new march 11, 1876, vol. 22, no. 559 - fraser · 2018. 11. 6. · v^ 0llttttt# and xtmtk...
TRANSCRIPT
v^0llttttt#
AND xtmtkHUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL. 22 NEW YORK, MARCH 11. 1876 NO. 559.
Financial.
THB
National Bank-Note Co.,(INCOIiPOBATKD KOVBUBEB, laSB.)
OFFICE, He. 1 WAU. STREET,
NEW YORK,QrGXATXBs or thx
Oaited StatM Bonds, Not«s, CiUTMteyutd National Bank Xotos.SHsiuTnrs xxo Psamsa or
BANK-NOTES, STATK AND KAILBOAD BONDS,POSTAGK AND RKVINn: STAMPS,
OKBTinCATXS, DRATTS, BILLS Or KXOHAKGB,AND COMMKBOIAL PAPXBS.
in the highest stjU of the art with <p«ria/ tqf4-guarcU derlMd ind pattiUed, ta prereot counterfelting and altentiona.
This Companf engrares and printa bonda, poatag*atampg and paper money for rarloaa foreign
Uovemments and WanMng Inatitntlona—SouthAmerican, European, West India Islands, Japan, AcCommuni«at*on» may »« ocMreaaed (0 this
Contpantf «» aity tangumgt.
J. H. VAN ANTTTERP, Preat.J. ISACDONOUCH, Vice-Prea't.A. D. SHEPAKD, Treaanrer.jno. B. CCBBUEB, Seeretary.
F.W. Gilley, Jr. & Co.,
BANKRRS AND BROKERS,
64 BROADWAY AND 19 NKW STREET,
Flnanoial.
A. H. Brown & Co.,QANKERS AND BROKERS.
a* NASSACT ST., NBWr YARK.Depoattt recetred lublact to cheek at s'gkt, and
Intereata'loved OS dally balances. Special aitentloa
giTen to the baXnesa of CODKTRT BANKjS. Execute ordera for the purchase and aale of STOCKS,BONDS and OOLD.All kinds of iDTeatmest £««nrUle« a lipeclslty.
P. 0.80X4259. New York.
Order a In OOTemroeat Beenrtttea, Railway Bhareaand Bonda, executed atrlctir on Commlaalua, at tbeNew Ycrk Stock Ksehaun.Particular attention pud to Inveetmenta. Foreign
Bzchaoie Boufcht aod Sold. Oepoalu received seb-Ject to algbt cbeck, and Interest allowed on da'Iybalancea, according to the nature of the account.Prompt attention g'Vfa to Collectlona and Remit-
tmncea. Information co. cernlng aoy specified aecurUywill be cheerfully furnished without charge.K. W, GiLLiT. Jr., K.8. BlLtav
Member N. T. Stock Kzehjuige.J. KsLsoa TAr»AH, Special.
John Munroe & Co.,No. 8 'Wall Street, New York,
No. 4 Post OlBee Square. Boston.CHEQUES AND CABLE TRANSFERS ONIdDNReB «c 0«»., PARIS.
STBRLINe CHEQUES ONALEXANDERS. CUNLIFFES & CO.
London.SIXTY DAT STEIJLINO ON THE
CONSOLIDATED BANK, LONDON.
CCBCCLAR NOTKa AVO CRSDtTS TOB TSATSLKES
R, T. Wilson 6c Co.,BAKKKKS AND COMMISSION MJCRCUAIIT
a EXCHANGE COURT.Liberal esAh I'-dvarcea made on conalgnmeara of
Cotton and Tob&cco to our addresa ; alao tooorlrleaaaIB Liverpool sod London.
Sowernaaent Securities, Gold, Storksand Bonds
Bought Slid Sold on Commlaaloa, sad
LOAN» NEGOTIATED.Aecointa reeelred and Interest allowed oa halaacaa
vtilch naay be cheobed for at algbt.
Sherman & Grant,BANKERS,
WASHINGTON, D. C.Gkmxbal ExoHAKea ajtd Pahkino BvaufBaa.
CoLL^OTtOVA C*>* ALL I'OIJITa.
Andrew Stuart & Co.,BANKERS,
34 PINE STREET, NEW YORK.DRAW EXCHANOK ON
DAVID STUART ic CO.. Ltwerpool,Parable in London.
Advanees Made oa ConalcaaaeBts.
ADeUSTCS J. BBOWH. WAUTOK H.BBOWlf.
Aug.J.Brown & Son,
BANKEBS,t» LIkertr Street, New York.
•PKOIAL ATTKMTIOM eiVBN TO TUK NKOOTIATION OP
BAILBOAD SECPRITUtS.
Charles G. Johnsen,
MERCDA^VT AMD BANKER,
1«6 ORAVISR STREET,
NEW ORLKANa, 1,A,
JOHM EWBX, JB., WilLIAJI p. TVTTLE,Member Stock * Gold Exch. Member Stock Kxchaijfe
EWEN & TUTT LE,BANKEBS AND BROKERS,
No. 83 Broadway and SI New Street,
Buy and sell Stocka, Bonda sad Gold oa <m<aiiilaalon
latATssv allowed on depoalta.
Samuel Shaw,BANKER,
Aad Deairr la Oonsaaerelal Pa^er, etc?
«« WTALL STRBBT.
G. Amsinck & Co.,ISO Pearl Street, New York,
ASBirra roa thb
LONDON AND HANSEATie BANK(Umras) .-LOMDON
.
Financial.
Richardson, Hill & Co.,No. 1 gtinfON's BtnLDixa, 40 V?atis St.,
BOSTON.Bnalneaa Paper boaglit aad sold,•eroslts reeelTcd, CoUeetloas aaaAo
Advaaces oa Collateralslareslaaeat Secnrltlsa.
Orders for all Flrat-Clsaa Securities executed oCommlaalon.
HilmersjMcGowan&CoBROKERS IN
POBBIGN EXCHANGE AND GOLDt4 W^aU Street, New York.
(P. O. BOX iMi )
Special atlentloa paid to the necottaUon of Comnterelal bill*.
Morse, Kimbali & Co.,BANKERS.
18 New Street, New York.Membera New Tork Stock and Gold Exchaogaa.
Maturin Ballou,6 Wall Street.
INVEST .VBNT SBCUBITIBSA SPKCLALTr.
The Inreetment of Tmat or other funds ou FitsMortf^ag; aecurlty eflected.Commercial paper negotiated.
G. BOOZJXOHAV, Ja. EDWAB9 B. UaDSBSIU.
Buckingham& Underbill(Members New Tork Stock Bzohaage.;
BROKERS IN
STOCKS, BONDS, GOLBAND OTRER SECURITIES,
No. IS ITall Street, New Yorlr.
NEW YORK. BOSTON,IM Pearl Street. 10 BU:e Street
GOSSLER & Co.,ooBBaspovBurrs or
internatloaal Baak or HansbarcaadLondon, (Limited.)
HOUSE IN EUROPE,JOHN BERENBERG, GOSSLER dc CO
HAKBUSG.
SlDVBT E. Cooes. FBSD. C. COLTOa.Member N. Y. Stock Exchange.
Cooke & Colton^BANKERS AND BBOKBBS,
44 BROAD STREET, NSW TORK.Stocks, Bonds, Gold, Foreign Kxohaage and Mia-
eellaneoua Seeurtues bouaht aud sold stiMtljr oaCommlaalon.
Grant & Company,.BANKKB8 AND BBOKXBS,
No. 3a WALL STBBBT.TRANSACT A OBNXRAL BANKING BUSINESS
STOCKS BOUGHT AND SOLO ON COMMISSION
INTSBKST ALLOWKO ON DEPOSITS.
K. SVTDAll UBAXT, G. ST. Jon I
ii THE CHRONICLR [Marcli 11, 1876.
Boston Baakers.
Parker & Stackpole,KANKKKB, 18 DKVONSHIRB STBKKT,
BOSTON,
Buy and Sell IVetitern City andConnty Bonds.
Brewster, Basset & Co.,
BANKERS,No. 35 CONGRESS STREET,
Boston, niaaa.
Dealers In Stocki, Bonds, Gold and Commercial
•. ap«r. ' '!
Orders execnted on Commission at BroKers Board
Anctlons, and Private Sale.
InTostment Secarltles constantly on hand.
Kidder, Peabody & Co.,
..BOSTON, I« A 8 8 «
COHKKSqiAI, AHD ClBOULAB LXTIXSS OF CBBDIT
SSUKD ATAILABLB IM ALL PAHT8 OF THE WOBLD.
£XOHASex
<W JiOHDOH, PABIB, and OTHBB CONTINKNTAIt
(•'i<.i*-l « : crriBS OF KtrsoPB.
.m^ltnti 'tf >• — —New York Office, 33 Wall Street.
Phila. &. Baltimore Bankers.
Wilson, Colston & Co.,BANKERS AND BROKERS,
BALTIinOKE.INVESTMENT and VIRGINIA SKCUKITIBS a
specialty.L'oiTcsnondence solicited.N. Y. COBKR8PONDKKT8—McKim Brothers ft Co.
and Davidson & Jones.
J.Bell Austin,STOCaC BROKER,
No. 319 l!irjlI.NI7T STREET,••* Pblladelplila.Orders In Stocks and Bonds promptly executed athe Philadelphia and New York Boards.
Southern Bankers.
Southern Bankers.Sam'l 11. Kknxkdt,
President.. C. DUPUY,
Custilcr.
Capital, $850,000. lilmlt, $1,000,000.
State National Bankilltil-OF NEtV ORLEANS.
(FOBMBELT Louisiana Statb Bank.)
Transacls a Geuoral Banking Business. Collections
qi^dQ free of charge.
Especial attciition given to Collections, and PromptRemittances mnd*?. Exchange purchased on all pointsIn the United States and Canada.
Steiliiig and francs bought and sold.
CORRESPONDENTS.London—London Joint Stock Bank.Pabis—Messrs. A.& M. Heine,Kbw Yokk—The Bank of New York, N. B. A.
•"feVN FRANnisco—The Bank of California, and TheNevada Bank of San Francisco.
• }^t 4- ft^^W*?' Pres't. A. K. Wausbr, Cashier.
First National Bank,...... u WILnilNUTON, N. C.
CoUectlone made on all pari s of the United States
..aAikins.. & Leonard,JL0OT wa^. ,
BACKERS
DALLAS, TEXAS.
New York Correspondent Konntze Bros.
THE CITlf BANK OF HOUSTON,Capital, $500,000,
H ousTO N, Te X as.We give special attention to collections on all accea.
Bible points.DiRKCTORS: W. J. Hiitchlos, P. W. Gray, A.J
Bnrkc.Cor Ennls, W. M. Rice, C. S. Longeope.UKNJ. A. BOTTS, I'resldenl.
B. F. WEKMS, Cashier.
THOS. p. HILLBB, B. D. VTILI-tAKS, JHO. W. UILLBB
Thos. P. Miller & Co.,BANKERS,
inOBILE, ALABAMA.Special attention paid to coUecllona, with prompt
remittances at current rates of exchange on day ofpaynu!Ht.
. „ , .,Corrospondeats. — German American Bank, New
York; Lonlslana National Bank, New Orleans i Bankof Liverpool, Liverpool.
James Hunter,BROKER,
Dealer In Coin, Southern Securities and Exchange
Loans Negotiated. Advances made on Secarltles
placed In my hands for sale at current rates.
Address,
Savannah, Georgia.
(P. O. Box 81.)
Refers to Henry Talmadge & Co., New York iBouth-
irnBank, Savannah, Ga.
R. 8. Willis, Pres't. W. K.MoALPiNX.VIce-Pres t.
B. B. Kimball, Cashier. N.O. Lavtb, Secretary.
Texas Banking& Ins. Co.GALVESTON, TEXAS.
OaMb Capital, -.-.-- $300,000.
DIRECTORS : J. B. WalUs. M. Quln, E. S. JemlsonGeo. Schneider, B. S. Willis, T. A. Gary, W. K. McAl-plne, D. The Ayers, J. Bernstein, J. S. Grlnnan, C. L,Cleveland.PelerH. Krtiard, J. A. McKee.Special attention given to collections at all points
n the State, and reiulttance» promptly made, withoutany charge except cuslouSar rates of exchange.
Western Bankeri.
Anglo-Californian BankCUMITED),
LONDON, Head Offlee, 3 Angel Court.
SAN FRANCISCO Office, 482 California St.
NEW YORK Agents, J. & W. Selittmau & Co.
Authorized Capital, - - $6,000,000.Fald-np and Reserve, - 1,55 0,000.
Transact a general Banking business. Issue Com-mercial Credits and Bills of Exchange, available In all
parts of the world. Collections and orders for Bonds
Stocks, etc., executed upon the meet favorable terms
FRED'K F. LOW, Ur«n«osrBIGNATZ STEINHABT, !*"""»"'P. N. LILIENTHAL, Cashier.
BANKERS AND BROKERS,
ST. LOUIS, ino.
DErAULTED MISSOURI CODNTY, CITY ANDTOWNSHIP BONDS MADS A SPECIALTY.
ALSO,
RAILROAD BOSD9, STOCKS, MI8CKLLANE0USAND LOCAL SECURITIES, ETC.
Onr long experience In above class of Securities
enables us to be prepared to make cash bids by wire
to parties givin^ full description.
A Solid Twelve Per CentWtiUe bonds and stocke are the footballs of brokers
the BoUrf lllmois and Missouri TEN PKU Ci'NTS(seml-an nilally at tlie Aineiican Exchange NationalliunJc, New York) and our choice Kansas TWKLVKPEIi CKNTS have neter failed. Nothing but an earth-quake can impair their absolute security; and as topromptness, ask our New York Jiaiik. our paper is
atwai/s atparln'^evf Y'urk, because always paid atmaturity. Have loaned niUUonB, and not u dollar h«t•ver been lost,—Kor details address ACTUARY of theCentral Illinois Loau Agency, Jacksonville, IUlnoi«r. O. Box estl.
Chas. F. Fknzkl, Wm. Kibtkn, Cbbsd T. Walkkbrrcsident. Vice-President. Cashier.
German Savings Bank,I^IXTI^E ROCK, ARK.
CASH CAPITAL »50,000.Transacts a general banking business, and makes col-
lections on all points in the South and Southwest atreasonable rates. Accounts of Banks, Bankers, Mer-chants and others solicited.BoABDOF DiBKOTOBS.—C. F. Penzcl, Wm. Klrten,
Judge (J. M. Hose, Jno. fi.Geyer.G. W. Johnson, Geo,Itelciiardt, J . K. lirodie, A. Schader. Jno. G. Fletcher,
N, Y. COBBKBPONDiNTB. Doanell.Law8on& Co.
Western Bankers.
F. J. Kbkbt, President. B. O. Collins, Cashier,
The Exchange BankOF DENVKR, COIiORADO.
Capital Stock, . $2S0,000,
Special attention given to Collections, and to th
Investing of money on Ursl-class real estate security
for non-residents.
CORRESPONDENTS.Tradesmen s National Bank, and Oilman, Bon & Co. '
New York ; Wells. Fargo & Co.'s Bank, San Francisco
T. K. Skinker,ATTORNKY-ATLAW,
41T OJive Street, ST. liOTTIS, Mo1^~ Special attention given to the collection o
mVNlOlPAI. BONDS.References—J. R. Llenbcrgcr, Pres't Third National
Bank, St. Louis ; Wm. 11. Waters, Pres't Second Nst.Bank, bt. Louis ; Edward P. Curtis, Cashier Nat. Bankof the State ot Mo., St. Louis; Wm. H. Thomson,Cashier Boatmen's Saving Baul£, St. Louis.
I
Love & Co.,BANKERS AND BROKERS,
ST. LOUIS, no.Casta adTinced on Stocks and Bonds left for Sale.
Financial.
FISK & HATCH,'•^''^"TSANgEftS,
iro. 5 NAS.SAV 8T„ NKW YORK.
We give particular attention to DimioT DkalinosIN GOVEBNMKNT BONDS AT OUBRKNT UABKKT BATBSand are prepared, at all times, to buy or sell in large
or.small, amoouls, to suit all classes o( Investors.
Orders by mall or telegraph will receive careful atten-
tion.
We »hall be pleased to furnish Information In
reference to all matters conneobed witb Investments
In Government Bonds.
We also buy and sell Gold and Gold Coupons,C0U.X0T DiviSENi>s, and Town. Countt and StatkCorFONS, &e.. and buy and sell, on Couiiissio.v, all
MARKETABLKST00K4 ANDBoNDS.In our Bankinq Dsi-aetiunt we receive deposits
and remittances subject to draft, and allow Interest
to be credited monthly, on balances averaging, for the
month, from $1,CI001« t9,IXXI, at the rate of three per
cent per annum, and on balancos averaging over
|D,(XM), at the rate of four per cent.
StiSK. it HATCH.
M. K.Jesup, Paton &Co.BANKERS,
No.. 52. W;iUlaiu Street, New Vork,Draw Exchange on Union Bank of London.Accounts 01 Banks, Bankers and others received
upon favorable terms.
Interest Allowed on Balances Subject to Drafts at
Sight.
Advances made upo Consignments to our address
or to our Correspondents n Europe.
Investment Securities Bouglit and Sold.
VERMILYE & CO.^BANKERS,
16 and 18 Nassau street, NeiV Vork,
DEALERS IN ALL ISSUES OF GOVERNMENTSECURITIES,
NEW YORK CITYAND
BROOKLYN BONDS.
BUY AND SELL ON COMMISSION
RAIIiWAY STOCKS, BONDS &fiOLD.
INTKREST ON DfSPOSirS.WASH'N R. VERMILYE, I DONALD MACKAY,JAS. A. TROWBRIDGE. | LATHAM A. FISH.
KDmriTD D. KANOOLPR. HOWELL W. BIOKLRT
WILLIAK T. BLACK.
Maich 11, 1876.] IflE CHRONICLE iif
Financial.
Drexel, Morgan & Co.,WALI, 8TRBET,
CORNER OP BROAD, NEW YORK.
Drexol & €o.,|Drexel, Harjes & Co
No. 34 South Tiiied 8t.,| 31 Uoulcvard llaussmaiin
Philadelphia.| Paris.
BO.MKSTIC AND FOREIGN BANKERS.Denoilts received Hulijoct to Draft. Ki'Curltiei.Oold
«c., liouKlit aud sold on ('oiniillsiion. Intcrcat allowedon uepoMin. KorilRn Kxcnaugu. (Joinniciclal Crcdlta.t.'ublu Iniiisf.ra. Circular Letters Jor Traveler*.avi>i'Ul>le in all parts or the world.
ATTORNKYS A»l> ACRKTB OPjnesara. J. S, moHOAN &. CO.,
No. sa OLD JSUOAD ST., LONDON.
Morton,Bliss&CoBankers, 3 Broad St., N. Y.
Issue Circular Notes and Letters ol
Credit for Travelers; also CommercialCredits available in all parts of the World.Negotiate FirBt-Class Railway, City and
Sute Loans ; Mak« Telegraphic Transfers
3{ Money;
AND DRAW BXCHANGB ONMorton, Hose & Co,, - London.IIOTTINGUER «fc Co., - - - PaRIS.
HoPB & Co., - - - Amsterdam.
S. G. & G. C. Ward,AoiNTs ros
B IRING BROTHERS ic OOmPANY,62 WALL STREET, NEW YORK,
88 STATU STRliTET, BOSTON.
J.&W. Seligman&Co.,BANKERS,
B» E.XCHANOE PLAOB,COUNKU B1!0AD STKKKT, NKW lOKK.
Issue Letters of Credit for TrarelerS)
Payable In any part ot Knrope, Alia, AfrIM, AutralUand America.
Draw BllU of Eicliange and make telegraphic trans-ters of money on Knrope and California.
AOKNcr or
Merchants' BankOK
Canada,Oa WALL STREET.
"PUal, $9,000,000 Gold.Paid np, ..... 8,138,026 »'
lilliB of K.i[chanBe bonght aud so'd, CommercialCrcdiin grajitcd, Urafta on Canada liwucd, Bills collect-ed, and otiicr Uanlcmg Irasiuciis transactod.
WALTER WATSON, ( .„„„..WM. J. INUKAM, f
Agents.
LONDON A«EWf!Y. 38 Lombard St.
CHARLES OTIS,47 KXUIIANOB FLACK,
City Railroad
and Gas Stocks,Specialty lor 19 Years.
•eoqnoutlona of " Local Secnrltlea" In this papot
Levy & B o r g,RS EKChauKe Place,
BOORUU D DKALEU8 IN ALL KINDS OF
BOVTIIERN AND miSCELLANEOUS
8KCUR1TIE8.
Railroad Bonds.WHIOTUKK YOU WISH TO BUY OK 8KLL.WUITK TO
HASSLER & CO.,No. 7 Wall Street, N. Y.
Finanoial.
C^j'/^^jSji tOAPmST"
Capital,* 1.000.000.AHoW') intAreflt on (Ir>poilti, rnlurnabin on dcDiand.
or at Biicnriuil dales. 1h u.»lliorl/,i-a to act fin Kxecutor,AmnlntBtralor, (iuardlftii, Ut-crlv*'!-, or Ti uslcc Like-wise, Is a le.al doponltory for muia-y paid Intu Court,or by order of Htiy Siirn Ki'le. liiiliv duals. Finns andSccletlefl PcekinK IncouK; Irom nunn'y hi abtivHtiCR. orat reBtt will Umi sufi:ty and advuniHKc tii tttla InatUu-tlon.
HKNKV F. SPAULDINO. Preitdent.BKNJ. B. SHKKMAN. } ViceFKKUEIiICK H. C088ITT, ( Pre»ldenU.C. H. P. UABCOCK, 8ocreiary.
KXfJVUriVE VOMMI'ITEh:Jacob D. Vermllye, AmOB K. Kno,lienj. IJ. bht'rtnnn, Frederick H. CosfilU,Bam'l D. BHbcock, Isaac N. Phelpa.
, « KUmnnd W. CorlleB.Martlu BatCB,
BOARD OF TRU'HTEES.Samuel O. Babcock,JoDHtbaD Thorac,Isaac N. Pli'dpK,JoEiab M. Flike,Charltii (i. Laiidon,KdmuNd W.Curliea,Fri'dnhci' ll.Oosgitt,WUlmm H. Aiipl^tuu.UUKtav Hcbwub.David DiiWfj,Martin Batcn,Willtani Allen Batter,James P. Wallace,
Ucnry F. Spauldlog.
BeDjum.n B. tiberman.• e 'rKc W, Lane,Jacob a. Vermllye,Geo. Maf^cullccb Miller,Kuawelt tikeel,A. A. Low,Adrian Ueltn,AUIOB l{. buo,I'harlea <}. Francklyn,William U.Webb,J. Pie: pout Morgan,J'ercy It. I'yne,Cliarles Aberuetby,
THIS
OF THE CITY OF NEW YORK,con. BROADWAY A WARREN SI.,
I»AI».UP CAPITAL,, $1,000,000.Invested In United Bt«tea Goyernment Bonds.
Pavs THREK PER CENl' Interest per annum onVepomts mbject to chech at sight.IHys tOUR I'KR CESr IiMreat per annum on
special ttepoHitb- remaining Htx. moiu/ts or longer.Acts as Truitee for eststea.
JOHN C. CKUIK8HA^-K'!-S^c^Jt£t*''*""'"'"•
Security Against Fire and Robbers.
Central Safe Deposit Co.No. tS Wfcst 23d Street,
(Masonic Temple Building.)SAi-E KKKPINO OF VALUABLES under guaran-
tee. Private otUces for Banks and Bankers out of thecity. Separate roujns for Laily Patrons.
ELLWOOD E. TIIOKNK. President.Oltice hours, 9 A. M. to 6 P. M.
Albert H. Nicolay & Co.stock Auctioneers and Brokers,
No. 43 PINE STREET, NEW YORK.ST" REGULAR AUCTION SALES
OF
STOCKS AND U O N D S,
AV«ry Mondav and Thwsdai/, or
Spkoial Salxs Madi ok all OTnCB DATS,
UPON ONE DAY'S NOTICE, WHEN REQUIRED
Onr Establlthod Cnstom 34 Year*.
tV Stocks and Bonds bought aud sold at the NewYork StockBxcliaiige, and at private sal^, en cammis-
sion.
IW Securities not dealt In at the Stock Boards a
specialty wltk this house for many years.
tar First-class Municipal Bonds, liallroad Bonds
and other Incorporated loans negotlateU on liberal
terms.
Gargiulo & Co.,BANKERS AND BROKERS
No*. 4 & 6 Broad Street,
• '• / vj HEW YORK,Btoctt, Bonds, Gold and Mlseellaaeons Securltlas
bought and sold strictly on commission. Orders by
mall or telegrapn carenuij atieuaea to.
Financial.
REAL ESTATEMORTGAGE BONi5§'
GUARANTEED BY THE
Equitable Trust Co., .
$1,000,000 CAPITAL.THESE REAL ESTATE MOKTOAOK BONOS AKE
COMMKNUei) TO THE ATTENTION OFTUE MOST
CONSERVATIVE INVESTORS.Urit—Ttiey have the ladlrldnal lltbltitT of Nie
maker.Second—Efch bond la tccnred by • llnrt mortgage of
real .state of not le.s tlian double Its value.I1Ur<t-The prompt payment of both nrtnelpal tad
Interest of eviM-y bond 1m KUiirantred by tills CoinpHUy.The Company guuranteelug tnese Honda recelvrs no
dcpoBUs, owcfi no niotuty, and Incurs no obliKtxUons ofany character except those arising from such guarantythereby keepljig Ita whole capltHl or (in" .Ml.llouDollars unimpaired. TO MEET AT ALLTlWEsthoprompt payineiit of both principal aud Interest ofthese Bonds.All mortgages securing the Bonds are formally ap-
proved by the following Executive Board:HOUKUT L. KENNEDY, ADRIAN ISELIN, /
"
SAMUEL W1LLET8, JAMBS A. ft'.XlsfeVELT,WM. KEMSBN. KUOE^K KELLY,CIIAS. BUTLEH, JOH.N D. MAXwAlL.HENRY P. UaVeN, GUSTAV H. KI8SKLL.1 hese Secorltles bear Seven Per Cent Interest pay-
able semi annually, and are ottered for sale at onehundred and two and interest it the oUlee of theEqnlUble Trust Company, Nos. 53 & 54 AVilllam street.
JONATHAN EDWARDS. President. . .
mm
THE NEW ENUEAND
Mortgage Security Co.-^
OFFERS FOR SALE, AT PAH,
SEVEN FEB CENT TEN-YEAR BONDSSKCUIiED BY
FIRST nORTGAGES Of IMPRI^ysoREAL ESTATE.
UUAiiANTBSU, PRINCIPAL AND IMTBRK8T,
CAPITAL STOCK OF 950«,000.Interest Coupons payable seml-annn lly. Bonds
registered to order, or payable to bearer at option.Accrued tntorest Is not required to be paid by par-chaser, the next-due Coupon being stamped so as todenote th.it Interest begins at the «i ite of purchase.A Pamphlet with full Information will be sent on
application to the Company's Olllce,
43 Mlllc Street, Roaton.These Bonds are commended to the attention of theMOST CONSEUVATIVE INVESTOKS, as they are
believed to be as perfect a security as can be obtained.The hsue of Itouds la limited to one-half the amountof the same class of Bonds ever issued under a likeGuaraulue.The security of each Bond is not con lined a to single
Mortgage, but extends over all the Mortgages ownedby the Corapa-jy. This Company receives no deposits,guarant- es no other securities, and lias no other debtsthan its bonds. Its Mortgages are of like clmracter tothose which have befu boui:ht in tin; last tweuly yearsby Individnals, Life insurance Companies and otherCorporations, to the amount of moie tlian Fifty Mil-lions of Hollars, proving a most secure and satisfactoryInvestment. The Loans are all upon Improved Farmffla some of the most fertile Western btates, near theItailroads, witti stiort and perfect titles, aud averageless than i;6rjO each, upon property wortii nearly fourtimes their amount. Experience has proved that wc'l-selejted Mortitages upon this class of property aresaler than those upon city propcity, either in ttie Eastor West. They aie notallected by Fires, or by Businessrevulsions; Principal and Interest arc more promptlypaid ; and upon the bu< cess of Agrl -ulture dependsthat of almost every Indusitrlal Investment.
HENIIY SALTONSTALL, President.FUANCI8 A. OSBOUN, 'i'reasurer. .
viok-pbbsidkntb:Ames A. Lawrence, Geo. C. Richardson,James L. Little, Thomas Wiggleawortli .
Geo. P. Upham. • •!>dikxoiobb: , , .y
Charles L. Flint, T. JeSerson CooIIdge,Henry SMltousiall, John V. Putnam, ; ^tCharles L. Young. J. B. Upham,
OOUNBIL;Hon, Henry W. Palue, Boston.Blmoon E. Baldwin, New Haven.
The Brooklyn Trust Coi.Cor. of Montague A CHnton sts^ Brooklyn, N. Y. -i
CAPITAL, 1500,000.
This Company is anthorlMd by special charter to actas receiver, trnstee or guardian.
It can act as agent in the sale or management of reaestate, collect Interest or dividends, receive rogibtryand transfer books, or make purchase and sale of Gov-ernment and ether securities.Religious aud charitable instltntionfl, and persons
unaccustomed to the transaction of business, wilt llndthis Company a safe and convenient depository formoney. RIPLEY ROPES, President.
CBAS. V. MARYLN Vlce-Pl«a t.
KiMAa M. CuiJju. OoDuael.TiUISTSBS:
J, B. Bockwell, Beaiir Bauer, Alex. McCne,W. C. Kingsley, CIMIiiBi Jiirrta, A. A. Low,John P. Kolfe, Aba. B. Barlia, S. B. Chiltendes,Thomas Sullivan. Dan'lChanncey, Edward Uanrey .
H . E. Pierri'pout, Josiah o. I.OW, James D. yiah.JohnUalaoy, Alex. U. White,
Wm. U. BUNKER, Secreury
If. THfi CHRONIOIK [Maich 11, 18:6
Financial Financial
** Pur > 700 K*« K't what yon bnri•t*p wbcu you cbooae."
COMMON SENSE AND FAIR PLAYIN LIFE ASSURANCE I
Bo not Aieurt your Life till yon have examined
the NKW PLANS devised by Shkppard Homans
Actouy, for
THE
Provident Savings Life
Assurance Society,
ITBSTEKN VNION BUILDING,NBW YORK.
Guaranty Ca§li Capital, 9125.000,
Invefted In U. 8. Five-Twenty Bonds.
ThU SwAety teparalis (he Imuranee Part of the
Vretnium from the Jleserve or Deposit Part, which
latter 1« held merely for accumnlatlOB.
ThU Society recognizes the Policy-holder a$ owner
»f the Beserve.
ThU Society, therefore, will either i»sne policies
on the payment of uniform annual premiums, guar-
anteeing a spedjled surrender value for every year in
cash; or It will furnish the PROTECTION OF LIFE
ASSURANCE at actval current costfor death claims
and expenses of management, each year ty itself, re-
Mwal/le at the close of any year rcUliout further
medical examination.
These Plans are indorsed by leading Actuaries
•nd State Commissioners, and also by the " Society
for the Promotion qf Life Insurance among Clergy-
nun," James Brown, President; Howard Potter,
Treasurer.
For Plans, Bates, and Full Particulars apply to
THE PROVIDENT SAVINGS I.IFEA8SORAN0K SOCIETY,
WESTERN UNION BUILDING, NEW YORK.
QEORaB WALKER, SHEPPARD HOMANS,President. Vlce-Pres't and Actuary
H. C. Williams & Co.,
49
BANKERS AND BROKERS,
Wall Street, Maw York,
J C. ChDMALIE IK
ew
INVESTMENT SECURITIES.
Texas State, Railroad, County and
Mnnicipal Bonds a Speeialty.
Texas Lands and Land Scrip for Sale.
FINANCIAL AGENT OF THE CITY OF H0U8-TO • TEXAS; And
DOTTED 8TATJ» CENTENNIAL COMMISSION-ER FROM TEXAS.
OFFIC BS:
39 BKOADHTAY, NEW YORK.
Edward C. Fox & Co^^
STOCK BROKERS,
SO BROAD ST., NEIV YORK.
Stocks, Bonds and Government Securities bought
and sold at the New York Stock Exchange.
We give Special Attention to State,
GItr, County and Toivn Bond*, andSecurities or defaulted Railroads for
ivblcli there !• mo regular market.
QUOTATIONS FURNISHED.'IKXASUBY DKfABTHKNT, i
OFFlOa OP COMPTEOLLSB OP THK CTTRBKNOT.-^WAaHiHOTeM, February 25, 1816. )
'I^HE CIROVLATINK NOTES OF THEl FIRST NATIONAL BANK OK OSCEOLA.IOWA, vlll be redeemed upon preientatlon at theTreasury of the United Stalea, in the city of Waslilng-10D,0. O. JOHN JAY KNOX,
Comptroller ot rurrency.
dbalbks in
STATE, CITY* RAItWAY BONDS.Orders for Stoelte and otber Secnritlea
receive personal attention at the New York Stock
Exchange. Good Rallwar Bonds not regu-
larly quoted, and those lu Default el Inter-
est made a Special Branch of Our Busi-ness.We quote as follows— . „. BW. Asked
Burl. C. K. a Minn., l«t, Minnesota Dlv.. .. « 50
do do i8t, Milwaukee Dlv.... 2!
Cairo t Fulton, 1 9t 65
CEnadaBoutliern,Ht,conrvon 6)
ao mt, registered «5
Central RB. of Iowa, l«t 8;Chesapeake* Ohio, 1st. 6b S5
do do 21.78 JChicago & Canada Southei n, 1st 38
Chicago Clinton & Dnbaque. 1st .. .......... *•
Chic. Danville 4 Vincennes, let. Illinois Dlv. 4S
do do 1st, Indiana Dlv. 22
Danville Urbana B. * Pekln. 1st 45
Houston & Great Northern, Ist 65
Houston « Texas Central, 1st, Main Line. . 8i
do do 1st, Western Kit. 8SMFlint * Pere Marquette, let, cons 30
KvansvlUe T. H. ft Chicago. Ut 75
Grand liaplds ft Indiana, Ut, L. U., guar. . . . lUU
do do Ist, Ex. L. G. . . 54
Indianapolis B. ft Western, 1st 35
do do 2d 11
do do 1st, Extension.. IS
International RK.. 1st......... ••••v-^-- SKansas Paclflc, 1st, 7f. M . ft N., unfunded 75
do iBt. 7«. J.ft J. do ..72do 1st, 68, Fel) & Aug., funded. T2
do l»i, fs.J.ft D. do . 71
do No. 11 15
do No. 16 HLake Superior ft Mississippi, lit 22
Logansport C. ft Soutnwestern, Ist 10
Missouri Kansas ft Texas, :at 60
Moblleft OhIo.Bterllng. Bs.wl'hcf 3»
do do S6,ex.cf 39
do Interest. Ss 20
MontclalrRH. of N. J.,18t .. 8KNew Haven M. ft Willlmantlc, 1st 25
New Jersey Midland, lt»t 40
New Orleans Mobile ft C. Ist 35
New York ft Oswego Midland. 1st 18
do do 2dNorthern Pacific, 7 S-lOs. 1st 1"
do rpgifttered la
Peoria ft Rock Island. Isi. 55
Port Huron* Lake Michigan, 1st 17
Rockford K. ft St. 1.0UU, 1st »Southern Minnesota, Ist BOBt.Josephft Denver City, Ist, B. D \i
do do Ist.W. I> 1
Texas ft Paciac. L. G 20West Wisconsin, L. G., 1st 5<
do Interest payable In London. 58
Financial.
307070693837124130472547S78987X9580105eo371316
708076
is"20IS25126;i
41
4125
484019418
«6"1911
is"1025
STOCKS and BONDSAt Auction.
The nndersigned hold REGULAR AUCTIONSALES of all classes of
STOCKS AND BONDS,ON
WEDNESDAYS AND SATURDAYS.
ADRIAN H. rnVLiLER & SON,
No. 7 PINE STREET, NEW YORK.
G. T. Bonner & Co.,BAITKEBS AND BBOKEBS,
No. 30 Broad Street, NeMr York.
stocks, Bonds, and Oovemment Securities boughtand sold on commlaslon at the New Vera stock Ex-change.Dealers In all descriptions of Bonds and Investment
Securities. j „ ,
The correspondence of Bankers and Brokers through-out the country solicited.
Funding of Southern State Bonds.
We are prepared to fund Bonds of the followingSouthern States, in accordance with their severalFunding Acts, upon the most reasonable termspossible
!
VIRGINIA, LOUISIANA, SOUIB CAROLINAlENNBSSEB.
VrANTED.Alabama Old Bonds.
Louisiana Old Bonds.
Monroe County, Miss., Eight Per Cent Bonds.
New York ft Oswego Mid. HK. First Mortg. Bonds.
FOR SALE.South Carolina New Consol. Bonds.
Virginia New Consol. Bonds.
Texas Ten Per Cent Funding Bonds.
New Jersey ft New York RK. Consol. Bomls.
INVESTIUENT BONDS.FOR SALE.
St. Louis Gold 6 per cent Bonds.ClDclnuatt 78 and 7.30 Bonds.Cleveland 6 per cent Bonds.Louisville 6 and 7 per cent Bonds.
WANTED.County, City and Town Bondsof Ills., Iowa and Wis.Claims on Jay Cooke ft Co,New Jersey Midland Kall'-nad Bonds.N. y. A Oswego Kaliroad Receiver's Certltlcates.
Danville Urbana ft Bloomlngton Railroad Bonds.
\f m.. R. UTI.EY,4 IVall Street, New York.
ELIZABETH CITY SEVEN PER CENT IM-
PROVEMENT BONDS. Interest April and
October. One April 1, 1905.
LONG ISLAND CITY SEVEN PER CENT
WATER BONDS. Interest March and
September. Due Sept. 1, 1902.
FOR SALE BY
DANIEL A. nORAN40 Trail Street.
OFFICE OF THE
Kansas City St. Josepli & Council Blufl's
Railroad Company,
36 SEARS BUILDING,BosToiff, February 25, 1B7U.
NOTICE TO BON0HOLDEr.S.
On the 25th day of March next the time expires when
tbe arrangement must be. If at nil. completed tor
adjusting tbe allalrs of this Company, under the plan
dated March 25. 1814.
Subst ntlally, all of the 1st Mortgage Bondholders,
and, with but a small exception, the holdeis of the
lower secnrlticB have assented to tbe plan.
As some small portion of the parties, who have not
exe' uted the instrument, are unknown and cannot be
reached, and a atlU smaller portion who are known,
have not given their formal assent, it Is proposed that
after the 25th of March next, i/'oii «»e lower sfcurttiea
do not ffive their forma! as'ent piior to tliat ttnie, to
arrange wl(h the Ist Atorttisge Bondholdei 8 to fore-
close their mortgagep. they 'greetng to isBue to the
holders of the lower securlUea trlio have aasented to
the arrangement. Preferred Stock, as provided in tlat
arrangement,j^^a^^,, p^,rKICK, )
NATHANIEL THAVEB,V Trustees.CHARLES MEBKIAM, )
TBSASUKY I>KPAU-rMaMT, .
OrPlOB OF COMPTROl.LXR or TUB CUBBBNOY,>Wasuinqton, February 1, 1876. )NOTICE. — THE CIKtUIiATiNn
NOTES of the FIRST N.^T^()^JAL BANK OFBEDFORD, IOWA, the FOUltTH NATIONALBANK OF CHICAGO, ILLI\01S, and the MINERS'NATIONAL KANK OF GEOKGETciWN, COLO-KADO, win be reaeemed upon presentation at theTreasory of the Unlttd Statei In the City of Wahlng-tOB,ir6. JOHN JAY KNOX,
Comptroller of the Currency.
X] OTICE.—The First National Bank of Rochester,X^ located at Bochestrr, In the UMte of Indiana, Is
closing up Its aaalrs. All note-holders and othercreditors of tald aswciation are therefore hereby notl-
ll«d to present the notes, and other claims against tbeassociation for payment. " •"" - "^-"... -...^
January 11, 18,6,
ARTHUR C. COPkLAND,President.
O. T CO.BONNER dc
30 Broad Street, New York.
THE NEW JERSEY & NEW YORK RR.(Consolldatl n of the Erie Railroad branch to
Hackensack, and continuous roads.)
8300,000 of the First Mortgage T per centgold bonds having been negotiated In Europe lately,
only the remaining portion of ^180,000 of the
bonds are oflered, at an advance in the price to 95and iuteregt.
The bonds will be re-purchased at same price at
any time within one year, and contract jjiven to that
effect, the company maintaining funds in trust for
that purpose with ROLLINS BROS. St, CO..Cer. Wal; & Broad st«.. New York.
McKim Brothers & Co.,BANKERS,
4T Wall Street, N«w York.
Mariposa Land & Mining
Company.EXBCUTITE OFFICK, Nos. » ft 11 Nissai; St.,
Kiw VOEK. February 24, 1876.
The TilUSTKES of this Company have LEVIED
AN ArSKSBMENT OF ONE DOLLAR per share on
the preferred and common stock, payable at their
ofllce on or before March 24.
moRRis H. sniTii,Assistant Secretary.
orricK or th« DrauQtix ft Siotrx cut RR.
)
COHPAHT, No. B « ILLIAK bTIIIT. >
New Tobk, March s, 1876. )
]^OTICE.-A DIVIDEND OF THREE
(S) PER CENT has this day been declared on the
stock of this Company, payable on the I5lh day of
April next, at the office of Messrs. M. K. Jesup, Paton
ft Co., to stockholders registered as such at the closing
•f the books.
Transfer books will be closed on the 1st and re
opened on the 17th day of April text.
J. B. DUMONT, AssisUnt Secrsisry.
Smith & Hannaman,INVESTMENT BROKER*,
INUIANAPOUS, INDIANA.
xtmtkHUNT'S MERCHANTS' MAGAZINB,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATK8
VOL 22. SATURDAY. MAKCH 11, 1^76. NO. 659.
C ONTe h! T8.
THB CHRONICLK.The Resumption QueBtion in I ami from Jan. 1 lo March 1... . a44
Conere » 941 |lj»teetMonetaryandCommerc)«l
The National Banks and Ihc |Bnglleh News 545
Causes of tbclrStronsrth 242 ; Commercial tnd MlscellaneoueHow Shall we Stop It? 243 1 News S^f
liailroad Earniiij;: In Fehrnary, I
THB BANKERS' OAZKTTK.SI oncy Market, U. S. Securities, I Banks, etc m
Railway Stocks. Gold Market, |tjnotatlons of Stock* and Bonds i»l
Foreien Exchange. New York | New York Local Securities '<5J
City Banks, Boston Bank", I Investment and State, City andPhiladelphia BiLks, National |
Corporation Finances. . ..... 253
THB COUMBUCIAL TIUBS.Commercial Bpltome 2!i8
(Dry Goods 263
Ootlon 35S Frtces Current — 264
Brcad^tnfts 2t>2|
^\)t €\)xonx(\t.Thk Commercul and FiKANCiAL Chronici.k i» usutd On Satur-
day morning, with the latest newt up to midnight of Friday.
TSKUS OF SUBSCBIFTIOH-FATAB!.! IH ADVANCE.The CoVmehcial and Financial Chboniolk,
For One Year (including postage) tie 2ForSlxMonths SI"
Subscriptions will he continued until ordered stopped by a written orderor (U tfbe pitblicntion oplce. The Publishers cannot be responsible for Remit-tances unless made by Drafts or Post-Offlce Money Orders.
AdTcrtlnenients.Transient advertisements are pnhiiehed at 25 cents per line for each
insertion, but wlicn deflnlte orders are given for Ave, or more, insertiona. aliberal discount is made. No promise of continuous publication in the bestnlac« can bo ijivon, asall advertisers must have equal opportunities. SpecialNotices in Bankins: and Financial column tiO cents per line, each insertion.
London OIBee.The London ortlce of the Chroniclk is at No. 5 Austin Friars, Old Broad
street, where subscriptions aie taken at the following rates
:
AnnnaVSnbscriptlon to the Chronicle (including postage) St t».
Six months' subscription 1 Ss.
William b. dana, I WILLIAM B. DANA k CO., Fnblisheia,JOHN o. FLOTD, JR. ( 79 and 81 William Street, NEW YORK.
Post (JrrioB Box 4 59*.
U9 A neat file-cover Is furnished at 50 cents ; postage on the same le 16cents. Volumes hound for subscribers at $1 50.
H^ A complete set of the Commercial a«d Financial Cbroniolk—July1865, to 'late—is for sale at the office. Also one set of Hunt's MsrohantsMagazine, 18:19 to 1871, sixty-three volumes.
t# The Business Department of the Chronicle is represented amongFinancial Interests in New York City by Mr. Fred. W. Jones.
THE RESUMPTION (IDESTIOJi IN CONGRESS.
In the Senate, at Washington, Mr. John Sherman on
Monday delivered an elaborate and comprehensive re-
futation of the arguments by which certain members of
Congi-ess have attempted with some show of success to
render probable the repeal and temporary overthrow of
the Resumption act of January, 18T5. Mr. Sherman's
speech has produced a deep impression throughout the
country. Its salutary influence is founded partly on the
broad and statesmanlike views it gives of the monetaryand financial situation, and partly on the absence of
the weak arguments and unsound theories which some of
the sound currency advocates have occasionally conde-
scended to use. Mr. Sherman laid down the funda-
mental principle that the policy of the Resumption lawis just what the credit and the best interests of theountry demand. Hence this la\p should not be repealed
or disturbed. It appears to be working well, though it
's only just beginning to produce its incipient reforms
and three years at least will have to pass away before so
large and extensive a legislative change can develop its
effects in their salutary and complete perfection.
Every one knows that if we rep<!al the act, we shall
destroy the sole e.xisting legislation that promises to
restore the specie standard, within a definite time, to the
country. Or, as Mr. ShermaM puts it :" The question
mooted is, not as to the best means of securing the re-
sumption of a specie standard, but solely whether the
only measure that promises that result shall be repealed.
The question now is whether we will repudiate the
legislative declaration made in the act of 1875 to redeem
the promise made and printed on the face of every
United States note, a promise made in the midst of war,
when the Nation was struggling for existence ; a prom.
ise renewed in March, 1869, in the most unequivocal
language, and actually made specific, as to time, by the
act of 1875."
After offering some lucid illustrations of this point,
Mr. Sherman raises three questions: First, ought the
Nation to perform the promise to pay the greenbacks in
gold ? secondly, can the Nation perform this promise ?
and, thirdly, are the agencies and measures prescribed in
the law adequate for the purpose ? In regard to the
first two points there is little difference of opinion. The
Supreme Court has decided that the dollar promised on
the face of the greenback is a gold coin weighing 25*6
grains of standard gold. That the Nation is bound to
fulfil the contract, and will be able at some time in the
future to fulfil it, there are very few persons at this day
disposed to deny. The main difficulty in the public
mind seems to be as to the interval of time which is
necessary before resumption, and the preliminaries which
should precede and pave the way for specie payments.
