may 3, 1879, vol. 28, no. 723 - fraser})tmm hl'nt'smerchants'magazinb,...
TRANSCRIPT
})tmmHL'NT'S MERCHANTS' MAGAZINB,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTEKESTS OF THE UNITED STATES.
VOL. 28. SATURDAY, MAY 3. 1879. NO. 723.
CONTENTSTHB
Profpcctacf the Miney Murkct.. 437Redemp Ion of Fractional Coins. . 4(8Paper Money in i.'nn»(l4 -138
The Sew Kiu<.'dom of Bnl^ria . 4:WFinancial Review or April 440The Debt Statement for April,
1879 441
CHRONICLF.Imports and Export)- for March,
1879 411United StTtes Treasury Statement HiLatest Monetary and CommercialEnglish News iii
Cotntuerclal and MiscellaneousNews, 444
THE BANKERS' GAZETTE.Moner Market, U 8. Securities, I Qnotatiors of Stocks and Bonds.. 411Railwsy Stocks, Gold Market. New York Local Sccnritk-s ,. 450Forci::n Exchange, N. Y. C*ty 1 Ii.vestments, and State,. City atjdBanks, etc 44G I Corporation Finances 451
THE COM.MERCIAL TIMES.Commcccial Epitome 455 l Breadstnfls 459Cotton 455 I Dry Goods 410
S;ixe Clivcritide,The CoMMBUciAi, and Financiai. Chuonici.e is issued on Satur-day morning, vnth the latest news up to midniglU of Fiiday.
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PROSPECTS OF THE MONEY MARKET.Oar money reservoirs always fill up daring the inactive
geaaons. We are approaching such a season now, and
consequently the weekly bank returns .show a gradually
increasing strength. The prevailing opinion, therefore,
that a period of prolonged ease can be anticipated is
based upon substantial and obvious grounds.
Of course such a belief eliminates the Government, as
an adverse influence, which Mr. Sherman's past manage-ment fully justifies. The transfers of money required in
settlements for 190 million of bonds could evidently andgreatly disturb the market, and would disturb it even in
so quiet a month as'July, unless managed with care andjudgment ; but the Secretary has already taken us safely
through several periods of no little anxiety, and we mayconfidently and reasonably trust to the same guidance
during coming months. Besidec, before the autumndemand for money overtakes us, all the bond settlements
should have been perfected, the new bonds put out and
the old taken in, and these large Government balancen,
held in and out of the Treasury, be no longer in
existence.
But the inquiry has been suggested whether, with the
scattering of these Treasury deposits now in our banke,
money will not be very close. This thought arises froma misconception of the nature and effect of those de-
posits. Some appear to look upon them as the tempo-rary transfer of an equal amount of capital to the points
holding them, whereas they are a mere fiction, having
really no existence except in book account.a. A banksubscribes for a million of bonds by crediting the Gov-ernment on its books with a million of dollars. Clearly
there is no capital created by this transaction, nor are
the loanable funds of the institution increased by the
coniinuanc3 of that credit or decreased by its loss. Theonly possible effect on the market would be through a
calling in by the Government of theSe credits (or deposits
as they are called), before it pays for the old bonds. Thispoint in the situation we have so often presented that it
is not necessary to enlarge upon it again. Mr. Shermanhas, as we have stated above, shown the public by his
course during past months that he will not allow busi-
ness to be disturbed by any such unnecessary locking
up of capital, but will let the ref ndiiig act work out its
simple intent, that is>, the actual exchange of an ol£«
bond for a new one ; and hence there is nothing whichneed be feared in that direction. All this, however,makes plain the fictitious nature of these deposits, andshows that their existence cannot contribute in any de-
gree to give ease to the money market, nor can their eras-
ure from the books of our banks, when the transactions
they cover are completed, cause higher rates. In fact,
a final settlement with the Government, and an absenceof these credits or deposit-", would rather tend to lowerrates than to raise them, for it would relieve the market,
taking away that v.igue though unnecessary fear of con]
traction, which will to an extent prevail, notwithstanding
the confidence in Mr. Sherman's management, so long as
the Governmeal has the power to call in suddenly andlock up in the Sub-Treasury, even for a few days, such
large amounts of capital.
Another undefined influence with regard to the futnre
is the course of our foreign exchanges and the flow of for-
eign capital. It is by no means impossible that during the
summer months we may, to some extent, ship gold to
Europe. For the ten months ending with May 1, the
specie movement of the country has nearly balanced itself.
That there should be some change the next five monthsit would not be unreasonable to expect, in view of the
smaller shipments of produce during those months, acd
.438 THE (JHRONICLR [Vol. XXVin,
•of the very considerable holdings abroad of called ten-
forties. In 1877 we exported over 23 millions of specie
in excess of specie imports, from May to August inclu-
sive, and the excels of shipments even last year during
the same months was nearly 3 millions. On the other
hand, however, there is at least for the moment good
reason for the opinion that such shipments if made must
be very limited. Our total exports still continue largely
in excess of our imports, the tables in another column
showing an excess of over 24 millions for March. Be-
sides the movement of securities is now toward Europe,
and with money barely 1;^^ per cent in London, and
likely to remain at that figure for the summer at least,
we see no reason why our 4 per cents, as well as other
undoubted securities, should not continue to tend in
that direction.
These considerations evidently confirm the prevailing
belief of the continuance of an easy money market.
There is, however, another consideration which must
soon command more attention—we refer to the evident
improvement in business and enterprise which is in pro-
.'gresB. How far this revival will be held in abeyance
-during the summer months, or what force it will exert in
the autumn on the money market, it would be presump-
taons to attempt to state. That greater progress has been
made at this centre, than individuals generally believe, is
•certain. There is scarcely a merchant but will admit
some improvement in volume of business and in profits,
•and many of them very great improvement in both par-
ticulars; but even if they did not admit it, our crowded
hotels would prove it. Then, again, the manufacturing
industries throughout the East are almost universally
prosperous and active, and we are feeling that here.
J3ut the marked feature of the situation is the vast
umber of incipient enterprises being favorably discussed
by moneyed men. We hear of them everywhere.
These are bnt the whisperings of a wide movement which
ia speedily to develop itself, until capital finds better
remuneration than 4 per cent for its use.
REDEMPTION OF FRACTIONAL COINS.
In his last annual report, Secretary Sherman alluded
tCj''he accumulation of fractional coins in some places
and their scarcity in others, and recommended that per-
mission be given to redeem them in United States notes
at the Philadelphia Mint, in sums of $100 or any multi-
ple. A bill has passed the House of Representatives
vhich provides that fractional coins may be exchanged
at any Assistaat Treasury, for lawful money, in sums of
t20 or nultiples; that the copper and nickel coins shall be
receivable at post ofiices for postage and postage stamps
to the amount of $3, and that fractional silver shall be
legal tender np to $20 for all debts, public or private.
Subsidiary silver, at least in large cities, has become
very troublesome. Purchasers in retail stores decline to
take it in change except in small amounts, while retail
dealers have practically no such option ; it accordingly
accumulates in the hands of traders, particularly of those
whose sales are mostly in small sums, and as the banks
will not receive it, there is no alternative bnt to work it
off at a discount through brokers. This tax upon trade
ought to be removed, and the bill proposes to supply
what may have been an unintentional omission in the
laws, which already provide for redemption of the coins
•of base metal in sums of $20. Government is simply
made to perform the service, now falling to brokers, of
carrying coins from those who have an excess to those
who have not enough.
There can be no objection to receiving the smallest
coins (now legal-tender up to 25 cents) at the post
ofiices up to $3, for they are already redeemable as
above stated. The limit of exchangeability for the
fractional silver is placed too low, if regard be had for
the convenience of the Treasury officers, although not
too low for the convenience of retail traders in the large
cities, who may desire to present their accumulations
frequently for redemption, thereby saving brokers'
charges. The increase of legal-tendtr limit from $5 to
$20 is objectionable because unnecessary ; no good pur-
pose can be served by the change, and all uncalled-for
changes in the coinage acts are to be deprecated. Silver
is not in the least dignified, or exalted, or appreciated,
or made more of in any respect, by such a provision;
yet the notion of the potency and importance of legal-
tender, and of the help which silver may get from it, is
such that there was an animated discussion over this
comparatively inconsequential matter. The bill, how-
ever, ought unquestionably to pass, although it might
be improved.
PAPER MONEY IN CANADA.The next step to making farmers and tradesmen happy
by a tariff which increases all prices is, to make every
purchaser rich and able to pay those prices, by a free
distribution of something which can be called money.
As Canada, a few weeks since, did its uimost to attain
the first object, it is not surprising that this week it
should be engaged on the second. Government issues of
paper promise to become as popular, if not as eflicacious,
as Mrs. Winslow's soothing syrup. In the House of
Commons, on Wednesday, a Mr. Wallace, in support of
the paper-money measure, contended that all money is
" fiat," and that hence this term has no special applica-
tion to paper; the fiat of the Government makes gold
money, and could do the same with paper, with muchmore to the same effect.
The public would be more ready t) accept Mr. Wal-
lace's doctrine if there had not been so many prophets
of that sort before who have failed to obtain perman-
ent honor and influence. It is admitted that to get
money enough is a high material good, because whoso
has that, has much that he desires; money is what we all
work for, long for, hope for. Government can makemoney, ex nihilo by a fiat, if it chooses; then Government
must be very stupid if it fails to supply its own wants
thus, and very mean if it refuses to bless its people with
all they want. But, somehow, governments have not
succeeded in making this invention work. The most
oppressive of them have been greatly troubled by
chronic impecuniosity, and have been oppressive because
they could not otherwise raise money enough to make
the rulers happy. It is a fact, also, if Mr. Wallace
please, that paper money has been tried over and over
by governments. Kingdoms have tried it, republics,
colonies which were trying to become republics, states,
and every form of human government, have tried fiat
money in some shape, and if the experiment has ever
been successful then history has made no account of it.
There is some inherent defect in the scheme; it is a
perpetual-motion machine for producing prosperity and
happiness, but unfortunately it will not work.
Let us apply the test to Mr. Wallace's system. Has
there ever been a time, from 1862 to 1878, when he
would have given as much for a $10 note of the United
States as for one of its yellow eagles, both bearing the
fiat? Would he take now the best counterfeit $10 note
ever made as readily as one printed on the Government
Mat 8, 187» ] THE" CHRONICLE 439
press ? On the other hand, between two pieces con-
taining 258 grains of gold, identical in stamp
and every panictilar, bnt one actually struck in the
Philadelphia mint and the other in the cellar of some
unknown person, would ho have any choice? The fact
of material idonlity being admitted, what value would
the Government stamp confer which the other piece
had not? Is there any d)ubt that, if immunity from
disturbance were guaranteed, enterprising citizens would
begin to produce literal fac-sirailes of the CJovernmeiit
fiat as it exists now on $10 notes ? On the other hand,
assuming the same immunity, would anybody com-
mence fabricating fac-simile^ of the eagle stamp, on
pieces containing 258 grains of actual gold ? If not,
because to do the latter would .not pay, why wouldn't
it ? The stamp being the value, of course the material
used is immaterial, and paper, leather, brick, or the
handiest and most abundant substance known, would
serve as well as gold, would it not? And the fac-simile
of a gold eagle, printed with a Government press on a
round bit of paper, would be in all respects as good as
the eagle, would it not ?
Mr. Wallace would do well to sit down with his col-
league, Mr. Sharlton—whose head is clear—and read a
little history and reason about this matter. Evidently
be makes three very serious mistakes in the brief
report of his remarks we have seen. First, it is
not true that all (or any) money is "fiat," and that
goll is made money only by the government stamp.
The stamp merely declares what the thing is; it does
not put an atom of value in the thing. The stamp is
simply a certificate by the most responsible party, the
government, that here is a certain quantity of a certain
material; if the stamp asserts a falsehood—as it would
if imprinted on a piece of paper—it counts for nothing.
Secondly—It is not true that the prosperity of this
country is due to irredeemable paper. Our prosperity
is the result of many conditions, and has not been so
great in proportion to our capital during the last ten years
as it was during the previous ten years. Furthermore,
if paper caused our prosperity, then we have committed
a piece of folly by getting rid of it, andEuiopehasindorsed the folly by giving us a higher standing as a
borrower. If Canada undertakes to imitate our pros-
perity by copying our financial errors, she will certainly
have to pay the penalty, without obtaining the pros-
perity.
Tliirdly—The United States have not issued any fiat
money at all. Such a currency is something which
either formally proclaims itself to be absolute money,
or else (even if in the form of promises to pay) has no
reasonable | respect of being redeemed. The foimer
has never been known in this country; our paper
promises have not involved us in the usual consequences,
because their increase was long ago stopped, their
redeemability was always assured, and has now been
effected. In other countries, as successive increase of
issues and decline in their prospect of ultimate redemp-tion have made them more and more purely fiat, they
have slid down the scale of value until they ended bybeing worth the material of which they were made.
THE NEW KINGDOM OF BULGARIA.One of the principal features of the foreign news
the last week has been the election to the throne of the
new kingdom of Bulgaria of Prince Battenberg, a scion
of the Electoial House of Hesse Darmstadt. It is the
first really distinctive fruit of the Berlin treaty—a treaty
4 hich in its very essence partook largely of the charac- she has contributed to the cause of freedom and right.
and raiHed another bulwark between her great rival andter of a compromise, which has more than once seemedon the point of falling to pieceo, but which, wo have all
along maintained, must and would bo cariied through,
not because it was intrinsically good, but because noother course was possible in the circumstances and nndesthe present relations of the great powero. Simultane-
ously with this formal establishment of the Bulgarian
kingdom, arrangements have been made for the final'
withdrawal of the Russian troops from the territory of
Eastern Roumelia. The last remnant of the Russian
army of occupation of this latter territory will, it i»-
now understood, leave for home not later than the third
of August in the present year. It can iiardly be sai^
that the Bulgarian-Roumelian difficulty is ended; but it
is not unreasonable to conclude that the new kingdomand the new king will have enough to do with themselves-
for some time to come, and that Roumelia, left to her-
self, and freed from the influence of outside agitation,
will, under her new condition, and under the guidance
of a Christian governor, settle quietly down under the
authority of the Sultan.
All lovers of liberty and true progress must wish wel>
to the infant kingdom. Bulgaria is not exactly »
new State in the European community of nations. Thename carries us back to the days of the Roman Empire;
and time has been when the Bulgarian monarch was-
even mightier than the Byeautine Emperors. To what
race the Bulgarians belong it is not easy to say. Differ-
ence of opinion prevails both anong historians and
ethnologists. The best sustained opinion is that they
belong to the great Selavonic family, and that they are
kinsmen of the present Russians, as well as of the Bos-
nians, Servians, Croaiians, Wallachians, Bohemiann, and
Poles. As far back as the times of Justinian we find
them threatening Constantinople; and one of the greatest
victories of Belisarius was the defeat of the " Bolgars,"
as they were then called, under the walls of the "NewRome." The kingdom flourished for four hundred years^from 640 to 1017. At the close of that period the GreekEmperor, Basil II., swept over the prosperous kingdomat the head of a mighty army; and not only was the Bul-
gaiian ruler of that day defeated, but Tirnova and Och-
rida, then the capital, two of the richest cities of the East,
were Hespoi'ed of all their wealth. For over a thousand
years the name of Bulgaria was practically unknown is
Europe. Towards the close of the twelfth century, the
Bulgars having formed an alliance with the Dacians, a
new kingdom arose in which the Bulgarian element pre-
dominated. This Daco-Bulgarian kingdom, which was
in its prime in the days of the Fourth Crusade, whenCalo John was king, survived with varying fortune
until the close of the fourteenth century, when it shared
the common fate of Eastern Europe, and came under
the domination of the Turks. After the lapse of five
hundred years, during which, in spite of the presence
and power of the Turk, the people have remained solidly
and loyally Christian, the old and twice extinguished
State has reappeared; and it enters upon its new career
with the world's sympathy, and with a fair prospect of
success.
The new arrangement, although not perhaps perfectly
satisfactory to all concerned, must be regarded as, on the
whole, a decided improvement on the old condition of
things. Russia has reason to feel proud that she has
been instrumental in emancipating and securing inde-
pendence for an ancient, spirited, and deserving people.
Great Britain has reason to Be 8ati>fied, btcause while
440 THE (MRONICLE [Vol. XXVIIl
the Mediterranean, she has saved the amour propre of
the Sultan, and propped up for a time, at least, what
remains of Turkey in Europe. Austria, also, has reason
to be well satisfied; for, while she has gixined in terri-
tory, she is less immediately at the mercy of Russia, the
one power in Europe which she has cause to dread.
With the settlement of the Greek boundary question,
the East of Europe will again be at rest. Bulgaria
herself has a fair prospect. If her ambition has been
somewhat held iu check, it is, perhaps, as well for her
own future. With a population of over three millions,
and in possession of some of the very best land in
Europe, not to speak of the commercial advantages
which must result from her control of so vast an extent
of the Southern banks of the Danube, it will be the fault
of the Bulgarian people themselves, if they do not
revive the glory of their ancient name, as well as much
of their ancient prosperity.
BANK MOVEJIE.NTS AND THE MONEY MARKET,
The BJink movement showed a decided gain in the surplus
reserves, as the total surplus April 5 was only $1,900,375 andon April 26, $12,324,050. The money market relaxed greatly,
and the exchanges of the large amounts of live-twenty bonds
were made without any disturbance.
NKW YORK CITY BANK STATEMENTS IN APKrt,.
Aprils. April 12, April 19, Airil 26.
$235.83i>.60018.3fi5.00019.1)35,500
193.121,70031,815.8001,900,375
1230,442,90018,903,90019,Bl)fl,100
l»5,:)b3,7IX)
3«,146,40Oe.2J3,375
SI231, 151,30018,875,00019,721,200
200,255,00040,072,100i),4S3,950
f;231 096 900
19,707,000Net deposits 204,514,201
45,224,6*Surplus rp«prve over 25 p.c 12,S24,0,'S0
4«o76®7
4(S)78@7
3 OB5 <m%
3@SRate of prime paper 4»5
FINANCIAL REVIEW OF APRIL.
The month under review was noted for the most important
single transaction ever known in the history of our Government
finances. The subscription at one time for so large an amount
as $190,000,000 of G-overnmsnt bonds—and this too for bonds
carrying only 4 per cent interest—was a transaction which far
surpassed anything that had previously been witneased in the
negotiation of United States loans. Aside from the direct
influence upon the markets, and the buoyancy imparted to all
classes of stocks and bonds, the operation was important as a
turning point, a milestone on the road of the country's finan-
cial progress. The eventful and disastrous course entered uponwith the first loans issued in 1861, i« terminated, to a great
extent, by the final settlement of the Government debt in a
long bond at 4 per cent interest. That this remarkable opera-
tion has only been made po.ssible by the course pursued by the
Government in keeping faith with its creditors, paying gold
according to the spirit of its promise, by putting a stop to infla-
tion either of silver or paper money—Is a truth so clear to the
fair-minded observer as to require no argument.
The total transactions at the Stock E.xchange, compared with
previous months, were as follows:
Janu.ary. February. Marcli. April.
U.S. Govcrum't bonds3tatc bonds
$0,151,0501,0.59,270
25.132,300
$0,224,550 4,855,1,50 $15,940,8.501,209,000 ],5.S0.OOO 1,034,800
]^ailro:ul bonds 22,009.200 19,013,800 40,415,250Bauk stockii. . .sbiires
KR.& miscel.9tk8 "1,874
0,338,2821,992
4,710,4951,3481 1,244
3.934,634| 4,470,099
. The following summary' shows the condition of the New YorkClearing House banks, the premium on gold, rate of foreign
exchange, and prices of leading securities and articles of mer-
chandise, on or about the first of May in each year, from 1877
to 1879, inclusive:
STATISTICAL SnMM.<RT ON OR ABOUT MAY 1. 1877 TO 1879.
ffew York Cily Banks—Loans .and discounts . .
.
SpecieCirculationNet depositsL«gal tenders8nn)Ui8 reserve (over 25 p.c.)$
Money, Gold, Exchange—Call loansPrime paperGoldSilver in London, per ozPrime sterling bills, 00 days..
United States Bmids—5-20 bonds, 1807, conpon68, cnn-ency10-40S, coupon412S, 1891, eoniwn4s of 1907, coupon
Itailroad Stoclis—New York Central & Hud. Elv.ErieLake Shore & Mich. Southern.Michigan CentralChicago Rock Island & PacificIllinois Central. . -
Chicago & Northwestern, com.Chicago Milw. &. St. Paul, com.Delaware Lack. & Western . .
.
Central of New Jerseyilerchandise—Cotton, Middl'gUpl.inds.^ ft.
.Wool, American XX ^ ffi.
Iron, Anter. i>ig. No. 1..^ ton.'Wheat, No. 2 spring.. .^ bush.Corn, Western mixed . .^ bush
1879.
231.096,90018,228,10019,707,000
204,514,20045,224,50012,324,050
3 ®3i23 w4i10050»6
4 86>4:-4 87
I2414
106 '8lOl'a
117i58
26%72 1478^8ISOH85»858 Hs4118513443
11^828®33
18 .503.19 001 01® 1 0342® 44
"*> blilJlf>1.nl7il0 25
1878. 1877.
229,936,40030,051,90019,998,300
199,074,00036,435,30016,718,700
3 ®55 'af^^100%53%
1 86'4-4 87
lOO'aII918lOS'sIO311S100 la
106121861%6818104%7651%49I251'817
1011,634®42
18OO®18 501 22® 1 2548® 54
9 65® 9 85
255,733,80020,534,50015,996,100
222,901,20048,865,00013,674,200
2 ®43i2®510678
53%® 544 8714-4 88
113125 ifl
113
93387H
507a4II29078551220%44 1348399%
INVESTMENT SECURITIES.
All cla,sses of inve.stment securities became active after the
subscriptions to the whole balance of the 4 per cent bonds, and
railroad bonds met with large sales both on speculative andinvestment account. The total sales of railroad bonds at the
Stock Exchange amounted to §40,415,250, against §19,613,800 in
March.
CLOSING PRICKS OP GOVEHN3IENT SECURITIES IN APRIL, 1879.
April
1-2.3.4.5.6.7.8-9.
10.11.12.13-11.15.10.17.18.19.20.21.22.23.24.25 . .
.
26...27...28...29...30...
68, 1881.
Reg Coup
10638lOOi^1001-2106 1-2
10618
10578
106
10038lOO-^s106%
1061-2
10036
OpenHighLow.Clos.
106 14
10638
106381061sIO6I2106%
5-208 coup.
1867.
10668
106 14
lOS's
ibii
10614
106%
106 »8
10038
1063a
1061-2
10038100%10573100 12
10638106%1057810038
1868.
10-408.
Eeg. Coup
10178 102
;;! 102'101781011-2 lOl^^s
...I s.10138 10133IOII4IOII4101% ...
101%...d Fri day—101%..-.
IS,
IOII4
10138
58,1881,coup.
41-2.S, 1891.
Reg. 'Coup
104%
105105%
10510510478104%Holid104!%
104%
10434105105
105104"8
104 »8' 10479
104% 104'a
idsii'io'sJa
105%
ay-
10538105»8106 14
1017a 1021017ajl02101%:101ii10138' IOII4
10434105%104%104^8
106%lOOSa10638106%
100%
106=8
104 5h
105%
ibsi*
ibiiU
10634
1047810634 10034104.'''8 10478106381106%
4s,coup,
999999%991499%
99%99%993499%
9934
6scur-leucy
121%
122
121%99%:9934 .
10010010058!10076 123%
101%101%1013a101%101%101%
101%
'99101%99101%
123%
123%123%1237a
124%
124%
121%124%121%124%
* Ex coupon.
CIXISINO PRICKS OF CONSOI-S AND U. 9. SECURITIES AT LONDON IN APRIL.
Apr
1..2..3..4..5..6..7..
q o ;
973ie97B16
973i697fli8
979l6
9716,69716,09715,698
9..10..11..12.. 97161613..14-.15..16..17-.18-.19..
97iii,6
98981,698%989,6
104 14104%104%104%104%
104104104
!5aot1881.
1007a1007810678107107%
8.107381073e107%
103% 10678Goo d Fri
103%
.. Ho103%103%103%103%103 14
106%8.
lidaylOO^a
4%sof
1891.
107%107!>«
48 of1907.
10138101%
10758' 101%107% 101%10758102
ib7%ib2i4107581021410738102 14
1075al0238:day..
I
107% 10238!
108 10234106781108% 102%*0558,10838'102.'%!
105''a!10S58'1027s'106%!l09 1103%'
Apr.
20..21--22..23..24-.25-.6..
27..28..29..30.-
OpnHghLowClosS'ceH..L..
99%997,6991,69811,6
i 5 a
103%10314103%10358
5s of1881.
10573
4%sof
1891.
8.IO573I 10958
109531057a 109341051^10934
98i5i8'10358il0538 109% ]
9858 110373 105381109% :
S. I
9S13i6'l0378 10538 109 69'l0453
48 of1907.
103%103%104k104141043a104%
9311989,6"
973,6997,69-3,6989,6Jan. 1997,695%
10378103%
104%104%IO314103%
111IO314
1 0533' 109B8 104 B3
105%jl09 34110438
10678 107% 1013810738 109%! 104580514 107% 10133*05% 10934
-•-1043a
109%1109% 10458105i4|l06%ll0109%
107835®48
19 00®20 00190® 2 0066® 71
16 00®16 10
* Ex coupon.
RAILROAD AND MiaCELLANBOU,S STOCKS.
The stock market was finn, as a rule, after the depression of
the early part of the month had passed away. The most con-
spicuous stocks were the Southwestern " fancies"—stocks which
had been looked upon as possessing little or no value, and these
advanced very sharply. All other movements in the market
however, were insignificant as compared with the combination
among Mr. Jay Gould and his a-ssociates, by which the Wabash
R.R., the Kansas Pacific, Union Pacific and St. Louis Kaasas
City & Northern were brought under one control. The stocks
of all these companies advanced heavily, except Union Pacific,
and in that it appeared to be the policy of the pool not to favor
an advance.
Th« following table will show the lowest, highest, and clo3
Ma? 3, 1S70.] THE (JHRONJ(JLIi 441
ing p.'ieiw of lailway and iiii«n^llari('oiiHHtoi-ks at tlio Now York
Bto.-k K\cliaiig<^ (luring tli<' niciitliH uf Mart-li and Aiiril:
RANOe or BTOCKB IN HARC'll AND AVKIt..
K.Mi.Hiinm. Fp)>.28. iMvr,Alliuiiy d:8ii<<<riini)iin *80 80Hi.«. .V:N. Y. Ail-L. nfHii'l.Cfd. Kill). A No.<*inii(lii KolUhcni(-.iili;il nf N. .h'l-Hoy.
( : . ~ .V Oliio. iHt pf.l.ii. iiciiJk Alton x78
ilii pi-of. X—6
—Murcli.—illKli- Miii-.HI
82 HU
••J(t'4
55 itf
38 >3
rhtc. Hml. & QiiliicyOhio. Mil. i8t. I'liHl. 38 le
do prcf
.
8'J '4
Chic. Si NortliwoKt . .
.
.^(i '2
il<i prcf. 87'hCndo. &Rim|{ Island. VJViiCIcv. Ciil. (in. ic Ind. 43Clov. * I'itt.tl).. ),'uai-. x93Col. Chic. A IiKLCcut. '512IH-1. Ijick. .V;\V»wt'iii. DOIhilimiuo & 8I0UX C.
.
581aKrle 25Hido iti-«f 44 Hj
Hannibal <icBt. Jo.... 15hdo pref. 43''»
21»>4
53 :U855
75108112%35 Hj79 Hi
SIH)j:83'812840005
44 »8
5723 'e42iu14 134!
narlriu *150 xl52ioilo pi-cf
Illiiiiiis Conli-iilKan«;iM i':wirtli
K(^()Kllk iV DoH Moinca<lo pi-ef.
I<iikc SlioroIx)MiKvillo<fe Niwliv..MicliiKiin Conti-alM(i. Kann. it Texas ..
Moi-i'irt A: I'Xs'ox
N. Ji'i-Kov Sontlicni..N. Y. Cent, .t lliid. K.New York l-MevaKsl .
N. Y. N. H. ife HartfttlOhio ife Mlnulssippi . .
.
do pref.Panama *133I'ittKh.Ft.W.&C.Knar. 106
do specialKcnsHorrA Snnitojrn.8t. L. Alton &T.H..
do prcf.St. I.. Iron.Mt. &So..
