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SfinaitfiaO

HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES

VOL.

SATURDAY, SEPTEMBER

23.

CONTENTS
THE CHRONICLE.
Fall Bnsinesi

and the Money

Market
Currency Contractieii and the
cial

268

Crop of

of the banks were too low to permit the claims of the

1875-71
967
Latest Monetary and Commercial

News

I

Engllph

I

Commercial

So-

Science Association

Cotton Uoyement and

|

265

mercantile community to be adequately met.

Secondly,

271

and

the same principle depleted the deposits of the banks.

Miscellaneoas
8*3

Ne^vs

I

down below the point of safety, and when
demand came for increased facilities, the reserves

allowed to run
the

The

NO. 586.

16, 1876.

strated until after the

These deposits, instead of being held sacred as a floating
fund for legitimate work, were lent at high rates to railroads and to other borrowers, so that the floating capital
of the country was tco rapidly converted into fixed capital,
and mercantile industry had to suffer in consequence.
There were thus two chief reasons of stringency developed
in the autumn of every year. First, the banks were short
of reserves, or at least their accumulations during the
idle months of the summer had been dispersed and had
become inadequate
and secondly, their deposits had
been used to an unsafe extent in loans to railroads and to
speculative enterprises requiring fixed capital. The consequence was that a very curious and unwholesome
state of
the money market was developed, and
some keen speculators soon discovered that, with
a little combination on the part of a small clique of
money lenders, the rates of interest could be easily
marked up at certain periods of special activity. Our
usury laws, bad as they are and great as is the mischief
which they worked in other respects, had at least the
good effect of protecting our banks against the temptation of openly joining this clique of " tight-money men,"
With the panic of 18V3
as they used to be called.
these cliques came to grief, and the conditions under
which their existence was possible were swept away^
How soon they may return and what new forms they
may assume, it is needless to inquire. We have at present no immediate cause of apprehension from their manipulation, as is evident from the ease of money, both^
here and in Europe. There is, therefore, an assurance
among our merchants, manufacturers and bankers that
whatever other causes may tend to check the revival of
business, there will be no mischievous influences proceeding from any stringency of money. On the contrary, the influences which we have several times of late
discussed, and which make the money market favorable

three years ago.

to mercantile recuperation, are

THE BANKERS' GAZETTE.
Money

Market, U. S. Sccnrities,
Railway Stocks, Ojld Market,
Foreign ExclianKf. N. Y. City
Banks, Boston Banks, Philadel-

I

|
I

|

phia Banks. National Banks, etc. S74
Quotations of Stocks and Bonds. 877
Investments, and state, City and
Corpoiation Finances
278

THE COMMERCIAL TIMES.
Commercial Epitome
Sotton

231
331

Breadstnfls

286

,

I

Dry Goods
Receipts and Exports

256
S87
888

Prices Current

^\)t (Jl)roniclc.
The Commercial and Financial
day morning, with

the latest

Chronici-k is issued on SatJirnews up to midnight of Friday.

;

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WILLIAM B.
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DANA

/

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neat
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te set uf the Co.m.mekcial and Financial Chronicle— Tuly,
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t3^ The Business Department of the Chronicle is represented
Financial Interests In New York City by Mr. Fred. W. Jones.

among

BL'SINESS A?ID THE iUONET mUlT.
most striking features of the finaucial
situation is suggested by the fact that at this season of
the year we have usually been accustomed to look for a
series of movements in the money market tending to
produce stringency. For several years after the close of

THB FALL

One

of the

the war, these movements grew annually more and more
prolific in trouble;

and the cause of the growing pertur-

bation and monetary spasms was never clearly demon-

Jay Cooke panic, which occurred
That event precipitated such a dis
ruption and upheaval in the financial machinery of
the country that it brought to light much that was previously unknown, and could not perhaps otherwise have
been so clearly seen. We now know that there were
two chief causes of the recurring stringency which used

^
'

ognized, and the propitious

market

is

often

cited,

now more

generally rec-

condition of the

money

very properly, as a reason for

expecting a moderate activity and a fair improvemeat in
the business of the country.

was observed by M. Leon Say, on a recent occasion,
power of any country should be
reserves of the banks, instead of being fostered and looked to, if we would forecast its productive recuperaaccumulated during the summer months, so as to be tion in any particular crisis. Tried by this very sound
ready for the active demands of the fall trade, were economic test the prospective outlook of the coming se*to be so troublesome.

In the

first

place,

the cash

It

that the purchasing

THE CHRONIOLK

266

son ought to be favorable. For two or thn e years our
forty millions of people have been economising, and
have been living upon as little as possible. Our crops
have been good, and our economies must have tended to
increase the potential ability to purchase, which constitutes the motive power of our enormous internal and
imported traffic. Moreover, the cost of production is

much

[September 16, 1876.

is often urged in argument against resumption.
If we
are to resume specie payments in 1879, it is contended,
we have but two or three years in which to make a

dangerous ontraction of the monetary
the country.
This interval of time is not
besides, the very process of contracting
may be so mischievous to the business of

circulation of

enough

;

and,

the currency
the country,

than formerly, and the whole course of prices that we had better postpone indefinitely all plans of
has received such an impulse as to invite and stimulate currency reform which require any contraction whatthe markets for all the necessaries and comforts of life. ever of the monetary circulation.
have no wish to press this .argument too far. All
To overthrow this objection, Mr. Nourse does not
less

We

we would

infer

from

it

is

the existence of a

number of resort to the tactics which some ignorant or disingenamong uous persons have adopted. He does not pretend that

favorable conditions for industrial activity, and

we claim a place for resnraption can be achieved without
power referred to by the of the outstanding currency. Still

the foremost of these conditions
that increased purchasing

Finance Minister of France.
Perhaps the most encouraging feature of the financial
situation is, however, the revival of confidence.
How
important is the element of confidence as a cause of
recuperation is too well known to need insisting upon in
There is also the further advantage that we
this place.
are not in this country exposed to the complications
which so often arise in European finance. In many
points of view, our financial system is separate and shut
off from the financial systems of European nations, and
with the exception of the silver troubles, scarcely any of
the great monetary perturbations of Europe have of late
years produced any notable effect here. This principle
is the more important in regard to the subject before us
because it removes from the monetary horizon the fear
that the war in the East, which is creating so much
anxiety in England and on the continent, may be hostile
to the recovery of industrial health in this country.
This fear has prevailed in some quarters, especially in
connection with the price of gold, in which some spas-

modic movements were predicted.
these expectations are to be realized,

Whether
it is

or not

certain that no

movements proceeding from this source are very likely to
operate prejudicially upon the general tendency of business.
Whichever way we look, then, whether to the
condition of our financial and banking machinery, to the
increased purchasing power of the country, to the revival

a large contraction

less does he admit
the possibility of any extension or increase of the volume
of paper money, as some professed resumptionists have

done.

He

frankly admits, that to reform our currency

system and to give

it

great diminution of

its

the stability of a specie basis, a

volume

is

indispensable,

and that

without contraction there can be no resumption. How,
then, it may be asked, does he overcome the difficulty

and answer the objections
This question

we

He sums up

himself.

which we have referred ?
Mr. Nourse to answer for

to

will allow

his views as follows

:

"The

conclusion seems to bs irresistible that there is no constant or even general relation of prioaa to the amount of currency
in issue, whether redeemable or depreciated, and that no rul«! of
proportion br-t ween them can ba stated. What is tlie practical
bearing of this conclusion 1 Nearly all arguments for and against
contraction of the currency, as a means to specie payment, have
carried the admission or assertion thit contraction must of necessity depress prices.
Its advocates urge the sacrifice for the sake
of the benefits to follow.
Its opponents, even of the class who
desire a return to specie payments, are in dread of further
depression and of further disability of debtors to meet their
liabilities.
It becomes, then, of the highest importance to show
that stagnation in business, continued downward tendency of
prices, and increased disability for both consumption and payment of debts, may consist with redundant currency, and because
of its redundancy; also, that industry may be quickened, consuming power be increased, capital and labor find better employment,
average prices be advanced, and the ability of debtors increased,
not only in coincidence with a contraction of the currency, but
as a consequence of it.
Under cprtaiu circumstances ihese propositions are true and those circumstances now exist. The quantity
of currency has by its excess reversed the ordinary effect to
enhance prices, because of its subjection to the superior consideration of quality in the command of confidence."
;

We have no space to recapitulate the arguments by
among our capitalists, or to our exemption
from some foreign causes of industrial depression from which Mr. Nourse attempts to prove that as the general
which other countries sufl'er, we see reasons for hope; level of prices has fallen to the specie basis, so the genand, although these gratifying symptoms are not so eral level of the monetary circulation may be reduced to
strong as we could wish, and are also offset by some the same point, without necessitating any serious revulcontrary indications which may tend to retard the recu- sion in business, or any perturbation in the financial machiperative movements, still, the least sanguine observer nery. It is impossible to argue such topics from abstract
must see abundant reasons for the belief that the country principles. What is important practically to remember
is making some progress towards industrial relief and is that resumption, if it be wisely attempted, will cost us
much less of effort and sacrifice than if it be attempted
solid commercial improvement.
unwisely. The time and the manner in which contracCURRENCY CONTRACTION AND THE SOCIAL SCIENCE ASSC- tion of the currency and the other preliminaries of
CiATION.
resumption are carried into effect, must always be taken
It is gratifying to observe that the discussions at the into the account before we can form any trustworthy
of confidence

annual meetings of our

scientific bodies,

such as the

American Association for the Advancement of Science,
and the Social Science Association, have been more
practically directed this year to the

monetary and indus-

problems, which are commanding so much attention among the masses of our pe6ple throughout the
trial

country.

may

As an

illustration of this practical spirit,

refer to the paper on currency contraction, read

we

conjecture as to

Iio'b;

much

disturbance in the course of

prices or in the activity of business,

maybe

the probable

result.

The

first

traction,

origin

of

that

dread of

which has overspread the

paratively recent date.

Near

currency con-

comMcCul-

countrj'^, is of

the close of Mr.

loch's administration, in obedience to the legislation of

by Congress, the Treasury adopted the policy

of contracting

Mr. B. F. Nourse, before the Social Science Association, the greenback?, with the universal approbation of public
at Saratoga.
We shall probably refer hereafter to opinion. It was left by law to the discretion of the Secother financial addresses, Avhen the full reports of the retary to redeem every month four millions of greenBuffalo and Saratoga meetings are before us. The pur- backs, or to omit the redemption. Fromcauses wlii«h are
pose of Mr. Nourse's essay is to meet a difliculty which well known, the money market became stringent in the

.

September

16,

.

THE CHRONICLE

lo.6j

autumn and winter of 1867, and Mr. McCulloch deemed
himself obliged, in conformity with the policy irapostd
upon hitn by Congress, to continue his monthly contrac-

267

TUE gUBSCRIPnO.V FOR MB. HEYWOOD.

We observe

with pleasure that a movement

to raise a contribution

among

makings

is

the banks for the benefit of

money market was the family of Mr. Hey wood, the officer of a bank in Minwas otherwise sensitive neapolis who was shot by robbers for whom he refused to
It was well known that the causes of open the safe of the bank.
The name of this brave man
in the extreme.
the perturbation were numerous, but the single will be recorded on the roll of honor in the bank annals of
cause of contraction was adroitly seized by the inflation- his country. A sum of |50,000, or some other adequate
ists, who wished to
stop the greenback contraction amount, should be at once raised, and properly invested,
altogether, and they so manipulated the subject that for the widow and orphans of the faithful oflicer, who
public opinion was strongly excited, and an act was preferred to die in defence of his post rather than basely
passed, which became a law without the approval of the to betray it to thieves and marauders.
Such courage
This act repealed the and self-sacrifice, properly exhibited, will soon put a stop
President, 4th February, 1868.
authority given by the law of 12th April, 1866, to cancel to bank robberies of this sort, which have been but
four millions of greenbacks a month, and discarded the too frequent of late. Every bank officer who thus sacpolicy which had been paramount in Congress ever since rifices his life to his duty should be well assured that his
18th December, 1865, when the House of Representatives family will be cared for and placed beyond the reach of
voted, 144 to G, to contract the currency preparatory to want. It is proposed to erect a monument over Mr.
the resumption of specie payments.
Had Congrest", Ileywood's grave. If this is desired by a sufficient body
when this vote was given in 1865, been able to have of the contributors to the fund, it would of course be
passed a law for actual resumption, many persons equally gratifying and appropriate. But the great obbelieve that we should have escaped the inflation of ject we desire to see done, and done handsomely, is to
prices, and should have prevented that expansion of make a liberal provison for the bereaved family, and to
credits which worked so much evil and caused the establish a precedent which shall be followed in all like
country to drift farther and farther from specie payments cases hereafter. The contributions for this excellent object
during several of the subsequent years. How much of will of course be given chiefly by our banks and bankers.
truth there may be in this opinion, we will not now But there is no apparent reason why other persons
inquire.
It is enough for the present purpose to call to should not contribute.
We shall be glad to hear that au
mind the fact that, in 1865, when the vote above referred opportunity will be given for such contributions.
to was given; and in 1866, when the contraction law was
passed, the dread of currency contraction had not arisen,
COTTO)i MOVEMENT A?i9 CROP OF 187»-76
Our statement of the cotton crop of the United Sta'ea for the
and had no influence in the country. It is also proper
for us to remember that this fear of contraction is found- year ending September 1, 1876, will be found below. It will be
seen that the total CMp this year reaches 4,669,288 bal<», while
ed solely upon circumstances which occurred previous
and the tipinnera' takingi
tlie exports are 3,253,994 b.i!eB,
to the repeal of the contraction law of 4th February, 1868
1,356,598 bales, leaving a stock on hand at the close of the rear
when the monetary stringency which was ascribed to of 120,380 bales. The table? which follow show the whole
contraction was in reality due in large part to other movement for the twelve months. The first table indicates the
causes, and especially to an expansion of credits and a stock at each port, Sept. 1, 1876, and the to'al on Sept. 1, 187o,
the receipts at the ports for each of the last two years, and tho
lack of available bank reserves, like that which subseexport movement fur the past year (1875-76) in detail and tho
quently caused the troubles which culminated in the
totals for 1874-5:
tion of tho

currency, although the

tight and the

financial situation

panic of 1873.
Receipts year

Inasmuch, then, as the time and the manner of currency contraction are of such vital importance, it may
be expected that those of our monetary writers who are
anxious to aid the work of resumption will consider the
various rival plans of contraction which have been or

may be

proposed.

We

lately suggested the

obvious

plan of redeeming the greenbacks in bonds, and of
demonetizing the oldest of the series of greenbacks now
outstanding.

By

scheme, or by some better expedient, the volume of the outstanding greenbacks must
be so reduced as that there will be no rush on the day
this

of resumption to redeem the greenbacks in gold.
If a
Buflicient amount of the outstanding notes has beforehand been redeemed by bonds, the advantage we refer to

Exports year ending Sept.

1,

1876

Stock,

PoBT9.
Sept.

1,

leTS.

Loni'inna ..
Alabauui
So. Caroliua
Georgia

1,

1S75,

Great

,

99.3,775

374,672
4Vi.ZTi

820,822
438 89J

7S3,-;8) 27,091 :«4,3«8
161,827
....1 S4,860
143,8j2: i.-ooi bl.^ati

521,82-.

60:a.246

161

488,640

868,2-3
10,S82
101,71B
418,114

1M,742 30,874

.

Texan
Florida
N. Carolina.
Virginia ...

New

York*.
Boston*
Philad'phia*
Baltimore*..
Portland*...

17,434
107.8;jti

529,128
198,098*

3M*

168,2.'8*

71,
8li.82B*

3»eti6*

6,297*
8,0«6*

8,132*
3,148*

aa.itii*

11-1

9,462

21,992
10S,S6»
414,610
58,07S
36,669

,

Total.
I

,%i,C03

iti.im

7s.3:)5'

281,713

82,65f l«i,993l
4,111 37,382

370,.'1S

1,817
]1,79j

....
...

8!2

3.497,i69

217,W3

8«pt)
.

;7,2f6;

17,527

S. Fraiicieco

Tot.thisyear 4,191,142
Tot.Iaet year

„

Chan-'
other
Britain nel. jFr'nce for-ign

1,415,95<,I

. .

.

Sept.

236 419

89 407
4.JS7
1,763
3,039
5,345
11

87 267

9,275
3,1X7
67,974

1(>8,(19S

431

4M,«74

64.2(17

3

68,07^

6,'

3,338
11,537

40,lX>7'

4,000

89,114

UVK

41

»»

100

34

3,080,711 !68,527|4.'«,S72 646.884 3,2.-2.»94 180,380
....IS59,«99 «1.301 2,G8».70J 6S,0Be
1 89;J.70j'

These

figures are only the portion of the receipts at these ports which
arrive overland from Tennessee, &c. The total receipts at New York, Baltimore, Boston and Philadelphia for the year ending August 31, 1876, are given
in a subsequent part of this report.
r^>g~

be obviously secured, and the public will have the
less inducement to offer the greenbacks at the Treasury,
or to produce that monetary perturbation which would be
inevitable if any large and general movement were to
be set on foot to demand gold for greenbacks at the
Treasury. Of course, if any such funding scheme as we
have suggested is to be crowned with success, one of the
essential features of it must be that it must not be
started when the money market is in a sensitive state of
unrest; and, as Mr. Nourse observed, the financial situation at present offers several conditions which are singularly favorable to the hope that, with due care and skill,
greenback contraction, to the extent which may be needful, can be achieved with less of peril and mischief than
has been anticipated by many of the friends of a sound

By the above it will be seen that the total receipt* at (he Atlanand Oulf shipping ports this year have been 4,191,143 bales,
against 3,497,109 bales last year. If now we add the shipments
from Tennessee and elsewhere direct to manufacturers, we have

currency.

crop of the United States for the year enling August 31, 1876.

will

tic

the following as the crop statement for the two years:
Year ending Sept.
.

1875-76.

Receipts at the shipping ports
bales.
Add shipments from Tennessee, &c., direct
to maaulaclurers

Total
in

above*

>

3,497,160

333,140

205,339

~4,534^

Manufactured South, not Included

1

1W4-75.

4,191,143

145,000

3,702,508
13J,483

Total cotton crop for the year, bales. 4,669,288 3,832,991

^F"

» In Sonthem consumption there was
mill rctuius, subseqnenfty completed, proved.
the same total as cur mill figures of last year.

The

result of these figures

is

an error made

We

last year, as otir
place the figures to day at

See explanation below.

a total of 4,669,288 bales as the

:

Overland and Intor-Stato movement.

[Sept<?mb3r 16, 1876.

Deduct—

Very few words are necessary in explanation of our overland
movement. In studying these figures, however, and, in fact, every
other portion of our crop statement, it must be remembered that it
always been our plan to count each bale of cotton at the Southern outport where ii first appears. This is a simple rule, applying
to every part of our annual cotton crop report. We in this way
not only preserve the unity of the report, and therefore simplify
it, but, as H consequence, also make it more intelligible, and less
liable to error.
Hence, in the overland statement, the reader vi ill
find three classes of deductions from the grosa amount carried
lias

overland.

shipped by rail from Southern outports to the
North. For instance, from New Orleans, Mobile, Savannah, &c.,
frequent shipments are thus made, an account of which la kept,
fcut it is all included in the crop of New Orleans, or Mobile, or
Savannah, &c., as the case may be, when it first appears there,
and therefore when the same cotton appears again in the overIS first, all cotton

must of course bo deducted, or it will be twice counted.
Second, we deduct from overland likewise the small amounts
taken from the Southern outporta for Southern consumption.
They also, for the sake of unity and simplicity, are counted at
the outports where they first appear. But, as is well known, the
entire Southern consumption is made up in an item by itself, and
added to the crop. Hence, unless these small lots which thus go
into Southern consumption from the Southern outports, are deducted somewhere, they will be twice counted.
Third, we also deduct the arrivals, during the year, by railroad
from the West and South, at New York, Boston, Baltimore, Phila
delphia and Portland. Those receipts reached these ports by
coming across the country, and appear in our weekly totals
becoming a part of the receipts at the ports, under the heads of
"New York" and "Other Ports," bat now have been divided up
and included under each separate city, according to the amount
thus received by it during the year, as indicated in the first table
of this report. All this cotton, then, having been counted during the year, must now be deducted as has been done.
it

With

.

THE CHRONICLE.

26S

land,

. :

,

these explanations, our detailed overland movement given

below will be readily understood. Of course, in making up that
movement, we have followed the plan which was first suggested
and acted upon by ourselves eleven years since. Up to that time,
this item had only been a crude estimate, based upon the
Memphis and Nashville statements. Now we have made it as
exact a record as any other portion of the crop total. Balow is
our usual outline map or diagram, by the aid of which one can
readily trace the course of the movement where it crosses the
Mississippi, Ohio and Potomac Rivers, aa given in the statement
which follows.

Eeoeipls overland at New York, Boston, Philadelphia,
Baltimore and Portland
St Louis BhipmcntB to Looisville, New Orleans, &c.

31H.278
4,573

Louis receipts from Cairo, &c
Southern Consumption and Shipments Inland from*
Galveston
St.

New

Orleans....

8,933
10S,4I2

M.)bile

Savannah

843
992
2 839

Charleston

North Carolina ports
Virginia pjtts

11,168—18.3,231

Less shipments inland heretofore

Mobile from

New

deducted—

New Orleans

559

Orleans from Mobile
Savannah from Mobile, &c
Charleston from Mobile, &c
Norfollc from Wilmington
Total

now

to

363-321,214

67,6o2
13,505

^1
1,800— 83,817- 49,420

be dedncted

.310,634

ft

Leaving the direct overland movement not elsewhere counted

333,146

As

stated above, these items are deducted—(1) so that "Southern Consumption " can be added to the crop in one item (2) because " Shipments Inland "
have once been counted as receipts at the ports named.
*

;

According to the above, the total carried overland this year

was 703,780 bales, against 461,751 bales last year, and the move.
ment direct to manufacturers this year reaches 333,146 bales,
against 305,339 bales a year ago.
This shows an increase over
last year of 242,039 bales in the gross movement, and of 127,807
bales in the net movement.
We now give the details of the
entire crop for the two years:
I^oulslana.
Exported from

New

Orleans:

To foreign ports
To coastwise ports
To Northern porta by

,

,

187.5-76.

,

.

l,.363,l)05

212.375
rail

,

and

river

Burnt, manufactured. Ac
Shipments from Brashear City
Stock at close of year

7,801
1,976

2,572
1,174

....

.

3.>1

29,407—1,614,364

Deduct
Received from Mobile*
Received from Florida
Received from Galveston and Indiauola*

9,9S&-1, 172,077

67,6:i2*

186,.^21

370

16?

120,417*

Received from ship Ailsat
Stock be -inning of year

84,457
1,168

9,985— 198,405

Total product for year

|^~ "These

1874-75.
995.270
162,4S4

15,959-

1.115,959

178,302
998,775

shipments from M jbi'e and Texas to New Orleans are
taken from the Mobile and Galveston statements. We use them, as heretofore,
instead of the record of arrivals from those points kept at New Orleans,
because we fee no other way of reconciling the various port figures. If
figures of

Ga veston, for instance, has received so much cotton, she must give ns a record
of the shipments, and if we do not accept her recoid of shipments entire, no
part of it can be correct. With the receipts there is room for reconciliation, tn
the surplus found on count of stock and in other obvious ways. Our crop
made up (not ou!y for New Orleans, but for all the other
ports) on thj supposition and basis that every port keeps and gives a correct
report, therefore, is

record of its shipments.
tThe "Ailsa" was sunk prior to September 1, 1574, and its cargo was included
in the year's crop ending that day; the amount here given was recovered in
W75, and, therefore, was deducted from the crop of 1874-75.

Alabama.
Exported from Mobile:*

To
To

.

foreign ijorts
coastwise ports.

1875-76.

.

243,f83
127,9:33

Burnt and manufactured....

303

Stock at close of year
Deduct:
Receipts from New Orleans.
Stock at beginning of year

.

223

4,227— 375,153
559

922—

324,931

807

92J—

.

1874-75.
131,341
192,445

Total product of year

1,431

8,908-

374,672

4,109

320,822

• Under the head of coastwise shipments from Mobile are inclnded (in
addition to the amount 3hippe<i to New Orleans) 40,517 bales shipped inland by
(being. 103,149 bales in all,) which will be found deducted in the overland

rail,

movement.

Texas.

A

Mo., Kan.

C

Illinois Central

& Texas liR. connection.
B Sprlngfleld & 111. Southeastern RR.

D
E
r

St.

Louis

&

RB. and branches.
Southeastern KR. (from

Shawneetown and Evansvllle.)
Cairo & Vlncennes RR.
Evansvllle &, Crawfordsvllle RE.
JJ Louisville, New Albany & Chlo. BR.
H & K JefTersonvllle, Madison &, Indlan^ „ apolis RB. and Madison Branch.
I

X

M

Ohio * Miss. RR., Louisville Branch.
Ohio & Miss. RR., main line.
Connections In Ohio of the Baltimore & Ohio RR.

O
P

Baltimore
Louisville

Branch.

& Ohio BR.
& Nash. RR. and Memphis

Q Through route Memphis to Norfolk.
R Chesapeake & Ohio KB.
T Orange, Alexandria & Manassas RR.
U Washington route, via Richmond,
Fredericksburg & Potomac RR.
V Richmond, Chesapeake & York River

made

Southern route from Richmond and

X

Norfolk.
Short Line RR., Louisville to Clncln.

Total product for year.

Railroad.

Carried North over Cairo & Vincennea Railroad
8u'l03
.',
Carried over Mississippi River above St. Louis
'..
87591
Carried North over St. Louis & Sontheastem, less deductions"
288
Carried North over Evansvllle & Crawfordsville, less re-shipmentV.
17 906
Carried North over Jeffersonville Madison & Indianapolis RR
153'406
.'.."!'.'".
Carried North over Ohio & Mississippi Branch
66293
Shipped through Cincinnati by Louisville Cincinnati & Lexington EE. 3!)' 306
Beceipta at Cincinnati by Ohio River
60'804
Shipped to mills adjacent to river aac} to points above CInciimati. .....
5108
'.

.'

,

235,364
i,085
851,951

223,884
143,006

—

5,:345

5, icid

393
493,745

5,105—

5,105

4,505—

483,640

.372,738

4,505

368,283

natl.

the above diagram, and with the aid of explanain our previous annual reports, nothing further will

Total carried overland,

ports*

W

be needed to explain the following statement of the movement
overland for the year ending September 1, 1876.
SMpments for the year from St. Loula
243 064
Carried North over Illinois Central Railroad from Cairo, &c
25'908

C

To coastwise

Burnt and manufactured
Stock at close of year
Deduct:
Received from New Orleans
Stock at beginning of year ......

By examining
tions

Exported from Galveston, &c.
To foreisn ports (except Mexico)
To Mexico

79l!reo

• Coastwise exports are made nn as follows 233,897 from Galveston;
bales from Indianola; 113 bales from Brazos Santiago, to New Yors,
bales from Corpus Chrifti to New York.
:

17,924

and 17

Florida.
Exported from Fernandina, Sic:

To foreign

ports
porta

To coastwise

Stock at close of year
Deduct:
Stock at beginning of year
Total product for year

44
17,432

11—

10,91

17,448

10,932

17,434

10,982

• These flgtires represent this year aa heretofore, only the sliipmenta from
the Florida otdporU. Other Florida cotton lias gone Inland to Savannah.
Mobile, Ac, but we have foUowed'our usual custom of couatlog that QOtton at
the OiUport wlwre U ftr»t appmn.

:

:

:

September

16,

—

..
.
.

:

;

THE CHRONICLE.

1376.J

Oonanmptlon, North aad South.
The past year has been an nnasaal one to the

Georgia.
Bxported from Savannah

*

To forejcni pons— Uplanil .......
To foreiirii j)orts— Soa Inland
To couHtwice ports— Upland ....
To coHf'twiBc |K)rts — St^a Island.
From Uruuswick to Nor: U'u ports
.

Burnt

1875-16.
868,844
1,374
165,868
5,493
1,44U

1874-75.
480,881

-

,

.

—

&c

ton,

—
—
—

Receive from Florida Upland..
Received from Florida S. Island
Stock beginning year Upland.
Stock beginning year— Sea Island
i

.

43—

546,138

619,933

fort,

.

.

1,023

1,136

lated in manufacturers' hands.

976
4.292
859

578

we

3.530
4,463

4a-

116-

21,297

16,687

603,216

968,660
6,470
167.304
3,999

376,694
5.019
186.994
8,212

996

853

1,417

i,139
2,443

346

840—

433,678

452,208

84
l,e09
7.016
3.678

3,916

523
2,44i

310—

477-

7,306

Total product of year

13,31

416,373

438,897

* Included in the exports from Charleston this year arc the following exports from Port Royal: To Liverpool, 4,550 bales Upland; to coastwise pons,
18,3% bales Upland and 438 bales Sea Island.
also include foreign exports,
49 bags Sea Island exported from Beaufort to London.

We

Nortli Carolina.
Exported from Wilmington,

To foreign ports
To coastwise ports
Taken

Ac:
87,267
79,779
1,148

for consumption

Burnt
Stock at end of year
Deduct
Stock at beginning of year

15,678
8J,1»4
591
31

458—

ioo—

198,591

458—

458

232

107,836

101,715

Total product for year.

101,947

Virginia.
Exported from Norfolk. &c.

To foreign porlB
To coastwise ports*
Taken for mannfacture

lO^ODS

67,212
347,539
7.189
626

412.043
10,385

Burnt
Stock at end of year
Deduct:
Received from Wilmington
Received from the "San Marc08"t
Stock beginning of year

431—

1,623- 424,135

531,552

1,800

3,500

228
626

Total product for year.

2,293—

2,420

529,126

6,021

418,111

* Our Virginia coastwise shipments are made np as follows; From Norfolk,
361,053 Dales; from Petersburg and Richmond. (58,330 bales, less 7,330 reshipments), net, £0,990 bales -making a total, coastwise, of 412,043 bales.
t The •• Ban Marcos." from Norfolk to Liverpool, went ashore at False Cape
in January, 18T5, and on 83d of January I.30 bales, and on January aoth another lot of 98 bales, from that vessel were taken into Norfolk.

Tennessee.

Shipments

From Memphis
From Nashville
From other places

484,545
61,814

Mississippi, Texas,

Orleans,

325,263
58,504

in Tennessee,

&c

'

319,160

Stock in .Memphis and Nashville
at end of year
Dednct;
Shipped from Memphis to New

&c

5,812-

891,387

&c

Shipped direct to manufacturers.
Stock ot Memphis and Nashville
beginning of year
Total shipments to

Add shipments

&c.

105,562

91,337

17,880
333,146

16,888
205,339

675,0J9

9,387- 390,473

316,278

241,335

338,146

Total product from Tenne6see,&c.*

205,339

446,674

to New Orleans, Norfolk and Charleston, which are
Orleans, Virginia and South Carolina crop.

•Except the shipments
included in the

New

Total product detailed above by States, for the year
ending Sept. 1, 1876
4,534,288
Consumed in the South, not included
'l45'0OO

Total crop in the United States for the year ending
Sept. 1, 1876
4,069,288
Below we give the total crop each year since 1829:
Years.
1875-74.
1874-75
1878-74
1872-78
1871-72
1810-71

...

\

Years.

(

1^57-58

Bales.
3,118,962

Years.
1842-48

18-56-57

2,ft39,519

4,170,388
3.930,508
2,974.3.M

1855-56
1854-55
ia58-54

3,5<7.815
2*47,3-39
8,9)0,027

1841-12
1840-41
I83S-40

Bales.
4,669,888

3>32,99i

18'!8-39

l,3bO.!)S2

l,EOI,49r

l('35-36
18^)4-35
183.»-34

1,860,762

18.52-53

3.2-.«.882

3,164 911)

1851-52

,3,01.5.0.9

1868-69.
1867-68
186*-6T
1885-68
1861-65
1860-61
1859-60
1858-59

2,'39«W|]850-51

2,355,237

2,5!«.»93
2,01i.7?4
2,193,187

1849-50
1848-49

2,09fi,706
2.788,.-96

!8'17-48

norecjrd

2.347,634
1,178,651

1832-33

1816-47
1843-46
1844-45

3.100,.':37

1830-3!
1829-30
1828-29

l<i43-44

2.314.508
2,080,409

Bales.
8,378,875
1,683,574
1,631.945
2.177,8i5

1887-38
1816-37

43'2.3I7

1869-70

8,658,006
4,669,770
3,851,431

This condition In Qreat Britain

see iittributed, by a writer in a Liverpool paper, to a revolution.

which he

states is going on in the system of trade with the East.
Formerly, it was customary for India firms to hold large stocks
of goods and yarns in Bombay and other import towns, and th»
route around the Cape necessitated a further considerable stock
at sea also.
Now, however, by means of the Suez Canal and
telegraph, all this is changed, very small stocks being held by
first hands in India, since any ordinary goods can be ordered
shipped and arrive in six weeks to two months from the date of
the order. Consequently, the old distributing stocks are held
nowhere, except in very small amounts, and the manufacturer
himself is compelled to carry the surplus. The pressure of thia
surplus in a " fresh place" (that is in the hands of mannfacturerst
rather than in the hands of merchants at Bombay and elsewhere)
this Liverpool writer says, is what has given an appearance of
over-production in Great Britain, whereas, in truth, he claims

there

is

no over-production.

Without wholly accepting this conclusion, the gnggestion that
a change is going on in Europe, as well as ia this country, induced
by steam and telegraph, in the matter of carrying stocks of goods,
is true, and is of considerable importance in interpreting the present
conditions and future prospects of the trade.
Our own manufacturers have had to .jontend against similar facta; that is, the
rapidity with which orders can be executed has led to a disposi.
tion among our merchants to carry very small stocks, and this
disposition the panic intensified, until in July, 1874, the mills and
their agents found themselves with a large surplus of manufactured goods on their hands. The first and natural conclusion,
was that this phowed a very decided over-production. Subsequent developments, however, have proved that position to be tufalse one, at least in degree.
This is evident from the fact that
on the first of July, 1875, although the mills used as much cotton
for the year ending that day as during the previous year, they
found themselves with decreased stocks of goods; in other words,
more than taken the entire production of the
twelve months. The year just ended is nearly a repetition of
1874-75 the mills having distributed more than they manufactured.
And yet prices have been constantly unsatisfactory, sales
being forced under this same idea of over-production. When they
saw the surplus piled up at the mills or with agents, they forgot it
was nearly the whole surplus, formerly held everywhere, and that
three months' production now, therefore, makes more show as
surplus than six months' production did in 1860.
But the turn has come. Low prices at last compelled many
the country had

—

summer to stop running, while low water in other cases
enforced short time, so that, as we showed a few weeks since,
over a million spindles were idle in New England; and probably,
take the North as a whole, there was a reduced production of

to manufacturers

direct

was a constant pressure of stocks accumu-

mills this

4,64C-

New York,

4,546— 631,808
03,782

Shipped from Memphis to Norfolk,

243,495

113,919

Shipped from Nashville to Sonthera ports

and we might almost say the controlling, feature

of the twelve months,

584,825

&c

cases, unremuneralive.

pre''ailing,

7,664

Sooth Carolina.

Barnt
Stock at close of year—Upland
Stock at close of year— S. Island.
Deduct:
Received from Florida— Upland
Received from Florida— S. Island
Received from Sav'nah * Mobile
Stock begtuniQi; year— Upland..
Stock beginning year— S. Island.

A

13,505

Tctal product for year.

Exported from Charleston, Ac.:*
To foreign ports— Upland
To fiireign ports— Sia Island ...
To coastwise ports— Upland
To coastwise ports- Sea Island.
Exported from Georgetown, Beau-

most

'n

869

181-

mann-

Spindles have been generally active,
though not pressed, and consamption has kept up fairly well,
but the trade has been lifeless, and the prices realized for goods,

190,011
5,557
199

2,868

cotton

facturer the world over.

2,3.Vt

25

Stock at dope of year— XIpland
Stock at close of year 8. Inland.
Deduct:
Received from Mobile and N. O..
Keceived from Beaufort, Charles-

269

1831-;i2

1,482,9.30

l,a.54.328

1.205,324
1.010.433
987.487
1,038,848
976,845
870,415

goods, amounting, for a short time, to 15 per cent of the entire
production. At the same time the requirements for export of

our best fabrics have been slowly but steadily increasiog, as the
quality of the first ventures has become known to the consumers.
Of course, under such circumstances, there could be but oneWe pointed it out on the 5th of August (before the late
result.
movement in the goods market) and asked the question then,
which may well be repeated now: "Do not these facts seem to" promise some improvement, in the early future, in the position
" of our cotton spinners ?" That improvement has been realized,
and with the promise of better prices the most of the mills have-

up again.
For the coming year the prospect is extremely encouraging.
This is a necessary conclusion from the proof given above asto the actual consumption of goods the past two yearn.
It ha»
been clearly shown that during those years the country hasabsorbed more than the production. The temporary stoppage of
the mills tended to reveal more quickly the true situation in this
respect.
Of course, the mills may overdo the matter, under the
present exhilaration, and force their spindles until the result is an
accumulation of goods. But. as the case now stands, ihe above
facts indicate that the country will need, and can be made to take
started

at remunerative prices, a production equal to either of the lag*

iwj

years.

.

:

.

:

.

.

.

.

THE CHROKld^Pi

27©

iSeptemb r 16, 1876.

