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HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
NEW
15.
lYORK. SEPTEMBER
Financial.
^bociltsetnents.
Advertisements will be pnhllglied &t 20 cents per
line for eacli insertion, space being measured In flffHte
Hues to tlie bicli wbeiidennlte orders are given
tyjte.
for
U
or twelve months,
Adverlisi'iuents will have a favorable place when
but no promise of continuous publication
In the best place can be given, as all advertisers must
have equal opportunities,
& Co.,
WALI. BTHEKT
B«
B.
DANA &
25 Broad
&
William
81
St.,
N. Y.
INDEX TO ADVEKTISEMENTS.
Page.
New Vork Bankers and Brokers...
Bankers In Foreign Exchange
Boston Bankers and Brokers
Philadelphia Bankers and Brokers
Southern Hankers and Brokers
Western Drinkers and Brokers
New
Loans, tiivestmeuts,
t''iu,.nclBl Notices
.369, Kl, 372, 396, as?
369. SJl, 37;!, 396. 397
396
396
371.396
371
370,37'^
371
Ac
Kailroaus, lrou,*C
lUBurauce
Cotton
Steamships
taUceUaaoouf
393,399,
89<
C'uiiiuitfrolat
397,398,319
Cardi
all
•
LONDON.
. PARIS
.
Also ODnUIKlSCTAL CKEDITS and DRAFTS on
LONDON. PAKIS, and SCOTLAND.
AUVANCKS wade ou Consignments. STOCKS m4
BON Dd bOHtfht aud sold ou Commission.
Exchange Place,
Cor.
NEW
YORK.
GoTerninent
SocQrltlea,
Qold« Stocks aod
Bondi
bought and oold Htrictly on Conuiils^lon.
Accounts received and lutore«t allowed ou Balflbcen^
which
J. B.
may
be checked for at slKht.
PL ATT K. DieKINSON,
DiCKINaOK,
Member N .y. stock & Gold kxch'ge.
Dickinson,
Member H. Y. Stuck Exchange.
Howard C.
Jacob R. Shipherd & Co.,
BANKERS,
NEW YORK, 24 Pine Street,
CHICAGO, 164 22nd Street,
F R A N K F O R T O N T H E- m A I N
-
^P~ For terinii of Subscription see
6th Page.
Co.,
part ol Europe, etc., througb
CITV BANK,
HOTTINGITER & CO.,
41)0
399
400
St.,
issne Letters ot Credit for Travellers
Available la
CO., PirnLISHKUS.
79
&
BANKERS,
first Inserted,
WM.
Dickinson
BANKERS,
a very liberal discount
be made;
will
Financial.
James Robb, King
;
tiiree, six,
NO. 378
21, 1872.
Hewson, Kilbreth & Co.
BANKERS AND BROKERS,
-
No. 11
Bieber Gasse, 13.
Having now established our own house In GERwith nsarpaesed Connections throughout
Europe, we shall make a Leading Specialty of the
BROAD STREET,
New York.
MANY,
Financial.
Hegotlatiou of Kirat-Clafls
LARGE LOANS.
Terms upon appUeatlon.
The National Bank-Note
Company.
(INCOBPOBATED NOVKMBEB,
1859.)
Engravers of the U.S. Postage Stamps,
Bonds, Ijegal Tenders, and
National Banic Notes.
EsoSAViKa ASD Pkinti.vg of Bajtk-Notss, CbetiFICATK9, Drafts, State asd Railroad Bonds,
Bills ok Exchanqr, Postage Stamps, and
COMUKBCIAL Papers,
BANKER,
Duncan, Sherman &Co.,
No, 11 Nassau
St.,
Nevr ITork City*
^ND DEALER IN SOUTHERN SECURITIES,
CHARLESTON, S. C.
CIRCULAR NOTES AND CIRCULAR
Letters of Credit, available and payable In all the
PRINCIPAL CITIKS OF THE WORLD also spectal
™- SOUTHERN
creditr) for
COLLECTIONS
receive the SPE-
CIAL and PERSONAL attention of this House. Returns made FAITHFULLY and PROMPTLY In New
BELOW
Vork Exchange, which always rules
par dur-
ing the active business season.
t3r NOTES, DRAFTS and ACCEPTANCES
paya-
ble in South Carolina, North Carolina and Georgia can
be concentrated at this point with PROFIT and SAV-
ING OF LABOR.
laf All business
attended to with fidelity and des-
patch.
II3?"
TnOS.
R. D.
In the highest style of the art, with all modern improvements of value, with special safeguards devised
by the company and patented, to prevent frauds by
photographic and other modes of counterfeiting and
Kaufman,
A. C.
H. HKWSOJT.Late Vli-e-Pres. 4th Nat. Bk. Cinctonatt.
J. W. Kilhreth, -Member -N. Y. Stock Eichauire.
F. T. Whitr, of Cincinnati, spedal.
.J.
Quotations of Southern Securitiss issued weekly.
;
nae iu the United States, Canada and
Teletn^phtc Transfers of Money to and from London, Paris, San Francisco. Havana, &.c.
Current Accounts received ou luch terms as
agreed upon.
&
Co.
B.INKERS,
mav be
Agency of the
BANK OF BRITISH NORTH
A ItlERIC A.
.TA9. C.
Thos. P. Miller
West
indies.
REY.VOLD8,
JNO. W. HILLEK.
p. MILLER,
WILLIAMS,
alterations.
ISSUE
48 IVall Street.
Cominenial Credits issued for use in Europe, China,
Japan, the Kast and West Indies and South .\merlca,
also Circular U'tlers of Credit for Travelers available
iu all parts of the World.
Demand aud Time Hills of Exchange, payable In
London and elsewhere, bought aud sold at curreat
rates, also cable Transfers.
All steel plates engraved and printed by this comany are warranted to give thirty thousand good imresslons, without charge for repairs.
No. 28
MOBILE, ALA.
A variety of Bank-Nota and Bond Paper, ot superior
quality, always
ou hand,
Wm.
OFFICE, No. 1 W^ALL STBEET,
NEW TOBK.
VAN ANTAVERP, Pres't.
H. PORTKR, Vice-Pres't.
J. It.
T.
A. ». SHIOP
J.
VKU, Treasurer.
laACDUNOUGK,
Secretary.
Charles G, Johnsen,
commissioN merchant,!
New Orleans
liiKk Box 3S4.
WIU pnrctaaM
EXCHANaE, COTTON, KTC.
rartlcalar attentloa glTen to Bec«iTlug aid roi*
Mdlag
BaUe.
Francis Street,
St.
.1.
Baker,
The
Gilbert Elliot,
Pres.
Cashier.
Mercantile Bank
OF NORFOLK, VA.
Collections made in all parts of Virginia and North
Carolina, and remitted for promptly.
New York oobrespondext.
THE NATIONAL BANK OP COMilERCE.
Marquand, Hill & Co.,
No. 3T WALL ST., NEW YOBIJ'
Deinaud Drafts on Si-otland and Ireland, also oo
Canada, British Columbbi and San Kraia-iseo. Bllla
Collected aud other Banking Uusines.<4 1 ransacted.
JOHN" PATON, Agent.
Taussig, Fisher
&
Co.,
BANKBBS.
No. 32 Broad Street,
New
Taussig, Gempp
BANKERS,
323 North Third
Gempp
&
York.
&
Co.,
•
St., St.
LonU, no.ll
Taussig,
BANKERS.
Salzhaus No.
3,
Frankrort-on-IHaln
Members New York Stock Exchange.
Stocks, Bonds and Gold bought and sold ou commission.
&
AND
Marquand
Hill,
BROKERS,
BANKERS
No* 18 Deironshtre St.> Boston,
Stocks, BoBdS and Gold bouKht and sold on cotiimls9loa CoUectloua made Busiuess Taper Negotiated.
;
Charles Otis.
No.
9
New
street and 74 Broadway.
CITY BAIIiROAD, GAS A:
INVESTJUENT SECI7RITIE!(.
See quotatlona " Ijocal SecnrlUei " In thu paper.
f
:
no
THE
CfiUONlCLll
[Septemiser 2l, l87i.
Financial.
Financial.
Financial.
ELEVEN PER CENT
$5,000,000.
INVESTMENT.
Traffic Guarantee
AND
A
Investment
Prime
AT A LOir PRICE.
REDEKIPTION BONDS.
Seven Per Cent Gold
Interest.
State
o
The Chicago & Canada
Southern
FIRST MORTGAGE SINKING
F17ND
$15,000
PER
7
Completed and Fully
At
Equipped Railway,
238 miliES I.ONG,
Cent Gold Bonds
Loan of Arkansas
miljE.
o
YEARS
30
7 Per
mORTGAGE
FIRST-CLASS SEClTRITir.
ENTIBELY WITHIN THE STATE OF
ILLINOIS.
PER CENT THIRTY YEAR BONDS.
A LIMITED NUMBEU OFFERED
70
Gts.
& Accrued Interest.
In these Bonds, "the faith and credit of the State
are solemnly and irrevocably pledged for the paymen t
and redemption of the principal and Interest on each
and every bond."
THB
Interest Payable April and October,
at IJulou Trust Company.
First
SINKING FUND,
AT
This road
is
CHICAGO, and mne
to
from the Detroit Biver to Chicago in
nearly a
straight line.
The road
a part of the same line as the Canada
in
Southern, and
is
L. Scott,
Henry Farnam, R. A. Forsyth, John
M. Burke, M. L. Sykes,
Jr., all
Directors either in
Rock
the Chicago and Northwest, or the Chicago,
Island and Pacific
EASTERN RAILIXTAY.
INTEREST PAYABLE FEBRUARY & AUGUST,
FREE OF GOVERNMENT TAX,
At tbe Office of tbe Farmers' Loan dc
Trust Company In New Kork.
o
Oeo. Opdykc, of the Midland
;
Fiice, 90
Sidney Dillon, Daniel Drew, John Ross,
;
David Stewart, Samuel
Kenyon Cox, and
J. Tilden,
steel rails (60
like the
Interest
its
will have
pounds to the yard) throughout
AND
;
is
CLEVELAND, COLUMBUS
CINCIMJATI & INDIANAPOLIS RAILWAY (four
tract with the
well-known
of whose Directors, including the President and VicePresident, are also DIRECTORS IN THE SPRING-
ean be run with greater speed and safetythan any
FIELD AND ILLINOIS SOUTHEASTERN RAILWAY.) A large number of these Bonds will be purchas-
and
level
much
;
shorter,
other road connec: ing Buffalo and Chicago.
and
Twenty-flve miles are finished
aeventy-flve miles
more are so
be finished by January
far
advanced as to
and the entire road
Ist
be completed during the ensuing year.
and
ties for one-lialf
running;
Steel rails
the entire road have already
been purchased.
The
ed by lot semi-annually at Par and accrued Interest,
giving the fortunate holders Eleven per cent profit
on their investment, besides nearly Nine per cent.
it
a profitable busi-
No.
jrONES ic SCHUYLER,
Street New York,
12 Pine Street,
Financial Agents of the Company.
ago and th4 Atlantic seaboard, located expressly
tions between Chicago
shortest connec-
and Toledo, and Chicago
and Detroit, as well as between
all
these points and
Buffalo.
The Canada Southern Bonds,
like these,
in every particular
were eagerly taken, the
them
last of
other railroad loan of like
The proceeds
entire line,
of these
amount for years
bonds
past.
will complete the
MIDLAND
we did the Canada Southern, and
way a choice secuiity.
all
dc
Completed Railroad
RAILVTAT OF INDIANA.
nearly TEN PER
and yielding
CENT UPON THE INVESTMENT,
Sixty Per Cent
More Income than
GoTernmentai.
for sale on
Present price for a limited number of Bonds
remaining unsold, V7H and accrued interest.
now
Further and full particulars, with Pamphlets and
Maps, furnished by ns on written or personal application.
JONES & SCHUITLER,
No. 12 Pine St., New York.
Price, 85 and Interest.
We
believe
them one of the
safest
profitable investments offered in this
and most
market for
N.Y.& Oswego Midland
Railroad
years.
ALLEN, STEPHENS &
CO.,
Bankers,
SOLE AGENTS FOR THIS LOAN,
2S Pine Street.
re-
Is
rapidly approaching completion, and
TRAINS ARE
Ibe
7 Per Cent. Convertible
G.
&
G. C. Ward.
AQXNTS FOR
liBONARD, SHEI.DON & FOSTER, BARING BROTHERS & COMPANY,
62 WALL STREET, NEW YORK.
wBken, No. 10 W^aU fSt., N. V.
38 STATB STBEBT, BOSTON^
Bond*
(and a Second Mortgage)
WE OFFER FOR
85
S.
NOW RUNNING
over nearly the entire length of 400 mites.
WO.,
Banker*, No. 27 Pine Street, N. Y,
I
greatest profit.
information furnished by
IVINSIiOlV, I.ANIER
BONDS.
one of the great roads running from New York
City— on the third largest road in New York StateThe most desirable bond of all the Midland issues,
affording the largest income and promising the
jard them as in every
Pamphlets and
UPON A
COUNTY.
A 7 PER CENT MORTGAGE BOND
and we recommend them with the same
confidence as
Gold
BLOCK COAL FIELD OF PARKE
Convertible
everal weeks ago, by the best class of investors
and were on the market a shorter time than any
Cent.
The Road Is completed and In operation, twelve
mileB of which pass through the celebrated
with the view of obtaining the cheapest transpor-
make the
Eight Per
FIRST mORTGAGE SINKING FUND
BONDS
These Bonds hear 8 per cent. Gold Interest, payable
quarterly In New York, free of Government Tax, being
the necessity for another trunk lino between Chic-
lines will
Street,
YOHK.
Pamphlets and Maps with full particulars furnished
by us on written or personal application.
ness from the start, liaving projected the line to
The branch
NEW
one.
accommodate existing business, and having seen
tation practicable.
Bankers, 49 TTall
THE LOGANSPORT, CRATTFORDSVILLE AND SOUTHWESTERN
We
Ists to this
builders of the road control enough of its
Chicago feeders to obtain for
Bostwick,
respectfully Invite the attention of all capital
security as a particularly sate and desirable
Interest.
will
&
Williams
PROFITABLE
and
practically straight
Interest payable April and October at the Union
Trust Company, New York.
Maps, circulars, pamphlets, giving full particulars o
he loan, to be had by addresstug
SAFE SECURITY.
Elections.
Canada Southern,
Double and Undoubted Security*
different Railways, offer unusual
Inducements to the Investor seeking a
The Holder of this Bond has the right to vote at all
By the terms of a Traffic Guarantee Con-
other prominent railroad men.
The Road,
& Accrued
pledge their splendid eudowment of Lands, Kallroad
Rolling Stock. Station Houses and all other property
for the faithful payment of Interest and principal,
making this a
These Bonds, representing an unusually light Mortgage upon a Finished Railway, fully Equipped, exte dIng Centrally through one of the Richest and most
Populous States of the Union, remarkable for the
great success of
Road
Special mortgage EndorNement,
SPRINGFIELD & ILLINOIS SOUTH-
being built by the same men, Tiz
Milton Courtright, John F. Tracy, David Dows,
Wm.
GOLD BONDS
new AIR
the wceteni link In the
LINE from BUFFALO
ARKANSAS CENTRAL RAILXTAV,
OF THE
AN» ACCRUED INTEREST.
90
Mortgage,
SALE AT
AND INTEREST.
regard these Bonds now as one of the cheapest
securities on this market, and with a better prospect
for an advance in price in the future than any offering.
Pamphlets giving full particulars may he had on
We
application.
UTLET &
BOW^EN,!
BANKERS AND BROKERS,
No 4 WaU St., N. ¥.
J
September
'il,
tBE CHRONICLE.
1872.
Southern Bankers.
Southern Bankers.
THE
OF
NEIV ORLEANS.
FOURCIIY,
Walkib, cutler
National
Bank,
WlLRIiNOTON,
.
Financial Notioei.
A. K.
K. B. Bubbubs, Pres't.
Mutual National Bank, First
P.
371
Oollectlou made on
John A. Kliih,
the United Btsles.
all part* ol
JOSEPH MITCIIEL, Cashier.
Capital. $500,000 Limit. ..$1,000,000
Preslaent.
|
strict attention Klvcn to Collectloiiii 111 this city and
In otiior parts of tliB United States, free of charge, ox
cept such us may he actually paid.
Returns proaiplly umde at the current rates of hn
change of the day.
C. C.
or
N. O.
PrcBlileut,
ALBKUT BALDWIN, Vlco President,
RBG ISTRATIOBf
Flowibsbi. Obo. M. KlbiM
Vice-President.
South Carolina
Valley Bank.
Mississippi
CiBOLiirA National
A HANK OF DISCOUNT AND DEPOSIT,
VICKSBDHG, miss,
CoLDSBiA,
Bank
National
JESSK K. BELL,
S.
President.
KICHAKD JONES,
The Bank of
Cashier.
CUR. CALIFORNIA
Particular attention given to Collections, both In
the City anil all points In connection with It. Prompt
returns niailc at host rates of Exchange and no charge
made, excepting that actually paUl upon any distant
Correspondence
point.
N
H,
o.
BBANDON, Pres't.,
LAUTX, secretary,
J. 0.
WALtiB,
DIltECTOUS:
mum. Goo.
C,
ready to
Capital Pald-lTp
STOCK OF THE STATE OF SOUTH CAROLINA
•
•
.
W.
C.
M. Brandon,
K. S.
J.
Ins.,
STS.,
and
will
C
RAL8T0K,
Cashier
The Registration
charge of Dr. J.
W. Fabkeb, the
Wallls, F. K.
Jemlson, M. W. Balder, Leon
W. B
Co.,
IN
NEW
official
CiALVESTON, Texas.
"We have prompt and rclli>ble correspondents at all
the principal points throughout this b'ate, and upon
alt collections payable lu this CUy or Houston, make
no charge tor collecting, and only actual char;:e upon
Interior collections. Immediate andiirompt atlenilon
given to all bnslneas entrusted tons. ttelerto^Ht.
Park Bank, Howes & Macy, and Bpoll'ord Tlleston &
Co., N. v., 2d Nat. Bank, Boston, PUe Lepeyre & Bro.,
rORK, Messes. LEES ft WALLER,
No. 33 PINE 8REET,
THE ORIENTAL BANK CORPORA
THREADNEEDLE STREET,
IN LONDON,
IN PARIS, Messes.
MARCUARD, ANDRE
ft
CO
We give special attention to collections on all accesJ. Hutchlns, P.
W.Gray, A.J.
Burke. Cor. Eunis, W. M. KIce, C. S. Longcope.
BBNJ. A. BOTTS, President.
New York
Tbe
&
Wilson,
on the ORIENTAL BANK
at the
Commercial Warehouse Company
to be "
BBTAN, TEXAS.
ETT &
BASSETT,
BANKERS.
RreiUiam, Texas.
ALSO,
108
4t
&
110 West Foarth
Stocks, Bonds, Gold and Government Securities.
Co.,
C. R. Johns & Co,,
TEXAS I.AND AGBNCY
BANKING & EXCHANQfi,
AUSTIN, TEX A8.
Parchase and
sell real estate, pay taxes aud adjust
prosecute Land and mouey claims against the
State and Federal Governments make colleccionB
Receive deposits and execute Trusts.
Titles*
CINCINNATI, OHIO.
GOLD, SILVER and all klndf of J.
QOVBRNinBNT BONOS.
COLLECTIONS HIADE at all acceuible
and remitted
lor
on day
FOR
of
BANKERS,
New York Correspondent
I
St
Trice.
I
Morton, Bliss
ft
UsOBes W. Jackson,
Late Cashier 1st Nat. Bank
GalUpollii.o
Fort
&
Jackson,
"JANKERS,
TTACO, TEXAS.
Rbfbbxnobs. and Cobbkspondsnok;— New Torlc
Wlnslow, Lanier & Co., David Dows 4 Co. Clncinoitl
First N'ation:il Bank, Merclmats National Hank.
Sew Orleans: Louisiana NaUoaal Bauii. Wheless A
Pratt, Bsukers4iUalveston : T. U, McMahan ft ce.
:
Capital.
imPROVED FARns.
Interest (clear
from
all
>
E.
SANFORD,
James
Attorney aod Solicitor
t
References given to prominent persons In any large
city in the
B'ly and Sell Sterling Exchange, and draw on th*
BANK OF SCOTLAND, LONDON. Atao transact
other banking business, and give particular attention
to ca.-iversions of gold and currencr. P. O. Box 48U
expenses) paid
wherever desired.
MOBEIS,
Umon.
Interest,
\rUli Undoubted Security.
We are Investing for eastern parties many thousands
of dollars per mouth, on kuproved property in Illinois
worth. In every Instance, tliree thnes the sum loaned
Our Hccurltles art; very profltablii iiud popuUr, aud are
couBidered the safest offered. We will loan any sum
may ui,Dinjrwu
Ueelre to
i>j iiKuob.
Invest, belt
you «!«/
i»c il, large
iHi^i; ur
or nuiuii.
email. We
na can
refer to parties for whom we have loaned large
aniouuts of mouey, who have never loBt a dollar of
either principal or iutereat In this claas of securities
during the laat fourteen years. Send for our book,
*' Illinois as a Place of
Investment," which contains all
necessary information. Address
^VILSON
Commerce,
of
No. 26 Exchange Place,
MONKT LOANED FOR EASTERN PARTIES ON
Ten per cent
AGENTS FOR THE
Bank
FOE
Eastern
H. Goadby,
J.
Canadian
8AI.B
Ten Per Cent
Co.
&
payment.
SAFE INVESTIHENT
Illinois,
TERMINUS OF CENTRAL RAILROAD
Corslcana, Texas,
G. Harper
CHECKS ON LONDON AND PARIS
;
Adams & Leonard,
Also, Foreign Exchange bought and sold.
!<itre«t,
OealefBlB
J. O.
l<oiir.
CORPORATE LOANS^
Ports.
KtBBT,
W. TON BOBBNBXBe
JOHNS,
Late Fort
EXCHANGE PLACE, NEW YORK.
STATE,
CITY
and other
cities.
Tbe Branches of the Oriental Bank
at Hons Kone, aud other Asiatic
Bassett, Atty^s at Laur,
XVBBITT,
M.A.
President.
RAILROAD,
ON
Brcnliam, Texas.
r.
CHILDS,
Special attention given to the negotiation of
London, Dnblln, Paris, Amsterdam, Hamburg, Bremen,
and other leading European
Mew York,
BANKERS,
EXCHANGE FOR SALE ON THE
;
O. U.
lu
Henry F. Verhuven & Co
bills
38
points
—
Correspondent^: Houston First National Bank ;
Salveston—Ball, Hntchlngs & Co; New Orleans— Pike,
Brotlier & Co. New York— Duncan, Sherman & (;o.
Sc
\Im
good delivery," after September 1st.
CORPORATION, LONDON
GiLMORE, DUNLAP
Collections made and promptly remitted for current
rate of exchange. Correspondents:
Messrs. W. P. CONVBBSK & CO., New York.
Sayles
Stock Exchange has rescinded
As Members of the Stock Exchange, we buy and sell
RANKERS,
S S
purchase of Merchandise In the East Indies. China,
Japan, Australia, and other countries, authorizing
Cashier.
(Snccesaors to H. M. Moors,
«A
This Bsnk issncs Letters of Credit available (or the
Texas.
sible points.
Moore
be under the
40
ATLANTIC CITIES,
BAIIK OF HOUSTON,
Houston,
WEEMS,
will
Vice-President of the
order requiring South Carolina Bonds to be registered
& Co., PhiJa.
Capital, $500,000.
B. F.
Mch Bond or
signature will certify to the Regis
L. D.
Foreign and Domestic Exthange,
UIBECTOUS: W.
for
tration.
Bankers,
THE CITY
ONE DOLLAR
piece of Stock.
Bank, whose
McMahan &
N. O., Drexel
The charge for
be returned as directed.
$S,000,000
AGENTS.
*a38,000
TION,
Dealers In
REGISTER THE 0CT8TAND-
SANSOME
lieglstratlon will be
Wall. Itob't. .Mills, T. J. II. Auderson.
Special attontlon given to collections at all pointt
in tiie State, and remittances promptly made,wlthoul
ftny charge except customary rates ot exchange.
And
ColumMs
tht Carolina National Bank of
now
is
upon presentation. Bonds may be sent by Express,
^
Scunelder, K. S. Willis, T. A. Gary,
T. H.
ft
SAN FRANCISCO.
O. O. MILLS, President.
&
-
.1.
I
DJG BONDS, COUPONS AND CERTIFICATES OF
Vloe-Pres'i.,
GALVESTON.
Lubhock. M. Quin,
>
alphonsk lahvk. Cashier
Texas Banking
Cash Capital,
inn.
California,
sollclleu.
New York Cobbkbpondbxt,
N T U N A TIONAL BAN K.
I
13th, ISB,
LOUISIANA.
JAS. N. BEA»LES, Vice-President.
Baxk or
C. Jnly U,
of the Act of the General Assembly, approved March
Western Bankers.
NEW ORLEANS,
S.
I> accordance with the proTisiana of the lOth Section
N. Y. Correspondent:- Uiuit of the Manhattan Co.
N. O.
Bonds.
Cashier.
TOmS,
6c
Dealers la Real Estate Securities
& School Bonds.
Bloomtnfftout lllinoU.
3 Ac 5
W. Tucker & Co.,
BANKERS,
SCRIBE, PARIS.
RUE
Issue Travelers Credits available in
world.
all
parts of th.
Correspondents In this City,
MORTON, BLISS
ft
CO., 30
BROAD STREET
THE
German American Bank,
Cor. Broadway and Cedar St.,
CAPITAL, - - T~I . . $2,000,000
DRAWS BILLS OF EXCHANGE and issues LETTERS OF CREDIT available at all principal places
abroad.
Accounts of Merchants, Bankers, &c.
O.H.SoBBBiKsx, Cashier.
solicited.
EMIL SAUte, Pre*,
.^
:
THE CHRONICLE.
372
Financial.
& W.
B.
I.
RAILWAY
LEXTENSION
[September 21,
Financial.
Guaranteed Bonds
THE INDIANA
AND
On
Completed Road.
a
THE
CINCINNATI, RICHMOND
FORT AVAYNE RAILROAD
Gold Bonds,
Central Railway
COMPANY'S
Illinois
m BUILDING ITS EXTENSION LINE.
are Becnred
by a
first
and only mort-
EXTENSION HOAD,
gage on the
being rapidly
constructed in the most thorough manner by able
contractors, who represent a capital of several millions of dollars, which ensures
the last rail being laid at an early date.
About 60 miles are already finished, and 110
and experienced
miles graded
217
the whole line,
completed early in 1873.
;
miles, will be
We have been connected and entirely familiar
with the I. B. & W. RAILWAY from its early organization. It was completed in the autumn of
1870, and has developed rapidly into a successful and wea'.thy corporation, having a large revenue from its rapidly increasing business.
With the EXTENSION it will be one corporation
with 420 miles of road located in a comman'Jing
position in the heart of the
BEST POETION OF
THE COUNTBY.
EXTENSION in
242,330; valuation of
real and personal estate, $181,000,000; bushels of grain raised, 27,000,000 ; value of farm
products, $25,570,000, and live stock $18,349,000, to which may safely be added 1 5 PER
CEN to represent the PRESENT POPULATION
AND VALUE.
The counties on the old line and the EXTENThe counties on
the line of the
1870 had a population of
Cent Gold Bonds,
together contain a population of NEARLY
MILLIO.N^, and a property valuation exceeding $400,000,000.
THREE QUARTERS OF A
From
these statistics
EXTENSION
make
that will
TRAFFIC
of
it
it
will
a
will
LOCAL BUSINESS
COMPLETE SUCCESS in
;
connecting with
Mississippi River, extending
where
it
THROUGH
IOWA AND
have the entire
MISSOURI,
the
NEBRASKA ROAD,
300 miles,
be readily seen the
have a
will
addition to this
it
West
on the
it
to the Missouri
connects with the
MIDLAND
PACIFIC in Nebraska. These two corporations, and
also the PEORIA AND ROCK ISLAND, (91 miles,)
and the DAVENPORT AND ST. PAUL, (:iOOmile»,)
although separate corporations, are controlled in
the interest of the INDIANAPOLIS, BLOOMING-
TON AND WESTERN RAILWAY,
and
practically
will be a united line of more than 1 200 miles, the
through business of which will pass over the I. B
&W. R.
This is an EAST and WEST TRUNK ROUTE,
and has
NO PARALLEL COMPETING LINE.
The Eastern connections
at Indianapolis are the
PENN. CENTRAL, BALTIMORE & OHIO,
BELLEPONTAINE, LAKE SHORE & NEW YORK
CENTRAL, and other roads centreing at this point.
From
the Seaboard to the
distances are
connected Roads, so
be the
much
so that
it
via these
;
and mineral country of both States
and
at
COIN, ' not
THROUGH ROUTES
Inferior to the present standard.*' Interest payable semi-annually in New York, on the Ist day
of June and December, aud guaranteed Jointly aud
severally by
The Cincinnati, Hamilton
ton Railroad Company,
& Day-
The Pennsylvania Company, and
The eraud Rapids & Indiana Railroad Company.
cannot
fail to
ITALISTS.
These facts cannot fail to make the BONDS, which
will only be issued on COMPLETED ROAD, take
high rank among the best Railway Securities.
They
are $1,000 each, CONVERITBLE into stock
at par, at the option of the holder, and may be registered free of charge.
Coupons payable 1st January and July, free of
The Bonds may now be had from Banks and
Bankers throughout the country.
»0 ant' interest and
T>^^?f« Ji',?i",5,',P,''<''"""
RECOMMEND
THEM STRONGLY to our friends
and investors as one of the SAFEST AND MOST
DESIRABLE
The Road
is
entirely
completed and
in operation
and extends from Fort Wayne, Indiana, to Richmond,
and conneuts the
Pittsburg, Fort Wayne & Chicago Railway, the Grand
Rapids and Indiana Railroad, and the whole system of
roads under the control of the Pennsylvania Company
in Indiana and Michigan, with the Cincinnati, Hamilton & Dayton liailroad to Cincinnati and Southern
Ohio and ludlaua. The road Is leased for 99 years to the
Grand Rapids & Indiana Railroad Company, aud operated by it for the joint account of the guarantors, and
by a contract entered Into between the Grand Rapids &
00 miles in the State of Indiana,
Indiana Railroad Company, the Pennsylvania Company,
Fort Wayne and Chicago
lessees of the Pittsburg,
Railway, and the Cincinnati, Hamilton and Dayton
Railroad Company, for reciprocal interchange of business, all these Companies agree to throw all their
freight and passenger traffic which niiiy he appropriately done over this road, thus Insuring It, from the
outset, a large volume of business. The holders of
these Bonds are thus trebly secured
J^irst.— By a flrst mortgage on a finished road now In
full
operation.
Seconaiy—Ry a contract for Interchange of business
with three prosperous and powerful corporations, controlling in Us favor a vast amount of business.
Thirdly—By the direct and absolute guarantee of the
Interest, Jointly and severally, by ENDORSEMENT ON
THE BONDS by the above-mentioned three Companies
SECURITIES on
the matket
free of express charges
Maps, Pamphlets and Circulars furnished
piicution.
on an'^
TTTRNER BROTHERS,
BANKERS,
KXf. 14 Nasaau Street,
New
ITorlt.
It is
30 miles wide,
with
termini
;
GREAl
the
to the East and West.
West Road
the only East and
In a belt averaging
and passes through the best part of the
rich
RLOCK
COAIi FIELD
COMPANY OWNS
of Indiana, In which the
ACRES OF BLOCK COAL LANDS.
2,000
owns, also,
It
of Fanning lands.
90,000 acres
IN CASH HAS BEEN ALREADY EXPENDED ON THIS ROAD, of which 30 miles In
Illinois are finished
Investors.
Price, 92>^
and
interest.
Circulars and In-
WINSLOW^, liANIER &
in operation.
Fifty-five miles
the Coal Fields, will be completed this
whole road
fall
and the
in 1873.
TWO MILLIONS OF DOLLARS
more
are pledged to the enterprise, partly by counties,
towns
Upwards of
and Individuals along the
line,
but chiefly by wealthy
among whom are W. H. GUION, (of WILLIAMS & GUION,) SIDNEY DILLON. JAY COOKE
& CO., CLARK, DODGE & CO., J. & W. SELIGMAN,
VIBBARD, FOOTE & CO., and PAUL S. FORBES, or
New Yokk BENJ. E. BATES, OF Boston HENRY
LEWIS, of Philadblphia, and GEO. M.PULLMAN,
capitalists,
;
;
of Chicago.
Bonds
Gold, free of
Fund 2^ per
For
and
$1,000 each, payable In 30 years, principal
Interest In
cent,
Bale at 90
Goremment Tax. Slnklog
on Gross Earnings.
and accrued interest by the Financial
Agents of the Company, (of
formation
may
whom
pamphlets acd
in-
be obtained.)
TFAIiKER, ANDRETV^S
CO.,
Sc
.
14 ViraU Street.
The whole issue of the Bonds is $1,800,000, or $20,000
per mile, and but a limited amount are now offered to
formation furnished by
and
more, completing the Western Division, Decatur to
.
<^
Chicago, Burlington
&
Quincy
CO.,
RAILROAD COMPANY,
Texas Cen- Seven Per Cent Bonds,
No. 27 Pine street.
Houston &
tral Railway Co.'s
First Mortgage
Land Orant
COUPON OR REGISTERED
NE\r I.OAN,
i$lnklng
Fund
Free of GoTernment Tax,
7 Per Cent Gold Bonds,
FOB SALE AT PAR.
AT
90 i^ND ACCRUED INTEREST IN CURRENCY,
fielding Abont Nine Per Cent on the
Iniregtment.
WILLIAM E. DODGE, of New York, President.
SHEPHkBD KNAPP and WILLIAM WALTER
KIDDER, PEABODY
45 Tfall Street,
Trnstees for Bondholders.
Principal and Interest payable In Gold at the National
City Bank, New York. We confidently assure luvestora
that these bonds are first-class. In every respect, aud
we recommend them as an entirely safe Investment
All securities taken at Board prices In exchange. Circulars and information may be obtained at our olfice.
JOHN
jr.
&
CISCO
No. 59 TVaU
St.,
Cammann &
SON,
New
Co.,
New York.
Transact a Gbnrral Banking Businkss, and glvb
articular attention to the PURCHASE AND SALE
B F GOVEBNMENT.STATB AND
riAILKOAD
-yjj^^oa^u
SSCVWall
Street,
KIT IKS.
""DepoBltB received snbiect
to
&
Co.,
BANKERS,
NO.
10
Government
WALL STREET, NEW YORK,
Securities, Gold,
Stocks and Bonds
bought and sold on Commission.
Deposits received a nd Interest allowed.
York.
Bankers and Brokers,
8
& CO.,
New York
Robins, Powell
PHELPS,
"t
Bouds delivered
connecting
»1,400,000
POPULAR LINE for travel
and business.
Liberal Subscriptions to the Stock were made by
Towns and C<iuntie8 on the Line of the EXTENSION and the remainder has been taken bv EXPERIENCED RAILROAD MEN and EASTERN CAP-
an
richest agricultural
50
West and Northwest
MATERIALLY REDUCED
$3,500,000.
EAST and WEST ROAD, RUNNING ON
THE 40TH PARALLEL, FROM INDIANAPOLIS
IND., TO DECATUR, ILL., 152 miles
thiough the
is
YEARS TO BUN, PRINCIPAL AND
INTEREST PAYABLE IN UNITED STATES GOLD
HAVING
I',
SION
Cent Gold Bonds.
7 Per
This
7 Per
Mortgage
First
Mortgage
First
INDIANA POI.IS, BLOOmiNOTON &
\rKSTERN RAILWAY
The Bonds
6c
COOTPANX'S
ISSUED BY THE
TO AID
2.
Financial.
First Mortgage
Convertible 7 Per Cent
13'.
check at sight.
A. D. Williams
&
Co.,
STOCK RROKKRS,
New York.
40. Wall Street
Stocks and Bonds
BOUGHT AND SOLD ON COMMISSION.
A. DBNIS'N WILLIAMS.
Member
of the
I
I
WILIAMS,
Member of the
J. P.
N. York Stock Exchange I N. York Stock Exchange.
mmtk
HUNT'S MERCHANTS' MAGAZINE,
'v
i-
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY. SEPTEMBER
15.
NO. 378.
21. 1872.
-^SZ^--—-
CO NTgN Tfi.
THE CHBONICLB.
¥he Clearing Honse and the
TlKhtMoma' flpeenlators
The Complrollor aiul the Banks.
Defalcation In the Sub-Treasgfy
TJie '-Nation" on IWlroad Pro'-
Changes in the RcdeemiDg
Agents of National Banlcs...
La test Monetary and Commercial
EnglistiNews
Commercial and Miscellaneous
373
874
374
„gress
s^g
Current Topics
377
Ifcwe
Foreign Exchauce,
New York
of Stocks
Local Securities
I
Railway
|
ing-House.
Every bank they
I
City Banks, FhlladelphiaBanks
and Bonds
389
Breaastiifls
39*
1
Groceries
3W
to the
393
394
395
390iDryGoods
I
Prices Current
came
Bank of Commerce, having previously got together
381
38K
3S6
News
from the other banks which they had visited an aggregate of
a million of dollars.
Here they were met by Mr. Henry F.
Vail,
who
refused
payment
" a certified cheque
^f)t €l)xonxclt,
TBBX8 OF 8UB8CBIFnO»-FATASI.B IB ADVABCB.
For One Year
For Six Months
delivered by carrier
to all others (exclusive of postage).
.
in
greenbacks ou the ground that
not payable over the counter by the
$10 00
6 00
nw
NEW
:
Insertions, a liberal discount is allowed.
through the Clearing-House.
If paid otherwise the
made by
Drafts or Post-Otllce Money Orders.
13f~ A neat file for holding current numbers of the CHRONiout is sold at the
ofllce for 50 cents.
Volumes bound for subscribers at (1 25. The first and
second volumes of the Ciirohicle are wanted by the publishers.
withdrawing from use legal-tender notes."
This plea was pronounced unsatisfactory, but Mr. Vail
repeated
it
a notary.
when
the cheque
was afterwards presented by
Subsequently a summons and complaint was
served upon the bank authorities, the suit being brought in
Supreme Court.
Although the ground assumed by the bank
untenable
in
giTing these reckless adventurers a foretaste of what uwaits
they persevere in their desperate raids on th )
money
market.
is
perhaps
law, the popular sympathies are for the
part on the side of the bank, and
its
to have completely paralyzed the
if
That
because " the cheque was presented for the illegal purpose of
THE CLEARIJIG-HOUSE AND THE TIGHT-MONEY SPECULATORS. the money market.
The tight-money clique have just received a signal reSome disappointment
buff.
To the Bank of Commerce belongs the credit of meeting on the subject
them
payment
a matter not of right but of favor and courtesy.
the
_ ISF" The Publishers cannot be responsible for Remittances unless
recognized
is
added that such cheques are payable only
favor and courtesy Mr. Vail refused to extend in this case
Tkt Cbbonicle wUl be sent to tubscriiem until ordered discontinued by letter.
Postage la SO cents per year, nnd « p.iid by the. mbmriber at hlf
post-office.
WILLIAM B. nANA,
WILLIAM B. DANA & CO., Publishers,
JOHN «. FLOYD, JR. f
79 and 81 Williani Street,
YORK.
Post Office Box 4,69J.
Subscriptions artd Advertisements will be taken in London at the ofllce of
the CanoNiCLE, No. 5 Austin F'riars. Old Broad street, at the following rates
Annual Subscription (including postage to Great Britain)
£2 29.
"
'•
••
Half-Yearly- "
1 5a.
Advertisements. 9d. per line each insertion; if ordered for Ave or more
|
He
by law."
is
The CojiMEBciAL and Financial Chronicle,
and mailed
is
ordinary custom of business, a custom which
TrtE COMMBRCIAL AND FINANCIAL CHRONICLE is isSUed 071 SoiUTday morning, with the latest news up to midnight of Friday.
to city subscribers,
complied with the demand and
visited
paid out the greenbacks, until at last the conspirators
THE COMMERCIAL TIMES.
Commercial Epitome
5""°''
of passing the cheques in the usual wa} through the Clear-
380
THE BANKERS' GAZETTE AND RAIlWAT MONITOR.
S'"''';'! ^''™y ^'''<^''«'
National Banks, ete
"V?"/
U. S. Secnrities, Gold Market,
Quotations
I
377
378
mtlatiDg a large amount in certified cheques. These they
proceeded to present to the several banks on which they
were drawn, and demanded payment in greenbacks, instead
is
most
action seems at present
and quieted
conspirators
expressed at the result of the
at the Clearing-House yesterday.
The public supposed that the Associated Banks would have
passed some resolution in support of the action of the
Bank of Commerce. But it was contended that the Clear-
Last week when we foretold the defeat which popular
opinion was preparing for certain schemes of these specula
tors, very few of our readers thought, we presume, that the
ing-House was organized for no such purpose.", and whatever
first
blow would be struck so soon or from such an unexBut when a thundercloud is hoverina; overhead it is easy to predict that from some point or other the
inevitable bolt will be launched.
The clique have raised uo
around them such a lowering storm of public reprobation
poses
pected quarter.
therefore,
that from one quarter or another they will certainly rec<3ive
on the unvarying experience of thirty years there can be
Clearing-House testifying to the
an unexpected blow at every
new movement they
foreign to
its
legitimate
functions.
No
was passed, and the Clearing-House
capacity refused to interfere.
resolution,
in its official
This decision will,
we
think,
be approved as both wise and conservative. Still if the cus.
tom of paying certified cheques be, as Mr. Vail declares it,
—
makft of no impropriety in the
the irregular and lawless character which has given them
such notoriety and has caused such mischievous disturbance
of business.
On Thursday
might be the sympathies of the individual members, they
refused to use the machinery of the organization for pur-
existence
of this old and
formal resolution
Whether such
to
long established custom, by a
be passed at some future meeting.
a resolution
would have any
legal
force,
seems all their preparations were com- or whether the custom itself is sufficiently established to
pleted for lockinsf up several millions of greenbacks with a be recognized as binding, are questions which have never
view to make a monetary panic. They had adopted their before been raised, we believe, in any court of justice here
ugiial tactics,
it
For
several days before, they had been accu-
or elsewhere.
;
THE CHRONICLE.
874
[September 21, 1872.
of the Treasury, appoint a receiver to wind up the business
TUB COMPTROLLER AND THE BANKS.
some months been predicting of such association."
Another argument of the banks is, that their reserve was
and labjring to avert is now upon us. Our bank reserve is
provided
for the very purpose of bridging over such a time
down to the legal minimum of 25 per cent., and the power
The event which we have
lor
of the banks to enlarge the facilities of business is curtailed
at the very
moment when
it
of trial as the present,
have to be shipped and the banks are called
and that the very purpose and object
if they are not permitted
The crops of the reserve would be frustrated
on for funds. to use it in the way they desire.
should be enlarged.
Of course, one of the chief objections to this proposed
to respond. Their resources are already too
To make fresh loans they must disturb old ones. To policy is that it is an evasion of (he law which might be
lend money in new places they must call in what is lending drawn into a precedent of dangerous character for the
elsewhere.
The consequence in every branch of busi- future and that the banks ought to have taken earlier meaBut they are slow
low.
;
ness
is
a contraction which has reached a point where
on
directly
money market.
the
Many
Currency
is
market
free
few failures are already announced.
New York to the interior, and
being sent from
unusual amount of
ofTerirgs
skill will
an
be required to keep our money
from serious spasms during the coming
Such being the
pay a visit to
situation,
city
this
troller has little direct
At
other times
We are
just
on
at
importance to us to
money market.
influence over the
his action is
now
To
it
got beyond their control.
they respond by laying the chief blame upon the
contraction of the legal tenders by the redemption of the
this
Certificates, under the law of July, 1870.
enactment a dangerous innovation was certainly introduced into our financial system, which disturbed
watched with some
one of these anxious
know what
interest.
crises.
the Comptroller
of
It is
will
By
do,
that
the equilibrium of the whole machinery.
of
Fall.
Mr. Comptroller Knox did well
Monday, that he might see
with hi* own eyes, and learn from observation on the spot,
the real facts.
For several months in the year the Comp-
to
sures to prevent the evil before
The mercantile community begin Clearing House
for discount are refused.
A
acts
The banks are limiting
ordinary accommodations to their dealers.
to feel the pressure.
it
new National Bank
millions
have been
notes were
issued,
First,
authorized,
54 millions
40
of which
new demand
thus making a
for
Secondly, the
Legal-Tender reserve to sustain these notes.
law while enlarging the demand for reserve, made the
supply scarce by ordering the withdrawing of the Clearing
House Certificates, which formed an important part of the
material of that reserve.
The
law, therefore, being in part responsible for the evil,
the banks contend that the forbearance of the
Department
two reasons.
banks being low in their reserve, it is the
Comptroller's province to keep them up to the 25 per cent
should temporarily be extended to them should their resources
requirements of the law.
of the community.
and
this for
First, the
Secondly,
he does
if
strict severity, considerable stringency is feared
;
this
but
with
if,
as
fall
below the 25 per
will confer the
cent,
minimum, and
perturbation of the
ence for a month or six weeks, the evil will correct itself
tnd currency,
sentations
it is
from the interior
;
expected, will return of
may
own accord
spasm or monetary
so that, without any
trouble, the legal tender reserves
its
rise
to their proper
level.
It
may
easily
troller has
be conceived then with what
zeal the
Comp-
made
money
Since these representations were
to the Comptroller, the violent
market by the cliques has given force to
and no small anxiety prevails as to what
the law permits, he can be induced to restrain his interfer-
that this policy
very highest benefits on the business interests
their arguments,
effect these repre-
may have had in Washington. The banks would
had
a better claim to be heard if they had moved
have
sooner and had tried to check beforehand the evil for which
they now propose a tardy and unwelcome though perhaps
needful remedy.
been urged to use the discretion given him by
and to forbear interference for a while, should the
DBFAICATIOS IN THE SUB-TREASURY.
bank reserve show further deficiencies. What effect these
At a very unfortunate moment a hoavy defalcation has
representations may have is at present doubtful.
But it
been announced in the New York Sub-Treasury. This is,
will soon be known, and of course he will confer with the
we believe, the first offence of the sort which has ever impli.
Secretary of the Treasury before anything is done.
cated any of the clerks in the office since its first organizaPending this uncertainty it may be of service to correct tion under Mr. John J. Cisco many years ago. James
some errors which prevail as to what the law requires, and what Johnson, a clerk, who has had charge of the stamp divisiori
the Comptroller has to do. In the 31st section every bank is of the office since 1866, and who was not long since prorequired to keep up its legal tender reserve to the minimum moted for good conduct, has absconded, leaving a deficiency
of 25 per cent, for certain cities, and 15 per cent, for others.
