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HUNTS MERCHANTS’ MAGAZINE, $ W^je^ 11| Dkwisjnipe*, REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STTATES. VOL. 29. SATURDAY, SEPTEMBER 6, 1879. C O N T E N T 8 . THB CHRONICLE. Mr. Sherman and the United States Treasury Statement 240 Money Market 235 The Debt Statement for August, Business Revival Illustrated hy 1879 240 the Iron Interest 236 Imports and Exports for July,1879 2il The Latest Monetary and Commercial Proposed Canal Amend¬ ments to the Constitution Colored 236 English News 237 Commercial and Financial Review of August News 238 THE BANKERS’ GAZETTE. Emigration Again 243 Quotations of Stocks and Bonds.. 248 Lonev Market, U. S. Securities, Money Local Securitiss Railway Stocks, Gold Market, Foreign Exchange, N. Y. City Banks, etc 241 Miscellaneous 249 Investments, and State, City and 245 Corporation Finances 250 THE COMMERCIAL TIMES. Commercial Cotton Breadstuff s 259 260 254 I Dry Goods Epitome 254 Prices Current 258 £kc Cttvmriclc. The Commercial and Financial Chronicle is issued day morning, with the latest news up to on Satur¬ midnight of Friday. TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE: For One Year, (including postage) $10 20. For Six Months Annual subscription Six mos, do 6 10. do in London (including postage) do £2 6s. 1 7s. ao senting the unpresented called bonds. The Secretary this, and before the usual autumn demand for money set in, and while the ruling rate was 3 per cent, wisely collected the funds, which he thought sufficient, if carefully managed, to cover the wants of the Treasury. Sixteen to eighteen millions were thus secured by about the 10th of August. With our castiron Government system, which requires the locking up in vaults, away from the reach of commerce, of these Government funds, any one can see that if he had delayed this movement until the present month, or later, it could not have been done without great dis~ turbance. It was therefore a very timely precaution, just at that moment, and wholly unnecessary before then. But, say these very wise critics, why did he not con¬ tinue compelling cash payments until all were settled foresaw all rather than favor one or two banks. We do not pro¬ this query, because' Mr. Sherman has himself. Here at this centre every Subscriptions will be continued until ordered stopped by a written order, or for Remittances pose to answer done it so well London Office. The London office of the Chronicle is at No. 5 Austin Friars, Old Broad merchant and dealer in at the publication office. The Publishers cannot be responsible unless made by Drafts or Pist-Office Money Orders. NO. 741. through. It requires very little knowledge to understand what a delicate matter it was to exchange so many millions of Government securities without disturbing the money markets of the country, calling for, as it did, a combination of opposing forces, which almost every one said could not be adjusted. Of course, now that the work has been nearly completed with but one ripple in the whole course of it, and that due to artificial manipulation, all the wise ones see that it was extremely easy—any one could have done it. But our object in referring to this matter now was simply to point out the manner in which the present emergency is being passed. We have several times of late called attention to the peculiar difficulty of a final produce or stocks or anything else, knows that the order of the 13th of August was not a favor to any particular bank so much as it was a favor to each of themselves, and they will remember it as such. The accumulation up to the point mentioned was very wise, as the steady money market we have since had, notwithstanding the heavy settlements, proves; but carried beyond that, it would have been a serious check to every business interest. Nor was there any necessity for a greater accumulation, as is now shown by the very quiet and undisturbing way in which final arrange¬ ments are being perfected. We are free to confess that we have felt no little anxiety with regard to the closing movements. One has only to remember the extent of the calls, reaching within a comparatively few months 740 millions of dollars; the widely scattered location of the holders, who are to be found in almost every por¬ tion of the commercial world ; the natural dila¬ toriness of capital in changing investments where the principal is secure and can be obtained at any moment ;—one has only to remember these and many other similar considerations which will suggest them¬ selves, to excite a fear in one’s mind lest there would be a very large number of these securities not presented for conversion when the day for final settle¬ ment came and consequently a very large amount of currency suddenly locked up. The Secretary’s arrange¬ ments, as it now would appear, have provided for all this and consequently as the day approaches, the money market, instead of getting closer, relaxes and becomes settlement after such vast transactions. less sensitive. Street, where subscriptions will be taken at the prices above named. Transient advertisements Advertisement*. published at 25 cents per line for each insertion, given for five, or more, insertions, a liberal dis¬ are but wben definite orders are count is made. Special Notices line, each insertion. william b. l dana, JOHN G. Floyd, JR. f in Banking and Financial column 60 cents per WILLIAM B. DANA & OO., Publishers, 79 & 81 William Street, NEW YORK. Post Office Box 4592. cents. A neat file-cover is furnished at 50 cents; postage on the same is 18 Volumes bound for subscribers at $1 20. For a complete set of the Commercial and Financial Chronicle— July, 1865, to date—or of Hunt’s Merchants’ Magazine, 1839 at the office. MR. SHERMAN We do AND refer to to 1871, inquire THE MONEY MARKET. this subject agaiD, because the general course of Mr. Sherman needs any justification. Those who broadly criticise it, defeat their own purpose most effectually, for they only draw the closer attention to not the admirable manner in which these bond settle¬ ments have been carried must be a considerable balance to be Of course paid in cash there repre¬ It was this point that we wished to draw attention to, THE CHRONICLE. 236 for the difficulties of a vious statement. Total. Treasury Balances. Gold. Legal Tenders. September 1,1879.... August 1, 1879 $141,546,390 135,517,483 $70,597,606 $212,143,996 63,791,465 199,308,948 $6,028,907 $6,806,141 $12,835,048 Increase especially desirable customer—needing some public buildings, and applying by circulato a large number of iron mills for proposals, found that only a few cared enough about the order to make any response. As the climax of this sufficiently remarkable statement comes a paragraph that an agent for a south¬ western railroad “ recently wrote to all the rolling mills in the East, asking for bids for 5,000 tons of rails, and not one of the mills would bid ; each and all declared that they were full of orders for months ahead—some of them until February next—and they “could not consider his offer at all.” This is said to be the tenor of replies received from every rolling-mill east of Chicago. In the same connection the announcement in English journals of recent dates, to the effect that nearly 20,000 tons of iron rails,have been purchased in New South Wales for immediate delivery in the United States, is of interest. The revival of the forms of iron industries intimately connected with railroads does not necessarily prove a large revival of railroad building, because during the last six years there has been a process of wearing out railroad material without the ordinary rep^cement, and this process must end sometime. But inasmuch as the iron business is the pulse of the whole industrial system of the country, the significance of a new movement in it can hardly be overstated ; it does not revive until other things revive, and activity in it will send activity through an indefinite number of industries linked with it. The above statements are perhaps exaggerated, or they may be too broad generalization from exceptional facts ; but when they are discounted considerably they leave enough, taken with other unquestionable signs, to show that the general industrial awakening in this country has begun. All that is now needed is that currency and final settlement have been caus¬ oned ing much anxiety. According to the first of September Treasury statement, which we publish to-day, the balance on hand showed the following comparison with the pre¬ [Vol. XXIX. an iron work for “ “ “ other figures published, proves that Mr. Sherman must have paid out subsequent to August 13, up to September 1, more than he received, for he stated that he had on the bond account at the for¬ mer date about 18 millions. Since the 1st of Septem¬ ber the Sub-Treasury currency balance in New York has decreased about lj millions, but the gold balance has increased about two millions, indicating probably that the tendency of the bond settlements since the lat¬ ter date has been to slightly increase the Treasur}^ accu¬ mulations. ri his has been done, however, by means of the late imports of gold, so that the money market has not suffered, but received some relief. And the same policy is likely to continue. We think, therefore, that it may be safely assumed from these facts and knowing Mr. Sherman’s methods, that no 'Change will be necessary, on or before the 1st of October, in the Treasury balance, sufficient to disturb our money This exhibit, together with the It will be remembered also that on 'market. October 1st 4 per cents quarterly interest on 740 millions of paid. One change in the present system of the Department thas been suggested with regard to the arrivals of for¬ eign gold, which would facilitate currency movements. The proposition is that on deposit of the bullion at the assay office, the old.custom of at once giving a check for very near its value, should be revived. This prac¬ the will be “ business shall be let alone. and would be THE PROPOSED CANAL AMENDMENTS TO of service at the present juncture, but the difficulty is THE CONSTITUTION that there is no authority for it in the statute as it now There is a very important constitutional amendment stands. When we wrote last week we supposed the law pending, which passed the Legislature last May, and was unchanged. The provision of the Revised Statutes has not yet attracted much attention. It forbids the on the subject is, however, at present, as follows. sale of all but several of the minor canals, repeats the SECTION 3,545—For the purpose of enabling the mintsjuid the assayrestrictive provision about the expenditures, “ except in office in New York to make returns to depositors with as little delay as possible, it shall be the duty of the Secretary of the Treasury to keep in cases hereinafter provided,” and then proceeds to qualify such mints and assay-office, when the state of the Treasury will admit it, by saying that there shall be created a fund, under thereof, such an amount of publio money, or bullion procured for the control of the Commissioners of the Canal Fund, to be purpose, as he shall judge convenient and necessary, out of which those who bring bullion to the said mints and assay-office may be paid the made up of all funds derived (1) from sale or lease of value thereof, in coins or bars, as soon as practicable after the value has any canals, the sale of which is not forbidden; (2) from .been ascertained. Mr. Sherman has strictly followed the authority here any excess of receipts during any year, over the expenses of operation and repairs during the year next following; ♦conferred, having deposited 15 millions to the credit of the assay office for the purpose mentioned. Bullion (3) by transfer to this fund of 6400,000 now in the •dealers tells us' that they get a return, that is a check for treasury, which has been paid in, in pursuance of a cer¬ tain law of 1876, for deepening the canal. This fund is their bullion, in about four or five days after the deposit to be invested in public stocks, and used from time to •of the bullion, which would seem to be all that could be tice was undoubtedly a very proper one, time, by legislative enactment, to make up any deficiency to meet the ordinary or extraordinary expenditures of BUSINESS REVIVAL ILLUSTRATED BY THE the canals, “ or for permanent improvement of the canals.” In addition, “in case of any extraordinary IRON INTEREST ^expected. meeting of representatives of Bessemer steel necessity arising out of any unforeseen or ur.providedworks of this country in Philadelphia, on Wednesday for disaster to the canals,” the Legislature, by a vote of two-thirds of all the members elected to each branch, last, the reports presented spoke in the warmest terms of the extraordinary present prosperity and bright pros¬ may appropriate not more than half a million in any pects of that industry. Without exception, it was said, year, “ out of the general fund for canal reparation and restoration,” which sum shall be restored to that fund every mill making Bessemer steel rails has orders in from the special fund created, as soon after as may be, exeess of productive capacity up to the end of the year, and many have already taken orders for several months and in preference to any other claim upon the latter. of next year. The statement has also been published, The present canal funded debt shall hereafter be named At the * during the week, that the Government—always reck¬ a general funded debt, to be provided for and paid pre- September 6, THE CHRONICLE 1879.] and time as now, “ except that the income from the canals shall not be called upon cisely in the same manner for that purpose.” point and value of this amendment consists in its supplementing the old constitutional provision restrict¬ ing the expenditures in any year to the gross receipts during the year next preceding. The flagrant jobbery once practiced justified a constitutional limitation of ex¬ penditures, and yet it is obvious that this one as it stands may prove damaging, if not ruinous; it is possible that the gross receipts, from one or many causes, may fall very low in some year, also that some occasion for unusual expenditure may follow. The result may possibly be that during the three years necessary for procuring a removal of this obstacle, constitutionally, the canal may become useless and unused. Besides, a greater freedom to conform tolls to circumstances is really necessary. For example, it was found that flour had almost ceased being shipped by the canal ; rather than suffer its diver¬ sion altogether, the case was met by reduction of charges. A like exigency may arise respecting other articles, and in order to deal with it and to administer canal affairs properly, those in charge should have reas¬ onable discretionary powers, under State ownership and in obedience to the theory thereof—which can never, under any conceivable circumstances, be assimi¬ lated to the monopoly condition—to manage with a promptness and freedom resembling the management of private affairs. For these reasons the proposed amendment providing a special emergency fund is of great importance. The first source, the sale or other disposal of a few of the least valuable canals, is not expected to make any con¬ siderable contribution, as the canals to be sold will not probably more than pay the expenses of the sales. The second provision is, however, very desirable, providing as it does that if the expenditure of any year fall below the receipts of the previous one, the difference goes to the fund, thus making the year of plenty pay for the year of famine, and this may be a material contribution Of course the $400,000 now on hand which may be trans¬ ferred to it, and the legislative power granted for the adding of $500,000 in any year when needed, are further guarantees that the canals will never be closed for want of money to keep them in repair. The entire fund, it should be noted, can be touched only by legislative en¬ actment, and the last item must have a two-thirds vote. Taxpayers should also be made aware that the paragraph respecting the debt really proposes no further conces¬ sion to the canals. The constitution now requires the canals to take care of themselves, to pay $450,000 a year to the sinking fund against the principal of the canal debt, and $200,000 towards general State expenses. The fact is, however, the State has to take care of the debt and also help the canals. Inasmuch, therefore, as this provision has already been abrogated in practice, and it is notoriously impossible that the canals can con¬ tribute anything to the payment of the debt, which ma¬ tures in 1883-93, the proposed amendment simply would conform to the facts and expunge a dead obligation.. Now, while all this will by no means make the canals free, nor will it particularly enlarge the independent The powers of enable the the Superintendent of Public Works, it will legislature to save the canals in case of need. The iron-bound restrictiveness of the constitutional pro¬ vision—which is not to be expunged, but only qualified and supplemented—is to be removed. This done, im¬ provements, some of which we have already discussed, will have a chance. Two bills relating to this subject 237 passed in June. One is amendatory of a law of 1877, and directs the sale, as soon as may be after this year, of the Crooked Lake, the Chemung, the Genesee Valley canals, and part of the Chenango; but if responsi¬ ble parties wish the whole or a part of any of these as road-bed for a railroad, such disposition is authorized under specified guaranties. The other act authorizes certain parties to lay five miles of track on any canal bottom, for testing a particular system of towing. We find in a recent issue of the Scientific American a description of the Belgian system of towing by sub¬ merged cables, by which a drum on the towing vessel has the cable carried about it, and being rotated, of course hauls the boat-train along. The system is not new, but its details have been improved, and it is stated that the company using it, which has for several years past been successfully towing boats between Buffalo and Lockport, has received from the State a 50-vears exclu¬ sive grant of laying cables during the whole length of the Erie Canal, and that the cables will be laid as far east as Rochester this season ; 10 boats have been built,, 15 more are to be finished before next spring, and 80 in all are intended. This system has at least the obvious advantages that the canal is not altered in any manner,, that it is not subjected to any injury, and that other modes of moving boats are not affected. If all this is true, the privilege is one the State can afford to grants Does it not seem, then, that a new era of increasing use¬ fulness may be awaiting the canals ? The pending amend¬ ment goes far short of making a free canal—which is equivalent to binding the State to a tax for maintenance —for it does not in terms commit the people to a dollar of additional tax. It is really a compromise plan, de¬ signed to aid the canals, without attempting a probably unpopular measure ; and its ratification in due course is, were we suppose, not doubtful. COLORED EMIGRATION AGAIN. Washington dispatches revive this subject by saying that the executive officer of an aid society in that city is in constant receipt of letters from colored people from various parts of the South, asking information about Kansas, the opportunity for employment there, trans¬ portation thither, etc. These letters all tell the old story of outrage and insecurity, and it is claimed that there is a very enthusiastic feeling, or, at least, one of general uneasiness, among the blacks. In several States emigration societies have formed committees for corres¬ pondence with the Washington society “with the view of obtaining information and assistance in the contem¬ plated grand exodus in the Fall,” and the dispatches represent the officer above named as saying that this exodus is certainly preparing, and all the movement hitherto will be dwarfed by comparison with it. Against this sketch of the probability we must first oppose the caution that it is, unfortunately, impossible to determine beforehand how much what is indefinitely yet intelligibly to do with the “ political considerations” have coloring of such statements. Of course, known as matter of no consequence what causes it, as concerns the fact itself ; if the movement does take place, it is a parties that may influence the movement are also quite likely to exaggerate its dimen¬ sions in advance. This is an unpleasant but necessary suggestion to make, and it is one so readily compre¬ hended that we may be excused from dwelling upon it. Nor need the exaggeration be all deliberate. There are many persons in the Northern States, to whose minds the idea of pacification in the South means nothing else but the motives and the 238 THE CHRONICLE practical re-enslavement of the blacks ; quiet they consider terrorism, and they treat sporadic violence as though regular and unprecedented ; their imaginations are captivated with the picture of the negro colonized upon the old-time free soil of Kansas, and they cannot be made to contemplate his staying where he is. Such persons, whose zeal is more remarkable than their judg¬ ment, naturally run in advance of the facts, and accept and proclaim possibilities as virtual certainties. All statements on this subject which come through such sources must therefore be accepted with caution. As to the gravity of the subject, and the probabilities about it, we have seen no reason to modify the views expressed in these columns some three months ago. The movement has not already been large enough to have any effect on the labor market. What it might grow to be hereafter, and the disturbing influence which the apprehension of it and the unsettling of the negroes’ feelings might exert, is a much more serious matter. It is now admitted by the New Orleans Price Current that apprehension about the future has already caused some diminution of supplies ordered by cotton planters in the menaced regions. But there is fortunately evidence that these fears may not be well-founded. Faith is not able to alter the facts of life, and an exodus with prosperous re¬ sults is no more possible for one race than another, except upon the strict conditions which govern success— an adaptation of means to ends. That the negro has suffered long under slavery does not make life as a freedman a whit easier for him ; on the contrary, it makes that harder, because he has its effects to throw off. The Price Current mentions that a large deputation of “ respectable and intelligent negroes, with means to pay their way for a round trip,” arrived in St. Louis some time ago, on the route to Kansas, for the purpose of investigating the condition of the emigrants already in that State, and reporting to those at home. This is an encouraging fact, because the step is a sensible one to take. If the negroes are intelligent they may be trusted to get at the facts, and future movements will therefore be subjected to the influence of the facts ; besides, if the headlong spirit of emigration had not cooled somewhat already, there would hardly be any deputations sent. Even the Washington dispatches which prophesy a movement that will belittle the past one, confirm this view in the very statement that great number of letters of inquiry about Kansas come from the negroes. There was no inquiry last season ; it was all taking everything for granted and starting. Per¬ sons, black or white, who write letters of inquiry, cer¬ tainly will not move before they get some sort of infor¬ mation, and they will be affected by it. It may be un¬ trustworthy, but the asking it proves that the headlong character of the exodus has considerably changed. What will the information probably be ? What comes from Washington and from volunteer “ aid ” sources, it is unfortunately true, will very possibly be colored by the rooted notions respecting the negro and the South, above referred to ; what comes from Kansas will naturally be trustworthy. The Price Current informs us that a Mis¬ sissippi member of the delegation already mentioned as having gone on to Kansas, recently has stated his con¬ clusions. They are that Kansas is “no place for negroes who have not money enough to take up land and provide a living for themselves until they can raise a crop.” He reports that many who have gone are “ hanging about the cities and towns in a bad condition that a large number would gladly return South if they had the than [VOL. XXIX. could get transportation ; and that, in his opinion, the knowledge of these facts will stop the exodus. There is no reason for questioning the correct¬ ness of this report ; on the contrary, it is sustained by all the probabilities, and that it is unpleasant does not impeach its reality. To say that these statements repre¬ sents the facts, is only to say that there are no different laws of industry and labor for the black man than for the white. Undoubtedly, Kansas is a good field for negroes, just as it is for whites, if they have a moderate capital and the ability to work their way, but it is no paradise for mendicancy and helplessness, nor will it yield subsistence without well-directed industry. Every condition required of the negro, in the South, in order to obtain a living, is required of him in Kansas, and everywhere else. And yet this is not all the case. In leaving the South, he abandons advantages means he or can take neither with him nor find else¬ where, namely, a soil and climate to which he is especially accustomed and adapted, and a demaud for his labor that exists nowhere else. This is the fact, Nature made it so; we need not use time in explaining or arguing, or belittling it; the wisest course is to admit it. If the negro cannot live safely and happily in the Southern States of the North American Continent—a do not admit for an instant—there any place for him in the world. Of course, some other countries have a similar climate, but to remove him to any of them—to Liberia, for example —would be to put him back a century or two. Why should he not, both on philanthropic and commercial grounds, be freed from the interferences of well-meant friendship and be left to work out his own problem of life, as other races work out theirs? This is precisely what he must do, however painfully he does it. proposition which does not seem to we us —Mr. Logan C. Murray has been elected President of the Kentucky National Bank of Louisville, Ky., in place of Judge Ballard, whose death was announced a few weeks ago. Mr. Murray is a large stockholder in the bank. He has been its cashier—and virtually its chief manager—for a number of years, as Judge Ballard’s extensive legal engagements left little of his time available for the duties of the bank, except in consultation and advice, for which his aptitude was inestimable. Mr. Mur¬ ray is a member of the Executive Council of the American Bankers’ Association, and was very active on the Committee of Arrangements at the late convention of the association at Saratoga. ———————— FINANCIAL REVIEW OF AUGUST. The month of August witnessed a generally improving mer¬ good reports of Fall trade from nearly every department. The iron trade reports were particularly encour¬ aging, and from all parts of the country the intelligence was received of increasing business and firmer prices. The crop cantile business and the whole, decidedly favorable, although the highest estimate made of the yield of wheat in Minnesota and some other parts of the Northwest have been modified since the harvest took place. The crop reports from England and the Continent are so unfavorable as to give assurance of an unusu¬ reports are, upon ally heavy demand for breadstuffs from this country. The import of specie from Europe to the United States commenced large scale about the middle of August, and during the month about $6,000,000 in gold was received at New York. on a Large additional shipments are in transitu, and the total amount likely to be sent during the present and next two months is believed to be large. Notwithstanding the generally favorable outlook, business at the Stock Exchange met with a considerable check, in conse¬ quence of the irregularities and stringency in the money market. 4 5 6 7 8 31 4 September 6, THE CHRONICLE 1879.] 5 1 7 8 The total transactions at the Stock Exchange, compared with | [closing prices of consols and d. s. securities at London in august. previous months, were as follows: June. May. U.s. Governm’t bonds State bonds Railroad bonds Bank stocks...shares Railroad, &c., $11,533,250 1,468,000 43,140,355 1,272 July. 2,517,500 31,256,790 1,325,000 1,202 3,215,995 | New York City Banks— 97% 105% 97lii6 10534 97ii16 1055s 97916 105% 9 10 11 12 6 ®6% Prime paper 3%®4% 5%®7 100 Gold 104 100% Silver in London, per oz 51% 52% 54% Prime sterling bills, 60 days.. 4 80%-4 81% •4 83 -4 83% 4 82%-4 83% United States Bonds— 104% 111 6s, 1881, coupon 108% 122 123 6s, currency, 1898 119% 102% 106% 108% 5s, 1881, coupon 4%8,1891, coupon 104% 103% 106% 4s of 1907, coupon 101% 103 100% Railroad Stocks— New York Central & Hud. Riv. 118% 111% 101% Erie (N. Y. L. E. & W.) 23% 14% 12% Lake Shore & Mich. Southern. 88% 64 65% 56 34 79% 68% Michigan Central Chicago Rock Island & Pacific 138% 117% 86 80 75% 65 55 34% 27% 52% 50% 33 Illinois Central Chicago & Northwestern, Chicago Milw. & St. Paul, com. com. Delaware Lack. & Western Central of New Jersey Merchandise— ... 11 41 @50 18 00 28® 1 33 52® 57 00@13 10 BANK MOVEMENTS AND THE MONEY MARKET. The city bank statements show remarkable fluctuations and a surplus reserve to only $1,408,550 on August 16. The legal tenders still further decreased after that date, but there was so large a decline in deposits a3 to leave an increase in the surplus reserve. The money market advanced sharply about the middle of the month, mainly in consequ ence of the Treasury operations in calling for large payments from the banks which were yet indebted for subscriptions to the 4 per cent bonds. The rates for money on call advanced from 1/6 @3 per cent at the opening to sharp 7 per cent, with frequently the addition of 1-32 to 1-16 per day as a commission. reduction of their Aug. 2. Aug. 9. Aug. 16. Aug. 23. Aug 30. Loans and disc’ts. $267,280,100 $272,636,000 $274,311,000 $263,570,100 $258,160,300 Specie 19,652,400 19.624.100 19,553,200 19,631.100 19,684,700 Circulation 20,594,800 20.682.100 20,719,500 20,827,500 20,942,500 Net deposits 254,770,700 253,230,200 248,474,600 235,953,900 228,817,400 Legal tenders 57,655,100 50,435,500 43,974,000 41,838,000 41,279,300 Surplus reserve.. 13,614,825 6,752,050 1,408,550 2,481,225 3,759,650 Range of call lo'ns 3@7* 1%<§>3 1%@6 4@7 5@7+ Rate of prime pap. 3 @4% 4 @5% 5@6 5@6 6@7 * And 1-16 per diem. + And 1-38 commission. INVESTMENT SECURITIES. There much smaller business in Government and rail¬ road bonds than in the previous month, and prices were generally lower. was The a 4 per cents declined to 100%, but afterward rallied, and closed at 101% new CLOSING PRICES OF GOVERNMENT SECURITIES IN AUGUST, 68 68, 58, 412s, 48, 1881, 1881 1801, 1907, Cur., S3 coup coup coup coup. 1898. 1 104% x.. 106*4 2.. 102 102% .. 3-. 8. 11.. 12.. 13.. 14.. 15.. 16.. 1025b 1025s 10:34 10134 S. 10412 1023s 101%; 102 4 1013s 1041© 1055s 101 I04ie 10218 100% 10414 102ie 10538 101 101% 17.. 18.. 10418 3 6s, 5s, 68 4%s, 4s, 1881, 1881.. 1891, 1907, Cur., coup, coup. coup. coup. 1898. 19.. 104% 102% 105% 20.. 102% 105% 101% 21.. 4.. 1045s 10618 101 7b 5.. 102% 101% 6.. 104% 102 7.. 102 58 106 1015ft 8., 9.. 10.. 123% to 8. 105%; 100% 1879. 22.. 23.. 24.. 25.. 26.. 27.. 101% 102% 105% 101 102% 100% 97516 105% 100% 105 100% 101% 1005s 102 28.. 100% 29.. 1043s 102% 105% 101% 30.. 1043s 101% 31.. S. Open 104% x02% 106% High 104% 102% 106% Low. Cloa. 104% 101% 105 104% 102% 105% 123% 123% 123% 123% 105% 105% 105% 104% 104% 104% 104% 9711i6 105% 108% 104% 97lii6 105% 108% 104% The stock market showed Cons’l money. 5s of 4s of of 1881. 1891. 1907. 20 97% 21 22 23 24 105% 108% 104% 971316 105% 108% 104% 97i516 105% 108% 104% Holi day. ......... 8. 25.: 971516 105% 108% 104% .. 26 27 28 29 30 31 97i31P 105% 108% 97iii6 105% 107% 97Hie 105% 107% 97916 105% 108% 97% 105% 108% 104% 104% 104% 104% 104% S. Opening... 971516 105% 109% Highest.. 981iQ 105% 109% Lowest.... 97516 105% x07% Closing.... 97% 105% x08% . Since Jan. 1 105% 105% 104% 104% — Highest... 99710 109% Lowest.... 95% 110 105 105% 106% 101 larger business than in July, but depression in prices. The most salient point of the month’s operations was the speculation in Lake Shore & Michigan Southern, which advanced from 80^6 at the close of July to 93 August 12, on reports of a coming lease to the New York Central, and then broke down to 83% on August 15, after the failure to take any action in regard to a lease. The granger stocks were very strong on the crop prospects. there was at times a some The coal stocks fell off after the decline in coal and were near their lowest prices at the close of the month. following table will show the lowest, highest, and clos¬ ing prices of railway and miscellaneous stocks at the New York Stock Exchange during the months of July and August: The RANGE OF STOCKS IN JULY AND AUGUST. Railroads. J’ne 30. Low. Albany & Susq’hanna Bos. & N. Y. Air-L. pf Burl. Ced. Rap. & No Canada Southern.... Central of N. Jersey. Ches. & Ohio do l8tpref. do 2d pref. *88 52% 7% tl2% *8% July. High. J’ly 31. 