july 7, 1877, vol. 25, no. 628 - fraser · 2018-11-06 · ^financial; tomtit...

^financial;

tomtitHUNT'S MERCHANTS' MAGAZINE.

g^ Wtfhly §Uw0 paper,REPRESENTING TFIE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE TJN'ITED STATES

VOL. 25. NEW YORK, JULY 7, 1877. Nu • 28.

Financial.

TEE

Financial.

National Bank-Note Co.,

(INCORPORATED NOVEMBER, 1859.)

OFFICE, Wo. 1 WALL STREET,

NEW YORK.ZNORAVKBS Or TOE

United States Bonds, Notes, Currencyand National Bank Notes.EsORAVIXQ AND PbiNTISO Or

BANK-NOTES, STATE AND RAILROAD BONDS.

POSTAGE AND REVENUE STAMPS.

CERTIFICATES, DRAFTS. BILLS OF EXCHANGE,AND COMMERCIAL PAPERS,

ta the highest style of the art with tptclat safe-

guards devised and patented, to prevent counter-

feiting and alterations.

This Company engraves and print* bonds, postage

•tamps and paper money for various foreign

\Jovernments and Banking Institutions—SonthAmerican, European, West India Islands, Japan, <&c.

Communications may be addreeted to thit

Company in any language,

J. H. VAN ANTWERP, Pres't.J. 'IK UOMH (.11, VIce-Pres'UA. I>. SHKPARD, Treasurer.JNO. E. CDBB1EB, Secretary.

Asa P. Pottrr, Prcst. Sau'l Phillips, Cashier.

Maverick National Bank

Drexel, Morgan & Co.,WALL STREET,

CORNER OP BROAD, NEW YORK.

Drexel, Harjes & Co

SI Boulevard Haussmano

Paris.

Drexel & Co.,

No. 34 Sooth Tbisd St.,

Philadelphia.

DOMESTIC AND FOREIGN BANKERS.Deposits received subject to Draft. Securities. Gold.

Ac, bought aI1 ,i 80 iu 0M Commission. Interest allowedan neposlta. Foreign Exchange. Commercial Credits.Cable Transfers. Circular Letters for Travelers,available in all parts of the world.

Attorneys and Aqrnts orMessrs. J. 8. MORGAN dc CO.,

No. as OLD BROAD ST., LONDON.

J.&W. Seligman&Co.,BANKERS,

69 EXCHANGE PLACE,CORNER BROAD STREET, NEW TORK.

Issue Letters of Credit for Travelers,

Payable In any part of Europe, Asia, Africa, Australiaand America.

Draw BIHs of Exchange and make telegraphic trans-fers of money on Europe and California.

O S T O NCapital,Surplus,

$400,000200,000

Special attention given to COLLECTIONS, andprompt remittances made on day of payment.Boston business paper discounted. Correspondence

nvited.

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

AOSNT8 FOR TUB

LONDON AND HANSEATIC BANK,(LmiTRn).-LONDON. *

R. A. Lancaster & Co.,BANKERS AND BROKERS,

66 Broadway, New York.SOUTHERN AND MISCELLANEOUS SECURITIES

Bought and Sold on Commission.VIRGINIA 8TATE AND- RAILROAD SECURITIES

A Specialty.

LaanMSI eyotlated.

Charles' G. Johnsen,

MERCHANT \M> 15 \ Mai; It,

166 GRAVIER STREET

NEW ORLEANS, LA']

J.&

J.Stuart oc Co.,v

33 NASSAU STREET.

BILLS OF EXCHANGE ONSMITH, PAYNE Sc SMITH'S,

BANKERS, LONDON;MANCHESTER Sc COUNTY BANK,

" LIMITEfl"

;

JOHN STUART A: CO., Bankers,MANCHESTER, PAYABLE IN LONDON;

ULSTER H1\K1M. COMPANY,BELFAST, IRELAND;

AND OK THKNATIONAL BANK OF SCOTLAND.

ALSO,CABerETRANSFERS AND LETTERS OF CREDIT

Hilmers,McGowan&CoBROKERS IN

FOREIGN EXCHANGE AND GOLD,63 WaU Street, New York.

(P. O. BOX 2,547.)

Special attention paid to the negotiation of Commerclal bills.

Platt K. Dickinson, Howard C. Dicrlnson,Member of Stock Exch'ge. Member of stock Kxch'ge

Joux R. WALLKR,

Dickinson, Waller & Co.BANKERS AND BROKERS.

US BROAD STREET,Transact a general Banking Business. Buy and Sell

on Commission Stocks, Bond and Gold.

Having been Identified with California Interests, and

having a connection In San Francisco, are prepared

to buy and sell on commission all stocks dealt In on

the San Francisco Stock Exchange, and to give lnfor

illation respecting the same.

Financial.

FISK & HATCH,BANKERS,

So. 5 NASSAU ST.. NKW YORK.

U. S. Government Honda bought and sold la

amounts to suit Investors ; also Gold, Silver, and for-

eign coins. Deposits received in Currency or Gold,

and Interest allowed on Balances. Special attention

paid to Investment Orders for Miscellaneous Stocks

and Bonds.

R. T. Wilson 6c Co.,BANKERS AND COMMISSION MERCHANTS

2 EXCHANGE COURT.Liberal cash advances made on consignments of

Cotton and Tobacco to our address ; also te our menusIn Liverpool and London.Government Securities, Gold, Stocks

and BondsBought and Sold on Commission, and

, LOANS NEGOTIATED.Accounts received and Interest allowed on balances

which may be checked for at sight.

Kountze Brothers,BANKERS,

12 MALI. STREET, NEW YORK,Issue Letters of Credit, available In all parts of the

world ; also, Time and Sight Bills on the UNIONBANK OF LONDON. Cable Transfers made.

Grant & Company,BANKERS AND BROKERS,

No. 33 WALL STREET.TRANSACT A GENERAL BANKING BUSINESS

STOCKS BOUGHT AND SOLD ON COMMISSIONINTEREST ALLOWED ON DEPOSITS.

K. SUTTJAM GRANT. O. ST. JOHN RURFIIU*.

CAJ Co.BANKERS,COR. OP WALL STREET AND BROADWAY

New York.

Transact a General Banking Business, Including

purchase and sale of STOCKS, BONDS and GOLDfor cash or on a margin.

Investment SecnrUIea For 8ale.

P. O. BOX 2,tn.

A. M. Kidj>r«. C. w.McLrllax. Jr. W. Trass:

NKW VORK.IM Pearl Street.

BOSTON,TO sia.« street

GOSSLER & Co.,OORRRSPONDRffTS OF

International Hank ol Hamburg andLondon, (Limited.)

B0U8R IN EUROPE.IOHN BERBNBErtG,GOSSLBR*C«

HAMBURG.

ii THE CHRONICLE [Vol. XXV".

Boston Bankers.

Gko. Wji. Balloc. Gkobse H. Holt,

Member N. Y. Stock Exchange

Geo.Wm.Ballou&Co8 WALL STREET, 12 DEVONSHIRE ST.,

New Vork, Boston,

BANKERS AND QEALKRS IN

Municipal Bonds.

Brewster, Basset & Co.,

BANKERS,No. 35 CONGRESS STREET,

Bostoni mass.

.Dealers In Stocks. Bonds, Gold and Commercial

paper.

Orders executed on Commission at Brokers Board

Auctions, and Private Sale.

Investment Securities conBtantlv nn hand.

Chas. A. Sweet & Co.,

BANKERS,

40 STATE STREET, BOSTON.

DEALERS IN GOVERNMENT SECURITIES, Gold,

State, City, County and Railroad Bonds.

Parker & Stackpole,BANKERS, 78 DEVONSHIRE STREET

BOSTON,

Bay and Sell Western City andCounty Bonds.

Fhila. &. Baltimore Bankers.

Wilson, Colston & Co.,BANKERS AND BROKERS,

BALTIMORE. •

INVESTMENT and VIRGINIA SECURITIES aspecialty.Correspondence solicited and information fur.

Dished.N. x. Correspondents—McKim Brothers ft r*;>.

J. Bell Austin,STOCK BROKER,

«03 WALNUT PLACE (310 WALNUT ST.),

PHILADELPHIA.Orders in StockB and Bonds promptly executed at

the Philadelphia and New York Boards.

Southern Bankers.TBOS. P. KILLER, R 1). "WILLIAMS, JNO. Vf. MILLXB

Thos. P. Miller & Co.,BANKERS,

MOBILE, ALABAMA.Special attention paid to collection*, with prompt

remittances at current rates of exchange on day ofpayment.Correspondents. — German American Bank, New

fork; Louisiana National Bank, New Orleans ; Bankof Liverpool, Liverpool

T. W. House,BANKER,

41 OTAIN ST., HOUSTON, TEXAS.

DEALER IN

Gold, SilTer and Negotiable Securities.

COLLECTIONS MADE THR0UQH0U1 TBE81ATE.

BOYS AND SELLS EXCHANGE ON ALL TIIEPRINCIPAL CITIES OP THE UNITED

STATES AND EUROPE.

Adams & Leonard,

BARKERS,

DALLA s, TEXAS.

New X ork Correspondent .Moody 4 Jemlson.

Southern Bankers.

THE CITY BANK OF HOUSTON,Capital, $500,000,

Houston, Texas.We give special attention to collections on all acces-

sible points. „ „ „ ,Directors—Benjamin A. Botts. Pres't: C. S. Long-

cope, W.J. Hut;hlns. F.A.Rice, C.C. Baldwin, W. B.tfotts, Rob't Brewster. BENJ. A. BOTTS, Pres't.

B. F. WEEMS, Cashier.

James Hunter,P. O. Box 81. Savannah, Georgia,

ANDJA.HKS HUNTER, Ac CO.,

26 Pine Street, New York,

Brokers and Dealers In Southern Securities. Loans

Negotiated. Advances made on Securities placed in

our hands for sale at current rates.

References.—Henry Talmadge & Co., and Eugene

Kelly & Co., New York; Southern Bank, Savannah , Ga

S. B. BUKRUB8, Pres't. A. K. Waiter, Cashier.

First National Bank,WILMINGTON, N. C.

ollectiona made on all parts of the United SUtes

Western Bankers.

Exchange Bank,DENVER, COLORADO.

Capital Stock, - - -

Capital Paid-in, - -

$250,000

185,000

F. J. EBERT, Pres't. A. J. WILLIAMS, Vice-Pres't.S. G. COLLINS, Cashier.

CORRESPONDENTS.New York—Tradesmen's National Bank.San Francisco—Wells, Fargo & Co.'s Bank.

Especial attention given to Collections, and Re-mittances promptly made.

The Nevada BankOP SAN FRANCISCO,

SAN FRANCISCO, GAL,

Capital, fully paid in coin, $10,000,000.

LOUIS McLANE, President.

J. C. FLOOD, Vice-President.

C. T. CHI5ISTENSEN, Cashier.

CORRESPONDEN TS:

LONDON Smith, Payne & Smiths.

NBW YORK Tee Bank of New York, N. B. A

The Bank of New York, N. B. A., is prepared to issne

Telegraphic Transfers, Letters of Credit and Drafts

on The Nevada Bank of San Francisco.

THE

Anglo-Caliiornian Bank(LIMITED),

LONDON, Head Office, 3 Angel Conrt.

SAN FRANCISCO Office, 422 California St.

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

Authorized Capital, - - $6,000,000.Fald-up and Reserve, 1,550,000.

Transact a general Banking business. Issne Commercial Credits and Bills of Exchange, available in all

parts of the world. Collections and orders for BondsStocks, etc.. executed upon the most fayorable"terms

FRED'K F. LOW, ).,„„„„„.1GNATZ STKlNHART,i Mlulfl*er8 '

P. N. L1LIENTHAL. Cashier.

Financial.

Albert E. Hachfield,13 HALL STREET, M!W YORK.

DEALS IN

First-Class Investment Securities.

CUT BONDS OP ALL KINDS,

ailhoad b0xd8, and sot/therx securities opall Descriptions.

WANTED,Mobile & Ohio Bonds.

^MUBlsslppl Central Bonds.New Orleans Jackson & Great Northern Bonds.Jefferson Madison & Indianapolis Bonds.South Georgia & Florida Bonds.

N. T. Beers, Jr.,

Brooklyn Stocks,GAS STOCKS,

. i X WALL STEEET.

Financial.

Brown Brothers & Co.,No. 59 WALL ST., N. T.,

Issne, against cash,gposltud, or satisfactory guaran-tee of repayment, wrcular Credits for Travelers, in.

dollars for use in the United States and adjacentcountries, and .In pounds sterling for use in any part)

of the world.

THEY ALSO ISSUE COMMERCIAL CREDITSMAKE CABLE TRANSFERS OF MONET BE-TWEEN THIS COUNTRY AND ENGLAND, ANDDRAW BILLS OF EXCHANGE ON GREATBRITAIN AND IRELAND.

John Munroe & Co.,No. 8 Wall Street, New York,

No. 4 Post Office Square, Boston.CHEQUES AND CABLE TRANSFERS ONMUNROE Sc CO., PARIS.

8TERLING CHEQUES ONALEXANDERS, Cl'NJLIFFES 4c CO.

London.SIXTY DAY STERLING ON THE

CONSOLIDATED BANK, LONDON;

CIRCULAR NoTKS AND CREDITS FOR TRAVELERS.

~S7G. & G. C. Ward,agexts fob

BARING BROTHERS Ac COMPANY,52 WALL STREET. NEW TORK.28 STATE STREET, BOSTON.

M. K.Jesup, Paton & Co.No. 52 William Street,

NEW YORK.Draw Exchange on Union Bank of Londoo.

Aceounts and Agencies of Banks, Bankers and Mer*

santile Firms received upon favorable terms.

Bonds, Stocks, Commercial Paper, Gold, &o., bought

and sold on Commission.

Act as agents for Corporations In paying Interest

Coupons and Dividends, and also as Transfer Agents.

Dividends, Coupons and Interest collected and

remitted.

W. CALHOUN,

Accountant & Auditor,No. 20 NASSAU STREET.

Complicated accounts of Estates and PartnershipsInvestigated and adjusted. Accounts prepared for theSurrogate. Books of Public Companies, Firms, &c,opened, written up or closed.Special attention given to railroad Investigations.

Refers by Permission toW. A. Wlieelock, Esq., Pres't Central Nat. Bank.Jas Lynch, Esq., Pres't Irish Emigrants' Society,Col. H. S. McComb, Pres't N.O. St. L. & Chic. RR. Co.Ex. Norton, Esq., Pres't Paducah & Memphis RR. Co.Jos. F. Joy, Esq., Receiver Dutchess & Col. RR.Hon. H. A. Smythe, late Collector of Port of N. Y.Hon. Jas. P. Slnnott, Judge of the Marine Court.Messrs. Van Winkle. Candler & Jay. Counsellors,&cMessrs. Brooks, Ball & Storey, Boston, Mass.Messrs. Ronald, Sons & Co., Liverpool, England!.MeBsrB. Benecke BroB., London, England.

yoJV?££jfasSAUSn cm.pi/iest'

Capital,* 1000.000,Allows interest on deposits, returnable on demand,

or at specified dates. Is authorized to act as Executor,Administrator, Guardian, Receiver, or Trustee. Like-wise, Is a legal depository lor money paid into Court,or by order of any Surrogate. Individuals, FlrmB andSocieties seeking income irom money lu abeyauce, orat rest, will find safety and advantage lu this instituLion.

HENRY F. SPAOLDING, President.BENJ. B. SHERMAN. \ ViceFREDERICK H. COSSITT, ( PresidentsC. H.P. BABCUCK, Secretary.

EXECUTIVE COMMI1TEE:Jacob D. Vermllye, Amos R. Eno,Benj. B.Sherman. Frederick H. CosslttSam'I D. Babcock, • .Isaac N. Phelns.Martin Bates, Etnnund W. Corlles.

BOARD OF TRUSTEES:Samuel D. Babcock,Jonathan Thome,Isaac N. Phelps,JoBtah M. FlBke,Charles G. Landon,Knmund W.Corhes,Frederick H.Cossitt,William H. Apple ton,Gustav Schwab,David Dows,Martin BatesWilliam Allen Botler,James P. Wallace.

Benjjtnm B. ShermanGeorge W. Lane,Jacob D. Vermllye,Geo. Maccullcch MUlei

,

Roswell SkeelA. A. LowDavid Wolfe Bishop,Amos R. fa.no,

Charles G. Francklyn,William H. Weub,J. Plerpont Morgan,Percy R. i*yne,Charles Abernethy,

llienry F.Spauldlng.

July 7, 1877.J THE CHRONICLE. in

Financial.

THE MEW i:\«.i.v\i»

Mortgage Security Co.OFFERS FOR SALE, AT 105 AND INTEREST,

SEYEN PER CENT TEN-YEAR liiiMis

SECURED BY

FIRST 'Killll.ti.ls OF IMPROVEDREAL ESTATE.

• GUARANTEED, PRINCIPAL AND INTEREST,BY ITS

CAPITAL STOCK OF §500,000.Interest Coupom payable semi-annually. Bonds

registered to order, or payable to bearer at option.Accrued interest la not required to be paid by pur-chaser, the next-due Coupon belnff stamped ao as todenote that Interest beclna at the date of purchase.A Pamphlet with full Information will be Bent on

application at the Company's Office,

43 milk Street, Boston.These Bonds are commended to the attention of the

MOST CONSERVATIVE INVESTORS, as they arebelieved to he as perfect a security as can be obtained.The issue of bonds is limited to one-half the amountof the same class of bonds ever Issued under a likeGuarantee.The security of each bond Is not confined to a single

Mortgage, but extends over all the Mortgages ownedby the Compan #\ This Company receives no deposits,guarantees no other securities, and has no other debtsthan Its bonds. Its mortgages are of like character tothose which have been bought In the last twenty yearsby Individuals, Life Insurance Companies and otherCorporations, to the amount of more than r,;f ty Mil-lions of Dollars, proving a most secure and satisfactoryInvestment. The loans are all upon improved farmsIn some of the most fertile Western States, near therailroads, with short and perfect titles, and averageless than $5'Jt) each, upon property appraised at aboutthree times their amount. Experience has proved thatwell-selected mortgages upon this class of propertyare safer than those upon city property, either in theEast or West. They are not affected by flres, or bybusiness revulsions; principal and Interest are moreSromptly paid and upon the success of agricultureepends that of aIu.ost every Industrial investment.

HENRY SALTONSTALL, President.FRANCIS A. OSBORN, Treasurer.

VICE-PRESIDENTS J

James L. Little, Oeo. C. Richardson,George P. L'pham, Thomas Wlgglcsworth,

Henry L. Pierce.DIRECTORS

:

Charles L. Flint. E. R. Mudge,Henry Saltonstatl. John P. Putnam.Charles L. Young, David R. Whitney,

J. B. TJpham.counsel:

Hon. Henry W. Paine, Boston,Simeon E. Baldwin, New Haven.

810P. Ct\ Interest

Iowa Bonds k Mortgages

GEO. W. FRANK & DAR-ROW, BANKERS and Negotia-tors of LoanB, Corning, Towa.

and 195 Broadway, Western Union Bldg., N.lt ..makeloans on the best Improved farms in Iowa, at 8 to 1per cent Interest. Always first Hens and improved•arms ; never exceeds one-third the cash valueof the land alone. The bonds have couponsattached, and the Interest is paid semi-annually, atthe Central National Bank, in New York, and theprincipal, when due, at the same bank. Several years'experience of the firm In loaning has shown theseloans to be

PERFECTLY SAFE!The interest and principal have always been paidwhen due, without thr loss of a dollar. Send for fullprinted particulars, or call at the New York officeand examine maps and applications for loans in sumsranging from $500 to $5,000.

REFERENCES :

Wm. A. Wheelock, Esq., Prest. Cent. Nat'l Bank, N.Y.Gllman, Son ft Co- BanKcrs, 41 Exchange Plaee, N. Y.H. C. FahneBtock, Esq., First National Bank, N. Y.Henry H. Palmer, Esq-, New Brunswick, N.J.Chas. J. Starr, Esq., Stamford, Ct.A. J. Udell. Esq., Bec'y D. L. & W. RR. Co.Aaron Healy, Esq., 5 Ferry street, N. Y,Edwards & Udell, Attorneys, 52 William street, X. Y.

A. C. Burnham,[Established 1861.] CHAMPAIGN, ILL.,

OFFERS FOR SALE$200,000 REAL ESTATE FIRST'loiin.K.i; COUPON BONDS,

In amounts of $1,000 and upwards, yielding KIGHT toTEN per cent semi-annual Interest, payable In the Cityof New York, and negotiated through the houses of

BURNHAM. TBEVETTA MATTIS, Champaign, 111.BURHHAM & TULLEY.t, Council Blil/Tt, Iowa.BUltXIIAM. OHMSfir it CO., KmmtUbv.ro, Iowa.BURXIIAM <t BUYER. Orlnntll, Iowa.KA.1SA3 LOAM ± TRUST CO., Topeka, Kan.All these loans are carefully made, after personal

Inspection of the security, by members of the abovefirms, who, living on the ground, know the actualvalue of lands and the character and responsi-bility of borrower*, and whose experience In the busi-ness for the past SIXTEEN YEARS has enabled themto give entire satisfaction to Investors.

The Bridoe that has carried tod safely otxb

A Solid Ten Per Cent.The old established CENTRAL ILLINOIS LOAN

AGKNCY, known all over New England and the Mid-dle States as the Agency whose Interest coupons areEald an certainty and an promptly as the coupons ofrovernment Bonds, has enlarged Its field and changed

Its name to "THE KANSAS, MISSOURI & CENTRALILLINOIS LOAN AGENCY." There Is no change InIts character or management. If a certain clean TENPER CENT will satisfy you, address for Circular.Actuary, "KANSAS. MISSOURI 4 CENTRAL ILLI-NOIS LOAN AGENCY," JACKSONVILLE, In.

Financial.

Ten Per Cent NetON FIRST MORTGAGE M« i Kl l . .

Have had an experience of over twelve years In thebusiness. Make none but t*aft loans. Loan no morethan one-third the actual value of the security. Guar-antee a perimniil Inspection of the security in everycase. Farm Loan*, when carefully placea, safe atGovernment Bond*Iowa Loans made at NINE PER CENT net. Choice

First-Class mortgages, amply secured on Improvedfarms, constantly on hand anil for sale at the office of<;il, MAN, SON & CO., 47 Exchange Plaee, New York.Refer to John Jeffries, Esq., Boston, Mass.; Jacob D.

Vennllye, and Giliuaii, Son &, Co., New York; J. M.Allen, Esq., Hartford, Conn., and others, on applica-tion. Send for Circular.

Ill UMI \ 'I SC I I III * V< oiin.il Bluff's, Iowa.

Mortgage LoansCAREFULLY SELECTED, secured by FIRST LIENon DESIRABLE Real Estate in Chicago and vicinity.THE SAFEST and MOST PROFITABLE INVEST-MENT, now paying from Eight to Nine Percent,per annum. Interest payable semi-annually. Prin-cipal and Interest Coupons PAID PROMPTLY.

Baldwin, Walker & Co.,HAWLEY BUILDING,

(Established 1869.) CHICAGO,MAKE A SPECIALTY OF SUCH INVESTMENTS forCapitalists, and invite cobkkspondxkck ind in-quiry AS TO THEIR STANDING.Well-known references on application.

STOCKS and BONDSAt Auction.

The undersigned hold REGULAR AUCTIONSALES of all classes of

STOCKS AND BONDS,

WEDNESDAYS AND SATURDAYS.

ADRIAN H. >HI.I,i;it At SON,

No. 7 PINE STREET, NEW YORK.

Albert H. Nicolay & Co.STOCK AUCTIONEERS,

BANKERS AND BROKERSNo. 43 PINE STREEr, NEW YORK.

li? Established 26 Years.

REGULAR AUCTION SALES OFSTOCKS AND BONDS

Every MONDAY and THURSDAY,OR SPECIAL SALES MADE ON ALL OTHER DAYS

Our established custom twenty-five years.

Oorernmcnt Securities and Gold, also Stocks andJends, bought and sold at the Stock Exchange Boardsof New York, Boston, Philadelphia, Baltimore andSan Francisco, and at private sale.Stocks and Bonds not dealt In at the New York

Stock Exchange our specialty for many years.,

We Buy and Sell en Commission,Choice Municipal,

7, Sand 10 per cent,City, County, Town,

School and State Bonds,insurance and Bank Stocks, Railroad Bonds,

City Railroad Stocks and Bonds,Gaslight Stocks and Bonds.

Trust Companies, TelegraphExpress, Mining and Manufacturing Stocks

Interest Coupons and Dividends collected.Interest allowed on Deposits,

subject to Drafts payable at sightFIRST-CLASS INVESTMENT SECtXRITIES

ON HAND, FOB SALE AT THELOWEST MARKET RATES.

AmericanBANK-NOTE CO..

OFFICE, 142 BROADWAY,New lurk.

ENGRAVES AND P HINTSBank-notes, Bonds fob Governments and Corporations, Bills op Exchange, Certificatesof Stock, Postage and Revenue stamps

Policies of Insurance, and allKinds of Securities,

IN I II I MOST ARTISTIC STYLE,AliD

IN A BUILDING PROOF AGAINST FIBS.

ALBKRT G. GOODALL, President,

C. L. Van Zandt, Vice-Pres. & Manager.

Tiiko. II. Free-land, Sec. Geo. II. Statneb, Treas.

McKim Brothers & Co.,BANKERS,

47 Wall Street, New York.

Financial Notices.

CHICAGO ROCK ISLAND A PACIFICRAILROAD COMPANY.

Holders of the undrawn Seven Per Cent Sinking

Fund Bonds can negoUate for an exchange for the

new Six Per Cent Bonds, on application at the Office

of the Company, No. 13 William street.

FRANCIS II. TOWS, Treasurer.

NOTICE.Matoraltv of New Orleans,?

City II all, April 20, 1877. (

Subscriptions will be received at this office to the

Capital Stock of the New Orleans Water Works Com-

pany, Incorporated under Act No. 33 of the Legisla-

ture of Louisiana, approved Slat "March, 1877.

The old Water Works Bonds of the City of NewOrleans will be received AT PAR, and must be surren

dered at the time of subscribing.

ED. PILSBURY, Mayor.

MANHATTAN SAVINGS INSTITUTION,

Not, 644 A 646 Broadway,

New York, June 27, 1877.

Fifty-third Semi-Annnal Dividend.

The trustees of this institution have declared the

fifty-third semi-annual dividend, at the rate of SIX

PER CENT, per annum on sums of J50C and under,

and FIVE PER CENT per annum on all sums over

$500, remaining on deposit during the three or six

months ending July 1, in accordance with the pro-

visions of the by-laws, payable on and after MON-DAY, the 16th day of the month.

E. J. BROWN, President.

EDWARD SCHELL, Treasurer.

C. F. ALVORD, Secretary.

CEDAR FALLS AND MINNESOTARAILROAD COMPANY,

New York, June 25, 1877.

The Coupons due 1st July, 1877, of the MortgageBonds of the Cedar Falls and Minnesota Railroad

Company, will be paid on and after that date by

J. 8. KENNEDY * CO,No. 41 Cedar Street.

T^AST TENNESSEE VIRGINIA ANDGEORGIA RAILROAD COUPONS, due July 1, 1877,

will be paid on and after that date by the GALLATIN

NATIONAL BANK.

R. T. wrLSON, President.

in>AST TENNESSEE A GEORGIARAILROAD COUPONS, due July !, 1877, will be paid

on and after that date by

R. f . WILSON & CO,

2 Exchange Court.

I-miMILM; A OHIO RAILROAD

COUPON'S, due July 1, 1871, will be paid on and after

hat date by

R. T. WILSON 4 CI), 2 Exchange Court.

MISSOURI PACIFIC RAILWAYCOMPANT, Office, No. 5 Bowlino Green, New

York, June 27, 1877—The Coupons due July 1st, 1877,

on the Second Mortgage Bonds of the Pacific Rail-

road (of Missouri) will be paid after that date at this

office. C. K. OARRISON, President.

ST. LOUIS AND SAN FRANCISCOKAtLWAY CO. -Treasurer's Office, No. 3

Broad §t. New York, June ".9. 1871—The July cou-pons upon the SOUTH r-AClFIC RR. CO.'S Fllt~Tmoi.toagk bono- will be paid In gold at thisoffice on and after MONDAY, the 2d prox.

WM. F. BUCKLEY, Treasurer.

Western Union Telegraph ComfanvTreasurer's office.

New York, June 13. 187

DIVIDEND No. 40.

NY, 1

The Board of Directors have declared a quarterly

dividend of One and One-half Per Cent on the Capital

Stock of this Company, from the net earnings of the

three months ending June 30 Inst, payable at the

office of the Treasurer, on and after the 11th day of

July next, to shareholders of record on the 20th day

of Jane. The transfer books will be closed at three

o'clock on the afternoon of the 2 th Inst, and opened

on the morning of the 18th of July.

R. 11. ROCHESTER, Treasurer.

Iv 3HE CHRONICLE [Vol. XXV.

Financial Notices

MOBILE & OHIO RAILROAD.Extract from the final decree rendered .Tone 5, 1S77,

In the United States Circuit Court for the SouthernDistrict of Alabama. Preucntr—Hon. Jos. P. Bradley,Circuit Justice ; Hon. W. B. Woods, Circuit Judge

:

"7. The Court orders and decrees that the Mastersmay receive In payment, from the highest and lastbidder, bonds and coupons which form a part of thefirst mortgage debt ascertained to be due or owing bythe Master In his report, and sustained by the opinionof this Court : • • • provided also that If the saidmortgage property shall oebld offdlrectly orindlrect-]y*by.for, or In behalf of, the bondholdersand creditorswho have or shall have entered into and subscribedthe agreement for the re-adjustment of the securitiesof said company, dated October 1, 1876, commonlycalled the agreement of rc-organlzatlon, then, and inthat case, all and every bondholder and creditor ofsaid Company not having already entered Into andsubscribed said agreement, who shall,

on or before the first day ol Septembernext,

enter into and subscribe the same and deposit theirsecurities with the Farmers' Loan and Trust Companyin the City of New York, or with the Bank of Mobilein the City of Mobile, as provided by said agreement,shall be and they are hereby allowed to participate Insaid bid and purchase on the same terms anl on anequal footing in all respects, according to the charac-ter of their claims respectively, with the said bond-holders and creditors who have heretofore enteredinto and signed said agreement."further Information may be had on application per-

sonally or by mall to w. H. HAYS, Chairman,11 Pine street, New York.

Financial.

CONTINENTAL NATIONAL BANK.New York, July 8. 1877.

MR. JEDMUND D RANDOLPH, Cashier, has beenunanimously elected President of the ContinentalNational Bank, vice Mr. Charles Bard, resigned.Mr. Bard retires from the office at his own solicita-

tion from consideration of health, and for the pur-pose of accepting, on September I, the honorable andless laborious appointment of Bank Commissioner ofthe fctate of Connecticut. Mr. Bard continues asDirector of the Continental National Bank, and byrequest, as Chairman of the Finance Committee.

JOHN T. AGNEW, Vice-President.

OFFICE OF DONNELL, LAWSON & CO.,

)

93 Broadway, June 26, 1877. )

HPHE COUPONS DIE JULV 1, FROIttJ- all Bonds of the State of Texas, except the PensionBonds, will be paid on and af :er maturity at our office.

The coupons from Pension Bonds will be paid bythe State Treasurer at Austin.

DONNELL, LAWSON & CO.,Fiscal Agents for Stittc of Texas.

THE CHATHAM NATIONAL BANKNo. 1% Broadway,

New York, June 23,

FORTY-THIrtD DIVIDEND.A SEMI-ANNUAL DIVIDEND OF^-FOUR PER CENT, free of tax. has this day been

BANK,

)

1877. )

FIRST MORTGAGELOANS

CAREFULLY PLACED ON PRODUCTIVE

CHICAGO REAL. ESTATE,HAY1NO AN ACTUAL RENTAL VALVE,

AT 7 TO 9 PER CENT INTEREST,

PAYABLE SEMI-ANNUALLY,

AT ANY PLA CE TEA TLENDER MA Y DESIRE.

All our loans are covered with first-class Insurance

—are "Judgment" Coupon Notes; borrower pays all

expenses. These mortgages mfree from taxation.

We have mortgages now on hand (H2.000) In sums

of $2,000, drawing 9 per cent, first-class security.

Eight years' experience and highest references.

W. T. (I MIIN(,,LOANS AND REAL ESTATE,

No. 125 DEARBORN ST., CHICAGO,

Financial.

AUGUSTUS J. BROWN. WALSTOJT H. BROWS.

Aug.J.Brown & Son,

BANKERS,34 Pine Street, New York.

SPECIAL ATTENTION GIVEN TO THE NEGOTLB,TION OF

"*«IlROAI» SECURITIES.

9 Per Ct. InvestmentsSECURED BY

REAL ESTATE FIRST MORTGAGESFor particulars, write or apply to

GREGORY & i:\I.Mll.6 Wall Street, New York.

declared, payable to the stockholders on and after the1st day of July next. The transfclosed from this date until Julv 2

July next. The transfer book will remain" Julv 2.

G. M. HARD, Cashier.

Financial

WANTED:Alabama, South Carolina & Louisiana

State Bonds;New Orleans Jackson & Gt. Northern,

Mississippi Central, and MobileAc Ohio Railroad Bonds

;

City or New Orleans Bonds.LEVY & BORG,

36 WALL STREET.

H. L. Grant,No. 145 BROADWAY,

NEW YORK.

CITY RAILROAD STOCKS & BONDSBOUGHT AND SOLD.

See quotations of City Railroads In this paper

WANTED :

Kansas Pacific RR. Bonds. South Carolina Consols.New Orleans Bonds. Louisiana Consols.City, County and Town Bonds, Iowa, Ohio and WisSecond Avenue Railroad stock and Bonds.Cities Dubuque, Keokuk, and Evansvllle Bonds.Toledo, Sandusky, and Cleveland Bonds.No. Carolina Bonds. Denver & Rio Grande BondsAtchison & Pike's Peak Railroad Bonds.

FOR SALE :

Town Bonds of New 1 ork State 'is.

City of Toledo 8 Per Cent Bonds.The Thomas Iron Company 7 Per Cent Bonds.

WM. R. UTLEY, 10 Wall St., N. Y.

FOR SALE:$100,000 BEXAR COUNTY EIGHTPER CENT BONDS.Issued te Galveston Harrisburg & San Antonio Rail-

road, due 1*96, interest March and September, payableat Austin, Texas. •

Taxes for payment of Interest and Sinking Fundcollected by the State of Texas, also other TexasSecurities, for sale.

FORSTER, LUDLOW 4c CO.BANKERS,

No. 7 Wall Street, New York.

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

No. 20 Broad Street, New York.Stocks, Bonds, and Government Securities houent

and sold on commission at the New York stock Ex-change.Dealers in all descriptions of Bonds and Investment

Securities.The correspondence of Bankers aad Brokers through.

out the country .ollclted.

Funding of Southern State Bonds.We are prepared to fund Bonds of the following

Southern States, In accordance with their sever."Funding Acts, upon the most reasonable termspossible:.ALABAMA, LOUISIANA, S0U1B CAROLINA

TENNESSEE. VIRGINIA.

WANTED i

Louisiana State Bonds.Al egneny City Four Per Cent Bonds.New Orleans Cliy Bonds.St. Paul * Pacific Railroad Bonds.

FOR SALESWabash Railway Funded Debt Scrip.Virginia slate New Series Bonds.Jen. Mad. A Indianapolis UR. First Morte. Bonds.Mobile & Montgomery B. R. First Mortgage Bonds.

G. T. BONNER * CO.,10 Broad Street. New York.

Oswego City Sevens,DUE IN 1888;

Rochester City Sevens,DUE IN 1893

;

FOR SALE BY

n win. a.

40 Hall

MOHAN,Street.

AGENCY.-HULL, ENGLAND.An energetic and active Arm (young), three years

established, of unblemished reputation, possessingevery facility for working the sale of AMERICANPRODUCE, Is very desirous of entering Into nego-tiations with an cnteprislng New York House In thegeneral goods line, with a view to representing It InHULL and large surrounding district.

First-rate testimonials can be furnished.'N.B.—Independently of above, we are open to pur-

chase good OX-HORNS.As this Is most genuine and will bear the strictest

Investigation, replies are most earnestly requested to(In first instance)

U., 12 Eastern Morning News OfJce,

HULL, ENGLAND,

UNITED STATES

Four Per Cent Loan.

Under authority of s contract with the

SECRETARY OF THE TREASURY,the undersigned hereby give notice that fromthis date, and until July 16, at 3 P. M., they will

receive subscriptions for the Four Per CentFunded Loan of the United States, in

denominations as stated below, at Par andAccrued Interest in Gold Coin.The Bonds are redeemable after thirty years

from July 1, 1877, and carry interest from that date,

payable quarterly, and are exempt from the pay-

ment of taxes or duties to the United States, as

well as from taxation in any form, by or underState, municipal or local authorities.

The Interest on the Registered Stockwill be paid by check, issued by the Treasurerof the United States, to the order of theholder, and mailed to his address. The check is

payable on presentation, properly endorsed, at theoffices of the Treasurer and Assistant Treasurersof the United States.

The Subscriptions will bo for CouponBonds of $50 and $100, and RegisteredStock in denominations of $50, $100, $500,$1,000, $5,000, and $10,000.The Bonds, both Coupon and Regis-

tered, will be ret-dy for delivery July 3, 1877.

Forms of Application will be furnishedby the Treasurer at Washington, the Assistant

Treasurers at Baltimore, Boston, Chicago, Cincin-nati, New Orleans, New York, Philadelphia, St.Louis, and San Francisco, and by the NationalBanks and bankers generally. The applicationsmust specify ihe amount and denominations re2quired, and, for registered stock, the full name andpost-office address of the person to whom thebonds shall be made payable.

Two Per Cent of the purchase money mustaccompany the subscription. The remainder maybe paid at the pleasure of the purchaser, either attime of subscription or at any time prior to Oct.16, 1577, with interest added at four per cent todate of payment.

The Payments may be made in gold coin tothe Treasurer of the United States at Washington,or Assistant Treasurers at Baltimore, Boston, Chi-cago, Cincinnati, New Orleans and 8t. Louis, andto the Assistant Treasurer at San Francisco, withexchange on New York, or to cither of the under-signed.

To Promote the Convenience of Sub-scribers, the Undersigned will also receive,in lieu of coin, United States notes or drafts onNew York, at their coin value on the day of receiptin the city of New York.

AUGUST BELMONT & CO., N. Y.

DREXEL, MORGAN & CO., N. ¥.

J. & W. SELIGHAN & CO., N. ¥.

MORTON, BLISS & CO., N. T.

FIRST NATIONAL BANK OF THECITY OF NEW YORK, N. Y.

DREXEL & CO., Philadelphia.

Juni 14, 1877.

BUFFALO NEW YORK & ERIE RR.FIRST MORTGAGE RENEWAL

7 Per Cent Bonds,DUE 1016,

COUPON OR REGISTERED,

INTEREST PAYABLE JUNK AND DECEMBER INNEW YORK, FOR SALE BY

PERKINS, LIVINGSTON, POST & CO ,

23 Nassau Street.

A FFAIRS OF CORPORATIONS AND-sarins Investigated: partnership accounts and In-surance Iobbcs adjusted : frauds and errors detected ;books opened and closed. Twenty years' experience,references Include municipal authorities, bank andinsurance officers, menhants. lawyers, and others forwhom Important work has been done.

G.C.HALSTEAD, Public Auditor 39 Nassau St.

pwtracHUNT'S MERCHANTS' MAGAZINE,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL. 25. SATURDAY. JULY 7, 1877. NO. 628.

CONTENTS,A Year's Advance Toward SpeciePayment 1

Cotton Consnmption in the Unit dState* 3

The Remits of Public Work inEngraving and Printing 8

Tho Metric System of Weights

THE CHRONICLE.Financial Review of Jnne 5The Debt Statement for Jnne, 1871 7Imports and Exports for May, 1877 7Latest Monetary and CommercialEnglish News 8

Commercial and MiscellaneousNews 9

and Measures 4

THE BANKERS' GAZETTE.Money Market, V. S. Securities,

|Quotations of Stocks and Bonds. 18-

Railway stocks, Guld Market, ( New York Local Securities 14Foreiqn Exchange, N. Y. City

|Investments, and State, City and

Banks, National Banks, etc 10 | Corporation Finances 15

THE COMMERCIAL TIMES.Commercial Epitome lSIDryGoods 22Cotton 18 Imports, Exports and Receipts. .

.

28Breadstuffs 81

IPrices Current U

&!)* €\)xonicit.The Commercial and Financial Chronicle is issued on Satur-

day morning, with the latest news up to midnight of Friday.

TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE:For One Year, (including postage) $10 20.ForSix Months 6 io!Annual subscription in London (including postage) £2 5b.Sixmos. do do do 1 68.

Subscriptions will be continued nntil ordered stopped by a written order, orat the publication office. The Publishers cannot be responsible for Remittancesunless made by Drafts or Post-Gmce Money Orders.

London oiti< • .

The London office of the Chronicle is at No. 5 Austin Friars, Old BroadStreet, where subscriptions will be taken at the prices above named.

Advertisement*.Transient advertisements are published at S5 cents per line for each insertion,

but when definite orders are given for five, or more, insertions, a liberal dis-count is made. No promise of continuous publication in the best place can begven, as all advertisers must have equal opportunities. Special Notices inanking and Financial column BO conts per line, each insertion.

wii.i.iam B. Dana, I WILLIAM B. DANA & CO., Publishers79 & 81 William Street, NEW YORK.

Post QrricE Box 4,595.

JOHN G. FLOYD, JR.

0&~ A neat file-cover is furnished at 50 cents; postage on the same is 17cents. Volumes bound for subscribers at $1 50.

, P*F

" For » complete set of the Commercial and Financial Chronicle—July, 1SI15, to data—or o( Hunt's Mercuantb' Magazine, 1839 to 1871, Inquireat the office.

~ VF' The Business Department of the Chronicle Is represented amoneFinancial Interests in New York City by Mr. Fred. W. Jones.

A YEAR'S ADVANCE TOWARDS SPECIE PAYMENTS.Wide as is the diversity of opinion in regard to other

fundamental questions about the resumption of specie

payment, there is a general unanimity in regard to twopoints which are the most important. The first is the

necessity of lowering the level of the circulating current

of paper money, and the second is the obligation of

accumulating a reserve of coin by the Treasury before

we offer to pay coin on demand for our outstanding notes.

To Mr. Knox, the Comptroller of the Currency, we are

indebted for some figures which illustrate the progressof the country in the former of these great preliminary

movements towards the goal of resumption.

He reports that during the year ending June 30, 1817,

national bank notes have been withdrawn to the amountof $25,021,698. During the same time, new bank noteswere issued under the Act of January 14, 1875, amount-ing to #12,463,500. Hence, the net decrease of thenational bank notes during the year amounts to

$12,558,198. • To this decrease in the national bank-note

affgregate the Comptroller adds another important item.

Under the law of January, 1875, it is required that for

all new bank notes issued legal tender notes shall beretired in the proportion of 80 per cent. Applying this

rule to the twelve and a half millions of new circulation

issued during the year to the national banks, we find

that the proportionate withdrawal of greenbacksamounts to $10,007,952. The total, therefore, of the

reduction of the net aggregate of outstanding green-

backs and bank notes has been $22,566,150 during the

year. Such is the beneficent result of the resumptionlegislation as reported by the Comptroller. Since June,

1876, we have diminished the volume of our papermoney, including the greenbacks and the bank notes,

by twenty-two and a half millions of dollars.

If we refer to the debt statement just issued by the

Secretary of the Treasury, we shall obtain some further

information on the subject of paper-money contraction.

The fractional currency, which enters as a very impor-

tant factor into our paper-money aggregate, has beenreduced during the year by more than fourteen millions,

and now amounts to $20,403,137. Adding these 14 mil-

lions to the other net figures of contraction, we obtain a

total of $36,609,608 as the whole amount of permanentpaper-money contraction effected since the end of the

last fiscal year. This contraction has been carried onin a steady, conservative, healthy manner, and it is

impossible to avoid noticing how completely its results

have refuted the arguments of the inflationists, whocontend that all such contraction of the currency mustof necessity operate to the repression of business. Not-withstanding the activity with which our currency has

been contracting its limits under the wholesome opera-

tion of the resumption law, the business of the country is

gradually recuperating, and shows as much, if not more,

of vitality and elastic strength as is exhibited in the

most favored countries of Europe.

