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afittanriaD
mmmHUNT'S MERCHANTS' M/IGAZINB,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL. 28. SATURDAY, FEBRUARY 8. 1879. NO. 711.
CONTENTS.THE CHRONIOLB.
The Debt Statement for Jannary,1879 136
TInited States Treasury Statement 136Latest Monetary and CommercialKnelish News 136
Commercial and HlscellaneonaNews 133
Funding Ton Fi^rties, A Loss orGain 10 Holderg 1S1
Tbe Chinese Immi;n^t<on BUI 133Fire iDsurauce, Condition andKato» ISf
Railroad Earning In Jannary, 1879 134FiLanc<al Review of Jannary, I8"'t 134Imponxnd Exports of the tin ted 135StatCB for Dec, 1876 I3J
THE BANKERS' GAZETTE.oney Market, U. _
Railway Stocks, Gold Market,jIstew York Loci 1 Secantles 143
Foreign Exchange, N. Y. City luvestments, and State, City andBanks, etc 189 1 Corporation Finances 144
THE COMMERCIAL TIMES.Commercial Epitome H8 1 Dry Goods 153Cotton 14!i Imports, Receipts and Exports ... 154Breadstnfls 152
iPrices Curreut 1S5
The Commkhoial and Financial Chronicle is issued <>n Salur-day morning, with the latest news up to midnight of FHday.
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them for the pn pose of such solicitation does so entirely upon his ownauthority, and shonld not be understood as having a connection with the
publishing ofBce.
FUNDING TEN-FORTIES, A LOSS OB GAINTO HOLDERS.
The call yesterday by the Secretary of the Treasury
of another 20 millions of bonds makes the amountcalled Id, since the Ist of January, 190 millions, and
leaves only about 120^ millions of the 18678 still
uncalled. As there are outstanding, according to the
Secretary's statement of January 1st, only $37,4'!5,300 of
the IseSfj, the total 15S millions represents the full amount
to be paid before the 1 40s are reached. To-day the quota-
tion for 10-40sis 105|@105;i, which includes nearly 2^ per
cent of interest; hence the actual selling price is about
102|. In view of these facts two questions are being
constantly asked—(1) Is funding to continue at the
present rate, and (2) if so, is it not well fo sell uncalled
bonds at the present quotations ?
There would certainly seem to be a strong presumption,
after the experience of the past six weeks, of the further
rapid absorption of the four per cents. (1.) First, the
very diversity of the home demand makes its continu-
ance probable. (2.) Then, again, the rapid calls that
have been made, lead a constantly-increasing number of
those holding fundable bonds to re-invest in anticipation
of a call. (3.) The low rates of interest still ruling
here, and the very high prices of all good securities,
together with the new confidence felt in Governmentbonds—which resumption first induced and which the
rapid funding is daily increasing—also tend to the same
conclusion. (4.) There is, besides, a growing feeling
—
which tends to increase this confidence—that with
the prolonged distrust and continued depression which
is probable iu Europe, idle capital will accumulate there
rapidly, and very low rates of interest will prevail, so that
after the funding is completed an active demand will set
in for these 4 per cents, giving the present holders an
opportunity to part with them to European buyers at a
fair premium when the money is needed for our revived
industries. This suggestion is certainly very reason-
able. England, not to speak of portions of the
Continent, must pass through an experience somewhatsimilar to our own. Enterprise, through the existing
distrust and lack of profit, being for the time checked,
capital will find in trade no safe outlet. It must becomeabundant, therefore, and, made timid by losses incurred,
will accept only the best securities at high rates.
Furthermore, the evidence would seem to indicate
that there is even now more activity in the dis-
posal of the 4 per cents by the European Syndicate
than the members of it on this side admit. In the first
place, the turn in the tendency of sterling exchange
must have some decided cause. We all know how the
quotation was fluctuating about the specie shipping
point for a long time, and we know, also, its compara-
tive depression ever since the signing of the contract;
and this has taken place in face of the return of very
considerable blocks of railroad stocks and bonds which
the speculative rise in Wall street has forced this wayin addition to the called governments. It appears from
the pre-sent selling prices of almost all American securi-
ties in London that there is a fair profit in their shipment
to this side. This condition, in the case of governments,
seems to be acting in favor of funding operations in
Europe. For instance, the 68 of 1867 have averaged in
London about 104 this week, equivalent, at the ruling
rates for sterling, to 101^ here. Aa there is now more
132 THE CHRONICLE Vol. XXVIII.
than I per cent accrued interest on, the actual price would
be about 101. Consequently, 'ho Syndicate can take in
these bonds, put them in the place of the 4 per cents and
make, besides their full commissioni?, about ^ per cent
interest. For these and other reasons we might men-
tion, we judge that the transfers taking place in London
are perhaps larger than is generally supposed.
But notwithstanding the foregoing considerations lead
evidently to the presumption that funding will continue
to progress rapidly, there is not likely to be so considera-
ble a loss, as appears on the face, to the holders of 10-40s
in continuing to keep their bonds till called. As we have
stated above, the price the past week has been about 105^,
which includes the coupon due March 1st, leaving present
price say ]02f. These bonds cannot, however, be called
before the next coupon would be included, and that would
bring the loss down by reason of the difference in inter-
est^ per cent if called within the next 6 months, and 1 per
cent if not called until the year is up. Undoubtedly the
banker who is selling the 4 per cents will then, as now, be
willing to lose the interest which he makes on the ex-
change, and perhaps part of the commission, for the sake
of securing the balance. If so, 1@1^ per cent above par
could be obtained for them, even after they had been
called. Still, when we have allowed for all these
items, there seems yet to be a loss of nearly one per
cent to the holders of the 10-40 bonds, if called within
six months, and of nearly ^ per cent if called within the
year. Of course, if this process of funding is to stop
fludden'y, as some claim, there will be a profit in keeping
them. But what is the presumption on that point, and
what UHderthe circumstances would be the more prudent
course for the present holders ?
THE CHINESE IMMIGRA TION BILL.
Politics and statesmanship are becoming sadly mixed
in these latter days. We referred last week to the
passage of the Pension bill—a measure without one
good feature to recommend it, but adopted and rushed
through the House by both parties under fear of the
influence opposition would exert on elections. For a
somewhat similar reason the absurd Anti-Chinese bill
obtained a two-thirds vote in the same body and is nowhanging in the Senate, where, according to present
appearances, the " necessities of parties," in view of the
California election, may also compel favorable action.
That bill makes it " a misdemeanor, punishable with fine
" and imprisonment, for a master of any vessel to take" on board at any Chinese or other foreign port more" than fifteen Chinese passengers, whether male or" female, with the intent to bring them to the United" States."
There are so many and grave exceptions to be taken
to this measure that one is at a loss to understand how,even under the spur of party, such a proposal could for
a moment be entertained. Not the least important
objection is that it is opposed to existing treaties. TheBurlingame Treaty provides that " Chinese subjects
" visiting or residing in the United States shall enjoy the" same privileges, immunities and exemptions in regard
*'to travel or residence as may there be enjoyed by the" citizens or subjects of the most favored nations." Thefifth article of that treaty reads as follows:
" The United States and tlie Emperor of China cordially recog-nize the Inherent and inalienable right of man to change hishome and allegiance, and also the mutual advantage of the freemigration and emigration of their citizens and subjects respec-tively, from one country to the other, for purposes of curiosity,of trade, or as permanent residents."
Read alongside of this article the bill seems grossly
inconsistent, for is it not a mere quibble to say that it
does not abridge the privileges or immunities of
Chinese, traveling or residing here, but only regulates
navigation. There is a legitimate way of getting rid of
treaty obligations, and it is the undoubted right of
either of the parties to follow that course when it is
deemed desirable, but the plan here adopted will hardly
be pronounced by any one as legitimate.
Another objection to the bill is that its provisions
render it impracticable. Upon trial, it would be found
at once to be inoperative. The prohibition and the
penalty are attached, not to the act of disembarking
Chinese passengers on our shores, but to the act of
taking them on board at a foreign port. Manifestly, the
misdemeanor can only be committed on the deck of a
ship as she lies in a Chinese harbor; and to bring the
offender within the range of the operation of this law,
it must be committed on the deck of an American ship.
If the bill were law to-morrow, it could not prevent the
captain of a British or other vessel not American from
taking on board as many passengers as he thought fit;
nor could it prevent him from landing them on the
wharves at San Francisco. This, however, is not all.
All our Chinese immigration comes from Hong Kong,
a British province; and would not any attempt on our
part to interfere with the embarkation of any class of
people from a British port, bring us into immediate
collision with Great Britain ?
But it is unnecessary to mention many other objec-
tions which will suggest themselves to our readers, for
above them all is the fact that this measure is absolutely
opposed to the purpose and aim of all our treaty arrange-
ments with the Chinese. We are seeking greater
freedom in our intercourse with that nation, hoping
in the end to possess the larger share of the
Eastern trade. At the time of securing the Bur-
lingame treaty we congratulated ourselves upon its
execution, because it seemed to place within our
reach that cherished object. This bill, however, is not
only a direct insult to the nation, but in its operation
must act as a check upon all freedom of intercourse, and
in the end provoke retaliatory measures; and we shall be
without just cause of complaint, if, in revenge for our
attempts to close our ports against their emigrants, they
should close their ports against our commerce. We are
thus, by attempting to make the provisions of this bill
part of the laws of the land, doing ourselves a grievous
wrong.
If John Chinaman is in any way offensive when he
reaches these shores and takes up his abode among us,
we can compel him to behave himself, and conduct him-
self in harmony with our laws. He does not bring his
laws with him, if he brings his habits; and the necessity
under which he is laid to conform to our laws will ulti-
mately transform his habits. It is no radical objection
to the Chinaman that he underworks the native Ameri-
can, the Irishman and the German. That the Chinese
are coming here in such numbers and that they remain
when they come, are proofs sufficient that they find it
worth their while to come and stay; and the simple fact
that the Chinese immigrants find that it pays them to be
here is proof that their labors are needed, and that they
are to that extent, like all other immigrants, a source of
wealth to the country. If it did not pay them they
would not come. If they were not needed it would not
pay them. Our safest course, therefore, is to remain
true to our own well-tried, well-established principles,
trusting to time and common sense to put down this cry
against the Chinese, as in former years they put down
the not less unreasoning cries against the Irish and the
••IraitVABT 8, 1879. JTHE (^RONKJLE. 133
GermttnB. Our acres are broad. Our mineral wealth w
isezhaustible. There is room and work for all.
FIRE INSURANCE CONDITION AND RATES.
From the annual insurance return«, as telegraphed to
the press from Albany, we have compiled the following
«nmmai7 of the condition of the fire companies of this
city and Brooklyn, as reported at the end of 1878 and
1877:
,—lftvi Tork Companiu , ^-Brooklyn OmpanUi.—
.
1877. 1878. 1877. 1878.
ASMta $41,500,249 $42,824,375 $6,358,308 $6,387,058
BurplDI 12,978.309 14,066,067 2,303,676 2,441,328
Inoomo 16,588,392 14,480,940 2.780,352 2,803,918
Expenditures.... 1»,360,4«3 13,524,180 2,725,748 2,842,696
Fli« premloms... 12,623,335 1,827,005
FiT«lone« 6,811,653 767,163
Ulvldondg 2,375,431 402,784
The surplus here given is net, above capital. Of the
eompanies of this city, 37 increased assets and 29 de-
creased ; 34 increased surplus and 21 lost; 36 made an
increase in both assets and surplus, and 20 experienced
a loss in both. In the Brooklyn companies there appears
but alight change in any of the items. As to the NewYork companies, there has been a decline of income,
more than offset by a decline in expenditures ; there is
an increase of $1,318,126 in assets and $1,088,658 in sur-
plus. This can hardly be deemed a very satisfactory
growth in either, and it appears less so when we consider
that it is not evenly distributed, but that 29 out of 66
companies closed the year with less assets, and 21 com-
panies closed it with less surplus, than they had when it
began. Taking the two cities together, we find that the
income was $17,344,858, of which $14,450,340 was from
fire premiums, leaving not quite 3 millions for inland
and marine premiums and income from investments ; of
the $16,366,876 expenditures, $6,578,806 went for fire
losses and about 2| millions for dividends, leaving about
7 millions for working expenses, &c. It therefore appears
that, roughly stated, of every $173 income $163 are
expended ; that of the latter $65 go for fire losses, $27 for
dividends, and $70 for working expenses.
Underwriting business, which, contentedly or other-
wise, receives $100,000 in a year and uses it up, cannot
be called really satisfactory, at least until surplus be-
comes ample. It is true that the ratio of surplus to
capital is about 68 per cent in the New York companies
combined, and about 100 in the Brooklyn ones, but this
is very unevenly distributed. Fourteen companies have
less than 20 per cent, and seven have less than 10; sev-
eral have nearly consumed their surplus during the year,
and one shows an impairment of capital. We thus see
that surplus is not yet, in most cases, what it should be
in order to make strong companies, and the result of the
past year's business has not been profitable. Evidently
there is something to be remedied.
Strength in underwriting is founded upon three
things, which are closelyl interconnected:—adequate
rates; the existence of ample surplus; the proper dis-
tribution of risks. Evidently there is too little savedfrom receipts. Are dividends too high ? In some in-
stances they may be. In the Brooklyn companies they
were at the rate of 16 per cent in 1878; in the NewYork at 11'44. Stockholders must be pardoned for
remembering that the dividends they draw out they are
sure of, but those they have in surplus are at risk; the
extra hazard is entitled to a liberal rate while it has theprivilege of getting it, and the belter the stock has
been paying the more likely the holders will be to makeup an impairment when the heavy fire come?.
However unpleasant it may be to contemplate paying
more, the rates have been inadequate. The character
of city buildings has radically changed during the past
twenty years Instead of small and low bnildingB
we now have mammoth structures six to eight storiefl
high, of such depth that to reach the interior is impos-
sible; the elevator is an effectual chimney for convey-
ing fire up or down; the iron front is a sham; the
imitation cornice is a fire-conveyer. The contents have
also changed. The modern palace of trade is a series
of open floors filled with inflammable goods, like a stove
packed with fuel; with all the advantages of an unsur-
passed fire brigade, it is understood that when fire once
gets headway in a building of this sort the best which
can be done is to confine it to the four walls. The con-
centration of values has also multiplied, so that the
destruction of one or two of these buildings carries the
loss into the millions.
Now, in the first place, the public need to learn that
an adequate rate means security—value received for the
money; and that an inadequate one is waste, and worse,
because it is a false security. Every fire puts at lisk not
only the property involved and the company interested,
but the unexpired policies held in that company by all
other parties. Whoever drives a sharp bargain for
insurance is really destroying the thing he is buying;
although he excuses it by the chance that the brunt of
loss may fall on somebody else, his guess might as well
be turned into the form of going without insurance
altogether. The company, on its part, risks its ownexistence by taking what it can get, under a senseless
and reckless competition, instead of refusing less than it
can afford. The position is really that one party pays
less, and the other accepts less, than he can afford tO)
each acting upon the chance that the natural conse-
quence may not come " this year."
The buyer must look out, of course, but he is not
likely to put himself in the seller's place and consider
what price he can afford to take. The change mustcome from the other side ; the companies must decide
what are adequate rates and then refuse to abate themone jot. Until this is done, the evils, not only of com-petition run wild, but of bad building, will surely |per
petuate themselves. It is possible to construct buildings
whose walls and floors are impenetrable by fire, but the
extra cost would appear in rents; and so long as some-
body else can be found to take the risks, owners and ten
ants will prefer the imitation sort, with showy fronte.
Another fault to be remedied is the concentration of
risks; to this the purely local company is especially lia-
ble, but there is reason to believe that long immunity fromvery sweeping fires has lulled many companies into someremissness about the necessity of scattering risks.
The fires since the year opened have not only madeunusual inroads upon existing surplus, but have fur-
nished occasion for a rise in rates and a renewal of
attempts, by organization, to regulate and maintain them.
But the error of an undue increase should be carefully
avoided; for its effect, as has heretofore been the case^
would be to attract a crowd of agencies from without
the State, and then to gradually depress rates again be-
low the paying point. Hitherto there has been a vibra-
ting between the two extremes, each one producing ia
time its natural but excessive reaction to the other.
Organization has failed, perhaps, because it was, or wa»imagined to be, dictatorial rather than advisory, outside
companies readily assuming that the city ones wouldlike to maintain a profitable monopoly. The work to
be done is, first, to ascertain the reasonable rates, equi-
distant from each extreme, and then to adhere to them.
lU THE (mRONICLK [Vol. xxvni.
even at the alternative of losing business. Asking re-
mnnerative rates and then accepting as much less as
eome competitor is asserted to be ready to take, is a sort
of Cheap-John auction business, which makes insurance
chance and separates it from the laws of average.
RAILROAD EARNINGS IN JANUARY.
A large majority of the railroads reporting for January show a
decrease in tbeir earninge. 0/ the roads which show an increase
in husineas several are operating a considerably-increased
mileage. The weather in January this year was much more
Bevere than in 1878. and probably this affected the railroad busi-
ness to an important extent. But in comparisons made with
1878 it is to be remembered that the railroads will do well if
they earn only as much as they did in that year, without show-
ing any increase. From the London papers of January 35 we
have the following comparative statement of earnings and work-
ing expenses of the N. Y. Lake Erie & Western Railroad for
the month of October, 1877 and 1878 (the first month of the
current fiscal year) :
1877. 1878.Gross earnings :. $1,535,342 $l,473,.=i32
Working expenses 930,789 854,045
Neteamlngs $604,553 $619,487
GROSS KABNUiGS IN JANUABT.
1879. 1878. Increase. Decrease.
Atflli.Topeka& Santa Fe 315,500Burl. Cedar Rap. & No.
.
1 17,362Cairo & St. Louis* 11,263Central Pacitlc 1,143,000Cliicago & Alton 341,675Cblougo & East. Illinois. 68,167Chicago Milw. & St Paul 592,000Chicago & Northwest . .
.
1,044,230CI. Mt. v. & Del. & brcUs* 19,177Grand Trunk of Cimadat 657,321Great West'n of Canada 1 376,247Hannibal & St. Josepli." 91,340Illinois Cent. (111. line) .. 450,581
do (Iowa lines) 100,573Indianapolis 151. & West. * 67,724Interuat'l & Gt. North.* 97,370Kansas Pacific* 121,889MissouriKansas&Tex.. 191,453Paducah & Elizabetbt'n* l<j,112Paducah & Memphis*... 9,727St.L. Alt.&T.H.(bro'h8). 48,4608t. L.Iron Mt.&South'n. 331,320St. L. Kaus. C. & North.. 256,519St. L. <t 8. E.—St. L. div.* 31,478
do Ken. div.* 18,040do Tenn. div.* 7,124
Toledo Peoria & Warsaw 94,907Union Pacillo 690,541Wabash 312,677
174,598165,411
7,9991,110,"88301,07364,991
703,8651,077,891
19,588668,' 39518,94091,467
487,750136,90990,97087,235
142,570217,02818,20711,00140,075
375,521264,28935,40819,1709,123
130,466697,500386,919
140,902
"3,26432,01240,6023,176
48,049
10,135
8,385
113,86533,661
41111,418
142,693127
37,16936,3^623,216
26,68122,5752,0951,274
October.
44,2017,7703,9281,1301,999
35,5596,959
74,212
Total 7,626,777 8,057,689 238,476 669,388Net deci'eaae 430,912
* Three weeks only of January in each year,t For the four weeks ended January 25.t For the live weeks ended January 31.
FINANCIAL REVIEtV OF JANUARY.The month of January, 1879, marked a turning point in the
financial history of the country. In January, 1862, specie pay-men's were suspended, and gold was first quoted at a premium.In September, 1873, the operations of the paper money inflation
period culminated, and the financial balloons collapsed. InJanuary, 1879, specie paym-mts were resumed by the government,and business interests commenced to revive.
The important event of the month on which the movements of
the financial markets greatly hinged was the unparalleled sales
of United States 4 per cent bonds by the Treasury Department.Duiing the month of January the Secretary called in $150,000,0j0of the five-twenty bonds of 1SG7, the seventy-sixth call, ddtedJanuary 1, being the first call on this issue of 1857s, andto provide for these bonds four per cents were negotiated. Anagreement was made with a Syndicate of foreign bankers for
placing abroad |30,000,000 of the 4 per cent bonds, the terms ofagreement being reported in the CnRONlCLK of February 1,
page 114.
The rapidity in funding and the consequent unsettling of all
holders of government securities liable to be called in, together
with the general tone of buoyancy which accompanied the returnof specie payments, gave rise to a movement of extraordinaiy
activity in all classes of railroad securities, and the business in
bonds and stocks was of immense volume, with prices extremelybuoyant.
The total transactions at the Stock Exchange, compared wUhprevious mouths, were as follows:
U S. government bonds $7,487, "iSO
State Donde
November.$10,7-fi',>i00
751,91013,873,800
1,6473,686,132
December. Jan'tary,87,553,500 t9,l51,030
441,100 751,910 I.i) S.OOa l.Wi.STSRailroad bonds 7,163,400 13,873,800 12,775.000 25,18;,800
Bant stocks shares. 1,881 1,647 870 1,874Railroadandmiscel.stki. '• 4,448,c!52 3,6S6,18i 3,749,353 6,3SS,«8J
The following summ*ry shows the condition of the New York
Clearing-House banks, the premium on gold, rale of foreign
exchange, and prices of leading securities and articles of mer-
chandise, on or about the first of February in each year, from
1876 to 1879, inclusive :
STATISTICAL SUMMARY ON OR ABOUT FEBRUARY 1, 1876 TO 1379.
1379. 1873. 1877. 1876.
New York City Banks—Loans aad disccant:*.. $ 2:18.241,400 241.5-5,500 254,011,800 3!;6 .067,400Specie $Circu ation I
18,631,300 31,230,000 .18,105.100 23,570,80019,488,6011 19,761,300 15,^63.500 n.4 19,300
Net deposits $ 219,219,8JO 2 0,301,71.0 339.0a 1,700 224,509.100Learal tenders $ 54.0«,S00 37,3')«.S1<1 41,305,100 47,:356.200
Surp. reserve (over J5 %)$ 17,877,3:10 16,016,775 23.837,275 13,506,725Money, Cfold, Exchange—Cdlloaos 2-3 4 3-4 3-5
3-4 5-6^102
4.K-5V4105X57Xd
5-6Q.lld . .. . 100 113i<
55Xd.Slver in London, ^ oz.. 50d. 54d.Prime sterl. bills 60 days. 1 84X-1 85X 4 82-4 83X 4 84)t-4 85 4 85X-4 88X
United Stat s fronds—.vao bonds, '67, coop.. .
.
101 Ji 105 ?i 1I2X t21X6s, currency 120Ji 11814
108 1<
123!^
113X125
lO-JOs oupon 105 U9X4X8, 1891, coaoDD lO'.X \om48 of 1907, coupjn 100 104><
Haitm Id Slocki
-
N. Y. Cent. & Hud 116 105K li8¥ lllXErie an« 9M »H 17XLakes. & Mich So rm 62 5\% 675Michigan CenirdCbic.Rk. Isl. &Pac
8 IX 60« 4:5 61X126 Si 99<i 101 ?i 108K
Illinois Central 88 i( 7SH 52 97XChic. & Northwest, com 611
X
35 !i 35 41WChic Mi'. & St. P. com. 42>i 37.V 13V 4IXDel. Lack & West MX ftO^ mn 1 8K( entrnl of N. J 41 17 27X 107X
Merchandise—Coiton, Mid Up., ^ ».. 9K 11 1-16 12 15-16 13XWool. .im. XX |) » ... 25-35 3r-16 35.43 43-43Iron.Am pig No.L^ton 16t>-i8 00 18 00-19 00 20 00- . . 23 00- ....Wheat, No.38uriig,^ bu SO-l'.'l 1 25-1 29 1 40-1 45 1 IS-1 S3Corn, West, mix, ^ ba»h. 4t-4S 41-51 68-61 56X-7UPork, mecs 103 -1050 1150-1175 17 Mil- 7 2i 81 2V-21 40
BANK MOVEMENTS AND THE MONET MARKET.
The changes in the New York city banks in the first monthafter reauiuption were not specially important. There was a
CO siderable increase in legal-tender notes, from $41,832,600 on
January 4 to $53,593,600 on January 25, and deposits also
increased about $8,800,000.
NKW YORK CITY BANK STATSHBNTS IN JANUARY.Jan. 4.
Loans and dlec'ts $234,250,003Specie 80,!'86,200
Circulation 19,8)8.S00
.Set dcpo."iis 20'i,171,0i0
Leg 1 lend-rs 41 8 2 60JSur.ieo'veOTer25)< 11,275.550
Range of call loans 4 (gOKate of prime paper 414a6X
INVESTMENT SECURITIES.
The remarks above indicate the extent of the demand for
investment securities. The several issues of government bonds
not liable to be called in, and every sort of railroad bond, shared
in the activity, and prices advanced in some c.^aes in a manner
that is more common with speculative stocks than with invest-
ment bonds.
OLOSINO PRICES OF GOVERNMENT 8BCUBITIBS IN JANUABT, 1879.
Jan 11. Jan. 18 Jan. 25.
$430 682,Ono |833,16S.401 $-34.41 .,800
If.Hi 2.400 n,:i44.i.00 i7.431.700l't,7»5 000 1^ 767 600, 1 -.617,800
206 4'!.',3 10 211 590,6110 214 981.20045,' 55 400 49.i«.'i,S0J 5!,!>99,«00
12,397.250 14 412,750 17 286,000
2 @4 2 ma 9 (834 ®5X 4 @5 3X(^Hi
Jan.r-68,1881-> ,-6 806
re^. coup. 1867.
106XX102X
.. tO'H
.. 102H
,Cp.-N ,—1fr408
—
186S. re>;. coup., ...Holid'iy.... 108« ....
... WiH .
104X --•• 103X8
58,'8i. r-iy,»:9i-coap. leg. cou,.
, 4s,
con.6s.cor.
107 lOlX lOIX107 W.a liiS
iMH ....9-',i< ...
»9X 119>«
6 106X106X102 lOlH 107K 10J>i .... 99X ,....
i.. .
'.
1I«X lOtiK 102 104X 108X 108X 107X ... ICSX
106>i 106X 10* lOaJi .... 105X H >X99X 119X
9
1011
12
13
14
15
Ifi
lOdx K2 lOJ 107X .... 10>X107X ti7<
lOSX 106X 102 104X 107;4 107>i X07;4 105^4 ....
. .. S106X .... 107X 105X ....
106X ... 103 101 in7X .... 107X lOJji 105X.... 106'i .... 1112 lOS.ii m% ... 107« luH lOJX
1(16(4 .. lOi .... 107 107X If^H 116
.... 119X... 120X9?X i«J>f
six " '.'
)>'.lti 180^99K ....
99^ ....
!7
18.
19
106X 103X .... 102X 107 .... 107X 106 108
.. ..„ ..?. 10;x 106 IDS
s
.... 120X»9X ....
8021
a83u«
'.".'.'.ICT
".'... i03X m% .... 1C7 .... 108 lOSX 9JK ••.
102X 1U3X 1*1
..... 106X ..'. .... loaw ioih; .... i-« «9K 120X..?. 106 . . IO6X .... "6 100 120X
106« .... lOlX ••. 105 103 106X 106X l'i>X 100 14)Jk
106X lOlJ, ... lOlX 106X lOoX8
a28a**
.'.'.'.'.'". lOtx icfix1IW« lOJJi 104X 105>< 108 106X10 X lObX iOia lOlX I06'< )il6 lOjJi
IJO
30 lUbX .... 102 I06X 106 .. ....
81 105 IOjX ... mx106X 106SX102X lOtX 108!4 103X 107 lOlX lOtX ^"^M 118X
Ighesf. 107 16X I02X 1j4V lO-X 108X 107X 106h 10 X 100 KIXLowest 106X 106^ lOlX li2S( lOm MIX 115X 104X l"4X SkX I1»>«
Closing 106X lOSX 102 103X101X103 108X106 108.^100 121>i
Opening
.
Highest..
FrbruaiitS, 879.] THE (JHRONICLE. 135
ouMtHii rnion or oomoia axo n. i. (loinunu at lohook ih jANDAnr.
D»te.
Ju.
Ooniol*for
Mouay
MXSi 5-18
7 95 »-lii
SIM 7-16
SIW n-i>.10 0) r.-ie
93 U-Ii
M i-ieISIH S-K
95 I&-1S
96 IS-IK
U.8&-90,
1M7
iwi
lOlM
104
IMV,103VI01«103H
iosJKliM]^
IdiWlunvma
10-40
<1.T.
IIOKMOHItOK8. .
1I0JKIII
IIOVllOHIIOKllOXS.
110]^
HUM110)4llOJi
llOJino!<s....
••of New1881. *>i»-
I09« IflTJi
t<>9X 107K109X ia7X
109K 107V109H m\IWH 107VIC9X 107«109M 107%
10«V10«V
lOJV
106
106)i108HlOJH:u-VliSV
Consols n.8.Dat«. for 5-»i, 10- 10 Ssof
Money. ll>«7. 1811
Tim. au 9« 3-16 lOIV ro 08" tl 96 &-lii lOSH 10liV< ll'7Ji• jg 96 5-16 10 IH :09V IIITV" 83 96 5-16 •MH 1W14 I06H" M 96 1-16 •MH lii-H 107V" as 93 15-16 lOJX; 107 >: 107V" Ml s. ..
" t7 a 15-lf. I08V lorv 107V" UK 9J7< in IV 107 lor" 29 BS 18-1B io:)'-< 101 M«T<" SO m 5-16 lOt 1117 107" 81 96 5-!l. I03H 07 107
Op«n. .
Highest'5.'^ llMJi mix KIOK96 5-16 \M\i III 109V
Loweit M« lOlV !0«H IU6VClosing 98 5-16
10!V<ll-} 107
as- H M 5-16 ;o4« 111 l''9V
i^U 95),' 108X 106X 108V
New<Vs.
103KIU8IIl:>8V
I08Vt«»V108X
ionji
108«109101)
WVIiWl(i«V
I07XlOiV
l''9V
RAILROAD AND MISCELLANEOUS STOCKS.
Speculative stocks dlJ not at first show so great buoyancy as
bond-, but subsequently there was a heavy movement in stocks
and prices jumped up with remarkable facility under ihe large
purchases by outside speculators. It was commonly remarked
that there had not been since 1873 so large an interest in the stock
market from outside purchasers.
The following table will show the opening, highest, lo i" est
and closing prices of railway and miscellaneous stocks at the
New York Stock Exchange during the months of December and
Jaanary :
aAHsi or STOCKS ra dicexbib ako jakcart.. Decem'ier. , . January.. ,
Railroad Stocks.Dec. 2. Low. High. Dec 31. Jan. 2. Low. Ulirh. Jan. 31.
Albany & Sosqaehnn. t-iO 70X 'I'Oi TSJi 77 77 82V *81Bar. C. Rao.* North, 'ai 2-JV 8^ 2J . S* 55 . *i3Oanada So'aihern ... 40 88 45V 45H 45V 4.^V 58V 5<>
Oentral of N. Jersey. -HH 2<>H 3tV 33V 34^ 33>i 46 43VChicago & Alton ••.9 S 80 '<9H TOV WV 88 86^
do pref 'lOS . .. 105>^ 10<)
Chic. Bnrl. * Qiilncy 'llOX 105V 111 HI Ul% IIIV 117V V.i'^Chic. Mil. A St. Paul. 35 33V 37 36J< a7V HH 48V *iH
do do pref. 71 71 16% 7«.V 77 74V 85V 83Chicago * Nsrthweet 46% xl5V 50V i50V 50V 49V 65V 60},'
do pref. 75V x74V 78Ji x78.V 78!i 76J< 88X S.s
Chicago & Rock lel'd Iirv lI'iV I'^-'i zl20V l^V 119 128 127^Cleve. fol. Cin & ltd. 3J 81J4 84V 34X 84V 3t.V 4SV ^iCleve A Pittsb'g, guar 82V 8-)V BOi &3V Myi 31>^ 94^ 93VOolnmb. Chic. 3b I. C. 5V 6V 6>i 5K 6 5 6 *b}iDel. Lack. & Western 46^ 41 47 42;i 43)i 43 5SV 51 !4DnboqaeAi Sioux C. t55 55 65 •5fi .... tO 61Brie (4 utess. paid . 18>i l;v 2!V 22V fil% 31V 27^ 26do ptf. fass. P'-ld 29 38 37 37'^ 32V 51V 49
Bannlbal & St. Jos. . . 14V 13 15 13V l'<7< 13V io>i 14Vdo do pref. 8-iJ< 83>^ .?6i4 Hiii S4V 31 40 38V
Harlem 'UU xl.'i9 143 'ISO 141V' l^OX U5X »I43do pref 142 142V
Illinois i^entral . ... 7*V 74V 79V 79^ 80X £0 69 87VJKansas Paciflc. UJV 10 IIV *«« ... »X 13 tl2L'lke 8h. & Mich. So. 69 68V 71 V x68V 69 67 74V 72XLoui'villc& Nashv .. 39 39 89 37 87 t35Michigan Central ... m)i «7H 75 x73V 7SV 73V 90V 88VMo. Kansas & Teiaa 7 5 7V 6X 6¥ 6Ji 6V t^VMorris A Essex 80 x73V 80V x70 76 75V f6V 83NewJersey 1.30 130 134V 13lNew Jersey Sonthem tlV IV 2V 1% 2 IV 3H 2VN.Y.Cent.&Hnd. Riv tllVxIlflV lU xlU IHV H'V 11"V HBVN. Y. Elevated '90 9T 118 IIB 125 125 148 140N.r. N. Haven AH.. »ICO 155 157 'lO? .... 159 IBIX *1<^Ohio* Mississippi... 7V 7V 'Ti "V "iH 7V 1114 10
00 prof. .... 15V 19V 19V ••• 19 33Panama •Ij2 121 1S3 •192x 123 123 126 *13lPitts. F.W.iCh.,gna .... xV9% lOJ 'OSV *U0 101 107)4 10514Rensselaer & Sara . . 100 100 100St. L. Alton & T. H. 4V 4 4V 'S .... IV 3 au
do pref. 9V 9 10!4 *6 ... lOV 118t.L.IronMtASonth *H 11 IJ^ 18 IS 18 17!< 168t.Loni8Kan8. CAN TV 6V 7X 7 7 « 8
„ ,^i„ „*° P"' '*'< ^*^ ""H *5V 25V asx 88X 36X8t.L.*S.Fran 3X 8V 4V 3H .... SV 8X ...do pref VA iu 6V 4V 4K 4V
., . *2 .- 1««P«' "V 9>? nv 9V IIV SVUnion Paciac 68 65V 68 x«6V 66V 57V 68V 65Wabasli «0V SOV 83^ 2l« 22 aOV 85 81IHIaeellaneoaa.P»ci«<:Mall 14X UX 15V 18« 18« 10% 14 laAmej lean Di.str)ct Tel SO 20 80 28 38V *35Atlantic & PaciBc Tel •gJV 28V a9V "aSJi 29 29 38V 88Gold & Mtk.Tel.siraph .... ? 'eo (4 64Western Union Tel . . 9*% x98V 9«V xlSJi 9«V 9tV lOSV 101
V
0»nton *80 82 J3 '23 .... a4'4 30V 'iOVOonsol. Coal •SB 84V S4W +8:1 .... 80 SO *n%Pennsylvania Cnal 140 141 tl50 .... 135 135 tlS7Homestakc Mining 21!^ jgU 85ManposaL.&.M 8V 8V t3 .... 1 1
do prf +8U .;;Ontario Silver Mln'g +40 88V 89Jtf 89 .... 89 89U imQoicksUver 'lO lOV 18 Ml .... 18 16M tuS... •'"^ P'"' *'» '2 83V 'aa .... 3J 35 •83'<Adams Express... .. I01V 106X 107 l''5>f 'lOSV 105 107 106VAmeriran Express... 49V xl6 .50 i46 •46 4H>tf 4iiu 4914Un Slates Express... '17 45 475^ '45 46 45 50 50Wells Fargo Express. •98V 95 99V 95V 9i)i x93 x99 'iMDel 4 Hud Canal... i7x MH 88V 88 88V 88 45V 42Pnllman . alsce 74V 744 ... 74 78H 81 81New York Ois 80 80 80Solro Tunnel 5 8V 5 4V 2X 4.V
'..'.
KXCnANGB.Foreign exchange began to advance under the large calls for
five-twenties, as it was anticipated that the bonds would comeback from Europe so rapidly as to call for gold shipments. Butafter the Treasury agreement with the Syndicate for placingbonds abroad, exchange weakened and the fear of specie ship-ments was dispelled. '
Jan. 1." 8." 8." 4.
" 5,•' a." 7." 8" 9."
10."
11."
18."
18."
14."
15."
16.
Range..
BAintaM* tTiBLnra
to daya a days.Holldsy
.4.8tV%4 88 4.87
.4.blva4.8«M 4.86V1
.4.8l!K^.Sav 4 8«Xdt. . 8
.4.8aV94.88 4.87V£64.
.4.."avai 83V ' "' "
.4 81«.$l 81V
.4 88VS4.8SM
.4.83V$i 84
.4.88V®4.8t8
xoaADoi ros ^airaAiT, isn.
«0 days.4.H4V&4.8S 4.
4.8<xS4.86 4.8. .
87V8714
67.V
I 8;Vil44.H1IV1944 87>4$44.8:V3'<.
Si8887M8838
.4.8IVia4.S4V 4.''7Vi
4.^8V$4.8IV 4.87;i^.4. 84)494. ^5 4.87Vld4,4.84V<at.85 4.87X^4.
Jan. IT.•' 18.
,
Slavs,f71(^4. sav87X^4 8!Ui
m'HiU'.m
'
i<"vo4.raHrav«t4.b«88Va«.89.I)8v34 8t
89' ao.
at.
.4.84V94.8BV 4
.4.84Va4.85V 4
.4.8IV9I.8^V 4
.4.84K'(»4.86V 4
4.81V" 4. 85.V 4'
8;v
»7Vi
(»4 8srt87X
4.88H
.4.81V04.864 4.e6Va4.89M
IMPORTS AND EXPORTS FOR DEC, 1878.
Statement, by Customs Districts, showing the values of mer-
chandise imported into, and exported from, the United StatM
during the month of December, 1878:
CustomsDistricts.
Alaska, A.T.Ai'mrlc, NC.Alxclna.Va.An'polls, M(lAp'cbcola, FAroost'k.MiBaltimore .
Bangor, MeB'stable, H'sBath. Me.Beat fort,NCBeaufort, SCBelfast, MeBnstnn, Ms.Brazo?, TexBridL'et'nN
'
Br'lAW'n RIBrunsw'kGaBuirCrk,NYBurl ton, NJCVlnc't.NvCiistine, Me.Chmprn,NYCharl^tn, SCCb'stone, VaChicago, III.
Corpus ChrisCuyahoga, ODelaware, DD. troit, .M'hDuluth. MinDunkirk NYEa8tDist,MdEdgart'n.MsErie. Pa....Fairlleld, CtF. Biv. MjseFernaiidina.P. Hay, Me.Oalvest'n. TGenesee.NYQcorge'n.noGcorge'n,8 CGioii ler, MsGtElIar, NJHuron, .MichKenncbk,MeKey West, FL E Hur, NJMachias, Me.Mar'head, MMiami, OhioiVlic'gan, .MbM'town. Ct.Milwauk, WMin'sota, M.
Importi
t
1,282,.567
3,8'}g,991
115,253
326,191
ai'.eoe
32i376««,241
49,675
621819
21,89.
b,815
104,461
,—Exnorts.-Dom'tlc
SFor'n
$
4,148,974 3,0b0
4,889,711,69,95179,i87 90,331
86,240
11^480
88,470,267,877
26,917
8T',5i6
,540,78211,699
372,666
lo'iVo
88.584
49;
2,669
CustomsDistricts.
Mobile, Ala...\fontana,ftc.
Nintucket.MsNatchez, Ml asNewark. NJ..N Bedford, MsNburyport,MsNiv Haven, CtN London, CtH Orleans, LaNewport. R.I.New York.NYNiagara, N.YNi,rfolk, Va..Oregon. Or..O'gatchle. NYO-iweco, NY.Pamlico, NC.P del Norte, TP'quoddy, MeP. River, MissPensacola, F..P.Ainboy, NJ,Peteisbnrg,V»Philadelphia.,Plymouth. MsPortland, Me..Po'mnntt), NHProvidence. RIPt. Sound, WTRichmond, VaSaco, Me . - -
8. Harbor, NYSalem, Mass..Saluria, Tex..San Die^o, CalSanduekv, O.S.Francitco.CavaoUHh, Ga
S. Oregon, OrSt.Aug tine.FSt.John s, F..St. Mark's, F.St.Mary's, Ga"tonington CtSaperior,MlchTap' nock, Varechfe. La. ..
Vermont, Vt.Vicksb'gMiss.Wal'boro, MeWillamette. O.Wilm'tou. NCWiscasset, MeYork, MeAll other dtsts
Imports.