How long the pecuin his accounts of $150,000 or more.
the law,
Failing this reserve, every bank
new
loans or dividends.
This
is
forbidden to
prohibition
make any
has been
inter-
lation has continued,
and what the defaulter
may have done
with the stolen funds, does not certainly appear, nor will the
to take effect on the notification of the deficit precise extent of the loss be fully known until the examinaby the Comptroller and not otherwise. Previous to such tion of the office is completed next week.
notification any bank, though short of reoerve, may, it is
A multitude of rumors have been set afloat on the suballeged, go on making loans.
Now it is this ofiicial " noti- ject, but scarcely anything is absolutely known beyond the
fication" which the banks are anxious about.
They desire facts above stated. The Assistant-Treasurer, General Hillthe Comptroller to defer it, and contend that the section of house, is responsible for the amount, whatever it may be,
preted
the law
which refers to this notification is not mandatory, which has been embezzled by Johnson and there are no
but permissive, and leaves the interference to the option of means of relief except by a special act of Congress. No
the Treasury.
such act has heretofore been passed for the relief of an
There is some plausibility about this theory, for the words Assistant-Treasurer, because no similar d. falcation has ever
;
of the law are that "
it
shall
of the Currency to notify
heeompetent
for the
Comptroller
any association whose lawful
money reseive shall be below the amount to be kept on
hand as aforesaid, to make good such reserve ; and if such
association .shall fail, for 30 days, to make good its reserve,
the Comptroller may, with the concurrence of the Secretary I
before
created
Hillhouse
tion
;
and
conducted
is
if,
a necessity
such
in
legislation.
it
could not
is little
be given by Congress.
General
a very unenviable posi-
as appears, the defalcation
that
ordinary means, there
will
for
consequently placed
be delected
was so ingeniously
or prevented by
doubt that the needful relief
THE CHRONICLE.
Septemter 21, 1872.]
We have often
suggested,
when crimes
have
of this sort
376
THE "NATION" ON RAILROAD PROGRESS.
Some
occurred in banks, that a simple and effective safeguard
should be contrived by each of the clerks taking a frequent
curious phenomena which, in an economic point of
view, are of importance, arise out of the rapid growth of
holiday so that his books and accounts might pass into the
hands of some fellow clerk, or, if possible, of some trusty,
railroad
communication during the last quarter of a cenSuch of thes3 phenomena as concern the methods
experienced accountant from outside the bank.
We find on and extent in which railroads augment the material wealth
inquiry that this very arrangement, with some modification, of the country have been long and anxiously discussed
has been adopted in some of our banks.
It was also among our people.
Very positive opinions on these points
adopted in the Sub Treasury, at least so far as Johnson is are widely diffused, though not, perhaps, very thoroughly
tury.
concerned, as his books and accounts have frequently passed
explored
into other hands during his repeated absence for a longer or
aged, and with proper feeders and connections, becomes in
a few years a creator of products and a mine of wealth to
a shorter period on account of his health.
had
skill
that no
he
iiultiplied
shadow of suspicion had
the close of his
when
tion,
usual
summer
his failure to return to the
vacation
days ago,
a few
caused an investiga-
office
Two
however,
is
general benefits are
dently of
the
gain
roads enhance
run
light.
chief question for the public to consider,
that a
is
good
the whole belt of country through which
fallen across his path until
and his criminality was brought to
The
But with such
the precautions against detection
and the belief
;
;
man-
railroad, well
it
passes.
ascribed toiailroads indepen
they confer on investors.
the value of
First, rail-
the real estate near which they
and, secondly, they develop
commerce and industry by
opening new markets, by economizing the time and expense
of travel, by raising wages, by cheapening raw material and
how to prevent the recurrence of similar peculation. The
Sub-Treasury here employs some sixty persons ; its opera- food, by diffusing facilities for the division of labor, and by
tions amount in the aggregate to one thousand millions b increasing in other respects the productive power of the
year; its clerks must, some of them, be placed in positions community. The amount of wealth which in these two
There are a dozen
of great trust.
the
work of examination
often
Hence
repeated.
years the
office
doing, and
is
different departments,
so complicated that
it
is
gratifying
it
and
cannot be
many
that for
has been free from the suspicion of
wrong-
body of transaction? have been
that so vast a
ways
by
railroads varies, of course, in diffdrent
parts of the country.
But the inciea«e has been roughly
conferred
is
estimated at an average of ten times the cost of the road.
In other words, those who believe this estimate correct
would say that the 7,000 miles of railroad which we conlast year and the 5,000 miles we shall probably
this year are worth ten times their cost to the
country, even should the roads themselves fail to pay the
done with so small a per centage of loss. One reason of structed
the good conduct of its clerks during tie past is doubt- complete
the
less
exemption of the Sub-Treasury from all politistockholders a single dollar.
It has always been a principle that no clerk
regard to Johnson,
It is through the popular re
cognition of this principle that railroads, aa creators of public wealth, have claimed and received grants of public lands
and that he got his place for political services and to oblige
and subsidies of town bonds, county bonds. State bonds,
cal influence.
should owe
liis
place there to political reasons.
gretted that an exception
some
to
What we would
know.
be
Whether
politicil leader.
political
was made
ii.fluences
of
any
in
this is true
insist
sort
on
is
It is re-
we do not
that
care
in future
or degree should
on
ever
allowed
to intrude into the Sub-Treasury.
Let its
be appointed, or dismissed, or retained solely on
their personal merit and because their fitness for the
public
officers
service.
Secondly, no clerk or officer in the Sub-Treasury should be
allowed to gamble at the Stock Exchange. This is the "one
only vice" which is said to have proved the ruin of Johnson.
The
facilities
which a certain class of brokers
in
Wall
and, in the exceptional case of the Pacific railroads, extensive lai^d grants with subsidies
besides from the municipal
and National Governments.
To
we must in part attribute the
growth of our railroad system which has been more
rapid than that of any other country in the world.
Before
1848 we had few railroads; but the industrial activity
such public benefactions
active
by the gold discoveries gave an impulse to railroad building, and at the outbreak of the war in 1860 we
had spent 1,070 millions of dollars on our 30 thousand
miles of railroads.
have now 62,000 miles in
generated
We
operation, or approaching
completion ; and we have built
war
some 27,000 miles, which is a
offices,
of official early information, have proved the destruction of larger aggregate than the whole railroads of France, Germany, and Austria combined. The question has often been
many a brilliant and promising career.
street
always glad to ofl^er t.. young men in public
whose connections are likely to give them command
are
since
the
of the
close
Information is said
to be in the possession of the proper authorities implicating
asked of late whether
more than one
a pace, and whether
firm of brokers in Johnson's
speculations.
we have not been going at too rapid
our railroad progress ought not to
We
have invariably answered m the negative,
law of 1866 will doubtless reach the cease.
offenders, and complete restitution may be enforced so that and have contended that the danger for some years will be
the Treasury will suffer no loss. Meanwhile, however, let not in our making too many railroads, but in our bad locaGeneral Hillhouse cause it to be signified to all his employes, tion of them, in dishonest management, in the tricks, combinations, and concentrated power of speculators and other
high and low, that instant dismissal
If this
be
so, the
is
ihe penalty for stock
gambling.
improper men who get into
and
respects,
Such are the suggestions which arise out of this unfortunate affair which has caused the more surprise in the chief dangers
financial circles
scandals.
because of our long exemption from
Mr. Boutwell deserves
publication of the
corrupt age
known
we cannot
free from scandal and
details
credit for
of the
the
affair.
incomplete,
all
such
prompt
If,
in this
expect to keep the Treasury wholly
peculation,
it will
at least contribute
to the public confidence in the Treasury management
to be
assured that whenever any offense occurs it shall
be submitted to the full light ,.f publicity, so that the
criminals
may be punished and that like crimes may be prevented (or
the future.
places
of
trust.
in
some others of a kindred
of
our railroad progress; for
many
and
years of active
In
nature,
it
is
these
lie
still
construction
the
very
are
needed before even the most important of the missing links
in the vast chain of interior communications can be supplied.
Such
ba
the
press.
is
the opinion
one most
An
in
we have
favor
The Nation
railroads
and
it
seems to
the public and with the
exception must be
an article from whoso pages
ago.
expressed,
with
is
all
made in regard to the Nation,
we gave our readers a fortnight
iniiinates that the
—
wrong
that
popular enthusiasm for
we have been building too
..
THE CHROmCLE.
3T6
many
many
:
:
—and
railroads
that
mere "
they are
lotteries," as
them pay no dividends.
For some reason the Nation gives 'special pungency to
If he really doubts
his attacii on the Western railroads.
whether the West is benefitting from its railroads, let him
of
how in each
how the houses and
cost.
Does our cotemporary happen to remember
what are the net earnings of the English railroads? The
their
aggregate
lars.
lands
struction,
mon«y spent
The
following table
shows how,
in building railroads.
some of
various degrees,
in
the Western States have advanced between 1860 and 1870,
and a few of the particulars suggested
comparison
for
:
EXTENT AND VALUATION OF FARMS.
Acres of lands im-
.
Lands
proved.
I8T0.
Illinois... 19,389,934
in
1870.
I860.
Cash value of
Farms.
Farm Implements.
1860.
1870.
,
1.3,098,374 $920,506,346 $408,944,033 $34,576,687 $17,235,472
8,242,183
634.804,189
.356,712,175
17,676,591
10,457,897
Iowa
9,396,467
3,792,792
392,662,411
119,899,547
20,509,582
5.327,' 33
Kansas.... 1,971,003
Michigan.. 5,096,939
405,468
90,327,040
12,258,239
4,503,312
72':,694
3,476.296
39?,240,578
160,836,495
13,711,979
5,819,832
Minnesota 2,322,162
556,250
<)7,'M7,442
27.50.5,922
6,721,120
1,018,183
Ohio
14,469,1*) 12,635,394 1,054,465,226 678,132,991 25,692,787 17,.535,832
Oregon .. 1.116,290
22,3,52,989
896,414
15,200,593
1,293,717
952,313
Wisconsin 5,899,;:43
300,414,064 131,117,164
3,746,167
2,112,937
5,7.-)8,847
NU3IBER or LIVE STOCK, TOTAL ESTATE AND LENGTH OF RAILROADS.
Total Estate.
Live Stoclj.
Total length of
Number.
Va.uation.
Railroads.
1860.
1870.
1860.
149,756,698
1860.
72,.501,225
1870.
Illinois
$764,787,000
$.389,207,.372
4,823
2,790
Imiiana
.83,776,782
41,855,539
663,455,044
411042,424
3,177
2,163
Iowa
82,987,133
22,476,293
308,098,165
205,166,985
2,68.3
655
Kansaa
Michigan
23,173,185
3,3.32,450
99,254,420
.52,518,2.32
1,501
none.
49,809,869
23,714,771
292,908,809
103,533,005
1,6.38
779
Minnesota.. 20,118,841
120,300,528
Ohio
3,642,841
84,160,.368
32.018,773
1,072
none.
80,384,819 1,512,437,886
959,861,101
3,538
2,946
159
none.
1,512
905
. . .
OrcgOB
Wisconsin
It is
.
.
6,828,675
5.946,255
31,798,510
19,024,915
45,310,882
17,807,375
333,447,568
156,226,169
a long tinie since
columns of the Nation an
sound
article
the
thoughtful
running so contrary to
Nearly 40
opinion.
popular
in
seeii
years ago
Michel
Chevalier came to this country, and found us so enthusiastic
about railroads that he repeatedly mentions the fact in his
If he were to come here to-day he would find us
letters.
Even the Nation confesses that " a sort of mania
the same.
may be
what
is
the
amount they earn
presently
for their con-
owners?
for their
Let us quote the evidence which the Nation
offers
on
this
point
'•
The gross annual earnings of this system are about $405,000,which not more than 33 per cent can be get down to net
000, of
a total of $150,000,000— being exactly five per cent on the
* Dividends on capital stock represent, however
profit, or
rost.
*
*
but a small portion of the net earnings of the system, the great
bulk of which is necessaiily devoted to the payment of interest
and to development. As regards the proportion which their
reported net earnings, whether devoted to dividends or however
Massachusetts appear to be the most prosperous in the country,
their percentage rising as high as 8.41
Pennsylvania comes next
with 8.3 Connecticut reports 7.16 New York, 7.5 while Ohio,
the only other State which furnishes reliable returns, falls as low
as 4.9 per cent."
;
;
;
;
Our cotemporary reminds us of
eminent member of
the veracious little story
related of an
the English bar, whose
was that he seldom read his brief beforehand. He
one day rose in court and argued his case dead against his
client, and was at length stopped by the whisper from his
junior, "We are on the other side."
The Nation'' s facts
are dead against his theory.
Tie fajs uur railroads are
boast
it
a lottery, and he proves that they earn a larger percentage
on their cost than the English railways earn.
will scarcely
is
wc have
shall
applied, bear to the entire cost of their construction, the roads of
1880.
Indiana... 10,104,279
1870.
we
sum having been expended
This vast
State
the farms have multiplied, and
ure largely created by the
than five per cent, as
is less
This argument then of the Nation proves too much.
The cost of our railroads he states at 3000 millions of dol-
show.
take the census reports, and as he notes
have risen in value, how the products of the earth have
augmented and the riches of the people have grown, let him
recognize the fact that all these movements result from and
[September 21, 1872.
a lottery, offering blanks and few prizes to
L^t us look at that system and see how
ours.
The Nation
venture to say that the British railroad system
investors.
its
compares with
In 1871 the capital of the British railroads was re-
ported at £520,400,000, the total
working e.xpenses 48'8 per
the percentage of traffic
receipts
building the lines, 8-i>8 per cent.
one half was net
profit,
traffic
cent., the
it
£46,711,125, the
mileage 14,700 miles,
expended in
about
to
capital
01
their earnings,
amounting to 4.40 per
cent.
Sub-
Our enthusiasm
joined is a table exhibiting all these facts, with a comparison
has survived the shocks and changes of 40 year.s. Expeof former years
rience has caused no abatement, but it is if possible more
RAILROADS OF GREAT BRITAIN, TUEIR CAPITAL AND EARNINGS.
vehement «ith ripening age.
>
>
<
o 2 •ao5
g
a n
No doubt we have built during this period a number of
in
a
»
p
o
3
rBut, like
railroads which, like Erie, do not pay dividends.
3
Year.
n
•a
n
Erie, they are most of them invaluable aids to the comIt
a
£.
merce of the country, and they can be made to earn divi•5'
9
p.
;1
a
E?
economical,
more
more
honest,
faithful
more
dends by a
as regards railroads
said to exist."
4
r. -1
ro
<J>
^^
CO
Hi
i»
n
-i
!?
'
.
13
£
management. Besides, there are fewer of such non dividendpaying roads in- this country than the Nation seems to sup.
There has come a period in the history of many railpose.
roads when their securities have ceased to be a football in
Wall street, and have taken their place among sound, divi
Every year the circle of such
dend-paying investments.
roads is increasing, and it will at length comprehend almost
the whole.
It is also
true that
many
persons have losi'money
in rail-
But few persons that took hold of such
prudently
and kept hold of them through
investments
all discouragements, have failed to save themselves in the
road investmeuts.
long run, or to
fair to
make money by
blame our railroad system
tive operations based on
judgment, and
their ventures.
for the
little capital,
hindering rather than
It is
not
wreck of specula-
sustained with less
speeding
railroad
progress.
Neither is it fair to impeach our railroad system while
yet incomplete, and to denounce it as a " lottery " because,
8s the Nation says, the net earnings of the whole of the railroads in the United States amount but to five per cent on
00
to
£
£
\A
i
£
1842..
5-1,380,100
33,362
4,470,700
2,743
1843..
60,637,100
34.929
5,022,650
2,893
per ct
miles. per
ct.
per
ct.
40
40
1,630
8.22
4.93
1,730
8.28
4.94
1844..
66,882,100
34,200
6,814,940
2,982
8.70
75,646,100
33,736
6,909,270
3,080
40
40
1,950
1845.
2,243
9.13
1846..
87,765,100
30,903
7,945,870
3,797
42
8,840
8.05
1847..
114,728,000
30,924
9,277,670
2,501
42
3,710
8.08
1818..
151,200,000
33,333
10,445,100
2,258
42
4,626
6.77
1849..
197,000,000
33,110
11,683,800
2,000
42
5 950
5.93
6.22
5.18
5.25
4.69
4.06
3.44
1850..
230,522,730
34,236
1861..
236,841,420
34,1S6
1852..
248,093,520
1853..
13,112,235
1,914
42
6,733
5.70
3.31
14,987,310
2,163
42
6.928
6.38
3.67
33,816
15,513,610
2,118
45
7,337
6.27
3.44
263,636,320
33,912
17,920,530
2,305
44
7,774
6.80
1854..
273,860,009
34,113
80,000,000
2,491
46
8,028
7.30
1855.
293,993,000
35,474
21,42.3,315
2,564
47
8,285
7.28
3.80
3.93
3. 86
1856..
3118,946,260
34,668
23,095,500
2,642
48
8,741
7.62
3.;
1857..
311,153,670
33,204
24,164,465
2,579
48
9,371
7.77
4.M
1858..
319,950,000
33,533
23,863.764
2,499
48
9,550
7.46
3.88
1859..
328,219,100
32,871
25.670,783
2,573
48
9,923
7.82
4.07
I860..
a37,827,200
32,640
27,676,783
2,674
47X
10,350
8.19
4.30
1861..
352,386,100
32,478
28,56;3,.374
2,632
48
10,850
8.18
4.24
1862..
370,107,280
32,868
2S,980,612
2,527
48
11,470
7.83
4 07
1863..
387,246,200
32,268
30,798 660
2,545
48
12,104
7.95
4.13
1864..
408,396,680
3-3,303
33,582,497
2,678
47
12,682
8.20
4.33
,
6
1865..
433,568,100
32,873
35,635,838
2,702
48
13,189
7.22
1866..
433,746,800
34,039
37,815,927
2,776
48.8 13,621
8.16
4.37
4.17
1867.
479,167,300
34,177
39,140,540
2,71>4
50.6 14,020
8.11
4.(1
1868..
430,893,400
34,233
39,823,268
2,800
49.5 14,223
8.18
1869..
494,359,000
34.297
41,595,661
8,8:m
47.5 34,414
8.48
4.13
4.48
1870.
501,381,000
34,546
43,626,605
2,909
43. 1 14,610
8.65
4.49
1871..
520,400,000
35,401
46,711,125
3,178
48.8 14,700
8.33
4.53
———
September
i^ I,
The
18? 2,
then, the facts are «8 exhibited
If,
by the Nation, the
rail.
this
edged defects,
found to yield a greater percentage of rev"
enue to
is
owners than the
its
of Great Britain.
It
rid-,
must
its
acknowl-
productive railroad sjstem
also
be
remembered
that
the
population gives the English roads manifest
advantages over ours ; there bein,' in that country 1,400 perdensity o(
ilie
sons for every mile of railway, while
we have but 700
per-
sons per railroad mile.
Moreover, our railroads are spread
over an immensely wider tract of country, for Great Britain
covers but 89,000 square miles, against 2,992,879 square
miles for the United States.
If,
notwithstanding these dis-
advantages, our railroad system
Nation says
it is,
ple will accept
is as productive as the
then we appreh-nd that most of our peo-
its 'past
success as a present gain and a
harbinger of better things to come.
As
the irregularity of the dividends of railroads
to
the small proportion of the net earnings which goes
and
to the
stockholders of a large number of lines, this is accounted lor
by the Nation on the usual plea that much of what the
roads earn
expended in improvements. This we think is
hot a sufficient apology for the disparity, though it is so
often put forth for the purpose.
But of ihis matter, with
is
we must
others,
defer the consideration to a
:
.
cHiiOiNicLE.
road system of
country, notwithsLandinij
—
future article.
^7J
A portion of the route is already traversed by old
one of which is over sixty miles long. These It is proposed to enlarge and deepen, and by means of new sections to complete the connection and open a new outlet to the Mediterranean
which will render the possession of Gibraltar a matter of very
small consequence to either Great Britain or Europe. From careful surveys lately completed it appears that, while the inequalities
Bordeaux.
canals,
of the surface will necessitate the construction of several hundred
locks, there are no dilflculties which cannot be overcome or which
need discourage those interested In the enterprise from undertaking it. The total length of the canal will be about two hundred
and twenty five miles, and its estimated cost is about one hundred
and twenty millions of dollars— a large enough sum to make it
likely that the scheme will be well considered before it secures
the approval of those who will bo invited to subscribe the capital
needed.
There seems to be, however, a popular belief that it
would pay based upon the fact that about twenty million tons of
shipping annually pass through the Straits of Gibraltar to the
Mediterranean and around the Cape of Good Hope to India and
China.
Reforms in Pier and Wharf Manaobment.—Now
the
management
that
of Quarantine has been effectually, and, let us
hope, permanently reformed, and commerce relieved from the
necessity of paying tribute to official corruption in the form of
excessive lighterage charges, inspectors' fees, &c., our merchants
and shippers could, with great advantage, turn their attention to
the abuses which is claimed are openly practiced by the harbor
The charge is that those officials carry on a regular
system of blackmailing, and that those who refuse to buy their
masters.
CURRENT TOPICS.
favor are subjected to great inconvenience in getting suitable
for vessels.
As the harbor masters have
the arrangement of vessels, they can easily arrange to give the
most desirable berths to those who pay most liberally for the
privilege.
They also bleed shipmasters by requiring those who
would be welt provided for to employ particular tugs, in the
earnings of which they have an interest, although the services
Government Competition with Private Enterprise.—By wharf accommodations
an order lately issued under authority of tke Postmaster General,
he public are informed that the Government has made all the
arrangements necessary to insure the smooth working of the
parcel post system, and that the Post Office Department has
entered into competition with the private express companies for
the transportation of packages of all kinds not above a certain
weight and not of an explosive or otherwise dangerous characterSuch packages will hen:eforth be carried by the mails at rates
omewhat lower for long distances than are charged by the
xpress companies. We cannot but look with regiet upon this
gradual increasing of the duties and powers of our governmental
^machinery. We regret it chiefly because we believe it wrong in
principle
ting
;
but there are also grave
diflaculties in
the
way
of put-
For instance, it will burden the mails, and
necessitate important and costly additions to the machinery of the
Post Oflice Department, without proportionately increasing its
revenues and it will draw away a good deal of business from
private companies, which will, in consequence, be compelled to
confine their operations within narrower limits, and in Hie end,
into practice.
it
;
the plan succeeds, will drive out of the business the most
responsible carriers, although the Government does not propose
had much cheaper. It is certainly time that
was Investigated, and if |the abuses complained of are
found to exist, that they be removed, and such changes be made
in the system of official appointments as will render mere politicians inelligible. There is, indeed, even more necessity for
of other tugs can be
this matter
reform here than in the Health Office under the late incumbent.
Quarantine extortions could at most only seriously affect vessels
engaged in the foreign trade, while the blackmailing
operations of the harbor masters reach all classes of shipping
coming to our wharves. If our merchants and shippers would
take this matter in hand no serious difficulty would be experienced in effecting necessary reforms. It is only because of the
apathy and indifference of those oppressed in these matters that
oppression is possible.
'f
to
make
accountable in case of logs. The advantage gained
by the public in lower rates will be dearly purchased at the
expense of the security which they now enjoy through the legal
itself
CHANGES IN TUB KBUiJIIJMINU AUIiNTS UP NATIONill. RAKKS
The following are the changes in the Redeeming Agents of
Banks approved since the 12th instant.
These
weekly changes are lurnished by, and published in accordance
with an arrangement made with the Comptroller of the Currency
National
:
obligations and responsibilities imposed upon the private companies and, however perfect may be the workings of the parcel
post system, it will be found that, by crippling the express companies, the Government has not served the public interest. But
NAKB or BANK.
;
the main objection to this new plan is that in undertaking to
provide " facilities for trade" the Government oversteps what in
our opinion are the clearly defined limits of its authority. So far
as we are concerned, the English example of governmental inter,
erence with private enterprise is of no force. It is not safe for us
o follow such an example, as our Government is different and
our people are
different.
We
Department will recon.
abandoning the express busi-
trust the
sider the matter,
and see reason for
In the transportation and distribution of the mails it has
a duty which it has never yet succeeded in performing to the
satisfaction of the public.
Here is scope for any ambition— the
ness.
perfecting of our postal system and let us leave to private enter
prise the management of our telegraphs, railroads, steamboat
lines and express business.
;
The Proposed Canal from Bordeaux to Cette.—Not dis
couraged by the financial viscissitudes of the Suez Canal Company,
the people of France are just now manifesting a lively interest in
the subject of ship canals, and several undertakings of this nature
are proposed, of which the most popular appears to be that of
a caAal from the Bay of Biscay, at Cette, to the Mediterranean at
Nortli Carolina—
FayettevlUe
.
Tennessee—
Murfreesboro.
Oliio—
Mansfield
IndianaPeru...
BXDIEIIINS ASKHT.
Fayetlcville Tlie ContinenUl National Banlc of
National Banlc..
New York, approved in place of tlie
National J'aik Bank of New York.
The Stones River The National Park Bank of New York,
Tlie
National Bank...
Farmer'8 National Banic
approved.
Tlie
The National Park Bank
Tlie First National
The
of NeW York,
approved in place of the American
National Bank of New York.
Banlt
First National
nati, O.,
Bank of Cincin-
approved as au additional
Kedemption Agent.
Indiana^
Liberty
The Union County The Fourth National Bank
Natioual Bank...
of Cincin-
nati, O., approved.
The Mount Vernon The Third National Bank of St. Louis,
Mount Vernon.
National Bank
Mo., approved.
Illinois
The Second Nation- The Second National Bank of St Louis,
Cliarleston.
al Bank
Mo., approved as an additional Ko\_ deniption Agent
Iowa—
The Brighton Na-jThe Union NationallBank of Chicago,
tional Bank
Brighton
III., approved.
Minnesota
The North Western The Union National Bank of Chicago,
National Bank
Minneapolis...
111., approved.
Missouri
The First National The third National Bank of 8t Loula,
Bank
Carthage
Mo.j approved.
The First National The \alley National Dank of St Lonla,
Kansas—
Bank
Mo., approved.
Council Grove.
Kansas
The First National The V illey National Bank of St. Louis.
Bank
Mo., approved as an additional KcBaxter Springs.
deemlng Agent
Illinois
I
j
Neiv National Banks.
The following is a list of National Banks organized
week ending Sept. 19, viz.
for
the
Omcia! No.
«,W5— The Gorman National Bank
of the City of Newark, Newark, New Jersey
Authorized capital, $200,000 ; paid in capital, $100,uOO. laador Lehman
:
.
;
:
:
THE CHRONICLE.
37S
President
Wm.
;
September
Authorized to commence business
R. Drake, Cashier.
14, 1878.
S.046— The First National Bank of Buchanan, Michigan. Authorized capital,
$60,000: Bald in capital, t.i7,.500. T. M. Fulton, President; A. T. Ross,
Cashier. Authorized to commence business September 16, 1872.
4,047— The Central National Bank of Chicago, Illinois. Authorized capital,
J.
$200,000; paid in capital, $200,000. Wm. F. EudicoU, President
McK. Sanger, Cashier. Authorized to commence business September
[September 21, 1372.
and
it will be noticed that those of wheat and flour are very
small
TOOK op GRAIN, AO. IN THE PORT OP LIVERPOOL, MADE VT BY THE ASSOCIATION OP THE CORN TRADE.
August
;
18, 1874.
Home National Bank of Chicago, Illinois. Authorized capital,
paid in capital $125,000. Augustus L. Chetlain, President
George W. Fuller, Cashier. Authorized to commence business September 19, 1872.
2,049_The East Tennessee National Bank of Knoxville, Tennessee. Authorized capital, $100,000: paid in capital, $100,000. Richard C. Jackson,
President; William B. French, Cashier. Authorized to commence
business September 19, 1872.
2,048— The
$•250,000;
CateBt JllouetarB anlJ dommercial €iiglial) JJcroa.
Juna
31,
1871.
Wheat
30,
267,480
Beans
Peas
2,036
11,045
26,229
5,271
3,163
32.067
40,237
Indian Corn
66,.373
12,01:)
9:j,454
8,793
60,i4S
74,997
4,806
52,267
29.302
Barley
Malt
Oats
Oatmeal
Flour
Flour
Loads.
Sacks.
Barrels.
August
31,
1872.
1872.
Quarters. 455,784
3 038
191.793
2.000
1,261
.388
22,3.33
33.443
13,177
231,174
3,075
26,693
24,219
There are many complaints regarding the potato crop, and it is
asser.ed that ou heavy land a large breadth will prove to be
valueless. The potato market, however, is still free from excite
ment, and what is remarkable, tlie supplies sent to market
this week have been freer from the disease.
It is expected, how.
evjr, that as soon as the supplies from Lincolnshire and Yorkshire, where the disease is said to be in a severe form, oome
forward, the full extent of the injury will be ascertained.
still
KATES OF B.VCHAN6B AT LONDON, AND ON LONbOM
AT LATEST DATES.
•
EXCHANGE AT LONDONSEPTEMBER
EXCHANGE ON LONDON.
t).
ON—
Amsterdam
Antwerp
Hamburg
Iia
short.
. .
LATEST
DATS.
BATB.
TIKB.
®!9
1
3 months. 25.65
Sept.
"
"
1>4
@,2S.70
13.I0Jf@;3.10Ji
Paris
Paris
short.
short.
6.
12.
Messrs. Sutton, Miller & Co.. of London, and M. Lion Hertz, of
Amsterdam, are authorized to receive subscriptions to $3,750,000
first mortgage sinking fund gold bonds of the Canada, Michigan
and Chicago Railway Company. The object is to construct a line
110 miles in length from St. Clair to Lansing, which will connect
the Canadian system of Railways, or rather the Grand Trunk and
Canada Southern Railways, with Chicago, and will forma shorter
and more direct route to New York than any yet in existence.
The bonds are to be issued at the price of £166 5s. per £200
bond, and interest will be payable in London, at the Anglo-Hungarian Bank on the 1st of April and the let of October, at the
rate of £7 53. lOd. sterling per coupon. The principal is repayable
at or within 30 years by annual drawings, commencing on September 30, 1879.
The capital stock of the undertaking is
1
25.55
3mo8.
13.
short
25.55
Sept. 6.
3mos.
1011.90
..
short.
6.21
118
'^
3mos.
@25.H5
2;.E5
HATE.
TIHB.
6X
3 months. 25.85
.®25.90
11.17)(f@ll.22>i
fi.24
@tt.24>i
Vienna
Frankfort
119K@'.19>i
St. Petersburg
n^i&u^i
4S a4H>i
Cadiz
Lisbon
90 days.
52K®5a7i
Milan
3 months. 127.85 ©27 90
27.85 ©27.90
Naples
27.65 ©27.90
Sept.
Aug.
Aug.
July
Aug.
...
Valparaiso
,,
..
Singapore
Hong Kong...
Shanghai
Ceylon
CO days.
4«. 6d.
4!. 6d.
"
Ang.
Aug.
*'
*'
U. iO%d.
1«. 10%d.
**
Bombay
'*
Madras
li.
"
Calcutta
Sydney
30 days.
....
....
....
|
New York
Bahitt
32K
....
Rio de Janeiro
Pernambnco
1
Sept.
6.
19,
imy.
60 days.
90 days.
25 Jf
10.
5
inmix
16}^
31.
12.
25K
6mos.
17.
4s. 5Kd.
6«. id.
26.
5.
6mos.
4.
fimos.
60 days.
U.
14,000,000.
11 5-16(f.
10%d.
U. iO^id
Sept.
X per cent dis.
July
16.
Is.
M
I15-16d.
dis. to
X prm.
LFrom our ovn correspondent.
London, Saturday, September
the principal shareholders, and in addition to foregoing dock dues
|
Tlie weatber has continued very favorable,
now
7.
and barvest work
is
almost completed tbroughout the country but tbat the
is deficient, not only in quantity but also in quality,
;
wheat crop
only too evident. Now that this ia an ascertained fact, the
wheat trade has been very firm and, as good and fine English
wheat is very scarce, there has been an active inquiry for the
better kinds of foreign produce. Some fine 1868 Danlzic wheat sold
on Monday at the unusual price of 723. per quarter, and it ia quite
is
;
possible that 708. will soon be the current price for fine foreign
The
wheat which has, so far, attract.
Saxonska of last years growth. This wheat
mixed well with last year's English produce, and having given
satisfaction, has natiirally been much sought after.
That the
trade for good dry foreign wheat will continue very firm is manifest for although the trade have been anticipating large supplied
of produce from France, yet French wheat and flour comes
forward somewhat slowly, French farmers, like those of all
wheat.
description of foreign
attention
ei
is
;
The
other countries, being reluctant sellers in a rising market.
corn trade has already given firmness
the French corn trade, and it is probable that we shall not
activity of the British
to
receive
tjie
anticipated supplies of French produce until there
is
has been reached.
We are now enabled to ascertain the extent of our importations
of grain, &c., iuto the United Kingdom during the season which was
brought to a termination on the 31st of August last, and we find
that our receipts of foreign wheat amounted to the heavy total of
sufficient evidence that the highest point
The
39,347,841 cwts., being the largest importation on record.
importation of wheat is much larger than in former season but
those of flour show a considerable falling.off and of barley and
Indian corn they have been very large. Comparing last season's
imports of wheat and flour with those of 1869-70 we find that
;
they were almost precisely equivalent
Wheat
Barley
Oats
Peas
Beans
The export
Cwt.
Cwt
Cwt.
34,744,046
7,067,092
10,460,616
986,381
2,191,921
16,:«4.8B2
4,391,672
37,285,200
7,785,286
30,110.164
8,903.824
6,018.807
3,350,633
11,4.%302
1,986,195
1,695,754
17.616,200
5,631,975
are as follows
Par cent.
Bankrate
Open-market rates:
80 and 60 days' bills
3 months' bills
l,071,.'i45
2,309,218
14,236.321
4,256,127
wheat during the season was about 3,200,000
cwt. and of flour 85,000 cwt.
The following statement shows the stocks of grain
:
18li8-69.
Cwt.
22,7.38.081
of
1869-70.
89,317.841
12,068,979
10,916,414
1,110,4*4
8,278893
Indian corn
Flour
1870-71.
for the space of one year, has promised to coal the vessels free
during the same period. The vessel was christened the Glamorgan, by Miss Foster, niece of Mr. J. Edgar Thompson, President
of the Pennpylvania Central Railroad.
Among the visitors
present was Mr. John Boyle, trastee to the Marquis of Bute, who
stated tbat his Lordship would have been present but for the
accident which recently befell him. The Glamorgan is a very
fine vessel, 2,500 tons, 340 feet in length over all, fitted with
powerful engines. It is expected to do the Atlantic voyage ia
nine days. The decorations of her saloons have been specially
designed by Mr. Burges, the London architect. A sister vessel is
on the stocks, and will very shortly be completed.
The Bank return published this week is less favorable, the proportion of reserves to liabilities having declined from 45 to 42 per
cent.
Although there is no demand for gold for export, and
although large supplies have been sent into the Bank, the
increase in the stock of bullion is trifling. This is due to three
causes viz., the requirements of the agricultural community for
the harvest, the wants of tourists and the higher rate of wages.
The two first [are temporary, but with regard to the latter it is
probable that it will prove to be permanent, and that the circulation of coin amongst the working clas.ses will continue large unti'
a commercial crisis or a panic of some kind again visits us. It is
not now expected that the price of money will be reduced. In
addition to the uncertainty about the German demand for gold>
there is the fact that we shall require a very large supply of
foreign grain, for which we shall have to pay a high price, and
which must, in some way or other, have an influence upon the
exchanges. Those imports of grain may not necessitate an export
of gold, but they may have the effect of considerably diminishing
our imports of the precious metals, and for that reason, a check
will be, if such has not already been the case, given to the downward movement! in thejjvalue of money. The quotations for
money
IMPORTS OP ORAIN ISTO THK DNITBD RINQDOH.
1871-72.
On Wednesday afternoon the first of a new line of steamers
intended to ply between Cardiff" and New York, was launched by
Messrs. Simon & Co., Renfrew. The Marquis of Bute is one of
at Liverpool
The
I
3,V®-3,V
3X©3X
Per cent.
|
3X1
4 months'
bank
bills
months' bank bills
4 and 6 months' trade
6
3>f©3X
Sfi&3^
bills. 4
©4^
I
rates of interest allowed
by the
joint stock
discount houses for deposits are subjoined
banks and
:
Percent.
Joint stock banks
Discount houses at call
Discount houses with 7 days' notice
Discount houses with 14 days' notice...
2X
2>i
2Ji
3X
:
:
:
.
.
THE CHRONICLE.
September 21, 1872.
The following are the quotations for money
at the leading Conti-
nental cities
Banlc 0|>en
rate, market,
per cent, per cent.
s
4X-5
Paris
lIumbuT);..
Berlin
.
7
6
1
7
3^
3X
Komo
S
4><-5
5
Antwerp
Bremen
4
3
3>i
2Ji
C
LelpzlK
4X
4X
3Ji
.
market
PeKTSburg
St.
celona..
Ojiun
rate,
Lisbon and Oporto
Brnsscla
Turin, Florence
Vienna anil Trioato.
Madrid, Cadiz and Bar-
Bank
per cent, per cent
AmatcrcUm
Frankfort
and
following statement shows the present position of the Bank
of England, the Bank rate of discount, the price of Consols,
the average quotation for English Wheat, the price of Middling
The
Upland Cotton, and of No. 40 Mule Varn, fair second quality,
and the weekly Clearing House return compared with the four
previous years
1871.
1872
£
£
£
JE
billu
23.»18,22S
21.a7H,792
6,110,544
19,315,454
12,483,861
19,442,U33
25,631,434
6,421,985
21,202,265
12,629,8:M
20,996,669
3X p. c.
1870.
1869.
1868.
bank post
JE
2<,435,4'.'4
Public deposits
3,715,925
19,423,966
secnrlties. 1.3,790,131
securities
16,215,856
4,.'j(i9,»73
Other deposits
n,552,943
Government
!4,.139,928
Other
Reserve of notes and
14,331,091
coin
12,217,155
20,602,050
11,860,193
20,766,148
2 p. c.
Coin and bullion
Bankratc
Consols
2^
Clearing House
p. c.
<i\%i.
92Jid.
93Jid.
Price of wheat
498. Id.
678. lid.
3d.
10>id.
658.
Mid. Upland cotton ..
Ho.40 mule yam fair 2d
Quality
13^d.
1.3,7ti8,:i(i8
86,')03,190
7,89'.,806
19,33.3,700
13.3.Vi,411
16,860,092
20,930,994
14,727,040
24.816.585
2 p. c.
93"id.
57s. 2d.
11,708,475
23,149,260
9Xd.
.
ls.2iid. U.iXA.
return. 55,472,00J 61,110,000
,
Is. 2d.
3X
P- c.
92Jid.
6d.
69s.
9>id.
10>i;d.
,
the beginning of the year were mach behind shipbuilders are
now In
advance of them with their cnglnen, and the largest works are ci!«»1uk
nlirbtshifts and overtime. One large rolling mill has been idle thl» wi5i-k
fur want
of coal, which is still scarcu and dear, although In »omo ((uartirs It Is
easier
There Is nol much Ulfllculty In getting suppliis at the present high rates but
the low contriicls are kept back as much as possible so that owners may*reaD
as much advantage out of the present high prices as they can. The clieuikal
trade has been dull this week, with few iu'iiiiries. and prices lower. The fall
in the Glasgow |)ig iron has not had much ellect upon the Newcastle trade
except Inasmuch as it showed that iron was gelring easier, which lathe case
here, and orders are sought after as they were not a short time ago. Esparto
grass still cjulet, at low rales.
South Wales.-TIic signs of reaction in the iron trade are, II must be
admitted, rather increasing than otherwise. Those signs, however, are nut
(luite so percepillile in this district as In some of the other large Ironwurking
centres. The iron works are still actively employed, and will continue so for
the next two or three months at least, whatever may occur in the ordinary
way. The same large degree of prosperity characterizei the tiuplate trade
their being little or no change in respect of demand or price. All qualities of
coal are in request, and the tendency of prices is still to advance.
Nolwllhstandlng all apprehensions of a falling oil in the trade, th(f prospects appear to
hopeful still. The masters and men seem to have come to terms as ti> the
wages question, as nothing further has been beard about the threateued
Messrs. Nicol & Co., writing under date of August 8, state the
crop accounts received from the several cotton growing districts
are satisfactory, as the break in the weather has enabled cultivators to go on with weeding.
In the Berars it is believed that the
area under cotton cultivation is in excess of last year, and if alj
goes on well hereafter, a very large crop may be expected.
According to the latest returns the stock of cotton at Havre
amounted to 346,400 bales, against 87.800 bales, of which 30,300
bales against ."jCSOO bales consisted of American produce. The
,
U.'i}ii.
l8.2)id.
«5,32J.000 115,536,000 1M,328,000
exchange have been rather more offered, and
the rates are somewhat more favorable to this country.
The following prices of bullion are from the circular of Messrs.
Pixley, Abell, Langley & Blake
Foreign
379
who at
strike.
:
Including
Circulation,
,
:
bills of
stock at Marseilles
men, 30,700
was 19,300 bales against 20,400 bales at Breand at Amsterdam, 85,700
;
bales, against 44,900 bales
;
bales, against 45,000 bales last year.
quantity of cotton afloat to Havre
bales
It
estimated that the
is
41,000 bales, against 00,300
to Bremen, 10,300 bales, against 18,500 bales, and to Am-
;
is
:
OOLD,
per oz. standard.
per oz standard, last price.
per oz. standard, last price.
peroz.
BarOold
Bar Gold, fine
Bar Gold, Refinable
South American Doubloons
United States Gold Cola
d.
B.
peroz.
77 9
77 9
77 11
73 9
76 8
8.
@
@
@
@
®
d,
..
Stock, .Tanuaty 1
Imports in eight
d.
5-16@5 Ofi
5
0>ii@
0>i
d.
Bar Sliver, Fine
Bar Silver, containing
Pine Cake Silver
Mexican Dollars
Five Franc Pieces
Two
per oz. standard.
per oz. standard
peroz.
5 grs. Gold,
5
B
8.
no price
peroz., old, 5 2.V- new, 5
4 11^,'©
....
per oz. last price
more failures have been reported this week, those,
viz.,
Bombay and London, and Lamb,
an old established house in the West India trade.
of Messrs. Leggatt
&
Co., of
Nash & Co.,
The former has been caused by the suspension of Messrs. Gled.
stanes, and the latter by losses in sugar.
These
much
failures have unsettled the stock markets,
depression to prevail.
The "bulls"
and have caused
of stock appear to be
for, although the mercanstoppages which are taking place tend to make money cheap,
yet they fear that the bankers will be either less willing to
advance upon stock, or will require a larger margin. The fall in
desirous of curtailing their operations
;
tile
railway stocks has been considerable. United States Government
stocks have been flat, but the market for Erie shares has been
rather firm. The following were the closing prices of consols
and the principal American securities this aittrnoon
:
Consols
United States 6 per cent 5 20 bonds, ei4-6
do
2d series
do
]865i8sue
92X@
1867i88ue,
5 per cent. 10-40 bonds, ex 4-6
x
5 per cent Funded Loan, 1871, ex 4-6
Atlantic and Gt West,, 8 per cent. Debent's, Bi8choff8heic^'8 ctfs.
Ditto Consolidated Bonds, 7 per cent.,Bi8choS'ahelm's certificates.
Ditto 1st Mortgage, 7 per cent bonds
Ditto 2d Mortgage, 7 per cent bonds
X
Erie Shares, ei 4-6
.
do
m%
nx
93>i©
92>i@
93J4
92>i
87^®
® 45
@ 70
@ 57
40X
®
@ 93
33]^® 34X"
68
54
40
X 92
104
98
53
93
x
88
89j^® 89X
44
unstamped
Ditto 6 per cent. Convertible Bonds
Illinois Central Shares, $100 pd., ex 4-6
llliuois and St. Louis Bridge, l8t mort
Louisiana per cent. Levee Bonds
Massachusetts 5 per cent, sterling bds, 1900
New Jersey United Canal and Rail bds
Panama Gen. Mort. 7 per cent, bonds, 1897
Pennsylvania Gen. Mort. 6 per ct. bds, 1910
Vireinia6 percent, bonds
92';
9\}4i^
9JJi@
do
do
do
97
9.3
96
41
!g>
®105
®100
® 54
@ 95
@ 99
® 95
® 96=<
® 43
In reference to the trade of Manchester a report from that city
states
The extensive business going on in Liverpool has had the effect of strengthening <iuotation8 in this market. Producers, however, have not succeeded in
obtaining any advance on last week's prices, and throughout the week there
has ouly been a limited business. To-day export yams have been in better
reque-it, and at last Friday's prices considerable business wasofferiug.
Water
twist and mule yarns are quolably higher. Without mnch demand for the
Continent, the business is of a restricted character. Double yarns have met
with more inquiry. Home trade yarns have sold rather more freely. Fine
yarns are firmer, with more doing. Cloth moves but slowly. Shirtings suitable for the India and China markets are steady, but the demand is of small extent. Fine goods are only in limited request. Printing cloths are in more
active demand. Longcloths and domestics quiet, at steady prices. The market closed firm in tone, after a business of moderate extent.
From the
coal
Tlie following
:
SILVER.
8.
sterdam 11,300 bales, against 14,000 bales in 1871.
figures relating to the port of Havre are official
and iron districts the following reports have been
received
NBWCA9TI.E.ON-TTNB.—Trade is very quiet on theTyne at present. There
are no orders coming in for iron or steam shipping, and the old orders are fast
coming to an end, gome firms )>^y« their last orders on the stocks. Engineers,
mouths
1872.
1871.
1870.
18W.
Bales.
139,230
377,486
Bales.
55,160
302,820
Bales.
61,800
424,155
Bala*.
78,860
296,095
516,716
265,515
357,980
277,840
488,956
313,505
374,955
322,755
Total
Deliveries in eight months
Stock, August 31
Price of Ordinary New Orleans
251,201
20,140
115f.
135f.
..
175,450
105f.
52,200
166f.
Advices from Antwerp state that the arrivals of cotton in
August amounted to 3,110 bales, and the sales to 3,083 bales. The
stock on August 31,
was 44,340
bales.
Mr. Helmutb Scbwartze reports that the 4th series of London
sales of Colonial wool commences on the 13th instant., and last
till the 8th October.
There have arrived up to date 89,670
bales
16,533 bales being advised as afloat. The total of fresh
arrivals is not likely to exceed 95,000 bales, and of these about
8,000 bales have been forwarded direct to the Continent of the
country. There will thus be left 87,000 bales, to which must be
added the quantity held over from last sales, estimated variously
at from 35 to 30,000 bales. Altogether there will probably be
about 115,000 bales for disposal in this series. Rather less business has been done during the last six weeks than might have
been expected from the very firm tone of the market at the close
of last sales, and from some quarters, especially from America
the accounts of the trade are not altogether satisfactory. The
:
;
rate of consumption, however,
seems to continue unchecked, and
with the present very moderate supplies hardly any doubt can be
entertained but that the August closing prices will be fully
maintained.