92 42 88 35 37 55 50% 6% 8% 13% 9% 11% 8% 84 84% do 114 pref. tll5 Chic. Burl. & Quincy. 115% 116 Chic. Mil. & St. Paul, 54% 50% do 93% 90% pref. Chic. & Northwest... x66% 63% do 94% pref. x96 Chic. & Rock Island. 140% xl37% Chic. 8t.L. & N.Orl’ns 11 Chic.St.P.& MinneaD. 32 33% Clev. Col. Cin. & Ind. 50 52% 97 Clev. & Pittsb., guar. 97% Col. Chic. & Iud.Cent. 6% 6% Del. Lack. & West’m. 58% 56% Erie, $4 paid. do prf.,$2 assess.pd Erie & Pittsburg assess, 27% 52 Frankfort & Kokomo Hannibal & St. Jo 20 do pref. 41% Harlem x Houst. <fe Tex. Cent.J Illinois Central 88% Indianap. Cin. & Laf Joliet & Chicago Kansas Pacific L ike Shore 56 Louisville & Nashv.. Manhattan Mar’tta & Cin. 1st do 2d 88% 61 45 pf. pf. 54% 6% 47% 54% 12 95 61% 92% 72% 27% 51% 28% 82% 82% 31% 21% 7% 62% *57% 28% 53 26% 18 " 44 37% 138% 11% 38 4S% x98% 7% 53% 33% 42% 40 43% x86 4 46 6 4 35 3 73% 14% 80% x53 *40 83% 16% . 47% 47% 54% 87% 52 56% 55 37% 48 6 44% 117 87% 94 m m m m 2% 121 157% 163% t!57% 16% 17% 48 44% 16% 16% 16 44% 15% 110% 100 24 24 100 25 1st pref. 11%. pref. 22 x76% United New Jersey.. Wabash Telegraph. American District... Atlantic & Pacific.... Gold <fc Stock Western Union * Prices bid. *142 36% 65 37 x93 20 44% 8% 10% 53% 10% 12% 22 125 75% 143 35 x58% 26% 19% 28% 24% 16% 53% 9% 11% 24 26 125 145 65 37% 89% 93% 49% tl60 113% *112 100 26 10 16% 26% 19% 52% 9% 11% 24% 29% 22% 58% 13% 18% 44% 75% 47% 160 15 146 38% 35 75 9% ...... 77 78% 3 117% 110% tl8% 88 t38 125 102 t9% 13% t7% 7% 120% 110% 8% 79% 17 116 117 100 16 7 til 6 86% m 109 .. x86% 93 Pittsb.Ft.W.&C.guar. *x09% 1 156 59% Ren8seTr& Saratoga xlOl 18 Rome Wat. A Ogdens. St. L. Alton & T. H do pref. St.L.I.Mt. & So.,assd. 28% St. L. Kans. C. & No. 17% do 45% pref. St. L. & S. Francisco, 9% 37% 18% 40% 53% 80% 155 *xl55 36 *7% 54% *60% 23% 45% 41% 114% 78% 13% 7% m x98% 4% 150 pref. 156 91 46 153 do Panama 20% tl2 38 3% 6 84% 16% 62% 29% 18% 89% ol 100% 9% 31% 20% 90% 80% 63% 11% 44 55 53 86% 2% 72% 80% 75% 97% 99% 141% *138% 44 154% 40% 56 96 52% 41% 5 111 60 64% 97% 60 41% x88 till 70 28% 40 40 >6% 119% xll3% 60 23 155 155 96 52% 100 15 Mo. Kans. & Texas Mobile & Ohio Morris & Essex 9334 89% 93% x90% 39 Nashv. Chatt. <fc St. L 39 2 N. Jersey Southern.. 3% 3% 2 N. Y. Cent. & Hud. R. xll8% 117% 119% 119 New York Elevated 131 % xl24% xl29 tl24% N. Y. N. H. & Hartf1Td*xl64 162 164 Northern Pacific! 17% 17% 16% do pf.| 47% 48% 47% 17 Ohio & Mississippi... 16% 13 % 33% .. x86 42 7% 62% 2% x75% 13 xll3% 63 58 7% 13 96% Metropolitan Elev... Michigan Central.... 6% 64% 74% 99% xl39% xl39% 100 92 41% 68 99% 43% 53% -August. v High. Aug.30. 45% tll5 118 64% 96% 74% Low. 90 40 48% 88% 114 119 111 x73% 92 42 - 50% Chicago & Alton Stonington Union Pacific 10414 105 8. do do S. 105% 105 % 105% 4%s for Aug. RAILROAD AND MISCELLANEOUS STOCKS. 66 32 34 Cotton, Middl’g Uplands.$ 5). 12% 12%6 32@39 33® 39 Wool, American XX $ k>. 20 00©23 00 16 50@18 00 Iron, Amer. pig, No. l..$ ton. Wheat, No. 2 spring.. .$ bush. 1 01%®1 03 1 08® 1 10 34 1 46® 46% Com, Western mixed. bush. 45®50% Pork, mess $ bbl. 8 70 ®8 75 10 20®10 35 13 109% 109% 109% x08% 105% 108% 105% 108% 975s 100% 31% 49% 16% 109% 109% 109% 109% 109% 105% 105% 105% 105% 97*18 979!6 97916 97716 19 19,684,700 17,000,300 16,030,100 Circulation $ 20,942,500 19,438,700 15,383,300 Net deposits $ 228,817,400 216,164,100 209,450,700 $ 41,279,300 53,948,500 48,130,600 Legal tenders Surplus reserve (over 25 p.c.)$ 3,759,650 16,907,775 11,798,025 Money, Gold, Exchange— Call loans 5® 7 3 ®5 1%®2 day. 8. 1877 $ Specie S. Holi Bank $ 258,160,300 239,431,700 243,778,700 Loans and discounts New York City Bank Statements. s 981*6 105% 1, 1877 TO 1879. 1878. 1879. 8 946 1877 to 1879, inclusive: - 58 of 4s of of 1881. 1891. 1907. c 971516 105% 109% 105% 98%e 105% 109% 105% 5,237,005 following summary shows the condition of the New York Clearing House banks, the premium on gold, rate of foreign exchange, and prices of leading securities and articles of mer¬ chandise, on or about the first of September in each year, from ® 3....... The STATISTICAL SUMMARY ON OR ABOUT SEPTEMBER 0 1 2 719,000 23,523,000 31,060,140 1,190 3,588,586 4%s •Jc u ® Aug. August. $9,413,300 $13,286,200 $12,588,400 5,450,375 “ 239 ...... t20 tio *15 27% 20% 54% 11% 16% 40% *124 78 79% 147% *145 40 36% 37% 34% 62 34 65 64 35% 37% 35% 90% 88% 95% 93 x 84 t Prices asked, i This stock was sold for the first time Exchange on July 30; hence the range here given for at the N. Y. Stock July covers two days only. THE 240 July.High. J’ly 31. J’ne 30. Low. Exfress. 105% x*46% Adams American United States 47 Wells, Fargo & Co.... 100 48% 100 August.High. Aug.31. Low. 10334 47*2 47% x97]4 107 48 103% 46% 4614 x96% CHRONICLE 100 45 X41% 10612 xl03i4 45 4712 4612 x42 99 100 97 [VOL. XXIX. THE DEBT STATEMENT FOR The following is INTEREST-BEARING DEBT. 37 *x37 Homestake Mining Leadville Mining.;... *13 Maryland Coal Pennsylvania Coal... *150 .. 2% ...... *4*2 *4^4 ^38 34 14 36 pref. x31% “2% *13% 38 24 *38 x29% 334 *38 H 15 48 *8 1538 82^ 4% 1212 When Author¬ Character of Issue. izing Act. 150 155 41 14 *40 40 313s x2578 15 *5 38 Interst Periods. Payble. j 6% 41% 15% 613 3812 Quicksilver Mining.. Canton Cent. N. J. L’d & Imp. Del. & Hudson Canal Pacific Mail Pullman Palace Car.. Sutro Tunnel Co 152 4 2*8 1212 150 *13 *150 ...... 152 4 61-2 3912 2 34 6 38 638 3834 *x377s 2% -278 6% Caribou Consol. Min.; do 33 638 33 Standard Cons. Min’g Wilkesbarre Coal & I. Various. the official statement of the public debt as from the books and Treasurer’s returns at the close of business on the last day of August, 1879: appears Coal and Mining. American Coal Mariposa Land & M. do pref. Ontario Silver Min’g. AUGUST\ 1879. 40 41 "4*614 5*6% 14 8812 15 7s 91 4i8 434 t41 *15 50 15 41 15 t89 4% 87 4 *41 42 15 50 18 88 *38 *15 *13% *37% 26 14% Feb. 6s of 1880 6s, Oregon War. Mar. 6s of 1881 6s of 1881 5s of 1881 4%s of 1891 4s of 1907 . 42% * Prices bid. t Prices asked, t This stock was at tlie N. Y. Stock Exchange on July 30; hence, for July covers two days only. 41% 14% 40% 2934 7 .... Amount N Registered. OQ 1831 J.&J. 1881 J.&J. 1881 Q.-F. 1891 Q.-M. 1907 Q.-J. 14,166,000 $4,249,000 c 134,359,900 56,549,400 273,482,800 166,108,950 466,386,300 945,000 54,961,450 18,450,600 234,957,550 83,891,050 270,012,500 c c c c $1,111,053,350 $667,467,150 $4,396,500 - 43% 18 Coupon. a 8,’61 1880 J.&J. 2,’61 1881 J.&J. b July 17/61 Mar. 3/63 July 14/70 July 14/70 July 14/70 Oustanding. s5 4s, refimd’g ctfs. Feb. 26/79 3s, navy pens, f’d July 23/68 14,000,000 ...... 4% sold for tlie first time the range here given EXCHANGE. Foreign exchange drooped, and importations of specie became large. With the prospect of very heavy shipments of produce during the autumn and large shipments of bonds and specie from Europe to this country, there was little prospect of firmness in exchange. BANKERS’ STERLING EXCHANGE FOR AUGUST, 1870. $1,796,917,000 Aggregate of interest-bearing debt. 4 denominations, of each issue of bonds are as follows: $1,000; registered, $1,000, $5,000 and $10,000. (b) $50, $100 and $500. (c) Coupon, $50, $100, $500 and $1,000; registered, same, and also $5,000 and $10,000. The sizes, or (a) Coupon. On the above issues of bonds there is a total of $4,693,522 of interest over-due and not yet called for. The.tbtal current accrued interest to date is $12,776,450. DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY. a total of over-due debt yet outstanding, which has never presented for payment, of $41,140,910 principal and $1,836,567 interest. Of this interest, $1,700,670 is on the principal of called bonds, as follows: 5-20s of 1862, $400,300; do 1864, $71,450; do 1865, $137,200; do 1865, new, $1,079,200; do 1867, $10,696,700; do 1868, * $3,229,450; 10-40s of 1864, $24,813,200. There is been DEBT BEARING NO INTEREST. 60 Aug. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 .. . 4*82 4*82 .. .. .. .. .. .. . .. .. .. .. .. ©4' 83 ©4" 83 Demand. ©4-85 $4*85 4-84 4-84 4-82 ©4' 83 4*8214®4- 83 4*82 S>4' 83 4\8214@4' 83 4*82 ©4' 83 4-82 ©4' 83 18 19 ! 20 1 21 ! 22 ! 23 ©4:85 ©4-85 4-8334© 4*85 4-84 ©4*85 4*84 ©4*85 4-83%® 4-85 4-84 4-84 i 4"81%@4" 8212 4-81%@4- 82% 4*81%©4- 8212 P81%®4- 82% 4-81%©4- 821^ .... 24 25 26 27 28 29 30 31 ..S.. 4-83 34® 4*85 4-81 %®4; 83 .... 60 Aug. .3. .. .. days. ...... 4-83%©4-81% 4-83%©4-84% 4-83%©4-84% 4-83%©4-84% 4-83%®4-84% Demand. days. - 81 %©4' 82ie 4- 83%®4*84% '81%©4' 82%;4- 83i22 4-84i2 '81%©4' 82%4- 83i224-84i2 81%@4' 82 V 4" 83%®4*84% '81%©4' 82 % 4- 83i224-84i2 '81%@4' 82% 4- 831224*8412 .. .. .. .. .. .. si'ii®! .. ■81 ■81 .. .. 82 4 @4' 82 © 4' 82 831424-84'' 831424-84 83i4®4-84 '80%©4' 81%[4 83 80i2'2/4' 8112 4 83 83 80%@4' 8112 .. .. .. 24-8312 24-8312 ®4-83% .... Legal-tender notes— Certificates of deposit July 17, ’61 ; Feb. 25, ’62; June 8, ’72 4-83 Rang* 4-80%®4-83 Fractional currency.. July 17/62: Mar. March 3, ’63 Gold certificates Silver certificates February 28, ’78 3, ’63 ; June 30/64 — following statement, from the office of the Treasurer, for September 1 was issued this week. It is based upon the actual returns from Assistant Treasurers, depositaries and superintend¬ : LIABILITIES, SEPTEMBER 1. Fund for redemption of certificates of deposit, June 8, $35,335,000 00 1872 Post-ottice Department account. Disbursing officers’ balances Fund for redemption of notes of national banks “ failed,” liquidation,” and “reducing circulation” Undistributed assets of failed national banks Five per cent fund for redemption of national bank notes Fund for redemption of national bank gold notes... Currency and minor-coin redemption account Fractional silver-coin redemption account Interest account Interest account, Pacific Railroads and L. A P. Canal Co Treasurer U. S., agent for paying interest on D. C. bonds. Treasurer’s transfer checks outstanding Treasurer’s general accountinterest due and unpaid Called bonds and interest Coin certificates Silver certificates Refunding certificates Balance, including bullion fund 1,593,245 66 22,871,244 34 12,717,928 25 725,704 75 14,623,342 00 RECAPITULATION. U. S. bonds and interest Interest on District of Columbia bonds — Total debt bearing no interest... Unclaimed Pacific Railroad interest 346,742,441 35,175,000 15,762,064 18,410,550 $416,090,055 Total $2,254,147,966 Total debt, principal and interest, to date, including interest due not presented for payment 7,927 $19,314,466 $2,273,462,432 243,696,228 $2,029,766,204 2,033,293,600 $3,527,395 Decrease of debt during the past month Increase of debt since June 30, 1879.... 2,558,948 $4,693,522 41,140,910 1,836,567 Interest thereon ASSETS, SEPTEMBER 1. Registered and unclaimed interest paid 1,836,567 18,410,550 Gold and silver certificates. 4,396,500 00 Quarterly interest checks and coin coupons paid $17,469,972 41,140,910 Current Liabilities— Interest due and unpaid Debt on which interest lias ceased 144,907,194 00 $141,546,390 52 30,678,464 15,236,724 4,904,611 120,000 1,976,960 70,597,606 4,968,455 170,100 U. S. notes held for redemption of Cash balance available September 1,156,000 00 223 50 960,000 00 210,912 74 505,044 00 $243,696,228 Cash in the Treasury. $243,696,228 BONDS ISSUED TO TILE PACIFIC RAILWAY COMPANIES. INTEREST PAYABLE BY TIIE UNITED STATES. Character of - 114,483 00 690,848 30 Central Pacific .. .. Western Pacific.. Sioux City & Pac. Total Amount Interest paid outstanding. by U. S. $25,885,120 $17,240,126 6,303,000 27,236,512 1,600,000 1,970,560 1,628,320 4,616,613 18,421,067 1,165,808 1,195,314 1,073,500 $64,623,512 $43,712,450 repaid by Balance of interest paid transporfat’n by U. S. Interest $2,813,960 $14,426,166 2,346,714 7,373,199 73,142 9,367 93,804 2,269,898 11,047,887 1,092,665 1,185,947 979,695 $12,710,188 $31,002,261 The Pacific Railroad bonds are all issued under the acts of July 1, 1862, and July 2, 1864; they are registered bonds in the denomination* $1,000, $5,000 and $10,000; bear 6 per cent interest in currency payable January 1 and July 1, and mature 30 years from their date. of $311,481,785 75 Issue. Kansas Pacific Union Pacific.... Central Br., U. P. 507 64 2,299 83 35,175,000 142,439,678 certificates of deposit. 1, 1879 Total Available Assets- 00 48 89 00 00 37 34 00 86,359 79 35,991,267 02 1,564,427 33 ‘. $1,796,917,000 4,364,418 56 3,281.850 00 Nickel and minor coin New” York and San Francisco exchange One and tw o-year notes, Ac Redeemed certificates of deposit, June 8, 1872 508,440,350 250,000,000 736,398,800 4,396,500 14,000,000 Total interest-bearing debt Debt on w?i icliint.has ceas’d since maVrity Debt bearing no interest— Old demand and legal-tender notes Certificates of deposit Fractional currency Gold and silver certificates 11,500 00 382,500 82 42,977,477 51 15,128,700 00 Deposits held by national bank depositaries $283,681,350 Debt, less cash in Treasury, Sept. 1, 1879. Debt, less cash in Treasury, Aug. 1, 1879. $7,506,022 17 Gold coin and bullion Standard silver dollars Fractional silver coin Silver bullion Gold certificates Silver certificates United States notes National bank notes National bank gold notes Fractional currency Interest-bearing debt— Bonds at 6 per cent.... Bonds at 5 per cent.... Bonds at 4% per cent.. Bonds at 4 per cent Refunding certificates. Navy pension fund 272,892 56 160,555 75 Interest. Outstanding. Total cash in Treasury $311,481,785 75 7,927 221,660 00 3,999 38 218,197,743 68 Speaker’s certificates Deficit*, unavailable funds $416,090,055 Aggregate of debt bearing no interest. Unclaimed Pacific Railroad interest ©4-85 The offices 346,681,016 35,175,000 15,762,064 15,128,700 3,281,850 Amount , UNITED STATES TREASURY STATEMENT. ents of mints and assay $61,425 Feb. 12, ’62 July 11, ’62; Mar. 3/63 ,.S.. .. “in Old demand notes Amount. Authorizing Act. Character of Issue. 241 THE CHllONICLE 6, 1879.] September IMPORTS AND EXPORTS FOR JULY, 1879. f^tcwelavgf ©n mmevcial gtiglisli |tcurs [Prepared by tbe Bureau of Statistics.] The following is a statement showing, by customs districts, BATES OF EXCHANGE AT LONDON AND ON LONDON AT LATEST DATES. imported into and exported from the United States during the month of July, 1879: values of merchandise Crstoms Districts. Baltimore, Md Boston, &c., Mass Brazos, etc., Texas Buffalo Creek, N. Y Cape Vincent, N. Y Champlain, N. Y Charleston, S. C Chicago, Ills Corpus Christi, Texas... Detroit, Mich Galveston, Texas Huron, Mich ... Key West. Fla Miami, O Milwaukee, Wis Minnesota, Minn Mobile, Ala New Haven, Conn New Orleans, La. New York, N. Y EXCHANGE AT LONDON— August 22. Exports. Imports. Domestic. $1,421,902 3,079,703 77,433 180,970 22,031 180,044 25 Time. On- Rate. EXCHANGE ON LONDON. Latest ■ Foreign. $0,147,933 4,241,249 $3,532 92,695 62,089 64,883 19,250 646 5,673 73,844 132,371 567,414 12112 © 12-214 12-358 ®12,418 25-50 20*62 20-62 .... Berlin .., 20-62 86,506 113 37,992 537 42.829 1,037 70,973 428,215 28,985,030 1,119,800 4,138 23,244 590,854 19,124 6,365 2,375 Paris Paris Vienna Genoa -2)25-52 ©20-66 ©20*66 Time. Rate. Aug. 22 Short. 1208 Aug. 22 Short. 25-38 Aug. 22 20-48 m m m m H 20,6212©20‘66 Leipzig 301,701 111,180 591,477 383,501 82,300 28,408,272 Antwerp Short. 3mos. Frankfort... 24,782 844,820 . Hamburg 09,139 25,559 119,000 4,484 45,437 15,510 2,257 1,753 107,01 S 107,128 Amsterdam Amsterdam. Date. Short. 3mos. ©20-66 25-28%©25-38^ 25*45 ^©25*48 3* 11-85 ©11-90 28-45 ©28-50 St.Petersb’rg Madrid Cadiz Lisbon 90 days Alexandria New York... 30 days Bombay Is. Calcutta 2412©2458 465g©4678 46 50© 46 7s 52 Aug. Aug. Aug. Aug. Aug. Aug. 22 Cheq’s 22 22 3mos. 22 20 20 ii H u 25-32** 116-80 27-95 25% 47-40 ©521s . .... .... Hong Kong Shanghai.... . m m m to a a m 0 Aug. Aug. 77ed.©ls. 8*6 Aug. Aug. Aug. Is. 734d. 22 21 21 19 19 60 days 6 mos. ii a 4-81 Is. 8%!.-. is. S^d.. 3s. S^L. 5s. l^d. Pensacola, Fla Philadelphia, Pa Portland, etc., Me Puget’s Sound, W. Ter. Richmond, Va Saluria, Texas 2,000,724 72,078 1,141 2,804 2,539 1,900 35,475 150,958 39,553 87,820 3,413,101 101,078 19,097 150,098 61,853 San 2,733,409 1,558,925 28,947 A moderate inquiry is experienced for money in the open market, and the rate of discount is considered firm at Ys to 1 per cent; but at the Bank of England the inquiry is upon a 1,202 477,322 142,315 200,810 511,083 2,136 very limited scale, there being a further diminution in the total of “ other securities’’ of £175,834. This item now amounts Niagara, N. Y. Oswegatchie, N. Y Oswego, N. Y Passamaquoddy, Me... Francisco, Cal 213,087 02,347 100,590 47,287 2,379 423 Savannah, Ga. Wilmington, N. C All other districts .... 45 1,784 11,183 2,218 u | From our own correspondent.] London, Saturday, August 23, 1879. only £16,962,882, and there is reason to believe that a further place during the next three or four weeks.. Below are the imports and exports of the United Although the weather has been very unsettled during the week, States for the month ending July 31, 1879, and for and a large quantity of rain has fallen, the better feeling in the seven and the twelve months ending the same, compared mercantile circles is maintained. A fair business is still pas¬ with like data for the corresponding periods of the year imme¬ sing on American account, and there are indications of improve¬ ment in other quarters. Trade, however, is far from active, diately preceding. but this is not an unusual circumstance at this period of the year [Corrected to August 28,1879.] It is at all events satisfactory to be able to say that confidence MERCHANDISE. is slowly returning, [and this is, perhaps, as much as we should For For the the 7 For the 12 expect. The policy of economy is still in full operation, and months end¬ months end¬ mouth of Exports and Imports. great are the complaints from our pleasure resorts of the ed July 31. ed July 31; July. scanty arrivals of holiday seekers. Seaside visits, if resorted to, $49,985,469 $386,712,493 $701,897,391 1879.—Exports—Domestic are briefer than usual, and the railway companies complain 869,995 0,327,850 11,673,331 Foreign Total $50,855,464 $393,040,343 $713,570,725 that there is a large accession of third-class traffic at the* 41,282,290 208,430,558 449,998,636 Imports expense of the two upper classes. The increase in third-class Excess of exports over imports $9,573,174 $124,609,785 $263,572,089 Excess of imports over exports traveling is due, however, to two causes: first, the necessity of $46,428,868 $408,101,923 $089,538,127 economy, and, secondly, the greater comfort which most of the ■ 1878.—Exports—Domestic 1,295,312 8,459,768 14,561,413 Foreign companies now afford. Some people may be of the opinion Total $47,724,180 $416,561,691 $704,099,540 that comfortable third-class traveling is an error from the 37,061,429 250,244,405 433,206,485 Imports shareholders’ point of view; but it is more than probable that Excess of exports over imports $10,662,751 $166,317,286 $270,893,055 Excess of imports over exports were traveling third-class not cheap and comfortable, fewer GOLD AND SILVER (COIN AND BULLION). people would travel, and the companies would suffer. The law compels the companies to forward a parliamentary train in $839,101 $13,354,273 $17,849,254 1879.—Exports—Domestic 384,076 4,617,599 7,053,953 each direction each day at the cost of one penny per mile; but Foreign Total $1,223,177 $17,971,872 $24,903,207 up to only a few years ago these trains were dispatched either 1,283,101 10,388,191 19,623,124 Imports Excess of exports over imports $ $7,583,681 $5,280,083 very early in the morning or late at night. Now, however, Excess of imports over exports 59,924 third-class carriages are attached to the express trains, and 1878.—Exports—Domestic $544,882 $15,066,409 $23,408,844 Manchester, Leeds, Birmingham, and all our large manufactur¬ 772,529 4,867,450 7,165,128 Foreign ing towns, can be reached in a few hours at a cost of only one Total $41,282,290 $49,985,469 Total $869,995 to reduction will take $1,317,411 1,955,977 Imports Excess of exports over imports'$ Excess of imports over exports! 038,566 $19,933,865 $30,573,972 19,632,810 30,769,476 $301,055 195,504 TOTAL MERCHANDISE AND SPECIE. 1879.—Exports—Domestic Foreign $50,824,570 $400,066,766 $719,746,645 1,254,071 10,945,449 18,727,287 $52,078,641 $411,012,215 $738,473,932 42,565,391 278,818,749 469,621,760 Imports Excess of exports over imports $9,513,250 $132,193,466 $268,852,172 Excess of imports over exports Total 1878.—Exports—Domestic Foreign $46,973,750 $423,168,332 $712,946,971 Total $49,041,591 $436,495,556 $734,673,512 Imports Excess of exports over imports Excess of imports over exports 2,067,841 39,017,406 13,327,224 269,877,215 21,726,54L 463,975,961 $10,024,185 $166,618,341; $270,697,551 The result is that not only do more people frequently. They also spend more and see more, and the companies derive a corresponding benefit. People will not, as a rule, be pressed into paying what they do not like or cannot afford; but quick third-class traveling has become very popular of late years, due~mainly from necessity and partly from choice. These and other economies must eventually aid in distributing money more freely. Those who, some years ago, were profiting by our extravagances will suffer^ and as there are now greater probabilities of a more even dis¬ penny per mile. travel, but they travel more tribution of wealth, there is reason for will be spent. It is stated that a hoping that more money member of the Canadian Ministry at present country has just given out orders for 65,000 tons of steel rails, of which total, however, a moiety is for delivery during Selma & Greensboro.—This is now the name of the road several months ahead, and at higher prices than the lots for formerly known as the Selma Marion & Memphis. It was sold immediate shipment. The orders have been apportioned as fol¬ under foreclosure in July, 1878, and bought by the bondholders, lows: The Barrow Company, 30,000 tons; Brown Bailey & Dixon> who have since organized under the present name. The pro¬ Sheffield, 15,000 tons; the West Cumberland Iron & Steel Co.,. perty, however, is held by a Receiver. The road is in operation from Junction, on the Alabama Central, 14 miles from Selma, Workington, 10,000 tons; and the Dowlais Company, Dowlais, Ala., to Greensboro, 35 miles.—ft. ft. Gazette. 10,000 tons. Prices range from £4 17s. 6d. to £4 19s. per ton,,. in this THE CHRONICLE 242 delivered at Montreal; the lower price for this year’s consign¬ ment. Nearly 20,000 tons of iron rails have been purchased in South Wales for the United States, at prices up to £4 10s. per ton, for immediate delivery. Scotch and hematite pig iron are selling largely for America. Money has been in fair demand during the week, and the quotations are as follows: Bank rate . Per cent. 2 Open-market rates— 30 and 60 days’ bills Open-market rates— 4 months’ bank bills 1 6 mouths’ bank bills 1%@1% 4 & 6 months’ trade bills. 2 @2% 7e® 1 7a®l 3 months’ bills The rates of interest allowed discount houses for deposits Per cent. are by the joint-stock banks and as under: Per cent. Joint-stock banks Discouut houses at call do with 7 and 14 days’ notice of withdrawal Annexed is % % statement 1879. 1878. Circulation, including . 1876. £ £ £ £ bank post bills 29,106,076 Public deposits 5,53 i ,819 Other deposits 31,058,180 Govemm’t securities. 16,339.087 27,779.482 3,055,349 20,867,427 14,867,178 17,696,911 9,274,542 Other securities 16,962,882 Res’Ve of notes & coin 21,550,944 Coin and bullion in both departments 35,379,724 .. Proportion of 1877. 28,531,103 4,295,440 22,771,398 14,990,554 28,611.335 5,305,036 28,252,255 18,196,144 12,259,133 15,945,490 12,119,949 20,672,917 21,738,937 25,323,159 33,894,732 38*91 5 p. c. 44-24 2 p. c. 69-90 2 p. c. reserve to liabilities Bank rate 58*45 2 p. c. Consols Eng. wheat, av. price. Mid. Upland cotton... 97% 9478 94% 96% 49s. 5d. 44s. 2d. 45s. 5d. 69ied. 6584. 64a. 9d. 6d. 9d. lOd. 10%d. 10%d. No. 40 mule twist 6%d. Clearing-House return 95,547,000 10,361,000 84,046,000 81,519,000 There has been a small inquiry for gold for exportation, but the movement has not assumed In the silver Annexed are market there the present has any degree been very of importance. little change. quotations for bullion: s. d. s. d. 77 9 @ 77 10^ 73 9 @ 73 8%® 76 3%@ 76 76 3%® GOLD Bar gold, fine Bar gold, reflnable per oz. per oz. standard. standard. 1877. Spirits—British :...gals. Stationery—Other than paper...£ Tin—Un wrought cwt. Wool—British Colonial and foreign lbs. lbs. yds. yds. yds. Woolen cloth Worsted stuffs Carpets not being rugs 1879. 1878. 4,038 6,009 1,655 322,781 1,281,533 210,400 2,387,400 55,800* 1,426 5,572 604 24,000 855,400 174,700 2,172,800 2,599 6,361 1,430 138,000 2,437,500 57>600 54,200 1,313,360 27,753 447,135 9,031 1,567,592 31,704 192,346 10,057 20 306 32,349,700 362,800 2,825,700 IN SEVEN MONTHS. Alkali cwt. £ . Apparel and slops Bags and sacks Beer and ale Copper—Unwrought Wrought Cotton piece goods Haberdashery and millinery doz. bbls. 9,668 cwt. 100 cwt. 863 760 yds. 42,259,200 25,822,000 168,151 189,873 160,852 177,274 26,893 175,662 14,858 181,303 32,495 2,837 1,037 2,890 568 1,869 2,098 61,857 394 62,476 1,173 886 2,918 128 1,423,800 45,910,200 1,870 81,860 2,827 Bar, &c Railroad of all sorts tons. cutlery Hoops, sheets plates Tin plates and boiler tons. tons. tons. tons. tons. tons. lbs. . Castor wrought Old, for re-manufacture Steel—Un wrought 1,263,653 27,730 248,287 £ £ tons. tons. Hardware and Iron—Pig %-g> 1 showing the present position of the Bank of England, the Bank rate of discount, the price of con¬ sols, the average quotation for English wheat, the price of Middling Upland cotton, of No. 40 mule twist, fair second quality, and the Bankers’ Clearing House Return, compared with the three previous years: a [VOL. XXIX. 1,464 2,096 8,957 14,257 £ 98,658 Paper—Writing or printing...cwt. Other kinds, except hangings, 1,255 85,794 901 3,270 214 782,000 50,555,700 29,599,000 86,446 1,049 cwt. ....tons. 2,691 123,439 2,285 121,704 2,803 132,768 yds. 192,484 £ 2.800 £ Tin—Un wrought. gals. cwt. 30,998 27,105 19,728 lbs. 958,281 Carpets, not being rugs lbs. 6,656.518 yds. 856,600 yds. 18,204,900 289,400 yds. 3,639 1,784 1,696,140 yds. 53,308,900 yds. 22,815,790 Lead—Pig, &c Jute yarn Linen piece goods Jute manufactures Steam engines &c Salt Silk—Broad stuffs. Ribbons Other articles of silk only Spirits- British Wool—British Colonial and foreign Woolen cloth Worsted stuffs.. 19,456,600 201,776 3,824 14,075 11,712 26,022 23,339 13.592 5,428 280,678 894,700 4,809,497 11,955,700 950,300 1,095,900 19,363,500 15,105,500 158,000 293,000 125,794 2,331 Large supplies of colonial wool are being daily offered at the public sales. The demand is good and prices are firm; but the large quantity of produce in the market checks any advance. Notwithstanding the heavy rainfall during the week, the wheat trade has been scarcely affected. The bad weather has, however, served to prevent a fall in prices, which would, in consequence of large importations, have taken place, if we had had the benefit of brilliant sunshine. The crops are nearly ripe, but the prospect to-day is very gloomy. Rain is falling very heavily throughout the country, and farmers are perplexed German gold coin to know what to do. Into London, however, we are importing SILVER. d. d Bar silver, fine per oz. standard. 5113^-g) more than 100,000 quarters of wheat weekly, and as the London Bar silver, contain’g 5 grs. gold per oz. standard. 52316 ® Cake silver district does not require more than 60,000 quarters, the quiet¬ per oz. 557s ® Mexican dollars peroz. 50% ^ ness of the wheat trade is easily accounted for. Chilian dollars per oz ® Quicksilver, £Q 5s. Od. Discount, 3 per cent. During the week ended Aug. 16, the sales of home-grown wheat It is officially announced that the Right Hon. H. C. E. Chil¬ in the 150 principal markets of England and Wales amounted ders, the President of the Great Western of Canada Railway to 18,594 quarters, against 26,233 quarters last year; and it is Company, has resigned. estimated that in the whole kingdom they were 74,500 quarters Subjoined are the current rates of discount at the principal against 105,000 quarters in 1878. Since harvest the sales in the 150 foreign centres: principal markets have been 2,473,268 quarters, against 2,002,675 Bank Bank Open Open rate. market. rate. market. quarters; while it is computed that they have been in the whole Pr. ct. Pr. ct. Pr. ct. Pr. ct. kingdom 9,893,000 quarters, against 8,011,000 quarters in the Paris 5 %®6 6 2% 1%®1% St. Petersburg Brussels 2% 2%®23s Vienna & Trieste 4% corresponding period of last season. Without reckoning the Amsterdam.. 3% 3%®338 Madrid, Cadiz & Berlin 4 4 4 ®> 5 Barcelona 2%@25a supplies furnished ex-granary at the commencement of the 4 5 ®>6 5 Hamburg 2%@23s Lisbon & Oporto. season, it is estimated that the following quantities of wheat 4 Frankfort 2 ®2% New York 4 6 2%®2% Calcutta Leipzig and flour have been placed upon the British markets since Genoa 4 3 -@3% Copenhagen 4 /®4% 4 'a> 4% Geneva 3 harvest; these figures embrace a period of 51 weeks: 3 1878-9. 1877-8. 1876-7. 1875-6.' Annexed is a return showing the extent of our exports of Imports of wheat.cwt.49,238,937 53,333,396 44,168.084 53,937,970 British and Irish produce and manufactures to the United Imports of flour 7,821,615 6,436,786 6,080,878 8,872,092 Sales of home-grown States in July, and in the seven months ended July 31, in the produce 42,856,700 33,638,100 34,886,000 35,887,000 current and two preceding years: Total Spanish doubloons per per per per South American doubloons United States gold coin ... oz. oz. oz. oz. ... ... ... ... ... ... ... ... . , EXPORTS IN JULY. 1877. Alkali Apparel and slops Bags and sacks ....£ Beer and ale .bbls. Copper—Wrought Cotton piece goods ..yds. Earthenware and porcelain.. ....£ Haberdashery and millinery £ ....£ .tons. .tons. Hardware and cutlery Iron—Pig Bar, &c Railroad sheets Hoops, plates Tin plates Cast .tons. or ■ ... Jute yarn Linen piece goods Jute manufactures Steam engines Paper—Writing or .tons. .tons. .tons. 643 1,090 1,056 45 39 180 8,367,000 48,550 33,636 3,436,800 50,711 25,124 29,693 2,246 6,087,000 56,192 25,425 36,534 7,206 385 104 1,219 36,061 3,277 684 811 8,267 9,761 13,030 212 163 181 158 396 451 453 101 11,922 . 437 Wheat 1,028 2,145 93,116,133 84,611,612 95,033,216 50s. Od. 54s. 5d. 45s. lid. 41s. 5d. cwt.49,238,937 9,993,778 11,663.595 1,578,333 1,733,767 37,723,665 8,872,092 Barley . 39,209,497 Barley 186 394 922,632 Oats Peas Beans Indian Flour Wheat 21,478 879,268 IMPORTS. 27 1,013 4,735 1,676,978 1878-9. 234 7 22,584 26,716 1,007 2,834 7,109 95,955,848 following figures show the imports and exports of cereal produce into and from the United Kingdom since harvest, viz., from the 1st of September to the close of last week, compared with the corresponding period in the three previous seasons: 6,634,100 5,673,400 13,128 22,283 85,490,870 The 5,322,500 4,035,600 11,747 514 94,793,111 Result 30 220.200 18,615 32,453 3,147 3,524 90,967,729 of 1,758,232 Av’ge price of English whea| for the season. 89,700 273 Other kinds Salt: .tons. Silk broad stuffs .yds. Ribbons of all kinds £ Other articles of silk only. ....£ Do of silk and other materials. £ 368 85 £ printing.. 15,819 131 .yds. ..yds. • 241,214 5,354 418,300 8,262,100 3,600,860 . 1879. 188,665 3.488 29,353 boiler and wrought Old, for re-manufacture Steel—Un wrought Lead—Pig, &c 1878. 185,538 4,470 49,167 Deduct exports wheat and flour corn 1877-8. 1876-7. 1875-6. 53,333,396 44,168,0S4 53,987,970 13,999,451 12,155,466 1,832,524 2,782,195 37,809,669 7,821,615 12,473,670 12,199,949 1,300,376 4,472,026 33,375,075 6,486,786 8,111,889 12,295,389 1,481,040 3,163,433 31,935,728 6,080,878 EXPORTS. 1878-9. cwt. Oats Peas Beans Indian Flour corn 1877-8. 1,533,611 108,520 1,585,728 63,795 106,374 28,922 20,463 562,301 174,621 13,964 20,331 20,588 1876-7. 242,672 830,465 51,512 87,323 23,885 31,954 59SL605 91,250 48,803 1875-6. 891,753 24,342 357,340 39,694 10,857 50,504 30,879 &8FTEMBER 6, 1879 THE CHRONICLE ] 243 1= on has been closed for repairs. The annexed table, made up from the half-yearly statements just published, shows the increase or decrease of train-mile¬ age, and the train-mile earnings, both from passenger and goods traffic, compared with last year, together with the pro¬ portion of passenger train mileage to the whole mileage run: Passengers. / Metropolitan Metropolitan District. Increase. /—Goods & Minerals.—n •> Train mile Pro- Train milts Train earnings, porTrain mileage 1879. 1878.tion. mileage 1879. 1878. inc.ordec. North. Western North Eastern Midland Lancashire & York’sh. Great Northern Great Eastern South Western South Eastern London & Brighton... Man. S.& Line London C. & Dov * d. d. P.ct. inc.ordec. 