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HUNT'S MERCHANTS' MAGAZINE,
REPRESENllNG THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES
NEW
VOL.15.
YORK, SEPTEMBER
7,
NO. 37H
1872.
Financial.
Advertisements
will
be publishRd at 20 conts per
eiicli lust-Tthiii, siiacy beiiij' iiieiwurcd In uffjitc
11 Iliu'sto llic im;h ; whoiidenniteor(J(.'r8iire given
fi)r tliree, six, or twelve mouths, a very liberal discount
will be in:ide.
Jacob R. Shipherd & Co., Duncan, Sherman
line for
BANKERS,
NE\r YORK, 24 Pine
type,
Advertise mcnta will hare a favorable place when
no proiiUsc of coutinuous publication
can be given, as all advertiiierB umat
have equal opportunities.
first lusertcd, but
Iti the be»*t place
Financial.
Street,
Street,
E-m A I N,
Bleber Gasse, 13.
CHICAGO, 161 23nd
FRANKFORT-ON-TH
..
WM.
DANA &
B.
CO.,
19
&
PrBHSHERS.
William
81
St.,
N. T.
INDEX TO ADVKRTISISITIENTS.
Having now establlBhed our ovn honse In GER-
MANY,
with nnsnrpassed Connections throughout
Europe, we shall make a Leading Specialty of the
degotiatlonof First-Class
. .
Bankers in Forcigu KxchauRe
Boston Bankers aud Broker.-*
riiiladelplUa Bankers and Brokers
Southern liankars and Brokers
Western BinKera and Brokers
New
Loans, luveetnieuta,
303, 331, Ui. 333
a05. 305, 331, 332. 333
.30:i,
—
3:i'i
30". 332
AC
3'J6, iJOS,
Financial Notlcet)
rC&ilrowli.lrou,«C
tusurauce
Cotton
Et^amshlps
832
,
833,334,
Terms upon
;
credits for use in the United States,
Indies.
James Kobb, King &Co.,
G. Harper
J.
&
H. Goadby,
J.
WALL STREET
Se
mav (x
Current Accounts received on such terms as
agreed upon.
BANKERS,
HQ
Canada and West
Telegraphic Transfers of Money to and from London, faris, San Francisco, Havana, Ac.
application.
307
3il
3U~
3;*6
334
,
AGENTS FOR THE
lasne liCtters of Credit for Travellers
333,3^,335
hilscellfluoouf CuiiLtnoroUi Cartin
^^ For
CIRCULAR NOTES AND CIRCULAR
Letters of Credit, aviiilahle and payable in all the
PKINCIPAL CITIES OF TUK WORLD also special
335
,
..
Sti,
& Co.,
Ncur York City.
ISSUE
liARGE I.OANS.
Page.
New York Banters and BrokerB.
No. II Nassau
terms of Sabscriptlon see
6tb Fa^e*
Available In
part ol Knrope,
all
CITY BANK,
HOTTINGITER dc CO.,
COMMKKCIAL
AOVANcKS made on
Also
tONDON.
PARIS
-
•
DRAFTS
CliKDlTS and
LONDON, PAKIS, and SCOTLAND.
Financial.
Canadian
etc through
Conslenmenta. STOCKS
BONI»-* hnweht «nd Bold on CoinmlMion.
Bank
Commerce,
of
No. 20 Exchanse Place,
on
Biy
anil
Sterling Exchange, and draw on the
Also transact
banking business, and give particular attention
to conversions of gold and currcacy. P. O. Box 4851
find Sell
BANK OF SCOTLAND, LONDON.
o'r>iei
THOS.
K.
I>.
The National Bank-Note Thos.
Company.
CmcORPOBATED NOVEMBER,
Postase Stamps,
Legal Tenders, and
National Bank Notes.
la the highest style of the art, with all modem Improvements of value, with special safeffvards devised
by the company and patented, to prevent frauds by
photograph.c and other modes of coanterfeitlng and
alterations.
All steel plates engraved and printed by this cornany are warranted to give thirty thousand good Imressloos, without charge for repairs.
A variety of Bank-Note and Bond Paper, of
quality, always
on hand.
OFFICE, No.
1
NEW
J.
K.
T. H.
A. ».
J.
superior
AVAIil.
STBIi:C:T,
YORK.
M.ICOONOCJGH, Secretary.
Charles G, Johnsen,
Co.,
BANKERS,
Wm.
J.
Baksr,
A iriERIO A.
Gilbert Elliot,
Pres.
Cashier.
The Mercantile Bank
OF NORFOI.K, VA.
Collections made In all parts of Virginia and
Caroliua, and remitted for promptly.
NATIONAI.
Commercial Bank,
inOBII.E,
ALABAmtA.
"T~.
Charlbs HoPKTirs,
...
$500,000
G. M. Parker, Vlce-Pres.
Hubbard, CasUer.
Pres.,
Dudley
COLLECTIONS made In ALL PARTS of the STATE
New York Correspondent— FomiTa National Bakk
&
Co.,
BANKERS,
Ne«r Orleans
will pnrchaaa
EXCHANGE, COTTOW, ETC.
Fartlcnlar attention glTen to BecelTlng and rot<
Deinnud Drafts on Scotland and Ireland, also on
Canada, Hritlah Columbia and San Francisco. BiUa
Collected aud other Banking Business transacted.
JOHN FATON, Agent.
&
G.
S.
G. C. Ward.
AOSNTS FOR
BARING BROTHERS A COIHPANT,
s REET, NEW YORK.
62 WA
,
,
38 STATE STREET, BOSTON
Taussig, Fisher 6c Co.,
BAKKERS.
No. 33 Broad Street, Nenr Tork.
Taussig, Gempp
&c
Co.,
BANKERS,
323 Nortb Tblrd
&
Gempp
St., St.
LoaU,
Bf i>.
Taussig^
BANKERS.
Salzbans No.
TRANSACT
street.
rates, alao cable Transfers.
No. 96 Broadiray, Nevr Tork,
3,
Frankfort-on>inaln
A GENERAI< BANKING BUSINESS.
Stocks, Bonds, Gold, Foreign
and Excbanse, Bonsht and
money
Sold.
commssioN merchant,!
[lOC^ Box 381.
W&n
Commercial Credits iBSued for use In Europe, ChfnA,
Japan, the Kast and West Lndlett aud South America,
al80 Circular Letters of Credit for Travelers available
lu all parts of the World.
Demand and Time Bills of ExchaDge, payable In
London aud elsewhere, bought and sold at current
North
New York oorrkspondknt.
THE NATIONAL BANK OF COMMERCE.
Capital,
Agency of ths
RANK OF BRITISH NORTRL
48
Francis Street,
St.
Joseph U. Orvis
VAN ANTWERP, PresU.
PORTEU, Vlce-PresU.
SHEPAHD, Treasurer.
&
]n[OBIl.E, AI/A.
En@:raverf« of tUeU.S.
fiHGBATIKO AK1> PRINTTWO OF BaNK-NOTKB, CeBTI*
FI0ATK8. Drafts, Statb and Railroad Bonds,
Bills op Exchange, Postaqe Stamps, and
Commercial Papers,
JNO. W. HILLKR.
P. Miller
No. 28
1859.)
Bondi^,
JAH. C. KICYNOLDSt
P. MILLER,
WILLIAMS,
Deposits received subject to Check.
Four per cent IntereEit paid on Balances.
Collections made on any part of the United States
and Canadas.
Commerotal Paper Negottated,
William T. Meredith & Co.,
No.
54
EXtHASGB PLACE, NEW YORK.
Dealers In
RAILROAD * nUNICIPAL BONDS.
Stocks and Securities Bon ght and Sold
at the
New
Vorlc Stoclc Kxcliange.
liOANS AND P4PER NEGOTL^TED-LNTBKEST
ALLOWED ON DEPOSITS.
:
THE CHUONICLE.
306
[September
Financial.
Financial.
AT A
Traffic Guarantee
Investment
Prime
ELEVEN PER CENT
INVESTMENT.
FIRST-CLASS SECURITY.
AND
PRICE.
liOnr
1872."
Financial.
5,000,000.
A
7,
REDEMPTION BONDS.
Loan of Arkansas
State
The Chicago & Canada
Seven Per Cent Qold
nORTGAGE
Southern
Interest.
PER CENT THIRTY YEAR BONDS.
7
A LIMITED NITMBER OFFERED
PER miLE.
$15,000
At 70
Cts. &,
Accrued Interest.
FIRST ItlORTOAGE SINKING FUND
Completed and Fully
Equipped Railway,
7 Per Cent Gold Bonds
YBARS
30
LINE from BUFFALO
from
tlie
new AIR
tlie
CHICAGO, and mns
to
Detroit Eiver to Cliicago in
nearly
a part of the same line as the Canada
is
Soathern, and
L. Scott,
for the faithful payment of interest and principal,
GOLD BONDS
Interest payable April and October at the Union
Trust Company, New York.
Maps, circulars, pamphlets, giving full particulars of
he loan, to be had by addressing
INTEREST PAYABLE FEBRUARY & AUGUST,
Williams
Island and Pacific
Boad; Sidney
Geo. Opdyke, of the Midland
:
FREE OF GOVERNMENT TAX,
Jr., all Directors either in
the Chicago and Northwest, or the Chicago, Rock
David Stewart, Samuel
Kenyon Cox, and
J. Tilden,
At the omee of tbe Farmers' Loan
Trust Company In New Ifork.
& Accrued
Fiice. 90
steel rails (60
Canada Southern,
like the
pounds
practically straight
have
the yard) throughout
to
and
will
level
much
;
shorter,
;
is
and
cao bo run with greater speed and safetythan any
other road connec ing Bnii'alo and Chicago.
Twenty-five miles are finished and
running;
more are so far advanced as to
by January Ist and the entire road will
seventj'-five miles
be finished
be completed during the ensuing
and ties
year.
Stce! rails
Interest
The
for
the great success ot
Chicago feeders to obtain for
THE
Indiana & Illinois Central
with the view of obtaining the cheapest transpor-
(four of
tation practicable.
President
lines will
tions between Chicago
make
AND ILLINOIS SOUTHEASTERN
and Toledo, and Chicago
and Detroit, as well as between
all
A
were eagerly taken, the
last of
and .Accrued
them
holders
class of investors
The proceeds
entire line,
of these
will
we
tlie
all
same
all
way
semi-annually
Interest, giving the
besides
will be
on their InNine per cent
cent. Profit
nearly
respectfully invite the attention of
Capitalists
a choice secniity.
to this Security as a parti-
application.
ffio.,
JONES
Bankers, No. 27 Pine Street, N. Y,
Sc
East and IVest Air Line of 163
mies, Indianapolis, Indiana,
This road passes through a belt of the best settled
and richest agricultural and mineral countrj- of Indiana and Illinois, averaging thirty miles in width, with
no other East and West Railway built or projected
through it. It crosses In Parke and Vermillion counties,
the rich
RLOCK COAL FIELD
of Indiana, which alone will supply an ample business.
Thirty miles through Douglas County, Ills., Just completed, opened and paid for.
Whole Western Division, Montezuma to Decatur, 85
miles ; to be llnished in 1872. Grading nearly done and
materials (except iron) already procured ; bridge over
W'abash ready for superstructure.
Eastern Division, 67 miles, partly graded and to be
fiuished in 1873.
»1.300,000
SCHUYLER,
New York,
No. 12 Pino Street,
Bankers, No.
J
Financial Agents of the Company.
Jt
FOSTER,
TTall St., N. V,
ALREADY EXPENDED ON
j'
.lAY COOKE & CO.. CLARK DODGE & «)
X.I"'''^"!'' iOOTE & CO.. and PAUt S.'
^%JSi>'.A^'
FORBES, (IF New \ obk ; BENJ. E. BATES, of BosI'E^^'IS, OF PuiLADEUHiA, and G. M.
j;?,^; i i!?S"^'
PULLMAN, OF Chicago.
Besides its right of way the Company owns Sism
acres of laud, chiefly in Indiana, of which 2,000 acres
are the best BLOCK COAL LANDS. It has also Si'bSCRlI'TIO.N-S IN BONDS AND CASH from Counties,
ToK-ns and Individuals of »700.(lOO.
The ruail cuiiiiccts at both tenulnl with the most important THIIOUGH RAILWAY LINES of the West
and being by many miles shorter than any other line
will be iudispensiibie to them, while Ks local business
alone will Intsure good dividends on its stock
Bonds H.OOO each, payable to Union Trust Company
Trusteeorboarer.;Tuljl, 1901,111 gold coin. Coupons'
also in gold, payable January 1 and July 1 In New York
or at Union Bank of Loudou, at fixed exchange of £7
sterling.
SINKING FUND
of 2>^ per cent n year on gross
in Bonds at not ex-
carnmgs to be invested by Trustee
ceeding par.
LEONARD, SIIEI.DON
IN CASH
AT PAR THE ROAD AND «1,SOO.OOO REMAINING TO BE
CALLED FROM TwInTY SUBSCRIBERS, AMONG
fortunate WHOM ARE W. H. GUION, SIDNEY' DILLON
and desirable one.
Pamphlets and Maps with full particuUrs furnished by us on written or personal
information famished by
WINSIiOW, I,ANIER &
Bonds
cularly safe
did the Canada Southern, and re-
gard them as in every
Pamphlets and
We
complete the
and we recommend them with
confidence as
of these
Interest.
amount for years past.
bonds
lot
Elewn per
vestment,
and were on the market a shorter time than any
other railroad loan of like
number
large
purchased by
in every particular
weeks ago, by the best
RAIL-
WAY.)
these points and
Bufi'alo.
The Canada Southern Bonds,
whose Directors, Including the
and Vice-President, »re also
DIRECTORS IN THE SPRINGFIELD
the shortest connec-
An
right to
RAILWAY
ago and the Atlantic seaboard, located expressly
like these,
Bond has a
CLEVELAND, COLUITIBITS, CINCINNATI AND INDIANAPOLIS
accommodate existing business, and having seen
Gold Bonds,
FREE OF OOVERNniENT TAX.
to Decatur, Illinois.
of this
the terms of a Traffic Guarantee Contract with the well-known
a profitable busi-
it
FIRST IflORTGAGE 7 PER CENT.
Sinking Fund
SAFE SECURITY.
By
the necessity for another trunk line between Chic-
several
Rail-
vote at all Elections.
ness from the start, having projected the line to
The branch
difierent
its
ways, offer unusual inducements to the investor seeking a PROFITABLE AND
The Holder
builders of the road control enough of its
Street,
Railway Company's
These Bonds, representing an unusually
light Mortgage upon a Finished Railway,
fully
Equipped,
extending
Centrally
through one of the Richest and most
Populous States of the Union, remarkable
for one-half the entire road have already
been purchased.
Bostwick,
NEW YORK.
&
other prominent railroad men.
The Road,
&
Rankers, 49 ITall
Daniel Drew, John Ross,
Dillon,
a
OF THE
Henry Farnam, R. A. Forsyth, John
M. Burke, M. L. Sykes,
this
Double and Undoubted Security.
SPRINGFIELD & ILLINOIS SOUTHEASTERN RAILVFAY.
being built by the same men, viz
is
Milton Courtrlght, John P. Tracy, David Dows,
Wm.
pledge their splendid endowment of Lands, Railroad
Rolling Stock, Station Houses and all other property
making
SINKING FUND,
a
straight line.
The road
BY
Special mortgage Endorsement,
Mortgage,
First
the western link in
is
ARKANSAS CENTRAL RAILWAY,
ILLINOIS.
AND ACCRUED IINTEREST.
This road
THE
ENTIRELY WITHIN THE STATE OF
AT
90
and every bond."
MILES LONG,
228
Interest Payable April and October,
at Union Trust Company.
In these Bonds, '• the faith and credit of the Stat e
arc solemnly and irrevocably pledged for the payment
and redemption of the principal and interest on each
For sale at 90 and accrued interest by the Financial
Agents of the Company,
"WALKER, ANDREW^S
j
14 Wall Street.
«c
CO.,
»
:
.
tHE CHUONICLE.
iSeptember 7, 1872.J
Southern Bankers.
Southern Bankers.
THE
OF
mriLiniNGTON, n.
NEIV OKItEANS.
ALBERT BALDWIN, Vice Pnwldont,
John A. Klkim,
JOSKPII MITCHKI,, Cashier.
Capital. $500,000
N.
Caboliha Natiosal Bahk or
CoLCHBiA, a. C, July 'it, l«li.
of tbe Act of the General Assembly, approved
KICHAKU JONES,
Nkw Yokk
COH. CALIFORNIA
STS.,
and
Capital Pald-Up
•
$5,000,000
-
.
J. o.
o. LAUTie, Secretary,
&
GALVESTON.
•-..•-
D. O. MILLS, President.
Ins.,
RALSTON, f ashler
C.
will
IN
Wall. U i>b't. .Mills, T. .1. U. AndL-rson.
Special attention giveii to collections at all potntf
in tiie State, and remittances promptly made, without
any charge except customary rates ot exrliange.
NEW
The Registration
charge of Dr. J.
W. Fabkbb, the
Bonk, whose
roUK, Messrs. LEES & WALLKR,
No. 33 PINE SREET,
IN LONDON,
Co.,
THE ORIENTAL BANK CORPORA
« THREADNEEDLE
TION,
official
This
Texas.
New York
The
on the
and other leading European
Texas.
Tbe Branches of tbe Oriental Bank
at Hong Kong, and other Asiatic
Ports.
President.
Cashier.
Wilson,
GiLMORE, DUNLAP
(Successors to H. M. Mo-)re,
RANKERS,
BRYAN, TEXAS.
CoUeotlons made and promptly remitted for current
rate of exchauKe. Correspondents
Musars. W.P.CONVKltdE & CO., New York.
& BASSETT,
BASSETTBANKEIiS.
Houston— First National Bank
;
good
delivery," after
J. V.
Dealers la
UOI.D,
&
Co.,
&
AUSTIN, TEXAS.
sell real estate,
pay taxes and adjust
prosecute Land and money claims aj^alnst the
State and Federal Oovernuienis nitike collections
Receive deposits and execute Trusts.
Titles,
Adams & Leonard,
BANKERS,
New York Correspondent
Trice.
Fort
^_____^
RlPBBB.'fOBS
Morton, Bliss
Ic
Co
IGeobok W. Jaoksom,
&
Late Cashier
Nat, Bank
GalllpoUs, o
1st
Jackson,
» JANKERS, J
a
UTACO, TEXAS.
AND COBUKSPUNlikNUB;— New Vurk
&. Co^ David Dows & Co.
Cincin-
Wlnslow, Lanier
:
Sew
lor
on day
ol
First National Bank,
Merchants Katloual Bank.
Orleans: l^ottlslana National Bonk, Wheiess A
Pratt, BookenJIGalveslcia i T. U. MoMohaa & C«.ai
CHILDS, President.
S.
Assistant Treasurer,
New York, September 2, 18T3.
DURING THE MONTH OF SEPTEMBER, 18Ti.
BIDS FOB GOLD.
TiitmsDAV, September 5—One
Thursday, September 12— One
TuuRSDAY, September 19— One
Thuksdat, September 26--One
A
Capital,
linPROVED FARIWS,
from
all
expenses) paid
wherever desired.
E.
MORBIB,
I
(
SANFORD,
Attorney and Solicitor
References given to prominent porsons in any large
city In the Union.
iruu Undoubted
check for Five per cent of bid or effer
will be opened
at 12 o'clock, noon, each day speelflcd. Tlie Treasury
may, at Us option, accept offers of bonds or bids for
gold in excess of the amount advertised for.
Printed fonns for proposals, with the regulations to
be observed, will bo famished at thla office.
Assistant Treasurer, U. S.
OFFICE OF
U.S. Assistant Treasurer,
Interest,
We are Investing for eastern parties many thousands
of dollars per month, on improved property in Illinois
worth, in everj' instance, three times the sum loaned.
Our securitiea are very profitable and pouular, au# are
considered tlie safest offered. We will loan any sum
you may desire to invest, be 'it large or small, ue can
refer to parties for whom we have loaned large
amounts of money, who have never lost a dollar of
either principal or interest In this class of securities
during the last fourteen years. Send for our hook.
" Illinois as a Place of Investment,** which contains all
necessary Infonnatlon. Address
St
School Bonds,
QBloomiustoui
1872.
hundred and fifty-four (4,154), and four thousand three
hundret^ and fourteen (4,314) inclusive, and of the de*
nomination of $10,000, between tbe numbers four
thousand five hundred and seventy -four (4,574) and four
thousand soveu hundred and nineteen (4.719) Inclusive, will be paid on presentation at this office, and that
from and after the 31st day of October, 18T2, such
certificates will cease to bear interest, and will be no
longer available as a portion of the lawful
reserve of any National Banking Association.
money
THOMAS UILLHOUSE.
Assiaunt Treasurer, U.S.
Smith
& Hannaman,
BROKERS
AND INVESTING AGENTS,
INDIANAPOLIS, INDIANA.
Choice Ten Per Cent luvestmests at and below par.
WILSON & TOMS,
>....^
YORK, September 8,
WITH INSTRUCTIONS FROM
the Secretary of the Treasury, notice is hereby given
to the holders of 3 Per Cent Temporary Loan Certificates, issued under the Acts of March 2, 1867, and July
25, 1S68, that all such certificates dated from September IB, 1868, to October 1, 1868. of the denomination of $5,000, between the numbers four thousand one
Security*
Dealers La Real Estate Securities
Million.
certified
IN CONFORMITY'
MONBT LOANED FOR EASTERN PARTIES ON
Interest (clear
Million.
must be deposited therewith. Proposals
payment,
FOB
Ten per cent
Million.
Million,
OFFERS OF BONDS.
Wednesday, September 4— One Million.
Wkdnebday, September U— One Million.
Wednesday, September 18—One Million.
Wednesday, September 25— One Million.
NEW
Eastern
I
by order, receive bids for Gold, and ofieraof
Bonds, as follows:
shall,
acceMlble
SAFE INVESTMENT
Ten Per Cent
TKBUINUS OF CKNTKAL RAlLiiOAD
Goralcaua, Texas.
New York,
In
1st.
THOMAS HILLUOUSE,
at all
FOR8AI.B
IlXINOIB,
A
and aU klndc of
CHECKS ON LONDON AND PARIS
;
nati
SILVER
W. YOS BOSKNBXRO
C. R. Johns
Late Fort
Street.
U.
aOVBRNMBNT BONDS.
KIKUV,
LAND AGENCY
TEXASBANKING
EXCHANGE.
M. A. fOBT,
Co.,
CINCINNATI, OHIO.
Brenii am, Texas.
September
OFFICE OF
Bassett, Atty^s at Laiv,
0. R. JOHNB,
V. KTSBBTT,
Purchase and
&
West Fourth
110
Ac
points and remitted
QiUyeston— Ball, Hutchlnjfs & Co; New Orleans— Pike,
Brother & Co.; New York— Dnucan, Sherman & Co.
&
108
COLLECTIONS ItlADE
Brenhaniy Texas.
Correspondents:
cities.
ALSO, ox
:
I
ORIENTAL BANK CORPORATION, LONDON
London, Dublin, Paris, Amsterdam, Hamburg, Bremen,
DIBEC rolls W. J. Ilutchlns, P. W.Gray, A.J.
'
Burke, Cor. Euuis, W. M. Kice, C. S. Longcope.
&
bills
ATLANTIC CITIES,
alble points.
Moore
Stock Exchange has rescinded lU
issues Letters of Credit available for the
EXCHANOB FOR SALE ON THE
Wo give special attention to coUectiuus on all accesBENJ.A. BOTTS,
Bond or
be under the
Vice-President of the
CommercUl Warehouse Company
to be "
purchase of Merchandise in the East Indies, China,
Capital, $500,000.
SayleH
Bank
Japan, Australia, and other countries, authorizing
THE OITV BANK OF HOUSTON,
WEE.MS,
will
slgnatore wUl eerttfy to the Regis-
L. D.
ForelKu and Domestic Extbange,
Houston,
for each
order requiring South Carolina Bonds to be registered
at the
STREET,
MARCUARD, ANDRE & CO
IN PAIUS, Mkssks.
We have prompt and rclli»ble corrcsp indents at all
the principal puints tliroutrhoub this b'ate, and upon
all collectioas payable In Tils City or Houston, make
no charge lor collecting, and only actual charge upon
Interior collections. Immediate andi>rompt atiemion
erlven to all business entrusted to us. l^eler to \tv.
Park Bank, Howes & Macy, and Spofford Tileston &
Co,, N. Y., "^d Nat. Bank, Boston. Pine Lepeyre & Bro.,
N. O., Drexel & Co., Phiia.
B. F.
ONE DOLLAR
piece of Stock.
Baukers,
GALVESTON,
The charge for
be returned as directed.
Kcgistration will be
tration.
W
McMahan &
W.
AGENTS.
$238,000
DlliECTOlJS: .1. M. Brauilon, J. C Wallls, F. U.
Baker, Leou
Lubbock. M. Quln, K. S. Jeiuisou, M.
Blum. Geo. Schneider, It. S. Willis, T. A. Gary, W. B.
Dealers In
AND CERTIFICATES OF
upon presentation. Bonds may be sent by Express,
WALLTs, Vice-Pres't
ALFH0N8K LAUYB, Cashlu:
Pres't.,
Cash Capital,
« 8AN80ME
CORRKSI'ONDENT,
Texas Banking
And
REGISTER THE OUTSTAND-
to
ING BONDS, COUPONS
STOCK OF THE STATE OF SOUTH CAROLINA
SAN FRANCISCO.
NINTH NATIONAL BANK.
T. H.
C, U now ready
March
Caahlcr.
Particular attention j?lvcn to Colleetlona, both In
the City and all points In connection with It. Prompt
returns made at best rates of ExchanRe and no churRe
made, excepting that actually paid upon any distant
point. Correspondence solicited.
H.BRANDON,
California,
t
Bank of Columbia,
13th, 1812, the Carolina National
S.
The Bank of
President.
JAS. N. BEADLES, Vlcc-Prealdeut.
)
In accordance with the provisions of the 10th Section
N. Y. Correspondent:— Bxnk of the Manhattan Co.
ORLEANS, LOUISIANA.
JESSE K. BKLL.
Bonds.
Valley Bank.
Western Bankers.
NEW
South Carolina
Casbler.
A BAKK OF niSCOlTNT AND DEPOSIT,
vicKSBUHO, miss.
Bank
National
O.
Klowkrkbb. Ubo. M. Klbim
Vice-President.
Mississippi
Strict attentloD Blvcn to CoUectloua In tliin city and
la other parts of the iTiilted States, free of charge, ci
cent such as may bo actually paid.
Returna promptly made at the current rates of Ex
change of tbo day.
o.
part^ of the United States.
all
O. C.
Prealaont.
I^lmU... $1,000,000
I
made on
Collections
fOUKCHY.l'icslduul.
REGISTRATION
Bank,
National
First
Financial Notices.
A. K. Walkbk, Caablar.
B. B. BusBUaa, Preat.
Mutual National Bank,
P.
307
lliinoi*.
Financial
Laws and Forms
ot
INDIANA sent free.
N. T, NatiobaIi KzcoAfioi BiiK, Correspondent,
,
SOS
THE CHRONICLK
tSeptember
Financial.
Financial.
Financial.
& W.
B.
I.
EXTENSION
On
KAIliAVAlf
a
Completed Road.
First Mortgage
Gold Bonds,
THE
CINCINNATI, RICHMOND
FORT Tt'ATNE RAILROAD
COOTPANX'S
-WESTERN RAIl,\rA1f
The Bonds
are secured
first
and only mort-
EXTENSION ROAD,
constrncted in the
being rapidly
most thorough manner by able
who
represent a capof several millions of dollars, wlilch ensures
and experienced
ital
EXTENSION LINE.
by a
contractors,
rail
About
60
being laid at an early date.
the last
miles are already finished, and
miles graded; the whole line,
completed early in 1873.
217
110
miles, will be
We have been connected and entirely familiar
with the I. B. & W. RAILWAY from its early organization. It was completed in the autumn of
1870, and has developed rapidly into a successful and wealthy corporation, having a large revenue from its rapidly increasing business.
With the EXTENSION it will be one corporation
with 420 miles of road located in a comman'ling
position in the heart of the
BEST PORTION OF
THE COUNTRY.
The counties on the
line of the
EXTENSION
iB
had a population of 242,330; valuation of
real and personal estate, $ 1 8 1 ,000,000 ; bushels of grain raised, 27,000,000 ; value of farm
products, $25,570,000, and live stock $18,349,000, to which may safely be added 1 5 PER
1870
CEN
PRESENT POPULATION
to represent the
I',
AND VALUE.
The counties on
the old line and the
together contain a population of
SION
THREE QUARTERS OF A MILLION,
erty valuation exceeding
From
these statistics
EXTENSION
addition to this
TRAFFIC
of
will
the
NEARLY
and a prop-
be readily seen the
will
LOCAL BUSINESS
COMPLETE SUCCESS
a
it
it
it
EXTEN-
$400,000,000.
have a
will
make
that will
;
in
THROUGH
IOWA AND
have the entire
MISSOURI,
NEBRASKA ROAD,
connecting with it on the
Mississippi River, extending West to the Missouri
miles,
it
where
connects with the MIDLAND
300
PACIFIC in Nebraska. These two corporations, and
also the
PEORIA AND ROCK ISLAND, (91
miles,)
DAVENPORT AND ST. PAUL, (-00 miles,)
although separate corporations, are controlled in
the interest of the INDIANAPOLIS, BLOOMINGand the
TON AND WESTERN RAILWAY, and practically
will be a united line of more than 1200 miles, the
through business of which will pass over the I. B
&W. R.
This is an EA&T and WEST TRUNK ROUTE,
and has NO PARALLEL COMPETING LINE.
The Eastern connections at Indian^ipolis are the
BALTIMORE & OHIO,
BELMFONTAINE, LAKE SHORE & NEW YORK
CENTRAL, and other roads centreing at this point.
the Seaboard to the West and Northwest
distances are MATERIALLY- REDUCED via these
connected Roads, so
much
so that it cannot fall to
for travel and business.
Liberal Subscriptions to the Stock were made by
Towns and Ci.unties on the Line of tlie EXTEN-
POPULAR LINE
SION and
the remainder has been taken
bjrEXPE-
RIENCED R.VILROADMEN and EASTERN CAP-
ITALISTS.
These facts cannot fail
will only bo issued on
high rank
among
tomake the BONDS, which
The Bonds may now be had from Banks and
Bankers throughout the country.
•r>3^^'jRVVJil?l° "' present at 90 and interest and
RECOMMEND
THEM STRONGLY to our friends
JJi^aVoA «?;; "o",.?"?"' ""e SAFEST AND MOST
DESIRABLE
SECURITIES on the market
Bonds delivered
free of express charges.
Maps, Pamphlets and Circulars furnished
furnishei on ap-
plication
T1TRNER BROTHERS,
14 Nassau Street,
50 TEARS TO BUN, PRINCIPAL AND
INTEREST PAYABLE IN UNITED STATICS GOLD
COIN,
not inferior to the present standard." Interest payable semi-annually iu New York, on the Ist day
of June and December, and guaranteed jointly and
severally by
**
The Cincinnati, Hamilton
tou Railroad Company,
& Day-
FARIQERS' LOAN
tt
COMPANY.
TRUST
This road will be 135 miles In length when completed
and Jacksonville. 111., an Important railroad point, and
Mount Vernon will be its termini. The road is constructed from Jacksonville to VIrden, a distance of
thirty miles on the line of the Chicago and Alton Railroad, and is THOROUGHLT EQUIPPED, PAID FOB
AND
IN SUCCESSFUL OPERATION, The track
in time to secure the Immense business ol
the Autumn crops to Raymond, sixteen miles
further, on the line of the Toledo, Wabash & Western
be laid
will
The Pennsylvania Company, and
Grand Rapids & Indiana Railroad Company.
Tlie
The Road is entirely completed and in operation,
and extends from Fort Wayne, Indiana, to Rlchmoi.d,
90 miles iu the State of Indiana, and connects tlie
Pittsburg, Fort Wayne ft Chicago Railway, the tirand
Rapids and Indiana Railroad, and the whole system of
roads under the control of the Pennsylvania Company
In Indiana and Michigan, with the Cincinnati, Hamilton & Dayton Railroad to Cincinnati and Southern
Ohio aud Indiana. The road Is leased for 99 years to the
Grand Rapids & Indiana Railroad Company, and operated by It for the joint account of the guarantors, and
by a contract entered into between the Grand Itapids &
Indiana Railroad Company, the Pennsylvania Company,
lessees of tlie Pittsburg, Fort Wayne and Chicago
Railway, aud the Cincinnati, Hamilton and Dayton
Railroad Company, for reciprocal interchange of business, all these Companies agree to throw all their
freight and passenger traffic which may be appropriately done over this road, thus insuring it, from the
outset, a large volume of business. The holders of
these Bonds are thus trebly secured.
J^irnt.—liy a first mortgage on a finished road now In
full operation.
Secondli/— By a contract for'interehange of business
with three prosperous and powerful corporations, controlling In Its favor a vast amount of business.
Thirdly— By the direct and absolute guarantee,
and severally, by ENDORSEMENT ON THE
BONDS by the above-mentioned three Companies.
The whole issue of the Bonds is »1,SOO,000, or *2O,000
per mile, and but a limited amount are now oiTered to
investors. Price, 92>^ and interest. Circulars aud information furnished by
jointly
moving
Railroad.
This Is a very Important eonuectlon, as Jt
opens another route to St. Louis, only two mlle»
longer than by the Chicago and Alton Railroad.
Only 1600,000 of the bonds are ottered, as bonds will
besoidonly on thedistince completed. The issue is
limited to $20,000 per mile.
Traversing the best part of Illinois, thin road wll
have a large coal, grain and lumber carrying trade,
equaling tlie business of any other road In the State.
It connects directly for the purpose ol freight and
traflic with the principal roads in Illinois, and intersects the great seaboard trunk lines thus, while forming a part of a tlirough route to the seaboard, it ha»
access to the business of the great local lines.
The connections are as follows
At Jacksonville with Toledo, Wallash. and Western.
Railroad.
At Jacksonville with Peoria, Pckln asxl Jaeksou:
;
vTlIe.
At Jacksonville with Chicago and Alton.
At Virdcn with Chicago and Alton (main line.)
At Raj-mond witli'T. W. and W. (St. Louis Branch.)
At Hillsboro' with IndUiuapoiis and St. Louis.
At tireeuville with Terre Haute, Vandalla and St.
Louis.
At Ccntraliawith Illinois Central.
At Mouut Vernon, with roads running direct to
Shawneetown on the Ohio River, to Padueah, at which
point the entire Southern system Is brought Into conueotioii and to Evansville, connecting with the important roads now centering there.
;
We have made
carefitl
and repeated pernonal exam-
inalions of the affairs of this compani/iiince Us organization, ajul of the country through which the road
pa>isefi, and we unhesitatingly and conUdentty recom-
mend
these
bonds as a
GOOD AND PBOFITABLE
IXVESTUENT.
ATINSIiOAV, I.ANIEB
&
CO.,
No. 27 Pine street.
Houston & Texas Central Railway Co.'s
Pamphlets, which will be furnished oc application
w*ill kivo further and interesting information.
We offer these bonds at 85 and accrued Interest in
currency until further notice.
All marketable securities received in exchange at
their full market price.
GIRSON, CASANOVA
dc
CO.,
No. 50 Exclianse Place, N.Y.
First ITIortgase I^and Grant Siulting;
Fnnd
7 Per
Cent Gold Bonds,
90 AND ACCRUED INTEREST IN CURRENCY,
About Nine Per Cent on tlie
Investment.
Ifieldins
WILLIAM
E.
DODGE,
PHELPS,
of
and
guincy
RAILROAD COOTPANV,
Seven Per Cent Bonds,
COUPON OR REGISTERED
New York, President.
WILLIAM WALTER
NEir LOAN,
Trustees for Bondholders.
Principal and interest payable In Gold at the National
City Bank, New York. We coufldently assure investors
that these bonds are first-class, in every respect, and
we reeoninieud them as an entirely safe investment
All securities taken at Board prices in exchange
Circulars and Information may be obtained at our oflice.
JOHN
J.
CISCO & SON,
No. 59 TTaU
St,,
Cammann &
New
Torlt.
8
Wall
Street,
New
Free of Government Tax,
FOR SALE AT PAR.
KIDDER, PEAAODV
45 Wall Street,
Co.,
Banlcers and Brokers,
Transact a ORiiRR^L
&
Chicago, Burlington
Baldwin
&
New
ic
CO,,
VorIc<
Kimball,
BANKERS AND STOCK BROKERS.
York,
Bankino Bcsinkss, and
irivb
to the PURCHASE AND SALE
iFGOyERNMENT.STATEANDriAlLKOADSBCl?
New Tork.
tax in
Franlifort.
HAVING
8articular attention
BANKERS,
Government
London and
Yoric,
TRUSTEES,
COMPLETED ROAD.take SHEPHfRD KNAPP
the best Railway Securities.
They are *1,000 each, CONVERTIBLE into stock
at par, at the option of the holder, and may be registered free of charge.
Coupons payable 1st January and July, free of
tax.
COOTPANV,
Interest payable, free of
THE
7 Per Cent Gold Bonds,
From
alto,
WAV
CENTRAL,
PENN.
be the
AND SOUTHEASTERN RAIL-
A:
Mortgage
First
INDIANAPOLIS, BfcOOmiNGTON &
gage on the
OF THE
New
ISSUED BY THE
IN BUILDING ITS
Per Cent Gold Bonds
7
JACKSONVILI^E, NORTHTTESTERN
Convertible 7 Per Cent
TO AID
18' 2.
Mortgage
First
Guaranteed Bonds
7,
"'T^OepOBlta received subject to check at Bight.
14
TTALL STREET, NEIV VORK.
Interest
T. B,
Allowed on Deposits.
BALDWIN,
G.
8.
Member I«. Y. Stoek and Gold Ezchange.j
KIMBAIX
.
xtmtk
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY, SbP MEMBER
3 5.
CONTENTS.
reserve
THE CHRONICLE.
Shall
wo have Monetary
gi ncy this Fall
Strin-
|
309
V
Thu Peace
of Europe and the
Berlin Conclave
The "Metis" Disaster
Financial Review of the Month
of August
Changes in the Redeeming
Agents of National Banks..
|
Cotton Crop Report
Thu Debt Statement for September. 1872
|
."tlO
I
310
|
1
81«
316
..
Current Topics
Monetary and Cummorcial
Liitest
News
Ensiish
311
313
News
|
I
Foreign Exchanse, New York
CityBauks.PhiladelphiaBanks
I
perlutbaiibn to the
now, and there
THE BANKERS' GAZETTE AND RAILWAY MONITOR.
Marltet, Railway Stocks,
U. S. Securities, Gold Market,
3111
328
323
the
number
movements of the
some
is
is
some
resulting
This
market.
loan
watched with most interest just
Some
diversity of opinion.
make
little
persons
difference to
The
money
working of the monetary machinery.
practical
Treasury,
a larger
There may be a
minimum.
the short reserves will
that
now
direction, with
in this
one of the points which
claim
National Banks, etc
Quotations of Stocks and Bonds
Railway News
tendency
318
.tnd
;
376.
allow their greenback aggregates to run
lowest legal
the
is
'
Money
to
continued
316
Commercial and Miscellaneous
I
3!J
down
by degrees
has yielded
than ever before
NO.
1872.
7.
keep
they say, will
everything in
the
|
THE COMMERCIAL TIMES.
Commercial Epitome
32.5
Cutton
Breaasmfls
328
1
market as quiet and easy us possible during
Groceries
320
330
saelDryGoods
the only trouble will be that the delinquent
this Fall,
bmks
will
and
be
warned occasionally by the Comptroller to keep up their
which requirement will easily be complied with
during the thirty dnys grace allowed by the law.
|
reserve,
Tbb CoMMERctAL AND FINANCIAL Chboniclb
day morning, with
the latest
news up
to
18 issued On Saturmidnight oj Friday.
TBBII8 OF SUBSCBIFTIOir-FATABLE IH ADVAHCX.
to city subscribers,
and mailed
POKlage
is
delivered by cnrricr
to all others (exclusive of postage),
$10 00
6 00
be atnt to tubscHbers unlit ordered discontinued by letter.
iO cents per year, ""'l is ni'd by t/ie ntbscriber at Ms nmn post^oMce.
WILLIAM B. DANA,
JOHN e. PLOYD, JK.
WILLIAM
t
fi.
DANA &
00., Publishers,
79 and 81 William Street,
|
4,592.
Subscriptions and Advertisements will be taken in Loudon at the office of
the Chronicle, No. 5 Austin Friars. Old Broad street, at the following rates
Annual Subscription (including postage to Great Britain)
£2 9s.
"
"
"
Half-Y early "
15^.
Advertisements. 9d. per line each insertion; if ordered for live or more
Insertions, a liberal discount is allowed.
:
The Publishers cannot be responsible for Remittances nnless made by
Drafts or Post-Offlce Money Orders.
£3'" A neat file for holding current numbers of the Chronicle is sold at the
olttce for 50 cents. Volumes bound for subscribers at $1 25. The first and
second volumes of the Chhoniclb are wanted by the publishers.
-—
'
and they seldom
But
WE
IliVE MOiVEPARV
STRINGENCY THIS PALL
still
suffering
our city
under the continuous drain which
they neglected to provide for before-hand, the loan market
would now be
sh'irt
averages of reserve
the cliques to lock up
money.
to
make
may
trouble for other people, how-
fail
to gain
the
expected profits
Another source of anticipated trouble
is
the presence of
extraordinary supplies of foreign capital which
call
low
at
government
become
Formerly such
rales.
collaterals chiefly
;
is lending on
was lent on
the amount has
capital
but of late
so large that other securities have been accepted as
m
collaterals,
ordtr
avoid locking
called in, in
?
for the circumstance that the resources of
banks are
fail
ever frequently they
when these
SlIAll
stimulate
to
for themselves.
NEW YORK.
Post Office Box
another class of persons the
expected
These cliques are always ready to subscribe large sums for
such purposes whenever t'lere is a fair prospect of success,
The Commkrcial and Financial CnnoNicLE,
For One Year
For Six Months
7%3 Chronicle wUl
By
are
it
up
to get the
in
money out on call, and to
The time may come
time loans.
call loans of foreign capital will be suddenly
which contingency great trouble would possibly
threaten the
money market.
The
circular of one
of
our
leading banking firms, in referring to these foreign loans,
says they are " supposed to have been placed here partly
and there might be a for the purpose of enabling foreign bankers to command
monetary ease through- instsnt supplies of gold from this side should any unfavorout the autuinn. Now, however, we have reached the point able turn of events occur in connection with the prodigious
where the banks cannot readily accumukte reserves. Tlie^ payments of indemnity money by France to Germany.
have allowed the time favorable for that work to pass by These paymeiits are chiefly made, as is well known, through
thera unimproved, and the anticipation is that we shall have the Bank of England, whose stock of bullion is liable at any
to work with a smaller Aggregate of reserves than his been moment to run lower than the safe level.
By means of these
in a tranquil condition,
surer promise for the sustaining of
hilherfo
considered
safe.
It
has
been
usual with
of our city banks to keep in the aggregate a larger
of reserve than the 25 per cent,
many
amount
required by the law.
This
new
credits,
thus
establishing themselves so actively here,
the English bankers
from
this
side,
can, at
any
tiras,
ship gold to
Europe
and can make their arrangements for
that^
good custom so condusive to the stability of the financial purpose by cable at a few hoars' notice."
situation was fostered by the Clearing House Certificates
At present, no doubt, the presence of this foreign capital,
which allowed the banks to earn 3 per cent, on part which is by some persons estitn,ated at 20. millions, is a
of their reserves and lessened the burden imposed by cause of monetary ease, because it makes money plentiful.
law upon the banks for the sustaining of their legal- If, however, it should be disturbed, and any sudden coolintenders.
the
With
disposition
the
of
redemption
the
banks
of
to
these
keep
an
Certificates
excess
gency
in
of could not
Europe should
fail
to suffer.
call
it
thither, the
loan
mffrket
:
THE CHRONICLE.
310
On
the other side, however,
it is
argued that the presence
[September
usually invested with secrecy.
award of the
our fnvor, would
of this foreign capital is in anticipation of the
tions
which diplomacy
Geneva
much
of
tribunal, which,
should be
it
if
in
exert a moral force disproportionate to
pomp and
peace.
expectation of stringency has been " discounted,"
If
of Europe
publicity.
any nation should
it is
The demand power which
1872.
only peaceful conven-
It is
accustomed to surround with so
Moreover, the
Russia and Austria, as well as Germany, are
real value both
Moreover, they add
on the money market and elsewhere.
that the
its
is
7,
lie
interests
all
of
favor of
in
tempted to break the peace
The only remaining
neither of these three.
dream of war is France. But
She can treasure up her revenge withIf she
is so
foolish as
usual, while the uncertainty as to the elections keeps a large out its abatement by keeping.
for
an
idea
and for a sentiment,
aggregate of money idle, because the owners do not feel con- to go to war
She is recuperating
fidence enough to invest it and wish to keep it under control. she must first rehabilitate herself.
On tlie whole the uncertainty as to the situation is not fast. But several years of peace must pass away before
diminished by the rumors of an unfavorable bank statement the disasters and prostration left by the wreck of the
and will tlms be averted or at
for
money
to-day.
It
is
West
the
for
is
least assuaged.
France needs
also expected to be later than
a safe policy, however, which
is
enforced by
Present contraction
our bankfirs on their dealers.
may
Napoleonic dynasty can be obliterated.
Besides this,
France wants an ally before shs goes to war. How far the
not
union and swift progress of the
only prevent future disaster, but will lay a foundation for
that prosperous Fall business of
likely to
is
rest.
which the indications look
German
armies, and the
equally swift collapse of the hosts of France, mis;ht have
more and more promising.
been checked
or
if
if
Austria had threatened Southern Germany,
Russia had made a demonstration
in the
North, during
the early part of the campaign of
1870 is a problem which
Is easily solved.
Why these Powers did not act in the
emergency is well known. If France at any future time
should declare war against Germany, she will not again
THE PEACE OF EUROPE AND THK BERLIN CONCLAVE.
The meeting of
the three
rise to a multitude of vague
tions,
which are almost as eagerly discussed in Wall street
among
as
Emperors at Berlin has given
rumors and conflicting anticipa-
the financial
circles
ditional policy of this country
make
Although the traand always has been, to
abroad.
is,
avoid entangling alliances with foreign potentates,
still
She must have an
so great a blunder.
will not allow herself to
She
alliance.
be checkmated by Bismarck, or go
unprepared and alone into the combat again.
the
For these two reasons then France can not go to war for
American commerce knits our industrial some time to come first, she is not prepared and needs
life by a thousand bonds to that of the old world, and for
peace to recuperate.
Secondly, she has no allies, and the
many other reasons the problem of war or peace in Europe times are adverse to her forming any such combinations.
has for us an absorbing interest and evokes a host of sym- What would be the alliances she would most probably seek
pathies throughout every part of the country.
To-day, for if the hour had struck for her revenge on Germany, may
the first time, the three most powerful and most absolute possibly have suggested one of Bismarck's subtle
reasons for
sovereigns of modern times meet in the crpital of the new inviting the Emperors of Russia and Austria to Berlin.