88a,bT7
6,689
644,206
22,4Ca2'i5182.2
6,933
88i4!>8173,470
6:',n98
85,809
349
1,310,268
47,038
9,414»iil
6,691
1,768,677
1<,307
-Bxnorta.-Kor'n
.
$Domestic
«l,010,l'4»
96,946i2!,r"
7,468,406 4,411
36,367,'4'6i 8184145ia
1,501,831
ai^MU13,091
7i89667,628
399',59i
141,884
8,086
79^274
4,605,»!1
403,553
4.3,214
113,048
55,465
2.451,8253.4'<8.5i>4
149,006
658^868
4n,t'8
8,310
18i846
8,938
51,578
188
The following are the totals for the month of Decembar
:
ImporU...|;81,494 618 I Domestic exports. $65,596,221 1 Foreign ezp'ts,$l,090,0s'^Specie value of domestic exports, (65,5)3,185.
Comparative statement of the imports and exports of the
Dnited States for the month ended Dec. 31, 1878, and for the
twelve months ended the same, compared with like data for
the corresponding periods of the year imme.liately preceding:
spaoii VAi.tTB3.— corrected lo January 88, 1879.-1878.
Month 12 Mos.of ended
iferchandiee. December. Dec. 81.
ExporU—Domestic $65,531,185 #72J,.52S,161
Foreign 1,0(0.035 1.3,1105,252
1877. .
Month 13 Moa.of ended
December. Dec. 81
t69,0il8,l',9l $607,566,4951,I%,6j4 18,735.917
Total ... t66,R8l.2M 1786,313,418Imports 31,4(4,691 431,790,842
t70,2»,19S $6Sn.S02.4H30,534,076 480,248,300
Excess of exports over imports $35,188,527 $3 4,542,571 $89,751,122 $140,068,118Excels of imports over exports ,
Oold * Silver (coin * bullion).
Exports—Domestic $912,094 $19,561,890Foreign 680,452 7,308,810
$1,589,416 $37,436,561330,451 10,883,006
Total $1,461,516 ta6,8^5.20:)Imports 1,685,513 •J8,889,373
$1,919,897 $t8.319,S«7i,67a«>5 28,r7i,-a5
$949,631) $24,548,968Excess of exports over Imports $ $Excess of imports over exports a81,9<>7 1,974,173
Total Uerc/iandite and Spede.
Exports—Domestic $8'i,475,2'9 J74'2,(189,551Foreign 1.610,487 21,tuii,068
Total $68,'>f5,76(i $761,I9',6I8tmpoits 83,181,206 460,6»,815
Excess of exports over imports $34,li04,56 1 $80 ,588,308 $40,000,764 $181,604,484Excess of imports over exports
$70,888,040 $645,003,0881,577,055 8J,«18,n8
$73,'30«,r95 $A> 8,821 ,979
88,804,811 504,017,615
136 THE OHRONICLE. [Vol. XXVIIL
THE DEBT STATEMENT FOR JAN., 1879.
The following ia the ofladal statement of the public debt as
appears from the books and Treasurer's returns at the close of
businees on the last day of January, 1879
:
Interest -bearlns debt.
Character of Issne.Anth'rizing
Act.
5sof 1858 Jane 14,
taof 1881 Feb. 8,
•b, Oregon War March 2,
6«of 18S1 Jnly&A.6gofl88I MarchS,IS«, 10.40'B March 3,
68, 5-208 of 1865 March 3,
68, 5-206 of 1S87 March 3,
68, 5-208 of 1868 March 3,
69, Funded Loan, 1881 July 14,
4X8, do. \»<n July 14,
4a, do. 1907 July 14,
38, navy pens'n f'd,'68 July 23, '68
InterestPeriods.
187418801-81
18811881190418S518871888188118911907
&S.*<fc J.& J.
& 3.
.—F.
.—M.
.—J.
J. & J.
Aggregate of Intereat bearing debt
.
Bond8 Outstanding.
Eegistered.
$260,00014,035,000
130,891,75055.926,350144,300,90018,205,650
124,835,30016,2B8.000
254,769.000165,539,700
190,068,260
Coupon.
4,380,000945,000
53,429,60019,0:3,15050,265,4007,879,900
164,771,59021,197,300
253,671,35084,460,300140,631,760
1,115,100.400 1835,705,26014,000,000
»l,95),805,f50
• Conpon8 of $50 and $100 bonds are paid annually in March.The Bizes or denorainatione of each issue of bonds a aa follows: (a) Coupon,
$1,000, registered ;t5,000. (6) coupon $1,000, registered $1,000, $5,000, $10,000,
{«) $50, $100 and $500. {d) coupon, $50, $100, $500 and $1,000, regUtered, sametad lUao $5,000 and $10,000.On the above issues of bonds there is a total of $5,9;9.2SS of interest over-due
and noi yet called for. The total current accrued interest to date is $16,706,580
Debt on Whlcb Interest Has Ceased Since Matarlty.There is a total amount of over-due debt yet outstanding, which has never
neen presented for payment, of *6,H08,030 principal and $320,622 intereat. OfHUa amoont, $5,877,763 ia on the " called" five-twenties.
Debt Bearlns no Interest.
Character of Issue.
Old demand notesLegal-tender notesCertificates of deposit.Fractional currency...Gold certificates
Silver Certificates
Authorizing Acta.
July 17, 1861; Feb. 12, 1862Feb. 25, 1862; July 11, 1868: Mar. 3, 1863.
•Mine 8, 1872July 17, 1862; Mar. 3, 1863; Jnne 80, 186!March 3, 1863February 23, 1678.
Aggregate of debt bearing no interest.
TTnclalmed Pacific RE. interest
Ao^ount,
$62,0153!6,681,01840,940,00016,027,49017,626,700
2,671,180
$423,908,4068,197
actual returns from Assistant Treasurers, depositaries and super-
intendents of mints and assay offices.
I.1\BILITIB3, FEBBaABT 1.
Fund for redemption of certificates of deposit, June 8, 1872. . .
.
$41,200,000 00
Post-offlce Department account 2,613,237 99
Disbursing officers' balances 14,973,181 94
Fund for redemption of notes of national banks "failed,"" in liquidation," and "reducing circulation" !l,35n,869 75
Undistributed assets of failed national banks 1,M8.791 77
Five per cent fund for redemption of national bank notes 13,480,390 36
Currency and minor coin redemption account 4,215 02
Interest account ,vv^- ".:. •.-;.• ^'9'™? S2Interest account, Pacific Railroads and L. & P. Canal Company. 1,080 00
Treasurer U. 8., agent for paying interest on D. C. bonds 84,786 29
Treasurer's transfer checks outstanding 2,490,198 45
Fund for redemption of national bank gold notes 1,720 DO
Treasurer's general account-Special fund for redemption of fractional cur'ncy $8,560,824 00
Interest due and unpaid 0,889,283 87
Called bonds and interest 6,928,703 15
Coin certificates 20,197,880 00
Balance, including bullion fund 304,309,305 28- -345,986,001 30
$433,635,297 78
Recapitulation.
Ikterist-bkariso Dkbt—Bonds at 6 per centBonds at 5 per centBonds at 4X per centBonds at 4 per centNavy pension fund at 3 per cent
Total interest-bearing debtDebt on which Int. has ceasbd siNCB Matcbxtt.Dkbt bearinq no Interest—Old demand and legal tender notesCertificates of deposit.Fractional currencyQold and silver certificates
Total debt bearing no interest.Unclaimed Pacific RR. interest
AmountOutstanding.
$666,839,000703,266.650260,000,000
330,700,00014,0J0,0l)C
Interest.
1,954,805,660
. 6,608,080
$346,743,03140,940,000
16,027,49520,197,830
$123,90!',406
Total $2,385,322,136Total debt, principal and interest, to date, including interest duenot presented for payment
Total cash in Treasury
Debt, less cash in the Treasury, February 1, 1879.Debt, leee cash in the Treasury, .lanuary 1, 1879.
.
Decrease of debt during the past month.Decrease of debt since June 30, 1878
$22,695,869320,622
8,197
$23,021,639
$2,408,346,826382,45 1,695
ASSETS, febhuabt 1.
Gold coin and bullionStandard silver dollars
Silver coin and bullionOold certificates
Silver certificates
National bank gold notesFractional currency .
Quarterly interest checks and coin coupons paidRegistered and unclaimed interest paidU. S. bonds and interest ,
Deficits, unavailable fundsDi^cosits held by national bank depositariesUnited States notesU. 8. notes (special fund for redemption of fractional currency).National bank notesOne and two-year notes, AcNickels and minor coinsNew York and San Francisco tEchangeInterest on District of Columbia bondsSpeaker's certificates. Forty-fifth CoupressRedeemed certificates of deposit, June 8, 1872
Pacific Railroad Interest paid
$133,756,'
17,874,
16,491,
544,
2,170,
80,
m,549,
514,
8,128,
690,
166,3)1,
62,463,
8,560,
12,293,
1,433,
678
,906 65.457 00,333 63.1120 00.840 00.425 00.014 32,032 81,127 58,553 29,848 30.141 36.706 941,824 00,9)6 S3804 50,983 10,600 09
172,268 07755,000 00
$433,635,297 78
pt0ttctatrijl(S^axnmtxtixa^ugltBTtl^ews
BATES OF BVOHANGE A.T I,ONDON AND OPi LONDONAT LATEST DATES.
1{XCHAN<4B AT LONDON-JANUARY 24.
$2,025,896,1302,028,648,111
$2,751,9809,890,711
Current Liabilities—Interest due and unpaidDebt on which Interest has ceasedInterest thereonQold and silver certificates .'.'."...."...
United States notes held for redemption of certificates of deposit.United States notes held for redemption of fractional crn'rency...Called bonds not matured for which 4 p. c. bonds have been issued.Cash balance available February 1, 1379
Available Assets—C»8h in ihe Treaenry
$5,989,2886,608,080820,622
2\197,8S040,940.000
8,560,824157,161,950142,6-2,049
$332,450,695
882,460 695
OH— TIKS. BATE.
Paris short.3 mos.
25.20 ©25.30Paris 25.42>[email protected] 20.61 ©20.65Hamburg 20.61 @20.b5Frankfort 20.61 020.65Antwerp " 26.45 ©25.50Amsterdam. .. short. 12.1>[email protected]
114X il2.4%Amsterdam . .
.
8 mos.Vienna ** 11.95 ©12.0Oenoa " 2S.22Xa28.27KNaples 28.22J<a28.27WSt. Petersburg. " 2J>4@i25iMadrid
*'46 ®46>i
Cadiz " 46 ©46VLisbon 90 days. 61?i®51JiNew York....Alexandria
—
Bomoay 60 daya. U. ~Xd.CalcntU " U. 7bid.Hong Kong... ..a.
Shanghai
KXCHANQK ON LONDON.
LATESTDATE. tijib.
cheques
BATH.
Jan. 2). 25.22X
Jan. 24.
Jan. 24.
Jan. 34.
Jan. 24.
Jan. 24.
short. 20.4220.4220 4225.27>412.10
Jan."24.Jan. 24.
Jan. 24.
Jan. 21.
Jan. 21.
3 mos.short.
3 mos.short.
116.6047.4527.4523 1-SJ47.60
Jan.' 24.
Jan. 22.
Jan. 23.
Jan. 23.
Jan. 22.
Jan. 22.
60 days.3 mos6 mos.
4.86'
95XU. 8H(f.
1». 8 l-lSd.31. BHd.6*. IKrf.
Bonds Issued to tbe PaclUc Railroad Companies, InterestParable In Lanrtnl money.
Character of Issue. AmountOntstand'g.
Central PacificKansas PacificUnion PacificCentral Branch, Union Pacific.Western PacificSlooz City and Pacific
Interestpaid by
United St's
$25,885,1206,303,000
27,236,5121,600,000
1,170,6601,628,320
$16,463,6724,427,083
17,603,9921,117,8081,1.36,197
1,024,651
Intel estrepaid bytr'nsp't'n.
$2,516,7421,766,457
6,207,66973,1429,36;
83,643
Balance ofInt. paidby U. S.
$13,946,8302,661,06511,896,3221,014,6651,126,830941,002
Total $64,623,512 $41.773,745 10.65r,02.S $31,116,717
The Pacific Railroad bonds are all issued under the acts of July 1, 1862, andJuly 2, 1864; they are registered bonds in the denominations of $l,00n, $5,000and $10,000; bear 6 per cent intereat in currency, payable January 1 and July 1,and mature 30 years from their date.
UNITED STATES TREASURY STATEMENT.The following statement from the office of the Treasurer for
February I was issued this week. It is based upon the
LFrom onr own correBpondent.1
LONDON, Saturday, January 35, 1879.
This week's Bank return is certainly disappointing. Although
the ease of the money market is so great, and although the
Bank is experiencing very little demand for accommodation,
owing to the fact that its terms are now considerably above those
of the open market, there is an increase of as much as £1,220,686
in the total of " other securities." It is inferred, therefore, that
some demand for loans has arisen in order to strengthen the
position of some of the provincial banks. The return evidently
indicates a great want of confidence ; but when it is borne in
mind that the banks now hold much larger reserves than they
had previously regarded as necessary, the present proportion of
reserve to liabilities at the Bank of England at 3110 per cent
cannot be regarded as altogether unsatisfactory. It is very evi-
dent that there is a good deal of deep. seated distrust, and it is
daily becoming more evident that the process of recovery will be
slow. The directors of several of the banks at the meetings
recently held were very desirous of explaining that they were
granting liberal facilities to traders, and that such a course was
necessary in order to prevent a panic. Even if we admit that
such a remark was true last year, it cannot be said that it is so
DOW. Safety first and profit afterwards is more their motto, and
the policy is, no doubt, correct. At the present time, holders of
choice bills can get them discounted at 2^ and 21 per cent. The
i banks and discount houses are only too willing to acquire such
ftSBBUAKTS, 187U.J THE CHRONICLE. 137
paper; but dlitrust has reHtricted tbo supply, atul hence, while
bills the quality o{ which Is indisputable are readily taken,
some ditHoulty is experienced with regard to less well-known
names. There seems to be no reason to doubt the opioion that the
value of mocey will continue to decline. The trade demand is
yrry limited, and there can be no improvement In it for some
time to come. Not only is trade very restricted, but, at the
same time, prices are low. and hence comparatively little capital
U necessary for the country to con'luct its business. The prob-
ability seems to be that before long the Bank rate will once more
decline to 3 per cent.
The government have this week repaid the Bank £1,830,000,
being a portion of the amount borrowed to pay the dividends.
A large amount of taxation was due on the let of January, and
large amounts are now being daily paid into the Treasury. The
Treasury balance, however, was, owing to the above payment,
dimioisbed by £487,411, and the total does not exceed £8,973,478,
against £3,705,653 last year. The government has now a large
floating debt to deal with, which, when Parliament meets, will
certainly encounter much hostile criticism. The amount, beinji
tbout £25,000,000, will afiord the Liberal parly something tangi-
ble about which to find fault. The Chancellor of the Exchequer
will not deliver his Budget speech until Easter, and during the
period which has to elapse before the Eister recess the Treasury
•will have received large sums from the public, and will have
probably rednced the amount of floating debt considerably.
Now that political aflairs look more hopeful, some important
redactions of expenditure can be made. If the Conservative
party wish to remain in power, they will have to look to the
financial situation, and will have to propose, if possible, efficient
measures to equalize revenue and expenditure, without resort-
ing to increased taxation. Increased burdens on the people in
times like the present produce discontent, and the government
will avoid them. If it be practicable. The British public do not
object to a judicious expenditure of money when proof of its
necessity can be shown ; but when no further necessity exists
for it, retrenchment is veiy quickly agitated.
The demand for money dating the week has, as already
indicated, been exceedingly limited, and the rates of discount are
Tery easy, as follows
:
Per c«nt. 1 Open-market rates
:
Per cent.Bank rate 4 i 4 moDttas' bank bills iii<3>ViOpen-market rates: I g maoths' bank bills 2;(@3Maud ROiiiys' bills iHWIiiX 4 and « months' trade bills, a QS^tmonths'bUls iKO^X I
The rates of interest allowed by the joint-stock banks and
discount houses for deposits are subjoined
:
Per cent.
Joint-atock banks 3XDIacooDt boutesat call i%Dlacoaot nooses with 7 days' notice iiiDlscoont houses with 14 da;s' notice i\
Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discoant, the price of Consols,
the average quotation for English wheat, the price of middling
upland cotton, of No. 40 mule twist, fair second quality, and the
Bankers' Clearing House return, compared with the four pru-
Tious years.1878.
£37,438.640
!6.110.l';8
17,668.600
11,809,437
ISIS.ClrcnlatloD, Indadlng £Bank post bills 33.M6,8«4
Pabltc deposita 3.t>73,47e
Uther deposits 33,S99,4iagoTemmentfecDrltles. n.0S-2,9<4ther sectirUiea 26.871,438
Reserve of notes andcoin 11,466,447
Coin and bnlllon Inboth departments . . . J9.7C9,83r
Proportion of reservelo lUblllUes
Bank-rate , 4 p. c.
Conaols t6)<(
Ingliph wheat.av. price 9ftf.llfil.
Mid. Upland coiton... i}ii.No. 40 mule twist 8Hd.
W,616,')9}
31,711,731
41-84?. p. c.
95538. Id.
8Vd.lOMd.
90,811,000
1877.
£»7,970,7»44,101,<i33
27,a(>5.»18
17,317,87817,762,841
14.59I,0;s
27,3:0,0»
45-83
2 p. c.
W\t6 la. lid.
6 13-16d.llKd.
91,06i.OCO
1876.
£37,070.3364,83ti,4e5
19,!6S,l-;3
14.5S8,96017,130,828
10,479,763
32,346.347
4 p. c.
HH.44s. 9d.
6Xd.Is Ud.
90,376,000
1875.
£38,135,6653,761,81519,7t6,^1314.820,060
15,616,183
11,9;C,509
22 7:6,131
8 p. c
Mf. »d.
7Xd.la Od.
.4S(>,oa)Clear!£ Uoose retom. 93,476,00]
There has been a better demand for gold for export during the
week, and the whole of the Australian supply has been sent to
Germany. The Qerman government is now a seller of silver,
and has disposed of a considerable quantity in this market duringthe week. Silver has been in better demand, and a large business
has been done at OOJd. to SSid. per ounce. The price is nowBOfd. per ounce. 1 he steamer for the East has taken out £590.-
000 in bars. Mexican dollars are dearer, the present quotation
being 49id. per ounce. £71,700 has been shipped to the Eastthis week. The prices of bullion are as follows :
Bar Gold, fine ....peroz. alandard.Bar Oold. rcftnable per oz. standard.bpaniati Doubloons ..per oz.Booth American Donbloons "..peroz.United States Sold Coin peroz.Qerman gold coin peroz.
iLTra. d.
Bar Sllrcr, fins per OS. standard, nsarest. tO%Bar Silver, conlalnlog 5 grs. Gold poroa, " 51MozlCHO Dollars percz., " 4t)iiChilian DolUrs per oz., non« here.
Qnlckallver, £6 '*. 6d. Dlsoonnt, 3 per cent.
Tenders for £400,000 in Council bllla were received at the Bankof England on Wednesday, £250,000 being allotted to Calcatt*
and £150,000 to Bjmbay. Tenders on Calcutta at lit. 7|d. per
rupee received 21 per cent, and on Bombay, at Is. 7 7-16d., 48 per
cent.
The following are the current rates of diaoant at the principal
foreign centres :
p. cPans 3Bmssels inAmatordam 4Berlin 4Hamborg 4Frankfort 4tyeipzig 4Genoa 4Geneva. 4
Bank Openrate, mark't.
p. c.
iW3«4
2X033 mx3H4
Bank Openrate, mark't.p. c p. c6 5St. Pctcrflhnrg
Vienna and Trieate. .
.
Madrid,Cadlzand Bar-celona
Lisbon and Oporto..,.New YorkCalcotuCopenhagen *%^ <HW
On the Stock Exchange, during the week, business has beengreatly wanting in animation. The more prominent feature haa
been a demand for American stocks, and especially for Erie
shares and bonds, the value of which has advanced considerably.
American government securities were, at one period, rather
lower, sales of 5-20s snd funded fives having been effected with
a view to making investments in the fours. British railway
shares cantinu°|to decline in price, which is partly due to the fact
that actual ealea are necessary on the part of the public whose
incomes are much reduced by bad trade, or on the part of those
who have had calls made upon them. Egyptian stocks are weaker,
the financial news from Cairo being far from satisfactory. Bankshares, which a few days ago showed a tendency to recovery,
have again become dull ; but in the market for gas shares there
has of late been a decided improvement.
The weather is still severe, but the wheat trade is devoid of
activity. Supplies are fully adequate to our requirements, bat
there is no change in prices. Farm-work is much impeded bythe frost, and is chiefly restricted to the cartage of manure. Thequality of supplies of home-grown produce is still poor ; but the
prevailing dry, cold easterly winds are improving the condition.
During the week ended January 18, the sales of home-grownwheat in the 150 principal markets of England and Walesamounted to 52,141 quarters, against 39,435 quarters last year;
and it is computed that in the whole Kingdom they were
208,600 quarters, against 157,700 quarters in 1878. Since harvest,
the sales in the 150 principal markets have been 1,133,823 quar-
ters, against 933,256 quarters; while it is compnted that they havebeen in the whole Kingdom 4,531,300 quarters, against 3,733,100
quarters in the corresponding period of 1877-78. Withoutreckoning 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
:
1878-9.
Imports of wheat 20,438.916Imports of floor 8.160,07?Sales of home-grown produce 19,636,000
TotalSzporta of wheat and floor.
.43,3.35,013
. 830,077
1877-8.
24.035,9-83.3-»),215
16,176,500
44,431,703681,l;3
43.SW.5S153a. 1 Id.
1876-7.cwt.
15,319,8123,410,17318,428,500
36,098,485671,967
35,5.6.61848s. 4d.
1875-6.cwt.
35.762.011•2.714.031
17,480,100
46,166.148103,676
46.052.46646i. 7d.
Resnit 42,404,9)6\yet. price of Bnir. wheat for season 40a. lOd.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.
,
from the first of September to the close of last week, comparedwith the corraspoading period in the three previous years :
\f,lf-9.Wheat cwt. 20,438,986Barley 6,800.012Oats 6,166,138Peas.BeansIndian ComFloor
191,4335i3,406
:2,2%.91i3,160,318
1877-834,923,9586,t31,7304 969,434851.373
l,6«-i,;74
11,335.808S,.i39,S45
i^eat cwi.BarleyOatsPeasBeans(odian ComFloor
BZrOBTS.
793,193 860.19867,986 *7,»«145,084 59,51)9
7,8lt8 13,4043.475 10.0I-8
139,049 46,645!17,879 30,971
1876-7.15,259,8135.901,0164,506,023654.564
1.7:3,8S014,591.138
3,4'.0,17S
555,K010,81361,18511,3001&825
283.87616,847
1876-6.25.763,0114.5i»6,739
4.374,6986>>0,813
1,5.42.S6«
8,465.9742,714,081
94,88010,574
101.16089334.19014.«748.7M
EnKllMla market Reportai—Per Cable.
The daily closing quotations in the markets of L3ndoa and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Money and Stock Market.—Tha bullion In tho Bank
of England has increased £399,000 during the week.
138 THE CHRONK.'LK [Vol. XXVIII.
Sat. Mod.Feb. 1. Feb 3.
Sllver.petoz d. SO 60
UODBoiB lor money. . *i6 5-lti &6 1-16" account.. 96 5-16 98 3-16
D.8.6S (5-308) 1867. ...104 104
0.8.10-408 107 107ii'
n. S. 690flS81 107 107
U. 8.4S<BOfl891 IM 109KErie com etock 8*iJ(f 86
DUnoiB Central 89Ji 90Pennsylvania 36Ji SBHPiula. & HeadlnK ISX
Toes.Feb. 4.
5098 3-169« 5-15104107
1C6'<
109)i
Wed.Feb. 5.
5096 3-16
96V104
107VlO^V1C9
25V
Thar.Feb. 6.
5096 5-16
96 5-16104107106V109
25V89
12V 13
Liverpool Cotton Market.—See special report on cotton
Frl.
Feb. 7.
49«96 3-16
96V
109
8iV89>(i
86V
Liverpool Breadatuffs Market.—Bat. Mon.B. d.
Flrar(extra8iate)....»bbl. S3
Wheat.spring.No.iSlOi lb —do do No. 3 " 7 6
do winter W. new '• 8 9
do Soathern, new. ** 8 11
do Av. Cal. white.. '• 8 11
do Cal. club. .. .. " 9 1
Corn, mixed foft, old, » qr. 52 9
do prime, new *' 22 3
Liverpool Provisions Market.—Sat. Mon8. d.
Porls, Wes'em mess. 8 bbl. 43Bacon, longcl'r. new.^ cwt. 38Bacon, short c^'r. new " 26 6
Beef, i.riine mess, new.^ tc. 70
Lard, prime West ...^ cwt. 33Cheese, Amer. choice. " 47
London Petroleum Market.—Sat. Mon. Tues.d. d. d.
Petrol'm. ref. ¥ gal. 8V 8V- 8V 8H'- 8VPetrol'm, spirits " -.... 18 -13 12 -14
d33
7"68 98 11
8 11
9 1
22 9
aa 3
8. d.
4325 6267033 647
Tqea.8. d.23
7"68 98 11
8 11
9 1
23 933 3
Tnes.8. d.4435 638703347
Wed.a. d.
23
7'6
8 98 11
8 11
9 1
33 9
WeJ.8. d.
4525 6267J31
43
Thar,a. d.
23
8 11
8 11
9 1
32 9
22 3
Thar.8. d.
452i36 67033 n
48 6
Fri.
8. d.
33
f'e8 9
8 11
8 11
9 1
2! 922 3
Fri.
8. d.452626 6•;o
3i49
Wed.d.
TTrnr.d.
8l><-13Ji
Fri.d.
®0mmerclal RnAW^isctllnntonxs^ewjs.Imports and Exports fob the Week.—The imports of
last week, compared with those of the preceding week, showan increase in dry goods and a decrease in general merchandise.The totai imports were $6,473,409,- against $6,364,730 the pre-
ceding week and $4,951,401 two weeks previous. The exportsfor the week ended Feb. 4 amounted to $7,603,133, against
$5,255,768 last week and $5,950,349 the previous week. Thefollowing are the imports at New York for the week ending (for
dry goods) Jan. 31) and for the week ending (for generalmerchandise) Jan. 31:
TOBSIOM IMPORTS AT NEW TORE FOB THE WEEK.1876. 18r?. 1378. 1879.
DryGoods J3,488,030 $3,610,416 $3,181,917 J1,78S1!I0General merchandise... 4,363,370 3,8.%5,:j71 4,741,8*8 4,685.319
Total for the week..Previoosly reported
$6,756,29027,700,984
$6,495,73723.032,492
$6,93J,8I5 $6,473,4119
30,630,686 17,71i,43i
Total since Jan. 1.. $14,157,374 #29,578,879 $37,551,481 $34,185,814
In our report of the dry goods trade will be found the importsof dry goods for one week later.
The following is astatement of the. exports (exclusive of specie)from the port of New York to foreign ports for the week endingFeb. 4:
EXPORTS PROH NEW YORK FOB THE WEEK.1876.
For the week $5.0a8,S96FtevioasI; reported 19,903,511
18T7.
$6,532.8 16
23,.189,753
1878.
$6,121,33934,475,631
1879.»7,B0;.I.'i3
19,>83,012
Total since Jan. 1.. $25,0J0,987 $38,912,593 $30,899,360 $3r,433,805
The following will show the exports of specie from the port ofWew York for the week ending Feb. 1. 1S79, and also a com-parison of the total since Jan. 1, 1879, with the correspondingtotals for several previous years:
Jan. 31—Str. Acapolco Greytown, C. A ..Peru, silver soles.PnntaArenaSjC.A.Amer. gold coin..
Feb. 1—Str. Britannic Liverpool Mex. silver dols..Amer. ellver bars.
_ . . „ ,„ Amer. gold coin .
.
Feb. 1—Str. Weaer Southampton Mex. silver dols..London Amer. silver bars.
$i,8002.0J0
13,IW
)
19,9003,0008.5i5
50,0L0
Total for the week ($9;),633 silver, and $5,000 gold) »98 62>rrevloaaly reported ($1,084,333 silver, and $41,343 gold) I,li8!666
Total since Jan. 1. 1879 ($1,177,941 silver, and $49,3*3 gold) $11327^391
Same time m—|
1818 $1.554,44S|1877 1,199.9;71876 8,253.816ISTS 11.673.317 1
1874 3,.5II8,I35
1878 9.045.10411873 1,639.813|
Same time In—1871
1870.1869186818';7
1866
310,673674,414,311,3)379i,333466,316561,163
The imports of specie at this port for the same periods havebeen as follows ;
Jan. 27- Str. Acapnlco Aspinwall. .Foreign silver ...Amer. silverGold dust
*»..>». _ Silver bar-*Jan. 27—Str. Canima Himilton Amer. goldJan. 37—R. Birros Mayaguoz Amer silver..'.!"Jan. 27—Str. City of Merida . . ..Vera Cruz Amer. silver
Amer. goldForeign silverForeign gold
Jan. 27-Slr. Allea Colon Amerfsllver.". .".
„„,,,„ Gild dustJan. S8—Lady Mary Areclbo Amer. silver .. .
Jan. S8—Kdwhi Rowe Cludad Amer. goldJan. '.8—Sir. Briuunic Liverpool Amer. Bilver..Jan. J9—Str. City of Wasbingt'n. Uavana Amer. silver
Amer. goldForeign gold
$3,4953,8 >8
nio1,500
10,.')8 i
2,0905,4 '3
7 39043,3> 8
65828i
4,635887
6,49091,00<
1.0656,1175
37,830
$10,650850
1.140103,197
Jill. 30—Str. City of Para St. Thomas Amer. silver..
Jan. 30—Bark Curacoa Curacoa Amer. silver..Amer. goH...
Feb. 1—Str. Republic Liverpool Amer. silver
Total for the week (fa6i,519 silver, and $74,314 gold) 1310,863
Previously reported ($531,463 silver, and $U3,:i33 gold) 7 il,790
Total since Ian. 1, 18T9 ($317,98? silver and $217,656 gold) $1,065,658Same time In-
•.o-^S $2,381,033
1877 l,443.«lfl
1876 39S.933
1875 116,163
1874 '.Oi,50l
1873 135.531
Same time in
—
187i $11.3,489I87I 375,6491870 8,371.6301869 1,1:10,368
1868 261.880i 1887 159,664
V. S. Lko.\.l Temdeus and NATios.-^Ti B.YNK Notes.—Fromthe Comptroller of the Currency, Hon. John Jay Knox, we havethe following statement of the currency movements and Treasurybalances for three months past
:
Dec. 31.
$4,539,1.^.0
6,366,150349,0'i8.000
13,9:37,300
Jan. SI.
$19,647,25019.776050
848,9:<9 80013,937,300
U.S. Bonds held ai security from Nal. B'les.— Nov 30.
Bonds for circulation deposited $3,225,000Bonds for circula'ion withdrawn 2,838.900
Total held for circulation 349.79i,000
Bonds held as security for deposits 13,833,400Legil-Teader Notes —
Depo-iited in Treasury under act of Jane 20,
1874 430,100Tottl now on deposit, including liqnidatuigbanks 9.91.3,493
Total and retired under act of Jan. 14. 1875. 85.318,934
Total amount of greenbacks outstanding.. 316,6,1,016Na'tona'. B ink (Mrculation.—
New circulation issued 1,8 9,720Clrcalaiion retired 139,319Total circulation outstanding—Currency. .. 38',8!i.2i8
Gold 1,453,830Notes received for redemption from—
NewYork 1,298,000
Boston 5,178.000Philadelphia 383,000
Miscellaneous.... 2,088,000
Total $8.98n,000 $8,131,000 $12,l7i.(100
Balance in Treasury 2i3,664,756 234,865, 177 883,450,695
The following is the statement of the Comptroller, showingthe issue and retirement of national bink notes and legal -tender
notes, uuder thi Acts of June 30, 1874, and January 14, 1875, to
February 1, 187J:
National bank notes outstanding when Act of June 20, 1371, wasp.ssed $349,894,182
National baak notes issued from June 20. 1874, to Jan.14.1875 $4,734,500
National bank notes redeemed and retired betweensamedates 2,767,233
National bank notes increase from June 20, 1374, to Jan. 14, 1875. 1,987,263
National bink notes out9tandi.^2 Jan. 14, 1875 $351,861,450
National bank notes redeemed and retired from Jan.11, 1875, to date $73,07\039
National bank notes surrendered between eame dates. 10,629,672
693,050 1,031,840
10,571,765 11,673,21035,318,9i4 :'.5,3H,984
316,681,016 34iS,631,016
801,831 1,075,810270,613 287.476
352,83 i,854 332.930,849
1,468,880 1,463,920
1,693.000 8,966.0004,374,000 5,681,000
807.000 4620092,067,000 8,066,000
Total redeemed and surrenderedNational bank notes issued b'^tween same dates
$«3 703,73153,775,1:30
Decrease from Jan. U, 1S75, to date 28,180,601
National bank notes outstanding at date $ 333,930,849
Greenbacks on deposit in the Treasury June 20, 1874, to retire
notes of insolvvjnt and liquidating b I k^ $3,813,675
Greenbacks deposited from June 30, 1371, to date, to retire na-
tional baak notes 82,701,857
Total deposits $36,515,531
Circul.ition re leemad by Treasurer between same dates withoutre-issae 74,84:3,298
Greenbacks ondeposltat date _*";^'^-'?12
Greenbacks retired underact of January 14, 1875,*'^''L?'2?i
G.eenbacks oataiandicgat date $!48,8S1,018
—The Kesler Mining Company was organized under th'i laws
of New York, with a capital stock of BO.OOO shares of the par
value of $10 e vch. The property was purchased at what wasconsidered a very moderate price by the present company, la
consequence of a litigation between the former owners respecting
their proportionate interest. Pending this litigation, the Court
appointed a receiver to operate the mine. The receiver, in six
working months, sold ore amounting to. $98,237. The profits
above all charges during the same time were reported to be 50
per cent. Messrs. Wol2 Brothers, 44 Exchange Piace, are
authorized to sell a limited amount of the stock at $5 per share,
—The Centennial Map of the United States and Territories, is
issued from the press of Juliu' Brien, New York. This mapshows the extent of public surveys, Indian, military and private
reservations, land grant railroads, railroads, canals, cities, towns
and other details, comoiled from the latest U. S. official surveys
and other authentic sources. It is published in sheets at $18;
Dortfolio $20; mounted $25; and may be had of M. Ot. Baldwin,
18 Park Place, New York.
—Messrs. Perkins, Livingston, Post & Co., No. 23 Nassau streeti
New York, are now oflFering San Francisco gold finking fund
bonds, bearing 7 per cent interest, and du» in 1896. Tl'ese bonds
are issued for widening Dupont street, and the question in regard
to their legality has been decided favorably by the Supreme
C lurt of California. The total debt of the City of S in Francisco is
$6,822,500; the assessed value of property in 1877 was $354,702,-
000. Mes.srs. Perkins, Livingston, Po3t& Co. report that but few of
the bonds remain unsold.
—The usual monthly dividend of fifty cents per share has been
declared for January bv the Ontario silver mining company, pay-
able on the 1.5ih at tlie offloi of Wells Fargo & Cjmpany, 05
Broadway. This makes the 40th dividend declared by this
company.
FKnnuARY 8, 1870.J THE (5H110N1(JLE. 139
She gixuUers^ CSix^cttje.
No Natloosl Btnka or)raoiz«(l during tho past we«k.
OIVIDBNUH.Tha follKwiaa divldead* taiTv raeaaUr Imwd aoooancad ;
NaMI or COKTAHT,
Railroad*.Olevelurd & iMii'iiurK, gnar., (quar,)Detroit Lniirh't: >t No., prof
Banka.Bank of the Mnnlintlan Co
Inaaranee.City FiroN. Y.Flro
ini»rcllaneona.U. 8. KollluRSiockCo
Faa Waaa Uooiu ClosedCiHT. Patabub (Oaya Indualve.)
IX«
57
10 abil'i
Mch. 1.
Feb. 16
Feb. 10.
Feb. 10.
On dem.
March,
Feb, UtoMcb. a.
Feb, 5 to Feb. 9.
FKIHAY, FBR. 7, I8T»-S P. ffl.
Tbe money .llarkct and Financial Situation.—Tha gen-eral situation remaiu-t unclmngod. '1 he tone of cheerfulness andoonfideiico which has boon a striking feature in the markets eversince the opening of tho year, is still unbroken, and merchants•8 well as bankers and stock brokers appear to anticipate asteady improvement in business. The animation at tho StockExchange has not been as great as in previous weeks, but this is
no indication of any decrease in confidence, and it is observedthat prices of all stocks and bonds which have a fair prospect ofcontinuing to pay their dividends or interest are very firmly held.The money market works with great ease, and on call loans
rates are 2(§3 per cent, while on government bonds as collateraltime loans for 60 to 9U days are made at 1 per cent. Prime com-mercial paper is scarce, and sells at 3@4i per cent.The Bank of England return on Thurs<lay showed a gain for
the week of £399,000 in specie, and the reserve stood at 39^ percent of liabilities, against 26S per cent the previous week. Thediscount rate remains unchanged at 3 per cent, wliile money inthe open market is 2J per cent. The Bank of France showed anincrease for the week of 0,22.5,000 francs.The last statement of the New York City Clearing-House banks,
issued February 1, showed an increase of $591,303 in the excessabove their 25 per cent legal reserve, the whole of such excessbeing $17,877,300, against $17,256,000 the previous week.The following table shows the changes from the previous week
and a comparison with the two preceding years.
1878.Feb.l.
Dlffer'nces fr'ra' 1878.previous week. Feb. 2.
1877.Feb. 3
Loanaanddia.toeeietSrculation ..
Net deiMjsite .
Legal tenders.
$238,241,40018,033.30019,480,600
219,219,20054,049,800
Inc .$3,825,200!$241,275,500Inc. 1.201.600 31,230,000Dec. 131,000 19,701„'}00Inc. 4.238,000 210.301,700Inc. 449,200 37,303,200
$254,011,80038,305,10015,563,500
231,091,70043,305,100
The following is the quarterly statement of the national banksof the aty of New Vork on the 1st day of January, 1879, com-pared with last statement :
Liabilitia. Dec. 6, '78.Capltill $.5;i,582.700Net protita 23,191,200Cireuliition 20,438.700Due banka 76,309,400Due dejiosltore 1 15.525,.500Unpaid dividends 126,400
Jan. 1 . '79. Comparisons.$51,250,000 Dee. $2,332,70022.389,400 Dee.20,174,400 Dee,75,302,200 l)(;e.
164,324,900 Ine .
1,202,900 Inc
.
801,800264,300
1.067,20018,799,4001,076,500
TotalsReaoHicet.
Iioana and di^couuta;.V. 8. bonds on liiind. .
.
VS. iKls to secure eiren'at'nU.S. bdn to secure dep'ta..
.
Other stocks, bils. & morts.Prcmiuin on stoekxRealestateDue from bunks 10,Oaab items and bank notes. 4
,
Specie 10,Ijegal tcndora 30,Ovenlrafta
$319,233,900 $334,643,800 Ice .$15,409,900
.$165,2624,
18,1,
9,
,274,200,491,300,428,.500
,217,800780,100,427,300,682,600,013,600286,400,.'i28,200
97,900
$104,510,000 Dec.8,037,400 Dee.
•23,85.5,000 Dee.42,349,.W0Ine.8,002,300 Dee.1,378,000 Dee.9,607,.')00 Ine .
17,055,.')0(> Ine .
4,<I79.M(>0 Iiii-
.
18,l(;i.2()(l Ine ,
30..")20,S()() Dee.120,800 Ine
.
$764,20018,453,900
.573,50042,349,50010,155,500
408,100180,200372,900906,200
1,874,8001,400
22,900
Totata $319,233,900 $331,643,800 Inc .$15,409,900
•Heretofore Included in "Other atooks, bonds, and mortgages," and" U. 8. bonds on hand."Cnlted Statea Bonds.—The extraordinary activitv in these
bonds continues at the highest point. The two calls' for bondsthis week amount to $40,000,000. A feature of the business moreapparent than heretofore, and not particularly desirable, is thetalcing of larger amounts of the 4 per cents in a speculative way.There are still many small owlers for bonds, which the bankersdesignate as the "savings bank" orders, as thev come fromparties who have usually deposited in savings banks. Nothingadditional is reported by the Syndicate bankers of further salesabroad, but other bankers are selling considerable amounts in theforeign markets.The Treasury Department has issued the following calls for
five-twenty bonds of 1867. The denomihations and numbers(al\oay» incltuive) of each class of bonds are as follows:
EIGnTY-BI.XTII CAU. FOR $20,000,000, DUE MAY 1, 1879.Ooi<poiiBonrf«.—* 50, Noa. 70,001 10 75.000; $IOO, Noa. 100.001 to
11.^,000; $500, Nos. 69,001 to 75,000; $1,000, Noa. 100,001 to$114,000. Total, $10,000,000.