Ensliah Market Reports— Per Cable.
The df\ily closing quotations in the markets of London and Liverpool for the past week have been reported by submarine telegraph
as shown in the following Bummarr
LoTuioti Money and Stock Market.
American securities close
—
at
a general decline from last week.
The
Bank
bullion in the
of England has decreased £538,000
during the past week.
The
rate of
discount of
advanced one-half, and
Consols for
*'
money
account
U. S.68(5-20s,)1865,old...
1867
U.S.
10-409
is
the
now
Sat.
»2Ji
!*2X
93)tf
92X
87X
Bank of England
Mon.
Toes.
92'.
92it
92 "i
93 !»
92
87Ji
89'.
92«
93
92
V
ma
New 58
m'i
89X
The daily quotations for United
fort
has been
four per cent.
Wed.
Thar.
-HX
92V
92)('
93><
91 'i
«X
Pri
na
««
87K
9lH
Snx
91K
87«
89)<
89
89
States 6s (1863) at Frank-
were
Frankfort
....
Liverpool Cotton Markst.
.;..
96^
— See special report of
96
cotton.
Liverpool BreadMufi) Market.— Chia market closes steady,
wheat, peas and flour having advanced.
com
—
:
:
.
—— —
:
:
fflE CHRONICLE.
380
Hon.
Bit.
d.
6
18 5
12 8
13
ip
Flonr fWesUrn)
bbl 30
Wheat(No.8R'dW'n.Bp)f cU
"
"
(Red Winter)
"
(California White) "
«8 9
quarter....
Corn (W.in'd),¥
Barley f Canadian) .... ^ bush 3 6
bnsh
3
Oata(>m.&Can.)....^
Peas (Canadian).
. .
$ Quarter
38
6
1%
IS
13
28
5
5
C
30
12
12
13
28
3
3
9
6
2
9
6
13
28
3
3
38
6
6
Market— 'Vheis
Lwerpool Promsiont
30
d.
8.
B.
6
3
5
80
1-2
2
13
2
9
6
29
12
3
38
ti
tom House.
4
29
3
6
1.
Securities held by the U. 8. Treasurer in trust
banks and balance in the Treasury
I
3
39
6
6
Beef (Pr. races) new 9 tee.
do ybb!.
Pork (mesa)
cat)....
*cwt
"
Lard (American) ...
Cheese (Amer'n fine) "
Liverpool Prodtuse Market.
8. d.
d.
a.
65
52
35
40
60
Wed.
Tues
Hon.
05
52
35
41
60
6
9
e.
d.
65
52
6
d.
8.
65
52
35
41
60
6
Thur.
G
in
Frl.
8. d.
65
52 6
35
41
60
35
41
60
—Petroleum, spirits turpentine and
tallow have each advanced.
Mon.
Sat.
8. d.
d.
8.
8.
12
no
Hoaln(com. N. C.)...*cwt. 12
" fine
"
17
Wed.
Tues.
d.
Mon.
Sat.
£
8.
d.
Lln8'dc'ke(obl).Stn 10
6
64
LlnBeed(Calcutta)....
£
10
Su2ar(No.l20'ch8td)
336
on spot, «l owe
Bpermoil
Vtou84
"
39
39
WbaleoU
"
36 15
3T
Unseed oU
B.
£
o
10
646
336
1
6X
1
2>i
— Linseed
B.
646
336
5>>r
1
2X
J
3
43
9
42
46
Thur.
£
b.
Frl.
616
33 6
31
37
COMMERCIAL AND MISCELLANEOUS NEWS.
—
lUPORTB AND ExpOKTS FOR THE Wbek. The imports this
week show an increase in dry goods and a decrease in genera]
The total imports amount to $8,086,294 this week,
merchandise.
against |8,969,053 last week, and |11,093,938 the previous week.
exports are $5,283,138 this week, against $4,909,999 last
week, and $4,406,670 the previous week. Tlie exports of cotton
the past week were 6,633 bales, against 4,639 bales last week.
The following are the imports at New York for week ending
(for dry goods) Sept. 13, and for the week ending (for general
merchandise) Sept. 1 3
roasioN ihfobtb at nhw tork fob the w:eek.
The
1870.
Dry KOOdB
1871.
$3,467,827
4,098,262
1872.
$3,492,058
211,465,482
$7,566,089
274,279,854
$8,086,294
316,529,866
$217,819,481
$281,845,943
$324,616,160
$2,519,829
4,168,733
$3,220,418
Qeneral merchandiee...
Total for the week.
Previously reported....
$6,688,562
219,806,932
$6,35.3,999
$226,495,494
Since Jan.
1
3,133,581
4,694,236
In our report of the dry goods trade will be fovmd the imports ol
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the week ending
Sept. 17
KXFOBTS rBOM
NBW TOBK FOB THS WSEK.
1869.
Fortheweek
$3752,261
Previously reported
134,120,941
1870.
$3,137,927
127,224,436
1871.
$4,228,364
164,228,013
1872.
$5,283,128
158,503,554
$137,873,202
$130,362,363
$168,456,377
$161,786,682
Since Jan.
1
The following will show the exports of specie from the port of
New York for the week ending Sept. 14, 1873
:
Sept 10—Str. Henry Chauncey,
Liverpool
Goldbara
Savanilla—
French ailver coin
$980
For PanamaUnited Slates silver coin
10,000
Sept. 11 -Str. Bremen, Bremen—
Mexican dollars
17,500
Sept. 11— Str. Russia, Liver,
Silver bars
Sept. 14- Str.
$1,900
3,100
Hermann, Bre-
men
.
Foreign silver coin
For Southampton-
2,000
Silver bars
38,200
Sept 14— Str. Abyasinia, Liv-
pool—
Silverbars
lilvei
14— Str. City of London,
erpool
64,800
Silver bars
Sept.
Total for the week
Previously reported
Total since Jan.
Same time in
207,736
J336.217
$57,252,820
I
$54,817,902
1871
1870
1889
1868
56,916,603
,
1,,1872.
47,419,404
.......25,274,067
..65,352,056
1
I
Same time
1867
1866
1865
In
$41,815,250
5.3,.'J40,758
20,081,780
,
1
The imports of specie at this port during the past week have
been as follows
Sept 9— Str. San Francisco,
Sept 9 -Str. City of Merlda,
Vera Cruz
Sliver
Gold
Sept »— Str.
Plata-
Hamilton$20,836
452
Tybee,
Gold
$9,252
Sept 12— Str. Vicksbnrg, Cape
Havti—
Porto
Silver
Silver
•••
Total for the week
Prevloualy reported „
100
808
..
.2,885,404
.
Total since January
Same time In
1871
1870
$30,943
1,
1872
$2,916,347
Same time
$7,682,509
7,900,432
in
1889
1868!^"".'.".'.'.".V.'.'.V.'.V.'.'..
$9,884,124
'.'.'.'.
5,497",719(
Total.
392,4.53,950
376,9.34,980
Mayll
May 18..
377,558,200
Mayas... 377,749,200
June
June
June
June
June
1... 378, .341,200
8.. 379,148,200
15,.
22
29
.
.
July 6..
July 13..
July 20..
July 27..
Aug.
Ang,
Aug.
Aug.
Ang.
3,.
10..
17..
24..
31..
7..
14..
—
379,429,200
373,768,700
380,400,700
380,420,200
381,108,900
381,374,750
381,934,200
382.834,2110
362,875,200
381,974.200
381 389.200
882,032,200
382,393,200
382,869,300
15,519,000
890,506,4.50
.390,621,450
121,.182,680
8,114,273
124.064,191
128,131,;M3
129,617,930
9,102,9(11
7,.592,«83
9,105,433
tiflcates.
outBt'd'g
38,178,000
27,108,500
26,8:14,000
25 272,500
392.815,900 103,318,856 13,602,100 25.425.300
15,552,000 393,110,200 100,618,.S40
12,019,912 25,578,000
15,552,000 393..301,S00 97,157,152
6,044,370 25,510,700
15,552,000 393,89.3,200
15,722,000 394,870,200 87,339,756
6,557,722 25,083.500
15,722,000 395,151,200 86,719,932
5,429,727 24,729,000
15,722,000 389,490,700 85,889,165
24,876,000
8,077,851
15.790.000 396,190,700
15,809,000 39B, 229,200
15,859,000 396,967,H00
15,8.59,000 397 23:^,750
9.764,610 02,279,300
71,3^841
15,759,000 397,693,200 69,919,613
11,421,353 31,866,800
15.759,000 398,593 200
30,487,680
15,767,000 378,()42;2B0 72,082,407 10,.338,222
30,1!I0,200
7,208,502
15,757,000 397,731.200 71,504.321
1.5,805.000 397,194,200 73,879,591
4,255,597 29,553.700
15,793,000 397,825,200
27,933,000
15,793.000 398,186,200
72,991,220
8,682,879
15,773,000 398,642,300
3.
National bank currency in circulation fractional currency
received from the Currency Bureau by U. S. Treasurer, and distributed weekly ; also the amount of legal tenders distributed
Week
34
,—Bal. in Treasury.—,
Currency.
Coin.
S.
lS»y4..
ending
Aprils
.59
37
For U.
391,171,450
392,250,950
d.
b.
0084008400840084008400
3H
39
39
37
For
Circulation. Deposits.
April 6. 374,856,450 15,650,000
April 18. 375,212,4.50 15,409,000
April 20. 375,6fi2,4.W 15,509,000
Anril 27. 376,691,950 15,559,000
646
10
for National
Coin cer
Week
ending
Sept
Sept
£
d.
10
646
336
5x
1
1
has advanced
oil
d.
s.
10
d.
8.
12
43 9
42
46
Wed.
£
d.
d.
B.
no no
43 9
42
45
Tues.
d.
Frl
IJ
11
n
Petroleam(reflned)....^pgal 1 5!i 1 5X 1 5>f
"
1
1
(spirits)
2>^ 1 8>i
2X
43
43
Tallow(American)...» cwt. 43
42
42
42
Cloversead (Am. red)
45
45
Spirits turpentine. ..¥ cwt. 45
London Produce and Oil Markets.
Ss. and sugar 6d. since last Friday.
d.
8.
12
11
Thur.
—
.
these prices.
Sat.
d.
8.
65
52 6
35
41
60
—The following forms present a summary
weekly transactions at the National Treasury and Cus-
3
8
no change "_to note
is
of certain
31
12
12
6
3
d"
e.
6
3
S
—
[September 2l, lti2.
National Trbasxtrt.
Pri
Thtir.
d.
6
12 3
12 5
e. d.
30
3
3
38
Wed.
Taes.
d.
8.
8.
Bacon(Cum.
:
;
Notes In , -.Fractional Currency.—, Leg. Ten.
Received. Distributed. Distrib'd.
Circulation
322,751,322
333,299,692
333,289.819
333,575,557
333,771,627
April 13
April 20
April 27
May 4.
Mayll
May 18.
May 35..
3:14,000,303
334, .324,248
334,464,323
334,934,913
June 1.
June 8.
June 15.
June 22.
June 29.
a3.5, 481,477
335.7*1,997
345,908,317
336,180,612
July 6.
July 13.
July 20.
July 27
Aug.
Aug.
Aug.
Aug.
Ang.
336,119,.372
336.274,772
338,558,092
337,074,657
337,535,912
337,296,477
338,191,287
338,680,027
3.
10.
17
24,
31.
Sept 7
Sept 14
339,077,979
339,402,094
New York
587,200
924,000
930,000
931,200
880,800
500,000
340,800
319,206
216,1100
1.886,000
210,400
327,200
829,800
916,000
1,078,400
1,116.400
1,016,800
534,400
46.3,200
258,800
198,000
209,200
492,800
677,600
575,600
856,600
694,000
622,400
602,400
641,600
495,600
1,068,800
293,000
1,008,000
634,000
910,000
433,600
984,200
683,000
723,200
787,000
470,400
880,900
565,200
612,400
701,400
808,000
624,200
2,328,000
616,500
733,500
531,500
3,245,000
1,053,500
463,500
869,000
3,031,000
280,800
544,400
910.500
446.500
2,735,500
511,600
1,045,100
786,300
503,500
475,500
626,500
631,500
1,140,500
667,000
824,500
(Indersroand Railroad.— The New York Times
reports Mr. Buckhout, the engineer in charge of this work, to
have said " I hope to commence work at both ends of Commodore
Vanderbilt's underground railway, namely, at City Hall and at
Fifty-sixth street and Fourth avenue, on or before the 15th inst."
The depot at the City Hall will be opposite the north end of the
Post Office, facing Beekman street, and will be 112 feet long and
50 feet broad. The track at this point will be sunk about nineteen feet below the street level. There are to be eight stations
along the road. The route of the new road is to be as follows
From the City Hall Park it curves into Centre street, near the
Register's office then in Centre as far as Reade then it runs
through the centre of the blocks south of Park street, cro8.sing
Duane, Pearl, Baxter, Worth, Mulberry, Mott, Doyer and Pell,
the latter situated in the close vicinity of Chatham square, where
Following the Bowery until Cooper
it reaches the Bowery.
Institute is reached, the road diverges into Fourth avenue, passing
to the east side of the Grand Central and along to Fifty-sixth
street, where it will connect temporarily with the Harlem Railroad. From Thirteenth to Eighteenth street the road will lead
through solid rock. At the Murray Hill tunnel, running from
Thirty-fourth to Fortioth streets, the line will be underpinned
which means that a second tunnel will be built, and the Fourth
avenue cars will run over the underground railroad tunnel. The
top of the tunnel will be, on an average, three feet below the
street's surface.
Mr. Buckhout is hopeful that the down-town
portion of the road will be constructed within two years, but the
up town portion, on account of the engineering difficulties, will
probably take longer. In a few days commissioners will be
appointed to appraise some property in the vicinity of the Five
Points, where a depressed, road will be built, and about which a
disagreement as to price has occurred between Commodore Vanderbilt and the owners.
;
:
;
;
—We
have received from the editor of the Bankers' Magazine
" A Manual of Foreign Exchange," containing much valuable
information for bankers and merchants, especially such as have
business with foreign countries. It gives easy rules for calculating English, French, German and indirect exchange, with some
facts about the quotations of United States bonda in foreign
markets, not generally understood. It contains also valuable deThe author is Mr. Robert
tails of the debt of the United States.
K. Lovett, of Philadelphia.
call attention to the card of Messrs. Hewson, Kilbreth &
This firm is lately
Co., bankers and brokers. No. 11 Wall street.
organized, and is composed of Mr. J. H. Hewson, late Vice President of the Fourth National Bank, Cincinnati, and Mr. J. W.
Kilbreth, member of the New York Stock Exchange, general
—We
partners, and Mr. F. T. White, of Cincinnati, special partner.
Mr. White, as special partner, contributes $100,000 to the capital.
The firm will do a general banking and stock business, and give
Special attention to Cincinnati business paper.
.
:
.
:
THE CHRONICLE.
September 21, ls72.]
881
Erie stock had become very scarce, bo that \ and f of one per
day was paid for its use, that difference being noted
between cash and regular sales at the Board. There had been a
BANKING AND FINANCIAL.
cent, per
BANKING HOUSE OF FISK & HATCH,
No. 5 Nassau street.
New Youk, September 18, 1872.
Deposits received, on whicli we allow interest at the rate of
four per cent per annum.
Special arrangements made with
Savings Banks and others dopositln^ large amounts.
We
issue Certificates of Deposit available in all parts of the
country, and boariun interest in case of special deposit.
We
malie collections for merchants and others in
all
parts of
the country.
Orders for Investraent Stocks and Bonds executed at the Stock
on commission, for cash.
We deal in Qovorninent and other first-class Securities, such as
Central Pacific and Chesanoake and Ohio Bonds.
Kxclian<];o,
The Chesapeake and Ohio Loan having been withdrawn from
the market by the Company, the small amount remaining on
hand will be disposed of at private sale, giving investors an
opportunity to purcliase this favorite security upon terms which
sliould ensure
an advance upon the completion ot the road and
introduction at the Stock Excliange.
heavy short interest in Erie on the part of the Smith and Goald
party, and this was developed in the first instance by order*
simultaneously received by several of the leading German bankers
to send Erie certificates to the other side as soon as they commenced to execute these orders the scarcity of the stock became
apparent, with tlie necessary result of high rates for Its use, and
an advance in the price. While the German orders were the
immediate cause which precipitated the discovery ot this scarcity
in Erie, the more important and lasting canse wag found in the
heavy purchases of Mr. Daniel Drew, to whom the credit or discredit of the " comer " in Erie is almost wholly attributed.
After
these operations had continued for several days the party who
were short of Erie berame much exasperated, and for the purpose
of Injuring the German bankers, who were supposed to be interested in a new movement to advance gold (entered into since the
old clique sold out in Aujrust), and also to compel. If possible, the
party who was carrying Erie so heavily to sell it out, they endeavored to lock up money and make it excessively stringent. This
statement of the general situation will give, we believe, a toler;
ably clear idea of the circumstances whicli led to the operations
of the present week, which will be long remembered as the week
of the " three comers." Money on call continued to be reasonably
FISK & HATCH.
easy until Tuesday, when the general activity in speculative operations in gold and stocks, and the attempted locking up of money
TO INVESTORS.
by the clique, led to the high rates of 7 per cent, gold and commissions ranging up to % of one per cent, per day. On the two
To tho.so who have funds to invest in large or small amounts, following days rates were
still high and transactions frequently
or who wiali to increase their income from means already invested made at J per cent, a day, though at the close on Thursday rates
To-day the rate in the morning was 7 gold and
in other loss profitable securities, we recommend, after full inves- were much easier.
as an exception 1-10 per cent, a day, and this afternoon loans were
tigation, the Seven-Thirty Gold Bonds of the Northern Pacific
made CL«wn to the artificially l.)w rates of 3 to 5 per cent.
Railroad Company. Bearing seven and three-tenths per cent,
One of the most important topics of discussion in connection with
gold interest, (equal now to Si currency,) and sold at par, they the locking-np movement was the action taken by Mr. Vail, the
yield an income considerably more than one-third greater than U. Cashier of the Bank of Commerce, and also by the CUty Bank, in reby some
S. 5-20's.
They are Coupon and Registered, the lowest daaomi- fusing to pay in legal tenders a certified check presented
members of the party who were supposed to be withdrawing greennation being f 100, the highest, $10,000.
backs. Mr. Vail gave as an excuse that he would not pay the
Nearly one-third of the Main Line of the Road will be com- check to parties who were engaged in such an operation except
use. Mr. Vail
pleted and in operation with a large business the present season. througii the regular channel of the Clearing
All the property and rights of the Company, including a most thus subjected his b ink to a suitat law.and his plucky action was
very generally applauded in fin'incinl circles, though the Clearing
valuable Land Grant, averaging about 23,000 acres per mile of House, at
a meeting held tn-day, did not take any decided action
road, are pledged as security for the first mortgage bonds now upon the subject, and adjourned without settling the question of
tlieir
,
H
propriety.
its
oflered.
All marketable stocks
and bonds are received in exchange at
Descriptive pamphlets and maps, showing Route
current prices.
of road. Connections, Tributary Country, &c., will be furnished on
application.
JAY COOKER*
New
Exchange on England,
Bills of
Ireland, Scotland
meeting, had advanced their rate of discount from 3^ to 4 per
cent.
This rather unusual action was supposed to indicate some
apprehension of trouble in London, but as there was no further
advance at the regular meeting on Thursday the fear was allayed.
The Bank loses £528,000 ii^ bullion. The Bank of France gains
week 100,000 francs in specie.
The last statement of our associated city banks showed a further reduction in their reserves. The total liabilities stood at
CO.,
this
York, Philadelphia and Washington,
Financial Agents, N. P. R. R.
Banking House of Henby Clews &
33 Wall street. N. Y.
Our market was also disturbed on Wednesday by the report
from London that the Bank of England director?, at a special
$337,172,400, and the total reserves at $60,892,800, being $1.^99,700 in excess of 25 per cent, of the liabilities, a decrease of
$632,835 from the previous week.
The following statement shows the changes from previous week
and a comparison with 1871 and 1870:
Co.,)
and the
f
Coita
Loans and
Commercial Credits for use in Europe, South America, East
and We-st Indies, China and Japan.
Circular Notes and Travellers' Credits available in all parts of
the world.
Also, Telegraphic Transfers of
Money on Europe, Havana and
California.
Deposit accounts received, bearing interest and subject to check
at sight.
Certificates of Depost issued and Collections made.
and Railroad Loans negotiated.
CLEWS, HABICHT &
U
State, City
7.
Bept.
Net deposlu
Legal tenders
...
Bept.
Differences.
1
^7.532.9(10
«.»2«.«I0
Dec.
Dec.
Inc.
ilS.eie.^OO
49.068,500
48.105.600
Pec.
Dec.
dls.... |2«7.M« OciG (2'>4.S3n,30
lS.787.ai
t3.4M.330
Specie
Circulation
ISTO.
1871.
1RT2.
,
Sept.
tinent.
16.
tSI2,(Wl.ini
|:,*89,T0O
664,1(10
lol^lOO
«3.V0
4.On).l!O0
80.129.700
34<.896,;(«
963.900
633a.700
but a poor market for commercial paper, as no one
at the pre ent high rates for money, and the best names
are sold at 10 to 12 per cent.
United States Bonds. Government securities, which were
low early in the week, advanced with the rise In gold, and prices
The
of all is«ues, except the currency sixes, are higher.
Government purchase of $3,0Oil,COO on Wednesday, the total
offerings amounting to $4,753,850, also helped to etrenglhen
prices.
During the past day or two there has been (juite a
There
wants it
is
—
good demand from outside purchasers and investors who are
apparently taking hold under the impression that the prices of
governments have reached such a point that they are now a good
Co.,
Old Broad Street. Londc".
purchase.
Closing )>rice8 daily, and the range since January
Sept. Sent. Sept. Sept. Bent. Sept.
D
I
V
I
D
The following Dividends hare been
COMPAJTT.
&
,
ini«cellaneoii«.
United Statea Warehouse Company.
M3K
68, 1381, reir
6s, 1881,
week
coup
•IISX
113»
5-20'8l8S!, coup...
Pkr IWhin
Cbnt. IP'ablb. Books Closbd.
coup... '113J«
••
... •114X
S-a0'sl8e5,n"
...
lias
S-20'8 1864,
5-80'8l86iS,
5-30'Bl8«T.
5-aO'sl868,
Railroads.
.Second A venne
Philadelphia
Trenton .'....'
Long Island
—
n.
cp..'110X*llOX ti:W
14.
fund. 1881,
5s.
ENDS.
declared dnrine the past
Sent. n.
r«'l.4l«.00O
18.800.000
3S.7a>,oin
198.400.000
49.000,000
lOct. 10. Sept. 30 to Oct 10.
2>f free.lOct. lO.Sept. 19toOct.lO.
...
....
IScpt 80 to Oct. «.
$2
"
"
io-40'e, resr...
10-40*6, coupon
Currency6'8
iisg
..
•113
...
16.
'113X
lir.X
114
114
114V
113
113X
!13j<
'107X '107k
Wi\
'lUX USX
*\0'*%
18.
111
VO.
llf.
have
been:
1,
81 nee .January 1.
.
^Lowest.-, ^Hlghest.-^
•i:ox •r.ota vn\ Feb. 81113«
V.«% 113H iisx 113X Sept.lSiinx
'.I4K •'an. S IWS
114X •\u\ •115
lUX 109y Jan. 11 I16H
il3
114K lis
'\UH IISX MISX IHM 109H Jan. 11 11«H
'I!4
IISK
UOX Jan. 13ill6X
....
'114X
'US
112
'van ".IS
lOIX Jan. llill7H
ISS
ns% 1I2X '.ISH MIX ir.V Feb
lllS Feb. 9 117V
U.?X IIJK 'I'SVt 114
107
Feb. 6 :il«
107V 107 i< 'Mr,%
vr,\ 107
\(r,t
ll»7X;Mcb.lS 113X
\in]i,
".iix iiix lllH Sept. 18 117)4
112K
MSK
m%
mv
July
6
May 28
Jnne 6
-'-OK. 6
Acg. 7
Auf;. 1
June •
.I'une 39
June 3
July ao
Aug.
May
I«
»
I
5
Isept.as.lsept. ao toOct.
U
Fridat Etekins, Sept. 20. 1812.,
The money Market.—The past week has unquestionably beei
one of the most remarkable ever witnessed in Wall street. In
oar last report ofjFriday, 13th inst. we referreditojthe fact^that
*
This
Is
tbe price bid, no sale wasuiade at the Board.
Closing prices ot securities in London have been as follows
Sept.
Sept.
Sept.
6.
.9s,5-20s,'6S...
_. 8.(8, 5-aos, 'n..
17.8.58,10-408
New 58
93X
92X
nv
8»X
9SX
92K
37V
S9X
.
I
KH
91V
«H
89
:
Since JanuaiT 1.
Highest.
Lowest.
90S May
91
June
9
19
87X Sept. 10
86X Feb. 8
94H Jan. 3
Jan.
2
94X
Jan.
KM
17
r.% Jan.
i
—
THE CHRONICLE.
382
—
state and Railroad Bonds. Speculative traDsactions in
the favorite Southern State bonds have been below an average
in volume.
Operations have been impeded by the stringency in
money and the excitement in gold and Eric. As to Georgia
bonds, we hear that the Legislature will probably hold valid tlie
quarterly interest gold bonds of 1870. In railroad bonds business ia naturally dull from the causes just referred to, and in
some cases prices are lower. Tlie Pacific Railroad issues, which
were taken eagerly at higher prices, are evidently a more profitable purchase at the present figure. The bids for Chesapeake and
Ohio bonds amounted to |2,891,500, of which about $3,000,000
were accepted, the prices averaging 85 without nccrued interest.
The Central Railroad of New Jersey offers to its stockholders and
those of the Delaware, Lackawanna and Western Company
$3,000,000 of convertible bonds at par. The 7 per cent gold Joan
ot the Lake Ontario Shore Railroad has just been brouglit for-
ward
at 90.
Closing prices daily and the ranjre since Jan.
..yt. Se^t.
rl%
•sTenn., old
eaTeDD., Dew
BBN.Car., old....
6s N.Car., new...
6eVlrg.,old
"
"
Ti'^
•44
^
Via
•24
'ja«
9!)H
1UII>4
J.
Un.Paclaf.
'iiH
Chlc& NW.Bf
78
Rockl! Bid iBt
7fi
Tots
iB
'S%
7SK
W4
'7<
N.Y. Oen, 6b, 1883. 90
ErlelBtin. 78
"i;«s
N.J. Cenlet m 78
Ft Wayne Ist m 78
•
87
s;',<
Un. Pacli'd Or't
tTn. P. Income ...
"91 S4
•m
•95
•ia
•7H,
71
72 W
rav
•auH
•31
iius
m%
•5(1X
•Ti
»
9a
aav
X
•ffl
•2.1
9a
92
VJ\
»'% 99 If
"7%
«7H
79H •73K
V.l«
78
r,%
88X Mch.
25
Mch.
1
Kii Jan. 24
59
Jan.
41'<i July 22
July 23 59X Mch.
15
Sept.aC 21
Jan.
m%
9-i
B6V
11%
:
22!^ Sept. 18
92
.Sept. '.8
99
Kept. :3
86)t Sept. 18
73!< Sept. 18
Mch.
June
40
98
105^ June
12
12
15
22
10
36
24
6
17
94H Jan.
85
Mch. 19
Jan. 18
" 88¥
'91
'n
91
Sept, SI 97
July !6
•103
•103
•m
100
May 4 103X Aug. 3
102% 10iXSept.20 108M Jan. 1
•102H •!«!«
103
Jan. 26 107 K June29
,..
•96
•iww;
S6KSept. 4ll05 Jan. 16
•100
lOOM •iWH lOJM Sept.I9104K June
the prlce^bld. no salt was
made
•78
•31
1'% Sept.
75
:
N.T.Cen&H.K
Harlem
»8K
99)^
»;i3
4»
-69
Erie
do prel
Lake Shore....
Wabash
Northwest
do
pref.
....
51«
70
Si% 88^
72^ 71X
Sept. is.
*
73>i
97'4
98J<
99H
Maiua
112M
i^'A
»70
.'>a*
".
70S
SSX 89X
71J(;
72
i2Y 73K
Sax 90
S9X 89X
Rock Island. .. !10>t llOX IIU)^' llOH
St. Paul
5S!j MX
55
55X
do
76
pref...
76
73X 76
Ohlo*Mlsslp. )SX 44
a'4 WK
Centrnlof N. J 104X ll'4X 104X lOiX
7'4
Boston, H 4 E.
7
7
7M
Del..!,. & W... 100>^ lOOX 1005; lOOX
Hann.&StJos Six 35
30>i 33
do
pref .... 53K
48
48
Union Pacific. 375^ 33K S7X SS%
Col.Chlc.&I.C. Sl'4 ilX
sua .17X
Panama
133
ISSK 132^133
West. Un. Tel. 71
n'4
KH 'i'.%
Quicksilver ... 44^ 44^
44U 44V<
55>.4'
do
pref..
5S%
55
55>i
PaclllcMall ... 71
7;H
71K 71X
Adams Exp.... 90>j 90X 91 91X
Am.Mcrch.Ex 69 69^ •.... 69K
United States.. •.... SO>i 80
80
Wells, Fargo.. •.... 87
•.... 86
"90
Canton
i3'4
Sept. 17.
99
18.
xn\ n%
Sept. 19.
Xi'A
ii'4
uoK
Scut.
W^
20.
93^.
logxiii^
110
49>i
*....
52X
it
49^
"fiSX
69
87^ Si%
86iS
63>J
69
88>j
70
71S^
70X
72",'
69K 70X
70
71X
69
iOJi
89
69^
SIX SSt
C9^ 70
'.Oii 7iH
493i
113)^
58^
71
..
89
lO^S
11">«
54
.55
76
76
42
43Ji
104
104
6!< 7
lOOl^
995i
30X 3;S
45
45,^
37)i i'h
3iH
132
3('
132X
67% lOX
43
44
69
90
63
79
•BO
il!-,'
90
6SX
13%
86
in these stocks since
Since January 1.
89
10?X
53!^
7iS<
109J<!
51.(<
74X
6X
7
9SX 99
30X 31^
44
45
40
ma
il'4 36«
126
129
67^
69
43
55K
67K 61J<
88X 89V
65X 66'A
U<4 V
85
•....
made
87X 8SK
70
71X
89^
108* 109M
SIX SiH
74X 55
42
43
4\<,i
U'2H 102X
42>^
"....
53X5.1
This Isthe price hid and asked, no «a;e was
The range
Sept.
103
42J^
103
65,6«
99« W/i
SOX 31M
47
4S
S81i 399^
3h>,
35
123
127
i;o
S8X
109
54J<
75
4a>i
103
6X
98)4
31
48
1
43
43>i
43s
51
67>i
90
51X
eSX
lOH
66S
76^
79
90
HOY
55
75!<
43^
lOJ
1'3
115X
1:3m
113
ll'ix
109 )<.
jan.l. 1872. to date
The following
113?<
Sljt
48
H^K
ii'A
SiV.
54X
67X
tipi
90X 9CK
65X
65)4
'75
'T9
90
78
79
91
112X
108K
*-Slnce
,
.
gold loans rather easier than they had been previously.
On
Tuesday the price opened at 113f, and went up to 114f, at which
Cash gold was made very scarce, and borrowers had
to pay the following rates during the day, viz i, 3-16, i, 5-16, |,
V-16, i, 9-16, 4, J, i, 1, 1 1-16, li, and li per cent per day.
On the following days rates were not as stringent, and some
loans wjere made flat, while to-da^ the highest rate on borrowing
it closed.
:
138.499,1100
12.1 15.126
l,6o3.(lfl
5,197,342
S,4C7,95i
5,(137,932
l-.sx
I14X
121.659.000
84,485,100
2,23; ,258
2,601,191
115«
114X
525.l'«6,(XW
2.2S7,2r/!
2.601,191
335,587,000
1,892,96!
2,200,5(r7
115X
113»<
113
115X
:i4X
are the quotations in gold for fcieign and Ameri-
•
American gold (old coinage)
4 p. c.
ft 75
3 75
Napoleons
7 85
German thalers
thalers
8 05
Prussian
6 55
Gf rinanKroiiCn
3 90
guilders
15 98
Spau'sh doubloons
15 50
Patriot doubloon6
95
American Silver (new)..
Sovereigns
American
premium
@ t4
"
X
X
—
85
3 85
7 75
8 !5
6 70
4
m 15
S -
00
silver (old co;>iage)
l&\ p. c.
hall dimes.. - 94
Dimes and
-95
Five Irancs
Francs
premium.
96
@—
—
®
-19 o —
English silver
PruBsian thalers
Specie thalers
4 80
70
—
1
1
04
101
Spanish dollars
97
South American dollars
;9X
@ — 72
(%
® 108
104
Mexican dollars
70
!I6X
4 85
C8
Ofi
102
(a
par
Foreign Excliange.— The exchange market has been wholly
unsettled by the several influences referred to at length in our
reports of the money and gold markets above. Rates can only be
nominal at such times as tlie present, and bills when sold are negotiated at what they will bring. Prime stf rling, to-day, could
probably be bought at 107+, though most of the bankers did not
care to draw. The following are nominal rates for prime sterling
:
3 days.
109J<sl09Vi
109 6109X
60 days.
London prime bankerB
Good bankers
aiCRX
108
—®
107;<8:08
"
commercial
Paris (bankers
lOiXSKriX
Antwerp
Swiss
5 .32^i&5.3iX
5.>7H<g5.l8X
5.27HS5 2SX
5.25 @5.^7^
6.2iM«5.26V
5.20
e5.21><
Amsterdam
40
(S4UK
405<ig40Jg
Hamburg
36H®1*H
Frankfort
<CX'3)0«
35J<«£6
41
et\y.
Bremen
95
Prussian thalers
7iHa''lM
(995'4
95X'ai>6
72',4a'2Ji;
The transactions for the week at the Custom Hous and Sub
Treasury have been as follows.:
Saturday, Sept.
Monday,
"'
Tuesday,
Wednea'y.
Thursday,
"
Friday,
"
"
'
14...
'6...
17...
'-8...
19...
20...
Total
13.167.000
Balancse, Sept. 13
|51,8i9,!59 68
114 831,292 11
Balance. Sept. 20
|53,5.-|1,818 19
H6,397,GC0 81
New York
Citt Banks.— The following statement shows the
condition of the Associated Banks of New York ("ity for the week
ending at the commencement of business on Sept. 14, 1872
AVSBAQJE AMOUNT OF
'
Loans and
BAirKs.
Sew rork
Manhattan Co
Merchants'
Mechanics
Onion
America
Capital
2,050,000
3.000,000
2,000,000
l,r)00,000
3,000,000
1,800,000
1,000,000
Tradesmen's
1,000,000
Fnlton
600,000
300,000
Chemical
Merchants Kichange.... 1,235,000
1.500,000
Gallatin, National
Drovers'....
800,000
Butchers'
Mechanics and Traders'.
600,000
200.000
Sroenwlch
600,000
Leather Manul
500,000
Seventh Ward
York
2,000,000
•tate 01
American KichangO
5,000,000
10,000,000
Commerce
Broadway
1,000.000
mercantile
1,000,000
422,700
Pacific
2,000,000
Republic
450,000
Chatham
412,500
People's
1,000,000
Worth America
1,000,000
Hanover
500.000
Irvine
4,000.000
Metropolitan
400,000
Citizens
1.000.000
Nassau
1,000.000
Market
1.000.000
Bt.Nlcholas
1,000,000
Shoe «nd Leather
Phosnix:
City
New
Corn iSxchange...
l.OOOOOO
Continental...
2,000,000
750.000
Commonwealth
Oriental
Marine
AtlEDtlc
Imnorters and Traders'..
Park
MechanicB'Banking AB8.
Urocers' ..:.„...
HorthJJiver
300,000
400.000
300.000
1,500.000
2,000.000
500.000
300.000
400,000
Circula-
Dlsconnto. Specie.
»3,000,(KX1 HJ.S.M.aoO
&
has been as follows:
,
114K
11.672,955
1,339 011
4.474,477
a,3'«,17S
1.468.787
:
7
'9V
34;< 36u
128
123
i'l'A
76>4
79
B9)i
89
January 1.
,— Lowest.— /-Highest.-^
,-LoweBt.-> ^Highe8t.-^
'
NTCen&HR. 92i< Bept.l9 lOlJi Anr.
" Hann. & St. Jos 80;< Sept. 16 59>i Jan. 17
2
Harlem
44
Sept.
18 7l)i Jan. 19
lOJS Feb. 12 130 Apr. 25
do do pref
Erie
30
Feb. 5 75« >Iay 20 Union Pacific. 28X Jau. 5 42 Apr. 1
do pref
60
Mch. 2 87 May 20 Col,Chlc.«:I.C. 19X Jan. 5 42X May 31
.Ian. 2 131
Aug.ai
Lake Shore
T2
86X Pept.lS 98S< Mc«.SO Panama
Wabash
69
.Sept.l9 80X Apr. 4 West U Teleg'h 67H Scpt.18 n% Jlay 3
Northwest
66X Jan. 5 85!< Apr. i Quicksilver .... 25X Jan. 13 44S Apr. .50
Jan. 13 S6 Apr 29
prel. 30
do
do
pref. mx Sept.20 97K Apr. 1
Rocklsland
lOSXJan. 5 118^ Apr. 2 Pacific Mall.... 53><.Tan. 2 ST4 -May 15
Bt. Paul
sa
JunelS 64>iApr. 1| Adams Express 88X Sept.lS 99K Mav 20
do pref
74X Feb. 1 83 Jan. 20 Am Merch Un. 69 Jan. 6 SOX May 24
Ohlo&MlBs... 4U< Sept.18 51»Apr. 1 U.S. Express... eoxJan. 11 MJ^July 6
"entralofN.J. IWiii Se,.t.l8 113)< Jan. 15' Wells, r. & Co. 66K Jan. 4 95 May 21
Boston, IJ. & E SU Jan. a llXMaylS Canton
Jan. 6 ;oa juneaa
76
Del., L. & W..
98H Sept.18 1I2K Mch.16
There was no special movement in feold
Tlie Rold inarket
previous to Tuesday, the price being 113f@113f, and the rates on
,
.U5X
Current week
Previous week
can coin
I13«
<U
M% MS
n^%
»2i,257,wi0
48 4t;,000
106.714,000
MX%
USX
113X
Gold.
Clcirlnes.
IISH
!!3>i
52".i
3SK 39K
67K 68X
6,5)^
in
6'.IX
at the Board.
January
113
Balances.'
,
Jnrrency.
Total
Clos-
est.
Saturday, Sept. 14..
" 16...
Monday,
'•
17..
Tuesday,
" 18..
Wed'day,
Thursday, " 19..
ao....
Friday,
X
at the Board.
stock market
has been greatly excited, and at times almost on the verge of a
panic. In consequence of the cornering operations in Erie stock,
>;old and money.
From Tuesday to Thursday the tendency was
towards weakness, and the lowest prices were made yesterday on
most of the active list. To day, however, there has been a decided reaction, with a recovery in prices throughout (excepting
Erie), and the market has been comparatively buoyant, though
somewhat lower at the close. The corner in Erie and the stringency
in money have been the most important influences, and an prices
were pressed down by the exorbitant rates for money made during
the middle of the week, they sliow a tendency to spring up againas
soon as the pressure is removed. The high rates paid for tUe use
of Erie stock have continued, and the difference between cash
and regular sales reached 2^ per cent, a day on Tuesday, and today was as high as | per cent. The stock declined to-day, in
strong contrast wiih the buoyancy in the rest of the market.
There has been a sharp buying movement to cover the short interest in stocks, and it is believed that this interest has been
largely closed out. If the late operations should result in creating
confidence in the money market, and in the inability of speculators to influence it by locking up greenbacks, the. result will be
favorable to the future of thu stock market.
The following were the highest and lowest prices of the active
istof railroad and miscellaneous stocks on each day of the last week
Saturday Monday, Tuesday, Wednesd'y Thursday, Friday
14.
uuotatlonB.
Low- Uleh-
18
Railroad and miscellaneous Stocks.— The
Sept.
was 4 per cent, and the lowest flat, and 2, 3, and 4 per cent was
paid for carrying. At the Treasury sale on Thursday the bids
amountel to $10,610,000, but only $1,000,000 was sold. The
Assistant Treasurer has given notice today that November interest on Government bonds will be prepaid at any time, with
the regular rebate for the period not yet expiied. There is a
general opinion that a new party had been fonued for the purpose of advancing gold, since the clos ng out of the old clique in
August, and that they have based their operations upon the fact
that the inarket has been largely overpold by speculators, and
that there is a large short interest by merchants. The present
week has thrown light on their operations, and the price has declined to-day from llSji to 113}, closing at about 114. Whether
the movement for higher gold will thus be broken up, or renewed again hereafter, it is not, at present, posf ible to ascertain.
Customs receipts for the week have been $3,167,000.
* The following table will show the course of the gold premium
each day of the past week
»
30K June
15
IIHI
have been
since Janiiaryl.
/— UigheBt.
'5
June 21
6.SH Jan. 5
«3K Jan. 4 75X July 9
LSeptember 21, 1872.
^Lowest.-,
bOH
•:."*«
1
'
%r-
•45
•im
Cent. Pac. gold..
19.
S3
•20 K
'aos
•oOK
"J)V.
88 .MlaBourl
m
m
'33)<
•SOX
coDsolid'd
J.A
TJV
•KW
.H4
Sppt.
'T- 'X-
•Ti^i
" " deterred.. 15
«sS. C.,n,
—
:
6.lr21,300
|i;,O13.30e
tlon.
S.lTli.WHJ
54I.M0
5.57.70(1
4.65VOO
3.664,20(1
910,31X)
8(i5,SC0
193.3(KP
3.(134, ICO
6,662,600
2.959,100
3,642,600
2.123,200
1,479,0(0
.V61,000
3;8,1(I0
516,2(0
5,2.i6,oOO
518,300
31,S00
773,000
3,714,600
1,»P8,000
6.45O.70C
3,147,100
5,724,000
2ii9,600
2,.570,100
51800
2,0iS 100
l,04a9('0
15,900
a,S9'.),200
215,400
1,1<8.400
4.433,600
9 5'.2,0l'0
66,4(I0
5!.429.IW
7.7^,000
3,919 lllo
1.965.300
4,961.200
2,oll,7U0
1.686,300
3.537,300
a l'J3,700
2.J(14,000
9,S!'39'J0
1,465.300
2.((i8.000
2,876,5(io
2,536.300
3,612,500
2.947.100
4.(61.900
2,I89,000
1.539,0(10
2.122,3oo
919.00
it.SSL.'oo
17,192 7(x:
I.2K6.5(I0
779.0(io
l,18a,Ouo
9.8(I0
1,.=00
WA'iW
28,300
148.700
269,100
319.300
4,4.50,600
4.'i0,90ll
489,000
251,300
195,700
2,700
264.100
174,900
551,800
977,000
1.33,10(13,166,8(10
ai3,60O
27.300
13.o00
697.100
77,500
5,300
168,900
119,000
J2.2;n,('«>
494,600
9,03'.',<i00
5.556.000
4.768.600
Legsl
Deposits. Tenders.
$851,000 tl0.695.5(IO
277,600
921,300
224.800
367.000
822.600
7,233200
Net
893,600
476,100
558,600
131,5(10
6,600
283,200
18.600
187.6110
8«9,9CC ;;ia;.200
28,(iuo
132,400
27,900
3.900
66,200
384,300
62(i0O
73^.5(10
15'a,.300
7^5,400
79.800
5,000
579,HI0
76,9«0
1.53,700
233,600
6.300
4,l«l
220,903
860,000
9,»00
97.500
4ii4,400
i:4.»0C
sol, 500
909,600
Sl4.2ti0
UO.OtiO
l.COO
3,800
}3,S00
ao,800
2,274,200
1,664.400
1,8;9,(IC0
USSOO
1,672,0(:0
HVi.itA)
371.010
8(8,800
389,100
1.171,2(0
SSLSCO
SJ4,0I0
504.000
l,398,f«)
803,400
4ii4.a«>
2,W9.100
462,.500
839.600
2,5»7,700
4,267,9(0
6,524.800
221.500
72^,200
LSise^iOO
2,057.000
6.4.53.70C
3,27O,90('
],»I7.U0
1.488,310
2.805,600
2,704,200
1,430,200
3,132.300
1,164.800
2,;96.C00
4.372,800
1,296,(X)0
I,7il,2(0
1,819,600
1,063,700
2.573,(WI
1,514,800
2,H48.500
1,956,300
1.184,300
1,801.200
647,700
12,142,000
19,099,700
1,104,900
72,900
1,OS),100
124.800
759.2(10
ZU.I'Cfl
267,400
625,000
173.400
286.500
2t,0,6(0
869,0(0
1,K9,8(0
350,900
216,400
470,5(0
444.500
6116,7(10
116.(0
647,000
40j.9(
230,4i0
3S0.0
191.100
8.086,100
S,7!16,8HI
229,100
187.300
207,KU
:
:
.
::
.
utRlTer
. .
850,000
500.000
5.000.000
8,000.000
800.00C
.
Foar'.a National
OuuKal National
Becond Natl :q«1
Ninth National
Klmt National
Tenth Natlonill
deviatloiiB
zi»»o
i.oi3.«»)
l«A''3.»00
nc.eoo
S.W^.SOU
•fonnn
'Specie
i:(i.a<o
9.110,(100
i.i':«,'00
2,4 .'H.Odl
im.mi
f.X
......
181.000
5,237,(Vl
I.WI.'OO
M.400
I'O
4.5M,»('II
1.19(.2lO
789,0(10
6,79(,«00
l,i\1.2lXI
500,000
1.000.000
250,000
1.213,(110
3.844.',00
4,»jo
4(inC0O
3.200
2M.IW
nc,»o
2.y.w
tnii.7110
8,2;6,aifl
IW.TCO
255,(10
8;5(r0
2R(M«I0
2iiO,000
1.286,2(10
11»,(I00
1,IS2.I(10
S^\(XO
2,000.000
1,000,000
4,807,100
2,4:0,100
.",.745.2('0
KI1,:0)
899,100
Inc.
1,1I«,000
185.200
8,200
;2,9S9.70C
661,100
93,500
2,060,200
12,787,2WI 27.626,400 W9.546.00('
ol previous
week
are as tollowe
Net Denoslta
Legal Teadera
I
1
Dec.
Dec.
Jnnu
June
June
July
Dpno«lt*.
Ten^ler«.
CTeftrliiBc.