Turning once more to Mr. Secretary Sherman's state-

ment of the public debt, we find that the aggregate of

greenbacks outstanding is $359,828,294. We thus see

that the greenbacks are now reduced nearly to their old

level of 356 millions, at which they were left by Secre-

tary McCulloch in 1869. The official tables show the

following changes of volume which the greenbacks havesustained between that time and the present. Up to the

time of the panic in September, 1873, the greenbacks

were reported at $356,079,742; on December 31, 1871,

at $378,481,339; on January 31, 1874, at $381,794,029,

and on February 28, 1874, at $382,078,592. Since that

period there has been a decline of over 22 millions, the

amount at present being $359,828,294, of which $13,-

2 THE CHRONICLE. [Vol. XXV.

938,802 are on deposit for the purpose of retiring the

circulation of national banks.

With regard to the coin balance in the Treasury, it

has increased during the fiscal year by $16,328,221 net ;

it now amounts to $115,122,473, of which $54,960,000

belong to special depositors, and are represented by gold

notes. The progress of accumulation is certainly not so

rapid as might have been expected, and this part of our

preparations for resumption must certainly be prose-

"

cuted with more energy and success hereafter. The

public will watch with much interest the future policy

of Mr. Sherman in regard to this part of his work. Wehave so often insisted upon its necessity, and upon the

danger of delaying or neglecting it, that we need not

here discuss it. What is chiefly necessary is, that the

nation should be assured that our currency is making

steady progress towards specie resumption, and that

every part of our financial machinery is working har-

moniously together for the accomplishment of that final

result. It is gratifying to know that a conviction of the

3alutary results which a return to the solid basis of hard

money will confer upon our monetary and commercial

system, is much more generally entertained even in the

West than at any previous period since our paper-m«nej>

inflation began. After some extended inquiries on this

subject among the shrewdest and best-informed mer-

chants of Chicago, St. Louis, Cincinnati, and other

Western centres of industrial and financial activity, we

are convinced that a change is developing itself in this

respect in the tone of public opinion among business

men. Should this salutary movement go on and spread

throughout the country, it will add another illustration

to the long list of proofs of that singular harmony with

which, in the United States, our free institutions develop

and instruct the public mind, and bring it into rapport

with the reforms which, from time to time, become

we also stated that for this year a further increase must

be expected in the consumption of goods.

An investigation into the actual pounds of cotton

worked up during the past six months by fifty-eight

of the larger cotton manufacturing corporations of

Massachusetts and adjoining States, shows that our

expectations of September last are being fully realized.

These figures have been collected in Boston, and the

aggregate results have been sent us this week by the

person who collected them, and are as follows for the

fiftv-eight corporations:J & Pounds.

In the first six months of 1877 the 58 mills consumed. 94,650,874

„ « « 1876 the 53 mills consumed. 91,469,447

Increase in the last six months 3,181,427

or 3 -4S per cent.

These fifty-eight mills use about 409,000 bales of cot-

ton each year, which would be about 33£ per cent of

the entire Northern consumption; and, as they represent

a fair average of all the Northern cotton mills in styles

of production and in other particulars, we may safely

take the increase obtained above as representing the

actual increase this year in the consumption of cotton by

our Northern mills as compared with last year. One further

fact of importance is also brought out by this inquiry,

and that is that the goods manufactured from this cot-

ton have all disappeared—having gone into actual home

consumption or been exported-in the face of the very dull

trade during all the early months of the year. Could

we have more positive proof that at low prices consump-

tion has outrun production, and is constantly increasing ?

The population has increased since the 1873 panic; the

buying capacity of our people, under the recuperating

influences of good crops and past economies, is rapidly

on the increase; the export demand is also decidedly

. larger and at paying prices ; altogether giving to the

needful in our monetary' industrial, or political organiJ

manufacturing outlook an extremely favorable aspect—

As resumption draws near we find that, on the • never more promising, unless prices be run up to a pointzation.

one side, our financial system adapts itself to the approach

of specie payments, while on the other side popular

opinion is responsive and yields to the inevitable, or

welcomes it with an acquiescence which grows more and

more hearty and universal.

COTTON CUNSOHPTHN IN THE UNITED STATES.

We showed briefly in our last September crop report

the peculiar features of the cotton manufacturing

industry in this country since the panic. The first

period was July, 1874, when the mills and their agents

found themselves with a large surplus of goods on their

hands. Everyone, therefore, at once claimed that here

was an immense over-production. In July, 1875, how-

ever, the fact was disclosed that although the mills used

as much cotton as the year before, they held at that

date decreased stocks of goods—disproving the conclu-

sion of the previous year, and showing that the country

had taken and would take, at low prices, in very dull

times the then present production. The apparent over-

production in 1874 was thus found to be the pressure of

the ordinary surplus in a " fresh place "—that is, in the

hands of spinners instead of, as formerly, in the hands of

merchants. Again, in July, 1876, stocks of goods held

by manufacturers were further reduced, although the

consumption of the raw material had been considerably

in excess of previous years. From these facts we then

drew the necessary conclusion that the country was

absorbing more than the current production, and hence

which shall check consumption.

These facts have a bearing also on the future of cotton,

which a brief review of last year's market may help us

to interpret. The general course of prices last season

was a falling one, the only important exception

being the rise in March, after which decline followed to

August, when there was only a small part of the

advance that usually marks the last month of the season,

because no one suspected the large increase of that year's

consumption in Europe and America (more than absorb-

ing our big crop of 4,660,000 bales) while the growing

crop was regarded as promising the largest out-turn ever

made except in 1859. In the crop of 1875-6 was a great

quantity of low-grade cotton, excellent in staple, but

wasty. This caused a wide difference in price between

grades, until near the end of the season. The following

are the quotations at the end of each week, from March

4 to the close of the season, for upland cotton in

New York, distinguishing ordinary, good ordinary and

middling:

1876 Ord. G. O. Mid. 1876 Ord. G. 0. Mid.

March 4.. . 9 1-16 10 9-16 ISM June 3. . 8 9-16 9 15-16 13

•> 11.. . 9 8-16 10 11-16 lSJf" 10.. . 8 9-16 9 15-16 IS

>• 18.. . 9 5-16 10 13-16 UH '• 17.. . S 11-16 10 1-16 IS*

• < 25.. . 9X UK 13 5-16 " 84.. . 8 11-16 10 1 16 12*

April 1.. . 9 13-16 11 5-16 13* July 1. 8 9-16 9 15-16 12

" 8.. . 9 13-16 11 5-16 13JiH 8.. . 8 5-16 9 11-16 11*

M 15.. . 9 11-16 11 a-16 18* "15. . 6 5-16 9 11-16 11*

<» as.. . 9 11-16 11 3-16 13X 52. ,S* 9* 11 11-11

'• so.. . 9 5-16 10 13-16 12* "29. . 8 5-16 9 11-16 11 J£

May 6.. . 9 1-18 10* 12 9-1C Aug. 5. . 8*4 10 12

" IS. . 8 13-16 10 3-16 li* itIS. . 9 3-16 10 7-16 12 5-16

ii so.. . 8 11-16 10 1-16 12* "19. • 9* 10* 12*

" 27. 8 5-16 9 11 16 11*Sept.

26.

80.

. 9 8-16

. 8 3-16

:0 3-16 IS 1-16

io i-:6 n

July 7, 1877.] THE CHRONICLE 3

From March 1 to the end of July the difference be-

tween ordinary and good ordinary was lf@Ho.; be.

tween good ordinary and middling, 2@2 l-16c. In

August the differences were l@lic. and lfc. respect-

ively. At the end of September they had narrowed to

|c. aud 15-16C, and now (July, 1877,) stand at 10-16c. and

13-16c. The leading feature in the above table of quo-

tations is the constant decline of prices from April to

near the end of the season, a natural effect of the

threatened very large crop then following one known to

be over 4£ millions bales, while there was yet no indica-

tion of the great inerease in consumption afterwards

discovered. Another effect was to restrain buying for

our mills to the minimum of supply wanted before the

new crop could come in. When that came, the mills

generally were low in stock, and had to buy early and

largely of new eotton. Fortunately, they could get

abundant early supplies from Texas at low prices, con-

stantly falling until the end of October. When the an-

nual statistics appeared, ours to 1st September and the

European to 1st October, it was seen that prices were

very low; there was new and larger demand for cotton

goods at advancing prices, in Europe and here, and all

influences combined to induce spinners to lay in large

stocks of the raw material. Later, in February, came

renewed dangers of war in Europe, possibly involving

many nations; the extraordinary receipts of cotton at

oar ports, which usually are due in January, and a large

movement of cotton from India and Egypt, which, with

our own rapid showing of receipts, gave promise of

supply far exceeding the estimates made in December

and January; the decline of 6@7 per cent in silver, and

a cessation of contracts for goods; and, most potent of

all, a very successful " bear " operation in the specu-

lative markets in Liverpool and New York, carried

on for three months, favored by the circumstances men-

tioned.

During this time spinners almost universally adopted

the policy of working up their cotton and pushing the

sale of their productions. In Europe, stocks (as we

saw last week) are now about exhausted, and hence-

forward what they consume must be taken from the

market, out of the visible supply. Our Northern mills

will require this year, as we have seen from the figures

given above, at least 1,250,000 bales, against the 1,211,-

000 last year. What they have already had and what

they will require for the balance of the season, may be

stated as follows:

The stock of cotton remaining in port, September 1,

1876, was bales.. 120,000

The receipts at port to June 29 were 3,939,000

Total supply to June 29 4,059,000

Export to June 29 2,961,000

Stock in ports, June 29 257,000— 3,218,000

may control it. Last year 120,000—suppose it

this year 100,000

The freight engagements at all the ports for

export June 29, were about 35,000^135,000

Which leaves 20000(>

To supply the home want for spinning 139,000

Leaving for export 61,000

Last September our spinners were bare of stocks, hav-

ing allowed them to run down as the growing crop prom-

ised during the Summer a very full yield. Should any

circumstance lead manufacturers to stock up this year*

of course to just that extent their demand would be

increased and the above surplus for export be diminished.

Taken by Northern mills from ports, to June 29 841,000

Overland to June 29, estimated at 270,000

Total taken by Northern mills to June 29 1,111,000

Required to make the lull supply needed—say 139,000

Year's requirement 1,250,000

With our mills requiring 139,000 bales additional, it is

of interest to see what may be left of this crop for

export after deducting that amount

:

Stock in ports June 29, as above 257,000

Receipts at ports and corrections after June 29, estimated . 50,000

Overland after June 29, estimated 30,000

Total supply after June 29

The stock in ports 1st Sept. is a varying quan-

tity, larger or smaller as demand and prices

... 337,000

THE RESULTS OF PUBLIC WORK IN ENGRAVING AND PRINT-

ING.

In considering and examining the report of the

special committee, appointed on the 20th of March, by

Secretary Sherman, to fully investigate the Bureau of

Engraving and Printing—which report was finished and

rendered on the 28th of May, and has lately been made

public—it is important to keep in mind the source from

which the report comes. It is not the work of an

investigating board appointed by a hostile House of

Representatives, but is from a commission composed of

one person each of the offices of the Treasurer of the

United States, Comptroller of the Currency, and Com-

missioner of Internal Revenue. The presumption is that

a committee thus constituted would be unprejudiced,

none of its members having any motive for either attack-

ing or whitewashing the conduct of the Bureau, and the

disposition of general defense of government adminis-

tration which a government employe naturally, although

unconsciously, takes, is certainly sufficient to dispose of

any suspicion that the examiners in this case went at

their work in the determination to find things to con-

demn.

This fact, we say, is very important to remember

because the discoveries made by the committee are so

monstrous that they would scarcely be credited if issued

by a partisan board. We trust that, our readers have

studied the report. It should be kept before the public,

until the great truth we have so often insisted upon

becomes the adopted principle of our government—tha*

all work not absolutely necessary for the government to

do, be left to private enterprise. In no other way can

we secure in our system of government purity and

economy. But let us note a few of the prominent dis-

coveries this committee has made.

The first is, what would naturally be expected, that

the force employed was greatly in excess of the require-

ments of the actual work done. In one of the divisions

where for a number of years the pay-roll was two or

three times as large as necessary, a platform "to accom-

modate the surplus counters" had been built underneath

the iron roof, and on this mere shelf, on parts of which

there was not room to stand erect, about thirty " women

who had received appointments and for whom room must be

found," were stowed away, who had nothing to do, and

some of whom, by force of idleness and bad air, whiled

away the time in sleep. In the printing division twenty

female " messengers" were found, sixteen of whom were

ostensibly engaged in carrying to the examining division

the sheets as received from the printers ; as soon as a

few hundred sheets were received, one of the messenger*,

who " were so numerous as actually to be in each other's

way," took them on a board and carried them through

THE CHRONICLE. [Vol. XXV.

o narrow passage to the examiners. By suggestion ofthe committee a single man now takes these sheets on atruck and finds time for other work besides. The num-ber of examiners and counters is also excessive. Nationalbank notes go through more than sixty manipulationsindependent of those connected with the necessarymechanical processes; the legal tenders, receiving oneless plate-printing and no surface-printing, are countedand examined forty times. In April, 1876, the pay offemale employes was reduced from $1 75 to $1 50 aday, by direction of the Secretary, not for economy, butin order to expend the saving in the employment ofmore people, " the reason assigned for this action beingthat the pressure for place was so great that somethingmust be done to satisfy the demands made upon theSecretary," and to such an extent was this practice ofusing the Bureau as a political almshouse carried thatthe large appropriation, over $2,000,000, for the lastfiscal year was spent in about seven months, thus com-pelling the stoppage of work and the discharge of 1,700persons, although the money was ample for the wholeyear with proper management.Hence it is not surprising to learn that on May 1 there

were on hand 18,716,266 sheets (280,000 pounds) of thedistinctive paper, costing $300,000, of which nearly3,500,000 sheets, made for issues long ago discontinuedand in sizes unavailable for any other use, are likely tobe a total loss to the government; that a large lot ofcheck-paper, also, is of a kind no longer usedfor checks, and is good for nothing else; thatat the present rate of printing, the 4,000,000sheets of bank-note paper on hand will last nearlytwo years, and the 7,000,000 sheets of legal-tender paperwill last over six years; that 300,000 sheets for the U percent, loan would have been a liberal estimate, but thatmore than seven times that quantity has been made andpaid for; that 23 persons are now employed in theengraving division, at a cost of $41,000, although the 4per cent bond is the only thing requiring any new workof consequence

; that an exceptionally expert head-engraver is still employed on heads at his own house, atthe high price of $650 each, although 107 portraits arenow on hand

; that although thirty of them have never yetbeen used, and the law forbids using portraits of livingmen on notes, bonds, and other securities, " it is the prac-tice of the Bureau to have engraved the portraits ofevery Cabinet officer and of such other prominent publicmen as may be selected." The requisitions for thesesupplies were made by the Bureau, and the committee" have no hesitation in saying that the ordering of suchinordinate quantities of a distinctive paper, availableonly for special purposes, was in reckless disregard ofthe interests of the government; whatever may havebeen the motives, it was certainly fortunate for themanufacturer that the making of the order was entrustedto such liberal hands."But it is unnecessary to multiply these typical illustra

tions of a condition precisely what any intelligent personwould expect under similar circumstances. The govern-ment rule of the past has been to crowd every depart-ment of our civil service full of political dependents,"just to take care »f them," the problem being alwayshow to find work for persons, instead of how to find per-sons for a specific quantity of work. Beform means,therefore, first, a simplification of the government ; thelopping off of all useless or unnecessary bureaus, andthus reducing the official army to the lowest possiblepoint. The items, as well as the suggestions, of lossmentioned above are enough to illustrate that this Bureau

has also always been a loss to the government. It is notin the nature of things that public work can be done as

cheaply as that of private concerns which are subject tocompetition and must bear their own losses.

Possibly the reader may be surprised to learn thatthis huge and growing machine, whose head receives

$4,500 salary, but is neither appointed by the Presidentnor confirmed by the Senate, has no definite legal status,

there being no law for its existence even, except thatsection 2 of the loan act of July 11, 1862, authorizesthe Secretary to cause "the said notes" (named in theact) to be executed in the Treasury, and " to purchaseand provide all the machinery and material and to em-ploy such persons and appoint such officers as may benecessary for this purpose." From such beginning hasgrown this unregulated excrescence, employing nearly1,000 persons. The committee make many recom-mendations, upon the assumption that the Bureau is tobe continued, but their main and final recommendationis that it be abolished; they would "relegate into pri-vate hands the business of printing the public securities,"

merely affixing the seal at Washington as an attest.

Every statement in their report is an argument againstthe extension of governmental functions, and the wayto reform this Bureau is to do away with it entirely; its

existence has not accomplished one even incidental good,but has jeopardized many interests and been only an-other evil to be removed. The committee, summing up"its past history, looseness and extravagance, andthe scandals to which it has given rise," rightly saythat it furnishes "the strongest possible argumentagainst the engagement of the government in branchesof industry which are ordinarily left to private enter-prise." And this is the moral which the results of theinvestigation teach.

THE METRIC SYSTEM OP WEIGHTS AND MEASURES.

Some weeks ago, a blundering Washington dispatchin respect to the use of metric measures in rating letters,

called out a correction from President Barnard, ofColumbia College, who is also President of theAmerican Metrological Society. Probably the incidentattracted slight attention from persons not alreadyinterested in the subject, and probably only a smallnumber even of business men are aware of the law as tometric postage or have acquainted themselves with (heproposed plan

; it may, therefore, not be ill-timed to setforth the nature and advantages of the system.

Certainly no intelligent person can doubt that the oldsystem of weights and measures—calling it " system "for convenience—needs reforming. The dozen or moretables of the arithmetic are a distress to childhood, andhardly any adult except teachers retains them in memory.We have in use lines, barley-corns, inches, nails, ells,quarts, quarters,quarterns, gallons, pecks, bushels, coombs,minims, noggins, kilderkins, firkins, barrels, butts, pipes,puncheons, tierces, hogsheads, scruples, carats, grains,drams, pennyweights, and many others, the nomen-clature alone being as hard a tax upon the memory asany of the rules in Latin orthoepy. We have 32 gallonsin a barrel of cider, 31* or 36 in one of ale or milk, 30in one of fish, 42 in a tierce of oil, 63 in a hogshead oft^ine, 54 m a hogshead of beer, 2 in a peck of grainetc.; there are 268 4-5 cubic inches in the "dry" gal-lon, 231 inches in the wine gallon, 282 in the beergallon, etc.; the English pound Avoirdupois is heavierthan the pound Troy, but the ounce Avoirdupois islighter than the ounce Troy; the "ton" is 2,000 and

July 7, 1877.] THE CHRONICLK

2,240 pounds, according as it is " long " or ordinary; 12

units make a dozen, and 20 units a score ; 24 sheets of

paper make a quire, and 20 quires a ream, etc., etc., etc.

Take "long" measure, "for example, and wo go from

barley-corns to inches, feet, yards, rods, furlongs, miles,

and leagues; we multiply by 3, 12, 5$, 16$, 40, 8, and

3, and in reduction back reverse this order; the mile is

"statute," "geographical," "nautical," and each unlike

the rest. We could fill a column with a statement of

these contradictions, inconsistencies, and absurdities;

suffice it to say that the whole is arbitrary, without

unity or connecting link, there being no relation between

the different kinds of measurements, and everything

being exception and not by rule.

Of course, in a sense, all measures are arbitrary, since

they .are only an artificial system of reckoning. Whatis essential in them is unity, simplicity and convenience;

but these are precisely the qualities which the existing

method lacks, it having been framed" without study

and adhered to because of the lack of anything better

and the difficulty of changing. Probably the chief

reason of the defects of the present measures is their

lack of a definite unit-base, and with supplying such a

base the metric system begins. Its unit—the meter—is

the ten-millionth part of one-fourth of the earth's cir-

cumference—equivalent to 39 -37 inches—and the metric

system consists of these two rules: extending the unit

meter through all tables, and using the decimal 10 as

the rate of progression throughout. We have to meas-

ure: the length of things, the weight of things, the sur-

face of things, and the capacity of things; and this is

done by the same meter, multiplying and dividing by

10, thus extending the decimal system which makes our

money-reckoning the most perfect in the world. This

is the key to the new system, and the following is the

table of length, the equivalents by the measures in

present use being added:

1 millimeter equals -0OI ef a meter 0-MW inch.

1 centimeter equal* -01 of a meter 0-3937 inch.

1 decimeter equals -1 of a meter S'987inchee.

1 meter equals 1 meter 39-87inchesI decameter equals 10 meters 89S7 inch' s.

1 hectometer equals lOOmeters 8,937inches.

1 kilometer equals 1 000 meters 0T.S137 miles.

1 myriameter equals 10,000 meters 6 '2 37 miles.

The measure of weight is the (/ram, that of capacity

is the liter, and that of surface the ar, each of these

being used as the word meter is used in the table above.

The milliliter is the centimeter cubed, or the cube whoseside is a centimeter square; the liter is a cubic decimeter,

or a cube whose side is a decimeter square; the gram is

the weight of a milliliter, or a cubic centimeter of dis-

tilled water; the kiloliter is a cubic meter, and the tonneauis the weight of a cubic meter of water; the centiar is

the square meter, and the ar is 100 square meters. Themeter is first taken as the base-unit of length, and is

divided successively by 10 to get smaller measures, andmultiplied successively by 10 to get larger ones; then, to

get measures of capacity, these divisions of length are

cubed, and to get measures of surface are squared; to

get weight measures, the weights of the cubed meterand its divisions in water are taken. However strange]

and puzzling these measures may seem when thus quotedsingly, they are clear to the eye in the tables and are

the simplest conceivable; we have quoted them to showhow the measures of weight and capacity are derivedfrom the original meter of length, so that, when one is

familiar, all are, instead of having a dozen tables of

varying names and multiples, without any link or rela-

tionship between them. As to comparative convenience]of use, it is superfluous to comment at length, for the

utility of the decimal notation is familiar to us all in our

money and in percentages, and the metric compares with

the old tables as the human hand with the horse's

hoof. For example, to reduce cubic inches to perches

and feet, we must divide successively by 1,728 and 24f

;

to reduce 1543514 centimeters to kilometers, <fcc, wehave simply to point off the figures thus: 15,435,14, and

read 15 kilometers, 435 meters, and 14 centimeters; to

reduce 1543514 inches we must divide by 12, 3, 5$, 40

and 8. Some reductions cannot be performed by the

present tables, except approximately. -

The meter itself dates back to 1790. President

Washington urged upon Congress the importance of a" standard at once invariable and universal"; President

Madison, in 1816, spoke in his message of " the great

utility of a standard, fixed in its nature and founded on

the easy rule of decimal proportions ;" Jefferson wished

to reduce " every branch to the same decimal ratio

already established with coins ;" John Quincy Adamswent s,o far as to call the metric system worth more than

the steam-engine as a labor-saving* machine ; and the

opinion obtained by inquiry of English teachers, several

years ago, was that the full adoption of metric meas-

ures in England would save $1,750,000 a year in school

expenses and two years of the school-life of every child.

It was completely adopted by the French in

1840, and since 1863 it has been adopted by Portu-

gal, Greece, Belgium, Spain, Austria, Germany,

Italy, Holland, Brazil, Great Britain and others; in Ger-

many and most of these nations its use is compulsory;

in 1866 its use was legalized in the United States. The

coinage act of 1873 declared the legal weight of the

half-dollar 12$ grams, thus putting the silver on the

metric basis, and the other coins are on it within a very

small fraction. Architects, civil engineers, and other

classes of professional workers have, for years, used the

foot divided into tenths; foreign orders for American

manufactures are generally metrically expressed, and

the American Watch Company has voluntarily adopted

metric scales exclusively for its own use; our commerce

is largely with metric countries; the International Postal

Union, ratified at Berne in 1874 by a treaty to which the

United States is a party, includes 21 nations, and

expresses its rates exclusively metrically, and all the

mail matter between this and European countries has

for several years been metrically weighed. In pursu-

ance of the law of 1866, metric scales have been fur-

nished to a number of post-offices, 15 grams being taken

as equivalent to the half-ounce; this rating is not yet

generally used for domestic postage, but business menwill be interested to know that as 15 grams are -53 of an

ounce, they can reduce their postage on foreign corre-

spondence 6 per cent by procuring and using metric

balances.

Space will not allow detailing the progress the new

system is making; we can only say that metric scales

have been furnished to every State; that the system is

fast making way into the colleges and schools; that it is

the only system of measures properly called a system,

and that it is simplicity and perfection. Its merits have

passed beyond discussion, and it is already the inter-

national system, certain to become the only one in use.

FINANCIAL RBV1EW OP JINK.

There was no event of special importance in June, except the

completion of the Treasury agreement with the new Syndicate

for placing the four per cent loan. The loan, until July 16, is

open for subscriptions at par in gold, and after that time it is

supposed that the price will be advanced If the demand warrants

such a movement.


"The money market ruled at the extreme point of ease, with a

large accumulation of idle funds at this centre. In government

bonds, prices varied with the fluctuations in gold and with the

prospects or changes of opinion as to the new loan. The greate

the chance that the old boDds will soon be called in, of course,

the more closely does their price approximate to par in gold. The

funded 5s of 1881 and the 4i per cents, now closed out, were

among the strongest issues.

In city bonds and the best classes of railroad bonds the tend-

ency of prices was towards increased firmness, while railroad

stocks of all sorts were generally depressed under reports of

decreased earnings and a smaller volume of tonnage than last

year.

In gold, the principal movement was a considerable export, the

extreme range in price being from 106$ on the 1st to 104J on the

12th, and thence to 10oi at the close. Foreign exchange was

governed almost entirely by the bond movement toward this

country, and the demand for bills came largely from the bankers

handling bonds, who were also the shippers of coin.

CLOSING PRICES OF GOVEBNMENT SECURITIES IN JUNE, 1877.

,-68, 18SI—. ,-5-208, Coupon^ ,—10-408—, r-5s, 1831^ ,-4*s,'91-^ 6s,

June reg. coup. '65n. 1867. 1868. reg. coup. reg. coup. reg. coup. cur.

1. xlluv 115 110 113 .... 113 liaSi 111 111 107 Xl07 xl22%2 110% 115 109% 112% .... 111% 112% 110% .... 106% H6% 122%8 S4 110% 115 101% 113% .... 111% 113% llCJi 111 106% 106% ....

5 Ill . .. 110 113* 116% H2% !0'X -•

6 110% 115),- 103% 113* .... 112% HI* 107% 107% 121%7. 110% ....100% 112% 112% .... 111% 107% 107% 122%8 110% 115 109*113 116 111% 111% 197% .... 122

9 110% .... 109* 113 .... 112% 112% 111 ... 107% 107% 122

10 SIt 110% .... 103% 112% 115% 112% 112% 110% 111 107% 107% ....

12 110% 112% 115% 112 ....110% .... 107% 107% ....

18 110% 114% 109% 112% .... 112% 112* ..11! 107% 1U7% ....

14 110% 114% 109% 112% .... 112% 112% 111 HI 107% ....122%15 110% 114% 109% 112% 112% ... 110% 10;% 107% ....

16 112* 111% 111% 107% 107% ....

17 S

RANGE OF STOCKS IN MAT AND JUNE.

Railroad Stocks. Open. High.

18 110% . ..

19 110% 114%20 110% ....

21 Ill

2S 111% ....

23 110% ....

109% 112%

109% 112%109% 113109% 113%109% 112%

28 114% 109% 112%26 110% 114% 109% 1U%27 110% .... 109% 112%28 K0% 114% 109% 112%29 in 114% 109% 112*30 110% 115 109% 112%

.... 112% 118% 111 111 107% 107% . ..

.... 112% 112% 111 111% 107% 107% 122%

.... 112% 112% 111 111% 107% .... 123%112% .. 111% 111% 108 108% ....

.... 112% 113 111% 111% .... 108% ....

.... 112% 112% 111% 111% 106% 108% ....

8111% 108% .... 122%

.... 112%

.... 112 112% ... 111% 108% .... 122%

.... 112% 112% .... 111% .... 10S* ....

.... 112% 112% ....111% ....108% ....

.... 112% 112% .... 112 .... 108% ....

Openingl!0% 115 110 113 116% 112 112% 111 111 107 107 122%Higb.est.111% 115% 110 113% 116% 112% 113 111% 112 103% 108% 122%Lowcst..ll0* 114% 109% 112% 115* 111% 112% 110% 110% 10S% 106% 121Closing. \l0y, 115 109% 112* 115% 112% 112% 111% 112 108% 103% 122%

Albany & Susquehanna. 73Central of New Jersey.. 9%Chicago & Alton 91%

do pref... 106Chicago Burl. & Quincy 101%Chicago Mil. <fc St. Paul. 18*

do do pref. 48%Chicago & Northwest ... 20%

do pref. 44%Chicago & Rock Island. 90%Cleve. Col. Cin & Ind . . . 25Cleve & Pittsburg, guar. 86Columb. Chic. & Ind. C. 2

Del. Lack. & Western. . . 48%Dubuque & Sioux City. . 42%Erie 7%Hannibal & St. Joseph. . 10%

do do pref. 22Harlem 133Illinois Central 55%Kansas Pacific 2Lake Shore & Mich. So. 50%Louisville & Nashville. . £0Michigan Central 41%Mo. Kansas & Texas 4%Morris & Essex 72New Jersey 133New Jersey Southern.. . . %N. Y. Cent. & Hud. Itiv. 93%N. V. N. Haven <Ss Hart. 147Ohio & Mississippi 4%

do pref. . 12Pacific of Missouri 2Panama 89Pitts. F.W.& Chic, guar 94Rensselaer & Saratoga. . 98St. L. Iron Mt. & South. 5St. Louis Kans. C. & N. 4

do do pref. 25Union Pacific 65%Wabash receipts 5.Miscellaneous.

PaciflcMail 22%American Dist. Tel 20Atlantic & Pacific Tel. . . -20

Western Union Tel 63%American Coal 40Consolidation Coal 24Maryland Coal 10Pennsylvania CoalMariposa L.&M 4

do prfOntario Silver Mining.. 20V,Quicksilver 15%

do pref 22%Adams Express... 98%American Express 53United States Express . . 40Wells Fargo Express 83%Del. & Hud. Canal 47Canton 20

CLOSING FBICES OF CONSOLS AND U. S. 8ECtJBITrE8 AT LONDON IN JUNE.

Consols U.S.1

[Consols U.S.Date. for I 5-20, 1(M0 6s of New Date. for 5-2.1, 10-40 58 Of New

Money.! 1867.

108%

1881.

107%

4%s.

103 W

Money. 1867. 1831. 4%s.

June 1 94%x 109% June 20 94 5-16 106% 109% 107% 104%•' 2 94% 109% 109 107% 103% " 21 94 3-16 106% 109% 107* 104%" 3

109%lln8%" 22 93 13-16 106^ 103% 107* 104%

" 4 94 7-16 107% 103% " 83 93 li-18 106V4 103% 107% 104%" 8 «4 7-16

94 7-ie-

109)*ll08%

109% [109

1W%107%

103M103%

" 24" 25 94 1-16 106

a...." 6 109% 107% 101%" 7 94 7-16

! 109%i 109 107% :o3* . " 26 94 7-16 106% MX li)7% 104%" 8 94 9-16 ilO9%!l09 :i>v% 104 " 27 91% lOnM 108* 107% 104%" 9 94 11-16109% 109 107% 101* " 28 94% 106M 109* 107% 105" 1C 1 3.... " 29 91*

94 7-161UH*106*

109%109*

108*108*

105*105M

•' 11 94 15-16! 109% 1109% 107% 104% " 30" 12 94 15-16, 109%|109% io;v 104%" 13 94* 109% 109% 107% 101* Open. .

Highest94% 109% 108V 107% 103*

" 14 94 11-16 x6%,109%, wv*; 104% 94 15-16109% 109* M8K 105%" 1594 11-16 ios* ion* 107% 104* Lowest 93 13-16,106 108 *i 107% 103*'• 16" 17" 18

94% 108%! 109%IS....

:o;% 104% Closing8~

(

94 1-16 106%

110%

109*

110%

108%

1P8%

105%

94 7-ie 106% 109* 107% 104* .Sg-{H96% 105^f" 19191% 106% 109% :o7% 104% l=c£ ( L 93 108 101% 105* 102%

739%91%106102%20%61%24*60%95%3388%2

63%42%7%

142614459%251%3046%578%133

%96%152%6%

12298%971005%6%58%695

23%2021%66402410

'o"4%

20%15%23%100*54 vi

428450%20

Low.726%

771069917%46%19%43%90%2583%1%38%42%6%10%21%13750%247%3038%4%66123

%83%

1474%122

94984%425652%

195<2019%60%402410

'i'%2%

20%14%22

95%45%108385%20

Clos.

737

• 77%10610018%48%20%489325%84%1%39%42%6%

12

24%141

53%2

48%3038%566%130*%

90152%4%12296%951005%5%27692%

20%2020

Open.

60780100%99%18*4921%47%92%2484%1

39%

'6%1223%141

53

-Jnne.-High.

62*7%82%

101101

21%51%21*4S%93%2484%1%40%

'6%1528%141%55%

Low.53675%9995%1847%1»%43%90%22

72%%

30%

'5%11%22*136%48

43% 48%

41%5%

69 «127%%

931535%7

402410

4%20%14%22%95%46*4081

36%20

5%66%127%

152%S7

93%985%5%22692

20%18*13%63

26'

10125

1220%14%21%9546%409033

9793%9365%

2269%2%

20%23%20%63%

26"

10125

1

2%21%15229647*479637%

37*5%51%127%

88*1492%6%

94*81%905

3%20%63%%

18%1^%1956%22"'

9%126

1

1%20%1481%92%43%39;-,

8425%

Clos.

62%7%82100*98*19%51%19%44%92%

75%

14%23%13853%

47%

40%5%61127%%

90%149%2%5%

9058%20%66%%

19%222057%

22"

10125

1

2%20%14229545%42%96%£3%

BANKERS' STERLING EXCHANGE FOB JUNE, 1877.

60 days.June 1.. 4. 87 ©4." 2. .4.87 ©4.

8 days.4.89%@4.90%4.89%@4.90%

4. 4.876. .4.876. .4. 67

7. .4.87

8. .4. 879. 4.871011. .4.87

12.. 4. 8713. .4.8714. .4. 8715.. 4. 8716. .4.37

©4.88©4.88©4.83©4 88©4.83

4.89%@4.90*4.89%@4.90%4.S9%@4.90%4.6M%@4.90%4.89%@4.90*4.89%@4.90%

@4.f8(,74.88

at>s©4.83©4.88©4.88

4.89%©4.90S*4.89%@4.90*4.S9%@4.90%4.89%@4.90%4.89%©4.«0%4.89%@4.90%

60 days.Junel7 S." 18. 4.87 ©4.S-8" 19. .4.87 ©4.88" 20.. 4. 87" 21.. 4. 87" 22. .4.87" 23..4.M-

3 days.

©4.85CA4.SS<T"U ,-s

©4.8S

4.89%@4.90%4.89%@4.90*4.89%@4.90%4.89%@4.90*4.8P%@4.90%4.89%®4.90*

4.S9%@4.90%4.89%@4.90%4.83%@4.90%4.8»%©4.S0%4.89%®4.90%4 89%@4.90%

Range. ..4. 87 ©4.88 4.89%@4.90%

25. .4.8726!. 4. 8727. .4. 8728. 4.8723.. 4. 873D. .4.87

©4.88©4.88©4.88©4.88©4.58©4. Si

COURSE OF GOLD IN JUNE, 1877.

Date.

106*105%

105%105%

105%105%105?i105 r.

105%105%

105%105%105%105*105 'i

105%

10

Friday...Saturday 2Sunday... .

Monday...Tuesday....Wednesday.Thursday...Friday 8Saturday It

Sunday 10Monday 11Tuesday 12il04%Wednesday.. .13 105Thursday 14 105Friday 15 105Saturuay 16 105Sunday 17

Monday 18 105%Tuesday 19 105% 1 105*Wednesday... 20 105% 105%Thursday 21 "

Friday 22Saturday. .. 23Sunday 24

101%una10t%1051115

103

105%

iwx106

105%105%101%105%105%105'

105

105%105*

105%105%

105%105K105%105*105%105%

104%105

105%105* 105105%105%

105%103*

. . '-05%105* 105'-, 105%I0'i% 1 105%ll05%105% 105% U'5%

105

105%

195%105%:06%li 5%105%105%

Date.

Monday 25Tuesday 26Wednesday... 87Thursday. ...23Friday 29Saturday ... .80

June, 1877..,1876..1875..1874..

" 1873.

.

" 1872.." 1871.." 1870.." 1863..'• 1868.." 1867" 1866." 1865.'• 1864," 1863" 1862

Since Jan. 1, '77.

BeO

105%105%103

105%105*105%

106%112%116%

A105%105*105105%105%105%

104%111%16%

ii8!% no*117%I115

105*105%105%105*105%105%

*.06%

113

117%

105*1U5%105%105*105%105%

105%112%117

114%111%114%138%139%133 -,

140%138191

146%101%107%

118

111%110%136*:39%186%137%135*19 i

140%103*104*

112*|llli 118% 1115%114%113%114%139%111%m%!67*'47%850148%'0'*1(.7%

113%113

111%137%140%13<%'•53%

141

847%141*109105 >£

TJ. S. Treasury Statement.—From the Comptroller of the

Currency, Hon. John Jay Knox, we have the following statement

of the currency movements and Treasury balances for three

months past:

77.5. Bonds held <» security from NaVl B'ks.— "April.

ltouds for circulation deposited $5,655,500

Bonds for circulation withdrawn 5,461,000

Total held for circulation 840.732, 100

Bonds held as security for depo.-its 18,864,000

May.$4,791,8005,111,800

340,415.100

18,889,000

June.$4,953,0506,654,550

338,718,600

18,857,000

The following table will show the opening, highest, lowestand closing prices of railway and miscellaneous stocks at theNow York Stock Exchange during the months of May and June

Legal Tender Notes.—Deposited in Treasury under act of June 20,

1874 536,959 644,240 1,425,100

Total now on deposit, Including liquidatingbanks.... 15,384,418 14,327,552 13,93S,802

Retired under act of January 14, 1875 1,161,800 1.081,824 648,248

Total retired under that act to date 50,503,596 21,587,4;'0 22.285,663

Total amount of greenbacks outstanding. . 36:,494,4Q1 361,412,580 359,764,332

National Sank Circulation.—New circulation issued 1,453.250 1,352,580 810,310Circulation retired 1,415,491 1,739,105 2,121,410

Total circulation outstanding-Currencv... 318,864.667 317,661,092 315,020,247

Gold 1,428,930 1,432,120 1,428,625

Notes received for redemption from—NewTork 8,°89,000 10.111,000 10,500,000

Boston 6,145,000 8,307.000 8,300,000

Philadelphia 917,rO0 1,428,000 1,000.000

Cincinnati 527,000 159,000 65,000Chicago £01,000 197,000 237,030Miscellaneous 4,134,000 5,930,000 7,787,000

Total $20,976,000 $26,182,000 $27,829,000

Treasury Movements.—Balance in Treasury—Coin 105,439,741 10M37,0?8 115,122,473

Currency 8,895,146 7,513,615 7,930,27*Currency held for re-

demption of frac-tional currency 7,762,271 7,953,226

Com certificates outstanding 49,712,700 45,407,500 41,571,300

JULY 7, 1877. J THE CHRONICLE'

THE DEBT STATEMENT FOR JUNE, 1S77.

The following is the official statement of the public debt as

appears from the books and Treasurer's returns at the close of

business on the last day of June. 1877

:

Debt bearing Interest In Coin.

Character of Issne.

5»of 1858Ssof 1881

(a, Oregon War6»of 1881

6»of 1881

5a,HM0'i6a, 5-aOo of 1865.

6s. 5-Sfs of 1865, new.6«, 5-20eof 18676a,5-20sof 1868

it. Funded Loan, 1881

4*B, do. 1891

4s, do. 1901

Anth'rlzlngAct.

Juno 14,

Feb. 8,

March 2,

July&A.March .1,

March 3,

March 3,

March 8,

March 3,

March 3,

July 14,

July 14,

Julv 14.

18741 Still

1-81

188118811904

1888i8-r>

1887188318811891

1901

InterestPeriods

* J.

& J.

& J.

& J.& J.

M. & S.«M. & N.J. <fc J.

J. & J.

J. & J.

Q.—F.CJ.-M.

Aggregate of debt bearing interest In coin $830,89ii.CO3 $867.492,500

Bonds Outstanding.

Registered. Coupon

$260,00013,815,000

126,238,00053.777,400

142,010,4501.3S6.700

69,568,550

97,889,750!.-,.i;<;.-..ino

219,135,55090,619,500

4,600.000945,000

63,OS3,&')0

21,422,60052,555,850

18,601.200133.088.500

118,781,021,808,COO

289.804,70049,350,500

The Blzes or denominations of each Issue of bonds are as follows: (a) Coupon$1,000, registered *5,000. (o) coupon $1,000, registered $1,000, $5,000, $10,000.

(c) $50, $100 and $500. (d) coupon, $50. $100, $500 and $1,000, registered, sameand also $5,000 and $10,000.

* Coupons of $50 and $100 bonds are paid annnally in March.On the above issues of bonds, there is a total of $7,255,018 of Interest over-due

and not yet called for. The total current accrued interest to date is $33,246,172.

Debt Bearing Interest In Lawful money*

i Principal. Interest

3s, Navy pension, Act July 2V68, Int. appl'donlyto pens'ns '$14,000.000 $210,000

Debt on Which Interest Has Ceased Since maturity.There is a total amount of over-dne debt yet outstanding, which has neve r

been presented for payment, of $16,648,860 principal and $163,973 interest. Ofthis amount, $15,805,250 are on the " called'' five-twenties.

Debt Bearing no Interest.

Character of Issue.

Old demand notes \

Legal-tender notes ...<

Certificates of deposit.

.

Fractional currency. . -<

Coin certificates

AuthorizingActs.

July 17.

Feb. 12,

Feb. 25,

July 11,

Mar. 3,

June 8, '72.

July 17,

Mar. 3,

June 30,

<m'68 .;

tH i

Mar. 3, '63.

IS8UCS.

Prior to 18698erics of 1869Series of 1874Series of 1875

FlTBt....

SecondThird...Fourth.Fifth...

Amount.

$22,489.98:!

181,192,68353,01^,812

101,981,454

4,-01.1 H'

S,114,1M3,038,125

4,811,0556,120,695

Aggregate of debt bearing no interest $476,764,031J

Unclaimed interest 7,5'J*

Total.

$63,363

359,

51,

764,352960,000

405,137572.600

IMPORTS AND EXPORTS FOR MAT, 1877.

Statement, by Customs Districts, showing; the values of mer-

chandise imported into, and exported from, the United States

during the month of Mar, 1877

:

CustomsDistricts.

Import;

$

,—ExpoDom'tic

f

rts

For'n

$

CustomsDistricts.

Imports

|5,488

. Exports.—

>

Domestic For'n.$ 1

Alaska, A.T. Mobile, Ala... 887,716Al'mrlc, NC. Montana, Ac.

.

• *..

Al'xdria.Va. 839 Nantncket,M« ,... ... ....

An'polls, Md Natchez, MIsb .•Ap'chcola, F Newark. NJ.

.

805 1,859

Aroost'k.Me 4,694 N Bedford, Ms 120 1,899

Baltimore.. 3,421,158 3,156,928 11,471 Nburyport.MsNw Haven, Ct

55.053 • ...

Bangor, Me. 861 80,035 160,676 29.390 54B'stable, M's N London, Ct 77.727 . . ..

Bath. Me. .. 4,049 6,429 N Orleans, La 1,005,977 5,309,283 7,881Beaiifort.NC Newport, K.I.Beaufort, SCBelfast, Me.

124 84,134 New York,NY 28.477,867 22,225,i85 94<

1,981 6«9 Niagara, N.Y.Norfolk, Va.

.

138,277 »50 7,418Boston, Ms.. 6,139,667 3,410,026 79,628 140,385 ....

Brazos, Tex 76,114 134,319 44,779 Oregon. Or. .

.

341 ....

Bridget'nNIBr'l&W'n RI

O'gatchle, NYOswego, NY..

63,775 88.831 ....

214,4:2 197.976

Brunsw'kGa 990 119,584 Pamlico, NC 1,434 noButrCrk, NY 162,740 tojm P del Norte, T 8,841 • -..