^J^'''"l"' }l'>»<l'--tB». Nos. 2,801 to 3,000; $100. Noa. 20.301 to21,900: $5il0.N08. 9.901 to 10.650; $1,0<I0. Noa. 38.201 to 40.900:i?/flSSi\S^''-
^''•SOl to 11.500; $10,0Ui>, Noa. 18,451 to 19,700. Total,9X0,000(000.
KIOIITY-SKVCSTII C.VI.I. FDll .$'.'0,0O0,00O, DOB MAY 6, 1879.
,»?''"jP*"."'""'»-*''®' N<w- 75.001 to 80.0O0; $100. Noa. 115.001 to180.000; $.00. Nos. 75,001 to 81.000: $1,000, Noa. 114,001 to 129,000.Total, $10,000,000.
•?. .
<»,^~"
KtiiiMlrreil Aniuff.—(50, Noa. 3,001 tn 3,I0O; $100, Noa. 21,901 to22.9.i(l; $500, Nna, 10,601 to 11. l.M); $1.000,N(m. 40.U0I to 43,300;• 5.000, .Nos. 11,501 to 12,1.50; f IO,000,Mo«. 10,701 to 21,300. Total,$L0.OOO(O0O<
Closing prices of securities in Ijondon for three weeks past andthe range since .Ian. 1, 1879, were a« follows:
Range aince Jan. 1, lOTO.
ir. 8. 6a, 5-208, 1867.U.S. .la, 10-4086a of 18814>«8 0f 1891
Jan.24.
1031)8
107 H'107%108°8
103''g
107107lOflifl
103^106 >fl
loo's100
Lnwoat.
103% Jan. 23106 Hi Jan. 29x06>i Fell. 7107'sJttn. 2
Hlgbaat.
Closing prices at the N. Y. Board have been as follows:
104''« Jan. 2111 Jan. 7109% Jan. 4im)>8Jan. 29
6s, 1881 reg.6«. 1881 ooup.68, 5-'20a, 1807. ..reg.68, 5-208, 1867 .coup.6a, 5-20a, 1808. ..reg.68,3-208,1808 .coup.58, 10-408 reg.58. 10-40a coup.5s. fund., 1881... reg.58, fund., 1881 . .coup.4'88, 1891 reg.4'98, 1891 coup.4a, 1907 reg.48, 1907 coup.68. on r'cy. '95-99 . reg.
Feb.4.
10614100 "4
1021m102M102 Hi
102%102*4103104%101%104 '8
IOOI91001001'20''8
Feb.5.
Fob.6.
106 >4
106>4102>8102'4102102 »«\0i^\105»8104%roi%,lOfs,toe's,100
I
'100120%!
106>4106102I02<e102''s102-'.
10v:%105%•104%•104%104%toe's1001001211a
Feb.7.
lOSis106 .
•102;
102•1021a•102%•102tt•105«104%104%•104%•106100100•121
• Tills la tho price bid: no tale was made at tho Board.The range m prices since Jan. 1, 1879. and the amount 0/ each
diss of bonds outstanding Feb. 1, 1379, wore as follows:
6s, 1881 cp.68,5-208,'65.cp.68,5-20s,'C7.cp.6s, 5-20s,'08.cp..58, 10-40s...cp.58, fund.,'81.cp.4ias, 1891 ..cp.48, 1907 ....cp.68, our'ncy.reg.
Range since Jan. 1, 1879.
Lowest. Highest.
106 Feb. 7
101% Jan.1021a Feb.104% Jan.x04i2Feb.104%.Ian.99% Jan.119MJau.
Amount Feb. X, 1879.
Registered. Coupon.
lOO's Jan.
102% Jan.104% Jan.108% Jan.1071a Jan.IOOI4 Jan.
3il00 Jan.41I2I19 Jan.
17 $200,853,00018.205.6.50
124.835.30016,268.000
141,300,000254,709,000165.539.700!190,008.25064,623,312
$81,882,7507,879,900
184,771.50021.197,300.50.265,400
253,671,3.5084,400,300
140,631,750
State and Railroad Bonda.—Louisiana consols have shownsome activity, and after selling to-day at 55^ closed at 57J. Itis not yet certain what action will be taken on the State debtquestion in Virginia, but anything better than 3 per cent does notappear to meet with favor by the " re-adjusters."
Kailroad bonds are active on an investment demand, and pricesare quite strong. It is difficult now to find any good 7 per centbond on the New York Stock Exchange list at a lower price than107 to 110, and even at thiti range there is a good demand. Thereis less speculative business in bonds than in the early part of theyear, but the inquiry from investors is well distributed through-out the list.
The following were sold at auction:
SItareit.
50 (I'uiehasiiiK Committeereceipt) Toledo Peoria &Warsaw KR. com. stk.,fnr $20
500 Union Petrol'm Co., for..$l 2510 Cumberland Coal and
ron Co., for $10100 Consolidated Coal Co . ... 18 14246 Manh. C'liKht Co.l70ia®17033 Metr. G'light Co..ll7i2®11826 Bank of New York 12450 Bank of Manhattan Co.. 130ia73 Gallatin Nat. Bank 1311S4 North River Ins 120%45 Greenwich Ins 272%33 People's Bank Ill's33 Fast River Nat. Bank.... 9323 Hank of N. Amoriea 69ia
100 Gernianla Fire Ins 1791 Phcnijc Fire Ins 126
10 Dry Dock E. Broadway &Battery RR 90
5 42d St. & Grand St. RR..137100 Broadway & 7th Av. RR. 68
5 Bowery Nat. Bank 1489N. Y. Equitable Ins 192%
11 N. Y. City Ins 66158tar Firo Ins IO91420 Republic Fire Ins 74%
Bonds.$8,000 St. L. & I. M. RR (Ark.
branch) Ist mort 7e, due1895, with ccrtf. of $103f(>r fiiinled coup, and one-liulf paid coup, from Dec,'76, attach, to each bond . 92%
462 60 Kan. A Neb. RR.cer.for 8t. Jo. A Denver CityRR. hmda, for $10
ItoHds.$2,000 Memphis A Charleston
RR. 2d mort. 78 77%$2,100 St. L. & I. M. RR.(Ark.
branch) 7 per cent certf.for funded coupons, dueDoc., '79, $105 each 63200 Purchasing Com-mittee receipt. To:. P. &Warsaw RR.pf. scrip for.$8 7,'5
300 Kan. & Neb. RR. latmort. bonds, all tmpaidcoups, on ; .$90 Kan. &Neb. RR. 1st mort. bonda,acrlp. for $30
40 03 Kansas & NebraskaRR. scrip ; 3 shares K. &,N. RR. Co. for $3
4.000 Atlantic A Pacific RR.Land Deb. 10 p. c. bonda,due 1884. 91 and int.
1,000 Park Av. RR. (Brook.)78. dne 1892. 95 and int.
1,000 Kings County 78, due1883. 108 and int.
8,000 Third Av. KR. 7a, due1890 100
2,000 Cent. Pac. 7a, conver.,due 1883 104%
20.000 Honst. & Tox. Cent.RR. consol. 88 96%'996%
3.000 Chic. A Can. So. RR.l8t mort. 7a 35%
3,000 Cent. Park N. A E. R.RR. consol. mort. 78. due1902 97
10,000 Chic. A East HI. RR.lat mort. 6s, due 1907 72
Closing prices of leading State bonds for two weeks past, andthe range since Jan. 1, 1879, have been as follows:
States.
Louisiana consolsMissouri Os, '89 or '90North Cai-oiina Os.oldTennessee Os, old .•.
Vtrglula6s, conaoldo do 2d aeriea.
Diat. of Columbia, 3-eSa
Jan.31.
61105%
•36 V,
•74•35•81%
Feb.7.
57%10518•1838%•74•3680
Range aince Jan. 1, 1879.
Loweat.
54 Feb. 6105 Jan. 1418% Feb. 636 Jan. 21
79% Jan. 3
Highest.
60 Jan. 6105 Jan. 1420% Jan. 838% Feb. 5
82 Jan. 24• Thla la the price bid ; no tale waa made at the Board.
Kailroad and nilacellaneoua Stock*.—The stock markethas shown less of feverish excitement or sudden fluctuations thanlast week, bat prices, on a fair volume of business, have been
140 THE CHUONICLE. [Vol. XXvm.
steadier and close pretty firm. There is a more Iiealthy feeling
in the present condition of the market, with prices confidently
held,'than during the late advance, when prices were jumping up2 to 3 per cent daily. There is nothing new in regard to the
value of stocks, and as for the earnings in January, it will be
seen from the statement on another page that the gross traffic onmost of the roads showed a decline as compared with the samemonth in 1878. The reports as to the breaking up of the pool-
ing arrangements among the trunk lines, or as to the cutting of
freight rates from the West, are so often made and again contra-
dicted in the newspapers that little reliance is placed on them.The last report of Brie traffic is for the month of October,
the first of the current fiscal year, and the net earnings were a
trifle larger than in the same month of 1877. The coal-road
stocks are quite strong in the face of the low prices for antlira-
eite which now prevail.
The daily highest and lowest prices have been as follows:
Saturday, Mondav. 1 Tuesday, Wedn'wl'y Thursday. Friday,Feb. 1. Feb ». Tea. 4. Feb . 5 Feb. 6
56 63
Feb. 7.
Canada Sontb . 56 56Ji 65 f5iM 55 56 56 SUM 66 584;S
Central of N.J. 42 41 41« 42?i 40?< 42!< 41 4;i'<( im 42*< ^m 42%Cble. & Alton. 88 86 tt>¥, K)* f-4% 85 •84S< 88« 85 8i)« mn 88Chic. Burl.* Q.C. Mil. & St. P.
U6<4 '.ma 116 ll6Hi 1151^ 115 « I1H4 .17 1161, llBJi 117 117
4m <?Hi -.m^ 4lS 38l<i 40« 3«m 403< 39Ji 4mfim 833do pref. xm 83y
£.8^ 6048154 xa'<f 7»J< 813< fix H! 81H 83
Cblc. & Korth 5H6< m^83M 86^
BOWw5?
61*s 809f, "{i*62-., 63!^
do pref.C. «. I. * Pac.
i<4H 85i» 8iH 85W Hi^p 84 >« ^^^»« 8 St 87X128H 187!< 1261< \2m 120 la6M 128% 127 127 \.2'/H I2;)i 1289<
CleT.C.'\& 1 449< 48^( 44 39W 43 42j| 43(^ 42)« 43)4 43J< 45CleT.* P.. guarCol. Ch.&I.C.
9a?« 93!4bid 591
'Jlj? 43
92^ U2S< 92W 0S(<
'6H 55<
98 93^ «8Wi 93)^ 1)3« 94
5J4 64S^H
5H 5Hl 5)^ 5 6Del.4 H. Canal 3>)5jC 4:i, o9 40^4 39^ 38<^ 41)^ 10?^ 42Dal. Lack. & W 50H 52 50
47H
WA 50Ji
47
5 •« 50 51*( 51« f29i269« 2«ViSrie
iSH 5024><47
24 SO44« tm149? 15
48!^ i^ 25,51
4*l<do pref 48^ 4HV15H imHan. ft St. Jo.. U4 14J< 14H< UH 15H1 159* 15M li.»i
do pref. 38g 39 38 m^ 37W 38ml 86«
.HS'4 .•<9*| 40 )« 40 41Illinois Cent 'i':H 87iJ »o% ytj% 86)* K.4« 87« 87%Kansas FaclQcLakeShorei ..
Michigan CBntMo.Iftn.4Tex
•11 Viii ii5 im •11 12 12 Hi. 11>«
6)i 65?
TIK T2H TIM 72M em 71H80g 88^
71 71t« 70-i<l 7l'-«
81% 89 87!^ fX-!^ 8'.^ 88 8.'.* K^%«M «'A 8 6 8 6 6K «^
61t •"'^S
Morris 4 Essex at 84 HiH tasi 82^< l-S 83 8296 •^i'^, 84 8HiH.Y.C. *H. K. iie>^ \\6i4 116 116 115!« 1151^
liif^118 118 1 lo-i iieti Il'fmi7
Ohio* Miss...laii 1214
VH wv 97* io*; !')*« im 10« 11Pacific Mail... UM 11'^ 1W4 13-5^ 12W. 13V, WH imPanama .... •126 •1S5 •128 130 •126 128 I2') •126 .
Pltts.Ft.W.&c. 105 105S1 105 10.i 105M li 5Jj:i05 105 105,Vi 10>Ji 10151^ 10"WSt L. I.M.&so. 15^ Irt ^^ lt<H 15 15jJ 15« I.tW •li :i»« 15vJ 15^8t.L.K.C.& No 8 »H H m !% 8 HH 8 8 m ^9<
do pref. 3>H 37 35^ 38 85^ 38M 36 »)« 36*( 3fl« 86-^Pntro Tnnnel. 2« m 24£ 2^ 3 3 »H
64??«9« 3* 4 4
Union Paciac. (»H M^ 64 «fl 63W 8421«J 22)i
64 >4 64M 67 67 67Wabash 22 zm 2Hi
9!)«2S5y. 22 229^ 2236 22S< 2296 "2H
West. Un. Tel 100 lUl>s iOOM W}i lOOH 99)4 lOOJ, 99^101M 100)6101
• These are the prices bid aua asked ; no sale was made at the Board.
Total sales this week, and the range in prices for 1878 andsince Jan. 1, 1879, were as follows;
t^anada SouthernCentral of N.JC/hicapo & AltonChic. Burl.A Qiiincy.Chic. Mil. &St. P.. ..
do do pref.Chicago & Northw. .
.
do do pref.Chic. Rook l8l.& Pac.Clev. Col. Cin. & lud.Clev. & Pittsb.. guar.Col. Cliio.«& lud. CentDel. & Hudson CanalDel. La<:k. & WesternEriedo p|refHannibal & 8t. Ju. .
.
do do pref.Illinois CentralKansas PacificLake ShoreMichiKan CentralMissouri Kan. & TexMorris & EssexN.Y. Cent. & Hud. K.Ohio & Mississippi . .
.
PaoiHo MailPanamaPitts. Ft. W.& Chic.Bt. L. I. Mt. &. SouthBt. L. K. C. & North
do pref.Butro TunnelUnion PacilioWabashWestern Union Tel. .
.
Sales ofWeek.Shares.
3,31050,7 1.",
1,300l.OGl
142,<J.5551,30095,700102,545
5.25010,6923,810790
ll.HOO145.020177,985
8,5505,325
10,1054,491300
138.10015.27510,059G,2601,379
22,25010,109
100620
1,2004,425
10,4802,9754,010
21,00045.925
Bange since Jan. 1, 1879.
Lowest.
45H Jan.3312 Jan.7014 Jan.
lllifi Jan.34% Jan.74% Jan.4958 Jan.7()78Jan.119 Jan.31% Jan.8413 Jan.5 Jan.
38 Jan.43 Jan.211s Jan.37i2Jan.13i4Jan.34 Jan.80 Jan.O^e Jan.
07 Jan.73% Jan.5% Jan.
75 Is Jan.112B8Jan.7% Jail.10% Jan.
123 Jan.101 Jan.13 Jan.7 Jan.
2513 Jan.2% Jan.
57 12 Jan.20=8 Jan.9433 Jan.
Highest.
58% Jan.40 Jan.
_ 88 Jan.7 II712 Jan.4 48% Jan.
8512 Jan.65% Jan.88 »3 Jan.128% Feb.4818 Jan.Oils Jan.
Jan.45 >4 Jan.55=8 Jan.27% Jan.51 M Jan.1578 Feb.41 Feb.89 Jan.13 Jan."479 Jan.9014 Jan.678 Feb.
86I4 Jan.U714 Jan.ll>9Jan.14 Jan.
120 Jan.107i3Jan.17'-2 Jan.9 Jan.38% Jan.4 Hi Jan.
OS^a Jan.25 Jan.10314 Jan.
RauKe for1878.
Low. High
45>s4514
28 3830 131a
66%9914 114%27ifl 547e64 84%321s 55I459% 79 13
08% 12223 38 »4
03^ 852^ 6%34% 597941 617e7»R 22 13
211^ 3810 lO's21% 415672% 874 1258
55'b 71%.58 V 752 7ifl
07% 89103% 1150% 11 14
121a 2378112 13185 1025 1568aifl 7%19 2012315. 5
OII4, 7312% 237e7;)i4 102
Total sales of the week in leidlng stocks were as follow
Feb. 1 ...
3...4...5...6...7 ...
Total. .. 142,955Whole stock. 154,042
St.Paul.
St. Paulpref.
15,00018,11535,30022,00021,01031,530
5,0006,10017,1505,90010.4006.456
North- N'rthw.west. pref.
16,40013,00020,60010,92520,85013,92.>
16,60010,90018,50010,05025,10021,395
51,306 95,700102,545122,794 149,888 215,250
Del. L.Si West. Erie.
21,90029,20033,2008,300
29,90022,520
16,00040,90039,4.5024,15024,83532,050
145,020 177,985 138,100524,000 771,077 494,065
LakeShore.
10,,50021,1.5040,00(115,40021,20017,8.50
The total number of shares of stock outstanding is given in thelast line for the purpo.se of comparison.The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below. The statement includes the gross earn-ings of all railroads from which returns can be obtained. Thecolumns under the heading "Jan. 1 to latest date" furnish thegrroBB earnings from Jan. 1 to, and including, the period men-noned in the second colnmn.
.—Latest earnings reported.—, ^WeekorMo. 1879. 1878.
Mch. Ton. &8. F.4tliwkJan $93,000 $35,834Bur. C. Ran. &N.4tliwkJau 37,893 57.232Cairo & St. Louis. 3d wk Jan. 4,507 3.218Centriil Pacitic...January .1,143,000 1,110.988Chicago A Alton.. 4thwk Jan 94,428 82,569Chic. & East. 111.. 4th wk Jan 20,451 17,319Chic. Mil. & St. P. 4th wk Jan 201,000 255,036Clev.Mt. V. &D..3dwk Jan. 7,112 6,408Chlc.&Northwcst- January ..1,041,230 1,077,891Dubuqiio&8.City.4thwkJan 13,091 22,820Grand Trunk.Wk.enu.Jau. 25 172,680 171,229Gr't We8teru-Wk.cnd.Jan. 31 89,023 99,317Hannibal&St. Jo.Sdwk Jan. 33.120 29,644Illinois Cen. (111.). January .. 450,581 487,750
do (lowa).January .. 100,573 136,909Indianap.Bl. &W.3dwk Jan. 22,463 35,791Int. &Gt. North. .3d wk Jan. 40,807 31,410Kansas Pacific. .3d wk Jan. 38,095 38,608Mo. Kans. & Tex .4th wk Jan 67.878 72,832Pad.&Elizabetht.3dwk Jan. 6,568 6,104Pad.&Memphi8..3dwk Jan. 3,731 3,960St.L.A.&T.H. (brs)4thwkJan 14,810 8,895St. L. Iron Mt. & S.J.anu,ary .
.
331,320 375,521St. L. K. C. &No..4thwkJan 76.310 75,033St. L.&S.E.(St.L.)3dwk Jan. 12,502 13,072
do (Ken.).3dwk Jan. 7,275 6,410do (Te«n.).3d wk Jan. 2,470 3,008
Tol.Peoria&War.4thwkJan 24,054 35,043Union Pacific January.. 690,541 697,500Wabash 4thwkJau 100,481 123.548
.—Latest earnings reported.—. -
Week or Mo. 1878. 1877.Atl. A Gt. West... November. $330,833 $377,029Atlantic Miss.& O.December. 143,240 102,085Burl. A Mo.R.in N.November. 223,705 179,949Chic. Burl. & Q...November. 1,290,082 1,232,118Dakota Southern. December. 19,060 15,185Deny. <fc Rio G...November. 117.805 80,083Gal. H. & 8. Ant . .November. 146,40(! 104,789Honst. & Tex. C. December. 380,477 358,828Mobile <fe Ohio.. December. 284.224 313,621Nashv. Ch.& St.L. December. 149,5.52 103,064Pniia. & Erie December. 225,308 257,742Phila. & Reading. December. " "
St. Paul & S. Cit.v. December.Sioux City <k St. P.Deccmbcr.Southern Minn. ..December.
Jan. 1 to latest date.^1879.
$316,500117,36211,203
1,143,000341,07508,167
592,00019,177
1,044,23058,540
657,321376,24791,340
450,581100,57367,72497,370
121.889194.45310,1129,727
48.460331,320256,51931,47818,0407,124
94,907690,541312,677
-Jan.l to latest dace.1878. 1877.
1878.$174,598165,411
7,9991,110.988301,07364,991
705.86519,588
1,077,89187,463
608,739518.94091,467
487,750136,90990,97087,235
142.570217,02818,20711.00140,075
375,521204,28935,40619,1709.123
130,466697,300386,919
1,718,456 1,776,01S1,777,392 1,236,632
13.042,978 11.517.139219,294 206,542
1,033.490 700.2381,148,209 912,063
881,056 1,304,00449,570 46,60535,928 33.79755,740 60,970
1,901,998 1,989.4541,031,081 1.749,2092,921,060 3,172,99212.S0!M44 14,396.342
604.180 544.964387.594 342,938643,081 689,086
Exchange.—The foreign exchange market is very muchdependent, from day to day, on the bond transactions between NewYork and Ijondon. To-day, the rates for sterling bills werehigher, and drawers of prime bills advanced their posted rates to
4.86^ for sixty-day bills and 4.89 for demand, while the rates onactual businets were about i to f below these figur. s.
Quotations for foreign exchange are as follows;
Fkb. 7.
Prime bankers' sterling bills on London.Good bankers' and prime commercial . .
.
Good commercialDocumentary commercialParis (francs;Antwerp (francs)Swiss (francs)Amsterdam (guilders)Hamburg (reichmarks)Frankfort (reichmarks)Bremen (reiohmark;*)Berlin (reichmarck?)
00 days.
4.85i3®44.85»4®4,4.84 S'44.83i2-'»i4
5.18%®5,5.1S%®5.5.18%®5,40i«a95Is®951a®95iea)95%®
861a851a.8584121678lO's.167e40 1495%95%95%95%
Demand.
4.88i4®4.894.S8 ®4.88i44.86i2®4.87i94.86 ®4.875.10i4»5.14%5.16i4®5.14%5.16i4®5.14%40%® 40ifl95%®
"95%®95%®95%®
96969696
The following are quotations in gold for various coins
:
Sovereigns $4 83Napoleons 3 82X X Reichmarks. 4 72X Guilders 3 90Span'h Doubloons. 15 70Mcx. Doubloons .15 50Fine silver bars .
Fine gold bars...
®$4 87® 3 87® 4 78® 4 00®]5 95®15 65
1081a® IO9I3par.®>8prera.
Dimefl & I2 dimes. — 97%® — SB"*Silver 14s and las. — 98ia® — 99Five francs — 92 ® — 94Mexican dollars.. — 84ia® — 85%English silver 4 75 ® 4 80Prus. siiv. thalers. — 68 ® — 70Tr.tdo dollars — 9714® — 98New silver dollars — 99%® — par.
SoBton UaukDbanks for a series
Loans.«
12S,97!,I00121,418.103126.818,100120, 25,10012b,:.l 2,401157,202,90012^'I7.',600
l-i(),!-98.'00
127,:^r^,300
127.483,800128.0S:),70 I
13O,09S,-J0a
1878Oct. 14.
Oct. 31.
Oct. 28.
Nov 4.
Nov. n.Nov. IS.
Nov. J5.
Dec. 2.Dec. b.
Doc. 16.
I ec. 21.
D.c. 30.18"9.
inn 6,
Jan. 13.
Jan. 20.
Jan. S7.
Feb. 3.
—The following are the totals of the Bostonof weeks past:
Specie. L. Tenders
13 ',2 '0,000
134,65 1,600
11.j,-4\l-00
136,;90,60O139,979,500
S2.983,1002,563,8002,'j57,(00
2,- 88.000?,9 -0,800
3,135,0002,933,1100
2,862,4002.7-9,900
2,630,6002,659,>i00
2,851, -JOO
3,551.9008,898.61,0
3,-.35.9vjO
3.8i2,500
3,927.600
6,020,0006,127,S006,524,8007.234,601
7,787,5008,060.8008,218,' 008,6.'i5,500
8,112,9007.483,5007,296,3006.416,400
6,12(),8M
5,93!,8005,119,7005.210,2005,127,900
Deposits. Circulation.t. i
63,866,100 25.407,30062.264,600 2J,47;<,1':0
52,240,2.0 26..S88,0Oa53,2S3,400 25,423,41054,956,600 25,46'1.700
56,26t',400 26,|K8,700
55,244,900 i5.4.o0.9O0
55,71.'J,'00 i5.3n.40O56,0',H,9C0 25,100,00055.9.32,300 25,937,2005'i,433,300 2.%4V4,700
56,217,600 a5,.«9,40U
69,525,100 2!5.616,100
81.120,400 25,631,30060,%8,6flO 3),61»,6C0
61.747,200 23,500,10064,796,800 25,486,600
Agg. ClearI:
47,016,0304%517.51841,489.96644,82,3,641
45,810.77247,970,09244,426,28186,257,60346,164,10842,aM,3864,-),064,785
38,488,361
52,I63,7SS49.17J.897
46,764,89143,7li8 1144l,6x0,6-:8
PblladelpUlaare as lollows:
Loans,
Banks.—The totals of the Philadelohia bank!
167S.
Oct. 14,
Oct. 21
Oct. 28,Nov. 4,Nov. 11.
Nov, 18.
Nov. 26.
Dec. 2.
9.
16.83.
ao.
Dec,DecDec,Dec,
1879,
Jan, 6.
Jan. 13.JUD. 20.Jsa. 27.Feb. 3.
Sr8,(;60.640
6i,60l.49S5S.62*.',350
5S,41 1.214
58,i70,11157,6o6,69.>
57.844,12457,41)1,311
5 ,714,763
57,353 8:851.107.45956,919,772
57,272,23167,777.3)751,613,64957,614.47857,138,02)
Specie.
t1,83 ,151
1,605,812I,64<j.613
I,ii9.i.m
1,814.22';
1.819,3591,9 2.861l,94t.959l,996,0,i9
2,056,3972,168,1422,161,823
L. Tenders.S
12,.38i.599
12,0:5,.W611,958,89412,.S1.'.,821
12,S34,84i12,;.0(i,845
12,618..399
13,022,45312.140,471
12,640.35612,220,3)313,:27,S0r
Deposits. CircalatioD.
1.^,87.).243
15,-116,307
15,401.13115,ti8-',05S
15,950,850
45,laS.7f:6
44,786.29144,2.32.7!'6
4i,«71.«9l
44,436,4164 1,1 12, b3-!
45,144,51744,816,1124),240,0,)6
44,650,12141.903,227
45.69I<.7;!1
4.5,010,219
45,520,02145,286.816
45,686,151
S11,.307,582
11,863,45011,394,S11
11,396,121
11,430,10311,3'3,11611,89.3,361
11,395.81711,386,822)l,384,v75
11,379,54611,371,466
11.364.6.51
11,343.315
11,340,67311,325.5''2
11,810,790
Agg. Clear.t
32.798,58838,7i0,72629,0r9,290•29.104,649
29,370,44927,805,47281.02.3,406
21.195.26337.596,65128,809,821.32,208,916
26,110,382
32.916.82831,826,979
33,644,13929.942,86830,1)8,163
PKBRDAUTe. 1879.1 THE (JHRONICLK 141
New York Oltr Banks.—The following *tatera«ntBhow« theoondition of the Anaoclalcd BiiDknof New Vork City for t!ii< week•odlnf; at the oommanoemeDt of bualaMS on February 1, 1S70 :
, Arnuoa akouiit o» ,
Loan* and Legal Net Olrcala-
Bamu. Capital. DtKonnta. Specie. Teoden. Depoelta. tloo.
New York I,a00,000 »,«M,<00 &9S.MXI :,4!W,03a ?,76»,700 41,000
ankattanCo.... VM.OUO ^5II.8(M 631,700 l.SVS.tOO 4.g«,100 T.SOO
Haokaalu 1.000,000 B.Oll.HOO 696.700 l,8H.O0fl 6.169,000 81,600
HerahuU' S.Q0O.O0O e.OU.tnO taiMO vn.iM i,9n.VM 4t,&00
nUlon ,.. l,Ma,000 4.0iS.«00 S43,IOO t,7ia.SaO 4,II7,U0O I3I,00'I
America 3,U0O,O30 8,036,100 BU,800 1,3W.U00 6,ttl,100 1,100
Phogolz 1,0X>,000 a.a01,003 itt.OOO 468,000 9,499,000 118,000Oltr 1,000003 6,»8!«,800 99V900 «,4V),0a0 7,490,100Tradttmea'e 1,000,000 3,«3«,100 3i8,030 901,600 j,083.«OD 7SI,:00Fulton 810,000 1,«8,400 1<3,300 BM,S00 l,66t.l00
Ohemlcal 300.006 9,011,800 1,498,800 l,fi96.400 9,iai,100Merchanbi' Bzch. 1,000,000 3.18S.300 304,900 6;M,10O »,113,7«0 419.000Qallatin National 1,000,030 3,3U.aaO 77.800 647,100 1,838.700 161.700Sutchora'ADrov. JOO.iMO 1.0118,300 171,100 163,800 Si3,900 36O.»00MochiiQlca' JtTr. 600.000 1.906.000 30,000 3W.0O0 948,000 196,000Oreeowicli 30.1,000 760,!iOa 18.900 141,900 701,800 3,700Leather .Manrre. 60D,n0O 3,4.16,400 319.403 643.C03 S,09I,90G S«4,«00Serenth Ward.. 300,000 '(31,100 59,700 377.100 897,300 33,700SUte or N.York. 800.000 l,60;,a03 106,000 433,100 l,Ui6,;00 4.%000American Bxhn'e 5,000.000 13,137,000 1,443,000 1,393,000 9,363,000 186.IXXI
Commerce 6,000,000 15.417,409 1,059,600 1,9)1,400 9,630,100 1,660,903Broadway 1,000,000 5,3J8,300 313,900 961.100 4.0)1,809 897,000Mercantile 1,000,000 3.4>1,IOO 317,300 4il9,7i>0 8,136,300 18U,OiOPad«c ««,T0O 3.0n,100 45,300 8M,800 3,890,000Bspubllc 1,503,000 3,350,300 93,900 493,300 1,838,500 400.000Obatbam 460,000 3,SM.O00 101.700 831,100 9,90^,000 399,500People'a 413,500 1,310,800 57.700 118.505 1,143,600 6,400North America.. 700,000 1,568,900 46,000 313,001 1,4».I00Hanover I,ro0,000 5,401,400 39J,700 1,133.800 6,il330O 453.200Inriog.... 800,000 1,939,800 93,400 391,600 l,g3i;.')00 178.000Katiopolltan 8,000,00(1 11,937,000 681,000 3.385.000 9,661,000 3,199,00i.OlUaena' 600,000 1,635,700 130,630 419,300 1,836,900 317,300Naana . l,OJa,0O0 3,067,603 39,800 354,400 1,896,400 8,900Market 600,000 1,946,303 37,300 475,800 1.«3I.900 307,100SI. Nlcholan l.OOO.OJO S.i.'ea.eoa 61,100 193,900 83it,503 664,900Shoe and ..eatber 1,000.003 3,633,533 S2S,U00 373,000 3,881,600 447,030Com E.^change . 1,000,000 3.687.700 131.300 330.003 3.356,700 4,700Continenial 1,«30.UOO 1.713.3)0 10,430 7»3,4tO 3,078,600 775.030Oriental 300,000 1,910,0(10 40..S00 170,00) 1,171,700Marine 403.000 J,183,83Ci 31,^00 543,00
1
i.l5f.0,10 356.500Importera'JtTrad 1,500.000 13.655.300 9!;9,900 5.0it,»30 !7,O79,:)00 1.079.200Park 3,000,OJO i>.S67,8i)0 367,500 5,895,400 14.353.100 534 003Hech. Bkg. .Ua'n 500.000 561,600 74,600 90.300 4M4.100 397,700Oroct-rs" 300,000 445,300 6,500 10J.70J 896,500North River 840.000 795,900 41,700 153,100 658.500East Itiver 350,000 700,300 90,300 100.300 573,300 135,300Manur'rn'.t Mer. 100,000 340.703 7,900 91,0.10 400,500Poann National. .3.6 0,000 13,86j.8O0 ^OH.aoo 9,258,800 13.589.230 1,045.9J0Oentral National. 3,003,000 7,179.000 479,000 l,n!l,000 6,841,000 1,480,000Second National . 300,000 3,113.000 46,000 608.003 3,133,000 369,000Ninth National.. 750,000 3,854,530 114.000 931.600 3,339,100 431 lOUFlr«t National... 500,000 7,934.600 2,0*4,700 3,055,900 10,490.100 45,i«0Third National.. 1,000,000 3.389,800 6JS,300 804,000 5,344,000 79.S.800N. Y. Nat. Kxch. 300,000 1,302.000 43,800 3t2,M0 776,103 360,400Bowery National. 360,000 1.165,900 37,500 315,000 838.700 325,030NewYorkCounty 800,000 1,181,700 9,700 28').000 1,133,800 180,000QecmanAmorlc'n 750,000 1,979.600 96,309 680,700 8,156,300Chase National.. 800,000 3,390,400 29,300 483,409 '..405,400 359,900
Total 88,735,9» M8,94l,400 18,833,:J00 51,018!8O(! 319,21!.,800 IMSeWThe deriations from returns of previous week are as follows :
liOana Inc.. $3,825,300 I Net deposits Inc.. $1,338,000Specie Inc.. 1,201,600 Circulation Deo 131 OOOLe^al tenders Inc.. 419 2001
The following are the totals for a series of weeks past:
Loans. Specie. L. Tenders. Deposits. Circulation. A^cg. Clear1878. t t t t » t
Sept. 21. 245,377,400 lt<,838,800 48,538,400 217,301,000 19,616.800 331,606 666SepLSK. 2(6,322,500 18,199,600 45,680,700 216,.i3i.000 19,617,800 370 111767Oct. 5. 217.881.900 17,599,700 43,362,200 314,103,400 19,577,500 453,97l'364Oct. 11, 2i8.634.300 13,991,100 42,(60,800 al0,0tI.S00 19,513,100 424 Hg'gsoOct. 19. 216.J93.100 15.547,ti00 40,729,100 203,114.600 19,601,400 4,3229l'920Oct. 2«. 245.106,100 19,3(iO,500 39,962,500 211.09'i,700 19,389,700 392 878 293Not. 2. 214,311,800 24,114,100 40,219,000 215,413,100 19.904,:100 483,57l'553Not. 9. 24O,8v4,200 2d,.37.1,200 39.155,400 210,737,600 !9.!i05,4O0 408,993'425Nor. 16, 237,615,600 2S,405,400 39,933,200 209,752,100 19,909,400 460 57/73-NOT. 23. 234.917,700 23,414,400 40,.'>83,J00 207,134,900 19,9lil,900 404!o37'742Not, 30. 236,433,400 l-.',977,400 41.975,700 106.797,i00 30.0117,00.) 363 2 8 659Dec. 7. 23»,916,500 90,I6»,-.00 88,961,000 10;,068,600 80,053.200 4M 6<t5'221Dec. 14. 283,047,100 30,833,900 40,478,400 236,134,400 20,141.600 3*)74r510DfC. SI. 235,!I74,100 90.911.530 89,600,000 208.625,800 2),t.77,000 42:214 872
tmf
'
'^'^•^•^ 30,514,100 43,767, 00 803,203,700 19,376,700 321,693,134
Jan. 4. 2:11,250.000 80,936,300 41,'32.600 206,;73,000 19,843,800 411508 790Jan. n. 810,632,030 13,962,400 45,055,400 209,432,300 !?.785,000 »i4 4U'925Jan. 18. 283,li«,400 17.344,600 49,985,800 311,590,600 19,787 600 4««:222'6)»
i*!- *.'• SJ'*'*'!S?"•••'tl.TOO 58,699,800 214.981,200 19,617 600 507 33l'749
Fen. I. «38,.!41,*)0 18,833,300 54,048,800 219,819,900 19 486 600 611 67403J
QUOTATIONS IN BOSTOH. PnilADELPniA AND OTHEB CITIES.
saonaiTiBs.
BOSTON.Maine «•NawHampstiireSsVermontssMasiachiuetti 5a, fiold...Uoston 6s, currency
do 5«,K0ldChlcaffo Bowerage 7i.. ..
do MuolLlpml7srortlandl*Alch. A Tcpek* lat m.7i.
do land grant7ado 3d7tdo land Inc. St.,
Beaton « Albany 7ado (a
Hoston 4k Lowell 7sBoston A Lowell laBoston* Maine 7sboston * Provldenos 7<Borl. * Mo., land crut 7s. ..
.
do Seb.Sado Neb. 8s, 1383
Conn. * raaaompalc, 7a, tSii.Kastem, Maaa.,3tta, new. ...ritcbburg UK., (a
do 7sKan. City Top. 4t W., 7a, Isi
do do 7s, Inc..
Bid. Ask.
108W
ilS
lUtilOOii
ll«X118110
ii«H
ios«
SIODBITIXS.
dartford & Erie 7a, newtedenaburKA Lake Cb.8s..Old Colony, 7a
do «aOmaha ft S. Western, 8a ....Pueblo .Se Ark. Valley, 78....Kutland 39,181 mortVermunt Jc Canada, new BaVermontftMaaa. KU.,<a...,
STOCKS.Atchison ft TopekaBobton ft AlbanyBeaton ft Lowel'Boetonft Maine.BoBton ft ProvidenceBurlington ft Mo. In Neb...Cheshire preferredChic. Clinton Dab. A MIn. .
.
cm. Sandusky A CleTConcordConnecticut Klvertk»nn.ft PaaaumpalcBaatern (Maaa.lKsatera (New Uampahlre)..,PltchbnrgKan. City Top. ft Western...ManchcRtor ft Lawrence....Naabuaft LowellNew York ft New Kngland...
Bid.
110t107^«326
68«UO105
Ask.
2J«
t07J<
94K
iio«
4mi 4»mi 4w
137^ i:isi
41)^ 47iOH lOii
itftWVOH
W) 96Mii 33«
BOSTON, PHILADBIiPaiA, Ble.-Oontlaa*4U
saovarriaa.
Northern of New IlampahtreNorwich ft WorcesterOgdensD. ft L. Champlain .
do pref,Old ColoiiyPortland Siico ft PortsmouthPneold ft ArkmsasKutlsLd, preferredVermont ft Maasachnsetts.,Worceater ft Naahua
PHILADELPHIA.BTATI AND CITT B0XD8.
Penna. Sa, g'd, lnt.,reg. or cp,
do Ss, cnr.,reg ^do 9s, new, reg.,18>3-lMRdo (a, 10-19, reg.,l^-'83do es, 19-39, reg,, 1883-'»2,
do a>, In. PI inc, reg.,lS79
Philadelphia, 6a reg. ..
do 68, Ola, regdo 6b, n.,rg., prior to'96do 68, n., rir.,i8Mft over
Allegheny i,:ouoiy Si, coup..
.
Allegheny City 78, roif
Plttaourg 48, coup., 1913
do 58, reg. ft cp., 19Udo 6b, gold, regdo 78, w*l*rln,rg.ftci).no 78, itr.unp.,re«.,'33-36'
N. Jpraey 68, reg. and coup.
.
do exempt, rg. ft coup.Camden County os.conpCamden City 68, coupon
do 7b, reg. ft coupDelaware 6b, couponHarrleburg City 6s, coupon ..
BAILBOAD BTOCKS.tCamden ft Atlantic
do do prefCalawlssa
do prefdo new pref
Delaware ft Bound Brook....Kaat Ponnsylvaulalilmlraft wilUamsportdo do pref..
Har. P. Mt. Joy ft Lancaster.Huntingdon ft Broad Top...
do do pref.I^ehlgh ValleyLittle SchuylkillXInehlllNesquehonlng ValleyNorriatownNorthern Pacific
di> prefNorth FonneylvaniaPennsylvaniaPhllaffelptila 4 EriePnllaclelphia & Kead'ngPhiladelphia ft TrentonPhlla.Wilming. ft Baltimore.PlttsburK TltusT. ft BuaUnited N.J. CoinpnnlesWest Cheater coasol. pref.. .
.
WestJerseyCANAL STOCKS.
Chesapoakeft DelawareDelaware DivisionLehigh NavigationMornsdo pref
I'eansylvanlaSchuylkill Navigation
do pref..Susquehanna
RAILROAD B0KD8.Allegheny Val., 7 S-lOs, 1396 .
do 78. E. ext.,1910do Inc. 78, end., *9i.
