Full text of Commercial and Financial Chronicle : September 28, 1878, Vol. 27, No. 692 [Copy 1]

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(

HUNT'S

MERCHANTS’

MAGAZINE,

% We^hIh ^euripaper*
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

YOL. 27.

SATURDAY, SEPTEMBER 28, 1878.

-

CONTENTS.
THE

pressure of the
ments must rest on the banks.

CHRONICLE.

The Banks snd their Burdens
315
Fiat Money and Internal Improve¬
ments
316
The Afghanistan Difficulty
518
The U. S. Treasury Statement...
313
....

THE

tion, the chief

Latest Monetary and Commercial
English News
319
Commercial
and
Miscellaneous
News
321

Money
y Market, U. S. Securities,
Railway Stocks, Gold Market,
Foreign Exchange. N. Y. City
Banks, Boston Banks, etc
322

Quotations of Stocks and Bonds... 324
Investments, and State, City and
Corporation Finances
330

333 I Dry Goods
33-3 Imports, Receipts
337 I Prices Current

338

and Exports

339
340

Xke Chronicle.

The Commercial

and

news up

on

Salur

to midnight of Friday.

TERMS OF SUBSCRIPTION-PAYABLE

ADVANCE:
$10 20.

For One Year, (including postage)
For Six Months
do
6 10.
Annual subscription in London
(including postage)
£2 6s.
Six mos.
do
do
do
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Subscriptions will be continued until ordered stopped by a written order, or
at the publication office. The Publishers cannot be
responsible for Remittances
unless made by Drafts or Post-Office Money Orders.

national

policy which a few
hence it will probably he more difficult to under¬
our

show how much the banks have lost during that
The whole losses of the six months amount to
145.

losses
IN

of

years
stand than it is at present.
The statistics of the Comptroller consist of two
parts.
In the first he gives the results of the dividend state¬
ments of all the national banks in the United States for
the half year ending March 1st, 18*78, so far at least as
to

Financial Chronicle is issued

day morning, with the latest

the difficulties

GAZETTE.

THE COMMERCIAL TIMES.

Commercial Epitome
Cotton
Breadstuffs

on our

restoration of specie pay¬
Why this very time of
opportune for an attack

should be chosen as
banking system, in Congress and elsewhere, is one

pressure
of

BANKERS’

NO. 692.

time.
$10,903,During the corresponding half year of 1877 the
were $8,175,960 and in
1876 $6,501,169. It will

thus be

seen

that the losses of the banks have increased

during these three periods. For the second half year,
ending September 1, 1878, the statistics are not all in, and
it is impossible to state their total
aggregate. Through¬
London Office.
out the United States the losses
The London office of the Chronicle is at No. 5 Austin
charged off by the
Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.
national banks during the two years ending
September
Advertisements.
1st,
Transient advertisements
1877,
were
$39,652,613,
or
nearly 20 millions a
published at 25 cents per line for each insertion,
but when definite orders
given for five, or more, insertions, a liberal dis¬
count is made.
year.
It
is
estimated
that
for
the
three years the aggre¬
No promise of continuous publication in the best
place can be
given, as all advertiser must have equal opportunities.
Notices
Special
in gate will exceed
$60,000,000, even if, contrary to expec¬
Banking and Financial column 60 cen's per line, each insertion.
william
dana,
l
WILLIAM B. DANA & CO., Publishers,
have lost less during the past six
tation,
the
banks
JOHN
Floyd, jr. f
79 & 81 William Street, NEW YORK.
months than the average of the * previous half
Post Office Box 4592.
years.
What
is
certain
is
that
£3$ A neat file-cover is furnished at 50 cents; postage on the same is 18
during the two and a half years
cent8.
Volumes bound for subscribers at $1 50.
For
complete set of the Commercial and Financial Chronicle— comprised in the Comptroller’s table, the losses reported
July, 1865. to date—or of Hunt’s Merchants’ Magazine, 1839 to lb7J, inquire
by the national banks amount to a total of $50,555,758.
at the office.
But for the ample capital and surplus of our
The Business Department of the Chronicle is
banking
represented among
Financial Interests in New York City by Mr. Fred. W. Jones.
'
system it is obvious that the stability of the financial
situation might have been seriously
compromised, and
THE BANKS AND THEIR BURDENS.
the public confidence shaken by such a heavy and con¬
In Congress during the coming winter our
banking tinuous pressure and drain.
system will probably be the subject of prolonged and
The second point set forth by the Comptroller is as to
violent discussion, and the Treasury
reports will be the relative losses suffered by the banks in the country
scrutinized for facts and statistics.
Already there are and by the banks in the chief financial cities. It has
indications that, by the Secretary of the
Treasury and often been remarked that a movement of decentralization
other officers, special efforts will be made to meet the has been
developing itself in our hanking machinery
public expectation, and to supply abundant data for the during the last five years. Since the panic of 1873 the
information of the people and of the National
Legisla¬ hanks of certain great financial centres appear to have
ture.
We have received from the
Comptroller of the in some respect diminished in their relative importance,
Currency a table compiled from the recent reports of and their loss has been the gain of the country banks
the banks, which analyzes some of the losses incident to and of other central
cities, especially in the West. To
the banking business
during the last three years. The this movement in part has been ascribed the decrease in
complete details will of course be given by Mr. Knox in the aggregate losses reported by the hanks in some of
the annual report to
Congress, but the statistics he has the cities and the increase in others. In Baltimore, St.
already compiled have a special value. Among their Louis, New Orleans, and New York, for example, the
other uses they serve to illustrate the
principle so often losses in 1877 and 1878 are smaller than those incurred
expounded in The Chronicle, that in the United States, in 1876, while in Boston,
Philadelphia, Chicago, and
as in all countries after a
period of paper-money infla¬ some other cities, the amounts reported are larger than
-

...

are

are

s

b.

G.

a




•

316
in 1876.

THE
These and other

points

are

CHRONICLE.

illustrated by the

subjoined table

: •
of the Comptroller of the Currency, showing the Amounts charged off
by National Banks, in the Cities named, on account of Losses during the
years ended September 1, 1876, 1877, and 1878.

Statement

Cities.

1876.

Boston
New York

$1,598,722 68
6,873,759 97

$2,192,053 81
4,247,941 66

97,014
152,978
333,851
876,207
10,828
519,701
59,103
102,210

60,744
333,248
289,466
200,597
43,105
286,259
35,843
506,827

Albany
Philadelphia
Pittsburgh
Baltimore

Washington
New Orleans...
Louisville
Cincinnati
Cleveland

10
14
56
32
36
41
79
45

52.308 93

Chicago

395,312 25

Detroit

Total losses in above 16 c'ties..
Total losses by banks in U. S

$9,163,358 50
19,933,587 99

98
63
30

51

368 915 99

33,(11
338,496
235,526
80,030

53

90
05

73

222 908 28

915,0S4 14
134,617 01

17

..$11,727,477 37
19,719,025 42

San Francisco

5,147,319
273,389
561,676
419,036

09

59
31
2.8,910 13

.

$2,490.197 46

79
47
59
74
44
47
06
31

43,442 92
357,218 45
203,119 20

;

1878.

41,088 86

663,597
23,593
23,129
296,951

51,619 84

Milwaukee....
8t. Louis

'

1877.

74,953 53

'

171,456 66
52,903 91

$11,520,129 71
*10,903,145 14

*

For the six months ended March 1, 1878, $10,903,115 14,
making
$50,555,759 55 of lo-ses charged off for the 2^ years from Sept. 1, 1875,
to March 1, 1878, by all the national banks in the United States.

These statistics

much

complete than those
given in the previous reports of the Treasury on this
subject, and they would have been still more interesting
and useful if the

are

of loss could have been

sources

fifty millions have been lost by the national banks,

the estimate is that the losses in the other
parts

of our
It has, there¬

banking system have been equally heavy.

fore, been stated that one hundred millions in the
a&gregate have been lost by the banks of the United
States during the thirty months which
expired last
March. And what is still more important, these evils
have accrued from causes which are still in
operation.
The losses are still going on and
increasing. We
suppose that neither in Europe nor in this country have
the losses of the banking business ever
previously
reached an average so high as the
percentage above
shown, and yet many indications are visible of the
unremunerative results of the banking business in
France, Germany, and England, as in the United States.
When the process of resumption is completed
here,
there is

believe that the pressure upon our
banks will somewhat relax. But, for a long time to
reason

to

come, these institutions must expect but little mitigation,
and in view of this probability it is not
surprising that a

considerable number of banks in the country, as well as
in the large cities, are closing or contracting their busi¬

Prominent among

ness.

ana¬

the recent illustrations of this

it will be impossible tendency is the action of the Merchandise Bank of Bos¬
for this information to be given, but one important fact ton and.of the Bank of New York, in ’both of which
institutions the stockholders have this week voted in
is stated by the Comptroller,
namely: that of the
favor of a reduction of their capital.
In Chicago and
$10,903,145 which have been lost by the national banks
other cities of the West, the same movement is going
throughout the country, more than 25 per cent has been
lost by the depreciation in value of the United States on, and in the New York Clearing House, as we recently
bonds held for circulation. The actual amount so lost showed, the official reports of the banks exhibit a
decrease since 1875 in the capital of $19,979,009, and
by the banks is $1,913,157 during the half year. The
in surplus of $10,773,500, making the total decrease
bonds estimated at present quotations are worth
nearly
two millions less than was paid for them when the bonds $30,752,500 in capital and surplus, or nearly thirty-five
in this city alone.
were purchased by the banks.
What other shrinkages per cent
It
has
long been one of the acknowledged advantages
in investments there may have been
charged off we do of our
banking system that the aggregate capital
not know, nor have we the statements of the net earn¬
ings, of which the report is not yet made up, the state¬ engaged in it has been so large in proportion to the vol¬
ume of
business done.
A favorable comparison with
ments not having as yet been tabulated.
Last year the
ratio of earnings of the whole of the national banks in English and other foreign banks has often been made,
and it would be well if the depletion of our banking
capital and surplus was 5*62 per cent, and the Comp¬
But this seems impossible
troller estimates that the ratio for the year 1878 will not capital could be stopped.
while, as a result of the losses above detailed and of the
be greater than for the preceding year.
prolonged depression of general business, a large amount
At the present moment any statistics on this
subject of national bank shares all over the
country are paying
will be useful and appreciated. The Comptroller has
smaller dividends to their owners, and more than onedone well to give them prompt publication. They will
help
tenth of the national bank shares in the United States
to correct mischievous error*, which
prevail so widely, are
paying no dividends at# all. This fact is illustrated
as to the real
position of the banking business in this
table:
country and of the pressure under which it is laboring. by the following
NATIONAL BANK CAPITAL WITH NO DIVIDENDS. 1876-77.
Six mos. end'g Six mos. end'g Six mos. end'g Six mos. end'g Fifty millions of dollars, as wre have just seen, is the

lyzed and reported.

-

more

If

fVcL XXVII.

We

presume

"

of the losses which the national banks have
tained in the brief period of two years and a half.
amount

the national banks
and beside them

we

are

some

have

more

two thousand in

sus¬

Geographical Mar. 1, 1876.
Divisions.

But
number,

than four thousand other

banks

doing business in various parts of the country. The
distribution of the various banks throughout the
country
will be seen through the following table, which will not
only illustrate our argument, but it will also tend to

No.

New England... 26
Middle States. 56
Sou til’n States 29
West’n States. 113
Pacific

Sept. 1, 1876.
Mar. 1, 1877. Sept. 1,187T.
Capital. No.
Capital. No. Capital.
$7,700,000 25 $8,150,000 35 $9,085,000

Capital. No.
$3,777,000 32
10,700 020 64
4,135,000 34
14,778,300 129

16,185,725 73
4,399,000 27
13,873,000 106

12,7 (2,' 00 92
3,720,0 0 30
14,99 ,000 118

15,573,200

4,236,000
10,737,000

States

& Territories. 11
United Sta es..235

900,000

14

1,950,000

14

1,750,000

13

1,535,000

$34,200,320 273 $44,057,725 245 $40,152,000 283 $11,166,200

It is

hoped that when the reports of the banks are all
in, and the Comptroller has tabulated them for his
expose the errors of those who think that the national
annual report, he will give to such parts of them as com¬
banks are more numerous than the private -and other
plete the exhibit of the losses of the banks, the same
banks in this country:
publicity which he has already accorded to the important
NUMBER OF RATIONAL
OTHER BANK8
STA1ES.
AND

IN THE UNITED

National
State
Bunks.
Banks.

Savings

Private

Banks.

Banks.

statistics which

Eastern States

531

46

*445

96

1,118

Middle States

633

282

*170

652

1,737

Southern States

177

217

t...

314

708

Western States

717

403

* 32

1,525

2,677

2,587

6,240

Total
*

2,058

948

647

These arc savings banks proper, organized for the benefit of
States it is impossible to separate them from those

some

holders.

t Included in State banks and private bankers.




we

have examined above.

Total.

depositors. In

benefiting stock-

FIAT

MONEY

AND

INTERNAL

IMPROVE¬

MENTS..
If

issues of

greenbacks are made, it is obvious
that some plan must be adopted for getting them into
circulation; either the government must lend them,
with or without security, as a bank would; or customs
new

September

28,1878.]

317

THE CHRONICLE.

abolished, and other taxes, new* notes government will protect the notes from depreciation*
being printed instead with which to pay current It never yet was so; invariably ftie “fiat” has been
expenses; or the government must pay off the bonds extended, out of compulsion, to declaring that the notes
with them; or get up a war, in order to create a special are good money and those who refuse them for com¬

duties must be

supplies, or else make wholesale purchases
of material in preparation for war; or it must go exten¬
sively into the business of prosecuting internal improve¬
ments, or give the notes outright to its dear children,
the people.” Advocates of more issues have often
been challenged to say specifically what method of dis¬
tribution they proposed, but they have almost uniformly
declined to hear the question. For the sake of “ labor,”
however, it has been generally supposed that internal
improvements would be the favorite method, and now
an
active Greenbacker, an editor, has sketched so
characteristically the programme he and his followers
propose that we give it in his own words:

demand for

“

“The Greenback

Party will elect a Congress which shall issue $1,500,000,000,
money in a vast system of internal improvements.
The
Erie Canal will be widened so as to admit sea-going vessels, and will be
extended from Toledo to Chicago. Western grain will then be exported to
Europe at a cost of twenty cents a bushel, instead of the present eighty cents
a bushel.
The Mississippi River will be widened as far north as St. Paul.
The southwestern Territories will be traversed by railroads, which shall open
up the resources of the land, while the land itself will be given freely to who¬
ever will till it.
For three years $500,000,000 will be issued by the National
Government and paid to laboring men. There will be no such thing as an
unemployed laborer. Production will increase, business enterprises wi 1 be
stimulated, money will be plenty, and prosperity will return.”
And these greenbacks will never be redeemed ?”
“No, never. They Will exist as capital in the internal improvements of the
country. They will represent the labor that has p oduced t'nose improve¬
ments. More than this, they will pay themselves back a hundred-fold in the
commercial prosperity which those improvements w 11 produce.”
and shall

spend the

“

This programme is worth the attention of all people
who have yet control of their reason, and particularly of
those who, in their disgust with “ politics,” have thus
far failed to

see

the force of the

necessity for paying

unusual attention this autumn to the character of nomi¬
for

We would most earnestly commend
in the above statement.
concerned the intrinsic merits
of'the particular works proposed, or the advisability of
having government undertake the work of construction,
we should say nothing at present, because it is plain
enough, in the nature of things, that transportation
works undertaken by government would be such as
private capital would not meddle with, and because the
abstract question of policy is one we have often dis¬
cussed.
The project is, to get more money into circula¬
tion, to give employment to labor, and to construct
valuable works, all by a single stroke ; on its face, it is
attractive, but, waving all objections to the policy of
issuing more greenbacks, can it be carried out ? In
effect, the idea is that these works can be built without
cost—in other words, that something valuable can be
created out of nothing. Undoubtedly, the works would
have some intrinsic value, just as every unprofitable
railroad in the country has ; but- they wou d cost
labor, just as every such road does cost it.
The
notes would be of value to the laborer only in their
purchasing power. Now, it only needs one weak link
to make a chain part in two, and in the fact just stated
lies the failure of the plan.
The act of June 30, 1864,
gave an express pledge that the total greenbacks should
never exceed 450 millions, and the act of June 20, 1874,
gave one that they should not exceed 382 millions. The
first issues of the new fiat money, breaking the old
pledges and publicly abandoning all idea of ultimate
payment, would send the value of the paper tumbling
down, and the paper prices of all materials shooting up,
so
rapidly that the laborer soon might as well be paid in
autumn leaves.
Of course, this will be disputed; the
assertion will be made that the stamp or “ fia^” of the
nees

Congress.

it to all persons included
If the question raised




modities

public enemies; then come more “ fiats”
fixing the prices of necessaries, and finally the scenes of
are

trouble in which ended the American and the French
irredeemable money of
the present greenbacks

the last century. It is true that
had and still retain purchasing

but they met a different state of things from the
present—they found a place in circulation which they
filled, and they were promises to pay, which had and still
have a definite prospect of fulfilment.
Evidently the only use of money is to spend it, and
each person accepts the greenback in exchange for what
he has to sell, simply because he knows others will simi¬
larly take it from him. It has no intrinsic value, but it
has an exchangeable value, out of the expectation that it
will be paid.
If the government fiat can make a piece
of paper valuable and good money by stamping the
words “one dollar” on it, it can just as well turn the
paper into a loaf of good bread by stamping it “one
loaf,” or it can cause crops to spring from the ground
by the simple formula “ Be it enacted, that there shall be
crops.” Truly there shall.. be if men set to work and
raise them, in accordance with the laws of the natural
world; if not, not. If a government can go on indefi¬
nitely expending by simply issuing its promises to pay,
why cannot an individual do so? Certainly nobody
sells his property to the government for nothing, or is less
particular to see that he is paid than when he deals with
an individual.
If promises were as good as payment,,
there need be no bankruptcies; more than that, there
need be no poverty—we should all be equally rich, for
one man can promise as well as another.
And if green¬
backs v ere to rain down from the sky, so that they could
be had for the picking up, is there a greenbacker outside
the lunatic asylums who imagines they wohld have any
exchangeable value? Yet they would have the govern¬
power;

ment

stamp.

Unhappily, this scheme is unsubstantial. Creating
something out of nothing is not an act within the power
of man, and by laws which exist in the constitution of
human nature nobody will exchange what has cost labor
for what has not.

Mr. Wilkins Micawber tested very

fully the financial theory that promising to pay is as good
as
paying, and the scale on which the experiment is tried
does not affect the result in the least. Fiat money for
internal improvements would expel gold and all movable
capital from the country, run paper-prices far out of
reach, bring a woeful train of miseries, and finally bring
back the specie basis by first sweeping itself into the
rag-bag. The successive stages of its operation in a
country are just as certain beforehand as is the way
arsenic will work in the human system.
Redeemable
paper money has its circulatory value based upon gold
and silver, which cost labor; and if those metals should
be found in such easy abundance that the metallic dollar
cost no more labor than the paper one does, they would
cease to be “ precious,” and some other material would
have to be put in their place as standards of value. The
notion that what costs labor can be got in exchange for
what does not, is simply a notion that the law which
compels mankind to w’ork for a living can be repealed
by act of Congress. Whenever a thing becomes what
we choose to call it, and a declaratory act can make the
wrapper the same as the contents, we can live without
labor and need not insist on being paid; until then, a
prosperity based upon promises which have no fulfilment

318
will be

THE
as

unreal

as a
i

were

“

make-believe.”

CHRONICLE.

Barmecide feast, where the dishes This, of
itself, it will readily be admitted, is sufficient to
arouse the
fury of the Indian Government, and to lead
to

THE AFGHANISTAN DIFFICULTY.
A few weeks ago we had occasion to
rejoice over
peaceful prospect which seemed opened up for
nations by the conclusion of the

the
the
The

Treaty of Berlin.
however, have not ripened quite so
expected, or rather the already disturbed

fruits of that treaty,

rapidly

as was

[Vol. XXVII.

elements have been found
it was generally believed

more

difficult

to

compose

than

they would be. It is simply
absurd, however, to rush to the conclusion, as some are
doing, that because all that was expected has not been
realized, the treaty itself has proved a failure. It is
true that Austria has
experienced unexpected difficulty
in occupying Bosnia and the
Herzegovina; but it is also
true that Austria,
rising to the requirements of the situa¬
tion, is already giving us evidence that she is quite equal

a

fresh outburst of the

spirit in England.
This, however, is not all. Russia is already
projecting
a railroad
which, starting from Tiflis and skirting the
Elbruz mountains, which form a sort of
crescent around
the southern
extremity of the Caspian Sea, will penetrate
and pierce through
Persia, and strike the northern
boundary of Shere Ali’s dominions in the neighborhood
of Herat.
This railroad, it is not difficult to
perceive, is

intended
ment

to be

projects

advance her

war

rival to that which the British Govern¬
from Scanderoon to the Persian Gulf. To
a

interests, at the cost of the Afghan
chief, Russia quite recently sent a special
embassy to
Cabul, headed by General Abramoff. This embassy has
since arrived at the
Afghan capital, and has been
received with every mark of outward favor
by the
Ameer.
Resolved not to be outdone, the
to the task which she has undertaken.
Viceroy of
The Greek ques¬ India sent
a
special
embassy to Cabul, headed by the
tion also remains a
disturbing cause ; yet we see nothing veteran
diplomatist,
Sir Neville Chamberlain.
The
in that to
justify the fear that it may reopen the whole
Viceroy,
in
announcing the objects of the mission, said:
settlement in the East.
These are to insure the
prospect of a lasting peace with
But the difference which occasions most uneasiness is
Afghanistan
with
and
Russia; but in no circumstances
that which has arisen between the Government of
Brit¬
will an alliance between Russia and the
Ameer hostile
ish India and Shere
Ali, the Ameer of Afghanistan.
to the British Government be tolerated.”
The story of this
Every avail¬
disagreement would take long to tell. able means will be taken to avoid
the
faintest
The remote causes are
possibility
complicated, some of them of a war, but no
compromise
will
be made on this point.
obscure, and not a few of them difficult to explain or War
would be an evil of
infinitely lesser gravity than
understand. The more immediate causes lie on the sur¬
Russian influence in Cabul, which would extend
hos¬
face and are easy of
comprehension. The one fact tility to British
At Alimusjid,
power in India.
which must be borne in mind is that
Afghanistan is at Cavagnari, who was in command of the advanced Major
own

“

“

“

“

the present time the one State which
separates the ter¬
ritory of Russia on the northwest from the territory of
British India on the southeast. Since the annexation
of
the
-

•

*

Punjaub in 1S49, Afghanistan has bordered

British

upon

was

met

escort,

by

officer of the Ameer, who refused to
allow the mission to pass
through the Kyber Pass, and

crowned the
his followers.

an

heights which commanded

the Pass with

territory, and from that time until within recent
Such is the history of the
difficulty which some appear
years the friendship of the Ameer was courted
by the to think threatens again to disturb the
peace of the
payment of an annual subsidy. The withdrawal of that world.
The British mission has of course been
ordered
subsidy did not improve the relations subsisting between
and
back;
arrangements.
are
already being made to
the Government of India and Shere Ali.
During those chastise the Afghan chief, if a satisfactory
apology is
years, Russia, by constant pressure and by repeated not
meanwhile received.
If an apology is not made—if
successes, has been gradually approaching the northern
Shere Ali refuses to explain and make amends for
the
borders of Afghanistan. At the
beginning of the pres¬ conduct of his subordinate—the next
great question will
ent century the distance between the
advanced forts of be as to the attitude
of

Russia. If left to his own
Russia and the advanced forts of British India
was
resources, the Ameer, strong as are his natural positions
1,000 miles. At the beginning of the previous
century for purposes of defense, and brave as are his
the distance had been 2,500 miles. Since the
troops,
Crimean cannot
long
hold out against the forces of British India.
war, such has been the advance of Russia that the
If Russia joins him and affords material
"assistance, of
distance between the two great rival Powers has been
course the
struggle
would
be
prolonged, and might end
reduced to about 400 miles; and
by the conquest and in a war much more
wide-sweeping in its range than
annexation of Khiva and Khokand Russia has
secured that which was
prevented
by the Treaty of Berlin.
for herself an easy
passage, guarded on both flanks, to the
There is, however, no reason as
yet to admit even that
northern frontiers of
Afghanistan. After the annexation war is inevitable. We have no evidence
that Russia is
of Khiva,
negotiations were opened by England and
disposed to take the side of Shere Ali. She could not
Russia, with the view of establishing a neutral zone or at this time
adopt such a course, without alienating from
belt of territory, which should be
equally respected by her the sympathy cf every nation in
Europe. Unless
both. Russia was not
unwilling that Afghanistan encouraged by the Government of the
Czar, there is
should be regarded as such
territory; but England every reasonable presumption that Shere Ali will
insisted that the line of the
repent
Upper Oxus should be the in time, and repudiate the action of his
agent, and that
boundary which neither should attempt to pass. The this latest

negotiations fell through. England, however, has
always
held

that t.he Oxus should be
regarded as the northern
frontier of Afghanistan, and that she could
not allow the

territory of that country,

war

scare

will pass

any other result than a little
excitement.

off without producing
temporary irritation and

bounded, to be interfered
UNITED STATES TREASURY STA1 EM
glance at the map will show that without cross¬
ENT.
The
ing the Oxus, the Russians cannot reach Balkh, which
following statement from the office of the Treasurer for
is the objective point of General
Aug. 31 has been issued this week. It is based upon the
Kauffman; and accord¬
ing to recent dispatches, Kauffman, having embarked actual returns from Assistant Treasurers, depositaries and super¬
intendents of mints and assay offices. The
his troops on that
delay in issuing it
river, is actually moving upon Balkh arises from the time taken in
getting returns from distant offices.
with.

A




so

September 28,

CHRONICLE

THE

1878.]
31.

LIABILITIES, AUGUST

Coin.

Currency.
8

Fund for redemption of certificates of deposit,
Jane 8, 1872
Post-office D^partmeit account

49,275,000 00
867,844 51

1,413,326 90

i $1*413,328 90 Coin,

Tronnnrv

ireasury cmces.....

-j

51 cur>.

14,736,965 02

National banks
3.222,439 41 cur
Fund for redemption of notes of national ba ks

“failed,” “in liquidation,” and “reducing circu¬

lation”
Five per cent r demction
United States notes
National bank notes
.

9,142,230 00

...

fund—
$3,999,496 75 ?
8,131,211 66 f

12,130,748 41
25 25

Secretary’s special deposit account
Currency and minor coin redemption account....
Interest account
Interest acc >unt, Pacific Railroads
Comptrol er of the Currency, agent for creditors...
Treasurer United States, agent for paying interest
.Ton D. C. bonds
Treasurer’s transfer checks ou'.s^nding—
Gold
$489,740 02 f
Silver
3.86o 48

“

...

581,085 35

8,392 50

71,151 56

-493,605 50
1,162,645 92

..

fractional currency

10,637 44
5,209 25
10,140 00
16,130 40

*521,567* 75
*73,689*87

Currency
1,162,645 92
Interest account, L & P. Canal Company
Fund for redemption of national bank gold notes..
Treasurer’s general account—
Special fund for redemption of

9U0 00

1,723 00

Balance

18,838,412 60
Treasurer’s general account—

unpaid
Outstanding drafts

«-

Cal ed bonds and interest
Coin certifica es

....

$9,455,987 84
20,470 60
11,466,409 22

f

44,150,28) 03

Balance, including bullion fund .177,093,224 03
242,186,370 74

$244,693,698 51 $106,899,100 46
31.

ASSETS, AUGUST

Coin.
Gold coin and bullion
Gold tars
S' andard silver dollars.
Silver coin and bullion
Gold certificates
Silver certificates
Old demand notes
National bank gold notes.
Fractional currency redeemed

Currency.
$

$134,548,036 53
9,707.703
14.2:>7,192
20,794,220
4,424,600

1,585,146 00

00

12
00
00

1,720 00
95,602 24
50,674 07
139,016 29
318,368 03
9,206 05
6,7<J3 36
•

...

in silver

Quarterly interest checks paid
Coin coupons paid
Registered interest paid
Unclaimed interest paid
Deficits, unavailable funds.
Deposits held by national bank depositaries

-

60,348,569 65

United States notes;
U. S. notes (special fund for redemption of
fractional currency)
National bank notes
Silver coin received in lieu of currency.
Fractional currency.
Nickels and minor coins
New York and San Francisco exchange...:.
One and two year notes
J

11,760 00

.

660 00

722,492 28
10,132,597 04
68.348,254 36
io,ooo,oro
11,771.109
1,203,689
61,071
1,398.587
151,000

*

00
C8
17
19
c2
00

42 00

Compound interest notes
Interest

on

District of Columbia bonds.....

'

'

67 00

Speak< re’ certificates 45th Congress
Redeemed certif’s of deposit, June 8, 1872.
Pacific Railroad interest paid
7 3-10 notes purchased
’
Coupons, L. &P. Canal Co

24.717 71

16,224 CO
1,460,000 00
8,750 31

$241,698,698 51

$106,899,100 46

igtlouetiivvj! Commcvcittl HntjUsli Items
RATES OB’ EVCH.VNOK AT LONDON AND ON LONDON
AT LATEST DATES.
JSXOHANUK AT

EXCHANGE ON LONDON.

SEPTEMBER 14.

LATEST

ON—

TIMS.

Paris..;
Paris

short.
3

mos.
t;

Berlin

“

Hamburg
Frankfort

as
....

ft*

Antwerp
Amsterdam.
Amsterdam

..

...

short.
3 mos.

Vienna

• •

Genoa

*ft

Naples

(ft

ftft

St. Petersburg.
Cadiz

it

Lisbon
New York

Alexandria

90
....

DATE.

TIME.

25.27%&25.3?tf

Sept. 13.

short.

25.30

25.42%@25.50
20.70 @2t.74

Sept. 13.

short.
3 mot*.
short-

20.52
20.52
20.52
25.31
12.05

@2ft.74
@20.74

ftft

25.52%@25.57J*
12.2% @12.3*
12-4% @12.5%

ft*

ft*

ftft

ftft

11.97%@!2.02%

Sept. is.

@28.Oft
@28.95
@24%
47%@47%
46% @,'6%

3 mos.
short.

Sept. 11.

3

28.00
38.U0
21

m

%

ft*

•

•

BATE.

«

mos.

116.30
17.15

*25%

•

— •

....

•

...

days.
•

...

Bombay

BATE.

SO. 70
20.70

....

60

days.
ftft

Calcutta

Is. 7 k d.
Is. ?%d.

£1,294,729.
very general and, at the same time, just complaint
respecting that vague expression—“other securities.” It includes
loans as well as discounts, and in times like the present the
general public are very anxious to distinguish between the two.
From a superficial view of the present statement, it might be
asserted that trade, instead of improving, had become worse.
Although there has been no material increase in general
business, yet there is no reason to believe that a retrograde
movement has taken place.
So far, the autumn movement has
been disappointing; not because it has declined, but because the
improvement lias been inconsiderable. A prominent cause of
this Is the uncertainty with regard to the rate for money. Five
per cent by itself
might not check an expansion of our
commerce; but the possibility that a still higher rate would have

Sept. 13.
Sept. 11.
Sept.
10.
ftft

69
3
6

days.
mos.
mos.
ftft

4.8v%
96%
is. 8 3-1 ea.
Is. 8%d

as

much,

as

enforced must have

an

adverse effect.

The present

rate^

brought about a healthier state of
things, especially in the Stock Exchange. Even allowing for
the paucity of business which is peculiar to the preseut holiday
season, business is just now remarkably quiet.
Speculation is at
a low ebb,
owing, in a great measure, to the diminished facilities
for borrowing upon stocks.
In fact,* the decline in “other
securities” is due to the calling in of loans, large re-payments to
the banks having been made of late.
In consequence of these
re-payments, the value of Indian and Colonial Government
securities, and of railway debenture stocks, has been declining of
late; but it is now probable that the movement will cease.
Should the rate of interest fall, in consequence of the curtailment
of Stock Exchange speculation, and should there be no solid
revival of commercial enterprise, the probability is that our idle
money will again be employed on the Bourses of Europe, and
there would soon be another derangement of our financial
machinery. Some persons believe that our money market will
be seriously affected by the large exportation of grain fioin the
United States; but previous experience does not warrant that
result.

many

ways

In the first three months of last season, for instance, we

imported wheat to the value of £10,209,000 ; that is to say, we
purchased, 16,333,600 cwt. of wheat at an average price of 12s.
2d. per cwt.
Assuming that during September, October and
November this year we import a similar quantity—and as we
have a larger crop in this country, there is no reason that we
should require more, but rather less—we shall obtain it. owing to
the reduction in price, at an estimated cost of about £8,170,000,
or for £2,000,000 less.
During the past three months we have
imported 12,082,500 cwt., which have cost us £6,897,000, or about
10s. per cwt,; and it seems to be safe to say that we shall obtain,
the produce we require at about that price. As far as cereal prod¬
uce is concerned, we a^e certainly in a better position than we
were last year, and if
we estimate that there will be a saving of
2s. 2d. on every cwt. of wheat and flour we import, the
saving to this country on an importation equivalent to that of
last

will be

much

£6,750,000, or rather more than
sterling per month. It would seem, therefore,
that there need be no apprehensions iu the money market on
account of our imports of cereal produce.
The state of the bullion market is naturally observed with
much anxiety.
During the week embraced in the present return,
the Bank gained on balance, according to the daily rdturns, a sum
amounting to £494,000. The weekly statement shows, however,
an increase of only £460,017.
Coin has been wanted, therefore,
for provincial circulation. Just now, however, farmers and tour¬
ists absorb large amounts of coin.
A good deal ef harvest work
has yet to be completed in Scotland, and even in the north of
England; but all this money will in due course return. Our
principal supplies of gold have been from Paris, the Continental
exchanges having been more distinctly in our favor thi9 week
than for some lime past. The Bank of France still holds the
large supply of £86,340,310 in gold ; but it appears that there is
half

LONDON—

*

by

a

however, has in

5,925,07139

Interest due and

securities” has been diminished

to be

$10,030,090 00
2, 61,341 21

Outstanding draft*

appears that some important re payments of advances have been
made.
The Bank return shows that the total of “ other
There is

Disbursing officers’ accounts—

319

season
a

as

as

million

less demand for

French bills them there

The

supply of
gold held by the Bank of England is now £23,070,289, against
£24,485,351 last year; while the total reserve amounts to £11,177,324, against £1,778,581. The proportion of reserve to liabili¬
LFrom our own correspondent ]
ties is 45 35 per cent, against 42 65 per cent in 1877.
London, Saturday, Sept. 14, 1878.
Annexed is a statement showing the present position of the
The money market has this week assumed an easier
appear¬ Bank of England, the Bank rate of discount, the price of Consols,
ance, but the Bank rate remains at 5 per cent, while in the open the average quotation for English wheat, the price of Middling
market 4£ per cent has been the more current quotation for the Upland cotton,
of No. 40’s Mule twist—-fair second quality, and
best bills, with exceptional transactions at 4£ per cent.
the
Bankers'
Clearing House return, compared with the four
Very
little commercial demand for money has existed, and it also
previous years:

Hong Kong...
Shanghai




•

•••

Sept. 9.
•

ft

ft*
ftft

3s. 9 %</.

5s.

ma.

was.

320

THE
1574.

1875.

1876.

•Circulation, including
£
£
bank post bills
26,637,736 28.317,196
Public deposits

Other

5,045,815
18,902,607

deposits

coin

12,121,530

...

will have

£

£

28.080,410
4,519,919

27,196,231

13,0:4,323

28,796,440
6,289,380
28.271,987
15,222,963
16,023,575

22,730,412
14,174,50.8
19,913,230

4,425,152
19,907,374
13,794,031
17,947,723

15,144,622

21,967,879

11,778,581

11,177,324

28,085,742

34,834.697

24,485,351

2 p. c.

2 p. c.

23,070.289

3 p. c.

5 D. C.

94#

95#

95#

62 80

42 65

13,555.1 JO

Coin and bullion in
both departments
23,364,615
Bank-rate
3 p. c.
■Consols
Proportion of reserve
to liabilities

1878.

£

5,105,632
23,055,182

dovernment securities. 13,-31.376
Other gecurities
16,983,031
Reserve of notes and

1877.

CHRONICLE

95
45-35

English wheat,av. price 47 s. 2d.
48s. 6d.
4Cs. 8d.
60s. 0d.
45s. 4d.
Mia. Upland cotton...
8d.
7d.
6 1- 16d.
6#d.
6#
No. 40’s mule twist,fair
2d quality
Is. 0&U
10 Y d.
ll#d.
lOd.
10#d.
Clearing House return. 123,693,000 107,799,000 72,399,0 CO 77,868,000 77.713,000
Some sovereigns liave been withdrawn
during the week for trans¬
mission to the Bn zils, but the bar gold received
from Paris and from

Berlin has been sent into the Bank.

The

exchanges at the close
of the week are quite as favorable as
they were at the com¬
mencement, and it is believed that further supplies will be

received.

The silver market has been
very dull, and the price of
fine bars is only 5Hd. per ounce. Mexican dollars are in
good

supply, and the quotation for them is nominal.
are the prices of gold:

The

gold.

Bar Gold, fine
Bar Gold, refinable

per oz. standard.
per oz. standard.
per oz., nominal.
per oz.
per oz.
per oz.

•.

{Spanish Doubloons

South American Doubloons.
United States Gold Coin
-German gold coin

following

b.
d.
s. d.
77 9 @
77 10#@
74 6 @74 9
73 9 @73 10
....

to

[Vol. XXVII,

review the past,

are, so as to enable

with

a

view to

see

what their

errors

them to

guide their future course. They
may rest assured that all agitation with the object of
making
goods dear is the road to ruin, and the sooner they take a more
practical view of the situation, the better it will be for them. It
cannot be doubted that there is
just now too much capital
embarked in the trade. 3 he productive
power is too great, and
hence much caution and
judgment are necessary. Two elaborate
papers have been delivered: one on over-production by Mr. Sam¬
uel Morley, and the other on diminished
production by Mr. John
N. Morley. The former gentlemen wrote the
following letter to
the president on the
subject of trades* unions :
The opinion I wished to express was that while I
believe
trades’ unions have done
good service in. bringing work-people
to act unitedly, and so in
many districts they have ceased to be a
rope of sand,’ and have thus been able to insure better and more
just consideration from employers, they have, by transferring all
negotiations as to wages and conditions of work to middle men,
who have often no connection with the work
generally—none
whatever almost always with the
particular employer,—altered
materially the characrer of the relationship between the two
classes. There is, I fear, ceasing to be the
intimacy between
masters and men which existed some
years ago.
Speaking for
my own manufactory, we know scarcely anything of the men who
have
“

4

come into our service of late
years, because strangers nego¬
tiate most of the arrangements which are made.
I believe this
is a misfortune for both parties.
Then as to the less number of
hours for work.
I am clearly of opinion that unless some differ¬

ent

arrangements

are made, involving some concessions, the
English manufactures will gradually diminish.
The weekly sale of bills on India was held at the Bank of
Unhappily, in spite of Mr. Brassey and others, we know to our
Eng¬ cost that some markets for certain
classes of goods are gradually
land on Wednesday, £350,000
being allotted, of which £260,400 closing to us; and while this is
perhaps
to be expected, I feel
were to Calcutta and
£89,600 to Bombay. The price obtained was anxious before it is too late to try whether I can induce
repre¬
about Is. 7£d. the rupee,
showing a slight improvement compared sentatives of both sides who have influence to meet and consider
whether some amendments in our methods of
with last week.
conducting these
negotiations,
and other points seriously affecting the interests of
Annexed are the current rates of discount at the
principal the men, could not be brought into action. English manufac¬
foreign markets :

76
76

3#@
3#@

....

demand for

tures cannot be consumed in

Bank

Open

Bank

rate,

mark’t.
p. c.

Open

rate,
p. c.
6

mark’t.

p. c.

'Pane
Brussels
Amsterdam

3

3#
3#

Berlin/

.

Hamburg

5

5

Frankfort

5

Leipzig

5

Genoa....

5

Geneva

3*4

1#
3*4
3

3#
3#@3#
3#@3 %
3#
4#
3#

St. Petersburg
Vienna and Trieste...
Madrid,Cadiz and Bar¬
celona
Lisbon and Oporto....
New York
Calcutta

Copenhagen

.

p. c.
5

4*
6@7
6@7
3@4

..4#@5

4#@5

ble for the future of
some

changes

are

England alone, and I

confess I trem¬

large numbers of English workmen unless

made.”

Owing to large importations, the trade for wheat has been dull
during the week, and firmer prices have been with difficulty sup'
ported. The wheather has been favorable for the completion of

harvest work.