<lo a»8ente<IKt. L. Kano. C. & No.
do pi-ef.
St. L. & S. Francisco.do iiref.
82 14I714
71%42%88 147 '8
842=8
117
i5'9i4
IIU33 13
100
tio^15%81^•3538
do
15470 1417714
21
4182 147 '.J
81 »4
1%xll2140159%9%
2812130
Xl03?t
94312
10141314734
314
3363 1939 >4
5801101I5>441'%i83''8
60^8913344025''8
5057 13
25'b46 lu
1645I415515482221a8
2372 194988%II84 -Ij
'•i'8
117170160
33U238 14
Wo"
i'l'-i^
41%X80%60 >4
x88:Uxl30
43 "2
9 1 'a"54814•5725%46 >4
15%44%
Xl53
Ix>w.824031 '2
57'h38 >4
4ig
76100II2I939%79%57%87'8130 '.I
4'' '2
91%5
47^85424%451438
153
-April.
-
HlKli. A pr.30.90 8948 4 1 '2
35 3562ifl 5t(45 '8 43%4ia Mia80 77109 lOS115 11443-4 41 1983 "a 8112(iiiia 58%92% 89%1321a 130 '448'.j 441297% 969 7%54% 51%57 •5327-4 2<ii4
49'h 481221% 1844'8 40'8160 •158
8222%712
22 1471%48 '886 la
9%84t2l2
xll4%:151•160
I2I2 12>837 37133 tl3510618 *x03%
1st pref 1174137 1322•80
•40 1338 13•65
27%•135
1414t540%12'33
x68-%13517%83
44x3568%
Union PacitlcUiilt«l New Jersey.
.
Wnba«bWarren
Tklixsraph.Amci-lcan DlKtrict ...
Atlantic, & PacUlcGold&8tiK'kWe»teni Union 106i2xl03%
Exi'iiKSS.Adams 107American 50United 8t«tea 49Wells Kai-Ko 100
CX).\i, AND Mining.Homc«t4ike Miiiinj^ .
.
Pennsylvania Coal . .
.
MariiioKa I.and & M.do pref.
Ontario Silver Min'p.tjaicksilver Mining .
.
do prof.Standard Cons. Min'g
Gas.Citizens'New Y'ork
Varioi;8.Canton *27i2Del. it. ItiidHon Canal 40%Patritic Mail 13%Pullman PalaeoCar.. x85Sutro Tunnel Co
101 '4
3%1016%15%8%35%7%9%19%
•99
10547%4898%
27%134
X39%113414
•1414%8I4
346%8%
_ 18%74% x72''8135 -134%21 '8 20%83
40% 48%39% x35%78% '75108 xl06%
106% IOCI450 '47%49 •47100% 99%
82 '4
20%714
22 14
70%47 '4
78%9%84%
113%1.50I591410%34132104 1496%993
11141514%7%29%6%8
I71471 14
13617%80
86 '4
6014%3572%59%86%17%892%
117%198I(>0l4
15%39%14010896%101%102123 1423%15%42'811%13%28%76%13334%80
8659133.'^
72%56%7914%86%2%
117%195•16014%38
xl36107%•92101
812020%20%I51442%9%10%24%72%139%33 14•80
48 60 5833 37% 3376 82 14 '80103 108 103
105%484799
108% '10849% 49%49% 48100% 100
35 x32% 30% 33137
»2i4*2%
40% x4012% '12%36 •31%
2%3
391234 1425%
87%40%163835%
x32%"133
*6i4
•6%*40•14•3729 '8
80 80
38 >4
1278»42%
421484478
•2540%13%
•3%
96
284012%814
96
32% t32%46% 45%1585%4%
13%'4%
' Prices bid. t Pi-ices aske<l. Ex-privilegc.
EXCHANGE.
There were no important fluctuations in exchange, and themarket held pretty steadily for sterling bills.
BANKERS' STERLING EXCHANGE FOR APRIL, 1879.
April. 60 days. Demand. April.
17 ...
18...19 ...
20...21 ...
22 ...
23...24 ...
25 . .
.
26...27...28...29 ...
.30...
I
Range
60 days. Demand.
1. ..
2 ...
3 ..
4 ...
5 ...
6 ...
7 ...
8 ...
9 ...
10...11 ...
4-86 ®4-86ii.4-86 ®4-874-86 '4^4-874'M6>4Vi)l'874'86i4'a)4'87
8..4'86i4®4-874-86 ®4-8fc%4-86 ®4-86%4-86 ®4-8C%
Goo<l
4-881434-894-88i4®4-89%4-88%®4-894-KS%S4-894'88%S4'89
4'88%®4-89'
'
4-88 ®4-88%4-88 «4-88%4-88 ®4-88%Friday4-88 ®4-88%
4-88'"®i-88%4-88 ®4-88%4-88 ®4-88%
4-86i4®4-874-86i4®4-874-86i4®4-87
8..4-86 ®4-86%4'86i4®4'874-8614-34-874-86i4®4-874-86i4®4-874-86i4®4-87
8..4-86i4®4-874-86i4®4-874-80i4®4-87
4-88 ®4-88%4-88 ®4-88%4-88 ®4-88%
4-87%®4-88"4-87%®4-88%4-87%'®4-88%4-87%ai4-.S8%4-87%®4-88%4-87%®l-88%
12 ...
13 ...
14 ...
15 ...
4-80 ®4-86%
V'8d"«4'86%4'86i4a)4'874'86 1484-87
4-87%®4-8S%4-87%S4-8K%4-87%® 4-88%
16... 4-86 ®4'87 4-87%®l-50%
THE DEBT STATEMENT FOR APRIL, 1879.
The following is the of&cial statement of the public debt as
appears from the books and Treasurer"* returns at the close of
business on the last day of April, 1879:
Intorenl-beaiiaii debt.
Character of Iho«.
^»of I8.'i8
On of 1S81lis, Oregon Wari)«of iRil
(taot ISfll
5«,ia40'»t>, SJjOaof If-BT
B»,5-a08or 186f)
5*. Funded Loan, Km4K), dn. Ig'il
4«, do. 1907
4'ii, Ttt'ag ccrtiflcatc*
3», novy pcmi'n f'd.'o*
Anth'rizlogAct.
June 14,
Feb. ?,
March 9,
InlyJt^A.,
March 3,
Miircli 3,
March 3.
March 3,
July 14,
July 14,
July 14,
Feb. -J", 'Jft
Inly S8, "tlft
AsRTCKate of Intereet bearing debt.
Bond* Ontotandlng,
lUglttcred. Coapon.
#iito.oao
14,018,000
i«V,4:i>iM31.1)3.100
143,034,71111
t3,7a,«)0
!»'','i01.»30
ins.7if,«80
S8>,3 «,»J*
i,i7t,'M3,0H) i'n.tm.mS,10t,-480
14,000,<0)
|l,Mi8,l'<«,800
4,3ii:.ooo»<8,unO
BT,8f7,(0O)8,l>M,»aO
«.7;7,l0071,03.3,1110
«),«li,800t!M,18<.40084,-i..9,r«o
2l»,104,e00
• Coupon! of tSO and tlOO bonds are paid annnilly la March.1 he f\7,et or deiiominationsof each Imne of bonds are aa follovra; (a) Coapoa.
11,000; registered K,OM. (ft) coupon $1,000; registered Ji.iKX), (I5.0J0. $10,000.(c) fKI, tlW and t-'M. (d) coupon, {50. $100, $500 and $1,000; rogUtered, MIMand ol8O$5,00» and $10,000.On the above issues of bonds there is a total of t'>.>'K! 913 of Interest overdne
and not vet called for. The total current accrued interest to date [t $20,775,918.
Debt on Which Interot Ha« Ceaned Since ITIatnrlty.
There Is a total amount of over-duo debt yet outstanding', which has neverrincjpal aiiri $l,'^a),fili In:
five-twenties and consols.
been presented forpaytnont, of t-^T, I2;i, ! 10 prfncipal aiil $l,'^a),fili Interest,this amount, t66,7(W,6J0 is on the "called''"
Of
Debt Bearins no Interest.
Character of I^i^ne.
Old demand notesLegal-tender notes ....
Certiflcatesof deposit.Fractional currency.. .
Gold certificates
bilver certilicates
Aggregate of debt bearing no interest.Unclaimed Pacific KR intere-t
Authorizing Acts.
July 17, 18-.1; Feb. 18, 1,'B-J
Feb. S5, I8n-J; .July 11, l&a: Mar. 8, 1868Iune8, 1«7SJuly 17, 18li2; Mar .?, 1863; June 30, 1884.Marcha, 18«3Fcbruaiy 2j, 1578
Air.ount
Recapltnlatloii.
ISTEREST-BBARINB DEBT
—
Bonds at 6 per centBjnds at 5 per centBonds at 4!^ per centBonds at 4 per centRtfundng Certificates st4 per centNavy pension fund at 3 per cent
Tota! interest-bearing debtDebt on which Int. has ceased sntcB KATURi-rr.Debt bkahing no Interest—Old demand and legal tender notesCertificates of depositFractional currencyGold and silver certificates
Total debt bearing no Interest.Cnclaimcd P_cific KH. interest
. . . .
AmountOutstanding.
$4«,flr.S,1C0
';GI..'j.32,15(":
sso.noo.ooo551,38 ,700
3.104,J5
14,0 0,0 I
1,968,<(62.60067,<2i»,n.i
$846.7<t2,f.31
S'.ess.ooi.
15,913,00;'
]7,7'IV,ta'
1 1 12,0 (',?«)
Total $2,448,432,170Total debt, principal and interest, to dote. Including interest duenot presented for payment
Total cash in Treasury
Debt, less cash in the Treasury, Mny 1, 1879Debt, less each in the Treasury, Aprd I, 1879
Increase of debt during the past monthDecrease of debt since June 30. 1878 . .
Interest
$2%142,9151,203,041
e,MT
ta;, 153,204
t2,47S,5fi7,8M4l8,46;,llft
' Curuent Liabilities—Interest due snd unpaii ,
Debt on whch int. rett has ceasedInterest thereonGold and silver certificates .....United States notes held for redemption of certificates of depositUnited States notes held for red -mp ion of frictional currenry...Culled bonds not matur--dforwh ch4 p c. bonds have been issued.Cash balance available May 1, ISTJ
Available As'Ets-Ca h in the Treasiry
{5.166,998B7.f2t.no
l.'j' 3.(4117,74»,62031.635,1003,446,3.39
171,319. 00145,517,818
$418,487,158
418 487,186
Bonds lasaed to the Paclftc Railroad Companies, InterestPayable in Laivlal money.
Character of Issue.
Central PacificKansas PacificUnion PacificCentral Branch, Union Pacific.Western PacificSioui City and Pacific
Total
1 InterestAmount paid by
Outstand'g. United St'i
$1(>,I61,S7,;
4,427,18817,603,««1,117,808l,1.3«,'9
1,024,65
$25,885,120B,303,O0O
87.236,5121,600,0001,970.8601,628,320
$64,S2'!,512 $41,773,-; 45
Inteiestrepjld bytr'nsp't'n
$2,561,34!)l,7i>7,3
6,211,0*73,1429,.36?
86,2->r
10,707,5 !<
Balance ofInt. paidby 0.8.
t:!,P02,23J2.r>B0,2l2
1I,893,;9S1,014.665
1,1:6,830938,898
$31,066,240
The Pacific Itailroad bonds are all issued under the acts of July 1. 1862, andJuly 2, 1864; they are registered bonds in the denominations of $I,00>, f5,000and flO.noO; bear 6 per cent interest in currency, payable January 1 and July 1,
and mature 30 Years from their date.
IMPORTS AND EXPORTS FOR MARCH, 1879.
The following stfitement, by customs dictricts, shows Ute
v9.1aes of merchandise imported into and exported from the
United States during the month of March, 1879:
442 THE CHRONICLE. LVOL. XXVIIL
\
Treasurer's transfer checks uutstandliig $4,229,023 23Treji^urcr's ffeiieral account
—
Special fund for redemptiun of frac-tional currency $8,446,338 00
Interest due an(l unpaid 11,522,503 l4Called bonds and interest 68,()32,751 95Coin certificates 17,74il,620 00Balance, including bullion fund 331,830,872 90
438,182,085 99
Customs Districts.
Baltimore, MdBoston, MjwsBr.izos, TexasBuffalo Creole, N. YOape Vincent. N. YChamplain, N. YCliarlcston, 8. CCorpus Christi, TexasDetroit, Miiili
Galveston, TexasHuron, MichKey West, FlaMinnesoia, MinnMobile, AlaNew BctUord, M<i«BNew Orleans, LaNew York, N.YNiagara, N. YNorfolk, VaOswegatdiie. N. Y'
Paso del Norte (Tex.)& New MexicoPassaniaquoddy, MePensacola, FlaPhiladelphia, PaPortlancf, etc.. MePucet'8 Sound, Wyoming Ter. ..
Ricliraoud, VaSaluria, Texa.s.San Francisco, CalSavannah, GaVermont, VtWilmington, N. CAll other districts
Imports.
$1,015,2304,030,569124,990189,831
8,78497,5861,066
31,90870,25925,902
118,60717,49211,87963.3503,275
750,77328,861,943
176,n042,713
49,68310,97344,9174,216
3,576,03077,782
219162
12,9722,097,833
5,698287,85714,448
126,300
Exiwrts.
Domestic. Foreign
$4,309,8003,931,753140,23020,1576,457
117,3061,427,135
82,01473,090
2,256,902398,84369,71843,423
918,3018,592
11,924,77827,970,866
1,218,29756,727
56,841218,972
3,485,831281,57542,27-1
129,33287,160
2,143,6972,243,676108,498145,960641,726
$6,82150,15351,594
35
9,899
2,984572
48,950777,783
486
1,765
"494
1,6748,771
3,70742,783
181
Total $41.917,256 $65,008,924 $1,017,295
Comparative statement of the imports and exports of the
United States for the month ending March 31, 1879, and for
the nine and twelve months ending the same, compared with
like data for the corresponding periods of the year immediatelypreceding.
[Corrected to April 25, 1879.]
MEKCIIANDISK.
Exports and Imports.
1879.—Exports—Domestic ...
Foreign
TotalImports
Excess of exports over importsExcess of impoils over exports
1878.—Exports—Domestic ....Foreign
TotalImporta
Excess of exports over importsExcess of inii>orlH over exi)oi-t8
For themonth ofMarch.
$05,098,9241,017,295
|i66,116,21941,917,2.50
$24,198,963
$70,410,1931.316,385
$71,726,57837,637,871
.$34,088,707
For tlio nine For the 12nn*nlhsend-j niontlis end-ed March 31 ed March 31
$549,1 21,38l'$707,173.3009,450,844i 13,036,144
$538,572,225 $720,209,450329,440,636
j436,378,328
$229,131,589 $283,831,122
$522,657,34310,.571,198
$533,228,541330,113,840
$203,114,701
$051,966,31113,4.54,190
$665,42(^51)1465,929^698
$199,490,803
GOLD AND SILVEIt (COIN AND BULLION).
1879.- -Exports—Domestic . .
.
Foreign$2,400,797
594,047Total $2,994,84^4
ImportsI
1,184,604Excess of exports over imports $1,810,240.£xces8 of imports over exports
1878.—Exports—Domestic .. ..
Foreign
TotalImports
Excess of exports over ImportsExcess of Imports over exports
ii2,233,9S6658,687
$2,892,6732,187,687
$704,986
$10,605,3415,220,840
$15,826,18115,988,126
161,945
$18,881,4164,191,576
$23,072,99219,813,213
$3,259,749
$18,785,8107,707,504
$26,493,27425,996,197
$497,117
$37,085,15410,063,725
$47,748,87923..s38,3fi7
$23,910,512
TOTAL MERCHANDISE AND SPECIE.
.1879.—Expoi-ts-DomesticForeign .
TotalImports
Excess of exports over importsExcess of imi»orts over exjwrts
1878.—Exports—DomesticForeign .
Total
S7,499,7211,611,342
$09,111,06343,101,860
$26,009,203
.$72,644,1791,975.072
. $74,619,251Imports
I39,823,558
Excess of exports over importsbii34,793,693Excess of imports over exports'
$359,726,72214,671,684
.$725,959,11620,743,648
$374,398,406345,42-^,762
$228,969,644
$746,702.7(>4462,374,525
$284,328,239
$541,.538,759 .$689,651,46514.762,774| 23,517,915
$.556,301,533 $713,169,380349,927.083 48^,768,064
$206,374,450 $223,401,315
UNITED STATES TREASURY STATEMENT.The following statement from the ofBce of the Treasurer for
May 1 was issued this week. It is based upon the actualTetums from Assistant Treasurers, depositaries and superintend-ents of mints and assay ofBces :
LIABILITIES, MAT 1.
Fund for redemption of certiflcatcs of deposit, June 8,
T,^^J^«- .\ : .$32,045,000 00Post-offlee Department account 2,035 641 10Disbursing otllcers' balauces 14,637,216 33Fund for reilemption of notes of national banks " failed,"" in li(^ui(latiou," and " reducing circulation" 13,003,496 75
Undistributed assets of failed national b.inlts 967,228 96Five per cent fund for redemption of national b.ink„°»te8 13,659,897 95* und for redemption of national ))ank gold notes 1 7"0 00Currency and iniuor-coiu redemption account 3,749 45rntercst account 108,012 75•Interest account, Paciflo Kailroads and L. & P. CanalCo
_ ^ 830 rtoTreasurer U. S., agent for paying interest on t>. 6. bonds. 40,322 55
ASSETS, MAT 1.
Gold coin and bullionStandard silver dollarsSilver coinSilver bullionGold certitlcatesSilver certitlcatesUnited States notesU. S. notes (special fund for redemption of fractionalcurrency) :
National bank notesNational bivnk gold notesFractional currencyDeposits held by national bank depositariesDeposits held l>y U. S. designated depositariesNickel and minor coinNew York and S.an Francisco exchangeOne and two-year notes, AcKedecnuMl cci-tiiicutrs (!f deiiosit, June 8, 1872QuaiT<'jly iiiti'jrst 4')uM'ks and coin coupons paidRegistcrt'd and niiclaiiiicd interest paidU. rt. iKHuis and interestInterest on District of Columbia bondsPacillc Railroad interest paidSpeaker's certiti(;atesDeficits, unavailable funds
$518,924,225 06
$134,520,140 4823,694,363 006,621,940 396,949,046 43
62,140 001,779,340 00
61,998,485 16
8,446,7,635,126131,
260,760,33,
1,502816,
1,140343519
1,018
131,690,
338 00,700 54,495 00062 11430 69549 64,527 21500 00550 50,000 00,813 84,117 50,973 03680 7530 00
,952 50,848 30
$318,924,225 06
pi0ttetavtj g i£/axxmxtxt\'ei\^nglisTt^cxxrs
RATES OF EXCHANGE AT LONDON AND ON LONDONAT LATEST DATES.
EXCHANGE AT LONDON—Al'RIL Ig.
On- Time.
Amstci-dam - Short.Amsterdam . 3 mos.Antwerp *'
Paris Short.P.aris 3 mos.Hamliurg . .
.
**
Berlin "
Frankfort . . -'*
St.Petei-sb'rg t(
ViennaMadrid "
CiuUz tt
Genoa **
Naples <(
Milan **
Listion 90 daysAlexandria .
New York...Bombay .... 60 daysCalcutta '*
Hong Kong .
Shangliai
Rate.
12.1 '*1212.3i2®12;5.42i.>«.2r)
25.42li;a2.".•20.59 ®20•20.,59 ai20•20.59 ®20
22''8a2311.92l2@H
47i4®4747i4®47
27.92i2S)27•27.92 i2a)2727.92i3®27'
51!>8®51
4471
47'(il
1.64
64
.971-2
%•97 Jo
•97 la
9712
EXCHANGE ON LONDON.
LatestDate.
April 17
April 17.\l'ril 17
Is. 71i6d.Is. 7ii6d.
April 17April 17April 17April l.H
April 17
April 1
April 17April 17
April 15.\l)ril 17Aprii 17April 17April 17Aiuil 17
Time.
Short.
Short.Cheii's.
Short.
3 mos.
3 mos.
3 mos60days6 mos.
Rate.
12.06
25.2625.201a
20.4420.4420.4423 14
117-30
27.5027.5027.50
97%4.87
I8.7i2d.-ls.79i6dIs.7i2d.-l8.7»i8d
38. 7i4d.
5s. Od.
IFrom our own correspondent.]
London, Saturday, April 19, 1879.
It was well known that the supply of money would increase
as soon as the dividends on the public funds had been distrib-
uted, and there has this week been a much larger supply of
unemployed capital in the market. The rates of discount have
been very easy at about 1'% per cent for three months' bills,
but the holders of choice paper are reluctant to pay even that
low price for accommodation, and hence lower quotations are
expected next week. Nothing has, in fact, transpired to change
the belief in a somewhat protracted period of cheap money, as
trade and enterprise are as dull and restricted as at any period
during the last twelve months. The greatest caution is observed
in every department, and there is an almost complete absence
of speculation. In fact, speculators find that there is no
encouragement to speculate either in merchandise or in bonds,
and consequently both trade and Stock Exchange business are
conducted on very proper and legitimate bases. At the same
time, we are not only importing less, but we are paying
comparatively small sums for imported produce, the decrease
in the value of our imports during the first three months of th»
year being officially estimated at £11,000,000, compared with
1878. There is al.so a falling off of £3,000,000 in the value of
our exports of British manufactures, so that the reduction in
the value of our imports and exports for three months is £14,-
000,000, or at the rate of £.50,000,000 per annum. It is thus
evident that much less capital is necessary to conduct our trade,
and not only is this the case, bat securities of nearly all kinds
are low in price, only those of acknowledged soundness being
quoted at high quotations. This is, ia fact, a feature which
confirms the belief that much di.strust still prevails. Consols
have been quoted at 98)6 to 98>S to-day, and the value of
Colonial Government securities, India Government stock, Indi&
Mat 3, 1879.] THE (;HRONl(n.E. 443
railway debentaiwi, British preference and debenture railway
HtockH, and United States Government and railway securitieH
has b»!en rising. Investors and trustees evidently consider it
judicious to leave as little as possible to chance, and to be con-
tent with a low rate of interest. This, however, is a condition
of things by no means satisfactory. Only the very rich can be
eontent with 8 per cent interest per annum for their capital
and have the principal shrink at the end, for consols at 98 and
upwards are likely to have a fall when more confldence exists.
There are certainly no indications of any immediate change in
the present state of affairs, and hence very low rates of
discount are expected to prevail throughout the summermonths. Our imports will cost us still less, as they will be as
usual on a diminished scale daring the three months previous
to harvest, and there is not much danger of the public being
enticed into foreign loans or speculative enterprise of any kind
The rates of discount have not varied to any important extent
during the week, but the tendency has been towards lower
quotations. The rates current are as follows:
Per cent.Itnuk rute 2OiHiii-iiiurket mtes
—
\iO iHKl tiO (lays' bills 1 ^abilk
Oi>en-niarkot rates— Per cent.4 moiitb»' bunk bills l^-itli-i(i moiitbit' bank blllK 1<>h«1^4 cSc U inuntlu' trade bills. 2 '32i<j
3 niDiithn' billa 1^9The rates of interest allowed by the joint-stock banks and
discount houses for deposits are as follows:
Per cent.Jolnt-ntork banks 1UlAcoiint liuuscB at call 1
do with 7 and 14 days' notice of witbdrawal 1
U
Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of con-
sols, the average quotation for English wheat, the price of
Middling Upland cotton, of No. 49 mule twist, fair second quality
and the Bankers' Clearing House Return, compared with the
three previous years
:
1878.£
28,373,8887,241,867
16.556,48821,151,68922,359,1409,846,189
1879.di-oiil.itinn, Includinii; £
blink iwst bills 29,691,032Public ili'.posite 6,545,999Othur securities 22,334,.573Govornnrt Hccuritics. 14,906.801Othrr deposits 31,824,554Res'vc (if notes & coin 19,091,514Coin and bnllion inboth doiimtnients . . 33,516,239
Proporti(tn of reserveto liabilities 49-41
Bank rate 2 p. o.
Consols 98En(C. wheat, av. price. 4l8. Od.Mid. Upland cotton. .
.
6i4d.No. 40 mule twist .... 9d.
1877, .
£28,744,4336,457,402
15,329,90119,490,21023,190,13412,779,964
1876.£
27,759,8674,963,300
14,.545,36517,688,33022,680,90713,391,740
22,925,444 26,194,994 25,848,310
32-933 p. c.
9551s. 5d.516,8d.
glid.
42-632 p. c.
951852s. 4d.
6»8d.10i4d.
47-913 p. c.
95458. Id.
639d.llHd.
79,836,000ClearinK-Housei-etum 64,680,000 109,487,000 112,727,000
There has been scarcely any demand for gold for export, andconsiderable supplies have been sent into the Bank; but, owingto the holidays, agood deal of additional coin ha»been in circu-
lation, and the quantity of gold held by the Bank has not,
therefore, materially changed. The silver market has beenvery quiet, and the quotation has fallen about ^d. per ounce.
The value of Meiican dollars has also had a downward tendency.
The following prices for bullion are taken from Messrs.
Pixley and Abell's circular
:
d.GOLD.Bar go\d, flno per oz. standard.Bifcr Kold, retlnable per oz. standard.Bpunlsh doubloons per oz.South American doubloons per oz.United Stales /rold (jolii peroz.Ocruiuu gold (ioiu peroz.
8IL\1!R.Bar silver, flne per oz. standard, n(Mircst. 4958Bar silver, (sontalu'g 5 grs. gold.per oz. standard, do 50Alcxican dollars poroz., do 48^3Chilian dollars per oz., none here a>
Quicksilver, £6 2s. 6d. Discount, 3 per cent.
The following- are the current rates of discount at the prin-
cipal foreign markets
s. d. s
77 9 ®77 1012®73 9 ®73 8i2®76 334®76 314 a
d. d.®®
Bank Openrate. market.Pr. ct. Pr. ct.
Paris 3 2ii2®2!liBrussels 3 .2%®2S8Anist(T(liUn 313 3i4®3i2Berlin 3 2 ®2%Hamburg 3 l''8®2i8Fraiikfoi-t 3 214Ixip/lg 3 213Ucniia 4 3?t®4Qcucva 3I3 313
Bankrate.Pr. ct.
Vienna & Trieste. 4iaSt. Petersburg ... 6Madrid, Cadiz &Barcelona 6
Lisbon & Oporto. 5New YorkCalcutta 9Copouhagcu 4 ®4i<i 4 ®4ia
Openmarket.Pr. ct.
3%®4413 '£^5
6 ®75 ®«6 ®7
For many years, Russian stocks have l>een a very popularinvestment both in this country and on the Continent, andalthough the Russian Government borrowed largely in 1870,
1871, 1872 and in 1873, viz., about £68,000,000 nominal, it exper-
ienced no difficulty in placing a 4% per cent for £22,716,920 in
1875 at the high price of 92 per £100 stock. The previous loanraised in 1873 was in a 5 per cent stock at 93, so that the credit
of the Rn.ssian Government in 1875 stood high. The 1873loan LS now, however, near'y ten per cent under the issue
price, and the Russian Government find it as difficnlt to borrow
money as it wm previouiily ea«y. The depreMion in thnmarket for Rawian bonds this week han been partly due to thf)
attempt which has been made upon the Ciar'it life, aod byreports of threatened disturbances. It is well known tlwtsociety in Russia is much agitated, and that the pe<iple ategreatly dissatisfled with the existing state of things. The Rns*sian pttople may well expostulate with their rulent, when thvyperceive that the newly-created Bulgaria is to have a LegislA<
tive Assembly while their own Government makes no siga ia
the same direction. The Russian people will also feel for
a long time to come how heavy has been the bnrden entailed
upon them by the late war j the^beneflts they have derived-r-
though great—are less obvious. At present, they know too well
that many valuable lives have been sacrificed, and that thera
has been a vast outlay, which must cripple the finances of the
Government. This means that heavier taxes will bo imposed
upon them ; so that, in spite of victory and of some accession
of territory, each individual mast appropriate more to th^ Gov-
ernment and have less for himself than a few years a^o. If
the Russians have no confldence in themselves, it is not likely
that foreign countries will have, and hence the delay which
arises in negotiating the long-talked-of and necessary loan.