228,99.1.300
.>i5,424,50O
57;.S2-.,2IS
228,931.000
2tw.7li4,a00
20.299.700
22...
29...
6....
292,806.900
2*1.002.800
1!1,912,"00
27.519.300
27,328,100
22.795,500
27,416,1(10
2;t2..?87,900
2;,5»S.400
27.466.400
211,771,900
53.8.>9.400
54,!>51,(00
52,S08.6(XI
5<4,769,321
4S5,97»,8;2
2j,"85.5('0
21.1.509.000
247..551,300
58,440,700
52,895.600
491,269.170
20....
Julv27....
Auiiuiit3
Auifuat 10.
AUKUSt 17.
August 24
Auuu8t3I.
Kent.
BcDt.
Specie. ClrcnUtlon.
216,901 ,'00
296.597.800
7....
11...
2«.J2<,100
29.571,800
28,498,700
297.214.500
293.136.900
295.128.200
23,9'25.900
296.386J00
255,3(1^,800
292,428.60)
288.?12,40O
237,610.100
284,655,300
18.199.000
20,399,.W0
13,207,200
16.402,500
13,151,«IO
lS,7S7,20O
27,37«,aifl
27.3.10.000
3;.'!37.20O
27,.';8.(«0
27,2''0,60O
27,371,7(10
215.062.700
241.528.000
237.6e8,»00
215,757,6(0
27,475,000
27,5(2.900
27,62),40U
441.55;i,12li
5.l.7.*1.9t'0
4S3.:63.3n
5'>.061.7C0
540,228 384
51,570,600
59..,389,432
527,:S'i,5J0
22«,449,.3C0
52,5.3^,400
S0,869,(l(»
2!9.03«200
49.366,71X1
213.6:6.200
209,546,000
49.(68.500
43,105,600
541,152,552
500,(113.376
559.33,5,714
6'i7,6s2.466
—
(750,000
»6.40O
11.32.400
1,300
176,600
336.900
143,900
169.700
1,726.100
739.700
702,91,11
43.'.90(l
41,1XX)
210,.500
172,000
139,100
189,000
56,400
154.300
142,3
225,000
70.100
576.000
667.600
791.000
172.500
797,000
575,700
795,100
439,60(1
1,3-.9.100
522,800
589,000
853.9;:0
9511.8(10
354.400
241,900
443.110
853 200
Mayerlck
1.075. «io
2,1.00
Merchants'
11,000,000
Mount Vernon
T.181.300
142,700
200,000
1,000,000
1,000.000
900,000
6'J6.7(iO
Broadway
Columbian
Continental
Kllot
Eyerett
KaneuUHall
freeman's
lllohe
Himllton
Howard
Mnrket
Massachusetts
New
KuRland
North
Oln Boston
117.6(10
13.400
3,300
2,183.5(X)
1,557.200
4'<2.500
2,3OO.n00
2,036,300
2,652,200
4.666
800
23.001
8,010
127,900
2.300
6ii9.200
2,558.000
1,4(4.700
2,'.91.900
1,497 800
1,466
5200
2,237.100
1,;S0.500
1,833.900
2.453,000
2.7i'i,900
3.515,.500
3.i'72.lK10
7..'iOO
600,000
2.000.000
750.000
1,440.600
3.220.8(10
23,200
134,400
1.7'6,300
6a!0
First
1,000.000
4.12ii.l00
Second (Granite)...
1,600000
4,7 2,500
13,600
51.000
56,400
200
5.500
3j,900
Leather
State
Suffolk
'raders'
Tremont
Washington
Third
Bank of Commerce
Bank of N.America
B'k
Redemption.
of
Bankol
City
Eagle
Exchange
Hide A Leather
Beyere
Security
Union
Webster
Commonwealth
The
300,000
2.000.000
1.2i5.ll00
4.459.400
2.005.500
5.264.500
3.032,700
i,r;2,ino
1,929,000
1,0(10,(100
1,000,000
1,500,000
1,000,000
1,000,000
1,000JX)0
1,500.000
2,000,000
200,000
1,000,000
1,500,000
500,000
KepuDllc...
Total
2.0OO.tiilO
(48.050.000
I,3'i0,4ti0
The
697,300
970,'0O
6H6.7(M)
732.4(10
207..500
804 300
843,900
106,700
394,900
499.000
48-.,70O
l,017.,90O
1,819,9(X)
77.fi00
1,022,100
1,292,400
492,000
1,147,000
781.000
169 200
643,900
592,900
7S4.1TO
779,000
174.000
757,400
592.903
779 OOU
795,700
453.000
888,100
S6»,10O
676,6110
469,.30O
202,9'X)
1,446.700
667,400
2»5.80n
1,6::).400
820,500
3,ft)0
48.5r(l
592.300
2.565.301;
14,100
2.(03,500
l,98i,!0O
500
200
164.100
162 700
138,500
l,0S.S.4OO
1-30,700
(115
851..3nO (1.136..«'
(8.912,8t0
Decrease.(l,5OV0O Deposits
45,7iiO
Decrease.
Circulation
Decrease. 483,400|
1.382,800
842,400
Leiral Tenders
The following
798,2ilO
791.000
745.000
180,aiO
531.300
489,70(1
25u,0t0
(10,835,500 (25.599.S(«
(18,101,500.
June 10
June 18
June24
Julys
July 15
July22
July 29
August;
AUKUSt 12
19
AUEU8t26
September 2
8eptember9
September 16....
are comparative totals for a series of
Specie.
118,510,.»00
1.757,600
1,366,400
1.447,310
2,740,100
2,9«:,200
2.445.500
2,I21,«)0
9,611,600
10,151,900
48,804.100
47,327,5(0
46,401,900
2i,61«.600
25 6(5,100
25.6 2,210
24,87 ,0(10
25,640 800
25,606,400
26,557,609
119.016,700
117,911.800
119.057,900
116,771,900
116,642,700
116,361,100
115,851.300
1.7:10,9110
9,765,4110
46,368,0(10
23.6' 2.41
1,208,900
1,207,200
1,173,100
1,198,700
1,182,100
1,136,300
9,449,200
9,3,%,100
9,675,600
9.860.000
9,396,200
8,912,900
44,534,300
42,827,000
41,502,500
41,306.100
41,237.200
40,335,500
25,627,600
Philadelphia Banks,
Legal Tender.
10,19^,800
10,210,100
43,340.800
4',157,S0O
9.471,800
4a,.S75.500
Banks
Loans.
Specie.
15.197,000
3.922,6:7
5,157,100
2,547,000
(50,(«10
Kensington
Penn
Westerr
Manufacturers'
Commerce
Olrard.
Tradesmen's
Consolidation
City
Commonwealth,...
Corn Exchange...,
Union,,,
First
Third
sixth
Seyentu
Eighth
Central
Bank of BepnbUc.
ecnrlty
3,50,COO
275,000
750,000
1,000,000
250,900
25.627,.5(iO
25,653,70(1
25,638.91 H)
25,646,900
25,539,::oo
the average condition
week preceding Mon-
23)6.000
2,700,000
1.460.5I10
IJ 45,062
1,221.890
1,410.510
2.122.000
aN8,583
8,877.000
1,620,914
5,7i4
45.1X10
20,000
4,553
1,000
3,200
1.000
4,886
2a
18,000
7,521
1,2.6,6.57
1,438,668
721.672
2,2«9,0OO
1,63.1.0(0
3,7-2.000
317
L.
(3,689,000
2,486,931
3,411.100
1,705,700
1.369.000
2.;i 9,000
1112,093
396,101
2,031.000
1,593,000
3.060,000
1,045,351
8,148
3.000
5,000
85,000
491.000
375,000
674,000
316.000
100,000
87,000
119,000
3,720,(100
S,00O
2,279,000
642,000
,.,,
tl«,W.0O0 (5<,7U,S17
458,5.50
159.000
1,476,11X1
7.55,590
997,''34
209
1,321,778
1,062,900
631,056
2,731,(00
1.225,204
829,507
174.785
531,666
203,635
695,000
173 834
9(8,9.'6
31.10
226,073
171,4(10
Jnlyl
July 8
JulylS
July2!..,..
July
29
Augusts
Augustia
August 19
August 26
Deposits
Circulatloo
(41,562,373
111,351,752
Dec,
Ine.
Br:,l»
IIJ21
condition of the Philadelphl*
5.9,562,5 19
161,281
15,236393
5»,»18.965
»,.9S3,307
S»,«59.824
I39.9.iil)
14,910,t3«
14,124 ,5ti«
13,952.002
Depoills. Clrrnlatlop.
49,«99,084
1I3W,4)U
49,781,)ni
11 44233
<9,0><7.7M
90.021.793
II,'141,480
SdliailBS
297,935
lS.-296.250
49 169.015
11.880.344
«P,441,»8S
60,147,589
«).05«,99«
59,612,473
824345
13,059,645
776 643
12^04,897
233,168
267,427
2V7.I80
191,484
176,498
12,915,085
1I3)2,9«
ll,lH4tl
lt,8R3l>
15.1,139
•22l(,338
59,6.99,4.50
57.461.311
57,374,699
S6,9,U,117
96,745,911
„
Legal Tender.
Specie.
53,-20290
September 9.,
September !•
12,489388
I9,6I4,5'>
48.I6».17«
4K.235.ta4
47,i93,59«
ll,«-!9.0*:
45JV5.291
11.0 5,137
44,5211,931
io.saii.6e;
42,953,159
43,104,260
41.389,507
'2:11,78!
10392.744
236,714
209,642
10.790,822
10,428,712
11,3I93«
I1397.;03
11,420371
11347.99*
l\MUM»
u»ti.im
ii3423n
113M.79(
Commercial and Financial Snmniar]r at thi* Dat«.
107X®1I 8
...ftma
108 )<«....
119 all5)i
ll4H<Sll4)ii
108 ell«K
111X«112X
C?®
..
iiaxa
®1I4H
114
Prime Bankers' Sterling bHls, 60 days
Price of U. R. 6s 5-20« of 1862, coupon
I'rlreof U. S. 58 lO-IOs
Price of U. 8. 6s currency
Rate of Inlerest on call loans
Discount of flrst-claas endorsed notes 90d ....
Eiportsof specie at N.Y., from Jan. I to datet
1810.
1871.
1872.
Price of gold
iiixai!:
10(l<Sl0«!<
••'vSiw
lllSflllH
A
<
7g.
106% 12
57.252,820
2.916,317
S24,6!6,160
161,786,662
19 a,....
I
«
a
7
41,Tl9.404
S4.fi7.96i
7,900,432
7.632,509
do
do
<•>,.*
Imports
do
2n.«19,t«l
291.845.!MS
do (gld)(
do
Imports of merchandise
1803633(3
do(cnr)(
I68,49«,S77
do
do
do
Exports
19«» .... 18 e ....
* ».
Price of Middling Upland Cotton
18 al3K
1S)<«I 14
41 yd.
do Standard llrnwn Sheetings
13S(»14
V bbl. 7 30 fa- 60 (20 §6 40 53009 90
do Extra Stale Flour
1
* b[uh. 1 75 ®l 90 1 58 «: 60 1 Si
do Amber Wheat
*65l<
<»73
8tS 90
...*> bush.
do Western mixed Corn
ii IS 37H«1S 90 25 jsas S?
* bbl.14 10
do New Mess Pork
17
17
» 17X® 17* 16V«
nx
Rio Coffee, prime, gold
do
9W(8 9S«
aX89w
do Fair to Good Ueflning Sugar
4 00145 «J
» ton. S 15<3S 80
do Anthracite Coal
82
SI
00
ton.
55
00(^57
00
OO
098
Iron
0UaS7
No. 1
V
do Aon^icao PlE
§ W
n
mt
*
*»
M
SOUTHERN 8ECVRITIB8.
of these prices are necessarily nominal, in the absence
recent sales.
Some
of
any
•CTBITIU.
Bid. Aak.
SCOtTBlTISe.
State*.
Charlestonft Savannah 6s. end.
Savannah anu Char,,
Virginia
East Tenn. ft Ge^ gla 6s
East Tenn.A- Va.6h end. Tenn
E. Tenn.,Vaft Ga., 1ft M.,7s..
i
do
do
Georgia R.R.. 78
do new bonds
do new floating debt.
do
do
do
do
do
do
do
Penitentiary
leyee bonds
7b,
68,
do
do
88
88
1875.,
..of 1910
8s.
Alabama 58
do
do
do
do
8s
88
Mont &Enf'IaR..
Alab.
88,
ft
Chat. R..
of 1S92.
6s, funded
7s, L. R. ft Ft. S. IBS.
7s,
ft L. R..
78, L.R.,P. n.ftN.O.
78. Miss. O. ft R. Rly.
Es
Arkansas
do
do
do
do
MempMs
78Ark.CentR
do
Texas,
of 1876.
ICs,
Cltle*.
Atlanta, Ga., 78
do
88
Augusta, Ga., 7s. bonds
Charleston stock 6s
Charleston, S.C.,7s,F.L.bds..
Columbla,S. C, 6s
ColumliuB, Ga., 78, bonds
Lynchburg 6s
5(acon 7b, bonds
Memphis old bonds, 6b
new bonds, 6s
do
do
end.,M.ft C.R.R...
Mobile 58
OO 8s
Nashyille
68,
old
Cs.ncw
do
New
Orleans 5s
do
do
do
do
ao
do
do
do
consol. 6s
bonds, 78
10s
to rallroltds, 6s
Norfolk 68
Petersburg
68
68
Richmond
Savannah 78, old
do
7s, new
Wilmington, N.C.,6«sold..
Segold.,
do
do
Railroad*.
Ala.
Ala.
ft
Chatt.,lBt.M.8a. end.
Tenn.R. Ist M.. 7b...
2dM.,7s
do
ft
Gull consol
end. Sayan'h
do
stock
do
do gnaran.
do
Central Georgia. 1st M.. 7s
do
stock
do
Charlotte Col.ft A.,l6tm., 78
Atlantic
ft
do
do
do
do
do
do
stock......
si.>ck
70
TO
90
75
75
93
60
lot
100
stock
Col. 78. gnar
do
7s. certlt..
Macon ft Brunswick end. 7b. .
Macon ft Western stock
Macon and AuguBU bonds
do
do
endorsed .
do
do
stock
Greenville
ft
do
Memphis ft Charleston, Ist 78..
do
do
2d 7b,
do
do
SiOck,
Memphis ft Ohio, lOs
50
50
70
'.•8
88
91
25
90
S3
.
do
do
Memphis
53X
LonlBlana6s..
1st m., 7s.
Cherawand Daillngt/>n7s
old
6e,
do
do newbonds
do consol. bonds
do
do
do deferred do ,,
Qeorgla6s
7s,newbond8
do
7s, endorsed
do
do
7s, Gold
North Carolina 6s. old
do to N. C. B.B. Co..
do
do
do Funding Act, 1866.
1868.
do
do
do
do
do newbonds
do SpeclalTaz
do
South Carolina 6s..
Jan. & July...
do
do
April A Oct..
do
do
do Kunding Act. 1866
do
do
do LandC.1889.Jft J
do
do Li.ndC,18S9,AftU
do 7s
of 18«).
do
211,.<05
(10,128,712
401,000
609.000
845,300
10
17
21
870,000
354,473
3,034 000
1.226,000
415,000
500.(100
.
(21)9,64}
:97,iTO
1,000,000
619,000
266,000
147,000
567,000
818,000
,
(1,000,000
450.000
224,000
799,010
262.386
135,000
219,390
283,7.0
580,000
eoo.ooo
180,000
1,0.58,314
1,054.300
Tender Deposlts.Clrculafn.
(1,267,000
674.842
1,003,200
582,000
299,000
276,000
506,200
288.500
136,030
233,623
172,000
212 939
755,000
317,316
228,603
319.336
1
:
Loans.
Date.
Montgomery 8s
Total net
Capital.
(1,500.000
1,000,000
2,000,000
810,000
800,000
500,000
250,000
250,000
500,000
400,000
1,000.000
250,000
1,000,000
200,000
800,000
400,000
900.000
500,000
300,000
1,000,000
800,000
150,000
Bouthwark
is
for the
Banks.
flommorclal
Mechanics'
Bank N. Liberties.
4.=,474,900
9,771,1011
Philadelphia
NorlhAmerlca
Farmers and Mech,
Deposits. Circulation.
10.61 5,nCfl
— The following
of the Philadelphia National
day, Sept, 16, 1872
ol
weeks past
Loans.
Ilb,79-,4C0
117,108,300
116.619,200
112,161,800
118,596,200
118,863,900
Date.
1
The annexed statement shows the
for a series of weeks
,
Decrease. (901,700
Decrease.
47,6(i0
I
Specie
Total
593.tl00
779,400
7M.500
amount "due to other Banks," as per statement of Sept. 16, Is
deviations from last week's returns are as follows
Loans
Bank
700 JOO
874.400
273.900
89.800
277,600
493.f00
1=6,800
101,600
115.400
188,600
27,012
Banks
June
June
June
1
the returns of previous week are as follows
Dec.
Dec,
Dec,
L»gai Tender Notes
41.3,500
'239.800
2U.500
491,vllJ
The deviations from
117,1110
208.9(^0
total
Augmt
55-i,600
7S7.500
7<!,'(10
568,300
1,571,300
175.700
797.100
154.600
120,700
214.100
110.700
S.OOO
13,800
47,500
10.500
2,300
4,2-'4.700
3,326,.500
607.600
T27.100
451,900
734,900
(4.35.10(1
2,526 400
321,700
775,100
1,201,300
916,000
26'.9il6
1,000.000
1,000.000
2,000,000
1,500,000
&
Shoe
132,500
81.600
487,400
75,(iOO
2,4?5.600
2.M6,li)0
».508,100
627,(100
l''4.7O0
9.. 600
9,200
13.200
35,300
125.600
12.300
8,100
12,000
Shawmut
.
(1.552.600
2,764,100
3,803.900
1,500.000
1,500,000
1,000,000
500,000
200,000
1,000,000
1,000.000
1,000,000
200.000
1,000,000
600.000
1,000,000
750,000
1,000,000
800,000
800.000
400,000
Blackstonc
Boston
BoylBton
.
383
447,(178,632
Boston Banks. Below we ^ive a statement of the Boston
National Banks, as returned to the Clearin^^ House, on Monday,
Sept. 16, 1873
Capital
Bants.
Lnann.
Specie. L.T Notes. Deposits. CIrcnIs.
Atlantic
Atlaa
.
eptcmhe'-2
AflcreKale
l.>...
JulylS....
July
$4,070,210
SiU.aOO
I
Lenal
Loans.
48.105.600
the totals for a series of weeks past
folio nring are
Date,
82V»«)
2l'0,.HI0
6,92.'!
Dec.
Doc.
'
ir.XB
110
500
1,000,000
from the returns
oans
Specie
Olrcnlatlon
SM,soo
44,10(1
:
. ..
.
nooo
848.800 2,«9I,900
66,(00 1.400^00
^M26!aOO 284,6.0,300
Totil...
The
i.ra.wio
500,000
Bowery National
Now York County
Onrman American
Dry Uoodt
The
1,151,100
81.099 600
10,",>.I00
1,487.200
5,9i«,000
4.3n..'i01l
1.5(10,00(1
Third National
New York N. Bxchanfce
:
THE CHRONICLE
September 21, 1872.1
MKn afaotareri * Mer
:
6s
ft Little
B. ':t M..,
Mississippi Central, 1ft m., 7s
do
2dra., 8s..
Mississippi &Tenn..lBtm..7B
do
do consold.. 8s.
.36
1110
89
70
»2X
87
ao
78
Montgomery ft West P.. 1st, 8s..
no
do 1st end.
do
do Income
Montgom.ft Enfaula 1st 8s,gld
end by State of Alabama..
Mobile* Mont., 86 gold, end
Mobile ft Ohio sterling
do
do
do ex ctfa.
do
do
do
do
do
do
do
do
N, Orleans
ft
do
do
8s, Interest,
2
mtg,
8s
Income
stock
Jacks.
do
do
Ist
M.
8s.
2d
cert's.Ss.
ft Opelons, Ist M.Ss
N. Orleans
Nashvllleft Chattanooga, 6s...
Norfolkft Petersburg let m.,8»
do
do
7s
do
do 2d mo., 8(
Northeastern, B.C., Ist M.8». ...
do
2dM..8s
Orange and Alex., IsU.ta
do
2d8, 68
do
Sds, 88
do
4ths,88
Orangeft Alex.ft Man.lsts...
Rlchm'd ft Peterb'g Ist m., 7s
do
do
2d m., <s.
do
do
3d m„ 8s,
Klch.,rre'ksb'g* Poto.68....
do
do
do conv.78.
do
do
do
do 6a.
Rich, and Danv. Ist cons'd 68..
do
Piedmont 88. ..
do
Ists, 8s
Selma, Rome ft Ii.,lBt M., Is..
South ft .North Ala, iBt M., 8s.
Southslde, Vs., 1st mtg. Ss
do
do
do
2d m., guart'd
3d m..6s
68...
4thm..8s
Southwest. RK., Ga.. 1st mtg...
do
stock
Spartensbnr. ft Union 7s, guarS. Carolina RR. Ist M,7s (new;
do
do
do
do 6e
do 7s
do stock...
Va.ft Teui. Ists. 68
do
2ds.6a
do
ads 8a
West Ala., 8a gnar
Wilmington and Weldon 7b
do
Chft Ruth. 1st m. end
do
do
1st M., 8a...
FastDne Coupon*.
Tennessee State Coupons
Vh-glnia Coupons
ao
do
deferred..
Memphis City Coupons
NaahvUle City Coupons
K>
100
94
81
«2X
82
97
93
49
8S
W
»
n
80
88
90
9S
45
45
.
——
..., ....
.
—
. ... .
.
X
.
.
..
.
THE CHRONICLE.
384
.,
September 21, 1872.
GENERAL QUOTATIONS OF STOCKS AND BONDS
The
tnont active iitorka aud bonds are quoted on a prevloim pasc and not repeated here. In Ncmt York, price*
rcprcNCMt the per cent value, whatever the parniay be. "Southern Securities » aud N. H. " Local Securities'
are quoted In separate lldts.
•TOOKB AND BROOKITIU.
STOOKS AITD SSOtlBITIXa.
NEW YORK.
(U. 8. nond« qnoted before.)
State Bonds,
CBllfornlB 7b
do
Is, large bonds
Connecttcnt 68
Y. Central
do
do
do
do
do
do
Illinois Central
108X(
the N. Y. Board.
Arkansas Levee bosds,
Albany Clty,6'8
78.
87)^
98K
100
82>i
Endorsed.,
1880..
.
102 S
90
97
94
99
Ills, 7's
&
do 2rtM.pref
do 2d M. income..
Chic. & N. Western S. Fund...
do
do
Int. BondB
(10
do Consol. bds
do
do
Eitn. Bds
do
do
1st Mort..
Iowa Midland, l8t mort., 8b...
tian.
A
Land Urants...
St. Jo.
do convertible
& Western, 1st M.
do
do
2dM..
Tol. & Wab'b, I8t Mort. ext'd.
do
IstM. StLdlT.
do
2d Mort
do
Equip. Bds
do
Cons. Convert.
Hannibal & Nap\os IstM
Great Western, I«t M.,188H
do
2dM. 1893....
Soincv & ToL.lst M.. 1890....
I. & So. Iowa, Ist Mort
Galena & Chicago Extended
2-1 Moit...
do
do
m
Keokuk &
94
89M
Chic &
do
do
Ohio
&
2d Mort
3d Mort.
tf 3 8 p. c. en'tbds
ritts., Consol. 8. F'd.
do
2d Mort
SdMort
Mort
Income
Consolidated....
2d
do
M
87X
Marietta
A
do
do
do
78 gold
1st Mort
do
do
do
Iowa dlv
Mort
.
4
4
do
2d Mort
Peoria 4 Warsaw, E,
do
do
102
87),
99
92s
95
M. (in Neb.) Ist conv.
Palmyra, 88.,
97X
A
Ind, guar, 7'b.
plain 78.
Chicago
do
M
Chlc,
fT.
Boston, H.
Erie.lstmort. 7e
38).;
do
do
guaranteed
neaar Falls 4 Minn. IstM....
S8H
51)4
82 H
54
Haven 6b....
99X
90
:66'
92)«
lOS'
Bur 4Qnincy
82V Pob'ioue* Sioux City
do
pref
91
109
131
New
m
Cin.
IISX
100
100
58, coup...
Exempts
€s
;
105
107"
101
77
Camden A Amboy,
100
103
100
Camden A
Cam.
4
2d m,
Bur. Co.
'89...
7b, '80..
fs, '97
.Catawlssa, Ist M. conv. ,'82
'88
chat. ra. do
do
new 7s, 1900
do
Connecting 68 19(.10.19C4
East Penn. 1st mort. 78,
El. A W'msport, 1st m,
do
do
lel,
mort.
K
do
do
do
36X
70
4
1st
M.,7
do
2d M.,7, 1877..
Colum., 4 Xenia, 1st M., 7, *90.
Dayton 4 Mich., Ist M.,7 81..
93)i
95
155
33)4
102
90
95
100
7?
96
Ind.,Cln.4Laf.,l8tM.,7.
77
87
.Innc.,Cln.41nd.,lBtM.,7,'85.
Miami, 1st M., 6, I88S
Ham. 4 Dayton stock.. ..
Columbus 4 Xenia stock ex d
Dayton 4 Michigan stock ex d
8 p c. st'k guar
do
ex. d.
Little Miami stock
. . .
to
93
98
100
t6
34
96
85
92
89
89
30
94
91
(L4C)l8tM.,7.1888
92
S7
101
98
85
fS
94
2dM.,7, *84.
do
do
3d My 7, '88..
do
do
do To'dodep.bds,7,'81-'94
Dayton 4 West., Ist M., 7, 1905,
Ist M., 6, 1905.
do
do
LonlBvllle68,'a2to'87
68,'97to'98
do
Wster6B, '87to
do
Mad.
.
4
'89.
A
83
W
73
78
88
70
65
88
92
X
107
45
106K 116X
106)4 107
83
81
34
92
81
81
96
85
82
S5
88
82
82
i»
90
90M
90
87
94
84
83
99
94
Ind...
Lcx.,pref.
do
Louisville
common.
A Nashville
S4'
35
80
ST. LODIS.
78. 'tC.
90
Long Bonds...
Slort do ...
92M
101
Water 68, gold..,.
ilo
(new) 99
do
97
Park 68 gol<l
Sewer SpeclalTaxfle 92
St Louis 68,
5a
do
6b, '83
io
92)4
68,
do
do
do
North Missouri. IstM.
7s..,
2d M.78...
3d M.78,...
Pacific (01 Mo,) Ist M., gld, IB.
Kansas PaiiUi stock
do
do
do new 6a, '98
do reg....
do
do new 78, reg., 1910
Little Schnylkill.lBt M.,7, 1877,
7, 80..
2d M., 7, '8.5..
3d M., 8, 77...
Indiana,
do
''-'8...
D.. Ist M.,
do
do
Lonlsv., Cln.
B. T. lstiuort.78,^90
de
'M mort. 7s, '»0...,
do
3d m. cons. 7a, '95.
Junction let mort. 6s, '83
'.900
do
2d
do
Lehigh Valley, Ist M., 68, 1878.
sea
Ham. 4
.leflerBon.,
H.A
134
92
Loulsv. C. 4 Lex., lat M ., 7, '97., J9)4
Louis. 4 Fr'k., lat M., 6, 'lO-'78.. 87
Louisv,Loan,6.'81. 86
do
L. « Nash. Ist M. (m.B.) 7, '77.. 92
do Lor. Loan (ui. k.>6, 'K6-'K7 f3
(Leb.Br.)6,'86 (2
do
do
do IstM. (Mem. Br)7, '70-'75. 95
do lstM.(Lch.br.ex)7, '80- '85 91
do Lou.L'n(Lch.br.ex)6,'9S S2
do Consol.lBt M.,7. 1898.... X91
M.,'a7
consol., 6b, '94...
Atlan. iPt m, 7b, '73.
do
94X
Water Stock 68, '97
do
Wharf6B
do
special tax 6a of *89.
do
Jeff., Mad. A LlBtM.(IAM)7, *8I
do 2dW.,7,
do
11^
do iBt M.,7, 1906.... 89
do
68, '75
do
6s,'88
do
es, '89
do mort. 6b,
do
do
do
do
fOX
e,ovisvili..e:.
AlieghBiiy Valley 7 3-IOb. 1896.
92)4
Belvidere Dtilaware,l8t m,9,'77
do
do
2d M.,'35
.Sd
6b
7-308
Little
76
do
65K
99 S4
7, '98
lOOX Cln,
RAILROAD BONDS.
do
.,
Co.,
do
73>4
102 )«
98X
lOlM
new
68,
97X
'85
do
do
iBtM., 6, 1889
West Md,18tM., endoraed,6, '90
do
lstM.,nnend., 6, '90..
do 2dM..endorBed,6,'90.
Baltimore 4 Ohio stock
ParkerBburg Branch
Central Ohio
do
preferred
do
10-15, 2d...
15-25, 3d...
Jersey State
I
A ConnellBV., 1st M
Pitts.
do
do
8
58
6s
78
Delaware state
6b o
do 8dM.,S. P.,6,190C
do 3d M. (Y. AC)6.'77
do Cons, (gold) 6, liW
Cln.,
ijo'
Pittsburg 58
do
do
6sot*90
W.Va.)2dM.6a
3dM.6a
Ohio 6 p. c 'ongbda,
do 7p.c.l toSyra.
do
do Ig bds, 7 A 7.308
Covington 4 Cin. Bridge
130k
STATE AXT) CITT BONDS.
58, coup
68, *67, 5-10, let...
do
Alleghany County,
Alleghany City 68
do
do
(N.
do
do
PIIII.ADE1.PHTA.
6s,
do
do
do
Ham.
do
Vermont 4 Canada
Vermont A MasBachusetts
do
do
68
Cincinnati 5s
m%
preferred
Harrlsburg
pref
Clev., Col., Cln. A Indlanap .
Cleve. 4 Pittsburg, gnar
Central of New Jersey, scrip.
'^ol.Chic. A Ind. Central
do
Old Colony 4 Newport
Port., Saco A Portsmouth
Rutland common
do
4 Pacific, pref
4 Alton
do
Fltchbnrg
Manchester A Lawrence
Nashua A Lowell
Northern of New Hampshire..
Norwich 4 Worcester
Ogdens. 4 L. Champlaln
Philadelphia 68, old
Railroad Stocks.
Atlantic
pf.
Kastern (Mass.)
do
98K
Park
1890
4 Ohio 6s of *75
CINCINNA'I'l.
Connecticut River
Connecticut 4 Passumpsic,
do
do
100
4
Rapids
do
1st M.,6,*83.
Pennsylvania
Albany 4 Susquehanna
«ew York 4
4
92K
(Not previously quoted.)
91X
D.
W. D..
Burl'n Dlv.
2d
Consol. 78
do
do
do
o
ao
do
45
.
Gt. Eastern, 1st Mort..
Col., Chlc.
Ind. C, Ist Mort.
Tol.,
82X
87
103
•2d S., do 7s
101
do
do
3d S., do 86
106X
do
4th S.,do 8b. 106
5th S., do88. 106
do
6th 8., do 88. 106
do
do Creston "ranch
do Chariton Branch
'I
lOO"
7 3-10
Ohic 4 Milwaukee Ist Mort.
JoUet 4 Chicago, Ist Mort.
Chlc.
4 Iowa R. 8*8....
80
10
Mo. R., Ft., S. A Gulf, stock.
Ist. M, 10s
90
do
do
do
2d M., lOs
80
do
10
20
Leav Law. A Gal., stock
do
do
IstM. ,108.. 90
91)(i
Michigan Air Line, 8s
107
no
Jackson, Lansing 4 S., 8s
102X
^'i. Wayne, .lackson A S., 88...
87)i
GtA:
Vermont A Mass.,
(Concord
106
2dM
Cin. Ist
95
88
76'
Verm't Cen., 1st M., cons. ,7, '86
do 2d Mort., 7, 1891
Vermont A Can., new, 8
cm., Sandusky 4 Clev. stock.
m'
Moatic611o A I". Jervis7B,gold
85
94k Grand
108
River Valley, 88
ChlcA Mich, Lake, S., 8s
Detroit, Lansing & L, M, 8s
St.L. 4 So'eastcrn Ist M.. 78..
92>!i
93
American Cent al 8 per cent..
Atchison 4 ^ebra8ka8p. c...
79
Kan. C, St. Jo. 4 C. B. 8 p. c.
82>4
Conn. Western 1st m, 7s
58M
32
Mo., Kan. 4 Texas, 7
PeninBUlft l8t Mort., conv ...
St. L. & Iron Mountain. 1st M.
Mil. & St. Paul, Ist Mort. 88.
do
do
do
do
do
A
162'
1877,.
96
.
Sinking Fund.
Ist Mortgage...
1st
96 >i
97
90
* lOs
'
Kaansas City 4 C.,
St. Jo. AC. Bl. IstM., 108
96X
8 p. c.
do
do
4th
Dub. & Sioux c.
8'8.
Hannibal R.
do
do
do
do
do
do
do
39K
'76.
90
lOlX
100
82X
Omaha A SouthwePtern RR.8'8
Detroit, Hilledale A In. RR.8'8
Quincy
Miss., Ist Mortgage....
do
do
4
Chicago
Burl.
do
do
do
do
Alton
do
do
Peoria
(new)7.
Boston A Albany stock
Boston A Lowell stock
iO
Boston 4 Maine
12^ Boston 4 Providence
35
Cheshire preferred
98
96
98
96
88..
A S. Haven RR.8'8.
Burlington 4 M., Land M.,78.
New Jersey Southern Ist m 7s
Pitts., Ft. W. & Chic, let M...
do
do
do
f^«
95
95
95
95
100
Kalamazoo
Chic. R. Island * Pacific
lOOM
Morris & Essex, 1st Mcrt
do
do
2d Mort
Mew Jersey Central, Ist M., n. 102X lOSX
do
do
2d Mort.
A
88 ... .psg
Grand Trink
Chic, Dub. 4 Minn.,
111.
.
Clore.
St. Paul, Ss.
Carthage 4 Bur. 88
Dixon, Peorla4 Han., 88.
O.O. 4 Fox R.Valley 8s.
Qulncy A Warsaw,
8b
.
118
99)4
,
95"
.
Lick.
do
do
do
7s, gold...
K
O..
Central Ohio. Ist M., 6 .
Marietta A cm., IstM.,
do
do
2d M., 7, 1896.
Northern Cent., 1st M. (guar) 6
do
do 2d M., 8. F., 6, '85.
certificates...
do Bonds, 7,
do
Chlc, Danv.4 Vlncen b 7s,gld
Indianapolis, B. 4 W. 2d m. 8b.
New Jersey ftlidland 78, gold.
EvansviUe, T H 4 Chic is, gld
Ellzabethtown & Padu. 8s con
EvansviUe, H & Nashv.lst m 78
Eur.-'pean 4 North Am. 6b, gld
Southern Minn. 3b
Des Moines Valley Ss of 1857.
do
do Land Grant, 40
Louiriiana 4 Mo. Rlv. ut m. 78 fH%
MA
4 Lake Ch
A Erie, IstM
4
J.
6s, '.900
do
do
do
de
97X
Rutland, new, 7
95
90
Maryland 6b, Jan.. A.,
do
6a, Detence
Baltimore 66 of *75
do
1884
do
do
Gold
4 Newport Bds, 6,
Old Col.
89
BALTinORE.
100
93>«
Baltimore
do
do
Motitclalr 78, gold
do
do
Ilol.,
Hartford
C.
Connecticut Valley
M
54 y,
6)>,
6b,
Ogdensburg
82"
CANAL
Currency...
68 Gold, 1976...
5s,
102X
St.
Chesapeake A Dela. 6b, '8-...
Delaware Division 6b, '7s
Lehigh Navigation 6a, '*!
do
life, '97...
54%
do
conv.. '77.
64X
fis
do
do
4
Louis 7«...
Reading Coal A Iron deb. b.
mort. b.
do
do
115X
BODS.
Pitts., Cln.
2X1
6s,
'96
Wllmlng. 4 Kead.,l6t M .,7, 19(0
do
do 2d Mort. 1902
,
Massachusetts
mn
do
lBtm.66, '96
do
do 7s, '97
Western Penn. 68, '93
do
6fl, p. b.,
do
40k
Portland 6s, building loan
Burlington 4 Mo. L. G., 7
Cheshire, 6
Cln., San. 4 Clev., IstM. ,7, '67.
Rastern Mass., conv.. 6, 1874...
.
&
A Lewlstm Tfi
Warren 4 F. 1st ni. 78, '96
WfBt Chester cons. 7b, *91
West Jersey 6b, '83
Sunbury
.
do SB.gold
Chicago Sewerage 78
Municipal 7s
do
&N
101>«
6b. g.,19-.0.
4 Sunbury )Btm.78...
PhlI.,Wllm.4Bal.,68,*84
Snpt'nrv A i-rlPlst m. -^f, '77.
BOSTON.
Boston
90X
'80
'.s, '»!•
do
cosv. 7b, '90
deb. bonds, '93
g. ni. 78, c, 1910
reg.
do
Phlla.
Maine 6B
New Hampshire, 6s
.
4 Reading 6b,
do
do
do
do
do
do
—
Vermont
lOOX
.
4
South Side, L. I
Toledo, Wab. 4 Western, pref.
Trustees Certll...
do
Quicksilver prelerred
New Central Coal
.
do
State Alda, 7's.
Western Pacific, 6s, gold
95 j<
Kansas Pacificist M., (gold) 7.
ButrTN. y. A K. let M., 1877....
IstM. (gld) 6, J. tD
do
U«
Hud. R. 7s, ad M. S. F. 1885
l8tM.(gld)6, F. &A.
do
lU.i
do
78, 8d Mort., 1875
l8tM.(Leav.Br)7,cur
do
lOlX lOJS
Harlem, 1st Mortgage 7s
Land tjr. M„ 7, isso.
do
do Con. M.&8'kgK'd6s.
do
Inc. Bonds,'!, No. 16.
A.lbany & Susqh'a, 1st bonds.
do
do
No.ll
do
do
2d do .,
Denver
Pacific RR 4 Tel. 7b.
do
do
3d do ..
California 4 Oregon, 6's, gld..
Mich. Cent., Ist M. 8s, 1882
St. Jos 4 Denver E. D., 88, gold
112
Chic, Bur. & Q. 8 p. c. 1st M..
Danville A Urbana. 1st, 7b gld.
Mich. So. 7 per ct.^d Mort
98X Indianapolis 4 West, 1st, 78 gld
Mlch.S.
1. S. P. 7d. c...
St. L.. 4 St. Joseph, 1st. 6b, gld
Tol.
Cleve. *
Sinking Fund
Lake Snp. 4 Miss. Ist 7's, gld.
Cleve. & Tol., new bonds
Rockford.R.1.4 St. L. "B.gld
Cleve., E'vllle* Ash., oldbds
Peoria 4 Rk. I. RR, 7'b, gold.
do
do new bds.
Port Huron 4 L Mich. RR. 7,s
Detroit, Monroe & Tol bonds.
7'8, end
do
do
Buffalo & Erie, new bonds ...
Southern Pacific KR. 6'8,gold.
Lake Shore Dtv. bonds
Atlantic 4 Pacific KR. 6's gld.
Lake Shore con. coup bonds.
Oen RR. of Iowa. Ist M, Ts gld
do
Con. reg. bond!*.,.
2dM,7'8, gld
do
Pacific K. 78, guart d by Mo... 95
OhI. 4 Southeastern RK. 7's...
Central Pacific gold Bonds
Del., Lac. 4 West., conv. 78..
Union Pacific 1st M'ge Bonds, 87J(
Peoria, Pekin 4 J. Ist m, gold
Land Grant, 7s.. 79>,
do
Walkin Valley 7a, gold
7S
do
Income 10b
Bur.,
HapiclB & Minn. 7s, gld
Canal 7s, -96-1906
Ist M.,6, )s80
do
2dM., 6, 1875.
do
gen. m., conv. 1910
do
do
reg.
Perklomen Ist ni.fs, '97
Phlla. 4 Erie 1st m. 68, '81..
do
2d m. 7s, *88....
Philadelphia
pref.
do
Mountain
Northern pref
.MaripoBa Gold
p'ef
do
96
97
Illinois Central 7 p. ct., 1875. .. 105
Belley'le
S.Uls. R. IstM. 8'B. 99
ilton
T. H., 1st
Pennsylvania,
.
9SX
Consolidated Coal
Cumberland Coal and Iron..
Maryland Coal
N. J. Land Improvement Co..
Pennsylvania Coal
Spring Mountain Coal
Wllkesbarre Coal
Canton Co
Delaware4 Hudson Canal
Atlantic Mall Steamisip
95V
>,
do
Long Dock Bonds
4
American Coal
Boston Water Power
Detroit Clty,7's
1879
46
niscellaneons Stocks
St.
Brie iBt Mortgage Extended.,
19
Bpecial.
Iron
St. Louis
St. L., Kan. C.
Warren
at
Joseph, Mo, 7s
lOSX
Missouri Pac, 68, gold
Atchison & P. P^, 68 gold
Pac. RR. 7'8, gld
an CallTomla
Central Pacific, 7's, 188J, gold
96
1'27
.
do
.
78,1865-76
4
do
,4H Penn 4 N.\.
Saratoga
Rome, Watertown 4 Ogdens..
St. LoulB, Alton 4 T. Haute.
Rensselaer
Cleveland, Ohio, 6*8 various...
do
do 7'fl variouB.
Cook County,
W. A Chic, guar...
Ft
do
Chicago 6'B
7*8
do
conv. 1876
40X
U6X
New Jersey Southern
New York 4 New Haven
scrip
do
do
N.T., Prov. A Best (Stonlngt.)
Ohio 4 MlsBlsBlppl. prelerred.
Cincinnati 7-30'B
subscription
do
do
do
do
4
Mo.,Kansas4T
New Jersey
Pitts.,
Ask
.
Cln., Ist preferred
do 2d pref
Essex
R0ld,'71
,7b,
4
do
Morris
Pekin, Lincoln & Decatur IstM
Han. & Cent. Mi-sourl Ist M..
Cln., Lafayette i Chic. IstM.
Del. & Hudson Canal let M
Atlantic &. Great West. Ist M.
2d M..
do
do
Morris & Evsex 7b of 1871
N. Y,,Newf'd & London Tel..
Tol., Peoria & Warsaw HR....
H
Island
Marietta
&
Bonds not Quoted
78.1876
do Ist
do 76,2d
do 78, 3d
do 7s, 4th
do 78, Sth
Long
ft St.
OHlveston.H.ft
1874
1875
1877
1878
1874
6s, 1883
6s,1887
6b, real estate.
78,
scrip,
JolletA Chicago
Canal, 1873
6s,
do
Bid.
Northern Central 2d m, 6b, '85.
94X
do
do 2d m, g. 6s, 1900
9S
do 2dm. 6b. 1900... ,93X 94
do
'85
North Penn. 1st m, 68,
loo
loax
do
2dm.78, '9«
96K 97
do
10(<. chat, m., *77
74
Oil Creek 4 Al. R., oon. 7s, '88.
so"'
25
Oil Creeklft m.7B, '82
84
92" Pern. A Hightstown '.», '89
N. Haven
do
95
Railroad Bonds.
S
A
Hartford
South Side, L. I, IBt Mort. 78.
do
Sinking Fund..
Morris & Essex, convertible...
do
do construction.
Jefferson RK, Ist Mort. bonds.
La Crosse * Mil. Sa, IstM
Lafayette. Brn & Miss. 1st M.
Bounty, reg
do cou
STOCKS AKD BXOtJBITlBB
Harlem pref
94
Kansas Pacific Inc. 7fl. No. 16..
Cln.& Sp'd Ist M, Eld, C C C & I
do
Ist M, gld. L 8 & M 8
War Loan
do
Indiana 58
UlehlKan 68,1873
do
68,1878
Jo
68,1883
do
78,1878
do
do
do
do
do
98"
Ga., 1st M., 7b.
Peters, 1st M....
Nashville & Decatur Isf M,78..
f'. C. C. 4 Ind's Ist M, 7s. 8. F
Illinois canal bonds, 1870
do
6b coupon, 77
1879
do
do
6s,
6b,
«B,
68,
6s,
68,
5s,
96M
115
Winona
Ohio 6s, 1815
do 6s, 1881
do 6s, 1886
Kentucky 6b
do
oo
do
do
do
do
do
A
BTOOKB AMD SKOUBITIKS.
Chic, Ist
E. Tenn., Va.
Island 6b
N«w York
Jacksonville
St. L.
(Soathurn quoted proviouBly.)
MlBBOurlSB
Han. & St. Joseph.
do
Rbode
Bid. ABk.
A31 Dock & Ira. Co. 7. '86
West. Union Tel., Ist mort. 7b.
Long Island liU 1st M. 78
lOS
Missouri
l''-*:!'
^"df)..
92
60
9M
89
1B«
90
lax
loe
J...
..
S
3
6
4
7
5
46
4
S
.
—
:
5
7
B
S
6
5
THE CHRONICLE.
Sep tember21, 161 2]
385
LOCAL SECURITIES.
Bank Stock
Insurance Stock
Iitat.
List.
Pbiok.
DIVIDIMDS.
ColtPAHUU.
(Qnotatlous by K. S. Bailct. broker, C5 Wall street.)
Marked
tliua
arc
(*)
Par Amount. Periods.
out National,
mcrlrji"
3,000,wn
merlcttii
500,0110
American ExctaanKe.
800,0(10
llowcry
250,000
Hroadway
Hull'a
J.tc.l.
J.& J.
.!.& J.
1,(«0,0(10
200,('00
Mead*
& Drovere
Butcbera
Central
Q-.I.
J.ScJ.
J.&
Chatham
4S0,IXX)
Chemical
800,000 ev.2 mo8
4oo.aio
J. 4, 1.
Citizen**
City
Commerce
Conimonwealth
Cnrrencv
Drj'Oooda'
Kaat HIver ...
Eleventh Ward*
.!.& ,1.
J. 4.1.
.!.& J.
100.00(1
,
Fonrth
Fulton
German American*..
Oermaula'
Greeuwich"
GrocerB
Hanover
Harlem*
u.
J.* J.
M.*N.
F.4 A.
M.&N.
M.*N.
J.& J.
1.4 J.
F.4A.
J.& J.
J.t J.
'500,000
Importers' A Tradera',
Irving
Manutctrera'ft Build."
Leather Mannfactrs...
150'l,(0ll
600.(01
100,000
600.000
2.050,000
500,000
400,000
Manhattan*
Mannt. A Merchants*.
Marine
Market
Mechanics
Mech. BkK Asso'tlon.,
Mechanics A Traders..
Merchants
Ex
Merchants'
July,
.Metropolis*
J.