During the week ended Sept. 7, the sales of English wheat
principal markets of England and Wales amounted to

in the 150

have already 55,455 quarters, against 36,953 quarters last year; and it is estistated, a very quiet tone has been apparent; but the influx of \ mated tbat in the whole Kinedom they wtre 221'82° <luarter8>
gold from the Continent and the easier tendency of the
On the Stock

Exchange during the week,

market have been productive of

as

we

money

a^ain8t
147’833 fluarters in 1877. Since harvest, the deliveries in
150

principal markets have been 88,859 quarters, against
quarters; while in the whole Kingdom they have been
improvement in prices is apparent. The more prominent feature
has been a demand for
Egyptian stocks. Uncertain as is the 355,500 quarters, against 225,200 quarters in the corresponding
financial future of Egypt, a favorable
opinion is still held with period of the previous season. The small deliveries at this period
regard to those securities, and it has been strengthened by a in 1877 are due to the deficiency of the crop and to the lateness
report that Mr. Rivers Wilson has had seme interviews with an of the season. Without reckoning the supplies furnished exeminent firm of capitalists here with a
view, it is supposed, to granary, it is estimated that the following quantities of wheat
and flour have been placed upon the
the introduction of a loan at as
British markets since
early a date as possible. As
usual at this period of the
since
Aug. 24;
year, business is upon a very limited harvest, viz.,
1878.
scale.
1877.
There are few investors; and speculators are
1876.
1875.
compelled
cwt.
cwt.
cwt.
cwt.
to operate with caution.
The autumn weather is, however, brill¬
1,878.433
1,790.345
1,515,776
3,367,972
184,785
124,747
154,451
iant, and the traffic on our railways is satisfactory. British
279,331
1,540,250
975,730
1,589,834
1,178,820
railway shares have, in consequence, been improving in value to
Total
2,920,526
a
3,228,407
4,825,623
slight extent, any important rise being checked by the quietness Exports of wheat and flour....... 3,603.528
100,635
53,774
33,923
6,890
more

firmness, and

a

slight

J 56,292
e

-

of trade.
fair

For

United States Government securities have attracted

a

degree of attention, and their value has somewhat improved.
railroad bonds, the market has also been firm.

There has been a meeting this week at Bristol of the
Trades*
Union Congress, and it has been
largely attended by delegates

from various parts of the
country.
that by lessening production

It has been sought to establish
higher prices will be obtained, and
the operative classes will thus
enjoy higher wages, with the
advantage of less work. It need scarcely be said how delusive
this is. The operatives and their so-called friends
argue as if
there was ho foreign
competition ; but as time passes by, they
will find

out

their

error

to

their cost.

trade-—at all events as far as
wise for a farmer to say, I shall

In these times of free

England is concerned—it

is not

Aver, price of Eng. wheat for

season

3,502,893

2,866,752

45s. 6d.

3,194,484

61s. 3d.

46s. 3d.

4 818,733
48s. lid.

The

following figures show the imports and exports of cereal
produce into and from the United Kingdom during the first two
weeks of the present season,

period in the three previous

compared with the corresponding

years:
IMPORTS.

1878.
Wheat

Barley

1877.

1876.

1875.

1,790,345

1,515,776

143.588

270.612

1,007,875
154,451

3,367,972
245,016
579,757
2S,540
135,746

2,233,771
122,747

1,059,929
273,231

Oats

Peas

99,598

Beans

Indian Corn.
Flour

r

1,671,333
184,786

EXPORTS.

223,297

239,950

839.997

547,737
61,271

36,599

less wheat, and fewer pota¬ Wheat
51,9°6
29,815
toes &c., and I shall thus make the
5,835
consumers pay for my
Barley
804
551
8-1
fancy. Oats
The same
4,692
799
1,252
reasoning only requires to be applied to our manufac¬ Peas
852
500
174
499
turing industries in order to show how great the delusion is. Beans
225
654
119
2,194
Indian Corn
6,593
26,934
7,321
The country at large, and the
4,511
manufacturing classes in particular, Flour
4,021
1,778
4,078
1,065
must not blind themselves to the fact that
competition is severe
The following return shows the extent of our
importations of
and is increasing year
by year, and that those who can produce wheat and flour into the United
Kingdom during the past season,
the best article at the lowest
price will win in the race for com- viz., from September 1, to August 31,
inclusive, compared with,
anercial supremacy which has commenced. The
working classes the three previous seasons :




grow

FOREIGN IMPORTS AT NEW YORK

WHEAT.

Wallachia

Egypt

1.895,193
2,758,008

725,994
657,759
469,095

705,462

257,914

1,262,173

562,113

3,880,152
1,578,602

2,914.720
5,164.675
1,709,034

4,489,028

54,135,041

45,098,205

53,590,501

43,969,285

872,410

...

Briti-h India
Other countries
Total

963,340

1,519.647

and

Moldavia

Total

2,801,331

1.238,841

.

349.085

2,367.031
320,743

2,195,171

1,864.957

1,233,661

8.051,660

6,650,060

6,009,143

5,672,746

1,201,298

Oats
Peas
Beans

Indian Corn
Flour
Total

3,355,319

22,937,019
5,537,230

4,722,659

5,997,099

681,9 9

834.341

10,648,150
5,895,101

1,804,940
11,443,417
4,802,035

1,394,444
7,095.489
4,510,399

64,717,641

55,945,071

55,2:9,175

48,333,021

Cable,

the Bank

"

..

U.S.6S (5-20s) 1867. ...107%
U. 8.10-408
U. S. 5s of 1881.... ..108%
U. 8.4X8 of 1891...
Erie com stock....
13*
Illinois Central....
83%
N. Y. Central
.

..

94 13-16 94 13-16
94 13-16 94 13-16

94 11-16
94 13-16

51%
94%
94 13-16

107%

103%
108%
105%
13%

103%

103%
108%

108%
108%
105%
13%

103%
105%
13%

83

83

34%
16%

105%

105%
13%

13%

83%

83%

34*4
16%

34%
16%

83
•

•

•

107%
108%

8.

d.

8.

0

26
9
9
8
8
9
10
21

(extra State).... tfbbl. 23
Wheat, spring, No.l 9 103 lb 9

FI

mr

do
do
do
do
do

8

No.4
“
do
winter W. new “

9 3
8 6

Southern, new. M

8

8

Av. Cal. white.. “
“
Cal. club.

9
10

9
0

..

..

Corn, mixed soft, old, « qr. 24
do

prime, new

“

3

23 0

d
0
8
3
6
8
9
0
3

Tuee.

:

....

d.

s.

25
9
9

d.
6
7

8.

25
9
9

24

6
8
3
7
9
9
0
3

23

0

22

8
8
9
10

23 0

Wed.

•

3
7
9
9

8

8
9
10
24

Thur.
d.

a.

25
9
9
8
8
9

3

10
24

9

21

0

*

•

•

6
7
3
7
9
9
0

s.

Pork, Western mess.# bbl.
Bacon, long clear....$1 cwi.
Bacon, short clear...
“
$ tc
Beef, prime mess
Lard, prime West.. 38 cwt.
Cheese, Am. choice.
“

d.

48 0
29 6
31

0
0

d.

8.

67
3ti 6 1
42 0
42

Wed.

d.

d.
0
0
0

s.

0
0
6
0
6
0

48
29
30
67
36

Tuea.
48
29
80
67
36
42

0
0
6
0
6
0

b.

48
29
30
67
36
42

0
6
0

48
29
30
67
36
42

3

9

d.
6
7
3
9

9

0

9
10
24
22

9
0
3

9

Fri.

d.

d.

b.

0
0
0
0
0

0

48

0

29
80
67
36
43

0
0
0
0

0

Liverpool Produce Market.—

^

Sat.

Mon.

«• d-

8.

Tallow, prime City.; V cwt. 38 3
Spirits turpentine
“ 23 0
Kosir, common
“
4 9
Rosin, fine
“ 10 0
Per.roien.n, refined.... V ga’
Petroleum, spirits
“
....

3
0
9
0

38
23
4
10
•

Tues.

d.

8.

d.

33
23

3

4

9
0

0

10

Wed.

d.

s.

3
0
9
0

38
23
4
10

Thur.
8.

38
23
4
10

Fri.

d.

8.

3
0
9
0

33
23
4

d.
8
0
9
0

10

a

•

•

•

•

•

•

•

•

•

•

I

1871
I 1870
11869..
| 1868
I 1867
57,974.6051 1866

1875

1874
1873
1872

The

imports of specie at this port

as

follows

;...

during the same periods have

.Curacoa..

Sept. 16—Bark Curacoa
Sept.
Sept.
Sept.
Sept.

....

•

•

•

$55,702,102
49.230,072
36,660,840
66,103,414
42,151,819
53,691,495

:

.Curacoa

16—Schr. M. Reynolds,

16—Str. Colon
18—Str. Crescent City.
20—Str. Andes

.

Amer silver
gold
Amer. gold

$6,394

Amer.

4,628

Amer. gold
Amer. silver
Amer. silver
Amer. gold

300
6C0
1,700

Aspinwall

.Aspiuwall

.Aspinwall

Sept. 21—Str. Bahama
Sept. 21—Str. Hadji...

300

.St. Thomas

Amer. silver

.Laguayra

Amer. silver

Ciudad Bolivar

1,347

1,9G0

•

Commercial and 2$Xisceltattexrns %txas.

1,500

33,220
12,745

Amer. gold
Amer. silver

.

735

506

gold

Amer.

5,607

Foreign gold

432

Gold dust

$11,510,431
4,062,384
9.013,045
4,786,987

3,899.854

The transactions for the

25
9
9
8

Thur.
8.

Same time in-

I

.$23,374,366
40.253,861
63.073,917
43,116,223
42.202.993

1877
1876

Fri.
b.

$25,000

Amer. silver bars.

$25,0 0
10,458,525
silver, and $5,763,140 gold)....$10,483,525

Total since Jan. 1, 1878 ($4,720,395

as

and $4,8<2,125 gold)

silver, and $1,849,890
1871
1870
1869

$2,961,268
7,902,913
8.239,889
11.202,442

1868

5.771,969

week at the Sub-Treasury have been

Customs.

Coin.

$261,000

$267,126 54

23
24
25

319.000

319,217 63

311,000
359.000

74*,305 80
612,017 51

<1

26

434,000

445 730 47

u

27

442,000
$2,146,030

Balance, Sept. 20
“ 27

Balance,

Payments.
—.
Currency

%

Coin.

Currency.

Sept. 21
u

gold)..$15,072,938

Same time in—
1872

Receipts.

W

$71,8!4
15,001,124

and $27,765 gold)

follows:

Total

Mon.

1, 1878, with the corresponding

London

1873

Liverpool Provisions Market.—
Sat.

following will show the exports of specie from the port of
Sept. 21, 1878, and also a com¬

Total since Ian. 1, 1878 ($10,223,048

Liverpool Breadstufls Market.—
Mon.

$254,3T9,539

Same time in1877.
1876
1875
1874

Liverpool Ootton Market.—See special report on cotton.
sat.

$202,785,532

Total for the week ($44,049 silver,
Previously reported ($10,178,939 silver,

35

•

....

$192,029,194

94 11-16
94 11-16

107%

103

$181,909,202

Sept. 21—Schr. Anita.

51%

107%

..

..

51 11-16

107%

..

Pennsylvania
Phila & Reading

Sept. 26. Sept. 27.

9-16

9-16 51

195,357,621

GMd dust

Fri.

Thur.

Sept. 23. Sept. 24. Sept. 25.

95 3-16
account.. 95 5-16

Consols for money

Wed.

186.606,623

Same time In—

been

daily closing quotations in the markets of London and Liver*
pool for the past week, as reported by cable, are shown in
the following summary:

TU08.

177.288,970

$7,543,295
216,836,294

'

($25,000 silver, and
gold)
Previously reported ($4,695,385 silver, and $5,763, HO gold)

4,933,567
5.221.175
565,8f 9

London Money and Stock Market.—The bullion in
of England has increased £361,000 during the week.

1878.

$7,427,911

Total for the week

£

Kasllsti .flarttel Keports—Per

1877.

$5,422,571

Sept. 21—Str. Neckar

28,448,896

1.722.176

1876.

$4,620,232

parison of the total since Jan.

The

Silver, per oz

YORK FOR THE WEEK.

1875.

totals for several previous years:

£

51

our

The

26,959,044

Sept. 21.

$209,063,493-

$5,652,023

New York for the week ending

£

d. 51 9-16

$244,2)2,057

Since Jan. 1

32,241,960
5.839,971
4,538,446
806,5.5
1,141,201
12.850,593
7,268,945

Mon.

$215,371,028

Previously reported....

£

Bat.

$257,912,630

,

For the week

1874-75.

1375-76.

1876-77.

1877-73.

Barley

203,411,470

EXPORTS FROM NEW

718,219
1,683,501
2,287,278
266,961
711,787

seasons:

Wheat

$6,400,133
237,801,924

3,783,775

report of the dry goods trade will be found tli8 imports
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. 24:

return

a

$6,365,551

209.005,477

$1,868,553

of

showing the estimated value of our
imports of cereal produce into the United Kingdom during the
past season, viz., from September 1 to August 31, inclusive,
compared with the corresponding period in the three previous
Annexed is

Total for the week.
$6,292,549
Previously reported.... 251,620,381

In

1,043,246
1,938,361
1,616,590
151,906

1,331,047
93?,912
3,237,645

France
United States
British North America
Other countries

$1,788,917
4,611,216 *

Since Jan. 1

FLOUR •

Germany

1877.

$1,761,973
4,603,573

737,584

1,036,463
1,312,716

61,103

1878.

1876.

$7,877,585
3,914,634

General merchandise...

2,900,563
4,588,436

182,596

France
Chili

Turkey,

16,228,107
1,284,274
3,698,180

FOB THE WEEK.

1875.

Dry goods

8.579,672
23,107,996

9,274,435
22.569,157
3,564,345
4,150,822

10,606,933

5,6)5,897

Germany

Cwt.

Cwt.

Cwt.

8.99J,607
29.444,359
3,5
698

1874-75.
Cwt.

1875-76.

1876-77.

1877-78^is?!a............... .......
Uii ted State*....
British North America

321

THE CHRONICLE

September 28,1878.]

$269,261 31

$476,613 46
646.247 46

568,8 3 78

284 856 27

537,6)9
730.723 04
892,615 59 2,300,803
1,< 0 i,«26 90 1,0 6,250
422,677 11 1,381,705

2,991,271 83 $4,175,503 56 ;
10,940,717 07 46,55?,052 51
18,071,413 41 45,831,635 72

15^860,575

69
0.)
03
10

$641,664 06

1,416.290 99
871,963 26

747.150 95
860,345 59
863,500 47

49 $4,900,920 35

Indianapolis Cincinnati & Lafayette.~The annual report
Iogalls, of the Indianapolis Cincinnati & Lafayette
Road, shows the gross earning's to be $1,399,087; operating ex¬
penses, including construction account, $771,503; net earnings,
$494,388. Twenty-six miles of steel rails have been laid during
the year.
Th« increase of tonnage over last year was nearly six.
per cent, and the increase in net earnings $31,578.

of Receiver

the bonds of

—Notice is given to all persons holding any of
the Southern Pacific Railroad Company that there is now
hands of the trustees under the mortgage the sum of

in the
$100,000,.

gold, which, under the terms

of said mortgage, is applicable to
and the trustees will
of Fourth and
of said bonds*,

the redemption or purchase of said bonds;
receive sealed proposals at Room No. 66, corner
Townsend streets, San Francisco, for the surrender

until the 22d day

of October, 1878.

selling the Chicago
specifically payable in
last week, compared with those of the preceding week, show a
gold dollars of present weight and fineness, report that the
decrease in dry goods and an increase in general merchandise.
remaining $450,000 have nearly all been taken in the last few
The total imports were $5,652,028, against $5,410,240 the pre¬ days at 101 and accrued interest, and that the lew that remain can
Imports

and

Exports por thb

Wkrk.—The imports of

ceding week and $5,085,487 two weeks previous. The exports
for the week ended Sept. 24 amounted to $7,543,295, against
$7,799,543 last week and $8,087,836 the previous week. The
following are the imports at New York for week ending (for
dry goods) Sept. 19 and for the week ending (for general
merchandise) Sept. 20:




—Messrs. Jesup, Paton & Co., the bankers
& Alton 6 per cent sinking fund bonds,

accrued interest.
—The partnership under the name of Miller & Goodwin has
been dissolved by mutual consent.
The business of the general
agency of the Connecticut Mutual Life Insurance Company for
New York city, New Jersey and Long Island will continue to he
conducted by Mr. Philip S. Miller, as general agent, at No. 194

only be had at 102 and

Broadway.

22..339987——VFDinirlestlbaurdg
322

THE CHRONICLE

xsr (Saxcttc.

Range since Jan. 1,1878.
Lowest.

NATIONAL BANKS ORGANIZED.

The United States
Comptroller of the Currency furnishes the
statement of National Banks organized :
National Bank, Pennsylvania. Authorized
capital, $5P,0C0;
paid-in capital, 151,000, Joseph Deardorff,
Cashier. Authorized to commence businessPresident; John W. Logan,
Sept.
18*8.
17,
National Bank of nomer. New York.
Authorized capital, $100,000;
paid-in capital, $55,000. G. N. Copeland,
Cashier. Authorized to commence business President; W. H. C^ane,
Sept. 20, 1873.
National Bank, New Jersey. Authorized
capital, $50,00''';
paid-in capital, $50,000. Benjamin D. Maxham,
President; Thomas H.
Vinter, Cashier. Authorized to commence business
Sept. 25, 1878.

Name

Company.

op

:

When
Books Closed.
Payable (Days inclusive.)

Railroads.

Chic. Mil. & St. Paul pref
Chic R. I. & Pacific (quar.)
Housatonic pref. (quar.l
Union Pacific (quar.)
Utica A Black River

3*4

Oct.

15.
1.
15.

Nov.
v

.

$2

Oct.
Oct.

2

Registered.

Coupon.

State and Railroad

Ronds.—Louisiana consols

having sold here to-day at 74L

There is

bonds from St. Louis, and also

a

$85,984,700
43,345,800
201,798,700
21,424,300
50,285,500
208,750,550
92,622,250
43,719,700

-

are

higher,

demand for Missouri

a demand for
Georgias, Virginias,
Alabamas, from parties at home, indicating a confidence in
respective bonds among tlieir own people.
Railroad bonds are
decidedly active at firmer prices. There
has been increased
strength shown in the prices of nearly all the
leading bonds on the Stock Exchange list, and first mortgages in
particular are much in favor. The few gold bonds
on the list
have been pushed up by the
purchases of jiarties who consider

and
the

DIVIDENDS.
Per
Cent.

Highest.

Amount Sept. 1.

0s, 1881.... cp. 105% Feb. 25 110% June 27
6s, 5-20s,’65.cp. 102% July 22 105%June 6 $190,751,650
48.447.300
6s,5-20s,’67.cp. 104% Aug. 12 108% June 27
6s, 5-20s,’68.cp. 100% Jan. 2 111 % June28 108,815,400
10,041,000
5s, 10-40s...cp. 103% Mch. 1 109% July 29
144,280,800
5s,fund.,’81.cp. 102% Feb. 25 107% July 30 239,089,800
4%s, 1891 ..cp. 101% Mch. 1 105
Aug. 17 157,377,750
4s, 1907
cp. 100% July 1 102% Jan.
9
98.130.300
6s, cur’ncy.reg. 117% Apr. 5 122% May 25
04,623,512

following

Tbp following dividends have
recently been announced

[Vol XXVII.

Oct. 1 to Oct. 15
Oct. 1 to
Oct. 5 to Oct. 15
Sept. 21 to Oct. 2

1

Sept. 28.

the

difference between gold and
currency

bonds

matter of

a

importance —and this sentiment has undoubtedly been stimulated
in some degree
by the comments of the daily papers.

FRIDAY, SEPT. 27, 1878-5

The following securities were sold at auction :
P. HI.
Shares.
Situation.—The
finan¬
Shares.
cial situation is
Penn. Coal Co..l50%@151
essentially unchanged since last week. There 1,000
25 Republic Fire Ins
70*2
20 Bank of Commerce
are some evidences of a
90 Merchants’ Nat. Bank
117%
decrease in the strength of the
121
40 Howard Fire Ins
greenback
105%
37.Manuf. National Bank of
movement in politics, and tlie more
conservative men of both
14 Metrop. Gaslight Co.... 125
Williamsburg
85
parties are inclined to recognize the fact that extreme measures in
100 Manliat. Gaslight Com¬
100 Nat. Trust Co. of N. Y'... 20
pany
issuing irredeemable paper money would he fatal to the best
102%@ 167% 500 Metropolitan Gaslight
Co
20 N. Y. Gaslight Co
80
interests of the country.
Scrip
101
In all discussions upon the possibility
71 Brooklyn City ER ....17S
of further greenback or silver
legislation,
one fact is to be kept
in remembrance,
Closing prices of leading State and Railroad Bonds for two
namely, that a two-thirds majority of both weeks
past, and the range since Jan. 1,1878, have been as
houses of Congress will be
follows:
necessary to pass any such laws, and
such a majority
is not likely to he obtained. This is upon the
Sept. Sept. Range since Jan. 1, 1878.
assumption that President Hayes would veto a bill either for the
States.
20.
27.
unlimited coinage of silver, or for the issue of
Lowest.
Highest.
with¬
greenbacks
out definite provision for their
Louisiana consols
73
redemption
in
coin.
74%
09%
June
8
85
Feb. 11
Missouri
In
Tlie Money Market and Financial

local money market there

our

higher rates

call

on

has been

turn

a

during the past day

or two, and on
Government securities the price is
2@3 per cent, while 'on stock
collaterals the range is
generally 3@4 per cent. Commercial
paper has not changed much, and there is but a
very moderate
supply of prime paper offering, which is
readily
taken at 4@G
per cent, according to the time it has to run.

The Bank of

England statement on Thursday showed an
increase in specie for the week of
£301,000, and a reserve of
49 per cent of
liabilities, against 4GJ per cent the previous
week; the discount rate was left unchanged at
5 per cent. The
Bank of France lost 0,892,000
francs in

specie.
The last statement of the New York
City Clearing House banks,
Issued 8ept. 21, showed a decrease of
$343,450 in the excess
above tlieir 25 per cent
legal reserve, the whole of such excess
being $12,535,200, against $12,878,650 the previous week.
The following table shows the
changes from the previous week
.and a comparison with the two
preceding years.
1878.

Differ’nces fr’m

Sept. 21.
Loans and dis.

Specie

Circulation

.

week.

$245,377,400

..

Net deposits
Legal tenders.

previous?

Tnc .$1,162,300
18,322,300 Dec.
231,900
19,010,300 Inc.
138,000

217,304,000

48,533,400

United States

Dec.
Dec.

1877.

1870.

Sept. 22.

Sept. 23.

905,000

352,800

42,454,400

57,009,900

Bonds.—The business in Government bonds

tolerably active in the early part of the week, hut
prices fell
off somewhat
yesterday and to-day, on the higher rates for
money,
which
was

were

said to

arise, in part, from

some operations of the
There have still been sales on
London
account, and it is estimated that as much as
$2,000,000
have
been
sold this week
-by the principal hanking house which
imports
bonds from London.

Syndicate bankers.

Closing prices

of securities in London have been
Sept. Sept. Sept.

-

13.

U. S. 6s, 5-20s, 1867
U. S. 5s, 10-40s
5s of 1881
4%s of 1891

Closing prices

20.

27.

as

follows:

Range since Jan, 1, 1878.
Lowest.

Highest.

107% 107% 107% 105% Jan.

2

109%
108% 108% 108% 104% Feb. 25
111%
108% 108% 108% 103% Mch. 1 109%
100
105% 105% 102% Feb. 25 107%

at the N. Y. Board have been

as

Juno

do

6s, 1881
rcg.
6s, 1881
coup.
6s, 5-20s, 1805...rcg.
6s, 5-20s, 1865 .coup.

6s,'5-20s, 1807...reg.

6s, 5-20s, 1807 .coup.
6s, 5-208,1868...reg.
6s, 5-20s, 1808 .coup.
5s, 10-40s
reg.

J.
J.
J.
J.
J.
J.
J.
J.
M.
M.

A
A
A
A
A
A
A
A
A
A

J.
J.
J.
J.
J.
J
J.
J.
S.
S.

Sept.
23.

Sept.

24.

25.

107% *107% 108 *107%
*107% *107% 107% 107%
102% *102% *10234 *10234
*10234 *102% *102 34 *10234
105% 105% *105% *105%
105% 105% 105% *105%

*107

*107

*107
*107% *107% *107

*107

100%
*100%

107%

Sept.
20.

8

July 30
July 9
July 30

Lake S. A M. S. 1st cons.,
cp..
Michigan Central consol. 7s..
Morris A Essex 1st mort
N. Y. Cent. A Hud.
lst,cp....
Ohio A Miss. cons. sink. fd..
Pitts. Ft. Wayne A Chic. 1st..
St. Louis A Iron Mt. 1st m
Union Pacific 1st, 0s, gold....
do
sinking fund....
*

27.

y10234 *10234
102 34
*105% 105%
*105% 105%

bonds




outstanding Sept. 1, 1878,

were as

This is the price hid;

developed

follows:

a

granger stocks,

29

July 31

*113% *113
109
*111% *111% 105%
118 34 *119
115%
*11S% 119% 117%
*99% 101% 95%
*118% *118% 118
102% 103% 102%
105% 100% 103%
100% *99% 923s

sale

no

was

31

Sept.lO

85

J uue10

90

108%
113%
103%
102%
110%
110%

July 11
June 28

Sept. 17
May 31
May 25
June28
July 8

Jan. 10 114
Sept. 26
Jan.
5 112% Aug. 24
Jan.
5 120
Apr. 29
Sept. 10 122 June 26
Feb. 20 102% June 27
Feb.
8 121% June 13

Sept. 20 109% May 24

Jan.
Mch.

7 108 58 June 28
0 105% July 9

made at the Board.

„

Miscellaneous Stocks.—The stock
market

good deal of strength during the past few days,
a

material increase.

The

especially the Northwests, have been conspicuous

in the advance, and these
stocks, as well as the St. Paul common
and preferred, have stiffened
up since the dividend of 3£ per cent
on the latter was declared.
The statement below was submitted
at the
meeting of St. Paul directors for the first eight months of
1878, to August 31, which shows that in those months the net
earnings were nearly equal to a full dividend of 7 per cent on the
preferred stock—the actual cash paid on the preferred stock this
year, including the present dividend,
being 10£ per cent, of which
3£ was declared out of the earnings of 1877.

During the four
ending December 31, 1878, it may fairly he assumed that
earnings over interest charges will be $400,000, and it is an
interesting and pertinent inquiry whether the common'stock will
be entitled to a dividend out of those
earnings.
months

the net

Gross earnings
Expenses

$5,425,956

Net earnings
Interest on mortgage debt

3,164,938

$2,*261,018
...

1,411,939

*

Balance

Dividend

of

$819,079

3X per cent

Surp’us
The Texas railroads

429,781

$3=9,297

.

are

showing increased earnings under the

heavy traffic which is thrown on to them by tlie prevalence of
yellow fever at New Orleans and Memphis. Lake Shore, Michi¬
gan Central, Wabash, and Del. Lack. &
Western, all close strongs
and
higher.

Total sales of the week in

*107

107%

100% 100% *100
106
105%
coup.
100% *100% 106% *100
5s, fund., 1881.. .reg. Q.-Feb. *106
*10534
100
106
*105%
10534 105%
5s, fund., 1881..coup. Q.-Feb. *100
100
10534 105% 10534 IO5S4
4%s, 1891
reg. Q.-Mar. 103% 10334
103%
*103% 103% 103%
4%s, 1891
coup. Q.-Mar. 103% *103%
103% *103% 103% 103%
4s, 1907
reg. Q.-Jan.
99%
99%
99%
9934
9934
4s, 1907
99%
coup. Q.-Jan. *100 34 *100%
*100% 100% 100% 10034
6s. cur’cy, ’95-99.
reg. J. A J. *119%
119% *119% 119% 119%
*
*119%
This is the price bid; no sale
was made at the
Board.
The range m prices since Jan.
1, 1878, and the amount of each
class of
5 s, 10-40s

*30%

and the volume of business has shown

Sept.

*102 »4

107%

*30
78%

.

*107% *107%
107% 107%

*107

*72%

2d series..

Columbia, 3-05s

follows:

Sept.

*34

*103% 102% Aug. 23 108
June22
*16% 15
Mcli.29 18
May 25
*34
33
Sept. 9 39% May 14
*73

*78
74
Apr. 12
Railroads.
Central of N. J. 1st consol...4 *87
*37
04% Mch. 4
Central Pacific 1st, 6s, gold..
105% 106% 1035s Jan. 15
Chic. Burl. A Q. consols7s...
113^4
109
Jan.
2
Chic. A Northwest. cp.,gold.. 10134 102
917s Jan. 14
Chic. M.& St. P. cons. s. f. 7s..
94%
95% 91^6 Jan.
5
Chic. R. I. A Pac. 6s, 1917... *108
34 109% 108
Jan.
5
Erie 1st, 7s, extended
*116
*11534 110
Jan.
7

'

Interest Sept.
Period
21.

do

Dist. of

has

18,897,700
11,495,200
231,035,400

*16%

Virginia 6s, consol

Railroad and

$243,970,400 $201,842,000
19,274,700
15,596,100
200,724,100

6s, ’89 or ’90
North Carolina 6s, old
Tenness«<*
old

towards

Sept. 21
“

“

23'....
24
25
....

“

....

“
“

26....
27....

St.
Paul.

St. Paul
pref. "

4,005
11,785
20,895
19,342
14,940
30,789

3,275
10,790
12,350
12,332
13,207

15,110

leading stocks
North¬ N’rthw.
west.

6,500
29,050
25,395
20,420

29,200
10,375

pref.
18,750
37,700
27,000
27,110
20,220
34,510

were as
Del. L.
A West.

follows:
Erie.

6,800
8,920
12,000
6,200

4,640

4,627
20,100

1,000
3,350

3,320
500
700

Lake

Shore.

6,400
14,500
13,400
23,700
10,830

40,025

Total.
101,750 67,124 121,000 165,350 58,6471 13,510 108,855
Whole stock. 154,042 122,794 149,888
215,256 524,000 780,000 494,665
..

The total number of shares of stock
outstanding
last line for the purpose of
comparison.

is given in the

September 28,
The

Central of N.J
Chic. liurl.&

30«
110%
29%
do
pref 68%
Chic. & North. 36%
do
nref. 08%

&

C. R. I. & Pac.. 118
Del.& H. Canal 50
Bel. Lack.* VV 53
Erie
13%
Han. <te St. Jo.. JsD
do
pref. 38^
Illinois Cent.. 81* £
Lake Shore
.0634
...

Michigan Cent

Morris
Essex
N.Y.C. & H. i..
Ohio & Miss...
Pacific Mail....
Panama
Wabash
Union Pacific..
West. Un. Tei
Adams Exp....
American Ex..
United States
.

Wells, Fargo..
Quicksilver
do

pref.

These

37% 35% 30%
111%
it 9%
69%
36%
68%

112

69% 70

36% 38%

118% *18%
50
50%
53% 53%
13% 13
15

38%
81%
67%

112%

29% 30%
69

69%

118%
50%
54
13%
15%
39%

1151

82

67%

70% /I
71%
83% 84
84%
113% 113% 113% 114%
7%
8
<%
8
17% 17% 1734 17%

sa

*120

15% 15%
x65% 06%
X93% 94%
105
50

*49%

=8*
32

15%
65%
94%
j 105

105

16
00%
94%
105

50%! 50%
50
4934

50%
49%
92% 92%
12%! 13
13

35

i*32

‘34

36
36% 36
112% 111% 111%
30% 31% 30% 32%
70
70% 70% 71
38% 39% 38% 39%
69% 70% 69% 70%
118% 119
118% 119
50
49% 50% 50
5 2% 53J52% 53%
13% 13%
13%
15%
15% 15%
39
3934 38
38%
8134 81% 81% 81%
67
67% 66% 07%
70
71
70
70%
84% 84% f83% 8416
113% 113341118% 113%
7%
7%
7%
7%
17% 17% 1734 1734
36
112

125

*124

125

15% 16% 10%
6 34
05% 07
94% 95% 95
105% 105% 105%
50

oO

50

4934 4934

93
*12
*31

93

18%
6634
95%
105%
50

49% 49%
*92% 93%

30%
112
112% 112% 112%
29% 30' ' 30% 32%
09

71%

37%
09%
118%
49%

42%

70'
70%
39% 3934
70% 70hs
118% 118%
f0
49'
52% 5
53%
13% 13% 13%

15
38
81

84% 34*^
ii3h H3% L13%
7%
74$
7%
17% 1734 17%
12o
12o
12i%
17% 18% 17%
00
oof
66%
94% 9514 95%
105% 105% 10:>%
49% 4»% *49
*40 v 49% *49%

12

13

#93% 93%

34

*31%

34

*31

sale

was

34"

*93
*....
33

pretensions

are more nearly represented by 51 fd. per ounce.”
gold and clearings and balances were as follows:

The range of

Quotations.

Gold

13%

Open Low. High Clos.

Clearings.

81% 81%
67% 09
70% 71%

70%

ent

---*

81%

1

This and the determination of the India Council to offer an in¬
creased amount of bills hereafter, rendered the fnarket unsteady,
at the close, and, while all the sales were at 51fd., holders’ pres¬

5034

15% 15%
3734 38%

00% 07%
>70

72
118%

15
34

*

no

36

84i. •

114
7%
17%
124%
18%
0064
95%
105%
50%
50
94

13%
33

made at the Board.

in prices since Jan. I, 1877,

follows:

Sept. 21.. 10038 1003s 100% 100%
*•

“

23.. 100% 10038:100% 1003s
24.. 1003s 10038 10038 1003s

U

O

“
“

1003s
10038^10038!l00% 100%
1

100381100%
A07.V 1 nnio 1 AQ7.1

XV4-

The

°

xvv/

following

^

are

Central of N. J
Chic. Burl.<& Quincy.
Chic. Mil. &St. P..
do
do pref.
..

Chicago & Nortliw...
do
do pref.
Chic'. Rock l8l. & Pac.
Del. «fe Hudson Canal
Del. Lack. & Western
Erie
Hannibal & St. Jo.
do
do pref.
..

Illinois Central
Lake Shore

Michigan Central....
Morris & Essex
N.Y. Cent. & Hud. R.
Ohio & Mississippi...
Pacific Mail
Panama
Wabash
Union Pacific
Western Union Tel...
Adams Express

Express..

United States Exp...

Wells, Fargo <$z Co...
Quicksilver
do
pref

'

-

Lowest.

5,090
5,455
101,756
67,124
121,000
165,350
4,858
1,819
58,647
13,510

Highest.

Feb. 9
Jan. 15 119% June

45

Jan.

Sept. 2
Sept. 2
Aug. 10
5

5
5
10
Feb. 28
21% Feb. 28
723s Feb. 14

5,500
2,860
108,855
8,500

'

55% June 29

58%
G73s
3,596 103%
6%
3,910

1,705

112

46,375
38,665
10,498
275
205
262
165
10
100

Jan.

98
46
44

Jail.

Aug.

Feb. 25

20% Apr.
73

95

Mch. 20

June

15
37 s4

82%
25%

30%
4%
7
17

,

45

$4 84

Napoleons

3 84

X X Reichmarks.
X Guilders

4 75
3 90

35%
51%
85%
2%
12%
80

130

5
1934 Feb 25
37
June 15

59%
56
91

73

84%
105

43%

60%

36
81
13

59%

19%

48,481,000

3
4
4
@15
@15
@
©
@

88
80
10
90
60

Mex. Doubloons.. 15 45
Fine silver bars
112%@
112%
Fine gold bars....
par.@%prem.

90
24
45

earnings and the totals from Jan. 1 to latest
given below. The statement includes the gross earn¬
ings of all railroads from which returns can be obtained. The
columns under the heading “Jan. 1 to latest date” furnish the
gross earnings from Jan. 1 to, and including, the period men¬
tioned in the second column.
Latest earnings reported.—s,—Jan.l to latest date.
1877.

1878.

1877.

$78,304 $2,499,077 $1,022,019
Atl. & Gt. West.. .July
303,001
301,730
Atlantic Miss.& O.July
1*27,441
133,404
889,251
889,522
Bur. C. Rap. & N.2d wkSept
41,322 1,055,134
32,492
092,821
Burl. & Mo.R.in N. July
79,088
08,340
814,709
483,075
Cairo & St. Louie. August
20,080
17,170
142,402
150.058
Central Pacific...August.... 1,706,OOO 1,302,072 11,100,303 10,592,044
Chicago A Alton. .3d wk Sept 120,201
124,984 3,334,847 3.194,002
Chic. Burl. & Q...July
829,300 7,304,218 6,301,348
946,427
Chic. & East. Ill..2d wk Sept
17,194
17,228
Chic. Mil. & St. P.3d wk Sept 156,000
280,558 5,923,000 4,995,232
Chic. R. I. it Pac. June
508,217
536,235
Clev. Mt. Y. & D.. 1st wkSept
7,981
8,094
251,100
252,608
Dakota Southern.August
15,104
12,537
138,083
10©, 028
Denv. & Rio G...3d wkSept
20,350
19,483
758,144
51t,871
Detroit & Milw.. .July
518.512
451,240
Dubuque & S.City. 1st wk Sept
18,055
24,096
520,256
630.513
Erie
June
1,258,938 1,232,162 7,131,005
7
7,009,864
Gal. H. & S. Ant..July
83,877
66,212
012,910
48®,604
Grand Rap.&Ind.July
93,834
81,293
069,687
598.660
Grand Trunk.Wk.end.Septl4 178,176
207,076 6,080,319 6,269,511
Gr’t Western. Wk.end.Sept20
85,061
99,364 3,212,064 2,980,138
*111. Cent. (Ill.line)August
562,160
564,889 3,474,529 3,121,012
ao
Iowa lines.August
98,537
127,575
953,302
819.661
Indianap. Bl. &W.2d wk Sept
28,666
26,952
889,005
852,677
lilt, & Gt. North..2d wk Sept
38,956
30,517
802,194
925,426
Kansas Pacific.. .2d wkSept
97,779
73,689 2,353,806 2,091,000
Mo. Kaus. & Tex .3d wkSept
81,557
08,151
Mobile & Ohio....August.... 1114,979
125,714 1,147,089 1,049,495
Nasliv. Ch.&St.L.August....
129,859
154,997 1,064,534 1,097,637
Pad. &Elizabetht. 1st wkSept
6,510
0,305
Pad. & Memphis..August
15,919
if 9,824
17,937
131,476
Piiila, & Erie
August.... 262,073
292,390 1,737,806 1,845,756
Phila. A Reading. August... .1,402,792 1,420,879 8,060,939 8,904,013
St.L.A.&T.II. (brs)2d wkSept
10,650
13,039
321,031
341,043
St. L. IronMt.ifcS.2d wkSept 103,100
93,998 2,718,978 2,777,252
St. L. K. C. & No..3d wk Sept
80,788
77,929 2,298,214 2,152,762
St. L. &S.E.(St.L.)lstwkSept
15,902
17,729
420,814
397,259
do
7,979
(Ken.).istwkScpt
7,776
234,920
219,124
do'
(Tenn.). 1st wkSept
3,131
3,560
113,637
102,350
St. Paul & S. City. August....
45,464
378.297
39,169
287,506
Sioux City & St. P. August....
28,446
24,022
235,730
158,598
Southern Mmn...July
53,201
46,951
427,184
254,804
Tol. Peoria A War.3d wk Sept
36,234
27,604
926,829
778,360
Union Pacific
July
1,014,959 1,033,592 6,764,808 7,026,000
Wabash
3d wkSept 123,927
105,624 3,533,998 3,205,455
......

.

*

August earnings include those

Springfield Division,
t Decrease is said to be due almost entirel}* to interruption of passen¬
ger traffic by yellow fever.
The Gold Market.—Gold has sold back to
lOOf, and so closes.
On gold loans the rates
to-day were flat to 1 per cent for borrow-




on

$945,479

English silver

98
—

—

—

...

Prus. silv. thalers
Trade dollars....
New silver dollars

@

—

9858

98%@

—

99

88
88

—

90
89
@ 4 85
@ — 70
@
@

4 75
68

—

—

9S%@

— 98%
99%® — par
been dull and drooping.
—

—

There has been

60

Sept. 27.
Prime bankers’ sterling bills on London.
Good bankers’ and prime commercial...
Good commercial

Swiss (francs)
Amsterdam (guilders)

4'.8514@4.80

4.8434@4.8514
4.S3%@4.84%

@4.80

4.78%@4.79%

4.83

5.2334@5.2058
5.2334@5.2058
39 %S 40

5.21%@5.18%
5.21%@5.18%
5.21%@5.18%
4018@ 40%.