Bnrl'ton, NJ P'quoddy, Mo 37,449 118,067 136CVlnc't.NV 38,152 71,036 P. River, Miss 29.1 17

Castine, Me. Pensacola, F.. 971 UDJMChmprn.NYCharlstn, 8C

157,517 229,160 P.Amboy, NJ. 231 tr-

30 921,471 .... Petersburg,Va ie 18,794

Ch'stone, Va Philadelphia..Plymouth. Ms

2,278,784 3,188,222 6,217Chicago, III. 20,503 778,347 188 B.000

Corpus Chris Portland, Me.. 314,983 180,124 12,749Cuyahoga, ODelaware, D

18,336 143,016 Po'mnuta, NH 1,076 ....

1,986 Providence.RI 16,053

Detroit, M'h 90,163 240,891 2,7e9 Pt. Sound, WT 4,664 66,852 ....

DuLath, Mn 3,577 8,3ol Richmond, Va • ••. 206,061 ....

Dunkirk NY Saco, Me ....

EastDist,Md 4,050 S. Harbor, NY ....

Edgurt'n.Ms Salem, Mass.. 1.8 ;2 11,240

Erie, Pa.... 2,0-52 11,404 Salurla, Tex.. 12,978 69,821 9,497Fairfield. Ct Sit San Diego, Cal 8.654 4,838 .-.»

F. Kiv. Mass Sandusky, O. 3,615 10,456

Fernandina. 14 9,872 S.Francisco.C 2,547.463 895.090 69.484

F. Bay, Me. Savannah, Ga 952 127,299 2,900Galvest'n, T 10,433 783,253 S. Oregon, Or ...

.

Geuesee.NY 23,897 57,770 St Aug'tine.F .... . . . ....

Goorge'n.DC St John's, F.. 900 ....

George'n.8 CGlon^ter, Ms

5,726 St Mark's, F.. ... ...»

9,848 250 St Mary's, Ga 18,361 ...•

(it KIIar.NJ Stonington CtHuron, Mich 120,005 1,3 Snperior,Mich 2,153 3,245 ....

Enbunk, Me Tap'nock, Va . .. ....

Key West, FL E liar, NJ

not rep. 73,«u7 Teche, La. .. ....Vermont, Vt. 808,U 3 112,259 ....

Machias, Me 18,062 80 Vicksb'gMiss ....

Mar'head, M 377 472 Wal'boro, Me 399Miami, Ohio 45 271,812 Willamette.O. 1 not rep. ....

Mic'gun, Mh 10 6,003 Wilm'ton. NC 1,368 194.976 ....

M'town, Ct. Wiscasset, Me 1,170 8,522 ....

Milwank, W 21,197 61.776 York, Me . .

.

Miu'sot'i, M. 4,202 2:2,884 5,034 Yorktown.Va ....

Recapitulation.

Dkbt bearing Interest in Coin-Bonds at 6 per centBonds at 5 per centBonds at 4X per centBonds at 4 per cent

Total debt bearing interest in coinDebt bearing Interest in Lawful Money—Navy pension fund at 3 per cent

Debt on which Int. iias ceased since Maturity,Debt bearing no Interest—Old demand and legal tender notesCertificates of depositFractional currency.Certificates of gold deposited

Total debt bearing no interestUnclaimed interest

AmonntOutstanding,

$854,621,850701,266.650

140,000,000

$1,697,833,500

14,000,000

16,648,860

$859,828,29454,960,00:

50,403,13'

41,572,600

$476,764,031

Total $2,205,801,312Total debt, principal and interest, to date, Including interest duenot presented for payment...

Awm-NT in the Treasury—CoinCurrencyCurrency held for the redemption of fractional currencySpecial deposit held for redemption of certificates of depositas provided by law

TotalDebt, less amount in the Treasury, June 1, 1877Debt, less amount in the Treasury, May 1, 1877

Decrease of debt during the past month.Decrease of debt slnco June 80, 1876

Interest.

$40,501,221

210,000163,973

7,591

$10,682,791

2,246,184,183

115.122,473

7,980.2717,918,2:3

54,960,000

*180,0J5.9<02,.160,158,2".8

2,063,377,342

$3,219,1198J.281.121

Bonds Issued to the PaclAc Railroad Companies, InterestPayable In Lawful money.

Character of Issae. Amonntputsland'g.

Interestpaid by

United St's

Interestrepaid bytr'nsp't'n.

Balance ofInt. paidby U. S.

$25,685,1206,303,000

27.216,512

1,600,0001,170,560

1,828,320

$13,851 ,85s

8.671,16814,835,610

955,808699,730829,252

$2,r65,824

1,531,6804,737,041

58,4989,367

62,576

$11,292,0342,189,4339,548,569667,3*9890,3ns

Central Branch, Union Pacific.

Bioux City and Pacific

$64,828,512l

$34,018,923 $8,514,489 tmjm.*u

The Pacific Railroad bonds are all issued nnder the acts of July 1. 1862, andJnly2, 1864; they are registered bonds in the denominations of $1,000, *5,tX)0and $10,000; bear 6 per cent interest in currency, payable January 1 and July 1,and mature 30 years from their date.

The following are the totals for the month of May:Imports. ..$43,404,614 | Domestic exports. $16,793,852 | Foreign exp'ts... $923,953

Specie value of domestic exports, 8 13,S3 "',351.

Comparative statement of the impDrts and exports of the

United States for the month ended May 31, 1877, and for the

eleven months ended the same, compared with like data for the

corresponding period of the year immediately preceding:

Corrected to June 27, 1817.

[specie values.]

, is:

Monthof

May.

Month 11 Mos.of ended

Mav. May 31.$41,043",831 $4sO,'J59,150

1,211,148 13,389,283

11 Mos.ended

Merchandise. May. May 31.

Exports—Domestic $43,8(5,851 $547,569,201

Foreign 923,953 11,857,423

Total .. $14,759,809 $559,156,627 $42,3:5,029 $494,348,433Imports 45,404,614 402,997,159 81,739.591 426.809,439

Excess of exports over imports $ $150,459,468 $4,575,438 $67,518,994Excess of imports over exports 644,805 »

Gold <ft Sitter (coin <t bullion).

Exports—Domestic $11,428,541 $37,576,608 $3,937,07Foreign 2,422,216 11,569,861 284.27

$44,920,2455,338,621

$9,171,354 $50,258,866705,686 14,688,887

Total $13,850,757 $49,1S5,9H9

Imports 898,648 39.223,344

Excess of exports over Imports $12,957,114 $9,912,625 $8,465,468 $35,570,479Excess of imports over exports

Total Merchandise and Specie.Exports—Domestic $55,264,092 $585,145,812 $49,980,958 $525,879,395

Foreign 8,846,174 28,416,184 1,505,425 16.722,904

Total $58,610,516 $606,512,596 $51,486,3^8 $544,602,299Imports 46,298,257 442,220,503 33,445,477 441,498,898

Excess of exports over imports $12,312,3J9 $166,372,093 $18,040,906 $103,109,473Excess of imports over exports

Poor's Manual of Railboads.—We are indebted to thePublishers, Messrs. H. V. & H. W. Poor, for the new volume ofPoor's Manual for 1877-78. This book hns now become such sstandard publication that it needs no introduction to our readers,

and it is only necessary to say that the volume appears larger

and fuller than any of its predecessors, and the introductorymatter and general statistics, from which we have already quotedat some length in the Chronicle, occupy no less than 51 pages.

—Mr. Edmund D. Randolph, lately appointed Cashier, hasnow been nnanimously elected President of the ContinentalNational Bank, in place of Mr. Charles Bard, resigned. Mr.Bard continues as Director of the Continental National Bank,and, by request, as Chairman of the Finance Committee, whilethe bank is fortunate in securing a man of the experience andhigh standing ot Mr. Randolph as its President.

8 THE CHRONICLE [Vol XXV.

tateat iflottetarg ano floinmerctal ffitgltgl) Nem a

BATES OF EVCHWUB AT LONDON AND ON LONDONAT LATEST DATES.

EXCHANGE AT LONDON-JUNE 22.

EXCHANGE ON LONDON.

ON— TIMS. RATE. LATESTDATE.

TIME. SATE.

Amsterdam . .

.

3 months. !*.8xai2.4y short 12.08**

25.S7*©25.42,X "25 22M

20.65 ©20.69 3 mos. 20.34

«8.8SJi5li5ST«12.90 ©12.95

thorl. 25.19Paris ...

3 mos. 126.00Berlin 20.65 ©20.69

20.64 ©20.69ehort. 20.46

20.46Frankfort .... "St. Petersburg 34y.@2sy, June 16. 3 mos. 25 23-32" 4iH@n%

90 days. 51 13-'.6@I5-16Milan 3 mod. 2S.12HS28.22X"

2S.12>[email protected] 28.li!V5®28.a2 -

" «%®46& June 16. 3 mos. 47.70New York .... •••• Jiine22 . 60 days. 4.83Bio de JaneiroBahia

May 10. 90 days. 23*@23"i

Baenos Ayres..ValparaisoFernambuco .

.

•••'. May 1.

May 5.

90 days. 42&©«XS3@24

Bombay 30 days. 1«. 8 9-16©& -J. June 21. 6 mos. 1». 8 13-16<i.Vs. 8 9-16©y,d. June 21. "

Is. 8 13-lBi.Hong Kong... .... Jnne 16.

" fc

4s. 0ii<i.June 16.

"6*. 4%d.

. • .

Alexandria June SO. 1 3 mos. 97/,

IFrom our own correspondent.1

London. Saturday, June 23, 1877.

The money market has continued to rule extremely quiet, andthe rates of discount have had a downward tendency. It wasexpected in a few quarters that the directors of the Bank ofEngland might possibly reduce their minimum rate of discount,and the Bank return published this week would certainly havejustified a fall of one half perct., but no alteration has been made.The statement is very satisfactory ; the total reserve has beenaugmented by as much as £1,177,738, the circulation of notes andof Bank post-bills having been diminished by £336,096, whilethe supply of bullion has been augmented by £854,368. In thetotal of "other securities" there has been a decrease of £318,822.showing that the demand for money has been very moderate,though it may be mentioned that the item still figures for£18,444,770, against £16,901,002 last year, being an increase ofabout £1,500,000. Although the demand for money is at a lowpoint, there is some improvement apparent compared with twelvemonths since. Last summer, owing to the fact that enterprise andtrade had fallen to the almost lowest ebb, there was scarcely anydemand. The rate was only fifteen shillings to one pound percent per annum, and the proportion of reserve to liabilities in-creased to 6311 per cent. No such strong position is expectedthis year

;nor is it desirable, as it only points to the conclusion

that there is a great want of enterprise, and that trade is slack.Assuming, however, that the war continues to be localized, theBank is likely to gain strength during the next six week's, asmoney will be flowing in from various quarters, while, as usualduring the summer months, trade will be on a limited scaleThe proportion of reserve to liabilities has increased this week tonearly 47 per cent, and it is more than probable that before theautumn trade sets in it will reach a point which will give confi-dence, and which should, if political events permitted, afford astimulus to trade. The rates for money are as follows

:

_ ,_ Percent.|Open-market rates: per .,.,Bank rate. 3 | 4 mouths' bank bills.... 2V*"

>

°Snn'â^?tra

fe»;, t 6 months' bank bills .. »2«K

fmonndsn1^;.

b!

u'::::;::: *K !

4aad 6mootlia '

tradebllu - ****'

The rates of interest allowed by the joint-stock banks and dis-count houses for deposits are subjoined:

Joint-stock banks ^6rênt '

Discount houses at call ..." S ji|

—

Dlscoant houses with 7 days' notice!!.." \vrk""

Discount houses with 14 days' notice !'.'.'.!'.'.'.'.'.'.'.'.'.'.'".'.'.'.'.'.'.! 2k@""'Annexed is astatement showing the present position of th»Bauk

of England, the Bank rate of discount, the price of Consols,the average quotation for English wheat, the .price of MiddlingUpland cotton, of No. 40's Mule twist, fair second quality,and the Bankers' Clearing House return, compared with tbefour previous years

|

Circulation-including *£* %* 18

J5 ' :8™-

PnKl^^ 1

.!!"8 W.MBJ56 88,250.855 27.377,105 47,300710

î'.CAlP- .?lt-S ».«2,270 8.7.8.385 7.*>4,073 RWSWl

1877.

£27.663.125b,l'«.'817\7C"~r~r~',V~ ii,oH,im 8.718.385

Other deposits... 16,487,312 17.722,42:) 22,847 21)1 28 621W SlKtt?!Government securities. 18,893,(84••-—-

Other securities Jl,'85s'717Reserve of notes and

11,990,740 13,074.740 13,071,803 17,474,443

1S.8S9.891 li/JMifis U.iiiMl JSTlMlSs17,123.i26 21,185,592 16,901,002 18,444,:70

comCoin and bullion 1cboth departments... 22,270,010

Proportion of reserveto liabilities

14,209,534

9,150 25,150,078 29,480,613 56,015,824

55-

73p.c. 46'93p.c.

1873. 1871.Bank-rate 6p. c. 2x p. c.

Consols 92Ji 92Ênglish wheat.av. price 58s. lOd. 60s. Sa.Mid. Upland cotton.... 8 15-16d. 8Jid.No.40s, mule twist fair

2d quality Is. 2d.Clearing House return 97.459,000

is. 05£d.97.705,000

1375.

3* p. c.

93j;429. 3d.

7#d.

Is. Od.

95,770.000

1876.2 p. c.

9ty,47s. lid.6 3-!6d.

1877.3 p. c.

M%6i>. Id.

6!4d.

lOd.06,134.000

lid.

95.095.000

There has been scarcely any demand for gold for export duringthe week. The Bank of Berlin has reduced its rate 1 per cent,

the open market rates having for a long period been under theofficial figures. The accounts from Germany are by no meanssatisfactory. The heavy military expenditure, and the with-

drawal of so large a force from industrial and agricultural pur-

suits are impoverishing the country, and, notwithstanding it]

vast military successes, the process is undoubtedly one of

retrogression rather than of advancement. The same may besaid in a minor degree of France, and perhaps a day will comewhen a revolution will overthrow these standing armies andGermans and Frenchmen cease to oppress themselves. Europewas never perhaps in a more unsettled state than it is at the

present time, and as long as there is so much of the menacingattitude assumed by each nation, there must of necessity begreat anxieties about the future. If the Liberals of this countrywant a policy, it should be to agitate abroad for the reduction

of armaments, and the brotherhood of workingmen should aid

their brethern abroad to release themselves from the oppressionwhich vast armies necessitate. The work would be one of great

difficulty, but there can be no peace or prosperity in Europe aslong as the present unfortunate state of things lasts.

The Banks of Calcutta and Bombay have reduced their rates

of discount to the extent of 2 per cent, and the quotation is now 7

per cent The silver market has, in consequence, been dull, andthe price of fine bars is now 53Jd. per ounce. Mexican dollars

have realized 54id. per ounce.

The following are the current rates of discount at the leadingcities abroad:

Bank Openrate, market.

per cent, percent.Paris 2 1J4Amsterdam 3 2&©2XHamburg 4 3Berlin 4 SifFrankfort 4 3®3>iViennaandTrieste.... 4% 4@4XMadrid, Cadizand Bar-celona 6 8

Lisbon and Oporto.. 6 58t. Petersburg 6 6©7

BrusselsTurin, FlorenceRome

LeipzigGenoaGenevaNew York

I

CalcuttaCopenhagen

.

Bank Openrate, market

per cent, per cent.2* 2*

and5 44 SH5 4*4 4

• • Stf®]*

4X iif

The weekly sale of India Council bills was held at the Bank ofEngland on Wednesday, and the rate obtained was the same as

in the previous week, viz., Is. 8 9-16d. the rupee. £265,000 wereallotted, viz., £150,716 to Calcutta, £100,000 to Bombay, and£14,284 to Madras,

An extraordinary meeting of the Anglo-American TelegraphCompany will be held on the 26th inst., to consider the terms of

amalgamation with the Direct United States Telegraph Company-Several shareholders in the latter company are dissatisfied withthe terms, but the probability is that they will be in a minority,

as the Anglo-American interests will be too powerful for them.The following are the terms of the proposed agreement:

"(a) A division of the actual receipts of the two companies forAtlantic traffic (after deducting payments due to other lines), inthe proportion of 75 per cent to the Ansrlo-American, and 25 percent to the Direct Company, (b) Variation of these proportions iuthe event of either company's cables being interrupted for morethan twelve months, and a power to either company to determinethe agreement after thirty consecutive months' interruption bysix months' notice, (c) An allowance to the Anglo. AmericanCompany out, of the Direct Company's proportion of the jointreceipts at the rate of £10,000 per annum, to be payable whilethe Anglo-American Company have two or more Atlantic cablesin working order, (d) The agreement is proposed to take effect asfrom 1st May, 1877, and to continue for fifty years, subject todetermination by either company at the end of the first twenty,five years."

The stock markets have been remarkable for the very limitedamount of business in progress in them. Investments have beenfew k and, owing to the uncertainties of the political future, speculators have reduced tlieir risks to very narrow limits. News in

reference to the crossing of the Danube is awaited witbmore thanordinary interest. War has now been declared more than twomonths, and it was expected that the arrival of the Czar at Ploy-esti would have been the signal for the attempt to be made. Wehear, however, of little else but cannonading, and only to-dayhas the news been received that a pontoon bridge has been con-structed at Ibrailai. No doubt, the Russians desire to strike hardwhen their plans are matured, and this may be the cause of thedelay; but valuable time is being lost, and a great deal of hardfighting has yet to be accomplished. The Turk is no enemy to

be despised, and were the soldiers to be better officered, a Russian

July 7, 1877.

J

THE CHRONICLE 9

conquest would be very doubtful. As yet, tbere hue been doreal fighting in Europe, and the protracted delay causes somesurprise. Fine weather and cheap money have had a good effect

upon the stock markets, and have prevented any important fall

in prices; but this is the only support afforded.

The weathor has been very hot, and the growing crops have,

in consequence, made rapid progress. The prospect of a satisfac-

tory harvest, both here and abroad, has caused the trade to rule

dull, and holders have had to submit to a further reduction in

prices.

The following figures show the imports and exports of cereal

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

from the 1st of September to the close of last week—comparedwith the corresponding periods in the three previous years:

1876-7. 1875-6.Wheat cwt. 33,076,985 42,765,850Barley 11.291,180 7,310,918Oat« 8,Bi7,31l 8,951,886Peas I,d96,042 1,200.164Beans 3.812.83! 3.010,427InilianCorn 87,376.158 50,661,291Hoar 6,540,840 5,182,078

Wheat cwl.Barley 44,971Oats 84.43 5

Peas 21,990Beans 86,348Indian Corn 421,789Floor 38,934

EXPORTS.7J8.371 51.981

32,7 6306.08134,2977,816

39,65920,611

1874-5.

81,755,72811.512,4317,483,9641,527.4012,326,61313,0.'.0.502

5,498,b00

192,711185,63269,26417,8392,447

41,35249.886

1873-4.33,307.2567,682,0148,492.357980,916

3.516,98618,912.667

5,333,102

5,095,863232.461

85,87210,5282,813

115,890

149,850

During the week ended June 16, the sales of English wheatin the 130 principal markets of England and Wales amountedto only 22,913 quarters, against 35,120 quarters last year.

In the whole Kingdom it is estimated that they were01,700 quartors, against 140,500 quarters. Since harvest thesales in the 150 principal markets have been 1,818,055

quarters, against 1,801,856 quarters ; and since harvest, 7,272,220quarters, against 7,447,500 quarters in the corresponding periodof 1875-6. Without reckoning the supplies furnished ex-granary,

it is computed that the following quantities of cereal producehave been placed upon the British markets since harvest

:

1876-7.

Imports of wheat 33,076,285Imports of flour 5,540,340Sales of home-grown produce 31,513,000

Total _ 79^Exports of wheat and flour

ResultAverage price of English wheat.

.

30,12567,308

.69,362,817

. 52s. 5d.

1875-6.cwt.

42,765,8505,132,019

32,272,200

£0,220.129

772,572

79,447,55746s. lid.

1874-5.cwt.

31,755,1236,498,801

42.597.0JO

1873-4.

33,307,9865,338.102

85,614,000

73,861,523242.60J

79,608,92343s. 7<L

74,259,388

2,245,713

72,013,67561s. 9d.

The long-talked of Portuguese loan has at length made its

appearance. The nominal amount is £6,500,000 in a 3 per centstock at 50. The loan will produce, therefore, a net sum ofrather more than £3,000,000. Messrs. Baring are the agents inLondon, and the Credit Lyonuais will receive subscriptions inParis.

BuxlUh Uarket Reports—Per Cable.The daily closing quotations in the markets of London and Li ver-

pool for the past week have been reported by cable, as shown in

the following summary

:

London Money and Stock Market.—At a meeting of thedirectors of the Bank of England on Thursday, the minimumrate of d iscou nt was fixed at 2^ per cent. The bullion in the Bankhas increased £122,000 during the week.

„„.. , .B»t. Mod. Toes. Wed. Thnr. Frl.Console for money.. 94 7-16 917-16 915-16 94* 94 9-16 9l«

IT a «. ,i^C?"S,

nX-;^ "*-••> ««5-16 W< 919-16 94*

C..8. 10-40. 09* 109)i J09* 109/, 109* 109**ew *"- !°8* 108X l"(<tf 108* 10« 103*New4tfs MX 10i* 105* 105* 105X 105V4Liverpool Ootton Markti.Sae special report of cotton.

Liverpool Breadstuffs Market.—Oat. Mon. Tues. Wed. Thnr. Frl.

5Snr .(^t^

?„8,*te, »bbl 2*6 6 26 6 26 6* W \i\ %,%

^' •Red^ln'r08''*"111

° " ° " ° " ° " ° " °

" In'irwL^i*'- » \\H ll*l nio' "» »*'» lt"0(C. White club)... " 12 2 12 2 12 2 12 2 11 2 12 4Cornjn.W. mix.) y quarter 23 6 23 6 24 3 54 3 24 3 24 3Peas (Canadian) V a uarter 37 6 37 6 37 6 37 6 37 6 37 6

Liverpool Provisions Market.—Sat. Mon. Tues. Wed. Thnr. Frl.

SSJi(KJ.T

8me,s.) • ''u'S,

80"'

'

*> ° » ° so*' so "o Sod6Pork (W't. mess) . W bb< 50 500 50 50 500 500Bacon (l'g clear mid.)» cwt 31 33 6 33 6 88 6 33 6 83 6Urd (American) ... 44 to 6 43 6 43 6 43 6 41Cheese (Am. flnelnew " 55 51 51 52 51 51

Liverpool Produce Market.8at. Mon. Tues. Wed. Tnnr. Frl

Bojin (common)..., cwt.. 5d

"s'o§5 V B o' % *6

PsUoffireilnedV.-...,^,0

1?*I0

,?*10

,?„I0

,?„ »L " *„

Tanow(pr,r^V.:-*cwt.40 6°* 40 §* 40 I* 40 S* 40 9*41 u*Cloverseed(Am.red).. " 45 45 45 45 45 45Spirits turpentine "SO HI 24 24 24 6 24 «

Commercial cmo iflteceUatieous Necos.

Imports and Exports for thb Wbkk.—The imoorti thisweek show a decrease in dry goods and an increase in general mer-chandise. The total imports amount to $8,220,740 this week,against f8,184,258 last week, and $8,297,910 the previous week!The exports amount to $4,439,212 this week, against $5,711,029last week, and *4,830,173 the previous week. The exports ofcotton the past week were 1,185 bales, against 8,128 bales lastweek. The following are the imports at New York for weekending (for dry goods) June 28, and for the week ending (forgeneral merchandise) June 29 :

FOREIGN IMPORTS AT NEW YORK FOB THE WEEK.1874.

Dry goods $1,173,442General merchandise. . . 3,93J,Ste8

Total for the week.Paeviously reported

$5,107,430211,153,581

1875.

$1,251,1025,117,083

$6,368, 1S8176,717,337

1876.$30!, 114

5,68 1,434

$1,185,548153,493,'il7

1877.

*W,1*87,391,252

$8,220,740182,961.617

Since Jan. 1 $216,261,011 $183,115,525 $156,985,195 ,$171,185,387

In our report of the dry goods trade will be found the importsof dry goods for one week later.

The following is a statement of the exports (exclusive of specie)from the port of New York to foreign ports, for the week endingJuly 3:

EXPORTS PROM NEW YORK FOR THE WEEK.

FortheweekPreviously reported....

1874.$7,101,6141)7.789,033

1875.$5,218,653116.533,313

187.1.

$6,674,501120.290,599

1877.

$4,439,242129,500,298

Since Jan. 1 J141.380.677 $121,751,906 $126,965,103 $133,945,535

The following will show the exports of specie from the port ofNew York for the week ending June 30, 1877, and also a com-parison of the total since Jan. 1 with the corresponding totalsfor several previous years :

June 27—Str. Algeria Liverpool Amer. gold coin. . $600,000June 28—Str. Wieland London Amer. gold bars.. 28,000

Mex. silver dols. . 35,000Amer. silver bars. 40,000

Plymouth Amer. gold coin. . 150,000

_ „ Paris Amer. gold coin.. 40,000June 30—Str. Germanic Liverpool Amer. silver coin. 5,000

M ex. silver coin . . 65,853Amer. silver bars. 8.0CO

June 30—Str. Colon. Panama Amer. gold coin. 10 000June 30—Schr. Nymph Belize, Hon Pern, silver coin.. 5,340June 30—Str. Rhein London Amer. gold bars. . 30,000

Southampton Amer. gold coin.. 100,000Bremen Ger. gold coin,. .. 1,650

Total for the week $1,105,843Previously reported 1 9, '.76.833

Total since Jan. 1, 1877 _. ..$20,582,681Same time in—

1878 $30,022,1121675 62.165,4291874 28.942.7821873 28,204.6461872 39.2P2 4561871 46,441,084

Same time in—1870 A... $18,185,5661869 15,511,4461868. S!,350,S251867 26,5537231866 . 47.123,868

The imports of specie at this port during the same periods havebeen as follows :

June 55—Str. Tybee St. Domingo Silver coin....

„.. „. „ .Go|d coin

June 25— Str. Colon Aepinwall Silver coinGold coinSilver bars....Gold dust

.,une26-Str. Clyde Havana Gold coinJune 21—Str. Atlas Port-au-Prir.ce... Silver coin....

_ Gold coinJune 30—Str. Hnntsvllle St. John Silver coin ...June 30—Brig E. Rowe Ciudad Bolivjr . . Gold coin. ... ,

$17,3932,970t\2O0

8, HO3,5008,00714.3CO

11,0802,360200400

Total for the week $78,460Previously reported 7,300,601

Total since Jan. 1, 1S77

Same time in—1976 $5,176,9111875 7.S7I.0241874 2,501.7*41S78 2,738,7821872 _ 755.510

$7,379,061

Same time in—1871 ... $3,219,9301870 7.2S2.2511869 9.671,4861868 8.97:, 151

1867 1.839.019

The transactions for the week at the Custom House andTreasury have been as follows:

Custom , Sub-Treasury.-

Sub-

HouseReceipts.

Jnne 30 «2.->3.000

-Receipts.

July 292,000187,000

Gold$558,539 371.458.231 201,291,263 98

—> . Payments.

887,000132,000

484,937 36284,937 71

Currency. Gold. Currency.$1,489,735 57 $1,228,251 93 $688,191 841,12 J,375 79 l,t2).w;2 03 76i,026 27562,321 46 1,618,796 87 898,718 23

Holiday1,341.915 13 1,416.513 30 1,866 865 44714.838 93 787,466 07 1,682,703 02

Total $1,851,000 $4,077,95162Balance, June 29 78.349,2*8 51Balance. July 6 81.870,232 43

$5,236,818 8848.513,840 6448.151.947 82

6,055,993 20 $5,898,507 20

Texas Securities.—Messrs. Forster, Ludlow & Co., 7 Wall St., quote:State 7s,gld

7s,g.30 yrs10s, 1884..10s, pens.. :

6s of 1892..

i With interest.

108 109m% S09*100 l'-'l

103* 104*193 95

Austin 10s.... 98Dallas 10s ... 90Houston 6's.. ..

8. Ant'io 10s.. 90

101

20

G. II. & S. 6s, g. 83 87H.AT.C.7s,g.lat 87 89do 8s coo. 2d 65 67WG.H.&U.7s,£.lst 75 it)


&t)e flankers' ©alette.

NATIONAL BANKS ORGANIZED.The United States Comptroller of the Currency furnishes the

following statement of National Banks organizod the past week :

2,364—First National Bank of Hamburg, Iowa. Authorized capital, $50,000;

paid in capital. $50,000. Joel N. Cornish. President; ,Cashier.

Authorized to commence business June 28, 1677.

DIVIDENDS.The following dividends have recently bees announced :

Company.

Railroads.Attleboroush BranchCamden & Burlincton CountyCayuga & SusquehannaEast Mahanoyllonsatonic, pref. (quar.)

Little Schuylkill BR * CoalMinehill &'Schuylkill HavenPortland Saco & PortsmouthPitts. Ft. W. & Chic, gnar. (quar.)

do do special guar, (quar.)

West Chester & PhiladelphiaBanks.

Bank of North AmericaManufacturers' Naiional (Brooklyn)

Insurance,Citizens' FireClinton FireFiremen'sGerman-AmericanGlobe FireHanover FireHoffman Fire ,

HowardImporters' <fc Traders'...IrvingKings County FireNew York EquitableReliefFireStar FireUnited States Fire

Per When Books Closed.Cent. P'able. (Days inclusive.)

8%3

4%$1 50$2 00

3%3^43

1%1%4

108651055665101057%8

July 2On demJniy a

•July 16July 14July 18

July 13July 16On demOn demJuly lu

July !

July

On demOn demJuly 10Jnly 6On demOn demOn demJulyOn demOn demOn demJuly 10On demOn demOn dem

July 6 to Jnly 15

FRIDAY, JULY 6, 1877-5 P. M.

Tbe .llom-y Market and Financial Situation.—The occur-

rence of the Fourth of July holiday has made, as usual, a brokenweek for business.

In mercantile and financial circles the main topic discussed at

the opening of the present half-year is in regard to the prospect

for the incoming crops. The hope of improvement in business

affairs seems to be based, in large measure, upon the expectation

that the people engaged in agricultural pursuits will make goodprofits this year, if they obtain a fair average yield. Wageshave falleD, and transportation is at a minimum, so that the

simple question—can a farmer in Illinois or Iowa now raise a

bushel of wheat and lay it down in New York at a fair, and evenlarge, profit—seems to admit only of an affirmative answer.

In the money market there is no perceptible change. Call

loans are easy at 1@2 per cent, and prime commercial paper Bells

readily at 3J@4£ per cent. A noteworthy fact, in connection withthe money market, is the movement among some of the heaviestlife insurance companies and savings banks, reducing the rate of

interest on mortgages on property in this State to 6 per cent—the

Mutual Life Insurance Company giving notice that it is lendingat this rate, and that "no legal expenses are charged borrowersin this city and Brooklyn " beyond actual disbursements.

The Bank of England on Thursday reduced its minimum dis-

count rate from 3 per cent to 2T . The Bank gained during theweek £122,000 in specie. The Bank of France lost 20,000,000francs in specie.

The last statement of the New York City Clearing-Housebanks, issued June 30, showed an increase of $2,554,875 in theexcess above their 25 per cent legal reserve, the whole of suchexcess being $21,190,450, against $18,635,575 the previous week.The following table shows the changes from the previous

week and a comparison with the two preceding years :

RESOURCES.

Loans and discounts $11,086,900 $38,168,200

Other stocks, bonds and mortgages .

.

8,712,300 4,717,400

Duefrombanks 8,189,500 3,005,300

Real estate 1,616,800 1,614,100

Furnitare and fixtures 5,400 5,400

Caeh items and bank notes '14.600 51,200

Specie 1,660,200 1,714.100

Leeal tenders 6,035,600 9,824,900

Overdrafts 17,600 12,600

Dec. $2,918,700Inc. 1,005,100

184,200DecDec

Dec."Inc .

Inc .

Dec.

2,700

23,40053,900

3,789,3005,000

• 1877. , 1876. 1875.

Jure 23. June 30. Differences. Jnly 1. Jnly 3.

Loans and die. $250,416,500 $251,655,600 Inc .$1,239,100 $251,883,300 $279,397,200Specie 16,209,000 17,453.00) Inc . 1,241.900 18,291,800 18,824,600

Circulation... 16,765,630 16,643,200 Dec. 122,400 15.539,200 18,981,690Net deposit*.. 228,316.100 226,488,100 Inc . 8,172,100 216,055,200 245,696,700

Leeal tenders™ 58,255,600 60,359,500 Inc . 2,103,900 54,778,400 73,882,100

The following is the comparative quarterly statement of theState banks of the city of New York :

LIABILITIES.

March 31. '77. June 23, '77. Inc or Dec.Capital $14,785,200 $14,785,200 Inc. $50,000Net profits 4,815,800 4,999,500 Inc. 183,700Circulation 29,400 8\100 Inc. 700Duebanke 4.382.700 4,884,210 Inc. 1,500Due depositors 38,834,900 84,p27,800 Inc .: 1,492,900Unpaid dividends 100,900 8C

"

I^ToUd

Total $57,398,900 $59,113,200 Inc. $1,714,300

United States Bonds.—In government securities there has

been a good business doing, the principal feature being the large

number of purchasers of small lots. This indicates a demand

from investors in general and seems to bIiow that the low rates of

interest have not discouraged the public from buying govern-

ment bonds. We hear of no large transactions by the foreign

bankers on speculative account, and the business between

this market and London appears to be smaller than usual.

The fiftieth call for five-twenties has been issued, embracing

$10,000,000 of the issue of 1865, new, on which interest will

cease October 5, 1877. The description is as follows :

Coupon—$50, Nos. 11,001 to 17.000; $100, Nos. 18,001 to 29,000; $500, Nos.

18,001 to 27,000; $1,000, Nos. 41,001 to 52.000. all inclusive. Total, *7,O0J,000.

Keiistered—$50. Nos. 501 to 700; $100, Nos. 4,901 to 6.400; $500, Nos. 4.35

to $57200; $1,000, Nos. 13.601 to 16.500; $5,000, Nos. 4,351 to 5,050; $10,000,

Nos. 3,70! to 4,472, all inclusive. Total, $3,000,000.

A committee of the New York Stock Exchange appointed to

examine and report a plan for dealing in government securities

for the account have reported an addition to the by-laws, provid-

ing that transactions may be made in government securities for

the account under the following regulations : The 15th and laBt

days of each month shall be known as " settling days," andtransactions may be made on any day within those periods for

settlement on those days respectively, and without interest.

Transactions made for tbe account on settling day, unless for

cash, shall be considered as for the next account.

Closing priceB have been as follows :

Jnne July JulyInt. period. 30. 2. 8.

6s,1881 reg..Jan. &.Tuly. 110% 111* lll)(

68,1881 conp. . -Ian. & July. 115 *xll% *111%Called bonds ...May A Nov —8s, 5-208, 1865, n. i. ..reg.. Jan. & July. 10*i% «106% *10B%6s, 5-208, 1865,n.i..coup. .Jan. & July. 109% xi06% «]00%6s,5-20s,1867 reS .. Jan. & July. 109% *109% *109%6»,5-20s,1867 coup... I an. & July. 112%*x09% 109*58,5-208, 1868. ...reg. .Jan. & Juiy.«lll% »111% *111%66,5-208,1863 coup. . Jan. & July. »115 X112 *112

5s, 10-408 reg.. Mar. & Sept. 112% «112% 112%5s, 10-40S coup..Mar.&Sept. 112% 113% «113

5s, funded, 1881 reg. .Quar.—Feb.«lll% 112* 111%59. funded, 1881. ..coup. .Quar.—Feb. 112 112 111%4%s, 189t reg. .Quar.—Feb. *108% 108% *10S%4%s. 1891 coup. .Quar. —Feb. 108% 108% 108%6e, Currency reg.. Jan. <fc July. *122% 123% *123

•This is the price bid; no Bale was made at the Board.

The range in prices since Jan. 1, 1877, and the amonnt of

class of bonds outstanding July 1, 1877. were as iollows:

>,400 Dec. 14,500

Jnly Jnly Jnly4. 5. 6.

Ill Ill•111% 112

1063* •106%106% 106%

•109%109%>t 109% 109%

•112%4 •112aom 112%

•112%•112%

113% •113%; Ul« 111%

111% 111%•108% 108%•108% 108%

: •123 123

each

6s, 1881 reg.6s, 1881 coup.6s, 5-20s, 1865 coup.6s, 520s, 1865, new. .coup.6s, 5-208, 1867 coup.6s, 5-20s, 1863 conp.5s, 10-lOs reg.5s, 10-408 coup.5s, fnnded, 1S81.... coup.4%s, 1891 reg.

4%s. 1891 coup.6s, Currency reg.

.—Range sinceLowest.

|

110% June U|111% Mch. II

107% Feb. 28106% Jnly 5l

109% July112 July109% Mch.110% Mch.109% Mch.105% Mch.106% June121% .Ian.

Jan. 1, 1877^Highest.

114% Jan. 17115% May 26111% April 24111% May 17

114% May 26117% Jan. 22114% Jan. 27114% Feb. 6112% Jan 22109 April 17109 May 17125*4 May 29

, AmonntRegistered$193,830,400

1,386,70069,568,55(1

97,589,75015.6*5,000

142,010,450

219,135,65093,649,51)0

61,623.512

July 1. ,

Coupon.

88.965,95618,801.200

133.08S.S00212,732,00021,808,800

52,555,850289,304,700

49,350,500

Closing prices of securities in London have been as follows:

U. S. 6s, 5-20s. 1867 .

U.S. 5s, 10-408

New 5sNew 4% per cents..

June22.

Jnne 1 July —Range since Jan, I, '?7.—

«

29. I 6. Lowest. |Highest,

106% I 106%109% I 109%107% ! 108%104% I 101%

106%109!.;

108%

106 June 25' 110% Feb, 6107% April 17| 110% Feb. 6105% April 25 108% Apr. 10

105% sl02% May 16) 105*/; July 6

$57,398,900 $59,113,200 Inc .$1,714,800

State and Railroad Bonds,—Louisiana consols have de-

clined and sold to day between 75 and 76, ex July interest.

There is more demand here than in New Orleans, and in thelatter city there seems to be some inclination to sell, as a goodmany bonds have been carried there on margins which are nowbecoming exhausted. South Carolina consols sold to-day at 69$ ;

Alabama consols lately at 41. The Treasurer of South Carolinahas made a statement that the total amount of consols issued is

$4,182,500. For $600,000 New York city 5 per cent, stock theComptroller received bids to amount of $1,679,000 at prices from103 to 100 25. In New Orleans the public administrator givesnotice of the fourth semi-annual distribution of $50,000 on pre-

mium bonds allotted January 31, and April 16, 1877; and theseventh quarterly allotment of 45 series to take place July 31.

Railroad bonds show no general change. The Hannibal & St.

Joseph 8s convertible were very Btrong after the decision infavor of the company, but did not hold all their advance. Theinterest was not paid July 1 on the Ohio & Mississippi first mort-gages, and th« bondholders are talking ot foreclosure.

Messrs. A. H. Muller & Son sold at auction

—

$12,010 Liltle Rock & Fort Smith RR. Co. 1st mort. sinking fond land grantbonds, 2ti%.

96,750 Kansas & Nebraska RR. Co. St. Joseph & Denver City RR. landsscrip certificates, 7%.

Closing prices of leading State and Railroad Bonds for threeweeks past, and the range since Jan. 1, 1877, have been as follows

Jolt 7, 1877.] THE CHKutflCLK 11

Statm.TUn4MtM 8s, old

do 6», newNorth Carolina 6s, oldVirginia 6a, conaol

do do 2d series.

lUaaourl 6a, long bondaDistrict of Columbia, M3e 1934

Railroads.Central of N. J. lat conaol.Central Pacific lit. 6s, goldChic. Burl. AQutncy conaol. 7aChic. A Northwest'n, tp., goldChic. M. * St. P. cona. b. fd, 7aChic. H. 1. APac. 1st, 7s...Brie lat, 7a, extendedLake Sh. & Mich. So.2d cons.cpMichigan Central, conaol. 7a. .

.

Morris A Eascx, lat inort

N. Y. Cen. & Hud. lat, coup. .

.

Ohio & Miss , cona. alnk. fundPltlab. Fi. Wayne & Chic. 1st

St. Louis A Iron Mt„ 1st mortUnion Pacific lat, 8s, gold

do sinking fund....

Juno

•43)4•43

20)4•si

•108)4

78

58)4•110

111)4

bbS8-1

111*'llOJt

•98S,'101

'115X

>iao"

99X1H8X97

June July29. 6.

•4814 43*•48 •48

six •82«•4(1 •41

•108X I06X•77 79

53 60•109»{ toe

•no?* 10JK88 bSu86» BBV4

112 UK',US •liiS•95.... 10214

•115* •11514•12014 1 1 i M88 •84

119101 »ioix108)4 1051496 97 1

— Since Jan. 1, 18T7 .

Lowest. I Highest.4244 Feb. 28! 45 Jan. 11

42 Feb. 28, 44'.;.lunu 71814 Mch. 7! *2jj Jan. 682* April 2, 83)4 Apr. 238 Jan. 16 45 Apr. 11

104 Jan. 23 10944 June 5

71 Jan. -' 80 June 21

50I0SX1068OJ478106

10995100118114

8114117

92)4103

I 92X

Mch. 5 85Mch. 6 110S£Mch. 16 11114April 111 9844Jan. 26 1 8814Feb. 28,112Jan. 13 115June 7|102May 8 l

104>iFeb. 19Mch. 5Jus MJan. 9Mcb. 22Jan. 9Mch. 31

118121

92122102X108=,'

98*

Jan. 5Jane 11June 14Jan. 2June 19June 29June 20May 10

Mch. ISJune 7May 24May 22Juno 23Jan. 3Jnnc 18Feb. 6

* Tula is the price bid : no tale was made at tbe Board

.

tallroad and miscellaneous Stocks.—The stock markethas experienced some little animation for a holiday week, andprices have at times shown a good deal of firmness. On Mondaythe coal stocks were the principal feature and advanced quitesharply, though subsequently falling off from the highest pricesreached. At the opening to-day there was also a strong feelingand a general advance in prices at the first Board, but a pressureto realize afterwards set in, and much of the advance was lost.

The Lake Shore statement for the six months and the failure to

declare any dividend appears to have had little effect on thestock, which is believed to be more Btrongly held than most ofthe other speculative favorites. A redaction of 10 per cent in

salaries and wages has been made among the employes of manyleading railroads, and the reduction seems to be acquiesced in asreasonable and necessary. The brief report of Michigan Centralearnings, telegraphed at the time of the annual meeting, gavethe approximate figures for the fiscal year ending May 31, asfollows : Gross earnings, $0,483,000 ; operating expenses andtaxes, $4,706,000 ; floating debt, $400,000, of which $150,000 hasbeen paid since.

Total sales of the week in leading; stocks were as follows ;

D -1 & H. Lake West'n St.Paul Morris Del.L. N. Y. RockCanal. Shore. Union, pref. & Ess. & W. Cent. Island.

Jnne30 3,100 9,000 18.100 3.400 28,000 84,310 2,309 1.270July 2 8,935 11.000 18,300 5,20) 25,100 49,900 4,732 3,600" 1 4,150 13,1.0 5,800 4,210 10,527 10,312 8,801 3,010" 4 Holiday" 5 3,400 28,200 11,656 11,100 7,600 21,530 8,960 1,400" 6 3,500 61,200 34,635 22,825 2,700 16,516 14,540 9,930

Total 23,055 122,530 88,491 46,725 73.927 133,628 39,342 19,210Whole stock 200,000 494,665 337,874 122.744 150.000 262.0JO 891,253 249,997

The total number of shares of stock outstanding is given in

the last line, for the purpose of comparison.The daily highest and lowest nrices have been as follows:

Saturday, Monday, Tuesday, Wednes'y, Thursday, Friday,

At.APac. Tel.Central of N..1Chic. Burl.&QC. Mil.* St. P.

do pref.Chic. 4 North.

do pref.C. K. I. * Pac.Del.* H. CanalDel. L. * WeltErieHan. A St. .109

do pref.Harlem111. Central ...

Lake Shore ...

Michigan CentMorruAEatexN.Y.Cen.ill.UOhio* Miss...Pacific Mall

June 30.