F.&A.
4 J.
J.& J.
4
July,
J.
J.
J.
J.
July,
4,000 000
23,000
200.000
1,000,000
1,500,000
S,OI0, 00
200,000
j'.'ij!
Jiily,'
A pi.,
4
4
Hill*
Mutual*
Nassau*
National Gallatin
'T2...5
'72 ..5
May,
May.
May,
New Vork
New York Coanty
N T.Nat. Exchange..
N r. Gold Exchange*
M.4N.
A.4 0.
5(IO,OcO
500,000
1,500,010
200,000
1,000,000
400,000
300,000
42i.7«1
2,000,000
4:2.S0O
1,800.000
2,(00.000
500,000
1.000,000
500,000
300,000
1,000,000
Ninth
Ninth Waru*
Nort T America*
North Hirer*
Oriental*
Paclflc*
Park
Peoples*
Phenlx
Republic
Security*
6t. .McholftS
Seventh Ward
Second
Shoe and Leather
J. 4
J.
J.
4
4
Q-F.
4,1.
.J.
.1.4 J.
.1.4 J.
72-..
.1.4 J.
P.4A.
Auir..
J.
J.
J.
July,
July,
July,
July,
•72...
'71. ..6
May,
72...
July,
July,
July.
'71. ..4
Ma'
'Ti...5
Jul'ly.
'72.. .4
4 J.
4 J.
4 J.
Ti-nlh
M.4N.
J.& J.
T.lrd
Tradesmen's
Hulon
i.lW.OOO
.1.4 J.
1.0011,001
4 J.
M.4N.
J. 4 J.
J.
1,1500,1100
200,000
City
Clinton
Fire
72...
T2...5
lOOK
ioo'
Hi"
ill"'
l«l
2S
[Quotations by Charles Otis, 9
Brooklyn Gn« Light
Co....
Now
street and 74 Broa.Iway.l
20
Jersey City
4 Hoboken
.
30
July, •72..
lull, ~i^H
10
10
July. •71. .5
Feb., •T2..5
July,
July, T2.3
Jan., *6«..S
July, •73. .5
Aug.,,*73..5
17
WIJOOO
10
10
IOO
150,000
50
50
85
j
Hanover
Hoinnan
.'.
100
—
IS
50
SO
1(10
25
50
100
Importors^4 Trad..
100
50
International
Irving
50
SO
'25
50
Builders'.
1(10
Niagara
North River
PaclBc
Park
Peter Cooper
25
25
100
•20
..
SO
100
2S
25
'25
July, *71..6
10
10
iJuly, •72..5
July, -n. .5
10
July,
49 263
121,536
Ju1l,T2..5
150,000
200,000
300,000
2 0.000
5
'71..
oly,*73..7
25.374
200,0(10
July,*73.I0
200,000
300,000
178.953
ai.902
3.815
169,216
2,792
'200,000
July, •T2..
July, T2..5
July, '72.10
liiO.OOO
108,9(13
200,000
200,000
181,834
37.1.-I8
Jnly, '72.10
July, T2.I5
Jnly, '72..
210,000
205.079
129,978
Aug., -72.^
•200,000
Inly, *72.I0
200,000
Julv.'71.3)4
1,0(10.000
W1,000
200.000
200,000
150,000
1.50,000
1(10
10
10
10
60,^26
f6,476
12,132
15(1,000
•200,000
1,000,000
•25
9y
II
10
10
5
8ept..*73..5
50
50
100
2S
100
1,585
'72..
"72..
Ja...,*72..5
July,'T2..5
July, '73.10
Ju.y,'72..5
•20
IOO
July,
July,
10
10
m.ooo
200,000
150,000
.'0
33.659
200,000
200.010
2.'SO,00U
50
50
Jaly,^7.'.7)«
26,.'!6A
200,0(10
25
50
50
50
National
37X
35
N. Y. Eqnltable....
New York Fire ... IOO
100
\onkers..
4
N. Y.
.8
Auf..-73.14
Ju'y. fi. 5
61.941
14,100
100
100
.•0
luly, '73.
Jul, ,T2...5
4!..'S71
3;),IW9
l.'XI.OOO
•25
10
10
84,72*
80,096
207,016
8,3i0
89,896
roo.ooo
200,000
500.000
280,000
Lorillard
M5
33,011
•22.111
40
50
Lenox
Long IslandcBkly.)
9,500
l.'iO.OOO
'20
100
*
.
200,008
200,000
150,000
400,000
250,000
2,500,000
'73. .5
Api'.' •Ti'.W
20.011
53
Juh,
•200,1X10
300,000
300,000
200.000
200,000
'60,000
300,000
200,000
'200.000
•200.000
150,000
350,000
200,000
90,499
185,689
101,029
144,584
68,383
171,876
27,094
Apf.,
'73..
July,
July,
Aug.,
July,
'73..
'73. .6
-72.10
-T?..*
July, ^2..
July, "72 6
Jnly, '71. .5
Jnly.'Tl.SM
lOB
1»!,067
Feb..
34,968
161.400
61,908
17.788
104,696
172,698
173,434
July, "72. .5
luly,':23K
July, "72. .5
'72.101
Alig,,'73..6
July, •ra..6
July. T2..7
July,'72..7
.. .. July,'TJ..9
'lO iJuly "71 .S
......
IOO
Washington •
1°45',5»3
10 llO
Williamsburg City. 90
* Over all liabilities. Including re-Insurance, capital and proftt scrip.
Uetropolltan
certlfleates..
.
City Secnrttles.
Mutual, N. Y
Nassau. Brooklyn
do
10
10
18
Firemen's
Firemen's Fund
Flremeu^B Trust...
Gcbhsrrt
Stuvve.'^aut
Tra'dt'smen^s
irnited States
Manhattan
do
bonds
do
10
Kxcliangc
Farragnt
Standard
.
II
53,.t(5
17,165
Star
Sterling
Harlem
10
•274,716
a5,'244
Globe
Greenwich
Guardian
Hamilton
July, 13.10
July.
IM< Aug.,,T2.10
Jub-, •».
14
.luly, V2..9
10
13
66,746
200,010
200,000
200,000
1,010,000
500,000
200,000
ll>i 14',
14
•2(10,000
10(1
MM
!»H
'72. .S
Il,(>48
800.000
l.'>0,000
M
J Illy,
86,544
2(Kl,000
St.Nlcliolas
•
250. irw)
4(1
Safeguard
V5] 2,1100,000
Au(r.,,73.10
100
30
SO
(;lty
ISutgers'
Cltlxens'Gas Co (Hkl>n..
do
certiucates
3uo,(ni
2(10*00
200,000
1,000,000
(Continental
Republic
Uesolute
Gaa and City R.R. Stocks and Bonds.
•250,000
.'0
50
People^a
Phenlx (B^klyn)
Relief
72...
V2...6
:oo
Commercial
Nassau (B'klyn)...
114
70
aoojxio
210.1X0
100
Mech.4Tra(l'rs*
Mechanlcs^(Bklyn)
Mercantile
Merchants'
Metropolitan
Montauk (B'klyn).
U3X
lis
{30
I«
Manhattan
Market
101 .<
June,*!?.!©
30
Manuf 4
•7-2...
July,
Aug.,
July,
.T.& J.
WKStSlde*
?f^
July,
July,
F.4A.
2(X).0OO
York....
.June,
Jnlv. '7'2...4
July, '72.3K
July, "«...6
Aug., Ti,. .4
July, 'T2...6
J.
J.
J.
2,000,010
1,000.000
ofNcw
72...
130
16
Lamar.
•72.. .5
30
10
30
Lafayette (B^klyn)
72...
Apt.,
July,
July,
July,
.1.4.1.
.1.4 J.
,1.4 J.
.1.4 J.
J. 4 J.
20
231,151
14
Kings Co. (B'klyn)
Knickerbocker
'J2...4
17
13
10
20
.lefferson
May," i"2'.!!3
200,000
3(0,000
200,0(0
13
It
10
•2(1
Humboldt
116X
aujooo
.69,114
Howard
is
2S
50
25
IOO
29
New
178.1156
»<2.'264
Hope
•72.. .3
'72"."
200
153.00(1
Home
72...
T2...6
7i...5
72...
luly,
A. 4 O.
.1.4 J.
iro
ma
AD
IOO
10,886
Last Paid.
Joly. T2.,S
July. 13..
Jnly,^73
July, '73, .6
3(10,.M I4H 17
10
3,4*2 10
10
3il.l4« 10
SflOWO
German- American
Germanla
7-2... 5
5011,000
Metropolitan
101
400X100
17
Eagle
no
2(»WI
1873.*
20
Empire
1(1
aoo.iwo
SO
mi
Jisas 1870
Citizens*
Corn Kxctiangc
7i..'J
'uly,
J.
4 Mlifrs
23
100
1.
Brooklyn
Commerce
72...
J.& J.
M.4N.
M.&N.
M.4N.
Arctic
Atlantic
Columbia
Aug., T2...6
Jaiy, 72.
July, TJ...6
J.
American
American Exch*e
Uroalway
72.3S
72..
.^tua
Brewers'
72...
May,
Adriatic
Bowery
lao
•72...
'72...
•72.3 )<
July, T2...5
July, •n.
Feb., 72. ..4
July, '72.
July, T2...4
J.
J.
lOOX
Aug., "72...
Nov., •71.3K
July,
4
148
May. T2...5
J.&.l.
I,00O,00C
2,000,000
500,000
600,000
1,000.000
3,0 O.OCO
1,235.000
Mercantile
Aiig.,
July,
July,
July,
July,
July,
July.
July.
,1.
J.
.I.&.I.
1000,000
300
DiVIDBKDfl.
PLUS,
Par Amount.
175
M
J.&
2tO,000
ISO.OOO
500 00(1
8 000,000
600,000
000,000
2
200,000
300,000
300,000
11..
Ti...4
NsTfrs
Jak.
A
May,
Q-J-
&
CaI'-tal.
.Jan.,
F.&A.
J.
ssami
Finh
Sixth
State
M.4N.
1,000,000
First
Murray
1,000,000
10J)IIO,000
750,000
8,000,000
l,ftfl 000
Continental
Corn Kxchanire*
J.
Askd
67... 5
July, '68.. 15
July, Ti..\i
July, •Ti...i 25(1
July, T2...5
July. ti...* ioo"
July, Ti...6 150
Bept, 72.. 10 locox
July. T2...5 135
July, •W..10 2S5
July, •Ti. .-4 Hi
July, '71. ..8
July, '72JV
J.&J.
800,000
8,000,000
.
•luly,
•Jan.,
.I.&J.
M.ftN.
5.000,000
Atlantic
Uld.
Last Paid.
1871
scrip...
New York
People's (Brooklyn)
do
do
bonds.
Bonds due.
Rate.
Westchester Conntr
Months Parable.
Bid.
WUlUmsbnrg
do
serin
,
,
«
Bletcker
St.(t'
FullonFtrry—MoiA
Brooft^pay
tt
Seventh Ave—slocli.
Ifeio
IOO
900.000
oo
6(M.(100
2,100,(100
1
100
lOdC
BrooktuH Wtfi^— stock
1,600,000
;o
i,.'>ai,oa)
1000
Bklvn,Prniipa:l
.Rotti-atock
50
Ist mort)?iige
lOCO
Hrondwtiy (//roojtjyn)— stock
100
800.000
:oo
80.000
4,am,(ioo
700,000
115,000
100.000
n.A
AtUtnttc Avenue,
Brooktynstock
500
SOO
500
do
do
2d
3rd
Central Pk, N.
do
21
Coney
E. iaoer— stock
i£
...
Ixltiml tt
Dry Dork, K.
11.
Brooklyn— stock
.tB««CT-»— stock
mortgage
Ist
Eighth Aran ««— stock
.'.
mortgage
Ist
I2rf .SI.
1000
100
* Qrand SI
ferry-Btoci..
Ist mortcrage
Oratiit Street db Xewtoujn— stock.
Xint/i Avenue stock
1st mortgage
Sernnd Avenue— stock
Sixth
Avenue— Btoci
l3t
mortgage
1st
mortgage
KM.OOO
700,000
10
1000
mo
lOlO
100
lOOO
WilUamnhury <f nitbU9h~4ilock. I.lO
1st mortgAge
1000
•This columu f.|iowH last dividend or.
1
7
•7
J 411.
75*'
"isso"
•lune 72
65
90
200
ion
J.4D.
1884
Q-F. Aug.'W
4
J.
200,000
170,000
797,000
167,000
800JX10
J.
4 J.
J.
4
ifc
1878
JuncT!
120
120
ioo'
J.
A.'&o!"
A. ft O.
73
7
"iW"
1M4
4J.
18-5
K.4A.
M.4N.
ISS'i
J.
4
M.4S.
J. 4.1.
J. 4 J.
M.4N.
A.40.
2
1890
J.
4
J.
J.&I).
7
V.4A.
A.40.
AUT.T2
88
1K74-76
Jan.,'72
91
'72
iio
Mav"
1873
July'TO "75
Juiy-T2
1877
1876
1885
1888
5
7
J.
4
J.
t
Q-F.
J &.T.
•••f
m'.'4's.'
tUu^kn,
..1853-60.
(1»
Aqued'ct stock. 1865
pipes and mains
reservoir bonds
Central Park bonds. .1853-57.
..1853-66.
do
do
Heal estate bonds;. ..18e(^«.
1863.
Dock bonds
1870.
do
1860.
Floating debt stock.
1865-68.
Market stock
1863.
Soldiers' aid fund
do
1863.
do
do
1863.
do
do
1869.
....1869.
Consolidated bonds
Street Imp. stock'
'
175
100
"
ioo"
n
93
fU
140
1*0
95
95
8U
80
100
sax
.1(10,00(1
125,0(0
1911-63,
1854-57.
water stock.. 1845-51,
do
M.4N.
M.&N. Mar T2
7
Croton
do
Croton
do
do
Iiiir>rovement stock
".i"."4'j;'
I
York:
Water stock
do
. . .
.
J.
<i-F.
7
6
7
5
S.-'AOOO
300,000
150,000
315,000
750,000
250,000
2,000,000
2,000,000
M.4N.
.1.
1,300,000
1,000,000
203,000
730,000
mo
7
214,000
IOO
1000
100
1000
50
J.
.....
s.-ai.aio
1000
woo
J.
7
•250,000
5(»l,00O
•00
?
2ttl,(CT
100(1
1000
3d mortgagi;
3d mortgage
300.000
1,161,(1(10
20
J.&
2M.00O
100
lOUl
100
!0OU
IOO
7
3
7
but gate ot maturity ol ttonna
do
var.
var.
rar.
do
Brooklyn ;
18l»-«.
City bonds
18«l-«.
do
1863-66.
Local Imp. bonds
....1866-70.
do
do
N.Y. Bridge bonds... .1870.
1860-71.
rark bonds
l,-«7-71.
Water bonds
3 years.
Sewerage bonda
do
bonds.
Assessment
.
Jerney City
Wafer loan
.
1883-67.
1869-71
do
1866-69.
Sewerage bonds
lf6B-69.
Bergen bonds
Assosameot bonds... 1870-71.
May, AnK.4 Nov
do
do
do
do
do
do
do
do
May 4 November.
Feb.,
Feb., ^lay, Aug.4
do
do
do
do
May 4
do
do
do
do
November.
Feb.,"ftlay,
May 4
Nov
Aug.* Nov.
NovenilM-r.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
January
do
do
do
4
do
do
do
do
do
do
do
do
do
do
do
do
do
January
do
July,
4
July.
do
do
do
ds
do
Jan.. May. July A Nov.
1970-80
187S-7«
1890
188»-9D
1884-1911
1K84-I90O
1907-11
1874-98
in4-«6
1878
1871-7«
1901
isre
ia»4-97
1873
1S7S-75
1876
1889
lfn»-90
104
99
105
96
99
108
9«
ll»
1901
1688
99
ia7»«
106
187-2-n
9«
1886-n
1881-K
>£«
187M6
I03K
.06X
1911
to
1915-31
1881-1903
108
vartour
various
:oo
100
1877-96
1899-1902
91
IOO
t8a-7»
99
ICO
100
1874-1900
1875-91
94S
Askd
:
THE CHRONICLE.
386
IiiLTESr INXELIilGENCE
OF STATE,
RAILROAD FINANCES.
BECEIPTS.
INVESXOTENTS.
Tho proposals
for $3,923,700 of the Chesiipeakefand
Obio
Rail-
—
road loan being tbe balance remaining unsold of the first mortgage loan <or $15,000,000— resulted in bids for $2,89 1 ,500, from
which the agents accepted a little over $2,000,000, leaving, (in addition to the $100 bonds) $959,000 still in their hands, subject to
private negotiation, as the bonds will no longer be offered publicly.
The prices averaged about 87^, including accrued interest, and the
bonds yet unsold, including the $100 issues, will probably meet
with considerable favor from buyers, as tbe road is now nearly com"
pleted and this prominent loan isfsubstantially closed out. We
understand that $2,000,000 or more of the bonds are held in Germany. In another column^we present a full review of the coal and
iron resources along the line of the road, from a report just made
for the company by Professor Ilidgway, Mining Engineer, &c.
The Central Railroad
New
of
Jersey offers to
its.
stockholders
and those of the Delaw.^re, Lackawana and Western Railroad
Company, pro rata, $3,000,000 [of bonds (not mortgage) at par
these bonds are convertible into stock between. November 1,1875'
and November 1, 1877. It will be remembered that a similar
amount of the same sort of bonds sold a few months ago by the
Delaware, Lackawana and Western Company were taken at 100
to lOli. The bonds are not secured by mortgage, but the convertibility into stock during a period of two years is undoubtedly
a very attractive feature to a largo number who have much con.
;
fidence in a steady
[September 21, 1872.
—
AND
CITTT
•^
:
Tbe mempliltt dc Charlestoa Railroad.— Report of the
President. We gave last week a brief summary of the report
of this company, and furnish now a more extended statement.
The President and Directors respectfully submit the following
report for the fiscal year ending June 30, 1872
The gross receipts of the road, as shown by the report of the
Superintendents, herewith submitted, were
®l)c Jlailwjajj iilonitor.
The
:
appreciation of the stocks of these companies.
option to subscribe for the bonds continues
till
October
1,
proximo.
A new bond
From passf ngers
From freight
From mails
$6,30,4*3 00
670.009 23
42,684 99
38,450 99
22,547 78— $1,404,116 OS
Fromrents
FromeipresB
IZPENSES.
Expenses for operating the road
980,.311
...
69—
NetreceiptB
From which deduct extraordinary expenses
950,391
f>9
4.^3,724
33
197,057 13
Actaalnct receipts
$256,667 20
Compared with the previous year there
is
a decrease
in EfOBs receipts of
$13,325 44
Compared with
the previous year there is a decrease
expenses of
p
increase in net receipts of
This decrease of receipts has been in—
in gross
51,557 74
38,232 ,30
And an
Passage
Mall
Express
Rents
Less increase in freight
$34,910 21
206 25
13.4.52 22
15,583
10—
$61,15178
50.826 34
Showing net decrease of
$13,325 44
Of the decrease in passenger business $9,669 31 is in local, and
$38,584 35 in through. The receipts of the Winchester & Alabama Railroad, $6,527, and McMinnville & Manchester Railroad,
$6,816 45, being included in the amount of entire passenger
business, serve to reduce "the loss to this extent.
There is little reason to doubt that the loss in through business
is due mainly to the opening of a competing route, via Selma,
Rome & Dalton Railroad, for New Orleans travel, while the active
competition of the Nashville and Chattanooga and Northwestern
roads for travel between Memphis and Chattanooga has, to son e
extent, reduced our receipts.
Receipts from express service show a heavy decrease, resulting
from the Virginia road having no arrangement with the Southern
Express Company, forcing tliat business over other lines that
would otherwise pass over ours.
Our connections have supplied cars to a greater extent than
heretofore for the joint through traffic, reducing our car rents
very materially, and cutting off greatly the revenue from earnings of our cars in their service.
Freight shows an increase of
$50,826 34
has just been brought forward in our market by
Opdyke & Co., viz. the first mortgage seven per
cent, gold loan of the Lake Ontario Shore Railroad, offered at 90
in currency. The road upon which the bonds are secured will
From this, however, should be deducted
$12,249 72
extend from Oswego the terminus of the New York and Oswego Receipts of the Winchester and Alabama Railroad
Receipts of the McMinnville and Manchester Railroad
7,856 05—20.105 77
Midland Railroad to .Lewiston, on the Niagara River, with
Leaving increase of this business on Memphis and Charleston E. R. $30,720 57
branches to Suspension Bridge and Buffalo, in all about 150 miles.
Of which $9,572 65 is local, and $21,147 92 through business.
It will thus form the connecting link which will make the Oswego
Our through freight tonnage has increased largely in excess of
Midland Road, an all rail through route to the West. As the bonds increased earnings, owing to the low rates prevailing, consequent
bear the same rate of interest as the Midland Railroad bonds, and upon active competition. We were cut off from St. Louis during
are offered 10 per cent, cheaper, they ought to meet with favor the best shipping season on account of low water in the fall, and
the river being closed by ice during the winter, the trade from
Messsrs. George
:
:
—
—
.
from the friends of that enterprise.
Aside from the merits of the
bonds as an investment,
.
.
that point finding an outlet entirely by the all-rail line via Nashville, and forcing us to depend wholly on low-priced merchandise
from Eastern cities and cjtton from Memphis to employ our
a subject of much interest
equipment.
it forms a portion of
A comparison of the statement of cotton shipped this year, with
one of the great through routes to the West, of which there that of the one preceding, shows
a decrease of 9,68(i bales, or
are no less than four in progress at the present time, viz
The about 11 per cent of local cotton, and that nearly 6,000 bales of
that
produced
on
the
line
of
road
found a market in Now Orleans,
Chesapeake & Ohio Railroad, nearly completed between the Ohio
shipments being made via Grand Junction, reducing our revenue
River and the Atlantic tide-waters at Richmond, Va. tho
the construction
road
of this
is
to all parties interested in railroads, as
:
New
;
both as to the carriage of the staple and the returning trade.
Lake Ontario
Through cotton increases 13,639 bales, notwithstanding a deShore road, forming a line from New York city to Oswego and crease of 11,955 bales from the line of the Mississippi Central
Buffalo, on the great Lakes the Hudson River West Shore & Road, depriving us of a considerable revenue from this loss
Chicago road, in progress but not yet far advanced, though the directly, as well as affecting the trade we would otherwise have
had returning, had this cotton been marketed at Memphis. We
road will probably be built ultimately from New York to Buffalo
have, therefore, as before remarked, depended wholly upon the
and the new Western connection from Chicago to Buffalo, increased shipment of eastward-bound cotton, in which there is
tho Chicago and Canada Southern, now far advanced to com. shown to be 23,511 bales more than in the previous year from
Memphis alone. Our shipments from this point in the aggregate
pletion.
Tork & Oswego Midland, and
its
connection, the
;
;
All these are lines of road which will compete, as soon as they
are finished, with the four great through lines from the Atlantic
West that have heretofore monopolized the immense
East and West traffic passing across the Northern States. The
gross earnings of the latter roads and their, connecting lines to
the West, lor their last fiscal years, respectively, were as follows
coast to the
The New York
Central and Hudson River, $21,973,105
;
Lake
Shore and Michigan Southern (connecting line to Chicago), $14,total New York to Chicago by this route, $36,770,080.
797,975
Erie Railway, $17,163,005. Pennsylvania Central, Philadelphia
;
to Pittsburg, $18,719,737
;
Pittsburg, Fort
are 89,236 bales, receipts being 66,046, the latter decreasing 15,930
bales, affecting materially our revenue.
Comparing expenses with the previous year, the cost of operating has increased 6i per cent, while gross expenses decrease i\
per cent. Mileage of trains shows an increase of 23 7-10 per cent,
due in part to operating the Winchester and Alabama and the
McMinnville and Manchester Roads, but mainly to an increase in
the volume of through freight on the main line, which, being
carried at low rates, does not give us an increase in receipts.
It has been shown that after providing for operating and extras
ordinary expenses, we had
Remaining from gross receipts
$256,667 20
Amount of interest on funded debt and interest and exchange
:
account
,304
067 92
Wayne and
Chicago
Showing a deficit of
Philadelphia and Tren- Against a deficit last year
$47,400 72
181,340 36
connecting line to Chicago, $8,393,973
of
and Camden and Amboy, connecting lines from Philadelphia
From the report of the Chief Engineer it will be seen that the
to New York, $6,134,085— total. New York to Chicago by this large increase in extraordinary expenses in this department is due
to the extensive renewals of iron, being largely in excess of our
route, $34,556,393. Baltimore and Ohio Railroad, main stem and
estimates of last year.
branch to Parkersburg, Va., $10,646,486
Marietta and CincinOrdinary expenses also show an increase amounting to $17,nati, connecting line to Cincinnati, $1,690,968; Ohio and Missis- 080 15, arising mainly frooi replacing ties, fastening and worn
raila.
sippi, connecting line Cincinnati to St. Louis, $3,197,152
total on
You are referred to the condensed balance sheet of the Division
this route, Baltimore to St. Louis, $15,584,606. These figures
are Treasurers for a full understanding of the financial condition of
sufficiently forcible In themselves without any comment.
the company, cost of road, equipmpnt and other partipijlars ; also
;
j
ton,
j
i
'
;
;
j
:
THE CHRONICLE.
September 21, 1372.]
to the Treasurer's supplemental statement of 1st of August,
showing your assets and liabilities, as well as receipts and expenses, since tho close of the year. Your assets being estimated
at real value are as follows:
$528,31
Labilities
Of
vvhicli at least $20,000 mlgtit
be charffedotr being old
by which to pay
supplement any
...$115,000 00
Cost of Manchester and McJlinnville, and Sparta Railroads
155,517 39 -330,517 39
$197,796 36
Total
We have also a claim
against the State of Tennessee, amounting to about $90,000, and hope to recover of our claim against the
United States Government an amount sufficient to pay off our
entire debt without tresoassinij; upon the rental. from the Southern Railway Security Company.
In accordance with the terms of the lease entered into en
March 5th, 1873, the Southern Railway Security Company, after
making a full and complete inventory of the property of the
Company transff rred to it under that agreement, assumed control
of the road on the 1st day of July last, since which th y have
been operating it under the direction of Captain Joseph Jaques,
General Manager, without any material change in its organization.
Respectfully submitter^,,
M. J. WICKS, President.
Central Railroad of Neiv Jersey.— In a circular issued to
the stockholders ot this company, and those of the Delaware,
Lackawana and Western Railroad, offering |3,000.000 of Central
of New Jersey convertible bonds for their subscription previous to
October 1, proximo, the following statement is made:
" This issue of bonds is mainly for the purpose of providing
funds for continuing the enlargement of the sources and avenues
of coal supply, as also to increase and develop the passenger and
freight facilities. A large, growing and profitable business calls
ior a steady increase in facilities of all kinds
but the largest demands arise irom the policy adopted and acted on during the last
two years, of securing permanently the coal lands and roads from
which our main business is to be derived.
A full annual report was made to January last, (published in
Chkonicle, vol. 14, p. 658). Since then the lollowing expenditures have been made
:
&c
4t,500
34,500
20.500
677,000
1,203,000
121,750
198,000
Perth Amboy and Long Branch Railways
Docks, wharves and fiiling
quate to the payment of ordinary operating expenses, the large
renewaln necessitated by the then condition of the road, tLo
dividends to the city, and the principal of, as well as the interest
upon the funded and unfunded debt.
In this connection let it be borne in mind that the City of Petersburg, a shareholder to tho extent of more than one-third of the
road, was entitled to and demanded a three per cent dividend on
two thirds of its stock, under an act of the Virginia Legislature,
and that, too, whether the road was inukin; or losing money.
It was determined on, by the Board of Directors, that the shareholders, (or copartners) other than the city, (the individual stockholdjrs) should be placed upon the same footing with the City, by
appropriating so much of the earnings as was required to pay to
all the shareholders, the City of Petersburg and the individual
stockholders alike, the annuil dividend of three per cent, and so
long as there was anv deficit in the j-ross earnings for all the
p'lrposes required, supplemtnt so much from the eight per cent
bonds as was necessary to restore the amount taken from the
earnings for dividends, thus doing equal and exact Justice to the
entire partnership.
Having thus
briefly stated the case, the fortieth
of the operations of the
road
Is
QBOSS EABNINGS FOR THE TEAR
From
From
From
annual report
respectfully submitted.
1871.
passengers
$84,768 01
160,450 00
freight
mails and express
17.814 00
Total earnings
Operating expenses, including renewals, taxes, insurance. <tc
Coupons and
interest
$263,481
6.3
$178,195 67
24,498 98
Total expenses
$202,694 65
•
Total net earnings
$60,736
!"8
Out of these profits a dividend of four dollars per share was
declared, amounting to the sum of $52,968.
The following abstract from the report of the Treasurer exhibits
in detail the fiuancial condition of the Company
1NDEBTBUNE83.
Seven per cent coupon bonds
$17,000 00
Eight per cent coupon bonds
311,500 00— $358,500 00
:
Bills payable.
28,223
Total
Due to other companies
O't
$386,723 08
$7.010 70
18.852 50
Dividends and interest
Bills not paid .lauuary 1, 1872
14,189
31—
Total
40,082 51
$426,805 59
CREDITS.
Cash assets
Due by other companies
Leaving
$44,228 45
19,524
total balance of indebtedness, 1871
1^—
63,752 61
$363,052 98
314,552 02
Total balance of indebtedness for the year 1870
.SIti.OOO
Lands
2."n,000
•.
$3,246,750
" There have been received for instalments on the scrip stock
13,2.52,850; leaving, Sept. Ist, about $000,000 still to receive.
" The following is a statement of the receipts and expenses for
nine months to October 1st ; tho last month being estimated
:
Passengers
Merchandise
Coal
Miscellaneous
off tiie accumulated and accumulating debts, and
deficit in the gross earnings which were inade-
$368..50')
New shops, houses, &c
Engines. $170,000; cars. $507.000
Coal interest
Newark Railroad stock redeemed
Total
;
;
:
General construction, new track,
Reducing grade Newark branch
Coal wharf. Port .Tohnston
there waa a considerable outstanding debt, funded in 6 and 7 per
cent bonds, falling due in 1869, 1870. 1871 and 1872 there waa »
comparatively large floattng debt, liquidated and unliriuidated ;
there were large claims amounting to several thousand dollars,
rapidly maturing to trial, on the docket.-! of the courts, every one of
which resulted in judgments against the company the receipts
were far short of the pecuniary requirements the road-bed was
in an unsafe condition, &c.
The expedient of aa issue ot 8 per cent bonds was resorted to,
;
balances that will never be called lor. and to retire
the remainder we have the following assets at cash
Stock in South and North Alabama Kailvaliiatiou
$fi.000 00
road, say
3.(100 00
Stock in Shelby County TurnpiKe Company
8.000 00
Stock in National Bank of Huntsvlllo
b.OOO
00
Huntsville
Hotel at
20.000 00
Bills receivable
00
1,000
fund
Slnkinir
5,000 CO
United States
20,000 00
Postofflce Department
15.000 00
Due from Kailroads
5.000 00
Due fromAgenls
40.000 00
Due from Individuals
4.000 00
Indorsed Coupons
Lands and Lots
20.000 00
Cash
22,000 CO
Total
387
..
Total
$1,038,000 00
I,:j75 000 00
2,a'>4.000 00
72.000 00
$5,:339,000 00
Operating expenses
a.ldS.OOO 00
Increase of debt
Total assets
Total liabilities, including capital stock
Excess of assets
Par value of stock
$48,500 96
$1,782,865 35
1,751,005 59
$')l,8r>9
,
76
100 00
joS 40
Real value of slock
Cliesapenke &. Ohio Railroad.— The Iron, Coal AND OTHER
Minerals along its Route.— An extended and careful geological
survey of the minerals of commerce found along the route and
near to the line of the Chesapeake & Ohio Railroad, has been
made by Prof. Thos. S. Ridgway, geologist and mining engineer,
and from his report we condense tho following. He says " I
have to report a profusion of economic minerals that is to say, of
minerals in common use in the mechanic arts, along almost the
entire line and my attention has been particularly struck by the
favorable way in which the numerous iron ore beds are found at
one part of the line, succeeded by limestone at another part of the
line, and by coal seams of extraordinary richness still further on,
all lying within easy reach of each other along 300 miles of your
line of road. These minerals are each and all found in such conditions for easy access, and for handling in large quantities, that
I entertain no doubt that their extraction and distribution on the
largest scale will begin at once, and yield enormous revenues to
your road.
It may be well to remark, in the outset, that the general
geological formations of the two States of Virginia and West
Virginia correspond in their component members with those of
Pennsylvania, of which they form an extension.
IIEM.^TITE IRON ORE VEIN.
Starting from the eastward, the first pronounced vein of iron
ore is found in Ijouisa County, about four miles north from
Tolersville station, in the Gold Belt, and consists of a fissure vein
of hematite iron ore, thirty feet wide, bearing a few degrees across
the stratification, and at times conforming to that course appearing in places as if bedded, the ore being the "Iron Hat" to the sulphurets of iron and copper ores below.
This ore is now being worked in the Victoria charcoal furnace
Two and a half tons of this ore make a ton
it being in full blast.
aroillaceous iron ore bed.
of pig iron.
The next distinct and workable bed of iron ore is found in the
Piedmont District, about three and a half miles southerly from
:
;
$2,171,000 00
Dividends six months
$S4fi,86S 85
months
Taxes nine months
Rent L. & S. R. R., nine months
Interest nine
489,000 00
49,000 00
617,000 00— 1,981,868 85
$189,1:)! 15
October dividend
450,000 00
Deficit
which
is
$260,868 35
nearly covered
by the surplus of last year. Any change
would at once operate most bene-
for the better in the coal trade
ficially on the finances.
"Terms: The bonds are ofTered to the stockholders in tho proportion of one bond of $1,000 for every 6() 2-3 shares held, and
for each fraction of that amount.
The privilege will be open till
the 1st of October, proximo. For stockholders at a distance a
sufficient time for communication will be allowed.
Ten per cent,
will be payable on or before the 1st of October next, to Samuel
Knox, Treasurer, and ten per cent, on or before the first day of
each succeeding month, till the whole amount has been paid in.
Payment may be made in full, if desired. Interest to the 1st of
November, the date of the bond, will be adjusted at the time of
payment."
PetembnrK Rati road. -The annual report for the year 1871
furnished the following The fiscal year of this Company terminates annually on the Ist day of January. On the 1st of February
last a proposal wa» made in the Council of the City of Petersburg
to sell the city's interest in this road.
Four years sines, when the present administration was in8ta1)e$].
:
;
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;
THE CHRONICLE.
388
[September 21, 1872.
Coal Measures of West Virginia.
bituminous coal measures of West Virginia and
Western Pennsylvania are parts of the same great upper
Ohio coal basin
the portion comprised within Western
Virginia, embracing the southeast portion of a central section,
the
seams
of coal thicker and of better quality
containing
than in Pennsylvania, as will be seen by comparing some of the
LIMESTONE.
rocky strata and seams of coal common to the bituminous coal
It is a noticeable feature of this deposit that within 300 feet wo
territory of both Slates. For example: the bold exposures of
find a bed of limestone 80 feet wide, standing also in a nearly
ponderous sandstones, overlying the black flint, in the hills along
vertical position, which must prove to be of immense value, both
the Kanawha, at Cannelton and elsewhere, are identical with the
on account of its great abundance and accessibility.
Mahoning sandstone of Pennsylvania. Underneath are ten feet
MAGNETIC IRON ORE VEIN.
About five hundred yards from the northwest mouth of the Blue rf slate, which lie over a bed of coal, partly splint and partly
Ridge tunnel we find an iron ore vein, in the form of a dyke, 30 cannel, five feet four inches in thickness, the latter being identical
in position with the "Upper Freeport" coal seam of Pennsylvania,
feet wide, which is magnetic in structure, containing particles of
This sparry nature I take to be superficial, and it Is proba- but which is there three feet six inches in thickness. Next in the
spar.
ble the ore would improve in magnetic quality as we descend descending order is a five feet seam of semi-bituminous coal,
with a mining shaft. In its present condition, however, it is a reposing beneath 15 feet of slate and shale, identical in position
"
valuable iron ore, especially for mixture with calcareous and with the Lower Freeport " coal-bed of Pennsylvania, 2 to 3 feet
in thickness.
The " Gas-Coal " seam at Cannelton, some distance
argillaceous ores.
below, is identical with the Kittaning coal bed mined on the
HEMATITE IRON ORB DEPOSIT.
In the spurs of the northwest slope of the Blue Ridge, about Allegheny River, in Pennsylvania. These points of identity are
two miles to the south of Fieherville station, in Augusta County, sufficient to show the unity and continuity. of these bituminous
Gordonsville. In the cut, near Col. Patton's residence, there is a
large bed of arjarillaceous brown iron ore, in position nearly vertical, enclosed in yellow shales, and crossing tue course of the
railroad obliquely. It is of a rich quality, containing, I snould
judjie, from its appearance, 35 per cent of iron, and would bo
useiul in mixing with silicious ores.
at Gibson's Hill, we find a deposit of Silurian iron ore. This kind
of ore is already in constant demand to supply charcoal furnaces
in Virginia.
It contains from 35 to 50 per cent of iron, and it may
be mined for 60 cents per ton.
SHENANDOAH LIMESTONE VALLEY.
This valley, which your road crosses near the headwaters of
the Shenandoah, is known as the " Limestone Valley of Virginia."
It is here about eighteen miles in width, of which fifteen are
limestone land, of the lawer Silurian formation.
At and near Fisherville station, and thence for one mile toward
Staunton, calcareous shales and bands of limestone alternate,
dipping to the northwest. Limestone is here quarried and burned,
as well as shipped in its crude state to various charcoal furnaces
for fluxing purposes.
The
;
coal measures.
NEW RIVER.
the eastward, the bituminous coal seams ot
found
in
the
tops of the mountain ranges
West Virginia are
overlooking New River. About ten miles to the northwest, down
stream from the Big Sewell, an aggregate thickness of twenty-six
and a half feet of coal has been proven by actual test-holes made
upon five workable seams. The first seam opened (the second in
the series), about 200 feet above the river, is from 6 to 7 feet in
thickness. It is a rich Coking coal, the coke having a close grain
and metallic lustre. Above it is another seam 4^ feet in thickness
of excellent coal of the Splint character, with a cleavage into
large merchantable blocks. This coal, like some of the seams
and parts of seams found in the measures lower down the river,
is of so compact a nature that it can be used in an iron blast furnace in its raw state. The seam next above it is a seam of common bituminous coal 4 feet in thickness. The seam above this
again is 4+ feet in thickness, and exceedinaly rich in lustre. Other
seams of ordinary bituminous coal follow in the same ascending
series whose numbers and dimensions are given in the SectionJS
COAL BEDS ON THE KANAWHA.
Map.
At Cannelton, Fayette Co., which is immediately below, there
are five workable seams of coal open, containing an aggregate
thickness of twenty-nine feet. The first, above water level, is
known as the " Smither's Creek " seam of 4 feet 9 inches in thickness, consisting of two benches of coal separated by 4 inches of
Next above, in the ascending order, is the " Oas Coal," a
slate.
seam of 6 feet 8 inches in thickness, made up of three benches,
having "clay partings" (always appreciated by miners). The
Next above the " Gas Coal " seam is
coal is a first-class gas coal.
a seam of coal 5 feet in thickness ot a semi-bituminous quality.
Next above this is the celebrated Stockton " seam of coal, 5 feet
4 inches in thickness, averaging 3i feet of cannel and 1 foot 10
inches of splint coal. The cannel portion of the seam Is remarkable for the amount ot oil it contains (about 42 gallons per ton),
and commands in the Cincinnati markets a high price. Next
above Is a seam of " Splint " coal, 8 feet in thickness, 6 feet of
which is a solid mass, and an excellent coal for smelting pur
COAL BEDS OP
On approaching from
first
HEMATITE "BLUFP" IKON ORE DEPOSITS.
Crossing to the opposite, or Little North Mountain elevation,
crest line is made up of the Medina sandstone and the
Clinton group, we nex^come into the Oriskany sandstone range.
The bluff iron ore of the Oriskany sandstones shows itself near
to the Buffalo Gap Furnace, also along the same line of outcroppings, at a point one mile from the Elizabeth Furnace Station,
where immense cliffs of this ore may be seen also near Pond Gap
Station.
Again, in like manner, in the parallel hills, at the
Estaline Furnace and again, at the California Furnace, where
there is an immense amount of iron ore reposing, at a low angle
from the horizon, in a stratified form, and in good mining condition.
Again, at the Austral ia and at the Lucy Selina the beds
ot ore are of remarkable extent and in vast masses.
The immensity of the aggregate mass of hematite iron ore at tliese points
surpasses anything which I have ever seen elsewhere. The ore
rises up into huge cliffs, from 50 to 75 feet high, and the cliffs
'•
may be broken down and put into the cars at 40 ceuts per ton.
ARGILLACEOUS IRON ORE DEPOSIT.
Further to the southward, and near Goshen, at the southeast
foot of Knob Mountain, are found nests of argillaceous iron ores.
F0SSILIPEB0U8 AND BLOCK IRON ORB DEPOSIT.
A few miles to the northwest of Gonheu, following the line of
the railroad, in Panther Gap, there is an over-arched display of
the Clinton group of rocks (anticlinal axis), which has brought up poses.
These seams continue down the Kanawha River, in a series of
to view its associated bands of fossiliferous and block iron ores.
This band, at the point crossed by the Chesapeake & Ohio Rail- gentle undulations. At Coalburg I found a bed of coal 7 feet
road, is eighteen inches in thickness, and is advantageously placed thick, six feet of which is now being mined by the Kanawha and
for continuous working.
The ore is rich, containing from 45 to 50 Ohio Coal Mining Co.
MAGNITUDE OF THE DEPOSITS.
per cent of iron.
The lower coal measures, which I have just described,^ detail,
BROWN HEMATITE IRON ORE DEPOSIT.
On Mill Pond Hun, three miles from Covington, and near the are comprised in twenty-four seams, eleven of which ikfbtaining
line of the railroad, a brown hematite iron ore, in huge masses, a.a aggregate thickness of fifty-one feet are workable.
The pick
extends up the stream for miles, similar in characteristics and and shovel may disclose new beds in addition.
Any attempt to estimate, by calculation, the amount of coal
abundance to the bluff ore described above.
contained within a given number of miles of your road would be
IRON ORE DEPOSIT.
Near the red tunnel, a few miles west of Covington, iron ores futile. Without deeming it necessary to resort to a trigonomealso appear along its outcroppings of tlie same general chnractor trical survey ot even a small portion of the field, it is quite
obvious, even to the practised miner, that there are above the
as those above mentioned.
water level, between 15ig Sewell Mountain and Charleston, within
P088ILIPEROUS IRON ORB DEPOSIT.
On Anthony's Creek, a branch of the Greenbrier, there is a five milts on either side of the line of your road, thousands of
beautiful arch of the encrinal limestone, and a few miles further millions of tons, sufficient, allowing for a normal ratio of increase
to the northeast, the underlying Clinton group, and its fossilifer- in consumption, to supply the Western markets for a thousand
ous &\A block iron ore bands make their ap])earance. At the years to come.
ADVANTAGES FOR IRON AND STEEL MANUFACTURE.
point of my observations the fossil ore is ninq inches in thickness
but the block ore has been opened at each of two places, seven
Reviewing the ground between a point in the Piedmont District
feet in thickness.
It inclines at a good angle for mining.
of Virginia, say Gordonsville, and the point where your line
GWEENimiER CARBONIFEROUS LIMESTONE.
debouches on the Ohio, Huntington, a distance of 325 miles, as
Limestone makes its appearance in the Greenbrier River Valley, traversed by your road, I find an almost constant succession of
first in an argillaceous Delt, six feet ia thickness, near the railroad
the minerals prominently used in the Mechanic Arts and Comline at Monroe Draft.
Nearer the river, and upon both side-', merce and I am convinced, from the way in which they are precapping the hills, and dipping at an angle of twenty degrees from sented at the surface, from their abundance and variety, and fiom
the horizon to the northwest, the carboniferous limestone is abun- their proximity to, and elevation above, the road, that all the
dant. At Second Creek tunnel it is nearly in a horizontal position elements of successful, continuous and profitable coal minin?
(the tunnel piercing it).
Analysis shows this bed of limestone to and iron manufacture are here found closely associated, and under
be of remarkable purity, containing a mere trace of magnesia, and the most favorable conditions for use.
The iron ores are
but a trifling amount of silica facts of the utmost importance in eapecialy rich, of great variety the carboniferous limestone is
determining its value as a flux for Iron blast furnaces.
especially superior for fluxing purposes and the several kinds of
BROWN HEMATITE ORE.
coal, are, in their several ways, specially adapted for the manufacUnderlying the carboniferous limestone in a stratum of red ture, refining and working in iron and steel.
shale, the upper portion of which contains a shaly brown hematite
The fact that good serviceable coal can be placed in your cars at
ore deposit of from three to tour feet in thickness, showing itself
f 1 per ton, exclusive of royalty, is one of the first importance,
distinctly in an aulicliiml axis in Bniwhy Mountain, which over- both to the workers in iron, and to the immense distribution of
looks the Greenbrier Valley.
coal for various uses throughout the Mississippi Valley.
whose
;
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—
'
;
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;
;
—
'IHE CHRONICLli
I^Jitemteriil, 1872 j
^{)t
^
€ommtxcxa\
9tim£0.
TioMMERCUAirE
KniDAT
NiaiiT. Sept. 20. 1872.
Trade lias been impeded to some extent durinj^ the past
week by extraneous iiifliipiioes. Ffiiliirea in the grocery
trade at l^.-iltimore have l)oen followed by the suspension of
London; the iniin old house in this city, and another in
fluence of these failures has been preat in holding that
branch of business nearly at a stand still. Tne monetary
flurry in Wall street, and ihe speculative "corner" in gold,
have served to unsettle exchanges, and thus the export of
domestic produce has been in some measure checked. The
scarcity of current funds in provincial markets has also had
an important influence in depressing prices, and promises to
causj an increase in the movements of farm products towards the seaboTd.
Cotton has tnateiially declined, and Middling Uplands
close at 19c.
Fiour has be ii fiim, but closes flit at $7 20
@7 65 for shipping extras. Wheat has been irregular,
new No. 2 Spring closing at 111 54@1 58. Corn has advanced, prime mixed closino; at 05@65^o. Groceries dull.
Provisions have been irregular; |)ork has advanced, with
8ome largo sales for export, mainly old mess, and new prime
mess at $13(g)13 25. Beef has continued to mova pretty
freely for export.
38d
Export* or lieadluK Articles from Ne«r Tork.