94

94

Frankfort (reichmarks)
Bremen (reichmarks)

94
94

City Banks.—The

@
@
@
@

Banks.

Capital.
$

New York
2,ooo,oro
Manhattan Co.... 2,i 50,000
Merchants’
2,090,000
Mechanics’
2,000.000
Union
1,200,000
America
3,000,000
Phoenix
1,0 0,000

Dj,,osits.

Circulation.

$
$
$
8,455,500 1,994,000 1,090,500
5,041,80)
503,900
93.1,303
1 ,59*, 000
573,700 1,531>0
335.300
630, ao
6,850,500
355.700 1,058,300
8,706,000

S
S.032,300

45,000

-

11,870,0 0 l,24«,0i)0 1,183,9

1,GKXOOO
6 0,000

..

Net

Tenders.

Specie.

6,000,000

1,0C0 000
300.COO

1,000,000
1,500,000
500.: OO

6X).00‘J
200,000

600,000
300,000

6,941.000

Commerce

5^000,000 18,798,700 1,182,700 1,546,700

Broadway
Mercantile

1,000,000
1,000,000

4,771,800

422,700

2,0*0,900
3,875,400

Pacific

Republic

1.500,000
450,090
People’s
412,503
North America..
700,000
Chatham

...

..*..

Hanever

1,' 03,000
500,000

Irving....

Cit z- iis’
600,000
Nas-au*
1,0)0,000
Market
1,<)00,000
St. N.cho’as
1,000,00
Shoe and rather 1,000.10)
Corn Exchange . 1,000,000
Continental
1,250,000

Oriental
Marine

300,000
400.000

Imporiers’&Trad 1,500,000
Park
,0.30.0 0
Mech. Bkg. Ass’n
500.00)
Grocers’
300,000
North River
240.000
East River
259.000
Manuf’rs’ & Mer.
luO.OOO
Fourth National 3.5 0,000
Central National. 2,0<)9,0t0
Second National.
300,(03
Ninth National..
759,(’00
Fir-t National...
500,000
Third National.. 1,00 ',000
N. Y. Nat. Exch.
300,000
.

...

Bowery National
New York. County
German Americ’u

Total...

250,000
0,003
750,000
2

OF

Legal

800,000

City

94%@

94%
94%
94%
94%

following star^tent shows the

1,736,500 2,816.0 0
355,000
4*6,0; 0
2,150,000
3,565,500 1,149,603 2,931,0 0
267,8'K)
3,143, "Of
294,4 6
63^,300
1,502 800
161,200
10,008,500
£83,000 3,2 9,300
247.630
3,634,400
473,009
4.107,100
272,100
575,300
l,3C3,0OO
106,000
172,000
26S.0;*)
15,000
1,393,COO
866.900
1S.*X)
166,209
399,808
373,109
2,313,400
163.60 j
867,800
80,500
230,400
1,483,500
2*7,303

Tradesmen's
Fulton
Chemical..
Merchants’ Exch.
Gall atm National
Butchers’ ifc Drov.
Mechanics’ &Tr.
Greenwich
Leather Manuf’rs
Seventh Ward..
State of N.York*
American Exch..

@4.84

94 %@
94 %@
94 %@

94%
94%
94%
94%

AVERAGE AMOUNT

Loans and
Discounts.

days.

4.8014@4.8034

Hamburg (reichmarks)

New York

3

days.

4.80%@4.81%
4.79

Documentary commercial
Paris (francs)
Antwerp (francs)

are

EARNINGS.
Week or Mo.
1878.
Atcli. Top. & S. F.2d wk Sept $94,000

$952,608

Dimes & % dimes
Silver %s and %s
Five francs..
Mexican dollars.

The latest railroad

dates

1,107,260
542,940
1,739,377
1,522,034
876,628

$50,936,000

i nnrto

@$4 88

Span’h Doubloons. 15 65

79

73%
74%
92%
109%
11%
26%

<

1,102,000
540,000
1,731,934
1,466,400
862,752

quotations in gold for various coins:

Sovereigns

33%

40%

Currency.

Exchange.—Foreign exchange has
no large demand from any quarter, and with the
High. prospect of an early increase in commercial bills, there is little
encouragement to look for higher prices in the early future.
3734
118% To-day, leading bankers reduced their rates to 4.81^ for 60 days’
42% hills, and 4.86 for demand, while actual transactions were done
73%
at about 4.80£ and 4.85£.
43%
In domestic bills the following were rates on New York at the
69%
undermentioned cities to-day: Charleston, firm, buying 5 16 dis¬
105%
74% count ; selling, £@par; New Orleans, commercial, ^@| discount ;
77
bank, £ discount; St. Louis, 1-10 discount; Chicago, par, and
15
1C7«
Boston, par. Quotations for foreign exchange are as follows:

5

96% Sept. 18
8 106
Aug. 17
2 52% May 8
7 5134 Feb. 25

Aug.
82% Jan.
7
12
Aug. 21
29% Feb. 5

407s

7

59% July 10
6178 July 10
18% July 31
16% Sept. 5
40
Sept. 5
87
July 11
69% Apr. 15
72% Apr. 18

5 131

12% June 26
61% July 31
75% Feb. 13

6
94
11

547s July S
84% July 9
55% Apr. 17
79% July 11

3
Jan.
June 10
Feb. 28 89
Feb. 11 115
Sept. 5
June 29 11% Apr. 15
14% June 21 23% Jan. 16

820

Low.

Jan.
2 45% July 11
Feb. 28 11434 July 15

13%
99%
27%
64%
32%
59%
983s

463s Mch.
7®8 Jan.

2,950

104

Whole year
1877.

Jan. 1, 1878, to date.

Sales of
Week.
Shares.

Gold.

8,710,000
5,060,000
10,422,000
10,901,000
5,705,000

1003s 10038 1003b 10030
10038 10038T0038 10038
27.: 10033 10038 1003q 10038

This week
Prcv. w’k 1003b

Balances.

$10,138,000 $1,441,500 $1,448,351

26".

..

•

American

125%

Friday,
Sept. 27.

3534

12%

Total sales this week and the range
were as

35%

8*

the prices bid ana asked:

are

Wedn’sd’y Thursday,
Sept. 25
Sept. 26

Tuesday,
Sept. 24.

Monday,
Sept. 23.

323

ing. Silver is quoted in London at 51|d. per ounce. The Times of
that city says in its financial article to-day: “ The German Gov¬
ernment sold $500,000 in silver bars yesterday at 51fd. per ounce.

daily highest and lowest prices have been as follows:
Saturday,
Sept. 21.

*

CHRONICLE.

THE

1878.]

3.4*4.400

2,891.900
1,815,000

1,587,200
£,122,800
1,893.300
13,*%?,001
1,454,5 X)
2,086.500
2,406,90)
1,9(5,603

3,49 r,0l).J
3,221,600
3.6:7,000
1,274,600
2,160,900
18,0 8.703
10,183,100
655,490

532,300
677.200

113,600
328,800

$

5,634,'00
6,959,400
4,97-,500
3,*?r,3G0
7,467,200
v, 131,000.
4.4 8.40)

1,841 500
1.300,900

7,500
92,500
170,500

120,300
1,100

221,400
....

760,ICO

10,4 0,4u0

2.931,600
<8,100

577,000

975 cOO

263,000

1,024,000
778,800
2,025,600
8’0,760

198,00U

2 3

1.240, k00

8,332,000
12,317,100
5,213,103

416,000
2,700

273,500
31,100
45,000
194,000

1,774,600

727,70 »
45,609
895,303
189.6CO
630,0 -0
3,136,310
180,000
2 .000
578,1 0
2,035.400
207,2)0
361,1'0
1,803,400
450,000
79,9i>J
663, (ICO 2,783,460
391,500
275,3:»
2<),600
1,2-48, 03
5,400
74,000
177,00)
1,277,600
149,500 1,010,90)
4,69 »,9(0
450,000
88,500
379,400 1,836,700
79,200
417,000 2,045,000 11,087,000 2,217,000
78,500
3*9,4 )0
1,44*. 600
247,503
271,103
69,100
1,876,100
3,900
40,400
5S4,1U)
246.100
1,789,900
207,200
72,900
846,203
500,500
419,000
204,700
2,474,000
654,300
112,000
427, <00
2,016,303
4,700
18,630
7ul,3tW
2,740,500
772,600
24,200
201,10)
L0S7.800
81,600
477,00 )
2,117,000
352,000
833,100 4,135.900 13,951,« 00
266,101) 12,737,500 11,406,500
540,000
30,200
78,400
470, COO
296,500
115.30)
4,600
486,900
30,900
172,300
761,700
110,100
68,910
568,700
99,000
1,300
86,1,0
376,800
l
797 50
2,710,600 12,18:, 500 1,047,900
-

13,747,000
7,272.000
224,000 1,452,000 6,4;7.000
1,951.0C0
507,000
l,931,0c0
3.5 P,000
765.000
139.00))
3,36^,000
8,2 .3,200 1,036.700 1,475.460 10.0*7,000
5,860,600
951,300 1,380,6C0 6.538,500
159,200
54,500
1,133,900
764,509
818,700
3,000
1,151,600
231,000
1.112,000
317,700
1,135,500
2,105,900
114,100
372,900
1.9:9,100
.

.

_

....

a

9

.

1,493,000
269,000

£69,000
45,UC0
800,000
270,000

524,COO
180,000

63,625,200 245,377,403 18,322,800 48,538,400 217,304,030 19,616,300

324

THE CHRONICLE
GENERAL

QUOTATIONS

Quotations in New York represent the per cent value, whatever the

[ VoIj. XXVII.

STOCKS

OF

BONDS.

AND

be; other quotations are frequently male per share.
The following abbreviations are often used, viz.: “ M.,” for mortgage; “ g.,” for gold; “ g’d,” for guaranteed; “ end.,” for endorsed; “
for consolidated; “ conv.,” for convertible; “ e. f.,” for sinking fund; “1. g.,” for land grant.
Quotations in New York are to Thursday; from other cities, to late mail dates.
Subscribers will confer a favor by giving notice of any error discovered in tbese Quotations.
Bid.

United States Bonds.

Ask.

reg
coup
1865, new
reg.
1865, new*., coup..

6s, 5-20s,
J &
6s, 5-20s,
J &
6s, 5-208, 1867
reg..J &
6s, 5-208, 1867
coup..J &
6s, 5-208, 1868
reg..J &
6s, 5-20s, 1868
coup..J &
5s, 10-40s
reg..M& S
5s, 10-40s
coup..M& S
5s, funded, 1881
reg.. Q—F
5s, funded, 1881
coup.. Q—F
4%s,1891
reg.. Q—M
4%s, 1891
coup.. Q—M
4e, 1907....
reg
4s, 1907
coup
4s, small
coup
6s, Currency, 1895-’99..reg..J & J

102%
102 34
105%
105%
107
107

119% 119%
42%
13%
12

8s of 1892-93
J & J
2s of 1906, funded “A”
J & J
5s of 1906, funded, RR. “ B”
Class “ C”

&
&
&
&
&

J
O
O
O
O
& O

Connecticut—5s

7s, gold, 1904
10s, pension, 1894

20

100
25
25

6s, deferred bonds.
CITY

70
46
21
4
4
4
4
4
4

43
73
48

100%

72%
54%
30%

do

6s,

106

J&J
J&J
J&J*

Allegheny Co., 5s

J&J*

Atlanta, Ga.—7s
8s

Waterworks

Augusta, Me.—68,1887, mun..F&Af
Augusta, Ga—78
Various
Austin, Texas—10s

96
102
96
103
97
100

93
104
101
104
100
102

106

108

Baltimore-

6

104% g
t 105% 106%

68,
6s,
6s,
6s,
6s,
6s,
68,
5s,
6s,
6s,
58,
6s,
58,

City Hall, 1884

Q—J

Pitts. & Con’v. RR.,1886.. J&J
consol., 1890
Q—J
Balt. & O. loan, 1890
Q—J
Park, 1890
Q—M

bounty, 1893.

M&S

113

110

do

....

-

.

.

A & O

6e, funding act, 1866
6e, Land C., ’89
6s, Laud C.,1889

J & J
J & J
A&O

*

27
30
40
42

Price nominal; no late transactions.




108, 1883-96

Dayton. O.—8s
Detroit, Mich.—7s, long
7s, water, long

78%

*8%

reg

imp. 6s, guar., 1891....J&J 104
imp. 7s, 1891
..J&J 107

Fund, loan (Cong.) 6s, g.,'92
Fund, loan (Leg.) 6s, g., 1902
East Sagina w, Mich.—8s

Elizabeth, N. J.—7s, short
7s, funded, 18S0-1905

98
Var. 104
Var. 104

t

Var.

7s, consol., 1885-98

A&O

78
78
76
76

105%
110

100%
105%
106

85
80
80

79%

Mass.—6s, 1904...F& At 110% 110%
F&At 102% 103%
110

Fitchburg, Mass.—6s. ’91,W.L.. J&Jt 109%
Fredericksburg, Va.—7s
M&N 105

Georgetown, D.C.—See Dist. of Col.

Harrisburg, Pa.—6s,coupon.. .Var.* 101
104
Hartford, Ct.—City 6s, various
107
114
116
Capitol, untax, 6s
Hartford Town bonds,6s. unrax. .t 102
103%
Haverhill, Mass.—6s,’85-89.. A&Ot 106% 107%
Houston, Tex.—10s
6s, funded

17

20

Indianapolis, Ind.—7-308,’93-99. J&J 105
102
Jersey City—6s, water, long, 1895.. 101
7s,
do
J & J 107% 108%
1899-1902.7s,
7s,
7s,
78,

sewerage, 1878-’79
J & J
assessment. ’78-79. J &J-M& N
improvement, 1891-’u4
Var.
Bergen, long
J & J

100

100
106
105
A&O 102
6s
7s.M&S and J&D 108

101
101
107
106
103
109
101

108% 110
Hudson County^
109
109%
do
109
109%
Bayonne City, 7s, long
J&J 100
109
109% Lawrence, Mass.—6s, 1894...A& Ot 110% 110%

113
exempt, 1893... M & S 110
107
6s, 1883-4...
105
funding, 1894
J&J 104
Delaware—6s
J&J*
100
112
1900
J&J 110
Florida—Consol, gold 6s
82
J & J 76
113
West. Md. RR., 1902
J&J 111
101
Georgia—6s, 1879-80-86
F & A 100% 101
consol, 1885
Q—J 99
109
7s, new bonds, 1886
J & J 108
A&O 107% 109
Valley RR., 1886
107
7s, endorsed, 1886
105
new 1916
105%
7s, gold bonus, 1890
Q—J 107% 109% Bangor, Me.—6s, RR.,1890-’94.Var.l 102
102%
112
8s, ?76, ’86.
A & O 109
J&Jt 106% 107
6s, water, 1905
Illinois—68, coupon, 1879
J & J 101%
6s, E.& N.A. Railroad, 1894..J&Jt 102
102%
War loan, 1880
J & J 101%
6s. B. & Piscataquis RR.,’99.A&Ot 102
102%
Kansas—7s, ’76 to ’99
J&Jt 100%
Bath, Me.—68, railroad aid
Var I 100% 101%
102
Kentucky—68
100
98
5s, 1897, municipal
Louisiana—Old bonds,fundable. Var. 50
101
Belfast, Me.—68, railroad aid, ’98.. t 100
Var. 50
8s, non-fundable
Boston,Mass.—68,cur,long,1905Vart 115 116
New consol. 7s, 1914
J & J 74% 74%
6s, currency, short, 1880
Var.t 103
103%
Maine—Bounty, 6s, 1880
Fife A 103
103%
5s, gold, 1905
Var.t 110% 111
War debts assumed, 6s, ’89. A & Ot 112% 112%
107
Sterling, 5s, gold, 1893
A&O! 105
War loan, 6s, 1883
107
M&S 106
do
106
58, gold, 1899
J&J i 104
do
Maryland—6s, defence, 1893..J<fcJt 108% 109
107
5s, gold, 1902
A&O} 105
6s, exempt, 1887
J&Jt 110% 112% Brooklyn, N.Y.—'7s, ’77-80....J & J 101
104
6e, Hospital, 1882-87
J&Jt 105
109
113
105
7s, 1881-95
J &
6s, 1890
Q—J 106% 110
117
7s, Park, 1915-24
J &
120%
5s, 1880-’90
100
Q—J 98
117
7s, Water, 1903
J &
120%
102
Massachusetts—5s, 1880, gold .J&J I 1013i
117
7s, Bridge, 1915
J &
120%
104
5e, gold, 1883
J&J
105
106
6s, Water, 1902-5
J &
109%
5e, gold, 1894
Var.t 110% 110%
109
106
6s, Park, 1900-1924
J &
5s, g., sterling, 1891
105
J&J { 104
109
Kings Co. 7s, 1882-’89
M & N 105
do
do
1894
do
M&NJ 105% 106%
107
M&N 102
6s, 1879-’86
do
do
1888
A&O; 104% 105% Buffalo, N, Y.—7s, 1876-’80....Var. 100
104
Michigan—6s,1878-79
J & J 101%
L10
7s, 1880-’95
Var. 103
6s, 1883
J & J 104
111
78, water, long
Var. 109
7s, 1890
M& N 112
103
6s, Park, 1926
M& S 100
25
Minnesota—7s, RR. repudiated
35
102%
Cambridge, Mass.—5s, 1889...A&Ot 102
Missouri—6s, 1878
J & J 100
101%
J&Jt 112% 113
6s, 1894-96, water loan
Funding bonds, 1894-95
J & J 104%
Camden Co., N, J.—6s, coup
* 105
Long bonds, ’89-90
J & J 103% 104
Camden City, N. J.—6s, coup
* 105
Asylum or University, 1892. J & J 103
116
7s, reg. and coup
* 113
Hannibal & St. Jo., 1886....J & J 103
54
Charleston, S.C.—6s, et’k,’76-98.,Q-J 52
do
.do
1887
J & J 103
104
7s, tire loan bonds, 1890....J & J 75
85
If. Hampshire—6s, 1892-1905..J&J 112% 113
7s, non-tax bonds
92
War loan, 6s, 1884
M&8 107
108
Chelsea, Mass.—6s, ’97,waterl.F&At 110
110%
New Jersey—6s, 1897-1902
J&J* 106
Chicago, Ill.—6s, long dates
101%
J&Jt 100
6s, exempt, 1877-1896
J&J' 106
J&Jt 106
7s,
sewerage, 1892-’95
106%
VPW VnrV
78, water, 1890-’95
J&Jt 107% 108%
6s, gold, reg., 1887
J & J 113
7s, river impr., 1890-,’95
J&Jt 105% 106%
6e, gold, coup., 1887
J & J 113
7s, 1890-’95
J&Jt 105% 106%
6s, gold, 1883
J & J
Cook Co. 7s, 1880
M&N t 101
102
6e, gold, 1891
J&J
do
M&N 106
7s, 1892
106%
6e, gold, 1892..
A&O
Lake View Water Loan 7s
t 100
6s, gold, 1893
J&J 121
Lincoln Park 7s
97
99
N. Carolina—6s, old, 1886-’98..J&J 16% 17%
South Park 7s, 1876-’79....J & J 97
99
6e, old
A &0
West Park 7s, 1890
16% 17%
95
97
68, N C. RR., 1883-5
J & J 74
Cincinnati, O —6s, long
97
Var.t 96
6e,
do
A&O
74
68, short
Var.t 98
6s,
do
coup, off
J & J 54
7-30s
Var.t 106
108
6e,
do
coup, off
A&O 54
7s
Var.t 103% 105
6s, Funding act of 1866,1900 J&J
9% 12
Southern RR. 7-b0s, 1902...J&Jt 102
102%
6«,
do
1868,1898A&0
do
9%
7-30s, new
t 100
100%
6s, new bonds, 1892-8
J&J
do
9%
6s, g., 1906..M&N t86
87%
6s,
do
A&O
9%
Hamilton Co., O., 6s
95
6s, special tax, class 1,1898-9A&0
2
do
102
7s, short
t 100
6s,
class 2
do
A&O
2
do
2%
long 7s & 7-30s. t 104 108
class 3
6e,
do
A&O
1%
2% Cleveland, O.—6s. long
Various. 104
104%
©bio—6s, 1881.. s
J & J 105
99
30-year 5s
100
6s,1886
J & j 107%
6s, short
Various. 100
1005s
Pennsylvania—5s, gold, ’77-8.F&A* 100 104
7s, long
109
Various t 108
58, cur., reg., 1877-’82
F&A* 100
7s, short
Various t 105
107
5s, new, reg., 1892-1902
F&A. 111
111%
Special 7s, 1879-’89
Yearly! 103% 106
6s. 10-15, reg., 1877-’82
F & A 103% 104
Columbia, S.C.—6s, bonds
40
60
6s, 15-25, reg., 1882-’92
F & A 110
110% Columbus, Ga.—78, Various
Var. 62
67
Rhode Island—6s, 1882
M&St 105
106
Covington. Ky.—7.30s..
t 102
102%
6s, 1894
F&At 107
88
t
South Carolina—68
J & J 28
Dallas, Texas—8s, 1904
82% 85

6s

F &A

Ask.

Galveston, Tex.—10s, ’80-’95 ..Var.
Galvest’n County,10s, 1901.J & J

Various 105

6s, 1876-’90
Wharf 7s, 1880

do
Perm.
Perm.

5s, 1894, gold
56

5%
103

Bid.

Dist. Columbia—
Consol. 3-65s, 1924, coup

7s 1905
Fall River,

SECURITIES.

7s

Do.

42%

113
115
102

J &Jt 113
J &Jt 101

City Securities.

r

cons.,

Washington—10-year 6s, ’78..Var.

1104

!i 12

Allegheny, Pa.—4s

8s, Mont. & Euf
8s, Ala. & Chat

75

31%
31% 1

106

106%
1053* 105%
105% 105%
103% 103%
103% 103%
99% 99%
100% 100%
100% 100%

2%

65
34

105% 106

SECURITIES.

Alabama—5s and 8s, fundable.. Var.

Arkansas—68, funded, 1899 ..J
7s, L. R. & Ft. 8. issue, 1900. A
7s, Memphis & L. R., 1899..A
7s,L. R.P.B.&N.O., 1900..A
7s, Miss. O. & R. Riv., 1900. .A
78, Ark. Central RR., 1900.A
7s, Levee of 1872
California—6s, 1874

1%

102%
102%
105%
105%
107%
107%

Ask.

32

reg-.J & J 107% 107%
coup..J & J 107% 107%

Called Bonds
do

STATE

Bid.

State Securities.

South Carolina—(Continued)—
7s of 1888

UNITED STATES BONDS.

6s, 1881
6s, 1881

par may

95
t 105
Var.t 106

100

..Var.t 109% 110

t Purchaser also pays accrued interest,

96%
Long Island City, N. Y
t
103
Louisville, Ky.—7s, longdates. Var.t 101
100%
7s, short dates
Var. 100
6s, long
:...Var.t 96% 98%
6s, short
Var.t 96% 98%
Lowell, Mass.—6s, 1894
M&Nt 110% 110%
97
J & J 95
Lynchburg, Va—6s
88

J & J 109
F&At 107

Lynn, Mass.—6s, 1887
Water loan, 1894-96
5s, 1882

108

.J&J 110% 110%
..M&Nt 101% 102
65

Macon, Ga.—7s

75

102
Manchester, N. H.—5s, 1882-’85... t 101
6s, 1894
t 109% 110
35
Memphis, Tenu.—6s, old, C...J & J 20
30
68, new, A & B
J & J 20
35
6s, gold, fund., 1900
M&N 20
35
25
6s, end., M. & C. RR
60
6s, consols
J&J
Milwaukee, Wis.—5s, 1891—J & D 95% 99
Var. 104%'.s, 1896-1901
7s, water, 1902
J & J 108
20
J & J
Mobile, Ala.—8s

5s

J&J

:

6s, funded

M& N

Montgomery, Ala.—8s
Nashville, Tenn.—6s, old
6s, new
Newark—6s, long
7s, long..
/.

J & J
Var.
Var.

30

8*6
80
103
108

20
35

*

90
90

c 111
116
Var. t 112
New Bedford, Mass.—6s, 1893— t 111% 112
N. Brunswick, N. J.—7s
104%
t 103
Newburyport, Mass.—6s, 1890
t 109% 110
N. Haven, Ct.—Town, 6s, Air Line... 106
108
103
105
Town, 6s, war loan
do
103
105
68, Town Hall
112
115
City, 7s, sewerage
do
104
101
6s, City Hall
New Orleans, La.—Premium bonds.
32
31
Consolidated 6s, 1892
37
Var. 34
Railroad issues, 6s, ’75 & ’94..Var. 37
45
Wharf impr., 7-30s, 1880
J &D
7s, water, long

New York City-

68,
6s,
5s,
6s,
6s,
7s,
6s,
5s,
6s,
7s,
6s,

water stock, 1876-80
Q—Ft 100
do
1877-79....Q—Ft 100
do
1890..
Q—FI 100
do
1883-90
Q—F 103
aqueduct stock, ’84-1911..Q—F 103
pipes and mains, 1900..M&N 115
reservoir bonds, 1907-’11.Q—F 108
Cent. Park bonds, ’77-98. .Q -F 101
do
’77-95.. Q—F 100
dock bonds, 1901
M & N 116
.do
1905
M&N 107
floating debt stock,1878..Q—F 101%
market stock, 1894-97..M&N 116
improvem’t stock, 1889.M & N 104
do
1879-90.M & N 101
gold, cons, bonds, 1901. M&N % 110%
street impr. stock, 1888.M & N 102%
do
do
’79-82.M & N 104
....

6s,
7s,
6s,
7s,
6s,
68,
7s,
68, gold, new consol., 1896
7s, Westchester Co., 1891
Newton—6s, 1905
5s, 1905

103
103
102
106
106
HE

109
103
108

118
108
102
117
105
114

111%

105
107
109
107
106
107
J&J 112% 113
J&J 102% 10S
Norf oik,Va.—68,reg.stk,’78.-85.. J&J 94
3 12
8s, coup., 1890-93
Var. 109
8s, water, 1901
M&N 111% 113

Norwich, Ct.—5s, 1907
Orange, N. J.—7s
Oswego, N. Y.—7s
Paterson, N. J.—7s, long

Petersburg, Va.—6s
8s

6s,

A&Ot 101% 102%

t 104
t 100% 101%
108
Var 106
98
J&J 95
J&J

8s, special tax
Philadelphia, Pa.—5s, reg
6s, old, reg
new, reg

l In London.

'

106
J&J* 100
J&J 104
J&J 114

106

108
115

September

STOCKS AND BONDS—Continued.

GENERAL QUOTATIONS OF
For

Explanations See Notes at

101
109

104*4
106 *4 i
lll*g

10678
115
107
101

r ii4
i 1106
r 100*2
88
J & J r ii6*2
100
Rochester, N.Y.—6s,'76-1902.Var
in
7s, water.

J &
M &

1102

Bid.

117*2
104
113

99*4
30
112

H03

87*2

100
103
f 102
1105

90
103

7s, 1879

Cam.& Bur. Co.—1st M., 6s,'97.F&A
Canada So.—1st M.,guar.,1908,J&J

Cape Cod—7s, 1881

Carolina Cent.—1st,

F&A

6s,g.,1923. J&J

112*2

H2o

121

g.90

Stockton, Cal.—8s.
Toledo, O.—7-30s,

100

t98
104
105

45

37
8
20

Ala.&Chatt.—1st, 8s,g., g’d,’99. J&J
7s, receiver’s certs, (var. Nos.)...

9
60

•

Atlantic & Gt. Western—
1st mort., 7s, gold, 1902
2d mort., 7s, g., 1902
3d mort.. 7s, g., 1902

J&J
M&S
M&N
mortgage trustees’ certific’s..

do
do
do
3d
do
do
do
Con. mort. Bischoff certs.,7s, 1892
2d

Re-organization, 7s
Leased L. rental, 7s, g., 1902.,T&J
do
do 7s, g., 1903.J&J
West. ext. certifs, 8s, 1876..J&J
do
do
7s, guar. Erie
Atlantic & Gulf—Cons. 7s, '97. J&J
Consol. M., 78, end. Sav
1st mortgage, 7s
J&J
S. Ga. &Fla., lstM.7s.l889.M&N

At.Miss.&Ohio.—Cons.,g.1901. A&O
Com. bondholders certs
Atl. & St. Law.—St’g 2d, 6s ,g. A&O
Bald Eagle Val.—1st M., 6s,'81.J&J
Baltimore & Ohio—

J&J

+
+

•

•

•

•

27

{4
{27

6
29
12
6

{10
+4

10*2

f

{42
*17

{26
{26
87

88
99

{30
{30

{105
*102
*105

45
20
30
30
90
40
101
32
32
107

103*2

108
A&O
89
J&D {87
Sterling, 5s, 1927
Sterling, 6s, 1895
M&S {105 107
107
Sterling mort., 6s, g., 1902..M&S {105
108
do
'
6s, g., 1910. M&N {106
91
Balt. & Pot’c—1st, 6s, g., 1911.J&J {89
90
1st, tunnel, 6s, g., g’d, 1911. A&O {88
95
91
Belle v.& S. Ill.—1st, S.F.8s,’96.A&0
106*2
Belvidere Del.—1st,6s,c.,1902. J&D 105
2d mort., 6s, 1885
M&S 100*2 102
96
98
3d mort., 6s, 1887
F&A
Boston & Albany—78, 1892-5.F&A 1116*4 117
68,1895
J&J 1107*4 108
90
Boet. Clint.&F.—1st M., 6s,'84. J&J *185
90
1st M., 7s, 1889-90
J&J *t 85
100
N. Bedford RR., 7s, 1894....J&J *199

Bost. Cone.& Mon.—S.F., 6s,'89. J&J
Consol, mort., 7s, 1893
A&O
Bost. Hart.& E.—1st, 7s, 1900. J&J
1st mort., 78, guar
J&J
Boston & Lowell—New 7s, '92. A&O
do 6s, 1879
A&O i*
New 6s, 1896
J&J
Boston & Maine—7s. 1893-94. J&J
Bost. & N. Y. Air L.—1st 7s.
Bost. & Providence—7s, 1893.J&J
Buff. Brad.& P.—Gen. M.7s,’96.J&J

*190
1100
27*2
27*2
1112%
100*2
1104
1115*2
102

92
101




late transactions.

108

88*2

T. Logansp. & B., 7s, 1884..F&A
Cin. & Clue. A. L., 1886-’90
99
Ind. Cent., 2d M., 10s, 1882 .J&J
Col. & Hock. V.—1st M., 7s, '97. A&O tl03
1st M., 7s, 1880
J&J t99

1893

J&J

I. & M., 1st M., 7s, 1897......J&J
I’a. & Dak., 1st M., 7s, 1899.J&J
Hast. & Dak., 1st M.,7s, 1902. J&J

Chic. & Mil., 1st M.,7s, 1903.J&J
1st mort., consol.. 7s, 1905..J&J

Chicago & Northwest-

Chic. & Mil., Ist M., 7s, ’98..J&J
Madison ext., 7s, g., 1911...A&O
Menominee ext., 7s, g., 1911.J&D
Northw. Un.,lst, 7s, g.. 1915.M&S
Chic. & Pad.—1st M., 7s, 1903. J&J
Chic. Pek.& S.W.—1st, 8s,1901.F&A

Ch’c.R.I.&Pac.—S.F.,in.,6s,'95F&A
6s, 1917, coup
J&J
6s, 1917, reg
..J&J
Chicago St. L. & N. O., 2d M., 6s, ?
($40,000red. an. by Ill. C., 1907 5
Ch.St.P.& M’polis,lst,6s.g,’18.M&N
Land M., inc.,6s, g., 1918 ..M&N

Gpnsol. mort., 7s, 1905

A&O

Cin. H. & I., 1st M., 7s, 1903.J&J
Cin. Rich. & Chic.—1st, 7s, '95. J&J
Cin. Rich. & F. W.—1st, 7s, g... J&D

\ The purohaser also pays

103*2
101
91

73
61
61
72
66
45 34
45
99*2 100

Connecting (Phila.)—1st, 6s ..M&S
Cumberl.Val.—1st M., 8s,1904. A&O
Danb’y& Norwalk—78, '80-92.. J&J
Dan. Ur. Bl. & P.—1st,7s, g...A&0
Dayton & Mich.—1st M., 7s, '81.J&J
2d mort., 7s, 1887
M&S

71

5S*4

106*4 106*4
105

93*4
91*2

*93
94*2
102
72
48
102

935s
95

i03
75
51

85

199
tlOO

10*6*2

103

106

*

*34** *35**
101
95
90
75

101*2
96
92'
80

Dayt. & West.—IstM.,6s, 1905.J&J
1st mort., 7s, 1905
:
J&J
Delaware—Mort., 6s, guar.,’95. J&J *104
Del.&Bound B’k—1st; 7s,1905F&A
Del. Laek.& W.—2d M.,7s, ’81.M&S
Convertible 7s, 1892
J&D
Mort. 7s, 1907
M&S
Denver Pac.—1st M.,7s, g.,’99.M&N
Den.& Rio G.—1st, 7s, g.,1900.M&N
Des M. & Ft. D.—1st, 6s, 1904. J&J
Detroit & Bay C.—1st,8s,1902.M&N

108
99

95

103
103

104
105
103
45

40

72%

73*9

1160*2

*35
1st M., 8s, end. M. C., 1902.M&N *t70
Det. L. & North.—1st,7s,1907.A&O tlOl
{45
Detr. &Milw.—1st M., 7s, '75.M&N
2d mort., 8s, 1875
M&N {45
85
Det.& Pontiac, 1st M., 7s, '78.J&J
70
do
3d M., 8s, 1886.F&A
Dixon Peo.&H.—1st, 8s,’74-89.J&J 1105

i

*50
50

Dubuque& Sioux C.—lst,7s,’83. J&J
1st mort., 2d Div., 1894
J&J 105*2 107*9
ii4&8 il5*^ Dunk. A.V.&P.—lst,7s,g..l900J&D 102
106
East Penn.—1st M., 7s, 1888 ..M&S 102*2
{104
E.Tenn.Va.& Ga.—1st, 7s,1900. J&J 100*8 101
106
88
85
E. Tenn. & Ga., 1st, 6s,’80-86.J&J
90
95
E.Tenn.& Va.,end.,6s, 1886.M&N
lll^s

*

tll2*8 11238 Eastern, Mass.—3*2S,

1135s 11378
t91

92
20

68*2

92
95
25
70
25

101
48
*84

105
53
90
30

Gal.Hous.&II.—1st, 7s, g.,1902.J&J

102

Georgia—7s, 1876-96

105

106

6s
Gilman C1.&

104

105
115

106

U957e
1|95*2
1190*8
DO

109*4
108

62
40
91
93
70
64

69
46

67*2
65
101
95
35
83
48

accrued interest.

75

101*2
96

37
53

68%

82
107

Fram’gham& Lowell—1st, 7s, 1891
do
(notes), 8s, 1883
Gal.Har.&S.A.—lst,6s,g.l910.F&A

101*2

168*2

g.,1906.M&S

Sterling debs., 6s, g., 1906..M&S $77
Elmira&W’msport— 1st, 7s,'80. J&J 105
5b, perpetual.
A&O *55
Erie— (See N. Y. Lake E. & West.)
99
Erie & Pittsb.—1st M., 7s, '82. J&J
Cons, mort,, 7s, 1898
J&J
Equipment, 7s, 1890
A&O
Europ’n & N.Am.—1st, 6s, '89. J&J

105%
Bay C.& E. Sag.—1st, 10s„82.J&J
99*4 100*2
Holly W. & M.—1st, 8s, 1901.J&J
98*2 100
Flushing & N. S.—1st, 7, '89. .M&N
2d mort., 7s
M&N
98*2 100
103
104%
Cent. L.I., 1st, 7s, 1902
M&S
95*8
Cent, exten., 7s, 1903
95
M&N
Ft. W. Jack. &S.—1st, 8s, '89..J&J
107
Ft.W. Mun.& C—1st, 7s, g.,’89. A&O

Sinking fund, IstM.,7s,'85 .F&A
Interest mort., 7s, 1883
M&N 106
Consol, mort., 7s, 1915
Q—F 110*4
Exten. mort., 7s, 1885
F&A
1st mort., 7s, 1885
F&A 107
Consol., gold, 7s, cp., 1902..J&D 1017s
do
do
r eg
Iowa Mid., 1st M., 8s, 1900. A&O
Gal. & Chic, ext., 1st, 7s,’82.F&A
Peuinsula, 1st, conv., 7s,’98.M&S

101

too
t87

2d M., 7s, 1892
J&J
Col. & Toledo—1st mort. bonds

20
do
income M., 7s, 1907
65
Chic. & Iowa—1st M., 8s, 1901.J&J
Chic. I’a& Neb.—1st M., 7s,'88.J&J tl03
100
Land gr., 6s, g....
M&S
Chic.& Mich.L.Sh.—1st, 8s,’89.M&S 195
9*2 10*2
Bangor & Pise. 6 & 7s, ’99.. .A&O
1st mort., 88, 1890-’92:
Var.
Evansv. & Crawf.—1st, 7s, '87. J&J1
Chic. Mil. & St. Paul—
119
Evansv.T.H.&Chi.—1st, 7s, g.M&N
P. D. 1st mort., 88, 1898
F&A 118
106
Flint& Pere M.—lst,l.g.8s,’88 .M&N
P. D., 2d M., 7 3-10s, 1898..F&A 104
Cons. S. F., 8s, 1902
M&N
St. P.&Chic., 7s, g„ 1902....J&J 103*2 105
Flint & Holly, 1st, 10s, '88.M&N
Mil. & St. P., 2d M., 7s, 1884.A&O 101

La. C., 1st M., 7s,

50
86
68
70
76

85
*65
68
73

Col.& Ind. C., 1st M., 7s, 1904.J&J
do
2d M.. 7s, 1904.M&N
Un.& Logan8p.,lst,7s, 1905.A&0

83

28

2d mort., 6s
Va. Cent., 1st M. 6s, 1880... J&J
do
3d M. 6s, 1884... J&J
do
4th M 8s, 1876 ..J&J

46

14%

88
Col. Springf.A C.—1st, 7s,1901.M&S
106
Col. & Xenia—1st M., 7s,1890.M&S 104
Conn. & Passump.—M., 7s, '93.A&O tl02% 103
*
Massawippi, g., 6s, gold, '89 J&J t90
49
51
Conn. Val.—1st M., 7s, 1901...J&J
18
20*a
Conn. West.—1st M., 7s, 1900. J&J

107
40
113*2 114
106
35

85

Joaquin, 1st M.,6s, g.l900.A&0
Cal. & Oregon, 1st, 6s, g., '88.J&J
Cal.& Or. C.P.bonds, 6s,g.,'92 J&J
Land grant M., 6s, g., 1890. A&O
West. Pacif., 1st, 6s, g., '99..J&J
Charl’te Col.&A.—Cons.,7s,'95.J&J
2d mort., 7s, 1910
J&J

Chic.& S.W.—1st,7s, guar.,'90. M&N
28*4 Cin. & Indiana—1st M., 7s, '92. J&D
2d mort., 7s, 1882-87
J&J
28
113*4 Cin.&Sp.—7s, C.C.C.& I., 1901.A&O
do
guar.,L.S.&M.S., 1901 A&O
101*2
Cin. Laf.& Cli.—1st, 7s,g.,1901.M&S
105
Cin. Ham.&D.—1st M., 7s,’80.M&N
116
2d mort., 7s, 1885
J&J
103*2

1115*2 116
*47*2 55
Buff.N.Y.&Erie-1st, 7s, 1916. J&D 105
Buff.N. Y.& Phil—1st, 6s,g.,’96. J& J
Price nominal; no

'

S.

•

{25
{8*2

35

1106% 107
1106*2 107

assented

Cheshire—6s, 1896
J&J
6s, 1880
J&J
Alb’y & Susq.—1st M., 7s, '88.. J&J 108
Chester Val.—1st M., 7s, 1872.M&N
2d mortgage, 7s, 1885
A&O 102
Chic. & Alton—1st M., 7s, '93..J&J
3d mortgage, 7s, 1881
M&N
100
Sterling mort., 6s, g., 1903..J&J
Consol, rnort., 7s, 1906
A&O *98
Income, 7s, 1883
A&O
Allegh. Val.—Gen. M., 7 3-10s. .J&J 108*4 108%
Bds. Kan. C. line,6s,g.,1903.M&N
92
East, exten. M., 7s, 1910
A&O
22
24
Chic. B. & Q.—1st, S.F.,8s, '83. J&J
Income, 7s, end., 1894
A&O
do 7s, 1896
40
45
J&J
Atch'n& Pikes P.—1st,6s,g.’95M&N
78
Consol, mort., 78,1903
J&J
Atch'n & Neb—1st, 7s, 1907.. M&S
Bonds, 5s, 1895
107*4
J&D
Atoll. Top.&S.F.—1st, 78, g.,'99. J&J 1107
5s. 1901
..A&O
106*s
Land grant, 7s, g., 1902
A&O 1106
199
99*4 Chic. & Can. So.—1st, 7s, 1902 A&O
Consol, mort., 7s, g., 1903...A&O
Chic. & East. Ill., 1st mort. 6s
107
Land income, 8s....
J&J t

*

106
87

mort., 7s
t i 12% 112*2 Chesapeake & Ohio—
1st mort., 6s, gold, “A”
110
1st, 6e, gold, “ B”..

