October 26, 1878, Vol. 27, No. 696 - FRASER · 2018. 11. 6. · and^xmtk hunt'smerchants'magazine....
Transcript of October 26, 1878, Vol. 27, No. 696 - FRASER · 2018. 11. 6. · and^xmtk hunt'smerchants'magazine....
AND^ xmtkHUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF TFIE UNITED STATES
VOL. 27. NEW YORK, 0(^TOBER 26, 1878. NO. 696.
Financial.
THE
National Bank-Note Co.,UNCORPORATED 1859.)
OFFICE, No. 1 IVAIiL STREET,
NEW YORK.Steel Plate Engraving^ and Friiiting
BANK NOTES, Q0VEI4NVIENT ANDCORPOHATION BONDS,
BT1FICATE8 OF STOCK, BILLS OF EXCHANGEPOSTAGE AND REVENUE STAMPS,
PBOPRIETARr AND TRADE-MARK STAMPSIn the Hl^bcst Style of the Art, with epecltl
-sfegnards to prevent Counterfeiting andVlleratlons.
,SECURITY PLATE PBISTISG.
SAFETY TINTS. SAFETY PAPERS.
BAILWAir, COmnERCIAL ANDGENERAL PRINTING.
HAILWAY TICKETS in OXE, 7 WO, THREE orMORE COLORS and numbered ComtecuUvely.
SVMBERED LOCAL A.YD COUPON TICKETSAny Slzt, P.iUtm. StyU or Device,
WITH STEEL PLATE TINTS.
J. H. VAN ANTWERP, Prea't.J. .nACDONOITGH, Vtce-Pres't.A. D. SIIEPARD, Treasurer.JNO. E. CARRIER, Secretary.
FinanclaL
Au P. PoTTXB, Predt. Bah'i. rBiiJ,o>s, Cashier.
Maverick National Bank,BOSTON.
Ckpltal, $400,000rpln*, 300,000Bpeeiil attention given to COLLECTIONS, andromptr— "" '— '— '
BononllTlted.
rompt remittances made on day of payment.Boston business paper discounted. Correspondence
R. A. Lancaster & Co.,BANKERS AND BROKERS,
86 BROADWAY, NEW YORK,DBALXaS IM
Flrst>CIass Investment Securities.eOVEHNMENT BONDS, liTATB. CITl", COUNTT,BAILB0AO& MISCELLANEOUS SECURITIES
Bought and Sold on Commission.Tirjinia Tax-Seceimble Coupont SouglU.
BOVIBERN SECURITIES A SPECIALTY.LOANS NEGOTIATED.
Gwynne & Day,ffaUbllihed 18M.] No. 16 W^all StreeUTnnsact a general banking and brokerage buslne
ts Railway shares and bonds, GoTemraeskt Securities
iMOola.Interest allowed on deposits.
. ISTSstments carefully attended to.
Charles G. Johnsen,
MBRCHAKT AlHD BANKER,
166 OKAYIEB 8TBBBT,
RB>r OQ&P^IIS, LA.
Boston Baniien.
John J.Cisco & Son,
No.BANKERS,
59 Wall Street, Jio\C York.DKPOSITS RECEIVED SUBJECT TO CHECK AT
SIGHT, AND INTEKEbT ALLOWED ON DAlLVBALANCES. '
GOVEKNMKNT BONDS, OOl.D, fTOCKS ANDALL, INVESTMENT SECURITIES BOUGHT ANDSOLD ON COMMISSION.
^-wy^jni .tti>u
J.S. Kennedy & Co.,
BANKERS AND lOERCHANTS,41 CEDAR, COR. WILLIAM ST.,
Kewr York.Boy and sell Railroad Investment Secnrltles. Col-
lect Coupons and Dividends. Negotiate Loans anddraw Bills of Exchange on London.Agents for the sale of STEEL RAILS made by the
Cambria Iron CompanjyJOUXSTOWS. PBNN.,
AKD THE
Edgar Thompson Steel Co. (Limited),
PIT1SBUR6B, PSNN.All business relating to the Construction and Equip-
ment of Railroads undertaken.
Jesup, Paton & Co.,BANKERS,
53 l¥IUIain Street, New York.
Accounts and Agency of Banks, Corporatloas,
firms and indlTlduals received upon tarorable terma.
Dlrldends and Interest collected and remitted.
Act as agents for corporations In paying couponsand dlTldends, also as transfer agents.
Bonds, stocks and securities bought and sold oncommission.
Bound railroad and municipal bonds negotiated.
Funds carefully Invested la Western farm mort-
gages, and the Interest collected.
Kountze Brothers,
BAMEBBS.13 WALL STREET, NEW YORK,
Issue Letters of Credit, available In all parts of the
world ; also. Time and Sight Bills on the UNIONBANK OP LONDON. Cable Transfers made.
Oilman, Son & Co.,BAKKEBS,
63 CEDAR STRBKT,
In addition lo a General Banking Bnslneas, buy and
sell Government Bonds and Investment Securities.
McKim Brothers & Co.,BANKERS,
47 TTall Street, New York.
Smith & Hannaman,INDIANAPOLIS, INDIANA,
INTB9TIN« AGENTStOM
l^NPIANA ABT^ OHIO.
Massachusetts
Loan & Trust Company,No. 18 POST OFKIOE SQUARE,
BOSTON.Chartered in 1870.
CAPITAL, 9500,000.GKU. WOODS RICE. STKPUEN M. CROSBY.
President. Treasurer.Loans made upox tik* on Staple Merchandise,
either upon bills of Lading or Warehouse Receipts.ExcRAKOK of Collateral, or prepayments Id part or
for entire loans allowed.
Alu>w Iktkrxst on all paynenU made beforvmaturity of leans.
CORRESPONDENCE SOLICITED.
F. H. Peek,BANKER AND BROKER,
No. 7 EXCHANGE PLACE,
BOSTON.
C. C. Jackson,
STOCK BROKER,
SIininONS' BVILDING,Boston, mans.
Uso. Wn. Ballov. Gsoaei H. Holt,Member N. T. Stock Exchange.
Geo.Wm.Ballou&Co8 WALL STREET, 7S DEVONSHIRE ST.,
Nenr York, Boston,
BANKERS AND DEALERS IN
Municipal Bonds.
Brewster, Basset & Co.,
BANEEBS,No. 3S CONGRESS STREET,
Boston, Idara.
Oealert la Stocks, Bonds, Gold and Commercial
oaper.
Orders exeoated on Commission at Brokers
Auctions, and Private Sale.
Inveatmest Beenrltles conatantlr on h«a<.
Parker & Stackpole,UANKBRB, 78 OKVON8HIRK STBKBX
BOSTON,
Bur and Sell Weatara Oltr •«County Bonds.
Chas. A. Sweet & Co.,BANHK&S
40 STATE STREET, BOaTOIf.
OKALEItS IN OOVUUIMXNT SICDttlTatS, 0«MBtaM, City, CooBtT sBd KaUroad Bos4a.
ii THE CHEONICLE rVoL. XXVII.
Foreign Exchange.
Orexel, Morgan & Co.,WALI. STREET,
COKKKR OF BROAD, NEW TOKK.
Drexel & Co.)
No. 84 South Thied St.,
Drexel, Harjes & Co
81 Boulevard HausamatiD
Parts.Pblladelphla.
DOMESTIC AND FOREIGN BANKERS.DepOKlts received anhject to Draft. Securttlea, Gold.
Ac, bought and sold on CommiBEion. Intereot alloweoon i>ep08it». Foreign Kxchange. Commercial Credita.Cable Transfen*. Circular Letters for Travelers,mvaflable In all parts of the world.
Attornbtb and Agbntb ofniessrs. jr. 8. mORGAN &. CO.,
No. «2 OLD BROAD ST., LONDON.
Brown Brothers & Co.,No. 69 WAIiL ST., N. V.,
laane, against cash deposlU'd, or satisfactory guaran-tee of repayment. Circular Credits for Travelers, In
dollars tor use in the United States and adjacent
countries, and In pounds sitrling for use in any part
of the world.
THET ALSO ISSUE COMMERCIAL CREDITSMAKE CABLE TKAN8FER8 OF MONEY BE-TWEEN THIS COUNTRY AND ENGLAND, ANDDRAW BILLS OF EXCHANGE ON GREATBRITAIN AND IRELAND.
S. G. & G. C. Ward,AGENTS KOE
BARING BROTHERS dc COMPANT,S8 WALL STREET. NEW YORK.
28 STATK STKKBT, BOSTON.
J.& J.
Stuart & Co,,33 NASSAU STREET.
BILLS OF EXCHANGE ONSniTH, PAYNE & SMITH'S,
BANKERS, LONDONHANCHESTER & COUNTY BANK,
"LIMITED-JOHN STUART k CO., Bankers,
MANCHESTER, PAYABLE IN LONDOIT ;
UI.STEB BANKING COIHPANY,BELFAST, IRELAND
AUD ON TBSNATIONAL BANK OF SCOTLAND.
ALSO,
CABLE TRANSFERS AND LETTERS OF CREDIT
Knoblauch
& Lichtenstein,BANKERS,
S9 WUIlam St., eor. Exchange Place,NEW YORK.
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters oi Credit
1 principal cities of Europe.SPECIAL PARTNEK,
DEUTSCHE BANK, BerUn.
J.& W. Seligman & Co.,
BANKERS,fi9 EXCHANGE PLACE,
COSNKB BBOAD BTRSBT, NEW TORK.
Issae Letters of Credit for Trarelerfi,
Payable In any part of Europe, Asia, Africa, Australia
Dd Amerleai
Draw Bills of Exckange and make telegraphic trans-
fers of money on Europe and California.
John Munroe & Co.,No. 8 Wall Street, New York,
No. 4 Post Office Square, Boston.CHEQUES AND CABLE TRANSFERS ONMUNROE Sc CO., PARIS.
BTERLDJG CHEQUES AND BILLS AT SIXTYDAYS' SIGHT ON
ALEXANDERS & CO., LONDON.
COKTUIJIB DOTZB AKD CbkdITB FOB TBAVSLBEB.
Canadian JBanks.
Bank of Montreal.
CAPITAL, >
SURPLUS, -
- $12,000,000, Gold.
S,600,000, Gold.
QBORGB STEPHEN, President.
E. B. ANGUS, General Manager
NEW YORK OFFICE,
Nos. 59 &. 61 WALL STREET.C. F. SmITHIIBS, ) »„pnf«WalTKE WaTSOX, (
^K«°t8.
Buy and sell Sterling Exchange, Francs and Cable
Transfers ; grant Commercial and Travelers' Cred-
its, available in any part of the world ; issue drafts
on and make collections in Chicago and throaghout
the Dominion of Canada.
London Office, No. 9 Blrcliln Lane.
ACiCIVCV OF THE
Bank of British
North America,No. S2 WALL STREET.
Commercial Credits issued for use In Europe, China,Japan, the East and West Indies, and South America.Demand ^nd Time Bills of Exchange, payable In
London and elsewhere, bought and sold at currentrates; also Cable Transfers.
Demand Drafts on Scotland and Ireland, also onCanada, British Columbia and San Francisco. Bills
Collected and other Banlcing Business transacted.
D. A. MaoTAVISH,J .-„„„WM.LaWSON, 'i
Agents.
The Canadian
Bank of Commerce,No. 50 IVALL STREET.
Capital,Surplus,
$6,000,000 Gold.$1,900,000 Gold.
Buys and Sells Sterling Exchange, and makes CableTransfers of Money,issues Commercial Credits available everywhere.
.1. H. G()ADBV.{-^g°°"-
Merchants' BankOF
CANADA.Capital, . - - $6,461,790, Paid Up.President, the Hon. JOHN H.\MILTON.
Vice President, JOHN McLENNAN, E6<J.
HEAD OFFICE, MONTREAL.OEOnGE HAGUE, General Manager.
WM. J. INGUaM, Asst. General Manager.
BANKERS.LONDON, ENG —The Clydesdale Banking Co.NEW YOKE—The Bank of New YorK, N. B. A.
National Bank of the Hepuullc.The New YorK Agency buys and sells Sterling Kx-
change, cable Transfers and Gold, Issues CreditsavHllable In all parts of the world, makes collectionsin Cannda f'Ud elsewhere, aid Issues Drafts pay tbleat any of the offices of the bank In Canada Demandaraf ts Issued payable In Scotland and Ireland, ande\tiry uescrlptlon of foreign banking busiuess under-taken.
fifsvi York Agcner, No. sa William St.,
with Me>sr8. JESUP, PATON ic. CO.
Exchange BankOF CANADA.
Capital Paid Up $1,000,000.
HEAD OFFICE, MONTREAL.
M. H. GAULT, Vres't. C. R. MURRAY. Cashier.
BRANCHES:Hamilton, Ont.; Aylmkb. Ont.; Pahk Hiia., Ost.;
Bbofobd, p. Q.
AOBSTS:QUEBEC (CITY).—Owen Murpby.NOVA 6C0T1A.—Merchant*' Bank of Halifax.
FOREIGN AGENTS:LONDON.—The Alliance Bank (Limited).
NEW YORK.—The National Bank of Commerce.Messrs. Hllmers, McGowan & Co.
CHICAGO.—Union National Bank.BUFFALO.—Bank of Buffalo.
Sterling and American Exchange boaght and sold.Interest allowed on Deposits.
Collections made promptly and remitted tor at low-est ratea
Canadian Banks.
Imperial Bank of CanadaCapital, $1,000,000.
H. S. HOWLAND, President ; D. R. WILKIB, Cashle;
HEAD OFFICE, TORONTO.BSiNCHKs:—ST. CATHERINES, PORT COLBORNE,
ST. THOMAS, INGERSOLL, WELLAND.Dealers in American Currency and Sterling Exchange-
'Agents in London:Bo8AN<jtjKT, Salt & Co.,
93 Lombard street.
Agents In New York:Bank or Montrkal.
59 Wall street.
Promptest attention paid to collections parable IBany part of Canada.Approved Canadian business paper, payable In gold^
or currency, discounted on reasonable terms, andproceeds remitted to any part of the United States bigold or currency draft on New York.
The Bank of Toronto,CANADA.
Capital, $2,000,000. Reservf, $1,000,000.
HEAD OFFICE, 1 ORONTO.Duncan Coumon, Cashier ; Htj»H Lkach, Asst. CashBranches at Montreal, Peterltoro, Cobourg, Port Hope-
Barrle.St. Catliarlnes. ColllHgwood.BANKERS:London, England.-The City Bank.vkw VnRir i National Bank of Commerce,N aw 1 OKK.
) ^,J,, y,mt|j^„ and W. Watson.
Collections made on the best terms.
§teaTn§lii|i>>.
THE GREAT
Providence LineTO BOSTON,
VIA PROVIDENCE DIRECT.A FULL NIGHT'S REST, i NLY « MILES OF RAIL.
The Favorite Palace Steamers:
MASSACHUSETTS, RHODE ISLAM),Capt. RAY ALLKN. Capt. JESSE MOTT.
5 P, M, Daily (except gnndayB), from Pier No. 2ft
North lilvur (lout ol Warren street.)Faegengerfl arrive In Boston at 7 A.M. No interme-diate landings between New York and Providence.
THE OLD KELIABIiKSTONINGTOJ^ L.1IME,.
FOR ALL POINTS EAST.
5 P. in From Pier No. 33 North Klver (foet ofJay street.)
State-roomBand (Ickeie FOR EITHER LiNE Becuredat 863 Broadway and at all oJllceB of Westcott's Expree* :
Company. AIbo tickets sold ac nil hot*;) tlcket^ot&ces.-,
Frelgnt, via either llne.taKen at reduced rates.D. S. BABCOCK, President.
L. W. FILKINS. General Paasenger Agent.:
O N 1. Icj
Direct Line to France^|
The Genera] TraDH-Atlantic Company'sj
Mail SteaiuBbipByBKTWIKK
i
NISW VORK AND HAl^UE.Calllnif at Plymouth for the landlnf? of Passengers.The BplecdiU vcBuelB on this favorite route, for tbe ,
Continent—caolns provided with electric hell&—willsail from Pier (new) No. A'l North Wlver. foot olMorton 81 reet astoUowa:CANADA, Frauguel Wed., Oct 30, 9A,M,.A >' ERIQQE. Uelord Vr ed., Nov. 6. -^iSO P. M
.
PEliKiUK. Delord Wed., N ov. 13, » A. M.PKICE OF PASSAGE IN GOLD (iHCludIng wlnej:
To Havre—First cabin, (lOO; second cabin. | 5; tnird
cabln^ t^ ; steerage, $:£&—Including wine, bedding and '
utensil^.To Plymonth, London or any railway station la
England—First cabin, $yu to f 100, accoriUng to accom-modation ; second cabin, $''5; third cjibln, |35, steer- '
age, t27, Including everyttilag as above.lieturn tickets at very reduced rates, avallabie
airough England and France. Steamers marked tliUB
(•j do not carry steerHge passengers.For passage and Irelgii t i^PPly to
LOUIS BEBBBIAN,Agent) 5 5 Broadivay*
*{i^ Atlas Mail Line.
Bl-MONTilLY SERVICE TO JAMAICA, BAYTlCOLOMBIA and ASl'lNWALL. and to l-ANAMAan*SOUTH I'AOIKIC PORTS (via Aspinwall.)KiiBL-claea, full-powered, iron screw etejuners. Iron)
Pier No. M, North Klver.For Hajti, Colombia, Greytawn (Nic), Isthmul ol
ranama and buutri Paclnc Portf, via Asiiinwall
:
AILSA Octobcr^gi ANDES Nov.IS.
Eor Klngbton (Jam.) and Haytl:ATLAS October 24
IETNA NOT..
Superior lirfit-ciasb passenKei accommodation.FIM, FOKWOUD & CO., AgenH,
No. 5ti Wall treet.
Peck, Gilbert & Co.,No. le Broad St. (near IVall),
BANKERS AND STOCK BROKERS.StockB honght'aud sold oB the NKW yOKK STOCK
EXCHANGh on a margin of 3 perctnt, If desired
KQuiil attention given to Braall and lar»;eii»vestraentit.
Any information given pereonally or .by mall, tlral-
cia«B references.
OCTOUKR 28, ISTCJ THE CHRONICLK iU
Imurance.
OFFICB OF THX
ATLANTICMutual Insurance Co.
N«w York, Janiury 2S, 1878.
The Trastees, In conformity to the Charter of theConipanr, eabmlt the folIowtnK Statement of Its
affairs on the Slat December, 1877
:
Premiums received on Marine Risksfrom Ut JianaaTy, 1877, to Slat De-cember, ISTT $4,710,865 88
Fremiama on Pollclea not marked off
l»t January, 1877 8,040,868 61
Total amonnt of Marine PremlamB. $6,751,028 44
No PoUcicB have been leaned noon Life
Ritik?, Bor apon Fire diaconnectedwith Marine Kieks,
Prvmiuma marked off from Igt Janu-ary, 1877, to SiBt December, 1877.... $4,908,331 08
Loeaea paid during the
same period $2,565,890 S7
Returns of Prcmloms andEipeuses...t»47,923 86
The Company has the following; Assets, yix,
:
Dnited States and State of New TorkStock, City, Bank and other stocks. $10,565,936 00
Loans, secured by Stocks and other-
wise . 1,163,2»00Seal Estate and cUims due the Com-pany, estimated at 617,436 01
Premium Notes and Bills BecelTable. 1,761,S»3 63Cash in Bank ... 855,364 02
Total amonnt of Asseti $14,366,351 66
Six per cent. Interest on tho ontstandlngcertiicales of profits will bo paid to the holdersthereof, or their legal representatives, on and after
" Tuesday, the 5th of February next.
The outstanding certificatee of the issue of 1874will be redeemed and paid to the holders thereof,or their legal representatives, on and after Tues-day, the Sth of February next, from which date all
interest thereon will cease. The certificates to beproduced at the time of payment and canceled.
I Upon certificates which were issued for gold pre-f mlums, the payment of interest and redemptionwill be in gold.
A DlTldend of Forty per Cent, ia de.ciared oa the net earned premiums of the Companyfor the year ending 31 st December, 1877, foi whichcertificate* will be issued on and after Tuesday, the
!i of May next.
By order of the Board,
J. H. CHAPinAN, Secretary.
TBVSTEES:J. D. Jones,
W. E. H. Moore,Charlea H. Huasell,
J David Lane,
li Dioiel S. Miller,
f Jonah 0. Low,Royal Phelps,
C. A. Hand,
( William H. Webb,i Frauds Skiddy,
1 Adolph Lcmoyne,
} Charles H. Marshall,
( Robert L. Stuart,
f Frederick Chaancey,Horace Gray,John Elliott,
WllUam n. Fogg,Ifcomas B, Coddington,
Charles Dennis,
Lewis Curtis,
James Low,Gordon W. Bumhaxn.]William Stnrgis,
William B. Dodge,Thomas F. Tocngs,John D. Hewlett,
Charles P. Burdett,
Alexander V. Blake,
Robert B. Mintum.George W. lAne,
James Q. DcForest,
Charles D. Leverich,
Edmund W. Corlles,
William Bryce,
Peter V. King, ^
Horace E. Thorber.
J. D. JONES, President.
CHARLES DENNIS, Vice-PresidentW. H. n. MOORE, 2d Vlce-Piresident,
*. A. RAVEN, SdVice-Preaident.
lotnrance.
OFFICX OF TUB
ORIENTMutual Insurance Co.
Nkw Yobk, 18th Januory, 1878.
Tho following Statement of the affairs of this
Company on the Slst day of December, 1877, la
pnbllshcMl in conformity with the provisions of Its
Charter
:
Premiums unearned 3lBt Dae, 1876 .... $195,916 78
Net Premiums received during the yearending Slat December, 1817 755,078 89
Total Premiums $950,995 61
Earned preraiams of the year $8S0,868 65
Losses aud expenses 686,539 81
Ro-Ins:irance and return premiums 188, 178 08
ASSETS,
31st Decekber, 1877.
Cash iu Banks $854,729 43
United States Stock 478,813 75
Stocks of Corporations , 106,038 58
Real Estate...., ^ 349,455 58
Subscripiion Ilotes, Bills Receivable
and Uncollected Premiums 453,507 74
Unsettled Accounts 19876 46
Total amount of Assets $1,561,951 54
By order of the Board,
CHARLES IRVING, SecreUry.
TBVSTEES:George Mosle,
Henry De C. Ronth,Henry R. Kuhnhardt,
Lawrence Wells,
Alexander Hamilton,
Carl L. Recknagel,
Carl Victor,
Arthur B. Graves,
Alex. M. Lawrence,John D. Dii,
Walter Watson,
Henry E. Sprague,
Theodore J. Ralll,
C. L. F. Rose,
F. Cousinery,
George H. Morgan,
Edward P. Davison,
K. H. R. Lyman,Hugh Auchincloss,
William Pohlmaun,Constantln Menelas,
W. F. Cary, Jr.,
Ramsay Crooks,
n. L. Charles Renauld,
Frederick G. Foster,
Charles Munzinger,
Ernesto G. PabbrI,
John Welsh, Jr.,
Theodore Pachiri,
William S. Wilson,
Gustar Schwab,L. M. Calvoooressi.
EUGENE DUTILH, President.
ALFRED OGDEN, Vice-PresidentCHARLES IRVING Secretary.
ANTON METZ, Assistant Secretary.
ISsi. F.S.WINSTON.PRESIDENT jot"ES ErtRY APPKOVED DESCRIPTION
"
LIFE XtTo ENDOWMENT POLICIESOMTERMS AS FAVORABLEAS THOSEOFANYOTHER CO.
'lASH^^TSMRSao.ooo.ooo.
W i r e R o pSTEEL AND CHARCOAL
IKON of superior quality
»nlt«hle for MINING ANDHOISTING PUKPOSKa, In-
clined Planes, Transinlsaion
iOf Power. *c. Also Usivant^ed Charcoal and BBtorChips' UlpKinft, SuspensionBrlilges, IJiTrlck Guys, KerryKopes, Ac. A Inrve atonK•ronstantly on hand fron'will)'!) any depircl lenk'f'i
art" rut. fT-AT 8TEKL .\NliIRON KOHKS for Mlnln»purposes mannfacured *t
^•rder.
ratSON & CO.,Broadway, New York.
Cooimwclal Card*.
E.R
.Mudge,Sawyer&Co
.„ . .AdKNT I KOU
WaslilnKtuu nillB, «!bl«ap«« .nik r*..HurlliiBloii IVooleu (;o.,
*
Ullerton Nrw .Tiiiia,Atlnnitr (oilon mil*.
NaratOKH Victory ntm To.,
Hoalerr. "hlri. iin<t UrawertKruui Various Mill..NKW YORK, BOSTUN.
4S White Hraaar. is c«iinrort »T.
J. a W. DATTiiN. »u(.nasT.iirr»rmaaT.
Brinckerhoff, Turner& Co.,
Maaafaetarera and Uealan In
COTTONSAILDUCKAnd all kinds of
COTTON CANVAS. FKLTINO DUCK. CAB OOTRRINe.BAGQINO.UAVKNSUCCK.SAILTWLHKa
*C. " ONTARIO • 8EA.MLEil8 BAU8.' AWNIKO bTltU'KS.'
Also, Aicrats
United State* BuDtlnK CoHpanf.A mil mpply nil widths and Colors alvayi In itoek.
No. 109 Diiane Street.
George A. Clark & Bro.,
raiL'WARDVS HICLIX NBICDLBt.400 BROADWAY, NEW TOBK.
John Dwight & Co.,MANUFACTURERS OF
SrPER-CAUBOaiATEOf
SODA.No. 11 Old »llp, New York.
The Jobbing Trade ONLY Supplied.
inANCHESTER
Locomotive Works,MANUFACTURERS OF
LoeomotlTcs and Amoakca:; SteaaiFire Knirfnea,
MANCHESTER, N. H.
ARB«TAS BLOOD, W. O. inBANS,Superintendent, Treaaurer.
Manchester, N. 11 40 Wnter utreer. ltoat/»n
Russell & Co.,C Ora miSSION raRRCHANTS
AND SHIP a<;e>;ts.
Hone Kone, 4'anlon, Ain»y, FooohoirSnanghal and Ilankonr, Ctalna.
Boston Agency, ) New York Airency,i. MI;RKAY KOmlER,
J 8. W. POMkKoV Jll,M CINTRAL STRXET. S 109 WaTBB ST., R.T
Hong Kong & Shanghai
Banking Corporation,Head Ofllce, Honx KonK.
AOBNT,8. W.POMEROy J»., 106 Watmb »T, K.T.
Charles E. Parker,COMMISSION MERCHANT,
14 BxchanKe Plaee, BOSTON.Post Office llox XISA.
Olyphant & Co.,COMMISSION MERCHANTS,
tloux KonKt Miancliai mxtrbow aaACanton, « hluu.
RsraaniiNTai' mOI-YPHANT 4c <«>., "f ch na,
104 Wall M., Ne.> k'vrk.
IV THE CHRONIC JLE.IVol. XXVU.
California Baiilis.
The Nevada BankOF SAN FRANCISCO.
New York Agency, 62 Wall Street.
Capital, paid up .. $10,003,000 Gold.Surplns, (inveeted in
U.S.BondB) 3,500,000 "
C. T. CHKISTKNSEN, I. AgentsGEORGE L. BRANDEE, * °
Issue Commercial aud Travelers' Credits available
In any part of the world. Draws Exchaage, Foreign
andlnland.anl makes Trans, ers of Money by Tele-
graph and Cable. Gives specUl attentlsn to Gold and
Silver Bullion and Specie, and to California Collec-
tions and Securities ; aud arranges to pay Dividends
on such securities at due dates.
Bankers, London, SMITH, PATNK & SMITHS,
do do UNION BANK OF LONDON,
de New York, The BANK of NEW YORK, N.B.A.
The Bank of California, San Francisco.
Capital, Paid xjt in Gold, $5,000,000.
WM. ALVORD, President. THOMAS BROWN, Casll'r
B. MURRAY, .Jr., Asst. Cashier
Laidlaw & Co.,• BANKERS,
AGENTS FOR THE BANK OF CALIFORNIA,
No. 12 Plue St., New York.Receive deposits and transact a general banking
business ; execute orders at the N. Y. stock Exchange
for Stocks, Government, State, Municipal and Rail-
road Bonds and Gold.
Particular attention Riven to tlie pur-cbase and sale of ITIlnlns: Stocks in SanFrancisco, for nrhlch we have tlie best
facilities; also all other California Securities.
Issue Bills of EichantC, Letters of Credit and lele-
graphic Transfers on London, Yokohan?a, Shanghai,
Hong Kong, Honolulu, Virginia City and San Fran-
cisco.
Financial.
T H a
Anglo-Californian Bank(LIMITED),
I.ONDON, Head Office, 3 Atigel Court.
SAN FRANCISCO Office, 422 Califoniia St.
NEW YORK Agents, J. & W. Seuaman & Co.
$6,000,000.1,550,000.
Antliorized Capital, -
Paid-up and Reserve,
Transact a general Bauklng Dnslness. Issue Commerclal Credits aud Bills of Lxchanf^e, available In all
parts of the werlil. Collections and orders for Bonds.
Stocks, etc., executed upon the most favorable termr.
FUKD'K F. LOW, i Manager.IGNATZ STEINUART.J"*'"'*'*"-P. N. LILIKNTHAL. Cashier.
Financial.
Gas, Insurance Stocks,&cJ. p. WINTRIBfGHAM,
No. 36 PINE STREET.
Securities Bonsht at Auction.
The: November coupons ofthe HEAL KSTATK KIKST MORTGAGE I1ON0S.
guaranteed by the MERCANTILE T«U^T COM-PANY, will he pal'l at the ofllce of the Company,Bouitable Building, No. 1^ Broadway, on the first dayof November next
EDWARD L. MONTGOMERY, Treasurer.
W.INTED :
Atchison & Pike's Peak Railroad Bonds.Minnesota State Kepudlated Bonds.Texas Pacific RR. Land Grant Coupon Bon-ls.Suspension Bridge & Erie Junction ItR. Bonds.Scioto Valley lailroad Bonds.Township t'onds state New Jersey. Issued to BR.Columbus & Ind. Central RR. 1st Mortgage Bonds.City, County and Town Bonds of Wei^tern btates.Northern Pacific RR. Bonds and Preterrerf *tocK.Danville Urbana & Hloomlngton Railroad Bonds.Oregon Steam Navigation Co. Stock.
FOR SALE:Chicago & Eastern llllnolsRR. Bonds and Stock.Indianapolis d& St. Louis RR. < onds. Jersey City 7s.
WJM. «. ll'ri,KY, 31 Pine St., 1>. V,
WAITED
:
Alabama, South Carolina &. LonlslauaState Bonds;
New Orleans Jackson & Gt. Northern.ratsslsslppi Centra], and Mobile
ic Oliio Railroad Bonds;
Cttj of New Orleans Bonds.I.EVY & BORG,
36 WALL STREET.
Scioto ValleyRailway CoOF O li I O,
FIRST M0ItT(}A(4E SINKING FUNDSiEVEN PER CENT BONDS.
ISSUB LIMITBD AT $13,000 PER MILE. DUE 1896.
Line from Columbus, via Circlevil e and ChiUi-cothe, to Portsmouth on the Ohio Elver, lOO miles,
ftriished and in fuU operation since March, 187S.
Net earnings from March 1 to Octcer 1,
seven mouths $lC8,'i4J 05
Annual: merest on $1,-500,000, total Issueof bonds 91,000 00
A LIMITED AMOUNT FOR SALE,
AT 92^ AND INTEREST,BY
WIXSI.OW, I.ANIER & CO.,
COR. NASS.iU AND CEDAR STS.
Northern RailroadOF ]«EW JERSEY,
1st Mortgage Extended 6s, Due 1888.
TOTAL ISSUE, $SC0,G00.
ANNUAL INTEREST ON S.1ME, $12,000.
NET EARNINGS LAST YEAR (OFFICIAL) |0S,10O.
We have now left unsold and now offer, subject to
sale, |S0,0i0 of the above issue.
PERKINS, LIVINGSTON, POST & CO.'33 Nassau Street.
WE OFFER FOR S4EEA LIMITED AMOUNT of the following flrst-
class iDveslment Securities:
SEVEN PER CENT First Mortgage Gold BondsDAKOIA SuUTlIERN RAILI-.OAD COMPANY,*9,000 per mile, net earnings more than double theInterest accouLt. no floating debt, at 95 and accrueainterest.SIX PER CENT "ONDS NASHVILLE CHATTA-
N()0«A & ST. L'lUlS RAILWAY CO^'PANY, afirst mortgage at the ow rate of |I,2(X1 per mile onBranrli Roads, which cost npward of tiO.UOO per mileto construct, «t 8:1 and accrued interest.
AVA1.STON H. BROWN & BRO.,No. 34 Pine Street.
A GOLD MEDALhas been awarded at tlic Paris Expo-sition of 1878 to
J. & P. COATS,for their best Sli-Cord Spool Cotton,confirming the estimate placed upontheir goods at all the TVorld's Expo-sitions, from that of Ijoudon, 1862,to the Centennial Exposition of 1876,where they took a diploma for"SUPERIOR STRENGTH AND EX-
CEI,1.E\T ai'AI-ITY."Tlie Second Prize of a Sliver Medal
was taken by tbc W^llllmautic LinenCompany, Avhlch claims to bo thespecial cliampion of American Indus-try, and u hich has exicnsively adver-tised a Grand Prize at Paris.
NO GRAND fRIZES were awarded for
Spool Cotton at PARIS.
messrs. J. ic P. Coats have estab-lislied In Pawtucket, R. I., tlio larg-
est Spool Cotton Mills in the UnitedStateti. Every process of manufacture,from the raw cotton to the finishedspool, Is conducted tliefo. Their Am-erican-made Spool Cotton took tlie
award at the Centennial; and, whilethey have never claimed special meritfor their American-made Spool Cot-ton over tliut manufactured in theirScotch Mills, they have tlie satisfac-
tion of announcing that tliey haveso Identified themselves with thiscountry, that
AMERICA, as represented byJ. & P. COATS, U still
AHEAD IN SPOOL COTTON.
Auchincloss Brothers,Sole Agents in Now York for
J. & P. COATS,
Financial.
CITY OF NEWYORK5 PER CENT CONSOLIDATED
Sinking Fund Bonds.
Principal and Interest Payablein United States Oold.
30-50 YEARS TO ttVN.
Coupon Bonds In Sums ot $500 to
$1,000, Convertible at any time
into Registered Stock.
A LIMITED AMOITNT FOB SALS
At io6 1-2 and Interest.
DREXEL, MORGAN & CO.
AUGUST BELMONT & CO.
WINSI.OW, E.ANIER & CO.
OFFICENew York Elevated
RAIEROAU COMPAWI,No. 7 BROADWAY,
New Yobk, October 14, 1878.
SEALED PROPOSALS in envelope, " Indorsed pro
pesals for Stocks and Bonds," are Invited and will be
received at this office until 13 o'clocl: M. of MONDAY,the 23tli day of October, 18 8, for 6,750 SH iUESIof the
CAPITAL STOCK of the NEW YOIiK ELEVATEDKAILUOAD C0MPA:;Y, and leiS.OOO of the FIliST
MORTGAGE BONDS of the said Company, or any part
thereof. Each bid mu%t be made for an equal amount
of stock and bonds. No bids for the stock will be
considered which are fur less than the pur value
thereof, namely, $100 per share. The bonds are 7 per
cent per annum coupon bonds of the denomination
of fl.OOO each, the principal due January 1, 1906
Coupons payable ist January and 1st July in each
year. The bonds will bear Interest from the ist day
of -lanuary, 1870.*
Interest will bo allowed at the rate of 7 per cent per
annum on all payments made before that diiie.
A aepo-lt of .) per cent will be reoulred from all
bidders, which must accompaoy the lilJ. and which5 per cent will be eniiorsed on all such bids as
are accepted. On such bi'ls as are not accepted the
dep 'Sits will be returned to the bidders.nfty percent on ail accepte I bids will be requlrca
November IE, 8;8, on the payment of which ooe-half
ihe stock and b^nds will be uellvered ; the remaining45 Iter cent will be required November 30. 1878, whenthe remainder of tlie stock and bonds will be ready
for delivery. , „The Comoany reserve t'^.e right to reject any and all
bids which are not deemed satisf ctory.JAMES A. COWI.-G, Treasurer.
Chicago & Alton RR.Six Per Ct. Gold Sinking Fund Bonds,Principal and Interest payable In the gold coin of the
United States of the present weight and llncness.
UNITED STATES TKUST CO.MPANy, TbusTIIB.
fYee of all Taxes, imposed or to be imposed.
Bonds due 1903. Interest payable May 1 and Nov. 1.
A limited amount for tale at 1 2 and accrued interest,
JESUP, PATON & CO.,No. 52 WILLIAM STUEET. NEW YOIJK.
q-'HE AMERICAN EXCHANGE NA--*- TIONAL BANK, New Vork, October 18, 1878.—
The Hoard of Irectors of this Bank have this day
declared a dividend ot THHEE PER CENT, free of
taxes, payable on and after the 1st of November,
proximo. The transfer books will close to-day and
re-open on the 2d of Novem'jcr.
DUMONT CLARKE, Cashier.
MISSOURI PACIFIC RAILWAYCO.MPANT Offick. No, 5 BowLIKQ Green, NKW
Yens, Oct. 28, 1ST8.—The Coupons due November 1,
187S. on the Third Mortgage Bonds ot ihls Company,
and on the Real Estate Bonds of the Paciao Rail-
road Company (of Missouri , will be paid on and after
that date at this offlcc.
C. K. GARRISON, President,
New York, October 19, 1878.
THE DIRECTOHS OF THE EM-PIRE GOLD MINING COMPANY have this day
declared a dividend of EIGHT CENTS PER SUiBE
in gold, out of the net (par value »10) earnings for the
month of September, payable at the office of S. VWHITE, Treasurer, No. S Wall street, on the Sist day
of October, Inst. The books close on October 25, and
open on the Ist day of November.S. V. WHITE, Treasurer.
^^ HUNT'S MERCHANTS' MAGAZINE.
^^^EPRESENTING THE INDUSTRIAL AND COMMERCIAL INTEKESTS OF THE UMTED STATES.
mmkVOL. 27. SATURDAY, OCTOBER 26, 1878. NO. 696.
CONTENTS.B«tier Outlook io London 419Banking LdWK of ihe UnitedState and Great Britain Com-pared 4W
Tne Accuracy of Cotton CropReports .. 4:0
TUB CHRONICLE.The Paris EipoeUion—The Clo«-Ine Ceremonies 42?
New Ii.ventlons HiLatest Monetary and CommercialEnzUsh News 423
Commercial and MIecellanoousNews .. 4S5
THE BANKERS' GAZETTE.MoneT Market, U. S. Securities,Railway Stocks. Gold Market^Foreii;u Eschsnije. N. Y. City loveetments, and State, City andBanks, Boston Banks, etc 420 1 Corporation Finances 434
THE COMMERCIAL TIMES.Commercial Epitome 43S i Dry Goods 443Cotton -ISH Imports and Receipts 418Brcadetuffs (42 I Prices Current 441
nTIMBItTS or BtTLLIOK IK BAXK or nSLAIIOi
, General (Quotations of Stocks andBonds 42i
The CoiiMKRciAL and Financial Chronicle is ismied on Satur-
day morning, with the latest netcs vp to midnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE:For One Year, (including postage) $10 20.For Six MontliB do 8 10.
Annnal subscription la London (inclading postage) £2 Gs.
Sixmos. do do do .... 1 Ts.Snbscnpiions will bo continued until ordered stopped by a wrtltm order, or
Ot ttie puhticatioii office. The Publishers cannot be responsible for Remittancestuless made by Drafts or Post-Ofllce Money Orders.
.oiidon 0<Br<'.The London ofHce of the Chronicle is at No. 5 An,«tin Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.
Adrertlsementa.Transient advertisements are published at ascents per line for each Insertion,
but when di-flnitc orders arc giveH for five, or more? insertions, a liberal dis-
count is made. No promise of continuous publication in the best phice can begiven, as all advertisers must have equal opportunities. Special Notices In
Bankini; and Financial column 60 cens per line, each insertion.
wnxiAM B. DAKA, I WILLIAM B. DANA &, 00., Pablishera,
JOBS o. FLOYD, JR. f 79 St 81 William Street, NEW YORK.Post Office Box 4592.
|y A neat die-cover is furnished at 50 cents; postage on the same 1« 18
cents. Volumes bound for subscribers at $1 SO.
0r" For a complete set of the Commkrcial and FI^fA>ICIAI. CiiROSicn—July, ISM. to date—or of UusT's Meucuakts' Magazine, 1339 to ls71, inquire
M lie office.
^^ The Bnslne's Department of the Chronici.e Is represented amongFinancial Interests in New York City by Mr. Fred. W. Jones.
BETTER OUTLOOK IN LONDON.Evidently the crisis in England lias culminated, and we
may now dismiss the fear entertained of panic there,
unless some other une.vpected developments intervene.
Further failures will undoubtedly occur, and disturbances
in trade continue, bat to all appearances the turning-
point has been reached, and from this time we may look
for a gradual relaxation in the pressure put upon busi-
ness. The evidences of this change are clearly indicated
in the returns of the Bank of England received yester-
day, compared with those of previous weeks. The
Glasgow failure occurred October 2, but it had even
before that been everywhere rumored for a week or
more. Our London correspondent, writing under date
of September 28, stated that " during the present week
"it has been rumored that serious difficulties in the
"North, or rather in Scotland, were apprehended."
Consequently the Bank of England first felt its influence
the last of September, and we give below the changes in
the coin and bullion of the Bank since that time.
Oct. S4....
'• 17....
" 10....
" 3....
Sept 28..
TolaL ..
RecordedInjlux.
£1,004,(00
6M<,(00
1,532,0»J
S19,C00
S7^,0C0
£4,081.000
Senito SuppljDomesticWant9.
£110,000
1,490,000
1.147,000
595,000
5,480
£3,307,480
Lenrtnff
IncT«a»t by
Bank.
£884,(00
3«0.«2a
£1,954,530
Lot9 by
aank.
80O,0tO
98B,00O
711,00}
£l,tlil,000
Proporfnriurt* Io
UaMHMf
We see in these figures the course of the pressnre, and
the reason why the rate of discount was not further
raised this week. September 26 the proportion of reserve
to liabilities w.is 40 per cent, and the Bank had gained
£360,520 in coin and bullion since the previous Wednes-
day; but on October 3 the reserve had fallen to 40| per
cent, and the drain from the country upon the Bank had
begun, the amount of coin sent to supply domestic
wants, for the week ending that day, being £595,000, or
£76,000 more than the net influ.x. This drain has
steadily continued, and the proportion of reserve to
liabilities has steadily decreased until this week, when
we find a very marked improvement, the amount of coin
and bullion sent to supply domestic wants reaching
only £110,000, against £1,450,000 the previous week,
and the Bank having gained £894,00i», against a loss the
previous week of £800,000, while the reserve has
increased from 27J per cent to 29^ per cent.
This statement is certainly very satisfactory. Of
course, however, we cannot hope for any speedy recovery
in those industries which have been of late so depressed.
Increased caution will be the rule for some time to come,
and this must prove a severe test to those who have for a
long period been laboring under a heavy burden of debt
and unprofitable trade. Large and numerous failures are
consequently likely to occur, until the purifying process
has wteded out the unsound.ones, and business is again
put upon a legitimate basis. If, however, nothing trans-
pires tb change the improving situation, the effect upon
this side will in great part speedily disappear, except it
may be in our cotton market, which must, for months,
we fear, be a participator in the suffering through which
the over-stimulated cotton manufacturing industry of
Europe must pass.
BANKING LAWS OF THE UNITED STATUSAND OF GREAT BRITAIN COMPARED.
It is suggestive to compare the statutory security of
banking in Great Britain with that in this country. As
to circulation, by our law the Government, as is well
known, holds, as custodian. Us own securities, amount-
in "^ to 110 per cent of the bank issues, and is in fact,
ahhou^h not in precise legal phrase, the guarantor of
420 THE CHROINK^LK [Vol. XXV 11.
the notes, the result being that they are absolutely
secure. The position of the Scotch banks resembles that
of the Bank of England in respect to circulation, but is
not quite the same. By the act of 1844, the latter has
15 millions sterling of notes which rest upon the public
funds, and the " issue department " will issue to the
*• banking department " more notes, in exchange for
coin; by the act of 1845, the Scotch banks may keep
out, uncovered, an aggregate of notes equal to their
average at that date, and for every additional note must
hold an equivalent in coin. The difference is that there
is no special custodian of this coin, and that the coin
itself is not kept as a special cover for the
notes, so that, although the banks may hold
more coin than the amount of notes issued above the
limit, the notes have no more claim upon the coin than
the other liabilities have. The intent of the law, it is to
be presumed, was just the contrary; but a bank manager,
a few years ago, testified before a Parliamentary com-
mittee that in his bank the notes had no firr.t lien on
the coin; and, to say the least, there does not appear to
be any guaranty that they do have any. In this country)
except by fault of the Comptroller of the Currency, there
can be no notes uncovered by securities, for they can be
obtained only from him. In Scotland, if unauthorized
issues are made—or if, what is the same thing, the holding
of coin is not kept up—the law provides, as penalty, a
fine equal to the uncovered issues. The law also em-
powers the stamp officers, with evident reference to this
provision, to examine the books and count the coin of
the Scotch banks " at all reasonable times." If this
duty has been performed properly in the case of the City
of Glasgow Bank, the books must have been falsified, or
the coin holding in some way have been made the subject
of legerdemain, supposing the charge true that the
amount of the coin and notes has been misrepresented.
Under our law, no bank can loan to any one person or
firm to an amount exceeding one-tenth of its capital; at
least five reports a year must be made, and the Comp-troller may make examinations as often as he pleases.
Publicity is the rule here, and the result has been that
the note-holders have been absolutely unaffected by
bank failures, and the other creditors, stockholders ex-
cepted, have met only trivial losses beyond that of
interest and the inconvenience of delay. In Scotland, on
the other hand, there seems to be no restriction upon loans,
and no system of visitation or accountability; although
it is customary in C4reat Britain to make half-yearly re-
ports, those are meagre, permitting items to be so lumpedtogether that banking may be extended to farming in the
Antipodes without the shareholders' knowledge. In
respect to personal liability, however, the difference is very
wide between the Scotch banks and our own. Here, the
holder of $100 of stock, besides having no claim upon the
assets, until the general creditors are paid in full,, is liable
to be called upon to pay $100 more, but his liability is
several and not joint, each being liable only for his pro-
portion of the deficit, and not for another's; but in Soot-
land, except in case of the three oldest banks, the liability
has no restriction, every holder of shares being exposed
to calls as long as the deficit and his property hold out.
The superiority appears to lie with the Americansystem in respect to security. Here, the idea of an
unlimited and indefinite liability—one which is utterly
uncertain both as to the time of its coming into prac-
tical verity and its extent—would not bo tolerated byowners of property. The present general corporation
act of this Slate aims to allay the fears of Capitalists byexpressly providing for a restricted liability—ihat is,
for an exemption from any personal demands in case of
deficit—and this is the general habit in Great Britain,
the word " limited" being ordinarily used as a part of
the title of corporations. It may seem strange that peo"
pie should be willing to buy shares that practically madethem general partners in a business, with the manage-ment of which they had no personal share; but famili-
arity with the idea of any danger breeds indifference.