In tbe Soatli, there have been no marked changes in the cotton
Year ending Sept. 1, 1876.
Year ending Sept. 1, 1.^5.
manafacturiog business. Some new mills have started up, but
Crop of
Number Weight,
Number Weight,
others have suspended, while still others have been running on
bales
pounds.
bales.
pounds.
> V
•>is
short time. Taken together, we find no material alteration in
4«,6I0
845,868,988
:03I7
the consumption of cotton. This industry has now secured a Texas..
368 883
183 033,651
497
L'luisiana
l,tI5 95'1
6.59,8)6,891
48) 01)
993, 175
453
450,180,075
strong hold in that section, and is certain to make very decided Alabama
607 -85
374,672
19 1,081,83 J
881,883
498
15'),769,.356
Cr'jorgia
524.^25
243,6.34,881
46l'82
603,248
833,52-),620
470
progress in future years, as it is proving more clearly, each suc- South Carolina
4I«,872
l''4,8-9,163
411 00
4:38, f 97
453
198,880,341
529,12-)
ceeding twelve months, how profitably it can be prosecuted there. Virginia
241.610,582 4 '7 CO
418,114
433
181,4 5,642
North Carolina
107,».3'i
47,2.38,11)8
438 00
101.715
45,771.750 450
And in this connection the improved condition of the South is an Tennessee, &c.
811,858
383,068,121
478 00
SS8,189
410
278,425,330
extremely hopeful feature in the industrial outlook for the whole
Total crop
4 669,883 8,801,410,021 471-46 3 8 8,991 l,786.93t,76-)
468
country.
We do not mean that every man there is accumulating
According to this statement, it will be seen that the total gross
wealth. They are doing better than thai; they are accumulating idfas of economy in production, which, in the end, must weight of this cotton reaches 2,201,410,024 pounds, and that the
inevitably not only lead to individual profit, but show to the average weight of the bales is 471 46 pounds.
world the wonderful capabilities of that richly favored section.
Sea Island Crop and Consumption.
The movement of Sea liiland cotton we liave made, the past
As an immediate result of an improved policy, it will be found
that the cotton crop now about to be marketed more nearly few years, a special feature of our report.
Up to that time no
belongs to the planter than any previus one, while hia food also correct record of the exports of this staple from the United
States, except from the ports of Charleston and Savannah, was
is, to H much greater extent than ever before, of his own raising.
The consumption of cotton during the past year, North and ever kept or attemf ted. For the Northern ports. Custom House
South, has been as follows:
manifests furnish no guide.
We have found it impossible,
.

—

Total crop of United States, as stated above
Stock on hand commencement of year (Sept. 1, 1S73) —
At Northern ports
44,875
At Southern ports
21,781—
At Providence, &c Nor htm interior markets..

bales.

66,051

8,352—

,

Total supply during year ending Sept. I, 1876
Of this supply there has been
Exported to foreign ports during the year
Less foreigQ included

obtained.

growth of Sea Island the past year has been as
bales
Georgia, 1,213 bales
South
Carolina, 4,756 bales Texas, 77 bales— total, 14,996 bales, the
particulars of which are set out below
Florida.

The

3,?'8,094

4,-'8J

m

1,356,59?

145,000

Total takings by Northern spinners
1.211,598
t3?~* Burnt includes not only wliat has been thus destroyed at the Noi them and Southern onlports, but also all burnt on Northern railroads and in
Northern factories. Every fire which has occurred, either in a mill or on a
railroad, in the North, during the past year, we have investigated, and where
there was cotton lost, have sought, and in almost every case obtained, a full
return of the loss. This enables us to give the actual consumj,tion in the
North with greater accuracy.

the

North

1876.

Bales.

Bales.

Balis.

Bales.

Bales.

Bales.

91,240

971,540
120,100

137,682

128,526

14o,07i'

—

Dertuct;

is,

the weight of exports.

The

145,0t0

bales

Galveston
New Orleans
Mobile

Savannah
Charleston

"Wilmington
Norfolk
Tennessee, &c
Total

Now,
as

Weight,
poimds.

i*

> V

fear ending &ept.

1.

bales.

Ports op

166

3—

77

304
77

804

14.996

17,027

>

270

4)0.587.886

128,B3J..'.70

131,.341

17J,8 3,9211

4i3,835

125,0t;0,572
ll,!)42,'rl46

27.i,1S0
1.5.673

65.3S8, tI6
198,9)8,431
124,6S5,770
7,10.%:»t

49,f7J.701
383,068,1J4

67,212
416,674

'iO.2l9.lS3

1.50

2O.i,9.J6,780

470

1.82l,89.-,206

8,378.8 9

1,

Net

Total
Supply,

Crop.

340

Georeia
Florida

1876.

4,';56

6,096

346

1,813

1,2,55
8.9:.0

181

8,;-.5f>

77

77

Texas

Of which exported

Stock, Leav'g
Sept. l.ifor dis-

Great Havre,

tribnt'n Britain.

1,074

8,9fO

"71

New Orleans

New York

..

IBoston
Baltimore

..

ex-

ported
624
350

4,346
1,0S4

4,7.SO

to

Total

4 970

1374

"74

Ih

3.3C9
570
2,192

371

11,691

1,345

16
3,740

570
8,192

.1

882

'

15.378

14,916

the foregoing

we

527

14.851

see that the total

12,935

growth of Sea Island

<D

370,
281,
87.
108,
811,

91)5

Distributed.

Stock,

South Carolina

From

24.'),

111,6.37,.343

How

Si-pt. 1, 1876.

1875.

1,-363,

.3.<4-?,8«6

7,400

74

Supply year ending

Sept.1.
1875.

<i

we apply the foregoing to the total crop
given previously, we reach the following result
if

Weight,
pounds.

115,974,043
635,160,330

836.

1,834— 3,643
4,756

Statement of the distribution of this year's crop:

Number
4)

—11,043

1,809

.

we have kept and the information we have obabove explained, enable us to prepare the following

Total

Number

67i
...

records

tained, as

305,94: 1.207,601 1,356 598

1,.

us the following result. For Ihe cotton carried overland from
Tennessee, &c., we adopt the average weight as given by tliH
Memphis Cotton Exchange

Exported from

.

Total Sea Island crop of United States

establishes the following average weight of the exports
which, applied to the total exports from the points mimed, gives

1876.

l.U
10,883
148

Total Sea Island crop of Texas

House

1,

0,843

Texas.

returns from the Custom Houses as to
A statement to us from each Custom

Year ending Sept.

672—

Total Sea I sland crop of S. Carolina..

Welgbt of Balc«.

—that

l,7a8

;
2,482
Received from Florida direct
Received from Savannah and from
1,434—3,916
Savannah
»ia
Florida

In obtaining correct data of the weight of bales composing
this crop, we have adopted the same plan which we have used in

previous years

7,953
4,.373

8,138
Receipts at Charleston
435
Receipts at Port Royal
Receipts at Savannah from Beauf t,&c
London
to
....
49—8,672
Beaufort
from
Shipped

l,0fi.!,465 1,177,417 l,n«2.523 1,211,,598

Total takings from crop 1,100,196 1,097.540 1,S0I.12,

8,313

1,813

Receipts at Galveston
Receipts at Corpus Christi
1875.

1,008,956

8,950

Sontli Carolina.

have been as follows:
18-4.

11

41

Total Sea Island crop of Georgia

not improbable that, with the lower prices, fuch ues ot cotton
been extended the past season. The total takings for
all purposes at the North and by the mills at the South, for a

1873.

878

18

from Florida

:

may have

1872.

6.171
1,809

726

7,SI2
Receipts at Savannah
Deduct:
4,384
Received from Florida
Received f om Florida for Charlest'n 1,623
Received from Charleston
92-5,999
Received from Beaufort, &c

and South have

1871.

-1874-5.-

,

4.212
3,9,6

Ci«orKia.

Is

Taken by Northern mills.
Taken by Southern mills

bales.

Total Sea Island crop of Floridi

together taken for consumption from this crop, 1,356,598 bales,
of which the North has had 1,311,598 bales, and the South (the
same as given in our annual Spinners' Report) 145.000 bales
Some cotton is every year used in the North outside of the mills"
though the amount thus hitherto consumed has not been large. It

series of years,

;

-1875-6.
at Savannah
at Charleston
at New York
at New Orleans
Shipments to Liverpool
direct

Receipts
Receipts
Receipts
Receipts

9,661—3,337,101

Total taken by spinners in United States, year ending Sept. 1, 1876..
Taken by spinners
Southern States, Included in above total

that

;

:

76,037

44,323— 181,380

indicates

Florida, 8,950

:

;

4,183

&c.. Northern interior markets.

The foregoine

total

follows

4,585—3,548,409

ports

At Providence,

74,411

4,743,699

Sent to Can Ida, direct from West
Burnt North and South'
Stock on hand end of year (Sept. I, 187(i)—
At Northern ports

At Southern

therefore, to perfect these figures except by special correspond,
ence in every case with tlie consignee or the shipper, and in this
way following every bale of Sea Island after it appeared at a
Southern outport, until it either had actually been exported or
The following are the results thus
taken for consumption.

4,669,583

this year is 14,993 bales,

and with the stock

The
The

total

at the

beginning of

-;"

the year 382 ba'es,

497
453
418
470
453

supply has been

bales. 15,378

stock at the end of the year, Sept.

1,

1870,

was

537

4.=)3

Making the

total distributed
to foreign ports

Of which exported
Burnt at Savannah

198,416.192

of each Slate,

Leaving consumed
'

14,851
.

in the

Or, including burnt

United States

12,936
23

— lS,au9
1,893
1,91

5

..,..

:

September

.

.

IHE CHRONICLE

187 G.J

16,

.

tlius reach tlie conclusion tbat our Bpinners have consumed
of Sea Island cotton this year 1,892 bales, lees whatever (if any)
stock there may be remaining in our Northern ports in excess of

271
Year ending Sept.

We

We

have also been able to prepare the following very
showing the crops and movement of Sea Islands

last year.

useful table,
since thi> war.

Geor-

Florida.

1875-76
1874-75
1873-74
1872-73
1811 72
1870-71
3869-70
1868-69
1867-68
1866-67
1865-66

8.9S0
8,313
8,8i5
10,764

Total

91.i-22

Caro- Texas

Total.

lina.

14,996
17,0*7

1,408

77
204
9^0

1,;6!I

1,100
89.1

96,289
1«,&»3

704

21,61)9

4,75(1

1,213

7.400
8,759
13.156
8,755
1,567
7,218
4.9 M
7,.'W4
9,i2)
5.008
e,!)7i
4,.577
6,2^6
1,1111

a753

eaniption.*

1.345

1

2,1186

1.915

l,9tr7

15.046

i.Wi

16,086
S8,»17

1,887

18,87:)
23,4«r,

2,113
1,52)

15,.')84

18,231

1,528
l,6ri
1,393
1.388
1,670
1,597
1,1C0

10,895 216 564

18,09^

622
591
61

23t,:«-> 215,61)9

19,9.

21.716
17.239
19; 859
30,706

1,P40
1.831

152
S9i
146

tS'~ * The column of "American Coneumption"
burnt in tbe United States.

Columbus, Miss

603
211

Charlotte, N.C...
St. Louis. Mo
Cincinnati, O

1.56

410
485

418

»7«,8.6

9jari

19,f00
80,274
82,044
61,2-M
20,031
25.322
14,869
18.150
27.188
38,096
1S4,031
151,969

«>,«67
40,388
104,095
129,180
2l.2i2
37.078
12.7D2
60. 1.'0

49,8WI
4«.14t
ir4.(B4

e2.6M

8*,51.8

42.415
243,061
l-iO.WJ

S,«4

1815,878

Total,

Mobile
South Carolina
Georgia
Texas

•"-

""'

187i.
1874.
187a.
88-1,976 1,177,038 1,147,.^14

1815.
i)95,i70

182.367
217,-66
4>9,671

181.941
275, 180

274,.'J8:J

2M,i84

833

44

287,074
17J.6,0
464,364

in, 242

2,110
180 16^
375,895
210,488

137.977

1

667,662

960,263

960,409

12,079

1,485,562

l,837,69S

1,929.625

81.7(6

lll.S-^S

295,79S
116,597

Florida

North Carolina

70
S.J 17

Virginia

New York

667,938
3,(05

Boston
Philadelphia
Baltimore
Portland, Maine
San Francisco

1,330
37,567

475

3,807
373,0 1
13,128
2,106
14.311

141
12

42),2S>

ports

shipment)) in the above statement include
from these interior ports for homo coDsumption.

New

363,005
24i,6a3
281,713
8711,218
2.^6,449

6,383

15,373

27,2o'7

207al

67,21 i

485,593
25. 99
2!!l,24S

415,172
36,259
2>,09J

108,693
494,374

41,628

44,51,7

40,007
29,114

3t2
468

481

""393

.'8,078

Below we give a detailed statement of the year's exports from
each port, showing the direction which these shipments have

Bo ston.

York.

New Orleans*..

179,463 1 14,866
94,520 68,983
96,763 110,152
Mobile*
4,1160
1,270
Florida
7.271
5,509
South Carolina 105,16) 118,63)
North Carolina.! 54;676 59,756
Virginia
1181,603 151,618
Northern ports; 11,091 18,3^
T.nnessee, ate. ,98,693 158,228
Foreign
4,188
3,277
.

Mobile.

Gal- Char- Sav'n- New Ba'ti- Other
veston leston nah. York. more. Ports*

mouth, &c

27,091

G r m s by,

10,630

30,274

1,700

9,462

3,oor

6,753

68,919

13,220

6,90H

1,175

9,250

229

55,633

82,t53

11,790

3^ 777

8,552

Havre

Kouen
Bordeaux,
.

3ifl,'627
7,677

24,830

4,111

1,817

44'i.878

1,69)

9,370

& Dunkirk

624

..

79,05(.

..

Hamburg..
Antwerp
Amslerd'm
Uotterdam

624
i.3,478

428
8,071
10,403
14,620 'i6,'623
1,402
1,601
5,441
35,528

.

Reyal

19,226

6,170

49. 138
],93->

3.591

1.780
2,311
1,650

6,.500

2,38.)

2,610

SS,183

8,1611

19,523 32,'366

22,932 10,845
8,689 .. ..
2.9K8
1,350
7,215 '"74i
10,989

200.8.J9

3,338
1,075

15.864
21.203
54.035
21.

+«

105,441

Cronstadt,

&c.

.

.

Riga, &c.

8,131

6,955

2,500

3,586

4,636

9,4-1

2,60.

12,670

44,453

Euro;

8,'.

.

North

1,855

2,410

66

7,841

3,«'2

5,969

1,200

2,710

8,910

27,lt.8

21,642

76,.'>78

750

16 196

of
e..

Barcelona..

Malaga

..

834

80
18,775

15,643
14,128
23,913

11,168
21 ,.381
57,914

12,860
18,926
61,820

32,161

6,297

8^182

101,314 .127,105 '124.733 112,142 116,485

120,533

.

.

14,462

15,076

5,'.64

.

81.0

1,874

4

&c

'666

21,892

Naples and
Venice
.

'

"7,'i25

9,400

872

12,850

230

12
409

1.362

4 S72
1

Indies

TotHl...
•

18,030

2

1

1,.863.0:)5 '»M,68)

3

236.449 281,713 870,218 '494,-874 29.114 2)4,4.88 8,2.32,991

"Other Ports" includes the following shipments

From Wilmington,
to

1,340

No Am.

ProT
Mexico...

W.

21,993 bales to Liverpool, 1,075 to

:

Amsterdam, and

1,2C0

Hamburg.

From Noi folk, 103,801 bales to Liverpool. 3.007 to Cork, and 1 ,817 to Havre.
From Boston, 58,076 bales to Liverpool, 1 to New Bruuswick, and 2 to West
IndiCM.

from

I

I8,8r3
23,015
61
8.937
73,625
46,539
74,018
39,666
86,828
159]
....
'

I

I

I

I

!

I

Htm 8

RATB9 0F BVOHANGB AT LONDON AND ON LONOON

AT I.ATB8T DATBS.

BXCHANGB AT LONDON—
KEPT.

EXCHANGE ON LONDON.

1.

LATEST
DATE.

Tins.

Amsterdam
Antwerp
Hamburg

Short.

. .

Paris
Paris

short.

ei2.3

12 2

3

mos.

short.

short.
3

12.12
25 29
:0.42
25.24

V'

months. 23 45 @25.5l)
"
5064 @20.68

3

moclbs. 25.40

8i543

12 .30

315.:)5

"

Berlin
20.61 O50.6J
„
Frankfort
20.64 a»0.68
"
St. Petersburg
J0)i(g.30«
Cadiz
Lisbon.
90 days.
5i^8617i
Milan
3 months. 27.frt«S27..57«

Qenoa

**

."Janles

**

Madrid
New York....
Rio de Janeiro
Bahia
Buenos Ayres..

•»

Valparaiso.

3 mos.
short.

Aug.

3

29.

121.00
20.47
20.48
31 13-82

mos.

Philadelphia, £6,669 bales to Liverpool, and 3,338 to Antwerp.
Francisco, 3;S bales to Liverpool, uud 41 to Hamburg.

From San

S7.52)§®S7.57X
27.6-.l>l@a7.57>i
•i;>.'Si"!4

.••.

..

....

30 days.

Is.

'*

Calcutu

Hong Kong...

1».

Shanghai
Singapore..
Alexandria

.

LFrom

The demand

for

Aug!
Aug.
Aug.
Aug.

June
Aug.

....
....

48.10
4.S7

sho. t.
60 days.
90 days.

90 days. 60<f g.,*rx paper

40®4(J^

16.

2S@!5X

27.

OTir

own

6 mos.

31.

1».
Is.

81.
11.
19.

10.
80.

4s.

7V<<.
7^<*.

per dollar.

5s 9iid.
60days.'3«. lld)^3<.ll>t'd.
96
3 mos.
I

correspondent-l

London, Saturday, Sept. 3, 1876.
money during the week has been upon an

exceedingly moderate scile, and the market has presented no
new or encouraging feature. There is still a super-abundant
supply of lloating capital, and the rates of discount remain, in
consequence, extremely easy at f to 1 per cent. The official
minimum is without change at 2 per cent. From nearly every
centre of industry reports have been received indicating no
improvement in the geneial condition of business, and this is »

matter to be regretted, an the autumn trade should have been EOmewhat of a guarantee that business would sssume more extended
proportions. It is evident, nevertheless, that there is no great
desire

shown on the part

plenty of room

total receipts

IHd.
IXd.

....

year:

of Cotton at the Interior Ports.

1.

SO.

uontevldeo...

and ehipmentB of cotton at the
interior ports, and the stocb on the first of ^optembei of each

movement

30.

July

Jnly
July

with the caution which
tliis seems very plainly
during the remainder
however, trade is not

Be'ow we give the

Aug.
Sept.

Jn'ly'sO.

...

836

Clibri>ltar,

Br.

i

Cateat iWoiietarn anit dominercial (f iicjliah

6,564

200

2,662

.

.

I

road, overland.

Santander,

&C

Baltimore.

18,87i

431
1.2.7
17,610

42,170
20,772

1,8^9

948.491 805,612

Bombay

GothenbVg
.

:

There have been large shipments for New York, &c., from New Orleans
and Mobile, which do noi appear In this statement, having beeu made by rail-

Peruambnco

H'lsliigfors

Ac

amonnts taken

'.

M'reeillee

Bremen

8,612

•

Vienna

i

&c

80
296
58
285

I

ToUI.

780,563 144,(94 166,140 142,177 161,113 407,626 17,527 223,957 2,033,247

Liverpool.
Cork, Fal-

'

Philadelphia

I

86.821
16.798

74,099
87,866
71,396
4

'

OSNew

120

9

6,916
4,184
1K,149

19,168
8,598
31,826
6,483

...

taken

Orleans

15«
1,518

21.226
88.7"S
12,786
6U.S29

1875-76.I1874-75. 1875-76. 1874-75. 1875-76. 1874-75. 1875-76. '1874-75

Total

],(.82

7,7<a
573.498
11.128
6,^92
20,943
2,2J7
324

Total from Un. States. 3,163,742 1,957,314 5,679,981 2,840,981 2,684,410 3,S5i,994

To-

m
ns

)«7,84<1

42,624
245.031

The

5,408

dross Receipts at Nenr York, Boston, ice.
The following ar« tlie receipts of cotton at the ports named

1876.
1,

new

.

Total. all

-Exports to foreign ports for year ending Aii| ;.31-^
1871
,313.635

4M
«W
9M
MM

irr,42»

..

Rome, Ga

Total Exports of Cottou to Foreign Ports for Six Years.
1

73MU

817,900

Eufaula. Ala

Texas
Savannah

.

7S7S7

M,8U

...

6.35

:

.

58410
4M,6IB

.

3;o

other ports, stated separately, as well as the totals to all the ports.
In the following we give the total foreign exports for six years

bales

(85

51.864

60,'.S8

Texas

Shreveport. La
Vicksburg, Mies.

Griffin. G>i
Atlanta. Ga.

includce

table

in this

1,667

Kx ports.

for comparison

I7i865

54.1'«7

B8.5«a

Total, old ports.

Jefferson,

527
882
593

1878.

467,»7il

Da' las, Texas

31.

In the first table given in this report will l)e found the foreign
exports the past year from each port to (ireat Britain, France and

From—
Kew Orleans

Selma, Ala
Memplils, Ttnn.
Nashville, Teun..

Stock
Con- Aug.

11,591

14.991

19,016

Total
exports.

1,

1^2,592
61,873

Macon, (ja
Montgomery, Ala

ican

13,1.19

19.»(l
22,778
15,38i
19,707
30,314
18,086

26,507
1S,681
21,275
32,228

54.365 84,194

Continent.

Or«at
Britain

l».91'i

9.943
6,7.3
10,408
11,212 10,015 11,001
2,428 10,967 5,6:j0

.

Ga
Ga

Augusta,

Culunit>uH,

Amer-

iZPonTa.

South

eia.

5,6.'4

Year ending Sept

1675.

.

CHOP.

B«a(on

1,

Receipt*. Sblpm'ti. Stock. Receipts. Ishipm't*. Stock

for

of the mercantile body to trade, excej t
now been observed for so long, and

has

to indicate that

we

can expect no activity
At the same time>
was, and, though there ia

of the current year.

so bad as it
improvement, a fair degree of steadiness

ifl

:

.

:

,

;

.

THE CHRONICLE.

272
apparent in prices.

It

believed that the advance recently

is

maintained, and the wool trade,
thoujfh by no means active, presents a firm tone but even an
opiimist cannot be convinced that the trad^i of this cointry is to
will be

established in silk

;

assume any degree of activity this year. All sections of the
community have evidently been seized with a very cautious and
economical fit, and a strong desire is still shown to reduce expenditures, and by that means endeavor to repair the severe losses
which so many have had to encounter during the last few years.
are now as follows
fei cent. Open-market ratns
Per cent
4 mouths' bank bills
1
Bank rate
@1^
6 monthe' bank bille
Open-market rates
m®lH
SOandeOdiys' bills
4 and 6 montha' trade bills. IX'^IX
}im
Smonths'blUs
Ji@l
The rates of interest allowed by the Joint stock banks and dis-

The

quotations for

money

I

I

•

I

I
;

count houses for deposits remain as under

:

Per cent.
-Joint-stock banks

1

X

Olscoanthonsesatcall
Discount honses withT days' notice
Oiscoant boaaes wlthl4 days' notice
The following statement shows the present position of the

ITpland cotton, of No. 40's Mule
«nd the Bankers' Clearing House
previous four years

twist, fair

fi

Bank

Qovernmentsecarlties.
Other pecurities
Reserve of notes and
coin

quality,

:

I97S.

Ciccnlatlon, inclndinir
bank post bills
Pablic deposits
Other deposits

second

compared with the

return,

1876.

1875.

1874.

£

£

£

£

87.231,683
4,825,486
19.002 656

1.3,3.5M11
20,930,994

I.I.SOn.SBS

13,16i,3!<t

20,'«e,i69

17,579,576

28.651,385
4,093,S9J
25,010. IDS
13.591,139
18,319.782

28,452,554

19,33:3,700

86,778,.M5
6,275,511
81,315,520

11,703,475

18,760,233

11,'.6',302

15,739,208

20,621,351

24.067,463

82,153.677
3 p. c.

89,023.298

33.709,326

£
86,90.3,190

r,8%,805

3!4P.

c.

8X

27,08 ii,451
15.259,131
15,851,853

2X

p. c.

94X

94H

96

62e. 5d.

543. 6d.

463. 4d.

8y,i.

8 l-16d.

528. 9d.
7 3-16d.

6Hi.

Is. l^tfd.
Is. \Xi
Is. 03,'d.
115<'d.
quality
-Olearing House return 124,523,000 122,481.000 128,179.000 115,700.000

lOXd.
1,217.000

following are the rates of discount at the leading cities

abroad:

Bank

Bank Open
rate, market.
per cent, percent.

IX

Rome

S

Leipzig

4

4
3

V/i

3

Brussels
Turin, Florence

Hamburg

4

Berlin

4
4

2}i
2y,

Vienna and Trieste..-.
Madrid, Cadizaud Barcelona
Lisbon and Oporto...
St. PetersburK

iH

and

Genoa
) Geneva
INew York

iH
4J<

6

6@8

6

....

5

Copenhagen

ax
'sy,
.

5

.

Constantinople..
FOB BULLION.
I

eoLD

BarQold

s.
e,

per oz. standard.
per oz. standard.
p«roz. standard.
per oz.
peroz.

BarGold.ftne
Bar Gold, rettnable
Spanish lionbloons
South American Doubloons
United 8ta*,e» Gold Coin
German Gold Coin

4

3ia4

(Calcutta
j

9
(JtlOTATlONS
7

market

2X

3
3

Frankfort

Open

rate,

per cent, per cent.

Amsterdam

'.

peroz.
per oz.

StLVBB.

d.

d.

77
77 9
77 11
7i
73
76
76

@

payable quarterly in gold on the 1st of June, September, December, and March of each year. The principle adopted in the
case of the existing five jier cent funded loan, of permitting the
bonds to bo registered in the name of the holder, is adopted, and
Treasury checks for dividends will be forwarded to the address
registered in the same way now done in English Government
stocks by the Bank of England. A Treasury official will remain
for some time here to inscribe, free of charge, the bonds of such
who may desire to avail themselves of the privil<'ge. The price
of issue is £103 lOs. per 500 dollar bond, payable £.5 on application, £20 on allotment, £25 on the 31st October, £25 on the 2Sth

is

December, and £28 10s. on the 22d February next. Interest will
be allowed on the instalments from the date of payment to the
28th February next, and a coupon for the amount will be
attached to the scrip to be issued this scrip being exchangeable
for bonds after payment of the last instalment. The rate of discount to be allowed for pre-payment of instalments is not yet
Subscriptions will be recsived by Messrs. Rothschild in
fixed.
conjunction with Messrs. J. S. Morgan & Co., and Seligman
Brothers and the lists will be closed on Tuesday, the 5th prox.
In the present condition of the money market, a most favorable
time has been chosen for this operation, and there seems little
doubt that it will be a success. Although a good deal of money

—

—

may

be

produce

moved about,
much material

The amount

8

«»
la

S

3^®

d.

relative change from the preceding return, the proportion of re
serve to liabilities being nearly 61 per cent. The supply of bul
iion held by the establishment amounts to £33,709,326, against
£29,028,293 last year. The supply held by the Bank of France
to £84,0.".3,360.

England on Wednesday
for £350,000 in bills on India, and £101,200 was allotted to Calcutta^
£100,000 to Bombay, and £4,000 to Madras. Tenders on each
(Presidency at Is. Tfcl. were entertained in full. No allotment wag
made under Ihat price. The rate obtained is lower than on the
iprevious occasion, and, in some quarters, it is regarded that the
government of India has been unsuccessful in its plans. UnTenders were received

at the

Bank

of

questionably, the Secretary of State for India

is

rau'ch

disap-

pointed at the result of the recent sales of its drafts, but it is
evident that the price of bills, as well as of silver, must be regulated by supply and demand. It Is not right to assert, therefore,
that a policy which has failed to raise the price of silver is altogether unsuccessful. It has, undoubtedly, been unattended with
the result hoped for, I ut the Council of India, like every other
community, must be satisfied with the best terms it ciu obtain.
Bar silver is now quoted at olf per ounce, while Mexican dollars
realized 5-lJd. per ounce.

H

per
The prospectus of the United States Government new
cent funded loan has been issued this week. It states that the
total la for 300 million dollars, in bonds of 50, 100, 500, and 1,000

not likely that the transaction will

is

it

on

effect

rates

tlie

now

current.

of business in progress in the stock markets has

But

little, if

any, disposition has been

movement has con
about 9 per cent in Argentine stock, Messrs.
Marietta & Co., the London agents, having announced that the
half-yearly interest will be discharged. Erie Railroad securities
have been dull, but most other American securities have been
shown

The

to operate largely.

principal

sisted of a rise of

steady in value.
Owing to the inferiority of the English crop, in point of quantity, a firmer tone has pervaded the wheat trade during the week,
and prices have risen Is. to 23. per quarter. It is evident that we

which has

shall require a large importation during the season

now commenced, but there is no reason for doubting that we
shall obtain all that we require. The quality of the new wheat
gives every satisfaction, and there is every reason to believe that
the farmers have harvested a crop which will be readily marketThe quantity of whea'. afloat is rather more than 1,000,000
able.
quarters, being about the
According to the full

of

®

»
«

Lave

and is redeemable after 1891. The object of the loan is
redeem an equal amount of 6 per cent bonds, and the interest

26, the deliveries of

per oz.. standard, last price
81 »<
Bar Silver, Fine
St
Bar Silver, con'ng 5 grs. Gold. ..per oz., standard, last price. 52
(it
per oz. 54 J<
Mexican Dollars
peroz. none here.
Spanish Dollars (Caroms)
s»
.peroz.
Five Franc Pieces
Quicksilver, £8 10s. per bottle. Discount, 3 per cent.
The Bank of England return, published this week, shows no

amounts

to

S,768,5'.M

p. c.

16, 1876.

dollars,

been very moderate.

Coin and bullion i£
>both departments.... 23,li9,J60
Bank-rate
SX p. c.
Consols
nx
English wheat
59^.1)1.
Mid. Upland cotton ....
lOd.
No. 40 mule twistfair td

fui»

[September

;

X

of England, the Bank rate of discount, the price of Consols,
'the average quotation for English wheat, the price of Middling

The

,

same

as at this period last year.

the week ending August
English wheat in the 150 principal markets
return for

England and Wales amounted

in that period to 28,634 quar-

against 29,713 quarters last year, while in the whole Kingdom it is estimated that they were U4,53S quarters, against
119,000 quarters in 1875. Since harvest, the sales in the 150

ters,

have been 2,100,031 quarters, against 2,786,966
whole Kingdom it is computed that they
have been 8,400,000 quarters, against 11,148,000 quarters, showprincipal markets

quarters

;

and

in the

ing a deficiency of 2,748,000 quarters. The following quantities
of produce have been placed upon the British markets since last
harvest

:

1875-8.

cwt.

cwt.

cwt.

6,714.101
50,165,400

43.067,031
0.410,156
12,49B,:W0

65,980,586
6..M7,9«2
43,594,000

95,918.174 ;00,29»,373
866,133
938,775

91,993,489
2.532,700

96,142,523
899,717

..91,979,399 100,028,235

89,410,789

95,822,811

Total

Deduct exports of wheat and

flour.

Result

1878-3.

1873-1.

1874-5.
4.3,414,672

cwt.
Importsofwheatsince harvest.. ..51,96S,781
6,161,793
Imports of flour since harvest
37,800,600
Sales of EuBllsh produce

Average price of English wheat for
,.
„„
.o
„j
62e. 5d.
583. 5d.
45s. 5d.
473. Od.
theleason
The following are the principal British railway dividends that
to date
Proposed

have been announced

:

rate per

cent per

Company.
London HI, d Brighton.
Ma.

Chester, ShtUlttld

annum.
...

2Ji

,

Balance
Brought in. Carried out.
,

£J,J42

and

£ll,aO
_

„ „

/—Rates of dividends decl'd.—
Prev's Cor. h'lf
half-yr.

yr. '75

7Ji

iK

^

,

3,-3«
Lincolushre
X
VnVS
t
3,0(0
4
....
4
Metropolitan'
8,600
.;4
t.m
South Eastern
3X
.•....
1
nil.
Great Eastent
not stated.
18,9.34
8Ji
7
North Eastern
I.«0
^''"*,
IX
Korth ^taftordshire
.
iH
not stated.
iji
2,139
4X
Great Northern
not stated.
ll'.0:7
6
6X
Lancashire and Yorkshire.
8.OO1)
7.517
London and .Western..
4X
fA
not stated.
20.669
6
5
Midland
rot Hated.
89.044
IJi
London & North Western.
June
ended
p.c.
year
Lond CUothara & Dover. ..Arbitration pref'ce, 368.

Great West, rn

SX

North British...

3),'

9,173
1,076

1%
4M

13,001
1,100

• After carrying fil.OOO to reserve fund.
tAU the preferred stocks except the 1872. on which
leaving about £10,000 to be paid out of next half-year.

\,y
i%

3\
"i';

8X
i^
5J<

6

4«
6

«X
16

30,

3X
4
.

1

per cent was paid,

—

:

September

—

:

.

,

THE CHRONlCLli

lb76.]

16,

— Messrs. Pim,

BuxliDh narket Reports— Per Cable.
Thedftilyolosias quotations in the markets of London and LIvfrpool forthe past week have been reported by cable, aa sh^wn in
ihe follovrini; summary
Ijondon Money and titonk Marktt.—Thd bullion in the Bank of
EoRland has increased £677,000 during the week.
Thar.
Frt.
Wert.
Taee.
MOD.
Hal

M
W

11-10 1.1 ll-!B 95 18-16 95 11-16
05 11-16
... 06 B-16
11-10 95 11-16 95 13-10 95 11-10
acconnf... 95 11-16 1)5 9-10
108,
lOiJi
lOJJ*'
IP6J£
lOSJi
O.8.8e(5-S0«,)'e«(old);06!/t
»'
loax
"
if9x
10!)
1867
losjt
loejii
los
los
\m%
lOTji
loiii
0. 8.10-406
lO'X
"WX
lOJM
101^4
101^
Hew Se
107X
were :
Frankfort
Tbsquotaclons for United States new fives at

Cton«ol«formon6y

"

m^

m\

C8.newflve«

••••

••••

••

••

•

Livtrpool Uotton ,lf ir/c){.— See special report or cotton.
Liverpool Breadttuffa Market.
Thnr.
Wed.
Mon. Tnes.
sal.

—

B.

d.

iNo

afDrlni:)...

(winten. ..'....

••

"

(Cal. white, club.)

"82
"92
"
9

8

9
25

Comfn.W. inlx.)W qaarter 2S
Peaii (Canadian) « ouarter 86 a

TO

"
"

Lsrd (American) ...
-OheeBeCAmer'n flne)

50

1/

—

363
Tues.
».

70
83
45

U

70
82
45
62
52

6

51

»J

88
92

51

MO

9
25

MO9
9

s.

82
9 .3
9 10
25 S

9

363
Thar.

d.

Frl.
r.

4>>

53
52

6

Commercial anh JHiaceUaueoua

d.

70
80
46
52
65

70
80

70
81
46
52
52

3bb

d.

8.

B

9

3

§.

d.

2S

Wed.

36

Frl.

d.

» 8
9
82
92

6

9

d.

d.

.

d.

a.

9

9
25

8

B.

«. d.

d.
6

82
92

363

Sat.

8eef(mes»)new»tce

82
9

Mon.

Liverpooi Provitiont Market.

iPork (W't.meBe)newMbbI 85
.Bacond.cl. inld.)new»cwv 45

a.

« 6
9
82
95

»bbl 52
*loar(extraSiate)
WheaKNo. lapring)..»ctl 9

"

d.

s.

6

6

6

lottos.

—

Imports and Exports for thb Wbbk. The imnorts this
week show sn increase In dry goods and a decrease in general
merchandise. The total imports amount to |4,117,G98 this week,
4i|{ainst 14,467,011 last week, and 14,724,681 the previous week.
The exports amount to |(4,876,.534 this week, against $6,417,217 last

week and

|5,540,.553 the

The exports

previous week.

of cotton

3,832 bales, against 4,-184 bales last week.
The tollowingarethe imports at New York for week endinB (fot
.dry goods) Sept. 7, and tor the week ending (for general mer-chandise) Sept. 8 :
FOREIGN IMPORTS AT NEW YORK POR THE WEEK.
•the past

week were

1875.-

1876.

1S73.

1874.
$5,.35ti,575

|1,6I!),9J5

•General merchandlBe...

$2,5U3,7!8
4,172,857

4,586,933

2,760,248

$1,718,441
2,399,265

Total for the week.

»i.fi76.6C5

$(1,953,507

Previoaaly reported.... 28i,558,757

a8i.8!4,056

$4,380,193
241,477,720

»4. 117,698
199,885,904

$238,767,563

$245,867,918

$204,003,002

-

DrygoodB

Since Jan.

$a90.5.W,362

I

In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following ia a statement of the exports (exclusive of specie)

New York

from the port of

week ending

to foreign ports, tor the

Sept. 12:
EXPORTS FBOK

For

the

1874.
$4,591,531
203,767,490

1875.
$3,593,349
173,725,621

$102,;7',909

$';8.359.0'!1

$177,288,970

Previously reported....

SlnceJan.l

The following

New York

for

NEW TORK FOB THE WEES.

1873.
$6,386,388
195,785.531

week

1873.
$1,876,624
181,7.30,099

$;8ti,608,623

show the exports ot specie from the port of
the week ending Sept. 9, 1876, and since the
will

beginning of the year, with a comparison for the corresponding
date in previous rears
8opt 6— Brig Ada H. Hall

:

Porto Cabe'lo..
London
Sept. 7— Str. Cimbria
Liverpool
Sept. 9— Str. City of Berlin
Sept. 9— Str. Neckar
London
Total for the week
Previonely reported
Total since January 1, 1876

Same time

in

—

1872

.^7,252,820

1871

5t,S;7,«02

The imports

1

|

been as follows
1— Str. City of

7— Brig Tula

Belize

Sept.
Sept.
Sept.

8— Str. Gellort
8— Str. Clyde
8— Brig Eiche

Bambarg

$17,419,404
25,274,067
6.5.3.530.i6

41315 250
5J.540,753

1,330
1,112
61,821

Ooldcoin.
Gold coin

tl96,60u
"$3,620, 146

Same time in^
4.614 251
3,077.410
2,916,317

1873
1872

4,800
117,085
6,163
1,964

3,423.546

$8.68y«)6

1874.

$3,090

Gold coin.
Silvir coin
Gold coin..
Silver coin.

Laguayra

1875

same week have

Silver coin

Havana

1871
1870
1869
1868

$7,632,509
7,9no,4.J2

9,584,124
6,748,917

The transactions for the week at the Custom House and SubTraasuiT have been as followa:
Custom
Honse
Receipts.

Sept

,

3

3251.000

11
12
13

121.000
499,000
293,000
388,000
485,000

14
15

Snb-Treasnry.

.

,

-Receipts.
Gold.
Currency.
$788,875 98
5i4.19J 51
826,040 "it
.331.099 rO
!,3F5,360 CO
858.64 i 79

—

— Messrs.