RAILROAD RONDS.

6s, 1880
6s, 1885

30

tioo% 101*2

2d

Yonkers, N. Y.—Water, 1903.

101

75*4 753s
1102*2 103*2

Cheraw & Dari.—1st M.,8s,’88.A&0

Wilmington, N.C.8s, gold, cou. on.

1st

*99

do
assented.
L.&W.Coal, cons.,7s,g’d,1900Q-M
do

tl 12

38

--

102*2 Cent. Ohio—1st M., 6s, 1890..M&S
106
Cent. Pac.(Cal.)—lst,6s,g.’95-8 J&J
State Aid, 7s, g., 1884
J&J
1106*2 107

Springfield, Mass.—6s, 1905..

Ask.

Cin. Sand’ky & Cl.—6s, 1900..F&A *t 60
71*4
111*2 iii*2
7s, 1887 extended
M&S t79
115
Consol, mort., 7s, 1890
J&D 135
U13*2
Conv. 8s, 1894 series.
J&J
122
Clev. Col. C. & I.—1st, 7s, '99.M&N 108%
1120
Bur.&Mo.(Neb.)—1st M.,8s, 94.J&J
87*2
Consol, mort., 7s, 1914
J&D
8s, conv., 1883
J&J tl08 109
92
Belief. & Ind. M., 7s, 1899...J&J
Consol, mort., 6s
ioi
Clev.&M. Val.—1st, 7s. g.,'93.F&A
Repub. Valley, 1st, 6s, 1918.J&J 100*2
S. F. 2d mort., 7s, 1876
13
M&S
Bur.&South w.—1st M., 8s,'95.M&N
Clev. & Pitts.—4th M., 6s, 1892.J&J 105*2
Cairo & St.L.—1st M., 7s, 1901.A&O
Consol. S. F., 7s, 1900
M&N 112
Cairo & Vine.—1st, 7s, g.,1909.A&0 '{25 " *36“
100
97
Clev.Mt.V.&Del.—1st, 7s, gold,J&J 1125*2
Califor. Pac.—1st M.,7s, g.,’89. J&J
IT
Columbus ext., 7s, gold, 1901...
83
86
2d M., 6s, g.,end C. Pac., '89.J&J
Colorado Cent.—1st, 8s, g., '90. J&D
60
3d M. (guar. C. P.), 6s, 1905. J&J
45*2
Col. Chic. & I. C.—1st, 7s, 1908. A&O
do
do
3s, 1905. J&J
13
2d mort., 7s, 1890
116
F&A
Camden & Atl.—1st, 7s, g.,'93..J&J 114
45
Chic. & Gt. East., 1st, 7s, '93-’95.
2d mort.,
A&O 104 106

Carthage & Burl.—1st, 8s, '79.M&N
8. Francisco—7s, g.,City & Co. .Var. g-107
Catawissa—1st M., 7s, 1882..F&A
60
65
New mort., 7s, 1900
65
60
F&A
7s, new
Var
Cedar F. & Min—1st, 7s, 1907. J&J
45
60
Cedar R. & Mo.—1st, 7s, '91.. .F&A
J &
Bridge 10s, 1891
1st mort., 7s, 1916
105
M&N
St. Loui8,Mo.—6s cur.,long bds.Var. no4
Cent, of Ga.—1st, cons., 7s, '93.J&J
101
tlOO
1104*2 105*2 Cent, of Iowa—1st M., 7s, g
Water 6s, gold, 1887-90...
Cent, of N.J.—1st M., 7s, '90..F&A
105
do
do (new), 1892
105
7s, conv, 1902
M&N
Bridge approach, 6s
do assented
.Var. 103*2 104*2
Renewal, gold, 6s
Consol. M., 7s, 1899
Q—J
Sewer, 6s, gold, 1891-’93.. .Var. 103*2 104*2
do
assented
104
103
St. L. Co.—Park, 6s. g.,1905.A & C
Am. Dock & Imp. Co., 7s,'86 J&J
Currency, 7s, 1887-'88
Var 104 105

Somerville, Mass.—5s, 1895..
6s, 1885
6*28,1884

Bid.

Railroad Bonds.

Ask.

Bur. C. R.& N.—lst.58,new,’06. J&D
Bur. & Mo. R.—L’d M., 7s, 93.A&O

60
80
7s, water,reg.&cp.,'93-98...A&O 100*2
7s, street imp., reg, '83-86
Var *70
Portland, Me.—6s, Municipal...Var 1107
Railroad aid
Var tl03%
Portsmouth, N. H.—6s, 1893, RR.. tl06
1110*2
r no6-^

Pittsburg, Pa.—4s, coup., 1913.. J&J
5s, reg. and coup., 1913
J&J

1903
J & J
Rockland, Me.—6s, '89-99,RR.F&^ t 98%
Sacramento, Cal.—City bonds, 6s .. g. 28
g.95
Sacramento Co. bonds, 6s
Salem, Mass.—6s, long
A&C tlll*2

Head of First Page of Quotations.

Railroad Bonds.

Ask.

Bid.

City Securities.

6s, gold, 1900
6s, 1885

325

THE CHRONICLE.

28, 1878. J

J&J

*

......

84
78

*60
90
60

85
*

★
*

150
5

{86

70
20
88

72 *2 74*2
108
110

-

Sp.—lst,7s,g.l900M&S
Gr.Rap. & Ind.—1st, l.g., g’d, 7s, g.
1st M.,7s, l.g., gold,not guar. A&O
Ex land grant, 1st 7s, '99
Greenv. & Col.—1st M., 7s, “guar.”
Bonds, guar
Hack’s’k&N.Y. E.—1st, 7s,’90.M&N
Hannibal & Nap.—1st, 7s, '88.M&N
Han. & St. Jo.— Conv. 8s, 1885.M&S

Quincy & Pal., 1st, 8s,

1892.F&A

94
84*2

88

50

90
33
*6

37
10
70

98*2 99*2
42*2
104
1103

Kans. C. & Cam., 1st, 10s,’92.J&J
Harl.& Portchester—1st M,7s,.A&0 105
Harrisb. P. Mt. J.& L.—1st, 6s. .J&J *106

Housatonic—1st M., 7s, 1885.F&A
6s, 1889
J&J

*9*5

105
100
90
80

110

107*2
106

102

91
Houston & Tex.'C.—1st,7s, g.,’91..,
85
West. Div., 1st, 7s, g., 1891..J&J
84
78
Waco & N. W., 1st, 7s, g.,1903. J&J
Cons, mort., 8s, 1912
A&O 68*2 73
111
Hunt. & Br. Top-lst, 7s, '90..A&O *107
2d mort., 7s, g., 1895
F&A *103 104*9
31
25
Cons. 3d M. 7s, 1895 ........A&O

tllinois Central¬
ist mort. Chic.&Springf.’98.J&J {103
Sterling, S. F., 5s, g., 1903..A&O {99
Sterling, gen. M.,6s, g., 1895. A&O {109
do
5s, 1905
Ill. Grand Tr.—1st M.,

$ I** London.

105
101
111
99

J&D {97
8s, '90.A&O 111% 112*9

H In Amsterdam.

326

THE CHRONICLE
GENERAL
For

Railroad Bonds.

K.CTSpteJkoas&WC—.B1,t

Bid.

Illinois Mo. & Tex., 1st M., 7s, ’91
Ind’lis Bl. & W.—1st,7s, g.,’09.
A&O
2d mort., 8s, 1890
J&J
Extens’n 1st M., 7s, g., 1912.J&J
Iud’polis Cin.& L. -1st, 7s, ’97.F&A
3d mort.;7s, 1899
J&D
Ind’apolis & Cin., 1st, 7s,’88. A&O
Ind’polis & St. L.—1st,7s, 1919. Var.
2d mort., 7s, 1900
A&O
Ind’apoli8& Vin.—1st, 7s,1908. F&A
2d mort., Gs, g., guar., 1900.M&N
Intern’l &Gt.No.—Int. 1st, 7s. A&O
.

LM..&SC&laMrksv,t’g61902
H. & Gt.

QUOTATIONS

No., 1st, 7s,g., with certs.

Conv. 8s, 1892
F&A
Ionia & Lansing—1st 8s, ’89. .J&J
I’a Falls & Sioux
C.—1st, 7s,’99 A&O
Ithaca & Athens.—1st m.,
7s,g.J&J
Jackson Lansing & Saginaw—
.

Ask.

+
+

Br. 7s, ’87..J&J

1st mort., 7s, 1889

J&J

Jeff. Mad.& Ind.—1st, 7s,190G.A&O
2d mort., 7s, 1910
J&J
*•

2*2
4%

Ind’pciis & Mad., lst,7s,’81.M&N
Joliet & Chic..—1st M.,8s,
’82..J&J

3

95
55
15
84
65
61
57
5
100
139
*105

97
65
25
90
70
66
63
16
91

74

107*2
87*2
100*2

Joliet & N. Ind., 1st, 7s (guar. M.C.)
95*2 '97*2
Junction
RR.(Phil.)—1st,6s,’82 J&J *102
2d mort., 6s, 1900
A&O *102
Kalamazoo Al.&Gr. R.—1st, 8s. J&J
99
101
Kal.& Schoolcraft—1st, 8s, ’87. J&J
85
Kal.& Wh. Pigeon—1st,7s, ’90.. J&J 100
Kans. C. St. Jo. & C. B.
lstM.,0. B. &St. Jos.,7s,’80. J&J
197*2 100
M. 78,1907.J&J 185
90
do iuc. l)ds, rg.,6s,1907.A&O
35
—

Kans. C. & S. Fe.—1st, 10S.90.M&N

1st

mort., 1.

gr.,

35

45
M.,7s,g.,.J&J 1106*4 107
A&O
100

Income 7s
Kansas Pacific¬
ist mort., 6s, gold, 1895
With coupon certificates
1st mort., 6s, g., 1S96
With coupon certificates

F&A
J&D

7s, g..l899.M&N

With coupon certificates
Land 1st mort., 7s, g., 1880. .J&J
With coupon certificates
Laud 2d mort., 7s, g
With coupon certificates
Leav. Branch, 7s, 1896
M&N
With coupon certificates...

83

do

3d

M., 7s, 1892.A&O
Bufl.&E.,new bds, M.,7s,’98.A&O
Buff. & State L., 7s, 1882
J&J
Det. Mon. & Tol., 1st, 7s, 1906...
Lake Sli. Div. bonds,
1899..A&O
S., cons., cp., 1st,7s. J&J

35

Memp. & ChaiTn—1st, 7s,’80.M&N

100*2 102
75
80
36
40

mort., 7s, 1885

J&J

30

10
40

110
110
112
112

Mob.&Ohio—lst,stcr.8s,g.

63
63
45
15
32
3
30

’83.M&N
Ex. certif., ster., 6s, 1883.. M&N
Interest 8s, 1883
M&N
2d mort., 8s, var
March
Montclair & G. L.—1st 7s, (new)...
2d mort., 7s (old mort lsts)
Mont.&Euf.—1st, end.8s,g.,’86 M&S

Essex—1st, 7s, 1914.M&X
1...F&A

F&A
Bonds, 1900
J&J
General mort., 7s, 1901
A&O
Consol, mort., 78, 1915
T&D
Nasli.Chat.&St.L.—1st,7s,1913 J&J
1st, Tenn. & Pac., 6s, 1917...J&J

1st, McM. M. W.&A.,6s, 1917.J&J
Nashv.& Decat’r.—1st,7s,1900. J&J
Nashua & Low.—6s, g., 1893.F&A
i
Nebraska—1st, 7s, end. B.& M. Neb.
!Newark & N. Y—1st, 7s, 1887.J&J

INew’kS’set&S.—1st, 7s, g.,’89.M&N
N.Haven&Derby, 1st M., 7s,’98.Var
N. H. & N’th’ton—1st M.,7s,’99. J&J
Conv. 6s, 1882
A&O
N. J. Midl’d—1st M., 7s,
g.,’95.F&A

80

93

90
104
80
22
2
22

92

Sterling, 1st M., 7s,
2d mort., 7s, 1896

g., 1891.F&A
M&N
3d mort., 8s, 1890
J&J
Scioto & Hock.Val., 1st, 7s..M&N

Balt. Short L., 1st, 7s,
1900..J&J
Cin. & Balt,, 1st, 7s, 1900...
.J&J
Marietta P. & Clev.—1st,
7s, g., ’95
Consol. 7s
J&D
*

Price nominal;




no

95

97
108
90
95

100*2
95

ctfs. 6 cps., 7s.M&6

cons.M., 7s, gold, 1854
do
certificates, 7s
Conv., 7e, gold, 1904

106

do

do

2d mort., 7s, 1895

Receiver’s certifs. (labor)
do

M&N

' do

(other)
N Y.Prov.&B’n—Gen.7s,
1899. J&J

Norf’k&Petersb.—lstM.,8s,’77.J&J
1st
mort., 7s, 1877

2d mort., 8s, 1893

J&J
J&J

North Carolina—M., 8s, 1878.M&N
100*2 North Missouri—1st M., 1895..J&J
100*2 North Penn.—1st M., 6s, E885.J&J
95
2d mort., 7s, 1896
M&N
823s 83
Gen. mort., 7s, 1903
J&J
82% 83
Northeastern—1st M., 8s, ’99..M&S
30*4 31
2d mort., 8s, 1899
M&S
13*4 13*2 Northern Cen.—2d M.,
6s, 1885.J&J
87
95
3d mort., 6s, 1900
A&O
Con. mort., 6 s, g., coup., 1900. J&J
80
90
Os, g., reg., 1900
A&O
45
Mort. bonds., 58,1926
J&j
.Con. mort, stg. 6s, g., 1904.. .J&J

late transactions.

104*2 105*2
102*4 103

Pittsb.&Con’llsw—lstM.7s,’98.J&J
Sterling

cons.

M., 6s, g., guar.J&J

88

96

97

£94*2

Pitts. Ft. W.&C.—IstM.,7s, 1912. J&J
1
2d mort., 7s, 1912
J&J
3d mort., 7s, 1912
A&O

105% 106
107*8
107%
:io7
:ioi
£83

:92

109
109
109
103

85
93

115%

Equipment, 8s, ’84, all paid.M&S 1106
Pitts. Titusv.& B.—New 7s,’96F&A
25
5
2
10

1

1 0*2 1

r*f-» cr o

115

Rich’d&Dan.—C.M.,6s,”75-90.M&N

74

A&O

98
85
95
104

Piedmont Br., 8s, 1888

f Rich. Fred. & Potomac—6s, 1875...
Mort, 7s. 1881-90
'...J&J

i

I

i

Rich. & Petersb., 8s,’80-’86...A&O
New mort., 7s, 1915
M&N

RomeWat’n&O.—S.F.,7s,1891. J&D

87

Savannah&Chas.—lstM.,7s,’89J&J

5
30
*94

Chas.& Sav., guar., ’6s, 1877.M&S
Skam.Val.& P.—1st, 7s, g.,1901 J&J

Sheboyg’n&F-du-L.—lst,7s,’84J&D

*

Shore L.,

Con».—lstM.,7s.’80.M&S
SiouxC.&St.P.—lstM.,8«,1901M&N
Sioux C. &

Minnes’ta—IstM.,7s

J&J
1st mort. 7s, 1888
J&J
So.Pac., Cal.—1st., 6s, g.,1905-6. J&J
South western(Ga.)—Conv.,7s,1886

Steubenv.&Ind.—IstM.,6s,’84. Var.

St.L.Alt.&T.H.—1st M., 7s, ’94.J&J
2d mort., pref., 7s, 1894
F&A
2d income, 7s, 1894
M&N
St.L.&IronM’t—1st M., 7s, ’92. F&A
103*2 107*2
2d mort., 7s, g., 1897
M&N
101
104*2
Cons, mort., 7s, g., 1914
A&O
92 34 94 *
Ark. Br. 1. gr., M., 7s, g., ’97.J&D
92
98
Cairo Ark. &
50

184

86

1 The purchaser also
pays accrued interest.

75
40
30
87
10
40

96*2
25

105

£93

95
84

Pac., 1st M., 6s, ’98.J&J 1

So.Cen.(N.Y.)—lst7s,’99,gxar.F&A

So.

40

90

So.&N.Ala.—lst,8s,g.,e*d.'90.. J&J

1st,sterl.mort., 5s,g.,'82-’88.J&J

100
110
104
105
107% 108
115
117
106
106*4
102
86

102*2

102
*50

82
f

+

162*2 63*2
Bds,7s,’02,2d M.,u*der 2100A&0 '3 6
109% 110
Bds.,7s,non. mort.,high Nos. A&O
4%
5*4 South Side, L.I.—1st,7,1887...M&S
93*2
*4
1
do
S. F., 2d, 7s,1900.M&N
30
27
34
South Side, Va.—1st, 8s,’84-’9#.J&J 106
20
25
2d mort., 6s, 1884-’90
78
J&J
3d mort,, 6s, 1886-’90
J&J
68

95
105

115
108
26
10

Vt. div., 1st M., 6s,g., 1891..M&N
Portl.&Roch.—1st M.,7s,1887. A&O
55
Pueblo & Ark. V.—1st, 7s, g., 1903. uoo
101*2
Quincy&Wars’w—IstM., 8s,'*90. J&J 1111% 112*2
Reading & Columbia 7s
Ren.&S’toga—1st 7s,1921 cou,M&N ,115

Sterling mort., 6s, g
M&N
65*2 So. Carolina—1st M.,7s,’82-’88.J&J

mmCO©*-

95*2

118*2 119*4

!
!

87

A&O

110% ..—i' 2d mort., 7s, 1892
40
,J&J
89*2 89 7e
Consol, mort., 7s, 1904
30
A&O
120*2
Rutland—1st M., 8s, 1902....M&N 1
120*2
Equipment, 8s, 1880
M&S t
Equipment, 7s, 1880
..M&N t
116
Sandusky M.&N.—1st, 7s,1902. J&J
80
103*2

;

oortifieates.

mort., 7s, 1913

!

88
25
5
28

104*2
1113
115
105% 106
108
no
104*2

164*2

Long Dook mort., 7s, 1892..J&D
N.Y.&Os.Mid.—1st M.,7s,g, ’94.J&J

84
100
27 *2

93
20

Pitts.C.&St.L.—IstM.,78,1900.F&A
2d
i

1 Kt 7ft

j

F&A 193
L. Paducah & S.W—8s,
1890..M&S V16*2
Macon & Aug.—2d,
end.,7s,’79.J&J
95
Maine Cent.—Mort. 7s,
1898...J&J 1106
Exten. bonds, 6s, g.,
1900...A&O t88
Cons. 7s. 1912
A&O
t93
Androscog. & Ken., 6s, 1891.F&A t99*2
Leeds & Farm’gt’n, 6s,
1901.J&J t93
Portl’d & Ken., 1st, 6s,
’83..A&O 199*2
do
Cons. M., 6s, ’95.A&O t99*2
Mansi. &
Fr’harn.—1st, 7s,’89..J&J 85
Marietta & Cinn — 1st, 7s, ’91.F&A

2d

do

£82

2d mort., 8s, 1902
J&.’
Phil. & Erie—1st M., 6s,
1881.A&O
2d mort., 7s, 1888
J&J
2d mort., guar., 6s, g., 1920. J&J

,

'

;*58 * ’ 62’'

..

120
120

N.O.Mob.&Chatt.—lst.gs, 1915. J&J
N.Y.Bost.&M’nt.—lst,7s,g.,’89 F&A

40
20

|
88
186
i Pliila.& Reading—1st
M.,6s,’80J&J 104
104*2
1st mort., 7s, 1893
A&O 112*2 113
90 j
Debenture, 1893
J&J
102*4
Mort., 7s, coup., 1911.
J&D 102*2 103
92
94
Gold
j
mort., 6s, 1911
J&D
101 *2'
Improvement mort., 6s, 1897
92
£90
90*2
j New convertible, 7s, 1893...J&J 50
60
84
G. s. f., $&£,6s,g.,1908, x
64
cps.J&J £62
90
100
Scrip for 6 deferred *2 coupons
81
83
1104*4 104*2)
Coal & I., guar. M„ 7s, ’92.. M&S
Phil.Wil.&Balt— 6s, ’92-1900.A&O 105

108

2d mort., 8s, 1890, certifs ..A&O
2d mort. debt
A&O

do

cps.,Dec.,’77,to J’e,’80,iuc.

......

N.O.Jack.&Gt.N.—lstM.,8s’86. J&J

A&O

M.,guar.,P.&.R.,Gg.,1913.J&D +

Scrip iss. for f’d coup’ns,’77to ’80
Petersburg—1st M., 8s, ’79-’98. J&J

j

J&D

*20

86

119
119

mort., 7s, 1907

C.

Ex fd.

118*2 120
104*2 105

Mort., 7s, coup., 1903
J&J
cons.,reg.,2d, 7s,1903.J&D
105*2
Mort., 7s, reg., 1903
J&J
Lawrence—1st mort,, 7s,1895.F&A
Subscription, 6s, 1883
M&N
Leav. Law. & G.—1st,
30
10s, ’99.J&J
40
Sterling mort., 6s, g., 1903... J&J
South. Kans., 1st M., 8s,
1892
N. Y. C., premium, 6s, 1883.M&N
Lehigh & Lack.—1st M.,7s, ’97.F&A
do
6s, 1887
J&D
Lehigh Val.—1st M., 6s, 1898. J&D 110*2 113
do
real est., 6s. 1S83..M&N
2d mort., 7s, 1910
M&S 114 jll5
I Hud. R., 2d M., 7s., 1885... .J&D
Gen. M., s. f., 6s, g., 1923... .J&D 100
100*4 |N. Y. Elevated.—1st M., 1906. J&J
Delano Ld Co. bds, end.,7s,’92J&J
Lewisb. & Spruce Cr.—1st, 7s.M&N
iN.Y.&Harlem—7s,coup.,1900.M&N
i
7s, reg., 1900..
M&N
Little Miami—1st M., 6e,l 883.M&N 100
100 is N. Y. Lake Erie &
West. (Erie)—
L. Rock&
’95.J&J *145
Ft.8.—lst,l.gr.,7s
55
1st
mort., 7s, 1897
M&N
Little SchuvLkili—1st,
7s, ’77. A&O 103
2d mort., 7s, 1879
M&S
Long Island—1st M., 7s, 1898.M&N 101
3d mort., 7s, 1883
M&S
Newtown & FI., 7s, 1903 ...M&N
80
4th mort., 7s, 1880
N. Y. &
A&O
Rockaway, 7s, 1901.A&O
80
5th mort., 7s, 1888
J&D
Smitht’n & Pt. Jeff., 7s, 1901.M&S
Sterling, 6s, gold, 1875
Louis’a & Mo.R.—1st, 7s, 1900F&A
M&S
99% 100%
1st
cons.
M., 7s, gold, 1920. M&S
Lou’v.C.& Lea:.—1st,7s,’97 J&J
(ex) 1103*4 10334
do
do ex certifs
2d
Louis v.& N.—Con. 1st
M-7s,’98A&0 10778
2d mort., 7s, g., 1883
M&N
88
90
Louisville loan, 6s, ’86-’87..A&0
Leb. Hr. ext., 7s, ’89-’8o
Leb. Br. Louisv. l’n, 6s, ’95..
A&O
Mem.& 0.,stl., M.,7s, g.,1901J&D
107
:io5

S.

Perkiomen—1st M., 6s, 1897..A&O

40

94

cons., reg.,1st,78,1900.0—J
cons., cp., 2d,7s, 1903..J&D

100*4

M&S 1102*2 103

Peoria Pekin & J.—1st, 7s, ’94. J&J
Peoria&R’k I.—1st,7s,g.,1900.F&A

*

N’burgh&N.Y.—1st M. 7s,1888.J&J
N. Lon.&North.—1st
M.,6s,’85.M&S
2d mort., 7s, 1892

65
65
50
20
40
6

+92

do

do
do

114

liio&Miss.—Cons.

108

Penn.&N.Y.—lst,7s,’96&1906.J&D

N.Y. & Can.—£ M., 6s, g„ 1904.M&N
New York Cent. & Hud.—

107*2 108
112
113
113
105

S. F., 8s, 1890

,

110
101
99
38

103

Northern, N.J.—1st M., 6s, ’88. J&J
92
Norw’li&Worc’r—1st M., 6s.’97. J&J 106
Ogd’nsb’g&L.Ch.—1 st M.6s,’98, J & J tlOO

mort., 6s, g. ’93..A&O
Income, 7s
M&S
Depot mort. bonds, 1892
M&N

96
*32

112*2

Ask.

'

N. J. Southern—1st M., 7s, ’89.M&N

......

Bid.

'

2d mort, 7s, 1891
70

Railroad Bonds.

F. 7s,’98. J&J 101
Mem. & L. Rock—1st, 8s, ’90.M&N
Cons, mort., 7s, ’98
J&J 100*2
Mich. Cen.--1st M., 8s, 1882..A&O 111*2 113*2
2d mort., 7s, 1911
67
A&O
Consol., 7s, 1902
r..M&N 112
Oil Creek—1st M., 7s, 1882...A&O
77*2 84
1st M. Air Line, 8s, 1890
J&J. 1105
105*2 Old Colony—6s, 1897
F&A 1106
1st
do
8s, guar....M&N
90
6s, 1895
:
J&D 1106
Equipment bonds, 8s, ’83.. .A&O
7s, 1895
M&S 1113
Gd. Riv. V., 1st 8s, guar.,’86.J&J
199*2 100*2 Omalia&N.W.—1st, T.
12
25
g., 7.3," '.J&J
do
2d mort., 8s, 1879.M&S ★
Omaha & S.W.—lstM.,8s,189 5.J&D 113
114
Kalaraazoo&S.H.,lst,8s,’90.M&N
Orange& Alex.—1st M.,6s,’73.M&N
90
100
Mich. L. Shore 1st M., 8s, ’89.J&J
2d mort., 6s, 1875
J&J
72*2 78
Mil. & North.—1st, 8s, 1901... J&D
45
55
3d mort., 8s, 1873
35
M&N
40
Miun. & St. L., 1st m„ 1927...J&D
75
80
4th mort., 8s, 1880
12
M&S
20
do
87
guaranteed
Or. Alex.& M., 1st M., 7s, ’82.J&J
49
50*4
Miss. Ceil.—1st M., 7s, ’74-84.M&N 100
102
Oregon & Cal. 1st M. 7s, 1890. A&O ;35
40
2d mort., 8s, 1886
102
F&A
Frankfort Com. Rec’ts, x coup...
32
:30
do
Ex coup
85
87
86
93
Osw.&Rome—IstM., 7s, 1915.M&N
Miss.& Tenn.—1st M., 8s, scries “A” 109
Osw. & Syracuse—1st, 7s, ’80.M&N
do
80
8s, series “B”
82
Ott. Osw. & Fox R.—M., 8s, ’90.J&J Hi
Mo. F. Scott &G.—1st., 10s,’99.J&J
82*2
Panama—SteiTgM., 7s, g. ’97.A&O ;i08 110
2d mort., 10s, 1890
12
A&O
15
Paris & Danville—IstM.,7s .1903:
Mo. Kansas & Texas—
Paris&Dec’t’r— IstM.,7s,g.,’92. J&J t!5
25
1st mort., 7s, gold, 1904-6.. F&A
43
44
PekinL.&Dec.—lstM.,7s,1900.F&A
1st, 6s, g., 1899. (U. P. S. Br.)J&J
Pennsylvania— 1st M., 6s, ’80.. J&J 104*2 105
2d mort., income, 1911
A&O
’li”
General mort, 6s, coup.,1910 Q—J 107*2 108
Han. & C. Mo., 1st 7s, g.,’90.M&N
85
do
6s, reg., 1910. A&O 106
107
do
2d, 1892.... M&N
85
Cons, mort., 6s, reg., 1905..Q—M
93*2 93%
Missouri Pac.—lstM.,Gs,g.,’88.F&A 103*4 103*2
do
95
6s, coup., 1905..J&D
96
2d mort., 7s, 1891
J&J
99*2 100
Navy Yard, 6s, reg., 1881 ...J&J 100
Car. B., 1st

Construction, 7s, 1889

50

103
111

Ask.

Marq’tte Ho. & O.—lst,8s,’92.F&A
Mar. & O., M., 8s, 1892
J&D

Morris &

Income Ms, No. 11,7s, 1916.M&S
12
do
No. 16.7s, 1916.M&S
9
Keokuk&Dcs M.—1st,7s, 1904. A&O
73
76
Funded interest, 8s, 1884...A&O
80
Keokuk & St. P.—1st,
8s,’79..A&O 1 100*2 i oi
Laf. B1.&Miss.—1st,
7s, g.,’91.F&A
50
Laf.Munc.& Bl.—1 st,7s,g.l901F&A
50
Lake Shore & Mich. So.—
M. So.& N.I.,
S.F.,lst, 7s,’85.M&N
Cleve. & Tol., 1st M.,7s, ’85..J&J
do
2d M., 7s, 1886.A&0
Cl. P. & Ash., 2d M., 7s, ’80..J&J

Bid.

83*2 Monticello&Pt.J.—1 st.
7s.g.’90Q—J

100
98 7e
78
69

BONDS—Continued.

Page ot Quotations*

-

76
82

87
100
106

at Head of First

Railroad Bonds.

2d

tiof

STOCKS AND

*25
*103
Houghton & O., 1st, 8s, ’91...J&J *30
5*2 Mass. Central—1st, 7s, 1893
*25

24

1st M., 8s,’85, “white bonds”J&J 1104
104*2
North Exten., 8s, 1890
M&N 1 102
103
Consol, mort., 8s, 1891
192
M&S
94
2d mort., 1878
+99 % 100
Jamest. & Frankl.—1st, 7s, ’97.J&J
2d mort., 7s, 1894
J&D

Jefferson—Hawl’y

OF

Explanations See Notes

fVgl. XXVIL

Cairo & Ful.,

T.,1st,7s,g.,’97.J&D

lst,l.g.,7s,g.,’91.J&J
St.L.K.C.&N.2d(r’l est.),7s,’95 M&S
£ In London.

1T In Amsterdam.

30
85
98

100
*95
107

32
27

35
83
70
40
90

101

98

il09
65
67
25
29
103% 104
60

62*2

67*2

40
65
86

55
70
90

September

THE CHRONICLE.

28,1878.]

QUOTATIONS OF STOCKS AND BONDS—CoirriNGED.

GENERAL
For

Explanations See Notes at Head of First Page of Quotations.

Railroad Bonds.

Bid.

Ask.

St. L.& S.E.—Con. M.,7s, g.,’94M&N
1st, cons., 7s, g., 1902 .
F&A
Evansv. H. &N.,lst,7s, 1897. J&J
St.L. Jack8’v.& C.—1st, 7s, ’94. A&O
St.L.&SanF.—2d M.,classA,’06M&N

25
3
*40

35

2d M., class B, 1906
M&N
do
class C, 1906
M&N
South Pacific.—1st M, 1888 .J&J

5

108*2
50
26

48
22

20

82*2

St.L.Vand.&T.H.—lstM.,7s,’97.J&J *99
62^
2d, 7s, guar.,’98
M&N
St. Paul & Pac.—Istsec., 7s..-J&D IF
2d sec., 7s
M&N ^49
Cons., 7s
J&D 1118

83
104

20
108

fcrcons’d

United Co’s N.J.—Cons.,6s,’94.A&O *104

Sterling mort., 6s, 1894

108

M&S 1106

do

6s, 1901.... M&S *108
Cam. & Amb., 6s, 1883
F&A 103*2
do
6s, 1889
J&D *103*2
do
mort., 6s, ’89.M&N 110*2
UnionPac.—1st M.,6s,g.’96-’99.J&J 106*2
Land Grant, 7s, 1887-9
A&O 1063*
Sink. F.,8s, 1894..
M&S
99%
Om. Bridge, sterl. 8s, g., ’96.A&0 J113
Union & Titusv.—1st, 7s, 1890,J&J *40
Utah Cen.—1st M., 6s, g.,1890. J&J
72
Utica & Bl’k R.—1st M., 7s, ’78. J&J
95

Mort., 7s, 1891

50

90
25
Mississquoi, 7s, 1891
J&J
20
Verm’t& Mass.—1st M., 6s,’83.J&J 1101*2
Conv. 7s, 1879
J&J j 1110
do
7s, 1885
J&J till
Vermont Cen.—1st M., 7s. ’86.M&N
11
2d mort., 7s, 1891
^2
’
J&D
Stanstead S. & C., 7s, 1887. .J&J
25
J&J

J

Vick.&Mer.—lstM.,end.,7s,’90.J&J
2d mort, end., 7s, 1890
.J&J
Virginia&Tenn.—M., 6s, 1884.. J&J

3d mort., 8s. 1900
J&J
Wabash—1st mort., 7s, 1890. .F&A
ex

coup....

M&N
M&N
Q—F

Equipment, 7s, 18S3
Cons, mort., 7s, 1907

do
ex Aug.,’78,&prev.
1st, St. L. div., 7s, 1896
F&A
do
do ex mat. coup.
Gt. West., Ill., 1st, 7s, ’88... F&A

35
30
95
103

26
25
111
112
13
3

27
45
40
100
105

103*4
89
42

11
50

37*2

45

90

100
100

Boston & Maine
Boston & Providence
Buff. N. Y. & Erie, leased

Camden & Atlantic
do
Pref

50
50

Catawissa

50

50
50
100
100
100
100

Old, pref
New, pref

Rapids & Mo

do
Pref.,
Central of Georgia
Central of New Jersey

7

82'

§35
§5
§36

§32*2

88
104
57

35*2

101
86

Cheshire, pref

Chicago & Alton

100

RAILROAD STOCKS. Par.

Albany & Susqueh., Guar., 7...100
•Allegheny Valley
50

Atchison'Topeka & Santa

Fe..l00

Atlanta & West Pt

100

Atlantic & Gulf

166

72%

do
Guar.,7..
Atl. & St. Law., leased, 6, £

73

100
100 txl05 107
Augusta & Savannah, leased... 100
Baltimore & Ohio
100
92*2 93*2
do
96
90
Pref., 6
100
do
92 *2
85
2d, pref
Washington Branch
130%
100 110
2
%
:
Parkersburg Branch
100
Berkshire, leased, 7
IOO
Boston & Albany.!
100 130*8 13*6%
Bost. Clint. Fitclib. & New Bed.100
5
4*2
Bost. Con. & Montreal
1..100
do
70
75
Pref., 6...100
B oston & LoweU
500
76
77
♦Price nominal; no late transactions.




do

7%
15*2

.....1

Pref.

88*4

102% 103

62
36

124

125*2

§34

34*8

Pref.

do
2
33

81

80*2
7 *2

Pref., 8.

35

8

§6

84

Pref., 8.

do

_

Clev. Col. Cin. & Indianapolis.. 100
Clev. & Mahoning Val., leased.. .50
Clev. & Pittsburgh, guar., 7
50
Col. Chic. & Indiana Central... 100
Columbus & Hocking Valley... .50

50

{Columbus & Xenia, guar., 8

32%

Prof., 7..50

do

Erie Railway
do
Prof., 7
do
Recons. trus. ass’t
do
do
do
do
do
do
Erie & Pittsburg, guar.,

100

100

ij>6 pd.
$4 pd.
$3 pd.
$2 pd.

50

7

Maine Central
Manchester & Lawrence
Marietta & Cin., 1st pref
do
2d pref
Balt. Short Line, guar., 8
Cincinnati & Balt., guar.,

do
do

13*4
28

+19
U8
+34
;33

50
50

25

5

70
100
Michigan Central
Mine Hill & 8. Haven, leased—50 §48*2
Missouri Kansas & Texas
100
Mobile & Ohio
100
Morris & Essex, guar., 7
50
92
Nashville. Chat. & St. Louis
25
Nashua & Lowell
100 103

100

135

Nesquehoning Valley, leased, 10.50
New Haven & Northampton... .100
New Jersey Southern RR
100
N. London Northern,leased, 8.. 100

§45

Naugatuck

.

do

pref

New York & New England
N. Y. N. Haven & Hartford

1 The purchaser also pays

100
100

accrued interest,

Pref., 7
Scrip

42*2

100

14
1

67

Seaboard & Roanoke
do

85

32*2
4
50

1*2

40
3
6
55
2
7

5V8

5%

50
50 §
100

100
Shamokin Val. & P., leased, 6...50 §
14*2 Shore Line (Conn.), leased, 8.. .100 G.20
guar.

50
70

5
60

80

St. Louis Alton & Terre Haute. 100
do
do
Pref. 100
Belleville & So. Ill., pref
100
St. Louis Iron M’11 & Southern. 100
60
St. Louis Kansas C. & North... 100
53*4
do
do
pref., 10.100

123

100

South Carolina

Southwestern, Ga., guar., 7
Syracuse, Bingh’ton & N. Y
13% Summit Branch, Pa

.100

100
50

“9“ “ii”

*2*6 *
18*2

do
do

do
do

36
35

126
121*
75

Vermont & Mass., leased, 5
15% Wabash

38*2 Warren (N. J.), leased, 7
57
Westchester & Phila., pref
West Jersey...:
West.
15

100

66
10
113

17%

50
50 *§56
50 *§20

66*4
114
18
60

30

1

5

20

70
22

*70

72

60
*90
100

100

Maryland

Wilmingt’n & Weldon, leas’d, 7.100
Worcester & Nashua
100

4

81*2

CANAIi

BONDS.

Cliesap. & Del.—1st, 6s, 1886..J&J
*85” Chesapeake & Ohio—6s, 1870 Q.—J
Delaware Division—6s, 1878..J&J
Del. & Hudson—7s, 1891
J&J
1st ext., 1891
M&N

73%
5

7s, 1884
Coupon 78.

J&J

1894..A&O

103

102

103*2
40
12

6678 Jas. Riv. & Kan.—1st M., 6s..M&N
2d mort., 6s
M&N
39*2'
92
44

70

100

A&O

Registered 7s, 1894

Lehigh Nav.—6s, reg., 1884...Q—J 105% 106*4
106
Railroad 6s, reg., 1897
Q—F 105
Debenture 6s, reg., 1877
J&D
Convertible 68, reg., 1882...J&D

96
95
do
68, g., reg., 1894.M&S
95
95*2
68, gold, coup. & reg., 1897..J&D
75
34*2
Consol, mort., 7s, 1911
J&D *70
101% 102*2
Louisv. & Portl.—3d mort., 6s
104
103
4thmort., 6s
..;
25
Morris—Boat loan, reg., 1885. A&O
134
New mortgage

Pennsylvania—6s, coup., 1910.J&J
Sehuylkill Nav.—1st, 6s,1897.Q—M
2d mort., 6s, 1907
J&J
Mortgage 6s, coup., 1895
J&J
7
68, improvement, cp., 1880.M&N
70*2
6s, boat and car, 1913
M&N
49*2
78, boat and car, 1915
M&N
Susquehanna—6s, coup., 1918. J&J
6
7s, coup., 1902
J&J
84*2 Union—1st mort., 6s, 1883.. .M&N

60
89
62

64
91
65

*50“
*60
*27

70

49

50

33*2
CANA1. STOCKS.
140
46
20

1*8
113%

75

135

3

25
92

Sandusky Mansfield & N.
Schuylkill Valley, leased, 5

43

101*2

100
100

Chesapeake & Delaware
Delaware & Hudson

Newcastle & B. Val., leased, 10. .50

N. Y. Central & Hudson Riv—100
New York Elevated
New York & Harlem
50

Valley

55

100 *15
100 132

8

83

Rensselaer* Saratoga
100
4*2 Richmond & Danville
100
90
Richmond Fred. & P
100
do
do
guar. 6—100
72*2 74
do
do
guar. 7
100
117
120
Richmond & Petersburg
100
49
50
Rome Watertown & Ogdcnsb. .100
133
135
Rutland
100

100 120*2

Fitchburg

33*4

Pueblo & Arkansas
82 *2
4
86
100

Danbury & Norwalk
50 5*
Dayton & Michigan, guar., 3*2 -50
91
do
Pref., guar., 8.50
Delaware
50
Delaware & Bound Brook
100
53
Delaware Lack. & Western
50
Dct. Lansing & Northern, pref. 100
100
Dubuque & Minnesota
Dubuque & Sioux City
100 *35
East Pennsylvania, leased
50
40
East Tennessee Virginia & Ga.100
14%
Eastern (Mass.)
100 60
Eastern in N. H
100
Elmira & Williamsport, 5
50

Memphis & Charleston

82

do

do
Pref., 7
100 101
§157b 16
pbk
do
Pref., 7
§
Chicago Burlington & Quincy.. 100 112 112*4
5
10
*§127 128
Chicago & East Illinois
Chicago Iowa & Nebraska
100 120 120*2 Phila. Germ’n & Nor., l’sed, 12. .50 §100 101
29% 29%
Chicago Milwaukee & St. Paul. 100
§63% 64
69% 69*2
12
do
Pref., 7.100
5
Chicago & North Western
100 38*8 38*4 Pittsb. & Connellsville, leased... 50
69% 69*2 Pittsburg Titusville & Buffalo.. .50
do
4*8
Pref., 7.100
§4
11834 Pittsb. Ft. W. & Chic, guar., 7.100
97% 98*4
Chicago & ROck Island
100 118
15
20
85
Cin. Hamilton & Dayton
do
100
Special, 7.100
5
88
87
§4%
Cin. Sandusky & Cleveland
jrtland Saeo& Portsm.,l’sed 610<
50
34
9
10
do
Portsm’th Gt. Falls & Conway. 10v
Pref., 6.50 $>32

102*2 Macon & Augusta

1916..J&D 1f91%
Wisconsin Cent.—1st, 7s, 1901. J&J
35
Worc’r& Nashua—7s, ’93-’95. .Var. tl06
107
Nash. & Roch., guar., 6s,’94.A&O 187*2 88

8
37
33

&

,...

