april 22, 1876, vol. 22, no. 565 - fraserfraser.stlouisfed.org/files/docs/publications/... · 2018....

32
1 \^ . a AN I xmmt HUNT'S MERCHANTS' MAGAZINE, REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE U^f!TED STATES VOL. 22 NEW YORK, APRIL 22, 1876. NO. 5H5 Financial. THB National Bank-Note Co., (INCORPORATED NOVEMBER, 1859.) OFFICE, No. 1 WALI. STREET, NEW YORK. I^SKATERS or THS Caltcd States Bonds, Notes, Carreiioy and National Banh Notes. EsORiVISO AND PriSTINO OF BANK-NOTES, STATE AND RAILHOAD BONDS, POSTAQE AND RETENTTE STASfPS, OEBTUTCATES, DRAFTS, BILLS OF EXCHANGE, AND COMMERCIAL PAPERS, in the highest stylo of the art with epeclal safe- gitardi devised and patented, to preTent counter fciting and alterations. This Company engraves and prints bonds, poetage etamps and paper money for Tariona foreign Governments and Bankinp; Instltatious—South American, European, West India Islands, Japan, itc. CommunteaHont may he addressed to thU Company in any language. J. H. VAN ANTTTERP, Pres't. J. MACDONOl GH, VIce-Pres'ti A. ». SHEPARD, Treasurer. rSO, E. Ctj'RRIEB, Secretary. Greenebaum Bros.& Co., BANKERS, 1 Nassau Street, New Tork, (COBirSB op WAU. 8THIST.) CBIO&GO HO0SE: HENKT GREENKBACTM A CO Usue Bills of Exchsnge, Travelers' and Commercla! Cremts, also Telegranhic Transfers of Money, avail able Id the leading cities of Europe and the Ualted States. Deposit accounts received on favorable terms. We otter for sale a limited amount of TITest Clilcago Park T Per Cent Rands, Due 1890. Financial. Financial. Trask 6c Stone, BANKERS AND BROKERS, No. 7 NEW STRKET, NEW TOBK, Transact a General Binklng Butlness. STOCKS, BONDS and OULO Bought and Sold on CommUtlon, and carried on Margins. Deposits Received au't Interest Allowed. tr Accounts of Country Banks and Bankers re- ceived ou favorable terms. Lancaster J Saunders & Co BANKERS AND BROKERS, 66 Broadnray, Neiv York. SOUTHERN AND MISCELLANEOUS SECURITIES Bought and Sold on Commission. VIRGINIA STATE AND RAILROAD SECURITIES A Specialty. Iioans NeKotlated. Smithers & Donald, BANKERS AND BROKERS, No. 3 Broad Street, New York. STOCKS, BONDS, GOLD. &c., BOUGHT AND SOLD FOB CASH OR ON MARGIN. R»fer. by permission, to the Agents of the Bank of Montreal. X0MUK1> D. lUNDOLPQ. HOWXLL W. B1CKI.KT WILLIAM J. BLACS. E. S . B A I L E 85 WALL STREET Dealer in Fire and marine Insurance stock and Scrip «« SPECIALITY." Gash paid at once for the above .lecaritles ; or the will be sold on commiiwion, at sellers option '^eW-VoP'^ OOWN-'WM. '•'//UDEIPV^^'' JouN EWBK, Jb., William p. TtrrTLE, Member Stock A> Gold Ezch. Member Stock ExchAiiiie EWEN & TUTTLE, BANKERS AND BROKERS, W«. 63 Broadway and 21 Nevr Street, Buy and sell Stocks, Bonds and Gold on commission luteresl allowed on <*epoiits. .Andrew Stuart & Co., HANKERS, 34 PINE STREET, NEW^ YORK. DRAW EXCHANGE ON DAVID STUART & CO.. Liverpool, Pajabie In London. Advances Made on Consignments. Stout & Thayer, BANKERS AM» BROKERS, 38 Broad Street, New York* Buy and Sell STOCKS, BOKOS and GOLD on Com. mlBtjlOQ. Deposits received on Interest, subject to Clieclc. ^ —-.- -— . m J. H. Haaf. J. Henostlir. R. M. Bavex, Member Gold Exchauge. Member Stock Exchange.. Haar & Co , BANKERS AND BROKERS, No. 43 AVall St. DE.\LERS IN SPECIE AND IXITKD STATES SK- CURITIES. BUY AND SELL STOCKS, HONDS ANI> GOLD FOR CASH, OH ON MAIJOIX. S1'K(:I.\L AT- TENTION i'AU> TO oi;iJKi;s n)i{ in vkstmknts. ORDERS EXECUTED AT THE I'HILAUELPHLA AND BOSTON STOCK E.XCHANOES. Charles G. Johnsen, nERCIIANT AJVD BAXKER, 166 GRAVIER STREET, NEW ORLEANS, I A, Sherman & Grant, BANKERS, AVASHINGTON, O. C. GXSBSAI. EZCUANOB AXD PiVKINO BtTBISBSS. CuLLBCTIOWft i*,- *LL l-Oi«T8. G. Amsinck & Co., 150 Pearl Street, New York, AGKNTS FOB THE LONDON AND HANSEATIC BANK, (Limited). -LOM DOM. Wm. W. Wakeman & Co 22 WUIIam St., New York. CALIFORNIA AND NEVADA MIKIKG STOCKS BOUGHT AND SOLD ON COMMISSION. Q^iotations of all tbe active stocks of the San Fran Cisco Stock Board lurnisbod by mall to ao-y partjc desiring the Information. Hilmers, McGowa n & Co BROKERS IN FOREIGN EXCHANGE AND GOLD 54 Wall Street, New York. (P. O. BOX ^,84;.) Special attention paid ui the negotiation of Com. merclal bills. G. BCCEIKOnAM, Jb. Sdwasd B. Undbkuiu. Buckingham& Underhill (.Members .\ew York Stock Eichsuge.) BROKERS IN STOCKS, BONDS, &O L D ». AND OTHER SECURITIES. No. 16 Wall Street, New York. / Levy & Borg, as Escbanse Place, BROKERS AND DEALERS IS ALL KINDS UF »0|;THEKN and mSCELLANEOUS SECURITIES NEW VOKK. lU Fearl Street. BOSTON, 70Sla.e6Ueet GOSSLER & Co., OCRREsroNDBNTB OF International Bank or iiamburBand London, (Limited.) HODSB IN EUROPE, JOHN BERENBERG, GOSSLER dc HAMBDBa,

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Page 1: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

1

\^. a AN I xmmt

HUNT'S MERCHANTS' MAGAZINE,

REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE U^f!TED STATES

VOL. 22 NEW YORK, APRIL 22, 1876. NO. 5H5

Financial.

THB

National Bank-Note Co.,(INCORPORATED NOVEMBER, 1859.)

OFFICE, No. 1 WALI. STREET,

NEW YORK.I^SKATERS or THS

Caltcd States Bonds, Notes, Carreiioyand National Banh Notes.EsORiVISO AND PriSTINO OF

BANK-NOTES, STATE AND RAILHOAD BONDS,POSTAQE AND RETENTTE STASfPS,

OEBTUTCATES, DRAFTS, BILLS OF EXCHANGE,AND COMMERCIAL PAPERS,

in the highest stylo of the art with epeclal safe-

gitardi devised and patented, to preTent counterfciting and alterations.

This Company engraves and prints bonds, poetageetamps and paper money for Tariona foreignGovernments and Bankinp; Instltatious—SouthAmerican, European, West India Islands, Japan, itc.

CommunteaHont may he addressed to thUCompany in any language.

J. H. VAN ANTTTERP, Pres't.J. MACDONOl GH, VIce-Pres'tiA. ». SHEPARD, Treasurer.rSO, E. Ctj'RRIEB, Secretary.

Greenebaum Bros.& Co.,BANKERS,

1 Nassau Street, New Tork,(COBirSB op WAU. 8THIST.)

CBIO&GO HO0SE: HENKT GREENKBACTM A CO

Usue Bills of Exchsnge, Travelers' and Commercla!Cremts, also Telegranhic Transfers of Money, available Id the leading cities of Europe and the UaltedStates.

Deposit accounts received on favorable terms.We otter for sale a limited amount of

TITest Clilcago Park T Per Cent Rands,Due 1890.

Financial. Financial.

Trask 6c Stone,BANKERS AND BROKERS,

No. 7 NEW STRKET, NEW TOBK,Transact a General Binklng Butlness.

STOCKS, BONDS and OULO Bought and Sold onCommUtlon, and carried on Margins.Deposits Received au't Interest Allowed.tr Accounts of Country Banks and Bankers re-

ceived ou favorable terms.

LancasterJSaunders& Co

BANKERS AND BROKERS,

66 Broadnray, Neiv York.SOUTHERN AND MISCELLANEOUS SECURITIES

Bought and Sold on Commission.VIRGINIA STATE AND RAILROAD SECURITIES

A Specialty.

Iioans NeKotlated.

Smithers & Donald,BANKERS AND BROKERS,

No. 3 Broad Street, New York.

STOCKS, BONDS, GOLD. &c., BOUGHT AND SOLDFOB CASH OR ON MARGIN.

R»fer. by permission, to the Agents of the Bank ofMontreal.

X0MUK1> D. lUNDOLPQ. HOWXLL W. B1CKI.KTWILLIAM J. BLACS.

E. S . B A I L E85 WALL STREET

Dealer in

Fire and marine Insurance stockand Scrip«« SPECIALITY."

Gash paid at once for the above .lecaritles ; or thewill be sold on commiiwion, at sellers option

'^eW-VoP'^ OOWN-'WM. '•'//UDEIPV^^''

JouN EWBK, Jb., William p. TtrrTLE,Member Stock A> Gold Ezch. Member Stock ExchAiiiie

EWEN & TUTTLE,BANKERS AND BROKERS,

W«. 63 Broadway and 21 Nevr Street,

Buy and sell Stocks, Bonds and Gold on commissionluteresl allowed on <*epoiits.

.Andrew Stuart & Co.,HANKERS,

34 PINE STREET, NEW^ YORK.DRAW EXCHANGE ONDAVID STUART & CO.. Liverpool,Pajabie In London.

Advances Made on Consignments.

Stout & Thayer,BANKERS AM» BROKERS,

38 Broad Street, New York*

Buy and Sell STOCKS, BOKOS and GOLD on Com.mlBtjlOQ.

Deposits received on Interest, subject to Clieclc.^ —-.- I -— . m

J. H. Haaf. J. Henostlir. R. M. Bavex,Member Gold Exchauge. Member Stock Exchange..

Haar & Co ,

BANKERS AND BROKERS,No. 43 AVall St.

DE.\LERS IN SPECIE AND IXITKD STATES SK-CURITIES. BUY AND SELL STOCKS, HONDS ANI>GOLD FOR CASH, OH ON MAIJOIX. S1'K(:I.\L AT-TENTION i'AU> TO oi;iJKi;s n)i{ in vkstmknts.ORDERS EXECUTED AT THE I'HILAUELPHLA

AND BOSTON STOCK E.XCHANOES.

Charles G. Johnsen,

nERCIIANT AJVD BAXKER,

166 GRAVIER STREET,

NEW ORLEANS, I A,

Sherman & Grant,BANKERS,

AVASHINGTON, O. C.GXSBSAI. EZCUANOB AXD PiVKINO BtTBISBSS.

CuLLBCTIOWft i*,- *LL l-Oi«T8.

G. Amsinck & Co.,150 Pearl Street, New York,

AGKNTS FOB THE

LONDON AND HANSEATIC BANK,(Limited).-LOMDOM.

Wm. W. Wakeman &Co22 WUIIam St., New York.

CALIFORNIA AND NEVADA

MIKIKG STOCKS

BOUGHT AND SOLD ON COMMISSION.

Q^iotations of all tbe active stocks of the San Fran

Cisco Stock Board lurnisbod by mall to ao-y partjc

desiring the Information.

Hilmers,McGowan&CoBROKERS IN

FOREIGN EXCHANGE AND GOLD54 Wall Street, New York.

(P. O. BOX ^,84;.)

Special attention paid ui the negotiation of Com.merclal bills.

G. BCCEIKOnAM, Jb. Sdwasd B. Undbkuiu.

Buckingham& Underhill(.Members .\ew York Stock Eichsuge.)

BROKERS IN

STOCKS, BONDS, & O L D ».

AND OTHER SECURITIES.

No. 16 Wall Street, New York. /

Levy & Borg,as Escbanse Place,

BROKERS AND DEALERS IS ALL KINDS UF

»0|;THEKN and mSCELLANEOUSSECURITIES

NEW VOKK.lU Fearl Street.

BOSTON,70Sla.e6Ueet

GOSSLER & Co.,OCRREsroNDBNTB OF

International Bank or iiamburBandLondon, (Limited.)

HODSB IN EUROPE,JOHN BERENBERG, GOSSLER dc C»

HAMBDBa,

Page 2: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

u THE CHRONICLR [April 2?, 1876.

Boston Baalren.

Richardson, Hill & Co.,Ko. 1 Simmon's Bcildino, 40 Tater St.,

BOSTON.Bnalness Paper bousht and sold.Deposits received, Collrclloiis made.

Advances on Collaterals,luveslment Securities,

Ordrn for all Flnt-Clait Securltlea executed onCotnn)td«U)D.

Parker & Stackpole,BANKERS, 78 DKVOKBHIF.E STREET

BOSTON,

Bur and Sell Western CItr andCountr Uonds.

Brewster, Basset & Co.,

BANKERS,No. 35 CONGRESS STREET,

Boston, Rlass.

Dealers In Stoclu, Bonds, Gold and Commercial

paper.

Orders executed on Commission at Brokers Board

AnctlODS.and Private Sale.

iDTestment Securities constantlron hani*.,

Kidder, Peabody & Co.,

BOSTON, MASS.

COHMIBOIAL ASO ClBCCLAB LXTIXBS OF CBBDIT

XSSUXD ATAILABLB IN ALL PABTS OF THB WOBLD.

EZCHAjres

OS LOHDOS, FaBIS, and OTHBB COHnHMTAI,CiTIBA OF BVBOPX.

Neiv York Office, 33 Wall Street.

Fhila. &. Baltimore Bankers.

Wilson, Colston & Co.,BAKKEKS AND BKUEEBS,

BALTIinORE.ISVESTMENT and VIRGIN LA SECURITIES a

peclalty.Correspondence solicited and Information fur-

nished.N. \ . CoBRKspONDBHTs—McKlm Brothers & Co,

J.Bell Austin,STOCK BROKER,

No. 319 W^JLNCT STREET,Plilladelptala.

Orders In Stocks and Bonds promptly ezecnted atthe Ptiiladelpbla and New York Bo:irds,

Southern Bankers.

K. S. Willis. Praa't. W. E.MoALPiNK.Vice-Pres t.8. B. Kimball. Cashier. N.o. Lautb, Secretary.

Texas Banking& Ins. Co.GALVESTON, TEXAS.

Cash Capital, .--.. $300,000.WRECTORS : J. E. WalllB. M. Qnln, E. 8. .Jemlson

Geo. Schneider, R. S. Willis, T. A. Gary, W. K. McAI.ElncD.Tr.eAyers. J. Bernstein, J. 8. Otlnnan C L.leveland, Peter H. Eriard, J. A Mf:l£ee.Special attention given to collections at all points

'« the State, and remittances promptly made, withoutMf charge except custontar; rates of eichauRe

Adams & Leonard,

BANKERS

DAI.I.AS, TBXA8.

We* Tort Correspondent Konatte Bros,

TBLB CITY BANK OF HOCSTON,Capital, $C00,000,

H ousTo N, Te X as.We glTs spMlal attention to eollectlona on all acce*.

Ible points.DIRSCTOB8 : W. J. Hutchlns, P. W. Gray, A. J

Burke, Cot Bnnls, W. M. Rice, C. 8. Longeope.BKNJ. A. BOTT8,l'r9sldent.

B. F. WKKUS, Cuhlar.

Southern Bankers.

Sau'l U. Kknxbdt,Pre-lJent.

COAS. If. C. DnpcT,Ciis tiler.

Capital, $850,000. Limit, $1,000,000.

State National BankOF NEW ORLEANS.

CFokmbrlt Louisiana Statb Bane.)

Transacts a General Banking Business. Collectlocsm*rte free of charge.

Especial attention gl> en to Collections, and PromptRemittance) madi. Exchange purchased on all points

the United States and Caiad i.

Sterling and francs bought and sold,

CORRESPOS DENTS.I.osD'-K—London Joint Stock Bauk.I'ABia—.Messrs. A. & M. Heine.

N«w ToKK—The BanKof New York. N. B A.San Kbaxcisoo— Ihe Bant of California, and The

Nevada Bank of San Francisco.

THOe. p. >IILLBn, B. D. WILLtAMS, JSO. W. MILLES

Thos. P. Miller & Co.,BANKERS,

IVTOBILE, AI^ABAinA.Special atreatlon paid to collections, with prompt

reiiiUtancedac curreuc rates of exchange oa daj ufpayment.ii rrespondeits. — German American Bnnk, Xew

To'-k; Louisiana National £ank. NtiW Orleaus; UaLkof Liverpool, LlTerpooi.

James Hunter,BROKER,

Dealer la Coin, Southern Securities and ExchangeLoans Negotiated. Advances made on Securities

1 laced la my bands for sale at current rates.

Address,

Savannab, Geor|[la.

(P. O. Box 81.)

Refers to Reary Talmadge & Co., New York; South-ern Bat:k, Savanuah, Ga.

S. K. BoRHUBS, Prea't. A. K. Walkxb, Cashier.

First National Bank,TriLiniNUTON, N. c.

Collections made on all parts of tbe United States

Western Bankeri.

THE

Anglo-Californian Bank(LIMITED),

LONDON, Head Office, 3 Angel Court.

SAN FRANCISCO Office, 423 California St.

NEW YORK Agents, J. & W. Seiisraan& Co.

Aatliorlzed Capital, - - $6,000,000.Paid-up and Reserve, - 1,55 0,000.

Transact a general Banking business. Jsaie Com-ni'TCIal Credits and Bills of Exchange, available In all

pa-ts of the worlfi. Collectlnas and orders for BondsStocks, etc.. executed upon the most faroral)le terms

FUED'K F. LOW, )«.„.....IRMATZ STKINI/aRT, !"*""*"'•

P. N. L'LIENTHAL, Cashier.

F. J. Ebbkt, President. S. G. Collins, Cashier.

The Exchange BankOF DENVER, COLORADO.

Capital ^toek. $2;o,ooo.

Special attention given to Collections, and to the

Investing of money on nrsl-class real estate security

for nou-resldonta.

CORRESPONDENTS.Tradesmen s National Bank, and Gilinan, Son & Co.

New York ; Wolls. Fargo b Co. 'a Bank, San Iranclsco

Love & Co.,BANKERS AND BROKERS,

ST. Locis, no.Gash advanced on Stocks and Bonds left for Sale.

Cmas. f. Pknzbl, Wm. Eibtbh, Cbbbd T. WaLKBBPresident. Vice-President. Cashier.

German Savings Bank,LITTLE ROCK, ARK.

CASH CAPITAL .......... ».TO,0OO.Transacts a general banning business, and mak»s eel-

lectlOBB on all points In the South and Southwest atreasonable rates. Accounts of Banks, Bankers, Mer-cnaoU and otters solicited.Board OF DiRKoToES.-c. F. Pensel.Wm. Klrten,

Judge DM. llpse. .Ino. E. Geyer, O. W. Johnson. Geo.""l, IT" •' ^- l^fodie. A..'*eh«dw.Jno.G. Fletcher.

K. r, Cobbxsponcbmts, DonusILLawsou & Co.

Western Bankets.

BANKEnS AND BROKERS,

ST. Lovis, no.

DEFAULTED M'SSOURI COUNTY, CITT ANDTOWNSHIP BONDS MADE A SPECIALTY.

also.

RAILROAD BON'DS, STOCKS, MISCELLANEOUSAND LOCAL SECURITIliS, ETC.

Our long exncrience In above class of Securities

enables us to be pre:iare.l to make ca»h bids by wireto parties giving full description.

Smith & Hannaman,INVESTinENT BROKERS,

INDIANAPOLIS, INDIANA.

T. K. Skinker,ATTORNEY-ATLAW,

417 Olive Street, ST. LOUIS, Mot^n Special attsntion plven to the collection o

IMIlNir:ll>AL BONDS.P.eferences—J. II. Ltenberger, Pres't Third National

Bank, St. Louis ; VTm. h. t\ aters, Pres't f-econd Nat.Bank. tt. Louis ; Kdward P. Curtis. Cash er Nat. Backof tiie State oi Mo.. St. Louis; Wm. H. Thomson,C -shier Boatmen's Savtug Bauk, St. Louis.

A Solid Twelve Per CentWhile bonds and gtockf are the footballa of brokers

the solid Illinois onft Missouri TEN l*KIt (jrNTS(serii-aunuall>- at ine American Exchange Nation^Bank, Kew 1 oTkC) and our choice Ka<i£ai TWELvflPER CE^'IS have v ever failed. Nothing but an earth-quake can Impair their abJiolute $ecurit>;: and aa toproniptness.aek our>.'ew Vork Ba.it. our paper iii

alwayn (itpar in'iiG^ York, because ahcaya paid aitnazurity. H:ive loaned milllong, and n<d a iiolmr haptver been lost.—For details alldre^8 AtJTUARi of theCentral iUiuois Loaa Agencv. JacksonvlUti, lUluolf.r. O. Box «37,

Financial.

Martin Lewis,Room 3, 43 PINE ST., N. T,

DSALES I'S

Securities of Solvent and DefaultedICB. Co's, also »itate. City aud

County llunda.TIME LOANS NECiOTlATED.

Refers by permission to Mei-sre. M. K. -Tesup, Paton*fe Co., New Vork ; Messrs. Soulier & Co., New York;Jon. b. NdVrla, Kfiq., 2*resident First National Bank,Kaltlinore; Robert Alickle. Mq., Cashier Umoa Nat'lBauk, Baltimore.

Railroad Bonds,WHKTHEB YOU TVlSH TO BUY OR SELL,

VTRlTiC TOHASSLEB & CO.,

No. 7 Wall Street, N. T.

THE NEW JERSEY & NEW YORK RR.(UonaoUdUi n of the Erie railroad bri.cUto

Huckeusuck. and coudnuous road».)

$200,000 of the First Mortjjase 7 per centgold bonde haTing been iie;;otiated in Enrojje lately,only the remainiyg portion of ^180.04iu of thebonds are offered, at un advance in the price to 95and interest.

Ihe bonda will be re-pnrchased at same price atany time within one year, and contract ^iven to thateffect, the ccmpany njaintaiHi> g fiinde in trust lorthat pm-poee with ROLLINS BROS. & CO.,

Cor. Wai; & Broad et?., New York,

r ALDEN GAVI.ORD, Mi-ceilaneoas Sew- ciirltieB, No. 33 Wall St., New \ ork. (P.O.Box\;il2). Special attention siven to St. Louts City andCounty Bonds; Mlseworl Connty, Ctiy, Town 'andSchool Bonds. Also, to the Bonds aud blocks of thetoll^wlDg Kiirroads : Atlantic & Pnelflc, MissouriPrtcitlc, tjuuth Pacific, Kansas Pac)flc, Denver Pacific,North Missjurl. St. Loms Kaus.-u Clcvd: Northern.Refers by pernits^lon.to Messrs. w 8. ^Ichols^ft CoBank«-n.N0w Vork'

MEN AND IDIOMS OF >VALL STREETIs a new T2 pas:e book ftirint? the highest and lowestprices of 8to>-k8 for ISyears, complete list of defaultedluUroads, Black Friday, sketches t)f lettd1t:g opera-tore, and the meihod of dealing on small sums n(money. Copies £ent free lo any address, Oroers forstocks andtto-k privileges executed by mail and tele-graph, collections made, money luTesied, and luformatiea g eu by

JOHN HlCKlilNG & CO.,Bankers and Broker", 7i BROAJ>WaY. K. T.

Wall Street Caricatures.A new book, 48 pates, contalDlng 14 engraved Ulua-

trations. withINFOhMATION FOR STOCK SFECLLATOPiS,

Price lOc, cloth covers; pwper covers free.'AUMHItliXSK: ^ «'0.«

Hankcre! and Brokere. 2 Wa.I at., K. T»

Page 3: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

April 22, 1876.] •iflE CHRONICLE Hi

Financial.

Drexel, Morgan & Co.,WALI. STREET,

CORNER OF BROAD, NEW YORK.

Drexel & Co.,

No. 31 South Thibd St..

Drexcl, Harjes & Co

81 Boalevard HauttmanD

Philadelphia. Parla.

DOMESTIC AND FOREIGN BANKERS.DepotltB received auhject to Draft. Securities. Gold,

ftcttougtit ana sold onCotmnlsEion. iDtere-t atlowedon ifeposlt<<. Foreign Kxctiacge. Commercial C''edU8.Cable 'IransferK. Circular Letter* for IraTclera,avkl.able lu all parts of the world.

Attorxxts and AOKNTa or

rOessr*. J. S. moKGAN Sc CO.,No. 22 OLD BROAD ST., LONDON.

Morton, Bliss&CoBankers, 3 Broad St., N. Y.

Issue Circular Notes and Letters of

Credit for Travelers; also Commercial

Credits available in all parts of the World.

Negotiate First-Clasi Railway, City and

Slate Loans ; Make Telegraphic Transfers

of Money ;

AND DRAW EXCHANGE ON

Morton, Kosb & Co., - London,

HOTTINGUER & Co., - - - PaRIS.

Hope & Co., - - - Amsterdam.

Financial.

J.& W. Seligman & Co.

,

bankers,59 exchan&e flack,

cobnkr bkoad btbeet, new I ore.

Issue Letters of Credit for TraTclers,

Payable In any part of Europe, Asia, Africa, Aiutralla

and America.

Draw Bills of BxckaQge and make telegraphic trans.

rs of money on Europe and California.

AQENCT OF

Merchants' BankOF

Canada,ea WAI.I. STREET.

Capital. . - • . $9,000,000 Gold.Paid op, • • . . - 8,128,626 >'

Bills of Exchange bodKht and sold, CommercialCredits granted. Drafts on Canada Issued, Bills collect*

ed, and other Banking business transacted.

WALTER WATSON,WALTER WATSON, I .„..,*.WM. J. INGRAM, f

Agents.

LONDON AGENCY, 33 Lombard St.

S. G. & G. C. Ward,S AeXNTB roB

B I RING BROTHERS & OOnPANY,i_ C3 WALL STREET, NEW YORK,

as STATE STREST. BOSTON.

TliHN MUNROE & Co.,our S6<,_ g ^Fall street. New York,our & * Poat omee Square, Boaton.

„^Ha<JUES AND CABLE TKANSFElij ON1°7 raUNROB * CO., PAKIM.f/

STERLINU CHEQUKS ONALEXANDERS, CUMLIFFES & CO.

London.SIXTY DAY STKULINQ ON THE

CONSOLIDATED BANK, LONDON.

CIBOCLAB HOTIS ASD CeIDITS FOR TRATII.EB8

Knoblauch

& Lichtenstein,BANKERS,

85 Broad Street, New York.

Make Telegraphic Money Transfers.

Draw Bills of Exchange and Issue Letter! of Credit

on all pilnclpal cities of Europe.SPtCIAL PAKTNEK.

BKVTSCHB BANK, Berlin.

H. C. Williams & Co.,BANKERS AND BROKERS,

49 l¥all Street, New York,

SIALBIS la

STATE, CITV& RAILWAY BONDS.Order! for Stocks and other Securities

receive personal attention at tlie New York Stock

Ezcliange. Good Rallurar Bonds not regu-

larly quoted, and tliose In Default ot inter-est made a Special Branota of Our Baal*ness.We quote as follows— Bid. Asked

Burl. C. K. a Minn., 1st, Minnesota DiT.. .. <B 45do do 1st, Milwaukee DIr.... iO U

Ca^o* Fulton. 1st ;5Ciinda Southern, 1st, counon 68 (5

do 1st, registered C9 HCentral liB. of Iowa, Ist 37 JOChesapeake dt Ohio, lst.6a SI !3

do do a.l,7s S \i

Chicago & Canada Southern, 1st SO SiChicago Clinton ft Dubuque. Isl M 3UChic. DauTllle ft Vincennes, let, Illlnnis I>It. At M

do do 1st. Indiana Dlv. 'iO 'iS

Danville Urbana B.ft Pekln. lit 4U 43Houston ft Great Northern, Isl 65 67Houston ft Texas Ceutrul, let, Main Line. . . 91 63

do do 1st, Western Ext. 69 91Flint & Pere Marquette. 1st, cons S3 40EvanRtllleT. H. 4 Chicago, 1st 15 80Urand Kapids ft Indiana, ist. L. O ,

guar. . . . IdO lOSdo do lst,Ex. L. U. ... S4 60

IndlanapolUB. ft Western, 1st 34 85do do 2d 10 11

do do Ist, Extension.. 16 13

International BR., Ist 6S TUKansas facinc,lst,~s, M. ft N., unfunded 75 80

do lst.7«. J.ftJ. do ..7a 76do 1st, «s, Feb ft Aug., funded. 70 13do 1«. fs.J.ftD. do .63 70do No.ii 15 aodo No. 16 13 15

Lake Superior ft Miselssippl. 1st 20 Sti

Logansport C. ft Sout!iwesieru.l8t 10 12Missouri Kansas ft Texas. Ist 53 60Mobile ft Uhio. blerhng, 8s, wi h cf 41 43

do do Ss.ex-cf 41 43do Interest. Ss 20 2S

MontcialrEH.of N. J.,lBt 8X ....

New Haven M. & WiUlmantlc, let 25 30New Jersey Midland. l»t 37 (0New Orleans Mobile ft C. 1st IB 4UNew York ft Oswego Midland. 1st 17 18

do do 2d 3 5

Northern l"acific,7 3-itia. 1st 1« 17do rfglttered 15

Peoria ft Hock Is'and. 1st IS 60I'ort Huron ft Lake Michigan. 1st 13 18liockford H. ft St. I ouis, 16t. 9 11Southern Minnesota, Ist 50 ....

St.Josephft Otnver City, Is'., E. D 13 15do do 1st, W. D » 10

Texas ft PaclllC. I . G 10 2^

Weit Wiscoubln.L. G., Ist S5 58do Interest payable In London. ^5 58

Financial.

cjJ>^J£J^SAUSt. corme sr

'

CAPIX4L,* 1.000.000,/Uow8 intercBt on depoBltP, returnable on demand,

or at Hpecifled dates. Ih aathonzeu to act as Executor,AominiBtrHtor, Guardian, keceiver, or Ti ustee. Like-wUe, IB a legal depository for money paid Into Court,or liy order of any ^u^r< gate. IndivUlual?, Firms andSccietlea ceeKiug iucoine irom money In abeyance. Ofat rest, win flua sufety and adrantvge lu tbfa tnstitu-

uon. _ _HENRY F. SPACLDING.Prealdent.BENJ. B. SHEKMAN. } VicefKKDEiacK H, CoSSITT, (iTeBldenta.C. H.P.BABCOCK. Secretary.

EXECUTIVE COMMIlTEJu:Jacob D. Vermliye, Amos K. Kno,Benj. B. bberraan. Frederick H. Coseltt,Sam'l D. Bibcock, leaac N. Phelns.Martin Bates. Edmund W. Corlles.

BOARD OF TRUSTEES.Samuel D. BabcovK,Juuaihan Thorne,]s«»c N. Pht-lps,JoF'lHh M.Flske,Charles O. Lantton,KdinuKd W.Corhes,Frt-^lericlc H.CosBitt,WlUiam U. ApplctoOtGu-tav Sthwab,David Ituws,Ma-tm Bates,William Allen Batler,James P. Wallace,

B i.jAm n B. Sherman,Gt'oree W. Lane.Jfljob I>. Vermliye.Geo. Mftfcullcch MiUer,Kosweli SKecl,A. A. Low,Adrian Iselin,Amos h. hno,Ciiarles G. Francklyn,wiiii-mH. Webb,J. Ptcrpont Morgan,Percy K, t yne,Charles Aberuetby,

Benry F. Spauidlog.

Edward C. Fox & Co.,

STOCK BROKERS,

30 BROAD ST., NEW YORK. .

Stocks, Bonds and GoTemment Securities boaght

and told at tbe New York Stock Exchange.

We give Special Attention to State,

City, County and Town Bonds, andSecarttles of defaalted Railroads for

wUlcb there Is no regnlar market.

qUOTATIONS FURNI3HED.

FISK & HATCH,BANEEBS,

No. 6 KASSAO ST., NKW YORK.

We give particular attention to Dtixrr DaaLiiraaIN QOVKRNMIXT BONDS AT CCaBB:«T KalKKT BATBaand are prepared, at bit times, to buyer sell in large

or tmalt amounts, to suit all cUssei of investors.

Orders by mail or telegraph will r«ca<Te careful attaa-

tlon.

We shall be pleaacd to famish Information In

reference to all matters connected with Invastment*

In OoTernment Bonds.We also buy and sell Gold and Gold Corpovs

COLLKOT Oitidkkds, and Town. Countt and BtatbCotrroNS, ftc. and buy and sell, OS Con aistiOK, all

Mabketablk Stock* and Oa^Da.

In our Banking Dfpartmbnt we receive deposits

and remittances subject to draft, and allow interest

to be credited monthly, on balances averaging, for the

month, from (1.000 to $S,U(XI, at the rata of three per

cent per annum, and on balances averaging over

(5.000, at the rate of four per cent.

PISK Ic HATCH.

F. W. Gilley, Jr. & Co.,

BANKRR8 AND BROKERS,

64 BROADWAY AND 19 NEW STREET,

P. O. Box 4259. New Tork.

Order I In Government Secnrltle*. Railway Sharesand Bonds, executed strictly ou Commlsiiua, at tbeJSew Tcrk Btot;l£ faxclianKe.Particular attention paid to Investments. Foreljrtt

Kxchange Houjrht auu Sold. Iieponiis received sr*?-

Iect to sight check, and Interest allowed on dallylalancen, according to the naiure of the account.Prompt attention g ven ta CoUec Ions and i:emtt<

tances. Information concemlnfc a y sp^tfled securitywill be cheertully rurulsbed without charge.

F. W. GlLLKT. Jb , E.B.GlLLBTMember K. T. Stock Fxchange-

si. Nklbok TAPrAN, Special.

VERMILYE & CO.,BACKERS,

16 and IS Nassnn street, Neiv York.

DEALERS IN ALL ISSUES OF GOVERDMENTSECLUITIES.

NEW TOr.K CITT

BBaoSLTK BONDS.

BUT AND SELL ON COMMISSION

RAILAVAY STOCKS, BONDS dc GOLD.

I^TEREST ON DRPOSITS.WASHN R. VKKMILTE. j DONALD MACKAY,JAS. A. TKOWBHIOaU.

IL.^THAM A. FISH.

ATJOtTSTUS 3. BBOWN. WALSTON a. BBOWN.

Aug.J.Brown & Son,

BANKERS,69 Lfbertf Street, New York.

•PECLAL ATTENTION GIVEN TO THE NKGOTIATION OF

RAILROAD SECORITIRS.

Adolph Bcissevain 8c Co,BANKERS

AND

cominissioN herohants',AMSTERDAM, HOLLAND.

Buy and Sell on Commission American Securities

In Holland and other Contineni al Marketa.

Mak3 Collections throughout the Contlnen" ol

Europe.Make Payments on Letters of Credit to Traveler,

and transact a general American Banking Buslcess.

Refer by special permission to Messrs. Biak*

Brothers & Co.. Boston and New 'i ork, and to Messrs

S. tc W. Welsh, Philadelphia.

Alex Frothingham & Co.BANKERS AND BHOliERS,

No. 12 W^ALL STREET.KellaWe STOCK PRIVILEGES negotiated at faTor-

able rales. Stocks bought and sold on a margin oCAve p?r cent. Circulars and Weekly Financial Report

tnt free.

Page 4: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

IV TBE CHU0N1CI.K [April 22, 1876,

Financial

Office (if the National Trcbt Company!OF THK City of Xew York, i

NOS. 261 M>D ai.S BROAD^VAT, <:oB. Wahken St.I

; New York, April 10. im.)

THE ANNUAIi MEETING OF THEStockholders of tlils Company, for the elcctluu of

ten Trustees for the third class, autl three Inspectors

of Election for the ensuing year, will be hcW at tJie

Banking Koonis of the Company on TUESDAY', the

25th Inst., hctwecii the hours of 12 M. and 1 P. M.

The Transfer Books will be closed until the 26th

instant.

J. C. CRUIKSHANK, Secretary.

CITY OF VINCENNES, INDIANA,SIX PEB CENT BONDS.ISSUED IN 1873. DUE IN 1893.

<The city reserves the option to pay these Bonds, withthe accrued interest thereon, at any time

before they are due.) ,„, .„ISTEBEST PAYABLE .lANUAKY AND JULY,

ANI> PROMPTLY PAID.Assessed value Of property, IsTS

*^'°J;'.vSEntire bonded debt . SJ.WO"Floating debt ( which will be paid this year) . .

23,0JJ)Population about ;••,;••; ''' .• The city has anticipated the maturity of many of

Its bonds heretofore Issued, and paid them long be-

lore they were due. „ „I have an olBclal statement from the City Treasurer

made up to Isi February, 1876. giving the above Hg-

nres. The above bonds wet'e nut, Uttued until all theprovisions of the law and ordinances were compiledwith, aa I have the official documents to show to that

«ltect. There can be no safer security made thanthese bonds. Only 2W per cent, on Its taxableproperty. Send for official statement.

A Uniited amount ior sale by

WM. B. tlTliET,4 "Wall Street, N. Y.

Burlingtou Cedar Bapids & MinnesotaBondholders.

For plan of re-orsiuization apply, stating class of

Bonds held (whether .Mam Line, Milwaukee, Mu;-<;atine, or Pacific UivisionI, to FKKU. 'I'AV-IiOK, Chairman Bondholders' Committee. 476Broome St., Ne»v Vortt. immediate action is

advisable.

^^OTI^K.—TO THK HOiMTBS OFI "WESTKRtJ EXTKN-'KIN" F'BST MORT-

GAGE BONDS OP THE " -NEW I'OKK & OSWKHOMIDLAND RAILROAD CO."—In pursuance of the

Judgment of foreclosure snd sale, entered December i,

^^^5, m the acliou entitled: Supreme Court, TompkinsCounty, Delos DeWo:f et a'.. Trustees, plai UVt,against The New York & Oswego Mlcllai,d RallroaaCompany etal.,(lefeiidauts.

, . ^ .^Ti e undersigned Referee, duly appolntel therein,

hereby gives not ce that he will a'.teuu at his office.

No. 182 Broadway. New York City, on the 5th day of

April next, at 12 o'clock M.. to take proof of the

owner-hip and amount of snch hondfr. and the ownersand holders theieot are required to appear betore meeald Referee, a", the tliLe and place afor- said, andpreaeut their claims and proof of owuersblp amiamount Of said bonus —Daied New York, March 15,

1876. D. IKA BAKEE,

For Sale,

115 Shares of Houston & Texas Cen-

tral Ballroad Stock ; also all Issues of

Texas Bonds,BY

FOBSTEB, l,liI)I,OW Sc CO.,

No. 7 WALL STREET.

Co-partnership Kotices

Notice.Havir.g traneferred to JBENBY HILTON

all my interest In the firm of AIiEXANDEBT. STEWABT & CO., the business of eaid

house will hereafter be continued by him, under

th« same firm name, with each pecsoLS aa he may

associate with him.

Dated New York, April 14, ISte.

COBNEIilA m. STEVl'ABT.

Thebnaineas of the firm of ALEXANDEBT. STEWABT Sc CO., will be continued by

the undersigned as co-partners under the same

firm name.

Dated AprU 14, 1876.

HENBY HII.TON.Tt'IIiLIAin lilBBEY.

Investment Securitks.WHETHER you WISH TO BUY OK SELL,

Wr.irE OR APPLY TO

ItlATUBlN BAI.I.Oir,

8 Wall Street, New York.

ELIZABETH CITY SEVEN PER CJSNT IM

PBOVEMENT BONDS. Interest April and

October. Due April 1, 1905.

LONG ISLAND CITY SEVEN PER CENT

WATER BONDS. Interest March and

September. Due Sept. 1, 190S.

FOR SALE BY

DANIEL A. HI O B A IV ,

.1'- 40 ITall Street.

CHARLES OTIS,47 EXCUANGE PLACE,

City Railroad

and Gas Stocks,Specialty for 19 Years.

; eee qaoUtloiu of " Local Becnrltlea' In this papar

Samuel Shaw,BANKER,

And Dealer in Commercial Paper, etc.*

e« TTAIiL STREET.

Notice.

Financial.

Tilts is to certify ;

1. That we HENBY HILTON and TTIL-LIAM LIBBEY, both of the City and StateOf New York, have thit< day formed a co-partuer-hipfor the purpose of conducting a General mercantilebusiness in the City of N^w York, and in thecities of Boston, Philadelpbia, Pans, Lyons, Man-chester, Bradford, Nottingliam, Belfast, Glasgow,Berlin, Chvmnltz, and else ^ here—in the UnitedStates and in the Kingdom of Great Britain andIreland, and on the Continent of Europe and inOther foreign couniries.

2. That the principal place of business of saidco-partnership will be in the City of New Yoik.

3. Th;it said business will he conrtncted underthe firm name of A. T. STEWABT 6c CO.,which firm name, it i^' herehv certified, will lie cou-tlnuert in use hv HENBY HILTON and1VILLIAM LIBBEY, of the CitT and Stateof New Y'ork, atore^aia ; the said HENBYHILTON heinir the ftast<»ne° and grwnieo *fCOBNELIA M. STEWABT, devisee andIfgfltee und r the last will and testament ofALEXANDEB T, STEWABT, late of theCityof New Y»rk. now decea-ed. a? to all the inter'

estsof said ALEX.4NDEB T. STEWABTin the late firm nf A. T. STEAV.VBT A: CO.;and the said WILLIAM LIBBEV beinc theonly Hiirvivinsi: rait' er oi the said late lifm of A.T. STEWABT A; CO., which firm had busi-ness relations with foreiiin countriesWitness onr hands and seals this fourteenth day

of April, A. D 187«.

HENBY HILTON. [l s.l

WILLIAM LIBBEY. [l s.]

In presence of Hknbt E. Davies, J. Uehut Work.

Stateof New York. City and County ofNmo Tark,u.:On this fifteenth dnv of April. A D. i87(i, tiefore

me came HENBY HILTON and WIL-LIAM LIBBEY, to me known to he the in-

dividuals described lu and who executed the withincertificate, and severally acknowledged that theyexecuted the same.

(Signed^ ROBERT PROTHEROE,N' tary Pub'ic,New York City.

StateofNcw York, City and County of Ifew York, ««..

I, .VILLIAM WALSH, Clerk of the said Cityand Cuunty, and Clerk of the Supreme Court of saidState for said County,Do cer'ify that I have compared the preceding

with the originalCERTIFICATE

OFCONTINUED USE OF FIRM NAME,

on fi!e in my office, and that the same is a correctdup ica'e therefrom and of the whole of aacUoriginal.Indorsed, filed and recorded loth April, 1S"6, Shrs.In witness whereof I have hereunto subscribed

my name and affixed my official seal, this fifteenthday of April, 1816.

WILLIAM WALSH,[l. s.] Clerk.

Financial.

STOCKS and BONDSAt Auction.

The undersigned hold REGULAR AUCTIONSALES of all classes of

STOCKS AKD BO^TDS,OH

WEDNESDAYS AND SATURDAYS.

ADRIAN H. mVLLER &. SOST,

No. 7 PINE STREET, NEW' YORK.

Albert H. Nicolay & Co.stock Auctioneers and Brokers,

No. 43 PINE STBEET, NEW^ YOBK.tW REGULAB AUCTION SALES

STOCKS AlVD BONDS,Every Monday and Thursdat/, or

Special Salbs Made on all othee Datb,

UPOX 0^E DAY'S ^OTJCE,WHEN REQUlKED

Our Establi^Ued Custom 24 Ifears.

tW Stocks and Bond* bought and sold at the NewYork StockExchaage, and at private sale, ©D commte-

sion.

C?~ Securities not dealt in at the Stock Boards a

specialty with th's house for many years.

|y First-class Municipal Bonds, Railroad Bonds

and other incorporatud loans Dejoctaled on liberal

terms.

Union Trust CompanyOl' NEW TORE,

No. 73 Broadwar, Cor. Be tor St.CAPITAL,

ONE ItHIiLION DOI.I.ABS,INVESTED IN DNITED STATES BGKDS.

Anthoilzed bv lawto act as i-xecutor, Admiatrator,Guardian . itecelver or Trastee, and is a leijal depositoryfor money paid into Court nr transferred to It by anySurrogate.Inteiest allovedon dej^otltB, wbich may be made

and withdrawn at any time. '

N. B-—Cbecifs of Depositors on tills Institution passthrousti the Clearing House.

EDWAHn KING, President,jr. n. meL,E«N, First Vice-Prealdeut.W^M. WMIXEWBIGHT,

Second Vice-President.EIEUUTIVK COMMITTEE.

J. M. MolJliS, SamuI'I. Willkts,B, H. HUTTON, Vfm. WHITKWP.IQHT,K. B. Wai-LaT, Gko. Cabot Ward,G. G. WIU.IAII9, TUKODOBS ROO8JITILT.

J, H. OGIIiVIE, Secretary.

G. T. Bonner & Co.,BANKERS AND BROKERS,

No. 20 Broad street, 'Sew Ifork.

StockB, Bonds, and Government Securities bougntand 8o:d on commldslonat the New Yor«, stock Ex-cbanse.Dealers in all descriptions of Bonds and lureataient

SecuritiesThe correspondence of Bankers aad Brokers ttiroagh-

out the country solicited.

Funding of Sonthern State Bonds.

We are prepared to fund Bonds of the followingSouthern States, iu accordance with their seyeralFunntiig Acts, upon the must reusoaable termspossible

:

ALABAMA, LOUISIANA, SOUIE CAROLINA,TENNES.'iEE, VIRGINIA,

WAIVXJBD.Alabama State Bonds.

Louisiana State Bonds.

Sacramento c ity, Ca!., Bonda.

Hockt'jrl U. leUad & 3r. i^ouL; RK. Bonds.

FOR SALIE.Michigan State 7i», due \?m.

San FraiiCiaco City. Go!d Is, cue 1?95.

South Carolina Sf s fer Cent. Cocaol. Bond».

Chicaj^o DauT <^£ Viuceuuea Rh., Ilia. Dlr.. Bonds.

G. T. BONNER & CO..

20 Broad Street, New ICt-

Gargiulo & Co., °\

BANKEBS AND BBOKEB.N08. 4 & 6 Broad Street,

NEW TOBK..

Stociu. Bonds, Gold and MtscellaneouB' Securitiea

bought and sold strictly on commlEsion. Orders by

mail or teiesrapn caretuuy atieuoeu to.

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tmmHUNT'S MERCHANTS' MAGAZINE,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL. 22. SATURDAY, APKIL 22, 1876. NO. 565.

CONTENTS.THE CHRONICLE.

Prospective Snpply and Con- I Proapecti 3S8eumption of Silver 885 I Latest MonetaryHndCommerclgl

Taxatinn of Bank Surplus 386: Kn:;llsh Kewa 389Kew Orleans Exporting Bread- I Commercial t.nd MUcellaneons

«tuff« 3671 News 391Fetroleam: Its Poeltion and

|

THE BANEERS' GAZETTE.Money Market, U. S. Securitlea, I Banks, etc 393Railway Stocks, Gold Market,

J(Juotatfons of Stocks and Bonds 396

Foreiirn Exchansre. New York(New York Local Secorttles 397

City Banks, Boston Bank*, Investment and State. City andPWadelphia Binks, Xatioual | Corporation Finances 396

THE COMMERCIAL TIME8.Commercial Epitome 401Cotton 401Brcad'iufis 4C5

IDryGooda 406Prices Current 408

Stije (iLI)ronicU.ThK COMMERCtAL AND FINANCIAL CHKONICLK is isSued On SotUT-

day morning, with the latest new» up to midnight of Friday,

TSSMS OF SOBSCBIFTIOH-FATABLE IR ADVANC£,Tub Coxmekcui. and Financial CHBomcu,

For One Year (inclnding postage) $10 21For Six Months fl Jo

Subscriptions will be continued until ordered stopped by a written ordtror at the publication ofHce. The Publishers cannot be responsible for Remit-tances unless made by Drafts or Post-OtUce Money Orders.