Rollins Brothers & Co., bankers, 21 and 33 Wall
inform us that they have advices from Mr. George M.
Rollins, at Paris, informing them of the formation of the house of
Rollins, Van der Weere et fils. The firm is composed of Mr. Geo.
M. Rollins, senior of Rollins Brothers & Co., New York, Count
Van der Meere, of Flander?, and his three sons five members in
all.
The business will be the banking and commission business,
and will commence actively about November Ist.
The firm of Messrs. George H. Marvin & Co., which snspended temporarily on the -jOth ult., we are pleased to state, has
resumed again, paying all their liabilities in full. Mr. Marvin
has been long and favorably known on the "street," and his
partner, Mr. Eiwin E. Perkins, has been a member in good standing of the New York Stock Exchange for a number of years.
str.iet,

—

—

— We

invite attention to the card of Messrs. H. VV. & J. H.
Farley, cotton factors and commission merchants, of this city.
The Messrs. Farley, who have for many years been identified with
cotton interests, give special personal attention to tbe purchase
and sale of future contracts for cotton, and also adv&nce on consignments, and conduct a general cjmmission business.

— The Union Pacific Railroad Company has declared a dividend
two per cent, on ihe capital stock of the company, payab'e on
and after Oct. 2, at the Union Trust Comoany, in New York, and
at the oiace of the Railroad Company, 44 Equitable Building, in
Boston. Transfer books close Sept 20 and re-open Oc:. 5.
The Western Union Telegraph Company has declared a
quarterly dividend of one and a half pur cent., payable at the
office of the Treasurer, Mr. R H. Rochester, on and after Oct. 16.
Transfer books close Sept. 20 and re-open Oct. 17.
of

—

—

The Dubuque & Sioux City Railroad Company has declared
a dividend of two per cent., payable at the banking-house of
Messrs. M. K. Jesup, Paton & Co., on and after Oct. 16. Transfer
books close Oct. 3 and re-open Oct. 17.
It affords us pleasure to announce that Mr.
B. Clerke,
who recently suspended, has notified the Stock Exchange that
prepired
pay
he is
to
all his liabililies in lull on presentation.

—

Wm.

.$39,«38i682

.

Sept.

—

For the purpose of facilitating their northern connections,
Messrs. Grinnan & Duvtl, the wellknown mercbants of Qalveston, Texas, have associated with them Mr. Alphonse Lauvn,
late cashier of the Texas Banking and Insurance (Company, and
have opened a New York house under the style ot Grinnan,
Duval & Co. The Srm will confine themselves strictly to a
general banking and commission business, for which they .have
special facilities, and in which they are specially worthy of confidence, as their transactions are made solely for their cuotomen,
and in no instance on their own account. Mr. Lauve is the resL
dent partner in this city.
Mr. C. W. Hassler has published in pamphlet form an essay
lately read by him before the American Social Science Association
at Saratoga on "Railroad Rings and their Relation to the Railroad
Question in this Country." Mr. Hassler has bad a wide experience in looking into the affaire of defaulted railroads, and in bis
spirited manner is undoubtedly well able to show up the u.ethod
in which " rings" are usually conducted.

$1567)00

Gold coin..
Gold coin

Havana
—Str. Cleopatra
— sir. City of New York. Havana

For wood & Co., whose card appears eliewhere
these columns, through their New York and New Orleans
bouses, transact a very extensive cotton business, and also execute
orders for future contracts in New York and Liverpool, and make
advances on consignments of cotton and other produce to their
Liverpool correspondents, Messrs. Leech, Harrison & Forwood.
Their extended connections also enable them to promptly execute
orders for merchandise in China, India and Singapore. Messrs.
Pim, Forwood & Cx are the agents here for the Atlas line of
steamships, and are the underwriters at New Orleans for the
British and Fore gn Marine Insurance Co. of Liverpool.
in

39,48 2,683

1869
1868
1367
1866

Sept. 7
Sept. 7

Total for the week
PreTlouBlT reported
Total since -Jan. 1. 1876
Same time in—

27,001)

1870

Mexico.. Vera Cruz

$2.5,000

14,000
90,000

..

of specie at this port during the

Sept.

coin..

SllverbHrs
Silver bars
Silver bars

Same time In

[

$02,450.073
42,171.412
41,241.39^

1R75
1874
1873

American gold

$.396,812

>-9

55
291,K13 40
461,772 67
814,966 28
2,176,315 46

l,576,^'4$

-Payments.Goid.
$72,699 81
258, SOS 13
175.615 20
78, ICO 15
610,5<3 49
121,39S 18

Currency.
$7.i8,294 48

680,436 63
873,.350 50
8.-;6,«!.3 64
4 40, .^60 27
384,962 07

THE

TKX.AS

$2,336,000
BaUnce, Sept. 8
Balance. Sept. 15

$1,717. -08 09 $5,7.58.609 15 $1,816,822 96 $3,974,463 59
35.f28,'.S8 14

3v,268..354

33

ii,7iS,Sli 25 34.032,«79 11

jBAJR]N^Np FIMNCIiL^
A FinsT-CLASS^mVESTMENT.
WESTERN NARROW-GUAQE R.4.ILWAY COMPANV

Is now oflfiTina:
The KinsT Hortoase Land Grant Sinking Fund Seven Per C«mt

Gold Bonds of

its

Road.

issned at the rate of only ton thousand dollar.^ ((10,000) per mile of completed
ruad. The line extends from the City of Houston, westward throujth L>grantre, Lockart, New Braunfels, San Antonio, to Presidio del Norte on the
Rio Grande, throuijh twenty-five populous counties, coraitrising the best portion of Texa", besides branches to other remunerative points.
The Stat3 of Texas has made a Land Grant to the road of sixteen (16) sections of lard per mile, or 10,240 acres to each, and every, mile of road bailt

and put In ruunlDg order.
The Bonds offered are a first and only lien upon the property of the Company, and are offered with a full conviction that no better eecarity has ever
been presented to those seeicing a safe investment, as the road i^ bjing built
at a time when iron, materials, etc., are fully 3) per cent cheaper than when
roads now running were buili.
The inter*'9t is payable semi-annually, January and July, at the Farmf ra*
Loan and Trust Company (I'ruslees of tne Bonds of the Company), In the
City of New York. To parties de?irin»; safe and profitable investment, these
bonds offer special inducements. Full pirticu'ars, maps, etc., may be had at
the Financial Agency of the Company in this city.
T. W. HOUSE,
WILLIAM BRADr,
President.
Financial Aeent,
23 William street. New York.

California Minino Stocks.—The following
nished by Messrs.

prices, by telegraph, are
36 Wall street, N. Y.:
Savage
Justice
18
Sierra Nev...
13
Kenluck
Silver Hill...
Mexican. ... 84
Union Conaol
Ophir
59
Ycl. Jacket
Overman
74
Ray'd & Hy. 8

Wm. W. Wakeman & Co

Alpha

Consol. Vir.
Crown Point,
Eureka Cons.
Caledonia
Gould & Cur.
8
California... 59
Hale & Norc.
ChorrPotosi 94
Imperial ...
Aesessment on Juttice $5 per share.
46
Belclicr
22
Best ais Belc. 47

,

I

I

—

&

Texas SEcuRiTiEs.-Messrs.
State 7s,gld

Total

ii7b

108

SIOJ

I

78.g30yrs 107

S109>i
93
§102
ioterosr.

1(^8,1884..
§

With

I

1

Forster, Ludlow
Co., 7 Wall at., quote:
State IDs. penǤ100
....
Dallas lOs . 80
6« of 1892.. jjSO
92X S. Ant'io lOB. 75
|

Austin IDs.... S

0(1

105

.

fur-

»
14

9
14
28

.

:

:

THE CHRONICLE

274

6aaltcc0'

€l)t
No

M

..

,

The range

©alette.

class of

[September 16, 1876.

in prices since Jan. 1, 1876, and the amount of
1, 1876, were as follows:

Since Jan. 1.
Amonnt sept i.
Lowest.
Highest.
Registered.
Coapon.
Sept. 4 123K Feb. 23{$19j, 643,350

.

National Biaks organiz'id daring

each

bonds outstanding Sept.

.

tlie

past week.

,

I

reg. 117
coup. 1171^
68, 1881
coup 112V4
68, 5-20S, 1865
6s, 5 20s, 186% new. .coup. 113
6b,

DIVIDENDS.
The foUowlne DlTidends have

recently beeii anDoanced

Whbk

fSH

COHPAHT.

oooks uu>sid

Ckkt. P'ablb. (Day» Inclaelve.)

Railroads.
Du!)aque afeSiunx City

Uai»u

Oct.

I"aciflc (qiiar.)

Oct.

luturance.
Jeff^ireon

|0n

FRIDAY. SEPT.

16 Oct. 3 to Oct. 16
2 Sept. 21 to Oct. 4

dem

1876-6 P. M.
Situation.
Tliere
Lave been no events of special importance tlie past week, and the
operations of the Syndicate and fluctuations of the stock market
have still been tlie piincipal topics of interest. The reports from
trade circles continue to be good, and the material improvement
which has taken placo in tbe dry goods and merchandise markets within a few weeks past has become the subject of common
15,

The KIoneT Market aad Financial

observation.
In our local money market tbe rate for call loans is scarcely
affected as yet by the advance in the season, and the common
quotation is 1^02^ per cent, according to the collaterals. The
choicest short-date commercial paper sells at 435 per cent.
The Bank of England weekly report on Thursday showed a
gain of £677,000, specie, the reserve being 03| per cent of the
liabilities, and the discount rate unchanged at 3 per cent.
The
Bank of France gained in the week 1,186,000 francs in specie.
The last statement of the New York City Clearing-House banks,
issued September 9, jhowed a decrease of $234,.525 in the excess
above their 25 per cent, legal reserve, the whole of such excess
being $22,540,025, against |22,774,550 the previous week.
The following table shows the changes from the previous
week and a comparison with 1875 and 1874
•.

-1876.-

1876.

1874.

„

Sept. 2.
Sept. 9.
Differences.
Sept. 11.
__^
Sspt. IS.
_.„..
Loans and dis. $256,821,500 $238,431,100 Ii;c.,$i,60r,600 S28J,<l'13,i00 $281 807 SOO
Specie
28,14.>.20n
22 778,400 Inc..
6i6,SO0
»,«8,200
I!),S63';tO
Circulation,..
14,608,S0O
11,171,200 Dec.
2)7,600
17,766,600
25,603 700
Net deposits.. 218,593,00^ 231,060,;00 Inc.. 2,«6,50O 2J2,60l,iOO S3r.88?,5U0
Legal lenders.
57,760,600
5-,52),00J De:.
251,600
69,135.200
65.3i5,900

United States Bondn.—There has been rather more firmness in government securities this week, in consequence of an
inclination on the part of holders not to sell out too hastily their
five-twenties of 1865 (new) and the later issues, and to wait for
further developments in the Syndicate negotiations. The first
move of tbe Syndicate appears to have been fairly successful, in
disposing of the $40,000,000 4i per cent, bonds taken by them
from the government, but whether or not the members of the
Syndicate took, directly or indirectly, any considerable amount
of the bonds for their own account is not yet precisely known.
But even those who look for success in the Syndicate negotiation
of the whole $300,000,000 of 4| per cents, anticipate that it will
take some time to place them, and, after that shall be done, the
sale of 4 per cent, bonds of the sort authorized by the existing
is, at least, quite uncertain.
For this reason the holders of
all the five-twenty bondf not to be reached by the present $300,000,000 of 4J per cents, have become somewhat firmer in their
views, and less inclined to throw iheir bonds on the market. The
following letter refers to the question of the deposit of 4J per
cent, bonds for national bank circulation in place of 5 and 6 per

1^

bonds now on deposit
Treasury op the United States, Washington,

cent,
;

Yours of the

4th.

a&kin»

if

,

The

Secretary of the Treasury issued another call, on the 12th
$10,000,000 of the five-twenties of 1865, old. May and
November inierest, which will fall due Dec. 12. The numbers
are as follows
COUPON BONDS.
$50— No. 601 to No. 650, both inclusive.
$100— No. 2,601 to No. P.600, both inclusive.
$60e-No. 9,701 to No. 16,0 J(i, both inclusive.
$1,000—No. 26,001 to No. 35,950, both inclusive.
inst., for

:

Total coupon,

registered BONDS.

$7,000,000

$100-No.

651 to No. 1,100, both inclusive.
'$.')0')-No. 1,031 1) No. 1,400, both inclusive.
Sl,000-No. 1,801 to No. 3,701', both inclusive.
$6,000— No. 1,65! to No. 2,300. both i jclueive.
$10,0CO-No. 2,101 to No. 3,100, both inclusive.
Total registered, $3,000,000.

Aggregate, $10,000,000.

CloBing prices daily have been as follows:
Sept. Sept.
Int. period.

reg.,Jan.

68.1881

&

11.

9.

July,*injJ

Sept.
la.

'my, *my,

"83i 118^;
,V^-V.-'=°'iP--T'"- *f",ly.,l'8>«
.called bonds. ..Jan. &July.*112X
...
1863.
reg..May &Nov.*ll,l 'US
lis'
1865,
.. coup.. May
Nov.*! 13
IISX 113
i. ..reg.. Jan. &,July. 'llSJi
1865,
113X 1135^
1865, n. ..coup..Jan.
July. I13K ll.'ia
1867,
rcg. Jan.
July. *1I6X *116)i*116Ji
1867. ....coup...ian. &July. 116?-. 116ji lt6Ji

^\^l\
bs, lf81...
6s, 5-208,
6s, 5-5CS,

68, 5-20B,
6e, S-iOs.
6e, 5-20B,
6h, 5-20S,
58, 6-20B, 1808

68,5-208,1863

.

0-408

Currency

!18,«

u

Sept
H,

Sept.
i,

*U7'4
*U8)i

*ll2'i *ll-'i/

112%
112;i
!!:)«

•Il8v4 *118iJ *il,SJi li8)l*ii8s<
115}4 116V4 *1;5!4 116>| »115!i
115^ 'llSJi MIS-;!
reg. Quarterly... . ]15>.' •115?.^ 115>ii 115Ji l!5?t
*115'i
coup,. Quarterly.... !!5>f »!15% ll.'i^i llSJi 115"4 US'.'
reg.. Jan.
July, •126>i •126'^ •116>i 126M
126X 126;1

reg..Mar.&Sept.»I15K

coup.. Mar.

& Sept. *lli«*l!6K

.

&

• This Jb the price bid; no laU

was made

at the Board.

cou,T. 118)4 Sept.
reg, l!45i Sept.
coup I15!i Sept.

lO-lOs
10-408

funded, 1:81.... coup

Cunency..

Me

)X Sept.

II

reg.

22;!i

4

124«June

16|

Jan.

61,245,100
93,801.95C
15,078,500
141,816,300

June
June

6 12314
4 124!4
4 119)4
5 1JI5£
6 119
5 !•«

'89!o88',6ao

115,2i7,000
141,418,000
216,817,800
22,393,300

3.5,33!, 650

Jiin.

Vkh.
Feb.
Feb.

sj'.reo'.ooo
22il,

174.400

297,319,760

M.623,512

State and Railroad Bonds—AmoDg State bonds the Tennessees have been scarcely as firm, on the payment of the
coupons, which began today.
Louisiana consols are about
steady. Virginia consols are firm.
The new funded bonds of
Alabama have sold at 33, and it is understood that some
$2,000,000 have now been issued in exchange for old bonds.
Railroad bonds, where they are not affected by the stock
market, continue stroag. The New Jersey Centralbonds have
declined still further, and even the old issue, quoted as "first
mortgHge new", sold to-day at 103J, although the amount of this
issue is only $5,000,000. It does not appear to be universally
known that the consolidated mortgage of this company includes
the convertible bonds in its provisions, as these have been Bellin^r
much below the consolidated.
The decline in stocks heretofore held as unqueslionably safe
investments, and the previous ehaking in railroad bonds, will
induce careful investors to select such bonds for purchase as are
secured by mortgage on property that would bo considered good
at any time, even under forced sale, for more than the face of the
bond.'".
The past few years have so severely tried the strength of
our leading railroads that, knowing the financial operations of
any given road during that time, it may not be a bad time at
present to form a tolerably correct estimate of its future capacity
to earn interest under the most adverse circunntancas.
Messrs. Adrian H. Muller & Son sold at auction:
28 shares Mercantile Fire Ins Co., 92.
50 shares National Broadway Bank, $23 each, 201.
30 shares Safe Deposit Co of New York, J25 each, 120.
$14,000 City of Savannah 7 per cent bonds, 74)4@75;i.

Closing prices of leading State and Railroad Bonds for three
past, and the range since Jan. 1, have been as follows:

weeks

Sept.

States.

Tennessee

Sept.

1.

-Range since Jan.

Sept.

S.

Lowest.

1.5.

•49
42
48>^ x41
*49
do
new
x41
401^
*!4
North Carolina 6s old
•13
•16
13
*75
•76
Virginia 6e, consol
•77
76)4
do
do 2d series... *3!!4 *M
*31% 33
Missouri 6s, long bonds
*10«
•107
•107
100
District of Columbia, 3-638 1924
72
71^ 7U« 66)4
6s,
6s,

old

1,

'76-^

Highest.

Mch. 28 51
Jan.

4

June

23

Jan. 2«
June 23
Jan. 3
Jan. 2i

Aug. 85
Aug. 31
Mch. 10

49
13
76)4 Jan. 29
46 ]< Feb. 26
108
lunelS
75
Mch. 14

Kailroads.

N

Central of
J. 1st consol. ..
98K 91
Central Pacific Ist. 6s, gold
110)/,
Chic. Burl. & Quincy consol. 78 111
•liO»£
Chic. & Northwest'n, cp., gold *9S«
fS
Chic. M. & St. P. cons. s. fd, 76 *89>i •8814
Chic. R. I. & Pdc. 1st, 78
•109
110
Erie Ist, 7s, extended
109>^
Lake Sh. & Mich. So.2d cons.cp •S9
*!t9,t
*! ly *100'4
Michigan Central, consol. 7s.
Morris & Essex, Istmort
*1I8
116
N. Y. Cen. & II ud. 1st, coup... 181H
Ohio & Miss., cons. sink, fund
»2/2 *nH
Pit'sb. Ft. Wayne & Chic. 1st. *121
•120
St. Louis A Iron Mt.. 1st mort
101
99
Union Pacific Ist. 68, gold
106^ loaji
sinking fund
do
x92^
ny.
.

no

sale

was made

71
104

767<

IV-k

. .

•111

Sept .15 112)4
Jan. 1! Ill
4 U2y,
Jan. 3. %5i
Jan. 3 93)4
Jan. 3 111)4
Jan. 28 115)4

Mcb. 3
Aug. 26
June 17

Apr.

7

Aug.

19 100

May

18

May

5 107

l07Ji Jan.

9i%

85V

89,'.'

79 X

•108 s<

108
•162"

imX
108
98
99

July 18

Jnne
June

19
14

Mch. 30

ma

Aug. 16
Mch. 4
710014 June 8
•120
114)4 Jan. 11 122'/, Aug. 21
VSh 93 Jan. 4 11I2>, July 7
ll;6',
Il2)i Jan.
4 106Ji Au£!. SG
87ai May 20 97 "< Feb. 21
91
•112)i 114
'HSU 119
•91 >« 92

at the

Jan.

4

May

9 123>i

Sept.

Board.

Ballroad and Miscellaneous Stocks. — The
has been feverish and irregular.

stock market
After the continued depreswas quite a

sion prevailing in the earl.v part of the week, tbere

sharp upward turn on Wednesday and Thursday, which was
shared by nearly the whole list, and this has been followed again
to-day by weakness, in which New Jersey Central was most conspicuous, and Slid down lo 20|, recovering to 22| at the close.
The figures from the Lake Shore report, which we quoted last
week, appear to be generally construed as favorable to the
company, and this stock has been about the strongest of the list.
To-day, the decline in New Jersey Central was assisted by various
rumors against the company among others, that it could not
negotiate the new bonds for $5,000,000, and that a receiver was
to be applied for
all of which was denied by the president.
The reaction in stocks on Thursday was partly accounted for by
a twist on the short interest, which, in all times of depression
like the present, is generally large, and is liable, at any time, to
be forced into a covering movement, with the result of a sharp
advance iu price?. The Western Union Telegraph statement for
the quarter ending Sept. 30 is a favorable ex'iibit, and on the
declaration of the 1| per cent quarterly dividend the stock has

—

—

been firmly held.
At the close to-day prices were generally strong,
of J to 1 per cent.
Total sales of the

*nix

*n2y,
•112S *1!8«
nsi llsS
*iny, I1.3J4 113^
*116« *!16Ji IWA
116^ *IltiX llU'yi
U^y, 118JJ *i!8i.J *118^

m^

....reg..Jan. &July.»113
coup.. Jan. &July.*ilS

If.
6s,
10-lOs
..
58, funded, 1881
58, funded, 1881...

«B

&
&
&

Sept.

*m% 'IITK
*mh 'IIS.H

Sept.

Aug. 30 118X Mch
Aug. 31 121 June

coup. 116X Sept.

5-20S, 1861
5-208, 1863.

* This is the price bid;

Sept. 6, 1676.
national bsnlts will be allowed to withdraw
Ucited States 5 per cent, and 6 per cent, bonds, and substitute an equal
amount of 4X per cent, bonds, withoui any oth r cjnditions, came duly to
hand. The exchange will bo allowtd.
A. N. Wyman, Treasurer United States.
„, „ ^
W. F. DAT, „
E^q President National New Haven Bank, Conn.

Sir

68,
68,
58,
58,
58,
6b,

1881

Sept.

"
'•

Pacific
Mail.
16,0J0

9..
11 ..
12...

"
"

n...

"

15

',550

.

Lake
Shore,
2t,>)00

40,000
28 130

in leading stocks

4.300
7.5)0

19,1 10

7,?.00

43,661

11.903

.58.693

.3,029

2!0i3

8,950
4,7.0

7,315

22,775

H,ti«J

l'',420

8!,4'iO

8,130
S,0JO

5-<.360

31,983

17,415

S5,6J3

...35,600
203,000

217 470
494,665

.

31.1

an advance

were as follows

West'n Central Mich Del. L.
Union, of N.J. CJent. &W.

3,800
6,203
2,000
0,05J

H

Total,.
Whole stock

week

at

62,215
51.174
7'>,0:'6

41,140

55,979 134,013 64,960 341,985
337,871 20j,250 187,382 -.iSS.SOO

The totil number of shares of stock outstanding
the last line, for the purpose of compirison.

:

St.Panl
Erie.
pref.
1,200
3,653
1.000
1,600

H,li5
2,>6i
3,600
9,825

1,400
2,613
8,730
3,800

31,6:8 16 693
cO.OJO 122,741
is

given in

..
.

.

September
The

i'3,

dally kigUest

and

Biturdsr,
Sept.

At. * Pac., prf
At. & P«c. Tel.
Central of N..I
C. Mil. & St. P.

do

•15
Kil-V

do

!(»

nw

Del.&H.(;anal
Dol. L. ft West
Krie ...
...
Hao. ftSt. Joa
do
pref.

18

LalceSliore...

N.T.Cen.&H.K

sa-^

U

nw

IIW

UV

mu

Mlaa...
.

aiK

I.M.&9.

St. L.

i>

St.l-.&K.O.pf
T. Wnb. * W..
West.

K.X

* Tills

WK

Wl<
•sav

United Statea.
Wells, FarKO

TU«

711 i<

•iir;

.

81

..

61

78!<
10?i

''l^
•10\f

lU

71

76«

78 «

75 ij

SI

•11

laX

iW

'"^

m

137
•85

saw

SI
ii»!f

im

10«
11

a)«

iiJj

m

74

IIV

lU

fft^

126

12*

21

137
86

137

86
53

54 y
4

MX

K

S9X 4IX

106X 106X
i'^ '!«

104 X 106X

40)i

6.'

TOM

S9s<
61
83

eo

18
•a

63

wx

70X 70X

•lUSH llOX •no

no

•

63

65

71
....

10'.)

61X

65

711,'

70J<
'109

59V 59V
61V 61!^
•S3
8iX

X

60'.^

62 X

3K
7IX
109 X
60 X

6X

83X 8SX

was made at tae Board.

gate

were $2 ,330,000.
table will show the course of gold, and operaQold Exchange Bank, each day of the past week:

The following
tions of the

Quotations

Op'n Low.;IIigh,Clo«.
Saturday, Sept. 9
• 11.
Monilay,

"
Wednesday, **
"
Thursday,
"
Friday,

Tuesday.

Current week.
Previous week
Jao.

l09;i loiji iiojiliio>i
iioj; nil
tU'H no
110
109^1 110
109«
lOJJi lovviiiox no
no no iiO}< no>i

12
13.

14.
13

iw>i

nOH no

no

109JW no>i
no
I09;i 109
113
109)4 115
•.09

.

Total sales this week, and the range ia prices siaca Jan. 1,

were as follows:

'-i

X

.

1 to date...

1

Exch«nxe.

....

64V;

SI

•83X

19

i'A

sax 59V
62 S 62H

•sax 83X

...

'i%
•63
70 «

2«

,

'11-8 <

60

•61K

61
83

128

128

180

18
28

^

63

60

Fall, and the success of the Syndicate in recently selling the 4^
per cent, bonds, encourages the idea that there will lie no extraThe borrowordinary demand for gold in the im.nediate future.
ing rates to-day were 2, 1} and 1 per cent. Loans were also made
flat and at 1 per cent, for carrying.
Custom receipts of the week

—

Total
loiai t/—
Balaneos
Di
,
I.
Clearings.
CnrrencT.
Oold
$!5,<S9.0dO'3l,757.422
l,S7B,08O
81,352,000 I,v81,7«9
51,9 0.03)
I,8W,,5S;
1,996,498
81,873,0
I,57J,'J8I
l,7a.77S
2\5«3,00U 1,8(1,3^5 2,019,912
SS, 1 69,000
1,022,000 1,127,030
I

12

ii^ asx

22H 22X

•126

130

275

•13X

...t

69;i

:

,

,,

•vx

63

M

. .

lOV

10

...

S2X

106

•sS

12)i
3i
187

•18

,

1.T

K

V

105

9V lOK

....

6';h
IfiX

•IK 63H

79

71

»H

.

ii'x

26

"1^ ?fx

11)9

OH

10

•

;

wn
MX

28)«

W 105H 10«X
•3ii
u»H 66U 65X TJ

•un
•

U ttie price bid and aaked

I5K

8)i

53),
41
106

•IS

6'<H

85

a
138
IS

32X 33K
67
67X
»7« S7X
«8H 62jr

KK

lUS

5JS SIX
39
40K
106
106X 106X
UH IIX 11 11«
aox '<!l)i
20X «)»

50«
39^

•a

38

KiK

•136

•138X 138

15«

29X

«n<
XIH
AIW

Sept.15

11.

I5X

•jn

3X

•3X

IS

'm

ITn. Tel.

American

6«1(
37
6IIV

1«<H lUOK

••>

•

Union Pacfnc.

Adama Exp...

3«

3

•13
•IB

.

IIBK

•3H
70
75

3iH
SIX

60V

Ittljj

.}^K

38 ><

Sept.

13.

•15

.J!J

65V
87

61

mU •m

iM
Quicksilver..

Ik
15K

M

U)'A

Sept.

Sept. ll

11.

15H n)<
3J!, 3SX
31X SIX
«5X
87« 37^'

19K WS(
1.17

51H
«IX

Mlelilffnn (_'ent

loirest prices Ua7e been as follows:
FrldaT,
Tuesdar, Wednos'r, ThursdaT,

Mondar
8opt.

—

:

,

THE CHRONICLK

J

l-i<i

m
HI

...

PaclfloMall

7H

7»V
loQ 10^

Harlem

Ohloft

61
.03 !<

III

C. It.
Col. Chic* I.C

IIL Central

3l»li

SiW
<a\ (WW
.17
xin

A North.
pref.
1. & Pac.

Chic.

9.

17

sm

pref.

1876

«

X

X

3

........

no

$11:1.943,000

no
no

l»7,:.8,',C0O

—Foreign exchange

3,m,i

3,351,900

has been weak, and on actual

sales to-day the prices were about 4 83^^4.83 for bankers' 60
days' sterling, the asking prices of le.iding drawers having been
reduced this mornins to 4.83^ and 4.83 for long and short sterThis decline stimulated the demand, and this
ling renpectively.
afternoon th"! tone was a shade firmer. The prospective rcjceipt
of cotton bills and the small demand for exchange are the chief
causes for the weak tone.
The quotations for foreign exchange are as follows
:

Sales

ofWk.
Shares
200
880

.

—

Jan.

1876, to date.

1,

Lowest.

,

Highest.
Jan, 31
May
2f,'
22
Feb. 24
.
134,01? •20% Sept. 15 103J4 Feb. 9
15,fO' 29
CliicaM Mil. & St. Paul
Au<. 31 46H Feb. Xn
do
pref... 16.092 61
May 5 84 >i Mch. 13
do
2,200 85>.i Sept. 5 45!4 Feb. IS
Chicago & Northwestern
4,Wtt 555i May
t,
do
do
pref...
67X Feb. 15
Chicaio Rock Island & Pacific.
9,880 lOlK Anr. 25;lllJi Feb. 16
Columbus Chic. & Ind. Cent....
100
S% Mch.2-> 654 Jan. 28
Delaware & Hud-on Canal
84.03 64 Sept. 13; 125 Jan. 13
Delaware Lack. & Westera
341,985 73>,' Sept 12 120X Jan. 3
Erie
81,«lti
8X Aug. 24! 2;i,'i Mch. 13
H&nnibal & St. Joseph
030 lOX Aug. 7 22»s Jan. 31
do
SO 18X Aug. 23 m)4 Jan. 81
do
pref
Harlem
690 130)4 Jan. 3 14)
Feb. 14
Illinois Central
135 8054 Sept. 5|l035i Mch. 13
Lake Shore
217,470 48JiSept. 5 68J4 Jan. 17
Michij'an Central
64,961 Ufi Sept. 5 65X Mch. 15
N. Y. Central A Utidson Elver.
2,2 iS 104!/, Sept. 7!ll7>f Feb. 15

Atlantic & Pacific pref
Atlantic &, Paclflc Telegraph
Central of New .Jersey

.

1

UH

1

Sept.

5|

Whole y'r.

— High
—
— Low.
1

7

1873.

.

Siii 18
17'^ 2:iH

&

Mis-^issippi

9,025
35,600

Pacific Mail

500
600

Panama
Ouicksilver
bt.Loais I. M'utain * South'n.
St. Louis Kan. City & North, pf.

100

200

& Western
Union Pacific
Western Union Telegraph
Toledo Wabash

2,90)
1,150

10

Aug.

16X Apr.
n/, Sept.
12ii

Sept. 6 140

12
Aug.
15
Jan.
2JJi Jan.

United States Express
Wells, Pareo & Co

6V/i May
85 101>iJan.
Jan.
S45 57
14J 58
Jan.
180 80K Jan.

.

1!

4'
71

% June
sn\ May

55,979

American Express

311 24 J4
lo; 39^
9' 18

1

12"^
15'1

3.iV4

30)4
87!5

20 X

KW

51>ij

80X

53

«2ii(

10i«

100

UV,

Jan. 17

iV)'/,

Mch.

.S2\
45'^

31
7>< 5,5
24 110!;f 172

May

Feb. 26

6fi Jan. 22
17
1, 80J< Jan. 31
Au?. 15
6 114
3 67
Feb. 14
26 76V July 10
7 91
Feb. 14

n

13
19

74X Jan.

33
87

X

2S
36
70?;f
5*8

45

1, to,

Jan.

1876.

A S. Fe.. Month of August
& Gt. West .Month of July...
& Pacific. ...Ist week of Aug.
Baltimore & Ohio*... Month of June..

Atch. Top.
Atlantic
Atlantic

Bur. C. Rap.

&

North. Montli of July...

Bar.&Mo Riv.inNeb.Monthof

July...

Lonis
3d week of Aug.
Canada Southern. .. 1st week of Sept.
Central Pacific
Month of Aug.
Chicago & Alton
1st week of Sept.
Chic. Burl. .It Quincv. Month of July..
Clue. Mil. & St. Paul..l-t week of Sept.
Chic. & Northwest. Month of June ..
Chic. R. I. & Pac ...Month of June...
Cin. Lafay. & Chic
Mont h of Aug
Clev. Mt. V. & Del. ..Month of July...
Denver* Rio Grande. 4th week of Aug
Hannibal & St. Jo ...Month of .July...
H ouston & Texas C 2 w'ks end. Aug. 18
Cairo

&, St.

,

.

.

.

.

.

.

.

Illinois Central
Month of August
Indiiinaj). Bi.
W.. .Ist week of Sept.
Int.
Gt. Northern.. Month of Aug. ..
Kansas Pacific
Mouth of J iily. .

&

&

&

liOuiST. Cin.
Lex. .Month of .Inly.
l/ouis. Pa
So. W( 8t Month of June.

Lonisvilie

&
&

.

.

Nashv.. Month of July...

Michigan Central
let week of Sept.
& Texas Month of Aug.
Mobile* Ohio
Month of July...
Hashv. Chatt. & St.L. Month of July.
Ohio & .Mississippi ..1st week of Sept.
Padncah * Memphis. Month of July ..

Mo. Kansas

.

.

.

Philadelphia & Erie Month of July.
St..L.A.&T.H.(brch8.)i8t week of Sept.
St. L, I. Mt. & South, ist wer'k of Sept.
81. L K. C.fc North'u.lst week of Sept.
St. L. & Southeastem.Month of Aui
St. Paul &S. City, &c..Month of July...
Tol Peoria .fe Warsaw 1 st week of Sept.
ITnion Pacific
.Month of June..
.

.

.

.

.

'

.

.

{;31,30C
818,811
2i,:500
1,31.3,012

1875,

1

Amsterdam

(guilders)

Hamburg (rfelchmarkf)

following statement sbowB
the condition of the Associated Banks of New York City for the
week ending at the commencement of business on Sept. 0, 1876:
-AVBBjiez AitoniiT or
Loans and
Legal

60

65

41
71

65!tf

92

to latest dale.

1876.

$152,215 $1,476,151
408.519
15,300
722,193

1875.

$841, M3

68M5i

New rork

70%883
2<)3,125

15y,;3l
754,274
10,9;i9,422

3,021,440
6,40H,214
5,031,543
5,709,05)
3,599,597

240,767
23),573
858,512
l,3;3),2a6

4,815,4il
828,1)75

741,523
l,7a5 126
615,301
2 54)i796
4,326,985
1,711,682
885,438
870,862
2,170.205
103,901
1,78^,208

Discounts.

|2,tXIO,OU0

l?,9T9.3:0
5 917,200

Manhattan Co

•J,l)50.00f

Merchants'
Mechanlca'

3,000,000
2,000,UO(
1,500,000
3,000,000
1,800,000
1,000,000

8,565.710
a,9!5.30C
•,l:iS,HM

i,oor.,'joo

s.ow.eoc

«00,(X)C

1,151,600

Union
America
Phranlx
City

Tradesmen's
Fulton
Chemical
Merchants' Rxch.

.

Mechanlcs&TraderB
Greenwich

Ward

State of N. York..
American Kxch'tje.

S.7S2,3C0
4,1121 ,S00

500,000

1.571.IJOO

1,000,000
422,700
2,000,000
450,000
412,500
1.000,000
1,000,000
500.000

Pacific

Kepublic

Chatham
People's

Sorlh America
Banover
Irving
Metropolitan
Citizens

l,«!C.(!0(I

Market
Klcbolas
Shoe and Leather.
Corn Exchange

!i,155.3:0

:L097.0JO
13,7:1.000

Inclndes Plttsbnrrh Division,

The Oold market—Gold has simply been steady, in the absence of any feature of importance.
The small demand for
exchange and the expectation of large exports of produce in the

2.«5.«00
4'J9.0O0

2,8i6.U00
291.200
SID.SUO
2.18-,9C0

t.^iMX

3,357.3'JO

«'.<0)

2,211.700

4(0,'D0
291.500
139.700
812,700
<:3,100
70-,2O0
e'o.coo

1,37-i.OOO

i.iXlOO

;,4I9.5J(I

10.1 'o.:co

7:6 6nc

3.K'I,«J0
9.559.500
2 O.'S.IOO

«o.ooe

2,836,100
l.;09.S00

275,000
5,900

492,000

2.011','iOU

;.'.69.0J0

'.,511,000

55.700
47.700

437,500

1.M8.OU0

21 8,S;e

1.9'24.1.0

SS3.5IM,
891. '200

I.93J.600
I.05S.9(0
5.991. OOO
i.73:.axi
2,615,4X1
l.'fS.HOC

76.7011

611.600
758,100

30,0

S'l.llX)

1

227.700

W.6'J0

1.750,800

16.!S7.«0

!I(«,41I0

3,552.300
3 343.700

16 -258.106

5,000,001,

15.793.4'JO

2,000,000

7,933.000
1,621,000

300,000

.....

J95.400
84.500
IS.UJO
134.000
j.sa)
166.900
C98.90P
«i«.?ao

1.756.'

5.100
163.5C0

811,100
7E5.)00
551.200

45.U0
295.000
2.470.1CO
8S«,IOO
49,000

2„"i01.7C0

2.1 9.50)1

t,7».W

2.7(«
2SS.8I«
80.000

6S",.300
S6f'.2j0

3 7:,5.101i
S.S82,700
!,2:5.0X'
I,;i7.200
12.032.300
93<,JU0
672,900

116.000
185,700

1.04.700
1.!«.500
7.9i5.IW

2.271.000

!0,SOO
133.6X-

4113(1)
46l.t0«

7i«,6;0

I.015,9JO
737,(00
457,200

2-'9.300

(57,800

1.'<27.41I0

624.6)10

!),931.6O0

••

....

i,;3i,4i»

700.000

2.IS6,40C
i,7Si,:oc
2.410.710

•

1.100

»,ooo

U,4.500

1,2:8.81)0

1

245 vy>
18O,U0S

4.(100

tsi.soo
1,'JOO

ssiw
483.2tO
60.(00
3 7.3W

'.6.678,100

3i 3.0,

SO.WlC

215.SOJ
273.100
171.1C0
102 .IOC

677,300
792.7(0

,,

f37.'200

es.soo

415.4;C
13S9'i,10«

...