M&N

40
16
91*2 92
§17*2 18
130
132
19% 20

38*2

50
100

100
100

Ask.

§39
§15

Northern

50

Central Ohio
do
Pref
Central Pacific
Charlotte Col. & Aug

-

2d mort., 7s, 1907
Ex., 1. g., mort., 7s,g.,

111

§26

..

Winona&St.Pet.—lstM.,7s,’87.J&J

Bid.

Railroad Stocks.

108% 109
110
75
23

70
Georgia Railroad & Banlc’g Co. 100
Grand River Valley, guar., 5.. 100
15
do
do ex coup.F&A 101*2 102*4 Hannibal &St. Joseph
.100
do
'
85
do
Pref., 7.. 100
2d, 7s,’93...M&N
do
ex & Nov.,’77,coup.
71
Harrisburg P. Mt. J.& L., guar.,7.50 §*53
67
’68*2 Housatonic
100
Q’ncy&Tol., 1st, 7s, 1890..M&N
do
ex mat.& Nov.,’77,cp.
71
75
do
Pref., 8
100
10
HI. & S. Ia., 1st, 7s, ’82
Houston & Texas Central
100
F&A 100
do
do
90
§**2
ex coup..F&A
50
Huntingdon & Broad Top
Warren (N.J.)—2d M., 7s, 1900.
do
do
Pref... 50 §*1
81
7o
65
Illinois Central...
100
Warren&Fr’kln—lstM.,7s,’96.F&A
Westch’r& Phil
117
Cons.,7s,’91. A&O 114
50
Indianap’s Cin. & Lafayette
*76“
West’n Ala.—1st M., 8s, ’88:..A&O 106
109
Jeft’v. Mad. & Ind’p’s, l’sed. 7.. 100
2d mort., 8s, guar., ’90
108
Joliet & Chicago, guar., 7
A&O 104
100 100,
70
West. Md.—End., 1st, 6s,90...J&J 105
108*2 Kalamazoo A. & Gr.R., guar., 6.100
6
1st mort., 6s, 1890.
102*2 Kansas City St. Jos. & Coun. B.100
J&J 101
73*2
End., 2d mort., 6s, 1890
J&J 105 108*2 Kansas City Topeka & Wost’n.100
4
2d mort., pref., 6s, 1895
70
75*2 Kansas Pacific
100
J&J
2d, end. Wash. Co., 6s, 1890. J&J 103*2 108 ’ Keokuk & Des Moines, pref... .100
66 34
109
3d, end., 6s, 1900
Lake Shore & Mich. So.
100
J&J 108
90
Lawrence (Pad, leased, 10
West’nPenn.—1stM., 6s, ’93. .A&O *80
50 §■
Pitts. Br., 1st M., 6s, ’96
90
Leavenworth Law. & Galv
100
J&J *80
West. Union RR.—lstM.,7s,’96F&A
S3
78
50 §39*4
Lehigh Valley
W. Jersey—Debent. 6s, 1883..M&S *80
100
Little Rock & Fort Smith
91
1st mort., 6s, 1896
106
J&J 104
Little Miami, leased, 8
50
Consol, mort., 7s, 1890
107
A&O 105
Little Schuylkill, leased, 7
50 §43*2
Wichita&S.W.—1st,7s,g.,guar.,1902 197% 98
50
Long Island
100
96
Wil.& Weldon—S. F., 7s, g., ’96. J&J
Louisville & Nashville
100 "34“
25
20
Wil.Col.&Aug.—lstM.,7s,1900.J&D
Lykens Valley, leased, 10
100

78*4

Ask.

100
25
Burlington C. Rapids & Northern..
100 104% 105
Burlington & Mo., in Neb

105
Concord.
50
111*2 Concord & Portsmouth,guar.,7 100
1065s Connecticut & Passumpsic
100
107
Connecticut River
100
100*4 Cumberland Valley
...50
115
do
Pref.
50

78

Verm’t & Can.—New M., 8s

do
do
2d mort., 7s, 1878

110
104

Bid.

Railroad Stocks.

do
72*2
do
Cedar

Bonds of 1869, 7s
M&N tf30
St. Vincent & B., 7s
J&J IT 6%
do Receivers’ certfs., 10s. J&J
90
Summit Br.—1st, 7s, 1903
J&J *180
8unbury&Erie—1st M., 7s,’77. A&O *109
70
65
Su8p.B.&ErieJunc.—1st M.,7s
Syr.Bing.&N.Y.—consol.7s,’06A&0 104
102
Terre H.& Ind.—1st M., 7s,’79. A&O 100
Texas & Pac.—1st M., 6s, g
M&S *88*2 89
60
55
Consol. mort.,6s, g
J&D
42
Tol.Can. S.&D’t.—lst,7s,g.l906J&J
96
Tol.P.&W.—lstM..E.D.,7s,’94.J&D
98
1st mort., W. D., 7s, 1896...F&A
20
2d mort., W D., 7s, 1886
A&O
Burl. Div., 1st, 7s, 1901
J&D
do
20
Cons. M., 7s, 1910..M&N
94
Purch. Com. Rec’t 1st M., E. D.
94
do
1st mort, \V. D.
do
Burlington D...
20
1st pref. inc. for 2d mort

„do

327

139
138
27% 28
159
158

Par.

50
100

Delaware Division, leased, 8... .50 §*
v
James River & Kanawha
100

50 §18

Lehigh Navigation
Morris, guar., 4

100 §50

do
pref., guar. 10
Pennsylvania
Schuylkill Navigation
do
do
pref
Susquehanna

t In London.

U In Amsterdaqi.

....

100 §122
50 *§
50 §*
$7
50
50 §*

18*4
55

“*8**

§ Quotation per share.

6

328

THE CHRONICLE.
GENERAL
For

Miscellaneous.

Bid.

Ask.

mSC’LLANEOCJS

Miscellaneous.

90
91

93
92
1031? 106

Un. RR.,lst, end.,6s.
do 2d,end. 6s,g.M&N
Consol. Coal—
1st M., 7s, 1885. J&J

96
75

100
85

98
96

100
100

let, 7s, g.. 1900.A&0

170

M.,7s,g.,1901 J&J

j32

1886.M&S

18

RR.,lst,£,98,g

135

75
37
13
45

Cons. M., 7s,’86.J&J
Jtferc.Tr.real est. m.,7s

95

100

1st, conv.,6s,’97.J&J

Bartlett (Mass.).

1st

M., 6s, ’79...J&J
2dM.,6s, 1879. F&A

■HI. & St. L. Bridge-

3d, 7s,

Tun’l

g.,

$lariposa Gold L.&M.—
If. Eng. M. Security,7s
PuHnrn Palace Car—
2d M., 8s, ’81..M&N
,3d series, 8s,’87F&A
Ath do
8s,’92F&A

Everett (Mass
!Franklin (Me.)
: Great Falls (N.

95

92*2
91*2

93

100%:

100

6s, g., $

Western Union Tel.—

1900.M&N

no
no

7s reg., 1900.. M&N

SterPg 6s, 1900.M&S ;ioo
Amer’n SS.Co.(Phil.)—
81
6s, R. C., 1896.. A&O

102

81% Lyman M. (Mass.).
Manchester (N.H.) 100

STOCKS.

Araer. Diet. Tel
25
Amer. Dist. Tel.(Balt.)
Atlan. & Pac. Tel.. 100
Boston Land
10
Boston WaterPower..
Brookline Land
5

Naumkeag (Mass.)lOO

30

21
27

1*2
17

Mtg.Secur.IBost.)

do

Chelsea G. L

American Coal

95%

Cincinnati G. & Coke

Metropolitan, N.Y.100

Municipal

Locust Mt. Coal

101

101

1021?

14%
750
30
114

do

pref. 100
Maryland Coal...TOO

15
765
31
115
112

111
120
99

40

..




|

25
25
25

1

1

|
25
25

90

I

95

|

25c.
50c.
25c.

11%

i

.

......

12%
1%

50
......

no late

Commercial Nat.. TOO
Corn Exch. Nat.. TOO
3-60
Fifth National...TOO
100
First National
•90
i
Hide and Leather
Home National
100
Merchants’ Nat.. TOO
Nat. B’k of Illinois.100
N orthwestern N at. 100
•90
Union National.. .TOO
1%
Un.Stock Y’ds Nat.100

Cincinnati.
First National
Fourth National

110
12
27
12
100
20
34
31
100

127

135%
200
109
103
114
114
90
97

104%
132
129

90

96

170

190
95
230
100
100
95
160
160

35
100
80
10
60
40
140
130
130
175
90

83

114
13
30
13
106
30
35
33
118

”8*6'
150

Banking Co..

95
110
150

140
130
101
100
97
115

155

Cleveland.

<

-

106*

Merchants’ National..
Nat. Bank Commeroe.
Second National
Third National
Citizens’ 8. & L—100|
< Commercial Nat .TOO
First Nat
100
Merchants’ Nat... 100
National City
100

......

tin London.

103%

101% 101%

126
98

German

Bank of Commerce.25
25
Chesapeake

mt.

127

...

Bank of Baltimore 100

accrued

130
129
103
123
135
199

200
90
90
90
150
150

First Nat. of Balt. TOO
1 Franklin
12%
6%
7% !
■German American
100
106
100
Second Nat
i Howard
7
...A
10
48
Hartford.
27
..30
j Marine
30
65
Etna Nat
100
(Mechanics’
.TO
9%
9%- American Nat
50
'Merchants’
TOO 104% 106
Charter Oak Nat.. 100
(National Exch’ge 100
98
100
i
25
People’s
!
19% 20
Connecticut River..50
Second National TOO 118
Far. & Mech. Nat. 100
Third National... TOO
93
ibo
First Nat
100
Union
58
..75
60
Hartford Nat
100
29
..20
30
Western
J
Mercantile Nat—100
181
J
National Exchange.50
30
Boston.
Phoenix Nat
100
1% Atlantic
TOO 128
129
State
100
10c. lAtlas
TOO 113
114
10c. i Black8tone
TOO
99
100
Louisville.
4%* iBlue Hill
90
TOO
93
Bank of Kentucky...
7
Boston Nat
TOO
95
100
Bank of Louisville...
30c. Boylston
TOO 108
109
60c. Broadway
TOO
82
85
50c. Bunker Hill
TOO 155
160
50c. Central
83
TOO
84
100c. City
TOO 109
110
50c. Columbian
TOO 134
135
& Drovers’..
12% Commerce
TOO
82% 83%
5cJ Commonwealth.. TOO
92
95
2
Continental
TOO
85
90
100 104% 106
Eagle
13
!
Eleventh Ward... TOO
138 Eliot
TOO 103% 104%
25c. Exchange
100 138
139
25c. Everett
100
92
95
50. Faneuil Hall
100 126% 127

transactions, t The purchaser also pays

64
150
132
130

Chicago.

4-40

..

STOCKS.

1

75

*94%

4T0

.

Madison
1 Mesnard
Minnesota

47

1

nominal;

r

155

....

fit. Louis G. L
50
Laclede, St. Louis. 100

*

§55

62

147

People’s National. 100
People’s of S.C. (new) 2o
S. C. Loan & Tr. Co. 10o
Union Bank of 8. C.5o

******

Farmers’&Plauters’25

104%

112% 113%
104% 105

Charleston.
B’k of Chas.(NBA) 100
First Nat. Chas.. TOO

BANK STOCKS.

2
15
20

90
105

Brooklyn Trust

100

.

81

90%

105
88
91% 92
108
110
150
153
120
118
90
95
130% 131
90
155
160
100
102
133
133%

85

Mechanics’
Nassau

9*2

100

Citizens’
.TO
Com. & Farmers’. TOO
Farmers’ B’k of Md.30
Farmers’ & Merck..40

100

Manufacturers’

2-95

Utah
Union Consol

34

100

Long Island

Tip Top

12
31

100

First National

•20

Sierra N evada Silv.100

160
15

Security

2% Fulton
1%
2% City National
Commercial
1-60

10

4212 Silver City

L,

100
100

90
89
103
104
104
86

78

Brooklyn

Ophir Silver
100
Orig.Comst’k G& S100
Original Keystone....

2%

100

Atlantic

j Ontario..

2

BOSTON MINING

97
70
73
70
80
99% 101
^

100

Yellow Jacket

i

40
140
120

Lacrosse
Leeds

Merrimac Silver... TO
Mexican G. & Silv. 100
Moose
Mont Bross
N. Y. & Colorado
(Northern Belle...TOO

25%

......

75

50

Silver Hill
100
Southern Star G&S100

......

114

Kossuth

Segregated Belcli’rlOO

§36

Revere

Rockland
Second Nat

Webster

1*65
•55
•29

Memphis

1170

100
100
100

180

77%
80%

Brooklyn.

Kings Mountain

Leviathan
Lucerne

6
66

People’s
Redemption
Republic

175

Shawmut
100 108%
Shoe & Leather...TOO 101
6%
State
TOO 113%
1
TOO 113%
Suffolk
Third Nat....
100
85
Traders’
100
95
4*25
Tremont
100 104
80
Union...!
100 131

7 ia

Seaton consol

1 Allouez
50,
142% Calumet & Hecla...25 180%
150
Central
25
48% Copper Falls
50
1%
160
25
; Dana
Dawson Silver
20
5 c.
ii5 |
4%
6%
*80
Humboldt
25
20c.
50
j International Silver20
50c.

47
150

..TOO
100

Leopard

76
735
6
240
25
860
115
720
20

100

100
100

Washington

Raymond & Ely..TOO
St. Joseph Lead
10 2-40
Savage Gold& Silv.100

......

*45
73

Carondelet
flan Francisco GL

70
62
70
30
85
24

140

Washington, Phila....

Portland, Me., G. L.50

50

1725

Metropolitan

Monument
Mt. Vernon

!

60
50
60
20

Imperial
Justice....
Kentuck

”8812

87^2

New Creek Coal.... 10
N.Y. & Middle Coal.25

Pennsylvania Coal.50
Pilot Knob I. (St.L)lOO
Quicksilver
Min’g.100
120%
do
pref
100

■22

4T0

Julia

1065
1275
170

50

Marip’sa L.&M.CallOO

100

8*4

Independence

112%

George’s Cr’k C’l (Md.)

100
100

Mutual of N. Y
New York, N.Y
100
N. Orleans G. L. ..100
N. Liberties, Phila..25

72%

25

1053s 105%
49% 50
491? 49% Cumberl’d
Coal&I.lOO
92% 93i?

.

Mobile Gas & Coke...
Central of N. Y
50
Harlem, N. Y
50
Manhattan, N. Y... 50

Hukill

Big Mountain Coal. 10
Buck Mount’n Coal.50
Butler Coal
25
Cameron Coal
10
Clinton Coal & Iron. 10
Consol.Coal of Md.100

17
40
7
•49

Hussey

730

MINING STOCKS.

9478

10*2

Usk.

Bid.

New England
100
North
100
North America... TOO
Old Boston...
50

16

Henry Tunnel Co

COAL & MISCEL.

Citizens’, Brooklyn.20
Metropolitan, B’klyn.
Nassau, Brooklyn ..25
People’s, Brooklyn. 10
Williamsb’g, B’klyn 50

Hartford, Ct., G. L..25
Jersey C.& Hobok’n 20
People’s, Jersey C
Louisville G. L

1275
560
230

Overman G. & 8... 100
Plumas

100
St. Nicholas Coal ...10
Dorchester, Mass. .100 95% 97
San Juan Sil. Min.100
Jamaica Plain ....100 11934 120
S. Raph’l Sil.,Mob. 100
Itawrence, Mass... 100 122% 123%
do
pref. 100
Lynn, Mass.,Gas.. 100
83
85
Shamokin Coal
25
Makl. & Melrose.. .100
80
83
Spring
Mount.
Coal.50
Newton & Wat’n ..100 114
115
Westmoreland Coal.50
fialem, Mass., Gas TOO
100
'
98
Wilkesb. Coal & I..100
Brooklyn, L. 1
25 140
145
j

Charlest’n,8.C.,Ga8.25
Chicago G.& Coke. 100

1050

40

People’s G.L.ofBalt.25

Cambridge, Mass.. 100

410

DO

Gold Placer
Gould & Curry 8.. 100
Grant
100
Grand Prize
Granville Gold Co
Hale & Norcross. TOO

*75%

743*

certs...

Boston Gaslight...500
East Boston
25
fioutli Boston
100
Brookline, Mass... 100

400
650
1265
550
220
715
72

Exchequer G. & 8.100
Findley

55

i

EXPRESS ST’CKS

CAS STOCKS.
Baltimore Gas.... 100

222

20
Sandw.Gla88(Mass.)80
Stark Mills (N.H.) 1000 840
Tremont& S. (Mass) 100 x!14
90
80
2i? Thomdike(Mas8.) 1000 700
1%
Union Mfg.(Md.)
12
80
Washingtn(Mass.)100
Weed Sew. M’e (Ct.)25
4
109
107
Willim’tic Linen(Ct)25
64
750 1160
17% York Co. (Me.)

O. Dominion SS.Co.100
Pacific Mail 88. Co. 100
Prod. Cons.L’d & Petr.
Pullm’n Palace Carl 00
fit. Louis Transfer Co.
Un. Mining(Tenn.).lO
Union Trust
100
U. S. Trust Co
100
U. 8. Mort.Co. (NY) 100
West. Union Tel... 100)

10U

219
52
144
1000

N. E. Glass (Mass.)440
35
2% Pacific (Mass.)... 1000 1675
2% Penn. Salt Mfg. Co..50 §.68
500 715
2i? Pepperell (Me.)
Salisbury (Mass.).. 100
10c. Salmon Falls(N.H.)300 230

2*6

Merc’ntile Tr. (N Y) 100

Wells Fargo

15*2

28

2

Canton Co. (Balt.). 100
Cary Impr’m’t(Bost.)5
Cent. N.J. L’d Imp. 100
Cin. & Cov. B’dge pref.
Equitable Tr. (N.Y) 100
El. & St. L. Bridge. 100
McKay Sew’g Mach.10

100
100
100

Bank Stocks.

First National
100
First Ward
100
Fourth National..100
Freemans’
100
Alpha
Consol
G&8.100
24%
§23%
Globe
100
5
1540
1560 American Consol
Hamilton
100
American Flag
T4
T6
70
75
Hide & Leather... 100
Bechtel
2T5
740
760
Howard
100
Belcher Silver.... 100
116
117
11*2
Manufacturers’.. TOO
Bertha & Edith
•05
15
16
Market
.TOO
Best & Belcher.... 100
40
114% 115
Massachusetts
.250
Bobtail..
1550
1575
2%
Maverick..
100
•55
925
950
Buckeye
Mechanics’ (So. B.) 100
Bullion
100
ill
113
Merchandise
100
Caledonia Silver ..10o
700
710
Merchants’
1®0
California
100
60

Mass. Cotton
1000 1050
Merrimack (Mass) 1000 1260
Middlesex (Mass.). 100 167
Nashua (N. H.)....500 525

MISCELLANEOUS

American
United States

Ask.

N. Y. BOARD

Calumet & Hecla...
Cashier
600
620
100
6
6% Choll ar-Potosi
Cleveland Gold
10
44
46
Consol. North Slope
98
99
Consol. Virginia... 100
405
420
Confidence Silver. 100
88% 89
Crown Point
100
47
52
Dahlonega
89% 90
Eureka Consol.... 100
890
900

fit.Charles Bridge—10s
85
U. S.M’g. Cs, g. £. J&D ;ioi% 10212

Adams

Bid.

109% 110

100

96

Debent’e,7s,’78 A&O

coup.,

Miscellaneous.

§*56

Stlg, 7s,g.,1885 A&O

7s,

Ask.

...

Cumberl’d Coal & I.-

2d

Bid.

MINING STOCKS.

STOCKS.

Canton (Balt.)—
£68. g., 1504. ..J&J
Mort. 6s, g.,1904 J&J

OF STOCKS AND BONDS—Cootinubd.

Explanations See Notes at Head of First Page of Quotations*

MAN UFACT’ING

BONDS.

N.E

QUOTATIONS

[VOL xxvu

§ Quotation per share.

100
120
155
110
130
100

120
110
56
120
79
30
110
90
149

100
125
160
•••••«

140
101
125

115
61
125

80
35
112

115

152
117

63
148

66
150

109

114

116
60
80

117
61

81

100% 101
82
90
89
100
••••••

10
83
91
90

99

101
104
107
150
80
92

108
151
85
93

107

109

September

QUOTATIONS OF STOCKS AND BONDS—Concluded.

GENERAL
For

Bid.

Bank Stocks.

People’s

Security

Third National
West’n FinancT

15

Philadelphia. §

100
92

50

120
72% 75
20
18

First Nat
100
Farmers’&Mech.N.lOO
Girard National... .40

115

50
First Nat
100
Nat. Commercial.. 100
Southern B’k of Ala25

City National

10

Mobile.
Bank of Mobile

B’k of N. America .100
Central National..100

Commercial Nat....50
Commonwealth Nat 50
Consolidation Nat..30
Corn Exchange Nat.50

91

C’p’n.

Bid.

Bank Stocks.

85

Western

Explanations See Notes at Head of First Page of

Ask.

82
126

80
125

Second Nat

329

THE CHRONICLE

28,1878.1

Eighth Nat

Kensington Nat

50

Ask.

235
175
85
55

236
180

*25

35
50

45
*50
150
121
58
*55
25

Manufacturers’ Nat.25
Mechanics’ Nat....100
Nat. B’k Commerce. 50
105
113% 113% Nat.B’k Germant’n.50
Nat.B’kN. Liberties 50 127
75
74
Nat. B’k Republic. .100 *80
121
National Security. 100 *103
72
70
53
Penn National
109
50
106
80
76
People’s
100
110
104
Philadelphia Nat. .100 160
Second Nat
100
100
98
Seventh Nat
100
102^
100
40
40% Sixth Nat
Southwark Nat
50 110

90

160
123
60

"25%

Quotations.

Insurance Stocks.

Bid.,

N.Engl’d Mut.F&MlOO

75

82

North America....100 xll2

114
123
60
61
127
too
136

100 xll8

Prescott
Revere

57
100
60
100
Shawmut
Shoe & L. F. &M..100 xl25
95
Suffolk Mutual... 100
Washington
100 135
.

Ask.

Hope

25

Howard

50

Irving

25

Citizens’

20
25

Commercial

45
130
75
135
115

British N. America....
50
Commerce
100
Consolidated
Dominion
50
Du

Peuple
50
Townships 50

Eastern

100

Exchange
Federal
Hamilton

100
100

Imperial
100
Jacques Cartier... 100
Maritime
Merchants’
Molsons
Montreal
Nationale
Ontario

95%

100
100
50
200
50

170% 171

83%

83

40

.100

Quebec

Standard
Toronto
Union
Ville Marie

100
100
100

80
136
60

83
141

60

80

Canal & Banking. .100
Citizens’
100
Germania Nat
100
100
Hibernia Nat

67

102

..

90

80
43

50

50
..100
100

Workingmen’s

West

Broadway

132
130

104
130

25

City Bank

102% 103% Commercial

100
100

Continental

Exchange

60
95

..100

Fourth National
International
Lucas
Mechanics’

..

100
100

54
142
134
132
105
132

100 J195
25

117% 118
76

115

50
185

80

98
150

SO

305
125

50

205

100

7

Merchants’ Nat ...100

65

St. Louis National.100
Third National.... 100

74

Valley National... 100

60

Merchants’ Exch’ge50

Lamar
Lenox

Metropolitan

100

Anglo-California

Bank of California....
B’k of S. FranciscolOO
First Nat. Gold.... 100

New York County. 100
Ninth National
100
North America
70
North River
50
25
Oriental
Pacific
50
Park
100
....

People’s
Phenix

Republic

70

Lorillard
25
Manuf. & Builders’100
Manhattan
100
Mech. & Traders’.. .25
Mechanics’ (B’klyn)50
Mercantile
50
Merchants’
50

83

88'

90

115

120

Second National.. 100
Seventh Ward
100
Shoe & Leather... .100
100
St. Nicholas

STOCKS.

*

Price nominal; no late




75

75
117

Baltimore.

Associate Firemen’s.5
Baltimore Fire Ins. 10
Firemen’s Insur’ce. 18
Howard Fire..
5

Maryland Fire

10

Merchants’ Mutual.50
National Fire
10

77
75
100

96
83

80
100

Tenth National... .100
Tradesmen’s
40 JlOO
Union
..50 140

74
150
8
67

17%

40%
44%
3%
22%

X57
x70

12%

x45
x55
x70
x30

150

5%

25
40

6%

Merchants’ Mutual
Mechanics’ & Traders’
New Orleans Ins. Ass’n
New Orleans Ins. Co

People’s

54

11%

Boston.

100
Alliance
American F. & M. .100
Boston
100

Boylst’n Mut.F&MlOO

Dwelling House...10;j
Faneuil Hall

100
100

Firemen’s

100

Eliot

Franklin
100
Manufacturers’. ..100
Mass. Mutual
100
Mechanics’ MutuallOO
Mercantile F. & M.100

Neptune F. & M...100

transactions.

95
133
112
115
90
xll2
xl30
60
xl46
65
xl20
109
80
130
x!15

100
135
115
120
92
114
131
70
148
70
125
110

104
50

76
152

§ Quotation per share.

20
50

People’s
Phenix
Relief

Exchange 100

116*

134

140

110

120

100
60

110
65
195

185
110
110
220
105
175
115
110
50

RepuDlic

Rutgers’
Safeguard

St, Nicholas
Standard
Star

52
50
100

Sterling
Stuyvesant

100
25

Williamsburg City..50

85

85

113
120
240

115
195

70

85

100
90
100
100 150
100 115

25
25
10

3

90
150
105
95

150
80
130
100
160
160
80

50

Tradesmen’s
8% United states
69
Westchester
17%

41%

50

(B’klyn)

Ridgewood

19

50

..25
25
100

North River
Pacific
Park
Peter Cooper

135
100
11&
65
108
105
85
140
175

97

80
125

107

,92%
125
125
100
190

140
135

20*6*

45

4

22%

Philadelphia.^

60
75
15
50
60
75
35

...

Delaware Mutual... 25
Ins. Co. of N. Am’ca 10
Ins. Co. State of Pa 200

28%

Pennsylvania Fire 100
Richmond.

100

80

Granite
100
Merchants’&Mech.lOO
92% Piedm’t & A. Life. 100

102

.i....

29

Virginia F. & M
25
Virginia Home.... 100
Virginia State
25

76%
80
33

84

37%
100

27

22%

38

79%
27%
40

80

Teutonia
Union

83

St. Louis.

American Central..25
Citizens’
100
Franklin
100
Jefferson
100
Marine
100
Pacific
100

24
105

26%
75

75

80
15

100 xll2
California.
60
Commercial
100
Firemen’s Fund... 100 110
State Investment. 100 112
100 112
Union

115
65
112
115
115

San Francisco.

25
..100
50

55

100

95
140
100
60

Arctic
Atlantic

20
50

100

Bowery

25 190

95

io 0

Citizens’

20

170

City

70

120
110

Clinton
100
30
Columbia
Commerce Fire.... 100
Commercial
50
Continental
100

Eagle
Empire City
Emporium

140

100
100

Exchange

30
50

Farragut

Firemen’s
..17
Firemen’s Fund.... 10
Firemen’s Trust.... 10
Franklin
100

German-American 100
Germania
50
Globe
50
Greenwich
25

80% Guaranty

133
116

Niagara..

204
58

102

Sun Mutual

6% Brewers’&M’lst’rs.lOO
25% Broadway
25
41% Brooklyn
17
7
5
55
13

Nassau (B’klyn)....50
National
37%
New York City..
N. Y. Equitable
35
New York Fire....100

City

New Orleans.

Amity

127

106

State of N. Y. (new) 100

Wash’tonFire &M..50

ACtna
American
American Exch... 100

INSUR’CE

Commonwealths ..100

80

Stonewall

..

85

92

94

Citizens’ Mutual...100
Factors’& Trad’s’ Mut.
Mobile Fire Dep’t..25
Mobile Mutual
70
Planters’ & Merch.Mut

Adriatic

FIRS

25

20

18%

Metropolitan
30
Montauk (B’klyn).. 50

140
100

Ask.

American Fire
.100
Fire Association... .50
Franklin Fire
100

Crescent Mutual
Factors’ and Traders’.
67% Firemen’s
100
Germania
76
Hibernia.
Home

112

126

100

100

Mobile.

Grangers’ B’k of C.100

136
85

•

+
4

100

Imperial Fire

Lafayette

81

40

Long Isl’d (B’klyn).50

Produce

New York.

80
115

Nassau
100
New York
100
N. Y. Nat. Exch’gelOO

Guardian

76

310
127
70
55
210
95
80
42

..

100
25

219
130
100

65

75
120

+ **-••

Commerc’l Union. £50

Queen Fire & Life.. 10
Royal Insurance.... 20

1

50

54

216
36
103

Hope

Merchants’ Exch. .100
Pacific

50

213
33
102
217
129
98
200

London.

...

40 l
100 100%
.100 200

100

20

25

80
80

San Francisco.

Leather Manufts..lOO ;i3o
Manhattan
50 U33
Manuf. & Merch’ts.20 +
Marine
100
Market
100 102
Mechanics’
25 126
50
Mechanics’ B. Ass’n50
Mechanics’& Tr.. .25
Mercantile
Merchants’

Washington

Western..

120
90
90
85
95
100
120
125
115
120
87% 90
121
117
100
110
110
115
50
60
88
90
120
122%

105

125

Corn Exchange ... 100 i.
00
East River
25
Eleventh Ward
25
First National
100 :350
95
Fourth National.. .100
Fulton
30 125
Fifth Avenue
100 225
Gallatin National ..50 U15
German American. .75 x
Germania
100
Greenwich
25
|90

20
20
20
Merchants’* Manuf 20
Miami Valley
50
100
National
Union
20

Lancashire F. & L. .20
London Ass. Corp..25
Liv. & Loud. & Globe 2
North’n Fire&Life 100
North Brit. & Mer..50

20

75

Merchants’, Old

20

iEtna Fire
100
Atlas Insurance... 100
Connecticut
100
Hartford
100
National
100
100
Orient
100
Phoenix
Steam Boiler
40

Richmond, Va.

B’k of Commerce. .100

:i25

55
Butchers’& Drovers25
Central National..100
25 U00
Chatham
Chemical
..100 11501

Irving

52
140

20

Fidelity

57

Philadelphia. 100

State Bank of Ya.100

"11%

25

Importers’ & Tr..

51

Eureka

Hartford, Conn.

St. Louis.

America
100
American Exch’gelOO
Bank.& Br’kers A. 100
Brew’rs’ife Groc’rs’100

Grocers’
Hanover

50
50

100
20

80

Portland, Me.

New York.

Citizens’

Co.100

First Nat
100
Merchants’ Nat...100
Nat. Bk of VirginialOO
Planters’ Nat
100

120

25

City

163

90

Louisiana Nat..
100
Mechanics’ & Trad..20
Mutual Nat
100
New Orleans Nat. .100

People’s

Union Banking
Union Nat
Western Nat

50
100

Eagle
Enterprise

Firemen’s
Germania
54% Globe

.100

Cumberland Nat.. .40
Canal Nat...
100
Casco Nat
100
First Nat
100
75
’1% Merchants’ Nat
National Traders’. 100

50

Lafayette

...

2 2d Ward
Third Nat

130

62%

New Orleans.

Southern
State Nat
Union

96% Spring Garden

91

i’0’2'

30

Lafayette (B’klyn) .50

stock) 20

112

100

Jefferson
Knickerbocker...

Cincinnati

127

Importers’ & Trad. .50 100

75 81
Montreal.

..50
50
100

Hanover
Hoffman
Home

Bid.

Kings Co. (B’klyn) .20

Cincinnati.
Amazon (new

Insurance Stocks.

Guardian
Hamilton

..100
100
15

3 Last price this

30
200
200

New York.

60

Atlantic Mutual1875

136

210

105
50

125
100
45
100
45
120
145
110

40
65
120

INS.

SCRIP Ac.

130
125

55

155*

MARINS

110
60
125
130
107
60
110
55

125
255

75

1877......
1878

102

103

100
99

101
100

97%

99%

Commercial Mutual95

1871
1878
New York Mutual1864
1876
Orient Mutual1861
Pacific Mutual1868
1876
Great Western stock..
Mercantile stock
Sun stock

month preceding 26 1.

70

85
65
8050

80
85

50
50

50
90 ■
60

55

j:

330

THE CHRONICLE

fVoL. XXVII,

Commissioner, they have cancelled $15,000 first mortgage
sterling
bonds, $22,559 of second mortgage bonds, and $471,050 convert¬
ible
AND

STATE, CITY AND CORPORATION FINANCES.
The Investors’Supplement is published on the last
Saturday
of each month, and furnished to all regular subscribers of the
Chronicle. No single copies of the Supplement are sold at the

office,

as only a sufficient number is printed to supply regular
Bubscribers. One number of the Supplement, however, is bound
up \yith The Financial Review (Annual), and can be purchased
in that shape.

ANNUAL

REPORTS.

(For the year ending June 30, 1878.)
The trustees and receivers, in
submitting their statement of
operations for the year ending June 30 1878, say :
The fiscal year will hereafter be considered to terminate on the

30th day of June of each year ; the
following report gives the
operations of the road for the twelve months preceding that date
past, and will consequently include the months of July and
August, 1877, the ooerations of which were contained in the
last annual report.
To admit of comparison, however, the state¬
ments

for

previous

years have been re-arranged to
year.
Receipts from the operations of the road....
Expenses in conducting operations on the road

change in the fiscal

conform to

•

Balance
Less

extraordinary

$2,098,540
1,498,526

$600,013

expenses

223,69*

Net gamings over all expenses

$376,321

ROADWAY, BRIDGES AND TRESTLES.
On the main line 4,050 tons of steel rails of best
quality have
been laid during the year, the entire cost of which is
charged in

operating

We have again made a favorable contract
tons steel, to be laid during the
coming year. The condition of the road-bed, and all appertaining
thereto, shows continued improvement; the bridges and trestles
for future

expenses.

delivery of 4,000

have been maintained and renewed where
necessary.
equipment.

The rolling stock has been
generally overhauled, and is to-day
better condition than for very
many years.
Among other
improvements nearly a hundred new freight cars and two new
passenger coaches have been added.
The payments to the Pull¬
man Palace Car
Company, in compromise of the old contract w ith

them,

are completed, and we
mileage basis, freed from the

are

now

onerous

former contract.

using their

cars upon a

features contained in the

it
items not connected with the
operations of the road for the
rent year, and not liable to occur
again. Tli* first item

represents entirely new station

buildings, additional

cur¬

($86,000)

revenue, etc.
In comparison with 1876-7, the
receipts from the operations of
the road for 1877-8 show an increase of
$25,905, or T25 per cent.

Expenses in operating the road during the same period show a
$60,581, or 3 89 per cent. Earnings over ordinary

decrease of

expenses show an increase of $86,486, or 16*84 per cent.
The
increase in receipts would have been
greater, had it not been for
a reduction in the mail
and express service, and the loss
upon
the branch lines, in
comparison with 1S7G-7, owing to the excep¬

tionally high stage of the rivers during the be3t pari of the
shipping season of 1877-8. Tlie traffic movement shows a
large
increase, more especially in general merchandise ; and while

rates have been

materially reduced (nearly 14 per cent below the
average rate of last year), our total movement has been increased
thereby more thau 17 per cent—enough to overcome the loss in
rate, and to yield, besides, an increase in the total

of

freight

revenue

$24,000, a gain of 14- per cent over last year. We are
convinced that the
policy dictating such reductions is, within
limits, a wise one, and in time will yield even more
gratifying
results.
some

It will be noticed that

out

of the

surplus

revenue

the trustees

have, by authority of the court, distributed to the holders of the
outstanding first mortgage liens, the sum of $302,400, payment
of which has been
stamped upon the face of the bonds receiving
the same.
The

larger portion of this amount was paid to the
bonds assigned to the committee of
re-organization, under the
agreement for the re-adjustment, &c., of the securities of the
Mobile & Ohio Railroad
Company, dated October 1, 1876,” and
lias been, we understand, distributed
by them under said scheme.
In addition to the first

mortgage bonds ($11,500) which have
been cancelled by the trustees
upon the application of the Land




cancellation

state¬

heretofore made.

The balance of the bonds and shares
nominally belonging to the company are in reality pledged, and
not an asset except for the amount which
may be realized from
their sale, and which will
correspondingly reduce the liabilities
for which they are pledged The increase

($32,080) in the amount
sterling interest arrearage bonds arises from estimating the
sterling at $5 to the £ sterling, instead of $4 80, as in previous
of

reports.
The

floating debt of the company shows a reduction of $8,331,
paid under an ordef of Court, but it is further increased in tlie
sum of
$77,063, representing outstanding warrants, audited
accounts, judgments and other claims ; and' which,
though not of
record in the company’s books, are believed cto be
outstanding
against it, having been ascertained by careful and exhaustive
examination of records to be nearly, if not
quite, correct.
LEGAL.

We report the virtual termination of the
litigation in opposi¬
tion to the foreclosure
proceedings, by the affirmance by the
Supreme Court of the United States of the decree of sale obtained
by us in the Circuit Court of the United States at Mobile, and
by
the withdrawal of the
appeal from the decree obtained in the
Circuit Court of the United States at
Memphis, in favor of the
trustees of the Tennessee substitution
bonds.
Both decrees are
now final, and cover the entire road
and branches. We had taken
steps to bring the road to a sale on August 19th; but at the
request of .the Committee of Reorganization, the advertisement
ha* been withdrawn for the
present. The committee now hold

all but

a very small
minority of the interests involved, and they
hope to complete the re-adjustment of those interests without

a

sale.

The current legal business is in a
satisfactory condition, and
no suit important in amount is now
pending, except that of the
Sra’e of Mississippi,
claiming payment of a certain amount
advanced by the S'ate to the
Company, which was re-paid to the
State by the company
during the war, which claim is contested
by the company, and is now on appeal to the Supreme Court of
the United States.
COMPARATIVE

STATEMENT

OF

GROSS

earnings—
Freight traffic

EARNINGS
JUNE

1877-3.

Passenger traffic

366,043

Express service

31,937
43,125

$1,984,536

554,969
299,663

496,083
381,997

74.030

73,945

72,932

$1,493,525

$1,559,103

$1,587,926

$600,013

$513,526

$396,610

223,692

350,300

G neral

Net—over ordinary expenses.

Net

63 ',529

185,095

ENDING JUNE

$211,515
1878.
30,
$2,108,103

$163,v23

sources

Expenditure, ordinary expenses
Ke-construction, equipment, &c

Current Year.

Dividend account, bond debt. $302,400
Treasurers cash increased.
86,893
.

department, cash, &c.,

increased
U. S. Gweinment accounts

4,266

increased...

7,313

Uncollected earn’gs increased

$1,493 5'"6
223,692—

.

Surphis, accounted for below
Accounts Showing Increase in Assets

636,913

°

$376,321

INCOME ACCOUNT FOR THE YEAR

Land

40,811
54,775

equipment

ern’gs—over all expenses.

Revenue from al!

3; 2,167

$2,072,63 l

Equipment
Transportation

new

1875-6.