Empire of Germany, and the same questions are agitated But e.xcept indirectly, no engngements in view of such
here as in London and the great financial centres of Europe contingencies of the distant future are at all likely.
Still
as to what the meeting means.
Russia may possibly have chosen this opportune moment to
vast net-work of
;
Some surprise has been expressed that England, France
and Spain did not join the conclave, and more still that Italy
not
is
•
Their absence
represented.
is
augury, and indicates that the meeting
interp se her good
tente cordiale of
however a favorable
is of a more limited
hostility of
it.
However
nations.
is
obviously
may
this
in
the in-
terests of peace.
has been said, and on insuflieient author-
It
ity has been believed, that Italy was invited but declined to
go to Berlin. These reports and a multitude of others must
be accepted with
two rival contiguous
be the Imperial conclave at Berlin
signiGcance and has no such international import as has been
attributed to
with a view to conciliate the en-
offices
Austria toward Garniany, and to soften the
caution.
All that
is
positively
THE "METIS" DISASTER.
The Secretary of the Treasury
known
we
will,
trust,
Report to the public as early as possible of the
about the arrangements and purposes of the Imperial meetis contained in a brief note from Russia to France
of this fearful
tigation
ing
give the
full
inves-
official
On Wednesday
catastrophe.
the
Government inspectors met and organized at New London,
way enter into the discussions at Berlin. Tnis emphatic and we are glad to find that some of the mystery which has
enveloped [the aflair is gradually clearing away. The first
declaration is reassuring, and at once disposes of the stories
business of the Board of Investigation was to visit the
that have been current as to a war-alliance
explaining that the interests or affairs of France would in no
offensive
defensive gueranteeing
Frederic-William in
and
his
annexed
provinces of Alsace and Lorraine, together with a
rectifica-
schooner which ran into the " Aletis " and sank her. On
examination it was found that she had reached New London
shortly after the collision, with
and an extension of the coastline so
the rapidly growing commerce of the German
tion of the sea-board
as to foster
only.
No
further
the loss of her head-gear
damage had been done
" the
to her but
away of her jib-boom and bow-sprit, and some
Empire. It has long been the dream of the' German mind
injury to the stem.
The 'apron,' which is immediately
to absorb Holland if not Belgium into one grand industrial
behind the stem, does not seem to have been damaged at
and commercial confederation wiih united Germany. But
all."
The Board next proceeded to call the captain of the
no such dreams have actuated the prac'ical mind of Bisschooner.
His evidence is clear and apparently frank, but
marck in planning the present demonstration. That astute
tends to clear himself as far as possible from blame. He
statesman well Knows that the time is not ripe for any such
carrying
confederation, that
risk all that
the
it
Germany
future for the
would precipitate
has achieved in
says
war, and
would
the past and hoped in
I
inlent of this
;
bore north
the weather being thick with rain squalls, took in light sails, sent
mate and saw a steamer two points on the Ice or starboard bow we
steered our course west by south our lights were in good order I was
standing alongside the man at the wheel; the mate was aft I saw the
steamer's green light and masthead light also; wo held our course, and in
about three minutes collided the steamer struck our jibboom and bowsprit,
breaking the former in three pieces and tlie bowsprit at night beads, breaking
off night head stanchions from both hows, and all our head gear and cutwate
;
for
not contemplated, and that the real
meeiing of the C«33ars is s)melhing pacific is
;
;
is
proved by the
fact that
such war-compacts are
;
;
;
sufficiently
left
;
development and oonsolidaviou of her
alliance
master of the schooner "Nettie Gushing," of Thomaston, Me.; we
;
union under the Empire.
That a war
am
Thomaston August 27, 1872, bonnrt for New York nothing unusual occnircd
until the morning of the 30th the course was west by south, the wind coming
from the southeast the weaiher was drizzling rain; atSA.M. Watch Hill
I
September
THE CHRONICLE.
1»72.]
7,
steamer
the BtcanuT turned u« around head to the wind I hailed the
In a ulnklng
to Ukc a» ofl; a« I supposMl we were » nkina or
near as
condition; she kept on her course and we lost »lj,'ht of her; when as
heard a whistle until the steamer
1 can iudirc, she was (ifty yards from uk I
and near
was out of sight; soon after another steamer passed to windward
going at the
us- we hailed her, tut received no reply I jndi-c that we were
gi.ne,
was
rate of six knots nn hour at the time of the lolllslon; the cutwater
two
and Its fasteninKS bent on the port side ; the stem was cnished within
upper hohfeet of the water and twisted on the port side, carrylns away the
steamer.
to
the
done
was
daniajjc
what
say
jtay platea I cannot
also
did not alter his course before striking the
Davis, the watchman of that steamer, affirms'that
declares that he
;
;
and asked thcui
" Metis."
His evi.lence is in this point of view
was not the fact.
He f>ay» most positivoiy that
importance.
utmost
of the
" when the schooner struck us she had altered her count,
this
;
shutting in the red light and showing only a green ; when
His eviiience was supported by that of the mate and the she hit ua, and up to within a minute and a half before that,
helmsman, who add the information that it was about 4 we thought of going past her on the port hand, and when
o'clock or just before daybreak when the steamer was dis- she hit us her sails were shaking, and she had come up in
;
covered a quarter of a mile
ten knots, and
off,
going at the rate of nine or
bow
steering south-soutli-east, crossing the
the schooner, which
was then
two or three minutes
steering west
steamer was
after the
by south,
first
the wind."
We
of
shall
not' probably recur
to
this subject until
the
and the report completed.
that that evidence and
urge
ia
to
purpose
present
Our
and exhal^tive. The
impartial
full,
be
shall
rej)ort
that
in
evidence on both sides
seen the
disaster occurred.
is all
in
Such is the account given of the circumstances under public expect to be informed by the experienced officials who
which the collision took place, by the officers of the schooner constitute the Bo trd, what new preventive legislation, if
We do not wish to any, is needful to protect the traveling public on the one
to whom in part the accident was due.
But as the testimony
prejudge the case against them.
their behalf
And
fay.
all in,
is
first
of
all, it
so far as appears, there
seamanship
till
must be admitted, we suppose,
is
side,
presuming on the right of way given them by law,
and whether any changes can safely be made in the rules
The prescribing tJie relative duties of steamers and sailing ves-
that
craft
no offence proved against their
just before the
night was dark and rainy;
and the owners of steamboats on the other, from
dangers arising out of collisions caused by obstinate small
or.
precisely what they have to
we know
moment
of concussion.
was
the morning
just about to
sels, e8|iecially
as to night travel.
dawn the lights ot the schooner were in place as required
This subject can a's) ba very properly discussed at the
by law she carried no more sail than was proper she was National Steamboat Convention, which meets at Cleveland,
making rapid progress before a brisk wind and Iier captain on the 24th inst. The course of legislation has of Ute been
and mate acknowledge themselves to have been both on complained of as oppressive by steamboat owners. The
;
;
;
;
was struck on the hull of complaint is that under it many men of high character and
200 help- large means have been driven out of the business of steamsleeping children and shrieking women^ boating.
less human beings
Thpy say that accidents have been increased
and entombing many of them in the seething gulf of death. rather than diminished by c«-rt^ln new restrictions, some of
The captait; and mate being both on deck, and both being which appear to be made for private interest more thtn for
deck at the
moment
the fatal blow
the "M^tis," threatening with sudden destruction
—
disengaged, as there
it
was a
third
man
three minutes before the collision.
how
at the wheel,
happen that nothing was seen of ihe "Metis"
On
did
two or
till
that ill-fated vessel
the lights of the schooner had been sighted five or ten min-
bow watchman,
the
on Thursday.
pilot
had been reported to the
utes before, and
"Metis" by
If the
as he stated in
liis
of the
Such complaints are very
boat people, and they well deserve
rife
official
mand and power
to govern, as well as practical skill, fertility
why
of resources and theoretical knowledge
This evidence of beyond what ia oflen supposed.
?
among steam-
examination.
Another question arises as to the men licensed as oilots
and captains, and the securing of the right sort of persons for
these responsible offices which require energy, self com-
evidence
" Metis " could see the schooner,
did not the schooner see the " Metis "
public good.
want of a vigilant look-out on board the fatal schooner
must be met by some equally convincing evidence if her
the
these general topics, of course, the
To
to be
themselves from blame.
added
full
to
an extent far
public will expect
information as to three specific points in-
Sound, the Hudson, and other waters
adjacent to the bay of New York, no remark is oftener sug
first, the practical efficiency
in the " Metis" disaster
and extent of the equipment of the steamer for the safety of
Seondly, the management of the two
its 200 passengers.
gested to a thoughtful steamboat traveler than the perverse
vessels at the time of the collision and afterwards.
officers are to free
In navigating
obstinacy of
some of
and other small
volve J
the
the captains of the sloops, schooners
who persist in getting
when they could just as
craft
the passing steamers
in the
way
the means adopted by the captain and
of
and
readily keep
out of danger without the least inconvenience
of
officers
the schooner with a view to prevent
Tnirdly,
of the steamer
the sacrifice of
life.
delay.
or
;
When
the report
is finished,
the Secretary of the Treasury
law gives sailing vessels the right of way should, without delay, cause it to be fully given to the pubagainst vessels propelled by steam, but this needful privil- lic.
Till then, any comraents^ihave the inconvenience of
do being made on incomplete and imperfectly reported eviege should never be abused, and especially at night.
not say that thi= sort of obstinacy or recklessness had »ny dence, and the judgment of the |)ublic must of necessity be
part in producing the mischief inflicted on the " Metis." held in suspense.
With
justice the
We
We
only suggest
make proper
collisions in the
fervent
a
" Bristol,"
vessels;
it
as a point on which
inquiries.
Much
the
Board should
been said on
has
newspapers, the public mind
FINANCIAL REVIEW OF THE MO.NTII OF AUGUST.
these
is excited to
so
Tlie
point by the succession of acoidents to the
the " Bienville," the " America," a d other
and the memory of the
''
Westfield" disaster
from the Board
money market during August was
quite irregular, with
considerable fluctuation In the rates for call loans at different
times during the month. The principal disturbing elements
were found in the operations of the gold " clique" here, and in the
is
wheat
" corner" at
Chicago, as both of these speculative transac-
had an important effect for a time, in drawing upon the
Inspectors a thorouiih investigation of all the facts in thift resources of our New York banks. But later in the month the
its managers,
case, that every official person compromised by the disas er gold speculation for higher prices was closed out by
broken, the demand for currency at
having
corner
wheat
and
the
whether on board the scV.ojner or ihe steamboit, may bo
the West was checked, so that our money market was relieved,
justly dealt with, may be acquitted if innocent, and if
and closed at easy rates, borrowers being accommodated with call
guilty may be hold to strict account and sulijected to
loans at 3, 4 and 5 per cent. There was a very decided hardening
condign punishment,
m the market for commercial paper, and the very best class of
But there is another point. The captain of the schooner short date notes, which sold at 6i@7 per cent at the Ist of Aagost,
still
recent.
Hencp, the people expect
of
tions
'
I
—
THE CHRONICLE.
312
could not be negoiiated at the close better than 8 to 9 per cent.
these high rates on commercial paper, and similar firmness
From
on
time loans,
all
it
appeared that there was a general anticipamoney during the autumn would be
tion that the course of
towards decidedly firmer
rates.
Government securities were strong at the opening in sympathy
with the speculative movement in gold, but after the break in
gold they declined materially, and closed tully two per cent, lower
on some of the leading issues. The market was exceedingly dull,
and the decline in prices was greatly assisted by the lack of animation in business.
PltlCES
OF OOVBRNUKNT SECmtlTIIS IN AUGUST,
1672.
nm ma
H6x
IWa
....
116X
118>i 116?i
....
118X
7
..
112Ji
.
llSJi
in%
12
u
H
l\i%
115X
115%
15
18
17
115K 115K
....
11B>4 115),-
Ubji
118
112%
lli%
19
ai
n
m
115X
w.
nm
..
117)4'
115X
...117
....
....
....
116%
ni%
109X 112K
....
ma
....
im%
....
liax
113
1137i
....
113)i
....
113>i
115X 109>i
116% 115% ....
....
115X 116
113K ....
115K ....109%
114% 115X- 115Ji
1135ii
114% 115),' ... 10!)% 112% ....
....108%
...118
114>i 115H'
nSX
90
....113
ll«?i llSJf 1153i 115!f
116^ .... 115;^ li5Jii
IIB
115>i
114%
115)^
114)i 114
....
114)i
114%
114H
llJJi
I12)i ILS
n4>^
113%
113% 11.3X
tU^
(September
July.
.
—
do Central
do doLdlmp.Co
103%
do do scrip
25
N.J. Southern
N. Y.Cen. AH. H Stock 97%
scrip
97%
do
do
&N. Haven.. 144
New Haven & Hartford. 164
O-.iO
& Mississippi
do
do
pref.
Panama
W. &
Chi.guar
98%
98%
145
145
164
45%
74%
75
123%
45%
98
96%
94
94
100
74
94
100
71)i
Pacific
Wab. AWe-teru..
38%
76%
37%
75%
AmericanCoal
Maryland Coal
44%
44%
43%
70
42
70
42
70
42
PacillcMail
73%
Canton
Mariposa
Mariposa pref
QuicksUver
pref
do
West. Union Telegraph.
98
Y.Newf. AL.
Adams
N.
Tel..
American M. Union
UnitcdStates
Wells, Far 'O A Co
Del. A Hnd. Canal
Manhattan Gas
Boston Water Power
78%
100
1%
97%
2%
2
41%
4i%
53
5.3%
76%
82%
91%
75%
82%
74
93
75
87%
88%
88
89
122
121%
146
,
77
103
146
146
34
99)tf
42
75%
134
97
44?^
75%
74%
121
133%
9S
94
95
96%
94%
94
95
..•
71%
37%
76
1C3
24
95)J
45';
96%
94
100
95
94%
95
....
37%
70%
3:)%
73
24
2*
36
74%24
43%
72%
43%
41%
43
80
72
80'
18
18
18
18
76%
94%
72%
91
"UK
93%
87%
76
76
24
44
70
42
73%
76%
7B%
97
97
91
1%
1%
146
99%
122
ToL.P.OTiaAW
Miscellaneous
Consolidated Coal
Cumberland Coal A Iron.
77
103!^
21
74%
74)i
37%
74%
76
lOSif
24
98
45)i
123
113
.^ngust.
.
98%
97%
164
1872.
7,
Open. High. Low. Clos.
126% 126% 126% 126%
108
108
10(i% ;06%
105
25
144
46%
Louis A Iron Moun.. 100
L.,K. City AN. Prcf. 74
Tol.,
10ii%
97%
97%
164
96%
126%
10:)%
25
26
46%
74%
Clos.
do special
do
Rome AWatertown....
St.
St.
105
113
Pitts., F.
,
Open. High. Low.
126% 126% 126%
107% 108% 107
Railroad Stocks
New Jersey
Union
59 '81 fund. 68'81 68'81 5-20s 5-208 5-20s 5-208 5-208 5-208 10-40s 10-408 6e
coup. reg. coup. 1802. loM. 1H65. 18«5n. 18S7. 1888. reg. coup. cur.
Aug.
iiBji
... iiBK
1
2
iib>i 115K lie
n-^y,
S
llSJi .... liaji 113%
118)i 1165i 116X
5
116« 118jr llS>i
115% 115>j
...113
116
6
113K
115X lloJi
8
9
10
:
1%
2%
2
41%
51%
74%
82%
97%
73%
51%
8:)
98
74
97%
84%
83%
83%
97%
74%
83%
88%
W
89
118
2
43%
Mi^
76%
75
83
75
82%
Si
88
117
2%
2
42 J^
51
42^i
118%
210
120
210
62%
2%.
40%
42%
60
6.3)^
69%
82%
72%
82%
96%
«.'>%
70
72)i
81%
92<li
87
119
210
87
118%
210
62%
62%
52%
Gold oj)ened strong, under the manipulations of the clique^
113)(;
....
....
....112
which was operating to advance the premium, and touched the
114
114
112%
116)i
Sfl
114%
tUk lien
113%
highest point, llu|, from the 5th to the ISih of the month. Sub1125J
30
114% 113)f 113%
112>i ....
sequently the party was reported to have broken up and abandoned'
31
114% ....
...113%
112X
Open'g 112% 116!< 118)i ll«)i 116)f 116% 115% 116% 115% 100>^ 113% lUk the idea of forcing up the premium, and the price fell off, tluctuatingHigii'st iu% nan nsa 116% iii^i 116% ii5>i ii6)i ii5% loaji iia% iiiji
moderately, though frequently, until the close. Aside from the
Lowest 1121^ 114
14 114)i IW),' 113% 1)3)^ 10S?i lll>i 112)^
llBJi
Closinc 112>i U4)i 116>i 114% 111
114% 113>i 113% 113% 108% 112% 112>i speculative manipulations broughtjto bear upon this market, there
seems to be little reason to expect any important decline in gold
CLOSING PBIOES OP CONSOLS AND V. 8. SBCURITIBS AT LONDON IN AUGUST.
just at this season, though the general influences of trade are too
frequently overborne by the maneuvres of those who are directly
26
27
28
ma
interested in the turns of our market.
Thursday
Friday
Saturday
1|
2
Wednesday... 21 92% B2?ii 92H
91% 91% 90
Thursday.... 22| 92% 92% 92% 8,S%
»•!>!!
91% 91% 90
23! 92% 92%
92% 88
9iXi 91>4' 91% 89%, Friday
iSaturday.. ..24| 92% 92)f| 92% 88
....| Holi|day
26 9-iii\ 92% 92% 88
92%| 9i%i 9i%i mx' JMonday
92)i 91 ;f 91% 89% Tuesday ... 27 mx\ 92% 32% 88
92% 91%: 91%| 89% IWedncs lay.. 281 923f, 92% 92%' 88
29 92%1 ....I 92% 88
92
92% 92
89Si' Thursday
92 ;i 92
92
89% Friday
30
925i 88)^
92
89% Saturday
31 92%! ....I 92% 88%
92Ji 9!
Monday
5'
... 6i
.
Wudnesday...
71
Thursday
8!
Friday
Saturday
9]
10
12
13
Monday
Tm-Hlay
,
I
i
1
I
Wc;dn''8day..l4
93X
92x;
92)il!
92
92
I
92%;
Opening
903f!
92%; 92Ji xSsif
92)^1 92)^ 88%;
92%; ti^. 92%: 88
10 92%' 92%! 92%' 88
...16i
.
Saturday..
..17,
Monday
92 "i
I
19
Tuesda y
I
Highest
92% 91% 91%' 90
93% 923i| 92?.' 90%
«2% 91% 91% 88
92>i ....I 9iy.\ 88%
93 !i 93
94% 92%
91% 89^! 91
88
I
Lowest
i
Closing
High't.
I
Lowest
)
Since
Jan. 1.
I
I
The principal feature of the stock market was the considerable
break which took place about the 13tli of the month, when the
whole list of prominent stocks sold down 3@3 per cent., or more,
from their previous prices. Subsequently tbere was a general
recovery, and on some stocks the decline was fully regained.
Erie was very prominent on speculative sales and fiuctuated
widely with the move iients of the London market. In the latter
part of A ugust there was a more sanguine feeling in regard to
future prices, and an opinion amonir
many
operators that higher
would be probable, provided the money market should
remain reasonably easy.
The following
table will
show the opening,
highest, lowest and
and miscellaneous stocks during the
July and August, 1873
closing prices of railway
mouths
of
:
-July.
,
Ilailroad
Stocks—
& Terre Haute pref
& bur<quehanna.
A^MUm, Hartford Erie
Chicago & Alton
do
do prcf....
Chicago, Burl. & Qui ncy
Jk
A
J:iUy
Open. High. Low.
<fc
it,
Northwest'n
do pref.
AEock
& Pittsburg guar.
do
Col., Cin. &Iiid..
Del., Lack, .t West. rn..
Dubuque
cfc
Sioux City
.
.
Erie
116
120
131%
73
90%
&
Chicago
& Mich.South
do scrip.
A Cln., 2d, pref
Michigan Ceutral
Milwaukee & St. Paul
do
do pref.
Missouri, Kan. & Texas.
Morris & Essex
Marietta
.
.
116
120
,
93
7%
7%
45
93
1
!
I
1
Foreign exchange was depressed by various influences throughout the month. In the first place there were numerous borrowed'
bills pressed on the market by parties to whom the banks had
loaned them, and who desired to obtain gold or currency to use for
sixty days second to this cause, the high rates paid at times o»
;
loans of gold, and the great uncertainty attending the future
Cdurse of the premium from day to day, had a depressing efiiect, by
keeping back purchasers'who would otherwise have come lnto>
the market.
STEBLINO EXCHANGE POR AUGUST, 1879.
110%
112%
10!1%
!10%
31i%
112)i
3li%
11-.;%
37%
31.%
33%
35%
"
91%
91%
91%
90%
92%
91%
90
90
"
"
104!<
lOi
70
"
IO-^jX
101%
101%
103%
60%
56%
60%
19%
611%
Wl%
50%
49%
80
121
50%
73
111%
«
41%
38
61
57%
138
97%
9i%
133
92%
92%
74
121
K
3"%
57%
133
92%
92%
....
116%
57%
79%
43
116
53
78
41%
92%
11"%
56 »;
79%
42%
93
132%
Ky,
127%
127%
72%
74 J^
Aug.
"
1123i
75%
91%
113
120
91
«
:o
73
117
39
57
133
95
90
89
103
70
52H
74%
41%
68%
43%
118
39)^
114%
116%
37
56
72
l:«
1:J3
95
95
38>i
57
133
95
12
13
57%
»2%
92%
12
18
116%
56«
79%
117%
42
93
90%
56^
80%
42%
93
n6ir 116%
5.3%
55%
74% 7(i%
41
41%
91%
92
|113
—
60 days.
113
118
113
I
6%
118
120
113% 112%,112% lli%,
113% 113%
115% 115% 115% 'Thursday
29;113?i 112% 118),' 113
.<(0,!12%lll2% 112% 112%
Wednesday... 7| 115H U5}i\ ll.i% 116% iFriday
Thursday
8! ll.'i% 115),- r,5)i li.5%1 Saturday
31112% 112% 112% 112%
Friday
9 115% 115%; 115«,115%
Saturday
10 115%i 115)1,1 11.5% 115!i Aug., 1872.... lll.5% 112)i'll5)i 112%
Monday ... 12 U5Ji ll^.^i 115)i 115%'
1871
112% lll'i 113 112%
Tuesday
13 115% 114%! 115)^ 114%|
1870
120% 114% 122 l]17
Wednesday.. 14 IWi 114)i' 114% 114%
1869
l.;6% 131%;l.36%|133%
14.-.% 143%ll50
Thursday .. .15 114« 114% !15)i 1'.5
1868
144ii
161 115),' 115
Friday
115% 115%!
1867
1.39% 139%'l42% 141%
149
146% 1.52% 147%
Saturday ....17] 115% 116
115% 115%|
1866
Monday
.19 115
144%;140%!14.'i% 144%
114% 115
1865
114%!
2.',5
.231%l2HI%i2:)8
Tuesday
20 114% 113% n4%'ll4%|
1864
Wednesday .,21 114% 11.3% 114%, 114
1863
129%'122%|129%|127%
22 114
115)i-i!12% llf% II.'.X,
Thursday
1862.
11.3% 114% 113%!
Friday
23; 113% 113% 113%,113%| IS'ce Jan. 1, 1872|109%|108%|115%|112%
91«
118
118
l.?2%
105%
78%
41%
Cloii.
6 '.15%
90 >i
91
115
5:]%
93
Tuesday
Friday
Saturday
91%
131%
92
96%
93%
93
s
Monday
1 115% 115% 11.5%'115% Saturday.... .24 113% 112)i;
2 115%! ll.j% 115% 115% [Monday
26 112% 112%
3 115% 115%! 115% 115% Tuc day. .. ,27113% 112%
Wednesday.,
5 115% llSiil 1155<;illS%;
2Slll2%;112%
Thursday
72%
123%
131%
76%
95X
93
»
118
12.3%
131)i
75><
118
95
137
Lake Sbo.
do
7%
31%
90%
.
Jolict
92%
92
35%
91%
do preferred
80
Harlem
115
Hannibal & St. Joseph.
40%
do
do prcf. 61
Illinois Central
92%
8%
tsland. Ill
Columb., Chic, k Ind. C.
Clove.
92
\ngust.
Clos. Open. High. Low.
44
45
44
,
t.
do
do
do
Date.
Date.
I
I
Thursday
15
I
I
9
92%! 9.'%[ 90
figures
1872.
j
I
31
Tuortduy.
Friday
OOUR3B OP GOLD IN AUGUST,
92)^
"
"
"
"
'•
"
"
1.... 10«%@109%
2.... 109%®10y%
3..., 109>,'fa>lC9%
5... ln9%@109%
6 ..
7....
8....
9 ...
10....
12....
13....
14....
15....
16....
109
(51109%
104
©109%
110
110
110
60 days.
...
®i;o%
@llll%
@110)i
109%@110
10»%®110
108'i@....
10>i%®
109)4®
108%@108%
1083s @10n%
109ii;@109%
10'.i%@10»%
108%@109
108%® 108%
108%®....
108%®...
108%®
Range
CIllNUES IN
The
3 days.
110%®.
Tllli
109%®
109%®
109%®
An: .17.... 108%®....
19....
20....
21....
22....
23....
24....
2«....
27....
10S%@103
28
10§%@109
...
109
109
©109%
@109)i
3 days.
109);®
109»,@10!>%
109%@109%,
10!i%@109%
109%®
108%®109
108%@109
109 ;^@
@10fl%
10!t%®109%
109)*®: 10
109
109
®109%
109%@109%
109%@109%
109K®10!l%
109%®10M%
29.... 109 @109%
30.... 108%@;09
31.... 108%®109
i09«@109%
108%@I09%
109%®110%
109)i®109%
REDEEIillNU iUENTS OF NATIONAL RANKS.
following are the changes in the Redeeming Agents of
These
Banks approved since the 29th instant.
weekly changes are furnished by, and published in accordance
with,an arrangement made with the Comptr9ller of the Currency
National
—
:
.
September
.
,
IHE CHRONICLE.
Hi
7, IBT^.]
313
SBDBKXniS ASaST.
HAin or BAMK.
Na- The Citizens' National Bank of Baltimore approved In place of the CentioualBank.
tral National Bank of Baltimore.
The Merchants' and The National Park Bank of Now York,
The
Maryland—
Uagcrstown...
Alabama
Montgomery
Citizeus'
approved.
Planters' National
Bank
The Clinton Co. Na- Tho Merchants' National Bank of CintlonalBink
cinnati, approved.
The First National Tho Union iSational Bank of Cbioago,
Ohio—
Wiliulngtou
1
...
WlsconsluOrand Rapids.
Bank
approved.
Nenr National Bauka.
a list of National Banks organized
The follovrlu^ is
week ending S apt. 5,
for the
viz.
No.
Vinton County National Bank
Oiflcial
James
of McArthur, Ohio. Authorized
«100,000: paid in capital, $75,000. Daniel Will, President;
Authorized
to commence buslncsa
Casliier.
Delay,
Wesley
August
30, 1874.
2 ' 036— Tho
capital,
2,037— The F.rst National Bank of Green Springs, Ohio. Authorized capital,
«50,000; paid In capital, »'2.'i,iW. Robert Smith, President; Lester
\V. Roys, Cashier. Authorized to commence business Aui;. 30, 1873.
2' 038 Tho Second Natitmal Bank, of Washington, District of Columbia. Authorizert capital, $21H),U00; paid in capital, 1100,000. J. C. McKelden,
Cashier. Authorized to commence business
President;
—
,
September
3, 187*.
2,039— The Citizens' National Bank, of niUsboroush, Ohio. Authorized capipaid in cjipital, |55,000. .John C. Gregg, President;
tal, $100,000;
Burch Foraker, Cashier. Authorized to commence business September 4, !87«.
J 010— Tho Manufacturers' National Bank, of Newark, New Jersey. Authorpaid in capital, $250,0<X). Theodore Kunyou,
ized capital. $250,000
President Joseph W. Plmne, Casliier. Authorized to commence buii»
ness September 5, 1873.
Jeffersonv., Madison
Ohio River.
RR.
RR.
Indlanau.
Illinois Central
Ohio
St.
&
MlBB.
Louis
ic
Madison Br. of
& 1. KK.
Southeast.
KU.
Sprlngflcldft
UR.
Louisville,
111.
Louisville
S. K.
RR
Chicago RR.
As
this
report
familiar with our
Ic
& Memphis
J.
M.
Nashville
Br.
RR.
may
fall
mode
into the
Ilnll.& Ohio UU.
OraliKe, Alex. &
asttus
Man-
RR.
Washlng'n,
via Krederlcksburg A
Acqula Creek.
Rlehnl'd
|4>
Richmond
Loulsv., Cln. & Lex.
(short line) li.R.
Marietta & Cln. RR.
B. & O. UR. councct'n.
& CrawNew Alb. &
Evansvlllo
fordsvlUe
&
RR.
Ohloft .'MlHS.RR. B'nch
Ii.
Vork Blv.
Great through route
Norfolk to Jlemphls.
Ulrect route South fr'm
Rleli'd and Norfolk.
hands of many who are not
of determining the extent of this over-
;
;
COTTON MOVEMENT AND^CROP OP 1871-71
Our statement of the cotton crop of the United States for the
year ending September 1, 1873, will bo found below. It will be
seen that the total crop this year reaches 2,974,351 bale.s, while
the exports are 1,957,314 bales, and the home consumption 1,137,540 bales, leaving a stock on hand at the close of the year of 54,531
Our tables, showing tho whole movement for the twelve
bales.
months, are as follows The first table indicates the stock at each
port, September 1 of 1873 and 1871, the receipts at the ports for
each of the last two years, and the export movement for the past
year (1871-73) in detail, and the totals for 1870-71.
:
Exports,
liecelpts year
ending
year ending Sept.
1,
1
Stock.-
1812, to
POUTS.
Sept.
1,
1872.
South Carolina
Texas
North Carolina-
Baltimore
Portland.
Sept
1,
1871.
957,538
288,012
271,241
1,-H6,490
4.T0,5:i9
7-26,406
197,!»6
19.359
52,528
276,098
105,875'
32,458'
80,129'
•
16,241
4,312'
321,804
Other
Great
•
Britain Fr'n'c tor'n.
404.673
350,5ii
568,517 140,666 179,793
506 13,949
123,522
88,693
2,235 20,460
179,142 39,308 Ti,598
102,8TJ
526 13,193
13,94-8
91,320
342,353
252,349*
15,410'
18,820"
4I,M8'
3,311'
s,acn
363,910
13,031
2,732,286
•i,'cS',i5i
1,
Itftl.
888,976
lS7,»n
W3
3,290
1,065
97
2,100
8,732
143
5,679
25,323
5,466
3,443
518
3J15
4,694
10,490
'248
661
426
38,875
8,000
8,030
23
....
aM
8',666
6,2i)9
111,338
295,798
116,597
,
373,071
18,128
2,10«
14,311
"12
Sau Francisco
Total this year
Total last year
Sep
Total.
532
27,027
7,500
3,000
460
860
143
12
1,451.5)21184,055 318,747 1,957,31
2,367,44O|l88,703 660,599 3,166,742
54,521
ioiisii
ZW • These figures are only the portion of
arrive overland from Tennessee, &c. The total
the receipts at these ports whico
receipts at New York, Baltimore,
Boston and Philadelphia for the year ending August 31, 1872, are given In a subse-,
quent part of this report.
By
tic
the above
it
will be seen that the total receipts at the Atlan-
and Oidf shipping ports
ihXa
year have been 2,732,386 bales,
If now we add the shipments
against 4,032,154 bales last year.
from Tennessee and elsewhere
direct to manufacturers,
the following as the crop statement for the two years
Sept.
1—
1871-72.
1870-71.
2,733,386
4,032,154
133,065
238,923
2,854,351
120,000
4,361,077
Total cotton crop for the year, balea.. 2,974,351
4,352,317
bales
Receipts at the shipping ports
Add shipments from Tennessee, &c., direct
to manufacturers
Total
.Manufactured South, not included in above
The
91240
result of these figures is a total of 3,974,351 bales as the
crop of the United States for the year ending
August
31, 1872.
Overland movement.
In making up the overland returns
we were much surprised to
we had estim-
find the total direct to mills considerably less than
ated
it.
returns,
Consequently we have been
and are now satisfied that the
at great pains to verify the
appear here,
are entirely correct. Our readers, we believe, will reach the same
conclusion after a thorough examination of the details which we
figures, as they
give.
To indicate more clearly this movement, we have prepared
a new diagram of the Mississippi, Ohio and Potomac Rivers, adding
also the railroads running north and east which have been buUt
during the year.
New York, 32,458 bales at Boston, 46,341 bales at Baltimore, 30,139 bales at Philadelphia, and 4,312 bales at PortAll this cotton came across the Ohio or MisBland.
issippi, being taken by the Railroads at the various points
where they touch those rivers, and by them forwarded to the
East. But in addition to the amount thus received, it is well
bales at
that many of our mills, especially those west of New
York, receive cotton from Memphis and other points below the
Ohio, which does not pass through the cities named. Hence it is
obvious that some plan must be adopted for determining the precise extent of the entire overland movement, and after deducting
from the total thus obtained the amounts received by rail from
the West at New York, Boston, etc., the balancs remaining will
show what has been sent direct to the mills without going
known
through those cities. A moment's reflection will convince any
one that this result can be easily attained, for no cotton can reach
the North by railroad from the South except by passing up or
across the Mississippi, Ohio or Potomac Rivers. We have, there,
fort, adopted the plan, which has received universal approval, of
following each of those rivers along its entire course, and countBeginning, then, at Cairo, we find
may take cotton from that point
and from Mound City, and also from the Mississippi, over its
branch at Carbondale and its new branch at Chester. A return
from that Company shows that it has this year thus carried
ing every bale as
it
leaves
it.
that the Illinois Central Railroad
North (including some small
lots
shipped at way stations in
we have Southern Illinois, probably the growth of
:
^Year ending
we repeat portions of the explanations given in
former statements. In the first place it must be remembered that
a large part of the crop which thus reaches the market appears in
our weekly t«tals and becomes a part of the receipts at the ports,
undpr the heads of New York, Boston, Baltimore, Philadelphia
and Portland, as indicated in the first table given in this report.
It will be seen, for instance, that this year there have been 319,015
bales, which have in this manner reached a market, to wit, 105,875
land movement,
that section) 22,646 bales.
Other than this no cotton leaves or passes up the Mississippi
(not including local consumption) except what is counted at
St. Louis, at which point daring the year the receipts have
Returning to the Ohio, and following
reached 36,421 bales.
up the north bank, the first railroads we meet with are the
two new roads at Shawneetown, one the Springfield and Illinois
Southeastern, and the other the St. Louis and Southeastern, which
latter road also has a connection with the Ohio at Evansville.
With regard to the first of these roads, a detailed return which
they have made to us shows that they have carried north from
Shawneetown 6,887 bales, while the other road (the St. Louis and
Southeastern) has carried no cotton, its course being westerly
(and away from the market) rather than easterly. At Evansville
we have the Evansville and Crawfordaville roads, which has
carried north from Evansville 15,007 bales. The next lines of
roads are opposite Louisville, the first of which is the LouisThis road has carried no cotton
ville, New Albany and Chicago.
the past year. Next we meet tho j efferson ville, Madison and
Indianapolis Railroad, including'the Madison Branch, a full
return from which shows that they have carried 91,157 bales.
Ohio and Mississippi Branch, the road next in order, is given
IThe
at 30,943
bales.
From
these lines of roads up to Cincinnati
there are no railroads running north from the Ohio taking cot•on.
At Cincinnati the receipts by the river direct from the
:
:::
:
:
;
:
.
: ::
; ;
:
:
..
.
.
THE CHRONICLE.
314
::
.
.
[September
7,
Georgia.
south have been 53,105 bales. The liOuisville, Cincinnati and
1S71-T2
Exported from Savannah
To foreign ports— I'plands
2^1.443
Lexington Railroad has also at this point delivered 69,023 bales,
do
do
Sea Islands
wliich have been reshipped, over the roads centering at Cin158.5.53
To eoaatwise ports— Uplands
4,(»tl
do
Sea Islands..
do
cinnati, to the north and east.
Above Cincinnati no railroad
Burnt
28
Stock close of year— Upland
E12
has taken any cotton from the Oliio River. There is, however, a
do
do
Sea Island
1870 71461.531
2,835
260,549
6,839
.
.
1,.'J.55
small amount of cotton coming up the river which is not taken
by any of these railroads, nor does it stop at Cincinnati, but goes
8,215- 734,963
Deduct
Received from Beaufort and Charleston..
Received from Florida— Uplands
do
do
Sea Islands
Stock beginning of year— Uplands
do
do
Sea Islands
465
1,8.3
1.473
l.:)00
3,9<i8
2.KII
2.4:W
2.625
direct to mills either above or below that city.
Statements have
590—
been sent us from some of these mills and we have estimated
Total product for year.
others, and also have made up the consumption of the mills
South Carolina.
along the Mississippi above Cairo, which take cotton from Ex|)orted from Charleston
To foreign ports-Uplands
108,900
the river directly at tlieir own wharves. Altogether the estimated
Sea Islands
2.488
162.066
To coastwise ports— Uplands
total reaches only 18,000 bales.
Turning now to the east of the
9,341
Sea Island
88
Exported from Georgetown to New York,
Alleghanies, it will be found that there is no cotton transported
Exported from Beaufort to Savannah
603
Stock at Charles, at close of year— Uplands.
2,969
overland none whatever crossing the Potomac all coming north"
321"
Sea Islands.
ward being reported at the Virginia ports. The Orange and Alex- Dednct
Received from Fiorida-Uplands
1,746
3,173
—Sea Islands
andria Railroad, the only through line connecting both with the
Received from Savannah and Mobile
7,168
2(.929
Stock at Charleston beginnlngyear— TTplands
South and Southwest, reports that only 30 bales has passed over
'"
514—
"
"
"
Sea Islands
their road and the less important road from Richmond to WashTotal product of year
ington, via Acquia Creek, reports no cotton carried and further,
North Carolina.
the road from Washington to Baltimore (the Washington Branch Exported
To foreign ports
To coastwise ports
53,271
of the Baltimore and Ohio Railroad) has carried no cotton. We
Burnt
24.8
thus see that the figures given above must include every bale of
Stock at end of year
991—
Deduct stock beginning of year
cotton which has come overland to the North, and hence we reach
—
—
U72.
*•
397—
8.566
170JM3
5,107
6,562
2fl
466
2,929
514-
**
358,706
1.593
4,699
494
1,161
238-
15.535
8.184
;
350,582
271,241
;
the following as the result of this
movement
for the year
:
S«,421
Albany and Chicago
"
"
.Teffersonville, Madison and Indianapolis
"
"
Ohio and Mississippi Branch
Shipped through Cincinnati by the Loui.^ville, Cincinnati and Lexington RR.
Receipts at Cincinnati by the Ohio Kivcr
Shipped to points above Cincinnati, without touching at Cincinnati and con-
none
"
sumed by
millfl
Louisville,
23,&16
none
6,887
91,157
30.943
69,lW3
53,105
&c
18,000
Total carried overland
.342,186
Bednct receipts overland at New York, Boston and Philadelphia, &c.
Deduct shipments at N. O. North by Railroad (counted at N. O.)
21P,015
1,106—220,121
Leaving the direct overland movement fnone of which appears at
York. Boston, Baltimore, Philadelphia and Portland)
New
122,065
It will be seen that we have made a deduction in the above
statement of 1,106 bales sent North over the Great Northern and
over the
New
Orleans, Mobile
was once counted
at
New
& Texas
claim that
do
not,
New
York, Boston, Baltimore, Philadelphia, etc., there is left only
122,065 bales as the amount the mills have taken overland direct,
that is without going through these cities. This balance is, as
we stated above, less than we had supposed it would prove to be
and it would have been larger had not the amount put down in
the port receipts under " other ports" (that is, Boston, Baltimore,
Philadelphia and Portland) included a much larger proportion of
the overland movement than last year. With these explanations,
we
give below the details of the crop for the two years.
New
Orleans
,
To foreign ports
To coastwise ports
Burnt and manufactured
Stock at close of year
Deduct
Received from Mobile
Received from Montgomery
«
Received from Florida
Received from Texas
Stock begiunlug of year
,
,
1.870-71
6,259—1.095,562
98,652
76,581
1.248
12.801
2,694
22,371
20,690-
25,323— 138,024
Total product for year
-
122,342
1,446,490
Alabama.
Exported from Mobile
To foreign ports
To coastwise ports
•
137,977
157,652
—
Burnt and lost
Stock at close of year
963—
296,592
281,074
13j,429
502
5,466- 423,471
Deduct
Receipts from New Orleans
Block at beginning of year
9,055
3,114
5,466—
Total>roduct for year
8,580
9,743-
404,673
288,012
ports
Stock close of year
218.883
7.359
94.867
4,694— 208,915
Total product for year.
10,490- 326,599
10,959
St.
To
To
Total product of year,,
Stock
Deduct
in
in Teune.sse
Memphis and Nashville end
513.536
114,829
16«,:lm
381,424
55.331
112.155
& Kentucky.
of year
Shipped from Memphis to New Orleans
Shipped from Memphis, &c. to Charleston
and Norfolk
Shipped from Meinpliis to Nashville
Shipped from Nashville to Chattanooga
Shipped direct to manufacturers
Stock in Memphis and Nashville beginning
1,885—
61.637
124,410
169.381
3.802
5.603
228,923
24.166
122,065
,"81,783
6,471— 463,817
219.015
122.061
331,578
22^,923
Total shipments to New York, Boston,
Philadelphia and Portland
•
shipments to manufacturers as above
Total product for year from Tennessee'*
New
311,080
New
Orleans, Norfolk, and Charleston which are
Orleans, Virginia and South Carolina crop.
Except the shipments to
Inclutled in the
13,936
19,9
19,882
23
19,899
2,726- 797,395
550,798
58,416
2,726-
of year
Total product detailed above by States, for the year end2,854,3.51
ing September 1, 1872
120,000
Consumed in the South, not included
Total crop in the United States for the year ending
September 1, 1872
3,974,351
Below we give the
Years.
Bales.
1871-72
1870-71
2,974,331
4,552,317
1869-711
8,1M,916
1868-69
1867-68
1866-67
1865-66
1861-65
1860-61
1859-60
2,439,039
2,59:1,993
2,019,774
2,193.987
no record
3,656,086
4,669,770
3,831,481
3,113,96;
2,939,519
3,527,845
2,847,339
18,58-69
18.57-58
18.56-57
18.55-56
total crop
each year since 1824.
Years.
l&'i.'!-54...
.
1852-53...
1831-52...,
1850-51...
1849-50.
.
.
.
.
.
18.18-49...
.
1847-48.
1846-47...
lfM5-16.
1844-45..
.
.
.
.
.
l!U:l-44...
,
1812-43...
1841-42...
1810-41....
1839-40...,
.
,
,
Bales,
Years.
Bales.
2,930,027
3,262,882
3,015,029
2.355,257
2,096,7(6
2,728,596
2,347,634
1,778,651
2,100,537
2,394,518
2,030.409
2,378,8-1
1,683,S74
1,631,945
2,177,835
18SS-:B
l.SdO..'^
1,801.497
I.4?2.930
1837-.'i8
1836-S7
18 5-36
1,3I»I,752
1834-.35
1.254.;i28
183S-.'i4
1.21ir,,:i24
1832-33
1831-32
1830-31....
l,o:is„«i«
1,070.433
987. «-7
1829-30. . .
1828-29....
1827-28....
976,845
870,413
727.593
937,281
1826-'i7....
182.5-26..
7211.(127
1824-25
569,219
of Sea Island the past year has been as follows
Florida, 5,624 bales; Georgia, 1,.567 bales; Soutli Carolina, 8,755
total, 10,845 bales, the particulars of
bales; Texas, 899 bales
—
out below
FLORIDA-Rcceipts at Savannah
which are
set
bales.
2,401
3,178
45
Total Sea Island crop of Florida
GEORGIA—Receipts at Savannah
Deduct received from Florida
Deduct received from Charleston
Deduct received from Beaufort
5,624
4,920
2,401
*19
603—
Total Sea Island crop of Georgia
SOUTH CAROLINA— Receipts at Charleston
Receipts at Savannah from Beaufort.
Deduct receiveil from Florida
Deduct received from Savannah
3,353
1,567
ll,6.3ii
608—
. .
12,239
S.U^
—
306
Total Sea Island crop of South Carolina
TEXAS— Receipts at Galveston
3,484
8,755
899
1856-57
1857-58
1858-69
16,845
of Sea Island during former years has been as follows
balcs.44,512
43,314
40,566
47,592
1859-60
1860-66
1S66-67
1867-68
Our spinners have had another
Marks, &c.
foreign ports
coastwise ports
at close of year
peduct stock at beginning of year
Stock
Sec,
bales.46,619
No
record.
32,22S
21,275
1869-70
1870-71
1871-72
bales.18,682
26,607
21,609
16,818
Consumption.
197,956
Florida.
Exported from Fernandlna,
From Memphis
From ^a.shvllle
From other places
The crop
469
10,490—
312,353
276,098
Tennessee,
18.55-56
Deduct
Received from New Orleans
3tock at beginning of year
Total product of year
Total Sea Island crop of the United States, 1871-72
115,885
7(S
87,62*
To Mexico
To coastwise
342.94 4
591
18,798
Texas.
Exported from Galveston
Tof
> foreign ports, except Mexico
3:9591—
276,477
379
Receipts at Charleston
Receipts at New York
957,538
;
,
1,302,535
288.824
2,150
25,:!28-l,668,832
l.S.'iO
Kfl—
3i9—
Shipments
The crop
1871-72
888,976
198,477
5.417
337,148
3.807
272,138
Stock end of year at Norfolk, &c
Deduct stock beginning of year
1851^5
liOntslana.
Exported from
To foreign ports
To coastwise ports
however, really Add
were shipped to
it all crossed the Oliio
280 bales of it
York, 57 to Philadelphia, 39 to Boston, 203 to Maine and 526
Some of it probably went to a Southern
to other coastwise ports.
outport, possibly Norfolk. But as it has been once counted it
should be deducted somewhere, and this is the most convenient
way to do it. The foregoing statement shows that the total overland movement has been this year 342,186 bales, and after deducting the item above referred to and the arrivals by rail at New
;
91,445
123
Exported
Railroads, as that cotton
We
Orleans.
av-
15,0(>7
New
adjacent to the river,
991—
53,519
991
Virginia.
Receipts for the year at St. Louis
Carried North over IlHiiois Central Railroad from Cairo, &c
"
St. Louis and boutheastern from Shawnee Town and
Evansville
"
"
Springfield, & Illinois Southeastern from Shawnee Town
"
"
Evansville and Crawfordsvllle from Evansville
"
TO
93,084
2311-
13,959
11
13,948
active year.
They opened the
season well stocked (about 80,000 bales in excess of the previous
year), according to the returns of the Manufacturers' Association,
and they close it (according to the opinion of those best informed
in the New York market) very bare of stock, though the best
:
September
:
X
:
:
.
THE CHROiNlCLE.
7, 18; 2.J
315
authorities at Boston claim that spinners are at present well supplied, holding within 20,000 bales of
the stock of last year.