2I.7U0
5,0IC
19,100
20.900
1.900
6)2.000

4.33«,6(H,

lOj.XO

1.793,000

Ml

COO

X

1,0

•M.aoa

7

,8"3.(

7 500

1,312.000
45.000
46.1H0
45,I1»
49.40U

00

1,50(1,CCC

:,S6 1.501'

19,9

'..743,9^0

5.:'4 7.5I)C

SOC.CO!)

6.1C3.200
5.1»6.3(0

7) .MX)
1,617.7C0
21,700

15,1(0

6 991,400

2,4a.)«0
I!i8.400

9;7,40O

90.0r4)

4W.0(i«
180,000

1,000.000

5OP,00C

1, 27".

,6(0

1,1

7,'8

.na

500,0(10

1,35!.10C

ISI.^JGO

3:3.iice

25O,r0C
200,00c

1.1' 8.11(0

3,1U0

235.0OO

i.'ai .100
9,19.900

l.l7i,310
2.791.400

S47.I1IO

l.IM.OOC

atl'.TOO

911.700

l.S»3,3'JO

6.800

'269,200

2.781.800
1.38S,100

1.000,000
1,000.000

m.'Ko

deviations from the returns of tte previous

week are

as

follows
Loans

Inc. t2,C07 en Net Depoaltt.
6.16,200 Circulation...
Inc.
251,6101
....aea.

.

liegal Tenders.,

The following are the totals
Loans.

Bnecle.

toe

10,

..

»49.'ri0.70)

15.72'".tllO

.lunc

17,

,.

24S.862.I00

.lunft 21.

.

248.97.1)0

9Sl,l>10
251 632.101)

15.918.210
14.900.4)0
18.2)1.8)0
•29 6
6 10
2! 411.1 10
20f8: tlO

SMI 9 « O'O
552.756 81)11

2n.l26.ll;«l

.7

.Jul? 1..

.

2M.-i-3.310

July

8..

.

25^6;3.3J0

.luly

13,

.

•.i52

July 2'.
Only 21,
Aug. 5
Aug. 12

.
.

,

Aii7. 19
An.'. '26.
Rept 2

Sept.

..Inc.
..Dec,

I

Specie.

1,69"',159

663,1193

l,!.M.20l)

na/lV

4,914,500
7.231.000
5,292.000
3,514.400
e.551JOfl
3.112,600
6,I«6,20C
1,866,800

6SSJU
U.2U0

1.1-13X1

361,4.59

D,52i,774

72.500
1J9.-D0
17.400
420,900
218.100
4 6,0
SI ,500

Clrcalatlon.

19 513.8 V

i;8.435.200 |253,43'..IO0 l2i,7:8.IOC 157.529,000 1131.069,500 tl(.37I.10O

Total

The

2,212,748

620,023
336,484

1.3.i9.60C

1.213.800
2.2;:. IOC

300,000
400,000
350,000
300.000

German American,
Dry Goods

iVl.'OO
ill.SCO
22.100
.2^,r00

2.7J1,':00

400.00(1

. .

89.200
29;.400
57.000
20,600

3,l6i.80U

1,500.000
8,000,000
500,000

—

l'.'4.700

l.S6ll,«00

300,000

Marine
Importers'* Trad'rs
Park
Mech. Bank'gAsBO.
Grocers'
North Klver
East River
Manufact'rs'A Mer.
Fourth National.
Central National...
Second National
Ninth National. ...
FlrstNatlonal
Thlril National
N.r.Natlonal Exch.
Tenth National
Bowery National ...
New York Co. Nat.

S0J.1O

11.700,001'

l.OOU.UOC
1.500,000

Oriental

1,230.300

992, SOU
9!l,800

J!.028,100
4.6)1,100
3.H"),JO0

I,0(10.00C
l.OOO.l'CO

St.

13 ,:kio
3:9.900

l.a3T,3i«
831,500
i.9;4,(0a
351,000
994.310

tOCCt'O
IJJWi.POO
l.OOO.OCO

tfassaa

l,iX'7,SO0

eu.ux)

1,500,000

1.(100,000

Mercantile

431.100

!,713,S«

l.lill.ScC

Net

Tenners. Deposits.
81.199,2(0
1,72), ICO

4.233,71)0

300,0OC
1,000.000

800,(0)
5,000,000
10,000,000

.

Cjommerce
Broadway

Specie.
»2.5-.3,-00

6 S66 200

6011,000

Leather Msnuf

Seventh

S..'5 .9.

200,000
600.000
300,000

Continental

1,51!),S47

6H2,4^8
73,218
132,9 3
11,364
.391,52)
49,8^8
16),.372
8,52i
7,6S0
32,760
27,391
1,117.522
1,689,000 1,553,014 11,257,166
107,469
109,069 3,257,112
814 175
M3,4«l 6,4'.-9,7,52
1,56,191
5,362,420
147.000
1,537, S53 l,05t.8!IO 5 858.i)01
659,196
618,067 3,3?5,435
33,908
32,743
84,772
2'll",786
27,581
12,a76
261.205
9,584
138,037
11:1,131
1,042,789
8',821
77,403 1,5.»,I«7
595,101
613.446 4,635,704
l,027,7t8
31,455
t6.33'.
8>,'81
79,467
721,278
234,022
292,462 1,.59''.079
95,603
79,79S
601.216
35,072
2 ",343
22;. 082
357,538
303,455 2,751,833
4,- 01,2)1
125,868
270,<)32
294,360
1,9:J6,506
93,9r2
950,9i2
10!,t01
!27,3:>5
116,054 1, 04.031
8:^,202
91,665 2,4:1,515
13,ii41
12,028
I19.0;e
3i2,Si7 i,Ra2,oiyr
255,238
10,176
337.161
8,333
91,501
f9,59:)
2,356,773
58,817
57,481 2,0:il,.'>07
1M,845
73,613
701,924
84,'i90
84,i!64
509.210
9114,597
33,01
:^l,6)0
1,130,314 1,012,531 6,641,9.23

Capital,

BA.MKa.

Butchers'&Drovers'

81

91K@ »»V

NewrYorK CItr Banks. —The

aallatlD.Katlonal..

and includiug, the report mentioned

-Latest earnings reported

Swiss (francs)

82 3i

The latest railroad earnings, and the totals from Jan. 1 to latest
dates, are given below.
The statement includes the gross earnings of ail railroads from which returns can be obtained.
The
columns under the heading " Jan. 1 to latest date" furnish the
gross earnings from Jan.
in the second column.

Documentary commeiclal
Pans (francs)

ii\'4

ma

3 days.
4.84 4.84
4.81
4 84
6 20

Prime bankers' sterling bills on London..
Good bankers* and prime commercial ....
Good commercial

127>i 13?

1

Feb.

67W
48S
62X

a
9V
110!^ 1>4
106 X 123

121

25!

40X

46
100x'l09?i

20Jt Feb. 25
28X Mch. 9

33

120

99X
2sy,
51
33 'i

,

Ohio

15.-

9.

,.
.

'27)307. BllO

..

253.331.401

.

2 4.41.1.410
255 K) Kin

.

253,43:,1

,.

1921S2W
91.IW)
19.871,400
at.'

20.916.1)00

22.142.200
22,T7S,40O

for a series of

Legal
Tenders.

Circua:n.:30.5')0
S03.«<'2.iW0

51.3)1.100
Bl.'78,4)0
5J.3H.-400

219.731.8)0

5')0

57 :«8 21)0
59 5-23.t0
60 3 W. jno
5^.68 1.2O0
5-.584.300
56 939.010
f 7 .781) 600
57.5 9,U03

237 000

weeks past

DeooBlts.

93 060 0)0
5t.S60 21O

51677

11,476,5(10

lation.

Aintregate
Cle)irlnn

15.«10.1I10

S.«,W7,JI2

]5.«4«.'nO
IS.fOI 5X1

827.S«1 .542

3305'4.109

370.W.7S6

15.5S).-20O
15.56 i.SKI
I,54l>,!lOO

;-28 62'..41J

2-;6,l79 «10

:5 -257 3)0
15 0))lJ)0
15 0O7 «

219,17<!S73
89 1. 9)9,6 ;9
31S.955 98!

V

15.j:9.<>00

Sl-a.334.S0J

-226.0(6,')OO
•2-.8.5119;'0

14.7M.6M

:«).4I9.1«3
a09|l4 47<
SI7.^'S.5)[

216,l'55.»)0

223.701.100
:2i.l«7.5'>0
2217,1,-)810
22.1

819

a-Jt.MS

I

1

«1

SJi.59).llB)

231,069,500

14,611.411
14.6 S.'OO
14,871,1)0

813.061.746

ai>8,5«3,7l

:

——

:

—

Boston Uanka. Below we give a statement of the Boston
National Banks, as returned to the Clearing House on Monday,
$;iO,IOU

Atlas

1.500,0

Blackstone
BostOD
BoTlston

2,0IH).0(IO

4,U9).700
2.10J.900
1,905.800
437,900
1.037.(00
2,Si7.300

200,1)00

Central

500,000
1.000.000

Colnmbian
Contmeatal
EUot

l,0Hi,U0J
:,000.000
400,000

Bverett
Faneull Hall

2.J0i,0(K)

2,5C6,100
:,02i.lOO
2.266,:0O

1,U(10.00J

Freeman's
Oiobe
Hamilton

800.000

1,561,'>0(I

1,0.10.000

2.(93.500
1,789 600
2,418,300
l.U3,i'oo
1,31^,100

760,000
1,000,000

Howard
Mannfacturera'

SCO.COO

Market
MassacUmettS
Maverick
Merchandise

8i'0,000

800,000
4fU.0„0
800.000
3,000,000
600,000
2OJ.C00
1 OOJ.OJO

Merchaots'
Metropolitan

Mount Vernon
England

2,03J..'(00

8,458,600
1,219,900
6,6J3,<00
726.-00
419.900
5,532,300
2,800,600

Nortto

!0(lO,l!00

Old Boston

900,000
1.000.000
I,OOP,000
2,000.000
1,600.000
600,000
2,tOJ,C00
750.000
l,COO.0OO
1,600.000
SOO.OOO
200,000
2.00! .COO
1.000,000
1,000,000
l.SOO.OCO
500.000
1,000.000
l,000.0Oa
1,000.000
1.500.000
2,000.000
200.000
l,fO0O;K)
1,500,000

Shawmnt
and Leather

Btete
SoflOlk
Traders'

Tremout
Washington
First

Second
Third

Fourth

Bank of Commerce
Bankof N.America....
Bank ol Redemption...
Bankof 'he Kf public.
Commonwealth
.

City

Bagle

Bxrhsnge
Hide and Leather
Kevere
Becnrlty
TInlon

/.

Webster
Total

Sppcte. L.T. Notes. Deposits.

»1.5(lO,.'00
£,15I.:(XJ

l.UCO.OCO
700,000

Broadway

The

13.300

»64.6JU

U.500

I4i,V00
2«O.30O

26.6'X)

fi.iOJ
14,100

19,580
4,*.0
68,900
il,100
25,700
6.SU0
10,400
33,100
11,500
24,100
96,700
33.200
8,800
164,300

l,78i,''00

3,769,200
4,015.100
1.233.3(10

.

2,107,iOC

5;.',;00

512,S0U
5i9.4ll0

1I5.V00
S;;',!00

741,800
^39,200
799.,'i)C

185,900
633.300
828.300
179,000
220,100
441,S00
150,300
45,000
45.000
354.500

1.555,600
1.779,200
939,900
4,22i.lOO
391,800
276,900
789,600
1,126 60>i
l.lS4,aOO
1,032.600

49-',i>00

119.50,1

1,740,700

45,000
112,500
6J9.;00
435.000
243.500
329.(00
794 900

1,3',2.'00

971,900
951,300
761.400
722.000

l,l'U2.,'i;xi

57-'.00O

390.700

SOi.OCO
1,576,200
868,300
111.700
1,761.800
731.810
789.800
926,C00
1,925,100
566.100

48.MOO
461900

6S6,2(;0

2(7.600

606.500
175,100
5511,100

45.0J0
4(.5&'
411. (»)

524.500
421.90)^
986.1(10

15.000
2.57,500
730.6a'i

72.1:1111

1,771,600
770,900
1,551,100
s24,JOO
919,300

27,500

377,iiOO

619.900
351.600

7,4S8,0OC

50,274,500

22,0.'2,S00

31,00

128,993.400

15!,0|10

B2,6(X)

267.100
11,700
25,000
27,900
15,100
373.000
13,800
6.100
40,£00
IS.EOO

811.200
10»,EOO

152,200
80,800
223,900
82.200
iSS.JoO
l74,Ooo
So.Uoo
9,9oo
499,3oo
25<,500
398,!00
169,Coo
426.000
J7,7io
lb2,"00
148,5jo
18S,200
237,"0O
6:, 600

..

2,256,700

SiS.WJ

47.300
40,600
48,000
9i,000
316.900
145.700
234,0oo

2.400
6,300

4,876,;(iU
9il.>tXl
2,5til,10C

M,im
10J,000
75,000
29,700

647,3;i0

....

418.11(10

l,281,0(;o

166.800
96.000

7.200
SJ,10O
55,900
67,100
39.800
28,900
7,!00
45,700
62,200
92.800
7.600
67.800
60,800
6I,S0O

l,9lli.l00

5i.350.0O0

9W00
69.700
97,S0O
89,S00
67,500
260,800

...

2,S67.800
3,7i6,9oo
3,715,200
3,877.5u0
1,277,000
3.251.70O

S0S.700
5.:4i,900
2.191.900
5,1CO,000
S.iSO.OtO
2.970.50O
1,^63,100
1,827,600
n.Oll.iOO
3,613,200

75.0CO
«),00O
56,500
lOi.iOO

...

l,U6l,-;iiO

1,7«.IKI0
755.800
745.800
161,9uO
49^,500
1,101.700
79i,700
7J5.nOO
54i,70U
1,120,900
542,600

111,31.0

....

»r«.iuo

9j;,900
SSd.OOO
lS(i.000

amount "due to other banks." nsper siatement of Sept. 11, is 124,718,900.
deviations from last week's returns are as follows:

Loans

li:crease.

Specie
L. Tender Notes

Increase.
Increase.

$30.S00
98.100
24'i,ltlO

;

i

Deposits
circu ation

Decrease.

$238,200

Increase.

22;,100

I

Tile following are the totals for a series of weeks past
^
Loans.
Soecle. LesatTenders. Denoslts. Circulation.
Date,
W0,0r."00
5'',28»,-00
2,0.6.'00
Ang.28
6,781,500
21,915.100
8ept.4
Sept.

11

12?.9'3.'0,1

2,011.00

7.214,600

128.933,100

2.107,110

7.1630O0

21,?02.7(I0

60.512,700
60,2:4,500

22,022,800

Banks.— The

PUIIadelpliia

following is the average condition of the Philadelpbia National Banks for the week preceding

Monday,

Sept. U.. 1876:
Total net

Banks.

MorthAmerlci

1,000.000
S.OOO 000

Commercial

810066

4,165,000
6."6-,-00
2,422,000

67.000
I69.SOO
34.00J

Mecliaulcs'
Bank of N. Liberties

600.000
500,00)

1,673,' 00
2,5()J,00(;

16.(i(0

Sonthwark
Kensington
Penn
Western

2'uOOC

1.48(1,433

4.311

2E0,000
600.000
«00,000
l,OOi,000

6,000
S,?0J
37,923

200,000
lOO.lOO

916,483
1.343,017
2,013,316
2,72',(TO
793.7r6
4,578,000
1,'63,(00
1,14^,564

City

400000

1,55(1,603

Commonwealth
Corn Exchange

260,000
500,000

747,000
1,863,0(»
1.513.000
<,8iJ.00P
910,00u
5i?,000
635,000
1,109,000

18,524
3,000
17.501
16,000
32,001
10,000

Farmers' and Mechanics'

MaunfacturersBank of Commerce
Qlrard
Tradesmen's
Consolidation

l50,0i'0

1,000000

Union

tOOOOO

First

1,000.000
800,000
150,(00
250,000
2:6,000
7tO,000
800,000
250.000
3C0,000

Third
BlXlh

Beventh
Eighth
Central

Bank

of Republic
Security....

Centennial
Total

16,493,000

inc.
Inc.

Specie

Legal-Tende' Notes

Dec.

The following

430,000
862.506
980.000

1,815.000
5,553,E00
2,013,000
1.181,100
2.272,000
1.501,155
594,i76
939,760
2,120,594
1.920,000
74S,"28
8,565.000

299,Cl.'0

i,!Sl,(J(0

176,1100

82»,936
1,152.652
170,'00
2,217.000
1,519,000
4,427,000
634,000
52!,0O0
Sii.OOO

270 000

8i.'.%000

....
....

331.566
406,241
103,000
925,000
407,000
),720,0O0
SSO.OOO
199,000
191,000
270,000
9C0.00O
667,000
251.000
346,000

61,;Sii,330

70i,353

17,371,560

6,600

539,'2fO

....
12.51(!

18,000
26,000
22.558

....

S.COO
....

4.6ln,(i00

70,000

1,*3",000
619,000

1,500

t6(il.2i6l
77,575
401,1221

21

6'.055.779

iS

W,170.123

636,923
599.687

6".«87.«01
6i.iSS.9SO

704.363

Sept,4
11

latloo.
»72«,00O
775,000
1,000,000
621,000
170.6.50

418.000
15f,5j3
222,213

-

20i,('00

213 350
635,000
172,175
517,000

9S9,C00

323.316
21S.00O
271,050
90,000
767.000
260,000
i35,C00
219.590
284,S35
520.000
6E0,000
179,000
45,000

52,872,321

10,112,232

9."3,000

3.591,0
1,022.0(0
('29.000

week are

Deoosl's

as follows
Dec.

Circulation

Inc.

$38, "37
60,566

are the totals for a series of weeks past:
Loans.
Specie. LeealTenders. DeDOfits, Clrculat'n

"Date.

Sept.

1,323,000
1,37:,000
9:7,000
S55.C0I
730,000
577.B<8
215,000
271,157

deviations from the returns of previous

Loans

Aug.
Aug.

Circu-

Capita'.
Loans. Specie. L. Tender. Deposits.
11,500000 »5.630,000 111 '.000 tl,96l',O00 »3,035,000

Philadelphia

The

\. IStc.

ftUOTATlONS IN

626.:M

IC.923,746
17.245,138
17.772.688
17,371,!6J

BOSTON. PHlUDKLPlllA

aSODRITIKB.

.

VarmoQt &Can.,now, 88
Vermont A Ma8R..lBtM. ^.'^S

51,729,693
52.911.053
62,67i,32:

10,05'i,498

10,051.66*
i0,112,23i

113

CITIES.

Cbesliire preferred

CliIcaao.Bur.

&

Sandusky
Concord
Cin.,

x

111

Clev. stock.

Connecticut River
Connecticut & Passampslc,
Eastern (Mass.)
105
116

40

Quincy

&

sr-^

6X

Eastern(New Hampshire)
Fuchburfj:

\ew York & N*>w England ...
Northern otNew Hampshire..

var

22
Si
107

,

iOii

101

.

—
—

WASHINGTOIV.

.

ma

.

Bl.

& W'msport.istm.

7b. '30.

CINCINNATI.

do 5s,perp

do

ItbacaA Athens

•80

Cincinnati 58

Harrisburg Ist mort.»fl,'83...
H &B.T.l8tmort.78,'90....
2d mort. 7s, '95...
do
3d m. cons. 78- 'S8
do
g.7B.'90'...

Cin. A Cov .Bridge stock, pre)
do reg.1898.. 103H
bonds, long.
do
do
7s, 1910 llUJl 111
Cln..Ham. A D., let M., ;, 80...
S9M
i9i'3
99X
con.m. 6s
2d M., 7, '85...
do
do
Uttle8chnylkiH.lstM.,7,1871
3d M., 8,77...
do
ii'
do
Norltiern Pnciflc7S-108. J900'.
106
Cln.. Ham. A Ind. 7b guar
NorthPenn. istm,6s,'85
Cln. A Indiana, ist M.,7
1U9X
2dm. 78, '96
do
do 2d M., 7,1877..
do
chattel M. 10s 1877 167"
do
CoInm.,A Xenla.lst M.,7, '90.
do gen.M.78, conp., 1903
Dayton A Mich., ist M.,7 81
OllCreeklstm.78 ,'82
2d M.,7, '84..
do
109)4
do
Penn* N. Y.C.&P. K 7S.96-1906. lOS
3d M.,7, '88..
do
do
Pennsylvania, ist M.,6,1880...
bds, 7, '81-'94.
To'do
dep.
m:i
do
coup
63
1910,
rto
gen. m.
Dayton A West., Ist M., 1S8I. ..
do gen. m., 68 reg., 1910 107H
l8t M,, 1905..
do
Jo
do cons, m. 6s, reg., 1905 100
1st M., 6, 1905.
90
do
do
Perkiomen ist m.68,'97
1(18
Ind.,Cin. ALaf.,l8tM.,7
Phila. & Erie 1st m. 6s, '81
(I.AC.) IstM., 7,1888
do
93i- 96
2dm. 78. '88
do
Little Miami, 6, 1883
Philadelphia & Beading 6b, '80 lOi'A
112
Cln, tiam. A Dayton stock.
do
7b, '93 110
do
Columbus & Xenla stock
deb. bonds, '93
do
Dayton A Mi chlgan stock ...
g.m.78,c. 1911 lOS'
do
8 p- c.Bt'kgnar
do
do reg, 1911 107 l0-.)5
do
Little Miami stock
new conv.78,:893 95
do
L,Oi;iSVII.LE.
do Coal ft I.Co m.,78.'92.'3
Louis vine 7b
Phila.. Wilm. & Bait. 6e. 18:4..

do
do
do

do
do
do

.

.

St.LoulB78,

Sunbury A Erie let m.7B,'77.
UaltedN. J. cms. m. 68, 91.
Warren &F. Ist m. i8,'a6.. ..
WeBtChester cons. 7s, '91. ..

West Jersey

ist

m.68,

'96

do
do
Western Penn. RK.68. 1593...
do 68Pb'96
do
78,1397...

ICiX
75

Jeff.,

109
102

special tax 68 of

so"'

91

60

70

.00

105

101
97
67
97

104

•100
i^
77
65
59
95
3^
9:

43

UO
99
99

90*
Bit

70
93
97
4C

9»
4ft

105
97)4 9g

!04

wm
96
96
96
?6

104
96
E6>,
96

X
S

16X
96 >4

96X

'I

.

70
do 2d.M,,7,
do 1st M., 7,1906.... 96

Louisv., Cin. A Lex.,pref

do
Louisville

71"'

n

Si

91

93
96)4
9S
96
96
93)4

95

St

.

do
common!
A Nashville

"l
4
25

'b"

i,oi;is.
Louis 6s,LongBond8
isiT.

97)4

* 108

•
Water 6s gold
do
do (new).*
do Bridge Approach g.6s"
"
do Renewal gold 6r
do Sewer g. 63 (duo'91.2-S)"

1:6

io

1910

do

6:

105)4
105
105
105
g. 68..' 105

31

LouisCo.hewPark

"

l';6

At

A Pacific guar, land grants

20

do

90.S

do

104K 104K

In default ol interest.

IC5
101 )i

110
'101
75
87

97
Loul8V.Loan,«.'81
do
99
L.ANash.lBtM.fm.fl.) 7, '77.,
MX
do Lon. Loan (m. 8.16. "Sf-'s:
96 )i
(Leb.Br.)6.'S«
do
do
1(4 H
do lBtM.(Leb.br.ex)7.'80-'85
98 X
do Lou.L'n(Leb.br.ex)6,'93 S3
do Consoi. ist M.,7, 1898.... 91M 92)4
Jefferson., Mad. A Ind

so'

Schuylkill Nav. Ist m.6s,'97..
do
2d m., 68, 190-

'

110
95

-.13

Mad i I,lstM.nAM)7, '81

LoniBV. C. A Lex., ist M.,7, '97.
lOulB.AFr'k.,lstM.,6,'70-'78..

OANAL BONDS

do
m. 6s. '95 ...
66, Imp.. '30..
do
do 68, beats car,1913
do 7s, baat&car.l9i5
scrip
do
Susqaehanna 8a, conp.. 1918

Wharf 68

do
do

107H

105
•90

%

Water 6s, '87 to '89.,
Water Stock 6b, '97,

do
do
do
do

Wllm.&Read.,l8tM.,1,1900'.
do 2d Mort. 1902
do

Delaware Division 6b, '78
Leh Igh Navigation 88, '3<
KU.'97...
do
deb.Ti...
do
conv., '82
do
conv., g.'94
do
gold. '97
do

.

Louisville 66, '82 to'87
6s, '97 to '98
do

lEOJ,

Shamokin V. & Pottsv.

78, 190:.
Steubenvllle* Indiana 7s. '84
Stony CreeK. iBt m., 7s, 1907..

85

•97
100
«9
do
HC8 no
7fl
do
110 415
7-S08
do
South'nKR. 7.306" ;05V
do
93
Ham.Co.,Ohlo«p.c.iongbds. •95
do 7p.c.,ito5yTs. "lii2 W4
do
do IgbdB,7 Af.SOs •105 108
do
vnii

Junction 1st mort. 6b, '82.. ..
1900...
do
2d
do
Lehigh Valley, 6s, con,, 1898.

Pennsylvania 68,

Rutland common
do
preferred

Vermont & Canada
Vermont A MassachnsettB
Worceoter & Nashna

int.

Morris, boat loan, re?., 18:5

Norwich A Worcester
ORdene. A L. Champlaln
do
do
pret..
aidColony
fort. Saco & PortB-mouth

BALTIDIORE.

Maryland 6?, delence, J. A J.
lis
do
6s. exempt. 1S87
111
lis
do
6s,ll<90, (juarterly.. 100
no
do cur. var..
do
do
90
100
5s, quarterly
»l, 10-15 1877-82. los'
•MX Baltimore
do
105
109
68, 1831, (juarterly.
18-'26. •*92 113
do
do
110
do
68,1336, J A J.
noH.
old,
reglst'd.
104\
rlilladelpbla Ss,
do
6s, 1890, qi
108 i< 109
do
UOH llOX
68, new
do
IPS
i(i»
do
68,Parlt-lb»o, (J—
Allegtaen; Conntv 58, conpon.
do
108
109
«8,i>93,'M.& S
Plttsburit 48, 1913
115
do
66. exempt, '93,M.A S 112
6b, 1913
do
0 iiox:
do
68, 190(1, J. « J
6b, uold, Tarlons
do
10
liOH
do
68,1902,
do
7a,Watei Ln. Tarlous 1(5
do
04 >j 106
Korlolk Watir,8B
7s, Street Imp.. '33-86 104>»
do
EAILBOAD 8TOCKB. Par.
New Jersey 6s, Exempts, var. 1(5
Bait. A Ohio-Stock
100 151^ 154
Camden Coanty 6s, various.... 102'
Wash. Branch. .K« 120 160
do
do
Camden City 6s
7
do
ParkerBburg Br. 5( 6
do
...
7s,
do
•.07K
30
50 29
Northern Central
do
Win
Delaware 6b,
e
3
50
Western Maryland
do
.... lOlH
Harrisb'arg City 6e,
50 35 )i
Central dhlo
5
\'i
Connellsville.
50
&
Pittsburgh
BAII.BOAD STOOEB.
BAILTIOAU BOND".
Camden & Atlantic
Bait.* Ohio 6s, 1S80, J.& J.... 103 1C4
pref.
do
50X
do
do
68, 1885. A. * O... 107
107X
iiX
CatawlsBa
N.W.Va.,8d M.(guar)'d5, J.&J. 1(0 106
pre!
40M
do
Plttsb. & Connellsv. 7b.'98, do lC35i 104
New
pref
do
Northern Central 68,1885, do 114). 105
Delaware & Bonnd Broolt
195
6a,i900,A.&O. 114
do
Bast Pennsylvania
do 6s,goltl,1900, J &J, IC2,M ICS
23
UlmlraA WllUamsport
Ohlo6", Ist M.,i890,M.&S, 10U>4 Ifl
Cen.
40
pref..
Blmlra& WllUamsport
W. Md. 6s, lstM.,(gr)'90,J.*J. 115 107
9
Huntingdon & Broad Top ..
10a
Ist M., Is90, J. A J.. i2
do
10
do pref. 5
do
107
do
2d M., (gu«r.) J.&J. 105
b;«
52
Valley
Leiiigh
102
1:0
M..
(pref.)
do
2d
46
43
Little Sohoyiklll
U'ly. 104
W.'
o.)J.&J
2dM.(gr.by
do
52)4 53
•••-,
Mlneliiil
do 68,30 M., (guar.) J.& J 105 107
5!
51.*t
Nesqnelionlng Valley
Mar. A Cin.7s, F. « A.,l&92.., 1!8H 109
102
Norrlstown
2d,M. A N
91
do
94X
50'
49
(6
Nortb Pennsylvania
3s,3d,J.AJ
6;:>i
do
*ih 46 «
Pennsylvania.......
Union PR., Ist guar.. J. A J. Ou
IE
16),
Pnllsclelphla 4 Brie
endorsed.. 93
Canton
do
44
4SX
Pmlftdelphlaft Reading
MISCKLLANE0V8.
PhUadelplila & Trenton
1C4
109
Baltimore Gas, certificates
puna.. Wllmln(f.& Baltimore. 6C' 138 >t People's Gas
21X 25
133>4
United N. J. CompanleB
CerUflcates
do
60
67
West Chester consoi. prel
West Jersey
District of Columbia.
OANAL BTOOKB.
inc
49« Perm. Imp.,6B,g, .l.*.J, 1891.
Delaware Division
100
76,159!
do
82
Uetlgli Navigation
lOU
Market Stock bonds, 7s. iS92.
Morris
ioo
WaterStock bonds 7s, 1901....
do pref
100
7s, 1908...
Navigation.
Scuaylklll
Wa^if'inffton.
pref
do
95
Ton year BondB. os, 1878
101
Fund. Loan (Cong ) 6 g, 1892..
BAlI.RO AD BONDS.
ICO
Fund. Loan (Leg). Cs.g. 1902..
102
Ailegneny^Val. 7. 3-^08.^89..,..
7B
Uern.ol Stock J1SS8) Se, at pleae
•
"
90
(1843)Ss,atpleat
inc. 7s end. '94..
do
90
Ches. A O.st'k (*47) 68, at pleas.
m,6,'77
Delaware.lst
Belvidere
Georgetown.
10-1
do
2d M.68,'86
do
GenerMfctock, 8s. 1881. ......
98
Sd M. 6s, '87
do
(Jo
do
63, at pleasure.
1C2S
Camaen & Amlioy. 68, '83
do
Pounty stock, 6s,
68, '89
do
Jo
do
Market Btiick, 68.
do mort. 68, '89. 1(IB'
do
Works—
Public
of
Board
19i'8 113
m,78,g.
let
Allan,
*
Cam.
CerB. Gen. Imp.88, 1874
2d do7s,c. 18*1 lOoX «6>i
do
93
1875
do
Cam. « Burlington Co. 68, '97.
93
1876
do
Catawissa, new 7«,. 1900
93
ISTJ
do
25
1901"
l8t
m.
K.7s,
Cayuga Lake
83
1878
do
Connecting 6s 1900-1904....^.
98
Series.
do
Dan.. H. & W ilia, 1st m.,7l!,'S7*
4U
Certlftcates, Sewer, 88,1874-77.
mort.6B,varloa8
D-laware
101
Certificates, 88, 1877,
Water
BastPenn.lst aiort.7s,'88

BTATK AND OITY BONDS.

82X
46"'

pf.

Manchester & Lawrence
103" Nashua & Lowell
91

SBOUBITIBB.

PHII.ADBLPHIA.

Penn»ylTania58, gold,

Pitts., Cln. ds

OTHER

STOCKS.
Boston & Albany Stock
1S3\
Boston * Lowell stock
Boston & Maine
97
Boston & Providence
I37X
Burlington & Mo. in Nebraska
37

Portland 68
Atch. & Topekalst m.Ts
laQdgt.TB
do

do
2d 78
land Inc. Via..
do
Boston & Albany 78
Boston & Maine 78
Burlington & Mo. Neb. Ss. 1S»4
do
do Neb. 88, 1883.
Eastern Mass., 78
lud. Cln. & Laf 7b, 1569
do
equipment IOb.
do
funded debt 7b
0;denabarg& LakeCta.SB
Old Col. & NewporlBd8,7, '77
Ra,tland,new 7b
Verm't Cen., let M.,con8.,7, '86
do iu Mort., 7,1391

10.863.627

8B0UB1TIBS.

BOSTON.

MalneSB
New Hampshire, 6b
Vertnont Sa.,
IflaecachueettsSs, Gold
BoatOD 6§, Currency
do Ss.Koia
Cblcago Sewerage 78
do
Maniclpal 7b

5;.0'i4,0O5

A.«iD

-lloutluued.

Clrcul.

t5l)S.lU0

total

The

Pif Iti.VUBLPHl

SIODBmZS.
Loeds,

Capital.

Banks.

gtaoe

[Sapte.nber 16, 1876.

Bt>!*TO'S,

Sept. 11. 1876:
AtlanUc

X

. ...

,

THE OHTtONICLR

276

Sew

M

X

.

'

And

c'y, 7s

2d

M

Interest.

1:

6

.. .

SeptemLer

I.

.

..
..

. ...
.. .

.

THE CHKONICLK

1876.]

16,

. ... .

.

.

2\7

GENERAL QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
U.

Bonds and

8.

Bid. Ask.

BIOCrRITtZB.

State
Alabama

Bonds.
118

98, :tia)
58, 18M
88. !fS6

do
do
do
do
88, M. db E. RR.
do
68, Ala. &Cb.R
88 of 18K ......
do
do
88 of 1893
Arkansas 68, funded
do 7b, L. li. & Ft. S. 1B«
do 7b, Memphis & L.K.
do 7a,L. R.P. B.&N.O
do 78, Miss. O. & K. K.
do 7s, Ark. Cent. RR...
Counectlcut 6s
Georgia ia
do
78, new bonds.
do
78, endorsed. ..
7s, trold bonds.
do
Illinois 68, conpon, 18Tr
do
do
1879...
do War loan

31W

10%

103«
101]

101!.

Louisiana 6s

new

41
41
41
41
41
41

57%

78,small

Jdlctalgan 6s, :g7»-79

do
do

(», 1883
78, 18J0
6s, due 1876..

.

ft

^4

do
do

.

.

M

gold, reg
IftiT
do coup.. !887.
do loan. ..1883

6e,
6s,
6s,
6s,
66,
SB,

...

U8

do do . 1891
do do
•en
do
do
.181)3....
North Carolina—

118
118

.

6e,old.

do
A.& O
N.C.ER
J.ft J....
do
.. ..A.* O...
do coup, off, J. & J..
'do do oft, A.& O.
866

act,

do
1868
bonds, J. & J
A. ,s o
do

New

16
15
80
60
40
40
8
7
6
6

Bpedal tax. Class 1
Class
do
do
Class 8
Ohio 6b, 1881
do 68,1886

106
118

Rhode

106

-j

Island 68

Bouth Carolina—
6b

Jan. & July
April & Oct

Funding

act, 1866

Land C.

1SS9,
1889,

LandC.

J,& J
A.

dt

O....

3J
sa
33
33
40
40

Is of 1888

Non-fundablc bonds ...
Tennessee 68, old
do
6s, new
do
66, new series.
Virglnla69° old

a-)

new

6e,
bonds, 1^6
do
68,
1867
66, consol. bonds
6b, ex matured coup.
68, consol., 2d series
6s, deferred bonds

25

77

Chicago & Alton
do
pref
Chic. Bur. & Qufncj

71«
78
71

New

Jersey Southern

do

i;4)t
S55i

&

40

.

Laf

151)iS

Ch., guar..
.

Rome & WaterlowQ

Louis Alton &T.H-...
do
do
pref.
Terre Haute & Ind'polls
Toledo Peoria & Warsaw.
Toledo Wab. & W., pref.
SI.

do

1st

m.

19C3

RR—

s.f., 1885

liSK
108^

90
66

P. Peak, 6', gold..
Paclnc L. G. 6s, gld

All intlc

ft
Atchison ft
Bur. ft

6«S<

MM
H

.

c...
7s....
83 .

i

,

i

Railroad Bonds.
)

i Jbany & Susq., iBt bonds
iA
do
3d
do
ist cons, gtiar.

.

.

.

.

Ft.

Dodge
"

Dutchess

Columbia

12

18

80

Erie

ft

Pittsburgh

1ft 7s

do
do

2d 78

48

14

230
89

Sd

Pitts., consol., s.f.

108^

&

do
St. L.

Alton

&

do
T.

2dm..

H.—

Alton&T.H., Istmort
do
do
Bellevine
Tol. Peoria

'id

..

.

mort., pref..

2dmort. Inc'me

& S. Ill.R.Ist m. 86
& Warsaw, E. D.
.

do
W. D..
do Bur. Div.
do 2d mort.
do consol. 7b
Tol. A Webash,Istm. extend.. 91H
'.stm.St.L. dtv.
do
2d mort
do
equlp't bonds.
Cn
do
do
do
do

Keokuk

do

July,' 15

.

stock....
ft

Charleston

do
do

I

Memphis

ft

Little

Ist 78.

Rock

do
Mississippi

15

..

Sd78...
stock..

MlBsAslppI Central
90
HO
80
95

76
40
40
89
00
8«

.

endorsed

Memphis
I

&

Montgomery

m.

1st

m 7s

Ist

.

.

2d m. 08...

Tenn.

do
ft

Ist

m.

7s.

consol. 8s.
P. Ist 88.

West

55
^-

Mont, ft Eufaula Ist Ss, g., end 25
Mobile 4 Ohio sterling
33
do
do ex certlf. 33

do
do

20

88, interest

2d mort. 88
Jacks. 1st
do
certlfs 83.
Nashville ft Chattanooga6fl.

N. Orleans

70
76
47
64
69

Norfolk

ft

m

ft

Petersburg

do
do
Northeastern,

ist

m. 8s
76

2dm. 88
S.

C,

1st

m.

88.

2d m. 8s.
Alexandria, Ists, 68.

do

Orange ft
do
do
do
RIchm'd ft Petersb'g

ido"

IOO

Rich. Fre'kBb'g

60

ft

2ds,6e..
SdB,8s..
4th8,8s.

m.

iBt

Poto.

68..