$1,497,98

494,853
309,-69
620,719

ay

and exceptional expense ae’ets.

1876-7.

$1,611,036

$2,098,540

Ordinary Expenses—

Re-construction,

Accounts

1,722,213

$385,889
Showing Decrease in Assets

Current Ytar.
Donated lands, &c., sold
1st mortgage bonds cancelled
2d mortgage bonds cancelled.
Uncollected acc’ts decreased.
Material accounts decreased..

$9,501
15,000

22,492
11,339

13,753

4 483

$72,087

$405,357

Actual increase in assets, current year

Accounts

YEAR

23,844

Total.

Total

FOR

24,362

Miscellaneous

.v

EXPENSES

352,303
51,270
54,9C0
28,075

Mail service

Road

AND

10.

..

...

$333,270

Showing Decrease of Liabilities Current Year.

First mortgage bonds cancelled
Second mortgage bonds cancelled

$26,5C0
22,559

Sterling coupons cancelled
80
Floating debt—Mobile & Ohio UR.—settled
8,331— $57,471
Accounts Showing Increase of Liabilities Current Year.
Trustees’ liabilities increased
Actual decrease in liabilities, current
year,...
Total net income

as

above—accounted for.

“

stock and debt.

never

liabilities. There is a decrease in assets of 855 shares of
These shares bad been disposed of before
1875, and, con¬
sequently, were not among the assets of the company turned
ovri to the trustees, and in error have been
included in the

oars, steam-

sliovel and machinery. The second item
represents the balance
paid the Pullman Palace Car Company in compromise of their
contract, legal expenses connected with the foreclosure proceed¬
ings, and arrears of taxes for several years prior to 1875.- These
tax s were claimed by the United States an# the
State of Missis¬
sippi respectively—the former claiming a tax on income from
1865 to 1870, and the latter
claiming a tax on the lands belong¬
ing to the company and upon the road itself.

were

stock.

Grass

Nothing in this report is claimed as “ extraordinary,” unless
be, 1st, for absolutely new constructions, or, 2d, for exceptional

cancelled

so

ment of

ENDING

EXTRAORDINARY EXPENSES.

bonds

offset by an
being that amount of
sterling bonds issued before 1875 in exchange for first mortgage
coupons, &c., and now for the first time appearing in the state¬

resorting to

in

The convertible

said
convertible
bonds
now
cancelled.
The
of the $26,500 first mortgage bonds is
partially
increase of $21,000 first
mortgage bonds,

ments

Mobile & Ohio Railroad.

this

bonds.

really issued, and their cancellation has reduced assets and
liabilities equally.
Interest matured on convertible bonds
shows a decrease of $63,430—being the interest
upon the

GENERAL
Canadian Pacific

INVESTMENT

$4,952

•

'

$52,619
$385,889

NEWS.

Railway.—The Money Market Review of
lollowing article on this road : “ The Canadian
government continues its surveys of the various routes for a
London has the

September 28,

THE

1878.]

CHRONICLE.

through railway to the Pacific coast with a perseverance which is
the sure mark of determination to
succeed, not only in tracing
the most eligible line, but in
finally carrying it out. The engi¬
neering staff at Ottawa is maintained on an extensive basis, and
it has a most able and
enthusiastic, but painstaking and cautious,
chief in Mr. Sandford
Fleming, C.M.G. The work, indeed, in
which they are engaged is one of no
ordinary kind. The history
of the survey is continued in a series of

The gross

British

arriving

Admiralty, and the whole subject is

were...

$143,61
233,240

86’l?0

Total

Net

$319,411

earnings....'.

$124,199

;

From these

figures, taken from the company’s last reports, it
that the

will be

seen
road earned $124,199 above all
expenses,
which, taking into consideration the
extraordinary expenses of
$86,170, and the fact that the road was in litigation, and that the
past year was a very dull one for railroads, the above must be
considered a very good
showing.

The gross
The gross

earnings January 1 to September 7, 1878,
earnings Januaiy 1 to September 7, 1877,

Increase

—showing

;

an

this year over

were
were

$337,038
235,950
.

$101,037

increase of 45 per- cent for the first eight months of
corresponding period last year.

Denyer &Rio Grande.—The Journal
of Commerce says: “The
injunction against the Denver & Rio Grande Railroad
Company
from buih ing up the Arkansas River
having been removed

by
Judge Dillon’s court, the company has concluded to build its
road immediately to the Leadville mines.
The money to reach
the South Arkansas, at the head of the
gorge, has already been
raised, and a syndicate, including foreign capitalists, has been
formed here, which has purchased
$1,000,000 of the first mort¬
gage bonds of the Denver & Rio Grande Railroad
Company.”
Fort Wayne Jackson & Saginaw.—The trustees under
the

America gets itself crushed away into small
space somewhere
about the North Pole, while the United States
spread out into a
vast and
sunny world extending to the tropics.
A frequent re¬
currence to the map
is necessary to correct such impressions even
among well-informed people. Any one who looks will see that
the Dominion of Canada is a full half of the American
Continent,
after cutting off
large slices probably too Polar. When the
survey began, the Valley of the Saskatchewan was deemed a
narrow, fertile belt, amid much uninhabitable desert, but this
region has now expanded into an immense plain of
good soil and
genial climate, capable of successful cultivation by
Europeans.
Yet even beyond the
great interior of the Saskatchewan, there
are three or four
competing routes to the Pacific Coast, and a ter¬
minal harbor on the Pacific is also a
question deserving of much1
consideration. On this latter point the survey
has had the assist¬
of the

earnings of the road for 1877

Operating expenses were (53 per cent)
Ejtraordinsry expenses, renewals, etc

reports and documents
published at Ottawa at the end of April last. As to the arduous
labors of the staff,
nothing has impressed us more than the num¬
ber of lives lost in the
survey since 1871.
They are thirtyeight in number, and nearly a 1 from accidental causes,
such as * lost in forest fires,’
‘drowned,’ &c.—the num¬
ber of ‘ died,’ from disease or other natural
cause as
may
be inferred, being only six.
When one considers the v&st
breadth of territory
through which a choice has to be made for
one direct, and at the same time most
generally effective, Line to
the Pacific Coast, and that the vast
proportion of this territory
had, up to the present survey, been absolutely
unexplored, it is
easy to conceive the difficulty with which such an
undertaking
must be attended, and the
consequent prudence of the Dominion
authorities in being at so much
pains and expense to exhaust the
inquiry. It is natural to think of Canada and the United States
by the number of their population, amount of their
revenue,
extent of their trade, and so
on, and to measure them by these
tapes; and, accordingly, in current imagination British North

ance

331

first mortgage last week made a formal demand for the
possession
road, and served notice upon its officers that application
would-be made to the U. S. Circuit Court, on Sept. 26, for an or¬
der to put them in possession. This action is taken under
instruc¬
tions from holders of one-third of the
bonds, as required
of this

by the
The road is 100 miles long from Fort Wayne, Ind.,
to Jackson, Mich.; the first
mortgage bonds amount to $1,500,000, and the road has been run for several years under an agree¬
ment by which all the available
surplus is paid each year to the
bondholders. It is said that the foreclosure is now
urged by
bondholders who are largely interested in the Detroit Hillsdale
&
mortgage.

Southwestern and the Eel River roads, and who desire to consol¬
idate the three roads, a plan which was
proposed several years
ago, but fell through.
Since then the Hillsdale and Eel River
roads have passed into the possession of their

now

at a ripeness where a final choice may be made—the
competing routes and selections being always narrowed by a care¬
ful weighing of their estimated co3t and
bondholders
relative advantages and
disadvantages, UDtil they have been reduced to two or three car¬ through foreclosure.—R. R. Gazette.
dinal points.
Illinois Midland.—A press despatch from
*******
Springfield, Ill.,
“Choosing, then,a terminus on the mainland coast, there would Sept. 19, says: “ In the United States Court, to-day, R. J. Reeves,
seem to be now
just three in respect to which there is any ques¬ receiver of the Illinois Midland Railroad, filed his report for the
tion—Bute Inlet, Burrard Inlet and Port
Simpson. We believe sir months ending August 31, in obedience to a rule entered on
that Port Simpson has a
decidedly superior harborage for strips. August 24, upon a petition of certain creditors. The petition
We
It is
tion

gather as much from Mr. Sandford Fleming's own remarks.
a
good deal farther north than the others, but his chief objec¬
is that the cost of the line to Port
Simpson has not been

sets forth that the road was not
and that the property was

management of the receiver.

earning its operating expenses,
being reduced in value by the mis¬

Tfie report filed to-day asserts that
the receiver took charge of the road in
September, 1876, and that
it was then in such condition that he
applied for and was

estimated.

He would like this to be done before a final
judg¬
ment be asked from him.
If Esquimau be assumed as the Van¬
couver Island
terminus,an enormous expenditure will be exacted.
If construction must at once be
proceeded with, he would advise
the government to select the route
by the rivers

granted permission to issue $52 000 of certificates to put it in
Of these lie issued only $35,000, however. At that time
the road owed $90,000 for payrolls,
Thompson and
supply bills and traffic
Fraser to Burrard Inlet.”
*
balances, and of these the receiver has paid $78,990. He has
re-built with brick the temporary
shops at Paris, which were
Chicago Clinton Dubuque & Minnesota.—The Chicago
Burlington & Quincy Company has just signed a contract for the destroyed by fire, at an expense of $20,000, of which $4,000 are
The bridges, engines and rolling stock have
purchase of this road, running from Clinton, Iowa, to La Cres¬ yet to be paid.
been re-built and repaired at large expense, and all
cent.
the road and
By this purchase the C. B. & Q. will obtain a direct line
property
is
in
better
condition
than
from Chicago to La Crosse.
ever, before.
For the six
The following iu regard to the months
ending August 31, the earnings were $120,828 80, and the
condition of the
Chicago Clinton Dubuque & Minnesota Railroad expenses $97,413 40,
is from the Boston Advertiser
leaving the net earnings $23,385 33. In
:
August alone, the only, good month for business of the six, the
This company was organized
February, 1878, by a consolida¬ net earniDgs were $11,204 15.”
tion of the Clinton &
Dubuque and the Dubuque & Minnesota
Railroad Companies, organized in 1877 as successors to
International & Great Northern (Texas).—The plan for the
the Chicago
Clinton & Dubuque and the
re-organization of the International & Great Northern Railroad
Chicago
Dubuque
&
Minnesota
Rail¬
road
Companies respectively.
Company, which is embodied in an accompanying agreement,
“The road
was

built iu

1870, iu the zenith of inflated railroad

times, and, like many other Western roads built at the same
time, was compelled, through lack of business, to succumb to
the times
bonds in

The company made default on the interest of their
and decree of foreclosure was issued in

January, 1875,

October, 1876, and the roads turned over to trustees, March, 1877.
The Chicago &
Dubuque Railroad Company purchased the
Dubuque & Minnesota Railroad at date of consolidation.
Before re-organ zation, the debts of the
companies

C. D. & M. first
'mortgage, 8 per cent
C. C & D. first
mortgage, 8 per cent...........

Total bonded debt
CAP.TAL STOCK.

C. D.
c. c & d

Total capital stock
Total cost of road.....

$% 160.000
9,085,000

By re-organization the bonds of both reads were converted into
stock, and the old stock wiped out, making the debt of the
new
company $5,925,000.
Capital stock has been increased
$235,000 since re-organization, to complete an unfinished
portion
of the
road, making total capital stock $6,156,000. Thus it will
he seen from the above
faefs >hat all earnings above operative
expenses are applicable to dividends on the stock, as there is now
no

interest-bearing bonded

Now to .the road’s




debt.

ability to

earn

dividend!

on

its stock

was

submitted

by parties interested in the bonds of the company,

meeting of first and second bondholders called by circular,
dated September 11, 1878, and held at No. 41 Cedar
street, New
York, on the 16th day of September, 1878. At that meeting the
plan of re-organization discussed, approved, and by direction of
resolutions passed, has been put into the form of an
agree¬
ment, and is now submitted for the signatures of the1 bond and
at

a

stock holders.
The

previous plan was given at length in the Chronicle of
on page 95, and, while some features remain the game,
several important changes should be noticed.
The first mort¬
$4,425,000 gage bonds of the Jroad will be issued to a sufficient amount
1.500,000 to pay 50 per cent to the present first
mortgage bondho ders, and
$5,925,000 $900,000 to other creditors and for improvements. These bonds
are made 6
per cent gold instead of 7 currency.
Under the present plan, by adjustment of interest to November
$2,500,000
960,COO 1, 1878, each $1,000 first mortgage bond, with interest certificate
attached, will represent :

were:

BONDED DEBT.

repair.

:

July 27,

International Railroad Company
;
Houston & Great Northern Rai.road Company...

$1,294 00
.

1,278 95

The International first mortgage bond of $1,000 will therefore
receive under the plan :
Of
Of

new
new

first mortgage 6 per cent bonds
second mortgage income bonds

$647 00
647 00

The Houston & Great Northern first
will receive:
In

new

first

In

new

second mortgage income borda.

mortgage 6

per

cent bonds

mortgage bond of $1,000
$639 47

..

62JM7

332

THE

CHRONICLE,

rvoL. xrvn.
~

TLe total issue of

new

first mortgage

To bondho’ders
For secim d debt and Improvement

bonds will be—

.

$4,723 423 90
96,0,000 00

Total issue....

Upon vhicb the annual interest at 6
The total issue of

new

cent is
second mortgage 8 per cent income bonds
per

will be

the United States.

$5.6*3,423 90
$337,405 44

..$4,723,423 90

Annual interest at S per cent

$377,873 92

The

case

has

■

been

argued in. theSupreme Court, but its re-argument was ordered by the court, it
being understood that there is some difference of opinion in the
court upon the
question involved.
“Another important Pacific Railroad case is that known
as the
five-per-cent suit, the Government demanding 5 per cent per
annum of the net
earnings, under the original law, in payment
once

of the debt due the United States.
This suit involves the ques¬
tion of what are the net
earnings of the road, and,

The holders of second mortgage and convertible bonds are to
receive the lands, land grants, land certificates, land
stock, town
sites and town lots, now owned by said companies,
representing
about 5,COO,000 acres. Five million five hundred thousand dol¬
lars of new 6tock is to be issued to the present stockholders share

further, at
what time the road was
legally completed. The act passed at
the last session of Congress in
regard to the net earnings took
effect June 30 last, but did not affect
any rights of the United
States or of the companies existing prior to the
passage of
the act.”

Kansas Pacific.—It is stated that Denver Extension bonds to
the amount of $3,485,000 have been deposited with the United
States Trust Company; so the bondholders, who have been
opposed to the late pool, can pi ess their suit for foreclosure.

business of all lines of the

for share.

Northern Pacific Railroad.—The stockholders of the North¬
ern Pacific Railroad
representing 354 380 shares met on Wednes¬
day. The annual report sets forth that the business of the road

Pennsylvania Railroad.—The following statement o’ tho
Pennsylvania Railroad Company east
of Pittsburg and Erie, for August,
1878, as compared with the
same

month in

1877, shows

An increase in gross earnings
A decrease in expenses of.
An increase in net earnir gs

The

of
:

$189,486
1^3,148

;

of

eight months of 1878,

$312,634
as

compared with the

period
increase, the gross earnings of the vear bring in 1877, show
n ,193,381 and the expenses $631,302, leaving a net balance of A n increase in gross earnings of
$9(11,423
$562,099, or a net increase over last year of $169,381. This A decrease in expenses of
539,390
increase comes wholly from the local business,
competition with An increase in net earnings of
$1,500,813^
other lines and with the Missouri River
having affected the bulk
All lines west of
Pittsburg and Erie for the eight months of
and rate of the remote traffic, so as to show a slight falling off
1878, show a deficiency in meeting all liabilities of $532,680,
from the through receipts of last year.
being
The several divisions of a
gain over the same period in 1877 of $319,203.
the road have been operated without accident, and
they have been
maintained in good working order. Many improvements have
Philadelphia & Reading.—Comparative statement cf grossbeen made in the road and its equipment, and its condition is receipts, tonnage and
passengers for month of August, 1878:
fully up to the average railroads of the country. The growing
1878
187?
Gross receipts—
business and the wear and tear will soon require the
For month.
For year.
For month.
For year.
laying of R-iilroad
traffic
$1,217,545
140 miles of new rails between Bramard and
$3,303,215
$1,248,715
$8,545,813
Fargo. The opera¬ Canal traffic
119,115
584,905
103,300
025.096
tions of the land department have been
exceedingly octive during Steam colliers
49,t;00
408, 42
50,618
489,345
the year, the amotnt of land disposed of
16,533
68,019
18,144
being nearly three-quar¬ Richmond coal barges....
90,07!
has continued

to

/

>

same

.

.

.

ters of a million acres.
The outlay during the year for the renewal of
perishable struc¬
tures on the Pacific division was $20,000, and the
gross earnings
of said division
were $123,878,
the

ordinary

$80,949.

expenses

The statements of the treasurer show that the
earnings
road in the three years since the re-organization of the

being

of this

comp ny,

Total Railroad Co.
Coal and Iron Co

$1,402,792

$9,364,944
5,530,208

$1,420,879
1,202,784

$9,7f 0,326
6,780,918

$ ’,353,617
Tonnage and Passengers—

14,895,152

$2,623,663

$16,531,246

Coai carried

683,076

Merchandise carried..;..

280'15

755.709

4,962.781

Passengers carried
colliers..

555,914

62,960

4,082,460
2,337,658
4,710,297
435,501

foal mined by company..

341,129
128,623

1,910,012
759,749

420,398
If 8,219

2,560,776
909,616

469,752

2,669,761

478,648

-3,469,793-

950,825

Total of all

deducting operating expenses, aggregate $1,238,820, which
have been expended for the retirement of old claims, construction

Coal transp. by

line, and sundry miscellaneous payments. The
report was adopted.
The following resolutions were then offered atd
adopted after

Ujal mined by tenants...

after

on

the branch

discussion:
“

Resolved, That the subscription heretofore made by this company
to the capital 8fo<k of the Western Railroad Company of
Minnesota, fur the
term of ninety-nine y* ars from the 1st day of M:ay last; the prosecution of
the work on the branch line in Washington territory; the. use and
application
of the mrplus earnings of the company’s road for these purposes, and all the
acts, doings and procee lings of the board of directors for and
during the
present year; and of the several board* of directors since the organization of
the company, September 29, 1875, be and the, same are hereby approved, satis¬
fied and confirmed.
“

Whereas, the interests of the company demand an independent connection
between its road and the railroads centering at Minneapolis and St Paul; aod
“Whereas, the Minneapolis St.Cloud & tank Rapids Railroad Company, a
corporation ex stiDg under the laws of the btaie of Minnesota, propose to
construct a first-class railroad from Sauk Rapids to
Minneapolis, the capital
stock of raid corporation being fixed at 2,000 shares of $100
each; bonds of
said company are to be iisued to an amount not
exceeding $10,000 pt r mile,
bearing lute'est at 7 per cent per annum, and said bonds not to be sold or
negotia ed for a l^ss price than S5 per cent of the par value;
“Resolved, That it is the sense «f this meeting that unless within sixty days
from th s date there shall be made suitable and permanent
arrangements for
the use by this company of the lines of the First divi.-ion of the St. Paul &
Pacific Railroad Company, between Sauk Rapids and
Minneapolis and St.

Paul, this

company

should aid the said Minneapolis bauk Rapids & St. cloud

Railroad Company in the construction of its railroad by means-of subscription
to its

capital stock fora majority of the shares thereof, for the purpose of
forming a connection of sa d railroad with the railroad of this company; and
should take and enter Into a lease of said proposed railroad, wh^n com¬
pleted, for the term of ninety-nine years, commencin? six months after the
same shall be ready for operation
throughout, at an annual rent of 35 per cent
for the first five years and 35 prr cent thereafter of the gross
earnings
thereof; and the as-ent ot the stockholders of this company is hereby given
to the furnishing of said aid and the taking,
entering into and perfecting of
said lease.”

Total mined

Rutland.—At
Rutland Railroad

320,176
53S,929

tO,676

2,3tl,35l
4,890,260
428,976-

recent

meeting of the stockholders of the
Company, in order to provide for the outstand¬

a

ing equipment bonds, provision was made for the issue of a new
five per cent bond, secured by a mortgage on the same
equip¬
ment, and in addition thereto by a second mortgage upon the^
road, itself, thereby adding
to its security. It is proposed to
exchange the outstanding equipment bonds for the new bonds,
and to fund the coupons on the old bonds until the
maturity of
the same.
The new bonds are being prepared, and the
company
will soon be ready to issue the same in
exchange for outstand¬
ing equipment bonds.
St. Charles Bridge Company.—A meeting of the bond¬
holders of the St. Charles Bridge Company was held this week
to consider a proposition to
exchange their 10 per cent bonds
which mature October 1 next for a 7 per cent bond of the St. Louis
Kansas City & Northern Railroad, laving as an additional
security a first-class mortgage on the bridge property. The
bondholders were not inclined to take less than 8.per cent, and a
committee was appointed to notify all the bondholders, so as to
secure a fuller representation, and the
meeting then adjourned.

Virginia Midland Railroad.—Judge Keith, of the Circuit

Court at Alexa. dria, Va., has rendered a decision in the suit of
Graham against the Virginia Midland Railroad
Company, in
which he holds that the claims of employees and parties furnish¬

ing supplies do not take priority over the mortgaged debt. Upon
this point, the Judge says, the law has been well established..
He also decided that interest at the rate of 6 per cent should be
allowed on past-due and funded coupons. He holds that the first

The following board of directors was then elected: Charles B.
Wright, Pennsylvania; Frederick Billings, Vermont; George
W. Cass, New York; Charlemagne Tower,
Pennsylvania; J. C. mortgage of the Orange Alexandria & Manassas Railroad Com¬
Ainsworth. Oregon ; George Stark, New Hampshire ; Alexander pany takes - priority as to the Manassas Gap Railroad, from
Mitchell, Wisconsin; Johnston Livingston, New York; J. Frail- Manassas to Harrisonburg, over the previous mortgages of the
In other words, that the road
ey Smith, Pennsylvania; John M. Denison, Maryland; Benjamin Orange & Alexandria Railroad.
from Manassas to Harrisonburg was not “
P. Cheney, Massachusetts, and Richard L. Ashurst.
after-acquired property”
of the Orange & Alexandria Railroad Company, by reason of the
The directors met and re-elected the
following officers : consolidation
under the act of
Charles B. Wright, president; Samuel Wilkeson,
secretary, and Alexandria & Manassas Railroad Assembly creating the Orange
Company; and did not, therefore,,
George E. Beebe, treasurer.
pass under the mortgages of the Orange & Alexandria Railroad,
Pacific 'Railroads and the Government.—A Washington made previous *o the consolidation. The executions
against the
dispatch says : “ There are several important cases in which ihe Virginia Midland Railroad Company which had been issued, and
United States is concerned to be argued before the
Supreme the liens of which had attached at the time the Judge decides the
Court at its approaching session.
The first series of these are the road passed into the hands of the receiver, were liens on any

well-known Credit Mobilier cases, which are in the Supreme
Court on appeal from a decision of Judge Hunt in the United
States Court for the District of Connecticut
These suits are

brought under

a statute of 1873 to recover from the Credit
Mobilier certain moneys alleged to be wrongfully obtained from
the Union Pacific Railroad Company, the object of the Govern-

beiDg to have these funds restored to the company in order
that it ('lie company) may be able to meet its liabilities to the
United States.
The decision of Judge Huul was to the effect
that the suit could not be maintained, and was therefore
ment




against

funds of the company then in hand, and if the funds have been,
since otherwise appropriated, they must be now
re-placed out of
the receipts, and applied to the
discharge of said executions. The
claim of Adams, Hamner & Co. for extra
compensation is rejected,
on the ground that it had been released
by
the

the act of

claim¬

when they assigned all their demands
against the company
to the Baltimore & Ohio Railroad
Company. As to the claim of
the Baltimore & Ohio Railroad Company to be
subrogated to the
ants

right of the State

o^ Virginia, under the third mortgage, thfr

Court reserved its decision.

September

THE

28, 1878.]

333

CHRONICLE

O O T T O N.
Friday, P. M., September 27, 1878.
the Crop, as indicated by our telegrams

•gkt ©mmwcmal ginues.

The Movement of
from the South to-night,

is given below. For the week ending
^Sept. 27). the total receipts have reached 98,863
Friday Night, September 27.
bales, against 74,355 bales last week, 47,431 bales the previous
Tlie volume of business doing in the Eastern, Middle, and week, and 26,750 bales three weeks since; making the total
receipts since the 1st of September, 1878, 246,458 bales, against
Western Slates, is very fair, but at the South and Southwest the 83,071 for
the same period of 1877, showing an increase since
yellow fever epidemic and the alarm it creates are still great September 1,1878, of 163,387 bales. The details of the receipts for
obstacles to trade. The scourge has reached towns on the Ohio this week (as per telegraph) and for the corresponding weeks of
five previous years are as follows:
River, but does not excite apprehension further north, as the
1874.
1875.
1876.
1877.
1878.
weather has become cool and clear.
The time now rapidly Receipts this w’k at
12,733
16,357
19,400
8,373
5,472
approaches when a killing frost may be expected to effect a com¬ New Orleans
5,274
8,545
7,549
Mobile
2,915
3,798
plete restoration of public health throughout the country ; and
9,307
13,784
Charleston
14,276
6,793
22,254
trade restored to its accustomed channels, will become quite

COMMERCIAL EPITOME.

this evening

376

787

11,327

Galveston

33,849
13,524

iDdianola,

524

274

138

2,842

913

2,769

Port

active.

Royal, &c...

Savannah

depression in provisions noted in our last continued until
pork sold at $8 75 for October, and lard $6 G7£ lor October
and November. On Wednesday 15,000 tcs. sold for the next four
months at the uniform figures of $6 70@6 72£.
The market has
been improving, and to-day mess pork sold at $8 85 for October,
with $8 95 asked for November and $9 05 for December, and
lard sold at $6 85 for spot and January, and $6 80@6 82^ for the
Bacon is quiet at 5|@6c. for Western long
next three months.
Cut meats have favored buyers, with a good business in
clear.
The

mess

Tennessee, &c....

179

....

2,170

2,076

501

10

486

251

99

1,896

1,939

3,321

3,124
12,021

12,790

1,391
6,243

298

309

78

429

98,863

43,128

95,845

80,268

58,880

246,458

83,071

221,952

186,756

155,221

Norm Carolina...

Norfolk

City Point,&c....
...

Total since Sept. 1.

9,122

1,336
15,346
4,467

4,009
5,214
3,599

Florida

Total this week

1,026
18,713
4,615

....

18,549
17,224

The exports for the week ending this evening reach a total of
pickled rib bellies, medium and light weights, 6£@6fc. Beef and
14,622
bales, of which 10,492 were to Great Britain, 2,5 5 to
beef hams are very quiet. Butter and cheese have advanced and
France, and 1,61.5 to rest of the Continent, while the stocks as
close steady. Tallow has been higher- at 7£c. for prime, but made
up this evening are now 170,723 bales.
Below are the
closes at 7(3)7 l-16c. The following is a comparative summary of stocks and exports for the week, and also for the corresponding
week of last season.
aggregate exports from November 1 to September 21, inclusive:
1876-77.

Increase

60,024,000
543,227,146
295,683,088

54,077,800
415,135,071

212,037,039

5,946,200
128.092.025
63,646,049

398,934,234

681,249,910

217,684,321

187?-i8.

Pork, lbs
Bacon and hams,

lbs

Lard, lbs..
Total, lbs

EXPORTED TO—

Week

ending
Great
Sept. 27. Britain.
N. Orl’ns

Conti¬
France.

2,515

1,712

Mobile..

....

....

nent.

1877.

4,627

400

....

....

....

....

STOCK.

Same
Week

Total
this
Week.

1878.

1877.

12,307
7,632

25,274
4,788

8,837
30,768
Kentucky tobacco has been moderately active at firm prices. CharTt’n
960
48,989 13,953
4,291
3,331
Bales for the week are 1,000 hhds., of which 800 for export and Savan’ll.
28,497 11,231
"200 for home consumption. Prices ruled firm; luge, 3@5£c.; Galv’t’n32,000
44,337
105
2,968
N. York.
3,258
3,153
leaf, 6@14c. Seed leaf has been less active, and the sales for the Norfolk1,530
2,270
997
week are only 1,246 cases, as follows: 75 cases, 1877 crop, New Other*..
150
16,000
9,000
2,446
2,296
England, 12£ to 18c.; 650 do., 1877 crop, Pennsylvania, 10 to 18c.; Tot. this
331 do., 1876-7 crops, Ohio, private terms and 8^c.; and 190 do., 1877
3,965 170,723 126,690
14,622
1,615
week..
2,515
10,492
crop, Wisconsin, 5£ to 9£c. The movement in Spanish tobacco Tot.
since
has been moderate, embracing only 550 bales Havana at 85c.@
17,608
30,441
1,662
2,802
25,977
Sept. 1.
The
exports
this
weeX
uuder
the
nead
ot
“otuer
ports”
include, from Balti¬
$1 10, and 50 bales Yara on private terms.
more. 1,000 bales to Liverpool and 150 bales to Continent; fr-.m Boston, 596 bales
The business in Brazil grades of coffee has been checked by the t Live pool: from Phila elphia, 70u balei to Live pool.
In addition to above exports, our telegrams to-night also give
exceedingly small supplies, the stock in first hands for the past
us the following amounts of cotton on shipboard, not cleared, at
few days being 765 bags; the City of Para, however, arrived
the ports named.
We add also similar figures for New York,
to-day with 43,000 bushels ; fair to prime cargoes quoted at 16f@ which are prepared for our special use by Messrs. Carey, Yale dc
18c., gold. Mild grades have been in moderate sale, and all prices Lambert, 60 Beaver street:
On Shipboard, not cleared—for
manifest firmness. Late sales include 39,448 mats Java, before
....

....

....

....

....

....

....

....

....

....

....

....

....

"•

....

'

.

.

•

.

....

....

*

j

arrival,

on

private terms.

Rice has sold in a steady jobbing way

previous prices. Molasses, of all grades and descriptions, is
firmly quoted in view of the very moderate stocks; Cuba 50-test
quoted at 35c. Refined sugars have Bold very fairly at good,
firm figures ; standard crushed quoted at 9|c.
Raw grades have

Sept.

27, at—

pool.

at

also been

Cuba

firm, with

a

satisfactory business

quoted at 7£@?fc.

Stock Sept. 55, 1878
Stock Sept. 26, 1877

There has been

a

Hhds.

;

fair to good refining

Boxes.

77,242

12,342

2*1.795

1,161

46.308

5,171

57,729
93,165

8,9*2
24,706

Bags.
159,152
142,465
214,463
87,154
£07,021

Melado.

2,758
S35
-■

1,847
1,747
1,849

fair movement in ocean freight room, but at

irregular and somewhat lower rates, owing to heavy and almost
-superfluous offerings of tonnage. Late engagements and char¬
ters include : Grain to Liverpool, by steam, 5@5£d.@6d.; cotton,
9-32d.@5 16d.; bacon, 25s.; cheese, 35s. @37s. 6d.; flour, by sail,
2s. lid.; grain to London, by steam, at 5f@6d., and 6£d ; cheese
at 37s. 6i.; flour, by sail, 2s.@2s. 3d.; grain to Glasgow, by
steam, 5d.; flour, 2s. 6d.; grain to Antwerp, by steam, 8d:; do. by
sail, 7fd.; grain to Cork for orders, 5s. lOd. per qr.; do. to Bor¬
deaux, at 5s. 6d.@5s. 9d.; do. to Havre, 5s. 3d.; do. to Marseilles
or Cette, 5s. 7£d.; do. to direct Continental ports, 5*. 9d.; refined
petroleum to Trieste, 4s. 9d.; do. to the Baltic, 5s.; do. to Bremen,
3s.6d.@3s. 7$d.; do to Dublin, 3s. 10£d.; oats to Bordeaux, 7s.
There has been an improved movement in naval stores, mainly
in rosins for export, and quotations show more firmness, in sym¬
pathy with the Southern advices; spirits turpentine quoted at
28c., and common to good strained rosin at $1 35@L 42£. Petro¬
leum has continued dull and without interesting features; the
stocks at the Creek are daily becoming more and more burden¬
some and prices
show much demoralization; crude, in bulk,
quoted at 5£c, and refined, in bbls., at 10c. Lead has sold to
some extent at 3'35@3fc. for common domestic.
American pig
iron has shown a slightly better trade, due to the present low
prices ; sales 1,000 tons No. 2 at $14 25(3)15 25. Ingot copper
sold to the extent of 100,000 lbs. Lake at 16c., cash. Grass seeds
■dull and depressed. Whiskey nominal, at $1 09.




Liver¬

France.

Other

Coast¬

Foreign

wise.

Leaving
Stock.

Total.

3,000
1,350

None.

None.

None.

3,000

None.

None.

2,350

5,282

Savannah

10,000

200

1,000
1,600

5,500

17,300

Galveston

6,369
4,200

None.

692

243

7,304

None.

200

None.

*5,100

31,689
21,193
26,900

New Orleans

Mobile

New York

9,500

94,564
35,054
5,743
3,492
Included in this amount tnere are 700 bales at Presses for foreign,
ports, the destination of which we cannot learn.
From the foregoing statement it will be seen that,
with the corresponding week of last season, there is an increase
in the exports this week of 10,657 bales, while the
24,919

Total

200

*

compared

stocks to-night

44,033 bales more than they were at this time a year ago. The
following is our usual table showing the movement of cot r,on at
all the ports from Sept. 1 to Sept. 20, the latest mail dates:
are

RECEIPTS
SEPT.

Ports.
,

1878.

Char’n*

10,552
5,530
26,806

Sav’h..

56,192

Galv.*.

N.Orlns

Mobile.

SINCE

1.
1877.

5,436

37,875

N. York

161

91

Florida

1S2

66

N. Car.

3,580

954

Norf’k*

1,507

Other..

5,539
1,178

This yr.

147,595

1,049

Point, &c.

|

Other

(Foreign
47

2,795

10,303

Stock.

Total.

2,842

9,086
4,271
14,725
32,147
20,204

287

10,590

21,767
722
950

2,387

2,387
15,485

39.943

IJnuer the Head of
Galveston la inclulei
•

„

France.

1 TO—

3,065

7,157
14,614
6,004

Lastyr..

EXPORTED SINCE SEPT.

Great
Britain.

9,36ll

287

2221

47

15,819 109,372

4,060'

13.643 108,193

Charleston is Included Pore Roy il, &c.: unde * the head of
Indlanola, &c.; under the head of Norfolk la included City

These mail returns do not correspond precisely with
of the telegraphic figures, because in preparing them

necessary

to

5,500

the total

it is always
incorporate every correction made at the ports.

0
8
.
7
0
5
.3
0
2
334

THE

CHRONICLE.

The market for cotton on the
spot ruled dull and prices gave
way steadily from day to day, until on Wednesday the
quotation
for middling uplands was reduced to
11c., in sympathy with dull
accounts from Liverpool and the

Thursday there

crop.

was

large movement of the new
steadiness ; but to-day, with a

more

For

Bale?.
1,500.
-

January.

Pales.

• t«.
10-72
10-73
..10 74
10-75

300

4,200
5,900
2,000

10-76

3,200

ut«.
10-85

1,800
2,000

10-80
10-h7

1,700

10-88

[Vol. XXVII.

For April.
Bale".
Cts.

11,000

100
500

Pales

...10-97
10-98
10-99
11-00
11-01
11-02
...11-03
11-04
11-05

300

1,800..

4,300

Cts.
11-08.
11-09
11-10
11-11
11-12
111a

1,000
1,000....;
,

700

1.400
2,100
1,900

10 77
quiet market, spot quotations were further reduced 1-I6c. The 8,000
3,000
500
11-U
10-78
For March.
speculative movement in futures has been unusually
3.800
10-79
1.000
10-88
large,
10,100
4,200
)0-80
attended at times with much
100
10-89
2,500
excitement, and the course of prices 1,000.
10-81
100
10-90
600
X X -00
variable and irregular.
For June.
1,900
At the close on Wednesday, September
10-82
100
...10-91
200
11-07
500
11-15had declined 32 points from the
10-92
1T000
•no
ii-iA
previous Friday; October, 19 40,000
1300...
10-93
19,400
200
,..11-17
points ; November, 5 points, and December and February 1
3,800
10-94
point;
1,200
...1119
F->r Februarv.
1 300
10 95
For May.
January had advanced 1 point, and the later deliveries 2 to 7
700
11-20•400
10-81
800
10 90
500
11-03
500
11-21
100
points. Yesterday, on better accounts from Liverpool, there was
10-82
200
10-08
100.
11 -04
500
X0 83
a free demand to cover
200
11-tft
3,200
contracts, and an early advance, which was
1 300
10-84
9,700
100
11-07
not sustained, however, and the close was 1
to 4 points lower,
The following
except for October, which was 3 points dearer.
exchanges have been made during the week:
To-day, there *10
was some advance for the
pd. to excb. 300 Oct. for Sept.
'04 pi. to excb. 400 Nov. for Oct.
early months, 3 to 6 points, but the ‘05 pi.
to exc--. 1,500 uct. for
later months remained
200 Nov. for Dec. even.
unchanged. The market is now largely 03 p i. toexcli. 100 cept. s. n. fcept.
25th, for *10 pi. to excb.200 Nov. for Sept.
under the influence of the
reg.
prospective movement at our ports for
October and November, and the elect on this
The following will show the
movement of the
closing prices bid for future
extension of yellow fever into the interior is
and the tone of the market at three o’clock P M., on
delivery,
widely discussed and
the several dates named;
variously estimated.
The total sales for forward
delivery for the week are 423,400
MIDDLING UPLANDS—AMERICAN CLASSIFICATION.
bales, including — free on board. For immediate delivery the
Fri.
Sat.
Mon.
Tucs.
total sales foot
Wed.
Tlmrs.
Fri.
up this week 5,191 bales, including 300 for
Market— Lower. Lower. Lower.
Firmer..
Irreg’r.Var’ble.Yar’ble,
export, 4,791 for consumption and 100 for speculation.
11-13
1102
10-84
10-80
10-81
Of September
10-80
10-82
October
the above, 450 bales were to arrive.
10-96
10-89
10-80
10-78
The following tables show
10*77
10-80
10-84
November
10*79
10-77
10-72
the official
.

00 04198.521341..439
quotations and sales for each dav

Saturday, Sept. 21,
to Friday, Sept.27.

UPLANDS.
Sat.

of the past week:

ALABAMA. N. ORLE’NS

Mon

Sat.

Mon

Sat.

TEXAS.

Mon

Sat.

Mon.

Ordinary
93s
914
9%
9%
9%
938
9%
9%
Strict Ordinary... 913m
911x6 913i6 9U16 9151G 913x6 91516 913x6
Good Ordinary.
10uio 103i6 10°16 103l6 10%6 10°16 10%6 10°i6
Strict Good Ord... 10 34
10
..

10%
1078

11

11

10%
10%

11%

11

11*4

11%

11%

11 *2
Strict Good Mid... 11 34

113s

11%
12%

11%
1134
12%

123j

12%

11%
113s
11%
12%
1234

Low Middling
11
Strict Low Mid.... 11%

Middling
Good

Middling....

Middling Fair

12%
12 78

Fair

34

10%

10 34
11

11%
11%
113s
11%
11%
123q

11%
11%
11%
1134
12%
12%

13

-

10%

1034

11%
11%
113s
11%

11

123s

11%
11%
11%
1134
12%

13

12%

11%

TuesWed Tiles Wed Tues Wed

10%

Middling
11*8
Good Middling..
1138
Strict Good Mid.... 11%

Fair

Ordinary

$ S>.

1218

12

1234

12%

11%
1138

9i8

9%

11
11 *4

Good Middling....
Strict Good Mid.
1112
12
Middling Fair
Fair
112%

Good

Low

Ordinary
Middling.

12%
1234

9%

10

10%6
101%6
101316
10loxo
113x6

11%6

1H%6
12916

9%

9Hig 9->8
1031g 10%
10%
10916
10%
101316
11
101l>x6
11%
ilho
113s
11°16
11%
119x6
12%
12%6
1234
121%6

93s

9%

9%

10%

1038

103b

10%

10 34

103i

11%
11%

Fri.

9%

9316

Fri.

9%
934
10%

9316
91%6
10316
10% 10916

10%

Ex¬

8at.. Dull, lower

256

ioo

.

732
733
795

.

Total

936

1,339

200

300! 4,791

Sales.

256

936

.

....

100

1,339
832
933
895

ioo

....