52*4 49 47’5 40 50 8 36 55*3 54 48*2 47 51*7 60 57-1 70 76 9 79 f63,929 50*7 *53,322 43’7 *117,732 47*4 t6,993 53*6 *114,088 44*8 *109,005 50*0 *106,268 57 3 t25,937 73*0 earnings, 1115,156 1565,747 518,923 1186,865 <344,538 *149,269 d. d. 79*5 79*3 649 97*2 64-7 81 3 80*7 81*8 67 0 93*1 65 3 82*6 70 8 104*1 *63,289 71*6 *32,080100*2 54*4 81 *14,476 96*6 98*7 48*2 50*5 58*8 64*2 *4,569 103*0 103*9 *8,370 92*7 93*8 37 82 t28,381 *6,167 77*0 86*5 77*2 106*4 95 99 *1,618 50*7 Nil. t66,313 53*2 *1,107 *24,439 t Decrease. With reference to the above in most instances the miles figures, it run be observed that may by empty engines, &c., are excluded from the train mile results. The following statement shows the increase of capital per half-year, during the past the proposed capital expendi¬ ture in the half-year ending December 31,1879, and in subse¬ quent half-years, together with the total capital expenditure to June 30 last, and the proportion which the ordinary capital cent bears to the whole: Capital expenditure. •> During Pro¬ capital. next Subsequent To June porPer ct. half-yr. half-years. 30,1879. tion. / Inc. of £ North Western North Eastern Midland Lancashire & Yorkshire... Great Northern Great Eastern ♦South Western South Eastern London & Brighton Man. S. & Line London C. Dover Metropolitan .. .. .. .. .. .. .. .. .. .. .. .. Metropolitan District * South Western .. 1*21 *39 1*40 1*32 1*12 *74 1*41 *57 1*69 1*60 *26 1*35 *12 £ 971,000 293,276 850,000 668,390 393,000 340,000 130,000 119,690 326,720 315,000 £ 4,842,926 82,619,420 55,452,237 65,491,782 32,809,514 30,624,154 33,929,725 22,890,392 20,194,239 20,085,809 23,722,780 22,706,662 8,709,547 5,756,120 —829,705 2,136,961 1,949,838 1,615,553 1,410,000 —40,000 624,820 897,710 1,242,000 164,000 22,680 320,790 2,500 37 37 32 43 24 31 40 40 34 24 47 51 38 expenditure for past half-year included £151,678 for Exeter & Crediton and Lymington purchases. The subjoined statement shows the increase cent under the heads of “ maintenance of decrease per permanent way, &e.,” or “locomotive expenses,1” and “repairs and renewals,” as compared with last year, and also the train-mile expenses, and propor¬ tion of working expenses to gross receipts, both for 1879 and 1878: North Western North Eastern Midland Laucash. & Yorkshire. Great Northern Great Eastern South Western South Eastern London & Brighton. Man. S. & Line London C. & Dov .. Metropolitan Metropolitan District. * Increase. -—Inc. or Dec. p.c.—, Perma- Loco- Repairs nent motive aiid way. expen. ren’ls. t7*8 t3*2 tll-4 tl4*3 t!8*5 tl2*5 t7*2 tO *8 *1*5 *3*9 t9*6 i4*4 *2*7 *3*4 *17*9 t6*0 *2*5 *1*7 *0*8 *2*6 *2*6 *1*4 tl*2 t2*8 *0*4 *0*3 t4*9 t7*7 tl*3 t3*0 f*2*3 t4*2 *16 *6*4 *2*3 *0*4 15*9 t7*6 tll*2 Train mile Propor’n of expenses. exp. to rec. 1879. d. 34*9 34*2 30*6 40*2 31*6 34*2 35*8 42*4 31*3 39*0 43*1 35*5 35*8 1878. d. 1879. 1878. P. ct. 52*6 51*2 52*2 36*6 37*0 32*6 41*5 33*1 55*4 56*1 55*7 56*1 52*5 49*9 51*2 58*8 35*0 40*9 35*9 36*5 43*1 30*7 40*3 44*4 36*4 37*3 P. ct. 53‘9 52*3 52*9 56*1 57*2 56*9 54*9 50*9 48*2 52*1 57*5 35*7 43*6 Ensli«h Market Reports—Per Cable. daily closing quotations in the markets of London and Liverpool for the past week, as reported by cable, are shown in the following summary: London Monty and Stock Market.—The bullion in the Bank of England has decreased £190,000 during the week. per oz Consols for money Consols for account TJ. S. 5s of 1881 TJ. 8. 4*28 of 1891 U. S. 4s of 1907... Mon. Tubs. Wed. Thurs. Fri. Sept. Aug. Sept. Sept. Sept. 30. 1. 2. Sept. 3 4 d. 5I516 97% 97% 1058*8 108*4 104% Erie, common stock 25*3 Illinois Central .89% Pennsylvania 42 Philadelphia* Reading. 18 51% 51% 513s 51*8 51% 97**ie 97t*i0 971316 971316 97*3i0 97*iia 97**i« 971316 97*316 97i3l6 105*3 1058a 105*3 105*3 105*3 108% 104% 24*3 89*3 42*4 17*4 108 104% 25*8 89*3 42*3 18*3 108*6 104% 108 105 26 26% 89*3 42% 19*8 89*3 Liverpool Cotton Market.—See special report 5. 43 19 on cotton. 108 105 28*s 89*3 43*4 Tues. 8. d. Wed. 23 6 8 9 8 3 23 6 8 8 8 3 8 11 9 0 Flour (ex. State) $ bbl.. 23 6 Wheat,spr’g,No.2,1001b. 8 Spring, No. 3... “ 8 9 Mon. 8. d. 23 6 8 9 “ “ 3 8 11 9 0 8 11 9 0 “ “ 9 9 0 9 0 9 0 9 8 9 8 4 9 4 8 Corn, mix.,West.$ cent’l 4 8 8 9 4 Win ter, West.,n. Southern, new Av. Cal. white.. California club. 3 8 8. 8 11 9 0 8*2 Thurs. 8. d. 23 6 8 8 d. 8 Fit 23 8 8 9 9 3 8 11 9 0 0 8 9 6 8 3 1 2 0 9 0 9 9 4 8 9 9 8 4 9% Liverpool Provisions Market.48 26 26 0 6 Tues. 8. d. 48 0 26 0 26 6 30 29 9 0 30 29 Mon. d. 8. Sat. d. s. Pork, West, mess.. $bbl.48 Bacon, long clear, cwt. .26 Short clear 0 0 26 6 Beef, pr. mess, $ tierce Lard, prime West. $cwt.30 Cheese, Am. choice “ 29 9 “ 0 0 Wed. 8. d. 47 0 30 29 26 26 9 0 0 6 9 0 Thurs. 8. d. 47 0 26 0 27 0 47 26 27 0 0 0 31 29 31 31 3 0 0 0 Fri. London Petroleum Market.— 2875—SBta.rk Mon. d, Sat. d. Pet’leum, ref. $ gal... /a>6*4 Pet’leum, spirits “ ft .. .. .. .■@6% @ . . . . Tues. d. ® c . Wed. d. • • • '®7% . Thurs. 'S'6% • .. .. .. Fri. d. d. © .. '2> .. @ ® ial audl^iscjellanjeffus Hears. Imports Exports and for the Week.—The imports of last week, compared with those of the preceding week, show increase in dry goods and a decrease in general merchandise. The total imports were $6,702,469, against $6,512,315 the pre¬ an ceding week and $7,427,788 two weeks previous. The exports for the week ended Sept. 2 amounted to $9,982,608, against $6,211,377 last week and $7,082,345 the previous week. The following are the imports at New York for the week ending (for dry goods) Aug. 28 and for the week ending (for general merchandise) Aug. 29: FOREIGN IMPORTS AT NEW YORK FOR THE WEEK. 1877. 1878. 1879. $1,660,928 1876. $2,493,116 $2,093,449 General mdse... $2,608,069 2,806,183 3,552,978 4,027,352 4,094,400 Total week Prev. reported.. $4,467,011 $6,046,094 221,342,417 $6,120,801 $6,702,469 195,418,893 186,794,942 203,207,081 Dry Goods 1..$199,885,904 $227,388,511 $192,915,743 $209,909,550 Tot. s’ce Jan. 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. 2: EXPORTS FROM NEW YORK FOR THE WEEK. 1876. 1877. For the week.... $5,540,558 Prev. reported.. 169,772,324 1878. 1879. $7,260,965 $7,625,433 175,537,610 223,323,485 $9,982,608 211,079,140 1..$175,312,882 $182,798,575 $230,948,918 $221,061,748 Tot. s’ce Jan. The following will show the exports of specie from the port of New York for the week ending Aug. 30, 1879, and also a comparison of the total since January 1, 1879 with the sponding totals for several previous years: corre¬ AUg 26—Str. France Havre taining silver. Am. 30—Str. Main London 30—Str. Britannic Liverpool bars $325 con¬ taining gold.. 970 11,407 Am. silv. bars. 25,000 184,438 ($221,170 silver, and $970 gold) $222,140 Previously reported ($9,935,612 silver, and $1,944,868 gold). 11,880,480 Total for the week Tot. since Jan.1,’79 ($10,156,782 silv., and $1,945,83S gold).$12,102,620 Same time inSame time inSame time in1878 $10,248,597 1874..... $41,449,354 1870 $46,608,939 1877 22,739.636 1873 40,730,429 1869 25,217,626 1876 39,482,682 1872 56.916,602 1868 65,022,531 1875 40,939,922 54,2^6,201 1867 62,331,172 1871 The been Aug. imports of specie at this port for the same periods have as 25—Str. 25—Str. The Sat. Sat. d. s. follows: Acapulco A spin wall gold Foreign silver. Foreign gold... * - of Merida...Havana Hac(ji Liverpool Hamilton Curacoa Curacoa gold Am. gold. ^Foreign gold... Gold bars Am. silver Am. gold Am. silver gold S.Jago & CienfuegosAm. silver Am. gold Foreign silver. Foreign gold... City of Para St. Thomas Am. silver gold Am. gold Am. Bothnia 28—Str. Atlas 28—Str. Niagara 30—Str. Mosel. Am. silver Am. Am. Santiago Canada Gold bars Gold dust Silver bars Foreign silver. Foreign gold... Bristol & Aquadilla. Am. silver 25—Str. Britannic 25—Str. Bermuda 26— Str. Am. silver Am. 25—Str. City t Decrease. Silver, Liverpool Breadstuff* Market the Stock Exchange has been upon the most restricted scale, but quotations have been tolerably firm. Money being abundant, sound stocks have been in request, and consols have improved in value. To-day, the Stock Exchange Business Liverpool Gold bars . .Liverpool Foreign gold... Gold bars Jaemel* AuxCayes.Ain. silver Havana Bremen Foreign gold... Gold bars $6,348 1,800 2,070 431 348 8,000 4,551 2,606 5,893 189,354 156,705 53,303 5,631 3,398 389,520 943 8,883 164 100 15,536 666 1,200 1,356 14,048 387 268,058 369,453 121,780 992,245 1,850 233,700 102,197 Total for the week ($291,973 silver, and $2,670,551 gold) $2,962,524 Previously reported ($5,590/732 silver, and $4,145,055 gold). 9,735,787 Tot. since Jan. 1,’79 ($5,882,705 silv., and $6,815,606 gold).$12,698,311 THE CHRONICLE 244 [Vol. XXIX £ $14,737,741 1878 1877 1876 1875 Same time in- Same time in- Same time in- 8,797,834 3,423,546 8,376,717 1874 $4,197,706 1873 1872 1871 3,058,749 2,885,404 7.596,816 $7,751,653 1870 1869 1868 Redeem’d and retired from Jan. 14/75, to date Sun-ended between same dates $77,347,391 Total redeemed and surrendered Issued between same dates $88,63 4,693 9,875,312 5,642,991 Canal Toli^ and Business.—Mr/G. W. Seliuyler, the Canal Auditor, furnishes the following comparative statement, showing the total quantity (in tons) of each article cleared on the canals from Aug 22 to Aug. 30, inclusive, 1878 and 1879: 1879. 1878. $48,246 $42,185 Tolls Total miles boats Articles. Boards& scantling • 46,522 51,033 369 700 Timber Staves 1,076 Wood 1,551 2,125 1,026 2,419 Shingles 806 Ashes, pot & pearl 108 *Ashes, leached... 1,156 o Oats I Bran & 30 ship stuffs. Peas and beans... ...... 27 5 241 30 Apples Potatoes *Dried fruit ♦Clover & gUsseed 2,369 3,540 734 265 89 horseshoes 249 171 3,672 17,385 Railroad iron 64 659 1,235 Flint, enamel, crock’ry, glassw. All other mdse.... Stone, lime & clay Gypsum Anthracite coal... Bituminous coal.. ore 223 201 4,944 6,992 1,242 25,676 11,437 10,867 5,130 8,052 or earth oil, cr’de A ref’d. Sundries 844 27,409 7,669 12,606 Petr’leum i 2 23 1 32 2,225 6,957 7,405 228,316 213,190 Total tons 468 ♦Flaxseed * 31 417 322 478 Iron and steel Articles marked thus are in the “Free List/’ Comptroller of the Currency, showing by States the amount of National Bank circulation issued, the amount of Legal-Tender notes deposited in the United States Treasury to retire National Bank circulation, from June 20,1874, to Sept. 1,1879, and amount remaining on deposit at latter date. Statement of the Greenbacks— On deposit in the Treasury June 20, of insolvent and liquidating banks On ders To retire issued s’ce Redempt’n June 20, of Notes of Circulat’n under Act 1874. Liquidat - of J’ne 20, States and Territories. on deposit with U. S. Treasurer at date. Total Deposits. ing Banks 1874. $ 1,416,180 Maine N. Hampshire 504,865 Vermont 1,636,310 Massach usetts 14,725,465 Rhode Island. 771,300 Connecticut 2,239,540 New York 17,245,675 New Jersey... 1,675,165 .. Pennsylvania Delaware Maryland .. .. .... Diet. Columbia Virginia West Virginia. N’rth Carolina S’th Carolina . 8,396,530 173,275 670,610 455.500 674.500 56,170 1,172,660 45,700 Georgia 415,950 Alabama 45,000 207,000 Florida Mississippi.. 1,238,630 116,100 94,500 94,500 673 366 2,099,250 2,745,000 229,340 239,340 144,000 629,867 144,000 1,441,933 280,901 533,859 998,510 1,483,319 1,135,597 3,607,410 2,984,222 5,488,483 6,377,746 2,092,495 878,439 1,554,955 258,528 2,465 9,292 413,085 121,831 794,554 1,107,244 1,751,678 908,369 731,060 128,200 287,725 645,750 10,000 144,000 Kentucky .... Missouri Ohio Indiana Illinois. Michigan...... Wisconsin 128,835 34,936 302,831 127,965 227,046 39,805 99,970 1.812,980 835.164 1,788,879 1,001,060 1,140,785 953,380 725,400 .... Iowa Minnesota.... Kansas Nebraska 3,458,240 534,800 569,260 2,212,980 2,795,480 1,856,785 1,472,890 582,530 1,272,400 917,900 138,600 67,500 420,095 781,721 45,000 1,316,445 188,080 2,071,800 814,760 4,605,920 4,467,541 6,624,080 7,954,380 2,456,995 1,505,299 2,340,124 1,736,540 972,271 233,080 135,083 161,191 27,300 149,400 196,800 45,000 284,483 357,791 72,300 1,576,634 364,500 626,860 785,169 190,550 971,424 443,685 353,632 448,834 298,181 275,521 11,619 2,108 Nevada (Colorado 455,400 23,400 Utah Montana Washington .. Dakota California 44,600 99,000 54,000 27,000 Totals 30,987 21,602 4,180 3,813,675 ♦Legal tenders 70,851,890 17,016,078 72,321,908 93,151,661113,037,038 Deposited prior to June 20, 1874, and remaining at that date. The following is a statement of the Comptroller of the ,v Notes.—From the Comptroller of the Currency, Hon. John Jay Knox, we have the following statement of the currency movements and Treasury balances for three months past: JJ. S. Bonds held as security for Naliotial Banks— June 30. Bonds for circulation deposited... $8,732,100 Bonds for circulation withdrawn. 7,899,800 Total held for circulation 354,254,600 July 31. Aug. 31. $12,690,750 $9,310,050 14,527,400 14,747,000 259,650 1,787,850 259,700 12,135,698 13,305,357 13,037,038 35,318,984 35,318,984 35,318,984 as security for deposits 14,446,500 Legal-Tender Notes.— Deposited in Treasury under act Bonds held of June 20,1874 Total now on deposit, including liquidating banks Total entered under act of Jan. 14, 1875 Total amount of greenbacks out¬ 13,743,550 7,872,900 353,201,800 355,638,950 346,681,016 346,681,016 346,681,016 standing 1,428,480 1,277,094 Circulation retired 955,430 688,890 ’ 1,628,130 774.720 Total notes Outstanding- Currency.328,224,197 328,490,737 329,344,147 Gold..... 1,467,500 1,467,500 1,448,840 Notes rec'vd for redem’n from— New York Boston 3,300,000 5,594,000 3,653,000 3,411,000 565,000 3,300,000 287,000 2,300,000 $13,223,000 $9,187,000 Philadelphia.. Miscellaneous. 2,062,000 2,286,000 236,000 1,731,000 $6,315,000 Manhattan (N. Y. City) Railway.—The two .elevated rail¬ roads will in future be united and, underlease to the Manhattan designated the Western and Eastern Elevated road, will bo divisions. The Eastern division includes the Second and Third avenue roads and the Western the Sixth and Ninth avenue roads. Robert Stewart has been appointed to the office of general superintend¬ ent on the Eastern division and Mr. Van Brocklin general super¬ given this time in order to allow an appeal to be perfected to the Oc¬ tober term of the Supreme Court of the United States.. The suit was brought to test the right of the present corporation to purchase the property and also to test the issued for that purpose. validity of the bonds —The attention of the cotton interest is called to the card of Messrs. Mohr, Hanemann & Co., 123 Pearl street, New York City.. This fiym has recently been organized, and is composed of Messrs. Wm. Mohr and Clemens Fischer, Mohr & of the late firm of Wm. Co., and Mr. H. Wm. Hanemann, son of Mr. J. T. Hane¬ late of the old and favorably-known firm of Knoop, Hane¬ mann & Co., of this city. These gentlemen are well known in the cotton trade and in the South, and are active and well qualified to execute orders, receive consignments, or transact any business entrusted to their house. —We call attention to the card of Messrs. Owens & Mercer, No. 7 Exchange Court, New York. They have recently added to their banking and stock business a produce department, and offer reasonable terms for the purchase and sale of “ futures ” on the New York Cotton and Produce Exchanges.. This firm also issue a daily letter for their correspondents, giving much mann, valuable information to parties desiring to keep posted. The gentlemen composing this firm are well and favorably known on the street, and they do business strictly on commission. —The Ontario Silver Mining Company declares its fortyseventh dividend of 50 cents per share (for August), payable at Wells, Fargo & Co/s on the 10th. The 15th. Transfers close on the production of the mine from August 1st to assay 29th was value. BANKING AND FINANCIAL. FIRST-CLASS INVESTMENT. . Redeemed and retired between same dates... 2,767,232 $25,000 BONDS 8 PER CENT SEMI-ANNUAL INTEREST, WOOD COUNTY, KANSAS. One of tbe most fertile in $35,318,984 346,681,016 14,1875 U. S. Legal Tenders and National Bank National Bank Notes— Outstanding when Act of June 20,1874, was passed $349,894,182 Issued from June 20, 1874, to Jan. 14, 1875 $4,734,500 Outstanding January 14,1875 80,114,623 $13,037,038 Retired under Act of January Outstanding at date Cur¬ $124,344, rency, showing the issue and retirement of national bank notes and legal tender notes, under the Acts of June 20, 1874, and January 14, 1875, to September 1, 1879: Increase from June 20, 1874, to $93,151,661 dates, decision 1,646,380 427,500 880,510 270,000 1,012,585 953,380 437,675 166,600 407.664 89,337,986 244,531 48,469 154,000 intendent, and T. T. Onderdonk assistant, of the Western divi¬ 603,016 sion. 86,522 Ohio & Mississippi Railway.—Judge Drummond has just 262,611 1,928,455 1 rendered a decision in the suit of Dimpfel against this company, 379,112 the demurrer to the bill. The was at 1,047,445 sustaining . Louisiana Texas Arkansas Tennessee $ $ $ $ 600,000 917,000 317,000 128,797 55,800 72,997 169,097 1,069,840 1,238,437 234,800 6,605,500 6,840,300 767,735 32.350 735,385 65.350 1,501,830 1,567,180 2,135,398 18,838,850 20,974,248 151,660 1,517,280 1,668,940 1,100,311 6,156,986 7,257,297 . . $3,813,67o deposit at date Total Legal Ten¬ Circulat’n 1874, to retire notes Total deposits Circulation redeemed by Treasurer oetween same without re-issue Legal-Tender Notes Deposited to Additional $329,344,147 Outststanding at date National Bank Circulation— New circulation issued Retire National Bank Circula¬ tion since June 20, 1874. $22,517,303 14,1875, to date 386 4,523 49,807 435 71 4 i.,423 Nails, spikes, and Iron ♦Uumanuf. tob— *Hemp 5 11 66,117,390 banknotes 22 220 14 -• :... Deposited from June 20, 1874, to date, to retire national 756 ♦Coffee 12 181 166 61 10 2 3,137 2 20 229 4 1 1 961 289 80 370 673 6,199 Molasses 127 700 Barley malt Foreign salt ...... 34,345 Corn ♦Corn meal Cast’gs & iron w’re * ♦Domestic wT’lens. ♦Domestic cottons Domestic salt 8 14 13 39 86 119 50,289 3,896 Rye Bloom & bar iron. Sugar *Lard, tallow, and lard oil ♦Wool Hides ♦Flour Wheat Tons. Pig iron 469 5 2 12 ♦Pork *Cheese Tons. ♦Domestic spirits. ♦Oil meal & cake... ♦Leather Furniture ♦Bar and pig lead. Tons. 1 Tons. 1879. ♦Hops 361,423*402,719 cleared 1878. Articles. Decrease from January 11,287,302 January 14, 1875 1,967,268 $351,861,450 For sale at par GREEN tlie State. and accrued.interest. RIPLEY & COMPANY, 66 Broadway, N. Y. September 6, THE 1879.] CHRONICLE. 245 - . ^Itje jpatrtuers' C5 alette. NATIONAL BANKS ORGANIZED. The United States Comptroller of the Currency furnishes the following statement of National Banks organized the past week: 2, 431—First National Bank of Alameda, California. Authorized capital, $50,000*. J. E. paid-in capital, $25,000. Baker, Cashier. Levi Janks, President ; Authorized to commence business August 26, 1879. 2,432—Scotland County National Bank of Memphis, Missouri. Author¬ ized capital, $50,000; paid-in capital, $50,000. James W. Harris, President; John W. Barnes, Cashier. Authorized to commence business September 2, 1879. DIVIDENDS. The following dividends have recently been announced: Per When Books Closed. Cent. Payable. (Days inclusive.) N. Y. Elevated (quar.) 2*a Raleigh & Gaston 3 Oct. 1. Oct. 1. Name of Company. Railroads. FRIDAY, SEPT. 5, The money market and Financial Sept. 21 to Oct. 1. 18 79-5 P. JR. Situation.—The week has shown considerable activity at the Stock Exchange, with prices generally buoyant. The return of Mr. Jay Gould from Europe has been followed by a considerable advance in the prices of the stocks of those roads embraced in his United States active this week, ■ - Bonds.—Government bonds have been on a generally good business. more There has been well-distributed demand from the different classes of a buyers. paid during August, the settlements with the banks, &c., were as follows: There were redeemed of called bonds $37,595,400, as follows: Loans of 1858, $5,000; 5-20s, $11,593,900; 10-40s, $25,996,500; of the proceeds of which $25,049,418 were paid by checks, and $13,155,376 were credited in loan account to the depository banks. The balance on loan account to the banks on July 31 was $86,537,170; at the close of business August 30 it was $25,520,970, showing a reduction of the balance during the month of August of $61,016,199. The amount of called bonds outstanding Septem¬ ber 1, 1879, is $43,846,074. Closing prices at the N. Y. Board have been as follows: The called bonds Interest Periods. 6s, 1880.. 6s, 1880.. 6s, 1881.. 6s, 1881.. 5s, 1881.. 5s, 1881.. 4*23, 1891 reg. J. J. reg. J. coup. J. & & & & Aug. Sept. Sept. 30. Sept. 1. 2. 3. J. 103% J. *103*4 J. 10438 J. 1043s reg. Q.-Feb. *102*8 coup. Q.-Feb. *102*8 reg. Q.-Mar. *104*8 4*28, 1891 coup. Q.-Mar. *105*4 4.8, 1907.. reg. Q.-Jau. *101*8 4s, 1907.. 101*8 coup. Q.-Jan. 6s, cur’cy, 189 5.. reg. J. & J. *121 6s, cur’cy, 1896..reg. J. & J. *121*4 6s, cur’cy, 1897..reg. J. & J. *122 6s, cur’cy, 1898..reg. J. & J. *322 6s, cur’cy, 1899..reg. J. & J. *122*4 1033s *103*4 10338 *103*4 104*2 *10438 10438 *10438 10238 102*8 102*4 102*4 *104*4 *104*8 *x04*4 *104*8 x00*4 'T00*8 101*8 101*8 *121 *121 *121*2 *121 *12134 *121 *122 *121 *122*4 *121 *103*4 103*4 104*2 *1043s ‘102*4 102*4 Sept. 4. Sept. 5. *10338 *10338 *103*4 *103% 104*2 *104*2 *10438 *104*2 102*4 1023g *102% 1023s 104 104*8 1043g *104*8 *104*8 104% *100*8 100*4 100*2 101*8 *121 *121 *121 *121 *121 101*8 101% *121 *121 *121 *121 *121 *121 *121 proposed combina¬ *121 *121 *121 tion, reaching from Omaha and Kansas City on the west, to This is the price bid: no sale was made at the Board. Toledo and Detroit on the east. The progress of absorption and The range in prices since January 1, 1879, and the amount extension by the great railroad corporations of the northwest of each class of bonds outstanding Sepl. 1, 1879, were as goes on rapidly, and the mileage of new road built and acquired follows: by them during the present year is something remarkable. This Amount Sept. 1, 1879. Range since Jan. 1,1879. week one of the most important of these transactions lias been Lowest. Highest. Registered. Coupon. consummated in the lease to the Chicago Rock Island & Pacific Company of the Burlington Cedar Rapids & Northern—the same 6s, 1880-1.. cp. 103*4 Aug. 29 107% June 23 $205,075,300 $77,661,050 5s, 1881 101% Aug. 27 107*2 Jan. 15 273,482,800 234,957,550 lease in substance having already been offered to and accepted by 4*23, 1891.. cp. 104 Mch. 21 108 cp. May 21 166,108,950 83,891,050 99 1907 cp. Apr. 1 103*2 May 21 466,386,300 270,012,500 the Chicago & Northwestern Railway. The eagerness of this 4s, 119*2 Jan. 128 68, cur’ncy.reg. 4 64,623,512 May 31 sort of operation, in which reorganized railroads are taken up Closing prices of securities in London for three weeks past and with a permanent guarantee of interest and dividends, is worthy the range since Jan. 1, 1879, were as follows: of the thoughtful consideration of stockholders. The leases in most, if not all, cases require their approval, and if there is any Aug. Aug. Sept. Range since Jan. J, 1879. 22. 29. 5. Lowest. Highest. question in each case whether or not the lease will be remunera¬ tive, tlih subject should meet with thorough investigation when it U. S. 5s of 1881 105*2 105*2 105*2 105 July 16 109% Jan. 4 U. S. 4*23 of 1891 108*4 108*4 10S 106*2 Mch. 24 110 May 2 is presented to stockholders for their approval. At all events, U. S. 4s of 1907 105 101 10434 104% Mcli. 26 105*2 May 22 and without regard to any specified leases or contracts, it is evi¬ State and Railroad Bonds.—There has been dent to the most casual observer that our railroad history is re¬ very little doing in Southern State bonds. peating itself. From 1868 to 1873, in the five years preceding Railroad bonds have been active and generally strong. The the panic, the large railroad corporations were extending them¬ Erie second consolidated fluctuated considerably and the bonds selves in every direction, and leases and consolidations were very sold largely, closing at 74£1x75. The Burlington Cedar Rapids numerous, it being rather the exception than the rule that a & Northern made a sharp advance to 91 £ on the prospect of a 5 prominent railroad corporation did not absorb all the minor lines per cent guarantee under the lease to Rock Island. within its reach. The two most notable exceptions to this policy Messrs. A. H. Muller & Son sold the following at auction : at that time were the New York Central and the Chicago & aSV$ CL7*CS Bonds. Rock Island Companies, for although the former did consolidate 60 Broadway Bank, $3,000 Evansville & III. RR. $25 each 218*2 (Ev. & Crawfordsvillc) with Hudson River and lease the Harlem roads, these were 20 Broadway Insurance Co., 1st mort. extended 7 already virtually a part of the main line, and the Central never $25 each 207*2 per cent bonds, due * - burdened itself with lateral roads. So far as these two roads are concerned their relatively cautious management at that time has been sufficiently justified by the result, as both have earned and paid in every year s;nce a dividend of not less than 8 per cent. It would be far too broad an assertion that leases do not pay the lessee in case the net earnings of the leased road fall short of the 40 Tradesmen’s necessity for the lessee to have control of it. But the purpose of these remarks is simply to call the attention of stock¬ holders to the fact that a permanent lease at a fixed rental is a contract of so great and lasting importance for or against the in¬ terests of the lessee company, that it should never be entered into -without the most careful consideration. Our money market has relaxed this week, and the prevailing rate for call loans has been 5(a6 per cent. Prime commercial paper of 60 to 90 days sells at 5i@0 per cent, according to the time it has to run. The Bank of England weekly statement on Thursday showed a loss of £190,000, but the reserve was 58 3-16 per cent of liabili¬ 1887...* 105 Company, $25 each 182 106*4 Closing prices of leading State bonds for two weeks past, and since Jan. 1, 1879, have been as follows: tbe range rental paid, because the business of the main line derived from the leased road may be more than sufficient to equal the deficit, or the location of the leased road may be such that it is a para¬ mount National Bank, $40 each 3 Rutger’s Fire Insurance States. Aug. Sept. 29. 5. Louisiana consols *37 *37 *105 *22*2 *22 Missouri 6s, ’89 or ’90 North Carolina 6s, old Tennessee 6s, old Virginia 6s, consol 7lo do 2d series. District of Columbia 3-65s... * *30% *30% *80 *80 ‘ 84*2 Range since Jan. 1,1879. Lowest. 36 103% 18 30 Highest. July 24 69 Mch. 6 Jan. 5 107% June 10 Feb. 8 25% June 14 Aug. 20 73% June 20 41 % Apr. 29 79*2 Jan. 3 42 Feb. 13 73% June 20 44 Mch. 28 88% May 23 This is the price bid; no sale was made at the Board. Railroad and Miscellaneous Stocks.—The stock market has been more active than last week, on very strong prices. The coal stocks and Erie, which were then among the weakest, have materially recovered, and close at a considerable advance in prices. The letters of Mr. Gowen and Mr. Dickson on the coal question appear to be accepted as foreshadowing some sort of combination among the coal roads. The granger stocks have been very strong, and close several points above last week’s The last statement of the New York City Clearing-House banks, issued August 30, showed an increase of $1,278,425 in the excess figures—an increase of earnings in August, and tbe prospect of above their 25 per cent legal reserve, the whole of such excess a heavy grain traffic throughout tbe season, being made the basis for the upward turn. The Northwest stocks have not appar¬ being $3,759,650, against $2,481,225 the previous week. The following table shows the changes from the ently suffered from the loss of the Burlington & Cedar Rapids previous week and a comparison with the two preceding years. lease. Among the most conspicuous of the low-priced stocks. have been Wabash and Kansas City & Northern preferred and 1879. Differ’nces fr’m 1878. 1877. common, which are embraced in the Gould combination. Chic¬ previous week. Aug. 30. Aug. 31. Sept. 1. ago St. Paul & Minneapolis stock has sold up sharply within a few days, and closes at 46£, on the rumors of a lease to the Loans and dis. $258,160,300 Dec.$5,409,800 $239,431,700 $243,778,700 Specie 19.684,700 Inc. 53,600 17.000,300 16,030,100 Northwestern ; and any rumor of any sort of lease gains credence Circulation 20.942,500 Inc. 115,000 19,438,700 15,383,300 on the street at the present time. The Vanderbilt stocks have Net deposits 228.817,400 Dec. 7,136,500 216,164,100 209,450,700 not been particularly active, and Lake Shore closes at 87£, Mich¬ Legal tenders. 41,279,300 Dec. 559,300 53,948,500 48,130,100 igan Central at 81£. ties, against 58f the .previous week; the discount rate remains at 2 per cent, while bills in the open market are about per cent. In the Bank of France specie decreased 30,861,000 francs. .. . THE CHRONICLE. daily highest and lowest orices have been as follows: The Saturday, Aug. 30. 58 Canada South. Monday, Sept. 1. 40% pref. 59 55% 79% 13-% 89-% 118% 23% 50% 52% pref. 21% 22% 54% 57 pref. 12 17 8i.L. & S.Fran. 1st prf. Sutro Tunnel. Union Pacific.. Wabash West. Un.Tel. do These are 12 17 38% 51% 7% 46% 57% 19% 61% 93 94 M 40 46% *10 .... 51% 7% 43% 58% 20% 43% 85% 86% 62 60% 87% 87% 54% 54% 80 80% 15 15% 90% 96% 118%11“ 24% 25 48' 16% 47 10% 97% 98% 98% *138% 40% 43% 51 51% 7% 7% 47U 48 58 58% 20% 20% 42% 43% 85% 65% 80 54% 55 80 81% 60% 86% 88% 15% 91% 118% 25% 48% 10™ 91% U8% 27% 50 *....155 22% 57 Wk 37% 93 the prices bid and asked; 27% 23% 28% 28% 22% 23% 23% 24 57% 59 58% 60 12% 13% 13% 13% 17% 18% 18% 19 42 42% 43% 43% 44 4 4 4% *.... 4% 78% 78% 78% 78% 79 39 38% 39% 39% 40 94 93 93% 93% 94 no sale was made at the Board. 22% 57% 12% 17% Total sales this week, and the range in prices for since Jan. 1, 1879, were as follows: ’ 88 88 10% 17% 45% 45% 45% 46% 40Q 47% 16% 17% 16% 10} 10% 10% 17% 18% 17% 18% 17% 18% 12% 17% 4% 77% 78% 36% 37% 97% 139 40 41 41 4" 90 65% 97% 97% 39% 139 40 40 51% 51% 7% 7% 47% 47 53% 57% 19% 19% *138% *154 *27 St,L&I.M.assd St.L.K.C.&N. * 97% 40ty 16% 16% 18fc 59% 605 51% 52} *88 90 65 65% 55% 54% 54% 80% 79% 80% 14% 14% 15% 90 90 90% 118% 24% 45 *58% 60 50% 51% 96% 90% 96% 96% 96% 90% 59 16% 17% Friday, Sept. 5 65% 66% 66% 67“ 96% 9" 75% 75% 75% 76% 76% 78% 77% 79} 05 59% 45 Thursd’v, Sept. 4. 114* ‘ 114" *113% 14% 114% 114% 114% 1145 86% 86% Panama do 51% 52 *88 87 45% 59 59 87% 88% 87% 88 . do 59 40% *86 55 Illinois Cent... Kansas Pacific Lake Shore... Louisv.ANash Mich. Central.. Mo. Kans. & T. Mor. & Essex N.Y.C.&H. It N.Y.L.E.&W. do pref Northern Pac. do pref. Ohio & Miss.. Pacific Mail.... 2. . Cent, of N. J.. 47% 49 49% 51% Chic. & Alton. 87% 87} Chic. Bur. & Q. 118% 1135 113% 113% Chtc.M.& St.P. 64 64% 04% 65% do 96% 96% 97 pref. 06 Chic. &N. W.. 74% 75% 75% 75% do 97% 97% pref. 97% 98 Chic. R.I.& P. *133% .... 138% 138% Chic. St.P.&M. 38 39% 38% 38% Clev. C.C. &I. 50% 50% Col.Chic.A I.C. 7% *7% Del. & H.Canal 44% 46% 55 58 Del.Lack.& W. Han. & St. Jo.. 18% 19% do Wednes. Sept. 3. “ Sept. 58 58 58 Tuesday, 1ST8 and i Prices since Jan. Sales of Range for 1,1879. 1878. Week. Shares. Canada Southern.... Central of N. J Lowest. 2,050 45% Jan. 33% Jan. 46,515 130 950 Chicago A Alton Chic. Burl.A Quincy. Chic. Mil. A St. F... do do pref. 75 Meli. 111% Jan. 3438 Jan. 102,515 7434 Jan. 5,278 Chicago & Northw... 134,680 495e Jan. do do pref. 5,550 7678 Jan. Chic. Rock Isl. A Pac. 360 119 Jan. 21 Chic. St. P.A Minn.*. 10,660 May Clev. Col. Cin. A Ind. 34% Jau. 1,130 Col. Chic. A Ind. Cent 5 Jan. 2,255 Del. A Hudson Canal 38 Jan. 22,152 43 Del. Lack. A Western 230,800 Jau. Hannibal A St. Jo 15,577 13% Jan. 34 do do pref. Jan. 13,180 Illinois Central 79% Mcb. 1,501 Kansas Pacific 9% Jan. 14,230 67 Jan. Ijake Shore 77,424 35 Feb. Louisville A Nashv.. 6,410 7334 Jan. 6,995 Michigan Central.... Missouri Kan. A Tex. 53s Jan. 9,400 Morris A Essex 6,444 75% Jan. ... N. Y. Cent. A Hud.R. 635 N.Y. Lake E. A West. do pref Northern Pacific t... do • pref.t Ohio A Mississippi... Pacific Mail Panama 8t. L. I. Mt. A South. St L. K. C. A North. do pref. St. L. A S. Francisco. do pref. do 1st pref. Sutro Tunnel Union Pacific Wabash Western Union Tel.. 149,232 112 .... 8 141% Aug. 5 2 4 2 2 4 7,145 6,175 3,100 5,539 63,335 22,631 2 2% 343s July May 45% May 91 Aug. 67 Sept. 93 Aug. 70% May 31 23 23 7 5 12 12 21% 617s 1678 41% 7238 87 4 55 % 35 12% 71% 39 58% 75 41 10 2 94 Aug. 7% 6 48% July 31 17% Sept. 2 18% June 6 6% 12% 11% 23 % 2 160 Aug. 4 112 131 2 30% May 23 5 15% 2 24 3% 7% Sept. 4 2 60 Jan. 26% Sept. 4 19 8 Jan. 13% Sept. 4 1% 4% Jan. 21 19 5% 1% Sept. 4 Jan. 23 44% Aug. 22 5% 11% 5 Jan. 16 3% 4% Mch. 17 Feb. 19 61% 73 Jau. 31 81 Mch. 13 40 Aug. 2 12% 23 % Aug. 4 116 June 11 75% 102 Jan. Jan. Jan. 25% 3% 4% 934 238 3,500 6 June 38% 63s 59 7s 673s 89 121% June 14 103% 115 29% May 7% 22% 5 54 May 5 21% 38 17% Sept. 5 4 734 Jan. 1038 Jan. 13 123 13 7 Aug. 90% Jan. 27 18% May 15 57% 17% 885s 1,309,984 1,166,270 17,399 14,693 7,005 6,883 19,194 14,529 DubuqueA S.City.3d wk Aug. 16,735 16,090 Frank" AKokomo. July 4,580 3,088 Chic.&NorthwestJuly Chic. St. P. & Min.3d wk Aug. Clev. Mt. V. A D. .3d wk Aug. Dakota Southern. July Gal.Har.AS. An.June 91,482 Gal. Houst, & H..July 27,085 Grand Trunk. Wk.end.Aug.23 165,016 Gr’t Western. Wk.end.Aug.29 89,378 Hannibal & St. Jo.3d wk Aug. 31,051 Houst. & Tex. 0.. July 186,848 Illinois Cen. (Ill.).. July 453,159 do 102,945 (Iowa)..July Tnt.&Gt. North.. 3d wk Aug. 27,922 Kan.C.St. J. A C.B.July 135,467 Kansas Pacific....4th wk J’ly 117,363 Mo. Kans. & Tex.. 4th wk Aug 109,830 Mobile & Ohio July 110,674 Nashv.Ch.ASt. L.July 133,590 N.Y.L. Erie & W. .May 1,350,274 Pad.AEli2ahetht.3dwk Aug. 6,710 Pad. A Memphis.. 