The following table, compiled IromUuBtoiu Uouge ruturiiii,Bliowf
the exports of leading arltcles from the port of Nnw Vork iiince
January 1, 1872, to all the 7>rincipal foreign countrif^ti.iind nlnotlic
The laBt two Ihiet
totals for the laBt week, and since January 1.
show loltU values, includine; the value of all other articles besidef
tboHB mentioned in the table.
h
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ii5iS3:iJSgfgiog2§£|g|-.Sg
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Ba;;on has ruled in favor of buyers, late
embracing short clear at 8J@8|-o on the spot, and 8fc
October ; short clear 9^c on the spot ; long and short
clear for December at 7 Jo ; short clear for January and
February at 8^@8:Jc. Lard hes been dull and prices have
declined, closing at 85@9 I-I60 for prime ste.tm, new and
sales
::
for
MO
.
Butter has lost a portion of the late improvement;
sold for export to Great
Britain at 15@16c.
Cheese hsis been rather quiet, but
prices have ruled a shade firmer; fine State factories, 13@
The following statistics will show the export move13^c.
ment in provisions at New York
EXPOKT8 FROM KEW YORK FROM NOT. l8T TO 8BPT. 17, ISCHIBIVK, FOR THREE
.
ir^ :;:§l;sli:sii;s5B|.|?|
" <-<^
lOOO
3r-
'^
o
:K|S .:g5=°SS :g3 S i^SISgS
:
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:
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old.
8ome Western yellow has been
&g US
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SEASONS.
Pork
1871-72.
163.587
90,918
1870-71.
188,189
lbs.. 15.3,820,082
lbs.. 192,302,705
lbs..
4,398,487
lbs. .
69,946,742
lbs..
53.434,682
82.695,992
63,146,144
5,105,259
bbls..
bbls.tcs,.
Beef
Lard
Bacon
Butter
Cheese
Tollow
1869-70.
75,956
67,0:M
130,8ii9
6:j,709,6;«
28.701,391
•
25,03!i,28-l
I*
27,341,910
1,292.765
51,767,023
19,454,897
o
Tallow has been more salable at 9 5-l()@9|e. for prime to
choice.
Rosin declined to 14 10 for strained, at which the
market was active, and prices have recovered to $4 30@
$4 35. Spirits Turpentine has advanced to 62^0., but doses
quiet.
Petroleum has been dull and depressed, closing at
lie. for crude in bulk, and 24^o. for refined, in bbls.
Oils
have been fairly active
Menhaden has advanced to 48@
50c., and of crude whale the sale of 1,000 bbls. has been
made. Whiskey has been active at 93c. Domestic seeds
have been less buoyant. East India goods have been
quiet, and prices nearly nominal.
Wool continues to have
a slow sale, but at the reduced prices now quoted holders
are very firm.
Freights were higher early in the week
10^@lld. was
paid for grain to Liverpool by steam, and 8s. 9d. by
sail to Cork for orders
subsequently there was some falling off.
Yesterday shipments of grain to Liverpool by
steam were made at 10@10^d.; to London »t 10:J@10fd.,
to Glasgow at 10^@lld., and to Cork for orders by sail at
Ss. fid@8s. 7^d.
To-day rates were a fraction firmer at lO^J^
@10fd. for grain to Liverpool by steam ; 8s. 74d. by sail to
Cork for orders, and S.-*. for a L.rge bark to a direct port in
Great Britain. There has been little done in Petroleum
charters until to-day, when a good business was done.
Kentucky Tobacco has been fairly active, hut closes rather
quiet
the sales for the wetk have been 900 hhds., of which
C50 hhds. were for consumption (chiefly to fine-cutters) aud
250 hhds. for export. Prices are without change lugs, 9@
lOJc; leaf, 10i(215c. Seed leaf has shown a good d-gree
of activity, and the sales embrace 200 cases new crop Con
necticut and Massachusetts wrappers at 36@62^c. and 75c.,
the latter for very choice wrappers ; 300 cases do Pennsylvania at 16@20c. for running lots and 30c. for wrappers; 200
do do New York, 14^@l6c.; 250 do do Ohio, ll^ia^c Jor
running lot", and 16@16|c for wrappers ; 310 do do Wisconsin, 8@9;tc; also, 200 cases, sundry lots, old crop, 12@25c.
Spanish tobacco has been in fair demand, with sales of 800
sales Havana at *1@1 17, and 77 bales Yara (new crop)
CD private terms.
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1
:
THE CHRONICLE
390
Imports of Ijeadlnc Articles.
following table, compiled from Custom Honse returns
iliowa the foreign imports of certain leading articles of commerce
at thia port for the last week, since January 1, 1872, and for the
corresponding period in 1871
The
[The quantity
given in packages
is
For Since
the Jan. 1.
week. 18T2.
the
Since
Jau.l,
Same
lime
1871.
week.
18T2.
1871.
For
Metals. &c.
Cutlery
Eartheuwure—
416
Ctilna
Earthenware....
Glass
Glassware
Glass plate
Buttons
Coal, tons
Cocoa, biiga
Coiree, bags
Cocton, bales
Drugs, AcBark, Peruvian.
Blea i)owdur8...
Brlindtonc, tons
Cochineal
Creatu Tartar..
13,129
li,032
J97.231
31,141
8,393
4,679
60,9 ;6
25, 2i
5I(J
11,140
869
18J
133
3,801
&
S,s;6j
1,632
32,225
3,760
5 531
3.85S
bbls
boxes
1112
1,891
51
,.
Hair
3,096
bales
Ac57
ivory
Jewelry. AcJewelry
424 by value—
Cigars
l,41»Corks
8,515
6,219
S7.295
&c.—
Lemons
Kalsins
82
80
8,014
933
3.391
Woods—
1,'.:4
Cork
487,CM
620,i:2
131,960
929
111,043
Receipts or Domestic
80,581
3.203
127,006
146.503
56,507
,355,847
68,072
936.981
2-.>2,983
511.340
80.724
433 52:
140,890
879.285
69,132
121,775
169,240
281,S52
33,601
321,312
113.19-
135.707
34.632
228,783
89,335
Week aud
since
Cassia
8.832
Ginger
Pepper
23',9!5
ISaltpetre
14,79-
5,679
153,1190
38.r,60
&c.—
35,093
K,758
Molasses
130,695
1.67>
819,703
626,736
Fustic
576
...
Logwood
Mahogany
Produce for ttae
4,8'5
I
January 1.
receipts of domestic produce for the week and since Jan, 1,
and for the same time in 1871, have been as follows
The
Ashes... pkgs.
Breadsiuffs—
Flour.. bbls.
Wuea...bm.
Corn
Oats
Bye
Barley, &c..
GrasH seed.
Beans
Peas
O.meai.Dbis
Cotton.. bales.
Hemp
..bales.
No.
Hides
Hops, .bales.
Leather. sides
Molasses,
lids.
13;
This
Since Same
week. Jan.l. time '71
Same
Since
This
week. Jan.
time
1.
'71.
Oil cake, pkgs....
5,012
5.233
Butter, pkgs....
Cutmeats
Eges
Pork
Beef, pkgs
Lard, pkgi
Lard, kegs
Rice, pkgs
Sugar, hhds., &c..
Tallow, pkgs
Tobacco, pkgs....
Tobacco, hhds
Whiskey, bbls....
Wool, bales
Dressed hogs, No.
Soirits turp.
Bosln
Tar
6,::d
6.815
55.015
460,776
21,181
1,741
Cr.turp bbls
2,362
19.612
310
l-itot
43,876'
3J3,2.55
Mobile
Charleston
Savannah
Texas
i,:o8
737
40
S6S
a,03»
li.im
1.584
:,46S
1,143
11,966
9.617
Florida
North Carolina
Virginia
Total thlsyear
Totiil
4.S67
1.579
1,937
2,091
6,212
7,471
....
....!
20.4115
180,' 9!
Ordinary
9.19
55,9'.>2
3,450
1,659
139,133
53,559
80,213
84.099
115.216
98,530
90,114
Middling.
Good Ml'ddlmg
—
Good Ordinary..
Low Middling...
per lb.
I
Savannah
Texas
Tennessee,
&c
3,-367
'-
Saturday....
439
Monday.
01
...
3
Wednesilay.
Thursday...
Friday
327
1,191
Total
last season, aa
Total receipts'.
Increase this year..
Sept. 20.
Hew
Orleans.;
France
i
Contln't
Total this
Samew'k
week.
1871.
Texas
zi\
York...
Other porta..
Total....
Hinoe Sept.
3,751
S,829
ISX^^....
:oK»....
wxa....
1?X«..
n%»....
isx®....
19«*....
i9xa..
20
l» ...
a
20Xft..
20)i&....
.
. .
price of
2,a30
2,411
5,586
9,141
bales.
1,700
200 s.n
n.l05
4,283
83,384
21.453
29,»-'6
2,900
19
2;,00DtotalOctob'r.
1,400
18 11-16
300
1,110
18«
18K
18K
a,5i<i
lov
700
18 13-16
19%
1,7110
18X
1,000...
19 7-16
1,100
19M
19K
100
60J
13 15-16
18 81-32
19
1,000
1,100
200
1,100
1,000
8.100
2.0OO
2,900
1,400
3,300
2,100
Dec.
For January
20,700 total for
19X
19K
19 3-16
600..
19 5-16
200 B.n
2,100
1,300
etc
100 s. u
..19
800
2,200
For November.
2.130
2.200
S.iiOO
Cts.
13X
19M
U),
19 9-16
nx
19V
1871.
93,9»
ow
Mid-
19).
20X
21
1»«
19«
20
20
20K
20H
19
18i-
19X
19X
13X
;8x
cts.
In 9-16
19v
21,000 total Sept'r.
50
4,239
16
13 15-16
18 7-16
19 1-16
700
2.00(1
1,100
3,100
19
1,900
12,330
13.864
12.000
16X
16X
16X
706
2.(03
1,230
I
Ord'ry. Ord'ry. Mldl'g. dling
1,114
1,747
804
•200
1,800
5,61-4
100
100
Tolal.
1?),'
51,269, 20,606
30,663
19,570
7,382
tli.
18 5-16
18 13-16
1872,
Good
Trau-
IW)
650
300
lOO
100
4,228
14,152
2;.133
16,000
6,632
7.354
20.611
Tezaa.
15)»i..,
600
200
100
800
!-><
18 11-16
For October.
722
New
18M
•20IA.L.M.8.nl8X
26,111
4,310
10.101
9 6-1
3,731
Mobile
Chart ston...
Bava'inah
Mobile.
.18%
34
393
telegraphed to us from the various
RxDorted to-
cts.
8,299
bales.
:
Week ending „
„,„
0-Brlt.
e6,6r.»
193r
19
free on board),
For forward delivery the sales (including
have reached during the week 111,150 bales (all low middling or on
the basis of low middling), and the following is a statement of the
sales and prices
llOa.n,
for the week ending this evening reach a total of
11,105 bales, of which 7,354 were to Great Britain, 3,751 to
Prance, and none to rest of the Continent, while the stocks as
Below we give
made up this evening, are now 93,920 bales.
the exports and stocks for the week, and also for the correspond-
ports to-night
«!,C39
S,684
675
576
513
569
Tuesday
bales.
350
The exports
ing week of
S4.79S
26,613
loV.a....
Spec
100
Florida
North Carolina
Virginia
1,9:5'
13,850
84
Kip't. sump.
400
1.693'
2
...}
:
Rec'd this week at—
2,96 1;
3,235
iSl
25.559
Below we give the sales of spot and transit cotton and
Uplands at this market each day of the past week
2.3
3.653,
13,270
Florida.
19
For September.
18,233
3,732
1J,923
12,338
4,171
632
!,'283
10,000
Upland and
14.>;24
BXOEIPTS
bale
998
:
18,258
Friday, P. M., September 20, 1873.
special telegrams received by us to-night from the
Southern ports, we are in possession of the returns showing the
receipts exports, &c., of cotton for the week ending this evening
Sept. 30. From the figures thus obtained it appears that the
total receipts for the seven days have reached 51,269 bales against
39,635 bales last week, 13,5,54 bales the previous week, and 4,461
biles three weeks since, making the total receipts since the first of
September, 1873, 97,598 ba'ies against 42,464 bales for the same
period of 1871, showing an increase since September 1 this year
of 55,134 bales. The de ails of the receipts for this week (as per
telegraph) and the corresponding week of 1871 are as follows
t4ew Orleans
Mobile
Charleston
257
SHI
•••»
'254
;
By
1871.
ll',98«
week ago. The cause of this
depression and lower rates is mainly to be found in the same
facts noticed in our last, aggravated, however, this week by the
very close money market which has prevailed here and the
numerous failures in other departments of trade which have
served to disturb confidence in all business circles. Receipts of
the new crop at our ports have continued very large and Liverpool has declined almost daily, while in the South there has beeu
a great scarcity of current tunds. so that the Southern markets
have given way even more than our own in fact have helped to
drag ours down by rendering it practicable to lay cotton down
here considerably under our nominal quotations. For the moment, therefore, the prospects of the crop have had little
influence, the market laboring as it has under the weight of large
present supplies pressed for sale. At the close to day prices were
steady after a decline of |c since yesterday, middling uplands
being quoted at 19c, or Ifc off during the week. The prices for
futures last reported were (basis low middling) IS^c. for Sept.,
18 3-16c. for Oct., 18f c. for November, 18 5-16c. for December,
18f c. for January, 19|c. for February, and lOJc. for March. The
total sales of this description for the week are 111,150 bales,
tree on board. For immediate delivery the total
including
sales foot up this week 9,141 bales, including 3,184 for export,
5,586 for consumption, 171 tor speculation, and 200 in transit.
Of the above, 400 "bales were to arrive. The following are the
closiner quotations to-day
427,219
949,745
121,818
322,311
156,353
85,868
175.108
15.131
13.319
191,289
13,812
640
J872.
«
18,996
"78
434
21.858
15,934
2.165
4.920
3.374
; 1.272
19.134
:,789
:,5»7
4.'28S
6,r,:6
There has been a continuation in the downward movement of
prices the past week, spot cotton having declined very decidedly,
and futures being off materially from last week's quotations; low
middling on the spot being quoted to-night at 18Jc, against 20|c
last Friday, and futures tonight 18|c to 30 5-lOc from September
427, IM
14,22)
26,63. 1,173,836
255.S41
1,355
313.975
6,449
110.99U
977
15.084
142
2,4-*
273,563
is.rirt
101
74
8,143
233.8'J6
6.817
196
17.619
6.613
46(
so,o;9
188,101
3,959
COTTON.
Bec'd this week at—
1,108
15
46.329
lastya-
35,931
5,351
43,510
819
Provisioni—
Naval Stores—
PorU.
Britain France For'gn Total.
1871.
72.008
2,330
103,951
4,561
66,801
5,011
25
011,lard
Peanuts, bazs
67.05! 1,792.064 2,979,130
536.469 6,64.1.291 13,162.6:0'
1,230,13 1 29,3ll.'J63 '.9,513,174,
262,6:8 9.3;6.363 6.139,9911
261,175
378,013
2,021
796,105
27,912 1,721.859
243.5611
li;.656
2,817
86,413
102,613
1.031
6i6
168,801
95 0)9;
133.458
140,214
4,256
650,091'
401.350
la.iu
2, '94;
3,838
301,796'
620,607
15.593
•1,279
31,9391
9.005
53,123 2,43^,425 2,103.233
31,454
41,753
NewOrloans
to April, against 19 5-16c to SOJc a
Hides undressed.
Uice
14,485,
30.5271
2.330
8.568
374,738
526.941
631,522
13,103
67 1.311,770 1,128,191
65^,940
M9,6i8
4,9«:
832.108
363.190
8,290
54.271 8,634,103 3,854,665
673.932
667.114
17,601
Oranges
Nuts
1,6"7 Spices,
9^3,052
881,169
46,981
4,306
80,i',8
S,002
54.47 1,206,791
4,980
251,421
42,7S6FiBh
3J,6oOFruit8,
9,487,
5,411;
886,819
19,436 1,464 ,2C8
Fancy goods
87,308
802
769
87,53'
i^lnseed
140
Wines
3U
Watches..
50S
Chanipag'e.bks.
1,361
15,961
Bristles
Hides, dressed.
India rubber
1,601
33,130
10,356
5.603
14.238
6,661
121,781
105
61,202
5,S56Wool, bales
1.93l|Arti. ICB reported
3. ,774
47!
IIM
2,059
&
Tobacco
Waste
Wines, &<:.—
6,5611
3.4801
510
33.670
1,026
71,164
58,413
3,0 {
Flax
Furs
2",655Tea
25
It
sal
21,591
8,4il
2.09S
51
Boda, ash
19,475
88.118;
.8^
lbs..
bags
27,732
3,53(J
Uadder
Hides,
Tin slabs,
-
17,036
51
Oils, essential..
Oli, Olive
.'iplum
Soda, bl-carb...
cloth..
.
101
A-rablc...
IndlffO
Hemp,
Steel
Tin, boxes
jSiigur,
Gum,
Gunny
BpcUer, lbs
H,OoS Rags
-
1ST2.
51,127
8UO,337!SuKar. lihds., tcs.
7,i31
37 >
5.893
5.252
4.811
4.1'2t
781,791
812,239
6,08'
215,016
419,15!
111,267 e,783,S60 6,163,463
2,68."
169,276
163.813
37,936
75'.,4S6
763,291
193,906 5.333,651 I.Oo4,X'9
10;,754
2,660
104 ,5M
From the foregoinij statemeDt it will be seen that, compared
with the corresponding week of last season, there is an increase in
the exports this week of 6,832 bales, while the stocks to-night are
5,536 bales more than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
We
all the ports from Sept. 1 to Sept. 13, the latest mail dates.
do not include our telegrams to-night, as we cannot^insure the
accuracy or obtain the detail necessary by telegraph.
BXPOBTKD 8IN0I 8IPT.1 TO— CoastHKOBIPTB
SINOK 8EPT.1.
wise Stoclf.
P0KT8.
Great
61
Iron, Kit bars..
Lead, pigs
93,1>13
time
164
Hardware
12,074
16,988
399,186
32,235
8,663
4,939
10,75! 1,061,31.'
Gambler
Soda
when not othorwiee spcclfledQ
Same
Ulads and
ClilDA.
.
18 3-16
18X
18 5-16
16,«J0 total
19
19 1-16
510 old
form
contract
1.000
SOO old
;9X
iva
form
contract. 19
Ill
3-16
3-16
o'd form
contract
19>i
400
19)i
100 old form
contract..l9 6-16
600.. do
TOO. .do
19H
19)4
Novem.
For December.
600
800
600
100
a.SOO
700
100
185(
1S«
1815-U
ISK
18 5-16
18X
18 7-16
13k
18 9-16
IS 19-32
6^00 total Jan.
For February.
mx
600
200
500
100
200
1913-32
19 7-;6
19>^
old furm
contract. 19 9-16
20ii..do
n%
13%
200
19%
18 11-16
18J(
100
1813-16
301
1,700
ISX
1,600
4,100
2,900
1813-16
100
13 31-82
\S%
18 7-16
13M
13 9-16
ISX
1811-16
1,400
1,600
2,300
18K
18:5-16
old form
contract. 19 1116
19 11 16
-old form
contract... .19)i
60O
J9X
bales.
500 old
cts.
form
contract.l9 13-16
800, .do
19jii
100
400
19 15-16
old form
contract. ...20
300
20
6,800 total
Feb.
For March.
100
19 13-:«
1914
tm
400
20
old foi-m
contract
2Cii
200
203-16
3,210 old form
1,000
contract.... 20V
2CX
401'
600 old form
contract... '20 5-16
600
20 5-16
700 old lorm
contract.
...20Jii
90O
20X
old form
contract... .'20X
l.OCO
9,900 total
For
March.
April.
800
300
600
201'
20
516
30X
SM old form
contract.. ..20K
300.. do
100
21
21
2,S00.total April,
;
.
THE CHRONICLE.
September 21, 1872.J
I
The followiug excLangea have been made
paid to exchange
»-'.6c.
"
"
%f.
Siic.
durinfr t^e ^rcek
SO'i October lor 20(> Septcmt^cr.
40O.lAiiuary for 400 Fet>ruiiry.
600 December for 500 April.
Weather Reports by TELEGRAPn. — The
condition of tho
—
;
;
;
;
vestou, 79.
Average Weight of Bales and Total Weioht of Crop
—
1871-72. In the annual report of the New Orleans Prices
Current the total weight of 895,540 bales of cotton cleared at that
port the past year is given at 410,372,730 pounds, and in llie
Price.it Current of Mobile the total weight of 137,977 bales of
Mobile shipments is given at 68,995,893 pounds. From Galveston
and Savannah Custom House returns we learn that 133,730 bales
exported from Galveston weighed 06,070.744 pounds, and 295,036
bales from Savannah weighed 141,143,475 pounds.
Using tliese
figures as the basis, we reach the following results, showing the
average weight of bales shipped during the year at the ports
named
respectively
Weight
Port.
New
133;738
895,540
137,977
295,030
Orleans
Moi;iIe
Savannah
Average wt.
in ponnd8.
Bales.
Texas
of
bale)^.
494
00,070,744
410,272,736
08,995,898
141,142,475
4.58
500
478
In addition to the above, we have from the Memphis Avalanc?ie
a statement showing that the average weight of the shipments
at that point has been 470 pounds, and from other sources we
obtain the estimated average at Charleston at 460 pounds.
Applying the foregoing to the totals given in the crop statement,
and we have the following results
Weight
Total weight
:
fCrop from
New
No. of bales.
957,538
288,013
271,341
450,539
197,956
667,000
Orleans
Mobile
South Carolina
Georgia
Texas
Tennessee, &c
Total receipts at ports
2,732,286
122,065
120,000
Overland direct
Manufactured South
per bale.
458
500
460
478
494
470
471
470
471
in pounils
438,553,404
144,000.000
134.770,860
215,357,643
97,790.384
306,490,000
1,380,907,170
57,370,550
56,530,000
Gunny Bags, Bagging, Etc. The cloth market tlm past we«-k
has been quitt, and the tendency of prices is still downward,
favoring buyers, the supply being in excess of tlie demand. We
quote domestic standard rolls 13c. cash in Boston, 13i(njl3fc. here
for full lots Dealers are getting 14(i(/144c. here. India bales are dull
and neglected Jobbing at 13j@13c. currency cash. Sales of the
week are about 500 rolls here at 131@14c., and 1,000 do. in Boston
13c. cash.
Bags are quiet. There is some inquiry, but buyem
and sellers are apart in their views 14*c. is bid for heavy weights,
and holders ask 15c. We quote light weights 14c. Jute butts
rule quiet the feeling may be a trifle firmer, but by some parties
The recent sales nre 350 balex
this is considered only temporary.
at 2ic., CO days, and 1,000 bales at 3 3 HJc. cash.
We quote 2 3-10
@2ic. cash and time.
—
—
;
I
:
;
Visible Supply of Cotton Madr dp by Cable and TelbGRAPH. By cable we have lo night the stocks at the difTerent
European ports, the India cotton afloat for all of Europe, and th«
American afloat for each port as given below. Frotr figures thus
received, we have prepared the following table, showing the
—
quantity of cotton iu sight at this date (Sept. 30) of each of ths
two past seasons:
1873.
1871.
bales. 799,000
Stock in Liverpool
467,00«
Stock in London
338,000
9C,.501
Stock in Havre
262,000
09,390
Stock in Marseilles
17,250
19,876
Stock in Bremen
39,000
40,720
Stock in Amsterdam
85,000
45,000
Stock at Antwerp
44.000
19.000
Stock at Barcelona
57,000
65,000
Afloat for Great Britain (American)
4,000
58,000
Afloat for Havre (American and Brazil)..
100
17,512
Afloat for Bremen (American)
none
1,440
Afloat for Amsterdam (American)
none
1,300
Total Indian cotton afloat for Europe
219,000
600,400
Stock in United States ports
93,920
88,384
Stock in inland towns
12,155
13,304
Total
1,860,435
2,974,351
471
1,601,827
These figures indicate an increase in the cotton in sight to-night
of 358,598 bales compared with the same date of 1871.
Movements of Cotton at the Intehior Ports. — Below we
give the
movements
of cotton at the interior ports
shipments for the week, and stock to-night and
ing week of 1871
for
— receipts
and
the correspond-
:
,-Week ending
Augusta
Columbus
Macon
Montgoiaery
1872^ ^Weekending Sept. 22. 'i:-.
Receipts. Shipments. Stock.
1,353
1,265
8,18(J
1,105
473
304
1,591
1,261
407
228
1,970
2,584
1,083
446
2,263
1,309
1,050
714
1,078
3,077
1,756
1,066
2,048
226
191
277
178
Sept. 20,
Receipts. Shipments. Stock.
4.4.53
4,000
3, .593
.
130
1,629
1,871
3,852
1,704
.
Selma
Memphis
1,573
3,507
1,241
3 640
471
1,.536
16.625
11,565
Nashville
Total crop
891
From the foregoing It would appear that compared with laat
fear there is a decreateMn year in the week's shipmentH toGreat
Britain of 3,000 balea, and that the total movement since Jan. 1
now shows a (fe(;r<a«e in shipments of 141,000 bales over the corrssoondiog period of 1871.
:
weather the past week appears to have been generally favorablii
for crop purposes.
Picking is progressing satisfactorily, and
whatever the total product may prove to be it is at present being
secured rapidly and in good condition. At Galveston it has been
warm and dry through the week, and our telegram adds that the
ingathering of the crop is proceeding finely. Our dispatches from
New Orleans, Mobile, Selma and Montgomery are all of them to
about the same effect no rain all the week and picking progressing very satisfactorily. At Macon it has rained on one day, but
the rest of the week has been pleasant.
It has also rained onn
day at Columbus, and the same at Augusta nights liavo been
cold, days warm.
At Savannah it has been cold and dry all the
week, and the same is reported by our correspondent to have been
the case at Memphis, with good progress making in picking.
The thermometer at Memphis has averaged C8 at Savannah, 78
Macon, 80 Columbus, 70 ; Montgomery, 83 Selma, 84, and Oal-
OP
.
459
1,400,857,730
In the above we see that the average weight of the bale this
year is 471 pounds, and that the total crop weighed 1,400,857.730
pounds. Calling the average price for the crop 30c. per pound, its
value would aggregate $380,171,524.
— We
The Secretaryship of the Cotton Exchange.
regret
to learn that Mr. B. F. Voorhees has felt called upon, on account
of his he<lth, to tender his resignation of the Secretaryship of the
New York Cotton Exchange, a position which he has so well and
80 acceptably filled since Its organization. It is satisfactory to
know, however, that he is to have a worthy successor, Mr. E. R.
Powers, who is well known in commercial circles from his long
connection with the Journal of Commerce, and who will, we have
no doubt, execute his new duties very creditably to himself and
to the Exchange.
EaroRT OP the AoRicniTtniAi. Department.— The September report of
the Btatietician of the Department of Agriculture indicates a decline in tlie
cotton crop prospect during the past mont'i in consenuence of the cotton
caterpillar iu portions of Georgia, Florida, Alabama, Mississippi and Louisiana and of drouth of moderate severity in Texas, Arkansas and Tennessee. The
condition of the crop as shown by the average of returns received is as follows: Virginia, 97 North Carolina. 101; South Carolina, 95; Oeorgia. 96;
Florida, »-i; Alabama, 88 Mississippi, 90; Louisiana, 86; Texas, 94; Arkansas, 78; Tennessee, 92. Thus the prospect throughout the entire cotton area,
which favored a yield five per cent larger than an average product, promises
at the present time about ten per cent less than an avera.:c. The increase of
acreage over last year, and the unfavorable cliaracter of the season of 1871 still
point to a material increase in the total crop of 1872, while the possible extension of insect ravages or the early occurrence of frost may modify the present
expectation.
6,313
4,300
12,304
The above totals show that the interior stocks have increased during the week 4,000 bales, and are to-night 149 bales less than
at the same period last year. The receipts have been 10,312 bales
more than the same week last Tear.
The exports of cotton this week from New York show an in
crease since last week, the total reaching 6,032 bales, against
5,354 bales last week. Below we give our table showing the
exports of cotton from New York, and their direction for each of
the last four weeks ; also the total exports and direction since
September 1, 1872 and in the last column the total for the same
period of the previous year
;
:
Exports ot Cotton (bales) from
New Tork since Sept. 1
WXEE BNDtWS
1?«4,907
;
;
12,155
Aug.
Sept.
ToUl
Sept.
to
date.
,
1 8 79t
Same
lime
prev.
year.
31
11.
18.
l.,330
5,276
6,632
11,908
14,932
1,330
5,276
6,682
11,906
14,232
Other British Ports
Total to «t. Britain
4,907
7S
78
78
78
,
—
Bombay Shipscents. According to our cable dispatch received
to-day, there have been 2,000 bales shipped from Bombay to Great
Britain the past week and 1,000 bales to the continent, while the
receipts at Bombay, during the same time have been 3,000
bales.
The movement since the first of January is as follows.
These are the figures of W. Nicol & Co., of Bombay, and are for
the week ending Thursday, Sept. 19
:
^-Shipments this week to-.
Great
CodBrlUln. tlnent.
ToUI.
1872...
.
1871..
.
2,000
4,000
1,000
....
3,000
4,0C0
^-Shipments since Jan. 1 to^ Week's
Total. receipts.
Great
ConBritain.
Other French ports
Bremen and Hanover
....
Hamburg
....
Total to N. Europe.
....
8pain,Oporto& Gihraltar&c
....
....
AUothers
Total Spain, &c
..
Qrand Total
4,907
1,330
....
....
5.364
6,632
1I.9EB
14.232
tlnent.
866.000
654,000 212,000
699,000 308,000 1,007,000
3.000
3,000
The following are the receipts of cotton at New York, Boston
Philadelphia and Baltimore for the laat week, and since Sept.l,lS73
:
:
.
1
:
1
:
,
.
THE CHRONICLE.
mi
mw TOBK.
This
week. (Sept.
I
~
OrleaDB..
Texas
Savannah
This Since
week. Sept.l.
Sinue
1.
4,060;
2,180
5,704
l,808l
•2,571
This
This Since
week. Septl.
Since
week,;Sept.l.
.
1
....
....
9
359
'285
•786
for the
N'tb Carolina.
78
Virginia
10,83:Ji
l,3!3j
1,824,
'aoi
1,015|
695
8,686
761
034
107
....
••16
850;
•"i
"58
88
843
73
28
276
73
33
1,361
206.
Total this year
13,858
27,480l
996!
4,076
344
92t|
422
653
Total last^year.
7,391
15,4941
83bl
1,953
1,090
l,31ol
831
1,224
Foreign
the past week, as per latest mail returns, have reached 7,740
So lar as the Southern ports are concerned, these are the
bales.
sameexnorts reported by telegraph, and published in The CHRONICLE last Friday, except Galveston, and the figures for that port
are the exports for two weeks back. 'With regard to New York,
we include the manifests of all vessels cleared up to Wednesday
uieht of this week
Total bales.
York— To Liverpool, per steamers City of Bristol, 309. ...City of
London, 444. ...Adriatic, 1,240.... Egypt, 1,815.... Abyssinia, 895
Nbw
4.B90
Egyptian
Smyrna & Greek „ -an
West Indian, &ci'''^'*'
i
Bast Indian
6,630
730
450
22,900
6,160
Total
Shipping News. —The exports of cotton from the United States
Nbw
,
American, .bales. 28,310
Brazilian
3,948 (
808)
Nonh'rn Ports
Tennessee, &c
'.
BALES, ETC., OF ALL DESCRIPTIONS.
Sales this week.
Total
Same
Ex- Speculathis
period
Trade. port
tion. Total.
year.
1871.
1
Florida
S'th Carolina.
Bvening last
,
....
Mobile
(Septemter 21, 187^
The following statement shows the sales and imports of coltoL
week and year, and also the stocks on hand on Thursday
BALTmOBB.
PaiLADHIf'lA
BOSTON.
bbob'ts fbom-
New
;
-
8,010
78,250
14,370
1872.
39,530 1,274,150 1,861,040 27,7.30
567,800 374,560 12,860
216,090 174,530
5,730
14,180
5,420 1
1,630
70,510
K0,760f
311,330
862,740 612,920 11,4S0
1871.
41,940
6,260
4,720
58,830
62,740
410 84,040
630
6,790
450
,_„(
^'"1 4,540
590
17,100
Average
weekly sales,
6,220
13.080 105,680 3,004,970 3,109,230
-Imports.
To this To
-Stocks.-
Same
this
Total.
This
date
1871.
»,a33,984
500,468
day.
East Indian...
1872.
1871.
7.669 1,100,590 1,862,015
582,861
337,580
6,018
17,787
169,237
1,255
1*9
16,481
2,620
2,456
99,156
70,7%
19,260
675,:J74
465,181
Total.
36,841 2,651,949 2,907,429
This
date
date
week.
American
arazilian
Egyptian
Smyrna & Gr'k
W.Indian....
1,740
8,980
11:^,640
48,0.30
895,358
380,920
1871.
831,100
102,060
81,940
1,800
27,980
188,550
4,014,786
839,310
521,430
861,880
6,458
196,870
159,360
45,640
8,890
Dec. 31,
1871.
168,80a
64.030
49,750
1
11,550
(
272,770
566,900
—
London, Sept. 7. The cotton trade closed with firmness, and
with an upward tendency in prices. The following are the particulars of imports, deliveries and stocks
:
1870.
bales.
....Cuba, 393. ...Idaho, 1,636
Okleans— To Liverpool, per steamer St. Louis, 1,108
6,632
1, !08
Imports, Jan.
Total
7,740
Deliveries
Stocks, Sept 4
1
to Sept.
98,681
188,285
32,840
4.
1871.
bales.
1(8,S1S
158,013
105,123
1872.
bales.
880,187
848,309
232,262
The particulars of these shiiiments, arranged in oar usual tons
are as follows:
Liverpool.
Now York
NewOrleans
Total
Below we give
6,632
1,108
7,740
7,740
news, received during the week, of disaster^
to vessels carrying cotton from the United States
K. Sherman, 765 tons, of Boston, Deshon, from New Orleans, June 17, with
all
2,316 bales cotton for Narva, was driven ashore
prior to Sept. 16. Part of the cargo saved.
on the coast of
Estlionis,
—
(JOLD, BxcnANaa and
past week between 113
Kreights. Oold has fluctuated the
and 115J, and the close was 114J.
Foreign Exchange market is dull and irregular today. The
following were tlie last quotations London bankers', long, 108@
108i; short, 109i@109i, and Commercial, 107i@107f. Freights
closed at id. by steam and 5-18d. by sail to Liverpool, Ic. gold by
steam and Jc. by sail to Havre, and id. by steam to Hamburg.
:
Bt Telegraph from livkbpool.
—
LiTBRPOOL, Sept. 20.— 4:30 P. M.— The market opened quiet and steady and
closed easier to-day with sales footing up 10,000 bales, including 3,000 bales
The sales of the week have been 68,000
for export and speculation.
bales, of which 17,000 bales were taken for export and 4,000 bales on speculaThe stock in port is 799,000 bales, of which 157,000 bales are Amerition.
can. The stock of cotton at sea,
4,000 bales are American.
bound
to this port is 195,000 bales of
Aug. 30
Total sales
Sales for export
Sales on speculation
Total stock
7ii,000
9,000
4,000
891,000
220,000
212,000
8,000
Stock of American
Total alloat
American
Sept. 6.
105,000
14,000
13,000
839,000
196,000
309,000
8,000
afloat
Sept. 13.
62,000
16,000
6,000
815,000
180,000
207,000
5,000
which
Sept. SO.
68,000
17,000
4,000
799,000
157,000
195,000
4,000
show the daily closing prices of cotton for the week:
Mon.
Tues.
Thurs.
Pri.
Wed.
PriceMid.Upl'ds. 9%®.... 9Ji@ 9% 9X@97< OJia....
9X@.... 9>^®..-.
Orleaus.lO>i;@....10 ®10>i 10®10X 10 &.... 9K@10
9%®....
Trade Report.—The market for yarns and fabrics at .Manchester is dull but
The following table
will
Sat.
not (juotably lower.
Edropean Cotton Markets.
—In
reference to these markets
our correspondent in London, writing under the date of Sept.
7,
states
Liverpool,
Sept.
«[ualitiea of cotton,
7.
— The following are the prices of
compared with those of
,— Fair
^Ord.& Mid-,
Bea Island
Florida
16
8H
9X
Mobile....
844'
N.O&Tex
S}4
9.^
9>f
27
25
Mid.
G.Ord. L.Mid.
Ord.
Dpland...
&
g'd fair—,
21
19
,-Good & r-Same date 1871Fine.^ Mid. Fair. Good.
22
18
46
34
29
23
G.Mid. Mid. F. Mid. G.Mid.
10
10 3-16
10 5-16
10>i
\0y,
11
11
9)i
9 9-16
lOX
lOX
11
12X
9X
9,'i
middling
last year:
33
27
42
28
9'A
M.F.
lOX
9%
10>i
lOX
10
The following
this date
and
are the prices of middling qualities of cotton at
at the corresponding periods in tlie three previous
years
1869.
d.
UiaUnd
Sea Island. 24
Upland.... l:ij<
Mobile
13?i
1870.
d.
Orleans.. ..13)^
Since the
1871.
d.
15
22
9K
9H
9>i
9 9-18
9Ji
9%
1872,
. .
,
Dhollerah....
1889. 1870.
d.
d.
\3%
lOX
9K
9«
1871.
d.
1872.
d.
9X
9
8>^
6ii
6
5ji
&'A
6
W
5;i
transactions on specula-
have been
^Taken on
Brazilian
Kgyj>tlan,
W. Indian.,
E. Indian.,
lOX
Midland
Pernambnco.
EayptUn....
Broach
commencement ol the year the
tion and for export
Americas...
1872.
d.
21
10 3-16
10 5-18
»— Aetna! exp. from
Actual
other exp'tfrom
Liv., Hull
outports to dateU.K. in
&
spec, to this date1871,
1871.
70,:«0
1870,
bales.
152,300
11,980
5,290
1,110
81.398
1872,
bales.
78,743
88.620
6,160
6,172
178.740
bales.
279,047
43,292
9,256
5,400
212,266
bales.
302.180
60,330
12,620
15,710
519,490
807,050
861,980
898,435
549,261
910.330
bales.
193,440
83,810
33,280
4,010
820,810
bales.
308.840
96,340
23,630
535.150
8, .530
1871,
BRE ADSTUFPS
Total.
6,632
1,108
Feidat
p. M.. Sept. SO, 1872.
We
have had a somewhat unsettled market for breadstuffs
during the past week, and yet the fluctuations in prices have been
comparatively trifling.
Flour has shown no considerable increase in the supplies
receipts have continued on a scale scarcely equal to the wants of
the market, and local millers have consequently been well
employed. Early in the week there was a large export demand,
upon which superfine and common extra
State
and Western
brands advanced fully 25c. per bbl., while the advance in the
finer qualities of wheat caused an advance in the corresponding
grades of flour. On Wednesday, however, the flurry in financial
circles, and the consequent disturbance of the market for exchange, together with the scarcity of and high price asked for
flour, checked the export demand, and caused some weakness in
the low grades. The home demand continued good, however, and
the general market, though less active, was without quotable
decline from the advance paid early in the week. To-day receipts
were large, and shipping grades were depressed, a line, of extra
State selling at $7 40, being a decline of lOc After 'Change
there was a sale of 7,000 bbls. extra State for October delivery at
$7 50, showing a strong market.
Wheat has been variable new spring wheat has declined 3@
3c, while winter wheats have advanced 3@5c, having become
very scarce. The receipts of wheat at the Western markets have
been much below the corresponding period last year, and the
eastward movement is comparatively small. Yet the new spring
wheat, not being in much favor with shippers unless of the finer
grades, and shipments being embarrassed by high ocean freights
and unsettled exchanges, has slightly declined. A considerable
portion of the supply is classed as " rejected " and "No. 3," grades
to which our market has for some years been a stranger. Late
transactions embrace No. 3 at $1 47@1 48; No. 2 Chicago,
" Northwest " and Milwaukee at |1 55@1 60, and amber Toledo
winter at $1 70@1 731. To-day the market was dull and weak.
No. 3 Chicago and Northwest sold at $1 65@1 60, and common
;
prime red winter at $1 63.i@l 70.
Corn has been active and at rather better prices. Receipts continue large, and although the stock in store shows some increase,
ofleringa on sale have been free, but the shipping demand has
been very great, and sellers have gained a slight advantage. In
the past day or two there have been sales of several hundred
thousand bushels prime mixed, for future delivery, afloat, at 66c.
for October, and 67c. for November, taken by shippers. To-day
there was an advance of fully Ic, with a large business at 6oc@
65ic. for prime mixed, in store and afloat.
Rye, barley and peas have remained inactive and nominal.
Oats have been active, while receipts have been comparatively
small, both here and at the West prices have advanced about
3c. per bushel, but with a large stock in store, the close is less
buoyant. To-day, the market was very strong, good to choic
new mixed sold at 44@46c., with 47c. bid for prime old do. in store
to
;
^
Total
The following
are closing quotations
:
:
!
(THE CHRONICLE.
Saptembsr 21, 1872.1
Ubaim.
SnpcrflneSUteand West-
«
cm
bbl.
*c
ISttt* Stale,
Wheat--No.2sprlng,bUBh.(l 64®
No. I spring
., ,1 fiOft
|
Jfi
7
aoa
ao®
Western Spring Who»t
fi
70
T
(iO
,
j
1
.
flour
4
00®
S
.
1
M
1
li*
. .
Western
brands
8 50^10 50
Southern bakers' and farally brands
9 60®) 160
Southern shipp'g extras.
7 79® R 7.t
1
1 6i>i& 1 70
Kud W>BtcVn
Auiber do
1 75® 1 80
While
1 75® 800
Corn-Western mixed ....
63® WX
tie®
White Western
S8
(Hi
Yellow Western
65;^®
Southern, white
80
78®
H5®
Kye— State and Canada
^
V 1s
7 50®
extras
« «»a » 75
do double extras
do winter wbcat extras
7 7»® 1 50
and doiblc extras
7 400 7(15
Oityehippln); extras. ..
City trade and family
Rye
7r
oats— Black
41
Chlf a>,'0 mlxsd
I
4i
White Ohio and
45 Barley— State
80
Canada Weel
00 Peas— Canada ...
State...
4'
tl
;
Corn meal— Western, Ac. 3 85® S
1 t»® t
Coxa meal— Br'wine, &c. 3 8S@ 4
1 00® 1 30
The movement in breadgtuffa at this market UU been as foUowF
,.
utcmrrs at nbw yokk.
^E-'tPonts j-rom nBw t6rk.
|
!
.
—
Plonr, bbls.
"
D. meal,
67 031
l.i«.-1,58
(i,IH5,a81
...,
.
375,013
!,721,85'J
262,B78
9.37B,5B3
For
Since
Jan. 1,
,,
til'
weBk.
Jan.
1,
8,:iT<l.l:tO
1,251 ,.196
110, 2-14
90.666
14,0««,:89
8.022,St7
295,1(»
l;i,.;6ii,t>t(l
2!»,3ri,yb3
27,!I7«
1871.
;^1872.
.
28 136
7a^6»l
23,1«9
1,753
4,<T«
l.J6,*i«
576,458 7,118,30!! 756,709
19,;)t.'i,ni 873,744
18,812,040 100,708
2«2,n5
04,220
8,290
070,008
79«,I03
22,659
....
6,4i!l,9!lfi
27,424
«00
l,79i,0ti4
4,2.'«1
Wheat, has 55«,4<19
" .1,'«0,(.')"J
Corn,
"
Rye,
2,024
Barley, &c
Same
>
Since time Jan. For the
Jan. 1.
week.
1, !»71.
week.
Oats.
.
—
-1874.
For the
SI 896
19.0 r*
The Chronicle by
Mr. E
H. Walker, of the New Vork Produce Exchange, show the Grain
in sight and the movemeat of BreadstuQ's to the latest mail
dates
HSCBIFT8 AT 1.KRK AND RlVEft POnTS FOR THE WEEK ENDIHt]
The following
tables, prepared for
:
AND FRUM
SEPT. 14,
.ttJLY
Flour.
Wheat
bble.
bush,
(19«lh».> (Rnii»B)
Chicago
Mllwaakise
Toledo
a571«
13,00»
!«.085
15,623
3.500*
Detroit
Cleveland
St. Louis
baloth
88,«3'J
347,708
611.445
15B.IJ6
162,928
47,900
256,073
TO
1
i5EI^.
l4.
Ooro.
bush.
Oats.
bnsh.
1,492,105
318,97032,442
172,670
11,844
22.860
79,2:»
Barley.
Rye.
bos).
bush.
(5«lhs.Haaib".)(4Rlbs.> (5«lhs.)
---
:-<2.4li0
.306.016
12,578
3,600
80,421
-----
40.720
9,186
2.000
842
2.34.070
104,980
1,820
2,551
800
17,077
5.594
No report
niLmi
Total
Previous week.
Ocrresp'Bg woeks'TJ"
TO.
131,103
133,251
2.2.58,254
1,002.8.39
69.
12.3,051
1,813,462
1,3,')9,854
'68.
'67.
178,5!!
171,667
558,006
L972,49«
680,125
880,224
14.316,702
9,779,092
4.210,778
8,160,614
.
"
1,582,180
95,r,93
1,927,180
3,126,114
1,063.251
1,5.53,.371
432,239
l>.3;i,2H
Total July 1 to date..
9.209.436
Same time 18TI
9it7,13'j' 12,097,860
-Same time 1870
»h,:«!»
9,-379,713
Same time 16«»
693,587 10,600,694
6.17,9^1
725.1)19
1,142,9.30
421,1)87
544,225
831,314
720„M1
301,898
289,691
482,708
4.9,747
100,311
176,994
38i.968
4,011,.348
998,3.53
1,1:61.714
5,6.34,865 1,6.36,8.V)
3,144,776
29S(5<)3
',8:16.6.37
r.8,.341
."13.813
163,426
4.5.910
77,799
99,137
101,396
277,796
908,411
547,267
Shipments of Flour and Grain from Chicago, Milwaukee
Toledo, Detroit, St. Louis and Cleveland lor the week endii'c
Sept. 14, and from Jan. 1 to 5^Bpt. 14
Corn,
FloAr, Wheat,
Oats,
Barley,
Rye,
:
111,018
90,392
110,490
104.527
Corresp'ng week 1871
Cortestt^g
week
hush.
1870.
bnsh.
1,488,671
1,684,:M9
2,664.4.32
1,976,658
busi».
731,830
347.828
l,.374.3:i3
949,896
607,569
648,8>i2
281.606
10*,2T«
270,470
47«.6.5t>
307,7.50
bbls.
.Sept. 14, 1672. ..-.-..
Sept. 7, ISW.-.
797,9,55
hush.
bush.
Corresp'g week 1869
.54.131
821,881
9.W.66S
402,143
8,614
Total
,Tan.