20 20*

7)439X W19X l'.'S,

50H 51X»»2 m*44V 49

July 2.

20 207X- 7H99 99

1»X 19*51)4 i-%20 20Km an

92)4 92X X90y 91),SI 32V 33.X S7XSIX 86)46 S

14* 14X29 29X'18JX 140

53X :i\47X 47X«0* 40)4S8X 64

i I.'1»X

Panama '95MWab. P.C. It'tiUnion Pacific.West. I'n. Tel.Adams Exp...American Kx .

United States.Wells, Fargo ..

X 1

MS MX57«j 58*9> 95X•41V 4542

'4 42x86* 86*

36 3iX6!,' «X14X "X28V 80

'131X 14053V 51

47X 48X40* 41

X

(U 6SS480 , SIX2V iXl»X 1»S•H li-

enx 66X57* 58 X'91 95X44V 45

.

•4 IX ....'.... 87

July20x SOX7X jS9SX 99

l»X 19X51 51*20X 20X45X 46X91

X

mSIX 8»XMX DTKex ex14X 15Xbox »2

133 14054 5443 48X41 41

65V 67X9IX 92X2X 2V

•I9X 20•96

3* 4».... 67

t»X MX95X 9«X43X 44

42 42• ... 87

July 4. July 1.

20 20

"X SX9SX 98*19X 2>X51X 53*•20X 2DX•I5X 46V91V >2X33V 36

36X 3:xex ex15X 15X32X 33

'.33 140

rSX 53X43X 49X40X 41X65X 66X91

X

92 X2X 2X19X 19X

3X 3X•6.1 66X57V 58X95X 35X•43 41

•41X 43•84 87

•This Is the price hid and asked : no »ale was made at tbe Board.Total sales this week, and the range in prices since Jan. 1,

1876. were as follows:

July 6.

•19X SOX8X 9

'98 ....

20 20V53X 5 IX20X 21

4«X 47X92X 93x34X 34

3.V SSXex 7x13* 15XSO* 33140 140

53X 55X49 5(1*41 42X66 67X92* SSx2X 2«'9X 20)494 99

3X 3X6)V 63*59* 59V95 95X43

X

43

x

41X 42•61 87

Atlantic A Paclflc Telegraph .

Central of New JerseyChicago Burl. & QuincyChicago Mil. & St. Paul

do do pref.Chicago & Northwestern

do do pref.Chicago Hock Island & PacificDelaware & Hudson CanalDelaware Lack. & WesternErieHannibal &, St. Joseph

do do pref....HarlemIllinois CentralLake ShoreMichigan CentralMorris & E-sexN. T. Central & Hudson RiverOhio & MississippiPaclflc MailPanamaWabash ReceiptsUnion PacificWestern Union Telegraph. ...Adama ExpressAmerican ExpressUnited States ExpressWells. Fareo 4 Co

Susiofw'k.Shares

1,2003.'ttt>

7191

6,53546.7251,200

11,68019,2102.1.053

132.628880010,050

8,900150

4,150122,530

18,788

74,98789,8411,5002,630101

5,574475

83,49119352217525

,—Jan. 1, 1877, to date.-Lowest. I Highest

1514 Feb. 31 25 Mch.6 June 11 S7X Jan.

94 Mch. 19'118J4 Jan.11 Apr. 121 21'. June40J4 Apr. 23, 54T4 July15 Apr. 13 S7X Jan.3734 Apr. 23' 5SX Jan.82X Apr. 23 102J4 Jan.

25X June 13 74X Jan.30X June 11 77 Jan.4X Apr. 2 10,'i Jan.7 Apr. 17 1-V.4 July17 Aur. 17 S.V/, July

135 ' Feb. 19 144 May4014 Aur. 2 6514 J»n.45 Apr. 23 57J4 Jan.35X Apr. 8 5044 Jan.51 X June 13! 9214 'on8514 Apr. 232X June 26

12J» Apr. 830 Apr. 3

14 June 8059 >4 Jan. 1558 Apr. 491 Apr. 234314 July 836 Apr. 8782 Apr. 23

104J4 Jan.-'. Jan.

MX Firb.

130 Mch.814 Fob.73 Mch.78 Jan.H'5 Jan.6014 Feb.MX Jan.90 June

Wholeyear 1876.

Low.14)420^112X1814*IJisix55*9814

High22

109XI21J446*84*

«7X111K

61 14. 1256114 120K7J4 "

1014uStaoM6ox48XS4X81965

16)41221

22 57X

22 63H27 1 1005 55

8| 49145 79

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. Timcolumns under the heading "Jan. 1 to latest date" furnish thegross earnings from Jan. 1, to, and including, the report mentionedIn the second column.

-Latest earnings reported.- . Jan. 1 to latest date.

Atch. Top. * 8. Fe .3d week of June.Bur. A- Mo.Rlr.ln Nob.Month of April.

.

Bur. C. Rap. & North. Month of June..Cairo & St. Louis.... 2d week of June.Canada Southern.... 3d week of June.Central Pacific....... Month of May..Chicago & Alton Month of lune.

.

Chic. Burl. & Qulncy.Month of April..Chic. Mil. & St. Paul. . .4th w'k of June.Chic. It. I. & Pacific. .Month of April..Clev. Mt. V. & D.,&c..3d week of June.Denver Paclflc Month of May...Denv. Jfc Rio Grande. ..3d week of Juue.Grand Trunk W'k end. June 23Greut Western W'k end. June 22Hannibal & St. Jo Month of April..Illinois Central Month of May..Do. Ia.leased lines . . Month of A pn 1 .

.

I mini nap. Bl. & W . . .3d week of June.Int. & Gt. Northern. .3d week of June.Kansas Pacific Month of May..Lehigh Valley Month of May..Lonisv. Cin. & Lex ..Month of May..Louisv. & Nash., &c..Montn of May..Missouri Pacific Month of May..Mo. Kansas & Texas. ,4th w'k of June.Mobile & Ohio Mouth of May..New Jersey Midland..Month of May..Nashv.Chatt. & St.L.. Month of May..Pad. AEllzabetht'n ..Month of May..Fad. & Memphis Month of May..Phiia. & Erie Month of May...St. Jos. & Western 2d week of J une

.

St.L.A.&T.H.(brchs).3d week of June.St.L. I. Mt. & South. .3d week of June.St. L. K. C.& North'n..Month of June .

.

St. L. & S. Francisco. .3d week of June.St.L.&S.E'n(StL.div.)lstw'k of June.

" (Ken.div.)..lat w'k of June." (Tenn.dlv.).lstw'k of June.

St.Paul& S.Clty Month of May..Sioux City&Sl. Paul.. Month of May..Tol.Peoria& Warsaw.3d week of June.Union Pacific Month of April..Wabash 3d week of June.

• Figures this year embrace Trinidad extension, which was not in opera-tion until about the close of May, '76 ; for the first five months of the year,

therefore, the comparison was with a smaller mileage In 1876.

1'tie Gold market.—Gold shows no point of special interest,

and the price fluctuates within a very limited range, the figure

yesterday and to-day being 105J. On gold loans the terms were

i, 1, 2, 1^ and 3 per cent for borrowing, and flat. A San Fran-cisco report of Jane 28 says :

" The Nevada Bank has sold $400,-

000 in trade dollars for shioment to China by the steamer on the3d proximo, and $1,000,000 in fine silver for the same and following steamer. This clears out the supply of trade dollars, and nomore can be had until the re-opening of the mint in July. Themarket for fine silver is also pretty well cleared."

Tb.9 following table will show the course of gold and goldclearings and balances each day of the past week:

1877. 1678. 1877. 1876.{55,316 $50,3.10 $9*6,021 $1,005.(5050,709 51,784 208,3«0 111,96869,857 100,700 418,649 589.2S54,783 6,333 118,943 112,411

40.30J 845,178 806,3761,575,000 1,757,415 6,309,000 8,880,»78868.881 451,083 2,0T,.iK2 8JM*,701960,198 892,370 8,408,781 3,536,703180,000 225,121 2,959,460 8,900,517015,177 506,431 *,138,484] (.080,801

7,788 7,888 173.017 173,82029,1,11 29,714 18884814.174 9,915 •284,032 UVLOtJE155,751 1t^„>K8

62,181 77,622186,966 143,673 599,940 621,987351,905 471,595 1,819,255 1,168,8:399,998 127,98524,023 30,634 659,767 745.69317,800 14,700 888,447 543,870

246.512 247,602 1,092,393 1,125,620586,000 515,75490.675 89,085 421,877 402,532382,574 360,342 2,03.1,369 1,922,646

803.548 264,847 1,484,241 1,448.80386,919 71,804 1,4:30,931 1,417,33895,401 101.512 737,900 767,69456,465 52,1173 250.112 229,834

128,646 143,422 693,554 758,07424,20216,424 14,913 73,699 91,683260,591 29:1,495 1,139,159 1,804,4884,b53 5,541 161,034 151,3049,329 9,618 223,573 225,327

76,400 71,054 1,903,991 1,672.845171,856 228.720 1,411,222 1,499,75622,089 22,083 578.853 576.34010,898 12,772 213,539 243,7045,734 5,253 122,935 131,2372,640 2,763 61,061 62,832

37,*27 46,503 167,299 208,M918,108 27,864 92,078 130,851

20,524 35,199 477,322 665,497

l.ceaCsso 1,054,183 3,7o2.24? 3,289,664

83,219 87,980 1,880,194 2,010,391

Saturday, June 30 ..

Monday, July 2...Tuesday. " 3...Wednesday, " 4 .

.

Thursday, " 5...Friday, " 6...

Current week.Previous week.Jan. 1 to date..

Oa'n105X10534

105,'i

QuotiLow.10514103 "si

i05J4

uionsHighJOSH105 X1U5X

Clos.

105X:o5,'i

105X

10514

105X10544

105Xll'SVi

I03>4irax105)4

105X10514

107X

105 hi105

104K

iosxtOflx

107J4

105X:o;x105W

TotalClearings.$23,750,00113.868,00014,91.2,000

.Holiday17,230.00010,158,030

$79,968,000115,792,000

, Balances ,

Gold. Currency.$2,389,694 $2,523,2191,801.000 1,898,149

1,790,4131 1,908.868

1,607,253

1,016,403

1,417,200

1,103,136

1,498,000

The following are the quotations in gold for foreign andAmerican coin:

Dimes & half dimes. — 9414^ — 95)4Large silver, Xs &X » — M)4@ — 93)4Five francs — 93 Q> — 95Mexican dollars. .- — 95X® — 9614English silver 4 8) (it, 4 85Prussian sllv. thalers — 65 ® — 70Tradodollars — 95 © — 96

Sovereigns $4 87 @ $4 91

Napoleons 3 87 @ 3 92XXRelchmarks.... 4 75 @ 4 80^Guilders 3 90 ® 4 10Spanish Doubloons. 15 60 & 15 90Mexican Doubloons 15 50 @ 15 6)Fine silver bare 117>i» 118Fine gold bars pa«a!4prom.

Exchange.—It has been a slack week in foreign exchange,"

even the bond importers purchasing few bills, and no large de-

mand appearing from any quarter. To-day, prices were aboutsteady at 4 87 to 4.87$ for bankers' sixty-days sterling, and 4.89ito 4.891 f°r demand.For domestic bills the following were the rates on New

York at the undermentioned cities to-day: Savannah, buying 8 16,

selling 5-16; Charleston, easy, $@J premium ; St. Louis, 50 pre-

mium; Cincinnati, steady, buying 1 1-2, selliug 1-10; New Orleans,

commercial 1-16 discount, bank i premium ; and Chicago, 75

premium.Quotations for foreign exchange are as follows:

Prime bankers' sterling bills on London.. ..

Good bankers' and prime commercialGood commercialDocumentary commercialParis (francs)Antwerp (francs)Swiss (fra'ics)

Amsterdam (gnilders)Hamburg (reichmarks)....Frankfort (relchmarks)Bremen (reichmarks)Berlin (reichmarks)

80 layiS7 ;<,i

68)4i

85X851->'.'

16Ji:.>>.:

*>Y94Tii

»4«

-Jnly e.

—

87*88

4.S5VM4X

m40XmS93xa

MH© 96X

3 day*.4 WMM MX4 894.884 87144

5.13X45.13X«5.13X?4V0x£mSiBOfil9344*

1.80

fcg|Ml«

s*888888


Mew York City Banks.—The following statement shows thecondition of the Associated Banks of New York City for the weekending at the commencement of business on Jane 30, 1877:

-AVERAGE AMOUNT OF -^-

Loans and Legal NetBanks Capital. Discounts. Spec'e. Tenders. Deposits.

$ $ $ $ 8NcwYork 8,000,000 10,687,3r0 2,110,600 2,172,800Ma hattan Co... 2,050,0 6,306.400 43S.900 1,420,000

258,80059,00021.8J0

1 90.000CO,90O410800

Merchants' 3,030,01)0 7.523,230Mechanics' 2,000.000 6,714,900Union 1,500,000 4,237,900America 3,000,000 8.610.600Phoenix 1,000,000 2.837,000City 1,000,000 6,077,100Tradesmen's .... 1,000,000 3.246,100Fulton 600,000 1,391,800Chemical 310.0<i0 9,98:,300Merchants' Exch. i,OOJ.O0O S,6 3,200Gallatin National 1,5 0,000 8,685,900Butchers'* Drov. 500.000 1,451,' 00Mechanics' & Tr. 600,003 l,727,7iK)

Greenwich 2 0.000 801,900Leather Manuftra. 600,000 2,730,(00Seventh Ward.... 300,000 893,800State of N. York. 800,000 2.25-i.500

American Exche. 5,000,000 12,9 9,800Commtrce 10,000,000 16,"41.80CBroadway 1,000,000 4 935.100Mercantile 1,'OO.OGO 3,024,500Pacific 422.700 1,795,900Kepnhlic 1 500,000 3,277,300Chatham 450,000 3.014 800People's 412,500 l,3v8,5North America... 1,000,00) 1,982.400Hanover 1,000,00) 4,149 500Irving 500,000 1,9SS,0Metropolitan 3.000,00.) 11,56J,000Citizens' 600,000 1,579,000Nassau 1.000030 8,144,400Market 1,0 O.OOC 2,671,800St. Nicholas 1,000,000 1,»66,000Shoe and Leather. 1.000,iO0 3,937.000Cora Exchange... 1,100.000 3.V22 200Continental 1,250,(00 3,137.700Oriental 300800 1.218,400Marino 400.000 1.744,20)Importers'&Trad. 1, '00,000 J6,78!.6.-0Park 2,000,000 10,614600Mcch. Bkg. Aes'n. 5.00,00) 795,300Grocers' 300,000 743,700NorthJtiver 40,000 90,500EaftKver 350,000 806,300Manuf'rs' & Mcr. li 0,0 400,300Fourth National.. 3,750,' 00 13.757.6P0Central National . 2,000,000 7.373,000Second National.. 800 000 1,950,000Ninth National... 1.500,00) 5,';3i,«00 88,500

500,0 5,358.500 239,9001,' 01.003 5 2-w,6U0 1,403,900300.000

"

.•OO.dOO

250,0002000

781,100 3,090,100

386,90) 884.000347,500 1,854,900

1,188,000 2.395,300487,000 366,000

1,100.31.0 1,655,000109,500 253,800170,00,1 645,800702,800 2,669,60087,000 573,500

418 100

310,000224,li0186.000559.900223.90046B,70J

478,200 2,610,003685,300 4,644.60)63,300 0S5,303

10,830,8005,115,1007,741,5035,064,9003,853,7007,846,90)2,825,0005,728,1001,815,5001,273.800

10.146,8002,817,4002,199,2001,252,000949,100747,200

2,448,200893,900

2.449,60010,170,000

Circula-tion.

*25,7007,500

154,400139,000

1,101

270,000

771.3.0

202,30068,000

279,500252,40316,10064 500

209,200!v,S00

441.300801,200422.900690,60)191 ,80V54.000738.600605,600

6"9,50042,00084,000

194,2002,700

548,20036.50045.000

229,2,10

7,181,600 2,426,7003.196,400 890,400

79'J,000 2.950,00005.50..

57,1002 9,60058,200lv2,100

93,700100,80)

9.; 00136,800658.600

489,000287,20)252,500511,300721 5(0

1,332,000462.000365,700374,900

2,762,900

2,740,6002,054,)i00

2,406,9008,167,6001,186,7001.679,600

3,673.7002,031,000H,(t63,O0O

1,798,7002,002,7001.732,2001.151.6003,132,5002,785,5002,272,1001.170.200

1,822,9(10

17,671,500

45,000

450,000213,030

5,400

729.600 4,212,500 14,475,900

290.10075,300! 8,0 10

130,1003,900

207,000497.6004H2.000

4,80059J.500

225,9001,082,000

(0,000303,70032,300 338.0 795,800

5,90

1

138,8. 648.90017y 00 243,000 810,50)24,700 1S9.800 647,7001,800 111,800 447,000

7F3.400 3,418,500 12,527,801 1,045 500229,000 1,9)9,010 7,122,000 1,299,000

98,900

First NationalThird Notional...N. Y.Nat. Exch..Tenth National...Bowery National.New York CountyGerman American 1,000.000Dry Goods 1,000,000

1.067,500

1,514,1001,123,'00

1,175,4002,519,500937,200

:-,Ol0

34,4002,400

214,408,10)

50 i,0001.481,600

l,31*,90.l

849,900223,500318,400243,000298,000531,200419,303

1,988,0004.957,"005.857,000

6,543,100' 734,7001,169,500691,100

1,048,200

2,529.900500,000

251,000

646,000270,00)49,400268,800445,200224,100ltO.OOO

Total 74,535,200 251,655,600 17,453,000 60,353,530 225,468' 200 15,643,200

The deviations from returns of previous week are as follows:loans Inc. $7,259,100

| Net Deposits Inc. *3 172 100fpece...... Inc. 1,241,003 Circulation Dec. 122 400Legal Tenders Inc. 3,103,900

|

'

The following are the totals for a series of weeks past:

m o« » T^" ?™ '.„.,SPecle- L - Tenders. Deposits. Circulation. Age. Clear.May 26. $«51,5M 5W |2i,848.7f0 853,570, 100 *225.4 12,600 $16,069,(00 $384,6^,097Jnne2.. 250,754,400 19,341,501 I5,89.,700 223,481 600 16 143 700 33) '3*8 8

•J

UDe?i-

1»'.«™,0W 19,441.700 55,078,1.0 -.23.738 500 16 162.000 404 145 247June 16. 250,687,500 18,852,103 66,368 BOO 2 '2,665,800 15 971.030 889 2812J8J,n "e

?o-8,}°-116,500 16,209,000 58,235,600 223:316 100 15 705.600 305 825913June 30. 2oI,055,(J00 17.453,003 69,359,600 224,488.200 15,613,200 3.7,793;-,21

Boston Itanks.—Totals were as follows:

« m Loans. Specie. L. Tenders. Deposits. Circulation. Agf Clear

Jhrfef' * S'ISVS $?'oa

7'?r.,

*"'8?'.*'<> IS1.8fl.800 $21,115,2.10 $&%T5,*5June 4.. 121,432,300 l,99->,503 7.149,000 51,936,800 23 004.501 38 959 9017,185,20 1 '

7,045,0307,154,3007,118,200

Philadelphia Banks.— Totals were as follows:Loans. Specie. L. Tenders. Depisits. Circulation Ai?-» Clear

$62,173,530 $1,21 1.7.33 $18,6 8,877 $.36^2^,719 $1:?,M8°"'

M^ttSt62,160,3:59 1,2.8 001 19 6 8 (W7 gfl&Tn To,M5>J<) 32.&

J,o'U,BHU l^,l8'3,8641.395.98') 21,117,4241.318,724 20,035,55'.'

1,449,278 19,596,629

Jane 11.Jnne 13.June 23.July 2..

May 28.June 4 .

June II.

Jane 18.June 25.July 2..

130,777,7001J9,903,7M)

130.946,000131,088,100

62,406,06362,391,80962,492 2886i,86.-,717

1,923, J0D

1,8.52,200

1.763..00

1,9j4,230

51,763,200 23,297,60051.480,500 23,171,30052.100,5' 23,293,50052,517,400 23,104,300

42,455,11245,541,19141,004,0)843,310,039

57,9.3,9(4 10,479,30557.864,933 10,447,84557,888,694 10,437,42357,808.517 10,414,316

,780,31032,88 4,8853 ,982,194

29,489,088

POTATIONS IM BflSTOK, PHILADELPHIA AND OTHER CITIPS.

SECTBITIRB.

BOSTON.Maine 6sNew Hampshire 6sVermontssMassachusetts 5s, gold...Boston 6s, currency

do 5s, BuiltChicago sewerage 7s,. ..

_ do Municipal 7s....,Portland wAtth. &Tcpekalstm.7i"...

do land grant 7sdo 2d7s

_ .do Ian" Inc. 12s.

Boston & Alhany 7sdo &h. .

Boston * Lowell 7« '.

'

Boiton A Maine 7iBurl. A Mo., land Brant 7*!'."

do Neb. 8s, 1-91do Neb. 8s, 1883 ....

Kastern, Mass..8(*», new11 art ford ft Erie 7i, new '

'

"

Ogdensburgft Lake Ch.Ss'"O.d Colony ft Newport 7s, '77.Rutland, new 7sVenn't C. 1st m., cons. It/M*

do 2d .it,. 7s. 1891Perron"* * ^•sna4a. n«w fis

7-1

48102

106X

iow<

fttt

si I

49102!ij

:oo\1116k,1'7(4

r,i'.t

SROtJRlTtKS.

Vermont ft Mass. 1st m.,68,>SSTOCKS.

Bo'tonft Albany;Boston * LowellBoston ft MaineBoston ft Frovllence.." ...,'Burlington* Mo In Neb.Cheshire preferredCm Sandusky ft Clev.IConcordConnecticut River .'.'

Conn. ft PaasumpBlc, pref..."Eastern (Mass.). ..Eastern (New Hampshire)!'Fitchhurg j

(Manchester & Lawrence."

Nash::a A LowellINew Tork /t New Kngland.Northern ot New Hampshire

I N orw lch & WorcesterjOgdinso. & L. Cnamplaln '.'.]

do do nrefOld Colony v

Portland baco A PortsmouthUutlaud,commou

do preferredVermont. & Canada

j

Vermont* Massachusetts!!' 105k,itorcMW* N»shu> .. . |

<5^"

Bid. Ask.

114%

BOSs12088

65

3!4

:o4^11585

»?*

115

91120UJ40

'

''lm120

8«

10S130

65

91

BOSTON, PHILADELPHIA, Etc.-Contlnucd.

10046

SECTJEITIEB.

PHILADELPHIA.STATE AND CITY BONDS.

Penna. 5s, g'd, int ,reg. or cp.do 5s, cur., re^ .Mdo 5s, new. reg., 1892-1902do 6s, 10-15, reg., l-77-'82.do 6s, 15-25, reg., 1892-'92.

Philadelphia 6s, old, regdo 6s, new, reg. ...

Allegheny County 5*, coup...Pittsburg 4s, coup., 1913

do 5s, reg. * cp., 191;).

do 6s, gold, regdo 7s, w't'rln, reg.&c• to 7s. ttr. Imp., re*., 'oS-iib

N. Jersey 6s. exempt, rg.AcpCamden County tis, coupCamden City 6s, coupon

do 7s, reg. A coupDelaware 6s, coupon,.Harrlsburg City 6s, coupon .

.

RAILROAD STOCKS.C raden A Atlantic

do do prefCatawlssa

do prefdo new pref

Delaware * Bound BrookEast PennsylvaniaEmilia it wllliatnsport

do do pref.

.

Har. P. Mr. Joy * Lancaster.Huntingdon & Broad Top...

do do pref.LelOgh ValleyLittle BehuyiKlllJtlnehlllNesquehonlng ValleyNorrlstownNorth PennsylvaniafennsylvailaPh la'ielphta* EriePulladeiphla* Read ngPhiladelphia & Trenton . ..

Ph.ia.Wiimlng. « Baltimore.Pittsburg 'litusv. & BuffUnited N. J. Comptnles"West che-ter cousol. prefWestjersey..

CANAL STOCKS.Chesapeake sb DelawareDelaware DivisionLenlgh NavigationMorrisdo pref

PennsylvaniaSchuyialll Navigation

do pref...Susquehanna

KAILROAD BONDS.Allegheny Val., 7 3-l0s, 1S9

•Jo 7s, E.c.tt.,1910do Inc. 7s, end.. '9..

Belvidere Dela. 2d in. 6s. '8 i.

.

do 31m. 6s,VL.Camden * Amboy 6s, 'S3.

do 6s, coup., '81

do mort. 6s, reg.,'ft

Cam. ft Atl. 1st in. 7s, g.. 19)3do 21m., 7s, cur., '8a

Cam. & Burlington Co. 6s.'97Catawlssa 1st, 7s, coin.. 'i2.

.

do chat, in., 10s, '88.

do new7B, 1900Cayuga L. 1st in. ,g.. 78.1901*.Connecting 6s, 1*0-1904Dan. H.& W,Iks. .1st., 7b, 'a7'Delaware mort., 6s, various.Del & Bound Br., 1st, 7s. 190CEast Penn. 1st mort. 7s, '88

E1.& W'msport, ut m.. 7s, 'cddo lBt m., 5s, perp

llanlsburglst mort. 6s, 8(.H. * B. T. 1st m. 7s, gDld, '90

do 2d m. 7s, gold, '95.

do Sdm.cons. 7s, '95'

Ithaca* Athens lst.gld, 7s. ,'90

Junction 1st mort. 6 , '82. ..

do 2d mort. 6s, 1»j0 ...Lehigh Valley, 6l, coup.. 189S.

do 6s, reg., 189!...do 7s, reg., 1910...do con. m.,6s,rg.,1923

Little Schuylkill, 1st m. 7»,'77Northern Poc. 7 8-10s, cp.,1900*North. Penn. I6t m.bs, cp.,'85.

do 2dm.7s,cp.. '96.

do gen. m. 7s, cp., 1108do gen. m. 7s, reg , 190".

Oil Creek 1st in. 7s, coup.,'8i.l-ittsb. Tttlisv. as B , 7s, cp.,'96Pa.* N.Y.C.* P.RK.7s,»6 906Pennsylvania, lBt m., cp.,'83.

do gen. in. 6s, cp., 19,0do acn. m 6s, >g., 19'0.

do cons, m 6 , rg., 1.405

do cons. in. 6s, cp., 1905.Pen.iomen istm.<>.coup.,V,Phlla-AiErlc lstm.6s,cp.,*8'

do 2d m 7s, cp.,'S8Phlla. * Reading 6s, 't>0,

do 7s, oup.,'9Sdo deben., cp.,'98do cons. m. is, cp.,l9t!do cons m. *s, rg.,19.1do new con. 7s, lei)3 ..

Phlla.* Head. C* 1. deb. 7s. 2do ao is. '92-93.

Phlla. Wl'.in. * B.lt. 6s, '84

Puts. Cln. * St. Louis 7s, 1900Shamokm V.& Pott*v. 7s, 1901Bt'iubcnv. & lud. 1st, 6s, i884Stony Creek 1st ui. 7s, 937...Sunbury * Erie 1st m. 7s, '77 .

UuUed N. ,1. cons. m. 6s, '94Warren * F. 1st m.7s, *9i.West Chester cons. 7s, '9i.West Jersey 6«, deb., coup., '8S

do 1st in. 6s, cp,, '96.do 1st m. 7s, '97 .

Western Penn. UK. 6s, :898 .

3Vllm.« Read. 1st m.7«, I900*do 2d in., ,902'...CANAL BONDS.

Chesan. & Dela 6s, reg., '8iDelaware Division 6s, ep.,';8Lehigh Navigation 6i, reg., '84

do RR., rg..'9do (leb.,rg.,'7~do conv., rg. 'iUdo ccnv.,g., rg.,'94do gold, '»7do cons, m 7b, rg.,19t'

Morris, boat Joan, .reg., i885.

.

• IB defanlt of lntcre t.

103

toe101109105L£U0»4

1523SM

;io

23

in21

4.3

l«l

40eon

UM

5fs126

ll-?4

50119

«H

10885

oi>s

107HI

98102k

10835

97M102^4100

107107«no

106>i

11.7

852,s

88

4347111

42:<o-K9

llJs

DM126«

ioih

"88

92M

73!.;

101«

%i

99>4

108M

SECURITIIS.

Pennsylvania 6s, coup., '.910.

Schuylkill Nav. ist m.iis, '97

dododododo

2dm. 61.190m.6s, '»5....

64, imp , '80.

6s, boat* car, 19137s, boat & car. 19 5

108

\ouu.101

1..SI

111

104

1091 1 15

LM

i.'i

'..I

Susquehanna 6s, coup.. .9.8.

BlI.TOIOIIli.Maryland 6s, defense, ,).<fc J.

do 6s, exempt, 1887 ..

do 6', 1890. quarterly,do 5s, quarterly

.

Baltimore 6«, ism,do 6s, 18S6, J.&Jdo 6s, 189.', quarterlv.do 6s, park. 1890,Q—Mdo 6s, 1898,M.*S ..

ao 6s, exempt,'PS.M.&S.do 1900,J.*Jdo 1S0J, J. & J

Norfolk water, 8sRAILROAD STOCKS. Par.

Bait.* Ohio li*do Wash. Branch HOdo Parkersb'g Br. .50

Northern Central JOWestern Maryland 50Central Ohio 50Pittsburg * ConnellsvIlle..5(i

RAILROAD BONDS.Bait.* OhloSs, 1880, .).*,)...

do 6s, 1865, A.*0.N. W. Va. 3d m..guar.,'85„)*JPlttsb.* Crintiellsv.7s,'98,.I*,I

Northern Central 6s, '85, J*Jdo 6s, 1900, A.SOdo 6s, gld, 1900, J.&J.

Cen. Ohio 6s, 1st m.,'90.M.& S.W. Md. 6s. 1st m., gr..'90.,).& J.

do let m., 890, J. ft J...do 2dm..guar., J.* Jdo 21 m., prefdo 2d m.,gr. by W.Co.J&Jdo 6s. 3d in., guar., J.& J.

Mar. * Cln. 7s, "92, F. & A ...

do 2d,M.*Ndo 8»,8d,J.*-j

Union RR. 1st, guar., J. & J..do Can on endorsed.MISCELLANEOUS.

Baltimore Oas certtucates. .

.

People's Gas

74«

101101X

WASHINGTON.Di'trict "f Columbia.

Perm. Imp. 6s, g., J.&J., 89:.do 7s, .891

Market Stock bonds, 7b, 1691.Water Stock bonds, 7s, 190 .

.

do do 7s, i903.

.

Wa*hingtin.Ten-year bonds, 6s. '78

Fund, loan (Cong.) 6s, g., '92.

do (Leg.) 6s, g., 902.Certlfs.of st'ck ( 1828) 5-, at pi.

do (18481 6a, at pi.CheB.*o.st'k ('47) 6s, at pi...

Georgetown.General stock, 8s, S8I

do 6s, at pleasureBounty stock, 6s doMarket stock. 6s doBoard of Public Works—Certlfs. gen. Imp. 8s, '77-78

do seriesCertlfs. sewer, 8b, '71-77. ...Water certificates, 8b, '77...

CINCINNATI.Cincinnati 6s t

do 7b fdo 7-308 1do South. RR. 7-308. tdo do 6s, gold t

Hamilton Co., O., 6s. long.. ,tao 7b, lto 5yrs..tdo 7 & 7-o0s, long.t

Cln* Cov. Bridge st'k, pref.Cln. Ham. * D. 1st m. 7b, "30

do 2dm. 7s, 'c5.

.

Cln. Ham. & Ind., 7s, guar. .

.

Cln. * Indiana st in. 7sdo 2d m. 7b, '.7..

Colum. ft Xenla, 1st m. 7s, '90

Dayton ft Mich. lBt m. 7s. '81

do 2d m. 7b, '84.

do 3d m. 7s, '8s.

Dayton* West. lstm.,'8i...tdo 1st m., 1905 .

do 1st m. ', .905Ind. Cln. & Laf. :st m. 7s

do (I.ftC.)lstm.7s,'S8Little Miami 6s, 'S3Cln. Ham. * Dayton stockColumbus A Xenla stock..Dayton * Michigan stock.,

do 8. p.c. st'k, guarLittle Miami stock

LOUISVILLE.Louisville 7s

112m.1101

1 -j

H2k'

91« SB

22 M>

\vi>4

112112

101105

OOte8698 ,

81

112K7 115

dododododod->

82 to '87 +«B,'9(to'94 twater 6s,'87 to '89 twater stock 6s,'97.twharf 6s tspec'l tax 6s of '89. t

Jeff. M.&l.lstm. (l&M)7t,'8Udo 2dm., 7b.. . .....do 1st m.,7s, 19C6... t

Loulsv.C* Lex. lBt m. 7s, 'in.

Louls.ft Fr'k.,Loul8v.ln,6s,'8iLoulsv. * Nashville—Loulsv. In, (in. 6.) 6„'8687.tLeb Br. 6s, '86 t1st in. Leb. Br. Ex.,7s,'S0- l

5.tLou. In. do 6e, 'j3...tConsol. 1st m. 7b, '1)8

Jefferson Mad. * IndLouisville* Nashvl.leLoulavllle Water 6. Co. 1901 +

ST. LOUIS.St. Louis 6B,lo.'g

do water bs, gold. .

.

do do do cew.+do bridge appr ,g 6s tdo renews), gold, 6s.

t

do sewer, g. 6a, '9 -2-S.tSt. Louis Co. new park,g.6a.t

do cur. 7s +St.L.ft San F. Rli.bds, ser's A

do do do I)

do do do C

t And Interest.

100ioom100H

topSIOO541007054

10010.454

100

10010090«

100

92H

96

llll

10S1071,107L,I071J107„1075s 1085*

Jolt 7, 1877.| THE CHRONICLE. 13

QUOTATIONS OF STOCKS ANOU. 8. Bond* and active Railroad Stock* are Quoted on a prtviout page.

BONDS IN NEW YOltK.Price* repretent the per cent value, whatever the par m/j/ bt.

BBOUKITIES.

Mate. Bondi.Alaimna Sa, 1883

dodododododoli-

lt, 186*.88.18868a, 1S88

8a, M. A B. RR..8a. Ala. * Ca. It

9«of 1892

Sot ISMArksr^asfis, funded. ...

do >. [.. 11. A Kt.S. I«»

do U Memphis A L.B.do 7a, L. H.T.V. lN.lldo la, Mlaa. O. A K. H.do la. Ark. Cent. KB...

Connecticut 6s.

Georgia lado 7a, new bonda....do "a, endorsed. ...

do 7a, gold bonda...I lllnolt Is, coupon, 187V. .

.

do War loanKentucky 6sLouisiana 6a

do

dododododododo

8a, new(a, floating debt7a, Penitentiary6a, levee...8a, do8a, do 187SBe, of lilt).

7a, consolidatedis, small

Michigan 6a, 1R7S-79

do la, 1883do 7a, 18J0

Missouri 6e, due 1877.. ..

do do 1978Funding, due 18*1-5... .

Long bonda, due 'S2-'90,

Asylum or Un.,due 1892.

Han. A St. Jos.. due 1886

do do 1887.

New York State—61, Canal Loan, 1877

6a, do 1878•a, gold, reg.... 18976a, do coup.. '867

««, do loan. ..18836i, do do .18916a, do do . ;(n6a. do do 18S3

North Carolina-'s, Old. J. S Jdo A. A ON.C.KR J.AJ....

do .. ..A.AO...do coup, off, j. A J..do do off, A. A O.

Funding act, 866do 1868

New bonda, J.AJdo A. AO

Special tax, Class 1

do Claaa i

do Class 3Ohio 6a, 1881

do 6s,:886Rhode Island 6aSouth Carolina—

6a..Jan. A JulyApril A OctFunding act, 1866LandC, 13ri9, J. A J...Land C, 1889, A. A O..7aof 1888Non-fundable bonda .

Tennessee 6s, olddo 6a, newdo 6s, new series

Virginia—6a,old6a, new bonds, 1?66.. ..

6a, do 1867.. ..

6s,consol. bonds6a, ex matured coup. ..

6a, consul., 'Id scries[41

6a, deferred bonds...,,,.District of Coluniblas.tBs

do small..do registered

Railroad Stocks(Actirepre'i'uilyquoCd.)Albany A Susquehanna. .

.

Central PacificChicago A Alton .

do prefClare. Col. Cin. A ICleve. A Pittsburg, guar..Col. Chic. « I. Cent.Dubuque A Sioux City. .

EtieprefIndlanap. Cin. A LafJollet A ChicagoLong IslandMissouri Kansas A Texas.New Jersey SouthernN.T. New Haven A Hart.Ohio A Mlsslss'ppl.prefPitts. Ft. W. A Ch.,guar..

do do special.Renaaelaer A Saratoga. ,

Rome A WatertownSt. Louis Alton A T. H ...do do pref.BellevlllcA So. Ill.,pref

.

St. L.I. M A Southern...St. L'. K. C. A Nortu'n.prefTerre Haute A lnd'polia .

Toledo Peoria A Warsaw.United N. J. R. A CWarren!>Iiacel'oaa Mocka.Am. District Telegraph.Canton Co., BaltimoreCent. N.J. Land A lm. Co.American CoalConsolidate Coal of MdMarlpoaa L. A M. Co. ..

.

do do pref.Cumberland Coal A IronMaryland CoalPennsylvania CoalSpring Mountain CoalKallroad Bonda.(8tock Exchange Price* )

Albany A Suaq. 1st bondsdo .d Uudo 8d dodo 1st eons. BMW

Boston H. A Erie, 1st in.

.

do guar. ..Bnr. C. KA Minn., 1st 7s,gChaaa. A Ohio «a, 1st m.

do ax coupi

.,

Chicago A Alton lat mortJlLI

Bid. Ask.

BOill

s44

4

4

I07J4101106*4

Itf-J,

1011011014.'.

ir,

4'l

4540411

40

7tK

is*W48m

sncoMTi as.

Chicago A Alton, IncomeJollet A Chicago, '.St mort...Louisiana A Mo., 1st m., guarSt. Louis Jack.A Chtc.lst in

Chic. llur. A U. 8 p. c, lat m.do do consol. in. 7ado Saalnk'gf'J.A.AO

Chicago, Rk. lelano A Purine.do S. F. Inc. 6e, V>do 6s, 19:7, coupon.do 6*. 1917, rcgltt'd

Central of N. J., lat in., new.do do latconaol...do do con.conv.Lehigh A Wilkes B.con.gnarAm. Dock A Improve, bonds

Ch. Mil. A St. P. stm.Ss.P.D

a.

201»«

1".

doSoJodojodo|oJoiodo

dodododododododododo

2dm. 7 3-10, du7s. gold, It. I)1st is a do .

lat m., La C. D.lstm., I.A M.I).1st in., I. A I) .

lstm., H. A I),

lstm., C. A M..lat m., consol..2d m. do

Bid. Ask aacuiiTias. Bid.

»m

Chic. A N. Western Blnk. funddo do Int. bonds.do do consol. bdsdo do ext'n bde..do do 1st mort...do do cp.gld.bda.do do reg. do

4't

4843J4

8031ill)

8aM

wu

sii

24

78M

Mi

BM

127

IS)

n

Hi

14

5Js

10

Effi109:os105H6103J*10H1.L,

re«2

I

40KM

117

Iowa Midland, tut mort. 8aGalena A Chicago Extended.Peninsula 1st mort.. rouv, .

.

Chic. A Milwaukee, Ut mortWinona A St. Peters, 1st m..

do 2d mortC, C. C. * Ind's 1st in. 7s, S. F.

do consol. m. bond.Del. Lack. A WeBtern, vd m. .

.

do do 7s, con v.

Morris A Essox, 1st. mdo 2d mortdo bonds, 1900....

do construction.do 7b, of 1871 ...

do Ut con. guar.Brie, 1st mort., extendeddo do endorseddo 2dmort.,?B, 1819 ...

do Sd do 7s, 18S3do 4th do 78,18*)do ftth do 78,1888do 7s, cons., mort., gold bdsdo Long Dock bondsBuff. N. Y. A E, 1st. m., 1877..

do do large bds.do do new bds, 1916

Han. A Bt. Jo., land grantB .

do 8s, conv. mort.Illinois Central—Dubuque & Slonx City.lBt m.

do do lid dlv.Cedar Y. A Minn., 1st mort.

.

Indlanap. BL A W., 1st mort..

.

do do 2d mort...Lake Shore-Mich. So. 7 p. c. 2d mort.....Mich 8. A N. Ind.. S.F..7 p.c,Cleve. A Tol. sinking fund

do new bondsCleve. P'vllle & Ash., old bds

do do new bdsBuffalo & Erie, new bonds..Buffalo & State Line 7bKalamazoo & "W. Pigeon, 1st

43^ Det. Mon.t* Tol.,lst7i. 1906.

•13H Lake Shore DIv. bonds... .

do Cons. coup.. Ut,do Cons, reg., 1st..do Cons, coup., 2d.,do Cons, reg., 2d

Marietta* Cin. Ut mort.......Mich. Cent., consol. 7&, 1902....

iZh\

do lBtm.88. i8S2, s.f.• • | do equipment bonds.7V5* New Jersey Southern lstm. 7b

do do consol. 7sN. Y. Central 6b, 1883

do 6a, 1887do 6s, real estate...do 6s, subscription,do A Hudson, ut m., coupdo do 1st in., reg..

Hudson R. 7s, 2d til, B.f., 1885Harlem, Ut mort. 7s, coup...

do do 7b. reg ....

North Missouri, 1st mortOhio & Miss., consol. sink. fd.

do consolidateddo 24 dodo ut Spring, dlv..

Pacific Railroads—Central Pacific gold bonds.

.

do San Joaquin branchdo Cal. A Oregon 1st .

do State Aid bonds 1107do Land Grant bonds..

Western Pacific bonds. ...Union Pacific, ut mort. b'ds_ do Land grants, ",s.

* do Sinking fund...Pacific R. of Mo., 1st mort.

do 2d mort....do Income, 7s.

.

do UtCarou'tBPenn. RR—Pitts. Ft. W. A Chic, lstm.

.

do do 2d m.

.

do do 8dm..Cleve. A Pitts., consol., s.f..

iio mi mortCol. Chic. A Ind. C, 1st mort

do do 2d mortRome Watert'n* Og.,con. 1stSt. L. A Iron Mountain, 1st in

.

do do 2d in.8t. L. Alton A T. H.—Alton A T. II .. lat mort . . .

do 2d mort., pref..do 2d mort. lnc'ine

Belleville A 9. Ill.R. 1st m. 8sTol. Peoria* Warsaw, E. D...

do do W. D..do do Bur. Dlv.do do 2d mort..do do consol. 7

Tol. * Wabash, 1st m. extend.do ex coupon....do utm.bt.L. dlv.do 2d mortdo enmp't bonds,do con. convert..

Hannibal A Naples, 1st mortGreat Western, 1st m., 1888.. 101

«*K

m.JlOBX

lO.'l

MM

07H88114

106),

Groat Wcatern, ex coupondo 2d mort., '03. B0

Oulncy A Toledo, lat m.. '10..

Illinois A So. Iowa, 1st mortdo ex coupon

Lafayette Bl'n A Ml—., 1st mHan. A Cent. Missouri, lstmPekln Llnc'ln A Dec't'Mst m

Western Union Tel., 1900, coup iOl^do do reft

Boston A N. Y. Air Line, lat mCin. Lafayette A Chic, iBt mDel. A Hudson Canal, 1st in. ,'9: M\ido do liSI M7do do 1877 »7do do coop. 7s, !6M M0do do re|(. 7, 1891 005%Long Island HIS., let mort. ..

South Pacific Railroad, 1st mSt. L. A San F., 2d in , class \.

do do class Bdo do class C.

South Side, L. I., 1st m. bonds,do sink, run j..

ffllacellaneoua i.i.i.(Brokers' UunlaUons.)