It were to be wished that Mr. Sherman had. been a little
more full and precise in his discussion of this branch of
the subject. We hope to hear from him a more com-
plete and detailed exposition hereafter. On the third
point we have referred to, he is sufficiently emphatic, as
the subjoined extract shows:" With the growing wealth and credit of our country, I do not
believe the present volume of Unjtej States notes need be larfirely.
if any, reduced to keep them at par in coin. We have bow a gold
balance in the Treasury of $37,120,773 73, and a currency bftlancs
of $9,529,304 over and above our currency and coin certificates.
Suppose (what 1 reitard as an extreme case) that we add to this
reserve $100,000,000, $50,000,000 in coin certificates and $50,000,-
000 in coin, does anybody doubt but it will be ample to redeemany note that is presented? But, it is said, where is the gold to
come from to enable us to resume. Not only is the gold of t^eworld open to our competition, but we are the largest gold andsilver producing country of the world. The product of our minesis about one hundred ndlUons a you, and a single year's productwould more than enable qs to resunie. Qur facilities for acca-
242 THE CHRONICLR LMarch 11, 1876.
mulatiuK gold are greator than any other nation. • But the goldis exported.' So it is, because we will not use it as other nationsdo. Give it occupation here and it will remain here, and theproducts of our farms and workshops will be exported instead. It
is said we can make a standard of something else that is notexportable. So we can by cutting ourselves off from the civiliza-
tion of the human race. And now let us briefly examine thequestion : Are the agencies and measures prescribed by the act of1875 sutflcient for the purpose ? This bill does not contain pro-visions that for years I have struggled to secure. Still I feelbound to'Bay that it contains ample a{;enci>s and powers to carryit into a full execution without the addition of a single provisionby Congress. * * I will cheerfully support any measure ofwise economy proposed to strengthen the public Treasury ; I willcheerfully vote for a moderate tax on tea and coffee, because thiswill increase our revenue without adding to fhe coat of thearticles, and be the means of enabling us to repeal other taxesthat are both a burden and an inconvenience ; I will gladly votefor the voluntary conversion of a limited amount of United Statesnotes into bonds, as each of those measures will tend to ' prepare'us for a specie standard. But each of these measures, andothers that may be proper, are not, in my judgment, indispen-sable to the full and complete execution of the law of 1875 on orbefore the 1st day of January, 1879. I have a confident beliefthat if Congress will now hold fast to the law as it stands, thedrift of events and the practical operation of the law will notonly vindicate its wisdom, but will secure in due time everyproper auxiliary legislation to carry it into full execution."
Next to tho poiuts mentioued above, the chief reason
for the wholesome iiiflueuco which has been produced
throughout the financial and mercantile circles by this
speech is the confirmation it supplies to the belief which
generally prevails, that no new law of importance relative
to the currency is likely to pass Congress this session. It
is easy to see that Mr. Sherman does not anticipate anyBuch legislation, and his opinion on questions of pro-
spective legislation will be regarded as conclusive. ~The
same acquiescence will not be accorded to Mr. Sherman's
opinion that the resumption of specie payments will
not cause any contraction in the volume of the cur-
rency. We think that the records of the past history
of paper money, in this country and abroad, establish the
theory that a wholesome contraction in the outstanding
currency, both of greenbacks and of bank notes, will
attend the restoration of the specie standard. This
theory derives some corroboration from the active
currency contraction which has been already developed
by the Resumption act, and by those still morepotent natural laws which central the currency move-ments of such commercial nations as are not enthralled
by paper money. The Comptroller reports the wholecurrency contraction up to March 1, as follows :
CONTRACTION OP TUB CURRENCY UNDER THE LAWS OP JUNE, 1874, ANDJANUARY, 1875, DOWN TO MARCH 1, 1876.
I. Kational Bank notes outstanding when Act -20tli Jane, 1874, waspassed $349,894,182
S. Do. issued from 30th Jime,.1874, to llth January, 1875. $4,734,500
8. Do. redeemed and retired between saaie dates S,767,S32
4. Do, Increase from SOth Jane, 1874, to 14th January, 1875 1,967,268
5. Do. amount outstanding 14th January, 1875 $3jl,861,4E0
6. Do. redeemed and retired from 14th Jan., 1875, to Ist
March, 1876 $20,858,323
7. Do. surrendered between same dates 4,110,004
8. Total Nat. bank notes redeemed and sorrendered.. . $24,962,327
9. Do. issued between same dates 13,820,760
10. Do. decrease from 14th Jan., 1876, to 1st March, 1876 11,141,56'J
II. Do. amount outstandinu 1st March, 1876 .. $.340,719,883
12. Greunbacksondcpositin the Treasury, SOth June, 1874, to retire
notes of insolvent and liquidating banks $3,813,678
13. Do. deposited from SOth June, 1874, to Ist March, 1876, to retire
National bank notes , 43,539,670
14. Do. total deposits $47,353,345
15. Do. deposits used by Treasurer to retire bank notes betweensame dates, without re-issue 23,619,855
16. Do. balance of deposits, Ist March, 1876 $23,733,790
.,3,7. Greenbacks retired under act 14th January, 1875 $11,056,608
-18. National hank notes retired from20th June, 1874, to iBt March,
18T6 9,174,599
19. Greenbacks outstanding 31 t Aug., and 30th Sept., 1873 356,0O0,0C0
20. Da do SOth June, 1874 382,000,000
21. Do do 29th February, 1876 : 370,943,392
Among the points demonstrated by these figures there
are several of great practical importance. First, the
greenbacks have declined from 382 millions in June,
1874, to 370 millions at present. Here we have a con-
traction of 12 millions. Secondly, the National bankcirculation lias declined from 3.50 miliions in June, 1874,
to 341 millions at present. Here we hiiye a contraction
of 9 millions. These two items of currency contraction
give us an aggregate of 21 millions, besides which there
are, as avo shall hereafter show, other contracting influ-
ences at work upon the currency in this salutary direc-
tion. What is more important for our present purpose
is the ease of money. For many months past the infla-
tionists have clamored against all contraction of the cur-
rency, however wholesome and necessary. They haveaffirmed that if we contract the volume of the active
currency at any time we invariably make money tight.
This error of the inflationist creed we have often demon-strated, and we need not here expose it further. It is
conspicuously refuted by the fact that, although the
United States is the only great commercial country
which, at the present time, is rapidly contracting the
volume of its currency, there is no stringency. We have
no spasms in the loan market. On the contrary, moneyis easier among us and the rate of interest rules lower
than anywhere else in Christendom.
THE NATIONAL BANKS AND THE CAUSES OF THEIR STRENGTH.
We have often directed attention to the fact that from
well-known general causes affecting the whole financial
world there is in the chief commercial nations of Europe
more or less of agitation about reforme in the old bank-
ing systems. In Italy, Switzerland, and Russia, as
well as in Gcnnany, France, and England, there seem
to be financial forces in process of development which
are tending to create new safeguards and to produce
practical reforms in the mechanism and the methods of
commercial banking. As the system of our National
banks is undergoing some impoi'tant changes, not only
from the same general causes which are operating on so
great a scale throughout Europe, but also from the
efforts of recent legislation, we have an increasing neces-
sity for a fuller pwblioity in regard to the movements of
our banks, and the interest of the popular mind in the
statistical reports of the banks is augmenting. To meet
this new want, as well as to refute some of the false
statements made in disparagement of our National bank-
ing system, there has been a more full and frequent pub-
lication of some of the oflicial statements of the National
banks by the Treasury at Washington.
The Comptroller of the Currency has prepared for us
tables showing the strength of the National banks and
its chief causes. Among these statistics we find the
following table, showing the bonds deposited at Wash-ington as security for the circulating notes of the banks.
These notes amount at present to 1340,719,883. Adding
the $2,099,190 of National gold bank circulation, the
total sum of the bank notes will be $342,819,073. Towithdraw and cancel bank notes under the law of June,
18*74, and .Tan., 1875, the Treasurer of the United States
holds, of greenbacks $23,780,590, and of gold $671,990.
This aggregate o? $24,452,580 of lawful money is held
for the retiring of that amotint of bank notes. Deduct-
ing this sum, the bank note aggregate will be reduced to
$318,366,493, which are secured by^ the bonds described
in the Comptroller's table, which is as follows :
March 11, 1876.] THE CHRONICLE 244-
BOirSS DKPOSITSD TO (ECCBI KOTBS 0» KATIOHAt BARKB, IflllOII I, 18*6.
Value in Value («
VenomtnattoM. nr. Currenoi/. Coin.
IKls, 6 por cent Interest, coin $S0,013,40O t9e,41B,482 896.141,341
(Quotation In N. Y. market Mch. 1, 1^.)
»-Wiof 1864, 6 per cent Interest, coin.... aB,100 !30,8S« 208,100
(QnoUtion in N. Y. marliet Mch. 1, UiH)8-30« of 1865, let scries, 6 p. c. int, coin. . 7,017,700 8,286,382 7,««6,802
(QuoUt'ou in N. Y. market Mcli. 1, mn.)fr-jOd of 1865, 2d scries. Op. c. int., coin.. 6,171,650 6,1T3,657 5,403,639
(QnoUtion in N. Y. marlcet Hch. 1, 119K.)
:^-a08»f 1865, W«orie8,6p. cint., coiu.. ».753.500 11,860,002 10,372,431
(Quotation in N. Y. marltet Mcli. 1, 121X.)
6-lOsof 1865, 4tliscrieB:6p. c. lnt.,coin.. 2,650,000 8,i80,541 J,871,.370
(Quotation in N. Y. market Mcli. 1, l«3?i.)
10~40e, 5 p. c. interest, C'jiu . 96,210,000 113,936.819 99,725,006
(Quotation in N. Y. market Mch. 1,118K-)Funded 1S8IS, 5 p. c. int. coin 113,488,900
(Quotation in N. Y. market Mch. 1, US^,)Paclflc RK. bonds, 6 p, c. int., currency. .
.
(Quotation in N. Y. market Mcli. 1, 127X.)
12,114,000
113,936.819
170,893,069
15,39»,9J3
149,140,542
13,479,144
Totals $356,680, 160 $427,917,2-M $374,570,875
From these figures it will be seen that the present
market value of the bonds greatly exceeds the value of
the circulation to be secured. The excess is estimated
by the Comptroller at $56,201,382 in gold value, and at
$109,580,731 in currency value. Moreover, in the state-
ment of the banks for December 17, 1875, the item of
premiums paid is set down at no more than $9,442,801,
so that the resources of the National banks, at a gold
valuation, b.ised on the present prices of their bonds,
appear to be 46 millions more than is reported in the
statement of December 17 last. This statement compares
as follows with j'revious returns :
HATIOHAL BARKS OF TBS UNITXD STATES, DBOKMBEB, 1875.
1873.
December 26
1,976 M/iJo.'
$490,266,611
120,961,267
58,375,169
811,820,256
1,130,585
I,26!l,474
540,510,602
1875. 1874.
Decembern. December 31.
LiabilUies. 2,U86 banks. IfiH banks.
Capital stock paid in $505,485,865 $495,803,481
Surplus fund 133,085,422 130,485,611
Undivided proats 59,204,958 51,477,630
National bank notes outstanding .... 314,913,451 331, 193,159
State bank notes outstanding. 818,723 850,775
Dividinda unpaid 1,363,.397 6,088,845
Individual dcpoBils 018,517,346 682,856,249
U. 8, deposits 6,652,557 7,492,307
U. S disbursing oflicers 4,232,551 3,570,722
Due to National banks .•. .. 119,843,665 129,188,671
Due to State banks and bankers 47,048,174 51,629,602
Notes and bills re-discounted 5,257,161 6,385,053
BiUspayablo 7,056,583 5,398,900
Aggregate liabilitie* $1,823,469,752 $1,902,409,638 $1 ,729,3S0.
Resources.
L cans and discounts $358,071,^37
Overdrafts ... 4.500,371
U. S. bonds to secure circulation 363,618,100
U. S. bonds to secure deposits 13,951.500
U. 8. bonds on hand 16,009,550
Other stocks, bonds and mortgages.
.
31,8o7,«61
Redeeming and reserve agents 81 ,462,682
Due from ether National banks 44,831,891
The subjoined table shows that th^ ))aiiks hold a conKid-
erable excess over the present legal rc<iulremum. In*
stead of 25 per cent reserve, the Kcw York banks liold
28-1 per cent, the San Francisco banks 26"C per cent, and
the other reserve cities 33 -2 per cent. This satisfactory
exhibit is equalled, if not surpassed, by the interior
banks, which are required by law to hold 15 per cent
reserve. Their actual reserve is 32"9 per cent, •r more
than double the proportion required in the law. Sub-
joined is the table
:
LAWFUL MONET RESEBTBH OF THB MATtOlTAL BAHKS ITTII DKC, I«75.
Jfo.of r~TolalJieMrve.—> .— dash 2ietartt.~'^ TvluU'erJlanksof Banks. Rei/ulreil. lleM. Berjulre'l. Held. t'enUige.
( t * » Bui'ii. J/tUt
New York City... 48 44,336.147 49,919,370 43,280,6.53 48,(^63.870 25 28 1
San Francisco.... S 685,613 622,849 292,621 022.849 15. 28«Oth'rres'TO cities. 186 50,941,676 67,748,906 23.738,677 31,895,11,3 25 8.j»
Interior 1,860 44,647,985 97,85t,910 13,278,450 34,.«",885 15 32'8
TotaU 2,086 140,511,451 216,147,065 80,590.606 118,712,723 .. ..,^
It is gratifying to find from these and other statistics,
that the general condition of the National banks is
strong, whatever may be the exceptional state of a few
individual banks. It is hoped that the Comptroller will
employ all the means at his disposal for discovering and
dealing with the causes of evil in the weaker institutions.
The policy of frequent examinations in p.ost years has
been proved of the highest value. During tlie transition
towards specie payments, our banking system will have
to bear a severer strain than has ever yet been put upon
its machinery. When the pressure comes we shall need
all the help which a sound and vigorous banking system
can give us to make resumption easy and safe.
4,705,59:JJ
114,956,666
36,598,076
3,811,487
7,754,1.37
11,895,551
41,583,312
«,2ie,455
9,442,801
11,238,721
67,886,967
17,166,190
2,901,0:3
17,070,906
70,785,077
31,005,000
15,971,657
$950,898,978
4,963,602
382,976,200
14,714,000
15,2SO,.30O
28,313,473
80,488,831
48,100,842
11,655,573
39,190,653
5,510,566
8,626,112
14,005,517
112,995,317
22,.508,0S6
24,300
3,392,668
22,436,761
82,751,791
33,523,000
16,935,063
4.108,020
3,287,454
26,907,037
108,719,606
24,010,000
Due from State banks and bankera .
Real estate, furniture and fixtures.. .
.
Cnrrest expenses
Premiums paid
Checks and other cash itema
Exchanges for Clearing HouseBills of other National banksBills of state banksFractional currency
Specie on handLegal tender notes
U.S. certificates for legal tender notesFive per cent Redemption FundDuo from U. 8. Treasurer other than
5 Pv'r cent Redemption Kund 3,230,600
Aggregate resources ....$1,823,469,752 $1,909,409,638 $1,729,380,303
We have corrected this table from the latest returns
prepared by the Comptroller, and it shows now, we be-
lieve, the accurate figures indicating the bank movementduring the last three years.
A still more important question touches the adequacyof the reserves of the banks. The public interest in this
question has always been very great, and since the recent
legislation relieving the banks from the obligation of
holding a cash reserve against their circulation the sub-
ject has attracted a larger share of attention than usual.
now SHALL WE STOP IT ?
The sad disclosures of fraud and bribery made public
during the past ten days have alarmed the Nation. Amember of the Cabinet, high in the esteem of those that
knew him best, has miserably f.illen. The details we do
7,680,375 , not propose to repeat, for all know them too well. But
while mourning over the .shame that has eome upon us,
may we not turn our mourning to best account if we can
only be incited to cnre some of the evils which are its
cause ? A diseased tree may have its life prolonged by
cutting off the infected branches; so wc, by exposing
and removing the delinquents, may purify the atmosphere
somewhat ; but if there is a worm at the root, there is the
spot for the pruner's knife.
As we look at it the story is no new one ; wc have
tried to enforce its moral time and again. The results of
the evil are seen not alone in the W.ar Department but
they are cropping out everywhere. The disease is
national. One tells us it must be charged to the prevail-
ing extravagance, first official and then private, and to
the necessities which arc fostered by extravagance. But
these are simply results of causes back of them. Another
charges it to the low state of morals among ns. Sn»e
enough this is so, but whence came this moral dry rot ?
Still another tells us that it is our civil-service system
which has been defective. This, too, is true, and yet
these are diseased branches of a tree that is dying at the
root.
Notice also how widely the evils complained of pre-
vail. They are not in Wiishington alone, or in ohe or
two States ; but they run through the whole systeifi.
Only think what a world of fraud and baseness,
thoroughly organized, the whiskey prosecutions have
uncovered ; and still the indications are that the probing
has been as yet only surface deep. Go back further, and
recall the moiety frauds; or take the more recent instance
of the Indian Bureau. The s,ame features are common
to them all. And even in the War Department case, the
$856,816,555
389,334,400
14,815,200
8,630,830
24,.353.125
73,032,046
40,404,757
11,185,253
35,666,746
8,678,170
7,987,707
12,321,972
62,881,342
21,403,179
U4: THE CHRONIOU^. [March 11, 18^6.
Htatements now aie that the original oharge has become
many, showing apparently a principle running through
the service, that everything in the gift of the (iovern-
ment was for sale. In our own State (not to speak of
the corruption in this city), we have had a separate little
ring fatting on our canal system until Governor Tilden
shook them off; while every Southern State has been
really the pasture ground of political cormorants. But
we forbear to multiply illustrations. The truth is that
the very atmosphere has become impure, through the
wide-spread unfaithfulness developed.
From all this we become conscious of one fact: that is,
an assumption on the part of officials everywhere that
governments were made for the subsistence and enriching
of the officers. Hence, when these men had fastened on
any vital part, like a leech they engorged themselves
regardless of everything except the capacity of their own
stomachs, considering all they could get, by fair or foul
means, " perquisites" of the office. Nor has this idea of
the nature of government been restricted to the ruling
class. During the war, almost as a natural consequence,
the central head of the Nation grew stronger; assumed
new powers; became the dispenser of all kinds of favors,
giving out contracts and offices without number, until
the entire country grew into the belief that not officers
alone but everyone had the right to draw all it could
out of the Government. And thence, through contracts
or through official positions or through legislation, a large
majority of the people became in one way or .another
Government beneficiaries. It would be a marvel, if the
congressional acts of the past ten years could be analyzed^
to show how considerable a portion of the Nation has
thus attempted to be lifted upon its feet and then kept
there, not by simple honest industry but by some of the
thousand legislative expedients known to the initiated.
But while the Government has thus been working into
this false position, it has also encouraged speculation
and discouraged honest labor through a currency per-
petually fluctuating in value. It is scarcely necessary to
say that the uncertainty produced from this cause is a
constant drag upon every real industry, and a constant
stimulant to every demoralizing influence. Extravagance
and low morals are the natural product of such surround
ings. This requires no proof^—we all admit it. While
then we are hitent on exposing and punishing the guilty
(for this of course should be pursued relentlessly), let us
not forget to strike at these nurseries of evil.
First, and above all, give us an honest, stable currency;
80 that wealth may be once more a reward to the pro-
ducer and not the speculator. It is the spirit of industry
that we need to revive and cultivate. Everything of
late years has discouraged the slow, plodding mode of
olden times. To acquire riches fast and spend them
equally fast are the necessary characteristics of this age
of greenbacks. Faithfulness, honesty and integrity can
never grow out of such conditions.
And in the second place let us simplify our
government; diminish largely the number of offices
by taking away many of the duties now performed;
and discourage the idea, which at present appears
to prevail, that every man or congressional dis
trict has a right, either directly or indirectly, to an
appropriation out of the Tieasury. It may, in imagina-
tion, be very agreeable to have a half-dozen commis-
sioners at four thousand dollars a year to hunt up the
genealogy of the potato bug ; to have a bureau to supply
us with our pumpkin seeds and an annual volume for
our library; to get a bulletin every day telling us
whether it is going to raJn, so that we may know when
to carry our umbrella and overshaes; to have office*
created for all our sons and daughters as they reach
puberty ; to have our interests looked after or protected.
in some way, so that we may gain what honest, personal
effort would never bring us; all these, and a thousand
other services we might mention, may appear to manyminds desirable, but they are the things that are educat-
ing our people up to the idea that the Government is not
for protection, but simply for the purpose of furnishing
everything we need, and that it is honest for each citizen>
city or village to draw out of the Treasury as many dol-
lars as possible. This evil, in the interest of a pure
administration, needs instant correction. The Nation
should be at once disabused of the idea that the Eagle's
wings are for us all to cuddle under.
Finally, official faithlessness seems to be almost a
necessity of the expensiveness of obtaining, and retaining,
office. A party's success now, depends upon the size of
its election fund ; and when any election is in prospect,
office-seekers must respond largely, and office-holders are
assessed and made to pay a percentum of their salaries
into this corruption treasury. The result is that when
an office has been obtained, these outgoes have to be
made good in some way, so that official " perquisites "
become a necessity. Would it not be well, in addition
to enforcing strictly the provisions now existing against
bribei-y, to pass a law that any officer who receives or pays
any such assessment, shall be guilty of a misdemeaijor ?
This would be stringent ; but the system of assessing for
election purposes those Avho occupy positions under the
Government is, perhaps, fruitful of more evil than any
other practice. Of course salaries must be just so much
larger to admit of it and in that case it is a direct
contribution from the Government ; or if not large
enough to admit of it, the official must make the
assessment good in some way. As an illustration, we find
in these whiskey developments the fraud practiced was
justified by one participant because the money was
appropriated to an election ! If we wish to be rid of
official corruption, we must remove the causes that are
producing it.
RAILROAD EARNINGS IN FEBRUARY, AND FROM JANUARY 1
TO MARCH 1.
Railroad earnings in the month of February were exceptionally
good as compared with the corresponding month of 18T5. The
increase on most of the Western roads is of large amount, and
taken altogether, the reports received make the most favorable
showing tiiat we have had in many months. The reports from
all companies furnishing definite returns are given in the tables
below, and in addition to these the earnings of Chicago & North
western are stated on authority to show an increase of $183,000
for the month, and Rock Island an increase of $40,000.
As to the progress of business it appears from many of the
reports that the largest improvement was shown in the fourth
week of the month, when the increase f s compared with the game
week of 1875 was quite remarkable. This wag partly accounted
for by the fact that there were 29 days In February this year, and
the earnings of the additional day were thrown into the reports
of the last week. On the following roads the returns for the
fourth week of the month compare thus with 1875
:
FOURTH TVKBK IN yEBRUABT.1876. 1875. 1
Canada Southern $30,r99 J6,890
Cbicago Milwaakee & Bt Paul 154,000 51,700
Michigan Central 168,518 99,944
Missouri Kansas * Texas 76,568 55,489
Ohio & Mississippi 61,147 35.350
St Louis Iron MouBUin & Southern 66,500 36,79s
St. Louis Kansas City & Northern 60,630 39,816
There was undoubtedly a large movement in February in the
important articles of corn, wheat and cotton. It is hardly neces-
sary to refer in detail to the large receipts of cotton, including a
heavy overland movement, but as to corn and wheat the following
figures showing the total receipts at Chicago, Milwaukee, Toledo
Detroit, Cleveland, St. Louis and Peoria, in each of the last four
weeks, are of much Interest
:
March 11, 1876.] /fflE tSHRONICLfe ii45
Week ending— 1876.Mircb4 bnali. SS5,987J'ebruU7 U 685,«10
1» 614,34018.. 6!M,823
Wheat. ,
1875.
633.6986S8.66S436,80444»,»i8
. Corn.— >
1876. 1875.1,IHW,881 754,856l,49i>.«6« tiSS,tM61,037,9?S 504,8511,251,40» 587,734
'Total four week a »,799,9BO «,0«8,513 5,419,4«i 8,778,784'These tigurea are siguificsnt, particularlj as to the corn trani-
:port«tioii, and they seem to imlicate that the earniuga In the fint^week in March will be fully maintained.
It will bu observed in the table below that several roade have•been obtained for February which have not heretofore been fur-inishing tbeir returns, and it is to be hoped that the growingraeutiment in favor of more information about railroadn will result/in inducing every prominent company to furnish reports.
.HAILBeAD XARNINSS IN nBRUAHT.1876. 1875. Increaae.
^Canada S«u(taem .„ $141,161 $41,r01 $99,660Central Paclflc ,,.... I,0t0,000 906,169 93,841(Chicago i Alton »13,0-28 358,319 14,809Chicago Mil. 4 St. Paul 618,000 3M,a7S 194,727<DinciDnatl. Lafayette A Chic*. 98,616 83,900 S.616I&enTer i Rio Grande* S1.8a) 18.473 3,347liaunlbal & St. Joseph 167,184 116,i8a 40.B98Wlinola Central 608,136 4 1,681 128,441
1 'idianap. Bloom. * Weat 143,649 96.894 46.8;5I. »U *Gt Northern 118.650 113,500 8,130K UkiiaPaclflc 806,509 20«,!5«5 9,984Ml miaan Central 548,669 441,(^23 107.046Mo. iCinaaa & Teiae 354,723 201,540 50,lf3Ohio Jit MIealaaippi 393,089 348,1!)0 44,859St. L. rJU-ion cfcT.H. (branchea) 38,688 55,737
St. U >»M. Iron Mt. <fe Sonth... 312,500 281.913 .30,588
St. L. Eaiw. City & Northern.. 284,389 196,155 88,134St. Loi U.*jJ; beuth Eastern*... 61,201 65,440 ... .
Toledo, ftwiria * Warsaw 112,««) 61,809 50,481Uuioa 1 'at«£< t 688.000 620,307 7,693
Total $5,830,963 $4,8*6,034 $1,013,206Netincr.iaau 994,938
aa osa lABNiHoa rsoii jan>art 1 to vebbuaby 39.
Oecreaa*.$
17,039
1,889
$18,878
1876.
Canada Soutbet n $364,908Cealral Puciflc 1.961,000
Cblcag* A A lt<n t 648,635
Cblcua Milwamt :ee & St. P. .
.
1,046,000
Cln. Calayelte 4 Chicago*.. SO,773Denver & Kle Or ande* 55,883Hannibal & St. J oaeph •300,l,')3
minolB Central 1,196,573
Indianap. Blooto. Jk West 376,085International &. Ot. North'n. 360,006KansaaPacidc 413,548MIcbiMn CeutTif 1,067,336
Mo. Kanaas jfc muas 511,183
Ohio & Mi8.-i«i<i»i)i 608.814
3t.L.,Alton & T.H.(branchea; 78,001
St. LoalB, Iroa Jit.&Southern 664,700
St. LoulaKan. City&Nnr-.b'u 530,834
St. Loaia & S. Enstcm* 145,041
Toledo Peoria & Warsaw 211,448
Union Paciflct 1,321,000
Total .. Jll,530.»63
Net increase
1875.$:38,9891,870,097643,147789,37456,6953P,837
910,8181,073,719218,36«8.35,075
371,85894J,5»5403,639499,576112.9285;)J,701
404.343149,976133,346
1,1M,237
Increaae.$13.\91S
90,903478
356.6364,07716,545
89,334133,86163,669»l,931
41,690134,711108,543lOD.SS?
Oecreaa*.$
131,999136,581
78;*0225,763
34,027
4,933
$10,009,089 $1,551,0841,511.2*4
$39 860
•Three weeks only of P'< hruary In each year.
t The ai proximate earnings of tbia year are here compared with the actualreceipts of last year.
The follewing companiee bare recently reported tbeir earnings for January:eitoas BARNINOS n? JANUARY.
1876. 1875.
$304,683 $3*3,8.57
239,284 196,739173,385 149,18038i,lft3 1»5,)>06
80,72 < 67,5046.9,18: 33,880
1,088,410 $865,156
Increaae.$82,43682,50534,20335,58713,23436,:J07
Decrease.Houaton A Texas Central . .
Mobile &ObioNaahvtlle. Chalt. A St. Loaia.Philadelphia & ErieHome Watertown & Ogdenab.SU P. * S. C. & S. C. £ SU P.
ToUl $1,088,410 $865,156 $32.3,254Netlncreaae 223,364The operating expenses ef the Missouri Kansas & Texas Kallroad, during
the month of January, were $13 r,433, leaving $139,036 aa the net aaruings.The earnings and expenaea of the Houston & Texaa Central Kailroad, for
I the month of January, are shown in the auhjuined statement:1876. 1876.
liilroBS earnings $304,682 78 $223,356 (9'Operating expenses 178,lb7 ,'>1 166,984 8;
Netearnlngs $1*6,495 27 $55,973 03Netgain 71,233 35
Xarningaand expenses of the Nashville Cbsttanooga & St. Louis RailroadCompany, during January, were as follows
:
„ ,1876. 1875.
Haeslpts ....$173,886 $149,180««P«nsea 10O,08« 115,'i54
Nat earnings $78,399 $38,2*6Xaraings and eipenaea ef the Phliadelphta & Brie Railroad, far Januarv.are
reported below
:
1876. 1815.Qroas earnings $331,193 $195,606Expensea 150,841 161,818
Net earnings $80,363 $43,783Theexpensea of the Mobile & Ohio Railroad for January are reported at
$128,191 90. Dedacting thla amouit from the groaa earnings, we find $101,04*as tb« net earnings.
—In regard to a statement in last week's CHnONlCLR, takenfrom a daily journal, respecting California and Oregon b^nds,there was an inaccuracv in speaking of the connection ofCharles E. Farnham with' the firm of Kollins Bros. & Co., of 31Wall street. Mestrs. Rollins Bros, inform us that Mr. Farnbamliad no connection whatever with the house, nor are they advisedthat Mr. Kollins obtained any loan on the bonds mentioned.—The Dubuque and Sioux City Railroad Company has declared
« dividend of three per cent., payable at the office of Messrs.M. K. Jesup, Paton & Co., on and after April 15 next. Transferbooks close on April 1 and re-open April 17.
—The Anglo-Californian Baak, represented here by Messrs.J- * W. Seligman & Co., have declared a half-yearly dividend atlh« rat* of 10 per cent, per annum.
Cate0t fllonetarD anb (Sommercial (fngltfl) IS ton
RAri{« OP B^OHANUB AT LOIfDON. AND ON LONDOItAT LATB«T DATBS.
KXOHANGB AT LONDON—FSBBUAHT 88.
AmaterdamAntwerpHamburg...ParisParisViennaBerlinPrankfort
.
St. PetersburgCadizLisbon. ...
MilanGtonoaNanles....MadridNew York
.
Rio de JaneiroBahiaBuenos Ayres..ValparaiaoPernambnco .
.
Montevideo...BombayCalcutUHong Kong...ShanghaiPenangSingapore . . .
Alexandria
short.8 months.
short.S month*.
90 days.8 months.
60 days.
KXCBANGX dS LONOdM:
LATISTDATC.
«7.72>ia»7.-i7)<«7.7*>i©27.77 >4
97.72^4a27.TIX47M<a47X
Is. 8H<f.®K<i.1* Wi(d.
st.n^a.ditAa.
j». Vo'ji'd.
Feb. 18.
Feb. 18.
Feb. 18.
Jan. 93.Jaa. 37.
Jan. 18.
Ja''!.' 37Jaa. 8.
Feb. 17Feb. 14.
Feb. 10.
Feb. 10.
Jan. |3.
Feb. 16.
abort.
Smo*.•hort.
Smo*.short.
Smo*.
Smo*.60 days.90 days.
90 days.
6m*s.
Smo*.
18.oa85.8080.87».1(
lii.ao80.4S80.45Si 8-33
«.TS4.86
86KOWM
48\a48
S». IXd.
U.td.St. una.6>. Hid.
ii'.'id.
IFrom our own correspoadenUI
LoNDONi Wednesday, Feb. 23, 1876.
The money market remains firm in tone, but without muchactivity. The payments on account of the revenue are consider-
able, and the supply of money seeking employment in the dis-
count market is, in consequence, rather limited. In a few days,
however, the Bank of England will be granting loans on the
security of the forthcoming dividends, and an increase in the
supply of floating capital is then expected. There is very littl*
probability of any material improvement in the demand for
money, and the expectation is, therefore, pretty general, that in
the early spring the money market will assume an easy appear-
ance. No doubt there will be some considerable purchases of
gold on account of the Oermau Mint, but in the present inactive
condition of the money market, and with the diminished amountof capital required to carry on our trade, resdltiog from the heavyfall in prices of late year^, the withdrawal of half a million ster-
ling now and then ceases to have any material effect. Thereseems, however, to be every probability that during the next
few years there will be a greater demand for' gold lor coinage
purposes, the heavy and continuing fall in tlus pries of silraf
having induced several other nations to advocate the neeeeaity of
employinjir gold as the single standard of value. A time may,therefore, come when the money market may assume a coaditioii
of considerable firmness, but this is not likely to be the ease until
trade revives, and there is a more general employment for capita].
Trade, just now, remains quiet, and there seems to be bo disposi<
tion to depart from the cautious policy hitherto pursued. Pos-
sibly, however, though profits may be small, business seems to be
conducted on a sound basis, and this is a good sign.
The demand for money during the week has been fair, and the
quotations are aa follows :
Open-market rates
:
Per cent.4 mouths' bank bill* SXO...6 months' bank bill* SjiOiK4 and 6 months' trad* bill*. 4 0<M
Percent.Bank rate 4Open-market rates
:
.30and 60 d ITS' bill* 3\(^...3 months' bills 3X3...
The rates of interest allowed by the Joint-stock banks anddiscount houses for deposits are as follows :
Per cent.Joint-stock banks 3 a...Discount houses at call S 9...Discount houses with 7 days' notice Sua...Discount houaea with 14 days' notice SJitO...
Annexed is a statement showing the present position of the Bankof England, the Bank rate of discount, the price of Consols^
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40's Mule twist fair second quality
and the Bankers' Clearing House return, compared with the
previous four years :
185.5. 1874. 1876. 1876.
£ £ £ £25,178 074 25,876,387 »6,DI».044 88,704,787
13,674,499 7,788,394 6,196,080 7.988,101
18,946,018 18,106,593 18,066,308 19,440,770
13.380,874 18,896,607 13,695,084 13,866.914
83,306,784 17,606,815 18,800,241 19,346.807
1873.Circulation, Including £bank poat bills 84,873,827
Public depoeits 10,419,163Other deposits 19,468,895GtoTerumentaecuritie*. 13,996,441Other securities 19,911,818Ba*erve of notes andcola 14,818,668 16,450,496 13,783,898 10,198.678 lMi8,M7
246 THE CHRONlCLR [Ma:cli 11, 18.6
Coin and bnlllon Ir.' both depailmeDfai....Bank-rateConsolsKnglish wheat. ../Mid. Upland cotton ..
No.40maleyarnrair Mquality
1812.
£»3.795,4n
8 p. c.
65s. 7d.
nS'd.
li. 4d.
1613.
£25.273,593
3>i p. c.
603. 8(1.
9Xd.
la. 3d.
1674.
£22.181,383
3MP-C.95>.'
633. gd.
Sd.
li. Id.
18-:5.
£20.86«,99ii
3)i p. c.
92%42i. Td.
7 ll-16d.
Is. Od.
1816.
£22,801,801
4 p. c,
94X^d.43s. Oi.6 7-16d.
llXd.Clearing Honseretnrii 134,812,000 143,202,000 131.827,000 141,902,000 116,093,000
Tlie Bank return for the week is more favorable, and the pro-
portion of reserve to liabilities is now 42f per cent. The Treasury
balance lia» been increased by £1,371,727, making the total
.17,928,10.'), ngainst £0,198,030 last year. The supply of bullion
held by the ISank also continues to increase, notwithstanding
that tbero is still a moderate export inquiry. Coin, in fact, is
still returning from provincial circulation, and the total stock of
bullion is now £32,801,807, against £20,802,992 in 1875. Thetotal reserve is £11,413,207, against £10,199,872.
The following are the rates of discount at loading cities abroad •
ParisAmsterdamHamburj; ..
BerlinFrankfortViennaand Trieste.....Madrid, Cadiz and Bar-celona
Lisbon and Oporto, .
.
St. Peterabure
Bank Openj
rate, market.|
per cent, per cent.43
'i'
4
3
23i2X25i
3«
Brnsflelsper
Bankrate,
cent.3
B
453
Openmarket
per cent.
Tarin, Florence andi}4
LeipzigGenoa
34>«
GenevaNew York
3
5®6CalcuttaCopenhagen . .
.
Constantinople....... 6
Gold has been in moderate demand for export, and all our im.
portations have been absorbed, in addition to which a few parcel*
have been withdrawn from the Bank. The silver market has
been weak, notwithstanding that no tenders for hills on India
have again been accepted. There appears, just now, to be butlittle demand for the means of remittance to the East, and the
question arises how the government of India will procure fundsto carry on the expenses of government here. A sum of £1,200,-
OOO now remains nnallotted. The proceeds of the sales of these
bills has enabled the Indian government to furnish itself with
the neces.sary supplies, but now that there is very little prospect
of the price rising to a point lucrative or satisfactory to the Indian
government, the opinion seems to be that a loan will have to beresorted to. The supply of silver shows every indication of
increasing. The surplus German coinage, and the increased
quantity being produced from the mines in Nevada, etc., hangheavily on the market, and there is an impression that the
quotations will fall to a still lower point. The quotations for
bullion are now as follows:
SOLD.
Bar Gold per oz. standard.B.« Gold, fine ; per oz. standard.Bar Gold, rcllnable per oz. standard.Simniah Doubloons peroz.South American Doubloons peroz.United Sta*.ee Gold Coin peroz.
d. 8. d.
77 nva77 9^ra7'; iiKiJ74 6 ®Vii 9 @
. (£
d
54^' a54 7-ie<(JI
51% a
BILVSS.
BarSilver, Fine per oz. standard.Bar Silver, con'ng 5 grs. Gold per 07. standard.Mexican Dollars peroz. last price.Spanish Doll.irs (Ciroins) per oz. none here ® ....Kive Franc Pieces peroz ® ..!!
Qnicksilver, £10 lOj. to £11 per bottle. Discount. 3 per cent.
In the Stock Exchange a jjrominent feature has been a demandfor the first mortgage bonds of American railroad companies, in
the value of which a further improvement has taken place. ForUnited States government securities the market has also beenfirm, but in other respects the stock markets have presented adull appearance and the quotations have had a downward ten-
dency. In the value of Egyptian government securities therehavrt been repeated fiuctuations.
TUe Board of Trade have issued this week their report on theseveral railway, tramway, gas and waterworks bills, which areto be investigated during the present session of Parliament.According to this document the number of bills which relate to
railways is 132. The number of bills promoted by existing
railway companies is 90, to construct l.'jS miles of new lines, thecapital proposed to be raised for which is £21,487,36,5, .£10,83.5,07,')
of which is by shares and £.5,152,290 by loan. Of these bills, C9are promoted on account of existing railways in England, 11 in
Scotland, and 10 in Ireland. The number of bills promoted bynew companies is 42, for the construction of 550 miles of railway,
the proposed capital for which is £15,107,329, .£11,345,000 of
which is by shares and £3,824,329 by loan. Of these bills, 35 are
for English lines, three for Scotch, and four for Irish, the total
mileage of the lines promoted by existing and new companiesbeing 705 miles, and the capital proposed to be raised for the
shares and £41,600 by loan. Four of the bills are for tramwaysin England, and one for a line in Ireland. The number of bills
for new gas works and other questions in connection with its
supply is 40, the proposed capital for which is £4,932,973, of
which .€3,531,800 is by shares and £2,401,172 by loan. Of thesebills 37 relate to works in England and one in Ireland. The bills
relating to the supply of water amount to 29, and the capital
proposed to be raised is £4,5.53,000, of which £1,490,800 is byshares and £3,061,200 by loan. The general total of the amountproposed for railways, tramways, gas and water projects is
£40,306,300.
The adjourned debate upon the national purchase of the sharesin the Suez Canal was resumed on Monday night, and the bill
authorizing the payment of the £4,000,000 was agreed to withouta division. The arguments of the opposition were very lame, andno doubt the Liberal party are glad that the question is finally
settled. Some strange statements were made during the debate.
One member stated that the purchase might have been efTected
for £2,000,000. Mr. Lowe labored hard to prove that Messrs
.
Rothschild had received two much, and compared the transaction
with that of the payment of the Alabama claims, the commissionon which was £5,000 less. He also made the extraordinary
statement that the newspaper press supported the purchase,
because it might lead to war, which the newspapers liked becauseit was profitable. Newspaper proprietors could, however, tell avery difierent tale. Mr. Gladstone asked why matters could not
have remained where they were, as there had, so far, been butlittle trouble with the company. At one period, however, andnot very long ago, a serious difficulty arose respecting the
tolls, which led to somewhat protracted negotiations, and it is
naturally to the interest of this country that all suchdifficulties should in future be avoided. Mr. Disraeli
stated that the Government had not mado the purchase
in ignorance of the number of votes the shares would carry, andhe maintained also that the possession of a large interest in the
Canal must give this country considerable influence in its man-agement. He ridiculed the fears of complications. The purchase
had not been recommended as an investment or a commercial
speculation, but as a political act calculated to strengthen the
empire. As such, he observed that it had from the first been
recognized by the people, who were really sick of the talk aboutthe "silver streak." The people of this country, he observed,
want the empire to be maintained, to be strengthened ; they will
not be alarmed even if it bo increased. Because th#y think weare obtaining a great hold and interest in the important position
of Africa—because they perceive that it secures to us a highwayto our Indian empire and our other dependencies, the people of
England have from the first recognized the propriety and wisdomof the step.
I
In spite of the fact that the quantity of wheat afloat has
declined considerably and is now smaller than at any period dur-
ing the current season, the wheat trade has remained in an inactive
state, and where sales have been pressed, lower prices have hadto be submitted to. The supplies of home-grown produce arriving
at market are still below tho.se of last year, and are also muchinferior in quality. Any improvement, either as regards quantity
or quality, is not to be expected during the current season, as
neither is to be obtained. The better qualities of foreign wheat
command, therefore, a steady sale at full prices ; but all inf(rior
qualities of produce are difficult to sell. Although, however, the
quantity of wheat afloat has fallen off so considerably, yet it must
be borne in mind that there are still largo stocks of foreign wheat
in granary, and it is this circumstance chiefly which induces
millers to operate with so much caution. The woiither is also
mild, and as buyers believe in an early reopening of the navi>>a-
tion of ice-bound ports, they perceive no necessity for accumulating
a stock. They naturally believe that as soon as spring has fairly
returned, the supply of wheat afloat will increase, and that the
visible supply will again exceed the probable demand. It may be
observed that the weather for autumn sowing was not propitious,
and that six weeks of dry weather is now very desirable, in order
that spring sowing can be completed under favorable con-
ditions. Neither has thero been much encouragement to the
farmers to produce wheat, and hence there is but little hope of
the coming harvest being an abundaut one. Wo may rest assured,
therefore, that our dependence upon foreign countries for a large
supply of wheat will not be mitigated for some time to come.
The following figures show the imports and exports of cereal
works £30,054,094. The number of bills which relate to tramways I produce into and from the United Kingdom since harvest—viz,
amounts to five,
posed capital for
for the construction of 25 miles, the pro- from September 1 to the close of the week, compared wi
nhich is £166,000, of which £125,000 is by corresponding periods in the three previous years :
th the
March 11, 1876,] THE CHRONICLE/ 247
187B-6.WbMt CWt. !i<J.13a,3t>6
Barley B,31I,J49Okta 4,7iin,8st
PeM a'i7,7Jn
B«aBi l.R«'.i.iira
bidlsnOarn 9,8«l,u4a
Hoar.
VhattBarleyOatsPeaaBaanaIndlao Corn .
Plonr
S,«(5,U37
1874-5.18,70«,0')7
8,252,45ii
4,468,%)%5,7'.)l
1,1 60,7616.5!)7,8ie
3,133,Ct>'J
KXFOBTB.
110.0(14
I4,lil5
iio.aoo12,7Bl4,857
21.09.i
lo.oai
ir>i,4M
I5J,0,')ti
67,461ia,87l1,104
S-1,«07
scuas
1873 4.
aj,401,7IS4,fW0,la«4,5!K),6I8
4Sli,12l
9,M5.!»'J;.6'14,l«l
1,481,00383,1123
57,2127,fi8«
S,1S1
8».il»S7,2iO
187S-3.a4,ft31,I03
8.S2S,Ki6
4,n20,S«:l
7 17, '278
1,86S,67311.0J«,«1»
3,5«I,913
119,ft')7
5,842vol
4,4ri3
73115,67111,475
Tlio delivories of home-grown wheat are falling off, tho total
in the 150 principal markets for the week ending F«b. 19 heing
44,714 quarters, against 4(i,.'iGl quarters in the previous week, and
69,094 quarters in the corresponding week of last year. It is
eatimated that, in the whole Kingdom, the deliveries amounted to
179,000 (juarters, against 230,400 quarters in 1875. Since harvest,
the sales in the IDOprincipul markets have heen 1,100,C.')3 quarters,
against 1,533,373 quarters; and in the whole Kingdom to 4,043,000
quarters, against 0,093,500 quarters in 1871-75. It is estimated
that the following quantities of produce have now been placed
upon the British markets since harvest
:
1875-6.cwt.
Imports of whestsincfi barvast.... 29.136,386Iinpartsaf Hour since harvest 8,595,637Sales of Kusilish wheat S0,891,740
ToUl 62,323,703
Dednct exports of wheat and Hoar. 130,088
Result 52,203,675Average price of Eii^Ii:*h wheat for
the season 469. 5d.
1874 5.
cwt.18,70i,n9?
3,72.3,669
27,420,700
49,8id,466
188,073
49,658,393
45s. 6d.
1573-1. 1873-3.cwt. cwt.
22.4.14,713 24,881,1633,3a912 3.567.913
24,361,700 24,243,700
50,893,355
1,571,252
49,322,103
62s. 2d.
52,695,776
130,532
52,565,244
57s. Id.
Basliata niarlcet Beporta—Per Cable.
The daily closing quotations in the markets of London and Liver,
pool for the past week have been reported by cable, as shown in
the following summary
:
London Money and Stock Market.—The bullion in the Bankhas increased £204,000 during the week.
Sat Mon. Tnes. Wed. Thnr. Prl.ConBola for money 94 1-16 911-16 94 1-16 911-16 94 1-16 94 1-16
" account 94 5-16 94 5-16 94 5-16 94 5-16 915-16 94 5-160.8. 68 (5-208,) 1865,old.l05 105 105 105 105 105
1867 107« 107>i 107« 107,'i 107,V 107?^D. 8.10-40S 106"< 106 108 106 105« 106Now 5e 106X 106 100),' 106 105% lOSJi
Tl? a quotations for Dnited States new fives at Frankfort were :
U.S.newflves 101« 101 101;i lOlJi lOlX lOlJi
Liverpool OoUon JfarAsi.—See special report of cotton,
Liverpool Breadatu^a Market.—Hon.Sat.
s. d. s. d.Plonr (Western) ^Ibbl S2 22Wheat (Kcd W'n. 8pr).¥ ell 7 10 7 10" (Red Winter).... "98 98" (Cal. White club) " 10 2 10 2
Corn (n.W. ml^.)^ quarter 26 9 26 9Peaa (Can idian) V unarter 38 6 38 6
Liverpool Proviaiona Market.—Sat. Hon.8. d. 8. d.