Belvidere Dels. Ist m.,6a,1902.
do 2d m.6s. '3i..
do 3d m. 6s, 'i7..
Camden ftAmboy 6a,coup,*33do 68. coup., *8d
do mort. 68, '8v. ,.,
Cam. ft Atl. 1st m. 7s, g., 19)3
do 21m.,78, cur., '79
Cam. ft Burlington Co. 6s,'97.
Catawiasa 1st, Ts, conv., 'si...
do chat, m., lOs, '83 ,
.
do new78 1»)0
Connectlne 6s, 1900-1904
Chartiers Val., ist m. 7s,C.,l90',
Delaware mort., 6s, various.Del. ft Bound Br.,l8t. 7a, 1905
EaatPenn. let mort. 7s, '88 .,
El.ft W'msport, ist m.,7s,'M.do 58,perp ... ...
Harilsburg ist mort. 6s, '81.,,
H. ft B. T. 1st m. 78, gold, '90,
do 2d m. 7b, gold, '95,
do 3d ra. cons. 78, '95*.
Ithaca* Athens Ist g d, !s.,'90
Junction 1st mort. e^, '82
do 2d mort. 6s, I9J0 ...
L. Sup. ft Miss., 181 m., 7>',g.«
Lehigh Valley, 18t,63, cp.. I89S
do do reg., 1893...
do 21 m.,7B, reg., 1910.,
do con. m.,69,rg.,1923do do 68,'P.,19S
Little Schuylkill, 1st m. "s 'r2
North. Penn. Ist m. 68, cp,, 85,
do 2dm.78,cp.. '96.
do gen. m. 78, cp., 1903
do gcn.m.7s, rug., 190'!
Oil Creek i»t m. 7s. coup., '8;.
rlttab. TiiusT.ft B.,7s,cp.,'96do scrip
Pa.ft N.T.C. ft RR 78,1894 ..
Punnsylv., ist m., 6a, cp., "SO.,
do gen. m. 6s, cp., 1910.
da Ken. m, 6s, rg., 1910,
do cons, m, 6s rg., 1906do cons. m. 68. cp., 1905,
do Navy Yard Sa, rg,'><l
Perklomen lat m. 9s, coup.,V,Phlla.ft Krle lat m.6s, cp.,'81
do 2d m,78.cp,.'38Phtla ft Bead, lat m . 6a, '43-'H.
do do '43-.49.
do 2d m., 7s, cp., Vdo doben., cp., *K'do do cps. o&.do scrip, \ia.do In.m. 7b. cp,t89(j
do cons. m. la, cp.,191 ! ..
do cons. m. 7s, rg.,19:i..
do cons. ui.6s,g.l. 1911
do conv. 7s, 1893*
do 7s, coup, off, '9::
Phlla.ft Read. Cft L deb. 7s,y'.t
* In dg'ani'. tParshars
Bid. Ask.
98M
1904
08
lisS3
119I04tlOV,"-
106116117«
7088
:034luu
uiH
2S34M
342954
24K
iS'^
bW
112«Ml25103110697104105HI115101
105HI
10971
10S«
111118Ul«101«loijs
100118IIUHIbO34
hVh101HOJi
lOSX103H
99
119><10.^
110
saovamas.
109lielis
3iH4148SOW
35
1^
136
It^
104«
119
Phll.ftR.C ftl deb. 7s. eps.oSdo mort., 7s, I3tl.t
•hits. Wllm.ftBslt.6B, "gl .,PllU.CIn.ftSl. L. 7s,cou,,l«0('' 1»3!4Bhamokin V.ft Potuv, 7b, Itoi 101Stnubenv. ft Ind. lat, 9a, 1934. UWWStony Creek lat m. 7a lAn...Hnnb. Ilsx. ft W.,lst m.St.'itSnnbnrjrft Krle Ist m. 7b, '17,
Teias ft l-ac. 1st m ,«»,g.,iao9cons. m.,9rj|.,t9aa
,7s III
BM.
do00 lnc.ftl.gr,
Union ft TItusr. Ist m. 78, "SO.
Culled N. J. cons. m. 6s, 'tlWarren ft K. lat m, 7b, '99.,.
Weat Cheater eons. 7b, 't\West Jersey 9s, deb,, coup.,*3:^
do latm. 9s, cp., '96
do Ist m. 7s, '99
Western Penn. RK. 4*,cp.'.899do 9b I*. B.,'94.
CAKAL BONOS.Chossp. ft Dels I8t9>, rg..'4«Delaware DivlHlon 6b, C|>.,':rLehigh Navlfia. m., dn, rdg.,'^!
do mort. ICK., rg.,'9'.
do m. conv. (C., r*-g..'i\
do mort. gold, '97...
do cons. m.7a, rg.,191Morris, boat loan, reg., 1385.Pennsylvania 98, coup., *.9i0.
Schuylk. Nav.lat iBJIs,rg ,'97.
do 2d m. 9s. reg., 1907do 6s, boatftcar,rg.,l3:3da 7b, boatftcar.rg.,19.5
Susquehanna 98, coup.. .9.8.''
BALTinORE.Uarrland 6b, defense, J. ft J.
do 9b, exempt, 1687 ..
do 9", ,890, quarterly.do 5b, quarterly. .. .
Baltimore 9s, i53l, (lusrterly
loax
dododododododo
, J.ftJ....9s, 1890, quarterly...9b, park, 1890,a.-M9b, 1893, M. ft r9B,exempt,'M,M.ft3
1900, J.ftJ190i,J.ft J
103W112
113
106
102102 ><
18101«
48
109X
107
eo
70
lOiK'iosH1(» 1106l»l 1...47W37«
Norfolk water, 8s..
BAILROAD STOOKS. Par.Balt.ftOhlo 100
do Wash. Branch. 100do P«rkerBb'gBr..50
Northern Central 50Western Maryland 50Central Ohio 50Pittsburg ft ConnelIaTllle..50
BAILBOAD BONDS.Bait, ft Ohio 6S. 1880, J.ftJ.
do 68, 1836, A.ftO. .
N. W. Va. 8d m..guar.,'a5,J4JPittsb.ft CoDneir8V.>8,'93,JftJNorthern Central 6a, "SS, JftJ
do 6s, 1900, A.ftO.do 68, gld,19(M, J.ftJ.
Cen. Ohio 98, Ist m.,'90,M.ft s.W. Md.6s, Ist m.,gr..'90.J.ftJ.' do 1st m., 1890, J. ft J ..
do 2d m., guar., J. ft Jdo 2d m., prefdo 2dm.,gr. by W.Co.JftJdo 68, id m.. guar., J.ftJ.
Mar. ft Cin. 7s, '92, P. ft A ...
do 2d, M.ftNdo 89,3d, J.ftJ
Union RR. iBt, guar., J. ft J.,do Canton endorsed.
]nSOaLI.ANK0tTS.Baltimore Qas certificates. .
.
People's Gas
CINCINNATI.Cincinnati 6s t
do 78 tdo T30e tdo South. RR. 7-308.
t
do do 9s, gold.fHamilton Co., O., 6a. long., .t
do 78, 1 to 5 rrs..tdo 74 7-30s,rong.t
Cin.ft Cov. Bridge st'k, prof.Cin. Uam. ft D. iBt m. 7s, '30
do 2dm. 78. '33.
.
Cin. Uam. ft Ind., 7b, guarCin. ft Indiana lat m. 7s
do 2d ni.7B, ',7...Colum. ft Xcnla, lat m. 's. '90 luiDayton ft Mich, lat m. 78. 'SI
do 2dm.7a, 'ij7
do 3d m. 7s, '6i.
Dayton ft West. Ist m., '31 . ..tdo I8t m., 1906
do 1st m. 6a, 1906Ind. Cin. ft Laf. Ist m. 78
do (l.ftC.) Istm.7s,'88Little Miami 6s, '33
Cin. Ham. ft Dayton stock.Columbus ft Xenla stock. .
.
Daytou ft Michigan stock.,do 8. p.c. st'k, guar
Little Miami stockLOUISVILLE,
Louisville 7s t 103do 9B,'82to'87 +do 9s,'»7to'«9do water 9a,'87 to Wdo water stock 6s,'97.tdo wharf 68 tdo spec'i tax9s of *89.t
Loui'vllle Water 9s, Ce. 1902
1
JeS. M.ftl.lBt m. (IftM) 7b,'81tdo 3d tn.,78..do lat m., 78, 1906....
1
Lonlsv.C.ft Lex. Ist m.7a,'97<LoolB.ft Fr'k.,LonlsT.ln,9s,'8LoulST. ft Naahvllle—Leb. Br. 6a, '86 +lat m. Leb. Br. Ex.,7s,'3D-S6.tLou. In. do 6s, ';U...tConsol. iBt m.7s, '98
Jefferson Mad. ft Ind. slock.Louisville ft Nashville stock. ...
ST. LOUIS. I
St. Louis Is, long 1)100 _,
do wster6s,gold f 100)4do do do new.f 1V7do brldgeaDpr.,g.9s t II
do renewal, gold; 9s.
r
GO sewer, g. (a, 1i4-3.t31. Louis Co. new park.g.la.t
do car. 7s t
t And laterest.
lOlW
9uS
103
M10310«<
142 THE CHRONICLE. [Vol. XXV iIL
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.U. S.Bonda and active RaUroid Stocks are quotei on a previous p1^e. Prinm represent the per cent value, whttever the par may be.~
STATE BONOS.
SSOUBl'i'LAS.
AJaoama Ss, 1883. ...
do 58,1886. ...
88.1886dododododoao
88, M. & E. KB.88, Ala. & Cta, K88 at 189288 of 1893
ArkaD^as 6s. funded. . .
.
do 7'^. L. E. & Ft. S. Isn
do Ts .Msmphia & L.U.do 7s,L.. ti.P. B. &N.Odo 7b, miss. O. & R. Sdo 78, Ark. Cent. KB...
Connecticut 6aeoorgla 6s ..
do 78, new bonds
—
do 78, endorsed. ...
do 7s, gold bonds...Illinois 6a, coupon, 187>. .
.
do WarloanKentock7 6a
Bid. &.3k
45434545 ....
"is
....
44 51s444
105100!^1I19K 11110910i«< lll«100
ibo
eBCDRITlBS
Louisiana 686s, new.
dodododododododo
6s, new float',? debt.78, Penitentiary6s, levee ....... ...
8s, do88, do 18758s, of 19107s, consolidated78, small
Michigan 6s, 1873-79do 6s, 1883
do 7s, 1890MI880ttrl6s, due 18S2or'83. ..
do do 1386
do do 1817do do 1833. ...
do do 1889 or '9J. . .
.
Asylum or Un.,due 189^Funding, due 1831-5
Han. ft St. Jos., due 1886
do do 1887
fii-t
4342i2ii42
65«
lid101
105103
10>l4106
lii4
104
aBoirsiTiBa.
is,
6a«B,la.
New York state—48, go!a, reg .... 189768, do coup.. !8S7"- do loan. ..1883
do do .1891.do do . 1892
. do do ..1893.North Carolina—39, old. J. HJ
do A.* oN.C. KB J.i J
do A.&Odo coup, off, J. ft.Jdo do on, A. & O
landing act, 186600 1863 ,
few bonda, J. * Jdo A. AO ,
Special tax, Class 1
do Class i
do ClaaaSOhlo6a, 1831
do 1836
Bid. Aak.
110110
120lil12218 18W
18>|8787(17 ....67
13lOH 1810 1310 13
2 3H2 2
104106),- ...
SKCUBITtKS.
R'lode Island 68, cp.,*93-4d>}uth Carolina (is
Jan. & July^prllft OctFandlnj; act, 186fLand C. 1S89, J, A JLand C. 1889, A. & O....780f 1888Non-fundable bonds ..
Tannessee 6s, olddo 68, newdo 6b, new series.
Virginia 68. old5a, new bonds, 1SS653, do 186763, consol. bonds63, ei matured coup68, consol., 2d series63, deferred bonds
D. of Columbia S-656, 19i4.do smalldo registered
2,5
1(1
1(1
10101010
^AoJI
«5 25?25 26HHi>n
SMI • ••745<V« .55
.S« 407H
V9}t IJO
RAII^ROAO AND 9IIK€ELIiA>VKOl7S STOCKS AIVD BOIVDS.Railroad SiocHs.Active prenVuHly quoted
. i
Albany & Susquehanna. .
.
Borl. C. I4ap. A Northern.CtaicagoA Alton, pref.. lOtf
Dnbaqne A Sloox CityHarlem 149Ji6JolIetA Chicago.Lonir IslandNas&Y. I- bat. & St. Louis .
New YorH Elevated UK..N. Y. New Haven A Hart.Ohio A Ml"9tB8ippi, prefPitts. Ft. W. A Ch , spec. 90Benetelaer A Saratoga . 101Rome Watertown A Og.8t. Louis Alton A T. H....do do pref.BellevUteA So. HI.,pref
.
Terre Haute A Ind*poll8.
.
United N. J. R. A antscePons Stocks,AdauH Espre-18America,) ExpressUnited -tales Kxpress 47KWeUs Fargo A Co 97Qnickbllver 15
do pref. ...
A.tlaatlc Arac. Tei...Am, District Telegraph... 3i»
'Janlon Co., Baltimore 2SHAmerican CoalOonsolldat'n Coal of Md.Uomberiand Coal A Iron. 18MarylcndCoal 7Pennsylvania Coal 125Boring Mountain Coal...Mariposa L. AM. Co
do do pref.Ontarl" Silver Mining....Railroad Bonds.fltoc*- Exchanae PficetBoston U. a Erie, ist m.. 339^
do guar. ... b3B^^C. KANorth., la' 5s. 7114Mlnn^ &t.L.,t8t 7e goa X'^i
CbetA. A Ohio tts. iBi lu. H3>^do >*.% fonr .-onp JSO
CUcago A Alton isi mort. usdo Income. lti6!^d ) elnk'g fund io3
JoUet AChtcugo.isim. }105La. A Mo.. I8tm.,guar8t.L.Jack.A Chic.lst in. lOOJ^
Chic. Bar.A Q. 8 p.c.,lBtiii ;io|6do coneol. m. 7^do 58 sink, fun 1
Ch.Kk.I.AP..».f.lnc.bs,'»5.6s, 19>7,coupon 1124668.19l7,reg{Bt'd 112^Keok.ADM'8,l8t I g.,5=. 8h^
Central of Js . J ., 1st m., 'W 1 10do let consol. ... 98do tiBscKted.do conv... .
do assented 81!^do adj'mtb., 1903. 94^
Lehigh A W.B.con.guttt 6 •
do do assdiited. 471^Am. Dock A Imp. bonds 61do do »8iiented. ei
Ch^lLA 8t-P.i St m.Ss.P.D 121)*do 2d m. 7 3-10, do ; 061^do l8t7s,$g .H.D i07Jsdo Istm., LaC.O. 10^!^do l8tm.,I.AM... 105do Istm., 1. AU. ]02!«do Utm.,H. AU. 102Wdo utm., c. AM. HUHdo consol.slnk.fd lOSkdo Mm 101do lstm.,7s, LAD.Ei
CUc. A M. West. Blnk. fddo Int. bondsdo consol. bd«do ext'u bds..do Ist mort..do cp.gld.bdB,do reg. do .
Iowa Midland, ist m. Ss.ChUena A Chicago Ext .
Peninsula. Ist m., conv.Chic. A Mllw., Ist mort,WluunaASt. P.,l8tm..
do ^ mort.C.C.G.Alnd*BlBtm.7B,SF.
do consol. m. bdtDel. Lack. A West., 16. m.
do 78, convdo mcrt.. (8, 1907
Byr. Blngh.A N.Y. ii.t,;h
Morris A KBsex, iBt. m.
.
160>i
108H
48«
3138%8930
f^
103«112103
115112K
si)
16b
m
6547«0481122losM107J4
iooH
1035J
101«108
J 106tllS;106107KlOSHi
tl(>7HillO103H VH%
114108
117
do 2d mort.
.
do bonda, 190,1.
do couBtruct'ndo 7a, of 187,do 1st con. guar.
0«l.AHud.Canal, Ist in.,'8
.
do do 189do latextend*;ddo coup. ^8. isu.do res. :a, I8«do latParilv.c. 8,1917do reg
Albany & 8u8q. lat Dds .
do d <l<...
d- 3(1 bon'l«.
104><SWW115)1
loejjlos
;i07
i20«.
;io«j(,io8
"." S5103^' 103Has,
T
99:o8105
107]22Ji
no.8
no103
»8?i
10-)
102^
.iilbaiiy A tjusq., .... .mi-..-:u« VtiZ
IteiiB. <JB Saratoga, iBt coup . . 118do Istre<... llrt
Denv.A Rio Grande Ist m.,1900 90?^Erie, iBt mort., extended 118do 2d do 7b, 1879 106do Sd do 78, 1883 110^do 4th do 78,1830 106do 5th do 7b, 1888 112do is con.", gold honds. 1930. 115do Long Dock boads.. 114^Buff. N. Y. A E. ist m., 1916... ..
Han. A St. Jo.. 8s. conv. mort. lfI7
m. Cen.—Dub.ASlouxC.lstm JlOldo do 2d div. tl05
Cedar F. AMlnn., Ist mort.. 9*Indlanap. Bl. A W., Ist mort.. . t33
do do 2d mort. }4Lake Shore— ,,«,.MIchS. AN.Ind.,S.F.,7 p.c. UOJ^Cleve. A To!. Blnklng fund.. lOrf
do new bonds— lOd?*
Cleve. F'vllle A A8h.,oldbd6 ;l02^tdo do new bds -13
Buffalo & Erie, new bonds.. . 1 13Buffalo A State Line 78 JlOiKalamazoo A W. Pigeon, ist ;iOODet. Mon. A ToL.lst 78, 1906
Lake Shore Dlv. bonds W^H.do Cons. coup.. iBt. llodo Cons, reg., iBt. Uttdo Cons, coup., 2d.. 109do Cons, reg., 2d
Marietta A CIn. Ist mort 90!^do sterling
Metropolitan Elev., 1st. 1903. i 98HMich. Cent., consol. 7s, i9Lr.f .. UI9
do 1st m. 88. :882, s.fdo equipment bonds
Mo.K&T.,C'n8 ass., l''01-5-S
do yjm.lnr-.. 1911
H. A Cen'. Mo., Ist, 1890.
New Jersey Southern iBtm.Tsdo consol. 7s, 19^3.
N. Y. Central 6s, 188Sdo 68, 1887do 6s, real estate..do 68, subscription,do A Hudson, 1st m., coupdo do 1st m., reg.
Hudson K. 78, 2d m.. s.f., l88^Cttnada South., Ist guar.. ..
Harlem, Ist mort. 7s^coup. .
.
do do 7s. reg...I
N. Y. Elevated RR.,i8t m., 190^1
North MUBOurl, 181 mort ....
Ohio A Miss., consol. sink, fd.
do consolidateddo 2d dodo Ist Spring, dlv..
Pacific Railroads-Central Pacific gold bonds,
do San Joaquin brarxlido Cal. A Oregon Ist .
do Stnte Aid bonds.. ...
do Land Orant bonds..Western Pacific bonds
Southern Pac. of Cal., Ist m.Union Pacific, iBt mort. b'dii
do Land grants, 78.
do Sinking fund...Pacific R. of Mo., Ist mort..
.
do 2d mortdo Income, 78. .
do IstCaron'i hSouth Pa'i.of Mo.. l8t mKanaas Pac, 1st m. 6s. iBai..
do with coup. c.fs.do Ist m.. 68, IS96do with coup, ctf 8..
,
do Ist, IB, Leaden. br.,do w 1th coup, ctf8. ....do lBt,7^,R.AL.G.D'd.'«ado with coup, ctfsdo 1st m., 78, rd gr., *80.
do with coop. ctfs..do 2d mort. ,78. 1836.do with coupon ctfdo Inc. cp. No. U on 1916do Inc. CD. No 16 on 1916do Den.DIv.Truat «e-..00 Detached coup. do.
Pennsylvania KK—Pitts. Ft. W. A Chic, istm.
.
do do 2dm.. I
do do 3d ra. .
Cleve. A Pitts., consol.. s.f.do 4th mort....
Col. Chic. A Ind. C, iBt mortdo do 2d mort
Rome Watert'n A Og..con. istBt. L. A Iron Mouutaln, ist m:
do do 2d m
.
St. L. K.A N. R'l K'e A K.,7s, '95
at. L. Alton A T. H..i8t mun
.
do 2dmort.,prel..do 2d mort. Inc'mt
Belleville A 8. Ill.Ii. lat m. 8»Tol. Peoria A Warsaw, ist E.I
do 1st W. D .
do IJurllngt'n i>lv ...do 2dmor*,. 1S88.do p.onaol.7e, I9iij . .
do P.Cora. Kcpt8,i8t.E.hdo do l8t,\V.I)do do Bur. Dido Ist pref. Inc for 3 1
M
do do fo f"in«*-<'
MH"ai
iiw106104Hioi>,!
;12Vluu
-•m;i23;123lOiJii
lOK !
lOit
88X
107JJ».<
"milOiHi»4>»108K112>4;110MM,;ii4*i I
107
114^115107M
ido
11110»>S111«
109K110
Sll
M8)i
IVSH
"52
17Hi
106106123123114
I'!!!
106lOJ
8SHI
1*8
BS
1V3
105«105
9514
iih'H
38
"8<H
14X14HOJ«60
mw 122!^{iii,»Miii 116..•• 118lOti
WH. 5«<;.... 18J31;o»WJ85ma ibti
111 11581
44 46105H
* i-rlce nuuimax.
J 100{ ...
lis
l67J<
42
82
ei23^3161681
10410J«
t Aud accruea miereau
Tol, « Wabaab,, ..... u,. ejL.cu. .
do ex cuupondo 18tm.St.L. dlvd o ex-matiired coupdo 2(1 TDortdo Extended, ex coop..*lo equip't bondsdo con. convertdo ex conpon
Great Western, Ist m., 1888..
do ex coupondo 2d mort., '93
<*o fx couponQnlncy & Toledo, Ist m.,'90..
o ex couponIllinois & So. Iowa, lat mor(
do ex conponPekin LIncMn & Dec't'r,l8t m
Western Union Tel., 1900, op...do do ree
iniscellaneoaii List.{Brokers^ Quotations,)
CITIES.Albany, N. 7., 68, longBuffalo Water, long.Chicago 6« long datea
do 7s, seweragedo 78, waterdo 78, river Improvem't .
Cleveland 7», longDetroit Water Works 78Ellzabetb City, short
do longHartford 68, variousIndianapolis 7-308Long Island CityNewark City 78 long
do Water Ts, long.. .
.
Oswego 7sPoughkeepsle WaterRochester C. Water bdi.. 1903.ToledoSs. water, 1894- "J4 ...Toledo l-SOs.Yonkers Water, dne 1903
BAILROADS.Atchison & P. Peiik, 6s. gold..Boston & N. Y. Air Line, lat mCairo & Fulton, 1st 78, gold..."-Ufornia Pac. RR., "s, gold .
.
do 6s, 2am. g.Central of Iowa Istm. 78, gold.Chic. & Can. South lat m. g. 78.
Chic. & East. 111. 1st mort., 68do 2 dm. Inc. 78,
h.St.P.& VInneiip., 6s,g.,newdo do 1. gr.. 68, g
Chic. & S'thwestern 78, guar.
.
CIn. Lafayette & Chic, Ist m..Col. & Hock V. 1st 78, 38 years.
do l6t 7s, 10 years.do 2d 7s, 20 years..
Dan. Urb. Bl. & P. Ist m. 7s, g.Denver Pac, lat m.78, ld.gr.,g.Erie * Pittsburgh l8t 78
do con.m.j 78,.do 7s, equip...
Bvansvllle & Crawfordav.,7a.
.
Hvansvllle Hen. & Nashv. 7s,..Bvansvllle, T. H. ft Chic. 78. g.ifllnt & Fere M. 8E,Land grant.Fort W., Jackson & Sag. 8s, 89Orand U.& Ind. 1st Is, Tg., gu.
do l8t',s,I.g.,notgu.do Ist ex 1. g. ts.
Grand River Valley ?i», lat m..Hou£. & Ot. N. Ist >8,g., certs.Hous. & Texas C. 1st 78, gold.
.
do West, dlvdo Wacodo consol. bdB..
Ind. Bloom. & West., iBtIndianapolis & 8t. Loula latSfiIndlanap. & VIncen. Ist78,gr..International ^Texas) 1st 7a. ..
Int. H. & G. N. conv. 8s.lack. L.&S. 8s,Istm. ("white"Kal. Allegan. & G. R. 8s, gr...Kalamazoo & South H. 88, gr..Kansas City & Cameron iOa...Keokuk <& D.M., lat 5.", gr. R.I.Long Island RR., Ist mort. . .
.
Loulsv. & Nashv. cons. m. 7b.do 2dm.. 78, g..
Michigan Air Line 8s, 1890Montclair & G. L.lst Ts, (newj.N..I.MIdland 1st 7s, goldJ. Y. Elevated UK., IstmN. Y. 4 Osw. Mid. 1st
do recelv's ctfs.(labor)do do (other)
Omaha & Southwestern RK. 8eOswego & Rome 78, guarPeoria Pekln & .1. lat mort ...
Pullman Palace Car Co. stock,do ods., 8s, 4th series
St. L. b I. Mt. (Ark. Br.) 78, g.St. L. & San F., 2d m., class &.
do do class B.do do class C.
St. L.ftSo'east. con8.7s,gold,*WSt. Louis Vandalla & T. U. 1st.
do 2d, guarSandusky Mans. & Newark 78.South side, L. I., 1st m. bonds.
do sink. fund..Sonth. Minn, lat mon-,, 7a, '83.
.
»2Ji|;106
83
"86k71135106Hfl0586
290:ll5
»3«108
71k
85>4
105 108111 113
tl08«tl0»Hno8><tintin4040
104fl05}s
tins1108noi«tintlI2106
tioo111
lU4i.j
ue1008942327020«0«419272
tl04t9»t914185
lOO96
ibi4148•8530W88ti
•1007510395959583S8857620
fl0510195
tll2J48899106
1^10820
105^5
2^2011591«20819089573131^^4099749^83
'98
110>i
112li37065107:o8:os110iis^s108J4113114110102113
100102Vi463772
-^^
76105101034541
9978105
53904010292
99100356490
IIS88101
96
25S>105M
7,14
30231169740829392583532«
ibi8010085
^oulh. Minn.. ;a. Ist.
Tol. can. S. &Det. Ist 7a, gUnion & Logansport 7s..
Un. Pacific, So. Br., 6s. eSuutli'n Securities.(Brokers* Quotations.)
STATES.Alabama new consols, A.B,53C
Georgia 68, 1879-'86
S. Carolina con. Ga fgood).Rejected (beet sort)...
TexaB98, 1892 M.*S78, gold,189a.l910..J.&J78, gold. 1901 J.iJlOs. pension, 1894.. J.&J
CITIES,Atlanta, Ga., 788«Waterworks.
Augusta, Ga., 78, bonds.
.
Charleston stock 68.Charleston, S. C, 7s, F. LColorabus, Ga., 7a, bondsLynchburg 68Macon bonda, 78Memphia bonde CBonds A and BEndorsed, M. & C. KK.Compromise
Mobileba (coup8. on)88 (connotes on)6s, funded
Montgomery, new 58New as .. ,
Nashville 6s, old68, new
New Orleans prem. 5sConsolidated 68,.KuUroad, 68
Norfolk 68Petersburg 6s88
Ulchmond 68Savennah 78, old
Wllm'ton',N."c!,68,g. ( coup8s, gold 1 on
RAILROADS.Ala.&Chat.,Rec'B ctfs ,varAtlantic & Gulf, consol.
.
Consol., end.by Savan'iiCarolina Cent. Ist m. 68,g
.
Cent. Georgia consol.m.Tf-Stock
Chari'te Col.A A., cons. 78do do 2d 78.
Cheraw St Darlington 88
Kast Tenn. & Georgia 6s
K. Tenn.&Va. 68.end.Tenna. Tenn. Va. & Ga. Ist. 7s.
StockGeorgia BR 7s68Mock
Greenville &Col.7s,l8tmts. guar
Macon A Auff.21 endorsedM empMs s Cba'ston Ist lb
2d 7s>tock..
Memph. & Little Kock lat
Mississippi Cent. 1st m. 78
2d mart., ex coupons....Mian. & Tenn. Ist m. 8s, A.1st mort., 88, B
Mobile & Ohio sterling 38
Sterling ex cert. 6a8s, Interest2d mort. 8aiiew let mortNew debeuLUrea
N. o. « Jacka. 1st m. 8s..
,Certificate, 2d mort. 88.
I
."Jashvllle Chat. & St. L. 7s
lst,'iB,Tenn.& Pac. Kr .
Il»t,6s,McM.M.W.&Al.Br
Nashville & Uecatur 1st 7s' .Sortoik& Peterab.lst m.8s
I
lBtmurt.782d mort. 8s
INortheast., B.C., Ist m. 8s.
' 2d mort. 8s
1>rHnge&Alex'drlB, '.t8,6t
as, 6aI 3d8,88
Ith8,88Ulch. Fred. * Potomac 6s.
I mort. 78Kicu.dE Danv. Istconsol.ei-
South west.,Ga..conv78,^6Southwestern, Ga., stock,i. Carolina RU. 1st ni. Ts
I
78, 1902, non-enjoined...I
7s, non mort1 savannah « Char .1st m. 7t
I Cha'ston & Sav. 6s, end.West Ala., Ut mort. 8s.. ..
2d m.hs, guarPAST Dae coaroNsTennessee State coupons..South Carolina consol.
. . .
.
Virginia couponsConsol. co'in
Meniniila CItv conpon...tMo price tOHlay ; these aie latest quotatloaa made this week.
467552lOlX7543
tl03tll2HtllStlOO
971031.7
10045
'soi<7
601010108066IS
78852626231'8
95107102>i656575
20100203011'8«718355103850096
1109675
'sB95
3710293
1118770703015752510810196
fc'10410310090
1(15
0090783SH12
10010081100.82U335
5SO
108108
1540207880
«ni
48805S«104815S105r.3116101
1001U61001C2507360
26SO4081es!83030100
1033636109748660
lOO10140lU
'so904210098M80^745lOS96«iia88747465207829100
107104
824020106
9740301040110112
1
FuRUABY 8, 187g.J THE ()UR0NI(;LE 143
NEW YORK LOCAL SECURITIES.
Baak Stoek LUt.
CoHPAia*.I
CAPITAt. Sarploaal UtMtdata*
America*. » ..
Am. KxobAiiggBowarjrBroalwajrBatchara'A Dr.CntrmiCliwal%MlunCbwalcaiOtiltau'City ..
CommO'Co ....
Uonlla 'Dial...,Corn Kxch*ff«*.KaitUlv.ir. ..
llih Ward'....rifihFifth ATeono*.Hr«tFourthKuHonOallailo....ti«rman Am.*.Uorman Bieh.*Oormanla*Greenwich',...Oraod l>jDtrat'Orooeri'HanoverImp.* Tradera-IrrlncIilandrity ...Leather Maouf.UanhHttaa*HaDnf.AMer.'MarinoMarketMechanica*. ...
Mech. Aasoc'iiMech'Ica A Tr.MtjrcantlleMerchant.'. ..
Uerohanta' Kx.Metropoili*.
,
Metropoltiai ..
Murray Hl!l'..Naaaaa*Row Yor^N. Y. iJoanty..N. Y. N. Kxih.NinthNo. America*..North lilrer*.Oriental*PacdcParkPeoplea"PheuUProduce'RepalillcSt. .Mlcholaa...BeTentn *ard.SecondShoe a LeatherSixthSlate of N. Y.
.
ThirdTra«M ineii'a. ..OnionttealSldo*....
s,ooo,ooaft.000.000>!t0.000
1.000,000JMO.OOO
«/)00,000800,000tfO.OOO800,000000,000
1,000,000^,000,0001,VBO,0001,000,000890,000100,000100,000100,000SO0.0O0
3,800,000600,000
1,000,000780,000aoo,oao800,000soo.ooo1C0,000!MO,000
i,una,oao1,B00,0UUMo.nooino.nnoflOO.OOO
2,000,000100.000400,000soo.ooo
j.ono.oooBOO.OOO600,000
1,000.0008,000,000
Boli,oao,ooo1001 300,000100 3,000,110000 100.000inn 1,000,000100 1!,000,000100; 200,000
300,000750,00070(1,000340.000800.000488,700
100 2,000,000SSI 418,fi0020 1.000,000100 198,300100 1,.100.00'100 i,o<x),i'no
100 300,000100 300,000100 1.000,000100 800.000100 HOO.OOO100 1,CO'',0004011,000,00096 1,800,000100 800,000
1,413,700',167,60018-,6i0
l,ll«,4'0IM.000
aBl,-<0016KI0
leo.ooo3,101,VOO
I.M),4<I0
1,4I3,»I0«,«)<VI,«00
887,100745,000eil,M00
7,«)044,5100,700
1,857,700868,000407,800640,90088,700M,«0048,70014,800
70016,700
1HB,40u>74,S00ne,0i)o6,«00
387,7001,026,800
2,600:3,800
877.800927.000dS.'iOO0W,30Oi7V.O0Oeoo.ocj200,800B1,-0Ctoe.800(•8.70031.600
634,1007S,80ll(18,2004IW04.<<,IW0
88,000160,400i 14,40*.
260,100143,601)147,400
nil.
288,80038,60046,30064,700178,00048JsnO193.900nil.
32H,30"677,90"86,800
PivinnNDa.
Period 1877. 1878
J.* JM.«NI. A JI.* JJ. A J.J. A J
i.'a'.i
«|.m*lyJ.A.I.M.AN.I. A.)I.* J.F.AA.I. A.).I.A.I'. A .1.
ii^VI.AJ.M.AN.A.AU.F.AA.May.May.U.AK.
iVa J.I.AJ.r.A.i.I.A.I.J. A J.I. A.I.F.AAI.AJ.I. A.I.I.AJ.I.AJ.M.AN.M.AN.M AN.J. A J.J. A J.I.AJ.J.* J.
.M.AN.'I.AJ.I.AJ.F.AA.J. A J.I.AJ.J. A J.I.AJ.(j-r.I.AJ.I.AJ.I. A J.
F.AA.F.AA.J. A J.f.AJ.I.AJ.J. A J.M.A N.J. A J.J. A J.M.AN.I.AJ.
8OM181688
"olOO«X106
"lb«H
id
"lii
6W107
"«67
"b7148
iS"^8
A
V*836
il186106
¥1010773U88
103«
39106737H108
Uit raid.
lan.,Ncr.Ian..Jan.,Ian.,Jan.,
J.n.,"in.,Vov."Jan.,Ian.,
Fc")..Ian.,
luly,Jan.,
Jan.,Jan.,NovOct,Fel).,
May,May,.10T.
Jan.,Jan ,
Jan.,Jan.,.Inn.,Ian.,
Feb.,luiy,Ian.,
Jan.,Jan.,Nov.,.Nov.,Nov.;'an.,Un.,Jan.,Jan.,Jao.,Nov.,Jan.,Jan.,Feb
,
Ja.i.,
July,I at).,
lin,
Feb.,'an.,Jan.,Jan ,
Inly,Feb.,Aug.Inly,Jan.,fan.,.fan.,Nov.,fan.,Jan.,Nov.,Jan.,
180106M
18IM
iinx
9284009&H
1.19
13170
•79. 4i •78. 8•78.
•7.I. 8•™. 3•79. 3M
•79.80•79. 8•,». 5•79. 4to. 3•79. S79. 8W•7«. 8^70. 3
"»;•79 3•78. S•78. 3«•74. 3•78 6•77. 6
,"78. 3
•77. 3•70. 3X"N. 7•79. 4•78. 3?«. 4
,•79. »7S. 3l,.
'76. 6
•79. 4.•7«. 3•77. 8« ....">*. 8 H7
,•79. 3M 12079.32S'2«•79. 4'79. 6•7*. 8M'79. 4•79. 4'79. 4'77. 3•77. 3'79. S>»'79. 4•79. 2K79. 3'79. 3ii•79. 3•74. Si,•7«. 3•77. an•78. 8•79. 4•79. 4•79. 8•78. 3H•78. .3
'79. 3X•78. 5•79. 4
801118
130
80
187
123110
120106
87
li'SH
149
800
90
118
95188
12S
12097
i The Af^nrea In thta colnmn are of date December 6 for the National banks, andof date Dec. li lor the SUte banks.
Ga« aud Citjr Railroad Stocks and Bonds.lOm (jnotatlona by Georffe H. PrentiM, Broker, 30 Broad Street.
I
Gab Companixs.
Brooklyn Uaa Light CoOlclxeus^UaaCo (Bklyn)
do 4ertlilcate8BarlemJeraoy City A HobokenManhattanMetropolitan
do certlQcateaMutual, N. y
do bonda^aaaau. Brooklyn
do acrlpew YorkPeople'! (Brooklyn)
ao do bondado do certificate*
Central of New YorkWUItamibnrg
do acrlpMetropolitan. BrooklynMunicipal.
Par.
20SO
I,COO0020GO100V r.
1001,000
20Va .
10010
IjpOOVar.OO00
Var.100100
Amount. Period. &
2,000,000 Var. 61,200,000 Var. 33'.2O,0OO A.AU. 3«
1,800 000 f.&A. 3700,000 I.AJ. ">«
4,000.000 I.AJ,tfiOO,000 M.A81,000.000 U.AS ?J«5,000.000 Qaar. IH1 .000,000 F.AA. 3H81,000,000 Var 8700,000 M.AN. ft
4,000.000 U.AN. t1,000,000 f . A J. 8tt330,000 M.AN. 3M800,000 J. AJ. 8W466,000 F.A A. 8
1,000,000 Qnar, 81,000,000 I.AJ. SH1,000,000 M.AN. 8(»1,800,000 3
Date.*
Jan.,Jtin.,
Oct.,Feb.,.Ian.,
Feb ,
Feb.,Feb.,Jan.,
.I^ln!;
Nov.,Nov.,Jan.,
Bid.
•79 130'79 80'78 93'78 23
Jan.Feb.,Jan.,.fan.,N/>v.,
Feb.,
Ask.
1407010040140175IM10078103759392£59B«W70809066US
[<)nouUona by H. h. Oraxt, Broker, 145 Broadway.}
SiMeter 8t <t Fallonterr^—»ik.lit mortKago
aroadioay it Seeent/l Av€—»tlL..let mortjrage
Brookli/n OUy—atock1st mortftage
B'wulwai/ (BrotfAlyn)—atock..
.
flrootlyn •* HunUr't /t—atock.lat mortgage bonda
Btaktnck At. ({rt^R)—atock.
.
\jtKtral n..S.JtB. AMT-atk.C.onBolidatL.d mortgage bon><8
Dry Dock, K. B. A Batltrn-tltL.lat mortgage, cons^d
Eighth 40enu«—stocklit mortgaite
Id St. <t Ornntt St ^«rry-«tocklit m(irtr.A8:e
Centrtil CroHH /oira- atock. ...lat mortgage
HouHon. WtM s(.<tAiV.F'^-«tklitmortgag*
fiacoiuf .40«ntM—atock.Hd mortgageCons. ConverllalcExtennlon
61x1A yl nen.M' atocklat mortgagamrd .lr«t««—stocklat mortgage
J>/sn(./.>MraN<rM(—atOCk1st mortgare
1001,000100
1,00010
1,000100100
1,000100100
1,000100
SOOAc100
1,000100
1,000100
1,000100500100
1,0001.000'OOAc.
1001,000100
1,000100
1,000
900,000884,000
2,100,0001,500,0008,000.000300,000200,000400,000800.000600.000
1.800.000IJiOO.OOO1,200.000900.000
1.000.000203.000748.0001138.000800,000200,000850,000000,000
1,199,000160.000
1,060,000200,000760,000410.000
2,000.000V,000,000800.000250.000
J. A J.J^ A J.Q-J.J. AD.Q-F.M.AN<J—.1.A.AO.J. A J.
J. A J.J. AU.Q-F.
J. ADf.4 .!.
J. A J.M.AN.A.AO.
M.AN.
J. A J.Q.-F.A.AO.M.AN.A. All.M.AN.I.AJ.li-F.I.AJ.I A J.
July. '78
J'ly,1900Jan., '79
June, '84Feb., '79Nov., '80
Jan., "TOOct., •TO
1888
Jan., "79
1W)3Feb.,^79Jui.e.^93,Jan., •T9iIan., "StNov., •78
Apr., "93
NOT.1804
July, "94
Apr., '78
Apr ,'80May, '88
Sept-.'KlMay. "77
Ju'y, '90
Feb., -79luly, '90Feb ,'791J.v. '96
93M65lOO140102ISO
10080409385101
100125100
84
80
601001169795100
2510070101160110ISO10010290SO9890105
iVd1401154096808840907S7375US
idd100106
Inaaranea Mock List.(Onoutlona by K. B. HAiLair, broker,! Pine itraat,]
CoMrAM isa.