78.
.

do conv. 7.
do
Danv. ist consol. 6s..
Southwest RR., Ga., Ist m
S. Carolina BR. 1st m. .6, new
Cb
do
7b
do
slock
do
West Alabama Sii. guar
Rich,

.

do

9B
SS
100

stock

ft
ft

do
do

iib"
85
Des Moines l^t 7s.
funded Int. 8s 92« 95
do
85
do
pref stock... 30
L. Ont. Shore RR. 1st m. g. 7e.
Lake Sup. ft Miss. <st 78, gold. 20

do

80

& Col. 78, guar
do
is. certlf..
Brunswick end. :b.
Augusta boads

Greenville

Macon
Macon

60
25
12

10
28
4S
70
80
10
28
50
90
41
78
15
40
40
90
80

Georgia RR. 7s

6.S

ft

PAST DOE COUPONS.

I

Tennessee State coupons
South Carolina consol
Virginia coupons
consol. coup
do
59*<
90
40

75
80

do
do guar...
Carolina Central let m. 68, g. ..
Central Georgia consol. m. 78.
do
stock
Charlotte Col. ft A. 1st M. 78.
do
do
stock
Charleston & Savannah 68, end
Savannah & Char. 1st M. 78
Cheraw & Darlington 7s
East Tenn ft Georgia 68
East Tenn. ft Va. 6b end. Tenn
E. Tenn. Va. ft Ga. Ist m.78...
do
do
stock

ft

Leav. Atch.ft N. W. 7s, guar.
Leav. Law. ft Gal. Ist m., lOs..
Logans. Craw, ft S. W. 8s, gld.
.Michigan .\lr Lme 88
Montlcello ft P. Jervis 78, gld.
Montelalr :st Tb, gold
Mo. Kan.&Tex."8.gld,Aiig.'76

98
8S
88

2d mort. 7a ...
Atlantic ft Gulf, consol
do
end.Savan'h.
do
stock

11

.

"...

do

60
12
10

Kal. Alleghan. ft G. R. 88, gr
Kansas City & Cameron 10s
Kan. C. St. Jo. and C.B. 8s of '85
do
8* of "98
do

W
90

6fl.

68
68

Ala. ft Chatt. lstui.es, end
Ala.ft Tenn. Riv. Ist mort 76..

.

.

to railroads,

78
es
80
90
8»
SO
45
4*
40
40
30
80
88
40
48
SS
35
SU
36

HAILROADfer

1

105

m.

199

Richmond

I

do
6s,gldtJune&Dec
do
6s, do Feb. ft Aug
do
78, ',8:6, laud grant
do
78, Leaven, br'nch
Incomes, No. 11.
do
do
do
No. 16.
do
Stock
Kalamazoo ft South H. 88, gr,

',

consol. 68

bonds, 78
gld. 7s, quarterly

Savannah 78, old
do
7s, new
Wilmington, K. C, 6s, gold...!
do
88, gold

WH
75

'.et 7^8,
is,

I

88

new

do
Norfolk 68
Petersburg

EvansvIUe Hen. ft Nashv.iS... 35
Evansvllle, T. H. ft Chic. 78. g.l 75
Flint Pere M. 78, Land grant... 77
Ind.

...

Orleans Ss

do
do
do
do

equip

Ts,

',

old

68,
68,

do

New

26

7s

87
66

'

Lynchburg 68
Macon 78, bonds
Memphis old bonds, 68
do
new bonds, 68
do
end., .M. ft c. RK

Montgomery

Ist fs.

Denver Pacific 7s, gold
77
Denver & Rio Grande 78, gold. 55
EvansvIUe ft Crawf ordBV., 78.
95

ft

.

Columbia, S. C, 6s
Columbus, Oa., 7b, bonds

Nashville

.

Det. Hlllsd-ale ft In. KR. 88 ...
Detroit ft Bay City Ss, guar
Oct. Lans. & Lake M. 1st m. ds
do
2d m. 8s.

88

Angnsta.Ga., 7b, bonds
Charleston stock 68
Charleston. S. C, 7e, F. L. bd6.

Mobllefjs (coups, on)
do 8s (coups, on)

I

4th mort
104>»
Ind. C, l8t mort
do
do
2d raort
Rome Watert'n & Og., con. 1st
98«
St. L. & Iron Mountain, 1st m.

pref.

Cnmberland Coal & Iron.
Maryland Coal
PennRylvanla Coal ..'.'.'.', 800

l*i-iceH

m.

34
53
95
10»

Atlanta, Ga., 78.....

25
»0

Nebraska, Sp.
Klv., land

88
49
98
108
100
104

lU8ofl88l
pension
OITIJBS.
1^8.

108

82H

ft

6s.

fB, 1892
78, gold

do
Atchison

Grand K^ft

2dm..

do
do
do

Ill«

JFortW., Jack8on&Sag.8s....[ 69

Chic. Istm.

do
do

do

& Hudson Cau'l
Md

Spring .Mouulaln Coal....

&

W. &

Col. Chic.

Im. Co.

Mariposa L.& M.Co
do
„ do

Texas State

RAILROADS.

'
Des Moines &

103
103
100
lUO

STATES.

110
115
105
106

^^

Cleve.

District Telegraph...
Canton Co., Balllinore. ...

do
do
do

Yonkers Water, due

guir.. jl05
guir.
llOM
do
1st L.G.'B...
do Ban Joaquin branch
do
IsteiL. G. 78 58
do Cal. & Oregon ist
94H Grand River Valley 88, st m. 82
Hou?.& Texas C. Ist "s, gold., 88
do State Aid bonds
73
do Land Grant bonds..
do
consol. bds.
Western Pacific bonds. ... 101 ioijft Indlanap. ft Vincen. 1st 78, gr.. 78
Iowa Falls ft Sioux Cist 7s... 90
Union Pacific, ist mort. b'ds
75
do
Land grants, is.; ^H'.i" 1049i Indianapolis ft St. Louis 7s
Houston ft Gt. North, let 78, g. 70
do
Sinfcluglund...)
17«
International (.Texas) iBtg...
Atlantic & Pacific land gr.
T^ii
Int. H. ft G. N. conv. 8s
Bouth Pac. RR. bds. ol Mo 67
94« Jackson Lans. & Sag. 8s of 85. 65
Pacific R. of Mo., Istmort...
Kansas Pac. '>s extension, gold
do
2d mort
83M 84
flo
Income, 7s.
do
7s, land grant, gld
'8, do
new, gld
do
IstCarou'tB
do

do
do

Am.

Stock ExcliiUHjH

2d m.,

consolidated. . .
2d do
Ist spring, div..

Pitta. Ft.

nisvel'ons Stocks.
Delaware

bd3., '93.

70

iIirokern' QunUilio/iS.)

Alabama new consols
South Carolina new consol.

100
109
113
104
106
110
108
106

I

Soatbem Securities,

7.30s

1.308

Mo.

78

conBol. 78

6b, 18SS

7b,

do
do
do

Penn.

Warren

American Coal
Consolldat'n C oal of

100
100
loeji

,

.

.

&

ioe
706
106

'85..

.

do
special.
Saratoga

Cent. N.J. Land

due

St. L. ft I. .Ml.

101

ioo
100
99

Pacific RailroadsCentral Pacific gold bonds..

Morris & Essex
Missouri Kansas & Texas.
New Jersey Southern
H. Y. New Haven & Hart.
Ohio & Mlsslss'pnl pref

W. &

Toledo

118

,

iBltfnd

do

do

I

120}i
Harlem, l8t mort. 7s, conp.
do
7b, reg,...
do
ii7
North Missouri, lat mort
Ohio & Miss., consol. sink. fd. 91«

Erlepref

Rensselaer

7s, sewerage
7b, water
78, river Improvement
7b, various

Hartford 6a
Ind lanaitolls

96..

lOs

St.L. ft So'eaatem l6t 78, gold
Ark. Br.) Ts, g.
Southern Central of N. V. 78..
Union ft LoganHport .6
Union Pacllic, So. branch, ttjr
Walklll Valley let 76, gold.
We8t Wlsconeln 78, gold. .
Wl6con8ln Valley 8s
Mercant. Trust real est. mort.76

107
113

,

.

6s, 1887
do
do
68, real estate.,
6s, BubBcrlption
do
do & Hudson, st m., coup
do
do
St m.. reg..

Hudson R.

Sl«

Jollet& Chicago

Pitts. Ft.

CITIES.
JJ. v., 68

Cleveland 7»
Detroit Water Works 78
Elizabeth City, due N,").

mort.

do
do
8 p. c.
Sandnsky M«n6. ft Newark 76
St. Loula VandalU ft T. H. Ut
do
Vd, guar

Buffalo Water and Park
Chicago 6», long dates

do
do
do
do

Sioux t-lty ft Paclnc «8.
Southern Minn, construe.

do
76
St. Jo. ft C. Bl. I6t

(.Broken' Quotaitont.)

Albany,

17«

.

102)s

Liat.

.

105)i

Cleve. Col. Cln. & I.
Cleve. & Pittsburg, guar..

Long

macellaneous

!

100

105

.

_

.

I

Susquebauua. ..

City.

Long Island Rli., l>t mort.
South Bide, L. 1., 1st m. boad«.
do
sink. fund...
Western Union Tel., IWIO.conp
do
do
reg...

Long Island City
«>
Newark City 7b
:::
do
Water7s
73
77
llOJ^jlllW Oswego
Poughkeepsle Water
ICO
Rochester City Water
106M
lOOIft

108
107

do
1884
do
1877
do coup. 76, 1894
do
reg. 7, 189J

i^

N. Y. Central

tAoHveprt^KVufilu qtioVd.)

&

do
do
do
do

i

Central Paclflc

I)ubnqae& Sioux

UndBon Canal, iBt m.,'9:

ft

,

.

Railroad Stocks.

Indlanap. CIo.

100

,

1

&

100
108

Del.

be.

Bid. A(K.

Mo. Kan. ft Tex. :a. gld .July, "4
Mo. It. Ft. ». ft Gulf 181 m. 1U8.
do
do
Vd m. lOs
JJ. Haven MIddlet'n ft W. 78.
N.J. Midland Ist 76, gold
do
2d 76
New Jer6Ry ft N. Y. ». gold...
N. r. ft Osw.Mld. :8( ,8, gold.
L,
2d 76, conv.
, do
iNorth. Pac. :6t m. gld. 7 3-10 ..
Omaha ft Southwestern RR. 36
Osw<?go A Rome 78. guar
Peoria Peklu ft J. Ist mort...
Peoria ft Rock 1.78, gold
Port Huron ft L. .M. .», g. itnd.
Pullmau Palace Oar Co. Block,
do
bds., 88, 4th series
Rockf li. I. ft St. L. 1st 7b, gld
Kondout ft (jBwego Ts, gold..

I

110
108
do
do
do
Sd S., do
108
loa
do 2dmort.,7fl, 1879
do
4thS.,do8i.... 108
101%
do 8d do 7s, 1863
do
5thS..do8s.... 108
loa
do 4th do 7b, 180....
do
6thS.,do83.... 10«
tf9
loa
Bur. C. R. ft M. (M. dlv.) g. 78. 28
30
do 5th do 78,1888
do 78, cons., mort., gold bde
Cairo & p'ulton, lat 78, gold.
75
73
105J4
do Long_Dock bonds
90
California Pac. RR., 78, gold
86
91
Buff. N. Y. & E, iBt. m., 1877..
68, '.jdm.g.
70
do
do
do
large bds.
54
Canada Southern, Istm
53
Han. & St. Jo., land grants
do
with Int. certlfs
77
107'
8s, conv. raort,
do
Central Pacific, 7s, gold, conv. 1&'
Illinois Central—
Central of Iowa Ist m. 7s, gold, 33
35
Dubuque & Sioux Clty.lstm.
do
do
2dm., Tb, gold
do
do
Keokuk ft St. Paul 88 .. ~
2d dlv
101
.!§ ISl
Cedar F. & Minn., Ist mort.
Carthage ft Bur. 88
Indlanap. Bl. & W., Istmort..
Dixon Peorlaft Han. 8b.
101
do
O. O. ft Pox K. Valley 8s
do
ad mort.
105
— iuu
Lake ShoreQulncy & Warsaw 8s. ..
"105
Mich. So. 7i). c. 2d mort.... 103J4 1?4H Illinois Grand Trunk
r!:";105
110
Mich S. & N. Ind.. B.F., 7 p.c.
Chic. Dub. ft Minn. 88 ...iSM' >»
111
Cleve. & Tol. sinking fund
Peoria ft Hannibal R. Ss.. L;
101
Chicago & Iowa H. 88 ...Is'
do
new bonds ....
89
Cleve. F'vllle & A8h„'oldbd8
American C^entral 8s
104
Jo
do
Chic. & S'thwestern 78, guar.. 88
do
new bds.
Bttflalo & Erie, new bonds
Chesapeake ft 0.2d m., gold 7s
8
103
Buffalo & State Line "s..
Chicago Clinton & Dub. 8s. ... 20
Kalamazoo & W. Pfeeon, Ist
Chic. & Can. South :stm.g. 78. 27M
i04H
Lake Shore Dlv. bonds
Ch. D. ft v., I. dlv., Istm. g. 7s. 44
Cons. coup., lat. 107
Chic. Danv. ft VIncen's 78, gld 17
do
do
Cons, reg., ist.. 106M
Col. ft Hock V. Ist 7s, 30 yeara. 95
445i
102>^
Cons, coup., 2d..
do
do
Ist 78, 10 years, 97
44}»
100
do
Cons, reg., 2d
do
2d 78, 20 years..
Marietta & Cln. Istmort... .. 108M
Connecticut Valley 78
lOS
Mich. Cent., consol. 7b, 1902
Connecticut Western lst7s...
45
do
I8tm.88. .882, s.f. 116H
Chicago & Mich. Lake Shore
Dan.
Urb. Bl. ft
do
equipment bonds.
"
" P. Ist m. 78, g. 40
Eric, let mort.,

67M 68
31« 84

..

DlBtrlct of CalumbIa3.66B.
do
small..
do
registered

Albany

I

construction,
78, of )871 ...
iBt con. guar,

extended
endorsed

65

,

J.& J

Funding

do
do
do

i)8

aiotlBITKS.

Wabash, con. convert...

ft

Hannibal ft Naples, ist mort
Great Western, Ist m., 1888.. 9IM
oo
mort., laas.
Qulncy ft Toledo, 1st m..'W..
IlllnuN ft .So. Iowa, l«t mort
Lafayette Bl'n ft .Ml,.., '.Bt m
Han. ft Cent. Missouri, IBtm 80
Pekin LInc'ln ft Dec't'r.lBt ra
Boston ft N. V. Air Line, Ut
Cln. Lafayette ft Chic, 1st m

par may

w/iateier the

va'.ue,

Bid. Ask.

m

116

7b

Iowa Midland, ^st mort. 88...
..
Galena & Chicago Extended
do
18T7
!^
Peninsula 1st mort., conv...
do
1378.. ..
lOlH
Chic. &. Milwaukee, ist mort
Long bonds, due *32-'30. 107 107«
Winona & St. Peters, let m...
Funding, due 18il-5.
do
^d mort.
Asylujn or Un.,due 189^.
Has. & St. Jos., due 1886.
107W C. C. C. & Ind'B IBt m. 78, S. F..
do
consol. m. bonds
do
do I8J7,
Del. Lock. & Western,
m.
New York Statedo
7s, conv,
do
Bounty Loan,reg...... 1«2«
Morris & Essex, tst.m
do
cojin
1084
do
2d mort
6s, Canal Loan, 1877.. .. lis
bonds, 1900...
IIB
do
do
1878
68,
Dlasourl

per cent

a

Bl
do
cou.conv.
WIlkeB B.con.gnar
Am. Dock ft Improve, bonds
Ch.MIl. ftSt. P. stm.88, P.D.
Mm. 7 3 10, do
do
do
103
de
do
7b, gold,H.l>.
IBtTsX do
do
do
do
do
iBtm., La CD.
do
do
iBtm., I.ft M.D.
do
do
• Btm., I. ft D..
do
do
iBtm., H. &D.
do
do
Istm., C. &M.. «8H
89
do
iBt m., consol..
do
do
do
2d m.
do
Chic. * N. Western sink, f und.' lO?.
[l^J^
do
int. bonds.
d»
do
do
consol. bdB ^^14
do
ext'n bdB..
do
do
do
let mort... 108
do
do
cp.gtd.bds. 95
94
do
reg. do
do

1«1

6s.
6&. floating debt
76, Penitentiary
6s, levee
Ss, do
86, du 1875
8s, of 1910
78, consolidated

do consol. m.

do
Lehigh

100

Kentucky 6s

Tol.

1

lib'
Chicago, Rk. Island ft Pacific,
8. F. Inc. 66, '»5 {o"S« ...
do
lOSJi 105
Central of N. J., Ist m., new.
70
do
do
l6t consol...

Ul
lW)li

.

Boston Hartf. & Erie. Ist morl 18«
do
guar ..
do
Bur. C. Rapids & Minn., at 7s,g si
1««
CheBapeake & Ohio 6s, 1st m
do
ex coup
Chicago & Alton Blnklng fund.
do
Istmort

do

t/ie

SEOtJKITISS.

.

29

Prices rep resent

BXOCBITIBB,

do
Income...
Joltet& Chicago, iBtmort.
LoulBlAna ft Mo., Ist m., guar
St. Louis Jack.A Chic, Ist m.
Chic. Bur. ft Q. s p. c, l8t m

108

.

do
do
de
do
do
do
do
do
do

qu oted on a p retiouapage.

active Railroad Stocks are

I

6-*l,

Memphis City Coupons

84
54
18
OS
85
60
90
60
90
32
33
35
28

10

13

89
70
80

98
75
90
9S
88
88
)«
85
87
75
7S

«o
90
100
100
71
loe

90
oO
40
e
98
57
87
SO
87
5»

,

'

(THE CHRONICLE

278

3

[S.ptember

are reduced by the amounts received for interest,
balance, after such deductions, is shown.

nD£0tment0

The following

The " Investors' Suppieraent" is published on the last Saturday
of each month, and furnished to all regfular sabRcribera of the
ChbONICLE. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular

:

subscribers.

1874.

Passenger receipts
Merchandise receipts
Coalrecelpts
Miscellaneous receipts

GENERAL INVESTMENT NEWS.
—

Atlantic Mississippi & Oliio. In the United States Circuit
Court, at Uichniond, Va., Sept. 13, an order was entered instructing the receivers of the Atlantic Mississippi & Obio Railroad to
exercise their best judgment in relation to redeeming certain
securities of the company, hvpothecated as collaterals for loans
advanced prior to the appointment of receivers provided, however,
they shall not increase the debts in question, or change the character thereof.
Tlie receivers were also authorized for the extension or continuance of the loans for which the bonds stand
pledged.
;

Atlantic

&

I'acillc.

—The sale of this road, in foreclosure, took

St. l^'uis, Sept. 8.

The

sale included 293 miles of road

from Pacific City, Mo., 37 miles west of St. Louis, southwest to
the boundary line, wiih all the equipment and appurtenances of
the road. The land grant was sold as a separate parcel. The
foreclosure was of the second mortgage, and the sale was made
subject to the first mortgage, executed by the South Pacific Com
p*ny, under which bonds to the amount of $7,197,500 are outBtauding, also to certain claims, either passed upon by the court or
now in litigation, to meet which the purchasers are required to
of the purchase money with the court. The road
F. Buckley for $450,000, and the land grant to
the same parly for $50,000. Mr. Buckley represents the paity
which has heretofore controlled the road.
The purchasers met in St. Louis, Sept. 11, and organized a new
company under the name of the St. Louis & San Francisco Railroad Company, and it is said that they will purchase the Atlantic
& Pacific Railroad, and construct 37 miles of track between Pacific
City and St. Louis, so as to give the company a continuous line
between the termini of the road. The directors for the ensuing
year are Andrew Pierce, Jr., Joseph Seligman, James D. Fisk,
J. P. Robinson, W. H. Coffin, James Baker, Samuel Hayes, C. B.
Fisk, W. F. Buckley, Thomas A. Pierce, C. W. Rogers, and
Henry F. Verhuven.
The sale did not include the 28 miles of the road in the Indian
Territory, from Seneca to Viuita, known at the Central Divi=ioD,
which is covered by a separate mortgage for $1,190,000. It is
understood, however, that the new company has arranged for the
use of this section of the line with the holders of the bonds.

depofit part

was

sold to

W.

—

Central of New Jersey. The official statement of this company, addressed to its stockholders, has the fjllowing:
The following is a statement of the assets of the company,
taktn from the books, and given in round numbers :
Railr.iad, 58) miles, single track
York stations (up town and
Jersey City station
Port .Tuhnston coal station
Elizibeihport station

New

$13,7C0,0OJ
3T0.0OO

down town)

1.316,oeO
8r:t,0."0

4^0. fDO

Slation-honses, shops, &c
Fer y Inttrertaand Doats

815,010
tlO.i,OO0

Engines

3,000,100

Passensjer and ba»?age cars
Freii;htcars

1,080,COD

l,nl.'),OOI)

Coril ca-8

4,3.!0,CO)
670.01)0

Lsnd accounts

& Willcesbarre Coil Company's stock
do
do
bonds
American D ck & Improvement Co. stock
New York & Lonp; Branch FR. Co
High Bridge and Long *ood Valley RR. Co."s

Lebigh

Machinery, toos, telegraph,
Rni s. chairs, spikes, &c
Materitiis

and

Lehigh Coal
Central

S-T'CCO
4,781.000
3,0f 0.000
1,700.00)
1,129,000

&c

4':2,00)

490,0
303,000
910,000

Inel

&

Navigation Co., construction account

New Jers/v L»nd Improvement Co

American Dock
Sundry Assets
Cash

&

Improvement Co

75!.00'J

400,(00
504,00
173,000

..

•

(48,630,000

To

represent these assets the ledger shows:

Capital stock
Mortgage bonds, due 1890
Convertible bonds

$;0,600,nM)
5,0[)0.000

4,400,0(0

Consolidated mortgage bonds

H.ISO.OOO

Newark Branch bonds
Lehigh Coal A Nav. Co. loan, due 18*1
Riilruad 3ir Trust, of Philadelphia
Intercut on Iwr.d'iaccrael, not vet due
Accoants payable

600,000
2,310.090
a63.(KiO
j,

366 00)
911,000
$46,630,000

The bonis issued l>y the Cantral Riilroad Co., it will be seen,
amount to $3^,000,000; the bonds of other companies assumed by
them amounting to $3,573,000. They also pay the interest on
the American Dock & Improvement Co. bonds— $3,000,000. They
have

also guaranteed the payment of the $15,000,000 Consolidated Mortgage Loan of the Lehigh & Wilkesbarre Coal Co.,
$5,000,000 of which bonds are owned by the Central Company.
The annual interest on bonds of

The Central Railroad Co. is
Interest on bonds assumed
Interest on American Djcli boads
In the

and only the

a statement of receipts, expenses and net earnings of the company for 1874, 1875 and' 8 months of 1876 the last
being partly estimated. It will be remembered that 1375 was
the year of the greit coal strike, which reduced the receipts very
materially.
The present year had been confidently expected to
be a season of great activity, as was staled in the last annual
report; instead of which it has been, until recently, one of unprecedented depression in every part of the community
is

;

STATE. CITY AND CORPORATION FINANCES.

place in

16, 1876.

$1,750,030
18''),

I'.O

310,000

annual reports, the amounts charged to interest account

1875

Net earnings....

Mob

1876.

$l,i'J8,ll8

$1,104000

l.-H7,ll:)

gO.'.OOO

4,416,13!
18',!65

2,3r:,0(M
10J,0;0

$%4ll,<i3J
4,1«8,7!7

$4,3-S6,000
4,514,000

$0,282,90)

$1,792,000

$;,5S9,H30

Operating expenses

8

9i3

1,591,501
5,3*),B77
117,46)

$l,.'il3

4,14i,601

$4,419,0

!i)

_

As compared with the first eight months of 187o, the receipts
show an incTease of $153,00), the expanses a decrease of $32,000
and the net earnings an increase of $4S 1,000.

The passenger busiueas is the iargejt the company has ever
had. Tlie merchandise freight has felt the general de,)r«3ion,
but has been equal to expectation. The coal business ha) beea
*
*
«
very dull and depressed.
During the past 12 months the Long Branch Riilroid has been
opened to the public, and there has been a gradual and most gratifying increase in its business. It extends also 17 miles south of
Long Branch to Sea Girt, through a fine country which is be'ng
rapidly' developed.
It is evident that this road will take care of
itself.
I' is leased at sevea per cent by this company, and the
interest paid on the stock held by the public (1,800 shares) Is
$33,600. There is no mortgag:) on the road.
fbe " new line" between Philadelphia and New York, of which
this road between Bound Brook and New York is a part, is also
in succe.ssful operation and growing in cublie favor.
The Higti Bridge & Longwood Valley Railroad has been
recently built by this compaay mainlf as an ore road, extending
from High Bridge through German Valley. All the stock is held
by this company. This road also is without mortgiga.
Many inquiries have been made about the terms ot the lease of
the Lohigli & Sufquehannah Riilroad and branches. The conhas been eminently satisfactory to both companies, and is
very valuable to this company. Th^owneri of the road receive
one-third of the gross receipts, while the Central receives the
remaining two-thirds for maintaining the road (other than construction), and for furnishing the equipment. The rent, therefore,
varies with the amount of business done.
The $3,310,000 bonds
assumed ara for oars and engines bought of that company.
The L'ihigh Canal and Ddlawara Division Canal are operated
at a fixed rate aiuouating to $3^3,103 per annum, and arj so
operated in order to prevent the complications which be'ore
arose.
This year, so far, there has baen a loss ot $117,000. This
is not likely to occur in the future.
The South Branch Riilroad is a valuable spur running from
Somerville to Flemington, leased at six per cent. Annual rental,
$30,298.
The Newark & New York Railroad is a portion of the Central,
and included in its cos'. Its business is included in the general
tract

return.

The Newark & Elizvbeth Branch

is also a portion of the
included as above.
Tlie roa
between Elizabeth
and Penh Amboy. terminating at the Ririt&n River Bridge, Is
also included ds above.
The equipment of the road and branclies is large and complete,
and in excellent condition. * * *
Under the charter of the American Dock and Improvement
Company, the stock of which is entirely owned by the Central,
the lands, and lands under water, south of Jersey City are held.
They comprise the lands surrounding the North Bisin, between
Jersey City and the station grounds of the company, and also
the lands, and lands under water, lying south of the station
grounds and extending to Cavan Point. The total area belonging
to the Dock Company is 1.000 acres, and the water-front belonging to the two companies is about two miles and a half in extent.
The coitpany has issued bonds to the amount of $3,000,000,
guaranteed by the Central, and entitled to the security of any
mortgage given on the property. The capital stock is now
$3,000,000, as $1,500,000 of advances for improvements have been
recently capitaliz'sd. There is a balance of $400,000 due the
Central on open account. There is no other indebtednoes. The
amount expended by the Central upon this property, including
wharves, bulkheads, filling, &c,, will probably amount to $6,000,000.
It is difficult to estimate the value of the property, but it is
very creat and it is the cnly unoccupied water-front near Jersey City. Though much of the property may remain unimproved for some time, its value in the future is assured.
All the coal interests of the Central Railroad Company are
united iu the Lehigh and Wilksbarre Coal Company, of which
they hold a controlling interest. The coai properties of the
Lehigh Coal and Navigation Company also passed entirely, by
purchase or pel petual lease, into the possession of the Wilkesbirre Compiny, which became thereby one of the largest coal
owners and producers in the anthracite region.
The laud?, united as above in the bauds of the Lehigh and
Wilkesbarre Coal Company form, perhaps, the finest body of
coal lands under one control in the anthracite region.
They
have been carefully selected with a view to compactness, and lie
together in solid bodies, requiring the least amount of lateral
roads and the minimum of transportation to a market. Care has
been taken to select first-class properties for purchase in prefer-

Central, and

;

is

I

—
September

THE CHRONICl-E

16, 187C.]

ence to lower-priced lands with a smaller body of coal to the
la varijtjr of qualities they are aUo
aire, or of inferior grades.
unrivalled, varyiojr from the freeburnia)): anthracite of the
Wyominsr Valley, to the dense coal of the Summit' mines of the
Lehigh Company, which has no rival in its advdntages lor blast
farnaceEi, &c where intense heat Is required.
The properties are well opened and equipped. At the Summit
mines of the I.iebij;h Company there was a necessity for additional openings and breakers, to supply the increasing demand
for that coal, which improvements have been completed.
Tbe following ia a statement of the coal properties of this com,

pany

:

Coal lands.

Wilkcsbarre lands, owned

3,875 acres

Ncwporl and Uanovor lands, owned
Plrmonth lands, owned
Wilkesbarre lands, teased

Plymouth

leased
Hor.ey Brook landc, owned
Lebl>;h and Ureenwood lands, leased
Timber lauds, owned
landi),

Total.

6,''jti0

'*

1,210
1,515
1,080

*•

8,^'95

6.9S5

'*

"

"
"
"

il,77i)acrcs.

.

45,975 acres.

$22,437,028 22

Coiilonhand
Bills and accounts receivable
Royalties on coal paid In advan'C
Maintaining mines during strike, eztinguishlugfire

1,759,503 90
I6s),44i) 79
17I.aM 00

I,01i»,4)8

in mine,

03

), 086.814

10

l,18--,0tiO

41

and
58
9J,61S 30

otiierloisea

1,25J),971

Cilh

$59,770,119 41

This

represented by

is

:

Capital slock issued
Sterlin:? loan
Consolid.iU'd morteage loan
Bonds a-id morr^figes
Lehigh Coal & Nav. Co. gold loM (assamed)
Lehigh Coal & Nav. Co. cunv. gold loan (assumed)
Bonds or old companies
Bills

and accounts payable

;

$^,T0O,CO0 00
l.tiSu.ono 00
9,908,0(0 00
1.0^4 109 tWi
500,0.0 CO
781,0CO OO
EOlOfO 00
6,e05,009 "i

$29,770,119 41

The item

of 11,353,971 53 being the losses in business of the
L. & W. Coal Co , during the last three years, has, in a great degree, been occasioned by the necessity the Company was under ot
keeping the miners ready to resume work at the termination of
the strike that continued for six months, and also the expenditure
of $400,000 in the extingaishraent of a fire in the mines.
The Wilkesbarre Company have wharves, coal pockets and
dumping grounds at several important places in the East, and
from these places their coal is distributed through the Baslern
markets. Some of these are owned in fee, while others are
leased. The cost, when owned, is included in the exhibit already

made
Tbe indebtedness

leased lines were operated at a loss aggregating about
$1,400,000 for the past three years. The profits on coal for that
period were about $3,200,000, showing a net gain of $800,000.
The directors claim that the stock is worth considerably over par
on their books, placing the coal lands at a fair valuation. The
officers insist that there is nothing to warrant the late decliae in
the stock, and that the company i> in a position to do a very prosperous business as soon as there shall be a general revival of
trade.
With respect to the New York & Canada line It appears
that the road cost $9,000,000, and there were issued by th» N. T.
& C. Co. $4,000,000 of per cent bonds and $4,000,000 of stock,
and all of the latter has been taken and is held by the Delaware
& Hudson. The latter pay $240,000 interest on the bonds of the
New York & Canada road, and this year they will receive from
tbe net earnings of the line about half this amount, or $120,000.
Louisville & Nashville.— The following comparative statement of earnings and expensea for the years ending June 30, ia
issued
1872-a

as stated abore, is represent ed

Personal properly, boats, barges, live stock, railroad equipment, &c
Matcria's
Bonds and stocks

The

:

There are on these properties 37 slopes and 13 shafts, making
50 openings in all, which supply 39 breakers. The present
capacity of production is 4,000,000 tons, which can be aug*
*
» *
mented largely whenever the market demands.
The Central own two-thirds of the stock of this company, besides $5,000,000 of its bonds, and controls its operations, but it is
worked as an entirely independent company, with a separate
organizition,and the Central is only responsible for such liabilities as it assumes.
The property of the company,
byacostof

279

Gross rarnlnKS
Operating ezpesses

6.106,061
4,«2a,004

1878-4.
5,510,695
8,946,813

1871-5.
4,8«8,673
3,:8l,T4a

3,998,5W

NeteaiElngs

1,44,047

1,B8},38'2

1,682,181

l,96:,9«0

The above

report shows that while there has been a corataot
decrease in gross earnings down to 1875, there has been a steady
increase in the net earnings.
In comparing the years 1872-3 with
1875-0 we find the net earnings to be nearly $5()0 000 more, and
the gross earnings nearly $1,200,000 less, and this result is more
remarkable when the fact is mentioned that the rates upon the
company's traffic in 1875 7C averaged 25 per cent less than they
did in 1872-3.

New York anil New England.— In Barnard antT others, assignees, against Hart and others, trustees, the United States Circuit Court has decided that the mortgage known as the Berdell
mortgage of the Boston Hirtford & Erie Railroad covered tbe
lease and all^leasehold interest in the Norwich & Worcester road
which the Bjston Hartford & Erie Company acquired by its lease
of that road.
Both the trustees under the mortgage and the
assignees in bauKruptcy claim to hold the lease, although, by
agreement between the parties, the trustees operated the road
until the

New York & New England Company wa«

served, a-nounts to
and accounts receivable, $1,680,814 10, leaves $4,928,195 05.
The Central is liable as iodorser for about $3,030,000 ot this
amount, and has also loanrd large amounts of its Lehigh and
Wilkesbarre bouds, to be used as collateral for other portions
ot it.
In order to afford relief from this indebtedness, the Central
Railroad Company have made a mortgage for $5,000,000, covering
their entire property, subject to tbe lien of the existing mortgages,
amounting to $25,000,000; and further to secure the said $5,000,000
have hypothecated $1,500,000 of the stock of the Long Branch
K.R. Co. $SOO,OJO of the stock of the High Bridge R.R. Co.
$200,000 of the stock of the Longwood Valley RR. Co. (on these
roads there are no incumbrances, and stock has only been issued
to represent the money actuilly paid in the construction of the
roads); and as further security have hypothecated $3,0C'0,000 of
the stock of the American Djck and Improvement Company
which property, it is estimated, has cost the Central RR. Co.
$6,000,000, and is subject to a lien of $3,000,000; also $6,600,000
of the stock of the Lehigh & Wilkesbarre Coal Co., subject to the
liens hereinbefore stated.
As security that the value of the saiJ
stock will not be impaired by the creation of indebtedness or by
liens being placed on the property, the stock will be delivered to
the trustees named in the mortgage, simultaneously with the
mortgage and as a still further security for the siid loan the
mortgage covers seven ferry-boats, subject to the lien of tbe first
mortgage, which boats are estimated worth, in the aggregate,
$500,000. The bonds representing this loan of $5,000,000 the
Company propose to use in relif'f of its prpsent and future re*
*
»
*
*
quirements.
;

;

;

;

Delaware & Hudson Cansl.

—

The Journal of Commerce says
prepared by tne officers of the DeU
ware & Hudson Canal Co., exhibiting the financial condition of
the corporation and intenfied for the inspection of such of the
stockholders as may be anxious respecting tbe safety of their
property. It is not propoFed by the directors to publish tbe exhibit in the newspapers, but it appears that the company had a
turplus, alter paying the last dividend in August, ol about $750,000.
that a statement has be.n

formed, and

that company has worked it since. The Court now holds that tbe
Berdell mortgage was intended to cover all property to be acquired
after the date of execution, and the Norwich & Worcester lease,
being executed after the mortgage, was included in it and is part
of the property covered by it. M. R. Gazette.

Ogdensbnr^ and Laiie Cliamplain.— It is said that the Central
Vermont Company has made default in its monthly payments of
the rental due this company, and that negotiations are in progress
for a modification of the contract and a reduction of the rental.
Pacifle Railroad of Missouri. It is stated that Commodore

—

C. K. Garrison will take charge of the re-organization of this road
in behalf of the third mortgage bundholders, and that prior to
the sale he made an agreement with St. Louis County that if

the county court should agree by an official action, on its part,
within thirty days after confirmation of the sale to take mortgage
bonds of the new corporation, in substitution for its present claim
and the interest accrued thereon, then we will make tbe said new
mortgage sufficiently large (the amount not to exceed $5,000,000)
to cover not only the present third mortgage bonds held by ue,
but also the county's claim of $700,000.

—

&

Wilkesbarre Company, it will be ob
$0,615,009 75. Deducting from this the bills
of the

1875-8.
4.961,490

Texas
Pacific. The following notice is issued by the
" An assessment has been levied upon the subscribed
treasurer
capital of the Texas & Pacific Railway Company, payable co the
treasurer ot the company, at its office in the City of x'hiladclpbia,
as folio -vs Twenty per cent, Ojt. 5 ; 23 per cent, Oct. 25 ; 25 per
:

:

cent, Nov. 15.
" An interest account, equalizing the payment of subscriptions,
will be made up to the due dale of the last instalment, Nov. 26,
per 3ent per annum."
1876, at the rate of
Arrangements are being made to extend the main line from

Fort Worth, Texas, west about thirty miles to Weatherford, and
said that work will soon be begun.

it is

—

U. S. Government Securities. Messrs. Fiek & Hatch have
issued a circular, under date of September 7, to answer the
important questions asked by so many
Sluil we exchange the Oovernment Bones we now hold for the
:

New Pour and a-Ualf Per

Cent Bonds f
What Government Bonds shall we but/ for new investment f
The rapid decline in most of the issues of
The circular says
Government bonds, which has followed the announcement of the
ommencc^ment of a negotiation of tbe four and a half per cent
bonds by tbe combined Syndicate of American and European
:

'

bankers, has excited general attention, and led many to suppose
that tbe sale of tha new bonds necessarily involves the early
calling in for redemption and % consequent depreciation in value
»
*
*
of all the older i.'sues."
A few facts and figures and a little reflection may help many
to estimate more correctly the lelative values of the various
issues, and to form a more satisfactory judgment as to how tbe
foregoing questions should be answered
:

THE

FACTS.
The amount of the four-and-a-half per cent bonds authorized by

law

is itl300,000,00;).

of the five-twenties of 1865, old (May and Novemis $150,558,650.
Tbe amount of tbe five twenties of 1865, new (Jannary and
The five-twenties are called
Julv), outstanding, is $202,603,100.
in for redemption only in the order of their issue, and only as the
new bonds are sold. The five-twentieii, when called in, draw
interest for three months after the da.e at which thty are called.