Beef (meSB) new V tee 91 91Pork (mess) now pbbl... 81 81Bjcan(l.cl. mid.)new1(lcwt 51 6 51L^rd (.\incrican) " 59 6 59 60he88e(Amer'n fine) " 61 61
Toes.8. d.227 10
9 810 2
Wed.d.
TueB.a. d.91
81526061
Wed.
Thar.!b. d.527 109 8
10 226 638 «
Thnr.8. d.
91
81536061
Uterpeol Produce Market.—Sat. Hon. TueB.8. d. B. d. 8. d.
Roain (common)... ycwt.. 4 6 4 6 4 9" (pale) " 16 16 16
Petroleudi(rofined) ip ga! 11 11 11(spiilts) " 8)f 8,4- 8V4
Tallow(.\merlc»n)...» cwt. 43 43 43CloversewKAm.red).. '• 60 60 COSpirits turpentine " 23 6 24 6 34 6
Wed.a. d.4 9
1611
8V436024 6
Tbnr.'b. d.4 916
11
»'/t
43 66024 6
Pri.B. d.327 109 810 236 338 6
Frl.8. d.918153CO61
Frl.8. d.
4 916
11
8X42 66024 6
London Produce and Oil Marketa.—Sat. Mon. Tnes.
S, B. d. £ 8. d. £ 8. d.Un8'dc'ltc(obl).1>tn.lO 15 10 10 10 10Un8eed(Calc«tta) 40 46 4o8ii)far(No.l3D'ch8td)onepot.^cwt 218 21 6 31.0
Snormoil T8tnn..95 93 95Whale oil " . 34 34 34Unseed oil....1? cwt. 23 3 23 3 33 3
Wed.£ 8. d.10 10
46
Thnr.£ 8. d.10 10
46
Frl.£ «. d.
10 10
46
319.->
3433
819534
33
« 31
3534
33
(SJoiumcucial mii iHieccUamous N«u)0.
iHPORTj AND Exports for thk Wrbk.—The imports thisweekl show an increase in botli dry goods and general mer-cliandise. Tlie total imports amount to $0,000,054 this week,against ^5,078,878 last week, and |9,018,313 the previous week.The exports amount to 15,230,840 this week, against j;4,498,987 lastweek and $4,051,335 tlie previous week. Tlie exports of cottonthe past week were 4,018 bales, against 15,085 bales last week.The tollowingarethe imports at New York for week ending (fordry goods) Mch. 3, and for the week ending (for general mer-chandise) March 3
vomaa iMMBn a« nw roac mb *n wm.1873. 1874. 1«».
DryKOOde »4.0.3.3,5I4 |3,384.«Sr |8,7M,61»General merchandise... 5,371,379 6,t68,MI 7 06(l,81t
Total for the week..PreviouBly reported....
tA.404,89373,070,728
tP,«43,54.)
62,042.909110,819,8586B,0(.«,O47
xtnt.
M.773.0M3.Ma,«10
U.6S9.tM53,7M,B33
Since Jan. I {82.175,611 110,686 453 166.819,905 t60,46l,5t7la oar report of the dry good* trade will be found tlie imponiof
dry goods for one week later.
The following is astatement of the eiports(exc1aiive of tpecii-)from the port of New York to loreiffn porti.for the week endinaMarch 7
:
ZFOBTS TOOK H»W TOKK rOB TBI WBBB.1873. 1874. 187S.
Per the week |;6.3!i8.3li t.5,.l3.s.l6t J5.34*.0flOPcevlooBly reported 41,i99.97r) 47,41*,.349 3;i,361,.%'l6
187,1.
|6,2«J,H1042,148,919
Since Jan. 1 140,698,389 t.52,730,510 |41,«0.»,3!6 147,375,759The tollowing will show the exports of specie from the port of
New York for the week ending March 4, 1870, and since thebeginning of the year, with a comparison for the correspondingdate in nrevloas vears:Feb. 29-Slr. City of Mexico... Havana Spanish pold $378,477
A merican gold 50,000Mch. 1—Sir. Russia ..Liven>aol Silver bars 8,800Mch. 2—Sir. Siicvia Ilambur^ Sliver bars 42,377
London Silver bars Ill*,MiPlymouth American gold coin. .. 850,000Paris American Kold coin .. 90,000
Gold bars 81,580Mch. 2—Str. City of Vera Crnz.Havana American gold 315.000Mch. 4—Str. Lafayette Havre American gold lOO.onOMch. 4—Sir. Republic Liverpool Silver bar« ea.noo
Mexican silver 10,000
Total for the week $1,431,416Previously reported $6,389,885
Total since January 1, 1876 $7,781,381Same time in— I Same time In—
1875 $14,155,802 | 1870 $5,946,7801874 5.984,48!
I18*9 6,954,304
1873 s I!,067,862|l868. , 13.195,3061872 ; 3,207,119 11867 5,746,1171871 9,86^3,920 1 1866 4,957,83$The imports of specie at this port during the past week lia7e'~
bren as follows :
Feb. 23—Str. Colon Aapinwall Silver coin $8,Hi«Gold coin 3,083
Mch. 3—Str. Tybee ..St. Domingo... Silver coin 3,316Qoldcoln 8,865
Total for the week $11,482Prevlonely reported 575,969
Total since Jan. 1, 1876 $587,401Same time In
—
I Same time In—IS75 12.481,692 1 1870... $.3,496,7951874. 1,018,612 11869 2,236.3771873 3.58,013
I1368 1,103,8.37
1873 278,524 11867..... 879 0931871 3,710,9731
Panama Railroad.—In the suit of Aaron Freeman against thePanama Railroad Company, the Supreme Court, General Term,reverses Judge Donohue's dd^ision in the Court below. Theplaintiff, as a stockholder of the company, sued to prevent therailroad company from running steamship lines on the groundthat no such power was given in its charter, and Judge Donohuegranted the injunction asked for. Judge Davis gives the opinion ofthe (Jeneral Term, reversing Judge Donohue's order, and holdsthat the act incorporating the defendant company would havebeen constitutional if, in express words, it had said that the cor-
poration was incorporated ' for the purpose of constructing andmaintaining a railroad, &c., &c., and of purchasingand navigatingsuck steam and sailing vessels from the several termini of saidrailroad to and from the cities of New York and San Francisco asmay be proper and convenient to be used in connection witli suchrailroad." This leaves only the question whether the actualwords of the act empowering the company " to purchase andnavigate such steam and sailing ves.sels as may be proper to beused in connection with said railroad " include a power to ransteamship lines, and Judge Davis concludes that in view of tbogeographical position of the road, and the possibility of the dis-
continuance of the Pacific Mail and other steamship lines to the \',
Isthmus, such power was intended to be granted. Judge Bradyl •
in an independent opinion, comes to the same conclusion.
Peklii Liucoln & Decatur.—Under the decree of foreclosurerecently granted, John A. Jones, Master in Chancery, will sell
this road at public auction in Springfield, III., April 21. The saleincludes the entire road, 68 miles, and all the property of thecompany. Under the terms of the decree, bondholders who havedeposited their bonds are allowed to bid for the property.
—Messrs. Butterick, Goddard & ElUman is the style of a newfirm in the banking business at No. 3 Nassau street. The gen- —tlemen who compose it are well known in financial circles from •
their previous connection with prominent banks and bankinghouses in this city. They propose to act both as bankers andbrokers in the purchase and sale of securities, and the making ofcollections, receiving deposits and remittances, and will pay inter-est on daily balances. '.'''
—We call attention to the card, in today's issue of theChronicle, of Messrs. A. H. Brown & C3o., No. 23 Nassau str<»et
Their house is well known, of some years' standing, and theirspecialties are given in the card published. The business ofcountry banks receives particular attention at their hand.s, and weunderstand that their correspondents in this lino are numerous. "-
—Attention Is directed to the banking card of Messris.
'
Richardson, Hill & Co., of 40 Water Street, Boston. The firmdoes a general banking business, dealing in commercial paperand Investment securities, receiving deposits, advancing moneyon collaterals, and making culleotions,
248 THE (CHRONICLET
fxMaich 11, 1876
<ftl)c Baiikcrg' ®autic.No n»tioii«l b»nk» orgmnized during the pant week.
IVIDBNDi*.Tk» foUowing DlTldenda hare recently oetu auDoaucwl
:
COVPAMT. !*«»i Wher
Ittooxa Ci/oaio
C«m. P'a»u. (Daya iLclualve.)
Chicago Burlington & QaincyDabuque* aioux City .;"Nasquehonin^ ValleyN. Y. Central & Hudson River {Quar.')',,.'.New Yorlt & Harlem, pref. and com...Northern CentralPhila. Geriuantown * Norristown (qnar.)!
iniacellaiipoiiaNew York & Allegheny Oil
Mch. 15April 15 Apr. 8 to Apr. 16Mch. ,3| ....April 15 Apr. 16 to Apr. 19April 1 Mch. 21 to Apr. 2April 1,
Sich. S
April iniMch. 7 to Apr. 9
FKIDAT. niABCH 10. 1876-6 P. M.Tlae nioDer Market and Financial SUuaUon.—Money is
very easy on call and on commercial paper, with pretty sliarp dis-crimination aa to collaterals and names
; government bondshave been influenced by the recent large sales of five twenties inLondon for importation here; railroad bonds are generallystrong
;in speculative stocks, Pacific Mail and Western Union
1 elegraph have touched the lowest figures reached since 1873while some other stocks are stronger on largely increased earn'ings of the companies
; gold and exchange are firmIn the money market there is a great abundance pressed for
use on call at low rates of interest, but the notable feature oftransactions at the present time is the very decided preferencegiven to government bonds as collaterals
; and even at a smallmargin between the amount loaned and the current price of thebonds large amounts of money iire offered at the lowest ratesquotable—say 2i per cent. On miscellaneous collaterals therange is 3i to 4 per cent., according to standing of the borrowerFor commercial paper there is a good demand for strictly primegrades at 4+ to 5^ per cent., but purcliasers show more than or-dinary disposition to examine names very closely. The followine-are the rates of exchange on New York to-day at the citiesnamed :
'
Charleston unchanged; Cincinnati steady, par to .50c pre-mium
;New Orleans commercial, 1-ia discount and par bank
*?r*'S.u"'" ' ^^^'^eo. 50c. discount, and St. Louis, par '
On Thursday, the Bank of England showed a gain of £364 000the discount rate remaining unchanged at 4 per cent. The Bank'of France gained 27,708 000 francs in specie. The Imperial Bankof Germany gained 417,000 marksThe weekly statement of the New York City Clearing-House
Banks, issued March 4, showed a decrease of $594,750 inthe excess above their 25 per cent legal reserve, the whole of suchexcess being |13,040,200. against $13,034,950, the previous week.The following table shows the changes from the previous weekand a comoarison witu 1875 and 1874:
V.8. 6a, K-ao'i, 1866, old .
0.S.6a, 5-10'a,18<7.O.S.Sa, 10-40'BVewSa
ITeb.
Si.Mch.
106X108XI06X106V
!08
107X106Ji
Mch.10.
105
my,106ios«
.—Range aince Jan, 1, '76.-1^Loweet. Higheat.
106«Feb. 11
109)i Feb. 1
108V Feb. 19106V Feb. 16
104V Jan.. 3
107V Jan.. 3lOSXFeb. SatWV Jan.. 13
„.**f*.'"'"* Railroad Bond*.-In Southern State bonds the
Virginias, Tennessees, and South Carolinas have been weakwhile Louisiana consols are rather stronger. As to the funding'of Levee bonds and North Louisiana and Texas Railroad bondsby the Funding Board in New Orleans, it appears that there areatiU some questions of law pending, and the Board will do noth-ing before the loth inst., when they meet again.
Railroad bonds have, aa a general rule, been strong. ToledoWabash & Westora bonds were among the most conspicuous,a»d advanced largely on the decision of the Indiana Courtsconcurring in the decree of foreclosure rendered in Ohio andIllinois; to day the prices fell back l(ffi2 per cent. The Pacific andwestern railroad bonds are very firmly held in view of the pros-perous outlook for those roads. The Stock Exchange (,'ommitteehas admitted to the list the 6 per cent. • old bonds of the SouthernPacific Railroad in California, series A, of which the issue is$15,000,000
;also, the $500,000 mortgage bonds of the Maripo.sa
Land and Mining Company.The following securities were sold at auction by A. H Muller
& Son
:
Sharee.55 Park Bank 1915
20 ^tna Insurance Ca 9550 Ninth National Bank . 79VSOBank of M< tropolia 95V20 Amity Insurance Co 8150 American laaurance Co 1.14
25 German-.^mericau Bank 7%80Ridgewo«d lasnranceCs IIOV20 Paclflc Fire Insurance Co... .25618 Howard Insurance Co . 12.3
1 Metropolitaa Oas of B'klyn.. . 7)5 Rome Insurance Co ins
60 Corn Exchange Bank.. 1S3V®13450 American Bzchange Bank . 1I4V50 Bank of Republic 83 .
Closing prices of leading State and Railroad Bonds, and Uierange since Jan. 1. have been as follows:
Feb. Mar. Mar.
M
Shares.100 Irving Bank 131100 Merchants' Bank 118v@11964 Shoe & Leather Bank 14620 Globe Insurance Co [.'..Hev6 Marine Bank li'lV10 Pacific National Bank..!!!! "18I50 Gallatin National Bank liia40 Bank (If N. Y. Nat. B. Ass'u 139100 Bank of the Kepublic 8.H
10 City Fire Insurance Co 16920 People's Fire Insurance Co. . . :66?i40 Tradesmen's Fire Ins. Co 17926 Resolute Fire Insurance Co.. 8750 Gt. Western Marine Ina. Co..]18^
—1876.-Mch. 4.
1875.Mck. 6
1874.Mch 7.
XT 1 V. <u.«uo,iwu *<,7Ul,biKj Inc.. 1995 400 J'^ 'liL*! inn oa mA innOtcnlation.... 17.082.COO 16,a32..5O0 Dec. 1S9 SM 22 4!o'l(0 2«9^!«mNetdepoalts.. »24,'i37.400 226.426.400 Inc. 2^9 000 2.30 10 9m l!^?2^'?SWaltenderi. 49.01J.100 46.94».«00 Dec. 2.M7,Z M.'lS ili^m
United State. Bond.—There has been a considerabl4 businesBln governments, the principal feature of the week being thelarge amount of five-twenties bought in London for this mlrketduring all the week up to Thursday. Tliis movement seems tohave been based on the idea that the bill pending in Con/resswould be passed and on the report that Messrs. Rothsc^iUd^had
new bonds. This was visionary, and the latest reports fromWashington indicate the probability that the 4i per ^nt bond™may be discarded altogether, and a 4 per cent bond running 40
Closing prices daily have been as follows:
i.,t „ .. J ^'=^- Mch. Mch.a. .<>•<
Int. period. 4 6 7
JI'JSJ ree..J»n.iJnly..i22j{ 12SV 'laSk-J*-"*};-"-- eonp..Jan.4Jul,..:s8g jj^? iff*is, HO a, 188S reg..MayANoy.« is^ .m* T5i5••,B-»0a.l865 e»up..Ma/ A Not '
8V . ! . s^••,».»o;a.l868,n.l.,reg..Jan. iJni; ,^ llL 119'^
••i»-»s a,1367 reg..J»n. A JnlT •i2l3 *iai? t!>iv•i.S-10'a,lg67....coup .Jan.AJuV 21!^ 12 k Pn!•..».»0'i,188S rer..Jan.*Jny-.ili!.2lS.m*'•B,»-»0'a,18«8 coup .Jan.*jS^?-.md m^ Im••. }0-jo;i re|.
, Mar. & 8^^ llH . ?i^ Ji^L j,;^ .. ,.^ „,
-
!l'J2"*S'..";ii;-""''P-""-*8ept.Ml8|i •19 llr m5 'iisv '\\l^S'SS2:2- M. «B ••9""terry.'llS^ 118^ SV Im 'IiTk iIIkls.f«nd»d,18«l. ..coup... .QnarterlT. 119 ng;? 118? Il?2 •iitv •liii?^£."'««» "e..J.n.*Jai>. mv m^.wS'iMsl •m|.iM^•TkttUtheDrieabld.noiaKwasmadeatitae BoardThe range In pri.ies since Jan. 1, 1876, and the amount of eachelau of bonds outstanding March 1, 1876, were as follows:
>- Since Jan. 1. , .—Amount Mch 1 ,Loweav. Hlfjest.^ R.«K'?t?'-"d Coui,;i:
Mar. Mar. Mar.8. 9. 10.m>4 128H 128Kma 123V 138118V 'llSV 118JiI18V 118V tl8Vi:s U9V 'iwv!19V 'Ugv 119>,'ISlJf 'ISIJi »I21VISIV 121V 121s'123 'iga «ia8!23 »123 IJ3V
.States. 86.Tennessee 68, old *44Ji
do Ss, new *isnNorth Carolina 6s, old *17Virginia 6s, consolidated •75(4
do do 2d series *46Missouri 6s, long bondsDistrict of Columbia 3.658 *7SV4
Railroads.Central of N. J. let cons *111 VCentral Pacific ist, 6s, gold *108^Chic. Burl. & Qulncy cons., 78. *li 8Chic. & Northwest, cp., gold,. 92VChic. M. <fe St. P. cons. s. f. 7s. 89VChic. R. I. & Pac. 1st, 78 '109Erie Ist, 78, extendedLake Sh. & Mich. So. 2d c. cp.Mich. Central, cons. 78 .
Morris & Essex, 1st mortgage.N. Y. Ccn. &Hud. Istcp......Ohio & Miss. cons., sink, fdPitts. Ft. Wayne & Chic. 1st. .
St. Louis & Iron Mt. lat morlfnion Pacific Ist 6s gold
do sinking fund
*42%*4tlV•17>4•75^4
10.
•424113
... •37M10 iV *103
•72V liX
IK'i •IISV108Ji *108V
--Range since Jan. 1,'76-,Lowest.
IHigheat.
42H Jan. 6 48 Jan. 3140X Jan. 4j 46V Jan. 3115 Jan. 4, 18 Mch. 10
76V Jan. 29 76V Jan. 2944 Feb. 1 46V Feb. 26100 Jan. 3 I04« Mch. Bmy, Jan. 2I1 7i)i Feb. 16
109
108V *iU»y,•100 •KO•lOSVi 103V•116 U6y,•122V ia3V98V '•98 ii
*115•99
108V Jan104 Jan107V Janesv Jan. S7914 Jan. 3
107>/, Jan. 3108 Jan. 28
105V96'/.
'I09V 11093,'; 93
1091/,
•110•99
IC5V,•89 101 Jan.•116V 114 Jan.•122V!t30 Jan.
- . •9rfv! 92V Jan.•116,V *116 1114V Jan.•100 •lOlV' 95 Jan
13!ll2VMch. 3111109 Feb. Ig4118 Mch. 1|»
93 Feb. 1890 Feb.110 Jan. 7i109V Mch.
lOSV92
105V '102V Jan-92V i 90 Mch.
105^4 Mch. ia_118 Feb. tol123V Mch. *M99X Feb. 11
.- 118 Mch. «,
4 lOOV Feb. 294 106 Mch. a-
2 97V Feb. 21
•*.15f; r«K..n9V Jan.oa, IMl coup. . IJoji Jan. 10a, »«•, 18«S coop.. nev Jan 3••il»-**'l.l8«B,new,conp..ll7 Jan 4la,5-M'i, 1867 coop. .llSV Jan. 3ea,S-IO'a,1868 coup. .inv Jan. 3l«,ie-40'i reg..ll6V Feb. 6Bt,10r40'l eonp..ll8 Jan. 4ta, funded, ItSl... .coup. .116V Jan. 11(iaOnrrency reg.. 122V Jan. 6
1S3V Feb.1S3V Feb.IISV Feb.I20V Feb.123V Feb.I23V Feb.119V Jan.laiV Feb,119 Feb.
23 $193,51 1,850
33.879,75059.686.10090,204,950
14,690,000141,706,550
f8H,i44,l>0«
110*778,wa142.977.1100
220.417,80022,.783,800
128 Feb! 28i31,39'5!866
«4,6«8,51«
52,850,750281,662,650
* This is the price bid; no safewas made at the Board.
Railroad and IHUceUaneene Stock«,_The stock markethas been variable and prices irregular. The prices of PacificMail and Western Union Telegraph have declined to the lowestfigures made since the panic of 1873, the former under the con-tinuance of the bear movement and the general lack of confi-dence in the company's affairs, and Western Union Telegraph onthe passing of the April dividend and the accompanying state-ment of the President. Whatever the various opinions of thestatement may be, there seems to be little difference as to thewisdom of passing the present dividend ; in summing up thegeneral position of this company, it would appear that its earnings and receipts from rents are suflacient to pay about 6i to 7per cent, on its stock, and leave a considerable surplus for con-tingent expenses and to fight opposition. Lake Shore has shownfrequent and large fluctuations, which have apparently beenoccasioned by the varying influences on the market from thelong and short interests. The Union Pacific annual meeting inBoston was without important results, the main figures of thereport as to earnings and expenses of 1875 being already known.Today Erie advanced to 20i:, at the close, on the report of suc-cessful negotiations with the Del. Lack. & West, and the Del.& Hudson Canal Companies for the laying of a third rail on partof the line, together with the report of a compromise with thebondholders. Apart from the operations in the four leadingstocks above referred to, the most important point of generalinterest was the large increase in railroad earnings, which isshown in detail in the article on a subsequent page. At theclose the tone was strong.
Total sales of the week in leading stocks were as follows :
Mch. 4 ..
«...7...8...9 .
10 .
PacificMall.
.. 53,000
.. 6T,60O
.. 3J,30O. 41.200
.. 17,700
.. 42.800
LakeShore.50,6(061,90.)
51,50031,6J067,50060,100
West'n Chic. * Ohio* St. PaulUnion. N'weat. Erie. Miss. St. Paul, pref.46,00048,00026,00056,00051,50031,300
3, .'500
2,7001,000.WO
1,2002,900
5.41)0
4,1008,500S.-OO3,80063,000
2,9003,60Ca, .300
1,2008, -300
2,500
11,2006,9(10
3,400J, 3004,4004,800
4,0002,6002,.30O
60060O
3.100
Oloiing prices of securities in London have been as follows:
i7k'^°H'-V-?^SS ^*''^ "^S'SOO '1.800 82,500 20,800 32,200 13,000Wljole stock. ..200.000 494.665 337,874 149.930 780,000 200,000 ISs!992 128,744The total number of shares of stock outstanding is given' in
the last line, for the purpose of comparison.
March 11, li76.] THE CHEONICLK. 249
The daily hlj^heat and loirest prices b»ye been aa follows:
Ai.^ Pac.,pref.At. * P»c. Tel.Oentrftl o' N.J.•C., Mil.* St. P.
uo prel..Clilc * sorth.
do prflf.
•C., Rk. l.iP..'Col. Utile. ft 1.0.Del., L.* We>t'•rleaan.ASt. Joi.do. do. pf.
'flarlemIlllnoU Centraltalielihore....Mlchlgnn Cent.«.ir.Ut)U.AU.U.'Ohio *Mtu...iPMlto Mall....Factflc of .Mo..rsnama .'
QololullTerfto pref.
»t.L.,i.jr.*s.Bt. L^K.C.&N.T., Wab. A W..•Union Paclnc.We«t. Un. Tel.AdameBxp ...
ftmerlctn Bx.
.
United StatM..Welle, Fargo..
Saturday,Marci 1.
1«X HH\I1\ I'-'IX
4^*< 4i«™w S0.<
liX *ix«<x «1
llOS, V.OH4V 4K
•iUH il9
•'IH ISX
% lUKS9H
\4-iii 14a K;(«s iWKK% «4»twa SIX
-.Hit lie
sotc aUK•JSk; 2«
Vi\i 18
Dll«
• M\IfflV W3IS mk3% 4(1% »>
ti9H 7(11,-
KK m•lii (KV74 74
;
•87 88
Mondar.March 6.
iiji ia)<•lo; iins<
4« 4S*4
UK BUi<UM tihM «l«
•*yi t•118 118Vi:» I8K18)t I8kM ««ajxi42sU«X IWKsax MX60H MXii5>j:i5«<aix 21
«
20 2VM13
•131
•l-,H
it'
si
»v
uii"24
31
68X »9J<".... 10862!< 63
73X 73X•« 8;x
Tuesday..March 7.
411 4V"l-iX ....106'. 107
42.1< 43K»l g'J?
42X 41Hii4li 61V11U<< MUX
1I8H IISV18 18.><
lBi4 18J«•as a»H•142 144V•lirix iwv63X es6l>« 62M
11.1 S IISH8IX aiH2US 21X
•18;" 13S"•17X ....•22 ....
JiH KSX "i"67 67fiK 69X107 107
«2X «2Swx ^^H«7V 87V
Wednesday . Thoreda* , Prldar
,
March a. March 9.
4X 4VMarch 10.
!9 :» •nx .... •:8H ....106* I07XtO«x I06X 106V VAIt
43 4JH 43k( 43H 41), 4480 80S, 80t< 80H 8l'K fclK
42X 43 43W 4l,j 41)( 41V•«IX .... 64V «514 6^ «,l5110^ llOM4S *S
n'H iisg
llOX lll'V llOX 1:1
'•H <V <X 4V•I17« 1I8X •118 11.
n« 18K 18 1-X i'H anxISH 18X •IflX ... HH HH
•28 ... •28 .... •2J 29X143 143 •.... 144 •.... 144WiH IO)X 10;v 102V 102V Kf.'V
63X «IV 6IH 63X •4X 65H81). «2KUS»2 116
6'V "H ««H er116', 1I6HWi 2IX
116X ll<X20V 21*;
21 2SK 21V ^'A 20X 22X121> 14
•I8.1S ....13)« U
ISS laSH lU ....n« i7« 'HH . . •IJX ....•w .... •.... 2526 26K 2JX 26X a«x 2«H31 3: 31 3; 31 319 3X 3 3)i 3X 3XMX 6lH 68X 70 67V 6.
68X «»X 6:>« it 67V 68X• lOJ linn I07X 105 f^62 62X 63 «1X W 63i.SH WH 74 7IX •78 7B
•8;s .... •S7)« «7H ••-.. IIX
•Thla la the price bid aad Bake t: no laK «aa made at ths Board.
The entire range from Jan. 1, 1875, to this date, was as follows:
,—Jan. 1, 187(1, to *at«.-^Loweet.
1Highest.
:«tUntic<)fc Pacific pref, 4 Jan. 3: 7 Jan 31.AUantlc A Pacific Tel.. 18S, .Mch. 4182 Feb. -24
•Centralof New JerBOT.:03 ,lan. 11|109'.(; Fub. '.I
'Chic, Mil. & St. Paul.. 351i Jan. 6 4(:Ji Feb. 1«do pref eojiJan. S 8I>» Mch. 10 51
' Mch. 1
•Chic* Northwest.... 38X Jan. 7! 453,' Feb. 16 83Ji Oct. !l
do pref MH Jan. 5I 6715 Feb. 1.5 16 Oct. »•Chic, Rock I. & Pac..l04X .fan. b.lUy, Feb. IB lOOX May 28•CoI.,OUlc. & I. C 3J4 Jan. 7 »Jt Jan. J8 3 June 18Del., Lack. <fc Western.lIS Feb. I1:1J0J< Jan. 3 10i)>fJan. SErie lf)>f J.in. 7 49^ Mch. 10 l«i( June SIiHannibal&St.Jo 18 Feb. 23 J2XJ»n. 31 15Ji Oct. 8
do pref. 26 Jan. 11 3.i>» J«n. .11 SOJi Oct. 13•Harlem 130)i Jan. 8 !« Feh. H 127x Jan . 12:lllInoii Central <l7)i Jan. •2l!l02X Mch. 9 88)f Oct. S3LakeShore... 59»^ Feb. S9I OSX -rtn. IT Sl^SepMSMichigan Central 67 Jnn. 7 64 Mch. 10 63 Sept. 27
N. Y. Ccn.&Hiid. R...I04J< Jan. .1 inj< Feb. LlllOO May 28'Ohio & Mlsaiaslppi.... lOX Jan. 7 24J< Feb. I 14X Sept. 23.PacificMall 20 .Mch. 6 SiJi^'an. 17 30J4 Feb. IDPacific of MiBsouri It Jan. 71 16>f Jan. 31 7X Oct. 21 56Panama 127 Jan. 4 1-% J«n. 8 tlOX Jan. 21 172•QalckeilTer 17 Feb. Ul 20X Feb. 2,1 13 May 14 35
do pref 8.3^ Feb. 71 24V Feb. 25! 20 Jnly liii 44M. L., I. M. & South., li Jan. 4 26i/J Mch. 91 13 Oct. SO 27St. L., K.C. ANonh... 82Ji Jan. 7i 33 Feb. 26 19"i Dec. 21Tol., Wabaah & West. 3 Jan. 6i 6>i Jan. 22 8x Dec. 21Union Pacific 65V Feb. 25, 74)^ Jan. W 36 Jan. 18Weetern I'nlonTel.... 67)i .Mch. 9 80X Jan. 31 70V Feb. 17XdamsBxpresa lOl^Jan. 61II2 Feb. 16 98 Jan. S lOtX McAmericau Expresi 57 Jan. 8j 67 Feb. 14 50 JuneSS 65 Jan 16United SUtc.^ BxprcBS. 58 Jan. S6 76V4 Feb. 14 41X Aiie. U f.5 Jan 11WellB, Fargo A Co SOX Jan. 7i 91 Feb. I'VJ 71 Aog. in 9JX Apr. 30
Tlie latest railroad earnings and the totals from .lanaary 1 tolatest dates, are given below. Tlie statement includes tlie grossearnings of all railroads from wbirli returns can be obtained.The columns under the heading " Jan. 1 to laest date " fur-bish the gross earnings from January 1 to and including the|»eriod mentioned in the second column.
, LatesteamSngs reported. , Jan.l to lateet date.
Whole year 1875. ^LoweBt. HlgheBt.
3V Dec. 7 18 Apr. M17),- Oct. 6 29XJan. 16
99)i Oct. S I2') Apr. 27S8X June 12 40V Apr. »
b7V Dec. 2848^ Jan . 462XJan. >liMJi Aug. 199VJan. 14
123 Apr. 27asVMch. f*
30V Mch. 29
87V Mch 27W Apr. 27
106 Apr. 87
80V Jan. JKH <»n. 5
107V May 8
32V Jan. 246^ Apr. 3
Apr. mApr. -26
Jan. 6Jan. 7Jan. S
— Apr. 30
21V Jan. x82V Not. 30MX Aag. 17
"":h.
M
45
BMdi.Atlantic x, Pccific... 3d week of Jan..Canada Southern... Month of Feb.Central Pacific Month of Feb..Chic. .* Allon Month of Feb.Cliic. Mil. A St. P.. 1st week of Mch,Oin.Lafay. A Chic.Kenvcr A Rio G....Hannibal A St. .Jo..
Rous. A Texas C.Illinois Central ...
Indianap. Bl. A W,Int, A Great North,
3d week of Feb.3d week of Fell.Month of Feb..I8t 2 weeks Feb.Month of Feb..Month of Feb..Month of Feb ..
Month of Feb..Mouth of JanMonth of Feb..Month of Feb..Month of Jan...
K.insas Pacific.Marietta A Cln.Michigan Central..Mo. Kansas A Tex.Mobile A OhioOhio & Mississippi*. Month of FebPacific of Missouri . . 3d week of Jan.
.
Phila. A Krie Month of Jan..
.
Home, Water. A Og. Month of Jan,.St.L.Al.AT.H.bchs. Month of Feb..St.L. I. Mt.A South. Month of Feb..St. L K. C, A N.,.. Month of Feb..St. I,. A Southeast... Xd week of Feb.8t. Paul AS. City, Ac. Month of Jan.Tt)l. PeoiiaAVVarsHW Month of Feb...Union Pacific Month of Feb..
1876.Si4.9l2141,161
1,000,000343,0281.39,000
9,2«8,003
157,184l-2«.7<»
608,1-26
142,649118,6
805,609lfi7,256
54R,>i69
254.7238(9.234293,03971,7«
231,19380,72838,6«8
312,600284,38925.81469,187
112,240688,000
1875,$21,41841,5019 6,159328,31!)
100,7011
8,003,1,966
1 16.'.:?6
10.3,301
481,68196.824
11?,,500
802,6'25
152,8(«411,623304,540196,729248,18153,698195,60667,50455,787881,012196,155
25,5:M,^3.880
61,8'
9
620,307
1876,»71,7-28
261,9021,961,00061S,R23
1,181,00160.7725S,3s2
.300,152
425,4821,196,573
276,0 »200,00641,3,548
167,256l,0n7,3«6511,182229,23460^,8,14
194.818831,19380,72878,001
164,7006,30,831
115,04369,187
211.4481,221,000
1371
,18,031
188,9891 870,097648,117890,07456,69038 837
810,818326,560
1,072,71221.3,J66
215,076371,853162,806» 18; 126408,639196,739499,57615-1,297
195,60667,504112,928632,701404,243149,97633,880133.246
1,195,237
* This year's fignres include the earnings of the Springlteli Dlrlilea,
*he Gold Warkoi—Gold has ranged between 114i and 114J,The principal shipments of coin have been to Havana, for whichmarket it is reported that $2,000,000 was recently purchased tobe sent in instalmentp. The market supply was increased here,aB appeared by last week's bank statement, by the Treasury dis-
bursements. On gold loans the rates paid to day for carryingranged from iH to 3 per cent. Custom receipts for the weekwere |2,40o,000.The following are the quotations in gold for foreign and
American coin:
SoTerelgDsNapojeoni
t4 95 «t> 90, , . 3 85 a 3 «S
Relchimarks 4 75 a 4 82Xeulldera 3 95 «» 4 06Fine illv^r bar« 1 15 ® t 16. Ine gold bars parOX pnn
,
Dimes and half di,i,e»,, - S7 « 90
Flvefranca - 90 9 - •»FTancs - 18 (9 — 19Knglsh silver 4 to £ 4 8SPmsslan p per thalcrs.. — 70 3—72PnlBslan si Ter thale,-s.. — 69 a — 71Trade Dollars - 92 « - »t
The following t«bl« will ahow the oourae of gold and oper*-iioni of the Qold Exchange Bank t*cb day of the put week:
BatnnUy, Mch.Monday,Tuesday, "Wednesday, "
Thursday, "Friday,
• Quotations ,
Oiwn. Cow, High. Clo*....114V IH'/i 114V 114V...114V 1I4V 114V I14K...I14V II4V 114V lUV..IMX 114V lUV U4fi...1I4V 114V 114V iU\i...lUV IliK !I4V IMX
day of the past
'
Total , Balances .
Clearings. Oold. Cnrruoy.$44,874,000 18,141,780 t2,73«,U;85,709,000 »4I,814 l,Ot«,IN81,MO,000 l,l«8,Ua 1,424.11428,138,000 l,«08,7n8 I.BISJM82,181.000 aa«.aoa *m,i«21.981,000 708,800 aii,;«
Current week .
PteTloufl •*eek.Jan, 1 to date,..
.114V n«V 114% 114V tl)l).831,000 t t
.lU ll«v US lUV 189,9««,OD0 981,870 1,10,181
.113 118V 115 114V ... . ........
Porelcn KxchanKefair business.
The exchange market was pretty flrmon a fair business. Same motlerate shipments of specie harebeen made, but these were chiefly to Havana, where exchange isexceedingly depressed, and rates have hardly been firm enoughto warrant shipments to Europe at a profit. If the estimatesmade of con8i<iorable recent purchases of tTnited States bonds inLondon for this market are Nutistantially correct, it is apparentthat their impart here will furtlter tend "to strengthen rates. Onactual transactions the rates to-day were about 4.8.5J and 4.8»i forprimti sterling.
The transactions tor the week at theOustoin Uonsa and 8abrreasurv have been as follows-
8ab-Trea«ary,CustomHouse
Receipts.M'ch 4 (1811,000" 8 671.000" 7 478.000•' 8 308,000" 9 316,000" 10 218,000
. Receipts.
'
Gold.$543.0 8 75617,70(1 99831,175 70:167,164 19330,849 50859,900 00
• Paymenta.-Cntrency. Oold,' Corren'T1613,14; 39 I 681.4-18 0« t6H,044 8860),39J 63 419,088 12 876,003 02687.157 52 ,399,081 78 I,00!,8l8 75447,935 64 1,798,512 28 WiO,7M 909)6,789 67 103,107 21 787,>1H8 OS505,991 ,34 187,371 93 522,741 SJ
„Tot«l. 8,405,000 2,978,119 13 3.79,3,31119 3,6e7,«',7 88 4,865,240 10Balance. March 3 44.681,09168 36,285 396 43Balance, March 10 ,,,. 44.070,666 49 31,718,517,12
C-ALiF-ontfiA Mining Stocks.—The following prices, by telegraph from SanFrancipco, arc furnished by Messrs. I. A 8. Wormser, 64 Broadway:
March 10.
Alpha 41Belcher 37Best A Belcher , . , . 62Caledonia ti6
California 90Chollar Potosl 125Consol. Virginia . ..440Crown Point 26
March 10.
Eureka Consol 18Gould A Curry 21Hale A NorcrosB... 51Imperial 15Justice 26Kentuck 20Mexican 3'*
Ophir 72
Texas SactnitTiEs,—Mesiirs. Foreter, Ludlow A Co,, 7 Wall «t,, quote
.Msrch 10.
Overman 21
Raymond A Ely 20Savage 16Sierra Nevada 3iSilver Hill 12Union Consol 19Yellow Jacket. no
no112lOJ
Texas State10s, penslon{10469 of- 1892.. S90
I
Cities,
IHouston 10s. 43
no95
I
CiUes.
IAustin 10s... S95
I
DallaslOs . 65S. Ant'io 10s. 80
'i?
Tex IS State78, gold S10678, g., 30 yrs|l07I's, 1884 ,,.$104lOs, l!<7» 99
% With iaterest.
New Vork Oltjr Banks.—The tollowlng statement sbowsthe condition of tlie Associated Banks of New York City for theweek ending at the commencement of business on Mch. 4, 1876:
BA.HKB.Loans and
Capital. Discounts.
-ATSaASa AMOUXT OF-Lenl
Newrork |S,000,000Manhattan Co 2,050.000Merchants' 3,000,000Mechanics' 2.000,004Dnlon 1,500,000America 3,000,000Phcsnli 1,SOO,000City 1,000,000Tradesmen's 1,000.000Fulton 600,000Chemical 300,000Merchants' Kich ,,, 1,000.000Sallatln. National,, 1,500,000Butchers'&Drovers' 800,000MechanlcB&TrBderi 60(f,000
green wlch 200,000Leather Manuf 600,000Seventh Ward 300,000State of N, York.
.
2,000,000American Kxcb'ge. 5,000,000Commerce 10,000,000Broadway 1,000,000Mercantile 1,000,000Pacific 422.700Republic 2,000,000Chatham 450,000People's 41-2,500
Sorts America 1,000,000Hanover l,l«)0.0(IO
NetSpecie. Tenders. Deposits.
I9,5(«,'.<00 •2.931,000 11,219,000
Irving . .
MetropolitanCltlrenaNassauMarket.
500,000l,OC0.f00•or.oc'O
1,00(1,000
1,000,0003t. Nicholas 1,0(10,000
Shoe and Bcather.Corn Exchange...ContinentalOrientalMarineImporters'* Trad'rs
1 ,000,0001,000,0001.500,000300,000400.000
1,900,000Park 2,000,090Mecli, Bank'gASBO, 500,000Grocers' .300,000NonhUlver 1,000,000East Wver 350,000Manutaet'rs'AMer, 800,000Fourth National , , .
.
5,000,001'Central National,.. 3,000,00(1Second National.... 800,000Ninth National. ... IJi0,C0(nrst National 500,000Third National lANO,00(it1,Y,Natlonal Bzeh, SO«,a<IOTenth National 1 ,0O0,0GCBowery National ,
,
29O,00rHew Yoi k Co , Nat, 300,000German American, 1,000,000DryOoods 1,000.000
6.630.5007.891.1006.472.3(X)
3.956,300
9,a4,SO03,)7'>,Jrt'
5.53-',20O
3,iK;.4(X'
1 .ihSB.aoo
-,]91.«i0
3.610,400
1,7U6,1 001, -1.17.6110
,6l,-2J0
3.t>l7,«0>56,J(X'
3,9;!,a«n,t52,l'0tl
19,-2:. ,300
1,657,6003,697,5001.949,3(J0
,1,610,300
3,216,100
U^S'^SCO2.673,700»,6J7,3O0•^,p; 6.00(1
l-i.s -0,0001,716,IKHI
i.373.5002,7S(',800
2,431,2.10
4,4 3,700
2,675 ,0JO
4.091.70(1
1,42J,21.9,11.100
I6.'9!,9(I0
15,006 400I,013,-2i«
6i;,ll«•iSO.SOD
^91,200374.900
17,»<9,1007,«1S.00ti
I.63>,0005.-3J.400r,07«,'006.1 1,4(0
1,133,7(0l,i23.90O1,241.0(01.025,DDO2.832.0002.(i|3J0O
864.800617,7002:9,200622,600
1,136,900389,300
1,171.1002;o.s144,000
44<,'AKI
3?7,3UOS7S,0005'J,' 0010,800
4S-2,9o6
61,100292,800817,000
1,546,60077,-iOO
199,600
12,200f63,!HI0
232,3004C0
31,800•3I0U2-«,(WI
1.324.00039,90034,S0C116, 008S,30«90,300U5,2II0
193.1004.900
94.400302.600
2.071,60066,:ai13,800M.6on14, 008.9(«
9C9,O0a
5«,3oa
2J«,S0O
1,091,9001,239,4(XI
7,600247.700
8,400
»3,<(l(l
6J00
39!,ie01.64 t,lW1,013,300605,500
1,195.9003<i4,.500
2,572,000193.6U0392.300
I,«!l0,1C0
357,4003e6,100:il:),(iOO
272.100100.300429,0001W.2a«
!,13U.10a
2,693.0001,6^6.9008u6,,yio586,700426,8003S9,900117,400.,V1,90U
4-ffl,000
T.'2,S00
242,'.00
l,140.n(X)
3!/4J0316,600'i33.90G
251,800718,10V483,100
205 .008483,0l«
4,5'29.9dO
1,666,3001I-J,70C
1-7,300
iSi.lOC1*2. loo164,600
8.-296,70(1
2.190A)0I.12.O00
1.371,9(0
9(j7,1«I
1,308,400283An102,900278AI08(8,000M*00868,100
89,894,0004,371,8006,342,7004,«'24.20a
3,048.0007,010,8002,845,>U0
6,081,0001.776,200l,173J0O7362.300S,067,4'JO
3,006.700l^UOOO1,114,900739,300
3,S1<,«003)0,900
2,S2«,«n8,670,0007.CSI,l(-0
S,<89,1003,511,400l,BI3,4(n
3,009,5003,405*101,177,100
3,390,1003,160,WO
*,4«5,<001.7S3.80Oxr.iAii'^,: 15,900
1,083,' 103.47i.8Cai.i«:,ioo
8.371,3001,131,2003.06«,70018,958,900l«,tl8,700
763.700388,800768.700•01.700•12.3(10
3^05,0001.759,(00
S.911,7006,521,100
8,240,7001,034,400701,800••1.000
1,(•04,100
3,790,500
1.884,100
Clrenla-tlOB.837.900
9.500318,780368,800
•r,2»481,700
774'i06
4a.«ai498.400144.000198,7002,700
340,«oa80,100
347.900409 .(00
2,918J00S9«,a0028.000
IMioOCi74,«ao
5,900
'289,666
111.900219.000133 .CdO
9,900191,3*0687.«O0718.5004J0S
."63,100
4.000156 900ttl.VOO60,(00ao6,im
184',46i
1,067,8661314,000
139,0(089.90045,00049.400
264,700448.«tO220000180AS
Total OILi-OSJOO 8-270.163,800 130.701,600 816,148,200 83ai,<S*,<00 81«J823SO
The deviations from the returns of the previous we«k are as
follows
:
_Loans Inc. 81,a83.8(IO j
Met Depostu -itae. »SJOIMOOSpecie Inc. 1,995,400 Circulation -»•«• 108JWI,eralTandaT« Dee, 3,067.900 I
The following are thetotals for a series of weeks past
:
Legal Clrcn- AggretateLaaaa. Boeele. Tanders, Dasoslts. latloB. CItwInM
F*l>.19... 368.011.400 33.04I.900 4J.967.800 234.TS3JO0 17.ira.1fl8 444.910.717
Feb. 36... -MtMOfiM 30.7a.200 a.oi3,ioe iua:4ao 17.n2.goo 8i^.tt',2*!