71,600
72.500
86,200
73.500
69,400

50,200

5,191 423,400

Deliv¬
eries.
400

1,500
400
200
400
600

3,500

For forward

delivery, the sales have reached during the week
423,400 bales (all middling or on the basis of
middling), and the
following is a statement of the sales and prices:

•

For September.
Bales.
Cts.
•200
10-73
200
10-74
100 s.n.26th 10-76
100
.1070
300 s.n
10*77
100 j.u.28th 10 77
400
10-77
300 6 n.Wth 10-78
200
10-73
700
jlO-79
3,300
10-80
200 p.d.28.1) 10 81
2,100
10-81
200 e.n.aath 10-83
200
10-83
100 e.n.USth 10-84
600
10-84
ICO s n.<8 b 10-85
2,200
10-85
10-80
1,500
4,300
10-87
700
10-88
2,000
10-89
300

10 90
10-91

900

1,700....

*...

10-9*4

Jl.800....10-93




Rales.
900
100

2,100
8,900.
700
400

2,500

300.

1,900

100
200
100

.

700..
100
800

300

Ct«.

10-94
10-95
10-90
10-97

10-98
10 99
1100
11-01
11-02
1103
11-04
11-05
11-00
1107
.1108
11*13
11-14

Bales.
9,200...

4,500
8,000
10,100
8.300

10,600
3,000
12,200

0,300
12,300
3,000

7.600

0,800
200

3,v’00

900

41,600

For October.

1,600

3,-00
7,000

11,900

10-71

10-72
16-73
10-74
10-75
...10-76

10 77

Ct«.

Pales.

10-78
10-79

10,400

10-80
10-81
.10-82
10-83
10 84
10-85
10-80
10-87
10 88
10-89
10-90
10 91
10-92
10-94
10-96
10*97

0,000

2,400

j

0,800

10-72

7,800
0,900
14,500

.10 73

4.400

.

10'71

10-74
10-75
10-70
10-77
10-78
10 79
10*80

For December
500
10-06
400
10-67
S'>0. ........10-08
900
10-09
...,i0-70
8,700
10-71

For November,
10-00 ]
10-67
200
10-08 !
1.900
10-69
10-70

cts.
10-72
10-73

07,000

t

2,700

5.000

8.800
4,700

158,200

100%

4-80%

4-80i2

June

July.

11-10

2.000

1,1*00

02,000

11-18

10-85

Steady. Steady.
10012
4-80i2

1003s

4-80i2

10-74
10-75

10-79
10-87
10-96

10-73
10-73
10-77
10-85
10-95

11 06

11-03

11-14
11-22
11-27

Till
11-17

10-75
10-75
10-79
10-86
10-95
11-03

11-12

11-23

10-85
10-85
Firm. Steady
1003q
1003s
4-80
4-80

.

11-18
11-23
10-8&
Dull.

1003s
4-80

returns,

and consequently
to make the totals
the complete figures for
to-night (Sept. 27), we add the item of
exports from the United States, including in it the
to

Thursday evening; hence,

exports of

Friday only:

1878.

,

387,000

•

23,000

.

Total Great Britain stock

Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at

.

10-74
10-75
10-76
10-77
10-78
.10-79

.

410,000

.

143,250
1,250
14,000
5,000
29,000

.

Hamburg

Stock at Bremen.

.

Stock at Amsterdam

1877.

1876.

1875.-

598,000
29,000

721.000

713,000-

34,500

66,500

627,000
193,250

755,500

779,500

134,250

10,500

4,500

50.000

192,250
4,250
52,000
12,250
31,250

62,000

60,000

11,250

15,750

11,000

257,000

398,000

423,000

379,750

7,750

Stock at

4,500

Antwerp..'.

Total continental ports...
Total European stocks..
India cotton afloat for

.

62,000

.

‘11,000

Stock at Rotterdam
Stock at other conti’utal port; 1.

57,750

12,000
60,250
35,750
11,000
6,750
10,750

41,000

.

16,500

17,000

■

.<-

9,750
7,000

667,000 1,025,000 1,178,500 1,159,250
149,000
130,000
249,000
301,000
29,000
16,000
41,000
25,000
6,000
17,000
16,000
25,000
170,723
126,6t)0 231,077 164,618.
20,578
11,805
20,899
15,980
1,500
1,400
6,000

.

Europe
6
e
.

.

•

FUTURES.

C011Spec- Tranport. sump. ul’t’11 sit. Total.

Mon
Quiet, lower
Tues. Weak
Wed
Quiet, lower
Thurs Dull
Fri.
Quiet, lower

Gold

11-17
11-22
11-05
Dull.
100 *2

April
May

Stock in U. S. interior ports..

SALES OF SPOT AND TRANSIT.

CLOSED.

Transfer orders
Closed—

1094
11-03
11-10
11*15
11-21
11-15
Dull.

.

12%
1234

MARKET AND SALES.

SPOT MARKET

'

10*73
10-72
10*76
10-85
10*93
1103
11-10
11-18
10-23
10-85

10-71
10-75
10-84
10-92
11-00
11-08
11-14

11%

Th.

Th.

9%
9%
10%

i

10%

9l%6 9%
10316 10%
10%
109x6
10% 1013x6
11
101^16
11%
11%6
11%
11°1G
11%
119x6
12%
12%6
12 34
1211x6

Mon Tnes Wed

938

10

12%

.

9:He

;ii15i6

Middling

11%

9%

Sat.

Strict Good

11%
113s

9%g

12

^ lb.

11

9%

12y16 [12%

Ordinary

10%

11%
11%
11%
1134
12%

Fri.

illjhe

STAINED.

11

11

Th.

11%
11%

!ll716

.

12%

10y4

Fri.

107i6 10%
IOH16 10 34
1013x6 10%
jlOl°iG 11

10 78

12%

10%
10%

Th.

9916
10%G

10

1012
10 34

12

11%
11%
11%
11%
12%

11%
11%

12%
12%

0%6

11

11

11%

| Fri.

99ig
Idle

Middling

10%

11%
11%

Th.

Strict Ordinary...
Good Ordinary....
Strict Good Ord...
Low Middling.....
Strict Low Mid....

11

11

.

Middling Fair

10%

10%

10%

|

Strict Low Mid.... 11

10%
1034

10-78
10-85
10-93
1102

March

Tuesj Wed brought down

Ordinary
$ lb. 9%
9%
9%
9%
93e
9%
93a
9%
Ordinary..
9Hi6 9® 16
OH16 99x6 913x6 91%6 91316 91%g
Ordinary.... 10316 lOho 10316 10%6 10°16 !03i6
10;1iG 10310
Strict Good Ord... 10%
10%
1034

10-75

10-79
10'88

The Visible Supply of
Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures-of last Saturday, but the totals for Great
Britain and the afloat,
for the Continent are this week’s

Good

107q

10*76

Exchange

Strict

Low Middling

December

January
February

....

Total visible supply.bales.l,043,801 1,326,495
1,737,876 1,696,848
Of the above, the totals of American and other

descriptions

follows:
.

are as

'

American—

Liverpool stock
American afloat to

911,376

708,348

158,000

291,000

395,000

23,000
54,000

29,000

34,500

149,000

109,000
130,000

6,000

17,000

132,000
249,000
16,000

391,000
66,500
205,000
301,000
25,000

390,000

576,000
750,495

826,500
911,376

988,500
708,348

United States interior stocks..

United States exports to-day..
bales.

Liverpool stock—
Continental stocks

Egypt, Brazil, &c., afloat
Total East India, &c
Total American
Total visible
Price Mid. Upl.,

11,805
....

*

—

London stock
India afloat for Europe

653,801

750,495

Europe....

Total American

307,000
289,000
16,000
126,690

322,000
174,750
25,000
164,61B
15,980
6,000

United States stock

East Indian, Brazil, dc

229,000
203,000
29,000
170,723
20,578
1,500

326,000
291,000
41,000
231,077
20,899
1,400

Continental stocks

653,801

supply
1,043,801 :1,326,495 :1,737,876 :1,696,848
Liverpool.:..
6%d.
6%d.
6%d.
5i516dP

These

figures indicate a decrease in the cotton-in sight to-night
of 282,694 bales as compared with the same date of
1877, a
decrease of 694,075 bales as compared with the
date
corresponding
of 1876, and a decrease of 653,047 bales as
compared with 1875.

At the Interior Ports the movement—that is the
and shipments for the week,; and stocks

corresponding week of 1877—is
statement:

set out

receipts
to-niglit, and for thein detail in. the following

September

THE CHRONICLE.

28, 1878.]
Week

ending Sept. 27, ’78.

Receipts Shipm’ts
Augusta, Ga
Columbus, Ga....

7,576
2,920
3,677

Macon, Ga

Week

Stock.

7,607
2,229
2,436
3,558
3,791

ending Sept. 28, ’77

3,314

729

910

778

1,981
1,158

18

1,216
1,482
1,419
3,021
2,049
2,257

15

361

1,899

3,007
1,498

1,475
3,400

1.883

897

Montgomery, Ala
Selma, Ala
Memphis, Tenn..
N ash ville, Tenn..

6,177

Total, old ports.

26,275

20,362

20,578

13,968

10,439

11,805

Dallas, Texas....
.Jefferson, Tex.
Shreveport, La

1,789

934
139

1,559

1,949

1,546

83

1,133

74

156

1,074

435
767

1,313

4,997
•

•

•

•

928

..

174

..

1,146

Vicksburg, Miss
Columbus, Miss..
Eufaula, Ala

....

741

1,288

2,952

223
857
150

1,345
1,198

Nashville, Tennessee.—It has rained slightly on four
this
week, the rainfall reaching forty-seven hundredths of days
an inch.
The thermometer has
ranged from 58 to 77, averaging 67.

Receipts Shipm’ts Stock.

2,534
2,402
3,319
6,626
4,190

335

Memphis, Tennessee.—Telegram not received.
Mobile, Alabama.—It has rained severely one day, and has been
showery four days, the rainfall aggregating three inches and

twenty-seven hundredths. The balance of the week has been
pleasant. Picking is progressing finely. The thermometer has
averaged 78, the highest being 90 and the lowest 67.
Montgomery, Alabama.—We have had rain on two days during
the week, the rainfall
reaching two inches and fifty-five hung
dredths. The thermometer has
averaged 71, the highest bein88 and the
lowest 67.

Selma, Alabama.—It has rained lightly on two days this week.
378
194
705
356
229
Picking
is progressing finely, and planters are
831
1,200
881
1,550
700
1,450
sending their cot¬
ton to market
Griffin, Ga
1,725
1,114
995
502
freely.
425
207
Atlanta, Ga
3,936
3,084
3,564
639
1,250
Madison, Florida.—Telegram not received.
1,085
Rome, Ga*
1,700
900
1,631
108
93
47
Macon,
Georgia.—Telegram not received.
Charlotte, N. C...
1,720
403
1,677
425
105
420
St. Louis, Mo
Columbus, Georgia.—It has rained slightly on three
7,212
4,807
5,040
1,380
502
1,881
days of the
'Cincinnati, O
355
1,361
2,012
652
757
2,418 past week, with a rainfall of ninety-four hundredths of an inch.
The thermometer has
averaged 78.
Total, new p’rts 23,260 17,678 17,294
10,278
8,401
8,705
Savannah, Georgia.—We have had warm, sultry, wet weather
Total, all
49,535
38.040
37,872
Rain has fallen on two days, to a
18.840
24,246
20,510 during the week.
depth of one
inch and twenty
Estimated.
hundredths. Average thermometer 76, high¬
est
The above totals show that the old
86, and lowest 65.
interior stocks have
increased during the week 5,913
Augusta,
Georgia.—The weather during the week has been
bales, and are to-night 8,773
bales more than at the same
pleasant,
although
we have had light rains on six days, the rain¬
period last year.
The receipts at the fall
same towns have been 12.307 bales
reaching four inches and three hundredths. Accounts are
more than the same week last
good and picking is progressing finely. Planters are
year.
•
sending cot¬
ton to market
freely.
Receipts from the
Average thermometer 74, highest 85, and
to
remarks
Plantations.—Referring
our
lowest
63.
In a previous issue for an
explanation of this table, we now bring
Charleston, South Carolina.—It has been showery two
the figures down one week
later, closing to-night:
days of
the past week, the rainfall
reaching one inch and twenty-three
RECEIPTS PROM PLANTATIONS.
hundredths. The thermometer has
averaged 77, with an extreme.

949

466
258

*

.

Receipts at the Ports.

Week

ending—
July
44

1876.

5.

1677.

8,661

6,102

12.

6,002

4,404

19.

5 042

26.

5,589

Aug. 2.

5,153

3,676
3,299
2,691

44

4<

44

9.

5,871

44

2,10^

16.

7,390

44

%4

23.

7,151

1,733
2,614

30.

13,278
19,733

4,335
5.835

41.457

12,109

.Sept. 6.
• 4

44
44

13.
20.

62,998 22,345
S5,P43 43,128

27.

Total.

284.173 114.-153

Stock

at

Inter’r Ports Rec’pts from Plant’ns

1878.

1876.

5,949
5,2 7
3,739
4,086
3,671
3,069
4,657
5,699
15,784

57,865 32,077

26,750

47,431
74,355
98,86-1

1877.

1878.

1876.

19,675
53,736 23,997 18,033
49,552 27,979 15,494
47,151 55,361 12,527
42,379 22,472 11,005
35,18* 21,574 8,346
28,877 19,118
6,238
23,691 17,60 >
5,999
21,625 16,278 6,593
20,76*
16,449
9,979
53,43! 16,275 18,971
23,904 15,1U4 26,377
38,83? 20,510 37,872

299,38*

1877.

5,448
1,876
898

4,384
3,645
1,243

681

1,119
2,149

•

•

•

410

1,204

....

1,085

•

•

•

•

1,965

1,12'>

11,214

3,015,68^

2,549
5 460

15,784
18.86
26,770
41.457 11.932 47,431
62,998 21,17; 74.355
95,845 43,128 98,863
245,174

94,496 28 >,142

This statement shows us that the
receipts at the ports the past
week were 98,863
bales, received entirely from plantations.
Last year the
receipts from the plantations for the same week
were 43,128
bales, and for 1876 they were 95 845 bales.
Weather Reports by Telegraph.—The weather the
past
week has been
generally favorable for the development and

ingathering of the crop, and cotton is being pushed
rapidly as the yellow fever will permit.

to market

as

Galveston, Texas.—It has rained during the week on three
days, the rainfall reaching one inch and one hundredth. The
thermometer has
is

A

2,368
1,324
2,658

3,158
374

1878.

ranged from 69 to 87, averaging 79.

range of 69 and 85.

D’y s New
of
Or¬
we’k leans.

with

a

rainfall of four hundredths of

an

inch.

day,

shower,

Picking is mak¬

ing fine progress. Crop will be large.
The thermometer has
ranged from 51 to 95, averaging 74.
Dallas, Texas.—We have had a sprinkle on one day
during the
week. Picking is making good
progress. Average thermometer
75* highest 95, and lowest 50. The rainfall is three hundredths

of

an

inch.

1

Mo-

i

515

419
686

TUC8

3,561

Wed

393

Thur

1,472

Fri..

467J

1,503

615( 3,031

Tot..

8,373

3,798 22,254 33,849 13,524

746

637

563

11,302
17,905
18,579

921

281

46

13,584

1,317

619

153

1,226

577

7,765

13,814
23,679

5,214

3,102

8,749

98.863

receipts since the 1st of September, 1878, and for
ponding years have been as follows:

corres¬

875| 3,615
4,014

The

1878.

Sept. 1—
“

S.

2....

408

5,708

S.

,

1875.

1,918

1,064

1,691

1,380

3....

4,051

1,246

4....

616

1,008
754

4,630
2,996
3,414

1,701

3,111

3,764
3,228

1,655

3,982
4,708

3,116
3,621

“

5....

“

6....

4,799
4,224
7,116

7....

4,108

8....
9....

S.

“

11....

13,115
7,341
6,258

41

12....

7,982

13....

14....

8,537
10,714

44

15....

S.

44

16....

15,127
10,425

“

44
44

10....

44

17....

44

18....

44

1876.

“

“

•4

1877.

“

“

44




2,245
1,993

Total,

62

44

of the past week
were cloudy, with rain on
Friday. The rest of the week has been
clear and pleasant, but it is now
cloudy and cold. The thermom¬
eter has
averaged 67, the highest being 89 and the lowest 50.
The rainfall has reached
sixty-three hundredths of an inch.

1,541

All

others.
160

19....

10,032
11,125
16,933
11,302

44

Arkansas.—Friday and Thursday

5,814
5,912
3,527
6,969

ton.
594

4‘

Little Rock,

736I 3,451

1,760
2,914
3,071

ming¬

394

44

inch.

3,922
7,705

folk.

27, ’78

Wil¬

537

44

an

3,465
4,678

Nor¬

SEPT.

467

44

has been seventy-four hundredths of

Char- Savan¬ Galnah. vest’n.

leston.

929

Brenham, Texas.—During the week past we have had showers
20....
on two
days, the rainfall reaching ninety hundredths of an inch.
21....
Picking is progressing, but cotton is opening faster than it can
22....
be picked.
The thermometer has averaged 79, with an extreme
23....
range of 71 and 90.
24....
New Orleans, Louisiana.—It has not rained here
during the
25....
week. The thermometer has
averaged 78.
26....
Shreveport,r Louisiana.—Picking is progressing rapidly, the
27....
season
being very favorable. The new crop grades between mid¬
dling and fair. The thermometer has averaged 74 during the Total
week, the highest point touched having been 92 and the lowest Percentage
56. The rainfall

Vicksburg, Mississippi.—Telegram not received.
Columbus, Mississippi.—Telegram not received.

•

bile.

Sat..

Picking

a

SATURDAY, SEPT. 21, ’78, TO FRIDAY,

Mon

“

on one

ending to-night.

PORT RECEIPTS FROM

lowest 69.

has fallen here

accurate,

the weeks in different
years do not end on the same day of the
month.
We have
consequently added to our other standing
tables a daily and monthly
statement, that the reader may con¬
stantly have before him the data for seeing the exact relative
movement for the years named.
First we give the receipts at
etch port each day of the week
as

making rapid progress.
Indianola, Texas.—We have had a shower on one day this
week, the rainfall reaching four hundredths of an inch.
Picking
is progressing
finely. Average thermometer 80, highest 92, and

Corsicana, Texas.—Rain

Comparative Port Receipts and Daily Crop
Movement.—
comparison of the port movement by weeks is not

8.

17,905
18,579
13,584
13,814
23,679

246,458
of total

port recemts

S.

3,085
1,398
-

-

3,108
1,664
2,524
2,459
8.

S.

S.

8,923
4,788
7,752
6,085
7,899
7,538

5,063

S.

4,109
3,555

13,925
10,417
10,364
9,876
12,112

2,735
6,340
4,049
S,

13,538

1874.

1,265
1,075
1,615
1,682
2,145

1,734
1,407
S.

8.

3,390
1,957
1,841
2,746
3,423
3,214

*

3,928
3,137
S.

7,119
6,512
5,417
5,404
6,209
5,327
S.

S.

-

5,642
5,176
3,921
3,842
6,225
6,641

8,845

8.

6,821

10,421
6,542

8,173
8,149
10,015
10,109

7,521
6,682
8,946
8,495

9,470

s:

5,543
7,922

20,015
13,011

6,254

14,978

17,315

76,666

187,671

131,794

104,407

0314

02-99

01*76

04-65

This statement shows that the

S.

S.

1873.

1,439

1,571
2,101
1,497
2,206
1,563
S.

3,234
2,289
1,944
2,510
2,834

2,571
S.

5,182
3,572

3,890
4,209
5,271
3,590
S.

5,794
9,601
4,912
7,004
7,584

6,820
93,188
02-45

receipts since Sept. 1 up to
to-night are now 169,792 bales more than they were to the same
day of the month in 1877, and 58,787 bales more than they
were to the same
day of the month in 1876. We add to the last
table the percentages of total
port receipts which had been.
received Sept. 27 in each of the
years named,

THE CHRONICLE

336

[vol. xxvil

issue of should extend in those directions or some other unfavorable con¬
dition intervene) will undoubtedly and very considerably increase
August 24th we gave reasons for supposing that the September their arrivals, so that al ogether we even now look for a fair
and October receipts of cotton this year would show a very increase this year on the movement of last October and Novem¬
decided increase over 1877, notwithstanding the hindrances to a ber.
Ellison & Co.’s Cotton Report for August.—We are in re¬
free movement by reason of the yellow fever.
September has
almost passed, and promises to give us a total of nearly 300,000 ceipt of Messrs. Ellison & Co.’s cotton report for August, dated
bales, against less than 100,000 bales last year. The question September 9, and make the following extracts from it:
MOVEMENT DURING THE SEASON OCT. 1 TO AUG. 30.
now recurs, however, with regard to the October and subsequent
The deliveries to English and Continental consumers during
movements, as the conditions change somewhat from the present the first eleven months of the season have been as follow, com¬
time. In the first place, the yellow fever appears to be extending pared with the figures for the corresponding months of last sea¬
into the interior towns more and more, which, of course, is a son :
Great Britain.
Continent.
1877-8.
1876-7.
1877-8.
1876-7.
very unfavorable circumstance in the marketing of the crop,
Number of bales
2,585,060
2,845,160
2,294,Si0
2,084,290
compared with which, in fact, sickness in the outports is of little Average weight, lbs
425
404
421
403
influence. Railroads can run around outports, but they must Total weight, lbs..
1,098,650,500 1,149,444,640 966,119,220 839,968.010
To this year’s deliveries to English spinners must be added
have the interior free for shipping purposes.
So far as this con¬
4,345,000 lbs. for error discovered in the stock of Surats, as
dition'prevails, then, we cannot expect a large movement. In explained in a previous report, making the total deliveries for the
the next place, with October we have to compare with a full eleven months 1,102,995,500 lbs.
In our last report we estimated the consumption of Great
movement last year.
To exhibit this point more clearly, we give
Britain during the first ten months of the season at a total of
the following table, showing each week’s figures for October and
969,200,000 lbs. In the month under review the consumption was
November, 1877, of each port, with the totals for the month. about 114 000,000 lbs, or 57,000 bales of 400 lbs. per week, (or 53,600
Por the purpose of keeping the monthly totals separate, we have bales of 425 lbs., the average weight of the bales actually deliv¬
divided the week where part of it is in one month and part the ered), making a total of 1,083,200,000 lbs. for the eleven months.
Last, year the rate of consumption in August was only about
following month. As, for instance, the first week of October
50,000 bales of 400 lbs., or a total of 100,000,000 lbs., which
ended with October 5 ; hence, under October, we give those five added to the
1.052,080,000 lbs. consumed in the previous ten
days, and the other two days are under September, and to months, gave 1,152,580/000 lbs. as the consumption for eleven
Receipts

for

October and November.—In our

,

/

,

,

.

obtain the total for that week the two must be added.

bales,

received the last two days

of September 1,650
and the first five days of October 7,969 bales, and
whole week, therefore, ending October 5, 9,619 bales:

New Orleans

for the

Thus

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%

Total. 15,18 98,491 5 ,230

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12,376 578,53 5 ,960 198,76 194,571 20,980 172,16 82,493

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Consumption, 4.3 weeks

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Lbs.

65,231,000

966,119,2-30 839,968,000

84,000

5,382,610

13,000

87.087.220
217,000

5,368,000

half of this

is in Russia, &c.

The direct imports into

Russia, Sweden, &c, between March 31st and August 30rh, were
231,610 bales, averaging 450 lbs. each, and equal to 262,000 bales
of 400 lbs. About 30,000 bales were also received from Great
Britain, making a total of 292,000 bales, aside from cotton
received via Germany and from Bokhara.A full rate of con¬

©

CO

Eh
Ph

Lbs.

5,368,000

The]estimated surplus of 84,000 bales held by English spinners,
that may be shown on taking stock in Liver¬
pool at the end of the current month. The surplus held at the
mills and interior depots of the Continent has been reduced
104,000 bales during the past five weeks, owing to the small
deliveries.
There will be a further important reduction in Sep¬
tember.
The surplus at the end of August stood at 217,000 bales;
at least

rH

JP

X

sumption for Russia, Sweden, &c. (as shown in our last Annual)
week, or 198,000 for twenty-two weeks.
This would leave a surplus of 94,000 bales.
The re.-t of the sur¬
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plus
is
spread
over
It
may
however, that the
the
Continent.
be,
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consumption for the past eleven months has amounted to more
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than our estimate; but on this point it is impossible to be cer¬
o
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tain.
Next month, however, (ia our Autumn Annual) we hope
Y
to give an accurate statement of the consumption f -r the whole
o
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;
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season.
Meanwhile it is not very material whether we call the
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surplus
217,000
bales, or 50,000 less than that figure.
CO
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It is thought in some quarters that our estimate of home con¬
Cl
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a
sumption is too low, because the exports of yarns and piece
c
CP
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goods do not show a corresponding decrease ; but we suspect
H
that the goods exported this season have, on average, weighed
The above statement shows that cotton was marketed
quite lighter per yard than those exported last season, while it is not
free'y last year in October, and we are therefore to compare for unlikely that part of the exports of both yarns and goods have
future weeks with pretty full figures.
In making such compari¬ been taken out of last season’s stock, the general impression
being that the stocks in first hands are sm»ller now than they
son, however, we must remember that it began to rain, about the
were a year ago.
We hope to give some definite information on
middle of September, 1877, and from that time on, frequent and both
these points in our next leport.
unusually severe and prolonged storms visited the most of the
PROSPECTS.
The
outlook
for
the
immediate
future is not che?rful.
In view
South. This greatly interfered with the marketing of cotton
of the prospect of a liberal supply of the raw material for the
almost everywhere.
new season, some decl ne in
pi ices is confident y anticipated;
To conclude then, there is a section, mainly in the
Mississippi Low as prices are in Manchester, lherefore, buyers are operating
Valley, where cotton movements must be very largely checked only for the supply of present needs, which needs are cut, down
by the yellow fever until frost. On the other hand, all the to much below the usual average rate, owing partly to diminished
Atlantic ports and Galveston and St. Louis (unless the fever power to purchase on the part of some of our largest customers,
O

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is about 9 000 bales per

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includes any excess

pH
pH

pH
Ip
©

Continent.
1877-8.
1876-7.

13,000
The total surplus for Europe is 301,000 bales, against 26,000
bales last year, an excess of 275,000 bales.
Against, there is a
deficit of 597,000 bales in the visib'e supply, so that the quantity
of cotton in the ports, at the mill-, or afloat, at the end of August
was about 322,000 hales less than a year previously.

rH

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CO

Lbs.

,

,

1.116,795,500 1,157,962,610 971,487,220 905,1P9,(M)0
1,0^3,200,000 1,152,580,000 884,400,000 899.831,000

83,595,500

Surplus stock, Aug. 30

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...

Bales of 40J lbs

3

H
O

>

13,80‘,000 '
8,518,000
1,11)2,995,500 1,149.441,640

Surplus stock. 1st Oct
Deliveries to Aug. 30

CO

lO

Great Britain.
1876-7.

1877-8.
Lbs.

03

w
>
o

consumption on the Continent in August was about
47,000 bales of 400 lbs. per week, or 94,000,000 lbs. for five
wteks, making with the 790,400,000 lbs. consumed in the previous
ten months a total of 884,400,000 lbs. for eleven months.
Last
year the rate of consumption for the whole season was 18,844,000
lbs. (> qual to 47,100 bales of 400 lbs. per week), but it was less
in the last two months of the season than in the previous ten.
The surplus stock at the close of t-he season was about 13,000
bales.
The quan ity held at the end of August did not differ
materially from ihis figure. In thin case the consumption for the
eleven months would be about 899,831,000 lbs., or 18,746,000 lbs.
(equal 46,860 bales) per week.
Ou the basi3 of the foregoing calculation, the movements have
been as follow this season compared with last.
The stock on
hand 1st October is the surplus shown in our Autumn Annual:

X

tf
W

a

months.
The rate of

September
und

THE CHRONICLE

28, 1878. j

partly to the postponement of buying

the part of others

on

of our customers who think that they will be able to purchase
lower figures in a little time hence.
In other words, business

News.—The exports of cotton from the United
past week, as per latest mail returns, have reached
5,688 bales. So far as the Southern ports are concerned, these
are the same exports reported by
telegraph, and published in
The Chronicle, last Friday. With regard to New York, w e
include the manifests of all vessels cleared up to Wednesday
night of this week.
Shipping

States the

at

is
semi-suspended until the realization of the decline in prices,
which it is expected will tike place on the free arrival of the
new cotton crops.
It would not be wise, however, for spinners
and manufacturers to speculate too freely upon any very import¬
ant fall in values.
It is true that the American receipts are
exceptionally liberal, but it should not be overlooked that the
^rop is very early and that the large arrivals are chiefly at the
Atlantic ports.
In a few weeks, when we begin to compare with
large figures, it may be that the influence of the yellow fever
will show itself in a much more pronounced way than it is doing
at present, in which case it is certain that some reaction in prices
would be witnessed.
Caution on the part of producers is the
int're necessary owing to the depressed rates ruling for yarn and
cloth, compared with cotton.
Bombay Shipments.—According to our cable despatch received
to day, there have been 1,000 bales shipped from Bombay to
Great Britain the past week and
bales to the Continent;
while the receipts at Bombay during this week have been 3,000
The movement since the 1st of January is as follows.
are the figures of W, Nicol & Co., of Bombay, and are

bales.
These

887

Total

New York—To Liverpool, per steamers Erin, 464.... Abyssinia, 1,629

City of Beriiri, 1,<j60

—

1878
1877
1876

1,000
1,000
4,000

511

519

Liverpool, per steamer Pennsylvania, 300

£00

Total

The particulars of these
are as follows:

shipments, arranged in
Liverpool.

New York.
New Orleai
Baltimore.

Boston

5,683

....

our usual form,
Bremen.

Total.
3,2 8

105

3,153

..

1,100

....

.

519

.

,

.

511
519
300

..

....

105

Shipments since Jan. 1.

Great
Conti¬
nent. Total. Britain.

Jos

1,100

375

Philadelphia—To

Cotton
Great
Brit’n.

3,153

To Bremen, pe^ steamer Neckar, 105
New Orleans— To Liverpool, per steamer Ithnriel, 1,100
Baltimoke—To Liverpool, per steamer Caribbenn. 511
Boston—To Liverpool, per steamers Massachusetts, 144... Bavarian-

brought down to Thursday, Sppt. 26.
Shipments this week

bales.

Conti¬

Receipts.
This
Week.

Total.

nent.

freights the past week have been

1,000 309,000 392,000
1,000 376,000 409,000

701,000
785,000

3,000

4,000 548,000 362,000

910,000

4,000 1,003,000

858,000
996,000

1,000

.—Havre.—% ,—Bremen.—»
Sail. Steam.
Sail.

Liverpool.—
Sail.
d.
15-64 c^mp.

Steam.

15-64 cotnp.
15-64 comp.
15-64 comp.
15-64 comp.
15-61 comp.

cp.
% cp.
% cp.
X cp.
X cp.

Steam.
d.

Since
Jan. 1.

From the

Saturday.
Slonday..
Tuesday.

—

@1^

—
—

Wed’day. —©if

Thursday

—

c.

c.

c.

11-16
11-16
11-16
11-16
11-16

—©%
—(§1%
—(&%
—<Q,X

.—Hamburg—«

Steam.

«*..

X. cp. —11-16 comp.
—

5,688

follows:

as

X
%

coo-p.
comp.
coinp.
comp.

Sail,

c.

X
%
X
X
X
X

X
X
yt
X

c.

corap.
comp.
comp.
comp.
comp.

—

—
—

—
—

comp.
comp. —
foregoing it would appear that, compared with last Friday.... ©£
there has been an increase of
bales in the week’s ship¬
Liverpool, Sept. 27—4:09 P. M.—By Cable from Liver¬
ments from Bombay to Europe, and that the total movement
pool.—Estimated sales of the day were 10,000 bales, of which
since January 1 shows a decrease in shipments of 84,000 bales,
1,000 bales were for export and speculation. Of to-day’s sales
compared with the corresponding period of 1877.
7,900 bales were American. The weekly movement is given as
Gunny Bags, Bagging, Etc.—Bagging has continued to be follows :
very active during the past week, and the market is becoming
Sales are reported of lots footing up 7,500 rolls, and
firmer.
Sept. 6. Sept. 13. Sept. 20. Sept. 27.
the prices ranged from 10£@llic. for rolls and half rolls of light
Sales of the week
bales.
38,000
46,000
52,000
40,000
and standard qualities.
At the close, there is a strong feeling Forwarded
2,000
2,000
1,000
2,000
on the part of holders, who are quoting 10|c. for If lb.,
11c. for Sales American
33,000
28,000
40,000
29,000
Of which exporters took
2 lb. and 11 £@11^0. for standard, with an upward tendency. Butts
6,000
4,000
3,000
4,000
Of which speculators took..
1,000
2,000
2,000
1,000
have also been in good, demand, and there are reported sales of
Total stock, actual
387,000
3,000 to 3,500 bales at 2 11-16@2 13-I6c. The close is rather Total stock, estimated
519,000
435,000 452,000 429,000
Of which American, actual.
229,000
quiet, but prices are firm at the above quotations, the higher fig¬
Of
American, estim’d.
392,000
363,000
326,000
303,000
ure
being time price for good bagging butts. We note arrival Totalwhich
import of the week
20,000
20,000
11,000
18,000
here of D. J. Tenney with 7,249 bales, the bulk being in first
Of which American
4,000
6,000
5,000
5,000
hands, and the Reporter, at Boston, with 5,988 bales, all of which Actual export
6,000
5,000
4,000
4,000
afloat
141,000
150,000
134,000
130,000
goes to manufacturers.
The Calcutta market is reported strong Amount
Of which American
—

year,

.

and

...

10,000

higher.

The Exports

of

Cotton from New York this week show

&

decrease, as compared with last week, the total reaching 3,253
bales, against 5,636 bales last week. Below we give our usu*l
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total export?
and direction since Sept. 1, 1378, A.nd in the last column the total
for the

same

period of the previous year:

Bicports of Cotton (bales) from New Yorktlnce Sest.l, 1878

Total

BXFOBTED TO

Sept.

Sept.

Sept.

11.

18.

25.

4.

Liverpool...
Other British Porte

1,616

Total to Gt« Britain

1,616

3,245

....

5,442

to

perioo
prev’m

date.

year.

13,456

3,153

....

—

Spot.

....

....

Saturd’y. Monday. Tuesday. Wedn’sdy Thursd’y Friday.
6716
6»i6

...®
'2>

6716
69ig

Havre
Other French ports

194

93
...

Total French

are

on

the basis of

otherwise stated.

93

...

....

194

....

105

Hamburg

•

Other ports

•

■

....

Total to N. Europe.

....

•pain,OportoAGibraltarAc

•

All others

•

•

•

•• •

•

•

•

•

•

•

•

•

•

....

....

•

•

•

Sept
Oct

Sept.-Oct

8.576

d.

6»i6'S>1132
6^32
6832
G3i6

10,161

•

•

•

160

....

.

222

105

•

105

....

3,900

4,060

•

....

following

....

.

..

....

....

1.709

3.25S

5.636

3,245

....

....

13 848

14,143

are

BOSTON.

NEW YORK.

week.
Hew Orleans..
Texas
Savannah
Mobile..
Florida
B’th Carolina
JSPth Carolina.

526

10,460
9,062
#

#

Foreign
Total this year
Total last year.




1

3,582
S2.928
21,762

Since

468

14,H 6
3,269

6%
6*2

Delivery.
d.
6*8
Mar.-Apr
Oet.-Nov
6732®3i«

6*8
6*8

Shipments.

(P32
6^30

Oct.,

n. crop,

sail, 6%

Delivery.
6516
GH
6316

Oct.-Nov

Nov.-Dee
Feb.-Mar
Oct.-Nov

6*8

Nov.-Dee

6332

Delivery.
May-June
Shipment.

6*16

6%

Deo.-Jan.,n.cp.,sl,6332

Tuesday.

Delivery.

Delivery.
Sept
Sept -Oct

6932
6^32
6332
6iie
6i32
6&32
6I32

Nov.-Dee
Jan.-Feb
Feb.-Mar
0<*t.-Nov..
Jan.-Feb
Oct

6*4

6*4

Shipments.

6^

Nov.-Dee
Jan.-Feb
Feb.-Mar

Jan.-Feb.,

Wiq

Oct.-Nov
Dec.-Jan

6I1®

Sept.-Oct., n. crop,

6516
G316
6^32

Sept

sail

6%

Oct.-Nov.,

6332
n. crop.,

sail

n. crop,

sail

n. crop,

sail

Nov.-Dee.,

Shipment.
Dec.-Jan.,

n. crop,

sail

6ii«

6^16

Wednesday.

Delivery.

Shipments.
Nov.-Dee.,n.ep.,si,

Delivery.

Sept.-Oct

6^2

Sept

6^2

Oct.-Nov
Dec.-Jan

6032
6*10

G^

Feb.-Mar

6I10

Oct.-Nov
Nov.-Dee...
Feb.-Mar

G^e
6^2

j Dec.-Jan.,n.cp.,si,6*15
Oct.-Nov., n. crop,
sail

61 is

PHILADBLP’lA

BALTIMORE.

This Since
week. Sept.l.

This Since
week. Sept.l

Delivery.
Sept
Sept.-Oct

Delivery.

Delivery.
6516
Gx4

Jan.-Feb
Feb.-Mar

6^32

Oct.-Nov
Nov.-Dee
Dec.-Jan

G332
G1]^

6ij®
6iia

Friday.

1,771

3*,703

1,752

....

...

414

...

•

•

•

•

•

•

....

•

....

3,441

4,443

5,544

....

....

....

....

.

....

817

1,353

35
333

63
723

3,565

4,6=21
44
467
447

1,442

£06
245

32,308

72,214

3,3:6

8,374

2,223

4,287

5,623

7,683

9,637

28,387

1,850

3.976

161

7’3

971

1,678

•

•

•

•

....

402

3,454
803
7

....

,

....

....

476
....

.

.

846
...

Delivery.
Sept
Oct

....

123

North’rn Port?

Tennessee, Ac

This

Sept. 1. week. Septl.

6,475
1.235

Virginia

Since

63g ...®
6*2 ...@

Thursday.

prom

This

d.

Delivery,

....

the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the past week, and since Sept. 1, ’78:
rbce’ts

Sept
Sept.-Oct

Sept.-Oct

Spain, See......

...®

Monday.

...

222

....

630
6*2

Uplands, Low Middling clause, unless

Nov.-Dee.
Dec.-Jan
Jan.-Feb
Feb.-Mar

1,585

287

•

105

....

....

•

•

....

....

....

Grand Total

The

•

•

638 ...®
6*2 ...@

Saturday.

Delivery.

Oct.-Nov

287
....

....

....

Bremen and Hanover

Total

13,456

3,153

...rd>

Futures.
These sales

Delivery.
5,442

3 245

24,000

table will show the daily closing prices of cotton for the

Mid. Upl’ds -.-'S)
Mid. Orl’us.

Same

WEEK ENDING

Sept.

The following
week:

16,000

10,000

....

•

V V

•

•

•

Sept.-Oct
Oct.-Nov
Nov.-Deo

Delivery.

6%
65i6
G516@932

Feb.-Mar

6?32®316

Oct.-Nov
Feb.-Mar

6*8

Sept
Sept.-Oct

•

...

B R E A D S

I

Delivery.

I June-July
6532
6i332 j May-June
6^33
G»16 I
Shipment.

6I10

6^32 I Oct.-Nov.,n.cp.s’l, 6*8
6332 |

T'tJ F F S.
Friday, P. M., Sept. 27,

1878.

quite active for export, at prices
ranging from $4 to $5 for common to good extras, and the
The flour market has been

338

THE

extreme low

grades

grades Lave been

CHRONICLE

and

firm; but-the better
depressed under freer offerings, met by only a
demand. The production of flour has
materially
fcarce

RAIL SHIPMENTS OF FLOUR
AND

were

moderate

increased, and some decline
may,be expected, for they

in No.

2s, supers, and

meal in

GRAIN

AND RIVER

Week

Sept
Sept.
Sept.
Sept.

common extras

Wheat,
bush.

89,820
103,205

bush

387,023
194,631
617,095

243,143
296,912

are

good demand.

721,639

303,654

499,759

bbls.

21, 1678
22, 1677
23, 1876

87.865
69,752

25, 1873...

FROM WESTERN LAKE

PORTS.

Flour,

ending—

relatively high. Rye flour and
Tc-day, the market was steadier on
the medium and better
grades; low grades irregular.
The wheat market has been
moderately activ ■, but UDder dull
foreign advices prices have given way. The most
corn

LVol. XXVII,

Corn,

Oats,

Barley,

bush.
215. S83

bush.

96.137

467,567
404,314
499,130

107,371
62,083
112,642

Rye.

bush.
21,921

15,641.
15.200

13,757

RECEIPTS OF FLOUR AND GRAIN AT
SEABOARD PORTS FOR THE
WEEK ENDED SEPT.
21, 1878, AND FROM DEC. 31 TO SEPT. 21.