Russia requires a large sura to meet the heavy requirements of
the admini.Htration ; but no firm or syndicate has yet ventured
to fake the matter up. It is certainly not pleasant to a country
like Ru.ssia to have to bonow ten per cent less favorably
than in 1873, but is there any rea-son why the value of their
bonds .should improve?
The Meml>ers for Birmingham addressed their constituents on
Wednesday, being at a later period than usual, owing to the
indifferent health, arising partly from domestic affliction, of
the senior member, Mr. Bright. In one of my letters, written
early in the year, I briefly expressed the opinion that it would
be a blessing if a semi-barbarous country like Afghanistan
were absorbed by civilized communities, and that many future
complications would be avoided if Ru8.sia and England agreed
upon a frontier, mutually satisfactory, in Asia. We should
certainly be able to respect each other's power, and this would
be a guarantee for peace. Mr. Bright alluded to this subject
in the following words :
Well, now, as to giving np India. No, I will not propose togive up India ; all 1 propose is, that we should try to make thebest of it and not the worst of it, and give up the childish terror
under which we have been laboring. We have heard of aneutral zone or belt of neutral territory between India andRussia in Asia. I remember some years ago having a converse^
tion on this subject, I am not sure whether it was with LordClarendon or Lord Granville, and the Duke of Argyll as well,
but they spoke to me about this neutrai zone whi(3n they wereendeavoring to establish with Russia. My opinion was aitked
about it. I said, " it is a very good thing under the circumstan-
ces, if nothing better can be done ; but," I said, " it will be agreat deal better for Russia and England when there is noneutral zone and when these two empires are conterminous."Now, did you ever hear of a neutral zone between the UnitedStates and Canada? No. But although when the UnitedStates entered into the late war with millions of men in arms,she did not touch upon Canada. Did you ever hear of a neu-tral zone between France and Italy, or Spain and Portugal ? No.But why do these countries remain at peace ? Because theyhave no interest in going to war. If there was only a mountainridge, or a stream, or a fence, that one of these young gentle-
men that I shall see opposite me next week, I dare say, couldleap over on his hunter without the least difficulty—if therewas only a barrier like that between Russia in Asia and Britain
in Asia, there would be no difficulty in preserving peace betweenRussia and the United Kingdom. Surely two civilized nations
can remain at peace. They remain at peace all over Europe.They remain at peace in North America. They can remain at
peace in Asia. Russia is far, I would say, more accessible to usif we were (iisposed than we know India is to her. Then, Rus-sia has as great an interest in being absolutely at peace on theborders of our Indian Empire as we have in being at peace onthe borders of her Asiatic dominions ; and if this were once
brought about, the difficulty does not rest at St. Petersburg—it
rests in this country, and it rests in India.
In the wheat trade, there has been no important feature.
Supplies are adequate to our requirements, and millers pur-
chase sparingly at about late prices. The weather has been
favorable for agricultural work, but the winds are cold, and
vegetation is in a very backward state. The coldness of the
winter has been unparalleled, and we have now had nearly five
months of a low temperture. The death rate in the country has
been much above the average, but although we expect a gen-
ial spring, we are still only looking forward to it.
During the week ended April 12 the sales of home-grown
wheat in the 150 principal markets of England and Wales-
amounted to 52,939 quart«rs, against 36,319 quarters, and it
'
444 THE CHROINKJLE. [Vol. XXVIII]
8 computed that in the whole kingdom the.y were 211,750
quarters, against 145,250 quarters in 1878. Since harvest the
sales in the 150 principal markets have been 1,757,741 quarters,
against 1,381,588 quarters ; while in the whole kingdom it is
computed that they have been 7,031,000 quarters, against
5,534,500 quarters in the corresponding period of last season.
Without reckoning the supplies furnished ex-granary at the
oommencement of each season, it is computed that the following
quantities of wheat and flour have been placed upon the British
markets since harvest:
1878-9Imports of wheat.cwt.29,684,86.5Imports of flour 5,316,056Snles of liome-grownproduce 30,467,500
1877-3.36,498,6805,592,136
1876-7.23.200,7103,865,195
1875-6.3.),206,8894,263,155
23,982,500 26,558,500 25,821,000
Total 65,468,361Deduct exports of-whcit and flour 18,721
66,073,316
1,213,811
53,624,405
664,601
65,291,044
211,292
Result 65,449,640Av'sc price of Euglishwbeiit for the seuson. 40s. 4d.
64,829.475 52,959,004 63,079,752
52.S. 8d. 498. 6d. 458. 6d.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the Ist of September to the close of last week, compared
with the corre.sponding period in the three previous years ;
FOltEIGN IMl'OliTS AT NEW YORK FOI! THE WEEK.
1876.Dry Goods $1,183,974
"" 3,908,633
1877.$1,111,8456,132,219
1878.$1,148,4965,183,353
1879.$1 ,783,3855,687,716
$5,0:>2,60.9106,633,078
$7,244,06 4
103.028.044$6,331,84990,653,114
$7,473,10195,365,350
IMPOKTS.1878-9. 1877-8.
Wheat cwt.29,634,803 36,498,680Itea-ley 7,443,989 9,165,737Oats 6,571,218 6,912,579l*ea« 971,713 1.118.864lloaiis 770,311 2,276,643Iiidiau com 19,327,939 19,295,913Flour 5,316,056 5,592,130
1876-7.23,200,7109.563,7620,305,861819,929
3,056,65420,213,.5553,805,195
Wheat cwt-UorleyGateI\5il8
ISennaIndian cornFlour
KXPORTS.1878-9. 1877-8.1,145,272
90,34059,02312,1227,025
290,86491,249
1,203,31237,62023,26413,86214,836140.81540,529
1870-7.638.91933,154277,50119,93318,973
307,84725,682
1873-6.33,206,8896.038,6315,849,146988,366
2,319.20014.386,0404,203,155
1875-6.195,78519.297
193,70728,0066,292
31,51515,307
General nidsc.
Total weekPrcv. reported.
Tot. 8'ce Jan. 1.. $111,723,687 .$110,272,105 $98,984,963 $102,838,431
The following is a statement of the exports (exclusive ofspecie) from the port of New York to foreign ports for theweek ending April 29:
EXl'OKTS FROM NEW VOllK FOR THE WEEK.1876. 1877. 1878. 1879.
For the week... $1,382,548 $4,.391,867 $5,945,499 $6,956,903Frev. reported.. 74,465,047 81,774,138 107,557,456 96,480,289
Tot. 8'ce Jan. 1.. $79,047,593 $86,366,003 $113,502,955 $103,437,192
The following will show the exports of specie from the portof New York for the week ending April 26, 1879, and also acomparison of the total since January 1, 1879, with thecorresponding totaLs for several previous years:
April.23—Str. Morro Castle Havana Mex. silv. dols. $24,53024—.8tr. Herder London Am. silv. bars. 52,300
Hanibui's Am. silv. bars. 10,00024—Str. Caniraa Hamilton Eng. gold coin. 4,88526—Str. Main Hiemcu Am. Rold coin. 1,200
London Mex. silv. bars. 1,679Am. silv. bars. 80,000
20—>Str. Germanic Liverpool Mex. silv. dola. 16,262Am. silv. bull'n 20,800Am. silv. dolR.. 2,000
26—.Str. Bei-muda St. John, P. K Mex. silv. dols. 10,000
Tot.nl for the week ($217,791 silver. an<l $6,085 gold) $223,876Pievioualy reimrted ($0,137,313 .silver, .-uid $221,712 gold).. 6,379,023
Tot. since Jan. 1,
Same time In—1878 $7,063,1031877 4.853.6321876 16,033,4471875 23,183,973
9 ($6,373,101 silver, and $22Same tijno in
—
1874..... $11,230,4861873 18,527,7371872 10,763,5481871 23,143,050
,797 gold).. $6,602,901Same time in
—
1870 $8,689,2871869 10,914.4511868 22,83r,9381807 9,384,281
EnallHh market Keports—Per Cable.
The daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Monty and Stock Markft.—The bullion in the Bank
of Bngland has decreased £75,000 during the week.Sat. Mon. Tues. Wed. Tliuva. Fri.
Apr.20. Apr.28. Apr.29. Apr.30. May 1. May 2.
Silver, per oz <f. 50 ,30 50 50 50^ 50Consols for money 9808 98i3i8 OSI'ib 98"n 98''i«Consols for account 98=8 98''8 OSHie 98*16 98U,jU.aiO-40a lOS^B loss's 10378 103:% x lOS^aTl. 8. .5«of 1881 10338 105% lOS^a 105>9 ^ 106U. 8. 4>2sof 1891 109% lOO^Vi lOO'ia 109% 3 110U.8.480fl907 1041s 104=8 104''8 104% 5 lOligKrie, common stock 27»s 27 '4 26''8 26»8 « 28Illinois Central 88% 88% 88% 88>2 8«'i!Pennsylvania 37% 38>a 38% 33%PUiladelphia&Readiug. 15>i 15% 15'a 13>fl 10
Liverpool Cotton Market.—See special report on cotton.
Liverpool Breadatuffi Market.—Sat. Mon. Tues. Wed. Tluirs. Fri.
s. d. s. d. s. d. s. d. s. d. «. d.
Flour (ex. State) «bbl.. 23 6 23 6 23 6 23 23 6 23WhOiit,8pr'g.No.2,1001b. 85 85 8 5 85 85 85Spring, Vo. 3... ' 76 7 70 70 70 70Winter,Weat.,n. " 90 90 90 90 90 90Southern, new . " 93 93 93 93 93 9 4Av.Cal. white.. " 8 11 8 11 8 11 8 11 8 11 8 11California club. " 93 9 3 93 93 93 93
Oom,mix,8ft,old,¥cenfl 4 7>2 4 T>9 4 7is 4 7'3 4 7I3 4 7I9
Priiuc, new " 4 413 4 4ia 4 4H) 4 ihi 4 413 4 i'a
Liverpool Provisions Market.—Sat. Mon. Tues. Wed. Thurs. Fri.Q ft St ff ff (I H tf S (f ft ft
Pork, West. mess. ^bbl.47 47 47 47 o' 47 o' 47Baoon,rngcrr,new.cwt.2G 20 O 20 O 20 26 25 9Short clear, new ."270 260 26 6 26 6 26 6 26
Beef, pr. me*s,new,|ttc.75 73 75 75 75 75 Otard, prime We~st.Wcwt.32 32 32 32 32 32Cheese. Am. choice. " 40 40 40 40 40 40
London Petroleum Market.—Sat. Mon. Tuoj». Wed. Tlnirs. Fri.
d. d. d. d. d. d.
Petroleum, rof....^ gal. 814 8%®8'4..®. 8®8i« .. »> «...Peti-olcnm, spirits " ...•«> ® ® a...7'4®3 ...ai..
The imports of specie at this port for the same periods havebeen as follows:
April.21—Schr. A. D. Merritt21—Sti-. City of Merida
Baracoa Am. silverVera Cruz Am. silver
Am. goldForeign gold . .
.
22—Str. Caniraa H.imilton Foreign gold...22—Str. Hermann Kio Janeiro Am. silver
22—W. D. Andrews Port-au-Prince Foreign silver.
23—Str. C. of Wa8liingt'n.H.aV!iua Foreign gold. .
.
25—Str. SiHito Domingo. .Han Domingo Am. silver
26—Str. Acapulco Aspinwall Am. silverAm. goldSilver bars
Total for the week ($68,460 silver, and $17,040 gold)Previously reported ($2,873,095 silver, and $300,683 gold) .
.
$2,10029,0501,06.36,5132,8362,0001,2900,500
32,2741,416128324
$85,50})3,373,778
Tot. Since Jan. 1, '79 ($2,941,555 silver, and $517,723 gold). .$3,439,278
San>c time m—1878..... $10,412,3781877 6,270,0741876 1,552,3081875 5,»93,010
Same time in—1874 $1,234,0791873 1,593,.5301872 038,5191871 2,994,481
Same time in—1870 $0,340,5091809 8,463.1451868 2,817,1421867 692,614
ExportH of Provision'.
The following are the exports of provisions from New York,Bo.ston, Baltimore, Philadelphia, Montreal. Portland, and NewOrleans, for the week ending Apr. 26, 1879, and their distribution:
To-
Imports and Exports for the Week.—The imports of last
week, compared with those of the preceding week, show
an increa.se in both dry goods and general merchandise.
The total imports were $7,473,101, against $8,749,043 the pre-
ceding week and $3,503,056 two weeks previous. The exports
for the week ended April 29 amounted to $6,956,903, against
t!5,.505,487 la?t week and $6,167,126 the previous week. Thefollowing are the imports a*^ NewYork for the week ending(for dry goods) April 24 and for the week ending (for generalmerchandise) April 25:
Liverpool .
London . .
.
Glasgow .
.
BristolHullBritish Port.sHamburgAntwerp —BremenRotterdam ..
HavreMarseillesItalyC<int'l porta..S.&C..\merieaWest Indies..Br. N. A. Col.Oth 'rcouutr's
Tot:il we*k .
.
Previo:is w'k
Pork,bbls.
1,20878721419150
296100157
1
52140
3,143400163
0,9047,196
Beef,bbls.
1,62034822430115
248100
Lard,Ills.
1,081,352
0031
3 3,073,680
07711120
04,0005.000
800.0007,000
2,326,315
072,000240,5^"
Bacon,lbs.
Cheese,lbs.
492,260440
171.200397,813000,710
8,!">00
5.30
3,906:10,947,4312,591; 7,953,033
7,154,214729,075
2,562,1.30367.0.-.0
236,57397.3
430,030j3,180,730450,02391,07549,30056,5002,373
28,50013,444
182,135083873
704,45088,200
195,120210,480
'o6',9661,800
13,639,35116,902,139
3,000
Tallow,Ih.s.
6,01,0
5,23744,6953,876145
1,323,9631 ,000,405
921,109
237,700
170,.50014,480
166,006
23,866
938,66624,392
2,430,5812,631,344
U. S. Leoal Tenders and National Bank Notes.—From the
Comptroller of the Currency, Hon. John Jay Knox, we have the
following statement of the currency movements and Treasury
balances for three months part :
U. S. IlomUlieldasseciiril!/
for NatimuU Hanks.— Feb. 28.
Binidsfor circuHition deposited. .$21,(i9i',700
Bond.x for circulation witlidrawn 19,939,300
Total held for circulation 330,090,400
Boiidsheld as6ccu)ity tordopo.sits 13.922,000Leqitl-Tender Solis.—
Deposited in Treasury under net
of .lune 20,1874 •-••Total now on deposit, includingliquidating b,ink8 12,312,812
Total entered underact of Jan. 14. ,,„„„,^^75 d.»,oio,yo-i
Total amount of grcenbivcks ""t-
standing 340,<)8l,OJl<
710,700
Meh. 31.$12,281,2.3011.775.2.50
351,196,40014,052,400
1,118,400
12,800,098
33,318,981
346,681,010
April 30.$12,036,4,50l(i.982,;^(X)
332,2.30,5,5014,232,400
003,190
13,356.239
.33,318,984
346,081,010
May U 1879.] THE CIIUONUJLE 415
Feb. 2R.2 (>7H.ltM>
124. 12H
Mdi.ni.2,0(>3,4(HI1)22.131
12 1..57!),2.10 32.'i.tl00.27()
l.in0.920 1.4i)U.U20
April 30.2.i»:\7.(m()
l),llM)l<i
;t27,07H,nio1 , KKI.IHM)
Nntitmal Hank Otrrulation—N<*w rii-i'iilulltin (hhimmI. .
Clroiiliitlon Ti'tiiiMl
Tutat iiuUm uiit.-ituiiillDf;
('inToiu'V . :
Oolil .. .
Noti'8 recolvcd for riMlciiipMoiifrom
Now Yiii k
Itiwloit.
I'hlliuli'l)iliiit
Mlar4!lluneoiiM
TiiUI $13.0H3.000 $12,3»M,000 $10,IH7,0<K)
The following is a stutement of the Comptroller of tlio (!iir-
roncy, Hbowinfi^ the isMue and retirement of national bank notesand U'jx&\ tender notes, under the Acts of Juno 20, 1874, andJanuary 14, 1875, to May 1, 1879:
Natioiuil Hank Noiet—Oiitstjuidlnx wliiMi Actor Juno 20, 1874, was naaHed $3.10,891.182iHHiuvl fi-oiii June 20. 1874. to Jim. 14. 187.5 . |I4.734..')0UKcHlitonicU luid lutlroil between suuio dntos. . . 2,707.232
ll,300,irt>0
1.700.000300,000
1.7S3.0O0
4,(HI2.0O05.()')S,0(X)
.'M10.(X)0
2.7(18.000
4.771.m)03.02S.(M)()418.000
1 .910,000
InereiiHe from June 20, 1874. to January 14, 1873. 1.967.268
Outxtnndliijt Jiiimary 14, 1873 $331,801,430Hedecin'd mid letliiid from Jan. 14,'73, todato $73,899,048Surrendud ln>t«een »ame datea 11,097,932
Totjil redeoim'd and suiTondorcd.,Issued between name date«
. $81,990,970
. 00,814,430
I>e<!rcn8e from Januarj- H, 1873, to dnte $24,182,540
Otit»t«tandiug at date $327,678,010
Oreetibarkg—On d(?IKi»lt 111 the TrenHitr.v Juno 20, 1874, to rotlif notesof insolvent and liriuldatliis liaiik.<i $3,813,673
DoiWHitixl fiDui Juue 20. 1H74, 10 dutu, tu retire nationalbank notes 80,208,841
Totiil deposits $90,022,519Circulation redeemed by Troiisuror between gnmo dates,wltliout re-issue 76,606,280
On deposit at date $13.3.">0.239
Retired under Aet of January 14. 1875 $3.5.318.981Outstanding at date 346.681.016Stateme>(t of the Comptroller of the Currency, showing by
States the amount of National Bank circulation i.ssned, theamount of Legal-Tender notes deposited in tlie United StatesTreasury to retire National Bank circulation, from June 20, 1874,to May 1, 1879, and amount remaining on deposit at latter date.
Leial-Tendor Notes Deposited toRetire National Bank Circula-
Additional tion since June 20, 1S74. Legal Ten-Clreiilafnissued s'ee8T.VTK.S .VNI) r, .i„. *, ITo retire d e p s i t
with U. S.Tiea.siuerat date.
Tkukitohiks. June 20,1874, of Notes of
Liquidat -
ing Banks
Cireulat'nunder Aetof J'ne20,1874.
TotalDeposits.
$ $ $ $ $Maine 1,411.180 317.000 600.000 917.000 292.014N. llaiiipslilre 504,265 72.997 55.800 128,797 77,347Vermont 1 ,,580.370 151;097 932.340i 1,103.437 57,198MassjK-liusetts 13.704.715 234,800 0,066,500 6,301,300 290,243Rlimle I.slaiid. 709.110 32.330 735,383 767,735 130,000Ck>niierticut -
.
2.090,!>10 (>5,350 1,249,490 1.314.840 19.0.30New York 15.019,125 2,101,661 18.29;<.500 20.395.101 2.240.099New Jersey . .
.
1,022,305 151.600 1.362.030 1,513.090 370.887Pennsylvania 8,018,380 1.090.311 0,037.980 7.148,297 1.102.488Delaware .... 173,275
486,310 1.573.476 1.742.676Maryland .... iOG.OOO 125.401Dist. Columbia 454,500 400.104 427.500 827.004 50.381VIrKlnia 584,500 808.569 853,510 1.602,079 223.401West Virginia. 51,670 731,060 270,000 1.001,000 149.073N'rth t'arolina 1,082.660 128,200 922.583 1,050,785 229.0.558'tL Carolina . 45,700 933.380 953,380 49.845OeorRlaFlorida
352,93045,000198,000
287,723 437,675 723.400 116,754
Alabama 94.500 94,500 088420
330,493
Mi.s,sissippi .. .
JyOiiiaiana .... l,233,i'36 645,750 2.'o"99,256| 2,743,606Texas 116,100 10,000 229.340 239.340 4,755Arkansas 135,000 135.000 135.000 10,413
378,508Kentucky 3,440,040 575.867 1.378.033 1.933.900Tennessee 444,800 235,901 533.859 709.700 105,392Missouri 569.260 863,310 3,589.410 4.4.34.720 773.926Olilo 1.929,980 1,483,319 2,876.922 4.300.241 1,277,8.53Indiana 2.677,280 1,083,297 5,437,483 6,.322.780 2.040,849Illinois 1,640.085 1.540.134 6,260,590 7,800,730 1,031.731MlehlKan 1.207,910 364..500 1,9.V2,590 2,317,090 370,911Wisconsin .... 277.880 582,360 800,439 1,442,799 348,299Iowa 1.236,400 743,669 1,534,955 2,298,024 459,800Minnesota 881.400 385,095 1.220.445 1,011, .540 210,983Kansas 111.600 781.721 190,530 972,271 309.394Nebniska 45,000 45,000 188.080 233,080 24,314NeviKia 2,278Dakota 54.000
423.900Oolorado 135,083 149.400 284.483 38,300UtAh 161,191 100.800 337,991 24,455WasbinKton .. iWl.CKlio
39.600180.000
MontanaCalifornia
17,300 43,000 62,300 8.000
*J.iegal tenders 3V8i3.673
Totals 63,518.930 16,397,041 69,811,803 90.022.3191 13,336,239• Deposited prior to June 20, 1874, and remaining at that date.
—Messrs. Winslow Lanier & Co. will pay the May interest onthe following securities : Cincinnati Hamilton & Dayton Rail-vray Company fir.it mortgage bond.s ; Colfax, Indiana, bonds ;
Orpeneastle, Indiana, bonds ; Indiana State war loan bonds ;
Indianapoli.s, Indiana, bonds; Logansport, Indiana, bonds;Pittsburg Fort Wayne & Chic ago Railway Company first andsecond mortgage bonds ; Portsmouth, Ohio, water works bonds,and railroad improvemant bonds ; Randolph County, Ohio,bonds; Marietta, Ohio, bonds; and Terre Haute, Indiana, water»nd sewerage bondx, principal and interest.
—Attention is called to the rnrd of Mr. Vfin. R. Utlov, whichwill be fc.undon the fourth pag» of the CiiKnwKsi.ii, Mr. Utlc/is ready to purcha.se a niinil>er of securities named in hiH adver-tisement.
—The wpII known Ann of Latham, Alexander & Co., in bank-ing and cotton business, hate removed from 18 Wall stwwt toelegant qunrtei's in the Queen Insurance Buildintr, 37 and 39Wall street.
—Messrs (Jwynne & Day, one of the leading tito<!k an4 bondfirms in Wall street, having a standing there of fifteen ortwenty years, have removed to haudHoint; offl(;es at 45 Wallstreet.
—Mr. John B. Manning, the prominent broker and dealer inSouthern securitieij, will shortly remove his office to No. 6 Wallstreet.
—Messni. Oelston & Bits,sing, bankers and brokers, have re-moved their offices, and will now be found at No. 10 Wall street.
Bl^K'^G AND FiI«l^(;liL.
Ofkiuk of Fi.sk & n.\Ti n, No. 5 N.\)«.uj Stukkt, I
Nkw Yohk, May 2. 1879. }
To AiiKwer Inquiries r>-iim all Part* orth<t Land:During the imst week our oillee bos been thronged with friends and
customers, our mail imiicli has l>eeii crammed with lettoin, telegraphboys have been going to and fro in a ste.vly stream, and so many Inquir-ies have iwured in upon iLs as to m.vke it alm:)st liojaisible to flail timato answer them.
Many are not awni-e that the Four per cents are iintax.tble In anyform ; that the iutcicst Is paid every qua iter ; that no other Oovemmentbonds, at their present cost, will pay as good Interest In the long nui.Holders of called bonds do not know that by exchanging at onco for" Fours." thej- can do so upon terms that will give them Interest at therate of six iier cent for the next three months. Holders of fives andsixes of 1 881 are exchanging largely for "Fours," and are thereby makingtheir income—by taking into account the difl'erenec received—fully equalto Ave per cent per annum for the coming two years, and at the sametime escaping the contingency that the Government m.iy l>e able to sell
"Fours" at a premium In 1881, while calling In and paying off theirbonds at par, or to negotiate a bond bearing not over three-and-a-halfper cent interest. Every five and six ikt cent bond held In Europe will
be lotunicd to this country before 1881, as the last coupon will bo cut off
by that time, and Eiiroiiean holdcis do not take registered bonds, whileFour per cent bonds will go to Euioi>e to take their place, to a largoextent. All these factsuhow that the amount of the "Fours" remain-ing available for the re-.'nvostment of over ?!250,C0O,0CO of all calledl>ond3 will be rapidly diiiiinished, and that under the eombiiiod demandfor this purpose and for new investments at home and abroad, tlioy will
soon become scarce in the market.It should be remembered that the Fives of 1881 at 102, if redeemed at
the maturity of the option, will pay but four per cent, and that the Sixesof 1881 at 104 for the principal will barely do the sanio.
It must not be lost sight of tliat National Banks will not be likoljr
hereafter to deposit in Wniihiiigton any bonds but the " Fours," and thatwith iucrea.scd activity in busines.s they will need more and more bondsfor that pui-pose ; also, that if a National Bank can lo,in its money at onlythree or four per cent, it can, by ta'diig out circulation on Four per centbonds, increase the rate to about six per cent, while if the loaning rate ofmoney is six and seven, circulation becomes still more profitable; thatthe Savings Banks can find absolutely nothing in large amounts in whichto invest their money but the " Fours ;" that they will ere long be com-pelled to reduce their rate to depositors to four per cent; that the greatLife, Fire and Marine Insurance companies have fared so badly withreal estate security, town and city bonds, andotherniisecUaneous inve«t-
ments. during the past few yeai-s, that they arc now putting the bulk of
all their .iccumiil.ttions into Government "Fours;" that estates andtnist funds absorb cuorinou.1 amounts; that the i>coplc North, East,
South and West are putting away the registered United States Govern-ment Four per cent bonds as a sure thing; that Em-oi)e is now commenc-iug with daily-increasing rapidity to buy back in tlio "Fours"the Ave to six hundred millions it has sold to us in' fires
and sixes during the past three or four j-cars; that wo are tlio
safe asylum not only for the peoples but for the moneys of all nations
;
that our Four per cent Government bonds are dealt in on every bourseand stock exchange in the world. All tiie foregoing suggestions are do-
signed to answer some of the numerous questions which are put to usevery hour of each day.
We will only add that during the past week, of the $121,000,000 Fourper cents, recently subscribed for. over $38,000,000 have already beentaken up by permanent investors, one life Insurance company havingtaken $2,000,000, another $1,000,000, one s.ivings bank $2,000,000,another $1 ,000,000, one merchant banker for his clients $1,000,000,while large amounts h,ave been takeu by National Banks to bosubstituted for their other securities In the Bank Department, and at least
$3,000,000 have gone to Europe. It would not be surprising If the Lon-don and Continental markets should, during the present year, absorb at
least one Itrtndred mittioiis.
No country or nation ever became great and prosjicrous that perma-nently paid a large rate of Interest on its imblic debt.
A dishonest country or nation pays no Interest at all.
A countrj- or nation in bad credit pays the highest rates.
A country or nation honest, upright and Jealous of Its crotllt, IwtTOwsmoney on Its own terms. Capital and ontori>rlse seek that land and Itn
securities.
The reduction of the rate of Interest on our pnT)lic debt to tbreo-and-a
half and four i>or cent, is a jwrmancnt benefit to every person and enter-
prise in the country, and Is the surest sign of retumlngnatloual wealth
and stnind prosperity. BusiieetfuUy,
F18K & Hatch.
446 THE (MRONK^LE. [Vol. XXVIIL
NATIONAI. BANKS ORQANIZBD.The United States Comptroller of the Currency furnishes the
following statement of National Banks organized the past week
:
2,423—Fourth Kational Bank of Columbua, Oliio. Authorized capital,
$100,000 ; paid-in capital, $50,000. William S . Ide, President
;
Wesley Richards, Cashier. Authorized to commence businessApril 23, 1879.
DIVIDENDS.The following dirldends have recently been announced
:
Name of Company.
RMtlroads.Boston Con. & Montreal prefBoston & AlbanyCedar Baplds & Mo. RiT. (quar.)Cincinnati San. & Clev. prefConcordBepuhllcan Valley (quar.)
BanluiAmerican E.xch.ingeOermau Exchange
miscellaneous.Pullman Palace Car (quar.)
PerCent.
3$41352
35
WhenPayable.
Books Closed.(Days inclusive.)
May 5.May 15.May 1.
May 1.May 1.
May 1.