3d wk Aug. 3,088 Phila. A Erie July 241,018 Phila. A Reading. July 1,303,522 leading stocks were as follows. Union Pacific. Wabash St. Paul. North¬ west. Del. L. Central N. Y. L. A West. of N. J. E. A W. Lake Shore. " " M 2 3 4 5 16,700 12,650 21,300 10,700 13,035 19,710 7,850 25,120 11.200 19,900 16,040 7,985 14,625 38,210 37,920 28,480 59,800 50.300 34,400 20.300 37,520 4.550 11,625 11,820 6,900 5,220 6,400 16,150 11,410 8.440 23,350 41,290 48,592 8,345 7,600 4,122 12,250 25,107 20,000 Total. 63,335 102,515 134,680 230,800 46,515 149,232 77,424 Whole stock. 160,000 154,042 149,886 524.000 175,400 780,000 494.665 .. The total number of shares of stock outstanding is given in the last line for the purpose of comparison. The latest railroad earnings and the totals from Jan. 1 to latest dates are 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. tioned in the second column. * and including, the period men¬ /—Latest earnings reported.—> ,-Jan. 1 to latest date.-> Week or Mo. 1879. 1878. 1879. 1878. Ala.Gt.Soutliem.June $23,263 $20,950 $ $ Atch.Top. A S. F.3d wk Aug. Atl.&Gt. West...July Atlantic Miss. AO. July Bur. C. Rap. AN..3dwkAug. 144,000 Burl. AMo.R.inN. June 140,736 358,105 138,224 29.977 117,338 307,188 127,441 23,740 90,590 Cairo A 8t.Louis.. 2d wkAug. 6,010 4,793 Central Pacific...July 1,442,000 1,533,702 Ches. A Ohio.. ..July 173,383 140,262 ChieogoA Alton. 4th wk Aug 143,378 Chic. Burl. AQ...June at. Ill..J" * 1,160,968 * 3,592,018 2,181,839 853,710 838,913 862,686 142,513 9,231,320 986,191 889,251 952.483 735,081 137,980 9,367,807 1,044,678 141,387 3,302,963 897,090 6,510,239 3,000,747 6,417,791 194,391 5,536,496 2,996,315 1,109,781 1,176,760 3,029,318 906,238 752,499 227,868 124,301 596,576 19,003 85,058 24,466 164,208 89,089 48,002 146,637 455,728 112,302 27,415 98,916 93,476 778,971 859,825 113,704 July -.. 4th wkAug 1,068,049 183,197 937,972 201,203 2,899,461 Exchange.—Foreign exchange is quiet and without 3,148,544 any par¬ Bankers’ sterling bills are sold to-day on a basis of 4.81(34.81 i for sixty-day bills, and 4.83^04.83^ for demand. In domestic bills the following were rates on New York to-day at the undermentioned cities: Savannah—buying par, selling £ pre¬ mium ; Charleston—easy, 3-16 selling, £ premium ; New Orleans ; bank, £ premium ; St. Louis—75 dis¬ Chicago—firm, 1-10 discount buying; 1-10 premium sell¬ ing. Boston, 12£ cents per 1,000 discount. The quotations for foreign exchange are as follows : —commercial, £ premium count ; 60 September 5. Prime banker’ sterling bills on London. Good bankers’ and prime commercial... Good commercial Demand. days. Documentary commercial..; 4.803*3 4.82 4.80%@4.81 4.79% 3)4.8014 4.79 '2)4.79% Paris (francs) 5.28%®5.24% Antwerp (francs) Swiss (francs) Amsterdam (guilders) Hamburg (reichmarks) Frankfort (reichmarks).... Bremen (reichmarks) Berlin (reichmarks) 5.28%2'5.24% 5.283* 3'5.2438 39%2> 39 78 93%2> 93% 93%2> 93^8 93%2> 93% 93*4® 935s The following are $4 81 Napoleons 3 82 X X Reichmarks. X Guilders 4 72 3 93 3$4 85 3 4 4 315 315 3 3 3 Span’h Doubloons. 15 50 85 76 00 65 60 . Mex. Doubloons.. 15 45 Fine silver bars 1 11%3 1 12% Fine gold bars.... par.3%prem. .. Dimes A % dimes. Silver %s and %s. Five francs Mexican dollars.. English silver Banks.—The following are banks for a series of weeks past: 2l! * “ “ June “ “ July 28.. 5.. 12.. 19. 26.. 2.. 9.. 16.. 23.. 30.. 7.. 14.. 21.. 28.. Aug. 4.. 11.. 18.. 25.. Sept. 1.. * 139,W)1,100 138.300.400 137.469.400 134.192.600 133.226.500 132.953.200 130,296,000 130.331.800 129,489,000 129.973.500 130.510.500 130.963.600 130,583,300 134.824.800 129,931,700 128.606.500 127.896.500 128,035,500 129,133,000 130,578,100 131.174.200 129.447.200 3.646.200 3.684.300 3,655,800 3,027,700 3.600.100 3.583.200 3.556.100 3.577.700 3.563.400 3.948.500 3.559.400 3.557.700 3.547.400 3.585.200 3,020,400 3.590.900 3,572,600 3.567.500 3.561.200 3.496.300 3.474.900 3.581.200 4.294.700 3.805.800 3.483.700 3.827.800 3,863,000 4.194.300 3.589.200 3.165.800 . 34, 81% 5.261-135. 217s 5.261435. 217s 5.261435. 217e 393*3 40 937e3 94% 93%3 94% 937s3 94% 937s3 94% 3.886.700 4.168.200 4.165.500 4,118,400 4.433.500 4.717.100 5.433.900 5.390.800 5.386.300 5.354.200 5.643.900 5.159.100 4,777,000 4.375.200 — — — — 99 %® —100 99 %® —100 92 87 4 75 3 3 95 — 87% 3 4 80 — 68 3 99%3 — 993*3 — — — — 70% 99% par. Circulation. Agg.Clear. $ 64,221,500 63,371,000 02,998,000 60,252,400 60,023,900 *42,865,800 *44,103,900 *44,101,200 *43,895,000 *44,391,200 *43,997,000 *43,606,400 *44,795,300 *45,332,100 *45,858,600 *47,067,900 *46,772,700 *46,838,500 *46,854,900 *45,803,800 *44,409,300 *42,945,600 25.827.800 20^)14,200 26,215,000 20.230.200 26.299.600 26.228.800 26.218.400 20.369.200 26.437.800 26,569,000 26.704.100 26.675.100 26.578.300 26,640,000 26.915.300 26,538,700 Philadelphia Banks.—The totals of the 44,676,942 47,207,392 51,936,077 47,978,840 50,505,511 50,552,817 48,456,247 46,516,810 44,033,227 51,329,031 49,413,570 45,176,063 47,775,068 51,738,637 20,572,500 47,866,112 49,241,607 43,383,417 26.635.200 26.700.600 26.749.800 26.832.100 26.981.400 43,253,354 43,813,373 48,193.104 51,820,024 44,612,550 Other than Government and hanks, less Clearing House are as 3 4.81 the totals of the Boston L. Tenders. Deposits. $ Specie. * April 7.. .... Prus. silv. thalers. Trade dollars New silver dollars Boston Loans. 4.83%®4 84 4.823*3)4, 83% quotations in gold for various coins: Sovereigns “ 8,250 7,310 12,025 Aug. 30 Sept. 1 244,013 5,398,860 2,747,913 1,037,001 1,389,522 2,962,021 534,177 ticular change in the prospect. The gold received in August was about $6,000,000, and this week so far about $2,750,000 more ; but withdrawals for shipment on the other side are not as large the “ Wabash 8,221,476 . May Total sales of the week in 8,268,124 630,442 234,178 118,328 497,244 22,953 2,365,235 1.739.159 1,807,800 1,770,519 956,073 1,031,610 95,676 971,476 934,676 112,703 1,172,961 6,434,373 5,872,678 175,333 198,446 6,953 126,791 .97,769 3,763 214,081 1,595.103 1,475,733 987,721 7,998,189 6,658,145 313,045 291,075 St.L.A.AT.H.(brs)3d wkAug. 11,330 11,658 St.L. Iron Mt. A S.3d wk Aug. 101,300 96,009 2,565,621 2,439,658 St.L.K.C. A No.. 2d wkAug. 56,739 76,841 1,801,493 1,887,735 815.799 St. L. A San Frail.4th wkAug 743,709 61,300 41,400 St.L.AS.E.—St.L..3d wkAug. 419,188 385,563 23,840 15,728 St. Paul A S. City. July 349,775 332,833 47,622 47,720 Scioto Valley 173,811 145,191 July...... 28,776 28,176 Sioux City A St.P. July 188,063 207,232 28,325 27,519 Southern Minn...July 315,720 427,184 53,201' 50,392 Tol.PeoriaAWar .4thwkAug 780,392 836,161 24,527 34,722 - 23 9% 5138 62% 23% 26 Mch. 24 4 2 9 45% 13% 45% 66 34 85 99% 114% 27% 547s 64 84% 32% 55% 5934 79% 98% 122 38 5 May 21 55 10 21 6 13 2 4 3 7 /—Latest earnings reported.—* /- -Jan. 1 to latest date.-s Week or Mo. 1879. 1876 1879. 1878. Chic. Mil. A 8fc. P.4th wk Aug$249,000 $177,148 $5,537,000 $5,425,949 past few days. High. 47% Sept. 44% Aug. 30 34,720 4,420 23,030 41,395 3 63% Mch. 15 2 55 July 31 3 95 Aug. 9 7 122% Feb. 19 4 70 Aug. 6 4 97% Aug. 6 3 80% Aug. 12 3 99% Aug. 12 21% Jan. 37% Jan. 16 Aug. 7,650 2,700 4,851 29,681 Low. Highest. [VOL. XXIX. checks. Philadelphia banks follows: Loans. $ Lawful Money. Deposits. $ $ 13,701,732 14,022,748 14,516,885 14,369,637 45,111,747 46,552,535 47,238,852 47,044,599 60 174 972 14,948,989 47,026,868 59,914,320 60,160,886 60,915,891 61,429,856 61,917,078 62.030,882 61,810,186 61,740,307 62,221,496 62,171,993 61,974,527 61,415,446 61,932,961 02,740,441 62 688,249 62,972,906 62,784,728 15,353,558 16,138,678 15,919,569 15,938,439 15,790,707 15,883,014 15,311,015 15,790,181 47,786,056 49,143,430 49,633,284 49,941,608 50,363,092 50.721,250 49,713,483 50,309,722 51,378,936 51,811,642 51,512,347 51,901,368 52,980,548 52,719,432 52,015,168 51,415,789 51,565,795 59,994,059 60,554,971 60,548,117 60,122,582 10,205,151 10,533,493 16.307,440 17,405,816 17,396,893 17,590,102 17,011,709 16,308,517 10,539,218 Circulation. Agg.Clear. $ $ 11,520,122 38,653,745 11,509,940 30,561,240 11,510,236 38,407,056 11,508,643 34,295,148 11,498,821 37,642,886 11,492,197 40,018,138 11,476,011 38,955,672 11,465,857 39,353,762 11,449,130 31,805,486 46,780,676 11,431,493 11,424,901 38,804,535 11,397,218 37,579,238 11,383,105 34,442,141 11,398,306 37,789,094 11,406,080 11,423,816 11,415,745 11,400,477 11,437^10 11,438,106 11,430,589 11,445,171 34,090,465 37,197,858 34,940,697 35,745,324 35,792,049 32,011,855 31,318,858 30,002,487 THE CHRONICLE 1879 ] September 6, shows the condition of the Associated Banks of New York City for the week ending at the commencement of business on August 30, 1879 : New York Banks. Capital. Loans and discounts. Specie. Tenders Net dep’ts other than U. 8. $ $ * $ New York Manhattan Co... Merchants... Mechanics’... Union America Phoenix City Tradesmen’s. Fulton Chemical Merch’nts’ Exch. Gallatin Nation’l Butchers’&Drov. Mechanics’ & Tr. Greenwich Leather Man’f’rs Seventh Ward... State of N. York. American Exch.. Commerce Broadway Mercantile Pacific Republic Chatham People’s North America.. Hanover Irvin# Metropolitan .... Citizens’ Nassau Market St. Nicholas Shoe & Leather.. Corn Exchange.. Continental Oriental Marine Importers’ & Tr.. Park Mech. Bkg. Ass’n Grocers’ North River East River Manuf’rsA Mer.. Fourth National. Central Nat Second Nation’l. Ninth National.. First National.. Third National.. N. Y. Nat. Exch.. Bowery National N. York County.. Germ’n Americ’n Chase National.. 8/92,000 2,000,000 5,684,00C> 2,050,000 5,565,000 2,000,000 7,011,000 2,000,000 4.107.700 1,200,000 9.299.400 3,000,000 2,767,000 1,000,000 5,999,500 1,000,000 2.949.700 1,000,000 1.619.700 600,000 300,000 10.115.500 3.628.200 1,000,000 3.464.100 1,000,000 1.272.600 300,000 1,122,000 300,000 877,400 200,000 2,682,000 600,000 855,100 300,000 1,824,900 800,000 13,194,000 5,000,000 5,000,000 14,047,300 4.982.200 1,000,000 3.777.700 1,000,000 2.113.100 422,700 4,004,200 1,500,000 3.148.500 450,000 1.312.200 412,500 1.995.800 700,000 5,880,40U 1,000,000 2.457.100 500,000 3,000,000 12,565,000 1,539,000 600,000 2,025,100 1,000,000 2.333.200 500,000 1.850.800 500,000 3,027,500 500,000 3.569,300 1,000,000 1,000,000 4.370.100 1.462.500 300,000 2,373,000 400,000 1,500,000 16,322,100 2,000,000 12,440,700 589.900 500,000 225.000 673.900 240,000 250,000 100,000 3,200,000 2,000,000 300,000 750,000 500,000 1,000,000 300,000 250,000 200,000 693,700 809,000 302,200 15,518,600 9.069,000 2,277,000 4,2 i 0,000 9.194.400 7.483.500 1.193.600 1.310.500 1.103.700 1.920.700 2,083,300 750,000 300,000 Legal 1,494,200 7.934.200 495,000 170,000 616.700 774,700 3.678.500 400 4.716.200 5.573.500 3,038,000 7,054,200 2,517,000 5,783,000 1,820.900 1.224.900 11,118,900 2.926.200 72,900 44,500 121,400 ‘ 706,000 567.400 292.500 555.300 291,000 1,043,000 222.700 185.300 1,688,700 232.900 162.500 786.200 511,000 984.700 320,000 721,000 207.800 300.200 2,015,200 499.400 298.700 181,400, 34,000 13.500 200.300 64,000 78.400 1,226,000 1,182,400 371,200 368.400 542.400 290,000 662.400 308.400 302,000 623.400 866,000 133,000 453.700 386,000 107.400 23.300 2,260,000 264.500 22,o00 25.300 305,000 74.900 5.500 19.200 21,000 1,008,000 1,075,400 51.600 2,700 35.900 84.700 1,000 1.125.300 450,000 183,000 365,000 1.501.300 925,000 51.400 30,000 11.600 130.500 128,000 Specie Dec.. $5,409,800 Inc.. 53,600 Legal tenders Dec. The following are 204,300 395.100 310.400 402.500 243,000 1,089,100 201.100 490,000 3.117,900 3.100.300 72.800 103.500 164.500 63.800 108.200 2.594.500 1,420,000 418,000 539,000 1.762.300 1,309,000 .. 230,682,000 233.168.400 234.418.200 238.241.400 242.280.200 244.186.500 244,007,000 240.710.900 247.674.200 246.324.500 243.839.800 240.458.500 235.830.600 230.442.900 231.151.300 231,090,900 239.357.800 242,941,000 253.838.500 257,036,500 257.272.800 258,332,700 250,291,000 255,901,000 253.575.500 257,082,500 202.951.900 5., 12., 19.. 20.. 3. 10., 17. 24. 31. June 7., June 14., June 21., June 28. July 5. July 12. July 19. 202.719.800 260.582.600 207.280.100 272,936,000 274,311,000 263.570.100 258.160.300 July 20. Auer. 2. Aug. 9. Aug. 1ft. Aug. 23. Aug. 90. 583.300 531.400 245.400 198,000 2,700 409,900 34,500 135.000 447,000 1,514,200 891,800 177.300 905,600 402,600 5,400 - 270,000 259,200 2,‘238,000 238,500 3,900 345,700 450/ 00 450,000 4,600 778,400 358.000 1,105,500 526.800 308.800 608.400 840,700 608, tOO 351.300 14,512,200 8,011,000 2,330.000 3,870,000 10,368,000 7.979.700 837.300 174.100 308,000 1,007,000 1.109.400 1.537.700 2,159,000 309.100 138.100 442,000 week 777,900 are as 143,700 1,021,300 1,485,000 269,000 586,000 79,600 798,300 268,600 225,000 180,000 240,300 20,942.500 follows : Dec. $7,130,500 Net deposits Circulation 115,000 Inc.. 559,300 the totals for a series of weeks past: Specie. 18.902.400 17,344,000 17.431.700 18.633.300 17.849.300 18,059,500 17.931.300 10.450.500 10.945.200 17.312.400 18.803.700 18,440,800 18,365,000 18.903.900 18.875.600 18,228,100 18.510.200 18,745,000 18.703.900 18.802.400 18.785.400 18.996.700 18.780.900 19.290.900 19.606.400 19,889,000 19.971.500 20,011,700 45,055,400 49.965.800 53.599.600 54,048,800 51.135.400 48.334.800 45,377,000 42.651.800 40.593.800 39.173.400 36.972.600 34.268.900 31.815.800 30.145.400 40,072,100 45.224.500 49.440.500 53,570,700 49.150.900 43.284.900 41.791.400 42.822.800 44;S51,900 206.482.200 211.590.600 214.981.200 219.219.200 219.887.300 217.271.200 210,382,000 213.429.700 213,293,100 210.503.300 200.591.400 198.945.600 193.121.700 195.303.700 200,255,000 204.514.200 214.331.700 224.937.200 230.424.700 227,345,000 225,754,000 220.963.300 227.316.700 226,177.000 220,113,000 43.859.400 40,902,000 49.544.600 236,007,300 51.301.900 241,328,800 50.508.900 240.154.300 19.927.600 54.288.100 243.383,000 19.652.400 57.655.100 254.770.700 19.624.100 50.435.500 253.230.200 19.553.200 43,974,000 248.474.600 19.631.100 41,838,000 235,953,900 19.684.700 41,279,300 228.817.400 19,785,000 19,707,000 19,617,000 19.480.600 19.427.100 19.398.800 19.335.900 19.232.400 19,230,000 19.335.200 19.290.900 19.512.100 19.635.500 19.690.100 19.721.200 19,707,000 19.683.100 19,688,000 19.685.400 19.850.600 19.809.400 19.977.800 20,050,800 20.150.200 20,371,300 20.542.900 20.509.900 20,531,000 20.549.500 20.594.800 20,082,100 20.719.500 20.827.500 23.942.500 424,413,225 480,222,549 507,331,749 011,074,082 493,410,515 452,720,433 434,908,904 510,297,775 501,321,270 400,417,429 413,892,738 399,872,057 401,180,657 423,259,559 487,843,450 503,108,030 540,798,025 591,290,770 598.236.201 529,990,930 439,750,395 472,828,088 450,084,041 450,901,901 432,735,090 432.520,468 391,835,789 481,091,057 494,794,747 491.715.201 500,030,583 605,012,052 482,688,309 476,563,801 Manchester A Lawrence.... 102 Nashua & Lowell New York & New England... 31* Northern of New Hampshire 85* 119 Norwich A Worcester Bid. Ask. ~34% Hartford A Erie 7s. new 34* Kat. City. 8t. Jo.&C. B.7s. . 97* 98 New York* New Eng. 7s ... 103* 103* .... • . • Boston & Albany 7s do 6s Boston A Lowell 7s Boston A Lowell 6s Boston A Maine 7s Boston A Providence 7* ... Burl. A Mo., land grant 7s.. do Neb. 6s do Neb. 8s,1883.. Conn. A Passumpslc, 7s, 189 Eastern, Mass., 4%s, new. . • 114 114* 113* 112* 313 108* 109 121 .... .... do .... i05fc 87 x 103* 104 ,! j Boston A LowelBoston A Maine Boston A Providence 48* 78* •• • t • • ... Cin. 8andusky A Clev Concord Connecticut River Conn. & Passumpslc Eastern (Mass.! Eastern (New Hampshire)... .IS* 110% 7* 140 10 Fitchburg..., x. 110 Top. A Western... I Kan. City 50 13“ lo7 • 90 STOCKS. Atchhon & Topeka 107 '78* 103* Vennont&Mass. RK.,6s 119 7s.... Top. A W., 7s, 1st dp 7s, Inc 109% 120 116 119*; Burlington A Mo. in Neb.. .x 28 Cheshire preferred 47 Chic. Clinton Dub. A Min.... 115 Fitchburg RB., 6s Kan. City Colony, 7b do 08 Omaha A S. Western, 8s .... Pueblo A Ark. Valley, 7s Rutland 8s,1st mort Vermont <» Canada, new 8s.. , do 100 120 0«rdensburg A Lake Ch.Ss... Old Municipal 7s do Portland 6s Atch. & Topeka 1st m.7s... do land grant 7s do 2d 7s.... do land Inc. 8s Ask. SRCTTRITIKS. BOSTON. Maine 6s New Hampshire 6s Vermont es Massachusetts 5s, gold Boston 69, currency do 5s, gold Chicago sewerage 7s 141 105 32 87 120 16 121 30 47* 7* 1 13 48* 16* ii'7 Bid. Aik. SEOUBITIES. Phll.& R. cons.m.6s,g.l.l911. do conv. 78,1893* do 7s, coup, off,’93 Phil.&R.Coal&lron deb. 7s,92 do deb. 7s. cps.off do mort., 7s, 1892-3 Phila. Wilm. <WBalt. 6s, ’84.... Ggdensb. A L. Champlain ... 15* do pref.. Old Colony 108* 108* Pitts.Cln.&St/L. 7s, cou., 190C 100 Shamokin V.& Pottsv.7s, 1901 Portland Ssco & Portsmouth Steubenv. A Ind. 1st, 6s, 1884. Pullrua i Palace Car x 87 59* 60 Pueblo & Arkansas Stony Creek 1st m. 7s 1907.... 18 17 Sunb. Haz. & W.,lst m.,5s,*23 Rutland, preferred 118 Vermont & Massachusetts.. Sunbury A Erie 1st m. 7s, ’97.. 32 Worcester A Nashua •yra.Gen.& CornV,l8t,76,19()5 Texas A Pac. 1st m ,6s, g.,1905 do cons. m.,6s,g.,1905 PHILADELPHIA. do inc.&l. gr.,7s 1915 STATE AND CITY BONDS. Union* Tltusv. 1st m. 7s, ’90. 105 Penna. 5s, g’d, int.,reg. or cp. United N. J. cons. m. 6s,’94.. do 5s, cur.,reg Warren & F. 1st m.ls, ’96 do 5s, new, reg., 1892-1902 111 iii* West Chester cons. 7s, ’91 do 68,10-15, reg., li77-’82. 100 West Jersey 6s, deb., coup.,’83 i07 do 6s, 15-25, reg., 1882-’92. 1C0 do 1st m. 6s, cp., *96. do 6s, In. Plane, reg.,1879 do 1st m. 7s. ’99 Phlladelpnla, 5s reg.Western Penn. RR. 6s,cp.:899 104 109 6s, old, reg do do 6s P. B.,’96. 120 do 6b, n., rg., prior to ’95 117 CANAL BOND8. do 6s,n.,rg.,1895 A over 120 120* Chesap. & Dela. 1st 6s, rg..*86 Allegheny County 5s, coup... Delaware Division 6s, cp./78. Allegheny City 7s, reg Lehigh Naviga. m., 6a, reg.,’84 Pittsburg 4s, coup.,.1913 do mort. RR., rg.,’97 do 5s, reg. & cp., 1913. 90 do m. cotiv. g., rt-g.,’94 do 68, gold, reg do mort. 110 gold, ’97 do 7s, w’t’rln.rg.&co. its* do cons. in.78, rg.,1911 105* «io 7s, .itr/mp.,re«.,’88-86. 105 Morris, boat loan, reg., 1885.. N. Jersey 6s, reg. and coup... do exempt, rg. & coup. Pennsylvania 6s, coup., 1910.. Schuylk. Nav.lst m.ss.rg.,’97 Camden County 6s, cohp do 2d m. 6s, reg., 1907 Camden City 6s, coupon,..... do 6s, boat&car,rg.,1918 do 7s, reg. & coup do 7s, boat&car,rg.,l9.5 Delaware 6s. coupon Susquehanna 6s, coup.. ;9.8 .* Harrisburg City 6s, coupon.. RAILROAD STOCKS.! BALTIMORE. Camden A Atlantic 40*, 6s, defense, J.& J.. 47* 47*1 Maryland do do pref do 6s, exempt, 1887 .... Catawlssa do 6s, 1890, quarterly43* 44 do pref do 5s, quarterly 41 do new pref 41* Baltimore 63, iS84. quart Delaware & Bound Brook.... do 6s, 1866, J.&J East Pennsylvania do 6s, 1899. quarterly... Elmira & Williamsport do 6s, park, 1890, Q.—M. 43 do do pref.. do 6b, 1893, M.& 8 Har. P. Mt. Joy & Lancaster. do es^xempV&.M.&S Huntingdon* Broad Top... 2 do 0s, 1900, Q — J 5 do do pref. do 6s, 1902, J.&J 43 43* do Lehigh Valley 5p, 19.6, new 47* 48* Little Schuylkill Norfolk water, 8s 55 S* Ailnehlll .*••• 53* Nesquehoning Valley Norristown North Pennsylvania 45 50 54 104 40 41* fl* 9 10* Philadelphia* Erie 18 18* Pnlladelphia A Reading Philadelphia A Trenton Phtla.Wllmlng. A Baltimore. 5 5* Pittsburg Tltusv. & Buff 14* 1 St. Paul & DuluthR.R. Com . do do pref. 41* 41* 146 146* United N. J. Companies RAILROAD STOCKS. Balt.A Ohio West Chester consol, pref.... West Jersey CANAL STOCKS. ‘27* 32% o2* Morns do pref Pennsylvania Schuylkill Navigation do pref... Susquehanna RAILROAD BONDS. Allegheny Vai.,7 \ do do fo, Belvldere Dela. \ do do 3-108,1896... end..’94. 1st m., 6s,1902. 35* 80 112 2dm.6s.’8i.. 107* 3dm. 6s, *37.. Camden &Amboy 6s,coup,’83 * 6s, coup., ’89 mort. 6s, ’89 Cam. A Atl. 1st m. 7s, g., 1903 do 24 m.,7s, cur., 1879 Cam. & Burlington Co. 6s,’97. Catawlssa 1st, 7s, conv., ’82... do chat, m., 10s,’88 .. do new 7s 1900 Connecting 6s, 1900-1904 Chartlers Val., 1st m. 7s,C.,1901 Delaware mort., 6s, various.. Del. & Bound Br., 1st, 7s, 1905 East Penn. 1st mort. 7s, *88 .. E1.& W’msport, 1st m., 7s, ’80. do do do 115 E. ext., 1910 Inc. 7s, 5s,perp ... .... 114 103* 109 83 2d m. 7s,cp., ’96. gen. m. 7s, cp., 1908. gen. m. 7s, reg., 1903 Oil Creek 1st m. 7s, coup.,’82. Plttsb. Tltusv. A B.,7s, cp.,^ do scrip.... Pa.&N.Y.C. A RR.7s,1896 .... Pennsylv., 1st m., 6s, cp., *80.. do gen. m. 6s, cp., 1910. do gen. m. 6s, rg., 1910. do cons. m. 6s rg., 1905. do cons.m. 68. cp., 1905. do Navy Yard 6s, rg,’81 do do do Pe n. f'o ,6s. reg Perklomen 1st m.6s,coup.,’97 Phila. A Erie 1st m. 6s, cp.,’8t do 2d m. 7s,cp.,’88. Phila. A Read. 1st m.6s, ’43-’44 do ’’48-.4P. do do 2d m., 7s, rp., do deben., cp.,’Si# do do cps. off. do scrip, 1832. do In. m.7s, cp,1896 do cons. m. 7s, cp..l9l!.. do cons. m. 7s, rg.,1911.. • .501 50 50 50 il5 116 120 In default, t Per share. $ Con. to Jan., ’77. funded. 110* 119* 103* 103* 115 115* 117* ns* 120 111 102 120 100 103 120 35 70 *38 108 70* 71* 110* 111 112* 70* 34 *47 88 117 10D 90 117*, 106 108 112 103* 104*, 107* 108?4 109 99* 93 110 i8S$ 93* ,8075 109 114 10» 100 100 109 115 115 116 116 no 116J& 110 105. 110> 112 U0*J 117 110* 1115 12534, 1 J* ’I* 4 35. 32 RAILROAD BONDS. Balt. A Ohio 6s, 1880, J.&J.... do 6s, 1885, A.&O. N. W. Va. 8d m.,guar.,’85,J&J Plttsb.& Connells v.7s,’98,J&J Northern Central 6s, ’85, J&J . 101* io*& 103* no 104 108 107 109 103 105 113 101 113 70 108 114 Vi 10834 110^ no 6s, 1900, A.&O. do 6s, gld, 1900, J.&J. 10434 Cen. Ohio 6s, lstm.,’90,M.& S. 10ft W. Md. 6s, 1st m., gr.,’90,J.&J. do 1st m., 1890, J. & J... do 2d m.,guar., J.& J... do 2d m., pref 75/ do 2d m.,gr.by W.CO.J&J do 6s, 3d m.. guar., J.& J. Mar. & Cin. 7s, ’92, F. & A do 2d, M.&N... 41% do 83,3d, J.&J.. 18 Union RR. 1st, guar., J. & J.. 108 Canion endorsed do 108 t 105 7s 104f 107 7‘80s t 115 South. RR. 7‘90s T 114* !15 do 6s, gold t 105 1063* do do do do long...t 7s, lto 5yrs..+ do *81+ 2d m. 7s,’84.+ 3d m. 7s, ’88+ Dayton & West. 1st m., ’8i...+ do 1st m., 1905.+ do 1st m. 6s, 190.) ind. Cin. & Laf. 1st m. 7s... do (I.&C.) 1st m.7s,’88+ Little Miami 6s, ’83 + Cin. Ham. & Dayton stock. stock Columbus & Xenia do do Dayton & Michigan stock.... st’k.guai do 8. p.c. Little Miami stock 102 103 110 106 100* 101 101 07* 102* 87* 104 102 102 100 iii • ••A. ioa iw5& t*>9* 75 102 100 82* 113 H2* 100 LOUISVILLE. + 104* 68,’82 to *87 + 102 + 102 «s, *97 to ’94 water 6s,’87 to *89 i 102 water stock 6s,’97.+ 102 Louisville 7s 120 30 105* 105: 101 Pittsburg A Connellsvllle..50 Dayton & Mich. 1st m. 7s. i09 ios 104 99 80 Parkersb’g Br. do 7 & 7’30s,long.f Cln.& Cov. Bridge st’k, pref Cin. Ham. & D. 1st m. 7s, ’801 H2* do 2dm. 7s, *85 f Cin. Ham. & Ind., 7s, guar.... Cin. & Indiana 1st m. 7s + 112* do 2d m. 7s, ’i7. + Colum. & Xenia, 1st m. 7s. *90 do 21 m. 7s, reg., 1910.. 118 do con. m., 6s, rg., 1923 108* ios* 108 do do 6s,» p.,19i3 lOo Little Schuylkill, 1st m. 7s '82 North. Penn. 1st m.6s, cp.,*85. i05}£ do Northern Central. Western Maryland Central Ohio Hamilton Co., O., 6s. 107* Harrisburg 1st mor*. 6s, ’8A. H. & B. T. 1st m. 7s, gold, *90. 1 <4 do 2d m. 7s, gold, ’95 10-2*' 103 51 do 3d m. cons. 7«>, ’95*. Ithaca* Athens 1st g d. Is.,’SO Junction 1st mort. 6s ’82 2d mort. 6s, 1900 ... do L. Sup. A Miss., 1st m., 7s g.§ Lehigh Valley, lst.6a,cp.. 1898 114* do do reg., 1893... 114* 104 1st prif 1U£ 110 2d pref 101* 102J£ Wash. Branch. 100 145 iio 105 108*. CINCINNATI. Cincinnati 6s, long... 116 110 1C 3 * 103 105 105 H3* "4&. Par. ...100 125 do Delaware Division Lehigh Navigation 101* do do do Pennsylvania QUOTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES. SKOURITIES. Etc.-Continued. Bid. Ask. SECURITIES. Chesapeake A Delaware L. Tenders. Deposits. Circulation. Agg. Clear $ $ $ $ $ 235,824,400 20,514,100 40,707,000 203,209,700 19,570,700 325,090,134 Loans. $ 1878. Dec. 28.. 1879. Jan. 11., Jan. 18., Jan. 25.. Feb. 1., Feb. 8., Feb. 15., Feb. 21., Mar. 1., Mar. 8., Mar. 15., Mar. 22., Mar. 29., Apr. Apr. Apr. Apr. May May May May May 962,000 783.500 2,029,500 779,000 1.587.100 9,223,000 9.127.700 3,593,000 3,551,800 2.171.400 1,623,300 3,048,700 1.317.100 1.931.500 5.938.400 2.366.600 10,083,000 1,433,000 1.803.900 1.772.500 1.323.600 2,770,000 2.164.900 4,186,000 1.234.600 2,1333,000 17,591,600 15,303,900 462.500 1,003,000 2.213.500 £47,500 487.200 76,800 104.600 105,000 52.200 83,000 1,100 251,000 1.792.500 1,012,900 69,500 212,000 163.100 419.700 135.400 462,600 The deviations from returns of previous Loans and discounts tion. 519.300 60,800,200 258,160,300 19,684.700 41,279,300 228,817,400 Total Circula¬ PHILADELPHIA, UOSTON, City Banks.—The following statement Average amount of 24T do do do do wharf 6s do + do spec’l tax 6s of ’89.+ Louisville Water 6s, Co. 19071 Jeff.M.&l.lstm. (I&M) 7b,’8l+ do 2d m., 7s i do 1st m„ 7s, 1906....1 Loulsv.C.& Lex. 1st m.7s,’97t Louis.* Fr’k.,Loulsv.ln,6s,’8 Louisv. & Nashville— Leb. Br. 6s,’86 + 1st ra. Leb. Br. Ex.,7s,’80-S5.+ Lou. In. do 6s, ’#3...+ Jefferson Mad. & Ind stock. ST. 102 102 105* 100 104 112* 11 J* 101 102 103 ioa** 104 101* 102& 103* 104 LOUIS. St. Louis 6s. long + 105 do water 6s, gold + 106 do do new.f 106* do do bridge appr., g. 6s + 106* do renewal, gold, 6s.t i06* no sewer, g. 6s, *9i-2-3.1 K'6* St. Louis Co. new park, g.6s.+ 107 cur. iS.. .......1 do 248 THE QUOTATIONS C. S. Bonds and settee Railroad Stocks are Of1 quoted CHRONICLE. STOCKS AND on a SECURITIES. Bid. Alabama—5s, 1883 5s, 8s, 8s, 8s, 8s, 40 45 45 45 .’ 1886 1886 1888 Montg. A Eufaula RR. 1892 1893 • • , t t 54 , 1 1 1 1 1 107 100 new endorsed. 7s, gold • 46% 5 Connecticut—6s 7si • 44 70 50 . 7s, .... 20 20 A, 2 to 5 B, 5s Class C, 2 to 5 Arkansas—6s, funded 78, L. Rock A Ft. Scott iss. 7s, Memp. A L. Rock RR 7s, L. RP.B.A N. O. RR. 7s, Miss. O. A R. 1‘ RR... 7s, Arkansas Central RR. . . t 3 0 3 3 3 Missouri—6s, 0s, due 1886 6s, due 1887 6s, due 1888 0s, due 1889 Asylum . or 1883 due 1882 or ’83 ’90 Univ., due ’92. .... 100 .... Hannibal A St. Jo., 1886.. Bid. enun., 18H7 Ask. 107% 6s, loan, 1883 0s, do 1891 0S, do 1892.. 6s’ do 1893 North Carolina—6s, 6s, old, A .A O 15 38 37 35 103 113 102 No. Car RR do 36% do do 106 117 120 121 22 22 old.JAJ .T A J A .A O Securities. Bid. 0 . : 1033* ■ > « * * * coup, off, J.A J. coup, off, A.A O. 23% 233* 15" 40 40 15 8% Virgins—0s * * * * * # * • * # *6l£ 14% 14 3" 1867 D. of 3 Columbia—3'65s, * * * * * * * * * * 40 7 6 853* .... * “ * * 853* RAILROAD and miscellaneous stocks and bonds. Morris &Ess’x,b’nds, 1900 *87 St. L.AIron Mount’n—1st m 112 (Active previously quoted.) do construct’n St .L.A San F.—2d *863* 2d mortgage... 83 m.,class A 86 Albany A Susquenanna.... do 7s of 1871. 923* 94 873* 89 109 2d mortgage, class B 1093* i Arkansas Br., 1st mort... 56 Boston A N. Y. Air L., pref. 57 90 do 94 1st con.,g’d.. 423* 433* 98 do 973* class C Cairo & Fulton, 1st mort Burl. Cedar Rapids & No... 54 50 Del.& Hud.Canal—1st m.,’84 98 99 99 St.L.A Cairo Ark. & T., 1st mort S.E.-Cons., 7s, g.,’94 60 70 Chesapeake A Ohio 1st mortgage, 1891 91 8" 102’ 1003* St.L.VandaliaA St.L. T.H.—1st m K.C & N.—R. E.& R.,7s 102% ♦107 do do 1st pref. do 1093* 102% extended 2d mortgage, guar 123* Omaha Div., 1st mort., 7s 88 do do 90 2d pref. do *.... 106 8 Sand. Mans. A Newark—7s.. 101 Coup., 7s,’94 103" 104’ 103 Chicago A Alton, pref do St.Chas.B’dge,lst, 7s, 1908 *.... 103% Scioto Val. 1st 7 105 Reg. 7s, ’94. 103 North p.c. s.f. bds Clev. A Pittsburg, +101 103 Missouri, 1st 1st Pa. div., coup., 7s, 1917 m., 7s *111 113 guar— 99% 993* South Side (L. 1.)—1st mort *1023* St. L. Alton & T. H—1st m. 110 90 95 Dubuque A Sioux City do 115 reg., 7s, 1917 South Minn.—1st m.,7sjb8. 100 1063* 2d mortgage, pref JHarlem Albany & Susqueh., 1st m. 893* 1st 113 mortgage, 7s do Ind. Cin. A Laf (pink).... 100 income 104 50 do 56 2d mort.. 1063* Extension 90 Keokuk A Des Moines.—. Belleville & So. Ill., 1st m. *112 95 do 3d mort.. *100 Tol. Can. S. A Det.—1st, Tol. Peo. 60 do & 7s, W.—1st g 70 do m., E.D. do pref. 1st con., guar 102 Union A Logansport—7s 1st mortgage, W. D 94 ^Manhattan.? 97 Rens.A Saratoga, 1st,coup 453* 453* Union Pac., So. Br.—6s, gld. 87 Marietta & Cin., 1st pref... Burlington Div 90 do 1st, reg. 4> 125 Southern Securities. 2d mortgage, 1886 do do 2d pref... 56” Denv.A R. Grande—1st,1900 933* 94 (Brokers' Mobile A Ohio Consol., 7s, 1910 Erie—1st mort., extended.. *118 Quotations.) 1223* Pur. Com. rec’pts, 1st,E.D *108 Nashville Chat. A St. Louis. STATES. 3d mortgage, 7s, 1883 104 1043* N. Carolina.—New 4s New Jersey Southern do 4th mortgage, 7s, 1880 1st, W. D. *107 It 9 57 62 1043* do Nr Y. Elevated Bur. Div. 5tli mortgage, 7s. 1888 122 So.Carolina—Con., 6s (good) 87 92 109 lii" V. Y. New Haven & Hartf. 1st pref. inc. for 2d mort. Rejected (best sort) 3l" 156 7s, cons., gold bonds, 1920. -Ohio A Mississippi pref 31 ex coup.,Sept.,’79 & Texas—6s, 1892 M.A S. +103" 105" lii" liiiil 1st inc, for consol prev Pitts. Ft. W. <fc Cnic., guar, 112% 7s, gold, 1892-1910 J.A J. +111 107 Long Dock bonds | Tol.&Wab.—lstext.7s,excp. 112 112%' 1st St. do L. do 7s, 1904 div.7s,ex gold, Buff. N.Y.A E, 1st m., 1916 118“ spec’l. 1023* mat.cp. J.A J. +112 95% 96% 113 2d mortgage ext., ex Rensselaer & Saratoga 10s, coup 93 pension, 1894.. J. .J.A +99 91% 101 N.Y.L.E.AW.,n.2d,con.,0s 74% St. Louis Alton A T. H Equipment bonds, 7s, 1883 40 Virginia—New 10-40s do 1st, con., f, cp.,7s 10 493* 50 Consol, conv. ex coupon. do do CITIES. 15 do 2d,con.,f.cp.,Ds,6s pref. 18 843* 73% 73%! Gt. Western, 1st m., ex cp 106 Terre Haute & Indianapolis Han. & St. Jos.—8s, conv... 107 Atlanta, Ga.—7s 100 103 102% 102%i United N. J. RR. & Canal do 2d m.,7s,’93,ex cp Ill. Cent.—Dub.&Sioux C.lst 8s 145" 91% 92 107 no 7s, Q. & Tol., 1st, Water Dub. ’90,ex & works Sioux C., 2d div... cp. 95 97 Miscellaneous St’ks102 Ill.A So. Ia., 1st m.7s,ex cp Cedar F. & Minn., 1st m.. 90 Augusta, Ga.—7s, bonds 104 Adams Express... 110 1013* West. Un. Tel—1900, 103 Lake Shore— coup. 115 Charleston, S. C.—Stock, 6s. 57 American Express 60 45% 1900, registered Mich 114 F. S. N. 7s, L & Ind., s. 75 f., no 7s. United-States Express 80 423* 44 Spring.V’y W. Works, 1st 6s. 95 Cleve. & Tol., sink. fund.. Columbus, Ga.—7s, bonds.. 60 Wells, Fargo & Co 75 1103* INCOME BONDS. 99% do new bonds. 60 Macon—Bonds, 7s Quicksilver 75 Central of N. J., 1908 i3% 14 72 Clove. P’ville & Ash., old. 1003* 74 10 do Memphis—Bonds, C pref 20 37 Leh. & Wilkes B. Coal, 1888 393* 50 do 52 Bonds, and B A new 10 Atlantic A Pacific Tel 20 30)* 37% St.L.I.M.AS.,lst 7s,pref .int. Buffalo & Erie, new bds... *nT" Endorsed M. A C. Rlt 643* 10 American District Tel 25 do 2d int.,6s. accum’e Buffalo & State Line, 7s.. Compromise 40% Cold A Stock Telegraph.... 15 35 Chic. St.L. A N. 0.,2d m.,1907 80% lOO" 43 Kal’zoo & W. Pigeon, 1st. 523* Mobile—5s, coupons on 10 Canton Co., Baltimore.. 15 8s, coupons on Det.Mon.A T., 1st, 7s,T906 14 American Coal 117 Miscellaneous List. 20 Lake 6s, funded Shore Div. bonds... 20 (Brokers' Quotations.) 118 Consolidation Coal of Md.. 25 do cons, coup., 1st Montgomery—New 5s 40 50 CITIES. 1193* Pennsylvania Coal 152 New 3s do cons, 20 reg., 1st., 40 Mariposa L’d A Mining Co.. 2 Albany, N. Y.—6s, long 106 do cons, coup., 2d. Nashville—6s, old 80 do do 90 pref. Buffalo—Water, long 113 23 4 115 do 6s, new cons. reg.. 2d 80 114 Ontario Silver Mining.. 90 Chicago—6s, +108 long dates 109 New Louisv.A Nash.—Cons.m.,7s Orleans—Prem., 5s 23 Homestake Mining 25 1133* 7s, sewerage +113 114 2d mort., 7s, gold Consolidated, 0s 30 Standard Cons. Gold Mining 32 7s, water +114 115 26% 27% Cecilian Branch, 7s Railroad, 6s 24 Pullman Palace Car 26 7s, river improvement.... 4113 114 Norfolk—6s Nashv. & Decatur, 1st, 7s. 100 105 Railroad Bonds. 105% Cleveland—7s, long +112 115 Marietta & Cin.—1st mort Petersburg—6s 94 100 Stock Exchange Prices. 103 Detroit—Water 115 works, 7s.. +113 1st mort., sterling 8s... ; 112Bost. H. & Erie—1st m— 115 -903* Elizabeth City—Short 41 36 45 Richmond—6s Metropolit’n Elev—1st,1908 105 103 106 1st mort., guar Long 40 *30 44 Mich. Savannnah—7s, old 70 Cent.—Cons., 7s, 1902 120 72 Bur. Ced.R. A North.—1st,5s Hartford—6s, various 102 109 om 92’ 1st mort., 8s, 1882, 8. f 7s, new 70 111 72 Minn.A St. L., 1st, 7s, guar 110 Indianapolis—730s +106 Consols, 5 Equipment bonds 69 72 Long €liesap.& O.—Pur. m’y fund 100>s Island City +95 100 Mo.K.s T.—Cons.ass..1904-0 Whm’ton.N.C.—6s, g., cp.on 75" Newark City—7s, long 6s, gold, series B, int. def 42 +109 111 2d mortgage, inc., 1911 42% 8s, gold, coup, on 31% 6s, currency, int. deferred Water, 7s, long 20 203* +1143* 1173* H. & Cent. Mo., 1st., 1890. RAILROADS. 109 •Chicago & Alton—1st mort. *113 1153* N. Y. Oswego—7s +101 1023* Ala. AChat.—Rec’rs ctfs.var Central—6s, 1883 50 1053* Income 100 Poughkeepsie—Water +112 115 6s, 1887 Atlantic A Gulf—Consol— 102 108% 105 Sinking fund *103 Rochester—Watery 1903— +113 115 6s, real estate Consol., end. by Savan’h.. 30 *1043* Joliet. & Chicago, 1st m... 40 Toledo—8s, water, 1894 +111 6s, Cent. subscription Georgia—Cons, m., 7s 108 *1043* 7" 30s Louis'a & Mo., 1st m., guar X no +105 107" 107 N. Y. C. & Hud., 1st m., cp. 1223* 125 Stock 66 do 70 2d 7s, 1900 Yonkers—Water, 1903 *.... 100 +111 114 do Charl’te Col.A A.—Cons., 7s 1st m., reg. 125 94 St. L. Jack. A Chic., 1st m. 97 RAILROADS. *1123* Huds. R., 7s, 2d m., s.f.,’85 no 2d mortgage, 7s 70 Miss.Riv. Bridge,1st,s.f,6s 75 Atchison & P. Peak—6s, gld 106 120 ' East Tenn. A Canada South., 1st, int. g. 90 •Chic. Bur. A Q.—8 p.c., 1st m 85% 86 Georgia—6s.. 95 Bost. & N. Y. Air-L—1st m. 106 *1083* ! E.Tenn.A Va.—6s,end.Tenn Harlem, 1st m., 7s, coup.. 124 95 Consol, mort., 7s 100 California *.... i2i +105 Pac.