Men endorse for the accommodation of friends, with the
feeling that it is a matter of form only, and the confi-
dence in Scotch banks was almost as perfect as in the
government itself. It was a confidence justified by sev-
eral centuries of almost unbroken success. The solidity
of their banks was a matter of Scotch pride. They had
won a reputation the world over; they represented
wealth, thrift, and all the best characteristics of the
Scotch character; the shares meant plump dividends,
and the purchaser probably no more supposed that his
shares could cost him an assessment in this way than
that the paper certificate itself could explode in
his pocket. Probably many holders did not so
much as know that any legal liability existed, even as
a matter of form; they never thought about trouble
at all, but took the shares and dividends gladly, and
trusted the managers implicitly. To call this trust
heedless is easy now, but instances of almost equal
trust, with less apparent foundation, have been plenty
in our own country. Out of the long course of success
grew hankering for still larger profits, and then, the
managers needing money for their own business in dull
times, the bold mismanagement which destroyed the
bank. Success has its dangers.
Perhaps the calamity will produce, as a result of the
thorough examination and discussion of banking which
must certainly follow, some important amendment of
the banking system in respect to legal accountability;
for, while this failure proves nothing against banking, it
must b? evident that further legal restriction—particu-
larly examinations and publicity—will be safer than
confidence alone. This can never disturb good bankinar,
and bad banking ought to be disturbed. The Scotch
are not a volatile people and will not forget their lesson
immediately. Even if they do not devise any precau
tionary measures, the effect will doubtless be to induce
some return to the old-time conservatism which gave
their banking the strength and success out of which,
unregulated by any external authority, grew the bold-
ness that led to the practice of doing a distant business
through acceptances, and next to the practices that
destroyed the Glasgow Bank.
THE ACCURACY OF COTTON CROP REPORTS.The Liverpool Post of October 9th, in an article
commenting upon the irreconcilable differences in the
cotton statistics issued by the British Board of Trade
and the Liverpool Cotton Brokers' Association, refers
also at some length to certain differences between our
Cotton Crop figures of September Ist and the crop
statement issued subsequently at New Orleans, closing
its criticism with the following remark—" there may be
variations of opinion as to estimates, but there ought
to be no discrepancies as to facts."
Before noticing the questions raised by the Po»t, wewish to assure it that a difference of 37,000 bales out of
nearly 5 millions, is not so very surprising, when we con-
sider the difficulty of obtaining the facts, and the manysources of those facts, which enter into and iuiik>- up an
American crop siateiuent. Very little of the informa-
tion is really official,—that is, very little is obtained from
OcToncR 90, 1878.| THE CHRONIC ;LE. 42]
Government records. So far as the leading Southern
Ports arc coneerned, it is oar cuBtom, when we can, to
adopt for each the figures of its Cotton Exchange, and
80 thoroughly have some of them perfected the system
of obtaining and keeping their own cotton movements,
that one can accept their results unreservedly. But for
all the other figures, and for tlie overland statement, wehave to seek our facts in divers directions, each year
consulting more authorities and obtaining additional
returns. Much of this information is private, kept
solely for ourselves, and its collection is a matter of no
little work and of largo expense. For two persons, then,
under such a system, to separately prepare a crop state-
ment of nearly 5 million bales and reach wiihin
three-quarters of one per cent of the same result, is, in
the opinion of those who are most familiar with the
matter, a fairly close approximation.
And yet we must, at the same time, say that if wethought we were really in eiTor to that or any extent, weshould consider it a serious defect, to be corrected andacknowledged. Our aim has been to eliminate every
uncertainty from these crop statements, and we think
we have done it. With that purpose we devised our
system of overland and railroad reporting. For twenty-
five years the cotton trade had satisfied itself with simply
guessing at the former movement, until we pointed out
the error and prepared an obvious remedy ; and in
every other direction we have sought to make our
system so perfect as to have double proof of every
return we have used. Further than that, we tried to
assist the Exchange organization at New Orleans,
to discover the errors in its earlier reports, byshowing wherein they were faulty. Two years
since (see Chronicle, Sept. 30, 1876, page 316), wespecified a few of the most obvious defects, aud
had the pleasure of a call from a very estimable gentle
man who has a large part in the preparation of these
statements. lie agreed with us upon the importance of
reaching the truth, and promised on his return to NewOrleans to look the matter up and write us about it, and
if the New Orleans statemeut was in error, as he
acknowledged it appeared to be, he would not only
admii it, but have it corrected. We have never heard a
word from him since. Taking this c rcumstance in
connection with the fact that that organization has been
able, no year as yet, to issue its crop report until ours
had been received at New Orleans, we concluded that
there was little reason to suppose the interests of truth
were to be served by an examinatiou of its figures, and
hence had not looked them over this year until receipt
of the Posi'ii criticism.
Having, however, given some time to them now—not
as much as they require evidently—we are disappointed
in finding it diflicuU to understand the report, so as
to be able definitely to assert wherein the discrep-
ancies consist, the arrangement of its figures being, in
our opinion (which may be erroneous), a little clumsy.
For instance, the Pout in taking one of its totals is quite
naturally led into the error of supposing there is a disa-
greement Id Southern consumption, whereas there is
none, ours being 148,000 bales, and its 147,747 bales;
it is again wrong in making 22,000 bales discrepancy
in overland, as our overland gross (which is the only
total that actually measures the amount reaching the
market in that way) is 693,040 bales, and its is 689,261.
la a word, so far as we have been able to discover
from nhe examination now made, the diflferences in
bales are very flight at, any one point, but are dis-
tributed over the entire reports, and thus reach in the
aggregate a total of 37,000 bftlea. All w« oan rnj at pwa-ent, is that we are confident our report in correct; afterIt was completed, and before isauing it, wo went oyerevery detail several time*, for the purpose of iiecing if ourfacts would not permit as to make it tmalUr, u we couldnot at that time satisfactorily anderstand the large amountleft for home consumption and which we were unablewholly to explain until in our cotton report of laiit week.We failed, however, on making these examinations, tofind a single bale to strike out, and now we have re-
examined it with a like result.
There is, however, one point the Pott refers to, in
which there is an evident and important error, andan error which is, wo think, easily determined : werefer to the weight of bales. If any one will examinethe two statements, he will find no differences in thisrespect between them in Louisiana, Texas, Alabama,and Georgia, but a very grave difference in SouthCarolina, Virginia, and North Carolina, and a muchlesser difference in Florida and the other ports. Asthe most of the discrepancy grows out of the state-
ments for North and South Carolina and Virginia, it
will be well to give the following figures from the tworeports for those States,
Soiitb Carolina
North Carolina
Virginia
Total for tbese States
Chronicle.
WelghtB InPoonds.
209,137,4656»,43(;,185
241,690,466
.520,264,116
Avera^weights.
463-74461-37470-23
46.5 11
Exchange.
Wrilgbto InPounds.
AT'geWghln.
196,4H6,6S0
62.308,148
230,782,612
480,667,410
4504S3452
^.51
There are several ways of testing these figures, and wesupposed in giving ours we had applied all known tests
and still think we did. As a preliminary step to obtain-
ing the weights, we secured from the collector of every
Custom House at every outport, large and small, in theSouth, a special return to us as to whether there hadbeen any exports and, if there had been, the dates of
them and the amounts in pounds and hales of each ship-
ment. This is the basis of our system in this particular
and we follow or accept the results thus obained, if noother fact we can secure, tends to disprove their
substantial accuracy. As an illustration take South
Carolina. For that State we obtained and still possess
such a detailed statement prepared for us by Mr. C. 11.
Baldwin, collector at Charleston, and ano her by Mr.
George Sage, collector at Beaufort. Now, it will be
readily admitted that, as the shipments covered by these
returns are going on every week through the season and
are consequently taken out of every week's receipts, and
furthermore, as the returns thems'-lvt-s are.oflicial, they
should be accepted as a correct iudi^x of the ports' move-
ment unless they are impeached by some pretty positive
evidence outside of them. In this case we could find no
such evidence, but could find mach to corroborate the
results thus obtained. Precisely the same is true with
regard to Virginia and North Carolina, for we also have
official returns from each Custom House in those Slates.
Consequently, the weights we give in our table, for each
of the three States named, are the weights thus made up
from these Custom House figures.
We think this should be sufficient to determine the
question raised, until something pretty positive is pro-
duced to discredit the conclusions thus reached. But in
such matters it is not always well to stop with one
demonstration. Consequently, if our readers want other
proof to the same point, all they have to do is to get it
through receipts at the Northern mills from the States
named. We can furnish those Iso in bales and pounds
422 THE CHRONICLE. [Vou XX.VIL
Bat there is one other piece of evidence so patent, and yet,
to our mind, so controlling, that it may be worth referring
to here. The cotton marketed through these States is
grown in them only in part. Some of it comes from
Georgia, but a large portion from the West and States
further South. Now the Georgia shipments, as all admit,
weighed per bale 477 lbs., the Alabama shipments 511-87
lbs., the Louisiana 471 lbs., the Texas shipments 501"S6
lbs., the shipments through Memphis 488 Iba., and the
shipments through St. Louis 490 lbs. These are admitted
figures, because they are the Exchanges' own figures, and
being so, how is it possible that the cotton marketed
through North and South Carolina and Virginia, a con-
siderable portion of which came from the States beyond
them, could only average 450 or 452 lbs. ? Take Vir-
ginia, for instance. Probably a half of the shipments
through that State came from the West and Southwest
(Mr. Toof, of the Memphis Exchange, says his cotton
weighed 488 lbs., and Mr. Simmons, of the St. Louis
Exchange, says their receipts weighed 490 lbs.) and a
quarter came from the South, below South Carolina,
where the weights were from 477 to 511 lbs.;—we ask,
is it possible, if these are facts, that the Virginia ship-
ments should weigh only 452 lbs. ?
But we think we have pursued this matter far enough.
Did our space permit, and the subject warrant it, wecould take up all the other differe nces between these
two reports of bales and weights, and show with equal
definiteness the accuracy of our figures. The proofs in
every respect are absolute and clear, and bring us neces-
sarily to the conclusion that this crop reached the total,
in bales and weights, given in our Crop Report.
What had become of the portion of the receipts re-
maining in this country, was to us a serious question,
until satisfactorily answered through our subsequent
investigations, the results of which we gave last week
(see Chronicle Oct. 19, page 413). Let us repeat the
substance of them, however, because they become of
chief importance in this connection. First, then, there
was an increase in stocks of raw material of from thirty
to forty thousand bales in the hands of manufacturers,
compared with the previous September. Second, our
woolen mills are constantly enlarging their use of
cotton. The ordinary knitting mills have not taken a
bale of wool this year; and all kinds of low-priced
woolens have cotton carded in, or, when the style of the
goods permits, twisted in with the wool. Every manknows how of late years the manufacturers have run
more and more on low-priced cloths. It has been the
feature of the times; and now a merchant entering the
jobbers' or agents' rooms no longer makes the old-time
request to be shown his goods, but invariably says
—
" Show me your cheap goods ". There is no demand for
anything else; and cheap woolens mean more or less
cotton. These large takings then by our spinners, are
thus explained, and we assure the Liverpool Post that,
with cotton at less than 10 cents per lb., we shall require
a slill larger supply this year.
THE PARIS EXPOSITION—THE CLOSINGCEREMONIES.
On Monday last the Paris Exposition—the latest, and,
in some sense, the moat successful of the great world's
fairs—was brought to a close. The occasion wasworthily celebrated. These exhibitions, which were a
novelty in 1831, and have since bo often been repeated,
have lost much of thw original attraction, bat slill per-
Jorai ain essential service. To thp modern world they
Bi^tain a relation not dissimilar ia some respects to that
which was sustained by the tournament to the world of
the middle ages. They bring together the people of
different nationalities; and permit the exhibition of a
rivalry which tends, not to the injury, but to the benefit
of the human family. It is difiicult, indeed, to see howthey could be discontinued without loss.
The Paris Exhibition, measured by a just standard,
must be allowed to rank as a success. It is not claimed
that there will be, when the balance is made, any con-
siderable surplus. It has, however, done much to restore
the prestige of France, and to compel the world to
admit that Paris, even under the present government, is
still the first capital of Europe. It has brought the
nations together in friendly competition, each exhibiting
its best, whether the fruit of its brain or the fruit of its
soil. It has made that city, for a whole summer, the
centre of attraction to the travelling and money-spend-
ing public, and has thus contributed largely to the cofEers
of tradesmen and producers of every class. It has, wehope, also done something towards removing those
differences which separate nation from nation, and, by
so much, hastened the advent of that better time when the
energies of the peoples shall no longer be expended in the
ruinous rivalry of war, but in that healthful and improving
rivalry which seeks distinction in the arts of peace.
France has good reason to be satisfied with her suc-
cess. It is only seven years since she lay at the mercy
of a foreign foe, her armies destroyed, her government
upset, her capital besieged and under the control of a
mob, her territory dismembered, and everything appar-
ently in chaos. Yet now she has so recuperated and
so completely outlived and overcome those disasters
that it is difficult to believe they were ever endured.
And more than that, she has carried on her great enter-
prise while a large portion of Europe has been in tur-
moil and confusion, a war has been raging, and a crisis
threatening the entire continent. President MacMahon'g
words were well suited to the occasion. "We have
been able," he said, "in a most earnest and convincing
manner, to demonstrate that seven years passed in
reflection and devoted to labor have sufficed to repair
the most terrible disasters that ever befell a nation.
The world has witnessed the strength of our credit, the
abundance of our resources, the peace and quiet of our
cities, the content of our population, and the instruction
and good discipline of our army." It will be well if
French ambition shall remain contented in the prosecu-
tion of the arts of peace.
With our own success at the Exhibition, we have no
reason to be other than satisfied. It was natural to ex-
pect that in certain departments we should be successful
and in others take a less commanding place. Our side
of the exhibition was far from complete. Altogether,
however, we have no reason to be dissatisfied with our
hundred years of progress, even as represented there.
NEW INVENTIONS.The inventive genius of the American people, always illustri-
ous, appears juat now to be remarkably active. We are justly
proud of Franklin who initiated, and Morse who perfected,
experiments resulting in electricity becoming the most useful of
all agencies. We are equally proud of Whitney, who, by his gin,
revolutionized the cotton trade, and of a thousand others who have
in one waj and another contributed to enriching the world by their
labor-saving contrivances. It would appear, however, as if the
inventions of the past were to be completely thrown int« the shade
by the later lights. Wallis promises, by means of electricity, to
convert the Falls of Niagara into a great motive power, and to
distribute that power at will over the length and breadth of the
land. Edison, who has recently astonished the world with hi»
telephone and kindred mv.ention* enoourages us to belieVe that
OCTOBER 80, 1878. J THE CHRONICLE. 423
b« baa mastered the diiBcultieH which bare hitherto marred the
effective use oi electricity for li^litlDg ]>urpoi>«8. And now while
wn await the results of tho oxperimunts which are being made
hj Walila and BdisoD, wo are further surprised by the
marvelioua discoveries of Mr. Salisbury. The exhibition made
at the nrooklyn Navy Yard on Saturday, promises to completely
revolutinDize the iron, steel and glass trades. By using
petroleum for fuel, not only is coal supersodod, but, at a
comparatively trltlliig cost, there is acquired a heating power
whi h surpasses anytliing hitherto known. In the experiments,
the heat registered 5,000 degrees, melted pig Iron in ten minutes
instead of two hours, and made liquid glass in two hours Instead
of sixteen. Thfl Invention consists of the liquid fuel and the
means of using it. The fuel is made of the residuum of petroleum
and coal tar—a mixture of abuut the consistency of molasses.
It is conducted from the barrel to the furnace by means of a
small pipe. At the end of this pipe, as it extends into the door
of the furnace, is a funnel-siiaped apparatus. When the fuel
enters this funnel, it comes in contact with a current of highly
super-heated steam, which atomizes the liquid, and thus admits a
sufficient amount of oxygen at the point of ignition. Theatomized fuel then shoots in a fierce but delicate spray Into the
blazing furnace, the brick arclies of which are kept at a white
heat. Mr. Salisbury hopes by his invention to revolutionize the
ocean steamship trade; and ho is about to proceed to Pittsburg to
reconstruct her three hundred blast furnaces, and make that city
the greatest manufacturing centre in the world. If the appara-
tus proves to be as safe as it ij undoubtedly effective, Mr.
Saiisbury's discovery will lead to great and radical changes in
many branches of industry.
^omtnx^i^ammtvclKX^nQXiBW^cvuis
BITES OP BXOHA^NUR AT LONDON AND Ori LONAORAT LATEST OATB8.
BZCHANUK AT LONDON-OCTOBER 18. EXCHANGE ON rX)NDON.
LATBSTOK— TtMB. BATX. DATE. Tin. BATE.
Paris25,45 @ii-!>0
Oct. 11. S5 33Paris... 3 mea.Berlin *'
iO.7-2 @J0.7B Oct. 11. short. 20.47Hambnrg *- 20.-3 ©80.76 Oct. 11. 8 mos. 20.47Pranltfort ....
** 40.78 ©20.78 Oct. 11. thott 20 47Antwerp »»
2.'S.52«(a;5.57« Oct. 11. it .93Amsterdam. .. short. n.i (ai».« Oct 11.
"18.03
Amsterdam ... 3 mos. li4% &UMi ....
Vienna " 5a.D4^@ia.07>^ Oct. 11. 3 mos. 116.90Genoa *• 8-l.l2>[email protected]^4 Oct. 11. biiort. V7.15Sapes ** 88.12^843.nn . •• .... . . ..
St. Peiersburg. ** «3>4iaS3X Oct. 8. 3 mos. 84Cadiz «X(a4BJ<Madrid i»
46>£a46X Oct. 8. 3 mos. 47.75Lisbon 90 days. M,S®61>iiNew Vork.... , Oct. 11. 60 days. 4.80Alexandria Oct. 9. .1 mos. 95%Bomoay 80 days. U.iy,d. Oct. 10. 6 mos. 18>« per rnpeeCalcatta **
I», 7X<i. Oct. in. Iloiday.Hong RoDg. ,. .... Oct. 9.
'* Hiibangtiai .... Oct 9. ii. and. pr. tael.
IFrom onr own cortespondanul
London. Saturday, October 13, 1878.
Nothing very important has transpired during the week in
connection with the failure of the City of Glasgow Bank ; but
there is an uneasy feeling, and further suspensions are regarded
as inevitable. Those recorded during the week have not
attracted much attention, and there is a belief that the severity
of any crisis will be mitigated by the fresh arrangements which,it is understood, some firms have been able to make for discount
accommodation and advances. For the time, a decided lull in
general business is apparent, and some fancy that it is only
preceding a storm of trouble; but there seems to be no reason to
depart from the belief entertained at the close of last week, that
the difficulties will be comparatively local. The provincial andScotch banks have been making great preparations to provide
against contingencies, and large amounts of coin have been with-
drawn from the Bank of England during the week. About twomillions in sovereigns have bten sent away, there being an
increase of only £384,070 in the supply of gold held by the Bank,
against a recorded influx of £1,532,000. it is very satisfactory to
notice that the facilities are so easily available for making the
requisite provision, and confidence la promoted by the fact that
trade is quiet, and that, commercial bills being scarce, it is diffi-
cult to see whence any serious and prolonged trouble can arise.
The worst part of the situation is believed to be that the countrybanks have made large advances to manufacturers on their plant
and goodt, ud that the iImIc dnutDd iVhIeb It npnl«M*d toithe latter cheoka lerloaily the prooM* of reeorery. The priod.pal fallore this week la that of Mewra. Hengh, Balfour & Co., ofManchester, a firm well-known ih ronghont the United States. Theliabilities are not yet known with any degree of accoricy, as tbasuspeEsion only took place actually last night; but the MaoehM.ter Guardian of to-day sayi that tho direct llabllltle* owing la
that city amount to about £200,000 and that any lama owIok to
Manchester banks are amply covered. The laapeoslon haa, It ia
understood,,been caused by the atoppage of the firm's ordinarydiscount facilities in London. The firm of tleugh, Dunlop k Co.,
of Bradford, la a separate establishment, and Its position la notaffected by the stoppage of Hengh, Balfour & Co.
This failure in Manchester caused a gloomier feeling to pro-vail. For some days paat there haa been Increaaing onaaalnaMand fears have been entertained that a succession of fallnrw waaInevitable. It is now ten days since the City of Qlaagow Bankstopped payment, and yet there haa been no panic, which ia aofar satisfactory ; but the opinion la widely held that the proeoaaof failing may be so frequently repeated that, without any panictaking place, there will be a prolonged period of restricted con-
fidence. Many persons desire to go through a ahoft and decialTO
process; but the object of those more tangibly Intereated la to
affjrd support wherever practicable, and, at all events, to miti-
gate the trouble which exists. Bnsineas la, of course, upon a veryrestricted scale, and the banks and discount houses are verytimid. Hence, there is a good demand for bills of the beat claaa,
and Treasury bills are much sought after ; but second claaa paper
is difficult lo negotiate. The following are the present qaota-
tiona for money
:
Open-mtrlcet raws
:
Per eeni.4 mouths' bank bills *K^1ig months' bank bllli *\9*%4 and ( montiit' trade bUls. 5 QSM
Per cent
.
Banli rate sOpen-market rates
:
SOandSOdAys' bills 4K®IVSmonths'bills iii^iiH
The rates of interest allowed by the joint-stock banks and dla-
count houses for deposits are subjoined:
Percent.
JnintstocR banks 4DIsconot houses at call 4Discount noases with 7 days* notice 4VDiscount houses with 14 days' notice 4j^'
Annexed Is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of Consols,
the average quotation for Engliah wheat, the price of middliog
upland cotton, of No, 40 mule twist, fair second quality, and the
Bankers' Clearing House return, compared with the four pre-
vioua years
:
15-1.
Circulation, Incladlng £banlcpostbiila 48,058,431
Public deposits 3,957.287Other deposits 81,497,7)9Qovemmont securities. 1.%»40,1.W
Other secnrilies 19,806.267
Reserve of notes andcoin 9,U)5,8!6
Coin and bullion in
both departments... 22,066,45aProportion of reserveto liabilities.
Banlc-rateConsolsEnglish wheatav. price
Mid. Upland cotton.No. 40 mnlo twist.
1S7S.£
«9,673,8114,143,885
26.i)61,0.-3
l«.55l,0»580,927.246
10,;89,206
45,03S,33'i
1876. 1877. VSa.£ £ £
29,5! 1.910 88,716.855 19,447,7340,IB5,S8^ 5,089.231 4,I41.7SS
311,101.638 41.177.37519.718.60118,201,945
16,018,738
28,967,071l«,9ST,«n
19,064,149 S0,ia>,774
19,999,778 9,(31,118 10,214.980
34.093,521 22.783,318 14,154.7»
3« p. c94
45s. lOd.
«Hd.lOXd.
ClearinEHotiseretnm. 103,196.000 111.31<l.t.0a
4p. c
4is.8d.8d.
Is. Oi<d.
54-61
3 p. c.
46s. a.
35-49
5 p. cV>U
ess. tid.
5^0. 6 ll-ttd.Ud.
80.914,C<10
lOXd.99,177,000
3t-985 D. c.
40s. 4d.6ft-t6d.
t^d.88,SS«.(M0
About £1,250,000 in gold have been received from Paris daring
the week; but about £2,000,000 have been sent in gold coin to
Scotland, Ireland and the provinces, and the probability Is that
the present position of the Bank of England la not atrong. SInco
the return waa completed on Wednesday evening, large rupplies
of coin have been sent away to the North. The price of silver
has fallen to 51d. per ounce, but Mexican Dollars remain at SOfl.
There is an increased demand for American coin; and the Baak
of England directors have raised their price to 76a. Sfd. per
ounce. A few parcels have, however, been purchased In the open
market above that quotation, and have been forwarded to New
York. Last Saturday, 10,000,000 franca in gold were shipped
from Havre to New York, and a furtlier sum will be sent away
to-day ; but the demand appears to be laaa extensive than had
been expected.
£400,000 in India Council bills were offered at the Bank of
England on Wednesday; but there was scarcely any demand and
no allotment was mide.
On the Stock Exchange a dull tone haa prevailed, an I pricea
have had a downward tendency. British railway sharea aro
decidedly weak, but in American stocks, conildering how largely
they are held in Scotland, there haa been no serious decUaa.
Consols have boen firmer daring the last fair daya, which la
421 THE CHROJ^ICLE. [Vol. XXVII.
partly to be attributed to tbe fact tUat in times of distrust a
sound investment ia desirable. The condition of tlie British
Treasury is not very satisfactory. Tiie amount of Treasury Bills
afloat is very considerable, and to pay the dividends this week£2,500,000 have been borrowed of the Bank. The outgoings of
the Government have been very considerable during the last twoor three years; and it is quite possible that increased taxation
will be necessary.
Annexed are the current rates of discount at the principal
foreign markets :
Bank Openrate. markH.p. c. p. c.
Pans 2 2
BrnsselB S)^ SJiiaSXAmsterdam 4 8Ji@iBerlin 5 4>4;ft4XHamburg 5 3Ji@4Frankfort 5 4iK@4KLeipzig 5 4y@4HGenoa.... 4 4•Geneva 4 4
St. PeteraburerVienna ana Trieete...Madrid,Cadiz and Bar-
celonaLisbon and Oporto. . ,
.
New York.CalcuttaCopenhagen
Bankrate.
Openmark't.
p. c. p. c.
66
"i'4@5
i>i iX
The following statement shows the extent of our importations
of wheat and flour during the first month of the season in the
present and three previous years, and also the supplies whicheach country contributed
:
WHEAT.
1878. 1877.
Cwt. Cwt.RuB=ia I,ia6,60.i 1,3J5.!)91
UnitedStaies, 2,19i,8i3 l,078,:i8(l
British North America 54J,til8 3il,78tiGermany 305,9!)" 381,253France .... 13.549Chill 49,a91 84,Si5Turkey, Moldavia andWallachia 3,808 96,509
Eaypt .. 43,313 11)0.31.'.
Briti.-h India r4,417 578.S76Other countries a5u,0!5 94,4(iO
Total
Germany,
FranceUnited StatesBritish North AmericaOther countries
4,5'J2,620 4,036,619
FLODK.
83,62555,725
lliO,506
17,748
192,821
Total. 494.251 5I0,.301
1876.
Cwt.
662,193V«0,161277, US15,4»63,2()7
90,151
84,628399,951316.563409,942
3,039,506
70,02366,274191,76131,(il2
88,554
433,231
1875.
Cwt.
1.S86.852
2,530, <69
71O,.3S0
608,474281,41399,80;
67,8874.58,610
163,327445.324
6,647,434
fi3,5J3
101.8^0218,1)21
46,06863,516
493,318
Annexed is a return showing the value of the cereal produceimported into the United Kingdom during the past month, com-pared with the corresponding period in the three previous
WheatBarleyOatsPeasBeanaIndian Cora..Flour
Total 4,451,071
1873. 1377. 1376.
£ £ £8,361. a^o 2,518,131 1,17.3,780603,385 375.065 342.o;l2216.1113 419.743 383.52548,165 27,801 33.22326,; 72 145,703 161,521848,610 754,405 1,344,518418,676 47i),490 342,7f6
4,451,071 4,7)6,894 4,031,382
1873.
S3,667,5822(3,708463,44127,041
116. J 29
769,567405,. 75
5,693,619
The Board of Trade returns for September, and the nine monthsended Sept. 30, have been issued this week. They show thefollowing results :
1876. Is77. 1878.
Imports in September 30,661,254 38,234,769 27.229 581Imports in nine months
, 212,216,810 292,528,403 282,616'072Exports in September 17,777,917 17,117,4^6 16,561,33.'Exports in nine months 16),035,447 147,685,51!) 141,928.177
The following figures relate to the nine months ended bOthSeptember:
, , ,1876. 1877. 1878.
Imports of cotton.... .cwt. 10.038.1t)7 9,.3S6,783 9,012 459Exports of cotton cwt. 1,376,4IJ5 1,101,746 876 6)0Exports of cotton yarn lbs. 167,3.14..500 10.5,194,6(0 18',n55 00«Exports of cotton piece goods.. yds. 2,727.354.500 S.661,914.400 2,705,66 1,900Exports of iron and stej tons. 1.663,781) l,7.59,2a7 1 7.!7 f03Exports of linen yarn lbs. 16,918.850 14,15i,017 13,900,500Exporisof linen piecegoods.. .yds. 121,110,131 140,266,731 127,4.58 '<90Exports of jute manufactures... yds. 90,456,103 86,499,9)9 8s, 261 700Exports of silk manufactures £1,800,081 £1,281,145 fL.SOl 437Exports of wool, British lbs. 6,2i4 276 7,839,023 4 73l'27JExports of wool, colonial and
'
foreign lbs. 1.18,699,093 1(.5,8?9,018 145 270 335Exports of woolen yarn Ibe. 21.97.5.549 !9,l:i6 7i0 23 2.39 900Exports of woolen clotil yds. 81671,900 83.515,700 33,637'2eilExports of worsted stufls yds. 172,161,500 ]50,35o,;0O 149,228 600Exports of blankets and blanket-ing yds. 8,«98,910 4.566.900 4..W6,40«
Exports of flannels yds. 4,663,800 5,632,600 5,462 60«Exports of carpets yds. 4,914,150 6,032,700 5,1036:0
The following were the quantities of cotton manufactured pie«e
goods exported in September, compared with the corresponding
period in the two preceding years
:
OOTTOH niCE eOODS OF ALL KIKDS.
1876. 1877. 1878.ToGermany ..Yards 4,4n.5,900 7,466,300 5,5.55,200ToHolland 4,563,300 3,817,500 2,513,4uOToPrance
, 7,728.800 4,839,9ii0 4,99!),6;:0To Portugal, Azores, and Madeira 4,064,200 • 6,432,600 6,443 6u0To Italy 8,378,300 6,850,300 5,^29,01)0To Austrian territories 1,044,300 1,119,400 937,600ToGreece , 3.6il,IOO 2.284.500 P,245.9i)0ToTurkey »4,563,SOO 25,2oi,7ci0 37,741600roEfjypt .„ 7,233,600 7,179.fi0fl 6,517,!f00
Ko West Coast Of Africa 8,707,800 2,863,400 3,090,000
To United StAtes 5.463,600To Foreign West Indies 15,41«,8iiOTo Mexico 1,376,600To United States of Colombia (New
Granada) 1,341,900ToBrazil 16,678,600To Uruguay 2,369,300To Argentine Kepublic 957,400To Chili 4.621.400ToPeru 2,433,100To China and Hong Kong 31,422,300To .lapan. . 3,0 13,800ToJava 6,566,800To Philippine Islands 4,211,900To Gibraltar 8,693,300To Malta 1,614,900To British North America 2,849,900To British West India Islands andGuiana .3,703,500
To British possessions in South Africa. 1,063,000To British India-Bombay 36,9!2.100Madras 3, 163,200Benjjal 77,lt.2,000Straits Settlements 7,08 1 ,700Ceylon 2.735,300
ToAustralia ... 2,957,900To other countries 23.967,400
Total nnbleached or bleached 242,628,900Tot.al printed, dyeci, or colored 89,421,400Total of mixed materials, cotton pre-
dominating 932,700
1877.
5,013, .500
12,5)(4.000
2,7<j3,700
3,633,10014,7I£,300
2.39S,;006,3U2,50O
3,2;8,8002,,',6-l,4n0
30.271,1001,498,0004,791.2003,619,7003,r'50,'00
1.603 4 >e
3,306.600
3.922,000
1,5«8,000
36,282,0001,1)80,801
73,631,7007,330 3038,776,4002,335,000
25,663,500
325,179,800
101,241,800
1,009,700
1S78.
4,531,00010,418,.30n
1,589,500
4,534,300
16,401,700
1,947,5004,417,200
1,719,700
8,479,00024,863,5008.885,0005.S90.40O3.116,600
1,096,5005,817,8003,313,900
2.916,9008,09 .',300
31,210.300
2,938,60070,045,2006,072,200l,556.30a
3,953,80029,535,1)00
223,.'iBl,ID0
96,471,500
893,200
Total S32,'J83,000 .329,431,300 325,943,700
OTHER MANtTPACTURES OP COTTON.Lace and patei:t net £>i4,S09 £76,587Hosiery Of all sorts £63,689 £61,411Thread for sewing lbs. 850,215 973,3^10Other manufactures, unennmerated £6.3,;3l £6),1')3Total value of cotton manufactures £1,717,88) £4,836,614
£32,611£80,930990,937£31,233
£1,631,477
The wheat trade shows but little change. Pine F.nglish
samples continue scarce, and seJl at about previous rates ; but
inferior produce is still very dull. The markets are well supplied
witli foreign wheat.
During the week ended Oct. 5, the sales of home-grownwheat in the 150 principal markets of England and Walesamounted to 71,441 quarters, against 61,436 quarters last year;
and it is estimated that in the whole Kingdom they were
285,764 quarters, against 245,744 quarters in 1877. Since harvest
the sales in the 150 principal markets have been 344,140 quarters,
against 287,095 quarters, and it is computed that in the whole
Kingdom they have been 1,378,560 quarters, against 1,148,500
quarters in the corresponding period of last season. Without
reckoning the supplies furnished ex-granary at the commence-
ment of the season, it is estimated that the following quantities
of wheat and flour have been placed upon the British markets
since harvest:1878.
cwt.Imports of wheat 6,463.513Imports of flour. 7ito,585
Sales of home-grown produce. .... 5,965,100
1877.
6,908. 5'81
iv3.266
4,976,320
Total . .
Sxports of wheat and flour.
14.414.51747«. 7d.
Result 12,792,922Aver, price of Eng. wheat for season 43s. 6d.
Tbe following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.
—
from October 24 to the end of last week, a space of six weeks
—
compared with the corresponding period in the three previous
seasons
:
IMFOBTS.
1878.vVheat cwt. 6,468,381Barley l,56(i,779
Oats I,(i88,0a2
Peas .
BeansIndian Corn.Plonr
i^est cwi.BarleyOatsPeasBeana . ,.
Indian CornFlour
1S8..')59
156,329
4,5 ;8,:ill3
705,583
1877.5,906,5391,252,517
1.733 258lf'0.360
671.375
3,261,957723,266
BXPORTS.
834,3.5 232,3379,688 16,765
4,381 10,230
2,394 2.261
615 1,584SO,-. 88 20,77212,021 4,232
1876. 1875.4,4.-8,416 8,^'8S,0€4
l,27;',5b4 911,755*],:-.00,096 1,372,929
103,4'.l 63,118684.816 432,481
5,9M.804 3,074,152573,037 678,416
119,5W 42,1031,3/1 3.612
4,741 li,39S
1,557 1,180
1,163 2,2:5
77,812 6,5826,420 2,360
Elugllttli market Reports—Per Cable.
The daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:London Money and Stock Market.—The bullion in the Bank
of England has increased £894,000 during the week.sat. Mon. Tnes. Wed. Thor. Prl.
Oct. 19. Oct. 21. Oct. 22. Oct. 23. Oct. 24. Oct. 25.
Sllver,peroz d. 49>f 49)i 49V4 49 9-16 49X «XOonaoiBformoney.. 94 S-16 93 13-16 93 13-16 93 15-16 94 8-16 94 1-16
" account.. 94 7-16 94 94 94X <S4}i 94 3-lSa.8.68(S-308) I867....1073i 107Ji in7«i 107>f 10;>i Kff-in.8.10-40« una 108 103 107>i 107^ 107.if
U.S. 58 of 1881 106X loeji 1061/4 106 105?i lOoJi
U. 8.4X60f 1891 105K 10,1«i 105>i 105 104J4 105
Erie com stock 16it 16)^ 16X 16X 16X IS**
Illinois Ce-itral 78 79"4 BOX 79 78V4 ISHN. Y. CentralPennsylvania 33X 34 33K ••. 3WPliUa. & Eeadlng Uk. 13X 14 18X
OcTOnBU 28, 1878. J THE CHRONICLR 4
lACfrpoot Cotton Ifarktt.—Ht<e apeolitl report on cotton.
LiPtr]iool lirtadituffn ilarket.—
FI>nr(i!Xlr«Su>to).... Vib>. II 8 II 6W>»»tf,itprtnK. Nn.m tOi lb 9 A 9 H
dn d» No.lii'W" 19 19du witilnr \V. new " 8 8 8 6
do SoulhiTii, lu'W. " 8 118 II
do Av. I'nI. whllo.. '• 9 8 9 8
do Oil. rliih. ..." 9 10 9 10
Corn, roliiil fofi, old. tf qr. M 3 91 a
do priiuo, now " 2>l 6 it i
Litfrpool Provitiont Jfarket.—8at. Mon.a. d. . d.
Port, Wf»tcrn mc8«..«l bbl. « <6Ptcoii, long cl'r. ncw.$ cwt. SO 8 SO 6B«con. fhorl c"r. new " 31 6 SI 6Bri^r, I
rimo nii'Dt ^ tc. 66 eii
Unl, priniu West ...^ cwt. 3.% 6 3SCbeeic, Amcr. choice. " 47 47
Literpool Produce Market.—Sat. Mon.». d.
Tinow, prime City.. * cwt. 37 tf
Hpirtts tiirponilne , . " 93 6
Rosin, nminoa ....... ** 4 9Kocln. ftnu . . . :.. " 10Petrolenm, reflned.. f) galPetroUum, fplilt« "
Btt. Hon. Tom. W*A. Tbar.•. d. (. d I. d. 1. d. I. d.
94 89 •7 108 10
A9 89 in
94 833
Tuc».F. d.463031«6SS
f. d.87 «93 84 910
47
Tuo.B. d.37 6
t« «9 «7 10
8 1099 89 10
94 3S3 3
Wert.•. d.ii8il «31 6an3347
Wed.
!34
10
87S3410
94tt 6- 108 10»9 89 10
9< 32.1 3
Thur.». d.45318i n663.^ 347
Thnr.•. d.87 8S.) 64 910
FrL1. d.
tt9 «1 10
S 999
99483
Fri.f. d.4'>
31US663^47
FrI.B. d.
87 6S34 910
(JJommcvciaUxttdl^lsccUaucoxislllcxus.
iMPonTS AND Exports fob the Week.—The imports oflast week, compared with those of the precediog week, Bhowa decrease in both dry poods and general merchandise.The total imports were $4,539,773, against |.5,704,676 the pre-ceding week and $7,194,502 two weeks previous. Th^ exportsfor the week ended Oct. 22 amounted to |7,4.55,993, against$6.65^,904 last we^k and $7,183,567 the previous week. Thefollowing are the imports at New York for week eudlni; (fordry goods) Oct. 17 and lor the week ending (for generalmerchandise) Oct. 18:
POBEIOK IMTORTB AT NEW TORK FOB THE WEEK.1875. 1876. 18T7. 1878.
DryOrvodB $1,418,410 $l,4J5,14t tl,.384.995 tl.S^S.SdflGeneral merchandioe... 5,157,645 2,350,991 3,660,391 3,261. 104
Total for the week.. $3,876,C55 $3,776,13* $5,843,898 t4,589.773PreTlonsly reported.... 873,841,593 231,130,077 2t)0,H18,53l 98!,613,056
Since January 1... $277,717,654 $234,906,809 $866,061,957 $8.32,152,889
In our report of the dry goods trade will be found the importsof dry goods for one week later.
The following is a statement of the exports (exclusive of specie)from the port ol New York to foreign ports for the week endingOct. 23:
sxpoBTS rnoa xsw tobk roB the week.1875. 1876. 18T7.
Portheweek $5,480,384 $6,1>7,981 $f..6H,n45Previoutlj reported.... 196,724,582 8l)ti,9i;,9!«9 821,876,363
1878.
$7,455,993S7S,48«,!)16
SlnceJanoaryl.... $202,184,901) $815,055,980 t228,t9),i08 $888,948,869
The following will show the exports of specie from the port ofNew York for the week ending Oct. 19, 1878, and also a com-parison of the total since Jan. 1, 1878, with the correspondingtotals lor several previous yearb:
Oct. 19—Str. Donan London Amcr. silver bars. $86,000
Total for the week ($.35,000 fliver, and * gold) $J5,C00PievloaBly reported ($5,061,481 silver, and $5,790,610 gold) 10,855,184
Total since Jan. 1, 1878 ($5,09^,431 silver, and $5,790,640 gold). ...$10,890.1'.'4
Same time In— i
1977 #24.2-4.8)51
1876 4i'.56i,(i35
I8I5 64.7«,66iI
Same time in—1871 $57,733,06!1870 Jl54h.3111869. 28,5«4.0:;0
1874 44.3'i6.774 1 1S68 68.,^70,1941873 44 18i,li8M8fi7 4:.257..^681878 68,216,aOI 1 18';6 54.6J8.3W
The imports of specie at this port daring the same periods havebeen as follows
:
Oct 15—Str. Cleopatra Nassau Amer. ellver $1.3.695"- " ' ..... jlipj438518
3,739
600•45
14,467
1,000«35,^H!0
Oct. 15—Sir. Colon Aeplnwall .Amer. allver
Amer. eoldGold bullion. ...Gold dost
Oct.16—Schr. Nymph Belize Amer. silverGild dust
Oct 17—Str. Tybee Porto Plata Amer. silverOct. 17—Brig Alice Truxlllo Amer. ellverOct. 17—Sir. Scythla Liverpool Amcr. eilverOct. 18-Str. St. Laurent Havre... Foreign gold ....
_ Amer. gol't 211.>,00Oct. IS—Bark Kestrel Curacoa Amer. eilver 4,28<
_ Amer. gold 9,498Oct. 18-Schr Caribbean San Andreas Amer. silver 1,008Oct. 18—Htr. Herder Havre Amer. gold 100,1*0
Toul for the weeV (#381.<»1 sliver, and $353,493 gold) |r31,4a4rrevIoUBly reported ($10,471,634 silver, and $5,125,173 gold) 15,896,807
Total eince -Ian. 1, 1878 ($10,758,685 silver, and $5,183,666 gold).. 116,836.891
OnalomB.Oct. il9 $(64 000
r- lUMlpU.-
«1.
n...94..
.
K....
3i4.annSH,aan147.000»7i,n(»«99,OUO
Cold$7l«.570 M
»^7,«1»^ 10i,ii»,6;9 It
331,461 ni.mijin ft«.504,IM8 78
Par*n>4a.
$461. sr* nCarrMCT.$'t1,v« nUtMt M iM.<«i HmMttt t,7IM«B10M9AW 9« t».)m mtnmn i,aau,»i««i
•u ,
Cnrraaey.»»7,«| t»Toi.iMiai«47M«tl«4in,mmt-t.4l4 Itun ta
,4tt,r«T 7« tt,«aMH $»ToUl II.MJ.OJO $«.I87.43J 80 H,»»T,«17 ft $7,
Bdanoe. Oct. 18 tiO.S-.'VMi 99 iV8t6.i;a flvBalance, Oc:t. «} Ilii,(ii)i,u3| ;.o 46.7«3,>4« 06
U. 8. I.EOAi, TKSUBI18 A»i> Natiowai, Bahk NcxTRt.—?ronvthe Oiuptroller ol the Currency, Hon. John Jay Koo«. we havethe following statement of the eurreocy morementa and Treaaurrbalance* for three months past
:
Anir 31pi.» &,V»«,M-',»M
a4M»i9a0 S49 0I9.4-4)
1I,9V«,«M UJH0,4IM
164,700
io,»t,<go
*B..lVs,9M
U./l. BtmiU held at mcutU^ frim Hat. Kla.— July 81.l>i)iid» for circnlation deposited $<.3!w.4MBonds for clrculnllon withdrawn 6 006 9 4)Totnl held fur circulationBunda held as security for depoaluLegal Tender NoUe.—
Dciiosltod in Treasory under act of Jane 10,1874 7M800
Totnl now on deposit. Including liquidatingbanks... 10,909,917
Retired under act of January 14, 1S7J ....Total retired under tliat act to data ^4,3I''>9S4 .~ -...-w^-mToUl amount of greenbacks ouUtandlng.. 349,89I,0I« tt«i6>I,OI8National Bank OtrcutaUon.—
New circulation Issued ,
Circulailun retiredTotal circulation outstanding—Currency..
Gold i;4SS,lS0NotcB received for redemption from—
NcwYork 9,379.000Boston , S,691,0ii0Philadelphia ... 1,123,000Cincinnati ...
ChicagoMlaceTlaneona S,400^000
Is.ogMoP'
»4,(ao
t.m.401
M«,«l,OM
•44.91(1
1,436 68Swr.'no (»>,t40911,5»7 9l7,1«
883.474.4.19 XB,0U,2I3 811,«94,7M. <_. .». !,«»,»« l,4a«,9«l
4,471,0006,671.000790,000911.000
106.0004,390.000
1,098,000Tii&,oao
i,s»,oao
Same time In—
IJn••• $U.513,744
•E; MSLSSSJ£8 II.OM.218187* 5.281.!t44
155 U,7»0.087WTS 6,301. 90i
Same time in—1871... $6.883.8V418T0 8687..i781869 14771. ".Ill
1863 6,326.9421867 2,848.8041866 8,401,783
The transactiooB for the week at the Sab-Treasury have beena« follows:
Total $a,7S«,0OO $16,413,000 $1S,«0.000Treanury MmemenU.—
Balance in Treasury—Coin S0r,fln7jr'S {38.430,709 t8t,iat,t<tCurrency 1,106,817 9,m,171 l,97S,UaCurrency held for re-demption of frac-tional currency 10,000.000 10,000,000 10,000,600
Coin and Bilver certificates ontstanding 43,631,030 4I,017.8JU }4,II74,C70
East-Botind Freight Pool.—The meeting of managers andgeneral freight agents of the varions Western railroadi, for thepurpose ot forming an east-boand pool from Chicago, St, Looit,Peoria, Cincinnati, Indianapolis and liouisville, assembled atChicago last week. At a meeting held in the same city Sept. 6thand 6th, the preliminary steps were taken for the formation ofthe pool. The roads leading from St. Louis reported that theyhad agreed to allow each of the lines 20 per cent of the bnsinrssfrom that place. It was agreed by the roads running east fromPeoria that the following sliould be the percentages of the basl-ness allotted to each line: Indianapolis Bloomington & Western,29; Toledo Peoria & Warsaw, 29; Chicago Pekin & Southweatero,20 ; Chicago Rock Island & PaciBc, 12 ; Illinois Midland, S; andPekin Lincoln & Decatur, 5 ; A commissioner is to be appointedto make the division. The LoaisTilie and Indianapolis roads •
reported to the meeting that they had agreed upon percentages;but the figures are not known.Subsequently the railroad managers succeeded io forming a
pool for east-bound freight from Chicago, which is to go intoeffect Nov. 1. All the roads are pledged to gire ten days' noticeof any raise or rednstiott in its rates.
These pools are tortued on the general basis adopted at the Sep-tember meeting, which embraced the following points: 1. ThatChicago, St. Louis, Peoria, Indianapolis, I.«al8ville and Cincin-nati shall be pooled points. 2. That all tonnage (lire stockexcepted) originating beyond the pooled point shall be Includedin the tonnage from such nearest pooled points. 3. That thetonnage, for five years, or such less period of time as may beagreed upon, prior to July 1st, 1878. be taken as the baaU for
determining the proportion due to each road.
—The card of Messrs. B. F. Babcock & Co., commission mer-chants in Liverpool, will be found on the laat page of the Chron-icle. This firm is repre.sented in New York by the strong andconservative house of Messrs. Babcock Brothers & Co., SO Wallstreet, and for any transactions in cotton orotherprodnoe betweenthe New York and Liverpool icarkets, these firms hare everyfacility which capital and experience furnish.
—Attention is called to the fact that a gold medal baa beenawarded at Paris to Messrs. J. & P. Oats, the celebrated manu-facturers of spool cotton. Their previous awards were; Priie
M-dal, London, 1862; Prize Medal. Paris, 18li7 ; Hibbon of
Knighthood, Vienna, 1873 ; Prize Medal, Philadelphia, 1876.
Messrs. Auchineloss Bros., 47 White street, are the well-knownagents in New York.
—Messrs. Winslow, Lanier & Co. ire ofTering a limited amoantof Scioto Valley first mortgage sinking fund seven per cent
bonds at 92^ and interest. The annual interest charge on the
total issue of bonds is only (91,000, and the net earnings for
seven months have been $1(^,843.