Adriatic/StnaAmericanAmerican KxobAmity.. ..
Atlaotlo...Bowery...HroalwayBrooklyn.,Citlsena*.cityClinton...Columbia,lommerce FireCommercial ...
Continental.,KagleKmplre City..UrnporlnmKxoMange.Karragnt.
.
Firemen'sFiremen's FnndFlremen^s Tr
.
FranklinGerman-AmerUermanlaGlobeGreenwichUuardlanllainlltenHanoverRomnanHomeHopeHowardImportera^A T..Irving...JeffersonKings Co.(Bkn)KnickerbockerLal'ayette(Bkn)LamarLenoxLonKl8l.(Bkn.;LorlUardMannr.A Butld.ManhattanMech.&Trad'ra*Mech'lca^(Bkn)Mercantile.. .
Merchants*Uontauk (Bkii)Naasan (Bklyn)NationalN. y. EqnitahleNew York FireN. Y. A BostonNew York i;ltyNiaEiaraNorth Elver....PaclllcParkPeter Cooper...People'sPhenli (Bklyn)Prodace Exch.Kellerliepnbllc -
Klugewood....Rutgers'SalCKuardSt.Nlcholaa...StandardStarSterlingStnyveaautTradesmen's...United States.Westchester..VYUUamab'g C
Capital
> ar. Amoant
loo,00loolooBO8525172070100.80loo80too40tootooSO00171010
10010050SO8810015000010080000010080204000100205025100100250050505050371^.35
10010010050258510020505010050100100251002550100<002525251060
800,000200.000400,000800,000800.000800.000300.000900.000168.000800,000310.000960,000800.000800.000900,000
1,000,000800,000800.000800,000800.010800.000804.000100,000100,000900,000
1,000.000800,000800,000200.000800,000180,000500,000800.000
8.000,000If 0.000500,000200,000200,000200.010150,000230.000150.000200,000100.000200,000800,000200.000280,000200,000150.000200,000200,000200,000200.000200,000210.000200,000200.000.fOO.O'O600,000830.000200,000200 000150,000150.000
1.000,000200.000200,000300.000200,000200.000200.0iiO
200,000200.000SOO.OOO200,000200,000150,000250,0U0800,f00250,000
• Over all liabilllles, Including re-lnsarance. capital and tcrlp. t luclusive of
scrip. Figure* with a niiuue sign before theiu show that the (Ouoany la
Impaired to that extent.
Cltjr Securities.
IQQOtatlona by Dakixl A. Moban, Broker. 40 Wall Street.]
Him York:Water atock 1841-68.
do 1854-57.
Croton waterstock. .1845-51.
do do ..vsa^m.Croton Aqued'ct slock. 1865.
do pipes and mains...lo repervolr bonds
Central pai k bonds . . 1853-57
.
do uo ..1853-65.
Dock bonda 1870.
do Ii75.
Market stock 1865-68.
Imprivementstock— 1869
do OO ....18W.Consolidated bonda var.Street imp. stock var.
do do ..(....Tar.New ConflolldatedWoatchester County
iNTXRKST.
Months Payable.
8 Feb., May Aag.A Nov8 do do5 do do8 do do8 do do7 May A November,8 Feb., May Aug.A Nov5 do ("o
8 do do767
May A November.
May A Novo-nher.do do8
7 do dog. do do
8 do do7 do do8g. January A July.7 do do
1878-1880 1001878-1870 100
<S90 103188»-1.<)90 1081884-1911 1041884-1900 1101907-191111071878-I89H,1011877-1895 100
1901 IIH189S 107
1894-1897 1181889 105
1879-1890 1081901 1111888 I08H
1879-1883 1081886 1111891 106
109108103100108119108108107118100It*106114119106106lis107
[QnoMtionaby N. T. BiBaa.Jr., Broker. IK wall at.]
Brooklyn— IXKSU impr'em'i.City bonds
doP.irk bondsWater loan bondaBrldirebondsWater loanCity oonoaKlnga Co. bonda.
do doPark bondsBrldg"*AliBroott1yn bonds flat.
Ja'oan A luly.do lodo iodo dodo doflo do40 do
May A Novembei.lo -In
January a July,lo do
1878-1880! 1011881-18(0: 109:910-I9!i4i!'0
1903 1801910 120
190S-I800,109H1881-1895' 1041880-18>«'lu31880-1885 in2• 1934 ,1101907-1910 108
I I
108lU
loSf^1081061UlOUM
[Quotatlona by C. ZABKisxia, 47 Montgomery 61... eway Clty.l
'This colnmn ataowa laat dividend on tackt, but the data of inaiarity of bonat
.
Jerty <Mv—Watei loan, long.
.
do 1869-71
Seweragebonds I866-68.Aaaeaamest bonda... 1870-71.
Improvement bonda..Bergen honda ia
Jannary A July.January A July.do do
Jao.,May,Jnlv.l NovJ. A J. and J A D..Ian't**'r ••*'* 1.^"'
1800 1011890 1002 1071878-1879 1061S78-18;9 I'lO
18U1-V4 ll<6
luon '.1*
109108101101lOTion
144 THE (JHRONICLE. IVOL. XXVIIL
%nvitstmtnisAND
STATE, CITY AND CORPORATION FINANCES.
The iNTKSTORB' 80PPLKMENT Ib published on the last Saturday
of each month, and furnished to all regular subscribers of the
Chboniclb. No single copies of the Supplement are sold at the
office as only a sufficient number is printed to supply regular
Bubscribers. One number of the Supplement, however, is bound
up with The Financial Review (Annual), and can be purchased
In that shape.
ANNTTAXi REPORTS.
Delaware Lackawanna & Western.
(For the year ending December 31, 1878.)
This company issues no annual report, but since the great fall
in coal stocks that has occurred within the past two years, the
oompany issues a brief income account and balance sheet for the
informa'ion of stockholders. For the year 1873 the income
shows a surnlus of |40,709 after meetinjt all charges. The year
1877 showed a deficit of $908,021. The following is from the
statement of the company :
INCOIIE ACCOUNT roB 1878.
BeceipU. IExptnsM.
Trsneoortation $7,611,884 Traneportatton . $4,065,916
Oo" ...:: 6,:09,914 Coal... 6,677,108
MlfcellaneOBS 880,985 |Bargee, &c 87.785
$14,482,784
1
$10,831,350
Balance, net earnings $3,681,484Dedvct.
Interest on bonds $111,985
BenUU leased lines, Incliidlne payments dae Jan. 1, 1819 3,la8,75»— 3,610,725
Ba'ance to credit of Income $4",709Sorplos income, December 31, 1877 4,305,4.5
Income acconnt, December 81, 1873 $4,346,125
The following is the condensed balance sheet:
DILAWABE I.AOKAWANHA * TXSTXBN BB. OO.'s STATBKXNT, DEO. 31, 1878.
Cmt of Sallroad and Assets.
Construction , $58,760,903Materials on hand 838,271Stocks and bonds (par yalne being $6,818,8S5) 5,155.655Changing giiage 863,613Acconnte rec*^ivable, as follows;
Coal billf, agent's acconnt?, &c $1,631,610Adyances ou coal to oe delivered 465,562Adrances to leased roads 299.083Bills receivable on band Z:,SUCoal on hand 381,429Cash on band and in banks 199,112
$3,011,292Deduct: Accounts payable, viz.:
State taxes, payable beiwien Jan. I and May 1, 1879 $103,019Vouchers payable on and after Jan. 1, 187!* . 292,646Accounts payable on and after Jan. 1, 1879 142,048Xnterescon bonds, &c., past due and accrued to Dec. 31, "73 141,489Bentals payable on and after January 1, 18:9 1.011,602December pay rolle, &c., payable in Jsnoaiy, 1879 215,131Bonds and mortgages on real estate 150,101
$2,198 512Balance of accounts receivable oyer accounts payable 814 750
Total $36,43.3,255SUxlc, Bonds and Surplus.
^t!^Zti\^ »^'^«'-*''
Second mortgage bonds of 1831 $l,6:i30a>1Conrertible bonds of 1898 .... 600000Oonsol. mortgage bonds of 1907 '
8 067000JL A B. KK. Co. 's mortgage bonds.... 587 lOO-lucome account
—
'
Cr. balarce Dec. 81, 1877 $4 305 415Add profit ou business for 1873 4o'709-
6,887,100
4,316,;26
Total.
Subjoined is a detailed statement of securities on hand :
Delaware Lackawanna & Western RK. stock, at parSjrracne Bingharaton & New York stock, atpar.Morris A Essex KR. stock, atpar ".'.
'
Valley RR. 8 p. c. guaranteed stock (part of miiin line InN. York)Unca C. & S. V. RR 6 per cent guaranteed stock, at parFirst consolidated mortgage bonds of M. A E. RR.,atparOreeaConniy, N. Y., 7perceutbonds, at par
"WarrenRR stock,alpar „...
$36,433,225
$979,3001,515,900819,1-90
747,000581,100
1,277,000
185,00010,(00
3 Bndr7«ock»andBecaritle8,atpar t *''638!e75
-T""';; ••• r^s3r3';i2sThe foUowinit sbowg the condition of the company at the close
of 18(7 and 1878:
DII^WABI LACKAWANNA A WHSTIBN BAILBOAD.LlaiUUUs.
_, . Drc. 8t, 1871.»"•*? $!6,0i,00C
S"?!* •;.• ••..•LV 8,018,100Hat floating debt 1,698,170• arplas 4,805,415
Dec. 31. 1378.$16,2C0,000
5,(:87,100
$85,213,683
Aststs.
Conrtrocllon $;8,8l7,(il8Materials onbaod 9('3,40«S tacks an4 bonds, iiurket Talae. 4,608,400Changiag giuge 804,865Metcredlta
4.346,125
$36,483,225
$28,760,904838,271
5,155.65681)8,614
811,750
, »Inc.: 2,812,000Dec. 1,693,170Ina. 4(',110
Inc.. $1,219,510
Dec.Dec.Inc..
Inc..Inc..
$56,114145.131
517,23658,179
814,760
ToUls $35,213,855 $36,433,225 Inc.. $1,219,510"Of total ccal tonnage of 1878 was 3^71,470 net tons, or 201,590
tons in excess of that of 1877. Only twelve out of the company's
eigliteen collieries were worked at all during tlxe year, and only
an average of 137i days' work was done on each of the twelve
—
say llj days per month for each colliery worked, and barely 71
days per mouth for each colliery owned.
Portland & Ogdensbnrg.
(For the year ending Sept. 30, 1878.)
From the annual report the following is condensed :
The engineer reports the road-bed aad track aa greatly
improved since the last annual meeting, and this has been
mainly accomplished by the large renewal of cross-ties, and the
addition of about 20,000 cubic yards of gravel, with three hun-
dred and and thirty-two tons of new iron.
The railroad commissioneis, after a very thorough examina-
tion, and in a somewhat extended and very complimentary
notice of the road in their report to the present Legislature, say :
"The road-bed and track are in very good order." " The rolling
stock is in fair state of repair, and the trains have Lieen runsafely and promptly."
The rolling stock of the road has been kept in good condition,
and one new locomotive has been purchased.
The equipment of the road now consists of 9 locomotives, 12
Passenger cars, 3 smoking cars, 3 observation cars, 3 baggage
cars, 1 "smoking and baggage car, 8 brake vans, 45 bjx cars, 35
hay cars, 70 platform cars, 20 ice cars, 1 crane car, 3 snow plows,
1 ballast unloader.
Passenger and freight traffic
:
Passengprs in the year ending Sept. 30, 1878 64.210
To and from other lines 28,268
Tonnage in year ending Sept. 30, 1878 109,815
To and from other lines 25,247
1877. 1878. Increase.
Locsltonnage 76,415 84 5?8 8,153
Foreign tonnage 14,882 25,247 10,886
Showing an increase of a little more than 30 per cent in the
tonnage.The agreement, made by the company with the trustees of the
first mortgage bonds in August, 1877, that the company shouldprovide for the payment of the interest coupons of January andJuly 1877, and January and July 1878, by giving the companynotes for the same, payable in twelve equal semi-annual pay-ments, the first payment to be made October 1, 1877, and paysaid notes as they fall due, and also pay the interest coupons onthe bonds falling due after July 1, 1878, to and including the
payment of coupons and instalments of the notes due aisd paya-ble on or before the 1st day of July, 1879, when the proceedingsfor foreclosure of mortgage then instituted by the said trustees
were to be discontinued, has been faithfully and punctually per-
formed by the csmpany ; and the three instalments of $9,360each, which have fallen due, also the interest coupons of January1. 1879—$24,000—have been paid as called for by the ownersthereof.
In the foUowinjr summary of operations for the year, a com-parison is made of the gross earnings with those of 1876-7, show-ing an increase of $10,897.
SUHHABT OF OPERATIONS FOR THE TEAR.Gross earnings $J70,783Operating expenses $194,209Coupons on Ist mortgage scrip 18,720I-iterest 3,miNew locomotive 8,000Newcars 4,478—227,711
Surplus (applied to the payment of coupons falling dae Oct. 1, 1818,and Jan. 1,1819) $13,071
Gross earnings for 12 months ending Sept. 30. 1818 $270,783Sept 3C, !8?7 .' 239,885
Increase for 1378 $10,897
Wilmington & Weldon.
(For the year ending September 30, 1878.)
This road was leased to the Wilmington Columbia & Augusta,but that company defaulted on the rental, and the Wilmington &Weldon resumed possession April 13, 1878.
The equipment consists of 39 locomotives; 3 parlor, 19 passenger,1 postal and 9 baggage, mail and express cars; 231 box and 139platform cars ; 1 paymaster's and 20 gravel cars.
A brief abstract of the general balance sheet is as follows:
Stock : $1,456,208Bonds 1,619,100Floatingdebt 32,131Profit and loss 315,434
Total ...,$3,442,866Road and equipment $3,310,365Stocks owned 1^^,900Asset.', cash and receivables 88,610— $3,442,866
The earnings for the year were as follows
:
1377-18. 1876-77.Passengers $171,7f8 $160,861Freight 2:4,486 311,443Express, mails, etc 41,620 46,167
Total $161,815 $548,462Working expenses 261,3s9 84(1,107
Neteamings $220,428 $2oS,364
In addition to working expenses, there were extraordinaryexpenses amounting to $44,781, of which $33,491 were paid fornew rails used in previous years, and $11,290 for improvementand straightening of tho road at Quankey Creek.The income account was as follows
:
Assets, September 30, 1877 $187,884Gross earnings 487315Interest, sale of land, etc 6SS
„ "Total.. $62!>332Working and extraordinary expenses $318,170Interest lli',096
FmruaktS, 1870.] THE CHRONICLE 145
Rekl uUlo ami IniprovenMoU V,1WOldircuuiiOrharwd off >*M\RoducUun of noatliig debt 8S,B34— tU7,Till
Adt'tn, ScplrmbcrtO, 1818 - tM.ROO
The losii in carDlDgs yn» chirflf in tliroaK)> freight, and waalargely due tn diveraiou of businers in congequunce of thed«ilructlon of the Weldon bridge.
United Slatc» Rolling: Stock Company.(For the year ending Dee. 31, 1878.)
The annual report for 1878 has ju8t been Isaued, The Presi-dent, Mr. J. B. Hodgnklo, remarks:Thrt nccounts hvrowith submitted of the busincBS of your com-
Sany for the year 1678 show a net income for the year of |313,-
20, or nearly 6^ per cent upon the total share capital. Thedividend paid Sept. I, 187S, abuorbed $98,000, leaving |I216,62Unow dispo.iable. Out ot this your board recommend the paymentof the uHual March dividend of ten shillinga per share, whichrequires 1122.340, leaving $93,279 to be carried to the permanentresorvt). As compared with the previous year the amount carriedto permanent reserve shows a decline of f3S,6G0, which is thereal falling off in the result of the year's business. It is duemainly to the fact that durot; the last six months of the yearnearly the whole bnadgautte freight equipment heretoforeleased to the receiver of the Atlantic At (ireat Western Rnilroadhas been returned to aa, involvings not only a heavy outlay forrepairs, but also an average los?i of at least two months' rental onthe entire number of cars while undergoing re-construction.Your company was originally created and controlled by and fortba benetit of the Atlantic & (Jreat Western Uailroad Companyand its promoters, who, after incurring a debt to us of over £200,-000—which they have since eought to repudiate—left us in possession of a vast amount of depreciated broad-gauge rollingBlock, which could not be used except on their line, and a largenamber of engines, for which no market could bo found any-where We still have a long litigation to prosecute for therecovery of the enormous sums due us. This litigation is, ofcourse, attended with expense and much labor; but I am san-guine of success in recoverin ; ultimately the whole amount due.Whatever is recovered can be promptly re-inveated in newfreight equipment, which, at present cost, even at the reducedrates of rental, can readily earn a net income of 10 per cent. Butif no portion should ever be recovered, our capacity to earn pres-ent dividends with the equipment now in eervice remains unim-paired.
At the close ot the year the company's ^loUing stock was asfollows :
Ineervice.
Locomotiree HPatBenKer cara 3JCombination cars iBaggagecara 13Boxcars S,00rStoekears 403Oondolacara tfURefrigerator cars 186OU-tankcar« . 99Damp coal care 25Plat cars IIBEoglisb coal car*
The balance sheet is as toUows :
ASSETS.Constmction—Tota' cost o( stock. $i,011,014Current balances dne from lessees 158,473Saadry debtors 2,560Cash and cnsh asjiet? .. 4-27,081Chicago works and mitcrials
, 805|35IUrbana bnildinijsand tracks ond materials i)7,i7SOOce furniture and fixtures s;J850Bospendud accuanta 1,315,114
Total ass«ts $7,1!7,851
UABn-ITIES.Capital ace nnt, total share l»«ne .. $$ 000,030Reserve accouat tn DfC. 31, 1877 48','i88
.-Total Dec.31^Idle. 1878. 1871
48 101 101211 ei KS2 4 4
8 21 23105 i,113 a,03587 489 «01144 907 1,0162 l.<i8 1.3(1
81 130 l«l... sa 3!S
9 m 1*5M 28 26
Dividends nocalled forSundry creditor?, due (•)r cu.'rent suppUos, pay-rolls, etcInauraLCc fundReserve in suspenselucomi; account, applicable t<< dividend and reserve*
S.458
83,615J2,B19
1,215.441' 3l&,6i6
To:al iiabllities $7,117,851
• Bz lusire ot Dividend No. 10, already paid.
INCOal ACOOUMT,£eceip(t.
R«nlal $3«,AaOMileage !SS,fl68Interest .. 11,814Balance of profit on work done for others at Cblcato works 1 ,8o3— }6 14,427
C/utrge$ Again.it Income.Repairs of tolling stock not paid by lessees ... (93,671Repairs bulldloss and tracks 610Narrow ganging .'
],4ggFreight account .
,
5 82iLegal expen-cs ,.. \\\\ HJsiaTaxes I not paid by lessees and on Chicago & Urbana j 11,994Insurance f properties \ 10.228Qeaeral expenses '19,808Storage '.'..'.'.'.'.'.'.'...'.'. 913Loss by nncollec^ibleacconuts (1,397I«a< by depreciation on farnltnre 328— 1,726— 220,300
Balance, net income. (313 I12ii
Of which dividend of Be. per share, paid Sept. 1, absorlied.. ..!'... 93^000
Leaving balance available at end of IRT8 MI5.6JBThe diTldeud of lOa per share recommeaded for March 1 will»*)«orb ]2J,316
Leaving to be added to permanent reserve . (93,'2;ii
Gross and net earnings since 1875 compare as follows:.,J«*r- Gross enroings. Expenses. Net earnings.
JL^ (4S7.107 (133,529 (I63.B77
JSE 672,943 142.6«1 4.30,261
•SS 58d,3e9 J2-,880 S8;,S»9'"S B8»,127 9*0,600 818,«2tt
aBNCRAL INVESTMENT NEWS.Anthracite Coal Tonnogre—1878.—The fall retarns are re-
ported as follows :
Allotmentfor 1878.
. 5,151,500, S,555,r03
. 2,311,900. t.2).'J.O0O
. 2.210,40}
. 1,371,5001,056,800
Totals 18,000,000
PerceaUgeToUl pro- of actoal
Philadelphia & ReadingLehigh ValleyCentral Rallnisdof New Jersey. ...
Delaware Larkiwaona A Western.Delaware A nndton CanalPennsylvania Railroad.Pennsylvania Coal Company
dncilon.5.I01,(H4 II
«,.3M.7170Jl.iOS.WU'OS2,180.672' ItS,0IS,040'131,W2,873-189:6.441'15
prod set,»-4»11-641
18'Om12 U»-irais7'87S6-S!0
17,306,910 09 ICO-OOeTons.
Total tonnage for 187fI, as above 17,>,0t,t<10WAdd shipments to foreign points and Pacific ccnat of the UnitedStates 2(>,2ig-0>
Add coal mined by Erie Railway interest 278,132-07
Grand total prodocllon for 1878COHFABATIVB SBimSMTB 1877 AKD
1873.
Philadelphia & Reading 6,101,04l':il.ehlgh Valley 8,.«8.7I702Coniral of New Jersey 2,263,80i)03
Delaware Lackawanna A Western. 2,180,67212Delaware £ Hudson O'anal 2,045,04013Peunsylvanls Railroad l,36-2,6';3!3
Pennvylvania Coal Company 956,491-15
17,<t09,2<(l-18
D 1878.
187:. Oiffrenee.e,842,105 -1,741.060-0»4,511,381 -1,1I2,«18-182,837.600 — 674,199-172,089.523 + 91.119121,918.817 + lJ6,4a3131,53 ,694 — 1«7.9«)071,118,011 - 162,549-OJ
ToUIs 17,306,910-09 20,817,681 —3,.M0,i70-lt
The allotment for November and December, 1878, wa»4,223.989 tens, to make a total of 18,000,000. There was pro-duced in November, 2,114,949 tons ; and in December, 1,415,9S0'tons, thus leaving a deBciency amoanting to 693,089 tons, which,was participated in by each and every interest, in the following^,
amounts :
Tons.Philadelphia & Readio? Railroid .'1,4)6 091'
I.chli;li Valley Riilroad r6,<8i-lSCentral Railroad of New Jersey 59.559'ITDelaware Lackawanna A Western Xli^Wlix^Delaware & Hatifon Canal Company 20t,'<5907Pennsylvania Railroad 9,816-07I enneylvania Coal Company 100,)3S-05
Boston City Four Per Cent Loan.—The |1,000,000 new 4per cent loan of the City of Boston has been taken by a Syndicateformed by Charies A. Sweet & <^o. and George W. Ballou & Co.The loan is for improved sewerage and has twenty years to rao,from January, 1879.
Cattle Shipments to Liverpool.—The following shows theimportatiooB of live stock into Liverpool from the United Stitesand Canada in the years 1877 and 1878 :
Oxen. Sheep. Swlo*CanadainlSTS 9,365 27,439 20rUnited Slates In 1876 42,908 2S,14d 14,214
To-al, 1S78 65,613Total, lS7r 10,917
55.5847.992
14,7217»
Increase, 1818 41,628 4r,t9i 14,001
The Canadian authorities claim that the shipments from theUnited States include large numbers of Canadian cattle passed iatransit through the United States.
Central of Iowa.—The following is returned for 1878
:
Increase (23,016
Operating expenses. 1817 433,41SOperating expenses, 1673 429,634
Decrease (3,779
Cincinnati Sandasky & Cleveland.—A statement in theBoston Advertiser, apparently madi by one who takes the mostfavorable view of this company's affairs, is as follows : Theconversion of the second mortgage bonds is goine- on steadily,about fSOO,000 having been exchanged out of a total of $1,070,-000. It is claimed that the present price, 43 to 4.5, is to:i low,considering the brightening prospects of the road, which is
now earning more tiian enough for the required payments ofinterest and sinking fuu i, viz.: •
$7.1",0<IOflrBt mortta>re6s (I6,C00t3;0,00 1 Sandusky City 78 «,60)8118,851 pri-ferred st^ck, 6 percent SViSlColumbus & Springfleid lea^e 40,0003cri", 7 percent 15,762Sinkngfund lOOOO
SKO^MAdd Interest on 2d mort, the payment on which begins Jona 1, 1830. . 7t>,< 00
(230,9^3
The net Income in 1878 was (180.000Add for altering gauge of track 6,800'
Add fur altering rolling stock, which are expenses not to he againincurred 10,r0O
G.iins In six months' earnings, to Jan. 1 20,000Probable gain in remaining six montha 25000
^ fUl.SOO
—which is more than sufficient to pay interest, dividenl onpreferred stock, and the required amount for the ^iDkiag fund.
The estimited gain for the current six months, beginning ia
January, is grounded upon the gain of the last six months andan actual gain in the freight earnings of first three weeks in
January of $3,200.
Colnmbns Chie. & Indiana Central—Pennsylvania Rail-road.—In the suit of A. C. Brown, a holder of C. C. & 1. C. bonda„against the Pennsylvania Railroad, as guarantor, argnment wasmade last week on the appeal to the General Term of the N. Y.
146 THE CHRONK^LK [Vol. XXVIII.
Suoreme Court, and decision reeerved. At the special term the
ease was arifued before Judjre Donohue in 1877 and his decision
was Riven in favor of the Pennsylvania Uailroad. Commonts
were made at some length on the decision of Judge Donohue, in
the Chroniclk of Nov. 24, 1877, page 495.
Elizabeth City (N. J.) Finances—Default was made in pay-
ment of the coupons on city bonds due Feb. 1. It is stated that
the current expenses of the city, in the matter of salaries of its
employes, for the past four months, amounting to about $60,000,
have not been paid, and in addition there is an indebtedness of
1150,000 for temporary loans made by the Comptroller.
The cause of the present condition of the city's finances was
BUrted in the spirit of speculation and desire for local improve-
ments which prevailed there in 1869-1873. Under the charter ot
1863 the city was authorized to loan its credit for improvements,
levying assessments by the lineal foot to re-imburfe itself. In
1875 the Court of Errors and Appeals decided that the assess-
ments should be made according to the "present" benefit
derived by tbe property owners from the improvements. The
lesolt was that the city was burdened with a debt of about
$3,000,000, as many of the pavements and other improvements
had greatly deteriorated. A writer in the Evening Post says :
"Und-r tlie heart of 'General City Debt,' the large i'em f.f $',R7f.,00O
•CoiifOlirtateillmproTtment Bonis' arises in this way: The ' Improvement
Debt,' nnder which th b liability was origlnnlly cnntiacted, is to be paid by
receipts from improvements, while the 'General Debt' is to be paid out of
the ceneral laxation; thtfrt was so luach dispute about assessments, etc..
that the city overturned and is overturning quantities of assessments, traus-
ferilng tlicir amoonts to the general debt; much has already be>n sotrare-
ferreo more will be, and It increases the amount necessary to he raised by
seneral uxation lor interest from $6S.OOO in l«r to $il6,ni in 1879. Twi>
Tears ago a sinlcing fund was esiabiifhed looking toward the liquidalion of
thla account. As yet it amounts onlv lo SI.36,0C0, hut it is a nucleus which is
a cause of amazing fatisfadiou to the citizens. Of th"! floating debt $705,000
jsaald to he secored by collaterals of c ly bonds to the value of $867,000; and
there are nlso $68,0J0 of authorized bonds not jet issued."
The total amount of the city debt on Jan. 1, 1879, according to
the statement of the Comptroller, as submitted to the CommonCouncil, was |5,833,865, divided as follows :
IMPBOVeMENT DEBT.City improvement bonds $297,500
ConBolidatei improvement bo ds fa reissue to redeema part of the preceding.) 98ii,000
Interes'l accraed on bonds 21532Temporal v loans 742,103
Interest accrued on leans 1«,850—$2,059,445
TAX-ABBEABS DEBT.Tax arrearage bonds $344,''00
Interest accrued on same 2,846— 846,846
OENEBAL CITY DEBT.Ctonsolidated improvement bonds $1,575,000Funded assessment bonds 11-',000
Funded de it bonds 755,000Schuolbou-e bonds SO.CODMar. et-house bonds Kti.OOO
Almfliou-e bonds 6,"fOInterest sccrued on bonds 41,858Temporary loans 176,685
ment of sales of land by his department and amount realized to
January 1, 1879:
Sales. Acres.
To January 1, 1870 82,819
Year 1870 S'J.SSS
Year 1811 113.146
Year 1872 19 989
Year 1873 7,108
Yearl874 f,2l4
Year •.87b 7,4:i0
Year 1876 7,533
Ye«rl877 ... t,608
YearlSrS Si.9«l
Per acre.
$6 858 118 8710 089 15
10 8911 3910 1!
11 8813 68
Amount.$ll^7,al8
340.8809!R,176
801,48667,79789.5028l,fi35
76,81093,931135,805
Interest accrued on loans.»tate and C'>unty taxesContractsAwards of street openings
. .
,
Interest a<-crued on awards.Unpjid bills .
53034.181
66118,421
8,934,000- 3,617,573
Grand total city debt... $5,853,865
To meet the above, the assets were as follows :
TO H BT IMPBOTEMENT DEBT.Aasessmcnls $1,382,809Interest accrued 176,000Cash on band 772—$2,069,531
TO PAT TAX-ARBKABAQB BONDS.Unpaid laxes, 1863 to 1875 (estimated) $180,000Interest accrued on same
, 75.000Cily bonds (sluicing fund) 54^500Interest accrued on same '. '54-2
Cashonhand .". 1,433— 251,476TO APPLY ON aXNEBAL CITY DEBT.
Unpaid taxes, 1876 to 1878 $399,857lutere-t accrued 2*)
Citybonds J Sinking I '..!!'!!' 76,000Interest accrued I Fund, f 1 lOTCaahonhaud ',
3|«i8— 508,763
Grand tottl nominal money assets $2,8i9,776
The years in which the city bonds become due, and theamounts payable, are as follows :
Due in 197a $176,.'>(I0 IDuein 1S98. 830 000Dueiu !f80...- ah8,0 1 One in 1893 "" WoooDuein'881 f.9.000
; Due in 18i5 "1 ue'uOO
Duein:88J 831.000 i Due in 1896 '798'oO0Diielnl883 42,000 I Due in 1897
"oSs'i'OO
B«eloI885 sno.OOU Due in 1907 27'000Dnelnl886 541,000
1
'
The city of Eiizibeth has a present population of 28 000, andUs taxable property, in round numbers, is |14,400,000. The rateof taxaiion for 1879 is fS 56 ; lo 1873 it was $2 50.The Pott says of the valuations and assessments :
,1' T*« """L"'';*"™ 1' ""' property p'cdsed to pay the city debt is con-aid -red by good jud,ie8 to be $28.0(0.1 00 at the lowe« estimate. In 1-76 how-ever, the t»x valuation was placed at only $16,450,805. and was last vear
52'."if^h'^"' »H. "plwithstandlne assessors 'arc .eiuired tomakeoa hthat they have assessed -al a full and fair value" Fifty per centum of theactual value wonM bs a ve.y liberal estimate of the present rale of ""nationTherefore ihe pro^nl hx rate of SM w uld not be more if propertv wasasseswid on the same l>asis as in Newark and some other t tie™ FrauThowever, have been ducovcred In the assessing, and are now being brourttto public .UcuU.^. proving thai many of the mU valuaWe parts of itecUhave bei-n assessed at a ridiculously low figure. The-e frandufent assessmentsare s dd to have been corrected in ihe tax levy of 1679""'""looaessmeuis
'•Theastcssedvaluaii.inof the city for this year will be $16,600,000 TheIncrease of $2,0(0,00.1 will not fall on the private properly of the cl rWh-reon Ihe contrary, many reduc-lons will be made. The Singer MannfcturineComiiany have con.enledto have 'heir works as-essed at lUXXi.lOD lns"ad of
S^i";,'">;""',« »'0«aiO, or one third of the entire increase and after the
i^ZV, J"'"]''^^?^^assessed are properly valued, any remainder will beadded lu ihc valu itlon of Ike buslanss part of BMzibe h."
Flint & Pere Marquette.—The Hon. William L. Weber landcommissioner of this company, furnishes the following state-
894,698 $8 47 $2,496,851
Galveston Honstou & Henderson.—The following fiijures are
from the reports presented at the recent annual meetinpr for the
year ending December 31, 1678. The passengers and freight
carried were as follows :
1878. 1877.
Passengers carried 55,055 68,198
T0..8 freight carried 174,300 16J,341
The earnings were as follows :
I8T8. 1877.
Gross earnings $1!I5.439 $4'4,8n4
Expenses 310,844 876,684
Ketearninga $184,595 $178,683
The net earnings were all applied to payment of interest andto improvement of the road.
Indianapolis Bloomington & Western.—The Westernextension of this railway, from Champaign to Decatur andHavana, III., was sold at Springfield, on February G. in pursuanceof a decree of the United States Circuit Court. The road waspurchased on behalf of Sumner R. Stone and others, of the bond-holders' committee, by Hon. John M. Butler, of Indianapolis, thesolicitor and counsel of the committee. Mr, Butler's offer of
$165,000 was the only bid.
—An appeal to the Supreme Court of the United States hasbeen taken in the casi of the confirmation ot the pale of theIndianapolis Bloominglon & Western Railway. The appeal is
by James Turner and the party he represents. The appeal bondis signed by General Daniel Butterfield, of New York City.
Memphis City.—The two Commissioners appointed by theGovernor were sworn in Feb. 1, and have assumed control of
aSairs. In the meantime the United States Courts issued gar-
nishments in favor of creditors, amounting to nearly $1,000 000,
and everything available belonging to the city has been attached.
Argument on the bill filed in the United States Court, prayingfor tbe appointment of a receiver, was heard early this week.
Missouri Kansas & Texas.—In the suit of Russell Sage andN. A. Cowiirey, trustees, again.st the Union Trust Company andthe Missouri Kansas & Texas Railway Company, which was tried
a short time ago before Judge Speir, in the Special Term of the
Superior Court, a decision was rendered last week in favor of thedefendants.
Missouri River Fort Scott & Gulf.—A special master in
Chancery sold, at Topeka, Kan., Feb. 4, the Kansas <Mty & SantaFe Uailroad, and the Missouri River Fort Scott & Gulf Railroad,
under decrees of foreclo3ure. The former was bid in for $120,-
000, by Georee H. Nettleton, and tbe latter for 1 1,930,000, byWallace Pratt, both purchases being made for the bondholdersof the respeciive roads.
New Jersey Southern.-This road, it is announced, aq niin
sold February 28, under a decree of the Court of Chancery of
New Jersey. Tbe sale will include the main line from SandyHook, N. J., to Atsion, 705 miles; the Southern Division, fromWhiting Junction to Bay Side, 47-5 miles ; the Tom.s RiverBranch, 205 miles ; the Atc.i Branch, 9 miles, and the Port Mon-mouth Branch, 9'5 miles, 157 miles of road in all, with all theequipment, etc., and a steamboat in use between Sandy Hojk andNew York. The main line from Sandy Hook to Long Branch is
claimed by the Long Branch & Sea Shore Company. If thepending negolialions with the Cintral Railroad of New Jersey
are completed, it is posible that the sale may not take place.
Nortliern PaclHc.—The Northern Pacific land sales for theyear ending Dec. 31, 1878, were:
Acres. Amount.Minnesota lands 6},893-3l *864,9iK) 83Dakoialands 718,86t>-50 3,8i8,021 55
Total 776,759-84 $3,606,988 38
From the United States land offices that are located along theroad, we find the following report of sales :
Dulnth office, Minnesota 11.0S7-8ISt. ClouG office, Minn 1»,7»500Detroit office. Minn 418,087 02Fergus Palls office. Minn S'l, 71115Fargo, Dakota 784,7:900
Total number of acres 1,t84.459-98
As these government lands are only open to entry under thepre-emption, homestead and tree culture acts, requiring actual
occupancy, these figures give an idea ot the tide of immigration.
Ohio & Mississippi.—Judge Drummond,of the United StatesCircuit Court, overruled the motion, in January, to rescind aninjunction restraining the National Trust Company, of New York,from selling $400,000 of bonds of the Springfield branch of theroad, held as collateral to secure a loan of $100,000. A motionto consolidate the cases of Williaui King sgainst tbe Ohio & Mis-sissippi Railroad Company and Allen Campbell et al.. and ofAllen Campbell vs. the same company and William King et al.,
I
was sustained. The two plaintiffs represent two classea of bond-holders, and sue for a foreclosure of mortgage.
FBiinoART 8, 1879.] THE CHRONICLE. 1473
reniiMvlvanla Stato llonUs.—A diapatcli from H<rrl»i.ur«
B»y» :" lu tlio annuni report of the Coaimi»sloner« of tlia Sink-
ioK Fuml tlit-y nay in r«(farj to the overisBue of the bond* of
1853: ' riiH Siatti TrcaKurtfr li»« redeemed uf the loan of April
10, 180!t, $230,000 coupon bondu In full for the amount ehown by
the booka to be outatamlinft and unredeemed. Tbii loan of
April 19, 1853, was numbered from 5,001 upward, and by the
records of th» departm-nt it in found ihit the bonds have been
redeemed of said loan varying in their numbers from 5,001 to
S,S00, inclusive. Thii" would Hfem to indicate that the whole
800 bonds were issued, and this is emphasized by the fact that
20 bonds in excess of the amount, as shown upon the books of
the department as isiiu-d.have been presented lor payment, and
that 53 bonds above the number 5,328 have been redeemed, show-
ing conclusively that they were issued. A joint re.soiution to
appoint a committee to investij^atB this overissue of the bonds
will be prtSHQled soon to the Iieglslature. The committee will
also suttle the question as to whether innocent holders of the
bonds shall be indemnified. The loan of April 19, 1S53, con-
slated, as nuthorizid, of 500 $1,000 bonds, numbered from 5,001
upward. Of these 838 were issued, as shown by the books.
When the loan, however, wig called in, the number of bondspresented was 20 in excess of the number supposed to have bwen
issued, and the numbers of the bonds presented for redemptionindicate that the whole $500,000 authorized was issued. Whilethe UiKliest number of the bonds pres'snted for redemptionshould not have been over 5,333, the highest one presented was6,887.
Petrolcnm Statistics.—The Oil Ci»y Derrick furnishes the
following relating to petroleum :
Wells drilled in Pennsrlvanla oil fields during 13iT 8.951Wolls drilled in 187S 2,98J
A ruJnctlon In 13T8 of. 965
Total namber of drj holes, IS7> 65"
Dry holes in l»7i 38;
A redaction in 1878 of 330
Total wells drilling; in Pena^y'vaala oil flela Decembers), 1S77..., 423Wells drilling December 31, 1818 841
Adecreaseot I8J
Total t\gs ap and hailding in PenDsylvanla oil field December 31, 1817.. 3-33
Rigs DP and buildlus December 31, 1878 245
Adecrcascof 78
Barrels.Averaj;e daily prodiic'.lon, as shown by the pipe-lino rans fur 1877 . 35,000AversKe daily prudaction for 18^8 41,V49Average daily shlpmeats from the regions, as shown by the pipe-lino reports, in Is7r 31,163
D«ll. shIpmenUlD 18:8 37,B71Total eiocli in the custody of the different pipe-line canpanlesDecembirr 31. 18T7 *,957.n9S
Stock December 31, 1918 4.3ii7 5!40
Total saies and re-»ales at the Oil City Oil Exchange in 1873 91,7)0.0;
Daily arersKe a little more than 3CO,000
Average price of united certificates at the Oil City Exchange in 1878 $1 I'HTotal value at averuee price 107,711,500Dally average business 35:i,4a5
Brokomge. at t-i 25 637,7iiJ
Highest price of the ye»r, Pchruary 4, 1878 . 1 87JVLowest price of the year, September 37, 18r8 7S^The following is a comparative statement of the shipments of
oil by the pipe-lines—official—during each month in the years1875, 1876, 1877 and 1878:
1875.
January 441,719February 861,001March 714.J06April 7<«,4UMay 63S.«71Jane 691,910July 888.303AuRUst 8S1,9J1September 1,108.199October 81*6,711
Noremb r 645.388December 855,536
To'al 8,330,896 9,653.919 12,169,6:4 18,:50.0iO
Plttsbnrg & Lake Erie.—This railroad has been turned overby the cintractors to the company, and the road will be open forfreight traffic on Februiry 10. The new road extends fromPittsburg to Toungslown, and has steel rails and iron bridgesthroughout. The road connects at Youngstown with the LakeShore and the A'laniic & Great Western Railways.
St. Louis & (toutheastern, Tennessee Division.—This roadwill be sold in Nashville, Tenn., April 9, by Special Commis-sloner W. B. Reeie, ander a decree of foreclosure. The road,originally the Edgefield & Kentucky, includes 33 m'les of track,from Edgefield Junction to the Kentucky line, and a half-interestin nine miles, from B icefield Junction to Nashville, used jointlywith the Louihvilie & Nashville.