In
our statement below we have taken an average of these adverse
opinions, and give the stock of the mills at a decrease of 40,000
bales from 1871, when it was, as wo have stated, 80,000 above the
average. Consumption in the North during the latter part of 1871
was very large, to the full capacity of every spindle, and some
over hours. For months the average of yarn was about the same
as in 1871 and 1870. Later, as cotton advanced, profits were best
on light goods, and the average was liglitened where the mills
were fitted for the change. Full work was, however, generally
continued through the year, but in a few mills time was shortened
to five days or four days, the last two months of the cotton year.
As a result of the twelve months the average of yarn has been
somewhat lighter than in 1870-71, but more was produced and
with the extra hours early in the season, the full work of all
until near the close, and the increase of spindles, consumption has
increased as will be seen below. There has also been a considerable addition to the consumption in the South. We have no
exact returns on this point, thnu;zh after a correspondence with
who
on hand (September
Ghent
Gottenburg
holm
80,000
Narva
Mexico
BrUlshN. A.
Total takings from crop
to mill stock during year
Keduction of mill stock during year
99a,so(;
5ii,U00
show an
of about 118,000 bales.
1,019,446
cts.
" 15
2lk
22
29
19J<
•'
20X
\9ii
3
18X
" 10 ....18K
" 17
1-5J
'•
24
19
19
Dec. 1
1»K
9X
"
"
i
15
19)5
3D>J
22
29
"
"
Florida
North Carolina
Virginia
New York
Boston
Philadelphia
Baltimore
Portland, Maine
Ban Francisco...,
153,4:it
80.896
114.101
76,008
3,009
19K
105,813
259,604
«8,599
619.534
IM
56,809
200,833
(7.109
167,'i37
ae.'i.esi
83,376
152,559
163,
5.S4
65S3
8.283
374,634
1,441
1.440
1,491
7975
16.:!09
103
sz
2,1«7
19,212
1,907
827,8:«
1,302,535
287,074
175,650
464,369
221,212
888,976
137,977
111.388
295.793
116,597
70
5,417
667,958
3,005
1,880
37,567
99
32,162
475
1
....
1,657,015
1,448,020
2,178,917
8,166,741
18
23
" SO
9X
9X May
"
15H
•*
15)4
"
8H
8X
'9
22M
21
ll)%
••
15
15X
ISX
15X
13....
' 20
" 28
22X IIX
IIW
23K nx
22X IIM
Feb.
•'
28
July 5
7V
7X
7X
7X
15)i
IbH
26X
26X
26ii
...25>i
Y'ork. pool.
1871.
d.
Mar. 3
11
na
••
Aug. 2
'•
U
21X
2IX
21X
9
" 16
" 23
22
" 30... .21K
cts.
d.
14X
7H
Iii
7X
7X
7X
7X
7X
10
I4K
17... .15X
••
1.-.X
15X
.15X
14X
14X
7)4
7X
-•
28
15S
5
15X
" 12 ....15X
•'
19
15X
" 3«
1
May
11
lOX
IIX
IIX
IIX Juno2
"
H
17X
8X
8X
SX
8V
9X
9
19X
•'
16.....30X
" 23.....20K
• 30... JiOX
ll)i
IIX
11«
IIX
July 7
" 14
" 21
" 28
11
24X lOX
12
" 19.....22X
" 26
22
8
15«
10
'•
7K
7X
7X
i... .15X
" 17
" 24
ax
14
21
" 28
1871.
Jan. 6
,.
.23H
8
10
23X
17 ...2 ii
2S2
24
" 31
9
26X
8X June7.....2 K
8i»
.15
'•
.
" 26
|X
••
15X
15«
22X
22X
lOX
9X
" 24
11
9^
" 8!
29. ...23X Hoi.
SH
7...
Apr.
Apr.
5.,
11
8x ••
-23H
w^ "'• 14
12..
SSH 11
8X
21
8X " 19
•
9K
9X
Dec. 2
" 9
" 16...
cts.
" 15....JHX
" 22
22H
9
9ii
9K
d. 1872.
9
Mar. 1
9X " 8
1«
UH
I.lverpooI.
New Llver-
New LiverYork, pool.
I6jJ
" 18
lOH
lOH
^0%
New 1 ork and
••
" 86
1;,X
9X
9X Aug.
••
"
4
11...
18
"
25
10
9X
9«
2IX
9
21
21
2
18X
»X
KK
HX
8X
19
9
K
19X
.19
10
187!.
the otScial statement of tbe public debt,
is
last
and Treasurer's returns
at the close
day of August, 1872
War
Mar
63, Oregon
6s of 1881, July :7
6s, S-JOV, on862
5s,
A ug. 5. *61
1881
.Feb. 2.% '6>. ..1882
.Mar. 3, "63
1881
Interest
....
r 125.348
ro)»45,U)0
450
&fmA50
S3,'11.850 3»^,lfi7,6i0
.W,tr?,850
2',57M50
..1901
I38.687.60O
55.879,7,.«
..18»1
--,2,293.0(«
18<4A< 84,2««A0 S7J!«8.100
..1835
S7 4983J0 12».<2<,«50
..:885
60,585 150 156.930,750
..I8rt I 92.3\6.15l 227.;4S.1(0
'i5.661.6Ud
11.435.500
..1888
..1881 1.126 813,250 73,688,-:50
.
Msr.
'.(i-lOs
of 1864
.Mar.
68, 5- .'OS or ISM
6s, .i.20», 1*3
.Mar.
68.5-208,
2, '61. ,..1861
and
6s of 1881
Jane
•e,520s, 186S new.. .Mar.
»s,Mi8,
.Mar,
18(7
6», 5.2I«. I86S
3, 61
3. '61..
30, '64.
8. '65.
S, '65.
3, '6i.
3, '65.
.
Mar.
Ss.Funded Loan, 1391. July 14, TO.
Acem'd
.
I
I
4 SU
(a)9.4'0
294,3 1 (1)1.898,212
.=2:,4a (6)5.425.590
104,108
(a)>S»,IOO
151,416 (c)4S»l,lia
895
(»)<5.9M
159,695(6) 1.431 ,at
840,253 6)S.150,;a9
l,(W9..'^-.!3«i)2,l75,ln»
l,43Cj0i9ia 3 200.998
l'il.«92(a)
390,971
513.590 dj
833 333
Aggregate ofdebtbearlnglnter't in coin. 737105.600 1,010,511.200 4,?0«.«59 24A21.'«I8
(rt) liiterfBt pnyable Jan.& Ju'y.
(6) vlav & Nov. (c) M-irch J6 ^ept., except
coupons $.50 & $100 paid annually in arch, (rf) Keb., vlay, nug. * ''ov. (#) Kerf.
t3,'«); coupon l.SOC. (A) «i-g. 1,000, $5,000, IIO.OOO; coupi'i $1,000. (o) $.in, $100
(A)
Keg.
$50, $1U0, $500, $1,000, $5,000
&
Debt Bearing: Interest In
8
$10,000;
coupons,
I<airftal
$50, $10u, $5<XI
&
Bloner.
percent Certirs
Acts Msrch 2, '67 and Jul' 25. '68..Paya- Principal.
blc on demand, with interest (ls>ned m $.!,"< 0&$10.0(«).... {7,98S,Uia
8'8,Navvnenslon.. ict iuly2d,'68 .Int. onlyanpl'd topens'ns.
4s, Certit's of Indebtedness. .Act July 8, '70.. Due In 1975
Aggregate of debt bearing Interest In lawtnlmoner
14,000,000
678,000
$32,663,000
Interest.
$43,498
lOiVO
13,re0
$121JX
Debt on Wlilch Interest Has Ceased Since IHatnritr.
Bonds
Mex.lndem
4 to 68,
Matur'd at vari'sdstes prior to Jan.
1, *37.
Matured at various dates lu '51 and '53...
Matured Dec.31, 1887
t's.Boods
Matured July 1,1p49
69, Bounty L Sep
Matured July 1, 1868
•'s. Bonds
5's, Texas Indem.... Matured Dec. 81. 1884
»
Matured Jan. 1. 1871
58, Bonds
Ss. 5-20S, (called). ...Matured Dec. l.';i. and Mch.7i 20, '72..
Matured at various dates from '.'i8-'44
1-10(3)68 Tr. notes
Matured at various dates in '47 and '48...
't-10'468Tr. notes
Matured nt various dates in '48 and '49...
6s. Tr'y notes
Matured at various dates in '58 and '59...
8(a6'8, "Tr'y n's
Matured March i, 1863
6's, Tr'y notes
Matured Aug. 19 and Oct. 1, 18«
7S-10'8.3years
Matured at various dates in i,^«5..
58, one year
5'8, 2 years
Matured at various dales lu \S66
Matured June 10,'6:.and May 15,*^
6's, Com. int. n's
Matured Aug. 15, 1867. and June 15 and
7 3.10's, 3 years
58.
3307
378,071
13,128
2,101
14311
143
12
6'8, Certlf.
1,967,314
Below we give a detailed statement of the year's exports from
each port, showing the direction which these shipments have taken:
When
uthorlz-
July
Total from United SUte8.1,6B8,787
19
15
Pay'ble RegI«terod Coupon, Ovprdn '. Iiterrst.
Character of Issue. Ing -c.
fSO.rTSCaiMBfi.ee*
Junel4.'58.. ..18;4 (it)t6,OI5.U0O tl3,955.l<00
!iof laie
1.678,000
2:1.714 (0)184.150
Is 01' 1881
Feb. 8, '61. ..1880 (/) 13,737,000
1,137,510
m
50
»4
—
Debt bearina; Interest In Coin.
31.1872.
9,660
413,701
1,677
19H
16«
16^
15H
16H
16Y
17«
9%
of business on the
810
13.011
469.668
'7,014
8.153
9... .19X
as appears from the books
1871-72.
977,540
i2o,aio
— Export to-—foreign ^ports for year ending August
618,940
"46
THE DEBT STATEMENT FOR SEPTEMBER.
Total Exports of Cotton to Forelffn Ports for Six Years.
bnlea.
CIS.
Sept. 2
9)<
10
20
26
Feb. 2
•'
9
" 16
" 33
In the first table given in this report will be found the foreign
exports the past year from each port to Great Britain, France and
other ports, stated separately, as well as the total to all the ports.
In the following we give the total foreign exports for six years
for comparison
1K70.
1,0115,530
'7,7i»
81,810
4,598
4,064
8,950
;
1870.
•'
1872.
Jan. S....30K
" 12
iiH
$500.
$1,000.
1869.
laM*
i.iie
l',2S4
762
16
9X
" 23
9K
' 30
9H
Oct.
:
9X
" 14
*X
" 21
fH
••
28
»X
SH Nov. 4
" 11
OH
19X
13
&
•
1868.
58 1.477
236,511
"m
4,M0
'830
2,386
•'
Nov.
Exports.
Ncw Orleans
Mobile
South Carolina
Georgia
Texas
d.
" 27... .188
If,
18«7.
13',78i
i*»
JK)
York, pool.
m
9X
Sept. 1
i9%
"
8.....20K
increase in actual consumption this year
.
BO
•a*
810
IVeeklr Prices of Cotton at
New LiverNew Liver-
however, the stocks held by Northern
spinners are smaller than indicated above (as is generally believed
in this market), their consumption has been somewhat larger.
The above statement furnishes a very gratifying indication of
the continued prosperity of our cotton-manufacturing interest
during the season which has just closed, notwithstanding the
gradual advance in prices through the year.
„
From
94,513
8,840
•
iO,tm
93J,736
"'»
PrOT...
80,750
948,806
B.UV
mSS
888,976 137.977 116,597 111,388 295,7% 873,071 14,311 19,196 1,991,314
" 2"
33,8,6
Total consumption of mills
totals
l,10(l,19«
1,041
• other ports includes ',807 bales to Liverpool from Norfolk ; 143 tales to Liverpool from Portland, Maine 2,106 bales to Liverpool from Philadelphia 12 bales
from Sau Francisco to Honolulu, and the balance from Boston.
977,540
896.860
sjao
2',4«i
st»
8',2i3
6,966
20,417
21,282
281
Total
120,(100
1870-71.
l,i<K,956
91,210
18,184
'aoo
Havana, &c
1,09:,MO
1869-70.
soe.sco
90,000
2,i«9
1,269
. .
The following
Added
These
*c
Croustadt, &c
Heval and Higa
:
lSC<>-60.
ii«
•AW
Petersburg
St.
The foregoing statement indicates that the mills North and South
have taken from this crop 1 ,09 7,540 bales. If we no w apply to these
figures, and also to our figures of the previous three years, the
statement of increase and decrease of stock believed to be held by
the mills, we shall have the following as the actual consumption
bales 91S,SOO
in.i 1
«,W3 28,7<8
400
••
mills
mills
M*
Venice
•'
Taken by Northern
Taken by Southern
n
Mil
Trieste
144,290
Leaving taken from the crop by the Northern mills
i'm
!»
1,M
M,521
1872
7M
ai,or-<
Cadiz
4,766-2.021,101
1,
1,406
4,910
iJ,r>00
Total taken by spinners in the United States year cndlns Sept.
Taken by spinners In Southern .states Included in above total
i»^
M9
1,»I0
a«,i)u
1,235
3,885
Ssn Sebastian,
l,957,.'iI4
16,534—
Tout.
er*
Stock-
Gibraltar
:
of the mills for the four years
tt
Barcelona
'•
...
Ml ,11 4 a.TS
'526
Oct. 6....JiOX
37.989
525
Stettiu
3,118,641
...
Baltl
s>n
l'448
4,e:2
2.880
S2J05
1,000
1, 1872)
'si
30,961
"
At Northern ports
At Routliern ports
At Providence, &c., Northern interior markets
'm
2i,02Ui
1871.
Burnt Noriii and South
88,«H 1M,»10
Mb:
New
rork. more porta
'iii
8.202
R5.7G5
Total supply during year ending September 1,187.;
Of this supply there has been
Exported to foreiKU ports during the year
Sent to Canada by railroad direct from the West
ioMM
'ioc
Rouen
2.974,351
104,814
;39,47ii—
vannah.
ton.
37
York, peol.
49,049—
8»
Ch»V
I'iJO
Marseilles
adopted the average of the opinions furnished us.
hope to obtain more exact statistics on this point by returns from
the mills themselves. Below will be found our statement of consuniption North and South
Now
M0,7«4U6,n7
Cork
Cowes, Falmoutb,4kc
Havre
we have
Another year we
bales.
bile.
London
are well infonned with regard to the matter,
Total crop of United Statna as above stated
Stock on hand conimeucemeut of year (Sept. 1, 1871)
At Kortnern ports
At Soulheru ports
At Frovldenoc, &c.,I?artlieru interior markets
Orl'na.
Liverpool
;
those
Galve»ton.
Kew
To-
l.'i,
1868
Matured at various dates In 1866
Matured Oct. 1.5, 1866
(caUed).Matnred moitlily irom Dec. St,
AprUl,1872
of Ind
4,5&6'8.Tem.l
3s, Certifs.
i
Agg. of debt on wWcU
lnt.3ia»
ceased tine*
mafy
Principal.
tS7,6&
1,104
1.690
3,900
ijm
174,000
10,000
2,877.000
6,000
Invereat
$«4 174
8
117
8Si
Mt
11,300
«<S
180.83T
3,670
960
308
57
3,000
3.150
70,000
17,630
1.520
4J192
108
378
(1390
4.l>»i
(61,800
112,010
WSin
30.818
5,000
78,5«0
7,843
8U
187V, to
1,795,000
15,639
$6,110,073
m«TO
:
—
;
.
THE CHRONICLU
8l«
Debt BearlnK no Interest.
AuthorlziDir acu.
July n. 1881. and Feb. fa, 11(63
Keb. 'JS and July :i, '62, and March
Amt. outstand
Character of iBsae.
notes
Demand
U. S. Icgal-tcndcr notes
Fractional Currency
Fractional currency
iiii)3(la$'Jtl.jO,luu,sao,l,l)U09,oaO).Cenir8.for gold deposited
Julyl7,I86J
March 3, iwa. and June
March
.. .
S, '68.
186,152
336,0«i.000
.
30, 1884
Asgrenateot debt bearing no Interest
(
28,961,800
Amount
at 6 p. Cent
at 5 p. cent
intorpat.
i°t«"Bl.
4H,58;,aoo
»l,Tr!,619,800 ta!),388,287
can be placed, therefore, in the efficacy of either written or verbal
agreements, like that to which the oil producers are so ready to
subscribe in fact those who would stand ready to break faith
with their coadjutors when a favorable opportunity might offer
would be the only onesjto reap any advantage from it.
Coteat iWouetarB anb Commercial €nglial) Nctoa.
RATES OF EYCHANGB AT liONDON. AND ON LONItON
AT I.ATBST DATES.
|M8,000
EXCHANGE AT LONDONAUGUST S3.
14,000,000
',985,000
money
has ceased sinob Matdbity
Total debt bearing interest In lawful
Debt ON which
I87l
11,368.052,5(1)
Total debt bearing Interest In coin
DBBT BKARINO iNTSRBST IN LAWFUL MONEY—
CcrUflcates at4 percent
Navy pension fund, at 3 per cent
CertlflcatcB at 3 per cent
Int.
7,
;
jnDiiiwi
ki,!!!",*!
I
Outstanding.
Bonds
September
t4253W,%3
Recapltnlatloii.
D»BT BXAStNO IHTIBSST IM COIK—Bouds
I
127,068
387,670
$32,663.(100
6,170,673
i)EBT bearing no INTEREST
Demand and legal tender notes
yractional currency
Certificates of gold depOBlted
|3S6,0°6.I52
40,819,301
28,964,800
Total debt bearing no interest
Unclaimed P. K. Interest
$425,870,253
8,834
$2,232,323,728 $29,851,851
Total
Total debt, principal and Interest, to date. Including Interest due not
$2,262,176,580
presented for payment
Amount in the Tbeasttby—
$73 918.81'
Coin
iu.9 4,74;
«.^urrency...M
»84,853.5'i9
2,lTI.32.!.0au
2,188,058,1)56
Total
Debt, less amount In the Treasury, Sept. 1. 1872
Debt, less amount In the Treasury, Aug. 1, 1872
KXCHANGK ON LONDON.
LATEST
DATE.
Amsterdam
Antwerp
Hamburg
. .
12
short,
®13 IX Aug.
1
23.
TIME.
short.
months. aS.62X®25.67«l
short,
25.57Ji ©26.65
months. 25.82>i ©25.90
11.20 ©11.25
6.24X
Paris
Paris
Vienna
Berlin
12. 1
26.60
3mos.
13.10>i@13.10Xi
Ang.
23.
short.
3mo8.
Frankfort ....
119M@119X
St. PeterBborg
31Ji@31%
48 ©48)^
Cadiz
Lisbon
90 days.
52>i@52>i
©27 85
Milan
\ months. 27.80
27.80 ©27.85
Genoa.
27.60
©27.85
Naples
13.
6X
a5!66
109.90
6.213^
short.
118X
32K
3mos.
.
Decrease of debt during the past month
Decrease of debt since March 1, 18T2
Decrease of debt since March 1,1869, to March
Bonds
Issued to the Pacific
1,
$10,736,635
$48,491,477
$299,649,7«2
1S?2
Railroad Companies, Interest
Payable In Lawiul money.
Interest
Interest
Character ol Issue.
oufsSllig.
SSS?
United
yet pald-
Central Pacific
Kan. Pac, late U.P.E.D.
Union Pacific Co
Cen. Br'h Un. Pacific.
Western Pacific
Sioux City and Pacific...
Total Issued
$25,885,120
6,308,000
27,236.512
1,600,000
1,970,-60
1,628,820
$2^8.851
63,030
272,365
$64,623,512
$646,235
Interest
repaid by
paid by
Int.
paid
transp'tion by United
of mails, &c. States.
States,
$6,368,376
1,S69.SS3
6,991,;52
493,808
367,679
16,000
19,705
16,283
Balance of
$16,570,575
$561,984
1,003,568
2,219,014
12,089
9,350
825
$5,806,891
965.784
4.762,707
481,718
3)8,329
338,780
$3,806,863
$12,763,712
Pacific Railroad bonds are all issued under the acts of July 1, 1862. and July
$10,000;
2,1864; they are registered bonds, in denominations of $1,(XX), $5,000
bear six per c -nt Interest In currency, payable January 1 and July 1, and mature
30 years from their date.
The
New York
Aug.
Aug.
Hio de Janeiro
Babia
Valparaiso
Jn^
July
July
....
Pernambuco
Singapore.
Hong Kong...
Shanghai.
.
60 days.
48. 5d.
4s.
M.
23.
3.
28.
13.
60 days.
90 days,
17.
Aig!
22.
Ang!
21.
25
46>i
24)i@24X
12.
Ang.
109
24X@24X
6mos.
4».
5%d.
.
Ceylon
Bombay....
Madras
Calcutta
Sydney
. .
....
Is.
W%d.
U. \a%d.
U. 10 13 led!.
10}i@13-16d
30 days. }i per cent dls,
Is.
U. nyid.
6mos.
U.'ilKd.
IFrom onr own correspondent.
London, Saturday, Aug. 24.
I
&
Another week of fine brilliant weather has enabled the farmers
a large quantity of wheat, and in the southern and more
forward counties of England scarcely any grain is now to be seen
to cart
CTTBRENT TOPICS.
latest of
in the fields.
—
A Plan
for Dimikishino the Petroleum Supply. The
the " combinations " for which the oil trade in this
becomiDg famous has been organized among the producers with a view to limiting the supply and increasing the
price of crude oil. At a meeting of petroleum producers held a
short time since at Parker's Landing, Pa., at which two hundred
representations of the producing interest are said to have been
present, one hundred and eighteen signatures were appended to
country
is
the following pledge
Whereas, The extremely low price of
oil requires of producers
that operations therefor shall cease for the present. Now we, the
undersigned, producers of oil and owners of land in the Pennsylvania oil regions, do hereby bind ourselves to each other not to
begin the drilling of any more wells for the period of six months
from the first day of September next, nor to lease any lands
owned or controlled by us, for the purpose of operation during
the same period and we also agree to use all honorable means
to prevent others from ))oring. This we agree to, and bind ourselves under a forfeiture of $2,000 for each well begun by either
of us -within the period above limited, the same to be collected
as any other debt. It is, however, understood by the undersigned
that this forfeiture is not to aoply to any wells where the erection of rigs is completed or under way, or that may be begun before the first day of September aforesaid.
;
The
to
idea of limiting the production for a given period seems
have met with very general approval, and it
is
believed that the
plan will secure the cooperation of all the principal producers.
They claim, and no doubt very many of them justly, that they
cannot make their wells pay a living profit while the price of
crude oil remains at $3 30@3 40 per barrel, hence they desire
to diminish the supply. Still, we doubt, the feasibility of the
plan which has been adopted for reaching that result. Belief
will come naturally and necessarily, and without any written
contract between producers
when
prices
have
settled,
and con-
tinued for a time, upon a basis below the cost of production
under such conditions supply must decrease. A forced reduction,
however, will most likely in the end only involve the participaImagine, for instance,
tors in the movement in disappointment.
as a result of this movement, that there should be a turn in the
market, how long would it take for all but the honest few to disregard and forget their pledge. When there are no chances for
profit, producers in any line of business are ready enough to
take such measures as will secure a better market for their productions but when prices advance and an active demand has
gprung.up, the^motto iB^"^every man for himBelf." No confidence
;
The produce, as regards wheat, is
still
indifferently
and a great absence of fine qualities is a prominent
feature. This was to be expected after so adverse a season
but,
although wheat and barley are poor crops, the result of the farmOats, beans and
ers' labors is far from an unsatisfactory one.
peas are excellent crops and will pay well. There has been a very
large yield of grass; and roots, excepting potatoes, promise well.
It is seldom, indeed, that so many stacks of one sort or another
are to be seen even at this period of the year, and this is ample
evidence of the fact that the soil has yielded well. Potatoes, unfortunately, are much diseased, and it is said that we are in danger
of losing the crop. The arrivals at market, this week, have been
sounder than those received in the previous week, and althoug'a
the potato disease is spoken of by everybody, the trade is free
spoken
of,
;
from excitement, and excessive prices are not demanded.
The meat question remains a serious one, there being no prospect of an increase in the supply of stock sufficient to reduce
prices.
The almost general prosperity and high wages of the
working classes have caused a demand for the best joints, and for
these one shilling per pound is currently paid. In consequence
of the disease on the Continent, as well as here, many restrictions
are placed upon the moving of cattle, and larger suppli es of foreign
cattle coming here are prevented by the stringent rules which
exist.
The cattle plague and the remarkably dry summers of
1868 and 1870 have seriously reduced the extent of our flocks and
herds, and as the consumption of meat has largely increased, the
high prices now current are easily accounted for. Australian
preserved meats, or American provisions are discarded in times of
money making like the present, and will remain so, probably,
until another panic overtakes us.
Our self-satisfaction at our prosperity, however, has been severely
marred this week by the announcement of a failure of more than
usual significance. The old established East India firm of Gledstanes & Co., of Austin Friars, London, has been compelled to suspend payment, through losses incurred on the importation of tea,
cotton, indigo and sugar. The members of the firm held high positions as directors of some of our leading banks and insurance com,
and the natural impulse is to believe, therefore, that if a
whose credit stood high, and whose l)ills were always readily
negotiable, surprise the community by suspending payment, there
The liabilities of
is less soundness in trade than was anticipated.
the firm are estimated at from £1,000,000 to £3,000,000 sterling.
So large an amount naturally causes anxiety, and leads to many
panies,
firm
:
:
September
sunnises, but at present no farther Btoppaffes bare beea an
nounced.
The following statement shows the imports and exports of
and flour into and from the United Kingdom since harvest,
from Aug. 26 to the close ot last week, compared with the
corresponding period in the three previous seasons :
IMPORTS.
frrain
viz.,
1871-2.
Wheat
cwt.
Barley
Oats
Poss.
87.99<),.5«)
11,88.5.7IK)
1870-1.
.i?.45B,l%
7,746,418
1809-70.
37.8(5,441
9,8ti4,5U9
!I85,074
11,388,018
5,012,451
1,738,906
17,688.999
5,846,759
10,581515
l,067,(iM
3,191.453
81,09 i.aa
Beans
Indian Corn.
Ploar
cwi.
Barley
Oata
Peas
2,205,390
1T,288
107,515
10,204
Beans
.3,060
Indian Corn
Flour
10,331
83,734
l,108,.33o
8,279,098
13,494,185
3,675,24-!
971.328
I01,v60
811,843
14,582
3,161
16,460
135.965
3,856,780
111,818
1,461 767
50,780
18,657
79,871
1,352,403
164,885
103,293
122,931
86,371
4,694
4,518
32,815
The money market has been remarkably easy, and the Bank
return published this week points to a continuance of low rates
There is a small decrease in the supply of bullion
but as a large amount of coin is now in circulation for harvest
and holiday purposes, the diminution is easily accounted for. The
of discount.
;
decrease iu the bills under discount is very considerable
and
after the failure to which allusion has been made, it is probable
;
that there will be extreme caution in every branch of trade for
some time
to
Tlie following are the quotations for money
Per cent.
Percent.
4 months' bank bills
3)i
3Ji(8>35i
6 months' bank bills
4 and 6 months' trade bills. 4 ®4X
come.
;
|
Bank rate
\
Open-market rates
30aud60dJys' bills.
3 months' bills
The rates of interest allowed by the joint stock banks and
discount houses for deposits are subjoined
Per cent.
,
Joint stock banks
2)<
:
,
Oiscount houses at call
Discount houses with 7 days' notice
Discount houses with 14 days' notice...
2X
8M
.','.,
."
.!..!...
3
The
following statement shows the present position of the Bank
of England, the Bank rate of discount, the price of Consols,
the average quotation for English Wheat, the price of Middling
Upland Cotton, and of No. 40 Mule Yarn, fair second quality,
and the weekly Clearing House return compared with the four
previous years
„.
,
,
Circulation,
:
bank post bills
Public deposits
Other deposits
1869.
£
1870.
£
2.3.753,872
1»,8;?S8.30
13,03,156
securities. 1.3,790,131
securities
15,597,078
J4,.3:«,928
1.3,801,523
Government
Other
Reserve of notes and
coin
11,818,471
20,774,101
2 p. c.
Coin and bullion
Bank rate
Consols
Price of wheat
Mid. Upland cotton
12,764,437
81,032,677
2>i p. c.
11,747,341
19,993,646
4 p. c.
93Jid.
93Xd.
91>id.
53s. Id.
54s. 7d.
lid
..
13
ls.2>id.
return. 55.369,000
1872
£
£
24,146,041 2.5,508,782
5,864.648
6,083.498
20,029,795,28.358.58(1
12,483 801
13,908,308
19,950,086 316,630.210
3.7H6,406
678. Id.
No.40 mule yarn fair 8d
Equality
1871.
£
a4,458,5a3
8 »;9,410
&
Blake
BarGoUl
Bar Gold, flue
Bar Gold, Rcflnable
South American Doubloons
United States Gold Coin
IMOd.
9d.
Is. 8d.
U. l^A.
66,400,000
60,.345,000
100
90
hot
New Jersey
,M
_
IK><a
Manchester
relates to the trade of
M
$ *>
44
.
:
Throughout the past week ocir market has been dull and Inactive, and In all
branches of the trade only au Indifferent business has been done. The recent
large failure in the India trade has had a disturbing Influence. Shipping
yarns to-day have had poor demand, although there Is no material alteration
in quotations, India mule yarn and water twist hive moved slowly, at prices
slightly in buyers' favor. In coarse counts the inquiry has been Insigniflcant.
The business done in home-trade yarns has been out small. Twist and weft
yarns keep moderately steady, but the full rates of last week were barely
obtainable, ('loth keeps slow of sale. A few sales have been eff*K:ted in
China shirtings, at low prices. 'There has been rather more doing in printing
cloths.
Fine mulls and Jacconetts have been in poor re<iuest, though there Is
no change in prices. In heavy goads the dcmaud Is unimporta 't, and tn maka
a sale sellers would have to submit to a reduction in price. The market at the
close showed no improvement. Prices somewhat weaker.
As regards the
and
coal
iron trades the following reports
have
been received
North op England Trade.— On 'Change to-day
the great failure In Lonchief subject of conversation, and althongh It Is not likely to
its indirect effects may be great, and
peculation was quieter. The decline of price In the London coal trade made
buyers cautious, while some holders of coal found it difllcult to jiart with them
at late quotations. The Iron trade is also quiet, little being recjulred for local
wants. Some of the Iron shipbuilders are laying down their last keels, so that
the prospects of the future are not very bright ; while engine builders are so
far in advance of their orders that engines are waiting for the steamers, and a
reduction in the number of hands in some of the factories is taking place. In
the chemical trade, soda is easier ; but other articles arc etlU in request, and
previous rates arc maintained. A further reduction has taken place In Esnarto
grass, which is apparently not much in reqiiest, and a great s'ock of which
has lain for a long time at Tyne dock. The shipping business is good for
sailing vesseh?, but many steamers are running at such rates that with the
high price of coals a profit will be barely made.
South Waijis Iron Trade.— The fluctuations which have taken place In
other districts have not scn-ihly affected the iron trade of South Wales where
the works are fully employed upon highly remunerative contracts. The men
are working with more steadiness, so that the make is fairly satisfactory in
quantity. America continues to be our largest customer ; but on the Continent and elsewhere Welsh iron is rapidly advancing in favor. Quotations
remain unaltered, although a ti n pei cent advance in wages will take effect
next week. Tin plates are in active request and prices remain firm: mfanwhile the workmen have commenced to agitate for a substantial advance in
their wages. Both hoasc and steam coal are still iu short supply, and consequently Increased prices are demanded for steam coal. Over 30». a ton has
^een paid in Cardifl'.
don has been the
aflect the trade of the district directly,
Ensllab Market Reports— Per Omble.
closing quotations in the markets of London and Liver pool for he past week have been reported by submarine telegraph
as shown in the following summarv:
London Money and Stock Market. American securities, with
the exception of 65's, close at a decline from the prices of a week
The dr.ily
t
—
d.
77 9
77 9
77 11
peroz.
9
3
@
@
@
@
@
8.
d.
..
..
..
per oz. standard.
per oz. standard
peroz
S.
d.
..
5
5
0?^;®
8.
@5
d.
os<
per oz., old, 5 2>fT new, 5
per oz. last price
4 llx®
...
the Stock Exchange, during the early part of the w«ek, a
firm tone prevailed but the failure of Messrs. (Jledstanes has
;
caused some dullness to prevail. The week closes, how
ever, with renewed signs of firmness.
Erie shares have been as
high as 44i but thpy have since declined considerably. The
following were the closing prices of consols and the principal
since
;
92X® 92K
9iJi® 92JJ
91)^@ 91X
92Ji© 13
923^® 92X
i 87}f® 88)J
1867i8sae,
.
unstamped
,,
.".,'.
.,.,;,,,
!.
.
,.
Thur.
925i
98ji
92K
9SX
<l85i
93J,'
Kii
92J<
933^
89Ji
44>i
34K
@ 71
® 61
a 38X
U © M"
Prl.
9.3%
925i
92X
n\
92Ji
88
88J<
88
88
9SV
87X
89%
89%
89%
89%
89>i
New58
The daily quotations
fort
9.3J<
8S¥
89%
96%
96%
96
....
Liverpool Cotton Market.
j^
United States 6s (1863) at Frank-
for
were
— See special report of
Market. — This market
cotton.
closes quiet at
Liverpool Breadstufis
general advance in prices.
«
Flour (Western)
Mon.
Sat.
i.
s.
bbl 88
Wheat(No.2R'dW'n.sp)¥cU
"
"
(RedWinter)
"
(California White) "
Corn(W.m'd),!g quarter....
Barley f Canadian).... ¥ bush
Oats(Am.&Can.)....$ bush
4
30
12
9
9
12
12
11 10
18 4
12 5
279
283
289
9
8 10
37 6
380
2
6
6
34
—
12
12
18
d.
B.
30
89
12
12
12
34
Wed.
Tnes.
8. d.
d.
s.
6
Thnr.
4
9
30
12
18
9
12
34
4
9
9
36
So
2 10
386
380
380
9
28j
84
8 10
8 10
30
12
18
IS
286
886
34
Fri.
d.
Q
4
6
d.
a.
Liverpool Provisions Market. Beef and pork have each advanced, while lard and cheese show a decline.
Frl.
Thnr.
Wed.
Tues
Mon.
Sat.
Beef (Pr. mess)
Pork (mess)
Bacon(Cum,
new ¥
tee.
d.
B.
cut)....
"
41
61
"
B. d.
8.
62
62
600
350
600
Wcwt 850
Lard (American) ...
Cheese (Amer'nflne)
d.
68
61
do ^bb!.
9
6
41
61
9
6
41
9
60
d.
d.
8.
d.
B.
68
62
500
350
500
350
Mo
61
350
38o
41
9
41
9
41
60
6
69
6
60
o
o
—
Liverpool Produce Market. Fine rosin, petroleum and spirits
turpentine have each advanced other prices unchanged.
Thnr. FrL
Wed.
Mon. Tues.
Sat.
;
8.
d.
8.
Rosin (com. N. C.)...S cwt. 12
"
16
fine
Petroleum(refined)....11gal
1
f'
(spirits)
securities this afternoon
Spcrcent. 10-40 bonds, ex 4-6
5 per cent Funded Loan, 1871, ex 4-6
89^®
Atlantic and Gt West., 8 per cent. Dcbeni's. BischofTsbeict's ctfs.. 48^®
Ditto Consolidated Bonds, 7 per cent., Bischoffshcim's certificates.
33X®
Ditto Ist Mortgage, 7 per cent bonds
69
DitU) 8d Mortgage, 7 per cent bonds
..
59
Erie Shares, ex 4-6
S8V^
Wed.
9iyi
92%
U.S.10-408
s.
no price
Consols
United States 6 per cent 5 20 bonds, 6x4-6
do
8d8erie8
do
1865t8sne
Tues.
9iy,
PeasCCanadian)...» Quarter 37
..
On
Ditto 6 per c«nt. Convertllila Bondi,
account
98X
Mon.
vi%
ny,
money
U. S. 63(5-208,)1865,old... 93!<
1867
92H
18.3X<1,
90,069,000 123,610,000
B.
',.'."
"
Frankfort
73
76
England has increased £30,000
of
Sat.
Cousols for
Is. IJid.
per oz. standard.
per oz standard, last price.
per oz. standard, last price.
per oz.
Bank
bullion in the
during the past week.
80,050,432
:
Bar Silver, Fine
Bar Silver, containing 5 grs. Gold
Fine Cake Silver
Mexican Dollars
Five Franc Pieces
do
United Canal and Hall bds
Panama Gen. Mort 7 per cent bonds, 1897
Pennsylvania Gen. Mort. 6 per ct. bds, 1910
Virginia 6 per cent, bonds
M
M
H
7,27..,477
1.3.350,411
SILVER.
do
do
do
MOT
19,760.849
l.%400,258 18,188,661
25,360.242 23.115,316
2 p. c.
3X p. c.
92Jid.
93Jid.
578. lOd. 698. lOd.
9 l-16d.
OJid.
GOLD.
American
lOB
The
86,452,964
In the rates of foreign exchange there has been no material
alteration. There is scarcely any demand for gold ^for export
but the silver arriving is nearly a'l sent to the East. The follow,
ing prices of bullion are from the circular of Messrs. Pixley,
Abell, Langley
Illinois Central Shares, tlOO jid., ex 4-8
Illinois and St. Louis Bridge, latmort
Louisiana 6 per cent. Levee Bonds
Massachusetts 5 per cent, sterling bds, 1900
ago.
1868.
.
including
Clearing House
H17
The following
1868-9.
87,770,401
8,861,317
5,871,102
7,(>87,150
3,119.546
15,860.770
4,289,318
8,S25,5U;!
Wbeat
:
THE CHRONICLE.
1872.
7,
.
;
18
17
4%
4^
1
1
d.
6
1
B.
12
17
1
d.
6
B.
d.
12
17
6
1
6
4%
1
1
B.
15
17
d.
6
15
S
J
«
s.
12
d.
«
17
?
15
« i
4S 6
6
42 6
42 6
48 6
Tallow (American)...* cwt. 42 6
42
48
42
42
42
42
Cloverseed (Am.red)
37 6
37 6
37 6
37 6
37 6
Spirits turpentine...* cwt. 37 6
London Prodwe and Oil Jfiirfc-M.— With the exception of a
decline of 6d. in sugar, these prices remain unchanged.
Fri.
Thnr.
Wed.
Tues.
Sat.
Mon.
£
8.d.
LinB'dc'ke(obl).*tn 10
Lin8ecd(Calcutta)....
8ugar(No.l2D'chBtd)
onBpot,»cwt
LtMMdoU
"
"
6
8.
d.
o
646
340
£
W
8.
d.
£
10
646
8.
d.
646
£
s.d.
10
646
£
10
B.d.
646
„
386
886
WO 85 33«„,
0086008800
0085008500
89 008000 89 00 8B008900WOO
9atON50MteMBOMBOM(t
34
8permoil.;....»ton 86
V^l.oll
£
10
64
.
,„ „
,
:
— ——
:
—
— —
:
..
[September
THE CHRONICLE.
3 lis
AND Mf^CHLLANEOUS NEWS.
<;oMHKR(;i\b
—
week, and <;10,139,006 the previous week.
exports are $4,400,670 this week, against $4,695,445 last
week, and f3,906,951 the previous week. The exports of cotton
tlie past week were 3,055 bales, afiainst 4.907 bales last week.
The fijUowinjT are the imports at New York for week ending
(for dry goods) Aug-. 39, and for the week ending (for general
merchandise) Aug. 30:
rOREION IHPORTR AT NBW YORK FOR TBB VXBK.
airainst |9,162,536 last
The
18fl9.
1870.
|«.116.405
3.405,672
13,535,787
4.101,173
«S.522,077
aj7,286.98J
$212,809,059
Dry ROOdd
General merchandUe...
Total for t.ie week.
Previou»Iy reported
Since Jan.
1
1871.
t.3.»lS,667
1872.
J4
37(1,573
4,855,409
6.713,665
18,771,076
857,375,012
$11,09-2.93S
!98,014,445
1205.648,215
$266,146,118
*307,56n.8!4
t7,6.')3,970
296.467,876
In our report of the dry goods trade will be lound the imports ot
dry goods ior one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the week ending
Sept. 3
XXFORTS
mOM SBW
YORK TOR THB WBEK.
1870.
1871.
126.602,796
$3,012,487
119,780,983
14.894,046
154,930,160
1872.
$4,406,670
147,186,885
$130,996,579
$122,793,470
$159,824,206
$151,693,655
1869.
For the week
J4
Previously reported..
Since Jan.
..
1
The following
.3'.B.783
show the exports of specie from the port
week
- ending August 31, 1872 :f
will
for tlie
~
-~
Aug. SHstr.
Nemesis,
men
Wexiciin dollars
Aug. 2
Bark Victoria Perez,
—
MuracHibo
merican gold
Mexican ounces
American silver
.A
of
Silver bars
$2,646
Aug. 30— Str. Rising
11,000
Star, Pa-
niima—
United States silver
For Savanilla
Flench silver
Aug. 31— Str. Parthia, Liver-
64,435
1
.665
11,(K10
Prucsian thalers
1,440
Douiiloons
12,819
Aug. 28— Sir. Java, Liverp'l—
Silver bars
145,459
Ang. 29— Str. Crescent City,
10,000
980
poolSilver bars
Aug. 31-
1872.
is completed, the boats will go through into Lake Superior
sav ng the long distance around Keenenaw Point, 140 miles.
At the mouth of our canal on Lake Snperior we are building
two long piers, having a width of water between of 200 feet, and
when cumpleted it will be one of the best harbors on the lake,
with 20 feet or more at end of piers, 14J feet inside, and capable
of being entered in any state of wind. Already our piers (though
uncompleted) protect our dredges, tugs and scows from the heavi-
est storms.
Our company has for some time past been laboring under the
but not long since, through an
pressure of financial dilliculties
amicalile arrangement of the bondholders, Mr. Isaac H. Knox, of
No. 90 Broadway, was appoin*,ed receiver, with power to raise
money, pay off the debts and Rnish the canal.
The money has been raised and the work is now being pressed
under a cash basis.
The company have a land grant of 400,000 acres, embracing
pine, iron and copper lands.
Mr. S. L. Smith, an active director in the Houghton & Ontonagon Railroad has been appointed receiver's agent. R. R. Oazette.
;
The Virginia Valley Railroad.— The Valley Railroad, to
which the City of Baltimore subscribed $1,000,000, conditioned
upon $1,200,000 bona fiae in the valley couniies in Virginia, with
other limitations, and another $1,000,000 which has been subscribed by the Baltimore & Ohio Railroad, is now under contract
between Harrisonburg and Staunion, while surveys have been
going on from the latter point to Salem on the Virginia and Tennessee road. This latter portion of the line is through Rockbridge
and Roanoke Counties, &c., and ti.ere has been some difficulty in
getting a central route of proper grades, the country being mounThe Lexington (Rockbridge, Va.) Gazette of last week
says
'•
Thursday the engineers completed their work on the ' central
The entire line from Staunton to Salem is finished, so far
route.'
as surveying is concerned. The cost of construction will now be
made from the field notes. In the meantime the amount demanded
for land damages will be ascertained. These two sums will be
reported to the directors at their September meeting. The exact
will then be
for construction and right of way
cost per mile
tainous.
Spanish ounces
.$23,000
Aug. 29— 8tr. VaLdalla, Paris-
Bre-
7.
long,
Imports and Exports for tub Wbrk. The imports tliia
week sUovr an increase in both dry (roods and srenernl merchandise.
The total imports amount to f 11,093,938 this week,
New York
—
79,294
:
—
—
known.
City of Brussels,
Liverpool
Silvcrbars
Str.
" The Finance Committee of Baltimore will then determine
whether by the terms of the city subscription they are authorized
Baltimore Sun.
Tothi for the week
$367,539 to advance their million."
Previously reported
56,174,631
Opening of a New Kailroad. The Schenectady & Susque
the village known as
ToUl since Jan. 1, 1872
$56,542,170 hanna Railroad, from Schenectady to
Same time In
Same time In
Quaker Street, on the Albany & Susquehanna Railroad a dis$.39,975,963
1871
J.53.814,096 1867
tance of fourteen miles has been finished, and yesterday the
4.5,226,4.52
1866
53,186,860
1870
Delaware and Hudson Canal Company sent the first train over it.
1869
24,383,445 1865
80,300,922
1868
64,379141
—Tro!/ Whig, Aug. 20.
The imports of specie at this port daring the past week have
The first mortgage, 7 per cent gold bonds of the Cincinnati,
been as follows:
Richmond and Fort Wayne Railroad Company seem to present unAug. 27— Str. City of Havana, Vera Cruz— Silver
$8,000 usual claims for the attention of investors as an exceptionally wellsecured bond, at a moderate price. The road is entirely completTotal for the week
$8,000
ed and in operation from Fort Wayne, Indiana to Hich-uond. 90
Previously reported
8,869,037
miles in the State of Indiana, and connects the Pittsburg, Fort
Total since January 1, 18T2
$2,877,037
Wayne and Chicago Railway, the Grand Rapids and Indiana RailSame tune In
Same time in
road, and the whoie system of roads under the control of the
1869
1871
$9,847,241
$7..585,801
Pennsylvania Company in Indiana and Michigan, with the Cincin1870
5,529,784
7,682.033 11868
and Southern
The following is a statement of the stocks of leading articles of naii, Hamilion and Dayton Hailroad to Cincinnati
Ohio and Indiana. The road is leased for 99 years to the Grand
domestic and foreign merchandise, at dates given
Rapids and Indiana Railroad Company, and operated by it for the
18711872.Sept. 1. joint account of the guarantors, and by a contract entered into
Sept 1.
Aug. 1.
17 094
3,5,603
39,678
between tlie Grand Rapids and Indiana Railroad Company, the
tcs. and bbls
Beef
80.410
60,963
6(i,928
bbls.
PorK
Pennsylvania Company, lessees of the Pittsburg, Fort Wayne &
]4,(IH.')
15.047
11,631
bales.
Tobacco, foreign
Chicago Railway, and the Cincinnati, Hamilton and Dayton Rail20,6 5
17,003
17,!)40
hhds.
Tobacco, domestic
«-i,u76
road Company, for reciprocal interchangeof business; all these Combags.
86,435
li5,506
Coffee, Kio
24,224
bags.
52,595
.59,639
Coffee, other
panies agree to throw all their freight and passenger traffic which
70,606
9,610
mats. 149.140
Coffee, Java, &c
may be appropriately done over this road. The bonds are secured
83,323
92,0.38
hhds.
76,46:i
Sugar
hy a first mortgafre on the Cincinnati, Richmond and Fort Wayne
82,595
110,790
boxes.
5.665
Sugar
75.540
828.
.535
bags, etc. 187,164
Sugar
Railroad, by a traffic contract with the three atore-mentioned roads,
4.755
2,464
8.882
hhds
Melado
and oy the endorsement of the three afore-mentioned Companies.
l-i,Sl6
10,827
hhds.
10.3»t
Molasses
They are offered for sale by Messrs. Winslow, Lanier & Co., at 93^
6,«00
779
bbls.
Molasses
271,000
167.000
No. 276,300
Hides
and interest.