A limited amoant of Dakota Soathem Railroad aeren per
cent gold bonds are offered by Messrs. WaUtt>n H. Brown &Bro., at 95 and accrued interest. Also, the six per c»nt flrtt
mortgage bonds of the Nashville Cbatt4u>ooga & St. LouU Rail-
road, at 80 and accrued Interest.
—Messrs Perkins, Livingston, Post ii Co. have still remaining
$80,000 of Northern Railway of New Jersey drat mortgage ex-
tendtd 6'8. which they offer to inveetora. The total amoantissued is $200,000, and the net earning* laal year reached $63,000.
426 THE CHRONJCLE. rvcL xxvii.
^Ixe jankers' ^^v^etlt.
No National Banks organized durinff the past week.
DIVIDEND!*.Thefollowlni; dividends have recently been annoanced ;
Najce or Coffl-ASr.
Railroads.Boston & ProvidenceCedar Hapids <fc Mlssoori River (quar.)...
BvansTlUe & Tcrre HauteManchester & Lawrence
Banks.American Exchange NationalFnlton NationalMercantile NationalPacific (qiiar.)
iniscellaneons.Iowa Enilroad Land Co. (qnar.)
fisaCbnt.
WhenPatablb.
$3 Nov.Nov.
Nov. 1
Nov.Nov.Nov".
Nov.
Nov. 1
Books Closed.(Days inclusive.)
Oct. 19 to Nov. 1
Oct. SO to Nov. 1
FRIDAT, OCT. 25, 1878-5 P. jn.
The Money market and Financial Situation.—There is a
much more quiet tone iu financial circles, both in this marketand in London. The report, which was the sensation of the dayat date of our last writing, that the Bank of France had loaned
gold to the Bank of England, proved to be a mere canard; andindeed the report v.as not credited from the first by our bankers
here. The cable dispatches lately received from London indicate
a material improvement in the feeling there, based upon, or
connected with, the much better condition of the Bank of
England. Not the least striking of the fluctuations attending the
recent disturbances in monetary affairs has been the rapid decline
and still more sharji recovery in the rates for foreign exchange.
Last week, bankers' demand sterling bills sold &s low as 4.85J,and to-day they are held at 4.88^ by leading drawers, thoughactually sold at a fractional concession from that price. This is
partly accounted for by the fact that the supply of commercialbills has fallen off considerably this week, since exports havebeen checked by the decline iu cotton and other ]>roduce whichfollowed upon the threatening aspect of financial affairs in London.Our local money market has been more steady, and borrowers
on call have had no difficulty in supplying their wants at 4@fi
per cent on stock collaterals and 4@5 per cent on Governmentsecurities. Prime commercial paper shows but a small businessfrom the fact that very little first-class paper is offered; rates are
about 5 to 6 per cent, according to the grade and time to run.
The Bank of England statement on Thursday showed again of £894,000 iu specie, and the percentage of reserve to lia-
bilities was 29J, against 27i per cent last week. The Bank rate
of discount remains uncliauged at 6 per cent. The Bank of
France lost 11,191,000 francs in specie.
The last statement of the New York City Clearing House banks,issued October 19, showed an increase of $709,150 in the excessabove their 35 per cent legal reserve, the whole of such excessbeing $4,240,700, against $3,531,600 the previous week.The following table shows the changes from the previovis week
and a comparison with the two preceding years.
' State and Railroad Bonds.—Louisiana consols are moder-ately active, and sold here to-day at 74^. Virginia consols are lower
in Baltimore, where most of the sales are made. The SouthCarolina cases will not probably be decided before December 18,
to which day we understand the Court has adjourned.
Railroad bonds continue to be quite strong on a moderate busi-
ness. The annual income received from many of the bonds at
their present prices is tempting to investors when Governmentbonds pay only about 4 per cent, and first-class real-estate mort-
gages about 6 per cent. In regard to a rumor that the Chicago &Northwestern Kailroad Company had negotiated $1,000,000 bonds
in Europe, the Evening Post money article says :" The following
bonds which were in the treasury of the company, and were orig-
inally issued for the purpose of building the branches named (and
.referred to in the last annual report) and which have been built,
have been sold in Amsterdam at 90. The company originally
advanced the money to build these branches, and the sale of these
bonds re-imburses the company for its outlay.
Minnesota Valley Railroad Co. bonds, 25 miles, at $6,000 per mile $160,000
RoclU'Stcr & Nort'n Minn. E. R. Co. bond?, 25 miles, at t8,OO0 per mile. 300,000
Plainviow Railroad Company bond", 16 miles, at $B,25' per mile 100,000
Menominee River Railroad Co. bond?, 25 miles, at $10,000 per mile.. .240,000
To:al 1690,000
" $100,000 of the bonds having previously been sold. All these
are 30-year 7 per cent bonds."
As to the statement of net earnings of the Missouri Kansas &Texas Railway, published in our issue of October 12, the follow-
ing is a statement in detail for eight mouths, January 1 to
August 31, 1878, including the land sales :
fiross earnings for eight montbs, from Jan. 1 to Sept. 1. 18:8 $i,770,58J
Receipts from Land Department and miscellaneous (about) 55 WO
Total S1,S36,532
Less ooeratin'r expenses ^^''S^'i^?Rentals and imt,rovementsTaxes paidExpenses Land DepartmentMiscellaneousExpenses of trust and maintaining organization.
$342,019
Expended for renewals 269,600
Net result for eiglit months .. $72,413
The following were sold at auction:
Hhares.
12 1,72!)
25,91087,4444«,35330,601)—l,483.r
Loans and dis.
BjieoieCirculation ..
Net deposits .
l*gal tenders
187S.Oct. 19.
.$246,593,10015,547.80019,601.200
208,144,60040,729,100
UifFer'nces fr'mprevious week.
Doc.$2,041,200Inc. 1,556,700Inc.. 8,100Dec. 1,896,600Dee. 1,321,700
1877.Oct. 20.
$238,183,80016,519,90016,230,300
195,561,50039,949,300
1876.Oct. 21.
$261,968,70017,610,60011,836,700
231,218,20048,740,200
United States Bonds.—There has been a fair business onlyin Government securities. There were some sales here for Lon-don account during the early and middle part of the week, butto-day prices are relatively higher in London, and there is nomargin for importing bonds.Closing prices at the N. Y. Board have been as follows:
150 Tradesmen's Nnt. B'k— 101 1-2
40 Nat. Broadway Bank 19756 Nat. Park Bank 89
113 Mctrop. Nat. Bank 114ia100 Oriental Bank 127100 Brooklj-n Gaslight Co. ...11340 Nat. Broadway Bank 20025 Lenox Fire Ins 9120 Eagle Fire Ins 200^215 Republic Fire Ins 70>428 Mont.ink Firo Ins Ill10 Manhattan Gaslight Co.. 14825 Metroi). Gaslight Co 105lOOBvooklyii (xasliglit Co— 11615 Park Fire Ins Ill
68,1881 rcg.68, 1881 coup.68, 0-208, 1865... reg.6s, 5-208, 1865 .coup.6s, 5-20s, 1867... reg.68, 5-20S, 1867 .coup.6e,5-20s, 1868... reg.6b, 5-208,1868 .coup.58, 10-408 reg.5e, 10-408 coup.5s, fund., 1881... reg.5s, fund., 1881. .coup,4»28, 1891 reg.lQ.4128,1891 coup.
"
48,1907 reg.48, 1907 coup.68, cur'cy, '95-99.reg.
InterestPeriod
& J.& J.& J.& J.& J.& J.& J.& J.
M. & B.
& 8.. Q.-Feb• 9--Feb
MarMar.
.-Jan.
.-Jan.. & J.
Oct.19.
1077810778102%102%'lOS^g'lOSOg107%107%106 ig
> 106^8104%10558IO3I2103 «2*99T8100119%
Oct. Oct. Oct.21. 22. 23.
107% 107% •107%*107''8 107% 10778•102% 102'8 '102%*102% '10278 •102%* 105 •'is 10558 "IO5I210558 •105% 105 13*107i2 •107% •107 13*107% •108 •108106 •10573 1057810618 10578 •10578'104% •104% IO4I4IO5I2 10558 10558*103is 103% 103%103% 103% 1031409 'e •997e "9978100 9978 100•11958 "11968 •11959
Oct.24.
Oct.25.
•107%|*107%107%'*107%102%:*1027e102% ''10278105i2>105iB105i2!*105iaIO7I2 "1071210810534106IO4I4105%!10314IO314100•99781195g
1081057810578104141051a103%103%•997e9979
11958• Tills is the price bid; no sate was made at the Board.
The range in prices since Jan. 1, 1878, and the amount of eachclass of bonds outstanding Oct. 1, 1878, were as follows :
$1 ,000 City of Hannibal 6p. 0,
due 1893 524,000 N. J. 7 p. c. imp. b'ds,
due 1892, IO5I2 and tut.
1,000 Jersey City 7 p. c.
imp't bonds, due 1893,IO6I4 and int.
2,000 Jersey City 7 p. c.
water bonds, flue 1902,106% and int.
500 Eead'g & Columbia RR.1st mort. 7 per cent, duo1882, coup's March andSept 90
10.000 Chesapeake & OhioRR. 1st mort. 6s, withcoupons from 1st Nov.,1873, deposited with Cen-tral Trust Co 2719
100 .Spring Mount'n Coal Co.. 4290 Manliat. Gaslight Co ligia22 Knickerbocker Fire Ins.. 8222 N. Y. Mut. Gaslight Co... 6550 Hannibal Bridge Co.,
$100 each 87I2
[ 85 Keokuk & Ham'n BridgeCo., $100 each per share . . 1
100 Union Impr. and ElevatorCo. ofDuluth 15
72 St. Paul & Dulutli RR.Co. prcf 15%
215 Jackson Land Co.,entitledto $819 scrip issued fortaxes 10
Bonds.$10,000 Keokuk & Hamilton
Bridge Co. 8s, Ist mort.,due 1899, with int. coups.from 1st July, 1876 37
800 Jackson Land Co Istmort. 8s, due 1887 100
5,000 Cumberland & Peuu.1st mort. Os, duo 1891.... 8412
10.000 Cousol. Coal 1 st mort.7s, coup., duo 1885 103%
10,000 Cent. Pac. RR. Co. 1stmort. on 50 miles east ofSacramento, 7 p.e. couponbonds, duo 1883 IO6I4
5,000 Amcr. Zinc Co. 8 p. c.
bonds. Coupons on 1stDec, 1872, and after, p. c. 1
Closing prices ot leading State and Railroad Bonds for two
weeks past, and the range since Jan. 1, 1878, have been as follows:
States.
Range since Jan. 1, 1878.
Lowest.
6s, 1881 . . . . cp. 1051s Feb. 25 110% Jime 27 $197,067,15068,5-208,'65.cp. IO214 July 22 105ie June 6 44,459,40068,5-208,'67.cp. 10112 Aug. 12 108=8 June 27 110,174,8006s, 5-20s,'68.cp. 10031 Jati. 2 11]34J"ne28 16,071,50058, 10-408... cp. 10378 Mch. 1109% July '^9 144,280,80058,fund.,'81.cp. 102% Feb. 25 1077e July 30 235,060,8004128,1891 ..cp. 10178 Mch. 1105 Aug. 17 159,860,7504s, 1907 ....cp. 99% Oct. 3 102% Jan. 9 103,209,600€8, our'ncv.reg.!! 1714 Apr. 5;122'ri May 251 64,623.512
Highest.
Amount Oct. 1.
Registered. Coupon.
$85,669,20037,274,750
200,439.30021,393,800.50,285,500
273,379,5.5090,139,25048,290,400
Louisiana consolsMissouri 6s, '89 or '90North Carol ina 6s, oldTeimessee 6s, oldVirginia 6s, consol
do do 2d series..
Dlst. of Columbia, 3-658R.VILROADS.
Central of N. J. 1st consolCentral Pacittc Ist, 6s, gold..Chic. Bml. cfe Q. consols 7s. ..
Chic. & Northwest. cp.,gold.
.
Chic. M.& St. P. cons. s. (. 7s.
.
Chic. B. I. & Pac. 6s, 1917...Erie 1st, 78, extendedLake S. & M. B. 1st cons., cp..Michigan Central consol. 78..Morris & Essex 1st mortN. Y. Cent. <fe Hud. Ist, cp. . .
.
Oliio & Miss. cons. sink. fd.
.
Pitts. Ft. Wayne& Cliio. 1st..
St. Louis & lion Mt. 1st ni
Union Paoiflc 1st, 6s, jgold.
do sinking fund.
Oct.18.
73781061s-16•33•70
•7612
106%114lOlH9578
IO912II5I2114113120'II8I2101122'IO5I2IOOI299%
Oct.25.
106 12•16
70'77%
•80IO6I211410296 14
1091s•115%
Range since Jan. 1, 1878.
Lowest.
09% June 8IO2I2 Aug. 2315 Meh.2933 Sept. 9
July 31Apr. 12
64i4Mch. 410358 Jan. 15109 Jan. 29178 Jan. ,149118 Jan. 5100 Jan.110 Jan. 7
•11315' 109 Jan. 10•113%'l05is Jan.
|115i2Jan. 5119 117i2Sept.lOIO2I4 9578 Feb. 20I21I51051s106%IOOI2
118 Feb. 8102i2Scpt.2010358 Jan. 792%Mch. 6
Highest.
85 Feb. 11108 Jiuie2218 May 253958 May 14
Scpt.lOJune 10
90 July 1110858 Juno 28lllUOct. 810314 May 31102% May '25
II012 Jtuie28116i4J«ly 8114 Sept. 26114 Oct. 2121 Oct. 8122 June 26103 Oct. 10122 Oct. 18109% May 2410858 June 28105 14 July 9
' This Is the price bid ; no sale was made at the Board.
Railroad and Miscellaneous Stocks.— (3n a moderate
business at the Exchange, taking the whole list together, there
has been exceptional activity in certain stocks, with a sharp
advance in prices. Western Union Telegraph has been the most
prominent specialty, and on large sales lias advanced rapidly in
the past few days, touching 98 on the last sale to-day. There
has been no development in regard to this stock, and the oft-
OCTOBXR 20, 1878.J THE CHRONICLE 127
rpponti'd rumor 1h ntrniii^ontpil tlint the Htock h<'lil by llio (•ora-
paiiy Ik to 1«> diHtrlbutfd. Next to Western Union Lnko Shore
iiiLs oofupUHl th(> attrition of the street, and with hirjfo Males
during; the wcok hits ndviinrral to (19 this nfternoon. Tlio coal
rond stocks linve :<howu depression durinff the week, hut close
stronger. Itelnwiire l.nckiiwannii Si Western closiujf at 51 j|.
The diiily highest and lowest prices have lii'en i\s follows:^
teturdir,Oct. II).
Cblc. * Northdo pro'
C. It. I.* I"*"-
IXI.* II. (analDel. UClC.41 WKrlc ••
Han. * St. .'n..
do prcf.
110^ 110SUM Wi
un
do pref.i'aai
lU'tillA44H 4ev
iiM m'It 14)
77 78
HH en80 W'l
.._ ,. lie«llU'H 7m 7X 7>
15*2 1(1IlA in
'lao 123 IX....
ISH 10<4\ ISiii l»Km<2 miui mu «o(J(vsM u«w, fHii oo-H
. 4S 4;H 47J4s 4H.l.i "IS 49i W7 I
96 W).J IS •!«« 14
35 l'3l>j ....
SOU KlU111 nm
It? ...
18M 19eSH 6B««l 95
lis
IS^ 19
I mu 91,4loe ]ouKiusMias4«
... .^^
4H 49
sax as •!i2 33
TOW 7lK
44 4.')t4
4HK BIMI IN la
111 . .
15j5 15)ilai
.19m wu9H^ OAIDUlJ ll'lIU
4H 4hCJ««!< 4«W8I1>, 9«jSla 13
... 35
• Tbeeo are the prices! bid ana askod : no saU was niiide at tUo Board
.
Total sales this week and the range in prices since Jan. i, 1877,were as follows:
Central ot S.JChic. Biirl.&Qiiinpy.Chic. .Mil. ill .St. P.. ..
do do i>rcf.
Chlcavu A Northw. .
.
do do prof.Chic. Rocklsl.APac.Del. .V iliulmin (.'aiial
Del. I,a<k. Jc WesternEricHaiiiiibiil & 8t. Jo. ..
<io do pref.niiiioisr.-ntral
Sales ofWeek.Shares,
i
Jan. 1, 1878, to date.(Whole yearI
1877.
Lowest.
• ntral' ^<ox
.N. Y. iVui.AHiid. R.Ohio .t y\ i.<si.ssippi . .
.
PHiilic .MallI*:ii!!iina
Waiiit-'h
Viiiiiu PacilicWestern Union Tel. .
.
Adams E.^pre.'*s
American Kxpress..United .states Exp...Wells, KartfoA Co...ljnick,'«ilver
do pref
13,7808i)0
20,29012,.540
104,7.577i),7102.1009.248
lS9,0t)018,972
800900
4,590170,760
4,20010,2801.7151,2351,400
S,i'l615,633
191,23758778210250
ISiQjan. 29914 Feb. 282713 Sept. 2
I61 Oct. 14
I 32 la Aug. 10I
59% Feb. 99838 Jan. 15
! ISiaOct. 22i46%Mch. 57^ Jan. 510 Feb. 282158 Feb. 2872% Fob. 14SS'^'a June 2958 Hi Jan. a67^8 Feb. 28
10334 Fob. 116% June 291458 June21
112 Jan. 5121s June 266II4 July 3175 14 Fob. 1398 Jan. 846 Aug. 244 Alls. 782 1£ Jan. 712 Aug. 2129% Feb. 5
Highest. Low. High
37%118'842I973M43^809 13
1031a74 1£7715ir'o337879733e74 1492 Si
109 14113826 14130
4514 July 11114% Julv 15.5478 .Tuly 884.\July 955 14 Apr. 1779I3 Julv 1111914 June 759^8 July 10Ol^s Julv 1018% Julv 31lliilSept. 540 Sept. 587 July 1170 Oct. 972=8 Apr. 1889 Juno 10115 Sept. 511>4 Apr. 15237^ Jan. 16
131 Feb. 2520% Apr. 573 Meh. 2098 Oct. 25109 J4 Oct. 25521a Mav 851% Feb. 2597 Oct. 919% Feb37 Juno 15
6941140781537%821225%307e4«8717401s45355851 1485I4
21a127880
59%569143 143081131978
73845810560 1459%902445
The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below. The statement includes the gross earn-ings of all railroads from which returns can be obtained. Thecolumns under the heading "Jan. 1 to latest date" furnish thegross earnings from Jan. 1 to, and including, the period men-tioned in the second column.
.—Latest earnings reported.—. —Jan.l to latest date .
EARNrXGS. Week or Mo. 1878. 1877. 1878. 1877.Atch. T.M.. (fe 8. F.2d wk Oct. $119,.50O $93,767 $2,911,293 $1,921,203Atl A- i;; \Vc«t...August.... 369,761 421,483Atlaiiti, .Mi.ss.iO.An^nist... 155,012 184,176 1,044,263 1.073,698Bur. ( . lla)i. & N.2.1 wk Oct. 32,487 36,622 1,199,342 888,314Bnrl.A.Mii.H.inX.Au^'U.^t.... 166,320 123,117 981,089 606,822Cairo & St. Louis. September 19.371 19,745 161,773 175,803' •""' ' i.iHc....Septenilierl,831,00O 1,441.293 12,937.363 12.033.937' \lton..2(l wk Oct. 131,426 116,608 3,686,075 3 544,736
.V Q...Auga.st. ...1,632,207 1,330,249 8,996,425 7,631,597'
. ..-t. ni..2(lwkOct. 18,626 17,886Chic. Mil. & St. P. 3d wk Oct. 18^,000 258,973 6,669,000 0.193.213Cliic* Northwest.September 1,345,796 1,5.59,368 10,034,801 8,593,055do pi-i ipr'y r'ds.September 106,704 136,074
Clcv.Mt.V. .tU..]stwkOct. 8,660 7,897Dakota .Southern. Aui:u.st.... 15,164 12,537Denv. i Klo G...3d wkOct. 28,300 17,002Dubnque&8.Clty.2il wkOct. 24,774 26,752Erie July 1,157,090 1,041,205Gal. n. its. Ant. August.... 110,083 99,140Grand Kap.,\£lnd.AiigU9t.... 10;i.38(i 96,681Grand Tiunk.Wk.eiid. Oct. 12 207,001 221,694
90,345 - -
485,698129,93128.57044,783113,54682,453
114,979123,497
6,5881,316 3,931 142,571 141.537
288,084 322,896 2.025,890 2,168,652
Gr't Western. Wk.eiid. Oct.lS111. Cent. (III. line). SeptcniMer
rto lewn lines. .ScptciiiberIndlannp. Bl.A:W.2d wk Oct.Int. & Gt. North. .2d wk Oct.Kansas Puilllc .2d wk Oct.»' ' • .vTex.3dwk Oct.
• iio .\ugust.. St.L.September
i .. i.M/iibctht.lstwkOct.'' •' \ .Memphis.. 2(1 wk Oct.I Kit Liie SeptemberI'liiia. i- Ue;Mling. SeptemberHt.L.A.A.T.II.(bis)2d wk Oct.St. I,. Iron Ml. A: s.2d wk Oct,St. L. K. <:. A: No. .2d wk 0<t.St. L.A:S.E.(Sl.l,.lSepteniber
do tKen.i..Septemberrto (Tenii.). September
81. Paul & S. City Septembernclotu Valley SeptemberSfMM X f it V A: St. P.Septeinberr..' r. n- ,., ,v War. 2d wk Oct.
W;iljUi.ii
113,89;607,713209,03930,4;i242,04394,07469,767
125,714157,424
6,4443,931
322,896779.481 1,527,1.10
288,192138,088873,795741,105
8,289.355728,993778,222
6.872,0023,600,7673,960,2271,083,2931,012,2951,037,3482,799,.">9()
2,335,1441,117.0891,188,031
291,098109,023598.815689.564
8,051,009588,8016!I5,312
7,156.5643.462.5063,728,7251,029,300979,ni<!
1,081,9372.465.1552,538,0841,019,1951,255,001
15,280 16,082 373.874143.000 147.368 3.222.61290,363 89,537 2,510.82162.831 64,661 468,13230,724 29,0-17 256,96014,148 14,:i87 124.89652,019 61,720 430.31629,151 17,587 203,72430,418 42,228 266,14822,695 27,205 1,012.068
illc 8cpteniberl,163,426 1,035.232 9,0.52.600SdwkOct. 109.920 112,558 4.020,199
8.810.420 10.431.4.53.•t9;).4::2
3.277.6632,395.781
111.191240.395113.1773.19,226
200.S26867.937
9.073,6693,685.145
The Hold narkct.-rhero haa be«n rompanitlrrly llttlninterest in ifold, ami today the price op«n«(i and r.Umnl at ]00|Helling In the mnaiilline at 1U04. Un Knid lonn« ratm wem fmai8 to H ner cent for carrying In the morning, and at th«t elamcash gold loaned Hat.
Hilver in Ijondon is (|ii(it4Ml at <I0{.
The range of gold, and rlmrlnKn and baianoM. wew m follow*:
Qnotatlonn. OoldClearioK*.
Balaaaaa.
Open |I<<.w.| High Cto*. '• • '-irnmar.
Oct. 10..•' 21.." 22.." 23.." 24.
.
V 25..
100>i'lOo^ IOOi«lOOij loimi I(K)«ii
lOO'alooi.j loo«iilooigioomiMjijlOOij lOO^S. l(H(ia
1003gl00% 10U>i
100ia'lOOis'lOO»BlOl'4100'ii lOHh1027, l(H)l8 I027g
100«lOOia100 Ig
100 la
100an
loo's
1013|100>alOOaiB
$U.806.0(*<».209,0<«>8,148,0000.367,0000,084,000
10,030,000
i.
1,1
i,io..,....i
OM.OOO
••no
. 1
l,MM»,.t.',l
(M0.33A
Thin week ,'S5.40O.0O0$137,833,000Prev. w'k
8'eeJan. I$1,238,500 $1,367,047
The following are quotations in gold for various coin*Sovereigns $-1 8:1 «i|i4 87NuiKileons 3 83 ® 3 87 ;
X X Kelclimarks. 4 75 » 4 80 I
XOnlldeis 3 !M) ® 4 10 ,
Bpan'h nonbloon8.15 05 915 90 1
Mex. Doubloons.. 15 45 ®15 60 I
Fine silver bars .. 107%® 108iaFine gold bars par.'^'^prem. I
nimeo A >4 dime*. — 98 • — MS" '; ind >«•. — 9HH* — 08««— 90 • — l>2
udlara.. — 83 •—84i.iii.iisri Sliver .... 4 7S •4 85I'nis. sllv. tlialera. — 68 » — 70Tnule ddllam — 98l4» — D8>gNew silver ilollara — 097(* — par
Exclianice.—Foreign exchange has made a sharp adranc*,and prices to-day are two to three ]>olnt8 above last weiflk. Thereis but a small demand f«)m bond importers, but a decrease In
commercial bills is reported in conscqacnce of ahipments ofproduce being checked. Actual business was done at a slight
concession from the rates given below.In domestic bills the following were rates of exchange on New
York at the nndemicntioned cities to-day: Charleston, plenti-
ful, buying H-llMdii discount, selling i<3par; N'ew Orleans, commcrcial K'%5-16 discount, bank ^ discount; St. IionU, SO dis-
count; Chicago, steady, 2u premium; and Boston, 13ic. dlscoiuit.
Quotations for foreign exchange are as follows:
Oct. 25.
Prime bankers' sterling bills on London.Good bankers' and prliic commercial..(iocil coinmercialDocumentary coimnci-cialParis (fiancs)Antwerp (francs)Swiss (francs)Amsterdam (guilders)Hambmg (rciclimarka)Frankfort (reichmarks)llremen (rci. hinarks)Berlin (reichmarcks)
60 days.
4.82 ®4.4.811a a'4.
4.80 »4.4.79 ia»4,5.23i8a5,5.23is956.23ie»5397a»94 •94 994 994 *
82 19828180i«20«»20«820i>B
4094 >«
94 1494 >4
9414
3 day*.
4.88 94.88><4.87><«4.884.86 94.874.85<<»4.86li5.20lg95.18>«S.20«r»5.18isS.20S«ft.l8>e40>«a 40l«94^394'>8»
947e9047g9
95>«95 >8
95«95 >•
New York City Banks.—The following statement shows the
condition of the Associated Banks of New York City for the weekending at the commencement of business on Oct. lU, 1878 ;
. ^AvcBAOi inottjrr or
Banks. CapltU.
.2,000,OCO
. 2,050.000
, 9,0t0,000, 3,a(io.(X)0
1,300,0003,000,OCO
. 1,OJO,0001,000.001
Sew York. ...
Manhattan Co.Merchants' . .
.
Mechanics'....Union ....
AmericaPhoenixCity --Trad-smen's 1,(!00,0.«
Fulton 6«.000ChcmcHl.. .. aoooooMerchants' Exch. 1,000,000
Gallatin National 1,500,000
Bntchers'JtDrov. aoo.!*)
Mechanics' &Tr. 60O.OOO
Greenwich .. .. ao;i,M)0
Leather .Mannf'rs tiO0,^XX)
Scv«nth Ward.. 300,000
Sute of N.York . 800,000
AmericaaKxch.. 6,000,000
Oommetce 6,000,000
Broadway 1,000,000
MercantUe 1,000,000
Paclflc 4Si,'roO
Republic 1,500,000
Clialbam 490,000
People's «2,500North America.. 700,000
Hanover 1,' 00,000
Irvlu" BOO,0OC
Metropolitan 8,000,000
Clta»n«' 900,000
Nasfaa ],0.io,0o0
Market 1.000,000
St. Nicholas 1,000,010
Shoe and eather l,ii00.1O>
Cora Exchange . 1,000,008
Oontineaial ),ao.litiO
Oriental ... 800,000
Marine .. 4O).000
Inip.jricrs'JtTrad 1,500.000
Park. . 2,000,00Mcch. Bkg. Aite'n OOO.PO)
Grocers' 80o,000
Sorih River ^^-W*East Itlver . ... 880,000
Manuf'rs' A Mer. lt«.000
F.mriB National 3.5 0,000
Cinlrai National. a,OiA0M)
Second National. 3O»,fO0
Ninth National.. 1M.000
Fir»t Nalioral... MCOOOThird National.. 9H8,8i)0
N V. N..t. Exch. 800,1X10
Bjwery National SSO,000
New York County * 0,000
German America 760.000
Loans andDlscoantB.
$8,5»5,000&,«09,40U
7.537,7007,200,8004,093,8008.471.9002,311,000bi^a3,40U3, -238,3001,574.700
10,a47,1003,419.1003 845,«00
1,30.1.(X)0
l,413,l«)
B71.1002,487,800884,800
l,5ri,«0ll,8«U,0iO18,73-1,800
4,?23,S003.185.100e,057,5008,444,50')
«.»12,100i,3K,ioa1,693,000
5,053,8001,910.400
IS,"21,0001,4«>>,000
1,95tt,«M
i,4»l,?00).9S'i,i!09
3.581,100
4,93(1,800
3.9:.o,ioa
l,3M,IOOij,34.%00014.«t,anO10,599,900
taviop515,100701,100ii»,oao8l^M)
18,306,9007,477,0003,nM.0C0.151«,10O7,89.1.400 1
&,9<&.7001,139.800
1,114,000
1,181,100l,»7i.70(>
Specie.
(1,587,630431,100714,10048->..^00
Siil.OOO
1,038,100477,000
1,592 800i;4,6'iO
1.511,700
LegalTooucn.
50^,800614,800833,100533.10048fl,400
1,148,!«03^3,000
1,056,0004lit,a00
485,900441,S00 8,5«:.
.800 419,500851,00011.1,000
*i,aio9.400
361.l>0i)
61,800881,8110
869,00)608,30079,900
1011, ICO
8i,9;o195,100145,60)19.300
i:!o,oao
103,80088,400
991,00076.500163)0TI.400;5,!>00
2^<,0009i.9d040,800ll.rOO
91,0006l<l,«)0
198,MO35,4001,100
88,000as. 1(0
1.000
404,700186,000249.0UO]8i.90O861,3X140.400318,800
1,378,0110
1,100.4006sa,90j481, 10045S.XI0
277,400477,500«B,40'J197,00)S'81, «)411,«iX)
1,496.00)838.4)0881,1100
414,800154,800411,000S80,IXMTSa.euu166,00)5B,1I0
NetDepoalU.
7,769,7004,165,6006,S87,allO
5,198.7008,»«,500S,7«7,'ia0
8,178,0005,031,9008,0«6,60J1,888.M0
I0.>"86,400
8,4 5,8(10
1999,900966,000
1,041,000810,901
8,159,40078l,.00
1.493,900
8,350,00011,804.600i.i.7;.;o)
8.0S33M)1,915,8001,IISS,600
8,9«'<,6(IO
1,05,500lAll,60a4,487,0(01,881,400
Clreola-Uon.t
44,0007jaa
80.600170,000116,900
1,100»),oao
798)900
661.800414.800865,000iy7,oou
8,700t7a,4ao89,70045.000IMOOO
1.790,8008M,«M179,400
490^066
6,400
444)70084,800
9,tM.U)0 8,884,0001,668.800 817.8001,786,000l.'SS.I00A3S,tOO
8,6«,.')00
1,1168,400
3,074.6001,14\S0O8,387,000
5,170.300 17,189,100
.996,300 18,40t.»U18^•«><».4O0166,900OI.SOOin.no
601,70047I>,5Q0
7««,:oo546,100
1.900M6JI»497.900OIT.IOO
4.700
771.900
934)0001,104,900988.800
•3)100
448!w) 8,3i«)»5 !0,5»!wu l,Otl)MJ
146,000 l,3.'8.00a 6,148,000 I,4i«k00>
vA.om18l,3()0 tOI.JOU,887,-.00 1.91»,1t«
36S.600 1.710,700
85.00))
<,SOU
800)800
817,000184,700808,800
8.091,000<J81,tOU•.ooun•,opa.iv>88a.M)0806,000
I.I8I.O0OI.8B6.I00
46,«C0n».40O
taoLOoo
Total 63,111.000 «6,98i,lO0 19,517.800 40.789,IW 108,141.000 a.m^m
428 THE (CHRONICLE. rvoL xxvu.
GENERAL QUOTATIONS OF STOCKS AND J50NDS.Quotations in New York represent the per cent value, wUivtover the par mny bo; other nuotutions are freriuonlly mafle per share.
The following abbreviations are often used, viz.: "M.,"for mortgage; " g.," for gold ;" g'd," for guaranteed ; "end.," for endorsed; "cons.,
for consolidated ; " conv.," for convertible ;" s. f.," for sinking fund ;
" 1. g.." for land grant.
Quotations in New York are to Thursday ; from otiier cities, to late mail dates.
Sabscrlbera -will conrer a favor by giving notice of any error discovered In these (tnotatlons.
United States Bonds.
UNITED STATES BONDS.68, 1881 reg-.J & J6s, 1881 coup. .J & JCalled Bonds reg
do coup6b, 5-20s, 180,5, new reg. J & J6s, .'5-208, ISO.'i, new... coup.. J & J6s, 5-20S, 1H()7 reg. .J & J68,5-208,1807 coup. .J & J6s, 5-208, 1808 reg. .J & J6s, 5-208, 1868 coup. .J & J58,10-408 reg..M& 858,10-408 coup . .M& S5s, funded, 1881 reg.. Q—
F
5b, funded, 1881 coup.. Q "4ias,18i)l reg "
4>28, 1891 coup48, 1907 reg4s, 1907 coup4s, small coup6s, Currency, 1895-'99..rcg..J & J
Bid. Ask.
107% 107'8107% 107 's
FQ-MQ-M
102%102%lOSifil
1053b|1071a108105%105%1041810538103»4103%997e99'8100119=8
103103105=8105i<j
106106104%105 H;103%10314100100100 141197,
STATE SECURITIES.Alabama—58 and 8s, fundable.. Yar.
88, Mont. &Euf8s, Ala. <fe Chat8s of 1892-93 J & J28 of 1906, funded "A" J & J58 of 1906, funded, ER. " B".Class "C"
Arkansas—6s, funded, 1899 ..J & J78, L. K. & Ft. 8. issue, 1900 .A & O7s, Memphis & L. K., 1899..A & O7b, L. E. P: B. & N. O., 1900..A & O7s,MiB8.0. & R. Riv.,1900..A & O
' 7s, Ark. Central RR., 1900.A &. O78, Levee of 1872
Califomia^Os, 1874Connecticut—Ss
6s, 1883-4Delaware—Cs J&J*Florida—Con8(tI. gold Os J & JOeorgiar-Oa, 1879-80-80 P & A
7s, new bonds, 1886 J & J7s, endorsed, 188678, gold bonds, 1890 Q—
J
88,T'6, '86 AiOIllinois—Gs, coupon, 1879 J «& JWar loan, 1880 J & J
Kansas—7s, '76 to '99 J&JlKentucky—CsLouisiana—Old bonds,fundable.Var.
88, non-fundable VarNew consol. 78, 1914 J & J
Maine—Bounty, Os, 1880 F&AWar debts assumed, 6s,'89.A& OtWar loan, 68, 1883 M&S
Uaryland—Os, defence, 1893.. J&Jt6s, exempt, 1887 J&Jt6s, Hospital, 1882-87 J&J t
6s, 1890 Q—
J
5s, 1880-'90 Q—
J
Massachusetts—5b, 1880, gold.J&J I
58, gold, 1 883 J<kJ58, gold, 1 894 Var. t
58, g., sterling, 1891 J&J t
do do 1894 M&N;do do 1888 A&O:
Michigan—68,1878-79 J & J6s, 1883 J A J78, 1890 M& N
Minnesota— 78, KR. repudiatedMissouri—6s, 1878 J & JFimdiug bonds. 1894-95 J & JLong bonds, '89-90 J&JAsylum or University, 1892. J & JPannibal&St. Jo.,1886....J & J
do do 1887....JifeJN. Hampshire—08,1892-1905- -J&J I
War loan, 6«, 1884 M&SNew Jersey—6a, 1897-1902.. . .J&J*
68, exempt, 1877-1896 J&J -
Sew York—68, gold, reg., 1887 J & J68, gold, coup., 1887 J & J6s, gold, 1883 J & J6s, gold, 1891 J & J68, gold, 1892 A&O6s, gold, 1893 J & J
». CaroUna—68, old, 1886-'98..J&J68, old A&O6«, N C. RK., 1883-5 J&J6s, do A&O6s, do coup. off. J & J68, do cbup. off. A&O68, Funding act of 1860, 1900 J&J68, do 1808,1898A&O6s, new bonds, 1892-8 J&J68, do A&O6s, special tax, class 1,1898-9A&068, do class 2 A&O68. do cla883 A&O
©hlo—6s,1881 J & J68,1880 J & J
Pennsylvania-58, gold, '77-8.F&A*58, cur., reg., 1877-'82 F&A*58, BOW, reg., 1892-1902.... F&A.68. 10-15, reg., 1877-'82 F&A6s, 15-25, reg., 1882-'92 F&A
Rhode iKlaud—Os, 1882 M&St68,1893-'l, coup F&At
South Caroliujv—08 J & J68 A&O68, funding act, 1866 J & J68, Land C, '89 J & Jea.Uuia C.,1889 A&O
4213
2043704621433334
g.l05
107
75100108108 >4
108
447348
1010106
10081lom109109
102101IOOI2102505073%102%11210610811110810699101%104llOifl1051061021021041s11225101%107106104103%103%II214106106106
113113
74103II2I2107IO8I3113109108100102IO4I8111107108J04
12512512516167474545499992lifllij
104110100100111104 14109%10410728
South Carolina-(Centinucd)—78 of 1888Os, non-fundable bonds .Var.68, consols. 1893 J & J
Tennessee—t!-s, old, 1890-93 ..J & J68, new Ixmds, 1892-1900... J & J6s, new seiics, 1914 J & J
Texas—6s, 1892 M &St78, gold, 1892-1910 Mi&St78, gold, 1904 J &Jt10s, pension, 1894 J &Jt
Vermont—0.S, 1878 J &DVirginia—Os, old, 188e-'95....J & JOs, new bonds, 1880-1895...J & J6s, consol., 1905 J & J6s, do ex-coup., 1905...J & J6s, consol., 2d series J & JOs, deferred bonds
State Becpritiks. Bid.
30114
00
29"
10211211310110022247052296
21270343231104113115102IOOI4
35102108
105
112%108
171a17
111010
CITV SECURITIES.Albany, N. Y.—6s, long Various7s Various
Allegheny, Pa.—4s .!&
J
68, 1876-'90 J&JWharf 7s, 1880 J&J*Allegheny Co., 5s J&J*
Atlanta, Qa.-7sDo. 88Waterworks
Augusta, Me.—6s, 1887, mun..F&AIAugusta, Ga—7s VariousAustin, Texas—10sBaltimore—Os, City Hall, 1884 Q—
J
68, Pitts. & Con'v.RR.,1880.. J&J6s, consol., 1890 Q—
J
68, Bait. & O. loan, 1890 Q—
J
68, Park, 1890 Q-M68, bounty, 1893 M&S6s, do exempt, 1893...M&S5s, funding, 1894 J&JOs, 1900 J&J08, West. Md. RR., 1902 ....J&J58, consol, 1885 Q—
J
68, Valley RR., 1880 A&O58, new 1916
Bangor. Me.—68, RR.,1890-'94.Var.16s, water, 1905 J&JI68, E.& N.A. Railroad, 1894-.J&Ji6s. B. & Piscataquis RR..'99.A&Ot
Bath, Me.—6s, railroiwl aid Varf5s, 1897, municipal
Belfast, Me.—Os, railroad aid, '98Bo8ton,Ma«s.—08,cur,long,1905Vart68, currency, short, 1880 Var.l58, gold, 1905 Var.tSterling, 5s, gold, 1893 A&Odo 5s,gold,1899 J&J:do 5s, gold, 1902 A&O:
Brooklyn, N.Y.—78, '77-80.. ..J & J7s, lSsi-95 J & J7s, Park, 1915-24 J & J78, Water, 1903 J & J7s, Bridge, 1915 J & J6s, Water, 1902-5 J &JOs. Park, 1900-1924 J & JKings Co. 78, 1882-'89 M&N
do 08, 1879-'80 M&NBuffalo. N, Y.—7s, 1876-'80....Var.
7s, 1880-'95 Var.7s, w.afor, long Var.68, Park, 1920 M&S
Cambridge, Mass.—Ss, 1889...A&OtOs, 1891-90, water loan J&JI
Camden Co., N, J.—Os, coup *
Camden City, N. J.—6s, coup *
7s, reg. and coup *
Charleston, S.C—Os, st'k,'76-98..Q-J7s, tire loan bonds, 1890....J & J7s, non-tax bonds
Chelsea, Mass.—6s, '97,water l.F&AtChicago, 111.—68, long dates J&J f
7e, sewerage, 1892-'95 J&Jt7s, water, 1890-'95 J&Jt7s, river impr., 1890-'95 J&Jt7s, l890-'95 J&JiCook Co. 78, 1880 M&N t
3I3
3
104
284040
IIII4106110100
103106
Ask. City Securities.
357
100
10089961039610397100
108109109%109% lOO'e1091-i 111110 115112 116103 104
1059193106101104100102
110111lOO'
11011299108103IO2121001-2102 12IO2I3102%9910011510214111103103103101105118118118108100105102100103109100102li:!ia10510511040
do 78, 1392 M&N 100
..J & J
Lake View Water Loan 7sLincoln Park 7sSouth Pai-k 7s, 1876-'79West Park 7s, 1890
Cincinnati, O —68, long Var. t
6s, short Var.t7-308 Var.tilOO78 Var.t, 104Southern RR. 7-30s, 1902...J&J tlioi
110100100108106100101
1009OI39012959698
do 7-308, new t
do Os, g.,1900..MAjNHamilton Co., O., 6s
do 7s, short I
do long 78 &7-30S t
Cleveland, O.—Os. long Various.30-year 5s6s, short Various
-
'7s, long V.arious i
7s, short Various t
Special 7s, 1879-'89 Yearly I
Columbia, S.C—Os. bondsColumbus, Ga.—7s, Various Var.Covington. Ky.—7.303 '
t
8a t
Dallas, Texas-8s, 190410s, 1833-90
Da.rton. O.—8s I
Detroit, Mich.—73, long Var.l7s, water, long Var.l
100188951001041021299100108104103 134002
102
82 lo
95106106109
111II2I2102110104103107103103103100101116102%nils1051051051041131211211211091a109109107104110111103IO2I2114
117527283
IIOI4toilsIO6I2109lOOiaIOOI2:102lOOifi
99999797
1081051041alOOia90
102103104100loo's1091071006067
102 H>
85100
Dist. Columbia—Consol. 3-Oos, 1924, coup. ...F&A
do regPenn. imp. Os, guar., 1891.. ..J&JPerm. imp. 7s, ISill J&J
1Washington—10-year Os, '78. .Var.Fund, loan (Coiig.) Os, g.,"92 Var.Fund. loan(Leg.)08,g., 1902 Var.
East Saginaw, Mich.—BsKlizalieth, N. J.—7s, short
s, funded, 1880-190.'i Var.s, consol., 1885-98 A&O8, 1905
Fall River, Mass.—Oe, 1904.. .F& At5s, 1 894, gold F&A t
Fltclilmrg, Mass.—Gs. '91,W.L.. J&JtFredrrickslmrg, Va.—78 M&NGalvc-^tuu, Tex.—lOs, '80-'95 ..Var,Galvest'n County.lOs. 1901.J & J
Georgetown, D.C.—See Dist. of Col.Harrlsburg, Pa.—Os, coupon. - Var.*Hartford, Ct.—City Os, various f
Capitol, untax, Os f
Hartford Town bonds, Os. untax..!Haverhill, Mass.—Os, '85-39 . . A&OtHouston, Tex.-10sGs, funded
IndianapoU8,Iud.—7-30s,'93-99.J&JJcr,sey City—
Os, water, long, 189578, do 1899-1902 J&J78, sewerage, 1373-'79 J & J78, assessment. '78-79.J & J-M& N78, improvement, 1891-'y4 Var.78, Bergen, long J & JHudson Coimty, Os A&O
do 7.S.M&S audJ&DBa.vonno City, 7s, long J&J
Lawrence, Mass.—Os, 1394. . .A& O
I
Ixnig Island Cit.v, N. Y t
Louisville, Ky.—7s, l(«ig dates. Var.t7s, short dates Var.Os, long Var. t
6s, short Var. t
Lowell, Mass.—6a, 1894 M&NtLynchburg, Va.—6s J & J8s J & J
Lynn, Mass.—Os, 1887 F&AtWat«r loan, 1894-90 J&J5s, 1882 M&Nt
Macon, Ga.—78Manchester, N. H.—5s, 1882-'85.. . t
6s, 1894Memphis, Tenu.—68, old, C...J & J6s, new, A & B J & JGs, gold, fund., 1900 M&NGs, end.,M. & C. RROs, consols J&J
Milwaukee, Wis.—58, 1891. ...J & D'/ 8, 1896-1901 Var.7a, water, 1902 J & J
Mobile, Ala.—8s J & J58 J & JGs, funded M&N
Montgomery, Ala.—New 3s ..J&JNashville, Tenn.—6s, old
Os, newNewark—08, long Var.
7s, long Var.7s, water, long Var. t
New Bedford, Mass.—Os, 1893.... t
N. Brunswick, N. J.—78 t
Newburyport, Mass.—6s, 1390 t
N. Haven, Ct.—Town, Os, Air Line...Town, 6s, war loando 6s, Town Hall
City, 7s. seweragedo 08,City Hall
New Orleans, La.— Premium bondsConsolidated Os, 1892 Var,Railroad Issues, 6s, '75 & '94. .Var.Wharf impr., 7-30s, 1880.. ..J &D
New Y'ork City—Gs, water stock, 1880 Q—Ft6s, do 1879 Q—Ft 1005s, do 1890 Q—PI 101%6s, do 1883-90 Q—F 104Os, aqueduct stock, '84-1911..Q—K 1047s, pipes and mains, 1900..M&N 1156s, reservoir bonds, 1907-'11-Q—F 1005s, Cent. Park bonds, 1898. ..Q-F 101Os, do 1895...Q—F 1007s, dock bonds, 1901 M & N 110Os, do 1905 M&N 10778, market stock, 1891-97. .M&N 1106s, improvem't stock, 1S89.M & N 1047s, do 1879-110. M A N 101Os, gold, cons, bond,-*, 1901 ..M&N:? 1126s, street Impr. stock, 1888 .M&N IO2I27s, do do '79-82.M&N 10468, gold, new consol., 1896 1077s, Westchester Co., 1891 106
Newton—6s, 1905 J&J 112%58, 1905 J&J
Norfolk,Va.—0s,reg.8tk,'78-85..J&J8s, coup., 1890-93 Var.8s, water, 1901 .M&N
Norwich, Ct.—Ss, 1907 A&OtOrange, N. J.—7s t
Oswego, N. Y.—7a I
Paterson, N. J.—7s, long VarPetersburg, Va.—Os J&J8b J&.I8s, special tax
Phllacfelphia, Pa.—Ss, reg J&J*6s, old, reg J&J6s, new, reg J&J
17105
101107%100100100105102108100IIOI4951011009797IIOI495no107110%10100101no303030305.5
96104%108
20
102108%101101107106103109101110%too ,
103100%9999110%97
30
8080103108112111%10:
109%100103100112101303432
106100100lis
108110%10270102llO'l4040
65100
202035
9090
111115112
. 104%no108105103115104323735
103103102%106107113107103107118,109'117105114113105107109107113
102%il0394 ^
109112%102%104100%10003
)18
ids"
101%108
106
108116
* Price nominal ; no late trausactions. t Purchaser aUo paya accrued intereat. ; In Londoi].