Sutro Tunnel.—A S.in Francisco dispatch of Feb. 4 states thatthe contest between Sutro and the mining companies is at last
irtually settled. An understanding was reac^ied last eveningon all general points, thougli some details of the agreement yetremain unsettled. Both Bides say, however, that a compromisemay be considered effected. The terms have not been madeknown officially, though it is reported on good authority that aroyal'y ot $2 a ton on all ore hoisted worih $50 or more a tonwill be paid to the Tunnel Company, and a less amount on ore ofinferior grade. The result has had a strengthening effect onmost of the North-end stocks to-day.
Union Pad Ho.—Exception has been taken to statements print-
ed in the N. Y. Tima concernine the condition of the UnionPacific Railroad Company and Mr. Jay Qould's relation to thatcorporation. In view of the interest which has been exhibited in
the affairs of the Union Pacific Company, its president has
1876. 1877. 1878.65'),J87 746,530 718.435601,996 4I6,J« 183.911SM.sa! 912,603 111.9695rJ.193 84%3l5 697,1215'6,997 i.sa.ois 9'i6,883
850,236 l,i9\«57 1.116.573l,l-a..38 1 08^.8^4 l,-'f4i,892
1,1 8,«) 1,109.9 8 1,689..319
1,07-,87J 1,577 3M) 1.45i,921SOS.MOI l,I91.2'i3 1,759,230835.176 ,,189,492 l.i73,«21
1,110,511 563,162 1,016,580
furnished for pablicatlon the following statement of its traosae--tions lor the year ending Jane 8), 1878 :
iNooHt Accotjirr, tbar BMOiiia tvn 10, 1871.
Rtcetpl:I
I0xp4H^m.Psssenger earnings $I,9M 774 I C >nitnctlnz trinspurtatlonOov'i passenger earnings.. S>S,4tt|"Mall earnings &98,Y7s|Kxpress esruiDi{s 474 70 'I
Prolght earnlnirs 6,8'«,'») I
Govern a't freight earnings Ml,90*Company's Irclghl earnings SI ',7 5Miscall ineoui oirnlnics.... 834,917Kntof hullillni{s iH.iMBridge oarulngs 5l9.2i6
Total $li.758.86l|
Motivtj power.M tlntenartce of csrsMil .tenance of wayGeneral expensesOrdinary brl'^ga exp«n«es.KxiraorUlnary br clge ex-
pi nao* for ruplacinx twospins blown sway by tor-nado
Car service
l,«<l,«4t4II.S70
1,7I7M(
61.MS«,4S«
Total. t5,80),T5t
t6.946,t0tNet receipts .
Deduct interest
—
First morticago bauds $1,631,90Premium on gold
.
&",i86
I and grant buuda BII.OJSinking fund bonds 1,I»,83J
Total interest $8.8a.9«7Less interest rcciiived on investments Ii:,:i2
Total Interest paid $3,218,061
Onp-half transpirtailon rctalnci by Oovernment »l60i«BsUmaCud 5 per cent due Qj\rcrameut on uarniugs. 341, )30— 4.181.481
Surpiuo eaminxs (equal to 1'52 par cent on capital stock) $2,765,149B>)uds pun based aud cauceled—
Land gra t bouils $179000Slukini; fund bonds 14i,'00
Bridge bonds 6S.00)
Tolalforyear '. $180,0^0Canceled June 30, 1818, to Dec. 31, 1878—Lind grant bonds 311,600
Totol $991,000
STATBICINT or THE LAHD DSPABTMSMT, JAN. 1, 1879.Acres. Amount.
SalcstoDec. 81. 1S7I 1,118.(19 $5,711.1«Sales for year 1873 813,903 1,557,082
Total to date 1,637,183
Interest received on contracts$7,274,207
59i,750
Tolalamount $7,866,957
Whole Issue of land grant tonds $10,400,000Purchased aud canceled 3.5111,000
Onls'anding , $6,:64,0:;0
Contracts on hand applied as fast as collected to can-cellation of bonds $!,814,S14
Cash on h:iud be onsing to Trust 370,000- 4,18t,iU
Amount to be provided for 12,699,188
Yirgiuia Slate Debt.--Ia Richmond, Va., Feb. 1, at the meet-ing of the conference on the debt question, Mr. Hugh McCulIoch,representing the Associa ion ot the United States of America,and J. H. Carrington, reoresenting the Council of Foreignbondholders, of London, submitted a bill aulborizinfr the creation
of registered and coupon bonds, dated January 1, 1879, payablein forty years, and bearing interest at three per cent for fiv»
years, four per cent for twenty live years, and five per cent for
ten years ; coupons on said bonds and certificates of interest to
be receivable for taxes and other debts due the S;ate ; all daeand anpaid iot rest to ba funded at the rate of fifty cents on thedollar; indebtedness to be funded at the rate of two coupons to
one ' peeler." S. Q. Ward, who represents Baring Brothers lathe interest ol the sterling bondholders, did not join in the fore-
going propositions.
Wasliington City Yirgina Midland & Great Sonthern.
—
At a meeting of bondholders in Richmond, Va, January 23, it
was resolved by the various classes of bondholders that I heyshould join in securing a foreclosure of the mort;;ages. Theyalso agreed to pay asses.sments of $3 per $1,000 on Orange & Alex-andria second morte^age bonds, $3 on third mortgage, $4 onfourth mortgage, $3 on Orange Alexandria & Manassas first
mortgage and $5 on second mortgage bonds, the committee to
have power to double the assessment, if necessary. A committeefor purcUasinsr and re ornanizalion was anpoinled as follows :
Messrs. Peter V. Daniel, Jr., atd John L. Bacon, of Richmond,Va.; Richard F. Merrick, of Washington, and Djnglas H. Gor-don, of Baltimore.
Western Maryland Railroad.—The Finance Commissionersof Baltimore decided to recommend to the City Council theacceptance of th^ joint proposition of the Finance Committee ofthe Western Maryland Railroad and the committee of secondpreferred morlgiga bondholders, which binds ihe ci'y "not to
demand or receive from the railroad company any interest whichm»y have accrued on the coupons of the first mortgage andsecond preferred mortgage bonds held by the city heretofore
matured, or which may mature up to the time that the paymentof interest under the funding provided for shall begin. (July 1,
1831,) until after the payment of all of said bands and couponsnot held by the city." The Baltimore Sun, comments thus : "Theinterpretation put upon 'his proposition by the Fioiince Commis-sioners is that the city shall not demand the payment of interest
upon matured interest coupons, that i'", intere.-<t upon interest, orcompound interest, tlie payment of which, it is stated, the Courtof Appeals has decided in the cise of the Chesapeake & OhioCanal Company cannot be demanded. The closing paragraph ofthe proposition, which says, ' until after the payment of all of
said bonds or coupons not held by the city,' is taken as meaning' for an indefinite period,' as it is not considered that the finances
of the company will allow the payment or redemption of thebonds and coupons held by individuals for some time to come, if
ever. The commissioners claim that'thecity will be benefitted
by the acceptance ot the proposition, on the grouod that whilethe city now receives no payment of iotaresi from the cimpany.
148 THE CHRUMCLE. [Vol. XXV IIU
it wiU beginning Jannsrj 1, 1S80. receive interest on its second
preferred mortgage bonds (f173,500), and will from July 1, 1881,
receive interest on tlie coupons which the city has paid by its
iadorsement of the first mortgage bonds and on the matured
coupons of the second preferred mortgage bonds, which are to be
funded at per cent.
Western Union Railroad.—Payment of the interest on the
fiist mortgage seven per cent bonds of the Western Union Rail-
road Company, due Feb. 1. was refused at the office of the
Farmers' Loan & Trust Company. This road is about twohundred and twelve miles long, running from Racine, Wis., to
Rock Island Junction, 111. The funded debt of the road amounts
to f3,500,000, and among the heaviest holders of these bonds is
the City of Glasgow Bank. The liquidators of that b.ink have at
present in this city a representative, Mr. Q. A. Thomson, whocame here for the purpose of disposing of their bonds. Mr.Thomson said he was satisfied that the road was well able to payfrom last year's earnings. A member of the banking firm of J. S.
Kennedy & Co., also large holders of the bonds, expressed his
indignation at the non-payment of interest and said that Mr. Thom-son and his firm had protested the coupons and intended to force
^™.™^^^^^ EPITOME.
Friday Night, February 7.
Satisfactory progress continues to be made in the revival of
business, and spring trade is already on a liberal scale. Accountsfrom various quarters report that manufacturers are increasing
their operations, and works long suspended are starting up. Thegreatest confidence is felt in the administration of the finances of
the country, while determined efforts are being made on all sides
to curtail public expenses, and thus reduce the burdens of taxa-tion—an important aid to the restoration of commercial pros-
perity.
The following is a statement of the stocks of leading articles
of domestic and foreign merchandise at dates given :
Beef tCB. and bbls.Pork bbls.
Lard tea.
payment by the railroad. He expressed the opinion that this was a i Totiacco, foreign baleo.
trick of the Chicago & St. Paul Railroad people to force parties to
sell their bonds at a sacrifice. The World money article had the
following in regard to this default
:
It is eatlefactorj to know that the bonds thcmselYce, by tke terms of themortgage, become dne if the ioterest retnaine anpaid for eixtj days, so thatthe liquidators of the City of Glasgow BsLUk, holding nearly tix-stiveuths ofHie bonds, will have an early opportunity of enforcing their claim? upun the
fropertj. The stock of the Western Union road ia t4,000.0Du in amount.'he Milwaukee & St. Paul road owns half of this, plus ten shares, or $3,001,-
•00, and reports it as bavine co^t $1,500,750, or 75 per cent of its par value."The City of Glasgow Bank kolos $l,9S0,7iO, leaving the trifling amount I't
S8,340 of the stock nnaccounted for. The St. Paul managers, we areformed by Mr. G. A. Thomson, agent for the liqaidatsrs of the broken bank,
aiadeabidfor the bank's bonds, considerably below the market, and condi-tioned upon the shares being thrown in as worthless. The proress offoreclosure will give the managers of the St. Paul company the option ofpaying interest on the bonds, or seeing their own Western Union sharesWiped out.
ft Is, of courje. perfectly understood that the St. Paul road is not theXuiractor of the Western Union Railroad's bonds. But the St. Pau' directorsare the directors <if the Western Union, and, if they cheose to apply to freshnpital ezpendii nres the net earnings which thould pay the interi-et oo theWMMm Onion's bond!*, they must take the risk of seeing the line foreclosedanl passirg under other control, which will leave them, moreover, withnothing to show for their million and a half Invested in the Western Unionroad's shares.Mr. Thomson has procured from the auditor of the company its bilance-
•heet for Dec 31. 18*8, and a sutement of its earnings and expenses for theyear ending with that date. With the help of these documents we haveprepared comparative statements of condition for two years and of businessfor three years. The interest on bonds being $2i5,00O, it will be seen that the•nrplns of iSni was equal to a 2 per cent dividend on the stock and that of187B to over m per cent. The road is doubtless worth foreclosure.
.J^^ fo'lowing is a comparative and condensed eta-cment of the position ofthe Western Union Railroad at the close of 1877 and 1818 :
WESTERN UNIOH BA1I.R0AD.
LiabUlHef.
„. ,.Dec. 31. '77.
8»0«k $4,0 0,000BoBda 3,600.000Current llabllitiea a87,B88locome account 858,633
Dec. 31, '76.
$4,000,' 003,50 ',OiO
233,885415,4h6
Changes.
Dec.inc.
4P,403
59,8 i3
Totals $8,143,261
Oonitmction & Eqaipment $8,0i9.44Slj»^1al« 67.531Cash & cnrrent amounts due 16,284
Totals $8,143,261
$\i53,:ii
$3,r8-M6349,2742J,«4
$8,151,711
Ilc. $10,430
Inc.DecInc.
$12,7:78,2^75,990
«idS?gDccemb°M3?:"""" '"^ *""'"" "' "x^'road'fVr the three year!
QroM earnings $1,047,916SKptottt 799.869
1677.
$1,025,05869;i,«i9
$325,039
1=78
$;,c6i,7ii753,715
$807,956
ilwau-which
IMearolnga $218,54
Mr. Julius Wadsworih, vie --president of the Chicago Mikee & St. Paul railrual company, has published a letterwe condense as follows :
'
i»?!i1J?.„T,'^'".°k*''"°"' '°? ,."""='' mlerepresentation has grown ont of
.Tt2r"^i'sL^i.''t;Ki?^,roj 'Spry'^Vhr^ti.i'k' 'Sf"ni;L"c^^^^^^^^
W.pjmdenTc;,mp7n7rnd1n ^no wara";oc?a[ed'Tn hl.'accrn^l S? fl°""'^•*>• 'he Chicago Milwaukee & St. Paul Company««<»>Dts or finances
earning, of the ™adJor the _pa« few yea™ (but not bef.re) have been
wnh the Clilcago Mllwaakee & St. Paul Company
SirtTreTrntreSt™"'-''' "»" '- -" '^e "'-i%*o.Sl,?,V"sVoZ''rL^!y«
Mastv:;i.'iL'k";s ".'w'a'y! ."!'/u'>p'o^',"h'?- «?rt? oTti^^cr-' ""'s'
^^^Inatant it hecame a question of serlon. iS^i^/. Lh„,i!
"^ "=""•«"> "» the ;stagain safely be n.d2, « thS Chi^„ m, See & St"i'^,'=?o*'*"
<^'' « '"«MwllllDg to poaran'ee the whni„^S;° "I'"?" .!!-?_°t_ ' «"' Compon•Wlrailroad
'^f^nM*' ^""l," "« <''""«« MlTw.nkec &"st. Piui CoraDa'nT*'
mayhap nnanth. rised) to have nronoTcd To wiihhnM .h ''^" bon.l holder?,
tlMMIMcai*. t of a foreclotore and sale under
1879. 1879. 1878.Jan. 2. Feb. 1. Feb. 1.
4,934 4,522 4,60950,258 57,459 5!(,831
53,a24 67,110 72,78820,276 24,045 33,94336,290 88,516 17,805104.083 92,416 109,18914,800 13,738 42,00028,311 19,501 58,08621,908 11,518 25,3686,848 8,015 7,078
341,000 500,000 56,8772,63i 1,730 IS3,447 3.405 8,088
10,1100 25,000 8,fc00
191,100 16T,650 111,300103,273 150,966 141,3002«,071 30,794 52,8174,541 4,597 9,2211,330 1,714 7746,000 4,230 6,8002.480 3,500 1,850
21,865 20,600 146,1005,600 7,5002,400 3,186 1,«0
14,C00 26,7b9 6,10825,984 32,80 34,961
Tobacco, domestic hhds
.
Cofl'ee, Rio bags. 104.083Coffee, other bags.Coffee, Java, &c mats.Sugar hhds.Sugar boxes.Sugar bags, etc.
Melado hhds.Molasses, foreign hhds.Molasses, domestic bbls.Hides NoCotton bales. 103,273Rosin bbls.Spirits tnrpentine bids.Tar bbls.Rice, K. I bags.Kice, domestic bbls. and tcs.Linseed bags.Saltpetre bags.Jute bales.Jute butts bales.Manila hemo. bales.
The movement in provisions during the week has been such asto give little satisfaction to the speculation at Chicago; the mar-kets, both East and West, are burdened with superfluous supplies,and the legitimate export and consumptive demands are notsufficiently liberal to give the necessary relief; prices have beenweak and wavering, and at the close, in many instances, are little
more than nominal. To-day, however, pork was more active at
$8 7o@9 10 for old, and $10 37i@10 50 for new mess ; new mess(or April sold at $10 30, and for May at $10 45. Lard wasnaturally in full sympathy
; prime Western, on the spot, sold at
$6 80 ; March sold at $6 85 ; April at $6 9536 92i, and May at
$6 95@6 97^. Bacon closes weak at 5c. for loBg and short clearhere. Cut meats fairly active and about steady. Beef quiet.Beef hams firmer at $16cal6 50 for Western piime. Butter lessactive and rather weak, due to excessive receipts. Cheese lairlyactive and generally steady.Rio cofl'ee has been quiet but steady at llj@15jc. for ordinary
to prime cargoes, closing with a stock of 76,266 bags, but thesteamer Kron Prinz is hourly expected with 29,000 bat'S more.Mild grades have sold moderately at steady prices. Molasseshas been very quiet, both for foreign and domestic ; New Orleanshas sold at 25(337c. Rice has been fairly active and steady.Raw sugar has beenquiet, at a decline to G|@6|c. for fair togood refining, and 6|@7|c. for centrifugal. Refined has beenmoderately active at lower prices. Standard crushed, [email protected] has been moderately active for Kentucky leaf, the
sales embracing 400 hhds. for export and 350 for consumption,making a total of 750 hhds. Lugs are quoted at 2i@4Jc., andleaf, 5@12c. Seed leaf has been quiet, buyers holding oS' inanticipation of a reduction in the tax. Sales for the week areonly 563 cases, as follows : 413 cases Pennsylvania, crop of 1877,at 10@22ic. ; 50 cases New England, crop of 1877, at 124@20c.,and 100 cases sundries, 9 to 19c. There has been an active andmore general movement in Spanish tobacco, the sales embracing550 bales Havana at 85c. @$1 10, and 521 bales Yara at [email protected] I and II cuts.Ocean freight room has developed few new or interesing fea-
tures; rates have remained about sieaay, witu the offering of ton-nage sufficient for all reiuiremsnts. Late eogageraenta andcharters include: Grain to LiveroiK.l, by seam, 5fd., BOlbs.,cotton Id., provisions 35@45s.; grain, by tail, £@54d , 60 lbs., cot-ton 3-16d., flour Is. 9J.; grain to London, by steam, 7d., do., bysail, 6id., flour Is. 7id.@ls. 9d.; grain to Avonmouth, by steam,OJd., 60 lbs.; do. by steam to Rotterdam, 8id.; do. to Cork fororders, 48. 10id.@58. per qr.; do. to Bayonae, 63. 3d.; rye to Rot-terdam, 4s. lOid.; grain to Bordeaux, 4s. lOid.; do. to PenarthRoads, 48. 7id.; naphtha and refined petroleum to Exeter, 48. 6d.To-day, grain to Bristol, by steam, 7id.; do. U Hull, 7@7id.; do.to Bordeaux, 4s. 9d.; do. to Cork for orders, 58.@5s. 3d. ; refinedpetroleum to Bremen, 5s. Aid ; do. in cases, to Java, 33c.The speculative movement in naval stores, partitularlv at the
South, has continued throughout the week, though at the closethe feeling is ratherquiet, vet neverthele.-s fiim Spirits turpen-tine quoted full 30c., and common to good strained rosin $1 40®1434. In the matter of ptiroleum it jaay be said that refinershave endeavored to bolster ut> the u.arket by limiting theiiofferings; but, in view of the few export orders received andrather weakening advices from the Creek, the effi-ct has beenmaterially neutralized; refined, in barrels, quoted at the close at«ic. asked for early deliveries. Ingot copper remains steadythoiigh quiet, at 15Jc. for Lake. Graes seeda unchangel.Whiskey closed at $1 07,
Pbbruabt 8, 1870. J THE CHRONICLE. 149
O O TTON.Friday, P. M., Fobruary 7, 1879.
Tub Movbmknt of thk Crop, as indicated by our tolegrams
from tliti South toniKkt, is (flv«n bolow. For the week endiaff
this evi'ning (Voh. 7), tho total roooipts liave reached 171,008
bales, against 107.007 bales last week, 143,048 bales tho previous
week, and 118,018 bales three weeks since; niakinfc the total
reoelpLs Mince the 1st of September, 1878, 8,411,318 bales, against
3,854,879 bales for tho game period of 1877-8, showing an incroase
since Septombor 1, 1878, of 188,489 bales. The details of thereceipts for this wook (as por tolograpli) and for the correspondingweeks of four previous years are as follows:
Becdpta this w'k at
Hew Orleans
MobileCharloston
Port Itoyul, Ac.Bavannali
OalvostonIadlaaola,&o....
Tennessee, &o...
Florida. ,
Korth C'aroUna..
Norfolk
Catjr Point,Ac
1879.
71,738
16,326
12,657392
13,395
18,112
17,153
6813,012
14.056
19S
171,608
1878.
.58,359
15,852
9,288
2,146
12,30711,276
19914,040
6312.554
9,175
1,261
137,138Total this week .
Total sInceSept. 1. 3,441,343 3,254,879 3,287,204 3,184,766 2,739,233
1877.
63,880
11,892
6,678073
8,477
13,197229
13,014
5493,368
16,856
893
140,006
1876.
56,746
10,830
5,367930
9,41012,421
54411,761
3031,099
8,493
678
118,582
1875.
35,485
11,083
8,941
73118,346
11,277316
5,070
4742,392
7,957489
103,461
The exports for tho week ending this evening reach a total of
103,467 bales, of which 75.498 were to Great Britain, 8,093 to
ftance, and 10,288 to rest of the Continent, while the stocks as
made up this evening are now 803.028 bales. Below are thestocks and exports for the week, and also for the correspondingweek of last season.
WeekendingFeb. 7.
BXPOKTSD TO—Great
Britain.
V. OtVbsMobile .
.
Oharl't'n
Saran'b.
QalVt'n-j
N. YorkNorfolk-
Other* .
Tot. this
week
TotslnceSept. 1. 1227
29,569
4,728
2,000
3,925
17,348
6,281
4,680
6,967
75,498
Contl-Franoe. ngnt.
3,030
1,338
1.100
1.645
180
8,693
TotalthisWeek.
5.048,
1,305
3,810
l,27l'
1,695|
2003,008
2,929
34,617
9,963
7,648
6,296
20,638
6,661
7.688
9.396
19,266
768 276,888 .556.167 2060.823 1852,165
103,457
SameWeek1878.
46,67510,799
14,394
15,071
9,869
11,672
1,925
6.356
116,751
1879.
384,89253,213
64,254
74,15377,395
155.825
25,291
33,000
868,026
1878.
383,854
67,000
63,503
94,36677.416150,585
23,401
54.000
914,125
* The eziiorta this week ander the head of " other porta** Include, from BaUt-more. 1.751 bales to Liverpool aid 2.0^tf bales to the CoDtineat ; from Bosron,l.HOl batus to Liverpool ; from Philadelphia, l.ljSS bales to Liverpool ; from PortBojal. 2,:U4 bales to Uverpool.
In addition to above exports, our telegrams to-nigbt also giveus the following amounts of cotton on shipboard, not cleared, at
the ports named. We add also similar figures for New York,which are prepared for our special use by Messrs. Carey, Yale &Lambert. 60 Beaver street
:
FBB. 7, AT—
Mew OrleansMobileCharlMtonSavaDiialiOalveetonNew YorkOWjor ports
Total 59.452
On Shipboard, not cleared—tor
Liver- l„ ' Other Coast-
I
pool. ' ranee, j-orel^n wise.
7,7008,2836,20018,1954,07415,000
Tele2,000
4,2005,252None.None
17,337
i;i,i:ir)
17.39623,00010,189None.3,000
66,710
not re-1,300250
2,5004,529None.3,000
11,579
Total.
celved.24,12531,81435,90038,103•6,57421,000
157,573
LeavlnsStock.
29,08332,41038,25339,2;i0
149,25137,291
325,556
* Included In thi.4 aiiiuuiit tliera are 2.500 bales at Fres.wa tor torel^nporta, the dcatiuation of wbich we cannot learn.
From the foregoing statement it will be seen that, comparedwith the corresponding week of last season, there is a decreasein the exports this week of 13.394 bales, while the stocks to-night
are 46,099 bales leu than they were at this time a year ago. Thefollowing is our usual table showing the movement of cotton at
all the ports from Sept. 1 to Jan. 31, the latest mail dates:
POBIS.
BECEIIT8 BIHCIi8BPT. 1.
1878.I
1877.
N.OrlnaMobile
Obar'n'
0aVb.Oalv.*
H. Yorkj
Florida
N. Car.
Norrk'Other..
This yr. 3269,740
Laatyr..
753,283278,938
445,629
591,079441,909
90,42442.0OC
1 10,705
403,324
92,433
KXPORTBD SINCE 8BPT. 1 TO
—
OreatBritain. France, porelgn
Other
972,195303,696375,027
463,510350,237
97,28010,3.59
112,912
378,931
83.544
262,54423.35l|
115,290153,265
138,240162,32910.296
37,734
132,034
117,138
128,602
17,401
45,13420,248
42,0999,981
1,967
2,050
713
148,10916,905
119,623
160,05241,611
17,195
Total.Stock.
18,589
3,858
10.937
1I52.270'263,195 536,901 1957,366 323,300
539,255
57,660230,049!
333,565221,950189,501
12,263
53,423
136,605128.095
333,153
57,75662,04075,593
84,473150,066
7,560
27,75024,000
3117,74lll09l.029 334.807 309.578 1735.414 907.506• Oooer tbe head of ChatUtion Is Included Port itovul. «c.: anoar %ixa head of
OcUvuU'i Is incladsi Indlanola, *o.: under tbe head ot Kor/blk ii taclada* CUr
The market for cotton on the spot haa ruled ooite Qrm th«past wook. Transactions have been on • limited aoale, but stookabeing reduced somewhat by free shipments gave holder* theadvantage, causing Increased buying for specuTatlon. Still, soquotable advance took place until yesterday, when quotatiooiwere marked up llOc, to 0-lOc. for middling uplands. To-<U7the market was steady at the advance, with a fair baslnsM fo/home consumption. The speculation in futures was also rathArquiet and prices variable. The depression which prevailed atthe close of our last nas continued on Saturday, and renewed oaTuesday, under the effect of an increased movement of the crop,the receipts at New Orleans being exceptionally large, and Mem*phis, among tho interior towns, returning large figures. But oaMonday, Wednesday and Thursday, tho market being relievedfrom depressing influences of the more active character, pricesreadily advanced. Still, the advance was without much spirit,
the market lacking tho effective support of a "short Interest"to give activity to the demand. A very considerable advancehadbeen established, however, at the close of Thursday's business.Sales of the next crop were made at 9 80 for November on Mon-day. To-day, a portion of yesterday's advance was lost, th«reports from Liverpool and Manchester being discouraging."The total sales for forward delivery for the week are 273,300
bales, including — free on board. For immediate delivery thstotal sales foot up this week .5,481 bales, including 820 for export,3,534 for consumption, 1,480 for speculation and 650 in transit. Ofthe above, 109 bales were to arrive. The following tables showthe ot&cial quotations and sales for each day of the past week:
Feb. 1 toFeb. 7.
Ordln'y.**Strict OrdGood Ord8tr. (}'d OrdLow Midd'g8tr. L'w MidMiddling.Oood MidStr. G'd MidMIdd'g FairFair
Ordin'y.^BiStrict Ord.Good Ord..Str.G'dOrdLow MIdd'gStr. L'w MidMiddling...Good Mid..Str. G'd MidMIdd'g Falr'lOiSigFair llli«i
UPLANDS.Sat. nion Toes
7»881l68»,88'89l8
95,89is978
1014lOlSiB11%
7'8She8»168''8
9%2^«
10 14101B18
11%
7»881,689 18
9>8
95i8
9'8lOH101B18
11%
NEW ORLEANS.
Sat. nion Tnea
7%83,881I16
99»4
0°s1010381H18ll^s
7%83,,8ltx8
Ok
9=81010^8
11^8
7%8»,88ltl899>4
l>9»81010%lUlBll's
TEXAS.
Sat. aion. Taea
7%83(88.^8
95b101038ll'ia
7%83,68ii.
Ok9'I,«9%10103811»I8
7%8»i«81*149
0<i|
1010%11111^'
tred
7»88li88»16S'S
91a9T9
1014
Tb. Fn.71I10
8=88iBie93l693999,891*18
If-I
ll"l8
7II16
8%8593i5ie93l8938
9?,o9'5,g
10..8
111318
Wed7%83,88ilie99HO'la9=8101038ll'l«11-8
Tb.
7I3i88I4
8%9'l8
9129ilie
101,6lO'slligll'°18
Frl.
713,8Sk8%
s^8
107,8im11»18
Wei7%83,6811,899U,
SI189»8101038
It's
Tb. Frt.
I'l88H8%
s^8Oi«911,8
101,8107,6iiie111^18
Z'i«
8H
0>«9Hl«
lot,,'107,811>«
STAINED.
Good Ordinary ¥ B).
Strict Good OrdinaryIjow MiddlingMiddling
Sat.
7%8k8%Oi8
raon
7%Sk8%019
Taes
7%sk8%0%
Wed Tb7\8H8%Oie
Zi'i*85,6813,893,8
Frt.
7l»i,
9!i£,MASKBT AND BALES.
SPOT MARKETCLOSED.
Sat. . DullMon . DullTues.lDullWed. QuietTliurs Qiiiet,8l'dy,UlghrFri. -IDuU
SALES OF SPOT AND TRAHSPT.
Ex- Con- Spec- Tran _ ,
port. sump, ul't'n sit. lotai.
200] 174400 233
322584479
220 737
Total' 82012,534 1,480 C50 5,484 273.30015,300
12916535610570025
500150
1,003953678689
1,179982
Sales.
31,10045,60040,90045,70063,10046,900
DeUv-eries.
6001,1001,200700900
1,300
For forward delivery, the sales have reached during the week373,300 biles (all middling or on the basis of middling), and thofollowiag 18 a statement of the sales and prices:
For February.taiei. ' t".
100 8.n.3d.. U'42400 i)-4a
lOOs.n.Sd.. 9-48
OOOs.a.Uh. »431.500 9-43liOOP. n »-44iOOs.n.lth. I>'4«
I.IOO 9-41lOOt.ii.4 h. n43aOOs.n.Hh «'45iSOO H-45
• 100 11-48
2,800 (H9100 s.n »-47lOOsn.Stn. U-47
t 400. 0-48lOO'.n.-th. Via300a.n.6th. 9*48SOOt.i.ilh. 9-48lOOs.D.ath. «•«
l.aOO 9-48lOO'.n.Mh. 949100 9-49
100 . D. U SOSKMt.a.tlh. 9-30
3,000 9-5060O 9-51
aOOs.n.dh USJ 92,800lOOs.u.Btli. 9 51900 9M800 0*M
8.800 9-55100 s.n. lOlh 9-80
tlfOO 9-BlSOO 9Sa800 B-sa4aaB.o.Tth. V63leOr.a.ath. 9'6.<l
1.800 9W400 9-84SOOs.n.Mh. 9-85TOO »«
Bales. Cts600 HB«200 9-87
1,000 9-68400 9-69
24,100
For March.400 9-59
2,S0O 9-608.700 9-61
5.000 9-ea9.400 9*639.800 9-649.400 9-«69,200 9-668.600 9-67900 9-68
1,000 »-691.700 9-702,300 9-712.800 9-787.B0O 9-78
S.500 9-748,300 9-7S2.100 9-78
900 9-T7
' AOBOt.Feh. 3.
For April.1.300 9-778,000 9-784,100 9*7918.900 .. . ... 9-8011,900 9-81
8.900 0-sa7.900 B-834.100 984SOO 9-8B
3.500 B-874JO0 9*881,100 9-88
t Ha not. tblavcck.
,
Bales. Cti.3.000 9-907.VO0 9916.000 9-921,400 9-032.400 9-948.000 9-93
88,200
For May.1,700 9-981,100 .... 9-9S1,100 9-941,300 »-»a0,»ilO 9-965.800 ... 097S.SOO 0-912.600 9-9J1.300 10-00800 1004
1.100 10-058.700 10-066.600 10-074.S0O ao*os2.100 10-008,600 10-10
43,900
Por Jnne.200 10-06400 10-07
4.80O 10-091,700 10-101,400 10-118,800 1012800 10-13
1,100 10-14.
800 10-17800 10-18400 10*19
8,000 10*80
1,000 10*81I
GU..10**9..tO'8S.10-94
Bales.1.000..
800..
14,900
For Jnlr.100 lO-lS100 10-lS800 lO-SS100 10*81
1,400 iO-tt800
1.100SOOSOO lS-84
4,300
For AugnsL1,600 lO'S*800 u-as600 tO-M
8,400
For Septembor.800 10-OS400 10-1»100. 1040
700
For Octolxr.100. ..
100....
"saoFor NovwBMr,400....ino...
THE CHUONICLE. [Vol. XXVIIL
•18 pd. to cxch. 800 March for ^ pril.
The following wUl show the closing prices bid and asked for
fature delivery and the tone of the market, at 3 o'clock P. M.,
on each day in the past week.MIDDUNO UPI.AKDS—AMERICAy CUSSIFTCATIOS.
Sat'day
Marbetr-
FebruaryHarcli. .-
AprilMayJaneJulyAii^n^t...Beptcmb'rOctober .
.
Novemb'rTr. orders
ClrtBP'l
—
Easier.
ma. Auk9-42al39-60®619-78®7<.)9-93S9410-06®0BlOlBoilS10-26®28_®
—
— ® —_®
—
9-45Sreadr.
mond'y
Firmer.
Bid. A'k.9-51®529-6G®(>79-84ai8.'3
100O®011014S1510-24:a'2510-33®34
9-55Firm.
T'sday.
Easier.
BUI Auk.9-50S519-64®G.59-81-a)829-97® —10-tl®1210-20®2210-29S>31— ® —— ai —— ®
—
9-55Firm.
TTed.
Firmer.
Bill. A'k.9 56®579-67®689-84 S>839-99®101331410-21®2310-30®32— ®— ®— a —9-60Firm
Tlinrs.
Higlier.
Kcl. ^«t.9-63®649-72® —9-90® —
10-05®0610-19®2010-28®3010-37®39— ® —— ® —— ®-9-65Weak.
Friday.
Easier.
Bid. Ask.9-t)l® —9-71® —9-88® —1005® —10-19® —1028®3010-38®3910-17®199-96® —9-84®859 65Dull.
Thb Visible Supply of Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Feb. 7), we add the item of
exports from the United States, including in it the exports of
Friday only:,'
1879. 1878.
etock at Liverpool 411.000 535.000Stock at London 48.750 13,750
Total Great Britain stock . 459.750 548.750BtockatHavre 118.000 186,750Stock at Marseilles 2,500 4.7o0Stock at Barcelona 8,250 32,000Stock at UamburfC 2.500 6,500Stock at Bremen 10,750 34,500Stock at Amsterdam 54.000 26,500Stock at Rotterdam 8,750 11,000Stock at Antwen> 2.-250 7,250Stock at other conti'ntal ports. 6,500 7,000
The above totals show that the old interior stocks have
decreased during the week 65? bales, and are to-night 5,594
bales less than at the same period last year. The receipts at the
same towns have been 4.668 bales more than the same week last
year.
Receipts from the Plantations.—Referring to our remarks
in a previous issue for an explanation of this table, we now bring
the figures down one week later, closing to-night:
RECEIPTS PROM PLANTATIONS.
1876.793.00069,000
862.000202,000
4,75062,00015,50043,75044,00015.00013,25012,250
213,500 316,250 371,500 412,500
1877.830.0003.^.000
863.000168,7503,50060.00013,00042.00059.00010,5005,5009,250
Week Receipts at the Porte. Stock at Inter'r Ports Eec'pts from Plant'ns.
cnd'g- 1876-7. ls7r-8. 1878-9. 1876-7. 1877-J. 1878-9.
9,97!i
1876-7.
18,866
1377-8.
5,l-8"i
1878-9.
Sept 6. 19,733 5.815 86.750 80,711' 16,449 86,750
•• 13. 4I,4S- 12,109 47,431 28,431 16,-27-2 18,9ri 41.457 11.932 47,431
" 20. 68,998 2-2,845 71,355 21.904 15,1U4 26.377 62,998 81,17; 74.355
" 27. P5,64) 43,123 98,86) 38,-3? 20.510 37,8:2 95,845 43 1-28 98,663
Oct. 4. 182,199 ;0.040 130,990 57,fl48 29,783 47,-208 122,199 711,040 130,990
" 11. 136,074 109,264 1*3,158 72,277 41,891 69,S8:) 136,0';4 109,861 148,158
' 1 . 152,830 135,054 160 833 84,871 68,74.i 79,697 152,880 135,r54 160,833
" 85. '.74.61T 157,609 163,236 M3,774 50,374 97,'8r 174617 167,109 168,236
NoT.l. 201,904 177,336 167,-280 123,658 105.814 116,034 201,901 177,336 157,860
" 8. 811,810 m,-'76 18J,874 H8,lll 186,6-20 119,498 211,810 198,776 182,874
" 15. 805,606 191,571 176,001 1-57,361 13-2,40) 174,583 205,601) 194,571 176,001
" 28. 811,68) J00,980 181,376 180,S19 .36,941 188,491 211,823 200.9 -( 181,376
" 89 204,sr9 na2;6 184,6-J5 197,131 157,032 2'^5,912 204.879 172,216 181,625
Dec. C. 187,73 'i 174,366 820,748 213,728 169,073 886,-280 167,73) 174,365 220,718
" 13. 196,436 •202,805 S-20,-;91 -224.121 185,665 '259,139 196,43i 202,305 230,291
" SO. 171,.-,9ti 2)1,594 204,882 815,615 226,559 280,957 171,696 8!1.594 204,882
" 57. 162,633 814,634 199,1)81 •256,89: •261,8T(i 894,281 168,68) 284,B:j4 199,981
Jan. 3. 115,-268 165,755 14i.l55 219.906 J53.2;)9 881.634 108,7; (i 157,118 130,608
" 10. 101,18-2 142,099 121,031 2S),0O7 -.138,203 2J3,&47 74,834 18-.,15) 93,104
" 17. 115,015 153,727 113,613 314,057 237,380 233,83c 106,065 158,787 93,-202
" 81. 109, i4i 161,059 143.64 195,082 -.(42,013 218,585 90,472 161,0:9 133,997
" 31. 138,374 159,166 1H7,097 132,2(0'244,494l2i0,93-. 135..^3-2 159, 18r 167,097
P'b.7. 110 006' 137.1-38 l-:i.60- I79 866'-240.-0S2H,li7 l')7,038ll33,352l 164,790
673,25087,000
647.00025;000
808,026138,22227,000
865,000 1,234,500 1,274,500
90,000 94,000 105,000574,00067,000
892,15298,79411,000
637,00022,000
914,125143.81621,000
547,00057,000
896.079127.75625,000
Total continental ports.
Total Euroi)ean stocks. . .
.
India cotton afloat for Europe.Amer'n cotton afloat for Enr'peEgypt.Briizil,&c.,afltforE'r'peStock In United States ports .
.
Stock in U. 8. interior ports. .
.
United States expoits to-day..
Total -visible supply.bales.2.465.498 2,692,941 2,971,446 3.032.335
Of the above, the totals of American and other dcsoriptious are asfollows
:
American—Liverpool stock 292,000 371,000 551,000 432,000Continental stocks 159,000 258,000 277,000 222,000American afloat to Europe.... 647,000 637.000 574,000 547,000JJalted States stock 868,020 914,125 892,1,52 896.079United States interior stocks.. 138,222 143.816 9S.794 127.756United States exports to-day.. 27,000 21.000 11,000 25,000
Total American bales.2,131,248 2,344,941 2,403,946 2,249,835Scut Indian, Brazil, <tc.—
Liverpool stock 119,000London stock 48,750Continental stocks 54 ,500India afloat for Europe 87,000Egypt, Brazil, Ac., afloat 25,000
Total East India, Ac 334,250 348,000 567,500 782,500Total American 2,131,248 2,344,941 2,403,946 2,249,835
Total visible supply 2,465,498 2,692.941 2,971,446 3,032.335Prloe Mid. Upl., Liverpool o^sd. 6'4d. b^sd. OTjgd.
These figures indicate a d-icrease in the cotton in sight to-nightof 227.443 bales as compared with the same date of 1878, adterease of 505,948 bales as compared with the corresponding dateof 1877, and a decrease of 566,837 bales as compared with 1876.
At thb Interior Ports the movement—that is the receipts•nd shipments for the week, and stocks to-night, and for thecorresponding week of 1878—is set out in detail in the following•tatement:
Angnsta, OaColumbus, GaMacon, 6»Montgomery, AlaBelma, AlaMemphis, Tenn..Kasbvllle.Tenn..
Total, old ports.
DaUas, TexasJefferson, TexBhreveport, La ..
VIcksbnrK, Miss .
Colnmbus, Miss..Eufanla, AlaOriflln, OaAtlanta, QaRome, GaCharlotte. N. C...St. I>ouls, MoCincinnati, O
Total,new p'rts
Tntni. all
Week ending Feb. 7, '79.
Beoelpts Sbipm'ts
3.4032,8221,0383,5901.542
14.105!
1,651
28,151
5451,1065,0837,4844168664-25
1,9951,9651,0158.0286,593
5,0614,1201,4233,5993,030
10,3311,239
28,803
1,3931,0206,3748,2891,2041,321744
1,6992,1631.0719.3227,087
35,521 41,687
63.672 ' 70.490
Stock.
18,68912.1384,3498,5966,294
76,79011,366
138,222
8223,7246,4214,4742,2093,0371,9106,6125,598690
32,7937,615
75,895
214.117
Week ending Feb. 8, '78.