3i,l-21
73.000
38.876
bales.
Cotton
The following is the report of approximate earnings of the
20,04.i-,
29,4-27
27,516
bbls.
Kosin
1,(KK)
595
St. Louis and S. E. Railway (consolidated) lor Auguet, 1872. $95,bbls.
2,764
Spirits Turpentine
373
395
5,795
Tar
bbls.
increase, $17,990. The St. Louis Times
000; July, 1872, $77,010
14,150
9,460
14,00(1
bags.
Rice, E. I
states that one-third of all the wheat taken to St. Louis for last
4.')0
casks.
Rice, Carolina
30o
three weeks was carried, by St. Louis and S. E. Railway.
24,000
14,800
bales.
84,900
Onnny Cloth (Cal)
10,S00
17 600
10,200
bales.
Gunny Bags
Mr. John Gregory Smith having resigned the Presidency of
95,26<)
90,975
bags. 104,975
Linseed
,
the Northern Pacific Railroad, Mr. George W. Cass, well and
5,000
bags.
4,4"0
Saltpetre
15,.50o
Sl.l.'ifl
85,8^0
bales.
81,100
Jute and Jute Butts
favorably known in railway enterprises, and recently the Presi54,864
bales.
47.264
e.'i'o
Manila Hemp
dent ol the Pittsburgh, Fort Wayne and Chicago line, has been
Portage I.ake and Lake Superior Sblp Canal Co. The ti- appointed as the successor of Mr. Smith.
tle of this company has been chanaed to " Lake Superior Ship
Attention is directed to the card of Messrs. R. M. Waters & Co.,
Canal, Kailroad and Iron Company." It owns some iron lands on (late Waters, Pierce & Co) cotton commission merchants and
the Menomonee Kiver, the western part of which is aliout 30 bankers. No. 50 Broad street. New York. The point to which
miles west of Escanaba,on Green Bay, extending thence northwest- particular notice is directed is the lact that the business of the
ward about 50 miles. These iron lands are said to be among the house is strictly on commission, and not in dealings on their own
best in the world, and the company purposes making them acces- account, either speculative or otherwise.
Bil)le by constructing a railroad from a point on the new extension
of the Cliicago & Northwesiern aoout 25 miles below Escanaba to
BANKING ANU FINANCIAL.
and through them. For the following account of the condition of
"""
the company and of its canal, we are indebted to Mr. Isaac Otis,
Investments.
Havana
3,000
—
—
—
—
•.
I
!
.
;
—
;
—
—
the General Superintendent
Already we are running tugs through the canal, and expect to
let large boats through in from four to six weeks.
The canal connects the head of portage Lake with Lake Superior the outlet on Keenenaw Bay has been dredged so that the
largest boats come into the lake (Portage) to transact their business with the towns of Houghton and Hancock, the headquarters
for supplying the copper mines
and when our canal, 2J miles
;
;
—
The Northern PaciPc Railroad Company, through
Agents, offers for sale
fall
due
its
First
in thirty years, bear 7 3-10 per
able semiannually, are
its
Financial
Mortgage 7-30 Gold bonds.
exempt from United States tax
first and only mortgage on
holder, and are secured by
They
cent gold interest, payto the
.
:
September
1.
The
7,
1872
THE CHRONICLR
]
Railroad, its Bight of
Way,
FrancliMe, Boiling Stock,
and other Property.
2. Its Traffic or Net Earnings.
averaging on completion of the
8. A Government Grant of Land
road, about 23,000 acres per mile of track.
what is known as the Valley Route to the
Pacific, flanked most of the way by an excellent country, and is
assured in advance of a vast and profitable traffic which already
awaits its completion. The work of construction is steadily and
The road
319
fianker0* (Ba}titt.
DIVIDBNDH.
®i)e
Tho
rolIoirlDK Dividends
Per
COXPANT.
;
Railroads.
Bin(;hamton * Now York
Blnghamton A New York
ca«b4 Sept.
Syracnf*,
Syracuse,
Norrietowii (Pa.)
patt week:
?S«. BOO" Clo.'"-
Cbkt.
follows
satisfactorily progressing
ue
have been declared dnrtnt;
5.
Aug. SO
to Sept
«.
elockao
8
FUDAT Bmnxs.
the settlement of the adjacent country
Sept.
181t.
6.
and the building of townskeep pace with the advanceof the roal
a large body of the Company's lands is already in market, and the
proceeds of sales will constitute a Sinking Fund for the redemption of the Company's Bonds, which are convertible at 110 into
the Company's Lands at market prices.
Believing that these Bonds, both in point of safety and profit-
has been a good supply of money
loanable on call during the past week at 4, 5 and 6 per cent., with
some exceptional transactions as low as 3 per cent. Today the
closing rates were 4@5 per cent. Although there has been no
ableness, constitute such a security as judicious investors can
approve, we recommend them to the public. Government Bonds
and all marketable securities are received in exchange at current
quotations, without cost to the investor.
ences,
;
The money market.—There
scarcity in the
the market
is
supply of money offering,
sensitive
and there
is
and
it is
liable to fluctuate
yet apparent that
under slight influ-
a 'decided aversion on the part of lenders to
enter into engagements for any length of time.
money on call at the present moment,
make use of all their balances in this direction.
Kew York,
CO.,
Philadelphia and Washington.
JOSEPH AND DENVER CITY RAILROAD
CO.'s
FIRST tnORTGAGIi: BONDS
are being absorbed by an increasing
demand
for them.
Besides being the obligation of a wea'ithy corporation, composed of men of experience and high-toned commercial integrity,
mortgage on the road, revenues, land
grant, franchise, and equipments, combined in one mortgage,
and are readily negotiable both in the markets of this country
they are secured by a
first
and Europe.
A liberal sinking fund provided in the mortgage deed must
advance the price upon the closing of the loan. Principal and
Interest at eight (8) per cent per
interest payable in gold.
anuum, payable semi-annually, free of tax. Principal in thirty
Denominations, $1,000, |500 and |100, Coupon or
years.
Registered.
Price, 97i
A
interest,
shown in the last bank statement, reducing the whole
now to 14,141,400, against $10,600,829 at the first of Sepi
tember, f871. This low condition of the bank reserves at the
opening of the Fall season has led to some apprehension concerning the course of the market in the future, but it is possible that
the very apprehension may itself be the means of preventing a
undue speculation, and inducing
weak parties to strengthen themselves.
The Cable reports an increase of £30,000 in the Bank of England bullion,|and its rate of discount unchanged at 3^ per centThe Bank of France loses 8,333,000 francs in its specie.
severe stringency, by prohibiting
all
in currency, from August
15,
1873.
documents, and information furnished.
Trustees Farmers' Loan and Trust Company of New York.
The diminished quantity of these Bonds for sale, and the
Increased demand absorbing them, warrant the belief they will
soon be sought for at an advance considerably above the present
subscription price at which they can now be had through the
principal banks and bankers throughout the country, and from
the undersigned, who unhesitatingly recommend them.
circulars,
—
banks [the
In the last statement of our associated city
and the
total lia-
reserves at $65,769,300,
being $4,141,400 in excess of 25 per cent, of the liabilities, a debilities stood
$246,511,200,
crease of $1,479,500
total
from the previous week.
The following statement shows the changes from previous week
and a comparison with 1871 and
Loans and
Lexal tenders
1871.
,
1STO.
Sei.t. S.
Sept. i
Differences.
i»,^iO^,m
le.iiij.vK)
Dec.
Dec.
LSOLTW
n.tlh.SfO
a7,S71.:0O
2»;,44'.t.S00
«.475,<jCO
219 IIS6.V00
/>ec.
103.3(0
7,418,100
80,16S,5S;
249,:74,SIO
50.b69.UU0
49.366.700
Dec.
1,S0^,31IU
68.£3i.:.00
dig.,.. {2»2.4M.6(»
Set deposits
1870:
IbTi.
31.
Auk.
OK.:
Specie
Circulation
Maps,
as they desire to
further decline of $1,479,500 in the excess above legal re-
,
and accrued
remarked
expanding
serve was
excess
ST.
to
their discounts or other time loans, naturally leads to a better sup-
ply of
JAY COOKE &
It is
by the banks in regard
that this caution exercised
. . .
t2$8.8:2,40a
Inc
»',6!e,200
.
t3l.7.046.6cn
r^l,9!4.0(»
IS.Jv.'i.OOD
.S2ri<>,0l'0
3)U,6»I.COJ
49.7SO,0DD
There is rather more steadiness in the tone of the market for
commercial paper, though rates are not any lower. The best class
of 60 days paper is sold at about 8@9 per cent.
United States Ronds.—There has been but a dull market for
government securities and prices are lower, without any apparent
cause for the decline, at least no cause which would seem to warrant the tailing off' of 1 per cent, or more in prices. No doubt
TANNER & CO.,
some holders of governments are preparing for their Fall business
and turning their bonds into money, and others may possibly
Bankers, No. 11 Wall street.
have been disappointed in the breaking up of the gold clique and
the consequent decline in gold and governments which we reported
Banking House of Hbnst Clews & Co.,>
It is more probable, however, that the disinclination
last week.
32 Wall street. N. Y.
f
been
to
buy
has
a more important influence in affecting prices
Bills of Exchange on England, Ireland, Scotland and the Conthan any unusual pressure of bonds on the market. To day the
tinent.
Commercial Credits for nse in Europe, South America, East Cable reports a decline of i@i in our bonds at London, and also
a decline in consols, alleged to be in consequence of a commercial
and West Indies, China and Japan.
there of some importance. At the Treasury purchase of
Circular Notes and Travellers' Credits arailable in all parts of failure
$1,000,000 on Wednesday the total offerings amounted to $4,536.the world.
month are to be $1,000,000
Also, Telegraphic Transfers of Money on Europe, Havana and 750. The Treasury purchases this
Wednesday.
each
California.
Closing
Deposit accounts received, bearing interest and subject to check
and the range since January 1, have been:
since January 1
»
Auk. Sept. Sept Sept. Sept. Sept. .
i.
4.
5.
6.
^Lowest.-^
SI.
3.
a.
Hlgbeat.^
]>rices daily,
at sight.
.
Depost issued and Collections made.
and Railroad Loans negotiated.
Certificates of
CLEWS, HABICHT &
11
State, City
mnd.
5s.
1881,
5-'20'B 1^62,
5.2't'8 1864,
Co.,
Ou) Broad Stbkbt. Ix>ndo«.
FOR SALE
WATER LOAN
5-20's 1865,
5-20'8 186.5, n
5-20'8 18117.
NEW
recommend these Bonds to our friends and the
one of the safest and best loans now offering to in-
...
"
...
114
\UK MUM
".14
'114
WH
•118»
"
...
'IIS;^
*
Tbls
Is
CO., Bankers,
No. 53 Exchange
place.
the price bid. no sale
wasmade
107k Feb.
114
1I4X Jan.
m%
Jan.
Jan.
109X
at the
—
8|I13X Jn<y
Anx.
U4X UOX Jan.
<.U\ 109X Jan.
IKXFeb.
113S lis
Miav USX IIIK Feb.
IHy. 'lUX •114K IISX •114H
nisM USX USX 'U3
reg
..
3
11
11
13
11
120X
116H
:i»X
116X
117X
8 IISX
>
my
May
Aug.
23.
C.S. ««.5-206,'65...
U. 8.68,5-208, '67..
n. 8.58,10-408
State
demand
Aug.
..'nne29
June S
Keh. 6 :!!» July »l
linXMch.13 I13X Aug. 16
107
lllSi:ept. 6
tnx May
Ince January
Lowest.
30.
MX
89X
5
AKg. 7
Anc. 1
June 6
a
Board^
«3X
9»\
*
25
June «
AOft.
Closing prices ot securities in uondon have been as follows
New 5b
DBEXEL, MORGAN &
"
'lUH
MUX
BONDS,
strongly
public as
MUX
114
IU% IliV
114 "113V
114
•1085 !08
1(18« 109
'llfH
....
lO.lK "!03
10-40'8,conpon.... "111* 'X109 •109
Currency 6's
112X •112H :i2;i lllX
112>i
10-4U'S,
PRINCIPAL AND INTEREST PAYABLE IN GOLD IN
YORK.
We
UeV
114><
coup... ntf,
coup... 'lUX 'll'X 114X
5-20'8l868,
^r^ MTE OFFER
ST. LOUIS SIX PER CENT
!14
!88I,conp
«s,
UlX 'lllH •111J4 'HI
111
114K •114X •i:4X "114
*116s •116)* 1I6X 'US
115X
cp..*lllH'!!lK
98,1881, reg...
I
and Railroad Ronds.—There
I
:
1
Hfgli est.
90s May 9 «IX Jan. 2
91
June 19 »4X 'Ian. 2
87K Sept. 6 92X Jan. 17
96X Feb. 8| r.H Jan. g
has been but a moderate
South CaroU'
for Southern State Bonds, as the (ledine in
N
—
.
:;
nas has depressed the whole market ; the action of the Georgia
Legislature has also been prejudicial to the credit and standing
of all new issues of Southern State Bonds. In railroad bonds
here is a moderate business, pretty well distributed, and on some
of the more popular bonds, at lower prices. The Pacific issues
appear to be a little less firm with the decline in gold. Central
Pacific first mortgages selling at lOOi ; Union Pacific firsts at 88
Land grants at 80^ and incomes at 81^.
Closing prices daily and the range since Jan. 1 have been
;
:
Aug. Sept. Sept. Sept. Sept. Sept.
2.
81.
•sTenn., old
•sTenn., new....
••N.Car., old....
•ra>i 1^74
68 N. Car., new...
•ais
»BVlrg.,oW
'47
'.1.1
K
" conaolld'd •SIX
*'
deferred.. •15K
•a%
<aS.C.,n, J.& J.
Mlasonrt
93
Cent.Pac. gold..
moif
Un.Hac ,l8t
esH
Un. Pac.L'dttr't *«
Un. P. Income... "!>%
N.Y. (Jen, 68, 1883. •90
Erie let m. ts
N.J. Cenl8tm78
Ft Wayne l8t m 78
IB
•73V
JSV
•S3V
***,*
21
•2(IV
•20V
•47
•SI
l.'li
24 V
•47M
•51
•47
•51
•:5H
•loH
•93V S.HK
100« •101
•9Si);
•a
24
»i^
HS^i
SI
«)«
•S2W
82
•H9
91
23
•98
BOV
SIV
iOS4
Ufa
tlU
•91
•95
•i.«V
•15H
100%
31
28
28 it
93
!00
13 98
100
Jan. 5 105V
83
Aug. 23 94K
79V Jan. 4 85
80^ Sept. 6 88V
91
Sept. 8 97
100
May 4 103K
103
Sept. 4 I08V
103
Jan. 26 107V
96XSept. 4 105
101
July 1 104K
i?^
80
81
•91
•105
•95
•96 K
ioix •101)4
•i-.n
9SS4
[September 7, 1872.
Qnotatlons.-
.
Open- Low- Highlug.
llfv
Batnrday.Aug.Sl
Monday, Sept.
Tuesday,
Wed'day,
Thursday,
"
"
"
rrlday,
"
••reylonB
6
113V
^-'iH
::2V
il3v
109V
112V
112V
108V
week
ISR.todate
12
12
16
82
:o
26
24
6
17
19
18
16
Mch.
Jan.
Jnly
Aug.
3
17
Jan.
June 29
Jan.
Jane
US
"3
US
16
8
no nale was made at the Board.
Railroad and inUcellaneous Stocks. -The
has been without much activity, except in Pacific
stock market
mail, and to a
less extent in New York Central and Hudson, Erie, Lake Shore,
and a few other leading favorites. Prices on the general list show
a fractional decline in most cases, and on several stocks a more
important falling off, compared with the closing rates of last week.
This is due to the lack of any decided speculative support, and
partly to the depression in Pacific Mail, caused by the loss of the
Company's steamer " America," which was burned to the water's
edge and sunk in 20 feet of water at the dock in Yokahama. The
vessel was valued in the Company's financial statement at
$1,017,000, and as she was not insured (this Company never insuring its vessels) the loss naturally had a seriously depressing influence upon the price of its stock, which touched 69f on Wednesday after very large sales, but subsequently recovered and closed
».'!9,6(6,(»0
29 651.000
"-I3X
48.636,000
41.804 000
31.574.000
USV
USV
113V
112V
39,728,1100
112JS
231,C31,000
391,409,000
U2V
113V
115V
Balances.
Gold.
Currencr,
f
,
Cle(.rlngs.
118V
IISV
|2.0S8,527
1,150 864
'"
1.285,4P2
|2,,556.K7
1,306.878
1.407,284
2,131,287
1.381,436
2,352,147
1.517.524
1,058,337
2,078,613
2,3=2.147
2,130,389
2.(»78,S13
1,813,150
112V
The following are the quotations in gold for fcteign and American coin
•
American
American gold (old coinage)
9
Jan.
2V 112V
-USX
U3V
USV I13V
5
Currentweek
.(an.l.
est.
n2V
113
4
Total
Clos.
ing.
est.
V.i%
;:SV
IISV
118V
2
3
2:
Mch.
June
June
Sept. 6 40
92H Aug.
•102^ •102K;
!i3H
.... •101
the price bid,
•46
101
imy.
•im
105
•96
75
June
68H Jan
tsa Jan. 4 75X July
80K June 1 38V Mch.
15 V Jan 24 25
Mch.
Jan.
41)4 Jnly 22 59
iO% July 23 59V Mch.
\S% July 18 21
Jan.
-20H
l)i>«
103
Chic & NW. 8 f 78 •96
Rockl:Bldl8tin7a
Tnl«
•78V
74
t'B^x
•AIX
•*
73V '78V
•74
34
Since Jannaryl.
Lowest. -^ .— Hlgheat.
.
6.
4.
i.
71V
74
74
'*
•
:
.
THE CHRONICLE.
3^0
(
.
Sovereigns
.
Napoleons
German X
PrusRlan
thalera...
X thalers
,
G>-rman Kronen
X
guilders
Span 8h doubloons
Patriot doubloon6
American silver (new)..
4 p. c.
t4 86
3 34
7 85
8 05
6 55
3 90
15
15 50
.
silver (old co;nagei
premium.
Dimes and
91
3 sa
7 75
3 !5
6 70
4 00
16 20
__
15 70
„
® — 96
@ — 96V
@ — 19V
® —4 85
® 72
@ 106
® 106
® 102
-94
halt dimes..
-95
Five francs
Francs
-19
Knglisb silver
Prussian thalers
Specie thalers
— 70
4 80
104
Mexican dollars
.
@
premium.
13*. p. c.
@ ti
1
04
101
Spanish dollars
— 97va — 98V Sonth American dollars
Foreign Exchange.— Exchange has been dull and
par
depressed
throughout the week from a continuation of the same causes previously noticed in our reports chiefly the pressure of borrowed
The
bills, and also from the high rates paid for the use of gold.
bills of some of the Canada banks, which are classed among the
leading drawers of this market, have been quite freely offered in
second hands. Nominal rates are lower than last week, but the
actual figures at which business is done are below nominal quotations, and 10&i@108| was a price at which prime 60 days sterling
could be purchased to-day
quote nominally as follows
—
:
We
:
3 days.
60 days.
London prime bankers
Good bankers
108V®1«V
109VeI09X
108Via!08V
109
aiosx
"
commercial
Paris (bankers
5
Antwerp
5.2.iV65 25
5.'.8V?'5.20
Swiss
5.22V«5.2SV
6.nve5.!8V
40H@4nV
®10SV
27V®5.2SV
103
__
Amsterdam
Hamburg
5.52Ve5.22V
40VS40V
35vaS5V
36
(6 86X
41V'S41V
H
Frankfort
Bremen
<341V
95Vfe95V
,
w a 96 V
71V®^1K
transactions for the week at the Custom Hous and Sub
Treasury have been as follows
Custom
Sub-Treasury."
House
Receipts.Prussian thalers
The
•
,
at 71f to-day.
Erie has been more steady than usual at 47^49^^.
Wabash was active to-day, and declined from 73^ to 71, but afterwards recovered to 72 J.
There were free sales of the stock by parties who bought it to
control the October election.
'The following were the highest and lowest prices Of the active
ist of railroad
and miscellaneous stocks on each day of the last week
ThnrBda
Aug.
31.
N.Y.Cen&H. K «9V 99V
Harlem
i%
49V
do pref.
72
72
Lake Siiore.... 89» 90V
Wabash
74V 74V
Northwest
U% 75V
do
pref. 91 V 90V
BocklBlund... llOVlllW
8t. Paul
55% "^SV
do
pref...
!6V 76V
Ohio & MisBlp. »4V 45s<
Ceiitralof N. J
116 V
Boston,
E. •7
1%
m%
H&
L.&
W... 103
103V
Hann. & St Job 38V 39
do
pref •56
58
Union P»clflc.. 36
36V
Col.Chlc.& I.e. S5V S5V
Panama
Sept.
98V 99V
98V 99X
;i6V 116H •114
Erie
Del..
Sept. 2.
132
134
7:^V 78K
42
42V
pref.. •.... 54
West. Un.Tel.
48X
....
llOV
65
X
76V lev
44
41V
106
106K
6V
38V
58
S5V 3«V
35
133
V
-WV
Sept.
4.
97V 98%
116
116
46
X
Sept.
llOV IIDV
47X
llOV llOV
5r.X K%
76
76
MV «x nv
55V 55V
76V
76
43V
106V 106V 104
6V 7V
100
37V
102V
88
•....
67V
36V 3(J5«
84V 35V
1S3V 131V 13-.
32V ri%
71V 72 V
12V 4 X 42i 43
6V
104V
7X
100
•.... 37
•.... 58
36
36V
34V 35
99V
9SV 98»
98V 98X
115
U5>4 1!3K 113)4
ISO
131V
4Si(
UOV
...
=
42
llOV
5nV 555i
7»V
43H Myi
76
108
7
104
7V
98V 99V
•86
•55
V
37><
.53
96K 36V
84V 86)«
133
132
71V 72V 71V
42V 41V
•50
•52
do
54
53V •52 V 53V 51V
Pacific Mall ... 74V 75V
73V 'l*% 71 X 74 V 69V 72
70V
•95
Adams Exp ... 95 96
!>5
96
•95V 9«
•95V 96
Am. v'erch.Ex •72 7JV •72 72V "71V 71V •70 72 •70
•82
United States.. fi2V 3»V •82
83
32V •8!V 82
82K
Walls, Fargo.. •85
•
•55
..
89
87 V •.... 90
•81V 87
•90
•92
Canton
•92
•90
94
94
94
Quicksilver
Sept. '6
5.
4SK
•70
75
•70V .... •71V 72V
aav 89V 89V S9}i
8"V 90
74V 74X 73V 74
73V 73V
7SV 74V
73H 74V
73V 74V
90V 90V 90V 90X 89^ SOV
3V
102X103
•37
•....
116
*i% 49X
49
89V 90
:4V 74V
73V 74V
90V 90^
uox
55 V
116
3.
72V
42V
51V
7;X
95V
71V
52X
88
...
4SJ^
4
a
71V 71V
89V
89
71
Thl8
l8
ll0i<
5SV
76X 76V
43V 43JS
I02V 103
(%
1%
99V 99V
36 y
67
S6
•So
36
3SV
34V 35X
131V 133
7CV -\%
41
41
51X 51V
70V 71V
95
•....
82
•84
92
the once bid and asked, no sale
.]
Tuesday,
Wednes'y,
Thursday,
81...
Sc(>t. 2...
••
3...
"
4.
.
5...
6...
*
"
Friday,
Total..
foie.ooo
794,000
652.000
662,000
652,000
626,000
»i.o«o.oai 63
822,343 11
694,066 3i)
6R5,457 03
660,612 66
636,403 76
.:
....J3,8Si,000
Balance, Aug. 30
»49,1J0,355 14
{9397.993 41
Balance. Sept. 6
$50,119,387 05
»7,525.i69 06
New York
City Banks.— The following statement shows the
condition of the Associated Banks oi New York City for the weekending at the commencement of business on August 31, 1873
AVSBAGS AMOUNT OF
72V 73X
110
P5
The range
/
Monday,
',2ii
96
72
82)i
83
92
was made at the Board
in these stocks since January 1 has been as follows:
since January 1.
Since January 1.*— Lowei-t.^ ^Highest.—
-Lowest
^Hlghest.NTCenAHR. 91V Jan. 5 lOlv Anr. 2! Hann. & St. Jos 36 Sept. 6 59V Jan. 17
Harlem
do do pref 55 Mch. 2 71V Jau. 19
107V Feb. 12 130 Aj)r.25
trie
30
Feb. 6 76K Mav 20 DnlonPaciflc. 28V Jan. 5 42 Anr. 1
do pref
60 Mch. 2 87
May 20 Col.Chlc.&I.C. 19V Jan.
4iV May 21
Lake Shore
-4ug.l2 98V Mcn.SO Panama
88
72
Jan. 2 134 Aug.31
Wabash
70V Jan. 8 80V Apr. 4 WestUTeleg'h 68V Jan. 5 77V May 3
Morthwest
66V Jan. 5 8,5V Apr. 2, Quicksilver
25V Jan. IS 44V Apr.30
do
do
prel. 30
Jan. W 56 Anr 29
pref. MV Aug.l3 97X Apr. 1
Rock Island.... 105v Jan. 5 118v Apr. 2 Pacific Mail.... 53V Jan. 2 87V May !5
JunelS 64V Apr. I Adams Express 90 .Tan. 5 9«V May 20
St. Paul
52
do pref
74vreb. 1 83 Jan.20 Am Merch Un. 59 Jan. 6 SOV May 24
Ohio* Miss... 42 AUK.12 51V Apr. 1 U.S. Express... 60V Jan. 11 88V Jnly 6
Central of N.J. 102V Se t. 6 1I3V Jan. 15 Wells, F. &, Co. 56V J*l. 4 95 May 21
Boston, H. A E
^yl8
18 Canton
76
Jan. 6 102 June22
8V Jan. 2l IIV May
Del., L. & W..
98V Sept.5:il2V Mch.16
The Gold Market. The gold market has had less in it to
absorb the attention of the public than in several previous weeks.
There has been little excitement in the gold room, the price being
alternately firm and weak, and closing to-day at 113f, to whicli
point it declined from 113^ at the opening. It is generally believed that the operations of the gold clique having been closed
out, the premium will now be left to take a natural course but
at this season of the year it seems hardly probable, and certainly
not desirable, tliat gold should rule very low, as this is the time
when we begin to place our produce in foreign markets, and
desire to realize good prices for it.
The Treasury sales this month will be $1,000,000 each Thursday, and at the first sale on the 5th inst. the total bids amounted
to $1,285,000. Rates have leen paid for borrowing gold during
most of the week. To-day they were 1-64, 1-32, 5, 7 and 6 per
cent.
CUistoms receipts for the week were $3,832,000.
The following table will ghow the course ofj the gold premium
each day ot th» past w««k t
•
Gold
Feceipts.
Saturday, Aug.
—
.
—
;
Bahkb.
Hew York
Loans and
Capital
$3,000,00(1 Hl.735.500
6.n08.700
2,050,000
Manhattan Co
Merchants'...
3,000,000
2,000,000
Mechanics
Union
America
1,600.00(;
3,000,000
Phffinlx;
1,800,000
City
1,000,000
Tradesmen's
1,000,000
Fulton
609,000
Chemical
300,000
Uerchants Exchange... 1,235,000
(}allatln. National
1.600,000
Butchers'* Drovers'
800.000
SiechanicB and Traders*.
600,000
200.000
Greenwich
Leather Mannf
600,000
Seventh Ward
500,000
tuteol
York
2,000,000
AmerlcanB xchange
5,000,000
Commerce
10,000,000
Broadway
1.000.000
teeroantlle
1,000,000
Paolflc
422,700
2,000,000
Bepnblic
(Latham
450,000
412,600
People's
Korth America
1,000,000
aanover
1.000.000
Irving
500.000
Metropolltaa
4,000.000
Citizens
,
400,000
daasan
1.000.000
Market
1.000.000
New
St.NlcholaB
Continental
Commonweairb
Oriental
Marine
itrtntic
Importers and TraderB'..
Park
Uecbanlcs'Banking Ass.
Uroccrs'
North River
KastRlver
Manufacturers &Mer....
National
(Jent/a National
Four'.li
I
Second N&!,l;n«l
Ninth National
FirstNatlonal
mird National
,
New York N. Exchange
Tenth Natlonfil
Bower}' National
New York County
German American
Dry Goods
Total
7,380.000
5,858.800
4.751,200
3,730,300
3,857,300
5,316.100
S,SS6.400
1,851,700
6.619,600
3.170,700
8,601,100
a,8P7,200
1,985 400
1,(134
i.r\ 300
2,^23,400
1.691,800
3,666.800
a 300,500
2.316,000
j>«cle,.
ntOttlstlonii.
»9,170,2aO
;io
S5i;0OO
492,200
3.683.6(10
237,400
81..1XI
35,700
29:,71I0
671,2(H1
WTifim
68,100
9.600
914.400
i.94li.20o
2,000,000
750.0UO
300,000
400,000
800,000
1,500.000
2.000.000
500.000
300.000
400,000
350,000
500.000
5,000.000
3,000,000
300,000
1.500,000
500.000
1,000.000
500,000
1,000.000
250.000
4.146,500
2,247,200
1.602.200
2,128.300
907.200
12.«73,S00
18.952 50C
1.S25.000
745.800
1.067.600
1,180.700
1(7,200
128.900
6,700
197,403
13,t00
182,100
1.494,91 in
21
989 COO
10.603,000
1 ,454.600
0,217,O(XI
4,646,000
6,P35 100
1.234,200
3.626,20(1
3.(51,800
7,(02,200
516,200
3.37.1,300
7i>4,406
3,581.800
2.866,500
!.609.?(:0
4.396.200
450,600
491,100
252,200
193,700
2.700
2t3.600
173,900
552,700
977 000
3,092,900
900,000
476,400
.55,900
1,000000
4,763.(00
1,.=1I0
472.7011
69..T00
184.6U0
SOi.eOO
126,100
200,000
46 900
16,300
209.!I(IO
392,C>00
225,000
2,800
16.200
14 900
61,7(X1
P5V,606
129,000
2,30.=,1(I0
"
1,641,500
1.84i,200
1,877,500
834,500
2,084.900
795,100
2,f84,400
4,971,000
6,481.300
6,495.20C
8.77v,40f
1.499,400
2.918,700
2.7(0.200
$1,307,800
444,4(0
781,0(0
6 0,2(0
7(0 000
1,73S,4C0
999,500
361,010
731,300
552.100
1,1(6.600
481.1(0
428,200
450.400
395.1(0
126.300
485.700
181.400
859,900
1.3-4,000
2,629,000
1,572.200
1,135,800
232,800
»-9,l('0
429.500
173.400
465 500
297.600
474,0(0
5,(;oo
1.418,,|00
3.4.-9.400
1,.?24.400
181.200
,168.400
2,099.000
4 971,300
12-,700
1.3f'5,(i00
3,9011
5,000
574.400
234,600
4,100
S60,ai0
98,'00
494,900
914,900
1,787.5(0
1,798,100
1.220.800
2.569.700
1,646.700
2.441,000
2.011.800
1.271,500
i,S43.100
635.600
13,126,100
21,(«4,100
3(5,0(10
I,:l5,(i00
S03,0<\)
1.500
10,800
660,200
91 5,400
708.000
25 ,0(0
382.20(1
741,900
7e5,f«
224.500
710
1.(09,800 2,913,200
122,(00 1,388,200
266,000
603.(TO
176,000
272.700
56.900
790,2(XI
1.086,400
268,400
15,700
S76,800
693 400
6.1(10
256, 00
180,000
1 ,248.800
18,015,000
9.75; ,000
1.087,000
5,5' li,00'l
4,e58,%ll
e,;( 6,o(Xi
66J,'('0
347 800
214,300
406,0(0
615.100
683,30Q
119.(0()
63»,000
408.500
230,100
401.500
182.400
3.73.';,100
4.489.2ai
199.200
162,800
H8.1C0
4.6)4.6(0
2.9B7,0n)
833,800
1,S11,(W)
9;4,9(
1,051
,','00
2iiO,000
1,127,000
1.190,300
2,000.000
1,000.000
00
2t4.8(10
4,' 2?,4(<l
2, 20,000
10,000
1,588,300
286.900
537.900
311,000
834,4(«
(07,700
258,400
16.402,500 27,475,(100 J19,036.a00
41.366.700
3.926.00(1
4,9«6,-
54.420.200 283,8:2,400
The deviations from the returns
Loans
tS55.00C
1,474.200
2.1 2.400
2,940,600
2,684.400
3,605,000
10.S72.0'JO
*
Legal
Net
Deposits. TerrtpjB.
301!
8»O,0O0
896,600
45S.6O0
1,229.900
463,200
545,400
4(0
2.897.400
1,195.200
4.325,600
10 14(1,400
20,73- ,.=0C
7,796,400
3 9013110
1.956.300
tlon.
3SB.70(l
II 274
3.900
229.H'0
161,700
15.300
1,083,800
27,700
35,100
79,100
73.700
158,200
1.000.001)
1,000.00(1
Shoe «nd Leather
Corn lixchange
Circula-
_
Discounts. Specie.
Dec. J 8,618,200
,pec.
...Inc.
1
),604,TO0
%Vt,«x\
ot previous
Net Doposits
Legal Tenders
859,7(0
3,687,600
989 3(0
1,185,700
week are
as follows
Dec.
Dee.
:
$7,4t3,!oO
>,S02.I!(P
:
:
:
September
are the totals for a series of
Specie. CtrenUtlon.
Loans.
.Jnno m...
2»7,n3.aiO
288,764,W0
21,368.800
ao.»46,uoo
20,299.700
June
292.806.900
19,912.'
Jane
2S4.<~4.800
8...,
00
27,522.(00
2;,soa,5oo
27,519,300
27,528,100
AninwtS
August I'J.
AUKUHt 17.
August 'U
August 31.
T(!niler«.
Clf'arliies.
«26.459.36«
599,65 '.397
22«.0W,»(Hl
227,301.400
55,108,;(«>
228,99.5,:!00
55,424 ,.')00
53,9«,400
5X4,769.:ai
Ii4,!«l.l(«l
4«i.'J7:l.K72
52,508.600
53,440,700
52.895.600
53,751,900
447.078,632
53,780.100
28.: 85,500
3«.J2i.«)0
27,508.400
27.466,400
29T,2l4..'iOO
29,r>71.800
27,37«,0'KI
295,136.900
295.4i8 200
28.498.700
27.aiO.000
2.').925.9O0
27,'".S7,21K)
18,199,000
20,399,300
27.':.1,llO(i
237.6f,8,.'00
55.001. TOO
51.5"0,6(Kl
27,2 '0.600
27.37 l,!l 10
27,17J.O0O
2.T5,757.6«)
.52,.5.T',J(10
507,;.'K.5:«I
226,449,.'(0O
.'W,869,(KI0
219,036 200
49.366,700
Ml.l.')2,5.52
rX)0,013,37(i
29r,,,»2,'iOO
2'H,4ja.60
2as,pia,4oo
13,207.20(1
J
16.402,500
Boston Banks.
—Below
BauKs.
Capital
1,500.000
1,500,000
1,000,000
Blackstonc
Boston
Boylston
Broadway
Columbian
Continental
Kllot
Bverett
KaneallHall
Preeman's
•
llohe
Hamilton
Howard
Market
Massachusetts
Maverick
Morc.liants'
Mount Vernon
New
KnKland
North
Boston
OM
Bhawmut
A
Shoe
Leather
State
Suffolk....
Traders'
Tremont.
Washington
B'kol Redemption.
Uepubllc...
City
Eagle
Exchanire
Hide ft Leather
BoTere
Security
Commonwealth
total
4!16.80('
2-iO,9(lO
174 .'jot
79«.O0C
5T''.0OO
(Hf.OOO
12,0<I0
Z.522.700
127,500
2.300
664.500
921.200
418,100
1,300.100
117,100
527.2(:0
.570,31HI
!i78,7(iO
3.53,800
143.7
578.600
791,600
345.2.-0
100
SOO
U'J.TOO
7* ',900
242,^O0
»,-),«IO
(185.700
445,1X10
13,600
2S.900
2,600
122,800
4<,800
177,800
99,000
416.500
fog.soo
524,900
3.275 900
833.700
711,600
.554,'.i00
20,500
48,700
1.9;o,9,lO
l-lf..SOO
2,494.100
13,500
5,800
14,700
6.900
87,700
169,000
|H6
68.000
113.600
269.('00
i,449.600
2.928.50O
7.56,100
64,.100
172,200
112,100
230.100
168,800
188.000
262,800
114,100
229,500
117 300
446,100
3.4(10
5.55.700
7».T00
1,600
502,
5.200
46,600
10()
295.(K)0
649.300
214,200
85.800
151,800
435,700
266,700
3,800
13,900
44,700
S.600
2.300
239
.'iOO
4,9',!0
44.21'fl
11,100
177.HI0
rJO 7C0
250,800
700
«9.86O.(iC0
6!2,700 ll.l'J3,T.*
as per statement of
412,800
•24 '..100
I,.178.'JO0
171.200
788.100
788.100
1,1S4,'1'<I
913,900
792.000
917,900
826,100
249..SC0
4.300
56 400
47.700
amount "due to other Banks,"
.3.'!9,700
594.300
597.100
988.200
7^0.E(«
169 900
643,700
593,500
793.800
787,000
174.200
776,4(10
819200
85S,MK)
553,700
1,089.700
1,914.300
993,400
1.251,400
597,900
1,437,700
721,000
351,600
7511.900
.592.700
796 000
792,(00
442,300
75C.2''0
3S2.(W
1,375,900
075,900
1,337.500
577.300
9:6.700
657,500
;97,IU0
;98.1l'0
Decrease. $129,200 Deposits
25,600 Clrcalatlon
Increase.
486.600
250.0(0
1.421,5(10
$11,306,100 «25.638 9(X)
Sept. 2, is $13,747,000.
Legal Tenders
Increase.
The following
Dale.
Jones
115,567.100
Jane 10
June 18
Jaoe84
Julys
1(6.79 ,4(0
117,108.300
15
Jaly»
July !»
AngnstS
August 12
August 19
August26
8eptember2
Legal T.'nder.
specie.
I14,r.50,«10
2,534,100
2,244,300
1.757,600
1,366,400
1.447,810
2,740,100
1)6.619,200
112,161,800
118,596,200
118,863,900
113,510,800
119046,700
117,914,800
119.057,900
116,771,900
116.642,700
Philadelphia Banks.
ClrcuIatlorO
48,440.500
48,585,600
43,340.800
4S,474,900
4 ,157,800
48,875.600
48,804.100
4-,S27,f(0
46,40!.90O
25.709,500
25,651,^00
2 .eif.BOO
10,615,=.C0
9.471,800
2,96:,'200
9,771,1(10
2.145.500
2,'21,800
1.730,900
1,208,900
1,207,200
1,173.100
1,198,700
9,611,600
10,151.900
9,765,400
9,449,200
9.»I6,100
9,675,600
6,860,000
—The following
weeks past
Deposits.
10,263,000
10,470.600
10.198,800
10,210,100
do newbonrif
do concol. bonds
do
do
do
Cheritw
70
TO
90
t(ngt'm78
F.BBtTenii. &(le.'igla6<
Rai4tTenn..V Vb.<i> end. Tenn
K. Tenu., Va * (ia., Irt M., 7a..
do
do
Bijfk
51
SO*
19S
do deferred do
do
do
do
7s,
new
7s,
7s,
endorsed
Gold
honils
do
do
.Ian. ft July...
33X
21
^H
12
5(1
23
C
I
'is
t
I
41..102..5WI
25,65.3,70n
'25.638,90
41,806,100
do
do
the average condition
of the Philadelphia National Banks for the week preceding Monday, Sept. 2, 1872
is
do
Alex., Ists, 6b.
SdB, 68
Sds, 8s
'2
91
54
S
"
"
...
..
.
4thB,88
* Peterb'g Ist m., 7s
.
do
do
80
'
90
S«
Ists, 8s
Selma,
!>., ist M., Is.
South
North Ala, ist M., 8e.
Southside, Va., 1st mtg. 8s
Uome *
*
do
do
do
78
80
3d m.,6B
4th m., 88
'
do
do
do
68
7b
',
stock
do
do
2ds, 66
3dE 8b
Ala., 8a
guar
consol
82
97
92
45
83
60
62
•27
92
80
68
90
99
49
45
Wilmington and Weldon 7s.
do
Ch* Ruth. 1st m. end
do
do
1st M., 8a....
7b. ..
81
62X
Ta.* Tenn. Ists. 6s
2dM.,7B
Pant Due Oonpona.
end Saysn'ta
stock
[
do
guaran.
M., 7b
stock
1
»4
2dm., guart'd6s..
do
do
do
West
B, let M..
.VJ
100
Southwest. KR., Ga., ist mtg...
do
stock
Spartensbur.* ITnion 7s, guarS. Carolina liR. !stM,76 (new
-.
do
Income
Ist es.gid
do
do
do
do 6s,
Ulch. and Danv. ist cons'd 6b.
do
Piedmont 88. .,
to railroads, 68
Central Georgia,
end.
2d m., 6s.
8d m., Ss,
I!lch.,rre'k8b'g* Poto.68....
do
do
do conv.7s.
lOs
do
do
de
iBt
d-'
bonds,
* Gull
<3
\VeBtP..lBt.8B..
Orange* Alex.* Man. Ists...
con8ol.6s
do
do
do
do
do consold., 8b.
* Tenn., l8tm.,7B
do
do
do
Railroads.
Atlantic
25,6.'7,5(l
92K
87
DO
do
do
Orangeand
Ala.* Chatt..l8t.M,88,end..
•25,62:,60o
10
M
2dm.,8fl...
end by state of Alabama...
Mobile & Mont.. 88 gold, end
Mobile* Ohio sterling
do
do
do ex clfa.
do
do
8«, interest...
do
do
2 mtg, 8b
do
do
income
do
do
stock
N. Oilcans * .laekB. 1st M. 8s.
do
do
2d
<lii
do
cert's, gs.
N.Orle»n8*Op.<lonB. iBtM.SBi
Nashville* (baUanooga,6e...
Norfolk* Petersburg ist m..8s
do
do
7b
do
do 2d mo., 8*
Northeastern, S.c, Ist M.Ss. ..
do
2dM.. 8b
'
Savannah 78, old
do
78. new
Wilmington. N.C.,«8E0ld...
do
do
8b gold...
44,634,30(1
42,h27,tKlO
4«.S68.ll!(l
atock
60
.
new
& Tenn.
do
50
do
1
Norfolk 6b
Petersburg 6s
Bichmonfi 6b
Ala.
n
a
'id 7s.
Montgom.* Rufaula
Orleans 58
25.557,60
25,6 2.40
Memphis*
I
6t5,Irt)
25.640 800
25.606,400
do
lilchni'd
ao
do
do
do
do
do
do
6s
8s
25.6 2,2(0
t4,87 ,000
90
83
* Charleston, Ist 7s.
Mississippi
do
new boiidB,68
do
end., M.& C.Ii.R..
Mobile 9b
oo 8s
do
do
do
do
Mcnii'hli
.Hontgomery*
Macon 7s, bon(ls
Memphis old bonds, 6s
old
M
88
'lo
Charleston stock 68
Charleston, S. C, 7s, F.L.bds.
Columbia, S. C, 6s
Columbus, Ga., 7s, bonds. ..
Montgomery
50
90
10
1», certlf..
I.llile K. !-'..M...
Mln8l8s:ppl Central,
m.. 7a.
1..7S..
6s,
Gs.
do
do
do
1876....
Nashville
Col. 7b, guar
,\N-niplilB&()lilo, 10b
do
88
Augusta, Ga., 78, bonds
Lynchburg
&
Macenaiid Augusta bonds
'1"
do
endorsed..
do
do
stock
2:iX
Cltloa.
Atlanta,
la.
1(0
stock
do
do
8s
Bs Mont&Euf'laU..
do
SB, Alab. &Ch«t li..
do
do
88 .....
of 1592..
\rkan8as 68, funded
do
78, L. K. 4 Ft. 8. jss.
do
7s, Memphis* L. R..
7s, L. Ii.,P. B.&N.O.
do
do
7», Miss. O.ft K. Riv.
do
78Ark.CentB
of
ao
Vacon A Brunswick end.7fl,,.
Maeon * Wesiern Block
47
25
Alabama 5s
ICs,
79
n
7b
II. It..
do
Greenville
do
do
April A Oct... «}4
do
do Knndlng Act. 1368
do
do l.aiiil(;,lSS9. .1 * J
do
do LonilC,l8J9, AftO
do
do 7s
of 18S8
Lou isl aiiH 6s
do
do new bonds
do
do new floating debt.
do
78, I'enltentlary
6s, levee bonds
do
do
8s
do
do
8s
do
1879..
do
8s.
of 1910.
Teiaa,
iiitd j>a.
Georgia
North <'arollna6s. old
do
do to N.C. U.K. Co..
do
do Funding Act, 1866
do
do
do
1868,
do
do new bunds
do
do Special Tax
South Carolina 6s.,
do
I
are comparative totals for a series of
Loans,
May27.
134,400
A. Savannah 6b, end.
Savannah am. 'har., 1st m,, 7s.
4'i
(4eorj.'t» 6s
New
Decrease. $208,600
Decrease.
14,800
I
Snecle
A«k
Charleston
VlrglnlaBs.oIrt
.
75^1,000
180.0(10
S.'JO.SOO
deviations from last week's returns are as follows
Loans
July
662.8110
175.100
3,236.700
1.' 30,700
4,216.500
4, 70!, '200
1,216,200
4,399,100
2,023,000
5,687.600
3.009,600
1,683,900
1.924,800
4,319,400
3,323.100
1,1SS,900
913,300
3.525. IOC
2,881,200
2.019,100
500,000
»4S.O5O.00O
5;3,i0C
'.66,000
3,(113.900
1,489,(100
200,000
1,000,000
1,500.000
149.600
48,100
788.300
793.500
•i84.70O
i.-:64,O0O
'2,000,000
Dnion
Webster
I50,'2(«l
173,1-00
4(KI
3.5:7,300
1,000,000
1,500,000
1,000,000
1,000,000
1,000,000
1,500,000
213,700
s-aw
1.894.'iOO
l,0(19.6«l
:,395,3l)0
626.I(X)
2,000.000
111,200
7,700
3.300
1,900
4,200
H36,9C0
t51 4,600
538.300
1,770.300
693.700
2.T«.600
i.V23,100
:,574 JOO
2.207.200
1,167,700
l,0llO,UXl
1118,200
SOtlEITnt.
i
59;.,:(S9.J.'i2
2,(I40,"00
1.487.'2llO
300,000
Bank of Commerce
Bank of N. America
The
2..30li.l;00
1,600 000
Third
The
1,000,000
1,000.000
1,000,000
200.000
1,000,000
600.000
1,000.000
750.000
1,000,000
800,000
800.000
400,000
3,000,000
200,000
1,000,000
1,000,000
900,000
1,000.000
1,000,000
2,000,000
1,500,000
600.000
593.900
750,000
1,000000
First
Total
U21,800
2,('00.000
Second (Granite)...
Bankof
500.000
200,000
{6,600
5,000
Bid
State*.