Advertlnemeuta.Transient advertisements are published at 25 cents per line for each

insertion, but when delnlte orders are given for five, or more, Insertions, aliberal discount is made. No promise of continuous publication in the bestplace can be triven, asall advertisers must have equal opportunities. SpecialNotices in Baukinj; and Financial column 60 cents per line, each insertion.

London Office.The London office of the Chronicle is at No. 5 Austin Friars, Old Broad

street, where subscriptions aie lakec at the following rates :

Annual Subscription to the Chronicle (Including postage) £3 Ss.Six months* subscription \ 3s.

William b. daka, I WILLIAM B. DANA fc 00., Publishers,JOHN a. FLOYD, JB. (

79 and 81 William Street, NEW YORK.Post Orrici Box 4 59J.

^^A neat flle-cover is furnished at SO cents; postage on the same is 17cents. Volumes bound for subscribers at $1 50.

\Sr A complete set of the Cosmercial and Financial Chroniclk—Jnly1665, to date—is for sale at the otlice. Also one set of Hunt's MerchantsMagazine, 1839 to 1871, sixty-three volumes.

fcw The Bnainess Department of tlie Chronicle is represented amongFinancial Interests in New York City by Mr. Fred. W. Jones.

PRUSPliCTiVE SUPPLY AND COJISU-IIPTION UP SILVER.

The past week will be remembered as the occasion of

our second attempt to introduce silver in the place of

•our fractional currency. A first effort, made in October,

IS'TS, scarcely deserves the name, as little was expected

from It by any one. But the arrangements now are very

-complete, and contemplate, of course, the withdrawal-of the entire fractional issues as rapidly as possible.

While the question was being debated, and before a

•determination was reached, we expressed doubt as to

•the expediency of the step, because of the possibility of

a rise in the price of silver to a point which would cause

•our silver currency to disappear. As, however, the plan is

to be tried, its entire success will be the earnest hope of aU.

Certainly, the disciples of a paper-money system will find

no consolation in the eagerness with which the entire

«ommunity is seeking tc feel of, and hold and own, these

new metallic issues. Paper may be convenient j but,

clearly, until by experience our people have learned its

convertibility, and therefore thot it has a value, they

will prefer the real to its shadow.

It may not be uninteresting at this time to bring

together, as briefly as possible, the various influences

which are at this time affecting, or in the near future

may affect, the price of silver. And first among them, of

course, is the praduction. We all know how the United

States' supply has increased and is increasing, and yet

we think the popular impression puts it at a higher

figure than it really is. Statements are published that

the production in one month of the " Comstock Lode "

has reached over 83,500,000; and it is at once concluded

that here alone, in this one district, is a probable supply

of $40,000,000 of silver bullion, forgetting that, even if

that total production for the year is reached, about 45

per cent, of it is gold. In a word, then, there is little

reason to suppose that the quantity of pure silver which

the United States will furnish this year can exceed 40

million dollars from all sources. Even back in 187-3 the

production reached over 35 millions. Thus we find that

our present supply is very far from limitless—not so

very much in excess of what it has been, as someimagine. And, taking all other producing countries

together, the prospective contribution from them cannot

be more than the United States' supply. We thus see

tliat there is nothing in the present production itself to

so materially disturb values. The very low price reached

must have been a temporary result of the considerable

amount thrown upon the European markets, by reason

of the German coinage operations, disturbing as it did

men's minds as to values, and leading to a general" bear " movement.

After this spasm then has passed, what influences are

likely to operate by increasing the demand in the near

future ? First, we have our own currency wants to sup-

ply, and for those we should require nearly the year's

production of our mines. This, certainly, is a very

important element in the question of price, and, if it

were not for the amount of silver being set free in

Germany, would necessarily have a disturbing influence

upon values. As it is, is it unnatural to suppose that

the tendency of the market from this cause will be

towards firmer rates ?

Then, again, France may see fit to resume specie pay-

ments any day, and if she were to do it, her silver wants

are likely to be large. The London Economist, of March

18, referred at considerable length to this feature of the

question, shewing quite clearly that if silver remains

relatively low this, new demand it, in the event mentioned,

likely to assert itself. The French mint coins the two

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386 THE CHRONlCLh [April 22, 1876.

metals at the proportion of 15^, which is about 60id. for

an ounce of silver, whereas the market price to-day is

53jd. In the Bank of France there is now about 250 mil-

lions of gold and 100 millions of silver. Says the Economist:

" If the Bank of France could sell its g«ld for silver at

" the present price, it would get a large profit ; it would

" have done a capital bullion transaction on a roagnifi-

" cent scale, and the shareholders would be large gainers

"inconsequence. In 1860, the Emperor Napoleon, to

" whom the accounts of the Bank of France were then

" constantly submitted, would not permit this natural

" remedy to be tried, and, therefore, the Bank of France

" had to forego the profit, and to change away the dearer

" inetal with the Bank of England. But now there can

" be no choice ; the sums to be dealt with are so large

" that no such palliative by exchange can be thought of.

" If cash payments are to be resumed in France, large

"sales of gold for silver must precede and accompany

" it."

It is also possible that the depreciation in the price of

silver may lead to some preparations in Italy or Austria

or Ilassia for a specie resumption, and the aim of those

countries would necessarily be to reach a silver standard.

"We only refer to this as a possible contingency. They

have all suffered long from a depreciated paper currency

And we suggest it in connection with the idea which

largely prevails in Europe, that the production of silver

will go on increasing. We notice that M. Chevalier, in

a recent number of the Revue des Deux MondeSy takes the

position that silver production is capable of indefinite

expansion. He quotes from " Humboldt's New Spain,''

a passage in which this opinion is plainly expressed

regarding the Mexican mines, and gives a statement of

M. Duport, who travelled in Mexico subsequently to M.

Humboldt, and who takes the same view. Until Mexico,

however, can enjoj a better government than she nowpossesses, these speculations seem to us of very little

value. AVe think it is far more likely that the countries

we have named will require silver for curreacy than that

Mexico, with its present government and the present

depreciation in price prevailing, will increase its supply

of silver.

Retolted, That the officer* o( the baDka composing the Clearin^-

House Awociation consider it to be their duty, and they will

recommend to their respective institutions, to earnestly contest,

by all legal means, the right claimed by the Tax Commisgionersof the city of Xew York to assess the shares of bank stock to the

extent now propo8«d,and for the followinif, among other reasons:

Pint—That the assessment is in excess of the authority given

by ConisresB to tax the shares of National banks :" but not at a

greater rate than other moneyed capital."

Second—That the proposed tax is upon a valuation having norespect to the convertibility of bank shares in the market, andone that is not applied to any other species of property.

Third—Th&t while in all other forms of personal property the

right of deducting Government bonds and of offeetting debts dueby the party taxed, is admitted, it is in respect solely of bankshares absolutely denied.

Fourth—That' the tax proposed is so oppressive that it may-

compel the banks to divide their surpluses among shareholdera

just at a time when they are most needed to meet the loBScsg.

continually occurring to them by failures of business houses, andto provide for the peculiar extingencies of the commercial com-munity in retnrninjr to specie values.

Fifth—'VhM it will drive out of the city a large amount of

capital from abroad invested in shares of city banks, which nowcontributes a great amount to State and city taxes.

Sixth—That such oppressive taxation will tend to diminish thfr

power of the banks to such an extent that they cannot furnish

the guarantees required to retain the confidence and the deposits,

as hitherto, of the country at large, and it will, therefore, add anew influence to many otiiers now operating to lessen the import-

ance of the city of New York as a commercial metropolis.

Seventh—That the proposed aseessment is not only an unequaltax upon the banks themselves, but th»t it will operate as a special

and oppressive burden upon the commercial community, and is,

therefore, subversive of the very purposes of taxation.

Resolved, That the legal counsellors of the various banks berequested to meet Judge Emott, the counsel of the Tax Com-mittee, at the Cleariug-House, on Wednesday (to-morrow), at $o'clock, to confer together upon such method of legal proceedings

as shall most effectually meet the necessities of the case.

There is a feeling which to some extent prevails, that

all which can be obtained from corporations by taxation

or free services is lawful gain, and a saving to other tax-

payers or the general public. So in some of the Western

States, a few months back, it was believed that railroads-

could and must be made to serve the people indefinitely;

but in that case a little experience appeared to throw

new light on the subject, and the error was soon seen?

and aoknowledged. With the same spirit, we find fre-

quently laws proposed to cripple insurance business. Atpresent, however, the popular delusion is that banks are-

the recipients of many favors, .and give the public noth-

ing in return. Therefore, as their gross capital is large

and easily reached, taxing and weakening them is con-

sidered to be a good service. It surprises us, however.

-_ - ^ r-- that men of tho intelligence of our State assessors should

s'.bilities which are involved in the discussion of this

question. It is suggested, also, that France may discard

silver. Her double metallic system is condemned by her

leading writers; but, for reasons we have not the space

to refer to now, we think such a change is unlikely to

be made for many years. We reach, then, one conclu-

sion from the foregoing which interests us especially,

and that is, having now adopted the plan of a silver frac-

tional currency, we shall, in case silver materially rises

in value, ensure its permanency alone by a steady prog-

ress towards gold redemption for our greenbacks; andto that end it becomes us now to devote ourselves.

TAXATION OF BASK SURPLUS.

It will be remembered that in December last weexpressed ourselves very decidedly with regard to the

impolicy of the taxation, by the State authorities, of the

Surplus of the Banks. Early in the year, the Clearing-

House, after futile efforts with the tax assessors,

brought the whole subject to the attention of the Legis-

lature, and have been waiting for some favorable action,

but, up to this time, in vain. Consequently, at a large

meeting of bank officers held at the Clearing-House on

Tuesday of this week, the following admirable resolutions,

offered by Mr. Coe, President of the American Exchange

Bank, were unanimously adopted:

be engaged in such a work, for we certainly had supposed

they were above pandering to a popular prejudice.

Many of our readers do not probably understand the

precise question at issue; and hence a few words of

explanation will be of advantage.

It will be remembered that, in the Currency Act of

1864, it was provided by Congress that each National

Bank " shall, before the declaration of a dividend, carry

" one-tenth of its net profits of the preceding half year

" to its surplus fund, until the same shall amount to

" twenty per centum of its capital stock." This provis-

ion is obligatory upon all the National Banks, and manyof our institutions, not only Natioijal, but State banks,

ha\e felt so strongly the importance of the principle

here established, that their surplus now far exceeds the

twenty per cent required by the act. These accumula-

tions have been looked upon with great favor, as they so

largely add to the stability of our banking system; and

especially should they be favoied, and their increase

encouraged, at a time like the present, when so manyuncertainties hang about the future. In our return to

specie payments, the banks must necessarily bear a heavy

strain. The commercial community suffers or profits in

proportion as the banks are weak or strong when the trial

comes; for they are the groundwork, or, perhaps, more

accurately speaking, the nervous system of our whole

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April 22, 1676.] THE CHRONICLE. 387

business organization. Dare we think what a disaster it

would have been had our banks failed in the panic of

1873 ! We see, therefore, how every man is personally

interested iu sustaining each feature of our banking sys-

tem which adds to its stability.

The latest State legislation on this subject of taxing

banks is in the New York State Laws of 1866, and is as

follows :" No tax shall hereafter be as.sessed upon the

"capital of any bank or banking association organized

" under the authority of this State, or of the United

"States, but the stockholders in such banks and banking*' associations shall be assessed and taxed on the value of

*' their shares of stock therein * * * ^,^^_ ^^^ ^^

"a greater rate than is assessed upon other moneyed" capital in the hands of individuals in this State." Thewording of the law of 1865 was that the assessment

should be on the "par fa^/e," whereas it will be seen that

1 the law of 1866, which is the present law, reads

• *'on the va?!/e." This, however, has always been iiiter-

"•preted to mean par value, and all taxes have been

assessed on that basis, until the past year, when suddenly

it was discovered that it could be made to mean some-

thing else. Consequently, now the advertised capital and

surplus are taken as the standard of value. Of course, to

make up that surplus, there will, iu almost every bank, be

doubtful debts ; and if any of the banks were to go into

liquidation, probably in no case would the shareholder

realize the full capital and surplus. The only trueguage

of the value of a share of stock is what it will sell for in

the market—and, if tBe statute is to be interpreted to

mean the actual value and not the pir value, the assessors

clearly should have taken the stock list and based their

assessment on the average price for the year. But this

• did not suit, because there would be nearly as much lost

on the stocks that were below par, as gained on those

which were above. There would, however, have been, in

the law, the semblance of authority for such a proceeding,

whereas now there does not seem to be the least basis or

excuse for the action taken. Besides, this action appears

to be in direct violation of the United States law.

Bat we forbear entering upon the legal questions

involved. It is sufficient to know that the assessors were

in no way required by the State law to take the step they

have taken, that law having rested, without any protest

from the Legislature, under a different construction for ten

years; and that public policy, and the interest of every

business man in the State, demand that the banks be left

free to increase their surplus, and not be driven by taxa-

tion to divide it among their shareholders. There is

no law to prevent the State banks making such division

at once; and the National associations can also, in the

game way, bring tlieir accumulations down to twenty per

cent. In fact, all this is being done now. Surely, no one

ever heard of a better device for placing a premium on

bad banking.

But it may be a»ked, should there be no limit to these

untaxed accumulations? We reply, that very likely

there should be. To say, however, where the line is to

be drawn, is an extremely delicate question; one, in the

solution of which, the public safety is first to be con-

sidered. The Legislature should approach it with great

deliberation and care, and clearly define and indicate its

judgment and determination. It is of far more import-

ance that our banks be prepared for every possible con-

tingency, than that we should obtain from them a fewdollars more or less by taxation. And especially is it

ill-judged for assessors to take a law, not intended for

any such purpose and which has borne a different inter-

pretation since 1866, and suddenly construe it so as to

work an entire change in the banking p»licy of the

Nation. These institutions owe it to tbe public, as well

as to themselves, to contest the question, and we are

pleased that they have entered upon the work with so

much spirit.

NEW ORLEANS EXPORTISG BRE.lDSTLFfS.

The work of Captain Eads, in deepening the water at

the mouth of the Mississippi liiver with his jetties, is

rapidly growing in interest as its success becomes more

assured; for, with success, we can scarcely over-estimate

the resulting benefits to tiie country. A telegram, dated

tbe 15th instant, states that careful soundings through

the jetties, made last Friday, show the least depth of

w.iter to be 15^ feet clear. A depth of 22 feet extends

1} miles from the upper end of the jetties to within

about half a mile from the deep sea. In this half mile

there are several hundred feet of 22 feet depth. Half

way down the jetties there are 32 feet of water in one

locality, and several hundred feet of 20 feet and 28 feet.

The 15J- feet shoal will be gone, the telegram states, by

the 1st of May, when they will have a channel, at least

20 feet deep, through to the sea.

These facts indicate very satisfactory progress and a

very hopeful prospect. If the end sought can be really

attained—and there is every reason now to suppose it

will be- -we look for a decided change in the business at

New Orleans. Of course, all trade channels work them-

selves into importance, like Captain Eads jetties, slowly.

As is well known, however, the bar at the mouth of the

Mississippi Kiver, has always prevented any considerable

development in breadstuff shipments. Much has been

written in tbe North about wheat and corn heating, whentaken that way; but we are persuaded there is nothing

in this idea. Remove the bar, that i.?, give vessels 28 or

more feet of water, and, we fancy, after that, there will

be very little discussion of the heating question. Thetrouble is now, that it pays better to take cotton ; but with

the improved channel they can carry a mixed cargo, and

make more money. For instance, the Mississippi & Do-

minion steamers, which run between New Orleans and

Liverpool, are never loaded to their carrying capacity.

They fill up with cotton, and load down to, say, 19 feet;

but, remove the bar, and they will carry, jusi about the

same amount of cotton, and put in wheat as dead weight,

loading down to 22 feet. This is simply an illustration

of a general, well-known truth. Now, suppose we add

to it one further fact, stated to us by a New Orleans

friend who proposes to do it himself as soon as the diffi-

culty at the mouth of the river is removed—that is,

bring wheat to New Orleans from Cairo at three cents a

bushel. Very possibly this is a little overdrawn, and

may not be realized; but our informant's plan contem-

plates the construction of a peculiarly made boat, with a

double bottom, which will permit its return up the river

without too much resistance from the current. Wemight add that the person we refer to is a man whose

business capacity has been demonstrated by a success

few attain, and possessing energy enough to prove (if

we did not know to the contrary) that his birth was

among the New Hampshire hills.

But, aside from this individual promise, is it net rea-

sonable to suppose that, after the Mississippi is opened

at its mouth and low freights to Europe for bread-

stuffs become a possibility, some inexpensive modeof floating wheat down that river will be adopted, so as

to save to the producer several cents a bushel, and solv-

ing the question of cheap transportation for the extreme

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388 THE CHRONICLE [April 22, 1876.

Western section? We are persuaded that there is

much in this idea, and that the future of New Orleans,

as a large exporter of grain, is very promising. The

people themselves are not much more than beginning to

understand the situation. It is not their fault, though,

but the fault of a base, corrupt power, which has held

their energies in check while stealing the little they did

make. Now, however, this is being changed. Carpet-

bag rule is at its last gasp, and we may soon hope to see

that beautiful, fertile portion of our country left free

to develop its wonderful resources.

New Orleans is also in other respects in a position nowto be benefitted by any improvement in her surround-

ings. Not only is she gradually obtaining the blessings

of good government, but she has arranged her city debt

which has long been troubling her. The States which

are her near neighbors, and in great part tributary to her,

have also been able to throw ofE their imported officials,

and are free now to develop their resources. A ^ood

illustration of the results likely to flow from this change,

may be seen in the history of Arkansas the past twelve

months. In the manufacturing business she has likewise

made a very favorable beginning, the Lane cotton mill in

the eity having, as we are informed, made 30 per cent,

dividends this year, and the cotton mill at Wesson 40

per cent. Then, again, eflForts are being made by her

people to open up the surrounding country ; an illustra-

tion of this is seen in the projected railroad from Alex-

andria, on the Red River, to Marshall (part of the NewOrleans & Texas Pacific Railroad), which is all graded

from Alexandria to Mansfield, and the city proposes to

tax itself to buy the rails, and hopes to have it finished

for the next crop year. Should this be accomplished,

about 80,000 bales of cotton, it is expected, will be added

to the New Orleans receipts, and, besides this, the moreimportant paint will be gained of tapping the magnifi-

cent wheat-growing district of Northern Texas. Alto-

gether the prospect is certainly very promising, and if

Capt. Eads shall succeed in thejwork he has undertaken,

the whole country will have cause to rejoice, while NewOrleans will be prfetty sure to find its eleven miles of

water front well occupied.

The lowest prices were reached in Aujfust last, when crude in

balk averaged 5.31c., and refined in shipping order 11.40c. Thereduced production began to be felt then, giving rise to consider-

able epeculation, with an advance of about three cents per gallon.

The reduced production was the result of a contraction of work.

in boring new wells, and the extent to which this was carried bya combination among those wtio are proprietors of the pelroleum

lands is exhibited in the annexed table :

NUMSEB OP W£LLS IN PROCESS OF DRILLIXG AT TABIOUS DATEB.Year.1869

Jan. 1.

378April 1.

292413331301177213Hi460

July 1.

8053)98«63'J11

340180108

Oct. 1

33118701871iili1S73

.364

167469381

3054MS61163

l(j'4 37 Si18'5

1876 W'.'.. '.'."...'.'. 340170

1871.

GalloES.14,4:»,851

208,635,38210,bl7,2()8

1675.

Gallons.15,141.395-

803,471,47013,199,1:2

233,663,401 235.111,617

PETROlElIitt—ITS POSITION A.\'D PROSPECTS.

Trade ia petroleum has, during the past few months, been

going through what may be designated as a crisis in its history

This is true of production and home consumption, as well as the

foreign demand. Hence a review of the leading facts bearing

upon the present position of this Important article—the relation

of supplies to demand, the prospective production, and the aiore

recent course of prices—s«ems to be called /or.

The production of petroleum increased very rapidly down to

1874, as may be seen in the following statement of production for

seven years

:

Tear. Bble. I Fear. Bhl»!8«9 4.210,000 11873 7,879 0001870 P,fi73.O0n

I

1874 lI.MfflOK187! 5,7:5,000 1875 8.7,-'0;000187i 6,532,000

I1876, to April 1 2,315,000

In January, 1875, the yield was 853,000 bbls., from which it

fell to 713,000 bbls. last December, and has since slightly in-

creased, averaging 23,251 bbls. per day for the first three monthsof 1876. Consumption and export have also increased veryrapidly, but not so rapidly as production, and there was, down to

the summer of 1875, a very marked decline in prices, of whichthe annexed is an exhibit by years :

eOMPABATIVE PRICES OF PETROLEDM AT NEW TORK FOP. A SERIES OP TBABS.

Shippin" orderNapbtha.

Cents per gal.10-339-83lOUl14 8111-07

9049-87

1889

In Bnlk,Crudt.

CentB per gal18-25

1870 . .

.

13-931871 14 041874 l«-8018731?74 6921875 6-59

1876, toAprUl 8-35

In BM?.,Refined.

Cents per ^-al.

.33 7386 35S4 242r7518-3113-119

IJ 9914'%4

It would appear from the above that the work has been renewed

on the most extensive scale, and probably the dulness and de-

pression in the principal markets which have prevailed for th&

past month, may be attributed as much to the prospect which in

thus afforded that production will be increased materially, as to-

the fact that present prices are relatively high. There is

another circumstance which causes dulness. The trade has be-

come so well regulated, and the nature and sources of the supply

so well understood, that it is not regarded as necessary to carry

excessive stocks, and yet the stocks of petroleum at sources of

supply on February 1st, for the past ihree years, were : In 1874,

1,283,000; 1875, 4,497,000; 1876. 8,73-5,000 bbls. But there are

reduced supplies in Europe, the stocks at the six principal

European markets being : December 31, 1874, 523,757 bbls.; Dec.

18, 1875, 380,254 bbls.; April 1, 1876, 173,363 bbls. This reduc-

tion would indicate an increased consumption, for our exports

have been well maintained, as may be seen from the following

statement of total exports from the United States for three years :

1873.Exports. OalloBB.

Crude 19,643 710Helmerl 209,021,315Naphtha 10,«0,517

Totol 238,915,-.92

Germany has been and continues to be our chief foreign cus-

tomer for petroleum, taking forty-two million gallons from thi»

port in 1874, exclusive of a considerable proportion of ten million

gallons which were cleared to " Cork for orders." The United

Kingdom took twenty million gallons, exclusive of some portion

j of that which went to Cork for orders. France about eleven

million gallons; the Mediterranean and Baltic ports were free

buyers; Australia, China and the East Indies took nearly twevle

million gallons; the West Indies about three millions; and Brazil

about three millions; but other countries of South America are-

not yet awake to its cheapness and excellence as an illuminating

ftuid. The greatest increase in the exportation has been of lata

to Liverpool and London. These two cities took from this port

only 3,324,0C0 gallons in 1871 ; but in 1874 oar shipments to themwere 15,043.000 gallons. The shipments from New York to

Sweden in 1872 were only 100,230 gallons, but in 1874 they were

4,180,619 gallons. The exports of petroleum from New York in

1875 were some ten million gallons smaller th»n in 1874, but

there was at the same time an increase of about eight million

gallons to German, French and English ports, leaving a fallinjr

off of eighteen million gallons to be distributed among the Baltio-

and Mediterranean ports and the more distant or inconstant

markets of the world ; which deficit was in part made good, how-

ever, by more liberal shipments from other ports of the United

States; and it is to be noted that China and Japan increased the

quantity shipped to them from New York.

It will be observed that the price of naphtha has not followed

the fluctuations in crude and refined petroleum, and that the

export for 1875 was much larger than in either of the two pre-

ceding years. Germans invented a lamp, in which, it is stated,

that naphtha may be safely burned ; and at one time it was

employed to a considerable extend in the manufacture of gas, but

the indifferent results produced, and the lower prices of coal and

other articles employed in gas works, have caused naphtha to be-

used less freely than formerly.

The conclusions to be drawn from this array of facts aro not very-

obvious, and do not open up the near future of prices very clearly.

Yet some assurance may be felt that prices at least are not likely

to experience so great a decline as occurred in the summer of

1875. The producers have demonstrated to themselves and to-

consumers, what may be acomplished by concert of action ia

reducing production. Petroleum is aa article of such acknowl-

edged merit that its c-jnsumption is quite certain to increase, tiU

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April 22, 1876.] THE CHRONICLE 389

its coBt shall become so great as to make other means of

illumination comparatively cheap. Its substitution for gas,

in the large cities, is a fact'ol much significance. Even at the

current production of about 700,000 bl)l8. per month, the

demand seems to be fully equal thereto. It is very probable,

from the activity with which the work of drilling wells has been

resumed, that current prices are highly remunerative, and that

some decline is expected, and even desired, as a means of stimu-

lating the demand to meet the increased production which will

no doubt take place. It will be an interesting question, how far

the new wells will add to the supply. Should the increased yield

be considerable, efforts to extend the knowledge of the article

and increase its consumption will be encouraged, as assurance

will be afforded that supplies may be incr«ased with the growth

of the demand.

toteat fllonetarg anit <ttominercial (KngliBl) Neroa

UXtKHOr B.YOHANGB AT LONDON, ANDAT LATEST D.ITES.

ON LONlfON

KXCHANOK AT LONDON-APRIL 7.

EXCHANGE ON LONDON.

OH— TIKS. SATI.LATESTDATE.

TIME. P.ATK.

Amsterdam . .

.

AntwerpHamburgParis

short.3 mouths.

short.

3 months.

Mdays.3 months.

3 motths.

60'days.

S5.4! ®a6..wao.65 aao.7oa5.3iXaS5.33K•«.48>ia55.4r'/a11.9} ^19.00J0.B6 ©20.7020.65 Ei0.70

4rr,a<851)4351

«

87.60 ai7.65i7.80 giK-.85

37.60 1327 65

Is. 8iid.®Kd.U. S>id.%Kd.^ f^Xd.m^ 9dU. \d.a.i.»ixd

April 7.

April' 7.

April' T.

.\prll 7.1

March 59.

March 19.

Feb. 16.

April' 6.

; April 4.

March 30March 3U.

1 April' 5.

short.Smos.

short.

SmoB.short.

3 mos.60 days.90 days.

6 mos.

3 mos.

1J.1025.8530.83•ii.ii

ParisViennaBerlin

liV.bo40.50

Frankfort ....

8t. PetersburgCadiz

'iik

LisbonMUanGenoa.NaoleeMadridNew York....Rio de JaneiroBahiaBaenosAyree..ValparaisoPernambnco .

.

Uontevldeo...BombayCalcatUHong Kong...ShanghaiPenangSingapore . .

Alexandria

43;:o

4.87X

43®43X

U. iii^lM.Is. STicf.

4<. BKti.&». 3Hi.

"96Ji

IFrom oar own correspondent.!

London, Saturday, April 8, 1876.

The Chancellor of the Exchequer delivered his Budget speech

on Monday evening, and regretted that it fell to his lot to propose

additional taxation. The only increase, however, is in the

income tax, which is to be augmented to the extent of one penny

in the pound, or from 2d. to 3d., from which all incomes of £100

per annum and under are to be exempt, while those up to £400

per annum are to undergo a ratable deduction. It is anticipated

that the extra sum obtainable from this additional charge wil

amount to £1,480,000, the result of which will be that a presumed

deficiency of about £800,000 will be converted into a surplus ot

£368,000. The total revenue for the coming year is estimated at

£78,413,000, and the expenditure at £78,044,000. The principal

increase will be in the expenditure for the army and navy, the

necessity of which Sir Stafford Norihcote regretted, but whiclj be

regarded as indispensable in the interests of the country. The

army is to cost next year as much as £15,283,000, and the navy,

£11.289,000. The public do not appear to have expected an

increase in the income tax ; but, as thetix will only amount to

8d. in the pound, not much has been said about it.

Mr. Cave's report upon the finances of Egypt has been

published,but it does not contain very much that is new. It confirms,

however, the popular opinion that the Government of the country

has borrowed in excew of its means, and that great care will be

necessary to avoid drifting into bankruptcy. Mr. Cave says,

however, that, with the exception of the Suez Canal, Egypt has

very little to show for the money she has borrowed, a remark

which is not only new, but is disappointing to th^ bondholders, as

the opinion was very general that the Government had made

very fair use of the proceeds of the various loans. The accounts

have been kept in a very slovenly manner, aad it is' evident that

recent loans were simply acquired for the purpose of paying off

existing liabilities. With regard to the loan issued in 1873, it is

mentioned that it was contracted for the express purpose of

clearing off the floating debt, which then amounted to £28,000,000.

The nominal amount of that loan was £33,000,000, which was

reduced to an apparent effective of £20,740,077, of which, how-

ever, £9,000,000 was paid in the bonds of the floating debt.

" These bonds," It is added, " pnrchasoi by the contractors at k

heavy ditcoust, and sometimes at a price as low as 65 per cent,

were paid into the Treasury at 93 per cent, an operation which

materially enhanced the profits accruing to the negotiators of the

loan." The floating debt was, In consequence, not paid off at all,

and even now amounts to the heavy total of £18,243,000. In

addition to this, every resource has been drawn upon and there

is nothing further to hypothecate. This is evidently a gloomy

condition of affairs, and the prospect is equally discouraging, foi

the Khedive has sacrificed permanently 50 per cent, of the rev-

enae from the land tax, in order to meet his present and pressing

needs. Under these circumstances, any loan for Egypt or doabtfol

States is altogether out of the question. Egypt will find great

difficulty in reestablishing her credit. Prosperity, resulting

from abundant harvests of cotton and cereals, will, of course, aid

her materially, but the country is not an inviting one, and thn

progreES must be slow. The fear is that Egypt is so low in

linancial embarrassment, that many years of extreme carefulness

and watchfulness over the revenue and expenditure are necessary ;

while more honesty is imperative amongst the various officials,

who, it is feared, from the insecurity of their positions, have,

like in most Eastern countries, enriched themselves when they had

the opportunity. To break through these abuses and to inau-

gurate a sound system of finance, will undoubtedly be an

arduous task ; not only because heavy liabilities exist, and the

revenue is inadequate to meet them, but because, also, Egypt ia

wanting in men of capacity to propose aud carry out the

requisite reforms.

The directors of ths Bank of England have, this week, reduced

their minimum rata of discount from 3i to 3 per cent. Themovement was very generally anticipated, as the demand for

money was ou a restricted scale ; the supply of floating capital

was increasing, owing to the payment of the dividends, and gold

was accumulating somewhat rapidly in the vaults of the Bank of

England. The prospect is that money will remain easy for a long

time to come. Trade remains exceedingly quiet, and there is

but little prospect of new schemes being introduced to public

notice, which will have the effect of causing money to leave the

country. There is likely, therefore, to be a very restricted inquiry

for money during the summer months, and hence low rates of

discount must indubitably prevail. The quotations lor money

are now as follows :

IOpen-market ratfls

:

Per cent.

I4 montns' bank hills iH^iH

I 6 months' bank bills iiimXI

4 and 6 months' trade bills. 3 @3X

PercentBank rate SOpen-market rates

:

.30 and eOdiys' bills HHSmonths'bllls SJi

The rates of interest allowed by the Joint-stocK banks and

discount houses for deposits are now as under:Per cent.

Joint-stock banks i &...Discount houses at call 2 ©--•Discount houses with 7 days' notice » §^^Discount houses with 14 days' notice * 02X

Annexed is a statement showing the present position of the Bank

of England, the Bank rate of discount, the price of Consols.

the average quotation for English wheat, the price of Middling

Upland cotton, of No. 40'8 Mule twist, fair second quality,

and the Bankers' Clearing House return, compared with the

previous four years :

1S72.Circulation, Including £bank post bills 86.416.274

Public deposits 9,863. S47Other deposits SJ.^iKi.Slii

Government securities. ;3.3i'4.0.'i6

Other securities 25,8'J0,49J

Reserve of notes andcoin 10,483,331

Coin and bullion li:

both departments.... 31,;00..304

Bank-rate 4p. c.

Consols 93)^English wheat 6>«. Od.

Mid. Uplandcotton... ili^d.

No.40mnleyarnfalr id . „ ., „ .,,,jquality... t». 4d. U. i^d. Is. C^d. !« OXd- £» llXd.

Clearing House retnra.106,518,000 109.071,000 9I.07il.000 1JO,313,UOO 186.563,000

The proportion of reserve to liabilities at the Bank now

amounts to 4o| pT cent, against 45 1-3 per cent last week.

There has bi-en a fair arrival of gold during the week, and, in

the absence of an export demand, somi; considerable sums have

been sent into the Bank. The silver market has been scarcely so

firm, notwithstanding that the Bank of Calcutta has raised its rate

of discount to the hiah point of 11+ per cent. The price of fine

bar silver is now 53fd. to 53+d. per ounce. Mexican dollars are

quoted at 524-1. per ounce. The usual periodical sale of bills on

India was held at the Bank ot England on Wednesday, bat, as

the tenders were below the price at which the Government of

India could entertain them, no allotment was made. Th«

steamer for the East has taken out £330,916 In silver.

ib;3. 1874. 1875. 1876.

£ £ £ £26,HS3.008 37,083,459 a7.si7.rK5 27.811,954

18,61^.879 6.886, 339 5, 156. 8-37 7.614,937

81.592,657 li),fi84,Sn7 18.MK.363 80.623,956

13,38<i,963 13,8(1.3.874 l;i,688.1l« !4.»5!S.311

27.C48,,98 20,188,865 19,763,741 18.708,842

11,441,983 10.517.139 8,697,447 12,979,685

38,698,678 88.850,889 80.858,067 35,458.385

4 p. C. 3X p. C. 3X p. c. 3 p. c.

93X 98).' »3,*i 94K54s. Id. 60* .3d. 48s. 5d. 43s. 4d.

9 5-16d. SXd. 8d. 6 7-lttd.

Page 10: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

3&0 THE CHROmCLE. [April 22 1876.

BniMelfTurin. Florence

per

"ind

Bankrate.

cent. I

3

s4ft

Openmarket)er cent

3

4)<3'^

*H»><

New York 4^®6•

Copenbaeen. .,

ConttantlQople..5

The foUowiDg are the rates for money at the leading cltiei

abroad:Bank Openrate, market,

per cent, per cent.P»H» 4 iXAmateriUm 8 3Hamburg SBerlin 4 3Frankfort 4 SVIennaandTrieet*.... 4X *i(Uadrid, Cadiz and Bar-celona 8 8

Uabon and Oporto... 4 3!^St. Puterebarc 5^ iH

The amount of business in progress in the stuck markets has

been verj moderate, and rather a dull tone has prevailed. The

principal movement has been in Egyptian Qovernment securities,

whiclt have been depressed upon Mr. Cave's report, but the

tendency of values has, in other respects, been adverse. Thepublic have been operating to a very moderate extent, while only

those speculators who enjoy the reputation of bting wealthy have

been able to operate to any coniiderable extent. Much caution

naturally prevails, and this is a condition of affairs which is

likely to last.

The closing prices of the principal American securities at to-

day's market, cooipared with those ol Saturday last, are sub-

joined :

Kedm.United State* 198!

Do 5-2CB 1885Do 5-20 1885

D. S. 1867,t3T1.346,3S0 ies. to Feb. 27,'69, 68. . . . 1887Do funded, 58 1881Do 10-40,58 1904

liOuielana, 8? 1875Do 68

Uaaeachusetts 58 1888Do 6e 1894Do 58 1900Do 68 1889Do 58 1891Do 58 J891Do 53 18«5Do 58 1895

Virginia etock 58Do 6s« 35Do New funded 6» 1905 61

April 1.

109>/i®llOH105J<@i0i-Ji106 @107108 aiftiXI06ii!air6ji

106>s-S106X35 © 45

(a 45©103©-05©104©104©104aiM©104©104

AXERICAK DOLULR B0.SD8 AND 8HARE8.

© 40© 63

April 8.

10»J<©I10J^106 ©106>i105 ©107109 i»10»)i10o)f©I0J:C6 ©107

© 45© 45

3535101101102102102104102i02....© ....

©10.1©101©104©104©104©104©104

8561

.40^ 63

Atlantic Si Great Western 1st M., $1,000, 78... 1902 2TDo 2d mort., $1.000, 7e.. 1902 ~

Do 3d mort., $1,000 1902Do l"t mort. Trustees' certincatesDo 2d do doDo 3d do do

Atlantic Mlesisfippi &01iio, Con. mort., 78. ...1905Baltimore & Potomac (Main Line) Istmort, 68.1911

do (Tunnel) Ist roortgdge, 68,(guar, by Pennsylvania & No. CentRailway) .1911

Central of New Jersey, cons. mort.. 78 1899Central Pacific of California, Istmort., 68 189*DoCalifor.&Oreson l)lv.l8tmort.gld.bdB,6s.l892Do Land grant bonds ISM

Detroit & Milwaukee let mortgage, 7i !8"5Do 2d mortgage, 8s 1875

© 29

© 14

© H@ 89

© 14

© 6

t3293

a (14

© 99

a 97

© 91

© 87©45a 45

Erie $100 shares 17X® '8Do preference, 78 S3 © 80Do convertible cold bonds, 78 1904 42 ©44Galveston & Harrisbnrg, let mortgage, 6e 1911 60 ©65Illinois Cenlral, $100 shares 89 ©COLehiehVallev, consolidated mortgage, 6e 1923 9IJ<© 92>^Marietta * Cincinnati Railway, 78 1891 99 ©101Hiesonri Kansas & Texas, let mort., guar, goldbonds, English, 7s.... 19C4

New York Boeton &, Momreal. 7s 1903New York Central & Hudson River mortg. bonds.

7

103New York Central $100 shares . 101Oregon & California, 1st mort, 78 1890 25

do Frankfort commit'e Receipts, x coup. 24Pennsylvania, $50 shares 50

I)o. let mort., 68 1880 ...Philadelphia * Reading $50 shares 4iPittsburg Fort Wayne & Chicago equipmentbonds (guar, by Pennsylvania K. R. Co.), Ss 102

Union Pacific Land Grant 1st mort., 7s 1889 89Union Pacific Railway, 1st mortgage, 6'b 1898 91

AMERICAN BTERLINS BONI>e.Allegheny Vallev. guar, by Penn. R'y Co 1910 94Atlantic & Gt. Western consol. mort., Bischoff.

certs, (a), 7s 1892Auantic Jt Gt.W., leased lines rental trust, 78.1902Do do. do. 1873.78,1903Do. do. Western eiten., 8s .1876Do. do. do 7s, guar, by Erie R'y.

Baltimoie £ Ohio, 6e 1S95Do 68 1902Do. 6s 1910

Cairo & Vincennea, 7e 1909Chicago &i Alton sterling consol. mort, 6b. .. 190.3Chicago & Paducah 1st mort. gold bonds, 78... 1902Cleveland, Columbus. Cin. & Ind. con. mort...1911Eastern Railway or Massachusetts, 6< 1893£rie convertible bonds, 6s Ibi75

Do. cone. mort. for conv. of existing bonds.7s.l920Do. second mort, 7s ^ ... 1894Oilman Clinton & Springfield 1st mort.gold,78. . 1900IlllnoiB & St Louis Bridge 1st mort 7a 1900

27 a 2911 a 13

4jr® 5v27 a 2911 ® 13

4>i© 5>/,

28 © 3291 a 93

93 a 94

98>/,f mx97 © !<8

9014a 91'/,

85 © 8785 a 4535 ©45I'X® 1827 © 2942 a 4460 © 6589 © 9092 © <Si

99 ©101

53 a 56 63 © 56

©110©103© 21

© 26

© 51

© ...

a 45

©101© 91

a 96

io9x@no>!f101 ©103

© 27

© 26

© 52© !«

©44

252461

9343

1088994

aioi® 91

a 9a

a S5 S4Xa 95X

Do. do. 2d mort, 7b 55minolB Central, sinking fund, 6s 1903

Do. do 6s 1895Lebigh Valley consol. mort. "A," 6e _.;-=u;sville A Naehville, 6b 19i2Memphis & Ohio Ist mort 78 1901Milwaukee & St Paul. Istmort 78 1902New York & Canada K'way. guar, by the Dela-ware A Kudswn Canal 68 1504

N. T. Central & Hudson liiv. mort. bonds, 68.. 1903Northern Central R'way. consol. mort, 68 19(4Panama general mortgage, 78 1597Paris & Decatur 1892Pennsylvania general mort. 6s 1910

Do. consol. sink'g fund mart 68 1905

• £x 6 coupon*, January, 1873, to July, 1874, inclusive.

©105"112

94©106© 35

tl08I02>i

Redm.Perklomen con. mort (June '73) guar, by Phil.AReadlng, 68 1913

Phil. * Erie ist mort (gnar. by Penn.RR.)6s..l881Do. with option to be paid in Phil., 68

April 1. April 8.

PbiL A Erie ^en. mort.(guar. by Penn. RR.)6s.l920'"""' general coneol.

imp. mort., 6s1911

1897PbiJ. A Reading general coneol. mort 6b.

Do.Do. geii. mort, 1874, 6's.

Do do Fcrlp. £15 paid.. .1903Pittsburgh A Connellsvllle Con. Mort. Scrip,guar, by Baltlmoro A Ohio KR Cs.. 6s

South A North Alabama bonds, 6s • 87Bt Louis Tunnel 1st mort. (gnar. by the IllinoisA St. Louis Bridge Co.) 98 18S8

Union Pacific Railway, Omaha Bridge. 8s 1896United New Jersey Railway and Canal, 68 1894Do. do. do. do. 6s 1901

65 a 7589 a 91106 ©108iu« ©los

We have enjoyed a week of remarkably fine weather, and the

farmers have been able to make rapid progress with spring

sowing. The effects of the recent heavy rains are passing away,

and, indeed, on the high lauds, a genial shower would do good.

The prospect is certainly more encouraging, and there is no

reason to believe that the harvest, taken as a whole, will be a defi-

cient one. A large crop of wheat, however, is impossible, as the

area of land under that cereal is small. Experience has taught

us that we can now supply our deficiencies at a very moderate

cost, and the public now pay but little attention to deficient har-

vests. The farmers, however, complain bitterly, and it is a well"

known fact that there are many excellent farms to let, for which

it is difficult to find tenants. The low price of wheat and the

foot-and-mouth disease have frightened capital away from

agriculture ; and, unless farming should become more profitable,

the productions of the soil in this country will diminish.

The trade for wheat during the week has been very quiet, but

there has been no material change in prices. Choice qualities of

produce have chiefly attracted attention and have been steady io

value.

The following figures show the imports and exports of cereal

produce into and from the United Kingdom since harvest, viz.,

from September 1 to the close of last week, compared with the

corresponding periods in the previous three years ;

IMPO1875-6.

RTS.1874-5.

21,632.4459,4J»,1024,972,3171,('44 ,820

1,436,2188,M0.2384,sa),2l8

)RT8.172,16315<,t9042,67415,482l,4-.0

36,-56

4I,6:M

1873-4.26,015.349

5,6'i2,562

5,725,074615,311

2,665,0139.229,i45

4,131,454

1,522.282227,73567,0869,3612.232

94.20994,5al

187t-3.29,059,470

Barle;Oats

5.8I8.4Br(

(i 54^,672

11). 41.9.048

5,!),38,016

PeasBeans

956.0W2.202614

814.5721.628,610

Indian Com ....

nour

WheatBarleyOats

13.316.4154.0J2.167

EXP<CWl. 16.3.587

18,698173.6.W

12.768.U62

4,468,797

139,14010,14410,638

PeasBeans

24.9 8...... .. 6,7)2

3I..W8

5,4881,032

20,802

Flour 1.3,822 18,199

The returns for the week ending April 1 show that in that

week 41,340 quarters of wheat were marketed in the 150 orincipal

markets of England, against 46,099 quarters last year. In the

whole Kingdom, it is computed that the sales were 105,400

quarters, against 186,800 quarters in 1875. Since harvest the

sales in the 150 principal markets have been 1,410,385 quarters,

against 1,363,243 quarters ; and in the whole Kingdom, 5,641,400

quarters, agaioit 7,449,000 quarters in 1874-5. It is estimated

that the following quantities of produce have been placed upon

the British markets since the commencement of last September:1875-6.cwt.

Imporfa of wheat since harvsst. . . .3i,«5:J.973

linporlsof flour since harvest 4,03.%1'«7

tales of Enulish wheat. . . S5.-38ii,570

Total 6J,.3:2.710

Deduct exports of wheat and Gonr. lS7,ll>y

Result 63,155,601Average price of English wheat forthe season 45s. !0d.

1874-5.

cwt.21,6(2.4454,.';03.21i

,3.3,52(1,400

55,45;,063213,796

59,24.',207

438. I'.d.

187.3-4.

cwt.26,81.'>,3I9

4.131,45489,733,90J

59.660,7031.616,863

69,063,843

61e. lid.

1878-3.

89.089.4704.468.797

S9,359,«30

6i.9i7,497152,S39

62,765,158

56s. 9d.

Our supplies of foreign wheat and flour during the first seven

months of the season, viz., from September to March inclusive^

were derived from the following sources:IMPORTS op WHEAT.

From— ' 1873-4.

Russa CWts. 4,299,533

United States 11,408,128

Briiieh Noiih America 3,218,0111

Germany 1,718,260

France 6.043

Chili 6.7,441Turkey, Moldavia and Wallachia 184,573

Egypt 3.W,174Oiher conntricB 2,237,10J

Total 26,297.919

IMPORTS OF PLOCR.

United States 1,870,144

Fnnce 284.690Germany 663,741BriiirhNorih America S57.964

Other coumrles l,0n,5S6

Total 3,951,095

According to the official returns, the value of the cereal produce

18-4-5. 1875-6.

4,616,013 6,91.3.368

11.2J8,8»5 12,110,419

1,398.011 2.093,216

1,682,931 2,96.3.864

881,617 951.438672.772 606,8»J4';E964 1.204,229

73.445 2,104,.'S34

7!5,I21 3.871,936

21,116,014 32,351,873

1,.305,244 1.472,410l,(i«V7.W 8«1.SII898,881 6C8.74597.976 1«(,083

395,212 '.56,050

3,-;63,071 3.9J6,S49

Page 11: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

April 22, 1876.] THE CHRONICLE 391

Imported into the United Kiogdom during the firat seven months

«I the season was as follows

:

"Wheit . £17.471,408Barley

""

OauiPe»» .

BeaixjDdUacornfioar

1871-1. 18:4-5. 187^-«.

£17.471,4'J8 £11,00 t.crtO £17,8 il. 24

«,89.),489 3.»99,033 a,4a7.«:i

S,4S5,809 i,Sll,613 S,3.M,««S8 1.118 4K.'{.!I31 4SH.S48n,2«-k 677,8'iO S5rt,8'«

8.6S3,!i«5 3,318,1)11 4.714,19!)

8,T93,(»3 3,6S3.4!IU 3,141,978

Total £31,079,3S1 £31,537,031 £3:,S87.3.%

The increase orer last season amounts, therefore, to about

327,850,000, or about one million s:erHng per month.

The Board of Trad') returns for March and the three monthsending March 31 were issued yesterday. They show the follow-

ing results:

IXPOBTS.

18:5.

£10,920.71789,331,910

1874.In March £J9.74«,841lu thrue moDtlis Sij.Wa,!^!

ZXF0BT9.In March 30,100.814la three monthj 87,803,0M

The exports of cotton yarn and cotton piece-goods during the

three months were as follows

:

18.606.aJ3

B3,060,33J

1876.

£J7,4.M,35191,915,097

17,739,101

50,87«,118

OOTTOK TAlUt aNO TWIST.

To Russia lbsTo GcrnianyTo HollandTo France

In tranaicTo ItalyTo Austrian territoriesTo TurkeyTo Egjpt

in transitTo Chi a and Hong KonzTo .lapan ?To Britleh India—

BoranayMadrasBenrailStraits Settlements ..

CeylonTo other countries

1«74.

350.5608,673,1)58

10,4J7,358MS,4«0

1.587,500

4.981,1501,1.3^0004,0!8,7l)O

431.99091,800

4,0<7,!>nO

2,17d,000

1,731,3003.933,6003,.331,350

tiU.SBO7.),000

5,095,319

1875.