Mek. 4... 370,163,800 3a.'m,l08 t6,948,3(e :36.4:6.400 U.983.S)8 458,«r2,745
260 THE CHRONICLE. [March 11, 1876.
Aoston Banks.—Below we give a statement of the BostonNational Banks, as returned to the Clearing House on Monday,Marcli 8, 1870
:
Bantn Capital.^.laacio t75U,000A-Ia» 1,500,000Klackatone 2,000,000Boaton 1,000.00cnoyliton 700,000Broadwar 300,000Central 500,000CoUmblan...., 1,000,000Continental 1,000,000Knot .,,, 1,000,000Krerett 400,000FanenllUall 1.000,000Freeman'!,,,, BOO.OOO(>lob«i 1,000.000Uamllton 750,000Howard 1,000,000Manufacturera SOO.OOOMaricet 800,000Masaacbuietti 800.000MaTorlck 400.000Mercliaudiss 5CO,000Mernhanta' 3,000,000Metropolitan 500,000Moant Vernon 200,000lew KnKland 1,000,000North 1,000,000OldBoston 900,000Shawraut 1,000.000Shoe * Leather 1 ,000.000State 2,000.000Suffolk 1.500,000Traderi' .,,,. 600,000Tremont a.uOO.OOOWashington 750,000rirat 1,000.0008econd(Oranlte)... I.COO.OOOThird 300,000Fourth aou.'TOUankofCommorce. 2,000,000Bank ofN. America 1,000,WOB'k ofliudemptlon. 1,(X10,(!00
Bankof licpuiiUc... 1,500,000Oommouwealth 500.000Olty 1.000,000Baifle I.ooo.oaoSiohange 1,000.000Hide & Leather. ... I,.500,000Revere 2,(X)0,000Security 200,000Union 1,000,000WettBter 1,500,000
Loans.tl.9O^.<902.951,800t.SSS.btU
2.2IS.100
1.853,9(10
39<.C0a1133.600
2.14:f.900
2,139.5002.441,800
9»7,8002,638.9001,703.600
2.467.1001,739.000
3.352,100M 1.500
I.4ti.>,8U0
2.4a5.JU0
2.03I.7W1971.800
!.Ji7.3lW
SS5.UX)647,il00
2.552,600
3,17I.6CCl.s.52.4no
j.eio.iioo
S.50l)."'JI0
3,B33,(i00
8.iil,:i001.26") .500
3.J*).tU0
1.981. lit)
3,654.900
4.141.3IH'
1. 193.700
J^O.^OO5.604..S00
2,385.7005.5:r>.7l'0
3.063.21'0t r.;i SOO
T'JOO'SHJ
;.' 0<(.7:)0
5.1U9.,)00
3.8;7.20O4..S33,90O
958,9002,55i!,4C0
2.697,600
Bpecle. L.T.Notet6.300 »5t,3aO19.000 98.500lo.rou 825.60010.30U lJl,4oO2,7011 75.000• *>> 1«M0, . 81,300
19,910 1I8,1IUU
.... 122,200133.600 t9,>00
3.100 65.70022.100 79,5002.100 67.600
5U.IR0 187,50074,700 31 .00053,900 96.6003,210 67.3('0
311.200 3j,30048,400 2 2 3(10
60.200 99.500,53.030 30.700
643,000 .135,100
69.100S.4U0 67.000
S7,60C 72,8001,430 76.900
8:.6'J0 2*1.30032.200 210.7002E.800 SUl.'OO»,00O 86.700
69.300 19.'.;oo
17.700 67,9(010 i.9JO 9J,5(X)
6.900 IIS.SOO60 ..500 253,4i'0
411.6(0 321,50067,110 ,-9 300
9.300214.700 1113,100
3,6(10 330.90O250.500 H4.60014,700 160.200
16S.000 279.1100as.ico 51,30C7.1,IC 142.500
3U.600 112.60072,700 126 90011.600 253,70042.000 10.500
41.5U0 82,900S1,2C0 75,000
(451.7001,029.4003,(e6.500923.100658.!00128.U00
357.6C01.078,()UU
^ 712.7(
071,600526.400
1.19(>,900
537.0001,121.500
934,1001.111.700676.200478.100
1.467,100l.,50-.,JI0
«77,(«C5,114,700
520.000366.1100
7'.6.3U0
I,371,fOO911.800
1,269,7001.636.100896.200
1.012,900748,400907.0005J4 100991,300
1.4t5.li00
833.5009.1,4(0
2.1 17.300
1.060,200
1.793,400761.(101
2.261,5007Sl,a'0621.900
3.450.1 001.004 ,230
2.1 .'2.200
619.100
1.006.10097b.600
Clrcul.tISI.SoC727.6(0
794,200510,700531.000
156.000
ins.ico745,!(!0
575,2007t3.10C206.B')ii
473.100323.700845,900226.(10(1
443.70Cin.ioc352.100349.600E52.80U
86.6(XI
1.750.1JO45.01,0
175,100735.80
1
58;,1(I0a08.7«,
481.800
759,2in973.000676.J0O155.5(«i
556.300
553.5C0507.101)
470.800
160.70045,1100
4S8,7ai
552.2(Xj
651.3011
971.2(1(1
45.(HiO
S)1.9lKl
2S3A0693,00094«.-'00
577.000179.2(0
532,203388,500
Total I51.35C.000 »13n.653.100 JS,056300 16,930.000 »55,902,400 »21 429.200Thetotal amount "duetootherBanKB."as nerstatement ol Mcli.6. Is $22,084,500The deviations from last week's returns are as follows
:
lioans Decrease. 45,900|Deposits Increase. 1.011,900
Specie.. InereaBe. 187.600 circulation InoreaBe. 65.100lioital Tenders Increase. 732.1001
'
The following are t he totals for a series of weeks past
:
Date. Lioans. "— •- — "Feb. 31 133.oa4.2fO
Feb. 2S 1S(),«99.0(»J
MCh.6 130,653,100
Specie. Liegai Tenders. Deposits. Circulation,3.102.0110 5.5S0,400 55.600.200 24,416 01102,868.7(10 6.117.600 51.560,,100 21,3611003,05':.';00 6,930,000 55,902.100 21,129,201
Plilladolphia Banks.—The following is tne average condltion of the Philadelphia National Banks for the week preced"ing Monday, March G,
Banks. Oapltal.PhlladelpUla |l.oOO,OCONorlhAmcrIca 1,000,000'armors and Mecb. 2.000.000Oominerclal 810,000Mechanics' 800,000Bank N. Liberties. 500,000Soathwark 250,000Keaslnston 250,000Penn 500,000Western 400,000Manufacturers'.... 1,000,000BankolUommerce 250,000Olrard 1,000,000Tradesmen's 300,000Oonsolldatlon 300,000City 400.000Commonwealth 260.000Corn Exchange.... 500,000Union 500.000Flrat 1,000,000Third 300,000SUth 150,0C0BeventO 2.50,000Elshtb 275,000<;entral 7.50,')OCBankof Kepnbllc. 1000,100Security 250,ocOCentennial 180,000
876:Loans. Specie.(4,735,000 1131.0001,59,1,000 27,0005,5!5,700 830,7C0l,:m,im 21.0001.955,3C0 37J1332.832.000 6,6001,377.417 3,9631,0'29.638
1.3.',0.229 l.(M02.(41.792 86,63)2.693,000776.794 2,720
3,932.000 15,0001,526,COO 14,0001,118,681 10,5t'0
6.629
6.00026,000
Total netL, Tender. Deposits.cuculat'n.11,250,000 »S.S15.0UO »720.COO1.42:.M(0 3.870.ao 767.0001,,137,300 1.59i,2C0 1,000.000757,000 1,615,000 623(00271.700 1,311.300 2'.6 650511.000 2.250.000 132 OOC59,,H4 1.(07.978 212 890176.0CU 661,608 SJS'w*)2(13.758 956.725 319'l30414.005 2.074.2,10 203'foo368,000 1,756.000 530000182.180 6 :9.S63 202 645
1.355,0(0 8.514.000 531000126,000 1,223,000 175 000213.756 760.915 2;o;ooO4i!5,293 1,100,1)3(1 357 241197,0(X) 611,000 2130(106113.000 1.8S1.I100 2710611579.000 1,589,000 2S4.'ooO
1.212,000 1.2.17.0(0 792000315.000 931,250 261.460122.000 415.01)0 I35CO0218.000 515,000 2I8,59(i
264.000 833.000 215.000809.000 I.ISJ.OOO ,5113.000
6I17.OOC 1.101.000 734.0007S.000 380.000 151,00046,000 133,000
B08T0«, PHILADELPHIA, Btc.-Contlnaed.
. »16,575.0OC t59.487,631 1751,823 »15,103,756 148,535,030 110.517,556Total
I neaeviations from the returns of previous week are as follows-!*»>>» Inc. J937.826 1 Deposits Inc?t'8«'V-,;:.- Vt-
l°'=- 13.3611Circulation inc.Lew iTehder Notes Dec. 618,390 I
The following are the totals for a series of weeks past
:
" Loans. Specie. LcEalTender. Denoslts. Circulation
1191,52221,599
Date.Feb. 14...Feb. 31.Feb. 28.,
Hch. 6.,
68.218,73755.532.41258.519.81869,487,651
799.9fO70 1.8 '2
781.4112
751.S23
16.02(l.0M
15.522,57515,6-.2,146
1,1,103,736
48,139,49147,501.3134S.(I,13.577
48,525,099
10.256,98910,521.85210,522.657
I
10.517,256
uoDBmza.
PHILADELPHIA.STATE AND OITT BONDS.
PennaylvanlaSs, gold, int. var(fo do cur. Tar.do 61, 10-15 1877-
do do 15-39. 'i<2-93
Philadelphia 68, old, variousdo 6s, new do
Allegheny County Ss, doFlttsbnrglB, 1913
do 5b, 1913
do 68. uold, TarlouBdo 78,Watci Ln, variouBdo 78, Street Imp.. '83-86
New Jeraey 68, Eicmpu. var.Camden County 6b, variouB...,
Camden city 6a do ....
do 7s, do ...
Delaware 6b, do ...
Uarrlsburg City 6«, do .,.,
BAILBOAU STOOK8. ^Camden & Atlantic
do do pref.CatawlBsa
do prefdo 2n(l pref
Bast PennsylvaniaBlmlraA wlUlamsportBlmlra* WlUlamsport pref.Huntingdon & Broad Top ..
do do pref.Lehigh ValleyLittle SctanylklllMinehlllNesquehonlng ValleyNorrlstownNorth Pennsylvaniaon Creek & Allegheny BlverPennsylvaniaPnlladelphla & EriePdlladelptiln* BeadingPhlladelnliia * Trentonrhlla., Wllmlnir.& Baltimore.United N. .1, CompaniesWest Chester consoi. pref . . .
.
WestJersev
OANAL 8TOOKB.Delaware DivisionLehigh NavigationMorris
do prefSchuylkill Navigation
do pref.
,
BAILBOAP BONDS,Allegheny Val, 7 3-IOb. 1896 .
do 7s K. Bxt..l910do Inc. 7send,'91
BelTldere Delaware.lst m,?.'do do 2d M. 68,'S5
do do 8d M. 6s,'8'
Camden* Amboy. 68, '88....
.10 do 63, '89
do domort.68,'89..Cam. * Atlan. l»t m, 7s, g. 19113
do 2d do78, c. 1890
Cam. & Burlington Co, 68, '97,
llatawlBsa, new 7«, 1900
Cayuga Lake l8t m, g.7», 1901'
Connecting 6b 1900-1904
Dan.. H, & 'W llks. 1st m„7s,'S7'D'-laware mort. 6s. various...
Bast Penn. 1st mort .7s, '88., .
,
Bl. * W'mspoit.letm, 7s. 'SO
do do Ss.perpHarrlBbnrg iBt mort.611,'93...B.ft B. T. lBtmort.7B,'90.,..
do 2dinort.7B. '95...
do 3d m. cons.78.'S5Ithaca* Athens g. 78. '90"...
Junction iBt mort. 68, '8'2.. ..
do 2d do 1900...
Lehigh Valley, 6b. cou., 1898.
do do do reg.l89S..do do do 78. 1910do do con.m. 6a 19.3
Lltt.le8chuylklll.l8tM..7. 1877,
Northern Pnciflc 7 3-108. 1900".
North Penn. Ist m,68, '95
do 2dm. Is, '96
do chattel M. 108 1977do gen. M.78, 1903..
Oil Cr'k&Alc. U., ccn.78,'88'.OilCreekl«tm.7B,'92PennJi N.Y.C.&P. it 7b.'96-19C6.Pcnn.?ylTanla,lBt M., 6,1880...
•la gen. m.6i 1910, coup! .-
do gen. m., 68 reg., 1910,107do cons.m.ea, reg,, 1905 -•
Perklomen 1st m.es,'97 ' 87X
101113
103H
108
lOSX
6
12V4
62)4
j4
53H10054
11?<
51
113M53
50
50X62
JX15
99X10056CO9693
1*XlOoH105)..
IC810515
U5
iOO
162"101
10265102
11210260
ico"-,011
108
IO6K
liok103
104 ji
10»X105
;C5*
S9>i
m>A
itih
5CX
lii"7X15)i
(ll'OTATlQNS IN ttOSTON. PMILADELPllJA AND OTHER CITIES
8KCTJBITIK8.
BOSTON.Maine 88New UAmp8hlre,68Vermont 68..MassachusctlBfiH, Gold
do 58, GoldBoBtOD 6a, Currency
do Ss.KOtdChloaf?o ScweraKC 7(1
do Municipal 78Portland 6hAtch. A Topekalst m.Ts
do land Rt. 7a...do ad 78.do land inc. 1^.,
B»etoD A Alliany 78Boston &. Miilne 78BurUnston& Mo. Neb. 8b, 1894
do do Neb. 88, 1883.Eastern Mass., 7bInd.Cln.A Laf . Tb. ^869
do equipment IOb.do funded debt 7fi
Osdenibarg & Lftke Cb . bsOld Col. A NewpofrtBd8,7, '77.
Kutland, new 78Vorm'tCen.,l8tM.,coa8.,7,'8«
du iL Mort., 7,189:Vermont A Can., new, P«
1I9.V
3J*99XlllX
i66«
mti
iiix
BKCURITIKS.
/ermootA Mass., Ist M. 6,Sl'OOKS.
SostonA Albany Stock ..Boston ft Lowell stockBoston ft MaineRoBton ft ProvidenceliurllnEtou & Mo. in NebraskaJheshlre preferredClilcairo,liur. ft CJulncyJin. .Sandusky ft Clev.stock.ConcordConnecticut Klver '.'.'.'.",
Connecticut ft PaasnmpBlc. pffCastern (Mass.)ftastern (New HampBhire) "
"
Fllchburg^lanchesterft Lawrence.'..'.'.'.'Nashua & LowellNorthern ot New Hampshire'.'.Norwich* WorcesterOgdenB.ft L. Charaplain,>,.,„'*? <•" Prel..Old ColonyPort.Baco ft Portsmouth...Kntland common
do preferred*'
Vermont ft Canada...vern.ont ft llaBsachuaettBWorceHi^rftJJuBhua
132V:c
811
134
iok
lOK30)S103
79
fCX99^
135"
135"
131
SOX85>4
Phila, &ErlelBtm.6s.'81.,do 2dm. 7b. '88.,
PhlIadelphia&KeadioK68, '80
do do 7b, '93
do deb. bonds. '93
do g.m.7s,c. 1911
do do reg, 1911do new conv. 7s, '.89,"
do Coal ft l.co m..78.'92-'i
Phila,, Wilm, ft Halt, 6;. 18-4.,
Pitts., cm , ft St. Louis 78, '90.
ShamoklnV. ft Pottav. 76,1901Steubenvllle ft Indiana 78. '84
Stony CrecK. Ist m.. 7s, 1907..Sunburyft Erie 1st ra, 7s, '77..
UiiltcdN..!, cms. m. 68, 91..Warren ft F. istm. is, '96.. ..
Westchester con8.7s,*9I. ..
West .Jersey 1st m.6B. '96
do do 7«. M97...Western Penn. RR.68. 1593...
do do 68Pb'96Wllm,*Euad.,lBtM.,7,1900".
do do 2d Mort. 1902CAWAI, BUNDS
Delaware Division 6b. '79
Lehigh Navigation 6s, '81
do Kit, '97...do deb.'7V...do conv,do conv., R.'94do~ gold, '91
MorrlB,l8tM.,6,1876do 2dM., 1876do boat, '85
Pftnn8ylvania68. 1910Schuylkill Nav. iBt m,6a,'97,.
do 2d m., 6s, 1907do m, 6e. '93 ..
do (s, Imp., 'SO,
do 68. b,.at ,%car.l913do 7s. boat ft (.ar. 1915
do enrlpSu8()nehanua 38, 1891..,
93X103
IO862
89
85'
101
S2100
IdO
10088
107101
lOSX
95101
101
98
82 1101(6
106
109K
90110MX101 )<
107>,
103
93%
1!0113
105;90
83>i105
8S0DBITI».
BALTIMORE.Maryland 68, defence, .7. ft .1..
do 6s, exempt. 1K87do 68, 1S90, quarterly..,do 5b, quarterly
Baltimore 68, 1884, quarterly...do 68. 1866, J. ft Jdo 6s, 1890, quarterly...do 6B,Parlt.l890, Q.—M.do 68,IS93. M.ft Sdo 6s, exempt, '93,M.&Sdo 68, 1900, J. ft Jdo 6b, 1902, do
Norfolk Water,8BHAILROAD BTOOK8. Par.
Bait, ft Ohio-Stock 100
do Wash. Driirch. .11x1
do Parkersburg Br. 5(
Northern Central 50Western Maryland 5('
Central dhlo 50PitlBburgh ft ConnellBvllle, 50
ItAILROAD BONDH.Bait, ft (Jhlo 6b. 188(1,,I. ft J....
do 68. 1885. A. ft O...N.W.Va.,3dM.(guar)'85.J.&J.Plttsb.ft CcnneIlBv.7s.'98, doNorthern Central 68.1885, do
do 6s,1900.A.ftO.do 68, Sold. 1900. .1 &J.
Cen. Ohio 68, 1st M ..!890,M.&8.W. Md. 68, lstM.,(er)'90,J.«J.
do iBtM., 1~90. J.&-J..do 3d M.. (gu»r.) J.&J.do 2d M.. (pref.)do 2'M.(gr.by W.( o.)J.&J.do 68, 3(1 M.J (guar.).J.ft J.
Mar. ft Cln.78. y. ft A„1692.,.do 2d,M.ft Ndo 8s,3d.J.&J
Union FB.. Istcuiir.. J, ft J,,do Canton endorBed..HIBOELLANKOtra.
Baltimore tlaB, certificatesPeople's Gaa
do CerllficatcB
TVASHINOTOiy.District of Columbia.
Perm, Imp.,6s,g. J.ftJ, 1391.
do 78,189!Market Stock bonds, 78. if92.
.
Water Stock bonds 7e,1901...,78,1903...
VTaslington.Ten year Bonds, 68, 1878iCund.Loan (Cong ) 6 g, 1892..
Fund. Loan (Leg), Ob. g. 1902..
Cei n. of Stock flr28) 58. at pleae<" (1843)68, atpleat
Ches. & O.at'k ('47) 6e, at pleasGeorgetovH.
General stock. 8», 1881
do 6s. at pleasure.Pounty fitock, 68, doMarket stock, 6s. doBoard of Public Works—Cers. Gen. Imp.Ss, 1871
do 1875
do 1876
do 1877 ....
do 1878do Series
Certificates, Sewer, Ss, 1871-77.
Water Certlflcates.Ss, 1377.
Bid
ill
111
106
108'
ion1(9
108
106
wb'xiie«
&ric
\MH 169120
39>^
43'
7
103 S(
107
loijr103103
101
X
lOOS103
«l
10891
IOO
103
107
75Js'
*In default ol'interest.
1001110
100
769681*^
IC6^
82X
CINCINNATI,Cincinnati 5b
do 68do 7bdo 7-30S
Cincinnati Soath'n EU. 7.308llam.Uo.,Ohio6p.c.longbd8do do 7p.c.,lto5yrs.do do Igbd8,7 *V.80^
Cln. & Cov.Bridge Block, prefdo bonds, long
Cln.,Uam.&D..l8tM., 7, 80...
do do 2d M., 7, '85..,
do do 3d M., 8,77...Cln.. llara.ft Ind.7s guarCln. ft Indiana, iBt M.,7
do do 3d M,, 7, 1877.,
Colnni.,ft Xenla.lat M.,7, "90
Daytonft Mich., l8t M.,7 81..
do do 2d M.,7, '84..
do do 3d My 7, '88..
do To'do dep.bds,7,'81-'94Dayton ft West., ist M., 1881. .,
do do let M,, I91'6.,
do do l8t M., 6, 1005.
Ind., Cln, ft Laf., ist M .. 7
do (I.4C.)lBtM.,7,188;Little Miami, 6, 1883
Clu. Ham. & Dayton stock..
.
Columbus ftXen la stock —Dayton ft Michigan stock ....
do 8 p. c.st'k guarLittle Miami stock
I><>IJI!SVII,IjE.LoulsTllle 7bLouisville 68, '82 to '87
do 6B,'97to'98do Water 68, '87 to '89.,
do Water Stock 68, '97
do Wharf68do special tax «s of '89,
Jeir., Mad.ft I,lBtM.(lftM)7, '81
do do 2dM,,7.do do let M.,'«,Hi0«....
l.oul8T.C,ftLex.,lBtM..7. '97..
oul8.&Fr'k..lBtM.,6,'70-'78..do Louisv. l,oan,6,'81
L. ftNash.lstM. (m.8.) 7. '77,,
do Lon. Loanlm.B.)6, 'Sf ',11
do do (Leb.Br.)6.'s6do lstM.(Lcb.br.cx)7.'80-'85do Lou.L'n(Lel).br.eT)6,'9I;:do Consoi. ist M..7,1898....
JcfferBon.. Mad, ft IndLonlsv.,cin.& Lex. .pref. ...
do d» common. 4
Louijvllle ft Nashville 3i!>,
»r, LOUIS. I
St Louis 6b, Long BoniU... .'ilIOMio Wateres gold •imdo do doCnew)x*ili 5'»
do Bridge Approach p.G:i»ili5s,do RentwHl gold 6s •|1'6H4o Sewer g, 68 (dne'91.i-3)"|li5
St LouisCo.uew Paik g. 6s..',l(5do c'y, 78 • 11 4
At ft Pacific gnar. land grants IS
do 2d M.dunded,!.... 19
'And iotereat.
•82•96
'106•10;
102•93
1U2•104
116
9010294102
ii^8970
1(12
102
95'100
£6756989
945510012102
1§^6439
101
IOB
106>,
102)(
107V100'•5«
8698
:oj10,?
103
95114
106HO90If*
96ICS
8691751(8
104959393
96"EC70909660
43"104
91
102
91
«1•191
91
91
71"90,><
76 JiS*tan9691
91
HH10
92
3l)i
Mirch 11, 1876.] THE CHRONICLE. 251
GENERAL QUOTATIONS OF 8TOOK8 AND BONDS IN NEW YOKK.U. 8. Bonds ana, (tetivt liailroad Stocks are quoted on a previous page, t'rinei reitreneni. t/is ver eenl talue. tehalever the par may be
•ECTTBITIH.
State Bonds.
^ibaraabf. 1883 .
4o 5«,ti«sn..
doilo
dodododo
Kh.ISM89,18888«, Mont. A Euf'lsRRn, Ala. & Clmt. U....8». of H92..m of 1898..
ArknnBas 6e, funded40 7s,L. U.* Ft. 8. IM.do 7b. Mcini>ht» & L. K.do 7b,L.K.,P.B.-4N.Odo 7b,MIsb.(). & It. lUvdo 7b, Arlt. Cent. R
Connecticut 68Ueorgla 6b
do 7b, new bondsdo 78, endorseddo 7a,Kaia bonda
Indiana Tib
lllinol8 68 coupoD, 1877
do do I97»do Warloan
•Kentucky 6bLOQiBlana 68
do do new bondsdo do new abating debtdo 7s, Penitentiarydo 06, levee bondsdo 86, dodo 88, do 187S..
do 88 of 1910..
Michigan 68, 1878-79
do 68,1883do 78.1890
MlBBourl 6b. due m 1876
do do 1877do d« 1878
do do 1879do do 1880
Fnndlng bonds due In 1894-6.
Long bds. dne '81 to '91 Incl..
Asylum or Unlver8.,due 1892.
Han. & St. Joseph, due 1876.
do do . do 1886.
do do do 1887.
Kew York Bounty Loan, reg..dodododododododo
coup.68, Canal Loan, 1877.
<8, do 1878.
66, gold reg....l887.
6e, do coup. .1887.
6b, do loan.. 1883.
68, do do ..1891.
5s, do do ..1876,
Bid. Aik,
North Carolina 68, old, J. & J.
dodododododododododododo
A.&0„N.C.KR....J.& J.<do ....A. &0..doconpoii.J. & J..
do do off.A. &0..Funding act, 1866...
do 1868...
Kew bonds, J. & J..
do A. &0..Special tax, ClaBSI.
do Class 2.
do Class 3.
Ohio 68, 1881
do 68.1866Rhode Island 68South Carolina 68
do Jan.& Julydo April & Octdo Kunillng act, 1866...
do Land C, IS89, J.& J.
do L8ndC,1889,A.&0.do 78 0fl888.do nonfundable bonds.
TonueBsee 66, olddo do new bonda. ...
do do do new series
Texas, 108, of 1876
Virginia 6b, olddo do now bonds 1866. .
.
do do do 38e7...
do do consol. bondsdo do ex matv d coup.do do couBol. 2d aeries.,
do do dcferrcQ ix)nds....
District of Columbia 3.668
Railroad Stocks.
( Active previouKly quoted.)
Albany & SuBquehannaCentral FacincChicago & Alton
do do prefChic., Bur. & QufncyClcye., Col., Cln. * Indlanap.
.
CIoTcland & Pittsburg, guar...Dubuque & bloux CityKrie prefHannibal & St. Joseph, pref...Ullnols CentralIiidlanup. Cln. & LafayetteJollet & ChicagoLong IslandManetta A Cln., Ist pref
do 2dprefHorrts h Essex .
Mtttsourl, KansAB & Texas. ..
New Jersey SouthernN Y..NIW Haven & Hartford.Ohio A MlBSlBBlppI, prefPitts., Ft. W. & Chic, guar,
do do special..Rensselaer ft SaratogaRome, WatiTtown A Oldensgt. Louis, Altun & T. Haute.do do do pref
Ilellcvllle A So. Illinois, pref .
.
St.I.oulB, Iron Mount. & South.Terre Haute A lndlanapo1l8..,Toledo, I'eorla & WarsawToledo, Wab. &, Wcsteru, pref.Warren .
iniHcellaneons Stocks
American District Telegraph.Canton Co., BaltimoreCent. N. J. Land Improv.Co..DalawaaeA UodsoBl'anal..A'''nrl«'J*n *ioalfjontwliuatlon Coat or MdMvrlpoaa L.&M . Co., ass't paid
do do pref **
Cumberland Coal A IronMaryland CoalPenaaylvanla CoalBprlug Moualaia Coal,,
101
mlUVIVi
ICK
m%utiH4441
3841II
10)
iOS
io;xmix102HlO-iH103
:03103liM
103j<
IM104S104;^
120
m'65434311
5
44
., 4U<4C31 4i;,
103Sam
53K93H71
28
loe
49
lis
103H
.!»«
4H<7X7H
29}S102 ,\
lC3>f
11»J<60
Railroad Ronds.{Stock Jizcfiauffe Pftcea.)
Albany A Sosci., iBt bonds...do do 2d do ...
do do 3d do ...
BofltoB, llartf . A Krlc, Ist mortdo do guar
nur.,C.Uapld8AMlnn.l8t7s,gChesaneako A Ohio 68, Ist m.
(10 do ex coupChicago A Alton sinking fund,
do do Ist mort...do do Incame
Jollet A Chicago. Ist mort..LoulBlana A Mo., let m., guar.St. LouU, .lack. A Chic, Ist mChic, Bur. A (i. 8 p. c. iBt in.
.
do do conBol. m.7BChicago, Rk. Island A Paclllc.
do S. F. Inc. 68,'95
Central of N. J., Ist m., new...do do Ist consoldo do con. cony
Lehigh A WllkeB B. con. guar.Am. Dock A Improvo. bonds..Mil. A St. Paul iBt m. dB, P. D.
.
2dm73-10do.78, gold, K. D.IstTSi; do...Ist m., Lac. D.Istm.I.AM.D.Istm. LAD..l8t m. H. A D1st m. C. A M,1st Consol.....2dm. do ..
Chic. A N. Western sink. fund.
do dodo dodo dodo dodo dodo dodo dodo dodo dodo do
dodododododo
Int. bonds,consol.bdsext'n bds1st mort..
.
cp.gld.bdBreg. do
Iowa Midland, iBt mort. 88.. .
.
Galena A Chicago Extended..Peninsula, Ist mort., conv
—
Chic. A Milwaukee, iBt mort..Winona & St. Peters, iBt mort.
do do 2d mort..C.,C.,C. A Ind'B.l6tm.78, 8. F.
do Consol. m. bondsDel., Lack. A Western, 2dm
.
do do 7s, cony.Morris A Essex, Ist mort.
do do 2d mortdo do bondB, 1900..
do do constructiondo do 78 of 1871
do do Ist con. guarErie, 1st mort., extendeddo do endorseddo 2dmort.,7s,18T»do 8d do 76,1883do 4th do 78,1880do 6th do 76,1888do 7s, cons. mort. gold bdB.Long Dock bondsBuir.N. Y. A Erie, 1st m., 1877.
do do do large bds .
Han. A St. Jo. land grantsdo do 8s, conv. mort...Dubuque A Sioux City, Ist m.
.
do do 2ddlv.Cedar Falls A Minn., iBt mort.Indlanap., Bl. A W., iBt mort.
.
do do 2d mort...
Mich. 8.Mich. 80. 7 p. c. 2d mort.
A N.Ind„S. F.,7 p. CCleve. A Tal. sinking fund..,.d« do new bonds
Cleve., P'vlUe A Ash., old bds.do do new bds
Detroit, Monroe & Tol. bonds.Buffalo A Erie, new bondsBuffalo & State Line 7bKalamazoo A W. Pigeon, Ist..Lake Shore Dlr. bonds
do ConB. coup., iBt...do ConB. reg., iBtdo Cons, coup., 2ddo Cons, reg., '2d
Marietta A Cln., let mortMich. Cent., consol. 78, 1902 ...
do lBtm.8s, 1882.S. f.
do equlnm't bonds...Now Jersey Southern, Ist m. 76
do do consol. 7sN.Y. Central 6b,188S
do 68,1887do 6b, real estatedo es, Bubscrlptlon.do 7s,1876do 7b, conv., 1876do A Hndsou, lBtm.,coup.do do iBtm., reg...
Hudson R. 7s, 2d m v . fd. 1^..Harlem, iBt Miort. 7j -oup
do do regNorth Missouri, Ist roortOhio A Miss., consol. fink, fddo do consolidated....do do 2d do ....
do do Ist Spring. diT..Central Paclllc gold bonds
do San Joaquin br'nchdo Cal. A Oregon Ist
do State aid bondsdo L. a. bonds ..
Western Pacinc bondsUnion raclllc, 1st mort. bonds
do Land grants. 78.do Sinking fund...
A tiantic A Paclllc land gr. m
.
South Pacific RB. bds. of Mo.Paclflcltof Mo., iBtmort. ...
do do IstCaron'tB.do do 2d mort
Pitts., Ft. W. A Chic, 1st mort.do do 2d mort.do do 3d mort.
Cleve. A ruts, consol. b. funddo do 4th mort
Col., Cblc. A Ind. C. 1st mort.
.
do rt<' '*d mort..Rome, "Watert'n A Og. con. Ist
8t. L. A Iron Mountain, Istm..do 2dn
Alton A T. H., Ist mortdo do 2d mort. pref..rt-> do 2d mort. Income
Belleville A 8. 111. R. 1st m. as
Tol.. Peoria A Warsaw, E. D..do do w 1)..
do do iJur. DiT.do do 2d mort..do d« coii»nl.7l
Bid,
no101
81
X
24H
.•m'
83
lii'
107
102
103X'MH,98MlUX111*10997105 »»
116
99
102
9-IX
83
106 i^105
101),95103
KM
m"10085
lli)i100
'.16*
IWH104 S-
IIKH109X11 8K110
toiU102
iOSH1«5
106'
90
in
U7H
lOtM
lis'
i6»'
97K106H113H99100
Ig.
n
89X
104)4
10!
93J^
112)>
iw'no
im'110lC8i'
103%103
I03X
106X
T7H ....
ma3511«
104 S(
109
101),
I06>i104105
1005^106
10392Ji1051061059999
10!X114
i\"
my.W5H103103
io;>»
i2ij,"
113
126"
9iK98H93JSX
:w\ri'A
14
110
103
104
99101105 !k
103X92A
76116
105"
103ji
63;i1795 ;<
lOiK
lis92
73S9287
lorntiTiKS.
Tol. A WabMb, Ist m. extend,do do IBt m.8t.L.dIvdo do 2d mortdo do equlpm't bdsdo do con. convert.Hannibal A Naples, Ist mort..Ureat Western, Ist mort., 1888
do 2d mort.. 1893.
Oolncy A Toledo, 1st mort. 1890IIIIiioIb a So. Iowa, iHt mort...Lafayette, Bl'n A Miss.. iBt m.Han. A Central Missouri, Istm.Pekln.Llncolu A Decatur, IstmBoston A N.Y. Air Line ist mCln., Lafayette A Chic., lat mDel. A Uudton Canal, 1st m, '91
do do 1881
do do ler,
do do coup. 7b, 18Mdo do reg. 7s, UMLong Island RR., Ist mortSouth side, L. I., Ist m. bonds.
do sinking fund.Western Union Tel., I900.coupMUccllaneons List,
(llrokert' QuotatUmi.)01TIK8.
Albany, N.T., 68Bnffalo Water and ParkChicago 6s, long dates
do 78, seweragedo 78, waterdo 7b, river Improvementdo 7b, various
Cleveland 78Detroit Water Works 7bElizabeth City, due '95
" " •83 .
Harlford6s1 ndlnnanolls 7'808
Long iBland CityNewark City 78
do Water78OswegoPoughkeepslo waterRochester City Water bds., '9!
Toledo 7S0sYonkers Water, due 1903
HAILKOADS.Atchison A P. Peak, 68, gold..
.
Atlantic A Paclllc L. d. 6s, gldAtchison A Nebraska, 8 p. c...Bur. A Mo. Klv.,Landm.78
—
dododododo
2dS.,doSdS.,do4th 8., do 88..5th S., do 8s..6th8.,do88
9SK79
lOSJi
95 »,
HI89>i101>,106
m'.i.
TO
lit
104
MX18
96lOlX16
47 / 6045 / 50
Bur., C. K. A M. (M. dly.), g. 78Cairo A Fulton, Ist 78, gold ..
.
California Pac. RR. 7s, gold...do 6b, 2dm., g
Canada Southern iBt mdo with Int. certlfs.
Central Pacific 78. gold, conv..Central of Iowa Ist m. 7b, gold
do do 2d m. 7s, goldKeokuk A St. Paul 88...
~
Carthage A Bur. 88Dixon, I*eorla A Han. 8s.
O. o. A Fox U. Valley 8s.
Ouliicy A Warsaw 88Illinois (Iran (I TrunkChic, Dub. A Minn. 88...Peoria A Hannibal R. 8s..
Chicago A Iowa R. 8sAmerican Central 88Chic. A S'thwestern 78, guar.Chesapeake A O. 2d ni. gold
'
Col. A Uock. V. 1st 7s, 30 yearsdo do Ist 7s, lOyearBdo do 2d 78, 20 yearsChicago, Clinton A Dub. Bs. ..
.
Chic A Can. South. iBt m.g.7BCh. D. A v., I. dlv., I8t m. g. 7s.
Chic, Danv. A Vlncen's 78, gldConnecticut Valley 78Connecticut Western iBt 78Chicago A Mlcli. Lake Shore..Dan., Urb., Bl. A P. iBt m. 78,gDes Moines A Ft. Dodge Ist 7s.
Detroit. Hillsdale A In. RR.SS.DetroltA Bay CltySsguar
—
'Detroit, Eel River A III. 8s. ...
Det., Laos. A Lake M. Ist m. 8sdo do 2d m. 86
Dutchess A Columbia 7sDenver Pacific 78, goldDenver A Rio Grande 7s, gold.Evansvllle A Crawford8V.,78..Erie A Pittsburg Ist 7s
do do 2d 7s
do do 7s, equip.Evansvllle, Hen. A Nashv. 78..(EvanBVllle, T. H. A Chic. 7s, g.Flint A Pere M. 76. Land grant.Fort W., Jackson A Sag. 8s....
Grand U. A Ind. Istguar7s....do IstL. G.7s...do IstcxL. 0.76
Grand River Valley 88Hour. A Texas C. Ist 7b. gold.Inilianap.A Vlncen.l8t78.guarlowaFalls A Sioux C.lBt iS...
IniilaniipollB A St.,Loul8 78HoustoH A Gt. North. Ist 7s, g.Internadonnl (Texa«)l«t g....Int.. H. A G.>r. conv. 88Jacki^on, Lansing A Sag. 88ICauBAL Pac. 7s, extension, gold
do 7b, land grant, glddo 7s, do new kiddo 6s,gld, June ADccdo 68, do Feb. A Augdo 7s, 1876, land grantdo '78, Leaven, br'nchdo IncoracB, No. 11
do do No. 16
do StockKalamazoo A Soul h H. SB, guarKnl., Allcgban. A O. R. 8b, guarKansas City A Cameron lOs...
Kan. C, St. Jo. A C. B. 88 of '85
do dp do 8a of '98
Keokuk A Des Moines Ist 7b. .
do 1st coup, Oct. ,'76
do funded Int. 88do pref. stock...
L. Ont. Shore RR. 1st m. gld 7s.
Lake Snp. A Miss. iBt 76, gold.Leav., Atch. AN. W.7e, guar..I.eav., Law. A Gal. Ist or., 10s.
.
Logans., CYaw. AS. W.es.gld.Michigan Air Line 8t ..
Munllcello A P. Jervta 7s, goldMunlclair Ist 78, goldMo-Hinfif ''exai gold
Bid. Aak
786eH
ibliJO92
1C9110i02105
107)4102llA
203020106
108108108108
109267288
69)469ina
2'<
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106H
100ICU
106>{
106'
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109103
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1514
14
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9610050
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26'
12
Mo. R.. Ft. S. A Uuir iBt m. 10>•10 do 2d Ml. 108.
V. Haven, MIddlet'n A w.7s..N. J. Midland Ut 7>, gold
do 2d7«New Jersey A N. Y. It. gold..N. Y. A Usw. Mid. Ist 'is, golddo do 2d 78, conv.North. Pae. Ist m. gold 7 S-108.flmala A 8outhwf8U-rn ICR MOswego A Itonie 7b, guarPmria, Pekin A J. Ist mort....PeorlaAKoek I. 7b, goldPort Huron A L. M.7s, gld,endPoJIman Palace Car Co. stock,
do IkIr, 8»,4th seriesRock I'd, It. I. A HI. L. 1st 7B.gldI{«.uv.(>'^* * '»«wego 78. gold...Sioux City 48 Paclllc (»Southern Minn, construe. 8a. .
.
do "8
St. Jo. A C. III. 1st mort. 108
do do 8 p. c.Sandusky, Mans. A Newark 7s.
St. Louis, Vandalia A T. If. Ist.
do do 2d, guar.St. L. A So'eaatem tat 7s, goldSt. L. A I. Mt. (Ark. Ur.) 7s, g.
.
Southern Central of N. Y. is. .
.
Union A Logansport78Union PaclUc. So. branch, 68, gWalktil Valley lat 7a, gold.
,
Weat Wisconsin 78, gold...,Wlacouslo Valley 8a
Sontliern Securities.
iUrokern* ijfuntnUons.jSTATKH.
Louisiana new consol. 78South Carolina new cansol. 6«.
Texas Slate es. 1892do 78,golddo 10a, of 1884
do 108,pen8loD,
OITIXS.Atlanta, Oa.,78
do 88_Augusta, Ga., 76, bondaCharleston stock 68Charleston. S. C, 78, F. L. bdsColumbia, S.C, 68Columbus, Ga., 78, bonds
,
Lynchburg6aMacon 7s, bondsMemphis old bonds, 6s
do new bonds, 68do end.,M. AC. HIS. ..
Mobile 58,(coup8. on)do 88, (coups, on)
Montgomery 88Nashville 68, old
do 68. newNew OrlcauB 58
do consol. 68do bond8,78do gold 78, quarterlydo 108
do to railroads, <s.
.
Norfolk 6sPetersburg 68Richmond 6s ;Savannah 7s, old
do 7s, new,'.Wilmington, N. C, 66, gold.
.
do do 8b, gold..RAILROADS.
Ala. A Cbntf.lst m.8s., end....Ala. A Tcnn. R. 1st mort. 78. .
.
do do '2d mort. 7bAtlantic A Gulf, consol
do do end. Savon'h.do do slockdo do do guar...
Carolina Central Ist m. 6b, g...Central Georgia consol. ni. 78.
do stockCharlotte Col. A A. 1st M. 7s..
.
do do stockCharleston A Savannah 68. endSavannah A Char. 1st m.78
—
Cheraw A Darlington 7sEastTenn.A (•corgIa68East "t'enn. A Va. 6s, end. TennE. Teuu. Va. AUa. ist m.78...do do slock
Georgia RR.78do Block
Greenville A Col. 7b, guardo do 76. certif
Macon A Brunswick end. 78...Macon A Augusta bondsdo do endorsed....do do stock
Memphis A Charleston 1st 78..do do 2d78...do do stock .
Memphis A Little liocl; Istm..Mississippi Central 1st .-n. 7b...
do 2dm. 88....
Mississippi A Tenn. Ist m. 78. .-
do . . do consol. Bs.Mdnigomcry A West P. 1st 8s.
do do IncomeMont. A Eufaulalst 8a, g. end.Mobile A Ohio sterling
do do do escertlldo do 8s, Interestdo do 2d mort. 88do do stock
N.Orleans A .lacks. Istmdo do certlfs Ss..
Nashville A Chattanooga 6s...
Norfolk A Petersburg Ist m.8>do do 7r
do do 2dm.8tNortheastern, S. C, Ist m. 88.
.
do '2dm. 88...
Orange A Alexandria, Ists, 68..
do do 2de. Ss..
do do Sds, 8s.
do do 4thB, 88..
BIchm'd A Pctersb'g Ist ni. 78.
Rich., Fre'ksb'g A Poto.6a....ao do conv.7B
Rich. A Danv. iBt consoL6s..Southwest RR. Ga , Ist m.S. Carolina RR. Isl m. 7s, new
do 6b
do "8...
do stockWest Alabama 88, guar
PAar DUK COtTPOHa.Tsnneasce State couponsVirginia coupons....
do cousul.cotifUeuipbla City co'ipoiir
«8M*•0IM104
IM
7i
262 THE (JHRONICLK [MarcH il, 1876r >
NEW YORK LOOA . SKOURETIKS.
Bank Stock List.
COMFAMm.Marked thui (•) are
not National.
America*American Exchange.BoweryBroadway .
Ball'i Head*Butellen * Droven .
.
Central...;:.^ChathamChemicalCItlions'CityCommerceContinentalCorn KxchanKO*Currency .,.,Dry Good«*Baat RiverEleTenth Ward*rifthFifth Arenue*FirstFoarthFaltoneallatlnGerman American*..Carman ExchanKe*...8ei-manta*Greenwich*Granil Central "
Grocers*HanoverHarlem*Importers' * Traders'.Irvinfir
Island CItrLeather Manufactrs...Loaners'*Mannfctrers'A Build.*Manhattan*Manul. & Merckants*.MarineMarketMechanicsMech. Bkg Asso'tlon.'.Mechanics * Traders..MercantileMerchants.Merchants' Ex...."Metropolis*MetropolitanMurray Hill*Nassau*Sew YorkNew York County...NY. Nat. Exchange..NY Gold Exchanire*NinthNorth America*,.North Blvei*Oriental*Pacific*ParkPeoples*
'"PhenlxProduce*Republic8t. Nicholas....Seventh Ward....SecondShoe and LeatherSixthState ofNew yori'.! '.
Tenth.ThirdTradesmen's
.
Onionfeat Bide*.. .
.
Capital.
Par Amount.
3,000.1100
UIOO,0002SO0OO
1,00U, 00300,000800,000
2,000,000tSOfiOO800,0006a),oo(<
1,000,00010,000.000
1,900,00(1
l.OGOOOO100,000
1,000^)00sea,ooo;>oo,ooo
iso,ooe100,100SOO.OOIl
S 000.000600,000
1 500,0001000,000800,00(1
200,000200,000100,000900,000
1 000,000
100,000
1 500,00(1
S»,0OO10O,0fOtoo.ooo500,000450,000
2,050,000900,000
.400,0001,000,0002,000,000900,000<00,000
1,000,000
3.000,0001,000,000900,000
4,000,000300,000
1,000,0003.000,000200,000900,000
900X1001,900,0001,000,000400,000800,000422.700
2,000,0004:2,500
1,800.000390JXW
3,000,0001,000,000800.000300,000
1,000,000200.000
2,000,0001,000,0001,(100,000
1,000,00"
1,900,(X)0
200,000
I. ft J.J. A.I.
J.* J.ev. 2 moHJ. ft.I.Q-FJ. ft J.J. ft J.F.ftA.J. ft J.J. ft J.J. ft J.J. ft J.«-J.
Q-JV.1.* J.M.ftN.A.ft O.F.ftA.M.&N.M.ftN.M.&N.M.ftN.J. ft J.J. ft J.M.ftS.J. ft J.J.ftJ.
DlVIDSVDB.
Periods. 1874 1R7S Last Paid
J.ftJ. 10M.ftN. «
J.ftJ. 12J.ftJ. -.14
M.ftS.
J.ftJ.F.ftA.J.ftJ.F.ftAJ.ftJ.J.ftJ.J.ftJ.J.ftJ.M.ftN.M.ftN.M.ftN.J.ftJ.J.ftJ.J.ftJ.J.ftJ.A.ft O.M.ftN.J.ftJ.J.ftJ.J.ftJ.J.ftJ.J.ftJ.J.ftJ.J.ftJ.J.ftJ.Q-F.J.ftJ.J.ftJ.J ftj.
F.ftA.F.ftA.J.ftJ.J.ftJ.J.ftJ.J.ftJ.M.ftN.J.ftJ.J.ftJ.J.ftJ.M.ftN.J.ftJ,
11 2-8
12
10
II
in
'.B
7H10
I8<
8
108
810
13
B
112
1212107
SX
1212S
8
1^10108
Jan. 8, IS.. .5
Nov. l,'75...4
Jan. 8. 16. .6
.Tao.3, ^1..I5Sept. I, '75..
5
Jan.8, '76...9Jan. 8,'76...4
.'•n.3. '7J...5Jan. 3 '78.. 11Jan.8. '76...
4
Feb. 1,'76...5'sn. 1(1. 76 3SJan. 5. '76...
a
Feb. 1,76.. .5
July 1, '74.. .4
Jan. l(!,'Ii>.2),
Jan. 8, '76...
4
Jan, -J, '76 ..3
Julyl,15.2X
Juiyl.'VB.V.SJan 8, '76.. 4
Nov. 1,'75.,-S
ct 9, '75.. 1
Feb.l, '74.. ,8
May 1, '74...',
May, i.'75.. 8
Dec. 1,^5.. SO
Jan. 3, 76...
4
Jan. 3, "76.. 3Mel.. 1, '75..
4
Jan 1,76...
7
Jan. 3, '76...
5
108
810
114
Jaj. 3, '76.. .6
Feb.l2.'74.3HJan. 10, '75..
4
Feb. 10/76.. 5Julyl,'75..3)«Jan. 8, -76.. .9Jan. 3, '76...
4
Jan. 3, "76.. .9Nov. !,'75...SNov.l,'75..6Niv. 1,'75..4Jan.3,'76 ..4Ian. 3,'76...4
Jan 3,'U.iHJan. 3, '76...
6
Oct l,'I3. .4
Nov.l0.'75..4Jan. 3, '76.. .5Julyl,'7.'>...7Jan. 3,'76.3SMay, '73...
5
Jan. 8, '76.. 3J«n. 3. '7fi3KJuly 1, '74.3KJan.3, 'Ti...6
Feb. 1,76,Jan. 3,'76...5
Jan. 3,'76...5
Jan 3,'76.3XJulyI8,'I4..3SFeb. 8, 75. 4
Feb. 14 76July 1, '75....Jan.3. '76.. .7Jau. 3,76...