—7s, gold— no do E. 1st Tenn. Va. m., *125* A 7s, reg— 5s. sinking fund Ga.—1st, 7s. 100 1003* 1253* *101 0s, 2cJ mortgage, gold 95 N. Y. Elevated—1st, 7s, 1906 100 Stock 111 hie. Rk. I.A P.—6s, cp.,1917 113 35 45 Cent, of la.—1st m., 7s, gold 115 74 75 Ohio & Miss.—Consol, s. f’d Georgia RR.—7s 108 1103* 6s, 1917, registered.... 112 Chic. A Can. So.—1st m.,g.,7s 113 115 50 6s Consolidated 573* 110 99 Keok.A Des M., 1st, g., 5s. 101 Chic. & 94 95 East. Ill.—1st m., 6s 87 2d consolidated 89 Stock 1003* 101 Central of N. J.-lst m., ’90. 70 2d mortgage, inc., 7s. 50 *1143* 115 1st m., 53 Greenville A Col.—7s, 1st m. 35 Springfield div .... 1st consolidated— 90 Chic. St. I\A M.—6s, 102 103 g., new Pacific Railroads— 7s, guar 50 do 55 Land grant, 6s, gold.. assented 98% 90 Central Pacific—Gold bds. Macon A Aug.—2d, endors. 95 109% 100 Convertible no San Joaquin Branch.., MemphisA Cha’ston—1st,7s 101% 1023* Cin. Lafayette & Ch.—1st m 108 95 do 100 assented 983* 99 75 83 Cal. & Oregon, 1st 2d, 7s *99 100 70 75 Cin.& Adjustment, 1903 Spr.—1st, 102*>* 102% C.C.C.AI.,7s State Aid bonds Stock 973* 4 *106% 3 5 1st m., g’d L; 8. & M. S.,7s Lehigh & W. B., con., g’d. 101 105 Land grant bonds Memp. Lit. A 35 1033* i Rock—1st, 4s 103% Col. A Hock. V.—1st,7s,30 yrs +100 iio 45 do ' assent’d 783* 79 Western Pacific bonds *101 Mississippi Cent —1st m., 7s 101 1033* Am. Dock A Impr. bonds, *89 104 92 1st, 7s, 10 years +100 South. Pac. of Cal.—1st m. 2d mort., 8s 100 104 do assented *89 2d, 7s, 20 years +100 102 Union Pacific—1st mort.. Miss. A Tenn.—1st m., 108% 8s, A no 115 * nie.Mil.& St.P — 1st,8s,P.D Dan. Urb. 124 123 Bl.A P.—1st, 7s, g 66 Land grants, 7s 633* 1st 114 mortgage, 8s, B... 85 2d mort., 7 3-10, P. D 114%; Denver Pac.—1st,7s,Id. gr.,j2 92 70 70 Mobile A Ohio—Sterling, 8s Sinking fund 70 1123* 1st m., 7s, $ gold, R. D. 85 Erie A Pittsburg—1st m., 7s 100 *110" 113" 104 110 Registered, 8s Sterling, ex cert., 6s 70 1st m., La C. Div— .% 85 Con. mortgage, 7s *.... 110% 102 104 Pacific RR. of Mo.—1st m. 103%il04 8s, interest 60 1st m., I. & M 70 7s, equipment 1103* 85 2d mortgage 90 2d mortgage, 8s 15 1043* T07 25 1st m., 1. A D iEvansv. A *.... 111 Crawfordsv.—7s. 102 105 New 1st 7s Income, 87 mortgage 1st m., H. A D i Evansv. Hen. A Nashv.—7s. 883* *.. 90 1093* 100 1st m., Carondelet Br... New debentures 38 1st in., C. & M 39 J Evansv. T.H. A Chic.—7s, g. 55 113% 65 South Pac. of Mo.—1st m. N. O. A Jacks.—1st m., 8s... no 112 Con. sinking fund 9<3*; iFlint A Pere M.—8s, l’d gr’t 95 102 166% 106% Kansas Pac.—1st 2d Certificate, m.,6s,’95 104 mort., 8s... 2d mortgage 107 Galv. Hous.A H.—7s, 84 90 1st m.,6s,’95, with cp.etfs gld,’71 Nashville Chat.A St. L.—7s. 1st m., 7s, i. & D. Ext Gr’nd 1023* *105% 106 1st m., 6s, ’96 R.AInd.—lst,7s,l.g.gu 105 1st, 6s, Tenn. A Pac. Br... Chic. & Northw.—Sink, f’d.. 110 1st, Id. 94% 7s, gr., not guar 92 95 do with coup, ctfs 1st, 6s, McM.M.W.AAl.Br. 95 Interest bonds 107 1st, ex land grant. 7s... 70 77 1073* 1st m., 7s, Leav. br., 96.. Norfolk A Petersb.—1st, 8s. 107 Consol, bonds 118 119 1st mortgage, 7s do +1053* 107 with coup, ctfs 87 105 no Extension bonds 102 93 1st m., 7s,R.AL.G.D’d,99 2d mortgage, 8s X 102 100 1st mortgage * 109 do 1053* 1063* Northeast., S. C.—1st m., 8s. 112 with coup, ctfs1 Coupon gold bonds., Western Div 114% 114% 2d mortgage, 8s 1st m., 78, land gr’t, ’80.. 1033* 1053* 100 106 Registered gold bonds.. *114 114 Waco......... 105 do with coup, ctfs *120 Orange A Alex’a—lsts, 6s.. 96 100 Iowa Midland, 1st m., 8s.. Consol, bonds 2d mort., ’86 1053* 2ds, 6s 953* Galena A Chicago, exten. 104" 963* Indianan. Bl. A W.—1st m.. 52 55 do 3ds, 8s with coup, ctfs 67 94% 97 Peninsula, 1st in.,conv... 67% Indianapolis A St.L.—1st, '73 78 Inc. coup. No. 11 on 1916 4ths, 8s 73 29 31 Chic. A Milwaukee, 1st m. 118" X Indianap.A Vine.—1st,7s, 101 103 Inc. coup. No. 16 on 1916 Rich.A Dan.—1st consol., 63 74" International 95 98 Winona & St. P., 1st m 110 90 Den. Div. 0s ass. ep.ctf (Tex.)—1st, Southw. 106 Ga.—Conv., 7s, 103 ’86. 1053* do Int. H. A Gt. 2dm.... 1053* 25 No.—Conv., Stock Pennsylvania RR— 80 C. C. C. A Ind’s—1st, 7s, s. f. 110% +110 Ill S. Carolina RR.—1st m., 7s. Pitts.Ft.W.A Chic., 1st m 95 100 1283* Consol, mortgage 105 *1033* 105 do do 1063* 7s, 1902. 2d m.. non-enjoined 40 122 50 <C. St. L. A N. O. Ten. lien 7s 30 45 do Savan’h A do Char.—1st 3d m.. m., 7s. do N. J. Midlanddo 1st con. 7s 96" 45 48 Cha’ston A Sav., 6s, end. Cleve.& Pitts., *113 115" consol., s.f. Del. Lack. A West.-2d m.. 103 2d mort 5 9 West Ala.—1st mort., 8s... do 4th mort... *105 106 109" 113“ 7s, convertible 40 45 2d mort., 8s, guar Col. Chic. & I. C., 1st con., 70 109 113 . . — . • • • • • • • . .... • • • • * * * * .... — #. .. . :::.! 75%! f .... .. .... , , , . , . , „ .... .... • • • .... .... ... .. — .. .. — .... f . . . f . . ... .... .... t .... ... .... ... ... a,,. 1193*1 • • • . .... .... 1133*'ll4%! .... • •» . . . -T i»* * . . „ „ — # • . • c . • . T .... . • . . . „ ... .... » r "f 9 „ t .... ‘ • . . e . .... Mortgage 7s, 1907 no" Syr. Bit gh. A N. Y., 1st, 7s *1093* Morris A Essex, 1st • do m . . 2d mort... *111 ♦Prices nominal. . . .... 1223* 1113* do 2d con do Tr’t Co.ctfs.lst con do do 2d con Rome Wat. & Og.—Con. 1st. + And accrued interest. 26 75 26 663* 28% do 28% Oswego A Rome—1 67 Peoria Pekin A J.- * No price to-day; these # 59~ 583* 1924. 8m»ll * 80 6s, ex matured coupon.... 6s, consol., 2d series 6s, deferred 3 2% 2% 2% new’ 6s, 29 28 28 Railroad Stocks. 4- • 27% 283* old 103 0s, 1886 • * * .... 13* 8 1 - # • 28 13 13 Ohio—6s, 1881 .... * 30U 31% 73* 73* 1868 New bonds, J. A J do A A O Chatham RR Special tax, class 1 do class 2 do class 3 Funding not 1866 Com., 1.889, J. A J... do 1889, A.AO... 7a nf 1888 Land 89 109 89 do 105 105 105 107 • * Ask. - 112 55 .... 1093* Funding act, 1866 103% 104% or SECURITIES. be. par may Missouri—Han.A St. Jo.,’87. 104 1043* Rhode New York—6s, gold, Island—0s,coup.’93-9 reg.,’87 107% 6s, gold, 18 Funding, 1894-95 .... 1879... 8s, do 8s, do of 1875 8s, of 1910 7s, consolidated 7s, small BONDS. Ask. 100 100 18 18 18 18 18 18 0s, new 6s, new floating debt 7s, penitentiary 7s, 1890 110 Bid. lnnn Kentucky—6s Louisiana—6s Michigan-4)s, 100% 108 Illinois—0s,coupon, SECURITIES. Illinois—War 23* 93* Ala. A Chatt. RR 8s of 8s of Class Class Ask. IN NEW YORK. Prices represent the per cent value, ichatever the previous page. STATE « BONDS fVOL. X.XIX. axe 16 56 58 17 66 95 *30 100 50 t - PAST-DUE COUPONS. Tennesssee State coupons. South Carolina consol Virginia coupons do consol, coupons.. latest quotations made this week. 10 40 20 80 25 . . 82 t t. September 6, THE lb?9.j CHRONICLE NEW YORK 249 SECURITIES. LOCAL Bank Stock List. Capital. Companies. latest dates. § Mark’d thus (*)) « are not Nat'l. s* 1 Amount 100 100 100 Bowery... 25 Broadway. Ilnfnharci ‘ X Butchers'A Dr 25 100 Central Chase 100 25 Chatham 100 Chemical 25 Citizens’... 3,000,000 1,385,0 0 5,000,000 1,214 40C 250,000 193,10c 1,000,000 1,252.100 . City Commerce Continental.... Corn Exch’ge4 East River.... 11th Ward4.... Fifth .... .. .. 100 100 100 100 25 25 100 100 First Fourth Fulton .... .... 100 100 600,000 Gallatin.... 30 50 1,000,000 German Am.* 75 750,000 German Exch.* too 200,000 100 Germania* 200,000 Greenwich*..,. 25 200,000 30 Grocers4 225,000 100 1,000,000 Hanover Imp. A Traders’ 1,500.000 100 50 no 500,000 Island City*... 100,000 Leather Manuf. 100 600,000 Manhattan* 50 2,050,000 Manuf. AMer.* 20 100,000 Irving . .. .. Marine 100 400,000 Market 100 500,000 Mechanics’.... 25 2,000,000 Mech. Assoc’n. 50 500,000 Mech’ics & Tr. 25 800,000 Mercantile.... 100 1,000,000 50 2,000,000 50 1,000,000 Merchants’. Merchants’ Ex .. 100 300,060 Metropolitan.. 100 3,000,000 Murray Hill*.. 100 100,000 Nassau* 100 1,000,000 New Yor* 100 2,000.000 N. Y. County.. 100 200,000 N. Y. N. Exch. 100 800,000 -Ninth 100 750,000 No. America4.. 70 700.000 North River*. 30 240,000 Oriental* 25 300,000 Pac flc" 50 422,700 Park 100 2,000,000 People’s* 25 412.500 Phenlx 20; 1.000.000 Metropolis4. . 40 50 100 & J • 12 10 8 8 • J. A J. Bl-m’ly J. A J. M.AN. l.AJ. J. A J. F. A A. J. A J. T. A J. •J. A J. 7 July, ’79. 3* *0 July, ’79. 3 • 8 • • 10 10 6* • • # 12 0* . . .... f “ d 71.0U0 J A J. 54.000 J. A J. 82.210 J. A J. 169,900 J.AJ. 211.500 Q-F. 309,500 J.AJ. 1S8.300 J.AJ. 153,100 J.AJ. 58.700 337,200 F.A A. 125 800 F.A A. 53,100 J.AJ. 81,900 •J.AJ. 238.300 J.AJ. 41200 J. A J 190,100 M.A.N. 104,000 J.AJ. 269 400 J.AJ. 000,000 M.AN. * * « * • • . . . July, ’79. 3 0 • 11 12 6 10 0 25 20 1,C00 50 20 50 100 V<r. 100 bonds 1.000 scrip 25 Va 100 10 1.000 Var. 50 50 . New York People’s^Brooklyn) do do bonds do do certificates. Central of New York Williamsburg scrip Metropolitan, Brooklyn 15 50 50 100 25 50 100 Irving 30 Jefferson.., 20 40 50 100 Lamar.. 25 Lenox.., 50 25 Lorlllard 100 Manhattan 100 25 Mech.ATrad’ra Mech’lcs’(Bkn) 50 50 Mercantile.. Merchants’.... 50 50 50 Nassau (Bt e • .... , 6* , . ly, ’79. July, ’79. Jan ’79. July, ’74. J i) , . 0 • • . . 102 3 3* 3 • • • • • • • • • • • 3* • 3 9 10 0 7 3 July, May, Jan., 7* July, 10 May, 8 • t 79. ’79. ’78. ’79. ’79. 3 3* 8 • . • • * . . • . . . • . • • • • t • ■ t * ® ® - - t * + + % • • • ’ • 145 • • • • t • • Amount. Period. 7 3 1,000,000 M. AS. 5,000,000 Quar. 300,000 103 3 July, *79 50 3* May, ’7» 82 4 May, ’79 85 3* Jan.. ’70 15 90 7 1397 90* 3* July, ’79 . 3 2 3* 2* 3 1,500,000 0 70 Au<., *79 50 July, ’79 70 July, *79 85 May, ’79 40 June, ’79 110 1888 104 80 00 80 95 50 115 108 [Quotations by H. L. Gbant, Broker, 145 Broadway.] * 100 1,000 1st mortgage £ Seventh Avt—stk.. 1st mortgage 100 900,000 J. A J. 694,000 J. A J. 20 H July, *79 12 7 90 J’ly.1900 85 2 July, 79 02* 00 7 Ju y, ’84 101 102 3* Aug. 79 130 140 7 Nov., ’80 102 110 2,100,000 Q-J. 1,000 1,500,000 J . A U, 2,000,000 Q-F. 1,000 300,000 M.AN. 100 Broadway (Brooklyn)—stock... 2oo;ooo Q—J. 100 400,000 A. AO. 1st mortgage bonds 1,000 800,000 J.AJ. 100 Bushwick Av. (B’klyn)—stock.. 500,000 100 Ventral Pk„ N.db E. River—stk. 1,800,000 J. A J. Consolidated mortgage bonus. 1,000 1,200,000 J. AD. 100 1,200.000 Q-F. Dry DocktE.B. dtBattery—stk. 10 Brooklyn City—stock 1st mortgage 3 3 7 • 500Ac 1st mortgage, cons’d Eighth Avenue—stock 100 1st mortgage 2dSt, db Gbrand St Berry—stock 1st mortgage ... 100 Houston, West st.dbPuv.F’y—stk 1st mortgage Second Avenue—stock 3d mortgage Cons. Converti i)lc Extension %xth Avenue- stock mortgage .. 600,000 200,000 M.AN. 100 250,000 500 500,000 J. A J. 100 1,199,500 Q.-F. 1,000 150,000 A..AO. . , 1.000 1,050,000 M.AN. J00 200,000 A. A 1 >. 750,000 M.AN. 1,000 415,000 J. A J. 100 2,000,000 Q-F. 1,000 v.000,000 J. A J. 100 600,000 T A .1. 1.000 7 2 7 0 7 0 7 J.AJ. J.AJ. M.AN. A.AO. 1,000 mortgage 2* 900,000 J. AD 1,000,000 1,000 203,000 100 748,000 1,000 230,000 250,000 M.AN. Ju sy, "79 135 Apr. ’79 95 100 1888 85 150 100 102 July. ’79 41 Dec.1902 95 Aug. ’79 80 Ju .e, ’93 105 45 98 90 108 . • • • • • • 92* • July, Jan., May, Apr., • ’79 ’84 ’78 ’93 ... 100 100 140 105 • •*« • • iVo* 150 115 40 101 20 80 7 Nov.1904 7 2 7 7 7 5 7 5 7 4 7 July, ’94 80 Apr., ’78 30 32* 100 Apr ’85 95 May, ’88 72* 75 80 Sept..’83 75 95 May. ’77 85 15 July, ’90 105 130 Aug., ’79 125 99 10 This column shows last aivideuu on stocks, but me date of 200,000 200,000 800,000 200,000 200,000 300,000 250,000 Westchester... 10 300.000 Williamsb’g C. 50 250,000 4 10 20 822,547 io 28,078 10 127,094 20 * 31,1941io 203,802 119,904 240,935 179,803 38,280 153,269 98,541 105,052 ii 14 30 20 10 20 20 25 104.095 10 304,300 20 133,855 20 21,120 22,054 io* 454,283 10 114,970 12 400,203 30 102,040 20 198,087 20 104,055 20 497,251 20 10 30 20 40 10 20 10 10 10 10 12 12 13 10 20 10 20 10 10 20 10 12 20 30 20 10 20 18 20 14 20 17 io* Bid. Ask Last Paid, 40 July, ,78. 5 8* •July. 78. 3* 5 14 July. 10 Ju y, N’ne Jan., 10 20 20 20 20 20 20 20 17* 10-72 12 18 5 N’ne 18 25 12-50 13 40 20 20 10 14 10 15 15 15 10 12 10 N’ne 11 12 10 Price. July. 78. 5 June. 79.10 A i g. Ju y. Ju y, 79. 8 ’79. W '79.10 Aug. Jan., ’79. 5 ’79. 5 July, ’79. 3* Ju y, M’cu ’79 5 July, ’79.10 Jau ’79. 5 July, ’79 6 . Ju y, ’79. 5 July, ’79. 5 July, ’79. 5 Jan., ’79. 5 Jnly. ’79. 6 July. ’79. 5 July, ’79.10 July. ’79.10 July, ’79. 5 July, ’79. 5 July, ’79. 5 Ju y. '79.10 July, ’79. 5 July, ’79. 5 Aug ’79. 5 170 180 110 110 40 105 80 100 00 125 100 45 120 95 80 120 00 155 105 70 115 108 i02 100 110 50 Jan., ’79. 5 July, ’79. 0 115 *79. 4 100 Inly, ’79.10 210 July, ’79. 0 100 July. ’79.10 180 July, ’79. 0 no July, ’79. 5 110 Jan., *77. 3* 05 40,949 10 July, ’79. 5 24,038 10 10 5 July, ’79. 3* *60 13 95 12 10 Ju y, ’79. 5 193,078 25 20 20 July, ’79.10 150 100 16 10 15* Julv, ’79 8 70 9 10 Aug. ’79 5 23,325 10 100 272 11-55 12-35 0-23 July, ’79. 3* 110 148,074 15 17* July, ’79. 0 111 10 Aug. ’79. 3* 70 84,310 10 10 14 143,401 20 July, ’79. 5 97* J11 v; ’79. 5 10 25 20 100,523 10 10 12 July, ’79. 5 120 210,902 10 10 Aug ’79. 5 101,505 10 20 20 403,302 20 July, ’79.10 185 12 11 20 20 20 18 20 iS* if* lOO 65200 180 180 ’79. 5 July. ’79. 5 July, ’77. 5 Jan., ’79.10 July, ’79.0-83 160 2O0 A pi., ’79.10 95 July, ’79. 5 100 Aug. ’79. 5 115 July, 79. 7* July, ’7y. 3* 95 30 July, ’77. 5 100 July, '79. 110 July, ’79. 130 10 July, ’79. 105 22 July, *79. 107 10 Ju y. ’79. 30 Ju y, ’79. 7* 250 7 Ju y, ’79. 3* 60 17* ’79. 5 115 io7* July. July. ’79.15 150 bQ 10 July, ’79. 5 10 July, '79. 5 117 10 Jan., ’79. 3^ 50 10 10 10 10 20 5 10 10 10 16 10 12 10 20 20 10 10 12 20 10 20 14 N’ne N’ne 11 10 80 12 20 12 15 N’ne 70 ,79. 8* 115* ;t&. 5 *50 ,77. 4 A pi., If* - 200- *19*5* 120 120 55 120 170 210 105107 125100- 120140* 175 70 125 10O 87 125 95 105 70 ISO ” 6*0 130 105 90 130 73 140 110 170 • ••• 130 112 165 109 170 125 05 60 110 232 120 115 90 70 itJ5 125 115 80 103* iio " 101 55 104 57 90 90 20 1882 750 000 M. AN. bonds 115 55 100 45 145 140 115 50 95 ’78 35 ’70 135 . F.A A. Var M.AN. M.AN. J. A J. M.AN. J. A J F.A A. 700,000 1898 Feb., 7* July, 5 June, ’79 135 5 Aug., ’79 110 8* Aug ’70 98 1* July, ’79 50 4,000,000 J.AJ. 2,500,000 M.AS. 4,000,000 1,000,000 300,000 May, ’79 110 2* July, "79 1,850.000 F.A A. 750,000 J.AJ. 1,000,000 1,000,000 Rate. 5 Var. 1,200,000 Var. A. AO. 315,000 2,000,000 Bid. Ask. * 200.000 St. Nicholas.... 25 50 Standard Star 100 100 Sterling 25 Stuyvesant Tradesmen’s.... 25 United States.. 25 uau Date. 150,000 150,000 1.000,000 200,000 200,000 300,000 200,000 200,000 25 100 Rutgers’ Safeguard vug xiauvuai 200 000 t 125 639,589 10 50,883 10 300,000 25 Pacific 100 park Peter Cooper... 20 50 People’s Phenlx (Bklynj 50 100 Produce Exch. 50 Relief 100 Republic 100 Ridgewood ■ ...t 3* 4 July, ’79. 0 8 • • * 200,000 150,000 500,000 200,000 200,000 250,000 200,000 150,000 200,000 200,000 200,000 200,000 200,000 210,000 200,000 200,000 300,000 500,000 350,000 200,000 National.. 37* N. Y. Equitable 35 New York Fire 100 N. Y. A Boston 100 New York City 100 50 Niagara North River.... 25 88 Au.r. ’79. 8hi Aug. ’79. 3 July, ’78. 3 July, ’79. 4 July, ’79. 4 108 6* 3 10 10 7 7 3 » 8 101 703,104 30 124,930 20 339,029 40 10 15 15 10 73,873 12 147,083 10 509 10 94,200 12 80,070 12 200,000 7,453 10 200,000 200,010 +288,638 10 150,000 188,040 20 3,420 10 280,000 150,000 143,113 20 93,141 10 200,000 35,537 10 150,000 200,000 260,704 20 50 . 1878.1877. 1878. 150,000 150,000 200,000 1,000,000 500,000 200,000 200.000 3,000,000 lfO.OOO 500,000 . .... 70. 2* A.'ig. 400,000 1,000,000 Quar, Var. 1,000,000 J. A J. 100 1,000,000 M.AN. 100 Municipal. 100 . . Howard -1 P0 80 July, ’79. 4 10 10 6 8 0 untc o uuv itj Par. do certificates Mutual, N. Y * . Hope # * 2*| July, ’77. 3 July, ’79. 8* ... ... 104,700|J. A J. Metropolitan 1st . Hofftnan Home .... Manhattan third Avenue—stock 1st mortgage lvtktnlu-thtra Street—stoex... 1st mortgage . .. - • Jersey City A Hoboken 1st 100 60 50 25 . City Railroad Stocks and Bonds. Central Cross 'lovon- stock. 100 1 . .... ... Harlem Broaiway 10 . Germania. Globe Greenwich.. Guardian... Hamilton • • 17 10 . Firemen’s Tr J • - * | do . Firemen’s 1 • • .... Brooklyn Gas Light Co Citizens’Gas Co (Bklvn) do bonds do . .... * Gab Companies. do . Eagle Empire City... Exchange.. Farragnt.. 225 . [Gas Quotations by George H. Prentiss, Broker, 24 Broad Street.] Nassau. Brooklyn . Commercial of same date for the State banks. do . . “ 1,000,000 1,200,000 200,000 Gas and . City 6 10 10 . Citizens’. July, ’79. 5 12 . Broadway Brooklyn 3* July, ’79. 3* July, ’70. 3 0 July, ’79. 3 io 50 25 25 17 20 70 100 30 50 100 40 100 . Bowery 1600 79.15 ’79. 3 *79. 5 131 79. 4 July, 79. 3* 97 Aug. ’79. 5 135 0 10 10 6 * Juty, July, May, Ju y. 100 0* . Q-J. Amity. 117 1879.* Amount Dividends. 200,000 4,877 10 200,000 —10,944 25 400,000 +400,49 i 15 200,000 08,826 10 8 200,000 10 200,000 300,000 398,757 20 200,000 298,201 20 153,000 197,692 20 300,000 483,681 20 210,000 103,191 20 250,000 145,144 20 300,000 —1,422 10 100,780 25 200,000 1,000,000 1,040,755 11-45 300,000 531.070 30 80,008 14 200,000 200,010 105,240 20 135.882 15 200,000 08,253 15 204,000 h 100 -July, ’79. 3 9 100 • Adriatic... AEtna. ..,. American. July, '79. 8 .... ...... J. A J. July, ’79. 3* 130 May, ’79. 3 112 July, ’79. 5 8 6 11 10 5* r “fetuuo tu ouio vuiuuiu aiv, v* i Companies. .... Second 100! 300,000 Shoe A Leather 100; 600,000 Sixth 100' 200,000 State of N. Y.. 100, 800,000 Third 100 1,000,000 Union West Side* J 8 .... 100 1.500.000 St. Nicholas.... 100! 500,000 Seventh Ward. 100 300,000 Tradesmen’s... Bid. Ask. Last Paid. July, *79 3 103 May, ’79. 3* 7 071,200 A.A O. 7 Api., ’79. 8* Aur. ’79. 2* 52 400 F. A A. 0 49,900 May. *5 May, ’79. 5 6 4*,100 May. May, ’77. 0 7 *0 May, *79. 3 102* 14,300 M.AN. 3 18,400 J. A J. Jan., ’77. 8 7 ' 7 217,8';0 J. A J. July, *79. 8* id7 14 1,839,900 J. A J. 14 July, ’79. 7 8 138. LOO J. A J. 8 July, ’79. 4 0.700 J. A J. 3 0* Jan., ’78. 3 Ju y, *79. 4 11 427.800 J. A J. 12 8 8 Aug. ’79. 3* iso l,C59.OO0 F. A A Juiy. ’79. at* 8,800 J. A J. A J. J. July, ’79. 3 101.900 7 7* Ju;y, ’79. 8* 115 288,800 J. A J. 9 970 tOO J. A J. 8 July, ’79. 4 134 2 2* May, ’79. 2 68,700 M.AN. 7* July, ’79. 2* 70 78,000 M.AN. 91 M 6 AN. May, ’70. 3 179,50 > J. A 7* J. 708,000 6* Juiy,’79 3* 124 144.400 J. A J. 0* July, ’79. 2* 57,900 ■I. A J. July, ’79. 3* 10 July, ’79. 4 125 127 842,600 J. A J. 10 12 July, ’79. 0 80,700 0 5 47.500 M.AN. May, ’79. 2* 7 July, ’79. 4 700,500 J. A J. 7* 8 8 July, ’79. 4 72,500 T. A J. 8 8 75,000 F.A A. Aug ’79. 3* 123,000 50 Republic J.AJ. M.AN. J. A J. J. A J. J. A J. 398.400 M.AN. . Produce* Period 1877. 1878. 92,800 300,000 2,000,000 346,909 300,000 27,900 450,000 100,600 800,000 3,221 600 600.000 167,000 1.000,000 1.411.000 ■\000,000 2.033.900 1,000,000 100,700 1,000.000 828,000 00 800 250,000 100,000 11,400 150,000 43,700 100,000 130,000 500,000 1,579.000 3.200,000 907,900 . Net Surplus, July 1, Capital. Par. . Am. Exchange Price. Dividends Surplus fit) 1 America4. Insurance Stock List. [Quotations by K. 8. Bailey. Broker,7 Pine 3treet.] * Over all liabilities, Including re-lnsurance, scrip. capital and scrip. + Inclusive o Figures with a minus sign (—) Indicate extent of Impal meat. City Securities* [Quotations by Da riel A. Moran, Broker, 40 Wall Street.] Prior. Interest. Bonds Rate. Veto York: Water stook 1841-83. Croton water stock..1845-51. ..1852-60. do do Croton Aqned’ct stock. 1865. do pipes and mains... do repervoir bonds Central Paik bonds. .1853-57. do no ..1853-65. Dock bonds 1870. do 4*75. stock 181&-68. Market Impovement stock.... 1869 do do ...4869. Consolidated bonds var. Street Imp. stock var. do do New Consolidated Westchester County var. 5 5 0 6 7 6 5 6 7 6 7 6 7 Months due. Feb., May Aug.A Nov, do do do do do do May A November. Feb.,May, Aug.A Nov. do do do do May A November. May A Novomber. do do do do 7 6 g. 7 Payable. do do do do do do January A July, do do 1880 1890 1883-1S90 1884-1911 1884-1900 1907-1911 1898 1895 1901 1898 Bid. Ask 100 104 104 100 110 109 108 108 123 107 1894-1897 118 107 1889 1879-1890 102 113 1901 1888 102* 1879-1882 102 113 1890 118 1894 107 112' 124 ag¬ ios 109 128 109 119 108> 110 L15> 106 1«115 119 [Quotations by N. T. Beers, Jr., Broker, 1 New st.] Brooklyn—Local Iin <r’em’t— City bonds do P/irk bonds Water loan bonds Bridge bonds Water loan. ... .' City bonds • 7 7 7 7 7 6 0 7 0 do do Park bonds Bridge •All Brooklyn bonds flat. Jaiuary A July, do do do do do do do do do do do do Mav A November. do no January & July. do do 101 102 125 123 121 122 103 1881-1895 1880-1883 1U3 1880-1885 101 113 1924 1879-1880 1881-1895 1915-1924 1900-1024 1904 1912 1809-1905 1907-1910 112 103 111 128 127 127 114* 112 108 107 115 114*, , July, *90 »ug. ’79 May. ’93 90 98 103 [Quotations by C. Zabriskie, 47 Montgomery St., Jersey (My— Watei loan .long do . 1809-71, 1866-69. Sewerage bonds Assessment bonds.. .1870-71. Improvement bonds Bergen bonds 1863-69. January A July. January A Juiy. do do Jan.. May, July A Nov. J. A J. and J A D. Jannarv and Jnlv. Jersey Clty.3 1895 97 1899 1902 103 1878-1879 97 1878-1879 97 189'.-94 97 1900 97 99 104 89 99 99 99 < ”250 THE CHRONICLE of the first ^rmcstwcuts mortgage and debentures), holders in trust of the original securities upon which said dividends will be made, to so appropriate said dividends as to comply with the require¬ AND ments of the 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 No single copies of the Supplement are sold at the Chronicle. office, as only a sufficient number is printed to supply regular wibscribers. One number of the Supplement, however, is bound up with The Financial Review (Annual), and can be purchased in that shape. ANNUAL reports. Mobile & Ohio. (For the year ending June 30, 1879.) The Trustee and Receiver, Mr. W. Butler Duncan, submits the following statement of the operations of the Mobile & Ohio Railroad for the year ending June 30, 1879 : Receipts from the operation of the road, &c Expenses in conducting operations Net earnings Bess extraordinary expenses Balance $1,830,620 1,268,741 $561,878 182,410 $379,468 The number of miles of road operated was 506. The Gainesville Branch (21 miles), from Narkeeta, Miss., to Gainesville, Ala., was on the 13tli day of March, 1879, sold under the mortgage known as the Gainesville Branch Mortgage, but possession of said Branch was not surrendered until the l4tli day of April, 1879, and then only upon petition of the purchaser to, and by the specific instructions of the Court. At the time of the sale the Receiver claimed the purchase-money ($19,000, less the expenses of sale) under the order of the Court dated July 13th, 1876, by which the Receivers were given a paramount, lien upon the branch road for any excess of expendi¬ ture over receipts arising from the operation of the same. Subsequently, upon application to the Court, the money was so directed to be paid. From this decision, however, the holders of the Gainesville Branch Bonds have appealed to the Supreme Court of the United States, and in the meantime the said sum, having been paid into Court, is held subject to the result of ■such appeal. The road-bed has not edly improved in only been fully maintained, but mark¬ every respect. The cross-ties are in excellent condition, 192,597 new ties having been laid during the year. The trestles also have been thoroughly kept up. During the year 4,054 43-100 tons of steel rails have been laid, covering 46 07-100 miles of track, making 136 miles of main track now laid with steel, and 11 47-100 miles additional have been laid with rails re-cut at ends, where alone defective from the exceptional wear and tear due to they were neglected joints in former years. The receiver has again made a favor¬ able contract for 4,000 tons of steel rails, deliverable in the course of the [Vol. XXIX. coming winter and spring. before-mentioned issues, made in compromise, original indebtedness. The forbearance and extension of said litigations before referred to are : 1. In Tennessee—C. A Stevens vs. The Mobile & Ohio Railroad Com¬ pany, in the Circuit Court of the United States for the Western District of Tennessee. The attempt is on the part of the holders of the bonds of the State of Tennessee to recover a second time from the railroad com¬ panies the payment of the money loaned by the State to said companies. While the claimants under these proceedings have attempted, even before filing their bills (which are filed against eight or more prominent railroad companies of the State), to influence the public in their behalf by the publication of the opinion of the Hon. Charles O’Conor, the com¬ pany, relying on the opinion of counsel equally learned and distinguished, and whose opinions are not based upon the ex parley remises submitted to Mr. O’Conor, has but little anxiety as to the ultimate result. 2. In Mississippi—State of Mississippi vs. The Mobile & Ohio Railroad Company, on appeal to the Supreme Court of the United States. The claim on the part of the State is for payment a second time of the School Fund loaned to the said Company prior to 1860, and repaid to the State in 1864. This case has been already argued, and a re-hearing is ordered. The Receiver is of opinion that the question of tled, and the case jurisdiction being set¬ being before the Court, the decree the railroad company. 3. In Alabama—Creswell, trustee, vs. The Mobile & Ohio Railroad, being a claim for judgment against the Mobile & Ohio Railroad by the holders of the before-mentioned Gainesville Branch bonds ($53,000 and interest). The Receiver is informed that if the Mobile & Ohio Railroad Company is foreclosed by acquiescence from resisting this claim, stock¬ holders, who claim that these bonds were issued coliusively, and without adequate consideration, do propose to contest it and resist said suit for judgment. GROSS EARNINGS AND Gross Earnings. 1878-79. Freight traffic $1,444,737 Passenger traffic... 290,314 EXPENSES. 1877-78. 1876-77. $1,625,071 352,167 40,811 23,844 352,303 51,270 54,900 28,075 $1,830,620 $2,098,540 $2,072,634 $1,984,536 $5 46,044 $620,718 $630,529 $636,913 Express service— 42,012 Miscellaneous 54,775 Ordinary Expenses. Transportation Roadway 416.981 238,814 66,897 308,869 74,080 $1,268,741 exp’s. $561,878 $1,498,526 $600,013 $1,559,108 $513,526 $1,587,926 $396,610 General Net over ord. 494.858 554,969 299,663 73,945 Equipment Total Reconstruction, new equipment and ex¬ ceptional expense 496,083 381,997 72,932 5 accounts 182,410 223,692 350,300 185,095 $379,468 $376,321 $163,226 $211,515 Net earnings over all expenses Davenport & Northwestern. (For the year ending June 30, 1879.) This road was lately sold to the Chicago Milwaukee & St. Paul Company, as reported in the Chronicle. The following figures are from the report made to the Iowa Railroad Com¬ mission for the year ending June 30, 1879. , The company was organized after the foreclosure of the ana the stock and debt are as Stock Bonds In 1875-76. $1,497,987 25,914 27,642 Total ' $1,601,036 366,043 34,937 48,125 24,362 Mail service Davenport & St. Paul, revenue, etc. must be in favor of follows: $3,520,000 comparison with 1877-8, the gross receipts of 1878-9 show 1,710,000 -a falling Off of $267,919, 196,827 though the net revenue over thorough Floating debt maintenance shows a loss of only $38,134. The causes of Total the $5,426,827 decrease in gross revenue have been the derangement of busi¬ The cost of road to the present company, as given in the re¬ ness throughout the Southern States by the advent of yellow port, was $500,000 paid at foreclosure sale and $196,826 fever and somewhat from the actual falling off in the cotton for the extension of the road into the city of Davenport. paid product of the territory tributary to the road. The heavy The earnings for the year were as follows : falling off in receipts for January was due to this latter cause, 1878-79. 1877-78. and to the “ mud blockade ” which then $54,969 prevailed. In addition Passengers $70,146 thereto the rise in the navigable rivers, Freight • 124,856 143,272 occurring simultaneously Express, mail, etc 9,386 with the disappearance of the 9,207 epidemic, added the compe¬ ,.. tition of the boats. Total $189,212 Expenses REORGANIZATION. The agreement of reorganization of Oct. 1, 1876, having re¬ ceived the assent and approval of nearly all of the holders of the obligations of the Mobile & Ohio Railroad 184,285 Net earnings In addition to the $4,926 working there $222,627 204,888 $17,738 paid out for new fencing, tools and machinery, deeming it for the interest of all etc., considered as additions to the property, the sum of $9,751, concerned that a sale of the property under the decrees of fore¬ leaving a deficit of $4,824 for the year. closure should not for the present be had, The Chicago Milwaukee & St. Paul applied to the Court pays for the road $1,750,with reference thereto, whereupon the Court ordered a refer¬ 000 in new 5 per cent bonds, and issues $1,250,000 more of the ence and postponed the sale till further order of the Court. same bonds to put the road in good order and extend it some -Under the approval of the Court, (1) the Mobile & 0hio Rail¬ 25 miles. road Company, (2) the Receiver, (3) the Committee of Reor¬ ganization, and (4) the Farmers’ Loan and Trust Company, GENERAL INVESTMENT NEWS. <tr ustees, have made themselves parties to and have executed the mortgage, the deed of trust, the assignment of securities, Atlantic & Gulf.—This road will be sold at and the powers of attorney provided for Savannah, by the agreement of Nov. 4, under a decree of the United States Circuit Couit. Ga., The reorganization. The several bonds, debentures, &c., to be sale will include 350 miles of road in all, with all other issued under the same, are property being engraved for execution and of the company; it will be made subject to six sectional mortdelivery in exchange for the certificates Committee of Reorganization, Company, the provisionally issued by tfche Committee of Reorganization. These issues have been admitted to quotation at the New York Stock Exchange, and a full account of them was published in the Chronicle of August 2, on page 120. So soon as the Receiver shall have closed up his accounts, and shall be re¬ quested by the Board of Directors of the Mobile & Ohio Rail¬ road Company, he will, upon proper indemnification, transfer the property in his charge to the Company ; but in the mean¬ time, and while pending litigations in Tennessee, and Alabama are undetermined, he will retain the Mississippi custody of the property, under the orders of the United States Circuit Court, and will make such further dividends of surplus revenue as will enable the Fanners’ Loan and Trust Company (trustees right of way, new expenses, was sidings, $1,044,080 in all,toandall tolawful mortgage fages, the debts consolidated for 1,666,000, also subject and contracts of the Receivers. Baltimore & Ohio.—The Baltimore & Ohio Railroad Com¬ pany has purchased and taken possession of the Somerset & Mineral Point Railroad, which intersects the Pittsburg & Connellsville Railroad at Mineral Point. The road purchased is ten miles in length. The price paid was $60,000. It is contem¬ plated to extend the Somerset & Mineral Point Railroad to Johnston, Cambria County, from SQmerset, Pa., at an early day. Burlington Cedar Rapids & Northern-—Chicago Rock Island & Pacific.—The recent negotiations relative to leasing the Burlington Cedar Rapids & Northern Railroad ended on September 6, 1879.] THE CHRONICLE Wednesday in the approval by the directors of that following tonnage: For 1»79, 23,340,000 tons; for 1880, 24,000,000 and I think that no one at all conversant company lease of the road to the & Pacific Chicago Rock Island Railroad Company. The lease is subject to the approval of the stockholders. The Tribune report says: “The negotiations were begun a little more than three weeks ago between officers of the Cedar Rapids and of the of 251 a Chicago & Northwestern After several conferences, terms were agreed upon, and a preliminary lease to the Northwestern Road was signed on August 20 by Frederick Taylor, President of the Cedar am not so firmly wedded to my own opinions as to insist upon them Rapids Company. Two days later the lease was ratified by the if “I they are at all obnoxious to others, and our directors of the Northwestern Road, and a is now, as it meeting of the always has been, entirely willing to adopt any company plan which, without directors of the other company was held on the sacrificing will practically guarantee to us greater profits for following day. the present.theI future, cannot but believe that if either of the It was said then by President plans I have sug¬ Taylor that the scheme had been gested considered favorably by the directors, but that formal action becomeshould be adopted, all of the anthracite companies would at once dividend-earning corporations, and as this is really the great was not taken on account of an informality in calling the object to be attained, I am sure I need not say to you that, so far as our is concerned, its managers will gladly forego their own views special meeting. Several meetings of the Cedar Rapids company directors have been held since that time, but no result was and adopt any plan, by whomsoever suggested, that will in the end produce the desired result." reached until Wednesday. During this period rumors were —Thomas Dickson, President of the Delaware & Hudson. circulated that other companies, rivals of the Northwestern Canal Company, sent the following communication to Receiver Road, had made better offers for a lease of the property, and Lathrop, of the New Jersey Central Railroad Company, after it was said also that one, the Chicago Burlington & Quincy, Mr. Gowen’s letter had been published: was buying the stock of the Cedar Rapids Roaa. New York, Sept. 1, 1879. “At the meeting Wednesday a lease to the Chicago Rock F. S. Lathrop, Esq.: Island & Pacific was ratified by the formal vote of the directors Mr Dear Judge—As I leave the city this eveniDg for a week’s absenoe of the Cedar Rapids Company. The president of that com¬ I beg to assure you of my cordial co-operation in the efforts you are to lead coal the trade “out of the wilderness,” ana to pany refused to make public the terms of the lease or to con¬ making express the earnest desire of the companies. company I represent to have this great industrial interest placed upon a basis that will be fair alike to producer and con¬ sumer. The cause of the demoralisation in the trade is expressed by one word—over-production, and the remedy by another—restnction. If this remedy is to be applied, the course to be pursued is simple. Say* firm the fact that a lease had been made: ‘ For prudential and other reasons,’ he said, ‘ I must decline to reveal the result of the meeting.’ A prominent director of the company, who was present at the meeting, confirmed the truth of the leasing of the road, and at the offices of the Chicago Rock Island & Pacific, and of its unsuccessful rival, the Chicago & Northwestern, no concealment of the result was attempted. The terms of the lease are said not to be different from those offered by the Northwestern Road. Besides assuming the frankly, but emphatically, to the consuming public that they will be sup¬ plied with all the coal they want—the more the better—but that it must be at a fairly remunerative price. Nothing ean be gained by assumptions as to what the market will take or by adjusting in advance the restric¬ tions. All that will be required is a distinct and unmistakable notice that the supply will be governed by the demand. From our experience in the past the problem most difficult of solution is the assignment of quotas, as restriction can only be successful by a lust and fair distribu¬ tion of tonnage; and as this is the rock upon which our plans are likely to be wrecked, I would suggest that a commission be agreed payment of the funded debt, the Rock Island Company guar¬ antees annual dividends on the stock of 3 per cent for five years and of 5 per cent thereafter in perpetuity. The divi¬ dends are to be paid only on the issued stock, which amounts to $6,500,000. There are said to be minor details which render the lease to the Rock Island Company more advantageous than the one proposed to the Northwestern Road. The only con¬ dition to the lease is its ratification by the holders. company’s share¬ This consent, it is said, will not be obtained for several months.” Camden & Atlantic.—Notice is given that tlu*\ second morttage bonds, the principal of which will fall due/Oct. 1, will be paid on and after that date at the office ofTJrexel & Co., in Philadelphia. Chicago Milwaukee & St. Paul —The N. Y. Herald money article, September 4, has the following: “ Both the St. Paul and Northwestern roads publish their earnings for August to¬ day. The St. Paul road shows an increase of $206,514 for the * month.” * * * “It would appear, therefore, that the addi¬ tion of nearly seven hundred miles to the St. Paul property (of which so far no official mention has been upon, com¬ posed of disinterested representative men having the confidence of all concerned, whose decision upon this point shall be binding, final and conclusive. I fear it will be impossible to obtain any substantial advance in prices long as there are unfilled orders at present low rates, and, as the con sumers are tired of unmeaning circulars and so paper that if an agreement be arrived at each interest shall prices, I suggest furnish a certified statement of the amount of orders unfilled, and that they shall be adjusted in such manner that each interest shall have the right to dis¬ low-priced coal, in order that the customers not be placed at a disadvantage wltk those of any other, and when all such orders are filled prices should be advanced and made regular and uniform. The letter of Mr. Gowen addressed to you, and bearing date of the 30th ult., contains the of germ a fair and honorable settlement; but I fear will require the arbitration clause to insure its being entertained. As any temporary arrangement would prove delusive and result in an early renewal of the contest, I trust that if an agreement is reached it will be such as will not only lift the great interests involved from the slough in which they now rest, but w ill pose of its proper quota of of any one interest shall place them upon a basis of sure and permanent Very respectfully, prosperity. Thomas Dickson, President. —The Philadelphia Ledger of August 25th summed up the coal trade prospects, and the following is quoted from its re¬ marks : “On the one side it is assumed that there is a great made) would be neces¬ unprecedented increase in its earnings. over-production of coal, and that nothing but an absolute The acquisition of new branches by the St. Paul Railroad Com¬ suspension of mining or rigid curtailment of production will pany, and the question as to how far it is to be either benefitted cure the evil. On the other hand, it is with equal confidence or injured thereby, is a subject of considerable comment. The asserted that there is no serious over-production of coal, and following particulars have been furnished from a reliable that the cause of the low prices is to be found in the persistent source: The bonded debt, amounting to $30,800,000 on the 1st efforts of at least one New York company to bear the coal of August, 1878, has grown up to $37,825,000 at the present market and keep prices down below the cost of production, time, making an increase for the year of $7,000,000. Of this with a view' of inflicting such injury upon, the entire trade dur¬ increase, $4,000,000 consists of bonds issued to purchase $3,500,000 of Western Union obligations. It is proposed to ing the present year as will ultimately compel all the com¬ panies to come mto accord with the views of the company re¬ make a further issue of $2,500,000 for the purchase or control ferred to. It may be well to look fairly and of the Davenport & Northwestern Railroad, a line 160 miles into both sides of the vexed question. In the firstdispassionately place, it must long. Meanwhile, we learn that the earnings of this road are be admitted that the production of coal up to August 1st of included in the St. Paul receipts for August as given above. It this year has been exceptionally large, the is positively affirmed that the earnings derived from the 531 showing the total amount as compared with thefollowing table miles of additional lines have already appeared in the quantity pro¬ pub¬ duced during several preceding years : lished returns of the company.” To August 1,1873 11,842,245 To sary to account for this Coal Trade.—The following is the letter of Mr. F. B. Gowen, President of the Philadelphia & Reading Railroad, sent August 30th to Judge F. S. Lathrop, receiver of the Central Railroad of New Jersey: Referring to our several interviews during the last tea days on the subject of the coal trade, I have thought it proper to put into writing “ the two alternative propositions I suggested, so that in conference with others you may know exactly the condition of our company. First, wo will agree to unite in a general suspension of mining for two weeks in December next, two weeks in January next, two weeks in next, and one week in March next; or, second, if an absolute February suspension of mining is not satisfactory to all, we will unite in curtailing the output of coal for the five months named to the following amounts: For Sep¬ tember, 1879,1,250,000; for December, 1879, 1,000,000; for January, 1880, 750,000; for February, 1880, 750,000; for March, 1,250,000; and as the establishment of a fixed tonnage for the five1880, months will involve the necessity of a pro rata distribution, I would suggest that, in order to avoid disputes about quotas, the entire tonnage ror the period named be To To August 1,1874 August 1,1875 To August 1, 1876 10,788,901 8,622,423 8,388,934 August 1,1877 11,639,416 To August 1. 1878 To August 1,1879 “ Now, while it is true that the output of 1879 is about five and a half millions of the first more 8,868.177 14,291,880 seven than it months to the was period in 1878, it is less than 2,500,000 greater than it was August 1, 1873, about three and a half millions more than it was in 1874, and only 2,650,000 in round numbers greater than same to it was in 1877; and when we take into consideration the very great increase in domestic consumption that must have taken place since 1873, and the vastly-increased* quantity required for iron and all other manufacturing purposes over the demand of 1874 and 1877, it must be admitted that an increase of about 2,500,000 tons is not very great for a year in which such a re¬ vival of trade is taking place as we have been able to chronicle during the year. quantity of coal on hand divided in the exact proportion which each company will in first hands was actually less on the first of the have had of the total output for the present month eight months ending August 31, 1879. :han it was on the first oi August, 1878, after the enforced re¬ “Each of the above alternative propositions is made conditioned upon striction of production in July of that year, the quantities the following: That the price of free burning white ash coal, free on leing, according to the recent report of Mr. Jones, as follows r board, in New York, be at once advanced as follows: For September, Stock on band $3 per ton ; for October, $3 25 per ton; for November, $3 50 July 27,1873 552,376 per ton; for December to March, inclusive, $4 per ton. That proper and satis¬ Stock on band July 31,1879 503,791 factory agreements be made that will practically guarantee to each of us that such prices will be obtained, ,• and, further, that some supervising 48,585 and controlling committee of one or more persons be appointed with “This certainly does not look very much like great over-pro¬ ample authority to secure a faithful compliance with the proposed duction, and is probably no greater stock than usually accumul¬ agreements. ates in first hands during the dulness which “Assuming the second of the above propositions to be accppted, it will precedes bo practically impossible to produce and ship to market more than the 1 the opening of the fall trade.” * * * * “When, in ; with the trade will doubt that at least such quantity will be required. I still desire to reiterate what I have so often stated to you verbally, that, in my opinion, there is ho such serious over-production of coal as to account for the present low prices, and that all that is really necessary to get good prices is to ask for them, and while I am still convinced that if trade is required, the best plan of all would be to any regulation for the provide for one selling agency for the entire product, establishing thereby something like a clearing house, by which all sales must be made and all moneys be collecterl and distributed. present Indeed, the v . invariably June, 252 THE CHRONICLE. [VOL. XXIX lie Reading Company offered to take all the surplus coal of foreclosure, but that as the order of sale provided for a prefer¬ Company at an advanced price, ence to be given to certain claims made by a receiver appointed lie offer was at once rejected and afterwards accepted, subject under the second mortgage, the first bondholders have ap¬ to terms which were, however, submitted to with a view of im¬ pealed from the distribution of any of the proceeds of sale to proving the general trade; but the second auction sale of 50,000 such claimants, and expect to buy in the property at the sale. tons in advance of the wants of the market has had the effect New Jersey Midland.-—Chancellor of demoralizing the trade and convincing buyers that it is Runyon on Monday de¬ cided, in relation to the foreclosure of the Midland Railway dangerous to purchase largely so long as there is any danger of a continued recurrence of such sales. A more temperate course mortgages, that he would issue the decree in accordance with of action would in any event have inspired more confidence, the terms of the mortgage, leaving the other equities to be as¬ and if it should appear that the market will actually take from certained by a master before the day of sale. New York City Finances.—Comptroller 24,000,000 to 25,000,000 tons of coal, \yhich, in the opinion of Kelly has issued his some intelligent upon the annual report of the operations of the Finance Department subject, is not improbable, a very heavy load of responsibility will be seen to rest somewhere. for the fiscal year ending August 1, 1879. The document gives The loss to the trade this year, by loss in price easily attain¬ in detail the receipts and expenditures of the city during the able, may be set down at not less than $20,000,000. We under¬ past year. stand that there is little or no probability of a general suspen¬ OPERATIONS OF THE CITY TREASURY FROM AUGUST 1, 1878, TO sion. It is pretty well known that the Reading Railroad Com¬ AUGUST 1, 1879. pany. which suffers so much from idleness, is opposed to such Receipts. a course, and we are creditably informed that the other com¬ Cash balance in the City Treasury August 1, 1878..I $1,122,955 panies are by no means unanimous in recommending it.” * * From taxes, by Receiver of Taxes $23,925,991 The following is a statement of the anthracite coal tonnage for From arrears of taxes, by Clerk of Arrears 3,467,997—27,393,989Revenues of the general fund, including surplus revenues the first seven months of this year compared with the same of the sinking fund for the payment of interest on the period last year: city debt 2,762,952 lie Delaware & Hudson Canal “ 1879. Reading Railroad Dehigli valley RR Central RR. of New Jersey.. Del. Lack. & Western RR... Delaware & Hudson Canal.. Pennsylvania Railroad Pennsylvan a Coal N. Y. L. E. & W. RR Total “ 4,097,475 2,411,922 2,085,146 2,048,864 July 31, 1879, Inc.. Inc.. Inc.. 1,061,798 Inc.. 688,171 502,337 138,992 Inc... 1,642,335 928,003 818,281 259,851 was on 614,198 949,223 947,574 580,537 239,831 315,944 120,859 Inc.. Inc.. 8,868,177 Inc.. 5,423,703 shipping points 503,791 tons ; on June 30, 432,167 tons ; in¬ leading coal-carrying companies make the following reports of their tonnage for the week ending August 16, and for the year to the same date, compared with their respective . amounts carried to the Week. Reading RR...... 150,814 Schuyl. Nav 19,530 Dehigli Valley.... 76,356 D. L. & Western.. 82,039 20,947 78,424 13,067 29,378 74,682 7,112 Shamokin... Cent. New Jersey United RR. N. J.. Penn. Coal Del. & Hudson.. Hun.&B. Top.... Pa. &N. Y . 24,114 36,006 Clearfield, Pa..... time last year same 1879. 5,349,837 560,635 2,884,658 2,236,872 550,280 2,353,497 542,968 871,185 2,005,567 202,411 822,494 937,874 > 1878. 3,736,449 345,040 2,411,543 1,228,449 320,488 1,372,163 464,835 484,118 1,264,194 161,031 741,430 799,387 Difference. * Inc.. 1,613,388 Inc.. 215,595 Inc/. 473,114 Inc..1,008,423 Inc.. 229,792 Inc.. 981,333 Inc.. 78,132 Inc.. 387,066 Inc.. Inc.. Inc.. Inc.. 41,379 81,064 138,457 notice to bondholders who signed the agreement of May 17,1879, requesting them to sign a supple¬ mentary agreement made necessary by Justice Hanan’s decision. Copies of the agreement will be found at the office of the Union Trust- Company, No. 71 Broadway, or of A. Iselin & Co., No. 48 Wall street. a The notice will be found in our advertis¬ ing columns. Dayton & Southeastern.—Receiver J. E. Gimperling reports as follows for the period from his appointment, Aug. 9, 1878, to July 81, 1879 : Passenger earnings Freight Other ; sources Total earnings Net per mile) per cent.) $94,015 64,906 earnings ($418 per mile) new equipment $29,108 Betterments and Balance Betterments .$28,630 60,961 4,423 ($1,349 Expenses and taxes (69 of road cost 17,462 $11,646 $8,626; the chief items were $2,921 for ballasting, $2,387 for new sidings and $1,320 for fencing. The amount paid for new equipment was $8,835, of which $2,820 was paid for 14 flat- cars and $6,015 on a contract to buy 70 box and stock cars. Grand Trunk (Can.)—Great Western (Can.)—Wabash.—The Detroit Post and Tribune says, of the recent meeting of officers of these three companies, the result of the conference was sub¬ stantially this : “ The Wabash extension from Toledo to De¬ troit is to be built this season, the Grand Trunk, Great Western and Wabash each to furnish an equal quota of the necessary means—not in the shape of bonds or guarantees, but in actual funds. The three roads will occupy a union depot in this city —probably that of the Detroit Grand Haven & Milwaukee Company. The work of constructing the road is to be com¬ menced at the earliest possible day. Ex-Gov. Ashley of the Toledo & Ann Arbor road also had Proceeds of stocks and bonds issued for public an interview with General improve¬ $9,353,792 27,931,900—37,285,692 ments Revenue bonds in anticipation of taxes Of various special and trust accounts Appropriation Account—Amount re-deposited on account of gold purchased for payment of interest and refundings, &c. Total 939,517 175,857 $69,680,964 Disbursements. Warrants drawn for payment on account of appropriations for the support of the city7government, including State taxes, and principal and interest of the city debt Warrant s drawn for the redemption of revenue bonds $27,112,375 Warrants drawn for payment on sundry ' special and trust accounts 10,752,612 Total Deduct difference in amount of warrants out¬ standing on Aug. 1, ’78, and on Aug. 1, ’79... Total Cash balance in $30,927,517 $37,864,987 527,670—37,337,317 $68,264,834 1,416,129 city treasury August 1,1879 Total OPERATIONS OF THE SINKING FUNDS AUGUST T. THE SINKING FUND FOR THE 742,372 Colnmbus Chicago & Indiana Central.—The bondholders’ committee has issued From loans— , hand at tide-water 71,624 tons. “The Difference. Inc..1,655,534 14,291,880 The stock of coal crease, 1878. 2,441,941 1,797,723 1,135,923 1,101,290 FROM AUGUST $69,680,964 1, 1878, TO 1, 1879. REDE3IPTION OF THE CITY DEBT. Receipts. Cash balance in this fund August 1, 1878 From revenues fund Amount raised to ; pledged by law to the sinking by taxation, 1879—transferred sinking fund under chap. 383, laws of ’78. $4,451,991 1,000,000 Transferred from assessment fund—collections under chap. 383, laws of 1878 500,000 Proceeds of consolidated stock, issued under sec. $159,378 6, chap. 383, laws of 1878...$6,900,000 From investments in city stocks .and bonds held by the Sinking Fund Commissioners, paid off by the corporation when due Total - 24,341—13,240,653: $13,400,031 ; Disbursements. For redemption of the city debt, paid from the sinking fund $11,322,274 sundry investments in city bonds and N, stocks 1,9657792 For For assessment over-payments soles, moneys refunded and on street vaults 16,917 Total $13,304,983 Deduct difference in amount of warrants out¬ standing on Aug. 1, 1878, and Aug. 1, 1879. Cash balance in this fund August 1, 1879 19,242-$13,285,741 114,290 Total $13,400,031 II. THE SINKING FUND FOR THE PAYMENT OF INTEREST ON THE CITY DEBT. Cash balance in this fund From revenues Receipts. August 1,1878 $699,725 pledged by lawr to this fund 1,999,235 Total $2;698,961 Disbursements. For amount paid for interest on stocks and bonds, payable by law from this fund For surplus revenue of this fund, transferred . $550,650 to the as general fund for reduction of taxation, provided bylaw For amount refunded water rent, &c for errors in Croton 11,346 Total Add amount of difference between warrants outstanding on Aug. 1, ’78, and Aug. 1, ’79.. Cash balance in this fund August 1, 1879 1,044,000 $1,605,997 98,378—$1,704,375 994,586 Manager Hickson. At its termination Mr. Ashley asserted that Total $2,698,961 lie should go on and build his road to Pontiac, and believed DECREASE IN THE DEBT. that he would receive the desired co-operation.” The bonds of the corporation are classified in the Indiana Bloomington & Western.—This following company which, table according to the provisions of the laws for their payment, through foreclosure, has acquired the Indianapolis Blooming¬ under the authority of which they were Sf^erally issued* ton Western Railroad, has an annual interest account of Revenue bonds form a distinct class of short tifrne obligations, $250,000 for two years, or 3 per cent; for the third and fourth which are issued from time to time in anticipation of the collec¬ years the interest is 4 per cent, and for the fifth and sixth 5 per tion of taxes, to provide for current expenses and in general to cent, and thereafter, until maturity, 6 per cent. Then comes in carry on the finances of the city: the $1,000,000 of preferred bonds drawing 7 per cent interest. Amount Amount Logansport & Crawfordsville.—Telegrams from Indian¬ Classification of Bonds Outstanding. Aug. 1,1878. Aug. 1,1879* 1. Bonds payable from taxation in the years apolis state that the Logansport Crawfordsville & Southwest¬ they fall due, under the several statutes ern Railway will be sold on the 10th inst. under a decree of authorizing their issue $99,792,590 $96,196,515 September 6, THE CHRONICLE 1879.] Amount 2. Bonds payable from the sinking fund, un¬ der ordinances of the Common Council. 3. Bonds payable from taxes raised annually and paid into the sinking fund for their Amount Aug. 1, 1878. Aug. 1,1879. $18,784,243 18,741,143 175,963 1,810,755 redemption, under section 8 of chapter 383, laws of 1878 4. Bonds payable from the sinking fund, issued to refund old issues, under sec¬ tion 6 of chapter 383, laws of 1878 5. Assessment bonds, issued under various statutes for local improvements con¬ firmed prior to June 3,1878, the date of - city treasury 7581 20,670,000 12,780,400 204,500 807,500 1878, for local improvements contracted or commenced prior to that date, and payable from assessments and the city treasury, under the statutes author¬ izing the works, and chapter 383, laws of 1878 7. Assessment bonds, issued for local im¬ provements contracted for or com¬ menced after June 3,1878, and payable from assessments and the city treasury, under the statutes authorizing the works, and chapter 383, laws of 1878 $109,388,128 Legislature Amount issued against taxes of 1877... Amount issued against taxes of 1878... Amount issued against taxes of 1879 “ 14,542 2,540,000 15,759,775 “Mortgages held by the Corporation the $127,702,446 $124,878,859 The following comparative statement, showing the debt of the city from 1870 to 1878, is given : Funded debt Temporary Temporary Amount of Year stocks and debt (assess-debt (revenue sinking ment bonds.) (Dec.31.) bonds.* bonds.) fund. 1870.. $68,998,146 $10,525,100 $11,966,200 $18,115,894 1871.. 87,238,608 14,944,000 6,396,100 20,182,321 1872.. 93,773,659 16,927,372 8,114,197 23,348,074 1873.. 99,492,219 21,927,372 10,449,979 24,841,100 1874.- 118,241,557 20,851,000 2,711,200 26,823,788 1878.. 126,128,815 * 21,322,200 22,371,400 21,329,500 13,481,500 4,142,927 6,104,844 6,051,424 5,951,875 Gross earnings for July Operating expenses Sundry expenses and interest other than $73,373,552 88,369,386 95,467,154 as Interest of 5-28. amount being taken in or 119,811,310 117,700,742 113,418,403 REAL AND PERSONAL a $852,516 i funded debt 2:>s per cent on $71,043 315,000 $20,000,000 stock. $537,516 of consolidated 6 per cent mortgage loan. This loan is de¬ signed to take up all preceding loans as they mature, and is in no part additional to the existing funded debt of the company. A condition of this new loan is that five years after the date of issue the company shall set apart to a sinking fund 1 per cent of the amount issued. Under this condition 1 per cent was last year set aside on $10,000,000; this year 1 per cent will be set aside on $25,000,000; and next year 1 per cent will be set aside on $30,000,000. Phis will continue steadily on until all he prior f unded debts of the company are absorbed into the new consolidated loan. We know of no other requirement of he kind on the company, except the appropriation of $50,000 per month in the buying up of securities guaranteed by the premium PROPERTY VALUATIONS. The aggregate assessed valuations of property $188,532 Pennsylvania Railroad.—The Philadelphia Ledger, August Pennsylvania Railroad Company some five or six years ago obtained authority to issue one hundred millions per cent lot at $114,822 30, said: “ The to legality on August 1, one on Net The report shows that, under the provisions of chapter 383 of the laws of 1878, for refunding the bonded debt, assessment bonds amounting to $6,900,000 were refunded in October last, in “ consolidated stock of the city of New York,” five bonds, the whole s Per annum, pro rata 107,028,471 114,979,969 116.773,724 funded 2,667-117,489 Net earnings Payable from taxes and sinking fund. 1879. on debt Note.—The bonded debt of the towns annexed from Westchester county in 1874 is not included in this statement. It amounted to $1,036,614, including $6,500 in dispute property sold by the Sinking hund.” debt. 32,143,787 on New York & New' England.— Net bonded 27,748,307 28,296,247 31,120,315 MORTGAGES. Commissioners of the Sinking Fund amounted on August 1, 32,135,530 1879, to $537,477. The interest on mortgages, when collected, is paid into * The Sinking Fund for the Payment of Interest on $105,255,783 the City Debt;’ and when the mortgages are paid off the pro¬ ceeds are paid into ‘ The Sinking Fund for the Redemption of 9,775 the City Debt/ the same as the amount paid on account of the 800,000 purchase of city property, and until this is done the amount 2,561,000 aue to the city on mortgages does not appear to the credit of 16,252,300 Total amount, less sinking fund 1875.. 119,056,903 1876.. 119,631,313 1877.. 121,440.133 arrears. OF CITY PROPERTY. “During the last year sales of real estate belonging to the city, and not used or needed for public purposes, have been made under the authority of the Commissioners of the Sinking Fund. A part of the property consisted of vacant and unim¬ proved lots in the upper part of the city, and apart of improved business locations in the lower part of the city. The prices obtained were considered very satisfactory for the public inter¬ ests and favorable to the policy of selling the real estate belong¬ ing to the city not required for public purposes. The sales amounted in all to the sum of $301,800, of which the cash received and paid into the city treasury, to the credit of the sinking fund, was $190,537 50 ; mortgages were given for $80,205, and the amount not closed on August 1, 1879, was $31,057 50. $139,627,296 $137,391,314 30,239,168 Amount, less sinking fund “SALES 155,000 fund (investments 8. Revenue bonds— Amount issued under special acts of the extending the time of payments of # for Totals Amount of sinking and cash)... uncollected in the Bureau for the collection of assessments on was $1,208,211 79, and the amount of arrears of assessments in the Bureau of Arrears was $9,419,325 78, making* a total of unpaid assessments on that date^ of $10,627,537 57. “No tax sales have been made since 1874, nor sales for arrears of assessments since 1875, on account of acts of the Legislature August 1, 1879, 6,900,000 passage of chapter 383, laws of 1878, and payable from assessments and the 6. Assessment bonds, issued after June 3, 253 subject to taxation in the city and county of New York for the year 1879, as returned to the Board of Supervisors by the Tax Commis¬ company.” sioners, is given in the report as $1,094,069,335. The valuation Peoria & Springfield.—Judge McCulloch, of the Circuit of real estate is $918,134,380, and of personal estate $175,934,- Court, made an order at Peoria, Ill., August 28, in the Peoria & 955, a total net decrease on the valuations for 1878 of $4,318,Springfield Railroad case, that the road, which is now under 440. The following comparative table is given, showing the ease to the P. L. & D. be delivered into the hands of the assessed valuation of real and personal estate, the rate of tax receiver, J. R. Hilliard, and that the Pekin Lincoln & Decatur and the amount of taxes levied in each year, from 1870 to 1879 lay $3,349 back rent; that on September 1 it pay $3,000 rent inclusive. :*or July, and that it Assessed valupay $3,000 on the 1st of October, rent due Assessed valu¬ : for ations of atious of perAugust. The Peoria & Springfield runs from Peoria to Rate of Amount of Year. real estate. sonal estate. tax. taxes levied "Pekin, and six roads use its track. . ' $742,103,075 1872 :.... * $305,285,374 769,306,410 797,125,115 836,691,980 881,547,995 883,643,545 892,428,165 895,063,933 900,855,700 918,134,380 306,947,223 306,949,422 292,447,643 272,481,181 217,300,154 218,626,178 206,028,160 197,532,075 175,934,955 2‘25 2*17 2 00 $23,569,127 2-50 2*80 2*94 2*80 2 65 2*55 28,230,996 32,306,334 32,368,800 31,105,533 29,178,940 28,008,888 *2*53 *28,226,988 23,362,527 32,035,480 Rate of tax and amount of faxes estimated for 1879. Pittsburg Titusville & Buffalo.—The following is a comparative statement of the business of the Pittsburg Titus¬ ville & Buffalo Railroad Company for three months ending July 31,1878 and 1879, as furnished by J. W. Jones, its presi¬ dent : Receipts Expenses Net profit The 1878*. 1879. $119,248 $116,645 81,524 $37,723 62,366 $54,278 Comptroller says that in the matter of personal taxes —showing a decrease in receipts of $2,602, with a decrease only a small fraction of them can ever be collected. “ They in "expenses of $19,157, making the increase in net earnings are, in fact, an actual loss to the city treasury—a loss aggra¬ $16,555. vated by the fact that while the city really loses personal taxes Portland & Ogden sburg.—At St. in arrears, the State gains the amount of State tax Johnsbury, Vt., Chancellor paid upon Powers made a final decree, the valuations of personal foreclosing the preference mort¬ property on which such taxes were gage of $500,000, declaring it to be the first lien upon the levied.” property prior to the lien of the $1,800,000 of the first mort¬ The report proceeds as follows : gage bonds held by the assenting bondholders. The court, in TAXES. rendering this decree, also dismissed the supplemental bill of “The tax levy for 1879 is not confirmed by the Board of Super¬ Fairbanks & Co. and the cross bill of the lien claimants. Some visors at the date of this statement, and the amount of taxes of the parties will decision is appeal. This a victory for the that will be imposed and levied cannot be exactly determined. Mercantile Trust Company of New York, which owns a majority It will, however, slightly exceed the total amount of taxes in of the preference bonds. The Trust Company has been most 1878, on account of the additional appropriations made by the persistent in pressing its many suits in the State and Federal Legislature. The rate of tax will also be a small fraction more courts, and it is now rewarded by a decree which probably will than in 1878, for the same reason, as well as because the net insure the reorganization of the Portland & Ogdensburg Rail¬ amount of the assessed valuations of property is $4,318,440 less road, Vermont division, on the basis of the agreement formu¬ than the valuations in 1878, The* ate of tax for 1879 is esti- lated at Springfield. mated at 2*58 “ . per cent, against 2*55 “unpaid Z/‘The balance of per cent in 1878.” ASSESSMENTS. assessments for local * * . improvements remaining Union Canal.—This canal will be sold at sheriff’s saleitt It is 78 miles long, from Reading to the Reading, Pa., Oct. 4. Susquehanna River. 254 THE CHRONICLE, ghz Commercial jinxes. O O T T O N. ^JOM^RCIAirEPifoSr The Movement of the Crop, as indicated by our telegrams from the South to-night, is given below. For the five days ending this evening (Sept. 5), the total Friday, P. M.f September 5, 1879. Friday Night, September 5, 1879. ' Hot, sultry weather, most unfavorable to exertion of any sort, has been followed by clear skies and lower temperature, giving a great impulse to the opening of fall trade; and there is nothing, in the volume of transactions or the leading features of business, to complain] of. Everything looks favorable and promising. Still, there is a wholesome^ apprehension that too much may be anticipated, imposing a wholesome check upon inconsiderate ventures. The following is a statement of the stocks of of domestic <ana foreign merchandise at dates leading articles given: Pork Beef Lard bbls. tcs. and bbls. tcs. Tobacco, foreign bales. hhds. Tobacco, domestic Coffee, Rio Coffee, other Coffee, Java, Ac Sugar Sugar bags. bags. mate. hhds. boxes. Sugar Melado bags, &c. hhds. hhds. bbls. Molasses, foreign Molasses, domestic Hides Cotton Rosin..... No. bales. bbls. bbls. bbls. Spirits turpentine Tar Rice, E. I Rice, domestic bags. bbls. and tcs. Linseed bags. bags. Saltpetre Jute Jute butts Manila hemp In [VOL. XXIX. bales. bales. bales. provisions 1879. Sept. 1. 89,488 285 119,760 16,271 48.859 78,294 73,300 65,809 83,732 28,097 642,000 4,044 8,004 5,000 89,400 35,320 26,595 1,624 2,303 6,250 1,125 1,364 15,000 3,016 22,170 19,967 1878. August 1. 