313,40010,0!%«00(',l«l,.30O

689,W0*

5,415,700778,.'500

8,6:6,100393,400

8,076 5008,977,400

1,581,700l,545,.9fl0

4,Hlil.500

491.40361,100

5,031,800

1878JO',100

10,5(3,800

9,028, BO I

l,Sl»,5O0•

6,4:J1.500

66), 100

a,';76,o()o

661,500«

.%8 1 1,9003,0'>7,900

2.4«8,4no2.148.500

3,751,01X14i!(,3iX)

41,6005,973,600

Total ... 53,311,763 60,413,100 53,510,500

COTTON PIECE O0OD9 OF ALL KINDS.

ToGermany Yards 15,606.030To Holland 11,010,000To Franco 11301,750

In trnnsit 1S.99!,3C0To Portugal, Azores, and Madeira 18,0H,»WTo Italy 81,355,980To Austrian territories 4,89.M00ToGroece 8,033.600To Turkey 5%903.10)ToB/o'lit 81,639,980

tntnmU.... 6,396,500To Wc5t Coast of Africa .3,-303 600To United States SOUS ISO

In transit 87,351,100To Foreign West Indies 10,089,500ToMexIco 6,033,600To United States of Colombia (New

Granada) 18.895.300In transit 10,871,700

ToBrizil 39,183,700To Uruguay 8,4i0,lC0To Argentine Republic 7,%1.8i0

"liofihili 13,56:,li0

ToPeru 6,116.100To China and Hong Kong 135.0W,310

In transit 5.3S6.600ToJapan 9.553,100ToJava 9,0.n,.',00To Philippine Islands,.! 2,574 410To Gibraltar 7.896.750To Malta 4.947.101To British North America 3.1063OOTo British West India Islands and

Gniana. 1(1,143,700To British possessions in South Africa. 4,065,651To British India-Bombay 74,017,470Madras 1.3,939,100Bengal 139,631,700straits Settlements 3.^847300

Intransit 5179S.100Ceylon.

_ 10,938.500ToAustralm 5,31i),400To other countries 43,445,400

Total unbleached or bleached 63:,499,930Total printed, dyea, or colored 349,5 3,934Total of mixed materials, cotton pre-

dominating 4,733,550

Total 881.816.104 865,390,400

OTHER KANTtrACTUBES OF COTTOX.

Lace and patent net £ £Hosiery of all sorts doz. pair. 215,13:5 sbVwiThread for sewing lbs. 1,964,549 2.311847Other manufactures, i^nenumerated £ £• Since January, 1875, the registration of the indirect trade to these coan-

tries ha< been discontinued, and the goods are now carried to the reaoectlTecountries of ultimate destination.

17,061.80015,eS0,.300

16,133,500«

:i6,56;,70l)

. 21,794,0003,570,3„06,774.8005«,06:,3iH)

36,641,700«

4,644,900S9,I"1,100

*

14,001,900

8,213,700

8,373,000*

61,036,1004,917,1007,131,:300

9,035,9008,76^.800

94,S93,100«

11,337,40016,146.8006,469,31)0

4.558,5003,117.9no

23,136,1.00

8,S91,100

3,339,700

83,54«,30O10,157,500

131,34170030,833,500

«

6,9!6..300

6,333,10061,918,900

613.9S0.4O0

818,918,700

3.391,300

16,120.30013,189,700

85,464,900*

30,987,60083,768,5003.763..SOO

5.5I9,'i00

60,773,30088,543,700

«

4,666,800

83,891,809•

14,326,400

4,315,400

8,717,000*

47,291,0004,765.1110

8,492,00013,319,9001.815,200

116,511,900•

7,211.70011,641,5006,571, 100

8,639.8006, 169 900

13,370,100

10.372,800^5^,loo

106,371,5001.3,111,900

194,197,50027,5 '7,800

*

11,039,0006,3.30,500

88,813,.^00

691,864,700

155,116,400

8,890,700

930,871,800

'£30;,730

8.332,(86

£

EaxlUli market Reports—Per Cable.Thedaily closing quotations in the markets of London and LItm.

pool for the past weelc have been reported by cable, as shown inthe followinj; summary

:

ITie directors of the Bank, at their meeting on Thursday, fixedthe. minimum rate of discount at 2 per cent.

London Monty and Stock Market.—The bullion In th« Bankof England has increased £1334,500 duriox the week.

Sat Moo. To«i. Wsd. Tbar. TrtOonsols for mossy 94 9-16 M 13-16 81 15-lS 85 1-16 95 1-IS

" accouDt 94 9-16 >j W 11-lB M 15-K 85 6-l( M 1-16l7.8.6i(5-80a,)18«6,old.:03K ^ 108V 1031i lO^K 103X

1867 lOiH =10«X I08« mn 108V

0.8. 10-408 lem en 105^ io« io6ji los^Ntw Si 105X 105 104X iOiii 105M

Tbsquotttions for United States new fives at Frankfort were :

a.S.newflres lOlX .... lOlX W\)( .. . lO'.K

LivtTttool Ootton M'lrktt.—See special report of cotton.

Liverpool Breadttujfi Market.—Bat. Mod. Taes. Wed. Thar. FrI.». d. t. d. s. d. a. d. s. d.

Floor (extra State) Vhbl 23 6 c 880830130830Wheat (No. 1 spring)., yctl 9 7 7 88 88 88 88" (No- 8 spring ... "91 S 98 8* 98 98" (winter) "»8 2 '" '" '• '9

Com (D.NV. mix.) V quarter 86 3 " 26 3 8'i3 263a«0Peas (Canadian) « aaarter 39 6 S80 380 33 380

Liverpool Provitioni Market.—

8at. Hon. Toes. Wed. Tbar. Frl.I. d. •. d. a. d. •. d, r. d.

Beef (mess) new 9 tee 83 ^ 880 86 880 870Porlt (W't.meBS)now^bb! 87 -S 87 87 81 FfBacon (I.cl. mid.InewVcwi 54 3 64 53 6 53 6 53 «Urd (American) ..." 59 3 (g 68 « 68 68 68 6Olieeie(Amer'n line) " 63 6 &3 6 88 93 68

Liverpool Produee Marl^et.—

Bat. Hon. Tnes. Wad. Tsar. Pri.a. d. B. d. a. d. a. d. s. d.

Boslli(commOB)... fcwt.. 60 48 49 49 49" (pale) " 16 b 16 10 10 16

P«troleUiO(reflned)....»ga! lIJi S UH 11« 11« IIX,'spirlts) " 9 o 9 9 9 8X

raUow(prim^C.ty)..»cwt. 41 6 B 41 6 41 6 41 9 41

CloTerseed(Am.red).. " 63 ; 63 63 63 63 II

Spirits turpentine..... " 24 9 84 9 84 9 84 81

London Produee and Oil Market).—Sat. Mon. Tnes. Wed. Thar. Frl.

£ e d. £ e. d. £ s. d. £ B. d. £ a. d.

Uns'dc'ke(obl).9tc.I0 10 10 10 10 10 10 10 10 10

UBseed(CalcutU) 45 6 ^ 45 6 43 6 45 6 43 69agar(No.l3D'chitd) 2 *«Dipot,«cwt 810-3 81 81 81 SI

Spermoll «tnn..9400 9 91 91 8t OlO 94Whaleoil ".3400 34 003400 84 00 84 00Unseed oll....»ewt. 33 3 : 836 886 889 88 9

(Kiommerctd anh iViiBCtWantons ISitvos,

Imports and Exports for thk Webk.—The Imnorts this

week show a decrease in both dry goods and general mer-ohandlse. The total imports amount to $5,003,423 this week,against $7,369,533 last week, and $7,447,171 the previous week.The exports amount to $5,069,395 this week, against $4,533,403 last

week and $4,801,300 the previous week. The exports of cottonthe past week were 5,330 bales, against 7,376 bales last week.The toilowinu are the imports at New York tor week endinir(for

dry goods) April 13, and for the week eoding (for general mer.chandise) April 14 :

roaaisH ikfobts at Maw toiik roa thb wiax.1873. 1874. 1875.

Dry goods f3..30),990 11,738,635 |1,907,T31

General merchandise... 9,045,615 7,541,130 4,310,056

1876.

tl.659,5933.403,639

»5 063,4:894,614,i.07

Total for the week.. »13.346,614 »9,8e9,815 $6 117.7:7

Previoaely reported.... 137,i;!<,971 131.674,493 106.876,391

Since Jan. 1 1139,516,535 $130,944,307 $113,994,058 $90,678,339

In oar report of the dry goods trade will be found the importsof

dry goods for one week later.

The following is a statement of the exports (exclusive of specie)

from the port ofNew York to foreign ports, tor the week endingApril 18

:

XFOBTS rBOK KSW TOBS FOS TBI WHS.1873. 1874. 1875. 1873.

Fortheweek $6,947,560 $1 309,S!3 $5,615,810 $5.«69,3«5PreTioasly reported 71.830,396 78,904,463 66.:52,418 69,395,658

InceJau. 1 $31,767,856 $83,213,731 $73,369,238 $74,46M17

The following will show the exports of specie from the port ofNew York for the week ending April 15, 1876, and since thebeginning of the year, with a comparison for the correspondingdate in previous rears:

Apr. 13—Str. CityofMerida.. .Havana Spanish gold $150,180Apr. 13—Str. Suevia Hamburg Spanish gold 833,400

Ooldbars 80,000A merican (old coin. .

.

835,000Apr. 15-StT. Nellie Martin St. John, P. E.. Silver coin 15.C0OApr. 15-Str. City of Vera Uruz.Hjvana Silvarcoin 3,."i00

Spanish geld 1C0.019American gold 70.000

Apr. 15—StT. Germanic Liverpeni Silver bars 14.300

Apr. 15—Brig Daylight Ponce, P. R American silver S8.000

ToUl since January 1, 1876 $11,661

Same time in—|

1875 $18,265.3431

1874 9.9«7,3i5 I

1873 17.351.431I

1373 7.50.1,670

197: 80,001,635

Same time in—1870 $7,881,934

1889 .... 9,ri7,V37

1363 18.888.756

1367 7.9<i0815

1366 5,816,(86

The imports of specie at this port during the past week havebtra as follows :

Page 12: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

392 THE CHRONICLE [Ap il 22, 1876.

Apr. n—Str. Acapnlco Aspinwall Slhercoin |5,7«lGold CDin J,4ti«

Uolddnet 848

Silver biillion 4.CC0Apr. 14—Str. Atlai Port »u Prince.. Silver roln 7,9S4

GoldcoiH 1.-.47

Apr. H-Str. Tybee St. Domingo.. ..Sliver coin 3!)1

Goldcoln 898Apr, H—Str. Nellie Martin.... St. John, P. R..Silver coin 176

Goldcoln 176

Total for tbe week tai,i59PreTioMl? reported 1,45«,139

Total «inc« Tan. 1, 1876. tl,474,J18

Bane time in— i Same time in—ICTS |6.S7;.«7 I 1870 $6.12;. SJ71674. ... 1,1(4.968 ! lti«9 7.508,9761818 1.062,945

I 1S68 2,683.101187S 591,41811867 674,7481871 .. . 8,919,461

1

NationaIi TRB.istJRT.—Tiie tollowing forme present a gnan.n%Tj of certain vveekly transactions at the National Treasury.1.—Securities lield by tUe U . S. Treasurer in trust for National

Banks and balanc<^ in the TreasuryCoin cer

,-BaI. in TreaBnry.-^ tiflcateaC»in. CarrencT. oatst'd'eTetal.

Notes in ^Fracrioaal Currency.—, Leg. Tan.Circdation. Received. Biatrluuted. Distrib'd

Week For For U.S.eading Olrcalatlan. Denasite.iwe.Marcli IS S.53,781,100 )8,f31,500 372,50-2,600 70.977,4(0 4,703,257 33,424,00«Marcll »5 3>!,895.700 I8.«T1,5,)0 37-2,5fiT,200 73,9:i7.609 4,347,073 31.2.34,306April 1.. 3:2..S23,9)0 I8,69S,.'iOO 371,020,450 73,7156,794 5,96.5,tia'iAprl 8.. 8.51,5j8,450 18,658.000 .370,1:^6,4.50 74.154,593 4.760,923 30,931.W9April 15. 850,400,000 13,600,000 3S9,000,000 75.179,539 5,205,593 29,<r90,100

2.—National banlt currency in circulation; fractional currencyrsceived from the Currency Bureau \)y U. S. Treasurer, and dig.tributed weekly ; also the amount of legal tenders distributed

:

Week•ndlar1876.

Ji»"''18 339,646,214MarchlS til»,325,3.39 3,363,000Aprill

fP'11,8;'.'.'.'. '.'..'... iUio.os'e

AprlllS 338.400.000

Silver Payment.—Secretary Bristow has issued the followingregulations

:

Ciroular inatructUma concerning the isme qfntlver coin of the United States inptice offractional ciirrsr^cy.

,Triasctit Department, WASHiNOTOjf, D. C. .4pril 18, 1876.

By virtue of the authoriiy vi-9t<d in the Secretary of the Treasury by theMcond section of an act entitled " an act to provide for a deflciencv in thePrinting and Engraving Bure.-iu of the Treasury Department, and for the issueof silver coin of tbe United stotcB in place of fractional currency," approvedApril 17, 1870, the several officer,- below ncmcd are hereby anthorized, upon thepresentation at their respective offices for redemplitm of the fractional curreucvof the United States, iu sums of $5 or multiples thereof, assorted by denom'-Inations, and in amounts not to e.iceed JlOO, to issue therefor a like amount ofthe silver com of the United States of the denominaiion of 10. 20. S6, and 50cents

; and furthermore, upon the presentation for redemption at the office ofthe Secretary of the Treasury of the United States in this city, of any amountof such currency properly assorted, and in sums of not lees than S5. the Treas-urer is authorized to issue silver coin therefor to the amount of the currencypresented; or he may issue his check therefor, pavablein silver at either of theoffices hereinafter named, at the option of the party presenting the currency, asfar as may be practicable from time to time. Fractional currency redeem.-d insilver under these instructions by anv of the Assistant Treasurers, or any desig-nated depositories of the United States, will be sent in sums of Jl.OCO or mul-tiples thereof to the Treasurer of thi- United States, in this city, the amount tobe charged m the Treasurer's general coin account as a transfer of funds, andany amount of such currency, for which silver has been paid, remaining at anytime in the cash of the several offices, will be treated as coin assets, and in nocase will snch fractional currency be reissued.

Fractional currency sent by express or otherwise to the officers below namedfor redemption in silver, under the provisions of this clrcnlar, should be ac-compaBiedbyaletler of advice, stating fidly the address of the sender andnow the remittance in payment therefor is desired, and, if by Treasure: 'bcheck, the office at which the check should be made payable. Tne Govern-ment will not puy express charges on the silver issued or the fractional cur-rency presented for redemption under the provisions of this circular. Theoffices herein referred t , are as follows: The Treasurer of the United States atWashington, D. C; the Assistant Treasurer of the United States at Boston,Mass.

;the Assist.int Treasurer of the United States at New York City ; the As-

alstant Treasurer of the United .'<tates at Philadelphia, Pa.; the AssistantTreaBurer of the United States at St. Louis, Mo. ; the Assistant Treasurer of theUnited States at Charleston, S. C; the Assistant Treasurer of the UnitedStates at New Orleans. La. ; the Assistant Treasurer of the United States atCincinnati, Ohio.; the Assistant Treasurer of the United States at Chicago,Xil.; the Assistant Treasurer of the United States at San Francisco, Cal.; rtieAssistant Ireasurer of the United States at Bnltimore, Md.; the United StatesDepojitory at Buffalo, N. Y. ; the nited States Depository at Pittsburgh, Penn.„ _. „ „ B. H. Bbistow, Secretary.IsEW Houston Citt Bonds.—The Houston (Tex). Telegraph

It is known to our citizens that during the past week quitea number of cases of the city against delinquent tax-payershave been tried in tbe District Court. lu one of these cases, triedon Friday, tbe question of the city's power and authority to create asinking fund of one per cent to pay tbe interest on the consolidatedbonds was raised. Judge Masterson ruled that the Court refusedin any way to interfere with this one per cent sinking fund, andfurther ruled that tbe city had the power and authority, under thelaw, to arrange with its creditors and issue this consolidated bondIn other cases, tbe Court also denied the light of parties to offsetth»ir taxes in coupons of the old bonds. This settles the legalityof the city's action in compromising with its creditors, fundine itsdebt and issuing a new bond therefor.

Allegheny Valley.

(For the year ending Pee. 31, 1876.)The annual report has the following:

IAK}iIKGS.

1875From freight... •.

$1,895.207 20From passengers 421764 47Prom express. 17,'750 69Krom mail, 25 "*J2 71

Fromrente.. V. '.:...:.:::;. ; iliss 54ivram miscellaneoas 34,789 97

Total tS.399,638 43Sbowinsan Increase of $1U,;66 48

1874.

$1,823,6«(; 2^»08.)00 2814,040 P611,260 36S.SBo 12

57,179 74

*2,339,166 48

ESPISSES.1875. 1874.

$375,106 CO365,725 62:33,6;2 2S606,135 11

Total operating expenses 81.342.141 65 $1,380,6-38 96General expenses and taxes 7J,854 70 90,;4B 70

For condncting transportation $842.8)7 65For motive power 315,03113For maintenance of cars ... 126,927 67For maintenance of way 557,3*5 14

$1,470,764 73Total expenses ..$1,414,9% 35Being a decrease of $65,788 38

Net earnings for 1875 are |984,642 15, an increase over 1874 of

165,954 86.

The percentage of expenses show a decrease of 1.85 per cent,

over 1874.

River Division (Pittsburgh to Oil City).—The expensesand net earnings of this division show as follows : Expenses,$1,139,935 40; net earnings, $728,258 15, against $821,759 75 in

1874—a decrease of $93,501 60.

Low Grade Division.—In this Division, Redbank to Drift-

wood, the earnings are given at $510,472 65, against $277,242 9Sfor 1874, an increase oi $283,230 75. This increase is largely

owing to tbe fact that this division was only in operation for

eight months in 1874 ; also to the development of the coal traffic

along the line.

Assets.—The value of the entire lines and equipment is placed

at $33,837,683 79; available assets, including shops-, materials,

cash in band, and balances due from agents and individuals,

$460 763 57.

Added to the above are :

ASSETS.Ba'ance due from Oi! Creek & Allegheny River RR. (in bands).

.

$158,511 21Claims in suit 408,632 4.?

Balince likely to becharged to construction 2tj.784 OiCost of Buffalo Cnrry &, Pittsburgh Railr»ad (43 miles) 501,634 5&Cost of stock in Oil Creek St, Allegheny River Railroad Company

(41,000 shares) l,69i!,2oO OOCost of stock lu Brady's Bend Bridge Company 30,000 OOBalance of income account (prtflt and loss) 661,697 47

Total assets $27,757,697 6TLIABILITIES.

Capital Stock (43,300 shares) S2,X66,500 0(h

Funded debt... 17,382,000 00lucreased bonds 5,403,900 OO'

Total capital and funded debt $24,952,400 OOBonds and m<irlgages on real estate 1.36,443 97Due railroad companies on current accounts 133,030 34Accounts and bills payable 868,418 Sfr

Amount of coupons advanced for by Pennsylvania Railroad. ... 1.049,685 00Interest accrued due January and April, 1876 441.679 28*

Suspended debt 676,140 6*

Total $27,7.57,697 67

Suspended Debt.—Total cost of road up to December 31,

187.5, is given at $->2,831,683 79.

The settlement of the suspended debt hag been made by mostof the creditors on the terms of the composition in Imnkruptcy,the amount remaining unsettled with tbe close of 1875 being$676,140 52. Of this $111,805 23 is secured debt incurred for

the purchase of the Buffalo Corry and Pittsburgh Railroad. Theincome bonds issued to Dec. 31, 1875, on account of suspendeddebt and interest amount to $5,403,900. Contributions by th*Pennsylvania Railroad, Philadelphia & Erie, and Northern Cen-tral Companies to the payment of the deficit in this company'searnings, of the amount needed to pay interest ou the incom»bonds, under the terms of tbe contract of Oct. 2, 1874, amount to$99,6S1 89 ; interest on the income bonds held by individuals hasbeen paid in cash as due, that to the railroads in bonds. Thereport then alludes to the Oil Creek & Allegheny River road andthe Buffalo Corry & Pittsburgh road, in which the AlleghenyValley Railroad owns controlling interests; it concludes by re-

marking that the present condition of the AUejlieny ValleyRailroad is better than for years before, and that it.s operationshave been carried on without a cerious acciSent during the year,

not a single passenger having been killed or injured during 1875.

Chesapeake and Ohio Railroad.—Tbe Committee of Pur-chase and Reorganization, under date of April 18th. has issued a cir-

cular, in which they say that having foriually assumed tbe futuredirection and management of all matters connected therewith," It will be the aim of the Committee to perfect the reorganiza-tion without unnecessary delay, and in the arrangement of thodetails to consult the interest and convenience of the bond-holders."

" They will cooperate with the trustees of the mortgages in

bringing the suits for foreclosure, now pending in tlie courts of

Virginia and West Virginia, to a satisfactory issue, and in secur-ing a decree of sale as early as practicable ; tliey will provide for

the deposit of the outstanding bonds, when their surrenderbecomes necessary, with a responsible trust company or othersuitable depository, and the issue of negotiable certificates indenominations to suit the convenience of the owners of thebonds ; they will purchase the property when offered for sale, andmake the necessary provision for the issue of tbe new securities

and the proper organization of the successor company, and, ia

general, endeavor to devise and carry out such measures, in

accordance with the terms of tbe plan of reorganization, as will

best promote the objects and tend to secure the results for whichit is designed."

The committee are gratified to announce that, up to the presenttime, the holders of $10,512,400 of the first morgage six per cent,

bonds, out of a total of $15,000,000, and $10,892,000 of tbe sevenper '^ent. mortgage bonds, out of a total of $13,131,(X)0 outstand-ing, have already signed their assent to tbe plan of reorganiza-tion. The privilege of participation still remains open under thedirection of tbe committee ; and there is reason to expect thatbefore the sale takes place the co operation of the bondholders,and all other parties interested, will be practically unanimous.

Page 13: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

April 22, 1876.] THE CHRONICLE b93

^l)t S anker 9' ©a^ttc.DIVIDBNDN.

TbefoUowtneDlTldenda hare receoilr heeti acnonnced :

COXPAMT.

Kallroad*.Boeton & MaineConcord

Baulcs.Falton National .

Mercantile NationalNational Mechanics^ Banking AssociatioB.Pacific (quar.)

imscrllaiieoa*.ITnlted Statea ExiireB?

fBB VVUEK aoOKB Ul.uaBU-CiHT. P'ABLB. (Dajra IcclnalTe.)

$8 'May 15'Apr. 21 to May 1

5 IMay 1 Apr. 19 to May 1

5 IMay 1 Apr. SO to May 1

4 iMay 11

3 May llApr. 23 to May 1

3 |May 1

t2 IMay 1 Apr. 31 to May 2

FKIDAY. APRIL, %1, 1876—6 P. Id.Tbe moner JTIarket and Financial Sltaatlon. The

principal events of the past week were the commencement, onThursday, of silver payments in exchange for fractional currencyby the U. S. Treasury; the appearance of Secretary Bristow'scircu'ar, inviting proposals for $5,883,000 of the 5 per cent bondsof 1881 on Monday next; and the continued depression in ourstock market.As to the silver payments, there 's little new to be said beyond

the details of the matter, which are, chiefly, that no smalleramount of fractional currency than $5 is taken for exchange, andno larger amount than $100 in one lot, 13 paid out at the Sub-Treasury, larger amounts than $100 being paid at Washington.During Thursday there was paid out altogether about $10,000to some 150 pariies, and to-day about $17,000 to 190 differentapplicants.

The circular of Secretary Bristow, quoted below, hascaused a good deal of discussion, mainly from his limitationof the bids to a minimum of .$500,000 each, and the require-ment of payment in gold. The objection urged to these pro-visions, particularly the first one, is that it practically shuts outhome investors, and throws the purchase into the hands ofbankers—very probably some of the leading houses with foreignconnections. .There is a diilerence of opinion between the Secretary and many bankers in this city regarding the effect of thishe thinking that a higher price will thus be obtained, while thelatter hold that he ciuld do much better to make the loan popu-lar and accept bids in currency for moderate amounts.Our local money market has been easy on call loans at 3@4 per

cent., and on prime commercial paper at 5@6 per cent. Some ofthe brokers in paper report a better demand, in consequence of aslight improvement in the tone of feeling in the dry goods section.

On Thursday, the Bank of England made a reduction of 1 percent, in the minimum discount rate, which now stands at 2 percent.

;the gain in bullion for the week was £394,000, and the

slight feeling of uneasiness which was indicated by the dispatcliesof last week has apparently passed away. The Bank of Francegained 14,-t5'J,000 francs in specie.The last statement of the New York City Clearing-House

banks, issued April 15, showed a decrease of $186,900 in theexcess above their 25 per cent, legal reserve, the whole of suchexcess being $6,851,975, against $7,038,875 the previous week.The following table shows the changes from the previous

week and a comparison with 1875 and 1874!

,

'~ '876. -, 1875, J874Apr. 8. Apr. 15. Differencee. Apr 17 Anr IS

Loans and diB. S281,786,200 $J5s,4it7.aOO Dec.$3,48:',300 S277.%4 5 82D3 461 7M^ecie 20 836 SOO 19.400.SfiO Dec. 93« 000 H mi 3 200 33 ^30-0drcnlatlon .. 16,297,000 16,338,iOa Dec. 58,500 21 3'« 800 26'8403(10Net deposits.. 207,993,.-«iO 215,.M-2.500 Dec. 2,450,800 218,401' 900 !B8'f38'900Legal tenders. 3-,-0l',400 38,S.3ti.-00 Inc.. 'l36;400 5oSo,OOD SimmCnlted Slates Bond*.—'Ihe absorbing topic in the govern-

ment bond market has been Secretary Bristow's circular of the17th, which was as follows :

Treasitet Depabtmemt, 1

,,.,.. . , , .,Washixotoh, D. C. Apill 17, 1876. fUnder the provisions of an act of Con^Tes* i.pproved April 11. 1876, to enable

the hccretiirv of the Treasury to pay the judgm-nts of the Commissioners ofAlabama Claims, notice la hereby given tmit sealed proposals will be receivedat the Treasury Department until !.> o'clock, noon, on the 2Uh instant, andopened immertiaiely iherenfter for the sale of Ave per cent coupon or registeredbonds of the funded loan of 1881. authorized bv the acts of Julv 14 1870 andJanuary 20, 1871, bearing interest payable quarterly from Mav 1 1876 in lots ofnot less than *500,0(X), to the total amount,* $%fc83.000. TheW bonds wiM besold for gold, and payment therefor must be mide within three davs after theacceptance hv tlio Department of the bid. Each bid must be accompanied byagolddepositof two per cent of the amount thereof, and no bid at less thanpar in coin will be considered. Payment may be made at the office of theAssistant Treasurer of the Lmted States in New York, and the bonds ivi.l bedelivered at the Tre isury in Washington, or, if pre'erred, at the office of theAssistant Treasurer in .New York, at the expense of the purchaser. TheDepartment rcaen-ea the right to reject proposals ihut are not deemed advan-tageous to the Ooveniment. Proposal, should be marked "Sealed proposalsfor loan," and addressed to the Secretary of the:rr(asury, Washington. D. C.irr , 1. 1 ,

B. H. Bkistow, Secretary.VV e have remarked above upon some of the comments which thiscircular has called forth in banking circles here, bat, as to itsimmediate effect upon the market, it appears that transactionshave been stimulated the past few davs, and considerable ordershave been received by leading bond dealers, including a goodmany orders from New England. There are numerous reportsas to parties who are likely to bid on the whole amount of bondsand others who will bid for part of them, and among the namesmentioned are several national banks and several banking houses•with foreign connections.Closing prices of securities in London have been as follows:

t; s Hs 5-2(ls, H«"> old...u. s. 68. 5-30fl 1867u. 8 f>B 10-4(18

New 58

Anril

lOfiii

109

106>i i

106 Ji

April

-!!_!my,

'

10»106«1"5J..-

April31.

lO-IX

ir,5«

losy.

-Kange eluce Jan, 1, 76.-Loweit.

I

Highest.

xlCS'i Apr. 13' ir6!4 Apr. 6107!^ Jan.. 81 109J« Feb. 1

105X Apr. 80 \OSH Feb. 10|in»i( .'an. 13 106i^ Anr. 8

Closing prices daily have been as follows

8«, 1831 reg.08, 1881 conp.6s, 5-JOb, IS-iS reg.08, 6-JOa, 1865 coup.6b, 5-208, 1865, n. i..re<i.

68, 6-2t>8, 1S65. n.L.coup.6«, B-iOs, ie67 reg.68, 5-30S, 1867 conp.68, 5-208, 1868 reg.68, 5-208. 1858 conp.U, lO-^Js re,'.

fs. 10-418 conp.6s, funded, 1881 reg.5«, funded. 1881.. .coup.6b, Currency reg.

Int. period.Jan. ft July..Jan. & July..May & Nov..May* Nov,.Jan. A July..Jan. & July..Jan. & July..Jan. & July.Jan. & July..Jan. A July...Mar. & Sept..Mar. & Sept..Quarterly....Quarterly....

. Jan. & July

.

April15.

iai«•122)i•114K•118119118^121 Si

I2i

•128'/,

li2'4

117H118116«118)i

•116

April17.

121 14

l-.t

•n4>i118

•118%118J<I20Huv^

•I22«•12214117«I18X1I6KllSSi

•136

April18.

121

'ma '

I18»i'

11«S•l«o>i120 1<

•122X12->*iiir

•118ll6'iinu•126K

Aprillit.

^£'" ^rlaoji • 111 •121

«

121

H

•1217< 12tll4)i •H j£ •II4V117X •118 •118:1H!.' •llHli •118^nsx I18« 11-54in»i l20;i •12U«

l!lO«12UH 1205<122 1M)« tttI'JlJi •121 Ji ia«116)i •I18?< jirina 118 nsall6Hi 1I6X umma 118 iwa12«)i •laiK 1«6X

* This Is the price bid ; no sale was made at tbe Board,

State and Railroad Bonds—The transactions in Statebonds have been moderate in volume ; Tennessees are steady atformer prices ; Missouri long bonds are quoted 104i@l05; Louisianaand South Carolina consols are both selling about 67| to 07f . TheSupreme Court of Louisiana has decided the $3,500,600 bondsissued to the Mobile & Chattanooga Railroad to be invalid, and, ofcourse, not fundable. The total amount of consols issued I»$9,018,700.From Nashville it is reported that the State Treasurer has paid

the last $50,000 of the State's loan account, and the only floating-indebtedness remaining is about $200,000 in State warrants, whictxtbe Treasurer will soon redeem.The District of Columbia 3.65 registered bonds have bcea

placed upon the official list of the New York Stock Exchange.These lionds are issued in suras of $1,000 and $.5,000 each iaexchange for coupon bonds.

Railroad bonds have met with only a moderate demand, andare generally weaker, in sympathy with stocks. Compared withthe higher prices of a few weeks ago, there are several bonds-which offer a favorable opportunity for investment purchases.The following eecuritieg were sold at auction :

f'HABBS.310 Am. Exchange Nat. Baik.:01-!05477 Phenix .National Bsmk . . MV,- ftiJi

7 Empire City Fire Ins 13035 Firemen's insurance 129,'^

Im-Bosns.i2U,(jOO Ameiican Dock &

provement Co., 7 101 ?£224.000 N. Y. & Oswego Midland

HR. (We.«. Extea.) 1st

mort , 7 per I'ond $3 50>

6,000 Consol. mort. joint bondsof the Portland & Og-densburg, Essex County,Montpeller Jfc St .Tohns-bury,LsmoiIle\'alley andLamoille Valley Juncti'nliailroad Companies 50

20,000 Burlington Cedar Hapidg& .Minn. Ry (MuscatineWest, exten.) Ist mort..conv., 7 13

10 Fourth National Bank. . ... 9315 Am. Exchsnge Nat. Bank . 1057i

680 Brooklyn City Railroad 19130 Mechanics' Bank of Brook'n.no63 Ninth National Bank.. . 8048 Williamsburgh City Ins 18015 Y'onkers &, N. Y'. Fire Ins.... 16

BO.-JDS.

$1,000 Kings Co. War Enlist't, 6.102l.ilOOCook Connty, 111., 7 108I,«00 North Mo. RR. (West br.i; 94;i1,000 North Mo. KR. (St. Charles

Bridge), 7 91 |

Closing prices of leading State and Railroad Bonds for threeweeks past, and the range since Jan. 1, have been as follows

AprilIApril April i^-hange since Jan. 1, "16—,.

States. t> l.S. al. Lowest. 1 Highest.Tennessee 6b, old 42X

•4143

*40'/4•42X 42 Mch.28l 48 Jan. .31

•405S 40)< Jan. 4| 46K Jan. 31do 68, new•17•76

•16>4 •15W•74^

15 Jan. 4 1-! Mch. 10Virginia 68, cousol 76'/4 Jan. 2« 76V4 Jan. 29

do do 2d series... •«¥ 40 Apl. 18 46)i Feb. 2ftMissouri 68, long bonds •104 lf4,'i 105 100 Jan. 3 105 Apr. 21District of Columbia, 3-658. . .

.

70 69;< 68K 66^ Jan. 3: 75 Mch. 14Railhoads.

Central of N.J. Ist consol. .

.

*10«v •10814 108 108 Apl. 5l'll2VMch. 3Central Pacific 1st. 6s, gold . .

.

lorjs ios'-i Vi% 104 Jan. 11 luOj, Men. 20Chic. Barl. ct Qiiincy consol. 7s •llO.'t 111 •11' 5i lf>7« Jan. 4ini Apr. )»Chic. & Northwest'n, cp., gold 93 9i!< <)0>4 833iJan. 3 94 Mch. 13-

Chic. M. & St. P. cons, s fd, 7s t)8', 88 88 79^ Jan. 3 »<% Mch. 11Chic. R. 1. & Pac. Ist, 7e •110 lin)i 107>!f Jan. 3 1 10J< Apr. 21Erie Ist, 78, extended 115'/, •110 •110 108 Jan. SS'115'/4 Apr. 7Lake Sh. & Mich. So.2d cons.cp •99 •100

1 .....Michigan Central, consol. Ts. .

.

l'6ii ICb 103!4 101 Jan. 7 107 Mch. 20Morris & Essex, ist mort 119 •117 114 Jan. 4 120 Mch. 27N. Y . Cen. & Hud. Ist, coup. .

.

•120 12«i Jan. 15 123X Mch. 4Ohio & Miss., cons. sink, fund •SOW 99 92^ Jan. 3 100 Mch. 24Pit-sb. Ft. Wayne & Chic. Ist. •118 •117 •117 114'/, Jan. 11 118 Mch. ft

St. Louis * Iron Mt.. 1st mort. 101 95 Jan. 4 102 Mch. 21Union Pacific 1st. 68, gold 105V 104 i< 103k 102Vi Jan. 4 106 Mch. 3-

do sinking fund 'r.% 91X 90>i 90 Mch. 2 sni^Feb. 21

* This is the price bid; no sale was made at the Board.

Ballroad and TlUcellaneoua Stocks.—The stock markethas continued to show great depression, and on some stocks thelowest prices of the season liave been reached. The weakestspecialties have been the coal-carrying railroad stocks, New Jer-sey Central and Delaware Lackawanna & Western, and the trunklines. Lake Shore and Michigan Central. As to the railroad com-panies interested in the anthracite coal trade, it is evident thatthe long depression in all kinds of manufacturin? business,.assisted by tlie recent mild winter, has so reduced the demandfor coal that even their close combination is not sufficient to keepup receipts. It is al.so well known that these companies, as aclass, have been amonsf the largest borrowers ever since theganic, and their annual interest charge is heavy. On the otherand, they control completely the anthracite coal trade, and it

seems but a question of time when the demand for this coal

must again increase to such an extent as to pay them largeprofits. There are many who think that the last dividend pay-ments by New Jersey Central and Philadelphia & Reading wereextremely ill-advised.

The disagreement among the officers of leading trunk railroads

from Chicago to the East, has been one of the principal causes ofdepression, and as the matter now rests, it is understood that thecombination lately existing is broken ap, and each company is

making its own rates. The responsibility for this break is com-monly charged to Commodore Vanderbilt, but the precise facts

leading to the disagreement are not well known. It does notappear that the " war" applies to the roads running to St. Loais,

Page 14: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

391 THE CHRONICLE. [April 22, 18:6.

1)01 recent reports from Chicago stated that the officers of those I

companies had formed a combination among themselves to keep•up rates on business to and from that citjr. Pacific Mail has beenstronger this week, on th« payment of taxes due here, and also apayment of $50,000 to the Panama Railroad. Western Unionremains without any new development in the war waged by theAtlantic Si Pacific Company. Kailroad earnings continue good ;

in the table below we have the reports of ten companies for thesecond week in April, and these, without exception, show anincrease over 1875—they are as follows :

1376. 1875.Canada Senthem t43,;!S5 $26,081Chicago .S Alton 9^9:9 9.),770

ChlcagoMilwaukee ASt. Paul. ... 135,000 liiMSIndianapolla Bloomlngtoa & Weatrrn S8,9I9 39,7»1Michigan Central 139,473 131,731Miasouri Kansas & Texas 65,401* 45.0J5Ohio* MisaUsipiil 76.5)fJ 7i,0'J0

Su Louis Alton 4 Terre Haute branchea 10,019 9,li6

8t Louis Kan«a8 City & Northern mfill 61J87Toledo feoria 4 War«w Si,973 15 I'.K)

Total 8575,765 $612.3«

Total sales of the week in- leading stocks were as follows

:

Pacific Lake Wesfn Chic. & Ohio & St. PailMail. Shore. Union. N'west. Erie. Miss. St. Paul. pref.

66 4)0 8.900 .37,800 " "

~

arrillS SI, 510'• 17 89,403

18 91,80019 15,700SO. 5,10.1

21 9,830

Shore.7.^,600

SB.5»S».81076,3 X)

4%tm3i',900

SD.SOOS4,80J44.700.84,500

3J,J00

2,0X)800

10003,9fli)

1,500

25,5008,50014,70014.3004,SO0

2,20)1,M0180015098,30060J

ti,500

3,50-'

3,900

2,3008,(100

1,700

2,70512003,9002,rt00

3.900

4,400

Total.. ....116,800 29S300 289,700 18,100 105,100 9,200 81,400 IS.oOO

Whole stock. ..aOO.OOO 494.665 617,871149.930 780,000 300,000 158,992:32,744

The total number of shares of stock outstanding is given in

the last line, for the purpose of comparison.The daily highest and lowest prices have been as follows:

At. & Pacprf- - .Tel.

SaturdaApril

At.*PacCentral of >',.J.

C.MIl.&St.P.do pref.

Chic. & North.do pref.

C. K. I. &Pac.Col.Chlc,&I,C.Del. L.& WestErieUsn. &St. Jos.

do pref.Harlem 138Illinois Centr'lLake Shore , .

.

Michigan CentN.Y.Cen.&H.BOhlo& Miss...Pacific Mail.,,Paciflc of Mo.PanamaQnlcksilver, .

.

do pref.St.L,I,Mt,&9.St.L.& K.CnrfT, Wab, & w .

Union Paciflc,West. Vu. Tel.

4

99 100

65X 6«40 mxIMK 1»1 <i

4X *%114 U4X15 16

16!< 16XHiX 25

9954« K%54X 56JS112 11216% 17" 20Hlill

Adams ExAmerican ExpUnited States."WellB, Fargo,

fl.

• ... 13

22X 2;x•19K 2:

28>4 28«3 SH(MX 64W65H eHHI08V 108X60X 605^7lS 7;s« 8«l<

Monday,April 17.

'in ....

99;V lOOKS9K 40?(

65X 66

40X 41eo'4 m<4im}i 101

iX *\114 114YK'* 16«!6« Wi

•24 ....' .. iS999 9953 ^ 56X

1'.2 112X17 17K19>i 20X14 I4X128 128•17 18

21X 2ik

Tuesday,April 18.

•5h ....

17S 17J<lOOM 100 1<

39X 40X66 66 <40X 405<

60s 60X103J<1044V ili

I13V 114 s15M I6«16K 16K24 K 24XISai^ !38>i98X 9854

54J< 55V112 Wm17 17XI8K 19X14 U%

128 128•17 18•.... 2520)4 20H

Wednes'y, Thursday,April 1». April 20.

•17

99V100X39H 39J<6,5S 66(<

40M 41)i

Friday,April n.

!03« V>i%•*% m113M 113X15 S 16^16M 16X24, 23><

138K 13S>4•98 99M« 56K51)4 5JXU2'4 113,l<

17 17Xl»ii 20X14 s 14x

'127)i ....•17 18•23

•19)^ 21

96% masua 39V65 65X40 40s59 59H103V lot'i% *%109 ;i2>i

15 I5Si6x: 16X

•""lS8i<97« 97S54 S 55X50X 52 s112 < USX16X 17

lux aaa14 14)4

•127 135

17)i UK•23 23S20 202a)i 2SK•2H 2V6JS 65

66V '''%

my.

•17S 18S97Vf !«Vai*i .1»i<

M% 6540 *!%5SV 59VKM 101

4V 4V110 imsl^K 15 s16 16

21H 24 WISS mm 9851K 55«5'« 5:«

!'•>.% lVi%16^ 17

la. 20K14 14

1S»7 l.tl

•:7 IS•28

19V21 2»m 3R» 61«»% ««!<108 1(IS<

iii 3 2V 2% 2S 2K61^ e4V 64»i 65 «4S 6566 67X 66).; 61% 66i« 68:07mlr7s 108 108 108 1(M60 60 60H 60j< 60 60S 60« 60 >; 60)i 60)/

72S TiX 72K 72>i 7iX 7 V 71)4 71S x611 69-- --,-.. -,.-.. 'Ses 87W S6J< 86s 86s 86S '86 86« 86X 86X* This is the price Did and asked ; no 9ale was made at the Board.

The latest railroad earnings, and the totals from Jan. 1 to latestdates, are given below. The statement includes the gross earn-ings of all railroads from which returns can be obtained. Thecolumns under the heading " Jan. 1 to latest date" furnish thegross earnings from Jan. 1, to, and including, the period mentionedin the second column.

-Latest earnings reported.

-

> Jan. 1 to latest dale.

The following table will show the course of gold and opera-tions of the Gold Exchange Bank each day of the past week:

1876. P-TS. 1876. 1875.Atch. Top. * S. Fe.. Month of Mch... $180,000 $104,0.^2 $441,549 $251,131Burl. C. R. & Minn. .Month of Mch ,. 105,843 9T,218 299.469 263,481Cairo .S St, Louis,... 3d week of Mch. 4,384 4,207 56,0,55 40,693Canada Southern. ...2d week "f April 48,3i5 SS.OSl 516, H95 2()3,,53lCentral Paciflc Month of March, 1,1.38,000 1,136,8()3 3 094,000 3.ai«.3l)0Chicago & Alton Sd week of April 96.9T9 95,770 t,l!<2,539 l,lS9,v93Chic. Buri.&Qulncy Month of Feb... 94),fi38 764,163 1, 75^,585 1,625,109Chic.Mil,&.8t,Paui,,2d week of April, 13,5,000 183,668 1,904.381 l,57i,80:Chic. & Northwest,,, Month of Feb.,, R,5),6S7 671,784 1,663,469 1,497,253Chic. R.I. & Pacific. Month of Feb... 544,705 50!,as0 1,014,348 1,064,48')Cin. Lafay. & Chic. ...Ist week of April 7,2!6 7,15> J0'i,155 9:!,6.80Clev, Mt. V, &Del... Month of Feb... S7,838 25,738 51,933 61,261Benver.tRioGrande.Monthof Mch,,, 31,.306 26,,500 94,613 70,.534Hannibal & St, Jo ,..Month of Mch,,, I63,.575 188,779 463,727 349,597Hon8ton,S;TexasC'.,.l3t8w'kaof Mch ll«,3-,2 84,9SS 670,040 519,8:3Illinois Central Month of Mch... 605,194 59.j.519 1,802,067 1,66-1,331Indlanap. Bl. &W....2d week of April 28,919 22,791 437,099 368,535Int. & Gt, Northern .1st week of April 18,800 21,714 372 3*1 .861,3-6Kansas Paciflc 1st week of April 67,812 69,5-6 691,457 696,901Michigan Central 2d week of April 1.8.8,478 1.31,734 1,9 8,949 1,816,373Mo. Kansas & Texas„3ri week of April 5%i09 4-),095 858,329 727,6'0Mobile & Ohio Month of Feb , , 177,992 156,ir4 407,226 35!,903Na8hv,Chatt,*St.L. Month of March H5,9S0 186,2:8 4S1,188 43.5..809Ohio & Mississippi ., 2d week of April. 7K,112 72,0:)0 1,071,125 94T 061Paciflc of Missouri,,. l3t week of April 63,6 ;8 &3,367 963,811 76o!976Pftducah ,fc Memphis. Month of Feb,,, 21,3)1 14,941 42,831 .30183Philadelphia* Erie .Month of Feb... 216,916 1&3,S49 458,109 87S 855Borne Waterfn A Og. Month of Feb... 75,957 68,8)9 156,8(« 1S6,33'1Sl.L.A.&T.H. brchs.3d week of April 10,039 9,466 140.481 151,638St.L,,I,r,Mt,& South. 2d week of April •i5,800 •72,743 1,079,809 9.53 217St. L, K, C,&North"n.2d weekof April. 66,671 iil,(.17 918,611 763 081St. L.* Southeastern.Month of Mch .. 85,:181 89,900 ;49,821 254',i2:lSt. Paul* S. City, &c.Month of Feb... 67,0:2 28,0 Jl 1.81.259 61913Tol.Pcoria&Warsaw.Sd weekof April 23,973 15,190 368,502 217':309Union Paciflc Month of Feb ,. . 697,W8 6.0,307 1,3)2,135 J,195,237

* Six days In 1875, against seven days last year.

t'he Gold market.—Gold has shown very little animation,though at one time there was some talk about a possible twist inthe market, when the Government sale of bonds takes place nextMonday. On gold loans the rates paid for carrying today were2, li, and 1 per cent, and loans were also made flat. The pav-ment of silver in exchange for fractional currency is hardlyreferred to as having any important influence on the gold market.Customs receipts of the week were $2,111,000,

Saturday,Monday.Tuesday.Wednesday,Thursday,Friday,

April 15.." 17.,

13..

19.

80,21,

Current week. ...

Previous weekJanuary 1 to date

Op'nvjuotaLow.)

113;,' ii:-.;i

18),' 113JiIi3)i;iii3

118 jll8

1131.', ill1 12Ji IIJX

113'i 112 !i

n8ii 112);113 1112)4

High;113)4

113'in3)i113>i113),-

CIOB.113V4

113).113

1 13>i118

llSK.IllSTi

113V,lll2)i

115 1 112^

TotalClearings.(31,725.0034.886,00023,551,000

19,192,00320,479,000

17,734,000

tl2fi,6e7,(HX)

130,638,000

Balances, ,

Gold. iCurrency.$1 075,948 $l,344,l«!l,i;61.758 1.208,194

45.816837,728846,311

58>,045

1.060,8r

816,5.16

964,689877.(47663,531

1,329,99-

Exctaanse.—The foreign exchange dealings have presentedmuch the same features noticed in our late reports. Rates havebeen kept at high figures, business has been dull, and on actualtransactions figures are considerably below nominal quotations.To-day, there were some outside bills on the market, which soldabout li lower than the asking rates of leading bankers.The transactions tor the week at the Custoui iiouie and Sab.

PreaaarT have been as follows:Cnstom ,

HoQseReceipts.

April 15 8129.000" 17 453 000'• 18 351.000•' 19 337,000" 20 346,000" 21 289,060

r- Receipts .--Snb-Trea«nry.-

Gold.$520,387 015«),746 19448,904 26344,703 87615,729 31

481,771 37

Cnrrency.$273 668 3161:),011 22C82,811 5«4il.274 93660,741 42296,478 47

-Payments.

-

Gold.$54,m 5927,151 8729,411 08

1,654,827 .59

4:1.075 28159,056 16

Cnrrency.$161,181 86527,833 72r6(,997 65615, 454 195i8,438 36640,339 79

ToUI 8,111.000 2,8i2,145 20 3,797.987 92 3,168,339 51 3,133,196 57Balance, April 14 45.(i43,849 12 36..568,79i 66Balance, April 21 46,539.654 81 .36,333.583 11

CALiroHsi.1 MiNiNo Stocks,—The foliowiuj prices, by telegraph, are fur-nished by Messrs. Wm. W. Wakeman & Co , S3 William street, N. Y.'Alpha 71Belcher 81Best & Belc. 54Caledonia. ..'11California.,. 85Chol'r Potosi 108New shuares, 5 for 1

Consol. Vir..»76Crown Point. 21Eureka Cons. 18Gould & Cur. 18Hale & Xorc. 70Imperial .... t6

Justice 30Kentuck 17Mexican 42Ophir 66Overman 70Ray'd & Ely. 16

t New shares, 3 for I.