6
July 1, 75...
4
Nov. ID, '75.. 4
Jan.3'74.2>igJbn. 3,76. 4
Jan 3.76. ..5Nov. 1,'75..5I.Pa.i. I.'7»..4
Pbios.
Bid. 'Askd
20U85S,150130:s
128
MX
1155.
90
135
95>»
149
106 ><
Inanranca Stock I<lat.
(Quotltlons by E. S, Bailxt, broker.iS Wall street.)
etas and City R.R. Stocks and Bonds.[(juotatlone by Charles Otis, Broker, 17 Exchange Place. 1
Gas Cohpaniks,
Broeklyn Gas Light CoCltliens'GasCo (Bklyn_ . do certificatesHarlemJersey City ft Hoboken. ..!!!!ManhattanMetropolitan ..!!!"!!
(10 certificates. ..'...
do b n isM-jtual.K. Y ......:Vassau, Brooklyn
do scripNew YorkPeople's (Brooklyn)...!..!!!,
do do bonds. ...Westchester Couotv ...CertificatesBonds .".
Williamsburgdo scrip..
BttecJcer St.it /Vi«on.ferry—stockIstinortgage
BroadiDay dk Seventh jlce—stock!let mort^f;e
Braokti/n Cd;^—stock !.!!!'"Ut mortKage
Sroaiiway IBrookti/n)—Hock.. ..'.
Brooklyn it Hunter'^ P(—stock..
.
1st mortgage hoo'IsVentral Pi, N. .» E. «(rer—stock"St mortgage
Ckri-stopher <t Jenth Street—*iociL'tneuJeland <t Brook'n—ut mortDry Dock, K. B. itBatlery—ttock
Ist rnortgair*^, cons'dhightfi 4f«nu«—stock
lBtmortf;aget'id St. (ft Grand St /erry—stock,
Ist mortgageCentral CrosH lown- stockIst mortgage
9linth Avenue—stock , ..
Ist mortgage ,,.,,Ser.ond Avtnue—tXock
Ist mortgage ,
'.^d mortgageM mortgageCons. Convertible
l^wilh Aven.ie. stock .
1st mortgagefnird i4«enue—stock
25 2,000,00020 1.200,000
,... 320.0(X1501 1,850.000
20| 386,00050 4,000,000lOO 9,!.00,000
,... 1.000.000,...! 500,000
5 000,0001,000.000
700,0004,000,0001,000,000639,000466,000
I
53.000-'1,1100 '
1,000,000I
1000,0001
90
90
A.ftO.F.ftA.J.ftJ.J.ftJ.M.&8.M. ft SJ.ftJ.
Last Bid.illvlaend
M ftN.M ftN.J. * J.F ftA.
75
3X
J. ft J.J.ftJ.J.ftJ.
Jan., '76
Jan.. '76
Oct., ';9.
Aug., 75.Jan.. 76.Jan., '76.
Sept 20,75
Jan., '76
Jan. ,'76
Jan., '76.
Jan., 76
ax Jan., '76.
4
3 'Jan., '7«
7 ' ..,
1st mortgaget '"tmii/.tMra Street—ttoen. .
.
1st mortgage.
100lOOO
1001000
;o
1000100;oo
looo1001000
1666100
ioo100010010001001000IOO10001001000loco10001000100lOOO100
10001001100
9001000694,000
2,100,0001,500,0002,000,000300,000200,000400,000300,000
1,8(0,0001,200.000690.000807,000
1,'200,000
900.0001,000,000203,000748,000236,000560,000300,000797,320207,000
1,199,500350,000200,000150,000617,0007.50,000
415,0002,000,0002 000,000600,000390,000
J. ft J.J.ftJ.J.&D.Q-F.M.ftN.J.ftJ.
J.ft .
F.ftA.
J. ft J.Q-F.J.ftDJ.ftJ.J.ftJ.M.ftN.A.ftO.
J.ftJ.
?.'4D!F.ftA.A.ftO.M.ftN.M.ftN.J.ftJ.Q-F.J.ftJ.J ft J.M.ftN.
1880Jan., 76
1884Nov..'79
18T2Jan., 760.;t.,'76
1877Nov., 79
Jan., '76
Nov.. 751873
Jan. ,7618«187618851888
Nov.,751890
Nov., '75
IRilO
J»n.,"»
190101
TO100100
240100140UO
COMPANIXa,
Adriatic.«tnaAmericanAmerican Exch'e.AmityArcticAtlanticBoweryBrewers' ft M'let'rsBroaiway..-.BrooklynCitizens'CityClintonColumbia..^Oommerce rlre
—
CommercialContinentalK.agleUmpire CityEmporiumKxcliangeFarragut —Firemen'sH'lremen'sFund
—
Firemen's Trust...GebbardGerman-AmericanGermaniaGlobeGreenwichGuarantyGuardianHamiltonHanoverHoffmanHomeHopeHowardImporters'ft Trad..IrvingJeffersonKings Co. (B'klyn)KnickerbockerLafayette (B'klyn)Lamar,. ',
LenoxLong Island(Bkly.)LorlTlardManuf ft Builders'ManhattanMech.&Trad'rs'...Mechanlc8'(Bkl>n)Mercantile.. .
Merchants'MetropolitanMontauk (B'klyn).NaBSan (B'klyn)..NationalN. Y. Equitable....New York Fire ...
N. Y. ft ionkers..NiagaraNorth P.lverPacificParkPeter Cooper.People'sPhenlx (B'klvn) ..
Produce ExchangeKellefRepublicKlagewoodResoloteRutgers'SafeguardSt.NlcholaaStandardStarSterlingStuyvesant'Tradesmen'sUnited StatesWestchesterWHllamsburgClty.
Par Amount.
300,000200,000400.000200,000200,000jai.ooo200,0003(XI,00O
200,000300,000153,000300,000310,000350,000300,000200,000200,000
1,000.000300,000200,000200,0(10
200,010200,000204,000150,000150,000200,000
1,0(10,000
500,000200,000200,000aio,ooo200,000150,000600,000200,000
3,l'00,000
150,000500,000200,000200,000200,010150,000280,000150,000200,000150,000300,000800,000300.000350,000200,000150,000300,000300,000300,0002(10,000
200,000200,000210,000300,000200,000500.000350,000200,000200,000150JXI0190,000
1,000,000200,000200,000300,000200,000200,0002(10,00(1
200,000200,000200,000200,000•200,000
200,000190,000290,000300,000250,000
NXT 8VBPLTTB,
JAK. 1,
181«.*18T2 1878 1874 1875 Ijlst Paid,
3<,60<82,580
8'.n,678
eS,U6H
13,248l.'<,96ii
138,0811
423,61226,144
301,595239,167316.330317..149
192,24739,15485,880169,815600,2225<0,059111,633:»,4S913?,812146,060116,03083,5631H,02921,326509,705616,160193,09)
325,1911,682
59,6291<4,8«7392,1599 ,453
B».72346,590
198,571102,2(«40,992137,049
213,71271,121
1 5,814117,50986,973186,673103,2!(3
155,1.24
282,425320,899171,39765,503184,27625,865
l.'a,077
375,859118,16i
339,0822U,01(36,586
437,398137,1134
396,655176,229225,50'
141,040785,68921 ,'.04
71,8-25
85,94383,680•23,975
'2'«),958
136.31649,945
1 Si,734125,'^44
94,153176,0:5189,878261/111180,486374,106
Dividends.
Ja9.,7«..9Ian'78.12)<Jbi.,'76..7JaD.r'76..5Jan.,'.6..4Jan., '7ff;.5
Jan.,'Tli.,9Oec,7.1.13Jan., 78. .5
Feb.,'76.I('Jan..76.'2CJan. ,'76.. 10(feb., •76.1(1
Ian., '76. 10
Jan., '76
Jan. ,'76..
5
J.n., '76.15
Jan.76.6.6C0.:t., 75.15.Ian., *76 .7
Ian., '76.
Jan., '76 10
J*n.,76.7XJan,, '76. .8
Jan ,*76
Jan., '76. .6
F.b..76..5Jan., 76. .5
Jan. ,'76. If
Jan. .76. .10
Jan., 76.10
1010
101013
1213
10
20202010
10161010
14
30101020IC
m2012
202010
10
v:
3020'20
2015
10
10
11
10
20
12X1011-6
Via10
2020161030
Jan.. '76. .5
Jan.,76. 10
Jan., '76. 6
Jan., 76-
Jan., '76
Jan., '76..
5
Jan. ,"76.
Jan., '76, .9
Jan.,';«'..5Sept.,75Jan ,'76. it'
Jan., 76..
6
Jan., '76. 11'
Jan. ,'76. .5
Jan., '76..
5
Jan., '76.10
Jan., '76. .5
Jan. ,'76. .5
Jan., '76. .7
Jan., '76.2(1
Jan. ,'76.10
Jan., '76..
5
Jan., '76.1(1
.Jan.. 76. .5
Jan., '76.10
Jan., 76.11Jan., '76,
Ian. ,'76.10
Feb. .'76.10
Jan., '76..
5
Jan. ,"76..
5
Oit., 75..6Jan ,'76.1)
Jan., '76:10Jan. .'76.10
.Jan., 76.10
.Jal..,'76.I'J
Jan., 76. .5
Jan., '76. 5
Jan., '76..
5
J'an., 76. .6
Jan.,7« .»
Feb., '78. ISJan.,76.7XKeb.,'76..1Jan. ,'76. 5.6
Jan.,'7R.7«Feb ,'-6..s
Jan,, 76.10Jan., '76 ,15
Jan, '76,
Feb., 76Jan..7tJ»
112M80
2001
17(1
yr85^'
111'.
!!7H:300"
I
17020016013S
'95"
92X118
, "5IW1'29
117"
120100
ieo"160
ISS'
listoil
1081.13
150320
ioff
170
ISO
lio'97)t130
•205'
isa1701'
110UP'
19570170
132310175
92Xlis
260'
21016613910(1
10098
87K
i3s"
• Over all liabilities, Including re-'nsurance, capital and profit scrip.
Cttr Securities.[Quotations by Danikl A. Morak, Broker, 40 Wall Street.]
>nus csitKAM ft^w* Ittt dlVUfend on uoekt, also date of niatsrity ofbona:
yew York:Water stock 1811-63.
do 18.14-57.
Croton waterstock. .1845-51.
do do ..1852-60,
Croton Aqned'ct stock. 1865.
do pipes and mainsdo reservoir bonds
Central Park bonds. .1853-57,
do do ..1853-69.
Dock bonds 1870,
do U75,Floating debt stock I860Market stock 1865-68
Soldiers' aid fund 1863,
Improvement stock 1869do 1.0 1869
Consolidated bonds varStreet imp. stock' var
do do var,N'-w ConsolidatedWestchester County
Jersey fuy:Waterloan 1852-67,
do long „do 1869-71
Seweragebonds 186ft-69,
Assessnietit bonds. . . I87(i-7I
Improvement bondsBergen bonds
flrootlBn-CQuotatlons by NLocal Improvement-City bonds
doPark bondsWater loan bondsBrldF^ebonds ,
>Vater loan,
City bondsKings Co. bonds .
do do ,
*AI1 Brooklyn bonds flat.
INTIHEST.
Rate. Montbs Payable.
Feb., May Aug.ft Nov,do dodo dodo dodo do
May ft November,Feb., May Aug.ft Nov,
do dodo do
May ft November.
Ffb.,May, Aug.ft Nov.May ft Novcnber.
do dcdo dodo dodo dodo dodo do
January ft July.
January ft July.do do
Jan., May, July A Nov.
January and July.
BsiRs. Jr., Broker, 2X
January ft July,do dodo dodo dodo do00 dodo do
Hay ft November.40 do
1877-801877-791890
1688-901884-19111884-19001907-111877-981877-961901190S1878
1894-9718761889
I87»-9019011888
1879-821896ItM
18771895
1S99-19021876-791876-911905
1876-1900
Wall St.)
1876-80 101
1881-nr. 1II5K1915,24 113
1903 1I4K1915 113
1902-1905 :ux1881-95 l(2«laso-vs 106
1980 1U4X
9)HIl
961(i2X
IS*-10896 '
100
114102X101 >,
'101
102 X105
114
102X104X113im
99•6104
100100.06102
100103n105KB11?lOSn
105.
11.1-
1(B.
102113
m"11411«106198114
10]
989710"WIM.1t<7lOSH
tot109115
1I7H115lOSH1041(4 X
^Maich 11, Ic 6j THE CHRONICLE* 253
3nt)e6tmen}0
STATE, CITY AND CORPORATION FINANCES.
The " Investors' Supplement" Is published on the last Saturday
tof each month, and furnished to all regalar sabscribers of the
'Chronicle. No single copies of tlie Supplement are sold at the
office, as only a sufflcient number is printed to supply regular
subscriberii. ^^^^^^ANNUAL REPORTS.
PennsylTania Railroad.
{For the year ending Dee. 81, 1875.)
OPERATIONS OF WHOLE LINK.The total earnings and expenses of your main line from Pittg-
burith to Philadelphia, including branch and leased lines, andfrom Philadelphia to New York, including the Delaware andRaritaii Canal, and Belvidere Delnware Rtilrond and FlemingtonBranch, and of the Philadelphia and Erie Railroad, were as
follows :
GROSS EAHNINOS. WORKIM«3 XZFXN0EB.Qfneral frelRhts $JS.807,6«0First-ctaos pac^sengers 6,fM0.646
Emigrant pftssengers 196,973Express matter 552,118Malls 291,67?Miscellaneons 787.373Clonal earnings (Delawareand Raritan Canal) 1 ,067,660
Totol ... $514,464,104
N et earnings, 1875 $li(,a6«,648Dednct interest charged equipment used by leased roads :
Philadelphia and Erie $182,797Belvidere Delaware S8,i;9Branch roads 63,648
$278,615
Conducting transportationMotive powerMaintenance of carsMaintenance ef roadGeneral expensesCanal expensfs (Delawareand Raritan Canal)
ToUl
$r,49?,66a5,91.3,6 14
1,921,2604,743,255476,600
541,03(
$21,094,461
Deduct rentals paid leased roads
:
Philadelphia and Erie $964,616Belvidere Delaware 229,048Branch roads 489,171
$18,096,097
1,672,8.31
Learlng as net earnings from operations $11,423,196Ust earnings of 1871 after deducting renta's $12,319,962
But after adding to 1874 |517,007 which were included in ex-penses in 1875, but in rental account of United Companies ofN. J. in 1874, the result is as follows :
Net earnings, 1874 $12,'8fi,970J<et earnings, 1875 11,423,196
Decrease in 1875. $1,413,774
MAIN LINK AND BRANCHES, PHILADELPHIA TO PITTSBURGH.
The operations of the main line, Pittsburgh to Philadelphia,with branches and leased lines in Pennsylvania, except thePhiladelphia & Erie, were as follows :
Decrease from1875. Is74.
Earnings from general freights $15,6S1,7I1 $1,575,763" from passengers, flrst-clasa 3,816,6;3 461.078" from passengers, emigrant 125.631 25,503
from express matter 350,999 2i,.^45
1-2,758 10,856
53,371
from mailsfrom miscellaneous . 535,452
Total $20,493,281
GrMt earaiageEzpeasee...
$3,149,119
. $-«i,493,25I
, 11,794,053
Leaving net earnings, 1878 $8,699,198Dadnct rentals and interest on equipment 581,810
Net earnings, dedncling rentals, &c $8,147,388Net earnings of 1874, after deducting rentals 9,896,924
Decrease in net earnings, 1875 $1,249,5.38The gross carLlngs In 1875 were 20.J9.3,251And in 1874 were 21,642,871The gross expenses, including rentals and interest on equipments,in 1875. wtre $1J,845,SB8
Those of 1874, including rentals, were 13,245,447
Showing a decrease in gross expenses $89:',583The groFs earnings of branch lines Included In above statement inI875werc $2,129,30S
The expenses of operating, including rentals, were 2,087, 124
Showing a direct net profit of #4J, 183The actual cost of operating the main line in 1875, excluding
branches, was .55 87-100 per cent of receipts, and includingbranch lines, 57 55-100 per cent. In 1874 tlie cost of operatingyour main line, excluding branches, was 54 25-100 per cent, andincluding branches, 58 49-100 per cent. The increased tonnagecarried during the year will show that the actual cost of doingthe work was relatively less in 1875 than in 1874.
THE UNITED RAILROADS OF NEW .lERSET.
The gross results of the New Jersey lines, embracing the Phil-adelphia & Trenton Railroad ; the Connec ing Railway ; UnitedRailroads of Now Jersey and branches; Belvidere Delaware Railroad and Flemington branch, and the Delaware <& Raritan Canal,are sum med up as follows
:
Gross earnings $10.6(M,956 17Oro^B expenses 7,071,924 27
Neteamings $3,533,080 90Dednct Interest on equipment Belvidere Del 28,173 60
$3,504,861 80197,579 82Add cash received tor Invtstmeuts.
Total net reveane $3,702,431 12
Amount paid on account of dividends. Interest, rentals, includ-ing iMwe of connecting rood, taxes and tranait dntiei, expeases of maintaining erganlzatloae, etc 4.8SO,0M 81
Loss In operating United Railroads and Canal of New Jersey forief5 $«47,6<ft n
This loss is largely due to th« ^eat reduction in coal tonnageover the Belvidere Delaware Road, the Main Line and the Canal,the anthracite production having been practically suspended for
seven months of the year, and also to the extremely low rates at
which through freight was carried during the first half of theyear.
The earnings of the United Railroads of New Jersey andbranches, and of the Philadelphia & Trenton Railroad, were la
1875:From general freights $.3,761,990From passengers, flrst-class 4,870,939From passengers, emigrant.... 0V,946From express 189,840Frommails 60,748From mlscellaneons 10896S
$8,64S,»MExpenses 5,8W,741
Net earnings, 1876 $«,74»,18t
The gross revenue shows a decrease from 1874 of $57,044, andthe operating expenses a decrease of f435,2!)l.The actual cost of operating the Unitid Railroads of New Jer-
sey, including branches, deducting transit duty, rent of Connect-ing Railway and interest on property, and excluding BelvidereDivision in 1875, was 68 19-100 per cent of the receipts.
BELVIDERE DELAWARE RAILROAD.
The earnings of the Beividere Delaware Railroad »nd Fleming-
ton liranch were in 1875 :
From general frelghU $692,867 81
From passengers 185,26169From express 4,072 21
Frommails 6,0S9 36From miscellaneoiu.... 5,579 15
Total $8.13.870 UExpenses 636,146 81
$257,223 2«
Deduct interest on equipment 28,179 60
Leavicg net earnings. 1875 $«9.048 6!l
The decrease of gross revenue as compared with 1874, was.... $3*2,277 93There being a decrease In expenses of lC9,32t 51
The decrease in net earnings was $212,956 42
DELAWARE AND RAHITAN CANAL.
Tlie earnings of the Delaware and Raritan Canal in 1875 were :
Promtolls $660,616 S.'i
From steam towing , 397 ,622 04
From miscellaneous 9,422 29
Total $1,067,660 68
Expenses M1,08S 76
Leaving net earnings, 1876 $fS<',624 f2
Net earnings, 1874 ,552,108 59
TONNAGE AND RATES.
On the main line and branches between Pittsburgh and Phila-
delpliia, tlie tons of freight carried amounted to 9,787,176 ; in
1874, to 9,118,419 tons, showing an increase of 7 3 10 per cent., or
668,757 tons over 1674. Embraced in this were 4,731,430 tons of
bituminous coal, coke, and anthracite coal, being an increase in
that traflic over the previous year of 532,099 tons.
The United Railroads of New Jersey show a slight increase in
the number of passengors carried, being 7,846,239 as against
7,837,317 in 1874 ; the number of tons of freight moved being
3,469,786 tons as against 3,467, 9."'2 tons in 1874.
Tlie following table shows the average earning from freight
and passenger I raffle, and the cost of moving it per net ton andper passenger per mile on each of the divisions worked by the
Pennsylvania Railroad Company
:
Av. earn- Av. cost Profit Av. earn- Av. cost Averageings per per pas- per pas- tngs on on freight profit onpassenger senger scnger freight per per ton freight prper mile, per mile, per mile, ton per m. per mile, ton perm.Cents. Cents. Cents. Cents. Cenis. Ccnta.
Pean. KR. & Br.. 2 351-lOCO 1 (,69-;0OO 682-1000 1 058 1000 8161000 442-1000
United RRs.ofN.J. and Br 2 IBMtOO 1 778-1000 959 1000 2 066-1000 1 601-1000 402-10(0
Belvidere Div.... 2 8M-1000 2 828-1000 048 1000 1 4(8-1000 9tl2 1(00 606 10"0
Phila. AErie.... 3037-1000 2 951-1000 0OS6-10(.O OS65-100) 671 1000 02!>4 lOCO
It may also be noted that the cost of moving traffic upon the
main line of your railway and brandies, with their crossings of
the Allegheny Mountains, is much belnw the cost of movingsimilar traffic upon caunls.
The company has moved over its main line during the year 7
3-10 per cent, more tonnage than in any previous year of its
history, for a gross earninir i>f |2.I49.119 38 less than In 1874.
Its expenses have been reduced $899,583 71, showing a decrease in
net earnings of $1,249,535 07, which is attributable to the causes
stated, namely, the great depression in the coal and iron interests
and tl«e general trade of the country, and to the unnecessary andunwise competition that existed on through, traffic during the
early part of the year. The relations between the several trunklines are now satisfactory, and ther« is no good reason why they
should not so continue.INCOME ACCOUNT PENNSYLV.VNI A R. 11. CO. FOR THE TEAR.
The following general summary of receipts and payments showsthe income account for the year:
Net earnings Pittsburgh to New York. Ineladlng all branches,leased linos and Philadelphia * Erie $13,096.0*7
Interest and dividends received from Investments:Cash receipts $1,969,278
In securities of other companies, amoonting to $9,861,400,estimated as worth at least 1,177,960—8,147,186
m25 i: fHE CHRONTCLK [March 11, 1876.
Interest from Invcstmenta with the lease of the United Compinles,cash 197,579
Total omonnt available fnr rentals, interest and dlTidends $16,440,843
Out of which have been paid :
Dividends of 8 per c<>nt. on Pennsylvania Railroad stock, 16,509,493
Taxci paidStHte of Pennevlvanla 495.854
Interest on bonded and noatmg debt Penn. Ilallroad.... 3 01i,451
Kent, HarrlsbnrK A L. Road 131,SM
Pilid Stale of Penn., injlalnient 46'i,(XK)
Rental I'liiladclphia & Flrie Railroad 9)4,616
Rental IkUidere Delaware Railroad SJ 1.013
Rental paid branch roads connected with the main line . 489,1 il
Dividends, interest and rentals, &c., on account of lease
(ifUnitedN. J. Co's 4,131,053-1..,<0j.913
Balance •• ....81,034,929
Amount received in fettlement of open acconnte that were adjusted^
diuiiig the year j,35t,66j
Total to credit of profit and loss 8"^i'88,5'.)4
The President's report remarks that the [ireceding figures showthat the company, after making all the payments above named,
had a net balance, including the amount received in settlement of
open accounts that were adjusted during the year, of f3,386,-
594 57 to be carried to the credit of profit and lo.ss. Against
this amount have been charged the discount on the two millions
sterling mortgage bonds of the company sold May 7, 1874, whichwere delivered early in 1875, and the five millions of 6 per cent,
currency dollar bonds sold in Philadelphia during the year, the
premiuii' on exchange remitted to redeem the second mortgagesterling bonds that matured March 31, 1875, and other items,
amounting in the aggregate to $1,230,393 59. The balance, |1,-
056,195 58, has been transferred to profit and loss, ho that the
sum standing to the credit of that account at the end of the year
was increased to |10,077,839 14.
Your board of directors have deemed it best to continue the
policy referred to in the last annual report, ol holding the
amounts to the credit of the contingent fund $3,000,000, andprofit and loss $10,077,839 14, as a margin to cover any deprecia-
tion in the value of the securities owned by the company, whichremain on the books at their cost, and to meet requirements of
the company.In addition to this reserve, the stockholders will remember that
during the hiBtory of the company it has from time to time re-
duced its actual cost of canstru.;tion and equipment, so that the
general account shows a charge for the main line, including newsfations, wharveF, shops and shop machinery, of $53,660 906 41,
wliile the cash expenditure for those purposes to December 31,
1875, is $81,863,775, showing an excess of actual property in the
possession of the company, not represented in its accounts, andwhich may be considered an additional^reserve, of over $27,-
000,000.The proceeds of the two million pounds of sterling bonds, sold
May 7, 1S74, as stated in the last report, were received during
1875, aiid appropriated to the payment of the $4,835,840 of second
mortgage bonds, which matured March 31, 1875, and to the
adjustment of construction and equipment expenditures, andother oblinations of tlie company incurred prior to 1874.
In order to provide tlie means necessary to cover the cost of
construction and equipment as estimated in the last report, andalso to pay off other liabilities of the company previously incurred,
it was deemed advisable to make a sale to Messrs. Drexel & Co.,
of Pliilndelpliia, of five millions of 6 per cent, currency bonds,secured by the consolidated mortgage. The company has met all
these expenditures and liabilities, and is now—for the first time in
its history of ticcnty-nine years—without any floating debt, and hadon deposit to its credit January 1, 1876,88 follows:
In Iheh.nnds of its Treasurer $3,480,913 21In the hands of its London Agency 1,166,14166In the hands of other parties 877,S43 81
Making a total of $4,924,898 E8
which is applicable to the payment of interest, dividends andexpenditures.
It will be observed that the amount received from the invest-ments of the company exceeded all the interest paid on its bondedand other interest obligations, leaving a surplus of $134,783 58,and sho«iii<j that tie average return from those investments ontlie amount at whicli they stand charged on the books of thecompany, being $70,759,012, was over 4 per cent, per annum.
LINES WEST OP PITTSBUUGH.
The linep owned or otlierwise controlled by your company westof Pittsbuigli are all operated by the Pennsylvania Company, a
corporation having its giuieral office at Pittsburgh. Under this
arrangement tie liabilities of the Pennsylvania Railroad Com-pany west of Pittsburgh are all met and provided for out of theearnings and revenues of the lines we.st of that point ; and therevenues of the leased roads showing a surplus, are used by the
Pennsylvania Company to meet, in proper form, such deficieixies
as may occur upon any of the other lines under its control ; this
is now effected in a manner that relieves your compauy from pro-viding for these responsibilities.
The total earnings of all the lines operated by the Pennsyl-vania Company or controlled through that organization in theinterest of your companyFor 1875, were. .". $53,632,761
Expeuses I,^,<I79,679
Leaving net earnings of $8,I6:1,i'81
Deduct rentals, interest, dividends, and llabllilles of every kindchargeable iberete 7,473,7B9
Net profit in 187,5 on lines west of Pittsburgh $679,291The entire outisy for conetruetion and equipment on all the lines
west of Pittsburgh for 1875, was 376,486
All these lines, with their equipment and facilities, are in
better condition than at the close of any previous year.
C. C. & I. C.
In the rentals of Western Lines, as above stated, are in-cluded the net earnings from the Columbus Chicago & IndianaCentral Railway during the year. It is believed by the PittsburghCincinnati and St. Louis Railway Company that by reason of thefailure of the C. C. & I. C. Railway Co. to perform its coven-ants under the lease of its road to the former company, the leaseitself has been practically terminated, and notice liaa been givenand proceedings instituted by the Pittsburgh Cincinnati & St.
Louis Company in accordance therewith. It is hoped that thelitigation relating to this subject will be terminated during theyear, and that, upon its conclusion, the two companies referred
to will arrive at some adjustment for the future operation of thelines belonging to theC. C. & I. C. Company, Xvestof Columbus, ona basis that will be equitable and fair to all interests, and give^^the owners of the property every possible earning and advantat^s^pthat can be derived from it in the future. In connection with this
subject, and to correct any misapprehension that may exist, it is
but proper to state that no endorsement of any bond of the C.jC. k I. C. Railway Company wan ever made or autliorized to bi^Hmade by this Company. '^T
Several committees representing the bondholding interest of
that company have had interviews with the officers of your com-pany during the past year, with the view of perfecting a basis
under which the property of the Columbus Chicago & Indiana
Central Company could be put in a reorganized form that would'relieve it from many of its old complications, and preserve its
representation in a decreased amount of bonds and an increased
amount of stock ; but as yet no definite plan has been decided
upon. It is hoped one may be reached during the present year.
NEW CONSTRUCTION AND EQIPMENT.The estimate in the annual report for 1874 of the amount that
would be required for construction and equipment purposes i^^
1875 was $3 300,000. The sum actually expended was $3,365,«
505 57.
During 1876 there will be needed for similar purposes, accord-1
ing to the present estimates, about $3,500,000 to meet the requi
ments and additions for the New Jersey division and the mala;
line.
The total amount expended and required to be expended in
providing the pasfenger station, 100 by 300 feet, and other ter-
minal facilities at the Centennial grounds, including the various
buildings, railway tracks, and improvements connected therewith,
as per estimate, is $119,341 51, which it is proposed to deductfrom the earnings of the Centennial ytar.
Forty three first-class locomotives were built, also 761 ne'
stock, box and coal cars, in addition to the maintenance in goo.d.
condition and the necest^ary renewals of our large equipment.
In order to meet the requirements of our increasing coal trade,
arrangements were made, through car trusts, by which 3,000
eight-wheel coal cars, of fifteen tons capacity each, were placed
upon the line during the year at very llw prices.
During the year, 333 eight-wheeled coal cars were purchasedfrom the Kittanning Coal Company at a valuation of $475 per
car, or $105,450, which amount is now included in our equipmentaccount.
An addition to the passenger car equipment to provide for
Centennial travel is now being made, embracing one hundred andfifty new passenger cars, at a cost of $4.")0,000. This amount will
be charged to construction and equipment account,
OENBRAIi BALANCE BHEET, DECEMBER 81, 1875.Dr.
To capital stock $68,870,290
To mortgage bonds $5l,SI9,7ii0 r .
To lien of the Slate 6,00?,.360
TogroundrcntsatOpcrcent 9), •)61—59,318,481
To Hccount'* payable, viz.
:
Passenger balances due other roads .3".!6,.381
Pay-rolls and vouchers for December, 1875 2,546,849
Cash dividend unpaid Ii7,575
Dividend scrip of 1*73 B.snSundry accounts due sther roads 2,679,733— 5,689,153
To stjcuritics of United N. J. «o.'p, and transferred wilh lease 3,8i(5,584
To amount of fuel and materials, Ac, transferred with lease ofUnited N. J. Co.'s 354,635
To eiiuipment of road and canal, United N. J. Canal Co.'s, trans-
ferred with lease 4,409,321
To contingent fund 2.1 00,000
To balance to credit of profit and loss 10,077.839
$154,615,243
Or.Constrnction between Ilarrisbarg and Pittsburgh, Includingbranches, in all 323 miles, and cost of stations, warehouses andshops, on the whole road from Philadelphia and Pittsburgh $J2,74J,977
Purchase of the Philadelphia & Columbia Railroad 5,375,733
Equipment, including shop machinery, and equipment of canal,
cinisisting of schooners, barges, and lugs 16,748,920
R' al estate and telegraph line 6,7ti2.775
Extension of Penn. Railroad to Delaware River 2,036,550
Total amount charged to construction, equipment and real
estate accounts for the Railroad between Phila. and PiUsb'gh $53,656,966
Other assets-Cost of bonds of railroad corporations $29,892,341
Cost of capital stocks of railroad corparations 29,155,626
Cost of bonds and stocks ol nmuicipal corporations,coal, can.nl and bridge companius, and investments notothei wise enumerated -.,.- *.... . - 10,311,041
Cost of bonds representing contingent fund 2,000,000
Total cost of bonds and stocks '"•''^M'aInsurance fund 278,738
Bonds and mortgages on real estate ^^'"loiAmount expended for purc'iase of anthracite coal lands 841,621
Appraised value of secnrities owned by United N. J. Co.'s, trans-
ferred with the lease ^''^S'S^Equipment owned by United N. .1. Co.'s, transferred with lease— 4,409,321
Amount of fuel and materials on hand 8,597.831
Amttuwt of bills and accounts receivable and amounts due fr(*m
othi'r roads. Including advances made to railroad corporations for
construction and purchase of equipment nsed on their lines, viz.;
Northern Central Railway,. $239,958
Philadelphia & Srie 234,964
March II, 1876.]
United N. J. RR. 4 Canal Co.do dodo dodo dodo do
THE CHRONii liE. 255
-ConBlniclloD 440,915
8iuk. fund A redempl'n 741),400
Harnlmus Cove , . S\f',iTi
Real DBtato 6'i5. 91«
RcccipU&disburacra'la l.iO4,06i
rjthcr companies •H,49«,510— 10,
Cash balance, to pay ctupons duo In January, 1816 1.
Cash baancc In hands of freight and passenger agents 1,
Cash balance in hands of Troasurur 3,
OiiS.lM4a3.:iK'i
111,441
i4b0,»!8
^B The
Chicago & Alton.
{For the year ending December 81, 1875.
The annual report has tue following:
tlM,e:5,U3
LEMQTn or ROAD OrSRATKD.M'llnLine.
Chicago to Joliet (lensed) .• 3''20
Jollet to East St. Louli. (owned) 243 60
St. Lonls Jacksonville & Chicago (leased) 150 BO
Dwiirht to Washington and Hr'ch to Lacon (owned) 7'J 80
hoodlioiise t<) LouiBiiina (ownefi) 38"t0
Louisiana &, Missouri Uiver KB. (leased) ... lOO'SO
SecondTruck. Sidings.ti-48 l<i-4ii
3(1 DO M («Vl-iA
. • . • 113-M8-97
53-98 101 04650 00
LEASES AND CAPITAL ACCOUNT.
The aggregate len(;t)i of the lines of railway operated by your
company, under perpetual lease, is 288 6-10 miles. In each case
the terms of the lease require your company to make all necessary
improvements and adtlitions to the railway, and to provide rolling
stock for operating it. In pursuance of such reijuiroinents, andtlio demands ol tratPic resulting from the operations of tlie leased
lines, your company has, during the last ten years, expendedfrom the proceeds of its several issues of stock and bonds about
$4,500,000. The Joliet & Chicago Kailroad, and tlie St. Louis
Jacksonville & Chicago Koad have both been greatly improved
by the expenditures referred to, And all of the leased lines are
now worth to your company much more \lian an amount whichwould be fairly represented by the annual rent paid.
Tbe stock and bonds issued by your company represent the
cost of lines owned by it, and the expenditures made for improve-
ments and rolling stock upon lines held under lease. The addi-
tional cost to your company is sliown by the several sums of
annual rent paid, which may be capitalized for the year 1875, as
follows :
Rent paid Jolict & (^icago Railroad Co $131,605 00Capaalized at 7 per cent, represents il,8S0,071 43
Rent paid lo St. Louis Jaclisonvillo & Chic. RR. Co . 310,000 OaCapitalized at 7 per cent, represents ?,4J9,571 43
Rent paid Louisiana & Missouri River RR. Co 41,801 24Capitalized at 7 per cent, represents 697,100 67
Total 85,'JO5.803 43Add amount of stock and bonds Issued and assumed by C. & A.RR. Co 80,500,400 00
Total $46,418,203 43
Although the actual cost of each of the roads operated was,
and, if constructed at any time during the last live years, wouldhave been, much greater. The foregoing statement is assumed to
fairly represent, for the purposes referred to, what is commonlycalled permanent investment.
OR088 EARNINOS IN 1874 AND 1875.
From— 1874. Per Cent. 1875. Per Cent-Passengers 81,4S0,3S0 87 7-10 $t,25J,B88 2« 1)-I0
Freight 3,446,880 67 3-10 3,l73.tl31 68 2 10
Express 101,039 2 98,880 2 1-10Mails 109,697 2 1-10 9(1.192 2Uiecellaneons 48,240 9-10 35,470 8-10
Total $5,126,288 $1,656,763
The gross earnings in 1875 were reduced $455,389, comparedwith those of 1874.
OrERATIN* EXFENBES.
For-Conducting transportation. ..
Motive powerMaintenance of wayMaintenance of carsGeneral expenses
1874. Per Cent.$802,693 2S 8-10799,720 2S 7-10781,140 28248,386 8 7-10162,409 6 8-10
1875. Per Cent.$7.' 5,481 29729,442 28716,610 27 6-10249,910 9 6-10152,695 5 9-10
ToUl $2,789,351 $2,604,125
The operating expenses, in 1875, were reduced $191,755, com-pared with 1874.
SITHHART or EARNINOS AND EXPENSES.1874. 1875.
Earnings from all sources $5,126,228 $4,666,768Operating expenses 2,789,351 2,604,125
Netearnings $8,336,876 $2,052,638Percentage of gross earnings 64 41-100 55 92-100
INCOME ACOODNT.
Balance at the credit of this account, January 1, 1875 $119,893Gross receipts fiem trnfflc 4,656,763
Total $4,776,657
DISBURSEMENTS.
Interest on funded debt $674,884Interept on convertible scrip 70.553Ht. Louis Jacicponvillo & Chicago, rent 240,000Joliet &, Chicago, rent 131,605Louisiana & Mlssonrl RR. rent 41,801Dividends, Nos. 21 and 25 1,021,572Sinkingfnnd 47,CO0Operating expenses (less taxes unpaid) 2,523,266—4,660,071
Balance, December 31, 1875 $126,585
The hostility of the grangers has been manifested for severalyears by an attempt to tax railway franchisee, capital-stock indebt-edness and property—in onr opinion unjustly—and State andcounty taxes a.ssessed against your company t'lr the years 1873and 1874, excepting the taxes on personal property, have not beenpaid. The act of the Legislature, under which these taxes wereevied, was deemed unconstitutional, and the assessment, upon
which the taxes were levied, to be in violation of the law. Buitawere brought in the tlie (Mrcuit ('ourt of the United Htaten, andthe company was enjoined from paying these taxes. After • lull
bearing, the ioj unctions were made perpetual, and the Stateauthorities appealed from the decision to the Supreme Court at
Washington.
FASSBNOKB AAD rRBIOHT TRAFFIC.
Tlie number of passengers transported during the year was803,204, or 4 04-100 per cent less than during the preceding year.The proportion between throiigh and local passengers being4 89-100 per cent of the former to 95 11-100 per cent ul the latter.
The average rate paid per mile bv all pasaeugers, in 1874, was.1 207-1000 cents. Average rate in 1875, 3 12(1-1000 cenU. Num-ber of passengers carried one mile, 39,913,851.
The Ireight transported during the year amounted to 1,545,802tons, an increase of 8 77-100 per ""eot over the amount transportedin ly74. The amount of local and through freight being 83 35100per cent of the former to 11 05-100 per cent of the latter. Thenumber of tons of freight transported one mile was, in 1874,103,380,070 tons, and in 1875, 108,923,879 tons. Increase, 0,013.-
303 tons. Average rate per ton per mile was, in 1874, 2 123-1000cents ; In 1875, 1 878-1000 cents. Decrease, 245-1000 cents permile.
LMrnOVEMENTB.Thore have been expended during the year for locomotives and
additional cars purchased $'<5,004 30. For additional cost ofsteel used iu track repairs, over cost of iron and for improvemeiitof permanent way, $353,400 81, and sundry smaller amounts forimprovements, making an aggregate of $533,710 30.
ClIICAOO & ILLINOIS nlVKU ROAD.
On the 37th of January, 1875, a circular was forwarded to eachstockholder in relation to the proposed loase of the Chicago &Illinois liiver lliilroad, which had been built from Joliet to theMazon river, traversing the Wilmington coalfields, upon a line
nearly parallel with yours, at a distance of about four miles,
threatening formidable competition with your railway. A major-ity of the stockholders having consented in writing to the leasingof the road between Joliet and the Mazon river, the board of
directors directed a lease to be executed, and it was made on theIst day of March last. The lease provides for operating the roadby your company upon an agreed basis of 70 per cent, to be retained
for operiitiug expenses, and for a division of the net earningsfrom the coal traliic on the line of the Chicago & Illinois UiverRailroad Company, and that of your company between Joliet andthe Mazon river, your company taking 3-3 and the Chicago <&
Illinois River Railroad Company taking 1-3; and for the paymentto the Chicago & Illinois River Railroad Company of 30 per centof the gross earnings from other trafBc. In pursuance of theauthority granted, the board directed the guarantee by your com-pany of the coupons attached to 700 7 per cent currencythirty-year bonds for $1,000 each. The payment of the bonds andcoupons was secured by a mortgage of the rental to be paid to
that company, and certain coal lands. Afterwards, by agreement,the amount of coal lands embraced in the mortgage was reduced,and the Chicago & Illinois River Railroad Company retired andcancelled 336 of the bonds, above mentioned, and the couponsthereto attached, leaving 474 bends outstanding. The road hasbeen put in running order, and is now operated by your company;but Biifficient time has not elapsed for the development of the coal
fields on the new line to produce much additional coal traffic.
We are, however, well satisfied that the increase of traffic andother advantages, resulting from the operation of that line by yourcompany, will fully compensate jou for all that is to be paid for
its use. By an agreement entered into iu November last betweenthe Chicago Pekin & Southwestern liailroad Company, theChicago & Illinois River Railroad Company, and your company,the first named company was granted the right to run its trains
over the new line, upon payment of its proportionate share of the
interest on the value of the road, and the expemw ol keeping thesame in repair.
GENERAL REMJlBKS.
Continued experience in operating the leased lines confirmstheir estimated value to your company. The gross earnings uponyour lines during the last year were less than for any year since
1S68. If the reduced earnings had been due to the opening of newlines competing with yours, or to any cause of a permanent char-
acter, it would lead to serious apprehension as to the future valueof your property, but to all who have been well advised as to the
crops, during the last two years, in the country traversed by yourlines, the cause of this large decrease in earnings is apparent.The large reduction ih passenger receipts results, to a considerable
degree, from the general prostration of business throughout the
country. But the number of passengers, as well as the amount of
freight transported, has been largely reduced by the successive
short crops.
The following are the principal items, and the totals, of eachside of the general account:
GENERAL BALANCK8, DECE.MBER 31, 1875.
Cast of road and equipment $17,806,956 90Machinery and tools in shops 1E5,5<6 67Meyer & Tilden, Trustees ST,818 39Bonds held by Trustees on renewal account 60.1100 00Mississippi River Bridge Co 78«,7I8 32LouiHlanu Branch, cost of construction. 1.*89,4S9 92Western Division, cost of construction 1,:09,313 17
La. lib Mo. IC. RR., advances for interest on bonds on acconnt ofrenUl 161,918 S9
Due from stations 65.0J7 96Supplies on hand, per Inventories $538,665 37Less amount set apart for suppUea 500,000 00— S'.tiS S7Casbenhand 43,266 37
Total (including varions small items) $21,6}i,ll00 Bl
266 THE CHRONICLE. (March 11, 1876.
Capital sbook, preferred $S.4Jo,400 OOCapital stock, common 9,6t»,lu0 00-OoBTertlWe scrip of 1872, ontetandlngFunded debt..Sinktnj; fund, bi'iid^ paid and ciacclledSundry bond** ami stock unissiicd. pur contratyouisinna A Mipsoiiri Kivor hR. bond fnndUnclaimed wapcti. including December piiyrollBDue for Mpplies purchflBed inPecember.'DueSt. L.J. & C. RR. Co. on account «f rentalIncomaaccount—Surplus December 31, 187i
12,n74,.'jOO no388,700 00
8,n.'i,«oo 00574,(100 0"37,81:1 .3!1
Sfi4.908 90HJ,S7i «o
.H),000 44146,585 53
Totiil (inchidlnc smaller itcme)... $51,844,900 61
IlIinoiH Central Railroad.
{For thi year ending December 31, 1875.)
The annual report has tte fgllowing :
"The revenue from traffic and the receipts from thp Land Office
havt. provided tor IUh interest charge and for the usual dividendupon the shares, leaving a surplus of |109,023 56 at the credit of
income account, whicli is fSTilS") 23 less than the surplus at theclose of last year. The net traffic of the line was |2,«70,081 92.
and the income Irom land $223,297 42. The bu'lness suffered
from the prtRsiire of competition by lines adjacent to our own,that have been obliired to suspend intereHt payments upon their
debts. The directors expect less interference from this source thepresent year. We have, besides, to report an exceptional harvestof corn, more abundant than any for several years. Several large
claims upon tke company, of m^iny years standing, have beenliquidated, leaving us at the present moment free Irom any, ex-
<cept such as arise Irom actual current busines'.
"Steel rails have declined to al)out half the prices paid three.years since. We have 12,000 ions purchased at the present lowvates, and have ordered ."iOO freight cars to be in readiness on thefirst of May, and shall, if the traffic develops as the managers ofthe line anticipate, increase this number. To meet these outlays,£200,000 sterling 5 per cent, bonds have been sold at a fair
premium." The benefit of the Southern line has proved, the past year,
about equal to the interest charge which the company has incur-red in promoting its construction. But we have not di rived thelarge traffic which would have been obtained, if the managers ofthat line had pos8es.'<ed the means thoroughly to equip and main-tain their road. The directors are negotiating with the owners ofthis property, in the hope that measures may be concluded whichwill put this line in good worliing order Irom Cairo to NewOrleans, and give the advantage which has hitherto fa'led tn
accrue to our interests.
"The present debt of the company is f9,765.000; the sharecapital $29,000,000. On the 31st of De.cember tlie company owned301,636 40-100 acres of land, and held $686,035 80 land notes."
COMPARATITK 8TATIMENT OP EARMIN8S AND EZPINSBS TOR THB TEARS 1874AND 1876.
1875. 1875.
Freight .. .. $5,4!10,9W«Pafsenger 1,6(SS,494
Mail.BzpresBExtra baggageSteeplne carsRent of propertyRent of tracksStorage and dockage.SwlichingTelegraphingTrain-news agency...
.
Cairo wharf-boatBam'ga Cairo ferry. .
.
181.954187,813
34,32894,467158.128
1«,:M6
26,US'
2,483.^,096
89,56*1
Total t7,8»I,781Operatlrg expenses 3,!i89,447
Net earnings 3,854,331
1874.
$5,701,6741,879,45716^,447141.634
4,491
27,649411,807
Increase.
$13.5:4
Dec'se.$209,577
10,964
13,674
6,673
158,128
4.48:1
6,0:t6
89,566
13.S204,491
116,8:19
i;326
'621
$7,947,8554,010,150.3,917,704
$106,07340.70865,369
• This amsnnt covers $78,460 74 gross earnings over T. P. & W. RR., and$464,474 64 net earnings over the C. S. & Q. R.
The follpwing gtatistics of the year are interesting
:
Increasein 1875.