CITIES.Albany, N. Y.. «a 107Buffalo Water, long t 112Chicago 6s, long datea t 103

do 7s, sewerage t 109do 7s, water t low}.'do 7s, river Improvem't t 109

Cleveland 7«, long + 107kDetroit Water Works 7a t HOiJKllzabcth City, 1880-95 t 9Jj

do 1885-93 t 95Hartford 6a, various Il03Indianapolis 7.80a t|103Long Island City t 97Newark CIty7e long t 113

do Water ,s, long...-TH3J4Oawego7s t 103

109ill1. HI

ioatoe

102).i112 '

109105),-

93 W>

112H

18S.::::

117).117I 111

118

wM

1/7-V

-'5

10

109H100100ida1114

•S',

:,4

b-

i.i

4;1)5

SB101

.lO'M

sua

Irs80„

.10! H| 103ft

101*

lisno1031WMi as

oiki-

iff

108in7;i

hi

88^

119118X

927462*

I'onghkecpsle Water \liochesterC. Water bds., 1903tToledo 8s. 1877-'89 tToledo IJOs.Yonkers Water, due ISM

RAILROADS.Atchl*on A P. Peak, 6«, gold.AHantlc A Pacific L. G. 6s, gldAtchison A Nebraska, 3 p. c. .

.

Bur. A Mo. Rlv., land m. 7s...

t

do 3d S., do 8s...

t

do 4th8.,do8....tdo 5thS..do8s...tdo 6th S., do 8a...

t

Bur.C. R.A N. (Mll.)g. 7a....CalroA Fulton, 1st 7a, gold...California Pac. RR., 7s, gold .

.

„ do 6s, 2am. g.Canada Southern, lstm

do with Int. certltsCentral Pacific, 7s, gold, conv.Central of Iowa lstm. 7s, gold.Keokuk A St. Paul 8s ...* - *Carthage A Bur. 8a ...Dixon Peoria A Han. 8a.O. O. A Fox R. Valley 8sOulncy A Warsaw Bs .

Illinois Grand Trunk.. .

.

Chic. Dub. A Minn. 8s ..

Peoria A Hannibal R.Chicago A Iowa R. SsSs.American Central 8s ... J Q -f

Chic. A S'thwestern 7s, guarChesapeake A G.2d m., gold 7sChicago Clinton A Dub. 8sChic. A Can. South I at m. g. 7e.Ch.D. A V., I. dlv., lstm. g. 7s.Chic. Danv. A Vlnccn'a 7s, gldCol. A Hock V. 1st 7a, 30 years.

do 1st 7s, 10 years.do Sd 7s, 20 years..

Connecticut Valley >sConnecticut Western 1st 7a ..Chic A Mich. L. Sh. 1st 8a, '89'

Dan. Urb. Bl.A P. lstm. 7a, g.lies Moines A Ft. Dodge 1st is.Det. Hllltdale A In. liB.Sa...Detroit A Bay City 8s, end . "tDet. Laos. A Lake M. 1st m. «'....Dutchess A Columbia 7a... . I 8Denver Pacific 7s, gold... 55Denver A Rio Grande 7s, gold. 25Evansvllle A Crawfordsv., 7a. . llOOErie A Pittsburgh 1st 7a

1100

do con. m., 7a.. 90„ do 7s, equip... I—Evansvllle Hen. A Naahv. 7s.. J 84Evansvllle, T. H. A Chic. 7s. g. • ..Kllnt A Pcre M. Bs.Land grant. «78Fort W., Jackson A Sag. 8s, 'S9 -52>iGrand li.A Ind. '.at ;s, Lg., gu.l....

do iat7a,l.g.,notgj. : 7Sdo 1st exl.tr. ,s.j 40

Grand River Valley S», i at m. . t . .

.

Hous. ATexaaC. 1st 7s, gold. J 82do conaol. bda..' ....

Indlanap. A Vlnccn. 1st 7s, gr.. 75

•aouaiTiia. Bid. AiK.

109lOHJf25100X

idi'

a4

2.-)

ID3

4510110090

27•t5520

6o

llll

Ill

1UM7117

106108I MO115

*V9II

98

19

M10!18M

H4340101

100! 7098

N.J. Midland 2d 7a 1NewJeraey A N. Y. 7s, goldN. Y.AOaw.Mld. lat..". 0U

do 2d 7a. conv. Mdo recelv'a ctfa.(labor) 27*do do (other) SO

North. Pac. 1st m. Rl4. 7»-K> .. 11Omaha A Southwesicrn lilt, aa 98imwcko A Home 7s, guar .... 98Peoria Pekln A J. lat mort ... ..,Peoria A Hock I. 7a, gold 80Port Huron A L.M. fa, g. end. 14Pullman Palace Car Co. atock. 6a*

do bda., 8a, <th series 90Rockf. 11. I. A St. L. 1st 7s, gld 10

95 lltondout A Oswego 7s, gold.94 Sioux City A Pacific 6a

Southern Minn, lat mort. 8a... A0do 7a, lat 98

SL Jo. A C. Bl. lat mort. 10ado do 8 p.c

Sandusky Mans. A Newark Sa. 88St. Loula Vandalla A T. H. let. '98

do 2d, guar "05St. L. A So'eaatern 1st 7s, gold. 84St. L. A I. Mt. (Ark. Br.) 7a. g. 64South. Cent, of N. Y. 7a, guar. 96Union A Logansport 7a 60Union Pacific, So. branch, 6a,g 54Walklll Valley 1st 7s, gold..West Wisconsin 7a, gold. ..Wlecunsln Cent., 1st, 7a 35Mercant. Trust real est. mort.7-

Sonthern Securltiea.{Brokers' Quotations.)

STATES.Alabama new consols, Claaa A

do do Claaa BGeorgia «a of 1889 98South Carolina new conaol. Us. I 69Tcxas«s,1892 M.48. 95do 7s, gold, 1904-1S70. J.AJ. 10«>4 109«do 7s,gold,1904 J.AJ. 109 |i09Wdo IOs, 1881 J.&J. 100 1 101do 10s, pension, 1891.. J.AJ l(Wa 105X

CITIES.Atlanta.Ga., 7a 90 92

do 8s 95 97do watcrworka 91 93

Augusta, Ga., 7s, bonds c4 87Charleston stock 6a 63 66Charleston. B.C., 7a, F.L. bda. W S8Columbla,8. C, 6s 86 75Columbus, Ga., 7s, bonds ' 67 liLynchburg6s 94Macon bonds, 7s ' 82 ' 83Memphis bonds C ' 30 83

do bonds A A B *m 35„ do end., M. AC.RK ..; 80 .

Moblleis (coups, on) — 30do 8a (coups. on) ... 25do 6a, funded "> 47X

Montgomery 8s 30 60Nashville 6s, old 70 80

do 6s,new ' 70 77),New Orleans prem. 5a 84 So

do consol. 6a *o 48do railroad, 6a.. .

do wharf lmp'ta, 7-30 °*Norfolk 6s :...!.„ »0Petersburgfta ' 95Richmondf6a 99 100Savrnnah 7a, old .' 50 55

do 7s, new 80 66Wllm'ton, N.C., 6s, gold j coup 6° 9"

do 8s, gold J on. 80 80RAILROADS.

Ala. A Chatt. latra.Sa, end.... *Ala. A Tenn. Rlv. 1st mort 7a.. -•Atlantic A Gulf , conaol 68 TO

do end. SavanTi. 30 *•do stock ••do do guar. . . • • •.

Carolina Central 1st m. 6s, g... 24Central Georgia consol. m. 7a. *>•

do stockCharlotte Col. A A. lat M.Ta.. ?*

do do stock ...Cheraw A Darlington 6a .. ICO 108East Tenn. A Georgia 6a 85 88East Tenn. A V». 6s end. Tenn <• **E. Tenn. Va. A G». lat m. 7a. . . M 90do do stock.. 85 48

GeorglaRR.78 1C5 H.7do stock 78 88

Greenville A Col. 7a, 1st mort. •• "O46

3010144102102^110

|

110110

8001*4

Iowa Falls A Sioux C. 1st 7s.

.

IndlanapollsA St. Louis ;sHouaton A Gt. North, let 7s, g.International (Texas) :stg ..Int. H. A G. N. conv. 8a. . "...Jackson Lans. A Sag. 8s, 1st mKansas Pac. 7a, g..ext. Man ,*v9

do 7e,g., rdgr.,JAJ,'80do 7a, g., do MAS.'uhdo 6a,gold, J.AD., 18'J6

do 6s, do F.A A., 1895.do 7s, Leaven, br., *96..do lncomea.No.ildo do No. 16do Stock

Kalamazoo A South H. 8a, gr.tKhI. Alleghan. A G. R. 8a, gr.K.inaaa City A Cameron 10s.»tKan. C. St. Jo. and C.B. 8a of '83

do do 8ioft6Keokuk A Des Molnea 1st 7s. .

do funded Int. 3sdo pref. stock...

Lake Sup. A Miss. 1st 7s, gold.Leav. Law. A Gal. lat in.. 10a.Logana. Craw. A S. W. 8a, gld.Michigan Air Line 8a •*

Muntlcello A P. Jervla .a, gld.Mulitclalr AO. L.lst Ts

do 2dm. 7aMo. K.« Tex. 1st 7a, g., 1904- '06

do 2'i m. Income...N. Haven Middlefn A W. 7a...N.J. Midland lat 7a, gold

• Price nominal.t anil accrued Intj eat

m!5

8o

44

40103«

8880411

TOm88

8360Ml88

;,:-,

HMlB9H17

47H20

AO 6578 84

32

s.1 8

•frt 7.9390 95

.

71 TAto 90

t!8 2020 21

A60 65

75 SO15 8080 •'-"i

in1 6

87 80

do 78. guar. .

Macon A Augusta bo.idsdo 2d endorsed.do stock

Memphis A Charleston 1st 7sdo 2d 7a...

. do stork.Memphis A Little Rock 1st mMississippi Central 1st ra ,a .

do 2d m. m .

Montgomery A West P. 1st 8aMont. A Eufaula 1st 8a, g., endMobile A Ohio sterling 8a .

.

do do ex cert. 6ado 8s, Interestdo 2d mort. 8s

N. Orleans A Jacka. lat m.Ssdo 2d m. 8a.

i yaehvllle Chat. A St. L. 7a.Norfolk A Petersburg 1st m. 8a

do do 7a

. tdo 2dm. 8a

Northeastern, 8. C, lat m. 8a..do 2d m. 8a..

Orange A Alexandria, lats, (a.do 2ds,6a.do Jils.Sa...

do (tlia.Ss..Rlchm'd A Pctersb'g 1st m. 7s.Rich. Fre'ksb'g A Poto. (a

do do mort. 7aRich. A Danv. 1st consol. 6a.

.

Southweat RR., Ga .conv 7s,'e6S. Carolina RR. lat in. 6a

do Ta, 1102do 7s, non mortdo stock

Savannah A Char, lat M.7a. ..

Charleston A Savan'h 6a, endWeat Alabama 2d m.ps, guar

do latm. Sa ... .

PAST Pt»E COUPONS.Tennessee State couponsSouth Carolina consolVirginia coupons

do oonaoi.coupMeniohls City Coupons ....

1'ilce nominal.

4a

*8

'rifiM4

27wT2

Un372.1

6P8H82

(•«'

Ml

100nMJI'.l

87i|i859675

3640403010

10087

Si*-

78

8690786780108

ifl

\«

.-.a

76

I'M.to


NEW YORK LOCAL SECURITIES.

Bank Stock List.

Companies,

Marked thin (•) Sare not National, a.

America* -

American Exch

.

Bowery ....

Brewers' 4 Gro'a"BroadwayBull's HeadButcherB4Drov..CentralChathamChemicalCitizens'City..CommerceCommercial*—ContinentalCorn Exchange*Dry GoodB*Bast RiverEleventh Ward*FifthFifth Avenue*..FirstFourthFultonGallatinGer. American'Ger. Exchange*,Erermanla*Greenwich*Grand Central'....Grocers"HanoverHarlem*Import. & Traders'IrvingIsland City*Leather ManufManhattan*Hannt. 4 Mercfe 4

.

MarineMarketMechanicsMech. BkgAsso..Mechanics& TradMercantile.MerchantsMerchants' Ex....Metropolis*MetropolitanMnrrayHlll*Nassau*New YorkNew York CountyN.Y.Nat.Exch.NinthNorth America*.North River*....Oriental*Pacific"ParkPeoples*PhenlxProduce*RepublicSt. NicholasSeventh WardSecondBhoe and Leather.SixthState olN.YTenthThird ...

Tradesmen'sUnionWest Side*....

Amount

100

100100ion

•r>

10

2510028100

83

100100101)

oo100100

25

23

100

100100

100

1050100

100

100

It!SId

too100IK

3050

.00

50

MOil

100

X50

2!

100

505"

100

100inn

100

I nonoion100

100

c ttJ si

B.tSOtMTS

:i,n\).i»'i

5.000,000250 UK'ISO.OtO

1.000,011

BOOJJOO500,000

1000,001450,000800,01X1

600.01X'

1,000,00010,000.01X1

100,0001,250,0001,000 000l.Ot m.ooi

350,001)

200,000150,000lon.ioo500.00"-50,000

eoojwc, 500,001

i ooojow'200.WX

200,00)

mjK>U'O.OOO

300.000

1 000,000100.000

1 500,00'500.000

100.0.0600.000

2 050.1M'l'xi.oeo

400.0001,000,00c., ooo.noo

500.000600.000

1,000,000

3,0)0,0001,000,00(1

500,0003.OOO.0OO

200,000'

1,060WC3,000,000200,000300,000

1,500,0001 inm.liDo

400,000300,000422.7O0

2,01X1,000

412,5001,000.000250.000

1,500,000

1,000,000300,000

800,0001,000,00(1

200.000900,00100,000

1,000.00(1

iooojm1,500,000200,001/1

.819,2001,506,700218.000

2.9001.223,(X0

S2.S00137.900394,300197,501

808»,4'JO

176,3001,491.100

3,092,501

9,100184,100

6W.40C31.1076.S0J19,6013,400121,500

497.900849.100SOS.GflO

612.90086.200Sl.fOC4S.50013,0008,200

10.300124.2001S.1-00

i,7i7.eoo121.100

18,?00416,500

1,191,400

11,500

61,100385,800

1 031,80093,100311 500210,500873.000230,(0035.700

919,00)7,l'0l

51,200681.-0096.900

16 0001U.30033,90086.700173,4(10

227.EO0440,50016S.e00

m.eoo15,°<00

266 000132.60049.30071.200271.20038.800188.S0O15.400

178.400

441 .100756,f00

85.400

J.4 J.M.4N.J.4 J.

J 4.J.M. * S.

i. & J.

J.4 J.J.4 J.Bl-m'ly;.& JQ-FJ.4 JJ. & J" &J

DlVIDINDS.

Period 1875.

JF.4A.J. ft J.J.4 J.J.4 J.Q—J.

Q—j'.'

.1.4 J.M.4N.A.4 0.F.4 AMay.May.M.4N.

j'ii'j',J.4 J.M.4S.J.4 JJ. 4 J.

J.'ft'.j.

F.4 AJ.* J.J.4 J.J.4 J.J.4 J.M.4N.M.4N.M.4N.J. 4 J.J.* J,1.4 J.J.4 .1

A.4M.4N.1.4 J.J. 4 J

J. 4 JJ. 4 J.J. 4 J.J. 4 J.Q-F.J. 4 J.J. 4 J.J. 4 J.

F.'4A.F.4AJ. 4 J.J. 4 J.J. 4 J.J. 4 J.M.4.N.J. 4 J.J. 4,1.J. 4 J.M.4N..1.4 J.

July2,77...lMay 1,77.. 3

July 2. '77.. 6

10

100

820

7

"a"10

is7X6

10

12"-':

10

IX.

IK10

8810

114

7X•I

Last Paid.

123

11MX

uly2, 77..SSept.l '75. .5

•July 2, 77...

4

July 2, 77.. .4

July 2, 77...

1

Mav 1, 77.15ufy2. '77...

3

Mayl.'77...5July 16,'n..3

Jan'. 6.' 78.. .3

Feb. 1,77.. .5

July 10,76. .2

July 2, 77.. .3

Ju'yll. 76. ..3

Apr.2.77.2X

Ap'r'.'i'.'W.'.'.S

July 2, '77.. .8

Mayl.'77...5Apr. 10,71.SKFeb. 1,71.. .8

May 11, '77..

6

May 2. 77...

6

May 1, 77 '

liia'.'i'HiJuly 2, 77.3XMcf..l,75..4July 2, '77...

7

July 2, 71..

PBICB.

Ask,

July 2. '77...

6

Feb. 10.77. .4

Julyl,75..3XJan. 8, 76. ..5July 2, 71.3XJuly 2, 77...

4

May 1. 77.2*May 1,71 ..4

M»y 1, 77. .8

July 2. 713).July2,'77...3Jan. 3, 76.8XJuly2,77..

"

Oct. 1,75.May 10,77..

July2,77.3XJan. 1,77...

4

Feb. 1,77.. 4

Jan. 2, 77.. 8July 5, '77..

3

Juiyl,'74.SXJuly 2. '77...5

Mavl. 77...

8

July 2,77.. .3

July 2.77...

5

July 2. 77...

3

July.lS74.3XFeb.8,77.8XFeb.. 77. ..4

Jan. 2, 77.. .3

July 2. 77...

5

July 2, "77,

Jau.1,77.Mayl0.77.3xJan.2 74.2XPJuly 2,77..July 2,"^

iao

12JX

131X

IiiHiirance Stock I.Ut.

(Quotations by E. 8. BAtiaY. broker. 65 Wall street.)

IK'S.

UBX

'.US

May 1,77...

4

Jan. 2.77. .4

Gas and City Railroad Stocks and Bonds.[Gas Quotations by George H. Prentiss, Broker, SO Broad Street.]

Gas Companies. Par Amount. Period a-

Brooklyn Gas Light Co 25CltUens'GasCo (Bklyn)

do 9ertmcatc8HarlemJersey City 4 HobokenManhattanMetropolitan

do certificatesdo bODJB

Mutual, N. Y- do bonds

Nassau. Brooklyndo scrip .,

New York ,

People's (Brooklyn)do do boml*do do certificates

Central of New YorkWilliamsburg

do scripMetropolitan. Brooklyn

vor10001

tot

urn25

varin)

10

tonvarH5)1

Talin

2,000,000

1.200,00010031 82O.0C0

50 1,850,00020 336,00050 4,000,000100 2,500.000

1.000.000500,000

5,000,100

1000.000l.lXXI.OOO

700,0004,000,0001 ,000,1100

325.000800.0004S6.0IXI

1,000,0001 000,000l.HOO/'OO

Var.Var.

A. 40.F.4A.J. 4 J.J. 4 J.M.4 8M.4SJ. 4 J.Quar.1.4 J.VarM.&NM.4N.J. 4 J.K.4A.J.'4 J.F.4 A.Quar,J. * J

Date.*

July 2, 77Jan.. '77

April, 77.Feb., 77July 1, *li

July, 71Feb., -77.

Feb.. 77.June 1.73

2X Apr.8X* Aug.,3 Jan.

M. 4N. 2X

May 1,

May I,

Jan., 76

Jan!,' 77Feb. 1,71July, 71Jan., 77.May20.7'

13015

H98100no1301011

110

91

108

10•3rU25908087*121

it

1603091102

is»"188103

10895106

SO100ISO

(096

9095

12510272

405010025

50M100100255050

M5050

1100

10010050

252!

100206050

10050

100100ion

25inn25

50

100100

1

si10

50

200.000200,000400.000200,000200.000200.000

200,000800,000200.000JOOJXXliss.noo800,000210,000250,000

800,000200,000200,000

1JJ00J3O0

900,000200.000'200,00)0

200,010200,000201,000150,000150,00021X.000200.00n

1,000,0005OOJ0O0200,000200.000200,000200,000150,000500.000200,000

S.i'00,000

150,000500,000200,000JOOJXXl200,010150,0002SIHK.

150,000200.000180,000200,01X1

800,000200.000250,000SOOJJOO150.000200,000200,000200.000200,000200.000210,00021X1,000

200,000200,000500.000830,000200,0002O0,IXK)

150.1XK)

150,000ij5oo,ooo

200,lfJO

200,000800,000200 .000

200,000200,000200,0002(X),0O0

200,000200,00021X1.000

200,000150,000250,00031X1.000

250.000

411.850

50,1(6

TS58,32871.1955,245

10,45110»,S6S411,93628,806

S('f,910

2:9.251

t3?9,(H9191, 160

172.1511-2,207

13,376160.326

t745,2S0SlV.Mt111,00?

6,07813J.145155,15610i,l61

16,15396,0001.S46

none6)l.«7691,800135.012

JJIVIDKND8.

3M

187411875

11

10

'5'

10

20

»'

20

'.OH

"S10

'i

5

IX2010

11,18457,663112,19750C.39I

l05.6)-'6

1,002.78441.2931:8,366109,4 IS

61,099

1 117,568

201,83665,593159,503182.77273.175

tl57,H18110.327185.46i

293,653

8l5."07182,03165.715191,0(2

125.4112)9.5(8

128,169841.2352C0.544none22,680

500,3'Jl

132.114410.016

1S9.0S3219,330122,2 15

?69 816

13;2»!

63.581

t 70.106

8,27031.9SI

219.483150.550

55,560

M 9,251)

151.886

71.457 .10

158,263 13

191,709 llO

251 .537 114

201.451 104)6.650 1 10

l

1

-^

10

20

10

to

10

10

10

15

110

20

:0

10

10

10IS10

10

1020

11)

10

17

20

N10

3020

W10

12:•,()

20

20

IS

10

10'

11

10

10

2010

11

15

10

ID

10

10

14

10

12

Adriatic...J&IDAAmericanAmerican Exch'e..AmityArcticAtlanticBowery ;,•.,•Brewers' 4 M'lst'rs

BroadwayBrooklynCitizens'.CityClintonColumbiacommerce Fire

—

CommercialContinentalEagleEmpire CityEmporiumExcnangeFarrasutFiremen's — .

—

Firemen'sFund—Firemen's Trust...Franklin..Gebhard.German-AmericanGermanlaGlobeGreenwichGuarantyGuardianHamiltonHanoverHoffmanHomeHopeHoward...........lmporterB'4 TradIrvingJefferson ••,••,

Kings Co. (B'klyn)Knickerbocker...Lafayette (B'klyn)Lamar

Long lsiand(Bkly.)Lorlllard ...•••••.

Manuf 4 BuildersManhattan .

Mech.4Trad'r»'....Mechanlcs'(Bklyn)MercantileMerchants' ........

Montauk (B'klyn).Nassau (B'klyn)..National... ... ..-•

N. Y. Equitable...New York Fire ..

N Y. 4 BoBton ..

New York city...

NlasaraNorth PJverPaclAcParkPeter Cooper. .

People's.....Phenix (B'klyn)Produce ExchangeBeliefRepublicResoluteRidgewood

—

Rutgers'..SaievruardSt.Nlcholas...StandardStarSterling......Stuyvesant...Tradesmen's..United StatesWestchester...Williamsburg Clty^

Overall llabllllles. Including rc-lnsurance. capital and tcrlp

10

20

10

20

211

211

20

111

10

10

35

»

N11

to

201515

10

12

io

'

10

SO'0

1)

uV20

10

10

l*

1012

12

1010

20

10

20

.0

10

2)

10

11

II

H20

10

nn25

:8

20

20

77 .5

77.

6

77..

7

7T..5

77. .4

Jan.,Apl.,Jan.,Jan ,

Jan.,Jan.,Jan.. '77. .5

June,77.10Feb.,71..

5

Feb. .77. 10

Jan.luly,77F..1J..7July. TJuly, 76..

5

Jan.. 71. .5

Jan.. 77. .5

Jan ,77.6-21

Apr., '77.11

July, '77 .7

Jan.. 77 .3

Feb., 77.10Jan.,77.7XJuly. '77. .»

Jan.. -77. .5

Jan., 77

Am:.. 78. .5

July.""

July, 77.15July.77..10Jan- '77 .10Jan.. 77..

5

Jan., 77. .5

July,'7;..10July. '77. 5luly, 77.,

5

Jan„'77..5Jan. ,77..

5

July,'77...6July, 77..

6

July, 77. .5

Men. ,'77..

5

July. 77.li

Jan., 77..

5

Jan. '77.HJan. ,77..

5

Jan.,77..5Jan., '77.10luly,''77

Jan , 77Jan.. '17.11

July, 77.10Ju'y, 77.111

July, 77. .5

Jan.. 77.10Juie,77..B!July, '77.10

Jan., 7July, '77.10Feb. .71. 10

Askc"

"so"100150

10

10

10

11

20

12 w10

II t

US10

20

20

16

10

1 2(1

1711

101•51

1(0

M165

90

IS2

iao'1-0

16il'

140

iao'

180

90220

1UIN16'J

125

135115

75US

1402957096160ISO»111090120112100160ISO

101160

10j"

n1012

103025

20

20

8h10-

10111

1825

13X1"

t15

108025II.

10

20

Ja-. . 77July, 77,A' I., 77..

6

July, 77.li

July. 77.10Jan. .77. 10

July,Jan.,

July,Jan.

.-

77. Ill

17 5X77. 5

71.,

6

July", 76 .51

July, 77.

5

Feb.. 77.10July, 77. .8

Feb., 77. .5

,lan77.«-12l<

July.'Tl 7XFeb ,77..

5

I Jan., '77. SI

[July, '77. 8

I July, 71..

B

Ijan., 71..5I J in.. 77.101

96

140140

192X

"six170

125^0

87959t>

65

110190

100

163175

155

[Quotations by H. L. Gbant, Broker, 145 Broadway.]

BtAecttr Sl.<* FultonFerrti—sia.1st mortgage

Broadway tt Seventh Aoe~stk..

1st mortgageBrooklyn Oitu—stockIstmortgage

Broadway (Brooklyn)—stock...Brooklyn tft Hunter's Pt—stock.Istmortgage bonds

Bu»hwlck Av. {B'klyn)—stock..antral Pk, JV. <E E. River—tin.Consolidated mortgage bonus

Dry JJock,JS. B. dcBaltery—atk.1st mortgage, cona'd

Eighth Arcni"!—stockIstmortgage

12<JS1. <t '/rand SI J>err-/-stocklit mortgage

Central Croen 'Joum- stock. ...

IstmortgageHowtton. Went HLAPavJ^y—iDtIstmortgage

Second Arenur—stock,

Istmortgage,

3d mortgageCoat. ConvertlolcExtension t ,

tiixlh.Anertac- stock1st mortgage

Third Ave-.nue—aloclLIstmortgage

Tirtmtiilhira Street—slocn. . . .

lstmortCHife

mi1000100

urn10

1000100

100uoo100

1001000100

3C0 *c100

1000100

1000100

1000100500100100010001000

500 4cIO*1000100

10001(F)

in

900,000694.000

2.100.000

1,500,000

IXW'00030)1,1100

200,000400,000800,000600,100

1,810,000

1,200.0001,200,000900.1 XX)

1,000,000203,000748,000236.IXXI

600,01X1200,1X1

250.00J500,000

1,199,51X1

20,000150,000170,000200,000750,01X1

415,0002,000,(1X1

2 00)1,1X41

600,000250.000

J.4 J.J.4 J.J.4D.Q-F.M.4N.Q-J.A. 4 0.J..4 J

.

J.4 J.J. 41).Q-F.J.4DJ. 4.1.

J.4 JM.4NA.40.

m!4N

2X

*I

1900Jan , 71

May,Nov.AplOct.,

105

*Thlj column shows lait dividend on Hocks, but the date of maturity of Oomit

J.4 J.Q.-F.J.4D.A.40.M.4N.A.4(1M.4N.J.4 J.Q-F.J.4J.J * J.MAN.

t 'lh-» fiUrpluS'

DVSued'bT8crirA's'deducte" .'and'Thelagures' stand as actual net tmrplut.

j Continental, U'45 ; Standard, 11 55.

City Securities.1Quotations by Da mat, A. Mohan. Broker, 40 Wall Stre°t.l

1NTKKKST.

Jan., '71

1895Feb..Juoe, '93

Jan , 71Jan., '84

May.April. '93

Nov'.'.isOl

Julv.1894April, 'HDec. '77

April, '«

May, '88

uct., '83

May. '77

1390May, '77

1890Feb ,

'

May. '93

M10in

wso100155KM)

115

102XSO'.))

II75

72XMl91N

105

KBllKl

901011

yet- York:Water stock |r^;i5

do 1854-57.

Crotou waterstock.. 1845-51.

do do ..1852-60.

Croton Aqued'ctstock.1865.do pipes and mains...io reservoir bonds

Central paik bonds. .1853-57.

do UO ..1853-65.

Dock bonds 1870.

do 1S75.

Floating debt stock. . . . 1860.

Market stock 1MS^?-Improvement stock— 1869

vdo no ....1869.

Consolidated bonds var.

Street Imp . stock) var

.

do do var.

New ConsolidatedWestchester County

Months Payable.

5

65667«56

7««7•7

V'

»>

^Quotations oy N. r. r*

Feb., May Aug.& Novdo dodo dodo dodo do

May 4 November.Feb., May Aug.4 Nov

do dodo do

Mav 4 November.

Feb.,May, Aug.4 Nov.May 4 November

do dodo dodo dodo dodo *io

January 4 July.do do

.Iri rtroner. *

1377-801377-791890

1883-901881-19111S84-19001907-111877-931877-95190119051878

1894-971839

1879-9019011S88

1879-8218961891

Askd

100

10011(1

1081 3

112100

no10011*

106

mix118

104105

110

102XIMX1)9108

100X112

100X106106118107

U«X107119107102119105117112105

108111107

hrooklyn— Local Lmpr'eru'l—City bonds

do »I'irk bondsWater loan bondsBrldpiebondaWater loan. ...

City nonosKings Co. bonds

do doPark bondsBrldgi j*v—•Alt Bruoalyn bonds flat.

January 4 July,do dodo dodo dodo dodo dodo do

May 4 November.an do

January a July.do do

isie-80 1(2

issi-95 104

1915-21 116

1903 118X1915 lit

1902-100.5 106 X1881-95 U'l

1880-83 1101880 1IW

1921 171907-1912 106

108

110119719

119X109

1C8112109

lit110

IQuotatlons by C. Zabruki* 41 Montgomery St , Jersey City.]

Jersey tMy—« January 4 July. 189S 10IX in*7 January 4 July. 1899-1902 110 111

7 do do 1377-79 101 102

7 Jan., May, July 4 Nov. 1891 109 noJ J.4 J. and J 4 D. '.90S 110 HI7 January and Julv. 1*M ins 105

July 7, 1877. THE CHRONICLE. 15

InvtetmtntsAND

STATE. CITY AND CORPORATION FINANCES.

The " Inventors' Supplement" Is published on the last Saturday

of each month, and furnished to all regular subscribers of the

CnRONici.K. No single copies of the Supplement are sold at the

office, as only a sufficient number is printed to supply regular

subscribers.

ANNUAL REPORTS.

The Quicksilver Mining Company.

{For the year ending Dee. 31, 1876.)

The President's annual report has the following:

Tbe monthly production bLowb an aggregate increase over the

year 1875 of over 50 per cent.

This increase of production Is all the more gratifying whentaken in connection with the fact that the absolute cost of pro-

duction of this larger amount is materially less than for the

smaller product of the preceding year. The gratification is how-ever lessened by the fact that the quicksilver marketed has

been at a price less by nearly 24 per cent than even the lowprici's realized during the year 1875.

The general improvement of the year to the mines and prop-erty has been of an important and substantial character, espec-

ially is this true in regard to two capacious furnaces which doexcellent work. During the past year, $300,000 of the secondmortgage bonds of the company have been paid off and cancelled,leaving unpaid and outstanding $400,000. The report of theSecretary and Treasurer shows thai the value of the cashitems on hand at the close of the year is equivalent to thesum of $550,000, more than enough to extinguish the entireindebtedness of the company. The amount paid in extinguish-ment of the bonded debt of the company, with interest thereon,during the past four years, together with the value of the quick-silver, and the actual cash on band Dec. 31, 1876, make the sumof $1,700,000, equal to four and a quarter per cent per annumupon the entire capital Block during that time. The debt is nowpractically extinguished, the mines were never before producingso much quicksilver at so small a cost, their condition is mostexcellent and promising, and, on the whole, it would seem asthough your prospects were such that you can be safely and sin-cerely congratulated.

MANAOEIt'8 ACCOUNT FOB 1876.

Cash balance due the company Dec. 31, 1S"5 154,457

Cash receipts 1876

:

Quicksilver sales \<?'M flasks at $19 53 , $739,470Advances on consignments 10.8C0Interest oh deposits and discounts on silver and purchases. . 9,469Rents and privileges 19,8ft!Woodland, for wood cut 2,118Profits on materials and labor 1,021Virginia City lot sold l.eoo

$783,740

$338,167Cash expenditures

:

Mine pay rolls $269,835Hacienda rolls 50,430Improvement pay rolls 30,702Materials and supplies 131,770Miscellaneous ana taxes 30,334Legal expenses 11,307Advances on quicksilver repaid 57.600Remittances to New York office 500.000Exchange on same 1,820

778,801Balance

, .. 64,390

$8a8,i!)TThe net receipts from sales In 1576 were 18,706 flasks at $39 53 $739,4"0The net receipts from sales in 1575* were 18,318 flasks at $55 54 741,657Increase In number of flasks sold in 1876, 5,353.

Decrease in average value per flask in 1876, $16 01.' Decrease in amount received from Bales 1876, $2,187 61.

• Sales for 1874 and 1875 were incorrectly stated In last report, advances andlosses by Ore having been deducted.

The price of quicksilver was unfavorable throughout the year;

in San Francisco sales were made in July at 40 cents per pound,which is the lowest price on record in that market.As nearly as can be ascertained, the production of the State in

1876 was 75,000 flasks, a gain of 22,000 over 1875. The reportedexports by sea were 41,140 flasks, valued at $1,640,424, against28,960 flasks, valued at $1,704,417 in 1875. 24,526 flasks of thisquantity, or 50 61 100 per cent, were exported to China. If tothe exports by sea, 41,140 flasks, we add 7,693 flasks overlandshipments by rail, we have a total export of 48333 flasks, leav-ing for consumption in California and Nevada 26,167 flasks.

BALANCE SHEET, DECEMBER 31, 1876.

Dr.Real estate and mining prop-erty $11,047,875

Convertible bond Btock 71,000Railroads 76,465Furnaces 193,060Furniture 4,000Machinery and tools 61,111Houses and lands 156,686Materials and supplies 66,137Miscellaneous property 11,948

Woodlands $16,000Quicksilver on hand ) 23,830Ore 181,010David Mabany, Treasurer,cash and loans 88,677

James B. Randol, Manager,cash 84,396

$12,181,189

Cap. stock, pref. $4,991,300Cap. stoci. com. 6,708,700—lO.OOO.Ot'O I

Mortgage bonds 400,0001

Or.Income account $1 ,781,139

$13,181,139

Chicago Rock Island & Pacific.

{For the year ending March 31, 1876.)

The following brief history of the organization of this Companyand its various branches was given in the annual report latelyissued :

The Chicago & Rock Island Railroad Company was incorpor-ated by special charter, granted by the Legislature of Illinois, in

1851. Its main line was completed in 1854, from the city ofChicago to the city of Rock Island on the Mississippi River, adistance of IS 1 \ miles. In 1852, tbe Mississippi & Missouri Rail-road Company was incorporated in Iowa, with power to build andoperate a railroad from the eastern line of the State, at Davenport,by way of Des Moines, to Council Bluffs on the Missouri River.* * * In 1866, the mortgages executed by the Mississippi <Si

Missouri Railroad Company, to secure the payment of moneysborrowed and expended in construction, were foreclosed, and its

property purchased by tije Chicago Rock Island ~h Pacific Rail-

road Company of Iowa, a corporation organized in the interest ofthe Chicago & Rock Island Railroad Company. On the 20th ofAugust, in that year, a consolidation was effected between theIllinois and Iowa Companies, under the name of the ChicagoRock Island & Pacific Railroad Company, by which the prop-erties, rights and franchises o( both corporations were united.At that time tbe main line in Iowa extended from the city ofDavenport to Kellogg station, lorty miles east of the State cap-ital, and distant from Davenport 130 miles. The bran;h knownas the " Oskaloosa Branch" extended from Wilton Junction, byway of Muscatine, to Washington, the county Beat of Washing-ton County, in the State of Iowa, and was fifty miles in length.In 1867-8-9, the main line was extended from Kellogg station,

by way of Des Moines, to Council Bluffs, on the Missouri River, afurther distance of 180 miles, the entire main line being openedfor traffic in June, 1869.

In 1868, the Secretary of War was authorized by an act of

Congress to construct a new iron bridge over the Mississippi

River at Rock Island, and to grant to this company a right of

way over the island and bridge.

In 1872, the Oskaloosa Branch was extended from Washingtonto Sigourney, the county seat of Keokuk County, a distance of

2Si miles ; in 1875, from Sigournev to Oskaloosa, the county seat

of Mahaska County, a distance of 25 miles ; in 1876, to Knox-ville, the county seat of Marion County, a distance of 24$ miles,

making the entire length of the " Oskaloosa Branch," from Wil-ton to Knoxville, 128 miles. This branch, with the IndianolaandWinterset lines, passes through or into eight of the best counties

of Iowa, lying in tbe third tier north of the State line.

In 1874, a corporation known as the Oalumet & Chicago Carai& Dock Company, having graded a road from a poiat on the line

of this company's road to the harbor at the mouth of the CalumetRiver, 6J miles, proposed to convey it, with right of way, to this

company, provided it would lay the track and complete andoperate the road. This proposition was accepted, and the trans-

fer completed, and this is known as the South Chicago Branch.In 1854, the Peoria & Bureau.Valley Railroad Company com-

pleted its railroad from Bureau Junction, on the line of theChicago & Rock Island, to Peoria, a distance of 46$ miles. Acontract was entered into between the two companies, wherebythe Rock Island became the lessee of the entire property andfranchises of the Peoria & Bureau Valley Railroad, in perpetuity,

at an annual rental of $125,000.

In 1869, the Chicago & Southwestern Railway Company, a cor-

poration organized under the laws of Iowa and Missouri, com-menced the construction of its road from Washington, on theOskaloosa Branch, to a point in the State of Missouri, on theeaBt bank of the Missouri River, nearly opposite the city of

Leavenworth.On tbe firet day of October of that year, a formal contract was

executed between the parlies, and on the sixth day of the samemonth, the bonds, and a mortgage by which they were Becured,

were executed. By the express terms of the mortgage it wasprovided that if this company should be required, in the perform-

ance of its contract or guaranty, to pay either principal or interest

of the bonds, it should be subrogated to the rights of tbe original

holders, and should have the right to demand a foreclosure of the

mortgage for its benefit. As the railway was constructed, it wasturned over to this company for operation, on account of theSouthwestern Company. The main line was completed late in

1871. Its entire length, from Washington to the Missouri river,

opposite Leavenworth, is 269 miles. While it was being built,

the Southwestern Company arranged for the construction of abranch from Edgerton Junction, on the main line, to a point onthe Missouri river, opposite Atchison, Kansas, and for the pur-

pose of raising money to be used in such construction, issued

bonds for $1,000,000, and secured the same by a mortgage, whichwas declared to be a first lien upon the branch and a second lien

upon the main line. These bonds were not guaranteed, either

directly or indirectly, by this company. Upon the completion of

the main line and branch, the Southwestern Company ceased to

pay interest upon either class of bonds. Thin company made pro-

vision for the payment of the interest coupons upon those bonds

secured by the first mortgage, as they matured, and continued to

operate the Southwestern roads upon the account of that com-

pany. Not being able to make any permanent arrangement

which would be satisfactory , this company, in 1874, required the

trustees to proceed with a foreclosure of the mortgage of the

main line as to the interest it had paid in the performance of ita

contract of guaranty. In compliance with this demand, the

trustees, in March, 1874, filed a bill in the Circuit Court of the

Doited States for the district of Iowa, praying such foreclosure:

A number of tbe Atchison Branch bondholders intervened and

resisted the application, claiming that this companj had assumed

16 THE CHRONlCLk [Vol. XXV.

the payment of the principal and interest of the Atchison Branchbonds." Issues were joined, evidence taken, and the cause wastried in August, 1875, when a decree was entered which fully

sustained the position of this company, holding that there wasno liability upon its part for either the principal or interest of the

Atchison branch bonds, ordering a foreclosure of the mortgage as

to, and a sale of, the main line, and cutting off all lien thereon

under the Atchison Branch mortgage. It also found that the

Southwestern Company was a general debtor to this company onan .accounting in which it was debited with all Bums paid to

that date, for the operation and improvement of its lines, andcredited with all sums received for the transportation of persons

and property over them. From this decree an appeal was taken

to the Supreme Court of the United States by the Atchison Branchbondholders, and the latter court affirmed the decree of the cir-

cuit court in every essential particular.

In 1871, the Des Moines Indianola & Missouri Railroad Com-pany commenced the construction of its> railroad, from a point onthe main line of this company's road in the city of Des Moines to

Indianola, a distance of about twenty-two miles. For the purposeof raising money to be used in this construction, it issued its

bonds for the sum of $300,060, secured by first mortgage uponits entire property. This company became the owner of thesebonds, and commenced the operation of the road as completed,upon an agreement to apply net earnings in payment of interest

on the bonds. The net earnings of the line were not sufficient to

pay in full the interest accruing, and proceedings for foreclosure

have been commenced, and are now pending in the Circuit Courtof the United States for the District of Iowa.

In 1872, the Des Moines Winterset & Southwestern RailwayCompany constructed a railroad from Summerset, on the line of

the railroad laBt mentioned, to Winterset in Madison county, adistance of about 26 miles. While the construction was in prog-ress, it issued its bonds for the sum of $500,000, secured bymortgage upon its entire property. These bonds became theproperty of this company, and proceedings having been instituted

in the Circuit Court of the United States for the District of Iowa,for a foreclosure, a decree has been entered in accordance withthe prayer of the petition. A sale of the property under thedecree will be made in a few months. The two last-namedbranches have proved quite valuable as feeders to the main line.

In August, 1876, the Iowa Southern & Missouri Northern Rail-road Company was duly incorporated, with full power to pur-chase the main line of the Chicago & Southwestern, the DesMoines Indianola & Missouri, and the Des Moines Winterset &Southwestern railroads. In September, it made an arrangementby which it received from the Southwestern Company a convey-ance of its main line, sub'ject to the above-mentioned decree, andthe rights of the holders of the outstanding bonds. The consid-eration paid to the Southwestern Company for the transfer wasan entry of satisfaction of the amount of the judgment for thegeneral debt to the Chicago Rock Island & Pacific Railroad Com-pany, before mentioned, the Iowa Southern & Missouri Northernhaving completed arrangements with this company for suchapplication of that indebtedness; On the 1st of November of thesame year, a sale was made under the decree of foreclosure of thesame property, and the same company became the purchaser.Payment therefor was made, mainly, with the coupons whichhad been paid by the Chicago Rock Island 6 Pacific RailroadCompany in the performance of its contract of guaranty, and cov-ered by the decree of foreclosure. The same company has alsopurchased of the Des Moines Indianola & Missouri Railroad Com-pany its railroad, extending from Des Moines to Indianola, usingin payment therefor certain assets which had been transferred toit by the Chicago Rock Island & Pacific Railroad Company. Ithas also completed arrangements for the purchase of the DesMoines Winterset & Southwestern Railroad, when the sameshall be sold at judicial sale. The capital stock of the IowaSouthern and Missouri Northern Railroad Company now amountsto $3,200,600, and all but a few shares are under the absolutecontrol of this company. This places the property of that cor-poration under the control of this, and it will hereafter be oper-ated as a part of the property of this company.From the foregoing statement, it will be seen that the property

owned, leased or controlled by this company, at the date of thisreport, is as follows:

Chicago to Cour.cll B'nffs (Main Line) 500W milesPeoria & Bureau Valley Railroad (Brunch) 46J? " '

Okaloosa Brand! US ,Indianola & Winterset Branch...

!"'."""48 '*

South Chicago Branch ......" 9 "Chicago & Southwestern R'y, including Fort Leavenworth RR. S71 •

1,003 miles.

Buffalo New York & Erie.—Proposals for the bonds offered

by this company were opened on Saturday. The total amount of

proposals received was $2,688,000, at from par and accrued inter-

est to 108i, and the whole loan was awarded to Messrs. Perkins,

Livingston, Post & Co. at from 102 55-100, cash, or its equivalent

in old bonds, to 106J and interest. The bonds are issued to take

up old bonds maturing December 1, 1877, and do not increase the

debt of the company.

Chicago Pekin & Southwestern.—Mr. F. E. Hinckley, havingbeen appointed by the Circuit Court of Grundy County receiver

of this railroad, has taken possession of all its property andeffects.