Receipts Shipm'ts
3,4681,154504
1,5771.200
13,5362,044
4,5531,8101,2192,3583,34311,1121,763
23,483
7102,5003.7658,431700723204
1,6491,2001,5437,5655,593
26,158
8502.3004,1379,154782
1,113293
2,5551,1681.5736.6645,105
34,583I35,694
58.006 ' 61.852
Stock.
20,37019,1487,67215,5777,173
66,6747,202
113,816
2,1413,700
12,0236,8505,0004,4851,842
11,6804,2001,603
36.9176.445
96.892
240.708
This statement shows us that although the receipts at the ports
the past week were 171,608 bales, ihe actual from plantations
were only 164,790 bales, the balance being drawn from stocks at
the interior pons. Last year the receipts from the plantations
for the same week were 133,3-53 bales, and for 1877 they were137,0S2 bales.
Weather Reports by TKLEOBAPn.—While in some few
sections the roads are still reported bad, in general they have
improved during the week, although at many points considerable
rain has fallen. The crop is, therefore, moving more freely.
Galveston, Texas.—It has rained on four days, and the rest of
the week has been cloudy, but at the close there has been a fav-
orable change in the weather, with the first sunshine of the week.
Farming preparations have been begun, but are greatly hindered
by the wet condition of the ground. The thermometer has aver-
aged 56, the highest being 71, and the lowest 40. The rainfall
for the week is fifty-eight hundredths of an inch.
Indianola, Texas.—A drizzling rain has fallen on five days of
the week, the rainfall reaching forty nine hundredths of an inch.
Roads are still impassable. Average thermometer 60, highest
75, and lowest 36.
Corsicana, Texas.—There has been no rainfall during the past
week. Roads are improving, and farmers are beginning to
plow. The thermometer has ranged from 31 to 67, averaging 46.
Dallas, Texas.—We have had showers on two days of the
week, the rainfall reaching thirty hundredths of an inch. Wehave had a killing frost and ice on one night, with light snow
and hail. The thermometer has ranged from 31 to 67, averag-
ing 46.
Brenham, Texas.—Rain has fallen on five days, and although
it is very wet some plowing has been done. The thermometer
has averaged 56, the highest being 74 and the lowest 40. Therainfall for the week is ninety hundredths of an inch.
New Orleans, Louisiana.—Telegram not received.
Shreveport, Louisiana.—Telegram not received.
Vicksburg, Mississippi.—Weather report not received.
Columbus, Mississippi.—Telegram not received.
Little Sock, Arkansas.—Sunday and Monday of the past weekwere clear, but the remaining six days have been cloudy, withrain on Tuesday. The thermometer has averaged 38, the highestbeing 54 and the lowest 28. Ihe rainfall has reached one inchand six hundredths.
NashvUle, Tennessee.—Rain has fallen during the week onfour days, the rainfall reaching one inch and thirty-five hun-dredths, but as the week closes there has been a favorablechange in the weather. The thermometer has ranged from 28to 52, averaging 40.
Memp7tis, Tennessee.—We have had rain on three days, therainfall reaching two inches and fifty-four hundredths. Roadsare generally very bad. Average thermometer 41, highest 47,and lowest 35.
Last week it rained on four days, with a rainfall of one inchand fifty-six hundredths. The thermometer averaged 57, withan extreme range of 49 to 04.
Mobile, Alabama.— It has been showery three days, and the
ricnnuART 8, 1879.] THE CHRONICLE. 161
balanoo of the woek hut bB«n cloudy. The thormometor has
avorwtod .W. tho highsst being 73. and the lowest 34. We have
hatl « niinfall of twenty-seven hi-ndredth.s of an Inch.
MotUgomtry, Alabama.— U has mined on live days, and we^^^^
have had frost on two nights during the woek. The thermometor|1^78
has ranged from 30 to 73, averaging 50. The rainfall for tho 1877i
week is oighty two hundredths of an inch.
Seliwi. .^;(»»a;n(t.—During tho narlior part of the week the
weather was clear and pleasant, but it has rained on four days
tho lattor portion., , . ., t.
MadUon, Koridn.— It has rained on one day during the week.
The ihormometer has averaged SO, tho extreme range having
been 4 > and 73. Ice formed in this vicinity on Sunday and Mon-
*day nights. Tho weatlier Is very changeable.
Ifaoon, C'«orfl'ia.—Telegram not received.
Columbiu, OeorffUf.—ll has been showery three days of tho
week, tho rainfall reaching seventy-eight hundredths of an inch.
The thermometer has averaged 50.
Samnruik, Georgia. —Uain has fallen on five days and the
balance of the week has been cloudy. Average thermometer 53,
highest 71 and lowest 31. The rainfall is sixty-six hundredths
of an incli.
AuguMa, Georgia.—Vfe have had light rain on four days, and the
rest of the wwk has been cloudy ond cool. Planters are sending
their crop to market freely. Average thermometer 48, highest
81 and lowest 38. The rainfall for the past week is e ghty-one
hundredths of an Inch, and for tho month of January two inches
and seventy-four hundredths.GharUeton, South Carolina.—It has rained during the woek on
three days, the rainfall reochini eighty-one hundredths of an
inch. Average thermometer 51, highest OJ, and lowest 30.
CosiP.iRA.TiVB Port Rbcbipts and Daily Crop Movbmbnt.—A comparison of the port movement by weeks Is not accnra,le,
a the weeks la different years do not end on the same day of Ibe
month. We have consequently added to our other staniiog
tables a daily and mintlily statement, that the reaiar miy con-
stantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-night.
W)RT KECBIPTS FROM SATURDAY, FKB. 1, "79, TO FRIDAY, KKB. 7, '79.
Shiproenta thla week Shiproenta alDoe Jan. 1. ReoelpU.
OreatBrlt'n.
Conti-nent.
15.0002;i,0001,000
ToUl.Oreat
Britain.(A>ntl-nent. ToUI.
TbtoWeek.
BtaMJao. 1.
5,0000,0008.000
30,00020,0000,000
17,00025,00041,000
21.00062.00016,000
38,00087,00097,000
16,000ai.ooo12,000
60,000145,750104,000
From the foregoing it would appear that, compared with Iwtyear, there has been a deereate of 9,009 bales in the week's ship-
ments from Bombay to Europe, and that the total moTementsince January 1 shows a decrease in shipments of 49,000 bales,
compared with the corresponding period of 1878.
UuNNY B.V.OS, Baooino, Ecc—Bagging still rules dull, andscarcely any inquiry is reported. The parcels moving are only
small and for jobbing wants. There is no disposition shown to
I
buy largo parcels, even at a low figure, and tho close is dull andnominal, with holders quoting 8i^9Jc., according to weight.
IButts have become quiet again, and the small inquiry noted in
our last has subsided. There are a few small parcels reported
placed, but no Urge lots are moving. Tho feeling is rather easy
as to prxe, and quotations are 2i@3|c., and 2 7-l(Jc, for bagging
quality.
Thb Expoets of COTTOM from New York this week show anincrease, as compared with last week, the total- reaching 0,661
bales, against 4,233 bales last week. Below we give our anual
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1378, and in the last column the total
for the same period of the previous year.
xports olOoUon( bale*) (rooi New YorKaloceSeDt.lt 18TS
D'ysof
we'k
Bat..
HonToesWedTburFri.
Tot.
NewOr-
leans.
li),029
4.783
22.115
8.71311,!I87
8,07S»
71,736
Mo-bile.
5,3113,510
4,467
1,061
062976'
Char-leato II.
Savan-nah.
1,901
2,251
2,076
1,576
1,615
3,175
16,326 13,657
2,562
2,32
1,81
2,531
1,907
2,168
13.355
Gal-veat'n.
Nor-toik.
2.237| 2,526
3.972 2,514
2,731* 2,030
3.6:i8 3.001
1.790 2,018
3,6911 1,907
13,112 11.056
Wil-min<-tOQ.
Allothers.
375800557366.596
613
3,307
2,370
3,565
2.746
2,933
2,473
5,022
ID,059
Total
36,30423,729
33,56123,99923,37325,634
171.608
tZrOSTSD TO
LjiverpoolOtlier British Ports.
rotml to at. Britain
a»»reOther Frencli ports.
Total Freneb..
Bremen and Hanover.KatnbargOther ports
Total to N. Europe
<paln,OportoAQlbraltarAc111 others
Total Spain, dec
nt>«n4 Totf.1
wiBK nniDra
Jan.li.
4.113
312
31}
Jan.
11,«0
11,270
302
30J
449
413
4,754 ' IS.niS
Jan.at.
8,17J
"sTlTJ
5^0SCO
1,050
Feb.S.
6,581
200
«.«it
Totalto
date.
16I,3M4,(58
183,60<
10,061
100
10,161
11,893
1S,T3B
t,«60
3,660
11M^«
Sameperiodprev'aayear.
Itf3,87»
170,463
3.61Slis
3,788
11,8788,45«8,3<0
JS,1M
197.42i
The movement each month since Sept. 1 has been as follows:
MonthlyBeoelpts.
Bept'mb'r
October.
.
Novemb'rDeoemb'rJanuary .
Tot. year.
Year Beginning September 1.
1878.
288.81b639,261779.237
893,664613.727
3,239.740
Perc'tage of tot. port
reocipta
1877.
93,491
578,533
822,193900,119689,610
3,089,216
7108
1876.
236,863675,260
901,392737,769
500,630
3,101,969
76-82
1875.
169,077
610,316
740,116821,177
637,067
1874.
2,977,753
7105
134,376536.903
676,295
759,036444,052
3,550,72.
72-91
1873.
115,255
355,323576,103
811,663702,163
2,500,517
67-31
'I'he following are the receipts of cotton at New York, Boston,
Philadelohiaand Baltimore for the past week, and since Septemb'Sr
1. 13-8:
This statement shows that up to Jan. 31 the receipts at the
portsthis year were 183,491 bales more than in 1877 and 167,771
bales more than at the same time in 1376. By adding to the
above totals to Jau. 31 the daily receipts since that time, we shall
be able to reach an exact comparison of the movement for thediflereot v«<ars.
1878-79. I1877-78.
3,269.710 3,039.216rijan.31Feb. 1....
" 2....
'• 3....
" 4....
" 6....
" 6....•' 7....
Total 3,411,348 3,232,073
Percentage of total
port refeliita I 74-37
36,304 28,495
S. 19,795
23.729 8.
33.561 35,541
23,999 20,000
23,378 22,343
25,634 16,653
1876-77.
3,101.969
23,463
22,487
28.011
S.
23,732
25.353
17,146
3,217,166
80-41
1875-76.
!,977,753
20,601
20.117
25,710
17,03419,076
8.
20,332
3,100,679
73-08
1874-7.'5.
2,550,737
11,09317,15-2
15,618
16,721
21,174
14,3378.
2,616,823
75-68
1873-74.
2,560,517
S.
35,391
24,172
22,031
15,507
23,18218,914
2,700,614
70-99
Thio statement shows that the receipts since Sept. 1 up to
to-night are now 309,375 bales more than they were to the sameday of the month in V^li, and 191,183 bales more than theywere to the same day of the month in 1877. We add to the last
table the percentages of total port receipts which had beenreceived Feb. 7 in each of the years named.
BoMUAY SilfPMBNTa.—According to Our Cable despatch received
to-day, there have been 5,000 bales shipped from Bombay to
Great Britain the past week and 15,000 bales to the Coatinnnt
:
-while the receipts at Bombay during this week have been 10,000balMi. Th? movement since the Ist of January is as follows. I
These figures are brought down to Thursday, Feb. 6. '
H«W YOBS. BOSTOa. paiLADai.p'u BALTlaOBB.
Thisweek.
SinceSept. 1.
Thisweek.
SinceSeptl.
1 Thisweek.
Since8ept.l.
n',4;3
Thisweek.
SinceSept.!
.-iew Orleans.. 3.3802.H56
5,44T
'sra3,05193i
4 8-8il^
4,678iOj
•J 5,968
~33.78l
49,e<n9.,l)92
tli.418
n;44773,08Sl
U6.1«l5..MI
104,0OJl!,5i6
i;6671.8i)7
'ko2.13:4.184,366
5,4S5
ilTO
S4,55()
;o,.b:4.1,37.5
7
....
Ml
9181,703
3 lists
HobllenorldaJ'th CarolinaS'th Carolina.Virginia.<Jorth'rn PortfTennessee, Acforeign
1,909 3lic56
u.iiiic-ira
3S,o;o
loiddo
Total this jear
Total last jrear.
601,Ml
600,855
14.76D
10,951
1^1,663
il«,089
1,909
i.2il
48,eor
87,16?
4.0tt
~4,110
108.371
loi.'isi
8HIPPIN0 Nawa.—The exports of cotton from the United:)lateB the past week, as per lateet mail returns, have reached
126,058 bales. So far as the Southern ports are concerned, thessare the same exports reported by telegraph, and published in
Thb Chronicle, last Friday. With regard to New York, weinclude the manifests of all vessels cleared up to Wednesdaynight of this week.
Total bales.
NswToBK—To Liveroool. per Heamer'City of Mont'enl, 551. ..Wls-
c»oaia,3.3X) . £xypt< I>0G7 ...Scythia, 6'JO Britsnaic. 624 and31 -tea Island 6,781
To Hivr.-, per atoimer Prance. 18' 180
Tu B emeo, per steamer Weser, JOO 800Saw Orlsams— To Liverpool, per ^le-mers Historian, 5 4V9 ...Aniean,
3.416 ...Horassis, S,U1 Ke|.ler, :,«45....Peer or thi.- B<«im,4,tiO A'ltJCrat, 6,457 ...per shins Beann Uamha, 4,60j. .
Poriiiw.4.4;8 . per bark Q i^en of Ueauly, 4.T0I SSiHOToCork, per bark Fa ii Mirnielssohn, s,i*J 3,131Toilavr*. per shiiS laul Bnjrnion. 4.V01 Q ttysbant, S.710 ...
I a i.onisiane, 4.'J5i per barks JacqueaCo.or, 4,3tt....QsiiltoriTarabiicnia, .V2l Vt.fH
To Antwerp, per steamer Sibylla, 1.001 , UfUTo Barcelona, per bnrk J'tse Ameii. 26 IITo Vara Cruz, j-er etemer Cily of Mex co, 947 Hi
OiuBi.itBTOs—To Lirerponl, per snip I ranti, .l,to8 Upland and 183 SeaUland . .per b.rkWacls-a, »,601 Upland liWl
To Barcelona, per bark Maria Tereaa, 965 Upland... per bllgMoralidad, SI-i 1.4»
Port KoT»L-To Liverpool, p<T bark Pri'Cllla, ».?5I Upland.... ..... CtMSatamnau—To Liverpool, per ship Hohnr, 4,466 Upland ...per bark
Sarxh B Cinn, ;(,»>)) Upland. ... , 7,0WTo Bremen, per biikUeatia, 1,875 Upland 1,975
ToBaval, per sUamer Amy Dora, 6,lMUpl'i>4 liUO
152 THE CHRONICLE. [Vol. XXVnu
3,130.
Total balee.
per barke
'•^I^.e^rKs?2.SIL'.'::^a^^\i":!^^l;obia.^«^
bIwikou«-To LlTerpool, per Bteamers Nova bcolian, 1,438 ...Mora-
vUn, 1,043.... J nana, 548 .^^. "'arjn
To Bremen, per Bt amer Hansa, 900. .. . .... ........ • i^ ..: ^y,^-
BOSTOK-To Liverpool, per sieamere Iberian. 2,630....Nellie Martin,
334... MasMchnsew, 571... Marathon, SOO... 8.8*1
i-HlLlDtu-BiA-To Liverpoo', per fU'am.r Caste^lo. B09 ^Tb Amatcrdam, per etcamer Sted Amsterdam, 481
2!;
ToUl.. 126,096
The particularB of these shipments, arranged in our usuai form
,
•re as follows
:
AmeMmBre- Bremer- & Ant- Barce- Vera
Cork. Havre, men. h iven. werp. Reval. lona. Cruz. To.aL
180 200 .... j.^. .... - -gj.g^g
3,138 17,S921,480
l,nO 6,211
1,8?5
3,296
"m
5,150
3,003
481
T.S.'il
8,35414, 1 JO
20,4671,8563,0033,929
3,8419ei
Sales of the week bales.
ForwardedSales AmericanOf which exporters took—Of which speculators took..
Total stockOf which American
Total import of the weekOf which American
Actual exportAmount afloatOf which American
Jan. 17.
64,0009,000
52,0004,0004,000
424,000302,00087,00075,0005,000
257,000213,000
Jan. 24.
64,0008.000
50,0004,0004,000
387,000273,00035,00028,0008,000
292,000252.000
Jan. 31.
46,0009,000
37,0003,0003,000
375,0001257,000l40,00026,000,4,000
354,000317/)00
Feb. 7.
48,0004,000
39,0003,0002,000
411,000292,00089,00077,0006,000
346,000299.000
The tone of the Liverpool market for spots and futures, each day of
the past week, and the daily closing prices of spot cotton, have been as
follows
:
Spot.
Liver-pool,
N«w York... 6,281
nJwOrl'ns..39,lCharleston... 6,0MPortKoyal... 2,354
BtTanoab.... 1,095
Tezu. 9,imWUmington. 1,853
gorfolk ..r.
dUmore.... 3,024
Boaton 8,841
PUladelphU. 500
Tot»1....79il6'4i3ci 24,043 i.Vl 3,008 1,482 5.150 1,608 947 126,056
Below we give all news received to date of disasters to vessels
aftrryiog cotton from United States ports, etc.:
B«BTBA (Br.>-A telegram from the captain of the steamer Bertha, (Br.) at
RirceloM; from'^ew York, dated Bircelona, Jan. 18: (The first word
tauntelliglble.) Had a fearful passage. The ship is stramed In the
iipper works ; loet gangway doors and ladders; broke 3 boats serioaely
;
engineer's rooms saloon fittings deetroyed. „„„,..Lim.ic« Bttamer (Br.), from New York, at Liverpool, Jan. !S, reports,
^^tcoontered very severe weather on the 3d, 4th and 5th mst., and boat,
wheel and skylight damiged.Ntonbibo. (Ger.)-Llgbtcr No. 29, bound to Bremen with cargo es-8t«a™fr" Nurnberg, (Qer.), from New Orleans, was ifl collision on Jan. 11. in the
new harbor at Bri-mcrhaven, with another lighter, and became leaky in
one of her compartments. To prevent farther damage the lighter was
run agronnd. Aboot 70 bales of cotton reported damaged.
Obiboh (Br )—The cotton portion of the cargo of steamer Oberon, from NewOrleans, for Liverpool, ashore at Wlilte Bay, Qaeenstown, was being
thrown overboard P. M., Jan. 20, and allowed to float on shore, and till
midnight of the same day a considerable qnantiiy was taken from her.
A telegram received at Liverpool on the SWd sUted, that up to P. M. of
the 21et, 250 bales of cotton, part dry, bad been discharged. A telegram
received on the 22d stated that np to the 22d 790 bales of cotton had
been discharged. ™ . r
,
>
Ctnait ship (Br.), Kellev, from Sivannah, Nov. 29, for Liverpool, was run
into wnile anchored off Inni^howen Head, and considerably damaged.
She was 6ub8( quenlly lowed to Liverpool. , „ ,, ^TSAHCI. thip (of Dunkirk), Provoste, which arrived at Havre, Jar. 14, from
New Orleans, lost spars and fails on the passage.
AjliSTiBiA, (Span,)—The tenders for discharging the cargo of the Spanish
bark Anajt^sia, from Savannah for Perrol, were received and opened at
the Spanish Cousnlate in St. Thomas, Jan. 18, at noon. 1 he tender of
Mr. B. Lassoe, was accepted.
BLanT Brothetm, bark (Br.), Symons, from Wilmington. N. C, Dec. 18,
for Bremen, which arrived at Crookhaven, Jan. 23d, with loss of radder
and other damace, was detained by the Board of Trade at that port
until a proper rudder was supplied.
BaiseironT, bark, Morgan, Irom New Orleans, for Providence, which put into
Key West, Dec. 29, in distress, had neirly completed repairs Jan. 26, andwould resume her voyage on cr anout Feb. 1.
S,T. O., bark (Br.i, Qwyther. at Liverpool, Jan. 15th, from Philadelphia, expe-rienced very severe weather; on Dec. 29,dnring a hurricane Irom W.8. W.,with very high sea. the ship waa bove to for 16 hours; shipped a greatquantity of water, hart port bulkwarka washed away and mainrail split.
Vbaxcb XT ri.ATA, bark (P; .), Leqneux, at Havre, Jan. 14, from New Orleans,
dnnng galea enconntered from Jan. 1 to 12 ; bad yawl stove in, sails
torn and blown away, and sustained other damage.Vbisx Lehmbnt, bark (Qer.), Olasvek, from Charleston, Dec, 19, for Gntten-
barg, waa in the ice near Marstrand Jan. 24.
Iatk, bark (Br.), Anderson, at Rouen, Jan. 13, from New Orleans, h^d one ofhei batches broken by a sea, and a great qaantity of water got into thehold.
XoiA ABTBua, (Fr.>—The Liverpool Salvage Aseoclation report that a tele-
eram received from Captain Flood, night of Jan, 23, respecting the barkKing Arthur (Br.) from Charleston for Liverpool, ashore at Baonow,states : Had contbint bad wenther; heavy seas have caused ship to partamidship..; is a complete wreck about upper works; steam pumps hivebeen landed at Waterford all right; salvage of cotton will be resamedwhen weather moderates; total saved to date, 1 ,4S0 bales.
ROTAI. DiADEX (Br.)— ihehullof the bark Royal Diadem (Br.) was sold atauction at Charleston, ti. C, on Jan. 25, at the wharf. The hulk sold for$850. Some misunderstanding having arisen, however, as to what wentwith it, it was again offered, stripped of everything bat the stumps ofthe masts, and was knocked down, after somewhat lively competitino, toH. Qoldsmlth & :$on, for {125, having bepu started at $20. Her rigging,•piars, yards, ropes, sails, lioats and other appurtenances were sold offIn lots, going at very low figures, and realizing in the aggregate some-thing over $700. The balk is apparently little injured, although it hasbeen condemned.
Sax TtmnKoo, bark (Span.), Andrega, at Liverpool, Jan. 30, from Baltimore,encountered a heavy gale Jan. If, off Cupe Clear, and lost foretopmast,maintopgallant mast, jibboom and butkwarks, and the vessel made anQDUsQat quantity of water,
Key Weal, Jan. as—Schooner Alice Vane returned on the 23d with only 12bales of cottftn. The captain reports having followed the Gulf Streamto the latitude of Charleston, and having passed hundreds of bales ofcotton, but coa!d not recover them owing to the heavy weather.
Ootton freights the past week have been as follows:
t. I
.M.$Market,12:30 P.
Mid. Upl'dsMid. Orl'ns.
Market, }
5 p. M.J
SalesSpec. & exp.
Futures.
Market,5 P. M.
Saturd'y.
Dull, andeasier.
5ifl
6,000500
Fiat.
Monday.
Easier sel-
lers, butpr'csunch.
56l65^2
Unch'ng'd
7,0001,000
steady.
Tuesday.
Dull, andunch'ng'd.
Unch'ng'd
7,0001,000
Weak.
Wedn'Bdy
Kasler, butnot quota-bly lower.
5Bl65>s
Unch'cg'd
8,0001,000
Dull, butsteady.
Thursd'y
Fair busi-ness at pre-vious pr'ca
5I2
10,000l,OtO
Eteady.
Friday.
A shadefirmer.
539
51a
8,0001,000
Weaker.
The actual sales of futures at Liverpool, for the same week, are givenbelow. These sales are on the basis of Uplands, Low Middling clause,onless otherwise stated.
Batcrday.
Delivery. d.Feb.-March S^igMar.-April 51132
Delivery.Feb 59.,2
Feb.-Mar 5832Mar.-Apr S'le
Delivery.Feb.-Mar 56,8Mar.-Apr 51132April-May . . . .51332®%May-June o'la
Delivery.Feb 5»33Feb.-Mar 593aMar.-April S^jgApr.-May 5%
Delivery.Feb.-Mar 51I32
Mar.-Apr 5?bApril-May S^sJune-July 5^July-Aug 5»i6Feb.-Mar o^s
Delivery. d.April-May 5%May-June 51332
Monday.
Delivery.Apr.-May 538May-June 51332
Tuesday.
Delivery.Jane-July 5'2S)iS32
Feb.-Mar S^isMar-Apr H^nMay-June 51332
Wednesday.Delivery.
May-June 51332June-July 51632Apr.-May 51 132
Thursday,Delivery.
Mar.-April 51332Apr.-May 51332May-June 51632June-July 51732Aug.-Sept 558
FRIDAY.
Delivery. IDelivery.
Feb.-Mar. . .5381332®% IMay-June 5ia
Mar.-Apr 01332 | June-July.. .5"32®»ie
IDelivery. d.
June-July 5I631
I
Delivery.April-May 51132Apr.-May 57ia®i332
Delivery.July-Aue 51732
Shipments. '
Jan.-Feb.,u.cp. si.5%Feb.-Mar.,n.cp.8l. S'le
Shipments.Jan., new cp.,sail. 538Jan.-Feb., n.cp.,Bl.5%Feb.-Mar.,n.op,,sl 51832
Delivery.Apr.-May 57igMay-June 5iaJtme-July 5^%^
Shipment.Feb.-Mar., n. crop,
sail 553a
Delivery.July-Aug 5i»32
r— -Llverpool.-Bteam.
)»®9-3i
iW 1*9-313<99-.«
LrvERPOOL, Feb.
atardaj.
Wed'day..Thursday.Friday.,..
Ball,
d.
-aw
-Havre.'Bteam. Ball.
c. c.
11-16 cp. -an11-16 cp, —(Ayi11-18 cp. -®X11-16 cp. —^iill-lli cp. —©«11-16 cp. —®X
,—Bremen , ^Hambsre-Steaa. Bail. Steam. Sail,
c. c. c. cX comp. a X comp. -Ji comp, >< a como. —X comp. }4 % comp. —X comp. a a comp. —% comp. X K comp. —X comp. a X comp. —
7—4:30 P. M.—By CJablb fhom Liver-
BREAD8TUFFS.Fbidat. F. M., February 7, 18V9.
The flour market opened the week quite depressed, especially
for the medium and better grades from spring wheat, the lower
grades of all kinds and the products of winter wheat remaining
barely steady. Somewhat easier terms could have been had for
lines of shipping extras, but as there was little done in these,
quotations remsdned nominally unchanged. Production is about
up to the average for the season. On Tuesday, however, a firmer
feeling was developed, in sympathy with an upward turn of
wheat, and since then the demand has gradually improved.
Shippers have been more liberal purchasers, and the trade has
replenished stocks mora freely. To-day, the market was quite
dull.
The wheat market opened for the week quite dull and de-
pressed. No. 2 red winter receding to $1 08i@l 08i on the spot,
and $1 09i for March. But on Tuesday there was a revival of
speculative confidence among holders, with an advance at the
West. It was Baid that California is threatened with a short
crop in consequence of the drought, and that supplies from Russia
will probably be cut off, or at least materially reduced, by the
quarantines established to prevent the spread of the plague ;
hence such a demand for export may be anticipated as will soon
dispose of our vast accumulations in store. Still, prices have not
advanced much. Yesterdaj's business was at $1 084@1 09i for
No. 2 red winter, and 93@93ic. for No. 3 spring, with speculation
in futures quite downward. To-day, the market was dull, and
prices partially lower and unsettled.
T- • i J 1 i .!_ a r, n„,^ , ,— Indian corn has been fairly active, and old mixed WesternKioi..— Estimated sales of the day were 8,000 bales, of which I ,. 1 j .. c 1 u . j i!„„,i „„^<., in,.vp»«Bd1,000 bales were for export and peculation. Of to-day's sales
^^ ^"^^^ P""^ ^'""^^•^"' "^"^ *=°''° declined under increased
7,000 bales were American. The weekly movement is given as Isupplies received by rail. Old No. 2 mixed sold yesterday at
oil"'"': ' 47^0. on the spot, new do,, 45i@46c., spot and February, and
PsniiCAnT 8. 1870. ] THE CHRONKJLE. 168
No. 8. 43|!2^4:)a. oa the spot. To-daj, the market was quiet and
prices raiber weak.
Rye opened quietly, but held with much firmnemi, and yeKter-
day there were liberal transaetlona at SSJo. for No. 3 Weatern
«od 60ic. (or No. I State. To-day, there was renewed activity,
Na. 3 Weatnra selling at BOc. In store, and Canada 02c. afloat,
and held higher at the close.
Barley has sold more freely at the decline noted last week.
Yesterday bright Canada sold at f 1 13 and (air ungraded at 00c.
Oats have been in demand at rather better prices, the market
closing dull, with No. 2 graded quoted at 31c. (or mixed and 33c.
(or white. Yesterdar there were large gales of No. 2 Western
at 81}c. a&oat and 30^c.(a31c. in store.
Canada peas have declined, with moderate sales at 73c.@74c.
on board.
The following are closing
FtADS.vo. I «bbi. tiao®BarerflDe SUta A West-ern 8 lO*
Batra Sttte, &c S tS^Wsstoru ipring wheat
•xirM 3 tOAdo XX and XXX 4 4S9do winter shipping ex-tOB. i gsado XX and XXZ.. 4 X^
Mlnnefota patents t KitCity shlpplnic extru 8 sfi®Boulberu bskcn* and fa-
mily brands 4 7(0BOQthern sblpp*s extras. 4 IftaRje flour, »nper11ne % BOBCom meal—Western,Ac. 9 flO^Cum mojil—Br wine. Ac. i 7il2t
quotations':
QRtllC.8 00 Wheat-No.3 sprlnK.bash. $0 OOA »
No.iisprinK 1 OOA I M3(0 Krjected sprini; 749 773 63 Heil and amber winter 1 04® 1 0)
Ued wiutLT Nu. i! 1 08Ji-l 08KS 90 White 1 OS® 1 10S 75 Corn—West'n mixed iiH9 48
do N.>.2,newAold 4SHO 47k4 SO do while
"
5 75 yellow Southern now.8 28 Rye— Western4 89 8t«te and Canada
Oats—Mixed6 on WTilte4 60 Barley—Canada West. . ..
3 10 1 8tHte, 4'towediSOl Slate, 3 rowed..2 6U I Peas—Canada bondjbrree
4bO4«®SBSkmS
tofi
75$72a
Receipts at lake and river ports for the week ending Feb.1879, and from Jan, 1 to Feb. l,and from Aug. 1 to Feb. L.
Floar, Wheat,bbla. bash.
At- (1% lbs.) (60 lbs.)
Ohlcajfo 3i!,'»44 49J.715Ullwaakea. 46,814 803,803Toledo 40 lU.MlDetroit 5.809 15«,835Cleveland 8, 181 1».*«)BLLonls 1M.141 i6\,9fr,
PeorU 3,185 10,810Dalath 97,984
Total 113,1M 1.451.597
PreTlons week 110,088 1,191,704
Ooneap'ng week,'78. 111,91.) 1,079,449Oomsp'ng week,'77. 81.90) 291,041
LJsn.ItoFeb. 1... 533,931 B.;.W.799ae time 1673 559,105 5.81i,5Tl
oe time 1877. .. . 4'JS.2.S'i 1,831,4*1
Same time 1376 504.18; 3,653,^19
Tot Ang.lto Feb. I 3 338.19a 6^,814,993Same limd 1818 3,433,791 4'<.i<<7,8tlS!
Same time 1877 8,083,461 31 ,i4 1.434
Sametimdrre S,e3i,«47 4I,790,«1)
Shipments of flour and grain from Western lake and river
ports from Jan. 1 to Feb. 1.
Flour, Wieat, Com, Oat«, Bsr'ey, Rye.bush. bn»h. bush. bush. bush.
2.114.5«5 4.670,580 1,114,017 493,'i33 147,3304,H19,7I9 S'.7dl,«i 9)9,093 398.349 8S,«)7
65.M63 3,34;,H0 f)IJ,V3) 3ll,72i 83,31!)
l,88J,4b7 3,446.710 741,f.36 335,353 70,600
Corn,bni4h.
(56 lbi>.)
531,7958.570
171,5737,194
1«,1'0418,950173,05013,9:3
1.45M1Sl..i45,863
te9,74)1.154,3«}
6,9U,37r4,767,411^,Sli7,593
5,188,36)
48.378,6:239,837,02744,517,44434,903,520
Oats,bush.
(32 Iba.)
iai.9619,7509,917
13,0J2
19,30055,0J990,050
Barley,bush.
(48 lbs.)
75,021
63,801
is^oii4,909
43,00020,000
Rye.busb.
(56 lbs.)
38,161
7,477
'437
85039,46813,975
379,032356,078397,6114
337,113
1.798,1431,397,1171,140,158I,3»:,083
18,659,12814,303,67413,184,91515,«04,3'28
219,3.33
157,934195,749144,133
73fi,4Sli
963,883632.077902,531
7,778.3617, 157,7427,091.9275,43S.01>i
9i<,338
64.39341,75541,623
326,033Seb,4l3290.612119,211
1,333,3789.313.3603,088,396
1,380,594
at the principal points of accumulation at lakeports, and In transit by rail and afloat Id New1870, was aa follows:
Wheat, Corn, Oats,In Stori at— hash. bush. bnib.
New York 8,0tl,in l,73l.8<>8 TSVIOtAlbtny SMI g.tOO 9,500BulTalo 1,0M,«81 891,374 14(,000Chicago T,>93,n01 t,8«l.U8 503,118Milwaukee M5I.800 37,010 188,900Dulath 138,031 lS.9ltToledo.... eS»,07S I.UI.OI* 40.489Detroit 8«1,8I7 1.313 18,778OaweKO 401,000 812,0(10
St. Louis. 442.744 1,193,831 83,811Boston 43,735 78,541 44,481Toronto 1(3.849 .... ll.tiSO
Mantr.'al 86.883 1I8,1S1 11,814Pbiladi-lphU 833,837 189,539Peoria. 7,080 380,7.'5 157,178Indlsnapolia 10,561 17«,9«8 8,153Kansas City. ../ 806.780 1W.07I) 11,854Baltimore 824,039 9C8,19«Rtll pbipmonts. week 402,633 879.971 113,304AHoat 1 n New York* 450,000 .... «00,OCO
and seaboardYork. Feb. 1,
Barley,bash.810,043404,00080,000
i,oj6.on8I<,4«0
89;8566,148
690 009111,67520,139
149,51085,117
e',i8i
8,'4ii
lii.sit830,000
bosk.
ToUl 29.440431Jan. 25, 1879Jan. 18. 1879Jan. 11,1870 is;585,4i8Jan. 4.1879 1S,01C»63Dec. 38, 1873 18.238.701Dec. 81, 1878 ...18.917,370Dec. 14, 1878 18,841.018Feb. 2, 1878 9,918,349
• Estimated.
10,538,247 S.873.S87t0,«19,838 10,539.161 8,480,373
. .18.364.660 9,884,1.35 1,516,4569.236,184 1,841.3869,011,795 2,893,4768,5»5.«19 3.700,8108.038,673 2 968.8748.85,3,344 3,0t<,)'89
6,583,.343 3,251,791
4.784,8106,080,1136,084.2706,041.3156,884,2945.148,4535,600.1926.701,5684.468,165
6I,»W7,raMUM
3s,on
"•»
Mi
7,mMMsiini
140,OI»
i,ioi.8nI>M,54t1,476,1(01.840.090l,i54,0i»l,7tl,9g«1,585,1841,808,113
783,;it
hblx.
Jan. 1 to Feb. 1 532,993sam!timel87J 52.1,517
Same tim» 1877 4!l,l)9i
Same time 1876 937,787
Rail shipments of flour and grain from Western lake and river
ports.
Wheat,bush.40i.63J
1,183,111)
1.13.S90
307.306
Receipts of flour and grain at seaboard ports for the week ending Feb. 1, 1879, and from Jan. 1 to Feb. 1.
Week Flour,ending— bbls.
Feb 1, lrt79 127.998Feb. 3, 1378. 109,8U7Feb. 3, 18n 74.40!Feb. », 1876 77,7.34
Corn,bUMh.579,972718,631480,786543.336
Oats,bush.213,.304
373,261129,254133,498
Barley,busb.131.121
94,35486,34347,395
Rye,bush,31,6896,333
10, lis
11.823
Floor, Wheat,At- bbla. ba«h.
New York. «3,367 838.016Boston 15,092 80,701)Portland 1,000Montreal 6,917 400Philadelphia 31,.30() 370,8 K)
BalUmore. 19,3.39 317,300New Orleans. 11,376
Total 16^381Previous week 195,»»3Curresp'ng week, '78. 143,671
Tot. Jaa.ltoFeb.1.. 70!.8«5Bametlmel87s 817.490Same time 1877 631,139Bamotlme 1876 1,007,013
1,317.300
1.330,1130
1,513,550
5,4^9,5^66,96.3,935
676.5(19
l,liO),)13
Com,bash.436,307138.123
1,500
203.3(16
583.90049,332
1.4S'!,591
1,343,131
1.883,837
9,406.7758,325,2195,582 0377,316,809
Oats,bush.1B2,08932,0fOl.tOO
5,01462,3005.C00936
268.939225.658800,966
1,056,305
1,099.7931.160,509l,23S,31l«
Barley,bush.
223,03115,600
i.'soo
33,900
173,9a65,40079,400
556,634670.180303,833790,810
Rye,bush.19,960
841I.50OI.OCO
32,48417,07613,880
137.79859,846
127,11889,033
Exports from United States seaboard porta and from Montrealfor weak ending Feb. 1, 1879.
Fbox—New York 77,401Boston 10,533PortlandMontrealPhllsdelph'ia .... .... 8,333Baltimore 8,310
Floor, Whea',bbls. bastt.
89,47488,88)
490,316181,499
Totil for week.. 9">,9r.7
Previous week 63.111T«o weeks ago 7S,8i)3
Same lime In 1878. .
.
59,433
1,623.(69779,653
1,188.3.13
838,235
From New Orleans, 17 bbls. flinr, 94,0
Corn,Mush.814,465156,514
53
257i9a230,690
1.343,604817,335963.793
1,601,499
Oats, Rye,bush. bush.2,882
Peas,bnsb.
11,688 1,976
613673
4,3038,2.11
6,704
1,65(
21,68322,06989,30640,494
) bnsh. wheat, and 86,385 bush. con.The TlBible supply of grain, comprising the stooka in granary
THE DRY aOODS TaADE.Fbidat, p. M.. Febniary 7, 1«7».
The past week has witnessed a continued active demand (or the
most staple cotton goods on the part of package buyers, and there
wa? a more general movement in spring fabrics than at any tlma
since the opening of the year. Some improvement was also
developed in the jobbing branches of the trade, and coneiderabls
quantities of cotton goods, prints, gingiiams, &c., were disposed
of In package lots by the leading houses; but the piece distribu-
tion was only of moderate proportions. The demand for woolea
goods was checked during the early part of the week by aa
impending auction sale of 4,000 pieces fancy casslmeres, chevloti
and coatings, which caused many buyers to defer their purchases,
in order to await results. The sale proved to be a successfu
one, and the entire offering was closed out at acceptable prices
which led to a somewhat improved business in men's-wear
woolens toward the end of the week.
Domestic Cotton Goods.—The exports of domestic cottons
from this port to loreign markets during the week ending
February 4 were 1,327 packages, the more important lots of whick
were shipped as follows: Qreat Britain 491 packages, U. S. of
Ck>lombia 175, Brazil 187, Dutch West Indies 74, Sandwich Islands
G3, Mexico 56, British Guiana 51, British West Indies 49, &c.
I The cotton goods market was fairly active, and stocks are so well
in band that a slight upward tendency was developed In leading
makes of brown cottons, wide sheetings, &c,, some of which were
marked an by agents. Brown and bleached goods continued in
good request, and there was a steady movement In wide sheetings,
denims, ducks, ticks, corset jeans, &c., while there was a
moderately increased, though somewhat irregular, demand for
cheviots and cottonades. White goods, piques and quilta
continued fairly active and steady in price. Print cloths ruled
quiet, and a shade easier than when last reported upon. Prints
met with liberal sales, and there was a brisk demand for ging-
hams, spring styles of which were opened by leading agents.
Domestic Woolen Goods.—There was an uneven demand
(or meti's-wear woolens, and business in this department was, on
the whole, less active than expected. Spring casslmeres,
cheviots and worsted coatings were, however, in fair request by
clothiers and cloth jobbers, and there was also a moderate
inquiry (or heavy casslmeres and suitings. Tweeds and boys'
casslmeres received a fair share of attention, but buyers evinced
a good deal of caution in their operations, which were mostly
confined to relatively small parcels. Kentucky jeans were la
irregular demand, but perhaps a trifle more active, and there
was a moderate Inquiry for printed satinets. Alpacas and staple
worsted dress goods were more sought for by buyers from distant
distributing points, but the general demand was of limited
proportions. Shawls were In moderate request and there was an
increased movement In gauze and summer merino underwear.