Savage 17Sierra Nev... 81Silver Hill... 10Union Consol 19

Yel. Jacket .«33

T«XA8 Seccbities.—Messrs. Forster, Ladlo-.v & Co., 7 Wall at., quote:State 7s,gld|10:)f 6110 I State 10s, '76. 99 ....7s,g.30yr8S109,V |lliV5 lOs, pens, .$106 SITSICs. 1834., S102)4 $104 I

68 of 1892. 30 95$ With interest.

Austin 103.,,$'i7Vi $105DallaslOs .. 65 ....

S. Ant'io 10s. SO ....

New York CItx Bank»._The following statement showBthe condition of tlie Associated Banks of New York City for theweek ending at the commencement of business on April 15, 1876:

BAiirs. Capital,NewTork $2,000,000Manhattan Co 2,050.001'

Merchants' 3,000,000

Mechanics' 2,000,00«

Union 1,500,000America »,i)00,00fl

Phosnli 1,800,000City 1,000.000

Tradesmen's 1,000,300rulton SOO.OOOChemical 800,000Uerchants'Kxch,... 1,000.000Oallatin.Katlonal.. 1.500,000Butctiers'SUrovers' 500.000Uechanlce&Traders <0(i,000

Greenwich 200.000Leather Msnof 600,000Seventh Ward 300,000State of N. YorkAmerican Exoh'ge. 5,000,000Commerce 10,000.000

Broadway 1,000,000Mercantile 1,000.000

Paciflc 422.700Republic 3,000,000Chatham.People'iKorlh AmericaHanoverIrvingMetropolitanCitizensKassau....Market8t. NicholasShoe and Leather..Corn ExchangeContinentalOrientalMarineImporters'* Trad'rsPark 2,000.1X)0

450.000412.500

1.000.0001.000,0(10

500,000i,g;o.coo600.0^0

1,IIO(',OCO

1,000,0001,000.0001,000.0001,000.000l,50(i,0C0

300,000400.000

1,500,000

500,000300,000400,000350,000900.000

S,0OO,00C2,000,00031)0,000

1.50(l,lCC

50C.COO1,000,000500,0005)e,oco250,000200,000

1,000,0001,000.000

Loans andDiscounts.

13.465.5*6.414,600'.tn.too6:ui.ca>4.293.5008.«1.4008,6U 1.600

5,729.600J,i;;3.;«;

1,«SS.7009.349,100

S.4U.3CO3,600,300I.7IS.'«0

l,jn,7l)0S«,:00

8.283,20a1,027.600

llViSSli-OC

19,613.7004.567.6003.591,3001.9^1,500

8,521,1002.967.9001,358,7002.411.6008.476.0002,IH5,0(!C

13 -l4,0O«

1,773,4002.Uii.'tU2.9I6,»»2,437.000

4,393.3002.552,S0O8,Si».900

l,S40,2lOI.583.10O

15.74':.4(i«

14,iJ«9 6001.O03.7U0

65Mo0933.3CUS59.2CC689.8(10

15,79 1,5(.;0

tIssi.ooo1.729.0005,OSil,7uO

!,'«.4X)6,266.7(01,'.61*01,155.200

1.213.8(0l.IU.OOO2.701.6001,V53,200

-ATBBAea a.H0UKT OF--Jgl- —

fipeclfl. Tenders. Deposits.tl 7.0.500 11,46^,800 18.452,80(1

Mech. Bank'g Asso.(Jrocers'Sorth RiverEast RiverManufact'rs'A 51er.Foarth NationalCentral Natioaal...Second National ....

triDth National. ...

First NationalThird NationalN.Y. National Eich.Tenth NationalBowery National

New York Co, Nat.eerman American.OrT(}oad8

Total i;7.8JJ.20C I253,2«;,«U0 IIMOJ.SOC tS3.83S,800 l'.03.541,500 »l6.a»,100

The deviations from the returns of the previous week are as

follows

:

Loans Dee. »3.4SS,3ilO | Set Deposlu. De:. W.«0.8(10Specie Dec. 8S«,0J0 Circulation , Dec. 5S.5«Lettal Tenders Inc. 135.400 I

l^l.SfO;,4si.ji;o

5 0.700269.9U0

1,S5),5,«

5«3,50O5OJ.9O0;:3.3;0121.100818,3001J3.*J0

2:}.40062,000ll.'iOO

415,700

85,301)

7\V,06699;.400Su.500

147,7110

S.300

7«,'00176,900

40090,70077.100'28.700

l,«19,0v)0

46.70081,400i;o.:ooIi2.UC93.70075.9i)0

57.300«.S00

105,50027S,l00

2,631,010S2.SO0

2,*0O1«.4(10

554,900

i40,ato

I45'.4P(j

914,700

822,300111,400

168,502,800

173,16616,900

545.2C0S4:.\00S3I9)0489,600

l.-!:».300117,0(10

l.'-82.000

4''t,iU0

tSl.lJO1.784,000eOS.'OO28:\800

I'A'OO26U.900».6C0

288.900IW.SOO

nV4".6662,221.900

77S.-4O0

658,0004»8,'<00

263,900640.900130,800381.000(3).2iX)

5(3,0009)6.0003^ -,200

355.2l«4I3.-20C

190.600677.500S'.B.coa

653.000221.900395,000

4.171.8001.065.300111.700

l'8.3cu1'4.400

155.400141.900

2.301,10!)

1.69U.OU0461.000

1.0' 4.8(0676.9(0

9S7.9002S8,:001('8.4(;0

262,3008U.0COill.300212.300

4.115.1005,«f6.500

4 411.5002.911,400

7,036.2002,75i,(l«5,358,0001.69:.700

1,03T.*X)7,725.0002,3S3.7jO1.570..500

1,251.0001.(83,7(10

8-.9.10O

2.581 4'JO

953,700

roTc'.i'wo

;.oss,9CO

2,''3J.400

3,S79,1U01,8,0,200

2.271,3(02,9a).( COl,f8i.600

2.111,5002,810,0002,031.0008,t26,' 001.321.200I.9:8.'X02.U46.70O917,8(0

8.W6,5(01,3:2,7002.639,;cnI,K6.0001,617,200•.6,s:c,;oo

15.611.000706 (WO612.00076 J.* 00(20,4005i8.9,C

11,231.100e,404,0001,835.(004,726,0006,435,500

7,197,600997,50072J.0J0E83.O00

1.219.0002,«23,9001.874,300

Ctrcnla-tlon.lil.ooo

9.50032'i.l00

27O.C0O

i'.2%165,000

m'.m

449 OIX)

4S3.2XI143.'.(«0

194,2002.700

347,8;«80,100

8V7.C062 987,200899,200225,000

MO'.OOC274.SU0

5,500

29V.466113.40018,100

184.7003,900

191.700697.000712.000

4.800571,300

4.000225.2C0492.50060.(00

803.UIKI

147,700

1.057.5061,435,000

185.0(4)

89.90045,0U049.40090.0.(0

449.80JZ.'O.OOO

130,000

The following are the totals for a aeries of weeks past

Feb !...eb. 12..

Feb. 19 ..

Keb.as...Mch.4 ..

Mch. 11..

Men. 18..

Mck. '25..

Apr. 1 ...

Anr. 8....

Apr. IS..

Loans.366.067.400J6<1,.558.77J0

268,011. 4Jn

2e3.4'<0,(>0

2;o.i»!.j(X.270,748 4'*26 l.f66.700561.251.0102ai.S-'..2Jfl

261 ,7«6 2 10

359.J97,9JO

Snecle.2).5I.(.8J0

!1,514.(W(I

2i.04 1.900«i.70S,i00

22.:r'..*(02I.13!1,9>I0

22.369.4002'..5)4,0()0

Jl. 171.100

a) 31.8

19.4J0.8J0

LegalTenders.47.:>55.20047.SK.SOO43.917 80049.013.1004f.9i3.ian47.629.5 n4.i.6(i8.1(10

43.:73.'»04;."13.5009'.700 410

89,535.3 JO

DenosUs.321.509.1002!!.553.5(0221.762.201224 !« 7 40022S.42S.VI0S27.1f(2,S30

2ie.53t.»00211.131.61)0

211.561.1003l)7.v9.1,3>0

'2e5.Si2.5jO

Circu-lation.

17,449,30017.29551'117.133,10017,(21,000le.'.tiS'Ole.f97.71016.433.HOII

16.199.710ie.3<l,0)01 6.2 17.6JO

16.239,109

AggregateClearlnffS445.2;9,70l416.455.5974149;0,7173i!,83J.78J

458,072,74

1

S9!.gR3,12S895,933.145

Si:.435,570i>3.712J5()(87 814.812

837.736.835

Page 15: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

AprU 22, ia;6j THE CHRONICLE 895

Boaton Banka.—Below we Jftve a ««lement of the BoBtonNational Banki, as returned to the ClearInK Houae on Monday,April 17, 1876

:

Bank! Capital. Loasi. Bpede. L.T. Notes. Dcpoalti. Clrcnl.AUanuo tJM.lKlO $1.5.>g^J0 fUJUO $>•.«» tilC'.lUO liM.llilAtlas i,90«,o«o j.T.ia.'iua u.wa vi.no ns.tmii mMnBiaekatone !l,caO,000 •.421.4(0 S.IM S'.e.liU 3.'n..t(l(l IkH.UMBoslOD I.OW.OOO -iMUWO 1I.JU) 121.01(1 > 4.~(W 5J3.AK.BiTlston 100,000 1.8Si,l(IO i.»lV tlDM H9.N0 Ui.Xuliroadwsf J00,00« S>2,100 .... K.OUU lajW \U.WMCeutral MW,UOO t53.UUa ... llrM 433.3(0 3«4JcoCalamblan 1,000,000 J.'RtJIOO 39,600 lUl.OU) I.^IS.H'O •.i'.tin

Cantlnental l,OOO.CX)0 J.OM.'.OO .... W.800 W^'H SIJ.sooBitot 1,000,000 '.i,34;.;uu iii.m) so.uoo •ktoo tuxKrerett ...., 400,000 :,l61,:00 1,M0 UMO Mt.WO «l.lo<:FaneallHall 1.000,000 ^.431.200 i-HV 1S(,SU0 l.SiS.IJUO SSt.UUuFreeman- BOO.OOO :.6MS(Ja 3.0U0 ST.OOO ^^U,9(10 S3M(K)Olohe 1,000.000 1.483610 K).HO ISO.ROO 1,J»«.«)U IK.UiK)lUmllton 1S0,000 :.'|3S.4U0 43,400 33.400 V.:6,ilU0 13l>.4(Ki

ilowaril 1,000,000 9.3<i>.3oO tS,0(0 S.i.lUU 1.18«..V)0 44S.3<l<j

Maniifaclurers SOO.OOO !li3.30v 4,^(^ 63.3(0 >t>.Xi0 1I7.HK:Market 800.0«e I.W.eoo :>.(>U0 4>.Siii) im.fx UAdMassachQselM 800,000 I.'UJ.IUO WAK) 231.3(0 I 3M.0U0 2:00x<MaTerlck lOO.dOO 2.3 2.SWI »0.500 »1,1(I0 1,618,3(0 851. UH.lierchanilise 9(I0.M» 1,147,400 1D,(U0 80.6C'0 843.100 S4.ioOMernbaatk- 1,000,000 8.;it.iuu 4M,7tx) 483.10C 4.~t^2,ioo :,:i2,euoMetropolltao 300,000 «U|.7U0 .... c:,6oa 530,C00

MoantVernon 200,000 SM.3ua l.V<0 TSAio 4(8,voo 173.7o6New Baxland 1,000,000 3.394.7UO l.KC v.si.Suo (Oi.luo luytNortll 1,000.000 I.S64,01C 131. lUC US.Coo I.2U300 42:.7linOldBoiton »00,000 l.t9!.»00 ii.WO 3.5.»0 1,070»00 ta mSUawmot 1,000.000 W41.600 6.000 116.200 l.ill,»00 JS:.««i8!l0e A Leatber 1,000.000 S.319.:uO lUVIO 3U:I.4U0 1.482.V00 77(1 3inState 2,000,000 8.713.000 S.lliu 65.400 8l9.«00 wj'socBaffolk 1.500,000 1.216,^00 73.:u0 187,4110 l,l!i2.700 3:4'tOOTraders' 600,000 l.-.'62..'00 SMU'J 18.1(0 7SJ.300 181 50CTremo&t 2,000.000 2,2:1.4(10 1UI,:00 6I,M0 W!7,»io 112 !<(>

Washington 730,000 I.ISl.'OO *MV 3.<.:oa 321 «W 89!li0PIrst 1,000,000 8,1J1.S00 S'i.'OO 167.4(0 1,2».T00 tlj'oouSecond (Qranite)... 1,600.000 4.U3.30C 3\«(0 339.6(0 l.SU.gOO 4298<\Third 300,000 1.14U.100 42,200 66.300 »^8.03^ 3: 8(«Fonrth aOO.iKIO 279.f00 S.SoO 10U.300 js'dooBank of Commerce. 2,000,000 5.|8$.IOO 127.600 :75,!H,0 2 0^.100 (tMl(<Bank of N.America 1.000,000 3 S«<i.«l« 1.8(0 3'8.'>(n 971 a^<0 S«l IKB'kOfKedemptlon. 1,000,000 5.455,900 71,!00 H4,4 1,630,9.() 5ai,°0i)Banker Kennbllc... 1,500,000 8.26l.6l>0 .... .6S,(X)0 :83,10l 982 4Oommonweallh 300,000 S.l'fci.roU 86.100 S63.(I00 3.32(>,9(« 410,0Otty 1,000,000 2.(118.9(10 21,400 S9.10C Tl'S.lOO 441.000BaKle 1,000,030 l.SOP.0,10 1.6.P0 111.900 753,100 213810Kxohanite 1,000,000 6257.800 £19.200 44 100 2.155.900 7:ll,4(*Hide Al^eather. ... 1,500,000 8.6l'«.;00 4,700 19! 200 936,600 965 OU)Revere 2,000,000 4.e0i.i00 6.600 3»l.;00 2.3*9.700 57-.01WSJOnrlty 200,000 S-S.ICO 40,IKH) JS.NC l;62.200 179 S()l'

Ullon 1,000,000 2.r.76.9C0 3,900 ;4i,30il 1.143,300 6M.S0

1

Weoster 1,300,000 :,5M,1C0 C.KO li;..;oO 1,011.400 371,500

Total »1I .310.000 f.a0.8S5.4«t 12.(45,300 »7,271.3<!C 1^.210.900 iis'0W4MThe total amonnt "dneloottierUanlts." aaperttalament olapr. 17,li t^,3l3,«j0.

Tke toUowintf are tbe totals for a series of weeks past:Date. L,oans. goeele. LesaiTenders. renoslts. Clrcnlatton.

Anr.S. I23.179.inn ?,«5UC0 6.9»'.',2^»i S4.5.'7.81iO 22.r,27 luo.*pr. 10 1J7,096,!00 2,717,00:1 7,J»5,5iO 6^,89O,.0O 2'740.Ml;lApr. 17 130.iS5,tU0 2,115.300 7.^;i,S00 66.210,i00 28,(60.40o

Philadelphia Banks.—The following is tne average cod-dition of the Philadelpliia National Banks for the week preced-ing Monday, April 17, 1876

:

Total netBania, capital. i.oHna. Bnxete. L Tender. Oenoalta.UiiPnlat'o,

rniUdjIphla tl,500,000 I'.SlOJOO $90,000 (9:5,000 JS.eso.OtX) 8iiO,COCNortUArasrlca 1,0U0,01C j,Hii,ooO 46.*;iO i.i.W,!^ S.741.l>jO fOU.oocFarmers and Mech. 2,000,000 6,0^8.0ilO 86,;i0 I 289.(luO 4,7723(0 1,000,000Oommerclal 810,000 1.472,000 5.(X0 S'ilMV 1.32".U.0 f2».l(lOMecUaDlr-n' 800,000 l.bll.OiO 13.liO 'Jil.OjO 1,1J7,40U 215 650Bank N. Liberties. 500,000 :,91I.00(; SOuu 518.000 2.4;<J.UOO US 000Sontbwark 250,0(« 1.304.653 8011 56:,t56 l,a04.26« !(i6.6!i)

Kenslnzton 250,000 1.915,01 .... 1530X0 591t,743 211 i(tl

Penn 500,000 1.255,200 l.Clfl 217,985 Sl5,6:0 215500Western 400.000 ;.»74.0;j Si.tii 4ll.f.i5 1.979.218 214.100Uanafactarers'.... 1,000.000 2.7.0,a<l .... 8.s!.nou 1.831.eOJ 585.000Bank of Commerce 25O.0C0 75?.a85 1,077 I6!.2« .M5.9S1I 2C9.ST0?lrard l.OOO.OI* 4,2>S.OOO S80UO k02,(«W S.35M1O0 Mt.oOOradesmen's 200,000 !.4f6.C03 S.ttfl 251.0(0 I.OIO.OOO 132CO0

Oonaoildatlon 300,000 l.i:«.!S9 io,5(0 ifl.Wl 630,ia7 'iWMVCitr 400.000 1.619.;23 .... 2 9.559 1,081,547 357.150Commonwealth..., W60.000 t08.0ti0 .... 183.000 570.000 2:S.0iiO

Corn Bxchanee.... 500,oro 1.970.000 12.455 71)3,000 ;.ii6.ooo mi.ceoUnion... 500.000 l.«6;.0(iO 9.000 :9;ooo 1.5-8.000 uo.oc*First 1,000,000 4,55(1.0011 ;9,0t'O l.lOl.jufl 4.;63.0(C 791.(X<jThird 300,000 1,019,1100 .... 83^,000 9 2,-JOO 262,1:00

Sixth 150,000 sr.OOO .... Cl.OOO «i7.000 IS5,0u;i

Seventn 350,000 •.09,000 .... 103,?I00 19-2.000 219.5'<CJtlcbtb 275.000 :.091.J00 .... 259.JO0 1^79.000 2J550I'entral 750,100 4.r6.0O0 6,000 67«.0O0 3.r0(i,000 J O.UOdBankof Repnbllc. 1 300,1-00 2.'00.C00 .... 419.000 S96.OO0 770,l«)SeciaHtv llO.niK 61S.00O .... ll2,(10C 4-25.000 176 00(1

Centennial 210,(00 34',00O .... 5^,000 :i77,uOO IS.OU)

Total '.,. tie,(C3.0OC t]0,93S818 tt«!.13S $12,217,542 $16,510,-.8I $10.52;.:33

TnederiationsfromtUereturnsot preriouBweekare as follows:Loans 'nc. (lil.SieiDepoilta Inc. $!,619,»9SSpecie I'ec. V6.759 I Circolatlon Dec. S2.J50Laial Tender N otes Inc. 109,927 I

The following are the totals ior a series of weeks past

:

Hate. Loans. Specie. LeicalTender. Deno^ita. Ctrenlatl'nlich.27 61.16:. I'l 5»<,503 1I,5!S,"S3 46.908,577 10,491.078Apr. 3 «h,7)ll,«9 en.96S r2,7S9,«72 15,:61,7J0 10,5514:8Apr. IP 6",69-,15; 659,984 l.-,13:,<115 4(,S9(',V01 lu,550,5-€Apr. 17 <a,8$:>,M3 463.195 12.247.512 46,510,184 10,527,230

llDOTlTiONS IN SUSTO.X. PUILAUBLPHIA .\ND OTHEK CITIES.

BOXTO^. P>«II.«OKI.PHI4. Blfl.-«-on(lna*«l.

esocBiTin.

PHILADELPHIA.BTATI AKD OITT BOHDS.

reansylvanlaSs, (told, lot. rarno do cur, vsr,do ei, 10-15 1877-82

do do 15--23. •J-Vi

miadelphlB is, old, legular.do ia, new uu

^llesheny ConntT Sf,cocpon.nttsbttrR4s, 1918

do 5f, 1913

do 6s. vu'd, TsrlnDs...do 7a,Watet Ln. varUntdo 7s,blreet Imp.. 'a8-86

New Jersey «s, Kxempw.Tar.Camileo Cojnty 6s, Tarlous....

Camden <'lty 6i do ...

do 7s, do ...

Delawarti6a, do ....

Harrlsb-urg City (s, do ....

Ball.«0ill> BTOOKi.Oamden A Atlantic

do do prefCalawlssa

do prefdo Net? pref

Delaware A Ilonnd BrookBast l-ennsTlvanlaI£lmlra« wiuiamsportSlmlra9t Wllllamaport pref..

Uoatlngilon 9k Broad Top ,.

do do pref.Lehlgb Valley..UttleScliaylklllMlnchlUMesquahoDlnf ValleyNorrlato-K-nNorth fi-nn»yl\anl»Pennsylvania.......PnlUaelptila * EriePnll»(lelptil«9k HeartingPliUadelnlila & TrentonPhlia., wilmlnir.* Baltimore.Dnlted N.J. Companieswest Chi- sterconioi. prefWestJersey

OAVAL STOOIS.Delaware plvlslon

Lehigh NaTlgatlonUorrls

do prefSchuylkni Naylgatlon....

do pref

Bid. Ask

lOSW1121(4

una

107

It«H1(>5

100100US112

94

sEcraiTiKs. Bid. Ask. SICCEITIIS. Bid. Ask

BOBTON. Varmeat 9k Mass.. 1st M. (.'88. :mHalneSs 109

10)i:o STOCSS.

Boston * Albany stoekBoston 4k Lowell stock

185H5514

New Hampshire,6a 1S6Vermont 6sliassachnBetts6s, Gold

\Vi" v.i's

Boston ft Maine 102 wIMPdo 5s, Sold Boston & ProTldenc*

Boston 6s, Carrency 112 IKW Burilnitton A Mo. In Nebraska 39-H 3iV

do Ss.goldChicago Sewerage 7s

112 Chesnlre preferredChlcazo, Bur. 4k Quincy

45 5'

lOS I1'H,117Xdo Manlrlpal7s .... .. Uln. .Sandusky* Clef. stock. 10 lOk

Portland 6a Concord,Atch. * Topekalst iti.7B

do land gt. 7882

7«H3377

Connecticut River 13531

13;(Connecticut * Passumpsic, pf.

do 2d 7e 46H101 x

4«* 12X !2Kdo land Inc. 12a.. SMtern(New Hampshire)....

Boston* Alliany 7sBoston* Maine 7a li'JV

115 Fltcbburg1^^*Manchester* Lawrence

Burlington * Mo. Neb. Be, 1894 102 Nashua * Lowell 85

„ do do NtS). 8s, 1883. Northern ot New Hampshire.. i6Eastern Mass.. 7a ... .... 1'2S

Ind.Cln.9tLaf.7a, 1569 .... .... Ogdens. * L. cnair plain .10

ao equipment 10». .... do do prel.. 85 V(

do funded debt 74 ... .... UldColony ,mOgdeasbnrc 9t Laicech. baOld Col. * Newport Bds, 7, V).

fort.,Saco* PortsmouthHntland common

Ritland,new7s 45H IIVVe-m'tCen.,lstM^cons.,7,'84

4u 41. Mort., -1,1891

lie Vermont 4 Canada 2(1 SO4X 5 »ern.ont& Massachnsetta un

Virmont Can., new. »• .. Worreat'-r * Nnihnn t4 8«

VAILBOAD BOWDB.AUsgbeny Val.is-ios. '.e9« ....* " 'do Js E. Elt..l910

do Inc. 7s end. 'SI..

BelTldereUelaware.lat m,6.'77

do do 2d M. 9s,-R.5

do do 8d M. 5b,*87

Camden* Amboy. 6s, '83...

Jo do 68, •89....

do domort. 6s, '89.

Om. * Atlan. l>t m, 7b, g. Ili's

do 2d do7s.c. IBiii'

Cam. « Burlington Co. 6<, '97.

(Jatawissa, new T-. 1900

Cavuga Lake let ni . k.7*, 1901*

Conu?rtlnir6B 1900-1904

Dan..H. fWllks.lst m^Te.WD.'laWHre more. 6s, various

BaBlPenn.lst nort.7s.'9d... ,

El.* W'mspoit.lstm. 7s. 'W.do do 5B,perp

Harrlsharg 1st mort.6s,'88....

h.* n. T. lstmort.7s,'90do 2d mort.7s, "93....

do sd m. cons.lB *t5*

Ithaca* Athens g.7B. •90',...

Junction 1st mort, 6s, '62

do 2d do 1900....

Lehigh Valley, 6B, rou., 1K»8.

.

do do do reK.1898..no do do 7b. IslO

do do con. m 6a 19 8

LlttleBchuylkin.lst M ..7. 1877.

Northern PnclOc 7 3-IOe.J9t«'.

North Penii. 1st m, 6a, '85

do 2d m. 'a, '98...do chattel VI . lOa 1877

do gen. M.'a, 1903..

on Cr'lc * Ale. K , f.' n.7s,'8S'.

OllCreeklstm.7«,'82Penn* N . Y.C.tR K 7B.-HH906.Pennsylvania, 1st M.,6,1k80...

•10 gen.m.64 ISlii, coupdo gen. m.,)is reg., 19111

do cons.m. 6«, reg., 1105

Perfclomeu Ist tn.t>s,'97

Phlla. *KrlelBtm.«a,'81....do 2d m. 7».'88....

Philadelphia * Reading 6s, Bi

do do 7s, '9!

do deb. bonds, -98

do g.m.7s.c. 1911

do do reK.l9rdo new coov.7a, 1898

do Coal * I.Oo m.,7s.'92-'8Phlla.. Wilm. * Bait 9!. :8-4..

Pltt...Cln.* SI.Luuls7a,'9W..Sharaokln V. * PottBV. 7a,l'«:.Steubenvllle* Indiana "f. "84

Stony Ci-reg. 1st m.. 7s, 19(7. .

.

Sunburr* Brie lat m.7a, '77..

p.jltedN.J.c ns. m. 6a, 94..

Warren * P. lat m. is.'M . ...

WrstChester cons. Ts, '91. ...

West Jersey lat m.Js, '96

do do 7a, '.997....

Western Penn. RK. 6s. 1.^98....

do do 6BFb'96Wllm. * Road.,lst M.,7, I90(l>.

do do2d Mort.ltOli'OATfAL BONDS

Delaware Division 6s, '73

Lehigh Navigation 6s.1ttdo RP.. »;....do deb.*?*!....

do coav.,*82do eonr.. g,'94,

do gold, '97

Morrle, biat loan, ret., 18;5,.Panaaylvaniasa, 1910SohuyiktIlNav. lat m.6s,'97..

da 2d m„ 6s. 1907do m. 6s. '95 ....

da 6s, Imp., '80...

do 6s,h,;at*car.l91Sdo 7s, boat * iar,ltl5do st^rlp

Susqoehanna 6b, 1894

* In default oflnt^rp-t.

101 k96Xi--h1019995lu2

1(*X

101

i«i«ts

102

103

106 )i11.7

liO'x.00

105l03

lil'i.06

M109

•,04X105),105

100801(0

»i\103

;.o

9«X

IClA

98

105

lOIJi

IC4

<I4105

8Z'

61261

51

5318ICO)*

58

5«X

45

1-7X

46'»

188'

15

15

OIH100

53

lOo"'

106X

noli.'7

05)4

1019-i;4

1(5

lOSX>2\o-.\109

101

KHMS102

I04X

76'

968273

BBOVBITTBa.

ALTinOBB.Marrlaod (f , delence, J. 4k J.

do ia. exempt. 1HS7....do Is, IHiO, qnansriy..do Sa, quarterly

Baltimore 6s.l8<>4,aiiart'rly...6s,l«M, J. * t*•, 1890, ouarterly.,it.Park.lalf, Q -X

dodododo •s,l-M,14.*do la. exempt,'as,M,* Sdo ie, 19IJV, J. ajdo •<, 1902. do .. ..

Norlolk Waur.BsBATLROAnaTtXTBB, Par.

Bait. * Ohlo-8t ck ICO

do Waah. Brarch..'i4ido Parkerabiirg Br. 9>

Northern Central 50Western Varylaod SI

Central <hlo SOPltuburgh * CoDOellBTtile. 90

BAILBOAU BO^D•'.Bait.* Ohio <s,'.»eu, J.* J...

do 6a, 1885. A.* C.N.W.Va.,8d M.ignar)'-5, JAJ.Plitsb.* Ci.n.ensT.7s/9e, doNorthern Central 6b. 1865, do

dn 6a,19a<.A.*0.do 6s, gold, 1900. J *J

C'B. Chios', l.t M..'I<90,M.*B.W. Md.6s, 1st M.,(gr)'9«,J.« J.

lstM.,fi»0. J.*.J.dodu 3d M., (gn*r.) J.*J.do 2d M.. (pref.)do 2'M.(gr.by W.- o.)J.*Jdo 6b. 3d M , (guar.) J.* J

liar. * Cm. 7s. I- . * A.. 1892. .

.

do 2d.M.* N.....do 8f,3d.J.*J

Union RK., lat mar.. J *J..do Canton endorsed.hifobllankottb.

Baltimore Oas, certificates...People's Gas

do Certlflcatrs

WAHHUVOTOxr.District of Columhia.

Perm. Imp.,6s,g. J.«J, 1811.

do 7a, 189!

Market Stock bonds, 7s. 1!'»2.

Water Stock bonds 7s,lWl...7b, 1908..

WashinQton.Ten year Bonds. i«, 1878Conrt . Loan (Pong ) 6 g, 1892.

Fund.Lo.n (Le«:).i».g,19(i2..

Cei II. of Stock l\''ii) 5s. at plea*" " (I841)6»,atplea»

Cbes. * O.st'k ('47) es.at pleas.Georgeioum.

Oencrsl ktocK,8-,:881do 69. at pltrasnre.

Ponnty stock. 6a, doM»ikei Bt..clt,6B, doBoard of Public works—Cers. Oeb. Imp. 84,1874

Co 187S

do 1876

do I8T)

do 1878do Series.

CertlBoates. Sewer, 8b, 1874-77.

Water Certificates, 8s, 1877,

CINCINNATI.Cincinnati 5b

do 6sdo 7sdo 7-30B

Cincinnati Sonth'n RK. 7.30s •

Ham.Co.,Uhloep.c.<ongbda.do do 7p.c.,lto5yrs,do do lgbdB,7*'r.30s

Cln. * Cov.Brldge atock, preldo bonda, long.

Cln..Hain.*D..lBtM.,-i.80...do do 2dM.,7, '8S,..

do do 3d M., 8,77...

Cln.. Ham.* Ind.ls tnarCln.* Indiana. 1st la., 7

do do 2d M., 7, 1877..

Colom.,* Xenla, 1st H.,7, to.

Dayton * Mich., lat M.,7 81..

do do 2d M.,7, '84..

do do 8dM^7, '88..

do To'do dep. bds, ,,'8i-'»4

Dayton* West.. lat M., 1881..

Jo do lat M., 19(1S..

do do lat M., 6, 1905

Ind., Cln. * Laf.. lat M;,7... . .^do (I.*C)latM.,7,188»

Little Miami, 6, 1883

Cln. Ham. * Dayton atock.. ..

Columbna i Ionia stock —Dayton * Michigan stock ....

do 8 p. c.st'kgnaiLittle Miami stock

LOIJIMVILLB.LoulBTllluTaLouisville 6e,'82to'87

do «e,'97to'9edo Watel 6e, '87 to *B9.

.

do Water Stock (a, '97

do WharfSedo special tax 6s of '89.

Jeff., Mad . & I.lstM .(I*M )7, '81

do do id M.,7,do do let M., 1, 1906....

LonlBT.C* Lex., 1st M.,7, '»?.

Louis. * Fr'k., 1st M. ,6, '70-'78.

do Lonlsv. Loan.S.'SlL. •Naab.letM. (m.s.) 7, '77.

do Lou. LoaTi (ro.B.16, •ss.-if:

do do (Leb.Br.)<,'8(do lstM.(Leh.br.ex)7.'8u-'85do Lon.L'n(Leb.br.ex)6,'»fdo Consol.lst M.,7. 1898....

Jefferson., Mad.* IndU>nlBv.,Cln.4 Lex..prof

do do common.Louisville * Nashville

sr. LOUIS.St Louis 6b, Long Bonds •

lo Water Sa gold •

do do do (new).

do Bridge Approach g.6s"

do Renewal gold «•......•

do Sewer g. 6a (rtuc'912.SrSt LoulsCi. new Park g.ts..'!

do c'y, 7s •

At * Pacific guar, land granudo 2a M. ..

• ai«i4 l»,t»»««l:.

Ill

111lit

lit"IIU:0) , ...

Id* 4ioio«

noiwIM

iiok

17IX

*

'.OS

104K100101

'.-.ts'.10

;02w10('),

II 4Ht9104 >t

»3HO10IM107s9975100

90

10025

'01

lOSl(«IM105101

108lOO7«

23y

»8i(969<9C94

919310*708585

960585

85

797979-.9

797940

10198989897

9<1011017Sto90

100

80«080106U804.1

101

•96'106•107104 )i•93

110104115•90

;i8

!8•100

849173102

10-.i«

939095•1(0c<777299551 >,

10141

03ItO

101

X

«9SS9-;S92S92k9:s

79

92s:9S

92929392

92S

J'4

10'

H

1(7

V*\Hi11-6

II

6

ll-t

1I3X

ao

8S100:0JIM1069S1(3lOSr.o95

11)5

100

vt"ViulOS1059«9893

w"8078919<l

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102

9SX

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91

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103108

Page 16: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

3^6 fHE CHRONICLE. [April 22, 1876.

GENERAL QUOTATIONS OF STOCKS AXD BONDS IN NEW YORK.U. a. Bonds and aetivt RaUroad Stoekt are quoted on a prevwu, pagt. Prices represent Che oereentjalue^hatever the par may it.

8», I88S8a, M.4E. RR..Ss, Ala. & Ch. K.8»0f 18K88 Of 1899

1S7»..,

State Bonds,Alabaiua ^8. :S8J

do ss. ISMdo -

""

dododododo

Arkansas—68. funded78, L. K.* Ft. S. 168

7e, Memphis a L. R...78. L. R. P. B. &S.0....79. Miss. O. * K. R7«, Ark. Cent. RR

Connecticut es.

Georgia 68do 7e, Dew bonds....do "8, endorsed. ...

do Ts, gold bonds...Indiana 5sIllinois 68, coupon, 1877

do do """do "War loan

Kentucky 6bLouisiana 6s.

do 6s, new. __

do 6s, flostlngdebtdo 7B.PenltentIarj-do 68, leveedo 8r, do .. ...

do Bs. do 1875

do 8s. of 1910Michigan 68, 1873-79

do 6s 1683

do 7b. 18

Missouri 68. due 1376.. ..

do do IS77do do 1S78..

Long bonds, due "a-'SOFunding, ,iue 18M-!.Asylum or Un., due 189^.

Han. A St. Jos., due H76.do do ISS6

do do ;837

New York State-Bounty Loan. rcg

do coup68, Canal Loan, i877.. ..

68, do :8"8

««, gon. reg ...18-:

do coup

3S

as83

6s,

68,«S,98,

loadodododo

...1883.1891.1892.I8J3.18Io.

dodododo

--. doN^rth Carolina-68,old. J.* Jdo A.& ON.C.RR J.& J ...

do . ...\.&0 .

do coup, off, J. & .7,.

do do off. A. & O.Funding act, 886

do lS*i

New bondB, J. & Jdo A. &0

Special ta£. Class 1

do ClassSdo Class 3 . . .

.

Ohlo«s,188'do 6s, 386Rhode Island 69€outh Carolina—

6b.Jan. & JulyApril* 0«Funding act. "Ses

Land C. l^i-g. J. & JLan-l C. 1839, .\. & O....780f 1583.

Non-fundable bonds ..

Tennessee 68, olddo 6h. new .

do 6s. new eerles.Texas 10a of 187oVirglnla-

68, old-68, new bonds, U'6«8, do 186;.. ..

68, consol. bonds€8, ex matured coup. ..

6s, consol .2d series6s. deferred bonds..

District of Columbia 9.65s.

Railroad Stockn.(Actlrejjre Vuf'tj quoCd.)Albany & Susquehanna...Centra] PacificChicago.^ Alton

do nrefChic. Bur. & Quincj-Cleve. Col. Cin. & I.

Cleve. & Pittsburg, guar..Dubuque & Sioux City. .

Erie prefIndianap. Cin. & LafJollet* ChicagoLong IslnndMorri.-! & EssexMissouri Kansas & Texas.New Jersey SouthernN. Y. New Haven & Hart.Ohlo& Mississnni.prefPitts. Ft. IV.&Ch., guar.,

do do special.Rensselaer & SaratogaRome Watertown * Og.Sl.Louls Alton* T.H ...

do do pref.Belleville* So. 111., pref ..

Terre Haute & Ind'polts .

Toledo Peoria & 'Warsaw.Toledo Wab. & TV., pref..Warrenmiscel'ons Stocks.Am. District Telegraph. ..

Canton Co.. BaltimoreCent. N.J. Land & Im. Co.Delaware & Hudson Can'IAmerican CoalConsolidat'n Coal of Md..Mariposa L.* M. Co

do do pref.•Cumberland Coal & Iron.Maryland CoalPennsylvania CoalSpriUK Mountain CoalRailroad Bonds.

(.SWct Exehrmae PrtcM )

Albany * Su8q., Ist bondsdo 2d dodo 9d do

Bo(t. Bartf. * £, Itt mort.

04in«iiw1U5«

99K108

1034SV>4545454045

102^10511110144108102^IMHlOS

102M

M....

117510568

33101

ii«

112Hao40

lon^110

153

95>iB8

158

102«

12051

4040

5241 Hi8

ano

100!^ 107lOO I....

m^ 23

Chic. & N. Western sink. fund.

SXCUBITII3.

Boston Hartf. & F.rle, guar ...| *»Bur. C. Rapids & Minn.. 1st ts^.-i^;Chesapeake & Ohio 6s, istni. 8*

do ex coup....Chicago & Alton sinking fuud.|....

do istmort 110

do Income —Jollet * Chicago, :»t mort... ..Louisiana & Mo., lat m., guari »2

St.Louls Jack.* Chic.Ist m.lIOIChic. Bur. 4Q. 9p. c. Istm. 1J3K

do Jo consol. m. 7s: 110*1

Chicago. Rk. Island & PaclSc. iI'O

do S. F. Inc.es, 'iSlWCentral of N. J., Ist in., new. .. lUi

do do Istcoueoldo do con.conv. .

loj

Lehigh & Wilkes B.con.guarl M!Am. Dock* Improve, bonds J""

Ch. Mil. * St. P. St ul. 8SiP.D. 115)^ 'lo

33

117

102114

iio'M

iii«

,'ibia

05

dodododododododododo

2dm.7 3lb;do78. gold, 1!.D..I8t7s£ dp ..

l8t m.,La C. D.lstm..I.&M.D.Ist m., I. & D .

Ist m., H. * D.!8tra.,C.&M..1st m.. consol..2d m. do

dodododododo

dodododododo

Int. bonds,consol. bdsext'n bds..Islmort. .

cp.gid.bds.reg. do

*l«100

ioi'x ioij<...

t»7

H8 NH^(t.^

1!!^110

106M104

95

'SSo^ Bl«1100

lO.-i 106100101

86

ill 112

lort 109n.s117 118110

10B«107107 ,10«110 ....

102 ....

101104«

Iowa Midland. Ist mort. 8s

Galena & Chicago Extended.Peninsula 'st mort., conv...Chic. & Milwaukee, ^st mortWinona & St. Peters, ist m...

do 8d mort.C. C. C. & Ind'8 Ist m. 7b. S. F..

do consol. m. bondsDel. Lack. & Western, .'d m,

do do 7b, conv.Morris* Essex. 1st. in

do 2d mortdo bonds. 1900....

do construction,do 7s. of 1871 ...

do 1st eon. guar.Erie, Ist mort.. extendeddo do endorseddo 2d mort., 78. I8T9

do 3d do is, 1883

do 4th do 7s, 18-0

do nth do 78,1888do 78, cons., mort.. gold bdsdo Long Dock bondsBuff.N. Y. 4 E, Ist. m.. 1877..

do do large bds.

Han. & St. Jo., land grantsdo 8b. conv. mort.

Illinois Central-Dubuaue & Sioux Clty.'st m.

do do 2d div.

Cedar F. & Minn., l8t mort..Indianap. Bl. & W., Ist mort...

do do 2d mort...Lake Shore-Mich. So. 7 p. c. Jd mortMIchS. & K.Ind..S.F., 7 p.c.

Cleve. & Toi. .-Inking funddo new bonds ...

Cleve. P'ville & ABh..:oldhdBdo do new bds

Detroit Monroe* Tol. bonds lOlHBulTalo &ErIe, new bonds...;Buffalo & State Line "s

|

Kalamazoo* W. Pigeon, Tsti . ...

Lake Shore DIv. bonds ... 1 103do Coos. coup.. 'St. 105do Cons, reg., Ist. 104do Cons. coup.. 2ddo Cons, reg., 2d...

Marietta* Cin. 1st mortMich. Cent., consol. 7s. '90J loa-^ J"?

do ist m. 83. 882. 8. f. 110 llll

do equipment bonds.l |....* .78 24 1—

107

86>i

103109

103

10888

110554

New Jersey Southern 1st in

do do consol. is

N. Y. Central 68. 1883

do 68. lf87

do 6s, real estate.,

do 6s, subscription.do 7", is;'*

do 7s, conv.. 18"6.

do & Hudson, st m., coupdo do stm.,reg..

Hu.lson R. ts. !d m.. s.f..' -SSi

Harlem, ist mort. "s.coup...do do 7s. reg ...

North Missouri, 1st mortOhio & Miss., consol. sink. fd.

do consolidateddo 2d dodo 1st Spring, div..

Pacific Railroads-Central Pacific gold bonds

do San Joaquin branchdo Cal. & Oregon 1st .[

do State .\Id bonds. .......do Land Grant bonds..'

Western Paclfle bonds. .198Union Pacific, ist mort. b'ds'lOSi

do Laud grants. 78. 98;

do Sinkingtund...' 90?4Atlantic & Pacific land gr.m!South Pac. RB. bds. of Mo'Pacific R. of Mo., Ist mort.

do IstCsron'tBdo 2d mort

Pcnn. RR—Pitts. Ft. W. * Chic, Istm.

.

do do 2dm.

.

do do 3d m . .

Cleve. * Pitts., consol.. s.f.

.

do 4th mortCol. Chic. & Ind. C, Ist mort

do do 2d mortRome Wafert'n * Og.. con. 1st

St. L. * Iron Moui.taln, lat m.do do 2dm..

St.L. Alton &T.H.—Alton* T.H. , Istmort .. .

do 2d mort., pref.

.

do 2dmort. Inc'meBelleville & S. Ill.R. Ist m. 8s

Toi. Peoria * Warsaw. E. D

10.5« 106105«,100102 |....

102}^ ...

123121

i2n«121

Toi. * Wab., lat m. St.L. dIv. .

.

do 2d mortdo equlp't bondsdo con. convert..

Hannibal * Naples, jst mortGreat Western, Ist m.. iSjS..

do 2d mort., 1393.

Qiilncy * Toledo. 1st m .. '90.,

nunofi & So. Iowa. Ist mortLafayette Bin * Ml--., IBt mHan. 4 Cent. Missouri. IBtra

Pekin LInc'ln * Dec'fr.l Jt m[Boston * N. Y. Air LInc.lBt mCin. Lafayette* Chic, let m .

Del. & Hudson Canal, 1st m.,'9:

do do 1884

do do 187

do do coup. "«, '.f94

' do do reg. 1. 189JiLong Island BR., let mort.South Side, L. I., Ist m. bond

do sink. fund. .

WMtern Union Tel.. 1900. coup 102

Bid.

«7 7063

12.<»4 40X, 4(1

86 HO62 6348 6867 ....

Ill

I

axruhiTllfl.

do do reg

niscellaneons 1.1st,(Brokers' (Jnot'itioiiH )

CITIES..\lbany. N. Y.. 68Buffalo Water and ParkChicago 6s, long dates

do 78, seweragedo 78, waterdo js, river Improvementdo 78, various

Cleveland 7*Detroit Water Works 7aElizabeth City, due '-S.

do due '85.

.

Hartford 6sIndianapolis 7.308Long Inland CityNewark Cliy 7s

do "Water Tb .,

o«vegoIPtM)gnkeep-le Water. .

.

! Roehester City Water bd<., '»;.

iTolcdo .Sis

Yonker' Writer, d'l" 9?SRAILROADS.

i.Vtchl«ou& P. IV. k.ii .goldA 1 -ntlc & Pacific L. G. fs, gidlAtchlaon & Nebraska. 3 p- cBur. & Mo. Rlv., land in

"

lOlM

imi

107109

101

105108«100 I....

105M 106105)Jll0810014104107lOM

104103

109lis104103108102104

202520105108im108108109207H8770

,10837

US

90

dodododo

Toi. Wab. 4.

do W. D..do Bur. Div.do 2d mort..do conaol.tB

WesternToi. 4 Wabash, ut m. extend

117109.;

103109103!k46^

77

91«73

87

do 2d S., do 78...

do 3d S., do 8i .

do 4tliS..do8.....do SihS..doS9do 6thS..do3-*

Bur. C.R. *M. ..M. div.)g.78.Cairo* Ful'on, 1st 7s. gold...California Pac. RR., 7s, gold .

.

do 68. '^d m. gCanada Southern, lat m .

do with Int. certlfsCentral Pacific. Ts. gold, conv.Central of Iowa Ist ra. 7a. golddo do 2d m..7s,gold ....

Keokuk 4 St. Paul 88 ... 1 g. 1104

Carthage 4 Bur. 8s i-Dlxon Peoria & Han. 83.

.

O. O. & Fox R. Valley 8s.

Qnlncy & Warsaw Ss. ..

rlllnofs Grand Trunk | SSChic. Diih. & Minn. Ss .

1 taSPeoria* Hiinnlljal R. 88.. ^2Chicago & Iowa R. 88 ... I 2.•American Cenrral 88 1 ^Chic. * S'thwestern 7s, guar .

Chesapeake & 0.2d m.. gold "sCol. 4 Hock V. l8t 8. 30 years,

do 1st 78, 111 years,do 2d 78. 20 years..

Chicago Clinton 4 Dub. Ss.

Chic. * Can. South stm.g. 7a.Ch.D. * v.. I. div.,lBtm.g.7s.Chic. Danv. & \'lncen'8 78. gldConnecticut Valley "sConnecticut Western flt78..,.Chicago & Mich. Lake Shore .

Dan. Cfrb. B1.& P. 1st in, "s, g.Des Moines & Ft. Dodge Ut 78.Det. Hill-dale* In. Kli.Ss ...Detroit* Bav City 3a. guar....Detroit Eel River * 111. Si

Det. Lans. & Lake M. 1st m. fHdo 2d m. Ss.'

Dutchess * Columbia 7aDenver Pacific 7s. goldr^enver & Rio Grande 78. gold.EvaiiBvllle* Crawfordsv..73..Erie* Pittsburgh Ist 78

do 2d 78do Ts. equlji,..!

lOB

imi110100100106>^

100110US105106110103105

253030

25SO 1

90 '

75milio i

39

8065858575

EvansviUe Hen. 4 Nashv. .s,

Kvansvllle, T. H. & Chic. 7s. g.Flint Pere M. ts. Land grant...Fort W., Jackson & Sag. 8s ...Grand H.& Ind. '.sr 78, guar.,

do 1st L. G.'s...do l*t ex L. G. 78

Grand River Valley 8sHon...* Texas C. Ist 78. gold..

do consol. bds ,

Indianap. & VIncen. Ist 7s. gr..Iowa Falls* Sioux C, 1st 7s...

103%, Indianapolis 4 St. Louis Ts ...99 jIHouston & Gt. North. Ist 7s.g.90J<, International i,TcxaB) :stg... lint, H. 4 G. N.conv. 88 .