11,091.658
9,444.8't8
l,ii66,760
81,904
1876. 1874.Gross eaniings per mile of road. $7,079 3:1 $7,175 09Operation exp'ses per m. of road. $1,601 5.S $3,B3S .30
Net receipts per mile of road.... J3,477 77 $3.536 79Tons freight transported 2.016 414 2,069.935Tons freii;ht carried one mile... 484,650,911 473,.55«,453Revenue per ton per mile 1 !):l-100c. 4 08-luOc.Revenne from local freight $4,823,541 $5,002.9)9Tons of local freight 1,714,204 1,766,889Tons local fg^it cirried one mile 4::3,.334, ;t 6 443,90!<,468Reveaue per ton per mile 2 u7-100c. 4 43-10«c.Tens of through freight 304,418 .303,046Revenue received from same $667,453 $697,644Tons carried one mile 51.316.71.) 49.619,985Hevemueper ton per mi'e 130-100". 1 40-lOOc.Nnmber passengers cirried 1.648,541 1,586,6:17Number carried one mile 50,848,503 51,116,4(18
eENEBAL BALANCE SHBET, DEC. 31, 1875.
Pennanent eipcnditnrci', Illinois $36,169,961 22Permanent expenditures, Iowa 643,335 13— $36,793,816 36Workins; stock of supplies 5iii,l3i 95Iron and steel rails on hand 327,654 16— 884 084 11Cashassets 1,169!403 90Miscellaneous assets 34g ooo 00Seven percent bonds ef the New Orlaans line.' ..'. 4,814loOO 00
Total $44,034,814 :6
Shares.... $89,000,000 00Fnnded Debt- . "* ' '
Six per cent currency redemption boadsof 1990. $2,.500,00fl 09Six per cent sterling bonds of 1865, £500,000 . . . 2,530,000 00Fivepercentsterllngbondsjof 1903, £910,000.... 4,701,000 00
Seven per cent construction bonds, due April I,
1875, not presented far paymentSorplnsBalance at credit of Income. , , , .
$g,701,OCO 00
61,000 00— 9,765.000 005,160,780 80109,048 56
Total ,,.,^.... ........ ...... $44,034804 i
Union Pacific Railroad.
{For the year ending December 31, 1875.)
The annual meeting of stockholders was held in Boston on the8th inst., and the following board of directors was elected for theensuing year ; Oliver Ames, Elisha Atkins, Sidney Dillon, F. Oor.don Dexter, Benjamin E. Bates, Oliver Ames 2d, James D. Smith,Charles J. Osborn, Samuel M. Mills, Jay Gould, B'zra H. Baker
;
S. H. H. Clark, of Omaha ; Joseph Richardson, John Sharp, of
Salt Lake; G. M. Dodge, of Council Bluffs. Of these gentlemenall were members of the board last year witli the exception of
Ezra 11. Baker, who succeeds his deceased father, and S. H. H.Clark, general superintendent of the road, elected in place of
George 8. Scott.
The directors afterwards met and organized by the choice of
Sidney Dillon as President, Elisha Atkins as Vice-President, andE. H. Rollins as Secretary and Treasurer.
Mr. Jay Gould brought up the Ame« and Davis contracts in thefollowing resolution, the indorsement or rejection of which heasked should be h ft to a written stock-vote, the list of the votes
thus cast and the names of the persons voting to be recorded ;
Beiolvfd. That the dnft of a contract between this corporation and theseveral parties named or described therein, who are beaeflciaries or trusteesunder what is known ai« the Oakes Ames contract, and the J. W. Davl" con-tract, and the assignment therewf, and who may execnte the same, whi<h con-tract is herewith sniimitted. be, and the same is hereby, assented to by this
company, and the treasurer is hereby authorized to execute the same in be-
half of this corporation and afilx the corporate seal thereto.
The resolution was unanimously adopted by a vote of 22,534.
Mr. Gould then offered the following resolutions, both of whicli
were adopted :
Hesolved. That the draft of a contract between the stockholders of theCredit .Mobilier of America, who may execute the same, and this company,which is herewith submitted, be, and the same is hereby, assented to andapproved, and the trcdsurer is hereby authorized. and directed t» exccnte theB-imc and affix the cori>orntion seal thereto.Revived. That the treasurer be authorized to sign and execute in behalf of
this company the draft of a bill in equity against the Credit Mohilier of.\merics, advised by counsel, for the \ iirpose of asserting the rights andclaims of this company against th-* faid Credit Mobilier of America, anden.iaining the prosecution of a suit by said last-named corporatlen againstthis company, now p'*nding in the Supreme Court of Massachusetts.
The annual report of the President was read, and extracts fromthe important parts are quoted below. It is devoted to a general
account of the earnings and transactions of the year. The ability
of the Union and Central Pacific Railroads to make large gross
earnings, on the basis of their present charges for transportation,
has been pretty thoroughly d«-m0D8tratrd during the past twoyears. It has also been shown that they are able to work at a
lower percentage of operating expenses than any other prominentroads. The information which the pub ii; most need about theUnion Pacific, and which they have never yet had in its reports,
is a general balance sheet, showing in detail the liabilities andassets of the company, and also a itttement of its obligations tor,
or contracts with, other companies. It is to be hoped that suchinformation will be furnished in the full p.imphlet report whenissued.
The President's report contains the following
:
Actual grossearningsfor 1875 were $11,993,834 09
Operating expenses, including taxes 4,9^2,047 95
Leaving surplus earning* $7,011,784 14
Operating expenses being 41 ,54-100 per cent of gross earning.*.
Compared with the year previous, there has been an increase in
the gross earnings «f $1,433,951, an increase in expenses of
$127,344, increase in surplus of $1,306,607. Tha commercialpassenger-business gains, $467,614, being 12 63-100 per cent;
commercial freight $938,818, being 19 48-100 per cent. Govern-ment busine.ss shows a decrease in oasseugers of $71,459, being
29 70-100 per cent, and in freight, $82,214. being 25 96-100 per
cent. Mail earnings liave not changed in amount since July 1,
1873, being $315 per mile per annum.The rate of expenses to earnings last year was considered as
very small ; this year it has been decreased from 45 97-100 to
41 .54-100 per cent, a decrease of 4 42-100 per cent; and this is
accomnlished in the face of the extraordinary expenses incurred
during during the spring flood.
There has been expended for new construction during t!ie year,
$500,365 ; included in this are 13 new locomotives, 41 second class
passenger cars, 85 new freight cars, iron bridge for Dale Creek,
new heidquarters and dep«» at Ouiaha, &c. The sum of $182,589
has been expended in replacing wooden bridges wih iron and
steel, and repairing permanent structure, all of which has beencharged to the operating expenses. Tne entire road-bed, together
with equipment, depots, water supply and snow defence, lias been
brought to a high order of efficiency, as demonstrated by the
winter's experience. '
The consumption of fuel by motive power for 1875 was 148.-
87flJ tons of coal and 7,137 cords of wood, at a cost of $4 75 for coal
and $6 50 per cord lor wood. The increase of consumption over
1874 was 31.364i tons coal, and 806^ cords of wood.I he equipment of the road is now ample for present busineBS.
and consists of 164 locomotives, 167 passenger and baggage cars,
and 3 060 freight cars.
The now rolling mill at Laramie has been completed, and has
cost $312,503 33, and hasa capacity to roll 20,000 tons per annum.It is now in full operation, turning out satisfactory work ;
and
has re-rnlled lor t'e company during the year 6,378 tons of iron
at the contract price of $18 DO per Ion.
Arrangements have been made during the year with the KansasPacific Railroad, so that its system of railroads in Kansas and
Colorado are working in harmony with the Union Pacific and its
system, which is proving mutually beneficial to both.• » » • The late decision of the United States Supreme
Court, decreeing that the interest upon the government bonds is
to be pM(} at the time and in the manner of the principal of the
March 11, It 76.] THE CHRONICLR 25T
bondu (leaving halt of llie (fovernmeQl tr«n»portation to bs paid
to the compaoy), has lifted from the property the only clouds that
rested upon it ; by that deciiion there is due the company from
the Government 11.054 547 Oi, which will undoubtedly be paid an
soon as the romainiBg question now pending; in the United States
Court, heine " what is due under the sectioa of the act of 1862,
known as the live per cent, clause," is decided. The company are
satisfied that their construction of this clause Is correct, and tliat
under the decision of the Court lliere will be found at the present
time nothing due tiie (ioveru;nont. The Uovernment and com-
pany are using due di I ijjencu in brin({lng this question to a final
decision, af'er wliich, we trus., there will be no delays in the
company receiving promptly its half-earnings of all government
business.LAND SALES.
The total amount of lind sales for 187o was 111,049 55-100
acres, purchased by 705 dlfTerent persons, at an average price of
$3 68 per acre, amounting to |404,408.The total amount of laud Bold since ori;aniz«tlon of dcparlinent
was 1,083.893 38-lOU acrus, at an average price of (I 47 per acre.
amonutinK to $5,136,014 04
Amount of Interem imid on contracta. .. 331,43» 80
Amount received OB forfeited coniracts 1,140 94
Total proceeds 85,870,643 16
Total expenses of laud department $653,566 66
Total taxes paid 385,844 69— $1,038,811 35
Leaving net proceeds as $4,631,83181Tbe total amoant of land-grant bonds Issued and sold by thecompanywas $10,400,000 00
Amount retired aud cancelled to date 8,768,000 00
KemftlnlnK ouistaudini;. $7,6)8,000 00
There are In the hand* of the company notes and contractshearing i[itere!<t, which arc to be applied, as fast as due andpaid, to cancelling uutstandinK bonds $8,018,501 68
Leaving to be provided for by future sales $4,619,498 88
GENERAL INVESTMENT NEWS.
Cleveland Coluiubus Cincinnati & Indianapolis.—Thefollowing is a summary of earninga and operating expenses for
the year 1875
:
187B.
Kirnlngs $3,774,817
Expenses 2.7i6,876
1874. Decrease.$4,818,606 $474,:M83, 82,155 45.5,S79
Netearnlngs $1,047,341 $1,066,451 $19,110
Delaware & Bound Brook.—The New York & Philadelphia
NewLine has been completed, so far as track laying ie concerned,
and a train with officers of the companies interested passed over
tlie whole liuH March 8. Some work in the way of ballasting andUnishing up atill remains. There will then be two lines under
different managements between New York and Philadelphia.
The new line is made up of the North Pennsylvania main line,
from Philadelphia to Jenkintown, 9 miles; the Delaware River
Branch of the same road, from Jenkintown to Yardleyville, 30imiles ; the Delaware & Bound Brook, from Yardley ville to BoundBrook, 27 mijes, and the Central of New Jersey, from BoundBrook to New Yom, 3U miles, being 88 miles in all, or a mile
less than the existing line.
Indianapolis Blooraington & Western.—Kecsiver Wrightannounces nis inability to i)ay a further dividend on tlie backpayrolls until April 1. Although the earnings of the road for sometime pa^t have been large, all surplus above current expeu<'es
will he needed to pay Receiver's certificates falling due March 15.
The Receiver has contracted for 300 tons steel rails.no be delivered
in March, for use in renewal of track.
Indianapolis Ciuciunati & Lafayette.—This company andthe Cincinnati Lafavotte & Chicago, which extends the Cincinnati
line from Lafayette to the Illinois Central at Kankakee, haveagreed uoon a subskan'ial consolidation of business aud interests,
the separate organizations of both to be still maintained.
Macon & Brunswick.—The act authorizing the issue of
Georgia State bonds, in exchange for the bonds of this companyendorsed by the State, failed to pass tlie Legislature. A bill waspassed authorizing the issue of new 7 per cent. State bonds, hav-ing twenty years to run, to an amount sufficient to pay theinterest due and falling due on the endorsed bonds which are
now recognized by the State. The act extends also to theendorsed bonds of the Nortli & South Road. The State Boardof Directors has finally rejected the bids made for the lease or
sal* of the road, and the mater is referred back to the (Jovernor,
who will decide wliat action is to bo taken.
Nortliern Central.—The stockholders, at their annual meeting,on the 24th of February, havin.{ approved the new mortgage issuet)f $3,000,000 of five per cent, bonds, having fifty years to ruj, to
he exchanged for (3,000.000 of income bonds, dated January 1,
1872, the holders thereof are requested to make the exchange at
the Fidelity Insurance, Trust and Safe Deposit Company, Phila-
delphia, the trustees of the new mortgage, with whom the newbonds have been deposited for exchange.
Pacific Mail.—A meeting of the Board of Directors was heldearly this week, of which the limes says : The meeting wascalled late on Saturday evening at tbe instance of Sidney Dillon,llie President of the company, and Jay Gould. There werepresent Messrs. Dillon, Gould, George F. Deforest, C. J. Osborn,James B. Smitb, and Rufus Hatch. Three of the Directors,Messrs. Scott, Ames, and lieilly were absent. A prominentstockholder of the company made the foltewing statement to aTimes reporter
:
•' The object of the meeting this morning was to cpnsider thepropriety •/ issuing bonds and offering them to the stockholdersto pay off th« loan falling due in August to the Panama Com-
pany, and the balance of tbe notea due on the stuamera if it,
should become necessary. The company has already paid oo tbrlast three steamers built by John Roach, costing over $3,000,000,.about $1 600,000, and the balance of this is running through aperiod of nearly twelve mouths. In paying down this largesum, 1180,000 was used in takinir up notes of Mr. Uoacli, whichhad nine months to run, instead of applying the money to tb«payment of the first notes falling due, which accounts for tbafinancial straits of the cimpanv at the present iliue. No appr*hension is expressed by the officers of the company as to theirability to meet thi-ir < n^agements aud protect tlieir property.It was a mere mistake in taking up long notes instead of theshort ones, which it was supposed that tbe earnings of tbesteamers and about 1500,000 due as subsidy and from the Government of Japan, would easily enable tlie company to meet.This amount should have been received by the company batorethis, and is a good asset, althougli not immediately available."
It is understood that an ifBue«f $2,000,030 bonds was author-izod.
—The 'ollowing statement has been iiaued io a circular, bntooname attached to it:
FINANCIAL CONDITION OF TUE CovrAMT,Iron fleet (15 vessels), coi-t $;.85J,0 JO. Pre-icnt value $S,C7S,O0UWooden vessels, cost $5,8ii5,l 0.1 1.^51,000Value of coal, supplies, outfit and real estate 70O,UU>Aniouut due from varlotu sources 478,00Q
Total value of assets $8.780,0(WLIABILITIES.
Due Panama Coiupany $450 0^Due John Koach * Sons WOil'OOUnpaid taxes (in dispate) , 187,00uBiilspayable !M7,000—$t,«M.00O>
BalanceGross oamings from Jannary 1, 1875, to December 1, 1875
. $T,128.0nt
. 8,WT,000
Expenses, Insurance, &c $8,672,000
Netearnlngs $1,195,000Slinbury & Lewistowil.—In accordance with tbe resolution of
first mortgage bondheWers, the Sunbury 4 Lewi-ntown Railroadwas offered fir sale; at auction, at <he Philadelphia Exchange,March 9. The bidding was started by one of tbe bondliolders for
$150,000, and was raised to $100,000. As there seemed to be nodisposition to go over this, the nale was postponed until Thura-day, March 28, when the road will be «old without limit.
Western Union Telegraph lHvidend.-The directors of theWestern Union Teh graph Company met on Wednesday, whenPresident Orton submittrd the following report
:
Dividends were resumed for tbe quarter commencing April 1,
1874, since when there have been paid seven quarterly dividendsof two per cent each. Oo the 1st of April, 1874, tliere was a sur-plus ou hand of $514,584 23. The u''t earnings from April 1,
1874. to December 31, tb75 (one year and nine months), were$"),730,577 53, making a total of $0,215,101 70. The seven quarterly dividends amounted to $4,739,188. Durin^i the same timetlie interest on bonds pai ' aud accrued amounts to $842,328 67,aud the sinking fund is $87.500, making a total of $5,659,016 67,and leaving a balance of $586,145 09. To this balance should beadded the proceeda of the sales of bonds issued in 1875, in excessof the amount required to redeem the bonds which matured No-vember 1, 1875, amounting to $30i,203, making a total of $888,-347 09.During the periods covered by the ab >ve statement there hasbeen expended in the c jnipleiion and furnishing of the newbuildinf; $883,3« 13
Constructiou aud purchase of new property 614,407 89
Total $1,437,785 08Deduct from this the surplus as above 888,347 09
Leaving a deficit on the 31st of December last of $549,387 93Tlie business of tbe current quarter, based upon the official
returns for the month of January, nearly complete returns for
tbe month of February, and carefully estimating the business of
tbe month of March, will show substantially tbe followingresults :
Heci-lpts $S,»»0.S11 10Erpui.ses 1.500,795 57
Net profits
The intciest ou the bond debt accruing in one quarteramounts to $117,000
Sinking fund iO.OCO
$780,014 Si.
137,000 OO
Deducting the amount from the net profits of the quarter, asstated ab*ve, would leave, applicable to dividends 583,014 5S
But, as already shown, there was a deficit ou Jan. 1, 1876, of 549,:187 93
Which, deducted fr/m above, leaves $3.3,686 60All of which residue will be expended, during the quarter, upon
construction which it has been deemed, advisable to authorize.Willie, therefore, the business of the current quarter, in spite
of the severe depression in all branches of trade, and the reduc-tion of rates by our competitors, will be nearly up to that of tberame period of last year, it will he seen Irom the foregoing ex-
hibit that, after providing for the interest and sinking fundpayable on the 1st of May next, there will be no funds on handwherewith to pay a dividend. In view of these facts, the Ex-ecutive Committee have adopted the following resolution for theconsideration of tlie Board :
\\7iere<u, This company has, durinji the last two years, expended in con-struction and new property a c«usiderable sum, which it was intended toprovide for by capitalization ; and
Wfi^eas, The policy of euch cauitalizition is deemed inexpedient, and asthe estimated earnings at the end of the current quarter will be sofflcleai toentirely liquidate the amount so expended and leave tbe company tree fromfloAting debt; therefore,
Hesolvtd, That this committee recommend to the directors to postponeaction upon the question of a dividend until tbe next quarterly aeetingof theBoard.
The report was adopted and tbe meeting adjourned.
258 THE CHRONICLE. [March 11, 1876.
I^ I) c € in in c r c i « I_^25J^^ 3^ „
COMMERCIAL EPITOME.Friday NiaHT, March 10, 1878.
There is some improvement in general trade. The weather
has become springlike and the prospect is good for an early
re opening of Inland navigation at the North and West. The
coal miners of Pennsylvania will, it is announced, resume work
on the 30th inst. But embarrassments arising from uDBcttled
credits and uncertain values continue to be lelt ; and there is little
promise that the volume of business for the spring of 1870 will
equal, much less exceed, that of mst spring.
The 8pe3ulation in pork and lard has been variable, but latterly
this tendency has, on the whole, been in favor of sellers
Statistics of pork packing at the six leading cities, during the
season just ended, sliow a falling otf in tlio aggregate, compared
with the seasons 1874-5, of 300,811. The average net weight of
hogs packed at these points last year was 209.47 lb. Upon the
basis of the comparative weights here indicated for this season,
the average would be about 219i lb. net, or an increase of 10 lb.,
or about .5 per cent. Tliere was yesterday some excitement in the
lard market, especially with reference lo spots and early futures.
It was stated that stocks are well concentrated, l)ut mostly sold
for the later months, and of course not offered ; hence there is a
scarcity for other deliveries and something of a "corner" onspots and contracts for Marcli. Bacon has been quiet, but pickled
and smoked meats have been more active at full prices. Beef andbeet hams have been steady, with a fair movement in butter andcheese. Tallow has declined to 9@9ic. for prime. To day the
market was easier for pork at $22 75 for mess and |19 for extra
prime. Lard also allowed some depression with sales at $13 63|for spot, ;$ 13 67i;for April and |13 85 for May; but other hogproducts were very firm.
Rio coffee has been less active, and prices have lost a portion of
the recent advance, fair to prime cargoes going at 16}c.@18c.,
gold. The stock at this market yesterday was 199,400 bags, andthe visible supply for the United States, 306,400 bags. Mild cofftes
have been dull and close lower ; Java, 22c.@25c., and Mara-caibo, lGJc.@18c., gold ; stocks on band, 150,800 mats Java, &c.,
and 38,200 bags of other grawths. Rice has been in fair demandand steady. Teas have sold fairly, but at weakening prices.
Foreign dried fruits are generally dull and unchanged. Molasseslias been more active ; four cargoes of Cuba have been sold for
consumption and export on the basis of 33e. for 50 test. Domes-tic in large stocli and lower. Sugars are rather firmer for rawsat 7ic.@7Jc. for fair to prime refining, but under liberal supplies
and some pressure to sell, the close is weaker. Refined active at
lOfc. for standard crushed. The mivement in raws has been :
Hhds. Boxes. Bags. Melado.R.^ce1pt9 since Mircli 1 17,689 8.060 50,900 3.55
Sales since March 1 7,441 3,320 1,2«S 486Stock Marcli 9, 187S 86,338 11,204 105,111 l,t06
Stock Marcli 11. 1875 38,.361 34,368 103,663 1,396
Kentucky tobacco has again ruled lower at 5@6ic. for lues and8(ai4c. for leaf ; the sales for the week embraced 350 hhds., of
wbicli 300 were for export and 50 were for consumption. Seedleaf has continued in fair demand, and prices have remainedabout steady; the sales embrace: crop of 1873,54 cases NowYork at G^c, 120 cases Oliio at 8Jc., 93 cases Illinois at 7ic., 200cases New England on private terms ; crop of 1874, 08 casesOhio, part at 4c., 100 cases Pennsylvania and 225 cases New Eag-land, on private terms; and, crop of 1875,27 cases Florida at IS-Jc,
and 23 cases Wisconsin, frosted, at 3c.; also, 150 cases sundrykinds at 7@35c. Spanish tobacco has been in moderate demandand unchanged ; the sales were 400 bales Havana at 83c.@$l 15.
The busiuess in ocean freights has been moderately fair in theaggregate, sufficient, under the light supply of tonnage, to holdrates in a steady position. The individual demands of any trade,
however, are far from being large. Late engagements andcharters include: Grain to Liverpool, by steam, 7d. per 00 Iba.;
cotton, by steam, jd.; provisions, 30(")35s. per ton ; cotton, bysail, 7-83d.; grain to Bristol, by sail, 8d.; do., by steam to Ant-werp and Bremen, 8Jd.; do. by hteam, to Rotterdam, 9Jd.; grainto Cork for orders, Gs. 9d.; refined petroleum to the Continent,excluding Dutch ports, 4s. 3d. To-day, there was only a smallbusiness, but rates were steady, and if anything a trifle better.
Grain to Liverpool, by steam, 7id. per 00 lbs.; bacon, 30s. perton. grain to Glasgow, by steam, 9d.; do. to Cork for orders,Gs. 9d. flat, per quarter; naphtha from Baltimore to Havre orAntwerp, Cs.
The market for hides. has continued very quiet, but prices arewilliout essential change ; dry Entre llios sold at [email protected]., gold,
four months ; dry Buenos Ayres quoted at 20(ii)34c., gold, and dryTexas, 19@31c., currency. Linseed oil in fair jobbing demandand steady at .59(fi)B0c.; otlier oils quiet.and unchanged. Whiskeyhas declined to $1 09J:((()|;l 09|, tax paid. Clover seed has beenactive and closes at 14j@i5c. for Western and State.
Naval stores have been fairly active, that is, in spirits turpen-
tine, wlilch has advanced, and closes firm at 39c.; rosins havelatterly been dull ; common to good strained, $1 O0(o)fl 65.
Petroleum at one time was (airly active and firm, but closes dull
at 14@14ic. for refined, in bbla., and Sic for crude, in bulk.
American pig iron is about steady, with sales latterly of 500 tons
American at $23 for No. 1, and $91 (or No. 2. Ingot copper is
without change, with late sales of 300,000 lbs. Lake at 23i(<i33ic.
cash. '
COTTON.Friday, P. M., March 10, 1876.
The Movement op the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week endingf
this evening (March 10) the total receipts have reached 78,380
bales, against 80,215 bales last week, 109,676 bales the previous
week, and 110,576 bales three weeks since, making the total
receipts since the Ist of September, 1875, 3,509,533 bales, against
3,052,783 bales for the same period of 1874-5, showing an increase
since Sept. 1, 1875, of 516,740 bales. The details of the receipts
for this week (as per telegraph) and for the corresponding weeks
of five previous years are as follows:
Receipts this week at
—
1876. 187S. 1874. 1873. 1872. 1871.
New Orleans 36,643
6,578
3,379
695
4,473
7,613
868
8,8.53
116
2,296
7,018
431
78,380
82,578
4,709
4,224
233
6,760
6,925
213
0,058
164
2,381
5,684
416
89,002
4,683
9,480
10,625
6,849
478
7,7f0
95
1,077
13,437
422
41.370
6,113
. 6,973
7,587
^8,491
3,547
108
1,193
9,431
631
23,656
2,493
3,155
6,456
2,886
5.953
663
1,417
3,837
197
69,796
Mobile 8,733
Charleston
Port Royal, &c8,630
Savannah 13,423
8,873
Tennessee, &c 15,660
Florida 1,318
1,296
Norfolk[ 8,763
City Point, &c
Total this week 60,288 88,273 83,4.33 50,063 136,533
Total since Sept. 1.... 3,569,523 3,052,732 3,328,837 2,880,328 8.392,887 3,051,230
The exports for the week ending this evening reach a total ofj
98,005 bales, of which 56,375 were to Great Britain, 9,036 to]
France, and 33,094 to rest of the Continent, while the stocks asj
made up this evening are now 734,425 bales. Below are the'
stocks and exports for the week, and also for the corresponding
week of last season:
Week ending
Mar. 10.
Exported to
«;»* FranceC"""
Britain. nent.
26,315
10,135
4,191
4,311
3,11)
4,638
3,646
56,875
9,636New Orleans*
Mobile
Charle-otou
Savannah
Galvestont
New YorkNorfollc.
Other ports}
Total this week..
Total since Sept.l 1,47-5,576 304,910 56.1,369 2,34t,8J5 1.910.475
9,6.36
16,969
1,180
1,816
7,951
3,654
933
191
33,094
Total
this
week.
52,920
11,315
6,407
7,951
7,995
4,018
4,638
3,737
98,005
Sameweek1875.
26,446
6,564
8,118
1,486
7,013
2,907
3.899
55,767
Stock.
1876.
838,418
53,092
26,078
41,315
48,145
176,584
13,859
43,000
734,425
1875.
251,447]
60,410''
34,192 i
73.518 I
65,834 -'
191,401 '
9,390'
58,610
734,334
' Aew Orlea>u.—0ar telegram to-night from New Orleans shows that (beside'above exporlsi the amount of cotton on shipboard and engaged for shipment athat port is as follows; For Liverpool, 71,1)00 hales; for Havre, 22,0?0 bales; foContinent, 37,000 bales ; for coastwise ports, 2,500 bales; which, if deducted fromthe stock', would leave IDS.OUO balej representing the Quantity at the landing and Inpresses unsold or awaiting orders.
t Oaloe^'iton.—Oaf Galveston telegram shows (besides above exports) on ship-"board at thnt port, not cleared: For Liverpool, 6,JIS bales; for other foreign,5,ia. biiles; for coastwise ports, 1,542 bales; which. If deducted from the stock,would leave remaining 35,0a8 baies.
t The exports this week under the head of "other ports" include from Baltl-moi o 66, ba'cs and 223 bags Sea Island to Liverpool, and 191 bales to Bremen; fromJiostnn 90! bales to Liverpool ; irom I'hlladelphla 933 bales to Liverpool ; from\\ ilmiugton SU bales to Liverpool.
From the foregoing statement it will be seen that, comparedwith the corresponding week of last season, there is an increase
in the exports this week of 43,338 bales, while the stocks to-night
are 91 bales tnore 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 March 3. the latest mail dates :
BSCEIPT8 KXPORTED SINCE SEPT. 1 TO—Coast-
PORTS. graOK SEPT. 1.Great
Britain
lOtherTotal.
wisePorts.
Stock.
1875. 1874.France
forei'n
187,817N.Orleans. i.i.'iii.ses 864,006 454,895 194,913 837,085 133,607 350,739
Mobile .... 336,181 835,705 102,569 19,347| 46,116 108,033 99,635 59,783
Chariest'n* ,371,537 396,002 117,284 47,138 68,944 233,31 ( 93,878 29,929
Savannali .. 476,5(5 514,401 150,33S 86,035 143,831 319,254 132,018 48,172
G;ilveston*. 416,884 312,418 103,436 4,111 83,010 190,617 180,837 54,593
New York.. 156,301 94,835 260,577 1,915 49,953 318,445 168,839
Florida 11,809 11,714 11,369 ....
N. Carolina 85,350 84,899 21,541 2,301 2.3,8 i3 65,983 4,983
Norfolk*.. 417,617 3-17,359 87,829 1,817 89,648 307,096 28,531
Other ports 78,907 52,211 00,792 11,823 72,615 39,000
Tot. this yr. 3,491,148 1419,301 295,874 531,875
3:15,25:1
8*16,850
18.54,703
1013,817 778,528
Tot. last yr. 3,992.lj00 1304.0li9 21->,880 994 8.55 733.051
• Under the head of CArtritf-s^o/i is lncln<lcd Port Koyal, &c.; under the head ofOalcesloti Is Included lttdlanola,&c.; under the head of Jfar/olk is Included CUyPoint, &c.
These mail returns do not correspond precisely with the total of
the telegraphic figures, because in preparing them it is alwayanecessary to incorporate every correction made at the ports.
March 11, 1876.] THE CHRONICLE. 259
The market for cottou at this port has been excited and
variable during the past week, closing, however, with some
improvement. For export, aa well as consumption, there was an
active demand, and no inconsiderable business was done for
speculation early in the week. Lines in transit for European
markets and for arrival liore wore taken with some freedom;
and the whole market showed that revival which had been so
long expected and persistently delayed. On Monday, quotations
for spots were advanced |c., with holders largely withdrawing
their stocks from sale. This was followed by some inactivity
and weakness ; but to-day the market was very firm and fairly
active, but without quotable advance. For future delivery, there
has been much activity and excitement, prices, however, being
subject to frequent and violent fluctuations. The tendency, on the
whole, has been upward, and at the close last uiglit prices bid were
about 4c. above the previous Friday. The speculation for a rise
received a serious check on Monday, from the large receipts at
New Orlean.s and Memphis, of which the " bear " party tookadvantage to make a strong effort to break down the market.But tlie " bulls " proved too strong ; and on Tuesday the declinewas fully recovered. The fluctuations that have taken place arelargely due to speculative manipulation, and to the strugglebetween the two parties on our Cotton Exchange. Yesterday,Liverpool was lower for arrivals, but receipts at the ports pointedto a very small total ; thus both parties had equal grounds foraction, and after fluctuations of l-16c. the close was at about theinside prices of the previous evening. To-day, the demand forfutures was not active, but the market gradually strengthened,until the close showed an advance of 3-33(3Jc, owing to smallreceipts at the ports and steadier accounts from Liverpool.The total sales for forward delivery for the week are 141,500
bales, including free ou board. For Immediate delivery thetotal sales foot up this week 12,793 bales, including 4,041 for ex-port, C,4'iO for consumption, 1,339 for speculation, and 1,103 intransit. Of the above, 1,350 bales were to arrive. The followingre the closing quotations :
New Cluslflc&Uon.
1Ordinary perk,
' Strict Ordlimryfood Ordinarytrlct Guod Ordinary
LowMlddllneStrict Low MiddlingHlddllngBood MldrtllneStrict Oooil MiddlingMiddling Kalr 7.Mr.... "
Cplanda.
9 3-lt «.... 9 3-:6 @....lU 1-16 •.... lU 1-16 ®....10 11-16®.... 10 11-16(8....11 7-16®..., II '->« a...11 i5-i6a.... U l-ld @....12 7-lS ®,... li MO ® ...ux a.... IiH a...13^ a.... 13^ a....iSH a... '.3X a....u «... u}i a....MX a... 15 a....
Sood OrdinaryI gtrlet Good Ordinary
,
STAINED.. 9 5-16 I Low Middling.. 11)7-16 Middling... ..
wewOrleani.
9 3-16 a...10 l-;6 ®..,10 13-16® .,
11 9-16 a..12 3-lS a..la 11-16®..,U !&-16®..,13H &...UH a...ux a...i5>i a...
Texaa
9 3-16 ®...10 1-16 w...10 1^16®...11 »-16 «...Vi 3-16 a...Vi 11-16®...i 15-16®..
.
13H13XUX15X
a...«...a...«...
IJ 15-1611 13-16
Below we give the sales oJ spot and transit cotton and price ofUplands at this market each day of the past week :
NewClaasiacatlon,
atardayMondayfaaaday•ednesdajf...ffhiiraday ,
ftlday
Total.,
Cod. Spec.Kzp't. lump, nla'n
1.144
1.567SCO4S025U
l.li»
3,197SUl612
I.ISn 6,180 I. ai 1,103 12,793
Tran,It
9032C0
Total.
2333,1602.966
3,9711,2451,212
Ord'ry
9 1-169 3-169 3-169 3-!69 S-169 3-.6
GoodOrd'ry,
10 9-1610 11-1610 11-16
10 11-1610 11-16
10 U-IC
lA)WMldl'g
11 lS-16i: 13
11 15-10II 15-16
11 15-1(1
11 I.'i-IB
Mid-dling.
'IsjT'12X12VI2IW^
12^ia,v
Delivered on contract, during the woet, 1,700 bales.
For forward delivery tlie sales (including free on board)kave reached during the week 141,.500 bales (all middling or onthe basis of middling), and the following is a statement of thesales and prices
:
Kor March,talea cts.I(!0 8.n.61h.l2 11-16IU)B.u.6thl2 23-32lOOs.n. 9lh...l2kluos.n ux400 12-25-32
lUls.n. ilh. 12 12-16lOOs.u.Sth.U 13-16lU)».B,!0lh.:2 13-;6IOJ8.n.llih.l2 27-3231W 12 27-32lIXiB.n 12KSOO IVX700 12 29-32SOO 12 15 16WJ 12 SlSi
3,200 total Mari^.Kor April.
1>00 I2X
bales,3,100...
3,700...2,600...
Ct'.. . 12 29-32
..12 lj-16,.12 31-32
4.900 ....1310,000 13 l-:)2
7,iOO 13 1-16
100 13 33.'100 13X
32,500 total April.
Kor May.500 13 5-32
1 100 13 i-166,500 13 7-326.2U) 13!,'
4.;00 13 9-328.500 13 5161C,S00 13 11-32
bales. cts13,100 IJii2,200 13 13.S200 13 7-16
90.800 total May.
Kor Jane.300 13 15-32
3^500 13SI.™ 13 17-322,:t00 ,.13 9-163,1100 !3 19-32'(,«« 13«5,300 13 81-32,100 13 li-H
25,900 total June.
KorJuly.100 13 11-16
bales. ct«.200 13 2S-32
1,'iOO 13V1.100 13 25-32l,"iOO !3 11-16
9i)0 lSi7-lCS.600 ...13;^1,000 12 29-S
10,300 toUl July.
For August.100 13 29-32
1.400 11 15-162.000 13 31-322,800 II2,600 14 1-32
SOO 11 1-16
9,300 toUl Aug.
The followini; will show spot quotations and the closing pricesbid for futures at the several dates named
;
HTDDLIHe UPI.ASD8—,tII«BIOAN OLASBiriOATION.
On spotMarchAprilMayJunoJulyAugustBales spot....Sales future.goldfixcbanxe .
.
FrI.I2X •
12 21-32I2«13 3-1613 1S-3J13 11-16
13K1,9110
41,11X1
H1J44.8t
Sat.I2!i;
12 13-16.
13 1-3213 11-31!
13«13«142.18
•27,00
II4«<
Hon.12V12 113-32!•!«
13n-3a13 7-:613 11-16
135<3,IUISlfiifO
114Vl.H
Tue«. Wed. Tbnrs. Frl.y'^
..12V 12V 12V
12 13-16 l2i;7-32 r.'X 1313 1-32 12 31-32 13 13X1 1 U-Si 13 9-32 13 I5-1J 13 13 S213% 13 9-16 1.) »-l» 13 21-3213% 13 25-32 13 25-3i UK14 1-32 13 15-16 13 lf,-;0 14 1-322,966 3.'/;i l,2«« 1.2J21-.9I0 2; .8,10 14.8U 19..-i(l0
IIIH lll'< lUM 114J44.84 4.t4 4.bl
Thb Visible Supply of Cotton, as made up by cable andtelegraph, is as follows. The continental stocks are the figuresof last Saturday, but the totals for Great Britain and the afloatfor the Continent are this week's returns, and consequentlybrought down to Thursday t vening; hence, to make the totals the
complete figures for to night (Mar. 10),from the United States, including inonly :
1876.Stock at Liverpool 849,000Stock at London 98,tt30
we add the item of exportsit the exports of Friday
ToUl Great BriUln stockStock at HavreStock at Maraetllei
Stock at Barcelona
Stock atnambarxStock at BremeoStack at AmsterdamStock at BotterdamStock at Ant-irerp
Stock at other coDtlncntal ports..
(NR.tSO
2)3.800
4.750
i»,uao
1«,000
45,000
M.OPO
IS.TM
M,eoo
u,sao
Total coiitincntiil porta 510.500
1875.731,000
114.000
"wvjoo102,780
(,150
75,«S0
11.500
lil,7.'50
43,500
11.000
6,500
in,ooo
303,500
1874. 187.1.
788.000 £31,000
181,750 161,000
»«,7M 818,000
141.150 185,000
l^.^OO 14,000
58,150 (9,0110
4,1.003 30,000
St,000 45.000
68,1)00 75,000
I.%«50 »,00017,7.50 81,000
%,000 38,000
405,000 501,000
Total Earopean stocks 1, 413,750 1,151,500 1.3»7,7BO
India cotton aOoat for Europe. ... 131,090 :)2T,000 195,000
American cotton afloat for Europe 5yi,00a 603,100 588,000
Egypt, Brazil, £c.,afloat for E'rope 46,000 7!, 000 80,000
Stock In United SUtos ports 734,4»5 731,3)1 717,0*1
Stock in U. 3. Interior ports 121,135 103,35; 1M,139United States exports to day Si.OM 10,000 90,OOJ
Total Tislblesnpply.. ..bales.3,O82,:il0 3,000,191 D.OSoiwo
Of the above, the totals or American and other descriptions are aAmerican—
Liverpool stock 496,000 4)4,000 34>>,000
Continental stocks 293,000 li9.030 308,000
imerican afloat to Europe 591,000 G3!,000 5&),00CUnited States stock 731,425 734.a31 717,020
United States Interior stacks 124,:35 103,357 1'J3,I39
United States exports lo-day 29,000 10,000 20,300
Total American •..bales. 2,2M,5(>0
Batl Indian, Brazil, dtc—Liverpool stock 363,000
London stock 53,250
Continental stocks 226,500
India afloat for Europe 131,000
Bgypt, Brazil, &c., afloat 46,000
1,814,000
K>o,o:o
487,000
83.000
529,553
10«.87i
1,000
2,r«,481
I rollowa :
802,000
163.000
437,000
528,558
106.878
7,000
2,003,091 2,002,159 1,594,431
310,000
111,000
174,500
317,000
71,000
392,000
181,750
197,00)
195,000
80,003
330,000
J!<1,000
333,000
250.00 g83,000
Total East India, 4c 827,750 996,60) 1,043,750 1,132,000
Total American -.2,254,560 2,003,691 2,002,;55 1,S94,'431
Total visible supply. ...bales. 3,082,310
Price Ulddling Uplands. Liverp'l. 6X<I.
!
3,000,191
77id.
3,050,909
7,'i@8d.
2,7:6 4)1
9Xd.
These figures indicate an increase in the cotton in sight to-nightof 82,119 bales as compared with the same date of 1S75, anirurease of 31,401 bales as compared with the correspondingdate of 1874, and an increase of 305,879 bales as comparedwith 1873.
At the Interiok Ports the movement—that is the receiptsand shipments for the week and stock to-night, and for thecorresponding week of 1875—is set out in detail in the followingstatement:
I
Week ending Mar. 10 , 1876.
!Receipts. Shipments. Stock.
Au?nsta, GaCommbiis, UaMacon, GaMontgomery, AJ& .
.
Selma, AbiMemphis, TennNashville, Tenn....
Total, old ports
Dalla?, TexasJefferson, Texas . .
.
Shreveport. LaVIcksb'g, MissColumbus, Miss....Eufaula. AlaOrilUn, flaAtlanta. GaRome, QaCharlotte, N.CSt. Louis, MoCincinnati, U
Total, new ports
Total, all
1,8293034314V4
1,29915,340
80,977
135596
2,3325,9i;i
13924529
247269741
5,4695,319
21,505
42,482
3,1059195.38
1,733
1.405
10,9011,081
19,738
197607
2.ni95,1G217242715241339(1
4027.6486,221
12.504
8,7415,0337,1107,188
76.1i;8
7,.38l
[
Week ending Mar. 12, 1875.
Keceipts. Shipments. 'Stock.
23,875
4.3.013
124.135
8265,0805,651
8,361
1,7842,306
7113
3,9311.507
1,130 |i
25,096 'I
13,342
70.333
194.465
1,7-1
4103202a5512
4.760
1,362
9,45J
lO.S
5901.8251,9.11
14521172
81)0
401
1,0552.462
3,0^5
12,715
22,201 I
1.2-1
I.UIU
294801420
8,U02,430
14,379
216HOI
2,177578
7966397416774
.3.441
4 362
12,431
26,810 161,696
1,-1.0 ;fl
».5.i9
7,6083,1634.854
49,14713,992
103,357
8212.5504,2314,'.'7l!
1.002
1,867386
2,087995833
25.49616731
61,339
The above totals show that the old interior stocks haveincreased during the week 1,339 bales, and are to-night 20,778bales more than at the same period Inst year. The receipts atsame towns have been 11,518 bales more than the same week lastyear.
Wbather Reports bt Telkorjiph.—There has been somerainy weather in the South tho past week, but, at most jioints,
no more than usual and desirable at this season of the year. Croppreparations are making fair progress. Tlie present indications
are that there will be no falling off in Texas of the amount ofland devoted to cotton.
Oalveston, Texas.—Corn planting is now jenorally finished
throughout the State, but as yet very little cotton 8ee<l has beenput in tho ground. Preparations are, however, progressingfavorably. We had showers on two days in the early part of theweek; since then it has been pleasant. The rainfall has reached
' 260 THE CHRONICLE. (Match 11, 18:6.
Ixty-two hundredtlis of an inch, and the thermometer has aver-
aged 03, the liighest being 76 and the lowest 50.
Indianola. Texat.—We had a shower on one day, the rainfall
reaching fifteen hundredths of an inch. The weather has been
warm, gea.sonable and pleasant. The thermometer has averaged
64, the highest being 78 and the lowest 49. Coxa is growing
Bnely. We are now bedding up for cotton.
Vorncana, Texas.—The weatlier has been variable this week,
with two cold day?. Two days in the early part of the week it
rained hard ; since then it has been clear and pleasant ; the rainfall
reached one inch and thirty-three hundredths. The thermometer
has averaged 58, the highest being 80 and the lowest 34.
DaUas, Texas.—The past week has been mainly favorable for
crop purposes. Corn is now all planted, and preparations are
making for cotton. Last season's ready sale of grain will stimu-
late its culture this year ; but the probability is that the cotton
acreage will not be diminished. Immigration has been heavy.
We had a shower on one day,with a rainfall of fifteen hundredths
of an inch. The thermometer has averaged 66, the highest be-
ing 70 and the lowest 86.
Jfeio Orleans, Louisiana.—Rain fell on one clay during the weekto the eztent of one inch and ten hundredtliS. The thermometerhas averaged 59.
bhreveport, Louisiana.—We had rain on Saturday and Mondaylast, the rainfall reaching one inch and thirty-seven hundredths.
The thermometer has averaged 59 during the week, the extremesbeing 79 and 37. Receipts show a falling oft from last week,
caused by low water in tbe upper river.
Vicksburg, Mississippi.—There was rain on one day this weekto the extent of two and eighty-four hundredths inches. Aver-
age thermometer during the week 58, highest 74 and lowest 36.
Columbus, Mississippi.—We have had warm, sultry, wet weatherthis week. The tliermometer has averaged .59, ranging from 45 to
73, and the rainfall has reached one inch and ninety three hun-dredths.
Little Rock, Arkansas.—Saturday, Sunday, Monday, and Fri-
day of the past week, have been cloudy, with a rainfall the first
three days of one inch and twenty-two hundrt dths. The ther-
mometer has averaged during the week 55, the highest being 72
and the lowest 37. Preparations tor planting are progressing.
Nashville, I'ennessee.—We had rain on one day during the
week, the rainfall reaching fifty-six hundredths of an inch.
Average thermometer 50, highest 02 and lowest 38.
Memphis, Tennessee.—It has rained two days this week, and the
rest of the week has been clouHy, the rainfall reaching one inch
and fifiy-nine hundredths. The thermometer has averaged 55,
the highest being 64 and the lowest 45.
MobUe, Alabama.— It has been showery one day and cloudy twodays the past week, the rainfall reaching fifty-two hundredths of
an Inch. The thermometer has averaged 58, the highest being71 and the lowest 37.
Montgomery, Alabama.—The early part of the week we hadrain on one day, the latter part being clear and pleasant. Therainfall was one inch and sixty-one hundredths. The averagethermometer has been 56, the highest 73 and the lowest 33.
iSelma, Alabama.—It rained one day this week, the rainfall
reaching forty two hundredths of an inch, but the rest waspleasant. Tlie thermometer has averaged 54.
Madison, Florida.—We have had one rainy day this week aada rainfall of thirty-three hundredths of an inch. Average ther-
mometer, 58 ; highest, 72 ; and lowest, 44.
Macon, Georgia.—It has rained on one day this week. Thethermometer has averaged 57, the highest being 80, and the
lowest 33.
Atlanta, Georgia.— It rained heavily here one day, the rainfall
reaching one inch and twelve hundredths. The thermometerhas averaged 55, the highest being 68, and the lowest 34.
Columbus, Georgia.—There has been one rainy day here this
week, the rainfall reaching one inch and thirty-three hun-dredths^ The thermometer has averaged 57, the highest being73, and the lowest 34.
eia't>annah, Georgia.—There were two rainy days here duringthe past week, but the remaining five days were pleasant. Therainfall was seventeen hundredths of an inch. The thermometerhag averaged 57, the extremes being 47 and 67.
Augusta, Georgia.—It was showery here one day, but the rest
of the week has been pleasant, the rainfall reaching thirty-onehundredths of an inch. The thermometer has averaged 58, theextreme range being 74 to 30.
Charleston, South Carolina.—There has been one rainy day this
week, the rainfall reaching thirty four hundredths of an inch.
The thermometer has ranged from 34 to 71, averaging 56.
The following statement we have also received by telegraphshowing the height of the rivers at the points named at 3 o'clock
March 9. We give last year's figures (March 12, 1875) for com-parison.
^Mrh. 9, '76-^ r-Mch. 1«. '75.-^
Feet. Inch. Feet. Incn.NewOrleans.. Below high-water mark 4 1 6 UMemphis Above low-water mark 17 6 31Nashville Above low-water mark /.. 7 4 Missing.Shreveport. ...Above low-water mark 16 SS 17 6Vlcksbnrg Above low-water mark 48 1 30 4
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to higU-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.