May 1.May 9.
April 26 to May 1.
May 15.
VKIDAY, m.lY 2, 1819-S P. HI.
Tbe money market and Financial Situation.—Theiinan
cial situation remains as favorable as ever, and the markets are
generally firm to buoyant. The sales of XJ. S. four per cent
bonds keep up to very large amounts, and not only are the
holders of five-twenties and ten-forties exchanging their bonds,
b«t even the holders of fives and sixes of 1881 are, in some cases,
selling out to get the benefit of the current premium on those
bonds, and re-investing in the four per cents. With the present
outlook it seems improbable that the holders of called bonds will
be likely to obtain any better terms hereafter, through a decline
in the price of 4 per cents, and for all those who intend to take
government bonds again there seems to be no better course than
to take them speedily.
The money market has worked more easily, and on govern-
ment collaterals the rates have been 2(a4 per cent, and on stock
collaterals 2i(S3} per cent.
The Bank of England statement on Thursday showed a decline
in specie of £75,000 for the week, and its reserve was 50| per
cent of liabilities, against 50J the previous week.
The last statement of the New York City Clearing-House banks,
issued April 26, showed an increase of $3,840,100 in the excess
above their 25 per cent legal reserve, the whole of such excess
being $13,324,050, against $9,483,950 the previous week.
The following table shows the changes from the previous weekand a comparison with the two preceding years.
Loans and dis.
SpecieCirculation ..
Not deposits .
licgal tenders.
1879.April 26.
$231,096,90018,228.10019.707.600
204,514.20045,224,.500
Differ'nces fr'mprevious week.
Doc. $54,400Dec. 617,500Doc. 13,600Inc. 4,259,200Inc. 4,552,400
1878.April 27.
$230,301,50032,585.10020,021,800
200,875,00034,933,800
1877.AprU 28.
$255,733,80020.534,50015,996,100
222,901,20048,865,000
ITnlted States Bonds.—The firm and advancing price of 4
per cents and the great demand for these bonds is the main fea-
ture of the government bond dealings. It simply becomes a
question of time with the holder of ten-forties or five-twenties
whether he shall exchange his bonds immediately or wait till
Ihey mature ; and with the holder of sixes or fives of 1881
whether he shall sell them at the present premium and purchase
4 per cents, or whether he shall wait till 18S1 with the various
chances attendant thereon.
The syndicate of bankers already report the sale of $38,000,000
of the bonds which they subscribed for, and large amounts are
taken in blocks by financial corporations. In London the 4 per
cents keep well up, and are quoted to-day at 104J.
Closing prices at the N. Y. Board have been as follows:
68,1881 reg.68, 1881 coup.58, 10-408 reg.58, 10-408 coup.58, fund., 1881... reg.58, fuud., 1881. .coup.4ifl3, 1891 reg.i^a, 1891 coup.4s, 1907 reg.48, 1907 coup.68, cur'cy, '95-99 . reg.
InterestPeriod
. & J.
. &. J.I. & 8.
I. & 8.
[.-Feb.).-Feb
April26.
'10638106%
April28.
April29.
106381106381
•10638'1063s
103»4 '103I04:i»«l04i4
Mar.j*106i2 lOGia;-Mar.j'IOBSs'lOeSs-Jan. 10134*101%-Jan.
I
101%;*101%'* .T. *1'.'37hI 15410
1031810414106 121065810134101341243,s
April30.
106 1210636
1031(2'10438106»8'10638101?i101«i124H>
May
'10638106 12
103 '8.x033i•xOSia*106'78* 101 34101 'e12414
May2.
'10638'10638
10334'103-''>8
lOSHt107101^8101 '812418
* This is the price bid ; no sale was made at the Board.
The range in prices since Jan. 1, 1879, and the amount of each«lass of bonds outatajiding May 1, 1879, were as follows:
68,1881 cp.68, 5-208,'67.cp.6s, 5-20s,'68.cp.58, 10-408... cp.53,fund.,'81.cp.4ia8, 1891 ..cp.4s, 1907 ....cp.68, cur'ncy.reg.
Range since Jan. 1. 1879.
Ix>west.
105%Uoh.22
lOmMch. 19xOaiaMay 1104 Mch. 21x99 Apr. 1119>aJan. 4
Highest.
106''gJan. 17
1083gJan. 4107i«Jan. 15107 May 2lOfs May 1124I9 Apr. 28
Amount May 1, 1879.
Registered. Coupon.
$201,637,45053,723,20014,911,600
143,054,700258,307,950165.760.950334,259,20064,623,512
$81,098,90074,033,75020,612,80049,777,100
250,132,40084.239,050
219,104,500
Closing prices of securities in London for three weeks past and
the range since Jan. 1, 1879, were aa follows:
U.S. 58,10-408....U. e. 58of 1881...U. 8. 4ia8 0f 1891.U.S. 48 of 1907...
April18.
10314x05''810858102''8
April25.
103 »8
10538109%10438
May2.
103''8
1061101041a
Range since Jan. 1, 1879.
Lowest. Highest.
10314 Apr. 10XO514 Apr. 251061s Mch. 21101 Mch. 26
111 Jan. 7109% Jan. 4no May 2104°8 Apr. 28
State and Railroad Bonds.—State bonds have not been very
strong on the Southern list. Louisiana consols remain about 50
(351 on the uncertainty as to the proceedings of the convention.
By far the best thing that Louisiana could do on her debt, if any
relief is necessary, would be to simply leave all matters un-
changed and agree to pay 5 per cent, or even 4 per cent, on the
present bonds, the holders of bonds giving up their coupons on
payment of 2J per cent or 2 per cent as the case may be. Anynew "scaling" of the principal of the bonds would justly be
regarded with great disfavor and still further injure the State
credit.
Railroad bonds have been very active at higher prices. Thegreatest rise has been in Toledo & Wabash equipment bonds,
which sold to-day about 60, and a few weeks ago at 8(@10. Th»other Wabash bonds have advanced also, but not nearly as much.Erie second consolidated made their highest prices to-day enlargepurchases.
Messrs. A. H. MuUer & Son sold the following at auction:
Sharet.5,315 L. Superior Ship Canal
Railway & Iron Co. . .20 p. ct.
40 Manhat. Gaslight Co... 18124 Montauk lire Ins. Co.
of Brooklyn 11016 St. Nicholas Bank 95%
1 00 Second Ave. RR 3010023d8t. RR 93415 Citizens' Gaslight Co. of
Brooklyn 75ie50 Manhat. Gaslight C0...I8OI425 Metrop. GasL. Co.,N.Y.12015 Kagle Fire Ins. Co 20557 Home Ins. Co 12550 Peter Cooper Fire In-
surance Co 203 ifi®203 14
25 Manhat. Fire Ins. Co...ll2is
Closing prices of leading State bonds for two weeks past, andthe range since Jan. 1, 1879, have been as follows:
Sharen.40 N. Y. Equitable Life Ins.lOS60 Commorc'l Fire Ins. Co. 137
Bonds.$2,000 Houst. & Texas Cent.
RR. (Main Line) llrstmortgage 7s 105*4
5,000 Ciucln. Richmond &Ft. Wayne RR. firstmort., guar., 7s, goldbonds, due 1921 ; Int.guar, by the GrandRapids & Indiana RR.,Cin. Ham. & DaytonRR.,andPenn. Co
5,000 Rising Fawn Iron Co.of Ga., 1st mort. bds..
67^8
471a
States.
Louisiana consolsMissouri 68, '89 or '90
Noilh Caroliua 6s, oldreunessee 6s, oldVirginia 6s, consol
do do 2d series..
Dl8t. of Columbia, 3-658
April May25. 2.
50 50•104 1« •IO5I3•22 *22l2
35 3512•77 -78•4H9 •41 128412 84 14
Range since Jan. 1, 1879.
Lowest.
47 Mch. 18103S8Mch. 518 Feb. 834 Apr. 20
41% Apr. 297919 Jan.
Highest.
69 Jan. 61061s Feb. 12221^ April 542 Feb. 13
44 Mch. 2884% Apr. 26-
* This is the price bid : no sale was made at the Board.
Kallroad and miscellaneous Stocks.—The general tone
of the sto;k market has heea strong, but to this there
have been some important exceptions in the prices of particular
stocks. The investment stocks have been pushed up since the
first of the year to very high figures, and there they are firmly
held. The stocks embraced in tbe Wabash combination are main-tained at their advance, with temporary fluctuations, but »s to
Hannibal & St. Joseph there appears to be some disappointment,
and the stocks have gone oft. Michigan Central has been de-
cidedly weak, and this is reported to be in consequence of the
reported connections of theGrand Trui k of Canada with Chicago,
and possibly on account of smaller net earnings the current half
year than had been expected. Erie is stronger on the general
bull movement in its stocks and bonds, assisted in unmeasHredterms by some of the daily newspapers. Chicago & Alton stock
has ruled comparatively low in consequence of the competition to
Missouri River points, and the supposed injurious effect of the
combination which will throw Kansas Pacific traffic over its rival
road. The coal stocks are well held in spite of the low prices
made at the auction sale of anthracite coal this week.
Total sales of tbe week in leading stocks were as foUowj:
St. North- 1 Ohio Del. L. LakePaul. west. & Miss. & West. Shore.
April 26.... 21.5.50 14,895 21,995 21,287 32,675 18,620 5,620•' 28... 23,470 10,350 14,300 10.0:i5 25,145 13,483 10.403" 29.... 20,37s 8,960 9,110 7,060 9,667 6,700 11,014" 30.... 7,725 5,300 7,100 5,305 21.755 6,790 15,430
May 1.-.. 15.535 2.0.50 2.160 6,«:?0 27,700 14.764 9,070** 2. ..
.
13,825 2,950 6,150 5,650 24,350 32,687
93,044
5,600
Total. .. 105,480 44,505 60,815 56,627 141,292 57,137Whole stock. 1 60.000 154.042 149.888l200.0001524.OfH) 771,0771494.665
May 3, 1870.] THE (CHRONICLE. 447
The toUl namber of shares of stock outstandlog is given in thelast line for the purpose of comparison.The daily highest and lowest orices have been as follows:
CanudaHinith.Cent, or N. J..Chlo. A Alton.Chic. llur.AO. 1
Chli-.M.4St.P.|do prwf.
Chic* N. VV..tilt prof.
Chlo. U. I. At P.Olor. 0. C. A I.
rinv.A P.,KUarCol. Chlc.AI.O,l>>-l..<il[.OannlDi'l.Liiok.AW.Eriodo pref.Ilan. A St. Jo.
do pref.Illinois Cent..Kiin^a^ !*aoi(lcIjJiko ShoreJdlcb. Central.Mo. Kans. A T.Mor. A K4.He.x..N. Y.O.AH. B.Ohio AMIs.i...Paolflc Hail...VanamaPitta. K.W.AC.flt.L.L.Mt.ASo.8t.L. K.C.AN.
do pref.St.L.A S. Fmn.
do pref.do 1st prf.
8utro Tunnel.Union Pacltlo.WabashWest. Vn. Tel.
ButuntaT, Mnndar, Tuendar, Wednoii., Thnrsd'r, Fridar.April 8(1. April 88. April W. April SO. Mar 1. May i.
105,l< 100 Wm 103J« 103>i 104MS
* Tbese are the prices bid ana asked : no sate was made at tlie Board
.
Total sales this week, and the range in prices for 1878 andsince Jan. i, 1S79, were as follows:
Canada Southern...Central of N.JChlcaKo & AltonOhio. Burl.& QulncyChlo. Mil. &St. P.. ..
do do pref.Chicago & Nortliw. .
.
do do pref.Chlo. Rook Tsl. &. Pac.•Clev. Col. Cln. & lud.Clev. & Pittal)., jtimr.Col. Cliio.& riid. CentDel. & Hiidsou CanalDel. Lack. & WesternEriedo pref.Hannibal & St. Ju.
do do prof.Illinois Centr.U....Kansas PacificLake ShoreMichigan Central.Missouri Kau. <& TexMoiTis ife EssexN. Y. Cent. & Hud. R.Ohio ic Mi3.sissippl - - -
Pacifio MailPanamaHtte. Ft. W. &Chic..St. L. I. Mt. & South.St. L. K. C. & North.
doSt. L.& S. Francisco,
do pref.do 1st pref.
Sutro TunnelCnion PaoillcWabashWestern Union Tel. .
.
Sales ofWeek.Shares.
1,71046,2561,280843
44,30312.899611,81517,!<-20
2,6654,4761,970
21.61312,534
141.29293,0440,830
38,87016,0202,121
18.66657.13733,14516,7008,8381,617
56,6278,835
SO120
22,1.3087.20384,6102,9038.7;i95,576
18,31415.653
105,48043,376
Prices since Jan. 1, 1879.
lowest.
45»4 Jan.33 Hi Jan.75 Mch.Ill's Jan.34% Jan.74% Jan.4958 Jan.76'8 Jan.119 Jan.34% Jan.841a Jan.5 Jan.
38 Jan.4? Jan.2\i8 Jan.37i9Jan.13 "4 Jan.34 Jan.79'4 Mch.9ie Jan.
67 Jan.73% Jan.5% Jan.
7518 Jan.112 Mch.7% Jan.10% Jan.
123 Jan.101 Jan.13 Jan.7 Jan.
2312 Jan.3>8 Jan.4% Jan.9% Jan.2% Jan.
5712 Jan.17% Mch9438 Jan.
Highest.
63 19 Mch.47% Feb.88 Jan.I2214 Feb.48% Jan.8512 .Jan.
65% Jan.92% Apr.135 Feb.4814 Apr.97% Apr.9 Apr.46% Apr.5559 Jan.2713 Maj-51'4 Jan.21% Apr.45 14 MTch.89 Jan.60 Apr.74^8 Jan.OOk Jan.17% Apr.89 Apr.120 Feb.15% Apr.15% Feb.
140 Apr.108% Maj-23% Maj-17% May4514 May11% Apr.13ifl Apr.28I3 Apr.47a Meh.81 Fob.34% Apr.108 Mch.
Range for1878.
Low. High.
451243 14
15 3817 13%
66%99I427 1304321s59%98%2363 13
2%34%417%
211a1021%72%4
55785812267%103%6%
I21311285531a19i^lia51a31a
6II4121873 14
114%54^884%5514791*1223SI4856%
39^861''822I23816T6
41%8712%71%757%89
115III423'813110215%7%
261a41851411%5
7323''8
102
The latest railroad earnings and the totals from Jan. 1 to latestdates are given below The statement includes the gross earn-ings of all railroads from which returns can be obtained. Thecolumns under the heading "Jan. 1 to latest date" furnish thegross earnings from Jan. 1 to, and Including, the period men-tioned in the second column.
.—Latest earnings reported.—. .—Jan. 1 to latest date.^Week or Mo. 1879 1878.
A.toh. Top. <fe S. F.3d wk Apr. $145,500 $76,711Atl. & Gt. West... February . 328,387 255,878Atlantic Mi.ss.& O March 132,802 129,105Bnr. C. Ran. & N 3il wk Apr. 23,443 24,526Burl.&Mo.R.inN Fcbriiaiy . 127,896 103,695Cairo & St. Louis. 2d wk Apr. 4,128 4.244Central Paoltic...March 1,289,000 1,228..592Chicago it Alton.. 3d wk Apr. 90,966 88,540Chio. Burl. & Q...Fcbniarv . 902,377 911.1,50Ohio. <t i:a8t. 111..4thwkMar 18.627 1.5,131Chlo. Mil. & St. P. 3(1 wk Apr. 163.000 193,594ChlcANorthwest.March 1,101,000 1,095,884Clev.Mt. V. <fe »..3d wkApr. 7,200 7,652Dakota Southern.Mirch 17,739 16,866Dnbunue&8.Cit.v.3il wk Apr. 16.813Gal. Har. & S. Aii.Kcbniaiy . 102,208Gal. Houst. & H.. March 33,415Grand Trank.Wk.eim.Apr. 19 171.024Gr't Weston. Wk.eiiil..\pr. 25 76,417Hannib:il & St. Jo. 3(1 wk Apr. 3^.222Houst. & Tex. C. March 212,916niiuolsCcn. (111.)..March 416.005
do (town).March 124,878Indianap. Bl. &\V. 1st wk Ajir 22,8.37Irt. (fe Gt. North..3d wk Apr. 19.981Slansas Facltto.. .3d wk Ajpr. 90,119
19,63582,18531,069170,60677,41532,228
174,528402,847133,56228,90317.73571,329
1879.
$1,639,974637,508364,147396,196260.59460,933
3.471.1661,238,0632,087.475193,355
2,176.0002,998.94 I
104,94754.578
235,300
136',90i2,037.7771,382,831570,7.33715.007
1,215,96332 1 ,3 1 7286.93J497.600
1,058,401
1878.
$874,74235-t,854389,577517,839202,07252,812
3.320.1091.217,2071,956.617182.398
2.587.9303.'J58,6:i2109,43248,905
309,902
l62a712,811.8871.549,258516,188619,613
1,270,64 .
401,old348,88 i
402,714865,119
.—liatast earalogs reported.^ ^aa. I to latent date.-«
WeekorMo. 1870. 187H. 1879. 1878.Mo. Kann. 4 Tox .3d wk Apr. 44.118 45,315 749.030 774.4.'S0.Mobile & Ohio .. March l«:i.227 jaii.7M 518.827 626,1537.Sasliv.c;!!.A St. L.March 140,497 14.1,2.57 464.809 476,8.14?ad.A Kll7.atmtlit.2(l wk Apr; 4.620 6,809 7f«,703 02,026Pad. .Si,MifinplilR..:<d wk Apr: 2,181 8,095 48.192 61.748Phlla. A Krfo March 212,778 188.511 fl0i,.524 58!t,.'H4•hlla. A KoiuIlng.Maroh 1,041,142 005,3;i4 2,876,222 1.804,724at.L.A.Ar.lI. (Iirs)3d wk Apr. 10,420 8.125 167.142 141,211St. L. Iron Ml..(c 8.3d wk Apr. 8.5,000 73.11V6 1,284.660 1,293,770St. I* K. C. ANo..:W wk Apr. 88,558 68.012 1,014,082 09.1,529St. L.A 8outlioaHt..March 05.830 03,<m3 2B7.541 261,60.'iSt. Paul A 8. City. March 64.095 48,861 138.784 130.669Scioto Valley... March 24,579 18,4.50 0.5.737 44,003SlouxCit.T A St. P.March 30,161 33.480 72.8.13 87.570Southerr. Miiin.. March 47.1,59 66.992 119.415 178.767rol. Pcorl-". A W»r.3d wk Apr. :18.996 23,816 3.^0.907 405.276anion Paciao Febniary . 747,761 679.763 1,438,:102 1,877,268Wabash 3dwkApr. 84,088 81.023 1.220,734 1,339.581
Kxchanse.—The exchange market is quiet and steady. Therates of the leading drawers on actual business are about l(9fbelow their asking rates, and to-day bankers' sterling bills weresoli at [email protected] and [email protected] for long and short billsrespectively.
In domestic bills the following were the rates of exchange onNew York at the undermentioned cities to-day : Savannah
—
selling 5-16, buying, nominal, 3-16. Chorleston—easy, buying3-16, selling J. New Orleans—commerc al i premium, bank ipremium. St. Louis—50 discount. Chicago—weak, 1-10 dis-
count buying, 1-10 premium selling.
Quotations for foreign exchange are as follows:
May 2. 60 days. Demand.
Prime bankers' sterling bills on London.G(K)d bankers' and prime commercial...
4.86i434,-874.85%»4.8rii44.85 «4.85i34.84ia'«4.855.18%»5.16i45.18%®5.I6'85.18% 35.167840lea 40 1495 a 95 1495 -a 95 1495 & 93 1495 ® 9314
4.87%»4.88's4.871J 84.87%4.86i<i 34.874.86 '^4.86^
Paris (fraiicsi 5.16i4«5.13%5.16i4®5.14%
Swiss (fr.aiics) 5.161435.14%40%9 4OI3
Hamburg (relchmarks) 93%® 95%Frankfoi't {relchmarks) , ............ 93%a 9.383
95%» 956393%3 95^3B«r in (rexhmarcks)
The following are quotations in gold for various coins:
Sovereigns $4 84Napoleons 3 83X X Relchmarks. 4 73X Guilders 3 93Bnan'h Doubloons. 15 55Mex. Doubloons.. 15 50Fine silver bars ..
Fine gold bars
a$4 89® 3 88® 4 78® 4 00-3)15 75®15 65
10918® 110par.®i4prem.
Dime* A I2 dimes. — 98%a — 99 14Silver 14S and I2S. — 99 •» — 99iaFive francs — 93 ©—95Mexican dollars.. — 86 ® — 87English silver 4 75 '3 4 80Prus. silv. thalers. — 68 ® — 70Trade dollai-s — 98%®— 9914New silver dollars — 99%® — par.
Boston Uanka.—The following are the totals of the Bostonbanks for a series of weeks past:
Loans. Specie. L. Tenders. Deposits. Circulation. Agg. Cleat
1878. S $ $ $ t SNov. 18. 127,203,!K)0 3.135,000 8,060,800 5«,258,400 2.5,4.':8.700 47.970,098Nov. -JS. 12«,47-',600 2,'.(33,0OO 8,2^J8,'00 55,244,900 i5.4-.0 900 44,426,281Dec. a. 1-J6,t-98,^00 2,862,400 8,655,500 55,713,-00 15,511.400 36,257,603Dec. H. I2r,:1?h.8O0 2.779,900 8,112,900 56,o;(',(»io 25,100,000 46,164,103Dec. 16. 127.483.800 2,630,500 7,4a3,5n0 65,9.32.300 2.1,937.21)0 42,aSJ.385Mec, 2). 188.6S9,70J 2,6.59,900 7,-i>(S,300 5'i,43.3,300 2%4i4,700 43,064,725Dec. 30.
1819.
Jan. 6.
130,093,300 2,851,300 6,416,400 56,217,600 23,359,400 38,488,361
13?,2;0,000 3,851,900 6,126,8'M 69,525,100 25.616,400 52,163,732Jan. 13. 131,651.600 3,898,610 5,93.>,Sfl0 6l,U0.40O 2.3,6)4,800 49,17i.697Jan. -JO. l:i.),-4i,!<00 3,'-3ri,9u0 5,119,700 «l,ilH8,6(10 2->.6I.',600 46,764,891Jan. S7. 1.3fi.79n,6flO 3,8S2,.300 5.2;30,200 65.747,200 25,1500,1110 43,763,114Feb. 3. 189.979,600 3,927.600 6,127 900 64,79^,300 25.486,600 4t.6J0,6-38
Feb. 10. 133,191,100 8,816.500 4,720,30) 61,1911,100 23,t6rt,800 47,534,405Feb. IT. 144,98O,0rO 3,708,300 4,4 6,500 e.9.770,300 25,545,800 47,t80,.36lFe^. 24. 141.799,200 3,M5,700 4,273,300 63.215.9 25,481,100 45.3.34,630Mar. 3. 141,ft(i9.200 3,62o,7(:0 4,324,300 70.326, iOO 2.i,.199,l00 46,349,291Mar 10. 141,823,-:0) 3,664,500 4,6)1 ,500 67,((28.30.1 25,613,100 48,73.3,621Mar. 17 141,.'«8,-"«)0 3,H49,9uO 4.-50,-W0 65 677.100 3S5<0OJ 45.139.465.Var. S4. 140.44 -'.too 3,6-iU,800 4,713,610 64.0.W,100 2.3,445.500 41,907,669Mar. 31. 140,0:i3,100 3,844,000 4,S9 1,000 6:1,4 i.MOO 25.4:«,800 89,867,020Apr. 7. IW.OOl.lOD 3, (-46,200 4,291,700 61.221,500 2'i,8-'7,8(10 44,676,942Apr. 14. 138,300.400 8,684,-;00 3,8"5.S00 63,'i71,n, 26.0:4,200 47.207,392Apr 21. 137,469.400 8,fi6'..e00 8.483,700 6-.',99 ,00(1 SS216,(W) 61,936.677Apr. S8. 134,192,600 3,627,700 3,827,800 6«,S5-2,400 2a,;30.a)0 47,978,840
Pblladelphia Banks.--The totals of the Philadelohia bank*are as lollows:
Loans. Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
1873. 9 $ S t s SNov. IS. 57,6.'j6,695 1.879,3.39 I2,50S,^45 4J,436,416 11,S"3,1!6 27.805,472Nov. 25. 57.344,124 1,912.867 12.618..3M9 4«,112,i'3S 11,:»).361 31.03:3,406
Dec. a. 57,4lil,3ll 1,946,959 18,022,453 45,144,517 li,3*>.8n at. 195,262Dec. 9. ,714,783 1,996,059 I2.740,4T1 44,«1B,I12 11.386,823 87.596,551Dec. 16. 57,.3r,3 6.'8 2,056,397 12,640 356 44.240.0 5 11,884, 75 28,809,821Deo. 2i. 5;. 1(17.459 2,168,142 l:;,220,3« 44,660.121 11, 79,646 33,208.916Dec. 30. 56,919,773 2,461,523 13,lii7,:i07 41.1(03,227 11,371,166 26,110,363
1879. .
Tan. fl. 67,572,251 1.^87.^.M.1 48.69J.7.'l 11.364.BM 3i.»76,3J«Ja.j. 13. 57,777,397 15,5: d,387 45,010.219 11,143,315 81.836.979Jiin. iO. 67,673,6 19 15,401,731 45.5M.02I 11,:MI),673 3:1,644.739
Jan. 27. 57,614.478 ].^,H8?,058 «,26-i.8l6 11,3.'5.5 2 29,942.353Feb. 3. 57,138,02) 15,950,850 43,686.161 ll,81i',79<) 30,7)8,( 63Feb. 10. .•iH,741.6S4 16,519,118 45,273,0i6 11,.309,!(56 31,163,573Feb. 17. 66,9(2,78-. 15,914,568 44,94 ,027 lI,Sii,127 30.293,686Feb. i4. 57,012. ll'.S 15,754.299 44,576,40-! Il,.i:l9.4l4 27.312,894Mar. 3. 57,liO(l,83i! 15,947.736 45,378.745 ll,:-13 1,223 31,157,948Mar 10. 53,368. Jal 15,9 -9,666 46,02?,63* ll,»4:,0'-9 36,.371,691
Mar. 17. r)».48(i,l»5 16,869,150 4fi.«S.571 ll,.^^6,47a S9,«»,598Mar. 21. r8,'(06,71.5 15,3(i0.l<«l 45, '.63.4 8 iLseu-iSO 31,28a,t4UMar. St. f9,00»i.342 ll.glHgQ-t 45,'.'56.36! ll.^lii.OiS 29.945,441Apr. 7. 6'l,9(4.059 J3.701,:32 4S, 11 1.747 11,5 0,123 88.653.745Apr. It. 60..»4,Wl 14,ff22.748 4«,.V,X ."8S ll.50",'.iO 80.561.140Apr. 21. 00,618.117 14,316,883 47,23S.8--.« I1,5I(.J83« 188.407 058Apr. Hi. 69,122,S8« 14,869,6^7 47,uM,^g9 ll,Sa3,«4S 34,295,148
448 THE c;hronjcle. [Vol. XXVIII.
New Vork CUy Banks.—The foUo.vlri!; statement allows the
condition of the Associated Banks of New York City for the weekendinar at the cominencement nf hiisin>-sa on April 2fi. 1879 :
New YorkManhattan CoMeclianics'. ...
MerchantsUnion.AmericaPlicenlxCityTradesmen's..FultonCliemicjilMercii'nta' Exch.Gallatin Nation'lButChers'&DrovMechanic.-*' & TrGreenwichLeather Man'f'rsSeventh Want .
.
State of N. YorkAmeriain Exch.CommerceBroadwayHercaatilcPacIRoItepublicCliathamPeople'sNorth America.HanoverIrvingMetropolitan ...
Citizens'Na.saauMai'ketSt. NicholasShoe & Leather.Corn Kxchange.ContinentalOrientalftlarlneImporters' & Tr..ParkMech. Bkg. Ass'nGrocers'North RiverEast KiverManufrsA Mer..Fc)urth National.Central NatSecond National.Ninth National..First National. .
.
Third National ..
N. Y. Nat. Kxch..Bowery NationalN. York County.
.
Germ'n Amerlc'nChase National..