68 11Jackson Lansing & Sag. ?8Kansas Pac. ,8 extension, gold

do 7s. land grant, gld'

70

105«:

94I

98

90M

78«

ll^l

93100".^

I c,

do "8, do new, glddo 6s,gld, Jnne4Dec| 68do 68, do Feb. * .\ug! 70do 78. :8"6. land grant 100do 78. Leaven, br'nchj 60do Incomes, No. 17...

do do No. 16...

do StockKalamazoo * South H. 88. gr..Kal. .\lleghan. & G. R. 8s. gr..Kansas City* Cameron lOs . 1

Kan. C. St. Jo. and C.B. 8a of '85

do do 8 of '93

Keokok & Dee Moines I't 7a,

do funded int. 8sdo pref. stock..

.

L. Ont. Shore RR. 1st m. g. 7«.

Lake Sup. & Miss, 'st ^s. gold.Leav. Atch. * N. W. 78. guar..Leav. Law. 4 Gal. lat m.. lOs

Logans. Craw. * S. W. 88. gld.Michigan Air Line 8s .. .

Mouticello & P. Jervls 7», gld.Uontclalr ist Ts, gold 8

Bid

85«2«30

ai)

60191090

9582M70

Mo. Kansas* Texas "a. gold.. 68Mo. K. Ft. S.&Gulf let m. 1(8. 54

do do Sd m. Ida

N. Haven Mlddlefn* w. -,a. .

N.J. Midland let 78, golddo 2d 78 . .

New Jersey 4 N. T. 78. gold...N. r. & Osw. -Mid. '.Bt 78, gold,

do 2d 78, conv.North. Pae. '.st in. gld. . 8-10 ..

Omaha 4 Southwestern RR. 38

Oswego 4 Rome "8, guar —Peoria Pekin* J. let mort ...

Peoria & Hock I.7e,goldPort Huron & L. M. 'is, g. end.Pullman Palace car Co. stock

do bds., 88, «th series

Rockf . R. I. & St. L. lat 78, gldHondout * Oswego 78, gold. .

.

Sioux City* Pacific 6s

Southern Minn, construe. 8a...

do 7eSt. .10. & C- Bl. let mort. lOs...

do do 8 p.c.Sandusky Mans. 4 Newark 7b.

St. Louis Vaudalla * T. H. Ist.

do id, guarSt.L. 4 So'eastern lat 78. gold.'^t. L. 4 I. Mt. I Ark. Br.) .8, g.

Southern Central of N. Y. Is..

L'nion * Lo^iinsport '.8

Tiilon Pacific. So. branch, 68,gWalkill Valley Ist Is. goldWest Wisconsin 78. goldWisconsin Valley 8s

Soiitliern Securities.iBioker>i' QwAqUou^)

STATES.Louisiana new consol. 7a

South Carolina new consol. 63.

Texas Staters, 1892 (flat)

do 7s. gold "do lOsof I8SI

•'

do Us. pension... "

CITIES.Atlanta. Ga.. 7a

do 88Augusta, Ga.. 78, bondsI'harieBton ^tock 6e .

'harleston, S. C. 78, F. L. bds,'olumhla, S, C, 6s'olumbus, Ga.. 7e, bondsLynchburg 6s-\racou 78, bondsMemphis old bonds, 68

do new bonds, 68do end., M. 4 C. BK ...

MobIle^8 (coups, on)do 8s (coups, on)

Montgomery -'^s

Nashville 6s. olddo 6e, new

New Orleans 5a t

do conaol. fado bonds, 78do gld. 7a, quarterlydo Idsdo to railroads, 6a

Norfolk «8Petersburg'sRichmond 68Savannah 7a, old....

do 78. newWilmington, N. C. 68. gold,

do 8s. gold.RAILROADS.

Ala. 4 Chatt.lstra.8s, end.... 10Ala. & Tenu. Rlv. Ist mort 78,

do '^d mort. 7s ...

Atlantic 4 Gulf , consol 70do end. Savan'h. 75do stock 1do do guar,

Carolina Central Ist m. 6s. g, .

Central Georgia consol. m. 78. 95do stock. .. 38

Charlotte Col. 4 A. lat M.78.. 70do do stock . , 12

Charleston & Savannah 6s. end 20Savannah 4 Char. 1st M. 78 25Cheraw * Darlington 78East Tenn. & Georgia 6k 75East Tenn- & Va. 6s. end. Tenn 75E. Teun. Va. & Ga. iBt mdo do stock 50

Georgia RR. 7s •. 95do stock 70

Greenville 4 Col. 7b. guar 52do 7a, certlf... 51

Macon* Brunswick end. 78.. 110Macon * .\ugu8ta bonds 83

do endorsed.... 85do stock

Memphis 4 Charleston 1st 78.. 77do Sd78... 50do stock.. 5

Memphis* Little Rock IstmMisai.sippi Central lat in '8 . 80

do 2d in. OS. .. 50MlsBlBsippI 4 Tenn. Ist m.7s,. 80

do consol. 8s. 60Montgomery 4 West P. Ist 8s. 90

do do income ...

Mont.* Eufaulaltt 3s, g.,end 25Mobile * Ohio sterling .... 41

do do ex certlf. 41do 8s. interest 25do 2a mort. 8a 10do Block

N. Orleans 4 Jacks, lat m 89do cerlifaSj. 68

Nashville * Chattanooga 68. 80Norfolk & Petersburg Istm. 88 —

do 7b;....

do 2dm.8s. ---

Northeastern, S. C. 1st m- Sa.. 90do 2d m. 8b.. ....

Orange* Alexandria. Ists. 68.1 86do 2ds.68.

I

70do ."ds.Sa...!....

do 4th8.88... 55Richm'd 4 Petersb'g 1st m. 7a.'....iRIch. Fre'k»b'g4 Poto.6a I 80

do do conv. la 80Rich. 4 Danv. Ist conaol. 68... 72Southwest RR.. Ga.. Ist m 90

8951506

90

«5395

16'

315«899070581384

12M4055.55

71

675290109103106

7583855367

75

8080403739303010707035413531.33

357585948383

8. Carolina UR. 1st m. a. newdo 66 ,

do 78do Block

rWest AlihamaSs. guarPAST DDE COUPONS.

Tennessee StAte couponsSouth Carolina conaolVirginia coupons

do consol. coupMemphis City Coupons

Page 17: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

April 22, 1876.] THE CHRONICLE 397

Itiarked tlmi (*) <

not National.

NEW YORK LOCAL SECURITIES.

Bank Stock Llat.

COMFA.VIIB.

kioerlca'...American Excbange.SoreryBroadwar .

TiHeaavlADroven..

luaere*Bmerclal

' nrlne'-itsl

: 11 Exctiaaire*rency

!>:-v Goods*K:i«t RiverKlrtveDth Ward"F till

I iitu ATeuueV.KirstKi)urthjFaltoDGaUatiDGermmi American*.'German BxcbanKe*..Ga.'manla*Greeawlch*Grand Ceutral'Grocers"Hanoveraarlem"Iinporteni' A Traders'IrvlDL'lalaad City"Leather Mannraccrs...Loauers'"Mauliattan"Manul. A MerclDants*,MarineMarketMeclmalcsM<;cli. Ukg AsBo'tlon.Mechanics* Traders.>lercantneHfjrchantsMerchants* Ex.Mtnropolls"M-'trDpolltan.Miirmy Hill"Nassau*New Vork

,

Now Tork CountyN r. Nat.Exchanire.,N r. Gold Exchange'.NinthNort'i America*North Blver"Oriental"PacWo"ParkPeoples"Phenix

,

Produce"ItennhllcSt. NicholasSeventh WardSecondbUoe and LeatherSixthstate ofNew York...TenthThirdTradesmeD'l..oUnion '.

West Side*

ParjAroooDt.

tool s.ono.ooo

IIX)

wu2910

lOUlUUUIO

a25

IIX)

lUOlUO1003U50100

•.t«

100

25•a40100

100100311

SO

100

1005061

10.1

IOC

2650231005050100

toolOO100100ino100100100100

X3590

lOll

2520100

100:ootoo100100:oo

1001001004050

lOll

DITIDXMSS.

Periods.

5.000,000230 000

1.000,1X10

300,1X10

900,0002,000,000490,000800,000Kicaf

1,000.00010,O00.IKXi

uo.ooo1,500,000l,OuUOOO100,00.1

1.000,000890,000.JUO,000

190,00(1

100,100900.VOU

5 000,00080(1.000

1 900,000,000.000'aw.oou20t>.00<i

aoii.ooo

lOO.OOO300,000

1 OOO.OOIJ

»2,700

1 50ll,li0ii

wo.ooolOii.Ol

600.000WXI.IW

2 (BO.OOd300.000

400.000I.OOOJXK3,000AW900JXI0600.000

1.000.000

3.0OO.0(X)

1,000.000500,000

4,000.0002'X).0O0

1,000,0003.000.000200.000goo.ixio

500.0001.900.0("«

1,000,000400,000800,000422.700

2,000,0004;2.5IX)

1,800.000250.000

2,000,0011

1.000,000

300.000800.000

1,000,000200.000

2,0(X),000

900,010

t,"00.0001.000,00"

1,500.1X»2011.000

J . & .)

.

M.*N.J.& J..!.& J.M. tB.J.«J.J.& J.J. A J.eT.2inosJ. 4 J.Q-FJ.* J.

JV*j!'F.ftA.J. A J.J.& J.,J.& J.J. A J.«-J.

.1 * J.M.*N.A.*0.F.* A.M.&N.M.SN.M.iN..M.4N.J. 4 J..1.4 J.M.4S.J. 4 J..1.4 J.

J.'*".}'.

F.4A.F.4 AJ. 4.7.

.1.4 J.J. 4 J..1.4 J.M.4N.M.4>.M.4N.J. 4 J.J.* J.J. 4 J..1.4 J.A. 4 0.M.4N.J. 4 J..J. 4 J..1.4 J.J. 4 J.J. 4 J.J. 4 J.J. 4 J.J. 4 J.Q-F.J. 4 J.J. 4 J.J 4J.

F.'i'A.F.4A.J. 4 J.J. 4 J..1.4 J.J. 4 J.M.4N.J. 4 J.J. 4.1.J. 4 J.M.4N..1.4.1.

1874 1S75 Last Paid.

7It

"ii'8

U 2-383710

10

S8

14

10

'ij'

8H10.....

10'.0

7>4109

.laa.Nov.Jan.,Ja'i.

SeptJan.Jan..Ian.Mch.Jan.Feban.

712

1212107

3H

121238

I**10108

IK108

810

114

IK

3,71.. .5

1,75...

4

s,n<i..»3, 74. .90

. i.TS..53. 76...

9

11,76...

4

3. -Tt.. .8

1, 71.1!8. 76...

4

1,78...

9

«i, 76 8S

FBioa.

io;x

.Ian. 8. 76...

3

Feb. 1,76.. .5

Julyl,74...4.Ian. 10,7rt.2>,

.Ian. 3, 76.. .4

Jan. n, 76Julyl,75.ilH

JaiylVVsV.'.SJan 8,76.. 4

Nov. 1,79. ,-5

Apl 1, '18. .4

Feb. 1,74.May 1,74...,M»y, 1,75.. 8

Dec. 1,75.. 80

ja"nl8,'76'.'.'.4

Jan. 3, 76.. 3

Mcl..l,75..4.Ian 1,76...;Jan. 3, 76...

5

Janl's'Ys'.'.'.B

Feb.l2.74.8KFeb. 10.7*..

5

Julyl.TS.JH.IaT.S,76...SJan. 3, 76.. .4

Jan. 8, 76.. .6

Nov. 1.75.. .9

N3V.1,75..5NCT. I, '75. .4

Jan. 3. 76. .4

.Ian. 3.76.. .4

Ian 3,76.3><Jan. 3, 76. ..5let ;,';5. .4

NOT.111.75..4Jan. S. 76...

5

Inlyl,7S...'Jan.3,75.3>,May, 73...

5

Jan. 3. 76.. 3Jsn.8,7ii3KJalyl,74.3KJan. 3. 76...

J

Feb. 1,76...

3

Jan. 3,76.. .5

Ian. 3.76...

5

Jan 3.76JHJulyl3,74.3>iFeb. 8, 75..

4

Feb. 14 76.4

Jan. 3. 76...

S

Jan. 8. 76...

7

Ja'i. 3,76.. .6

Jan.l,7«.Nov. 10.75.. 4

Jan.274.2MgJan. 3.7«-. 4

Jan. 3.76.. .9

iNov. 1,79l.la.i. 1.7o.

115)4

'76'

«3X

128"

IKS13t

"io"

119

113 101

'.'.'.'. l»X

Insnranee Stock I>Ut.

(Qaotitloni by K. 8. Bailit, broker,n Wall ttreet.)

108X

125190

»4H

141

150149

Gaa and CUjr R.R. Stock* and Bonds.[(jnotatlong by Charles Otis. Broker, 47 Exchange Place.1

Gas Covfakiis. Par Amount. Periods

^rooklvn Gas Light CoCitizens' Gas Co (Bkljn

do certihcatesilarlem'

'1 rsey City 4 Hoboken ,

M inhattauMetropolitan

do certlQcatesdo b nis

M'ttual.N. YVassaa. Brooklyn

do scripNew YorkPeople's (Brooklyn)

do do bondsAVestcliester CountyCertlOcatesBonds

Williamsburgdo scrip

2,000,000

1.200,000320.000

1,850,000386.000

4,000,IXX)

1,-oo.nnii

l.KIO.dOO

500,0005 000.000i.noo.oiKi

7li0,0C0

4,000.0001,000,000ia.ooo466.00098,00021,ilO(' '

1,000,000I

1 000,0001

A.4 0.F.4A.J.& J..1.4 J.M.&S.M. 4SJ. 4 J.

Last^ dlvjucnd.

M.4N.M.4M.J. A J.F.4 A.

J. 4 J. I

J. 4 J.I

J.& J. I

Jan., '76

Jan., ';6

Apr., '76.

Aug., '75,

Jan.. '76.

Jan., '76.

Mch., 76

Apr., '76

J an., 76

Jan.,

'

Jan., 76

3h Jan.,4

3 lApr.,

".43

10"UO

lat mortgage^oadioay it Stotnth .^f«—stock.

lat mortgageBrookti/n Citpr—slockI8t mortgage

Broadway (Brooklyn)—stockBrookli/n it Hunter's Pt—stock..

.

Ist niortitage bondsCenlral Fk, .W it E. R(t7«r—stockUt mortgnge, consoUdited —

Christopher ,*7<ni/i>*(rfi€(—stockt'mevlfl'iJidit itrook'n—L^l moTtDry 'Do<:k, E B. .ft ffadery—stock

Vst mortsAK", cons'dEyfit/i 4c«n"e—stockUt mortgage

4M5I. ,t Grand St ferry—»toci..1st mortgage .

C«J!(ral CVOM '/own- stock1st mortgage

Sulntfi Ar^nue—stockIstmortgage

£ecpa4 Acenue—stock.1st mortgage*.fd mortgage3d mortcratfeC.iTis. Convertible .i

Stxih Aren.te- stock..., .'

Isl mortiagaTh'rti Avr.nae—stock

I'll morticageT^'Jxli/.tMra airtet-tlae*lBtu>nrt«agu

1001000100

10001001000100IIWlOi

1001'

10.0lOCO1000100

lOIX)

1001000

100llfW

i*UO,0UO

«M,0002,100,0001,500.000

2,000,000800.000aoo,oia)40i),000

800,000l,8f 0.0001,200.000650 000807W)

1,200,0009OOM0

1,000,000203,000748,lXX)

236,000560.000ax),ooo787,3003X7.000

!,!99,500

390,000200,000150,0006i:,iflo

750,(XIC'

415,0002,000,1100

2 000,000iMO,aan290,000

J. 4 J.J. ft J.J.4D.Q—F.

J. 4 J.

J. 4 J.

JVi'D.

J. 4 J.Q-F.J74DJ. 4 .1.

J. 4 J.M.4N.A.40.

J. 4 J.

T."4D'.F.4A.A.40.M.4N.M.4N.J. 4 J.Q-F.J.4J.J ft J.M.ftN.

1880Jan., 76

1884Fel)..";6

I8r2Jan.. 76OLt.,'79

ISliS

13»5

18nFeb., 76

Jan.,76

Nov.. 751873

Apr.. 761877187618891888

Nov..'75l.SSO

Feb.,':«1890

Jan .,76

Courxwat. Par Amount.

Adriatic.AtnaAmericanAmerican Excb'e.

.

AmityArcticAtlanticBowery ..

Brewers' 4 M'lat'rsBroa-lwayBrooklynCitizens'CityClintonColumbiaCommerce Fire....CommercialContinentalKagleEmpire CityEmporiumExciiangeFarraKUtFiremen's .....

FIremcn'sFnnd

Firemen's Trust...OebhardGerman-AmericanGermanlaGlobeGreenwichGuaranty.... -

GuardianHamlltouHanoverHoffmanHomeHopeHowardImporters'* Trad..Irving.... ...

JeffersonKings Co. (B'klyn)KnickerbockerLafayette (B'klyn)Lamar.. ',

LenoxLonKl»land(Bkly.)LorlllardManuf 4 Builders'.ManhattanMech.iTrad'rs'....Mechanlcs'(Bklrn)Mercantile.. .

Merchants'MetropolitanMontaukm-klyn).Nassau (B'klyn)..NationalN. Y. Equitable....New York Fire ...

N. Y. ft ionkera..NIaiaraNorth PJverPaciacParkPeter Cooper. . .

.

People'sPhenli (B'klvn) ..

Produce ExchangeReliefRepublicKldgewoodResoluteRutgers'SafeguardSt.NlcholaaStan(rardStarSterlingStuyvesantTradesmen'sUnited StatesW..Rtche*terWHllamsburgClty.

xTKiOO1"09567240too140III

too2517

2070:oo8010090too40

10)1

IW80W'17

1010100too

905025nolOO15

50901002550SO

101

8(

204050too255025IOOtoo25509090iO5090

too100502525100205050im50100100IOO25100S550tootoo29252510

200.000200,000400JXX)200,0003UU00W-.OOO200,000800.000200.0iO200,000158/X)0800,000210,000250,000800,000200,000200.000

1,000.(XX1

300.000200.000200.0110

200,010200,000201,000150,000150,000200,000

1JX«,000900,000200,000200,oaiax),ixxi

500,000150,000600,000•200,000

8.I0O.00O

150.000.iOO.OOO

200,000200,000200,010150,000280,000isn,ooo200,000150,000200,000300,000200.000250,000200,000190,000

300,000200,000300.000ilO.OOO

200,000200.000JIO.OOO200,000200,000500.000390,000200,000200,1100

190,000150,000

1,0(<I),000

•.ioo.roo

200,000300,000200.100200,000200,000200,000200,000200,000200,000200.000200.000ISO.OOO i

250.000j

,3IX).0C0

50 ySO.om '

NBT BVtL

Jah. 1,

1876."1872 irn 1B7I 187i LMt Paid

3J,«('i

axaaS'.n.r.s

S8,0«:<

13,MS1.1,9611

1ISJ»423,«:3116,141

Ml,9*9989,in806,380217..149

I9V.24739,1548.'),880

169,315

600,iJ25;0,0^9l»l,«!3S0.4S918i.8ia116.060lle.1'30

83.56S

1U,0'«21,326

909,705616,1(0IS3.091S

59.639

U4,85789-3,139

9.*,453

893.7234i;,5i0

199,S71

103,'«840,993

137,049213,7;3-\.vn1'5,3H117,.i('9

86.973186,675103,2SS

155.024'382.429

320,899171,39769,508181,37629,865

l.S3,077

275,859118,163339,082214,01039 .586

457,298137,1 '34

396,655176,33»233,957141,040785,6f921 ,-.04

7l,a>585,»4383,690•33,975

2i«,998136.31649,945I5;,73)i:5,-i41

94,193176.0:5I89,H78261,511180.1F6

374.;06

UiTiDaxDa.

H 3020 D)14 lOH3(1 14 1«

17 to10

10 9

11 9

9X 8K'30 '30

10 10

10

15J410to1214

141010 10

v>14

19

10810!U30930

W30303010to'30

9-mso14

10

19

13 i,

19

to

to

mIS33

io"3010

10

1010

13

12

'510'30

3030

101018

10

10

14

iO101030

to303012303010

10

13.•iO

M203015

10to

11

1030

12K10

11

1030

2016

1020

Paiow.

Bid.

Jin. .78. .5

Jan'7t.i2HJan..7«..>Jan. ,'71. .9

Jan., 76. .4

Jan..79..5Jan.. 74..

5

Dec. ,73. 19

Ian., 78..

S

Feb.,76.U'.)»n..76.i;Jan. .76.. ,0

Feb., 74. 10

.Ian.,7«.:0Jan,.*78..5Jan..7«..5.I.n..'78.19Jan. 76.5 .«C

Apr.,7«.15Jan.. .8 ..

Jan.. 76. .5

Jan.. 76 10

.lan..7«.7XJan.,'76..HJan ,'76. .6

Jan., 78..

6

F b..79..5J«n.,'76..!Jan.,7».l>Jan..76..inJaa..'7«.10

Jan. .'76..

5

Jan. ,71.. .10

Ja.-..76. 5

Jan.,7«..5Jan. ,'78..

9

Jan.,'7«..5Jan. ,'76.. .6

Jan. ,'7''. .6

Jiin..';8..5Mch.,76..9Jan.. "76.11

Jan.. 76. .5

Jan., '76.11

Jan.,79..5Jan.,'76..5Jan., 76.10Jan., 'IS. .5

Jan., '79..

9

Jan., '76..-

Jan., '7«. -311

Jan., '76.10

Jan., '76. .5

Jan., '76.1(1

jan..7« "

Jan. ,78.10.Ian. ,78.1'

Jan., 76..'

Ian. ,'76. 10

Feb. .78.10Jan.. 76. .5

Jan..'76..5Apr. .76..

6

Jan .76.1')

Jan., "76.10

J an., "76. 10Jan., 76.10Jau., •7').l'.i

J«n..'76..5.Ian., "76. 5Jan., 78. .9

Jan., 76Jan., 78 .5

Feb., 76.15Jan. ,76.7),i'eb.,'76..5

Jan. ,76.5.6

Jan..'7'i7H.Feb ,'76 .5

Jan.. '76.10

Jan.,'7B.15Jan , '76.. ti

Feb, 76Jan.. '76

is-mM

ai"

igo"ra

id"H171

ia9

M

iir

la

in

UOw10789 n

1-.9 12>i\i ui

190 i«180 190

IM',60 laicn llUtoo 101

17085ISO119 ....!»-• ..*•

1*9 ...

99 ....

173 189

80 Ut160 m195

125 in190 i»183 ns75

:iio lU

M170195 •M«153 IMUS 140

too

M «5

59 9511075 HfK

1911

UO 180

iii" i».*130100

170180

179"

* Over all liabilities. Including re-Insurance, capital and profit scrip.

I

City Securltlea.

[Qnotattons by Dasiil A. Uorak. Broker, 40 'Wall Street.]

*Xiua GOiuuku buuws last dlyiaend **v tuKtt, alto data of niattoity of bondt*

New York:Water stock lg«-«3.

do lH5t-57.

Croton waterstock. .1S15-5I

.

do do ..iia'3-60.

Croton Aquert'ct stock. 1869.

do pipes and mainsdo reservoir bonds

Central Park bonds. .1858-57.

do do ..185S-65.

Dock bonds 1870.

do 1-75.

Floating debt stock. ... 1860.

Market stock 186.3-68.

Soldlers'ald fund 1863.

Improvement stock 1869

do (-0 ....1869.

Consolidated bonds var

.

Street Imp. stock' var.do do yar.

New Consolidated,

"Westcliester CountyJerftey KMy:Water loan 186S.ff7.

do longdo 1860-71

Baweragebonds 1866-69.

Aaaaaament bonds. ..1870-71.

Improvement bonds . . .

Bergen bonds 1668-69.

flrooJtlyn- [Quotations by N.Local Improvement-City bonds

do _ ...

Park bondsWater loan bondsBtKlKCbondBviraterloanCity DonasKingi Co. bonds

do do• \'i Br.i'.tivM h"ni|« Hat.

Tktbrkbt.

Mouths Payable.Bondtdue.

Paioa

Feb., May Aug.4 Nov.do dodo dodo dodo do

May 4 November.Feb., May Aug.4 Not.

do dodo do

May 4 November.

Feb.,May, Ang.4 Nov.May 4 Novc"n"ier.

do dcdo dodo dodo dodo dodo do

January 4 July.

January ft July.do do

Jan., May, July ft Nov.

January and July

BsBRs. Jr., Broker, 3s

January 4 J uly,do dodo dodo dodo doQO dodo do

Hay ft NOTember.do do

1877-801877-791890

1883-901384-19111884-19001907-111877-981877-95190119061873

1894-9718761889

1879-9019011888

1879-«18961891

18771895

189»-190e1876-19l«7ti-91

".909

1876-1900

Wall St.]

1876-801881-991915-2119031915

1902-19091881-991880-W1880

Bid, Ask.

OS lODlot IM96 nHi»H lOKlt2H lot1'.2 118108 too

-

9« 17too 108118 inlOiK 109101), 102116 113•101

103 S 108109 114114 116102« lOS

tC4X 108I'S 114106 101

05 •B96 tl104 •M100 101100 107;06 111t02 lOtM

in lot107 in116 11*t<« IV114 1171C3H X7104 185101 IIIll» lo*

Page 18: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

lifh

393 THE CHRONICLR [April 22, 1876.

3nt)e5tments

STATE, cm AND CORPORATION FINANCES.

The " love«tor»' Supplement" Ib published on the la«t Saturday

of Mch month, and farniihed to all regular •abocriberB of the

Chvohiclb. No alogrle copiea of the Supplement are Bold at the

oflee, as only a sufficient number ia printed to supply regular

mbeeribera.

ANNUAL REPORTS.

Sonth Carolina Railroad.

{For the year inding December 81, 1875).

From the aonual report we have the following

:

The earnings were

:

Tnm pai'tge SMS.mFromfrtiuht 931,90S

From mail ncfTlce 1^,176

Total receipts tl,Mil.80«

The expenees bare been

:

F«ro*Ddactin|; transportation S^W.tXnFormalDttiniiDceur moilTe power 19!i,7S0

FomalDttnanec of wdy 208,011For mainlenance of cara G6,8S8For general expeaiea 46,487

Total openitinc expenaei T8},'Z7

Net earnings $44(1,574

Compared itiih 1H74, the rarnii ^ show a decretsoif tl3t>,>i«9

The expeni-es »how a decrease u( fi9,787

The balance of earniiif;« thow a decrease of 66,681The ratio of expenses to earnings is 61 50 per cent.

The ratio of expenses to earnings in 1671 63 26 per cent.The tonnage msvement was 3nl,t^ tons.That of last year was 270,473 "

Difference 8,5!J8 "AT^'age receipt from freight, per ton (S 7S

do do lastyear 4 ISATcrage co<t of moving same, per ton 3 34

de do last year 2 86

As to the decrease in receipts, it is said that the freight earningsof 1875 are |189,874 less than those of 1874. Of tbat sum$!31,i>C8 is apportionable to down, or eastward, and $S,30o to up,or westward freight. lu comparison with last year, we havemoved, 47,541 bales cotton, 14,814 barrels flour, 46,!!51 bushelsgrain, and 6,U03 packages oidse., etc., less.

" If to these several quantities we apply a moderate averageof our standard tariff rates, we will have obtained in roundfigures a sum little below §60,000, on account of the deficiencyof east bound businefs, nearly one-half of that deficiency."Again, as to west bound business :

" The tables show an increase of tonnage 4,5S3 tons, and adecrease of earnings of |3,805 73.

" This maintenance of tonnage in the comparison of the West-bonnd business of the two years is due, first, to the fact of anincreased movement of fertilizers, 4,874 tons ; and, second, toa very heavy diversion of western produce from the Green LineBonte to the Route via Biltimore and Charleston, created by thecontest between the Baltimore & Ohio and Pennsylvania Kailroadsduring the year.

"It is gratifying again this year to observe conspicuouslyprominent a feature of our business, which, in our last report,afforded us just ground of encouragement. We refer to the largeproportion of the local to the general business of the Company,is comparison with the through,"

lo a condensed shape the following results appear

:

!874.All freight West. ^ $467,803

do East 653,876Ctaarlestan local (Weft) 9858X8

do (East) 408,536

Showing that whilst there has been a considerable decline in thebnMnesa passing through Charleston, the business beginning andending in the city has heea fully maintained.The balanreof eamlnj-s, as before stated. Is $448 574Add incidental income 1 451

$450 005Again't this snm are charged Interest on first mortgage sterling bonds '

and premium on remittance $108,0:i4Do. GO first mortfBge currency bonds 67il30Do. on seC' nd mortgaire nonds 6o',270Do. on non-mortgage bonds, bills payable ..'...' 2.7,893 4S8,)l-}8

Balance transferred to profit and loss $11,677

The Treasurer's tables show an increase of the bills payable,given in settlement and for purchases, $128,15906; and an increaseof the bond debt from sales iirst mortgage bonds, and sale andexchange of second mortgages, $81,000 ; but the general indebted-nesahas only been increased $63,286 13.

CONDENSED BALANCE SHEET DECEUBER 31, 187S.

J)r.

To roadway, track, depo'.s, etc .' $e.057,M7 73To lands 65:,0<9 COTocar* - —To locomotivesTo acconnti n;; department for expcndltares (supplyof materials)

To ca- hand vatlosa accountsTosecks $S-»,84267To porcbase of—Siuccuf Mncon ft Aninsta Rail.-oad 2S0.E0'2 23^iocngf (Jrfcayl.le ^Columljia Railroad ?97,985 02

IS75.

$4t2.304498,0662bl,003

414,508

4-J6.77b 41493,496 58

73,216 14- 9,618.407 8696,733 57

Claim against Oreenville ft Colnmbia Railroad.

.

Firsi mortgage botds cf Greenville ft ColumbiaT» secnrltiee of Greenville ft Colnmbia, purchasedfrom N. Y. Commercial Warehouse Co

To Bouthwestem Railroad Bankao do In llqntdation....

To Greenville ft Columbia Railroad CoTc Dent, Palmer ft Co., London.

129,442 no97,524 51

70,225 80— 1,428,171 tS I

(74,698 4861,443 6285,fi.^8 6270,56! SS

To uaailcnt debttr* 2;S,S84 48— 998,078 U {

$12,129,388 7111Or.

I

By stock $5,919,275 OO'By bonds payable 4,5W.089 9tBy fare tickets 97,736 00By receivables 869 25By change notes , 1,848 00By bills payrble l,^.5^,02O «8,By biils payable— special 70.000 10hy loan account 86.122 68By arrears of tlvkdends 3,619 COBycoupons 124.923 92By profit and Iota $87,504 87By transient creditors 54 815 80— 140,319 87

$19,129,883 71

International St Great Northern (Texas.)

(For tlu year endinff Dee. 31, 1875.)

The following statistics have been furniahed for publication in

this paper

:

Soad.

Main line laid with track—From Houston to Long View 236 miles.Bianch lines owned—From Palestine to Rochdale 191 "

From Troupe to Mineola 44^^ *'

From I'helpe to Huntsville 8 "From Houston to Columbia 49)^ "

Total 469Ji miles.

SqulpmerU.

Number of locomotives 40"

Number of cars for passenger irnins Ji5

Numl>er of baggage, mail and express... cars 88 wheel cars for {reigtit and construe ion trains 661

Earnings and Expentee.

Earnings from passengers $279,355Earnings from freight :,033.8I&Earnings (lom other sources '15.130

ToUl $1,108,303

Operating expenses and taxes $799,339Net e-Hrnings 615,963loleresi on funded debt 699,350Other payments from income t>89,b2

Afteti and LiabUitUt.

Cost of road, buildings, *c $16,082.80«_Cost of equipment 1,362,

Other property of the Co.—Stocks and bonds $1,306,745Materials and fuel.. 98,269Bills receivable \,«\>i

Other cnrreut assets 18?, 154Cash 42,121- l,637,1f9

ToUl assets |19.08:;,510

Capital stock paid up $.5,500,0001st mortgage bonds, 7e, gold, daeln 1900-1911 7,3)8.(100

2d and convertible bonds, cs, due in 1892-1904 4,816,000Floating debt—bills payable $.328,789

Coupons pMt due 868,745Other liabilities 545,762—1,743,297

Total llabimies $19,407,297

Directors—Samuel Sloan, New York; Motes Taylor, New York; J»hn 8.Barnes, New York ; Thomas W. Pearsall, New York ; W. J. Hutchlns, Hous-ton. Trxaa; R. S. Hayes, Palestine, Texas; H. M. Hoxie. Palestine, Texas

;

D. 8. II, >mith, falesime, Texas ; Ira H. Evans, Palestine, Texai«.Officers—Samuel SI an. Pre»ident ; Ira H. Evan*. Secretary ; D. B. H.

Smith, Treasurer ; H. M. Hoxle, General Superintendent.

Morris b Essex.

(For the year ending Dec. 31, 1875.)

This company is leased to the Delaware Lackawanna & Western ,

and makes no annual ret>ort. From the returns made to theState authorities of New Jersey, we gather the figures below :

Capitalsiock $15,O0O,C0OFunded debt 18,112,000

TotalDeduct amount expended on new Bergen tunnel andother work, not yet available $1,313,959

Sundry assets 1,320,475

$33,112,000

9.634.435

Balance.. $30,477,664

The earnings for the year it ere aa follows, compared with 1874 :

1875. 1874.Passengers $857,19* $938,38JFreight and coal 3,289,768 2,770,657Othersonrces 193,396 237,114

Tot- 1 earnings $4,340,350Maintaining read 690,?,64Repairs uf machinery., 312,3;i8

Operating road 1,861,933Taxes 1C2,819

Totalexpenses $2,967,456

$3,946,1616S0,9»SS9»,863

1,7(18,141

87,269

$9,741,29%

Netearninga $l,.372,69t $1,904,888

Notwithstanding the increase in coal freights on this road sinceits lessee discontinued coal business on the Central of NewJersey, it appears that after paying interest at 7 per cent, on all

the bonded debt the balance remaining would fall short about$945,000 of paying the 7 per cent, gaarinteed dividend on stock.

Oil Creek k Alleghany Rirer.

(For the year ending Dee. 31, 1875.)'

The Philadelphia Inquirer gives the following figures for 1875from the Pennsylvania State Railroad report, and compares (heame with 1874

:

Page 19: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

April 22, 187d.] THE GHBONIGLR 399

1874. 1875.

From p«»»eiigers $l^8,9

W

$1*),454Trom frelKhl 68»,9J8 «S8,8«From mall tnd exprets ;l3,7Ig 17..'W4

J'roui mUcclluneoui 4,9ti0 i,92S

ToUlearniDsa t8l6,8U $8U?,796

xzraKKI.I

- For maint«n«Dce of road 14.\747 in3,»3Jforrepaira, machliery 8'J,47.1 86, ^bt

For operating the road Ja4,40J Ii8,863

For niuDiclpsl taxes a,(WO S.l}?ForState uxc» 39,435 4,670

ToUl eipentea 8MJ.I19 $»70,8}5Net earnlDgs a4,74» 288,9*)

TIUMSPOBTAT.OH AMD XILIAOI.1874. 1875.

MnmberofpaasenKert carried 31'J,1KS 341,^16Do. carried one mile 4,773,8M 4,Sli(l,M7

Tonsor ceal carried, S37,931 338, n»5

Do. petroleom and other •lis do 295,9I)» SO^ODbDo. other articles do 116,343 Ui,iin

Total tonsof freli-ht carried 619,831 7.3a,7UKate charged per passenger per mile 3)^c.'Cost per uaiaeoger per mile

, 8 7*1-100:.

Bate chari:ed on throngh freight per ton per mile 1 1-lOc.

Bate charged on local freight per ton per mile 3jl<c.

Detroit Lansing & Lake Miehigran Railroads

{For the year ending December 31, 1875.)

The annual report sliowa the following:The earnings and expensea of the road for 1873 were as follows:

RKCaiPTS.I

KXPINBES.From freight $tt.5,169

| Operating 8501,106ffrom passengers... J15,.W( I Taxes I'.ttiiFrom miscellaneotts 38,U39 | Insurance 4,9o4

IBoston efflca 4,M4

Total $789,704! ToUl $383,807

Neteamings »ai0,8t6From which has been nsci and charged to construciIoQ and equip-mentaccounts 13.835

, 99tO-l(n

ATailable net earnings $197,561

The gross earnings of the year show a decrease from those ofthe previous year of $07,993 27, a result of low rates forcedBpon us by competion,— the volume of business being about the.Bame as last year. The charges to construction account have beenmainly for new machinery in the shops of the company, fireproofvault at Ionia, geneial offices at Detroit, and new water station.The road, including the track and the road-bed, has been kept ingood condition, and, on the whole, improved during the year.The net earuingfs of the road durinjr the past two years have

been insufficient to provide for the half coupon interest proposedin th<> lunding plan dated Dec. 15, 1873, and at the same time dojustice to the property in the interest of its bondholders. At theclose of the last financial year this deficit, with interest, amountedto about $75,000, represented by withheld coupons. The greaterJ)ortion of this amount has since been paid, but as the springreceipts of the road are always light, no available funds are leltapplicable at present (April) to payment of coupon interest due^pril 1, 1876. A notice has been sent to bondholders to thateffect.

As may be seen from this and former reports, basing the netTeceipts of this year upon the depressed state of trade existingduring the past two years, a fair proportion of the interest of theBrst mortgage bonds should be earned (applicable to dividends tothe bondholders) during the year.

OINXtUL ACCOUST, DZCIUBER 3), 1875.

Total operating axpensei %tli,TtTInsuraocs paid at Boeton tlViTaxes paid ti.»ti

Total operating ezpentes, iDiarance and taxes t>70,6)S

Leaving aa net earningsfropurtlou of expensea to earnioga, Including taxes aad iaiaraoce,

per cent.

The General Manager's report says : The road was operatadduring the year under very discouraging circumstanctes. QraM-hoppers hatched out and appeared along the line about the mid-dle of April, and entirely destroyed the young corn and whMtlsouth of Table Kock, and part of the crop north of that place.The following is a comparative statement of shipments of the

products of the soil

:

18T8. 1871.

_ ponade. poands.Wheat 45,771,889 64,313,89!)Barley 8,071,.M)5 7.6i)8,6(i9

Corn 89,(66,095 5,6S3,7MOats »,890,0:i5 1,189,810IJyo 891,010 413,730PuUtoti 1,696,815 84,!:85

ToUl 98,980,683

OOMPARISOH or EARMIXOa.69,878,648

1875.pounds.81,8ll.2;S

951.8109.481.assl,348,a»5

irr.i.io

ii7,ro

4S,S17,40U

1875.

$4/1,81118l),!)4a

43,801

$870,955

Per mile. Per mile.1871.

f4331,«»7843

$8,376

1874.

Passenger $73,168Freight !J44 805Mall and miscellaneous £6,880

Total $353,204

An estimate of earnings and expenseg for 1870 gives the eatl'

mated net earnings at $87,000.

BALANCE eUEET TO JAKDART 1. 1876.

To pnrchase of road

;

Total amount paid fur oldroads $ 168,918

Construction: Total cost ofroad 2,376,436

Equipnient: Total cost cfequipment ,. 40l,8f8

Hrofliai.dloss I,:j53,758Counly bonds 8s4,05iBills rectiyahle 1(0Supplies on hand 11,717Due from other rallreads.. 19,058Assistant Treasurer's cash. 22,739

$1,593,810

By bond account $3.Coupon accoaat : Unpaid

couponsDetroit, Lansing and Like

Michigan Riilroad Co :

Due them for borrowedmoney

Bills payableAssistant Treasurer :

*' L^a-pald vouchers"

Treasurer: Cash advancedby him

1875.

$310IJtl-t

S94

ti3n

750,003

750,000

S8,i"0J

15,940

19,85(

U

$1,593,310

•CaplUl stock $l,6SO,6O0-Bonded debt 6,054,000Billspayable 145,123jLccount due Michigan Cen-

tral Railroad for equip-mentandiroo 69,180

XTnpald Coupons

lo he funded Into pre-ferred stock $10 J 860

"To be paid 69,180— 578,040Unpaid vouchers 20,078Cash adranced by Assiftant

Treasurer fiom funds of1876 4,464

Construction account* $5,60O,8S3Equipment account 94S, 110Supplies, material, &c., onh«ud S6.5S3

Amounts due from etherroads and agents S4,186

Bills receivable 11,793Due fro-n other roads, se-cured by collateral 58,0)0

Due on account for secendmortg^Ee bonds 18,367

Cash in hands of Treasurerat Boston 14,993

Balance of profit and lossaccount 1,865,848

$3,675,411

$8,575,411

* Includes $1,644,700 stock Issued with bonds.

Atchison & Nebraska Railroad.(For the year ending December 31, 1875.)

From the annnal report we have the following

:

TThe gross earnings were , $270,955Operating expenses, insttrance and t«xea '........'..."..'.'...'. 870^683

Net earnings *iTUAmoant received from collection ef cooutV bond coapona . i 11 !".„... ! 82,580

S8'l 858Xxpended and charged to constractlon ^^ 2'ne5

Irving as available net revenue $J0 786Which amount has been npplied to reduction of floating debt. Thisdebt, as tated iu previous report, was $79,2J3 82. and has beenreduced during the year to $58,000

oesiaes this amount, thtre la due for equipment 15,910

Halting the entire floating debt of the company at this date $73,3(0This entire floating debt is secured by a pledge of county

bonds, not covered by the mortgage, and amounting to $234,000.The earnings and expenses In detail were aa follows :

FromFromfrem mat"From express '.

.

,

from miscellaneous.

» pa-sengera..1 freight

,

Total.

. $19,811

. 160,»t2»,1.3ti

4,7703y,8»4

. $870,9:5

GENERAL INVESTMENT NEWS.Albany & Susqnelianna.—The proposed amendments to tha

lease of this road, by the Delaware & Hudson Canal Company, havebeen agreed to by both companies, and the amended lease placedon record. It provides that the capital stock is to be fixed andlimited at $3,500,000, on which the lessee is to pay dividends of7 per cent, annually. The clause of the old lease giving 25,000shares a preference is annulled, and in consideration thereof thelessee, whenever the $1,000,000 Albany city bonds are paid off, isto apply the $70,000, now paid annually into the sinking fund, tothe payment of additional dividends on the stock, making them 9per cent, annually. The Albany & Susquehanna Company is toexecute a first consolidated mortgage for $10,000,000 to the Far-mers' Loan & Trust Company, as trustee, the bonds to bear 6 or 7per cent, interest, as may be deemed best, and to have 30 years torun. Of these new bonds $3,450,000 are to be reserved toexchange for outstanding bonds

; $1,595,000 are to be isaued tothe lessee in exchange for an equal amount of stock now held by-it, which stock is to be surrendered and canceled ; a furtheramount is to be issued to the lessee sufficient to pay for improve-ments heretofore made on the road, and the balance is to beissued as the lessee may require. These new bonds are to beguaranteed, principal and interest, by the lessee, and provision is

made for renewing them when the 30 years shall have expired ;

but the amount of stock and bonds outstanding shall at no timeexceed $18,500,000.—iJatVroad Gazette.

Canada Soatheru.—The attention of British holders of thiscompany's bonds has been called to an application about to bemade to the Dominion Parliament, to authorize the Issue of pre-ferred shares in payment of first mortgage and other bonds andinterest, and a petition has been prepared by these British bond-holders against this application.

Detroit & Milwankee.—Receiver Trowbridge reports to tliaCourt as follows for March

:

Balance on hand March 1 fsg fggEarnings in March

[ 94^830Kents, sale of old iron, 4c. 1 1.1 H 2I38S

Total receipts $i$< 104Car mileage, rents, intereet, enpplles, &c $88,11)4

'

January pay-rolls 87,674February payro'.ls 39,'(j<)7 93,84S

Balance April 1 $8S,<S7

Illinois Railroad Tax Cases.—The United States SupremeCourt reversed, last week, the decision of the lower courts in theIllinois railroad ca»es, holding that the railroads' remedy foralleged excessive orillegal taxation is not by injunctions, but onlyby suits at law after paying the taxes. The companies applied tothe lower courts to wholly enjoin the enforced collection of taxeson their lands and other property, for the alleged teasons that insame respects the taxes were illegally levied, and in others thatthe ajseasments were too high. A number of such injuoctionshave been granted in the United States Circuit Court ot Califor-nia, and there are a large number of suits pending in Illinois toenjoin the collection of taxes assessed against lands and otherproperty of railroad companies.

Page 20: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

400 THE CHRONICLE. [April 22 1876.

Lake Freijrllt Rates.—Charters are reported to have beentaken, April lU, from CbiciK" and Buffalo ato^ cents by Bail and 4cent* by eleam for com to Buffalo. On the 12th charters werelor wheat by sail at 4 cents and 4J cents. On the 13th charters

were reported for wheat from Chicago to Port Colborne, Can., at

4t cents per bushel by sail ; Chicago to Buffklo, 4i cents and 4cents. From Toledo, corn to Erie, 2i cents ; corn to Cleveland,

2i cents. From Cleveland, coal to Chicago, 50 cents; to Detroit,

85 cents. Churters reported in Chicago on the 14lh were : Cornby sail to Buffalo, 4 cents ; wheat to Port Colborne, 4J cents.

Coal rates were quoted from Erie, Cleveland and Sandusky to

Chicago at 50 cents ; at Buffalo shippers would offer but 35 cents.

Lonisiana State Finances.—A telegram from New Orleans,

Ii«., April 17, says : The Supreme Court to-day decided the issue

of 12,500.000 of State bonds to the Mobile & Chattanooga Rail-

road under act No. 95, 1871, to be invalid and unconstitutional onthe ground that the constitutional limit of the State debt badbeen reached when the bonds were issued ; that the issue wasfraudulent, and that the State received no consideration therefor.

A statement furnished by the Auditor shows the present condi-

tion of the State debt to be : New conrolidated bonds, iesned in

place of va'id bonds exchanged, $9,035,387; valid outstandinarbonds and warrants, not yet funded, $4,710,000; which, if all

funded in new consols at 60 cents on the dollar, will make thetotal State debt |11.86I,387.

Lonisville Padncah & Sonthwestern —This railroad has beenordered to be sold by the marslial of the United States Court, ofthe Kentucky district, at a time to be hereafter specified.

Montclair & Greenwood Lake.—This company is now offer-

inj[ for sale to the bondholders a part of the preferred bonds, pro-vided for in the reorganization, for the purpose of completing andequipping the road. They are offered at 85, and enough of themare to be sold to realize $100,000, which is needed to build theextension to Greenwood Lake.

Nashville Chattanooga & St. Louis Railway.—The follow-ing is a statement of receipts and expenses for mouth of March,and for nine months ending March 31, this year and last

:

REcErpxg.

March.

1875. IS76.TtBtagt $.W.679 Sn.li04Frelgfit 95,470 103,558M«ll 3.917 S,inBents ana privileges 1,9.10 2,139

9 mos. end'K Mar. 31.

1876.

8390,0429n,90BSH,956

18,191

Total receipts $136,817 SU5,9Ttf $1,349,097 $1,856,151

EXPE!»BE9,

Haintenance of way $89,096Motive p iwer 30,839Maintenance of car* 8,.393C»ndactin(? transportatloo M,S62Miscellaneous, including taxea. 2,979

Total eipoases $'J4,S76Net earnings 41,641Interest on beaded debt ac-crning

Sarplns

125,70929,1097,M4

. 83,6346.7 ;o

$9-2.878

63,10:

36.51016,591

$584,118349,141P8,248

S3),4:J8

68,S6»

$)a8,8:6420,881

$513,033S2i,sa867,221

J 93,971

83,C6l

$784,418571,738

388,590843,118

New Jersey West Line.—Under the recent decision of theCourt of Errors, Messrs. Randolph and Clark, the trustees underthe first mortgage, have taken posgessinn of the road Theyhave appointed as their agent Col. Wm. P. McMichael, of Borden-town, formerly superintendent of the Camden & Amboy andmore recently State Treasurer. The 8dl« of the road will be hadas soon as an inventory is taken, and other necessary prelimin-aries can be arranged. It is said that the principal holders ofbonds are Hon. Asa Packer, president of the Lehigh Valley Coand the Beekm-;n estate; also, the Central of New Jersey andDelaware Lackawanna & Western Railroads.

.».'**J?*''* S"*''^* Bay.—Judgment of foreclosure and sale against

the Pennsylvania & Sodus Bay Railroad was entered in thecounty clerk's office April 15. The railroad runs through TiogaTompkins, Seneca and Wayne counties of this State. The UnionTrust Company of this city is the plaintiff in the suit for fore-closure. It having been made trustee for the $1,620,000 of mort-gage bonds issued by the company.