Monthly Movement op Crof.—Below we give our state-
ment of the monthly movement of the crop, brought forward to
March 1
:
XONTHLT HOVBMBMT OF OBOP.
Monthly liecdpti.
September
October
NovemberDe{;ember
Total to Jan. I..
January
Total to Feb. 1
.
February ,
Total to March I . . .
Ttcar beginning B«ptanbtr 1.
1878. 1874.
189,On] 184.3:6
610,3161 536,963
740,116{ «76,')9&
881,177; 759,1
a,S4O,686|a,106,675
637,067
a,977,753
479,801
3,4J-,5M
Year's port receipts
,
Overland
Southero consump..
Year's total crop
Per cent of total port receipts
received to Jan. 1
Per cent of total port receipts
received to Feb. 1
Per cent of total port receipts
to March 1
Per cent of total crop re-
ceived toJan. 1
Per cent of total crop re-
ceived to Feb. 1
Per cent of total crop re-
ceived to March 1
Half the port receipts received
On which day receipts were...
Half the total crop received .
.
On which day receipts were. .
444,05-2
8,550,787
38i,3i4
a,93t,051
3,497,169
a05,3S9
130,483
3,832.991
60 21
Ta-93
8389
64-96
66 54
T6-54'
Dec. 15.
1 ,745,630
Dec. 22,
1,916,76?
1873. 1872.
115,255
355,323
576,103
811,668
1,858,349
703,108
184,744
444,003
530,153
524,975
1,633,875
569,430
2,560,517
482,688
3,043,205
3,804,290
287,572
128,626
1.170,388
48-84
6730
79 99
44-56
61 39
2,253,305
462,552
a,715,857
3,6.51,846
141,500
137,1
3,930,508
46-11
61-71
74-38
43-83
57-32
75-37 60 09
Jan. 2. 1 Jan. 8.
1,909,9581 1,822,525
Jan. 11.I
Jan. 16.
a,08:i,115 1,978,164
1871. 1870.
2,232,146
2,732,386
122,065
120,000
2,974,351
60-99
6901
81-69
46-84
63-42
7504Dec. 29.
1,375,784
Jan. 5.
1,486,898
123,817
355,0ia
544, 14«
625,714
l,M8,27-i
627,281
2, 375,55:!
608,689
2,884,142
4,03«,1S4
228,923
91,240
4,35-J,8ir
40-87
66-43
75-28
87-87
52-28.
66 IS
Jan. 18.
a,011,60L
Jan. 2ft.
'2,169,-29
Up to .Marcli Ist tlio receipts at the ports this year showed aiv
excess of 533,503 bales over the previous season, while the ovei>
land movement was at the same time probably about 40,000 bales-
larger, BO that even with no increase after March Igt, this crop,
would reach 4,400,000 bales.
European Spinners' Takings for January.—The following*
etatement of the takings of European spinners in January this-
year and last year, we have made up from the tables of Messrs^
Ellison & Co.:
UVERPOOL.American.
Brazil
.
Egypt.
Turkey, ifcc
West Indies, &c..
Bast Indies..
Total Liverpool, '76,
Same time 1875,
LONDON.Bombay.
.
Madras .
Ben<;aK &c.
Otter sources.
Stock,Jan. 1.
From Jan. 1 to Feb. 3, 1876.
1
Stook,Imports Exports Import' Feb. 3.
Total I Actual. Net
Spin' era-
takings,V^t>. 3L
Total London, 1876..
Same time 1875.. .
Total Gt. Brit., 1676.
Total Gt. Brit., 1875.
CONTINENT.American
.
Brazilian..
Mediterranean
.
West Indian ..
East Indian.
Total ContineDt,1876
Same time 1876
Total Europe, 1876. . 1,047,990]
Total Europe, 1875.. 1, 084,410
703,30; ^,236,602 614,690
08.582 ^,287,630 555,362
It will be noticed that tbe figures for Ureal Britain are to Feb-
ruary 3d, and therefore include five weeks, while the Continental
figures are only for four weeks.BouBAY Shipments.—According to our cable despatch received
to-day, there have been 17,000 bales shipped from Bombay to Great
Britain the past week, and 5,000 bales to the Continent ; while the
receipts at Bombay during this week have been 35,000 bales.
The movement since the 1st of January is as follows. These are
Co., of Bombay, and are broughtthe figures of W. Nicoldown to Thursday, March 9
.-SblpmentB this week^Great Con-Brltaln. tlnent. Total.
1876 17,000 5,000 22,000
1875 26 000 3-J,000 58,000
1874 17.000 8,000 26.000
^Shipments since Jan. 1-, *—Receipts.
—
Great Con- This SinceBritain, tlnent. Total, week. Jan. i.
82,000 65.030 147,000 35,000 216,000
208,000 108,000 316,000 58,000 416,000
150,000 71.000 221,000 45,000 332,000
From the foregoing it would appear that, compared with last
year, there is a decrease of 36,000 bales this year in tbe week's
March 11, 1876] THE CHRONICLE 261
Bhipmfnto from Bombay to Europe, and that the total movementBiDce January 1 shows a dtereane in shipments of 169,000 balef
compared witn the corresponding period of 1875.
QuNNT Baob, Bagging, Ac—Bagginfr has ruled very quiet dar-
ing; the past week, aud no sales have been made that we bear of.
Prices rule nominal at 13i@12i<;., asicnd, with buyers offering
about ie. under these figures. Bales continue dull at 9@yic. for
India and 12ic. for Borneo. Bsg^ are quiet and prices nominal for
4408. Butts have been rather quiet, the late arrivals in Boston andat this port, about 16,000 bales, bavintr supplied the wants of con-
snmerH for the present. Prices are still quoted at S^gdfc. in asmall way, but round lots could hardly be placed except at a con-
cession in price.
LivKRPOOi., March 10.—3 P. M.—By Cablk rbom Livrr-POOL.— Estimated sales of the day were 12,000 bales, of which2,000 bales were for export and speculation. Of to-day's sales
11,800 bales were American. The weekly movement is (^iven asfollows :
Feb. 18. Feb. »5. M'cha. U'ch 10.
8alc» of the ir«ek bales. 57,000 5AO0O 59,000 85,000Fonvardcd 26,000 18,000 17,000 17,006Sales American 88,000 8:1,00^ 35,000 55,000
of which exporters took. 6.000 7,000 6,000 S,000of which speculators took 5.000 4,000 6.000 11,000
TotHl stock 843,000 838,000 8^9,000 849,000of which American 484,000 479.000 484,000 486.000
ToUl import of the week 122.000 60,000 84,000 80,000of which American 98,000 40,000 48,000 60,000
Actnaloxport 4,000 6,000 6,000 6,000Amountagoat 363,000 367.000 885.000 88-2,000
of which American 217,000 278,000 298.000 S80 000Futures.Satukdat.—May-June delivery, Uplands, Low Mid. clause, 6 7-3^)^d.
Jnne-Jnly delivery, Uplands, Low Mid. clause, 6 5-16d.July-.\ng. diilivcry, Uplands, IvOw Mid. clause, 6^d.April-May delivery. Uplands, Low Mid. clan»e. 6 316d.May-June delivery, Uplands, Low Mid. clause, 6-lbd.March delivery. Uplands, Low Mid. clause, 6 3-lHd.
April-May delivery. Uplands, Low Mid. clause, 6 3-82d.May-Jtine delivery. Uplands, Low Mid. clause, 6 ll'[email protected] delivery, Uplands, Low Mid. clause. 6 7-16d.March-April delivery. Uplands, Low Mid. clause, 6 5-3Jd.June-July delivery. Uplands. Low Mid. clause, 6 13-83d.
Monday.— Mny-June delivery. Uplands, Low Mid. clause, 6Hd.June-July delivery. Uplands, Low Mid. chuise, 6 7-16d.February shipment Uplands, Low Mid. clause, by sail, 6 5-16d.March-.\pril shipment. Uplands, Low Mid. clause, by sail, 6J(fd.Maj--Junc delivery. Upland", Low Mid. clause, 6 ll-34d.March-April delivery. New Orleans, Low Mid. clause, 6 5-16d.March-April delivery. Uplands, Low Mid. clause, 6 8-16d.
TuBSDAT.—April-May delivery. Uplands, Low Mid. clause, 6Ji07-32d.June-July delivery. Uplands, Low Mid. clause, 6?id.July-Aug. delivery. Uplands, Low Mid. clause, 6 7.16d.May-Iune delivery. Uplands, Low Mid. clause. 6 5-16d.Feb.-Msrch shipment. Uplands, Low Mid. clause, by sail, 6Vd.March- April delivery. Uplands, Low Mid. clause, 6 5-32d.May-June delivery, Uplands, Low Mid clause, 6 ll-.32d.
June-July rtelivcry.Uplands, Low Mid. clause, 6 13.32d.Wedsisdat.—June-July delivery. Uplands, 6 r>-16d.
May June delivery. Uplands, Low Mid. clause, [email protected] deliverv, Uplands, Low Mid. clause, O^d.June-July delivi ry, U,)lands, Low Mid. clause, 6 13 32d.Fcb.-March shipment from N. Orleans. Low Mid. clause, by sail, 6Kd.April-May delivery. Uplands, Low Mid. clause, 6 7-32d.May-June delivery. Uplands, Low Mid. clause, 6 5-16d.June-July delivery. Uplands, Low Mid. clause, 6'id.
Thdbbdat.—March-April deliverv. Uplands, Low Mid. clause, 6Xd.April-May delivery, Uplands, Low Mid. clause, 6 o-3Jd.February shipment. Uplands, by sail, 6>id.March delivery. Uplands, 6d.Feb.-.March shipment. Uplands, Low Mid. clause, by jail, 6 .3-16d.June-July delivery. Uplands, Low Mid. clause, 6 5-16d.March-April delivery, Uplands, Low Mid. clause, 6 3-SSd.May-June delivery, Uplands, Low Mid. clause, 6.5id.Cottons to arrive 1-16 cheaper.February shipment, Uplands, Low Mid. clause, by sail, 6 7-32^.1 16d.
Fmdat.—Arrivals (^uiet and steady.June-July delivery, Uplands, Low Mid. clause, 6 ll-32d.April-May delivery. Uplands, Low Mid. clause, 6 S-16d.May-June delivery. Uplands, Low Mid. clause, 6 9-32®6 5-16d.June-July delivery. Uplands, Low Mid. clause, 6>id.April-May delivery. Uplands, 6Xd.March-April shipment, from New Orleans, by sail, 6 5-16d.July-August delivery. Uplands, Low Mid. clause, 6 13-32d.Cotton to arrive strong ; buyers offerinc 1-16 higher on the day.March-April delivery. Uplands, Low Mid. clause, 5 3 16d.May-June delivery. Uplands, Low Mid. clause, 6%d.June-July delivery. Uplands, Low Mid. clause, 6 l:3-3a@6 7-16d.
The E.ypoRTS of Cotton from New York, this week, show adecrease, as compared with last week, the total reaching 4,048bales, against 15,085 bales last week. Below we give our usualtable showing- the exports of cotton from New York, and theirdirection, for each of the last four weeks; also the total exportsand direction since Sept. 1, 1875; and in the last column the totalfor the same period of the previous year.
BKportaol Cotton(baleB)ffom iVew Vorte InceScpt.l, IgU
The following are the receipls of cotton at New Tork, Boston,Philadelphia and Baltimore for the last week , and lioce Sept. 1 , '76
:
ZPORTSD TO
WSKK BHDIHSToUlto
date.
262,1081,584
263,692
1,915
Same
Feb.16.
Feb,23.
March1.
March3.
prev'usyear.
Liverpool 4,581100
8,087 6,1S740
8,115 220,905Other British Ports
Totml to Ot. Britain
Havre
4,683 8,08';
160
8,227 3,115 2a).905
4,607Other French ports
lolal French
Bremen and HanoverBamborg 'aw
150
373
5oe80
8,308
163
'780
1,915
20,2188,-374
21,879
50,465
124C9
4,507
14,096
1,990
Total to N. Europe.
Spain,OportoAQibraltar&cAUothers
397 878
12
8,868 938 81,850
10GO
Total Spain, ^ko
9,080
12
8.«2»
.... 421 60
Brand Total 15,085 4,048 816,193 257,822
ca'TS nu>H-KSW T0B>. BOSTOa.
'1
PBILADBLT'IA BALTtaOBB.
This Since This Since This {SIdcs,; This ISlnceweek. Sept 1. week. Septl.l we«k.|8cpU.i we«k.|8^t.l
New Orleana.. 4,789 9I),8S» 10.851
!
....' 4»i;i . . , ...
Texas 2,2292,! 74
56,17172,501
6 271SaTannah
,1,198 19,041 132 18,122 «i6 11,211
Mobile 1,950 1 990 • ••
.
ijm • •. .... 1
Florida 96 6,9.^4i
*•« ....i
9'th Carolina i.m 77,489 1,216 • ••• ...i 88 9,06«N'th Carolina. i.Wi 41,858 i ... ,,,, ,,,,
j653 18,748
VirginiaMorth'm Portf
1,842 159,087 1,841 47.814 540 48,9g«183 7,463 •.;WA S«,»« 1 66
Tennessee, Ac 6,202 162,50! 1,378 31,988 «M 26,i'M| ji-o 4.50t
Porelin> 548 2,048
196,901
...1
Total this year 23,l»l 697,7961
5,106 1.0J8, S8,e»3 2,010 91,628
Tetal last year. 22,006 612,547 .'.680 205,274 3,t>ll 46,407 ) 3,!Kn 96,063
Shtpping News.—The exports of cotton from the UnitedStates the past week, as per latett mail returns, have reached137,753 bales. So far as the Southern ports are concerned, theseare the same exports reported by telegraph, and published in
Thb Chronicle last Friday. With regard to New York, weinclude the manifests of all vessels cleared up to Wednesdaynight of this week. ,j„j,, ^^„N«w York—To Liverpool, per steamers Republic, 668... City of New
York, 1H6... .China, 100.. .Nevada. 415 ...per ships Iron Crown,«J»....KnowBley Hall, 742 8,I1S
To Bremen, per steamer Hermann. 153 158To Antwerp, per steamer C. F. Fnnch, 760 780
Nbw Obi,ban8—To Liverpool, per steamers Muriel, 188 Andean,,3.200 per ships Ryi-rson, 4,957 ..Raphael, .V0S5 . .Maid ofOrieans, -i.srO .. per barlts Poolsoar, 8,369 ...Giusto, 2,^9^. ..
Laura Emily, :.108 24,044To Cork, per bark Elecla, 1,141 ).»41
To Falmouth, per bark Ernn, 1,519 1..579
To Havre, per ship Aji.T, 2,601 .. per bark Magsfie Miller, 8,479.... 6,083'To Dunkirqup, France, per bark Paulista, 100 10-To Antwerp, per bark Vine *nzo Galiitola, 1,579, .j^ I,571i^
To Reval, per ships Ueriof Hetlofson, 2,344... Protector, 2,234 ...
Agnes Sutherland. 3.45 i . . .Thomas Lord. 3,931 Aonia M. Law..3,942. ...per barks Fridleif, 1,635 ...Themis, 1,687 per schr.
M. W. Acwood, 2,150 21,369To Cronsiadt, per harks Preciosa, -2,601 Wilhelm Gynther, 1,601.. 4.2fli
ToHango, Finland, per bnrk Magdalena, 2,100 2,100To Barcelona, per barks Recurso II., 41.... Aretuza, lOJ 141
T» Malaga, per bark Rosario. 1,104 1,104To Genoa, per barks Boli\ar, 1,496 ...Medbor, 1,571 8,067
MoBn-E—Te Liverpool, per ship Pride of England, 4,181 per barksArabia, .3,200 . Clytie, -3,177 .... 10,558
To Cork, for orders, per bark Galveston, 2.090 2,090To Havre, per bark Fides. 831 824To Reval, per harks VVnnde er. 1,506. ...Grace E Caan, 2.140 3,916
CHABLEsmN—To Liverpool, per ship Couniy of Plctou, 3.081 Uplandand 41 Sea Island p^r barks Enigma. 2.012 IFpland and 59 SeaIsland .... Rachel Bluckwood, 1,481 Jpland 5,676
To Antwerp, per bark Herbert Hall, 3,120 Upland 2,12DTo Reva', Russia, per shio Jacob A Stamler, 3.81.') Upland. .. .perbarks Lockwood, 2, 3:J5 Upland ...Guinevere, 3.1Hr Upland 9,557
Satankah—To Liverpool, per hark Mary A. Myshrall, 2,329 Upland 2,329To Cronstadt, per barks Gluckaur, 1,615 Upland Hendeborg,
2,310 Upland.... Kate Cann, 3,491 Upland. ...Ellida, 1,015 Upland. 8.431
To Reval, per ships C. B. Hazeltyne, 3,005 Upland... ElizabethHamilton, S,!tl8 Upland 5,931
To Riga, Russia, per bark Krltz Schmidt. I,3.b5 Upland 1.2.55
To Frederlck^hald, Norway, per bark lima, 1,411 Upland 1,411
Tbxas—To Liverpool, per barks Jason, 1,000. ..Ceres. 1,067. ..Alma,1 399 3 366
ToFleet'wood, per bark Teilii's, 1,031 . ... .....!!..„..!...!!... 1,081
To Cork, fcr orders, per ship -avannah, 4,210. .. 4,210To Rotterdam, per brig Miletus, 7.51 7.M
To Venice, ItHly, per bark Phenix, 872 872Wilmington—To Liverpool, per bark Edmund Richardson, 601 661
Norfolk—To Liverpool, per steamer Snn Marcos, 252 25ei
Baltimore—To Liverpool, per steamers Hibernian, 498 ...Lake Super-lor,36) 867
Boston—"To Liverpool, per steamer Hecia, 868 868
Total 187,758
The particulars of these shipments, arranged in oar usnal form
,
are as follows
:
Liver- Fleet Aat- Cron-pool. wood. Cork. Havre, werp. Reval. stadt Genoa.Total.
Sew York 3,115 78u .... ... 4,018
New Orieans 24,044 .... 1,441 6,OS3 1,579 21,369 4,202 8,067 f6.809
Mobile 10,S58 .... 2,090 8J4 .... 3,916 17,418Charleston 6,676 2,120 9,557 17,858Savannah 2,229 5,921 8.431 .... 19.247Texas 8,366 1,031 4,210 10,230Wilmington 661 661
Norfolk 252 252Baltimore 867 857Boston 868 868
Total 51,636 1,031 7,741 6,907 4,479 40,793 12,633 3,067 137,753
Included in the above totals are, from New York l.Vl hales to Bremen ; fromNew Orleans l,b79 bales to Falmouth, 100 to Dunk'rque, 141 to Barcelona,
1,104 to Malaga, and 2,100 to Hango; from t^avannah 1.335 bales to Riga and1,411 to Frederick-hald : from Texas 751 bales to Rotterdam and 873 to Venice.
Below we give all news received to date of disasters, Ac, to
vessels carrying cotton from United States ports :
Australian, str. (Br.), Peters, from Mobile for Liverpool, before reported at
anchor in Hampton Roads, with loss of rudder, *c., was towed to Nor-folk, March 1, in order to discharge cargo, preparatory to being takenNorth for repairs. Steamer Haytien has been ordered Irom the WestIndies to take the cargo of the .^iistrslian to destination. She is ex--
pected to arrive at Norfolk in about eight days.JnvENTA. ship (Br.), France, from Mobile for Liverponl. had repaired and re-
loaded at Key West, and was ready for sea March Ist-
Turkestan, ship (Br.)—The posiiion of the ship Turkestan, from New Yorkfor Liverpool, which went ashore at Port Madoc, was unchanred Mch. 2.
All the cotton (1,0 Jfl hales) had been saved, a- well as 4,070 bbls. of flour
and 1','5 bags of seed, all In gOiid, dry condition.JoH.N Oeddie, fhip (B-^.l, Jackson, at Charleston for Havre, took «re Men. 5lh.
The cargii on board, consisting of 2 )57balee of upland cotton, waa dam-aged mostly by water, with which the vessel had been filled. The Insur-
ance on the cargo is reported to be entirely in foreign office*. Thefreight money, £500. is insured at Charleston. The vi ssel is owned in
Liverpool. She was pumped out on the 5th, and will discharge her cargo
immediately, the fire liaviDg l>«en extinguished.
Cotton freights the past week have been as ioUowa
:
262 >THE GHROIVICLE : [March 11, 18f6.
Satardty...Monday. . .
.
Tuesday...WednesdayThursday.
.
Friday. ...
Llrorpool. . .—Havre .,Steam. Sail. Steam. Kail,
c. c.
Jfcamp.\coinp.XcuDip.5(comp.\comp.fl^comp.
d.
&H. itxMXMk9H
d.
..&}<
.StiXMX&X
—Bremen. <^HambBre.^Steam. SailSteam. Sail.
c. c. c. c.
Xcomp. .
,
j^oorop.^'comp. ;icomp.Xcomp. .. ^comp.Xcomi). '4comp.Kcomp. .
.
^comp.Kcomp, Jicomp.
BRE ADSTUFPS.FBIDAT, P. M., March 10, 1876
The flour market opened the week (juite dull, with prices
sliowing some dopreBRion iu tlie common and medium grades), andthe trade generally showing nn unuottled and discouraged tone.
But on Tuesday there was some revival of demand for export,
and there have latterly heen pretty free sales to shippers at
$4 75@|5 for unsound extra from winter wheat; fo@5 05 for
full lines of com'Eon extras from spring wheat; |5 50(ffl7 25 for
good to choice do.; |6 35 for St. Louis, and |5 85@8 for city
brands. The demand was brisk on London account. Supplieshave not proved excessive, but receivers are inclined to decreaserather than increase stocks in store at this stage of the season.Corn meal, at some decline, has been more active, but rye flour
has remained quiet. To day, there was an active export demand,and the sales embraced 5,000 bbls. common extras at $535 10.
The wheat market was dull early in the week, and prices weresomewhat depressej for the poorer qualities of tpring growths.The better grades were firmly held, however, and the demandhas been more active since Tuesday, with some recoyery of tone.
Still, it is apparent that holders are more inclined to meet theviews of buyers, and reduce stocks, than at any other time sincethe close of inland navigation. The stock here and the visible
supply in the markets of the United States are much in excess oflast year, and the weather much more favorable for spring sow-ing. The principal supports to prices continue to be the cheap-ness of money and the belief that Great Britain must be a largebuyer later in the spring. To day.thsre was an active and ratherfirmer market, the demand being mainly for export.
Indian corn has varied but little, and yet some weakness inprices must be noted. There is a subsidence of speculative ac-tion at this point, and supplies of new have been ample. Thebusiness has been mainly at C2@03ic. for fair to prime new mixedand 68(369c. for choice old do. The supply of Southern corn hasbeen small, but it has sold at barely the prices of Western. To-day, the market was dull and prices weak.Kyo has met with more inquiry, and is hold stronger ; but the
views of buyers and sellers remain wide apart. Barley has beenpalable at pretty full prices. Canada peas have sold in car lots at90(»y7ic., iu bond.
Oats have been lower, but at the decline to 43ic. for No. 3 and40c. for No. 3, the demand became very active, and yesterdaythere was a recovery of ^c. in prices, with a large business in thebetter qualities of mixed, including a load of choice State at 48c.To day the market was Hat.The following are closing quotations
:
No. ....... »b!>l. I3 503 3 35Baperflne State & West-_ern i 15,^ 4 60Rxtra State, Ac 4 90© 6 loWeatern Spring Whealextras 4 85® 5 indoXXandXXX 6 233 6 75do winter wheat X and
^. XJ •; 6 26® 8 15Oity shipping extras.. .. 5 25<a 6 DOCity trade and family^brands 6 253 8 00Soathecn bakers' and fa-mllybrands 7 00(5 8 75
Bouthern shipp'g extras.
.
5.^0^6 75Rye flour saperfine 4 75^5 00Cornmeal—Western, Ac. 2 6)® s Oi'.
Ootn meal—Br'wine. Ac. 3 25® 3 40
Ubaih.Wheat—No.3 6prlng,bu6h.|l 08 a 1 M
i4o. 2spring 1233 128No. 1 spring 1 32a 1 38Red Western l lu® 1 30Amber do 1 35® 1 47White 1 40® 1 55
Corn-West'n mli'd,new 68a 63Yellow Western, new. 6)® 64Southern now b0@ 64
Rye 82a 68Oats—Mixed 42a 48White 46® 51
Barley—Canada West... 1 ooa : 25State, 2-rowcd 70a 90State, 4-rowed @
BarluyMalt—State . ... 95a 1 15Canadian 1 U® 1 30
Peae-Canada.bond&frfie 97® 1 15
The movement in breadstuBsat this market has been as folIowa
:
Flonr, bble.
C. meal, ".
Wheat, bus.Corn, "
.
Ryo. " .
Barley. ".
Oats...." .
-MOBIPTBUT NKW TOBK,. 1876. ,
For the Since Sinceweek. Jan. 1. Jan, 1, '75.
73.<,5«4 519,9-25
37,244l,8],S,a68
2,!)3.'i,l;i3
27,5321.01.5,6!»
1,327,242
-KXPORTS FBOH KltW TORS. ,
73,6733,228
164,175393,341
6,16047,419
253,691
40,7241,265,209
1,758,6639. ,500
419,8621,350,769
The following tables show the Grain in sight and the move-ment of BreadstuSs to the latest mail dates
:
BBCBIPTB AT LAKE AND RIVBR PORTS FOR THK WBBK BNDINOMARCH 4, 1870, AND FROM AUGUST 1, 1875, TO MABCU 4, 1876 :
. 1876, , . 1875. .
For the Since For the Sinceweek. Jan. 1. week. .lan.l.21,891 S5»,772 41,528 336,318
Jt-O 28,4i6 3,518 25,725400,802 2,950,068 354,391 2,492,099314,417 2,667,635 874.% 1 2,766,50:1
15,387 a,86s 3,1682t) 110
60 46,266 3,2.S4 22,220
Flour,bb'B.
At-Chlcago...- ., _ 32.1.,Milwaukee 36,)6SToledo 195Detroit e,o:iCleveland 9,1878t.Lonie 33,520Peoria 1,425DolBtb
Wheat,bush.
(;96 lb?.) (60 lbs.)"'3.5.1,773
306,47567,33461,57312.950
129,32110,6102I,2!1
Com,bush.
(56 lbs.)
660,32032,700
204,9149,5827,600
651,415172,650
Oats,bush.
Barley,bush.
Rye,bush.
(32 IbK.) (J8 1b«.) (56 lbs.)
178,113
42,44816,09215,363U,7.'H)
138,305100,500
46, 171
29,7M
14,7713,60021,5t824.600
6,1.'.5
8,400
8,17812,120
Total., 102,039 86),387 1.639,331 504,203 143,788 89,917
Flonr, Wheat, Corn, Oa-.e, Barley, Rye,bbls. basb. bash. bnsh. buph. bnab.
Previous week 84,784 685,610 1,450,666 463,278 153,794 35,859Cone8p'Dgweok,'75. 61,402 83;f,698 7.54,:i53 317,801 64,476 2l,8l0
" '74. 122,930 824,055 607,991 311,468 111,791 2;,9n" '73. 101,332 443,743 1,056,410 391,109 18'i,346 .30,0:)6" "(J Sl,3'i9 197 919 1,016,666 275.417 82,342 87,788" '71. 74,271 2S2 731 325,01S 111,859 41,142 16,650
Total Aug. 1 todate .2.99:t,805 44,550,17:1 89,922,915 17,287,290 6,069,.371 1,500,600Same time 1874-5.. .3,252,(K)8 41,24.).148 86.705.633 14,419,936 5,111,9.34 932,.370Same time 1873-4. ,. .3,878,898 56,317,0.37 .32,905,871 15,789,149 6,343,291 1,408,837Same time 1872-3.. .,8,3;6,931 34,94.},68« 36,405,248 15,3)2,669 7,575,361 1,349,048
• Estimated.
Snip.MKNTs OF Flour and Grain from the ports of Chicage,Milwaukee, Toledo, Detroit, Cleveland, St. Louis, Peoria andDuluth for the week ended March 4, and from Jan. 1 to March 4,
inclusive, for four years :
Flonr, What, Corn, Oats, Barley, Rye,Week— bbl?. bush. bush. bush. hu»b. bush.
March 4, 1876 113.038 409,:i3» 1,196,811 240,9,57 7i,718 16,400Fob. 26, 1876 a5,1.58 313,239 72.3,682 20.5,678 60,403 20,750Cor. week '75 50,734 123,896 195,617 !09,2'3 31,143 14,.3l6
Cur. week '71 107,026 400,526 143,008 131,706 63,828 10,408Cor.wcek'73 88,157 153,318 251.086 832,926 138,627 8.038Cor. week '78 72,208 7 •,473 578,136 170,879 149,568 7,818Cor. week '71 68,156 48,431 172,696 34,653 10,591 8,912
Jan. 1 to Mar. 4, 1676. 133,028 8,691,805 6,78.-.,771 1,608,029 581,2.58 142,637Samctimel875 679,459 2,028,943 8,4.33,972 1,415,098 452,150 137,574Simn time 1874 1,0S8,C77 0,510,835 1,893,1.53 1,W0,706 i9l,7.)0 132,871Same time 1873 763,187 1,248,965 8,416,799 1,694,977 69'J,424 76,038
RKCBIPTS OF FLOUR AND GRAIN AT 8BAB0ARD PORTS FOR THEWEEK ENDED MARCH 4, 1876.
Flour, Wheat, Corn, Oats, Barley, Rye>At— bbls. hush. bnsh. bush. bush. bush.
NewTork 68,551 159,.390 214,976 288,210 31.000 5,992Boston 31,366 3,7-38 103,757 31,'499 13,195 1,200Portland* 18,.30« 30,000 10,600 1,51)0Montreal 5,474 26,W) 400 3,000Philadelphia 17,510 107,4dO 810,100 118,900 33,500Baltimore 16,226 17,860 70i,900 3,170 .... 1,800NewOrleans 11,997 .... 802,232 28,501
Total 1.55,424 S.lt,6'28 1,674,865 405,891 80,695 8,998Previous week 164,788 301,816 1,719,.'W 303,403 1.56.946 1,680Cor. week'75 114,427 883,800 659,915 805,687 80,898 3,400TotalJan. 1 todate. 1,.569,182 3,9S9,.t05 12,991.0^4 2,189,112 1,811,101 64,070Sametirael875 1;»ll,a79 2.713,460 10,568;678 2,470,841 416,212 :i6,oaO
Same time 1874 2,114,.537 8,310.720 6,481,235 3,067,074 465,437 294,648Same time 1873 l,287,8l« 1,596,221 3,877,996 3,319,317 631,455 83,802
• Estimated.
Thb Vihiblb Supply of Grain, comprising the stock In
granary at the principal points of accumulation at lake andseaboard ports, in transit by rail, and frozen in on the New Yorkcanals and on the lakes, March 4, 1876
:
Wheat, Com, Oats, Barley, Rytibush. bnsh. bush. bush. bush.
[n store at Now York 4,473,653 302.013 75-i.457 411,078 83,563tn store at Albany 9,000 12,000 81,000 207,000 88,400In store at Bufialo 1,291,278 29,488 86,011 100,195 18,6.11
In store at Chicago 3,320,718 1,976.743 696.879 489,74* 147,163In store at Milwaukee 4,003,726 44,651 110,568 168,019 30,418In store at Duluth 99,874In store at Toledo 527,7.^6 368,659 246,152 31,969In store at Detroit 2!,5,420 12,597 79,4S0 3-3,756
l» store at Obwcro* 135,000 36,000 15.000 4,500 3.000In store at St. Louis 441,169 713,002 162,306 103,595 19,237In store at Peoria 15,683 17,616 122,6:13 13,620 77,812In store at Boston 7:18 67,713 813.920 39,939 852In store at Toronto 788,190 l.SHO 6,734 306,669 1,816In store at Montreal 834,3:15 51,-574 17,466 6,541In store at Philadelphia* 360,000 410,000 185,000 40,000 4,300In store at Bnltlmore* 35,873 881,587 30,000 4.000 1,500Rail shipments week 409,:i39 1,196,811 240.957 72.718 18,400On lakes and canals 665,554 130,000 180,000 1)0,000
Afloat at New York 200,000 .... .... 130.000
Total 17,10S,279 6,23.5,796 A26l,553 3,053,331 420,421Feb. 26, 1876 17,034.322 5,866,351 .3,226,314 2,151,806 431,397March5, 1875 12,109,533 7,-376,533 3,313,489 1,179,740 295,378
• Estimated
THE DRY aOODS TRADE.Friday. P. M., March 10, 1876.
The package trade in domestic cotton and woolen productions
has been quiet the past week, and prices have not been so firm
as could be desired. Some pressure to sell was exhibited on ths
part of manufacturers' agents, and more disposition to place
goods " on memorandum" has been evinced. The jobbing trade
has shown more activity, owing to the arrival of buyers fromvarious parts of the interior, who have been induced to operate
with a fair degree of freedom, because of exceptionally low quo-
tations for many descriptions of domestic goods. Prints con-
tinued in a demoralized condition, and further price reductions
were made openly, besides which heavy sales of certain styles
were effected on private terms. It was a IXisy week in the auc-
tion rooms, and large quantities of imported merchandise weredistributed through that medium,but transactions with importers
lacked the spirit of former seasons, and were light in the aggre-
gate amount. The export trade in domestic cotton goods has
shown a gratifying increase, and shipments for the week reached
3,583 packages, of which 2,157 packages were sent to China in
execution of orders placed some time ago. In print cloths the
movement has become important, and about 15,000 pieces weeklyare now being shipped from Fall River to England, which will
be increased to 20,000 pieces weekly as soon as a sufficient num-ber of looms can be changed to'make the reqtiired widths.'
f March 11, 1876] THE CHRONICLE. 263
Domestic Cotton Goods.—Heavy BtaoUard, fine brown and
popular makes of four-yard brown sheetings were in fair doinnnd,
and prices ruled steady, with the exception of a few lo:iding
standards, on which an increased discount of 3^ per cent was
offered by agents. Fine and medium bleached shirtings were fairly
active and firm with agents. (lolored cottons continued slugniHh,
except denims and cheviots, in which there wbh a moderate
movement. Cottonades were lcs.s active and outside makes were
ofTered at prices which aro signally unprofitable to manufacturers.
Corset jeans and satteens wer« in steady request and firm. Mar-
seilles, jacquard and honeycomb (juilts and piques were more
sought for and met with fair sales. Print cloths were dull and
weak, with a decline to 'ilc. cash for extra standard 04x04 clollis
—the lowest price these goods have ever touched when reduced
to a gold basis. So much for over-production. Prints remained
in an unsettled condition, and Pacific, Cocheco, Manchester, Ham-ilton and all other leading standard makes wore reduced to 7c.,
while Sprague's, Southbridge and Allen's declined to 6Jc for fan.
cies and Oc. for shirtings. Old styles of fancy prints were offered
in large quantities by the principal jobbers, at prices ranging
from 4jc. upwards, and met with liberal sales. Wide prints,
percales and cambrics were in good demand, and there was a
satisfactory movement in ginghams and cotton dross fabrics.
Cotton hopiery was less active than when last reported upon, but
steady in price.
DoMBSTic Woolen Goods.—There was not much, if any,
improvement in the demand for mon's-wear woolens by the
clothing trade, but cloth and dry goods jobbers invested in a fair
aggregate amount of cassiraeres, suitings and worsteds of the
finer grades. Goods of an inferior character are in over supply,
and are found difficult to move even when offered at a marked
concession from nominal holding rates ; but fine makes are less
plentiful, and as many mills have already diacontinned tho pro-
duction of light weights, the supply of really desirable fabrics is
in good shape, and there is a fair prospect for the distribution of
stocks on hand at about current pricfs. Cloths and doeskios
were taken in small lots for the renewal of assortments. Ken-
tucky jeans were in moderate demand for medium and fine quali-
ties, and low grades were fairly active. Satinets were in limited
request for printing, and small lots of mixtures were disposed of
but plain blacks ruled quiet. Tweeds and repellents movedslowly, and flannels were in strictly limited request. Worsted
dress goods and shawls were in fair demand by jobbers from all
parts of the country, and were steadily held by agents.Foreign Dry Goods.—There was a fair movement in dress
goods from the hands of importers and jobbers, and, as it hasbecome apparent that the importation of British and Continentalfabrics for the spring trade will be exceptionally light, prices ofboth staple and fancy goods are firm. Low and medium gradeblack and colored silks were in steady but moderate request,liinon goods were comparatively quiet in importers' hands, butwere largely sold at auction. Plain and fancy white goods wererather more active, and very heavy line* of Hamburg embroideriesand laces were distributed through tha auction rooms at fair
j>rices. Ribbons and millinery piece silks were in better demandfrom importers, and were duplicated in the auction rooms inconsiderable amounts. Woolen goods for men's wear continuedquiet and depressed, aside froai a few strictly desirable styles ofcassimeres and worsted coatings which met with fair sales byimporters and cloth jobbers.
Importations of Dry Good*.The importations ol dry goods at this port for the week ending
March 9, 1870, and the corresponding weeks of 1875 and 1874have been as follows :
NTBBSD »0B OONSOMPTION FOR TH» WBSK IKDING MARCH 9, IS'B:
Bzporia of l<eadlUK Articles Iron I1e%v York.The following table, compiled from Custom Uuuse returns,
shows the exports of leading articles from the port of NewYork since Jan. 1, 1870, to all the principal foreign countries,and also the totals for the last week, and since Jan, 1. Thelast two lines nhoyr total oa<u<4, including the value of all otherarticles besides those raentioned in the table.
s
Sg2 °88 S?*.^'
»gg=a'-2f6 g :
»i • • • „- g5
S 2S
30 •«- .q ••-« ••-*r2Jirt .iM .^ .»0 .(/)•-'»
ot -r
mo
a-
:S -.^ :2 :
:S§g•r-Ot-' aim
.« :
JOOOtM.-JJ
.p :
g's"
9S!
* Ol QO TO O
s $s
•CO'?*
>>«, : «• »i o
" •§-'tr*'H •r~l^ • •1-* • •-'CI jO •^t^t-JOtH Xi I- ^
-OTf ;-W^
. .-j»-(0 •-"
|«5. . . .« ot- - 'O* • • -tn 'Otin • 1^
:n .S? : :SS's ;s;
8"5
S ::•"2
Manafactares of wool. .
.
do cotton
.
do Bilk
do flaxMiscellancoaadry goods
1874 , . 1875 . .
Ptga Value. Pkes. Valne. Pku.1,178 $329,(.90 1,259 $572,532 1,374.1,529 46H,7.M 1,901 .567,7.31 1,883. 590 4:)4,68J 980 649,122 877.1,293 242.147 1,:«3 83:j,993 2,084
565 159,799 8.066 184,158 5.256
, Value.$5.52,149
682,158685,52029.i,214
839,579
Total 5,149 11,856,072 7,542 12,307,588 11,176 t2,.352,633
WITODBAWN rROK WARSHOUBB AMD TUUOWN IHTO THS XARKBT DURINQ TUBBAMR PRRIOD;
Manafactares of wool 859 1393,382do cotton.. 014 172,012do Bilk 160 115,876do flax 1,122 211,319
MlBcellaDcone dr; gooda. 2,016 46,103
Total 4,851 »968,6!)2Addont'dforconBumpt'n 6,H!I 1,856,072
672673l.'.S
7911,680
$273,606168, 1H8
148.861181,01644,894
670473113615
3,503
t282,8M140,474133,636172,503
38,362
g o„; -TO
as 2?
OH
09
OM
• -C Tf « • • »•
•"'-S «!
ol
'"i
: :s«n t«
.^ ^ <0" O t EO <0 O) « CQ « «_
3,874 $816,565 5,416 $767,8657,512 2,:j07,586 11,476 2,352,629
ToUl thrown upon m'k't. 10,000 $2,831,764 11,416 $3,131,151 16,891 $.3,!30,491
BNTSBBD roa WAREHOnBINfl DORlNa BAHE rRRfODtHanoflctareBOf wool 606
do cotton.. 328do Bilk 120do flax 676
HIscsllaneoaB dry goodr., 92
$276,809102,810108,623171,067
29,802
$089,141l,t56,072
Total 1,822
MdeDt'dtorcocBamptn 5,149
roUl entered ai the port. 6,971 $2,515,313 16,792 $3,177,453 20,166 tz,79},051
804522142760
6,982
9,2107,542
$339,263174,482128,895168,318
68,909
$869,8672,301,586
351370101268
7,597
8,69011,476
$118,752Ill,a3110I.281eo.RM47.49S
1439,4222,352,629
83g
W'rf!i§"
:S ' .oC** Sg;
«agi
I s
J »o « ta
^2 5
aX> OB « « « w "
aos .
• s
.
" a 'or©golFKoaouOH
^0»
s i bI
•
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: : :* is:
•Sg'33355
2H4 THE CHRONICLE [Match 11, 1876.
» 7 (M«* N IHl
«t f.0 0"a 1 511
»<»
a 92 UU@ 18 00
7 «I ma
UENERALPRICKS CUkKKKT.
iSHBS-Pot.. V n. 5 a
BRBADBTOPF'S-Seisapnelklrsport.
BUILDING MATKlUiLS-Bricts—Common riard.atloKt,.^ M 3 MCroton 11 00Pbllftdelplita tualng U IHI
C«m<«(— 1{ TSfMianir ?* bl)l. 140Lime— liock\ikn(\, common t* bbl. 1 00
iCockland. flnlNblng 1 o5I.M»lft«r—Soutliera ;'*ie..ii' M leet. 20 :>u
White pine box honrds 1.") •)^ „White ploomerchan. box boartU. H 00 i^ 21 00ClearplDe 4500 55 00Oak and ash 33 00 0t IC onBlackwalnut 75 00 @ °0 00Spruce boarilR & olanks 19 00 9 22 00Hp.ralock boards & planks Ifi 10 9 20 OO
*«i/.^—lOv^SOd.roni.fcn A sh.)) keg 2 85 9 3 lOClinch, IH to Sln.Alongor 47- a 9 5'j
Mftoa > 25 a ....Cut6plkes,all8lzes 3 23 ^ ....
Frtint*—Ld.,wh.Ani,niire.lnoll ¥* ft O lOHLead, wh. , A.inp.r., pure dry fl j2 iv*
Zinc, wh.,Aracr. dry. No. 1
Einc, wh.. Amcr.,No.l , In n1'
Parltwhlte.Bnir.nrlmi! BoM*iI«IbBaTTER-(Whole8«le Wrlces)—Half flrklnsCKast'u/ com tosel.V Ift.
Welsh tubs, •HaltBrktnsCWeKt'n)Welsh tubs ' " " "
CHKK8K—Nei¥ Htate factory, fair to »'ood,^ R>
Western, gooa to prime *•
COAL,-Anthracltc (by cargo) !» ton.Liverpool Kar cannelLWerpool house cann3l
vovrsK-ttlo. ord. car. 60 da> Band gold. ^ lb,
do fair, do gold. '•
do good, do Rold. "
do prime, do .. ..gold. "Java.mats and bags gold. "
Native Ceylon, ....<uld. "
Maracalbo gold. "baguayra gold '*
St. uomingo gold. *'
Savanllla gold. "GoetaKlca gold. "
COPPKK-Bolts * ».Sheathing, new (overl2 oz;Braziers' (over Ifioz.)
American Ingot, LakeCOTTON—dee spectal report.
DRUGS A> DTKS—Alnm, lump ^ Kp.
Argols,crude gold.Argols,refined '•
Arsenic,powdered "Blcarb.Boda.Newcastle.l" lOnii,
••
Blchro. potash.... iftib cur.Bleaching powder ¥* 10 n> "
Brimstone, crude, per ton gold 4 31 50Brimstone, Am. roll vm. 3^®Camphor refined 25y3 2«Caatoroll.B.l.lnbond. V^al.gold la 70Caustic soda * i;-0 1* •• 4 I8V» 4 .SlvChlorateiiotash *Ib " 21.149 22Cochineal, Honduras ••
15 dOochlneal, Mexican ' i1H9
il ®15 Q16 aIIX*
S 25310 COot15 004 I
15 «
U 4I7Si92' a
i« «;;««15 A16 @17 a
... »
•iX41ft '3
27iV-»3Xe
i it- 95H'4
1 05 -
41)
3527
2i
13
11
6 VO
00
15XW\IVAIS
2519
IBSH18
i\22
31«
425"'
16
2 (10
Cream tartar, prime Am. & Fr..lubebs. Bast India..
5 85
1 20 a17
IIV«.w a25 a20 19
4 a
lya4 12M8
....a67 a
2 20 a
Cntch gold.Bambler *100». •einseng cm.Glycerine, American pure *'
Jalap goldLicorice paste, Calabria cur.Licorice paste, SicilyLicorice paste. Spanish, solid. . .goldMadder, T>utch ••
Madder , French "^ Kntgull8,blne \Ienpo cur,
or. vitriol f«6 Brimstone)Opium, Turkey (In bon1),gold.PruBslate potash, yellow. Am. .cur.Quicksilver gold.
.Qnlnine cur.Rhubarb, China,good to pr "Sal soda, Newcastle.. V U<U lb, *;oldShell Lac !•• ft.
Soda ash, ord. to good. ¥i 100 Iti. (roldSugar of lead, white ^ ih.
I lyitrlol. blue.commonFISH—George's and Gran 1 Bank cod,pcwtMackerel, No.l, shore (new) pr. bbl 26 00Mackerel, No. 1, Hay 20 00Mackerel, No. 2. shore (new) 16 00Mackerel, No. 2, Bay 16 00KLAX-North Ulver,pr:mc * !b 15
FBUIT-BalBlQB, Seedless. new,i>er 501b. fraildo Layer, newdo Loose Muscatel, newdo Sultana, new perlb.10 Valencla.new
Currants, newCitron , Leghorr , newl*runeB, Turkish
do French, new'Dates, newFiirs, fiewI'anton Ginger V CBBe.Sardines, V hi. boxSirdlDei,#ar boxMacaroni, Italian ^ ft
Domesttc. Drieff—AppiCB, South, sliced, 1fl75orop.VIl>do Tenn., quarters .
do Ftate.sMcfddo do quarters<\o Western, quarters
P'-aches. pared, fia. goo 1 and prlmi*do unpared. halves and qra,
Blackberries ,newR;v8pberrieB, newCherriesPlums
GCN^IBS.—See reoort under Cotton.
HKMP AND JJTE-Amerlcan dressed....Amerlcai. undressed.Russia, cleanItalianManilaBlsaliyte
a
GUNPOWDBB-BLA8TING FOR RAtLHOASS, &C.