1 to date-2. i2.'',ni5 14,7SI,538 61,459,603 13,239,664 1,509,488
,Same time 1871
2,929,^58 24,236,4(a 39,184,924 10,1152,8.38 l.:!87.a36
Same time 1870
2.f»l,62! 24,28^,283 15,777,781 7.912,480 1,400,694
Sametimel869
.3,167,398 24,933,406 17,910,056
6,411,782
224,103
28,748
lS,847
84,405
35.292
15,305
796,992
927,170
1,1-53,090
616,487
RBCEIPT8 OF FtOtm
AND ORAIN AT SEABOARD PORTS FOR THE
WEEK £NDINa SEPT. 14, AND FROM JAN. 1 TO SEPT. 14.
At
New York
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans
Total
Flour,
Wheat,
bbls.
66,368
bush.
Barley,
bush.
4,.500
51,580
12,636
2,800
70',-'i6fl
12,000
28,610
131,628
11,697
14,199
17,751
17.5,212
195,700
60,270
182.869
lOO.BOO
36,975
72
4:1,605
«2,!J00
8-'.,000
79,252
32,066
Rye,
bush-
2,000
486.147
e04,.548
2,448,173
1,917,072
1,683,953
.55:i.6.57
18,700
10,800
3,300
65:1,848
8,:)00
2,000
13,250
2,310
5,08o
12.3,.551
.391,162
647,074
4,900
107,649
542,411
1..5:30,088
470,:)07
11,.VI0
to date... ,5,0!2,S18 10,21.3,141 5.3,696,856 15,866,8771,364,2.52
time 1871. ..5,980.7712.3,897,103.30,768,141 12,268,073 453,386
45 410
504,368
1180,644
768,6.39
.583,387
643,571
1
Visible Sdpply of Grain, including stocks in store at
the principal points of accumulation at lake and seaboard ports,
in transit on the lakes, by rail and on New York canals, Sept. I4'
1873
Wheat.
Com.
Oats.
Barley
„ _
In store at New York
bnsh.
hnsh.
bnsh.
bush
In store at Albany
In store at Buffalo
In store at Chicago
24,000
126,621
516,261
.
.
In store
.
65,5.38
atMilwankoc
391,:153
In store at Duluth
In store at Toledo, Sept. 9
In store at Detroit
In store at Oswego
In store at St. Louis
In store at Boston
In store at Toronto, Sept. a
In store at Montreal
In store at i'nilodelphla
In store at Baltimore
Rail shipments for week
Lake shipments
Amount on New York canals
„ Total
Total in store »nd In transit Sept.
"
"
"
"
"
"
"
"
"
30.000
355,493
105,001
75,000
198,103
1,147
.3,825
39.100
65,000
40,000
2,51,197
1,287,474
976,830
3,117,671
112,900
520,TO9
4,118.905
352,502
519,133
16.565
40,000
287,008
441,108
2,000
384,6:16
145,00<)
878,123
458,815
8,105,617
2,218,851
2,6.36,201
82",321
297,819
196,229
252,565
7,283
20,000
I13,.556
121,990
7,I.^3
43,676
Ki.OOO
On,000
483,494
248,.336
58,262
4,562,6a3 15,119,793
6,28.3,696
5,026,852
5.066,153
6,082,407
5,077. :)25
5.157.101
4,034,071
5,625
5 ;ij9
85,000
19,742
14,893
15.619
8,551
10,000
97,772
186,834
9,190
828,669
61.3,;i5
417,184
336,183
340,371
283,705
1,077,585
Sept. 20. 1871.
is
meet
their running requirements, but the feeling is naturally
one of little confidence in the stability of the market, ani there Is
no disposition to purchase to uny speculative extont. There i«
probably nd l-eason to doubt the soundness Of th« trade generally;
as the failures that have occurred thus far are directly tt-aceablH
to other causes than losses thst wbwld be likely to affect the
stronger houSes, and dnlcss unexpected weakness be shown by
some
61 the heavier firms, there seems to be
ing any yeiy serious financial trouble.
little
reason for fear-
TKA.
During the early part of Ihe week there was a liberal call for lines of teas
from (•onadianbuycrK, who arc supplying themselves now to avoid the
dnty
of 10 per cent, which the Canadian Government has imposed upon
teas Import«d from the United States, and which goes Into effec*. on the 1st phoklhio:
This demand, in connection With a fairly liberal call from home tetallerii,
hal
resulted In an active dlstrlbiitloh of teds from Secohd Hands, wlili sdihe
!morovemenl in the demand for Invoices. This itiaikel, like some of the others.
is unsettled By the fldanclal dlstttrbauces, but
trade Is improving In the
intcriolf, and with the light stock supposed to be held by retailers
and jobbers
outside of New York, the outlook Is rather more e uconraging for holders
hero
who
are pretty well supplied, in
very
little protlt.
some instances with teas that will net tbem
auction sale of 2,300 half chests on Thursday sold at
prices very satisfactory to the owners, the range of prices being 27>ic®tl 23
for Greens, 36@5;lc fir Japans, 31@54c for Oolongs. 42@45c for SonchongC.
The
An
up 1,500 half chests Greens, 4,700 hAlT cBesta dew
do Japans, all private tcrins.
There have been no direct iniports at New York the past week. The receipts Indirectly have been 1,1)93 pkgs by steamer and .5.321 by rail overland.
The following taole snows the imports of Tea Into the United SUiia
from January 1 to date, In 1872 and ItiTl
sales of invoices foot
Oolongs,
7,'600
Ulsck.
Atlantic ports, 18TJ... lbs.
Atlantic ports, 1871
Green.
13,874,W6
13821,355
Total,
.T«nao.
«7,e89
83«) 4J8
«,442,l«i
:3,7i5,3r8
»,2»3,«3
3t.JIW>.45l
11
The Indirect Importations, Including receipts by Pacific Mail steomersvi*
Aspinwall. have been 151,407 pkgs. since January 1. against 64,714 lost year.
Imports at San Francisco from Jan. 1 to Sept. 1 have been 835,039 lbs.
China and 1,264,203 ibe. JapAn.
COFFEE.
The favorable outlook for all grades of coffee, more especially for Rio
descriptions, has made the tone of the market very strong, and has helped tlic
jobbing trade somewhat in the face of flnanciiil troubles that would otherwise
have had a more depressing effect upon trade. Sales from first bands have
been restricted in conscqnertte of the illiberal offerings of desirable grades,
and with the arrival of the steamer from Rio, now over due, a better trade la
looked
for, as her cargo is made up, to a great extent, of the better grades.
are without late advices from Rio, but the favorable tenor of the last telegram will, it is expected, be maintained, and the statistical position of the
We
markets here and in Europe is strongly in favor of a firm market throughout
the year, unless the Rio production is greatly In excess of what Is now cstU
mated. The supply of East and West India grades Is liberal, but prices tf'6
steady, with no important change beyond the shortening of the outside qubtation on Maracaibo'e. Java's are steady at the previous nknge. and Mocha la
strong with no important sales. The ll-ansactions from first hands since onr
last have been 560 bags Slo, ci -'North Ameiica," 4,445 bags, ex "J. A
Stainler," 2,686 bags Maracalbo, ex sundry vessels, forconsumpUou, on private
terms, and at Baltimore 3,100 bags Rio, ex " Lapwlg," at 17,'ic.
Imports at this port for the past week have included 3.300 bags Rio, per
"Union;" 1,260 do. Maraciibo, per "Storm King;" '200 do. St. Domingo, per
" Louisa Price," and 1,538 do. sundrie'.
The stock of Rio Sept. 19, and the imports since Jan. 1, 1878. are as follows
New
8»medatol871
l:iiport8
"
Phlla-
Bmltl-
New
York, delphls. more. Orleans.
In 1971
71109
...
46,580
395.2:a
4&;,971
4012
1:28.713
li.805
109.7:6
....
H.187
16,821
3,961
...
75-512
123,552
Mobile,
*e.
25,311
4.:72
4C.217
48,71«
Ual-
vesvm. Total.
2,1)0
:«.•<»
S,OIIO
70.573
75I.959
8,212
14J300
1.093.7M
Ofother sorts the stock at New York. Sept. 19, and the imports at the scvoial
ports since January 1 , 1878, were «i follows
.-Now York^
In bags.
Java and Singapore
Ceylon
Maracalbo
Laetlayra
stockt6as7
Total
time, 1871
Same
' Inclndes
gg
•19,590
12,133
4.150
9,416
392
S.747
4,392
CS
o*
S
si.nsi
25,610
P09.767
213,629
.<a,15«
S3SS5
8.747
4.ao
sa.tn
57,990
20,560
Wll
7,tTi
S8I,W2
Bt.Domlngo
Other
Import. Imnort. Import. Import. Import,
•11?,132
13.743
118,931
S-l.lM
4S.179
92,028
7,601
210:12
6,623
Bs
-2
....
....
31,193
mats, *c.. reduced to bags.
t Also,
1W4W
mat*.
SUGAR.
73 000
100,40!)
market
having a depressing effect upon trade, and the movement is not active except
in a jobbing way. Retailers are purchasing fair amounts to
50,135
746..'>.59
7,'78. 4,154,353 14.566-9^
31, '78 4,167,417 18,956.817
24,'72 .3,619,.571 l:i,117,164
Aug.17,'72. 2,681.891 ia,.579.150
Aug-10,'72. 2,127.921 11.96,3,649
Sept. 1B,'71. 6,513,917 8,156,319
Aug.
Aug.
financial troubles in the grocery
.38,7.5-3
,34,580
The
_
FniDAr EvZHiMO,
The
InBags.
2.139,010
172.845
188,805
146,462
^tlbOBRZES.
Stock
2,-507,509
ending Sept.- 7..
Weekending Aug. .31..
Week ending Aug. 24.,
Weekending Aug. 17-.
W<;ek ending
„ Aug„ 10..
_,
Do. same
Oats,
bush.
831.5fi5
40,0,58
2.1.00
189,0:18
Week
Total Jan.
Corn,
bush.
l,4.57,5.Vl
393
.389.720
•BsMmated.
Weekending—
:
:
The wants
of refiners were pretty well supplied by their earlier purchases,
and during the current week they have shown rather less eagerness to operate.
A fair business has been done in fair to good grades, with some call for lower
ond the position of holders remains much the same as we last noted.
buoyancy to the tone, perhaps, but buyers have been unable to
obtain concessions and holders still refuse to part with their stock except on
a basis of 8;i@9Vc for fair to good, and 9,'ic for prime. The outside fignro
for good is regarded as extreme and is obtained with dIfBculty, bnt a light
supply enables holders to control prices and their nominal asking rate is as
quoted. Prime moves slowly at 9'ic. There ha., been a fair business done in
molasses sugars on a basis of 7X®8Xe, the sales being chiefly between the
extremes. Centrifugals have been in fair request and are selling at fnl
prices, both for hhds and boxes. Havana boxes advanced with the market
for Cuba refining grades early In the week and close strong at the improved
prices. Refined sugars have been in less active reqnest and are a shade easier
on all grades. Hards have declined about >^c and softs are from }i'c to
Kc lower, closing with a barely steady tone. The tales of raw since our last
are 375 boxes clayed at 9c 34 hhds good barely refining Cuba at 9Kc iSJ
qualities,
There
is less
;
;
..
THE CHRONICLE.
394
Martinique
THE DRY aOODS TRADE.
8)tfc ; 1,444 molass cs 8>ic
8S0 centrifugal lOJ^C ; 400 Cuba 7)^®9c;
160 8@9c; 160 molasses 8®8)ic; 838 Porto Rico 9®9,'ic; 111 bxs centrifngsl
Cuba 8?ic, and 14 fair good 87i@9)ic; 20 Porto Rico 9X@95iiC;
1,818 bis centrifugal 10)i@ lO^c;
10c; 10 inferior
Imports St New York, and stock in
Cuba.
bx8-
Imports tbls week .
•
since Jan. 1.
'•
lametlme, '71
.
P. Rico.
•hhdH.
"hlidB.
1,646
....
8»
25.605
3^,U63
M.IM
....
89,2i'9
494,l]67
S4,4M
56,459
527,293
277,601
527
29,270
42,247
».0l4
Fbibat, p. M.. Sept. 20, 187»
trade in dry goods continues to be very active, and
the sales of some of the leading houses foot up heavier than ever
before during a sinular period. The trade comes mainly from the
more remote sections of the interior, hence the larger houses retain the bulk of the business, as the smaller concerns are more
:
245,864
I91,6U9
3i .374
3!0,l'6U
The jobbing
19, were as follows
Other. Brazil. Manlla.Ac.Melado
*hbdB bags.
hbds,
tbagB.
hands, Sept.
first
Cuba.
[September 21, 1872.
engaged with near-by trade which always comes in a
It was expected that the stringency in money miftht
mOLASSKS.
act as a temporary check upon trade, and it has probably had the
There lias been a more active movement in boiling grades of molasses dureffect of curtailing the puschases of jobbers from first hands,
ing the past week, sales having been effected early of one or two cargoes, and
although those buyers have operated freely to the extent of their
considerable amounts having been taken out since ia small sized lots. Re
actual requirements and their aggregate purchases, especially of
liners had previously purchased sparingly and had allowed their stocks to run
dotvn, so that at the beginning of the week they were more liberal buyers, cotton goods, are heavy.
The woolen commission houses are not
Stock in flrst hands.
BametlmelSTl
••
1870
8.1.7T5
6',!.a08
S7.880
61,1-0
79.220
841,686
... 108,405
T2.038
6(X),727
jfenerally
4.007
7,262
923
litfle later.
but their operations have been restricted by the email offerings of refining
grades. The stocks of all grades are well unler control and holders show no
disposition to press sales at prices under the present full quotations. Grocery
grades of molasses are taken out in fall amounts, the trade buying steadily to
meet their running requirements, but not going extensively into speculative
purchases. Domestic molasses continues to be held with much firmness and
Bales of fair amounts are readily eflccted at full prices. Syrups had been In
fair demand and are held with much firmness, with a comparatively light
stock of medium and fine grades. Sugar-house molasses is in fair request,
with supplies light and the market strong at a shade better rates. We hear of
ales of 776 hhds. Barbadoes at 36Xc., 400 hhds. and 50 tierces Trinidad, Cuba,
at 30c., 64 Clenfuegos Muscovado at 30c, 50 hhds. Porto Rico in lots at 35@66c.,
40 bbls. New Orleaus at 78®83c., 20 bbls. at 75c., and 75 hhds. at 80®85c.
The receipts at New York, and stock in first hands. Sept. 19,wereaB follows:
P. Rico,
Cuba,
Demerara,
Other
>.o.
•hhds.
•hhdB.
•hhdB.
•hhdB
bblB.
imports thisweek
7
very busily engaged, but the better qualities of goods are selling
fairly, and prices are held with a good degree of steadiness.
No
failures are reported in dry goods circles, and unless a serious
financial crisis comes upon us, there seems to be no reason for
fearing any unusual trouble in this important branch of trade.
Jobbers are certainly in good condition and their operations thus
show marked caution.
Domestic Cotton Goods. The market for the leading descriptions of cottons has been somewhat unsettled during the week,
owing to the active competition between jobbing houses, which
far
—
of cutting prices and renders quotations based
upon agents' selling rates chiefly nominal. Tne general tone of
the market is strong, however, as stocks are not excessive and the
"
sincejan.l
1,610
70,172
22,367
12,533
26,663
"
active demand is likely to furnish an outlet for all of the offerBametimel871
J,719
75,3:;
31,503
16,535
35.326
Standard ard medium grades of brown cottons bring full
ings.
Stock In first bands
4,697
933
1,320
"
same time -71 2,234
7.428
5,050
9.1X10
"
the lower grades are more irregular, aa
prices and are steady
"
same time ^0 14.569
3,951
3,337
Imports ot Snsar & ntolassea at leadins porta since Jan. !• noted above. In blearhed goods the competition is stronger, and
Theimports of sugar (including Mclado), and of Molasses at the leading ports there is more " cutting " among jobbers on the medium and finer
from January 1, 1872, to date, have been as follows
— counts. Prints are the most active goods on the market, and all
-Sugar.—MoiBsseB.
-Boxes.Hbds.Hhds.-^
Bags.
of the leading makes are sold close to production. Agents are
1872.
1871.
1873.
1871.
tl872.
i«ew York .... S3i',060
583,852
583.296
106,711
121.141
generally asking 12o., with some very choice styles selling at
Boston
25,557
301,866
700.259
48,140
4S,S64
Philadelphia.
2!,015
86,03!i
'7,48«
84,766
7,137
IS^c, while some of the less desirable patterns are placed at Il|c.
Baltimore
43 670
33,060
28,935
20,659
20,790
New Orleans... 45,067
6.U2S
376
There Is a good demand for Canton flannels, with prices
still.
Total
465,369
396,091 515,410
365,6J7 1,323,752
999,419
267,873
266,158
steady and generally unchanged. Colored cottons are in very
• fnrliidlne tl«rn.>B and barrelg reduced to hhds.
limited demand, and quotations are somewhat nominal. Grain
engenders a policy
*'
;
,
,
,
. .
t Includes baskets. &c., reduced.
WHOLESALE PRICES CURRENT.
bags
Byson, Common to
a
49
fair
to fair. . .
Sup. to fine..
43
75
do
do Ex. fineto finest.l 00
37
Imperial. Cora to f»lr....
Sun. to fine
57
do
Extra fine to finest 75
do
do
do
_
®1
®
®
®
do
do
Sooc.
Sup'r
Ex.f.
82
47
70
32
Superior to fine
41
fine to finest
70
Ex
& Cong., Com.
to fair,
Sup'r to fine,
Ex.f. to flnest.
do
do
'.H
92
iair..
to line...
to finest.
Common to tair
Oolong,
Agents are doing a moderate
which good
prices are obtained. The lower grades move slowly and are only
sold freely at a concession. Cloths are steady and sales are
sufficiently liberal to keep the supply well under control.
Domestic shawls have sold with unusual freedom and are held at
very strong prices. Flannels are jobbing freely, but the movement in full packages is not very liberal. Worsted dress fabrics
are still in lively demand, and the fancies up to 30c per yard hold
In no former
their own with imported goods at like prices.
season has so good an assortment been attainable. Prices are
:'5
41
63
business in cassimeres of the better qualities, for
®
®
(81
@
m
®I
@
@
42
57
05
S8
li
06
3)
@1
(5
56
Corree.
BIO Prime
do good
do fair
do ordinary
Java, mats and bags
Java mats, brown
gold.
gold.
gold.
gold.
17V<9nv
16^@t6<^
Domingo
St
14X015
iio\a.\S%miO
Tamalca
I
@aa
gold. 2U
I
gold. 16 ei;K
gold. 15X817M
goid. 17 r,,:s
gold. I3¥riii4
gold. 6
17
Maracalbo
Lagnsyra
1
15V@1'>
com. refining....
do fair to good refining. ..
do prime
do fair to good grocery
do pr. to choice grocery...
do centrltogal,hiids.&bXB.
do Melado
do moiasses
Hav'a, Box.D. B. NoB.7to9...
do lOtoia..
do
do
do IS to 15..
do
do
do 16 to 18..
do
do
do 19to20..
do
do
Cuba,
Native Ceylon
i
Mocha
@28
j?old. 22
Snsar.
7Ya 8^ Havana, Box, white
:1V®12X
Bjja SJi Porto Rico, refining grades...
kh@ 9)1
do
grocery grades
9H&
9J<®I*^J4
9?<e ^>( Brazil, bags
7!K@ 9X
9\®\0
Manila, bags
8 @ 8^
9X@10V White SngarB.A
®11K
do B
4X3 6^1 do
@1IH
do
do
extra
C
7Hd 8V
IIH®...-
Int. to
steady.
i
.
I
Yellow sugars
Crushed
11 eilK
11X91SM
©lov
9
(S12K
Powdered
ai2K
@12K
Granulated
1
molasses.
NewOrleani new
V
Porto Rico
Cuba Muscovado
@87X Cuba Clayed
@60
Cuba centrifugal
gall. 40
30
30
2:X®32X
20 @25
I
@3S
English Islands
I
®45
30
Rice.
Bangoon dressed, gold
ond
in
,9K(3
3x
I
S^& 9^
Carolina
Spices.
Cassia, in cases... gold ^ lb.
do
Cassia, in mats
29
Glnger.Race and Af (gold)
do
Mace
lOH® IIX Pimento, Jamaica...
15 ®1 17
do
In bond
1
Nutmegs casks
cases Penang
do
90
96
®
®
®
Pepper, In bond
do Suma ra
3'>
Cloves
do
92 >i
98
A
(gold)
Singapore
,
In
!2
17
,
bond
IClovestems
(gold)
do
do
do
do
(S
13
(is
'M
12ma
13
7)^^
2-^
®
15
,.
1\
(j«
17
.
do
do
do
®
new
7
Dates
V
.
Almonds,
do
do
do
do
do
a.
Laoguedoc
Tarragona
6
12
9 00
20
Ivlca
Sicily, soft sheU
Shelled, Sicily...
paper shell
Sardines
ardlnes.
Drain Natl, new
¥
V
box.
or, box.
hi.
Filberts, Sicily
•
do
12X®
LooseMuscatels... .2 75
Currants, new
** lb.
6)^®
Citron, Leghorn (new)
il^S
Prunes, ^French
11
Prunes, Turkish, old
Figs, Smyrna.
Canton Ginger, c.ise
05
19
.®
;6^®
26}*;®
3«
22
«
a
9K»
I
I
18
}
;
I
do
ilu
js
10>i
1155®
IIX
lOH
9)i@
do
do
do
do
10
12
sliced
Western
rf
Southern, good
5
prime
alfced.
10
new
12
16
Peaches, pared
I
t
I
I
do
unpared,qrs& hive
I
1
I
I
...
®
«
(«
w
M
®
®
®
.W
16
9K
7
11
1.1
11
Cherries, pitted
19
9
21
10
Hickory Nnts
fibnsh.
Choatnnt^
do
Peanut*', VB,g'd to fncy old
do
do new
do WU.«'dtobwtdo.
...
«
1
50
1
at
...
and
SbirtiuKs.
Width. Price.
36
Arctic B
Atlantic A.
.
N
W,
o
WX
,
Oommonw'lth
«
Continental
C
36
14
DwightX.,. 27 11-11>^
do
Y.... 32 12-14
do
Z.... 36 13-13>i
IIX
IIX Indian Head .4-4
1.3X
do
..48
21
11
13X Ind'n Orchard
40
15
A
ISX
do
0, 3713)^14
13>i
do BB, 3312X13
13)4
do
W, 3011>iia
UJi
36
37
do D,,
37
do H,
37
Appleton
36
30
do
12
36
AnguxtA
10
Bedford K,.. 30
34 18-13>i
Boott
do 8
40
13X
do
4S
A
19
..
:
RroTvn Sbeetlngs
Albion A
I3i«
10
* B.
is
in lively demand this season, embracing merinos, cashmeres, empress cloths, alpacas, lustres, etc., and are firmly held. Ribbons
are again in good request and very large assortments are finding
an outlet through the auction rooms. Silks and silk velvets are
selling in fair qup ntities at about last year's prices. Low-priced
cotton velvets and light makes of velveteens are selling well at
generally firm prices. Woolens continue in the same depressed
state in which they have been for some time, and only small lots
of fine cloths, beavers and cassimeres can be moved. Shawls are
gradually improving in demand, and brcxihe long and square
goods promise to be active later in the season.
annex a few particulars of leading articles of domestic
manufacture, our prices quoted being those of leading Jobbers
Agawam F
10
Blackberries
iPecanNuts
SO
28
12
15
» B.
Apples, State
...
IIVO
DOMKSTIC DRISn FRriTS
6X
® 7X
® 6H
® 13
feS 50
® 21
@ ....
Barcelona
WalnutB* Bordeaux
Macaroni, Italian
I
48
15
a
tlrloan Peanuts
i
@
Sultana, V lb
Valencia,*! J>
do
....
but business
We
.
Fruits and Nnts.
Ralslns.Seeoiess.nw* frail.6 00 @
ayi
1871, » box.2 OO ©2
do Layer,
— The
jobbing sales of imported fabrics are
restricted in first hands by the fluctuations in gold and foreign exchange. Holders are firm, however, and full bids are necessary to effect purchases of any
desirable goods from first hands. Empress cloths are very active,
both at private sale and in the auction rooms. Black goods are
Foreign Goods.
fairly active
I
8Ji® 9X
SXSIO.H
iOJioiQV
—Jobbers of woolens report a fairly
active trade at satisfactory prices.
Uncol. Japan, Cora, to
12
67
92
27
47
&
Gunpowder Com
Hyson Sk. & Tw. C. to fair.
do
do
Sup. to fine.
do
do
Kx.i.toOn'Bt
60
71
84
45
75
Superior to fine
55 &
Ex. flne'to flnest
79 &
Toung HyBon. Com. to fair, 35 @
Super, to fine. 53 »
do
finest
83 @1
Ex. fine to
do
do
do
Drills are steady, with a fair inquiry.
sell freely at full piicej.
Domestic Woolen Goods.
Tea.
LacouiaO.... 3913X14
37
13
do
B..
do S... 36
Lawrence A.. ,36
do
D.. 36
.
XX
no
LL.
d
e^
3«
m
l«>i
12>i
14
14K
1»-UX
Lawrence J
do
Y
Nashua fine O
do 11.
do
E..
do
.
.
.
W
Pepperell.
do
do
do
do
do
.
.
.
...
..
...
...
...
40
15V
36 123^-13
38
iS}i
36
14Vf
40
16
48
21
7-4
a.'iv
8-4
271if
9-4
.10
10-4
11-4
12-4
ITtica
do
do
do fine Non
.
.
36
48
68
40)i
!V\
40V
46
¥
i«iif
19
......
. .
:
.
—A
..
THE
September 21, 1872.]
Brown
HrllU.
I
Width. Price.
Appleton
Hamilton
I
15X
15k
do
blno
j
I
19
..
Lkconla
Massach'ttaO
15>i
13>^
..
Pepperell
15X
15X
liH
8Urk A
Suftolk
PACIPIC MAI.IJ1 PAIIKICS.
Printed Delaines... 20
.Japanese Stripes
20
Chintz Alpacas
20
Poplin Stripe
23>i
Imperial Repps
25
Biarritz Stri|)C8.... 25
Anilines
22
Annures
20
Chlans
22>i
Berlin Cords
Tl^
Striped Salines.. 37>i
Ji Suez Cloth
37X
Poplin Lustres.. 20
Ji Alpaca Lustres.
22)i
Ji Corded Alpacas. 23X
6-4 Poplin Alpacas. 25
8-4 Poplins
27X-37>f
Arlington Mills—
Roubaix poplins.. 37K
Berlin stripes
35
X
X
K
X
Andrciscog'n sat
Bates
Orch.Imp
Ind.
Naumkeap sat.
.
KlnL
15!^
Bartlctts
do
do
16X
13«
.
...
33
...
31
Bates
do XX.
do BB..
do B...
45
12
19
36
33
18
16
14
.
Japanese stripes
Nilsson stripes.
Parepa stripes
Japanese checks
Blackstone
AA
36
36
C... 33
O.... 30
Boott B.
do
do
.
14-14X
13X
12X
14X
KllertonW84-4
Prnltof the
Loom
36
Qr't Falls
do
do
do
Q3«
17
16
8
ISV
A
H
31
....
....
....
F
22-83
38
25
20-21
A
PowhattanA..
do
B..
StarkA.:
do C 3 bush
Amoskeag
15
Bates
Caledonia
14
lS)i
11
Stripes.
Manchester
5-4
6-4
9-4
Albany
26
3SK Algodoa
American
60
.
Amoskeag
18X
57X
Easton
17-18
19
14
Haymaker
H-llX
Hamilton
Whittenton A.
do
BB..
do
C.
16-18
17
14-15
nyj
Caledonia, 70.
Price.
Bedford
Cocheco
Garner & Co.
...
,
i
I
i
ll>tf
11,<<
do mourning
Lodl
Manchester
I
Park,
I
j
No
'
W
do
do
do
22>f
24
80..
13..
8..
do
lOX
13
MerrimacDdk
lljf
do
pk and pur. 13
do Shirting.
11 >f
Pacific
ll>i
36«
9..
15..
60..
70..
80..
90..
00..
llJi-12
8X
35
Haymaker Bro
13X
8-8X
20
OtIsAXA
do BB
8)<
8X-9
33
30
17
doCC
8}i
en
15
70
70
Clark's, Geo.
Willlmantic, S
cord
do 6 cord.
47.^
70
40
Samosset
Green & Daniels
42>tf
65-67X
36
70
Velvet, J. Crossley
Son's
best
2 65
do do
No 1.. 2 55
Tap Brussels,
Crosslcy& Son's. 1 44
Eng. Brussels. 2 20-3 30
&
A
.
Hartford Carpet Co :
Extra 3-ply
1 67)i
Imperial 3-ply,. 1 60
Superfine
1 .35
Med super
1 90
.
BodyBrus5fra.
do
4 do
do
3 do
2 10
2 00
1 90
Hemp, plain, 33 in 22><
do ex plain, 36 in
83
IMPORTATIONS OF DRIT GOODS AT THE PORT OF
NEW YORK.
The importations
dry goods at this port for the week ending
September 19, 1872, and the corresponding weeks of 1871 and 1870
have been as follows
ENTERED FOR CONSUMPTION FOB THE WEEK EtTDINO SEPTEMBBR 19, 1872,
of
-1870
Pkgs
Manufactures of wool..
do
do
do
Value.
.1,931)
$756,576
cotton .1,276
Bilk....
736
34.1.966
Jlax
•^«Total
.
Pkgs
.
.
Value.
Pkgs.
1872—-,
Value.
1.503
1,515
$697,438
460,285
665,020
228,675
232,677
2,424 $1,074,577
1,654
44.3,955
765.493
1,073
3,376
368.;»1
778
272,781
687
582,923
264,747
169,993
5,930 $2,228,814
8,205 $2,925,1.56
5,417 $2,175,386
.1,300
Miscellaneons dry goods
-1871
,
688
1,207
605
wiTHDHAWK raoH WARSnOOSE AND THROWN INTO THE KARRET DUHINO THE
SAME PEBIOn.
Manufactures of wool
do
eotton.
. .
do
do
silk....
flax.
.
.
Miscellaneons dry goods
$.308,061
82,469
156,850
108,231
13,729
386
219
320
600
$569,340
3.665
8,205
483
446
ToUl ...
2,202
Add ent'd for consmnpt'n .5,930
Total thrown upon m'rk't
1.146
8.33
399
14*
8,1.32
2,226,614
$2,896,154
$442,862 ^ 2,277 $1.067,.390
115,637
781
272,870
315.495
366
4.32..140
8.j,.394
563
14S.B.59
21,852
188
61,638
$979,240
2,926,156
4,175 $1,977,897
5,417 2,175,386
10,870 13,904,396
9,693 $4,15.3,283
BNTEREn FOR WAREIIOUStNO DirRINO SAME PERIOD.
Manufactures of wool
do
do
do
. .
cotton
.
Bilk....
flax
Miscellaneous dry goods
Total
Add ent'd foroonsampt'n
520
237
176
343
49
1,826
6,930
$193,099
59,151
206,970
72,839
24,155
$556,704
2,226,814
Total «ot«od at the port 7.J55 $»,T«8,518
602
244
iia
384
410
1,763
8,206
<,i88
$2.71,157
61,594
149,210
65.107
17,720
$.5.52,7Rfl
2,!P25,156
13,477,944
. . .
395
GENERA I.
PRICKS CUKUENT.
A8HK8— ?ot,l8tsort
*IOJtt
908
625
388
$418,147
5»4
91
150,t:53
196,682
283,368
36,6,35
2,416 $1,07.5,485
.M17 2,175,386
7,863 $8,380,871
H
BlUiADSTUFF8—8co special
25a
(-'rotons
••
PlillHilelphlalronts.
"
S 75
KallB.Kng.)* ton. ..(gold) 74 00$ IB CO
Kails Am., at works In Pa. 85 00«
OO
White pine
Willie pine
(OS
m
8
...»
pine..
1
m
I
75
e
&
SH 'JUa40UU
iilankB
«< OUATt 00
SO (Hiai'i 00
Copper
erican, puie, in oil
o
•
'
"
W
Statehalf flrklns, line
28
do
con> to goo d U 1^ 25
^
COAL-
Aug
Auctlon sale of Scranton,
7,S00 tons lump
3 15
38
:
®
COTTON— See special report.
DRUBS 4 DYES-Alum.. 3 a
irgolB, crude
(-old
20 a
irgolB, refined
••
Arsenic, powdered. "
Bicarb, soda, N'eastle"
Bl chro. potash, S'tch •'
Bleaching powder
Cubebs, East India.
Outch
60
•*
...
.
5X
a
;ia
SOX
36>s9
37
25
9
a
»4 9
_
.9
50 9
2X9
40 9
3X9
15 9
12X
10
2!X
IK
ixa
Sugar lead, white
Vitriol. blue
40
95
2 85
1 SO
2X'
47
3H
15u
HX
11X9
*
CWt.
6
Mackerel, No. 1,
Mackerel, No. I, Halifax
Mackerel, No. 1, Bay. new
Mackerel. N0.2. shore new
Mackerel, No. 2, Bay. .new
12
50® 13 00
911 &i
10
50911 (0
shore
FLAX— North
lilver....*
25« 8
91?
9
159
tt
00
50
18
FRUITS-See groceries.
OUNNIES.- Seereportund'Sr Cotton.
QUNPOWDKU9
a
Shlpplng <• 25 lb keg
Mln. & Blasting
4 00
3 50
HAY— North R.8hip'g, *l lOOlbl 009 1 05
HEMP— Am. dressed.* ton.190 009290 00
American undressed
Russia, clean
Manila, current..*
;jo 9091S0 00
gold,210 009215 00
Sisal
"
"
Jute
"
lb
HIDES—
Dry— Buenos Ayr. *m
10*9
8*9
3*9
9
9
gld
"
Montevideo
"
"
Corrlentes
Rio Grande
Orinoco
•
CsUlomla
••
Maracalbo
**
"
Bahia
Dry Salt.-Maracatbo.gold
...9
....9
9
....®
15 9
15
13
(Jhlll
•
16
Pernambnco
Matamoras
"
'*
18
15
11
"
Bahla
Wet SaltedBuenos Ayres..*»gold.
"
Rio Grande
California
•
13
12
9
9
„
9
9
9
9
9
11
9
8
25
24X
24
34X
23
sax
16
16
14
17
14
18
12
14
13
11X9 12
cur.
Texas
12V9 16
East India StockCale.nt. city Bit. *» gold ...9 16^
Calcutta, dead green "
••
Calcutta, buffalo.* B
nOPS-Cropol
1872..* lb
ClopnflSTl
Crop of 1870
IRON-Plg,:Am., No.l.* ton
Pig, American. No. 2
Pig, Ainerloan Forge
PlS, Scotch
,...9
...9
I3X
13
889 40
9
9
S OU
S
»X
report.
^ 9 40
9 ....
40 9 S 00
Turks Islands..* bush.
Cadiz
Llv'p'l,var:ou8 sorts
lieflned,
Crude
1
pure (cash) * lb
gold
SEEU-Clover
Timothy
5
90
30
5
Prusslate potash, Amer.
Quicksilver
gold.
per oz.
Quinine
Rhubarb, China.... V n
Sal soda, Newcastle, gld
Shell Lac
Sodaash
gold.
9
8)19
Nitrate BodB(caBli).
20
01; vitriol (60 to 66deg8)
17"
9!"
984 00
I'X* 14
*»
KICK— See groceries
62
a
@
9X®
9 a
Oplom,Turk. in bond.gld
2ix
SALTPETRE—
9
24
Madder, Fr.K.X.F.F"
II
16
9
9
16
SALT—
...
....
S5 (n^ .17 00
5J 0(V<» 5) 00
48 OO9 49 (10
S2 OOra BO 0'
Bar.rtfi&ad Bng.* Amer .119 OOAUO OO
....9
*»
Vbnsh.
15
9
8
"
«X
8X9
.-
9JK9
'"X
9
4 CO
4 25
Hemp, foreign
175 9 185
Flaxseed, Amer'n,r'j?h. 2 03 9 2 05
Linseed, (:al.,*5«Ib gld. 2 40 9....
45
Nutg'ls.blue Aleppo, "
FISH-Drycod
21
4
50
<a I 00
.
lianis
Lard
21
44
[9
L.corlce paste, Calabria.
Licorice paste, Sicily
Madder, Dutch
Kold
....
9
8 OU
8 00
SO 00
Beel,pl.ilnnie8B
Beef, extra mess
Hams, pickled
5jia
"
41
SJ
75
m«» »
'5V
79
Qinseug, Western
Qlnseng, Southern
Jalap
gold
Lac dye, goodA fine "
_
83
hhlfnew).14 10 «14 25
Pork, extra prime
11 (» 911 SO
Pork, prime mess
13 50 914 OO
34W(a
••
....
....
80
PROVI8IOH8-
Beef
9
lOH
15X«
bulk, per gallon
Refined, standard white
Naptls,refin.,68-73grav.
43
45
S3y,
6ii&
62>^9
'•
lb...
Crude, ord'y gravity. In
3W
...9
7H»
Crude Inbbls
2>i9
20
*>
50
PETROLEITM-
45
2.3
333
5 60
W
33
5Kd
^
3K0
extrapale
135 9140
Sperm, crude
Sperm, bleached
1 82
91
Lard oil, prime winter... 78 9 80
lyi&
Brimstone. Am. roll Vib
Camphor, crude
gold
"
Chlorate potash
"
Caustic soda
Cochineal, Hondur.. "
Cochineal, Mexican. **
tartar, Fr.,pr.
45
80
S2
00
00
Pork.
29
25
*'• i.
«f. U)
«
•
A
9
7,50(i
«
<3H
a4
Cltythln/jbl.lnbbls.Vtn.gdSSOCBl
West, thin obl'g. (dom.)... 31 OO*
OILS-Ollve, in csks V aall ... •!
Linseed, crushers prIceB
81 •
* gallon. In casks
Cotton Seed crudes
45
••
55
yellows.. ..
Whale, bleached winter
Whale, crude Northern.. TO
3 25
(jj
»
«4
on. (;*EE-
13
tuns st«;ainboat
3 20 (g
22,0U0 tons grate
3 40
18,000 tons egg
3
4j 3
80,000 tons stove
373 (fj 3
15,000 tons chestnut
3 20 e 8
Liverpool gas pannel... 15 CO (S;6
Liverpool honse cannel 2"^ 00 @24
COFFBE.—See special report
COPPER— Bolts
.®
Sheathing, new
(over
12 ozj
V n ....8
Braziers' (over 18 oz.)
American Ingot
SSXa
pale
4 25
5 Wl
OAKUM
27
23
Q
18X0
^ a
12
(0
a4 00
04 »7X
475 aSOO
No.l
N0.2
••
26
»4
8 75
3 16
Pitch, citv
Spirits turpentine.* gali.
82
KoBln, strained, V bCl... 4 15
12
BUTTKU AND CHKK8K-
*
NAVAL STOUKB-
2 25
.
« « »
# S
A 89
Man
9S
-.,._
11X9
40
42
85
4k
CallfornU
'*
Orinoco. *c
"
29
rough
MOLASSES—See tpeclal report.
lU
2 UC
Welsh tab!i, fine
Western firkins
Cheese- Kact'ry, fine
do com, to Kd.
87
80
Tar. Washington
Tar, Wilmington
...^
l»
«
32
" ronirh BlBUKbter
Heml-k, ll.A
11H9
Lead, wh., Amer., dry.
Zinc, wh., dry. No. 1.
Zinc, wh.. No. 1, In oil.
Pari! wh„KllKf> 100 lbs.
^casb.V*-.
Oak, alanghtar,
"
crop
Am-
I'aliitu— Lead, white,
7!i«2S
All HO
LKATHEB—
box boards. 31 uo«asoo
mer.bz b'di Si
-,.,__.„
l0aS4 UU
Clearplne
Snruce boards
Gambler
Bar
PIpaandaheet
«)
S
....a
...
Hemlock bu'rdii & pisnk 27 00034 00
Nall»-'.Od.aed.cam..«i kg ...«(oa
Clinch, 2 to 3 In. & over; 50 08 00
Tellow metal, sh. dc si.. 3V «
Cream
Spaalsh.ord'y VIOO Bgold.B 42lt«t 4S
"
" e 42)<a« 45
tiern-.an.
"
Kngllsa
(WttTO)
911
12 llU^lli UU
4U lUtttS Ul
Kockluiid. lump....
Lumber— Southern
m
0naiia
t41>«*IM00
Sheet, I(uB.,ss. to iMor.(d >?»<• ....
»hee.t,slnK.,d.4i t.,i'o]a..
IMa >K
LEAD.1
Cement— It'iHiMidBK- •Mil
Lime— liiiekl'il. com. f bbl
:49
HOOMIVOI
Hoop
report.
M
Ilrlcks— Com. liBra...»
•TOBB PBIOBS
Bar, Swedes
Bcroll
BUILDrNO MATEKIAL8-
Brlmstone,crtt.#ton,Kld
70
70
Carpets.
34
..
12X
12X
Co
Hadley
Holyoke
Everett.
Hamilton
Manchester
8M
&
Sterling
.
Olazed Cambrlcii.
12
Brooks, perdoz.
200 yds ....
J. * P. Coat's
Clark, John, Jr.
23^
Arlington
15
Bedford..
U}i
Boston.
12
Beaver Cr ,AA
21
Chester D'k B 10^-11
do black & white, lix
Spragne's fan. .11)^-12
14
14
Spool Cotton.
16
18
27>f
17
19
31
13
Amoskeag
. .
12
li)(
14
12
Park Mills
Peabody
Quaker City
Renfrew
Union
25
Denims
Albany...
Richmond's. .llX-12
Simpson 2d Mourn. 11)^
H
do
do
do
do
do
I
10-10>^
9
13
11-11)^
Gloucester
18X
Checks.
llX-12
13
Gloucester
Hartford
Lancaster
7X Namaske
12>tf
12X'-18)i'
65
19
—
50
00
Domestic Ginshams.
.33
Amoskcag
Victory
Lewiston
17
Arkwrlght
.32
82
34
37
34
38
36
43
37
00
50
00
00
50
50
50
56 00
Ludlow AA....
30
85
40
45
American
Amoskoair
Garner
Uarinnny
Manville
Poquot
Red Cross
Bass.
Amoskeag
Downright
Glasgow
26
35
23
36
25
84
American
AAA..
ACEJ(
2.
3.
4.
5.
6.
7.
40-46
do heavy (9 oz.).
Mont.Ravens29ln
do
40ln.
Ontario
No.
No.
No.
No.
No.
No.
n
Light due'
ick
Bear duck (Soz.)
18
16
Prints.
Hamilton
Druid
Great Falls A.
do
do
do
19
25
do Nonp
do
.10-4
do
do
do heavy 36
do XX 1^4
Wamsutta.. 45
do .... 40X
do .... 36
do XX 36
.
'
r 4 to
29
23
20
do
do
do
do
2W
7-4
g-4
»-4
....10-4
..11-4
Poccaeset
Utica
duck,
t, 321n.—
W'db'ry,
2&-38
Fl'twing;l lOtosJ
16-17
16
13-14
Easton A
12)^
do
B
ll>f-12>^
Lewiston A.. 36
29
do
B... 30
21
Hamilton
19
.
do
do
do
do
do
Ic higher.
Cotton Dnck.
Sail
37><
37.)tf
10>i
Amosk'g ACA.
do
A..
do
B..
do
do
D..
Cordis
13X
.33
.
. .
C
32
Loni>dale... an
do Cambric 36
N. Y. Mills 36
Pepperell . 6-4
.
37)tf
42>tf
.
Tlcklnga.
14>i
.
.
16X
Paper Cambrics.
10
8. S. & Sons...
10
Warren
High colors
16X
15X
13
14
Laconla
Amoskuag. 46
do
42
do
A.
Androacog-
iix
14«
Imp
Lonsdale
Sblrtlnga,
—
Berkley
BPclied Sbeotlneii a
and
16
Cunoo River.
Hullowell
.
ClJitONlCLE
Delaine* and
Corset Jeans.
'WorHted FabrlcM. Amoskeag
14)4
. .
15X
LymanH
.
.
9
9
SlLK-Tsatlee.No.S chopVBS 00
Tsatlec, re-reeled
9 25
87X99 37X
S
Taysaam, Nos. 1 ft2
Canton, rerceled No.
7 75
I.. 6 75
8
9
M
7 25
SPELTER-
„
Plates, for'n.* 100 lb .gold 8 75 97 00
Plates domestic
* lb 8)19 11
report.
SPICES— Bee groceries
SPIRITS-
—* gall.
Brandy.foreign brandB, golds 60915 On
"
Kttm—Jam., 4th
proof.
St. Crolx,3d proof...
Oin, dliferent brands .
Domestic Wot«>r»—Cash
Alcohol (88 per ct)C.
••
••
4WJ
WhUkey
STEEl^
759
CO9
909
3
S
3
85
93
....
9
1<X9
American blister
American cast. Tool
American cast aprlng.
him
American machinery
American German spring.
....9
....9
ao
9X9
11X9
...9
...9
9
BUGAK—See special report.
TALLOW— American* »...
TKAB— See special report.
11
9
99
TIN-3anca...* n.gold
9 5-1*
40
"
"
English
W
82X91
English, caBt,2d&1stqn *1t
English. Bprlng,2d & let qa
English blister, 2d & let qu
Straits
5 26
8 40
3
•
Plates. I. Cellar. * b
Plates, char. Terne "
41
9 1SU
18 35
11 90
9
13 00
TOBACCO—
Kentucky Insa.hesvy
9V9
.
"...
leaf,
Seed leaf,
.
lOX
10X9
18
9 90
9 15
9 40
91 10
bond, dark wrk.lS 9 3S
briuhtwork. 35 9 55
C<'un., wrappers. 2C
fillers.... 12
90
Pennsylvania wrappers
90
Havana, cum. to tine
Manufac'd,ln
••
WOOr.Amerlciin.8«xony Fleece *ib 80 <U8
American. Full Blood Merino 6n 98S
65
American. Combing
67 960
Extra.Pullcd
9N
No
Fulled
California, spring ClipFine, unwashed
1,
,.,.
Medium
Common, unwashed
South Am. Merino, unwashed
Cape Good Hope, unwashed.
Texas, fine
Texas, mcdinm
SniyrnH, iinwached
ZINC— Sheet.
FUEKIHTS—
*»
—STCAM.—
.
To LlVKRPlHlL
Cotton
* »
;
s.
..
Flour ...» bbl
H. goods.* toil 82
.
.
Oil?
Corn
* bn.
Wheat.. b.* h.
..
Beet
II
..
forti
•bbl.
ten.
..
...
d.