The amount

ber),

outstanding,

:

THE CHRONICLR

280

It will be seen that ^150,000,000 of the fouranda-half per cent
bonds must be sold before the old sixty-fives can be all called in,
and before any of the now sixty fives can be disturbed; and that
the sale of the entire amount of the four anda-half percent bonds
authorized by law will still leave f53, 000,000 of the new
sixty-fives outstanding, and all the five-twentiss of 18G7 and 1863
undisturbed. The six per cent, bonds of 1881 are not payable
absolutely in 1831, as is (generally supposed, but are reduemable
at the option of the Government after June 30, 18S1, except one
issue of $18,415,000, under the act of February 8, 1861, which are
payable December 31, 1880. They cannot be called in for redemption before the date above mentioned, and may run several years

longer.

The

per cent, bonds of 1881 are also not absolutely payable
in 1881, but redeemable at the option of the Government after
that date. These bonds and the ten-forties, being five per cent,
bonds, will not be disturbed until all the six per cent, bonds have
beon redeemed or funded, except, perhaps, the currency sixes,
^vhich are not redeemable until 1895 to 18&9; and as there are
now outstanding; $981,999,650 in six per cent, bonds, exclupive of
the currency sixes, it is hardly worthwhile, in estimating the
value of the five per cent, issues for investment, to assume any
possibility of their redemption in less than fifteen to twenty
years, while it is not unlikely that the ten-forties may run to
their full maturity in 1904.
The amount of jfour-and-a-balf per cent, bonds actually purchased by the syndicate in their recent negotiation with the
Secretary of the Treasury was $40,000,000, witli an option to take
the remiinder, or any part, at any time prior to March 1, 1877.
This will involve the calling in of only $40,000,000 of the Old
five

eSs (including the two Cills for $10,000,000 each, made September
1 and September 6), until the Syndicate are prepared to actually
purchase a further amount of the four-and-a-half per cent
bonds. * * *

THE PR0BABILITIE8.
In view of the fores;oing, it is probable that the negotiation of
the first $150,000,000 of the four-and-a half per cent bonds,
and the calling in and redemption of the first $150,000,000 of
the old sixty-fives, supposing the negotiation to be fairly successful, may be accomplished in from a year to a year and a half.
It is probable that the negotiation of the remaining $150,000,000
of four-and-a-half per cent bonds, and the calling in of a
like amount of the new 65s, commencing, say, some time in 1878,
will occupy from one to two years thereafter. » » *
It may, therefore, be assumed as probable, that the old sixtyfives will draw interest for from three months (the time for
which those already called in must be allowed to run) to eighteen
months. That the new sixty-fives will run for from one and
a half to three and a half years. That the sixty-sevens and
sixty-eights, which cannot be called in until a negotiation of
bonds bearing four per cent interest can be made, will run for
from five to seven years. That the sixes of 1881 will run for a
like period.
That the fives of ISSl will run for from fifteen to
twenty years. That the ten-forties will run for from twenty to
twenty-eight years. The currency sixes cannot be called in until
maturity, as they are payable at fixed periods from 1895 to 1899.
SOME FIGURES IN ILLUSTRATION.
The subscription price at which the Syndicate are now ofTeriug
to sell- the four-and a-half per cent bonds is lOOf and accrued
interest in gold the bonds to be delivered on or after September
10th, and to draw interest from September 1.
At the present
price of gold (110) the bonds will cost, on the lOth of September,
about 111 in currency.
A five-twenty bond of 1865, new, running two years from this time,
would earn, at six per cent in gold
$120 00
'"_
Premium at I'.O
jo qo
;

,

A four-and-a-half

£13'2 DO

per cent bond daring the same period wonld earn

Premium

at 110

Difference in interest earned
}3:j 00
$1,00D five-twenty bond of 1865, new, sold at present market
price (ISK), would produce
$1,1:31
Deduct for present value of accrued interest, say $11 25, at 110
12 3S

A

K

'

Amount

realized for the principal, at present market price
$1,030 four-and a-half per cent bond would cost now
principal, at 100%, $1,00? 50, at 110

for

$1,118 81
the
1,103 25

Difference which could be realized by exchanging at present prices..
Difference in favor of holding $1,000 new sfxty-lives over cxchangIng at present prices, provided they run two years

$10 62
$J-2 38

Or about 2^ per cent.
To render an exchange

at the present time equal in advantage
to the difference of interest earned by the new sixty-fives over
that earned by the four-and-a-half per cent bonds for two
years, the new sixiy-fives should sell (taking into account the
interest accrued from July 1) at 115S, as compared with the fourand-a-half per cents at 111.
By the same process of illustration, the diflTerence in favor of

holding the new sixty-fives, supposing them to run for three
years, over exchanging at present prices, Would be about
3| per
cent, and their present market price
with four-and-ahalf per cent bonds

in that case, as compared
at 111, should be about

117.

A
A

$1,000 five-twenty

epercent

bond

of 1867, running five years, will earn, at

gold $300 00
fourand-a-half per cent bond, during the same period
•.
willearn
gold
355 qo

$1,(100

Difference in interest earned
or 1% per cent In gold.
$1,000 five-twenty bond of
(118H) would produce

A

$75 00
1667,

sold at prefent

market price
$1,165 00

Interest

12 38

realized for the principal, at present

market

price

A

$1.152 6*

$1,030 four-and-a-half per cent
the principal

bond

in

exchange would cost for
1,103 28

Differerce realized by sxchanging at present prices
or less than 4^ per cent in currency.
Difference in favor of heldinjf $1,C00 in five-twenties of 1867, over
exchanging for four-anda-half per cent bonds at present
prices, provided the former run for five years-with gold at an
average of say 5 per cent premlnm during that time
or nearly sjj per cent.

To render an exchange

$44 87

$34 38

of five-twenties of 1867 for four-and-

a-half per cent bonds at the present time equal in advantage to
the difference of interest for five years, the former should uow
sell (taking into account the accrued interest) at 130, as compared
with the latter at 111. » * * *
The reasonable conclusions and estimates to be drawn from
these facts, probabilities and figures, may be summarized as fol-

lows:
Estimated

r-Present mkt. p^ices.-^
Bid.
Asked.
Five-twenties of 1365— new
Five-twenties of 18W
Five-twenties of 1863
Sixes of 1831— coupon
Sixes of 1881— registere.d
Ten-forties- coupon
Ten-fortiea— registered

values compared with
four-anda-half per cent

bauds at

111.

113?^

115^toll7

1I6H

116H

118

120
123
123

113)i

lloX

119
i;8Ji
117ji
116

118

USX

115V

115X

H8itf
117>i

FivesoflSSl

to
to
to
to

123
124
124
124
to 125
to 125
to ISl'/J

12:J

118
118
118

Western Union Telegraph Company.— The following

is

the

report for the quarter ending Sept. 30, 1876
"In the report presented by the committee at the last quarterly
meeting of the board, held June 7, 1876, the net profits for the
quarter ending June 30 (May business being partially and June
wholly estimated) were stated at $800,483 57.
" The official returns for the quarter (ending June
30) showed
the profits to be $871,330 96, or $10,S42 39 in excess of the
estimate.
"The following revised statement, based upon complete returns,
will show the condition of the company at the close of the quar-

ended June

ter

30,

1876

:

Surplus April I, 1876, as per last quarterly report
$103,40182
Net proflii', quarter ending June 30, 18J6, inclusive of dividend on
International Ocean Company's stock
871,330 93
$973,733 78

From which

"

appropriating:

For dividend of IX per cent, paid July 15, 187S
$506,920 50
For one quarter's interest on bonded debt, payable Sept.
1 and Nov. 1, 1878
116,576 90
For one quarter's proportion of sinking fund, payable
Feb. 1, April 1, and May 1, 1877
20,000 00—643,497 40
Leaves a balance of
"

$330,236 38

From which

there has been paid
For Southern and Atlantic Telegraph Company's stock.$177,104 50
For construction, purchase of sundry stoclc, patents,
&c., Jan. 1 to June 30
145,068 37-332,173 87
:

Deducting which, leaves a surplus July 1, 1876, of
"Official returns of the receipts, expenses

$3,063 51

and

profits for the six

months ended June 36, compare with the corresponding period
f jUows

of last year as

:

Jan. to June, 1875.
$4,621,662 82

Receipts

Expeuses

The net

Jan. to June, 1876.
$1,834,897 12
3,174,775 41
1,660,121 71

8,141,546 69
1.480,116 13

Profits
profits for the current quarter

ending Sept. 30 inst, based

upon official returns for July, nearly complete returns for August,
and estimating the business for September, will be about.
$796,502

90 CO
9 00

199 00

A

Deduct for present value of accraed

Amount which would be

Add

in gold

[September 16, 1876.

surplus July

Making a
"

One
One

1,

65
8.063 51

as above

total of

$304,656 16

From which deducting and

setting aside

quarter's interest on bonded debt
quarter's proportion of siukiug funds

:

$

1

15,000 00
20,000 00

$135,C08

Less proportion of the sinking fund for the currency
bonds of 1900 set aside previously, now returned to
the company by the Union Trust Company, trustees, because the holders of drawn bonds have not
$J8,003 OO— $107,000 09
presented them for redemption...

Leaves
$697.656 16
A dividend of IV2 per cent, on the capital stock outstanoing requires
.„
$506,8-35 00
Additional Southern & Atlantic stock purchased dur32.277 00
ing the quarter and agreed to be purchased
639,112 00

Dedaciingwhich

will leave a surplus of

"In view of the preceding statements the
adopted the following

$158,544 16

committee

have

:

Besolred, That a divdend of one and one half per cent, from the net earnings of the three months ending September 10 be, iind is hereby, declared payable on the Itith day of Oclo^ier next, to stockholders of record at the close of
business on the 20th day of Septemtier, instant.
Itesolped, That for the purpose of the annual meeting of stockholders, to be
held on Wednesday, the 1 1 ih day of October next, and of the dividend herein
before declared, the stock books of the company be closed at 3 o'clock on the
afternoon of the 20th September, instant, and be re-opened on the morning of
the 17th of October next.
Wh':reas, The Unior, Trust Company, trustees of the sinking futids provided for the redemption of certaiu bonds of this company, have, pursuant to
the terms of the deed of trust, returned to the treisurer of the company the
sum of $.8,000, remaining from the moneys heretofore piid over to said
Union Tru-t Company for account of the sinking fund, said sum of $28,600
representing the par value of l-onds which have been drawn for redemption,
the holders of which have negloc'ed and declined to surrenJer them, theroforj,

Besohed, That the said sum of $38,000 be used for the purchase of the company's currency bonds of 1900. and that such bonds so purchased be caucelUd."

;

THE CHUONi

SeptctQ'er 16, 1876.]

^\)c

281

IJl.

OOTTON.

Commercial ^imea.

Fhidat. p. M., Sept.

CX)MMERC1AL EPITOME.
Iridat Night, September

15, 1876.

Oeneral trade was active througliout the week, and tbe
tion of bueiness affairs continaea to

show

posi-

a Bli({ht but steadj

improvement. Tlie weather is good, rates of traneportation are
low, money ia cheap, and pricea are on a basis that inspires confidence.
The long-contioaed dulness has reduced supplies of
merchandise in the bands of consumers and small dealers, and
the prospects of higher values stimulate the demand, through a

• disposition to carry larger stocks instead of purchasing on the
"hand-to-mouth" policy that has so long prevailed. In short,
'the stale of trade, if not all that could be desired, is fully as good

.« there
The

is

15, 1876.

Thk

reason to expect.

MovE.vfE>rr of the Crop, as indicated by our telegram*
from the South to-night, is given below. For the week ending
this evening (Sept. 15), the total receipt* have reached 41,497
bales, against 19,733 bales last week, 1,031 balea the previoos
week, and 7,151 bales three weeks since, making the total receipts
since the lat of September, 1876, 63,030 bales, against 59,434
bales for the same periol of 187.5, showing an increase ainea
Sept. 1, 1878, of 3,606 bales. The details of the receipts for
this week (aa per telegraph) and for the corresponding weeks of
five previouB years are aa follows :
Receipts this

week at—

New

Orleans
Mobile

Port Royal. 4c.

speculation in pork and lard has been fairly active, but

18-W.

1814.

1876.

«,a39
2,039

5,316

12,488

I81I.

187*.

4.8m

5,424

4,794

18,M8

2,334

2,850

1,79B

3,75<

1.M8

S.S79

1,728

4,531

10,9)8

>,9<I

7,3«7

12,818

32U

}

S<

..

Savannah

1873.

8.48S

7,784

8,858

0,«28
10,7-J9
4,;4ti
with sharp fluctuations in pricea. To-day, mess pork sold at
1.153
4.171
8.367
\
Indlanola, Ac
ISO
^17 37i on the spot, and the closing prices bid for future delivery Tennessee, Ac
166
1,8a
682
863
1,054
1,975
-were $17 for October, and |1.5 65 seller the year.
Lard sold at Florida
78
19
E2
40
75
U
^10 85 for prime Western on the spot, and the closing prices bid North Carolina
335
1,061
789
373
l,2tl
393
Norfolk
S,.3.30
l,73i
1,643
1,836
4,189
for future delivery were |10 85 for October and $9 73i seller the
9,va
City Point, *c
221
1,4)6
1,816
1,810
13t
year. Bacon has been more active, mainly at 9ic. for city long
clear on the spot, and Sic for long and short clear together at
Total this week
41,457
20,60S
36,709
28.045
23,673
51,269
the West, December delivery.
Cutmeats have brought full
Total since Sept. 1....
63,030
55.121
41,C93
43.4M
4:,699;
97,598
prices.
Beef and beef hams are between seasons and unsettled.
The exports for the week ending thia evening reach a total of
Tallow has been in brisk demand, and advanced to 8Jo. for prime.
Butter is firmer for shipping grades, and cheese is higher at 9 13,254 bales, of which 7,989 were to Great Britain, 5,030 to France,
and 235 to rest of the Continent, while the stocks as made up
@13c. for State factories.
this evening are now 133,313 balea.
Below are the stocks and
Rio coffee has been moderately active, and the stock in this exports for the week, and also for the corresponding week of
last
season:
market is reduced to 23,339 bags, aud the visible supply for the
United States is no more than 132,000 bags. Prices are firm at
Stock.
Exported to
Total
Same
Week ending
17i<al8ic for fair to prime cargoes. Mild grades have also been
thia
week
Qreat
ContiSept. 15.
in demand, with stocks reduced to 26,000 bags and 33,000 mats
Prance
1878.
18%.
week.
1875.
Britain.
nent.
Java quoted at 20{«)23c, and Maracaibo 15@17c, gold. Rice quiet.
New Orleans*
....
i9,mo 13.546
4,310
4,390
2,310
50
Foreign fruits quiet new currants sold at 6tc.
Teas firm.
MoMle
5,464
3,014
Molasses l@2c lower, at 39e for -50 test.
Sugars dull, and raws Charleston
215
215
5,9:1
5.843
<Iuoted Jo lower, at 8fc for fair refining, and IHc for standard Savannah
....
12,769
....
7,298
«rushed. Stocks of raws are about one half as large as last Qalvestont
16,677
....
!»,103

m

1^

,

;

;

.

.

.

•

New York

year.

The market has been

6,447

699

7:5

7,3»J

185

Norfolk.

Kentucky

and
prices are barel; maintained. Sales 800 hhds. for the past woek,
of which 600 were for export and 200 for home consumption.
I>ng8 quoted at 5^(380., aud leaf 10(al7c. Seed leaf has been more
*ctive, some concessions on the part of holders having ftimulated
the demand. Sales Lave been Crop of 1873, 50 cases Ohio at 8
@10ic.; crop of 1874, 202 cases New Eogland at 9@15c., and 138
do. Pennsylvania, 10c. crops of 1874-5, 100 cases New York, part
at 7c., and 300 cases Ohio at BJc; and crop of 1875, 200 cases
New England, private terms, 955 do Penns-ylvania, part at 23@
25c., and 50 cases Wisconsin at 5@7c.
Also, 250 cases sundries at
7i330c. Spanish tobacco in fair request, with sales of 050 bales
Havana at 88c.@|l 20.
During the past week ocean freights have been rather quiet
for all descriptions of tonnage
rates, however, have been retkined in a steady position, as the offerings of room are far from
being burdeneome. Lake engagements and charters include
Oraia to Liverpool, by steam, Sj J. per standard bushel
provisions at 3.5@50s. per ton grain by sail, 7fd.; cotton, 5-16d., compressed. Grain to London by steam, 8id.; flour at 28. 9d.; grain
to Glasgow, by steara, 7Jd do. to Cork for orders, 53 9d@l)9 do.
to Dandalk, 53 Od do. to Calais, Havre or Dunkirk, 63 3d refined petroleum to Cork for orders, 5s 3d@53 iid do. to the
Baltic, 68
do. to Gibraltar for orders, 53 3d
naphtha to the
United Kinj(dom, 5s 6d cases' to Corunna, 27c, gold refined in
bbls from Philadelphia to the Continent, er.cluding Dutch
ports, 4a 9d.
To-day a firm and somewhat buoyant tone was
Apparent, under reduced offerings of tonnage and steady moderate
demands, particularly from tbe grain trade. Tbe petroleum trade
also took hold more freely.
Grain to Liverpool by steam, 8id
<cotton, {d
grain to London by ateam, SJd
and bysail,7|d;
grain to Glasgow by steam, 7id
do. to Cork for orders, Os
refined petroleum, same voyag-*, 58 3d do. to the German Baltic,
rather quiet for

leaf,

:

;

;

:

Other ports}

ToUl

this

1,3^27

week..

Total since Sept.

1

1,32?

6T2

412

11,000

13,3;8
Boosts

7,'J89

5,03Q

235

13,254

3,6J7 133,313

17,076

5,230

235

22.541

8. -243

:

exports this weeK under the head of "other ports" Include from BostOB
Liverpool from Philadelphia 881 bales to Liverpool.

r.c'J'J''
646 balea to

;

From

the foregoing statement it will be seen that, compared
with the corresp<)nding week of last season, there is an inerea»e
in the exports this week of 9,727 bales, while the stocks to-night
are 44,220 bales more than tbey were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports from Sept. 1 to Sept. 8, the latest m<iil dates:
BKOBIfTS

BXPOBTKD 8IN0K SEPT.

1

TO—

;

SKPT.

PORTS.
1876.

;

;

25,490

1,747

/few Orleans.— Oar telejram to-night from New Orleans shows that (bestdm
apovfi exports) the a'notiDt of notion on shipboard and eng.ixeil for shlpineat at
tnu port Is as follows: For Liverpool, 4,000 Oi<le<; for Havre, ^,350 bales: for
ooutlnent, no bales
for coastwise ports, 100 bales; which, If oeilucted from
the Slock, woald leave 23,000 hales representing the quantity at the ianolug and in
presses unsold or awaiting orders.
t Oulne-itoii.— Oar Galveston telegram shows (besides above exports) on Ali>poard at ih it port, not cleared: For Liverpool, 296 balei; for other toretcD.
5.5 bilci; for coastwise ports, are balea; which, if deducted from the stock.
would leave remaining 13,534 bales.

;

;

51,355

..

1.

1875.

Great
Britain

France

Other
forei'n

Coast-

wise
Total.

Stock.

Ports.

;

;

;

;

;

;

;

;

;

;

N. Orleans.
Mobile

3, -271

2,194

1,092

1,568

Charlest'n •

2,«T4

2,942

Savannah

..

5.SJ7

8,428

Galveston*.

7,3S1

11,34J

New York..

16

....

Florida

33

90

N. Carolina

S8a

176

Norfolk'..
Other ports

815

9-)2

466

107

Tot. this yr.

21,573

2,779

2,7T9
•

....

>..

....
...

4,2J4

soo

3.000

27,818

642

4,677

1,800

3,106

2,616

6,080

....

2.869

9,90i

4.484

....

S«,6SS

33

....

....

91
2.024

2,024

2)4
2,!4»

....

13,400

:

'6s

lid

4iean,

;

crude do. to Marseilles, 53 3d

27i;,

;

ca^e oil to the Mediterra-

gold.

Tot. last yr.

There has been a fairly liberal movement in rosins, on export
account, and holders have advanced their views a trifle,*atralned
to good now being quoted at $1 65(31 72^. Spirits turpentine
closed firmer and fairly active at 33c. In petroleum, nothing
special has been done, but refiners hcve no difficulty in maintainjng the late firm figures of 14}315c. for crude, in bulk, and 26c.
for refined, in bbls. The hide market has latterly been more
active, and quotations show considerable strength. The wool
market has not been quite as active as of late, owing to the extreme views of holders, caused by the very moderate supplies,
eepeciilly of choice grades; still a very fair movement has been
effected.
Ingot copper more active; sales, 6,000,000 lbs. Lake at

19@19ic., which

is

an advance.

•

22.715

200

4.647

19

150l

».S8r

11,054

124,103

4,716

11.629

71,«0S

Included Port Hoyal, &c.: nnder the head of
included Indlauo.a, Ac; onder the head of Nvr/olt is ladaded City

Under the head of Charleston

Qalveston la

9,037

Is

Point, &c.

These mail returns do not correspond preciseiy with the total of
the telegraphic figures, because in preparing them it is always
necessary to incorporate every correction made at tbe ports.
The market the past week has been fairly active for cotton on
the spot, but with a drooping tendency, under which quotations
have been aomeifliat reduced. This has been the result of various
The
causes, but principally of the free arrivals of new cotton.
action of shippers has also been embarrassed by the depression in
foreign exchange, rates having continued to decline, and much
irregularity prevailing early in the week, while Liverpool advices

:

6

:

:

:

Under these circamstances there hae
liave been unfavorable.
been, of course, no epecalative demand, although domestic uninnerB have been free buyers, as the mills are now pretty fully
employed; and they have been in want of 8to(A. The free
arrivals of the new crop at the ports caused receivers to press
Bales from the wharves, of which circumstance buyers were not
In fact, the whole situation may be
Blow to take advantage.
briefly stated, that the market hag been drooping on account of
the free receipts at the potts and to-day, under the pressure of
new cotton, the tone was weak and quotations reduced ^c. For
future delivery the week opened with a slight show of buoyancy,
on the confirmation of the rumor that reports (rom most of the
Southern Cotton Exchanges of the condition and prospects of the
crop at the end of August were unfavorable
but as it appeared
that the most that was complained of was luat and the shedding
of bolls, their influence was soon lost, and under droopint;
foreign markets, together with the general weakening of confi
dence. there was a considerable decline in the course of Tuesday
and Wednesday. Yesterday, however, the Bureau report was
iesned, and, being interpreted unfavorably, some reaction took
place, the later months being l-16c higher. To-day, a more
favorable construction being put upon that report, there was a
;

The

uniform decline

Kew Classification.
Ordinary
Btrtct Ordinary
Good Ordinary
Strict Good Ordinary
Low Middling
Strict Low Middling
Middling

per

9 7-16 »....
9 13-164....

lb.

lOX

brought down to Thursday « veuing; hence, to make the totals the
complete figures for to night (Sept. 1.5), we add the item of exports
from the United States, including in it the exports of Friday
only

„.,_,,,
,
Stock
at Liverpool
Stock at London

Good Middling....'
Good Mlddlmg

uji

Strict

Middling Fair
ralr

a...
a...
a...
a...

12

lax

7
.

a ... lOM ®..
a... ;o>-i6a... 10 »-16 a..
@.... ii>«
a.... ii¥
a..
...
lij«
®..
«... iiT;6@.... 11 3-16 @..
a... nx
®... nji
®.,
12)4i'i^
a...
a...
a..
a.... vi%
a... a%
a..
a.... 18X
a.... 13X
a..

®

UK

13X

tijt

i2H

an
\ii4

6TAINBD.

„
Good
Ordinary
Strict Good Ordinary

9 3-16
9 13 16

I

I

Low Middling
Middling

10 5 16
10;^

Below we give the sales of spot and transit cotton and price
Uplands at this market each day of the past week

of

Con- Spec- Tran

I

Saturday

150

TtauTsday

1,080
100
180
ITO

33

1,068
!,eO)
1,429
1,818
1,788
2,671

Total

1,663

10,478

Monday
Tuesday
Wednesday....

mday

Total.

sit.

1,218
2.884
1,529
1.959
2,068
2,816

333

Low

Good

MiaOrd'ry Ord'ry. Midl'g. dllng.
I

Exp't. sump. lUa'n

Classification.

9 7-16

lOK

9S

10 5-16 10 15-16
10 5-16 10 15-16

s 7-:6

10«

9 7-16
9 7-16

lOK
10^

11 9 16
11 9-16
1! 9-16

10:!<

UX
IIX
n%

l.',474

SeUvered on contract, during tbe week,

-

1,500 bales.

For forward delivery the sales'(inclading
have reached during the week 81,800 bales
the basis of middling), and the following

free on board),
middling or on
a statement of the

(all

is

For September.
cts.
11 7-3i

For November,
bales.
700
200
too

.11 11-S2

100s.D.16tb...i:K
iijj
13-32
11 7-16

11

l.tflO

U

too

15-32

•400
1117-32
lOOs.n.iSth. 119-16

200 no not.
tlllltth.ll 19 32

1119-32

5:10

12«

IIH

100

200
700

11 21-Sz

IfiM

12 7-16
11 7-32

600
800

700

11 13-82
11 15-32

1,900
1.300
1,3U0

11 r-32
11 9-16

ua

Nov.

For December.

11 13-16

700

BOO

IIX

l.'.W

For October.

u
U

«0».

»,«0.

9-82
Ii.l6

11 11-82

."x
7-16

»m100

11

.109.

1,100

100

II 13-32
11 7-16

100

a

IIX

1,900
1,400
400

IDs
11 17-12

IJOO.

119-16

3S,N0 total Oct.

IIX

500.

5,c05 total

Feb.

u

IIX

1.100

11 S!r-S2

60O
100

11 29-32

a.-m total Dec.

I'le

1\%

4»

11 15-16
11 31-82

1,800
801)

U

200

For January.
1,400
l.aOO

11 13-32
11 7- 16

500

11 15 sa

U^

5,200 total

800 total

12k,

12X

May.

100
100

9,000

437,750

808,500

465,2i0

453,000

Total European stocks
1,227,500
India cotton aflyat for Europe
379,000
American cotton afloat for Europe
34,000
Egypt, Brazil, &c., afloat for E'rope S4,0(i0
Stock in United States porta
1)3,313
Stock in U. 8. interior ports
11,084
United States exports to-day
S,50J

1.193,50il

1,'00

1,372,250
336,000
21,000
54,000
106,877
8i,"31
1.000

1,374,500
8;$.ooo
39.000
65.000
67,042
13,53S
1.000

1,712.699

l,911,lo0

1,838,060

Stocli at

1>%
12H

12

300 total

For July.
200
-00

Total continental

12 17-32
12 21-32

400 total Joly.

For August.
100
500

12 19-32

12 21-32

For April.
100

12

600 total

Aug.

Of the above, the
AtiMrican—

for January, at 5-32 and $6 25 difl'erence.
500 Sept. for let).

XlDDLLNe tJPLAJTDS— AMBBIOAN 0LAB81PIOATI0K.
Bat.
Mob.
TuesWed.
Thnra.

Frt.

December
January
February
Marcb
AprU.

ux

i: 15-82
11>^
11 19-32
11 25-32

1131-32
12}^
12 6-18
12 15-32

»«•

June
Jnly

Angnst
Sold
lEch&nse

12*

11 9-16
11 19-32

1:

11 19-33

11

iia

11 9-16

11 15-32

11 15-32.
11 13-3!

11 9-16

19-32
II 23-32
11 15-10
11

12«
12 9-82
12 7-16
12 19-32
12 2S-S2

..

4.^2).I

1,813
17,600

II

!1

9-lS

17-62
i:-;6

11»
12 1-32
12 7-32

l<%

U

17-32
12 ll-'O
12 )3-16

lUa

1C9J<

0ales spot...,
Salea tutuie.

..baiee.1,811,897

totals ot

4.52X
I.2H
11,430

4-81H
2,!l-4

13,510

II

11
11
11
1;

U

37,\000
21.000
23.000
69,093
10,1 OS

9?,00(>

28,850
26,000

65,060

American and other descriptions are as follows:

Liverpool stock
Continental stocks
American afloat to Bnrope
DLited States stock
United States interior stocks
United States expoits to-day

233,000
184,000
39.090
67,044
13,518

374,000
174 000
2i,0CO
89.093
10,106
l,iO0

233,000
226,000
21.000

609,199

651,910

"Bir.seo

379.000
84,000

377.000
74,000
191,500
375,000
23,000

5*1,000
111.000
239:250
3s6.O00
54,000

474,000
214.600
269,000
278,000

945,300
865,697

1,C43,500
669,199

I.25a,K0
657,910

1,300.500
637,580

Total visible supply
l)ales. 1,811,397
fid.
Price Middling Uplands, Liverp'l.

I,712,tl99

1.911,160

1,833,060

6 15-16C.

8d.

382.000
303,000
31.000

13%313
11,084
2,500

Total American
bales. 865,897
East Indian, Bratil, dbe.—
Liverpool stock
369,000
London stock
38,550
Ctontinental stocks
131,750

Total East India,
Total American

&c

105,877
21,033
1,000

1,000

66,0C0

9d,

These figures indicate an increase in the cotton in sight to-night
of 98,698 bales as compared with the same date of 1875, a
decrease of 99,763 bales as compared with the corresponding
date of 1874, and a decrease of 36,633 bales as compared
with 1878.

At the Intkriok Ports

the

— that

movement

the receipts

is

and shipments for the week and stock to-night, and for the
corresponding week of 1875
statement:

is set

out in detail in the following

Week

en aing Sept.

Week

15, 1876.

ending Sept.

17,

1875

]

Receipts. Shipments. Stock.

9-16
i;-j2

Receipts. Shipments. Stock.

Macon Ga
Montgomery, Ala

15 32
15-32
19-32

S5-J2
16-18

12 S-3!
12 9-32
12 7-:
12 19-:2

12 11-16

109X
4. -IS
1,529
13.503

Il>4
;3-32

11»

11

It 7-3-2

11-32
1! 5-16
II ll-S!
11 l:-32
11 11-16
11?<
12

y.H
liM

11 7-32

II 13-32

11 9-32
1! IS 32

8-16
12 11-32
15>(
12 9-16
110
1-2

4-81K
1.959
12.60J

2,571
1,492
2,339
1,763
1,700

S,333
1,430
1,144
1,253
1,073

1,16!

2,685

2,111

654
l,9t9
1,667
1,639

910
985

817
914

867
645

2.71)6
2,3t:9

5,000
1,517

i,S18

10,169
63

10, -257

3,789
863

t75
350

1.041

67

1V35

1,982
1,280

10,10G

.

Memphis, Tenn

Tenn

Nashville,

..

80.C87

17,867

11,084

10.908

9,435

Dallas, Texas (est.).
Jefferson, Tex. est.)

350
240

'iii

1,157
1,127

400
3i0
516

'iilO

Shreveport, La
Vicksburg, Miss....

895
203
908
94

942

],-J6)

981

589
466

365

ISt)

471

1,<58
451

1,-392

450
263
709

809
875
26)

Colnmbtis.Miss

Euf aula. Ala
Griffin, Ga

II

17-32

11*
11 15-16
12 3-32
12 9-S2
12 lS-b2
12 19-W
12 13-32

106
205
615

678
69

Charlotte, N. C
St. Lonis, Mo
Cincinnati,

176
203
788

197

268

883
9.6

1,242

71

173
61

6,178

425

467

new

Total,

ports

all

43
108

iia
626

693
146
371

Qa
Rome, Ga

m

728

656
224
410
34

343
315
55

48

1

65
406
53

7,0S8

6.621

12,-547

4,496

3,337

3,805

27,149

24,478

23,411

15,399

12,772

13,411

The above totals show that the old interior stocks have
increased during the week 3,230 bales, and are to-night 978
bales more than at the same period last year.
The receipts at
the same towns have betn 9,181 bales more than the same week

Bombay Shipmbnts. — According

to our cable despatch received
have been 1,000 bales shipped from Bombay to Great
bales to the Continent
while
Britain the past week, and
hales.
the receipts at Bombay during this week have been
The movement since the Ist of January is as follows. These are
the figures of W. Nicol & Co., of Bombay, and are brought
down to Thursday, September 14:
to-day, there

;

11 19-32
11 25-32
11 81-32

12 5-32
12 U-33
12

^Shipments this week-,

K

Great

12X
1

U

4..

IX

iMii

2,'

6?

2.816
i:,9.o

12.9JJ

16-J

1,781

last year.
FrI.

]\^
11

Ga

Augusta,

Total,

spot quotations, and the closing J)rices
bid for future delivery, at the several dates named :

November.....

porU

-Ulanta.

;-16

Marcb.

Jnne.

The following will show

September
October

Amsterdam

Stock at Itolterdam
Stock at Antwerp
Stock at other continental ports.

Total, old ports

12 11-32

»c. pd. to exch.

11 9-16
11 19-32

921,500
113,250
I'i.OOO'

The following exchanges have been made during the week

Onipot

907,000
170.000

37,000
82.000
43 500

For June.
100

For Marcb.
700

11 i;-ai
11 9-16

8,100

JWSeptember

825,000
190,000
4,250
53,600
18,0CO
Si.OOJ
65,(00
9,750
4,000

59,2>0
85.759
42,5.0
94,250
83,750
i;,2-W
85,000

Colnmbus, Ga

.12 3-16
12 7-32

100
400
100
200

27-32

15-32

11 15-32

«JiOO
S,«l«»

1'V

U

1-32

11

uv

21-M

11 11-16

1,300

5-16

11

11 23 82

iiM

U

11%

700
900

11 9-32

3.a.0

789,731
!8t,0r0
4.250
68 OC'O
li.OOO
54,000
62,750
IC.tOO
17,000
14,250

187.3.

707,000
814,500

13600

12 8-32

For May.

l.COO

300
800
1.700

100

Jan.

For February.
400
too

20(1

1874.

796,000
111,00)

121-18

2,400 total April.

11 19-32

IJOO

....

Stock at MarseiUeB
Stock at Barcelona
Stock at HambnrR
Stock at Bremen

187S.
'61,000
74,C00

11 l;-16

13,600 total

2.200

10,900 total Sept.

cts.

3,iOO

UH

9,100 total

bales.
400

5-16
11 11-32

nv
%m

U

11 9-16

1,500.

cts.
11 17-S2
11 9-15

1,600

11

l.OUO
900

100 «.n 19th.ll 13-«

bales.

cts.

100

iiw
llv

l,l«)

Total Great Britain stock

StockatHavre

—

mies and prices
bate*.
100
10) 8. n
400

38,750

India afloat for Barope
Egypt, Brazil, &c., afloat

:

New

1876.
7.'jl,000

_

ToUl visible supply..
9 7-16 @..
9 13-16 »..

®.... lOu

10>i

B.... 11
a....
a.... IIH

iiM
iix

9 7-'6 a...
9 13-163....

9 13-163...

Visible Supply of Cotton, as made up by cable and

Texas.

OrJeans.

9 7-16 a...

lOK

®...
®...

10l<
lOj^

New

Alabama.

Uplands.

1876.

.6,

is as follows.
Tlie 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

of ^c.

The total sales for forward delivery for the week are 81,800
bales, including
free on board. For immediate delivery the
total sales foot up this week 12,474 bales, including 1,063 for export, 10,478 for consumption, 333 for speculation, and
in
transit.
Of the above, 100 bales were to arrive. The following
•were the closing quotations to day

[September

telegraph,

;

1,800

1

.

THE CHROISICLR

282

«»

..

1876
1875
1874

Con-

Britain, tlnent. Total.
l.COO
....
1,000
16,000
16,000
....
....
6,000
6,000

/-Shipments since Jan.l-,
Great
CcnBrltaln. tlnent.
Total.
6:8,000
8I-1.000

783,000

359,000
R'.I7,OCO
412.000 1,216,000
332,030 1,150,000

—

,

Receipts.——
Blnca
This
Jan, 1.

week.
.-..

99^,000

2,000 1.238,000
1,000 1,312,000

September

TOR CHRONICLE

1876.]

16,

From

the fore^roing it would appear that, compared with laat
is a deerease of 15,000 bales this year in the week's
BhipmeDt8 from Bombay to Europe, and that the total moTement
aiuce January 1 shovrg a deerease in Bhipments o( 319,000 balei
compared witn the correspoading period of 1375.
Weatueu Kbports BY Telkohaph. The weather the past
year, tliere

—

week has been favorable

for crop purposes,

and nothing new hag

developed with regard to crop prospects, except a little less
Picking is progressing
finely, and the new cotton is being freely marketed.
Oalveiton, Texas.
We have had no rain here during the week.
favorable report from Northern Texas,

—

The thermomotor has averaged
lowest 74.

Picking

94 and the
progressing finely and will finish very

is

81, the highest being

which was afflicted by the caterpillar disup country, crop accounts are less favorable, but

early in the coast belt,
astor.

will

In the

still

do well.

Indianola, Texas.

Picking

is

—There has been no rain

here

all this

week.

making fine progress, but there will b3 no middle or
The thermometer has averaged 83, the higliest being

top crop.
93 and ths lowest 71.

—

It

Average thermometer 75, highest 97 and lowest 58. The rainfall
week is one inch and sixty-nine hundredths.
Dallas, Tixas.
It has rained on two days of the week, the
rainfall reaching one Inch and fifty hundredths.
The average
thermometer is 75, the highest 9.> and the lowest 61. Crop ac.
counts are Jfss favorable, and there is much complaint of the
boll worm in some sections.
Ifew Orleans, Louisiana. We have had rain on one day this
week, the rainfall reaching fifty-four hundredths of an inch
The thermometer has averaged 79.
Shreveport, Louisiana.
The weather this week has been cool
and pleasant, and very dry. The thermometer has ranged from
GO to 93, averaging 76. Information from various sources estimates the loss to the crop in this vicinity at from a fourth to a
third from the early August prospect.
Vieksburg, ilississippi.^There has been rain here on one day
of the week, the rainfall reaching three-hundredths of an inch.
The average thermometer is 75, the highest 93 and the lowest 58.
The days have been warm, succeeded by cold nights. About
for the

—

—

—

three-fourths of the cotton in the fields

Cclumbus, Mississippi.

during the week.
and the lowest

is

open.

— We have had warm days and cold nights

The average thermometer
71.

is 80, the highest 89
Planters are sending their crop to [market
-

freely.
Little Rock,

TLe thermom-

raiofall reaching one inch and fifty hundredtLs.
eter lias averaged 79, ranging from 74 to 84.