483.763,317
540,228 381
Specie. L.T.Note
11,529.80b
2,758,800
9,73;.S00
2.114,000
•onm'nms.
44l.5.'i3,12(l
we
Loans.
1750,000
of these prices are necessarily nominal, In the absenc*
of any recent sales.
491.2fi9.170
give a, siateraent of the Boston
National Banks, as returned to the Clearing House, on .Monday,
Sept. 3, 1873
Atlantic
Atlas
SBCI/RITIBS.
Some
57;.S2r.,2IS
2'8.90l,>'00
l««,r)»7,800
27,416,1(10
July 6....
July 18....
July JO...
July a;....
Dt^nOBlts.
228,931,000
232,3S7,«00
211,774,900
245,509.000
247.581,300
245,062.700
24:, 528.000
2a.,.
.Minn ^9...
,.
821
SOUTHERN
weeks past
Atritreuatc
DaM.
Jane 1....
—
.
.
THE CHRONICLE.
7, 1372,1
The following
.
Tennessee .state Coupons
55
Vl'-irlnin Coupons
34
do
d.)
deferred... 34
.Memphis City Coupons
60
Nw."hvilU' City Coupons
So
st
Charlotte Col.A A.,lst m,,
do
do
stock
7s.
I
:
Total net
Banks.
Capital.
Loans.
SpPCle.
Philadelphia
$1,500,000
1,000,000
2,000,000
810,000
800,000
»5.'230,000
139,000
3,852,510
5,3 9.300
5,610
51.500
20.000
11,234
1.000
2,725
North America
Farmers and Mech.
Commercial
Mechanics'
Bank N. Liberties.
Southwark
.500,000
250,000
250,000
500,000
400,000
Kensington
Penn
Western
Manufacturers',...
Bank
oi
Commerce
Glrard
Tradesmen's
Consolidation
C('y
Commonwealth....
Corn K.xohange
Union
Fl'St
8<XI,000
1.065,(100
150,000
S'lVentO
3.5O.00O
SeCUllty
Total
1,105
20,000
16,140
286
7,019
l!,00O
86.642
55.'284
799.482
1,003,395
'^25,878
August 5
August 12
August 19
fivltS^r'i','.,'.','
tnjnijm
OFFICE OF FISK & HATCH. BANKERS,
21.2,667
I,0)2,:8-J
354,9.56
93,8)9
420,868
000
2,OS0,(«)0
pleted,
420,000
947,000
1,667.000
3.109,000
l.O-K.SOO
403.000
211,340
450.000
224,000
;99,000
261,084
135,000
roads from the Atlantic tide-waters to the heart of the great West,
1,4-10,972
No. 5 NasHau
and
will soon he doing business as
160,000
115,000
60.1,000
8(r7.300
219,3,50
2-10,575
2,951000
and opening a low grade and
5.32,(100
261,000
123,000
l.lSJ.ilOO
396,000
590,000
800.000
180,000
Louisville, St. Louis »nd
$10,892,714
$43,101,260
$11.366,:8S
(Deposits
Circulation
I
Inc.
Inc.
N. Y.
street,
The Chesapeake and Ohio Railroad
1,000
direct
other
Six Per Cent First Mortgage
line
cities.
ia
now
nearly com-
one of the great trunk
with Cincinnati, Dayton,
We
Bonds— a
are
still
selling its
firftclars investment
:
ir.1,10
26X8
on behalf of the Company
at 94
and accrued
interest,
coupon or
259.07:1
condition of the Philadelphia
:
99,9!(lf83
90,441.988
60,147,989
«0.096,9«6
59,612,473
60,202 «10
99,689,450
A. S. Hatch.
359 758
for a series of weeks
Date.
Loans.
Specie. Legal Tender.
-
210 765
17,000
The annexed statement shows the
July 8
July 15
Inly 21
July 29
153.000
1,396,400
1,107,820
625,621
2,957,000
i;!62,315
860,765
.^15,860
105,1100
t J3l,782
FINANCIAI..
HAnVBY FI8K.
159,6.50
2..'i07,000
returns of previous week are as follows
ijic.
Banks
1,421.000
RANKING AND
168,775
174.824
540,(70
205,580
593,000
179 431
270,000
341
2.286,000
627,000
In*.
1,672.1)00
371,000
334,000
469,300
257.000
146.855
217,460
156,500
222 439
834,000
360,404
1,1100
3,(iOl,00O
Dec.
,
:o8„5oo
1,000,000
62;,(X«
1.031.000
The deviations from the
Specie
Legal Tender NoteB
$i,ooo,oa
2,687.640
3,808.500
20,000
$16,235,000 $57,374,599
57,374,699
Loans
$3^67,000
5.57.066
1,079,600
529,000
....
361.000
731.000
375,000
750,000
1,000,000
250,000
Tender . Deposlts.Clrcalat'n.
$1,092,000
1.000
5,100
1,.'!87.155
1,000.000
250.000
1,000.000
200,000
300,000
400,000
800,000
500,000
300,000
1,000,000
Slxtl
Bankof BepubUc.
2,368.000
2,8r2,000
1,891.410
1.102,014
I.517.7.9
2,159.500
789.141
3.908,000
1.657.026
1.217,986
1.525.487
r28.S61
2,313,000
1,645,000
3,817,000
Third
Bl«hth
Central
2.602,0(10
L.
297,935
824,345
276,643
'233,168
267,427
207.180
1W,482
ni,m
18.'296.250
13,055,645
12,824,397
12,915,035
12,489,388
11,629.097
II, 01 9,18;
io,n
Deposits. ClrruUtlon.
49 165.015
49,614.513
48.«89,i;6
48,Z35.93fi
47,-i93.5f6
45,505.295
44,52D,981
41l,M3,l9a
registered
;
f 100, f 500, fl.OOO denominations.
We also conduct a regular banking
business ia all
its
branches,
ILS-WS-ll
11,382,965
II. .355.621
11, 863,614
and receive deposits, on which we allow
11.357,;05
ii.i-io.ins
fo'jr Tier
cent Der
interest at the rate of
annum.
11.847,S0a
'im
I1.840M
n,Ne,ni
FIBE & HATCH.
——
'
..
. .
——
. ..
...
.
..
.
—
X
.
THE CHRONICLE.
322
[September
.
1872.
7,
GENERAL QUOTATIONS OF STOCKS AND BONDS.
active stocks and bonds are quoted on a previous page and not repeated ]i«r«< tn JifW York, prices
represent (he per cent value, whatever tbe par mar be. "Southern Securities '> and N. 1'. " I,oeal Securities"
are quoted In separate lists.
_^^
Tbe mont
AND
8TOOK8
BTOOK6 AND BBOUBITIBB.
flSOUBlTlBB.
NEW YORK.
\n
State Bonds.
(Sout)iero quoted previoualy.)
93)4
•.•
&
Han.
do
St.
Joseph.
lii"
114M
Oalll'ornU "8
78, larKe bonds
do
Connecticut 68
Rhode
Unlo68,
do
do
I
C.
Kentuclvy 6b
Illinois ciuial bonds, 1870
68 coupon, '77
do
1379
do
do
58
100
l'M<A
U8M
103
N.
Tol.. Peoria
100 ><
106
!06>4
109
100
Gnivestou.H.&ll
Arkansas Levee bonds,
Albany City, 6*s
Cook County,
1876...
Detroit City.
78,1865-76
do iBt
do 78, ad
do 78,3d
do 78, 4th
do 78, 5tli
Long Dock
Butt. N. Y.
&
,.
Ills,
7"b
T»
.
.
California
mm
&N
10;:
.
Cleve., P'villeA Ash., oldbds.
do new bds.
do
96M
95
&
Lake Shore Div. bonds
Lake Shore con. roup bonds.
Con. rcg. bond^...
do
Paciflc R. 7b, KUartM by Mo...
97 5J
Joseph.
St. L.. ft St.
6'b, gld..
U'3
85)4
35
,.S5
91
26
42
Believ'le ft S.llls. a. 1st M.
ft T. H., Ist
M
Alton
do
do
.
.
Iowa Midland,
&
Uaii.
do
llrii..
*2
96)4
'OJ
91 )C
Boston
92),
45
90
75
85
88
72
mort., 88...
bt. .JO. Land Gi Hilts... 102
do convertible
Lick,
ft
Weatern,
M.
2dM..
102
94),
ext'd. 94)4
Ist
do
Wabli, 1st Mort.
do
1st M. St L div
2d Mort
do
Equip. Bds
do
Cons. Convert.
do
Uannibat ft Naples IstM
Great Western, l"tM..lsS8....
2dM. 1893....
do
Qnincv ft Tol., Ist M.. 1890..
III. ft So. Iowa, Ist Mort
G.Uena ft Chicago Extended
Id Moit
do
ft
92"
Evansvlllc,
ElizabPthtown
Kvansvilie.
93;«
89
99
Clove,
ft Pitts.,
do
do
>o
do
do
do
Alton
do
do
Chic,
do
do
Ohio
ft
ft
10)
2d Mort.
3d Mort.
do
do
^> 8
do
do
Uo
1st M...
p. C.eq'tbdf.
Consol, S. F'd
2d Mort
SdMort
4th Mort
Sinking Fund.,
Ist Mortgage...
99!^
...
...
95
97
98
S3>4
luo
;',6
Income
Miss., Ist .Mortgage....
do
Consolidated
do
do
2d
Dub. A Sioux c.. lat M
Peninsula iHt Mort.. conv.
96
Marietta
do
do
ft
96*
92)4
Mort
W.
16)4
I).
Burl'n Div.
2d M.
Consol. 78
ft
Erie, 1st mort. 7e
do
do
gaaranteed
Cddar Falls ft Minn. IstM
40
54
UK
VJH
65 ){"
•25
20>,
izh'y,
92
108)4
131
)cc
I
& S. Haven RK.S'e.
Burlington & M., Land M., 78..
Kalamazoo
do
do
do
do
do
do
do
* M.
96
2d S., do 76.. :oi
do
3d S., do 86..
do
4th S.,do8s.. <M
do
5th S.. doSs.. 106
do
Rth S., do8s.. 106
do
Crcston "ran 'li
do
,.„
do Chariion Branch
8!
103
97)4
Neb.) 1st conv..
Palmyra, Ss
'-Di'A
169'
Chic
ft
Mich, Lake,
II
56
83
125
4
!04
113Ji
S.. 8s
Detroit, Lansing ft L. M. 88
St. L. & So'cafitern Ist M..7s..
American Cent al 8 per cent..
Atctison* .NibraRka8 p. c...
Kan. C, !-t. Jo. ft C. B. 3 p. c.
Conn. Western 1ft m. 7s
Mo., Kan. ft Texas. 7
SO
50
95
97
(Not previously quoted.)
Albany ftSusquehanna...
Atlantic* Paciflc, pref
Chicago ftAlton
pref
do
do
Chlc. Bur ft Quincy
rlev.. Col., Cln. ft Indlanap ..
Cleve. ft Pittsburg, guar
Central of New Jersey, scrip.
-il. Chlc. ft Ind. Central
p.baeueftSlouzClty
STATE AND (JITY BONOS.
Pennsylvania 58. coup
6b. '67, .VIO, Ist..
do
10-15, 2d..
do
do
15-25. 3d..
do
do
62
3;
do
68.
r.s,
New
101^
105*
lOi.Ji
107)4
6b,
Exetapts
104
7 S-iPs, 1896.
do
do
do
do
do
do
do
do
68,'8S
do
6s, '89
do
do moit. 68,
2d M.,'?5
cousoi.,
'89,.,
*94. ..
78, '73.
78, '80..
ft Bur. Co. «8. '97
Catawissa, Ist M. conv
Cam.
m,
do
ist
,
82. . .
'83....
112'
112)4
115
:15
128
31
895(
MX
lis
104
34)4 34X
70
do
do
lliittle
82
5s
-r
Ham.
ft
D., 1st
do
do
M„ 7,
2d M.,
80..
7. '8.5..
3dM.,
8,T!..
Indiana, 1st M., 7
do 2d M.J ",1877..
Colum., ft Xenia, Ist M.,7, "90.
Dayton ft Mich., Ist M„ 7 81..
do
2d M., 7, '84..
do
3d M., 7, "88..
do
do
do To'dodep.hdB.7,'81-'94.
Dayton * West., Ist M.,7, 1905,
Cln.
ft
do
do
Cln.
Ham.
Davton stock..
ft
..
Ist M.,7,
C* Lex..
Ist
ft
Fr'k.,
do
ScbnylklU.lBtM.,?,
91
108
90
95
92
S7
:oo
101
80
96
82
97
*2M 93
98
15
84
94
94
91
83
88
88
73
81
S7
05
88
92)4
100
!:«
8.1
96
95
92
89
89
9U
fO
82
88
70
89
93
83
81
85
82
'97..
M., 6, 'iO-'78..
90)4
VU
87
94
84
8S
1'9
•
ft
do
85
40
common,
Nashville
94
63
79),
80)i
ST. I.01JIS.
6b
do new68, '9B
do reg
do
do new 78, reg.,
88
102
(^oluinbns* Xcnla stock exd. 1:6V 1(7
45
Dayton ft Michigan stock ex d 13
8 p c. st'k guar 105)4 l(6X
do
ex. d. 106)4 .07
Little Miami stock
Louisville
'88... .
7s. 'tO.
Long Bonds
Short do
Water6a,gold
do (new)
do
Park 6s gold ........
Sewer SpeclalTaxts
'
Nortli MiSBOUri. Ist M.
2d M.
do
8d M.
do
81,
?8t mort. 68, '83
102K
H.& B. T. Ist mort. 78, '90
2d mort. 7b, 'JO.... 35
de
3d 111. cons. 78, '95.
do
Junciion Ist mort. 6s, '83
do
1900
8d
do
Lehigh Valley, Ist M., 60, 1873. II 'IM
do
CINCINNATI.
Jetfer8on.,Mad. ft Ind
Loulsv., Cln. ft Lex., pref
Harrlsburg
92)4
9(1
96)4
156
.
80),
.
chat. m. do
do
new 78, 1900
do
Connecting 6s 19(0-1904
East Penn. 1st mort. 78,
91"
96)4
Loulsv. Loan.fi.'Sl. 86
do
L. AKash.lstM. (m.s.) 7.'77.. 92
do Lor. Loan (ui.B. 16. '86- '87 c3
(Lcb. Br.) 6, '86 e2
do
do
do IstM (Mem. Br)7, '70-'75, 95
do lstM.(Leb.br.ex)i, 'S0-'85 91
do Lou,L'n(Lcli,br.ex)6,'9i 82
Consol.lst M..7, 1898.... x9I
...
do
fcs.
2dm,
91
95)4
68
do
7-308
do
Hani.Co..Ohio6p.c. ongbdt^
do
do 7 p.c.,1 to5yrp
I., i.,in
ji, r do.
,.90b
do Ig
bds, 7 &
do
Covington ft Cln. Bridge
Louis,
"75
Allan, Ist m,
W'msport,
do
Connellsv., 1st M .,7, "98
1st M., (I. ISS'.'
do
Loiilsv.
M.,'87
.3d
Camden & Aroboy, 6s,
El. ft
&
56
«5
W'ater6s, '87to '89.. 34
do
Water Stock 68, '97, 52
do
82
81
Wliart
68
do
82
special tax 6s of '89. 81
do
9a
96
,lefl.. Mad. & T.l8tM.(I&M)7, '81
do 2d M.,7,,
'&^ W>i
do
90
do Ist M., 7,1906....
do
fs
do
!8
98
98
11=9(1
L.OIJI»iTII.L.E.
lJelvidereDuiaware,lfitm,6,'77
ft
99)4 100
68,".90(>
do
West Md, IstM., endorsed, 6, '90
Ist M., unend., 6, '90..
do
do 2d M., endorsed, 6, '90.
Baltimore & Ohio stock
Parkershurg Branch
Central Ohio
preferred
do
coup.
BAILBOAO BONDS.
Camden
!13* 104
IX>uiBvlile6s.'82to',37.
Be, '97 to '98,
do
Jersey State
Alleghany Valley
O.
Little Mlaml,l8tM.,6.188S....
00
Ki;
l(M5l
68
78
Delaware State
&
J.
(I.ftC )l«tM.,7,188S
do
June, Cln. & Ind.,l8tM..7,'85.
AUerhany City 68
Pittsburg Fs
do
do
95
1st M., 6, 1905,
Ind., Cln. ft Laf., Ist M., 7
98>4
101)4
new
Alleghany Connty,
103X
6s of '75
18S4
do
PHIl.AI>BE,PHIA.
Phllaflelphla 68, old
116)4
:iiO
(in
78, '97
68, '93
6s. p.b-, '9'
do
do
do
.
RK.8'8
.
do
Northern Cent., let M. (guar) 6 94"
do 2d M., S. F.,«,'B5.
do
do 3dM.,S. F..6,19(« 90
do
do
do .3d M. (T. *C)6.'77
do Cons, (gold) 6, IMO
do
Cln..
.
ft Ii..
Tb, '91
Ist
68. '83..
lBtin.68.'96
Cincinnati
Clev. Btock.
ft
78, '96
Pitta.
ir.ix
111
130)4
Connecticilt River
Kallrnad Stocks.
«ew York ft N. Haven 68
Boston, H.
ts
.
.
2dM
do
do
do
o
oo
do
US
90
Quincy *
Kansas City ft C.. 10s
•M
St. Jo.ftC.Bl. IstM., 108
8 p. c.
do
92)4
do
10
Mo. R., Ft., S. * Gulf, stock.
1st. M, 106
90
do
do
S4
811
2d M.,10s
do
do
;cix
stock
10
20
Gal.,
Leav Law. ft
Ist M., 108.
90
do
9!>4
do
98"
.W
Air Line, 8b
UO
Michigan
97
102)4
JackBon, Lansing ft &..8B
95
8s...
t*'t. Wayne, Jackson ft S..
"
38
Gr». -1 Rapids & Ind, guar. Ts. 104
93 K
plain 78. 91)4 M
do
IW
&
P. .Icrvl6 7B, gold SO
85
Monllcello
96
100
103
Grand River Valley, Ss
101
95)4
Chic, ft Milwaukee Ist Mort...
Joliet ft Chicago, Ist Mort....
Chic, ft Gt. Eastern, Ist Mort..
Col.. Chlc. ft Ind. C. iBt Mort.
do
do
2d Mort....
Tol., PeorlB ft Warsaw, K, D.
do
Detroit, nillsdaic
Burl.
lowadlv
Ctn., 1st
93)4
80
83>4
Snnd«aky
Concord .^.
m.
cliester cons.
97)4
97
96
97
97)4
10(iX
1:0
90
66"
85
Central Ohio, let M.. 6
99)4
Marietta ft Cln., let M., 7, 1891. 99
2d M., 7, 1896. 91), 92
do
do
68.
Cln..
:o8X
Park 68
Baitimcreft Ohio 6b of '75
do
do
68 ot '90
do
do 68 ot '85
do
(N. W.Va.)2dM.68
do
3dM.6»
Boston ft Albany Block
Boston & Lowell stock
Boston ft Maine
Boston ft Providence
Cheshire prelerred
•
..
St. L. ft Iron Mountain. Ist M.
Mil. ft St. Paul, 1st Mort. 88..
do
do
do
7 3-11
do
do 7s gold
do
do l8i Mort
do
do
m 78
96'
!
.
93
93
100
—
m
cute,
ft
Nashv.lst
Bi
do
.
i0l)4 ICIS
Chic. K. Island ft Paciflc
i03
101
Morris* Essex, Ist Mcrt
96
do
do
2d Mort
S7K
Hew Jersey Central, Ist M., n 103 lO^x
do
do
2d Mort. 100
New Jersey Southern Ist 73
W.
82)4
32)4
1.2
Cs, g.,!9".0.
Baltimore
do
do
North Am. 68, gld
m" Connecticut ft PasBumpBlc, pf. 91
Southern Minn. 8s
80
108
EaBtern (Mass.)
.07)4
Des Moines Valley ts of 1857... 80" 82X Pitchburg
do Laud Grant, 40
do
45
Manchester ft Lawrence
I.onlFlana ft Mo. Riv. 1st m. 73 tax 'J2X Nashua ft Lowell
98
Keokuk ft St. Paul. 88.... '" 95
Northern of New Hampshire..
98
95
Carthage* Bu:. Ss ...
98
12451
Norwichft Worcester
95
95
Dixon, Peoria ft llnn.,88.
9S
M>4
Ogdens. ft L. Champlain
89 S
Valley
88.
95
96
&Fox R.
pref....
do
do
HA O.O.
Warsaw, Bb .. We 100 101
liSK
Old Colony ft Newport
ii% Quincy ft
100
lOi m.
111. Grand Trmk..
ISO
'ort.,Saco ft Portsmouth
9U
Dub. & Minn.. 8».. lo- 82)4
5
tutland common
M Chlc
96)4
Peoria ,t Hannibal R 8's. .,
preferred
do
94 >«
97
Chicago
ft Iowa R. 8*8...
Canada
Vermont
ft
90^ Omaha & Southwc'tcrn KR.
90
:«>, Vermont ft MaBsachusetts
67X
.
.
V.
II ft
ft
,
.
flits., r
m
W.
2d
Ps.
7s, gold..
ft Chic 78. gld
ft Padu. 88 con
ft
Midland
'93
1910 ICiX
reg..
BAI.TIinORB.
9j!li
do
95
'0
TH
do
Maryland 6s, .Ian.. A..
do
6s, Deience
100
Municipal 7s
do
Portland 6e, building loan
Burlington ft Mo. L. 0.,7
Cheshire. 6
,
Cln., San. ft Clev.,lBtM., 7, 6.
Kastern Mass.. conv. .6. 1874...
Ogdensbuigft Lake < h.Ss
Hartford ft Erie, Ist M (new)i,
.
New Jersey
61),
Verni't Cen., 1st M., cons.,7, '81
do 2d Mort., 7, 1891
Vermont * Can., new, 8
Vermont * Mass., Ist M.,6,'83
Connecticut Valley 78, gold.
Moiitclair 78, gold
Chlc, Danv. ft VIncen s 78, gld
Indianapolis, B.
S4
2)<
do certiflcates..
9:« Old Col. ft Newport Bds, 6, '76
85
do Bonds, 7, I87i.
do
-.
Rutland, new, 7
Chi. ft Southeftfltern Hit. 7'8..
Del., Lac. & West., conv. 7s ..
Eur pean
Ist
do
Tol.
i66"
99Xi
do 2d M. pref
do 2d M. income..
Chle. & N. Western S. Fund..
do
Int. Bondf
do
do Consol. bds
do
Extn. Bds
do
do
do
1st Mort..
do
2h
51)1
Gold
do Ss.gold
tjhlcago Sewerage
c.
do
Wllmlng. ft I(e8d.,lBt M.,7, 19(10
do
do 2d Mort 1902
Pitts., (in.* St. Louis 7s
Reading Coal ft Iron deli. b.
mort. b
do
do
CANAt BO^Da.
Chf Bapeakp ft Dela. Pp. "8-'...
Delaware Division 63, '^<
Leh:gh Navigation f',"i1
liU. '«;...
do
conv.. '71
do
BOSTON.
'
105
8'8 99
ct., 1875.
ii9;(
68
.S"ew iIampBliire,6s
Verinont 68
58,
78, 'Sn
conv.
WcslernPenn
Maine
do
92)4
«ox
deb. bonds,
g. ni. 76,
do
do
MassachnsettBes, (Currency...
6s Gold, 1876...
do
1st. 6b, gld,
7'8, end
do
do
97k Southern
Paciflc RR. 6'B,gold.
98«
Atlantic ft Paciflc RR. 6'b gld.
I'Jl
Cen BR. of Iowa. ;st M, 7's gld
•01
2d M, 7's, gld
do
Wi
n
Oulcksllver prelerred
New Central Coal
91V
'80
'«!>
Phlla. ft Snnhnry ist m. 78...
Phil.,Wllni.ftBal..68,'84
Kiin'.-r^ ,* t^rlPlst ttt.7F,'i7,
Snnbury & Lewiat n 78
.
Delaware* Hudson
8SX
Lnion Paciflc Ist M'geBonds.
Pekin ft J. :st m, gold
Land Grant, 7s.. 8u« 80^ Peor'a.
do
Walklll Valley 7s, gold
iOM 8;
Income lOs
do
Bur., C. api<i.»ft Minn. 7s, gld
Illinois Central 7 p.
100
;o
Pennsylvania Coal
Spring Mouutaiti Coal
Wilkesbarre Coal
Canton Co
91
ft Miss. Ist 7's. gld.
Hockfor'l.R.I.ft St. L. 7s, gld
Peoria ft P.k. I. RR, 7'b, gold.
Port Huron ft L Mich. RU. „s
OilH
.hI
West Jersey
Lake Sup.
9J
luu
Central Pacliicgold Bonds..
Oregon.
Jos ft Denver E. D., 8s, gold ;oo
Danville ft Urbana. Ist. 7s gld. 92 s
IndlanapollB ft West, Ist, 78 gld
98"
Detroit,
Monroe & Tol bonds.
Eiie, new bonds ...
ft
96
DS
Reading 6b,
do
-s,
ft
do
do
do
do
do
do
•.i'i'
Warren &F.
St.
98
Philadelphia
pref
Canal....
Atlantic Mall SteamlBlp
.Mariposa Gold
pet'
do
Irusteee certll
do
9>l)4
reg.
Ist m,rB.'97
Erie ist m. 6b, '81..
2d m. 7p, '88,.
American Coal
Boston Water Power
S^
100
1K75...
do
do
Cumberland Coaland Iron...
^..
Maryland Coal
N. J. La"d Improvement Co.
.
7s, 'S9,
7b, '96-1906
M.,6, 1'SO..
2dM.,6,
&
I'hiitt.
9(H4
Consolidated Coal
95y
ist M. (gld) 6, J. ft D
64
do
.1 ft A ssx
l8tM.(gld)6j,r.
do
cnr 81
)stM.(t.eav.Br)7,
"".(Lc,
do
'^
loav.
«i
M.j
nt.t
I,
89
Lan<LGr.My7,
juaiiu
do
Inc. Bonds, 7, No. 16.
do
>fo.ll....
do
38
do
95
Denver Paciflc KR ft Tcl 7b
K. ist M., 1877....
W estern.
ft
Ist
gen. m., conv, 19:0
mscellaneons Stocks
.
Hud.R.7s,2d M.S.F.1885
78, 8d Mort., 1875
do
Harlem, 18t MortKHKC 78
do Con. M. * S'kK F'd 68.
Albany & Su8qh*a, 1st bonds.
2d do ..
do
do
3d do ..
do
do
U6
Mich. Cent., Ist M, 8s, ISSi
Ohlc, Bur. & CJ. 8 p. c. 1st M..
itlch.so. 7perct. 3d Mort....
1. 8. F. 7p. c...
Mich.S.
CleVe. * Tol. Slaking Fund
Cleve. & Tol,, new bonds
JJufl'alo
78
Missouri Pac, 68, gold
8,S"
Atchison ft P. P /i, 6a gold
65
Oaiitornia Pac. RK.7'B, gld.... '.MO
gold
7'8,
188;,
:m
Central Paciflc.
State Aids, 7'B. no
do
Weatern Paciflc, 6b, gold
91 K.
Kansas Pacificist M., (gold) 7. ;o:
EndorBed..
do
do
1879
do
do
1880..
1888..
do
Bonds
75
Warren
Mo. 7b
St. .loseph.
WA
Brie 1st MortKage Extended.
Toledo. Wab
N. T. Canal
Perkiorrcn
BoBt (Stoningt.)
Ft W. ft Chlc. .guar...
special..
do
do
Rensselaer & Saratoga
Rome, Watertown ft Ogdens.
St. Louis, Alton ft T. Haute...
pref.
do
do
St. LoulB * Iron Mountain....
St. L., Kan. C.ft Northern pief
South Side, L. I
.,
102 H
90
7*8
do
97
Cleveland, Ohlo,6'8 various... 94
various...
7*e
do
do
99
78.1876
ft
lllghtatown
ft
scrip.
MlBsn^sipnl, prelerred.
ft
&
Penn
do
do
do
PltiB..
at
Cincinnati 7-30's
Chicaj;o6'B
subscription
conv.
N.Y., Prov.
Ohio
the N. Y. Hoard.
90
do
do
'82
Pern.
Pennsylvania,
;2«x
,78, i:old,'71
Uouds notiluoted
91
68,1887
6b, real estate..
78,
102 >«
Y„Ncwrf ft London Tel..
& W..rBaw HR....
1U.-)K
T.CeutialSs, 18S3
68,
69)4
UI2
Canal ist M
Atlantic ft Orcnt West. Ist M.
2dM..
do
do
Morris & E'sex 7s of 1871
Railroad Bonds.
do
do
do
do
do
do
New Jersev
New Jersey Southern
New York* New Haven
M.
Chic, ist
ft
Oil Creckli-t m.7s,
pref.
,
Ind'slst M,:s,S. F,
Cln., Lafayette
Del. ft Hudson
6b, 1873
68.1878
do
68,1883
Jo
78,1878
do
Bounty, reK
Tork
New
do
do cou
68, Canal, 1873
uo
1874
do
do
68,
1875
6s,
do
do
do
1877
do
68,
1878
6s,
do
do
1874
5s, do
do
N
—
Lafayette. Bl'n ft Miss, lei M.
Pekln. Lincoln ft Decatur lst.M
an. ft Cent.Misouri Ist M..
War Loan
.
preferred
let
do 2d
do
Morri" & Espex
Mo. Kansas* T
Kansas Paciflc Inc. 78. No. 1*1..
Cln.ft Sp'd ist M, L'ld, i: C C ft I
do
iBt M, gld, L S & M S
LaCrosBcft Mil. SB, 1st M
OS, 1886
UlcIllKan
C.&
Chicago
ft
Long iBland
Marietta ftCln.,
ft St. Peters. Ist
NashvIIlR ft Decatur: 8' M,78.
lii'o
Indiana
M
Winona
93
Northern Central 2d m, 68,
do 2d m. g. 6b, I'JtIO 9!!>4
do
K
do
do 2d m. 68. 19(0.
68,
'85....
North Penn. ist m,
OCA
do
2dm. 78, '96
9;x
lOs. chat.m., '77
do
Oil Creek ft Al. R., ron. 7b, '88.
Illinois Central
Joliet
Btdv ABft
AND BBOnSfTfBB
'8.'..
N. Haven
scrip
do
ft
do
conatruction.
do
Tefferson KK. Ist Mort. bonds.
K. enn.. Va. ft Ga., 1st M., 7b.
68,1881
do
Hartford
do
Island «8
BTOCK8
Harlem prel
..
West. Union Tel., 1st mort.
Lou< I land HU ist M. 7s....
St. L. Jacksonville la Chic. 1st
South Side, L.I, ist Mort. 78..
Sinking Fund..
do
Morris ft Essex, convertitile...
(U.S. Bonds quoted before.)
Missouri 6B
t>nc.k& Im.Co.7.'«fi.
8TOOK5 AND BBCUBIT1B8.
48)4
98)S
99
1910 101
IST!.
1(13
iC3)4
Louis
do
io
do
do
do
6s,
6s,
Pacific (ofMo.) 1st M.,gld, 88.
Kansas Paciflc Btoelc.
Missouri Paciljc dp..
90
92)4
101
99
97
92
92
50
9)4
£9
90
18K !3X
IC8
—
Sdptember
THE CHRONICLK
7, 1872.1
LATEST
IN'rEL,L,IORIVCR
The
iUo nit or.
®l)e HaiUuajj
OF STATE,
OITlf
AND
KAILROAD FINANCES.
Under
this title
the
New York
Nation recently published
We do not agree
reproduce
tlie
able presentation of the ideas entertained by
take their view of the nilroad question. It is quite
as an
article
those
who
possible
that
railroa
1
partB of this country, but
ity of cases
has been overdone in some
equally true that in a large major-
building
it is
where there has yet been any default in interest upon
it has occurred from fraud, extravagance, or inca-
railroad bonds,
pacity in the building or
management
of the roads, and not from
under a strong and economical administration. In regard to the stock subscriptions which constivute a large proportion of the cash resources with which many of
our Western railroads are constructed, they are made by individuals, or by counties and townships through whose lands the
respective roads ^ass, and are regarded virtually as a gift rather
than as an investment to be repaid with interest. The theory is,
inability to earn their interest
that for every $1,000 subs ribed, the property of the individual
or the corporate body is increased in value more than the same
amount.
In the case of individuals
probable that they limit
it is
cost of the railroad system of the country hag been at
least three thousand millions of
money, actually ex|>ende<l
in construction.
The gross annual earnings of this nystem
are about $455,000,000, of which not more than 83 per
cent can be set down to net profit, or a total of $150,000,l;00 beini{
exactly 5 per cent on the cost. The system is, in fact, a thorough
lottery, and hence probably one great cause of its attractiveness to
investors.
What with dividends in money and dividends in s'Tip
and rapid fluctuations in value what with the noise made over a
—
RAILROAD INVESTHIENTS.
an interesting article which we copy below.
with all the conclusions of the Nation, but
323
their sub-criptions to what, they will be able to bear
;
but
when
;
few great successes and the silence preserved as regards numerous
public is thoroughly dazed and bejuggled.
and poor as they are, are inexorable. In his
recent " Manual," Mr. II. V. Poor has tiven a table, very incomplete and far from correct, but yet sufficient for present pur|X)se8,
of 364 railroads. Of these 104 only, or less than one out of three,
pay any dividends on stock at all; of the 104 divideud-paying
enterprises, 4 pay dividends of over 10 per cent 30 pay 10 per
cent
39 pay between 7 and 10 and 30 pay less than 7. The
remaining 200 pay no dividends at all. Dividends on capital
stock represent, however, but a small portion of the net earning*
of the system, the great bulk of which is necessarily devoted to
the payment of interest and t) development. As regards the
proportion which their reported net earnings, whether devoted to
failures, the general
Yet the figures, few
;
;
;
dividends or however applied, boar to tho entire coat of their
construction, the roads of Massachusetts ajjpear to be the most
prosperous in the country, their percentage rising as high as
8.41; Pennsylvania comes next with 8.3; Connecticut reports
7.10; New York, 7.5; while Ohio, the only other State which
furnishes reliable returns, falls as low as 4.9 per cent.
It is in the extreme West, however, that the railroad development is most rapid, and that the greatest inducements are held
out to Investors. How far the railroad mania has there gone, and
what a surprising lottery it has become, is, in the almost
We are,
total absence of reliable statistics, not easily estimated.
however, not wholly in the dark on the subject. Take the State
of Kansas, for instance. In 1864, Kansas possessed 40 miles of
railroad, all newly constructed in 1871, she boasted of 1,760 miles,
having built 200 miles in that year and 570 in the previous one.
She now possesses, therefore, 154 more miles of completed road
than Massachusetts, and a little more than half as many as Ohio.
These railroads were mainly constructed out of the proceeds of
the sale of bonds, many <)f them, it is true, fecured on valuable
land grants, but all of them beaiing a high rate of interest, ranging, indeed, on their cost price as originally issued at from 9 to
30 per cent. How is this interest to be earned ? What burden,
in other words, does a reasonable remuneration for the cost of
this mushroom railroad system impose upon the people of the
State ? Upon this point we have the means of arriving at some
conclusions not Very exact, perhaps, but withal exceedingly
towns or counties issue their bonds, frequently to an extent which
is in enormous proportion to the number of their population, the
burden of taxation is certainly o-erous, and will in some cases be
evaded. la this connection the radical views expressed in the
recent letter of Mr. Charles O'Conor are, at least, interenting,
since be is so well known as one of the most distinguished lawyers and despest binkers of this country. Mr. O'Conor attributes
nearly all of our political evi's to the power which governments
possess from the United States down to the smallest township
of borrowing money. He says " Existing Indebtedness should, indeed, be held sacred p nd to the last cent faithfully redeemed but
the power of borrowing money on the public credit, either by
paper ssues or otherwise, should be absolutely annulled. Neither
suggestive.
the Federal Government, nor any other down to the smallest civil
Kailroads, as a matter of course, have to draw their income
division of a State, should possess it. It is inconsistent with the from the community they servo. The population of the United
States, for instance, is in round numbers 38.000,000. and its railperpetuity of free republican institutions
it is th^ very life-blood
Upon an averroads earn a gross annual income of $455,000,000.
of aristocratic rule, for it fetters labor as the bond-slave of ^capital.
age, therefore, each inhabitant of the United States pays within a
Pay as you go is a maxim not less ftound in political economy than few cents of $12 per annum to the support of the railroad system.
in private affairs.
If adopted, peculation must cease to pervert
Few States have carried the science of railroad statistics to a sufgovernment, and war coi'ld no longer lend legal sanctions to ficient degree of excellence to enable us, so far as their inhabitants
are concerned, to verify this average with suflicient accuracy. In
cruelty and oppression. The power to borrow money is mischievMassachusetts a wealthy manufacturing community, with a
ous just in proportion as the Government is liberal in form and as large suburban trade the average payment of each inhabi'ant Is
the nation is prosp rous. The very" constitution of human na- $13 90; in Connecticut it is $13,60; in Pennsylvania, where the
ture precludes any effectual regulation of it in a monarchy there returns are less exact and an enormous coal traffic is carried on, it
it falls below the average to
may be some supervision, but in a republic the tendency to abuse is reported at about $48 in Ohio
These aje all old and wealthy communities, and two of
$11.40.
is absolutely incorrigible.
GovernmentT restrained within the thorn at least, Pennsylvania and Ohio, are Slates through which
limits of absolute necessity, may be supported by moderate taxa- passes the bulk of the through or transit business of the country.
tion still, the nature and amount of the taxes imposed sBould With this annual per capita contribution these States, as we have
seen, succeed in paying on the capital invested in their lailroad
always be patent. They should be plain, visible, and palpable."
systems a moderate annual remuneration, varying Between 4.5
The article in the Nation was as follows
and 8.4 per cent. Yet Massachusetts has to-day some 10 per cent,
Railroad securities now constitute probably the most popular fewer miles of railroad than Kansas, with, as nearly as may f)e,
form of investment of a personal nature open to the people of the four times the population and seventeen times the wealth. To
United Slates. A sort of mania as regards them may be said to render the railroad system of Kansas equally remunerative with
-exist.
This is very clearly shown in the rapid development of that of Massachusetts, each of its inhabitants ought to pay to its
our railroad system, which is now progressing with an almost support $61 annually; to render it equally remunerative with
incredible rapidity. As recently as the last Presidential election that of Ohio, each should pay $41. Each does contribute, as
in 1868, tlie greatest amount of railroad construction in any one nearly as can be ascertained, about $17 60, or an annual aggreyear had been in 1800, the year preceding the memorable panic. gate in round numbers of $0,400,000. This is 'he gross return,
It then amounted to 3,043 miles, costing probably $140,000,000,
and evidently in view of the wealth, products and business of the
It would at this time be interesting to inquire how far so great
Meanwhile, the
State, all that its inhabitants can now pay.
a withdrawal of the active wealth of the country from immediate Kansas roads report a capital iu stock and indebtedness of
circulation, and its permanent investment in a form temporarily $95,000,000, or only a trifle less per mile than those of Massachuboth unprofitable and inaccessible, contributed to the crisis of setts, of which amount no less than $58,000,000 is in the shape of
1857.
In a greater or less degree, however, it was unquestionably interest-bearing securities, as against less than $18,000,000 in tho
one of the immediate cause.s of that 'atastrophe, which was at older State. At present, therefore, the railroad system of Kansas
once followed by a falling off in railroad construction, until in would seem to be earning in gross a little less than 8 per cent,
1801 it had almost ceased, being reduced for that year to 621 per annum on its capital stock and indebtedness, instead of 39 per
miles. From that period it gradually but slowly began to revive, cent, as in Massachusetts, or 17 per cent, as in Ohio and its earnuntil in 1869 It reached 5,000 miles, and 7,453 in 1871. The per- ings on its debt alone, without allowing anything for the cost of
manent investment of the last year in railroad development, and operating, are but 11 per cent., or hardly, if indeed at all, sufthe consequent withdrawal of wealth from active circulation, can ficient to meet its annual coupons. Yet he would be a very sanhardly be estimated at less than $275,000,000, though it must be guine man, and know but little of Kaupss roads, who would as a
admitted that a considerable portion of this is foreign capital.
permanence allow much less than 00 per cent, of this amount for
With the columns of the newspapers crowded with advertise- operating expenses. There remains, then, about 4.5 per annum
raents of bonds pressed upon the market at ra'es of interest vary- on the amount of bonded indebtedness alone as the total net earning between 7 and 13 per cent, most people, even those tolerably ings. In {other words, as regards Kansas, the future has been
well informed, would be somewhat surprised at being told that frightfully discounted. Instead of earning the interest so liberrailroad securities in America are not more profitable on the ally proEiised, the roads of that State are as yet realizing but a
whole, while decidedly less secure, than the bonds of the United low remuneration on their actual cash cost. The process of railStates.
Yet such is indisputably the fact. United States 5 per road construction is, however, still going on as actively as ever in
cents (gold) are now Belling in the neighborhood of par (gold). tdat State.
;
i
—
:
;
—
;
—
—
;
;
;
:
;
)
THE CHRONICLE.
324
[September
7,
1872.
penses are $415,430, leaving $344,639 as the net earnings. Deducting the amount paid for taxes and interest, a balance of
$111,113 remains. The annual meetings of the company will
liereafter he Held in the second week in January.
Western Freights.— The freight rates of the Western trunk
line, which went into eflTect on the first of August have again
been changed. These rates were adopted for the purpose of
equalizing the tarifl's of the various roads, and to exhaust the
contracts that had been made under them. Consequently the
opening of the fall season is met with higher rates of transportaThese new rate.s, however,
tion from ihe seaboard to the West.
are not the regular winter prices, for they are full twenty per
cent below the tariff that was adopted last winter. The new rates
are on the basis of $1 to Chicago, whereas those of last winter
were on the basis of $1 35 to Chicago. It is understood that the
new rates will be continued for a month at least, when the regular
winter tariff' will be adopted. The following are the new rates
on the Erie, New York Central, Hudson River, and Pennsylvania
course of reasoning might be extended to other West
States as well as Kansas, though nowhere else, probably, has
the process of railroad construction been so thoroughly overdone.
The rule here applied is one of well nigh universal application.
No railroad system can be considered well established whicli calls
upon those whom it serves for a larger per capita contribution
than, at the most, |20 per annum. More than this no people can
pay, and, under ordinary circumstances, no people should be called
upon to pay so much. Where, however, tlie amount necessary to
a reasonable remuneration greatly exceeds this sum, it is not
unsafe to conclude that a long period of extreme depression and
embarrassment is impending over the system Involved unless, as
in 1857, a financial crisis, by sweeping away the rotten superstructure, puts railroads and community in a position to start afresh.
In these times, when it seems only necessary to buy a railroad
bond to ecure an annuity, it is well to remind a credulous public
by no means seek to imply that
of these stern realities.
much money has not been made, and will not hereafter be made,
and that, too, in the immediate future, in railroad enterprises.
In the face of existing facts, such a proposition would in no way
be tenable. What we do mean to say is, that a form of investment always hazardous, and returning at best many more blanks
than prizes, is at this time more hazardous than usual, and its
see no reason to suppose that any
risks are daily increasing.
general panic or financial crisis is now immediately impending
over the country at large. On the contrary, a financial condition
which stood firm under the shock of the Chicago fire cannot be
otherwise than sound. But unless we are greatly deceived, within
The same
em
'
;
I
We
Railroads,
which went into
effect recently
""ist.
Bloomington,
Chicago,
$1 18
1 00
92
1 58
80
87
III
111
Cincinnati, Ohio
Cairo, 111
We
the next few years a great many very handsomely engraved railroad bonds will go to protest, and certificates of stock by the
million will find their way into the hands of the trunk-makers.
It is very improbable that the United States can construct for any
length of time 7,000 miles of railroad a year without getting more
thau the people now on the soil can conveniently support. They
apparently need some $10, or even |13, of railroading apiece each
year they may even tolera'te $15, and perhaps $30, but when
they are called on for $30, $40 or ,$50, it will assuredly be found
that they are getting altogether too much o'' a good thing.
NaHbville and Cliattanooga.— [Nashville and Northwestern.]
The annual report of the officers of the Nashville and Chattanooga and N. & N. R. states that the State Commissioners allowed
the company a credit of $700,000 in Tennessee bonds, for claims
by the company in operating the railroad under the agreements
of lease, &c., iind this compromised and settled the matter.
$375,000 has been spent in imoroving and equioping the road
since the purchase $500,000 will be required to finish the track
in first-class order. The amount necessary to finish renewing and
equipping, &c., will be Average cost of $3,400,000 of Tennessee
bonds at C7c., $1,608,000 amount expended since purchase,
$375,000 amount necessary to complete and equip, $500,000
interest for one and a-half year, say $317,000 cost in money,
$3,700,000, or $15,780 per mile, furnished and eqipped.
New Haven and Northampton.—At the annual meeting of
the stockholders of this company, at New Haven lately, the
annual report was read. The total receipts during the past financial year were $660,060, of which $439,937 was from freight,
$177,554 from passengos, $13,398 from express, $13,318 from
hoisting engines and $7,887 from mails. The total operating ex;
—
;
:
;
;
;
;
Columbus, Ohio
Dayton, Ohio
Detroit. Mich
Evaneville, lud
Fiji't .VnjTie, Ind
Grand Hapids, Mich
Indianapolis, Ind
Keokuk, Iowa
Kalamazoo, Mich
87
100
95
33
94
1 13
94
98
1
Logansport, Ind
Lafayette, Ind
Milwaukee, Wig
100
Memphis, Tenn
1 52
Tenn
133
Naohville,
Newark, Ohio
Pittsburg, Pa
Peoria.
80
65
12
1 2S
92
1 28
72
1 02
77
1 08
76
Ill
QuiBcy,
1
111
Richmond, Ind
Louis,
St.
1
77
1 14
Ky
Loniaville,
I
:
2d.
$1 01
Mo
Sandusky, Ohio
Terre Haute, Ind
Toledo, Ohio
Viucennes, Ind
Zanesville, Ohio
3d.
78
70
64
90
56
90
83
15
72
79
61
54
80
61
f.9
oa
78
90
85
1 21
84
1 02
85
88
90
1 37
1 20
72
59
1
58
36
39
.35
6:3
51
48
55
39
45
43
86
42
55
42
44
52
78
52
65
52
64
55
86
75
44
36
62
73
91
&1
91
45
72
64
36
30
50
61
41
61
32
46
51
73
S9
50
42
60
43
50
72
54
76
53
92
—
41
70
44
48
42
09
70
08
95
56
46
78
83
IB
65
69
97
69
51
81
66
1
50
45
62
55
70
66
96
66
1 01
1 16
1
4th. Spec'l.
35
49
— Daily Bmletm.
34
Advices from London state that negotiations are pending and
quite near a satisfactory conclusion for the disposal in that city of
tUe ten million consolidated 7 per cent gold loan of the city of
New Orleans, authorized by the Legislature of Louisiana for the
conversion and funding of the present indebtedness of the city.
The expected takers are Messrs. Crossley & Co., carpet manufacturers, who are to pay the equivalent of about 85@90 per cent in
currency, the exact terms not being disclosed as yet. The currency 7s of New Orleans have advanced nearly 10 per cent since
these negotiations were commenced.