Capital. Loans and gp^eiediscount:^. ^
*2,000,0008,030.0002,(KXI,tK)0
2,00fl.(K>0
1,200.000!t.O(X).(«H)
l.OOO.tXIOl,0flO,0<X)
1,000,0<]0BOO.IKK)300,000
1,000,0001,000,(»I0
;wo,ooo300.000200.000(loo.ooo300.0(X)800.000
5,«)0,(K)(
5.000,0011,000,0001,0(K),0(I(I
422,7001,500,000450,000412.r)tKI
7(K),0001,000.000500.0(KI
3.000.000000.000
1,0(XI,000500,0(K).'jf>0,OflO
5(KI,000i,oo;>,oi,(KX),ooo300.0(»400,000
1,500.0002,000,00;)500.000SOO.OiKI240,000250,000100,000
3,'200,(KKl
2,(KK),o;)fl
800,o™)750,0005OO.0l.Kl
1,(KKP,000:!0fl,ixKi
2r)<),0(xi
200,0(X)730,000aoo.ooo
Aver.ige amount of
7.6140,2005.54«.«0»5.7fS2,0005.818.i<0O3.«30,2<H)7,371,5012,87«,0<K8,1^3.1002,«W,(iO(l
1,4*3,000io,rao,4oo3,15.'!,1(K1
3,5S1,1001,221,000l,179,fK10S52.100
2,517.900SOn.liOO
2,322,000ll,(»i.O(KI
10,41X1.1004,!I53,600
3,37S,70(Jl,tt55,M003,,')O.H.20O
3,022.3001,209,10(1
1,801,70(16,015,4002,005,100ll.MO.IKW1,5«6,2001.1)0:1,000
2,177,00C1,3S8,7(X>
3, 11 »,()(»3,4i«,2004,077.1001,374,2002,1.59,000
14,717,S(K)10,773,StOO
509,3005:!8,70074.8,900750,7003S5,2<K)
13,0:Ki.lO(i
e.aio.ooo2,215,0003,176,500.5,4,'«i,i)00
5,303,4001,415.4(K)1,1S2,3(X)1,12S,4(K)
1,9^*8. 100t>,507,8(K)
LegalTenders.
t3,52,.500
4fU.90O498,100577,«(Xl
2iK),0()0
542,7002S,S.OO0
l,27»,HO;)249.:iOO197,2(K)
l,3«a,40fl20fl,:«C80,900
• 182,00041.00010,400
2IK),«00113,9008,400
1,100.000l,'.n»;,300
:!97,700300,10059,900
102,100in7.2iX'49.20(182,(XKi
.l;is.,-,oii
llrt.KXl4ir),(X)u
98.00(1
12,900a7,(X)i!
2"j,7(X)
3'29,<XX)
74,8(K)27,iXXi
43,00017.2(X)
1,018.0005.">0.7(X)
72,400S,7(X)
47,200Sl,8001,0(X)
i,iaH,i(x442,(XX)l»5,(XXi
2»l,!!00845,4(X)891,70054,00020,(X)0I2,!XK)
I37,(XK)(U,700
Total |flO,a73.2(X) 231,03(1,900 18.228,100 45,224,500:204,514.200 18,707.000
$2,429,0001,159,3001,319,000583,800831.2(;X)
1.396,700205,000
2,651,000242,000385,200
2,518,700651,70028.4,200151,000227,(KX)17:1,100367,300143,400646,300779,0(X)
2,48 1,(XX)
441,800284,600.581,5(X1
607.7IX)6y2,;ioo146,100321,000884,000.389,900
1,«:19,00()
340,200401.200348,00017(1,800690,00(1567,00(1992,000200,000750,000
3.170,0003,41 1,(XX)
61,50087,400121,00088,;«K)81,fXK)
2.092,7(K1I,;122,0(X)
501,000563,300
1.7a6.2(Xi
603,2(X)160,600224.(X)03o7,7.X)330,4(X)607,7001
Net dep'tsiother
than U. S.
Circula-tion.
7,560,0004,3.58,0005,2:14,3(X)
4,;«)2,10fl
2,886,7005,371,1002,180,0(X)8,16;l,2(X)
1,8(«),200:1,121,700!
10,957,8002.53;i,7001,8:!9,4001 .OM.OCX)1,(XI3,000815,800
1,961,000728,500
1,857,3007,411,0008,182,8003,387,2002,924,5001,97!1.5002,020,4002,924,0001,188,2001,541.9(K)5,415,4001,852,5007,899,0001,7.)9,1(X'
1,8:82,300l,62;t,4(K)
748,1002.785,0002,;181,0003,8,52,4001.217,4002.315.100
16.001 60013,;M:).7flO
456„50()448,200751,:)00580,800402,1XX1
1 1 ,4 I0,00(i
6,1 10,0(X)
2,416,0008,02Ji,6008.881,0005,138.600
a'to,:ioo
Kt;i,7001,247,8(X)1,852.2001,880,000
44,000500
80,60044,.50O
130,0001,UX)
206,000
7,500
516,3006:33,600238,0(X)198,000
2,700337,20036,00045,(XK>
178,0001,63.1,700897.000179,900
712,7(i6400,.500
5,400
315.(XX)204,600
2,218,000246.0;X)
3,900ais,40o450,000447,rKK)
4,7(K)
779,800
KOStOV, PHII.\DSL,P)f I;l. Rtc.-nnntlniind.
3:».(W0l,ll3,oonS18,100308,400
142,.500
l,052,iXX)t,482,0(X)270,0(K)a57,00045,(XXI
799,0(X1208,.800225.00:)180,000
27(),o66
The deviations irom reiuros of previous week are bh follows :
Loans and discounts Dec. »54.4T) I Net depi^lts Inc.. »4,259.200Specie Dec. 847,50J Circulation Dec. 13,600Legal tenders Inc.. 4,532,40:j
1
The toIlowiDg are the totals for a aeries of weeks post:
Loans. Specie. L. Tenders. Deposits. Circulation. Agg. CleariHTS S % S $ $ e
Aug. s'l... 2)1,411,701 17.001..100 51,018."iOO 218,184,103 19,431,700 2«.70«,611Hen. 7... 213,4 li,9:l) l'1.9r.3.1on .5;),88!,5»0 218,711,200 19,082 300 318,022.4.58Sop. 14... 2lt,2r),l()) 1S.5-.1,7.W 4.s.s.)l .2,10 2 1 8,2;t9,(X)0 19,478,SvO a!0,877,7t(lSop. 21... 215.377.4 )] 18:t>J,8i)1 48,.')H,401) 217,30t,lK)0 19,616.;K)D 3:l3,6;XI,.5n6
Sep. 2S..
,
2»9,3i^,5'X) 18,10.1,8:);) 45,610,700 218,332,00.1 19,817,803 370,111,767Oct. 5... 247.8 (1,9;)0 17..5;i;(,703 4!.:i8i.2.X) 214.10.1,403 19,577,50.) 451,971.861Oct. 12... 2IS,6)l,;i)1 l:t,9-)1.10a 4'J,0')n.8M 210.041,2.11 19,59.1,100 42l,149.9(X)Oct. 19... a4'J.5ai.l01 15.517..Srta 4:i.7^.).100 2)1,14»,BM 19,601,200 482,291,920Got. 2J... 215.101.111 19,861,511 39,9 i.',5ia 211,038,700 19,819,730 392,878.293Nov. 2... 211,511,913 21,141.101 4fl.219,0(K) 215,41;),403 19,904„303 481,571,553Nov. 9... 240.2il.21) 21.37.1.201 ;13.15>,410 210.7.17.633 19.iK)5.403 408,993,425
2,i?,615.533 25,41)5.41) 39,9:11,211 203.732,103 19,909,400 460,672,7:17Nov. IS ..
Nov. 23...Nov. 33...Deo. 7...
D30. 14...
D30. 21...
Dec. 21...1879.
Jan. 4...
Jan. 11...
Jan. 18...
Jan. 25...Feb. 1...
Feb. 8...
Feb. 15...Feb. 21..
.
Mar. L..Mar. a...Mar. 15...Mar. 2J...Mar. 23...Apr. 5...
Apr. 12...
Apr. 19...
Apr. 26...
SKCURITIES.
91J35<97H119
(13
10010
dodododo
nsM
1:5
112H02lU8k
211.017.70) 21,414,401 40,.588.213 217.181.803 19.931,930 404.037,74221:),431,103 2^,937,401 41,275,733 201.797.233 20.007,000 388,2:18,6592t9.815.5:)1 2),109,70l 33,9:11,0,10 237,058,63:) 23,a58,20a 4:18,695,221211,017,211 2:),882,911 43,478..503 23!.13l,403 23,141,603 380,741,510215,971,10) 21,911,511 33,693,033 211,825,633 21,077,011 421,214,872213,821,401 21,511,101 43,767,033 2)3,233,730 19,576,703 825,698,134
231,251.033 23,93X233 41,812,611 238,171,001 19,818.800 411.598 7902)3.882.011 18.9)2,41:1 45,035,403 213.482.213 19,785,000 4»t,413,'22521),I61,403 17,314,801 43,913,800 211,50),833 19,767,800 483.222.519214,416,211 17.4:11.703 51.533,833 214,981.233 19,817,803 507,a31,7492)1,211,40) lS,frH,331 31,018,819 219,219,211 19,486,613 611,074,082212,211,2)1 17.819,301 51.115,401 210,387,303 19,427,101 49:).410,515211,181,51) IK.051,,503' 41.311.813 217,271,201 lO.aH.SK) 452,720.4.3:)211,0)?,031 17,93I.:i01 4'.,377,031 216.;112(113 19,.3:).5,930 4,34,90890121'!,718,9!)) 18,451,501 42,851,8)3 21:1,423,703 19,2)2.401 516,2i)7,776217,674,21) 16,91.5,23) 41,5 ).1,8;M 21:1.29). 100 19.2W,0'X) 501,321,270241,324,511 17.312,491 :l 1,17.1,113 210,583:101 19,3:15231 400,417,4232t;l,8).1.80J 18.3)3,711 3!,9r2,63) 2.X),531,4 )0 19,2i)0,000 413,892.7182H,458,.501 18 4W 833 31,21-^,9)1 191.915,l«)3 19..512.100 399 872 6.572)5.811.601 H.*l),033 31,815,801 193.121.701 19.035,500 481,180,6572.).1,I12.911 18.91),033 31,145,403 195..33:l.7l)0 19.891.100 423 259 559ail.lnl.:01 11.875,011 40,672,101 211.255,001 19.721.200 4.87,813 451231,098,lX):j 11,221,101 45,221,5)3 231,514,233 19,707,803 503,ia8,0:)0
(lUOTATIONS l!l BOSTIIS. PHILAUELPIIIA AJiD OTHER CITIES
ftXOnBITlBB.
BOSTON.Maine 68New Hampshire 68Vermont 66MBBsachusetts 58, gold,...Uoston 6s, currency
do 58, goldChicago Bcwerage 78
do Municipal 78Portland 98Atch. & TcpchalBt m.78
do land grant 7sdo 2d78do lan^ Inc. 11a..
tfoBtoD A Albany 76do 6b
Boston & Lowell 7bBosron & Lon ell 68Boston ft Maine 7aboston & Providence 7 » ....
Burl. & Mo., land grant 7bdo ^eb.6sdo Neb. 8s, 113) ....
Conu. ft PaBenmpBlc, 7*. 189,.baBtern. Ma-s., 8^8, new. ...FItchbcrg KK., 68
do 78Kan. City Top. ft w^ 7s, 1st
do do 7b. iqc
Bid. Ask. BKOURITIBB.
115J<!:oo...
I
70 1
flarifoT-d & Erie 7s. new.. ..
KaT.fily i^f. Jo.ft-:. H. b. .
^ew Voik & New E g. is ..
'>i<denabiirg ft Lake uu.ss...Old Colony, 7a. ,
lo 6sOmaha ft S. Western, 8s ...
Pn»bIo ft Ark. Valley, 781 Kutland Ss.Ist mortiVeriQOD'. ft Canada, new 88..Vermont A Mn88. It K.,6s
I
' STOCKS.Atchl'on ft TopekaBoston ft .-AlbanyUoBton ft towel- -.
Boston ft MaineBoston ft ProvidenceBurlington ft .Mo. la Neb...Cheshire picf'^rredChic. Clinton Djb. ft MlnCm. Sandusky ft ulev .
ConcordCod nect lent Ulveri(.:onn. ft PassuinpsloEasterli (Mass.)
j Eastern fNew Hampshire)...[Fltchharg ....
Uaa. CltyTcr. t W.-Btern. .
I.Mancheater ft Lawrenc.i....
Old. Aak.
834(10554 106...
I94
'.043, 10578>< 8)
107T« 108H3»4
69X 70noH 110%
126
'42 I,';;
X78J4131 'l4140>a| 4114 ...
75llf« 117
Nashua ft LowellNew York ft New Knglaud...Norttiern ot New HampshireNorwich ft WorcesterOgdensu. ft L. Ctiamplaln ...
do pref..
Old Colony . • •
Portland Ssco ft Porlsmoutl.PuUn a P.ilsce CnrPueiiioftArk nsaaUutlar.d, preferredVermont ft Massachusetls .
Worcetler ft Nashua
PHII,ADEt.PHIA.BT.VTK AMD CITY BONDS.
Feana. 5s, g'd, iut.reg. or cp.
do 58, cur., rc,<
53.ncw.reg.,1332-iw;68,10-15, reg.,1-71- 82.
6s, lS-23, reg., 1382-'92.
6<,Ia. PlJne, rcg.,13;9
Philadelphia, 58 regdo 6s. Ola, reg ...
do 68,n., rg., prlurto'93do 6s,n.,rg., 895& over
Allegheny County Si.coup...
Allegheny City 78. rajPlttiDurg 43, coup., 1913
do 5s, reg. ft cp.,19H.
do 6a, gold, regdo 78, w't'r In,rg.ftc .
110 7a, itr.mip..rei.,'l3-46'
N. Jersey 6s. rcg. and coup.
.
do exempt, rg. ft coup.
Camden County 68, coupCamden City 63, coupon ....
do 78, reg. ft coupDelawore 68, covponUnrrlsburg City 6s, coupon .
RAILROAD STOCKS.
t
Cmdeu ft Atlantic...do do pref
C.itawl88ado pref.....
do new prei.^....
neiaware ft Uoual Brook....
East PennsylvaniaElmlra ft Wllliamsport.. . ._.
.
do do pref..
Uar P. M'. Joy ft Lan':aster
Huntingdon ft Broad Top..So do pref
Lehigh Valley...Little SchuylkillSdnehlllNesquchoning ValleyNorrlatownNorthern Paciflc
d'> pret
North PennsylvaniaPennsylvaniaPh'laielphlaft EriePnliidclphlaft Ke.ld ngPhllaaelphlaft TrentonPh'la.Wllining. ft Uaitl'nore
Flttsburg I'ltusv.ft Buff
St. Paul ft Da uth R.'!. Com.
.
do do p ef,
Unltel N. J. Comp:inleaWeat Chester couBol. praf....
WestJerBcyCANAL STOCKS.
Cheaipeakeft DelawareDelaware DivlalonLenigh Navigation.MoiriBdo pref
PennsylvaniaSchuylkill Navigation
do pref...
SuBQUch-.tnaa . . .-
RAILROAD BONUS.Allegheny Vai.,7 3-10s,18W
do 78, E. ext.,19Udo Inc. 7s, end.. '91
BelvldireDela. 1st m..6s,lW2rto 2d ra. 68. '81.
do 3d m. 68, '17.
Camden ftAmboy 6s,coup,'8S
do 63, coup., 'S!
Jo mort. 6s, '89. .
.
Cam.* Atl. latin 7b, g., 1913
do 21m., 78, cur., 18i9
Cam. ft Burlington Co. «B,'»i
Catawiasa lat, .8. conv., 'a2.
.
do chat, m., 10s, '88 .
do new78 19H)
Connectlne 63, 190O-;9O«
Chartlara Val.,l8tui.73,C.,l80.
Delaware mort., 6a, various.
.
Del. ft Bound Br.,18t,7s.l90£
East Penn. let ino: t. is, '88
El.ft W'uisport, l>t m.,78,'o0
do 58, perpHanlBburg let mjr' 63, '81.
H. ft B. r. 1st m. "8, g jld, '90
do Sd m.78, gold, '95
do 3d m. cons. 7s, '95*
Ithacaft Athens Isl g d, ;s.,'5
)unclloulitmori.6 , 82
do 2J mort. 6s. 19 « ..
I . Sup. 4 MISS., 18' m., 7 ,g.'
Lehiiih Valley, 181.6', cp.. 1886
do do reg.,189).
do 31 m.,'6, reg., 1910
do con. m., 6.-,rrf.,I923
do do r.s, p.,ia.3
Little Schuylkill, Ist m.7<.'-'^
North. Penn. 1st in. 6*, cp., 85.
do 2ira. is.cp.. 96.
do gen. m.7s, cp.,lH03
do gen. m.78, reg., 190^
on Creek ist m. 78, coup.,'8i.
rltUb. Tlluav. ft B., 73, op. ,'96
do scrip
Pa.&N.Y.C.ft RR.78, 89) ..
Pennsylv., Istm., 6B,cp., 80..
do gen. m. 68, cp.. 1910
do gen. in 68, ig.,19iu.
do cons, ui 6 , rg., 1905
cons. m. 68. cp., 1905. .„_Navy Vard6B, rg,'il:..,,
. _ ... J ,61. regPerklomeu 1st m.6i, coup.,'</Phlla.ftKrle lat m.6s, cp.,'81
do 2d m 7s, rp.'SSPhlla.ft Read, lat m.6s, '43-'44
93
19«65lOOX
81
«
68H15'«iio;J
117
1101U2
264:
"3
3644>^60)460lom
'S?i393714
IbM.
"in7
27.(4
139
1-H16)452180
6E0TJEITIKS.
1195t
4045W10;403i
104100104109112
116>i . .
102 102},oiH'...r
6,'-s
36J,4551eojt102.iiJi364037X915X
28!.
140
1'^1756
Phil.* K. con8.'n.«s,!r.l.l91i »do conv. 78, 1S93' 69>ido 78, coop, off , '9:1 61(O C.&I.deb. ia.yjdo ceb. 78. rps.ocdo mort., 7s, lSli'2-:l
Phll3.Wllm.ftB.lt. 68. '84 ..
PItta.Cln.ftSt. L. 7s,cou.,IS0;. ICSJsShamokin V.& Pott8y.78, 1901 —Steubenv. 4 Ind. 1st, 68, 18S4. 102HStony Creek Ipr. m. Is .9JT...Suiib. Hfz.-ft W.,l8t m.,53,*2)Sunbury ft Erie lat m. 7s, '97.
Texas ft rac. Ut m ,6s, g..I9CS OSdo cons m..6?,g.,190j 60CO Inc.ft I. gr ,7s 19:5
Unlon&Tliusv. Ist m. 78. '9C'. ..-
United N.. I. cone. m. 68, '91
Warren ft K. lat in.;s,'9< 80West Chester cous. 78, '9i 114West Jersey 6s, deb., coup. ,'83 90
do :st m. 68, cp., '96. 1' "iHdo lEtm.7B,'9) ilo:>%
WeaternPenn. KK. 6s,-p.:899i U>>hdo 68 P. I).,'96.| 99)4
CANAL BOKDS. 1
Che8a'>. ft Dela Isl 68, rg..'8(:
Delaware Dtvlslou 6s, cp.,'*8.Lehigh Navlga m.,6'», reg.,'84
do more. RR., rg.,'9:do m. CO v. g., r> g..'i*i
do mort. gold, '»7
do cous. in. 78, rg., 1911Morris, boat loan, reg., 1885..
Pennsylvania 68, coup., '.910.
.
Schaylk. Nav.lst m.ss.rg ,'97.
do 2d m. 68. reg., VM)'i
do 68, boai&car.rg.,11;Sdi 7b, boatftcar.ig..l9 .*:
Susquehanna 68, coup.. .9.8 .*
BALTIMORE.Maryland 6b, d--!ease, J .& J .
.
do 68, exempt, 1S87 ...
do 6--, 1890, quarterly..do OS, quarterly
BaHlinore 63. .S8i quarterly.do 68, ;866, J.ftJdo 68, 189J, quarterly. .
.
do 68, park,1890,H.—M.do 6s, 1893, .«.& S ....
do 6s.cxenipt,*^3,M.4Sdo 1900,J.ftJdo 1902,J.ftJ
Norfolk water, 88
I05?<100)^9498
l('9!i112>,lOJ1001'8109114Si114113It's
115115117
RAILROAD STOCKS. Par.Bait. 4 Ohio 1*1 90
do Wash. Branch. IUOI140do Parkerab'g Br..SO 3
Northern Central 60Western Maryland 5(i
Central Ohio SOPittsburg ft ConnellBvllle..SC
RAILROAD BINDS.Bait, ft Ohio 68, 1880, J. ftJ
do 6s, 1885, A.ftl>N. W. Va. Sd in.,guar.,'85,JftJ
1 105Plttsb.ft Connellsv.'.8,'98,JtJ;io6:Northern Central 68, '85, JftJ . io7'
do 6s,19(X), A.,t(). Iioiido 68,gld,19ai, J.&J.;iiii'
Cen.Ohlo68,l8tm.,'90,M.4S 105W. Md.6B.lBtm.,gr.,'80.J.ftJ- nodo lat m., 1890, J.ftJ. . |lij3
do 2d m., guar., J.ftJ— 'nodo 21m. .pref ; 92do 2d m.4!r.by W.Co.J4J|'o7
1««
275
1 102108
55
'if*
37
87
ICO
100ma
106X
96X76
7295
747550
110115114105110IIJ
114X115117118110116120
94150
S20
112M 113
'so^!'.".'
114I
103 ;
107108107108 S<
108108 ilb3
do 68. Id in., guar., J. ft JMar. 4 Cln. 7s, '92, F. ft A ...
do 2d, M.ft Ndo 83, 3d, J.ftJ
Union RR. lBt,guar.,J.ft J.
do Can.on endorsed.
HieCBLLANEOCS.Baltimore Gas certlllcateB...People'B Gas
CINCINNATI.Cincinnati 6s 1
do 7b I
do TSOs 1
do Bouth. KR. 7-30B.fdo do 68, gold 1
Hamilton Co., o., 68. long...tao 78, 110 5yra..ldo 7ftT308,long.1
CIn.ft Cov. Bridge et'k, pref.Cln. Ham. 4 D. 1st m. 18, ISO t
lo.imii
1:1
35
116
Pe
dodo
112115118iotVi;!ic4j^
103>i| ...
I
109 (if'gul
113 113^1USJtl....
i82
25 I....
119 1123lOl^i 103112113 I ...
H)5)i 108lOi .106
do dJ '18-.4i'
do 2diu..78, p ,!:'
do duban., cp., '!fdo do cps. ot.
.
do scrip, 181.*.
do In. ID 7b, cp,18S6
do cona. m. ib. cp..l91 !..
do C0D8. m. 7B,rg.,i9'.l..
• Indefin*. J Per Hh*»re
77103«
lOlk
I'.'O
10 1«
107«107.*
120M2811!hi63109108
11288«.'6KI
14M!107HU'7«
9012H
100108HIU'M100«10010110s100lOOH
iiosx11151 106113
I94
J112
^^15
10013
112101
102110
uar...
'.7. t
4.1
wm8')
104101«too9510090tdi
10210016
106
160105«
do 2d m. 78, '85 11
100'
Cln. Ham. 4 Ind.~
CIn.ft Indiana )Btm.7sdo 2d m. 78,
Colum. 4 Xenla, lat m. ,d, .„'
Dayton 4 Mich. 1st m. 78. 'Sll
do 2dm.7B.'8<.tdo 3d m. 78, '881
Dayton ft West. Istm., 'el...-
do iBt m., 1905 1
do 1st m. 68, 190.
Ind. Cln. 4 Laf. let m. 78. ..
do (I.4C.) 18tm.78,'86tLittle Miami 68, '83 tJin. llaiu. ft Dayton stock.Columbus ft Xenla stockDayton ft Michigan stock..
.
do 8. p.c. Bt'k.gua'Little .Miami stock
I.O(JISVII.l.E.Louisville 7s 1 108
do 63, '82 to •87 1 99Wdo 6s,'97to'9l t 99)*do water 63, '8! 10 '89 t 99»do water stock 6b,'97.+ 99^^do wharf 68 1 yy^Ao spec'l tax6s of '89.t Dyw
Loul vllle Water 63. Co. 190:1 khvJell. M.ftLlBt in. (1«H) 3s,'8l1 ....
do 2d m., JB [112
do ist m., 7s, 1906... .1 mLoulBv.C.ftLex. iBi m.Ts.'DI* iu8Louis. ft Fr'k.,Loul8V. In,63,'8
Loutsv. ft Nashville -Leb Dr. tis, '86 t 101iBtm.Leb. l)r. Ex.,78,'80-S5.1 lOOLou. In. do 68, 'i3. .1 100
JeSerson Mad. ft Ind stock. Iu3^ST. LUCIS.
St. Louis 6s.lo.g t 105do water68.goId t 105
. do do do new.tlioej^do bridge aopr.,g. 63 1108!^do reii-'wal, gold, 6s.t -(t6Huo Bewer, g. 6a. "D.-i-S.tluxiH
St. LoulsCo. newparil,g.6i.+ 107)4do tur. 7a . t lOaji
+ And lntpre«*
BO103
108102
20
10(i«lOOlt''*'<100)4lOOS100>t105
i'2H112108'^lOOjJ
iri«1008lUOJii104
109
lll')6
MAT 3, 1870] TIIK CIIROMCLP. 449
QUOTATION'S OF STOCKS AND HoNDH IN NKVV YORK.IT. 8, Bonds and netitie RaUroiid Stockii nre (luoted on a prerioiin pui/r. Prifm rfprfiuint the ptr tent ratuf, wfinlettr tht par may t0.
NTATK HitNU<t.
RBCtTRITIKS.
.la, 1883.
'^^. I'^i^[
>••<. M'lalK. .t Kiifaiilii UK.>*.., A 111. £('lintt. KR
I
H<,.f l.-ilW
M<,.f KSltl
CI i«.i A.atiiSI
Ciller- II. .'«! I
('I1111.H r, atcis 1
Arkuii^.'L.* «^, funtlod7«, r.. Kock A ht. Scott IHK.
7«, .MCiiMi. * I.. Rook RR.I7a, U It 1'. II. .t N. K. RR.I^^. MMn. O. ,t U. R. RR...'7m. Arkiu)H.t.H Central RR.
Con ru'i-t lent—6st,t>ortji:t G»
7.4, ni'W7.4, cn<lor!U}(]
78, KuUlllllnolK-flj, coupon, 1878...
1?4747
7'
»)U)47XTiHiS
I1
1
idijiHI
inlOl
KKCUHITIiS.
4H»«
ii"....I
llttnolH- Wiir luanKentucky (UI,oulHtiinii -U.4
Il4, now0!4, new ttoutlnic dubt. .
.
7t<, rxMiltpnttarjrOh. luvcd8.<, (I
H.«, rto of 18788»,or 10107:4, cunN-)ll(llltt!(]
7s, itniiill
Mletil«ilti-«s. 187J«4, 188:1
7i<, IHIMMld'ourl-OH.rtue XMi or '83
Hs.duf IHse«?, dun 1HS7B^.iluc l-iS8
«4, (Ine IHSUor "00Asylum or Univ., due '03.
Kunilini,', I81M-95HKnnliml A 8t. .lo.. ISHB.
.
BM. Aik
l(MlOJ
.1)1
mino•M30
miidi105iiu1031«»!1"
los;105!no11'^ jiu1041^1
BctruiTtu.
103lOSt08
I if
MliU(iiirl-IIun.ftHt.Ju.,'fn'.lNew York-(l., Kolil, reK..'87n<, Holcl.eoui.., IKH7Iiu. loan, 1HS:I
0«, (1,1 IHIll
n«, do IHlia
»«, do imrjNorth ( :urun niv-(t>, oldJ&JBn.old. A.AltNo.Cur. KR.,.I. A.I
rto A.AOdo coup, off, J. A J.do coun. off, A.AO.
KundlnKUci, 1860do 1888,
Now tiundx, J. A Jdo A.iO
Clmthiini RRHpeciul tux , ehisH 1
do eluflfl 2do clusa 8
lOhlo-flu, 1881I «.. 18HB
Bid.
167
104lOi
84
1
11
104no
awn
SKairKrnKa.