Flour,

Wheat,
Corn,
Oats,
At—
Barley,
Rye.
conspicuous
bbls.
bu*h.
bush.
bush.
bush.
decline was in new No. 3 spring, from 96c.
New York.
bush.
91,949 2,339,2 t>
early in the week to Boston
492,440
479,520
36.850
146,880
50,154
90c. yesterday; new No. 2
124,750
136,946
95,975
12,100
spring declined to $1 02 on the spor, Portland
2,800
8,500
3,000
Montreal
and $1 00£ for October; No. 2 red winter to
18,551
229,432
82,486
93.148
52
$1 0G£@$ 1 07, spot Philadelphia.
19,500
18,210
428,500
438,300
56,000
and October, and $1 07f for
15,000
7,300
22,351
November; No. 2 amber to $1 05£, Baltimore
735,800
91,600
14,600
New Orleans
1,400
7,618
57,897
31,749
spot and October; and No. 1 white to $1 11, spot, and
8,960
8,21d
$1 11£
Total
November. These reductions called out an active
213,673 3,915,665- 1,282.021
750.603
64,002
demand, and Previous week
183/349
228,554 5,125,966 2,218,254
the close was strong in view of
731,992
9,760
143,054
Corresp’ng
week/77.
falling ofi in receipts at Western
215,747 1,757,813 1,990,701
565,925
66.457
134,869
Total Dec. 31 toSp.21.6 336,289
markets for the past three weeks. It is said
71,469,394 82,237,753 17,081,809 2,557,277 3,444,304
that growers of Same time
1877
5.012,0i9 16,746,350 64,752,699 13,333,002
2,282,697
spring “wheat will not sell at current value-*. To day,
Same
1876
6,680,326 30,702,367 65,391,2y5 17,911,900 2,919,025 1,538,613
prices Same time
587,385
time
1375
6,520,217 36,652,674 39,680,534 12,922,822
recovered about ^c. on winter
growths, with a good business in
878,000 2*5,241
EXPORTS FROM UNITED STATES
SEABOARD PORTS AND FROM
No. 2 red winter, $1 07£@$1 07£,
spot and October, and $1 03£
MONTREAL FOR WEEK ENDED SEPT.
for November; No. 1 white $1 1H.
21, 1873.
Flour, Wheat,
Corn,
Oats,
Rye,
From
Indian corn has ruled dull and
Peas,
bb:s.
bush.
bush.
prices have steadily declined, New York
bush.
bu-h.
oush.
51,302 2,376,226
635,959
94,222
177,991
although shippers have been favored by low rates of ocean Boston
1,715
10,6*28
161,574
150,837
Portland
freights, until yesterday No. 2 mixed sold at 49£@49fc.
spot and Montreal.
4,697
271,902
45,293
11,419
9,800.
October, and 50£c. for November. The receipts at Western mar¬ Philadelphia
7,484
566,586
257,692
1,335
•

•

•

•

...

.......

....

..

..

—

...”

kets fall somewhat below last year,
but it is generally believed
that supplies will be
ample. To-day, the market closed steadier.

Baltimore

8,01 i

To‘al for week..

Previous week

999,050

69,735

298

132

8’,122 4/175,383 1,359.570
10,992 4,175,212

107,277

178.123

11,515

102,147
82.917
32,147
Rye has been only moderately active, and prices exhibited Same time in 1877... 70,863 1,8(8,782 1.768.714
1,231,846
43,745
1*7,699
1,042*
The
weakness. To-day, No. 2 Western sold at 59c.
exports from New Orleans were 27,000 bush, corn;
63,034 bush, wheat,
ar.d 700 bush, rye; from Richmond
about 3,000 bbls. flour.
Barley and barley malt have brought extreme but somewhat
The Visible Supply of
Grain, comprising the stocks in
irregular values, and the market is not well settled. It is
thought granary at the principal points of accumulation at lake and
seaboard ports, and in transit
high prices will check consumption.
by lake, canal and rail, Sept. 21V
1878, was as follows :
Oats declined sharply, but at 29c. for No. 2 mixed
some specu¬
lation was developed, which steadied the
Wheat,
Corn,
Oat?,
Barley,
market.
To day, the
In Store at—
Bye,
bush.
bus1’.
bu-h.
bush.
close was quiet, with No. 2 graded
bush.
New
York
quoted at 29c. for mixed and
1,422,652
1,472,965
962,809
204,100
51,485
Albany
29^c. for white. There was at the close a report that
51,000
28,000
62/00
47,500
110,000 Buffalo
89,GOObushels had been taken for
830,399
1,235,300
474.645
73,079
export; said to be No. 2 Chicago at Chicago
19,313
722 099
1,578,192
3/85.481
72.913 247,86030|@33c. for new and old.
Milwaukee
564,8*7
12,661
86,758
749,762
Duluth
37,656
The following are the closing quotations:
196,851
Toledo*
Flour.

No. 2

Grain.

$ bbl. $2 75® 3 50

.

Whefit-No.3spring.bush.

Superfine State & West¬
ern

No. 2 spring
No. 1 spring
®
Red-and Amber Winter
95® i 08
Red Winter No* 2.-.
1 07@1 07#
White
l 05® 1 14
Corn—West’n mixed
47®
50
do steamer grade.
49#®
do
white
52®
do
yellow

3 607ft 4 00

Extra State, &e
Western Soring

4

extras...".'

4 CO® 4 25
4 40a) 6 25

do XX and XXX

do winter
tras

shipping

.

ex¬

do
XX and XXX..
do Minnesota patents..

City shipping

05® 4 20

Wheat

extras

Southern bakers' and fa¬

mily brands.

Southern shipp’g extras.
Rye flour, superfine

Corn meal—Western,&c.
Corn meal—Br’wine. &c.

The movement in

follows:

$0 00® 0 91
1 02® 1 03

4 10® 4 40
4 50® 6 25

50®
£6®

6 00® 8 (0 j Rye—Western.
4 10® 5 0 >
State

60 oft

Oats—Mixed
4 75® 6 50
4 3)® 4 i.O
2 9)® 3 30
2 25® 2 65
2

90® 2 95

25®
25®

White

Barley—Canada West
State, 4 lowed
State, 2 rowed
Peas-Canada bond&free

1 15® 1 40
1 11® 1 25

®

breadstuff* at this market has

....

77®

92

been

as

'

r—RECEIPTS AT NEW YORK.—\
,

1878.
For the
Since
week. Jan. 1.

»

Same
time
1877.

EXP -RTS PROM NEW

.873.
For the
Since
week.
Jan. 1.

,

YORK.-

—

1677.
For the
Since
week.
Jan. 1.
37,117
904,667

>

Flour, bbls.
98,954 3,011,3*6 2,099,941
49,843 1,782,505
C.meal, “
3,850
148,144
172,822
5,523
158,993
165,140
Wheat,bus.2,522.7C0 43,179,292 7,631,232 1,869,691 38,345,729 6742,937
091 8,115,842
Corn.
“
451,550 27,942,292 25,560,243
772,475 21,752,9.7 664,391 18,564,840
Rye,
“
176 830 2,792,982 1,10 313
221,275 3,189,4J8
69,841 1,390,407
Barley, “ *: 23,063 *3,120,249 *2,549,024
245 1,510,443
31,049
802,633
Oats.
“
519,427 10,569,49 1 7,556,006
56,005 2,706,393
1,143
120,045
*

Including malt.

RECEIPTS AT LAKE AND RIVER
SEPT.

21, 1873,

FROM

PORTS FOR THE WEEK
ENDING
DECEMBER 31 TO SEPT. 21,

Detroit
Oswego*
St. Louis
Boston
Toronto
Montreal (15th)

165,000

200,009
25-1,832
402,79 J

139^599

40)

101,682

6,148

16,985

77,683
25,177

*960

1,23 J

13,496
117,527

6,326

174,341
3L004

•

94,0o8

206,880
157,874
101,501

152.794

Peoria

1.575

Indi nupolis
Kansas City
Baltimore
Rc.il shipments, week
Lake shipments, week
On canal.

104,824
133,562
467,428
887,0’3
1,6.14,261
2,537,000

Total

12,589,331

Sept. 11. 1873

11,703.439
12,801.249
10,997.101

7. 1873

Aug. 31, 1878
Aug. 24, 1878
Aug. 17, 1878
Aug 10, 1878
Aug. 3, 1878.

9,749,4)8
7,740,736
6,517,053
6,092,091

Sepr. 22, 1877
*

504*,656

705,540

Philadelphia

Sept.

821,000
554,026

7,502,163

89,86?

76,417
117,647
243,149
1,727,1(0
1.363,000

137.0C0

4,054
150 000

80,735

8,119

22?*950
131,871
1,340
313,897
443,000

1,812,354

13*,656

94,34$
821.

32,370

4,211

245*888

11,233,212 4.115,278
10.601,568 4,318,273
11.36’,411 3,913,8)8
11.816,373 3,557,321
11,035,671 3,018,079
9,299,459 2,444,904

8,301,835

4,m

14,656

96,137
71,365

215,000

21*,92i
129,106
205,000

1,831.9531,073,074
2,261,901 1,026,128.
1.555,811 977,0561.371,24? 895,3221,205,504 695,441
1,105,708 534,821

1,670,557

6,590,602

1,357,605

10,853,172

1,027.991

3,363,963

993,851

407,415
366,550*
597,695

Estimated.

THE DRY GODDS T1ADE.
The
the

week

than

package buyers

was

and

Friday, P. M., Sept. 27, 1878.
less animation during

dry goods market has exhibited

past

transactions

with

for

some

mostly of
the

time
a

past. The demand by*
hand-to-mouth character*

commission

houses

were

conse¬

quently light in the aggregate, though by no means unsatisfactory
for the time of year.
Flour,
The jobbing trade was irregular and,
Wheat,
Corn,
Oats, Barley,
Rye,
bbls.
bush.
bush.
bush.
bush.
bu?h.
on the whole, less active than when
last reported upon,
AT(196 lbs.) (60 lbs.) (56 lbO (32 lbs.) (48 lbs.) (56 lbs.)
owing
Chicago
a measure to the
in
36,9)9
979,074 1,164,300
427,925
319,488
prevalence
of
90,566
mild
unseasonably
Milwaukee
weather,
37,277
362,348
16,220
49,600
165,922
16,290 which has checked the
Toledo
815
456,397
187,741
consumptive
demand
for fall and winter
40,340
541
2,974
Detroit.
6,o22
82 8
246,921
6,912
1,6.5
390
goods in many parts of the interior. Values of domestic goods
Cleveland
3,168
22,070
61,653
40,000
6,300
2,0i0
St. Louis
38.7)3
54 535
469,194
56,902
45,2)9
19,168 continued unchanged, and woolens were fairly steady, while
Peoria
1,635
10,175
215,925
121,675
10,50J
49,025 some descriptions of
Duluth
4,500
foreign fabrics, such as cashmeres, &c., were
100,630
subjected
to
a
slight
advance.
Total
129/39 2,646,809 1,701,199
743,354 579,626
180,413
Previous week
Domestic
111,988 2,915,871 1,989,272
Cotton
Goods.—The exports of cotton goods from
763,680
506,503
ISO, 934
Corresp’ng week,’77. 127,108 2,997,851 1,959,258 1,071,129 504,951 122,291
this port to foreign markets
Coiresp’ng week/76. 104,639 1,703,252 1,659,116
during the week ending September
£88,772 310,059
93,892
Total Dec. 31toSp.21
3,992,758 57,732,333 74,619,639 23,397,442 5,032,249 3,650,834 24 were 1,635 packages, of which 1,067
packages were sent to
Same lime 1877
3,010,255 25,424,122 61,421,9)6 16,450.802 4,187,769 4,036,697
Great Britain, 207 to United States of
Same time 1876
3,710,248 35,335,537 59,332,193 18,231,632 3,177,138 1,530,883
Colombia, 101 to Hayti, 69
Same time 1875 ....*.3/283,003
43,140,493 37,378,931 16,907,279 2,545,742 2,092,964 to Brazil, 57 to Venezuela, 41 to British
Honduras, and the
Total Aug. 1 toSp.2i. 796.099
23,725,346 22,115,4b7 9,736,401 2,101,393 1,591,525
Same time 1877
776,413 15.132,597 18,754,311 5,804,935 1,468,585 1,696,710 remainder (in relatively small lots) to other countries.
There
Same time 1876
774,480 8,891,449 16,927,845 4,419,9 4 1,008.699
5*3,472 was only a moderate demand for cotton goods at first hands, and
Same time 1375
650,034 12,758/05 9,640,412 6,245.910
990,487
5*28,652
selections were almost wholly restricted to such
SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN
quantities as
LAKE AND
RIVER PORTS FROM DEC. 31 TO SEPT.
were actually
21.
required for the renewal of assortments. Brown*
Total Dec. 31 to Sp.21.4,064,lr9 42,772,759
63,618,706 16,017,393 2,091,498 2,721,181 and colored cottons and low-grade cotton flannels were in fair
Same time 187?
3,181,738 22,2.1,988 54,165,034 12,46:,765 2,615,546 1,845,331
Same time 1876
3,012,272 33,602,053 56,237,960 15,706,245 1,531,363 1,305,817 demand and steady in price, but bleached cottons moved
slowly,
Same time lc75
3,603,138 37,384,253 30,111,798 12,223,7^3 1,316,354 513,460 f and a
few makes have begun to accumulate,
though the general
AND FROM AUGUST

1 TO SEPT. 21.

.-




....

.

.

....

....

....

September 28,

THE CHRONICLE

1878. |

339

JBxports of Leading Articles from New York,

gupply is in good shape. Print cloths ruled quiet, and prices
The following table, compiled trom Custom House return?,
were a shade lower, viz., 3fc., cash, for 64x64s, and 3£c., cash, to
shows the exports of leading articles from the port of New York
3fc., less 1 per cent cash, for 56x60s. Prints were less active, to all the principal foreign countries since Jan. 1, 1878 the
totals for the last week, and also the totals since Jan. 1, 1878
aside from a few special makes of fancies, Turkey-reds and
and 1877.
The last two lines show total values, including the
patchwork prints, for which there was a good demand. Ging¬ value of all other articles besides those mentioned In the tab’e.
hams were in irregular request, and cotton dress goods moved
slowly.
Goods.—Men’s-wear woolens were inac¬

Domestic Woolen

<0

£

tive in the hands of both agents

and jobbers, because of the
Fancy cassimeres were in light request,
and overcoatings remained quiet; but there was a fair demand for
moderate paicele of worsted and cotton-warp worsted coatings,
cheviot suitings and cloakings. Cloths and doeskins remained
quiet, and Kentucky jeans end satinets were devoid of animation;
but there was a fair inquiry for repellents at low prices.
Flan¬
nels were in steady request and firm at unchanged quotations, but
the demand for blankets was light and unsatisfactory.
For
shawls and felt skirts there was a moderate demand, but selec¬
tions were chiefly restricted to small parcels of each.
Worsted
dress goods continued in very good request, and many ofthe most
popular styles are still sold to arrive.
Foreign Dry Goods.—There was an irregular movement in
foreign goods, and sales were only moderate in the aggregate,
but prices of the most staple fabrics were fully
maintained.
Cashmeres were in good demand, and low grades of blacks
(which are in light supply) were freely distributed at an advance
in price.
Low to medium grade dress silks were in steady
request, and velvets, plushes and millinery goods met with a
fair distribution—privately and through the auction rooms.
Linen goods and handkerchiefs moved slowly, but there was a
steady demand for Hamburg embroideries and laces. Men’s
wear woolen’s were very quiet, and shawls lacked animation.
mildness of the weather.

OQ CO

<?*

to

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0

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•O.’f®

•

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'c'<-—

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.

**

do
do
do

cotton..
pilk
....

flax

Miscellaneous dry goods.

Value.

$277,585
172,294
370,114

•

189,618

3,;8
582

294,057

105,998

929

167,127

978

186,102

313

103,568

458

117,041

555

114,549

673
751

-CO-H©*

<

•

Jj o «•
©*>ri »

•

•

•

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2,858 $1,021,613

3,271 $1,104,164

W*

•

v-l

•

to

cotton..
silk.

do

flax....

Miscellaneous dry goods.

163

30,538

1,524

$475,693

Addent’d for consampt’n 2,838

1,021.613

do

..

Total...

$218,299

584

O

.

OS

•

O* »Q
tO 1—

•

to

.c* n
> CO JO
c.
•

•

’.-'ao

*

f—

•

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.to

.

•

60,904
82,380
81,577

•205
132
795
181
.

120.731

101,502

30,799

1,897
2,271

Total thrown upon mark’t *4,882 $1,497,311

581
213
97
365
415

$549,332
1,104,164

1,671
3,794

5,168 $1,653,496

Manufactures
do
do

of wool....
cotton..

$218,414
52,317
80.684

71,734
47,162
470,311
1,320,485

^

To

silk....

do

flax

$ 59,327
44,776
162,032

74

31,985

Miscellaneous dry goods.

Total
1,105
Add ent’d for consampt’n 2,858

322
117
120
216
20

i— t-

;o

(MtOOStO

—^

o* osaoco Oi
r* © 9* ^ 9*

»h

56.783

$384,908
1,021.613

Total entered at the port. 3,963 $1,406,521

$107,4f0

338

43,212

825

$327,844

991

1,104,164

3,794

4,096 $1,432,008

.

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23,057
62,629

1294,215
1,320,485

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Receipt* or Domestic Produce.
The receipts of domestic produce since January

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4,785 $1,614,700

r

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5,465 $1,790,798

$132,962
36,414
10-,*83
41,484
8.301

•

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DUBINCI SANE PNBIOD.

189
l Jl
142
576

l-I-

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ENTERED FOB WABBHOU8IN0

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3,794 $1,320,485

$237,550
57,747

iq

501,026

8AXB PNBIOD.

506
218
113
501

co r- o *• »o
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to *•

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194,415

W tT HUBAWN FBOM WAREHOUSE AND THHOWN INTO TUB XABKBT DUBIN 6 TBB

Manufactures of wool

ri v-l

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•1878—
Pkes. Value
834
$324,393

704

9i rr

HCcoao^t.H
tO 04

20, 1818.

715
655
514

CO

tDOOCOOSOOOSOilrttfSOO — ©t t-C5

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.1877

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Pkea

tO*-4

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-187H
Pkea. Value.
Manufactures of wool....
861
$323,372

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,-7

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.

*-

2

:

SKTEBBD FOB CONSUMPTION FOB THB

CO

C4

importations of dry goods at this port for the week ending
Sept. 26, 1878, and for the corresponding weeks of 1877 and 1876,
follows

oo — jot-t-co

»-•

CO

The

as

.

c- —

—

Importations of Dry tiooda.

have been

^UJ^CCN-i«S'roooi«ei5-iK3’»2®e<-«-<Cjoaw-"®OL
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follows:

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5 03 S so 5 S3 5 59

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Since
Jan. 1,’78
Ashes
pkgs.
3,091
Breadstuffs—
Flour..., ..bbis. '3.011,366
Wheat
bush. 43.170.292
Corn
Oats

5,472

27.992.292 25 560,243
“
10,580,494 7.5!6.00H
2,792,98' 1.106,313
Rye
“
3,120,249 2,519,024
Barley&malt “
Grass seed...bags
94,762
I37,2(»t
Beans
bbls.
51.957
56,42o j
Peas
bush.
471,551
200,569
Com meal..bbls.
148,144
172,822
Cotton
bales.
558,885
4L5.855
2.3*2
Hemp
“
5,887
Hides
No.
131,582
150,653
Hides
bales.
92,903
98,943
52,911
Hops
bales.
42,125
leather
sides. 3,119,226 3,161,710
Molasses
18
456
hhds.
Molasses
bbls.
114,192
68.117
Naval Stores—
Crude tnrp..bbls.
2,073
2,633
Spirits turp 4*
58,48b
61,13s
...

Bodn
Ter

....

..

“
«




302,233
15,537

Pitch
Oil cake....

bbls.

.pkgs.
bbls.
bags.

2,099,941 Oil, lard
7.634,232 Peanuts

“

...

Since
Same
Jan. l,’78 time 1877

Same
time 1877

Provisions—
Bntter

pkgs.

Cheese..'...
Cutmeats..

“
“

Eggs

“

Pork
Beef

“
“
“

Lard
Lard
Rice
Starch
Stearine

kegs.

pkgs.
*“
<%

Sugar

bbls.

Sugar
Tallow

hhds.

Tobacco.....

pkgs.

*7

Tobacco

hhds.

Whiskey

bbls.

Wool

bales.

297,792 Dressed hogs..No.

19,-88

2,366
322,357
13,177
51,724

3,016
229,400
14,519

78,208

881,6^0

915,453
2,276,563 l,fi8«,605
707,2r6
93o,73a
377.917
8aO,895
179,216
134,773
39.139

543,439
31,832
25,140
325.417
15,5-23
1,0 2t
15,568

2 ,469
296.593
30,567
25,767

261,679
14,361
713

59.701

12.626
51.924

153,1:5

155,763

122.825

84,139

144,080
6b,^464
19,807

112,365
72,158

60,225

j*

Of 09

.

.«*•©»

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03
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^

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fc. *i

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•of
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55e«
9S

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4*

4*<i

BUILDING MATERlALSJSrtr.Es—Common Hard,afloat..V M

2 CO

©

Croton

7 U0
26 00
Cemeot— Rosendaie
3* bbl.
90
LUne-Rockland common... j bbl.
6*
Rockland, finishing
90
Avnber— Pine,g’d to ex.dry V M it. 15 00
18 90
Pine, ahloplng. box
do tally boards, com.to g o,each.
22
38
Oak...
M. it.
00
38 00
7j 00
6»ruce boards A planks, each
20
Hemlock boards, each...
»4
Maple
; .y M. ft. 25 00
•

Sfxils—10©60d.erm.fen.<fe sh.%> keg

•

...

@15u 00
©

© 45 00
©2 21
© 5 23

4 25

8dflne.

Fxints—Ld., wh.Ani.pare. In oil V ft
Lead,wq., Amer., pure dry
Zinc, wh.,Amer. dry. No. 1
Zinc, wh.. Amer.,No.l,ln oil
Paris white. Eng., gold... 9 100 A.
©CJTTER—(Wholesale Prices;—
Tubs,good to choice State
V ft.
West’n creamery g’d to ch
“
Welsh, State, g’d to choice
“
Western dairy, lair to pr
“

28
16

©

*

•

4 73

& 9 00
© 28 00
©
1 CO
©
© ....
© 60 00
© 22 00
©
SO
@ 45 00
© 4> 00

4 85
2 85

©
©
©

8

7k'S

7*

5
6

6

©
©
©

1 65

9
1 70

15

a

19

20

&
@

21

©

15

15
9

CHEESE—
State factory, prime to choice... .Vft
7*1
9
Western factory, g’d to choice..
“
4
8X'
COAL—
Liverpool gag cannel
@ 8 50
Liverpool house cannel
12 00® ’3 00
Akthbacitk—The following will show prices at
last auction or tepiemuer tcuedule rates:
Peun.
D.L&W.
D.&H. P.AR. L. A W.
Auction.
Sctied.
Sched.
Sched.
NewN. Y.
Port
Sept. :5.
burir.*
Hoboken
Habor.
John.'t’n.
St’mb.. *3 55
*
8 i 60
*3 *0
3 55 @1 57* 3 60
Grate... 3 65
8 71
3 65 @3 70
3 75
3 35
Egg .... 3 75
4
07
4
4
05
21
8tove...
4 *0
Ch’nut.. 3 50
3 52*
3 60
3 60
50 cents per ton additional for delivery at New
York.
*0 OFFEK—

Rio, ord. car. 60 and 9G days .gld.y a
do fair,
gold. “
do
do good,
do
gold. “
do prime,
gold. “
do
Java, mats
gold. ••
Native Ceylon
gold.
“
Mexican
gold. “
Jamaica
gold.
“
Maracaibo
gold. “
“
Laguayra
gold
8t. Domingo
gold. “
Bavanllla
gold. “
Costa Rica
gold. ‘
COPPER—

U*©
17*®
v-Vi
Mh i
16
15
14
14

17*
18
25
18
17

<g

©
(A

11*

(A

14H3
12* <i
13
14

9 A.

Sheathing, new (overl2
Braziers’(over 16 oz.)

15
17

16*3

<3
©

....a

oz;

28
26
23

a

...

...:©
16 ®

American Ingot. Lake

IS*

COTTON—See special report.
DRUGS A D YE8—
Alum, lamp. Am
9 100 A car 2 12*3
A. gold.
Aloes, Cape
12
U*©
“
Aloes, Barbadoes
20 a
22
Arsenic,powdered
“
2*
2 ©
JBicarb. soda,Newcastle.¥ 100 ft ••
3 70 a
Blchro. potash
VA cur.
li
l-Xi
1 35 6
Pleaching powder
9 loO A.
1 45
Brimstone, 2n is A 3rds,per ton.gold.25 75 © 26 00
*A..cur.
Brimstone, Am. roll
2*4
26 ©
Camphor refined
*•
•Castor oil, E.I. In bond. *gal..gold.
90
65
Caustic soda
V 100 tt
“
4 CO
75
Chlorate potash
18 00
“
“
60
Cochineal,Honduras, silver...
**
6*
©
5! ©
Cochineal. Mexican
’*
Cream tartar, powdered
29*©
cur.
30*
15 ©
“
Cubebs, East India
25
Cutcb
gel*.
6
Gambler
00 © 4 12*
**
per 100 lbs.
93
Ginseng
-cur.
© 1 It
„

....

Clycerine, American pare

-

Jalap

Licorice paste,Calabria
Licorice paste,8lclly
Licorice paste,Spanish,solid..

“

“
“

“
.gold

Madder, Dutch
“
Madder,French, E.X.F.F
"
NatgallB.blue Aleppo..
cur.
OH vitriol (66 Brimstone)
“
JJplura, Turkey
(In bond), gold.
Prusslate potash,yellow. Am..cur.
Quicksll ver.j
gold.
Quinine
cur.
Rhubarb, Chlna.good to pr.... “
Sal soda, Newcastle.. V 100 ft, gold
Shell Lac, 2d A 1st English. 9 ft .cur.
Soda ash

IP 100 ft. gold

Sugar of lead; white, prime.IPftcur.
Vitriol, blue.common
“
riSHGr’d Bk.A Gteorge’s 'new) cod.?» qtl.
Mackerel, No. 1, M. shore
pr.bbl.
Mackerel, No. 1, Ray
Mackerel,No.2 Mass.shore
Mackerel. No. 2, Bay
FJOIT—
Raisins,8eeaiess
do
Layer8, rev

per

50lb.frail

do
Loose, u- w
do
Valencia, new
Currants
Citron
'

Applet, Southern, sliced (new) 9 ft.
do

do

rta

quart rs (new)..

State, sliced
do

*

quarters

©
©
©
©
®

18

29**
23
23
a

5

©

5*

18*®
1*©

19

S5f

59
22

-,VA

“
“

5Hi

14 on
18 CO
9 <mi
9 00

4
22
© 20
Q 11

50

00
00
00
<a 10 00

3 60
1 S5 ©
1 SO a
6*®
3)4 ®
0

3 70
2

00*'
6*
<1*
13*

6V
6*0
Nominal.

4
10
6 50
17

©

©
©
®
„

li*®
U*®
12*®

....

13
8 00
17*

UK
14

<a

4

5>4

<a

Dry— Buenos Ayres.selected.IP ftgolG
Montevideo,
do....
**
Corrientes,
do....
“
Rio Grande,
do....
“
do....
"
Orinoco,
California, •
do....
“ c-

21
21
20

Wxdt,
i0 <3>

2*

Matamoras.
do
WetSalted—Buen. Ay, selected
Para,
do....
California,
do....

“

17

&

18

“

9

©

“

7

“

9

St
@

Texas,

do....

2’.)^
2ls
2C>4

<3

i0%
9X
7>$

10
12
10

cur.

E. /.stock.—Cal. klps.slaught. gold
Calcutta kips, dead green..
*•
“
Calcutta, buffalo

11 a
9)ia
8 a

HOPS—
New Yorks, com. to med...*
do
good to prime

S>4

6

@

9

fit
@
<a

Old

5
5
1

Yearlings...^

2

8
11
3
8

&

*3*

Para, fine

ro
35

coarse

Esmeralda, pressed, strip
Guayaquil, p eased, strip
Panama strip
Carthagena, pressed
Nicaragua, *heet
Nicaragua, scrap

...

40
...

@
@
©
®
©

51
36
43
41

fit

S7
43
11

36

....@
©
....©
...

Honduras, sheet

Mexican, sheet

Pig,American, No.1
Pig,American,No.2
Pig, American, Forge
Pig, Scctcn

$ ton. 16 50

& 18 00
ta 16 0;
© is 50
@ ‘.'S 50

’,5 50

14 60

Store Pricen,
Bar, Swedes,ordinary sizes.. V ton.130 00 ©132 50
Scroll
V lb. 2 5-10®
5
Hoop, $6x.No.22tol£iMx 13&14 ’*
5 © 2 P-M

Sheet, Russia

..gold^ft

K'XO

Ralls, American

ton, cur. T4 00

Steel rails, American....,

U*

3)i©

Sheet. Bingle,double & treble, com.

4

© 35 ' 0
@ 44 00

4; uo

LEAD—

Ordinary foreign

F 100 lbs, gold 6

Domestic, common
Bar (discount. 10 p. c.)

car.

6 40

3 30

V ft

LEATHER—
Hemlock,Buen, A’res,h..m.&l.^tt.
“
California, h., m. & 1
"

common

"

aide,b.,

5
6

©
Q

VH
2\y

20

©

22
23

25
*3
25

@
©
a

27
23
26

33

©
S
at

31

& 1....

m.

Slaughter crop

V gal

Cuba, Mu8.,refln.gr*ds,50test.
do
do
grocery grades.

“
“

Barbadoes..
Demerara
Porto Rico
N. O., com. to prime

“
“
‘

....

...

Nominal.
Nominal.
32
30

“

...

45
45

Tar, Washington".
Tar, Wilmington

bbl. 2 37X 3
**

....4

Pitch, city

*.*

....©
28 ©

Spirits turpentine
4*

... .V gal.
strained to good strd.f! bbl.

low No. 1 to good No. 1
“
low No. 2 to good Ho 2
**
low pale to extra p fie,. “
window glass
“

••

••
*•

....

1 35
1 65
1 50
2 25
3 50
43

©
®

3*

©

4

4

5K

8

nnpared. h*)ve« and qra...
Blackberries
op 1878;
Fasoberrles
Cherries ary mixed (crop 1873)
Plums. 8f.*te.....

3

©

:i

%8wrUebexries

©

25
15
13

il
11

©

12

10
4*

5*0
....@

cur.

Pepper, Batavia
do
Singapore

If) lb,gold

%
&

£>*

13X@
4>s®

Pecan

OAKUM—Navy,U.S. Navy & best * ft.

12

8xa

iox

do

Cotton,seed, crude

V gal.
*•

Olive, in casks V gall
Linseed, casks and bbls

“

Menhaden, crude Sound......
Neatstoot, No. 1 to extra
Whale,bleached winner......
Whale, crude Northern

*•

Sperm, crude
Sperm, bleached winter
Lard oil. Nos. 1 and 2

“
“

“
“
“
“

31
1 15
60
29
60
51
43

<a

10
1 20
62
£0

&

90

©

52
45
90
1 0j
52

©

&

©

.©
1 02* ©
45. @

Oil. CAKR-

,

Cases

II

Refined

II

Naph’ba.City, bbls.

li

..

30 50

© 31 CO
4 81 CU
©

...

9 bbl.
Pork, extra prime
Pork, prime mess, West

Seel, p aln mess
mess

Beef na;o«, Weat» rn
Bacon, West, long clear

“
"
“
“
V ft
“

Hams, smoked
Lard. City steam

...

do

Batavia

Ginger, African
do
Calcutta....,
Mace

Nutmegs,Bataviaand Penang
Pimento, Jamaica

20
20
20

S6

39
14

"

Gin

Whiskey, Scotch

**

Irish

“

Alcohol
Whlfjlr<*v

V gall.
•*

Brandy (Cal.) deliv. in N. Y“

©

8 75
t co
3 50
S 00
? 69
3 60

© 17
3
4
Gt
3
® 4
@ 3

2 05
1 07

©
»

©
©

English,ca8t,2d&l8tquality Vftgold
English,spring,2d & istquality.. “

German

**

IP ft.
Carolina, new ..
Louisiana, tair to prime,
“
in
bond,.......
,.^R
10C
ft
Rangoon,

paid....

5*

.9
|i sack.

00

0

Clover, Western
Clover, New York State
Tlmotny
Canary, Smyrna
I'anrt’ v. Si* ily

.9
V ft.

in 0) @ 10 50
10 50 « n <*u
....© 18 0)
6
*
11
12
©
”6 70 j
....

9
3P bush.
Push.

6K3

25
28
<at 50
A

®
ijj

Canary, S^nifh
Canary, Du'ch

2 25

«6

Hemp, foreign....
Flaxseed, American, rough
Lineeed, Calcutta
:6 ft. gold.
Linseed Bombay
^ LI ft gDld.

155
1 fO
2 10

@
@
@
@
<£

...

JS
\x

iX

'K%
4s®

6va
7X*

7*

W
•

“

cut loaf

Coffee, A. standard

“

off A
do
White extra C
Fxtra C

“
“
“
“

“C”
Yellow
Molasses Bugars

9

@

iu”

V*

8% 4
£% 4
8

8X
*X
IX
7X
7

©

7*®
7* i
....©

“
“

X

ix
9*

“

Priine city.

.9 ft.

...

Hyson, Common to fair
do
Superior to fine
do
Extra fine to finest
do
Choicest

cur.9Z>

18
16
S5

Hyson,Com.to fair

do
do

16
25
85

Super.to flue

do

Ex.flneto finest
Choicest

do
do

16
SO
48

.

Ex. fine to finest
Choicest

Bap.to fine
flnetoilueet

Ex

Uncolored J apan ,Com .tot air..,,.,
do
8up’rtoflne
Ex.flnetoflnest

do

do
Superior toflne
do
Kx fine to finest
do
Choicest
Souc.A Cong.,Com. to talr
do
Sup’rto fine
Rt flneto finest
do
do
Choicest

..,

;

1

SO*’

1

52k

<o>

25

©

S3
50

<a

Nominal.

.

18
27
40
55

--

.

TIN—
Banca
Straits

82
45

©
et

Nominal.

Sun. to fine
Extraftnetoflnest
Hyson Skin. A Twan. com. to fair.
do

0

18 ©
23
21 ©
33
33 ©
45
15
14 ©
lb ©
17
Nominal.
22
17 ©
£3
26 ©
f« ©
45
23
IS ©
56 ©
P3
45
85 <a

....

do

do

22
82
40

Nominal.

Imperial,Com.to fair

do
do

©
©

Nominal.
21
©

gold.9lb

<*>

23
35
5C

©

70

©
©

...

“

English .refined

....#
“
Vbx g d. 5 SO &

Plates. 1. C., coke
Plates.char.terne.....

5 75

“

©

5 50
6 CO

’’OBACCO“

leaf,

“

“

Vft

Eng.wrapper^rt-’i?

do

fillers, Wri.

Pa. assorted lot*,

Yara, L and II ruts, assorted
Manufac’d,in“ bond, black work.....
“

4

®

5
12

If)

©

S5

6

©

8
79
65
11
14

ift

7
10

com. to fine.

bright work

WOOL—
American XX
American. Nob. 1 & 2.......

Vft

S3
21
39
£0
18

F2*

&
©
©

1 20
IS

40
33
33

©
©
©

33

'X

20

26
22

a

)5
12

xi
a

S juth

.6

©

Cape Good Hope, unwashed
Texas, fine, Eastern
fexas, medium. Eastern

2V
.'9

$

American, Combing
Extra, Palled

...

Burry
Am.Merlnc, unwashed

gold.

Smyrna.unwaBbed
1 L2*
1 8>
2 SO

7)

.©

tea

Fair
Interior...

@

@
@

7*

“

Superior, unwashed

....©

1 20
1 to

....

...

No. 1, Pulled
California, Spring Clip-

®

...

9
16
9
10

©
....©

Havana, com.to tine

ut

....

....©
....©
...©
....©
..a

“

Hard,powdered
do granulateJ

Seed leaf—New

7\®

...,®

.Ashton’sfine

10*

.

R-flned—Hard, crushed

Kentucky lugs, heavy

25
26

14

©

.

10
S

.9
V bush.

9

9*@
10*©

spring

SUGARInferlorto common reflnirg....9 ft.
F ir
“
Good refining
“
Porto Ulco. refln fair to prime "
lioxes. c aytd, Nos. 10@12
“
Ce .tiifugal, Nos. 7@13
"
Melado...
“
Manila, sup. and ex. sup
“
Batavia. Nos 1"@12
“
Brazil. Nos. 9@ll
“

"a

.

l f8**
3 59

6*0

cur.

....

6

00
00
0b
2S
00
90

Store Prices.
16
14*<0

English blister,2d&lstquality.. *•
English machinery
“
blister
cast, Tool
caRtsptlng
machinery

®

....

STEEL—

FREIGHTS—
To Livebtool:
Co«.on.......... 9 ^.
Flour
V bbi.
Heavy goods. .Vton.
Corn,b’lk& bgs. 9 bu.
Wheat, bulk A bags..
Beel
V tee.

—

STRAW.—,

8.

d.

9.

...»

2 6

25 •'

5X
5H
5 0

a.

X

@...

*3? 6
....

a.....
a....

••

gold.——

■

9 gall.
“

• •

(g,

...

Braudy, foreign brands
Rum—Jam.,4th proof
St. Croix, 3d proof,

American
American
American
American
American

5*
-X

to

...

...

Cloves
do
stems

do

li*

....@
....©
IS @
....©
....©
@
80 ©
©
...

14

U1C E—

LWfirnooi

...,®

Cassia, China Llgnea

<a>

8 65

6 00
5 25

....®

IS

PROVISIONS—

Turk’s Island
8t. Martin

97* i
Si* 1

white

Oolong, Common to tair,**.

OILS—

Patna, amy
SALT-

5
4

SPICKS—

Bunpowder, com to fair
do
Sup.to fine

SEEDS—
4
3
3
3

100 1b.gold.
common

1 4?K
2 00

50

5

Walnuts, Naples

extra

©
O

®

8PELTEU—

2 50
2 50
2 00

3 37X
4 00

10

37*

None.
4 75
5 25
4 75

uo

V lb.

Brazil .\.t
Fil ’erts, Sicily

Beef,

Tsatlees, No. 2
Tttynaam8. No. 1

Re-reeled Tsatlees, best
Re-reeled CongouD, No. 1.......

Young

NUTS—

Almonds, Jordan shelled

9

6

f ALLOW-

NAVAii STORES—

Rosin,

©

©
®

3 23

SILK—

do

20
20

rough

Oak, rough
Texas, crop
MOLA88ES—
Cuba, clayed

3 35

&
©
@

“

**

7

6 25

••

English German,2d & 1st quality “

©

...

*

Sheet

lift

100 lb.gold

"

Domestic liquors—

INDIA RUBBKU-

IROJN-

per

SPIRITS—

Eastern
Wisconsin

Para,

Crude
Nitrate soda

Foreign
Domestic,

HIDES—

6^®
©

...

^.275 00

....

7

7

3 75

....

“

Western, thin oblong (Dom.)cur "«
PETROLEUM- •'
9 gal.

Peaches, pared, Ga ,g’J to ch’ce ’73




“

Clty, thin oblong,bags, gold, V ton.

...

©193 00
@
&

gold. 2C0 00

l 50
1
23
1 70
20

43

©
©

do

Russia, clean
Dalian
Manila
Sisal.
Jute.

50

®

...

3 SO

....

45

V ton. 17C 00

©
©
47 ©
....a
50 ©
15 ©
!S ©
65 ©
©

..

Prunes, Turkish
do
French
Dates
Figs, layer
Canton Ginger.wh.& hf.pots.$» case.
gardlnes, fi half box
Bardl'ie*, 9 quarter box
Macaroni. Italian
ft
Domestic Dried—
do

17
21
26
25
<6

HEMP AND JUi’KAmerlcan dressed
Amerlcau undressed

16*
13 H
17
17

V 100 ft

45

23

m

30
24
18
20
23
so
27
27

!6

©

18

—

,

aSHKS9 ft.
Pot, tint gcrt......
BREADSTUFFS—Seespecial report.

SALTPETRE—

Refined,pure

HAYNorth River shlnn’iiff

PRICES CURKENT

Bolts

[vol. xxvn.

GUNNIES.—See report under Cotton

OENEK4L

'

CHRONICLE.

THE

MO

o

9

a.

-At

U-

*">

<*

15-51 comp
23
17 «
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