—
The highest price of Erie stock in August was 53f on the
33d, the lowest price 44^ on the 16th. Pacific Mail was highest
at 76i on the 1st of the month, and lowest at 73f on the 13th.
•These have been the most active speculative stocks for some time.
MONTHLY EARNINGS OF PRINCIPAL RAILROADS.
Atlan
ic
1871.
(.585
m.)
$330,469
340,616
395,764
360,916
371,375
369,010
374.2.33
410,606
&G. W.
— Chicago and
1872.
(585 m.)
1870.
(431 m.)
351,-342
J281,108
^:
388,964
461290
440,457
435,192
482,987
.May..
.June.
324,210
372,397
316,0:36
.342,896
348,039
408,6 6
JL408,658
s" 418,709
'^506,680
497,519
475,608
441497
441,197
1404,263
404,263
534,183
507.617
473.227
455,608
g.1 377,687
4,849,404
5,278,910
435,f44
4.35,501
417,903
472,110
f
I
5-33,655
.
1871.
m.)
1872.
(471 m.)
$218,736
•-'54,319
2:36,-341
2.38,843
:327.404
29.5,160
319,964
285,416
284,732
475,351
387,540
329.270
304 128
370,6.54
»85,10:i
269,559
286,637
285.406
&
St. L.
1871.
(210 m.)
$126,218
122,372
144,637
129,590
117,664
114,786
118,016
131,489
141,165
175,792
.Ittar...
April.
Iron Ut.
1872.
(210 m.\
173,707
166,292
182,055
178,683
187,<'25
180,786
181,240
1872.
(390 m.)
f5:36,499
592.223
571,836
$272,826
273,752
:327,538
87.5,762
.320,881
949,598
672,358
280,698
277,406
288,775
319,069
866,227
385,281
391,346
356,109
327,926
9,467,072
3,866,076
995,922
981,005
897,2:34
.Dec...
.
.
* Western,
1871.
(205 m.)
$59,815
.58,925
71,570
65,207
77,642
75,392
77,975
93,211
100,168
96,3o0
95.787
92,151
lUioo'a Central.
1872.
(205 m.)
105,076
99,441
1871.
(1109 m.)
642,466
$624,744
.
.529,617
.563,598
.
.
.Sept....
620,228
713,162
718.722
707,992
836,041
890,287
.Oct
.
125,286
100 868
.
.
1001,860.
.may.
..
.June..
July...
.Aug.
..
....
75:3,184
.Nov....
.Dec...
755,436
688,131
.Year..
8,401.142
P.& Wars' w.
1871.
(219 m.)
$79,969
71,743
76,958
74.717
94,709
86,860
93,268
94,637
104,545
94,907
1»72.
(248 m.)
108,188
100,439
105,4S6
102,191
117,904
94.522
90 070
127,852
St.
1871.
Jan
Feb....
Mar.
$191,789
April.
222,461
-May...
June..
224,;342
.
.
July...
.Aug.
..
.Sept....
l.'-''.427
100,831
.Oct....
.Nov....
UU804
.De<i..,.
,i
...(.
Louis,
(5:50 OT.)
JE9,tl('B
ilMM
18r2.,
(1109 m.)
Jan....
Feb....
.Mar...,
1 14,842
.April..
109.8:30
1,322,775
^1,222,140
•l, 175,295
1,006,.373
.
Ind. BI.
Tol.,
1871.
(390 m.)
.Oct..
.Nov...
Vear
Col.Cin.*!.^ ,-Kansas Paciflc^
1872.
(1,050 m.)
.Sept...
.
Clev.
1871.
(890 m.)
485,490
6!4,447
720,929
892,341
795,170
869,297
.July..
.Aug...
964,193
14 797.975
^PaclSc of Mo.^
3T8 021
:381,644
gj
St. Jo. Lake Shore
U.S.
1871.
1872.
1871
1872.
(275 m.) (275 m.) (1,074 m.) (1,074 m.)
$169,396 $1.50,4n7 $1,0B2,,595$1,27'-.,150
179,964
164,781
1,076,112 1,2,51,511
293,436
214,302 1,312,617 1,470,048
198..3:-i6
250,061
1,217,339 1,521,518
2:37,-560
187,361
1,190,1133
1,474,467
217,319
170,524
1,140,916 1,311,110
236,199
172,.357
1,1.30,847 1,804,443
291,815
1,295,369 1,440,8(3
297,243
1,368,948
301,913
1,402,597
252,497
1,:345,316
175,401
1,235,285
2,902,804
.329,171
-Jan...
.Feb...
372,316
466.097
&
Han. &
-Central Pacific1872.
(600 m.)
393,2:34
I
(.355
Alton
1871.
(511 m.)
$363,2:35
342,-369
.384,999
..XMuri
192,120
2.34,057
211,581
204,634
2:36,586
5.57,068
572,175
547,988
6:36,373
641,410
616,680
318,627
364,766
.366,960
378,493
,326,434
330,970
i87i:
(569 in.)
1872.
(669 »i.)
$418,755
442,665
486,990
.505,586
484,022
5,58, ,5:33
470,70:5
1,443,372
1,498,494
1,720,078
1,864,554
1,794,397
607,678
"
.593,641
505,314
327,431
400,149
483 881
0"2,367
6,58 018
481,113
628,660
582,802
587,434
507,050
815,345
841,150
644,625
473.296
H.
1871.
1872.
1872.
(530 »n.) (282 m.)
(282 m.)
$143,468
158,198
$2.39,380
124,810
140,471
245,110
154.697
165,969
303,978
140,.302
154,641
275,850
134,390
147,540
280,9.33
159,5+4
149,832
296,820
287,922
153,671
130,146
165,107
336,536
188,442
186,489
152,515
102,995
$365,174
:328,791
:)9.3,455
443,610
453,009
439,615
653,994
552,079
568,816
600,205
.531,080
.516,984
1,.560,023
1,685,243
580,432
594,769
488,349
565,728
& Cin
1872.
(251 m.
64
120,307
143,123
117,060
119,650
152,577
142,408
150,784
145.858
158,718
I22,261i
1.54,587
119,838
142.322
166,091
169.332
178,254
157,897
141,650
162,521
$1-31,1
47-1,188
Toledo, Wab
1871.
(628 m.)
1871.
(251 m.)
387,665
426,192
1,690,968
8,690,695
&T
1872.
(914 m.
1,335,146
1,270,096
1,391,564
1,596,698
1,729,211
1,463 .9f3
Marietta
Ml). ftSt Paul.
506,,««7
L.A.
1,25:3,955
1872.
1871.
(1,018 m.)(l,,018 m.)
$.396,760
460,985
529,8.90
St.
191,7:38
300,783
322,675
331,285
315 363
321,774
-Erie1871.
(846 m.)
$1,0.55,469
971,193
1,301,600
000
368,328
392,500
290,230
210,197
6,939.602
K C &N.
1872.
(672 m.)
189,606
:328
Hlcbis-an Cent.
480,847
427,096
422,015
1871.
(672 m.)
ia3,673
152.204
267,411
303,915
306,944
266,086
282,783
&w.
— Union
.
1872.
1871.
(628 m.) (1038 m.)
439,780 $479,57*
431,949
373,924
460,646
499,899
447,313
604,247
5 0,792
724.466
46-2,868
728,174
438,066
67.3,693
614,176
681,865
800,402
777,362
708.142
469,893
TMliMt
Pacific -'.
1872
(1,038 m.»
273,936
534,115
565,861
741,802
890.442
8:35,459
743,383
1
The (IHRONICLR
September. 7- 1B72,'
Kzport* or LeadlOK Articles ftroai N«ir Terk.
tollowiug table, compiled from Cnnom Houa« retnms, ihowi
the exports of leading articles from the port of New York since
January 1, 1872, to all the principal foreign countiieg, and bIko tba
The last two line*
totals for the last week, and since January 1.
»hnw total values, includinj^ tlie vaJue of all oti.er articles begideg
table.
in
tho
mentioned
those
Commcrciat ^imea.
®l)c
The
l7oMMEiicUAl7 EPITOME.
FiUDAT NiQUT.
Sept.
)^25
6, 1872.
The markfls for inercbandise (luring the past week have
shown a good degree of activi'y; the weather has been
pleasant, and the " season" for business
fully reached.
Some
sell
m<>ar}s general
naval
breads! ufis,
of
have been
ihe inclination to
;
has usually kept pace with the demand.
bacon,
-'
to
of the leading staples have advanced
by no
in price, but this is
seems
freights have advanced
;
S'-'icw
ai-N
wot—
•-«
"f"^—^
?;•-<*-•
tois
Cotton, sugar^
petroleum
stores,
and
ocean
cheese and highwines have
coffee,
"3B
«2~
13
vw
«
i;
declined.
A
Provisions have been variable.
large reduction in the
In pork
quantity of beef and pork in jard will be noliced.
the
reduction
August was 'about 10,000
exceeded 27,000 bbls., stmding on
and
bbls.,
durinst
the 1st of
from July 1st
Sept. some 30,000 bbls. smaller than[at tlie corresponding
Yet there i< little speculation, and prices
date last year.
4
o|
fit-
show
little
Of beef, notwithstanding the
advance.
in the stock that
falling off
excessive supply
has taken place, an
""
Is'
The demand, however, shows some improvement,
and considerable lines have been shipped to Gre&t Britain
on consignment. Bacon, notwithstanding a large production, has advanced, the most recent prices paid being 9c. for
long clear on the spot, and 8-^c. for short clear in DecemLard has ruled dull, but the fact that production is a
ber.
good deal reduced, while the demand has somewhat immarket.
Cheese has
been depressed by lower quotations from abroad and an
factories
Bacon also
spot.
and short clear for Dec. and Jan. 8^c.
8'^c.
freights
Butter
in
demand.
show a further advance
other respects are unchanged.
S
'SI
"
^U'"&^
:
g
:
Sg?
.
vo>
.»oa)
.
"^^O
r-ib»*
•
low
^
•
Sif
:
:
2952 — "'MO
Is^s;
v'of
o
.
To-day new mess pork closed easy at $14 10, and new
prime mess nominal at $12 50. Lard was dull at 9:^c. for
spot
:{:2
irf?
*'
Butter has been steady.
12@13|^c.
prime Western steam on the
•-
ac-
cumulation of stipplies here, the production being enormous
good to prime
'5B
.S"^
3SS
['3
latterly strengthened the
•lr^S5(-S^w
still
remains.
proved, has
•"'
'
;
c-onr>
•*'-*
in rates
for
.Q6CO
-
-iOiHiow^o
.
«e *H
o OS
.-J
^ WN --
|- ej
•<»•
easier; long
lorg clear on the
Cheesu steady.
Room
•
lo
•
-Hcooo
-Sor-
•e*,'«*^
;
t-wo
-t-^,
Ocean
^^
grain, but in
i£
on the berth has been
limited, and vessels for charter eagerly taken up.
To
Liv-
5!
jS!
'2®
S S 95
[<^
-t:
o
9@9^d. by sail, and 10@10|^d. by steam ; to
London, by steam, 9f@10id. ; to Cork for orders, 7s. 9d@
7s. lO^d.; and to Penarth Roads 7s.
Petroleum cliarters
erpool, grain
have been dull. To-day, grain 9(3)9^d. by sail to both London and Liverpool, and a steamer to Cork for orders at
''D
5Si
:
:S5
:S5gS
^e
Si
:§
-2
tSSJG
.c-
:g|
P.ICO
:
.S
.
.
:
.
•vcp
.
:5Sgg}
.^
:
-
.
— do
•
't-'t-'.-'—
ec^
?s
oceo
o't^
OH
83. 6d.
to 58c., bnt clused
for refined in bbls.
at
55@56o.
and
12;^o. for
Petroleum
crude
is
in bulk.
up
Fruits without
mufh
:
:SSg
:S :SP
:
:
to 24|c.
In oils
change.
:
if'
we
notice sales of 1,000 bbls. crude sperm for export at $1 35.
Tallow has been dull at 9|c. for prime. Whiskey has declined to 92^@93c.
Wool remains dull. Fish in better
supply and easier.
:9S
:3
Rosin has been active, and strained advanced to 14 35@
4 40. Spirits turpentine has been excited, with an advance
bob
Hides
firm at 25c. for dry Buenos Ayres.
Leather firm, with
further shipments to Liverpool.
Calcutta linseed has been
salable at $2 40, gold, short time.
Grass seeds are higher.
Kentucky tobacco lias been strong and active ; the sales
of the week aggregate 725 li.hds., including 450 do fur
export and 275 do for consumption.
Prices quoted at a
partial advance
lugs 9@10ie., and l?a( 10^@15c.
Seed
leaf has also been more active, and extreme prices have
been paid. The sales include: 244 cases new crop New
York, lli@16e.; 648 do do Pennsylvania, 16@20c. 449
do do Ohio, 13@14c. 500 do do Connecticut wrappers, 45
@55c. ; also 100 cases sundry old lots at 15@30c. Spanish
tobacco has been in brisk request and firm, with sales of
CO
N
>*t-
5
•
s
»-
sss
o
*
V'o
**^
S
*
•
;
35
•
;
Oi CL (N 25 •-
S«
—
;
;
1,000 bales Havana at 98c.fi)$l 17.
In metals Ihe only change of moment has been a decline
in block tin in the face of an advance abroad.
Sales at 32o.
gold, for English, and 33^0. gold, for Straits.
Copper also
weak, and metals generally dull.
G*
C4
2J
8-2
--
Or
n
.
— >oo>2''V<-.3;«
S w c*^o c« i»^« o* 25 S :o S oc OD
i~
J- Si m (N o
£!"(a3I
»tOcO
W
CO
,-.
,_)
« g*
(O
«
t-o
:
—
:
1
2
:
:
:
THE CHRONICLE.
326
The following
Iniporta of l.eadiiie Articleii.
taule, compiled troin Custom House returns
ihows
tlie forei;j;n imports of certain leading articles of commerce
at tliis port for tlie last week, since January 1, 1873, and for the
corresponding period in 1871
[The quantity ia slvuii in packages when not otherwlae specified.]
,
.
[September
7,
1872.
Krom the foregoinij statemeo: it will be seen that, compared
with the corresponding week of last season, there is a decrease in
the exports this week of 8,1.38 bales, while the stocks to-night aie
40,989 bales less than they were at this time a year ago. Our
usual table showing the movement of cotton at all the ports is
omitted here, and will be found in our crop report on a previous
page.
Tlie market for cotton the past week has been active and
advancing, quotations closing ^c. higher on the spot, and 3-16^
China, Glass and
Metals, &c.—
9-lCc. lor future delivery, the most decidtd improvement being
Kui'tUcwareCutlery
5,49.1
191
4.905
lor the Winter months, and the period of speculative activity
Chlua
8S7
Hardware
4.6-28
12,5111
11,215
3.7U0
Kartlitnware...
1,531
Iron, KR bars..
3 S-.02
12.S2',
24,:01
722.472
761,005
extended so as to include March. The greatest buoyancy preGlass
n,io'
:59,3;9
Lead, pigs
13,JS1
3il,2Sl
S.'«,05S
400,518
vailed immediately subsequent to our last. In three days the sales
Glass ware
513
Spelter, lbs
30,112
420,989 8,672,593 5,609,286
Glass plaie
1S8
Steel
7,9!1
3.411
;6i,39*
7,190
155,289
were about 5,000 bales on the spot, and 92,000 bales for future
Bulluas
16:
4,72',
Tin, boxes
4,42:
698,51
le^'os
111,4«
delivery, and during that period most of the advance above
Coal, tons
1,4M
5S,HB9
Tiu slabs, lbs..
81.!7J
5.014.394 3,1.S6.439
Cocoa, bo^s
458
24,290
n;6;4';Uags
97,270
96,314
quoted took place. In fact, on Wednesday, though cotton on the
16,-0 1,015, 94
Cottee, bass
751.15U'SuKar, hhds,, tcs.
spot was quoted at -Jc. advance, for future delivery, there was
Couoii, bales
364,746
7,136
& bbis
880,620
15,314
3.«88|
Urugs, &c.—
Sugar, boxes &
some decline September and October were lo^er, but November
891
Baik, I'eruvlan
27,49!
bags
850,368
11,909
T83,"59
!S,145'
and December were l-16th higher, and the later months unBlea powders..
iO.'.7:
878.917
82..395
19,0lB;Tea
1,130
Briiiistoue, Ions
46T
37.234
18.51
88,98aTobacco
45,743
1,'.4I
changed. Thursday was generally firmer, the early months being
I'M
Cochiaual
S,4i0
2,855
7,sia, Waste
56
4,001
lao
Oreaiii Tartar..
1,578
2,OS'.iWine8, &c..—
ic. higher, but for later delivery there was only a partial advance
81.2lil
12R.320
Gauibier
Cbainpag'e.bkB.
126,598
6,161
6.
of 1 16c. To-day the market was firm on the spot, and better for
o,ti54
138.603
Gum, Arabic...
Wines
143.2'S
8,22)
12.407
SiY;
52,692
5,5i;
5,067Wool. bales
the future, but on the whole averaged about as on Monday last.
Indltfo
77,163
4.0^5
;»a
8.639
Uadder
l,9oi Artl les reported
The cause of the activity and higher prices may be found solely
400'
495
O. Is, essential..
by value—
S3.ll8i
Oii.Ollve
32.670,Ci>iars
in the growing belief that the new crop has been much injured
J63.412 [,417,974 1.267.768
10
l.OlO
67 320
Jpiuni
l,24<i Corks
72.955
4,024
by worms and rust. Many parties who had been selling heavily
59.3=9
8I8.,^69
Sl.tiija: Fancy goods
Soda bi-carb...
49.182 1,093.852
l.aiW
234,IXXI
52,39i
206,900
Soda sal
in anticipation of a decline under a large and early crop, have not
37.6j8,Fish
11,359
I.SU
SS.t.S)
Soda, asb
S1.0!7jFruits,&c.—
only covered their contracts, but have purchased freely in antici45
9,791
623.581
510.269
jFlax
9.147
47,060
Lemons
383
5.41/7
1,128,191
Kurs
5,00* Oranges
1,218 1.31 J,
pation of a rise. The demand lias also been good for export and
4« 12.317
8,.'2i;'
Gunny clocb.. ,.
2I.H8 641,601 !'a5,831
Nuts
consumption and these orders have come upon nearly bare mar118
.153.471
6,061
966.106
Hair
23.274
4.292
Kaisin^
3,36
121,645
Hemp, bales
93.758 Hides undressed. 179,618 8.054.077 3,561,031
kets, and very poor assortments. The prices for tutures las' report
C4;,979
639.734
Hides, Ac—
S5,s3!
liice
ed were (basis low middling) 20ic. for Sept., 19 13-lGc. for Oct.,
2:
1,288
Bri"tles
1,523 Spices, die—
4-8
15,361
313561
Hides, dressed,,
502.508
13,746,
Cassia
19Jc. for November, 19|c. for December, and 20 3-lOc.for January,
1,5S5
31,2r
28.367
64,508
India rubber...
28. nO
Ginger
20ic. for February, and 21 l-16c. for March. The total sales
23
121,115
2,824
409 546
Ivory
2,515
Pepper
167,161
126,093
Jewelry. AcSaltpetre
of this description for the week are 137,930 bales, including
91
2.862
Jewelry
3.70S Woodstree on board. For immediate delivery the total sales foot up
2B
891
251,776
216.812
Watches
12,2«5
1,061
Cork
84.103
3<,n'j
382
j^lnseed
444,421
S3.601
590,012
Fustic
this week 12,.')87 bales, including 3,905 for export 8,435 for con2'1,a09
7,w;
Sa3,8«3
Molasses
109,370
8,813
123,348
Logwood...
sumption, 22 for speculation, and 225 in transit. Of the above,
83,514
110,211
Mahogany.
Receipts of Domestic Produce for tUe W^eek and since 881 bales were to arrive. The following are the closing quotations to-day
Jaiinari' 1.
The receipts of domestic produce for the week and since Jan. 1,
aud for the same time in 1871, have been as follows
New
Upland and
For
Since
Jan. I,
Same
lime
the
Since
Jan.l,
Same
Che
week
1872.
1871.
week.
1S72.
1871.
For
time
;
l',6.>'j
;
<
:
Florida.
Tbls
week.
A'*he8...plcg8,
110
BreadSLUtfr*—
Flour.. bbls.
time
'71
4,855j Oil
5.000
cake, pkgs
Oil, lard
67,8121 !,,666,615 2,198,133
338.117 5.,5(1,417 11,398,2 ftl
,805,525 20,,321,8.5 .S 416,972
420,851 8,,132,411 5.731,26.11
l,i;40'
365,189
165,1981
36,213 1,1,642.537
713.4 ,71
24 1,0 JO
910
142.884!
101, -298
315
83.509
W'iea'...bui.
Corn
Oats
Rye
Barley, &c..
Grass seed.
Beans
Peas
4,085
1.51:
42
5,699
156
.bales.
Leather. sides
Molasses, lids,
68,-233
31,454
41,153!
6.634
5.489
40,141
305,3191
15,1671
1,472
11,576
Sl.i.iS
42'.,150
559
60
23,797
Tar
l-iich...
Cheese
Cutmeats
1410
95,8-2,1
29,303
57
1,458
4,5.56
5,101
14.691
130,1186
1,550
Eg«8
Pork
Tobacco, ,)kg8....
Tobacco, lihds
Whiskey, bbls....
Wool, bales
Dressed hogs, No,
63,832
43,510
396,781
,112.849
252.715
392,826
851-059
6,116
442
217
93 314
Uavat storesCr.turp bbls
Soirits turp.
liosin
Peanuts, bass
Provision-*
Butter, pkgs....
Beef, pkgs
Lard, pkgs
136,514
Lard, kegs
641,196 Rice, pkgs
3,63.1
2,058 Starch
501,692
301,121) S earine
7,'259
31,511. Sugar, hhds., &c..
1,321,165 2,863 330 Tallow, pkgs..
168,135
129.697
332,235
3110
C. meat. bbls
Cotton., bales
Hemp ..bales
Hides. ....No.
Hops,
This Since Same
week. Jan. 1. time 'II
Same
Since
Jan. 1.
1,521
490
123
4.646
210
311,2u8
Il.9,4s8
l.'.4,4-29
14.654
267,653
11.822
85, 14
161.331
8,338
13,011
182.523
14 4 6
18,238
19 568
168.551
19.335
109,056
S2-!.3ia
;6.912
5,613
28,933
180,583
5',813
132,650
jio
4,880
1,359
3, 33
2,390
119.1156
332.
19,6lil
91,-29J
80.213
90,114
COTTON.
Friday,
P. M., September 6, 1872.
special telegrams received by as to-night from the
Southern ports, we are in possession of the returns showing the
receipts exports, &c., of cotton for the week ending this evening
Sept. 0.
From the figures thus obtained it appears that tlie
total receipts for the seven days have reached 13,.i54 bales against
4,461 bales last week, 3,238 bales the previous week, and 2,472
bales three weeks since, making the total receipts since the first of
September, 1872, 13,.').54 bales against 9,137 bales for the same
period of 1871, showing an increase since September 1 this year
of 4,417 bales. The details of the receipts for this week (as per
telegraph) and the corresponding week of 1871 are as follows
Uy
BSOEIPTB
BSOBIPTS
Rec'd this week at-
New
18T2.
bales
Orleans
Afobile
4,IH0
69 S
1,0
1871.
2.-!91i
674'
4,3,
2
2.->1,i
4,80-1
93 r
2,129
1812.
bales.
1871.
S3
26
238
Total receipts
15
;s7
401
13,554,
9,137
103
1,431
Increase this year..
4,4171
....
Tennessee, *c
The exports for the week ending this evening reach a total of
2,0^5 bales, of which 2,055 were to Great Britain, none to
France, and none to rest of the Continent, while the stocks as
Below we give
made up this evening, are now 54,401 bales.
the exports and stocks for the week, and also for the correspond
ing week of last season, as telegraphed to us from the various
Exported to—
1
Sept.
Hew
6.
|<3
Brit.
OrlcaD«.|
France
Total this
Same w'k
week.
1871.
3.811
....
Mobile
Chari tton...
Eava-inab
Texas..
New Vork...
Otberports..
1872.
8,321
1.492
08
1.810
8,'09
19.631
11,500
2,-
2/i53
2',C53
—
523
8,187
112
17K»..
20X«..
21«»..
I
js^a....
2«x»....
22X''*..
22l>w
...
i2)ii»....
•jin^....
24HS.....
ii%»....
'24<liia...
;
SALES.
PKI n us
Good
Con- .Spec' TranExp't, sump, ula'n
Saturday
1
ow
Mid-
Ord'ry. Ord'ry. MIdi'g. dling
Total.
II.
380
Monday
1,815
858
112
Tuesday
Wednesday
964
Thursday
Friday
481
110
924
2.141
1,039
2,112
Total
3.905
8,435
1,111
2,692
1,116
3.105
1,'26
2,407
11
'125
I
22
17
V.%
11M
11X
11X
UK
22
-22«
21
2\}i
2-.%
211,
21 S«
19X
IKK
19H
20
20
20
ma
2iii
22X
saw
•iiy,
12,587
For forward delivery the sales (including
free on board )
have reached during the week 137,950 bales (all low middling or on
the basis of low middling), and the fallowing is a statement of the
sales and prices
For September,
bales.
200
900
20 1-16
1,000
2 100
5,400
20 3.;6
-iOH
20 5-16
7,6'in
20Jj
20 7-;6
For November.
CIS,
19 1-16
20 9-16
100
350
400
l,3«l
500
3,000
ao%
2,3011
20i:-16
l.WO
20*
19M
900
1.900
1,400
1,;00
200
200
900
19 9-16
19X;
20 13-'^
1,U0
20K
34,500 total Sept'r.
19«
500
600
400
SOO
200
18,100 total
19 7-lii
19 15-32
4,100
2.500
8,4110
2.1.01
3,000
1.200
1,150....
19 5-16
19M
2.300.
19V
4,1011,
19 1-16
19 1316
2.600
900
2,?00
1,200
3,700
SOO
600
SOO
Octob'r.
19«
500.. do... 19 15-16
19
Novem.
;For December.
]i<^
20)i
2 1,830 total
700.. do
1913-16
8.800 old foina
r-ontract
20
900
JO
400 old form
contract. 20 1-16
19 5-16
20
do
contract.13 11-16
40o..do
19V
19Ji;
3.0110
.20 1-16
19^
19%
19%
300 old form
19 13-16
•2,000
na
60C
19X
800
2 900,
2,710
1,000
100
.9011..
S-'fi
19X
!orm
contract
1911-16
19 9-16
19Ji
13 11 16
U%
20U
100 old
i1%
19 7-16
600
300
19 :5-l6
contract.. 19
7C0..do
Ml'/,
19K
400
For January
old form
200
19 3-16
19 5-16
19H
Dec.
Stm
19 3-16
do
20)4
100
600 old
do
do
19X
UJ,
.20)4
form
20M
19 1116
do.
2IX
.20
do
Id f rm
contract. ai 9-16
1,300
<
100
,0 9-16
old form
contract. .2054
l,0tO
100
l«l
20Jii
20 11-16
old lorm
contract... .201^
1,660
700
500 old
2051
form
contract. ,..20 34
600.. do
13,550 total
21
Feb.
For Mnrch.
old loim
100
contract. ..20;^
HO.. do. ..20 15-16
20 15-16
old form
contract. ...21
21
21 1-16
1,4(10
4(0
200
21.382
21)4
21 3-16
21)4
I.IIO
13 750 total ,lan.
For February.
7'.0 old from
1913-16
19%
19 15-16
contract... .;9X
5
20H
20H
400
SfO
SOO.. do
400.. do
19>li
8,000..
1,300
contract.... 20 )<
2 %
19)!i
19 916
211(1..
20 3-16
o d form
20
800.. do
contract. '.0 3-16
700
650
1»H
19X
101J.
1,700. do
19X
20
bales.
cts.
ion old f. o.l» 9-16
500.
26,600 total for
19
700
250
700
cts.
..20
cts.
1,450
20H
bales.
1,100..
bales.
20>S
2.80O
4,100
4,150
2,901
20O
800
5,900 total
March.
200 sellers option, 1812, at 19 1-16C.
103
19)4C.
200
••
"
"
19>"ic.
200
1E54C.
Stock.
Contin't
©....
20
Below we give the sales of spot and transit cotton and price of
Uplands at this market each day of the past week
ports to-night
Wpflk ending -
Orleans.
iixa....
20X®....
»....
211,®....
20
Middling.
Middling.
,
Good Middling
Mobile.
11J<(i....
Low
For Octoler.
Rec'd this week at—
Florida
North Carolina
Virginia
per lb.
14 .851
640
1,741
Ordinary
Good Ordinary
1871.
23,C10
3,214
3.105
3,i00
12.;02
31.169
11,000
2.053
Total ....
2.055
51,401
1C.193
95,39'J
2.0.53
SIner Sept. 1
2.055
10193
• This week's receipts at Galveston Include 6'«1 bales received last Saturday, and
Which ytii Included In the crop statemeut for that port, made up on Monday last.
700 total.
The
following exchanges have been
made during the week
:
30O October for 300 January old form contract at 5-16 diifarence
"
6(10 Septemoci- at
difference.
600
^
—
Weather Reports bt Telegraph. Our information with
regard to the crop received tonight, shows more clearly where
the principal damage has been done, and indicates that at some
points the plant is stUl in a promising condition, though as a
whole, our reports are not assuring. It would seem that in Alabama especially, the successive rains, the flood, the caterpillars
:
:
September
rust have worked with pretty sevore effect apon the cotton plant in some portions of the State, leavinif apparently very
In fact our correapondent at Mobile says, that the crop
little.
will be very poor, probably a total failure, and from Montgomery
we receive about the same report. At Solma, however, it Iiah
been warm ami drv all the week, and an the cotton is opening
rapidly, and pickin's; ia beinR puHhed forward aatislactorily, a more
How far Mis.HiH.sippl is sutlerhopeful' feeling appears to prevail.
we do not fully knowinjf under the same unfavorable conditions
though it would i>eem by the complaints from portions of
the State that considerable injury is supposed to have been
Our correspondent at >few Orleans believes that the
done'.
are
re|)ort8, with regard to the caterpillers, in that State,
exaggerated it has been warm and dry there this week. From
Galveston our telegram states that the crop will be poor it has
rained there on one day, and the cotton is being picked and lor
Our Georgia reports are better,
warded to market rapidly.
though complaints of caterpillars continue our Augusta, Colum
bus and Savannah correspondents all speak of them as doing considerable harm, but our Macon correspondent has taken pains to
inform himself with regard to the State, and telegraphs to-night
that though considerable damage was done in four counties in
Bouthwestern Georgia but little further damage is apprehended,
and the crop in other sections, he reports, is in lino condition. At
Charleston the weather has been warm and dry, with cool nights;
the crop continues to develop less favorable conditions. From
Memphis our correspondents state that much damage has been
done; they estimate that by reason of drought, rust and worms, the
yield promises to be one-fourth less than was anticipated August
1.
At Nashville there has been no rain picking is progressing
The thermometer at
finely, and the cotton is opening rapidly.
at Savannah, 78
Nashville has averaged 85 at Memphis, 74
Columbus, 81 Macon, 82 Montgomery, 84, and
Charleston, 80
Galveston, 84.
BoMB.VY Shipments. According to our cable dispatch received
to-c.ay, the shipments from Bombay to Great Britain for the
past week have been 7,000 baies and to the continent, 2,000
receipts at Bombay, during the same time
bales, while the
The movement since the fir.^t of
have been 500 bales.
January is as follows. These are the figures of W. Nicol & Co., of
Bombay, and are for the week ending Thursday, Sept. 5
Week's
^SliipracatB since Jan. 1 to-v
.—Shipments thte week to-^
and the
;
;
;
;
;
;
;
—
:
Cou-
Britain,
tincnt.
Greftt
Britain.
Total.
Con-
Total,
receipts.
tinent.
500
9,0U0 652,000 211.000 8G3.000
1373....
7,000 2,000
4,000
1,0C0 688.000 308,000 996,000
1,000
J871....
From the foregoing it would appear that compared with last
year there is an inererisethis year in the week's shipments to Great
Britain of 8,000 bales, and that the total movement since Jan. 1
now shows a decr«3«e in shipments of 133,000 bales over the corr390oading period of 1871.
Gunny Bags, Bagging, &c. The market for cloth is more
steady though not higher. There is an increase of orders coming
still there
freely met by holders
in, but they are generally
quote domestic
have been but few sales of full lots made.
—
;
We
native, 13@13jc. There is more demand for bags
than for'some lime past, but the market must be called dull. We
quote 14}@15c., Manila hemp is steady but very quiet. There
have been no sales of moment. Jute is in light demand, sales 100
bales on private terms. Jute butts have ruled rather qiiiet toward
the close, with no sales of lots 2jtc. is bid, and 2ic. aske4 Messrs.
rolls, 14ic.
;
;
Rogers
lowing
"
J. C.
&
Co., report
in their circular of
Sept. 1st., the fol-
:
Stock in
Now York,
Sept.
•
mtoa,
SaU'edfot
.
1872
Cloth. BaKS,
7,4iiO
15 500
a."™
2,900
1
S. to.Tiily 16
ba!. July cable
"
"
327
These figures indicate an inereite in the cotton in sight to-night
of 207,550 bales compared with the same date of 1871.
MOVEMK.NTS OF CorrO.V AT THE INTEUIOR PORTS.— Bi'low We
give the movements of cotton at the interior ports receipts and
sliipmeii'B for the week, and stock to-night and for the corresponding week of 1871
—
:
onrtlnn Sept. «, 1872 -. ^Wcck ending Sept. 8. '71 -,
KeceiptH. Shipineiitii. Stock. Receipts. HhipinnUH. Slock.
9.«5
344
190
971
1,235
2,704
^Weok
Augusta
Columbus
MocoD
Selma
405
430
909
479
Memphis
2.S5
14
202
58t
374
9u3
89
3.5J7
3,:378
.Montgomery...
Nashville
297
597
634
349
117
55
96
200
205
773
213
4,764
1976
2.56
1,515
158
71
1.471
1,764
3(K)
1,.565
1.54
013
1,267
1,682
341
422
2,481
10,221
The above totals show that the interior stocks have increated during the week 129 bales, and are to-night 5,457 bales IfAtH than
at the same period last ye;ir. The receipts have been 1,531 balca
More than the same week last year.
Shipping News.
—
The exports of cotton from the United State*
week, as per latest mail returns, have reached 2,055
bales.
So far as the Southern ports are concerned, these are the
same exports reported by telegraph, and published in The Chronicle last Friday, except Galveston, and the figures for that port
are the exports for two weeks back.
With regard to New York,
the past
we
up
include the manifests of all vessels cleared
night of this week
Wednesday
to
:
Total bales.
New York — To
Liverpool, per steamers City of Brussels, 245
Spain,
..China, 224 .... Nevada, 001
153. ...Republic, 273... .Parthla, 659.
2,Cej
Total
S,(KS5
;
;
;
Great
%
THE CHRONICLE.
1.5T2]
7,
:
InAug.:
a-1,900
lO.-'JOO
1,'J07
520
_^-^. _^.^.
187*
,
The particulars of these shi|::aent8, arrangei] in onr nsual torm
are as follows:
Total.
Liverpool.
NewYork
.'
Total
2.035
2,055
2,655
2,055
—
GOLD, Exciiangk and FREIGHTS. Gold has fluctuated the
past week between 112^ and 113|, and the close was 112 J.
Foreign Exchange market is heavy. The following were the last
quotations London bankers', long, 108^@108f short, 109i@109|,
and Commercial, 108@108J. Freights closed at Jd. by steam and
3-lOd. by sail to Liverpool, }c. gold by steam and Jc. by sail to
Havre, and |d. by steam to Hamburg.
:
;
By Telegraph from Liverpool.
—
—
M.-The market
has ruled q'liet to-day
15,000 balca, including 4.000 bales for export and specu
week have been 105,000 bales of» which 14,000 bales
were taken for export and 13,000 bales on speculation. The stock in port is
83!),0(K) bales, of which 193.000 bales arc American. The stock of cotton at sea
bouud to this port is 20J,000 bales of which 8,000 bales are American.
Liverpool, Sept.
with sales footiiii; up
The
lation.
6.
1:30 P.
sales of the
AUR.
Total sales
Sales for export
Sales on speculation
Total stock
Stock of .\merican...
Total afloat
r.,000
:j,000
928 000
239,000
216,000
12.000
251,IXK)
2.3t,000
18,000
alloat
Ans. 30
2.3.
61,000
10,000
918,000
.
American
Aus.
16.
70,000
la.ooo
Sept. «.
105,000
14,000
7.5,000
9,000
4,000
891,000
220.000
212,0C0
8,000
1,<,000
8:«l,000
196.000
209,('flO
8,000
show the daily closing prices of cotton for the wceit
Wed.
Thnrs.
FrI.
Tues.
Mon.
Sat.
lO'i®... lOXfllOK 10)i@10«)0,',-®10K
Price Mid.UpI'ds. 10 @....10>iffl),..
Orleans. 10X@....10K@... 10JJ@10X lOX®.... 10>!i@. ...10.^,®....
European Cotton Markets. In reference to these markets
our correspondent in London, writing under the date of August
The following table
will
.
Cloth.
Baas.
9,600
7.900
li.'M)
17.500
3,997
550
375
7,250
13.7.50
«0
—
24, states
—
Liverpool, Aug. 24. The following are the prices of middling
compared with those of last year:
^50
qualities of cotton,
Supply to January
Di«. for
1
Consumption
•»
26,807
10,820
22,422
13,9^0
1,372
3.191
1,548
10,414
2,112
9,984
88:1
2,255
4,743
12,526
10,794
10,7.30
12.204
20,.300
7,180
7,862
17,696
12,3:M
1.5,839
8,67.5
^Pair
first 7
months
••
Aug
"
8month8
810
^Ord.&Mld—
6,855
1
Visible Supply of Cotton Made cp by Cable and TbleSRAPH. By cable we have to.night the stocks at the different
European ports, the India cotton afloat for all of Europe, and the
American afloat for eacli port as given below. Fron: figures thus
received, we have prepared the following table, showing the
quantity of cotton in sight at this_date (Sept. 6) of each of the
—
two past seasons:
Stock in Liverpool
Stock in London
1872.
bales.
StockinHavre
Stock
Stock
Stock
Stock
Stock
in Marseilles
in Bremen
in Amsterdam
at Antwerp...
at Barcelona
Afloat for Great Britain (American)
Afloat for Havre (American and Brazil)...
Afloat for
Afloat for
Bremen (American)
Amsterdam (American)
Total Indian cotton afloat for Borope
Stock in United States ports
Stock in Inland towns
Total
839,000
232,000
246,000
19,2.50
31,000
86,000
44.000
57,000
8,000
3,250
none
none
1871.
521,000
105,123
69,610
20,918
44,889
48,000
19.000
70,000
58,000
12,6.33
252,000
54,401
4,764
1,440
6,400
586,491
95,300
10,221
1,870,665
1,669,116
27
25
21
19
Mid.
G.Ord. L.Mid.
Ord.
for entire year
Stock in tJ. S.January 1
Imp. from Jan. 1 to Sept.
Upland... 8
Mobile.... 8
9
9
N.OJi Tex
9X
8
»K
»-Good & r-Same date 1871 —
Fine.^
Mid. Fair. Good.
&
g'dfair-.
,
Sea Island
Florida
40
30
.33
27
46
34
G.Mid. Mid. F. Mid.
9 15-16
in?,'
9?i
Wi
WH
^'/t
lOX
lOX
29
22
20
M.P.
G.Mid.
»
9 1-16
9%
8>»
»?i
Viii
9 5-i6
9^
11
42
28
23
9«
10
are the prices of middling qualities of cotton at
at the corresponding periods in the three previous
The following
this date
and
years
1869.
Midland
d.
Sea Island. 26
1870.
d.
13
1872.
1871.
d.
22
Midland
d.
Pernainbuco.
....
E^jyptiau
Upland.... 1311-16 7K 9 1-16 8
Mobile
Vi\ IK
9X 8
Orleans.. ..137<
1H 9 5-16 8
Broach
Dhollcrah....
commencement of the year the
and for export have been
Since the
tion
1872,
spec, to this
1871,
.
3a,,300
ludian..
3,810
213,600
bales.
279.810
82.040
20,9:W
7,770
59,170
517,560
449,720
hales.
America*...
184..540
83,280
E.
Total
llj^
8X
7«
6>tf
9X
9X
transactions
1872.
d.
1871.
d.
.
.
eji
5Jf
6X
4X
on specula'
:
,*Taken on
Biiyptlan.
1969. 1870.
d.
d.
13 »i
8
date—
Actual
,— Actual exp. from
Liv., Hull <s other exp'tfrom
II.K. is
outports to date—>
1871.
bales.
147,680
10.980
5.1!«
810
78.910
1872,
bales.
72,895
28.:«2
5.4:»
5,884
166.251
1871,
bales.
277,827
41,106
8.667
4,732
201,251
15.710
619,490
243,570
277,777
533,640
010.330
1870,
Iwlos.
302.180
60.3:10
12,620
The following statement shows the sales and imports of cotton
for the week and year, and also the stocks ou hand on Thursday
BTeoing last
;
:
.
.
THE CHRONICLE.
328
nODB.
SALES, ETC., or ALL DESCRIPTIONS.
Sales this week.
Total
Same
Ex- Speculathis
period
Trade, port
tion. Total.
year.
1871.
,
Average
,
wecklj' sales.
•
American,. bales. 21, 440
2.31I0
Srazillan
B,mO
SBI
Egyptian
4.350
I, ,.^
lOO
.„
11,270
6,280
Smyrna & Greek
West Indian, Ac r-*^
East Indian
1,270
1872.
1871.
25,100 1,205,740 1,742.330 27,790
545,810 3M,210 12,440
204,320 153,180
5,120
13,380
5,060 (
, ,„„
^'^eo
6.3:750
72:940 f
18,940
811,093 5li4,110 11,280
40,i)70
360 10,110
40
4,110
470
„>„
^^°) 2.390
i
^
1,390
[September
5.670
4,010
,
Kye
4 00® 5 25
3 25!® 3 80
3 85® 4 00
flour
Corn meal— Western, Ac.
Corn meal— Br'wine, &c.
48,070
9,770
3,280
61,120 2,824,120 3,865,830
Imports.
,
To this To this
date
Tills
date
week.
1872.
1871.
14,174 1,084,432 1,829,257
314,989
Brazilian
19,080
565,181
214
175,619
167,819
Egyptian
201
16,028
2,351
Smyrna Gr'k
59,259
W.Indian.... 4,937
90,763
East Indian... 32,418 &J8,814 430,066
1,640
The movement
Total
This
Total.
A
71,024 2,580,870 2,809,741
61,590
date
day.
Dec.
31,
1871.
1871.
11.3,640
239,450
181,860
64,470
9,140
45,670
895,358
.397,550
284,220
108,800
64,030
117,630
49,750
43,830
1,940/
,. „n
23,970 f '''""
132,370
272,770
4,014,786
927,980
603,960
566,900
BRE ADSTUFFS
Fkidat
I*.
I
I
I
!
in breadstuffs at this
NBW TORK.
^1872.^
.
State.
1
36® 48
40®
46k
.,^~
-«
45®
60
60® 85
00® 1 05
90® 1 10
Same
,
1872.
Flour, bbls.
67,812 1,666,645 2,198,133
4,085
129,697
138,514
338.197 6,570,447 ll,398,a.10
'1,805,625 26.324.805 18,416,972
Corn,
1,340
365,189
165,798
Rye,
36,243 1,642,637
Barley,&c "
713,477
420,854 8.8-32,437 5,731.260
Oats,
0. meal, "
Wheat, bns
market has been as follows:
EXPORTS FROM NEW TORK.-
Since time Jan. For the
week.
Jan. 1.
1, 1971.
For the
week.
,
Same
1871.
2,933,984
500,466
264,880
6,458
American
58,190
1
Chicagomixed
_ White Oliio and
Barley— State
Canada West
Peas—Canada
8,800
Stocks.
.
,
Oats—Black
I
„,„
RBCBITTS AT
Total
esAiH,
I
Sonthcrn bakers' and family brands
9 25®
_ 11 25
Sou them shipp'g extras.
7 75® 8 75
t,
.
1871.
Fov the
WCLk.
Since
Jan. 1.
Since
JtD, 1,
15.367
658 246
32,079
1,1! 9,053
3,500
124.244
1,544
8.,<iO
182,172
6.a38,627 673,565 12,571,392
670,162 17,263.407 202,097
7,658,741
602,319
16,184
45,lf6
171,096
92,659
81896
800
28,749
1,221
18,838
The following tables, prepared for The Chronicle by Mr. E.
H. Walker, of the New York Produce Exchange, show the Grain
in sight and the movement of Breadstuffs to the latest mail
dates
:
M.. Sept.
6.
BKCBIPTS AT LAKE AND KIVER PORTS FOR THE WEEK BNDINO
AUGUST 31, AND FROM JULY 37 TO AUGUST 31.
1872.
There has been a good degree of activity iu the whole market
during the past week, with some further advance in prices,
checked, however, toward the close, with a slight reaction.
Flour has arrived in moderate quantities the average of some
months past has been little if any exceeded, while the local
millers have been embarrassed in their operations by the scarcity
and high cost of suitable qualities of wheat. At the same time,
favored by advices per cable, the export demand has been more
active, and " fancy State" (city shipping extra from Spring wheat)
has been sold freely at $7 75@8, while very few lines of ordinary
" extra State" could be had under $7 50. For the early future
however, offerings have been free, and we notice sales of " extra
State" at $7 10 for the last week in September and |7 for October
•' Superfine"
has also been salable in the range ot $6@C 40.
To-day the flour market was dull, unsettled and drooping, good
lines of shipping extras from Spring wheat not being salable at
over $7 35, and not readily at that.
Wheat showed considerable buoyancy early in the week, especially for prime qualities of old Spring, which sold at $1 63@1 65
for No. 3 including Milwaukee, to arrive, at the higher figure
Winter wheats, h6wever, were unsettled by the great variety in
the quality of the new crop that has been offered thus red and
amber ranging from $1 55@1 75, and white from $1 70@3. The
receipts at the West have been liberal, (though latterly showing
some falling off), and there is some increase in the visible supply,
but it is not more than two-thirds as large as at this date last year.
Some new and old mixed Chicaco has sold at $1 60, and new. No.
3 at $1 53J. Prime new red Ohio, has sold pretty freely at $1 00
@l 63. But on the whole, the market for wheat has since Tuesday been in a very unsettled condition, buyers holding off for
lower prices, because the Eastward movement has increased, and
ocean freights have advanced. To-day, the sales were limited,
embracing new No. 3 Chicago, at $1 57@1 58 old do., $1 63 and
prime new red Ohio winter, $1 60.
Corn has met with a very active demand f jr export, with a very
good local trade, upon which prime Western mixed sold at 65c.
both in store and afloat. Yesterday, however, there was less
demand, with the price receding to 64i@64ic. The receipts con
tinue on an enormous scale, and everything continues favorable
to the new crop.
The visible supply is now, we believe, in excess
;
—
;
;
Wheat
Flonr.
bbls.
Corn.
hush.
(1961b«.) (601bs.)
Chicago
15 487
816,725
7.269
538,035
8,527
231,031
12,030
79,187
3.50O*
28,880
200.084
33,434
..