Railroad Land Grants and Homestead Entries.—Thefollowing 18 the text of the bill, lately passed by both Houses ofCongress, relative to homestead and preemption entries withinland-prant limits. It reverses the ruling of Secretary Delano—that railroad grants can take effect prior to the reception at thelocal land offices and notices of withdrawal

:

Be U enacted <«<:,, That all pre-emption and homestead entries or entries In

S^J'r^wSV"'"' ^"y '*"' <" ">« United States of the public land made n

lart ^thin^.h»'T',?"'7' "P"?" '!'"=•' <" ''""5» »f "" ""^^ than 'IW acr«Si^S:) '

1 .1 ''?"? "' ""J' '"'"' C""'- VriOT to the time when notice ofwithdrawal of the lands embraced In such grint. was received at the loca.and office »f the district Im which snch lands are situated or after thetr

emnZi'^n,,* n°""'''f^T^'^^ot the General Land Office! and wSe?e the Prl-emptlen and Homestead laws have been complied with, and prene- nroofs

be'e«Lme^''''S "'i'^' K'^^ E""'-'holding such tracts or pa'^^^'^hey shall

theJJto ' ''^^'"' "" '^" ""* """ '"""^ " '"« P»"l«» entitled

o™^,';^'^' ''"ll"''"''.« the time of snch withdraw.1l, as aforesaid, valid ore-emptlon or honiesiead claims existed upon any lands within the liiiits of any

rSrin/oMh;T„^l';,"Tf'""""',''"' "bandoned, and, ander the decision anS

^ui™^^.">\I'''°'i Department, were re entered by pre-emption or homestead

«Md 2ntr^es°a^r.h»,T£.'l'^""''^"' laws covern'ing pre'^emption o?home

iil^les J^h.M h. S J' "S^* ^1°P" P'?"'' r.quirefnnder tuch laws, such8.n ? T ? '\^™^^ ™lid and patent issue to the persons entliled thereto.

«,..« ,U J 1! " ' '"'^'? Iire-unpt'on and lomestead entries which may havebeen made by permission of the Land Depsrtmen', or in pursnance of the rulel

Sn^ntm""',"'", """,°'- ^"'"° '"« '™"» »' any land ..rant, at a tta "subse

«?,h^i! i^P''""?"."' 'U'li grant, thai be d-emed valid, and a compliance

U.e clit'trpren^thTr^^^r^"'""'^"""^ "'''"'«<' *'"'" «"""« '^^^oll^ot

Tennessee & Pacific.—The joint committee appointed by theWilson and Davidson county courts report that the amountclaimed by the State, and for non-payment of which the road is

to be sold, is $158,803, of which $10,760 is payable in cash and therest in State bonds. These can be bought at 42, making theactual amount needed $72,938 27, and, moreover, $9,000 of theState claim is disputed by the company. The company has onhand aboat $10,350 which can be used. The committee recom-mends that the counties raise the balance needed and prevent thesale; if this cannot be done, then they should buy in the roadwhen it is sold. The latter course will probably be adopted.

Union Paciflc.—A bill has been introduced in Congress to pro-vide a plan for the settlement of the debt due to the Governmentby this company, which is much similar in tenor to the proposi-tion of Mr. Huntington, of the Central Pacific. It provides that thecompany shall sell all its lands, west of the 100th meridian, to theGovernmeat, at the fixed jJrice of $2 50 per acre. The companyis also to pay $1,000,000 in cash and such further sums, fromtime to lime, as shall produce, at the maturity of the bonds, a sumsufficient to pay the entire amount of principal and interestwhich will then be due.

Tirginia State Bonds.—The circular of Messrs. Thoma»Brancli & Co., of Richmond, has the following :

The Legislature has adjourned, and no law in any way affectingthe bonds of the State has been passed, if we except a clause inthe tax-bill subjecting the coupons cut from bonds held by anonresident of the State to the same tax as has heretofore beendeducted from coupons held by residents. This tax amounts toone dollar and seventy cents on each coupon of thirty dollars, orfive and two-fifths per cent.—the coupons being received at 94,60per cent, of their par value in payment of taxes. A portion ofthe coupons from non-resident bonds have heretofore been exemptfrom this tax by being accompanied by evidence of owuersbip;but the proportion of this realized by the bondholder has beeiivery small. The profit was made by the dealers. This has beenstopped by the present law, and the quotation of coupons will inconsequence be uniform in the future. They have been in steadydemand during the spring. They will probably advance on thepayment of May licenses.

The few old bonds coming in for funding would indicate asmaller amount outstanding tiian the records of the Treasury De-partment show. We report the figures as follows

:

Consols carrying tax-paying coupons $19,030,000D». registered, couvertible into above i,8ii7,000

„ , , . . ^, ,

'

$80,837,0(101Peelers (coupons not receivable) 3 130 OCOUnfunded—all classes—reduced to peelers .!!!!.'.'.'. 5',93<l',C00'

Total debt, eiclnding about $15,000,000 West Virginia's $89,301,000

The State is still in debt for money borrowed to meet tempo-rary deficiencies in the revenue ; and the payments to the SinkingFund have been suspended, as also the payments of interest ofJuly, 1874, on the non-consol debt. The tax-bill includes someadditional subjects of taxation, which will make a small increasein the revenue, but it is now certain that no cash payments willbe made during the present year on account of interest, exceptthat the small balance due on July, '74, interest may be paid.We have endeavored to explain in these circulars the variou*

issues of State obligations and their relative value. We givequotations of the best known :

Sterling bods (issued before the war) have no market here.Coupens or registered bonds of the ante-war issue, and those of 1866 and 1867,and coupons of aame, whether detached or not. due 01 or before July, 1671,all stand on the same fooling, aad if no interest has been paid en thein.since Jnly, 71, the aggregate of principal and interest to July. 1871 i»worth.

Consol bonds—with tax-receivable coupons—current coupon on. 69(a;»New coasola (peelers), coupons not receivable-coupon of January.1S75, on *;

.40(34*Cerliflcate given for one-third of principal dne by West Virginia"'.'..' 9Certificate given for«ne-third of unpaid interest .'.'.!G®18Past due coupons cut from consols, good for taxes !!.'87(ii88-

—The Auditor calls the attention of collectors, to the recent actwhich requires all coupons received in payment of taxes andother dues to the State to be taxed. The tax upon each coupon,will be as follows : On the $20 coupon, $1 70 ; on the $15 cou-pon, 85 cents; and on the $3 coupons, 17 cents.

We§tern Railroad Tariffs.—A Chicago telegram of April-nth stated that a meeting ol the managers of the various rail-roads operating east of St. Louis was held at the Pacific Hotel,that day, to effect a pool arrangement on all business originatingat St. Louis, somewhat similar to the Eastern railroad combina-tions. It was finally arranged to pool the gross earnings on allcompetition business to and from St. L^uis on the basis of theearnings of the various roads for the years 1873, 1874 and 1875.The roads coticerned in the arrangement are the Ohio & Missis-sippi, Chicago & Alton, Toledo & Wabash, Vandalia, and theIndianapolis & St. Louis. An executive board, composed of J. C.McMuUin, of the Chicago & Alton; J. E. Simpson, of the Van-dalia, and E. Waldron, of the Ohio & Mississippi, was electei,.with power to agree upon a tariff to be observed. The newarrangement was to go into effect immediately.

—A Chicago press despatch, April 19, says of the meeting ofmanagers of trunk lines from that city, that on account of thefailure of the pool lines to adjust amicably their difficulties, andowing to the disputes which arose iu the meeting held here lastweek and that held in New York on Tuesday, the pool has broken.Mr. Joy telegraphed the agent for the Michigan Central to day toprotect the road. The agent did so by taking freight at a reduc-tion of 5 cents for fourth class to New York. The other roadsfollowed, and fourth class freight was taken in some cases as lowas 30 cents, a reduction of 10 cents.

Page 21: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

Ap:il 22, 1876.) TSE chuqniclr 401

®l)« Commercial ^Timcs.

COMMERCIAL EPITOME.Friday Night. April 21, 1878.

Spring (eemn to have opened at last, and trade already receivoB

a coDsiderable impetus by reasoD of the milder weather, Still,

storma and a low temperature are too recent to admit of a full

dovelopment of the eflect that may be expected to follow thechange that h'xa taken place in this respect. The United States

Treasury has be|;un the work of substituting silver coin in place

of fractional currency, which is regarded by many people as along step towards the resumpiiou of specie payments ; and, as

Buch, contributes to the more cheerful feeling which evidentlyprevails.

There has been a declining tendency In most descriptions of

provisions, under the growing conviction that the speculation in

them was at least premature, or from an increase in present orprospective supplies ; but in lard only has the decline been im-portant or the business active, and this staple has recoverediomewhat from the lowest prices. The sales of prime Westernlard on Wednesday and Thursday were reported to the extent of

85,000 tierces, and the lowest prices touched were $13 62^ on thespot, |;13 50 lor May, $13 67^ for June, $13 85 for July and$13 95 for August. The reaction in futures during Thursdaywas fully 15 cente from the above prices. To-day, the sales onthe spot were small at $13 60@13 02*; and for future deliverythe closing bids were $13 50'for May, $13 65 for June, |13 80for July, aud $13 97j for August, showing renewed depression.Mess pork lias sold at $33 75 for June and $33 90 for August,but today sold on the spot at $33 50(333 60, and the closing bidsfor future delivery were. $23 15 for May, $23 40 for June, $32 GOfor July, and $23 75 for August, Bacon and cut meats havebeen quiet. Beef and beef hams are without new feature. Butterbag matBrially declined under increased receipts of new. Cheesehas also been drooping. Tallow has been firmer, and more activeat 9c. for prime. Stearine lower and unsettled.

Rio coffee has been selling slowly, and, with fair receipts,there is an accumulation of stocks, and lower prices ; the stockin the market yesterday was 1S9,200 bags, and the visible supply for the United States 335,400 bags; fair to prime cargoes, 17^@i8fc., gold ; mild csffees unchanged in supply or prices. Ricehas been doing a little better. Foreign fruits less active in thewholesale movement, but prices well maintained. Teas fairlyactive for greens and Japans, but blacks held above views ofbuyers. Molasoes has contiaued to move freely, in view of largeimportations, with prices at and on the basis of 33 cents for 50test Cuba Muscovado, but stocks are still large. Sugars ad-vanced early in the week, but close easier, under a free importa-tion

; fair to prime refining Cuba, 7f@7|c.; standard crushedrefined, lOfc. The movement in raws has been

:

COTTON.Fbidat. p. M., April 21. 1878.

Thk Movement of the Chop, as indicated by our telegramafrom the South to-night, is given below. For the week endingthis evening (April 21) the total receipts have reached 30,930bales, against 41,620 bales last week, 55,804 bales the previooaweek, and 50,012 bales three weeks since, making the total

receipts since the Igt of September, 1875, 3,885,496 bales, againat

3,290,846 bales for the same period of 1874-5, showing an Incrnaa*

since Sept. 1, 1875, of 583,650 bales. The details of the reeeipi*

for this week (as per telegraph) and for the corresponding weeka-of five previous yeai^s are as follows:

Hhds.Receipts past week 21 ,9J 1

Balea past week 15,445Stock April SO 1876 58.4';0Stock April**, 1875 69.5161

Receipts this weeic at— 1876. 1B75. 18 14, 1873, 1872. 187».

New Orleans 11,315

1,548

3,0J9

348

2,C76

3,323

211

4.988

27

393

3,003

109

6,170

1,801

1,728

2,858

2,868

290

2,968

8

8S1

8,047

76

6,381

1.7(6

3,921

8,676

4,115

847

6,292

84

713

4,971

231

18,997

5,490

} 2,6S4

4,0I>

\3,216

6,901

400

4i6

8.761

383

18,976

1,755

2,010

4,686

1,2a

6.782

203

674

3,231

609

23,S1»

Mobile S.08»

Port Royal, 4cSavannah

2,991

7,172

9,145

Tennessee, Ac >,Q9&Florida

Nortli Carolina

176-

65SNorfolk

[ 5,191City Point, &c

Total thlsweek 80,920 23,190 32,937 46,378 38,911 KfiU

Total sinoe Sept. 1,,..1 !' 1 1

3,885,491 8,296.816,'3,545,50S 8,2D'.l,8r« 2,538,175 S,51S.e!«

The exports for the week ending this evening reach a totaj of33,160 bales, of which 20,683 were to Great Britain, 5,661 to

France, and 6,866 to rest of the Continent, while the stocks as.

made up this eveuing are now 565,409 bales. Below are thestocks and exports for the week, and also for the corresponding

week of last season

:

Bags. Melado.8,414 5005,079

159,901 3,641155,798 1,551

Boxes.11.155

9353l!.f>72

41,0 iO

Hides have been in moderate demand only, and prices havedeclined, the market closing weak

;dry Montevideo sold at,18ic,,

fold, 4 months ; do. seconds at 15^c,, gold, 4 months, and Cali-ornia at 18c,, 30 days, gold. Linseed oil has ruled lower and

fairly active at 58@59c. Other oils have been quiet and un-changed. Clover seed is quiet at 16J@17c. Wliiskev nearlynominal at $1 11(31 Hi, tax paid. The market for fish has re-mailed q le jand p S d are unchanged.Kentucky tobacco has been in better demand, and quotations are

firm at 5c. (37^:. for lugs, and 8c.@15e for leaf; the sales for theweek embraced 950 hhds., of which 800 were tor export and 1.50for consumption. Seed leaf has been more active and steady ; theales embrace: Crop of 1871, 20 cases New England at I'Oc

crop of 1873, 75 cases do. at 15Jc., 150 cases New York at 8c.@12c., and 16 cases Ohio on private terms; crop of 1874, 150 casesNew England and 412 cases Pennsvlvauia on privat« terms ; cropof 1874 and 1875, 283 cases Ohio, and crop of 1875, 350 cases Penn-•ylvania, on private terms ; also 200 cases sundry kinds at 7c,@40c, Spanish tobacco has remained steady, with sales 509 balesHavana at 88c,@$l 15,The market for ocean freights has been moderately active on

the whole, though the individual demands for room have con-tinued quite small ; the more reduced offerings of room, how-ever, have led to a steadier tone, which was especially noticeableat the close. Late engagements and charters include : Grain toLiverpool, by steam, 4i@lid. ;

provisions, 20@258. per ton;

cotton, 7-82@id. Grain to London, by steam, 6d. ; do., by sail,6d.

; flour, at Is. lO^d. Grain to Glasgow, by steam, 7d. ; do. toBristol, by sail, 6id. ; do. to Cork for orders, 5s. 4id@5s. 6d. ; do.to the Penarth Roads for orders, at 5s 3id. ; reuned petroleum toVenice or Trieste, 58. 3d. ; crude petroleum from Philadelphia toAntwerp or Bremen, 3s. lOid. : do. from do. to Havre, 4«. To-daythere was only a small business, but rates were generallyconsidered stesdy. Grain to Liverpool, by steam, 4i@4id. ; sugar,SOs. per ton. Grain to London, by steain, 6j-d. ; do. to Bremen,Sid. ; do. to Cork, for orders, 5s. 6d. ; do. to Rotterdam, 58. 9d.Naval stores have been rather dull during the past week, and,

wliile spirits turpentine has been weak and closes lower at 37c. ;

TDsins have remained firm at $1 80ift$l 85 for common to good•trained, due to the concentrated stocks. In petroleum little ornothing has been done, and values have been weak and declining,with the close nominal at 8i@8ic. for crude, in bulk, and 14o. forlenoed, in bb's., for immediate deliveri-s. Ingot copper hapremained steady, with 300,000 lbs. Lake sold at 22i(a22Jc., cash,*nd small lots at 23c.

Week ending

April 21.

Exported to Total Same Stock.

Great

Britain.Prance

Ooii*-i-

ncnt.

thla

week.week1875. 1876. 1873>.

New Orleans'.... 10,46) 5,661 1.885 17,988 22,272 S13,402 139.11»

Mobile .. . 2,222 38.6» 23i»Charleston ••• 8,605 a,aos 8,858 18,680 17,9iS

Savannah 5,062 24,548 34,438

Galvestont 2,-375 ... 782 3,157 3,896 27,792 49,901

New York 4,820 40J 5,220 4,566 191,296 194,620

Norfolk. .... .... 11,066 4,91 Sother portst 2,976 214 3,190 1,295 40,000 45,08£

Total thlsweek.. 50,6-33 5,661 6,86 i 33,160 41,666 565,409 509,C8S

Total since Sept. 1 1,733,687 3h8,816 (i88,l'*4 2,7*',717 2,225,239 .... ...

• Aew Orleans.—OMr telegram to-night from New Orleans shows that (besidesabove exports; the amount of corton on sbtpboard and enjjaged for stilptneut atIhBt port Is as follows ; For Liverpool. 44,000 nales ; for Havre, S2.0 bales ; forContmeDt, 500 bales; for coastwise porta, 1,000 bales; which, if deducted Iromthe stock, would leave 146,1-00 balea representlug the quantity at the landiug and lapresses unsold or aWHitlng orders.t Galveston.—Oar Galvestou teleg'-am shows Cbesld-s above exports) ^n ship-

board a: ih-tt port, not cleared; For Liverpool, 2,W1 bale-*; for other foretsn,3,010 bales; for coastwise pjrts, no bales; which, U aeducted from the stvck.would leave remalulug 21,841 bales.

; The exports this weet under the head of "other ports" Include from Balti-more '214 oales to Bremen ; from Bostnn 2,130 balea to Liverpool; from Phllalel-phlo 133 oa'.es lo Liverpool ; from Wilmington 693 bales to Liverpool.

From the foregoing statement it will be seen that, comparedwith the corresponding week of last, season, there is a decreaia

in the exports this week of 8,506 bales, while the stocks to-night

are 58,336 bales more than they were at this time a year ago.

The following is our usual table showing the movement of cottonat all the ports from Sept. 1 to April 14, the latest mail dates :

BICZIPTS BXPOBTID 8IS0E SEPT, 1 TO—Coast-

PORTS. SISCI SBPT. 1.Great !„

Briuln"^"""Other

forel'nTotal,

wisePorts.

Stock.

1875. 1874. *

N. Orleans. I,813,9a7 942,286 622,227 2!0,669|a38,2« 1111,177 164,349 922,998

Mobile 355,232 310,lOO 121,3391 83,522^ 61,011]809,422 109,548 37,600

Charlesi'a* 392,646 421,575 130,6-39 51.138 72,300 254.137 lC4,2'i9 20,575

Savannah .. 495,987 572,854 164,087 29,953 152,739 341,779 139,349 :2,46»

Gul veston*. 451,917 344.390 180,338 4,111 34,444 218,S93 209,316 3«,»:»

New York.. 183,314 128,975 289,696 1,915 57,262 343,878 188,77 TFlorida 11.912 18,290 ... 11,918 ...

N. Carolina 95,55) 95,621 84,170 8,301 86,471 66,768 2,781

Norfolk'., 462,050 382,051 102,416 1,817 104,238 344,242 15,80i

Other porte 98,989 68,914 74,l',»i 12,980 87,572

1149.738

38,000

Tot. this yr. 8,851.576 1718.054 361,185 631,318|a707,f57 681,CIS

Tot. last yr. 3.274,651 1519,958 »78.'59'3'<4. 756 2183.-173'l167.«64l 588.06r

• Under the head of CTnriMlon Is Included Port Royal, 4o.; under the head ofOxlDsxtonls Included Iadlaoo.a,dbc.; under the head of Iforfolt u locladad aijrPoint, &c.

These mail returns do not correspond precisely with the total of

the telegraphic figures, because in preparing them it is alwaya

necessary to incorporate every correction made at the porta.

Page 22: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

402 THE CHRONICLR [April 22, 1876.

There has been a growing business in cotton on the spot,

fnvored since Monday by improving rates of exchange and

Wronger foreign advices, which have enabled shippers to operate

more freely. Spinners were in want of stock, and the business

4or ppeculation has latterly been of some significance, yet there

was no approach to activity, and prices have been barely sup-

ported. To-day, there was lees doing for export, but a fair busi-

ness for consumption, and quotations unchanged. For future

delivery, on Monday and Wednesday, a considerable advance in

prices took place. Flood accounts from the lower Mississippi

began to be serious, and were employed with considerable vigor

•to revive speculation. But each advauce was followed on the

succeeding day by some decline, so that the actual improvsment

'np to last night was only 3-33@310c. The greatest advance was

in the early months of the next crop, September and October.

'The comparatively small stocks at present in store, together with

the lateness of the planting season, excite some apprehensions of

scarcity at that time. Accounts of slight frost have been received

Jiom South Carolina, and the temperature was quite low for two

or three days of the past week throughout the South. To day,

there was much pressure to sell, under which the spring andsummer months gave way -ifgS-lGc., but the autumn monthswere only l-16c. lower.

The total sales for forward delivery for the week are 135,400

bales, including — free on board. For immediate delivery the

total sales foot up this week 5,109 bales, including 1,2G0 for ex-

port, 2,S30 for consumption, 1,079 for speculation, and in

transit. Of the above, 400 bales were to arrive. The following

were the closing quotations to day

:

New Classification.

Ordinary per lbStrict OrdliiaryGood OrdinaryStrict Uood OrdinaryLow MIddlloi.'Strict Low .MiddlingMIddlInKtSood MlddllnKStrict Oood MiddlingMiddling Fair 7.Fair....?

Uplands.

9 11-16»....10 9 16 *....11 3 16 @...11 15-16^....12 7-16 a....12 15-163....13'4

13X

ISH

a...9...

Alabama.

9 ll-16a....10 9-16 ®...11 8-16 ®....U 15-16*...12 tf-16 a....13 1-16 ®13«l'«

15H

a..

a..

>cwOr.eans.

9 11-16»...10 »-16 ®....11 5-16 ® ...

12 1-16 «...12 ll-16a....13 316 @....13 7-16 ©....14 &...UH «...lix a....15>^ »....

Texas.

9 11-163.,10 1M6 «...

11 5-16 @..12 1-16 ».,12 U-16»..13 3-16 @.13 7-16 @.1-1 @.14« d.11^ ».154 <tt.

-9.°9^.9'^''!'i''^r,-- 9 13-16 I Low Middling UTl,Strict Uood Ordinary lo 15-16

I Middling...... !............ 12 S-UBelow we give the sales ot spot and transit cotton and price of

ffplanditx this market each day of the past«reek :

New^Claaslllcatlon.

•SaturdayMondayTuesday ... .

Wednesday....ThursdayFriday..

Total 1,260

I

Con- Spec- Tran-Eip't, sump, ula'n sit. Total.

81049-

453

r.4390

4S9425

2,8:

274:1

149214529;i7

1,079

141433845

1,0131,43'.

1,-J86

6,169

„ ^. r Good , LowIMld-

Ord'ry ^Ord-ry. MIdl'g. dllng.

9 11-18! 11 3-169 11 li 11 3-:69 11 11 11 8-169 U-ld 11 3-169 11-16 U 8-169 11-16 11 3-6

12 7-16 1 ISMn 7-16 13X12 7-161 13 412 7-16! J3U12 7-16; ISiJ12 7-16 13J4

Delivered on co ntract, during the week, 9W bales.

J'OT forward delivery the sales (including . free on board)have reached during the week 135,400 bales (all middling or onthe basis of middliag), and the following is a statement of thesales and prises

:

For April,

bales. cts-100 B. n. 13 h ..13

lUUs.n.lltli.13 l-3>300 8.n. ISth.iji-silOOs.u.l :th.I3 1-'.6

aOO 13 l-i«400 13 3-32100 13XSX) 13 5-2lOls.n.Sd.IS 3.;6

i,m 13 3-18S0O».n.22d.;2 7- -a

<I,100 13 7-82lOOs.n. 84h 13H<!0Os.n2nh'I3 9-32400 . 13 5-16

8.S00 total April.

For May.

_V00. 13K» 900 13 5-3;i

J.IOO 13 3-16VHXl 13-313,100 isa3,300 13 9-3:1

bales. CIS. I

S.50O a S.U900 13 11.S2

3.200 U%\200. IS 13-32

1

3i,9C0 total May.

For June.200 13 ;i-82

4,500 13V600 13 13-32

5,000 13 7-166tW) 13 15-327.000 13W3.100 13 IJ-MIS.SOO 13 9-1610,SOO 13 19-327.500 13Jt2,100. 13 21-32

6J,S03 total .Jane.

For July.200 13 9-16900 13 19 32

1.700 13%3.200 19 21-32

bales, ct*.l.VO IS ll-K1300 13 23-.32

2.000 13V2,100 13 25-Si6,500 .13 H.161,000 13i7-32300 ISK

20,700 total July.

For August.2.100 ...ISX1.600 13 2.5-32

2.300 1313-16too 13 27-32

1,500 m,'200 13 29-32600 13 15.:6800 13S1-3-;

4.100 u14.0J0 total Aug.

For September.IIO 13 19-32100 13V500 13 27-3*

bales.600

ct«...13«

1,300 total Sept.

For October.1.5|2) 135S700 13 21-?;800 13 11-16300 - 13 23-32

3,400 total Oct.

For November.200 18K600 13 7-16IPC- 13 17-32

900 total Nov.

For December.200400601).

100.

200.

.13 5-16

13J413 7-16

13X13 l7-3i

1.400 total Deo.The following exchanges have been made during the week ;

15 3ic. pd. t** ""'1' » ftrrt "— -— »--'-

Uc. pd. to «)

r KC. pd. to c

L Mc-pd. toe

15 3ic. pd. to cich. l.OCO May lor JulyJ(C. pd. toexcu. 1,000 \ ay for Ju'y.l^- —

< 'ocxch, 1.400 Mav lor July... . — -3eiCh.200May for June.

The following will show spot quotations and the closine pricesbid for futures at the several dates named -.

Fri.OBipot :

tS^.:::::::::: ;

JuneJuly ^Ansnst 7September 3October oNovember HDecember..,, ;

Sales spot :

Sales future...Gold.. :

-Bxeluuia*,, ,.

JtrooUNS OPli.-'nJB—AMEBIOAK OLASSIFIOATIOIf.Sat.18)413 1-11

13 7-3)13 l;-3i13 21-3J13 25-3213 9-l>13 13-321S«lSS-16141

I8,M)0

l!3H«,03X

Mon.I3X13 5-3213 5-!613 9-lli

13 25- 12

13 1>'.6

13 11-16

13%ISH13 13-3243313.700113

Taes.ny,13 :-3313 9-31IS 9-16'13 25- !2

13 29-32l.t 9-16\a%IS 7-l«13 7-;«81!25,7C0113

4.83X

Wed.

13 9-32li IKJ!13 l!W2IS 13-16IS 31-3J13 27-3213 11-1613 17-2213 17-32I.in 3

3i,7HB

I13X«.e5x

Thurs,ia'413 3-161SS»I3V13 23-3213 27-32ISV13 11-1J13 I3-3J13 19-^21,4M2;i,100

113

«.S3!t

Frt,M<13X13 5-3213 13-3213 19-3211 23-32

13H13 17-32

13 5-1613 --16

1.2^6

34.309ii2;<;

Tbb VrsiBLE Supply op Cotton, as made up by cable andtelegraph, is as follows. Tlie continental stocks are the figures

of last Saturday, but the totals for Qreat Britain and the afloat

for the Continent are this week's returns, and consequently

brought down to Thurwday t vening; hence, to make the totals the

complete figures for to night (Apr. 31), we add the item of exports

from the United States, including in it the exports of Friday

only

:

1878. 1875. 1874. 1873.

Stock at Liverpool 1,005.000 888.000 787.000 692,000

Stock at London _ 69,008 103,253 lliJ.OCO 170.00 J

Total Great Britain stock l,Ot;4,0C0

Stock at Havre 182,730

Stock at Marseilles 5.750

Stock at Barcelona 83.500

Stock at Hambarg 18.750

Stock at Bremen 46,450

Stock at Amsterdam 57,500

Stock at Rotterdam 1K.500

Stock at Antwerp 13,75D

Stock at other continental ports,.

Total continental ports 439.750

Total European stocks 1,493,750

India cotton afloat for Europe.. .. S18.090

American cotton afloat for Europe 515,000

Egypt, Brazil, &c.,afloat for E'rope 48.000

Stock in United States ports 565,4J9

Stock in V. S. interior ports 73,612

United States exports to-day 6.500

Total visible supply. . . .bales.a,918,171 2,660,576 2,990,6?4 2,816,670

Of the above, the totals of American and other descriptions are as follows

Anutican—Liverpool stock 601,000

Continental stocks 28:,000

American afloat to Europe 615,000

United States stock 565 409

United States interior stocka 73,512

United States expoi ts to-da; 6.500

Total American bales.2,017,4n

East Indian, BrazU, dtc—Liverpool stock 405,000

London stock 59,CO0

Ctontlnental stocks 1 1-2,750

India afloat for Europe 21li.000

Egypt, Brazil, &c., afloat 48,000

Total East India, &c 8T0,7.J0

Total American 2,047,421

91)1,-M0 919,030 862,000

116,500 142,500 159,000

8,500 1-2.000 15,0C0

70,250 74,500 73,OC0

11,000 21,000 37,0C0

40.330 3--,750 66,000

40,500 71,503 77,000

11,000 31.030 27,000

5,25-) 18,5C0 27,000

11,000 41,000 74,nco

320,250 430,730 515,000

1,311.503 1..399,750 1,407,000

42S.OO0 419,000 391.608

45?. 000 5t!,000 390,000

70.000 80,000 93.000

509, 1-83 466,318 459,664

70,9.« 73,536 83,898

7,000 10,000 10,000

517,000 449,000 313,00

16-,000 55C.0OO 205,000

4."J3,0OO 612,000 3 10,000

509,033 466,318 439.661

70,993 73,566 83 398

7,000 10,300

1,796,831

10,000

1.729.076 1,441,06

S

37:.000 ass.ooo 379.000

103.-250 162,000 170,0C0

153.253 194.750 .340.000

433.000 419.000 331,603

76,000 80,000 95,000

I.131,5C0 1,193,730 1,375.608

1,729,076 1,796,884 1,441,062

Totalvlalble supply. ...bales. 2,9:8,171 2,860.576 2,99C*634 2,816,670

Price Middling Uplands, Liverp'l. 6?id. 7;i38J. 9Kd, 9>j'd.

These figures indicate an increase in the cotton in sight to-night

of 57,595 bales as compared with the same date of 1875, a

decrease of 73,483 bales as compared with the corresponding

date of 1874, and an increase of 101,531 bales as compared

with 1873.

At the Interiok Ports the movement—that is the receipts

and shipments for the week and stock to-night, and for the

corresponding week of 1875—is set out in detail in the following

statement:

Augusta, GaColumbus, GaSlacon. GaMontgomery, Ala .

.

Selma, AUMemphis, TeunNashville, Tenn...

Total, old ports

Dallas, TexasJeft'erson, Texas . .

.

Shreveport. LaVickab'g, MissCol umbus, Mies , : .

.

Eufaula. Ala. (i<l.).

Griffln, GaAtlanta. GaRome, GaCharlotte, N. C, . .

.

St. Louis, MoCincinnati, O

Total, new ports

Total, all

Week ending Apr. 21, 1876.

Receipts. Shipments- Stock. Receipts. I Shipments. Stock,

7722642303523il

3,10-!

276

5,3-23

223802

1,0842,083

1832ro39

22334\4.V)

2,1834,C04

11,600

16 ft-I3

1,15345172106890

5,172676

8.5627.205

3,3508,0733,-252

43 2672,802

73,512

8463,9263,3814,2071,160

1,750479

2,796614662

12.14*

19,864

11.272 53,784

9,071

193344Wl

1,41919131326

556372485

3,5(7

3,187

20.313 1127.296

Week ending April 23, 1876.

5:0376102383622

1,755496

4,204

371207158422717435

605180200

1.269

2,461

6,*63

1,254234778200

1,»94

4,760296

9,016

28253983991718

8!974980253

*1532,9223,238

11,032

20,048

9,0J0

6,013

5.185

2,638

3,143

33,417

11,589

70,993

339

1.201

2,513

1,793

490

932

4)2

i,wr6)6

2.S24

15.032

12,610

40,3J9

ll>,32i

* 1,500 bales reported burned.

The above totals show that the old interior stocks havedecreased during the week 44J38 bales, and are to-night 2,519

bales more than at the same period last year. The receipts at

same towns have been 1,119 bales more than the same week last

year.

Page 23: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

April 22, 1876.] THE CHUONi- I.E 403

y-Bblpmenti since Jsn. l-^Grfftt Ccn*Britain, tinent. Total.ilifiX) 150 0)0 38J.0OO

ais.ooo l!«S,0O0 MO.OOO340,000 IWl.UOO Ml.bOO

,—Receipt!.

ThU Blno*week. Jan, 1.

eo.eoo B2i,ooo65,000 781,000ti2,000 752,000

BOMBAT 8HIPMKJTTB.—According to our cable despatch received

to-day, there have been 19.00(1 bales shipped from Bombay to Great

Britain the past week, and 13,000 bales to the Continent ;while

the receipts at Bombay darine this week have been 50,000 bales.

The movement since the 1st of lanuary is as follows. These are

the figures of W. Nlcol & Co., of Bombay, and are broaKbt

down to Thursday, April 20^fihlpmenta tble weelc-«Great Con.Britain, tinent. Total.

isrs m.ooo is.ooo 37,ooo

1S75 3H00O 87,000 73,000

1874 60^000 36,000 ROOOFrom the foregoing it would appear that, compared with last

year, there is a decrease of 36,000 bales this year in the week's

shipments from Bombay to Europe, and that the total movementsince January 1 shows a decrease in shipments of 278,000 bales

compared witn the corresponding period of 1875.

\VBATHER Reports bt TELKORArH.—There baa been a

very decided improvement in the weather the past week in the

Southwestern and Gulf States—that is in Arkansas, Texas,

liOuisiana, Mississippi and most of Alabama—so that in those sec-

tions there has been good progress made in planting. Work,however, in all that district is backward on account of the cold

and rain, but seasonable weather now would be very beneficial_

In the Atlantic States there has also been less rain than dar-

ing previous weeks, but generally the weather has been cold and

backward.

Oalveiton. Texai.—The weather this week has been warm and

dry, and favorable for farm work. After great delay, therefore,

planting is now making good progress. Average thermometer

this week has been 67 ; highest 78, and lowest 55.

Indianola, Texas.—There has been no rain here during the

week. Planting is now progressing well. The thermometer has

averaged 67, ranging from 54 to 79.

Corsieana, Texas.—There has been no rain here this week, andt lie weather has been favorable for planting purposes, which is

proceeding actively. Average thermometer, 04 ; highest, 88, andlowest 41.

Dallas, Texas.—The weather here has been warm and dry, andfarming operations have thereby been stimulated. The ther.

niometer has averaged 78, ranging from 45 to 88. The grain

prospect is excellent. There will be a moderate fruit crop, as all

^^H3 not killed by frost.

iView Orleans, Louisiana.—There waa rain here on one day this

ivoek, the rainfall reaching ninety hundredths of an inch. The! 'aermometer has averaged 63.

Shreveport, Louisiana.—The weather here during the week has

lieen clear and warm. There has been no rainfall. The ther-

mometer has averaged 66, the highest being 87 and the lowest 54.

Viekiburg, Mississippi.—There has been no rain here this week.

'Ihe thermometer has ranged from 47 to 79, averaging 63.

I'lanting is now much behind last year. We have an increase of

labor from Georgia and Alabama.

Columbus, Mississippi.—The days of the week have been

warm, but the nights cold, and on two nights there were frosts,

though not killing frosts. Planting is progressing, although

very backward. Average thermometer 57, highest 68 and lowest

17.

Little Rock, Arkansas.—We have had a week of delightful

weather. There have been no clouds or rain, and the farmers are

viry busy planting. Average thermometer 62, highest 80 andlowest 41.

Nashville, Tennessee.—We have had two rainy days this week'

the rainfall reaching ninety-six hundredths of an inch, but the

rest of the week has been pleasant. The thermometer has averaged")7, ranging from 47 to 67.

Memphis, Tennessee.—No telegram received.

Mobile, Alabama.—It rained one day this week severely, but

the balance of the week has been pleasant. Crop accounts ar<*

more favorable, but operations are backward. Total rainfall this

week, one inch and sixty-one hundredths. Average theruometeiri>, highest 78 and lowest 48.

Montgomery, Alabama.—There has been one rainy day this

week, the rainfall reaching seventy-one hundredths of an inch.

The days have been warm and the nights cold. Snow fell this

week, but as the week closes there is a favorable change in the

weather. We had a frost one night, but not a killing frost. Thethermometer has averaged 61, ranging from 45 to 60.

iSelma, Alabama.—There has been one rainy day here this

week, the rainfall reaching ninety hundredths of an inch. Therest of the week has been pleasant. The thermometer has

iveraged 59.

Madison. Florida.—We have had no rainfall this vreek. Thehermometer has averaged 01, the highest being 78 and thelowest 54.

MoMn, Georgia.—We have had no rain this week, and tba

weather has been very favorable for planting. Average ther-

mometer, 60 ; highest 87, and lowest 89.

Atlanta, Qeorgia.—The weather during the week has been

cold and dry, and so unfavorable that much seed planted Uaa

failed to come up. There were showers on two days, the raiofaU

reaching fifty-six hundredths of an inch. The average ther-

mometer is 57, the highest 74 and the lowest 44.

Columbus, Qeorgia.—There has been one rainy day here thl».

week, the rainfall reaching forty hundredths of an inch. W»-

have Inid two frosts, neither of which, however, was a killing

frost. Planting is very backward. Average thermometer 59,.

highest 70 and lowest 44.

Saiiannah, Qeorgia.—Kain fell on two days this week, the re-

maining five days being pleasant bat cool. Average thermome-

ter 64, highest 80 and lowest 46. Total rainfall sixty-three

hundradths of an inch.

Augusta, Qeorgia.—There has been one rainy day this week

,

the remaining six days being pleasant. The average ther-

mometer is 61, the highest 81, and the lowest 42. The rainfall is

sixty.one hundredths of an inch.

Charleston, South Carolina.—Telegram not received.

The following statement we have also received by telegraph

showing t^e height of the rivers at the points named at 3 o'clock

April 20. We give last year's figures (April 23, 1875) for oobIc-

parison,,-April SO. '7$-, r-Aprll M, "TS.—,Feet. loch. Feeu larh.

.

New Orleans.. Below high-water mark 8 9 4 6Memphlt Above low-water mark S3 10 St

Nashville. ... .Above low-wtttir mark 11 8 <Sbreveport. ...Above low-W*tcr mark SO 2 Mltflng.

VlckebnrK.... Above low-water mark 43 5 43

New Orleans reported below high-water mark of 1871 until

Sept. 9, 1874, when the zero of gauge was changed to high-water

mark of April 15 and 18, 1874, which is 6-lOths of a foot alraT*..

1871, or 16 feet above low-water mark at that point.

Exports of Cotton Goods.—The Bureau of Statistics furnishes -

us with the following statement, showing the exports of cotton

goods from the United States daring tue eight months ended'

February 29, 1876

:

206.1805,155

2-^,31 S

. Colered.Exported to Yards. Value.

Arf^entlne Republic tBeielumBrazil l,714,71fi

Ceniral Amer. Slates.. 49,535

Chili :WO,*jl

China194,894 ;7,0(il

Ot. Britain— Enclasdand Scotland 411,041 31,434

Dominion of Canada,includ'cNewfoniidl'd 107.S20 1-1.I17

British West Indies.... 9!1,SW li,l58

British Eaat Indies, iu-

clndicz Honjr KonsBritish Possetiiioui inAfrica 10S.772 8,152

Hayii 570,54i 95,857

Mexico T87,7ul 69,822

NetherlandsVern S41,7« 35,513

Portnsaeie Possesaiona—Azores, Madeira, Jtc. 16.H01 1,019

San Doming* 84,069 13,058

Sandwich Islandi 42,1(49 4,875

Spanish PusscMlcne,Cuba 4,062 885

Turkey in Asia .VJ8,356 34,5)8

r. S. «f Columbia 216.163 18,916

Venezuela 199,4J5 1S,517

All other cities in Afri-ca, not speciHel

Other countries, notspecified 82,335 9.044

Total 5,552,196 $616,532

-Uncolored.-Yards.134,420

1,514,160.35.(6 i

3,591.9794,451,896

45,m

Value.$27,631

172i7523,554

35!).J»il

429,137l!,Si07

10,713,651 1,009,428

626,905584,060

817,383

205.625(.07,250

1,548,.194

135,74*96,ti41

2^9,52581,11434,494

£0,169552,213:03,912611,194

8,800,504

820,415

3].9i6,443

9t,279

68,7SS

78,88

;

35,49395.27)150.0 219,0(1(1

10,5^3

5S,<in9

11,2.39

8,175

13.494S4.9I32-,990

65,657

476,860

42,957

$).23S.931

Notsut. d.Value.$8,71416,90810,4(il

6,238£.02

1

4,1496.724

5I,4S»

S38,9«l4,767

97

2,94 <

l,i<88

13,100-

1,333

301321

13,liti7

18,2»050

8,8085,528-

39,9tS

$W.3,(it6

5,522.196 yarits, co'ored. value $616,53)33,9jti.4'IO yards, nocoloied, \alue 8,2.')?,931

Acgresate £8.143(36 $4,42;i,0S

Gunny Bags, BAoatNG, &c.—Bagging has continued in the

same quiec stale noted in our last, and we do i>oi hear of anytransactions of moment. Holders are quoting 12Jc.@13fc.,though these figures are nominal. Bales rule dull and easy in

price at 9c.(g9Jc. for India and 13c. asked for Borneo. Bags are

quiet and unchanged, 4408 being quoted at 13c. Butts have sold

in small lots for spot parcels, and we hear of 500 bales in Bos-

ton at 3c. cash, and about 600 bales here at 2|c.(S3ic. cash andlime. Lots to arrive are quiet, and we hear of no sales. Prices

at the close are quoted at 3c.@3^c., cash and time, asked.

Liverpool,, April 21.-3:00 P. M.—Bt Cable from LrvKR-1P0>1..— Estimated sales of the day were 10.000 bales, of which2,'.I00 bales were for export and speculation. Of to-day's sale*

6,900 bales were American. The weekly movement ii given as.

toUows

:

Mch. 21. April 7.

Sales of the week bales. 53,000 36,000

forwarded 9,000 8.000

SalcB American 99,000 22,000

of which exportere took. 8.000 4,0U0

of which speeaiators took N>i0 2,000

Total stock.... 75.3;;^ 853.000

of which American 421,000 604.000

April 13.

Mi dajs.33,00016.00021,0004.0302.000

92«,000637,000

April 21.

33.00011,000a5,oon4,0003.000

1.005,0006U00,0U^.

Page 24: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

404 THE CHUONIC!LR April 22, 1876

Hcb. 21. April 7,

Total Import of tie week 27,000 147,000

of which American 9,000 109,000

Aetualexpart .. 4,000 7,000

Amoaniaaoat BOJ.OOO 44!<,000

of which American 3T4,0CO SiO.OOO

Ttw foUowlait table wUl show the dally closing prices of cotton for the week

:

April 13.

Six dais.9^,00062.0005,000

390.000288.000

April 21.

132,000100,000

4,000365.000215,000

Thnrs. Fn.Bpol. Batnr. Hon. Taes. Wednes.

acid. Opl'ds. p„,„ Holidavs. ••®*^ "t*!^

tHttura.•Satdbdat.—Eaitor holiday.MoKDAT.— Easter hiliday. , „,^ , ._,..TuMDAT.—Juui-July lie ivery, TJplaads, Low Mid. clanse, 6 7-Hd.

July Aug. deliverv. Uplands, Low Mid. clanse, 6>fd.

March ehiijmeul, L'liiands. Low Mid clanje, hy sail 6Jid.

April-May delivery, Uplands, Low Mid. clanse, 6 9-32d.

July-Aug. deliviry, Uplalld^ Low Mid. claa'c, « [email protected].—May-June delivery. Uplands, Low Mid. clause, 6 ll-32d.

June-July delivery. Upland?, Low Mid. clause, 6 7-18d.

Jaly-^ug. dellverj-. Uplands. Low Mid. clause, »Xd.May-June delivery. Uplands, Low Mid. clause, 6?id.

June July delivery. Uplands, Lew .Mid. clause, 8 15-32a.

Jnly-Aug. deliv<'ry. Uplands, Low Mid. clause, 6 17-3M.

T*CB«DAT.--JulvAug. dslivery. Uplands, Low Mid. clause. 6 9-16d.

March-April shipments. Uplands, Low Mid. clanse, by sail, 6 7-16d.

April-May delivery, Uplands, Low Mid. clause, 6)id.

Jone-Julv delivery. Uplands, Low Mid. clause, 6Xd.April-May delivery. Uplands, Low Mid. clause, li ll-32d.

May-June d'^llvery, Unlands, Low Mid. clause, 6 13-3-'®6Jid.

Juuc-July delivery. Uplands, Low Mid. clause, 6 15-39d

Fbioat.—March shipments. Uplands, L iw Mid. clause, by sail, t 7-I6d.

Jnne-.luly delivery, Uplands. Lew Mid. clause, 6 7-I6a.

J.«ly-Aug delivery, Uplands, Low Mid. clause, S 17-32d.

A»ril-May delivery. Uplands, Low Mid. clause, 6 5-16d.

May-June delivery, Uplands, Low Mid. claufC, 6}ii.

May-Jnn» deliverv, Up'ands, Low Mid. clause, 6 U-32d.Joly-.lug. delivery. Uplands, Low Mid. clause, G^d.

Weeklt Receipts of Cotton.—Below we give a table

gUowing the receipts of cotton each week at all the ports of the

United States for several seasons, indicating, also, the total

crup each year. Our figures are given in thousands of bales.

Date.

Sept. 3..

" 10..

" 17..

" 24..

1..

8..

IS..

22..

29..

6..

12 .

19..

26..

Oct.

CToT.

Dae.

1875-78. 1874-75.|1873-74. 1872-73-

«aa.

reb.

10....

17....

24

31

.7

14

21

28

4

" 11

" 18«• 25

arch 3" JO" (7..

" 24

" 81

April 7" 14

" 21

" 28

B

12

19

May

Jane 3....

9...

V O

4

19

37

47—107

80

103

138

147

171—639

175

150

186

183-694

163

173

194

197

187-909

138

162

142

152-594

131

119

111

110—471

86

78

65

63

60—352

56

42

31

» a

M -a

16..

23..

•>«ir

Aog.

SO

7

14

21

28

4....

" 11....,** 18" 31

Corrections*.

Total at p*rt8

OverlandCoiu'm'd South

Total crop.

.

15

28

46-9559

97

121

128

150—555

143

160

153

166-627

176

181

188

165

147-857

82

96

102

116—396

108

101

1

78—387

77

63

52

48

39—279

41

38

22

22-123

22

20

19

18-7912

14

13

10

6—557

4

8

8- 17

2

^ a

9

13

24

41- 8-

53

46

79

101

108-387

128

124

134

124-510

170

173

196

215

176—980

142

154

159

171-626

146

131

116

106-499

95

82

67

64

60-568

50

40

32

30— 15-2

24

22—9517

18

13

13

12—689

10

6

5— 30

S

4

6

7—2230

1871-72.1 187U-71.

fe: »

3,497

205

131

8.893

14

80

51

64—16974

87

98

113

120—492

134

111

119

134—498

134

126

125

103

106—598

133

136

136

115—520

126

122

109

105—462

82

83

74

56

43-843

49

56

43

48-199

44

41

84

81-160

25

18

20

18

»-90IS

14

13

13— J5

11

11

11

10-4347

3,804

238

129

4.171

^ a

1

9

12

20—4284

46

64

83

94—821

97

105

101

105-408

122

106

121

130

127—606

111

95

119

121—446

93

86

89

77-345

74

50

50

40

41—256:

.37

36

39

27-189

20

18

18

13—6714

12

18

10

7—565

4

3

S— 15

3

3

8

12-2012

3,651

141

133

3.9.30

3,732

122

120

2.974

Thb Exports of Cotton from New York, this week, show a

decrease, as compared with last week, the total reaching 5,220

bales, against 7,376 bales last week. Below we give our usual

table showing the exports of cotton from New York, and theirj

direction, for each of the last four weeks; also the total exports!

and direction since Sept. 1, 1875; and in the last column the totall

for the same period of the previous year.