—

Macon, Oeorgia. We Lave had rain on one day this week.
The thermometer has averaged 78, the Lighest being 95 and th«
lowest 63.
Atlanta, Georgia. There have been light Loweni on two iaju
this week, but the rest of the week has been pleasant.
TLe
thermometer hag averaged 78, the highest being 91 and the low-

—

The

est 63.

raiofall

forty-seven hundredths of an inch.

is

—

Columbus, Georgia. It has rained on two days this week, the
rainfall reaching sixteen hundredths of an Inch.
The thermometer has averaged 80, the highest being 90 and the lowest 65.
Btvannah, Georgia. It has rained on three days cluring the
week, the rainfall reaching one inch, but the rest of the week
has been pleasant. The average thermometer is 70, the highest
91 and the lowest 69.
Augusta, Georgia. We have had warm, sultry, wet weather
this week. It has rained heavily on four days, the raiafall reachiug two inches and four hundredths. The rain will prove beneficial to the crops.
The thermometer has averaged 79, the LigLest being 95 ond the lowest 71.
Accounts continue favorable,
and picking is progressing finely. Planters are sending cotton
forward freely.
Charleston, Soi'.th Carolina.
It Iiaa been showery three days
this week, the rainfall reaching two and sixty hundredths inches.
The thermometer has ranged from 70 to 93, averaging 80.
The following statement we have also received by telegraph
showing the height of the rivers at the points named at 3 o'clock
Sept. 14. We give last year's figures (Sept. 17, 1875) for com-

—

—

—

has rained hard two days this week, but
no serious damage has been done. The prospect is still good
here, but westward much damage has been done by drought.
Corsieana, Texas.

283

Arkansas.

—We

had

'

rain

on Saturday

last,

and

it

since, with clear weather.
The rainfall was
forty -one hundredtlis of an inch. The thermometer has averaged
7S, ranging from 93 to 57.
Ouachita Co., Camden Ark. On the 1st if August the prospects were better than at the same time for the past ten years.
Owing to dry wea'her since, except partial showers, many forms
and young bolls have fallen off, damaging prospects of the crop,
say one-fourth to one third in Calhoun, Ouachita, Union, Columbia and Nevada counties. The falling off was rapid, but checked
when showers occurred. The condition is still favorable
for a good yield from late blooms, fruited for a fair average crop.
Much rain in September would cause mildew and prevent cotton
from opening well with moderate rains and continued warm
weather prospects would still indicate more than an average
«rop. The weather has been generally dry until about the close
at the month ; cannot give days when rain fell, but showers were
generally heavy. Picking began about August 15, owing to dry.
Lot weather. New cotton was in market the last days of August.
Some sickness is appearing in the county, and will cause picking
to continue late, especially if first should be late, so as to allow
Hooms now appearing to mature, as is generally the case.
NashviUe, Tennessee. It has rained here on one day this week,
the rainfall reaching thirty-nine hundredths of an inch. The

Las been quite cool

—

p

;

—

thermometer has averaged
est 65.

Memphis, Tennessee.

—

78, the highest

being 81 and the low-

Rain fell here on one day this week, the
reaching nine-hundredths of an inch. The thermometer
Las averaged 73, the highest being 83 and the lowest 56.
Mobile, Alabama.
It was sliowery two days the early part of
this week, the latter part being clear and pleasant.. The rainfall
was ninety-six hundredths of an inch. The average thermometer
lor the week \i 78, the highest being 91 and the lowest 65. Crop
accounts are generally unchanged. Cotton is opening very rapidly, and picking is progressiog finely.
Montgomery, Alabama. Rain has fallen on two days this week,
tlie rainfall reaching one incli and sixty hundredths.
The rest
of the week has been pleasant.
The thermometer has ranged
from 63 to 95, averaging 77.
Belma, Alabama. We have had no rain this week. The days
have bi-en warm, but the nighta have been cold. The thermom.eter has averaged 75.
Madison, Florida.—
h4ve Lad one rainy day this week, the
rainfall

parison.

^Sppt.

—

We

11

Inch.
8

.-Sept. 17, "TBy-,
Feet.
Inch.
8

17

Memphis

Above low-water mark
14
15
5
1
mark
8
t
Missing.
mark
11
VicksbutK
Above low-water mark
18
6
13
3
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to higL-watei
mark of April 15 and 16, 1874, which is 6-lOths of a foot abora
1371, or 16 feet above low-water mark at that point.

Nashville
Above low-water
Shreveport. ...Above low-water

—

—

AGRictTLTCTRAL BuRKAu REPORT FOR Sbftbmber The Burean
has issued its figures to-day for the first of September condition

They

an unusually interesting exhibit,
many change* in
the promise of the growing plant. In the main, the crop was,
according to our own advices, deteriorated in three ways daring
the month. (1) Caterpillars have attacked it, and in certain sections have done considerable harm (3) wet weather has in other
districts resulted in a too rapid growth of weeJ, so that the plant
of the cotton crop.

are

because the month of August resulted in very

;

in those districts is long-jointed

and poorly fruiied

;

(3)

rust

and

shedding have developed almost everywhere and in some plaeea
badly. Now, the problem to solve was how, as compared with
previous years, has all this affected the prospects? Wo are too
apt in our minds to compare » growing crop with perfection.

The reality, however, gives ua rust, shedding, too wet and too
dry weather every year, and frequently caterpillars. Just tLia
comparative injury, therefore, the Bureau has tried to state is
figures, and we think the trade will say it has done it very fairly.
In the following, we have added the present returns with tLa
returns for the same
uation

may

month

of previous years, that the exact sit-

1876.

1875.

be seen.
September.

Slates.

>

1874.

1873.

187i.

1871.

18».

Nor.h Carolina

9G

90

87

9S

101

82

So<ith Caroliua

91

80

86

88

»(

80

1«&
105

US

Georgia

90

76

96

78

83

75

77
77

90

Florida

83

91

7J

IIS

Alabama

83

87

81

86

88

80

100

80

100

77

lOS

80

1C«

MisRiaeippl

87

98.

74

8i

Loaisiana

90

88

62

80

Texas
Arkansas

87

94
9}

S3

98

90
66
94

47

93

78

93

110

G2

9t

96

lOO

97
119

Tennessee....

53

96

91*
8JJ
loT
The foregoing gives us an average for September higher than
in any year except 1870, and shows us the more important fact how
almost invariably the plant is injured in August but, to arriT*
at the true present condition compared with last year, the previous month's average should be added (according to the
Bureau's custom), as we have done in the following:
Average

92 3

70 4

83 3

83

;

1876.

.

—

—

14, '76-,

Feet.

New Orleans.. Below high-water mark

North Carolina
South Carolina
Qeorsia

Pkrida
Alabama
Mississippi

Louisiana

Texas
Arkansas
Tennessee

1875.

,.

>

SeptAug.July.Jiine. Av. 8ept.Aug.Ju;y.Jane. At.
96 101 lot
9J
99 i
99
95
91 7
90
91
97
90
93
94
81
99
97
87-5
91
90 1C4 103 103 100
8«
97
88-7
94
85 101
83
98
£3
88
95-7
93 loa 101
83 103 109
94
bS
93
91 3
104 103 100 101 a
87
91
96-7
95
99 1(5
91)
90
89
94
!9
93
94
93
96
95 5
99
90
87 106

K

97
119

120

•4
*I«-5
•00.6

tOOT
tlO

61
•1-5

97

95

«

7

lOS

104

90

1002

t8-5

103

93

lOS-7

107

109

99

lOi-7

•«

95'8

Average, fonr months
• 9etter in 1876 than la 1375.

•7-5

t

Worse

la 1876 than In 1873.

Bt 8

THE CHRONICLE.

284
We have here an

average increaee in condition tbis year of 1
which are lees favorably reported

percent; but, as the States

now

are, in

some

cases, the

more productive, the actual yield

this

year, accordinu to these figures, would, on the same acreage, be
slightly less than the yield of the previous season.

Cotton Crop for 1875-7G.— In our

editorial

columns will be

found our annual cotton crop report.

Cotton Exchange Crop Reports for September
following reports lor September

1,

have been received

1.

this

—

The
week
:

Galveston Department
covers the State of Texaf. and was prepari?d and issued by the QalTeeton Cotton
Kxchange. through their Committee on Information and Statistics, composed
of John Focke, chairman, G. A. Hill, H. J. Anderson. G. W.Bmbrty and H.
Dreier.

1.— 16 report very favorable weather for month of August, 31 report ninefirsts to 21 days (average flr^t 15 dayt), thereafter mostly dry and hot; 1 lira*
15 daya dry, thereafter warm and wet ; 4 loo much rain, and B too dry andbot
throughout the month. 2. ly report weather more favorable than for August,
lb75, on account of more rain, and warmer ; 15 more favorable, not so wet,
and warmer: 1;! less favorable on account of too much rain ; 4 less favorable,
too dry and hot. 3.— 6 report forming and blooming never belter. 51 verj
well, % not well ; of which 2i report retaining fruit. 15 shedding considerably,
58 report crops having been well cultivated;
16 seriously, and 3 very badly. 4.
crops growing too
1 crops were laid by cunslrlerably in grass an.'l weed«: 36
rank, and unuf-ually liable lo froal— shedding in reasiug seriously ; 40 better
not so good. 5.— 21 report nicking comcrops than last year, 10 about same,
menced 20th to *«tt!h. *i. 59 report average date for general picking. Sept IS.
7.-52 report no worms, 6 considerable damage by boll woim, 1 seriooB
damage. 8.— See aggregate, it. 47 repor* superior early corn crops ; 12 damage by excessive wee or dry weather; 51 report fiue late corn; 8 damage bj
dry weather. 10. 46 report cops of SorgbUTi in their vicinities ; 5 connties
report severally, estimates of 5,0CO, 2,C0J, 1,500, 1,200, 760 acres ; all report the
crop in most excellent condition. 11.— 5 report laborers never more vigilant
and effective ; 48 report working well, 6 much indifference.

—

Texas. These answers are condensed from 71 replies received
from 47 counties, and are baaed upon mail accounts dated from

Ang. 25

—

—

—

—

—

;

:

meoced yet.
6. The picking

will become genera! on the Ist September in ;6, on the t5;h
In il counties.
Caterpillars have appeared in 19 counties. 3 counties report caterpillars
boll worms, 6 report few caterpillars, i counties report bell worms, and 15

September
7.

and

connties no worms.

The damage done by caterpillars 6 counties report destruction of one half
to two-thirds of the crop 4 counties one-fourth to one-half of the crop in
7 counties the caterpillars are reported eating up the cotton, and sericna damage appreheniled in 2 counti; s all young couon and bolls of old cotton nearly
grown destroyed 8 counties rtpoit damage by boll worms to the extent of SiO
per cent tf the croD.
8. The ravnges of the worms extend three tiers of coast counties from west
of Lavaca county to Sabine river, and also to three eastern counties and two
middle. Severe drouth has prevailed in many of the western counties the
plant has stopped growing, and reports from two counties siy the yield will
cut short 60 per cent. The more favorable reports came from northeastern
and northern countiev.
:

;

;

;

;

;

M

New

Lonisiana.— 67

replies.
has been very hot and sultry, with parMal showers, and less
The plant has fruited
favorable than dnriug the same period last year.
well, but owing to the extremely hot weather, and to showers, followed by hot
condition
present
is not good, and does
fruit
badly.
The
snn, it lias shed Its
not compare at all with Itist year. Picking has commenced throughout the
Worms are reported
of
September.
general
by
tbeUth
and
win
become
State,
in places in the hills, but in the lowlands they are everywhere. In the pardamage,
considerable
done
and
Tensas
they
ha^'e
Carroll,
Madison
of
ishes
estimated at 55 per cent, but elsewhere they are webbed up. There is much
complaint of rust. The crop i» " spotted," and, on the whole, not near so good
as last year.

The weather

—76 replies from 29 counties.
the early part of the

month was excessively

rainy,

and

since then became hot and dry. and, on the whole, is decidedly less favorable
than during the Fame period last ycir.
The plant is reported as biing well fruited, but the heavy rains, and snbseSuenl dry weather, have causedlt to shed considerably, and its present conition compares quite unfavorably with the same liine last year.
Tire boll and army worms have made their appearance in many localities,
1}ttt tlie damage so far is only very light; seme of our correspondents also
complain of ii jury from ru.-t and rot. Picking has conunenced, and is expected to be general about 10th Inst.

—

Arkansas. 39 answers from 22 counties average date Aug. 31.
The weather has been less favorable than during the same time last year,
;

lieavy rains having fallen early in the raobth, while the lacter part has been
dry ard hot. The plant is tolerably well Iruited, but we receive almost univerFal complaints of heavy shedding, whicj makes the present condition far
Inferior to that of latt year.
Worms have appeared in severtl connties, but with few excepfons have
Some injury reported from rust.
not so far injured the crop very materially.
Piddiig will become general about IBth Ir^st.

Nasliville

Department

covers Middle Tennessee east of the Tennessee liiver, and the following
OOmUies of j4/a6ama;— Lauderdale, Frankliu, Colbert, Lawrence, Morgan,
Xiimestone, Madison, Marshall, Jackson, DeKalb and Cherokee. The report is
jprepared and issued by the Nashville Cotton Exchange, through their Committee on Statistics and Information, composed uf James B. Craiguead, U. 11.
HcAlister and Edgar O. Parsons.

Tennessee

& Alabama.—

The weather in this district has been more favorable than at the same time
last year. Eighteen counties report the weed not fruiting well, 13 moderately
well, and 44 fruiting well ;
complain of shedding. 25 counties report the
condition of ho condition of th crop as good, 15 report it as moderate, 14 as
unfavorable, 13 as worse thin last year; 7 report the crop about equ.il, 31 as
more favorable than last year. Picking has commenced in 43 counties, and
will become general from the 15th lo ihe 20;h of September. There is no
damage from the worms, but a tew report slight dabaage by grasshoppers.
Bxcessive weeds and scarcity of fruit are repor ed on the new bottom lands,
while the uplands show a pruspect of a fair average crop.

H

Memphis Department
covers the /itate of Ttnnessee. west of the Tennessee River, and the following counties i» Mississippi: Coaboma, Panola. Lafayette, Marshall,
De Soto, TunicT, Benton and Tippah, and the State of Arkansas north of The
Arkansas Kiver. The report is prepared and issued by the Memphis Cotton
Exchange, through their Committee on Information and Statistics, composed
of Sam. M. Gates, Chairman, W. vV. Guy, Uugb Torrance, B. Bayllas, II.
Furstenbeim, J.
Jefferson, J. L. Wellfoid.

W

West Tennessee.— 59

reeponses.

i

;

—

;

mucli indifference— given too

—

much

lo politics.

Arkansas. 48 responses.
1.— 22 report very favorable weather for the month of August 8 rains first
10 to 20 days (averaging J5 days), thereafter mostly dry and wet: 7 too hot,
and 6 too dry, thioughout themonth. 2.— 18 report more favorable weather
than Aug 1S75, account of more rain and warmer 6 more favorable, not so
wet, and warmer; 6 about same; 13 less favorable account too much rain ; 5
less favorable, too dry and hot. 3.- 2 report forming and blooming never
better 43 very well 3 not well ; of which 2b report retaining fruit well ; 8
(bedding considerably; 10 seriously; 4 very badly. 4. — 47 report crops having
been well cultivated 1 laid by mucli in grass and weeds; 28 better crops than
5.-8 report picking commenced 23d
12 not se good.
last year ; 8 about same
to SOth, average 26tt Aug. 6.— 48 report picking will be general 7th lo 20th,
average 13tli Sept. 7.— 45 report no worms 3 slight damage by boll worm.
8.— See aggregate. 9. 45 report very fiue early corn crops; 3 poor; 41 fine
10.— 23 report crops of Sor,ihum in their vicinities;
late corn crops
4 poor.
;

;

,

;

;

;

;

;

—

;

8 counties report, severally. 1,000, 600, 500, oCO, 30',
live

covers that part of the State of Missmljtpi not apiiorlioncd to the
and Mobile Cotton Exchanges; tlie entire State of Louisiana and the State
of Arkansas, south of the Arkansas River. The report is prepared and
Issued by the New Orleans Cotton Exchange, through their Committee on
Information and Statistics, composed of Harrison Watts, Chair.ran, L. F'
Berje, E. F. Golean, William A. Gwyn, Edward Morphy, B. C. Cammack,
and L. La combe.

The weather during

;

crops in good condition.

Orleans Department
Memphis

Mississippi.

—

Nortli Mississippi. 50 responses.
1.— 1 reports weathar very favorable for month of August; 17 rains first 1 4'
to 20 days (average 16 days), ther. after mostly hot and dry .32 loo much rain
throughout the month. 2.— 4 report weather more favorable than August*
^2 less favorable than
1875, account of more rain and warmer; 4 about same
same month 1J75, on account of too much r.iiu. .3.-37 report forming and
blooming very well, 13 not well; of which 4 report retaining fruit well, 8 shedding considerably, 13 seriou'ly, 30 very badly. 4.-47 report crops havlB2
been well cultivated, 2 but moderately well, crops were laid by considerably
in grass and weeds; 8 report better crops Ihau laei year, 7 about same, 35 not
so good. 6.— 14 report picking cotton commenced 23d to i9th, (average 26thAug) 6.— 50 report picking will be general from 1st to 2Clh (average Sept.
7.-88 report no woruis, 1 caterpillars' appearance, without serious harm,
13).
4 report considerable damage by bol worm, 4 serious and 3 very great damage.
8.— See aggregate. 9. — 46 report eatly corn very fine, 1 damaged by rains 48
good crop late corn, Snot good. 10.— 38 report crops of Sorgbnm in ihelr
four coucties estimated severally to have l,P0O, 500, 200, 2C0 acrea
vicinities
— crop reported in good condition, and to be largely on the increase. 11 &report laborers never mere vigilant and effective; 37 report working we 1, 8
;

to Sept. 2.

character of the weather iince Ist of August is reported unfavorable
as an average for the State, S counties reporting liot and showery, 5 counties
reporting to:) wet, 1 county reporting huavy rains. 12 counties reporting hot
and dry, 11 counties reporting too dry, two counties reporting unfavorable, 8
counties reponing seasonable.
5. Thirty couniies report the weather less favoralile than last year, twelve
counties tame as lust year, five counties more favorable.
3. Bleven counties report the cotton fruiting well, retaining its squares and
bolls; 30 connt;e8 report the coltcn n«t fruiting weil, throwing cff Its squares
and bolls 6 couutits as shedding badly on account of weeds.
4. The condition of the cotton crop is reported not good in 30 counties, as
good in 10, and very good in 7 c unties, and it comparr s with last year as follows In 30 counties less favorable, In 8 as same, in 4 as favorable, and in 7 as
more favorable.
6. Forty-two counties report picking commenced, and 5 connties.nct com-

The

I.

[September 16, i876.

;

42 working well

;

11.

3

—

3i)H,

200,

200;

all

— 3 report laborers never more vigilant and

much

report
tffec-

indifference.

Nor tit Alabama. 12 responses.
8, rains, first
1.-4 report weather very favorable diuing month of August
10 to 20 days (average 15 days), generally warm and dry thereafter. 2.-6 report weather mare favorable than Angu5t, If 15, account, more rain and warmAll report
5 about same. 3.
er
1 more favorabU', not so wet, and warmer
7 shedding consider5 retaining fruit
forming, blooming and fruiting we'l
10 better crops than last year; 3
ably. 4.— All report crops well cultivated
about same. 5. 3 report picking commenced 2id to 36th, average 26th Augusi.
B— 12 report picking will be general 7tb to 20th, average i:3th September. 7.— .Ml report no worms. 8.-6 report crops growing too rank, the weed
9.
11 report both
ver>- green, unusually liable to severe damage by frost.
1 both early and late not so good as last year,,
early and late corn vet y fine
but sufficient. 10.— 9 report Sorghum crops raised iu their vicinities; 4 conn11.
ties n-port, severally, 1.000. 400. 303, lOJ aces, tlie crop well conditioned.
;

—

;

;

;

;

;

—

—

;

—All report laborers working

well.

Mobile Department
Slat^ of Alabama as far north ns the summit of the Sand
Mountains, and the following counties in Mississippi: Wayne, Clarke, Jasper,
Lauderdale, Newton, Kemper, Nesbolso, Noxubee, 'iVinston, Lowndes,
I'ktibiba, (!;olfax, Monroe. Chlcasaw, Itawamba, Lee, Pontotoc, Prentiss,
Alcorn and Tishamingo. The report is prepared and issued by the Mobile
Cotton Exchange, throngh their Committee on Information and Statistics, composed of T. K. Irwin, chairman, Geo. G. Duffee and A. M. Wilmarth.

covers the

Alabama.

—46

counties

— 117

letter?.

since the 1st of August has been generally favorable in the
northern and eastern counties, but in the middle and southern and western
portions of Ihe State there has been too much rain. .\s compared wllh tie
same period last year in 23 coun lies, the weather is reported as having been
equally or more favorable, and in 23 less favorable. The last are composed of
the most productive lands in the Stat;. In 14 uplaul counties the plant is
in the remaining 32 it has taken on but little frnit
reported as fruiting well
since July, and there is a general complaint of shedding. The condition of
the crop as compared with last year is as good to belter in 19 connties, and
not as good in 27 counties, Pickirg has CDmmeneed and will be generaS
about the second week of this moaih (September). Worms have appeared in
35 connties and have done more or less Carnage, the greatest injury beinR
committed in prairies and cane-brake lands of Jiiddle Alabama, where it ia
will remark that where Paris green has
reported as having been serious.
been timely applied it has beea efl'ec oal in destrojieg these pests.

The weather

;

We

—

—

Mississippi. 20 counties 58 letters.
The weather in this state is reported as having been showery up

to about
not. In 7 counties it has been as
has
taken
en hot
favorab'e.
The
plant
13
less
year,
but
in
as
last
favorable
Thelittle fruit since July, and there is a general complaint of £hedding.
good
iu
uplands,
last
year
is
as
the
compared
with
cnp
as
of
the
condition
but not as good as in Ibe prairies and bottom lands, some correspondents reporting it from 15 to 20 per cent worse. Picking has commenced and will become general about the 10th of the month, ail the letters reporting that tbccotton is opening very rapidly. Worms have appeared ia 12 counties, and in
4 have done serions injury, but in he other 8 their ravages have not been K>
great; all report, tiowever, that no top crop will be made.

th=2)thof August; since then dry and

Savannah Department.
This report covers JVor<Acm, Middle, and Southwentern Georgia (being all ol
Georgia, except the 28 counties in cargo of the Augusta Cotton Kxchangc>
and the entire Slate of Florida. The report is prepared and i8sae<l by ihe
Savannah Cotton Exchange, through their Committee on Information and Statistics, composed of J. II. Johnston, J. T. Stewart, T. 11. Austin, W. B.
Wotidbridge and J. deB. Kops.

Georgia.— 79 replies from 57 counties— under dates ranging
from Aug. 26 to Sept. 2.
The wealhe' the past month has been hot and dry; while it has been more

favorable for picking than last year, it has been unfavorable for ihe developthe plant. Up to the 161b of August the plant was fruiliirg rcmarkablv well the dry and hot weather then caused considerable shedding of tlie
squares and bolls. The plan' ;s m^re matured than it was a year ago, and
there is more open cotton in the Qclda and, altUough tlie anticipatioiia oJ a

ment of

;

;

»

:

September

THE CHRONICLR

1876.]

1^,

em

Florida.

— 17

from Aug. 20

replies
to Sept. 3.

from 9 coaatiea

— aader

dates ranging

The weather has been too hot and dry the pa«t month— not &% favorable for
the plant as last year. The c itton was well fruited, but the prospect his been
Sjeatiy damaged by ru!«t. The condition of the crop Is not good, and does
«i»t differ materially from last year, the yield having been mnch below an
•rertgeoue. Picking became general about the 1st ot September. Worms
«ppeu:.>d throughout the State, but on account of the hot, dry weather, did
oo damage except to the top crop on the low lauds.
Charleston Department

corm

the Slate (if S>utH Carolina!, and is prepared and Issned by the
Charleston Ootton Eschange, thr>>u'h th;ir Committee on Information and
Statistics, composed of Jus. b. Murdoch, Chairman, Robert D. Mure, J. W.
liewij), L. J.Wallser, J.

Adger Smyth.

replies received from 29
counties.
Seventeen report the weathrr during the month of Aujust as favorable 24
report the first half wet or showery, afterwa'ds hot and dry; ji report hot
«iid dry 2J report changeable. H report the weather more favorable than for
«aine month last year; ao report it a^ equally favorable; 27 report It less favonbla. 41 report the crop to be well fruited; 11 report the crop as fair In

New

South Carolina.— Condeased from 83

|

I

;

;

thl8 respect

;

33 report the crop a» not fruited

we

I.

From

all

sections there

fruil, and in light, sandy soils it is shedding
upper portion of the State is good, and much better
than last year. In the eastern and southern sections ft is very much injured
by rust and drought, ana its condition is about th« same as last year. Piclting
In the middle counties it has ju?t
faaA not commenced in the uppsr C'tunties.
begun, and in the lower counties, where rust is doing much injury, it is gen«ral. In tlic uo])er part of the State it will become general between the 15th
and iSth, and in the middle counties by the lOih September. No worms are
reported. In conclusion, we would remark that the crop is from 10 to 15 days
later than last year; but the prevailing hot weather and rust (which Is reported in 15 counties) are forcing it open rapidly, and to a large extent before
the bolla are fully matured.

«re reports of the shedding of the

The crop

heavily.

The Norfolk Cotton Exchange (11. S. Reynolds, Chairman Asa Biggs, ^nd C.
W. Gtaudy, Jr., Cuminlttee on lofonnaiion and Statistics) Issnei the lollowing
;

report, covering the Slate of Virginia and the following Counties in North
Oarotina: Rutherford. Lincoln, Catawba, Rowan, Davidson, Iredell, Burke,
Wilkes. Caldwell, Alexander, Divie, Forsythe, Yadkin, Stokes, Surrey,
Bockinghaui, Caswell, Person, Granville, Warren, Franklin, Nash, Wake,
Syde. Pitt, Green, Cartaret, Craven, Beaufort, Tyrrel, Washington, Martin.
Bertie, Chuwan, Pastiuotaiik, Camden, Currituck, Gates, Hertford, NortUamptOQ and Ualifux.
Virginia and Nortli Carolina.— 53 replies from 30 counties in
North Carolina and four replies from 8 counties in Virginia
Seven report the weather good and seasonable; 4 frequent rains 41 too
BMich rain, and 5 report cool nights; 3 re]>ort the weather rather dry 9 the
weither more favorable than st year 15 about the same, and aS less favorthan lai>t year. Two report the plant fruUiug well 10 about the sameas
laatyear. and 45 cot so we'l. Together with the shedding of bolls and forms,
:

;

;

1

Me

;

;

to report the condition of the crop better than last yeir; 12 report the condition about the same, and 33 less favorable, eaused by exce sive rains In
A!i{cu>t, and from the effects of rust. A few report that picking has comaeoced, but most say picking will not be Kenerai until from the 15th to the
SMi at Septemb r. Worms are reported sli^litly in 2 counties, but no damaiie
ia done. The unfavorable features of the month are excessive rains, which
4br<Mght on rust and shedding of forms.

Bags, Bagging, &c. Tiiere has been no movement in
'bafci^ing during the past week, and no eales of round loti> are
makiDjr. We note, however, an increase in tbe demand for conaamption, and tiie market is steady in tone. Holders are quoting
18c., both in this market and in Boston, though we hear that
aome lota might be had at that point a shade under our quotaBags are quiet and nominal in price, at previous figures.
tions.
Batts rule quiet, but steady in tone. We bear of sales during the
week of about t,800 bales, mostly at 3Jc. cash, with some part ot
it told at 2}c. time. Tlie marker closes steady, with holders
ijuotiair 2^'.^j|c., cash and time, aud bagging, quality held at 2^c.
LiTBRPOOL, Sept. 15—3:30 P. M.— Bi Cable from LivbbFOOL. Estimated sales of the day were 8,000 bales, of which
Of to-day's sales,
1,000 bales were for export and speculation.
4,50U bales were imerican. The weekly movement is given

—

«a tollowg
Aug.
:8«le«

week

bales. 3^1,000
3,000

A rnerican

of which exporters took
of which speculators took

roul stock
'

New

2J.000
3,000
3,000
8O'..,O0O

of which American
import of the week
of which American

442,000
35,000

,"Xotai

11,000
9,000

AetMlaiport
AnonntaDoat
of which American

,

303,00*
...
39,000

Sept. 1.
41.000
3,000
85,000
3.000
3,000
304,000
441,000
38,000
15,000
5,000
28!.000

31000

Sept. S.
77.0U0
2.000
4'J,00fl

6,000
8,000
749,000
400,000
17.000
12,000
8,000
27^.000
2i,000

Sept. 13.
53,000
2,000
5,000
9,000
751.000
3t«,000
60,000
10.000
3,000
230,000
24,000
81.000

table will show the dally closing prices of cotton for the weex:
Mon.
Toes.
Wednes.
Satnr.
Thors.
Fn.
Spot.
..@6
mid. Ppi'ds. @f> 1-lfi ..a« 1-16 ..@S 1-16 ..@6 116 ..®«
aCid. Orl'D!'. ®6 3-16 ..I^S 3-16 .(^4 3-16 ..®6 3-16 ..@6 3-16 ..@6 3-16

Tha following

delivery, Uplands, Low Mid. danae, 6 l-16d.
Dec. -Jan. delivery. Uplands, Low Mid. clause, new crop, 6 l-16d.
Uplands, Low Mid. clause, new crop, sail, 6>^d,
shipment.
Dec -Jan.
Nov. shipment, Orleans. Low Mil. clause, sail, 6 8-lCd.
Dec-Jan. shipment. Uplands, Low Mi-J. clause, new crop, sail, 6 i 33d.
JIoHBAT.— Sept.-Oct. delivery. Uplands, Low Mid. clause, 6d.
Oct. -Nov. delivery. Uplands, Low Mid. clause, 6 l-32d.
Sept. -Oct. shipmeots, Ujilands, Low Mid. clause, sail, 6 l-16d.
Nov.-Dec delivery. Uplands, Low Mid. clause, 6 l-16dSept.-Oct. delivery. Uplands, Low Mid. clause, 5 3I-32d.
Nov.-Dec. delivery, Uplanda, Low Mid clause. 6 l-32d.
"TmsDAT.— Nov.-Dec shipment, Uplands, Low Itld. clause, new crop, sail,

:8aTOBDAT.— Oct.

6 l-16d.

Oec-Jan. shipment. Uplands, Low Mid.

clause, new crop, sail, 6Xd.
Low Mid. clause. 6d.
OcL-Nov. shipment. Uplands, Low Mid. clause, new crop, tail, 6 1-Itd.
ViMraanAT.— Sept. delivery. Uplands, Low Mid. clause, S 15-itKL
Oct.-Nov. delivery, Uplands, Low Mid. clause, 6d,
2iOT.-Uec. delivery, Uplands, Low Mid ciaose, 6d.

Oct -Nov.

New

Bxportaot Cotton(balea)from

VorKaloceSept.I, 1876

wxsK

delivery. Uplands,

Same

Birniirs

Total

period

to
date.

prev'aa
year.

ZPOBTKO TO

Liverpool
Other British Porta

Aug.

Aug.

23.

31.

6,583

Total to Gt. Britain

Sept.

Sept.

9,010

4,234

6,417

10,731

3,015

9,020

4,284

6,447

10,731

3,0 iS

610

390

19

890

19

185

'iss

160
S7S

189

135

723

7,322

11.806

8,787

Savre
Other French ports.

999

768

Total Freneh..

999

763

Bremen and Hanover.

Id.

200

97

Hamburg
Other porta

Total to N. Enrope.

97

Spaln,Oporto&Qlbraltar&c
43l(others.

Total Spain, Sec.

Grand Total

7.684

4,481

9,788

The following are the receipts of cotton at New York, Boston,
liladelphiaand Baltimore for the last week, and since Sept. 1, '7<t:

nw TORK.
This
week.

—

Odnny

jSaleaof the
.Vorwarded.

The Exports of Cotton from
York, this week, show >*
increase, as compared with last week, tbe total reaching 7,322
bales, against 4,434 bales last week.
Below we give our usual
table showing the exports of cotton from
York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1876; and in the last column the total
for the same period of the previous year.

in the

Norfolk Department.

'

285

Nov.-Dec. shipment. Uplands, Low Mid. clause, new crop. uU, t l-Sld.;
Nov.-Dec. sh pment, Orlean', Low Mid. claose. nil. 6 l-HM.
Nov.-Dec. shipment, Orleans, Low Mid. clause, sail. 6>id.
Oct.-Nov. delivery, Uplands, Low Mid. clansa. BSI-Std.
Sept -Oct. shipment. Uplands, Low Hid. clanae. 6d.
Dec. -Ian. delivery. Uplands. Low Mid. cl*n«e. 6d.
Thubsdit.— 8ept.-Oet. delivery. Uplands, Low Mid. clanae. S it-it&SiOct.-Nov. delivery, Uplands, Low Mid. claaae, B 15-lM.
Nov.-Dec. delivery. Uplands, Low Mid. cianie. B 15-16d.
Oct.-Nov. shipment, Iiplands. Low Mid. elaue, new crop, sail, BSt-SM.
Nov.-Der. shipment. Uplands, L >w Mid. claaae, uew crop, sail, B3I-4M.
Dec. -Jan shipment, Uplanda, l.ow Mid. claaae, new crop, tail, 6d.
Nov.'Dec. sl'.lpment. Uplands, Low Mid. clause, new crop, sail, 6d.
Dec. -Jan. delivery, Uiilands, Low Mid. clause, new crop, 6d.
Nov. -Dec. delivery. Uplands, Low Mid. clause, 5 31-ISa.
Oct.-Nov. shipment. Uplands, Low Mid. clause, new crop, sail, 6d.
Pbidat.— Hept.-Oct. delivery. Uplands. Low Mid. clause. S 15-ltid.
Nov.-Dec. delivery, Uplands, Low Mi'l. clause, 5 31-3id.
Nov.-Dec. shipment, Uphiuds, Low Mid. dauae. new crop, sail. Od.
Jan. -Feb. shipment. Uplands, Ix>w Mid. clause, new crop, sail, 6d.
Oct. -Not. Shipment, Uplands. Low Mid. clause, new crop, sail, 6 31-3Id.
Sept.-Oct. delivery. Uplands, Low Mid. clause. S v9-3li@15-18d.
Oct.-Nov. delivery, Uplands, Low Mid. clause, 5 15-16d.
Nov.-Dec. delivery. Uplands, Low Mid. clause, 5 li-16d.
Oct.-Nov. delivery, Uplaid*. Low Mid. clause, 5 29-l«d.
Nov. -Dec. shipment, Upiaads. Low Mid. clause, new crop, sail, 5 U-3N.

aionUi aeo will not be r ollzed, there in a prospect of a larger yield througli
<Mt th<! State than last year.
Picltinc becami general in Southwent Oeorgla about ihc S5ih of AugDst, in
atlddlc Georgia aboat the !»t Septciuber. and will become general In NorthGeorgia about the 15th proximo. Worms appearud onljr In Southwest
tXeoi^ia. but little damajo wa§ done by them, except on the river bottom
lanCU. The grasshoppe-, 80 ubnndanc in Northern Georula, mentioned in
onr last report, did no dima^e. There Is consider ible complaint all over the
8U(e of rust on the aandy \tiadi, uid the yield has been greatly cartailed
thereby.

—

:

New

Orleans..

Sept

PHiiansLP'u

BaLTmOBB.

This Since This Since
week. Septl. week. Sept.1.

This ISince
week. SepLl

B08T0H.

Since
1.

....

4.08"
2,724
5,632

2.862
1,933
3 149

^

Mobile

..

.

65

Florida
8'th Carolina
H'th Carolina.
Virginia
Ports
North'

21
^ei!)
481

12

291
1»2

va

12

Tennessee, Ac
Foreign..

90

106
13

184

—

Total this year

10,757

16,t7.!

Total last year.

7,183

11,410

2,402
577
906

5S0

m

,

im

"i's

.•>
80
S

....
....
....
....

....

....

»

181

151

817

....

597

8-:2

369

8-35

161

181

1.2S7

1,385

444

5I5II

348

S80

....
....

• ..

80

99

79

aij

....

....

—

Shipping News. The exports of ootton from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, theae
12,12.5 bales.
are tlie same exports reported by telegraph, and published in
The Chronicle last Friday. With regard to New York, wo
include the manifests of all vessels cleared up to Wednesday
ToUl

night of this week.

Nkw York—To

Liverpool,

per

steimera

Nevada, 3,453

ilily

bale*.

ol
6.447

Berlin, 1,439... .Italy, 1,941. ...Abyssinia, 614

To Havre, per steamer St. Laurent, 690
To Hamburg, per steamer Snevia, 185
New Okleans— To Liverpool, per steamer Jamaican,

8»
186
8,779
1,008

2,779

Baltimore -To Liverpool, per steamer San Marcos, 1,003
Batavia, 273
Boston— To Liverpool, per steamers lllyrian, 199
Philadklpui A— To Liverpool, per steamer Illinois, 541

472
144

•

,-,"^

Total

The

particulars of these shipments, arranged in oar usual form,

are as follows
Liverpool.

New York
Baltimore
Boston

18!)

1,906

«»

M4

544
185

690

11,250

Total

news received to date of
carrying cotton from United States porta

Below we glre

T«tal.
7,822
2.779

472

Philadelphia

vessels

Hamburg.

Havre.

6,447
2,779
1.608

NewOrleans

Severii bales and a quantity of loose cotton ware

12,13S

disasters, ftc, to

all

:

paued An«.

New Orleans,

28 la laL

M* Mf

Aug. 12. of and fjr
mlnote* ; crtw
Liverpool, struck an Iceberg on the 2M. and sank In
saved and Unded at DubUn. The A had a cargo consletlngof 2,«9baleB

ABBrTRAToS,

str., 1,262'

torn. Jackson,

from

»^s

M

oil cake, $?,000
cotton, 144 bales tobacco. 14 hhds. do., 4,212
specie and 1.200 »toT»«. In aU valaed at about $830,000.

Ut

:

.

—

.

:

:

THE CHBONICLE

288
Cotton

—

:

f reiglita

the past

Llrerpool.