Milwaukee
Toledo
Detroit
Cleveland
Lonis
Dnluth
St.
Barley
Ryo
1,904.120
47.8.37
414.792
15,2.37
3,850
94,237
440,182
37,290
155,049
8.295
26,400
111,996
96,650
67,857
21.998
6,391
350
350
1,761
2,178
20,364
12.609
Noreport..
Total
Previous week
Oorresp'ng week,'71.
"
'70.
•
69.
'68.
'67.
Total July 27 to date.
Same t'me 1871
Same time 1870
Same time 1869
*
Oats.
bush.
bnsh.
hush.
bosh.
(B6lbs.)(S21bi>.)(481bs.) (56 Ihe.)
80.247
7.3.185
134,690
136.404
107,206
178,932
147,139
349,605
659,353
539,296
461,878
1,893,94!!
2,<i20.377
2,480,073
2,827,681
2,447.415
1,489.115
1,364,876
l..'>25.a35
668,917
1,266,469
1.011,266
1,760,941
1,263.672
850,888
6,073,885 10.263,408
7,901,608 7,282,057
6,86.3.2^6
.3,381,780
7,241,744
5,153 875
779,212
716,773
889.442
893,520
501,230
1,053,450
593.313
2,647,770
5,632,617
4,S30,079 •
2,090,113
186,972
67,116
.300,122
a31.502
44,089
170,.337
269.219
347,364
914,1 07
73-<,790
139,976
42,.526
46.150
126,980
69.481
41,871
172,657
99,494
165,812
609,786
275,467
146,713
Estimated.
Shipments of Flour and Gi-aiu from Chicago, Milwaukee
Toledo, Detroit, St. Louis and Cleveland for the week endirg
Aug. 31, and from Jan. 1 to Aug. 31
:
Wheat,
Flonr,
bbls.
WeekendingAug. 31,1872
Aug. 24, 1872
71,182
77,354
Corrosp'ng week 1871 119,442
CorresD'g week 1870.
88.787
Corresp'g week 1869
49,949
T.ital Jan. 1 to date.2,.521,575
2,704.968
same time 1871
2.607,150
same time 1S70
game time 1869
3,049,136
RECEIPTS OF FLOUR
bush.
1,392,199
Corn,
bash.
674,482
1,.328.773
895,.364
Barley,
bush.
Oats,
bnsh.
1,434,721
1,749,299
1,313,762
.341,130
440,778
643,703
709,700
627,280
Rye,
bush.
4,733
18,736
19,840
190,652
24,181
101.770
n6,0S7
.34,420
1,168.109
7.100
1,1 10,675
164,2.37
1,000
11,611.618 46,919,512 12,160,606 1,119,606
749,397
21,429,310 36,790,976 8,864,145
854,718
808,899
22,.349,654 14,594,086 7.013,596
794,648 1,043,804
21.289,638 16,002,724 5,697,496
206,875
567,877
AND GRAIN AT SEABOARD PORTS FOR THE
31, AND FROM JAN. 1 TO AUGUST 31.
WEEK ENDING AUGUST
At
Neip York
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans*
Flour,
Wheat,
bbls.
bnsh.
69,716
39,118
2,154
14,513
14,962
28,301
15,041
284,237
37,700
87,676
83,700
90,000
15
Corn,
bush.
1,642,522
166,170
22,400
354.541
127,800
bO.700
74,040
Oats,
Barley,
bush.
bush.
407.992
29,360
12,600
1:666
54,000
48,715
Rye,
bnsh.
2:366
1:660
800
1,200
Total
168,805
688,387 2,448,173
56.3,657
3,800
24.. 146.462
643,671 1,917,072
65.3.848
8,:?00
17.. 12.3,551
391,162 1,683,953
647,074
4,900
Weekending Aug. 10.. 107,649 542.411 1,530,088 470,307
11.500
Weekending Aug 3... 92,379 4.30,940 1,834,372 692,737
13,300
Weekending July 27,.. 97,4.'J9 1.007,2*3 2,2<i7,503 1.051,903
13,1N3
Total Jan. 1 to date. ..4.650,965 8,463,858 49,049,677 14,776.182 1,.334,7,52
Do. same time 1871. ..5,513,19320,734,385 28,784,121 11,197,802 382,067
Weekending Aug.
2,340
6.080
Week ending Aug.
.38,763
84,680
16.176
34,646
4.'>&,160
4-i8,191
'
but the stock here is some 30 per cent smaller
than at this date last year. To-day there was a further decline,
with good to prime steam and sail mixed selling at 63@64c. afloat.
Kye has advanced, though without activity there is very little
prime rye in market Western is quoted at 75c. for old and 85c
for new. The barley market remains closed. Canada peas are
of all precedent
;
;
;
scarce and firm.
Oats have met with an active demand, and prices are higher,
especially for prime old mixed Western, in which there has been
some speculation. The visible supply is large, but receipts are
less than last year, and the quality of much of the new c rop quite
inferior.
43c. for
To-day the market was very firm
new, and 46 Jc, for old afloat.
The following
;
Flour.
W
No. 3 Chicago, 41i@
are closing quotations
Grain.
|
SttperfineStateand Western...
Extra State,
|
85®
6 25
-1
7.00® 7 40
bbl. $5
&c
"
Western Spring Wheat
extras
6
85®
7 25
I
Wheat--No.2spring,bu8li.$l 57®
No. 1 spring
1 64@
'
I
Amber do
1
White
1703
|
1
60®
7 75
Southern, white
|
I
8
B0®10 50
85
1
|
7
75®
Red Western
Bed
W«
1
j
City shipping extras. ...
City trade and family
02®
65®
65®
80®
64
65
1 lO
1 70
2 00
64
70
66
86
!
do double extras
8 00® 9 50 Corn-Western mixed
do winter wheat extras
White Western
and double extras
Yellow Western
7 60®11 25
brands
* 3 days.
|
Rye— State and Canada
Western
....
55®
60®
@
1
1
The Visible Supply of Grain, including stocks in store at
the principal points of accumulation at lake and seaboard ports,
In transit on the lakes, by rail and on New York canals, Aug. 31,
1873:
Wheat.
Corn.
Oats.
Barley
bnsh.
In
In
In
In
In
In
In
In
store at New York
store at Albany
store at Buffalo
store at Chicago
store at Milwaukee*
storeatDuIuth*
store at Toledo, Aug. 26
store at Detroit
In store at Oswego*
In store at St. Louis
In store at Boston
In store at Toronto, Sept, 2
In store at Montreal, Sept. 2
In store at Philadelphia*
In store at Baltimore*
Rail shipments for week
Lake siiipments
Amount on New York canals
94,450
8,600
188,338
964,897
454,671
35.000
237,564
126.328
66,000
84,213
3,552
3,826
65.402
45,000
38,000
106.764
1,285,436
371,978
bnsh.
bush.
2,296,990
117,700
811,949
3,909,861
273,572
2,646,896
ia3,000
141,108
709,483
146,476
799,896
14.691
30.000
388.382
336,189
9,000
430,143
126,000
225,647
20,052
15,000
136,691
142,080
229.8.38
224,430
1,210,291
2,761,886
7,1.53
48,326
75,000
60,000
166,831
274,299
143,111
Total
4,167 417 13,956,817 5,006,153
Total in store and in transit Aug. 24,'72 3,819,571 13,117,164 5,082.407
Aug.17,'72. 2,681,894 12,579,150 6,077.325
"
"
Aag.10,'72. 2,127,921 11,963,649 5,167,101
"
*£stimated.
"
"
Aug.
3,'72. 2,675,981 12,040,025
Sept. 1,'71.. 6,317,4.39
8,357,700
5,271,550
4,053,864
bnsh.
6.3,689
65,500
34,710
172,018
4,738
3.240
11,269
19,126
15.618
8,650
4,500
12,676
6,('60
15,400
417,184
336,183
340,371
283,705
322,583
643,49q
September
7,
16.2
——
.
.
.
:
:
.
329
Imports at New York, and stock In first bands. Sept. 5. were *• follows :
Other. Brazil. ManlU.&c.Melado
Cuba. P. Rico.
Cnbi.
hh<l>.
hhda.
bxs.
Imports this week..
"
since Jan. 1.
in that direction has been li-ss liberal than during some of the
preceding weeks. The movement from first hands has been fairly
liberal, although in some lines the market is almost without
spirit and the aggregate transactions are below the average.
Prices have changed somewhat on coffee and sugars. The former
are easier, with a marked decline on Rio's, while the raw sugar
market has been strong and closes an eighth above last week.
Other lines of groceries are fairly active at about former rates.
••
iaiuctlme,'71
Stock In Arnt hands.
••
1870
24.631
32,081
212.423
18).3ll«
imports this week
••
sInceJan.i
"
88raetlmel871
"
hands
1, 1872,
•hhds.
•hhds.
•hhds
21..'i03
1.517
•.2.Vi'5
74.591
8l/,701
i.<"9
"Hhas.
831,730
Boston
21.969
6''.573
75,'.KiO
2.012
25.787
S4.0-il
.^9
Baltimore
)2.1«1
41.236
3t.7'i«
9;.'r25
29.807
92,919
6.153
410,413
379,200
530,459
537.171
.... S(''0.!3!
New Orleans...
Total
30223
.
..
n.n7
....
....
44.757
...
4 0ia
li.OOS
'.'SO.ilS
7.1.112
is.ai7
....
do
4.000
1U(.>.7!
S.il''
'SHJm
In bairs.
Java and Slneapore
Ceylon
Maracaibo
LsKUayra
St.
Domingo
Other
ptoek.
Import.
IniT'ort.
ts.300
'14^.1.12
•19,59'J
7,001
19.229
6,017
13.743
113.8M
160
11.723
48.066
90.490
Extra fine to
do
Total
time, 1871
51.611
21,563
gold. 17V<«nv
gold. I6H@16X
gold. ISViSl'
gold. \>H®'.i
nolo lSX(a'0)4
gold. la fil2S
Bto Prime
do good
do fair
do ordinary
,tava. mats and baits
Java mats, brown
Cuba,
do
do
do
do
do
do
do
Int. to
fair to
com.
good
7«9
S««
9%%
refining
refining
prime
fair to good grocery.
pr. to choice grocery...
centrifugal, hhds. ft bxs.
.
.
Melado
8,H
9
2\
25
—a
Ex.l.toflnest.
do
do
do
80UC.
<»
»
Superior to fine
&
Ex
''i
»\
fine to finest
OS
31
l»
Cong.. Com. to
do
do
05
:S
1
Common to lair....
Oolong,
fair,
Sup'rto tine,
Ex. t, to finest.
«
5S
al
gold
Native Ceylon
Maracaibo
I
'
Laguayra
1
Domiugo
SI
15
16
Mocha
«18
gold, 16
el7X
goid
gold
t"^"
(a:S
17
14
«
gold, 22
-Uni'ilca
I
I
«(14«
«17H
323
phllsdel. Bait. N. Orle's
Import. Import. Import.
do
do
do
9M®1(»(>
7M<»»K
Brazil. batts
nianlla. bags
"H
9^@tO
9'<(B
11H4UK
White Sugars.A
do B
do
do
do extra
Yellow sugars
Crushed
'
4Ma 6X
llXi»lS5<
19 to 20.
iiV(ai:K
Havana. Box, white
'%» »K
Porto Ulco, refining grades...
do
grocery grades....
I
9
7XS 8W
moiasses
Bav'a, Box,D. S. Nos.7to9... 8WO i%
do '0tol2. I'M* 9X
do
do
IStolS..
9KailJX
do
do
do
do 16 to 18.. lOKiSUK
An
do
NewOrleauf new
'392
8.013
»
Porto Kino
S.3.'9
HI
.TS.l.ifl
SO
50.981
19,100
3.012
1.811
3 339
7,172
gall. 40
30
30
I
11X«....
loiten
9
»w\
....»m<,
Powdered
...OKH
Granulated
....612)t'
I
I
20 «iJ5
90 049
English Islands
Rice.
Rangoon dressed, gold
t Also, 149,140 mats.
8X9 'K
and 9Xa in Carolina
In
I
Splcea.
(gold)
Pepper, In bond
» lb. 29 m
do Sums ts * SIngHpore
do
(« a'
OInger.Raceand Af igold) 10S(9 11H Pimento, Jamaica. .. (gold)
do
do
In bond
do 115 @l 17
Mace
do
90 (9 n^ Cloves
Nutmegs casks
do
do
In bond
96 ® 98
cases Fenang
do
do
.Clovestems
—
—
Cassia, In cases... gold
Cassia in mats
raw sugars opened strong, and with a good demand for
show more firmness early In the week. The
firm feeling was strengthened further by the light receipts, and as stocks
diminished imponers held fair to prime grades at an advance of He At this
rise the sales have been pretty liberal and refining Cubas are held strong at
the close on a range of 8,H<5(9>ic. for fair to prime. The demand for grocery
sagars has been moderately active and the market is strong at an Improvement
of an eighth, witli stocks well controlled by holders. There has been a fair
movement in box sugars, which has also participated in the advance noted on
other grades and are firm at the close. In refined sugars the business has
lacked animation, owing mainly to the withdrawal of the Western demand,
consequent upon the rise in freights. The market has softened under
the decreased business and is quoted at a decline from the prices given In our
for
I
'
—
.
«
&
12
17
i'2V(a
7H®
15
IS
13
TK
at
Fruits and Nnta.
RalBlnB.Seeaiess,
do
do
lo
do
nw f
Loose Muscatels
<
Canton Ginger. r;.se..,
Almonds, Lanijuedoc
Tarragona.
do
do
do
do
do
Bardlnes
|
loxa
2 85
@S
6S®
ft
45
.
*»
Figs, Smyri'a
9
02
9
new
Dates
HOdo
15
.
do
tarn, but the accumulation of stock Is followed bv a quick depression and
prices are shaded in buyers' favor. The sales are 10 hhds. Porto Rico, at llS'c
66do9Ji®9Xc., 915Cuhaat9®9j<c., 1,481 do at 8Ji®9c., 210 do at 9c., !,C50
frail.6 00
Layer, 1871, %( box.
buftana. IP lb
Valencia, » ft
Currants, Hrw
Citron, Leghorn (new)
Prunes, ^French
Prunes, Turkish, old
last report, although still retaining a portion of the advance gained last week.
Refiners are disposed to be a little stronger since raws have taken an upw ard
atSOl-lOOc, 145 molasses sugar at 8;<c., 700 do 75<@gKc.,
75Sdo81<ic.; 894 boxes centrifugal 9c., 300 do 10c.; 900 hhds. Muscovado at
r\i®fin
®87K Cuba Clayed
Cuba eentrltugal
e«0
®S5
5? 7.901
366,062
refining grades holders began to
at 9c.,
to fair.
Mnear.
8CGAR.
do
"lo
do
Come.
29.719
4.1S0
9.116
'Includesmats. Ac, reduced to bags.
The market
43
75
OO
37
^i
75
do
fio
]nala««4«K.
8.154
S02.r91
280,631
& 45
a 75
al 12
& 61
®
—
^ 92
(*1 27
& 47
& -5
@ 92
_.
finest
Cuba Muscovado
Same
MffM
31
Snp.tollne. 27
^.
ax.i.ionnst
Uncol.Japan.Coni.tolalr.. S2 @ 42
Sup'rto lino... 5" ® 65
do
®
53
Ex. Bne to finest
Gunpowder Com to fair...
Sap. to fine
do
do Kx. fine to flnest.l
Imperial. C'lm tof>>tr....
Sun. to fine
do
do
123.532
44.879
In 1871
406.4:6
I4.00O 1.0l>5 !»90
462JM
Ofothcr sorts the stock at New York. Sept. S, and the imports at the seveial
ports since January 1, 1872. were h^ follows
-New York-, Boston,
376
X,9)l
:,303,123
UyionSk.*Tw.C.
50
40
55
fair
Snperlor to fine
Kx. Unejto finest
do
Yonn^ Hyson. Com. to fair,
Super, to fine,
do
•.!5.7i7
900
:
6.1M
965,061
9.630
43.2M
7-.48S
20..90
Tea.
Hyson. Common to
rotsi.
S6.i:l7
;72.I5U
81.706
28,935
WHOIiESAIiE PRICES CURRENT.
Imports at this port for the past week have inclnded 16,514 mats Java, per
Rainbow," and 1.201 bags St, Domingo, per "Isaac Oliver."
The stock of Rio Sept. 5. ani the imports since Jan. 1. 1872. are as follows:
54.214
1S71.
122 554
1872.
105.211
47,166
8I.!48
20X.20
679.-.';0
6.l««
33,060
•Uhds.—
.
.
1871.
snd barrflU redUCOd to hhds.
t Includes jaskels. *c., reduced.
extent iu the absence of any receipts and the supply here, loading and afloat
all the ports is not heavy.
The last Bio telegram shows a further decline,
but is otherwise generally favorable for holders here. The absence of trade
has had a depressing eflfect upon our market, however, and holders are quoting
ordinary at He. below last week's rates. Other grades are H@>ic. off, and at
this decline close barely steady, the tone still favoring buyers slightly. In
West India coffees there is a very limited business outside of second hands
Sales have been unusually light since our last, and stocks of Ceyloo and
Maracaibo have increased materially. Mocha has sold to a fair extent, and
there is now no stock of this grade in first hands. There was some accumulation of St. Domiugo, but the supply has been reduced by a shipment ol 1,416
bags to Europe by first hands. Prices are a shade easier on some descriptions,
and the tendency of the general market is inclined to be toward lower rates.
The sales so far as made public include 4.000 bags Rio ex "Phalliss .Mary,"
1 695 do ex " Watch," ,3,500 Santos ex " Albona," and at Baltimore 4,600 bags
ex " Victoria," and 784 ex "Palladin."
38'J.073
H9
—
_Muiaa«eB.
Dags.
.
tl872.
574.222
691.187
• Ineliirllnff tlprefls
for
Imports
—
1871.
314. 16T
i2.
1
and of Molasses at the leading port,
Philadelphia...
York
3,054
at leadlos port* alnce Jan.
1871.
262,798
26.10J
.•few
6.8(10
5,6*29
been as follows
sanAT,-
,
1872.
16.5*5
2.737
5.171
8.4.8
4 67.
& Molaaaea
to date, have
bbls.
801
(Includlnp: Melado).
The Imports of sugar
from January
•hbrts.
38
69.866
2.415
71 2."90
'70 IS.ilO
same time
same time
••
Imports ot SuRar
COFFEE.
8imodatel87I
heretofore,
week. Prices are strong, ann are still covered by the previous range of exhave
treme quotations, with sales making at the higher range. The sales
been 87 hhda. Porto Rico at 40c.. 50 hhds. Cuba Muscovado. 05 cUyed on
private terms, and 225 bbls. New Orleans, In lots, wilhin the range of 78(8-900.
The receipts at New IforK. and slock in ttrst hands. Sept. 6. wore as follow*:
Other
>.o.
Demerara.
P. Itico,
Cuba,
The jobbing inquiry since our last report has been only moderately active
and the outlet has been supplied chiefly from tho stocks held by second bands
withoui. the necessity of making second purchases from importers. In Brazil
descriptions the trade has been light, but the stock has been reduced to some
Stock
4.795
•.50.281
8I«.791
805.227
82.6.9
quoted range of values. Prices are steady on all
descriptions, with a strong tone prevailing in domestic grades at illgbUy
grades of
better figures. There has been a liberal movement In the belter
syrups, but a slight falling off is noticeable from the activity of tho prevlona
Japan.
Mobile,
UslAc. veiton.
41,MS
chiefly within the previously
Indirect importations, including receipts by Pacific Mail steamers via
Aspinwall. have beer. ISD.ftiO pkgs. since Januarvl. asrainst 50..5a!l last year.
Im|>nrts at San Francisco from Jar.. 1 to Aug. 15 have been 7S9,!89 lbs
Ne»
»
28.143
5S.459
80134
74.230
934^'.
.... 119J105
The
Haiti-
4^5.013
bc^n
There have been no direct imports at New York this week. Tho receipts
indirectly have been 41G pkgs by steamer.
The following taule snows the imports of Tea Into the United States
from January 1 to date, in lx'2 and lo71
ninnk.
Green.
Japan.
Tots'
Atlantic ports. 187a... lbs. ia,*75,()IS
8.810 4fi8
14 2 .'7.059
35.411.02.1
Atlantic ports. 1871
13 621,353
8,9lil.3S7
;3,7i5.S:8
St 501,630
Phtia-
t
during
supplied the wants of refiners for Ihe time being, and the transactions
Recurrent week have been light Inconsequence. There has been some call
from refiners for high test qilalltieii, and sales could have been effected at a
considerslight conceseion from the high prices asked by holders, which are
tiade has
ably above the figures refiners are willing to pay. Tho outlet to the
domestic grades,
filled by purchases of small lots of both foreign and
S'.ock In first
New
tbagi.
89.';
nOLASSRS.
950 do.
York. delnhla. more. Orleans.
bags.
liberal transactions In cargoes of refining grades, reported
The
XEA.
In Bags.
•bhrti
2«5
IW.9:!3
•iiUO".
i:5
1.8M)
5.8S2
00.132
2«2,798
:
Same time lim
There has been lets activity this week thanlwe reported last Friday, and tho
business has been maiuly conQncd to linc». Thcic has been some trade in
invoices but jobbisrs already hold pretty fair supplies, and the wants of the retail trade are met freely from the stocks.
The tone of the market on lines has
strengthened somewhat especially on Oreens which are held at full prices,
and are, in some instances, a Hhade better than at the time of our last
review.
Blacks sell to a limited extent, but the heavy stocks prevent
prices from gciui: any higher than they are at present. New teas form a fair
proportion of the stock now moving, but the prices at which they are placed
are not very remunerative considering the hij;h figures that have been paid for
the early teas in tho home markets. The market is relatively stronger on the
lower than on the best qualitie", and wliere any improvement has occurred in
prices it has been mainly on the cheaper grades. We note sales in invoice lots
of 1,150 half chests Greens, 3S0 do. Plngsuey, 1,500 Oalongs, SOD Japans, and
*•
SJic 7« bojf
9(a9«c.. 450 hhdi. centrifugal lOKc, 460 fully fair Cuba at
Muscovado at 9)ic., 50O do. and SOO hhds. private terms.
FRIDiT EvENixa. Sept. 6, 1872.
The advance in freights on Monday had a tendency to rather
check the operations of Western buyers, and the jobbing outlet
1,017.693 lbs.
».
THE CHRONICLE.
J
GROCERIES.
Chiua and
—
:
.
.'9
It
«
»
....
....
.
.
00
6\
47X
15
»
®
6
12
4B
6V<
13
^9
je
IX)
20
a
'7)4
..
i"),*
..
Ivlca
i6sa
17
Sicily, soft shell..
Shelled. Sicily...
paper shell
«i hf. box.
....a
..
ardlnrs
Brazil Nats,
«)
new
.
7
a
:6sa
86xa
80
SI
_.
__
35(4
21
_
a
A
4fr|pan Peanuts
iiva
riiberts. Sicily
25
-
cr.buz. 20Vi«
9>i« :0H
do
Barcelona
12
11K<«
Walnuts' Bordeaux
9Hd 10X
16
15
Macaroni. Italian
POHKSTIC pnlKl) piiriTs.
Apples, State
...» ft. 10 a 10
a
do
ao
do
do
do
sliced
Western
s
Southern, good-...
prime
sliced,
new
5
10
12
a
a
a
a
•
a
—
14
Peaches, pared
nnpared,qr8ft hive
do
h'
Blackberries
I»
Cherries pitted
Pecan Nuts
Hickory Nuts
a
? ".
9
a
»
13 i<
?H
It
13
:»
ii
21
:o
» bush. ...
do
....a
Chestnut'
Peanut8,Va,g'dtofncy old ....a
^onew'.::..... 150 alOJ
do
do WU.jt'dtobestdo. 1 25 #2 30
.
..
.
THE DRY GOODS TRADE.
Brovrn
6,
187S
Drills.
;
Width. Price.
Applcton
15>4
Hamilton
15X
do
blue..
19
Laconia
15X1
:
'
Fall season seems to have opened at last with
some degree
of animation, such as usually characterizes the business at^this or,
Lyman II
Massach'ttsG
generally, at an earlier period of the year.
The
sales of our job
bing houses have increased very materially during the past week,
and with a growing business from second hands the movement
packages has sliown considerable improvement, especially
in
in
the leading lines of cotton fabrics. The approach of cold weather
has had the effect of causing buyers in the interior to take hold
with more spirit, and a growing demand from consumers is forc-
ing retail dealers from all sections into the market for purchases
to meet their current and prospective early requirements. The
feeling among merchants here is now much encouraged, as the
prospects of a good season's business become brighter, and the
opinion is gaining ground that notwitnstanding the backwardness of trade the distribution will be liberal and prices will be
maintained at a fairly remunerative point. The raw materials are
high, and goods are more likely to appreciate in value if sales are
any way liberal than to experience any shrinkage, even if trade
be light.
Domestic Cotton Goods.— There is an active demand for
brown sheetings and shirtings of the standard and medium grades,
and liberal sales have been effected during the past week from
both first and second hands. The sales of standards from firs*
hands are said to be, in some instances, in advance of the producBleached goods present no new feature except the reductions on the New York Mills and Wamsutta Mills fine sheetings,
the former to 19 and the latter to 17ic., have a depressing effect
upon other bleached makes. Low priced and medium fabrics are
tion.
well sold up.
moving
In the heavier descriptions of cotton goods, drills are
with a fair degree of freedom to the home trade, but ap-
pear to be almost wholly cut off from any export Inquiry. Cot.
ton bags have sold moderately at the old range of prices with no
new
;
[September
I
Fbidat. p. M., Sept.
full
.
THE CHRONICLE
8S0
The
—
:
,
features to note.
quest at full prices.
amounts
Canton flannels are steady and
in
Colored
in
cottons
are
selling
good
at about
former rates, although as is usual at this period
of the year quotations are to a great extent, nominal.
Prints have
gold freely and the general improvement in the trade makes hold
ers anxious to establish an advance. There is some prospect that
prices will go higher, but thus far quotations'are unchanged.
Woolens. There has been a decided improvement in the demand for fancy cassimeres, especially for the better grades. The
necessities of buyers are beginning to force them into the market,
and while they appear reluctant to pay the current prices, hold'
—
make
concessions, and sales are chiefly at the curFlannels have sold fairly in package lots, and
the more popular mak ^« find ready sale at holders' prices.
Blankets are dull and held at unchanged figures. The demand
for domestic dress goods continues good, and the market is withers refuse to
rent asking rates.
new features regarding their movements since the openThe business is reported as being very satisfactory.
Foreign Goods. The foreign branches of our jobbing houses
out any
..
Pepperell
Stark A
Rnftnik
I
Delaines and
Corset Jeans.
'Worsted Fabrics. Amoskeag.
13X
PACIFIC MALL8 FABRICS.
Printed Delaines,
20
.. 20
20
Poplin Stripe
22X
Imperial Repps
25
Biarritz Stripee.... 25
Anilines
., 22
Armnres
20
15 )<
36
33
16X
13X
6-4
8-4
31
12
19
18
16
14
18X
16X
ISX
Androscoggin L
36
Bartletts
do
do
.
...
...
Bates
.36
Boott
13X
12X
14X
BllertonWS4-4
Pmit of the
Loom
Gr't Falls
do
do
do
Q
S
A
M
36
36
31
32
17
15
.32
13)f
18X
Ontario
Amoskeag
19
10
do
do
do
do
11
lOX
12
Merrimac D dk
!lx
pk and pur. 13
do
do Shirting
11)^
W
.
Harmony
Red Cross
Sterling
Bedford
Boston
Beaver Cr,
14X
12
21
B lOX-H
8X
8X
VictoryH
I
AXA
.
20
22
20
17
.
BB
doCC
ing.
—
have done an increased business since our last report, and the
improvement is reflected in more liberal sales from first hands of
goods suited to the current requirements of the local and interior
retail trade.
Th^re is more inquiry for the heavier class of dress
Velvet, J. CrossSon's
ley
2 65
best
No 1 2 65
do do
Tap Brussels.
Cro8s]ey& Son's,, 144
Eng, Brussels. 2 20-2 30
. .
Hartford Carpet Co
22X
13X
do
35
70
&
A
15
Otis
I
65-67X
....
Carpets,
Arlington
Manchester
8X
42X
iels
Hadley..
25
AA
70
40
6 cord.
23X
Everett.
8-8X
47X
do
Holyoke
I
8X-9
70
70
17
19
21
I
Manville
Clark's, Geo, A.
Wiliimantic, 3
cord
27X
8X Haymaker Bro
8X Hamilton
AmoskeaL'
Garner
& Co
13
24
Chester D'k
Glazed Cambrics.
70
70
.
Samosset
Green & Dan-
Albany
Ux
12X
&P. Coat's
Clark, John, Jr.
16
18
Denims.
15
J,
26X
9..
90..
100..
12X
Brooks, per doz.
...
200 vds
24
15..
60.,
70..
14
14
12
Spool Cotton.
13X
llx Amoskeag
Richmond's,.,, llx-12
Simpson 2d Mourn. IIX
do black & white.
Spragne' s fan 1 lX-12
Hamilton
llX-12
14
12
Renfrew
Union
16-18
17
14-15
80..
12..
8..
llx Park, No.
12X
Park Mills
Peabody
Quaker City
ll-UX
Checks.
do
do
do
do
do
12
Namaske
Caledonia, 70..
Bedford
9
Cocheco
12
Garner & Co..., 11-11)^
.
Gloucester
Hartford
Lancaster
17-18
19
14
Hamilton
Whittenton A.
do
BB..
C.
do
13X
12X-13X
12X
Downright
Glasgow
12X
12X-13X
Arkwright
Easton
15
14
Bates
Caledonia
7X
American
II-IIX
Pacific
Amoskeag
Manchester
Albany
26
25
.
A
do C 3 bush
Domestic Ginghams.
Stripes.
55
19
A
Stark
.
50
32 50
34 00
35 00
37 50
35 00
38 00
37 60
43 60
38 00
58 00
PowhattanA..
do
B..
ACE%
do
No. 2.
do
No. 3.
do
No. 4.
do
No. 5.
do
No. 6.
do
No. 7.
14
do
Esston A
12X
do
B
11X-12X
Lewiston A.. 36 .31
21
do
B... 30
19
Hamilton
57X Haymaker
.
23
28
25
34
.
24
88
25
22
19
17
16
32X Algodoa
do mourning
.
AAA..
Price
Pequot
stripes,.
C
Prints.
Lodi
Manchester
duck-
Cordis
35
40
45
11
25
Gloucester
Light
Bear duck (8 oz.)
do heavy (9 oz.).
Mont.Raven8a9in
Lewiston
.30
. . ;
Drird"^pwM^'^-*«
18
18
25
do heavy 3ft
do XX 104
Wamsutta.. 45
do .... 40X
do ..,,36
do XX 36
.
m'fwi'j.^^'l'OWs' 28-38
20
17
27X
American
lOX
Ic higher.
22in.—
Sail duck,
D..
21
7-4
8-4
.... 9-4
....10-4
,...11-4
Poccasset F 33
5-4
Utica
do Nonp 6-4
do
9-4
10-4
do
4-4
do
Amoskeag
22X
23X
B..
22X
....
10
10
Cotton Dock.
20
do
do
do
12X
14X
Lonsdale.., 36
do Cambric 36
N, Y. Mills 36
Peoperell ., 6-4
do
do
do
do
do
Warren
High colors
37X
.37^
.
14
C...,
O..., 30
16X
37X
Nilseon stripes ., 42X
40in.
do
Parepa stripes
Bags.
37X
Japanese checks,. 37X American
Amoskeag
Tickings.
Amosk'g ACA.
29
Great Falls A.
A..
23
Ludlow AA....
do
14X
.86
B.'.'.'
do
do
13
14
Naumkeagsat.
Paper Cambrics.
.
.
.36
Orch.Imp
Laconia
Ind.
.
Blackstone
AA
Imp
Hallowell
Poplin Alpacas. 25
Poplins
27X-37X
Arlington Mills
Ronbaixpoplina., 37X
Berlin stripes,, ..35
Japanese
12X
IIX
13X
Canoe River..
22X Lonsdale
27X 8. S. &Sons...
.
45
do XX.,
do BB.,,
do B...,
Ohlans
Berlin Cords
16
—
Bates
Berkley
X
K Striped Satines..
% Suez Cloth
% Poplin Lustres..
X Alpaca Lustres,
X Corded Alpacas.
Amoskeag. 46
do
4i
A.
do
Androscog'n eat
.
.
Japanese Stripes
Chintz Alpacas
Bl'ched Sheetings X
and SUirtlngs
M
re-
limited
15X
13X
1^X
15X
15X
1872.
7,
Extra3ply
Imperial 3-ply..
Superfine
Med, super
Body Bru8 5fra.
1 67J<
1 60
1 ,35
20
2 10
1
do
do
4 do 2 00
3 do 1 90
Hemp, plain, 33 in 22X
do ex plain, 36 in
33
IMPORTATIONS OF DRY GOODS AT THE PORT OF
NEW YORK.
The importations of dry goods at this port for the week ending
September 5, 1872, and the corresponding weeks of 1871 and 1870
have been as follows
ENTEISED for CONStrSIPTION FOR THB WEEK EKDING SKPTEMBKB 6, 1871
and underby the change in the
1870
1871
1872
Pkgs. Value,
Pkgs.
Value.
Pkgs. Value.
weather. It is stated that late foreign advices report manufacManufactures of wool..., 2,001 $770,945
2,504 $1,078,827
2,290 $1,072,114
turing as considerably diminished in consequence of the high cost
do
cotton., 814
241,497
1,278
.357.151
1,397
489,758
silk
do
458
402,422
717
613,795
6^2,653
865
of material and labor, and there are prospects of consignments to
flax
do
1,058
2.33,950
1,275
280,699
268,235
1,074
185,166
1821
265,511
790
170,453
our markets being materially lessened in consequence. This Miscellaneous dry goods. 461
causes a firm fetling among holders here, and prices are fully
Total
4,786 $1,833,980
6,595 $2,595,983
6,416 $2,663,213
sustained, with a tendency on the more popular .fabrics towards WITHDRAWN FROM WAREHOUSE AND THROWN INTO THE MARKET DTTRING THE
fabrics, merinos, etc., woolens, merinos, etc., hosiery
—all of which are rendered seasonable
wear
.
,
We
annex a few particulars of leading articles of domestic
manufacture, our prices quoted being those of leading Jobbers
:
Sheetlnss
and
Sliirtin
Width. Price.
Agawam F
3(i
IIX
Albion A
36
11V
Arctic B
11
Atlantic A... 37
.13X
do D... 37
lax
do H... 37
13>^
Appleton A.. 36
13X
do
N.. 30
IIM
.
.
.
m
AllgustA
Bedford H...
Boott
do S
do W..
.
36
30
84
40
4S
18X
16X
87
B>»
Commonw'lth
y
,
SAME PERIOD.
better rates,
Brown
.
.
.
12
10
12
Continental
36
13X'
DvvightX... 27
do
Y.... 32
do
Z.... .36
Indian Head. 4-4
do
.48
Ind'n Orchard
ll-UX
12-14
13-13X
13X
20-21
40 14-14X
do
C. 37
13
do BB. 33
12
do
W. 30
11
Laconia 0.... 3913X14
do
B... ,37
13
E...
.36
Lawrence A.. 36
do
T>.. 36
d
,
19
XX
...
40
36
38
38
40
48
7-4
8-4
9-4
10-4
11-4
...
12-4
.
.
.
W
Pepperell.
.
A
;'.o
Lawrence .1
Y
do
Nashnaflne O
do It.
do E..
do
12X
12X
14
do
do
do
do
do
...
..
...
Utica
do
do
do fine
.
.
.
.
.
..
fT^
15X
13X
13«
14X
16
21
do
do
40X
4bX
lfi>4
48
58
85
m^i
19
flax
1.032
239
140
487
$446,092
68,990
148,419
108,.361
41
14,773
Total
1,939
Add ent'd for consumpt'n. 4.786
$7S8,595
Totalthrown upon m'rk'l
1,833.980
6,725 $2,620,575
998
484
228
473
$445,252
144,788
1,456
626
324
$633,933
110,432
31,947
596
361
217,201
372.970
109.030
55,162
2,418 $1,055,070
6,595
2.595,9a3
.3.-363
$1,388,2%
6,416
2,663,213
2.35
9,013
.322,651
$3,651,053
9,779 $4,051,509
ENTERED FOR WAREHOUSING DUEING SAME PERIOD.
27X
30
35
silk
Miscellaneous dry goods.
25
.36
n iOH
Manufactures Of wool....
cotton..
do
Manufactures of wool....
cotton.,
do
silk
do
flax
do
Miscellaneous dry goods.
648
260
105
258
52
$270,737
76,867
$6 9,968
1,833,980
1,323
6,595
Total entered at the port 5,940 $2,801,860
7,918
584
$194,774
143
44
325
36,550
62,657
87,408
68
6,491
l.l.'H
$367,880
Add ent'd for consumpt'n. 4,786
TotJil
$285,469
78,530
233,350
131,857
67.947
603
263
195
324
12,.51j0
34
17,281
$702472
2,695,983
1,419
6,416
2,663,213
$3,156,961
"7,8I»
$3,365^5
8-;,842
36 15-lbX
Lh. 36 1*-U}i
September
THE CHilONlcLE
7, 1872.]
Financial.
Financial.
Financial.
&
Marquand, Hill
Eight Per Cent. Gold
FIRST mORTOAGE SINKING FUND
WALL
No. 37
New York
Mem?>ers
—
Completed Railroad
&
Hill,
NO.
&
These Boada bear 6 per cent. Gold Interest, payable
New York, free of Government Tax, being
FEB CENT UPON THE INVESTMENT,
Government
Deposits received and Interest allowed.
Sixty Per Cent
more Income
tlian
Government*.
PARKE
BliOCK COAL FIEI.D OF
COUNTY.
C.
York.
Stocks and Bonds
A.DBNIB'N WILLIAMS.
Member of the
y. York stock Kichanir
Further and full particulars, with Pamphlets and
Maps, furnished by us on written or personal appli-
K.O. BABNBT.
cation.
Barnev,
JONES & SCHUYLER,
St.,
O. U.
WILIAMS,
Member of the
K. D.
Raymond &
Railroad
IS
TRAINS ARE
NOW RUNNING
over nearly the entire length of 400 miles.
Tbe
7
J.
59
85
SALE AT
BROWN.
BANKERS,
Liberty Street, New
as one of the cheapest
securities on this market, and with a better prospect
for an advance In price In the future than any offering.
Pamphlets giving full particulars may be had on
Application.
Levy &Borg,
20
BROAD
IVall St., N. Y.
MIDLAND
IN
LOANS NKPOTIATED.
Lock WOOD
BONDS.
&
94 BROADIVAY.
Transact a General Banklns business, Inciudlns the purchase and salr
A T PER CENT MORTGAGE BOND for sale on
one of the great roads rnnning from New York
City— on the third largest road in New York StateThe most desirable bond of all the Midland issues,
affording the largest income and promising tbe
of
greatest profit.
road Stocks and Uonds, and other
85 and Interest.
Price,
We
believe
them one of the
safest
profitable investments offered in this
and most
market for
anil Stale Boitdii. Rail-
B. Shattuck
years.
&
dc
CO.,
Bankers,
SOLE AGENTS FOR THIS LOAN,
25 Pine Street.
German American Bank,
Cor. Broadivay
CAPITAL,
DRAWS
BILLS
No. 33 Nassau Street,
DRAW SIGHT AND
New
York,
TI.ME BILLS
ON THB
UNION BANK OF LONDON
AND
NEGOTIATE FIRST-CLASS RAILROAD AND
MUNICIPAL BONDS.
THE
and Cedar
....••
VERMILYE &
CO.,
18 And 18 Nassau Street, Neiv York.
OF EXCHANGE
TERS OF CREDIT
and issues LETavailable at all principal places
abroad.
Acconnts of Merchants, Bankers, &c. solicited.
O. H. ScHRsinsK, Cashier.
E.\IIL8AUEB,Pre«.
No. •
New
Street and 74 Broadway.
CITY RAILROAD, GAS &
IN
ALL ISSUES OF GOVERNMENT
SECURITIES.
RAILWAY
STOCKS, BONDS AND
GOLD,
MAKING LIBERAL ADVANCES.
INVESTJTIENT SECURITIES.
Sec quotations " Local Securities "
la this paper.
Co.,
No.
53
NEW
WILLIAM STREET,
TORIC
DealcrR In Bills of Exchange, GoTemmentR, BonUfl
Stockfl, Gold, Commercial Paper, and all NegotiADie
Securities.
Interest allowed on Deposits subject to Sight Drath
Special facilities for negotiatlrp ''flmnierclal Paper.
Collections both lnlan<l and forei|,j promptly
Foreign and Domestic Loans Negotiated.
uiadtt.
Gibson, Casanova & Co.,
BANKERS,
No.
50
EXCHANGE PLACE.
GOVERNMENT St;CURITIES,
the City BankH.
ADV,\NCES made on all marketable securities.
CERTIFICATES of Deposit Issued bearing Interest.
COLLECTIONS made at all points of the UNION
and BRITISH PROVINCES.
W.
O.
SnKI,DOK.
W. H. rOSTSB.
Leonard, Sheldon& Foster
BANKERS,
^o• 10 TV all Street.
Huy ard
sell
Goveriim*-nr. i^tate, Railroad ard other
ueplrable securitif-e, making liberal advamxs ou
3anic, allow interest on deposits, deal in contmerclal
paper, famish to travellers and others Letters ol
Credit current In tbe principal cities In Europe.
BANKERS,
38
EXCHANOK PLACE, NEW YORK.
Special attention given to the necoUatlon of
RAILROAD,
STATE,
CITY
and other
CORPORATE LOANS.
As Members of the Stock Exchange, wo buy and
Stocks, Bonds, Gold and Government Securities.
sell
Also, Foreign Exchange bought and sold.
DEALERS
BUY AND SELL ON COMMISSION
Charles Otis.
&
Stieet.
BANKERS,
BANKERS,
St.,
$2,000,000
SOUTTER
Co.,
BANKERS,
ALLEN, STEPHENS
CITY BANK, Threadneedle
Henry F. Verhuven & Co.
veciirltiisH. oil <-oiunilssloii
W.
t
W. B. LIONABD.
Co.,
BAHKBR8,
Government
YOnK.
FORKKJN K.XCnANGE and GOLD bought and sold
on the most favorable terms.
INTKUEST allowed on deposits either In Currency
or Golfl, subject to check at sight, the same as with
SOUTHERN SECURITIES
Convertible
NKW
STOCKS. BONDS,
St.,
Brokers and Dealers
BANKERS AND BROKERS,
Co.,
Advances made on approved accuritfcs.
RAILROAD SECURITIES
VTLEY & BOWEN,!
&
DAVIS.
or Check.
TION OF
AND INTEREST.
We regard these Bonds now
No 4
H.
York.
SPECIAL ATTENTION GIVEN TO THE NKQOTIt
(and a Second Mortgage)
PINK STREET.
'^
,
Augustus J. Brown & Son
Per Cent. Convertible Bonds
WE OFFER FOB
WAL8T0N
D.
nkerit
Receive the accounts of Interior baukfl^
corporatloiiB and Merchants.
llroad
AgentB for the Bftlc of City, County and
Bonds, Ibsuc Letters of Credit for foreign travc
on Deposits subject to check.
D. N. BARNEY, )„„.„,„,
A. H. BARNKYirP^"^'*'-
BROWN.
BUSINESS,
LONDON CORRESPONDENTS,
OTHEB
Bought and Sold on Commission
Interest paid
ADS.
rapidly approaching completion, and
Co.
WALL STREET.
5
STOCKS, GOLD. BONDS AND ALL
SECURITIES
N.Y.& Oswego Midland
F08TKR
BANKERS AND BR0KBE8.
New York,
and do a
BANKERS,
N. YorW Slock Kzchanee.
RAYMOND.
rallri>ad stocks,
No. 31 Pino Street,
SAMUEL
D. WOOD,
Formerly of Vermllye & Co.
J. P.
I
I
and
Winslow, Lanier
BOUGHT AND SOLD ON COMMISSION.
Present price for a limited number of Bonds now
remaining unsold, 97 j^ and accraed Interest.
No. 12 Pine
New
RAILROAD BONDS,
GENERAL BANKING
Co.,
STOCK BROKBHS,
W.Wall Street
IN
Keep on hand a variety of choice bonds to supply Inventors, furnish bonds advertised on the market at
subscription pricc^s, execute orders for Government
securities, gold
&
A. D. Williams
The Road Is completed and In operation, twelve
miles of which pass through the celebrated
Davis,
AND
bought and sold on Commission.
yielding:
BROAD STREET
BANKERS
DEALERS
Gold, Stocks and Bonds
Securities,
this City,
CO., 30
&.
Wood &
Co.,
WALL STREET, NEW YORK,
10
Co.,
S,
SCRIBE, PARIS.
Correspondents In
MORTON, BLISS
Stocks, Bonds and Gold bought and sold ou commission ; Collections made ; Business Paper Negotiated.
RAII.1VAY OF INDIANA.
RUE
5
I".
world.
BANKERS AND HROKEIiS,
No. 18 Devonshire St., Boston,
I
&
3
A X K K
Issue Travelers Credits available Is all part* of thi
THE I.OGANSPORT, CRAWFORDS- Robins, Powell
VIIiLB AND SOUTHWESTERN
BANKERS,
and
11
Stock KxrhahKC
Marquand
UPON A
W. Tucker &
Co., James
NE^V YORif
ST.,
Stocks, Bonds and Gold bought and mtUl on commission.
BONDS
quarterly In
nearly TEN
331
Interest
on Deposits.
ALBKRT YO|;NO.
GKO. ARBXra.
Arf.nts
&
DEALKR8
Young,
IS
SOUTHERN AND
IfliSOELLANEOrs SECURITIES,
No. i NKW STREET.
Iioans Negotiated.
j
THE CHRONICLE.
332
Foreign Exchange-
New
14 Witll street,
&
Andrews
Kidder, Peabody & Co.,
BOSTON, mASS.
York.
Co., Paris.
TRAVELERS' CREDITS.
COXXBRCIAL AND CiRCULAB LETTERB OP CREDIT
CIKCULAU NOTES AND STBKLING EXCHANGE
Ou Union Bauk of London.
LOANS negotiated.
liuiUvHv aiid other
Issued, available in all parts op
Stocks and
Bankers, 30 Broad
St.,
New York
N. Y.
Credits available in
BAN KB us.
ty
Co.,
French,
be concentrated at this point
BOSTON.
State,
Co.,
EXCHANGE ON LONDON AND
Bowles Brothers
&
Bank
Robert Benson
&,
Munroe
SECURITIES,
H
&
Co.,
parti of
PHILADELPHIA. bnslneis
Trai saeta general Banktnir ana Exchange
lacluding ["urchase and Sale of Stocks, Bonds, Gold
dtc. on ComnilsAlnn
;
also Cable transfers.
Country Bankers can be supplied with Bills of Exchange 'n large or small amounts, on the principal
o Europ(_ also with Tickets for Passage from,
cities of
E.
-
other Produce to Ourselves or Cor-
&
&
Co.,
Philadelphia and Dulntb.
DEALERS IN GOVE^tNME^^T SECURITIES.
Stock, Note, and Gold Brolcers.