101,140 Sept. 1. 75,237 1,420 58,690 26,620 41,735 14,483 21,251 461 127,169 18,301 43,592 69,085 50,000 60,321 83,384 29,144 623,000 4,513 10,255 8,000 138,500 92,516 30,031 3,979 4,000 77,242 12,342 158,500 2,758 5,208 2,000 23,022 32,376 3,472 8,970 840 3,417 27,749 - 470 3,850 1,350 41,629 5,900 4,580 17,814 42,365 28,826 a much better business has been effected, and higher prices have ruled, and at times considerable excitement, in sympathy with the speculative interest manifested in the West. To-day, there was a slight reaction ; the excitement and firmness of the preceding days were wanting, and the de¬ mand of limited proportions. Pork sold on the spot at $8 80@$8 90@$9 ; future deliveries were dull at $8 75 @$8 80 for September, and $8 80@$8 85 for October; In lard was more there were sales of prime Western on the spot at 6*15c., and for October at 6*22%@6‘20c., and seller the year at 5*85@ 5*80c.; December quoted 5,82%@5*85c; refined to the Conti¬ nent was quoted at 6%c. Bacon was very dull and almost wholly nominal at b%c. for long and short clear together. Beef was in better sale and firmer at $18 50@$19 for extra Philadel- and Ehia been Indiainmess, $19@$22 for city. Buttercurrent. and cheese better demand and firmer figures ave New Orleans are sales for the week are only 650 hhds., of which 400 for export and 250 for home consumption. Lugs are quoted at 4@5%c., and leaf 6@12c. There has been a consid¬ erable movement of seed leaf, the sales of the week aggrega¬ ting 1,959 cases, as follows : 264 cases, crop of 1878, Housatonic, private terms and 11% to 20c.; 150 cases, crop of 1878, Penn¬ sylvania, private terms ; 100 cases, crop of 1877, Pennsylvania, 14c.; 100 cases, crop of 1878, New England seconds, private terms ; 100 cases, crop of 1877, New England wrappers, 16 to 22c.; 975 cases, crop of 1878, Wisconsin, private terms, and 5% to 12c.; 120 cases, crop of 1877, Wisconsin, 7% to 9c.; 150 cases sundries, 9 to 20c. There have also been more important trans¬ actions in Spanish tobacco, the sales embracing 600 bales Havana on the spot at 82c.<§f>i 10 and 1,000 bales do., crop of 1879, to arrive, on private terms. There has latterly been rather a quiet market for Brazil coffees, and yet all prices are well sustained; fair cargoes, 13%@13%c. Mild grades have continued in good jobbing sale, and all quo¬ tations remain steady. Molasses has latterly been in good re¬ quest, and full figures are now in order ; 50-test Cuba refining, 24%@25e.; New Orleans grocery, 23@39c. Refined sugars have sold fairly at full figures; standard crushed, 8%c. Raw grades have had an active movement, and holders have advanced fair good refining Cuba to 6%@6%c. In ocean freight room a very satisfactory movement has been reported ; rates in some instances, for berth room particularly, have shown a slight weakness and irregularity, but petroleum vessels are firmly held. To-day, business was quite small. Grain to London, by sail and steam, 7%d., 60 lbs.; do. to Bris¬ tol, by steam, 8d., 60 lbs.; do. to Cork, for orders, 6s. per qr.; do. to Brest, 6s.; do. to Antwerp, 5s. 3d.; do. to Bordeaux or Hamburg, 5s. 7%d.; naphtha to Bremen, 4s. 9d. Naval stores have latterly been very quiet, and the liberal arrivals of 1877. 1876. 1875. 2,124 1,651 1,364 558 952 438 Charleston 3,022 1,015 810 4,534 355 2,590 1,872 1,386 2,551 25 63 11,599 6,189 1,134 1,357 4,588 .7,021 2,903 8,503 Port Royal, &c Savannah .... .... Galveston 2,712 5,614 Indianola, <fec Tennessee, &c 192 203 63 1,126 596 396 482 299 108 14 33 48 86 577 278 153 399i 287 86 514 636 797 29 76 68 13,920 26,750 5,885 19,733 18,676 13,920 26,750 5,885 21,664 22,921 Florida North Carolina Norfolk City Point,&c.. .... Total this week .... ... Total since Sept. 1. 246 .... 217 .... The exports for the week ending this evening reach a total of 5,929 bales, of which 5,618 were to Great Britain, 311 ’ to France, and none to rest of the Continent, while the stocks as made up this evening are now 53,109 bales. Below are the stocks and exports for the week, and also for the corresponding week of last season: Week EXPORTED TO— ending Sept. 5. Great Britain. N. Orl’ns Total this Week. Conti¬ France, 949 Mobile.. nent. .... 949 .... STOCK. Same Week 1878. 1879. 380 1878. 5,138 4,435 ' .... Charl’t’n .... .... .... .... .... • Savan’h. .... .... Galv’t’n- • .... N. York. - • • .... 311 4,482 Norfolk- 187 • • • .... .... 710' 1,643 .... 728 3,804 2,650 7,631 10,526. 10,09S 20,968 .... .... .... .... 1,709 4,793 .... .... Other*.. 28,298 .... .... 454 34 187 314 7,500 6,000 2,403 53,109 57,508- Tot. this week.. 5,618 311 5,618 311 .... 5,929 .... 5,929 = Tot.since Sept. 1. ; to 1878. Mobile Kentucky tobacco is held higher, and this fact has kept busi¬ ness within narrow limits 1879. at 127,000 1,594 " 7,193 Receipts this w’k , 1879. 12,208 receipts have reached 13,920 bales, against 4,875 bales last week, 4,843 bales the previous week, and 3,462 bales three weeks since; making the total receipts since the 1st of September, 1879, 13,920 bales, against 26,750 bales for the same period of 1878, showing a decrease since September 1, 1879, of 12,830 bales. The details of the receipts for this week (as per telegraph) and for the corresponding weeks of four previous years are as follows: ♦The exports 2,403 ...... this week under the head of “other ports” include, from and from Philadelphia, 50 bales to Liverpool. Boston, 137 bales to Liverpool; From the loregoing statement it will be seen that, compared with the corresponding week of last season, there is an increase in the exports this week of 3,526 bales, while the stocks to-night 1,399 bales less than they were at this time a year ago. In addition to above exports, our telegrams to-night also give us the following amounts of cotton on shipboard, not cleared, at the ports named. We add also -similar figures for New York, which are prepared for our special use by Messrs. Carey, Yale & are Lambert, 60 Beaver street: On Sept. 5, at— Liver¬ pool. New Orleans Mobile Charleston Shipboard, not cleared—for Other Coast¬ Foreign wise. France. Other ports 297 None. None. None. None. 2,850 None. None. None. None. None. None. None. None. None. None. None. None. None. None. Total 3,147 None. 152 Savannah Galveston New York 152 Leaving Stock. Total. None. None. 50 449 None. 1,000 2,550 1,000 2,550 None. None. -3,200 3,600 7,249 4,689 710 678 50 None. ' 1,650 5,081 25,098 7,954 45,860 ♦ Included in this amount there are 350 bales at presses for foreign ports, the destination of which we cannot learn. The following is cotton at all the our usual table showing the movement of ports from Sept. 1 to Aug. 22, the latest mail dates: RECEIPTS SINCE 8EPT. 1. Ports. 1878. 1877. N.Orlns 1173,957 1371,780 Mobile. 362,254 514,653 706,144 413,691 460,345 600,819 450,081 EXPOR TED SINCE SEPT. Great Britain. _ France, | Other j Foreign 1 TO— Stock. Total. 676,859 218,499 347,326 1242,684 57,954 35,583 29,677 123,214 150,410 57,140 176,143 383,693 205,463 23,646 232,677 461,786 224,653 59,478 64,010 348,141 284,031 14,699 27,213 325,943 135 13,756 1,967 15,858 44,472 2,050 18,589 65,111 193,829 713 5,098 199,640 496 18,470 247,314 228,348 4,086 292 spirits turpentine have caused a decline and consid¬ Char’n* 148 erable weakness. Quoted 26%c.; common to good strained Sav’h.. 1,437 rosins, $1 25@$1 30. Petroleum has been quite steady, as Galv.*. 571,558 5,667 refiners now control the offerings. Refined, in bbls., for early N. York 147,667 144,132 62,357 delivery, quoted at 6%c.; cases have been active for the East Florida 56,704 14,347 Indian trade at 8%c.@10c. There are no new features in metals N. Car. 135,195 144,728 129 to be noted. Iron, and rails, in fact the whole tone is decidedly Norf’k* 560,308 510,116 1,310 firm, the demand is good, and the only drawback to an active Other.. 219,966 163,476 9,750 market is the extremely limited supplies on hand to come for¬ ward. Ingot rhisyr. 4448,406 2079,775 414,271 919,338 3413,384 85,176 copper is in small sale at 16%@16^4c. for Lake. Whiskey declined to-day to $1 05%, and was more active. Last ye ar 4273,515 2151,305!497.743 681,924 3330.972 49,327 Alcohol has been taken freely for Under the head of Charleston is included Port September delivery, at Royal, Ac.; under the head of Galveston is included Indianola, Ac.; under the head of 3(%@30%c. in bond for export. Norfolk is included City Point, Ac. > ...... ♦ September 6, 1879. j to 12£c. for the spot were reduced on |c. on middling uplands, Monday last, For December. Bales. at which there has been a moder¬ ate business for home consumption, but with not much doing for export 004327.96819.527.781 Thursday the weather reports Exchange were much better—in fact, excellent. although foreign advices were still better and to Cotton our Yesterday, 900 1,400 1,200 1,700 1,400 Aug. 30 to Sept. 5. Sat. 1,^00 1,000. The 144 pd. to exch. 1,500 Oct. for Str.L’wMid 12% 12 12 121s 12*8 121*2 1258 Good Mid 12i316 127x6 127, e Str. G’d Mid 131-16 1211x6 1211x6 Midd’g Fair 133* 1338 ■ 1338 Fair 14 143a 14 Th. Good Ord.. 11716 117x6 Str. G’d Ord 11**16 Low Midd’g 11*3x6 11*3x6 Str.L’w Mia 12 12 llitxe Futures 121« 12*8 Fair 121x6 Wed Th. 1013U 113*6 11916 H*3i6 1115x6 1013x6 H3i6 11916 11*3x6 11*316 1218 121*16 12% 12% 14 137x6 14*16 1418 1338 14 11% 14% STAINED. 14% 14% Frl. Wed 14% Th. 1013x6 113*6 H9ig 11*3x6 11*5x6 11% 11% 11% 12 H316 119x6 12916 12% 12*3x6 1213i6 12%' 131*2 13% 139x6 14% 13% 14% Mon Tues Wed $ fi>. 11% 10% 1158 10% 11% 11*5x6 11% 10% 11% 119ie 11V Th. 10% 11% 11% 11% CLOSED. Con- 1,176 34 735 633 778 555 902 195 4.779 . • • Tues. Steady Wed • 150 . . • 11 Firm Thurs Firm Fri. Spec- Tran¬ port. sump. ul’t’n Sat.. Steady Mon Quiet, at 38 dec.. • Firm,at adv.of%e T6tal • • • 400 11-83 11-84 11*85 1!*86 11-87 11*88 600... 3,300 400 100 400 1,300 1,000 8,800 1,800 800 1,000 100 200 10J 4,400 900 S.000 400 900 800 100 400 800 600 11 90 11*98 11*99 1200 1201 12 02 ...12 03 12*04 12*05 3,500 sit. 114 • • • • .... 100 ■ • Total. • • • • • • • • 1,028 .... 214 Deliv¬ eries. Sales. 71,900 555 936 78,400 68,400 48,600 700 200 700 300 1,200 1,100 12*03 12*12 12*13 1214 12*15 12*10 6,000 6.300 ...12*18 12-19 12*17 12*20 12-44 For October. Cts. 10-09 2,400 10-70 300. 10-71 400 10*72 2,200 10*73 400 10-74 700 10-75 400 10*70 Bales. 200 10*77 600 1,600 800 300 12-45 12-47 - 12*48 5,000 100 8.n. 1st.12-49 6,800 3,000 12-49 100 s.n. 1st. 12 50 6,500 2,100 12-50 8,300 100 s.n.2d..12-51 10.400 3,300 12-51 12,700 3,700 12*52 10,800 3,500 12*53 10,100... 800 12*54 1,400 12*58 4,000 400 V...1259 1,200 12*00 700 12*01 12,400 200 12-02 9,700 800 12*03 13,000 900 ...12*04 5,000 1,800 12-05 300 ,12*06 11,300 187,100 16,900 . 10-78 10-79 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 ....10-93 10-94 10-95 10-90 10-97 10-98 10-99 1100 11 01 11*02 11-03 !1'04 11-00 Bales. 2,500 800 800 1,200 Cts. 11-06 11-07 11-08 11-09 1,400 ll-io 800 <500 11-12 11*13 202,100 For November. 400 100 200 800 500 500 2,500 500 1,400 2,100 1,200 3,400.. 2,800 1,000 3,000 800 3,000 8,609 1,900 1,700 1,600 1,900 800 300.. 100 100 30,900 Day. — — — — - — — Day. Closing. — - _ 74 37 32 39 10-95-10*82 10-52-10*43 10-44-10*37 10*52-10*49 49 10*62-10*54 63 10*72-10*67 10-92 10*49 10*42 10*50 10*60 10*71 75 10-8210*80 12*15 Firm. Friday. Variable. Dull. Irregular. For Day. High. Closing. Low. For Day. Closing. October 1100-10-87 10-99 11*05-1100 10-99 t Nov’ber 10-5910-47 10-56 10-62-10-54 10-53 55 Dec’ber 10-51-10-43 10-48 49 10-51-10-46 10-45 47 Jan’rj*. 10-5610-49 10 54 55 10-58-10*54 10-53 55 Feb’ry. 10-66-10-61 10-64 66 10-6810-63 65 March.. 10-81-10-72 10*75 77 10-78-10-76 10-74 76 - For Day.* 73 84 Closing. 10-47-10-42 10*40 — 10-54-10*50 10*47 48 — . — — Steady. Easy. To 2 P.M. 11*01-10*97 11*97 9810*55-10-50 10-50 51 Steady. tile. op Cotton, as made up by cable and stocks are the figures Britain ar.d the afloat telegraph, is as follows. The Continental of last Saturday, but the totals for Great for the Continent brought down the to are this week’s returns, Thursday evening; hence, complete figures for to-night Stock at Liverpool Stock at London :. Total Great Britain stock. Stock at Havre Stock at Marseilles Stock at Barcelona Stock at Hamburg Stock at Bremen Stock at Amsterdam Stock at Rotterdam and consequently to make the totals (Sept. 5), we add the item of including in it the exports of 1879. 1878. 1877. 1876. 379,000 71,850 519,000 18,750 807,000 32,000 749,000 450,850 104.010 2,120 22,000 537,750 159,500 7,000 19,000 6,500 36,750 43,000 7,750 839,000 221,250 11,000 13,000 737,500 170,500 4,500 70,000 12,500 55,000 65,000 14,000 17,000 15,250 440,250 423,750 3.000 14,153 30,822 1,438 61,250 13,000 63,250 39,000 10,750 7,750 33,500 Stock at Antwerp Stock at other conti’ntal ports. 5,111 6,500 14,250 Total continental ports.... 182,854 300,250 Total European stocks.. India cotton afloat for Europe. 633,704 210.355 38,448 3,649 838,000 1,279,250 1,211,250 189.000 168.000 379,000 14,000 42,000 38,000 10,000 17,000 24,000 57,503 110,829 124,009 6,477 9,303 8,854 500 1,000 500 .. Amer’n cotton afloat for Eur’pe Egypt,Brazil,&o.,aflt for E’r’pe .. 200 53,109 3,814 100 Total visible supply 943,179 :L,115,485 JL,627,382 1.785,613 descriptions are M Of the above, the totals of American and other follows: American— Liverpool stock 237,000 112,000 392,000 ....10-57 United States interior stocks.. 10-58 10-59 38,448 53,109 3,814 6,477 484.000 336,000 42,000 110,829 9,303 United States exports to-day.. 100 500 1,000 500 444,471 706,435 983,132 830,363 142,000 71,850 127,000 18.750 349,000 70,854 64,250 323,000 32,000 104,250 10 04 62 10*57-59 10*74-10-73 10*67 69 10-85 88 10-84- 10*77 79 12-20 12-25 10-85 83 10'9012- 25 — 10-43 10 01 10 62 ...10-03 — 51 Bid. Ask High. Low. Bid. Ask High. Low. Bid. Ask 22 12*30 1215 12*16 -12*27-12*14 12*23 24 Stock in United States ports 10 00 93 50 — Thursday. Stock in U. 8. interior ports... United States exports to-day.. 10-40 10*47 10-48 10-49 10*50 10-51 ,10-52 10-53 10-54 10-55 10-50 For Wednesday. 10*30 10-44 — 10*97 10-95-10*69 10-73 10*50 51 10*49-10*36 10-36 10*43 44 10*43-10-28 10*30 1050 51 10-50-10-39 10-37 1061 62 10*61-10-57 10-47 10-73 75 10-7010*59 10-83 85 11-81-10-70 10*69 12-35 11-90 Weak. Steady. 10*38 10*39 10*40 10 45 Closing. Bid. Ask High. Low. Bid. Ask 12-33 34 12*2511.82 11-86 87 High. Low. Bid. Ask 12*15-1200 1213 14 The Visible Supply Fri. .... 1,400 2,200 For Market. * 10*5x6 11516 735 104,400 644 90,800 • .... .... Closing. FUTURES. 1,290 • 1,900 1207 12*08 12*09 12*10 12*11 4,500 7,800 4,000 8,000 12*21 12*22 12*23 12*24 .12*25 12-20 12-27 12-28 12*30 12*34 12*35 12-30 ..,12-33 12-40 18,700 4,300 4,500 1,100 1,000 11 90 ... Cts. 4,400. 4,300 4.900 11*91 11*92 11*93 ...11*94 1195 3,000 4,000 4,900 1,000 Bales. Day. . Tr. ord. Closed. 13916 143x6 5,188 462,500 4,200 For forward delivery the sales have reached 462,509 bales (all middling or on the basis of during the week and the following is a statement of the sales and pricesmiddling), : For September. Bales. Cts. 600.. 1182 For exports from the United States, SALES OF 8POT AND TRANSIT. Ex¬ Higher. April... 10-86- 123x6 MARKET AND SALES. SPOT MARKET Tuesday. — 12°i6 11®I6 115s 123x6 11*"16 11*3,6 11*3x6 11*3x6 11% Middling : 1*45 pd. to exch. 500 Oct. for Sept. — 129i6 125a 13% 1,100 during the week Lower. s.n. Frl. 12*3x6 12% 14316 14% 10-90 Sept’b’r 12-27-12 07 12*21 ll*3l6 11% 1115x6 12 12% 12% 10-84 10-86 Futures 129,6 12*3x6 13% 14% 200 Depressed. Tr. ord. 12% 12% 10*3x6 10% 123x6 12% 125x6 12% 129x6 Sat. Good Ordinary Strict Good Ordinary Low Middling 125a 10% 12% 12% 123x6 12*4 Good Mid.. 127X6 127i6 Str. G’d Mid 1211x6 Midd’g Fair 133s 11% 11% 12% 12% 10-70 10-71 10*81 ;...10-82 Monday. 11*5x6 12% April. Saturday. Closed. 1 Middling... 141*2 Frl. Ordin’y. $ lb lOllie lOllie 10% Strict Ord. 11*16 11*16 1110 12% 12% 12*516 12»16 129,6 12*5x6 133x6 1213i6 121316 133x6 137s 13% 13% 13% 13% .. Wed 1218 12% 1 m-fta following will show the range of prices paid for closing bid and asked, at 3 o’clock P. M., on eachfutures, day in the past week. — YSfc Sept. 10 80 10*81 400 100 10-73 been made 10-77 10-78 10*79 For 100 100 100 100 10-72 ... 400 m*7A 100 300 500 900 200 100. For March. 10*07 10-0) 10-70 100 100 200 700. 10*75 0OO 4,600 2,300 The . Mon. Tues 200 500 100 1074 . and the High. Low. 12-53-12-34 12*51-12*49 1106-10-96 10-57-10-50 10-50-10-43 10-58-10*51 Feb’ry.. 10*67- — March 10*79-10-73 April... TEXAS. Mon Tues Sat. Ordin’y. $ !b H116 1011x6 lOllie H3x6 101316 1013i6 11316 Strict Ord.. H716 11*16 !1*16 119x6 11316 113*6 Hy16 1013x6 Good Ord.. 11^16 11316 11716 lljle 11*6x6 Str. G’d Ord 12116 U?16 119x6 11*6x6 11916 H**16 11**16 123x6 11*3x6 U*3l6 123x6 11*3X6 Low Midd'g 12316 11*3X6 11*3x6 125x6 11*5x6 11*6X6 125x6 Middling... 12ia 400 10-50 10-57 10-00 10-01 10-02 !O-00 10-07 10 08 400 10*47 .10-48 10-49 10-50 10-51 10-52 10-54 10-55 10*50 10-57 1,100 10-54 400 300. Cts. 300.. 100 February. 200 100 following exchanges have . Sat. For 100. 10-42 10-43 10-44 10-45 )O-40 1,700.. “ NEW ORLEANS. Mou Xues 100 Bales. 8,500 10-39 200 100 500 100 300 400 000 800 800 700 Cts. .10 58 500 January. 1,100. .10 47 ports continued small, the speculation closed flat. receipts at the To-day Sep¬ Market. tember made some advance, but the later months were weak, and there was very little done except for September and October. The total sales for forward delivery for the week are 462,500 bales, including — free on board. For immediate delivery the Sept’b’r total sales foot up this week 5,188 bales, s.n. including 195 for export, 4,779 for consumption, 214 for speculation, and— in transit. Of October the above, 250 bales were to arrive. Nov’ber The following tables show Dec’ber the official quotations and sales for each day of the past week: Jau’ry UPLANDS. For 100 ;.,1048 10-49 10-50 1051 400 Bales. 19,900 10 38 10-39 10-40 10*41 10-42 10-43 10-44 10*45 10*40 1,000 1,500 1,100 3,300 course of Saturday a very important decline—namely, 73-100ths for September, 33-lOOths for October and 18-100@20-100ths for the later months. It was asserted that the “short interest” for September had been greatly overestimated, and that conse¬ quently the efforts towards a “corner” for that month had nothing to work upon ; hence the pressure to sell and the sharp decline. There was some recovery in the course of Tuesday and Wednesday, promoted for the early months by strong foreign advices and the continued small movement of the crop, and for the later months by bad crop accounts, general rains in the Mis¬ sissippi Valley and on the Atlantic coast, accompanied by a storm so violent in Louisiana as to interrupt telegraph communication. On Wednesday and Cts. 10-52 10 02 100 500 10-28 10*30 10*33 10*34 10-30 10-37 700 100 100 800 300 300 for speculation. To-day, however, spots were l-16c. higher, with a good business for home consumption. The specu¬ lation in futures has been quite excited. There was in the Bales. cts. 100 200 or 255 i Prices of cotton THE CHRONICLE Continental stooka American afloat for Europe.... United States stock Total American East Indian, Brazil, &c.— Liverpool stock London stock Continental stocks 236,000 14,000 57,503 400,ooa 309,000 38,000 124,009 8,854 38.500 114,750 THE CHRONICLE. 256 187 6. 1879. 1878. 1877. India afloat for Europe Egypt, Brazil, &c., afloat 210*355 3,649 189,000 10,000 168,000 17,000 379,000 24,000 Total East India, &c Total American 498,708 444,471 409,000 706,485 644,250 983,132 905,250 880,363 Total visible supply These figures indicate a O^ied. Gd. 6^16d. G^ed. decrease in the cotton in sight to-night of 172,306 bales as compared with the same date of 1878, a de¬ crease of 684,203 bales as compared with the corresponding date of 1877, and a decrease of 842,434 bales as compared with 1876. V'ol. XXIX, warm and dry, and picking is progressing finely. The drought throughout the State is again as bad as ever, and all hope of a second growth has been abandoned. The thermometer has aver¬ aged 82, the extreme range having been 73 to 90. The rainfall during the month of August has reached six inches and seventy- five hundredths. 943,179 1,115,485 1,627,382 1,785,613 Price Mid. Upl., Liverpool— | Indianola, Texas.—There has been no rainfall during the past week. The thermometer has averaged 84, the highest being 94 and the lowest 74. Picking will close very early. There has been a rainfall of seven inches and sixteen hundredths during the past month. Corsicana, Texas.—We have been without rain all the week, are needing some dreadfully. Picking is progressing. Av¬ and At the Interior Ports the movement—that is the and shipments for the week, and stocks to-night, and receipts for the corresponding week of 1878—is set out in detail in the following erage thermometer 83, highest 99 and lowest 65. During the thirty-four hundredths of an past month the rainfall has been inch. statement: Dallas, Texas.—It has not rained all the past week, and the Week ending Sept. 5, ’79. Receipts Sliipm’ts 166 409 565 299 458 tl,393 1,286 396 Kaahville, Tenn.. 712 2 25 Total, old ports. Dallas, Texas.... Jefferson, Tex.*.. Shreveport, La Vicksburg, Miss.. Columbus, Miss.. Eufaula, Ala Griffin, Ga.* Atlanta, Ga Rome, Ga Charlotte, N. C... Bt. Louis, Mo Cincinnati, O Augusta, Ga Columbus, Ga Macon, Ga Montgomery, Ala Belma, Ala...— Memphis, Tenn.. .. 748 Stock. 607 412 300 452 575 Week ending Sept. G, ’78. Receipts Shipm’ts Stock. 2,122 1,070 1,570 1,959 491 200 1,239 1,083 865 2,210 2,098 388 878 217 218 1,080 41 980 493 731 103 3,455 3,222 3,814 7,996 5,549 6,477 1.100 438 50 229 112 12 213 12 155 4 109 909 948 375 15 366 188 247 15 93 60 138 476 105 379 106 128 810 945 .... 200 467 164 29 261 25 24 5 300 558 85 10 473 884 729 59 drought is again severe. Picking is making fine progress. The 61 to 100, averaging 83. There month of August of three inches thermometer has ranged from has been a rainfall during the and ninety hundredths. Brenham, Texas.—We have had no rain during the week, and ground is again parched by drought. The top crop will be poor. Average thermometer 86, highest 100 and lowest 79. The rainfall during the month has been one inch and eighty hun¬ the dredths. New Orleans, Louisiana.—We have had showers during the past wreek on three days, the rainfall reaching ninety hundredths of an inch. We think no serious damage has been done, though accounts from the interior are conflicting. The thermometer has averaged 80. The rainfall for the month of August is ten inches and forty-four hundredths. Shreveport, Louisiana.—The weather the past week has been 1,574 1,385 78 63 dry and pleasant. The rainfall last week aggregated three 432 78 inches and eiglity-six hundredths. Thermometer, highest 89, 42 20 lowest 64, average 77. 44 93 45 Vicksburg, Mississippi.—We have had an unusually severe 958 803 799 1,435 storm during the week, but no serious damage has been done in 79 256 355 59 1,677 this section. As the week closes, there has been a favorable 3,465 2,598 5,784 4,061 3,122 3,502 Total, new p’rts change in the weather. Cotton moves slowly as yet. Columbus, Mississippi.—It has rained during the past week on Total, all 12,051 6,920 5,820 9,598 8,671 9,979 three days, the rainfall reaching three inches and fifteen hun¬ Estimated. dredths. The thermometer has averaged 78, the highest being t The telegram states that these receipts “ include 381 last Friday and 83 and the lowest 73. Saturday.” Crop accounts are less favorable. Much damage has been done by rust. The rainfall for the month of The above totals show that the old interior stocks have increased during the week 233 bales, and are to-night 2,663 August is three inches and thirty-three hundredths. Little Rock, Arkansas.—Telegram not received. bales less than at the same period last year. The receipts at the Nashville, Tennessee.—Rain has fallen on three days the past i&me towns have been 4,541 bales less than the same week last to a depth of three inches and eighty-five hundredths. week, year. Crop accounts are less favorable. Average thermometer 73, Receipts prom the Plantations.—The following table is highest 87, and lowest 59. prepared for the purpose of indicating the actual movement each Memphis, Tennessee.—We have had rain on three days the week from the plantations. Receipts at the out ports are some¬ past week, the rainfall reaching forty hundredths of an inch, but times misleading, as they are made up more largely one year the rest of the week has been pleasant. Picking moderate, with than another, at the expense of the interior stocks. The first new bale was received here on We reach, some lack of laborers. therefore, a safer conclusion through a comparative statement the thirtieth, from P. L. Gibson of this county, by Pearce Suggs like the following: & Co.; class, strict middling. The thermometer has ranged RECEIPTS FROM PLANTATIONS. from 65 to 86, averaging 74. Mobile, Alabama.—It has been showery two days, stormy one Week Receipts at the Ports. Stock at Inter’r Ports Rec’ptsfrom Plant’ns day, and has rained severely one day, the earlier part of the week, ending— 1877. 1878. 1877. 1878. 1879. the rainfall reaching one inch and forty-one hundredths. 1879. 1877. 1878. 1879. The latter portion has, however, been clear and pleasant. Accounts 4 Apr. 26,287 59,886 54,283 140,649 119,991 116,879 15,737 48,082 39,699 from the interior are unsatisfactory. 11 Average thermometer 78, 21,183 51,391 44,851 133,363 108,633 107,005 13,897 40,033 £4,977 18 18,010 39,016 40,187 128,411 95,979 91,966 13,058 20,362 25,148 highest 90, and lowest 69. The rainfall for the past month is ..... 39 185 20 273 5 259 .... o 76 * - ' It 44 4ft 25 4 26,641 16,560 17,309 16,288 12,147 9,669 9,390 8,526 8,526 6,519 6,102 4ft 11 4,404 44 18 44 25 2 May 4ft 9 4ft 16 ftft 23 4ft 30 June 4ft 0 13 4ft 20 4ft 27 July 1 3,676 3,209 2,691 4ft 8 2,102 4ft 15 Aug. 4ft 22 44 29 r 38,856 31,196 24,252 20,097 19,732 18,220 12,380 11,231 10,721 0.879 5,949 5,287 3,782 4,086 3,671 3,069 4,657 1,733 2,644 5,699 4,335! 15,784 5,885! 26,750 36,183 22,283 19,031 19,897 16,673 17,113 11,089 6,612 7,188 6,293 3,637 3,032 2,809 3,272 2,503 3,945 3,462 4,843 4,875 117,074 107,534 97,096 86,376 79,009 67,786 57,509 52,154 45,769 35,811 32,077 28,997 27,979 25,361 22,472 21,574 19,118 17,600 16,278 89,142 87,294 75,550 78,962 65,770 71,540 56,433 59,249 46,305 51,429 39,025 42,198 £4,154 37,570 29,315 32,429 23,287 29,306 21,240 25,223 19,675 22,388 18,033 20,691 15,494 15,528 12,527 14,410 11,005 8,346 13,049 6,238 11,477 5,999 7,463 6,593 7,301 9,979 9,598 13,966J 15,304 7,020 7,471 4,968 4,780 • • • . . . i • 3,171 2,141 «... 2,368 1,324 2,658 681 • • • • 1,204 • . • . 1,126 3,013 32,019 17,604 14,472 10,760 9.604 10,940 7,509 6,392 4,693 4,832 4,384 3,645 1,243 1,119 2,149 31.511 13,951 11,615 7,600 8,853 7,882 6,461 1,471 4,065 2.210 802 1,335 .... 2,549 2,154 2,059 3,028 1,890 5,460 829 410 10,3781 4,713 30,136i 16,217 nine inches and seventy hundredths. Montgomery, Alabama.—The latter part of the week the weather has been clear and pleasant, but during the earlier por¬ tion we had rain on three days, the rainfall reaching thirty-six an inch. The thermometer has ranged from 64 to 88, averaging 77. Picking is progressing finely. The rainfall for the past month is four inches and fifty-four hundredths. Selma, Alabama.—We have had rain on one day, but the rest hundredths of the week has been Cotton opening finely and pleasant. planters sending cotton to market freely. Madison, Florida.—It has rained on four days the past week. The thermometer has averaged 78, the extreme range having been 60 to 96. Caterpillars are reported everywhere and are doing considerable damage. Macon, Georgia.—Rain has fallen during the week on one day. The thermometer has averaged 75, the extreme range having of are been 67 to 89. Columbus, Georgia.—It has rained during the week on two days, the rainfall reaching one inch and eleven hundredths. The thermometer has averaged 80. Caterpillars are reported every¬ the plantations since Sept. 1 in where, and being great inj ury is done. 1879 were 16,217 bales; in 1878 were 30,136 bales; in Savannah, has Georgia.—Rain fallen on four days, to a depth 1877 were 6,056 bales. of two inches and one hundredth, but the balance of the week 2. That the receipts at the out ports the past week has been pleasant and closes fine. Average thermometer 78, were 13,920 bales, the actual movement from plantations being highest 90, and lowest 70. 16,217 bales, the balance being added to stocks at the in¬ Augusta, Georgia.—During the earlier part of the' week we terior ports. Last year the receipts from the plantations for the had light rains on two days, the rainfall reaching sixty-three same week were 30,136 bales, and for 1877 they were 6,056 bales. hundredths of an inch, but the weather the latter part has been Weather Reports by Telegraph.—Some rain has fallen favorable. The thermometer has averaged 78, the highest being in most sections of the South the past week, but in general not 90 and the lowest 65. ^Accounts are conflicting. Picking is pro sufficient to do any considerable injury. In the rich section of gressing finely. Georgia, about Columbus, they have had wet weather, which is Charleston, South Carolina.—Rain has fallen' during the past very unfavorable, as caterpillars were reported doing harm there week on two days, to a depth of ninety-three hundredths of an before. In the canebrake region of Alabama the reports are inch. Average thermometer 79, highest 89, and lowest 67 much more encouraging again, as the weather for two weeks has The following statement we have also received by telegraph, been favorable. The Mississippi Valley is probably in promising showing the height of the rivers at the points named at 3 o’clock condition. Sept. 4, 1879. We give last year’s figures (Sept. 2, 1878) for Galveston, Texas,—Jhe Tether during the past week has been comparison; Bept. 5 13.920 16,449 The above statement shows— 1. That the total receipts from 6,056 September 6, 1879. ' THE CHRONICLE | Sept. 4, ”79. New Orleans Below high-water mark Above low-water mark... Above low-water mark... ...Abovelow-water mark... Above low-water mark... .. Memphis Nashville Shreveport Vicksburg New Orleans Sept. 2, ’78. Feet. Inch. 13 1 9 6 3 13 reported below liigli-water Feet. Inch 12 4 6 10 0 9 8 2 12 8 4 1871, or and New Or¬ we*k leans. Mo¬ of SATURDAY, AUG. 30, ’79, TO FRIDAY, SEPT. 5, ’79. Char¬ Savan¬ Galleston. nah. vest’n. bile. Nor¬ folk. Wil¬ Sat.. 156 50 63 154 982 5 Mon 1,045 183 106 437 1,367 36 Tues 81 31 174 311 670 20 Wed 461 73 132 502 123 5 Thur Fri.. 44 46 169 388 19 493 225 229 1,044 1,474 1,975 319 11 Tot.. 2,280 608 873 2,866 6,596 404 55 The movement each month since 3.... 1.391 4,051 1,246 4.... 4,799 616 5.... 2,264 4,927 4,224 1,008 Tota1..... 13,920 44 4 123 316 1,537 3,490 517 1,848 3 87 23 10 i (>31 1,391 2,264 4,927 1,775 15,457 .... 14 Sept. 1 has been as follows: 5,708 S. 18,782 Sept’mb’r October.'. Novemb’r Decemb’r Year 1878. 1877. 288,848 689,264 779,237 June 893,664 618,727 566,824 303,955 167,459 84,299 29,472 July 13,988 August... 19,081 January February. . March... April .. .. May Beginning September C’orrct’ns. Total year Perc’tage of tot. port 1876. 98,491 578,533 822,493 236,868 675,260 901,392 900,119 689,610 787,769 500,680 449,686 182,937 100,194 68,939 36,030 472,054 340,525 197,965 96,314 42,142 20,240 34,564 52,595 17,633 14,462 66,293 1875. - 169,077 610,316 740,116 821,177 637,067 479,861 300,128 163,593 92,600 42,234 29,422 33,626 71,985 1874. 1873. 134,376 536,968 676,295 759,036 444,052 383,324 251,433 133,598 81,780 56,010 17,064 13,524 115,255 355,323 576,103 811,668 702,168 482,688 332,703 173,986 127,346 59,501 9,709 31,856 23,394 12,299 4,345,645 4,038,141 4,191,142 3,497,169 3,804,290 1,918 1,064 1,265 1,691 1,380 1,734 1,407 1,075 8. 1,615 1,682 2,145 8. ! 3,278 11,235 5,585 7,782 ‘ p’rt rec’nts Se.pt. 5 0007 ...... 00-28 » 0013 00-22 This statement shows that the' receipts since Sept. 1 to to-night are now 4,862 bales less than they were to the up same day of the month in 1878, and 10,642 bales more than they were to the same day of the month in 1877. We add to the last table the percentages of total port receipts received Sept. 5 in each of the years named. which had been Annual Cotton Crop Circular.—We shall issue nesday (Sept. 10) our annual Cotton Crop Circular. on it with their the usual terms card inserted own can by sending their orders be accommo¬ to the publica¬ New Cotton—Norfolk.—The first bale of new cotton August 29, consigned to Hymans & Dancy graded as strict low middling and sold for 12£ cents. at arrived Norfolk New Wed on Any firm? use Cotton—Charlotte, N. ; it C.—The first bale of the was new crop of cotton reached here as low middling, and Aug. 29. It was sold Aug. 30, classed brought 13£ cents. Bombay Shipments.—According to our cable dispatch received shipped from Bombay to and 6,000 bales to the Continent; bales Great Britain the past week 1. 1874. • to-day, there have been Monthly Receipts. 1875. 4,630 2,996 - total tion office. ton. 408 44 dated Total, 8. 1876. 1,848 desiring to All ming¬ others. 1877. 2.... Daily Crop Movement.— comparison of the port movement by weeks is not 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 each port each day of the week ending to-night. D’ye 3,490 Percentage of as 1878. 