Cincinnati Southern.—A sufficient amount of stock in theCommon Carrier Company of the Cincinnati Southern Railroadhas been subscribed to secure a temporary lease with the trustees,

and the completed portion ox the road will soon be put into oper-

ation. The N. T. Times despatch says :" Late developments in

connection with this great enterprise have been anything butsatisfactory to the citizens. Sometime ago, a syndicate, composedof leading capitalists and railroad men, took a controlling share

of the stock in the' Common Carrier Company, in expectation of

advancing the $2,250,000 necessary to complete the road andsecuring the permanent lease. Thev discovered, however, uponinvestigation, that there was nothing present or prospective to

secure their investment, even the future income of the roadhaving been mortgaged for the original bondholders. Thereuponthe most of their stock was withdrawn, and the taxpayers madethe interesting discovery that there was no way of finishing theroad and saving the $16,000,000 already invested, except byvoting two or three additional millions. The completed section

will be operated under the new lease, and is 160 miles long, andextends nearly through Kentucky."

Gilman Clinton & Springfield.—This railroad, it is reported,

has passed under the control of the Illinois Central Railroad.

Lake Shore & Michigan Southern.—The directors met onTuesday, and the following report from the Auditor, as to thebusiness of the six months ending with the 30th, was presented

:

Gross earnings, June, partly estimated $6,414,200Operating expenses and taxes 4,709,000

N.it earnings $1,725,2C0Six months' interest on funded debt, rental of leased lines, anddividend of August 1 on guaranteed stock 1,371.000

GENERAL INVESTMENT NEWS.

Atlantic & Great Western.—The Supreme Court of the Stateof Ohio has decided adversely to the United States Rolling StockCompany upon its appeal in the matter of its claim against theAtlantic & Great Western Railroad Company. The amount inquestion was over $2,000,000.

Atlantic & Pacific Telegraph.—The wires of this companywere to reach New Orleans by July 5, and by August 5 the com-pany, it is said, will be in direct communication with MemphisTenn., over its own wires.

'

Boston & Lowell—The remainder (nearly $400,000) of the$7>0,000 loan authorized last year, for the purpose of paying offor funding the floating debt, has been taken by the banking firmOf George Wm. Ballou & Co., of New York and Boston.

Balance $354,008

Included in operating expenses is the cost of about 7,000 tonsof steel rails substituted for iron. By reason of the destructionof the Ashtabula Bridge, and the heavy enow storms in Januaryand February, traffic during those months was nearly suspended.Tbe road, machinery and property have been fully maintained in

all respects, and in first-class condition. The company has nofloating debt, nor any outstanding obligations in thai nature.The World compares the figures with 1876 and 1875 as fol-

lows :

First six months. 1875. 1S76. 1877.Gross earnings $6,926,orO $7,004,000 $6,434,200Operating expenses and taxes 5,4b7,000 4,594.000 4,709.000

Netearnings $1,453,000 $2,410,000 $1,725,200Interest, rents, &c 1,405,000 1,375,000 1,371,1)00

Balance $48,000 $1,035,000 $354,200

Lake Superior & Mississippi.—The purchasers of this roadat foreclosure sale met at St. Paul, Minn., June 27, and organizeda new corporation to be known as the St. Paul & Duluth RailroadCompany.

Lexington & St. Lonis.—This road was recently sold in bank-ruptcy proceedings and a new company organized. It is said thatthe Missouri Pacific, which haB operated the road, has concludeda ten-year lease of the property from the new company.

Louisville Cincinnati & Lexington.—The Auditor's reportfor May is as follows :

1877. 1876. 1875.Passenger earnings $86,223 $39,1^9 $46,230Freight 47,225 42,911 36,349Express, mail, &c 7,221 6,973 6,691

Total $90,675Expenses and renewals 61,806

Netearnings $25,863Taxes, rentals and improvements 6,580

$89,08461,163

$27,9207,986

*8»,2!161,692

$24,5788,299

Netproflts $2.',337 $19,934 $16,279

Merchants' Bank of Canada.—The Directors' report, datedJuly 2, 1877, has the following :

The whole of tbe operations brought under the notice of theshareholders may be Bummarized as follows, viz. :

Amount at credit of rest lost year $1,000 000Amount at credit of contingent fund ] I(i9i339

Total $1 1C9.339Profits of half-year ending 80th November .

".'.. . . . $330 8:5 '

Less dividend of 3X percent 185,952— 44.952

Add net profits of half-year ending 31st May '222!s55

~ ^ , , , , _ $1,377,116Deduct appropriations previous to February $35,593Deduct appropriations in February ," 64l',67S 676,872

Apparent surplus on 31st May $700,244

On the other hand, there has been written off and appropriatedsince then

:

.Ii r.v 7, 1877. J THE CHRONICLE. 17Irrecoverable debts written off $63),000Appropriated for loss on sundry accounts of a known donbtfolcharacter 55.1,000

For losses In New York office 193,700.1 expenses attending Quebec loan »S8,'«00

Detroit and Milwaukee bonds, I8SS, written oft* 41,000Detroit and Milwaukee 1st and 4d bonds, shriukageon reduction toquoted value

. 953,700

Total. . $l.9O»,W0Reduction ol bauk preralaca account 87,400

Appropriation for undeveloped contingencies.$t,S78,A00

710,000

Deduct apparent surplus as above.$3,748,500

700,514

$1,046,458

We have, therefore, remaining the Bum of $2,026,256 at thedebit of profit and loss, to be ultimately deducted from capitalaccount. This would leave the capital account, $6,170,000, andthe contingent fund, $750,000, the former being about 73 centsper dollar of the capital that has been paid in, and the latterabout 12 perceDt of the capital at the reduced estimate.Under these circumstances, your directors submit that, in their

opinion, it will therefore be advisable to ask for the authority ofParliament to reduce the capital account to such an amount asmay be determined, corresponding with the Bum actually avail-able for use.

Mr. George Hague, the General Manager, says in his report :

"With regard to the dividend-earning power of the bank infuture, there is no reason tojdoubt that, with the number of valu-able accouats on its books and the many friends and stockholderswho will doubtless continue to assist it with their influence, itsprofits may admit of a dividend of seven and a half or eight'percent being paid, and a moderate amount in addition regularly setaside for the Rest. This is on the supposition that the difficulttimes through which we are passing maybe prolonged somewhatfurther. But should Providence favor the country with a boun-tiful harvest, and a revival take place in other branches ofindustry, it is probable better results than this may be reachedand that the seventy-five dollar shares may be worth a hundred'dollars, and that before the lapse of many years.

Mobile & Ohio.—The decree entered at Mobile, on June 151877, in the Circuit Court of the United States, appoints JamesGillette and Thomas H. Herndon special masters to sell the roadunder the first mortgage, provided the amounts due are not paidprior to August 1. The sale is to be advertised eight weeks. Ifthe property is bought for the parties joining in the agreementof October 1, 1876, they shall permit other bondholders to joinuntil September 1, 1877. The decree further provides that thecoupons of May and November, 1874, paid and now held byAlexander Duncan, shall be held to have an equal lien with allother overdue coupons. With regard to the lien of the Tennesseesubstitution bonds on the 118 miles of road in Tennessee, anexception is made, the Court holding that it cannot decide' thequestion, which is now pending before another Court. A reserva-tion is alfo made as to the prior mortgago existing on theGainesville Branch. The Ketchum party gave notice of appealwhich the Court allowed, but required an appeal bond for $100 000to be filed to cover any damages which might result from thedelay consequent to the appeal.

Mr. Justice Bradley remarked on the question of admitting allthe first mortgage bondholders of the Mobile & Ohio RailroadCompany to a participation in the purchase of the road and othermortgaged property

:

" It is evident that those who singly, or in combination, hold alarge portion of the bonds, have a great advantage over theminority

; for they can pay their own proportion of the purchasemoney, which is much the largest, in bonds, and have only asmall amount of cash to pay; whilst the minority can only paya Btnall proportion in bonds, and have a large amount to pay incash, which, as a generality, they are totally unable to payThis practically puts it in the power of the majority to get tm,property at a large sacrifice, and turn the minority off with amere pittance. This is inequitable, and to be avoided, if possibleWe have examined this scheme, an I if not perfectly equitablewe are unable to point out any want of fairness in it.

"Looking at the difficulties which beset the subject on everyaide, we think that if we allow the non subscribing bondholdersto participate in the purchase of the property, should it be madein behalf of the reorganizing combination, on an equal footingwith those who have joined it, that we shall have done all thatwe can do under the circumstances to protect their interests. Wedo not wish to dictate these terms to the parties who propose topurchase, but suggest that, in our judgment, the interest of allparties would be subserved by an arrangement of this sort."

Montgomery & Eiifaala—A press desnatch from MontgotnervAla., July 3, says

:" The first mortgage bondholders of the Mont-

gomery & Eufaula Railroad have superseded the order of sale forsaid road granted by Judge Woodson on June 6, given bond andtaken the case to the Supreme Court of the United States. Theorder of sale was to satisfy the claim of the South and Northroad for some $60,000. The suits by first and second mortgagebondholders for foreclosure have been consolidated, and by con-sent of all the parties, except the South and North road, an orderhas been issued for the sale of the road on the second Monday inNovember, to pay the first and secood mortgages. The Bale issubject to the claim of the South and North road, as it may beadjudicated by the Supreme Court."

New York & Boston Railroad.—The bondholders of the NewYork & Boston Railroad Company, whose partially-completedline extends northward from Highbridge through WestchesterAnd Putnam Counties, having purchased the road under fore-

closure, have reorganized. The directors are Lewis May, Wm..H. Guion, John II. Cheever, Joseph 8eligman, Lewis Roberts, A

St°u,' Grosvenor P. Lowrey, John Q. Hoyt. Robert H. Galla-

T"7' « ir ' 9t,°Puer Meyer, James B. Ford, PhiJo C. Calhoun andJohn W. Ellis, who unanimously elected the following officers ofthe company: Andrew V. 8tout President; Joseph BeligmanTreasurer; Calvin Goddard, Secretary. The name of the re-'organized company is the New York Westchester & PutnamRailway Company,

New York City Assessments.—The Board of Aldermen metlast week as the Board of Supervisors, and received the taxbooks for the year 1877, as required bv the charter. They alsoreceived the statement from the Department of Taxes, Bhowingthe assessed valuation of real and personal property in this City,together with the increase or decrease from the valuation of lastyear. The total valuation of real estate is $895,903,933 anincrease of $2,776,913 from last year; total personal estate$206,028, 160, a decrease of $12,598,019. Total valuation, 1877real and personal, $1,101,092,093. The Times Bays of this : « It isunderstood that the decrease in the valuation of personal propertyis owing to the distribution of the surplus and the decrease inthe capital in the banks of this city. There is also a decrease of$156,000iu residentjand personal valuations, owing to the failuresduring the year. The decrease in the valuation of propertyowned by non-residents is $910,000. This decrease is said to beowing to the fact that many non-residents have withdrawn theircapital.from the city, and also to the judicial decision exemptingcertain personal property from taxation. The increase in thevaluation of real estate is owing to the erection of new buildings.The total amount to be raised by taxation is $28,434,269 48. Thisindicates that the rate of taxation on the assessed valuation ofthe property will be $2 65 on $100."

New York & Oswego Midland.—The sale of this railroad,which was advertised to take place at Middletown, N. Y., Juna'29, has been again postponed to Sept. 7, by Kenneth G. WhiteMaster, pursuant to the order of Judge Blatchford.

Ohio & Mississippi.—The Daily Bulletin has the followingThe Ohio & Mississippi Railway Company haying defaulted inthe payment of interest on their bonds, there is some apprehen-sion that the Trustee for the holders of first mortgage securitiesmay sue for foreclosure. The second mortgage bondholders whorepresent a capital of $10,000,000, are therefore anxious that theirinterests in the matter should be protected, and they were askedto confer at the office of Messrs. John Bloodgood & Co., on Broad-way, as to the best course to be adopted. Mr. Bloodgood, inresponse to some inquiries yesterday, said :

" We have not'ac-tually done anything so far beyond getting the views of thoseinterested. We have not held any meeting, nor do we mean todo so. Our object has been to get authority from the bondholdersto act in case the necessity should arise. We propose assessingthe bondholders at the rate of $3 per bond, for the purpose ofresisting by legal means the absorption of the property by thefirst mortgage bondholders. Parties holding to the amount of$1,200,000 have already signified their willingness to join, butwe want the remainder to come in. It is very desirable for theirown sake that they should as otherwise they will be debarredfrom any benefit we may gain, if we succeed." Mr. Bloodgoodadded that he did not know what the final result of ReceiverKing's journey West had been.

Padncah & Memphis.—The United States Court at Memphishas confirmed the recent sale, and directed the property to beturned over to the purchasing trustees, and appointed said trus-tees as receivers till the delivery of title is complete.

Feoria & Rock Island.—Judge Drummond has made an orderin the case of V. G. Thomas et al., vs. this Railroad, directing theReceiver, J. R. Hilliard, to borrow from R. R. Cable a sum ofmoney not exceeding $45,000 with which to pay the taxes on theroad for the years 1873, 1874, 1875 and 1876 (except those taxesthe collection of which may have been enjoined by the Court), onthe following terms : If the purchase made by Cable at the fore-closure sale be confirmed, this money shall not be returned to Mr.Cable, but shall be treated as paid by him in addition to his bidto complete his title to the road. But if the sale is not confirmed,the money borrowed shall be treated as borrowed to carry out thepurposes of the trust and returned accordingly.

Rate of Interest on Mortgages.—The announcement hasbeen made that the Mutual Life Insurance Company has followedthe example set by the Bowery Savings Bank in reducing therate of interest on its loans from 7 to 6 per cent.At the office of the Mutual, one of the officials informed a

Timet reporter that the reduction from 7 to 6 per cent wouldapply not only to loans contracted in the future, but to thosemade in past years. A system of discrimination would be foliowein effecting these reductions, which would be only made in casewhere the security was ample and the companies provided againstall contingencies. All loans at 6 per cent would be kept wellwithin the depreciated valuations of real estate, and, in fact, allapplications for loans at reduced rates would be subjected to athorough and exhaustive scrutiuy. The total of the Mutual'!loans on bond and mortgage en the 81st of December last waa$00,836,200 (nearly 75 per cent of its assets), and the presentamount does not vary much from these figures.

At the office of the Equitable, the chief of the Interest Bureaustated that the company had, for the two months past, beenloaning money on approved mortgages at 6 per cent., withoutthinking it necessary to advertise the fact. There was a generalunderstanding among the large companies regarding this reduc-tion, and the smaller concerns would undoubtedly be compelledto follow their example,


&!)c Commercial &imes.

"TjOMMERcTIirEPITOME.Friday NiaHT, Jaly 6, 1877.

The intervention of a close holiday (the fourth of July), has

had its usual effect in a partial suspension of business this

week, but not to the same extent as in former y9ars. The Cotton

Exchange was closed for four days, but at other business centres

the interruption was but for a single day. There have been

destructive storms in various parts of the country; the damage

inflicted, however, teems to have been confined mainly to towns

and villages. Crop accounts are generally very good, and busi-

ness prospects are still regarded with much satisfaction.

The following is a statement of the stocks of leadiDg articles

of domestic and foreign merchandise, at dates given

:

1876.Jaly K

Beef

O O T T O N.Fbiday. P. M.. July 6, 1877.

The Movement of the Crop, as indicated by our telegrams

from the South to-night, is given below. For the week endine

this evening (July 6), the total receipts have reached 6,102

bales, against 6,519 bales last week, 8.526 bales the previous

week, and 8,526 bales three weeks since, making the total receipts

Bince the 1st of September, 1876, 3,941,758 bales, against 4,064,770

bales for the same period of 1875-6, showing a decrease since

Sept. 1, 1876, of 120,012 bales. The details of the receipts for

this week (as per telegraph) and for the corresponding weeks of

five previous years are as follows :

5.018£3,893

tcs. and bbls.

Pork '.".'..'. Ws.Lard tca

Touacco, foreign bales. 16,564

Tobacco, domestic hhds. 31,436

Coffee, Rio ...bags. 102,052

Coffee, other bags. 50,439

Coffee, Java, &c »»"• S0,0s6

Sngar nhds - 90,il8

gn.rar boxes. 50,622

8u|ar. '.'.".'.'.". bags, etc. 501,028

Helado hhds. 4,161

Molasses, foreign hhds. 5,861

Molasses, domestic bbls. 1,800

Hides No. 98.C00

cotton.::::::: bales. 137,000

1877.

June 1.

66050,37247,10125,66121,69394,93658,4155,000

63.90S14,206

152,000670

2,2289,000

95,300165,00032,8311.741

2,255

4,7001,150

96,28816, SOD4,640

10,60037,7943,000

1877.Jaly 1.

3)389,80187.3M)21,2792S,9';3

94,31564.7208,000

99,'.i29

18,398235,558

1,6808.2877,f00

133,000121,10620,851

8411,6557,0001,410

115,8141:1,000

4,63114.63041,5871.1166

Receipts thlB week at— 1877. 1876. 1815. 1874. 1873. 18V2.

1,117

120

8:0

41

986

203

23

1,352

6

169

1,181

39

2,973

550

363

27

828

842

2,421

21

8S9

846

81

870

83

823

95

433

360

3,206

6

18

591

43

2,140

»70

1,168

352

339

11

1,565

14

331

2,458

129

8,195

734

} 1,762

1,118

[ 493

8,800

201

4,253

569

781

126

1,004

49S

39

1,340

6

48

Norfolk 465

City Point, &c 366

6,1C2 8.661 6,531 8,76? 15,181 4,673

Total since Sept. 1.... !3,944,758 4,064,770 3,464,465 3,773,2 10 3,538,636 2,6,97,472

Rosin.'.:..". bbls. 45,913

8pirit8 turpentine bhls. 3,161

l£r bbls. 905

Rice,' E.i: :..'..:: >>ags. 2,400

Rice, domestic bbls.andtcs. 4,600

Linseed bags. 140,552

Saltpetre .• bags. 12.750

Jote bales. 9,700

Jntebntts ....bales. 19,100

Manila hemp bales. 72,4i7

SUalhemp bales

The course of the markets for pork and lard has been slightly

upward. The future is regarded with more confidence. Stocks

are not excessive, and the outgo sufficient at present prices to

promise their absorption as the season passes away. To-day,

mess pork was selling fairly on the spot at $14 25, and for future

delivery the closing bids were $14 05 for August and $14 15 for

September. Lard was dull, and the advance of yesterday barely

maintained;prime Western, $9 05@9 15 on the spot for new and

old, with bids at the close $9 25 for August, and $9 02J Beller the

year. Bacon is dull. Cut meats have been fairly active at.5Jc.

for dry-salted shoulders, and 7c. for pickled rib bellies. Butter

has been dull, but closed steady for the finer grades. Cheese is

fairly active at 7@10c. for fair to choice factories. Tallow has

been firmer, but closes quiet at 8@8Jc. for prime to choice.

Stearine has sold moderately at 10c. for prime Western.

Kentucky tobacco has been in fair demand, and the Bales of the

week aggregate 600 hhds., of which 100 for home consumption

and 500 for export. Prices have rather favored buyers, and lugs

are quoted at 34@54c and leaf at 64@15c. The movement in

seed leaf has been on a greatly reduced scale, and the transac-

tions for the week are limited to 200 cases sundries, 4, 5@18c;

200 do. 1875 crop, New England, 10, 25@30c; 25 do. 1875 crop,

Pennsylvania, 26c; 33 do. 1874 crop, Pennsylvania, 13c; 66 do.

1875 crop, Ohio, 12c; 42 do. 1874-5 crop, Ohio, and 25 do. 1875crop, California, on private terms. Spanish tobacco also quiet,

and sales are only 450 bales Havana at S0c@$l 10.

Rio coffee has been quiet but firm at 17@20Jc. for ordinary to

prime cargoes ; the stock at all ports yesterday was 137,578 bags,

of which 93,315 bags were here. Mild grades sold freely early in

the week at firm prices, but closed dull and nominal. Rice is

firmer at 6@74c for domestic. MolasseB has been quiet ; refining

stock, however, has been firmer, and 45c is now asked for 50test, with 42c bid

;grocery grades have been nominal. Raw

sugar was firmer early in the week, with a good trade, but is

now dull and merely nominal at 9|@9|c for fair to good refin-

ing: refined closes firm and more active ; hard grades, ll}@12c.Ocean freights have been quiet and lower

;grain has latterly

been engaged for Liverpool by steam at 4d.; to Bristol by steamat 5{1. per 60 lbs.; to London by sail at 5d. per 60 lbs., and to

Hull by steam at 5d. per 60 lb?.; cheese to Liverpool by steam at

60s.; hope to London by steam at 7s. 6d., and flour at 2s.;

grainto Cork for orders at 4s. 3d. ; to Copenhagen at 5s. ; refined petro-leum to Trieste at 4s. 10^d.; to Amsterdam at 4s. 3d.; to Java at

28ic for cases, and to direct ports in the Baltic at 4s. 6d.

Naval stores have been quiet and slightly depressed. Spiritstnrpemine has been selling at 314c and strained rosin closes at

$1 85@1 95 for common to good. Petroleum was dull and moreor less depressed till to-day, when considerable business in

refined was done at 184c for August, the quotations for earlydelivery being 134@134c ; crude in bulk, 64c Metals have beenquiet; ingot copper 194@19ic; 1,000 tons No. 1 American pigiron sold at $19Fftid.

The exports for the week ending this evening reach a total of

6,778 bales, of which 5,215 were to Great Britain, 350 to

France, and 1,213 to rest of the Continent, while the stocks as

made up this evening are now 246,070 bales. Below are the

stocks and exports for the week, and also for the corresponding

week of last season:

Week ending

July 6.

New Orleans*.

Mobile

Charleston. ...

Savannah

Galvestont. . .

.

New YorkNorfolk.

Other ported .

.

Exported to

Great

Britain

Total this week..

Total since Sept. 1

1,103

1,4)9

535

2,078

France

350

350

2,093.414 443,331

Conti-

nent.

530

302

200

SI

Total

this

week.

1,613

1,499

1,185

2,159

1,213 6,773

426,835 12,963,550

Sameweek1876.

17,410

1,607

460

12,403

692

32,572

3,138,125

Stock.

1877.

61,107

7,818

3,908

2,715

10,290

122,303

4,9:1)

83,000

1876.

63.215

8,436

4,382

1.892

6.395

133,492

2,357

80,000

246,070 250,109

* Acw> Urleani.—Our telegram to-night from New Orleans snows that (oesidesabove exports; the amount of cotton on shipboard and engaged for shipment atthat port 1b as follows: For Liverpool, 8,750 hales; for Havre, 9,000 bales: forContinent, 1,250 bales; for coastwise ports, 210 bales; which, If deducted fromthe stock, would leave 42,000 hale?, representing the quantity at the landing and inpresses unsold or awaiting orders.t Galveston.—Our Galveston telegram shows (besides above exports) on shio-

board at that port, not cleared: For Liverpool. '.,122 bales; for other foreign,no bales ; for coastwise ports, no bales ; which, If deducted from the stock,would leave remaining 9,171 bales.

.

$ The exports this week under the head of "other nets" Include, from Balti-

more, 695 baies and 2S bags Sea Island to Liverpool, and 50 bales to Bremen; fromBoston, 1.355 bales to Liverpool, and 31 bales to St. John.

From the foregoing statement it will be seen that, comparedwith the corresponding week of last season, there is a decrease

in the exports this week of 25,794 bales,while the stocks to-night

are 4,099 bales less than tbey were at this time a year ago.

The following is our usual table showing the movement of cotton

at all the ports from Sept. 1 to June 29, the latest mail dates:

RECEIPTS EXPORTED SINCE SEPT. 1 TO

—

Coast-wisePorts.

PORTS. SINCE SEPT. 1.Great Other

Total.Stock

1876. 1875. Britain forei'n

N. Orleans. 1,174,661 1,385.433 677,084 319,S2i 178,011 1174,917 169.983 64,051

356,666 363,483 145.597 25,163 44,922 215,682 140.871 8,4.38

Charlesl'n • 463,031 408,633 221,616 50,679 72,499 344,794 105,761 4,413

Savannah .. 478,774 513,573 233,515 14,742 50,052 293,309 138,567 2,4*9

Galveston*. 499,740 475,814 203,630 24,774 2\412 853.816 241,933 12,515

New York.. 120,569 196,836 362,103 8,683 26.838 397,629 .... 125,662

20,373 12,048 20,373 ....

N. Carolina 128,383 101,571 23,357 2,511 10,606 86.474 90,619 1,393

Norfolk* .. 549,359 436,536 109.692 1,602 1,221 112,515 429,375 7,900

Other ports 147,085 107,062 111,605 .... 16,061 127,666 30,500

Tot. this yr. 8,938,656J2088,199J447,981

423,621 296 ',802 1337,542 257,203

Tnt, }t>mt VT. 4.056.109 1931.406 428.506 C87.581 3105.558*

1800,179 278,423

* Uudertbe head of C/iarl&tton is included Port Koyal, 4c; under the head of

Galnenton is included ludtano. a, &c; under the head of Ncrfolt is Included CityPoint. Sec.

These mail returns do not correspond precisely with the total of

the telegraphic figures, because in preparing them it is always

necessary to incorporate everv correction made »* the ports.

Cotton on the spot was early in the week quite feverish andunsettled, with business on a reduced scale. On Saturday, quota-

tions were marked up l-16c, and on Monday another sixteenth

was added, putting up middling uplands to 12 5-16c ; but the

latter advance was lost on Tuesday (as indeed it had been before

Whiiskey closed nominal at $1 124@1 13, tax- the close of Monday), middling uplands standing Tuesday at 124cSince Tuesday, the 3d inst., the Cotton Exchange has been

July 7, 1877. THE CHRONICLE 19

closed. Yesterday, there was some inquiry at brokers' offices,

but at lower prices, which holders were not Inclined to accept.

To-day, the market was quiet but very firm. For future delivery,

prices were advancing on Saturday and early on Monday, but

soon took a downward turn, causing Monday and Tuesday both

to record some decline. The speculators for a rise seemed for

the moment to have lost confidence, and did not meet the offers

to sell with the spirit which they have exhibited for a monthpast. The later riionth9 exhibited the most weakness toward

the close, owing to the greatly-improved reports from the grow-

ing crop, and the growing fear that the Russo-Turkish warmay be a prolonged struggle, even if it do not involve other

European powers. To-day, in private circles, futures were, a

turn dearer, with buyers at 12 20c. for August and 1195c. for

September.The total sales for forward delivery for the week are 107,500

bales, including— freeon board. For Immediate delivery the total

sales foot up this week 1,782 bales, including 180 for export,

1,484 for consumption, 168 for speculation, and — in transit.

Of the above, — bales were to arrive. The following tables

show the official quotations and sales for each day of the past week:

Sew Classification.

Ordinary . ..*) ft.

BtrU-t Ordinaryliood OrdinaryStrict Good Ord'ryLow MiddlingStrict Low Mhldl'iMiddling..Good Mlddllne,Strict Good Mlddl'gMiddling FairFair

UPLANDS.

Sat. 'I. .nJ'neSO. July 3.

;o 13-ie

II s uII i-1611 11-16

Sl-ie12*12*12*IS*13X

lis11 15-1C

12 M612 9-16

12 13-16IS 3-613 15-16

ALABAMA.

Sat. 'I. .ii

J'ne30 July 2.

10 13-16

11 8-16

II 7-1611 11-16

tfU12*12Sl*XI3Xisx

1.8

US

N. ORLEANS

Sat. 'I. .ii

J'nc30. July 2.

10 '5-16

11 5-16

11 9-HII 13-16

11 15-16,12

12X 12 3-16

12 5-16 12H11 9-16 12 s12 13-16! 12 '<

:s 3-16 ntaIS 15-161 14

11

"XI1X

12 1-16

12K12 .-16

12 n-ii12 15-1613 5-1611 1-15

Sat. il<> ii.

J'neSO. July I.

11

11X"X12 1-10

10 15-16

11 5-1611 9-1611 13-16

12

12 3-16

XH12*|2«l=«14

:2 7-1612 II -IB

12 15-1613 5-1614 1-16

Tuf»July 3.

Ordinary * ft.

Strict OrdinaryGood OrdinaryStrict Good Ord'ryLow MiddlingStrict Low Mlddl'gMiddling.Good Middling..Strict Good Mlddl'gMiddling Fair...Fair

Wed.July 4.

I'm.—July 8.

10 13-16!

11 3-16 I

11 7-1611 11-16

124-16

12X12XU\13*I3K

ITed. Tues Wed.July 4. July 8. July 4.

10 13-16

11 3-1611 7-16

11 11-16

[ft*

121?IS*i»K

10 15-1611 5-1611 9-1611 13-16

12

12 3-16

I2X12*\i%IS*

1o3

'I'll.--

July 8.Wed.Ijuly 4.

10 15-16

11 5-1611 9-1611 13-161212 S-16I2X12X12X

wTh. Frl.July 5 July 6.

Ordinary * ft.

Strict OrdinaryGood OrdinaryStrict Good Ord'ry.Low MiddlingStrict Low Mlddl'gMiddling.Good Middling..Strict Gocd.Mlddl'gMiddling Fair..,Fair... .

Th. Frl. Th. Frl. Th.July 5. July 6. July 5. July 6. July 5.

Hollda ys—Ex crange closed

Frl.July 6.

STAINED.

Good OrdinaryStrict Good Ordinary..Low MiddlingMiddling.. ..*.

Sat. Hon l'ii.-« Wed.J'neSO. July 2. July S. July 4.

io 7-:e11 1-16

:oxii*11 5-16II 18-16

10 7-16

U 1-1«

Th.July 5

Hollda ys-Ex

Frl.July 6.

The following exchanges have been made during tbe week:•40 pd. to exch. 200 Oct. for Sept. | 01 pd. to exch. SOJ Nor. for Dec.

The following will show the closing market and prices bid for

future delivery, at the several dates named :

clo-ed.

MARKET AND SALES.

Spot MarketCloaed.

SALRS OF SPOT AWD TRANSIT. ro-rr/RES.

Ex-port.

Con-sump.

Spec-ulat'n

Tran-sit.

xchan

Total. Sales.Dellv-erlei.

Saturday .

.

Monday . . .

Tuesday .

Wednesday

Strong, higher...Qulet.sfuy.hlgh'rQuiet, lower

I

155

B466t.17

851

Hollda

163

ya-E

789642S31

ge clos

31.30035,40037,800

ed

400200WO

5

ISO 107.5U)I..3I 169 I.7S2 1.200

Fot forward delivery, the sales (including free on board)have reached during the week 107,500 bales (all middling or onthe basis of middliug), and the following is a statement of thesales and prices

:

ror July,bales.

SOU•200

»toBOO700500li»l

1002008.0800

1,1141

1,300200

Cts.12 li

K-M11-21

1J-2212-2312-25

112912- .9

12-3 •

12--3

1-.-34

12-33

12-36

.12-37

7,400 total July.

For AugustIII' 12-13

i,2kj n-171,(00 «•!«600 .2 19

1.800 12-20»'i 12-21

1.300 12-22

4.210 12 232,900 12-24

12-25

3,400 12- 2«

7U0 li-27

1.100 . ...12-28

8.0 "1 .. 12-2?

4_8J0 12-30

1,200. ... 12311.100 12-32

1.600 12-31

2,700 .... .. . '.2-34

cts.12- «.12-31

.12-15

.12-39

. 12- HI

1211.12-42

.12-13

.W.I

50,600 total Aug.

For September.7tV U-9J

l,l»l 11-93

400 11-94

8,100 11-95

l.TtO ll-M100 il-97

1,700 U-JsSO) l:-99

4 12-.I0

500 l.-ll

600 12-02

1.0HI 12-13

708 12-01

1,001 I2-.5

2.010 1201400 12-W7'

J.&W 12-.8

200 12-96« 12 10 I

1,000 12-11

.««> 12-12

S00 12-18

2.400 I2-41,100 12-11

1, 00 12-14

1,110 WH

ba'es. cts.

27,200 total Sept.

For October.300 11-54

1,500 11-55

t

5C0 11-56

5«) 11-57

100 11-62

SlO 11-64

700 11-S5

SCO 11-66

410 n-e8100 U-BII

i.mxi ii-70500 11-71

4(0 11-73

1,600 11716uU 11-75

13,500 total Oct.

For November.

100 11-33

il» 11-151WI I1-34

100 H'10201 11-41

700 .1111

bales,200

cts.11-47

2' I) ....

1.100

S03 11-41

5.S0O total Nov.

For December.

100..100..

100.,

200.,24)..

...11-40.11-41,..1111...11-44

.. .11-15

800 11-17

800 U-133KI 11- .9

£00 11-50

200 11-52

2.-00 total Dec.

For January.loo n-ro-.00 n-31100 11-62

100 11-65

500 total Jan.

"•or March.100 U-7SiUO 11-43

200 total March.

MtDDLINO UPLA.VDS—AMERICAN OLASSirrOATIO-f

.

Frl. Sat. Wed. Tours. Frl.

Holidays—Exchange closed.

Mon. Tuea.Irregular,lota l

lower.12-2112-24

12 02116011)811-39

11 9217-8411 7612 -ao

105H4'9iH

The Visible Supply of Cotton, as made up by cable andtelegraph, is as follows. The continental stocks are the figures

of last Saturday, but the totals for Great Britain and the afloat

for the Continent are this week's returns, and consequentlybrought down to Thursday evening; hence, to make the totals thecomplete figures for to-night (July G;, we add the item of exports

from the United States, including in it the exports of Fridayonly:

1877. 1878. 1875. 1874.

Stock at Liverpool 1,006,000 1,0:3,000 1,017,000 989,000

Stock at London 43,750 52,000 102,750 127,000

Market closed Irre8uUr.

July 1218Augnst 12-2!

September 12-00

October 1T59November 11-40

December.. 11*41

Ja-iuary U'SIFebruary 11-84

March 11-81

Traust. orders. WSOuold 105KKxchanxe .... 4 63X

Firm,higher,

12 3)12 3112- IS11-7'

11-48

11 49II 6111-7611-8312-40105 '<

4B5X

Quiet,lower.

121712 1911-9111-5411-3211-33It'll11-61

11-7112-20

105X4-35H

Total Great Britain stock 1,049,750

Stock at Havre 215,500

Stock at Marseilles 10,000

Stock at Barcelona 62,000

Stock atHamburg 16,500

Stock at Bremen 72,250

Stock at .Amsterdam 50,030

Stock at Rotterdam 11,500

Stock at Antwerp , 7,750

Stock at other continental ports.

.

16,003

Total continental ports 461,5C0

Total European stocks.

.

.1,511,250

India cotton afloat for Europe .... 364,000

American cotton afloat for Europe 173,000

Egypt, Brazil, &c.,afloat for E'rope 23,C00

Stock In United States ports 246,070

Stock in TJ. S. Interior ports 17,611

United States exports to-day 2,000

Total visible supply. . . .bsies.2,336,931

Of the above, the totals of American and

American—Liverpool stock 652,0*

Continental stocks 386,000

American afloat to Europe 173,000

United States stock 246,070

United States Interior stocks 17,611

United States expoi ts to-day 2.0-.0

Total American bales.1,476,681

East Indian, Brazil, dkc—Liverpool stock 354,000

London stock 43.750

Continental stocks 75,500

Indiaafloat for Europe..: 354,000

Egypt, Brazil, iSsc, afloat 23,000

TotalEast India, &c 860,250

Total American 1.476,681

1,065,000 1,140,750 1,126,000

167,000 171,250 165,750

8,000 9,500 14,000

85,500 78,250 75.C0J

13,250 14,000 28,250

. 54,250 42,750 46,000

57,250 39,000 83,500

15,250 10,000 27,750

18,250 4,750 13,000

24,000 15,000 56,000

412,750 384,500

1,534,250

509,250

1,507,750 1,635,250

408,000 633,000 575,000

174,000 149,000 92,000

21,000 29,000 51,000

250,16} 168,552 218,541

33,371 16,001 31,729

6,000 5,000 3,000

2,400,200 2,534,803 2,606,520

ther descriptions are >e follows

:

593,000 614,000 482,000

823,000 194,000 294,000

174,000250,16931.3710.0UJ

149,000168,55216.001

5,000

92,000218,54131.7293,000

1,379,540 1,146,553 1,121,270

420,00052.000119,75040S.0O021,000

433,000-

102,750190.500633.00029,000

517.000127,000215,250575,00051,000

1,020,750

1,379,510

1,3S8,2501,146,553

1,455,2501,121,270

2,400,5 90

5Jid.

2,534,8037&d.

2,e06,5208*d.

Totalvislble supply.. ..bales. 2,336.981

Price Mid. Uplands, Liverpool... .6"»d.

These figures indicate a decrease in the cotton In sight to-night

of 03 359 bales as compared with the same date of 1876, a

decrease of 197,872 bales as compared with the corresponding

date of 1875, and a decrease of 269,589 bales as compared

with 1874.

At the Interior Ports the movement—that is the receipt*

and shipments for the week and stock to-night, and for the

corresponding week of 1876—is set out in detail in the following;

statement:

Augusta, OaColumbus, QaMacon, GaMontgomery, Ala .

.

Selma, AiaMemphis, TennNashville, Tenn ..

.

Total, old ports

Dallas, TexasJefferson, Tex. ..

Shreveport, LaVickaburg,M!ss. . .

.

Columbus, Hiss. ...

Eufaula, AlaGriffin, GaAtlanta. GaRome, Ga.. .

Charlotte, N.CSt. Louts, MoCincinnati, O

Total, new ports

Total, all....

Week ending July 6, 1877. IWeek ending July 7, 1878

Receipts. Shipments

153810

49747

764

5

'iro

343991

801112158274294

1,4481,15

8,732

13

'ioi

141

'lis

"siM10

7701,164

2,436

6,168

Stock.

1,954

2, 81789

1,003316

9,8511,436

17,611

130302405t034027676

1,582385330

8,6538.612

14,466

mjan

Receipts. Shipments. Stock

64463211788

7138

1,018

3905

*"s25618010092

1,177

2,515

3,533

3111.39S

67162

751,104158

8,275

ISM)

3965882715

'iis

7410171*

1,058

6,557

2,3602,1131,1432,150

98898.1 M

951

83,371

«281305

1,021100838199

S.477186190

4,63811.111

34,494

IP• Being 575 bales less than estimated.

20 THE CHRONICLE [Tol. XXV.

The above totals show that the old interior stocks havedecreased during the week 2,978 bales, and are to-night 15,760

bales less than at the same period last year. The receipts at the

same towns have been 264 bales less than the same week laBt year.

Weather Reports by Telegraph.—There appears to have

been this week a general return of dry weather throughout the

South, with a considerable rise in temperature; as a result, crop

accounts have improved very decidedly. Some few sections

complain of a want of rain, but otherwise the reports are all

favorable. Some rumors of caterpillars are still heard, though

little importance is attached to then by our correspondents.

Oalveston, Texas.—We have had ruin on one day this week, a

sprinkle, the raimfall reaching five hundredths of an inch. Crops

are doing as well as possible. The caterpillar talk has been

much exaggerated. The corn crop is secure and the yield mag-

nificent. Average thermometer during the week 85, highest 92

and lowest 80. The rainfall for the month is two and sixty-

eight hundredths inches.

Indianola, Texas.—It has rained here on two days this week,

and dry weather is desirable. Caterpillars have certainly ap-

peared, though the injury done is as yet limited. With this

exception the prospect is. excellent. Average thermometer 85,

highest 94 and lowest 77. The rainfall for the week is eighty-

two hundredths of an inch, and for the month, four and seventy-

four hundredths inches.

Gorsieana, Texas.—The weather here has been warm and dry

all the week. The crop is developing promisingly, though late.

Thecotton plant looks strong and healthy and the fields are clear

of weeds. Average thermometer 84, highest 97 and lowest 72.

The rainfall during the month of June is three and seventy-six

hundredths inches.

Dallas, Texas.—It has been warm and dry all the week. Cot-

ton, though late, is making amazing progress, and all grain

crops are magnificent. Average thermometer 86, highest 94and lowest 76. The rainfall for the month of June is two andsixty hundredths inches.

New Orleans, Louisiana.—It has rained on one day this week,

the rainfall reaching fifty hundredths of an inch. The ther-

mometer has averaged 85. The rainfall during the month of

Jane was two inches and ninety-nine hundredths.

Shreteport, Louisiana.—Crop prospects in this vicinity are

encouraging, the character of the weather beicg adapted to a

rapid development of the plant. The thermometer has averagedduring the week 85, the highest being 96 and the lowest 74.

Vicksburg, Mississippi.—The thermometer has averaged 87during the week, the highest being 99 and the lowest 74. Therehas been no rainfall.

Columbus, Mississippi.—Telegram not received.

Little Rock, Arkansas.—The weather during the week hasbeen dry and hot, though favorable for planting interests. Thethermometer has averaged rj4, the highest being 97, and thelowest 73.

Nashville, Tennessee.—We have had no rainfall this week.The thermometer has ranged from 74 to 95, averaging 85. Theplant is blooming as early as last year.

Memphis, Tennessee.—It has been warm here this week, andthere has been no rainfall. Good progress is being made inclearing the fields of weeds and grass, and yet rain is needed andmuch damage must ensue without we have rain soon. Thegeneral condition, thereiore, is not favorable. Average ther-mometer, 87 ; highest, 96, and lowest 73.

Mobile, Alabama.—We have had no rainfall here, the weatherhaving been warm and dry all the week. The crop is developingpromisingly. From, Central Alabama we hear rumors of theappearance of caterpillars, but think them of little importance.Average thermometer, 87; highest, 98, and lowest 75. Therainfall for the month is seven inches and seven hundredths.Montgomery, Alabama.—We have had no rain all this week.

The thermometer has average^ 86, the extremes being 74 and102. The rainfall during the month of June was two inches andninety-four hundredths.

Belma, Alabama.—We have had warm and dry weather all theweek. The crop is progressing finely.Oar last week's telegram, which was received too late for

publication, stated that it had rained on two days, and that thecrop was developing promisingly.

Madison, Florida.—Telegram not received.Macon, Georgia.—The weather has ^been warm and dry all

the week. Rain is needed in our section. Average thermometer85, highest 100 and lowest 64.

Atlanta, Georgia.—We have had warm, dry weather all theweek, the thermometer averaging 86, and ranginer from 74 to 94.The rainfall during the month of" June was four and twenty-twohundredths inches.

Columbus, Georgia.—-The weather has been warm and dry allthe week. The thermometer has averaged 91.

Savannah. Georgia.—It has rained on one day this week, therainfall reaching thirteen hundredths of an inch; the rest of' the

,--July 6, '76 -—

<

Feet. Inch.5

SI fl

7 610 8

,-Shtpments this week-,Great Con-Britain, tlnent. Total.

1877 7,000 6,000 13,0001876 2,000 15,000 17,0001875 10.000 3,000 13,000

week has been pleasant but warm. Average thermometer 85,.

highest 98 and lowest 72.

Augusta, Georgia.—The weather has been warm and dry all

the week, with the exception of one day on which it rained.The cotton plant looks strong and healthy. Crop accounts aremore favorable and promise a large yield. Thermometer, high-est 95, lowest 72, average 85. Rainfall for the week, sixteenhundredths of an inch; for the month, six inches and sixty -seveahundredths.

Charleston, South Carolina.—We have had no rainfall thisweek, the weather having been warm and dry. The thermometerhas averaged 84, the highest being 95 and the lowest 70. Thecrop is developing promisingly.

The following statement we have also received by telegraph,Showing the height of the rivers at the points named at 3 o'clockJulv 5. We give last year's figures (July 6, 1876) for com-parison:

i—July 5, '77.—

>

Feet- Inch.New Orleans.. Below high-water mark 4 7Memphis Above low-water mark 34Nashville Above low-water mark 3 8Shreveport. ...Above low-water mark 18 7Vicksburg....Above low-water mark 39 58 4

New Orleans reported below high-water mark of 18V1 untilSept. 9, 1874, when the zero of gauge was changed to high-watermark of April 15 and 16, 1874, which is 6-lOths of a foot above1871, or 16 feet above low-water mark at that point.

Cottok Consumption in the United States.—Our readers

will find in our editorial columns to-day an article on this-

subject.

Bombay Shipments.—According to ouroable despatch receivedto-day, there have been 7,000 bales shipped from Bombay to GreatBritain the past week, and 6,000 bales to the Continent ; whilethe receipts at Bombay during this week have been 6,C0C bales.