,,

Steam.

,

Sail.
d.

d.

BataiilaT...

week ha^e been

—

—

c.

Monday... ?iai3-3-J a-16@ll-SJ ll-16comp.
^esday... H@Vi-&i 6 I6&n-Bi ll-iecomp.
Wedneaday >i@13-32 5-ti^ll-3'i i:-iecomp.
Thursday.. J<{ai3-32 5-16811-32 ll-lScomp.
Riday
M&H-Si &-l&ail-32 ll-16comp.

e.

c.

c.

%®i3-3> B-16@ll-32 ll-1«comp.

SEPT.

Jicomp.

r^comp.

..

Xcomp.

^comp.

At—

..

Jicomp.

Ticomp.
Ticomp.

(Jblcago

..

Xcomp.
Xcomp.

..

Jtcomp.

1876,

9,

c.

c.

..

..

AND BITBB PORTS FOB THK WBBK KNDUse
AND FROM JAN. 1, 1876, TO SBPT. 9, 1876

RBCRIPTB AT LAKB

as lollowe

V—Hambarg.^
Bremen.
Havre. ,<
Steam. SaU. Steam. Sail
Steam. Ball,
.

[S.ptember 16, U76.

:

Flour,

Wheat,

Com,

bbls.

hash.

bash.

(196 lbs:)
S6,°i8

_

Hllwaakee

.

81.M4

Toledo

^comp.
^comp.

S,40«
6,871
t2.S87
23,738
2,160

Detroit
Cneveland
8t.Ijoai»
Peoria

(60 lbs.)

299120

14310

2-)9.:i71

192,741
2,188
6,100

826,282
11.950
890,112
29,050

•74.
15,

1876

Total Jan.

larity,

1

*

50,137

lia,200

(48 lbs.) (66 lbs.)

37,716
6,510

127,551
58,911

700
7,«J»

898

18,258
10,900

8.S31
2!, 330

1.315.053
1,101,903
],63J,ul6
1,469,961

No report,

.

881,080

746,061
848,208
68i,468
511.047

66,409 653
35,270,103
45,8 7,573
44,822,671

17,153,676
15,251,262
19,327,234
81,93S.2V1

1,881,918
2,69-,801
1,163.114

669,442 5,713,963 14,n05,.507
473,164 6,915,401 7,531,587
593,859 11,006.4a 7.426.912
664,550 15,201,312 13,709,976

223,557
116,200
18:, 193

170^61

71,185
78,871
84.634
35,936

.3,431,205 l.-WI.OOa

2,018,796 l,9i0,6r&
J,8(0,7i4 1,0:8,760
3,n°,928 l,104,07e

3,821,967

462,761

4.5!il,891

46.3,5il

4,619.971
4,400,269

610,531
748,232

369,687
419,516
841,613
400,299'

t Estimated.

AMD ORAIN AT 8BAB0ARD PORTS FOR TnB
WKKK ENDED SEPf. 9, 1876.

RECBIPTB OF FLOOR

Flour,

At

bbls.
78,667

New York

but no importauu change.

The wheat market has been moderately

96,808
99.949
70.722
102,481

to date.3,«05,2I0 32, '.88,101
3,106.083 3).J»6,659
4,138 090 53,969,631
4,2;12,:«5 40,331,341

Same time 1875
Same time 1874
Same time 1873
ToUl Aug. 1 todate
Same time 1875
8amet)mel874
Same time 1873

The flour market has been active and buoyant, quotations
Bhowicg a further advance of fully 25 cents per barrel, and, in
aome cases, more. There appears to be some speculation, but
most of the business has been to fill orders, and the sales of the
week have amounted to about 100,000 barrels. All grades have
shared in the improvement, but straight brands of Minnesota have
rather led the market, and flours from winter wheat have
improved least. Production has been large, but no accumulation
of stocks Ib reported. Rye flour has also advanced, and corn
meal met with an active demand. To-day there was some irregu-

67,984
»7,73»
20,942
18,%60

Rye,
bash.

....

Total
Previous week
Oorresp'ng week,'75.

riHDAT. P. M., Sept.

)
a8«,'*8!l

170,868
1S7,90D

DulEth*

BREADSTUPPS.

(32 lbs

(56 lbs.)
1,367,799

178,165

Barley,
bush.

Orla,
bash.

Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans

active, at steadily ad-

vancing prices, especially for the better qualities of spring. Millers have been much in want of stock, and from necessity have
been free buyers of new winter wheat, part lor arrival while
old winter has been taken moderately for export. New spring
wheat is as yet sparingly offered, but we have the report of the
sale of a boat load of No. 3 Chicago at |1 15, and we revise quo.
tations so as to cover the new crop, giving a very wide rangeThe new No. 8 spring is much praised, but new No. 1 is regarded
;

•36.';35

Total

Prevlonsweek
Cor.

week '75

Total Jan.

1

Wheat,
bush.
197,271
15,283

5,403
21,965
81,100
31,334
14,437

143,611
93.600
127,500

211,883
iOJ,4B8
:7i,762

682,980
441,424
1,233,882

....

710

Com,
bush.
1,099,651

23;,900
2O..'50O

l'j9,739

311.900
5re,8C0
2',0i0
2,'i01,5!0

2,397,719
1,417,856

Oata,

Barley,

KB Bomewbat deficient in color. Receipts are now increasing, but
»re still below last year, while stocks are mostly of poor q'lality.
To-day the market was very quiet, but firm for sound samples
poor wheat neglected anH lower.

Eye,
bush.
55,621
1,200-

1,103
....

691,0.'8

6,133,200 34,030.092 36,610,;.« 11,782,3:9
7,179,155 43,883,791 •10,35:!,749 13,1.35,28)
6,031,033 23,771,511 36,';09,614 16,;63,U8

Sanietimel373

10,300
10,100

415,?89
419,963

to date. 6,266,005 23,43!,863 61.392,233 16.567,673

Sametimel875
Sametimel874

bush.

bush.
124,930
35,400
7,500
131,531
93.810
25,003
21,1.0

4,000

21,700

60,83?

20.40.1
.38,725

.5f,760

2,79!,419
3:9,631
756,573
1,236,641

2,200
484,641
195,021
6';4,12»
776,532.

THE DaY GOODS TRADE.

;

Friday, P. M.. Sept.

Indiaa corn has met with a brisk general demand, and prices

15, 1878.

The package trade in domestics has bten less active the past
medium qualities of
mixed. Recent receipts of Chicago corn are in much better con- week, but prints and dress goods continued in spirited demand
dition, and on Wednesday fair to prime steamer mixed sold at and there was a fair hand-to-mouth movement in woolen good^
showed a hardening tendency,

especially for

men's wear, and also for flannels and blankets. Jobbers have
had a Lusy time supplying the wants of retail buyers from all
jobbing trade
Bye has sold at 76@78c. for prime new Western, with State parts of the West, South and Southwest, and the
bas a more encouraging look than at any time since the panic of
quoted at 85@88c, but the market was rather unsettled and
1873. There is an utter absence of speculation despite the addrooping.
vancing tendency of the market, but buyers evince more liberality
Barley has sold to some extent at private prices, but it was
There were some interin their transactions than in late seasons.
that
buyers
had
the
advantage.
understood
White beauB have
esting events in the auction rooms. The New Brunswick Carpet
farther advanced. Canada peas have remained quiet and nominal.
Mills
out
of tapestry carpets,
55@56c. To-day there was a further advance
close comparatively quiet.

for

but the

of 1 cent,

their entire production

closed

Oats of the old crop, if of choice quality, have brought extreme prices ; but the receipts of the new crop have been mostly
deficient in weight, and sold at a wide range of prices, unde^.
which quotations exhibit much irregularity.

The

following are closing quotations
ITtOUB.

tapertlne State

4b

Ubaix.

I

Wbbl |3 00®

Ho. J

3 65

Wheat—No.3 sprlng.bash

]

Weel-

No.

I

ern
4 00^4 50]
Extra State, Ac
4 50© 5 15
Western Spring Wheat

do XX and XXX
do winter X and XX..

4
6
4

753
26a
86a

5 101
6 51
7

«

—® —

1

...

1
1
1

Com-West'n mlx'd

1

Yellow Western,

TJneound and sour flour.
City shipping extras. .. 5 00® 6 001
City trade and family
brands
65*3760
Bosthern bakers' and family brands
6 60a7 75|
Southern shipp'g extras.
5 25® 6 00
Bye flour, saperlne
4 SOa 6 20
Oommeal— Western, &c. 2 rO,-g) 3 00
CPom meal— Br'wine. &c. 3 25(8 3 30

Southern

I

.

I

I

Rye
Oats— Mixed
White
Barley— Canada West...
State, 2-rowed
State,

I

The movement

1

No.l spring
Bed Western
Amber do
White

I

extras

S spring

1

1 03
1

18

15a
05a
27a
25a
5)a
E7a
65@
Via
35a
38a
00®

1

25
25
32
35
68
59
60
65
47

....©

4-rowed

Malt— State

(

Barley

1

Canadian
Peas-Canada.bond&free

in breadstuffsat this

90a
09!;

...

.

1

9'®
75a
CO®
97a

market has been as

1

1
I

"

1

10

....
1
1
1

1

00
00
15
^0

fol-

iews
-BBCXIFTS AT
,

For the
week.

nonr,

bble.

HBW TOBK.

187S

78,126

,

Since
Jan.

1.

,

1876.

Since
For the
Jan. 1, '75. week.

2,668,955 2,403.205
6,':55
O. meal, " .
135,873
98,849
Wheat, bus. £0 .243 18,506,2)6 19,901,853
.Oom, '• .1,133,848 n,-a69,731 15,733,655
" . 41,601
763,f.84
Rye,
)0S,660
.liKley. ",.
4.%121 2.508,753 ,1,312,335
.DMi. ...*'. 215,213 8,181,458 5,8ii0,433

S9,M3
2,937
118,143
509,802
32,183

233

,

Since
Jan. 1.
1,378,642
125,872
18,79?,694
11,953,599
114,256
9,165
453,4S3

.

1875.

For the

,

week.

Since
Jan. 1.

25,'J81

I,.'i07,6:i8

3,001
124,693
690,183 18.73 ',l-;0
26'J,R0 8,673,697
152,833
110
312
83,770

The following tables show the Grain In eight and the movemeat ol BreadstuSii to the latest mail dates

to

2,000 pieces, together

woven druggets,

to

;

—

jeans

NBW YORK.-

-BXPORTS I'ROX

,

with 30,000 square yards
good advantage and 760 cases felt skirts of
the manufacture of Messrs. Bennett & Smith, and Mr. W. E.
Doubleday, were sold peremptorily, but brought low prices. The
above sales were very largely attended by buyers from all the
leading distributing points, and their spirited competition indiProduction of prints,
cates the improved condition of business.
print cloths, and other descriptions of cotton goods has been Materially checked by t'he scarcity of water in the manufacturing
districts of New England and elsewhere.
Domestic Cotton Goods. The demand for cotton goods for
export has been less active, shipments for the week having been
only 833 packages, of which 800 packages were sent to Qrea^
Britain, 170 to Hayti, 73 to Mexico, 53 to Argentine Republic, 49
to British Honduras, and the remainder iu small lots to other
markets. For the home trade, brown and bleached cottons were
in steady request and firm at current quotations. Cotton flannels
continued active, and low grades are sold up to production.
Cheviots were in good demand, and there was a moderate inquiry
for tickings, denims, hickory stripes and dyed ducks. Corset

amounting

moved

slowly, as the large lots sold at the

May

trade-sales

have not yet passed into consumption. Rolled jacconets and flatfold cambrics were more active ani steady at the late advance in
price.
Grain bags were fairly active, and cotlon batts which
are in light supply were freely distributed. Print cloths remained quiet but firm at 4^0., 30 to 60 days, for extra 643, and
Prints continued active with both agents and
4§e. for standards.
jobbers, aud the supply in first hands has rarely been so small as
now at this time of year. Qingliams and cotton dress goods
were iu moderate request and steady.

—

—

——

:

S.ptemLer 16,

THE CHRONICLE/

lfe76,]

2tv7

Bspvria ul l>»a<tlUK Ar(i«iea (rum !>•«« Vum.
DOMKSTic WooLBN QooDS. Tke principal demand for men'sThe following table, oompileJ from Custom Uouaerelurns,
wear woolens has been from jobberK, whose purchase!*, allUough shows the exports of leading articles from the port of New
Vork since Jan. 1, 1876, to ail the principal foreign countries,
individually smftll, reached a considerable aggregate amount
Cloth and dry goods jobbers report an improved demand from and also the lotalt for the last week, and since Jan. 1. The
Uet two lines show (otai sa2u««, including the Talue of all other
retailers and tailors in the iuteilor, and altogether this branch of
articles besides those mentioned in the table.
the trade has a more encouraging look. Good styles of fancy
cassimeres were in steady request, but old patterns are difficult to
it
move with ordinary price concessions. Worsted eatings met

—

s

with liberal sales for the time of year, and faced beaverj were
taken In moderate parcels for cloaking purposes. Cloths and
doeskins were rather quiet, but Kentucky jeans showed a little
more auimation. Ilnpellents were in moderate demand, and a few
lending makes were advanced 2ic. per yard upon opening prices.
Flannels and blankets were more active, and the prevailinjjf
Worsted dress goods
drought has checked their production.
were freely distributed, and there was a fair movement in woolen
shawls and felt and Balmoral skirts. Fancy hosiery and kbit
woolens were in steady request, but shirts and drawers ruled
•quiet, and prices are depressed.
Foreign Dhy Goods. There has been a better demand for
imported goods from first hands, and the jobbing trade has been
active in some depirtments.
Dress silks were in steady request,
and are firmly held at a material advance upon the price of last
season, as are velvets and ribbons.
The advance on manufactured silks in Lyons, France, has been from 25 to 4-> per cent
within the last few weeks, owing to the scarcity and high cost of
raw silk. Black and colored cashmeres, drap d'ete, alpacas and
pure mohairs were in good demand. Linen goods continued
rather quiet, but laces and embroideries were in steady request.
Woolen goods for men's wear moved slowly and in very small
parcels.
Hosiery was fairly active, and there was a moderate inquiry for leather and fabric gloves. An important auction sale
of 50,000 dozen bosiery and gloves was held by order of Messrs,
Wm. Lottimer & Co and the goods were very freely taken at
fair average prices, although leather gloves sold low.

a g UK's s's ""i^ J? ss^-g's'sas

2

.f-5g?2

—

mm^HnvMH^ i28Sli§IS:2ll is

-

•

=i

:

5' 2 « -='S2 ss'a ^g's^Ir^'^ag 4

_ a* •-

.

.

<::.

.9

^o

SJ Xf '«

:S'?S:

tSizZCKtS-^
- n O oD •"

*-•

ao «9

jXJ

•

:

nr-

?383

:5S

:

Sss

:

:Sg

:S .S-rSSJSg

:

35

iS.'SSS'^sa

;S ;S :S .e .8

""Is
n-«3aO

»

•
I—
*v

'^•

^

•* '

,

Iimportallous or Dry Gooits.
ot dry goods at this port tor the week ending
and for the corresponding weeks of 1875 and

The importations
-Sept.

1876,

7,

jt;iS

:

!«'

•

tsa

:

-.SSSSS

-

.

:S :5 :S

S

"

-i
'-"

f:

=§i^3SS5oSU2 |3
a- " "S «" grf
:

1874, have been as follows

arusD

FOB ooNguarTioR »ok th« wsek ndins skit.
1874

.

,

PkK«. Vslne.
iunafactaiesot wool... l,%^t $531,021
do
cotton.. ],013
SSTjISl

do
do

Bilk

7»t
946
417

daz
l[lscellan«ona dry goods
Total

4,

187.^

,

Pkes.

Ifis.l

$616,181
3!2,83S

1,175

ICi
6j1
491

5

ICa 11,809,017

.0 ••
» *»
10 T
3 .«
*3

IS^S.

.

S«4,t'.l
14;l8I.i
la.'.SS'J

4,110 tl,798,-203

3,417 tl,438,Ut

irrraDHAWH raoii wabbhoosi amd thkown ikto thb makkit Doams thb
SAMB PERIOD.
Hanofaetarea of wool
l,a37
$30 -..314
t5S?,016
710
906
t:8S.16t
do
cotton..
.°3l
107,331
874
60.4)4
360
75,903
do
silk
Ill
150,006
li2
i*-,o:9
200
18i,««
do
4^7
flax
121,00J
401
74,:o;
433
9»,9H

UUcalUneODa dry goods.
Total

&ddeot'iroicoaenmpt'n

209

22,271

73

22,till

25'J

2,379
4,421

»93S,635

1,613
4,410

$611,315

1,609,017

1,798,205

2,019
3,417

Total thrown aponm'k't. 6,801 $2,74J,65J

«

.

Vilne.

1.1-Sl

SU1.4:tl
200,9.56

T,

,
187«
Pkirs, Value.
1,W3 $40I,03i
I82.-'i71
717
5:0
4;i8,;67
8i9
1,",6,C8J
286
107,091

.

6,043 12,109,550

38,187

-•

O'^o* .^o-o-* •0,5—
oc*.- •r-'C^-eo •04nt*

•

.

ceo
r:zi

/

1

-^

ess"
5
"

S

J

.

^1

:
i

i

•

•
•

-tC t— TO

•

•

:

iiS

•

t

>

:-5

-O^O

•

osea

•

r

:

.03

3

to

« 2S

KS

•

.

r

ii::;SS:gi
« is
—

2-

"rf

$776,789
1,

196,141

5

- TF »

•

I-

»

:

ills

:

:

:

:g

:

•

'Oiifi^v-

at

Qo e*

6,476 $J,06J,930

bntbrbd roB warbhousimo DuaiNe samb pbriod.
Htdafactaree of wool
^31
do
cotton.. 284
do
Bilk
104
do
flax
518
macellaneons dry goodp.. 45
Total

1,7C0
4,122

^ddent'drorconenmpt n

•-••or

|3;i«,f63

417

$n9,!94

330

J1S6,3I1

6M61

221
63
3)4
S4

60,667
107,011

115

30,:6'i

181,291
log.961
34,886

53

53.318

261

65.:i7ii

15,268

22

9,511

rei
3,417

1,-236.111

7-2,713

$82-2,571

l,1.i9

»t31,S71

1.8(19,017

4,410

1,793.'205

Total entered »i the port. 6,122 $3,431,2e8

5,5fi9

:a

i

same

:

:S

:

:SS

:

:§

:

:s

:

;

<B

•

•

:

£s
rfuj-

$300,916

:8

:2 :S

:

o"
4,193 $1,387,0;7

:aS

1878,

and

'c»

for the

:

'O W

^

o>

"o

-JO

•

:

O^

*°

.-,

to

i,

)

(_ "

i-_ ri

•>.

"^C*

'

•"•

:

Ashes

pl'gs.

Since

Same

Since

time 1875

Same

Jan.1,'76.

Jan.1,'76.

time 1875

4,333

5,885

Pitch..
Oilcake....

2,659,995

2,405,-;0-.

Oil, lard....

BreadBtnffa

Flour

bbls.

Wheat

bush.

Corn
OatB

Rye
Barley and mall.
Graas seed.ba^.

Beana
Peaa
C. meal
Cotton
Hides

bach.

6U,3«4

2't0,6-2."i

bbls.
bales.
bales.

! 35,37;
600,600

9!,819
382,624

Lard
Lard

•2.197

1,991
1,850.119

Rice
Starch

bfiles.
.

Cr. tnrp. ..bbls.
Spirits tnrpes...

320,8-21

Oatmeata
Kgga...Pork....
Beef. ..

No.

Hops

Pkgs.

i.S«

I,il9,33->
54,2.i»
4-2,925

Leather. . aldea
Molaases ..bhd».
Molasses.
bbls
Naval Storeo

.

Pcanata. .. ..bags.
17,269.731 li,731.6.M Proviaiona8,0;4,45S 5,890. 13-.
Butter ... .pkgs.
763,ii*4
lO'i.SfiO
Cheese...
IS,i06.-276 19,9.1

2,78«,7S6
41,9 6

10,

uw

2,9:;9,'J8:>

2,7!i,8!2

in

T.PI

40, !4^

23,795

2 8}f
5?,8«i>
^7S,:^.^7

14,07;

.

,

656,792

1.419,121
361,619

1,511,1-25

B9,w80
848,000

pkgs.

26.598

.bbls
.

pkgs.

Wool
Dressed Hnirs.. No.

116.381
1,S.4.'.9

107,459
9,372
15,188
851,1:19
5:l,2i6
1.1,i07

98, iC!
95.3S-JI

57,1«5
.3^5^3l

9*

*l

•

ifi

«-5 2

5il

-4

•

O lO O 9> ;^

''*

<

''ui

:

22 V
49*21

»-

*

S2SS~-"=?"B?B5VSSr!S5
?Ss5:S:= « t» C

232.167

423
44,173
158,613

3

o

(N

8-!5.:51

8.53.406
17,.3I0

.hhds.

1

361,27;
191)14

835.480

14,8!lJ

Tobacco .
robacco
.hh<ls
47.8« Whiskey... ..bbls.
6,73

162,685
4,791
41,608

.kegs.

Stearine....

Tallow...

6,837
41,674

432.>«40
119.6841

Sn^ar
Suiar

S3

s-.gi

•2,85S

.

5,508,7Vi
8>,C0J
69,405

bbla.

Hemp

Rosin
Tar

1,

:

:

$3,233,077

receipts of domestic produce since Jan.
time in 1875, have been as follows

:

of

Receipts of Domestic Prodnce.

The

:

n

^^ 5 I3 >a Cs 3m 3«H

f

b
s>

6

l-29.7?«

48.82J

ij/js

•

:

•

:S
a

.

.

:

.

i

:

:

:

^^S

9

•

.

i^i

t93l3oo»<r

:S-?-

:

:

:

•sci

.«ut;

:

:

it'-

36,01!
1U.5>>3
4S,l'5i

a •

&
a

ll.l.ttl

1-2.1

tt

IK'

*-°..o

*B

-2

"g

iUi
eSs'.

a

IHE CHRONICLR

283
UENBKAL
PRICES OURkENT.
&8HBB—

Croton
Phtladelphla faclug
C'<me»t— liiseDilale

—V

)

CO
1)0

50
IS 00

2j

I'O

SO 00

i««m6«r— Soutiiera ftiTcV M leet.
White pine box hoards
White r>Inemercban. box boards.

20 30

Kocklaad, fluUhing

.

1 25
82 00
18 00
21 00
55 00
4S 00
15 00
32 00
18 00
E 10
6 SI
5 35
8 35

15 Of

»

00

JUOO

walnut

Sornce boardB& plaiikB
Hemlock boards A planka

IS 00
14 00

JfaUa—'.0<aWii.com,teB.& sh-V keg

Cllncb.ix to Sln.Alonger

4

'60

tdnne
Calsplkes.allaizea

Joints— Ld.,wb.Aiii. pure. In oil ^ ft
Lead, wn. , Amer., pure dry
Zinc. wh.,Amer. dry. No. J
Elnc, wh.. Amer., No. 1, In oil
Paris white, Bng, prime eoldVlOOID

.•!

bj

43 00
40 00

Clear pine

Oakacdash

lOH
9

e

6i

a

21

a

'a

<•

1

Prices)—
Palls, State, fair to prime
IP lb.
Weetern crcamVry, fr. to p'rae. "
H't flrk..tub!.State. I'r to prime "
Welsh tube, com. toselected... "

I

^>i
12
50

Llyerpool gar cannel
Liverpool housocannel

003
008

10
15

Aup. iQ. ai lollows:
15,000 tons lump
15.0C0 tons broken (grate)

2 50
2 45

it'Ji

4S,U0t.>

..

tOJS chestnut

00
65
00
20
2 2g

a
®
a

@
®
e

00

2 85
3 00
3 50
S 2>
3 90

Laguayra
6t. Liomingo
BavaulUa
Costa

lilca

3

».

4'i>i

line

••

1:14a

"

18

»

isx

"

20

•'

16
15
16

a
e

22
17

f.j

n

"

a

"

gold.
gold.
gold.

"

I4xa

"
"

16

Braziers* (over 16 oz.)
American Ingot. Lake

....9

32

isva

19

B.

IS

Castoroll.B.I.lnbond. Vital. .gold
* 100 lb ••
Caustic soda
"
™3hloratepotasli
fib
"
•"jOChlneal, Honduras
**
Cochineal. Mexican
CreaiE tartar, prime Am. & Fr. "
cur.
Cubebs, East India
gold
Jutch

1

S0.8

OOi

..

a
IS
a
n a

I4

l^a
5

gold,
cur.

Qeorge's and Grand Bank cod,pcwt
Mackerel No 1 V(. shore (ne wlpr.bbl
Mackerel, No. 1, Bay
Mackerel, No. 2. Mass. shore (new).
Mackerel, No. 2, Bay
,

V

lb

1

29
85

....

do
do
do

per 50lb.irai]

Layer
Loose Muscatel

Sultana
io Valencia
Currants

perlb,

Canton

iJi

Sardines,

hi.

box,

Sardines,* or Pox
Macaroni, Italian
Domestic Dried—

52
50
75
30
0,1

i:

a
a

00

15 00

6 00
ij

00

None.

a

E 00

10

00

17

a

4 ^0
1 PC
1 93

a
a
a
a

13

a

6

V

case,

|>

lb

Feaches.pared.Ga. pr. andch.(new)
do nnpared, halves and qrt
Blackberries
Raspberries
Cherries
Plums.,.,
report under Cotton,

H a
a
a
:SX3
a
6 a
5 a

' 30

•
"
'
"
"

"

1

"

-.

"

3

7

liid

a

11

6Xa
7wa
25
.

13

a
a

gah

ft

"

»

Pork, mess
Pork, extra prime

Beef hairis. Western
Bacon, City long clear

IS

X

.50

;

90

4 25

a

93

14X«

—

15
80

II

UK

8 00

1000

"

25 50

* »

1

®
a
a
a
a

s«
8X

Melado
Uav'a. Box,D.
do
do
do
do
do
do
do
do

5
8

!>«

9«
HX
<M

HH

S'A»

S),-

a
a
a

9*
»«
KH
t*

ll)ia

JIM

sx»
5
9
3

_

._

11*<

IIX
IIX

v%
WX

».

6;^©

....

,,..a

8 9-16

*B

a
a
37 a
S5 9
ao a
25 a
20 a
16 a
12!<a
27 a
29 a
•"
»
a

^-STXAM

ToLitbkpool:

va.
bbl.

Heavy goods. .V ton.

OU

*

41
37
-0
88
S5

34
3*

S8
23
18
15
80
33

n

tun.

Garn.blk&bgs. V Im.
Wheat, bbiKdt bags..

s.
4

rf.

b.

.

d.
13-32

16

xa
0®..

27 6
...

3

350
ai5
%....

"MA....

Beet

V

tee.

6 3

Fork

Vbbl.

4 6

«
a

SMA
.

8!!^

Silt«.
x.d.

5-I6(*
3
22 69

a
a

7

a
•
a

^>i9

Dupont's
SPORTING, SHIPPING AND MININft

POWDER.
DUPONT'S

GUNPOWDER MILLS

(ESTABLISHED IN
Have maintained

1801

)

their great repntatioo for 75 years.-

Manufaclare the

Celebrated E^^OLE DUCKI]V«^

EAGLE RIFLE, and
DIAMOND GRAl.^J POWDER.
The moat Popular Powder

in Uee.

Also,

S2

15

FREIGHTS—

»

K%

"

VB, gold, net

Sheet

Cotton
Flour

....

^Hi

Smyrna, unwashed

STEEL PENS.

So-'J by all dealers tlirougliout tlu IVorld.

GUNPOWDER

lO'M

lOJ^

ZINC—

JOSEPH GILLOTT'S

IIH

a

'
Eastprn
Texas, fine,
"
Texas, medium. Eastern

street,

YORK.

lOHa
11X3
loxa

:o«a

Booth Am. Merino, unwashed
Cape Good Hope, unwashed

NEW

Gunpo'wder,

joffa

unwashed

337 and 339 Canal

10K

otfA
dr.
do
White extra C
do
fellow
Other Yellow

Coarse

miLWARD'S HELIX NEEDLES.]

i%
i%

V.Ha

Medium

Bro.

8«a
i%9

lli<a
ltj<a

Extra, pulled.,
No. 1, Pulled

&

s\

cut loat
ilo
Soft white, A. standard centrll...

California. Spring Clip-

George A. Clark

lOX

a
a

i\H9

2

In stock.

an

7* a

Nos. i@»
do I0al2

*"

Widths and Colors always

00

1X9
8xa
9 a
iHa
9X«
9k®

grannlateu

all

No. 109 nnane Street.

—

,...?> ».
"
Io fair refining
"
do ^ood refinuig
"
do prime, refining
do fair to choice grocery.... "
do centr.hhds.ft bxs, Nos. Pais
.VB
Molasses, hhds A bxs

do lSai5
do 16@18
do 19@iO

supply

11 oj
26 00

lOit

8.

fall

17 10
....

15W.

.--

United States Bantins Companr.

;«)

9K»
«

CuPa.lnt.to com. refi^'ig

STRIPES."

20
u4
SI
10
67
57

....a

"
"

kinds of

4!X
1

a

'*

Burry

is"

70

IS

Superior,

SX

1

2

90

"

"AWNING

A

a
a
a

,...

*•

all

Also, Agents

a
a
a
^
a
a

—

"

Bcel, plain mess, new
Beef, extra mess. *'

And

COTTON CANVAb, FELTING DUCK, CAR COVKB.
ING, BAOGING,RAVENSDUCK, SAIL TW1NB8
*C. " ONTARIO" SEAMLESS BAGS,

8 75
2 75

38
15
53
83
75
65
53
25

bbl. 17 SO

Pork, prime mess

Amerlcan XX
American, Nee. 1 4
American, Combing

6
22

39
4^
4i
40
68
58

Co.,

COTTONSAILDUCK

....

26

WOOL-

's"

14

1

"

,.

Western

2 8J

7 60
20
13

5 00

gal.

f)

Prlineclty,
18

a
a
a
a
a
a
a
a

a
a
^
a

1 75
2 75

TALLOW-

None.

4j^a

State, sliced
do quarters

BDNNIK8.— See

"
"
"

L.l.S.

Crude, in bulk
C&«cs
Refined, standard white
Naphtha, City, bbIs

do

19

65 00

bbl. 2
a
2*25 4
"
"
2 12X9
* gal.
Siiit
strd.V bbl. 1 5TH»
No. 1 "
2 10

Spirits turpentine
Rosin, strained to good
" low No. 1 to good
" low No. 2 to good No. *2
" low pale to extra pale..
••
window glass

&

ManafacturerB and Dealers la

4

ds it 10

a

M

V

Tar, Waslilngton
Tar, Wilmington

Be«n«d— Hard, crushed
Hard, nowderei

41

2

i'i

3E
40
49

Java, do. U.S., .N8s.10a.12
Manila, fuper'or to ex. snp
N. ().. refined to grocery grades......

8
73^a
Store Prtcea.

5va

Apples, Southern, sliced, new ..yib
do
do
quarters,"

do
do

1

83

S3

"

....

..

—

white
do
do
Porto Rico, refining, com. to prime,
grocery, -air to cnoltv..
do
Brazil, bags, D.«. Nos. 99 11

5j<a

nger

V

2

a

21)^;d

Dates, new
rig3,layer

17

1

a

Citron, Leghorn (new)
Prunes, Turkish
French..
do

31

a

a
a
18i<9

FBOITBalslas, Seedless

28

a

a

FLAX-

North River, prLme

36X

20

"ii

"

19
19

16H3

OJ

,

1

25}ia
1

Brinckerhoff, Turner

12

3\a
41 00
63 00

SOGAR-

15

2
5 25

2.10

FISH.

"

Hams. smoked

5

a
a
<3
a
a
a

30
25
27

...

29 00

11J<9

••

Lard, City steam,,,.

9X

a

1 10

4

'*
Khabarb, China, goo.l to pr
8al soda Newcastle ^ loO lb ^ol d
'«• lb.
cnr.
Shell Lac
*i,100 ». gold
Soda ash
Sugar of lead, white
V lb.. cnr.

,

31V

a

5

(In bon'l), gold.
Opium, Tnikey
Prttsslate potash, yellow. Am. .cur.

common

45

'^9%&
9

cnr.
'

Quicksilver
Quinine

43Ka

4,

*'

NutgallB.blue A.lepno
Oi; vitriol (66 Brimstone)

a

70
SO
23
60

4

2ixa

••

Madder, Dutch
Madder, French

2;"

a

a

4 25

•
"
"
.gold

.

v;

31 50

a
a

3

*•

Jalap

14

75

1

...a

cnr.

Glycerine, American pure

4 i'iii

11149

'•

Vitriol, blue,

3

(0

35

.

.

"

PKOVISIOHS-

8>iS
4

'

9ambler

22

23M

"

.

Demerara
Porto Kico
N. O.. com. to choice

Whale, Northern
Sperm, crude
Sperm, bleached winter
Lard oil, prime winter

2X

a

16
25

48
....

a
a

.llllls,

Woolen Co.,
Ctalfopee Mfg Co.,
Ellerton New ITIIIlii,
itaralosa Victory Mfg Co.
BOSTON.
NEW TORK.
15 Chaumcbt St.
& 45 WniTE Street.
PHILADELPHIA,
J W. DAYTON, '230 OHXSTilDT StbRXT.

00
....
V) 00 ai20 10
75 10 aiSO 00

"

PBTROLEtIM—

refined

,

gal
"
"

Neatsloot
Whale, bleached winter...

31

tilcorlce paste, Calabria
Licorice paste. Sictlv
Licorice paste. Spanish, solid.

Cuba, centrifugal and mixed,*
Cuba, clayed
Cuba, M us., refining grades..
do
do grocery grades.
Barbadoes

a

32

....

Steel rails

Menhaden. prime crude

<»

Qlnseng

27 50

19

...

Camphor

00
19 00

PHII.APBI.PHIJ1.

St.,

Biirliiiiiton

60

a
a
a

NEW^ TOBK,

St.,

AGENTS FOR
Waslilnston

5 40

...a

.'.

14^

....a

gold.
Argols, crude
'*
Argols, refined,
•*
Arsenic, powdered.
Bicarb, soda, Newcastle. V lOOB •'
Blchro. potash
f) lb cur.
••
Bleaching powder
IP l.O B.
gold,
Brimstone, crude, per ton
Vlk..cur.
Brimstone, Am. roll

B

ton. 22 00
'iO

Cotton seed, crude
Olive, in casks * gall
Linseed, casks and bbis

Sheatbing.new (overl2 oz;

COTTON— Bee special report.
DBUQS H OYKS—
Alum, lump. Am

lOU

»i

OILS-

1;

e

15

* B,

Bolts

isx

*•

goid

COPPEK-

»

Pig, American, No. 1
Pig, American, 1.0, 2
Pig, American, Forge
Pig, Bcotcn

Pltcl.. cltv..

f

2 90

kegs

in 25B

BOSTON,

E.R.Mudge,Sawyer&Co

5 40
S 40

NAVAl, 8TORES-

COFFBE—
Ulo, ord. car.OOdaysandgold.
do
gold.
do fair,
do
Kold.
do good,
gold.
do prime, do
gold.
Java, mats
gold.
Native Ueylon
gold.
Maracaibo

a02 Chestnnt

2 96

liegs

MOLASSES11

16 00

(i

2
2
2
3

181

rifle, FFir, FFFg. liXlb kigs
ilfle, FFFg, FFg, and Sea
SbootingFg, l.'HB kees
Orange r fie, Fg, FFg, FFirg.23B keis
Hazard's Kentucky rifle, Fg, FFg, FFFg, 25B

Hoop

Auctlor. Bale

30,000 tons steamboat
90,000 tons gr.te
107.000 tons e.t;
195.000 tons stove

Shoot ng Kg. eWBkcgs

DupontV

rifle

Fabyan,

Street,

and 73 Tbomas

71

Hazard's Keitucky

Scroll

a
9X»

COAL-

48
48

FFg. FKFg, 6V, Bs
161
rifle. FKFg, FFg, and Bea

Sheet, Russia, as to assort, .gold mt
Sheet.8lngle,douhle& trel.le,com.
Ralls, Amer., at Works In Pa, ..car.

9

**

100 Slimmer

Store Prices,

a »
ii »

Vlb

8 61
7 21
7 21

Hazard's Kentucky

Dnpont's

&

3 61

.

North River shiop'c;

Bliss

DET GOODS COMMISSION MERCBAHT3,

3 61

Duck Shooting, ,vo8. t to 5 gr., 12Hlb8
HazarJ't, Kentuciiy r.fle, I'l oval lib cans
Liupoui'srine. Kk.FKk, FFFg. IB cans
rifle,

Wright,

03
73
78
73

1

DuLkShuoting. Ncs. 1 to 5, in6>4ibkegs
Eagle duck sliootlng, Nos. 1 to 3, in 6)i, lb kegs
Orange ducking. Nos. 1 to 5. In 6t4 lb. kegs.
Eagle duck snooting, Noi. 1 to 3. 12J^1b kegs,

Dupont's

03

1

101

Bar,Swede8,ordlnary sizes. .V ton. 130

CHBR8EWestern, good to prime

8 40

IKO»--

IIHS

BOTTER— (Wholesale

State factory, fair to choice

12 90

do
do
SPORTINO.

Saltpetre

10

ISO

IP

Commercial Cards.

BLASTIXe FOB RAILROADS, &C,
Sola, any tine grain, ln251i kegs
Electric. Vos. : to 5gralu,ln 1 & sq. cans
Diamond grain. In lib cans
Orange iigtitiilDg, Nos. 1 to 1. In lib cans
Sai*erQiiu eagle spor;tn;t, In lib oval cans
American snorting, in lib oval cans
Orange ducking, Nos. 1 to 5, in lib cans

bbl.
bbl.

Lime— (iock\&a<\, common

[September IG, 1876,

8USPOWDER-

» a

Pot

BBSADSTUfTB— Bee >pecl nl report.
BUILDING MATKUIALSASc*«— Common Hard, afloat..* M

Blacfc

.

rf.

II-S2
....

35
...

•

....
...,

..^

SPORTISG, MINING, SHIPPING AND BLA&f
ING POWBER,
Of all kinds and defcriptlons.
For sale in all parts of the country.
by

Bepresented

F. L. Kneeland,
70 uraU Street, NE1V

TOBK»