44 8 A PORT RECEIPTS FROM Sept. 1 Missing. mark of 1871 until 16 feet above low-water mark at that point. Comparative Port Receipts 1879. 44 Sept. 9, 1874, when the zero of gauge was changed to high-watei mark of April 15 and 16, 1874, which is 6-10tlis of a foot above 257 while the receipts at Bombay during this week have been 3,00 bales. The movement since the 1st of January is as follow • These figures are brought down to Thursday, Sept. 4. Shipments this week Great Conti¬ Brit’n. nent. 1879 1878 1877 1876 6,000 6,000 4,000 8,000 3,000 3,000 3,000 12,000 15,000 4,000 From the Shipments since Jan. Great Total. Britain. Receipts. This Week. Total. nent. 246,000 335,000 581.000 301,000 390,000 691,000 375,000 407,000 537,000 359,000 782.000J 1,000 896,000! 3,000 foregoing it would there has been 1. Conti¬ appear Since Jan. 1. 3,000 2,000 777,000 851,00 < 993,000 900,000 that, compared with las decrease of 2,000 bales in the week’s ship¬ ments from Bombay to Europe, and that the total movement since January 1 shows a decrease in shipment? of 110,000 bales, year, a compared with the corresponding period of 1878. India Shipments Other Than Bombay.—Below we- g£ve the shipments of cotton to Europe from Calcutta, Madras 01-21 • 01-64 01-72 00-28 00-32 Tuticorin, Coconada, Carwar, Rangoon and Kurrach.ee. These 100 00 100 00 10000 10000 10000 figures are collected for us and forwarded by cable. For the This statement shows that up to July 31 the receipts at the week ending Sept. 4 the shipments were as follows. We also ortsthis year were 177,251 bales more than in 1877 and 478,351 give the totals since January 1 and the figures for previous years ales more than at the same time in 1876. By adding to the for comparison. above totals to July 31 the daily receipts since that time, we shall be able- receipts Aug. 31.. Corrections Total port receipts.. 9879 reach to an 98*36 exact Tot. Jy. 31 Aug. 1.... 44 2.... 1877-78. 1876-77 1875-76. 635 507 1,465 261 724 521 861 504 410 1,056 452 846 390 547 834 394 701 301 924 562 5.... 698 593 44 6.... 330 509 “ 7.... 666 529 44 8.... 1,182 340 247 44 9.... 527 700 364 468 215 764 531 1,038 1,084 44 44 44 44 8. 8. 395 S. 839 618 8. 1,141 1,168 1,082 776 12.... 764 712 13.... 347 239 612 809 505 367 520 1,623 264 1,963 1,714 1,069 634 561 394 8. 737 44 16.... 44 17.... 44 18.... 1.219 44 19.... 556 914 20.... 544 627 44 8. 11... 14.... 15.... 1873-74. 421 3.... 10... 1874-75. 139 4.... 8. 8. 8. 487 - 598 S. 1,167 S. 8. 1,092 S. 207 S. 197 364 604 218 647 168 967 195 787 604 8. 845 330 1,499 789 224 864 607 303 1,102 395 592 21.... 944 984 693 44 1,364 22.... 1,060 817 586 807 44 23.... 421 1,693 404 44 1,482 24.... 972 341 912 44 532 25.... 769 365 1,168 467 397 1,104 944 899 736 1,021 1,251 44 26.... 1,587 44 27.... 505 .693 44 28.... 423 ^4 44 44 29 , ... 30.... 31.... Corrct’ns. Total 1,246 1,537 8. .... S. 1,994 \r 2,128 2,563 2,175 5,952 3,751 52,595 8. 686 597 891 8. 4,011 764 1,824 575 2,096 2,264 71,985 766 66,293 675 8. 581 8. 1,689 1,890 9,709 1,000 1,000 5,000 10,000 6,000 6,000 12,odd Great Conti¬ Britain. nent. 230,000 112,000 79,000 102,000 Total. 123,000 353,000 55,000 47,000 84,000 167,000 126,000 186,000 The above totals for this week show that the movement from the ports other than of last year. Bombay is 5,000 bales less than Alexandria Receipts and same Shipments.—Through have made with Messrs. week arrange¬ Liverpool and Alexandria, we shall hereafter receive a weekly cable of the movements of cotton at Alexandria, Egypt. There have been no receipts or shipments the past week, nor were there any for the corresponding weeks of the previous two years. 701 8. 4,000 9,000 1879 1878 1877 1876 Total. nent. Shipments since January 1. 960 8. 539 Conti¬ 702 44 8. Shipments this week. Great Britain. ments 457 8. week’s movement 419 44 44 99-68 4,435,737 4,258,486 3,957,386 4,085,531 3,473,936 3,768,597 44 44 99*72 comparison of the for the different years. 1878-79. 98-28 607 971 8. we Alexandria, Egypt, Sept. 4. 1879. Davies, Benachi & Co., of 1878. 1877. Receipts (cantars*)— This week Since Sept. 1 Exports (bales)-To Liverpool To Continent Total Europe 1,667,000 2,594,000 2,703,00 This Since week Sept. 1. Since week Sept. 1. 172,400 240,000 79,896 168,000 298.500 140.500 252,296 408,000 439,000 This This Since week Sept. 1. j. 901 8. 1,522 12,299 1,345,615 4,038,141 4,191.142 3,497,169 3,804.290 This statement shows that the receipts the past week have been cantars, and the shipments to all Europe have beeD — bales. Manchester Market.—Our market report received from Manchester to-day (Sept. 5) states that there has been no change during1 the week in the prices for either shirtings or twist. We therefore repeat last week’s quotations. We leave previous weeks’ prices for comparison. \ THE CHRONICLE. 258 [VOL. XXIX. ~ 1878. 1879. 32s Cop. Twist. • a. Cott’n 32s Cop. Mia. Twist. 8*4 IDs. Shirtings. upiaB a. a- a. 8. a. July 19 25 878@938 8%@914 Aug. 1 8 15 22 29 5 83i®9*4 1*2®7 1*2®7 1*2® 7 4*2 4*2 4*2 8%®9*4 834 a>938 8 78@9*2 6 6 6 6 6 6 6 lioa>7 1 *2® 7 4*2 4*2 1*2 a>7 87s@9*2 6 4*0 6 6 44 44 44 44 Sept. 3 3 "8. ®7 ®7 a. 8*4 lbs. Shirtings. Upiae a. 8. 3 ®8 8. 858® 9 *4 S78®938 9 ®95g 878@9*2 878'5>9*2 878rt>9*2 69ie 69i6 6big 63s 60] 6 6*3x6 6*3, a. ft Aug. 15. Cott’n Mia. 6 6 6 6 6 6 834 0)938 6 83i®93s 6 634 4*2®8 4*2®8 4*2 o>8 3 ®8 1*2® 8 1*2®8 1*2®8 a. a. 3 4*o 6° 16 4*2 4*2 65s 6^ 3 1*0 0 0 G9X6 6**18 6**16 6*2 6**16 Gunny Bags, Bagging, Etc.—Bagging has been taken freely and in this way some 500 rolls have been placed, in small lots, but no large transactions are reported. There is an increased inquiry, and more business is looked for. No change is reported in prices, which continue to rule very firm at 9@10jc., according to weight. Jute butts have arrived quite freely, and the Glenesk and Tam O’Slianter are to hand with 10,000 bales ; of this some 8,000 bales were sold before arrival, and the balance has gone into store, and holders are looking for an advance. The demand is fair, and we hear of sales of 1,200 bales at 2^@2$c., according to quality, and at the close the market is very firm at these quotations. The Exports of Cotton from New York this week show an increase, as compared with last week, the total reaching 13,760 bales, against 5,037 bales last week. Below we give our usual table shewing the exports of cotton from New York, and their direction, for each of the last four weeks; also the total exports and direction since Sept. 1, 1879, and in the last column the total for the same period of the previous year. Exports of Cotton (bales) from New York since Sept. 1, 1879. Week Exported to— Aug. 13. Liverpool Aug. Sept. 27. 3. 20. 4,634 Total to ! period date. previ’us year. 6,325 3,500 5,618 6,600 6,849 4,482 9,825 5,918 13,449 4,482 1,616 Havre Other French port© 194 311 311 93 Total French 194 311 311 93 Other British ports Total Great Britain to 4,634 300 8ales of the week bales. Forwarded Sales American Of which exporters took Of which speculators took.. Total stock Of which American otal import of the week Of which American Actual export Amount afloat Of which American 1,616 Aug. 22. Aug. 29. 50,000 5,000 39,000 6,000 3,000 61,000 4,000 49,000 4,000 60,000 2,000 42,000 4,000 469,000 427,000 297,000 21,000 6,000 6,000 176,000 4,000 417,000 266,000 47,000 9,000 4,000 132,000 22,000 19,000 343,000 18,000 14,000 6,000 189,000 16,000 Sept. 5. 50,000 1,000 38,000 4,000 6,000 2,000 379,000 237,000 12,000 10,000 6,000 131,000 26,000 The tone of the Liverpool market for spots and futures each day of the week ending Sept. 5, and the daily closing prices of spot cotton, have been as follows: Saturday! Monday. Tuesday. Wedn’sdy Thursd’y Spot. £ J Steady. Mid. Upl’ds Mid. Orl’ns. 6*3x6 6*516 Market, 12:30 p.m. Market, ) 5 P. M. $ A shade easier. 6 dearer. 6% 8,000 2,000 6.000 8,000 1,000 1,000 1,000 Steady. Steadier. 7.000 Spec. & exp. 34 ' Firm. Harden’g. fract’n’lly 6\ 67e Sales Friday. Firmer & Quiet. 67e • 6*3i6 6*5i6 67e 6*316 6*516 10,000 1,060 8,000 1,000 Futures. £ j Market, 5 P. M. Firm. Firm. Firm.' Quiet. The actual sales of futures at Liverpool, for the same week, are given below. These «ales are on the basis of Uplands, Low Middling clause, unless otherwise stated. Saturday. Delivery. d. Aug 62332 Aug.-Sept...6Hi6®2332 Delivery. d. I 6Hi6 Sept Sept.-Oct Oct.-Nov | Same ending— Aug. * „ 6**3o d. Delivery. 623q2 I D Monday. Delivery. Delivery. j Delivery. 6%2'^5i6 I Sept.-Oct. Sept Oct G®8 Sept.-Oct Oct.-Nov Nov.-Dee 6*8 Sept 6% 610.32 6932 6832 . I Oct.-Nov Nov.-Dee Tuesday. Delivery. Delivery. 6i932®5g Oct 60 j (5 '<2)10.32 Sept.-Oct —6016®io32 Oct.-Nov 67.32 Nov.-Dee 6i32'@1i6 Sept Delivery. Dec.-Jan Oct.-Nov 6 Sept.-Oct 634 Sept Sept.-Oct Sept— 62i32 6^8 6Hi6 Oct.-Nov Dec.-Jan . -62i32 6O32 - Apr.-May Wednesday. Bremen ana Hanover 19 Hamburg Other ports Sept Oct Total to North. Europe Sept.-Oct 19 other Total Spain, &c 6**10 6**10 Oct.-Nov... i..v...6516 Delivery. Delivery. - Nov.-Dee Feb.-Mar 6*8 Nov.-Dee Sept.-Oct 6*16 62i32 Nov.-Dee Oct.-Nov 6032 Sept .6**16 6*i6'S)332 Thursday. Spain, Op’rto, Gibralt’r, &c Ail Delivery. ...623,2 160 Delivery. 160 Sept 62332-2)34 Sept.-Oct... 62i32'a)iii6 Delivery. Oct.-Nov Nov.-Dee 6932®516 63322)1b Oct Delivery. “.. .61*16 Friday. Grand total 4,794 10,019 5,937 13,760 4,793 1,709 Shipping News.—The experts of cotton from the United States the past week, as per latest mail returns, have reached 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, we include the manifests of all vessels cleared up to Wednesday night of this week. Delivery. Delivery. Delivery. Sept 6s4 Oct.-Nov 65i6 Nov.-Dee ..6*8 Sept.-Oct 62132 6932 62532 Sept Sept.-Oct 6i316 6i he 6H32 Sept.-Oct 62332 ..6**16 Oct.-Nov Sept Oct.-Nov Sept.-Oct . 15,420 bales. Total bales. New York—To Liverpool, per steamers Erin, 985 1,133 Inventor, 3,026 Nevada, 1,101 Britannic, Adriatic, 158. ...Bothnia, 197 To Cork, for orders, per ship Freedom, 3,257 per bark H. L. Rowth, 3,592 To Havre, per steamer Canada, 311 Texas—To Havre, per bark Annie Mark, 1,006 Norfolk—To Liverpool, per , 504 Philadelphia—To Liverpool, per steamer Lord Clive, 150 G,GOO 6,849 oil 1,006 504 (omitted previously) 150 Total The are as 15,420 particulars of these shipments, arranged in Liverpool. New York Texas Norfolk 6,600 do sail., d. .. .®7 32 Havre, steam—c. sail Bremen, steam, .c. sail c. Hamburg, steam. c. do do sail .. * sail Tues. 1,317 as 15,420 follows: Wednes. Thur8. - ® V ® *2 - Fri. . ... — ® 58* ...®5e* ® *2 ...® *2 ...®58* • ...®*2 ...©*2 ...®916* ®o16* ...®016* ...®o16* ..®0i6* ...®0i6+ ...'6>716 ®716 -•-'2>716 ®716 ...®716 @716 ®*9jg ...®0i6* ...©916* 16* ®9i0* ®9i0* ... — — — — — -..® *2 — ® *2 - - -® *2 ...®.... ...®.... ...®.... ...®.... c. ...®.... ...® ...®.... -® ...®.... .. — ..-®*2 c. ...® Baltic, steam—d. do 150 3x6® *4 3l6® *4 3x6® *4 316'5)14 3i6®*4 ...®732 .®732 ...®732 ..®732 ...®732 ... sail...c. ...®*2 Amst’d’m, steam Mon. ... c. Total. 13,760 1,006 504 6,849 freights the past week have been Liverpool, steam d. 3x6"® *4 Havre. 311 1,006 — 7,254 Satur. do usual form, .... 150 Total Cotton Cork. 6,849 504 Philadelphia do our follows: . . ..©.... .®.... .. d. Compressed. Liverpool.—By cable from Liverpool, we have the following ntatement of the week’s sales, stocks/ &c., at that port; BRE1D8TUFF8, Friday, P. M., Sept. 5.1879. The flour market has been somewhat irregular in the past grades have been in demand, and, not being very plenty, have advanced from 5c to 25c per bbl.—the latter for a grade called No. 2, which has brought $3@3 50 per bbl. Trade brands from old spring wheat, have also continued in request at very full prices ; but the better grades from new winter wheat have been in increasing supply, and, being pressed on the market from the wharves, have sold at lower and irregular values. Rye flour has ruled firm and, corn meal was more active. To-day there was a quiet, steady market. The wheat market has been less active. The enormous ship¬ ments during August caused shippers to pause in their opera¬ tions till the influence of these supplies upon European mar¬ kets could in some degree be^ tested. At the same time, the course of supplies was not such as to provoke any pressure to sell, and prices were not seriously depressed, recovering par¬ tially in the past few days. It was of course not to be expected that the rate of shipments in the past few weeks would be maintained, and yet large exports are expected; but precisely what relation the wants of the West of Europe bear to our surplus is quite uncertain. The recent sales embraced No. 2 spring, $1 01^@$1 02 for October; No. 2 red winter, $1 10@ $1 10% for October; and No. 1 white, $1 11%@1,11^, spot and September. To-day the market was firm, but quiet. Indian com has been variable, and yet the changes are slight. The business has been almost wholly in No. 2 mixed at 46@46%c., spot and Sept., 47@47%c. for Oct. and 47/£@48c. for Nov., closing yesterday at the inside figures. Other quali¬ ties continue scarce. Receipts are quite moderate at all points, but crop prospects are good. To-day there was a brisk export demand, maiiily at 46%c. for No. 2 mixed on the spot and 47%c. week. for Oct. Low September 6, 1579.1 Rye has met with THE CHRONICLE. active demand at 64/£@65c. for Nc. 2 an Western on the spot and for September arrival, and 67%@68c. for No. 1 State. The crop of the latter is said to be not more than half as large as last year. To-day there was a good de¬ mand at firm prices. Barley remains nominal, and the views of flour... 1879. ...bbls. . Wlieat... .. Corn Oats busb. 1878. Barley 1876. 5,676,107 4,419,189 6,054,111 81,278,687 58,344,481 70,850,032 14,850,700 2,474,515 2,981,193 11,690,864 57,910,563 11,660,983 28,850,878; 58,890,728 16,122,384 2,069,749 14,467,334 1,762,338 2,492,091 .. 1877. 6,627,138 76,294,461 Rye the trade 259 as 2.141,985 1,089,820 423,804 Total regards the probable future of prices are wide 176,294,911 155,500,921 84,524,215 106,357,508 apart. Oats The visible declined again early in the week, the demand of grain, comprising the stocks in supply from the trade at the principal points of granary accumulation at lake and seaboard being checked by bad weather; but latterly business has ports, and in transit by lake, rail and canal, Aug. 30, was aa improved and prices are higher. To-day the market was follows: firmer, with No. 2 graded quoted at 31^>c. for mixed and 33c. Wlieat, Corn, Oats, In Store at— R ye, Barley, for white. The following closing qotations are : $ bbl. $2 85® 3 40 Superfine State and Western Extra State, &c Western spring wlieat extras do XX and XXX... Western winter ship¬ ping extras 3 65® 4 00 4 30® 4 40 4 25® 4 50® 4 45 5 75 City shipping extras. 4 35® 4 4 85® 5 5 25® 7 4 35® 5 family brands South’n ship’g extras. Rye flour, superfine.. 5 25® 6 00 4 60® 5 00 3 60® 3 90 do XX andXXX... Minnesota patents... Southern bakers’ and Corn meal— Western, &c Brandywine, &c.... 2 10® 2 65® 70 75 25 25 2 50 2 75 Wheat No.3 8pring, $ bu. No. 2 spring bbls. (196 lbs.) At— Chicago bush. 20.631 Toledo.. Detroit...! :.... 7,023 Cleveland 2,396 49,255 1,094 St. Louis Peoria Duluth lbs.) 900,801 1,851,793 203,413 33,560 800,893 486,189 244,931 163,700 763,299 33,550 42,350 119,645 134,429 31,667 4,000 Total 54 64 67 29 32 900 167,410 ® ® ® ® ® ® ® ® ® 70 Barley, Wheat 4,229,425 bush. 51,699,475 65,887,734 20,720,607 2,695,775 2,680,327 20,647,195 3,544,145 3,031,748 143,683,918 143,721,249 Barley Rye Total grain.... Total receipts bbls. bush. 85 Rye, .... four years: 1879. 1878. 611,560 466.473 1876. 3,408,402 17,264,501 30,873.048 54,527,737 55,982,690 13.664,939 3,032,332 16,412,624 1,654,245 1,292,818 91.598,707 Aug. 1 1876- 444,546 472,634 313,150 714,318 33,122,215 37,658,879 24,334,611 6,972.976 4,428.910 12,123,389 13,315,095 3,019,072 2,575,716 239,212 295,402 19,660,829 Comparative shipments of flour and grain from the ports from Jan. 1 to Aug. 30, inclusive, for four years: same 1879. bbls. 1878. 4,572,099 1877. 3,821,958 2,646,547 2,647,732 bush. 46,693,280 40,310,214 29,048,979 49,803,008 14,029,091 1,313,917 1,052,922 95,247,917 Flour 2,513,325 13,569,384 1,685,437 2,281,347 30,436,040 50,231,437 14,797,739 1,346,424 1,297,548 125,723,569 114,979,819 98,109,188 Corn 59,227,060 Oats 15,153,044 Barley 2,136,860 Rye - Total grain Rail and lake 57,133,437 1876. shipments from same ports for the last four weeks: Flour, bbls. 155,881 130,365 134,847 176,483 Wheat, bush. Corn, bush. 2,555,396 2,387,109 2.438,317 2,912,366 2,675,032 2,925,889 2,867,386 1,982,877 St. Louis Boston; Toronto 68,385 Montreal 52,004 41,000 1,634,578 2,491,564 16,716 29,171 310,576 4,905 200.000 376,798 144,129 2, 000 172,400 259,6u6 Philadelphia 770,000 Indianapolis Kansas City 37,586 98,200 155,042 1,923,034 430.691 617.772 643,992 Peoria 1,937,624 2,200,000 Total... Aug. 23, ’79 Aug. 16, ’79 Aug. 9,’79 Aug. 2,’79 Aug. 31, ’78 50,900 39,392 1.743,117 bush. bush. bush. 642,710 300,000 26,107 100,395 51,000 8,984 6,200 456,895 41,420 102,946 86,703 60,000 2,200 138,884 17,180 109,996 3,156 2,500 59,259 24,390 2,200 1,744 6,500 11,426 15,000 6,084 27,763 38,651 27,302 400 342 154,676 29,200 1,863 31,453 86 12.000 4,558 593,449 1,6S8,000 3,000 2,907 37,780 6,760 15,748,775 13,164,508 2,492,897 355,222 15,966,899 12,582,429 2,279,174 300,498 16,026,837 12,140,032 1,824,631 306,311 15,189,594 11,436,314 1,914,487 318,424 14,352,416 11,099,554 1,762,250 324,929 10,997,101 11,846,878 3,557,324 1,371,247 66,370114.937 172.000. 761,262 797,180 493,908 479,114 462,430 895,322 THE DRY GOjlm TRADE. Friday,, P. M., Sept. 5, 1879. The dry goods jobbing trade has been very active the past week, and the volume of business large and satisfactory. The retail trade of the far West, South and Southwest was well represented in the market, and towards the close of the week there was a considerable influx of Western and near by retailers* who have commenced operations on a liberal scale. The whole¬ sale clothing houses reported an excellent business, their saleshaving been greatly in excess of the corresponding time in former years. There was some in the demand at irregularity first hands, and cotton goods were a trifle less was active; but there fairly-satisfactory a movement in prints, ginghams, dress, underwear, &c., and values remained goods, flannels, steady* In foreign goods there was only a moderate degree of anima¬ tion aside from dress fabrics, silks and velvets, which were in better request at the hands of both importers and jobbers. Domestic Cotton Goods.—'Ihe exports of domestics from this port to foreign markets’ during the week ending September 2 1,429 packages, including 527 to Great British East Indies, 218 to United States of Britain, 350 to 89 to Brazil, 66 to Danish West Indies, 46 to Hayti, 46 Colombia, to Venezuela, 4& to British West Indies, &c. There was a steady demand at first, hands for moderate parcels of brown and bleached and colored cottons, cotton flannels, &c., and the distribution was of jobbing liberal were 972,439 613.264 106,313,878 1877. 898,489 14,442,621 3,207,651 ports from Detroit Oswego Lake shipments.. On Canal . 1877. same Toledo . 2,678,388 15,544,401 6,086,154 Barley Week . Aug. 30, inclusive, 14,431,007 12,859,627 4,658,719 271,373 Rye Total grain 48,449,608 68,048.553 (crop movement) at the Aug. 30, inclusive, for Flour 3,643,132 Duluth Baltimore Rail shipments... 662,489 53,480 137,960 60,312 60,600 27,930 88,738 4,765 3,045 3,144 32,100 200 2,700 83,328 14,835 16,873 152.000 20,000 25,220 1878. bbls. Corn Oats ending— Aug. 30 Aug. 23 Aug. 16 Aug. 9 65 68 33 38 . 1879. Flour Wheat • bush. bush. bush. (32 lbs.) (48 lbs.) (56 lbs.) Total receipts at same ports from Jan. 1 to Wheat Corn Oats 40*8® 46 3i® 4612 4614 4712 5712 and river ports Oats, for four years: to 45 Lj® 124,664 3,486,274 2,492,256 1,081,912 152,259 215,448 121,422-8,962,587 2,365,185 966,666 60,714 204,047 ’78.. 102,262 3,546,903 3,361,911 1,339,053 294,607 248,419 •Previous week Same time bush. (56 lbs.) '60 40,265 Milwaukee Corn, ®1 04 ®1 11 ®1 10*4 ®1 1112 ®1 lli4 1 10 106 Barley—Canada W State, 4-rowed State, 2-rowed Peas—Can’da.b.&f. Milwaukee ®1 00 104 White Receipts of flour and grain at Western lake ending Aug. 30: Wheat, $ 97 Oats—Mixed for the week Flour, * Chicago 1 02 Amber winter... Red winter, No. 2 White No. 1 white Corn—West, mixed Western No. 2... Western Yellow.. Western White... Rye—West’n, No.2. State and Canada 3,000 241,154 1,013,480 198,809 168,229 581,661 508,068 150,000 732,682 184,412 Buffalo GRAIN. « bush. 2,624,633^ 2,171,173 1,483,000 714,000 Albany FLOUR. No. 2 bush. New York Do. afloat (est.) Oats, bush. 600,209 564,797 635,335 621,347 Total, 4 w’ks. 597,576 30,536,131 10,208,241 2,421,688 Tot.4wks ’78 456,563 9,231,763 9,207,706 3,600,197 Barley, bush. Rye, bush. 37,780181,307 19,165 304,065 8,263 90,994 8,962 108,013 proportions. Agents’ prices remained steady, and there irregularity in jobbing quotations than of late. Printswere fairly active, and agents’ prices were generally maintained; but a discount of 5 per cent, was offered on fancy prints by* some of the leading jobbers in order to stimulate businass in was less these fabrics. Print cloths in fair demand at 4%@4 3-16c. and 3 9-16@3%c. for 56x60s. goods continued in steady demand were for standard and extra 64x64s. Ginghams and fancy dress and firm. Domestic Woolen Goods.—There was a moderately-increased demand for menVwear woolens by cloth jobbers and the cloth¬ ing trade, and transactions were fair for the time of year. Values are well maintained, and, in sympathy with the ad¬ vance in wool, some tendency toward higher prices has been de¬ veloped. Low and medium fancy cassimeres were sold in rel¬ atively small parcels to a fair amount, but fine goods ruled quiet. For worsted coatings there was a moderate inquiry, and some orders for light-weight fabrics of this class were placed with agents. Overcoatings, cloths and doeskins remained 80,676 524,419 sluggish, but cloakings were in fair request. Kentucky jeans Receipts of flour and grain at seaboard ports for the week moved slowly, and satinets and repellents were only in limited ended Aug. 30: demand. Colored flannels were fairly active, and the supply is Flour, Wheat, Corn, Oats, Barley, Rye, exceptionally the time of year. Blankets were At— light for bbls. bush. a little bush. bush. bush. bush. more sought New York 138,644 2,040,972 1,267,274 and there was an active demand for for, 302,782 carpets. Boston 60,090 Worsted dress 56,178 146,514 121,937 97,330 goods met with liberal sales, and shawls and 5,400 505 Portland 2,850 Montreal Philadelphia 12,925 491,877 17,380 728,800 16,776 1,186,200 15,311 272,324 5,500 1,500 175,955 61 298,500 103,600 150,450 37,000 11,405 28,793 74,170 684,379 skirts were taken in small lots to a fair aggregate amount. Foreign Dry Goods.—Imported goods were jobbed in liberal quantities, but there was some irregularity in the demand afc first hands. Specialties in fancy aress goods were in brisk re¬ quest, and such staple fabrics as cashmeres and merinos were Total week 260,064 4,916,687 2,031,021571,066 5,430 64,095 sold in considerable Previous week... 251,144 quantities. Dress silks were in steady de¬ 5,197,7811,474,^12 696,268 5,613 65,773 Cor. week ’78.... 213,497 4,000,603 mand (with most relative 6,400 130,290 activity in low and medium grades), Cor. week *77.... 153,860 1,520,995 2,121,355 927,850 2,537,269 643,162 25,939 118,365 and silk velvets were fairlv active. For linen and white goods, embroideries and laces, tne demand was And from Jan, 1 to Aug. 30, inclusive, for four years* chiefly of a hand-tomouth character, but fair in the aggregate. Baltimore New Orleans 500 3,000 4* O V ft. RRRADH I'U KKS—Se**. special report. BOLLDIHQ MATEKIAL8tiriek.8—Common bard,afloat. .V M 2 50 7 u0 Croton Philadelphia $ bbl. Lime—Rockland common...^ bbl. Rockland, finishing: L'imber—Pine,g’d to ex.dry.3R M it. Pine, shipping, box do tally boards, com.to g'n.each. 3R M. it. 'Oak Ash. good a 7 00 @ 9 50 a 26 00 22 00 9.) a a a a 60 ou 70 90 40 00 a 22 oo @ so @ 45 00 a 45 00 @15o 00 a 25 a 16 a 45 00 18 90 22 35 00 35 00 75 00 Bl&Ch. walnut Spruce boards & planks, tach Hemlock boards, each IS 14 Maple 3R M. ft. 20 00 Sfzile—10@60d.ccm,fen.& sb.3R keg 2 35 Clinch, lx to 3 in.& longer 6 s5 a Sdflne... Cutspikes,allsizes Fzints—Ld.,ln oil. com piice. IP ft. Lead, dry, combination, piled.... a @ 4 60 4 60 @ 2 6j , Zinc, oxide, dry ... Zinc,Fre eh, green seal Paris wmte.Er.fc.Cliffs one TRloOft. t* £ .... 3 @ S* 8 © 9* I 20 @1 25 BQTTKR—fWholesale Prices)— State, palls & tubs, fair to chce.V ft. West’n cream* ry >:o.)d to pr:me “ Welsh, State, fair to choice.. . “ Western dairy, lair to choice.. “ CHKKSB,- State factory,fair to Ohio fiat, fair to fine 13 13 @ a @ 15 12 2 3Rfc “ prime 16s' a 5* 5* COAL- Liverpool gae cannel @ 8 CO Liverpool house cannel 11 00a Anthracite—The following will show prices at, last auction or present sche iule rat*1?; the names im¬ mediately above the figures indicate the places of de!lVCrJ': burg.* Bt’mb... $2 <0 20 ©rate.... 2 Egg ..... 2 25 Stove.... 2 D.& H. D.L.&W. - Penn. Bchednle. New- 5 L. A vv. Schedule. Port Johcst’n. $2 2 Auction. An*. 13. Weehawkea. Auction. Aug. 27. Hoboken. $ $2 02*@2 12* .. 2 10 2 12* 2 32* 2 15 @ ... 2 37*;<£2 40 2 2u @2 2*2* 2 20 2 30 2 5J £0 2 3J Ch’nnt... 2 35 • 50 cents additional lor delivery at New York. § L. & W. quotations are for Wilkesbarre coal. Coffee— THft ....« Bio, ord. car 11* 1 »<v do fair, do 13^4 14 a do good, do 14* 14 X do prime, n*a do a a Java, mats 14 16 © Native Ceylon 14 @ Mexican 15* . . . - 12 12 Jamaica Maracaibo St. Domingo 12 14 Savanllla Costa Rica COPPER- V ft. Bolts Sheathing, aew (over barbadoes Arsenic, powdered B1 carb. soda, Newcastle Blchro. potash Bleaching powder Brimstone, 2n »s * 3rde Brimstone, Am. roll 100 ft. V &. V leO ft. per ton. *tt. V 100 ft. Cochineal,Honduras, silver Cochineal, Mexican powdered Cubebs, East India oSmbier"......'per Viwibs. Ginseng Glycerine, American pure Jalap • • • • • • * * Licorice paste,Calabria Licorice paste,Sicily Licorice paste, Spanish .solid Madder, Dutch Madder, French, Nutgalls.blne Vleppo Oil vitriol (66 Brimstone) «£oplura, Turkey 12 21 2 8 50 . $tt. Gr’dBk.ft George’s (new) cou.$ qtl. Mackerel, No. 1, d. shore pr.bbl. Mackerel, No. 1, Ray Maokorel.No.2 Mass, shore Bny.^ '^RaJslss,seeamss, per SOlb.irall 12U .. Loose Valencia.... Currants Prunes,Turkish, new....«' French.-. ....^XA6C. Ot Sardines, Sardine?-, V quart r b03L Macaroni, Italian-J.C Domestic Di'ied- • Apple,, Southern, sliced - ... fi ft 5*© W G2*© 8 75 ....© 15 © 22 © 23 © 24 © 25 @ 6 HO i ... >6 3U 39 3U }x 4* © © © 24 © ....© 49 © no © 25 23 2U 2 3 Ar 25 42 .... 2 ro 5 3 £0 & Wfc&rtleberries (new; h 22 & 21 & ....£ <0 0 d Dry—Buenos Ayres,selected. .^ft. Montevideo, do.... Corrientes, Rio Grande, do.... .do.... do.... do.... Orinoco, California, Matamoras. do Para, California, do.... do.... **» ** “ “ ** 17 Tgx&b E. I. stock—Cal., -. “ “ do Blaught.cow. 10 “ “ fair... choice 7 10 Calcutta, buffalo HOPSNew Yorks, new crop, low to do new crop, med. to Eastern Western Olds, all growths ** “ 8 8 3 4 Yearlings 'Manufacturers and Dealers In .... - 5* 4% COTTON SAILDUCK 23 And all kinds of COTTON CANVAS, FELTING DUCK, CAR CO @ “AWNJ.NG STRIPES.’ Also, Agents United <a @ @ a fit 4 37*6 6 00 5 0J © 23 CO <o AND 4\ refined, Eng. and Amer per ton. 51 59 @ 52 CO U 12 Sheet, Kuasia, 8 to U ......frit ...-.@ Ralls, American, a- tide-water Steel railp, American, at tide water. 42 00 & Hosiery, Cuba, clayed . Cuba, Mus., 50 test Barbadoes Demerara Porto Rico do 50 test N. O.. com. to choice NAVAn STORES- .... 18 V gal. “ “ “ “ “ @ 215<@ 23 21 23 PHILADELPHIA, J. W. DAYTON. 230 Chestnut Street. 20 24 S3^ 2i (a 40 X 25 3J & 86 Tar, Washington bbl 170 a i ?o a Tar, Wilmington ** ....© Pitch, city “ ....© Spirits turpentine V gal. ....© Rosin, strained to goodstrd.V bbl. “ 1 85 ® low No. 1 to good No. 1 “ “ 1 37K % low No. 2 to good No 2 “ •• S 12* 6, low pale to extra ja'.e.. “ *» 4 50 a window glass ** OAKUM—Navy,U.S. Navy & best V ft. 1 89 1 t-0 1 20 “ George A. Clark & Bro., UHl 26* CCS AND OILS— Cotton seed, ernde Olive, in casks V gall V gal. 30 @ •* 95 62 23 @ @ © S3 © “ “ “ “ " 400 BROADWAY, NEW YORK. John Dwight & Co., MANUFACTURERS OF SUPER-CARBONATE “ “ 8perm, bleached winter Lard oil. Nob. 1 and 2 OF “ SODA. City, thin oblong,bags V ton. 27 00 Western, thin oblong (Dom.). “ 4** V gal. ‘T Cases Refined.... ** Naphtha.City, bbls " .... 4 8 V bbl. ** Pork, mess,spot Pork, extra prime Pork, prime mess, West Beei.p'aln mess Beef, extra meae Beef hams,Western Bacon, West, long clear Hams.smoked a 5 87* 1 8 90 ....@ ...@ 10 25 @ 11 50 @ 17 09 © 5*15 © ** ** " “ V » ** “ Lard. City steam RICECarollna, fair to prime Louisiana, fair to prime Rangoon, in bond, 9X a 6-C5 3 ..V 10C ft ay<‘d, Nos. 10@12 trifugal, Nos. 7@13 * 7 Manila, sup. an i ex. sup Batavia. Nos i'@12 Brazil, *- os. 9@ll " 6 • " to* 6*10 7* 7* 8* • m 16* 11 @ VTb 87 @ 33 18 Spring Clip- anwashed : E. 1? Burry 15 @ 27 @ Sjuth Am.Merino, unwasAed Cape Good Hope, nnwashed Texas, fine, Eastern Taxas, medium, Easter:! Ppik S. Dealings In Insurance A a. 3-lo@ @32 f 27 6 7 7 6 0 4 3 SPECIALTY. @ 7* @ @... @a,,, , . they INSURANCE YORK, aim OF NEW IF.S.WINSTON, PRESIDENT. 28 @ 13 @ «. Stocks Cash paid at once for the abo-’e Securities'; or wlU br 30ld on commission, at elier’s option. © 25 @ STEAM.—, Bailey, PINK STREET. @ & @ d. 2 4 S. W. POMEROY Jb.. 59 Wall Bt„ N.Y 24 @ 22 18 8. New York Agency, ^ Interior 1 o Liv«bpool: Cotfou Flour * bbl. Hea\n goods. .4Hton. Corn,b’lk& »gs. Vbr, Wtieat, bulk* bags.. Beet Amoy, Foochow @ ^ Extra,Pull.jdCity No. 1, Failed* Smyrna.unwashed N^ne here. None here. 32 84 American,C )mH,ng and Delaine,... r- AGENT Insurance. © .V ft. 5 13- 6@ 5 15-16 FKElGHTb- SHIP Boston Agency. ) J. MURRAY FORBES, V 30 Central Street. > 7*@ 7*@ 63(@ " Fair AND i.X* " %% m MERCHANTS COMMISSION 7 “ American XX. American, Nos. 1 & 2 Superior, Russell & Co., " Yellow Y. Shanghai and Hankow, China. 8* 4 8*@ " “ %m Hong Kong & Shanghai Banking Corporation, Office, Hong Kong. agent, 8. W POMEROY Jb., 59 Waix St.. N. " Fxtra C York1 Head " White extra C New 7** “ off A Slip, @ 4*@ .. . s* a e* a 6* a 6* a ‘ ... .. 11 00 12 ( 0 17 25 J Melado Brfined—Hard, crushed Hard, pondered do granulated Old Horn ng Kong, Canton, 6* “ “ Jioxes c Ce © 6X 4 6*3 Vft. “ SnGAKInferlor to common refining... .f». ft. Fair *' Good refining * Porto 1 ico. refln , fair to prime " © @ a @ 9 5K II Jobbing Trade ONLY Supplied. 10 PROVISIONS— 4 U No. © 27 50 The PETROLEUMCrude, in shipping order Gauiornia, 11 NEEDLES. HELIX MIL,WARD’S .... A It*® BOSiON, 15Chauj&Oey St. 43 & 45 White Street. @ @ 24X@ 10 13 5 50 16 Drawers From Various Mills. NEW YORK, W OOb— « Shirts and MOLASSES— I’ALLO'V— Prime city. © FOB; AGENTS Washington mills, Chicopee Mfg Co,) Burlington Woolen Co., Ullerton New lUills, Atlantic Colton Mills, Saratoga Victory Mfg Co.# Bar % ... Street. Dnane E.R.Mudge,Sawyer&Co (fl- Bar,Swedes, ordinary 8lies...f> lb. all Widths and Colors always In stock. No. 109 @ @ @ @ @ Company. States Bunting A full supply 22 Of) 2 ' 60 @24 CO store Pi ices, 2 00 19 1)0 22 <0 VER ING, BAGGING, RAVENS DUCK, SAIL TWINES &C. “ ONTARIO ’ SEAMLESS BAGS, (A V ton. 22 00 Pig,American, No.1 Pig, American, No.2 Pig, American, Forge Pig, Bcotcn Co., ... ...; 9>i@ 9 9 8 Calcutts, dead green & .... ' ... “ WetSalted— Buen. Ay, selected “ do quarters (no new) ao State, si iced, . ..<. ... do quarters, J Damsons •3*0 do cut loaf Coffee, A, standard 1»*3 V ft. Peaches, pared, ua.,good to ch’ce.. do nnpared halve^-and qrs... Blackberrle (new) Raspberries (new) Cherries, pitted, ury mixed (new).. PintaB, s- r« co © 1 25 .© 2i 00 .JH® 15 >5 a Citron do do do ** 3 6d © 25 80 @ 85 3 25 © 3 5J 15 62>,@ 15 75 56 © 61 51 55 © :9 IS © 16 do L'llf t o 2*a 3 .'0 do Ginn 22 1112** 11-20 1 5) 1 60 Layers Canton U* © @ © V loo ft. !8 © V ft. 100 ft. 16**® Soda ash Sugar of lead, white, prime.. Vitriol, blue.common FISH— do Dates. 7*© L5I0& HIDES— 21 22 24 © 8 *'J • •• China,good to pr $ft. 160 00 5*© Whale,bleached winter Whale, crude Northern Sperm, crude 2 00 1*© Sal soda, Newcastle Shell Lac. 2d A 1st English do 82*4 19 potash,yellow. Am Quicksilver Mackerel. No. 2, 1 4 bond). iPrusslate ... 17o 01@ 25J 00@ Sisal Jute Linseed, casks and bbls Menhaden, crude Sound Neatsioot, No. 1 to extra 1C* - 145 GO» .. 17 17 •... ..*£*1. Caustic soda Chlorate potash Rhubarb, @ V ton. OIL C4KE- V10U ft. Castor oil.E.I.lnbond Quinine. @ 1*3 Aloes, Camphor refined 11* ....& ....& ....© 12 oz; Bratlera’(over 16 oz.) American ingot. Lake COTTON—See special report. DRUGS* DYESv Alum, lump. Am Aloes. Cape I t 15 ^ }l v Laguayra Cream tartar, 15 17 @ Brinckerhoff, Turner Ql IRON-- .... 5 at 4*© American undressed Russia clean Italian , Manila £0 10U ft North River shinp’uar........ HEMP AND JU i’E— American dresBed.. Cement— Roaendaie Commercial Cards. HAY- PRICKS CURRENT ASHHft— Pot, assorted. [VOL. XXl£ GUNNIES.—See report under Cotton GENKitAL - CHRONLCLE rHE 260 ISSUES EVERY APPROVED DESCRIPTION OF 3A.K.-—-» 8. d. e, <l. i-32 ....@ 4 0 S 9 a 2J 9 @ • • r- 9 m 6* 6* ....© • •ft* LIFE AND ENDOWMENT POLICIES (ONTERMS AS FAVORABLE AS THOSE OF ANY OTHER COMPANY. ORGANIZED APRIL I2™i 1842,
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