,
40
945
87
43
88
S2
87
88
40
37
943
947
948
985
10X911
,— SAIL.
t.d.
9 K
9 30
». rf.
...9
27
•240 n
...9
...9
...9
9 10
lOX
9*0
41
S-](
.939
6a
«3i
9
• 40
ts
..
.ft
!«
35
9H
10
e«
....•40
)
)
THE CHRONICLE.
396
& Co.,
Andrews
8c
Kidder, Peabody
New ¥ork.
14 'Wall Street,
Southern Bankers.
Boston Bankers.
Foreign Exchange*
Walker, Andrews
(September 21, 1872.
BOSTON,
Co., Paris.
&
Co.,
IttASS.
NATIONAL
Commercial
Capital,
I'liAVEIiEiltS' CliEtlt1<S.
CIRCDLAR NOTES AND STEUUNG EXCHANGE
04 ,^iiIoil Batik 6r I^ondpn.
.^
Ii<vE8tjtEi(T Securities
also
;
Credits available in
cial
and
GkJLiJ.
fixcHANtlE ON LoJtt>d», PASls;
& Co.,
parts of
36
Buy and
&
HOTTINGtJER
&
Brown
Co.,
&
Co.,
London;
Amsterdam.
- - -
&
Brothers
NO. 69 WALIi
PaRIS.
- -
sell
Western City and Coiin-
tiothmei-clal
all
and Traveler* Credits
&
John Munroe
No. 7 Congress Street,
BOSTON.
Dealerj in GoVL-rnuient Secujities,
Couuty and Ciiy onds, also
Gold, State,
Brewster, Sweet
A8HER ATERS,
LAWTON,
B. L. WILLINGHAM,
JACKSON DeLOACH, (Dece'd.)
W. J.
J. S. SCHOFIELD,
&
Bank
&
WILLIAM STREET,
WM.
P.
AND
Andre
^
PARIS
all
parts of
Philadelphia Bankers.
also Cable transfers.
Country BaniiCrs can be supplied with Bills of Exchange In large or small amounts, on the priHcipal
cities of Europe also with Tickets for Passage from
or to Europe, by the OUION LINE of Mail Steamers.
PUIIiADEIjPHIA.
TrftTieacta^reneral Bankins; aim KxchanKe bnelne^s
iacludlDff Purchase and Sale of Stocks, Bonds, Gold
ADVANCES MADE UPON CONSIGNMENTS OF
Produce to Ourselves or Cor-
respondents.
Onion &
&
E.
on
W. Clark &
Co.,
BANKERS,
Pbiladelplila
and Dulnth.
DEALERS IN GOVERNMENT SECURITIES.
Merchants & Planters
NATIONAI. BANK,
AUGUSTA, OA.
Cash
Capltiil,
Co.,
PRESCOTT. GROTE & CO.. Bankers, London
W. TAPSCOTT & CO., Old ilall, Liverpool
Orders for Government Bouds, Stocks and Merchanand Foreign Exchange and Drafts
dise executed,
DOUKllt.
Kountze Brothers,
Street, N.
Y.
Stock, Note, and Gold Brokers.
Austin & Oberge,
No.
813
WALNUT
STREET,
SIGHT BILLS ON THE UNION
BANK OF LONDON.
dally
lor.
New York
J.
bell AUSTIN.
CHABLEe
H.
OBEBOE.
Southern Bankers.
Edward C. Anderson, Jr.
BANKER, FACTOR AND
Commission
Gold and Currency Balances.
first-class Securities.
MakQ Cablt Traosf ore between Dew Tork and London
Merchant,
Special attention given to consignments of Cotton.
Gold, Stocks, Bonds and Foreign and Domestic
ttzcbange, bought and sol^.
Collections promptly remitted for
Orders solicited for the purchase oi b,ties of Prodnod
Snd Securities. Prompt attention guaranteed.
New Tork Correspondents Lawbenox Bsob. A
:
Correspondent*
— Measrs. _
Wm.
Bryea
H. Castleman,
STOCK AND BOND.BROKERJ
Georgia
AND RAILROAD SECURITIES OlGEORGIA AND ALABAMA A SPECIALTY. Prompt
STATE, CITY
attention given to COLLECTIONS, both in Columbns
and points in connection. Will purchase of sell staple
a rticles of Merchandise In wholesale lots.
Second National Bank,
TITUSVILLE, PENN.,
Capital
.
.
.
.
1 300,000
Depwited with U. S. Treasurer to secure Circulation
and Deposits 500,000.
FYDK.
CHAR.
Cashier.
HTDK PrMt.
G. P. Curry,
commissioN stock brokers.
'
Pay Interest on
Co.,
a general banking business. Cotton purchased
on order. Collections made and promptly remitted
r.
Sa.Tannah, Ga.
PRAW TIME AND
Negotiate
$200,000
BANKERS AND BROKERS,
Philadelphia.
SOUTH STREET, NEW YORK.
Bankers, 12 Wall
•••-.•
W. Wheatley &
J.
INTEREST ALLOWED ON DEPOSITS.
Co.,
Issue Sterling Exchange and demand notes in sums
to suit purchasers, p.iyahleln all parts of Great Britain
and Ireland, and available for the Continent of Enrope
Messrs.
BsaN
Cuh'r.
Colnmbus,
Liverpool.
Tapscott, Bros.
86
on Cominlfwion.
etc..
;
Co.,
Jos. S.
Vice-Pres't.
&Co.
BANEEKS,
in
63 Wall Street, New York.
TRAVELERS and COMMERCIAL CREDITS ISSUED, available in all parts of Europe, &c. BILLS
OF EXCHANtiE drawn In sums to suit purchasers
&
T. P. Bbanoh,
Special attention paid to Collections.
BBJA]yiisoi^8LCo.
Williams & Guion,
S. Petrle
London.
Assistant Cashier.
.
)
ii60«000
.
ARMSTRONG. Cashier.
JNU. W. LOVE,
Pres't.
Co.
i
AmERICVS, GA.
Exchange on Paris and the Union Bank of London,
sums to suit.
Subscription agents for The Chronicle in Paris.
Alex.
.
Do
ISSUE
otlier
.
Chab. J Jenkins,
1
VI.ONDON.
N. T.,
Credits for Travelers In Europe,
COTTON, and
Pres't.
JAS. ISBBLt. of talladegai Pf esldetlt.
PARIS, LONDON, BOSTON.
19
Lawton,
N.Y. Correspondent— Importers and Traders Natlona
Co.,
Munroe &
Co.,
i
Capital
Exchange, and Commercial and Travelers'
&: Co.,
Circular Notes available for Travelers in
Europe and the East.
PARIS.
J.
ALABAStA.
OF SELinA.
.
EXCHANGE ON LONDON AND
fttf
BOSTON.
Inarcnai'd,
pAris.
W;
M. FakbaR, Cashier.
S.
The Citv Bank
Robert Benson
AND ON
Bowles Brothers
Co.,
Credits issued on
C0NS01>IDATED BANK, I.ONDON,
all
BANKERS,
Tlie City
AND
Issne Circular Letters of Credit for Travelers on
to.,
&
70 State Street, Boston.
York.
on
Particular attention given to Collections
accessible points, and lirompt returns made.
STATE
BANKERS,
Bills of
New
Co.,
Baiildiig
mXCOfi, GEORGIA.
TRANSACTS A GENERAL BANKING BUSINESS.
Directors.
STERLING EXCHANGE.
drawn by Jay Cooke & Co.. on Jay Cooke, McCullocb
& Co., London, in sums .^nd at dates to tsuic.
COMMERCIAL CliKDITS AND CIRCULAR LETTKHS l<OR TuiVEl.l.l!:hb ISSUED,
Co.,
BANKERS.
No. 8 IVall Street,
Jc
French,
BANKERS,
Page, Richardson & Co.,
parts ol the world.
]>iirNB6B
&
FooTE
DEALERS IN GOVERNMENT SECURITLES,
G old, State, City, County and Railroad Bonds.
isatTS
Available in
Collections attended to with precision and dispatch,
and remitted for on day of payment.
The Collection haper for all this State and Florida can
be concentrated at this point with great advantage
free of charge,
Plantfers'
Co.,
STREET,
Trust
Pald-Up Capital, • • - $1,000,000
INCORPORATED UNDER STATE CHARTER.
Cobb,
availa ble In all pa' is of Europe.
Co.,
k
SAVANNAH, GEORGIA.
45 W^all Street.
bonds.
Negotiate First-Class Railway, City
Morton, Rose
$500,000
the STATE
New Tork CoWcspohdent^FoVBTa National Bank
Savannah Bank
devonshire street,
bost6n(
bankgbs,
^.,
and State Loans; Make Telegraphic
Transfers of Moiley j Allow Interest
oh deposits, and draw fexcharige Oh
...
.
O. M. Pabeee, Vlee-Pres.
Cities of Europe.
&
Parker
ty
the World.
Hope
Office,
fcoliiitier--
all
Pres.,
CompafiJ^i
Ne-w Tork
N. Y.
Issue Circular Notes and Letters bf
Credit for Travelers
-
.
Dudley Hubbabd, Cashier.
COLLECTIONS made In ALL PARTS of
and other Continental
St.,
-
Issued, available in acl pabts or TdE Woitltl.
on deposits.
Bankers, 30 Broad
.
Chables Hopkins,
J.
Morton, Bliss
-
COHUERCIAL AKD ClBCTtiAB LeTTEBS OT CSEDIt
.Cbnimei clal aiirt Traveler!!' Ctedtts arid ri-anc ExCllJlii^i! on I'Ams.
Railway and other LOANS negotiated. Stocks and
Dondg dealt in un ConiuiiBsioD.)
Interest
Bank:,
MOBIIiE, ALABAITIA.
Exchange Bank, Augusta, Oa.
Southern Securities 'of cvcrv. description, vU.; Un
current Bank Notes; State, City & Railroad Stocks
Bonds and Coupons.
jsr- Collections
made
all
parts of this State
and
South Carolina, and remitted for on rtay of collection
at cur r ent rate of New York Exchange.
Cubbedge
&
Hazlehurst,
BINKEHS AND BROKERS,
MAUUH UA.
Ha^e
and do a General Banking and
Brokerage Bnslnefs.
UoUectionii
RKFBK to KA9T RIVER NATIONAL BAWK.
W. M.
F. Hewson,
STOCK BROKER,
Office No. 21 West Third Street, Clnclunatl. Ohio.
Reler to: All Cincinnati Bsska, and Hewn. LOCKWOOD & Co., New YOI&.
,
THE CHRONICLE
September 21, 1872]
&
Wood &
Co.,
made on conalKomenta
Cotton and Tobacco to our addi-esa also to our
lu Llrerpool and London.
;
Ooverument
ol
and Boud*
DEALERS
Keep on bund a variety of choice bonds to supply in
on the market at
IiOANS JiECiOTIA'rED.
CiBNERAL RANKINC BUSINESS,
No. 31 Pino Street,
WOOD,
SAMUEL
Formerly of Vermllye * Co.
Co.,
NEW YORK.
Healera In
RAILROAD A IVVNICIPAL RONBS.
AUtt. J.
WALHTON
BHUWM.
U.
BBOWN.
Augustus J. Brown & Son
SO Liberty Street, Nenr Tork.
LOANS AND PAPER NEGOTIATED-INTEKEST
ALLOWED ON DEPOSITS.
SPKCIAL ATTENTION GIVEN TO THE NGaOTI&
TION OF
Winslow, Lanier
RAILROAD SECURITIES
&
Co.,
NEW
nkers,
:
I
:
LONDON CORRESPONDENTS,
CITY RANK« Threadneedle
60 State Street, Bost«M«
AGENTS FOR
&
or CHINA AND
Ad ranee* made 00 coniiinment*
RANKERS,
No.
Stephen
No. 87
Box No.
Securities.
Interest allowed
on Deposits subject to Sight Drftti
or Check.
VERMILYE &
COLLECTIONS made
UNION
at all points of the
and BRITISH PROVINCES.
W. B. LSOHABD.
W.
O.
MANUFACTURERS OF
CO.,
ELEPHANT BAGGING,
New York.
DEALERS IN ALL ISSUES OF GOVERNMENT
SECURITIES.
BUY AND SELL ON COMMISSION
Interest
No. 10 XTall Street.
S
Smith
O.
BABNKT.
a.
BATMOKD.
S. D.
FOSTER
Raymond & Co.
BANKEBS AND BROEKES.
6 WAI.I. STREET.
STOCKS, OOLD, BONDS AND ALL
8BCURITIE3
Interest paid on Deposits subject to check.
D. N.
A. H.
LoCKWOOD
BARNET. )-„.„,.,
barney! f^P"'*'-
&
Co.,
BANKSR8,
Kimball,
STREET, NEW YORK.
14
ITAIii:.
Allowed on Deposits.
"'^^
Stock aad Gold Eicluin«B./
Yokohama and Hlogo, Japan.
KEPRKSENTED BY
Choice Ten Per Cent iuvestmesta at and below pa
Financial Laws and Forms of INDIAN.^ sent free.
N. Y.
Nat
Wm.
Excha^tqs Bai^k Correspondent.
Morton, Galt
&
Co.,
AKD
150 West Main Street, Louisville, Ky., dealers in
P'orelfrn and Domestic Kxehantie, fiovernraerit Bonds
all Local Securities. Give prompt attention to
LARD
.
OIL,
iveslmp.nt o( funds.
Washlueton, Vestry Sc Greenwich
Samuel A. Gaylord & Co,
69
AND
St.,
Sts.
SALES OFFICE:
BROKERS IN WESTERN SECURITIES,
33 \rall Street,
NEIV YORK.
S2J Nortll Tblrd
York.
& Co^
Wilcox
J.
and
I'or
New
LEAF LARD, STEARINB
RANKERS,
ronectlons and orrlers
Street,
PRIME
BEAVER STREET,
ST. LOUIS.
NEW
YORK.
WV. BOBDBK.
L. H.
I.OTU,L.
'/^<
Borden & Lovell,
commissioN ihbrchants
STEEL PENS,
General Agents.
AND
Mining
Borden
nianaftectnrers 'Warehoase
Aseucr,
01
John
Nalls,
Street,
N«w York.
Co.'s
CUnBBRLAND COALS,
AND
FALL RIVER IKON WORKS
and Sole
Interest
Uembe; N. X
W. CORLIES,
6GX Pine
&
BANKERS AND STOCK BROKERS.
& Hannaman,
INDIANAPOLIS, INDIANA.
on cumnilsslon.
Baldwin
Smith, Baker & Co.,
GOmmiSSION niERCHANTSi,
on Deposits.
E.
94 BBOAD1VAY.
Transact a General Bankinc bnslBe.., incladlnc the purcbane and sale
•f CI.Ternment and State Bonds. Railroad Stocks and Ronds, and other
iMcurlttas,
FRONT STREET, NEW YORK.
192
AND INVESTING AGENTS,
OTHER
Bonsrht aod Sold on Commlaslon.
Sons,
MANUFACTURERS OF CORDAGE.
BROKERS
ar.d stfU
Barney,
Henry Lawrence &
MAKING LIBERAL ADVANCES.
RANKERS,
Government. State, Railroad ajid other
secarities, making liberal advances on
same, allow Interest on deposits, deal In commercial
paper, furnish to travellers and others Letters oi
Credit current In the principal cities in Europe.
and Dealers
In HEinP
GANGS OF RIGGING MADE TO ORDER.
Office, 113 IVall St., N. Y.
RAILYTAY STOCKS, BONDS AND FOB EXPORT AND DOMESTIC USE.
W. H, FOSTKB.
desirable
Sec,
Cordage,
BANKERS,
LeonardjSheldon&Foster
Bny
SUPER CARB. SODA,
William Wall's Sons,
GOLD,
SSELDON.
Co.,
No. II Old Slip, New York.
The Jobbing Trade ONLY Supplied.
STOCKS, BONDS, GOVERNMcNT SECUniTlES
FOKKIttN EXCHANGE and GO1.U bought and sold
on the inoBt favorable terms.
INTEREST allowed on deposits either In Currency
or Gold, subtect to check at sight, the same as with
the City Banks.
ADVANCES made on all marketable securities.
CERTIFICATES of Deposit issued bearing interest.
&
SALERATUS,
AND
16 And 18 Nassau Street,
Ji^ACE.
NEW YORK.
4C60.
DUM.MLKR& CO., Batavla and Padang.
CHAS. TIIOREL A CO., Yokoliaina.
CLARK, SPENCE & CO., Oalle and Colombo
GILFILLAN, WOOD « CO.. Singapore.
BANDILANDS, BUTTERY & CO., Penang.
NEGOTIATE FIRST-CLASS RAILROAD AND
MUNICIPAL BONDS.
BANKERS,
EXCHANGE
Co.,
ON TUB
Gibson, Casanova & Co.,
50
&
B. Shattuck
UNION BANK OF LONDON
Advances made on approved securities.
Special facilities for uepoiiaiirr Commercial Paper
Collections both inland and forei^j promptly made
Foreign and Domestic Loans Negotia.cd.
No.
Higginson,
BEAVER STREET.
MANUFACTURERS OK
No. 23 Nassau Street, Nen^ Tork,
DRAW SIGHT AND TIME BILLS
Dealers in Bills of Exchange. OoremmeDts, Bonds
Stocks, Gold, Commercial Paper, and all Negotiai>i6
approved mer
COFFXK ORDIKS RXCEIVKD FOK RIO DC Ja.IXIK
BANKERS,
WILLIAM STREET, NEW TORK.
83
of
chandlze.
John Dwight
W.
A CO.,
.lAPAN.
SOUTHERN SECURITIES
Street.
Co„,
HEARD
AtlOnSTINB
LOANS NKPOTIATED.
SOUTTER
New York.
RKPRESKKTIN'O
IN
llroad
Bonds, issue Letters of Credit for forel^ trare
St.,
Ever ett & Co.
Messrs.
20 RROAD St.,
Brokers and Dealers
YORK.
Rccelre the accounts of interior bonka^
corporatione and Merchants.
AgentB for the sale of City, County and
CO., or China,
Jc
104 ITall
P. O.
Levy & Borg,
RANKERS,
PINE STREET,
27
OLYPHANT
BANKERS,
Btoclca and Securities BnuKht and Sold
at ilic New York Stock. Excliange.
Jc
Kkprrhk.stku hy
D. DAVIS.
C. D.
William T. Meredith &
PLACE,
RAILROAD BONDS,
vestors. furnish bonds advertised
Acconnta received and Interetit allowed on balancea
wblch may be ctaeokod for at slttbt.
M EXCHANGE
IN
Foot-how
Sliaiiclial,
4'autou, Clilua.
subscription prices, execute orders for Uoveninicul
securities, gold and railroad stocks, and do a
Bouffht and Sold on Conin)l98lon, and
No.
COMMISSION MKRCHASTB,
HouK Kone,
AND
I'rlondg
Securltlea, Cold, Stocks
Olyphant & Co.,
Davis,
BANKERS
BANKERS AND COMMISSION MKRCHANT8
44 BROAD STBEET.
Liberal ciuh adrnnces
Oommeroial Catdi.
Financial.
Financial.
R. T. Wilson
397
*
W
C«.'S^-
Bands, Hoops and Rods,
aud
71
WEST
ST.,
New
York.
-
THE CHRONIOLU
398
CuNARD
James A. Cottingham,
Locomotives, Cars
SCOTIA
Weduosilay,Sept.25.
Wediie»day, OlI. 2.
.JAVA
CHINA
RUSSIA
BATAVIA
ALGERIA
PARTHIA
CALABRIA
AND
RAILROAD IRON,
SCUOONEnS, BAnOES, AND LIGHTERS,
AV
A
and
Iron
A
It
D
I
N «
Rails
Steel
For
this
UNUSUAL INDUCE.MENTS
111.
United States. Contracts
expenses in port on same, and
to any part of the
to Include all tlie
WISCONSIN,
IDAHO,
urance to any point required.
Capt. Price
and
KM.
Sept. 25, at
Oct- 2, at 3 P.M.
Oct. 9, at lOM A.M.
Oct. 16, at 3P.M.
Oct. 28, at 11 A.M.
Oct. 30, at 3 P.M.
Steerage passage (Office No. 29 Broadway) $30 currency.
For freight or cabin passage apply to
WILLIAMS & GUION, No. 63 Wall-st.
D. BISHOP.... Pres. N. T. & N. H. Railroad
Snpt. N. Y. & N. H. Railroad.
H. UOYT
CH.VltLES EOX. E311 ...Pres. South Side R.K. of L.I.
South Side U.K. of L.I.
Supt.
DOUGLASS
C. W.
Cllfl' Street, New York.
W. BALLY, LANG & CO
HON, W.
t.
14
Philadelphia.
North 5th Street,
PHILIP
8.
New
IN
THE
REPUBLIC,
CELTIC,
OCEANIC,
ADIilATlC.
BALTIC,
ATLANTIC,
burden—3,000 h. p. each.
SalUng from New York on SATUKDAYS, from
Liverpool on THURSDAYS, and Cork harbor the day
6,(100
tonB
following.
^
From the White Star Dock, Pavonia Ferry..Jersey City,
.TU8TICK,
Paasenger accommodations (for
combining
ViLLK DK St. Nazairs,
ViLLB 1>B B6RUBAVX,
Perkire,
ViLLE 1>E PAHIS,
St. Lavrent,
ViLLK inj Havre,
Europe,
Washington,
ViLLE DE Brest,
NOUVEAU-MOXUE,
LofllilANK,
Flokide,
MaBTINIQI'E,
ouadelovpb
Dbsibadb,
GUYASK,
ATLANTIQI'K,
Sonora,
France,
Panama,
C'ARAIBE,
Caci<)ub,
Cabavbllb.
Postal Lilned of the General Trans-
Company.
NEW TORK, calling at
atlantic
From HAVIIE
Brest
Shortly once a week.
From ST. NAZAIRE to VERA CRliZ, calling
Sautander, St Thomas aud Havana, and vice versa
vice versa.
to
Twice a mouth.
Once amoutt.
From ST. NAZAIRE to ASPINWALL, calling at
Martinique, La Guayra and Sta. Martha, and vice versa
Once a mouth.
From
PANAMA to VALPARAISO, calling
Branch
S.
all
classes)
min-
Demerara, Surinam, and
mouth.
idad,
Those
GEORGE MACKENZIE,
Aeent. 58 Broadnray.
»H0 gold. Steerage, *30 currency,
wishing to send for friends from the Old Coun-
now obtain steerage prepaid certlflcates, $33
currency.
,
,
Passengers booked to or from all parts oi America.
Paris, Hamburg, Norway, Sweden, India, Australia
China, etc.
Excursion tickets granted at lowest rates.
Drafts from £1 upwards.
For Inspection of plans and other information, apnlj
at the Company's offices, No. 19 Broadway, New York.
J. H. SPARKS. Aeent.
PACIFIC MAIL STEAMSHIP COMPANY'S
try can
SOUTHAMPTON BUILDINGS.
Steel and Iron Wire,
Mining; Ropes, Cables, &e,
nalT'd Iron ^Vire, Ship's Kissing,
Oalv'd Corrugated Sheet Iron,
Wrought Iron Screw Piles,
Ship's ForgingS) Sec,
Stonington Line.
THE SPLENDID
Gorham Ml'g Company
To
THROUGH LINE
California & China,
AND
Transportation.
FOR PROVIDENCE AND BOSTON.
Miscellaneous.
SIDE- WHEEL
STONINGXON,
'i)
Capt.
SAN FRANCISCO,
$125 to $150
---.-....-.
$60
First Class
Steerage
Pf
jy
Express Co.'s, 785 Broadway, cor. Tenth street; 1,302
Broadway, cor. Thirty-fifth street or 327 Washington
D. S. BABCOCK, President.
street, Brooklyn.
;
New Jersey Southern RR
-
». J.
BACmtAN
-
•
According to location of berth.
.
B
.
Watson
COTTON BUYER.
NORTH
Steamers of the above line leave PIER No. 42
IlIVEli, foot of Canal street, at 12 o'clock, noon,
On
10th, 20th
& 30th of Each Month,
except when those days
fall
on Smiday, then the day
previous.
One hundred pounds of baggage free to each adult
Medicine and attendance free.
Ste^imer will leave San Francisco Ist every month
for China aud Japan.
For freight or passage tickets, and all further information, f;pplv at the Compaay's ticket office on the
wharf, foot of Canal street.
F. B. BABIf, Aeent.
Wire Ro p
UAOON*
Georgia,
and
B. B., of the very best quality
will leave Pier 28, North River, (foot of Murray street,
connecting at Sandy Hook, with trains of N. J. S. BR.),
as follows:
6:45 A. M.— Through train for Philadelphia, Vineland,
Bridgeton, Bay Side and Vineland stations.
9:'lO A. M.— way train for Tom's River, Waretown,
and intermediate stations.
suitable
I
for
Ships,
Biggkig,
Isuspenslon Bridges, Gays, Oerj
'
M.— Through train, same as 6:45 A.M.
All Triilns Stop at I.ong Branch.
ricks. Inclined Planes,
Hoisting
Large
The 6:45 an i 9:40 A.M. and 4:00 P. M. lines connect
forBedBanI:: the two latter for Port Monmouth.
Philadelphia freight takeu up to six o'clock P. M., at
G. W. BENTLEY,
General Manager, ISO Broadway
F, r. FIN(ia, Agent, ner as.
e.
STEEL, CHARCOAL,
Plymouth Rock and Jesse Hoyt
lowestratfc.
necessaries
CHANGE OF SAILIKa DAYS.
Stock
Mlnine
&c.
A
constantly
on
Purposes,
4:00 P.
Pv
all
for the trip.
THE STEAMERS
Sterling Silver Ware.
No. 3 mAinEN liANK, fiM'W ¥ORK«
JOSEPH BACHIVAN
•
These rates inclade berths, board, and
Wm. Jones.
NARRAGANSETT,
Jaipan.
THROUGH FARES-NEW YORK TO
STEAMEKS
Capt. Ray Allkn.
Leare Pier 33, North Blver, foot of Jay street, daily,
at 5 o'clock P. M., arriving at Boston In ample time to
connect with all the EARLY EASTERN TRAINS.
Baggage checked to destination, .^t
Tickets sold and State Booms secured at No.
319 Broadway, cor. New Pearl street, and at Westcott
BAOHHAK.
Once a
versa.
RATES— Saloon,
Steel and Iron Ralls,
C. S. Tyres and Axles,
J J.
vice
The splendid steamers of the South Pacific Line,
leave Panama for Valparaiso aud Intermediate Points
of Ecuador, Bolivia, Peru aud Chill, on the 30th of every
month and connect closely with the Steamers of the
I'aciUc Mail S. S. Company, leaving New York on the
15lh of every mouth for Aspiuwall.
For Rates of Passage and Freight, Dates of Depar*
ture, or further iiiforuiation, apply to
In
LONDON.
37
t
Ouce a mouth.
midship section, where least motion is felt. Burgeoue
and stewanlosses accompany these steamers.
Justice,
Eiines, [Postal]
ST. THOMAS to ASPINWALL, calling a'
Rico, Haytl, Santiago de Cuba, Kingston,
(Jamaica,) aud iHce versa; Once a mouth.
From
Porto
Saloons, state-rooms, smoking-roouij and bath-roome
Philip
at inter-
Once a mouth.
mediate ports, and vice versa.
_ _
SAFETY, SPEED AND COMFORT.
vailed,
42 Clllf Street.
General Transatlantic Co
From FORT DE FRANCE, (Maetisiouk,) to CAYENNh^ calling at St. Lucia, St. Vincent, Grenada, Trin-
THE SIX LAKOEST
York.
OF TBS
vice versa.
NEW YOKK. COUK AND LIVEKPOO
NKW AND FULL-POWERED STEAMSHIPlj.
WOKLD.
NEW YORK.
HOWARD MITCHELL,
lirall Street.
From ST. THOMAS to FORT DE FRANCE, (MabTiNiQUK.) calling at Basse Torre, (Guadeloupe,) Pointea-Pltre, (Guadeloupe,) St. Pierre, (Martinique,) and
JAMES
JAIKES A. COTTINGHAM,
104 West, corner Liberty Street,
5.
CO.,
STEAMERS
»13C
Cabin passage, $80 gold.
REFERBNCES.
No. 88
Saturday ironi
flOO,
screw steamships from
Capt. Morgan
Capt. T. W. Freeman
Pin, FORAVOOD &
S.
PIER No. 46 NOflTH RIVER, EVERY WEDNESDAY
MANHATTAN, Capt. J. B. Price...
NEVADA, Capt Forsyth
WYOMING, Capt. Whluerav
nontbly mall Service.
NEXT DEPARTURE ABOUT OCTOBER
For freight and passage apply to
12.
(Via QneenstOTVU.)
CARRYING THE UNITED STATES MAIL.
THE LIVKHPOOL AND GREAT WESTERN
STEAM CO.MPANY will despatch one of their flrst
MINNESOTA,
Steamship Company.
FOR
JAMAICA AND
SAVANII.I.A.
I'J.
Liverpool,
class, full-power. Iron
to the troude, and to eno'.ire safety and despatch In
siiipnients of the above.
Iron and Steol Rails forwarded froia Port of New
made
Saturday, Sept.
Saturday, Sept.
Saturday, Oct.
Saturday, Oct.
Saturday. Oct.
9.
16.
21.
28.
gold, according to accommoaatlon.
Tickets to Parle
$15 gold additional.
Return tlcketB on favorable terms.
Steerage
*30 currency.
Steerage tickets from Liverpool aud Queenstown
and all parts of Europe at lowest rates.
Through bills of lading given for Belfast, Glasgow,
Havre, Antwerp and otlier porta on tlie Continent, and
for Mediterranean ports.
For frelglit and cabin passage apply at the Company's oillce, No. 4 Bowling Green. For steerage passage, at HI Broadway, Trinity Building.
CHAS. G. FRANCKLTN, Agent.
Specialty.
Having for many years been identincd with
business our great experience euabies us to oHer
York
Wednesday, Oct.
WedueBday, Oct.
ABVS8INIA
And every fullonlng Wednesday and
New YorK.
RATES OF PASSAGE.—Cabin, |80,
on riKST CLASS
ATLAS
Line.
THE BRITISH AND NORTH AMERICAN ROTAl
MAIL STEAMSHIPS,
BETWEEN NEW YORK AND LIVEROOL,
CALLING AT CORK HARBOR.
PKOM NKW YOKK.
Wedne8(lay,Sept. 18,
CUBA
SHIPPER
R
Ocean Steamships.
Ocean Steamships.
Railroads.
F O
[September 21, 1^72.
hand, trom which any desired
lengths are cut.
EJOHN
IHASON it CO..
Broadway, Mew York
AV.
143
,
'
fn^ CHRONICLE.
Beptetober ^l, 1872.3
Bailroads.
Iiuuraiioe
Insoranoe.
Heyerdahl, Schbnterg & Co.,
Imperial
FIRE INSVBANCE COIdPANY 31 PINE STREET, NEW YORK.
OFFICE OF TUB
ATLANTIC
Asaeta,
Mutual
!idd
Co.
Insurance
OF LONDON.
•
.
$8,900,000 Gold.
CHIEF OFFICE IN THE U. 8.
•
10 Cornblll, E. C, London.
-
Noa. 40 to 44 Pin* Street,
New
York.
Steel and
THE
New York, January
The Tnutcea,
S6tb, 187S.
in conformity to the Charter of the
Company, submit the following Statement of
on the 3Ut December, 1871 :
Its
NO. 314 BROADWAY,
PARK BANK BUILDINa.
affiikira
Premiums received on Marine Bieks,
from
let January, 1671, to Slat
De-
cember, 1871
Premiums on
marked
2,038,675 18
Total amount of Marine Premiums.
LOUIS
$7,446,452 69
.
P.
Fire Insurance Agency,
No. 1T3 Broadnray, New York.
Losses paid daring the
.ffitna
period.
Insurance Comp.'y,
HABTFORD Conn.
INCORPORATED 1819.
Returns of Premiums
A Expenses. $973,211 84
Oasb Capital
00
00
00
J18
98
01
Cash Capital
Net Asaeta
.....
....
OF PROVIDENCE, R. I.
ORGANIZED NOVEMBEB, 1871.
Caah Capital
.......
$200,000
VT>e outstanding certificates
of the issue of 1868,
will be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday
JAS. A.
ALEXANDER
Sc
PECK,
Asents.
the Sixth of February next, from which data all
Interest thereon will cease. The certificates to be
produced at the time of payment, and cancelled.
which were issued (in rod scrip)
premiums such payment of interest and
redemption will be in gold.
A Dividend of Forty Per Cent is declared om the
net earned prenlums of (he Company, for the year
ending 81st December, 1871, for which certificates
will be issued on and after Tuesday the Second ot
H. CHAPniAN,
88
Fidisal Stiibt.
Sooth Caxal Stskkt.
Street, N. Y.
BIOKLOW.
P.
JAMJCB Juu^.'iux
&
Johnston,
48 Pine Street,
New York,
Iron and Steel Rails
OF APPROVED FORK ION AND DOMESTIC
MANUFACTCUE.
HAVE FOR SALE
3,000 Tons 56 lb. <' Crawshajr » FIsb
Bar Ralls, to arrive.
1,000 Tons 56 lb. <' NortU Yorkshire" do.. In store.
500 Tons 56 lb. " Aberdare" do..
In store.
MANCHESTEB
Locomotive Works.
MANUFACTURERS OF
Locomotives, Stationary Steam En.
glues, and Tools,
MANCHESTER. N. II.
ARETAS BLOOD,
Superintendent
W^. 6.
43
MEANS,
Tre. surer.
Devonshire St., Boston.
Jones & Schuyler,
12
PINE STREET.
NEW
TORE.
Rallirar Commlaalon Merchanta.
STEBL and I'iON PAILS LOCOMOTIVES, CARS, and other Supplies, «^< iiegotlate
RAILWAY BONDS, LOAn'S. Ac.
Contract for
^a/)i^a/' Coin Jf/QOOQOOa
order of the Board,
J.
St.
BiGELow
;
.\pril next.
125
CHICAGO:
Mancliester. N. H.
certificates
for gold
No.
John
59
184».
$500,000 00
$900,105 75
$14,806,812 37
8Iz per cent Interest on the outstanding cerlt-<l
catcs of profits will be paid to the holders thereof,
or their legal representatives, on and after Tuesday
the Sixth of February next
:
BOSTON:
South Foubth
BWABD
Sprlnefield, Maaa.
INCORPORATED
^kc.
W^M. TOOTHE, Ceneral Aceut,
-..-..
Newport Insurance Co.,
By
OFFICES
NEW TORK:
No. S9 JoHV Stkeet.
Springfield
FIRE AND MARINE INSURANCE
COMPANY.
4i
.
Total amount of Assets
Upon
Mauufacturers of
the following Assets, viz. i
United States and State of Mew York
Stock, City, Bank and other stocks.. $8,143,240
Loans secured by Stocks and otherwise 3,879,080
Keal Estate and Bonds and Mortgages.
217,800
Interest, and sundry notes and claims
due the Company, estimated at
(86,739
Premium Notes and Bills Beceivable.. 2,408.937
Cash in Bank
274,345
Co.,
Leivlatonrn, Pa.,
..•... $3,000,000
$5,000,000
Net Asaeta
J
&
William Butcher
PHILADELPHIA:
$2,785,980 68
The Company has
Nh^OOTIAT!.-!).
Axlea, ForiclnKS, &c.,
Bisks ; nor upon Fire Bisks disconnected with Marine Bisks.
Premiums marked Off from 1st January,
1871, to 31st December, 1871
$5,375,793 S4
same
RAILROAD BF.CURITIKS
CRUCIBLE STEEL TYBE8,
Aaslstant Secretary.
^o policits have been Issued upon Life
Co.'s
ic
CRUCIBLE STEEL WUHK8,
JACOB BEESE,
BAYARD,
President.
off
1st January, 1871
Samuel Fox
BESSEMEB STEEL BAILS.
Established 1856.
$8,412,777 61
Policies not
Agents in the United State* for
Sole
Hope Fire Insurance Co.
Iron Rails,
Edward W. Serrell,
SecretatT.
^^li^9Mu^
CIVIL ENGINEEB,
/MOO. 000,
78 Broadway, Neiv York.
o
TBUSTBES.
D. Jones,
Charles Dennis,
W. H. H.
Henry
Wm.
Joseph Galllard,
Moore,
Colt,
C. Pickersgill,
Lewis
Curtis,
Lowell Holbrook,
R. Warren Weston,
Royal Phelps,
Caleb Barsrow,
^
Pillot,
V
Gordon W. Bumham,
Frederick Chauncey.
George S. Steohenson,
William H. Webb,
Sheppard Gandy,
William E. Dodge,
DavidXane,
Francis Skiddy,
Charles P. Burdett,
Rob't. C. Fergusson.
James Bryce,
William E. Banker.
Daniel S. Miller.
Wm.
65
Sturgis,
Henry K. Bogert.
Bcnnis Perkins,
Samuel L. Mitchell.
j»n,es G.
T
Charles D. Leverich,
J.
De Forest,
Robert L. Stusrt,
Alexander
Wake,
_^
D. JONES, President,
CHABLES DENNIS, Vice-Pres't.
W. H. H. MOOBE, ad Vice-Pres't,
J^D, HEWLETT, Sd Vico-Pret-t,
^VALL STREET,
Fire and Marine Insnrance Stocks
and
Scrip.
"SPECIALTY."
Cash paid at once for the above Securities
will be sold oil coiumlBslon, at sellers option.
William
;
or they
Oilman,
C.
DSALBR
AND
M
pinB
6trfl<>t.
Insurance Stock
corner of Wnilani Street. N.V
Rosendale Cement Co.,
CEMEN r OF THE BEST aUALIT Y
No. 102 Wall street.
New
R.
W. BE EDICr, Secretary.
Public
Works
attention given to the examination
for capitallste aeeklng Inveataicnta
NAYLOR&CO.,
NEW YORK,
BOSTON, PHILA.,
M John street.
80 SUte street. M8 8o.4ttoatre*
CAST STEEL BAILS,
CAST STEEL TYBES,
Cast Steel Frogs, and
lY
INSURANCE SCRIP,
Fire and Atarine
t^ Particular
f
Dealer In
Bobt. B. Mlnturn,
Charles H. Russell,
& P
E. S. Bailey,
Jr.,
Hand,
James Low,
B. J. Howland,
Benjamin Babcock,
C. A.
RAILROADS, BRIDGES AND EXPLORATIOSB,
"SEBRELL'S PATENT WROUGHT
IRON VIADUCTS."
York.
all
other
Steel Material for
Railway Use.
HOUSE
IN
LONDON
NAYLOR, BBNZON & CO."
34 Old Broad Street,
wh» g^Te special attention to
orders for
Railroad Iron,
as well as
Old RalU, Scrap Iron and Metals.
MTAOAR
^**"^ iNsuR.
A ANCE COMPANY
i>l-r^Vj/TLl\.rV
301 BROADW^AV.
Caalt Capital, . • > > $1,000,0«
THE CHRONICLE.
400
Cotton.
STRICTIiV
Cotton Warehouse Co.,
Atlantic Docks, Brooklyn.
C. B.
50,000 BAI.es.
LOCKWOOD,
Riailroads.
Cotton.
THE
CAPACITY
[September 21, 1872.
President.
JAME3 W. CROXSON,
COmmiSSlON HOUSE.
R. M. Waters
&
(Late Waters, Pierce
& Co.)
Co.,
COTTON COnriVISSION MERCHANTS
AND BANKF.RS,
Treasurer
BUY AND SELL CONTRACTS FOR FUTURE
OAce, Cotton Erchange
NEW
58
Wall
&
Co.,
COTTON FACTOR
Crawford, Walsh,
cominis SIC N hierchant.
Smith & Co.,
132 Pearl Street, New York.
AND
VV'
COMMISSION MERCHANTS,
BOX,
P. O.
H
Mobile, Ala.
L.
,F.
MACLEHOSE.
8.
BROAD STREET, NEW YORK.
.
Factors,
Commission
r.bacco and General
NEW
YORK,
P. O.
Railroad
Box
5070.
Iron,
Importers of old Iron Ralls for re-rolling.
Exchange on Imperial Bank. London.
COTTON
TIES.
Agency In New York for sale of the Arrow,
Buckle and Anchor Ties, manufactured by J. J
Sole
Thos.
SWEKSON, PERKINS & C0.*7A
30 Wall St., New York.
~
UA.
^"°
Pig Iron,
Ten Per Cent Bonds.
Co.,
work accurately fitted to gauf^es and thoroutrh
interchangeable. Plan, Material, Workmansliip
and Elliciency fully ffuaranteed.
Chas T. Parry,
Wm. P. Henzey
M. Baird,
Geo Burnham. Kdw. II. Williams. Ed. Longstretb.
All
ly
Finish
Wm.
P. Converse
54
Advances Made
Montgomery, Ala.
Orleans, La.
J.
H.
Cotton Factors
Pine
St..
EDWARD
WILSON,
Co.,
dc
New York. Ai?ent
WIS9LOW,
F.
Pres. St,.L.& S.E.R'way
Late Bt. MaJ. Gen., U.S.A.
ON
Consignments of Cotton and other
Wilson,
Produce,
No. 70 WILLIAM ST., NEW YORK,
To Messrs. FRED. HUTH & CO., LIVERPOOL,
WM. P. CAMPBEI^L,
N. 206 SOUTH FOURTH STREET, ST. LOUIS, MO.
87 Pearl Street.
&
Winslow
Brothers,
Co.,
PHILADELPHIA.
Street,
so
Lehman, Dttrb &
&
M. Baird
See,
WORKS
BAI.OWIM IiOCOmOTIVE
Swenson, Perkins & Co.,
AND tlVERPOOIi.
Wall
New York.
Co.,
COPPER,
RAII.S,
438,000
'
&
Bro.,
New York.
SPKI.TER, TIN, I,EAD,
NKKEIi, BISniTTH,
BONDS.
State of Texas
Pope
J.
i%92 Pearl Street,
McCorab, Liverpool, England, for baling Cotton, Moss,
Wool, etc.
Acres Laud In Texas, for sale by
Lehman
Co.,
BROADWAY,
62
Bills of
Advances made on Consignments to
New
No.
Orleans.
nierctaants,
*
&
Gilead A. Smith
BARTHOLOMEW HOUSE,
BANK, LONDON
State of Texas Seven Per Cent Gold Bondj.
LaflXAN. Abraham
t and undertake a
most approved makers.
Lessees of Danville, Pa., Iron Works, makers of
Light Rails for C611icries and Narrow Giiage Koads.
Robt. L. MaitlandSc Co.,
Ii:«NDON
"
ton Kngland.
Supply all Railway E^
Railway business genei-ally.
Steel Ralls of
ALEXANDER H.vtTLAND.
Cotton
lionds and Negotiate Loans on
Railways.
mPORTERS OF
In Ports of Neiv York and New-
Kefers by permission to C. N. Jordan. Eaq., Casbler
Third National Bank, Now Vorls:; Messrs, Howes &
Macy, Bankers, 33 Wall street. New York.
43
Bn; and >ell Railway
Gen. Pdrtuer.
Of Moutgoinery, Alabama.
No.
Co.,
COK. OF WILLIAM ST.
GENEHAI. RAII.VTAY AGENTS AND
niERCHANTS.
3909.
New Orleans,)
Farley, {Late of
ST.,
"
NEW YORK.
Street,
CEDAR
41
&
Kennedy
S.
J.
The BowllnK Iron Company, Bradford England.
'
Tlie West Cumberland HeiinatUe Iron
Oo., Working
Walsh, Smith,
Crawford
YORK.
Farley,
H- W.
DELIVERY OF COTTON.
Building,
KXHNEDT. OENST H. BAKKB. JOHNS. BABhAB
B.
Iron Ralls, steel Ralls, Old Ralls,
Bessemer Pig Iron, >crap.
Steel Tyres, Boiler Plates, &c
AGENTS FOR
No. 56 Broad Street,
RATES MODERATE.
JOUN
REPORT UPON, Build, Manage ane Equip
AND
Ross, Roberts
commssioN merchants,
Negotiate Loans and
(Near Wall.)
133
&
135
PEARL STREET,
niPORTEHS AND COMMISSION MKRCIU.NT*
sdwabd
Iron Ties.
BDWtN
&
Flash
GRAVES
A.
St.,
&
IT South
WUUam
W.
Seaver
&
—Alio—
\'
Importers of Bio
St.,
NEW YORK.
Jacob
arias of Cloth.
BUFFAfiOTCOTTON PLANT, PALMSTTO
AND DIAMOND.
COTTON AND PRODUCE BROKERS,
53 Stone
BOSTON.
C. D.
Jewell, Harrison
27
BTe..
C.fTe..
y^
&
Polhemus,
A!anufactnrers and Dealers in
Commission Merchants,
COTTONSAILDUCK
And
VAN WAGENEK.
&
all
kinds of
COTTON CANVAS, FELTING DUCK, CAR COVER
ING, BAGGING. RAVENS DUCK, SAIL TWINES
ONTARIO" SEAMLESS BAGS,
&C.
••
"AWNING
Co.,
oonmssioN merchants,
STRIPES."
Also, Agents
WATER STREET, NEW YORK,
United States
A
full
supply
all
Bunting Company.
Widths and Colors always In stock
No. 143
Dnane
Street.
iPnre Lard jPacked for urest Indies,
South American and European
Markets.
BOVISION DEALERS, COTTON FACTORS AND
MANUFACTURERS OF LABD OU,.
Co.,
OFFICE AND WAREHOUSES:
M. K. Jesup
&
BROKER
IN IRON,
WALL STREET, NEW YORK.
Company,
BANKERS AND MERCHANTS,
LIBERTY STREET
Maeotiate
Bond, and Loans
for
_
Railroad Cos.,
.
Contract for
iron or Steel Rails, Locomstlves,
Cars, etc.
and undertake
allltnsiness connected
with Railmrar
OHAUNOIT TIBBABD,
ALBX.
BHEBSOir FOOTB,
F,
P18KI
Vibbard, Foote & Co.»
40 BROADWAY, NEW YORK.
Steel RaiJs,
Iron Rails,
Old
George A. Boynton,
70
&
kinds-
GOLD STREET, NEW YORK.
gg
Co.,
all
Manufacturers of Wrought Iron TubM, Lap Wold
Boiler Flues, Gas Works Castings and Street
Mains, Artesian Well Flpei and Tools,
Gas and Steam Fitters' Tools, Ac.
IS
Brinckerhoff, Turner
COTTON
AS. JEWELL. S.D.HARRISON,
for present and future delir.
Agents for following nagging Mills.
Bny and sell Contracts
Graves,
of
Pascal Iron urorks, Philadelphia.
York.
flash.
sell Securities
M Morris, Tasker
BacKlns, Rope,
New
RAILWAYS.
& Coi^\
91 Front Strett,
Rails,
AND
RAILW^AY EQUIPMENTS.
@FedFRASER