Bxporta of Cottoa(balea) n-om New York Inee Sept.l , 1 8TI

5

11

18

38-7255

69

76

82

85—367

107

132

122

119-450

141

153

156

130

125—705

110

132

147

161—570

155

161

142

137—595

187

137

103

82

72—521

70

65

63

57-2J5

53

48

46

42—189

87

28

24

24

19-182

19

16

11

11-5711

10

8

15-4445

4,032

229

91

TBBK BHSnCSToUlto

date.

Samelperiod!

March39.

April5.

7,542

April12.

April19.

prev'iuyear.

Llvemool 5,218 6,786 4,820 292,8721,644

247,08S

other British Porte ....

Total to Gt. Britain 5,318 7,542 6,786 4,820 394,516

1,915

247,085

4,93*

Other French porta ....

lotal Frencb

Bremen and Hanover 796

iji

16 350

240

590

400

1,915

22,0878,374

26,780

4,938

16,70616,4042,453

Total to N. Europe.

8pain,Oporto4QlbralUr&c4J1 others

946 15 400 57,241

12

4C9

35,562

1060

Total Spain, See .... .... 421 60

Grand Total 6,161 7,5.57 7,376 5.2-20 354,^93 257,6.39

The following are tlie receipts of cotton at New York, Boston,

Philadelphia and Baltimore for the last week, and since Sept. 1, '75:

mtW TOBK. jBOBTOK. FHILADZLP'IA BALTIHOHI.

Thisweek.

SinceSept. 1-

\

This1week.

SinceSept.1.

Thisweek.

°89'2

SinceSeptl.

422

14;276

Thisweek.

'J64

'sii

445

'lis

SinceSeptl

New Orleans..Texas

3,2.56

1.600

1,247

"81,804

1,431

S,t21101

2,448

t61

187,96-2

65,6482,141 16,986

7,57724,9122,303

l',776

57;8i966,691

59,5174

SavannahMobileFloridaS'th CarolinaS'th Carolina.VirginiaSorth'm PortsTennessee, *cForeign

Total this year

ToUl last year

7.1.391

3.1607.196

86,83547.404

173,211

8,678185,792

2,749

783,026

700,279

502

;i ::::

1 ?;i?t

11,483

|:....

15,928

9.67220,69051,669

655,647

15,075

9.204

^, 7,654 237,585 893 45,013 1,035 103,571

'! 8,399 264,311 954 1 57,4-1 2,004 107,410

4.S52

• Mad* np on caont of stocks, Ac,

Shipping News.—The exports of cotton from the United

States the past week, as per latest mail returns, have reached

47,951 bales. So far as the Southern ports are concerned, these

are the same exports reported by telegraph, and published in

The Chronicle last Friday. With regard to New York, weinclude the manifests of all vessels cleared up to Wednesdaynight of this week. ^otal bales.

Niw YoBK—To Liverpool, per steamers Germanic, 1,783..- Helvetia,

554. ...Bothnia, 666. ...Idaho, l,013....per shli Strathearn, 801.... 4,S20

To Bremen, per steamer Oder, -JOO 4O0

New Orleans—To Liverpool, per steamer St. Louis. 3,762 per shipsPega-as. 3.779. ...Sam Skolfleld, 6,073. ..Bertha, 2,576 ...per

barklbis,474 15.633

To Havre, per ships Westfleld. 3,453... Erama, 5,881 , 6,314

Mobile—To Liveipool, per ships Empire of Peace, 4,503 George Sari-burt,3,.5a3 8,025

Savannah—To Liverpool, per ship Andrew Jackson, 3,818 Upland.. .. 3,818

T»XAS—To Liverpool, per steamers San Antonio, 7 Sea Island SanJacinto, 609, and 8 Sea Island 6-24

To Cork, fo"* orders, per schooner Lnola Murchison, 1 ,325 1,825

WiLMiNOTON—To Liverpool, per briar Elgia, 700 700

Norfolk—To Liverpool, per baric Reynard. 3,315 3,315

Baltimore—T» Liverpool, per steamer Austrian, 664 and 134 bags 688

BssTON—To Liverpool, per steamers Dominion, 1,OSS. . Siberia, 9-11.. . 2,029

Philadelphia—To Liverpool, per steamers Pennsylvania, 187 Cityof Limerick, 123 310

Total 47.951

The particulars of these shipments, arranged in our usual form,

are as follows

:

Liverpool. Cork. Havre.New York 4,820

NewOrleans... 16,683 .... 6,314

Mobile... 8,0-25

Savannah 8,818 .... ....

Texas 524 1,835Wilmington 700 .... .. .

Norfolk ". 8,315

Baltimore 688Boston 3,029

Philadelphia 810

Tout 39,9;2 1,326 6,314 400

Below we give all news received to date of diaasters, &c., to

veseels carrying cotton from TJaited States ports :

Ja»es Duncan, ship (Br.), at Liverpool, April 8, from Charlestan, had fore-

topmtst carried away during a severe ga'.o, March 16, in lat. 46 N., Ion.39 W.

Sultana, ship (Br.'', Telfer, from Galveston for Liverpool, put Into Queens-town, April 7, leaky.

Turkestan, ship (Br.), from New Yor*, ashore at Port Madoc. had dischargedall her cargo March 31. The diver had been able to materially lessenthe flow of water through the large fracture In the lee bil/e, which wasfrom ?5 to 40 feet i» length. A second steam pump had been sent downto pump up the sand atid empty the dock round the vessel.

Nanct Holt, bark (Br.), from Wilmington. N. C, at Liverpool April 4, hadI been dam-iged by collision with the Eagle, from St. Michaels, oft' Point Lyuas, at midnight, April 3.

emon. Total.400 5.220

21,M9J8,0253,8181,849700

3,S1Bm3,029310

47,951

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April 22, 1S76.] TtfE CHRONICLE/ 405^

VANonARD, bark, Michel, from Neir Orleans for Falmoulb, Eng., before re-

ported at Key Wesr. leakv, was undergoing bliybt repairi April 10, andwonld t&l£e on board a sluum pnup and proceed on her voyaKu. bbewat to be reaily to proceed about ttie last of the week or the IliBt of theweek following.

Cotton freights the past week have beeo as follows

:

,-^—Liverpool. , .—Havre.—.

.

Bremen ,/—Hambarg.-.Steam. Sail. Steam. Sail. Steam. Sail. Steam. Sail

d. d. c. c. c. c. c. c.

Batnrrtay @J< i^&ft-Zi Jfcemp. )(cnmp. Jicomp.Monday &ii H^^-i't ^comp. \nomp. .. ;icamp.Tuesday a^ J4®9-3J Jfcomp. ^comp. .. ^comp.Wednesday ..wi X&V-i'l Xcomp. .. I^comi). .. 'icamp,Thursday.. 7-3}&i( ..al-tS Jicomp. .. J^comp. .. Jjcomp.Friday 7-L"2j5)a' ..®T-aj \c*mp. \comp. J<comp.

EOKOPBAN Cotton MA.KKBTa.—In reference to these marketsoar correspondent in London, writing under the date of April

8, 187G. states

:

iiiVKUPoOL, April 6.—The following are the prices of Ameri-can cotton compared with those of last year:

.—Same date 1S*6.—

^

^-Ord.* Mid-. ^Fr.* G.Fr.-. -G.& Fine—

.

Mid. Fair. Oooti.Sea Inland. 16 18 19 M Si 30 18 iO 33Florida do. M 15K 17 18 19 SI 16 18 SO

Ord. Q.O. L.M. Mid. U.M. Mid.F. Mid. (4.M. M.K.Opland BJ< 5Jf 6)i 6 7-16 7 ?« 8 6S< 8 7-18Mobile. ...iii S% b« 6 7-lii 7 7« 8 1-li 8 5-l« 8 T-IBTexas bH f,% gJi 6 9-lti 7ii iy, 8 1-18 85-168)^S. Orleans.5K 6 6 5-18 6 11-16 1}^ 8 8 S-16 S« I

Since the commencement of the year the transactions onspitcalation and for export have been :

r-Aetnal eip.'from Aetna)Liv., Hnll & other ezp'tfram

>-Taken on spec, to thli date-< outports to date—

.

U.K. in1876. 1875. 1874. 1876. 1875. 1875.

bales. bales. bales. bales. bales. balef.American 61.420 115,440 50,730 au,470 20,2.'l 146,060Brazilian 550 2,760 3,<I10 597 4,87J SS.innByyptlan. &c. 10,820 5,!70 6,030 l.ni 841 9,050W. India, &c. 40O 1.230 660 2,078 4,914 S6,7tOB. India, ic. 17,:30 40,120 22,340 57,444 62,iC0 497,130

Total 90,340 161,720 8J,6rO 8! ,857 9J,848 706,210

The following statement shows the sales and imports ofcotton tor the week and year, and also the stocks on hand onThursday evening last :

BALZS, ITC, or ALL DZSOBIFTIONS.

f—^-8ales this week. , Total Sane AverageEx- Specula- this period weeklyaale*.

Trade, port tlon. Total. year. 1875. 1876. 13:6.Aiue.tcan.. bales 85.550 1,100 960 22.0W 4!i3,-.50 67,-',84fl 42,550 38,.'590

Brazilian 2,310 a,3(0 4S.250 171.370 3,b50 15,960Bgyptian 2,910 30 2S0 3,360 TS.IJO 91,890 6.970 e.llOBmyrua & Greek \ .,„ „„ j SO 640 070 1 „.„ , i^.Wc?t, Indian....) "" ^'' • •) 4»0 14.670 33,110 f

^'^ ''**"

Eaatludian 5,680 2,71)0 110 8,150 198,950 295.430 8,970 12,770

Total... 38,950 8,910 1,650 38,330 S3J,110 1,271,610 62,990 75,350

. Imports. , , Stocks.,

To this To this SameThU date date This date Dec. 31,week. 1876. 1875. day. 1875. 1875.

American bale8.109,4I9 832,764 818,U2 50.'i,l90 632,600 2(«,720Brazilian 9,896 llll,8i5 138,761 124.300 68,360 64,"30Egyptian 10,760 164,864 122,842 141,730 109.640 86,000Smyrna and Greek .i83 1,253 890 1,120 1 „ „,„Westlndiaa 458 :i,'J67 16,428 7,180 9,540 f

"''""

Eastlndian 16,837 86,'ill 188,230 74,950 76,700 171,070

Total 146,760 1,196,954 1,285,656 653,190 893,260 616,770

BRE ADSTUPFS.Fkidat. p. M., April 21, 1876

The market in flour has been active the past week, and prices

have had a downward tendency. Yet, no considerable decline

can be quoted. At a slight concession, shipping extras werereadily placed. The most conspicuous weakness has been in

medium Western extras, some of wbich have been closed out at

prices of shipping brands. The choice high grades continue in

but limited supply, and have ruled firm. There is, however, nodisposition on the part of any class of buyers to purchase beyondimmediate wants. Receipts have everywhere been light, andproduction appears to be small, but there is a disposition to

realize. Kye flour and corn meal have ruled rather easier. To-day, the market was dull and heavy.

The wheat market opened the week with a considerable showof firmness, owing to the warlike rumors from Europe, the lowerocean freights, and the bad weather in England ani in the north-western section of the United States. But belligerent reports

died out, the weather improved, and ocean freights began to

advance; holders, at the same time, began to show increased

anxiety to eflfect a reduction of supplies, by realizing on lots in

store, current receipts became more liberal, and a marked reduc-tion in railway freights threatened to precipitate large quantities

upon our market from the West in advance of the re-opening of

inland navigation. The better grades of reds began, conse-quently, to decline, but the lower grades of reds, with the stockreduced by recent free sales, brought full prices. To day, tbemarket was dull, with a partial decline in prices.

Indian corn has been in rather better supply on the spot, andprices have given way, under a disposition to take advantage of theBituation, and close out lots in store. For future delivery there

has been more steadiness, with sales of prime mixed at 68c. for

April and Goc. for Mar, but latterly bare giren way a iractloa

under the great reduction that has been made in rail freight»

from the West. To-day, the market was unsettled on the spot,,

and mixed sold at QT^c.for April and 64c. for May.Rye has been lers active, and, with the falling off In the de>

mand, prices hare not been fully maintained. Canada peas hare

-

been sold for arriral in May at f1 02, in bond. Barley and bar-

ley malt have been more steady, but quiet.

Oats have been moderately active, with prices showing a gllglit •

upward tendency, especially for choica qualities of State. To-day, Western were lower and more active. The Erie Canal will,.

it is of&cially announced, be re-opened for navigation on tbe 4thi<

of May.

The following are closing quotationa

:

Flour. i Orair.No. » « bbl, J8 saa S 70 Wheat-No.3spring,bnsh.|l 14A 1 JTSuperHne State & Weei- ' Wo.ispring 1 22a 1 ITem 4 20a4 60| No. 1 string ! 8»3Extra State, Ac 5 lOa 5 25Western Spring Wheatextras S 00® 5 30doZXandXXX 6 40^7 00do winter X and XX.. 6 09^ 9 00

UcBOund winter extras.. 4 2.5® 6 75Ci'.y shipping extras.. .. 5 254(15 85City trade and familybrands 6 602 8 50

Southern bakers* and fa'

1 spr:

WesRed Western 1 1

Amber do 1

White 1 401Corn-Wesfn mix'd,newTellow Western, new.Southern lew

RyeUats—MixedWhite

Barley—Canada West...milyorands 7 00® 9 00 I State, 2-rowed...

Southern shipp'g extras. . 6 50® 6 60 | State. 4-rowed ...Rye flonr, snuerfine 4 Wii^ 5 _.

Cornmeal—Western, 4c. 2 W^ 3 il<\

Corn meal—Br'wine. 4c. 2 6uQ 2 701

Barluv Ma:t—State . ... WcK \ 10Canadian 1 IC® 1 ao

Peas—Canada.bond4free 1 Oia, 1 St

BXI-ORTS FROM HBW TORK.-

Tbe morement in breadstuSs at this market haa been as fol-lows :

, RBOaiPTSAT RIW TOBK.-. 18X6. ,

For the Since Sinceweek. Jan. 1. Jan. 1. '75.

Float, bbls. 71,521 1,140,917 931,948C. meal, " . 3,735 5-!,673 59,012Wheat, bas. 318,135 3,133,038 9,738.#'8Corn, " . 112.904 4,169,781 6,6^9,816Rye, " 35,6.33 11600Barlej. " . 69,958 1.405.750 767,897Oats ..." . 92,783 2,302,912 1,792,132

-18For theweek.83,6582.802

68S,4-n32.221

14.827

'550

76. , . 1875. ,

Since For the SinceJan. 1. week. Jan. 1.609,272 46.626 670, 85a49,^38 1,559 46,967

6.577,604 5158,324 4,918,93s8,737,859 191,823 3.623,241

58,147 .... 39,.32»

11064,444 3,378 87.738

The following tables show the Qrain in sight and the more-ment of Breadatufls to the latest mail dates

:

RKOBIPTS AT LAKE AND RITKR PORTS FOR THB WEEK BNO»0APRIL 15, 1876, AND FRO.M JlUOCST 1, 1S75, TO APRIL 15, 1876 :

Rye,bnsb.

(56 lbs.)'

7.8572,770

3T

Wheat,bneh.(60 lbs.)

101,2.10

91,78048,57669,051

24,05096.! 377.100

5,700

Com,bnsb.

(56 lbs.)

283,8907,8.30

208,94614,12621,350

403,392142,200

Oats,bush.

(32 lbs )

98,8.54

6,00013,53227,i-21

7,80057,8>459,800

Barley,bush.

(481h8.)27,20712,7901,00039,2172,80026,89313.550

1.5196,720

Flnnr,bbis.

At— (196 lbs.)(Chicago —. 27,735Milwaukee 25,457Toledo .. 730Detroit 7,169Cleveland 2,768»St. Lonie 16,472Peoria 1,350DtUi;th

Total ; 81,691 431,664 1,031.7.34 285,691Previous week 97,134 60;.8.35 8!<8,778 210,t.57

Corre«t.'ngweek,'76. 98,si8 576,9«8 528,657 S94.066'74. 114,60;; 815,209 994,525 450.422

Total Jan. 1 to date. 1,.397,183 9,721,.3.32 16,286,6)4 4,.'-,18.899

Same time 1875 1,109.150 10,525,323 11,617.809 4.430,473Same time 1874 1,887,813 19.6:J4.S17 11,149.422 5.234,011

Total Aug. 1 to date .3,531 428 4:,''2R,327 35.fO!,769 18,6.32.109Same time 1874-5.. .3,763.130 45 056,0.59 .31,277,615 16,148,518Same time 187.3-4.. ..4.557,0ni 60 9-.t|,792 37,787.057 18,-523,855Same time 1872-3... .4,004,697 37,6-22,084 41,409,712 17,720,305

* Estimated.

Shipments of Flotxr and Grain from the ports of Chicago,Milwaukee, Toledo, Detroit, Cleveland, St. Louis, Peoria andDuluth for the week ended April 15, and from Jan. 1 to April 15, .

inclusive, for four years :

113,467177,10087.36742,840

2,181.9981,265,994

1,962,536

6,718.4835,460,72';

6.768.8118,748,.345

1T,90S17,35013,61820,769

385,168353,031531,455

1,8.57,118

1,037.77»1.540,176 •

1,491,334

Week-April 15, 1876.\pril 8, 1876Cor. week '75

Cor. week '74

Cor. week '73

Cor. week '72

Cor. week '71

Jan. Ito Apr.15, 1S76.I,

Same time 1875 1

8»mBtimB 1R74 1

Same time 1873 1

Flonr,bbls.

96,407115,406103,831107,266112.26174,573108,240

,516,S78

,259,908

,599,276,617,155

Wh-at,bush.507,537644.94837.?,568

906,847191,927208.634

1,252,877

5,221.1.52

4,519,75210.221, 6«62,509,817

Com,bneh.

l,149.5-28

715.195.381,688

518,989286.1234.58.225

919,280

11,810,0826.626,5«04,185,758

4,322,477

Oats,bush.197,4.'.8

148,188I80.74S200,612200,173223,165888,530

2,718,4042,612,0332,8»),111

2,174.893

Barley,bush.59,35067,40989,ft37

3«,«8368,3.55

62,60624,109

927,733698,871

1,021,135

1,216,626

Rye;.bnsb.11,7246,8934,60012,0137,51611.740'

8,36&

208,837201.07*188,17T120,607

RBOaiPTB OF FLOUR AND ORAIN AT SEABOARD PORTS FOR TH«.

Barley,bash.14,00012,700

tjeoo6,000

Rye,bash.1,400'

I,70»

WEEK ENDED APRIL 15, 1876.

Flonr, Wheat, Cora, Oats,At— bbls. bnsb. bnsb. bush.

New York 75.3ii7 205.6J0 48,674 70,973Boston 39,521 12,800 127,.300 28,166Portland 8,808 101,203 6,800 bOOMontreal . 8,8.33 23,897 .... 2,800Philadelphia 19,420 67,600 188,100 49,700Baltimore 17,.362 75,760 197,600 6,500New Orleans 19,356 .... 92,770 19,748

Total 163.8.39 47fi.566 661,444 178,987 38,30) 4,MOPreylonsweek 166,273 528,715 601,620 856,920 27.025 »,«0Cor. week'75 801,140 518.060 1,040,596 273,679 63,209 l,StOTotal Jan. 1 to date. 2,500 076 5,691.262 15.958,742 4.183,670 1,581,922 7»,0MSame time 1875 2,369,050 5,556.266 15.7.38,640 v345,262 261.534 Ujam>Sametlmel874 3,217,916 11.286,91112,111,711 8,2'il,698 641.6411 871i,5!l

Same time ls7.3 2,.i5»,300 2,48«,573 7,835,634 5,589.496 904,386 ViJO^And jfouUeal, 7,^9 bnsb. peas; i^ew Xoik, 41,66i ba»h. peat,

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40S THE CHRONICLE [April 22, 1876.

Te« V18IBI.B Saireut or ukaim, coinpriBinK lUe stock 10

<t[naiiTj »t tr.o principal pointa of accumulation at lake anH

^aeaboard porta. In transit by rail, and frozen in on tlie New York

vuials and on the lakes, April 13. 18T8

:

Wheat, Com, Oat§, Barley, Ryr,hnib. bash. bufh. hash. bush.

te dorr at Mew York S,»J5.4-.3 IM.Kl fir;0.604 151,449 SS.SSS

KitOrSstAlbsnT .. 11 50(> i,m BS.OM) 81.5IH) 86.400

UsSeltBuffSJ.....:. .... 79a :n n.»07 81,891 5:i,5M 16,9«

la Store »t Chicago »,W1,S(K) l,6S5.i:B 6S3.SJr S«,<!lb lOl.OHi

SSoreat Milwaukei: :....:. »;39ii.563 J),:>'6 152,901 1*;3« «,««

a3S:."TotdS:vv.:-.-.::". esl^i 7x.;^«4 isM« -gii w£ Sore at Detroit SJ3.M0 aS,576 86,870 15,S96 400

S Sore at Oswego* 50.000 20,000 U.OOO 4,0:iO ..

<Srt«»8t8t.SllS. 279.500 aW.BlI 139.M1 66,595 U.310

uSOTestPeorla .... r,i-S8 17,852 4M45 H^lt 73,1.74

li store at Boston.. 877 15.«81 lil.TSS 25.9^7 S!

iS Vto" at Toronto. W5.701,_^

BUO 10,3.5 141.466 1,3S8

1» store at Montreal 4<1,«23 19,455 17.3:4 8.Mh

in rtwe at Philadelphia* a4\0)fl 865,000 125,000 14,000 S,95n

Uistoreat Bnltlmore* 76.45; 9«,6ili 18.000 .... l.iiOO

SiuSilpnients week 507,537 l,14<t,523 197,«8 59.350 11,744

Oalakeiandcanala.. 4W.0C0 10J,0«U liO,000 ....

. Afloat St New York 40,000 .... ...• 30.000

Total .14,111.117 .),8t.9,»74 2.717,994 990,.V33 310,710

:ADr1l8 1S76 15,421, U'5 8.056,053 S,910.56S 1,215.761 ;:89.431

A^ 17, 1875. 10,399,653 7,096,212 2,0r3,S;-4 404.81S ti5,t;74

•Zstlmated.

The reduction in tlie visible aappljr of wheat U more apparent

than real; probably, considerable in vessels In Chicago not included.

THE DRY aOODS TRADE.FatDAY, p. M.. April 81. 1876.

Uaaufacturera' agents representing domestic cotton and woolen

'pTodnctioDS have experienced a oetter demand for package lots Of

goods required for keeping up assortments, and in volume the

trade of the past week has been fairly satisfactory for the time of

year. Business has been dull with importers, and there has been

continued pressure on their part to force sales through the me-

diam of the auction rooms, where unprofitable prices have been

Tealized. The jobbing trade in both domestic and foreign e;oods

bas been fairly active, owing to a large influx of near-by retailers,

who have commenced the purchase of spring and summer goods.

Witn the exception of prints, which have continued in a demor-

-alized condition, the market has been steady, and jobbers'

quotations have eltown more uniformity than of late, while

agents' prices hr.ve remained unchanged. Messrs. Dexter &Brother, Pawtucket, R. I., the moat extensive manufacturers of

> cotton and knitting yarns in this country, have failed, with lia-

<<bilitie8 of about $400,000 and nominal assets of $300,001 ; and a

jobbing and retail dry goods house, doing business in Charleston,

8. C, and having branches at Atlanta, Ga., and Jacksonville,

VI*., has suspended payment.

Domestic Cotto.>i Goods.—The export trade in cotton goods

has shown further Improvement, and the week's shipments

reached 4,470 packages, of which Great Britain took 1,737

'China 1,210, and Africa 1,054 packages, the remainder hav-

Ang been taken in smaller lots by other countries. As above

':8taled,the print market continued unsettled, and a further reduc-

tion of ic. was made on the following makes: Manchester,

Hamilton, American, Dunuell's, Garner's, Washington, and

Allen's fancies; and Merrimack, Knickerbocker and Garnet's' Bhirtings were reduced ^c. Mourning prints were also marked-down ic, and the Pacific Mills percales, jacconets and organdies

*dec1iDed from 2c. to 4c. per yard. Print cloths were taken morefreely by printers and speculators, but showed no improvement in

]»ice, closing at 3Jc., cash(aiO days, for extra standard G4i. Four-^jrard and light-brown sheetings were fairly active and steady in

inice, but fine browns and heavy standard makes ruled quiet.

Kae and medium fine bleached shirtings continued in good-daBand,aDd the most prominent makes are sold up to receipts bymgemta. Drills were in steady request for export, but the home^enud was light. Cheviots were more freely taken by the

Western trade, whose operations in dyed ducks were more liberal.

Gottooades moved nlowly, and there was a mere hand-to-mouthiaqoiry for tickings, denims, stripes, checks and plaid osnaburgs.

•• Goiaet jeans and satteens were in fair request, and rolled j acconets

-weie taken in small parcels. Cotton dress goods continued"BtegKish, and, being in over-supply, some makes were closed out byagents at a Urge concession from former holding rates, althoughtbe best fabrics were fairly steady.

Domestic Woolen Goods.—There has been a slight improve-'"»*in *!>« demand for men's-wear woolens, and, while sales

IttTc mostly been effected in small amounts, the transactions of" tba week have reached a fair aggregate amount. Prices, how-"^ erev, are very unsatisfactory, and many fabrics are selling at a•po^J'i"* Joes to manufacturers. Business has been more active

mith doth jobbers than with agents, and the retail clothing trade

"bi* been better thitn at any time since the outset of the season.

Cassimeres, trouserings and suitings of spring weights have been

distributed in moderate amounts by agents and jibbers, and

choice styles of worsted coatings have received more attention.

Imitation worsted coatings have ruled quiet, and prices are almost

nominal. Overcoatings have been sluggish, although some fair

deliveries were made ia execution of orders placed with agents

some time ago. Cloths and doeskins continued in limited re-

quest, but are more steady in price than go.)ds of a fancy charac-

ter. Satinets were quiet, although a few sales of low qualities

were made for printing purposes. Kentucky jeans moved slowly,

and there was not much inquiry for flannels. Worsted dreaa

fabrics were distributed to a considerable aggregate amount, biit

shawls were dull and barely steady.

Foreign Dry Goods.—Buslnesahas been dull with importera,

but increased activity has been apparent in the jobbing trad

The auction rooms distributed very large quintities of silks tn

dress goods of the importation of such prominent houses as

Messrs. Passavant & Co., Benkard & Hutton, and C. A. Auffmordt

& Co., and this checked sales of such fabrics from first hands, as

both j jbbers and retailers were enabled to re-£ssort their stocks

oa favorable term^ without having recourse to importers. Rib-

bons and some descriptions of milliner? silks were in fair demand.

Housekeeping linens were ia steady request, and dress linens,

handkerchiefs, aud white goods were fairly active in jobbers'

hands. Woolen goods continued slujjgish in first hands, but

English and Scotch suitings were disposed of by jobbers in foir

amounts. Canton mattings were in good demand, and new fancy

styles are in comparatively light supply. There was about the

usual movement in hosiery aud kid gloves, and no prioe changes

were reported.

We annex prices of a few articles of domestic manufacture

:

Prints.

lit,

3^

Ancona fancy .... 6X Eddy?tone fancy. 6X Oriental fancy ..

.

6>tf

do shirtings.. BX do frocks. do purple ..

do robes 7!'2 Freeman fancies .'5!< do robes 'V4

AmerlcHii fancy.. na do ruby fiM do rubvdo dk fancies do Swiss do... 6H do shirtings. 6do . gn & ogn 's" do pinks... B>f Pacific Mills

do riil>y 8 Garner's fancies.. 6 do robes. 's"do blne«fewh !) do B de band Passaic

do blue & or f>>i do robes Peabody solid ...7"

do dbl plus. S rto pinks do side bnddo seersuckers

1- do shirtings. 'sji Richmonds fane's ivdo j. d. piuks 8 no mourning B« do frocks..

do robes— 8 do Biilid 6 do cords..Anchor shirts ti>5 do purple . .

.

do Chi cks. 'bXAlbion solid 7 Gloucester . 'ik do pinks... 7X

do fane)- do mourning. t'>i do purplesdo Quakers

"'Xdo plain sidebd do shirting... 6do suiting... 'ti>i do cambrics.. do chocolates (iJi

do solid blck 6H do solid blck . '6J< do grays... «xdo greydo shepdplds

«X Knickerbocker f'y 7 do German.".. ox6>i Hamilton 6y, Simpson's sol bks 6V

Aliens' dk fancies do checks . 7 do bk & wh (''A

do dk staples do h'rcord. 7 do sidebanddo stripes ..

.

b" do purples

.

7 do shep plds 'o>;

do checks.... 6 do sJiirt'gs. 6 do silver grey 6Wdo pink 6 do blue and do haired chv BXdo shirtings. tK grren fcles Sprague's fancies 6>;

Amoskeag 6\ do robes 8a9" do robes 8do purples Hariel'sa-rnioge. Hi do shirtings. 6do pink... do Ger. red. 7 do rui)y IXdo robes.. 7 do pilra . .. .... do Swiss r' by

Arnold's fancies. 6X do fancies.. 6X do grn. & or.

do spoc'l sly.es do Swiss.... IX do pink."....do blneA wh

vBristol fancies. .. 'fii^ do ruhy,fchk >. • .

do c tmbrica.

.

8 do c & r cks . . . do purples .

.

Brighton suitings 7 do cJtr pi'ks do asst.f roc's

Berlin solid colors «xr Lodi fancy do German..7"

do suitings 6.f Miners' sliirtings. Southbridge f'ncy 6^Pent Pk Shirtings Manchester

7"do shirting 6

Cocheco fancy.... •f do robes

.

8 Union mourning. 0^do robes IV Merrimac fey. 6 do sideband..do purples... •^i4 do Fpink... 8 do Grec'ngrey 'h"do pinks 8 do Fpuiple. 6H dj solid black. 7do shirtings. 6V do F checks do shirilnss... 7

Conestoga fancies B« ani stripes 'a do shepd plds. 6»do side bnd do shirtinjs B Wamsutta

DunnoU's fancy.. '«« do robes .. 6V4 do robes .. ,

do novell's. XIallory pinksdo buflTs.. ..

6),- Washington fa'cy 6Xdo robes... , 6X do robes txdo pinks... 7>f do frock 6X do ruby 8do shirtings do h'rcord.. «¥ do Swiss rab. 7Xdo purples.

;do checks... Ol< do greenA or. TXdo purples... ex do purples... •iX

TlcklnssAmoslc'g ACA. .. aiV! Cordis No. 1.. 32 SO Omega B 37

do do 3b Sl« do awning. .. 8'S do A 19do A.. .. 17X dc No. i. .. 13 do ACA.. 30 20do B.. .. 15'/. do No. S. .. 16 do do ... 16 19

do C. .. 14 do No. 4. .. 14 do medal.. .. 34do E. .. !2 do No. 5. .. 18 .Mlnnehahi... 7-8 22Xdo awning .. ilH do No. 6. .. 11 do ....4-4 25do do ACA do No. 7. .. 10 Pearl Rive.- 19

Alb'iny .. Easton 9-IOJf Palmer 8Conestoga 60 SI Hamilton reg.. .. 15 Pemberton AA .. 18

do FF...7-8 V do D. . .. na do B 11

do prem A.4-4 51 Hampden CO.. 30 do E ISXdo e-x...4-4 19 do BB.. .. PittsSoId .. 6do ex.. 7-8 17,'< do TRA .. Swift River 10do Old mdl4-4 n Lewisten A... S» S8« ThomdikeA.. .. lOXdo CCA7-3 14 do A.... 31 19 do C .. .. IOXdo CT..4-4 15 do A.... .30 17 Willow Br'k No 1 18do Penntt.4-4 13 Methuen AA.. .. 18 WhittentonXXX. 25do AA .. IIX do ASA. .. 80 do A. ..

do X 10 Lancister 4-4 S3X Tork .SO n"Cordis AAA. .32 18 do 7-8 19 do U 19do ACE. 38 £0 Omega C 14

{

Empress 6 ti 12...

PAndleton do ,

.

22Xax

Cotton ITarns.Sirgeant 6 to!}.. 33!4Fouteaoy do HX

IIXI, etoli.,I XXX do ..

J

Page 27: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

AprU 22, 1876.] THE CimONICl.F^ 4orBxporta or LeadluK Articles from flaw York.

The toUovring (able, compilej from Ciutom Uouaereturnx,shows the export* of leading articles from the port of NewYork since Jan. 1, 1878, to all the principal foreign countries,and also the totals for the last week, and since Jan. 1. Thelast two lines show Cotai oa^u<«, including the yalne of all other

Importation* or Dry Good*.

The Importations of dry (foods at this port for the week endinft

April 20, 1870, and for the corresponding weeks of 1875 and1874 have been as follows :

aSTIBIO rOB OONtDMrTIOH FOB TBS WBBK BBDINa AmiL 23, W'd:

Haaafactores of wool ...

do cotton

.

do ellic....

do Aax....Hlscellansoae dr; goods

Total..-

.1874 ,

Tket. Valne.tK |55'',a0i

1.0:0 843,481. 415 aa.M!l3i,-.'4i ac:,.'M8

549 113,4U

Pkeii.617

1,1564077('5

6,061

-187^ .

Valne.t3;4,i(i536ii,6al

«i)S,l%188.051197,191

1878 ,

•kira . Valne.una J11!,7I«7,V1 8u«,oro{,M 801,391

B-V) 131.9204S0 113,745

3,897 |l,38J,8n 8,943 11,354,371 2,813 1666,851

WITBDBAWII raOB WaRXBOUBB AHO THHOWM lie^O TB> MABKBT DDBINS TBB•ABB pebiod:

Ibnnfactnres of wool .... 40^do cotton.. 383do Bilk 51

do flax 2B9Iliscallaneona dry goods. 455

(I6i.4e874.10149,47073.603iS.394

889,9361,883,397

5ca3713087S9

S.894

7,6B'S

8,946

1203.689119,596101 .879

159,91165,849

t(i50.5t3

1,354,371

698ao3141493

3,549

5^0142,618

ti:S.8809*i,li55

185,817111,12150,994

1620,567866,851

ToUl 1.479

Addent'dforconsampt'n 3,897

IWal thrown upon m'k't. 5^ tl.71»,333 16.61111,904,957 7,632 $1,487,418

BBTBBBDrOB WABBHOUSIKS DUBIN« BABB PXBIOD!annfactnreBof wool.... 355 {144,665 337 {136,494 373

do cotton.. 361 118,103 173 5t.69» 817

do Bilk 74 56,9C8 103 82,371 73

do flax 486 180.118 367 5.3.266 »47

Iscailaneoasdrygoodf.. 1,019 61,070 Sit 19,860 1,541

f!23,87385,9376f),i8S

66.14035,377

(a53,8l3866,851

Total 2.39.', Ji510,934 1.052 I33B.69U 2,419

Mdeot'drorconsnmpvn 8,8'J7 l,-329,397 8,946 1,354,574 2,618

TbUl entered ai tke port. 6,292 (1,810,321 10,038 tl.531.06i 5,067 $1,319,663

Imports or LeadlnK Articles.

The following table, compiled from Custom House returns,

hows the foreign imports of leadine articles at this port since

Jan. 1, 1878, and (or the same period in 1875 :

[Tho quantity is giTea u packages when not otherwise spoclfled.]

Since Same Since SameJan.1,'76. time 1875 Jan.1,'76. time 1875

Ohlna, Glafls and Metals. &c.—Cutlery 1,3«9 1,570

China 6,591 3.267 Hardwaie 238 1,391

Karthenware. .. 9.o74 12,13i Iron, RR. bars...Lead, pigsSpelter, TbB

Glass 96.923 167.216 11,197 37,235Olassware 7.06(1 10,105 142,25!

Glass plate 2,743 3,71> Steel 15,905 30,6741,SW)

8,391

3,882

6.398Tlu, boxesTin slabs, lbs...

273,3823,49.Ma5

383.268

Coal, tons 2,613,717

Socoa, ba(;B 6,^55 5,310 Rags 43,038 42,880Coffee, bacsCotton, bales

540,656 46'^,T4!^ Sugar, hhds, tea. &73^ 534 bbls 170,534 166,005

Drugs, Ac- Sugar, bxs & bags. C:«.131 761,017

Bark, Pernvlac. 10.179 7,74510,971

Tea 7. 470,33317,870

3;8,72JTobacco 18,581

CochinealCream Tartar...

715 2,064189

Waste 335 965Wines, Ac-

Qambier 12,316 S.765 Champagne, bks. 27,752 2',000

Gnm, Arabic

1,151 1,4S0 Wines 1 1.411 46,313

Indigo ],M7 1,191 Wool, bales 38,439 17,706Madder 441 438 AHidea reported bvOils, essential.. 21:i 383 value—Oil, Olive 10,035 • 9,^16 Cigars $413,751 $485,863Opium 412 278 Corks 12,116 21.147Soda, bi-carb.... 8.477 10. MO Fancy goods 306,720 263.943Soda, sal 9,324 18,'i67 Fish.. 178.306 106,261

Soda ash 13.324 19,851 F.-nits, Ac-Plax 1,5:<1 3,55^ Lemons 125,356 89,242Purs 2,053 2,639

700OrangesNuts

670,685341,953

8)9,559Gunny cloth 3)3,111aalr 1,182 1.154 Raisins 653,035 612.175aemp, bales 45,831 48.141 Hides, undressed.. 2,673,477 3,754,141Hides, Ac—Bristles 479

1,44;

5029,.391

Rice 41.852

46;95!

80,930Spices, Ac—CassiaHides, dressed.. 133.325

India rubber 15,049 14,412 Ginger 40,148 20,293[vory 640 1,619 Pepper 210,437 201,727Jewelry, Ac- Saltpetre 60,610 ej,723Jewelry 1,025 1,015 Woods-Watches 173 270 Cork 117,539 96,910

Linseed 218,599'29,425

593,.'«2 Fustic 31,208 15,210

KolaBses ««,173 LogwoodMahogany

267,817 105,57625,780 49.874

o m

jce> -3 i—, :^.ao M o< »#_ r^ -r -c i=_ X 5> ^ e* ^,» ..: t- 1- -r t- 2 van i 55 1- -* (Sm 5 ;,

•5 .«5St:Sr ^^f'^ioinottotnr^vfr^vf'i i---»2^f»»«t*»»**-ifloo 'oo-

^44

S'Cao «r ••«

Mo

:S?S5 : ! :S :2 .8!

(&»

:5 : : :3 -SSSS :se :a

. g 90 S» «t ffl OP •

'Sn St- •

eo • • wH « * 5J •-•

""

^'if

W -M •

ill

•5t 1 ; IS?

d Br-*

6"

a to m^ce*

;?§

•«?•-'

- 6M

g^^ :

S -^i s 'S 1 9Pa ^* c) irt ^H .-Si .-"CO -r-oo -o tcot- 'S*

Receipts of Domestic Produce*The receipts of domestic produce since Jan. 1, 187G, and for the

same time in 1875, have been as follows :

Since 1 Same Since SameJan.1,'76. time 1875 Jan.1,'76. time 1876

Ashes pkgs. 1,934 2,380 Pitch.. . 923 233BreadBtnffB— Oilcake.... . pkgs. 148.459 80,404Flour bbl«. 1,140,917 KlMi Oil, lard... 1,787 3,418Wheat bush. 3,4*),n33 2,7f8.203 Ptannts. .. ..bags. 25,733 21,856Corn 4, 169,181 5.«89,»I6; Provisions—Oats 2,302,913 :,7»2,182| Butter.... .pkgs. 583.373 272.825Rye .35,(3; 11,6001 Cheese... 2:4,.320 111,879Barley and malt. 1,405,760 767,8971 Cutmeate lS5,:i4f. 150,504Grass seed.bagB. M,7i9 49,20) Eggs.... 301,407 92,5.58

84,974Peas bush. 547,481 267,260, Beef 3?,107 14,3390. meal bbls. 58,673 58,0:31 Lard 135,527 1S3,9J4

Ootton hales. S28,5C8 269,689 Lard kegs. 4,443 4,6.5.3

Hemp bales. 764 53il Rice .pkgs. 18,630 0,559Hides No. 1.06.5,89) 728,663, Starch »9,230 93,336Hops bales. 33,6n3 6,034' Stearlne.... 8,200 8.309Leather. , , Bides. 1,409,807 1,1311,574 Sugar . bble. 37 S3,64TMolasses. ...hhds. ....1

IXw.:::;.hhds. 8,666 7.69 S

Molassefl.. . bbls. 39,674 l»,56i pkgB. 1.3,173 4,351Naval Stores

1 Tobacco -. .

.

«3.350 54,34 f

Or. tnrp bblfl. S20 2,501 Tobacco .hh-ls. 25,191 7.347Spirits turpen... 13,794 14,262l|Whi9key... ..bbls. 48,394 e ,5->7

Rosin -.0,574 142,382||Wool .hales. 14,StO 9,9)8Tar 6,278 7..5ti0t Dressed Hotrs . . No. 85,50* 46.892

3 t-tiXJS V ^ ;« 5» . ^

• ••••••• w^ taa-. \r>

5'S

.§ :?! : -S -SSS iS SO (in * . • • *vi»nliii 23

«i : sSi

S o

: c : t 1 : I ; . . . -^

:S2 : : :S : :S

.S

: :8

^ <

Or* S

^gs-

*•=« » n oc Ua a a oMossO C'

B B «.

:*5

.9K'i&A

BS

• 4

88

33. •a HI*

Page 28: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

408 THE CHRONICI.R [April 22, 1876.

UENERALPRICES CUKtCENT.

'tt.3HBS-Poi * n>.

•ItKADSTOFFB—ScetpecUl report.

OJILUINU MATKUlALS-i(rfc<t«—i;ammaa uaru, afloat.. V M 3 25Croton a uuPbtUdelpliU faclnic 26 l>0

0«nMn(— li >i«tnuitie V bill. 110£<m«—Kockland. common V Ubl. MBockUncI, UdIsHIuk. 123

iMmber—ioauifni ;<ine..V M if.et. so 'MWblce pine box bonrdi 19 WWktte pine merehan. box boaril>. H 00•Cleu-plue 4J0OOakncaaih£lMltw«lnat 'S OuSpruce boards Jk xianki 18 OuHnmlock boardu* planlit 16 no

Vitl*—:o<iViA.com,Unii ib.V kef inClinch, IX to SIn.Alonger 4 V.

tdane 5 15

Cattplket.allalzei 3 19

..AUAie—Ld.,wb.Ani.i>are,1nol] V s- ....

I<«ad,wn.. Amer., pure dryittnc, wh.,Amer. rtry. No. I

*l»e,irh.. Araer.,No.l,ln oil

Parla white. Kng. prime eoltl»l«!»

'•aTTKB— (Wholceaie Prlcet)—

Calla, State, fair to prime ¥ n.•' Wn. crm'cry. fr. to prae. "

B*tBrk.,tub.<,btale.i'r to prime "

Welsh tub8.com. toaelected... **

Xtn state factory, fair to jood.v »Western, gooa to prime "

4WAL.-Anthraclte (by cargo) V ton.Urerpool gar cannelLtrerDOOlhoasccannet

CUFFEE-Klo, ord.car.eodaysandgold. «i D.do fair, do gold. •ftogoo.d, do fcold. "

do prime, do gold. "Xava,mats and oaga KOln. "

SatlTe Ceylon iul d . ";Maracaibo gold. "4j«guayra goidrat. iJomingo gold. "-Baranllla gold. "CoetaRlca gold. "

'COCPKK—•alts V n.akeathing, new (over 13 ozjSraslers' (over i s oz.)American Ingot, Lake

COTTON—dee special report.

Bit06S A DYES—Alam.lump ^ n.Argols,crude ^olc.Argols.retlned **

Arieulc, powdered •*

Bicarb, soda, Newcastle. Iri ion nEUlchro. potash ^ ft cur.aieachtng powder ** 1^0 ft.

••

Brimstone, crude, per ton gold.Brimstone, Am. roll «<ls.Camphor refinedCastoroll,B.I,lnbond. Veal. .gold.Caustic soda * KO lb

9 •

• ;oc« u we id (HI

« 1 20

«» S2 liu

« 18 00a 21 00a » no

sa 00 @ <t 00" - ® 80 00® Zi 00« 20 00

9 «

UHa

85

loxa

2 ss9 lU

5 203 20lOX9X

iJ*^I 30

3S339«96

12S10>.

5 COS t 0010 U0« ..

14 OOa 16 00

i5Ka

ISiti*2; a16 «ITS*15 IS16 an a....a

;:2>ia

IS

18K232019

I'X13H18

ISX

3132

MX

2sa16 a2:;,-

a

3 a...a

15 a

2»>.

2231 H3k

4 25

15X2 OJ

33 CtA 31 00

Ctilorate potash ¥IbCochineal , Honduras..

3 a26:jia....a

4 is^a2iiia15 a!:««32,H3

JX

4 25

21X5045SIX10

6«5 751 30

25 a20 (?

6xa« aIS aixa....3

lOX402S29

"XS

!5>4

4 ij«

62X

i'751 5043

2 WX

8X

17 00

Cochineal , Mexican'Cream tartar, prime Am. & Tt..Subebs, Kasl India 9.Satcb gold. 6 aSambler * IW) ft. '• ! TO aainseng cur. 1 20 aCHycertne, American pure " 17 alalap gold 10 a

jUeorlce paste, Calabria cur.(«(corIce r> ante, Sicily

c kteorlce paste, Spanish, solid. . .goldSJKadder, Dutch ••

"Madder, French ",^TatgalIs,l)ltie vlenno cur.-wdll vitriol (66 Brimstone)«»»pium, Turkey — (In bonii), gold.— Pr»a«late potash, yellow. Am.. cnr, n a

•ickailTer gold. 60 aainlne... cur. 2 20 ahnbarb, China,gooJ to nr " 40 a

Sal soda, Newcastle. .f>luu ft, ,;old 1 4'> aS&ell Lac i<. It. 34 o-aodaash.ord. togood.V 100 ft. rold I 95 3SVLgar of iea'1. white ^ ft, 17 a^trlol. blue.common 8 aMSB— store PticeiOeorge'i and Orani Bank cod.pcwt 4 25 ® s '^5

Mackerel, So.l, shore (new) pr. bbi 26 00 a 27 OUItackerel, No. 1, Bay IS OuMackerel, No. 2. shore (new) 16 00 aMackerel, No. 2, Bay 15 00 a ..FLAX-Worth River, pr;me »ft 15 9 .,,.

JTBUIT-JMaialQifSeeaiess. new,per SOlb.frall o fi 254o Layer, new 2 fis 9 2 704o Loose Muscatel, new 370 t^ 300d« &nltana,new perlb, 14Ka 14Vio Valencla,new lO^a 10^

Warrants, new 6Va 7Citron,Leghorn, new 21 a 22Pranes, Turkish 6Ha 6v

do French, new 6xa 11Dates, new 5 a ....»Te»,new 12x1* 15Oaitonainger V case 3 BOOSardines, V hi. box 20 a 219ardlnas,i|i or box 15 a 15XMftcaronl, Italian ^ ft (^ 14DomaUc Dried—

Apples, South, sliced, 1375 crop. IRft 9 o 9Xdo Tenn., quarters 7V^do State, slIcF'l gi<3 9^do do quarters 8Ha SVdo TVeetern. quarters 8 a 8X

Ve^ctaes.pared.Ga. ffOQil »nd prime 14 a 15do nnpared. halvesandqrs in c^- 12K

Slaekberrles ,new 10 aupberrlei, naw 9 27

'<:k«rrlai 20 a 21Clanu 20

eUMNIES.—gee report ander Cotton,

HEMP AND JtTTB-Anarican dressed V ton. 190 90 a2l^ 00Amerieai. andressed 13.1 00 O140 00lRusla,elaan gold. 220 00 a225 00ttallaa • 260 00 a279 90Hantla V» » 7 a 7^W»al " 4X« ta-4W* " iX% iiH

GUSPOWDF.R-BLyVHTINO FOB KJLlLBO.tDB, &C.