OCTOnitRSS, 1878.J THE (JHRONIOLE. 429
(JKNKIIAL QUOTATION'S OF STOCKS AND BONDS—CojrrrNUBD.Par lCxpl«»a«louB tt»« Wot«» at H«ad of VInil Paca ar QnotalloBa.
Crrr Skohhitibs.
I'lttnlmiit. •ii.—>H, coup., 1013..ip.. i!n;i.".1 roup.. irti;i JA.I
' C.&cp.,'!tH'!)H ..A&Oi|i., ii'ir. 'Hrt-sil Viu-Oh, MuulKlpul. . . Var
luiil Vftrbntli, N. H.—0», 1S9:1, KU..
fc«>ep»le. N. Y.—7ii. wulcrrr.ivttlciicc. K.I.—5»,K..ll)00-.'i.Jife.I
111. IIKK) J & .1
....MA S tlOiJ
J&J 10....J * J
i;.>.li.st,.r.N.Y.—«8, '76-1902. Var.7». Wiil.T. 1003 J A J
Kofklaml. Mf.-n«. •SiMt«).RK.F4A
Bid.
Kii lini"ud, Va.—08
tfO
80lOy'fl•71)
1 107 "a
tlOlturntllOM)•l()l|:ii|tU
111 1 1 15107
Ask.
103
101>
10<l'.i
I 'al.—Clfy l)oii(l», 08Co. boiirts, 081)8, lonjr A&0|
tio;K.lOO0202
...J&.II Hi-ii—78. «.,City A Co . . Var.ill, Ua.—78, old Var.
•«• Var.
»t. Jo.ii'lili, Mo.—7a Var.Bri.K'o 10s. 1S91 J A J
't. LoiiM.Mo.—08cur.,Jon){bil8.VBr.lis. ."hort Var.Wati r 6s, jSoM. 1887-00.. .J A Dil 101 ij
ilo do (iiinv), 1802.AAOBrlilirn npprnacli. OaRenewal, fiolil, 0.s Var,SinviT, U.S. Kold. lSt»l-'03....Vur.St. 1,. f:o.—Park, C». c..l»05.A A OCiirroiicy, 7s. lS>i7-'SS Var.!'• .i.Miiiii.— 08, •8S-'U0..J AD
"l-!»(> MAN--!)U(i Var.
'ii>, Mass.—58, 1895..AAO~^.i JAJ-<S4 AAOId, Mass.—68, 1903. .AAO '112If AAO, 1120i.Cal.—8» K.90>.—7-308, KR.,1900.M AN 197~r-S9 Var.!.'r. 1893 A'91 Var.
•YikMiiii-ton. D.C.— S«; I)i«t. of Col.WUmiuKtoii. N.C.—6s, gold, cou. on
88. eitld, eon. onWim-e.iiter, Mjuss.—«ia. 1892...AAOY»iiker.<, N. Y.—Water, 1 903
U02noo
10310487 13100103tl021105t lOOig
lOilOJ
RXII.ROAn BOKM. Bid. Ask
tll2'4110
158
201119590:9510787204480
U07'tlOS'a
•Jil
.'A
Cm1;.- .
:24:814;25;9;4
KAILKOAB BO.\DS.'Ala.Ci'nt.—l.itM.. 8s. g.. 1901. .JA.IAla.A rimtt.— lat, 88,K.,K'd.'99.JAJ
1 Ivor's eiirta. (viir. Noa.)>iia(|.— 1st M., 78, •88..,IAJ.riKa.i,'o, 7h, 1885 AAOM iii.irtKa.w, 78, 1881 MAN
Consol. inort.,78, 1906 AAOI
Aflepth. Val.—G<'n. M., 73-108. .JAJEii.1t. pxtcn. M.. 7s, 1910.. ..AAOIni^ini'. 7s, f nd., 1894 AAO
.VtoiriK\:Plke8P.— lat,6a,>,'.'95MANAtcU'n & Neh.—lst.7a, 1907.. MASAtoh.Top.AS.F.—l8t,7s,K.,'99.JAJLand pi-.iut, 78. jt., 1902 AAOCoii-.il, mort., 78, g., 1903...AAO|H03S8I.:iii I iiicoiuo, 89 JAJ t
Ailaiitir AGt. Wesitcrnlit iiHirt., 78, gold, 1902 JAJ-d mort., 78, g., 1902 MAS"1 mort.. 7s, ,^^, 1902 MAN1st luortRage trustees' cortiflc's
do do dodo do do
niiirt. BUcliotrccrts.,78, 1892rLMiiization, 7sMil L. rental, 7s. g., 1902.JAJdo do 76. g., 1903.JAJ
West. ext. certifs, S.f, 1876.JAJdo do 7a, guar. Erie
Allanli.' A Gnlf—Cons. 78, '97.JAJc.itis.il. M., 7s, end.Savl--t iiii>rtKiii;e, 73 JAJ^ ' i
1 .V- Kill., 1st M. 78, 1899. MAN\' >I. ..,t()lii„._Ciin.s.,g.l901.AAO
I iiii!. i«>!iillu)ldi'.i-3 certs..\tl.A.St. Law.—St'x 2d, 6a ,g.AAOjBald Eii'.'le Val.— 1st M.,6s,'81.JAJlialtiiiK.re A Ohio—Os. 1880. ..JAJ
-'• AAO:,5k, 1927 JAD,', 6a, 1895 M<fe8
-li;riiiiK mort., 68, g., 1902. .MASido Os, g., 1910. MANi
lit. A Pot'c-Ist, (5s. g., 1911.JAJl8t, tunnel. 6s, g., g'd. 191 1 .AAO
BeUev.A .8. 1 ll.-lst, 8.F.Ss.'96.AAOTIi-lrtdereDel.- l.st.(k),e.,1902.JAD
-'1 moi-t., 6a, 1885 MAS\ niiirt.,6a, l>iS7 FA.\Miin ,t Albany—7a, 1892-5.FAA
'"' JAJit.A F.—Ist M., 6s,'84.JAJ i*t 85
' ,7s. l889-t)0 JAJl'»85, N. Bwlford KK., 7s, 1894. ...JAJi't 99JBost Cone.A .Mou.—8. F.. 68,'89.JAJ I
• t90J
Consol. molt., 7s. 1893 AAO|ll04'Boat. Hart.A E.— lat, 78, 1900.JAJ Bo'sL l8t mort.. 78. guar JAJJBoston A I^.well—New 78, '92. AAO 11 13iaI;
do tia. 1M79 AAOl* 101,New 6s. is;i6 JAJ nojhi
t42tl5;23t2390
"98"
100t29|29
;102
'i'oiiia
•105 "a
:87J 106106107:85:88
^Boston A .Maine—78. 1893-94. JAJ308t. AN. Y. AirL.— Ist 7sfim. A I'rovideuee-78, 1893.JAJBuJ Brad.A P.—Oen. M.7s.'96.JAJ;Biiff.x.Y,A Krie-lat. 7a. 1916..IAD«Buff.N.Y.APIlll.-l8t.0a,g..'9ti.JAJJBur. C. n.A N.—lst.5s,ncw,'06.JADjBur. A Mo. R.-fVd M., 7s. 03.AAO
Conv. 8a. 189 1 aeries.
tllOVi1021110•47>a108 Hi
111.JAJ (114
Bnr.4Mo.(Nel>.)-lgtM.,!)s, OIJAJHa, conv, 1H83 JAJConsul, mint., 6a, exemptKepnl). Tiilley, lat. 6a. 1918.JAJ
Biir.ASontliw.— lat M..8s.'9.1.MAN<'alroA8t.L.— l8tM.,78, 1901.AAOCiiiroA Vine.—l8t, 7a, g., 1909.AAOCulifor. Pae.— l8t M.,7a, g.,'89 JAJ2d M.. Os, g.,end (,'. Pae.. 'H'.I.JAJ3d .M. (guar. C. P.), 6a, 1905 JAJdo do 3a, 1905.JAJ
Camden A Atl.— 1st, 78, g.,'93..JAJ117>2J 2d mint., 78, 1879 AAO100 104 ram.AHur.Co.—latM.,0s.'97.FAA111 113 Canada So.— lat M..guar.,lit08.JAJt98^:100 CaiH'Cod-7a, 1881 FAAg.28 30 1
CaroUnaCent.—lat,6s.g.,1923.JAJK ,
Carthage A Burl.—1st. 8a. '79.MA.Nl!ll>a|H2 Catawl.i.sa— lat M.,7a, 1882. .FAA
103 New mort., 7a, 1900 FAA'Cedar F. AMIn.—Ist, 7s, 1907.JAJ
65 Cedar K. A Mo.— lat. 7a, '91. ..FAA H63 1st mort., 7a, 1916 MAN45 Cent, of Ga.— 1st, cons., 7s, •93.JAJ00 Cent, of Iowa- lat M., 7s, g
C<nit. of N.J.—lat M., 78, '90..FAA101 78, eonv. 1903 MANlOj"? do us.sented
104i3!10.'i'a Conaol. M., 78, 1899 CJ—
J
101 105 do assented103's!l04ia Am. Dock A Imp. Co., 78,'86 JAJ'OS's 10412 do iv8.Hei)ted
104 L.AW.Coal, eon8.,7a,g'd,1900Ci-M105 do aa.sentcd90 Cent. Ohio— 1st M., Os, 1890.. MAS103 Central Paeitie (Cal.)—
Ist mort.. 6s, KoUl, 1S9.5-93..JAJ102%!' State Aid, 7a, g., 1884 JAJlOtl S. Joaquin. 1st M.,6s.g.l900..A&0107 Cal. A Oregon, l8t,68;g.,'8.8.JAJ »0112% Cal.AOr. C.P.bond8,6.s,g..'92JAJ t91121 Land grant M., Os, g., 1890.AAO95 West. Paeif., Ist, Oa, g., '99. .JAJ100 Charl'te Col.AA.—Coiia.,78,'95.JAJ
I 2d mort., 7a, 1910 JAJ109 Cheraw A Darl.—1st M..8s,'88.AAO
I 2d mort., 78dies. A Ohio—Ist M., 68, gold, old!
do excoup112% 2dmort..6s
Va. Cent., lat M., 68, 1880. . .JAJdo 3d M., 6.S, 1S84...JA.Ido 4th M., 8.S, 1876 ..JAJ
50 ChesUtre—6s, 1896 Jcfe.1
9 68,1880 1A.160 Chester Val.—lat M., 7s. 1872.MAN
ll'iig Chio. A Alton—Ist .M., 78, '93. .JAJ98»« Sterling mort., 6s, g., 1903..JAJ
Income, 7s. 1883 AAO97 Bda. Kiui. C. llno.tis.g., 1903.MAN108 Chic. B. A Q.—Ist, S.F.,88, '83 JAJ02 do 7s, 1896 JAJ24 Consol. mort., 78, 1903 JAJ48 Bouda, 58, 1895 JAD
58,1901 AAO108 Chic. A Can. So.—lat, 78, 1902 AAO106 Chlo. A East. III., Ist mort. 68.103<!8 do Ineome M., 78. 1907107 Chic. A Iowa—1st M., 88. 1901.JAJ
Chlo. I'a A Neh.—1st M.. 7a,'88.JAJ26 Chjc.A Mieh.L.Sh.—lat.88,'89.MAS t
.
10 latinort., Ss, 1890-'92 Var.6 Chie.Md.ASt.Paul-
27 P. D. lat mort., 8a, 1898. ..FAA11 P. D., 2d M., 7 .3-108. 1898. .FAA6 St. P. AChie., 78, g., 1902 FAJ
Mil.ASt. P., 'id M.,7a, 1884.AAOLa. C, IstM., 78. 1893 JAJ
45 I. A M., 1st M., 7s, 1897 JAJ18 I'a. A Dak., Ist M., 7s, 1899 JAJ28 Hast. ADak., l8tM.,7a. 1902.JAJ28 Chic. A Mil., lat M.,7a, 1903.JAJ92 1st mort., eonaiil.. 78, 1905..JAJ40 Ist M., I. A D. Kxt., 78, 1908JAJ101 Clilcjigo A Northwest-102 Sinking fund, IstM., 78. '85 FAA31 Interest mort., 7s, 1883 . . . .MAN31 Consol. mort., 78, 1915 Q—
F
103 Exton. mort., 78. 1885 FAAist mort., 7a, 1885 FAA
105 Consol., gold, 7s, op., 1902. .JAD108 do do reg89 Iowa Mid., Ist M., 8s, 1900.AAO108 Oal.'A Chle. ext., 1st, 78,'82.PAA108 Peninsula, Ist, conv.,78,'98.MA8100 , Chle. A Mil., Ist M., 7a, '98. .JAJ87 Mildison ext., 78, g., 1911. ..AAO90 Menominee ext., 7a, g., 1911.JAD91>s Northw. Un.,l8t,78,g.. 1915.,MA8107 Chic. A Pad.—1st M., 7s, 1903 JAJ102 Chic. Pek.A 8.W.—1st. 88,1901.FAA97 Ch'c.R.I.APac—S.F..in.,63,'95FAA119
I6s, 1917, coup JA.I
108121
68. 1917, reg JAJ90 Chii^ngo at. L. A N. O., 2d M., 6s, }
90 (*tO,000 red. an. by 111. C. 1907100 Ch.St.P.A M'polis.l8t,68.g.'18.MAN93 Land M., inc., lis, g., 1918..MAN104'4 Chic.AS.W.—l.at,78,guar..'90.MAN30% Cin. A Iiidiamv— Ist .M.. 78, '92.JAD32 2d mort.. 78. 1882-87 JAJ114 Cln.ASp.-78, C.C.C.A 1. 1901.AAOlOm do guar., L.S.A.M.rt., 1901AAO104 CIn.Laf.iCh.— lat. 78.g.. 1901.MA8117 ;Cin. Ham.A D.— Ist M., 78,'80..MAN103>s 2d mort.. 7s, 1885 JAJ117 I Consol. mort., 7a. 1905 AAO55 I Cin. H. A I.. 1st M., 78, 1903.JAJ110 llCin.Rich. ACUic.— Ist, 78, '95.JAJ
I
Cin. Rich. A F.W.— 1st. 78. g...JAD701* Cin. Sand'ky A CI.—68, 1900..FAAlllW 78. 1887 extondod MAS120 II Consol. mort.. 7s. 1890 JAD
Raii.koau noWM.IBM. Aak.
I»r. fvii. C. A r — l«t. 7s. •»» MAM 110% 111%Conmil. nior- - f- I---' 87<i. ..
"l
11010310173'h
103 <j
33lOlHl
CoiBi'llef. A I
<1ev.AM. V;.;M. F. 2d hiiiri .. , «. i *^ , i,
(•lev. A Pllts.--lthM.,aa, 189-.'
Consol. 8. K., 7s. imio .. '
Clov.Mt.V.ADol.- t • - -1 i.v.i
Colniiiliiia ext., 7 1
<'<iloradoCeiit.— Is:. .SMI)Col.Chli-.A Ind.Cent
113%
10610095
111819tl08l,
1st mort., 7», 1908 AAO2d mort., 7s, 1800 FAAChle. A <Jt. East., 1st. 7s,'03-'ft5Col.A Ind. <;.. 1st M.,7s, 1<.hM.JAJ
do 2d M.. 7s, 190I..MANUn.A I/>ganap.,lnt,7a, llN)5.AAOT. I/ogansp. A B.. 7s. 1884 .FAACin. A Clilc. A. L., 18S6'90
KHih Ind. Cent., -ill .M., lOa, IM82 JAJ »9Col.A lloek.V.—IstM., 7s.'97.AAO I10:i>fIstM., 7s, 1880 JAJ »»9•2dM.. 7s. 181>2 JAJ 190
Col. A Tolejlo— 1st mort. bonds fOO<.'ol.Sprlngf.AC.—lst.78,llKU.MA8Col. A Xenia— Ist M.. 7a,1890.MA8Conn. A l'assunip.-M.,7s.'ll3.AAOMassiiwlppi. g., 6s, gold, '89 JAJ
Conn. Val.— lat M., 78, 1901. ..JAJ68I3 Conn. West.- 1st M., 7s, 1900.JAJ60
,Connecting (Philn.)—1st, Os ..MASCimiherl. Val.— 1 St M.,8s.l OOl.AAOjDaknta .Southern—7a. gold.'Kl.FAA t
panh'y A Norwalk—7b, '80-92. -JAJ|Dau. Ur. Rl. vV P.— 1st, 7s. g...AAOl)ayton A Mleh.— Ist M..78, '81.JAJ
•2d mort., 7.S, 1887 MA»3d mort., 78, 1888 AAO
Dayt. A West.- lat M.,6s, I905.JAJlat mort., 7a, 1905 JAjf
Delaware—Mort., 6s,giiar..'95.JAJ *104Del.A Bound B'k- lat, 7s.l!t05FAA 98Del. Laik.A \Y.—-M .M..78,'81..MA8 1034Convertible 7a, 1892 JAD 10:jMort. 7a, 1907 MA8 103
Denver Pae.— 1st M.,7s, g.,'99..MA N 34 "aDcn.ARloO.—lst,7a.g.,190O..MAN 82Des M. A Ft. D.— lat. Os, 1901.JAJ 1102Detroit A Bay C.—lat,8a.l902..MAN '36
Ist M.. Ss, end. M. (;.. 1902. MAN "180Det. L. ANorth.— lat.7a,1907.AA() tl02Dcfr. A.Milw.—1st M., 7s, '75.MAN ;452d mort., Ss, 1875 MANi :45Det.A Poutiae, 1st M., 78. '78.JA.I] 85
lOOifl _ do 3d M., 8a. 1886.FAAI 70
106
108 >4
IO6I3111
107i«11981%r98i811921a
106
B5
108
iaii*
Di.xon Peo.A II.— lat.8.s,"7l-89.JA.IDubiKiucA Sioux C— lat,78.'83.JAJ
1st miirt., 2dDiv., 1894 JAJ
MOU105106
U2<%
"55"
109<^ 109<^109%
82>s!
"ea
"is
101 >i06
46"
as'
Dunk.A.V.A P.—lst,7a,g..l900JAD 102East Penn.— 1st M.,7a. 1888.. MA.H I02iaE.Tonii. Va.A Oa.—Ist. 7a,1900.JAJ 100i«E. Tenn. A Ga., lat, 6s.'80.86.JAJ 90E.Tenn.A Va.,end.,68. 1886.MAN 90
Eastern. Mn.3s.—3'as. g.,1906. M.te* t70Sterling debs.. Oa. g., 1906. .MA.S 177
Elmlni& W'msiiort— Ist, 78,'80.JA.l 10358, periH'tnal .\A0 *55
Erie- (.See N. Y^. Lake E. A West.)Erie A Pittsb.— 1st M.. 78. '82.JAJ 99Cons, mort., 7a, 1898 JAJ 84
100 Equipment, 7a. 1890 AAOlOia Europ'n A N.Am.— lat. 6i. '89.JAJ
I B.augor A Pi.se. 6vfe78,'99...AAO1191s' Evauav. A Crawf.— lat, 7a, '87.JAJ 101105%' Evansv.T.H.AChi.- 1st. 78, g.MAN 48
FlintAPere.M.—lst.l.g.8.s,'88.MAN *84Con.s.S. F., 83, 190'2 MAN •
1081s! Flint A Hollv, lat, 10s, '88. .MAN 60Bay C.A E. Sag.- 1st, 10s„82.JAJ 90Holly W. A M.—Ist. 8s. I901.JAJ 60
Floreueo A El Dorado— lat, 7a 97Flushing A N. S.—Ist, 7. '89. .MAN•2rtmort.,78 MANCent. L.I., 1st. 7s, 1902 MAS *
Cent, exten., 7s. 1903 MANFt. W. Jack. AS.—Ist. 8s, '89..JJJ •
Ft.W. Mun.AC—lat. 7s, g..'89.AAO •
Fram'gham A Lowell—lat. 7a. 1891 130do (notes), Ss. 1883 5
Gal.Har.A 8.A.—l8t,6s,g.l910.FAA 82Qal.Hou3.AU.—lat,7a.g..l902.JAJ 72i«
Georgia—7s, 1876-96 JAJ 1086a 102
Gr.Riip. A Ind.— 1st, l.g., g'd. 7s, g. 93lat M.,7s. l.g.. gold.not guar.AAO 85Ex laud grant, Ist 78, '99 50
Greeny. A Col.—1st M., 7s, "guar."Bonds, giuir 33
Hack's'kAN.Y. E.—lst,7s,'90.MAN 7Haunlbal A Nap.—Ist. 7s. '88.MANHan. A St. Jo.- Conv. 8a. 1885.MAS 99Qulnev A Pal.. Ist.Sa. 1892.FAA 45K.ins. C. A Cam., Ist, 10a.'02.JAJ » 104
HarLA PortehesU-r— lat M,7s,.AAO 105Harrisb. P. Mt. J.A U—l8t. «s. .JAJ • 105Honsatonlc— 1st M.. 7s, 1893.F4A 10368,1889 JAJ 100
Hoiuton A Tex. C—1st. 7s, g., '91 . . 93West-Dlv., lst.78, g.. 1891..JAJ 89WtteoAN.W..l8t,7s,g.,l903.JAJ 84Cons. mort.. 8a. 1912 AAO 70
Hunt. A Br. Top-lat. 7s, '0O..AAO '1072d mort.. 7a, g.. 1893 KAA M03Cona. 3d M. 78, 1893 AAO 83
niiuoia Centraf—1st mort. Chle.ASpringf.'OS JAJ :103Sterling. 8. F.. .'.a. g.. l'.M>3..AAO ;»7Sterling, gen. M.,6s,g., 189.VAAO :106
do 5a, l!>05 JAD 198ru. Grand Tr.-lat M., 8», MJO.AAO lll%iInd'lis Bl. A W.-l St, 78, g.,'09.AAO 242d mort.. 8s. 1890 JAJ 3Extona'n Ist M.,7«.«.. 1912.JAJ 538
SO90
100
102
9370%82107
8778
105.53
9030
971485
7020847511010396 >4
87
9037
7099 >«
10711010810«1020387%87%72%111104%3t
lOS90108100112%35A7
'Price nominal; no late traosaotlons. I The porobaser also pujrs aoonied Interest. t In I^iuioo- V In Amsterdam.
430 THE (jhronicle;IVol. XXVII.
GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued.For Explanations See Notes at Head of First Page of ^notations.
Eailkoad Bonds.
(Ind'polis Cin.& L. -l8t, 78, '97.F&A3d mort,.,79, 1899 J&D
' Ind'apolls&Cm.,l8t,78,'88.A&0Ind'polis & St. L.—lst,78,1919.Var.
-, 2d mort., 7s, 1900 A&OInd'apoll8& Vln.—l8t, 78,1908.F&A2d mort., 68, g., guar., 1900.M&N
Intern! &Gt.No.—Int. l8t, 78.A&OH. & Qt. No., Ist, 78,p., witli certs.
, Conv. 8s, 1892 F&AIonia & Lcinslng—1st 8s, '89. . .J&J
. I'a Falls & SiouxC—1st, 7s,'99A&0Itbaca & Athens.—Istni., 78,g.J<feJJackson Lansing & Saginaw—l8t M., 8s,'85, "white l)onds"J&JNorth Exten., 88, 1890 M&NConsol. mort.. 88, 1891 M&8
Jamest.& Frankl.—Ist, 7s, '97.J&J2d mort., 78, 1894 J&D
Jefferson—Hawl'y Br. 78, '87..J&JIst mort., 7s. 1889 J&J
Jeff. Mad.& Ind.—1st, 7s,1906.A&O2d mort., 78, 1910 J&JInd'polis & Mad., Ist, 7s,'81.M&N
Joliet & Chic—l8t M., Ss, '82. .J&J' Joliet & N. Ind., 1st, 78 (guar. M.C.)Junction KE. (Phil.)—l8t,6s,'82 J&J2d mort., 6a, 1900 A&O
Kalamazoo A1.& Gr. K.- 1st, 8s.J&JKal.& Schoolcraft—1st, 83, '87.J&JKal.& Wh. Pigeon—Ist, 7s, '90. .J&JKans. C. St. Jo. & C. B.—l8tM.,C. B. &St. Jos.,7s,'80.J&J
, K.C.St.Jos.&C.B., M. 78,1907..T&Jdo Inc. bds,rg.,6s,1907.A&0
Kans.C. & S. Fe.—Ist, 10S.90.M&N. K.C.Topeka&W.—Ist M.,78,g.,.J&J
Income 78 A&OKansas Pacific-
, 1st mort., 68, gold, 1895 F&AWith coupon certificates
Ist mort., 6s, g., 1896 J&DWith coupon certiflcates
l8t mort., 1. gr., 7s, g..l899.M&NWith coupon certiflcates
^ Landlstmort., 7s, g.,1880..J&J^ Witli coupon certiflcates
Liand 2d mort., 7s. gWith coupon certiflcates
Leav. Branch, 78, 1896 M&NWith coupon certiflcates
Income hds. No. 1 1, 78, 1916.M&8do No. 16,7s, 1916.M&S
K60lmlc& Des M.—lst.78,1904.A&OFunded interest, 8s, 1884. . .A&O
Keolcuk & St. P.—1st, 88, '79. .A&OLa,t. B1.& Miss.—1st, 7s, g.,'91.F&ALaf.Miinc.&Bl.—lst,7s,g.l901F&ALake Shore & Mich. So.—M. So.& N.I., S.F.,lst, 7s,'8.5.M&NCleve. & Tol., 1st M.,78, '85..J&J
do 2d M., 7s, 1886.A&0CI. P. & Ash.. 2d M., 78, '80. .J&J
do 3dM.,7s, 1892.A&0Bufl.& E., now bds, M.,7s,'98.A&0Buff. & State L., 7s, 1882....J&JDct. Mon. & Tol.. Ist, 7s, 1906. .
.
Lake Sli. Div. bonds, 1899..A&OL.S.&M. S.,cou.s..cp.,lst,7s.J&Jdo con3.,rcg.,l.st,7a,1900.Q—
J
do cons., cp., 2d.7s, 1903..J&Ddo cons., reg.,2d, 78,1903.J&D
Lawrence-Ist mort., 7s,1895.F&ALeav. Law. & G.—1st, 10s, '99.J&JSouth. Kans., Ist M., Hs, 1892. .
Lehigh & Lack.— lat 3I.,7s, '97.F&ALehigh Val.—Ist M., Gs, 1898. .I&D2d mort., 78, 1910 M&SGen. M., s. (., 6». g., 1923....J&DDelano Ld Co. lids, end.,7s.'92J&J
Lewi.sb. & Spruce Cr.—Ist, 7s-M&NLittle Miami—iBt M., 6s,18S3.M&NL.Eock&Ft.S.—lst,l.gr.,7s'95..I&JLittle Schuylkill—1st, 7a, '77.A&OLong Island—1st M., 78, 1898.M&NNewtown & Fl., 7s, 1903 ...M&NN. Y. & Eoekaway, 78, 1901.A&OSmitht'n &Pt. Jett'., 78, 1901.M&S
Louis'a & Mo.B.—1st, 78, 1900F&ALou'v.C.& Lex.—lst,78,'97 J&J(«»x)2d mort, 7s, 1907. A&O
Louisville & Nashville—Consol. let mort., 7s, 1898..A&O2d mort., 78, g., 1883 M&NLoul8viUo loan, 6s, '86-'87..A&0Leb. Br. ext., 7s, '80-'8«Leb. Br. Louiiv. I'n, 68, '93. .A&OMera.& 0.,stl., M.,7s, g.,1901J&DM.&CIarksv.,8t'g,68,g.,1902 F&A
L. Paducah & S.W;—8s, 1890..M&SMacon & Aug.—2d, end.,7s,'79.J&JMaine Cent.—Mort. 78, 1898. ..J&JExten. bonds, 68, g., 1900.. .A&OCons. 78,1912 A&OAndroscog. & Ken., 6s, 1891.F&ALeeds & Farm'gt'n, 6s, 1901.J&JPortl'd & Ken., 1st, 6s, '83..A&O
do Cons. M., 68, '95.A&0Mansf. & Fr'ham.—Ist, 7s,'S9..J&JMarietta & Cinn.— 1st, 7s, '91.F&ASterling, 1st M., 7s, g., 1891.F&A2d mort., 7s, 1896 M&N3d mort., 8s, 1890 J&JScioto & Hock. Val., 1st, 7s..M&NBait. Short L., let, 7s, 1900..J&JCin. & Bait., l8t, 7s, 1900. ...J&J
Marietta P. & Clev.—Ist, 7s, g., '95Consol. 7s J&D
Marq'tte Ho. & O.—lst.8s,'92.F&AMar. & O., M., 8«, 1892 J&DHoughton & O., 1st, 8s. '91. ..J&J
Mass. Central—1st, 78, 1893. ...
Bid.
6048
95 9758 6414 2084 9065 706II2 63^261 62
20162 no199% 100
tlOlis 102HOI . 102192% 93
7583
tid6?i 10789J2 90100 1001210796 100
*102»10299 10186
100
197ifl 100186 8730 3535 45
fl07i2 10899 101
110102 104 ifl
110100 10286 9471 738078 82
3015
38 401514 1573 7680
H00J2 101* 50
50
llOifi 112llOifi 1111^
110103110 111110103108% 108%110 inII312lllHi105
105 14
33 37
111% 1121i3114 117101 lOlifi
106'" iboigM45 55*103101 103
* 8080
100 100 14il04% 105
IO4I2 10590 9198 99100 100 12981-2 99 12
;104 106t94 961fl6l296 100
1106 108f88 90(93 95
tioo 101f94 96
tioo 101tioo 10185 9580 8582% 8327 'Mh,12 1387 05
80 9045
•25 35*103'35*2o
Ask. Eailro.vd Bonds.
Memp. & Charl'n—Ist, 7s,'80.M&N2dmort., 78, 1885... J&J
Mem. &L. Eock—1st, 7sMich. Cen.—let M., 83, 1882..A&O
Con-sol., 7s, 1902 M&N1st M. Air Line, 8s, 1890. . . .J&J.1st do 88, guar M&NEquipment bonds, 8s, '83.. .A&OGd. Eiv. v., 1st Ss, guar.,'86.J&J
do 2dmort.,8s,1879.M&SKalamazoo&S.H.,lRt,8s,'90.M&N
Mich. L. Shore -let M., 8.s, '89.J&JMil. & North.—1st, 8s, 1901... J&DMinn. & St. L., let m., 1927...J&D
do guaranteedMiss. Cen.—1st M., 7s, '74-84.M&N2d mort., 88,1886 F&A
do Ex coupMiss.&Tenn.-1st M., 88, series "A"
do 88, 8eries"B"Mo. F. Scott & G.—let., 10s, '99.J&J2d mort., lOs. 1890 A&O
Mo. Kansas & Texas-let mort., 78, gold, 1904-6.. F&A1st, 6s, g., 1899. (U. P. S. Br.)J&J2d mort., income, 1911 A&OHan. & C. Mo., Ist 7s, g.,'90.M&N
do 2d, 1892.... M&NMissouri Pac—l8tM.,6s,g.,'88.F&A2d mort., 7s, 1891 J&JCar. B., Ist mort., 6s, g. '93..A&0Income, 7s M&SDepot mort. bonds, 1892. . . .M&N
Mob.&Ohio—l8t,6ter.8s,g. '83.M&NEx. certit., stcr., 6s, 1883.. M&NInterest 8s, 1883 M&N2d mort., 8s, var March
Montclair & G. L.—Ist 7s, (new) . .
.
2d mort., 7s (old mort Ists)Mont.&Euf.—lst,end.88,^..'86M&SMonticello&Pt.J.—l8t.7s,g.'90(5—
J
Morris &Ee8ex—1st, 7s, 1914.M&N2d mort, 7s, 1891 F&.\Con.struction, 7s, 1889 F&ABonds, 1900 J&JGeneral mort., 78, 1901 A&OConsol. mort., 78, 1915 J&D
Nash.Chat.&St.L.—lst,7s,1913 J&J1st, Tenn. & Pac, 63, 1917. . .J&J1st, McM. M. W.&A.,6s,1917.J&J
Nashv.&Decat'r.—l8t,78,1900.J&JNashua & Low.—6s, g., 1893.F&ANebraeka—let, 7e, end. B.& M. Neb.Newark & N. Y.—1st, 7s, 1887.J&JNow'kS'set&S.—Ist, 73, g.,'89.M&NN.Haven&Derby, 1st M., 78,'98.VarN. H. & N'th'ton—lstM.,7s,'99.J&JConv. 6e, 1882 A&O
N. J. Midl'd—Ist M., 78, g.,'95.F&A2d mort., 7s, 1881 F&A
N. J. Southern—1st M., 78, '89.M&NN'burgh&N.Y.—let M. 78.1888.J&JN. Lon.&North.—1st M.,68,'85.M&82d mort., 78, 1892 J&D
N.O.Jack.&Gt.N.—lstM.,8s'86.J&J2d mort., 8s. 1890, certifs ..A&O2d mort. debt A&O
N.O.Mob.&Chatt.—lst,8s,1915.J&JN.Y.Bost.&M'nt.-lst,78,g.,'S9P&AN.Y. & Can.-£ M.. 6s, g., 1904.M&NNew York Cent. & Hud.—Mort., 78, coup., 1903 J&JMort., 78, reg., 1903 J&JSubscription, 6s, 1883 M&NSterlingmort., 68, g., 1903...J&JN. Y.-C., preiniuni, 6s, 1883.M&N
do 6s, 1887 J&Ddo reale.et., 6s, 18S3..M&N
Ilud. E.. 2d M., 7s., 1835....J&DN. Y. Elevated.—1st M., 1906.J&JN.Y'.&Harlem-7s,eoup.,1900.M&N
7s, reg., 1900 M&NN. Y. Lake Erie & West. (Erie)—1st mort., 7a,1897,extendedM&N2d mort., 7s, 1879 M&S3d mort., 7e, 1883 M&S4th mort., 78, 1880 A&O5th mort., 78, 1888 J&DSterling, 6s, gold, 1875 M&S1st cons. M.. 7s, gold, 1920. M&S
do do ex certifsdo do etfs. 6 cps., 78.M&S
2dC(ms.M., 78, gold, 18»4do certiflcates, 78
Conv., 7s, gold, 1904do do certifloates
.
Long Dock mort., 78, 1893. .J&DN.Y.&Os.Mid.—1st M.,?3,g, '94.J&JBeceiver's certifs. (labor)
do do (other)N Y.Prov.&B'n—Gen.7s,1899.J&JNorf'k&Pctcrsb.—lstM.,8s,'77.J&J1st mort., 7s, 1877 J&J2d mort., 8s, 1893 J&J
North Carolina—M., 8s, 1878.M&NNorth Missouri—Ist M., 1895..J&JNorth Penn.—1st M., 6s, 1885.J&J2d mort., 7s, 1896 M&NGen. mort., 7s, 1903 J&J
Northeastern-1st M., 8s, '99..M&S2d mort., 8s, 1899 M&S
Northern Cen.—2d M., 6s, 1885.J&J3d mort., 6s. 1900 A&OCon. mort., 6s, g., coup., 1900.J&J68, g., reg., 1900 A&OMort. bonds., 58. 1926 J&JCon. mort, stg. 6s, g., 1904...J&J
Northern Cent'l Mich.—let, 7sNorthern. N.J.—l.st M.,63, '88.J&JNorw'h&Worc'r-let M.. 6s.'97.J&JOgd'nsb'g&L.Cb.—l8tM.6e,'98,J&J
S. F., 88,1890 M&S
Bid.
10175
109113%
199
8710010284
108808012
421148
103%98>2
63634515323
119
80
90100 139OI28699
1 10414102
Ask.
10380
II41310590
100
102
8611082
15
42%
IOI219212
104IOOI4
6560502040G
1201071a858699
ib'iis
89IOOI4IO412105
90 95
22I32
2260
255
28
108 1101019938
93
12012014
115I
10712'
96*32
II914119I04I2tll310610610412lioise87i£
I2II41211a
115%103105 lOoiaIO214107107100!80;91
SS^e'
;62-
;60llOij
52720
104 la
10095105104''e
il5"IO6I410288
10610193 12924083
92106tioo1 102 la
1091a1091028293
63
61111 la
3425
id(3"
ido'
110105
117"
1061a
Eailroad Bonds. Bid.
1071a10394945085
108IOOI4103
Ohio&Miee.—Cons. 8. F. 76, '98.J&JCons, mort., 78, '98 J&J2d mort., 7s, 1911 A&O
Oil Creek—1st M., 78, 1882. ..A&OOld Colony—68, 1897 F&A
68, 1895 ; J&D7s, 1895 M&S
Omaha&N.W.—let, 1. g., 7.3. g.J&JOmaha & S.W.—letM..88,1896.J&DOrange& Alex.—1st M.,6s,'73.M&N2d mort., 63, 1875 J&J3d mort., 89, 1873 M&N4th mort., 88, 1880 M&SOr. Alex.& M., 1st M., 7s. '82.J&J
Oregon & Cal. 1st M. 7s, 1890.A&OFrankfort Com. Eec'ts, x coup..
.
Osw.&Eome—let M., 7s, 1915.M&NOsw. & Syracuse—Ist, 7s, '80.M&NOtt. Osw. & FoxE.-M., 8s, '90.J&JPanama—Sterl'g M., 7e, g. '97.A&0Paris & Danville—Ist M., 79 .1903.Paris&Dec'fr—l3tM.,7s,g.,'92.J&JPekinL.&Dec.—l8tM.,7s,1900.F&APennsylvania—1st M., 6s, 'SO. .J&JGeneral mort, 6s, coup.,1910 Q—
J
do 6s, reg., 1910.A&0Cons, mort., 63, reg., 1905. .Q—M
do 6s, coup., 1905..J&DNavy Yard, 6s, reg., 1881 . . .J&J
Penn.&N.Y.—lst.7s,'96&1906.J&DPeoria Pekin & J.—let, 7e, '94.J&JPeoria&E'kl.—let,7s,g.,1000.F&APerlciomen—let M., 68, 1897. .A&O
C. M.,guar.,P.&.E.,0g..l913.J&DEx fd. cp8.,Dec.,'77,to J'e,'80,inc.Scrip ies. for f'd coup'ns,'77 to '80
Petersburg—1st M., 8s, '79-'98.J&J2d mort., 8s, 1902 J&J
Phil. & Erie—let M., 6s, 1881.A&02d mort., 78, 1888 J&J2d mort., guar., 68, g., 1920.J&J
Phila.& Eoading—1st M.,6s,'80J&JIst mort., 7s, 1893 A&ODebenture, 1893 J&JMort., 7e, coup., 1911 J&DGold mort., 6s, 1911 J&DImprovement mort., 69, 1897 .
New convertilile, 7s, 1893...J&JG. 3.f.,$&£,6s,g.,1908,xcp8.J&JScrip for 6 deferted ^ coupons .
.
Coal & I., guar. M., 7s, '92.. M&SPhil.Wil.&Balt.—69, '92-1900.A&OPitts.C.&St.L.—l8tM.,7s,1900.F&A2d mort, 7s, 1913 A&O
Pittsb.&Con'llsv.-lstM.78,'98.J&JSterling cons. M., 63, g., guar.J&J
Pitt8.Ft.W.&C.-lstM.,78,1912.J&J2d mort, 7s, 1912 J&J3d mort., 7s, 1912 A&OEquipment, 89, '84, all paid.M&S
Pitts. Titusv.& B.—New 7s,'96F&APort Hur.&L.M.—lst,7s,g.,'99 M&NPortl'nd&Ogb'g-lst6e,g.,1900J&JVt. div., Ist M., 6s, g.,1891..M&N
Portl.&Eoch.—letM.,7s,1887.A&0Pueblo & Ark. V.—1st, 7s, g., 1903.Quiucy&Wars'w-l8tM.,8e,'90.J&JEen.&S'toga—l.st7e,1921 eou.M&N1st 7s, 1921, reg
Eich'd&Dan.—C.M.,6s,'78-90.M&NGeneral mort., 69, goldPiedmont Br., 8s, 1888 A&O
Eloh. Fred. & Potomac—6s, 1875. .
.
Mint, 7s. 1881-90 J&JEich. & Petersb., 8s,'80-'86...A&ONew mort, 78, 1015 M&N
EomeWat'n&O.—S.F.,7s,1891.J&D2d mort, 7s, 1892 .T&JConsol. mort., 7s, 1904 A&O
Eutlaud—1st M., 89, 1902. ...M&NEiiuipraent, 8s, 1880 M&SEquipment, 7s, 1880 M&N
3ag.Val.& St.r^ouis—let M. 88,M&NSauduskyM.&N.-lst, 79,1902.J&JSavannah&Chas.—lstM.,78,'89J&JChas.&Sav., guar., '6s, 1877.M&S
Sliam.V.il.& P.—1st 7s. g.,1901.I&JShebovg'u& F-du-L.-l8t7s,'84J&DShore L., Conn.—Ist M.,7s.'80.M&SSiou.xC.&St.P.—l8tM.,8s,1901M&NSioux C. & Pac, 1st M., 6a, '98.J&JSo.&N.Ala.—1st,8s,g.,end.'90..J&JSterUng mort, 6s, g M&N
So. Carolina—1st M.,7s,'a2--88.J&J1st, .eterl. mort, 53,g.,'82-'88.J&JBds,7s,'02,2d M.,under 2100A&OBd8.,7s,non. mort..high Nos.A&O
South Side, L.T.—l8t7,1887...M&Sdo 8. F., 2d, 7s,1900.M&N
Sonth Side, Va.—1st, 89,'84-'»0.J&J2d mort., 68, 1 884-'90 J&J3dinort, 6s. 1886-'yO J&J
.So. Cen. (N.Y.)—Ist7s, 1899. .F&A2d mort. 7s, gold. 1882, guar.. ..
So. Minnes'ta—letM., 76 (pink)J&J1st mort. 78, 1888 J&J
So.Pac,Cal.—lst,68,g.,1905-6.J&JSouthwe8tern(Ga.)—Conv.,7s,18S6Steubenv.&Ind.—l8tM.,6s,'84.Var.Str,.Alt&T.H.—let M., 7s, '94.J&J2d mort., pref., 79. 1894 .... F&A2d income, 7s, 1894 M&N
StL.&IronM't—Ist M., 7s, '92.)-&A2d mort, 78, g., 1,S97 M&NCons, mort, 7s, g., 1914 A&OArk. Br. 1. gr., M., 78, g., •97.J&DCairo Ark. & T.,l8t,78,g.,'97.J&DCairo & Ful., l8t,l.g.,7e,g..'91.J&J
StL.K.C.&N.2d(r'l e8t.),78,'95 M&SSt L.& 8.E.—Con. M.,7s. g.,'94M&N1st cone., 73, g., 1902 F&AEvansv. H. &N.,lst7e, 1897. J&J
1021026974
tlO.5%tl0o%tll312
1139076351244;35;2986
10214!10212 I
76106106114251140478402045403193
111,'110
tl5
105108 141079612961a100115•20
J58:789820100103:8610412108 12
IOII2
;825055;78
'ids'
"93
19312111614
106305
10
I idd'1111%11511578
978595
102
' 87'
4030160
530*95
;9385
20
10076126630
859893 13
102*931076525
105 12
70
70457384I3
233
*40
Ask.
112
25
IO5I9109108971a97
120402071
628210030
10310488
105110
103 14
846557
SI'SI
95
ii7
'
1111210s301410 1
25 :
55101II2I3
80
99"
90
32
4030
85104010025
9586
9230
40
90
9510595109
261a I
74
W355
* Price nominal ; no late transactions. f The purchaser also pays aoorued interest.tIn London. U In Amsterdam.
OCTOBBR 20, 1878.J THE CHRONICLE. 431
GENERAL QUOTATIONS OF SrOCICS AND BONDS—Co.yrr.vuBD.
For Bxplanationa See Notes at Head of First Pase of <laotatl«na.
RAILROAD Bonds. Bta.
«ri81130
11911aI
1007465100100885816
1021)1;io8iiiolOSij10314111106H105100:io935785895902620
tl03U07till11
I3
25353090100
BtL. Ji«>k»'v.AC.-l«t,7s, 04.AAO UUhStL.A8ftnF.-2dM.,diu«A,'00MAN 508d M., cloRH B. li>06 MAN 26do cImhC, 1906 MAN 23
Soulli Piu-lllc.-lHt M, 1888 .J&J 858t.L.Viiml.*T.lI.-I«tM.,78,'97.JiJ -09
2(1, -K. kMiur.,'9S MAN 70St. I'aiil A Puo.— l8t BOO., 78...J&U2d«eo.,78 MANCoim.. "8 JADBoml8i>f 1869, 7b MANSt. VIneout A B.. 7» JAJdo Kfcclvora' ccrtfs.j, 108, JAJ
Summit «r,—l8t, 78, 1903 JAJSniiliiirv.VKrli'— l8tM.,78,'77.A&08UI1I). li .^ WllUcsb. lst,5«,'28,MAN8iis|>. H..V KrlrJune—l8t M.,7aByT-Bi"i-'*^V.—con8ol.79,'O0A<S:OTcrrc II. i: Ind.—Ist M., 7»,'79.AAOTexns A: PrtC— lat, 6». k.1905 MASConsol. njort.,C8, poUl, 1905. JADInc. and land gv.. rog., 1915. July
Tol.Ci>n.8.Al)-t.—l8t,7H,R.190GJ&JTol.P.&W.—l8tM.,E.D..7«,'94.JADl8t niort., W. D., 78, 1896...FAA2dmort., W D., 78, 1880. ...AAOBurl. Ulv., l8t, 78, 1901 JADdo Cons. M., 78, 1910..MAN
Puich. Com. Kec't l8t M., E. D. . . 94iado l8t mort, W. D..do BurlinKton D
l8t pref . inc. for 2d mortdo fcrcons'd
United Co'8N.J.—Con8.,68,'94.AAOSterUng mort., 68, 1894 MAS
do 68,1901 MASCam. A Amb., 68, 1883 FAA
do 68,1889 JADdo mort., 6s, 'HO.M&N
UnionPac.—lstM.,0s,K.'9U-'99.J&JLand Grant. 78, 1887-9 A&OSink. F., 88, 1894 MASOm. Bridge, 8terl. 88, g., '96.AAO
Union A Tltusv.— l8t, 78, 1890,JAJUtali Con.—l8tM., 6s, g.,1890.JAJUtah Sonthem—l8t 78, 1891Vtlca A Bl'k R.—l8t M., 78, '78.JAJMort., 78, 1891 JAJ
Verm't A Can.—New M., 88Mi38is,squol, 78, 1891 JAJ
Venu'tA Mass.—l8t M.,68, '83.JAJConv. 79, 1879 JAJdo 78,1885 JAJ
Vermont Con.—Ist M.,78,'86.MAN2dmort., 7s, 1891 JADStanstead S. A C, 78, 1887..JAJ
Vick.A.Mer.—l8tM.,end.,78,'90.JAJ• 2d mort, end., 78, 1890 JAJVlrginiaATenn.—M., 88, 1884..JAJ3d mort.. 88. 1900 JAJ
Wabash—Ist mort., 78, 1890. .FAAdo do ox coup2d mort., 78, 1878 MAN
do ext., ex coup.. 1893Equipment, 79, 1883 MANCons, mort., 78, 1907 Q-F
do do ex coup...Ist, St. L. dlT., 7s, 1896 FAA 100
do do ex mat. coup. 81Gt. West., 111., l8t, 78, '88... FAA
do do ex coup.FAAdo 2d, 78, '93....MANdo do ox coup
Q'ncy ATol., Ist, 7s, 1890..SIANdo do ex coup—
111. A 8. la., 1st, 78, '82 FAAdo do e.\ coup
Warren (N.J.)—2d M., 78, 1900. ..