The movement since the 1st of January is as follows. These arethe figures of W. Nicol & Co., of Bombay, and are broughtdown to Thursday, July 5

:

.—Shipments since Jan.l—, ,—Receipts.—Great Con- This SinceBritain, tlnent. Total. w*ek. Jan.i354,000 391.000 747,000 6.000 975,008525,(100 838.000 8:3.000 4,000 97O.O0O721.000 854.000 1,578.000 5,000 1,191.000

From the foregoing it would appear that, compared with last

year, there is a decrease of 4,000 bales this year in the week'sshipments from Bombay to Europe, and that the total movementsince January 1 shows a decrease in shipments of 106,000 bales,compared witn the corresponding period of 1876.

Gunny Bags, Bagging, Etc.—The transactions in bagginghave been light the past week, but the market is strong, withconsiderable inquiry and indications of an increase in Fales in thenear future. The transactions foot up 500 to 600 rolls, at 12fc.for standard brands. India bales are nominal at 10c. Bags areheld at 12c. for 440s, but there is nothing doing in them. Buttshave sold to only a moderate extent, but prices are very firm,particularly for the better grades. The sales reported are 1,500bales to arrive at 8f@3ic, gold, and 500 bales on spot, in lots, at

3i@3fc. currency, as to quality and terms.

Liverpool, July 6—3:30 P. M.—By Cable from Liver-pool.—Estimated sales of the day were 8,000 bales, of which1,000 bales were for export and speculation. Of to-day's sales5,400 bales were American. The weekly movement is given asfollows

:

Jnne 15.

Sal es of the week bale?. 79,000Forwarded 5.000Sales American 54,000of which exporters took 5,000of which speculators took 10.000

Total stock l.OuJ.OOOof which American 680.000

Total import of the week 20,000of which American 18,000

Actual export. 5,000Amount afloat 344,000

of which American (8.000

The fallowing table will show the dally closing prices of cotton for the week

&/*<. Satnr. Mon. Tues. Wednes. Thnra. Fn.Mid. Upl'ds <R6 5-18 ..©6 5-16 ..©6 5-16 ..©6 5-18 ..©8 5-16 ..<&axMid. Orl'ns ©ty* ..ta,<>X ..@6)tf ..©6)» ..@6X ..©614Futures.These sales are on the basis of Uplands, Low Middling clause, unless other

wise stated.

SATURDAY.June-July delivery. 6 5-16d. I Aug.-'ept. delivery, 6 [email protected]. delivery, 6 l!-32a5-16d. | Sept -Oct. delivery, 6 15-»[email protected].

MONDAY.July-Aug. delivery, 6 ll-8J95-16d. | Nov.-Dec. shipment, tail, 6^d.Aug.-Sept. delivery, 6 13-33©>{d. Srpt.-Oct. delivery. 6 7-16d.Sept.-Oct. delivery, 6 15-32d. I Oct.-Nov. delivery, 6 Ja-32d.

TnMDAY.July-Aug. delivery. 6 9-33a*d. I

Oct.-Nov. shipment, sail, 6 Il-SitLAug.-Sept. delivery, 6 ll-32@5-16d. | SepL-Oct. delivery. 6«d.Sept.-Oct. delivery, 6 13-«d. Aug.-Sept. delivery, 6 9-3*4.Oct.-Nov. delivery, 6 7-16d.

WlDNESDAT.July-Ang. delivery. 6 7-SSd. I 6J(@1 1! 8Jd.Aug.-Sept. delivery, 6 9-3Sd. Nov.-Dec. shipment, new crop, sail,Sept.-Oct. delivery, 6 5-16®6 11-88© I 6 »-3Id.

Thursday.I Oct.-Nov. delivery. 6 ll-13d.Nov.-Dec. shipm't, new crop, sail, SJfcV

June S3. June 29. Jnly 6.49,000 55,000 45,0005,000 .4.000 5.000

S'j.OOO 37,000 88,0005,000 1,000 3,0016.000 7.000 4,000

1,030.000 1.009.000 1,006,000657.000 642.000 653.000;o,ooo 3-1,000 47,0009,000 211,000 41.0006.000 4,000 5.000

250,000 •153,000 337,000108.000 103,000 77,000

Jmy-Ang. delivery. 6 3-16d.Aug.-Sept. delivery, 6Jid.Sept.-Oct. delivery, 6 5 lbd.

July-Aug, delivery, 6 3-16d.Aug.-Sept. delivery, 6Kd.Oct.-Nov. delivery, 6}id.July-Aug. delivery, 6 7-S3d.

Fbidat.

/ Aug.-Sept. delivery, 6 9-SSd.I Sept. -Oct. delivery, 6 11-Sid.I Oct.-Nov. shipment, tew, crop, sal],

I 6 5-16d.

Jin/r 7, 1877.] THE CHRONICLE 21The Exports op Cotton from New York, thin week, show a

•decrease, as compared with hurt week, the total reaching 1 lS'ibales, against 8,128 bales last we»k. Below we give our usualtable showing the exports of cotton from New Yorfr. and theirdirection, for each of the last four weeks; also the total exportsand direction since Sept. 1, 1870; and in the last column the total/or the same oeriod of the previous year:Jtxpurt«oiCoHoB(»a|e. ( fr<>m iv<w Vorfc »lnce jtept.l . lSTtt

WIIK SNDINOTotalto

date.

Sameperiodprov'u?year.

June11.

«.4bl

5,221

JuneSO.

June27.

8,023

July4.

5S5Liverpool r.7

3,208Si-.COl33.111

362.6S8

9,033

Other British Porta4,42i

Total to Gt. Britain 11,182

350

3,483

10013

8,028 535

350

3f.7,l«S

Other French ports 2,813

Bremen and HanoverHamburg

3!0

400 100

350

800

300

9.038

14,440

2,8:8C,171

23.498

2 890"30

2,915

22.615

Other porta 8,504

Total to N. Europe.

Bpaln.Opoito&Qlbraltar&cAil other*

400

1,730

1.730

118 100 68,076

12409

Total Spain, Ac .... 3,610 421

brand Total u,m'

3.503 ! 8,128. 1.185 398.814 1 436,510

j>Jill

!i

f?

1

!

OW1Dg "e tUe 'ece'P's ot cotton at New York, Boston,fniladelphiaand Baltimore for the Dast week, and since Sept. 1, '7ft.

bece'ts fbox

New Orleans..TexasSavannahMobileFloridaS'th CarolinaN'th CarolinaVirginiaNorth'rn PortsTennessee, 4cForeign

r,S6»Tota: this year

Total last year. 6.133

H»W TOBK.

Thisweek.

SinceSept 1.

3,813

1,3761,066

'2

32.1

93333

"iii

530

•OSTOM.

This Sinceweak. Septl.

1(4,60084,071 1

i

123,792;

j

13J03100.0*878.K4

221.430;12 0.»3

120,680

4,622

15,3599.546

25,4146,155

'sis

903.227

B»8,7n4

1831 81.1482,193, 96 9108881 98.3S7

PHIUDSLF 14

I

This Sinceweek. Sepul.

2,78013,93

3,266 833.461

I 2,7441287,642 51.823

BALTtxoaa.

Thisweek.

SinceSept.l

346 i;,iii

...J 18.81723-i 11,52728 58,033

495,500

8041119,137

40 i If 8,595

Shipping NKWs.-fhe exports of cotton from the UnitedSta,e9 the past week, as per latest mail returns, have reached),G6S bales. So far as the Southern ports are concerned, theseAre the same exports reported by telegraph, and published inThe Chronicle last Friday. With regard to New York weinclude the manifests of all vessels cleared up to Wednesdaynight of this week. '

|bw Yona-To Liverpool, per steamers Wyoming 118 Lalano>°4?9 ^Zhlo Havre, per steamer Canada, 850..° ....i.a.anue, 4.9. 535

To Bremen, per steamer Rhtin. 300. «?XNew Oul.ans-.To Liverpool, oer steamer." Mayagiicz 2131 "ch.v-solite, .lis. ...per ship James A. » right, m . \ .

y imTo Barcelona, per steamer Vi.'al Sala, 140-1 i'.7nMobile-To Cronsti-dt per bark Scotland, 2,125 i'oo,

.£*7? a,

I?™"™' ]- P" s.eamer Is rian, 757*1. *9To St. John, N. B., via. Tarmouib, N. S., per »tr. Domin'ion'.'si' '..

' 31

Total9,6<;8

»!!! Pa.

r.

ticu,8r8 ot tUea« shipments, arranged in our usual forrr,•re as lonows :

Llver-

Wtm York '"535! New Orleans 4 0-20

MobileBaltimore '.

B itton , 'j$j

Cron- Barce- St. 'ohn,Havre. Bremen, ataut. Wa. N B.350 300 ....

1,166 . ..

2.02550

31

Total .5,512 850 830 2,023 1,400 31

Total.1,1835.' 202,023

50788

9.6C8[Below we give all news received to date of disasters, &c, tovessels carrying cotton from United States ports :

••<"

j

AI.J.0RA, Hhlp (Br) from New Orleans for Liverpool, which put into Key

the Iw™,* .If „f 1d

- *,he

!,*" ed ln "W feBt of «""«• «h"»'t ofJhi.i 5? p 11 station. Her upper deck « co up etc] v destroyed Two.,,,1 ^ l"'rC"K" 5"lbe "v«» I" « damaged condition The vessel

,and carao are va.ued at about J«0«00

me vessel

^m'oCaX'junels'-.ii'i:''-^*"W 0rlea3s 'or Mnlaga. which put

tSS&tthflgfc bsd "'. ref»'^. •»D«d aud aritved a, ner

u'^no'da"^.;','?! ???, °r,e,,n* ,0r B««'ona, condemned and sold»i iii.rmuda, rf»aii.ed at the latter port refitting June 27.

Cotton freights the oast week have been as lollowe

:

,—Havre , Bremen.—,,—Hambsre.-,

Steam. Sall.Steam. Sail. Steam. sail.*• c. c. c. c. c cH coinp. — 9-16 comp. — ^ comp. —a—H comp. — 9-i(j comp. — % comp. —tfh—H comp. — 9-16 comp. — \ comp. —<&—

BKfiADST UPPS.Fbidat. P. M.. July 6, 1877.

The trade in flour has been glow for the past fortnight, theeffect of email supplies, indifferent assortments, and extremeprices. Buyers have limited their operations to their moeturgent needs, but receipts have been very email, and stocks verylight

;holders and receivers have, consequently, maiatained 3rm

and even advancing prices, being supported therein by anincreasing business in wheat at higher figures. To-day, themarket was very strong, but business slow.

The wheat market has been more active. There has been amore urgent demand from shippers, and they have wanted thebetter grades of spring wheat. In the course of Tuesday andThursday (Wednesday being a holiday), they took about 150,000bush., at $1 54@1 57 for No. 2 Northwest and Chicago, and $1 57@l 60 for No. 2 Milwaukee, fair to good, prime samples beingheld above these figures. Receipts continue small at all points,and stocks are small, almost beyond precedent in late years.There have again been violent storms at the West, but no seriousdamage to winter wheat is reported ; but the appearance ofgrasshoppers in the Northwest, and damage to spring by themare partially confirmed. To-day, there was a further advance'with sales of No. 2 spring at $1 00 for Chicago and $1 63 forMilwaukee. Receipts are comparatively free at St. Louis; and atall Western markets prices lor July are 25@30c. per bush, aboveAugust.

Indian corn has been active at variable prices, but in the aggre-gate showing very little change from last Friday. The specula-tion has been quiet, the bulk of the business being in corn on thespot. The weather has been very favorable to the growing cropand prospects are better for a large yield. To-day, there was afurther advance, with steamer mixed selling at 57i@58c. on thespot and 58c. for August.Rye has been held higher, but without business to indicate an

advance. Oats have further declined, but at the reduced pricestrade is better and a steadier feeling is springing ud.The following ate the closiog quotations:

FLOtJB.I UBA1N

Serine" State"*V£» »» « »!^5%®*^™ «{ «J ?

«

do Minnesota patents.. 8in@noi Southern, ne.vCity shipping extras.. .. 6 15 J 7 50 i RyeCity trade and family Oats-Mixed«„„

rahndB

-Kv--; *: 80039251 whiteSouthern bakers' and fa- Barley-Canada West

'

mly brands ... 8 23S10 25 I State, 2-rowed.„Sonthernshipp'gextras.. 7 iS® 8 00 | State, 4-rowedRye flonr superfine 4 25& 3 10 . Barley Malt-State"'.""Oornmeai-êstern.Ac. 3 103 8 35 Canadian...Corn meal-Br-wine. Ac. 8 453 3 50

| Peas-C.cada.bo'ndAfree 953 1*The movement in breadstuBa at this market hw been as fo'-

"C""' ** »" XOBK. , IIPOBTB rBOM »«W TOR*.,1877 , Same . 1877. , , 1s"gFor the Since time For the Since For the

' sln^week. Jan. 1. 1876 week. Jan. 1 week j,mPloar.bbl.. 89.468 I.816,eHS 1,877,100 13,840 5$ 4M 'i??>& B"'li2C. meal.". 4,i48 129.240 124,891 8J3 121836 «s2 ,,,'\l\Wheat. bus. 27?,916 1843.817 2 263,401 127.147 1,1*8,411 ll-VsS ilmtViCorn, •• . 8I1.0U UJg.jj, io.86,,759 3.^.026 td.if9* Z$t Io.i'tÔ

Ba7rley. " ." «.iS .j$S2 1 1; '.64

1 " 87' » >#»* Ôats....". 393,99» 4.627.9.9 4.2.32.0UO 5,ii6 8^519 glow ?^

The following tables show the Grain in ei^ht and the movement of Breadstuff's to the latest mail dates:RECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK KNDIMi

I 30, 1877, AXD FROJI JAN. 1 TO JUNE 30:

59 (J

623;.".

-j,

33a

..r»

....3-.. 3 •90« 1 10

• Saturday.Monday,

j Tnesrla». .

I Wedn'ifayfcursday.Frittay

Market o'uiet.

— -Liverpool.—Steam,d.

X39-12M39-323WWJ-32

.(

Sail.

d.

X comp.H comp.Si. comp.

.Holidays—Exchange closed.

At—Cnlcago...Milwaukee.ToledoDetroitCleveland. .

St. Louis....PeoriaDulcth

Flour, Wheat,bb s. bush.

(196 lbs.) (60 lbs.)2 1,064 n: 12

;

24,2 2 98,75054

1

42.50*.

8.511 7,4:8•1.S73 4,4008,441 Bi',042

1,400 3.120

Corn. Otts. Barley, Rvebush. bnsh. bush. bush.

(58 lhs.l (32 lbs.) (48 lbs.) (56 lbs)744,4:0 3i'3.706 14>7 6,igJ22.290174.32419,3452.050

172,402

65,900

39.02.1

13,34841.3945,3M)

66.746

<5,'8S

S'.O

8383,150

1,780

3,959l.titU

Total 51,561 26S.413 1.2f0,7-lPrevious week 61.860 259.812 1,464.241Cone«p'ngweek,'76 7M03 1,072.7(0 1,959,644

•76. 84.021 1.204, 03 1,070,039

527,559 19,>357C0.241 t8,101746,428 29,924351, '«9> h 374

Total -Tan. 1 to date. l,9t?0,176 7.998,291 34,£0>,rJ07 9 216,867 5 62-'o'*Sametlmel87« 2,6«,043 :2,82..97.> >6,7I9,119 1J,0M,436 2*906 399 RSr'SA!Same time 1875 2,2829i0 22,9:9,416 »1.819,I1» 9,i,3.2«t 1 Sq «in 1 ^SS»ame time lb74 3,199,4:2 38.051,518 31.80j,156 18.C81.808 g.'lSO.Ml «M»SPfttol 1 ,,,. I • ,\ A .. t r. A . : 10 .11J <f* -1111 .1.1-1 -.1 BfJ . , . 1 a. -.__

I '!>.'.;

i3.24«

54.8142.5S0

oauic kiuic ioi*-o....i.Wi,H3 03.003.003 *l,i<iH,.lltt 2I 518 9*1: 5 4V1 J?l 1 17*. ten3"ne time 1873-4.. ..5,969,496 78,033,661 55,736,737 24,340,713 l',m}si l,*89X93a

• Estimated.


SKIPinCNTB OP FLOUR AND GRAIN FROM WE8TERH LAKE AND

BIVER PORTS FOR THH WEEK ENDED JUNE BO, 1H77,

AND FROM JAN. 1 TO JOT

Wh-;at,bush.578.854288,362755,317

5,145.131991,541938,29!702.503

Floar,bbls.

Jnne SO, 1877 65,660

Jane S3, 18T7 5'1.789

Cor. week '76 100,065

Cor. week '75 93,361

Cor. week '74 97,990

Cor. week '73 90.099

Cor. week '72 57,2c7

Total Jan. 1 to date. 1,997,953 8,538,059 27.510,402

Same time 1876 8183.988 81,481.053 83,019,852

Same time 1875 2,401,809 19,081,890 1S.06I.WJ

Same time 1874 2.946,8*4 30,180,444 20,679.454

Corn,bush.

1,526,0422.050.9342,089.732

794,3392,052,0591,292,109

1,431,523

Oats,bnsh.441,709411.806713,686403.398219,059872,178539,121

Barley,bnsh.62,03157.75418,1055,0573.7614.8154,221

6,888,513 1,990,174

9,804,625 1,209.949

6.730,189 863,364

Rye,bnsh.18,«67

4S.62634,8822,77010,9i-3

37,e6431.311

662,811809.S82271,550

8',015',229 1,231,688 2,852,121

B^E;PtVof"fl'9Or"an"d"QRA1N AT SEABOARD ™*TS ™" ™B

WEEK ENDED JUNE 30, 1877, AND FROM JAN. 1 TO^JUNB 30

Wheat,basn.312,943

Flonr,

At— obis.

New York 89,321

Boston If817Portland* 1.200

Montreal* 9,'69

Philadelphia 6,000

Baltimore 4,724

NewOrleanB 4,851

132,01118,9007,000

Corn,bnsh.

695,814.'6,958

2,500131,111118.800

153,000115,311

Oats,bush.

843.45059.3501,50012,85576,80015.00074,952

Baney,bush.20,5009,458

Eye,buen.

4001,600

1.5C0 4.000

2,0 JO

583,907 31,718

869,532 158,861

763,219 13.300

8,203.489 1,799,920

273,641 733,996

8,422,644 306,261

8,670,303 713,230

8,000

8,02065.505

601,87490.469

131,817012,983

Tot,l 76.212 530,881 1,876,664

Previousweek 96.646 367,7(4 1,175.659

Cor week '76 .. 261.373 1,404.652 2,23\305

SS Tto date ..\...8,2SM55 {.816.498 40.560.064

Same time 1876 4,531,742 15,930,852 7,765,884

l*me tme 187!!" J 499,115 17,711,670 25,792,54:

Same time 1874 5,380,036 31,430,51,9 2b,200,6i2

And at Montreal 14,031 bush. peas.

* Estimated.

The Visible Supply of Grain, comprising the stocks la

eranary at the priacipal points of accumulation at lake and

Sard ports, and in transit on the Lakes, the New York canals

and by rail, June 30, 1877, was as follows

:

Wheat, Corn,hush. bnph

In store at New York 41?-'S

In store at Albany 1.600

In store at Buffalo .Ss'^SIn store at Chicago* <jMJgIn Btore at Mi! waukee 425,365

In store at Dnluth • • • •

In store at Toledo 67.335

In store at Detroit. 88,452

In store at Oswego* SaOuO

In store at St. Louis 26.™In store at Peoria >>"8

In store at Boston „,/i™In store at Toronto 23d 8]H5IIn store at Montreal 15th 87,896

In store at Philadelphia 60.000

Instoreat Indianapolis I'llx7, ,03

3.052

Domestic Woolen GooDS.-There has been a re-action from

the unusual activity observed in men's-wear woblens during the

month of June; and the distribution, though fairly satisfactory

was less spirited than was the case a short time ago. Overcoat-

ings were in fair demand and firm, and fellings were disposed of

to a moderate aggregate amount. Cassimeres and worsted coat-

ings were freely distributed in execution of orders, but new bus-

iness was comparatively light. Cloths and doeskins were taken

in small lots to a fair amount, and printed satinets were in steady

request. Repellents received more attention from intending

buyers, and a liberal business was effected in Kentucky jeans.

Flannels continued in active demand at an average advance of

fully five per cent upon opening prices, and blankets changed

hands in liberal amounts. Carpets were lightly dealt in. and

there was only a limited movement in worsted dress goods, skirts,

shirts and drawers.

Foreign Dry Goods.—There was a very li^ht movement in

imported goods from first hands, as is always the case at this

time of year. Silks moved slowly, but Crefeld velvets wore in

fair request by the millinery trade. Dress goods were in very

limited demand, but Btaple makes ruled steady in price. Fancy

white goods, piques and embroideries were jobbed in fair quan-

tities, but linen goods were quiet and steady. Men's-wear

woolens were devoid of animation, and Italian cloths moved

slowly. Fancy hosiery and underwear were taken in small lots

to a fair amount, and kid gloves were in steady request.

We annex prices ol a few articles of domestic dry goods

:

Prints.

.J8.96611.500268,879

2,623,14829,612

In store at Kansas City..

Instoreat BaltimoreRail shipments, week 15

:8:'

Lake do IX do 452.219

Afloat in New York canals ...

.

3 i 2,000

9E6.54018,97455.0CO

212,41668,36050.2544,000

98,588100,000127.875226.818921,401284.163

2,151,2411,031,000

Oats,bush.886.86345,20021.118828,20043,812

86.27572,79415,00091,56196,567112,93215,025

16,012

6,5654,555

Barley,bush.89.8183.600

37,41572,700

113,931

12.5938,1293.11213.2476.557

Rye,bush.53.429

27.2004,115

146.731

33,168

1,233

2n'.|-.'l

25,0001.506

978

319.236180,528193,200

16,7403,357

8,600

TotalJune 23. 1877

June 16. 1877July 1.1876

. . 8,924,795 9,845,178 2,137,448

8.212,146 10,4:0,176 2.409,5104 011,691 111,715.026 2,414,833

9,886.347 8,144,655 3,780,990

8,93571,62928,000

470,668 848,675

461,049 402.513

585,073 536,105

550,208 196,049

THE DRY . O-OODS TRADE.Friday. P. M.. July 6, 1877.

The trade movement was comparatively slow the past week.

The recurrence of Independence Day caused an exodus of buyers

from the city, and transactions were mainly restricted to filling

orders and making deliveries of goods purchased some time ago.

Operations on the part of Western and Southwestern jobbers

were much less spirited than of late, but city jobbers, having

completed stock-taking, were rather more liberal in their invest,

ments, and considerable quantities of autumn goods were taken

by the Pacific-coast trade. The values of both cotton and woolen

goods of domestic manufacture were steadily maintained, and, in

view of the late advance in wool, some makes of flannels showed

an improvement of fully five per cent upon opening rates. For-

eign goods were almOBt neglected, but prices remained un-

changed.

Domestic Cotton Goods.—The exports of domestic cottons

from this port for the week ending July 3 were 1,044 packages,

which were distributed as follows : United States of Colombia,

433 packages ; Chili. 221; Peru, 113; Venezuela, 51; British

Honduras, 45 ; China, 42 ; British East Indies, 42 ; Great Britain,

28, and the remainder in small lots to other countries. Brown

sheetings and drills were in steady demand and firm at ruling

quotations. Bleached shirtings were sluggish, and wide sheetings

moved less freely. Denims and dyed ducks continued in fair re-

quest, and, being closely sold up, lire firmly held. Cheviots were in

improved demand, and some makes were advanced $c. Tickings,

stripes, checks and cottonades were lightly dealt in, and corset

jeans and satteens moved slowly. Grain bags, cotton warps,

batts and twines were less freely taken, but ruled steady in

price. Print cloths were very quiet, and holders evinced more

disposition to sell at 4fc, cash or short time, for extra 64x04s,

•nd 8Jc. for 56x60s. PrintB ruled quiet, but ginghams were in

steady demand.

Albion solid col'rs 6Xdo suiting 6)4

do solid black 6)4

do shepil plds 6)4

do greys 614

do bl'k&wh. 6*do fancy 6)4

American fancy.. 6)4

do robes 7)4

do j'd. checks. 6)4

do j'd. pinks.. 7

do green & ordo black & or.

do blne&whit.do blue & orgedo ruby&Swiado double pinkdo seersuckers

Ancona fancy—do shirtings..

Anchor shirtings.

Aliens' fancy.. ..

do frocksdo checks.. ..

do stripes

do buffs

do shirtings..do pinksdo pink ch'ksdo Germans. .

Arnold's fancies.,

do shirtings.,

do furnituresAshland fancy. . .

.

do shirtings.,

do frocks. . .

.

do solidsdo 8-1 Zebra,do 7 8 do ..

AlbanyBedford 6)4Bristol fancies... 6)4do cambrics

Brighton suitingsBerlin solid colorsdo foulards...

Cocheco fancydo K fancy...do shirtings..do robesdo purples...do cambrics.

.

do pinksConestoga fanciesCent. Park shM'gDnnnell's fancy.,do cambrics....do hair cords .

.

do Germans....do purples

Eddystons fancy.do frocks.

Freeman fancies .

do rnbydo Swiss do..

do pinksGarner's fancies..

do cherks . ..

robespinks.

dododo shirtings.,

niugs

tX |do

7)4

6)466

i"66

77

6546)4

18)461466346)4

7)4

«)47)4

6)4

*«V67)4

7)4886)466)4«)47

do mourningsdo solid

. purple....do German...

|Gloucester

j do mourning,do shirtings.,

do shep'dplddo solid black

I Hand's fancies..

I do Ger. pWid.do choc ch'ckdo diagonals.do rnbydo Swiss do.

.

do green&or.Hamilton t-trip«8.

do percales .

.

do purples...do hair cord.,

do shirtings..

do robes ... .

do 9-3 cam!)..

do checks....do fancy....

Harmony(lata Am-oskcag: fancy..

do robesKnickerb'ck'r fey

do shirtings .

do 9-Scamb..Lodi fancyManchester fancy

do 4-4do percales .

.

Merrimac D fey.

do shirtings..robesFpink....F purple..

F check*&stripes

. DGspr.stlsdo 9-8camb..do Card.re'25do do XX30

Mallory pinks....do buffs

do frock

Tickings*

6)4

'5)4

777

6J4654

'9)4

6)46)46)4

6666)47)4.7)4

8*887

78

1"6X

5)46)4

6)46)411

6)46)4

dodododo

do

7*487)4

7)411

18)4 1

80777

Mallory haire'ds.do checksdo purples....

do stripes....

Oriental fancy ...

do robesdo rubydo purpledo shirtings..

Pacific Millsdo robes

Passaic fancydo solid col'r

Peabody solid—Richmonds fane's

do graysdo chocolatesdo robesdo Germans..do chicksdo pinks 7do purplesdo rnby

Simpson's solbksdo blk & whdo shep plds

do silver greydo hair cl chydo steel greydo grass cloth

Spragnc's fancy.,do shirtings,

robes

—

indigo blgreens...rubypinks....frocks....German pbnff

. fancy stapSontbbridge f'ney

do shirtingdo staples..

Union mourning,do Grcc'ngreydo solid black,

do shepd plds.

Wamsutta fancy.do robes ..

Washington fa'cy

do robesdo ruby

Swiss rnb.greemt or.

_ blue & whdo blue * or.

do German...

dododododododododo

7.7

6547)47147146)4

6X

66)46)46)4

6X

o«6X«>4

6)4

6X6*66 .

7Jt

~X

6)4

66M6Xr,x

6J(

b)i

'o'

n>7>7'-

dododo

Width. Price.Amosk'gACA. .. 17

do do 4-4

do A.. ..

do B.. ..

do C. ..

do D.. ..

do E.

do awning ..

Conestoga 60

SO1513«12 S4

1054101832)4

Width. Price.

Cordis AAA.. 88 17do ACE. 88 19

do No. 1. 32do awning

do prem A. 1-4 18do do is. I I

do ex...4-4

do ex. . 7-8

do Gld null I- 4 15

do CCA7-8 12J4do CT..4-4 18)4

do Penna.4-4do AA 7-8

do X...7-8do FFdo a. ...7-8

Lancaster 4-4

18)410

W9

80

do 7-8 lbX

di-

dododododo

No. 2. ..

No. 8. ..

No. 4. ..

No. 5. ..

No. 6. ..

No. 7. ..

1882-2516151254

10X9H9161513)4

Falls OBO ..

do AAA.,do AA . ...

do BB 12)4do A 10)4Hamilton BT.. .. 18)4do TT. .. 1854do BTdo D

Lewiston A... 86 18do A.... 82 15do A.... 30 1354

Pittsfleld 654

Width.Methuen AA.. ..

do ASA. ..

Vinnehahi... 7-8

do ....4-4

Omega C '.

do Bdo Ado ACA.. 80

do do ... 36

do medal.. ..

Pearl Rive.-

PalmerPemberton AA ..

do Bdo B

Swift RiverThomdike A.. ..

do B.. ..

Willow Br'k No 1

WhittcntonXXX.do A. ..

I York SO

do 76

1'ric

1518

1928

11

17

II

Jolt 7, 1877. J THE CHRONICLE 23

Importations or Dry Goods.

The importations of dry goods at this port for the week endingJuly 5, 1877, and (or the corresponding weeks of 1876 and1875, have been as follows :

1NTIRID FOE OONSUMFTION FOB TH1 WIIK EKDINB Jl'I.T 5, 1817.

, 1875 . . 1876 . , 1877 ,

Pkef. Value. Pkes. Valne. Pkirs. Valoe.jlanofactaree of wool 155 }84,66l 155 $65,466 214 393,191

do cotton.. 331 123,136 376 95,384 673 167,6V!

do silk 226 166,735 1J5 93,179 490 800.438

do flax 2;6 51,749 161 31,888 519 92,275

Miscellaneous dry goods 94 22,360 111 86,632 217 57,535

Total.— 1,152 8143,611 935 $315,039 2,053 $713,093

WITHDRAWS FROM WARBHOUSI AMD THROWN INTO TBS XABBBT DURING THIBAMS FKRIOD.

Manufactures of wool.... 167 $19,373 73 $31,334 92 S37.761do cotton.. ISO 42,615 76 21.016 105 47,125

do Silk 27 81,005 24 86,247 37 30.919

do flax 189 47,3:4 148 88,034 2H2 41,812

miscellaneous dry goods. 30 6.160 103 4,753 22 1,326

Total "Isi $212,427 ~424 $129,517 518 $166,963

Addent'dforconsumpt'n 1,152 448,611 935 825,099 3.061 711,093

Total thrown upon m'k't. 1,701 $661,0-38 1.359 $154,616 2,581 $880,056

IHTISED FOB WABBHOUSIKO DCRINB SAME PERIOD.

Manufactures of wool.... 295 $175,421 237 $115,598 232 5102,676

do cotton.. 311 92.874 139 41,615 235 62.415

do silk 98 113,532 64 42,020 78 47,519

do flax 498 110.906 268 41,118 42! 42.725

Miscellaneous dry goods. 274 15,919 667 36,281 982 34,015

Total... 1,474 $508,202 1,420 $270,835 1,948 $239,460

addent'dforconsumpl's 1,152 413,611 935 315,099 2,0.3 713,093

Total entered at the port. 2,626 $956,613 2,355 $535,934 4,011 $1,002,553

Imports of Leading Articles.

The following table, compiled from Custom House returns,

hows the foreign imports of leading articles at this port since

January 1, 1877, and for the same period in 1878:

[The quantity Is given In packages when not otherwise specified.]

Since Same Since SameJan. 1,'77 'ime 1876 Jan. 1,'71 time 1876

China, Glass and Metals, Ac-Earthenware

—

Cutlery 1,778 1,886China 8.102 9,718 Hardware 438 407Earthenware. .. 18,53) 17.291 Lead, pigs

Steel

62,863 S6.719116.81410.901

165,81913,5, li

432,277

25,1 49154.43026,439

Glass plate 4,368 4,8Si Tin, boxes 489,972 4 36, 90 i

Buttons 3.S27 2,66ii Tin slabs, lbs.... 5,322.341 4,8. 9.039

Coal, tons 19,721 18,970 Paper Stock 92,605 77,809Cocoa bags 12.692 14,129 Sugar, hhds, tcs. &Coffee, bags 1,074,401

1,750

602,2522,640

bbls 851,4661,675,386

407.255Sugar, bxs &bags. 812.831

Drags, Ac- Tea ... 477.633 6C8.312

Bark, Peruvian.. 5.299 19,32i- Tobacco 30,898 29,339

Blea. powders...Cochineal

15.647

1,015

15,019

1,098

426 419Wines, Ac-

Cream Tartar... 207 Champagne, bks. 47,852 52.122

Gambier 25.902 17.611 Wines 66,168 62.572

Gnm, Arabic 2,365 2.616 Wool, balss 20,053 28,338

Indigo 3,630 J,S16 Articles reported byste

22,666

6*t

19,26!613

vcUm— $604,424

tOH Olive 717,631

Opium 515 Corks 38,4^6 27.233

Soda, bi-carb. . .

.

12,039 18.191 Fancy goods 375,968 528.265

Soda, sal 84/66 22,013 Pish 156,0i0 203,14027,547 25,390 Fruits, &c—2,4362,69'

5,113

8,193 Oranges415,401

1,0H4,104420,622

Furs 1,125.800

Qunnv cloth 3,399 ISO Nuts 451,660 442,796

Hair 1.1US 1,743 Raisins 565,879 704,699

85,963 75.601 Hides, undressed.. 6.567,437 4,022.689

723 918113,865 73,833

Bristles Spices. Ac.

—

Cassia..Hides, dressed.. 3,176 2,395 43,!:3 103,403

India rubber 31,365 23,36« Ginger 62,615 93,511

456 1,430 183,18*

29S.7S3275.544

Jewelry, *c— . 92,999

Jewelry 1,418 1,411 Woods

—

Watches 230 301 Cork 829,993 221.045

Linseed 195,833 362.099 Fustic 13,007 51.91861,099 70,311 268,770

21.692818,13129.003

Receipts or Domestic Produce.

The receipts of domestic produce since January 1, 1877, and for

the same time in 1870, have been as follows :

Since Same Since Same•Jan. 1,'T7 time 187b Jan. 1,'77 time 1876

4,258 3,175 ! Pitch ..bbls. 2.191 1.710Breadstuffs

—

Oilcake....&f,

152.770 242,716Flour bbls. 1,316868 1.866,474 Oil, lard... 9,719 4,120

3,S4\817 13,537.393 .Peaiuts ..bags. 8.1.132 37,56311,522.794 9.612.V3: Provisions-

Oats .... " 4,627,999 5,391,731 Butter.... . pkgs. 560,704 551,688Rye " 333,812 507.910 Cheese. .

.

633,239 564,258Barley* mall

.

" 1,810,100 2,040,872 Cntmeats ,.'• 463, 9J3 267,169

Grass seed. ..bags 74.563 63,041 Eggs 11 316.442 355.051Beans bbls. 44.200 53.9)1 Pork ....

it 99.130 103.341Peas bush. 165,614 754,465 Beef 11 93,010 56,0.'0Corn meal., bbls. 129,240 90.17.3 Lard M $02,971 200,343

Cotton bales. 847.18! 435,82.1 Lard .kegs. 21.641 8,02't

Hrmp " 2,9! 9 1.601 Rice . pkjrs. 21,169 28.1S4Hides No. 2,015,136 2,010,468 Starch 182,342 182,926Hop» bales. 31,03-1 86,921 Steariue.. .

.

'•; 10,331 13,542

Leather sides. 2,100.75!- 2,210.378 Susar ..bbls. 525 87Molasses hhds. 363 81 Sugar

Tallow ....

.hhds. 12,081 8,184Molasses bbls. 67,093 40,029 .pkgs. 85,768 28.276Naval Stores- Tobacco. .. 99.691 103,332Crude turp..bbls. 1,268 1,611 Tobacco.... .hhds. 86,989 57.772Spirits turp " 83,72

1

32.428 Whiskey .. .bbls. 87,367 69,662Rosin '•

160,115 138.21V 'Wool .... bales. 39.14') 31,150Tar " 13 93: u,'in» Dressed hoars . . No. 59.018 85.54 3

Exports 01 Leatlus Articles from New York.The following table, compiled from Custom House returns,

shows the exports of leading articles from the portof New Yorkto all the principal foreign countries, since Jan. 1, 1877, thetotals for the last week, and also the totals since Jan. 1, 1877and 1870. The last two lines show total values, including thevalue of all other articles besides those mentioned In the table.

CO C t~ *o -,

5-c 5~r. SilSS

n 10 .

' :3 »

:

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« 0Q ,^-COCO .•*•* '

a3V -arr-TTV '03•; o « *&B0 to or

SS S 2 o a 3 pi*

f^S^-for: •» ».t !£ t- -55 .c » ^ ar5 o £ is. *ti *-» ^^.r"i|i,.i.t* l*«*0 '(Qojt'V i.'«x«q fOCJOTiif) W.*»2 w-fsfrf^s sVffzfftsfaa 2'-""X'» s"S

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** : • • :3 • — -"«*". :

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5 S 1 »-2 9 S* Ob.^< s o ® 5goSaStOOOOw gCO J

:« :3 = 3

:ggt»

- 1 t-H


UENER1LPRICES CURKENT

i. iASHES—Pot, flrstsort 9 »

BRKADSTUFFS—Seespeclal report.BUILDING MATERIALS—Bricks—Common bard, afloat..* M 2 75Crotoo 8 110

Philadelphia 23 OuCement—Roaeuaale * bhl. 120I4roe—Rockland, common * bbl. 80Rockland, finishing

lumber—Ptne.g'd to ex.dry.tf M It. 45 00Pine, shipping box 18 DOdo tally boards, com.to g'd.oaeh. 25Oak * M. it. 35 00A»b,goo1 35 00Black walnut 70 00Spruce boards ft planks, each 23Hemlock boards, each HiMaple V M. ft. 30 00

Ham—".0iSi0d.com, fen. * sli.* kegClinch, lx to ln.ftlonger 4 25 aSdnna aCnt6plkes,al]8izes a

Taintt—Ld.,wh.Am,pure. In oil V » 9V9Lead, wd. , Amer., pure dry 8X9Zinc, wh.,Amer. dry. No. 1 6X3line, wh.. Amer., No. 1, In oil llxaParis white. Enk., gold....* 100 tt. 1 80 a

BUTTER—JVeio-tWholesale Prices)—Dairies, pulls, g d to p'me State * lb.

West'n fact'y, tubs, g'd to ch'ie "H'i flrk.,tuos,State, f'r to prime M

"Welsh tubs, State, com. to p'me "

CHEESE—State factory, fair to choice * »>

Western factory, good to prime.. "

COAL-Ltverpoolgar cannelLiverpool bouBc cannelAnthracite—Prices at last Auctionschedule :

Per.n. D.L.&W. D&H. P. 4 R.

3 5 25a 10 00a 27 00a ....

a ...

a i is

a 70 oo

a 22 ooa 33

a 4000a 83 00@ 75 00

a 28

a is

a 35 oo

a 2 75

a 5 8a 5 toa s oo

iox9

7X12

1 90

\R a 13

M a 15

II i 1613 (9 u

8 a 9

6 <&

AucSt'rub.Grate..Kgg...Stove..Ch'nut,

New-burgh.June 13.

12 42-2 52. 2 45-2 652 50-2 652 45-2 57

2 4:-2 55

NewHoboken. York.Juoe 27.

I J 17-2 SO2 25-2 it2 27-2 45

2 55-2 572 32-2 37

10 008 11 0013 00a 14 00, or by July

.. L. * W.Port Port

Richm'd JohnsonSchel. scin-d.1 652 652 651 752 65

2 652 652 652 75

2 60UOFFHE-Rlo, ord.car. 6Oand90days.gld.*» n ado fair, do gold. •• ado good, do gold. "

. <$

do prime, do gold. " 20X8Java, mats gold. " 21 aNatlveUeylou gold- •' 20 gMexican gold. •• 18X®Jamaica : gold, " 13 ,«,

Maracaibo gold. " 18X8Laguayra gold " 19 id

St. Domingo gold. " 16X-aSavanllla gold. " 16X8Costa Rica gold. " 13 a

COPPER-Bolts * n> aSheathing, new (overl2 oz; aBraziers' (over 16 oz.) aAmerican Ingot, Lake 1%3COTTON—See Bpeclal report.nBUUS ft DYES—Alum, lump. Am * n> cur. 2X3Argols,crude gold. 18 "aArgols,refined " 26 aArsenic, powdered • 2XaBicarb. soda, Newcastle.V 1001b " 4 00 aBlchro. potash *lb cur. 13 aBleaching powder *K0 1b.

"1 50 a

Schea.2 652 652 652 75260

"X19V

w%27a212>sox2117VOX21

31

32

19.X

2230

3X4 12X. 13X1 55

Brimstone,crude, per ton gold. 29 00 aBrimstone, Am. roll *ft..cur. 3 aCamphor refined '•

31X8Castoroll.E.I.inbond. *ga!..gold. 85 aCaustic soda * 100 » •• 4 20 a I mChlorate potash *lb " 21 a 23Cochineal, Honduras, silver.. , " "i.'â 65Cochineal. Mexican "'

58 a 60Cream tartar, prime Am. ft Fr. " 27V8 33Cubebs, East India cur. 8«,9 9

Cutch gold. 6J<a 6*Gambler " 4\a 5Slnseng -. cur. 1 48 aGlycerine, American pure " 21 a 22Jalap " 24 a 25Licorice paste, Calabria " 40 a ..

dlcorlce paste, Sicily " 25 a 28tlcorlce paste. Spanish, solid., .gold 26 a 28Madder, Dutch " s'-a 7>«

Madder,French " 5 3Nutgalls, blue Aleppo cur. 22 a 24OH vitriol (66 Brimstone) " 1 75 a 2 00Opium, Turkey (In bond), gold. 4 28 aPrusslate potash, yellow, Am. .cur. 22 a 24Quicksilver gold. 45 a 47Quinine cur. 4 25 aRhubarb, China,good to pr. ... " 50 a 1 25Sal soda, Newcastle. .*Mi lb, gold 120 a 1 22XShell Lac, 2d ft 1st English. *».cur. 21 a 22Sodaash * 100 lb. gold 1 72X8 195Sugar of lead, white, prime.*Ibcur a 19Vitriol, blue.common " 8 a 8XFISH-George's and Grand Bank cod.p.rjtl,

Mackerel, No. 1, VI. shore pr.bblMackerel, No. i, -Bay... .-

Mackerel, No. 2, Mass. shoreMackerel, No. 2, Bay ,

FLAX—North River, prime W» 14 aFRUIT—Sallies, Seedless. .... per 501b. irall ....ado Layer.new 1 62âdo Loose Muscatel, new 2 10 a

..a 0019 00 a 21 0013 00 ® is oo8 so a 1000

None.

do Sultana, new per lb

lo Valencia, newCurrants, newCitron,LeghornPrunes, Tnrklsh (new)

do FrenchDatesFigs, layerCanton Ginger * caseSardines,* hi. boxSardines,^) or box 12X9Macaroni, Italian * lb 12xaDomestic Dried—

Apples, Southern, sliced fibdo do quartersdo State, sliced .

do do quartersPeaches, pared, G-a. prime ft choicedo unpared, halveBandqrs

BlackberriesRaspberriesCherries 12X9Plums, state 14 a"Waortleberrlet 8 a

oxa....a.6X317X«^ a

1 aI •s a

.... a19 a

{ a3 a4 34vas a5 a5X9

'.2 -

15

3 751 652 20

11

iX

.8*

2l*

:-50

12V13

4

4

&X5

158

6X2415li

10

GUNNIES.—See report under Cotton.

HAY-North River shipping * 100 lb 70

HBMP AND J U IE-American dressed V ton. 175 30America), undressed 130 00Russia, clean gold. 205 00Italian " 270 00Manila .-.»» " ...

sisal " eâJute " 3â

HIDES-Dru—Buenos Ayres,selected.^lbgold 23 aMontevideo, do.... *' 32 aCorrientes, do.... " 21XaRio Grande, do.... '• 20X9Orinoco, do.... *' 22 aCalifornia, do.... " 2'.XaMatamoras. do .. .

•' 17Maracaibo, do..Bahia, do..

Dry Salted—Maracaibo,selectedcur.goldgold.

cur.

1515

13

1713

loxe8 a....aoxa

15 a»Hi11 a

a 75

9215 00@135 009210 00&275 00

8«6M5\

23X2822II

2JXa19

H17

14

li

14

UMb510SII

K

16

13

UM

55X

NfatamorasSavanllla, do..,

WetSalted—Buen.Ay, do....Para, do...California, do...Texas, do,...