3o'a, any size grain, iu25R> kcifs 92 90Saltpetre do do 3 40

8POKT1SO.Electric. Vos. I to 5 gral.i, in 1 ft sq. cans 1 03Diamond trriln. In 1ft cans 103Orange Ilghti.lug, Nos. 1 tj 7, in 1ft cans 1 il3

Superfl'i.; ,;ai:le sporting. In Ift ova] cans 73Ameri' au sporlliig. In 1ft oval cans 7.1

Orange duck'ug, Nos, 1 to S, tn ift cans. 73l»nck .>h-.otIng. Nc8. 1 to 5, la 6>(ft kejrs 3 61Ea^.e duck nhootl'ig, Kos. I to 8, In i!>4 ft kegs 3 61Orarge ducking. Nos. 1 to 5. In 6i« ft. kegs . 3 61Eagle juck snooting, N04. 1 to 3, U^ft kegs, 7 21Duck.^bootinff, .'OS. 1 to5 gr., 12Xfts 7 21Hazari'sKeitue vy r.fle, I --val 1ft ctins 48uuponi's rllle Fff. Fh^, FFFg. 1ft cans 48Dupont's r,ae, FFg. FFFg. Okfts 161Hazard's Keniuck rifle. FFFg, FFg, and SeaShoot ng Fg, 6 w ft kegs>,.n..n.>. -..,.. 1..,.'.. Cf?C.„Dupuni's rifle. Ft if, FFFg, liUft k'gs

Hazaril's Kc;iiuck)'_ rifle, FFFg, FFg, and Sea

1 61

2 96

14

9

IS

75

2319

18M

18S

13

is"13>«13

I2XU11

Shooting Fg, U'Xft kc«8 2 96Orang- r tte, Fg, Fi-g, FFrg, 2)B k'.ite 3 40Hazurd's Kentucky nfle, Fg, FFg, FFFg, 23B

keirs 5 40Dupont' rifle In 2Jft kegs 3 40

HAV-ShtDP'cs VUll* 70 a

EIDBB-Z>rtf—Bnenoa Ayres,selected.|)ft<old 17XSMontevideo, do.... *' :9HaCorrlentes, do.... " 18 aBio Grande, do.... " 16 aOrinoco, do.... " 18H«California, do.... • 18 aMatam. andMex, as they run " 16XaMaracalbo, do.... ** 14 aBahla, do.... " 16 a

CrwSalM*—Maracajbo.do..., "Cinlll, do..,, "Fernambnco do ,.. **

Savanllla, do **

Bahla, do ••

ITel.^oKRj—Bnen.AT,ielected •Para, do.,., "California, do.... "Texas, do cur.

E. /.swct—Calcutta slaught... goldCalcntta, dead green " ....

Calcutta buffalo ... '• 9 aIRO»--Plg, American, No. 1 * ton. 22 00Pig, American, J.o. 2 20 WPig, American, Forge 19 00 «Pig, Scotch 28 50 ® 3? 50

Utore Pt'tces,Bar, Swedes, ordlnaryslzes.fi ton, ISO 00 a, ...

Scroll :.. 70 10Hoop 75 mSheet, Russia, as to assort.. gold fift

Sheet, single, douiilp & trcilccom. 4

Rail". Amer., at Works in Pa. ..cur. 42 00

Steel rails 63 Ou

LEAD-Ordtnary foreign » 100 lbs, gold 6 %•',>,%

Domestic " 6 25 aBar lift. 9 »Sheet 10 S

LKATHER-BemIock,Buen, A'rei,h.,m.&l.¥ft.

" California, h„ m. & I

** comm'n t'lde,h,, m. &1** rough

Slaughter cropOak. roughTexas, crop.

UULASSRS—Cuba, centrifugal and mixed.v iral.

Cuba, clayed "Cuba, Mns., refining grades,. "

do do grocery grades. **

Barbadoes .,**

Demerara "Porto Rico "N. O., com. to choice new.... "

NAVAiv STORES-Tar, Washington ? hb). 2 !2Sa

a 23 COa 21 lO

@120 rol3i!30 on

..(3 12

3 IXIS 43 00a 63 UO

6 30

SIX*?i a21 a26 a30 a26 a

25^42527S32933

2833344040415568

2 2S

i'io33

1 85S 232 505 75S 10

isxa

44I 205947

1 20;s

i'50I 851 08

!X201»

U%9

Tar, Wilmington "2 25

Pitch, city " 2 uo aSpirits turpentine V g^l- 37 aRosin, stmined to KOOdstrd.V bbl a

•' low No. 1 to go^d No. 1 " ... a" low No. 2 to good No. 2 " 1 90 a•• low p-ile to extra pale.. " 4 00 «•• window glass.. *' 7 00 o

OAKCJM—Navy.U.S. NavyibestVft. 8xa lOXon. C&KE-Clty.bag gold .... a ....Western cur. 41 00 « 41 50

OILS—Cotton seed, crude ?» gal. 4!Olive, in casks V gall • 113Linseed, casks and bbls *' 57Klenhaden, prime L. I.Sound '* 45Neatsloot " 83Whale, bleached winter " 72Whale, Northern '• 65Sperm, crude " 1 -.S

Bperm, bleached winter " 180Lard oil. Winter " 106

PETKOLEnM—Crude, in bulk » gil,Cases "Refined, standard white " ....aNaphtha, City, bbls " ....a

PR0V181OH8-Pork, mess V bbl. 33 63X» 22 55Pork, extra prime **

Pork, prime mesB ••

Beel, plain mesa, new *Beef,extra oif.sp. ** ••

Beef ha^ns. Western *'

Bacon,CIy long clear V *•

Hams. smoked «.... "Larii, City steam, ••

BICE-OaroMna, fair to choice ^ ft, 6 f% 7^Louisiana, good to prime.. .. " 3xa 6Rangoon, In bond gold. V 100 ft. 330 <• 2 ssPatna W ft. 7)4® 7X

SALT-Turks Island V bush aSt. Martin's sLIvarnoCTtrlaiutortt Vtaok. 1 8C

BALTPETRE-Reflned,pnr6 VB ....aCrude gold 4VaNltratesoda parlOOIb. " 3 S7Xa

8KED-Clover, •Weatera V ft. ;6j<aTimothy V bnsb. 2 65 aHemp. foreign 1 85 aFlax, American, rough 1 55 aUUMd C»l<ntt»VM» cola •

31 25 21 4012 50 a 13 0013 OU a 13 5024 UU a 26 00>

•a i29ii

14! (4 15

.a 13 e3x

25m

: 50

isx

900

17J 701 901 6«

ise

SILK-Tsatlee,NOB.l di3 V ft None.Taailee, re-reeleu 4 90 '. 5 SIXTaysnam.No. 1 None.Canton. re-reeledNo.l&2Cotngonn 4 75 <» 3 00

8PBLTEB-Forelgu '.OOlk.gold. 7 80 aDomestic cur. 7 75 « 8 00

BDGAR-Uaua.inl.tooom. recr'ng ...,^ ft, exa 'Hdo fair ••

; 9I6a ....

do fcoodreflnlug " 7 13-16a ...

uo prime, refilling " Vi'Ado lair to choice grocery.... *• 8 ado centr,hlids.& bxt, Nos. eai8 8X®

Moiasses, hbds & bxs .Vft bx^Melado .... 4 aUav'a.Box.D. 8. Nos.!®)... ... 6\i^do do do I0ai2 7xado do do isais SHado do do leaiB 9xa<io do do i»a2u 9Kado do white 9 a

Porto Rico, refining, com- to prime. 7 ado grocery, fair to cnolc^.. 8 a

Brazil, bags, D.S. Nos. 9a 11 "K*Java, do. D.8., Nos. 109.12 7jk®Manila. f^uper*or to ex. sup 7 <«

N. O., refined to grocery grades...... «wai;«/!R<d—Hard, crushed H XaBard, powderect lOX^do granulated ado cut loat 10\a

Bolt white, A. atanaaru centrii... »iado du OS A aWhite extra C 9XaYellow do 9XaOther Yellow « a

TALLOW-Prlineclty » ft. 3 15-16aWestern " ,...a

TIN-Banca gold.1)ft 21H4Straits " IfcXSEnglish, rtflned '• 17 wPlates.l.C.charcoal....* box geld 7 00 aPlates.char.terne " 6 62XaWOOL-Amerlcan XX WftAmerican, Nos. I & 2American,CombingExtra, pulledNo.l, PulledCalifornia. Sprinir Clip-Super lor, unwashedMediumCoarseBurry

South Am. Mt^rlnr, unwashedCane Good Po"*". nnwashedTexas, fin*-. Es8i''rnTexas, med Ml 1^ , EasternSmyrna, unwashed geld.

ZINC-Sheet V ft, gold, net

8X9

7X67ji;

8X»xICKH!<8

SX7K8X7)ii\H'XW%lOX

%9X.9X

16J<nx

7 SlH6 87X

SS a85 a41 a37 a29 a

4643v:na80so

SO3(1

8xa s.H

FRElGHTfe-To Livebpool;

Cotton * ».Flour » bbl.taeavy gooits . .Vti^n.Oil » tun.Cora.b'lk&hKs. iiu.

Wheat, bt.lk & bags,

.

Beet » tee.Pork shhi

i— aTXAU.—

.

8. d. ff. d.7-32a X2 6» .

15 32533 11 a....

4X«....4Xa...

3 6 a...1 » »....

f, d. . d.

1539

32 6

a 2sa ....

«» ....a ....

a ..-

Gunpo'virder.

GUNPOWDERDuponl's

SPORTING, SHIPPING AND MINING

POWDER.DUPONT'S GUNPOWDER MILLS

(ESTABLISHED IN 1801 )

Have maiiitaiDed their great reputation for 75 years.

Manufacture the

Celebrated EAGLE DVCKING,EAGEE RIFEE, and

DIAmOKD GRA1.\ PO^VDER.The most Popular Powder in Use. A-so,

SPORTING, MINISC, SniPPING AND BLAST

ING POWDER,

Of all kinds ami descriptions.

For sale in all parts of the coDstry. Eepresentedbl

F. L. Kneeland,70 MfaW Street, NE^V YORK. '

Henry Lawrence& Sons,MANCFAOTCSEES OF

niANILA, SISAL, JUTE tc TARRED

CORDAGE,FOR EXPORT AND DOIOESTIO USB

6ANQS OF RIGGING MADE TO ORDEB.

193 FaONT STREBT, NKW TOBE.

Page 29: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

Apiil 22, 1876,] THE CHROmCLRCommercial Cardi.

John Dwight & Co..MANUFACTURERS OF

SL'P£R-CARBOXATEOP

SODA.Mo. II Old Slip, New York.

The joooiDK Trade ONLY Supplied

II Smith, Baker & Co.,

|«oinraissioN merchantsirokohama and HIoko, Japan.

RKf-RKSENTED BT

E. IV. CORI.IES,I 66X Pine Street, Neir York.

B. G. Arnold & Co.,1&5 FRONT STREET,

UFOBTBRS AKD DEALERSIK

COFFEKS AMD TEAS.

|F. lb. Mayhew & Co.,140 Front Street,MANUFACTURERS OP

l-OIIS—SPERM. WHALE, ELEPHANT & LARD.[CANDliUS—SPERM. PATENT SPERM, PAB-

AFFINE, ADAMANTINE, HOTEL ANDRAILROAD.

For Export and Home nse.

PARAFFINE OILS. WAX AND BEESWAX.

RICE.Dan Talmage's Sr-'-'°O ..9,9)0 8J

92 Wall Street, Nenr Y

16 ronti Street, N^ive^, ou and after—-eit. ..

Oommeroial Cards.

BrinckcTTrrr;, Turner& Co.,

HaDntacturen and Uealen la

COTTONSAILDUCKAnd all klnda of

COTTON CANVAt. FELTING DDCK, CAR COVERUJG, BAGGING, KAVKN8 DUCK , SAIL TWINES

*C. " ONTARIO" 8EA.MLKS8 BAGS,"AWNING 8TKIPKS."

Alio, Axentt

United State* BnntInK Company.A full anppl^ all Wldthi and Colon always la itock.

No. 109 Duane Street.

Financial

Winslow, Lanier & Co.,BANKERS,

27 PINE STREET, NEW TORE,

Receive the accoanta of Interior banka, banlcert

corporations and Merchanta.

Agent* for the sale of City, Oonniy, and RailroadBonds ; Issue Letters of Credit for foreign travel.

LONDON CORRESPONDENTSCITY RANK. Threadneedl* street.

JE.l\..Mudge.J«of the Issue of 1S72

A p^-^ to the holders thereof,

Waehlnst."-'*'"*''"*' °° »'"1 after Tuesday,Burli.nary next, from which date all Inter-

C'wJll cease. The cert iScates to be pro-^. .ho time of payment, and cancelled. Upon

Jcatcs which were Issued for gold premiums.

M. K.Jesup, Paton &Co.BANKERS,

No. 52 TVllUam Street, New York.Draw Exchange on Union Bank of London.Acconnte ot Banks, Bankers and others recelvea

upon favorable terms.

Interest Allowed on Balances Subject to Drafts at8<Kht.

«. Advances made upon Consignments to our address\ to our Correspondents In Europe.

, investment Securities Bought and Sold.

TIR. T. Wilson & Co.,2^^.8 AND COMMISSION MERCHANI

S

>, EXCHANGE COCRT.l.ONnJi'', "'*''''""'*' '""''• o" consignments ofMAvnu u-ov,acco to oar address ; also to our 1 rienos

U.'fnd London.

£4 TFllllani^it Secorltlea, Gold, Stocks' and Bonds

Capital paidAnd Sold on Commission, andt^ross Fire tiNet Lite Asir^Nn NEGOTIATED.

'elved and Interest allowed on balancet;hecked for af glBht.

TotalGrose ds.ets ta'

A Dividend of Fortr Per Cent, is de-aiedori the net caraecl premiums of the Companyr the year endin? Slst December, ISTo, for whichtiflates will be issued on and after Tuesday,e 4th of April next.

payment of Interest and redemption will be in ^ork. ti.soo.ooi.' ' ~

'"^uo\'fn?8^V';Tei. Brown & Co.,Ihe Company's ,

^tlon la ;87a were »5(XKRS AND BROKERS,Yet the Company pv

v-..j.ii.j,

•^"Ml^^'^oVn'tfy'^

By order of the Board,

miLWARD^ HELIX NEEDIiES.337 aud339 Canal street,

l^W TORK.

Olyphant & Co.,C0MM1S8I0; MERCHANTS,

Hook Konc, Slunsliai, Foocliow *Canton, CUIna,

Rkpresotbd BrOLYPHANT ^k Co., vr Clilna,

104 Wall St., New York.

two conflagrations siid all ^'lances Special attentionwith a surplus over IIOO.OOO lan^nUNTRT BANKS EiaAnnual Income of Fire U "" '"» •>^-'«ao- i-xe

»4il(JO,00U. «e and sale of STOCKS,,.Fire and Life Assets entirely a

liable for the otlier. .,m.. . oThe Comrwny organized A.

p/'t'e' » Specialty.business In this country A. D. I8«7.

'

'^~«u;le8 In most of the principal .», ^„ _..vj-ruistes. Tipany,

BANKERS ^W?Kef* KES,

No. 33 TTALI. STREET.TRANSACT A GENERAL BANKING ^BUSINESS

STOCKS BOUGHT AND SOLD ON COMMISSIONINTEREST ALLOWED ON DEPOSITS.

JOSEPH GILLOTT'SSTEEL PENS.

SolJ by all dealtrs tkroughaut ihe U^orld.

Finaocial.

Henry S. King & Co.,BANKERS,

4S Pall mall, London, Enjcland.

Issue CIRCULAR N0TE8 /t-M (^ c*<ir9«, inllaMIn all parts of the world.

Grant COMMERCIAL CBEOITB for use against;

Consignments of Merchandise.

Execute Orders on the London Ptock Kichauga.

Make Collections on ail Points. Receive. Deposit

and Current Accounts on favorable terms, and do*General London and Foreign Banldng Busmeaa.

KING, BAULIB & CO., LlTerpool.NtW TORK AGENTS,

Messrs. WARD, CAMPBELL & CO.

REAL ESTATEMORTGAGE BONDS

GUARANTEED BT THE

Equitable Trust Co.,$1,000,000 CAPITAL.

THESE REAL ESTATE MORTGAGE BO.NDS ARBCO.MMENDED TO THE ATTENTION OF

THE MOSrCONSERVATIVE INVESTORS.;(r/i(—They have the Individual Ihiblllty of the

maker.AVconrf—Efch bond Is secured by a first mortgage 0<

real estate of not less than double Us value.T^frd—The prompt payment of both principal and

Interest of ev.iy bond Is guaranteed hy this Company,The Company guaranteeing these Bonds reeelves no

deposits, owe* no money, ami Incurs no obllgatluus ofany character except those arising from such guarantrthereby keeping Its whole cai>ttal of one .Ml.llonDollars unininaired.TO MEET AT ALLTI.ME>th«prompt partuent of both principal and Interest ofthese Bonds.All niortgiiges securing the Bonds are formally ap'

proved by the following Executive Board

;

ROBERT L. KE.NNKUr, ADRIAN ISELIN.

'

SAMUEL WILLETS, JAMES A. R^MSfeVELT.WM. REMSRX. KL-(iK>E KELLY,CHAS. BUTl.EK, JDHN D. MAXwfxL.HENRY P. HAVEN, GUSTAV H. KISSELL.1 hese Securities bear Seven Per Cent Interest pay-

able semi annually, and are oflercd lor sale at unehundred and two and Inti-rest at the office of theEquitable Trust Company, Nos. 52 & 54 U luiam street.

B. Stttdam Obaitt. G. St. JoHir SaxiiiLv.: |

Morse, Kimball & do.,BANKERS,

18 Neir Street, New York.Members New York Stock and Gold Exchange'.

Banks, Bankers and In-

surance Companieswishing to purchase OFFICE FURNITURE, will finda Ine assortment, at prices to suit the times, at theestabttsbment of

T. G. SEI.I.EW,103 Pnlton St., New York.

rin* CTliflder and B«U Desks s Speelaltj.

JONATHAN EDWARDS, President.

THE NEW E\<jiL,AND «

Mortgage Security Co.OFFERS FOR SALE. AT PAR,

SEVEN PER CENT JEN-IEAE BONDSSECURED BT

FIRST MORTGAGES OfliHPRUYEBHEAL ESTATE.

GUARANTB«D. PRINCIPAL AJTD INTEREST,BY ITS

CAPITAL STOCK OF $500,000.Interest Coun'^iis payable Feml-aDru l)y. Bondi

reRiBteied to oruc-, or jiajatie lo i earer at ont'onAcCiU>-d mteies: Is nor, refjOired to be patd by nur^L'ha>er. he "ext-Uue Coupo:, bei-K Btaiin ed »i> a« lodenote Ih t lolerest begiun Ht the d le of pu cha«eA F.imphUt wjiiiiuU inform. tlou will b« seni'onpptlcatloQ to IheCoiiipanr'a Office,

43 Milk Street, Boston.Thef^e F'-nds arp comirended to the attention of thaMOST CONSKnVATlVli. lNV»-STohS. a« Thcv aVe

belltved to b.> as perfect a «efurUy as cm be obtainedTrie I'Hue of Bonds Is l-mlted to une-half ihe amountof tl:e same class of boudi over Usued under a ltfc«

'-

Gui-rautee. **"

'rtie security of each Bond Is not coiifl"*'^ • w singleVortgiiae. but extends over «iMne Mortgages ownediy Ihe Compa .y. Tins Company receives lo depo>-lt8.vuarant esno oihei secur>TleA» and has no oth*r debitthan Its bonds. Its Mortgages are of like character tothose which have been buuuht In the last twenty yearthy IndU-idi^alB. Life Insurance Companies ancf otherCoiporatiOiie. to the amount of ino e thm Fifty MHlious of dollar?. provin>,'Uuioft secure aiul satlafactorluvtsiinent, The Loans are all upon improved Farmsinsuuieof ihe most fertile Western ^tates, near theRailroads, with shun and perfect titles, and averageless than f650 each, upon prorertT worth nearly fourtlHies their amoimi. Kxperlenee has provfd that we 1-

aele tert Mortk-ages upon this class of property areeater than ihuse upon ctty pronerty, either in the Kastor West. They aie notaflecied by Fires, or by BtuinesaroniUlons ; I'rlaclpal and interest are more promptlypaid ; and upon the tu cess of Agrt-ulture dependithat of almost every Industrial Investment.

HENRY 8ALTON8TALL. PresidentFRANCIS A. 08B0BN, Treasurer.

VIClC-PBKSIDENTft:AmoB A. Lawrence, Geo. C. Richardson,James L. lattle, Thomas Wlggleaworth

Geo. P. TTpham.

DIBKOTOBS

:

Charlea L. Flint. T. Jeflerson Coolldg«,Henry ^MltOBsiall, Jchn P. Putnan,Charles L. Young. J. 0. Upham,

OOUKABL:Hon. Henry W. Paine, Bovton.Slmeoa £. Baldwin, Mew Hareiu

Page 30: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

fflB CHROKICLR [April 22, 1876.

Financial.

H. Amy & Co.,BANKERS,

I» * 21 NsMaa Street, New York.

TBANSikCT aceneral bamrlng buslnes*.I)B » L 111 iDTeilmeat »ecurUl«.BUT «lirte«!rlptloniof UNCUKRKNT Bondi."I«o

BondiKltPUHlATbU byClTtBa andCOUNTIbS.

B A 9i K E R S ,

« WALL 8TKEBT, NEW TORE.

Fannm keeping accounU with n» (coirency or gold'

mtrdepMlt and draw u they please •me a< with uitj

tiuca, ud win be allowed Interest on dally balances

eoordlac to the nature of the acconnt.

Order* for the purchase and sale of stocks, bond

•ad irold will receive from us, personally, prompt and

careful attention. P. O. Boi 2.M:.

A. M. KU>D«». O. W. MCLIIXAB, J». W. TSJLSK

Sccarltr Asalnst Fire and Rebbere.

Central Safe Deposit Co.No. 73 TTest 23d Street,

(Masonic Temple BullillDg.)

SAFE KEEPING OF VALUABLKS under gniran-

tee Piivaie offices for Bar. ks and B»Dkers out of the

city. Separate rooms lor Lauy P«tron«.' ' klLWOdD E. THOKXE, President.

Office hours, 9 A. M. to « P. M.

The Brooklyn Trust Co.Cor. of Montague 4 Clinton sts., Brooklyn, N. Y.

CAPITAL, 1500,000.

This Company is authorized by special charter to act

u receiver, trustee or piardlan.It can act as agent In the sale or manftgement of real

ertate, collect Interest or (lirldends. receive registry

and transfer books, or make purchaseandsaleof Oct-emment and ftther securities.Religious and charitable Institutions, and persons

unaccustomed to tne transaction of business, will find

this Company a safe and convenient depository for

money. KIPLET P.OPKS. President.' CHAS. P.. MARVIN Vice-Pres t.

SveaB H. CULLSN . Counsel.TP.nSTEES:

J. S. Rockwell, Henry Sanger, Alex. McCue,W.C KlDg«l»y, Chas. P.. Marvin, A. A. Low,jonnf . Rolfe, Ai.m.B. Baylls, S.B.Chittenden,Thoims Sullivan. Dan'IChauncey, Edward HarveyM. K. Pierrepont, Joslah O. Low, James D. Fish,

John Halsey, Alex. U. White,Wm. B. BUNKER. SecreUry

OP THE r.ITV OF NEW VORK,COH. BBOADWAY (t WAKHEX SI.,

PAID-UP CAPITAL, SI,000,000.Inyeeted in United States Government Bonds.

ftitrs TBREB PER CEST Interest per annum onJ>tpoffilSHUbUci to check at ^iylit.

J*ti/i t OUR PER CEyr IntereH per annum oniptctat dtpo*nts rer/unnini/ stx months or longer.

Acts aa Trustee for estates.D. K. MANQAM, PresUent.

JOHN C. CRUIKBHA.NK. Secretary.

N. T. Beers, Jr.,

Brooklyn Stocks,gjlS stocks,

ax WALL STKEHT.Dealer In Railroad «nd Investment Stocks and Bonds

Jle«^?S"r.^BtSc"k¥xch.ng,. ^'"»- *'• '^°-««'-

Cooke & Colton^BANKERS AND RROKERS,

44 BROAD STREET, NEW YORK.Stocks, Bonds, Gold, Foreign Exchange and Mfa.ellueona Eeonritles bought aud sold strictly onCommUilon.

McKini Brotijers & Co.Bl.VKERK,

4T Wall Street, New York.

Ocean Steamsliipa.

OR U^iifOOL,(Via Qaeenstoivii)

CARRYING THE U.SITKD STATES MAIL.TUESDAY.

LEAVING PIER No.M NORTH BIVER. as follows ;

NEVADA April 31. at 3 P.M.WISCONSIN M-y a. at 1 P.M.WYOMING May 16, at 11 P. M.IDAHO MaylO.at 11 A. M.

RATES FOB PASSENOKRS REDUCED.Steerage, tJ6; Intermed at», »10; r»b!n,W to $90,

according to staie roo-n. steeras" otUce, No. i5 Broadway. General oOlces, No. 63 Wall streeu

WiLLiAjjIS dc GITION.

CuNARD Line.

BTNOTICE.—with the View of diminishing thechances of collision, the steamers of this line take aspecitietl course tor all seasons of the year.On the Outward Passage fr.>m Qneenstown to New

Vort or Boston, crossing Meridian of 50 al 43 Lat., ornothing to the North of 43. On the Homeward Pas-sage, crossing toe Meridian of 50 at 42 Lat., or nuttaingto the North of ti.

THE BRITISH AND NORTH AMERICAN BOYALMAIL STEAMSHIPS.

BETWEEN NEW YORK AND LIVERPOOL,CALLING AT CORK HARBOR.

FROM NEW YORK.|

FROM NEW YORK.Abyssinia... Wed.. April 16 1 Abyssinia....Wed., May 31

•itoarta Wed.,M»y 3;*Kus.in Wed.. June 7Scylhia Wed., May 10 1 Scythia Wed.. June 14

'Scotia Wed.. Maf 17 'icoila Wed.. JunaZlBothnia Wed.. May 24 ' Bothnia Wed., June 23

And every following Wednesday and Saturday fromNew York,Steamers marked * do not carry steerage passengers.RiTIS OF Passasi.—Cabin, fSO, tlOU >.nu tl3U gold

according to accommodation. Tlck-ts to Pari^, tl5^gold, additional. Hetore tickets on favorable termsSteerage tickets to and from all parts of Europe at

very low rates.Through MllB of lading given for Belfast, Glasgow,

Havre, Antwerp and other parts on tlie Continentand for MetUterrsnean ports. For frelcht and cabinpassage apply at the Company's office. No. 4 Bowlingr^reen: for steerage passage, at 111 Broadway. TrinityBulldJig.

CBAS. G. FRANCKLTN Agent.

Direct Line to France

The General Transatlantic Compan:Mail Stearasiiips,

Railroad Material, &.c.

Morris, Tasker & Co.,LIMITED.

Paacal Iron IVorke, Philadelphia.Delanrare Iron Co., Nevrcaatle, Del.

HANUFAOT'aBXBS OF

LAP-WELDED AMERICAN CHARCOALIRON BOILER TUBES,

WROUGHT IRON TUBES Ai FITTINGSof every description, for Gas, Steam, Water andOU; Steam and Gas Fitters' Supplier, Machinery

for Coal Gas Works. Cast Iron Waterand Gas Pipe.

IMPROVED SUGAR MACHINERY, Ac, &coffTce. —

209 Sonth Third St., Philadelphia.]OFFlCiS AND WAREHOUSES :

No. IS GOLD STREET, NE^V IfORINo. 36 OLIVER ST., ROSTON.

PHELPS,DODGE&C«CLIFF STREET,

Between Jobn and Falton, Netv Tori

IMPORTERS AND DEALERS IN

Tin & Roofing Plates,

OF ALL SIZES AND KINDS.

PIG TIN, RI7SSIA SHEET IRON,CHARCOAL AND COMMON SHEET IRON

LEAD, SHEIET ZINC, COPPERvSpelter, Solder, Antimony, ice.

MASCFACTUF.ERS OF

COPPER, BRASS AND TTIRE.

BITWEKT

NEW irORK AND HATK 33

Calling at Plymouth for the Untiing of P;

The splendid vessels on this favoriteContinent, (being more southerly thaiwill sail from Pier No. SO North River.

ST. LAUIiKNT. T.achesnez Tu,FRANCE, Trudelle ....tJ•PtRElKE, Danre ^aPRICE OF PASSAGE In" GOLD (inc

First cabin. »120 and till), ac onllng ii

*lon. Second cabin. $72. Third, $40.lieturn tickets al reduced rateii.

Steerage, f26. with superior accomincluding all necessaries, without eitraSteamers marked thus * do not carry

sengers.j

LOUIS DE REBfAeeni, 55 SKa lOX

Atlas J^,cnr. 4: 00

_.* gal,

BI-MONTHLT SERVIC" .''

COLOMBIA and ASP1N';\ .

8' 'UTH PACIFIC POf*"" „Fiist-class, full-po'"

Pier No. "il. NorthFor HAY il. COUand SOUTH PAi

ALPSETNA / i^

For KINGS'^ ^<i.ATLAS /f. .<j,0^ ,^CLARlliEL./.....T rxOSuperior arfsl-clas. [xW w'

' Pl«. Vli^r ^

1 15574S81

65 e

, 41 50

I 41) I 211

. 5947

i 1 20;5

I -8 ,J

lOHir B. KINSZDT. HXKBT U. BAKIB. JOHH S.BABXZS

]J. S. Kennedy & Co.,to'l

i Cotton... NKERS AND KIERCII.INTS,Flour '

laeavy goods. <j;i,il{ cOR. WILLIAM ST.,Ou \Com,b'lk&bKs. * m-—, «r.»»kWheat, built « bags "«»• « orit.Beet * teePork »ihhi -oad Investmeat Securities.

Uends. Negotiate LoansI London.Gunpo-v?

'

GUNPOWrDupont's

10MPANVj((r IRON an

i Eqnlp

SPORTING, SHIPPING AND MINING

POWDER.DUPONT'S GUNPOWDER MILLS

(ESTABLISHED IN 1801 )

Have maintained their i

/ /sa'

„,*'^*!of;o. ^^lO\ .fl> -s^

.0%*"

Piowl'ience * Stonlngtoii t'^^V* ^Company, between Neiv Ifoi.t.^'* ,<4

JBotilou. A.

Reduction of FareBetween NEtV TOP.K and PROVIDENCE to «3Between NEW YORK and BOSTON to 14?

Stonington Line.FOR PROVIDENCE. NEWPORT AND BOSTON.

GANbbli aiid !>TU.\INUTOK. leave Pier S3. NKtk™,''K,",-- '*'"''' <"<!eP' Suudayo, at 5 P.M.

r5 H^Sft^tUkeie to principal Ne* Ki,i-Iand points at

?m;l'S? vi""."I'cfeitollice*. Stale-liooius secured atomcea of W«t.-ntt Kipress Co. Hn,l al 3:13 MroRdwsy.PHOVIDKIVCE 1. INK (direct ).

Steaiiisnips tLttOTRA and galaika leave Pier

4:30 P. M . "' *'"" *"''"^'' '"'''^' '"«^'" iinSalc,"

vJir^if-'S,' *'=,"S° '.» Worcester and points beyond.Fielghts via either line taken at lov. est rales

« w iri. D^..-„ „ D. 8. BABLdCK.Preaident.L W. FILKISB. Generml Pass. Ageou "»'"""-

,<BiO^

^o.ti-50

^m'or>

« "., N. ir.

Offlcfc,

Broau^o

ASSETS, -vgi^*^

INSURES CCiT'iSn A^iAlNST LOSS BY FIRE,

OVERLANiJ BY RAILROAD, and Marine by

Steamers to Europe.

Agencies in all the Principal Cities in the U. S.

STEPHEN CROWELL, President,WILLIAM R. OROWELL, Secretary.

Page 31: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

April 22, 1876.] THE nHKuNICI.R vU

Insurance.

OFFICE OFTHE

ATLANTIC

tjMutual Insurance Co.

New TonK, Jan. 24, I876.

Tho Trustccf, in conformity ti> the Charter of the

Jompany, submit thj foUnwintj Staomem of its

,ir«lr« on Iho 3l8t December. 18:5

:

'remliim! recclvod on Marine Elsks,

ft03> l*t .January, 18T5, to 31»t De-

combcr, is:5 $5,840,O;j 83

*rcinianis on Policies not marlved off

l»t January, 1S:5 2,4W,372 87

Total am Dimt of Marine Premiums.. 8J,2J5,394 TJ

To Policies have been Issued uponLife Itislis ; nor upon Fire discon-

nected with Marine Itislis.

'remiums marlccd off from Ut Janu-

ary, 18:5, to Slat December, iSIS ... $8,123,134 68roseei pad during the

eama period $3,T 12,063 05

tetarns of Premiums andExpenses. .$1,817,417 56

The Company has tha following Asset;, yiz.t

'nited States and State of New YorkStock, City. Dank, and other Stock-.S10,3l4,940 00

loaai secured by Stocks, and other-

wise 2,514,200 00

;oai Estateand Bonds and Mortgages 267,000 COstorest. and sundry Notes and Claimsdue the Coaipauy. estimated at 451,037 92

rcmium Notes and Bills Receivable. . 2,076,360 COash in Bank 863,402 40

j,Total amount of Assets $16,019,910 82

Wx Per Cent Interest on the outstandingjrtiflcatcs of profits will bo paid to the holdersloroof, or their legal representativos, on and after

uesday, the 1st of February Leit. :

The outstanding certifloatei of the iKsne of 1872

ill be redeemed and paid to the holders thereof,

the r legal representatives, on and after Tuesday,10 let of February next, from which date all Inter-

t thereon will cease. The cert ideates to be pro-

iccd at the time of payment, and cancelled. Uponirtlflcate* which were issued for gold premiums,e payment of Interest and redemption will be in

lid.

A Divtdcna of Fortr Per C«nt. is de-

atedOTt the net earned premiums of the Companyrthe year ending 3:8t December, 1873, for which

lfl::ates will be issued on and after Tuesday,e 4th of April uext.

By order of the Board,

J. H. CHAPBIAN, Secretary.

TRCSTEES.S, D. Jones,

Oharles Dennis,

W. n. 11. Moore,

Honry Colt.

iwis Curtis,

QhKles II. Russell,

Lowell llolbrook,

Dkvid Lane,

Fames Bryce,

tnl-;i S. Miller,

Wmiam Sturgis,

Toslah O. Imw,William E. Dodge,

Royal Phelya,

Thomis F. Youngs,C. A. Hand,James Low,John D, Hewlett,

Gordon W. Bumham,Frederick Chauncey,Oharles P. Burdett,

Francis Sklddy,

Hobert B. Minturn,

Ch tries H. Marshall,

George W. Lane,

Robert L. Stuart,

Jamet Q. De Forest,

Alexander V. Blake,

Charles D. Leverlch.

Adolph Lemoyne,Adam T. Sackelt,

Horace Gray,

Edmund W. Corlles,

John Elliott,

Samuel Ilutchinson,

William U. Webb.

Insurance.

J. B. JONES, President.

CHARLES DENNIS, VIcc-PrealdenU

W. n. H. MOOEE, -^d Vice Pre.Ueiu

*' Pay as you go, Kct what you bny,•top nlieu yun cliooae."

COMMON SENSE AND FAIR PLAYIN LIFE ASSURANCE I

Do not Assure your Life till you have examinedthe NEW PLANS devised by Sbsppabd BoxamsActuary, for

THE

Provident Savings Life

Assurance Society,

WESTERN 17MON Bi;iLDING,NEW YORK.

Guaranty Cash Capital, $135,000,

Invested In U. S. Five-Twenty Bonds.

ThU Socttty ieparato the Insurance Pari of the

I*remium from the Heserveor Deposit Purt^ which

latter is held merely for accumulation.

This Society recognizes the Policy-holder at owner

af the Btitt te.

This Society, therefore, will either Issae policies

on tho paymei;t of uniform annnal premiums, guar-

anteiif'g asjKciJtfd surrender vahie for every ytar in

cash; or it will furnish the PROTECTION OF LIFEASSURANCE at actual current cost for death claims

and expenses of management^ each year by itself, re-

newable at the close of any year without further

mfdical examination.

These Plans are indorsed by loading Actuaries

and State Commissioners, and also by the *' Society

for the Promotion of Life Insurance amyng Clergy-

men," James Brown, President; Howard Potter,

Treasurer.

For Plans, Rates, and Full Particulars apply to

THE PROVIDENT SAVINGS LIFEASSURANCE SOCIETV,

WESTERN UNION BUILDING. NEW Y'ORK.

GEORGE WALKER, SHEPPARD HOMANS,President. Vlce-Pres't and Actuary

The North British and

Mercantile Ins. Co.,OP

LONDON AND EDINBURGH.UXITKD STATES BKANCH.

54 TVlIllam, Cor. Pine St., New York.

Capital paid up .... $10,000,000Groan F«re Henerve ... 3,T0O,UO0Net Lite Aaeeta .... 13,300,000

Ciotton.

Total ....... ii27,000,000Gross Assets held bv Board of Manaaenieut m f«ew

York, ti.euo.oui.T^ie Company's actaftl losses by Chicago couHoffra

tlon in 1871 were tl.-43.457 81.The Company's uetual losses by Boston conflagra-

tion la XSi'i were |5(l3.«80 46.

Yet the Coni[taiiy paid these losses at sight withouborrowing or BtilliLg a single dollar of permanent In-vestments, coullnued regular oivldends to theirstockholders, and at the end of 1873 had entirely made'jp (not In this country, however), the losses of thesetwo coutlazratlons snd all otherif. commencing 1874with a surplus over tlOO.OOO larger than ever before.Annual Income of Fire Department alone over

t4J)UO,0OU.Fire and Life Assets entirely distinct—the one not

liable for the other.The Company organized A. D. 1309. Commenced

bastness In this country A. D. 1867.Agencies tn most of the princtp'tl cities and towns

In the Untied States.EZRA WHITE, I

CHAS. E. WHITE, V Managers.SAM. P. BLAGDRN. (

Cotton.

Kremelberg & Co.,NEW YORK.

J.D. Kremelberg& Co.,

BALTinORK.Kremelberg, Schaefer & Co.,

NEW ORLEANS.

Kremelberg & Co.,LOUISVILLE, KY.

COnmiSSiON inBRCHANTS.

Williams, Birnie & Co.,COMMISSION MERCHANTS,

65 Beaver »t. tc 20 Ext-hause Place,GEO. W. WILLIAMS & CO , 1

Bankers & Commission Merchants. ^ NEW TORE.CUARLKSTON, S. O, )

Liberal advances made on consignments of Cotton.Orders execu'ed at the Gotten Fxph»n»e 'or the pur-chase and saJe otf coutracta for (utuie delivery. '

Woodward & Stillman,SEAMEN'S BANK BDILDIMe,

Nob. 7-1 4c 70 tVall Street, New Yorli.

Cotton FactorsAND

General Commlaalon IVercIiante.

Special attention paid to the exeoutloD of order* tor

tie purchase or sale of contracts for tuture dellrer;

of cotton. Liberal advances made on conslcD

ments.

Ware, Murphy & Co.,

Cotton FactorsASD

QEXERAL COMMISSION MERCHANTS

COTTON EXCHANGE BUILDING,

NEW YORK.Special attention paid to the execntloi of orders

for the purchase or sale of contracts for future

delivery of cotton. Liberal advance; ma'te on con-

signments.

Henry Hentz & Co.,GENERAL

COMRIISSION MERC HANTS,5 Hanover Street, Neir York.

Advances made on Censlgnp^mts to

neaara. JAIflES FINLAY tL CO.,

LIVKPJ'OOL, LONDON AND GLASGOW.

Also execute orders for Merc'i:andl8e througb

ITIeaara. PINLAY, mUIR &. CO.,

CALGDTTA AND BOMBAT.

FCTURE CONTRACTS FOR COTTON bought andold en commission lu New York and Liverpool.

KDWABO M. WKIGUT. JOUX B. DUBB.Airo. L. BICHABDS.

Wright, Richards & Co.,

COTTON FACTORSAND

General Commlaalon ITIercIianta,

No. 89 BROAD STREET,

(P. O. Box 483S.) New York.

Liberal Advances made on Consignments of Cotton,

Wool. Hides. &c., and upon shipments to our friends

in Liverpool and London.

Knoop, Hanemann & CocomnissioN ivierchants,

Sa EXCHAKQB PLACE, MEW TORE.

Hot;s«s TS

nancbeater and Ltrerpool,

:DE JERSEY St. CO.

Moody & Jemison,BANKERS

AKDGeneral Commltalon mercbanta*

123 PEARL STREET, NEW YORK,Will keep accounts with Country Banks and Baakera.

make coUirctlons. l^sue rertiQcates of Deposit, aadattead to the sale and purchase uf Bonds, Stocks,Coin, Ac.

Partlcu'ar alt'ntlon given to the execution of ordenfor future coutracis ana the purchase of merchandtaa

OVER 5,000 SOLD OFI.<IGER80LL'8

Hi ND AND HOHSE-POWEB PRESSESTlicr have a world- wide renniatloo and a supertorltv

ovei all olhsrs lor baling Hay. Cotion, Kags and ulother uluns of material. For price list and full laftir-

matlon call on or address the manufacturers

INGERSOLL Sc balston,(JKEENPOIMT (Cltr of Brooklyn}, I.. D

Page 32: April 22, 1876, Vol. 22, No. 565 - FRASERfraser.stlouisfed.org/files/docs/publications/... · 2018. 11. 6. · 1 \^. a AN I xmmt HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEU^f!TEDSTATES

irMi THE CfiRONICLK fApril 22, 1876.

OottOD.

LaaXAN, ASRAUAX & Co., LSHSAN. DUBB db Co.New Orleana, L«, Montgomery, Ala.

LEHMAN BRO'S,

Cotton FactorsAND

conmssioN itierchant^,

183 & 135 PEARL STREET,

New York.Orden eiecnted at the Cotton kiphsnges In New

York aid Liverpool, and ad^aucei made on Cotton

od other produce conslenei to us, or to our cor-e-

•pondCDts m Liverpool, Meagre. B. Newgiss & Co.

Dd Me»ra. L. Koeeobelm & Sone.

Sawyer, Wallace & Co.,

COTTON FACTORS & COMMISSION MKRCHANIS,

47 Broad Street, New Tork.

Eakin, Adams & Co.,

BANKERS AND COMMISSION MERCHANTS,

83 Naanaa Street, New York.

Walsh, Thomson & Co.,COTTON BROKERS,

SOUTH WILU^M & 65 STONE S1P.EET8,

Neiv York.

.BLOSS & INCHES,

COTTON FACTORS

GENERAL COMMISSIOiSr MERCHANTS

13S Pearl Street, New York.

J.C. Johnson & Co

,

COTTON BUYERS FOR MANUFACTURERS,

IQEUPHIS, TINN.

A. M. ScARRRorea,Memphis.

L. A. SCARBROTJGH,Gilveston.

A. M. Scarbrough & Co.,COTTON BUYERS,

252 FRONT STREET, 222 STRASD,Rfemptala, Teiin. Galveston, Tei.

Irvine K. Chase,

COTTOIV BUYER,NashTllle, Tenneasee.

EEFEREKCE.-FIBBT N ITtOUiL Bajik. NA9aTtT.t,B

McAlister & Wheless,COTTON

oommssioN merchantsNASHVILLE, TENNESSEE,

Special attention given to Spinners' orders. Corre-Bpondonce sollciteo^KKPBKIN0S8.—Third and Fonrtn National Banljs.and Proprl jtors of Thk Chboniolb

Lamkin & Eggleston,

Cotton Factors,

TICKSBCRG, miss.Orders to pnrcbase Cotton in our market soilcUed

Refer to Messrs. NORTON SLAUGHTER * CO.,Hew York.

toe Laer & Co.,

COTTON BUTERS,

CALVESTON, TEXAS.Liberal Cash Advances on Consignments to onr

Wends In New Tork, Boston, FUladelphla, Liverpool,

HsTTe and Bremen.

Cotton.

Bliss & Beanet,

GENERAL

COniniSSION nERCHANTS,131 Pearl Street, New York.

Special attention given to the execution of orders

for the purchase or sale of Contracts for Fnture

Delivery.

W. C. Watts & Co.,

21 Browrn's Balldlnss,

I.ITEBPOOI.,

solicit consignments of COTTON and orders for the

purchase or sale of future shipments or deliveries

Advances made on consignments, and all Information

aSorded by onr friends, Messrs. D. WATTS & Co., 91

Stone street, New Tork, and Messrs. O. A. GIVEN ft

SON, 64 Baronne Street, New Orleans.

Babcock Brothers & Co.,£0 Wall Street, New York.

MEKCHANDISE DEPAHTMENT.Orders executed at the Cotton Exchanges in New

Tork and Liverpool, and advances made on Cottonand other Produce consigned to them or to their lljmabroad.

B. F. BABCOCK. & CO.,LIVERPOOL.

Robb & Peet,BANKERS AND COMMISSION MERCHANTS

No. 58 WALL, STREET,

Ne'w Y'ork.

Advances made on Consignments. Special atten-

tion paid to purchases or sales of *' Cotton futures.

BUS of Exchange on the CITY BANK, LONDONand HOTTENGUER & CO., PARIS.

H. Tileston & Co.,COTTON B0TER8 & COMMISSION MERCHANTS

60 Mtone Street, Newr York.0'-flpr« In Fntures executed ai N. Y Cotton Exchange.

JOHN 8. BICOABOS. WILLIAM WfllTLOCK.

Richards & Whitlock,

COTTON STORAGENo«. 105, 107, ic 109 ITIortoii,

and 618, 620 & 622 Washluston St.,

CAPACITY, 12,00O BALES.Rate of Storage, 15-15. Fire Insurance Lowest Plates.

Rkfkrkwcks.—French iSTravers. No. 17 William sV,WilluiiiiB, Black & Co., No. 1 '^ llliam »t.; K.M. Waters& Co. ,56 Broad St.: Philip Henry. .Jr. No. ib5 PearlSt.; AUauis & Whitlock, No. 51 South St.; CharlesHylle8ted& Co., No. 7 So"th WilllHm et.; Walter T.MJller «i Co.. No. 5 Hanovt-r st,; Dennis PerKlus, No117 Pearl St.; Charles A. Easton. No. 141 Pearl st.

Wm. E. Rogers & Co.,19 Sooth William Street,

NEW TORK,

coinmssioN otebchants.AtDTANTjaS MADS tJPON COTTON CONSIGNED TO

mesora. J. N. BEACH & Co.,

LIVERPOOL.

Cotton Ties.SOLE AGENCT IN NEW TORK FOR THE SALE

OF THE

CELEBEATED "ARROW" TIE,MANrFACTURED RV

" The American Cotlon-Tle Company,Limited,"

LIVERPOOL. ESGI.AND.S. OT. SWENSON,

80 Wall S«., New York.

}EWELL,HARRISON& COMPANY,

COnmSSION ANDCOTTON IVERCHANTS.

ESTABLISHED 1841. NEW TORK

Cotton.

Edward H.Skinker& Co.commissiON and

COTTON MERCHANTS9T Pearl Street,

NEW TORK.

ALKSaKDEB HAITUAND. L. P. B. MACLEHOUBOBSST L. UAITLAND.

Robt. L. Maitland& Co.,

No. 43 BROAD STREET, NEW YORK. II

Cotton Factors,]Tobacco and General Commlaaloii

merchant*.

Advances made on Consignments to

LONDON AND LIVERPOOLMiscellaneous.

JEWELL,HARRISO^& COMPANY.

PURE LARD PACKED FOBALiL. CLIMATES.

PROVISION DEALER? AND MANUFACTDREBOl:' LARD OIL AND STEARINE.

ESTABLISHED 1&4I. NEW TORK.

MANCHESTER

Locomotive Works,MANDFACTURERS OF

LocomotlTes, Stationary Steam Ewglnes, and Tools,MANCHESTER, N. H.

ARETAS BLOOD, ^V. G. in:KANS,Superintendent Treasurf r.

Mauchefrter. N. H. 40 Water sli eet. Boeton

Wire Rope.STEEL, CHARCOAL, as<

B. B. of the very best qualltl

1 suitable for Ships, Rlgglnn

ISuspenslon Bridges, Guys, De:

Irlcka, Inclined Flanes, Mining

F Hoisting Purposes, &c. i

Large Stock constantly 01

hand, from wbicn any desliei

leL^gths are cut.

JOHN W. mASON & CO.,

43 Broadnray, Ne-w V-vrk..

^TNAInsurance Companh

OF HARTFORD.

CAPITAL. - -5 $3,000,000 GO

Assets, Jan. 1, '76 - S6,T92,649 9*

Liabilities . • $246,3«3 SO

BRANCH OFFICE, 173 BROADWAY, N. T.

JAS. A. ALEXANDER, Agent.

Livei'pool (^^1

London C^ Globe

Insurance Company,

45 William St. mAssets, $28,425;i6o 92'

In the U. S., $3,000,000