Rhode iKliuid -.flu.eoiip.'Ki-OUouth (.'uroJIrui—fluJan, A.lulyApril A Delrundlnuiiel, IWVII,and Com.. IHMU, J. A J.
do I88U, A.AU.7llof ,1«HHNon-funrlHldu
|TifnneKt«4*o flu, oldt^*, new
,
Oh, new nerleiiVlrulnii-««. old(U 1.,.* IHJWI
I. odnt'.
. .-d couiHin
—
«H. eon«<,[.. -^,1 Mrleilflu, deferred
D. or Columbla-S-efia, tOU.8niallHenUtered 84
Bid.
Thj"
IfS
10101010ro
S4
|rS4I4
RAILROAD AND lfllK€ELIjANKOUN NTOCK» AND RONDS.Riillroad Stocks.
{AcUne orecioHHa qttoted.)
AllMiny A Su-ttiuchuiina—Hurl. ((Mlnr U«piil-» & No...niewn»cukc A. Ohio, lut prf.
<lo do 2(1 pref.(!hlcimo tV Alton, pref1>ubui|uo jt Sioux Citylliirloinl,ontc inlandI,oui>4Villc.t NushrilleN:tKhvilU> Chut. & 8t. Louis.Now J.Tj^i-y Southern\. Y. Klevittod. ex priv\. Y. Now Haven & Hartf.f>hh>^<t MNsiH-Hipi)! prefPittM. Ft. W. & Chic, apec'l.KensMOlacr A SHnitojrft8t. Louis Alton AT. H
(|(> do pref.Torre Iliuitc A. IndianapolisUnited N. J. UU. & Cunal .
.
miscollaiieouft St'keAdaniH Kxprcs.-*Amoriivm K.xprossUnited StJitcH ExpressWells, Kartto St CoQuicksilver
do prefAtlantic & IWiflc TelAmcrii-jui I>t.-*trict Tel<k»Id A Stock TolcBraph ....
Canton C'o., BaltimoreAraerU'Jin lk>alConsolidation ('oiU of Md..Cumberland Coal & Iron....Maryland CoalPennsylvania CoalSjtrliiff Mountain CoalMartp(«s:i l/d A Minintr C^..
do do pref.Ontario Silver MiningIlomestiike MinlncHtan(bird Cons. Crold MtnioKTuUman Palace Car.
Railroad Bonds.Stock I-Jxchantje Pi'ices.
Bofit. H. A Krie-lstmIst mort., guar
Bur.Ce<r,H.A North.-lst,5sMlnn.A^^t. L.. lst,7s.Kuar
Cheitap.A O.—Pur. m'y fundHd, piild, series B, int. def-flrf, currency, int. deferred
Cliica^ro A Alton—1st mort.IncomeHinkinff fundJoUet k CUicaso, 1st m. .
.
Louis'aAMo., 1st m., guarSt. L. Jjick. A Chic., Isl m.Miwi.Kiv.Bridge.l8t.s.f,6s tlOi
Chic. Bur.AQ.—Hp.c.lstml WH^
87as
•z
53'
15»
2M
16015
til
1393^
108^49
icio
37S3X
29
161
1981«1 !
Vi
9S«
50
14^13«
,
m"\
38»S5 4078.K 7!l
tlOl I03>ia«)4| ....
35X 3810
116104J^ 106
108
107«
Consol. mort., 7s54, sinkioK fund
Clilc. Rk. I.t !>.—«s, cp.,l»17tts, UI17, registeredKeok.,t DCS M., lat, g., 5s.
Central of N. J.—Ist m., '90.
1st consolidateddo ussenteU.
Convertibledo assented
Adjustment, 1«03I^hlKh.tW. B.,con.,p'd .
do assent'dAm. Dock A Impr. bonds.
do assentedChlc.Mll.A St.P.-lst.as.P.D
•il mort., 7 3-10, I". I)
Istm., 7s, tKOld, R. D. ..
Idt m., IaC. DlY :..
Utm., I. A MI«tm., I. A I>
trtm.H.,* I)
Ist m., C. A .VL
Con. sinking: fundlid morlKUtfelstni.,78, 1. A D. Ext...
Chic. A Northw.-8lnk. f'dInterest bondsConsol. b<mdsExtension bondsIst infirtKiMreCoilfH^n (Cold bondsRegistered iiold bonds .
.
Iowa Midland, 1st in., Hs.(salona A Cliiaigo, exten.Peninsula, 1st m.,conv...Chic. A Milwaukee, 1st ra.
Winona A St. P., Ist ni . ..
do '.2d mC. C. C. A Ind's-lst, 7s, s. t.
Consol. raortinijrcDel. I,ack. A West.-S!d m...^, convertibleM.)rtin<(e7s. 1B07Syr. nil ^h.-VN. Y.,l»t,7sMorris ,V Ksscx, 1st m
dododododo
2d mortb'nds, UKK)
conslruet'n7s of 1871
1st con., K'dDnI.A Ilud.Canul-lst m.,'84Ist mortitage, 1891
do extended
118>i
114J^ 115114 .115. 02 92M116.% 116;^105 il06
*,s^*»«
90 I 80>4z Olf.! 102J7B
I73J^M^ 54;<
6464 I ....
124100tnono.
m105
«111106
tlOO103110
118108108«1I2«
JKW"»1(«105*U6KlOfW-1001114102ioi«107100;104'x^in«85
»1()5
looji
124>i112no«
103J4
113n2X
106Mi
99100
-Ot>up.,7M,'94 U9H lUO99
I...
103Wi%\ ...
llOO97
*x....
106«
109
111
104 >,
115>.
l>el.,\(II.CanRcir. 7s. '94
Ut Pu. dlv., coup., 7s, 1917do reg., 7s. 1917 .
Albany ,<lt Susqucli.. 1st in.
do 2d m<irt.
.
flo 3(1 mort..do 1st con., guar 97 90
Rens.A Saratoga, 1st,coup ix— 1'.22
do 1st. reg. X ....1122nenv.AR.Orando-lst,HKX)x 91)i ..
Erle-lst mort.,'cxtended. . xll7 120:'.id mortgage, 7s. 1878Sd niorlvuge. 7s. 18834th iiu.itKiige. 7s, 18K0 ....
5th mortgage, 73. 1888 ....
7s, con..'., gold bonils, 1920.ex coup.,Sept. ,'79A prev
Long Dock bondsBuff N.Y.itK, 1st m., 1016N.Y.l,.K.AW.,n.'.Jd,con.,6s
do Ist.con., f, cp..7sdo '.2d,con..f.cp.,5s,0s
Han. A St. ,Tos.—Hs, conv.lll.Ccnt.-nub..tSlouxC.l8tDub. .t Sioux C ,2<ldlv..Cedar V. ,V Minn., Ist m.
Indlanap. Bl. A W.-lst m.'2d moitguge
Ijikc' Shore—Mich S. A N. Ind., s. f., 7s.Cleve. A Tol., sink. fund.
do new bonds.Cleve. P'vllle A Ash., old
do newBulT^ilo A FIrle, new bds...Buffaht ,^ State Line, 7s.
.
Kal'zoo A W. Pigeon, Ist.Det.Mon.itT.. Ist,7s,n90BLake Shore Div. bonds...
do cons, coup., latdo cons, reg., 1st..
do cons. coup.. 2d.do cons, reg., '2d .
.
Tjouisv.A Niush.—Con8.m..792d mort.. 7s. goldNashv. A Decatur, Ist, 7:
Marietta A Cln.—lst raoitIst mort., sterling
Metropollt'n Elev-lst.lHOHMich. Cent.-Cins., 7s, 19021st iu..>rt., 8s, 1(W2, s. f.
Equipment bondsMo.K.A T.—Cons.ass. 1904-62d mortgage. Inc., 1911...H. A Cent. Mo., 1st., 1800
New Jersev Soutn'n— Ist, 7sConsol.. t.s. 1903
N. Y. Central-63, 18836b, 1N876s, real estate6s, subscriptionN.Y.C.AHud, lstm.,cp.
do 1st m.. reg.Huds. R., 7s, 2(1 m., s.f.,'S5
Canada South,, 1st, int. gHarlem, 1st m., 7s, coup.
do Istm., 7s. reg
—
N. Y. Elevated-lst, 7s.li)0«Ohio A Miss.—Consol. s. f'dConsolidated2d conscdidated1st m.. Springfield div ...
.
Paclflc lUillroads-Contrnl Faciflc—Hold bds.San Joaquin Branch—Cal. A Oregon, 1stState Aid bondsLand grant bondsWestern Pacific bonds..
South. Pac. of Cal.—1st m.Unicm Pa<uflc—1st mort..Ijind granta, 7sSinking fundRegistered, 89
Pni'iflc RR. of Mo.—Ist m.2d mortgageIncome, 7s1st m., Carondelet Br, ..
South Pac. of Mo.—lst m.Kansas Pac— 1st m.,6s,'951st ni.,6s,'95,wlth cp.ctfs1st m., 6s, '9(1
do with coup. et,fs
1st ra., 7s, Leav. br., 96..do with couj>. ctfs
latm..7s,R.AI..O.I)'d.99do with coup, ctfs
l.st ni., 7s. land gr't, 'HO.
do with coup.ctfs'2d mort., '86
do with coup, ctfsInc. coup. No. 11 on lOlCInc. e(mp. No. 16 on 191HDen. Dlv. Tr. rec'ls ass.
Pennsylvania RR—Pltts.M.W.A Chic, 1st m.
do do <rd m..do do 3d m..
Clove.A Pitts., consol., s.frto 4th mort. ..
Col. Chic. A I. C, Ist con..t\ii do '2. 1 con .
.
do Tr'tCo.ctf8,1stconHome Wat. A Og.—Ctm. IstSt. I..,t Iron Mount'n-Ist m .
'2.1 mortgiufc |x 84Arkansas Br., Ist mort ..
Cairo A fr'ulton, 1st mort.
ICairo Ark. ,<& '1'., 1st luurt
;St.l,. K.C A N.-K. E.A U.,7sOmaha Dlv., Ist m(trt., 7sNorth Mlssiiurl, 1st m., 7s
St. I,. Alton .V 'f. H.-lst mI 2d mortgage, pref
do incomeI Belleville A So. III., IstmTol. Peo. A W.-lst m., E.D.
1st mortgage, W. DBurlington Dlv2.1 mortgiige. 1888Consul., 7s, 1910I'ur. C(»m. rec'pts, lst,E.D
do Ist.W.D.rto Bur. Div.
1st pref. inc. for 2<I mort1st inc. for consol
Tol.AWalmah.—Ist m., ext.Ist m., ext'd, ex couponIstm., St. L. dlv
-, do ox mat. coupI 2d mortgage
do ext'd. ex coupEquipment bonds ..
Consol. convertibledo ex coupon
at. Western. 1st m.. '88..
do do ex cpdo 2dra., '93...do do ex coup
Qulncy A Tol., 1st m.,'90.do do ex cp.
Illinois A So. la., 1st m ...
.
do Istm., ex coupWest. Un. Tel.—1000, coup1900, registered
i.NC<).MK noNns.Central of N. J.. 1908lH}li. A Wilkes B. C<ial, 1888St.L.l.M.AS..lst7s.pref.lnt.
, do 2d int.,63.accum'e
81Ji
114
IHIsccIIaneoa8 List,[Brukefn* QiwUUioris.)
CITIES.Albany, N. Y.— Os, long;Buffutu—Water, longIChiciigo—Os, long dates
7s, scfferuge1
7s, water
I
7s, river Improvement
—
i Cleveland—7b, long(Detroit—Water works, 78..jKllzabeth City—ShortILong
Hartford-6s, variousIndianapolis—7'308
! Long Island City,Newark City—7a, long
I Water, 7s, long'Oswego—78Poughkeepsle—WaterItochester—Water, 190S. .
.
Toledo-8s, water, 1894
Y'onkers—Water! i9(e '.'.'.'.'.'.
MH
lOOM
97J4
8097M
lie"
117J<I118J«
BAILROADS.Atchison A P. Peak—Os, gldBoat, A N. Y. Air-L-lst m.California Pac—78, gold
—
Cs, '2d mortgage, goldCent, of la.—1st m., 79, goldChic.AC41n.S0.— Ist m.j5.,7sChic A Eact. lll.-lst ra., 6s2d mortgage, inc., 7b
Chic. St. P.A M.-6S, g., newTiUnd grant, 6s, gold
Chic.A Southwest.—78, guarCin. Lafayette ,t Ch.— 1st mCin.A Spr.-lst. C.C.C.A1..7slstni.,g'dL.8. AM.8.,78
Col.A Hoek.V.—Ist,7s,30yr81st, 7s. 10 years2d. 7s, 20 years.
103
115Kb
U9Htll2
8450106
ionlOO),
2525
107Ji 108!<
it'^^^86
60 86
X iiii
tl07X8594tlOT90
90'
110»114
5828
105111
+105+110Ji+111
"4̂0102106+90tl06+111+101+111+llSJi+108noiH+110
107^
86
Dan. Urb. lil.A P.—1st, 78,g.Denver Pac—1st, 7s, Id. gr.^[Erie it Pittsburg—1st m., 7sCon. mortgage, 7s7s, equipment
Evansv. A Crawfordsv.—7s.Evansv. Hon. ,V Nashv.—7s.Evansv. T.H. AChic.-79, g.Mint A Pere .M.-8s, I'd gr'tGalv.Hous.A H.—7s. gld. '71
Gr'nd R.AInd.— lst,7s,l.g.gu1st, 7s, Id. gr., not guar. .
.
l.st, ex land grant, 7sC.nind River Val.—8s, 1st mI lous.A Gt.N,-l»t,7sjr.,ctf8
lllous. A Tex. C—Ist, 79, gld" Western DlT
W»ooConsol . bonds
lndlanaiK>}ls A St.I,.— 1st, 7sIndianap.,% Vine— 1st.78, grInternational (Tex.)— 1.st. 7sInt. II, A <it. Ni>.—Conv., 89Jaek,I,.,tS.-89, lst,"whlto"Ix>ng Island—1st mortgage.Montclalr A O.I..—l"t. Ts, n.N. .1. Midland—1st, 7s. gold.2d mcrt
N. Y. A Osw. Midl'd-l«t m.Receiver's certlf's, labor.
do other,Oswego A Rome—7s. mar.
.
100106107934955as3898Ji55978389
*^+09
I +9145BO10097
102'
5056
•as82}<104SO60
+10081
10."%989892«70908125
+10810620394133535M
108114106lllK112'^niM115lua6045109
106110116102>^115
lis'105113
11110052Bl8745
55.J1
86j«92102>i10610103SO65
96'
107'
60
95'
85
100fie
100lOBJi.SO
40 I
61445
87"!
IPeorluPekIn A J.—1st m...
' Ht.L.A8anE.-!Mm.,flai»AHtl raortgugo. clasli B
do class CSt.L.A S.E.-Cons., 7s, K..'94St.L.VandallaAT.U.-Tstm
2fl mortgage, gunrSand. Mans. A Newark—7fl..
.South Side (L. I.)-Ist mortSouth Minn.— 1st m., 7», '88,
1st mortgage. ?s (plnki,,..Tol. Can. 8.A Det.—1st. 7s, gUnion A I.i4jgansport—7s.Union Pac, 80. Br.—6s, gld.
Santliern SecnriUeii,{HrokfTx' (Junf'tiont.)
STATES.So.Carollna—t^on.. 6B(good)Reject e<l (best sort)
Texiut-ns, \m*i M.AS.7s, gold, 1*2-1910.. J.A J7s, gold, 1904 1.A JlOs, pension, 1894. . .J.A J
CITIES.Atlanta, Ga.—788sWater works
Augusta, Ga.—78, bonds
—
Charleston. 8. C—Stock, 6s.7s, V. L
Columbus, Ga.—7s, bondsMacon— Bonds, 7b'Memphis— Blinds, CBonds, A and BEndorsed M. AC. RR...Compromise
Mobile— Ss, coupons on...8s, coupons on6s, funded
Montgomery—New Ss
Nashvllle^es, oid ..........6s, new
New Orleans—Prem.. Ss. .
.
Consolidated, 68Railroad, 69
Norfolk—6SPeteraburg—688s
Richmond—OsSavannnah—78, old
7s, newWllm'ton,N,C.—fls.g., cp.on8s, gold, coup, on
RAILROADS.Ala.Achat.—Rec'rsctfs.vaFAtlantic A Gulf-Consol..
.
Consol., end. by Savan'bCent. Georgia—Cons, m., 78Stock
Charl'te Col.A A.—Cons., 7s2d mortgage. 7s
EastTenn. A Georgia—6s..B.Tenn.A Va.—Os.end.TennB. Tenn. Va. A Gtt.—1st. 78.Stock
Georgia RR.-786sStock
Greenville A Col.—78, Istm.78, guar
.Macon A Aug,—2d, endors.MeraphlsA CTia'ston- lst,7s2d, 7sStock
Memp, A I,it. Uock— 1st, 4s.Mississippi Cent.—1st m.,7s2d mort., ex c<mpons
Miss. A Tcnn.— Ist m., 8s, AIst mortgage, 88. B
Mobile A Ohio—Sterling, 89Sterling, ex cert., 698s, Interest2d mortgage. 8sNew 1st mortgageNew debentures
.V. O. it Jacks.-1st m.. Ss...Certlflfuite, '2*1 mort., 89...
Nashville Chat.A St. L.-7s.1st. Bs, Tenn. A Pac. Br...lst,69, McM,M,W,AAl.Br.
Norfolk A Petersb,-Ist, 8e.
1st mortgage. 7s2d mortgage. 89
Nort heast „ 8, C—1st m., 8s.
2d mortgage, 8sOrange A Alcx'a—lets, fls.
.
2ds,6«3<l8,8s ,
4th8,8sRlch.A Dan.—Ist consol,. 6sSouthw, Ga,—Conv,, 7b, '86,
StockS. Carolina RR.— Ist m., 78.
7b, 1902. non-enjolned ....
79, non m<»rtgBgeSavan'h A Char.— Lst m.. 78.
Cha'ston A Sav.. Os, end..West. Ala. -1st mort..8«...
2(1 mnrt.. Hs. g(inrPAST-DHE COUPONS.Tennesssee State coupons.
.1.
•2S 4a7048 4|kW 4487 4^100 IvU80 9^«8)i lOjMi%m 99-m .. .^66 • •-fc
87 9186 8a
85 flrSO «o>
+103 tos-+112 II&:tiw U&.+100 I«I4
98 10*105 lOT97 10*104 lOS55 «»
45 6055 7020 8520 as.25 35-31 S&10 w.10 IS18 25
4072 ei80 «t25 2S30 sa'24 2avm98 106106 liO
1^ ^^75 37
.^v*..... •*'
20 6»100 10230 4ano \m75 s»80 s&60 «9095 IMOS87 SI?*114 iu« '
South Carolina consol.Virginia coupons
do c<»n90l. coupons..
102 tO&86
380503775
301009911189raTi601279»vm100
HO998»t41ta&101>»»to8»8»TOISf»a»
II
10aMOtt>11096018444I2M8710683
4S110110
* Prices nominal.
184020
IMid6~8(t4TMe»1109»»(•tn
soIM
+ And accrued interest. X No l>rlce to-d.iy ; those are latest qvotattons made this we«k.
450 THE CHRONICLE. [Vol. XXVIIL
NEW YORK LOCAL SECURITIES.
Bank Stock List.
Capital. Surplusat latesidates, i
COHPAKTSS. DlvrBBNDS. Price.
Mark.'dthusC')are not Nat'l. PL,
Amount Period !«7. 1878. Last Paid. Bid. Aflk.
_ America* ion 3,000,000 1,324.100 J.&J. 8 8 Jan., '79. 4 126Am.Exebange 100 3,000,000 1,230.200 M.&N. 5« 6 May. '79. 3 103 104Bowery 100 2-0,000 188.5'JO I.& J. 12 11 '»u-. '79. 6BroadwayButchers'& Dr.
an 1,000,000 1,177.4 ).& J. 16 18 J«n., '73. 82-^ 800,000 88,400 J. 4 J. 8 Jan., .79. s
Central 100 2,000,000 i)a4.6lA> J. ft J. 8 7 •'""•i '79. 3ii 03 P8Chase Hill 300,000 i-H.200 115Chatbam «• 450,000 lee.ioo T.& J. 9 8 'sin , '79. 3Chemical ion 800,000 3,17«,400 =(l-m'ly LOO 1110 Mi'l'-. '79.18Cltliens' » 600.000 158,6)0 J.&J. HH 6 Jan., '79 3City 100
1001,000,000.000,000
1,405.000'!.531,20C
M.ftN.I.& J.
106
108
Vay. '70. 5Jan., '79. 4 121HCommerce ....
CoHtUental ... UK) 1.000,000 103,200 J.&J. Jan.. '76. 3 96Corn Exch*&e». 100 1,000.000 813.700 F.&A. 10 10 Feh.. '79. 5 132East River.... 25 250,000 61,100 I.& J. 8« «Vi Jan., '79. 3Ji
July, '78. 3llth Ward'.... 2h 100,000 7,000 I . *. JFifth KHI 150,000 3»,1'0 T. ft J. 10 H Jan., '79. 3Fifth Ayenue". lOO 100,000 163,100First 100 500,000 1,33a. IOC Q-J. 12 12 Api., '79. 5 400
100.to
3,^00,000800,000
865,500411,4(10
1.4 J.10
610
Jan., -79 3May, '79. SHA pi., '79. 8W
100FultonGallatin.... 50 1,000,000 648.400 .\.&0 7 7German Am.». IIMI 750,000 4a,^00 F.AA. Peh., '74. 3 rrn 7Hv;.-German Exch.« KK) 200,000 53,41)0 May. 6 5 May, '79. 5Germ aula* 1(K) 200,000 55,000 May. « May, '77. 6Greenwich*-.,. 25 200.000 20,800 M.&N. 7 6Grand Central' H.*) ICO.noOGrocers' 40 300,000 15,''00 J. ft J. 8 Jan., '77, 3Hanover 100 1,000,000 17-,40o I.ft J. 7 7 Jan , '79. 3!*Imp.* Traders'IrvingIsland City' ...
1(H) 1,.500,000 1,786,800 J. ft J. 14 14 Jan., '7». 7.-iO 600,000 11U,2)0 T.ftJ. 8 K Jan,, '79. 4ro 100,000 5,800 J.&J. 6« 3 Jan., '78. 3
Leather Manuf. KK) 600,000 425,1)00 I . ft J . I'i 11 .'rtn., "79. 4Manhattan' ."iO 2,050,000 1,017,500 F.&A 8 8 Feb., '79. 3HManuf. &Mer.' •m 100,000 1.0)0 I.ft J. July, '75. 3WMarine iOO 400,01)0 78.000 1 . 4 J
.
lai., '78. 5-Market 100 500,000 ?«.S,fiO0 J. A J. 7V« 7 Jan., '79. 3>iMechanics* 25 2,0:10,000 927 9D0 J . 4 J 9 8 Jan., '79. 4Mech. Asaoc'n. 50 600,000 71.800 Nl.ftN. 2^ 2 May, '79. 2Mech'lcs & Tr. 2\ 300,000 «3,«00 M.&N. 7i, Nov., '77. 8«Mercantile 1,000,000 203,700 \I &N 6 6 May, '79. 3Merchants'. -
.
50:2,000,000 B«4.70 1 J.&J.l^
>V4 J an., '79. 9iiMerchants' Ex. 50!l,0O0.0O0 219,100 J. 4 J. .(in., '79. aMetropolis-. . KKl 300,000 3-.,l01,' J.&J. Jan., '79. 8XMetropolitan .. 10(1 3,000,"00 745,41)0 J. 4 J. lU III Jan., '79. 4Murray Hill' .. 100
100100,000
1,000,00078,100f>i,2()0
12R
Jan., '79. 6Nov., '7S. 2«Nassau" M.&N. 6
Newl'crt 10(1 2,000,000 654,«00 J . 4 J
.
7M 7 .Ian., '79. 4 123}4». r.Couutv.. 10(1 200,000 19,80') I.* J. R 8 Jan., '79. 4N. Y. N. Exch. i(k; 800,01X1 70.200 F. 4 A. 8 8 Feb., '79. 4Ninth kk: 750,000 8S,40C J.&J. 3 Jan., '77. 3No. America'.. 7( 70i),O0Q 6S,ailO 1 . 4 J
.
« 75North River'. .K 240,000 78,20(] J. 4 J. JS'., '79. ?H
Jan , '79 4Oriental- 25 300.000 180,800 .1 . & J
.
11 10Pacllo' 5( 422.700 V 10,0 ji Q-F. 12 10 May, '79. 21<
100;2,000.00025 412,500
2'28,300'.31,00'i
.14 J
.
J . 4 ,1
.
Q •Jan., '79. 8Jan., '79. 3Ji
IJOPeople's*. 10 8
20 1.000,000lOOi l»\«00
141.100ni .
J. 4 J. a Jan, '79. 3
Inly, '74. 3",,Produce*....
Republic 100 1,500,00 S81.70C F.&A.s^
6 Feb., '79. 8100 .»00,<OC 1 14.70e F.& A. Aug. '77. 2J~Seventh ward. 100, SOO.OOi 00 10) I.& J. 3 8 July, '78. 3
Second 100 300,00r 70,(W J. 4 J. 10 9 Jan., '79. 4Wioe & Leather 100 bOO.OOC 2'il,60( J.4J. 10 10 Jhu., '79. 4
100 200.001 42.31 It J.&J 7 8 Jan., '79. 3Slate of N. t.
.
100 800,000 18j.i« M.<i N. 7 7 May, '78. 3>«ioo,i,coi',oo<: 83.80C J.4J. » 3 Jan., '78. 3
Tradesmen's... 40|],000."0( 219,51). 1 . & J
.
U 7« Jan., '79. S\450 1,200,000100 200,000
0(16,3093,400
M.4NI. & J.
88
108
May, '79. 4Jan., '79. 4West Side"
? The figures In this column are of date April 4, 1879, for the National banks, andof date Mch. 15, 18;9, tor the State banks.
Gas and City Railroad Stocks and Bondii.[Gas Quotations by George H. Prentiss, Broker, 24 Broad Street.]
Gas Covfanikb.
rSrooklyn Qas Light CoCitizens' Gas Co (Bklyn)
do «ertillcateBSarlemJersey City 4 HobokenManhattanlietropoUtan
do certllicatesMutual, N. Y
do bondsfVaasau, Brooklyn
do scripHew YorkPeople's (Brooklyn)
-do do bondsdo do certificates,
Central of New YorkWilliamsburg
do scripMetropolitan, BrooklynMunicipal
Par.
2620
l.COO502050100V r.
1001,000
25Va .
10010
1.000Var.6060
Var.100100
Amount.
2,000,0001,200,0003-^0,000
1,850 000750,000
4,000.0002,500,0001,000,0005,000,0091,000,0001,000,000700,000
4,000,0001,000,000,S25,0O0300,000486,000
1,000,0001,000,0001,000,0001,600,000
Period,
Var,Var.A.&OF.&A.J. 4 J.J.&J.M.&SNf.ftSQuar.F.& A.VarM.&N.-M.&N,I. & JM.&NJ. &J.F.& A,Quar.J.* J.M. &N
A Date.K *5 Jan., •793 Jiin., '79
8K Apl., '79
3 Keb '78
74 Jan., '71.
5 K'eh '795 Feb '79s^ Feb •Tu1^4 Apl. '79
3Hg Fob. '79
3 J;m.. '79
3M May, • 7,.
4 Way, '79
HH Jh).., '78
i>H3^ Ian, '798 Feb '79
2 Jan., •79
3^ Ian., '79
2^» Nov. •,b3 Feb. '79
Bid.
13S75OS40140ISO115100661007090x9g25907060758560110
14'3
80102601501851!22
102751017798101HO8««8070859565120
[Quotations by H. L. Gkast, Broker, 145 Broadway.]
Blatelcer Bt.it Fulionterriz—Hi.Ist mortgage
Broadwat/ dk Seventh .4oe—stk..iBt mortgage
Brooklyn City—stock1st mortgage
Uroadway (Srootli/n)—slock..
.
BrooUt/ii tk Hunter'^ i^—stock.ist mortgage bonds
Busfiwick Av. (/i'^ij!/n)—stock\Mntral Pk., y.i E. Hiver—eti.
. ConsoildHted mortgHgebon aDry Dock, K B. ct Ilattery—&i^.