E. 1. stock—(Jal., slanght goldCalcutta, dead green. ...

Calcutta, buffalo

INDIA RUBBER-Para, coarse to fineEsmaralda, pressed, stripGuayaquil, pressed, strip,Panama stripCarthagena, pressedNlcarsgua, sheetNicaragua, scrapMexican, sheet w

IRO»--Pig,American, No. 1 V ton. 18 1X1

Pig, American, No. 2 17 50Pig, American, Forge 16 25

Pig, Scotch 24 50 @ 29 00itore Prices,

Bar, Swedes, ordinary sizes. .V ton. ISO 00 9132 50Scroll ....*lb. 8 @ t

Hoop, Xx.No.22tolftlXx.l8&'.4 " 5 3-10® 3 1-10Sheer, Kussla -..gold.îb li'Xa 11

Sheet. single, douhleft treble, com. 3xa 4

Rails, Amor., at Works..V ton, car. 33 00 a 36 00Steel rails 45 00 a 47 00

LEAD-Ordlnary foreign 9 100 lbs, gold 6 62X8 S 75Domestic cur. 5 60 a 3 ",5

Bar (discount. 10 p. c.) * lb. 7XaSheet " •'

I

4114s,

43X35

19 00IS 5017 50

LBATHER-Uemlock.Buen, A'rea,h.,m.ftl.f ».

'• California, h., m. ft 1

" common bide, h., m. £1" rough

SlaughtercropOak. roughTexas, crop

MOLASSES—Cuba, clayed * gal.Cuba, Mus.,refin.gr'ds,50test. "

do do grocery grades. "Barbadoes "Demerara '*

Porto Rlo.o "N. O., com. to]>rime "

NAVAL STORES—Tar, Washington 9 bblTar, Wilmington "Pitch, city "Spirits turpentine 9 gal,

Rosin, strained to good strd.V bill.*• low No. 1 to good No. 1 '*

•• low No. 2 to good No. 2 "•• low pale to extra pale.. "•• wludowglaBS *'

NUTS—Almonds, Jordan shelled 9 lb.KrazllFllnert", Sicilywalnuts, Naples.... ,

PecanOAKUM—Navy.U.S. Navy ft best 9 lb.

OIL CAKE—City, thin oblong, bags, gold, 9 ton.Western, thin oblong (Done.) cur •'

OILS—Cotton seed, crude 9 gal.Olive, in caske* gall '•

Linseed, casks and bbls "Menhaden, crude Sound..... •'

Neatstoot, No. 1 to extra "Whale, bleached winter "Whale, crude Northern "Sperm, crude M

Sperm, bleached winter "Lard oil. Nos. 1 and 2 "

PETROLEUM—Crnde, In bulk 9 gil.

Cases "Refined, standard white •'

Naphtha, City, bbls "

PROVISIONS—Pork, mess 9 bbl

.

Pork, extra prime '*'

Pork, prime mess, "West *Beef, plain mess "

Beef, extra mess "Beef haniB, choice WeBtern.... "Bacon, City long clear * »Hams. smoked ., ., ...•.. "

Lard, City steam "

RICE-Carollna.falr to'prime 9 lb.

Louisiana, good to prime "Rangoon, In bond, gold 9 100 lb.

Patna 9 B.

SALT—Turk's Island 9 bush.St. MartinLiverpool .various sorts * sank.

SALTPKTRE-Reflned.pure * lb

Crnde goldNitratesoda perlOOIb. "

SEKDS-Olover, Western 9 lb.

Clover, New York StateTlmolliy * bush.Canary, Smyrnaf vmv , SicilyCanary, DunhHemp, roielgMFlaxseed, American, roughL'nseed, Calcutta 9 56 lb., gold.Linseed, ifumbuy * 56 lb., gold.

9 a

23 a22 a;!*»26 a31 a27 aso a

....»42 a....af5 a45 az a

45 a

. 2 37XS2 50 8i tax*

8i a1 90 a2 20 a2 05 a2 75 «5 00 a

4K®9X@

11 ®5 @8sa

31 50 a

45 a1 15 a....a53 a70 a72 a5s a

1 13 a....a54 a

....a17 ais a....a

635365

57

2 50

2 2:>"

31X2 OO2 652 li

4 25

40

5X1012li

10X

471 20ti31

1 10

736b

1 .0

1 48lit

SSi18X13K9X

14 2010 0013 5011 0J13 5021 00

a 14 30a 10 50• 11 00« 12 00• 11 00a -1 50

«*,« 7uua i.'v

8Ka »

6X» 6Vexa evI2X« 3 25....» ....

SOss

2 SO

....a 12M6X8 7

....a S 50

14 « 14X1«X@ 15

1 90 .-. 2 00... ® 2 00

2 25 @ 2 50.. ® 2 (0

....@ 1 601 65 io) 1 75

1 12X® 2 15

1323

gK.22X1*

8ILK-Usual reel Tsatless None.Usual reel Tavsaams None.Re-reeled Tsailess 5 50 @ 7 00Re-reeled Cotegon None.

SPELTER-Forelgn 100 B. gold. 6 25 a 6 S7XDomestic, common cur. 5 87X3 6 DO

SPICES—Pepper, Batavia 9 lb, gold ....ado Singapore 12V&do white 22xa

UasBia, China Llgnea 2ixado Batavia 21X®

Ginger, African 7 ado Calcutta 6X9Mace 80 a toNutmegs, Batavia and Penang 85 a 90Pimento, Jamaica 12 a 12'^Cloves 31 a 40do stems 14Xa IS

SPIRITS- , gold. ,

Brandy, foreign brands * gall. 3 75 9 17 00Rum—Jam. f 4th proof **

4 00 9 B 00St. Croix, 3d proof " 8 50 a 4 00

Gin •• 3 00 a 8 25Domesticliquors—Cash

.

Alcohol (90 per ct) 9 gall. 2 12X9Whiskey 9 1 '.3

STEEL— fllore Prices.English, ca8t,2dftl8tquallty Vlbgold 14X9 16English, sprlng,2d ft istquallty.. " 6X3English blister, 2dft lstquallty. .

••9 a

English machinery " 9X9English German, 2d ft 1st quality " 10X9American blister cur aAmerican cast, Tool aAmerican cantsprlng ...aAmerican machineryAmerican fceraoan spring

8UGAR-Cuba.lnt.to com. refining ....9 lb,

do fair refining '•

do goodreflnlng "do prime, refining •'

do fair to choice grocery.... "do centr.hhds.ft bxs, Nos. 8@13

Molasses, hhds ft bxs Va)MeladoBav'a, Box.D. S. No«.7@9

6it14

ioxs

",*

16

10

dododo1)0

do

do do 10912.do do 13(3)15

do do 16918do do 19@2lldo white

Porto Rico, refining,com. to prime,do grocery, fair to cholCw.

Brar/il, bags. U.S. Nos. 9911Java, do. D.S., Nos. 10812Manila, superior to ex. supN. O., refining to grocery grades.,..Refined—Hard . crushedHard, powdereddo granulateddo cut loaf

Soft white, A. Btandara centnr...do a,. oil AWhite extra CVellow doYellow COther Yellow

TALLOW—Prime city, 9 a.Western '*

TIN—Banca gold.* lb

Straits "English, refined MPlates. 1.C cok e tfbx g d.

PlateB.char.terne "TEA—

11 y son. Common to lair cur.* lb

do Superior to fine

do Extra fine to finest

do ChoicestYoung HyBon.Com.to fair

do Super. to fluedo Ex. flneto finestdo Choicest

Bunpowder.com to fairdo Sup. to finedo Ex. fine to finestdo Choicest

Imperial. Com. to fairuo Sun. to linedo Extraflne toflneet

Hyson Skin. ft Twan..com. Lo fair.do do Sup. to finedo do Kx. nneto flnest

Uncolored Japan,Com, to lair00 Sup'rtotlnedo Bx. fine to finest

Oolong, Common to lair.*..do Superior tonne 7..

do Ex flneto finestdo Choicest

Souc.ft Cong., Com, tofalrdo Snp'rto linedo Ex. fine to finest

TOBACCO—Kentucky lugB, beavv fib

leaf, "Seed leaf—New Eng.wrappers^l-TS" do fillers, *74-'75

.

Pa. assorted lots, '74.'75

Havana, com. to fine

Manufac'd,ln bond, black work" " bright work

WOOL—American XX ¥»American, Nos. 1 ft 2American .CombingExtra, PulledNo.l, Pulled.,

....a

. ..a

sxa....a

a9«»

10 asxa6 a8X<89X3

10J.310V»HX«11 a»»a9 99»av a8V»n«auxauna'.2 a

10V9ioxsU'Xa9*.a)

....a

]BK» 13X16 3 V)£VXi 16i,'

5 :o ® 5 755 87X3 6 12«

23 a 2330 a ss43 a 50Nominal.

22 & 2630 a 4056 a 6580 ® 1 102.5 a SS38 9 4356 a ~'0

90 a 1 15

25 a33 a43 a43 a21 a

9X

»x10ipviox

FlOJt

i9^10Ji9VHX9JS10X12

HJb11Vvm10X"r.K10«K'K10

9V

MaH23"

Nominal.

California. Spring Clip-Superior, unwashed....Fa'rInteriorBurry

South Am. Merino, unwashedCape Good Hape. unwashedTexas, fine, EasternTexas, medium, EasternSmyrna, unwashed gold.

ZINC-Sheet. Foreign II » . gold, netdo DOmtstlc cur.

25 az3 a50 a27 a35 a50 aso a25 a36 am a

s a9 ®

10 a5 a

12 •75 a13X921 a

40 ass a43 asi aM aso a>3 a18 •13 a28 aso afit17 *

ft »7X«

301565SI456590SOftl

80

»15(O7*

251 15

2144

5015

564025

352822178235323218

ex1%

FRE1GHT8—To LlVKBPOOLt

Cotton V ».Flour * bbl.Heavy goods, .yiton.Corn.b'lk ft bgs. 9 bu.Wheat, bulk ft bags..Beet V tee.Fork *bbl

-ITIK 1

a. if. 9. 4.

x a 9.3220a.17 6 945

4 *....4X9 ...

4 «....so a....

»—-Silt-— -,

I. d. «. d.

X comp.2 '!»

12 6« 204 a4 a

July 7, 1877. J THE CHRONICLE * i

Canadian Bankers.

AGENCY OF THEBank of British

North America,No. $2 WALL STREET.

Commercial Credits (turned for use la Europe, China,Japan, the East and West Indies, and South America.Demand and Time Bills of Exchange, payable In

London and elsewhere, bought and sold at currentrates; also Cable Transfers.Demand Draft* on Scotland and Ireland, also on

Canada, British Columbia and San Francisco. Bills

Collected and other flanking Business transacted.

D. A. MacTAVISH, ( .„.„.,C. M. MORRIS, j

Agents.

AGKNCT OF

Merchants' BankOK

Canada,62 WALL STREET.

Capital. ..... $9,000,000 Gold.P«ld up, ..... 8,128,626 •«

Bills of Exchange bought and -sold, CommercialCredits granted, Drafts on Canada issued. Bills collect-

ed, and other Banking business transacted.

WM. J. INGRAM, t . „. .^_

JAMBS GOLDLS, j- Agents.

LONDON AGENCY, 32 Lombard St.

Exchange BankOF CANADA.

Capital Paid Up - - - $1,000,000.

HEAD OFFICE, MONTREAL.

M. H. GAULT, Pres't. C. E. MURRAY, Cashier

BRAXCBES:Hamilton, Ont.; Atlseh, Oxt.; Park Hill, Oxt.;

bedford, p. q.; joliette, p. q.

AGENCIES:Quebec, Valleyfield.

FOREIGN AGENTS:LONDON.-Tbe Alliance Bank (Limited).NEW YORK,—The National Bank of Commerce

Messrs. Hllmere, MeOowan & Co., 63 Wall street.

CHICAGO.—Union National Bank.

Sterling and American Exchange bought and sold.Interest allowed on Deposits.

Collections made promptly and remitted for at low-e»t rates.

Imperial Bank of CanadaCapital, $1,000,000.

H. S. HOWLAND, President ; D. R. WILKIE, Cashier

HEAD OFFICE, TORONTO.Branches :-ST. CATHERINES, PORT COLBOKNE,

ST. THOMAS, LNGERSOLL, WELLAND.Dealers In American Currency and Sterling Exchange.

Canadian Bankers,

The CanadianBank of Commerce,

No. 50 WALL STREET.Capital,Surplus,

$6,000,000 Gold.$1,000,000 Gold.

Financial.

Boys and Sells Sterling Exchange, and makes CableTransfers of Money.Issues Commercial Credits available everywhere.Grants Drafts on the chief cities and towns of

Canada.J. G. HARPER. ) .„„„,.J. H. GOADBY, J

A&cnt«-

The Bank of Toronto,CANADA.

Capital, $2,000,000. Reserve, $1,000,000.

HEAD OFFICE, TORONTO.DtTNOAK Coelson, Cashier ; Hugh Leach, Asst. CashBranches at Montreal, Peterboro, Cobourg, Port Hope,

Barrle, St. Catharines, ColUngwood.Bah K E fiS'Lokdok, England—The City Bank. .

TJnw Vflnff 5 National Bank of Commerce,jiew i ore.{ c. F. Smlthers and W. Watson.

Collections made on the best terms.

Foreign Bankers.

Agents In London

:

Bosan<)uet, Salt & Co.,XI Lombard street.

Agents In New York:Bank of Montreal.

59 Wall street.

Promptest attention paid to collections payable inany part of Canada.Approved Canadian business paper, payable In goldor currency, discounted on reasonable terms, andproceeds remitted to any part of the United States bygold or currency draft on New York.

Bank of Montreal.

Franz Herm. Abbes& CoBANKERS,

RREMEN, GERMANY.SPECIAL PARTNER:

Koln Wechsler Sc Commissions Rank.

NEW YORK CORRESPONDENTS

:

MESSRS. SPE1TER Sc CO.

20 Exchange Place.

Henry S. King & Co.,RANKERS,

45 Pall mall, London, England.Issue CIRCULAR NOTES free of charge, available

in all parts or the world.

Grant COMMERCIAL CREDITS for nse against

Consignments of Merchandise.

Execute Orders on the London Stock Exchange.

Make Collections on all Points. Receive Deposit

and Current Accounts on favorable terms, and do a

General London and Foreign Banking Business.

KING, RAILLIE A- CO., Liverpool.

NEW YORK CORRESPONDENTS,Messrs. WARD, CAMPBELL A- CO.

The Brooklyn Trust Co.Cor. of Montague * Clinton sta., Brooklyn, R. T.

CAPITAL, 1300,000.

This Company is authorized byspe«lal charter toaelas recolver, trustee, guardian, executor or admlnls-trator.

It can act as agent in the sale or management of realestate, collect Interest or dividends, receive registryanc transfer books, or make purchase and sale of Gov.eras, tnt aid ether securities.Religious and charitable Institutions, and personsunaccustomed to tne transaction of business, will find

this Company a safe and convenient depository formosey. RIPLKV ropes. President._ „ __ CHAS. R. MARVIN, Vlce-Pres UEdoak M. Collen, Counsel.

. TRUSTEES:•f;,h;.

I£>c

£w,?"' Henry Sanger, Alex. McCse,

iShB P

- £"}!?• Chtt"- K - Marvin, A. A. Low.Ihomas Sullivan, Ahm B. Baylli, 8. B. Chittenden,U.K. Pierrepont, Dan'l Chauacey, John T. Martin.John Halsev Joslah o. Low, Ripley Ropes.Alex. M. White, Austin Corbin. Edmund W.Corliss.Wm. R. BDNKKK, Secretary

United States Trust Co.

No,

OP NEW YORK,49 WALL STREET.

CAPITAL, - - -

SURPLUS, - - -

$12,000,000, Gold.

5,500,000, Gold.

GEORGE STEPHEN, President.

R. B. ANGUS, General Manager.

IfEW TORE «rriCB,Nos. 59 * 61 WALL STREET.

C. F. SmTitiEs, J ,„„„,.Walter Watsos, JA«ents.

Bny and sell Sterling Exchange and Cable Trans-fers; grant Commercial and Travelers' Credits,•vallable in any part of the world ; Issue draft* onand make collections In Chicago and throughoutthe Dominion of Canada.

London Office, No. 9 Rlrchln Lane.

Adolph Bcissevain & Co.RANKERS

AMD

COMMISSION MERCHANTS,AMSTERDAM, HOLLAND.

Buy and Sell on Commission American Securities

in Holland and otLer Continental Markets.Make Collections throughout the Continent ol

Europe.

Make Payments on Letters of Credit to Travelersand transact a general American Banking Business.

Refer by special permission to Messrs. BlakeBrothers & Co., Boston and New 3 ork, and to Messrs6.4 W. Welsh, Philadelphia.

Capital and Surplus, $4,000,000.

This Company Is a legal depository for moneys pal dinto Court, and is authorized to act as guardian or re-ceiver of estates.

Interests Allowed on Deposits,which may be made at any time and withdrawn afte rfive days' notice, and may be entitled to Interest forthe whole time they may remain with the Company.Executors, Administrators or Trustees of Estates

and Females unaccustomed to the transaction ofbusiness, as well as Religious and Benevolent Institu-tions, will find this Company a convenient depositoryfor money.

TRUSTEES:JOHN A. STEWART, President.WILLIAM H. MACY, ),,,„„ „„„„.,, „..JOHN J. CISCO, 'j Vice-Presidents.

WILLIAM DAUROW, Secretary.JAMES CLARK, Ass't Secretary.

UNION TRUST CO.OP NEW YORK,

No. 73 Broadway, Cor. Rector St.

CAPITAL, . . 7T . . $1,000,000.

HAS SPECIAL FACILITIES FOR ACTING ASTransfer Agent and

Registrar of Stocks.Authorized by law to act as Executor, Administra-

tor. Guardian, Receiver, or Trustee, and as a

LEGAL DEPOSITORY FOR MONET.Interest allowed on Deposits, which may be made

and withdrawn at any time.N. B.—Checks on this institution pass through the

Clcarlng-House. EDWAHD KING, President.J. M. McLeax, 1st Vice-President.Wm. Wbitewsight, id Vice President.

EXECUTIVE COMMITTEE.J. M. MoLeax, Sami-el Willkts,S- S- HOTTON, Wm. WUITEWKIOBT,E. B. Weslet, Geo. Cabot Ward,U.G.Williams, Theodore Roosevelt.

J. H. OGILVIE, Secretary.

Lazard Freres,65 Pine Street,

DRAW SIGHT & TIME BILLS on tho UNION BANE

LONDON,On LAZABD FRERES * CO,

PARIS,And on the PRINCIPAL CITIES IN EUROPE.

Transfers of Money by Telegraph to Paris and SanFrancisco.

Circular Notes and Letters of Credit through Messrs.LAZARO FBEiiES 6 CO, at PARIS, payable In anypart of Europe.

Knoblauch

& Lichtenstein,RANKERS,

29 William St., cor. Exchange Place,NEW YORK.

Make Telegraphic Money Transfers.Draw Bills of Exchange and Issue Letters of Credit

on all principal cities of Europe.SPECIAL PARTNER,

DEUTSCHE RANK, Berlin.

Geo. H. Prentiss,

Room 83. 39 BROAD STREET.

GAS STOCKSA SPECIALTY.

Brooklyn Securities Bought and Sold

E. S. Baile y,88 WALL STREET.

Dealings In

Insurance Stocks,A SPECIALTY.

Cash paid at once for the above Securities ; or me»I will be sold on commission, at seller's option.

Tl TBE CHRONICLE. 1

[Vol. XXV]

Commercial Cards.

WM. BORDEN. L. N. LOYBLI,

Borden & Lovell,COMMISSION MERCHANTS

TO & 71 West st.^ New York,

AGENTS FOR

BORDEN MINING COMPANY,CUMBERLAND COALS.

FAIL RIVER IRON WORKS COM'

Y

NAILS, BANDS, HOOPS AND RODS.

OLD COLONY STEAMBOAT CO.,

FALL RIVER LINB STEAMERS.

Ocean Steamships.

LIVERPOOL & GREAT WESTERNSTEAM COMPANY (Limited.)

^Ufc LIVERPOOL (Yia Queenstown)CARRYING THE UNITED STATES MAIL.

TUESDAY.Leaving Pier No. 53 North River

:

WISCONSIN July 17, at 10 A. M.MONTANA JulySl,at9 A.M.WYOMING Aug.H,at9A.MWISCONSIN Aug 28, at 8 A. M

RATES FOR PASSENGERS REDUCED.Steerage, }26 ; Intermediate, $40 ; Cabin, $65 to $80,

according to state-room. Offices, 29 Broadway.WILLIAMS & GL'ION.

ONLYDirect Line to France.

The General Trans-Atlantic Company'sMail Steamships,

BETWEENNEW YORK AND HAVRE.

Calling at Plymouth for the landing of Passengers.

The splendid vessels on this favorite route, for theContinent—cabins provided with electric bells—willsail from Pier No. 50 North River, foot of Morton Bt.,

as follows:•ST. LAURENT. Lachesnez... Wed., July 11, 6 A. M.•VILLE DE PARIS, Durand ...Wed., July 18,11A.M.LABRADOR. Sangller Wed., July 25, 6 A. M.PRICE OF PASSAGE IN GOLD (Including wine) :

To Havre—First' cabin, $100; second cabin, $ 5; tiilrdcabin, $35 ; steerage, $26—including wine, bedding andutensils.To Plymouth, London or any railway station In

England—First cabin, $90 to $100, according to accom-modation ; second cabin, $'>5; third cabin, $35, steer-age, $27, Including everything as above.Return tickets at very reduced rates, available

through England and France. Steamers marked thus* do not carry steerage passengers.For passage and freight apply to

LOUIS DEBEBIAN,Agent, 55 Broadway,

Transportation.

THE NEW

Providence LineTO BOSTON,

VIA PROVIDENCE DIRECT.

A Whole Night's Rest.Only 42 Miles of Rail.

Time, 60 Minutes.

THE NEW MAGNIFICENT STEAMER,

MASSACHUSETTS,l** The Palace Steamer of the WofId,")

AND THE WORLD-RENOWNED STEAMER,

RHODE ISLAND,(" The Queen of the Sound,")

will, on and after MAY 7, leave (dally) from Pier 29,

N. R., foot of Warren St., at 5 P. M., arriving at Provi-

dence at 6 A.M., and Boston at 7A.M. No inter-

mediate landings between New York and Providence.

Atlas Mail Line.

BI-MONTHLY BERVICK TO JAMAICA, HAYTI,COLOMBIA and ASP1NWALL, and to PANAMA andSOUTH PACIFIC PORTS (via Asplnwall.)Fiiet-clasB, full-powered, iron screw steamers, from

Pier No. 51. North River.For KINGSTON (Jam.) and HAYTI,

ATLAS Jolv 6CL&RIBEL 'uly26For HAYl I, COLOMBIA, ISTHMUS OF PANAMA.

»nd SOUTH PACIFIC PORTS ivla Aspinwol ).ALPS July 14ETNA JulyiSbuperlor urst-class passenger accommodation.

WM, /OKWOUD 4 CO., Agents,No. 56 Wall Street.

Financial.

Trask 6c Stone,BANKERS AND BROKERS,

No. 7 NEW STREET, NEW YORK,Transact a General Banking Business.

STOCKS, BONDS and GOLD Bougnt and Sold on

Commission, and carried on Margins.

Deposits Received ani Interest Allowed.

tW Accounts of Country Bantu and Bankers re-

ceived on favorable terms.

F. W. Gilley, Jr. & Co.,BANKERS AND BROKERS,

64 BROADWAY AND 19 NEW STREET,P, O. Box 4259. New YorkF. W. Gilley, Jr., E. S. Gilley.

Member N. Y . Stock Ex. J. Nelson Tappan, Special

Hatch & Foote,BANKERS, No. 12 WALL STREET

BTTY AND SELL

SOVERNMENT BONDS, GOLD, STOCKS, ANDMISCELLANEOUS SECURITIES.

A. H. Brown & Co.,BANKERS AND BROKERS,

7 Wall St., Cor. New, New York.INVESTMENT SECURITIES.

Special attention to business of country banks.

John Hickling & Co.,BANKERS AND BROKERS,

72 BROADWAY, NEW YORK.DEALERS IN STOCKS, BONDS, AND GOLD.

Stocks bought and sold on margins at the New YorkStock Exchange. Careful attentloa nald to out-of

town orders. Correspondence solicited.

Commercial Cards.

BrinckerhofT, Turner

Manufacturers and DealerB In

& Co.ifacturers and De

COTTONSAILDUCKAnd all klndB of

OTTON CANVAb, FELTING DUCK, CAR COVER1NG, BAGGING. RAVENS DUCK, SAIL TWINES

4C. "ONTARIO" SEAMLESS BAGS,"AWNING STRIPES."

Also, Agents

United States Bunting Company.A full supply all Widths and Colors always in stock.

No. 109 On n ne Street.

George A. Clark & Bro.

MILWARD'S HELIX NEEDLES.400 BROADWAY, NEW YORK.

E.R.Mudge,Sawyer&CoAGENTS FOR

Washington Mills, Dhlcopee Mfg Co.,Burlington Woolen Co.,

Ellertou New Mills,Atlantic Coiton Mills,

Saratoga Victory Mfg Co.,AND

HOSIERY, SHIRTS and DRAWERS.NEW YORK. BO8T0N,

& 45 White Street. 15 Chaunosy St.PHILADELPHIA,

. J W. DAYTON. 23(1 Chestnut Street.

Wright, Bliss & Fabyan,

DRY GOODS COMMISSION MERCHANTS,

100 Summer Street, BOSTON,

71 and 73 Thomas St., NEW YORK,

02 Chestnut St., PHILADELPHIA.

Commercial Cards.

S. W. ROSENFELS,EXPORT COMMISSION MERCHANT

IN

Produce, Provisions and Naval Stores,

29 BROAD STREET,P. O. Box 2432. NEW YORK.

Olyphant & Co.,COMMISSION MERCHANTS,

Hong Kong, Shanghai, Foochow ACanton, China,

Represented bt

OLYPHANT * Co., of China,1 04 Wall St., New York.

John Dwight & Co.,MANUFACTURERS OP

SUPER-CARBOMTEor

SODA.No. 11 Old Slip, New York.

The JODDlng Trade ONLY Supplied

PHELPS,DODGE& CoCLIFF STREET,

Between John and Fulton, New York

IMPORTERS AND DEALERS IN

Tin & Roofing Plates,

OF ALL SIZES AND KINDS.

PIG TIN, RUSSIA SHEET IRON,

CHARCOAL AND COMMON SHEET IRON

LEAD, SI1EKT ZINC, COPPER,Spelter, Solder, Antimony, fce.

MANCFACTCRERS OF

COPPEB, BRASS AND TJiKE.

MANCHESTER

Locomotive Works,MANUFACTURERS OF

Locomotives, Stationary Steam En*gines, and Tools,

MANCHESTER, N. H.A RETAS BLOOD, W. O. MEANS,

Superintendent Treasurer,Manchester. N . H. 40 Water sti set, Boston.

JOHN 8. KENNEDY. HENET M. BAKES. JOHN B.BAENB.-

J.S. Kennedy & Co.,

BANKERS AND MERCHANTS,1 CEDAR, COR. WILLIAM ST.,

New York.

Buy and sell Railroad Investment Securities. Coleet Coupons and Dividends. Negotiate Loans anddraw Bills of Exchange on London.Agents of the

CAMBRIA IRON COMPANYof JOHNSTOWN, Pa, for the sale of their IRON andSTEEL RAILS.All business relating to the Construction and Eqnrf.

m«nt of Railroads undertaken.

Wire

JOHN W

Rope.STEEL AND CHARCOAL

IRON of superior quality,suitable for MINING ANDHOISTING PURPOSES, in.cllned Planes, Transmissionlof Power, £c. Also Gal-vanized Charcoal and BBforShips' Rigging, SuspensionIlrldgci, Derrick Guys.FerryRopes, Ac. A large stockconstantly on hand fromwhich any desired lengthsare cut. FLAT STEEL ANDIRON ROPES for Miningpurposes manufactured toorder.

. MASON ft CO.,43 Broadway, New York,

Jult 7, 1877.J fHE CHRONICLE.

Insurinoe.

OFFICE OF THK

ATLANTICMutual Insurance Co.

Nlw Tobk, January 24, 1877.

The Trustees, In conformity to the Charter of the

Company, submit the following Statement of it»

affaire on the 81st December, 1676:

Premiums received on Marine Risks

from let January, 1878, to 81st De-cember, 1878 14,9»,18?«8

Premiums on Policies not marked off

1st January, 1878 2,172,260 0T

Total amount of Marine Premiums., f7,101,4s? 78

No Policies have been Issued upon Life

Risks, nor upon Fire disconnected

Iwith Marine Risks.

Premium* marked off from 1st Janu-

ary, 1816. to 31st December, 1878.... |B,091,0?B 13

Losses paid during the

same period $1,665,193 49

Betums of Premiums andI Expenses.. $1,088,410 85

The Company has the following Assets, Ti&i

United States and State of New YorkStock, City, Bank and other stocks. $11,068,700 00

Loans secured by Stocks and other-

wise 1,779,800 00

Real Estate and Bonds and Mortgages 287,000 00

Interest and sundry Notes and Claims

due the Company, estimated at 402,350 19

Premium Notes and Bills Receivable.. 1,818,504 38

Cash in Bank 865.012 74

Total amount of Assets $15,694,867 81

Six per cent. Interest on the outstanding

certificates of profits will be paid to the holders

thereof, or their legal representatives, on and after

luesday, the 6th of February next.

The outstanding certificates of the Issue of 1873

Will be redeemed and paid to the holders thereof, or

their legal representatives, on and after Tuesday,the 8th of February next, from which date all Inter

ett thereon will cease. The certificates to be pro-

duced at the time of payment, and canceled. Uponcertificates which were issued for gold premiums,(he payment of interest and redemption will be in

gold.

A Dividend of Forty per Cent. Is de-

clared on the net earned premiums of the Companyfor the year ending 81st December, 1876, for whichcertificates will be issued on and after Tuesday, the8d of April next.

By order of the Board,

J. II". CU.1PX1N, Secretary,

TRUSTEES :

J. D. Jones, 2|> Charles Drtnis,W, R. H. Moore, Lewis Cutis,Charles H. Russell, James Low,David Lane. Gordon W. Bufbham,Daniel 8. Miller,

. 'William Stargis,

JostshO. Low, ' William E. Dodge,Royal Phelps,

:

Thomas F. Youngs,O. A. Hand, John D. Hewlett,William H. Webb, Charles P. BurdetgFrancis Skiddy, Alexander V. Blake,Adolph Lemoyne, Robert B. Hlnturn,Charles H. Marshall, George W. Lane,Robert L. Stuart, James G. DeForest,Frederick Chauncey, Charles D. Leverick,Adam T. Sackett, Horace Gray,Edmund W. Codies, ' John Elliott,

William Bryce, William H. Fogg,Peter V. King.

J. D. JONES, President.

CHARLES DENNIS, Vice-President

W. H. H. MOORE, 2d •Yloe-Presijieftt,

A. A. RAVEN. 84 Ylce-PrViMsAk

Insurance.

uT II E

NITED STATESLIFE

Insurance Company,IN THE CITY OF NEH? YOUR,

20t, 262, 2G3 KROADWAY.ORGANIZED 1850.

ASSETS, $4,827,176 B*.SURPLUS, $820,000.

EVERY APPROVED FORM OF POLICY ISSUEDON MOST FAVORABLE TERMS.

ALL ENDOWMENT POLICIESAND

APPROVE!* CLAIMSMATURING IN 1877

wui be DISCOUNTED «* *<

ON PRESENTATION.JAMES BUELL, - - - PRESIDENT.

office middlb department,dbexel hi ii.i>1\<.,

Corner Wall and Broad Streets.

HENRY IV. BALDWIN,Snperlntendent.

34th Tear.

NEW ENGLANDMUTUAL, L.IFE

Insurance Company,POST OFFICE SQUARE, <fi

BOSTON.(Organized December 1, 1843.)

Net Assets, January 1, 1817 $13,871,040 81

Deduct surplus to be distributed. . 577,857 50

Leaving $13,393,183 31

As a Re-Insurance Pcnd for the protection of

policy-holders, in accordance with the law of this

Commonwealth.FEATURES OF THE COMPANY.1st. The adoption and continuance of a thor-

oughly adequate rate of premium.2d. The maintenance of an ample reserved fund.The market price of the securities of which the

fund is composed is $340,700 80 over the coston the Company's ledger. This item is not availedof in the capital as abuve presented.For pamphlets and reports giving a history of the

Company's operations during th6 past thirty-threeyears, apply at the office of the Company, or ofAgents in any citv or town of importance.

BENJ. F. Sl'EVENS, President.

JOSEPH M. GIBBENS, W. G. McKOWN,Secretary. Aes't Sec.

JOHN HOMANS, M. D., W. C. WRIGHT,Medical Examiner. Actuary.

ORGANIZED APRIL 12™ 1842

SL.F.S.W1NSTON.PRESIDENT . afUE S EVERY APPROVED DESCRIPTION°

LIFE and ENDOWMENT POLICIESOHTERMS AS FAVORABLEASTHOSE0FANY0THERCO.

1ASH5SSETS.MS $80,000,000.

Steel Pens.

JOSEPH GILLOTT'SSTEEL PENS.

Sold by all dealers throughout the World,

Cotton.

Pirn Forwood & Co.,General, commission merchants;.

P. O. BOX 61 3, P. O. BOX 4964VNcw Orleans, La. New York.Execute orders for Future Contracts in New York

and Liverpool, and make advances on Cotton andother produce consigned to

LEECH, HARRISON & FORWOOD,LIVERPOOL.

Also, execute orders for MerchandisedEngland, China, India and Singapore.

UNDERWRITERS IN NEW ORLEANSfor ihe

British A Foreign marine InsuranceCompany of Liverpool.

R. M. Waters & Co.,56 BROAD ST., NEW YOU K.

BANKERS & COTTON COMMISSION MERCHANTSInvestment Securities bought and sold. Orders eze

cutedat the Cotton Exchanges In New York and Liverpool. All Business transacted Strictly on Commis-sion, bo that no Interest of our own can possiblyconflict with that of onr patrons.

Hopkins, Dwight&Co.,COTTON FACTORS & COMMISSION MERCHANTS

No. 134 Pearl Street, New York.

Williams, Birnie & Co.,COMMISSION MERCHANTS,

65 Beaver St. & 20 Exchange Place,GEO. W. WILLIAMS & CO , )

Bankers & Commission Merchants, > NEW YORK.CHARLESTON, 8. O. >

Liberal advances made on consignments of Cotton.Orders executed at the Cotton EzchKuas for the pur-chase and sale of contracts for future delivery.

A. L. Richards,Shipping and Commission merchant

AND

COTTON FACTOR,NO. 39 BROAD STREET, SEW YORK.

Orders executed at the Cotton Exchange, and ad-

vances made on consignments of Cotton and otherProduce, and upon shipments to correspondents In

Liverpool.

Robb & Peet,BANKERS AND COMMISSION MERCHANTS,

No. 58 WALL, .STREET

New York.

Advances made on Consignments. Special attention

aid to purchases or sales of " Cotton Futures." Bnia

Of Exchange on the CITY BANK, LONDON, and

gQTTINQPBR & CO.. PARIS.

B. R. Smith & Co.,COTTON

COMMISSION MERCHANTS,1*5 PEARL STREET, NEW YORK,

44 Broad Street, Boston.Liberal advances made on consignments. Promptsrsonal attention paid to the execution of orders forte purchase or sale of contracts for future delivery.*

Geo. Copeland,COTTON BROKER,

136 PEARL STREET, NEW YORK.

Walter & KrohnCOTTON BROKERS,

53 BEAVER STREET, NEW YORK.

McAlister & Wheless,COTTON

COMMISSION MERCHANTSNASHVILLE, TENNESSEE.

Special attention given to Spinners' orders. Correspondence solicited. , _ _Kefikiinoss.—Third and Fourtn National Bankr.

and Pronrl.tnr. of Tbk CH*ONTOT.it

Lamkin & Eggleston,Cotton Factors,

VH'RMH Itli, MISS.Orders to purchase Cotton In onr market solicited.Keler to Messrs. NORTON, SLAUGHTER & CO

New Xor*. ,

Vlll THE CHRONICLECotton.

Henry Hentz & Co.,GENERAL

CO H MISSION JIEHCH.IMS,174 & 176 Pearl St , New York.

Advances made on Consignment! to

Messrs. JAMES FINLAY <fc CO.,

LIVERPOOL, LONDON AND GLASGOW.

Also execute orders for Merchandise through

Messrs. FIN LAY, Ml'lll Jt CO.,

CALCUTTA AND BOMBAY.

FUTURE CONTRACTS FOR COTTON bought aid

sold on commission In New York and Liverpool.

K. W. &J.

H. Farley,COTTON FACTORS,

COMMISSION MERCHANTS,Aim

FINANCIAL. AGENTS,132 Pearl Street,

P. O Box 3,909. New York.Advances made on Consignments.Special personal attention to the purchase and sale

of r* UONTUACTS FOii FUTUKE UELIVJSKY" OFCOTTON.GOLD COIN, STERLING AND OTHER FOREIGN

EXCHANGE, GOVERNMENT AND CORPORA-TION UONDS, STOCKS AND SECURITIES OF ALLKINDS, bought and sold on commission. Accounts ofMercantile I inns. Banks, Bankers, and Corporations,received; and Advances made to our customers whendesired, on approved securities. Including commercialtime paper received for collection, to such extent, andIn such manner, as may be In accordance with thenature of their accounts.t5oRKESPONDENCE SOLICITED, to which prompt

attention Is always given.

Woodward & Stillraan,

SEAMEN'S BANK BUILDING,

Nos. 74 & 76 Wall Street, New York.

Cotton FactorsAND

General Commission Merchants.

Special attention paid to the execution of orders for

the purchase or sale of contracts for luture deliver;

of cotton. Liberal advances made on consign

ments.

W. C. Watts & Co.,

31 Brown's Buildings,

LIVERPOOL,Solicit consignments of COTTON and order* <ortce

purchase or sale of future shipments or dellverte.

.

Advances made on consignments, and all information

orded by our friends, Messrs. D. WATTS & Co., SI

one street. New York, and Messrs. D. A. GIVEN &

bJN.64 Baronne Street, New Orleans.

BLOSS & INCHES,COTTON FACTORS

inGENERAL COMMISSION MERCHANTS

143 Pearl Street, New York.

Bliss & Bennet,

GENERAL

COMMISSION MERCHANTS,121 Pearl Street, New York.

Special attention given to the execution of orders

for the purchase or sale of Contracts for Future

PeHjr»rv.

Sawyer, Wallace & Co.,

COTTON FACTORS & COMMISSION MERCHANT

47 Broad Street, New York.

H. Tileston & Co.,COTTON BUYERS & COMMISSION MERCHANTS

60 Stone Street, New York.Orders In Futures executed at K. Y. Cotton Exchange

Cotton.

J. S. OBIXS1X. B. G. DUVAL. ALPHONSE LACVS

Grinnan, Duval & Co.,BANKERS

AND

GENERAL COMMISSION MERCHANTS,118 PEARL STREET,

GRINNAN A DUVAL. 1 _ ,

Cotton Factors I New York.and Commission Mbechants, f

GALVESTON, TtXAS. j

Transact a general banking business. Particular at-

tention given to accounts of Banks and Bankers.

Advances made on consignments of Cotton, WoolHides and Grain.

Future contracts bought and sold on commission. In

New York and Liverpool.

Ware, Murphy & Co.,

Cotton FactorsAND

GENERAL COMMISSION MERCHANTS

COTTON EXCHANGE BUILDING,

NEW YORK.Special attention paid to he execnttoa of orders

for the purchase or sale of contracts for future

delivery of cotton. Liberal advances made on coo-

eignments.

Dennis Perkins & Co.,COTTON BROKERS,

117 Pearl Street, New York.

Babcock Brothers & Co.,SO Wall Street, Now York.

MERCHANDISE DEPARTMENT.Orders executed at the Cotton Exchanges In New

York and Liverpool, and advances made on Cottonand other Produce consigned to them or to their himabroad.

B. F. BABCOCK A CO.,LIVERPOOL.

Tames F.Wenman & CoCOTTON BROKERS,

No. 146 Pearl Street, near Wall, N. YEstablished (In Tontine Building) M41.

J.C. Johnson 6c Co

,

COTTON BUYERS FOR MANUFACTURERS

MEMPHIS. T<S».

Knoop, Hanemann 6c CoCOMMISSION MERCHANTS,

S3 EXCHANGE PLACE, NEW YORK.

HOUSES mManchester and Liverpool,

DE JERSEY eV CO.J. L. H.ACAULAY. A. J. MACACLAT.

Macaulay & Co.,COMMISSION MERCHANTS,

22 WILLIAM STREET, NEW YORK.Future Contracts for Cotton bought and sold on

Commission in New York and Liverpool.

Kobt. L. Maitland& Co..COTTON FACTORS & COMMISSION MERCHANTS,

No. 43 Broad Street, New York.

Edward H.Skinker& Co.COMMISSION AND COTTON MERCHANTS,

»7 Pearl Street, New York.

H.J. Baker & Bro.,

315 PEARL STREET, NEW YORKIMPORTERS AND MANUFACTURERS OF

Prime Quality chemical ManureChemicals for the Vllle formulas, for all Crops.Chemicals for the Stockbtidge formulas.Dissolved Bone—Sulphate Ammonia, Nitrate Potash

Nitrate Soda, Sulphate of Potash, Muriate of Potash40 per cent actual Potash. Super-phosphate LimeAIbo, strictly pure ground Bone.Our descriptive circulars mailed free. The materia

lor special fertilizers for particular crops.

[Vol. XXV.

Miscellaneous.

C. M. Conorbvk, John Sandkbs,Late of Late of

CHAS.CONGKEVE&SON, 8ANDEKS BttOS..Nkw YoiiK- London, &c.

Congreve & Sanders,104-106 JOHN STREET,

New York,

Henry Lawrence& Sons,MANUFACTURERS OF

MANILA, SISAL, JUTE A TARRED

CORDAGE,FOR EXPORT AND DOMESTIC USE

eANG8 OF RIGGING MADE TO ORDER.

192 FRONT STREET, NEW YORK.

HOMEInsurance Company

OF NEW YORK.OFFICE, No. 135 BROADWAY.

Fortv-Seyenth Semi-Annual Statement,SHOWING THB

Condition or the Company on the firstday of" January, 1877.

CASH CAPITAL $3,000,000 00Reserve for Re-luturance 1,858,464 68Reserve for Unpaid Losses andDividends 343 402 24

NetSurplus 1,002,783 90

TOTAL ASSETS '...$6,104,650 82SUMMARY OF ASSETS.

Cash In Banks $342,31 1 j?Kuiuls and Mortgages, being nrst Hen onreal estate (worth W.'SiH.IW) 2,011,453 00

Baited States stocks (market value) 2,5.7,625 (10

Bank Stocks (market value) 28B,iTO SOState and City Bonds (market value) 185,433 (XI

Loans on Stocks, payable on demand(market value of Securities, $"00,37»)... 519.6S1 35

Interest due on 1st of January, 18 ;7 72,tW 65Balance in hands of Agents 153,416 6'>

Real estate 6,800 10

Premiums due and uncollected on PoliciesIssued at this ottice 8,330 SB

Total $6,104,650 82

CHAS. J. MARTIN, President.J. H. WASHBURN, Secretary.

ROYALInsurance Company

OFLIVERPOOL AM) LONDON.CAPITAL, ... - $10,000,000 GoldTOTAL ASSETS, - • $18,009,42*0 05

HEAD OFFICE FOE METROPOLITAN DISTRICT

56 Wall Street.

JETNAInsurance Company

«r HARTFORD.

CAPITAL, - - $3,000,000 00Ataets, Jan. 1, '77 • &7.037,fi07 93

Liabilities .... §3>1,393 33

BRANCH OFFICE, 173 BROADWAY, N. Y.

JAS. A. ALEXANDER, Agent.

Liverpool &Louden dr Glebe

Insiirance Company,

45 William StAssets

In the U. S., $3,000,000

july 7, 1877, vol. 25, no. 628 - fraser · 2018-11-06 · ^financial; tomtit...

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