WarreuAFr'kln—l8tM.,78,'90.FAAWcstch'rA Phil.- Gon8.,78,'91.AAOjWesfn Ala.—1st M., 88, '88. . .AAO2d mort., 89, guar., '90 AAO
West. Md.—End., Ist, 68,90...JA.I1st mort., 6s, 1890 JAJEnd., 2d mort., 68, 1890 JAJ2d mort.. pref., 6s, 1895 JAJ2d, end. Wash. Co., 6s, 1890.JAJ3d, end., 69, 1900 JAJ
WesfnPenn.-l8t M., 68. '93..AAOPitts. Br., l8t M., OS, '90 JAJ
West. Union RR.—l8tM.,7s,'96F&
A
W. Jersey—Deljcnt. 6,s, 1883..MAS1st mort., 68, 1896 JAJConsol. mort., 7s. 1890 AAO
Wichiti>Ab.W.-lst.7s.K..Buar..l902Wil.A Weldon—S. F., 78, g., '9ti.JAJWil.Col.AAug.—l8tM.,78, 1900.JADWinonaASt.Pet.—lstM.,78,'87-JAJ2d mort., 78, 1907 MANEx., 1. g., mort., 79. g., 1916..JAD
Wisconsin Cent.—1st, 78, 1901 .JAJWorc'r A NashuK—78, '93-'95
. .Var.Nash. A Roch., guar., 68, '94.AAORAILROAD STOCKS. p„r
Albany A Susqueh., Guar., 7. . . 100Alleghenv Valley 50Atchison Tupcka A Santa Fe..l00Atlantic A Gulf 100
do Guar., 7 100Atl. A St. Law., lca,scd, 6, £..Augusta A Savannah, leasedBaltimore A Ohio 100
do Pref.,6 100do 2d, uref
Washington Brandl 100Parki-rshurg Branch 100
Boston A Albany 100Best. Clint. Fitchb. A New Bed.lOOBest. Con. A Montreal 100
do Pref., 6... 100 70Boston A Lowell 500 76I4Boston A Maine 100 xl06
IO2I388715
5040
lOlTg8471737310076
7411310510410510110565
103 "a
103'80
78*821001061987g9820
1021a88
11931a35
tl0618718
Ask,
861a10475
9570
101 14102
96
108110112105
IIII4100i«
IO518lOOie111458062
2510410811213327454093103
7118105243
Railroad Stocks.
83 ,
162 h:
71^
83
110106 !
106108 ij
10214108 >«
68 i
108:
112 ;
90 1
8382 I
84 :
109 i
11099 1
100i
25!
919318
80
lOOiJlOS100
829085110
H130%
41s
10788
881a
106
"82149692I3130%2
1315
8077lU6ia
Boston A Provldenco 100Buir. N. Y. A Erie, leaned 100Burlington C. Rnplds A Northern.Burlhigtou A Mo.. InNeb 100Camden A Atluutio 60
do Pref noCatnwissa 50
do Old, pref BOdo Now, pref BO
Cedar Rapids A Mo 100do Pref., 7 100
Central of Georgia 100Central of New Jersey 100Central Ohio 80
do Pref BOCentral Paeitlo , 100Charlotte Col. A Aug 100Cheshire, pref 100ClilcogoA Alton 100
do Pref., 7 100Clilcagc) Burlington A Qulncy..lOOChicago A Ka.it llllnoia
Chicago Dubiujue A Minn 100Cliicago Iowa A Nebraska 100Chicago Milwaukee A St. Paul. 100
do Pref., 7.100Cldcago A North Western 100
do Pref., 7.100Cliicago A Itock Island 100an. Hamilton A Dayton 100Cln. Sandusky A Cleveland 50
Ido Pref., 6,50
Clcv. Col. Cln. A Indlanapoli9..100Clev. A Mahoning Val., leased.. .50Clev. A Pittsburgh, giuir., 7 .50
Col. Chic. A Indiana Central... 100Coliuubus A Hocking Valley—50|Columbu8 A Xeuia, guar., 8 50Con<'ord 50Concord A Portsmouth,guar.,7 100Connecticut A Paasumpslo 100Connecticut River 100Cumberland Valley 50
do Pref 50Daiibury A Norwalk 50Dayton A Michigan, guar., 313...50
do Prof.,giuir., 8..50
Delaware 50Delaware A Bound Brook 100Delaware Lack. A Western .50
Denver A Bio Grande 100,Det. Lansing A Northcni, pref .100Dubuque A Sioux City 100
' East Pennsylvania, leased 50lEast Tcnnes^:ee Virginia A Ga.lOOEn.xtcru (Ma.ss.) 100Eastern in N. H 100Eel River 100Elmira A Willlamsport, 5 50
do Pref., 7.. 50ErieRaUway 100
do Pref.,7 ...100
do Rocons. trus. asti't 56 pddo dodo dodo do
IEric A Pittsburg, gmir.. 7
' FitchburgFlorence El Dorado A Walnut V.IOOGeorgia RaiU-oad A Bank'g Co. 100Grand River Valley, guar., 5.. 100H,'»nnibal A St. Joseph 100
do Pref., 7. .100Harrisbnrg P. Mt, J.A L., guar.,7.50Housatonlc 100
do Prof., 8 100Houston A Texas Central 100Huntiug(l(ui A Broad Top 50
do do Prof... 50niiuois Central 100Indianap'.s Cin. A Uifayetto 50Jcfl'v. Mad. A lud'p's, Psed. 7..100
Jolict A Chicago, guar., 7 100Kalamazoo A. A Gr.R., guar., 6.100Kansas t:ity St. Jos. A Coun. B.lOOKansas City Topeka A West'u.lOOKansas Paeltie 10<J
Keokuk A Dcs Moines, pref 100Lake Shore A Mich. So 100Lawrence (Pa.), leased, 10 50I.4^avcu\v»rth Law. A Galv 100Lehigh Valley 50Little Rock A Fort Smith 100Little Miami, leased, 8 .50
Little .Sclmvlklll, leased, 7 50Long Island... .-50
Louisville A Nashville 100Lykens Valley, leased, 10 100Macon A .\ugu8ta.Maine Central 100MauchesterA Lawrence IOCMarietta A Cln., 1st pref 50
do 2d pref 50Bait. Short Line, giuir., 8. .
.
Cincinnati A Bait., guar., 8Memphis A Charleston 25Michigan Central 100Mine Hill A .8. Haven, leased. ...50
Missouri Kansas A Texas 100Mobile A Ohio 100Morris A E.s8cx. guar., 7 50Na.shvillc. Chat. A St. Louis 2oN.-i-shua A Lowell 100Naugatuck ;-:\}-9^Ncaiiuehoniug Valley, leased, 10.50
New Haven A Northampton. . . .100
Now Jersey Soutliern HR UK)N. London Noitlicrn. leased, 8.. 100Now Mexico A 80. Pacifio 100N. Y. Central A Hudson R1V....100New York ElevatedNew York A Harlem 50
do pref
Bid,
X10478
xlOSM(20}30
690('.29
X891046827^§23{46
33079102 •<
lOO'g457
12029'864%401a7114
1141a20}4ia
ix3030
26;i7iaJl«l4;30;30551233470
I414371a•53
10{•15*2761a
Ask.
100
"23'
10625396
3B1«3391
72
aaso
3381
110\8i«
5812130ifl
64 Oh
40»971%1151a244%32311a
81% 834ifl 41a86 9010075117 120
48139 141
2303 95
604918 491412 121a
57•3535 45I214 121a60 7020
i* . . .
.
•40 4111%
181a16%3232
1231a3575
11%
57
Railhoao troau.
a
8048889
15H5
78
103 104
6908%
"96 ia
91a
681a§
'68%
"37^8
96§43
"35"
*15"13313
97431s1236
"is"
56818548 14
4ie4
791a29106
(4514121
111%76135135
76948%4i«
6
29 Hi
106 la
45%
lifl
137138
New York A New England loo -iffN. Y. N. flaren A HartfnnI .... loo 1.5t»
New York PnivldeneeA B0S...100North i'eiinaylTMnla 60 488Northern Central 60 }14Northern New M»ni|Hililre KM) li
Northern Pneine, new pref 100 JINNorwIchAWoreostiir.lniuml.lO.KKi 11 '4
Ogdcnsburgb A Lake Champ. . . 1 M) ) 1
do Prof., 9. .100 01 1«
Ohio A MlaslMlppI lOII 7%do Pref 100 11
Old Colony 100 «!%Oswego ABrraauae, Koar., 9.. ..60PaelHc of tflswnirt (new) 100Pnnanuk 100Pennsylvania Railroad 80 }33i4
Pennsylvania Company 60do Pref 60
PeterRburg 100Pblladelplila A Erie 60 ^
do Pref.,8 60Philadelphia A Readlnir 60 $1»^
do Pref,7 60JPhllo. A Trenton, leased, 10... 100-4127Phlla. Oorm'n A Nor, Psed, 12. .50 JlOOPhila. Wilmington A Bait 50 {6318PittKliurgh Cincinnati A St. L...60Pittsh. A Connellsvlllc, leased... 50Pittsburg Tttusvlllo A Bulblo...60Plttsb. Ft. W. A Chlo, guar., 7.100
do Special, 7.100Pleasant Hill A Do Soto 100Portland SacoA Portsm.,t'8ed 6100Portam'th Ot. Falls A Conway. lOi.
Provldenco A Worcester 100Pueblo A Arkansas Valley 100 70RenssclaerA Saratoga 100Republican Valley 100 101Richmond A Danville 100 *Richmond Fred. A P 100
do do guar. 6. ...100 80do do guar. 7 100 85
Richmond A Petersburg 100 34Rome Watertown A Ogdensb. .100Rutland 100
do Prcr.,7 100 .6do Scrip 100 50
St. Louis Alton A Terre Haute. 100 l**do do Pref. 100 *
Belleville A 80. 111., pref 100St. Louis Iron M'n A Southom.lOO lOJaSt. Louis Kansas C. A North. . . 100 4%
do do pref., 10.100 , 20%Schuylkill VaUey. leased, 5 50 5
Seaboard A Roanoke 100do guar 100
Shamokln Val. A P., leased, 6. . .50Shore Line (Conn.), leased, 8. ..100South Carolina 100Southwestern, Ga., guar., 7 100Syracu.se. Bingh'tou A N. Y 100Summit Branch. Pa 50Terre Haute A Indianapolis 100 80Toledo Peoria A Warsaw 100
do do 1st pref. 100do do 2d pref.. 100
United N. Jersey RR. A C. Co. . 100 1 .iS
Union Pacine 100 6«i9
Vermont A Canada, leased 100Vermont A Mass., leased, 5 100WabashWarren (N. J.), leased, 7 50Westchester A Phila., pref 50West Jersey 60West. JLirylandWichita A SoutTiwe.stern 100Wilmingt'n A Weldon, leas'd, 7.100 „„Worcester A Nashua 100 33
CANAt BONDS. ^„Chesap. ADel.—Ist.Os. 1886..JAJ "JOChesapeake A Ohio—Oa, 1870 Q.—J MDelaware Division—6s. 1878..JAJ *90,
Del. A Hudson—78, 1891 JAJ 9b4Istext.. 1891 MAN 102-9
7s, 1884 JAJ 961sCoupon 7s. 1894 AAORegistered 78, 1894 AAO
Jas. RlV. A Kan.-lst M., 6s . .MAN 402dmort.,6s MAN 12
Lehigh NaT.-«s, reg., 1884. . .Q-J }04Ranroad6s,reg.,1897 0-F IMDebenture 6s, reg., 1877....JADConvertible 6s, reg.. 1882. . .JAD
do 6s, g.. reg.. 189t.MA868, gold, coup. A reg., 1897..JAD 03Consol. mort., 7s, 1911 JAD 'TO
Loulsv. A Portl.—3d mort., as 1024thmort., 6s 10*
Morris—Boat loan, reg., 1885.AAONew mortgage
Pennsylrania—6b, coup., 1910.JAJSchuylkill Nav.—lst,0s,1897.CJ—
M
2d mort., 69. 1907 JAJMortgage 6s, coup., 1895 lAJ68, Improvement, cp., 1880. MAN68, boat and car, lOUl MAN78, l)oat and car. 1915 MAN
Susqiiebunna—6a, coup., 1918.JAJ79, coup., 1902 -JAJ
Union—1st mort., 6s, 1883.. .MAN
OANAI^ STOCKS. Far.
Chesapeake A Delaware .00
Delaware A Hudson ^92 ,.Delaware Division. leased. 8. ...504
I^hlgh Navigation -,-2S.l!2Morri.s. guar., 4 JSSJ.SSdo pref, guar. 10 lOJiK
Pennsylvania _ Sui'"Schuylkill Navigation.. 5Sl"vi
,do do pref 801 }«
iSiuMiiiehanna 80.^....
Bid.
111!181875J56§20
63
43 >•
301A»
30%
OSao188
037%
03
1389S%
13%
13810164135
538910
70*«100loiia6
48
3«>a
3765
11521%
9100
6«i«
111>«18%
60305
62>a6038
727010099<fl103%
98 ••
98
104%105
0606i«74108105
640163
70
48%
16%58135
5"
*Prlo»aominal; no late transactions. 1 The piirohasor aUo pays aoorued Interest t In London. It In Amaterdaai. } Qaotettoo per sbaca.
432 THE CHRONICLE. [Vol XXVU.
GENERAL QUOTATIONS OF STOCKS AND BONDS—Contikued.For Explanations .See Notes at Head of First Page of ({notations.
MlSCBLI-ANEOCS.
iniSC'LIiANEOvsBONDS.
Canton (Bait.)—£68. K., 1604. ..J&JMort. 6s,g.,1904J&JUn. ER.,lst, end.,6e.do 2(i,eud. 6s,g.M&N
Consol. Coal
—
l8tM., 78, 1885.J&JIst, conv.,C8,'97.J&J
Cumberl'd Coal & I.—l8tM., 68, '79...J&J2dM.,68, 1879.F&A
ni. & St. L. Brldge-l8t, 7s, g.. 1900.A&02dM.,78,g.,1901J&J3d, 78, g., 1886.M&STun'l RR.,lst,£.98,g.
Mariposa Gold L.*feM.—Cons. M., 78,'86.J&J
Pullm'n Palace Car—2d M., 88, '81..M&N3d 8erie8, 8s,'87F&A4tU do 88,'92F&A8tlg, 7s,g.,1885 A&O
St.Cbarles Bridge—108U. S.M'g.Gs.g. i.J&D68,g.,$
Western Union Tel.—78, coup., 1900.M&N78 reg.,1900..M&NSterl'g 68, 1900.M&8
Amer'n SS.Co.(Pliil.)
68, B. C, 1896..A&0
inisc«i.iiANFOi;sSTOCKS.
Amer. Dist. Tel 25Amer. Dist. Tel. {Bait. 1
Atlan. & Pac. Tel. . 100Boston Land 10Boston Water Power.Brookline Land 5Canton Co. (Bait.). 100Gary Iiupr'm't(Bost.),5Cent. N.J. L'd Inip.lOOCin. & Cov. B'dge prof.Equitable Tr.(N.Y)100111. & St. L. Bridge. 100McKay Sew'g Maoli.lOMere'ntile Tr.(N Y)100N.E. Mtg.Sec.ur.(Bo.st.)O. Dominion SS.Co. 100PacilicMailSS.Co.lOOProd. Cons.L'd <fe PotrPullm'n Palace CarlOOSt. Louis Trau.'tfer CoUn. Mining (Teun.). 10Union Trust 100U.S. Trust Co 100U. S. Mort.Co.(NY)100West. Union Tel... 100
EXPRESS ST'CK.S
Adams 100American 1{X)United States 100Wells Fargo 100
GAS STOCKS.
Baltimore Gas 100do certs
People's G.L.ofBalt.25Boston Gaslight. . .500East Boston 25South Boston 100Brookline, Mass... 100Cambridge,, Mass. . 100Chelsea, Mass 1 00Dorchester. Mass. . 100Jamaica Pl'u.MasslOOLawrence, Maes. ..100Ij'nn, Mass., G. L..100>Iald.& Melrose. ..100Kewtouife Wat'n ..100Salem, Mass., 100Brooklyn, L. 1 25Citizens', Brooklyn. 20Metropolirtui, B'Ulyn.Kassau, Brooklyn ..25People's, Brooklyn . 10Willlanisb'g, B'klyii 50Charle8t'n,S.C.,Gas.25Chicago G.ife Coke. 100Cincinnati G. & Coke
.
Hartford, Ct., G. L..25Jersey C.& Hobok'u 20People's, Jersey CliOulsville G. L. .
.
Mobile Gas & Coke. . .
.
Central of N. Y 50Harlem, N. Y 50Manhattan, N.Y... 50Metropolitan, N.Y.IOOMimicipal 100Mutual of N.Y... .100Kew York, N.Y....100N. Orleans G. L. ..100N. Liberties, Pliila..25Washington, Phlla..20Portland, Me., G.L. 508t. Louis G. L 50I.,acl6de, St. Louis. 100Carondelet 50Sau Francisco G L.
Bid.
9393
103>?
10280
9897
570!30
969212Olifi
85101»s
110101
79'a
191a22
2ll2lllJ
22
7580lia
108
"l5%
315
93 12
109484896
959511
72028%1051071228585121091'24
8080
111951105550501575
129
35145105
6070
5*32736212
95I3
Ask.
9096
1041a
10585
100100
753513
1009593
MI8CELLASEOTTS.
1021"
111
103
80
30
1^21a2510c.
902i£
110
'
id'
75 1*
118
"93%
109 13
499638
93101Ilia
73030105 14
1081238686
111124148581iim1001166058562085201301471242150
115
'so'40
1.50
11090658099
347565
96
UIANUFACT'INGSTOCKS.
Am.B.H.S.M.(Pa.ll2i2 §2314Amoskeag (N.H.) 1000 1530Androscog'n (Me.).100 74Appleton (Mass.) . 1000 750Atlantic (Mass.)... 100 II3I3Bartlett (Mass.). ..100 15Bates (Me), new ..100 113iaBoottCot. (Mass.) 1000 1450Boston Co.(Mas8.)1000 925Boston Belting. ...100 II5I4Bost. Duck (Mass.)700 700Cambria Iron(Pa.). .50 §*57Chicopee (Mass.) ...100 110Cocheco (N.H.)....500 600Collins Co. (Conn.) . . 10 6I4
Continental (Me.). 100 44DougrsAxe(Ma6S)100 98Dwight (Mass.). ..500 410Everett (Mass.)... 100 90%Franklin (Mo.).... 100 45Great Falls (N. H.) 100 84Hamilton (Mass.) 1000 900Hartf. Carpet (Ct.)lOO 221Hill (Me) 100HolyokeW.Power.lOO 144Jack8(m (N. H.)..1')00 1000Kearsarge 100Laconuk (Me) 400Lancaster M.(N.H)400Lawrence (Mas8.)1000Lowell (Mass) 690Lowell Bleaehery.200Lowell Mach.Shop.500Lyman M. (Mass.). 100.Maudiester (N.H.) 100Mass. Cotton 1000Mprriniack(Mass)1000Miildlesex (Mass.). 100Nashua (N. H.)....500Naumkeag (.MaRs.)100N. E. Glass (Maas.)440Pacific (M;is8.)...1000Penn. Salt Mfg. Co.. 50Peppcrell (Me.) 500Safisburv (Mass.) . . 100Salmon Fall8(N.H.)300Saudw.Gla38(Ma8S.)80Stark Mills (N.H. )1000Trem(mt&S.(Mass)100Thorndike(Mass.)1000Union Mfg.(Ma.)Washingt'n(Mass.)100Weed Sew. M'e ((t.)2."i
Willim'tic Lincn(Ct)2.'iYork Co. (Me.) 750
COAI. & mSCEL.miNING STOCKS.AmeHcan Coal 25Big Mountain Coal. 10Ruck Jlouut'u Coal.50Butler Coal 25Cameron Coal 10Clintcm Coal & Iron, 10Consol.Coal of Md. 100Cumberl'd Coal&I.lOOGeorgia's Cr'k CI (Md.)Locust Mt. Coal .....50
Marip'sa L.&M.C^allOOdo pret.lOO
Maryland Coal.... 100New Creek Coal. ...10N.Y. & Middle Coal.25Pennsvlvaniji Coal. 50Pilot knob I. (St.L)lOOQuicksilver Min'g.lOO
do prof..St. Niclio!asCoal...lOSan JuanSil. Miu.lOOS. Kapli'lSil.,Mob.lOO
do pref.lOOShamokin Coal 25Spring Mount. Coal.50'iVestmorolaiul Coal.50Wilkosb.Coal&L.lOO
BOSTON MININGSTOCKS.
AUoucz 50Calumet & Hecla. . .25Central 25Copper Falls 50DiHia 25Dawson Silver 20Duncan Silver 20Franklin 25Humboldt 25International Silver20Madison 25Mesnard 25Minnesota 25National 1Osceola 25Petherick 25Pewabio 2Phenix 50(>uincy 25Kidge 2.j
Rockland 25Star 2RSuperior 25
Bid.
40070.5126553520071570117103512601655258035
1600'07720
Ask.
•23 la
155075
77511416
1141475950II5I271059
110i£610750100415914785
92522555
1481050
4107151270550
736"72
23020
84011470012804
661155
30
535'
25
"6O'
2I227,
140
1232
I2I213
555
21axl76
II2
5c,4144I2
10501275167
8OI250
76725
62402586011572020
6671a1165
42
25I2
90
4410
1.50
201335" 4'
1618
56
4177351^
10c.10c.41.J
6
50c. 55c.50c.
25c. 50c.oOc. I OOc.25c.
xll ]li«5c.
1 2
121a 131 l^s
25c25c.5c.
Miscellaneous. Bid.
N. Y. BOARDiniNING STOCKS.
Par.Alpha Consol G& S. 100American CcmsolAmerican FlagBechtelBelcher Silver ....100Bertha* EdithBest & Belcher. ...100iBobtailBuckeyeBullion 100Caledonia Silver ..100California 100Calumet & HeclaiCashierChollar-Potosi 100Cleveland Gold 10Consol. North Slope. .
.
(Ilonsol. Virginia... 100Confidence Silver. 100Crown Point 100DahlonegaEureka Consol. . . . 100Exchequer G. & S.IOOFindleyGold PlacerGould ACui-ry 8.. 100Grant 100Grand PrizeGranville Gold Co..
.
Hale & Noreross. .100Henry Tunnel Co..HukillHusseyImperialIndoi»endoncoJulia 100Justice 100KentuckKings MountainKossuth 50L,acrosseLeedsLeopard 100IjcviathauLucerne 10MemphisMerrimac Silver 10Mexican G. & Silv.lOOMooseM(mt BrossN. Y. & Colorado. .
.
Northern Belle....100OntarioOphir Silver 100Orig.Comst'k G& S 100Original Keystone
.
Overman O. & S ... 100PlumasPhil. SheridanRaymond & Ely. ..100St. Joseph Lead 10Savage Gold* Silv.lOOSeaton eonsolSegregated Belch'rlOOSierra Nevada Silv. 100Silver City 100Sliver Hill 100Southern Star G&SlOO'HpTopTuscaroraUtahUnion ConsolYellow Jacket 100
BANK STOCKS.Baltimore.
Bank of Baltimore KM)Bank of C(umuerce.25Chesapeake 25Citizens' 10Com. & Farmers'.. 100Farmers' B'k of Md.30Fai'mers' & Merch. .40Farmcrs'&Plauter8'25First Nat. of Bait.. 100Franklin 12iaGerman American.Howard 1
Marino 30Mechanics' 10Merchants' 100National Exoh'ge. 100People's 25Second National . . 100Third National 100Union 75Western ^ 20
22lia8%
Boston.]!Atlantic ..100Atlas 100Blackstone 100Blue Hill 100Boston Nat 100Boylston 100Broadway 100Bunker Hill 100Central 100City 100Columbian 100Commerce 100Commonwealth ... 100Continental 100Kaglo 100Eliot 100Exchange 100Everett 100Faneuil Hall 100
2213314
•52
lHa4%
1-5055
Ife
l'-53"
"1%
"1212
425
•62
"ie
"6
41050
2146
5141"
•32
•50
•85
.07
914
'46
15k
1101227119820331231100
6I3
1006
278%
1041a9819ia
118955829
12411095348589 la
10580
1.5080
1071aI3114809285
102961a
1341a94
I23I9
Ask.
3•25
•08
•6013%
•21
•28
9•90
•38•51
213t
110
35
4-10
205
46'
403
90
31a1^751%
30
1141330131013034I233118
7I2
10610309I4
106100201401005932
126IIOI4•)(>
9090106S3
15183108131%80 1395901049713695125
Bank Stocks.
First National 100First Ward 100Fourth National.. 100Freemans' 100Globe 100Hamilton 100Hide & Leather . . .100Howard 100Manufacturers'.. .100Market 100Massachusetts 250Maverick 100Mechanics' (So. B.)100McrchaiHliso 100Mercliunt.H' 100.Metropolitan 100Monument 100yit. Vcrnou 100New England 100North 100North America 100Old Boston 50People's 100Redemption 100Repu'.ilic 100Revere 100Rockland 100Second Nat 100Security 100Shawmut 100Shoe & Leather. ... 100State 100SuflTolk 100Third Nat 100Traders' 100Tremout 100Union 100Washington 100Webster 100
Brooklyn..\tlanti<'
BrooklvnFirst I^ationalFultonCity NatiimalCommercialLong IslandManufacturers'. ...
Mechanics'NassauBrooklyn Trust
Cliarleston.B'k of Clias.(NBA) 100First Nat. Chas.. .100People's National . 100People'sofS.C.(new)2oS. C. Loan & Tr. Co. 10(]Union Bank of 8. C.5o
Clilcago.Commercial Nat. . .100Corn Exeli. Nat.. .100Fifth Nati(mal.... 100First National 100Hide and Leather..Home National ...100Merchfints'Nat.. .100Nat. B'kof lUinois.lOONorthwestern Nat. 100Union National 100Un.Stock Y'ds Nat.lOO
Cincinnati.First NatumalFourth NationalGerman Banking Co.
.
Merchants' National.Nat. Bank Commerce8eeond NationalThird National
Bid. I Ask.
169771aSOif8!)
76101IO214103S6I491107140II4I292125961214587
130108100«2
135120125100122132183104%100lioiaIIOI2839099%
1261a12598H
90100170752009090901501.50
130
17590
150
Cleveland.Citizens' S.&L.... 100Commercial Nat . .100First Nat 100Merchants' Nat... 100National City 100OhioNat 100Second Nat 100
Hartford..^EtnaNat 100American Nat 50Charter Oak Nat. . 100City Nat 100Coimecticut River. ..50
Far. & Mech. Nat. 100First Nat 100Hartford Nat 100Mercantile Nat 100National Exchange. 56Phfcnix Nat 100State 100
liOulsvllle.Bank of KeutuckylOOBank of I^ouisvillelOOCitizens' National. 100City Nat 100Commercial of Ky 100Falls City TohacuolOOFarmers' of Ky ...100Fanners' & Drov..lOOFirst Nat 100German Ins. Co.'s.lOOGennan 100German National. 100Kentucky Nat 100Loulsv. IU8.& B. Co.40Masonic 100Merohants' Nat. ..100Northern of Ky .. .100
1269810093110140
11057
125783211290150116
(.14
149109
8092101
169>t78819277103102%1031«
9II4
1071a14511693I251400
1.55
88131110100 146414512312s100>»
125134190105131001911111185901«1001271251«98%
96
1909023010010095160160
3510080105640
140
i'36"
83
idu'
80'
14013010110597115145
115621288135114911-j
15211867152114
115628310010
83 8389 91
85110
9999 100104111
1508393104
Prioo nominal ; no late traiLsaoUoos. tThepurchaser also pays soorued int. ; In London. § Quotation par share. ]I All ex-diridend.
OCTOBBH JO. 1878.] THE CHRONICLE. 43a
GENERAL QUOTATIONS OF STOCKS AND HONDS—Concluded.ear Kxplnuatlou* See Notes at Head of Flmt Pace of <laotationa.
Bank Btocu. Bid. A«k.
L'sTlIIe (CoDoIad'd.1
roop'"''" ?*!9BwKiiul Sat, 100Swiirltv 100Tluiil Niitloiml 100WontiMii tooWestFluuu.Curp. . 100
mobile.
Bank of Mobile M)Flr«t Nal KK)Nat. ('oiiiTmMT.lal..l00
Boiitlu'ni H'k ot Altt25
lOoBtreal.
Biitinli X. America....OOIUllUTO* ."iO
CoiiKiiliiliited 100Dominion 50Du Pciiplc 50Kajttern 'rowU8Uli)s 50ExrbauKe 100Fodenil 100Haiuilton 100Imperinl 100JaiMiiirH Ciirtler...lOOMuritiino 100Merchaiitj*' 100Molsout* 50Montreal '200
Kutloniilo 50Ontario 40Qnclico 100SlawlanlToronto 100Union 100VilUi Marie 100
Nenr Orleans.
Canal & Banking. .100Citizens' lOOGermaulaNiit 100HiberniaKat 100Lafayette 50Louisiana Nat.. .. 100Mechanics' & Tra<l..20Mutual Nat 100Kew Orleans Nat. . 100People's 50Boutliem 50State Nat 100Union 100Workingmen'8 25
New York.
America 100American E.xcirKelOOBank.ABr'kers A.lOOBrew'rs'it Groc'rs'lOOBroadway '^5
Butclicrs'& DroversaSCentral National. .100Chatham 25Chemical 100atv 100Cltlrens' 25Commerce 1 00Continental 100Com Exchange ... 100Eai<t Kivcr 25Eleventh Ward 25First National 100Fourth National... 100Fulton 30FlfthAvenue 100Gallatin National ..50Genuau American. .75Oennania 100Greenwich 25Grocers* 40Eanover 100Importers' & Tr. . . 100fcTlng 50Leatuer Manufts..lOOManhattan 50Manut. & Merch't».20Marine 100Market 100Mechanics' 25Mechanics' B. A88'u50Mechanics' & Tr.. .25Mercantile 100Merchants' 50MerchaniA' ExcU'ge50Metropolitan 100Nassau 100New York 100N.Y.Nat. Exch'KelOONew York County. 100Ninth National. ...100North .\nicrlca .... 70North Itivor 50Orientiil 25Pacitic 50Park 100People's 25Pheulx 20Republic 100Second N.itlonal..lO(lSeventh 'ft'ttrd 10()Shoe A: lx'ather....lO0St. Nicholas IOCSlate or N. Y.(now)10t'Tentli National.. ..10(Tradc..*nieu'8 4rVnion 50
83125
1011572 >«
18
105iim73
12170104 »s77
1041)8
102 Hi3014
04 >s
86155 >4
81
801385000
9072
858046
11»»9
"12
129100%
;55
;ioo1501193
:75115;90
30095120225110;70
;ioo202
115132
•si'105121
;ii680118
J70
:12685
80
; 106Hi
98
12871268.'S
10086
15l!207520
BAMK 9TOOKR.
11375
72 >a105^1solsHO I
100
40%
951s871s:155%
82 !
83 I
138%;60
I
60 14
9375 Is
103
90
4942
6093%
118>3
Philadelphia.}
B'kof N.America. 100Central National.. lOOjinty Nullonnl '•"
"oni!;:crclal Nat .
Coinnioii\\<MiIlh N;t'
ConsolUlarlon Nat. ...;;
Corn Kxchungo Nut.50Eighth Nat'First Nat 100FanncrB'.t.Mcch.N.lOOGirard National 40Kcnsinnlon Nat 50
)Manufacturers' Nat.25jMechaulcs' Nat.... 100Nat. B'k (Jonnneroe.50Nat.B'k (;crmant'u.50iNat.B'kN. Liberties 50jNat.B'kKepublio.IOO'National Hccurltjr.lOOPeUQ National 50People's 100Philadelphia Nat.. 100ISecond Nat 100Seventh Nat 100SlxthNat 100Southwark Nat 50Spring Garden 1002-2(1 Ward 50rhlrdNat 100Union Banking Co.lOOUnion Nat 50Western Nat 50West Phlladulphia.100
Portland, Me.
CumlM-rland Nat.. .40Canal Nat 100Casco Nat 100First N»t 100.Merchants' Nat '75
National Tratlers'.lOO
Richmond, Va.
City Bank 25First Nat 100Merchants' Nat... 100Nat. Bk of VirgluJalOOPlanters' Nat 100State Bank ol Va.lOO
St. Lonto.
B'k of Commerce. .100Commercial 100Continental 100Exchanfire 100Fourth National ..100International 100
Mechanics'.'.'.'.''.
'. ! !io6Merchants', OldMerchants' Nat ...100St. Louis National.lOOThird National.... 100VaUey National... 100
Bid. A«k.
98145
80
13685
607583
1251s7011885130
73 14
7395
13591
100
80
145
San Francisco.
Anglo-CaliforniaBank of (JalifomlaB'k of S. FranoisoolOOFirst Nat. tiold.... 100Grangers' B'k of C.IOOMerchants' Exch. . 100PaolUc
FIRE INSVR'CESTOCKS.
Baltimore.
.\880clatc Firemen's. 5Baltimore Fire Ins. 10Firemen's Insur'oe. 18Howard Fire 5Maryland Fire 10.Merchants' Mutual. 50National Fire 10
Boston.
Alliance 100American F. & M. .100Boston 100Boylst'n Mut.FAMlOOCommonwealth. -.100Dwelling House.. .1011
GUot 100FanenilHaU 100Piremen'8 100Franklin 100Vfantifacturors'. ..100Mass. Mutual 100>teebanics' MutuallOOMercantile F. A M.lOONeptune F. AM... 100
231175
•509015011760•552589
126•8010354
155
115
•51
51140132130104130
3081-23
50205
60
705
7460
10082
"ss9735115
TXHURAIlOa Btooki. Bid. Ask.
233180
1011601206557251892
128/
57
162100
125
57
20113
8080
10675
310
7055
210959035
6254161s
.50
11%
951331121159011213366%1466512010990130120%)
52142134132105132
10076
10583
"89"
10037118
6I4
264275
5513
100135115120921141356714867
1-25
no91133121
611 '.'.*
95133
N.KliKi'dMut.F&MIIH) 75North Amerieu.... UK) 112PrewMitt 11H>
I Revere 100Hhawmnt 100shoe.v I,. F. AM. .100-iiiirolk Mutual... .100Wushiugtvu 100
Cincinnati.
Ama7.nn(iiow stock) 20 SOClnchinatl 25' laoCitizens' 2O1 75Commercial 25 1.35
Eaglo lOol 115Enteriirlse 20 90Eureka 20 85Jldellty 20 95Firemen's 20l 120Gemiauia 20 115Globe 20 f>'
MerchantB't<: Manuf 20Miami Valley .50
National 100Union 20Washington 20Western 25
Bartftord, Conn
.*:tna Fire 100Atlas Insurance... 100Connect Icut 100Hartford 100National 100Orient 100Phosnix 100Steam Boiler 40
London.
Commerc'I Union . £50Guardian 100Inii)erial Fire 100Uinciujhire F. <fe L. .20London Ass. Corp.. 25LIv. &I..<md. &Globc2North'n Flre&Llfo 100North Brit. &Mer..50Queen Fire & Life.. 10Koyal lusui'ance 20
Mobile.
Citizens' Mutual... 100Factors'* Trad's' Mut.Mobile Fire Dei>'t..25Mobile Mutual 70Planters' & Mercb.MutStonewallWash'ton Fire AM . . 50
New Orleans.
Crescent MutualFat^tors' and Traders'.Firemen'sGermaniaHIbemiaHomeHopeLafayetteMerchants' Mutual . .
.
Mechanics' * Traders'New Orleans Ins. Ass'nNew Orleans Ins. Co .
.
Pooi>le'sSun MutualTeutoniaUnion
New York.
Adriatic. 25iKtna 100American 50American Exch. ..100Amity 100Atlantic 50Bowery 25Brewers'&M'lst'rs.lOOBroadway 25Brooklyn 17Citizens' 20City 70CUnton 100Columbia 30Commerce Fire— IWICommercial 50Coutiucntttl 100Eagle 40Empire City 100Emporium 100Excliange 30Farragut 50Firemen's 1
Firemen's Fund— 10Firemen's Trust— 10Franklin 100Oemian-Americau 100Germania 50Globe 60Greenwich 2.'i
Guardian lOti
Hamilton 15
117
1105088
120
21333
10521813210320053
I8I470151
71
x6716%41423%21%
x57x7012%
x45x55x70x30
9110550
7522 1439%25
82%2841
x'l"02«80
1251004510345
1'23
150110
"65
120
83I Ik
127too136
ImiriiAin'R nroofu.
Illanovrr"TninD
13580
120959010012512087%1211051156«90122%
21636108220135%106203
I
58 I
18%72133
I
7%6916%42 :
42%3%
21»8
60751550607535
94
42
4085
6095
130 137%90 10050 6090 100200
SO190 200
200175IIS 125110 liift
50 6060
1.36
165 170210
105 11050 60115
1301076011055
12525575
BM. Atk.
. . ..fto
ao100
).e 2ft
II .wanl 50I iiiiMirters' A Trad . . 60Irving 100Jpfferson 30KlniniCo. Ol'klyn) 20KnIckerlKHkcr .40I.a(ayutte (U'klyu) SOLamar 100Lenox 35Lonv IsI'd (B'klyn) 50LorUlard 25Mnimf. * RulIdeni'lOOManhattan lOOMech. 1* Tnidcrs'. . .28Merhanlcs' (B'klyn).50Mercantile 50Merehaiita' 60Metropolitan 30Montauk (RHilyn).. 50Nassau (B'klyn)....50National 37%New York CItjr
N. Y. F.<iultabro 35Now York Fire.... 100Niagara 50North River 25Paclflc 25Park 100Peter Cooper 20People's .50
Phenlx (Blilvn) ....50Pro<luce ExcoangelOORelief 50Kenubllo 100RldgewmMl 100Itutgcrs' 100Safeguard 100St.Nlcholae 52Standard 50Star 100Steriing 100*tuyvesant 2.5
Tradesmen's 25United States 25Westchester 10Williamsburg aty . .50
PhUadeIphIa.§
American Fire 100Fire Association 50Franklin Fire 100Delaware Mutual...25Ins. Co. of N. Am'oa 10Ins. Co. State of Pa 300Pennsylvania Fire 100
Richmond.
City 100Granite 100Merchants'AMech.lOOPiedni'tA A. IJfe.lOOVirginia F. & M 25Virginia Home.... 100Virginia State 25
St. Itonls.
American Central..25CiUxens' 100Franklin 100Jefferson 100Marine 100PacUlo 100
San Franclaeo.
California 100Commercial 100Firemen's Fund ... 100State Investment. 100Union 100
MARINE INS.
SCRIP &C
New York.
Atlantic Mutual—1875187618771878 -••
Commercial Mutual—18711878 •••
New York Mutual—1H641876
Orient Mutual—1H611W75
Paj^illc Mutual—18681876 ...•
Great Western stock..
Mercantile stockSun stock
130
117
103103
80145100
ISO80 HA130105160IflORS184 liO
107
100 11060 65185 196l.<iO
110 115110 120230105 116176 105115 12012050 70
8570 7390 »7160120
801.10
100 10792%
125 1401'25 135100190 200
135241
•3630
135
80
8410233
27
2910»
75
11355110113113
ISO252
10310009»7%
08
80
RA8060
135»A130nslOM110RA
1 40175»oISO105
36%30%
170
76%90
3607%
758015
11558115118116
10310110009%
10070
8566
8060
8060906063
* Prioe nominal ; no late transaotloiui. j tjuotatiou ler share. J Liat prioe this month preceding 34tti.
434 THE (JHRONICLH ITOL. XXVIL
%nvitshntntsAND
STATE, CITY AND CORPORATION FINANCES.
The iNVESTOnB' SaPPLKMENT is published on the last Saturdayof each month, and furnished to all regular subHcribers of the
Chkoniclb. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
Bubscrib»Ts. One number of the Supplement, however, is boundup with The Financial Review (Annual), and can be purchasedin that shape.
ANNUAL REPORTS.
Mobile & (rirard Railroad.
{For the year ending May 31, 1S78.)
The president's annual report has the following: The earningsof your road for the year ending on tlie 31st Mav have been$175,572, and the expenses |113,274, leaving net $63",398.
This is a considerable improvement over the previous year,
espf-cially if we take into account the fact that the renewal of
rails has been considerably more than for any previous yearsince the existence o( the road. The rolling stock and bridges
have also been very much improved—all ot which has beencharged to expenses.
lo the last annual report a vry full statement was made of a
scheme for reducing the interest upon the indebtedness of thecompany. This plan has ben carried out so far as to exchange$800,000 of the company's 4 per cent bonds, with the Central
Railroad & Banking Company of Georgia, for a like amrunt of
this company's first mortgage bond.i, and the coupons which hadbeen taken up by that company. Of the $33,500 plain 8 per centbonds outstanding at the date of the last report, $33,000 havebeen taken up and canceled by exchange for a like amount of 6per cent bonds ; thus reducing our interest account from $9t,202to 157,980 per annum, leaving one plain bond of $500, yetoutstanding, to be adjusted whenever it is presfnted.The 1300,000 8 per cent bonds will mature January 1st, 1839,
and, with reasonable prosperity, it is believed that the companywill bo able to meet them at maturity, with the use only of the
$167,000 6 per cent bonds now in the hands of H H. Epping,Eaq., Trustee. If this can be done, the annual interest will thenamount to only $44,000 per annum, and it is not unreasonableto expect that small dividends can thereafter be paid from theearnings of the road.
BASmNOS.Op treislit, (eastward) $f>8,019
Down freight, (westward) 71,068
Total from freight 1139,077Up pas -age, (eastward). ., $17,535Dowapa.-sage, (westward 15,795
Total from passage 33.030Mail service 3,484
Total earnings , $175,578
TOTALS.
The tota^ earnings as stated are $175,574While total expenses have been 112.271
Showlngnet $63,218
As compared with the year previous, we are enabled to showan increase of earnings as follows: In freight, $21,463; inpassage, $1,869 ; lees a reduction in mail service of $65 ; makinga total net increase of $23,677.There has been an increase in expenses of $14,641; but when
it is considered that we have placed 6^ miles of new raila in thetrack, with extensive repairs to bridges and rolling stock of thecompany, all of which has been chartred to current expenses, it
will be seen tbat the cost of running the road has been even less
than that of the previous year.
LIABILITIKB, MAT 31, 1878.
Capital Stock $9P6,S64Preferred capital stock
, 2"H,745Pike county stock 1?,380
Second mortgage bonds, 8 per cent 300.000Third mortgage bonds, 4 per cent — 8 O.nnoThird mortgage bonds, 6 per cent 33,000Plain bonds 600
Central Railroad
l,-:78,940
ASSETS, HAY 31, 1878.
CODPlruction $1,7154MStock interest 291,670
1, 183, '^00
5,683
$3,418,124
Bills receivable.Profit and loss .
.
7,174•381,868
a.010,910
Central Railroad BankChattahoochee National Bank.Agents' ledgertr. S. P. O. DepartmentCash
339,0(i2
10,«06,686S,150eoi
18.751
$2,418,134
rivalry between the two companies is ended, the building ofparallel lines will be stopped, and future extensions will proceedin harmony.The Atchison Topeka & Santa Fe Company is to take possession
of the D. & R. G. Railroad, now 337 miles, and operate it
exclusively for the period of thirty years, beginning December 1next, paying all the taxes, insurance and general expenses. Therental to be paid the Denver & Rio Grande Company is 43 percent of the gross earnings for the first year with a reduction of 1per cent each succeeding year until the seventh is reached. Fromthe seventh to the fourteenth year, both inclusive, the rental is
to be 37 per cent per annum, of the gross earnings and for theremaining sixteen years of the lease 36 per cent is to be paidannually- In determining the amount of gross earnings fromwhich the rent is to be computed, the gross earnings from all
business interchanged between the two roads, or by the Pueblo& Arkansas Valley Railioad, shall be divided on a basis of credit-ing each mile of transportation over the Denver & Rio Granderoad as one and a quarter mile?, except where such businessshall be interchanged between the Denver & Rio Grande Railroadconnecting Pueblo with Canon City, and the road which mayconnect Canon City with Leadville, in which case the grossearnings shall be divided jyro rata according to the number ofmiles hauled over the respective roads.
The Atchison Topeka & Santa Fe Company agrees not to build,operate, or encourage any road, directly or indirectly, not alreadyconstructed, that is parallel to or competing with the Denver & RioGrande's present constructed lines. The lease also provides thatthe Atchison Company shall not change the guage of its road orlay a third rail, without widening the guage or laying anadditional rail, over all the Denver & Rio Grande lines", exceptthose betwesn Pueblo and the coal mines east of Canon City.
Any lines that may be built from any terminus ot the Denver &Rio Grande road, or in extension thereof, shall be of three feet
guage. The Atchison Company also binds itself not to discrimi-nate in freight or other charges, in any manner, to tbo injury ofthe Denver & Rio Grande Company, and, where traffic can becarried at the election of the lessee, it shall be transported bythe shortest line.
The rental is to be paid by the month. When the AtchisonTopeka & 8anta Pe takes possession of the leased road, it is to
pav the Denver & Rio Grande, for the fuel, material and otherrailway supplies on hand, a sum to be agreed upon by two per-
sons, one to be appointed by the president of each road, 'This
sum is to be applied by the Denver Company to the paymtntofany of its debts, exclusive of stock, in excess of $33,664 per mile.
The Denver & Rio Grande engages to deposit the money receivedfor rent with the U. S. Trust Co., or other trust compauy, in trust,
for the payment of interest on its debts, exclusive of stock, goingto make up the sum of $33,664 per mile. If any surplus remains,it is to be applied to the i>ayment of such debts and liabilities in
excess of the sum of $32,6(54 per mile, until fully satisfied, afterwhich the money may be used in the redemption ami cancelationof the D.'nver & Rio Grande first mortgage bonds. No provisionof the lease is to be abrogated or modified unless with the formalwritten cocsent of the trustees of the present mortgages of theDenver & Rio Grande Railroad, or of holders, duly evidenced as
such, owning or representing at least $3,000,000 bonds.All the litigation between the two companies is to be aban-
Idoned, and the Denver & Rio Grande Road is to ba extended to
tlie San Juan silver mines, and through the Grand Canon of theArkansas Valley.
Atlantic Mississippi & Ohio.—The case of foreclosure cameup in the United States Circuit Court at Richmond, October 23,
before Judges Bond and Hughes. The decree applied for by the
Trustees of the Atlantic, Mississippi & Ohio consolidated bond-holders asks for the sale of the whole line and its pioperty as anentirety, subject to liens of the several divisional bondholders,and after the payment of receivers' and other outstanding indebt-
edness, the remainder of the proceeds to be divided among the
holders of Atlantic Mississippi & Ohio consolidated bonds. TheDutch bondholders, representing $3,000,000, oppose the sale of
the road, asking to become parties to the suit as defendants. Thislatter question was argued at lenj;th and submitted to the Court.
The total amount of consolidated bonds of the road secured by themortgage under which the proceedings are now instituted is
$5,470,000, with interest overdue to October 1, 1878 of $1,695,289.Subsequently, the Court considered the petition of H. R. Stewart,as holder of certain certificates of the Virginia & Tennessee rail-
road, the object of the holder of said certificates being to havethem recognized as a lien superior to that of the Atlantic Missis-
sippi & Ohio mortgage. Other holders of the same cettificates
viere represented by counsel, and this cause, which is known bythe title of Francis Skiddy et al., Trustees, against the Atlantic
Mississippi & Ohio Railroad, was also argued and submitted to
the Court.
Chicago Burlington & (Juinoy.—Statement of earnings for
the month ending August 31, 1878, and for the year 1878, to
August 31, compared with the corresponding time last year:
Month end'gAng. 3', '77.
$',330,S48 Inc. .$301,958
574,391 Inc.. 1C5,4S8
755,857 Inc.. 196,530
GENERAL INVESTMENT NEWS.