. 1st mortgagf, cona'dBtghth 4pen««—stocklatmortsage
2d St. it Grand St />erry—stockiBt mortg,*ge
Central Oroxf! 'lown- stock. ...
iBt mortgageUoudton. West 9t.iiPav.F't/—BtkiBt mortgage
feconr^ Arennti—Block. ,
3d mortgage.Cons. Convez-tlJicExtenplon ....
ttxtltAnenue- stock18 1 moTtsrago
lAi'rd .dre^itfe—stock1st mortgage
I»f«liw-'A/rrt N(r««8—BtOCKl8t mortiTflre
1001,000KO
1,00010
1,000100100
1,000100100
1,000100
;00&c100
1,000100
1,000100
1,000100600100
1,0001.000;00&c,
IOO1,000100
1,000100
l.onn
900,000694,000
2,100,0001,500,0002,000,000800,000200,000•100,000800.000600,000
1,800,0001,200,000i,'.;oo.ooo
900.0001,000,000203,000748,000^38,000600,000200,000250,000600,000
1,199,500150.000
1,050,000200,000750,000415,000
2,000,000,000,000600,000i?50,000
J. & J. mJ. 4 J. 7Q-J. 2J.4D. 7Q-F. 8^<M.4N. 7Q-J. 3A.&O. 8J.&J. 7
J.&J. SJ.&D. 7Q-F. 2J.&D 7J . & .1
.
8J.&J. 7M.&N. 8A.&O. 7
M.&N. 7
J. 4 J. 7Q.-F. 2A.&O. 7M.&N. 7A.&O. 7.H.4N. 5J.&J. 7Q-F. 5J. 4 J. 7J 4 J. 4v*.*v. 7
*I
Jan., "im 10J'ly,19nn 85Apr, '79 60•lune, '84 100May, '79 130Nov., '80 102.«pr., '79,135Oct.. '76
1888
J»n!! "?9
Dac-.1902May, '79
Ju, e,'93 ]
Jan., ""9
Jan., '8J
May, '78
Apr., '93
Nov.ilMl
July, '94
Apr., '78
Apr ,'85
May, '88
Sept..^8:iMiiy. '77July, •BOFell., '79
luly,^90 IDFeb.,'79i 03\( .-. '9** 100
901008535908i02100100l:-10
105
95108030^57f)
7075
105118
209065lOi140110150100102904205ri8
105
iVd13711840100208882X90757585
115125100lOD103
•I'liU column shows last dividend on atooka, but the date of maturity of bonda.
Insurance Stock List.
[(^notations by E. s. Bailsy. broker.7 Pine itreet.]
COMPAHIKS.
Adriatic/EtnaAmericanAmerican Excb4mllyAtlanticBoweryIJroalwayBrooklynCitizens'. ... .
Olty..
•25
10050100100602626172070
Clinton 100Columbia,('oramerce FireCommercial ...
Continental.,..BagleEmpire City....KxcMangeFarrsgutFiremen's .....
Firemen's FundFiremen^Frankllr.&EmpGernian-Amer.GermaniaGlobeGreenwichGuardianHamiltonHanoverHoflWianHomeHopeHowardImporter8*& T.Irving.lefi'crsonKings Co.(Bkn)KnickerbockerLalayette(Bkn)Lamar,LenoxLongl8l.(Bkn.)LorlTlardManur.& BuildManhattanMech.&Trad'rsM«cli'ics'(Bkn)Mercantile.Merchants^Montauk (Bk)i)Nassau (Bklyn)NationalN.Y. EquitableNew York FireN. y. & BostotNew York cityNiagaraNorth Elver....PacificI'aikPeter Cooper..
.
People's 50Phenix (Bklyn, 50Produce Exch. 100
Capital.
Par Amount
301006010040100SO60171010100100605025100186050100265050100SO204060100255025100100255050505050371^85100100100502525100
Kellef.RepublicKidgewood
—
Rutgers'SafeguardSt. Nicholas...StandardStarSterlingStuyveSantTradesmen's...United States..Westchester..Wllliamab'g C
.
NetFurplus,Jan. 1,1879."
200,000200,000400,000200,000200,000200,000300,000200,000153.000300,000210,000260,000300,000200,000200,000
1,000,000800,000200,000200.010200.000204,000150,000150,000200,000
1,000,000500,000200,000200.000200,000150,000600,000200,000
3,000,000I'O.OOO600,000200,000200,000200,010150,000280,000160,000200,000150,000200,000300,000200,000250,000200,000150,000200,000200,000200,000200,000200,000210,000200,000200,000800,000500,000350,000200,000200 000150,000150,000000,000'200,000200,000800,0002(10,000200,000200.0(0200,000200,000300,000200,000200,000300,000250,000300,(00250,000
DlVIOKNCS.
1878. 1877 1878. Last I'aid,
7,10721
t494,54869,2511,44V
87,.545410,68703,641
203,(141603,71-9 „„178.380 20160,018,2011,128110
10170,523 25
1.038,4231 11-45
514.353 30102,001 14121,604 20161 .067 1 1685,825 15
llO
88,618 12180,330(...-815,040 10754,424127,116341,80185,343124,537685,89978,847
l,363.4f916,909
206,609111,92832,968
t314,003190,90127,884
lr6,5.7118,4735f>,005
281,94271,811
202,281241,421281,6:i7186,^6951,388
200,979114,189174,0hl124.3113)24,262160,00524,57155,081
455,012112,717426,13210 (,562200,474108,104731,322
59,44034,87371,994
205,201103,896
89,020175 Oil171,318 --
49,231110144,517 20181,302231,331175,619450,317
1010123020202020S%1010132515«10115615
101515104102020202017«18552612-6020141515121012
io30204010•20
1010101012121310201020101020101220802010201820142017
lb"12112020201820
1?«10122016101285I7>^10!620181020
S8«)410N'n102020202010-7212N'neN'ne!818 402010101510N'ne11
16"221080
K«10
101010101010205161010181012IS202010181220102014N'neN'ne111030!2201215'ne
1051020169
6-23
12«101410121020
July,July.-Ian .
,1an..
Ion..JulyDec.F-b..-lai..
)-n.,Feb.Ian..July.Ja'^.,
'an.,Jan.,Apl.,•an,.Feb.,Jan.,Ian,,Inly,Jaj„
Jan.,Jan..Ian..Ian,,iaa..Jan.l-n.,
Jan..Jan.,Tan.,Ja'j.,Jan.,Jan.,?ept.Ian.,lau ,
la ).,
Jan.,Jan..Jan.,Jan.,Jan.,Jan.,.Ian.,.Ian.,
Jan...ian.,
.Iaa.,
,)an..-laii.,
Ja..Ftb.
78. 5
79. 77«. 6•7-r 4
'7s; 578.10•79.10•79.10'79.10•79. 5•79. 6'77. 5'77. 5•79.10•79.6-83•79.10•79. 5•79. 5•79. 7«'7^ 5
Priob.
Bid. Ask
•77.•79.
•79.'
•79.•79.•79.
•79.'79.
•79. 5•79 6•79. 5•78. Shi•79 5•79. 6•7h. 5'78 6'79.10•79. 6•79 8•79. 5•79 5•79. 8•79. 5'79. 8'70. 5'79.10'79.10'TV. 5•79. 8•79. 5•79.10•78. 5'70.10'79. 7
Jan.,Jan..Apl.,.Ian.,
Jan.,Ian..Jan.,.ia:>.,
.l»u.,
Ja-i.,
.Inn.,
,Tan.,Jan.,'a 1.,
Fe 1.,
.lau ,
Jan.,Aug.Ja .,
Jan.,.la '.,
Feb.,Jan.,
'79. 6•79. 8•79. 4•79.10•79. 6•7910•79. 8•79 8•77. an•79. 6•79. 5•79. 5•79 10•79 8•79 8•79.6-23•79. 6'78. 8'79. 5'79. 5'79. 6'7W. 6'79.10
1359360
i95'
200ISO180!151205070186170200105105123100601051001851761072706013015r.
85i'2a
80102100
51301807514010080145to
1121(^0
18680140no166105190
'60
66114no23510819011012085807095
i05781S310985
105135105198
73
100
75208210
125
58
140176
140ISO
75140
92}<125
10510580
9015387«
85
i70
13085
120126
'90
75
iTO11380128
Ills'
135no
• Over all liabilities, including re-insurance, capital and Ecrlp. t lucluaive ofscrip.
Oltr Securities.
[Quotations by DAinii. A. Uoran, Broker, 10 -Wall Street.]
y,w York:Water stock 1841-«8.
do 1854-57.
Croton water stock.. 18^15-51.
do do ..135-i.«0.
Croton Aqned'ctatock.1865.do pipes and mains...io repervoir bonds
Central Paik bonds. .1858-57.
do uo . . 1853-65.
Dock bonds 1870.
do r-75.
Market stock 18(i.')-68.
Imprivementatock 1869
do CO ....1649.Consolidated bonds var.Street Imp. stock var.
do do var.New ConsolidatedWestchester County
INTKREST.
7
Mouths Paytlble.
Feb., May Aug.& Nov.do dodo dodo dodo do
May & November.Feb.,MaT, Aug.& Nov.
do dodo do
May & November.
May & Novdiber.do dodo dodo dodo dodo do
January & July,do do
Bondsdue.
1878-18801878-1879
18901883-1S9018,84-19111884-1 HOO1007-19111878-18981877-1896
19011898
1894-189718,89
1879-189019011888
1879-188218981894
100100102103104110107101100118107118105102111102>i102111106
102102103106lOS119109ia<:oi119109118106114113lOS106113107
[Quotations by N. T. Bksbb, Jr., Broker. 1 Now St.]
^ooAii^n— Local iuipr'em'L-7 Ja inary & July,
Uo io101 103
do 7 1881-1893 102 111P.irk bonds 7
7do Jodo do
1915-19241903
12l«now;
124122
Brl>l)?ebond8 7 do do 1915 i!;o 1236 do do 1902-1905 111 lis6 do do 1881-1895 104 J(i9
Kings Co. bonds 7 May 4 November.An do
1880-1883 103 1086 188U-1885 102 108
January A July,do do
1924 .1111907-1010 111
114113
•All BrooKlyn bonds Hat.
[Qnotatioas by 0. Zabriskik, 4: Montgomery fel., jersey City.]
.1869-71
Jtrticy Ciifr—Walel loan, long.
doSewerage bonds. .
,
Asseasment bonds. ..1870-71.
Improvement bondsBergen bonds 18R8-(i9.
January 4 July.January ft Ju(y.do do
Jan., May, .Inlv A Nov.J. 4 J. and J 4 D.January and Julv-
18951899 19031M78-18791878-1879189', 941800
8710297879787
101104IOO10100100
Mat 8, 1879.1 THE CHRONICLK 451
JutJtstmcntsAND
STATE. CITY AND CORPOBATION FINANCES.
The iNTBafTORs' SuppLKifBifT is pabliHhed on the lant SatnrdAyof each month, and furninhed to all rn^ular subscribers of the
Cheosiclb. No dingle copies of the Hupplrmbnt are sold at the
office, as only a mifflcient number in printed to Hupply regularHubscribiTN. One number of the Hdppi.kment, however, \» boundup with Tub Kinancul Ubvikw (Annual), and can be purchasedin that shape.
ANNUAL REPORTS.
Honthern MInnpsoti.
{For the year ending Dee. 81, 1878.)
The annual repoi't has the following: The earnings andexpenses were
—
KARKINOB.From—Tiileftraph $4,204MUcellaneouB Dources.. 6,332
lit, and the last section, 20^ milm, on December 2d, 1878; it i«
operated as part of onr line and its earnings and eipensea jtr*
included in our reports." In view of the present low cost of constmoUon and of th*
advantages to tie gained by eitension, it is earnestly recom>mended that the road be completed to the western boundary ofthe State during the year 1870.."
FU)ATI5a A88ETB AXD LIABIUTIEfl.
Floating Aueti: 1877. 1H7H.Duo fruiii iitlicr I'UiiipHiitrii; Uclcrt nnil car mllOHKr lial $022 tfM,i>ttnKiiriillN'tvd frrlKlit iitrniinta; Htatinn balnncpx, Ao. tJO&S 0,717.MI.ii'clliiiiiMMiH iu'tM>iinl»; l'.<).l)<-i>t., Am. Ex. Co., Ao 4,6M 10,683Ciiiiltitl Ht(i<'k M. M. K.U. KxteiiMluu Co S.'i.OOOHupiilicR ami materlaU on baud 41,793ppllei
snoo
From—HrolKlit traffic $^»97.9t3riisMftiKor triifllo 1 15,0»0Kxi.rcnH 11,310M»iU 8,138 $643,030
OrERATINO EXrBNSKg (INCLUDDiO REMRWAL8, IMPROVEMSKTS AKD TAXES)
For-.Salarlcs $23,1.50GiMUTiil cxiicngcs 13,06!)Claims and dami^ccs 2,12.*{
Staliinnxpi'iisos 2.5,732Train cxjhmikch 83,H11Mainlrnanci'M mach'ry 19,623Matntrnancc of cars 22,518
And tlin ni-t t'aruingH have been
For—Molntcnance of woy $104,888Maintcuuni'C of biiild'gs 0,132Maliitcnauce of fences . . 5,016Taxes 19,291Telegraph 3,516
27.37 ff
Casbonbaud 3S,3I9 33,21 1»
Total $87,430 $122,053rioallng Liabllitieii:
IHic to other co's; ticket and car mileage balnn'i, Ac $4.14t $fi.603Due to employes, (Dei^ember pay-rollR) 16,574 14,39.5Due for supplies, &c.; current vouchers 14,327 11,71.5MIsccUanMms account* 0,8.55 12,722Taxes, (3 per cent gnWB earnings) 20,611 19,201Balonce 21,019 58,324
t331,884311,152
Operating expenses, including taxes, were 51"61 per cent ofthe gross eamines; exclusive of taxes, 48*61 per cent.
The cost of all improvements and additions to the property(except right of way) has been included in operating expenses.in addition to operating expenses, the following payments havebeen made:ForriRhtof way(4ienille8) $2.5,55For depot ;;round8 at Grand Crossing 3.043For reorganization expenses 3,029For interest on Pink bonds 15,755For interest on construction bonds 233,240For interest on deferred interest certificates 8,163Fof interest on extension bonds 8,960
Total $87,430 $122,05»
Morris & Essex.
(For the year ending December 81, 1878.)
This road is leased to the Delaware Lackawanna & Western.Company. The following flgares are from the report to theComptroller of New Jersey.The only change in the stock and debt at the close of the last
two years was an increase of f177,000 of bonds in 1878.
1878. 1877.Stock $1.5,000,000 $15,000,000Fuudeddebt 19,923,000 19.746,flOO
Total $34,923,000Less sundry assets 925,044
Balance •"-.... $33,997,9.55Cost of road 17,710,790Equipment 12,144,240Ilobokcu docks, etc 3,429,839Canal at Hoboken 713,085
Total $274,746And there remains cash on hand $33,219" The payment of $3,043 'for depot grounds at Grand Cross-
ing' was in settlement of a judgment recovered against thereceiver for property taken by the company at the time its roadwas constructed. As compared with the year 1877, gross earn-ings have decreased $44,026, operating expenses have decreased$58,912, and net earnings have increased #14,886. The businessof the first six months of 1878 and the abundant harvest thenin prospect gave promise of veiy large earnings for the year,but this expectation was defeated by the alternation ofextremely wet and hot weather which occurred when the cropwas ripening, and which everywhere greatly damaged and insome localities entirely mined it.
" On account of the short crop, it was found neces-sary topostpone making many desirable improvements, tending toeconomy in operation, which were contemplated early in theseason ; but the condition of the road-bed, bridges and rollingstock has been fully maintained, and is as good as at any time inthe history of the road.
_" It has long been conceded by those familiar with the situa-
tion that this road should be extended to the western boundaryof the State as soon as po.ssible, in order to provide by new busi-ness against increasing competition and to prevent, by occupyingthe territory belonging to it, the present line from being sur-rounded and localized Owing to various circumstances it hasbeen impracticable to take active measures in this direction untilthe past year, when the Southern Minnesota Railway ExtensionCompany was fonned for this purpose. This organization wasmade, by the advice of counsel, under the genersd laws of Min-nesota,, with a capital stock of 1,500 shares of $100 each ; andwhile it is in law a distinct corporation, yet it Ls owned and con-trolled by your company. The Legislature of the State hasgranted to the Extension Company, on certain conditions, allthe lands appertaining to the uncam2)leted portion of the South-em Minnesota Kailroad, consisting of about 40,000 acres inMartin and Jackson Counties and 139,000 acres in Rock, Murrayand Pipestone Counties, and they are among the best farminglands in the State. The Extension Company has executed amortgage for $1,200,000 to Messi-s. Henry C. Kingsley, of NewHaven, and Henry G. de Forest, of New York, as trustees, cov-ering its franchises and property, other than land-grant lands,from Winnebago City to the west line of the State ; and hasissued 1st mortgage 7 per cent bonds at the rate of $9,000 permile for each mile of completed road. At a meeting of thestockholders held on the 27th day of August, this Companyagreed to guarantee and endorse these bonds and to subscribefor the capital stock of the Extension Company. The subscrip-tion has been made and bonds to the amount of $387,000 havethus far been issued. Forty-three and one-quarter miles ofrailroad and telegraph line, extending from Winnebago City toJaekson, have been constructed by the Extension Company dur-ing the past year.
The first section, 17 miles, was opened for traffic on July
Total cost $33,997,9.55
The earnings for the two years were as follows :
1878.Passengers $800,402Merebandise 639,135Coal 1,076,449Othersources 194,129
$34,746,000950,490
$33,795,.50917,551,08312,140,.5933,429,839673,994
$33,795,50*
1877.$770,49*643,902
1,729,436-224,608
$3,368,4412,145,933
Total $2,710,116Expenses 1,927,788
Neteamings $782,328 $1,222,50T
The rental paid by the Delaware Lackawanna & Western is
interest on the bonds and 7 per cent on the stock, which wonldmake a net loss of about $1,650,000 to the lessee.
Delaware & Bound Brook.
(For tJie year ending Dee. 31, 1878.)
The following statements are from the report to the Comp-troller of New Jersey.The stock and debt at the close of the last two years were ae
follows
:
1878. 1877.Stock $1,514,000 $1,514,000Bonded debt 1,500,000 1,500,000Floating debt 279,620 259,033
Total $3,293,620 $3,273,033Cost of road and equipment 3,136,534 2,998,046
The main line is all double track. The earnings and expenseafor the two years were as follows
:
1878. 1877.Passengers $137,290 $122,438-Freight 132,133 115,138'Other sources 1,145 889
Total $270,570 $238,466-Expenses 151,547 171,422
<»)»*
Neteamings $119,022 $67,044
Cairo & St. Lonis Railroad.
{For the year ending December 81, 1878.)
The receiver, Mr. H. W. Smithers, has submitted his reportfor last year. He says: " It will be seen from these accounts thatfor the entire period of the receiyership [from Dec. 6,'1877] thedeficiency from the operation of the road ha.s amounted to a/
total sum of $12,989. This deficiency has arisen entirely fromthe necessity for extensive renewals and the heavy burden ofextraordinary expenses for rental of property not owned by thecompany.
" During this present year the receiver has been authorized byyour Honorable Court to borrow a sum of $25,000 up-n receivers
certificates. This has been rendered necessary, inasmuch as therenewals since the road pa.ssed into the custody of the Courthave largely exceeded, and will, for some time to come, exceed,
a normal average. It may also become necessary for the under-signed to submit for the approval of the Court a proposition
for authority to issue further amounts of certificates, to enablehim to acquire equipment now leased, and to pay for the depotgrounds at Ea*t St. LouLs, and for other pui'poses of a purelycapital nature, to which reference will be found in the report ofMr. Johnson. Suits are being prosecuted for the recovery oflocal aid bonds promised to the railroad company. These bondsare for a considerable sum, and, if their delivery shonld beenforced, they will be a very material assistance to the financial
452 THE CHRONICLE. [Vol. XXVlli.
F'osition of the undertaking. It will be seen that the sole causeor diminished earnings is the little movement in ccal. Should
the iron interests at Carondelet become more active, it may beexpected that this road will benefit considerably thereby. Thegeneral freight business of the road, apart from coal, has showna gradual and steady improvement."
STATEMENT OF REVENUE ACCOUNT FOR 12 jMOXTHS ENDING DEC. 31, 1878.
Dr.
To cxtrnorrtin.iry oxpcusos andotliiir expenditm-e.s for 13 nio]itli.s
To ordinary operating expensesifor 12 mouthB euding Uoc. 31, '78,viE.:Ooud'ng trausp'n—Passenger $1 1,.5.54
freight 2(i,197Motive iHiwer.. 49,721*Caiut'ce of way ««,917
•• " curs l.'j.OSOlOeneral cxpen*d 19,917
—
"rot.ordiu'yexp'8l2intli'8.$209,03<<To balance revenue aco'ut 2 1 .950
$231,889
ending Dee. 31, 1878, viz.:
Extr'uary exp'8,$25,047Taxes 498I'aym'ts on acc'tof C. & St. L.KR. Co., large-l.V for taxes pri-or to appoiut'ntof rceeivei-.-.. G,319— $31,865
To balance, being excess ofoiwrating anil oxt aor-diuiiry expenses andotber expenditures overearnings, for 12 niontbsending Dec. 31, 1878... 1,914
Or.
Uy earnings for 12 montlia, end-ing IJec. 31, 1878. v.z.:
Passenger $6:. 178Jt'rolgbt 121 ,723Coal 34.313Kxprejw 3,202Wail 7.141ivfjscellaueous 3,209
$231,889
By bal.ance, being excessof earnings over ordi-nary oi>eratiu.g expensesfor 12 niontlis endingDoc. 31,1878 $21,950
By balance to debit ofrevenue account (for-
ward) 9,914
$31,865
Atlantic & Paciflc Telegraph Company.
(For the year ending Die. 31, 1S78.)
The annual meeting of the stockholders of the Atlantic &Pacifio Telegraph Company was held this week. The report ofPresident Kckert showed that on December 31, 1878, theoompany had 223 offices, and 8,706 miles of pole line and 22,421miles of wire line. The contract under which the Atlantic &Pacific Company operated the line.3 and offices of the CentralPacific l?ailroa'd Company, under the name of the PacificDivision, expired during the year, and the property was subse-quently leased by the Western Union Telegraph Company,"fhe Vermont International Telegraph Company, and the lines
on the New York & Oswego Midland, the New Jersey Midlanda.nd the Montclair & G-reenwood Lake railroads are nowoperated in connection with the Western Union Company. The-Atlantic & Paciflc still continues as connections the lines of theBaltimore & Ohio Kailroad, the Dominion Telegraph Companyof Canada, the Grand Rapids & Indiana Kailroad, the DirectUnited States Cable Company and other minor companies.The business of lines comprising 2"0 miles -of poles and 2,709wiiles of wire has been put under the management of theWe.stern Union Company. In addition, 250 miles of poles and936 miles of wire have been taken down and ,53 offices have been«losed during the year, as the Western Union furnished facili-
ties sufficient for tlie transaction of all business over those lines.
There were 1,269.510 mes.sages, including press dispatches andmarket reports, transmitted by the company during the year.The receipts, disburaements and as.sets of the company for the
year were as follows:
^et'assets December 31, 1877 $78,045Kfccipts for the year 1878 1,287,243
Total $1,305,283Expenses for the year 1878 $838,939Dividend No. 1, paid September 30 105,000I>i vid(;nd No. 2. paid December 30 • 105,000Atlautie & Paclllc stock iiuotatiou jn'mtiug 18,309Atlantic & Paciflc Telegraph stock 57,727Construction 15,237•Cniglifs repeater 250— 1,135,463
"Net a.s.sets December 31, 1878 $229,821
The following Ls the balance sheet on December 31, 1878:
ASSETS.C*)nstniction $13Cine niateriiUfatcnts10,000 sbares Atlantic & Paciflc Telagrapli stock 1C290 slnircs Franklin Telegraph stock•4,,572 sbares Domestic Telegraph stockstock of otber telegraph conipauiesAtlantic & Pacific Telegraph stock.Cash on hand ".
I>uc fi-om sundry companies, persons and offices
,043,47814.287
232,479,000,000029,00035.28627,94352.72717,901
259,095
Total : $15,312,738
LI.VniLITIES.^IHipital stock $15,000,000Nelcarnmgs ,. 26.5,500J>uc to sundry companies, persona and offices .
.
47,171
Total $15,312,738
OENERAL INVESTMENT NEWS.
Alexandria & Frerlericljsburg.-The Virginia Court ofAppeals has affinned the decision of the Circuit Court ofAlexandria in the case of the Fredericksburg & Alexandria Rail-iToad Company vs. Graham. This case decides tliat the portionof the railroad bHween Alexandria and the Long Bridge atWashington is no': embiaced in the mortgage of the ."aidcompany, and henc> is liable for the payment of .some ?25.000of judgments obtain ?d by Me.ssrs. Marye & Fitzhugh for C. M."Bntxton, as contract )r, and the parties who worked with him.
It was decided that at the cate of the mortgage the company'scharter did not authorize it to acquire the s-aid road fromAlexandria to the Long Bridge; hence it was not intended to beembiaced in the " after acfiuired property " mentioned in .'aid
moj-tgage, the expression "after-acquired property" referringonly to such property as the company had the power toacquire at the date of the niortgaTC. This makes the judg-ments above mentioned good, being the first lien on this sectionof road.
Antliracito Coal Sale.—At the reguljir monthly auction saleof coal by the Delaware Lackawanna & Western kailroad Com-pany, on Wednesday, a further decline in prices was realized.The following table shows the prices received, compared withthe prices obtained at the la.st Lackawanna fale in March :
DeclineAv. price A v. price fi-om
Range ftf on amount last month MarchTons. Prices. sold. D. L. & W. sale.
5,000 Steamer $2 02 "a to $ $2 OVi^a $2 17>2 -1525,000 Grate 2 05 to 2 05 2 19% Vl^20,000 Egg 2 10 to 2 07^3 2 09:i4 2 1734 0840,000Stove 2 37 to 2 40 2 39 'a 2 SI?! 121410,000 Clie.stnut- . . 2 25 to 2 30 2 27H: 2 341-2 -07
The average price obtained on Wednesday on all the coalsold was §2 23 per ton, against S2 36 per ton at the March?ale.
Atlantic & (Jreat Western.—In London, April 30, an appli-cation was made to Vice-Chancellor Bacon for an injunction torestrain Sir G. Balfour, Mr. Charles Lewis and another personfrom carrying out a propc>sed lease of the Atlantic & GreatWestern Kailroad to the Erie Railway Company. The mainobjection to the lease was that it would interfere with thereconstruction now going on with respect to the Atlantic &Great Western Railroad. His Lordship said the matter was ofsome importance and rather out of the ordfcary course. Hethought that upon the affidavits which had been read no harmwould ))e done by his granting an injunction extending overTuesday next, the plaintiff, Mr. McHenry, undertaking to beanswerable in damages to the defendants."The London Times, in its financial article April 30, said: " The
Atlantic & Great Western mortgages and bonds were all
adversely affected by the proposals of those who are nowendeavoring to prevent the lease of the line to the Eriecompany. The creation of what may be called a pre-preferencedebt on a line not now paying its working expenses is lookedupon as purely chimerical."—Judge Tibballs, of the Court of Common Pleas at Cleve-
land, 0., has made an important order, in the ease against theAtlantic & Great Western Railway Company and othera, where-by the entire litigation between General J. H. Devereaux, thereceiver, and the United States Rolling Stock Company is takenfrom the courts. The contract of settlement is reported asfollows : The receiver sliall pay the Rolling Stock Companyon or before the 15th of May, 1879, $100,000 on account ofclaims. The receiver further agrees to paj' from and afterJai.uary 18, 1880, not less than §7,500 per month on certifi-
cates vvhich have been issued to the Rolling Stock Company.The Rolling Stock Comiiany, on its part, agrees to receivethe above sum in full settlement of the claims. The re-ceiver is authorized to borrow $100,000 at 8 per cent. Thewhole amount claimed by the Rolling Stock Company was$300,000.