FoBEiON Dry Goods.—There was a relatively light demand
for imported fabrics, but a good many bnyera were observed in
the market making memoranda as a basis for early operations
Dress goods and silks were lightly dealt in, and such was the
case with woolens and linen goods; but a fair dittribution of
Hamburg embroideries, whltejgoods and laces was eflfected by
importers.
154 THE (CHRONICLE. [Vol. XXVIII.
ImporlatloiiB oi Orf «<oo«l«.
The Importations o( dry groodg at this port for the week endintr
Feb. 6. 1879, and for the corresponding weeks of 187a and 1877,
have been as follows :
XICTERKD rOB COWgPMFTIO?! rOB TH» W»BK ESPINQ FBB. 6. 1879.
1377 1878. 1879
Fkgf.
693919553561
658
3,884
Value.
$80'i,63I
2^7,772493,943)J«,f3»139,066
$li367.951
Pkgs.
7M1,2575S-
1,148553
Value.
$343. J664>l4.21.i
4.35.431
8;7,lt.l
18A048
Hkgs.
1,?021,:38I,-i79
8,08n683
7,(-36
Value.
Mannfactores of wool.,do cottondo rilk ..
do flaz...
Xiaeell'oeonsdry eood»
|623.7rO594,001
885.360406,874183,864
Total |1,698,'.6'J !2,682,e69
VITBDRIWH FBOll WABICH008B AND THROWN INTO THK MARKET DURINOTHE SAME PRRIOD.
KanDfactares o( wool .
do cottondo aim..do flax. .
.
MlKeU'neonsdr; good(
613455148936
l,74i
$809,135138,Sid151.16415H,J07
40,:93
$698,6071,';67,95;
416858134
447326
4,296
5,861
$176,71677,171
114,009104,516
19,678
J49S,1191,692,168
$2,084,271
86431990
527474
1,701
7,038
8,742
{106.41089,62071,636100.04335,: 76
"403,48i8,638,869
}3,036,354
ToUlAdd ent'd for cons'mp'o
?,8S1
3.384
T^SOSTot. tbr'vn upon mark't 2,0^6,:58
SNrSRED FOR WAREHOUBINO DnRINO SAME PERI D.
Mannractares of wool.CO COttOLdo rilk..do flax .
Xlscell'ueone dry good!
85
1
416U<>600353
$257,261141,579»8,('oi
140,6,585,^94
80126S91
5806,651
7,4434,v9o
M,730
$120,49571,59486,03948.6i7
3J,ai2
1l..5.96:1,592,163
tl,958,119
441891
19539831
6
l,7!-5
7,038
8,S:«
$195,600111,321
183,21998,(5244,697
$663,389S,63;!,869
$3,288,258
TotalAdd ent'd fur eons'mp'n
2.1798.384
5,563
$708,8011,367,951
ToVl entered at the port J8,0;0,75i
napuria of AieitaiitK Arltcl«».
The following table, compiled from CoBtom House returns,
howB the foreign imports of leading articles at this port since
Jannary 1, 1879, and for the same period in 1878:
ITheqaanMtvlB elven In i)»»p>ca2e<» whwn not otherwise Bpecifled.l
Cblna, Qlaae andSarthenware—
ChinaBarttaenware..GlaaeGlaeeware6laa< plate
BalionaOMl,tonBCocoa bage....Coffee, bagBOotlon.baleBDruga, Ac-Bark, PeruTlacBlea. powderB..CochinealCream Tartar..QambierQam, Arabic...IndigoMadder&Ext.ofon, OliveOpium8oda,bi-caib...Soda.aatBodaaab
Fax.ForiSannT clothHairHemp, balesHidea, &c
—
BriBtleaBides, dreseed.
India rubberiToryJewelry, Jbc—Jewelry ..., _..Watches
LineeedlIolasMJk
SinceJan. 1,
18:9.
682
1,495
e,tl;8,5^^
197
775
2,5992,476
191,71614
6,420
1,174
314
ll',8J8
iS)
581
6U42,3:9192
2.1(5
6.350
5,73 (
2156 8100C6J
18,70^
74341
6.800
78
W49
83,3039.5
Sametime1878.
748,V8I
24,5i4
3,106'.5
8486.1b7
1,513
163,024ub
2,07)
2.715
2.6
3,6.W
117
1,6»4
1744,<li6
174
2,1806,8187,706
411
717
'iao
11,171
164
5716,161
164
S37
65
26,049660
Metala, Ac-CutleryHardwaieLead, plgpSpelter, IbBSteelTin, boxesTin8lab8,lb8..
Paper StockSugar, hhdB, tcs. &
bbls.Sugar, bxB & bagsTeaTobaccoWasteWines, Ac-Champagne,bkt-.Wines
Wool, balesArtidet reported *»valve—
Cigars ..
CorksFancy goodsFishFruits, Ac-LemonsOrangesNutsRalBins
Hides. undxCBsed.
.
RiceSpices. Ac—CassiaGinger.Pepper
SaltpetreWoods-CorkPUBtlCLogwoodMahogany
sinceJan. 1,
1879.
43654
80077,3185,830
74,846998,5.16
11,-307
22,695199,60116,383
8,74043
4.961
6,6553,6C6
$124.704
6,68058, 67
29,018
30.F39
lc8.6l)0
113,842151,296
l,119,i«7
6,816
24,03 -i
10,464
96,316
24,573
42,5038,il8
7i,'»6
683
Sumetime18,8.
60177
2,80-J
217.5824 051
1 id, 107
1,:83,312n,67o
17,328
301,7b891,1.96,614
6,9739,891
3,128
$137 841
1,1;9
66,73373,513
46,881203,5-2
103,63l.yl,6j3
1,434,119
I4,9u2
86.1738,151
25,96320,i33
51.4872,8,2
1226768,703
Exports of ProTtsions.The following are the exports of provisiona from New York,
Boston, Baltimore, Philadelphia, Mon'real, Portland and NewOrleans for the week ended F^b. 1. 1879, and th-ir distribution •
To—
LlTerpoolLondonQJaeuOi?BrirtolHallBrltiabPorUAntwerpButtetdiim. ...,,,.,,.,...llambarg *,*,
Br, men \\]'
Amaierdam« \,
HavreB>,rdeaax
]
LlabOQBiirrelonaContinental PortsSnulh and Cent AmericaWest IndteaBrltlthN A. Colonies...Other coonuieiL
VoUlweekTrrw\emwari
Pork,bbls
1,34
11948:1
1>3
'»'
21ai7lir
t
S74
4132,439
BeefbblB.
1,645197
(83
IRf'
IWS;240
189
S04
«,m 3,749 10,84'.«OS6.69> 8.4gl 6.8-.6.B97
Lard,lbs.
2,' 94, T.O
27U,4tO
15,60;
82',66o
9» 1.850SI9.3I0
700.0001,4:3.014
1,666.906
e,6oo
1.886,040
887,016297,178
i.eoo
1,628,67118,917
196,883
1,200
3l,65<i,5l4
15.800.695
Cheese,lbs.
1,861,
6,
166,
92,
1,860
KO
10,406
2.5,844
2,187
1,6«»,T3:l,893,88t.
Tallow,Ibf.
8R4,:00
83.0<
sin.MOo
187,500
297',i'00
28:,900a^5.3Ull
596,300
£11,600
32,20645,0(IU
S64,K0O
66,01011,161
Receipts of Leading Articles of Domestic Produce.
The following table, based upon daily -eporls made to the
New York Produce Exchange, shows tbe receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with t'le week for exports); also
the receipts from January 1, 1879, to th it day, and for the correa-
ponding period in 1878:
AsbcB ...bbls
Beans bblsBreadstuflTd
—
Flour, wheat bbls.
Corn meal bbls.Wheat bush.Rye bushCorn buah.Oats boshBarley and malt hushPeas bush.
Cotton bales.
Cotton feed oil bblsFlax seed bags.GrnBB seed. bagsHides No,Hiaes bales.
Hups bales.
Leather sidesLead pi<nMolagses hhdB.Molasses ..bbls.Naval Stores
—
Turpentine, crude bbls.Turpentine, spirits bbls.Ro.ln , bbls.Tar bbla.Pitch bbls.
Oilcake pkffa.Oil, lard bbls.Uil, whale calls.Peanuts ....DashProvisions
—
Pork pkgeBepf pligs.
Cutmeats pkgt*.Butt*- r pkgs.Cheese pkgeEgg' 'bU.Laid tcs.Abble.Lard kegsHog^, dressed No.
Rice pkgs.Spelter slabsSiearine. pkgs.Sugar bbls.Sugar hhdsTallow pk'S,Tobacco bxe. and cases.Tobacco hhds.Wh »key bblK.Wool bales.
Week encingFeb. 4
4,878
97,4ft3
4,149
74l,E5021,:57
676.S66167,262248,29723,49288.493
510241
8.5773.7962,9382,471
80,8-38
6,547
2,280
'S304,65773664
9,4^5521
Since Jan, 1,
1879.
3,982
6,191
94657,60427,1512
28.5S31,^01
22,6 16
5726,976606
2,34938«1
3,9143,19'J
1,615458
8,: 791.831
55710,250
.397,064
16.117
8,598,01061.825
1,513,!>12
488.196614,19767,604180,7^36,36)8,276
2!.,541
33,2889,7M9,113
431,079339,103
86i«88
1804,180
81,9332.116287
31.3:8l,t>64
Same timelaat year.
3619,006
420,S-11
15.0064,881,000
58.8981,787,674.^78,900
677,27237,602145,188
80,44«2:.96611,48016.848
446,842
11,753
23,7444,0!.9
121.244t9,43711.<87
114.^)83.1:7
30,6268,-97ll.MS4,202
.',62
11,.146
13.177
9,6072,195
3',.378
6,617
46,658
U»7,155
43,87$2,061
SO38.26S1,052
8,034
40,0406,215
174,14867.34768.17127.078138,174
8.66118,821
3,318
'2i56S
1616,118
I0.64011,6853.86215,0454,699
Exports or Leading Articles ot Domestle Produce.
The following table, based upon Custom House returns, showsthe exports from New lork of all leadin;,; articles of domestic
produce for the week endinj; with Tuesday last; also the exports
Irom the 1st of January, 1879 to the tame day, and for ths
corresponding period in 1878:
8,469.1771.788,680
Aches, pots bbls,Ashes, pearls bbls.Beeewax B)8,Breadsiufl'a-
Flour, wheat bblsFl, U', rye bblsCom meal bbls.Wheat.... bush.Rye bmhOa'B bnsbBarley bophPeas bushCorn bush
Candles pkgs.''oal tons.Cotton balesD .mestics pkgsHay talesHops bales.Nav I SUiree—Crude turpentine bbls.Spiiii^ turpeniiue bblsRosin bbls.Tar bbls.Hitch bbls
Oilcake cwts.Oils-Whale gals.Sperm gals.Lard g»i8Lin^eed ga'B.
Petro/eum g»ia.Pr, .vit-ions—Pork bb'eBeef bblsBeef , tier:et..Cutmeats . 'jjs.Bniter lb?Cheese Tbt.Laid lbs
Rice bbls.Tall.iw lb,1obacco,leaf hhdsTobacco bales and casesTobacco, masofactnred Ibe
.
Whalebone.... jbg.
Week ending Since Jan. 1, Same timeFeb. 4. 1879. latt year.
75 180 13922 22 66
2,811 2,91
:
l.%763
65,007 250,251 239,727iv6 IIS 716
4,557 17.759 22,044911,881 3,445,021 8,839,18649. 64 263.796 12<,9033,C91 15.803 19,078
1,217 131,6102.313 2 ,£39 S3,818
e£2,'53 2,163,759 1,468.4381.367 b.Mi 4,6188,493 7,2'<9 4,:i74
5,457 3U8;9 48,0151,304 15,>.70 8,4441,194 5,161 6,618481 4,eii4 11,204
100 100641 1,433 1,2:16
8.67 i 17,s41 12,o01
2<< 6>il 517eo 604 651
46,160 153,111 159,409
18.M*101 80.063 I46,9»6
85,839 107,418 29,246180 l.t.»6 60
2,757,2ifJ 13,065,096 11,518,768
8.847 22,061 84,8031.316 4.503 8.108879 4411 . 8.699
56,216,01,3 73,034.725 59,746.0351,'03.K'8 3 033,414 ; 99.3862.624,8:19 7,8<l,946 6,:48,086
10,029,791 30,911.601 3b,A6 1.233
00 1.8.-3 2,:i38
2,522,798 8,375,991. 6,584,509
906 3,4>« 6,657939 3,.591 7.370
117,-83 712,881 475.7616,991 83,581
FcnnoART 8, 1879.] THE (^HRONK'LR 155
U8NKHALPRICKS OUftitKNT
Poi, fitil icrl.. • tt. «\»BKKA.DHrul'K'S—Beatpaoiklropori.IIUILUINU UATKUIALH-tirioicit—Common &ftru,ADoftt..9 UOrotonPhllxlelphU
0«fn«flf— U t«4«ii<liile 9 bbl.L4m«— KocklAnd common. ...V bbl.
Itot-ttlrtod lluUhtnit..-Lumdtr-f\le.ii'AtM sx.dri V M It. 10 WlPiiif, HhlotilDK. l>t>z IS !)0
do tii.iy lioardi.com.tD (r'rl.onrh. 13
W
0»k fl M.lt.Ash, RoodBUCK WMlQUtSv'oc* boardt* planlii, cMbHemlook boardi , e«chMkpie V M.a.
JTolK—:a«(Ud.ccm.reD.* lb.* kegCIlncb.iM to 8 m.& loaferMAneCutAplkev.nlUlzei
raln(«-Ld.,wh. Am.pure, moll V 1»
Lead. VII., Amer., pure dryEIno, wh...\in»r, dry, No. t
Elnc, vli.. A m or.. No. 1, In oilParis white. Kr.4.,coId ...VlOOtt.
BUTTKK— (Wholoiaie Price*)—....^^^_
s 10 « a n; IX) • « iw2 Ui a M 00
Nominal.
* S :::.
• 80 DO• aoo• !0
• U OU• » UUSlSuOO• ri
• i«JS ou
• 2 15
«ec«
>S 0033 0075 00
\i14
XOOi 10
< 'a s ui 43i 4^
1
1 u I ss
18;i7
M>'.5
,.»»
N. r.Harbor.
7K*
itooa ....
pncea at
5 L. A w.Mhedale.
PortJobn^fn.
3 10i so2 so2 »2 (0
State. Ilrk ni, Koa(< tocholoe.... VIb. 16
W«4t'aerFami-ry('d toch " 21Wetihtbtate. good toprljia.... *' 14
Wwtern dairy, lair to pr " »
0BBB8I1-Btata factory,primetocholce...W«at«rn factory, g*a to choice..
OOAL.-Uyerpoolgar cannelLitrerpooi honor nannel ... .
AKTBRACiTK—Tke following will showlast auction or pre. eut scheluie rat^s;
Penn. 1).L.*W. I).AH.Schednlo. Auction. ScbedjileA ee- Jan. ,9.
h^w^cD.* Hobokea.8t'mb...«J 41) t: S> »....erate.... i .0 2 JO a; <0
Est • <0 2 80 91 40atora.... 2 80 2 ;s « ...
Ch'nnt... 2 to 2 3' (S< 40* 40 cents a-ldltlonal for dellvfry at New Tork.I L. * w. quJMtioas are (or Wilkesbarre coal.
OOPFiCK—itio, ord.car gld.Vftdo fair, do gold. **
do good, do gold. **
do prime, do gold, **
Java, mala gold. "Katlve Ceylon gold. "MexlCHn gold, "Jamaica gold. "MaracaiDo gold, *'
baguayra gold *'
St. L)'.tiningo gold. "Ravaallla gold. *'
Costa HIca goM. '
COPPBK-BOIU V ft.
Bbeattaing.new (overl2 OS)arailera'(oTer Koa.)American Ingot. Lake
CUTTDN—pee special report.UHUtiU A UVKS-Ainm.lnmp.Am V 100 lb cor 2 00 oAloes. Cape V &. gold. U aAioea. barb.tioea ** io QArsenic, powdered **
2 ^ttlearb. soda, Newcastle.l) 100 9> 3 7>) aBlobro. potash fiik cnr. liSiBleaching powdi>r VUOB. " 1 13 aBrimstone, ^n 's A 3r<l«,per ton.gold.a2 SU ^ 24 5JBrimstone, Am. roll «i>,.cnr. V4iCamphor refined ** 2'tSSCastoroll.K.I.lnboDd, «<gal,,gold. » a 1 00Canstlc soda V 100 B " 3 £0 a 3 t,7
Oniorale potash •' •• 16 ;5 « 16 ;0
....3
1,1)49
HHtIS 8IS 9II u14 910 e11 915 9
....9
"Xll«
<i17!6.>,
1<
1117
i:x
242>
M
2 I2M
2H
ii'
1 so
CJCblneal.HondnrM, slUer... *Goctatneal, Mexican **
Cream tartar, powdered cur.Cahebs, Kast India "
Catch gold.aambler perlOOlbsSinsengOlTCerlne, American pare.JalapUeorlce paste, CalabriaLicorice paste, SicilyUeorlce paste. Spanish, solid,,
Madder, nmch ,
Madder,PreachNatgalls.hlne \leppoOllTltnoUftfl Brimstone),,
.. -cnr.
. .gold
..cnr.
•
1^ 9
3 S2;ia1 OU 9
!6 923 926 929 9a 9•<X91 •I8X9IXf
26KIS«
4 CO1 20
17
2i29ii2S8319
Opium. Turkey .,.. (In bond), gold. 3 50 aPrasslate potash, yellow, Am.,cnr, 21 9Qalckstlver gold. 44 9Ualnlne cnr. 3 60 9Rnnbarb, China,good to pr.... " flo 9Balsoda, Newcastle. .Vluo n, riiold 1 031^4Shall Lac, 2d A 1st English. Vft.cnr. !8 9BoOaash «ilU0>,KOld 135 aRngarof lead, white, prIme.VIbcar aVitriol, bine,common " 9)^9
FIS1-Ur'dl)k.% 'George's >new)ood.VqtL 8 CO 9 4 25Mackerel, No, l.M. shore pr.bbL IJ lio it 20 00
I 50I ID
211 fi
3(1
6
Mackerel, No. 1, BayMackerel, No. 2 Mass.sboreMackerel, No. 2, iiay
Ralslas,Meaieas, perBOIb.lratldo Layetsdo Loosedo Valencia
Cnr rants.... ,.•,Citron ^Prnnes, l'arklsb,new
do PreachPatosFlgB, newCanton (Itnge .w • A hf.pots.V case.0<«r'ilne-, V ntlf t 'ic
Barol .e , V qaart ir box „Ma''«r.inl. inhan « »DomeMtic Driid—
Apple ,B^'U.bern, Bllred V ft.
no uo tiiiartersdo State, sllctil
do do Quarters,Faaebes, pared, iia.,ed toch'ce^d
do unparel kalTes and qri...Blacknerrle* .,,
Baap^rrlea4aierrle«, dry mixedi^mms.BtateWhortlebarrlaa „
14 CO5 SO6 50
8 10I S'<
1 65
99
99
- 9sxa19K«...9
»s....ai« 9
O 16 no« 5)7 lO
3 1SI 57X
•ix
6X13SX
IS
I *Itr*4X9
27 9!W 9:« •u •
44
9X
2321ISM
OONRlKli.—Sea ripori aadar CottonUAV-North Ulrer siilDi>i|ui V lOU ft 40 4t
HKMP AND JUl'K-Amerlcan dressud fitoa 9 ,,,,AmerlcuL undressed 9 ,,.,Kussla clean gold 2 .,.,Italian • .... 9Manila «» " ..,, • 6KBIsal " 4y« ..7.Juta " 3Sa 2X
HIDKB-Dnr—Buenos Ayrea.seleoted.Vft40ld itt<» 2OHMontevideo, do.... I>X* ....Corrlentes, do.... " 18 a I8HKloOrande, do.... " H 9 ISMOrinoco, do *' 19 aCalifornia, do,,.. " 19 9 19xMntamoras, do .. " l<xa II
ir<t;»aU«d-Baen. Ay, selected " 10 e lOXPara, do.... " 7 a 1HCalifornia, do.... " ..,.a <Texas, do cnr. 9 a 13
A, /,<(ac;t-Cal. klp«,slaaKht. gold II 9 UXCalcnttaklpa.deadgreen,.. " ....9 >
Caloatts.bniralo •• 8 9 SHHOPS—Now Torks, new crop, low to fair,., 7 a 9
do good to choice 10 9 ISEastern 8 9 12Weat«rn 8 9 13Olds all srowths 3 9 8Yearlings 4 « 6
INDliV KUBBEtt-Para,flae SO 9 51Para, coarse 8S 9 ....Ksmeralda, preMied, strip 43)<9Ouaynqull, p'eesed, strip 41 9 ,...Panamastrip 40 9Carthageaa, pressed 88 eNlcamgua, Hbeet 48 9 ....Ntcaraenn, scrap 41 9Hondnraa. sheet 40 9 41Mexican, sheet 9 ....
lKO^-•Pig,American, No. 1 V ton. 16 SO 9 19 roPig, American, No. 2 IS to a 16 51Pig. American, Korge 14 Hj a 15 mPig, Scotch It 51 9 22 00
tstore Prtceti.Bar, Bwedes,ordlnary Silas. .Vton. ISO 00 9132 50Scroll *lb. 2 5-109 5Hoop, HX'^o-^tol*:Xxl3Ai4 " 39 2 K-iO8heet,Kassla gold V ft l(i)(9 IdVSheet. single. double A tr'^ble, com. 3)^9 1
Kails. American ;• ton, car. 36 00 9 37 00Steel rails, American . 44 00 9LSAD-OrdlnaryloreUn » 100 lbs, gold 6 37X9 e 40Domestic, r.rmmon cnr. 4 62)^9 4 75Bar (discount, lu p. c.) Vft a mSheet '• ' 9 tXLSATHER-Uemlock.Baen, A'reB,h..m.Al.Vft. 19 a 21
" Uullforula, h., m. A 1 18X9** common iilde,h.,m. Al.... IS 9 20** rough a ....
Blanghtercrop 2S 9 27Oak, rough a ....
reiae,crop 25 a 26
MOLASSES—Cuba, clayed * gal. 14 a :oCuba, Mu»,,rean,grM8,50teet. " H S 24
do do grocery graUoa. " 20 <* ssBarbadoes " 18 9 31Demerara ** Nominal.Porto Rlno " 23 9 S3R. o.. com. to prime " 28 a 31
NAVAi. 8TOKKB-Tar, Washington V bbl. 2 CO a 2 2STar, Wilmington " 2i0 4 2aPitch, city " 185 a 190Spirits turpentine V gal a 30KosiD, strained to good strd.v bbl. l37Xa I 4!X
** low No. 1 to gi»od No. 1 " .... a 2 50•' low No. 2 to good I'o 3 " .... a I 67X'* low pate to extra p lie.. '* 2 65 a 4 iw
window glass.. ** 4 25 a 4 50NHTS—Alinondi>, Jordan shelled V lb. 44 9Hrazll 4V9 4KFlliierts, Sicily BJ^aWalnuts, Naples 10 9Pecan 4),9 12
OAKUM—Nary,U.S.NaTyAbest«». (S9 10sOILS—Cotton seed, crude V gal. 31 9 34Olive, in casks* gall '^
I 115 a 1 13
Linseed, casks and bbis *' 60 9 61Menhaden, crude Sound " 27 a 29Neatsloot, No. I toextra " (0 9 90Whale, bleached wlnT,er ** 47 9 SOWhale, crude Northern •• ,,.. 9 40Sperm, crude ** 95 a ....
Sperm, bleached winter '* 1 i>2 9 1 CSLard oil, Mos. 1 and 2 " 44 9 31
OIL C*KE—City, thin oblong,bags, gold, V ton a HO SOWestern, thin oblong (Dom.)cur " ,,..a 27 OU
PKTHOLEnM-Crude, In shipping order V gal. 8Xa 9Cases •• 11X4 isvRellned " ....a 9XNaph'ba.Clty, bbis ,...9 b
PKo VISIONS-Fork, new mess, spot V bbl. 10 99 9 ....Pork, exira prime ** ...9Pork, prime mess. West '• 9 ....
Beet, p ala mess " lOiO 9:0:^0Beef.extra mess * 10 30 a 11 50Beef ha^ns,Western " 17 SO a ,.Bacon, West, long clear Vft ,.,.'« 5
Hams. smoked * iX*Lard. City ateam " ...» (1)
Carolina, fair to prime Vft, IJit 6i<
Louisiana. lalr to prime " f)(t ()iRangoon, In bond,.... V IK ft 8X * >XPatna, only paid " —
9
....
SALT-Turk'slsland V bnsb 9 80St. Martin • ....Livarnooi.Aihton'sflaa Vtaok 9 3 90
SB^US-Clover, Weatem Vft. Cxa 7Clover, New York SUtc 7X9 7XTimothy V bush. I 2i a IS'Canary, Smyrna. 1 55 9 1 60Canary, Sicily 2 0' 9Cdniry, Saanikh 3 10 a 2 23
Canary, Umch 9 1 60Hemp, foreign -,,,9 ,...
Flaxseed, American, rough... 1 42)i9Linseed, Calcaiia V5>>. geld. 19) 9 2 Oil
Unseed, Bombay VMft..|}Id. .,.9
SALTPBTHR-lleflned,pare Vft 8 9 (Cmda par 100 lb.gol<: 6 00 «Hltralasoda " " 1 2: 9 ,,,
SILK-Tsatlees , No. 3 ITone.TavMaaniN. No, I NonaRe-reeled Tsatlaes, beat_ 9 oO '« tMKa-ra«lad Conaoon, Mo. I Moi*.
8PELTRU-K»"'»?, looft.goid. snxa 109Domestic, common car. < 7S^ 410
8PICE8-Peppar, Batayla. V ft, gold ....ado Blnaapura 9 tft/do whUe .lis li"
Uassla, China LIgnea , 9 jndo Batavia IS 9 30
Ginger, African 9 51Vdo Lalcntla 9 jMace 9 toNutmegs, Batavlaand Penang 80 9 13Pimento, Jamaica 19X9 MCloves 40 9 43do stems 9 M
SPIRITS- . gold,—
—
Brandy, foreign brands V gar. 3 75 9 17 00Hum—Jam. ,4th proof " 4 Ml 9 8 00St.Crolx, 3d proof ... ' 8 30 9 4n
Bin •• 80O S taWhiskey, Scoti-h ••
f 80 Ado Irish " 8 60 3 in
Domegtie liquor^-'Alcohol Vgall. 3ri 9 ....
Whiskey " lll» 111
8TKKL— Stort PrumEnglish, caat,2dAlstquallty Vftgold I4H9 1*BngIUh,snrlnK,2d A istqnallty,, " 6149 t%English blister, 2d A Istqnallty,, " 9 9 14English machinery " 9)49 lOXEngllshOerman,2<l A Istqnallty " lUXft IIKAmerican bllstf^r car 9 IAmerican cast. Tool 9 18American caRtsprlng ...9 10Amerlcai; machinery 9 ....
American tverman spring 9 ....
8nGAB-Inferlor to common reanlDg„..V ft. 5Ka (UF-lr •' ....9 •)?Oood refining " .9 %%Porto I'.lco. refln , fair to prime " tn t mKoxes, c'ayed, Nos. I0@t2 " exa tjlCentrifugal, Nos. '913 " 7 9 TWMelado " 4 9 9MManiln.sup.ani ex. sup **
5)4a 8WBatavia. No» li®12 " 7 9 7XBrazil. Nos. 9@1l " fx« %n/J'/Ined—Hard, crushed • !>)<»Hard,powdered " 8)^4 ....do granulate! *' 8)49 ....do cntloaf " 9Jig ....
Cofiee, A. standard " 8J<a 8Kdo off A " 7X1 8)2
WhlteextraC .,•.... •' 1H» '1%
FxtraC " 6K» 7H"C" • 6h« •S
Yellow " 6Xa 6KMolasses sugars ** Koae.
TALLOW-Prlmeclty V ft. 6X®
TIN-Banca gold. Vft 8 f.StralU " 14vl|English ,refined '• MiismPlates. I. C, coke Vbxgd.SSU 9 $ soPlates,cbar,terne **
S is a 9 DO
TEA—Uyson,Commoa to fair car,V3 18 9 U
do Superior to fli<e 26 9 Sgdo Extra fine tA finest 85 9 40do CholceBt..,. Nominal.
fuung Hyson, Con.. to fair 16 <^ 21do Super, to fiue 25 a 33do Ex. Uneto finest 35 a 45do Choicest NomlniU.
Bunpowder, com to fair 16 9 25t^o Sup.tofine 3i> 9 33do Bx.flne to finest 43 a 60do Choicest Koicloal.
I.nperlal.Coni.to fair IB 9 'ii
do Sun. to fine 2i 9 6ido Extraftne tofinest 3-19 IS
pyson Skln.A Twan.-com. 10 fair. 14 9 IS
do do Sup. to fine 16 9 17
do do Ex fine CO finest ... Nominal.ancoloredJapan.Com.totaIr,.,,,. 17 9 22
do Snp'rtofine 26 9 83
do Bx.flnetofinest £• 9 46Oolong, Common to lalr 13 9 3
do Superior tofine ., ^69 88do Ex flneto finest 85 9 49
do Choicest Nominal.BoncA Cong.. Com. to lalr 18 9 »
do Sup'rto fine 27 9 »do Ft. nn»to finest 40 « Mdo Choicest 55 o TO
TOBACCO-Kencucky lugs, hearr Vft 8X9 >>
leaf, " com,ta(lae, :X3 13J<Virginia Leaf-
Lug-^, cnmmon to fine 2 ®DarK wr.'pper' ., 12 (4 ' 15llright wiapp''rs, commin to flue. IS 9 45
lara, i and Hi ut«, aaaoned 7-'S9 75
Havana, com, to fine 80 «» 1 noManufac'd, In bond, black work 11 9 3S
" " bright work 14 9 41
WOOL—American XX Vft 38 9 8(American, N us. 1 A 3 27 9 >American,Combing 34 9 4*Extra, Palled 80 9 n -
No. t. Pulled n 9 aCalifornia, Spring Clip-Superior, unwashed 33 9 'BFair 18 9 3«Inferior 15 9 ITBarry Ii 9 1«
Sjath Am. Merinc, unwashed VS 9 88Cape Good Hope.nnwashed 2^ 9 S8Texas, fine. Eastern SL • 2Texas, medium, Baatam .0 « ISSmyrna.unwaahad gold. 13 9 U
FREIGHTS- .—a-naM ^—aail.— -»InLiTBSFOoi.: «. I* " • •* ». ".
Coron Vft. X«»-S3 ....9 MFlour V bbl. a v «... 19 9 „..UeaT3' goods. .V ton. 23* 918 19 9 <«•Corn.blk A bga. V bu. 9VS, 9 \AWheat, b&lk A bags.. 9M • 8Boat V tee. (8 S • ....Poik V lb. 4( # • ..TC
156 THE (JHRONlCLbl. [Vol. XXVIII.
Conimcrciul Cardn.
Russell & Co.,C on MISSION nERCHAiNTS
AND SHIP AGENTS,Hone Kong, ranten, Amoy, F^octaoir
Snanelial and Haiikonr, China.Boston Agency, J New York Agency,
J. MURKAY KOKBES.J 8. W.POMEROY JR..30 CmxTBAL Stbiit. S 59 Wall St., N Y
Hong Kong & Shanghai
Banking Corporation,Head OflSce, Hons Kong.
AGKNT,8. W POMEROV Jb.. f.9 Wall St., N. Y.
Charles E. Parker,COMMISSION MERCHANT,
44 Excbanse Place, BOSTON.Post Office Box 2.634.
Olyphant & Co.,COMMISSION MERCHANTS,
Wtong Kone, S«hanghai, Foocbour andCanton, China.RBPBKSKKTKD BY
OL,YPHAN'T A. CO., of China,
104 Wall St., New York.
Brinckerhoff, Turner
& Co.,UaDufactureri trnd Dealers Lo
COTTONSAILDUCKAnd all kinds or
COTTON CAN V/,S. KKLTISO DUCK. CAR 0O> KJi
l«O,BAO01NG. RAVENS OUCK. SAIL TWIN KB•C. "ONTARIO' 8EAMLF83 BAGS.
' iWNJNG 8TKIPK8.'
AiBo. Aifents
Vnlted Statea BiinlinK Compauj.A '^Jl sopplT »!1 "VldthB and Colors alw»y> In stoct
No. ion Ouane Street.
E.R.Mudge,Sawyer&CoAGENTS FOR
Waaliiiistou ;t)t||k, <^hicopce nrs Co.,Kurlliigiou Woolen Co..
Ullerton New nillii,Atlantic Co ton nillii,
Saratosa Victory Mlg Co.,
Honlery. Shl'tn and nrawer*1.KW v,.o£'''°™
Vartous Mills.HKW YORK. Bl.o.ON.« WhIT« STRysT 15 CBiOiOSY ST.. ^ ™ „ PHILADKLPHIA.J. » W. DATTiiN. -ai) chkstnctStrert
George A. Clark & Bro.,
miLWARD'S HELIX NEKBLES.400 BROADWAY, NEW YORK.
MANCBESTER
Locomotive Works,MANDFACTURESS OF
lioeomotlres and Amoakeas SteamFire EnKlnea,
MANCHESTER, JT. H.AlBESTAS BIiOOD, \f. G. niKAN^
UAQohester, 40 Water street, Bo«ton
John Dwight & Co.,MANUFACTURERS OP
SVPER-CARBOXATEor
SODA.No. II Old Slip, New York
L*** Jobfrlng Trade ONL^ SnppUed.
Financial.
UNION TRUST CO.OF NEW YORK,
No. T3 Broadnrar, Cor. Rector St.
CAPITAL, - - -~T . . $1,000,000.
HAS SPECIAL FACILITIES FOR ACTING AS
Transfer Agent and' Registrar of StociiS.
Authorized by law to act as Executor, Administra-tor, Guardian, Receiver, or Trustee, and Is a
JLEGAL DEPOSITORY FOR MONEY.Interest allowed on Deposits, which may be made
and withdrawn at any time.N. B.—Checks on this Institution pass through the
ClearlnK-House. EDWARD KING, P/'eaiJent.J. M. McLean, 1s( Vice-President.Wm. Whitewbight, 2d Vice President.
EXECUTIVE COMMITTEE.J. M. McLean, Samuel Willets,AlTQtrSTUS SOHBLL, Wm. WhiTBWRIGUT,E. B. Wesley, Geo. Cabot Ward
G. <i. Williams.
J. H. OGII.VIE, Secretarr.
The Brooklyn Trust Co.Cor. of Montague ft Clinton nta., Brooklyn. N. Y.
This Company Is authorized by special obarier to t»i t
*8 receiver, trustee, guardiAc, execuior or admli:it-trator.It can act as agent In the sale or management of real
98tate, collect interest or dividends, receive reglstrj4Qt* transfer books, or make parchoscaodsaleofGov-amii. tni aid otner becurities.Religious and charitable tDBtltntlons, and persont
auaccuatomed to the trantfaction of business, will finethis Company a safe and convenient depository formoney. KIPt.KY KOFKS, President.
CHA8. K MAKVIJS', Vice-Pres t.
3DeAB M. CviAjMV. Counsel.TKUSTEK8
:
J. 9. Rockwell. Henry Sanger. Alex. McCne,John P. R»lfe, C:3a8. U. Marvin, A. A. Low.Thomas Sullivan, Aiim. B. Baylis, Henry K.Sheld,.na. K. Pierrepont, DanM Chauncey. John T. Mania.Hex. M. White. Joslah O. Low, Kipley Ropes.
Aiutln Corbin. Kdmund W. Corlles.Wm. R. BUNKER. beureUry
R.T.Wilson & Co.,BANKERS AND COMMISSION MERCHANTS
2 Exchange Court, New York.
WALSTOH H. BBOWN. FRED. A. BBOWN.
WalstonH.Brown&Bro.BANKERS,
34 Pine Street, Tiew York.
SPECIAL ATTENTION GIVEN TO THE NKQOTIATION OF
RAILROAD SECURITIES.
HilmerSjMcGowan& CoBROKERS m
FOREIGN EXCHANGE AND GOLD63 \raU Street, New York.
(P. 0. BOX 2,S47.)
Special attcHUon paid to the negeUatlon of Coicmerclal kUla.
Geo. H. Prentiss,
Room 23. 30 BROAD STREET.
GAS STOCKSA SPECIALTY.
Brooklyn Secnrltles Bonght and Sold
'et.
C^ Co.BANKERS,COE. OP WALL STBKET AND BROADWAY
New York.TruuMti General Banking Business, including the
purchase and sale of BTOCKS, BONDS and GOLDfor cash or on a margin.
loTeatment Securities For Sale.P. o. BOX i,in.
A. M. KnxDiE. C. yTMoUnjjks, J«. W. Tbask
Financial.
E . S. Bailey,7 PINE STREET.
Deailugs tn
Insurance StocksA SPECIAf.TY.
Cash paid at once for the above Securities; or tneywill be ?old on comralsslou. at seller's option.
J-D. Probst & Co.,52 EXCHANGE PLACE,
NEW YORK,
Transact a General Banking and Brokerage BuslncES In Railway Sharea and Bonds, GovernmentSecurities and Gold.
Attention given to Miscellaneous Secnrltles.
John B. Manning,BANKER AND BROKER,
No. 14 lYall Street, New York City,SOUTHERN SECURITIES
A SPECIALTY.State, Municipal and I'allway Bonds and Coupons
bought and sold at beat market rate. Investors ordealer.! wishing to Duy or sell are Invited to communi-cate with UP.Member of the New York tock Exchange.
Wm. Fisher & Sons,BANKERS ,
And Dealers In Governments, Coin, &Investment Securities,
Opposite Second St. a SOUTH STREET,BAtTimORE, niD.
Purchase and sell Governments and Coin.Gold constantly kept on hand for the supply of Mer-
chants, for duties.Bonds and Securities of every description bought
and sold on Commission Orders, w'jlch have directpersonal attention.Especial attention Is given .o Investment Securities
of the higher grades, quotations for which are fur-nished as required.Correspondence solicited.
Steainsliips.
Direct Line to France.
Tlip Hftii;Tal Trans-AUantic Coiiipauy's
Mail Sieaiusliipg,
BETWEEN
NEW YORK AND HAVRE.The splendid vessels on this favorite route, for the
Continent—caolns provided with electric bells—willsail from i'ler (new) No. 42 North Klver, foot ofMorton sireet. as follows:
CANADA, Franvuel Wed , Feb. 19. 3:30 P. M.AMEUIQUE, Delora He!.. March 5. 3 P. M.LibRAtiUi:, SangUer Wed.. March 19, 3 P. M.PRICE OF PASSAGE IN GOLD (Including wine):To Havre—First cublu, JIOO; second cabin, |ri5; third
cabin, $33 ; steerage, $26—Including wine, bedding andutensils.Return tickets at very reduced rates, available
for twelve months. Steamers marked thus (') do notcarry steerage passengers.For passage and freight apply to
LOUIS DEBEBIAN,Agent, 55 Broadfray.
Atlas Mail Line.
BI-MONTHLY SERVICE TO JAMAICA, HAYT',COLOMBIA and ASPINWALL, and to PANAMA anuSOUTH PACIFIC PORTS (vis Asninwall.)Plist-clagp, full-powered, Iron screw steamers, from
Pier No. "il. North River.For Hayti, Colombia, Greytown (Nlc), Isthmus ofPanama and South PaclQc Ports, via Asplnwall :
AILSA Feb.8l ANDES Feb. 13For Klneston (.J:in).) and Haytl:
CLARIBEL Feb. 13IATLAS Feb. 37
buperxui first-class passenger accommodHllon.PIM, FORWOOD <ft CO., Agents,
No. 56 Wall . treet.
Metropolitan ElevatedRAILWAY.
OPEN FROM 5:31) A. M. TO 18 P. M.Rector Street—Nearest point for Wall St. Ferry an4
connects with the cars for South Ferry, CortlandtStreet—Nearest point for Jersey City and Communl-paw Ferries. Park Place. Chamberj Street. Frank-lin Street. Grand Street. Heecker Street—Connectswith cars for East and West. Klghtu Street. Four-teenth Street. Twenty-Third Street. Thirty-ThirdStreet. Forty-Second Street—Connects with NewYork Transfer Company's cabs for Grand CentralDepot. Fiftieth Street. Fifty-Eighth Street.i or dowatowB trains take west side stations.
FAKE, TEN CENTS,Except between the hours of 5:30 to 7:30 A. M. and 5 to
7 P. M., when the fare Is Five Cents.
« ^.„ ^^^r„r7','^- K- GARRISON, President.M. VAN BBOCHLIN, Superintendent.