Atchison Topeka & Santa Fe.—Denver & Rio Grande.—The<!0n ract f lease of the Denver & Rio Grande Railway to theAtchison Topeka & Santa Fe Company was signed by the officers
of both companies on Saturday, Oct. 19. By this agreement the
Month end'gAug. 31, '78.
Gross earnings $l,ti.3-2,207
Ejpen.es 079,329Nettaruings 954,377
Eight months Elsht monthsfrom Jan. 1 from Jan. 1
toAugSl,'!8. to Ang.S1,'77.Passenger $l.f,r],171 gl,561,.549 Inc. $9,621
Freight 7.106,764 5,740,754 Inc..l,3bi>,009
Mairand miscellaneoue 316,489 329,292 Dec. in,602
Grossearnings 8,996,424 7,«31,596 Inc..l,?B4,8l6
Expenses 6,005,432 4,3S&,698 Inc.. 675,740
Neteamings 8,980,992 3,301,904 Inc.. 689,068
October 20, 1878.] THE CHRONICLR V6i
Chicago ft Eastern IIIinolH.—The annual m«etina o( the
•ocklioldera of iliU mllrond, formerly (he Chic. Dauvllle & Vln-
'iin<-^, was hi<l<l rrcnntl; in Chicago. The annual re|)i>ri wanibmitifd. It hliowed that the ({roas earnioga during the past
ar wiTc !|;7Nt..''.."i5. Operating exponaea, etc., 1550,030. NetMrniu>rs, $2-.;;),.'i;tJ.
TliH following directora were chosen for the ensuing year : F.
^\'. Huiilekopor, ChicaKO ; Franklin II. Story, Boston ; 0«orgeiV. Uill, Worcester, Ma8«.; Thomas \V. Shannon, John W.Brook-uan and Henry U. llnmmond. Now York ; C. E. S:evens, Bog-
nn; Joseph O. Knglish, D.^nviIle, 111.; T. P. Lsonard, Springfield,
HI. Suhiiequently the directors met and elected the folloiring
illlcers: F. D. Huidekoper, President; A. 8. Dunham, Secretary
inil Oeueral Ticket Agent ; J. C. Calhoun, Treasurer ; Q. S.
I.rford, Superintendent ; and Robert Forsyth, Oeneral FreightAgenl.
Oas Stocks niid Electric Light.— .'V lecture was deliveredately by Prof. Morton at the Stevens Institute, Uoboken,:i ilie elecric light. Mr. Morton said but little of ther!^cticability of bringing the light into common use in place of
: iM and oil, and hia remarks on that point may be condensedirom the Tribune report as follows :
'• Everybody knows many of the uses to which this has beenilreaiiy put. The illumination of large workshops, of publicauilitings, places of amusement, gardens, and the like, is undoubt-
iljr an accomplished fact, snd this u«o of the electric light we•I confiJent will largely extend. But it has been suggested
..lat more than thi.i will soon be reached, and that the electrictight will take the place of other sources of illumination—gas,(or example—in private houses. It would be very foolish for anyone to attempt to predict what may or may not be accomplishedin the future, bat in such a case as this we may at least look backIt the past and see what has been the history of the same thing,uid judge Bometbing of future probabilities from past experi-ences.
" This idea of dividing the electric light in the sense I havejustnoticed is no new notion. At least twenty years ago it was notonly thought of, but believed to have been accomplished."For example, a paper read before the French Academy by M.
Jobart, a member of the Academy and a man of high scientificreputation, on the 37th of February, 1858, stated as follows
:
"'I ha.>iten to announce to the Academy the important discoveryof the dividing of an electric current for lighting purposes. Thecurrent from a single source traverses as many wires as may bedesired, and gives a series of lights ranging from a night lamp toa lighthouse lamp.'
'He then goes into many minute details, describing how asny as six lamps were operated in his presence from a battery
ot cue dozen poles and cells." » » * "Here we have no predic-tions as to what was to be done in the future such as we havelately been favored with, but statements of what had beenaccomplished
; and we may even say that in this case the finalitest of the pocket had been applied. This light seems not tohave been extinguished, but we fear that some electric lights thatgo into pockets may never come out again. This was twentyyears ago, and these promising experiments, as we all know,reached no successful result. I would by no means, however,have it inferred that better success can never be attained. On"the contrary, there are several very promising directions forexperiment, on one of which, no doubt, Mr. Edifon is at presentembarked; but the difierence between a promising line of experi-ment and a successful result all the world's history teaches us is
often a distance of many years, to say the least.
Hartford Providence & Fishkill.—New York & New Eng-laad.—In the United States Circuit Court at Hartford, in thesuit of the New Tork & New England Railroad to obtain posses-sion of the Hartford Providen-?e & FJshkill Road, Judge Shipmanmade a final decree, granting immediate possession. TheTrustees of the Hartford Providence & Fishkill mortgage of$2,000,000 accordingly transferred the property to the New York& New England Road, and it is now operated by the company.The 1500,000 mortgage bonds held by the City of Providencehave been paid by a payment into the city treasury; but it is saidthat the bonds will not be surrendered till tlie pending suits asto ownership are settled. All the floating debt has been paid,*nd cash deposited in bank to pay the bonds not yet presented.
• The N. Y. J'imes despatch states that the New York & NewEngland Railroad Company has now a line of 150 miles, fromBoston to Waterbury. It also obtains control of the ProvidenceDivision, from Willimantic to Providence, 58 miles; also, ofthe Boston & Woonsocket Road, 3i miles, and the Stockbridge.Branch, 18 miles, making 300 miles in all. It leases, besides,(the Norwich & Worcester snd the Rhode Island & Maes. Roads.'The corporation has out $8,400,000 of bonds, covering all
I
its possessions, including the uncompleted portion of the road'between Waterbury & Fishkill. Mr. Clark, the manager, saysithatuomore bonds will be issued, except for the development
II
of the line westerly, and that it will require only about CO days
J
to pat the road in running order to the Hudson River. It is not
I
probable, however, that anything will be done before spring.
J The amount of bonds the company has the right to issue is $10,-
f 000,000. Old Berdell bonds are now convertible into stock of thenew company, and were Belling to-day at 31i in Boston and 33 in
J
New York. Six months ago bonds sold for 11. The managers,j*xpectina few days to put on through trains from. Bos'on to
/ Hartford, and connect here with the New Y'ork New Haven &Hartford Road.
! Providence, Oct. 18.—The New York & New England Bail-
! road Company today paid into the City Treasury the money to
I
redeem the bonds of the Harllord Providence & Fishkill Railroad,
and took • recalpt, Tlie boada will sot h» mtnaUni uUl th*pending suits are determined.
Illinois St St. LoaiR Brldge^In tha V. 8. Clreull Court ttSt. liouls, Judge Treat ha* made a deerae foreclosing tli« flrttand second mortgagea and the Hopplamaotary mortgaKu on thaIllinois & St. I,oul» Bridge, and all iia property and franchliaa,on the 20th of December next, nnteaa tha jadgmeota bernioforarendered, amounting to over $7,000,000, shall ho paid witblo tandays from the date of decree.The suit, the St. Louis 0M>« Democrat reports, was In the
names of John Plerpont Morgan and others, against the Illlnoii kSt. Louis Bridge Company, and there la a croaa-blll of John A.Stewart and Solon Humphreys, truateea of tha flrat mortgage,and a cross bill of Solon Humphreya and John A. Stewart,trustees under the second mortgage. AH the parties In Intereatwere represented In the trial, all desire the sale of the bridge,and the sale will convey a full and clear title to all the property,franclilaes, etc., inclading a number of valuable lots and parcelsof land in this city and East St. Louis.The decree sets forth that on the 17th of October there waa
due to John A. Stewart and Solon Humphreys, truateea underthe first mortgage, the sum of $4,006,571, In gold coin of theUnited Slates, which sum la ordered to be paid within ten dayafrom that date ; or the subsequent mortgagees may pay the alraveamount within ten daya, ana in the event of non-payment theequity of redemption is forever barred and foreclosed!That on the second mortgage bonds there was due to Stewart
& Humphreys, trustees. $2,000,000, gold, which, with ln>ereat,now amounts to $2,503,253, and if said sum is not paid withinten days the subsequent mortgatcees may pay, and in default ofpayment the equity of re(\emption shall be forever barred andforeclosed.
That a third mortgage was executed on the 3d March, 1874, toHumphreys, Taussitr & Vull, and on the 1st January, 1875, afourth mortgage to Humphreys & Stewart.That in default of the amounts directed to be paid within ten
days, it is ordered and decreeil that the bridge, its approacbeaand appurtenances, franchises and other property included in thefirst and second mortgages, and the lots mentioned in the supple-mental deed of trust, shall be sold by Ezeklel W. Woodward,Commissioner, as an entirety, at the east fr-mt door of the CourtHouse, in the city of Si. Louis, on the 20th December, 1878,between the hoars of 12 and d o'clock. The purchaser to paydown $30,000, gold, on striking off the same, and if not paidwithin an hour the property to be put up and sold again.
TERMS OF SALE.
On confirmation of the sale by the Court, the purchaser is to
pay, first, the costs of the suit and the expenses of the sale; alio,
the outstanding debts, etc., as certified by the commissioner, thatis, about 1370,000, more or less, in gold. The balance to be paid,
in cash at tue confirmation of the sale; but if the purchaser la abondholder, he may turn in his first mortgage bonds at such rate
as their face value bears to the entire debt due on the first
mortgage, and pay the balance of the first mortgage bonda in
cash, at a similar rate. And if the purchaser be a bondholderunder the first mortgage, other bondholders may come in as Joint
purchasers on the same terms. If the bid amounts to more thanenough to pay the first mortgage, the balance goes toward thepayment of the second mortgage, and the purchaser may turn in
second mortgage bonds after paying the first mortgage bonds.
The Commissioner is to advertise the sale in a St. Louis paper,
and also in a New York paper, and is to report the proceedings
to the Court; and whatever he does is to be subject to theapproval of the Court.
—The earnings and expenses for each of the three years endingon April 30, 1870, 1877 and 1878, were as follows
:
, For he years ending >
1876. 1877. 1S78.
Earnings t<l8,il6 |»^5.0M tMO.tMExpends 88«.lll «1,«7 «l,00»
Notlncome '. JlM^isS $419,777 $«19,9M
The above statement of net revenue for the paat two yeara
shows a balance of about $220,000 for each year, equal to a pay-
ment of 7 per cent on $3,113,850.
Indianapolis Blonmington & Western.—Receiver WrigUfareport for September is as follows
:
Balanre, September 1 ^S^Receipts ITI.IM
Total ^"^"JDlebursements in,oM
Balance, Octl »60.*»
The diabursementa exceeded the receipta by $2,063 for the
month.
Kansas Paclflc-Sx. Louis, October 22.—Sylvester T. Smith.
Auditor of the Kansas Pacific Railroad under the late receirera.
was appointed receiver of that road by the United States Court
tsday. vice Carlos S. Greeley resigned, and H. Villard removed.
The general outlines of the committee's proposed plan of
re.organizition was referred to last week. The pamphlet report
of the meeting of the Denver extension bondholders keli on the
18ih inst. supplies the following details.
The plan approved by the Committee of Three, Messrs. Meyer,
Rutten and Eadicott, has regard to the condition of tbioga thnl
will exist in 1806, and alms so to arrange the reorganization of
the new company that its future credit and proapority will be
now placed upon a secure basis. The committee recommend the
following plan : The road shall execute a new mortgage to tha
Trust Company, as trust- e, having forty yeara to ran. th»^,
bonds bearing 6 per cott interest per annum, principal and Inter- ,
436 THE CHRONICLE [Vol XXVIl.
est in gold, for |25,000,000, the bonds to be countersigned by tbeTrust Company tor the following purposes, aud no others
:
1. To the holders of the present Denver Extension 1 per centbonds, bond for bond, say $6,379,000
3. For the $3.t certificates, having the same lien as the 7 per centDenver £xtenBion bou s, the same proportion of new bondsand of income bonds, about five-sixths of $4 ,0,000. 375,000
3. In ee'tlf^raent with the holders of the unstamped mcprae bonds,fuch amount &> may be agreed upon, incase their bonds proveto be a pri(}r lien ,„,
4. To provide means for paying the expenses of foreclosure pro-ceedings and cost of rc-orj;anization, if uo other means shallbe available .,,.
5. In case an arrangement should be made with the holders of theLeavenworth Branch bonds after foreclosure, such amount aamay be agreed upon
These are all that would be issued at present.
6. Such amount as may be necessary to take up the interest certifi-
cates due 1886. amouniing to $850,905. If the U'^w bonds atthat time will bring only 95 per cent, this would require 900,000
7. Such auiount as may be required to furnish the means for re-
demption of the Eistern and Middle Division bonds, maturingabout 1696. At that time the proposed sinking fund ought togive them a credit that would malce them sell at par, 88^ 6,303,000
8. Snch amc'Uot as maybe required to pay the Government lien doein 189B 6,30?,OO0and balance of interest, perhaps amounting to 3,i00,00Oassuming that the consolidated bonds will then sell at par.
It will be observed that this scheme does not propose the issusof a single bond for any purpose but to provide for the DenverExtension bonds and liens prior thereto, with the exception of
the small amount that may be required in case of liability uponthe unstamped income bonds, and in exchange for the Leaven-worth Branch bonds, if satisfactory terms shall be arrived at, andfor procurement of funds for the expenses of forecloeure and ro^
organization ; and that the greater part of the issue will have noexistence until 1896.
To insure a standing that will enable the company to
sell the large amount necessary in 1896, and also to at
once place the new issue of 6 per cent bonds in high credit,
it is essential that a strong sinking fund be establishedas soon as possible, in order that the company may profit
by the advantage of compounding interest for a longterm rather than a short one. It is proposed, therefore, to
apply the first surplus available, after paying all interestcharges and putting the road in good order, to the extent of
$600,000, to the purchase of the new consolidated 6 per centbonds, the same to be placed in the sinking fund, and theinterest therton to accumulate and be constantly invested in thesame bonds. Also, after the payment of $600,000 shall havebeen made, a payment of f50,000 shall be made every six monthsto the sinking fund, if the earnings of the road are sufficient,
after paying interest upon the first mortgage debt, to be investedin like manner.The following estimate will show the probable accumulation
of this sinking fund :
$600,000, with, say, an average of 15 years' compound interest |1,4 0,000$100,000 annually for 13 years compound interest l,H5i!,0i:0
$3,3ii,fiOOsappcelng the bonds to be bought at par.
Whenever the sinking fund shall be sufBcient, with the subse-quent accumulations of interest, to discharge the whole debt ator before maturity, then no further payments shall be made tothe sinking fund.The interest cherge upon the company will be no larger than
at present until 1896, being as follows :
C per cent on Eastern Division. $2,210,000 $134,4i'0
6 per cent on Miadie Division, t4,OK.3,000 i4 1,1806 per cent on interest c^'nificatei', $850,905 81,054e per cent on consolidated bonds, $7,800,000 . . 452,000
Absolute interest charge , $861,j34
laeome Bonds.—For the overdue interest, funded or unfunded,upon the Denver Extension bonds, now amounting to $1,795,-178 18, and which will be increased by any furtlier delay inpayment of interrst, it is proposed to give Mortgage IncomeBonds, having forty years to run, entitle4 to 6 per cent perannum, such interest '.o be cumulative, and no dividend to bepaid upon the stock until all arrearages of interest are paid uponthe income bonds. To create a sinSing fund, for the retirementof income bonds, tlie Deliver Extension lands, with all contractsof sale for the same, and all sums of money hereafter receivedfor account of sales of said lands, shall be mortgaged to trustees,the cash proceeds thereof, after paying all expenses on accountof said lands, including taxes, to be devoted to the purchase ofincome bonds.
Stock.—To compensate the Denver Extension bondholders forthe reduction in the rate of interest from 7 per cent to 6 per centper annum, and for the delay in the payment of interest uponthe income bonds, a suitable allotment of stock in the new com-pany should be made to them.
Resolutions were adopted approving of the plan and continuingthe committee of three witli full powers to act in all matterspertaining to the purchase and re-organization.
Montclalr & Greenwood Lake.--Thia road was finally soldin foreclosure Oct. 12, and bought, as reported, in the interest ofthe New York Lake Erie & Western Railway. The N. Y.?Yw»e« gives the following version as furnished by a gentlemanfamiliar with the facts :
" The bargain was consummated at thelast moment, late on the afternoon previous to the sale. No for-mal action had been taken by the officers of the Erie Company,but it wag regarded as exceedingly important that the propertvshould not go into the hands of any rival corportation, as anextension of the Montclair Road to Goshen would be severalmiles shorter than the Erie route, and would seriously interferewith the latter's local business to that point. Formalities weretherefore waived. The check of the company was given for the
road in lieu of one that had previously been prepared by Mr CyrusiW. Field. The amount was $156,000. By the terms of the!bargain, the company also purchased the following first mort-1gage bonds at 50 per cent of their par value, with the 5 per cent*paid-up assessment added: Cyrus SV. Field and his nephews
'
$175,000 ;Arthur W. Benson, $100,000 ; M. K. Jesup Paton &i
Co., $80,000; W. C. Sheldon, $20,000; Abram S. Hewitt, $70-1000. This brought the total cost up to $450,000 and gave thelErie Company the majority not only of the old bonds but also ol'
the proposed new issue. There is considerable ill-feeling amonjthe bondholders who were not admitted into the arrangement, anc'they are outspoken in accusing the members of the Purchasing'Committee of having taken advantage of their position to unload'their bonds without notice to their fellow-bondholders, in whospinterest they were supposed to be acting." * * * «
"To understand the situation more fully, it is necessary to knowthat the Montclalr Railroad only ran to Penhorn Creek, on thi'
other side of Bergen Hill. The Midland Railroad also terminateinear the same point. Mr. Tilden and the other officers of thi
two roads were the fortunate owners of about a mile and a halof tracic known as the Hudson Extension, and they were the
Hudson Extension Company." * * * •' It is supposed that thi
Erie Company will extend the Montclalr track in a southerl'direction across the marshes to its main line, and thence througiBergen tunnel to the Erie depot at Jersey City. This wilrequire only a quarter of a mile of track, and will destroy thi
usefulness of tha Hudson Extension Company's line, except ei
far as the Midland Railroad is concerned. It is estimated tbafully one-third of the expenses of the Montclalr Road were fo
terminal iacilities, and this will, of course, be saved under thi
new management. The Erie Company also provide by the parchase against any development antagonistic to their interest!
on t' e west. It is generally considered a good thing for thento have done."There is a question as to the value of the old second mortgag
bonds now. M'. Field thinks them good, and has paid tb
assesjiment on those he holds. Mr. Hewitt, on the couTrary, sav
they are valueless. Mr. Tilden seems to be of a similar opiniotas lie has not paid the aesessment on his holdings. The purchafing committee have issued a circular to the bondholdersnotifying them that the road has been bought in 'in thei
interest for $156,000; that re organization can be effected insid
of ihree weeks ; that the new fecurities are being prepared to
delivery, and that the road has been paid for and the deed passeand recorded.'
"
—The new owners of the Montclalr & Greenwood Lake Kairoad are to meet next Wednesday at Jersey City to elect a boarof nine directors of the new corporation, which will be orgauiz,'
under the General Railroad Law of New Jersey.
N. T. & Oswego Midland.—A meeting of representatives o
the holders of receiver's certificates and first mortgage bondholders of the New York & Oswego Midland Railway Companwas held this week. Out of the $1,352,555 of receiver's certif
cates issued, about $850,000 were represented at the meetinjThe first mortgage bondholders were represented by Mr. C. ^Jordan and Mr. N. A. Cowdrey. The object of the meeting was t
come to some arrangement between the holders of these respei
live liens. Mr. Stevens suggested that the road should be put i
thorough repair, and steel rails put down instead of the iron onei
Part of this expense could be met by the sale of a number (
engines that were unfit for service on the road. He submittedcondensed statement of earnings aud expenditures for the thre
years of his receivership. From this statement it appears tha
the excess of expenditures ovsr receipts in 1876 was $91,303 21
in 18J7, $12,026 21; and in 1878 (estimating for September$2,071 13. Mr. Stevens also submitted a report showing th
total amount of certificates issued by the receivers to dat
as follows
:
For vendors' liens on rolling stock purchased by the company $1.11,1'
For nutal of Utica and Rome railroads JlM,!*
For labor due employees of coxuiiaiiy 411,7'
For labor due employees ©f receivers 141,'lt
Total |l,:i6«,5;
Interest on above accined to October 1 415,3;
Total $1,767,8:
In addition to the above, there are outstanding receivers' not''
given for supplies amounting to $120,000, and bills due whicamount to about $50,000. The receiver also submitted a detaile
statement and analysis of the earnings and expenses of the roa
for 1877. He estimated the gross earnings from January 1 t
Septeaiber 30, 1878, at $558,000, and the operating expenses fc
the same period at $518,000, leaving a surplus of about $40,00(
He stated that all surplus earnings had been expended i
improvements on the property, wiiich, he said, was now in
much better condition than at any previous period of its existena
Mr. Stevens said that he thought that the future of the road di
not depend upon through business, which might be obtained b
connections or extensions, but upon the development of loa
traffic.
Mr. McDonald said the total indebtedness for rolling-stock an
lai)or was $1,767,892. Mr. Cowdrey said the first mortgacbondholders were willing to concede to the holders of receiver
certificates a priority on the property of the road to the amounof its income—to give them preferred stock that will entitle tbet
to the entire income of the road up to say 5 per cent. Mr. Job
Davenport, of the First National Bank of Richmond, whrepresents perhaps the largest Interest of the certificate holder!
said tliat he was willing to effect a compromise on the basis of
per cent the first year, 3 per cent the second year, and so on unt
7 per cent was reached. Finally, the following resolution waadopted
:
OOTOBKB afl. 1878. THE OHHONICLR 437
i,M,liMl Th«t this mdlnit Mlcol Xy balint. toUok iccoMIng to th«lr
'
, 'v to c^nfiT with the coiiimltli'.i nf flri>t miirt({«K« hoiicl.
..ii»thli- St >""ii« iiiirl"Miii\r «nil Katiiifurlory «i(.c;nriii'iit
P",, ,, IV Y.)ru' A OnwcKi) Midland l{.illw«y propeity msir bo
if.ii.f..rria I" ih- iKiH.ln ..r Ih,. p-TH,)..!. whn ,iro tl.o real owners nnnioly. a
,n?«i^rn. n,ny In which th«; .h.ll h.. r,.,.r...nn;.;<l ; and ih«i aft.r »nch
'Sn?^.. "'whlrhlho pr.'Si-nt -ociirlty hol,l,.r. .hilllo properly r,,i,rci<«i.le<l,
: ,. nppiiri'd hy tho »ild caniiilUi!". lo ho Buhiuiited to Iho
"
I
^.r'l. (i-Mlflrain* for i.1lmi«Iiu.-, ombodylnu i-uch plaii« an miiv"','
„nd tho Hiid commluoo »h«ll approvo and that Iho »alr
'vimnillUM' Irn.' !" n"»"-r m maKo ay air.om.'tit. and thov bo nqucsled
'oMbmlt m. plan which does not rorojinlzn ih.. rlRhl of Iho ccrilflcve hol.lcri
olh p:lnrlli e«ial.ll-hod In their favor hy th« docroo; and to report at a«
, .'va«po««ibloat a moctinx to bo called of tuo holdora of receiver'.
, I,.- (ollowinir coniinittBo was Hppoinled: W. 11. Wickhara,
omac nicmion, Win. H F.-nn6r. O. H. Williaraa, of Clinton, N.
,1 ,1m Davenport, \V. O. McDdwell and W. C. Whitney. 'Ilie
- then Bfljourned until Friday.
illDg to tbe decren of tlio United States Circuit Court for
hi! Soutliern District of New York, the receivers' certificatea are
Hn\ liens on tlie property of the New Vorli & Oswego Midland
Railroad; but an appeal by first mortgage bondliolders is now
penrtintf in the Supreme Court of the United States ; and the
.-nlidltv of some of the certificates la contested.
Ohio A Mississippi.—Mr. John Kinjr, Jr., receiver of the
)hio A MisaiKsippi Railroad, has filed the following, as his
September report, in tbe United States Cour;:
Rioiirta.
-lonhatidScptcmborl... tlMllS 551 fmm ftation adonis aliiS^S «i
1 roii.Uli-tor* 4,814 SO
iMlUidnsl ral.road companies, o:c 59,551 34
. express companies 8^ ^
ToUl |t3«7,956 57
DISBUnSSHENTS.
• OBChcrs nrlorti November 18. 1818 $716 ISO
\n»araire» prior to November 18, 1R7« _. .P °*•..., .I,.,,. .,.!,.,. .„,,„ni. to November 17. ISifi St5,48*i 1.1
nt to November 17. 1816 12,653 67
luent to November 17, lS'i6 6HI 67
,.„.,.,.,... i.;.i!>bcr 1, 1878J0,86277
Total $3S7,956 i7
Oregon & California.—A meeting of parties interested in
'» concern tooli place at Frankfort recently, at which |3,81!,-
i of bonds were represented. After some explanations
-iiisbed by Mr. R. Koebler, the first resolution of the committee.
fUthorizintr the purchase of the Oregon Central Railway by
aeans of the option tliey dispose of, was adopted by 2,750 votes
^ioat 234. The second resolution, respecting means and ways,
»as adopted by 2,645 votes against 109.
I'aris & Danyille.-Champaign. Oct. 24 —The Paris & Dan-
le Railroad, extendinir from Danville south through Paris,
.larsball, Robinson, and other large towns, to Vincennes, a, dis-
ance of 113 miles, was sold yesterday at Paris, under a decree of
oreclosuro of the United S'atea Court. Charl°s Ridgley was the
orcbaser, for tbe sum of $301 000. It is understood the Wabash.ailroad and tho Cairo & Vincennes railroad companies are
rsted in ih" purcliase. It has been for some time In the
Js of J A. Eads, as receiver, who has his ofiice at Paris.
:'onnsTlyanla Railroad.—The following statement of the
-mPB" "of all the lines of the Pennsylvania Railroad Company•»al of Pittsburg and Erie, for September, 1878, as -comparedirith the same month in 1877, shows
—
"Crease In irross earninE;9 of ^'11' mocre'ise in expenses of li,iii
A decrease in not earnings of 813S.5S0
The nine mouths of 1878, as compared with same period In
i\v
—
' in gross earnings ofcl'I'fo.*
'^...j in expenses of SM.iSa
An Increase In net earnings of 81,368.292
\il Hues west of Pittsburg and Erie for the nine months o'•< show a deficiency in meeting all liabilitjea of |391,063,
u;;^ a gain over the same period in 1377 of $23.5,904.
I'lliladclpliia & Reading.—A comparative statement of gross• ipiH, tonnage and passengers of the Philadelphia & Readingroad Company for the month of September is as follows:
eaOSS RKCEIPTS.
1678-
Mon'li.-"ad trafflc $67i.n:J^'. trafflc .Vi.nMi
ncoMers 38,334:noud coai ba^es ll,0;i
,'iul Ballroad Co $7TJ,4S0,:-eadlng Coal and Iron Co. 613,«66
Fiscalyear t'» date,
j8,9r7 m)640,964417.02979,(M1
Month.$1,881,581
iio.isas
4-2.202
12,748
l-lSCal
year to date.$9,,S;7,W5
7S5,t23sai,";*102,819
$10,144,4256,102,175
$l,527,4-;9
, 1,142.705
Total of aU.... ..11,101.747 $16,296,9€0
TOHHAOE A*J) PinSKNelBS.
$11,277,766r,»S8,62l
$a,o70,144 $19,201,390
^ii of coal on railroad.,oniof merchandiseasaengers ca: riod^ trataii'ted by steamjcolllera
3S7,sa926i.3i96J3,6/4
4.409.9992.6»<,!'87
5,3.13,971
49,!18 484,720
TONS or GOAL MINED.f^oal and Iron Co.nants
otal mined from lands«wned and controlledby Company and fromuehold estates
139,7.H6
63,079
202,(16
2,049.749SiS.KSS
»,87J,5:8
8M.116287.5f>2
682.731
5.'),971
419,602160,9^1
aao,s3S
^.78n.8W2,598,9045,572,991
482,947
2.980,378l,0t9,.'47
4,070,336
Tbe reduction of receipt* li don to ibe reittrletlon o( loti pro.ductioo, the mines harlnir been woriied but aio* <Uye io Sep.tember, 1878, aKalnat a full month Id 1877.
Railroad Kates In Kngland knil (he Unltnd RIaUw.—Atthe half. yearly meetlog of tbe (treat Weetero Killwar Company,of England, receotly held in London, a reference was loede tothe passenger rate< on a portion of the lloea of that cnropany.which shows that charges on many Amrrlcao railways are lowerthan the corresponding charges oo Kngllsh linen, or, Indnwl, oatbe lines of any other exteoaive railway lyatmn In Ibe world.The circular of Messrs. Satterlbwa'te Si Co. ouaameota ••
follows :'* The rates on the Great Western arn, therefore, Io
American cnrrenCT, about ^\li for Brat.class aecommodatloDS, orat tbe rate of about 'U^ cents per mile; for eeeoud-elaaa *rr)e*$10, or at the rate of about 4 1-8 cents permile; and for ibird-elaMaccommodations, $7 35, or a llttld more than 3^ ceoM per mtla.These charges are much hieher than those commonly impoeedupon tbe railroads of the New Englan'l, Middle and WesternStates, which h&ve a considerable paseenger tralHc. The conlraatis especially striking Iwtween tbe cost ol travelling in AmericMtsleeping or parlor cars, which undoubtedly furnish accommo-dations that are, in many respects, superior to those obtained bythe passengers who travel in the first-class English cars, at leas
than one-half the money demanded for travel in the flrtt-clasa
carriages of the Great Western ; but even the rates charged forthird-class passengers, of whom there were sixteen millions dur-ing the last half-year, are far above tbe average rates prevailing;
for the best accommndallons Am, railways a0brd. Thi ErieRailway, for instance, iu Its last report to the New York StateEngineer, stated that the rate of tare for pasaengers charged for
the respective classes per mile Is as fo lows : For Brst-claa*
throun^h passengers, 1 49-100 cents; for first-class way passen-gers, 3 2-100 cents ; lor commutation passengers, 75-100 cents; for
emigrant through passengers, 1 71-100 cents," Tbe New York Central returns were as follows: For finit-
cla=s through passengers, 1 87100 cents ; for flratclasi way pas-
sengers, 2 and 2 50 100 cents; for second-class through paasen-
gers, 1 58100 cents ; for secoud-class way passengers, 2 cants; for
emigrant through passengers, 1 l'.2-100 cents ; for emigrant waypassengers, 1 25100c«nt«."The report of the Pennsylvania Railroad Company, made to
tbe State of Pennsylvania for the year 1S78, gives the following
returns : For first-class through passengers, 3 5-10 cents ; for first-
class way passengers. 3 cents; for second-class through passen-
gers. 2 cents ; for emigrant way passengers, 1 6 10 cents.
"The charges for carrying freight, per ton, between Philadel-
phia and Harrisburgb, a distance of 112 miles, nearly as great as
between Derby and London, are as follows: First class, $6;second class, $5; ihird class, $4; fourth class, $3; which, it will
be seen, are much lower than the charge for the corresponding
service on tbe Midland road between London and Derby, even if
the •' small wares " spoken of are rated as first-class freight.
The contrast for carrying freight between competitive piints is
still more marked. The rate per ton between Manchester
and I>ondon, a distance of 190 miles, allows the English
company a trifle more than 3i cents per ton per mile, and it is
only a very small proportion of the through or competitive busi-
ness of American railways on which such rates are imposed.
The rates on first class freight from Pbiladelpbia to Pittsburg,
a distance of 385 miles, or nearly twice as great as the distance
between London and Manchester, are only $7 40 per ton, or less
than 20 per cent higher than the charge referred to as one which
makes an injurious discrimination against the town of Derby, for
transporting freight for 190 miles. In the west-bound competi-
tive freight ssnt over the long distances between the Atlantic
seaboard cities and important western points, many instances
doubtless occur in which first-class gioJs are carri>d ten times
the distance between Derby and London for not more than double
the charge per ton made for conveying goods between these points.
The east-bound freight tarifl's, generally speakmg, are infinitely
lower than the charges fur west-bound services."
St. Louis Alton & Terre Haat«.—A meeting of tbe first mort-
gage bondho'ders oi the St. Louis Alton & Terre Haute Railroad
Company was held at the company's offices. No. 12 Wall street,
for the election of a trustee in the place ol the late Robert
Bayard. Mr. John S. Barnes, of the firm of J. S. Kennedy &Co., was unanimously elected for the unexpired term.
Wabash.—The following is an abstract of the report filed by
the Wabash Riiiiroad Companv by order of the United Sutes
Circuit Court at Springfield, 111. The report covers four montha
of the current year's business—May 1 to August 31 :
Gross earnings fcr four months 'JS^UJOperating' expemes 1.24a.7M
Net earnings for fonr months ... •—The pavmcut^ except for operalIn« expenses for tbe same Mme,
were reported as follows; Ml ISI
$«>1.»T»
Fi>r rtntalaTaxe- and innu'-anco. 6e,«»5
O account of Wabash Kqnipinen't Co SJ-J™I'urcbiiseofP L P. Co. cars "«»rutchase of Madlsou Co. KB fcocosInterest on funded debt '
$ua,ltS
PaymoLU over not earnings '"Il "VT
Washington City Virginia Midland A ttreat Sonthern.-U
was stated in tbe last Chroniclb that the WjJP"" ?» '»".^"^^g& Alexandria U. R. were be'ng paid; but it should be understood
t^,at the July, 1878, coupons of the Orange A'""-!'!' *Manassas Road are not being raid. The 1 tier road '• l-""^**
the Bait. & Ohio Railroad at $S9.250 Bold p«r annum-8 par cent
on the Ist mortgage—and a few days ago an order was made by
°he wVrt that the lease money be applied to past du. coupons.
II
438 THE CHRONICLE. [Vol. XXVIl.
CoSSEKcIlLrEPIToEFriday Night, October 25.
We have had this week more seasonable weather, frosts havingextended to Southern latitudes, and the air is clear and bracing,
yellow fever is consequently near an end in the Southwest, at
least so far as it has any commercial significance. The dis-
turbed condition of the money markets, at home and abroad, is
also much abated. Thus most of the obstacles to mercantileactivity, which have been felt more or less, are removed. Butprices of staples of agriculture have declined to such low figuresthat the profits of growers are largely swept away, leaving themwithout means to purchase goods to the extent they otherwisewould. Therefore the early promises of the autumn season arenot likely to be fully realized, and the prospects of the immedi-ate future are less flattering. Still, it should be remembered thatno crops were ever grown in this country at a less price.
Pork and lard have shown weakness from day to day, and at
the close quite broke down under the tenor of Western advices.Old mess pork closed with free sellers at $8 25, and there was apressure to sell for future delivery, which carried prices diwu to|8 05 for November, and |8 15 for December. New for January•was offered at $9 40, with bids reduced to $9. Lard declined to|6 40 for prime Western on the spot, with closing sales for futuredelivery at |6 37i for the next two months, $6 45 for January,and $6 52} for February. These figures are their own comment.Bacon has ruled dull, and Western long cl«ar sold to-day forJanuary delivery here at $4 85 per 100 lbs. Cut meats generallyquiet, but pickled rib bellies, medium and light weights, have bada fair sale at 6i(g6ic. Tallow hag been more active, but closeddull at ejc. for prime. Beef meets with some inquiry, and Phila-delphia India mess has sold at |18 50 per tierce. Butter has beendull, but choice grades are scarce and firfh. Cheese was moreactive, and closes steady at 8i@9ic. for prime to choice factories.Kentucky tobacco has been active, the sales being liberal to
fill Regie contracts, but at a material decline in values. Thesales for the week are 1,850 hhds., of which 1,C50 for export and800 for home consumption
;quotations are reduced to 3@4Jc. lor
lugs, and 5^@tlc. for leaf. Seed leaf also more active, therebeing a disposition to close out stocks. Sales for the week are350 cases 1877 crop. New England, 10@25c.; 1,237 cases 1877 cropPennsylvania, 7i@205.; 100 cases 1872-6 crop, New England'12@20c.; 37 cases 1876 crop. State. 7}c.; 93 cases 1877 crop, Ohio^vi@81c., and 434 cases 1877 crop, Wisconsin, 7@llo. The busi-ness in Spanish tobacco has been limited to 500 bales Havana at85c.@$l 10.
There has been little of importance done in coffees, either inEio or mild grades
;prices are without further changes, though
no undue steadiness is noticeable ; fair to prime cargoes of Rioquoted at 15i@10ic. gold ; stock on the 23d inst., 25,580 bags infirst hands. Rice has been in fair jobbing sale at previous figures.Molasses is unusually quiet ; the stock of foreign grades here isof an inferior and unsatistactorv quality, such as buyers neglect;Cuba 50 test refining quoted at 32@33c.; new crop New Orleans hasarrived freely, but is quiet, and quoted at 40@50c., and old 25@40c Refined sugars have been quiet and are quoted a triflelower
; standard crushed, 9Jc. Raw grades have continued dull,and some irregularity and weakness in reported ; fair refiniutrCuba, 7i@7|c. ; good do. , 7i@7|c.
Stock Oct. 1, I8T8 57,878 9,110 79.90i 1 ;(i5Keceipts since Oct. 1, 1878 84.8).^ Il,4a5 147,i!08 '739Salessincc J8,927 11,833 l.i0,407 1,33!Stock Oct. 23, 1878 55,691 9,213 96,706 1571Stock Oct. 34, 1877 62,063 81,333 137,034 i;303
Although the calls for ocean freight room have been rathermoderate, yet in the absence of superfluous offerings, rales haveadvanced a trifle, and are maintained with firmness. Lateengagements and charters include: Grain to Liverpool, by steam,7}d., eOlbs.; cheese, 423. Gd.(g47s. 6d. per ton; bacon, 373. 6d.;cotton, 5-16d., compressed
;grain to London, by steam, S^d.; flour,
by sail, 23. Cd.; do. to Bristol, by steam, 33.; gram to Glasgow, bysteam, 5Jd.; do. to Avonmouth, by sail. 7id.; do. to Cork for orders,58. 74d.@0s.; do. to French ports, Ss. 9d.@53. 10}d.; refined petro-leum to Trieste, 43. 6d. ; do. to Valencia, 43. 9d. To-day, businesswas again limited, but rates remained steady
;grain to Antwerp
or Havre, 5s. 8d. per qr.; crude petroleum to Marseilles, 49. 4d.;do. to Havre, 33. 6d.; refined do. to Cork for orders, 43.; do.to Algiers, 4s. 6d., and 24c., gold, for cases.The movement in naval stores has continued quite limited, yet
few, if any, material changes in quotations can be noted ; spiritsturpentine closes at 28ic. bid, and 28fc. asked; and common togood strained rosins at $1 37i@$l 427. Petroleum was still
dull, with quotations more or less nominal ; crude, in bulk, 5c.,and 9}c for refined, in bbls. American and Scotch pig iron con-tinues quiet, and prices about as last noted. Raila have remainedfirm, with a good business in old iron reported, embracing ful'y5,000 tons here at $18 50@$19(a|19 25. closing at the latterficrures, and 0,000 tons for Pittsburg delivery at private figures.Lead is unusually firm at $3 67|@$3 70 (per 100 lbs.) for com-mon domestic Ingot copper has declined to 15Jc. for Lake, withlittle or nothing doinsr. Hides have been dull and furtherdeclines have taken place. Grass seeds dull at Gf@7-io. per lb.for clover, and $1 15@*1 20 per bu-hel for timothy. Wbi=key.«1 09@$1 10.
^
COTTON.Friday, P. M., October 25, 1878. !
The Movement of the Crop, as indicated by our telegramifrom the South to-night, is given below. For the week endingthis evening (^Oct. 25). the total receipts have reached 162,231?
bales, against 168,233 bales last week, 148,158 bales the previon'week, and 130,990 bales three weeks since; making the total
receipts since the 1st of September, 1878, 848,075 bales, agtdns
'
555,038 bales for the same period of 1877, showing an increase sine
'
September 1, 1878, of 293,037 bales. The details of the receipts foj
this week (as per telegraph) and for the corresponding weeks ofour previous years are as follows:
Keceipts this w'k at
New Orleans...
MobileCharleston ,
Port Boyal, &c.
.
Savannah ,
GalvestonIndianola, &cTennessee, &c-.
Florida
Scortn Carolina.
Norfolk
City Point, &c..
Total this week . .
.
Total since Sept. 1.
1878.
13,985
7,661
26,052198
37,96525,075
643S,28G k
3,188
7,40323,318
8,462
162,236
848,075
1877.
38,523
14,06722,751
59628,13219,879
301
1,519
1987,148
20,534
3,961
157,609
555,038
1876.
42,683
16,034
26,970
3,095
20,896
18,363
6640,584
7287,490
30,108
996
174,01';
807,646
1875.
38,519
14,675
24,152
68130,224
23,024
1,190
7,418
6695,952
22,763
1,378
170,645
740,500
1874.
34,37 I
12,32]
24,62'!
58
34,441
11,83'
39'
i
4,411
58'
1
5,24
20,59
:
67'
150,08
651,25:
The exports for the week ending this evening reach a total o
96,450 bales, of which 69,782 were to Great Britain, 9.650 U
JFrance, and 17,018 to rest of the Continent, while the stocks a;
made up this evening are now 416,540 bales. Below are thi
stocks and exports for the week, and also for the corresponding
week of last season.
Week EXPORTED TO— Totalthis
S<imeWeek
STOCK.
ending Conti-Oct. 25. Britain. France, nent. Week. 1877. 1378. 1377.
N. Orl'ns 5,711 2,554 1,063 9,328 18,862 46,071 95,75',
Mobile.. 5,580 5,580 11,324 21,12;
Charl't'n 12,889 4,009 7,074 23,972 880 79,807 53,77-
Savan'h. 6,308 6,900 13,208 7,843 119,101 60,36:
Galv't'n- 6,122 3,087 9,209 9,690 68,943 45,83:
N. York. 17,507 .... 1,373 18,880 8,105 40,002 36,98-
Norfolk- 9,098 9,098 1,891 21,292 18,461
Other*.. 6,567 608 7,175 3,825 30,000 32,00(
Tot. thUweek.. 69,782 9,650 17,018 96,450 51,102 416,540 364,30ij
Tot. since
Sept. 1. 231,303 17,098 43,956 205,417 158,565" The exports this week under the heHd of -otiier pons" inemae, iroiu Walt)
more, 2,(>i)2 hales to Liverpool and i(C8 bales to M-e i en ; from Borton. 1,h5
bales t i Liverpool : from Philadelphia, 337 bales to Lire pool ; from VVilmingion, 2,282 bales to Liverpool.
In addition to above exports, our telegrams to-night also givi
us the following amounts of cotton on shipboard, not cleared, a
the ports named. We add also similar figures for New Yorkwhich are prepared for our special use by Messrs. Carey, Yale
Lambert. 60 Beaver street
:
OCT. 25, AT-
New Orleans.
MobileSavannahGalvestonNew York
Total 60,189
On Shipboard, not cleared—for
Liver-pool.
6,500
3,774
28,000
18,1403,775
_ Other Coast-France. Foreisn wise.
3,250
None.
4,000
3,542
500
16,292
8,750
2,000
18,000
2,158
1,500
32,408
None.
None.
3,000
1,967
None.
4,967
Total.
23,500
5,774
53,000
25,807*7,975
116,0.56
22,50f
5,551
66,101
43,131
32,02;
169,314
* Included in this aiuoiuit there are 2,200 bales at Presses tor loi
ports, tUe destination of which wo cannot learn.From the foregoing statement It will be seen that, compa
with the corresponding week of last season, there is an inereas^
in the exports this week of 45,348 bales, while the stocks to-night)
are 52,23 4 bales more than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to Oct. 1 8, the latest mail dates^ i
RECEIPTS SINCESEPT. 1.
EXPORTED SINCE SEPT. 1 TO—Stock.Posts. Great
Britain.Other
Foreign1878. 1877. France. Total.
N.Orlns 60,463 69,930 17,575 2,553 846 20,974 38,642
MobUe. 22,204 36,796 1,100 1,100 14,345
Char'n* 145,425 07,635 15,292 2,913 10,804 29,009 79,291
SaVh.. 208,989 9^,554 24,431 1,250 8,123 33,804 102,655
Galv.- . 120,374 68,107 13,486 1,572 15,058 57,612
N.York 10.333 1,139 50,451 ' 732 1,481 52,664 48,676
Florida 2,425 412N. Car. 25,705 15,814 7,625 7,625 9,627
Norf'k* 80,594 39,542 10,655 10,655 18,000
Other.. 9,327 3,494 23,906 4,112 28.078 8,000
Thisyr. 685,839 164,581 7,448 26,938' 198,967,376,848
Lastyr. 397.429 81.834 7.680 17949 1 107.403 282.060
• Unaer the bead of Ck'trleMon is iacluiled Port Koynl. Ac; under ilio tieftd ol
G(7/re*(f'm Is include! ludlauola, &c.; uader the head otNorfolkia locIiiJed UtyPoint. &c.
These mail returns do not correspond precisely with tlie total
i OOTOBKR 20, 1S78.] THE CHRONICLE. 439
lio tolrf^rapbic fi^urus, because id preparing them it is alwaysicMtaary to iucorporatu every correction luadu at the ports.
Tho lunrkot for cotton on the spot has further declined the jmHt
'cek, quotatlonH beiuj; reduced ic on Monday and again \c. onInesdny, bringing middling uplands down to 0|c. , or more
,ily to their value for early delivery. There has been a fair
winning demand and some business for export, but tho mostJiispicuo\is feature of the trade has been in cotton in transit.
b-day, there was a further decline of 1-lOc., middling uplandsMm quoted at 9 11-lOc. For future delivery the speculation
uioeeu quite excited, tlie sales exceptionally large, and the fhic-
atlons wide. Tlie improvement noted on Friday last was notstained on Saturday, because Liverpool did not respond; and
•I' liiy, under continued unfavorable foreign advices, the
i-ame panicl<y, prices for tho early months going 8 to
poiuis below the extreme inside i)rices of tho previous Thurs-ny. There was a weak opening on Tuesday, November selling
/low as 9'55, and .Tanuary at 9'03, but a quick recovery on thenre assuring linancial reports from London and Glasgow andle steadier clo^iini,' of tho Liverpool market. Wednesday wasiriable, but finally closed at a material advance, except October,nich felt the effect of tho decline in spots. A severe gale•asod over the Atlantic coast on Wednesday, and it wa-s reportedi 'Cliange to have done much injury to the cotton that remainediplcked. Yesterday, the Liverpool advices were disappointing,id prices again broke down, the early months being especially.pressed, but, except for October, stopping sliort of the insidepuesof Monday. To-day, the opening was lower, follov.od,
Swever, by some recovery on steadier accounts from Liverpool,id the later months were higher.The total sales for forward delivery for the week are 398,900les, including — free on board. For Immediate delivery thetal sales foot up this week 9,127 bales, including 1,910 for export,Ml for consumption, 256 for speculation and 3,300 in transit. Ofle above, 500 bales were to arrive. The following tables showfe official quotations and sales for each day of the past week:
ttnrda.r, Oct. 19,•Friday, Oct. 25.
idlnarj- ^ lb.
Hot Oiflmary . .
.
'kkI Ordiuary. ..
HctGoodOrd....w MlddllneJ-lotLewMid....;ddllnfiiodMiddlinKMotGotMlMfd....'.Idling Fair
UPLANDS.
Sat. laon
89l8
911,0
«"io1010>4101a11H!>a
S
93bn9i6911,
9'a10181039lO's1113
idlnary ^ ft.
(let Onlinary .
.
'od OrdinarylictOiiodOrd...iwMiddlinKl-ictLowMid....ddllDK
• odMiddlinR.. .