3} la, any slzegraln. In2.=)1b keifB 92 50Saltpetre do do 8 00
sror.Tixo.Klectrlr. Nos. 1 to 5 grain. In I B) sq. cand 1 0>i
Diamond gnln, in ltt> cans 110OrariKe light iilog, Son. 1 to 7, in lib caii4 1 00Snperfl'<ti Kaglespor.lnir. In lib oval cans *<'
Amerii-an sporting. In IV) oval cans ^0Orangetlucking, l^os. 1 to 5, in ilbtrans 70Kuck Shooting. Nos. 1 1.) 5, In 6^B kegs 3 44
Ea^ie duck sliootlTir, No«. 1 to 3. In ti>; It k-^gs 3 41Orange ducking. XoB. lto5, 1n6l4 lb. kegs . 3 14
Kagle Juck snooting, No*. 1 to 3. WHIb kegs, f K8
Duck ShoottpB, .^08. 1 to 5 gr., 12Hibs 8 88Hazari's KcitucKy r.fle, I'l -val lib cans 45l>upon''srine Kg.FK^, FFFg. lib cai.s 4>Pupont'snflii, FKg, FKFg, 6!4lbs 1 45Hazard's Keniucki- rifle. FFFg, FKg, and SeaShoot ng Ve. fiwib kf!
4334y107
5S7M1 30
12'
.38
5
13X
1 m''28
68
i'751 no53
2 12X
1 4533
1 9518
8 a 8>i
Store Prices.e 5 76
a 28 00aa 17 00
2 so a2 75 a
!0>i9
30>i«....a
aiixa....a21 a
10 a«'4®
'.0 »9 a8M311 a
I Sea
1«X
5X.5«
14I 0(1
22
ii"
lox8SlOX
I'-*8V16
12X
una19 a20 «WW*18 -
2 624 75
80
23
20X20
a 19aa
111
9
12
is"
13
in a lOU9X8 12K13 a n
... a 11
9 a 9«
23 on <a;i tv a
Dup.inf- rifle, Ft i.', FKKg.UKlb k'xn ...Hazard's Ke lucky rillp, FFFg. CFg, andShooting Kg, rjxib kewB
Oram: r ne. Kg. KiTg. FFrg. 2i)ib keisHaz .rl'B Kentucky ntle, Fg, FKg, FFFg. 251b
kegs 4*5Dupont' rltle In '251b kegB 4 75
HAV-ThlDP'cs I» lOII lb 75 a
UIDKB-iirtf— Buenos Ayres.selected.ii'Ibiold 20 aMontevideo, do.,,, "Corrlentes, do,.,, ••
Bio Grande, do..., *•
Orinoco, do.... *•
California, do— "Matam. and Mex. BB they run "Maracalbo, do— "Bahla, do.... "
Ory Rafted—Maracatl/O. do.... "Clllll, :io.... "Pernambuco, do ... "Savanllla, do ... "Babln, do— "
WetSalted—Bucn. Ay, selected "Para, • do ... "California, do ... "Texas. do— cur.
A. /. ^(ocJt—Calcutta -ilaught... goldCalcutta, dead green •Calcutta bud'alo "
IK(^^-rig, American, No.l ^ ton.Pig, American, I(0. '2
PIE, American, Forge.... 20 00 « ..
Pig, Secteh 29 50 <?« 3? 50store Pi-icea,
Bar.Swedes.ordinary sizes. .V ton. 130 00 a ....
Scroll 70 00 ®r20 fO
Hoop WW ial30 00
Sheet, Ru»Bla. as to aBsort.. gold *Tb ;;«@ 12
Sheet, single, don>'le ft trenle, com. 1«a inHall", .\iiior., at Work? In Pa. ..car. 12 00 Iti 45 00
Steel railB 63 00 a 67 DO
LKAIl-OrdlnarylorelgnPomeaticBarSheet
LKATIIBK-Hemlock.Buen, A'res. h.,m.&l.\fil>>.
" California, h., m. & I
" coram'n tilde, h,, m. ft 1
•' roughSIaught*'r cropOak. roughTexas, crop
MOLiSSKS-Cuba, centrifugal and mixed,* cal.
Cuba, clayed**
Cuba, Mufl., refining grades.. "do do grocery grades. "
Barbadoes "Demerara "Porto RicoN. O., cjm. to choice new— *
NAVAl. ST0BK8-Tar, Washington .
Tar, Wilmington ,
Pltcl.. city
SILK-Tsatlee, Nos. 1 & 2 *» 5 50 a 600Tsatlee, re-reeled 4 50 a S 37HTayBaam,No.l 5 12),» s 25Canton.re-reeledNo.l4t2C3tngonn 4 75 « 5 00
SPICKS-Pepper, BatavU V D.gold ado Singapore 11 ^ —do white.... 23 a
Cassia, China Lignca ... ''2 » 22^do Batavla ma 22
Ginger African 10 a 10)»
do ualcntta 8 a 8}cMace 1 1'5 9 1111
NutinegB,Batav1aand Penang 95 a 1(0Pimento, Jamaica l^HaCloves r 40 « 41
do Btems '' w ••
SPELTER—Foreign ,.
Domestic.. ..'.00 ».gold.
cur.37Ka62X«
7 75
7 75
SPIRITSBrandy, foreign brands nal'. 3 50 aRum—Jam., 4th proof " ° '- »St. Croll, 3d proof "
Gin "Domesticliquora—Cuyi .
Alcohol (90 per ct) * gall.
gold.—-»|
S 453 00
2 12
Whisker 1 f
15 001 mf v\S 25
2 la
1 09X1
STEEL—ii^ugUsh, ca8t,2d&lBlquallly Ihlbgold
English. snrlng,2d ftlBtquallty.. "
English blister, 2d 4 Ist quality.."
Entrlisb machinery"
Kngllsh German, 2d ft 1st quality "
American blister cor.American ca8t. ToolAmerican cas.t springAmerican machineryAmerican German spring
Store Prices,i4><a 16
9 a9X®losa
.... a
.... a... a
««14
lOH
11
10
. * 100 lbs. gold
'.'.!'.'.'.'.'.'.'.!*lb.
.* bb).
7 no a 7 12X6«2Ma 6 75^%»9K®
22X3 26?2 » 1522 a 2526 a 27.'1 a 33'26 a 2931 a 32
22 13 26•29 a 32311 <* 33SO a 4038 a 4035 a 4'i
411 a 5"45 a 58
2 00 9 2 12XiVi'49. 2 25
a 2 1039 a
1 60 «t 1 652 i'-)<a 2 87>^1 e-. a 1 753 87 utt 5 767 UO a s to
Vtoa. 190 90 a2li 00135 00 @140 00
gold.22S00 a225 00•' 260 00 aais 00
»» " T a 7K" 4)<a 4vl" 3X* SJ<V
Spirits turpentine » gal- 39 ®Rosin, strained to good 8trd.» bbl. 1 60 a
•• low No. 1 to good No. 1 " 2 l'2Xa" low No. 2 to good No. 2• low pale to extra pale..• window glass.
OAKCM—navy to best quality...* lb. 750 9*
OIL C 4.KB—City, bag gold — a —Western cnr. 41 50 a
Cotton seel, crude i^ gal. 4S a 50
Olive, in casks* gall ' 1 20 a 1 a,")"
Linseed, casks and bbls " SB a 60
Menhaden, prime L. I. Sound *• 4-i A 50
Neatstoot " 8i a 1-20
Whale, bleached winter ••.5 a .S
Whale, Northern " 70 aSperm, crude " 15' ft -•Sperm, bleached winter 1 9ii a —Lard oh. Winter " 1 06 a 1 07
PBTBOLECM- ^ ,
Crude,lnbulii * g 1. ...« i%Ca'ies " IS a 20
Refined, standard white " ....a 14
Naphtha, City, bbls " ....a 9HPKOVISIOHB—Pork, meBB Vbbl, 22 80 » 23 00
Pork, extra primu " 19 00 ® 19 26
Pork, prime mess " '20 50 » 21 50
Boot, plain mess, new " ... « IJ 50
Beef, extra "ni-is. " " 13 00 ® 13 5n
Beof ha.ns. Western, nominal " 24 00 a 26 00
Bacon, Cl:y long clear » ». ...aHams. smoked . 15 *Lar '.City steam,.. ... " ....It
RICE-Carollna, fair to choice V lb. ej^*^
Louisiana, good to prime ..." _ 6HaRangoon, In bond gold. * lOO lb. 2 45 aPatna * "i- ''-4®
Turkslaland * bnah aSt. Martin's -i-'-^- , i;, -2LWArnoOl VSTlOUBtOrtB V) BftRK, 130 9
8ALTPETRK-Reftned,pure *,» -•'*Crude (told iHANltratesoda perlOOlb. " ....a
8BED-Clover, Weatern * ». '-4 aTimothy » buBh. 2 50
Hemp. foreign 1 bO
FUx, American, rouifh 165Unseed Calentt* * StD gold. 1 85
8DGAB-;.it>»,inI.to com. reli-'"*'g —V vt>.
- do fair••
-™-do £00d refining00 prime, refining "do talrtogood (trocery......
do oentr.hhdB.ft biB, Nos. 8918Molasses, bhds ft bxB •»Melado -— ;-•• •-
Hav'a.Box.D. 8. Nob. .®9...
do do do lOalSdo do do 1S®15do do do 16®18do do do l!l@20
do do whitePorto Klco,reflnlng,com. to prime,
do grocery, fair to cnolt*..
Brazll,bags,D.B.N0B.|allJava, do. D.S., Nos.lO-alJManila, superior to ex sup.
N o.. refined to grocery grades. ...
Kedned—Hiird. crushedBard, oowdereido granulalea
ii Sdo cut loat i.,2
Soft while, A. atanoaro centril... 9Yado dt» otT AWhite extra CYellow doOther Yellow
sxa9»a8 a
.CUt.*Ib
TALLOW-PrlmecltyWestern
Uysuu, Commoa to lalr.
do Superior to fine
do Extra fine to finest «do Choicest ;'
roung Hyson, Com. to fair ado Snper.lo flue. 37
do Ex. fineto finest
do ChoicestBunpowder, com to fair...
do Sup.toftne.do Ex.fine to finest "»
do Choicest ' '"
Imperial. Coin. to fair 3u
i.o Sun. to fine Jldo RxIrafVnetoOneat......... j»
pysonSkln.ftTwan.-com. to fair
do do Sup. to fine.....
do do Bi finetoftnest.. ..
UncoloredJapan.Com.to lalr "'
do Sup'rtoflne JJdo Bx.flnetoflnest "J
Oolong, Common to lalr,»^ l2
do Superior to fine "^
9X»x9M9
i'A
m19
9021;
40
95
;o
751 15
ri
5S75
1 20.'4
48
752)
26
aa
- aNomlonWR1
a 5<
dodo
Kx fineto finest.
Choicest.Sonc.ft Cong..Com. to fair Q
TIN-
dodo
Snp'rto fine..
Kx. fineto finest....
22 t
•.•x«...»
7 » at ^5 @
5 ®7H«20 a« &16 tf
13
15t4
135«
7X6V
2 90
7X
25SO
2 50
lax
i 75
14H2 751 851 76
1 »7X
Banca gold.**Straits ..
Kngllsh, refined.....Plates. l.C.charcoal • op^-
piates.char. terne
TOBACCO-Kentucky lugs, heavy, n._crop.*»
Seed leaf-New Kng. wrapperj'78....» do fillers. tS
Pennsylvania assorted lou. '78
Havana, com. to fine
Mannfac'd. In bond, black work >
" •• bright work "WOOL— ^ _ jnAmerican XX.. •»' "American. Nos. 1 ft 2 wAmerican,Combing •"
Extra. pulled™
No.l, Pulled SJ
California. Spring Clip- „Superior, unwashed '
Medium fiCoarse .'n
Bnrry .South Am. Merlnr, unwashedCape Good for.", nnwashed i
T«ia«, fine. Eastern Vl
Texas, medlnin,East''rn • '.
Smyrna.unwashed gold. "
^She^ » 1>, gold. net
.-aTRA».I. d. ». 1.
...a k3 0®..
85 S3550 n a....
K35J
70
3250
75
17
1611
1 Ml
7(0
154^
6
25
1 2.1
27
n1-3
.2
FBBlGHTb-To LlTRRPOOl.
:
Cotton ttL,Flour * bbl.
Heavy eooda. .Vt.on.
Oil * tun.Coni.b'lkftbgB. * im.WHeat.bUK&bags..Re«t * tee.
refk Vbbl.
i I
i« I350
i%» it. aAtL.d. * '*•
7Hfe-.-5 6 a ..
3 9 a...4 33 3
a 25
a ;'.;
March 11, 18760 THE CHEONICLR
Commerolal Cards.
John Dwight & Co.,MANUPACTURKRS OP
SUPER-CAKBONATEOP
SODA.No. II Old Slip, New York.
The JODOIDK Trade ONLY Supplied
Smith, Baker & Co.,
coinraissiON merchantsVokoliama and HIoko, Japan.
KKfliUHKNTED BY
K. W. CORLIES,aen PIu* street. New York.
Oommeroial Cards.
Olyphant & Co.,COMMISSION MERCHANTS,
HonK KonKi SlianKlial, Fooeiiow ACanton, China.
RXPUKHEHTED BY
OLYPHANT ic Co., of China,lo4 Wall St., New York.
George A. Clark & Bro.
FinanoiaL
B. G. Arnold & Co.,
laS FRONT STRKET,MPORTKRa AND DEALERS
COFFEES AND TEAS.
JEWELL,HARRISON& COMPANY.
PURE LARD PACKED FORALL. CLIMATES.
PKOViSlON DEALKlt* AND MAN UfACTUKBK"OF LARD OIL 4 D STKAKINK.
KSTABLISHKD 1841. NEW YORK.
F. LB. Mayhew & Co.,140 Front Street,MANUrACTUKKBB OP
OILS—SPKRM, WHALK, ELEPHANT * LARD.CAN DLKS—SPERM, PATENT SPERM, PAK-
AFFINE, ADAMANTINE, HOTEL ANDRAILROAD.
For Export and Home use.
PARAFFINE OILS, WAX AND BEESWAX.
ON.T
nULIYARD'S HELIX NEEDLES.337 and 339 Canal street,
NEW YORK.
Brinckerhoff, Turner
& Co.,Manufacturera and Dealers n
COTTONSAILDUCKAnd all kinds of
COTTON CANVAi.. FKLTINO DLTCK, CAR COVER1NG,BAGGING.KAVENSDL-CK, SAIL TWINES.
*C. •• ONTARIO" SEAMLESS BAGS,"AWNING STRIPES."
Also, Axeuts
United States RautInK Company,A full supply all Widths and Colors always In etock.
No. 100 Dnane Street.
Henry S. King & Co.,R A N K K K « ,
4i Pall nallv London, Kncland.Issue CIRCULAR NOTES /rM oy cAar0<, afsllaMa
Id all parts of llie world.
Grant COMMERCIAL CREDITS for use a«alntt
ConsUrnmenta of Mercliandiae.
Execute Orders ou tbe Loudon Stock JCicbang*.
Make Collections on all Polut*. Receive, Deposit
and Current Accounta on favorable terma.and do at
General London and Foreign Banklug Busmeea.
KINO, RAILLIB ic CO., Liverpool.
NaW YORK AGENTS,
ineeere. WARD, CAMFBELL Sc CO.
! ! ! R I C E ! !
!
Dan Talmage's Sons,109 Wall Street, New York.
A deer's Wharf, Charleston. S. C.
16 CoutI Street, Nenr Orleans
Quupowder.
GUNPOWDERDupont's
SPORTING, SHIPPING AND MINING
POWDER.DUPONT'S GUNPOWDER MILLS
(ESTABLISHED IN 1801 )
Have maintained their great' reputation for 75 yean.
Manutaclnre the
Celebrated EAOLE DVCKINO,EAOLE RIFLE, and
DIAMOND ORAIN POWDER.The most Popular Powder in Use. A-so,
SPORTING, MINING, SHIPPING AND BLAST
ING POWDEK,
or all kinds and descriptions.
For sale In all parts of the country. Representedl>y
F. L. Kneeland,TO WaU Street, NEW ¥OKK.
E.R.Mudge,Sawyer&CoAG
K
NTS FORWashlnstnn mills,
Biirllntftou Woolen Co.,Clilcopee .TIfg <;o.,
Kllertoii Nenr ITIills,
Saratoga Victory inrK Co.NKW TOUK. BOSTON.
43 &; M WniTa Strskt. 15 CniUMOST Si
.
PHILADELPHIA.J W, DATTON, 280 Chrstndt STEBET.
Henry Lawrence & Sons,MANUFACTURERS OF
inANILA, SISAL, JUTE ic TARRED
CORDAGE,FOR EXPORT AND DOMESTIC USE
GANGS OF KIQ'GING MADE TO OKDKK.
192 FRONT STRKliT NKW YORK.
f inane ial.
Brown Brothers & Co.,
No. 69 WALL ST., N. Y.,
Issue, against cash deposited, or satisfactory guarantee
of repayment. Circular Credits for Travelers, In dotlali
for use in the United States and adjaceut countries,
and In pounds tttrUng for use lu any part of the
world.
THKY ALSO ISSUE COMMERCIAL CREDITS,MAKE CABLE TRANSFERS OF MONEY BE.
TWEEN THIS COUNTRY AND ENGLAND, ANDDItAW BILLS OF EXCHANGK ON OUKATBRITAIN AND IRELAND.
Martin Lewis,Room 3. 43 PINE ST., N. Y.
DSALKR IN
Securities ol Solvent and DefaultedRR. Co's, also State. City and
County Bonds.TIMF LOANS NEGOTIATED.
Refers by permission to Messrs. M. K. lesup, Paton& Co., New York ; Messrs. Sontter £ Co., New York ;
Jou.s. N orris. r6q.,rre8iacut First NatlumU Hank,Haltlmore : Robert Mlckle, K8(i., Cashier Union Nat'l
Bank, Baltimore.
JALDEN QAVLORD, Mlscellaneons 8e. ourlties, No. 33 Wall St., New Hork. (P.O.Box
IJffl). Special attention given to St. Louis City andCounty Bonds ; Mlasaurl Conniy, City, Town andSchool Bonds. Also, to the Bonds aiiil stocks of thetollowlng l;allroad8 : Atlantic « Pacltlc, MissouriPoclllc. Souiu Pacltlc, Kansas Pacillc, Denver Pacltic,
North Missouri. St. Louis Kansaa City & Northern.Refers by permission, to Messrs. Vf S. Nichols & CoBankeri.Naw Tark>
Winslow, Lanier & Co.,HANKER<t,
«7 PINE STREET. NEW YORK.
Receive tbe accounts of Iniennr hanks, iMnkancorporations and Merchant.Agenta for the sale of City, Cnuniy, and Railroad
Bonds ; Iseue Letters of Credit for foreign travel.
LONDON CORREUPONDENTHCITY BANK. Ttareadsieedle Street.
Greenebaum Bros.& Co.,BANKERS,
1 Nassau Street, Neiv York,
(CoRNaa OP Wali. Stkkkt.)
CHICAGO U0U8K: HENRY GREKNKBAUM 4 CO
Issue Bills of Exchange, Travelers' and CommercialCredits, aUo Telegraphic Transfers of Money, avail
able In the leading cities of Europe and the United
States.
Deposit accounts received on favorable terms.
We otter for sale a limited amount of
West cliicago Park 7 Per Cent Bonds,.Due 1890.
Adolph Bcissevain & Co..
BANKERSaM)
coin m issioN m erch ants.,.
AMSTERDAM, HOLLAND
Buy and Sell on Commtss'on American Securities
lu Holland and otler Continental Markets.
Mak ' Coll< ctions throughout tbe Continent ot
Europe.
Make Payments on Letters or Credit to Travelers
and transact a general American Banking Bnsiress.
Uefer by special permission to Messrs. Blake
Brothers & Co., Boston and New ^ ark. and to Messrs
S. Hi W. Welsh, Philadelphia.
N. T. Beers, Jr.,
Brooklyn Stocks,GAS STOCKS,
»X WALL STREET,Dealer In Railroad and Inveatmenl Stocks and Bonds
MEN AND IDIOMS OF WALL STREETIs a new T^ paee book glvlDp the highest and luweatprices of Btix-ki for 15 years, complete list of defsulledlallroadi. Black Friday, sketches I'f leading opera-toiK, and the method of deallug on small sums ofmoney. Copies sent free lo any address. Oraers forstocks and *to k privUegei executed by mall and tele-
graph, coiiectious made, money invested, aud informatioD e en by
JOHN HlCKLIi'^O ac CO.,
Bankers and Brokerii, W BliOADWAV. N. Y.
Banks, Bankers and In-
surance Companieswishing to purchase OFKiCK FURNITUKK, will find
a line asAortment. at prlCM to suit tbe UioM, ftt Ike
eitabllsbment of
T. G. AKLIdBUr,103 Fulton St., New Tork,
Fine Cylloder uid Koll U««k» a Sp«cUltf
.
'JHE CHRONICLE LMaicn 11, 1.876.
Financial.
Knoblauch
& Lichtenstein,BANKERS,
36 Broad Street, New York.
Make Telegraphic Money Transfers.
Draw BIllB of Kxctaange and lague Lettera of Crediton all principal cities of Europe.
SPKCIAL rAKTNKlf,DECTSGHE BANK, Berlin.
<A^ Co.B A N K E R !S
,
4 WALL 8TKEKT, NEW YORK.
Certons keeping accounts with ns (currency or gold'nay depoatt and draw as they please same as with CU3banica, and will be allowed interest on dally balancesaccording to the nature of the account.
Urders for the purchase and sale of stocks, bondsand gold will receive from ua, personally, prompt andoarefQl attention. F. O. Box 2.647.
A. M. Kiddie. U. W. MoLillax, Jb. w. Teasi
H. Amy & Co.,BANKERS,
19 Sc 21 Nasaau Street, New York.TBANSACT a general banltlng buslneea.DEAL In Investment securities,BUT all descriptions of UNCUUUKNT Bonds, nlso
Bonds ItEPUDIATllD by CITIES and COUNTIES.
Railroad Material, &c.
Morris, Tasker & Co.,(LIMITED.)
Pascal Iron Worka, Philadelphia.Delaware Iron Co., Newcastle, Del.
VANnFAOTURKIta OPLAP-WBLDBD AMERICAN CHARCOAL
IRON BOIL,ER TUBES,WROUGHT IRON TUBES A FITTINGS
of every deacrmtloii, for Gas, Steam, Water and"" Steam and Gas Fitters' Supplies, Machlfor Coal Gas Works, Caet Iron Water
Oil; Steam and Gas Fitters' Supplies, Machinery'—"—' "18 Works, Caet ^ —and Gas Pipe,
IMPROVED SUGAR MACHINERY, Ac, &c.
OFFICE AND"wAKEnOUSE :
No. IS GOLD STREET, NEIV YORK.
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 IKON,
LEAD, SHEET ZINC, COPPER,fh Spelter, Solder, Antimony, be.
MANUFACTURERS OK
COPPER, BRASS AND WIRE.WV . BOBDIH. L. K. LOTXLI
Borden & Lovell,oommissioN merchants
TO & Tl TYest St., New York,
AGENTS FOR
BORDEN MINING COMPANY,CUMBERLAND COALS.
FALL RIVER IRON WORKS COM'YNAILS, BANDS, HOOPS AND RODS.)
OLD COLONY STEAMBOAT CO.,
FALL RIVER LINE STEAMERS,
Miscellaneous.
J
lOHH B. XBHNBDT. BXKBT U.BAKBB. JOHN 8.BABHB<
. S. Kennedy & Co.,BANKERS AND MERCHANTS,
41 CEDAR, COR, WILLIAM 8T„
New York.
Buy and sell Railroad Investment Securltiei.
lect Coupons and Dividends. Negotiate Loansdraw Bills of Exchange on London.Agents of the
CAMRRIA IRON COMPANYof .JOHNSTOWN, Pa., for the Bale of their IRON anSTEEL RAILS.All business relating to the Construction and Equip
mcnt of Railroads undertaken.
TO PRINTERS.We keep on hand the largest stock of
PRINTING TYPESn America, assorted for Cngllsh, French, Spanish,and Portuguese, which we sell in lots to suit purchas-ers, at low prices for cash.We also deal in all kinda of new Printing Materiale
Geo. Bruce's Son 6c Co.,No. 13 Chambers Street, N. Y.
N. B —The Stock and Bond Tablea of the CoxhebOIAL AND Financial Chrgnioi.e, published In a sup-plement to that paper, on the last Saturday of eachwontli, and occupying twenty-seven pages, are set InDmce's Nonpariel, No. la, with th Patent FlKUietand Fractions.
THE
Financial ReviewKANNUAL),
1 s -r e,
JUST PUBLISHED
CONTENTS:Financial Retrospect of tlie Year1875—United States Commerce—Bank Move-ments- Financial Affairs in London.
Mercantile Fallnres In 1875.Representative Railroads of the U. S.Railroads In Default.United State Land Grants.Investments and Speculation.Compound Interest Tabic, showing theaccumulation of $1 at difTcrcnt rates of annuaInterest, for all periods from one to (Ifty years-interest being componnded semiannually.
Table for Investors.—Showing the rate percent per annum realized on securities, purchasedat various prices, ranging from 10 to 300.
Stock Speculation.Interest Cost of Carrylns Stock lorOne Day.
The Money Market.—Prices of Call Loansand Prime Commercial Paper, 1870 to 1876.
Movements ol Gold and Silver—Exports. Imports and Production—Daily Prices of
Gold from 1802 to 18"C.
Foreleu Exchange Prices 1870 to 1870.
U. S. Government Bonds—Prices 1870 to1870.
State Bonds—Prices l?O0 to 1876.
Railroad Bonds—Prices 1870 to 1870.
Railroad and Miscellaneous Stocks-Prices 1870 to 1876.
Cotton Movement and Crop In theUnited States, 1871-5.
Cotton Splnnin-c In the United States1874-5.
F R I C E i
III. Cloth, '....•.. ...$200Do to Sabscrihers of the CHnoNioLB 150
WILLIAM B, DAlfA & CO., PuBLlsnESB,
79 » 81 WILLIAM STREET. N, Y.
Ooean Steamships.
CuNARD Line.
W-NOTICE.-Wlth the view of diminishing thechaoces of coIIisIod, the steamers of this line take aapecHled course lor all seasons of the year.On the Outward Passuge from Qiiecustown to New
York or Hoston, crossing Meridian of 50 at 43 Lat,. ornothing to the North of 43, On the Homeward Pas-sage, crossing the Meridian of SO at « Lat., or nothlugto the North of \Z.
THE BUITISU AND NORTH AMBKICAM ROYALMAItj STEAMSHIPS.
BETWEEN NEW YORK AND LIVERPOOL,CALLING AT CORK HARBOR.
FROM NBW TOBK.ParUiia Wed,, Mch, ISAbyssinia ..Wed., Mch. 'il
Java Wed,. Mch. 29Algeria Wcd„Aprll 5China Wed,, April 12
FROM NKW YORK.Bothnia ...Wed,, April 19Abyssinia., .Wed,, April •»\
"liusHla Wcd„ May ,1
Scylhla,. ,.,,Wed„May 10•Scotia Wed.. May 17
And every following Wednesday and Saturday fromNew York.Steamers marked » da not carry steerage passengers.Ratrs or Passagr.—Cabin, %m, »ioo and $130 gold,
according to accommodation. Tlckits to Paris. «15gold, additional. Return tickets on favorable terms.Steerage tickets to and trom all parts of Europe at
very low rates.Through bills of lading given for Belfast, Glasgow,
Uavre, Antwerp and other parts on the Continentand for Mediterranean ports. For freight and cabinpassage apply at the Company's ollice, No, 4 BowlingGreen: for steerage passage, at 111 Broadway, TrinityBuilding. "
CHAS. G. FRANCKLYN Agent.
O N L, X
Direct Line to France.
The General Transatlantic Company'sMail SteaiusliipS)
BETWRXy
NEW YORK AND HAVRE,Calling at Plymouth for the landing of Passengers
The splendid vessels on this favorite route for theContinent, (being more southerly than any other,)will sail from Pier No. 50 North River, as follows
:
*PKUKIRE, Danre Saturday, March 18LAHUAnoK. Sangller Saturday, April 1AMmSlQUt.l'ouiols Saturday, April 15PRICE OF PASSAGE IN GOLD (including wine,)
First cabin, »iao and $110, according to accommoda-'lon. Second cabin. t7J, Third, |40.Return tickets at reduced rates.Steerage, tie, with superior accommodation and
including all necessaries, without extra charge.Steamers marked thus ' do not carry steerage nai
sengers.
LOUIS DE REBIAN,Agent, 55 Broad«ray.
For Liverpool,(Via Queenstoivn)
CARRYING THE UNITED STATES MAIL.TUESDAY.
LEAVING PIER No.M NORTH RIVER, as follows :
WISCONSIN ..March !il, at a;3UP,M,.WYOMING April 4, at '.i P. M.{.J.^.^V Aprllll,at3P, M,Nl!,\ADA April IS.atlP, M.
RATES FOR PASSENGERS REDUCED.Steerage, $26; Intermediate, $10; Cabin, $65 to $80,
accordiui; to state room. Stceragn oltlce. No. :i9 Broadway. General otilccs, No. 63 Wall street.
W^ILLIAMS Sc. GVION.
Atlas Mail Line.BI-MONTHLT SERVICE TO JAMAICA, HAYTI.
COLOMBIAand ASl'lNWALL, and to PANAMA andS^UTU PA(;IK1C POliT.S (via AHplnwall.)Flist-clttss, full-poweied. Iron screw steamers, from
Pier No. "SI. North lilver.For KINGSTON (,1AM AICA) and HAY'TI,
A?'i'u?,l-„v, March IICLARIIIKL,,,. March3UFor HAY'Tl, COLOMBIA, ISTHMUS (IF PANAMA,and SOUTH PACIFIC PORTS (via Asplnwall).
¥T,'&^-o- March 15ANDtS,,. March2 8Superior flrst-class passenger accommodation,
PIM, FORWOOL. & CO,, Agents,No. se Wall Street,
Providence fc Stonlnston StcanialiipCompany, lictivccu New York and
Boston.
Reduction of FareBetween NEW Y'ORK and PROVIDKNCK to 13Between NEW YORK and BOSTON to $1,
Stonington Line.FOR PROVIDENCE, NEWPORT AND BOSTON.The elegant steamers RHODE ISLAND AAKIJA-GANSKTT and b I ONiNOTON, leave Pier 33. N. R ,
foot of Jay St.. dally (except Sundays;, at 5 P.M.Through tickets topilncipal New Kncland points at
Kli, depots and ticket olllcus, State-ltooms secured atolUces of Westeott Express Co, and al.Sl9 llroadway,PROVIDENCE 1,1NE (dircci),Steanismps ELECTHA and GALA TEA leave Pier
i7. N. IS,, foot of Park Place, dally (except iuudaya) at4:30 P, M.
nil ect connecllon to Worcester anil points beyond.Fielghla viaeltUor line taken at lowest rates.
_ D, s, BAUCOCK, Presldest.L. W. FILKINS, General Pa«s. Agent,
"''^"^'^
March 11, 1876.] THE CHKoNICLE VII
Insurance.
OFFICE OF THB
ATLANTIC
Mutual Insurance Co^
New York, Jan. 54, 1876.
Tho TrnslecB, In conformity to iho Charter of theComp:iiiy, submit thj following Staloment of Its
aflalra on the 31i)t December, 18J5 :
Prcmiiim? received on Marine Hlsks,
from Ist January, 1875, to Slat De-c.-mhcr, 18:5.... $5,810,0)1 83
Prcmiuma on Policies not marked ofl"
Ist January, 19"5 2,45.'),372 87
Total amount of UarlnePremiama.. $i,^3,394 Ji
No Policies have been U^ned uponLifeUlskfl; nor upon Fire discon-
nected with Marine Risks.
Preiniunifl marked olT from Ist Janu-ary, IBJ.-i, to 8l8t December, 1875.... $6,123,134 68
I.G8h~e4 paid during the
same period $2,712,058 OSReturns of Premiums andExpenses. .$1,217,417 26
The Company has the following Assets, 7iz.:
United States and Stole of New YorkStock, City, Bank, and other Stock8.$10,314,940 80
Loam secured by Stocks, and other-
wise 2,514,500 OO
Real Estate and Bonds and Mortgages 267.000 00InteroHt. and sundry Notes and Claimsdue the Company, estimated at 454,037 92
Premium Notes and Bills Receivable. . 2,076,360 60
Cash in Bank 363,402 40
.j^ Total amount of -Assets $16,019,910 82
Kix Por C«ut Interest on the outstandingcortiUcates of profits will be paid to the holdersthereof, or their legal representotives, on and after
Tuesday, the 1st of February next.
Tlie outstanding certificates of the issue of 1872
will be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday,the Ist of February neit, from which date all inter-
cat thereon will cease. The certificates to be pro-duced at tho time of payment, and cancelled. UponccrtiflcJte;^ which were Issued for gold premiums,the payment of interest and redemption will be in
gold.
• A BiTidond of Forty Per Cent, is de-
clated on the net earned premiums of the Companyfor liio year ending 3l8t December, 1875, for whichcerlill"ate8 will bo Issued on and after Tuesday,the 4th of April next.
By order of the Board,
J. II. CHAPniAN, Secretary.
TRUSTKES.J. D. Jones,
Charles Dennis,
W. II. II. Moore,
lli'ury Coit,
Lewis Curtis.
Charles II. Knssell,
Lowell Ilolbrook,
David I'jane,
JatueS Bry.-e,
Daniel S. Miller,
William Sturjjls,
Josiah O. Low,
WillLim E. Dodge,
Itoyal Phelps,
Thomas F. Youngs,
C. A. Uand,
James Low,
John D. Hewlett,
Gordon W. Bumham,Frederick Chauncey.Charles P. Burdett,
Francis Skiddy,
Robert B. Minturn,
Charles II. Marshall,
George W. Lane,
Robert L. Stuart,
James O. De Forest,
Alexander V. Blake,
Charlet D. Lcverich,
Adolph Lcmoyne,Adam T. Sackett,
Horace Gray,
Edmund W. Corlles,
John Elliott,
Samuel nutchlnson,
William U. Webb.
J. D. JONES, President.
CHARLES DENNIS, Vice-President.
W. U. H. MOORE, 8d Vice Presid»ul.
Insoranoe.
PHENIXInsurance Company
OF BROOKLYN.Office, Western Union Telegraph Building,
Brovdivay, Cor. Dey Street, N. Y.
ASSETS, July iTTsTS, Iii3,333,403.
INSURES COTTON AGAINST LOSS BY FIRE,
OVERLAND BY RAILROAD, and Jliulae by
Steamers to Europe.
Agencies in all the Principal Cities in the V. 8.
STEPHEN CROWELL. PresidentWILLIAM R. CROWELL, Secretary.
The North British and
Mercantile Ins. Co.,OP
london and kdinbvrgh.UjSiitkd states buanch,
64 TVUllam, Cor. Flue St., Now York.
$10,000,0003,700,000
13,300,000
Capital vald op - •GroM Fire RoaerTeNet litre Aanota • •
Total ....... ¥27,000,000Gross Assets held by Board of Management in Mew
York, |i,«X),OU).The Company's actual losses by Chicago conflagra
tlon In 1871 were ll,743.4S7 81.The Company's uctual luBsea by Boston conflagra-
tion In ;tm were t5U3.68U «!.Yet the Company pLLid tUc!w losses at sight wlthou
borrowlngor Belling a single dollar of permanent In-vestments, contluned reKnlar uivldends to theirstockholders, and at the end of 1373 had entirely madeup (not In this country, however), the losses of thesetwo conHa^ratlons and all others, commencing 1874with a surplus over IIUO.OOO larger than ever before.Annual Income of Fire Department alone over
|4.000,00U.Fire aud Life Assets entirely distinct—the one not
liable for the other.The Company organized A. D. 1809. Commenced
business In this country A. D. 1867.Agencies In most of the priuclpa cities and towns
In the United Slates.EZRA WHITE, 1
CHA8. K. WHITE, VManagerB.BAM. P. BLAGDSN, I
f9t^*Ajvoi^»'ijr t>.
.
«t»tcC
^.''yt.^tjutci^.tJKJCMSUcjCA^E . S . B A I LEY
6S IVAIil. STREETDealer In
Fire and marine Inanranre •toclland Scrip
«'SPEf!IAl,lTY.»>Cash paid at once for the above Secarities ; or the
will be sold on commlsaion. at sellers option
Miscellaneous.
STEEL PENS.MANUFACTURERS' WAREHOUSE,
JOSEPH GII.LOTT dc SONSvt John Street, New York.
HENRY HOE. Sou Aormt
Williams, Birnie & Co.,COMMISSION MERCHANTS,
OS Beaver St. dc 20 ExchaiiKe Place,OKO. W WIM.IAMS & CO, )
Bankers & Conimlsslon Merchants, > NEW YORK.OUABLXSTON, 8. 0. )
Liberal advances nmde on consignments of Cotton.Orders executed at the Cottou Kxcli.inRC lor the pur-chase and sale of contracts for future dellvcrv.
H. Tileston & Co.,COTTON UUVKKS * COMMIS-SION MKHCHANTS
«0 .Stoue Mtreel, New Yorh.Orden la Futures executed at M. V, Cotton ExctaaBge.
Oottoa.
LCBHAM, AiBAUAn * CO., LsHiiaa. Odiw a Co.New Orleans, La. ModIcobott. !«.
LEHMAN BRO'S,
Cotton FactorsAND
oominiMSioN itikrciiantm,
133 * 135 PEARL STKBKT,
New York.
NKWOASS, KOSKNHKlM * CO.,Kxchang« nalldlnga. Liverpool.
Sawyer, Wallace & Co.,COTTON FACT0K8 COMMISSION MERCHANT
47 Broad Street, Nrw York.
Moody & Jemison,BANKERS
ANDGeneral Commlaalon norchant^,
123 PEARL STREET, NEW YORK,Will keep accounts vlth Country Uanasand Uankert,
make collections. Issue certihcates of Deposit, andattend to the sale aud purchase of Bonds, StocksCoin, Ac.
I'artlcular att< ntlon given to the ciecutlon of ordafor future coutracis and the purchatie of merchandlsa
Lamkin & Eggleston,
Cotton Faetora,
VICKSBVKG, miss.
Orders to purchase Cotton in onr market solicited
Kefer to Messrs. NORTON SLAUUUIKU * CONew York.
Irvine K. Chase,
€OTTON BUYER,NaaiivUIe, Tenneaaee.
KKFEUENCK.-FtBST N tTIOHAL BakK, NltHTtLU
Cotton Ties.SOLE AGENCY IN NEW YOKK FOB THE SALK
or Tuc
CELEBRATED "ARROW" TIE,MANnrAOTURKD BY
"The American Cotton-Tie Company"LIVKUPOOL, KNOLAND.
8. m. SWENSON,80 Wall St., !?ew York.
B. R. Smith & Co.,C O T T o fr
COlVITtlSSION rviKnCHANTS,44 BROAD STREET, BOSTON,
AND125 Pearl Street, New York,
Liberal ailvancos raitdc on con^KDineoU. Promptf>€r80ual BttuKtlon pnUI to the execution of orders forho purchitse or eulc of coiitracli fur future delivery.
BLOSS & INCHES,COTTON FACTOHS
GENERAL COMMISSION MERCHANTS
128 Pearl Street, Nevv York.
McAlister & Wheless,COTTON
ooniinissiON itibrohantsNASHVILLE, TENNESSEE,
Special attention given to Spinners' orders. Corre-II oadenec solicited.HvKTniKNOKS.—Third and Fourth National Banks,
snd Pi )t»rl Uori of Tuk Cukoniols
OVBR 6,000 SOLD OFI ^OKRS0LL*S
Hj» ND AND HORSE-POWER PRESSESThey h&ve a wurld-widc renutatloD and a superiority
ovet all others tor b;iliDe: llay. Cotton, Kag« and anoHi*!!' kluds of iuaicrl.ll. Kur price Uil aud ful Uifor-matlcit call on or mUlrt'Hfl the manufacturers
IN«EKSOLI< &. BALSTON,UUKKi4^0U4i (City c( Brookiyn), L,
Yili THE CHRONICLK [March 11, 1876,
Ootton.
Woodward 8c Stillman,BUAJdUN'S BANK BUILDING,
Noa. 74 ic 98 Wall Street, New York.
Cotton FactorsAND
General Ooiumlaaion mercbanta.
8p«clil atteDtton paid to the execution of orderi for
tbe purchaie or sale of coutracts for luture delivery
of cotton. Liberal advances made on consign
ments.
Ware, Murphy & Co.,
Cotton FactorsAND
GENERAL COMMISSION MERCHANTS
COTTON EXCHANGE BUILDING,
NEW YORK.Special attention paid to the exeenlloa of orders
for tbe purchase or sale of contracts for fu ure
delivery of cotton. Liberal advances made on con-
Blgnments.
Henry Hentz 6c Co,,OENERAIi
coraniissioiv merchants,6 HaaoTer Street, Nenr York.
Advances made on Consignments to
IHeasra. JAinRS FINLAY & CO.,
LIVKKPOOL. LONDON AND GLA8O0W.
Jllao execute orders for Merchandise through
nieaara. FINI.AY, IHUIR 4c CO.,
CALCUTTA AND BOMBAY.
KUTURK CONTRACTS FOB COTTON bought and•old on commission lu New York and Liverpool.
Ootton.
KDWABD K. WBieBT. JOHN B. DUSB.aV8. h. BIOIUBDS.
Wright, Richards & Co.,
COTTON FACTORSAND
Ooaeral Comiulaalaa Merehanta,
No. 39 BROAD STSRXT,
(P. O. Box 4858.) New York.
Liberal Advances made on Consignments of Cotton,
Wool, Hides, Ac, and upon shipments to our friends
la Liverpool and London.
Bliss & Bennet,
GENERAL
COM1H1S8ION MERCHANTS,131 Pearl Street, New York.
Special attention given to the execution of orders
for the purchase or sale of Contracts for future
Do.lvery.
JOHN . BIOHABDS. WILLtAK waiTLOOK,
Richards & Whitlock,
COTTON STORAGENoa. 105, 107, & 109 Morton,
and '018, 620 A: 632 Waablugtou St.,
CAPACITY, 12,000 BALES.Kate of Storage, 15-13. Fire Insurance Lowest Sates.
KarxBiNOBS.—French & Travers. No. 17 William s",.
Williams, Black 4 Co., No. 1 «llllani St.; R.M. Waters& Co. ,56 Broad St.; Philip Henry, Jr.. No. 135 Pearlat.; Adams & Whitlock, No. 51 South St.: CharlesHyllestedft Co., No. 7 South William St.; Walter T.Miller d: Co., No. 6 Hanover st,; Dennis Ferklns, No117 Pearl St.; Charles A. Easton, No. 141 Pearl st.
Eakin, Adams & Co.,
BANKERS AND COMMISSION MERCHANTS,
33 Naaaan Street, New York.
Wm. E. Rogers & Co.,10 South WUIlam »treet,
NEW YORK,
COMMISSION MERCHANTS.Adty^nvaa hadb upon ootton oonsioned to
Meaara. J. N. BEACH A. Co.,
LIVERPOOL.
W. C. Watts & Co.,
21 Brown'a Bulldlnsa,
LIVERPOOL,SoUclt consignmeuis of COTTON and orders for the
purchase or sale of future shipments or deliveries
Advances made on consignments, and all Information
aHorded by onr friends, Messrs. D. WATTS & Co., 51
Stona street. New York, and Messrs. D. A. ttlVKN «
SON, M Baronne Street, New Orleans.
Edward H.Skinker& Co.COMMISSION AND
COTTON MERCHANTS,97 Pearl Street,
Cotton.
Babcock Brothers & Co.,so 'Wall Street, New York.
MKRCHANDISK DEPARTMENT.Orders executed at the Cotton Exchanges In New
York and Liverpool, and advances made on Cottouand other Prpduce consigned to them or to their Urn-abroad.
B. F. BABCOCK & CO.,LIVERPOOU
NEW YORK.
R obb & P eet.BANKERS AND COMMISSION MERCHANTS
No. 58 WALL STREET,
Neiv York.
Advances made on Consignments. Special utien
tlon paid to pu chases or sales of -* Cotton futures.
Bills of Exchange on tbe CITY BANK. LONDONand HOTTENGDEB & CO., PAKIS.
toe Laer & Co.,
COTTON BUYERS,
OALVBSTON, TEXAS.Liberal Cash Advances on Consignments to our
frtenda in Mew York, doston, Philadelphia, Liverpool,
Harre and Bremen.
Kremelberg & Co.,NEW YORK.
J.D. Kremelberg& Co.,
BALTIMORE.Kremelberg, Schaefer & Co.,
NEW ORLEANS.
Kremelberg & Co.,LOUISVILLE, KY.
COMMISSION MERCHANTS.
Knoop, Hanemann & CoCOMMISSION MERCHANTS,
52 EXCHANQB PMCB, NSW YORK.
EOtrsBs mMancbeater and Liverpool,
DE JERSEY & CO.Walsh, Thomson & Co.,
COTTON BROK.ER8,SOUTH WILLIAM & 65 STONE STREETS,
Now York.
Wall Street Caricatures.A new book, 48 pagee, coDtainlng 14 eD^ared Ulus-
tratloDB, withINKOKMATION FOR STOCK. 8PBCULAT0RS.Price lUc., clotb covers; paper covers free.
TVfllBRlUGK & <TO.,Baokeri and Brokare, 3 Wall bI., N. Y.
A.LKXA.NDBR MA.ITLAND. L. P- 8. HACLBHOSKBOBSBT L. UAITLAKO.
Robt. L. Maitland& Co.,
No. 43 BROAD STREET, NEW TORK.
Cotton Factors,Tobacco and General CommlaalOD
Merehanta.
Advances made on ConBignmenta to
LONDON AND LIVERPOOL.
JEWELL,HARRISON& COMPANY,
COMMISSION ANDCOTTON MERCH.tNTM.
ESTABLISHED 1341. NEW YOKK.
Miscellaneous.
MANCHESTER
Locomotive Works,MANUFACTURERS OP
Loeomotlvea, Stationary Steam Eu-Klnea, and Toola,
MANCHESTER, N. H.
ARETAS BLOOD, W. «. MKANS,Superintendent Treasurt-r,
Manchester. N. H. 40 Water atl eet. Boston
Wire Rope.STKKL, CHAKCOAL., and
B. B. Of the very best (Quality
1 suitable for Sbips, Ki^Kluff
|sa8pen.'<iIoQ Brldgea, tiuya, l>er
irlcka. iDcllued P loes, Mtulug
I Uoistlcg l'ai'r..j8es, Ac. A
Lar-Mre Stoc2^ eo^itaatly ou
hand, trom wbicn any deslied
iSD^t^iB are cut.
JOHN W. MASON A CO.,
4S Broa4w^«r« N#w V^rk.
iETNAInsurance Company
OP HARTFORD.
CAPITAL, . - $3,000,000 00
Assets, Jan. 1, '76 »6,792,649 98
Liabilities . . • $346,385 50
BRANCH OFFICE, 173 BROADWAY, N. Y.
JAS. A. ALEXANDER, AKent.
Liverpool &London (^ Globe
Insurance Company,
4-5 William St.
Assets, $26,740,105 70
In the U. S., $3,000,000