INTEREST ALLOWED ON DEPOSITS.
Austin & Oberge,
& Co.,
No.
318
WALNUT STREET,
Co.,
SOUTH STREET, NEW YORK.
TAPSCOTT &
COMOTISSION STOCK BROKERS.
J.
CO., Bankers, London.
CO.. Old Hall, Liverpool.
CHABLES
BELL ACSTIN.
H.
OBEROE.
Orders for Government IJoniis. SStocks and Alerclianexecuted, and Foreiifa Exchange and Drafts
bought.
.
Kountze Brothers,
Street, N.
V.
r-RAW TIME AND SIGHT BILLS ON THE UNION
BANK OF LONTJON.
Pay Interest on daily Gold and Currency Balances.
first-class Securities.
Make Cable
Transfers between
New Tork and London
Co.,
ANll BROKERS,
AMERICUS. GA.
a general banking boflneas. Cotton purchased
on order. Collections made and promptly remitted
Do
New York
Correspondents
— Messrs. Wm.
Co.
Bryos
.
H. Castleman,
STOCK AND BOND, BROKERS
Columbus,
Georgl/i.
AND RAILROAD SECURITIES OF
GEORGIA AND ALABAMA a Specialty. Prompt
STATE, CITY
attention given to COLLECTIONS, both in Columbus
and points in connection. Will purchase or sell staple
article s of Merchandise in wholesale lots.
Second National Bank,
.
.
•
•
•
•300.000
Deposited with a. S. Treasurer to secure Circulation
and Deposits 5tiO,0(W.
C.
HTDE.
CHA8. HVT>K Prest.
Cashier.
G. P. Curry,
Edward C. Anderson, Jr.
Exchange Bank, Augusta, Oa.
BANKKR, FACTOR AND
Commission
Merchant,
SvTannah, Ga»
Kegotiate
BANKERS
Southern Baokers.
dise
Bankers, 13 Wall
$200,000
W. Wheatley &
T.
Capital
PRESCOTT, GROTE &
\V.
Planters
TITUSVILLE, PENN.,
Philadelphia.
Issue StcrliuK Exchange and demand notes In sums
to suit purchasers, payable^i all parts of Great Britain
(Wid Ireland, and available for the Continent of Europe
Messrs.
&
AUGUSTA, GA.
Liverpool.
Tapscott, Bros.
86
W. Clark &
.
vespondcnts.
Petrle
Vlce-Pre»'t.
Merchants
&
BANKERS,
,
0'y the GUION .LINE jif Mali_Stcamer».
ADVANCES MADHUPON CONSIGNMENTS OF
Loudon.
Jos. S. Bkah
Casb'r.
T. P. nRANOH,
Jknkinb,
BANKEKS,
in
63 'Wall Street, New ifork.
TRAVELERS and COMMERCIAL CREDITS ISSUEDj available in all parts of Europe, &c. BILLS
OF EXCHANGE drawn In sums to suit purchasers
S.
J.
Pres't.
all
BKJamisok&Co.
Williams & Guion,
Alex.
Crab.
Cash Capital,
N. Y.,
CcUlon
Cashier.
Assistant Cashier.
Special attention paid to rnlleetlons.
Exchange on Paris and the Union Bank of London,
sums to suit.
Subscription agents for The Chronicle in Paris.
Co..
AKMSTRONO,
Philadelphia Bankers.
ISSUE
COTTON, and
tlOO.OOO
-
o( Talladega, President.
NATIONAL BANK,
Co.,
-
P.
JNo. W. LOVE.
)
Circular Notes available for Travelers in
Europe and the East.
PARIS.
-
JAS. ISBKLL,
llHuk.
^PABIS
?-
Marcnard, Andre
Credits for Travelers In Europe,
-
...
Capital
)
PARIS, LONDON, BOSTON.
WILLIAM STREET,
City Bank
E
N.T. Correspondent— Importers and Traders Natlona
Co.
and
Lawton, Pres't.
.
OF SELIUA.
WM.
^LONDON.
Co ..(
Sc
J
STATE OV ALABAMA.
o:
id on
Credits issued
City
and
W.
M. Fabkak. Cashier.
]
CONSOLIDATED BANK, LONDON,
AND ON
miTNROE & CO., PARIS.
ope,
or to Enrol
ASHER ATERS,
LAWTON.
B. L. -WILLINOHAM,
JACKSON DeLOACH, (Uecc'd.)
and Travelers'
inert
ExchaBge, and Commercial
The
all
W. J.
J. S. SCUOFIELD,
S.
t, Boston.
70 State Street,
York.
Street, hTeiw
on
Directors.
&
& Co.,
Page, Richardson
—
RBANKERS,
Issne Clrcnlar Letters of Credit for Travelers on
19
Particular attention given to Collections
accessible points, and proni|>t returns made.
BOSTON.
Bills of
great advantage.
TRANSACTS A GENERAL BANKING BUSINESS.
of Euiope.
DEALERS IN GOVERNMENT
Co.,
witli
Planters' Banking Co.,
MACON, GEORGIA.
Gold, S tate, City, County and Railroad Bonds.
&
.
Collections attended to with precision and dispatch,
free of charge, and remitted for on day of payment.
The Collection paper for all this Slate and Florida can
BAN ICE us,
parts ol the world.
Wall
ta
6 E O R G I -^
Paid-Dp Capital, - - - $1,000,000
INCORPORATED UNDER STATE CHARTER.
and Coun-
^_^
&
Trust
Company,
SAVANNAH,
E STItlSBT,
I IS
Brewster, Sweet
BANKERS.
8
H
Western City
sell
available lu all pa
WALL STREET,
John Munroe
No.
S
&
Savannah Bank
STEULING EXCHANGE.
Commercial and Traveler* Credits
all
par dur-
tW Quotalionn of Southern Securities issued iceeklij.
drawn by Jay C'OKe & Co., on Jay Cooke, MeCulloch
& Co., Lon luii.ln sums nd at dHie.s to HUit.
CO»lMlil!CIAL CliKDlTS AND ClltO' LAK LETTrKS i-oK TKAVEL'.Kf.S .SSUtD,
ISSCK
Available in
DE VO N
34
No. T Congress Street,
Morton, Rose & Co., London.
HOTTINGUER & Co., - - PaRIS,
Hope & Co., - - - Amsterdam.
&
BELOW
patch.
Cobb,
Dealerj in GoVfrntnent Securities, Gold
County and Cliy oud», al-o
Allow Interest
on Deposits, and draw Exchange on
NO. 59
rules
and ACCEPTANCES payaSouth Carolina, North Carolina and Georpia can
be concentrated at this point with PROFIT ana SAVING OF LAIiOR.
t*'" All business attended to with fidelity and des-
BANKERS,
;
Brown Brothers
&
FooTE
Negotiate First-Class Railway, City
and State Loans ; Make Telegraphic
Money
York Exchange, which always
ir NOTES, DRAFTS
ble In
bonds^^
the World.
Transfers of
tar SOUTHERN COLLECTIONS receive the SPECIAL and PERSONAL atleotlor of this House. Returns made FAITHFULLY and PKOMl'TLY In New
Cities op Europe.
BOSTON,
Buy and
parts of
all
BANKER,
DEALER IN SOUTHERN' SECURITIES,
CHARLESTON, S. C.
AND
45 Wfall Street.
Olllce,
Parker
Issue Circular Notes and Letters of
Credit for Travelers; also Commercial
Kaufman,
A. C.
ExcuANOE ON London, Paris,
and OTHER Continental
& Co.,
1872.
InK the attlvc business season.
bonds dealt In on Commission.
Interest on deposits.
Morton, Bliss
the World.
Invbstmbnt SEcaRiTiES and Gold.
and Franc Ex-
Cointnirclul anil Travelers' CrcilltB
7,
Sauthem Bankers.
Boston Bankers.
& Co.,
Walker, Andrews
[September
Special attention given to consignments of Cotton.
Gold, Stocks, Bonds and Foreign and Domestic
iKZChange, bought and sol^.
Collections promptly remitted for
Orders solicited (or the purchase oi Seles of Produce
and Securities. Prompt atteutiop guaranteed.
New Tork Correspondents Lawbkmoz Bsos. ft
:
Southern Secnritles 'of every description,
Bank Notes;
Bonds and Coupons.
current
State, City
ff^ Collections made
&.
\1z.;
Un
Railroad Stocks
. .w. o. .
all parts of this State
^
.,
and
South Carolina, and remitted for on (tey of collection
at current rate of New York Exchange.
Cubbedge
&
Hazlehurst,
B INKERS AND BROKERS,
M^0O(<
Make OoUectlonn and do
UA.
a General Banking and
Brokerage Business.
BKJ^JttS
TO EAST UIVBB NATIONAL BANK.l
:
September
THE CHRONICLE.
1872]
7,
Commercial Catds.
Bailroada.
Co.,
Olyphant & Co.,
MERCHANTS
COMMISSION MEIiCnAXTS,
Heyerdahl, Schonberg & Co.,
31 PINE STREET, NEW YORK.
Fiaano'al.
&
R. T. Wilson
AND
BANKKllS
44
COMMISSION
Hong Kong,
BROAD STREET.
OliY'PIIAMT & VO.f or China,
104 Wall St., New York,
and Bonds
BouKbt aud Hold on Commission, and
LOANS NEGOTIATED.
Acconnta received and Interest allowed on balances
may bo ebecknd lor At altfhr.
&
Boston,
street,
Iron Rails,
Agents in the United State* for
Sole
HEARD
A CO..
NEGOTIATED.
^RAILFtOAD 8K(;URITIES
CRUCIBLE STEELWORKS,
or CHINA AND JAPAN.
Street, liOuiavllic, Ky., dealers hi
Co.'s
ic
BESSEMER STEEL BAILS.
AGUNTB KOK
AlJOrSTINE
And I>onio8tic KxrhnnKe, tiovernment Bonds
aadallLociU Seciirltieo. Give prompt attentlou to
f<»U*MiMni.B and or(|«r« for '»v«(rt.niflnt o1 fnnHn.
Steel and
Samuel Fox
ee state
Co.,
BANKE».S«
C, London.
10 Cornlilll, E.
Everett & Co.,
wlilcb
West Mitn
tc
RKPUKSENTKI) uy
Goveruiuent Sccarltlcs, Gold, Stock*
130
Slianglial, Poorliowr
(unton, China.
liberal cnsli AflvAncen ma<le on cunsltfBmcntfl ot
Cottuit and Tohncco to our aUdrusti ; altiu to uur Iricudu
In Ltverpool and Londuu.
Morton, Galt
383
Forttlirri
Advances made on ronsltrnments
ot
approved mer
chandlze.
Samuel A. Gaylord & Co,
BUOKRRS IN WKSTKUN SKCUU1TIE8,
33 AVall
NEW YORK.
Stireet,
H2i North Third
ST. I.Oi;iS.
St.,
STOCK BROKER,
OIBce No.
21
West Third
it
Co.,
N«w
No. 87
P. O.
Higginson,
Manufacturers of
BEAVER STREET.
NEW
Box No. «00.
Axles, Forglngs, &c., Ac.
YOKE.
OFFICES
RlCrBKSENTINO
•'
DDM.MLEB & CO., Bat;ivla and Padang.
CHAS. TIIOREL & CO., Yokohama.
CLAUK. SPENCE & CO.. Galle and Coloml)0
OILFII.LAN, WOOO & CO.. Slncaiiorc.
SANUILANDS, BUTTERY & CO., Pcnang.
NEW TOKK
No.
Coffee Orders Received for Rio
John Dwight
&E. Wright & Co.,
NEW YORK.
BOSTON.
PHILADELPHIA.
OH Franklin street
S41 Cheetnnt etreet
EDWARD
&
Co.,
SUPER CARB. SODA,
&:c..
MANUFACTURERS OF
Co.,
ELEPHANT BAGGING,
Warren Cotton mils,
Henry Lawrence &
Cordis mills.
Brinckerhoff, Turner
&
Polhemus,
192
FRONT STREET, NEW
^
all
Banting Company.
Widths aud Colors always
No. 142
13
J.
Wilcox
Dnane
in
&
LARD
Sts.
VIU.
nannfkctnrers 'Warehonae and Sole
Agency,
91
John
SBI.1*IA,
&
Co.,
K.
RAILROADS, BRIDGES AND EXPL0KATI0S6,
"SEBRELL'S PATENT WROUGHT
IRON VIADUCTS."
AI.ABAin:A,
Buyers of Cotton
For a Commission.
Mining
Co.'s
CCmBERLAND COALS,
AND
FALL RIVER IKON WORKS
Nails,
TO
—
O
attention given to the cxajninatlon
Public Works for capitalists seeldng investment.
JAS.
LOVKLL.
General Agents.
Borden
Serrell,
T8 Broadtvay, Ne«ir York.
40
Z..
AND
John C. Graham
LOA<S. 4c.
WADSWORTH,
Banker and Negotiator,
Borden & Lovell,
COmmiSSION raEROBANTS
THew York,
Street,
DONl).l.
CIVIL ENGINEER,
YORK.
BORDEN.
YORK.
Railway
BE.VVER STREET,
STEEL PENS,
Rostoir.
Sc:huyler,
Edward W.
SALES OFFICE
NEW
si..
STEEL and I '.ON PAILS tOOOMOTIVES, CARS, and other StipplifS,^.^,' ,if /foliate
or Particular
OIL,
sorer.
Devonshire
Rallw^ay Commission Merebants.
f
Washington, Vestry dc Grcenivlch
59
&
43
Con'rsct for
AND
Street.
Tie
H.
NEW
Co.,
LARD, STEABINE
I.EAF
stock
Tools,
PINE STREET.
RAILWAY
STRIPES."
Also, Agents
supply
Jones
Y'OUK.
E. W. CORIilES,
6(ij< Pino Street, No«r York.
Wm.
antl
Ma nchcstor. N.
REPRESENTED BY
And all kinds of
COTTON CANVAS, TELTING DUCK, CAR COVER
ING, DAGGING, RAVENS D0CK,SAIL TWINES
&C. " ONTARIO " SEAMLESS BAGS,
full
MANUFACTURERS OF
Locomotives, Stationary Steam Engines,
Yokohama and Hlogo, Japan.
COTTONSAILDUCK
ITnitod States
Locomotive Works.
Smith, Baker & Co.,
com MISSION mERCHANTS,
Manufactnrera and Dealers In
~"
MANCHESTER. N. H.
Sons, ARETAS BLOOD,
W^. C. MEANS.
snperintendeut
FOR EXPORT AND DOmESTIO TTSE.
Co.,
New York,
mANCUKSTEK
MANUFACTURERS OF CORUAQE,
Tborndike
Johnston,
in store.
in HEIIIP
Laconia Co.,
Boston Dock Co.,
Franklin Co.,
&
MANUFACTURE.
HAVE FOR SALE
3,000 Tons 5C lb. " Crawshay " FIsU
Bar Rails, to arrive.
1,000 Tons 5« lb. <' North Yorkshire" do., in store.
500 Tons 56 lb. " Aberdare" do.,
and Dealers
GASGS OF RIGGING MADE TO ORDER.
Office, 113 AYall St.,.N. Y.
Continental mils.,
JAUB8 JOUHSTOK
OF APPROVED FOREIGN AND DOMESTIC
Cordage,
Columbia nifg. Co.,
Androscoggin mills,
A
SOCTH CaXAL STBECI'.
Iron and Steel Rails
New
No. 11 Old Slip,
York.
The .Jobbing Trade ONLY" Supplied.
OtlH Compan}'.
"AWNING
86
48 Pino Street,
William Wall's Sons,
AGER rs FOR
niftr.
CHICAGO:
BIOELOW.
P.
Bigelow
SAI.ERATUS,
Peppercll Mfg. Co.,
Bates
:
Fedkrai. Stbest.
125
59 John Street, N. Y.
& 94 Franklin »treet
Oa
No.
W^M. TOOTIIE, General Agent,
M.-VNUFACTURERS OF
S.
t
BOSTON
:
JoHjf Street.
PHILADELPHI.l:
218 SODTH FOURTU ST.
Jansib
i>E
r,9
Vnrk.
Miscellaneous
J.
Co.,
CRUCIBLE STEEL TYRES,
Street, Clnclunstl, Ohio.
BUI to: All Clnctnnutl Banks, and Messn. LOCE.
a 'M>l>
Stephen
Hewson,
F.
&
Lcivistoivn, Pa.,
Messrs.
W. M.
William Butcher
43
EXCHANGE PLACE,
New
York,
RAILWAY
IRON.
Rosendale Cement Co.,
CEMENT OF THE BEST
i^ITALITir
No. 102 Wall Street,
CO.'S
Bands, Hoops and Rods,
aud 71 WEST ST., New lork.
Sc
Wew
R.
W. be; edict, SecreUry.
York.
James A. Cottingham,
SHIPPEK
Locomotives, Cars
RAILROAD IRON,
BOHOONEKS, BAUliES, AND
LIGHTERS,
FOK WARDING
OF
A
CuNARD
KKOM NBW YOKK.
*
Saturday, Sept. !.
Saturday. Sept. 14.
Saturday, Sept. 21.
Saturday, Sept.28.
ALGERIA
Saturday, Oct. 5.
PARTHIA
And every following Wednesday and Saturday trom
CALABRIA.."
ABYSSINIA
BAT A VIA
Rails
Steel
and
|80, $100,
tlS«
fold, according to accommodation.
$15 gold additional.
Icliets to Paris
Return ticlcets on favorable terms.
»30 currency.
Steerage
Steerage tickets from Liverpool and Queenstown
and all parts of Europe at lowest rates.
Through bills of lading given for Belfast, Glasgow,
Havre, Antwerp and other ports on the Continent, and
for Mediterranean ports.
For freight and cabin passage apply at the Company's otllce, No. 4 Bowling Green. For steerage pasat 111 Broadway, Trinity Building.
sage,
"*
(JlkAS. G. FRANCTJLYN. Agent.
'
Specialty.
For
UNUSUAL INDUCEMENTS
to the troudc, and to ensure safety and despatch In
shipments of the above.
Iron and Steel Bails forwarded from Port of New
..
Wednesday, Sept. 4.
Wednesday, Sept. 11.
Wednesday, Sept. 18.
Wednesday, Sept. 25.
Wednesday, Oct. 2.
CHINA
UUSSIA
CUBA
SCOTIA
Having for many years been Identmed with this
business our great experience enables us to oHer
1
Line.
New YorK
RATES OF PASSAGE.-Cabin,
ON FIRST CLASS
and
Ocean Steamships.
AMEUICAN KOYAl
THE BKITISH AND NOItTH
MAIL STEAMSHIPS.
BETWEEN NEW YOKK AND LIVEROOL,
CALLING AT COKK HAUBOU.
JAVA
AND
Iron
[September 7, 1872.
Ocean Steamships.
Railroads
York
made
CHROmctE.
TttE
BS4
Contracts
to any part of the United States.
to Include all the expenses in port on same, and
urance to any point required.
(Via <lueenstowu.)
CARRYING THE UNITED STATES MAIL.
THE LIVERPOOL AND GREAT WESTERN
will despatch one of their first
class, full-power, iron screw steamships from
PIER No. 46 NOitTH RIVER, EVERY WEDNESDAY
ao follows
&
JA.MES
&
Sept. 11 atl2M.
Sept. 18, at 3 P.M.
IDAHO, Capt. Price
Sept. 25, at 12 M.
MINNESOTA, Capt. Morgan
Oct. 2. at 3 P.M.
WISCONSIN, Capt. T.W. Freeman
Capt. J. B. Price... Oct. 9, at lOX A.M.
Oct. 16, at 3 P.M.
NEVADA, Capt Forsyth
MANHATTAN,
freight or cabin passage apply to
WILLIAMS & GUION,
104 West, corner litberty Street,
No. 6! Wall-st.
J.
HOWARD MITCHELL,
THE SIX LARGEST IN THE
REPUBLIC,
CELTIC,
OCEANIC,
ADRIATIC.
BALTIC,
ATLANTIC,
6,000 tons burdo»—3,000 h. p. each.
from New York on SATURDAYS, from
THURSDAYS, and Cork harbor the daj
Liverpool on
following.
i'HILIP
S.
JUSTICE,
New
Y'ork.
42 Clia' Street.
Pldladelphia.
14 ]^orth 5th Street,
The contract
1.
27
Justice,
S.
O N S O N .
SOUTHAMPTON BUILDINGS.
the White Star Dock, Pavonia Ferry, .Jersey City.
Passenger accommodations (for all classes) unri
From
vailed,
combining
„
_
MONTH.
The Steamer " ST. THOMAS " will sail from Pier 12,
North River, ou Saturday, September 7th.
Shippers will be notified when she is ready to receive
freight.
Timely notice will be given of the days of departure
for the monthly trips of the Company's steamers.
For rates of Freight and passage— special attention
being paid to insure the comfort of passengers— apply
to the Owners,
LEECH, HARRISON &. FORWOOD,
Liverpool and London,
in
88
Wall
RATES— Saloon,
t;80
gold.
Miscellaneous.
parts of America.
India, Australia
all
Hamburg, Norway, Sweden,
Excursion tickets granted at lowest rates.
Drafts from £1 upwards.
For inspection or plans and other inf ormation^apply
at the Company's offices. No. 19 Broadway, New York.
J. H. SPARKS, Agent.
Transport ation.
Stonington Line.
FOR PROVIDENCE AND BOSTON.
THE SPLENDID
SIDE- WHEEL
Capt.
HAVKE
to destination.
B.
Watson
COTTON BUYER.
MACON
Georsltti
RR
to
will leave Pier 28, North River, (foot of Murray street,
connecting at Sandy Hook, with trains of N.J. S.RR.),
aa "follows
6:45 A. M.'—Through train for Philadelphia, Vineland,
Brldgeton, Bay Side and Vinelaud stations.
9:40 A.M.— way train for Tom's Klver, Waretown,
and intermediate stations.
4:00 P. M.— Through trahi, same as 6:45 A. M. Ex'
press for Long Branch.
4:45 P. M.— Special train for
Long Branch.
All Tralus Stop at I^ong Brauch.
The 6:45 and 9:40 A. M. and 4:00 1\ M. lines connect
Bank; the two latter for Port Monmouth.
for Red
F. P.
Company.
NEW YOUK, calling at
Brest
Shortly once a week.
Twice a month.
Once a montt-
From ST. MAZAIRE to ASPINWALL, calling at
Martinique, La Guayra and Sta. Martha, and vice versti
Once a mouth.
From
PANAMA to VALPARAISO, calling
Branch
ST.
THOMAS
to
at Inter-
Once a month.
I^tnes, [Postal]
ASPINWALL,
:
calling
a*.-
Porto Rico, Hayti, Santiago de Cuba, Kingston,
(JamaicaJ and vice versax Once a month.
From ST. THOMAS to FORT DE FRANCE, (Martinique,) calling at Basse Terre,( Guadeloupe,) Pointea-Pitre, (Guadeloupe,) St. Pierre, (Martmique,) and
vice versa. Once a month.
From FORT DE FRANCE, (Martinique,) to CAYENNE, calling at St. Lucia, St. Vincent. Grenada, Trinidad, Demerara, Surinam, aud vice versa.
Once a
mouth.
The splendid steamers of the South Pacific Line,
leave Panama for Valparaiso and Intermediate Points
of Ecuador, Bolivia, Peru aud Chili, on the 30th of every
month and connect closely with the Steamers of the
Pacific Mail S. S. Company, leaving J^ew York on the
15th of every month for Aspinwall.
For Rates of Passage and Freight, Dates of Departure, or further iufonnation, apply to
GEORGE MACKENZIE,
Aeeut. 58 Broadw^ay.
To
THROUGH LINE
California & China,
AND Japan.
THROUGH FARES-NEW YORK TO
First Class
Steerage
BAN FRANCISCO.
$125 to $150
-----
-----------
$60
According to location of berth.
S^
THE STEAMERS
Plyiuouth Rock and Jesse Hoyt
Wag;.,S
R.
GUYANE,
Sonora,
Caraibk,
Cacique,
PACIFIC MAIL STEAMSHIP COMPANY'S
_^
New Jersey Southern
RAOWMAN
Guadeloupe
Desirade,
From ST. NAZAIRE to VERA CRUZ, calling
Santander, St Thomas and Havana, and vice versa
;
B. J.
)
atlantic
From
vice verva.
Tickets sold and State Rooms secured at No,
319 Broadway, cor. New Pearl street, and at Westcott
Express Co. 's, 785 Broadway, cor. Tenth street; 1,302
Broadway, cor. Thirty-fifth street or 327 Washington
D. S. BABCOCK, President.
street, Brooklyn.
BACHMAN.
i
Postal liines of the General Trans-
By
2; J.
ViLLE DE St. Nazaibe,
ViLLE DE Bordeaux,
LonsiANE,
Flobide,
Martinique,
Wm. Jonks.
B^~ Baggage checked
JOSEPH BACHIVAN
Kingston, Jamaica.
Perkirk,
ViLLE DE Paris,
St. Laurent,
ViLLE DD Havre,
Europe,
Washington,
ViLLK DE Brest,
nouveau-monde,
a tla nt i que,
Fbanck,
Panama,
STEAMERS
Capt. Ray Allen.
Leave Pier S3, North River, foot of Jay street, daily^
at 5 o'clock P. M„ arriving at Boston In ample time to
connect with all the EARLY EASTERN TRAINS.
No, 3 HIAIOEIV liANE,
MCDOWELL & BARCLAY,
N. Y.
General Transatlantic Co
NARRAGANSETT,
Ware.
NEW YORK.
St.,
STONINGTON,
GorhamMl'gC mpany'b
Sterling Silver
CO.,
OF THE
From
Steerage, »S0 currency.
Those wishing to send for friends from tlie Old Country can now obtain steerage prepaid certificates, |3S
China, etc.
Mining Ropes, Cables, &c,
nalv'd Iron AVlre, Ship's Rigging,
Galv>d Corrugated Sheet Ir«n,
Wi-ouglit Iron Screiv Piles,
Ship's Forglngs, &c.
to their Agents,
&
^SiiSTEAMERS
midship8eetion,wherelea8tmotionisfelt. Surgeons
and stewardesses accompany these steamers.
Paris,
Steel aud Iron Ralls,
C. S. Tyres and Axles,
Steel and Iron VTire,
Or
PIM, FORWOOD
mediate ports, and vice versa.
SAFETY, SPEED AND COMFORT.
currency.
Passengers hooked to or from
O
NEW
YORK and KINGSTON, Jamaica, having becnawardM
by His Excellency the Governor of Jamaica, to the proprietors of this line, their Fibst-Clasb pull-powkeKD Iron Steamers will be despatched EVERY
Saloons, state-rooms, smoking-room, and bath-roome
Philip
MAILS.
for conveying the Mails between
Cabayellb
NEW YORK, CORK AND LIVERPOOL.
NEW AND FBLL-POWERED STEAMSHIPS.
WORLD.
Sailing
NEW YORK.
SAVANII.I.A.
UNDER CONTBACT TO CONVEY THE
•
N. 11. Railroad
N. H. Railroad.
3HARLES FOX. Esq ...Pres. South Side R.R. of L. I.
Supt. South Side R.R. of L.I.
C. W. DOUGLASS
Clllf Street, N ew York.
W. BAILY, LANG & CO
JAIHES A. COTTINGHAM,
JAMAICA AND
WYOMING, Cant. Whineray
For
REFEREIVCES.
,rS^*^fomooA lilne or Steamers
STEAM COMPANY
Cabin passage, $80 gold.
Steerage passage (Offlce No. 29 Broadway) $30 cur.
D. BISHOP.... Pres. N. Y.
Supt. N. Y.
H. HOYT
Company.
Steamship
Liverpool,
rency.
HON. W.
ATLAS
G. W. BENTLEY,
General Manager, 130 Broadway
FIKCH, Agent, Pier 28.
These rates include berths, board,
for the trip.
and all necessaries
CHANGE OF SAILING DAYS.
Steamers of the above line leave PIER No. 42 NORTH
RIVER, foot of Canal street-, at 13 o'clock, noon,
Ou
10th, 20th
As
except when those days
30th of Each Month,
fall
ou Sunday, then the day
previous.
One hundred pounds of baggage
free to each adult
Medicine aud attendance free.
Steamer will leave Sau Francisco Ist every month
for China and Japan.
For freight or passage tickets, and all further information, apply at the Company's ticket office ou the
wharf, foot of Canal street.
F, R«
BABY,
AseUt,
,
:
tm
September 7 1872.]
ATLANTIC
THE
Imperial
Hope Fire Insurance Co.
FIRE INSURANCE COMPANY
Co.
Insurance
Tobk, January
BROADWAY,
PARK BANK BUILDING.
NO. 214
26th,
LOUIS
IffTS.
In conformity to the Charter of the
submit the following Statement of its
from
let
Agency,
marked
off
2,033,675 18
January, 1871
Total amount of Marine Premiums.
$7,446,453 69
.
Vo policUs iiave been issued njon Life
(
of
.^tna Insurance Comp'y,
HARTFORD Conn.
INCORPORATED 1819.
Net Aamets
$85,U10»J
....... $3,000,000
$6,000,000
Springfield
FIRE AND mARINE INSURANCE
COMPANY.
INCORPORATED
$973,211 81
Caah Capital
Net Asttets
The Company
the following Assets, viz. s
United States and State of New York
Stock, City, Bank and other stocks.. $8,143,240
Loans secured by Stocks and otherwise 3,379,060
217,600
Real Estate and Bonds and Mortgages.
Interest, and sundry notes and claim*
386,739
due the Company, estimated at
Premium Notes and Bills Receivable.. 2,406,937
-
-
...
-
ha. iMued no Policies excepton Cargo
and FrelKht for the Voyage.
No Risks have been taken upon Hull*
of Vessels.
off as
Beturu Premiums
88>M
Tbe Company has
00
00
4^
Cash Capital
...•.•.
$200,000
95
Bix per cent Interest on the outstanding cerlt-fl
cates of profits will be paid to the holders thereof,
or their legal representatives, on and after Tuesday
»he Sixth of February next.
^IThe outstanding certificates of the issue of 1868,
will be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday
the Sixth of February next, from which data all
certificates to
JAS. A.
ALEXANDER & PECK,
SWISS LLOYD
INSURANCE
MARINE AND INLAND
COMPANY
OF WINTERTHUR, SWITZERLAND.
$1,464,693.64
OFFICE IN NEW YORK:
No. 63 irilllain St., Corner of Cedar.
G.
HENRY KOOP. Assistant Manager.
HUGO MENZEL, Attorney.
TRUSTEES
AUGUST BELMONT,
A. A.
I
LOW,
I
W. WATTS SHERMAN,
ADRIAN
PER CE>IT INTBREST
ISELIN.
Henry
Wm.
'
Hebruary, from wuich date, inc rest thereon will
Ihe certltlcates i-o ue pruauced at tlmeol
oease.
payment and cancelled.
A Dividend In Script of FIFTERN PER CENT. If
declared on the net amount of Earned Premiums for
the year ending December 30th, 1871, for whi.^h CertlllcatBS will be issued on and alter TUhBDAY, the Jo
day ol April next.
TRUSTEES!
John E, Myers,
William Leconey,
A
Wm. Hegeroan.
James K. Taylor,
Adam T. Bruce.
C. Richards,
Q. D. H. OiiUsple,
<J K Mllnor.
Murtin Bates.
B W.
Albert B. Strange^
A.Auirustue Loir,
Emil Helnemano,
Bull,
Horace B.
Jeta al
Claflln,
W. M.
A. S.
Richards,
Barnes,
KKbert Starr,
Wm. T.
Colt,
Lewis
Curtis,
Charles H. Russell,
Lowell Holbrook,
R. Warren Weston,
Royal Phelps,
Caleb Barsrow,
& P
K, Waller.
hlodgett,
8. O.
Southmayd,
Thos. B. Merrick,
Georire A. Meyer,
Ferolnana A. Bokea,
Walter H. L- wis.
K. Mri'K.'i. fresident.
JOHN
WILLIAM LECONET, Vlce-Presld«oh
<«
THOMAS HALE,
Secretary
Wire Rope.
STEEL, CUARCOAI..
B. J. Rowland,
Benjamin Babcock,
Robt. B. Mintum,
Gordon W. Bumluim,
Frederick Chauncey,
George S. SteohensoD,
Samuel L. Mitchell,
James O. De Forest,
Robert L. Stnsrt,
Alexander
l$l«k(\
Dennis Perkins,
%
Charles D. Leverich,
J.
rS
E
....
.
DOUBLE ELASTIC
Stoclii)
;
or
tlicy
Oilman,
C.
DKALKR
\V
INSURANCE SCRIP,
Fire and Marine
Inanrauce
("nt.
MASON t CO..
Rroadivay, New York
Spencerian
"SPECIALTY."
William
on
TV.
43
Scrip.
Cash paid at once for the above Securities
will be sold on commission, at sellers option.
48
JOHN
WALL STREET,
and
A
constantly
hand, from which any desired
Bailey,
Fire and Marine luDurauce
Stock
Mlnlnc
&c.
Purposes,
lengths are
$1,000.00
Dealer In
D. JONES, President,
CHARLES DENNIS, Vlce-Pres't,
W. H. H. MOORE, 2d Vice-Preg't,
J. D. HEWLETT, 3d Vlce-Prwrt,
S
.
65
.»^
Large
lACjrAK. A ANCE COMPANY,
201 RROADWAY.
Casb Capital,
Sheppard Gtndy,
William E. Bunker,
Sturgis,
ricks, Inclined Planes,
(3jBJjC0j'»a Hoisting
WilUam H. Webb,
Daniel
Wm.
Rigging,
Ships,
Suspension Bridges, Guys, Der-
James Bryce,
Henry K. Bogert,
and
very best quality
for
suitable
Francis Skiddy,
Charles P. Burdett,
Rob't. C. Fergusson,
S. Miller,
tlie
Jr.,
William K. Dodge,
David Lane,
Pillot,
Head,
John
William A Hall.
Theo. w. Moiris,
John A.Bartow,
Alex.M. E^rle,
H. C. Sonthwiek,
Francis Morao,
C. A. Hand,
James Low,
C. Pickersglll,
on the outstanding
THE HKMAIiIIN(i PiF IV PEU CKNT Of the OUT.
STANDING CERTIFICATES OF THE COMPANT,
|>F IHE I.S.SrrE OF 1866, will be redetm^d and paid
Incash totheb'}ld<>r9 thereof or their legal representatives, on and after TDESUAV, the 6th day ol
TRUSTEES.
W. H. H. Moore,
44.004 48
$1,683,547 19
U. B., of
Charles Dennis,
ItOJTS 7S
Csrilllcates of Profits, will be paid to the huldeis
thereof. or their le^al represeniailves, ou and alter
TUESDAY. ho 6th day of February.
Secretary.
Joseph Galllard,
$*12J69M
SS^OOO 00
^a/)i/a^ ffoh) f/GOOQOOa.
D. Jones,
(JO
Re-Insurance and Claims due the
Company estimated at
order of the Board,
H. OHAPniAN,
2i2,(M>
Receivable
advance of
Moses A. lloppock,
:
April next.
J.
Bills
Stibscrlption Notes in
...--.-
Aasets,
be
produced at the time of payment, and cancelled.
ITpon certificates which were issued (in red scrip)
for gold premiums ; such payment of interest and
redemption will be In gold.
A Dividend of Forty Per Cent is declared o« the
net earned prei^lums of the Company, for the year
ending 31st December, 1871, for which certificates
will be issued on and after Tuesday the Second of
By
Premimi Sotes &
SIX
AscntB.
The
4:t».231 15
Total aiseto
OF PROVIDENCE, R. I.
ORGANIZED NOVEMBKB, 1871.
00
n
follotvlnc
IIOW'OT 61
United States and other Stocks.
Loans on Stocks Drawing Interest
. .
Newport Insurance Co.,
$14,806,812 37
Interest thereon will cease.
tlie
Premiums
274,345 01
Total amount of Asseta
Earned, during the
period as above
$)53,005 19
Paid for Losses and Expense*, less bavlng-,
&c.,dunne the same period
441.668 91
Assets.
lias
CashinBank
$687,423 81
Company
This
CashinBank
1849.
$500,000 00
$900,106 76
-
(02,112 95
amount of Marine Premiums
Total
Fremlams marked
Premiums
& Expenses.
1
la71....
Premlnms received from January
1 to Decembei 80. 1371 inclusive.
Sprlnsfleld, ITIaBs.
Betnms
published in conformity
12 o( its charter:
Is
Outstanding Premiums. January
Oasb Capital
; nor upon Fire Rislcs disconnected with Marine Risks.
Preminms marltcd Off from 1st January,
$5,376,798 34
1871, to 31st December, 1871
Kislis
Losaeg paid during the
sameperiod.
$2,735,980
Company
with the reaulrements of dec lun
t8,412,'m 51
Policies not
119
aflairs ot the
New York.
No. 173 Broadway,
De-
cember, 1871
Premiums on
CO.MPANY,
BROADWAY. S. W. COK. CKMAR ST.
Naw Tobk,' January 18,1872.
Vl'UK FOLLOWING BT^TKMENT OF THB
No.
Rieica,
let January, 1871, to Slat
Mutual Insurance
Pacific
Ai»»li»tan« Secretary.
Fire Insurance
December, 1871
31st
Premiums received on Marine
JACOB REESE,
Prealdent.
BAVARD,
P.
or LONDON.
$8,000,000 Ciold.
CHIEF OFFICE IN THE U. S.
Nos. 40 to 44 Pirn* Street, New York.
....
Assets.
EatabllKhed 1856.
The TrnBtees,
Company,
afTairs on the
Insurance.
Insurance
OPFICK OP THE
New
ns
GflRONtOLK.
Insurance.
Mutual
'
Stoclt
Pine Street, corner of William Street, f.Y
STEEL PENS.
These Pens arc of superior English manufacture
arc a nearer approximation to the real SWAN
than anything .iltherto Invented. We hav
recently added a new pen to the nuinbelL of grea
superiority wh ere nne writinK is desirab le, which
anil
OUILL
THE
CU'EEN,
we designate I
The Spencei-im^Tf^ are jov suit
tW
groHS
and OHarter gronH
I or.
No. It
everywhere,
boxes.
A Sample Card, containine all tbe FIFTEE
Nu!ilBERS. securely enclosed, will be sent by mail, o
receipt of 25 cents. Address
IVISOV,
188
BL4KEMAN, TAYLOR & CO.
140 Graad St., N. Y,
A
-
:
THE CHRONICLE.
336
Ootton.
H. W. Farley,
STRICTLY COMMISSION HOItSE.
AND
13a Pearl
Street,
BOX,
p. O.
H W
Fablbt,
New
(Late of
Now York.
(Late Waters, Pierce
&
Co.,
JOnsS. KENNIDT. HINBTU. BAXKK. JOHN
Bar and
J..
F. 9.
HA0LBHO8E.
Iron Ralls, Steel Rati*, old RalU,
Beasemer flu iron, ^crap.
Steel Tyreii, Boiler Plate*, Ac
AGENTS FOR
The BowHni? Iron Company, Bradford England.
"" WorklhK
•"--'"'"3 West <;uinberlaud lie
'" Iron Co.,
The
llematl''e
Walsh, Smith,
Crawford
'
Co.,
8c
NEW YORK.
Factors,
COMillSSION MERCHANTS,
—
ton Kii^hmd.
Supply all Railway Eqnlpment and andertake a
Railway business Kenerally.
&
Gilead A. Smith
Robt. L. Maitland& Co., Crawford, Walsh,
No. 43 BBOAD STREET, NEW VOKK.
Smith & Co.,
Cotton
Railway Bonds and Negotiate Loans on
tell
Railways.
No. 56 Broad Street,
S8 "Wall Street,
COB. OF WILLIAM ST.
IMPORTKRS OP
BUT AND SELL CONTRACTS FOR FUTURE
DELIVE ItY OF COTTON.
Eefers by pcrmUslon to C. N. Jordan. Ksti-, Cashier
Third National Bank, New York; Messrs, Howes &
Macy. Bankers,;);! Wall street. New York.
ST..
»
»
Co.,
GENBUAL RAILWAY AGENTS X^»
MERCHANTS.
Co.)
AND BANKERS,
Orleans,) Clen. Partner.
KAITLASD.
CEDAR
41
UARi.
B.
&
Kennedy
S.
J.
COTTON COMMISSION MERCHANTS
39tl9.
Of Moatgoiaery, Alabama*
AUXANDIE
&
R. M. Waters
COMMISSION MERCHANT.
1872.
7,
Railroads.
Ootton.
COTTON FAOTOIl
[September
BARTHOLOMEW HOUSE,
BANK, LONDON
No.
Co.,
BP.OADWAY,
(a
NEW TORK
P.
O.Box5(nO.
Railroad Iron,
Mobile. Ala.
In Ports of
New York and
Neisr
Orleans.
robaceo and Oeneral CommUsIon
MercUants,
Steel Rails of
Advances made on Consignments to
O N » 0~N
AND lilVERPOOL.
Lehmak, Uobr & Co.
VLkiiua?^, Newga:*!) * Co.,
New Orleans, La.
Lehman
Rlontgomery, Ala.
COTTON
McComb, Liverpool, England,
Brothers,
80
IDWIS
&
Flash
A.
St.,
&
W.
Jacob
New
&
Co.,
Wm.
t
{
8T Pearl Street
Seaver
&
Co.,
91 Front Street,
IMPORTERS AND COMMISSION MERCHANT* UI
Bassiag^y Rope,
and
Iron TI««*
BOSTON.
SOON BK
AND WILIi
PRESSchronological
INpubiislied,
and statistical history of
a
COTTON.
will he a hand-book or book of reference for
»11 havlTig any intere.-^t in the Cotton market. The
facts and statistics, aEfrlcultural, manufacturing, and
coniniercUl are complote ironi tiie earliest records to
This
the present time, and are arranged chronologically so
as to present a profile of the progress of the Cotton
trade, and at tae same time be of easy reference for
the merchant or specu'ator.
Not only Is the course of the market shown In minute detail, but also the causes Infiuencing the price.
The wort, which will be a single voUrne of abont
650 pages, is being electrotypt-d, and will be ready for
delivery la about five weeks. It will be delivered in
any pan of the United States for $10 per copy, and in
any part, of Europe for two pounds sterling.
s ibscrlntlon money will now
Orders enclosing the '""
^
the book
^ook will be
transmitted to
be received by me, and
^
-'-- tne subscriptlpns
"--the order
In which
In "
are
BQbscrlbf
BQbscrlbera
K. J. DONNELL,
received.
'
dcllT^
Buy and sell ContracU for pregent »nd fatureMilH,
AgenU for following Bagging
BUrFAi:07 COTTON PLANT, PALMBTTO
Btte* of Cloth.
\
A
S. D.
HARBISON,
WiNSLOW
OAST STEEI.
O. D.
PIIII.A.,
80 State street.
208So.4thstres
RAIIiS,
CAST STEEL TYRES,
Cast Steel Frogs, and
all
F.
WTNSLOW,
Pres. St.L.& S.E.lt'way
&
Wilson,
WILLIAM ST., NEW TORK,
No. S06 SOUTH FOURTH STREET, ST. LOUIS, MO.
iTPOif,
BciLD,
Makaoi ash Equip
RAILWAYS.
sell Securities
Morris, Tasker
of
all
kinds.
&
Co.,
Pascal Iron W^orka, Phtladelpbia.
Mftnnfacturers of Wrought Iron TubM, L*n» Wejd^
Boiler Flues, Gas Works Castings and Street
Mains, Artesian Well Pipeo and Tools,
Gas and Steam Fitters* Tools, &c.
Ifi
GOLD STREET, NEW TORK.
&
Company,
ee
LIBERTT STREET
Nesotlate
BonOs and Loans
for
Railroad Co*.,
Contract for
iron or Steel Ralls, Iiocomotlves,
Cars, etc.
and undertake
all bnslne**
connected with Ralltray
other Steel Material for
Hallway Use.
TAN WAOkNBK
Co.,
BANKERS AND mERCHANTS,
NE\r YORK,
street.
Sc
Npw York. Agpnt
N8.70
M. K. Jesup
'
Cotton Exchange.
•/
Coffee.
& CO.,
NAYLOR
BOSTON,
John
St..
OFFICE AND WAREHOUSES
—Alto—
Railroads.
99
Pi ne
EDWARD
WILSON,
AND DIAMOND.
Intporten of Bio
M
Kegotiate Loans and
Commission Merchants,
JBWBLL.
H.
P. Converse
Late Bt. Maj. Gen.,U.S.A.
/^oss, Roberts & Co^H
(Near Wall.)
New York
ff.
^ERefost
TOP.K.
COTTON
S.
All work accnrately fitted to ^an^es and thoroneh
Interchangeahle. Plan, Material, Workmanship
and Klllcipncy fully ECuaranteed,
Wm. P. Henzey
Chas l'. Parry,
M. Baird,
Oeo Burnhara. Kdw. H. Williams. Ed. Longstreth.
Klnish
Tork^
ON
St.,
Co.,
ly
ConslgnmcntH of Cotton and otUer
Produce,
To Messrs. FRED. HUTH & CO., LIVERPOOL,
WM. P. CAMPBEIili,
Graves,
IT South W^UIIam
NEW
la Texas, for sale t>y
Wall Street,
&
M. Baird
Advances Made
GRATES"
COTTON AND PRODUCE BROKERS,
63 Stone
BALDWIN LOCOMOTIVE WORKS
PHILADELPHIA.
Swenson, Perkins
Nenr York.
BDWAED FLASH.
Pig Iron,
BONDS.
Acres Land
Bro.,
RAIIS, COPPER,
SPlSIiTER, TIN, LEAD,
NICKEL, BISMUTH, &c«
438,000
PEARL STREET,
135
for baling Cotton, Moss,
State of Texas Ten Per Cent Bonds.
State of Texas Seven Per Cent Gold Bonds.
COMMISSION MERCHANTS,
&
Pope
J.
i292 Pearl Street, Netr York.
SWENSON, PERKINS & CO.,
80 Wall St., New Tork.
AND
&
Thos.
etc.
Cot on Factors
183
TIES.
Agency In New Tork for sale of the Arrow,
Buckle and Anchor Ties, manufactured by J. J
Sole
Wool,
most approved makers.
Lessees of Danville, Pa., Iron Works, makers Of
Light Rails for Collieries and Narrow Ouage Roads.
Importers of old Iron Rails for re-rolliog.
Bills of Exchange on Imperial Bank, London.
HOUSE IN LONDON
OBAUNOZT TIBBABH.
ALKX.
P.
riSKl
BHBBSOir FOOTK,
BENZOIV & CO.'
& Co., NAYI.OR,
Vibbard, Foote
Co.,
34 Old Broad Street,
40 BROADWAY, NEIY YORK.
vlio give special attention to orders for
n WATER STREET, NEW TORK.
Steel RaiJs,
OOn.TIISSIOIV mERCHANTS,
Railroad Iron,
as well ae Old Rails. Scrap Iron and Metals.
Iron Rails,
Pare liard Packed for West Indies,
Jewell, Harrison
South American and European
Market*.
BOYIBION DEALERS, COTTON FACTORS AND
MASUFACTURKRS OF LARD OIL.
&
George A. Boynton,
BROKER
70
IN IRON,
WALL STREET, NEW YORK.
Old
Rails,
AND
RAILIYAY EaVIPJnENTS.
@FedFRASER