(•lot Good Mid....Mdllngi'air.ir
Taea Wed
'''jfl
81^18
9lt„9'8
10181038lO'a1113
7^8
8ii?6914
UI18
9\10IOI410%nag
ALABAMASat. non8ie
9'l69»a91I18
l2"-IOI4lOis11liss
887,8
§,189%9lt,89'8
10181038lOTgIII3
N. OKLE'NS
Sat. nion
8%8»3l895l69%9"Sl8
1011610 14lOifl
10%HI4ll's
8I48II18
959913,B9"Sl8
10181038ID'S111811%
Tnes
87,8
gi!i«9389»,8
S,189^810%103810^8lllfl
Wed Tnes
778 8I4
85,68l'"8
8II18
9^1
8
914 9=8
97l8 913l8«».« 911,89% 101810 1038lOH lOSg10% III91138 11%
Wed8i8
89,8
S1189>99111891.'i
TKXA8.
Sat. non.
8%813i8
R?>89%91610lOhe1014IOI310%III4We
8I4
8"i893l8958913,8916,810%1038lOSsim11%
Taes
•'10
10lOHlOia111138
814
Si'i«
9»8
, 913ifl913,6
1018103a10»8im11%
W^ed
8%8918
S 189139i'l8913,8101014101a1111=8
• dinary ^ lb
Met Ordinary...'od Ordinaryl-iotOixKlOrd...Iw MiddlingHot Low Mid....iddllng«od Middling. ...I -lot Good Mid...WdUngFairflT
Th.I
Frt.
/ '8
85,8
§;*"91497,899169%10101410%1138
Z'l88I4
8%S'J893891a911,6
915l6103,8lOlIisIl"l6
Th.
7 '8
85,8
S, 189I4
97l8
S^89%10lOVt10%1138
Frl.ITh.
713l88I4
8%93i«93891a911,8916,6
103,61011,611616
8%S?185;i89i»
911,8
^913,6
10141019IIIISb
Frl.I
Th.
8I16
81s997,89689%913,8
103,8 IOI4107,8 101a1015,81 11119ie Ill's
8>8
S?1891l6919911,8913,
10
Fri.
i;i88>39
SI189689%916,8
103,6107,61015,6119|8
STAINED.
Jod Ordinary S lb,
Mot Good OrdinaryIw MiddlingIWHiig......
Sat.
8I4
8%9149=8
nion
8%8»89%913
Tnes
8%8689%9I3
WeA881a9938
Th.
88ifl
9938
Frl.
Ii°i«87j6
9618
MARKET AKD SALES.
SPOT M.VRKBTCLOSED.
.Quiet'II .[(Juiet, lowerJM. (jiiiet
4 .|Oulct, lower.JnwjVery quiet
Steady, lower..
E
SALKS OF SPOT AND TRANSIT.
Ex- Con- Spec- Tran- _,port. Bump. ul't'n git. Total.
500
206617593
296432470
1,158480825
1,9I0| 3,661
7
249
256
2,1001,200
3,300
796432
2,7772,9751,0731,074
DeUv-Saleg. erles.
64,70059,30097,20053,70070,60053,400
9,127 398,900
9002,1001,6001,6001,2001,300
8,700
for forward delivery, the sales have reached during the week38,900 bales (all middling or on the basis of middling), and theflowing is a statement of the siles and prices:
Foi OciotMr.es.
.WO.
.KMMO..WO .
xn..w..'.00..
soo..
kPOn.t.MUi 9 80»» »eo
12?:::::::r. &g
eta8-50
Dol»53B-5e|0-57
I
»589-58
Bs)«l.30040e200soo«00000
1,8001,900..400
WOO...300
CU.. 9'M9859-ae
.9-89
. 9-70
. 9-71, 9 W.9-73
,9-74
. 9-7B. 9-77. 9-7U. vra
Ualea.800100
Ctn... 9 80
.... fl-si
SOOlOOIW
.... 9-88
.... 9-83
.... vm18300
1
Po». N»Tember,1,700 9521,000. .,.. W51
CM. '.'.'.'.''.'.'. 906
Bale*. Cti.800 9-57
2.800 9-58a,100 9'SO1,100 9()01,800 o-ei1.9«0 W888,B00 9(13JDO 9-Bl
1,800 vaa400 9-6«400 9-67100 9-fti
.W 9-09
B*)n. uu.MfiOO 9-71)
14,800 9-7t104100 9-79IS.IOO U-797,400 U-7411.100 UW0,1)00 9-7BOJOO 9778.7110 9'7Hl.IOO 9-708,700 9M5,800 9-818,100 9-n6,700 9-884300 »'847,100 9«4,800 9-8*WOO 9-87aoo 9'Hu
8,700 990900 9-01100 9-93100 9M
147,700
For Febm»rT._1,0008,800...,1,800.. ,
800....800....
4,800....8,800.
9-789-77
,9-78
,0-79
,9-80
. 9-819-88
8.000 9-836,800 9'IM8,000. 9-808,800. 9-881,100 9H78.800 9-881,400 0-891.600. 9-90OflO HHI
1,600 9W8 900 0-9:)
1,600 9-M900 9-9i900 9-96800 9-97400 9-98
•IM.100.
so,aoo
410 9-80600 9-MI
»Sm.:. '.'.'..'.'.'. 9^0?
4,000 9-988,(00ilooo.
.. 9-98
IJVW1,7001,100
.. (-OS.. 9*97
IJOO900
1,100000
.. 9-98.. 9-09..10-00.. 10-01
ii»oTOO
i,aoo
..lo-oa
..10-08
100::,... ..10-06400100
. 1O-06,.10*07
400ICO
..10-08
..lo-oa
86,000
Far AprU.400 9-96800 -- o-fl«
1001.1008.8001,900
.. »-98
.. »99
..1000
..10^)18.800 ..10-0)1.600 ..10-081,000SOO ..10-00900 ..10-06
1,8001,100
.10-07..10-08
0001,900
10-09..10*10
100 ..10-11SOO109100
.10-13
.10*13
.1014100 .10- 13
D«l^«,KM.,
17,800
.I0-17
Bklu. CU,800 9^TOO 9-T8
MOC) 9*T44,100 9-78800 9*7n800 9-77100 9-(U100 O-Mil
100 9-MlWOO 9*»S
89,800
For D«c«mb«r.1,000 9-SW0,600... . ... 0*608,«00 9*618,000 9*084,000 9'«8TWO 9-648,700. 9*865.100 9*666,900 »*6T6,600 9-698,600 9-BU4,600 U-701,700 9711,100 9-78TOO 9*73
8,100 9T44,700 0-768JJ00 9*764J100 9*778,400 »*781300.... 9*79800 9-80100 0*81400 984600 9-so200 9*86800 9-88
91,300
For January.100 0-68800 9-83
1,700 9-6S8,600 icefl
2,900 9-073,000 9-6S8,400 9-69
The following•11 pd. to CTCh. 100
The following will show the closing prices bid and asked forfuture delivery and the tone of the market, at 3 o'clock P. ti.,
on each day in the past week:MIOOLINO UPLANDS—AMERICAS CLABStFICATIOlt.
exchange has been made daringJan. for Feb.
•.1
;. 'It
}<>" l'fi/7SO" lO-OB
ijnoo lo-et8*» 10-10TOO 10-11
8AN0 10-1*400 lO-UBOO 10*14600 lolft
\fiO0 10*18WOO 10*17800 10*18100 10*jS600.. 10*81400 lO-M800 lO-M
ujaoo:
For Jsat.000 10-18600 „...10*:4800 10-16600 10*17
IflOO lO-W400. 10>l»8(10 10*0800 i»n800880 10100100 .t.J04»
4,900For Jalj.
400 10*84400 10-86700 10*98100 10*8791)0 10*80200 10-31100 10*H
2,100"
the week:
Sat'day. Iflond'y T'adajr. Wed. Thurs. Friday.
Markets Lower. Lower. HlRher. Higher. Lower. Variable.
Sid. Ask Bid. Atk. £td. A»k. Sid. Atk. aid. Aik4 Bid. AU.Oct<iber.. 9*d3a84 9*66 a67 9*74376 9*78380 0*59360 0*61362Nov'mb'r. 9*77«78 9*57358 9*66367 0*753 - 0-593 - 0*62363December 9*79380 9*58®59 0*60370 9-78370 0-63384 0-60970January.
.
9*86»87 9*659 — 9-75376 0*873 - 0-739 - 0-79980February 9*95«96 9*74375 0*85386 0-873 - 0-83984 9-80900March. .. 10*03®04 9-843 — 9*95396 10-069 — 0*94305 9-909 -AprU....May
1012®14 9*943 - 1005 906 10-16918 10*043 — 10-0091010*22® — 10*03305 1014316 10*26327 10*143 - 10-18320
June 10*27 ai28 10*11 a 13 10*23325 10-32334 10*21323 10*27929July 10*32334 10*17320 10-28330 10-37340 10*26329 10*34936Tr. orders 9*85 9*70 9*80 9*80 9-60 9*65Closed- Firm. Weak. Steady. Firm. Firm. Firm.
Gold lOOia lOOJa I00>9 100 1« looa^ 10038Excb'uKe 4*78 1« 4-7819 4*7812 4*79 4*79 4701s
The Visible Supply of Cotton, as made up by cable andtelegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Oieat Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Oct. 2 >), we add the item of
exports from the United States, including in it the exports of
Friday only:1878. 1877. 1876. 1875.
Stock at Liverpool 306,000 425.000 544.000 587,000
Stock at London 33,500 27,500 34,000 56,250
Total Great Britain stock
Stock at HavreStock at MaracUles
Stock at Barcelona
Stock at HamburgStock at BremenStock at AmsterdamStock at RotterdamStock at AntwerpStock at other contl'ntal ports.
Total continental ports
—
Total European stocks.. ..
India cotton afloat for Europe,
Amer'n cotton afloat for Eur'pc
Egypt,Bra2ll,io.,aflt forE'r'po
Stock In United States ports .
.
Stock In U. S. Interior ports. .
.
United States exports to-day.
.
Total visible supply.balos.
Of the above, the totaU of
follows
:
Amertcan—Liverpool stock
Continental stocks
American afloat to Europe . ...
.
Unlte<l States stocktutted SWtes Interior stocks.
.
United States exports to^lay .
.
Total American bal«B.i;00V957 935,604 l,aie,5» 1.037,8
339.500 452,500 578,000 643,290
121,250 164,000 179,500 195,750
1,750 7,000 4,500 3,000
8,250 45,000 54,000 60,00O
4,500 11,000 9,000 15,000
23,750 45,000 47.500 30,000
34,000 31,500 55,750 55,000
7,000 0,500 13.500 11,0«0
3,250 9,500 14,000 6,250
9,750 8,250 14,000 9,000
213,500 326,750 391,760 385,000
553,000 779,260 069,750 1,029,250
102,000 49,000 180,000 210,000
) 205,000 113,000 163.000 170,000
17,000 29,000 41,000 39,000
416,540 364,306 516,782 405,837
45,417 42,299 63,743 53,842
21,000 3,000 18,000 32,000
1,359,957 1,374,854 1,052,275 1.038,019
American and oUter descriptions are as
148,000 176,000 197,000 310,000
166,000 238,000 299,000 168,000
205,000 112,000 163.000 170,000416,54045,417
364.306 916.782 409,83742,298 63.743 63,843
21,«00 3,000 18.000 33,000
440 THE (CHRONICLE. [Vol.. XXV 11.
East Indian, Braiil, <*c.
—
1878.Liverpool stock 158,000London stock 33,500Continental stocks 47,500India afloat for Europe 102,000Egypt, Brazil, &c., afloat 17,000
1877. 1876. 1875.249,000 347,000 377.00027,500 34,000 56,25088,750 133,750 219.00045,000 180,000 210,00029,000 41,000 39,000
439,2.50 735,750 901,250935,604 1 ,216,525 1,037,669
Total East India, &0 358.000Total American 1,001,957
Total visiWe supply 1,359,957 1,374,854 1,952,275 1,938,919Price Mid. Upl., Liverpool .... 6d. 69i6<l. C"!. 7d.
These figures indicate a decrease in the cotton in sight to-night
of 14,897 bales as compared with the same date of 1877, a
decrease of 593,318 bales as compared with the corresponding date
of 1876, and a decrease of 578,962 bales as compared with 1875.
At thb Interior Ports the movement—that is the receipts
and shipments for the week, and stocks to-night, and for the
corresponding week of 1877—is set out in detail in the following
Statement:
Week ending Oct. 25, '78.
1
Week ending Oct. 26, '77.
Receipts SMpm'ts Stock. Receipts Shipm'ts Stock.
Augusta, Ga 9,609 9,139 8,426 7,515 6,151 4,861Columbus, Ga
—
4,431 3,325 5.897 3.465 2,285 6,231Macon, Ga 3,927 3,461 6,859 3,403 2,933 4,230Montgomery, Ala 5,977 3,950 9,745 4,865 4.279 6,204Belma, Ala 4,800 5,100 6,243 4,293 4,031 4,739Memphis, Tenn.. 1,322 1,159 5,435 15,916 11,396 14,793Nashville, Tenn .
.
1.777 1,272 2,812 1,190 823 1,240
Total, old ports. 31,843 27;406 45,417 40,647 31,898 42,298
Dallas, Texas.... 2,034 1,906 1,563 1,148 311 1,104Jefferson, Tex. .
.
746 495 780 750 731 895Bhreveport, La .
.
2,038 1,310 4,090 2.531 1,482 3,690Vlcksburg, Miss . 33 5,423 4,538 2,787Columbus, Miss.. 691 326 1,869 971 902 1,548Eufaula, Ala 1,975 2,365 1,633 2,057 1,557 2,769Grlffln, Ga 1,720 1,484 1,743 945 517 1,155Atlanta, Ga. (est.) 5,000 4,300 6,154 6,184 5,558 6,666Eome, Ga 3,162 3,053 3,715 2,466 1,978 1,288Charlotte, N. C... 2,066 2,215 481 2,148 2.070 1,069St. Louis, Mo 24,052 16,746 28,591 10,953 6,736 12,365Cincinnati, O 1,903 1,877 1,818 3,042 1,717 2,740
Total, new p'rts 45,387 36,077 52,47.0 38,618 28,097 38,076
Total, all 77.230 63,483 97,887 79,265 59.995 80,374
Tlie above totals show that the old interior stockK haveincreased during the week 8,980 bales, and are to-night 3,119
bales more than at the same period last year I he receipts at the
same towns have been 8,804 bales less than the same week last
year.
Keoeipts from the Pl.vntations.—Referring to our remarksin a previous issue for an explanation of this table, we now bringthe figures down one week later, closing tonight
:
RKCEIPra raOM PLANTATroNS.
Week Receipts at the Forts. Stock at Inter'r Ports Rec'ptsfromPlant'nB
endtng-1876.
6,15.3
lb77. 18T8. 1876.
1
42,3:^
1877.
22,478
1878.
11,005
1876.11877. lt78.
Ang. 2. 8,691 3,6n 374 8,149
" 9. 6,871 2,108 8,069 35,182 21,674 8.346 1,204 410•' 16. 7.390 1,733 4, '5; 28,877 19,118 6,838 1,085 2,549
" S3. 7,161 8,614 6,699 23,691 n,6a' 5,999 1,965 1,186 6,460
" 8(1. 13,378 4.335 16,781 Sl,62' 16,878 6,593 11,214 8,011 15,784
Sept. 6. 19,78) 6.886 26.750 80,76u 1«,449 9,979 18.866 6,685 88,7t0•• 13. 41.467 18.109 47,431 23,431 16,27S 18,9.-1 41,457 11,933 47,431
" ao. efi,96S 28,345 74,355 23.904 16,104 86.377 6'),998 21,17: 74.355
" sn. 68, e4-) 43,1-J8 98,863 38,e3; 20,610 87,878 95,845 43,128 98,668
Oct. 4. J?8,199 lO.OtO 130,990 57,0 4f 89,780 47,208 182,199 70,040 130,990
" 11. 136,074 109,864 118,159 72,27: 41,891 59,S2S 136,074 109,864 148,153
*• 1-. 152,850 I35.0.J4 160 831 84,871 68,745 79,597 15;,8«0 135,054 160,833
" ». 174,617 15T,6J9 168,286 103,774 30,374 97.e87 174,617 157,e09 168,236
Total. 844,586 ,56S,93H 881,836 i 819.S14 559,431 875,368
This statement shows us that the receipts at the ports the past
week were 163,338 bales, received entirely from plantations.
Last year the receipts from the plantations for the same weekwere 157,609 bales, and for 1876 they were 174 617 bales
Weathkb Hbports by Tklegbapii.— It appears from our
telegrams to-night that the severe storm which passed up the
coa.st the past week was very little felt south of Virginia. Therain has not been excessive anywhere, and excellent progress is
maldng in gathering in the crop, which is being secured in fine
condition. Frosts are reported at many points, but generally not
killing frosts.
Galveston, Texas.—There has been no rainfall during the past
week. The days have been warm, but the nights have been
cold. Picking will be unusually prolonged, although there is
very little top crop. The thermometer has averaged 69, the
highest being t3, and the lowest 58.
Indianola, Texas.—It has not rained here during the week.
Picking is progressing finely. Average thermometer 69, highest
86, and lowest 53.
Corsicana, Texas.—No rain has fallen during the week. Weliave had warm days but cold nights, with a frost on one night,
though not a killing frost. The thermometer has averaged 63,the highest being 84, and the lowest 41.
Dallas, Texas.—The days have been warm, but the nightshave been cold. There has been no rainfall during the week.
We have had a frost, but not a killing frost. The thermometerhas averaged 63, with an extreme range of 41 and 84. Thefields are very white and labor scarce.
Brenham, Texas.— It has not rained here during the week, andwe are needing it badly for stock. Competition for labor is
running up the rate of wages for picking. We have had no
frost, but came near to it. Average thermometer 68, highest 79,
and lowest 44.
New Orleans, Louisiana.—It has rained on one day during the
week, the rainfall reaching twenty hundredths of an inch. Thethermometer has averaged 59. We have had a frost, but not a
killing frost.
Shreveport, Louisiana.—The atmospheric condition continue?
favorable to agricultural pursuits, and cotton picking remain*
active. The crop is being marketed freely, with good roads generally. Average thermometer 61, highest 78 and lowest 45.
There has been no rainfall during the week. We have hac
three frosts.
Vicksburg, Mississippi.—Telegram not received.
Columbus, Mississippi.—Tlie thermometer has averaged 61
during the we^k, and the rainfall has reached twenty-seven hundredths of an inch. We have had three light frosts.
Little Bock, Arkansas.—We had a light rain on Monday la.st,
but the remainder of the week has been clear and pleasant. TIkthermometer has averaged 53, the extreme range having been 3.'
and 71. The rainfall for the week is forty-nine hundredths of ar
inch.
Nashtille, Tennessee.—Rain has fallen during the past week or
one day, the rainfall reaching fifty-four hundredths of an inch.
The thermometer has averaged 51, the highest being 63 and tli(
lowest 39.
Memphis, Tennessee.—Telegram not received.
Mobile, Alabama.— It has rained on one day this week, showerj-
the rainfall reaching three hundredths of an inch. We have had
a frost, but not a killing frost, the killing frost being confined fe
the middle and northern portions of the State. Average ther
mometer 58, highest 78 and lowest 43.
Montgomery, Alabama.—We have had rain on one day the past
week, the rainfall reaching eiglit hundredths of an inch. Thfi
thermometer has averaged 61, the highest point touched having!
been 78 and the lowest 33. There have been two light frosttj
during the week. I
Selma, Alabama.—It has rained on one day during the weekjWe have had three frosts, two light and one heavy.
|
Madison, Florida.—Telegram not received.|
Macon, Georgia.—We have had a frost this week, but not ij
killing frost. '1 here has been rain here on one day. The ther!
mometer has averaged 66.
Columbus, Georgia.— It has rained slightly on one day tlii:
week, the rainfall reaching fifteen hundredths of an inch. Thi
thermometer lias averaged 63.
Savannah, Georgia,—We have had rain on three days, but th»
balance of the week has been pleasant. There was a light fros
here on tlie twentieth. The thermometer has averaged 60, th(
highest being 71 and the lowest 44.
Augusta, Georgia.—During the earlier part of the week i
rained lightly on one day, the rainfall reaching thirty-three hun
dredths of an inch, but the latter part has been clear and pleasant
Accounts are favorable, and planters are sending their cotton t<
market freely. Average thermometer 60, highest 73, an<
lowest 40.
Charleston, South Carolina.— It has been showery two days o
the past week, the rainfall reaching one inch and sixty-six hun
dredths. The thermometer has averaged 61, with an extremi
range of 47 and 77.
Comparative Port Rkcbipts and Daily Crop Movement.—
A comparison of the port movement by weeks is not aocitrat«,|
as the week* in different years do not end on the same day of the!
month. We have consequently added to our other standing-]
tables a daily and monthly statement, that the reader may con-j
stantly have before him the data for seeing the exact relative!
movement for the years named. First we give the receipts ati
each port each day of the week ending to-night.|
PORT BEOEfPTS FBOM BATDKDAY, OCT. 19, '78, TO FRIDAY, OCT. 25, '78.
D'ysof
we'k
NewOr-
leans.
Mo- 1 Cli.'vr-
bile. leston.Savan-nah.
Gal- Nor-veet'n. folk.
Wil-ming-ton.
Allothers.
Total.
22,516
34,634
22,873
23,157
25,37:
33,787
162.231
Sat..
MonTuesWedThurPri.
.
1,012
4,089
2,726191
3,5232,4-44
880483553
2,276
.2,171
1,293
5,420
5,720
3,982
3,658
4,439
2,833
6,140
6,834
7,680
7,047
4,621
5,643
2,842 3,969
10,373 4,457
2,216 4,357
3,383 3,922
3,842 3,470
2,419^ 3,143
1,923
1,176542762
l,'ja4
1,050
3241,497
8171,918
1,985
14,962
21,503Tot.. 13,985 7,661 26,052 37,965 25,075 23,318 6;677
The movement
«
"—
lach month since Sept. 1 has been as follow):
Year Beginning 8eptcml)cr 1. j
Rece
Sept'
Perc'
rcc
ipts. 1878. 1877. 1876. 1875. 1874. 1873.
Il6,25f
03-03j
mb'rtage
Bipts
288,848jf tot. port
Sept. 30..
95,272
02-19
236,868
05-87
109,077
04 03
134,376
03-84
This statement shows that up to 0;;t. 1 the receipts at the,
ports this year were 193,576 bales more than in 1877 and 51,980^
bales more than at the same time in 1876. By adding to the*
above totals to Oct, 1 the daily receipts since that time, we shall
(Vtubbr 30, 187&] THE CHRONICLR 441
jo able to reach aa exact comparisoa of the moremant for the
<lHl«rent years.
1878. 1877. 1876. 1876. 1874. 1873.
lot. 8 p.30 288,8.18 95,272 230,808 160,077 134,376 115,2.55
r»pt. 1.... 23.ft90 13,041 H. 14,531 10,714 7,501
a.... 23.283 9,741 30,711 12,090 10,511 7,089
3.... 17,537 12,170 15,021 8. 12,251 0,452
4.... 24,181 10,720 10,851 10,503 8. 5,702
9.... 22,8(12 12,003 10,107 20,110 17,584 8.
6.... 8. 10,210 22,115 18,078 17,743 8,708
• 7.... 25,800 8. 10,217 10,384 14,786 8,040
• 8.... 2-l,3(ii» 18,«0« 8. 10,445 14,416 7,011•• 0.... 24,900 21.523 32,ai9 17,384 18,207 8,009
• 10... 22,.'>311 10,304 21,533 8. 14,587 11,814
11... 27,022 18.r,0!> 20,72-2 32.312 8. 8,131
12.... 25,343 21.302 18,0.50 21,822 27,582 8.
13.... B. 14,875 20,348 20,570 20,714 10,470
11.... 20.402 8. 19,812 20,618 18,720 13,400
15.... 2tt,014 35,142 8. 25,171 18,-542 12,000
18.... 27,761 21,031 38,513 10,629 20,751 15,572
17.... 20,549 20,815 21,034 8. 16,819 10,981
13.... 31,161 21,350 27,821 29,753 8. 15,005
19.... 22,510 23,032 21.700 25,981 28,164 8.
20.... 8. 21,073 21,84:i 23,463 21,432 22,043
21.... 34,(i34 S. 20,017 22,054 20,034 13,'27'2
•22 ... 22,873 30,050 8. 27,825 23,267 18,053
23... 23,157 27,174 38,824 20,782 23,876 10,793
•24.... 2.5,275 26,000 . 25,325 8. 18,523 16,784
25.... 33,787 22,098 23,574 43,015 B. 16,107
Total 848,075 529,214 748,377 635,515 523,585 383,863
eeiooutiig a of total
port rocc>lpt« 1217 18-.53 15-10 14-97 1009
This 9 atement shows tllat the receipts sinee Sept 1 up to
o-oight a re now 318,801 ba es more than they were to the same
lay of the month in 1877, and 99,69'j bales more than they
ere to the same day of the month in 1876. We add to the last
able the percentages of total port receipts vvhich had been
•eceived Oct. 23 in each of the years named.
Indi.\ Cotton Crop.—The latest advices from Bombay explain
m<>ftiiing of our Bombay cable of September 20, which stated
itton is suffering in consequence of the continued rains."
s according to Messrs. Wallace & Co.'s report of Sept.
JO, tluit the special harm was in the Dhollerali and Broach dis-
ricts, and was slight there. When we received that cable des-
(Mitch our mail dates were only to August 8, at which time the
rains were very excessive, and we interpreted the despatch some-
what iu the light of those conditions. Soon after August 8, how-
ever, tliere was a change in the weather. In most sections rains
leased before harming the more forward districts, and where'•y were longest and most excessive dry weather permitted
sowing to be done. The Hingunghaut district, where the crop
^aa unusually forward and promising, continued to have more
ain than necessary, even down to about the first of September;
t though some anxiety was felt no considerable harm was
iiortfil to have been done, and later advices were better,
izenit, it was stated (Sept. 13), promised not over 75 per cent
a full crop. With these exceptions the outlook to September
was very favorable. The Bombay Prices Gwrrcitt, under date
ii September 13, says: " We may look for large quantities of
Oomras at the end of November and December, and Hingung-
Tiaut,s in November." Messrs. Nicol & Co., on September 12,
rote: "The prospe-cts of the coming crop are very encouraging,
^•iasouable weather, with occasional showers prevailing in most
' if the districts, and the plants are reported to be doing well.
"
li^ssrs. Wallace & Co., under date of September 6, report "morefavorably of the new crop, fine weather having prevailed in
most of the staple-growing districts. From DhoUerah and
Oomrawuttee hopes of large crops are now entertained, and
from the Broach and Hingunghaut districts we hear morecheerful reports, &c." Altogether, the news to September 20
vronld seem to promise an increased and earlier crop in the dis-
jrieta tributary to Bombay; t>ut in the words of Messrs. Wallace
(t Co., " wann, dry weather was much wanted all over the coun-
try, not only for cotton but for all other descriptions of
jiroduce."
KuROBS IN Cotton Chop Statemksts.—In our editorial
olumns will be found an article on this subject, in which our
readers will be interested. It is written in reply to a criticism of
he Liverpool Punt.
Itu.uii.M Suu'MisNTS.—Arcnrding to our cable despatch receivedo-dnj, ilifiu have Oren 2 000 bales shipped from BombHy loToat Kiitaiu ihe past w.ek and 1,000 bales to ih« Coniinxat
j
vhilb 'l)B r«ci-ip 8 a! Bombay durini; iliiB week liave been 3,000">»li-B 1 lie movfm-nt aince iho li«t of Jimoary is as follows.{Vhese flgures are brought down w Thursday, Oct. 24.
Bhlpinent* tbU week
187818771876
(Iroiit
Brlfn.
2,000
4,6o6
Conti-nent.
1,000
ToUI.
aiUpm—1» d»«e Jmi. 1.
are«tBritain.
Oontl-Bent.
3,000 3 1 7.n<)(t 388,000|;i7s,o<K):4rj.ooo
4.00ol5ft7.O<W)l374,«K)0
ToUL
705,000700,000031.000
neusim.
TbUWeek.
3,000
iaa.1.
From the tomgtAng It would appear that, compared wMiyear, there has been an inertatt of 8,000 bales In the week's ship-ments from Bombay to Kur<)|H', and that the total moramentsince January 1 shows a tUereiur In Hhipmentn of 80,000 bales,compared with the corresponding j)erio<i of 1877.
Clu.NNY Bags, Bauqin(i, Ktc—Bagging has Jx<come ratherquiet since our last re|)ort, and but few parcels have chanMdhands. The only demand is for Jobbing parcels, and at the c\o»»an easier feeling Is to be noted, and holders are now nuotinir 10*(^lOjc. for 1} lbs., lOJMIOJc. for 2 llw., and lie. for a? Ibo.
But'S are ruling quiet, but the feeling is still steady as to priee;sales are reported of 1,000 bales, on spot, at 2 H-16(^2Jc. forprime quality. The close is quiet, with holders asking 2 11-16(J2ic., cash and time.Thb Exports ok Cotton from New York this week show an
increase, as compared with last week, the total reachiog 18,889bales, against 17,103 bales last week. Below we give our nsoiltable showing the exports of cotton from New York, and theirdirection, for each of the last four weeks; also the total export*and direction since Sept. 1, 1378, and in the last column the totalfor the same period of the previous year:
Bxpoit»o<€ottoii(b»le«>fron» Wew Vorit •IneeMeoi.i, lgT8
ZrOBTBD TO
CaverpoolOtberBrltUhPorU.
Total lo Gt. Brllmln
HavreOther French ports.
.
Total French...
Bremen and Hanover.namborgOther porta
Total lo N. Earope
paln,Oporto&aibraltarAcAUotnera
Total Spain, Ae...
Grand Total.
Oct.2.
11,IS5
11,155
100
lOO
2C0
200
Oct
9.413500
»9I8
34}
1I.1S6 1D.2S8
Oct.16.
16,927
15.927
1,176
1,176
17.108
Oct23.
17.507
I7,!07
960
"m1,373
l8,^8»
Totalto
732
%fM
38 9711,38S
««S115
l.CW
swlOO
6,802
S,T62
t.S44 47,398
The following are tUe receipts oi cotton ai New York, Bosioi»Philadelnhiaand Baltimore for the past week, and since Sept. 1. '78
BSCS'TS TROKsaw TOBK.
1B08TOH. PHIUDBU-'likl BALTTKOBB.
Thisweek.
SinceSept 1.
Thisweek.
SinceSeptl.
ThlBweek.
Since1
Septl.
7;848
This 81nc«week. Septl
Hew Orleans.. l,5-i2
4,0W8,«3S
"430
4,375I,U078, -JOS
i»44,1)48
51
9,45248.8.S2
49,717
1,8'.8
80,6447.4-9
83.99775-i
14,881648
1,C20 9,m liosi
m428
2,948
SavannahXoblleyiorlda3'th Carolina.
14,9«l
6VlM
VhrglntsNorth'm PorttTenneeeee, AcForeign.. ....
liJSSS,3 )
1,33^J
7,i.Ml^ll754,S66
7
8,98s
Total tbie jear 27,721
27 5S7
19:,36'J
105,7.37
1
6,441 37,560 1,957 11,195 5,S3«
4,786
81.197
Total last jrear. 1 7,b39 23,4611 1,947 6,8.0 13.940
8HIPP1NQ NKW8.—The exports of cotton from the UnitedStates the past week, as per laUtt maU retams, have reached
81,049 bales. So far as the Southern porta are concerned, thee*
are the same exports reported by telegraph, and published In
Thb Chroniclb, last Friday. With regard to New York, »einclude the manifests of all vessels cleared ap to Wedneadaynight of this week.
Total bales.
New Tork—To Liverpool, per §te«iner« RcandlnaTla, 1,200 Brlt-
an'c 2,169 aad 10 Sja la'and... Gordon Castle, 2153 Wlscou-Bln. 3,263 ...Pascal, 3,100 .. Memling, 2,280 ... per ship St Mil-
dred, 3,332 17467To Bremen, per steamer Donan, BSO, CSOTo Antwerp, pT etcnmers August Andre, 23— Taderland, 200 ...
Sershlp Martha. -.iOO
BLBANs— To LivcriMol, per ateamer Cordova, 8,002
To Vera Cruz, per atiamer City of .Mexico, .199
CaARLB»TON—To Liverpool, per ateamcr Kuphratss, 4,827 Upland and83 Sea Island per oarka Uk-nola, 1,906 Opiand Winoaa,2,301 Upland •,••,••-.
To Havre, per bark Eratatnlngen, 1,118 Upland :.
To Uhent, per bark Dido, 684 Vplaod ............... ^ ..^Savannau—To Liverpool, per ship Thoobdld, 3,176 Upland. . . .ft oirKs
Lady Dufferin, 8,470 Upland. ...Tikonia.-i.67S Upland R2St
To Havre, per bark James B. Ward, 1,2,',0 Upland 1,280
To Genoa, per bark Adjn:or, 900 Bpland 900
TBXAe—To Liverpool, pcrateamerJainican,4Ji7....p«raWp Ingomar,
4 159 8,481
Wn-KiBOTON-To Liverpool, per baras Resolute, I.-W ..AUanU, l,S»a
Resolve, 1,877 ...Kaleb,680....perbrlgiJanl«, 9*7... Ksmx.j'oei e.MJ
NortoLk—To Liverpool, pertteamers BaenaTentnra, 4,100 .. Qlenlsla,
4 0;0....perbaVkM-fnnle,2,4»5 -.-1^— ii'***
Baltmobb—To Liv rpool, per itcamera Snrlqae, 1.436 .. llurroz,
2Q4I 4,fta
Tii'B.emen, per »iB«nj -r* B-aanMhweljr, 1,496. ...Bal lino e, lai.... 1,104
Ro«Tos-i" Liveipo.l i«rs eanicraBnlgannn, »» .. Cani.im :,-.8«.. I,Ti4
Pmi^ADBU-niA-To Llver,«»l, per steanicr British Empire. 1.000 Dm"euoi»
41S8.00*
^
Total.
442 THE CHRONICLE. [Vol. XXVIL
The particulara of these shlpmentB, arranged in our usual form
Md as follows
:
Liver- Bre- Ant- Verapool Havre, men. Ghent, wcrp. Genoa Craz. Total.
New York. ... 17,607 .... 950 .... 423!8,88J
HewOrleans... S,wa ... •i»9 3-^Oi
Caiarleston 9,120 1.113 .... h64 ... 10.91.
Bavannah 9,3n 1,«0 9C0 ... 11,471
Texas 8,486 MSBWilmington,... 6,945 °'9J'Norfolk 10,655 .... ... 10,655
Baltimore 4,476 .. . 2,101 6.?80
Boelon. . , ... i,714 ^-ji*
Philadelphia... 1,000 I-"""
423 900 399 81,049Total 73,816 5,863 3,054 6
Below we give all news received to date of disasters to vessels
ttxijiag cotton from United States ports, etc.:
VICTOBIA, etr. (Br), Williame, from Bofton at Livfrpool, Oct. IS,
experience! heavy weather on the paseage, thifted cargo aad lo=t
over 100 held of cattle overboard. ,. , ^ . ,„ .
OCTOBEB 16. Schr. Emma Crosby, Crosby, at New Tcork, 0,-t. 80, from
Charleston, reports Oct. 16, lat. 33.4U ion 76.35, saw a vessel oa fire,
burnt nearly do.vn to the water, apparently cotton laden, but it being
dark could not g«t her name., ,. . . ,,,,
OCTOBXB. A burning ship ^supposed laden with cotton, no flames visible,
was passed in lat 29, Ion. 7., by bark Marquis of Worcester (Br ), from
Madeira at Beaufort, S. C, Oct. 14, probably ihe same ves el seen Oct 7,
lat. 49.19, Ion. 75.60, by bark Deogaim (br.), at Charleston Oct. 9.
Cotton freights the past week have been as follows:
Liverpool.-BaU.
d.
—©9-34-@I-:5'J-f«9.3-3—@9-S3-®9-32—©9-3}
Liverpool, Oct. 25—4:09 P.
Steam.
a.
Saturday.5-16@Il-33Monday. [email protected]@ll-32Wed'day..5-16@ll-3!Thnr8day.5-16ail-33Frld^ 5-10@:i-32
Havre.—, .—Bremen.—
.
.—Hambarg-^Steam. Sail. Steata. Sail. Steam. Sail,
c. c. c. c. c. c,
?i cp. -®?i 11-16 comp. X H comp. —U cp. —&ii 11-16 comp. ys Ji comu. —X cp. —aji 11-16 comp. X a comp. —a cp. —®?i 1 1-16 comp. X X comp. —X cp. —@H 11-16 comp. (4 H comp. —J» cp. —@,;i U-16 comp. >tf % comp. —
M.—By C.vBi.H FnoM LiverPOOL.—Estimated sales of the day were 6,000 bales, of which
500 bales were for export and speculation. Of to-day's sales
4,650 bales were American. The weekly movement is given as
follows:
Bales of the week bales.
ForwardedBales AmericanOf which exporters took—Of which speculators took..
Total stock, estimatedOf which American, cstim'd.
Total import of the weekOf which American
Actual exportAmount ailoatOf which American
Oct. 4.
58,0001,400
44,000G.OOO2,000
351,000194,00021,0009,0006,000
141,00045,000
Oct. 11.
54,0004,000
40,0005,0001,000
335,000163,00042,0008,0007,000
123,00063,000
Oct. 18.
49,0002,000
36,0003,0001,000
301,000141,00018,00014,0006,000
170,000111,0001
Oct. 25.
41,0001,000
29,0006,0001,000
306,000148,00047,00037,0006,000
214,000147,000
BRE ADSTUFFS.Fbidat. p. M., Oct. S5, 1878.
,
There has been a firm and rather improving market for flour^
in the past week, but the activity in low grades, noted at tli.
close of last week, has been wanting, and the strength of thi
market has been rather the firmness of holders than the activit;,
of demand. Production is smaller than a year ago, and stock
j
moderate. Rye flour and corn meal have ruled firm. Yesterdaji
there was same revival of demand for common extras, severa
thousand bbls. selling, part for arrival, at $3 63@|3 75 to-day. '
The wheat market has been much less active, but reduce
receipts at the western markets, and anticipations of an improve
ment abroad, have caused stocks to be sparingly offered, an
'
given more strength to prices, not only for lots on the spot, bu'
for arrival in the next two months. Still, there has not beei
much buoyancy of tone. Latterly, the demand has run mor\
strongly on sprang growths. White wheats have become com
paralively scarce. Amber winter, yesterday, showed exceptioaa'
weakness. To-day, the market was dull, except large eale« o'
No. 3 spring at 84c. Amber Michigan sold at $1 03, and No.
white |1 04@$1 04i.
Indian corn has declined, and No. 2 mixed sold yesterday aj
46Jc. on the spot and 48|c. for December, with steamer mixed a
47ic. for November. The autumn has been quite dry over
large portion of the corn-growing sections of the country, and i
is believed that there will be early supplies of the new crop i
good condition. White corn was more freely offered, and decliDe
to 50c. for prime. Round yellow continues scarce and bring
relatively high figures. To-day, there was a further decline, t
46ic. for No. 2 mixed on the spot ; there were sales at 47ii!. fo
December.
Rye has been active at improving value.', about 100,000 bushel
having been taken for export at 56@56ie. (or No. 2 Western, an
59}@60c. for No. 1 State, To-day, choice Canada sold at 60c.
Barley has been more active, with a partial recovery of price
the sales including 6-rowed State at $1 05, and No. 2 Canada a
|1 15. To-day, the market was etrong but quiet.
Oats have been in but moderate supply, and prices are deare
though the demand is comparatively moderate. There was
small businfss do.ie for export to France. To-day, the nurkf
was dull, No. 2 grades closing at 28ic. for mixed, and SO^c, fo
white.The following are the closing quotations:
The following table wiU show the daily closing prices of cotton for theweek
:
Spot. Saturd'y.
Mid. Upl'ds ...® 63i6Mid. Ori'ns. I .
.
.-a 6»ia
Monday.
..•Si 6^2
Tuesday.
...® 6l8
...® 61s
Wedn'sdy
...® 6l8
...® e^a
Thursd'y Friday.
..® 6iie
..'a) 6"i6
...® 6
...® 6=8
Futures.
These sales are on the basis of Uplands, Low Middling clause, unlessotherwise stated.
Saturday.
Velirery. d.
Oct 6832Oct.-N0V..513l6®
2532®%Nov.-Deo 52132®^Jan.-Feb 5''8
Delivery.Oct: 61i6®l32OOt.-NoV 53l®2333Nov.-Dec 55s®'%2Dec. J.an 59ieJan.-Feb S^igFeb.-Mar S^ie
Delitcry.Oct 513l6Oct.-NoV 5'8®l<'32
Dec-Jan 51381^32Feb.-Miir 5i2®'°32
Mar.-Apr 5><!
Oct.-Nov 5»8NOT.-Dec 5^
Delivery.Oct 6Oct.-Nov 52I32
Nov.-Deo 59jgDec-Jan 5i"32
Jan.-Feb Sl'soFeb.-Mar 51732
Delivery.Oct 6U2®eOct.-Nov 51I18
Dec-Jan 51732Jan.-Fcb 51732Oct 53I32
Delivery,Oct 5t5i5Oct.-Nov 5»32Dec-Jan 5^aJan.-Feb 5i2®^°32
Delivery. d.
Feb.-Mar 5%Oct 6I16
Oct.-Nov 5^*32Dec.-Jan... 5i»32
Jan.-Feb 51832
Oct.-Nov.
Monday.Delivery.
511 16Nov.-Dec 5»i6Oct 6®53l32Oct.-Nov 52132Nov.-Dec 51732Dec-Jan S^a
Tuesday.Delivery.
Oct 53I32
Dec-Jan 5^sJan.-Feb 5^3Mar.-Apr 5»ieMay-Jime 52I32
June-July 511i6Oct.-Nov 52132® 'a
Wednesday.Delivery.
Mar.-Apr SOisNoT.-Deo 51733Dec-Jan 5^3Jan.-Feb 5^Oct .'6132
Thursday.Delivery.
Oct.-Nov 52130
Mar.-April 5^isOct.-Nov 558Nov.-Dec 51730
Delivery, d.Mar.-Apr S^sMay-June SHig
Shipment.Nov.-Dec, n. crop,
sail 52I32
Shipments.Nov.-Dec, n. crop.,
sail 5I18Nov.-Dec, n. crop,
sail 51732Nov.-Dec, n.crop,
sail 5%
Delivery.Jan.-Feb 517;^
Shipments.Oct.-Nov., n. crop,
sail 5^Nov.-Dec.,n.cp.8'1.5i^32Nov.-Dec,u.cp, si,5 is
Dec-Jan., n.op.,sl,5»i8
Delivery.Oct.-Nov 51I18Dec-Jan S^igJan.-Feb 51732Mar.-April 5>»32Apr.-May 51»33June-July SUig
Delivery.Dcc-Jan 512Jan.-Feb 513April-May 51832
Shipments.
GaiiN.Whe9t-No.3 spring.bash. $0 63a 1
No. -^ spring 91® '
No. 1 spring @ ..
Ked and .\mber Winter 96((J 1
Kert Winter No. 2 1 OiaiOl
FLO0R.No. 2 $ bbl. $2 40a 3 CO
Superfine State & West-ern 3 10?» 3 50
Extra State, &c 3 65® 3 SO
Western Soring Wheatextras ." 3 60© 3 90
doXXandXXX 4 00^5 60
do winter shipping ex-
tras 3 70® 4 10
do XX and XXX.. 4 25® 5 50
Minnesota patents 5 50a 8 93
City shipplna extras 3 70® 4 50
Sontheru bakers' and fa-
mily brands. .. 4 210 5 75
Southern shipp'? exiras. 8 Siit 4 15j
Eye flour, superfine 3 10® 3 50|
Com meal—Western,Ac. 2 40a 2 70 I
Corn meal-Br'wine. &c. 2 85® 2 90 I
The movement in breadstuffs at this market has been f
follows
:
.—RKCHIPTS AT NEW YORK.—, , EXPORTS PROM NEW YORK.
—
, 1878. . Same . 1878. ,, lSr7.
—
For the Siuce time For the Since For the Sfnc
week. Jan. 1. 1877. w ek. Jan. 1. week. Jun
Flonr.bbls. 118,518 3,161,3i6 2,B18,118 36,217 1.97(i,52i 31.301 1,047.5
C.meal, " 1,178 153,553 18»,210 1,697 169,800 1,257
W hiteCorn—West'n mixed. . . 45®
do steamer grade. 46^ .
do white 49®do yellow 47@ 4
Rye— Western 549St^te and Canada SS:<$
Oats—Mixed 27®White im
Barley—Canada West.... 110^1SUte, 4rowed 1 103 1
State, 2rowed & .
Peas—Canada bond&free 783
17li.v
281,492 23,550,25649,6J3 3,564.424
.... 1,512,653
153,639 3,312,717
225,599 20. :-!:i"i,3
45.716 l.:5n,1
53,813 m.i-ii.LOl 196,1
Feb.-Mar 51732 | Oct.-Nov.,n.cp.,8l,5i7;
Friday.Delivery.
Feb.-Mar 5I2
Nov.-Dec 5'2May-Jime 52I32
Mar.-.\pr 51732April-May 5»ie
Shipments.Nov.-Dec. ,n.cp., si,SIqSept., sail omitted 57qOct.-Nov., n. crop,
sail 5I2
Wheat, bns.2,01 9,226 50,.3fl3,979 13,78.3,6(;2 1,.596,712 44.502,239 1,166,W5 12.471.
S
Corn. " 6!)6,\00 3',f9<,747 2S,:i76,166 "" " "• "• '"^""'
Rye, " 89,919 3,a77,3,i2 1,480,472
Barley, " •26^,920 •3,938,202 •3,990,822
Oats, " 250,593 12,417,861 9,5S3,26r
• Including malt.j
RECEIPTS AT LAKE AND RIVEU TOUTS FOR THB WEEK KNDIn|
OCT. 19, 1878, FROM DECEMBEH 31 TO OCT. 19,
AND FROM ADG. 1 TO OCl". 19.
Flour, Wheat,bush.
(60 lbs,)
860,631394,477376,555364,0.33
16,60042.1,590
33,60094.S16
bbla,
AT— (196 lbs.)
Chicago 59,.S.34
Milwaukee 50,379
Toledo 170Detroit. 8,615Cleveland 8,:102
St.Louis a8.9;iO
Peoria 2,020
Dulnth. ... 3,150
Corn, Oats, Barley,
bu'h. bush. busb.(56 lbs.) (32 lbs.) (48)hs.)
«2),652 8i9,613 3J0,676
17,611 80,100 119,745
123,881 17,1^39
3,472 7,304 10,246
42,700 51,100 13,000
61.860 65,297 109.« 2
104,425 6!',8,i0 15, 10J
Ryfbu-
(56 lb
65,0
14.1'
2,1
1
8,0
14,<
14,2
561,908 688,0.19 9i,l
656,370 6i:<,97fl 141,3
482,:»8 446,165 74.^
683,663 638,017 100,3
Total 154,960 2,5ii3.202 1,278,501
Previous week 133,018 3,0.33,723 l,442,8sl
Corresp'ng week,'77. 167,904 S.S15,C27 1,232,093
Corresp'ng week,'76. 156,074 2.028,671 1,902,505
TotDec. 31 toOct.l9. 4,539,265 68,771,416 80,831,547 26,107,162 7,332,511 4,l56,i
Same time 1877 3,633.5l'0 3^,247,630 67,76«,I09 19,820.!21 6,10s.2.54 i,ii;[
Sametim!! 1876 ....4,250,904 4.1,610,192 69,368,308 21-,412,?.53 6 255,233 '.,».
Same time 1875 3,8i'5,(i65 53,473,728 41,351,6.i8 20,859,3»9 4,159,t31 2,401,'.
TotiSame t
game time is75!'.".'.'.'i',189,746 isluaiitMO i9.ii\i',n!> lO.m.iiO j;6C4,68« 8J6.9
ne time 1875 3,Bi'5,(i65 5a,473,7-.«i 41,35i,li.i» ZU,»o»,a»!< i.iov.rai -,-.",-
tAuK.ltoOct.l9 1,3)2.596 34,764,427 28..177,,195 12,416,121 4,401, "60 S,09i.l
no time 1877 l,40-i,718 27 9,')6,012 24,8W,522 8,99.5,047 8.252,468 1.478,J
ne time 1876 1,315,;36 17,166,051 26,96:i,960 7,575.660 3,2£B.014 M4.fi
Octobkh2(!, 1678.! THE CHRONICLE. % • 443
gUU-MKNTS OP VLOVa AND OKAtN FROU WKSTBIIN LAKH ANDKIVKIl POHTi KBOM DBO. 81 TO OCT. 19.
Tot Dtc 8ltoOct.ia.4,«01.839 8l.849,.«7fl lO.DSfl.eDS Iii,51|,.3^I S.TSl.BH a.MQ.MRHtnil! timo IHr; .1.W.H.MS 88,l'(l.47-l Wi,lWl,4!8 n,Sn.»ll H.(l.iO,v!Kl ll,ll.l,al8
Btnio iinif IP7II 8,ftio,<85 at(,^7i.5or Hi,iii'i.74» ir.ssj.aj.''. a.4.v),.")»>i i.h8i.«<
gunstlmu 1S74 4,liU,a«4 J5..sai,676 8i).8«l,079 1J.4IS.;M 1,»«0.41« 7U.),U0
XAIL 8HU'.«ENT8 OV FLOUR AND OIIAIN FIIOM WB9TKII.V LAKBAUD UIVEK I'ORTS.
ImFh.3«I-510,H«\
«7.193
OHAm AT SEABOAUD PORTS KOH TUB1878. AND PRJM DEC. 81 TO OCT. 19
We«k Plonr, Whuat, Corn, 0»ta, Barley,
«nd1nc— bhi0. hu^b. bush baeb. bui«h.
OcU 19, 1^78 104.J18 TM.'XiO 34l,MS »•) M7 ItiO.KSl
Oct.«). l''TT 1.H.9I9 8;3.«a »t},59S Dtlfivi Ica,5ls
5el<l. 1878 113.390 448,790 8««.4S1 8S7,4W 11I,H)!1
Oet,*^187» 81,U^0 S10,IS3 l:JO,S«S 883,^.71 &S.484
(ICXIPTS OF FI.ODK ANDWEEK ENDED OCT. 19,
Flour, Wheat, Corn, Out", Hurley,
AT— bbls. bn<h. buiih. hath. ba'>h.
Kew Vork. :13,9W 3,ln4.7«0 7(7,180 410.7MJ J8I,777
Bonon 4\m tiO,%7& 1^,1N0 M.OOl *5,00>)
Portland 8,80(1 l.OdO !i,U/0 1,50:)
Moutri'al 8r,858 aM,:i70 13-J,511 »«7 I,BMPhilnavlllhia i>,H90 3«H,.-iOO «47,100 119,000 81,503Baltimoru ii3.513 fi!il,800 67,000 21.000
NcwOrleaos. SIM .... i.Sii
Totia »4J,4'IO S,4.T»,II05 l.«1.941 «1H,5S7 88H,!I00 11J,<>ai
Previoaiweek . .. «4l,4ig 3,'.ia4,S07 2,7S8,M7 841.813 31i<,118 14'',!l9n
Corretp'Dg week,'77. 391,915 8,i53,;21 1,473,861 'ib2,Ui St,1302 4t,579
Tot. Dec. 81 to Oct.l9. 7.314,827 Sl,580,540 !0,013,0?1 a0,l»,2l)9 3,iiS8.t«3 4,0«7.»S0Same lime 1877 e.Oiil.SieS J^,5(i7,5(i« 7I,MI,':9a ]6,44,'>,Mi2 8,^08,886 1,919,9J)
game lime 187t> T.666,!i91 31.462.:s;0 :i,8:4,<i51 aO,24'.),!(il 4,101 eM Ml,:^^9SamiUlme 1875 7,4»3,«76 rJ,S42,80S 4!<,S5S,iM 15,693,7J9 8,0ti6,<)5l> 301,9(i»
KP0RT8 FROM UNITED 8T.\.TES SBABOARD PORTS AND KRO.\I
.MONTREAL FOB WEEK ENDED OCTT. 19, 1878.
Kyi-,
101.4134.800
5,7001,000
From—New York . .
Bwtou . ...
Portlsnd... .
MtmlrealI'hilHilelphia
Baltimore
Flour,bbls.
88,0185,496
375,4319,4 «S
4.90O
Wheat,bash.
1,«S1,033
85,682
132,887
5:0,oD8
Corn,bnsh.S6',07«•.9,438
117.670«lS.II'i3
.1<,751
Toial for week.. 61,160 2.1<i9,6S0 703,9-'4
Provliim week 9»,80» 2,484,1S8 1.35), )43
T>... u.ek««go 118,!89 2,711,0^2 1,311.215lime in 1877... 88,218 2,479,266 703.801
Oatf,bash.137.121
12
7.249723too
115.402)S1,6W98,15470.299
Rye,bu:ih.
40,171
Pean.bna h4,259
103,508
40.171 1107,767109,108 67.47874,165 65,68263,277 82.8S5>.i:r." nme in iPi {.. . sa.vis •6,'ii'j,inn /iu.aui tu.ivit od,4< i f5;;.a?;
From New Orleans 674 bbls. fl >ar, 17,860 busb. earn, and 14,863 bu^h. wheat
TuE Visible Supply of Grain, comprisinfi: the stocks in
grenary at the principal points of accumulation at lake andseaboard ports, and in transit by lake, canal and rail, Oct. !9,
1878, was as follows :
Cora,bnsh.
3,078,5115,000
Wheat,bnsb.
2,79^HU38.5 n
516.8992,7S9,U6C
Is Storb at—New YorkA;i.i'iv
l!i^;!iio
(.hH.iiro
Miwiukeo 1,10D,460I)ii;u:li 17).8;4Toliiio 553,611Detroit 413,593Oswego 180.000St.Louls 847,985Boston 179,401Toronto 124.209Montreal (lath): 175.425Philadelphia 435,8)4[•eoria 811
Indianapolis. 74.718Ksni'iis City 298,932Halliuiore 7.i3,(>96
Rcil fhiiiments, week 754,089Lake ^dipmenti*, week 1,568,442Ont^nal 2,s00,000
TotalOct. 19,1878Oct. 5. 1878cep. 23,1878Sept. 21, 1878Sfpt. 14. 1878
' 187jI, 1878
Sept.Ang.Oct. 20,1377.
,.16,503,iit9
.14.-01.428
. 13,099,67:1
.12,47S,859
.12,589,.3al
.11,703.489
.12,804,249
.l(l,!)97.101
.11,322,164
1,070,804l.i 70.435
10,216
297,9973,731
905,00ft
176,976
231,006SOO
193,405152.81764,00044.H02!<6,66-'i
S23,«04212,2fi2
1,324,9161,620,000
10,218.S959,81^13,913
]1,0'5,U7411,1.34,092
11,2M.21210.600,.^88
11..36i,411
11.816,378
10,439,577
Oat?,bash.
1,548,0.39
49,500233.7i'5
501.631
40,885
i03.46J4,576
89^446117,48715.210
8,603
119,88574,1199,55.'!
2M,'5i74n-,n27126,1,00
3,729,6903.713,6323,942,7824,218,5454.116,2784,318,2733,913,8^8
3,557,3213,850,969
Barley,bnsh.878,60242I,UUU351.881
l,1l0.9i^
679,171
71,8«2,937
635 00012'i,355
12,657
254,185411,551
2,ioi
ia\85i210,308£00,000
4,767,f41
4,142.867S,77'),721
3.083,0731,8tl.9ft3
2,260.9011.555,8141.301,247
2,682,437
Rye,bash807,97162,50076.a06
211,55062,683
3i697
7:),' 6679,7.61,465
''j«6
19,ti71
13o.a74
36,0 86,t:4
3f!',i75
H,OOU71.1.00
].219,5;91,3611.292
1,244.1186
1,552,919
l,07^O?41,0^6,128977.056835,322611,899
THE DRY GOODS T^ADE.Fkidat, p. M.. Oct. 25, 1878.
The pant week has developed no improvement in tlie demand
for fall and winter goods, and the volume of business was com-
paratively small. Early in the week the suspension of the large
St. Louis jobbing; house of Dodd, Brown & Co. was announced,
caasintr some excitement in the trade, as the firm had latterly
been in good credit. Particulars in regard to the suspension
have not yet trnnspired, but it is believed that the liabilities wilj
reach |1,,')00,000, a great portion of which is due to commission
merchants and Importers in this city. The chief feature of the
week's business in foreign KOO^iB was a large, peremptory auction
sale of Lupin's fabrics, which proved a marked success—the
entire line having been distributed at satisfactory average prices.
Domestic Cottjn Goods.—There was a sleady demand for
domestics for export, and 3,466 packages were shipped from this
port to foreign markets during the week ending October 23d,
including 1,001 packages to Bremen, 1^03 to Havre, 438 to Great
Britain, 200 to Antwerp, 163 to Haytl, 64 to Cubi, 83 to British
Australia, 54 to Mexico, &c. The home demand for cotton goods
was chieSy of a hand-to-mouth character, and no animation was
observed in any particular class of fabrics, though heavy fine
brown iheetiugs and low-grade cotton flannels were relatively
more active than other makf* of eottooa. AgMU' prioM forbrown, bleached and colored cottooi werr Domloally oaehaogMl,but valuBK are leu firmly nialolalned than waa the caas b«for»the late break in cotton. Print clolhi were In fair demand atilic, cash, for 64x61*, and 8c., cash, for Mx OOi, and atock* haveundergone a material reduction within the laat few wseka.Prints remained quiet, and cotton dreie gooiU and gln)(baawwere in comparatively light demand.Domestic Woolen Qooda —There wu an Irre^rnl^r demand
for heavy woolens for men's wear, and while fancy caealmrrearuled quiet, there was a moleruce Inquiry for chevlota and oTer-coatings, and wonted coatings cootinoed In fair reqnett. Orderafor light weight worsted and cotton- warp worsted eoatloga wereplaced with agents to a considerable aggregnle amount byclothiers and cloth jobbers, and some of the more popular makesare largely sold to arrive. Cloaklngs and beavers for cloakingpurposes were in fair request, but clothn and dneakins ruled qnlet,and there was only a limited inquiry for Kentucky jean*, repel-
lents and satinets. FlaoneU met with moderate rales, but selec-
tions were individually llglit, and blankets contlnaed quiet. Forworsted and woolen dress goods there wan a fair demand at first
hands, but shawls and felt skirts were devoid of animalton.
Foreign Dry Goods.—There was only a moderate demand'for imported goods, and selections were chiefly confined to eachsmall lots as were actually necessary for the renewal of assort-
ments. Cashmeres were in steady request, and low.grade silks
and trimming velvets were distributed in fair quantities ; batmillinery silks and plushes ruled quiet in private hands anddragged in the auction rooms. Men's-wear woolens continued
dull, and linen and white eoods were slow of sale, as were Ham-burg embroideries and laces. Dress and cloak trimmings con-
tinued fairly active, and there was a steady movement in tailors'
trimmings.
Importatlona or Dry Ooods.The importations ot dry goods at this port for the week endlni;
Oct. 24, 1878, and for the corresponding weeks of 1877 and 1876,have been as follows :
nrrsaau roa ooHitDaPTioii roa thi wsbk suDiae ocr. 21, 1878k. 187'i——, . 18TI . . 1878-^ ,
Pkss. Valne. Pkes. Valne Pks* Valnr.Manofactores of wool.... 341 $184,789 861 |t|«7.12« 453 (184,(71
do cotton.. 896 8li,8n5 559 li^72l 417 1(18, :81
do filk 250 20^.673 369 19U.I(i8 401 S)i< 0^3do naz.... 5)1 93..3SU 914 137,810 5l8 111,15)
Hlscellaneons dry goods. 209 T'),736 257 88,744 Ml 222,159
Total I,7t7 $S9t,4JS 2,4(tS |«S9,S1I 2,oao t6W,8nWITBDBAWH VBOM WABSHOOSS AMD THHUWM IMTO THB lUaKaT OUMMH TBB
AHI FIBIOD.
1151,69.1 521 *200,IM441,895 112 a5,87»117,669 91 93.48771,2»'> 513 70,1>5«
17,557 2j6 27,310
Manufactarea Of wool ...
do cotton..
CO silk. ..
do flax ....
HlBcellaneoas dry goods.
87014SUS368153
351US90
S6«>70
use.65127.068r..75S65,11582,074
Total 1,151
Add ent'd (or consampt'n l,72rS40],»4592,433
1,511
2,463$427,708 1.7S2659,512 2,0jO
<8S.37S8tw,n7
Total thrown nponmark't 2,878 $995,667 4,f0( $1,037,214 3,312 »1, 172,705
HTIBSD rOB WABIHOOBIIIS DOBIIia SAMB rSBIOD.
Manntactares of wool
—
235
oo cottou.
.
91
do silk.... 45
do flax 144
Mlscollaueons dry goods. IS
$67,83224,461
51,27432,42411,«S1
t207,«r5S9i,433
5934568
8912,163
$106,07130,88262,13146.soa23,311
1869,80)659,512
251110
4«1S9
3,05
1
8,ni2,060
$85,21739,80442.1160
4a.iiss«.aw
$m,7608».m
Total .-•,MS
Addent'd for Ci)n8ampt n 1.727
Total entered at the port. 2^ $800,408 3,351 $921,015 6.712 »l,15^t«
Reeelpts or Donaeatle Prodnee.
The receipts of domestic produce since January 1, 1878, and
for the same period ot 1877, have been as follows:
SinceJan. 1,'78
Ashes pkgs.BruadBtufls—Floor bbls.
Wheat bnsh,Corn "Oats "Rye "BarleyA malt"Urase seed...bags
Beana bbls.
Peas bnsb.Com meal.. bbls.
Cotton. bales.
Hemp VHides No.Bides bales.
Hops bales.
Uather sides.
Molas»e8.....1>h(ls.
Molaasea bbls.
Naval Slant—Crude ttirp..Dbla.
Spirits tnrp "
Tar."
3,361
3,481, 356
50,)93,!f;»
(2.197,747
12,417,81^3,277,332
8,988,202149.4UI68.0t;3
640,S'2158.5:8691,623
2,70'.
136,5S-;
100.312
58,4283.532,lbl
24
117,0S2
»,ies64,751
33'..815
18,012
Sametime 1877
5,»t0
2,5:S,4t813.7SS,tO.
i6,j:6.lM;
9.5'.3.267
1.48",47j!
8,9M).t':e2
119.02961.5471
8r>l,994|
18'<,J!01
4;3.-J(IO
6,005
1 67,56J
I
1117.417
63,53!
3,540,931468
69.89
2.82867,154S34.7K21,159
Pitch. bbls.
Oilcake....OU, lard... ..'bbls.
Peanuts bag*.Provisions
—
Butter pkgs.Cheese ''
Cntmeata ., "^g'- '
Pork "Beef "Lard "Lard kegs.
Rice pki{».
Starch "Steariue "Su^-ar bbla.
SugartJIow...Tobacco.
.
Tobacco.
.
Whiskey bbls.
Wool bales.
Ore*«edhOKa..Mo.
.hhds.
ihhda
SinceJan. l,"re
2,5(»371,48sK.39654>»
8aaetime 1877
S.Si6271,8l«15,60«61,151
1,00^.»1 I.<I4«.SM9.S85,0.V 1.S79.83Sl,Oi7,09S VK.nMtm.kii 4U«,11«184.8.* I42,8«41.**-. 38.(182
8»(.747 1»I.9M85.»l« 3(,7U
• S3384 29.91Ssaiso .U«.3»la^tM IMU1.M* IttIMfl ia.«n68,501 57.515175,:4o i;4.967132.92. 91.554l»4.ftJt 1X1,80171,17* n.tm1I.9M l>«.«S
444 THE CHRONICLE [Vol XX vu.
Pol, Buttcrt * "•
BBEAD8TDFF«—f>efeDeclal report.
Building matkkials-Srlots-Common tiara, afloat..» M
4IO *%
Crotonptilladelplila «hi,Y
i<m«-Kockl»nd common
a 35; uo
26 00
.Vbbl.
^rtaS^i^?d^:^m^oi^.^.^^^Oat 38 00ABh.good
-J.XX
.«V^"cVVo'S?d'i-i.-p.»oii;eacU.-..V:'
20
Hemlock boards, each.... .^.y..^_^s 00
**SlincS.lXto Sln.&longer » 25
Faints-hA., wh.Am.pare. in oil » » ^ «|Lead,wn.,Amer.,puredry. 6XSeinc, wh.,Amer. dry No 1. | |fi?,';'rite".K^;v,^«oiJ;!.''S%-i:i«^l
a 4 75
a 9 00
a 28 00
a 1 CO
a .a ....
a <o iHj
a 22 00
a £0
a 13 00a 45 00@1S0 00
a 28
a IS
a 49 00
a
.
a 5 23
a 4 45
a 2 45
» lOOB
BOTTBK-(Whole.ale Frlce»)-
69
I :o
. »B.
,»•>6XS
2316IS
9
'
PhU" eooi'tocholce State...
Weet'ii creamery K'd tocb.....
wSb, state, good to prime....
Weetern dairy, fair to pr
''Itlfe^fa'Jtory.prlmetocbolce
Woetero factory, B a to choice.
.
TweHpoolgae canned ........ ... ^,^.^| ,8 SO
M^^'iS^mTE-The following will show prices at
,a.iru?P^S'o7p^J^?nt^obedule mes:^^ ^ ^ ^ ^N. Y. . Port
VennSched.New-burn.*
Sfrob..l|a55Grate... S «5
RgK .... 3 '5
Stove 4 16
Auction.
aofokeii. Harbor.
$ »i W3,5 ®157>4 3 65
S65 ®3 1U 3fO4 i'yi 4 2)
- --
3 8S
Johniit'n.|8 »0S 713 95
4 ida 60Btove... » ^'« o K2i2 3 63 ... 3 "U
•^^.'wcentB per toi aiaitional for delivery at New
York.COFfBB- gid.vB ,3j^amo, ord.car... .^ „ »
do good, do ........
do prim", do••••^„i4. ..
Java, mats •« ^ ..
NatlveOeylon «^[J; ..
Mexican | j^, ..
Tamalca ~nlrt ••
Maracalbo |°JJ- ..
Wguayra... ""J^ ..
SavacUla J"?• .
Costa Rica «°'''-
COPPBB- ___ f, B.
Brazler8-(overl«oi.) •— •• ,
Am»rlcan Insot. LftKe
COTTON—see special report.
i>au<is*"^^V * 100 B our 2 01 aAlum.lomp.Am •
, ,,^,Aloes. Cape. ^ "• »"..
Aioes. Barbadoes „
t,Ta?i=;rdI&;-tie-.*l*-»;-^Blohro. potash... ._*B cur.
»16 a23 '^-«
IB a15 a14!4»14 a14X-*13 «t
14 ai; a
.9
s
13XISK
1").
13
it\li
tenmn18
2<•23
16
ixa20 a2 a
iix«1 ifi a
2 ia«
22
2X
ii'
1 45
S'r".H'"''e.'!!°n?s'* ~'r:too.V_^^^^^ 00^^ ^6 U.
SflSlfor:Am._roll..:...*»..cnr.
^SSM.£:?:^ind;^*;iaK.g^d.Caustic soda * loo^m
.,
Chlorate potash •,..cochineal. Honduras, sliver... ,_
Cochineal . Mexican...cream tartar, powdered cur.
Caoebs, Kasl India -^
Sr •::-::-:::"!^—•-'
'S'-aiycerlnei American pare "
bfooricepaste.Calabria •,'.
Licorice paste.Slcllv. ......- -.
licorice paste. Spanish, solid., .goio
Madder, null*.........-.Madder, French. B.x.t.rNutgalis.blne A eppo....
Oi; vitriol (66 Brimstone). ......
Oolnm, Turkey ....(in Duna), (jold
PrusBlate potash. yellow. Am..cnr.
iX9
95 a3 55
..cur.
3i21
alcksllver l»o'«- ,gniniiio cnr. 3 60
5J5155
31X612 uSka
4 laxa93 a18 a21 a26 a25 a'^6 a6xa5 aisxaixaaaa
a 3 SIXU 11 75
30 a1 i2>«a
"" a
60
82"in
6H4 .5
1 lin
23as8
5X19
ii
,T0f5015
Qnlnlne ••• "nr.
Rhubarb. China,good to pr....
Sal soda, Newcastle. .* 100 »,srodShell Lac, 2d* 1st English. » Ik .cur.
Sodaash * 100 ». gold 165 aSugar of lead, white, prime.* Bcur.Vitriol, blue.oommon
Gr'd'Bk.* oeorge's (new) cod.V jtl. .1 -^ « 4
Mackerel, No.l.vi. shore pr.bbl. 14 00 <» 32 „MMkerel No. 1, Bay... )? to (j 2..1 00
6Hm
«ackerel',No.2 Mnss.shore 9 00
tjBCkerol. No.J.aay 9 00
*"Bil8tor,8e8aie«B, new. per BOlb.frall
do Layers, newdo Loose, newdo Valeuijla, new
Currants
Prunes', 'Turkl8h"(crop of 1817)
do FrenchiiatcsFigs, layer, new ...
Canton Ginger.wh.* hf.pots.* case.
Sardines, * half boxSaraliie«, * quarter box ...
Maf^aronl, Italian v »Domeittxc Dried—
Apples, Southern, sliced r n>.
00 do quartersd.i state, sliceddo do qa.»rters
Peaches, pared, iia.,g'J to rhV.e 'Is
do unparel. halve" and qr*...BlackberriesHasnrte.rles.i.'lierrleo. dry mixedP:uir.«, B'HteWhortleberries
9 0010 00
i"2xa6K»4«41SHA6 a5 a12 a
< 50 alevaIIH®i2xa
4
3 &3>i«3S«1 a
I 75
1 80
'4!<
13K6H13
16"
8 0017UK14
5S>s
2611
H12
GUNNIKS.—See report under Cotton
HAY- . , ..
North River slilnn'ur » lOU lb 40 a 4)
aSMP AND JU IK—American dressed * ton a —AmerlcaL undressed — a —KuSBla clean gold a —Uallas " .. a •.Manila *1» " «%» T„Sisal " .« [XJute " 4 8 3
HIDE8-i)ry—Buenos AyreB,selected.VBigold 20 e 20XMontevideo, do.... " 2" a ....
Corrlentes, do.... " ISXa 19
Rio Grande, do.... " 19 » 19SOrinoco. do.... " 13Ma 19
California. do.... " ISXa 19
Matamora«. do -. " IJHa li
Wet.SaKed—Buen. Ay, selected •• 9 a It
Para, do.... " • a 7HCalifornia, do.... " 9 a 9HTexas, do cur. S^a 10
£./.s(oc*—Cal. kips, slanght. gold 11 a 12
Calouttaklps.deadgreen.. " 9xa 10
Calcntta, buffalo " 8 a SX
HOPS—New Yorks. com. tomed..., t ® s
do Koodtoprlrae 9 '<a HEa-itern 5 ® 8
Wisconsin 5 @ 8Old 1 ®Yearlings. 2 <.* 8
INDIA liaBBEB-PKra,flne '0 9 —Para, coarse 35 a —Ksmeralda, pressed, strip 41 $ ....
Guayaquil, p'-essed, strip 8) ® 40Pantimastrip ..a -.Canhagena, pressed 86 « 37
Nlearsgua, sheet @ 41
NloaraKua, scrap ® 33
Honduras, sheet <S 38
Mexican, sheet ® ....
IKON--Pig,American, No. I V ton. 16 50 a 17 50
Pig, American, t.o. 2 55 50 16 50
Pig, American, Forge 14 SO a 15 51
Pig. Scotch 21 75 a 28 50More Priceit.
Bar.Swedes.ordlnarysiies..* ton.iso 00 al32 50
Scroll »lh. 2E-10a 5
Hoop, Xx.No.22 to l&'.Hx 13414 " 5 ® 2 F-WSheet,Ku88la gold *». ll'Xa U5fSheet. single, double* treble, com. SJiS t
Rails, Amerlran ;. ton, car. !4 l» a 35 ro
Steel rails. American 4J 00 a 44 00
LBAD—Ordinary foreUn » 100 lbs, gold 6 .ITXa 6 40
Domestic, common cur. 3 55 a 3 6P
Bar (discount, 10 p. c.) * » a >XSheet •• " a IX
LKATHKR—Hemlock. Buen,A're8,h..m.*l.*iB>. 20 a 'i2S<
• Calllorula, h., m.* 1 20 a 2IX•• common hide, h.,m. 41.... 19HS 22•• rough ,20 a 23
Slaughterorop ,^ » "Oak, rough gg 23
reias.crop * " '•
MoLASeKS—, ^
Cuba,clayed * gal. ....m ....
Cuba, Mu8.,refln.gr'ds,50teBl. " 3! S 33
do do grocery graCOB. " •<,*. vBarbadoes '. Nomltjal.nBTnernra Nomlnnl.
Porto Rico • ,8.^ a «H.O.. com. to prime 20 a 40
"^a'twartrngfoV. • H"'" .? -i"» Ul^
Tar, Wilmington t S^ 2 .;,?,',*<
Pitch, city .." 1^ « *!"
Spirits turpentine .-•ii'lfi'- ,,-*??*
, .,,.Rosin, strained to good itrd.* bhl. l!ii-,» 1 42H" low No. 1 to good i;o. 1 " 1 III a 2 Ij
•• low No. 2 to good Ho 2 " 1 50 a ...
•• low pale to extra p lie . .•' ^ 59 * o
•• window glasB " 4 00 a 4 25
Almonds, Jordan shelled * lb. 47 ® ....
Brazil ,5>*a 5XFiliierts, Sicily Of ...
Walnuts, Naples ISXa ••••
Pecan *>'® '^
OAltUM—Navy ,U.3. Navy* best* tt. fxa lOS,
OILS—Cotton seed, crude , * gal. 40 a 1!
Olive, in casks* gall "^' '5 <• ' :'?
Linseed, casks ana bbls 59 a 01
Menhaden, crude Sound • 27 a cO
Neatslool, No. 1 toextra 60 a »0
Whale, bleached winter " --•» 50
Whale, crude Northern 43 a "Sperm, crude
., , ;,vS 1 n-Sperm, bleached winter ' 102 a 10;Lard oil. Kos. 1 and 2 45 a 52
city, thin oblong.bags, gold.* ton. ...e 3" 51
Western, thin oblong (Uom.)cur " 23 534 29 00
PBTROLBUM- , ,Crude,lnbulk » gnl. ...a 8
Cases • "j« ">»
Refined »«» ....
Naphtha, City, bblB " '\» S
PKOV1810W8-Pork, mesc, spot Vt^^l. 8 30 « ....
Pork, extra prime „. " -.• •Pork, prime mess. West " ....a4>i;el,p ain ;nt;Be
^^&
Beol US ",West.ru 15 '0 la 16 .0
Bacon, Weft, long clear •J ...» •'MHams. smoked ' IW,»
''Jj,Lard. City steam. « 4Ud 6)5
v^uriHina, fair to prime * ». Wj 6^Louisiana. lair to prime.... .. . 6)^a 6^Rangoon, in bond, ¥ 10. B ....« SXPatna. amy paid —
a
Turk'slBland * bnsh @Vvornoo?.'A«"hton'Bfine.'.V.'.»'B»olti
'.'.'.'. a 256"
. IS '.lib- , „Olover. Western V lb. t n ,\Olover, New York State
. :;--®, .^.
ri..u)t.,y Vbush. 15 \ y<
Canary, Smyrna '''> ® ' •«
anarv.Sl. Ily . .„ ® : .7^
Cin»rv.S"b»h S 10 .220
ijai.aty, Ou'ch, g ' f'J
H-ii'P, lorelgM 14 W '*'Flaxsei-d, •\ine'-lcao, rough 1 4i)i® ••Llnseid, Calcuila *i6B.irol't. 2 US ® 2 '0
Uuseed, dombay *U>.,g}lil. ... ">
SALTPKTRK-ReOned.pure *lb 6 a 9Crude per 100 Ib.gold 6 00 aNltratesoda " •' 3 23 a ..'.
SILK-Tsatlees, No. 2 NoneTavsaams. No. 1 4 75 aRe'-reeledTsatlees, best 5 25 © ',]]'.
Re-reeled Congoun, No. 1 4 7i ® ....
8PBLTKR—Foreign '.00 Ib.gold. 5?7Kft 6 00Domestic, common cur. 4 S7S6 5 25
SPICES—Pepper, Batavli * Ib.golddo Singaporedo white
(jassla, China Ltgneado Batavla
Ginger, Africando UalcnttaMaceNutmegs.tiatavlaand FenangPimento, JamaicaClovesdo stems
i2va 13....® 19
....a n15 ® 20....a 5H....@ SV.. a Klso a 85
....a IJ36 e
SPIRITS-Brandy, foreign brands * gaV.Rum—Jam.,4th proof *'
St. Croix; 3d proof "Rln *•
Whiskey, Scotrb "do Irish "
Domestic liguors—Alcohol * gall.WhialreT "Brandy (Cal.) dellv. In N. V .. .. "
8TKKL—English, cast,2d& 1st quality *lbgoldEnglish, spring,2d & 1 st quality. .
"
English bliBt,er,2d* 1st quality.. "
EnBllshmiichinery "English German, 2d 4 Ist quality '•
American blister cur.American cast. ToolAmerican cast springAmerican iuacblneryAmerican German spring
gold.3 75 ® 17 00i to @ 300S M » 4 003 00 a. 3 1'
r 611 ® 4003 60 ® 390
2 17 a1 Oi » 109K.... a 3 5u
more J'rtco.I4SW It
6S«| 'K^ (a 14
OS® loxUi.'-.U. HH....a 9
....<» 1«
.V lb. 6ya7Ji»7H»->%*
T«®4Ha«va7)«<ieva^%a»>4'*
9Ha9Xa9 a8X4*%»74ia7«a
tv»
sroAR- , ,
Inferior to common refining...
F»lrGood refiningPorto Kico. refln . fair to primBoxes, clayed. Nob. 10®12Centrifugal, Nos. 7®13MeladoManila, sup. and ex. supnatavla. Nos l'i®12
Brazil. NoB.9@URfflned—'il&rA, crushedHard,powdereddo granulateddo cut loat
Coflee,A, standarddo otf A
White extra CExtraC
Yellow..Molasses sugars
TALLOW-l»rliueclty r ».
il,»on,Commo» to lalr... cnT.*7> la «do tiuperlor to lli<e
do Bxtratlne toflnest
do ChoicestYoung Hyson, Com. to fair
do super. tu fine
do Ex. fine to finest
do ChoicestBonpowder.Uom to fair
Jo Sup. to fine .
do Ei.flne to finest
do ChoicestImperial, Com. to fair
tio Sun. to line
do KxtraflnetoflnestByson Skin. ft Twan. com. to fair.
do do Sup. to flue
rto do u,x flnetoilneet ,
OncoioredJapan.Com.to lair..
,
CO Sup'rtoflnedo Ex.flnetotlnest
Oolong, Common to lalr»«Mdo Superior toflnedo Ex dneto finest
do (-holcest8OUC.4 Cong.. Com. to tair
do Snp'rto fine
do RT.flneto finest
do Choicest
7X'Xfit
IX
9K»X*•»
8XfX-'%
1%
goid.yib
V.V.V.Vvbx g d.
TIN-BancaStraitsBnglish,refinedPlates, I.e.. coke....PlateB.obar.terne
TOBACCO-Kentucky luos, heavy •,••*?
•• leaf, •• com.toflne.
Seed leaf—New Eng.wrapper8'!^'77.. do flllere, '76-'ii .
Pa. assorted lots, '76-'77
Yara, landllcuta, assorted
Havana, com. to fine.
Manufac'd.in bond, black work" " bright work
wttWOOL-Amerioau XX.........American. Nus. 1 « 2....
American,CombingExtra, pulledNo. 1. PulledCalifornia. Spring Oilp-Snperlor. unwashed
Inlerior||
Sjnth'iln.'MerVncVnnwasVedCape Good Hope, unwashedTexas, fine. EasternTexas, medium, tastem •.• •.
S uyrna.unwashed go""-
4H.IGUT»-l,> Livbbpool:
iOt O'l „*„,'•lour * bt".
leav lOOdB. . ton.inrn'n'lkftbgs. • bu.
vynnat.bbik* bags..
Boel"jf,-Pojk • •""•
.— BTKAM.-
B-U3 6 .t
42 6
7
'.X7 I'
11-3/
.5 a itS5 a 40Nominal.
76 ® 21
25 a 32ss a 45Nominal.
16 «, 23
so a S343 <i SONominal.
18 (» it2! a 3i
3i a IS
14 15
16 a 11
NomtnBi.17 a 2i
•if. a C8
!6 a 46
19 a :3
18 a ti3.i a 4)Nonilnal.
13 a 28
27 a S3
40 '• f-i
53 ® 70
,_ UKICX* It
. ...'A 14X5 80 ® 3305 T5 B 600
SKa 5
;x« 13
10 a6 <A
S u 10
73 a 82H73 Z 12011 a14 a 4O
.'>f' rt» 34
23 a 18
b6 fa 42
so a 31
IS a 20
22 a 2(
20 to14 M IB
12 a SO
<s a 26
2.3 a SO
22 a 2S
21 a U18 a 15
-iAII..—
»
,.«.
...« 9-Ht Ha
«.'6» 30
IOCTOJUCR 86. 1»78.J THE CHRONICLE
Cotton.
Knoop, Hanemann & CoOOnniNSlON nBROHANTS,
«3 n^HANOB rU&C'B. NEW YORK.
BOVSC Ql
nanrbestcr and Liverpool,
OK fRRSEY dc CO.
Wm. Felix Alexander,II COTTON BROKER,
AITQVSTA, OEOROIA.Bntlre ntlentlon given to pnrctiaie of COTTON on
OBDEB Jor SPINNEHS and KXPORTEK8.CORRKSPONDENOK BOLICITKO.
Befcrences :—National Bank of Angusta. QcorRia;Henry llents ft Co., Commission Merchanta, NewTork ; William B. Danaft Co., Proprlttora CoMvnOUL AND FiMANOiAL Chioniclii, and other NewTork UouBca.
Dennis Perkins & Co.,COTTON BROKERS,
117 Pearl Street, New York.
Sawyer, Wallace & Co.,
t OTTON KACTOBS A COMMISSION MKR'.HANTS
47 Rroad Strrnt. New York.
E. O. Richards,(Successor to A. L. RICHARDS)
Rhlpplng and Commission Ttlercbant
No. aa BROAD STREET. NEW TORK.
James F.Wenman& Co.,COTTON BROKERS,
No. 146 Pearl Street, near \rall, N. t.EstabllBbed (In Tontine BulldlnR) 1S41.
Macaulay & Co.,coninissioN merchants,
a WILLIAM STREET, NEW TOEK.Fatnre Contracts for Cotton b/^nsbt and loldon
tiMnmlaalon In New Tork and Liverpool.
John F. Wheless & Co.,COTTON
conmssioN kierciiants,NASHVILLE, TENNESSEE.
Speclalattent'on given to Spinners' orders. Corre-pondence tn\\ciU»\.Bir>ii«K('X8.-Tblr4 and Fourth National Banks
and Proprietors of The Chroniclk.
Steel Pen§.
JOSEPH GILLOTT'SSTEEL PENS.
SM fy ail Jtabrt iMrtmglumt tht WarId.
STEEL PENS<tf BUpcrior KiiKliah mriko ; famous for durability andeu^tlrity; c'-\--\\. vnrlcty ofetvlcs puited to every kindof «ri: : i; ;
i.r sale bv deakTB Kfnerally.'i"\\ i.\ r V-KIVt assorted paniples for trial, Iti-
«?&^.!r "U" AND "FALCON"Pens, by mall, on receipt of Twcnty-flve Cents.
IVISON, BLAKEMAN, TAYLOR & CO.BOLa AOEXTfl FOB THE U. 8.
J38 and 140 Grand St., New York,
COTTONFROM
SEED TO LOOM1 8 r 8 .
The contents of this book are as follows:
IVIAI* OF IIVDIA.We have prepared a large Map of IndU, •howing, among other thloga, all of the
cotton (liBtrictB of that couniry. The map is made up from original wurcei and willwe think, be found very useful.
CHAPTER I.
Introductory—Showing the Object and Scope of the Book.
CHAPTER II.Hietory of Cotton in the United States from the date of ita earliert prodnctton,
tracing the progress from year to year, with the inventions which gave theimpulse to that progresH; also a table of receipts and export! at each out-port olthe United States from the earliest records down to 1877, ate, 4c.
CHAPTER III.India production of Cotton Goods from Earliest Dates—Interesting Review of the India
Export Trade In Ooods from before the Christian Era to the Present 1 ime, Ac.The Monsoons and their effect upon and relation to the Cotton Crop Also, thepast Production of Cotton in India and the present supply, with a detaileddescription of each Coiton District from which the present supply comes^Severalwood-cuts and full Statistics of the Trade, &c., &c.
CHAPTER IV.Acreage in the United States—Yield and Acreage by States since 1869—Pouibilities of
Crops with Acreage given—Growth in Acreage illustrated and proved—Percenta((eof Production and Acreage in J^ch State, &c., &c.
CHAPTER T.Planting—Cultivation from January to Jane—How Land Prepared and Seed Planted
Old Lands being Reclaimed—Early Growth of Plant—Chopping Out—Securinga Stand—Cotton Plant very tender in Early Life and tough afterwards—Ita EarlyEnemies and Diseases—Crab Grass—Wet May and June—Rainfall, Thermometer,Chronicle W eather Reports and Agricultural Bureau Reports, from January toJune, for 1870 to 1877—Very important deductions from the weather dau, Ac, Ac.
CHAPTER VI.Summer and Fall Growth—Formation of the Btld, its Shape, Ac.—The Blossom, how it
changes its Color and Shuts and' Falls—Formation of Boll—Habits of Blossom andPlant in Relation to Sun—Definition of Bottom Crop, Middle Crop and Top Crop-Cotton Enemies in Summer, Lice, Rust, Sheddii^, Boll-Worms, Caterpillars, Ac.Number Bolls to Make a Pound, Ac.—Rainfall, Thermometer, Chkonici.e WeatherReports and Agricultural Bureau Reports, from July to December, for 1870 to 1877—Tables showing Date of Frost and End of Picking Season at a number of pointsin each Southern State for Seven Years Past—Important dednctions from thisReview and Analysis of Weather for past Seasons, Ac, Ac.
CHAPTER VII.Qaihering and Marketing of Crop—The Influences affecting Market—When and why
a Crop will bo Marketed Early—An Analysis of the Movement to the Ports of EachCrop from 1870 to 1877, and tbe Reasons tor Delays and for Haste—Tables Showingat Several Points in Each State the Date of tbe Receipt of First Bales, ArrivalsNew Cotton to September 1, Ac, Ac.—Also, Height of Rivers for a Series ofYears. All these facts are so arranged as to enable the reader to form a correct
opinion of the future. This chapter closes with the daily receipts and percentage*of past receipts for a series of years, Ac, Ac
CHAPTER VIII.Prices of Spots and Futures, for a Lonir Series of Tears, at New York and Liverpool
—
Cotton Movement at New York, &c!, Ac.
CHAPTER IX.Consumption of Cotton in Europe and the United States—Some Thouirhts oa this
Subject which may bo Suggestive—Also, full Tables and Statistics Showing PastConsumption, Ac, Ac.
This is a very brief summary of the contents of this book. It is a
large octavo volume of over three hundred pages, ox)ntaining everthing the
trade needs for reference, and drawing conolosions from the experience of
the past, which ought to make crop estinaatee in the fatare leas difficnlt
and uncertaui.
Price, ------ Three Dollars.
FW 6< ma\Mi to any addrett pcttpaid on receipt of prit*.
Wm. B. Dana & Co., 79 & 8i William St., N. Y.
HENRT HERBERT, 5 Aa«ttn Friars. Old Broad hi., l«ndon«
Vi THE ( HRONICLE [Vol, XXVn.
Insurance.
HOME '
Insurance CompanyOF NEWT TORK,
j
OFFICE, No. 135 BROADWAY.|
Fiftieth Senii-Annnal Statement;SHOWING THB
Condition of tl>e Company on the flrsiday of July, 187S.
CASH CAPITAL $3,000,000 00Reserve for Re-Ineurance 1,795,699 SOReserve for Unpaid Losses 206,131 28NetSurplus 1,179,,012 38
TOTAL ASSETS $6,180,873 16SUMMARY OP ASSETS.
Cash In Banks f246,U5 85Bonds and Mortgages, being first lien onreal estate (worth »4,315,oOO) 2,024,553 00
United States stocks (market value) 3,050,625 00Bank Stocks (market value) 190,212 50State and Municipal Bonds (market value) 199,206 00Loans on Stocks payable on demand(market value of f>ccurltles, JiS24,537 50) 213.M5 47
Interest due on Ist of July, 1:JT8 t>2,203 61Balance In hands of Agents 144,023 74Keal estate 12,288 53Premiums due and uncollected on PoliciesIssued at this olBce 7,950 01
Total 16,130,873 IS
A Dividend of FIVE Per Cent has
been declared, payable on demand.CHAS. J. MARTIN, President.J. H. WASHBURN, Secretary.
North British
and Mercantile Insurance
CompanyOF
LONDON AND EDINBURGH.United States Board of Management,
NEW TORE:SOLON nUMPHRKYS, Chairman,
(B. D. Morgan & Co.
DAVID DOWS, Esq. (David Dows & Co.)
E. P. FABBRL Esq. (Drexel, Morgan & Co.)
Hon. S. B. CHITTENDEN.EZRA WHITE, Esq. .
lOHN J. ASTOtt, Esq.
CHAS. E. WHITE, SAM. P. BLAGDEN,
MANAGERS,
Office 54 AViUlam St., New Yorb:.
Liverpool &London & Globe
Lnsurance Company^
45 Willimn St.
J. E. PUESFORD,
Resident Manager.
LyOiUfnercial
(union Ins, Ca{OF LONDON),
ALFRED PELL,\
Resident Manager,\
3r & 39 Wall Street ^
D. W. Lamkin & Co.,Cotton Factors,
VICKSBCRG, iHISS.
Orden to Purchase Cotton tn our market sollcUMj
Refer to Messrs. THOMAS J.CSLAUGHTKB, SewYork
\
t
Cotton.
Woodward & Stillman,SEAMEN'S BANK BUILDING,
Nos. 74 & 76 ^rall Street,
NEW TOKK.
GENERAL COMMISSION MERCHANTS
I4OANS MADE ON ACCEPTABI.KSECDRIXr.
Liberal advances made on Consignments.
Special attention paid to the execution of orders for
be purchase or sale of contracts for future delivery
f cotton.
W. C. Watts & Co.,
SI Brown>s Buildings,
LITERPOOIi,
aoUelt cooslgnmenla of COTTON an'-: orders for ti e
ptLTChase or sale of future shipments or delivencs.
Advances made on consignments, and all luformatlOL
afforded by our frlenas, Messrs. D. WATTS & Co.,tl
Stone street, New Fork, and Messrs. D. A. GIYKN A
BON, 64 Baronne Street, New Orleans.
H. W. &J.
H. Farley,COTTON FACTORS,
COMMISSION MERCHANTS,AND
riNANCIAE AGENTS,132 Pearl Street,
P. O Box .3,909. New ITorlc.
Advances made on Consignments.Special personal attention to the purchase and sale
of '' CONTRACTS FOK JUTUKE DELIVKRT"OFCOTTON.
Bennet & Foulke,
GENERAL
ooramissioN rierchants,
131 Pearl Street, New Vorlc.
Special . attention erlven to the execution of orders
for the oarcbase or sale of Contracts for Fntnre
Delivery.
R. M. Waters & Co.,COTTON COMMISSION MERCHANTS
AXDBANKERS,
64 BROAD STREET, NEW TOEK.
.^ . Geo. Copeland,COTTON BROKER,
ISe PEARI. STREET, NEW YORK
J.C. Johnson & Co.,
0®TTON BUYERS FOR MANUFACTURERS
IVEinPBIS, TENN.
H. Tileston & Co.,COTTON BUYERS & COMMISSION MERCHANIS
60 Stone Street, Ne-w York.Ordera In Fntures executed at N. T. Cotton Exchange
WALTER & KROHN,COTTON RROKERS,
S3 BEAVER STREET, NEIV YORK.
Cotton.
L. F. Berje,
OOTTON BUYER AND COMMISSION MERCHANT
N E TT ORI.EANS, LA.
Waldron & Tainter,(Snccessers to NOUBSE t BROOKS),
«BNERAI. COTTON MERCHANTS,97 PEARL STREET, NEW YORK,
Vatnre orders proai.iUy executed.
B. F.BABCOCK&CO.COMMISSION MERCHANTS,
IT Water Street, lilVERPOOL,Receive conelgnments of Gntton and other Produce,
and execute orders at the Exchaniresln Liverpool.Kepreaented In Kew York at the office of
BABCOCK BHOTHERS & CO .
EO Wall Street.
Henry Hentz & Co.,GENERAL
cominissioN iuerciiants.174 Sc 176 Pearl St , New ¥ork.
Advances made on Consignments to
Messrs. JTAITIES FINLAY & CO.,
LIVKKFOOL, LONDON AND GLASGOW.
Also execute orders for Merchandise through
Itlessrs. FIN I-AY, MCIR & CO.,
CALCUTTA AND BOMBAY.
FOTUKK CONTRACTS FOR COTTON bought andsold on commission In New York and Liverpool.
Lbhhan, Abbahaai & Co.,New Orleans, La.
Lehmak, Duhr & Co.,Montgomery, Ala.
LEHMAN BRO'S,
Cotton FactorsAND
COMMISSION MERCHANTS,40 EXCHANGE PLACE,
Tie-w York.Orders executed at the Cotton Exchanges In New
York and Liverpool, and advances made on Cotton
and other produce couhlgned to us, or to our corre-
spondents In Liverpool, Me-srs. B. Newgass & Co.
and Messrs L. Koaeuhelm & Sons.
Ware, Murphy & Co.,
Cotton FactorsAND
GENERAL COMMISSION MERCHANTS
No. Ill Pearl Street,
N K W Y O R S .
Special attention paid to t le execution of orders
for the purchase or sale of contracts for future
4eUvery of cotton. Liberal advances made on con-
signments.
B. R. Smith & Co.,COTTON
coin mis SIGN merchants,125 PEARL STJIEKT, NEW YORK,
44 Broad Street, Boston*Liberal advances made on consignments. Prompt
Eersonal attention paid to the execution of orders forhe purchase or sale of contracts for future delivery."
E. S. Jemison & Co.,(Successors to MOODY ^k JEMISON),
RANKERS, COTTON FACTORSAND
GENERAL COMMISSION MERCHANTS,No. 123 Pearl Street, New York.
Advances made on Consignments. Future Con-tracts for Cotton bought and sold on Commission, inNew Yor« and Liverpool.
Insurance.
vETNAInsurance Company
OF HARTFORD.Total Aeseti- January 1, 1877 $7,115,621 42Capital $3,000,000 00Rct-insuraticefund. ... 1,741,273 48Unjpaid losBes, etc 4'^9,114 83— 6,170,388 24
NET SURPLUS, Jan. 1, 1877.. $1,945,336 18No. 2 Cortlandt St., New York.
JAS. A. ALEXANDER, Aeent.