Baltimore Sliort Line Railroail.-Messrs. John A. Hamble-ton & Co., of Baltimore, say in their circular of April 19th: " Thisroad extends from Belpre," Ohio, to the Marietta & CincinnatiRailroad—30 miles. Capital stock issued §1,243,400, of whichthe Baltimore & Ohio Railroad owns !t!l,241,700. Funded debt$750,000, of which the Baltimore & Ohio owns $504,000. Noreport is made of earnings or expenses. The Marietta & Cin-cinnati Railroad guarantees the principal, and interest at 7 percent on the bonds, and also guarantees an annual dividend of8 per cent on the stock. The Baltimore & Ohio Railroad, underthe order of the court appointing Mr. John King, Jr., receiver,
is to receive annually, on the stock and bonds held by it—asfollows: $1,241,700 stock of the Baltimore Short Line, 8 percent, $99,336 ; on the §504,000 bonds of the Baltimore ShortLine, 7 per cent, §35,280; and on the $747,350 stock of the Cin-cinnati & Baltimore Railroad, 8 per cent, $59,788, before theMarietta & Cincinnati bondholders, who have the first lien onthe road, receive one cent of interest on their bonds. It cer-
tainly seems very unjust that the Marietta & Cincinnati bond-holders, representing 300 miles of road and a funded debt of
. $13,000,000, should thus suffer, for the benefit of the holders of' the bonds and stocks of the Cincinnati & Baltimore and the
IBaltimore Short Line Railroad, representing 35 miles of roadand a total bond and stock debt of $3,740,850, of which theBaltimore & Ohio Railroad owns $2,493,050.
It will be seen that under the decree of the court, which spstrongly favors the Baltimore & Oliio Railroad, the holders ofMarietta & Cincinnati securities are virtually debarred fromparticipating in the earnings of the road until these later guar-antees are provided for. The singular part of it all is that this
guarantee of the stock and bonds of the Cincinnati & Balti-
more and Baltimore Short Line Railroads should be required ofthe Marietta & Cincinnati Railroad, itself in an insolventcondition, while the Baltimore & Ohio Railroad, which reapsthe greatest advantage, is left without any responsibilitj'. Thelarge amount t>f Marietta & Cincinnati securities held by peopleof all classes in Baltimore naturally makes them feel a deepinterest in the affairs of the road. The holdei-s of Marietta& Cincinnati bonds had based their confidence upon the fact
that it was a part of the great through lice of the Baltimore &
May 3, 1870.] THK CHRONICLE. 453
Ohio, whiiHi> rpportM r«T>r('Heiit hhoIi Hiipot»»Hful results, hikOi
larpo famines, and Hucn wnn(l<'rfiil artdifioiiH to Un Hiir}iliiM
fund, wpcrially as both road.i wimv virtually niana.'<p(l and(M>ntrolI(>d bv the sainc dinv'tors. It was thoiiffht that thoMarietta & ( 'iiKumiati road, l)eing a part of thifj great throughlino to the Wo.st, would liave Hharod in Homo of thn profitH.
The disappointment, when tlie dofaiilt took plaiic, wai severelyfelt. It i.s .strange that the Baltimore & Ohio road by the helpof the Marietta & Cincinnati road .should show such favorablercHultK on opi^ratiuna that bankrupted the Marietta & Cincin-nati Railroad."
Contral Rallroiiil of Iowa.—A meeting of first mortgageI)ondhulders of the Central Itailroad (!onipany of Iowa was heldat the olHce of the Kanners' Loan & Tru.st Company, on the24th inst. Among those presgnt were Russell Sage, V. D. Tap-
Fsn, James Biiel, .lohn J. (!rane, Frederick P. James, Rdwmarsons, Sumner R. Stone, N. A. Cowdrey, Frederick Leak,
James (jr. Johnson, Lennox Smith, and a repre.sentative ofIWorton, Bli.ss & Co. A committee was appointed—consisting ofMe.s.srs. Sage, Tappen and Parsons, of this City ; V. L. Ames,of Boston ; Henry A. Jones, of Portland, Maine ; L. A. Crozier,of Philadelphia, and Sidney Shepherd, of New Haven—toconfer with the New York & Bjston committees, and endeavorto arrive at an amicable adjustment of the conflicting interestsof the company's several classes of creditors. They were furtherauthorized and requested to "do any and all things which theydeem to be for the best interest*! of the bondholders."—Subsequently the committees agreed that the foUowing-
lUimed gentlemen should be submitted as a Board of Directorsto the United States Circuit Court at Des Moines, before whichtribunal the litigation against the road has been conducted :
D. V. Rogers, of Utica"; Isaac M. Cate, of Baltimore; A. L.Berdette, of Leominster, Mass. ; Charles Alexander, of Boston
;
G. B. Taintor, Rus,sell Sa^e, Kdmund Parsoas, F. D. Tappenand Jame,s Buel of New York ; Henry A. Jones, of Portland,Oregon ; and fteorge Bliss of New Y'ork.
Chicago Milwankee & St. Panl.—In the United StatesCourt at Milwaukee, Judge Druraraond rendered his decision inthe suit of Barnes vs. the Milwaukee & St. Paul Railway Com-pany, the suit, on the claims or theory of the plaintiff, repre-senting several millions of dollars. The technical decision wasthat the first plea is sustained and that the second plea is over-ruled, complamant having thirty days in which to flle replica-tion to the first plea. The actual gist of the decision, asreported by the Chicago Times, is that whatever bonds of theLa Crosse & Milwankee Railroad Company were not exchangedfor stock of the Milwaukee & Minnesota Railroad Company atthe time of the foreclosure of the Barnes mortgage on the oldLa Crosse & Milwaukee Railroad, in 1859, are protected by theBarnes mortgage under the decree of the Supreme C jurt, andmust now be paid by the Milwaukee & St. Paul Company. Anorder of reference will issue to take proof to see what bondswere not surrendered. The amount of bonds not surrendered is
believed to be small, so that the suit, by the decision, is robbedof its vast importance in the amount of money represented. Grand Trnnk of Cnnadfi.—A Chicago report says it is under-The decision also sustains the plea that the Milwaukee & Min- stood that the Grand Trunk Railway lias finally decided apoaneiiota Railway Company had been duly and legally organized ^"J
extension to that city, and the new road will be completedafter the foreclosure of the mortgages against the La Croase & within a very few months. The exteasion will start from Pon-Milwaukee Railroad Company. The decision is regarded as a ! ^^^^' Mich., the present terminus of the air-line branch of theTictory for the Milwaukee & St. Paul Railway Company.
f
Grand Trunk, and run to Lansing, a distance of 50 miles.Thence the line will be over the Peninsular or western branchof the Chicago & Lake Huron road to Valparaiso . From thispoint a road is to be constructed to Thornton, 111., 26 miles, wherea connection is made with the Chicago & Southern already ownedby the Grand Trunk, which reaches to Chicago. The Chicago& Southern has been reorganiied, and will be known as theChicago & State Line Railroad, and the charter for its extensionto Valparaiso has been obtained, and work will soon commence.
Jersey City.—The Jersey City Board of Finance, at theirmeeting Saturday night, concluded to issue ?100,000 of citybonds, which, it is stated, are to be purchased by a capitalist, atpar. With the proceeds of this sale, and $50,000 cash on hand,receipts for taxes and water rents, it is intended to meet theMay interest. Of the bond issue, $50,000 are to be water bonds,and the remainder to be improvement bonds. They ai-e to runfor 30 years, and draw interest at 6 per cent. No provision hasbeen made, so far, for the temporary loans of $350,000; exeei>tthat the holders will let them stand as call loans, the interestbeing paid. The salaries of city employes will probably remainunpaid for the present.
Court givi«s the lessor companr nnt.il the flr>t of Jaiiiary nextto make the adjustment and i:lassill(!ati(m of it<i bwded indebt-ediKWH, as stipulated in the amended l«am, and in defaaltthereof the complainant has leave on that day to more for ade(!ree rescinding the coninvit of lea-te, and for a Hettlement ofacconntfl upon such term< a< may be equitable. What were therightfl of mortgage bondholdern against the leswo cf)rp'>rAtl'mand against the Pennsylvania Railroad Company, lndep?nd«ntof the question of rmnsion, the Court mid wai not involved inthis ca-se, and no expression of opinir>M about it is made.With regard to thn tima when the accrued rental, aminntinff
now to more than $.'J,00(),000, should be paid by the le.^ioe, therewas no decisive expression of opinion, but, at the roquant atcounsel on both sides, Justice.Harlan announced that he wooUhear further argument on this point at Chicago on the secondof June next.—nie committee consisting of R. T. Wilson, Adrian helitt
and Wm. Whitowright have called a meeting of flr8t-mortg«gebondholders, to be held in New York, May 1.^, " for the pnrpoaeof uniting in such measures as under the recent desision ofJudge Harlan will be requisite for the due enforcement of therights of the bondholders against the Pennsylvania Railroad(Jompany under the lease now adjudged to be valid, incltidingsuch a scaling down of the first mortgage bonds as will beneces-sary to reduce the absolute mortgage indebtedness to |)15,-
821,000, bearing 7 per cent interest, and proposing to the Hoetsadmortgage bondholdera the exchange, under a fair and eqnitaUearrangement, of their bonds for income bonds now deposited intrust, or taking the nece.s.sary measures for cutting off the sec-ond-mortgage bonds by foreclosure, if they do not agree to ancharrangement."
Delaware & Ilndson Cunal.—A memorandum, dated April15, from the London agent of the Scottish-Ariierican InvestmentCompany, Limited, states :
" I am this day in receipt of a com-parative statement from the Secretary of the Delaware & Hud-son Canal Company, showing that the earnings and expen-ses ofthe railroads owned and leased by his company for the monthof February were as follows
:
Fel)., 1878.Gross Ciiniings S1271,75BEspouses 166,111
Foh., lfJ79..$:J20.181225,75.3
Net caraiiigg $103,643 $94,428
"Increase in gross eaming.s, .?48,425; decrea.se in net earnings*$11,217. For the same period the earnings and expenses of tlieAlbany & Susquehanna Railroad (included in the above) wereas follows
;
Feb., 1878. Feb.. 1879.Gross earnuigs iJWiO.OlO $!i3,«87Exi)ensc8 32,068 M,82S
Net earuiugs $27,651 $28,059•' Increase in gross earnings, $22,268; increase in net earnings.
Chicago & Paeinc—This railroad was sold at auction May 1,
in Chicago, by the Master in Chancery, to John H. Wrenn, for$916,100. It is said that the property is really bought for JohnI. Blair, Moses Taylor, and others, who propose to complete it
from Byron to Lanark, 32 miles.
C<)lnmbn» Chlca?© & Iniliana Central—PennsylvaniaRailroad.—The great railroad case of the Pittsburg Cincinnati& St. Louis Railroad Company against the Columbus Chicago &Indiana Central Railroad Company, which has been pending inthe United States Circuit Court for the District of Indiana smcelast Jul.r, has been decided by Justice Harlan. The case involvedthe validity and construction of the lease made by the PanHandle road of the Columbus Chicago & Indiana Central roadfrom Columbus to Chicago. The lessee company and its guar-antor, the Penn.sylvania Railroad Company, contended that thelea.se was void under the laws of Indiana and Ohio, and also thatthe les.sor company had not kept its covenant to arrange,provide for, adjust and clas.sify its bonded indebtedness inthe mode and to the extent set out in the lease. The.y claimedalso that the lessee had been evicted by the decree in tide PuUancase, ordering a sale of twenty-seven miles of the leased lines,
and by the foreclosure proceedings of Roosevelt & Fosdick,tru.stees in the first consolidated mertgage. Mr. Justice Harlanheld:
1. That the lease was not in contravention of the statutes ofIndiana or Ohio.
2. That neither the PuUan decree nor the proceedings in thesuit of Roosevelt and Fosdick constituted an eviction entitlingthe lessee company to recision at this time of the contract oflea.se.
3. That the covenant of the Iftssor company to arrange, pro-vide for, adjust and classify their bonded indebtedness to theextent agreed upon, was not a condition precedent to the per-formance of the lessee's covenant to pay the stipulated rent,but it was a matter of substance, not of mere form. It was amaterial part of the consideration of the covenant to pay rent,and the les.see was entitled to have the les.sor's covenantperformed within a reasonable time, and that complainant wasentitled to a decree which should compel performance. The
Kansa<) Paclflc—At a meeting of the stockholders of theKansas Pacific Railroad Company, the following directors wereelected: Sidney Dillon, Jay Gould, F. L. Ames, Russell Sage,Addison Cammack, G. M. Dodge, James R. Keene, C. S. GreeleyG. P. Usher, D. M. Edgerton. James M. Ham. At a subsequentmeeting of directors, the following officers were chosen: SidnerDillon, president; D. M. Edgerton, vice-president; James M.Ham, treasurer; A. H. Caley, secretary, and J. P. Usher, generalsolicitor.
Lafftvette Mnnele & Rloomin^ton.—A despatch from Indian-apolis, Ind., April 28, .'aid: " The deed for the Lafayette Aluncie&Bloomington Railroad was delivered to the purchasing bond-holders this morning. A temporary organizaHon, to be calledthe Muncie & State Line liailroad Company, will be made."
l^ng Island Ballroads.—The N. Y. Times of Friday report*." Yesterday considerable astonishment prevailed in several ofthe Ivon^ Island villages over the non-arrival of the usual rail-
road trams, and it was not until late in the day that the canae
454 THE (JHRONIGLE. [Vet. XXVIll.
became known. The Lon^ Island Railroad Company, as thelessees of the Central Railroad and the Hempstead & NewYork Railroad, abandoned the use of those roads on Wednesdayevening. The Central Road will not again be run over betweenHunter's Point and Hinsdale. The Hempstead Road, from ValleyStream to Hempstead, will not again be used. This will leave anumber of settlements that have come into existence since therailroads without any railroad communication, and shuts Hemp-stead off from Rockaway Beach altogether. The roads did not
pay.
Milwnnkee & Northern.—An order was made in the UnitedStates Court at Milwaukee, April 28, upon the suit of Jesse
Hoyt, trustee, against the Milwaukee & Northern Railway,appointing James C. Spencer recaiver of the railway company.
Montgomery & Eufaula.—This railroad was sold at Mont-gomery, Ala., May 1, for the benefit of its bondholders, by orderof the United States Court. The road is 80 miles long, and wasbought by William M. Wadley. The principal competitor wasthe Louisville & Nashville Railroad, which owns a large amountof the bonds. The price paid in cash was $2,120,000. Theaccrued interest and bonds aggregate over $1,900,000. Theentire bid of the pureha.ser has been paid.
New York City Bonds.—Proposals were opened at the Comp-troller's office for 1500,000 five per cent consolidated stock of thecity of New York New York Bridge bonds, redeemable on andafter November, 1900, and payable on May 1, 1926. Nine bids•were made for the entire lot at prices from 102 to 105'76—thelatter price being offered by the Emigrant Industrial SavingsBank,
Northern Paciflc.—Outstanding Northern Pacific first mort-gage 7"30 bonds should be surrendered to the company in
eichange for its preferred stock, as the limit fixed by the com-mittee is June 30, 1879, after which no exchange can be made.
Richmond & Allegheny.—At an adjourned meeting of thebondholders of the James River & Kanawha Canal Co., April 17,
a final agreement was entered into with the Richmond & Alle-gheny Railroad Company, and signed by bondholders repre-senting about $350,000 of the first mortgage bonds. Theagreement provides that for the first mortgage bonds 70 centsshall be paid on the dollar of principal, and 70 cents on thedollar of accrued interest. For the second mortgage bonds 30cents on the dollar of principal,with four past due couponsattached to each bond as a delivery. For the first mortgagebonds of the Buchanan & Clifton Forge Railroad the sameprice as for the mortgage bonds of the James River & KanawhaCompany. The railway company will give notes payable in
three years, bearing 6 per cent interest, payable semi-annuallyin advance, secured by pledges on the water power, rents anddockage receipts of the canal company.
St. Lonis & San Francisco.—The Public has the followingpertinent remarks on a subject that has attracted some attentionm Wall street. " This week there has appeared a circular, with-out signature, in which some very remarkable statements aremade regarding the condition and finances of the St. Louis &San Francisco Railroad. The fact that such statements arecirculated in print illustrates the extreme unwisdom of attempt-ing to suppress information as to the doings of a corporation.For if any one would correct any errors which the circular maycontain, and for that purpose seeks the annual report of thecompany for the year 1878, now due for nearly four months, hefinds that the official report has not been published. It is saidin the circular, and on tne street, that the gross and net earn-ings of the company in 1878 were smaller by about $100,000than those of 1877 ; but if the loss were even greater the com-pany would have been more wise had it promptly issued its
official statement. It is stated, too, that the earnings in 1879thus far have been still smaller than those of 1878 to date.But if so the company certainly gains nothing by concealingthe real amount of loss, and leavmg all parties mterested toconjecture as they please."
St. Pnnl & Pnciflc—The St. Paul Pioneer-Press recentlyreported that Judge Brill granted a decree of foreclosurein favor of Edmund Rice, Horace Thompson and JohnS. Kennedy, trustees, plaintiffs, against the St. Paul & PaciflcRailroad Company, and the First division of the St. Paul &Paciflc Company and others, defendants, under a mortgage for$1,200,000, covering the railroad from St. Paul to Sauk Rapids.The amount adjudged due is about $1,500,000, which the rail-
road companies are required to pay within five days, and indefault thereof the railroad will be sold at auction to the highestbidder. It is expected that the property will go to sale, andthat the purchasers will reorganize and form a new corporation,and operate the road as provided in the statute of the State.Judge Brill also granted a decree in favor of the same
plaintiffs, trustees, against the First Division company andother defendants, under a mortgage for $3,000,000, covering150 miles of the main-line road, extending from St. Anthony toMorris. The amount of the decree is $2,016,975, which therailroad company is required to pay within five days, and indefault thereof the road will be sold at public auction to thehighest bidder for cash to satisfy the decree. The road will•undoubtedly go to eale, and the purchasers wUl form a newcorporation to operate this line of road also.
Trnnessee's Debt C< mproinis".—The committee appointedTsy the Governor to go to New Yoik to secure the acceptance bythe Tennessee bondholder} of the 00 cents and 4 per cent inter-est ccmpromise, proposed by the Legislature, have made a
report to the Governor announcing that two-thirds of the State'screditors would accept the proposition. Governor Marks hasissued a proclamation calling an election of the people to ratifythe proposition.
Union Paciflc, Cemtral Branch.—The Central Branch ofthe Union Pacific Railroad has let the contract for buildingthree branches ; one from Cawker up the north fork of theSolomon to Kerwin, Phelps County, a distance of 56 miles; onefrom Cawker to Bulls City, Osborne County, a distance of about40 miles, and an extension of the Scandia Branch from Scandiato White Rock. The completion of the Kerwin line wUl extendthe Central Branch to a point 263 miles west of Atchison,through one of the richest regions of Kansas.
Union Telearaph Oompa«y.—The articles of incorporationof this Telegraph Company have been filed in the County Clerk'soffice and at the same time in the office of the Secretary of State»at Albany. According to the New York Tribune report, " thecompany is organized with a capital of $10,000,000 in shares of$100. 'The corporators named are Jay Gould, of New York,whose subscription is for 50,000 .shares ; David H. Bates, of NewYork, and Charles A. Tinker, of Baltimore, Md., whose subscrip-tions are for 25,000 shares each. By the terms of incorporationthe company is authorized to run lines through all the Statesand many of the Territories.
" This enterprise is understood to be part of a vast schemethat m&Y extend from the Atlantic to the Pacific Coast. Thenucleus in this State is the Central Union Telegraph Company,which began operations about six months ago. l^ie charter ofthis company has been bought recently by the organizers of thepresent company. Work has been begun not only in this butin other States, and the line from Boston to Baltimore is undercontract.
" The Central Union Company has a line completed throughthis city to High Bridge, and is in actual operation from Syra-cuse to Oswego. From this city the poles have been distributedalong the route to Albany, and! are m position as far as Schen-ectady. The line extends from Albany to Buffalo, at whichpoint connection will be made with the West. The line of thenew company will be in operation to Chicago, by two independ-ent routes, within three months. One of these routes will be bythe way of the Albany and Buffalo hne, connecting at Buffalowith the Canada hne. The other will be by the way of Balti-more and the present line of the Baltimore & Ohio Railroad.In order to complete the proposed connections, it is necessaryfor the new company to build lines to Baltimore and Oswego,and from Chicago to Detroit. The line from Boston to thiscity and from here to Baltimore is already under construction,and will be completed, it is expected, within about ninety days.Work was begun a week ago on the lines east and south of thi.s
city."
U. S. Trsasary Circular.—The following circular was issuedApril 28:
Treasury Departmekt, »
Washington, Aih-II 28, 1879. 5The attention of all offlrcrs of the United St-ites cliai'Kod with the sale
of refunding certiflcates Ih called to the manifest piirimse of the act ofFell. 26, 1879, providliiR for the iBSueof such ccrtifloates, that they Bhallbe issued only to enable persons to invest small savings in Governnieutsecurities. In the cireular of Aiiril 18 It was aimoiiucod that all the 4per cent bonds offered for sale had been sold, and that these certificateswould bo resci-ved for sale in sums not to exceed $100 at one time. Thedepartment is advised that, in consequence of the rise in the value of 4per cent l)ond8, this intention of the law has been evaded in some placesfor speculative purposes, with a view to the immediate conversion of theecrtincatcs in large sums into bonds for sale. Where such evasion is
manifest, or where any one person claims more than $100, either forhimself or others, the eertilleatcs will be refused, and the authority ofany designated depositor}' who fails to enforce this circular will be with-drawn, and commissions will not be allowed on sales made by him. ThoTreasurer and Assistant Trcasiirers of the United States will be require<lto stnctly observe this circular. Hereafter, commissions on sales will beallowed at the rate of one-eighth of 1 per cent, .as heretofore, but only todesignated depositories for the sale of refunding certiti(5ates. When thoaverage sales, however, are in excess of $10,000 per day and less than$50,000, tho rates of conuuission on such excess shall be $1 per $1,000;and when in excess of $.50,000 per day It shall be 50 cents per $1,000 onthe excess. Owing to the great pressure upon the department in theissue of 4 per cent I)(»nds already subscribed for, and tho redemption ofcalh'd 5-20 and 10-40 lionds, the conversion of refunding cortitleat^js Intobonds will necessarily be postponed imtil on and after July 1, next.
John Siiehman, Secretarj-.
Western Maryland.—The funding certificates of the WesternMaryland Railroad have been printed and are now awaiting thepresentation of the overdue coupons of the firat mortgage bondspaid by the city to January 1, 1879, and of the preferred secondmortgage bonds, including those to mature July 1 next. Thecertificate contains the preamble setting forth the proposal of
the road to fund as per agreement, taid certiflcate to bearinterest at 6 per cent from J«ly 1, 1881. The overdue couponsproposed to be funded are turned over, on the receipt of thecertificate, to the Safe Deposit Company, to be there placed in
escrow until January 1, 1890, when the certificate is to beredeemed and the coupons taken from escrow and turned overto the company. Those so desiring may receive new bonds in
place of the funding certificates. 'Ihe amount of coupons to befunded is altogether $371,000, of which $239,000 belong to thecity of Baltimore, being the amount paid as endorser of thefirat mortgage bonds and that due and unpaid on the city's
investment in the preferred second mortgage bonds; tneremainder, $133,000, belongs to individual second mortgagebondholders. No ceremony is necessary in the trans-action, thebondholder receiving his certiflcate of funding and the couponsso funded being locked up in the Safe Deposit Company vault
and receipted for by the cashier of that place.—BaltimoreOaztU*.
May 8. 1819.] THE CHRONICLK. 455
1879. 1879. 1878.Mi»y 1.
97.724April 1. Miiy 1.
78,340 77.67H85.000 113..500 09.11(123,108 24,744 24.35830,«»i3 29,912 21.70697,005 .57,949 n4,»2H39,407 23.428 35,25065,873 00.605 31.50444,302 28,178 2(i.6S227,010 12,837 13.728
675,000 680,000 33,7042.119 2,299 2710,225 8.918 3,147
15,000 25.000 3,000252,000 207.900 135,000170,370 191,580 104,06430,094 34,084 23,6122,314 1.871 2.5024,959 1.876 ],7ilO
8,700 3.100 3.7004.100 3,050 1 ,900
41,093 20,593 120.80010,000 7,000 7,3000,390 4,905 4,150
35,500 31,665 18,20037,910 25,531 39,3202,316 700
h
jljhc (fvcrmmcvcial '^imcs.
C(JM MERCuITePITOM R.
Friday Niairr. May 2, 1879.
Wrt have liad bottor weathpr the past week, but at thin writ-
ing tlie temiwraturo is unsoasonal)!/ cold ; a fall of snow i.t
reporti'd from Ottawa, and the harbor of Buffalo is Htill encum-
bfred with heavy ice. In spite, however, of these drawbacks,
trade makes fair progress, and the position may be regarded as
generally much more favorable than at this season in recent
years.
The following is a statement of the stocks of leading articles
of domestic and foreign merchandise at dates given :
J'ork l>bls.
1jinl tP8.Tiilmi'i'o. forolKH biiles
.
' Tobiuio, (loiufstlc libds.Colfi'c, Klo bags.Coffi'i'. ot her b»KS.Cotfuo. Jiivu, 4ko. miita.HiiKnr bhila.
aiiRar boxes..SuRur ; bags, Ac.Mobwlo bhds.M()lik<.s««, forrlRn hhds.Miibusse!!, dumestlc bbla
.
Hldivi No.Oottou biilos
.
Kosin bills.
Spirits tiirjHmtlne bbls.Tar bbls.Kloo, K. I bags.Rli-o. domestic bbls. and tcs.J.iiisiMil bags.8al t pc tro bags
.
Juto bales.Jute liiitta bales.Manila lienip bales.Sisal hemp bales.
The provision market has been alternately firm and weak ; at
times much irregularity and depression were noticeable, and at
others, under the influences of a revival of speculation at the
West, a better state of affairs would prevail. Generally speak-
ing, however, the market has been in buyers' favor. To-day,
little or nothing was done, and prices were barely steady ; old
mess pork on the spot, $9@?9 12)6 ; new mess, $10 10@$10 1.5 ;
May quoted at $10 20, and June $10 10@$10 30. Lard was
weak at the close ; prime city on the spot sold at 6'17.56c.; do.
western, 6-27>6@6-22^c.; May, 6-20c.; June, 6-25@6-22?6c.;
July, 6-30@(5-27?6c.; August, 6-40@6-35c.; refined for the conti-
nent, 6"57)6c. Bacon was lower; long clear, 4'95c.; long and
short do. here, 5e. Butter and cheese have declined, and have
only a small movement. Tallow is lower at G)4@6%c- for prime.
Rio coffee has receded to 13^c. on fair business, and though
on one or two days there was some activity, the market has been
generally quiet, and at the close the stock here is 72,532 bags ;
a moderate business in mild grades has been done at unchangedprices ; late sales have embraced 4,400 bags Maracaibo, 5,000
mats Java, and 3,200 bags Costa Rica. Molas-ses has been in less
demand, and refining stock is now not quoted above 27^c., and
the bids generally under this figure; grocery grades remain
without quotable change. Rice has met with a pretty brisk
demand at firm and unchanged prices. Raw sugar has been
.finner at 6 3-16@6%c. for fair to good refining, with a better
demand. Refined sugars have sold more freely of late at firm
prices ; crushed, 8%c.
Tobacco has been more active for all grades, though themovement Is still comparatively moderate. Sales of Kentuckyamount to 800 hhds., of which 300 for export and 500 for homeconsumption. Prices are unchanged ; lugs quoted at 3@4^c.,and leaf 5@12c. Seed leaf sold to the extent of 90O cases, asfollows : 400 cases 1877, New England, 14@25c.; 250 cases 1877,Pennsylvania, 12@22^c.; 250 cases 1878, New England, secondsand filli»rs, private terms. Spanish tobacco in fair demand, withsales of 555 bales Havana at 85o.@$l 10.
Ocean freight room has received moderate attention ; the sup-plies of tonnage, however, are plentiful, and the cause of muchIrregularity in rates, which for some time have been low andalmost unremunerative. To-day, rates were unsettled; grain toLiverpool, by steam, 5/^d.; flour, 2s. l%d.; provisions, 25@30s.;grain to London, by steam, through freight, 7d.; do. to Bor-deaux or Antwerp, 4s. 7/6d. per qr.; do. to direct French port,48. 7/^d.; do. to Hamburg, 43. 3d.; refined petroleum to Bremen,28. 10>6d.; do. to the continent, 3s.; do. to the German Baltic,
43..1?^d.; Naphtha to Exmouth, 4s.; grain to Glasgow, 4s. 4)^d.per qr. Naval stores have been rather quiet, and prices havemanifested little strength ; spirits turpentine closes at 29>^@30c.;and common to good strained rosins, $1 35@$1 40. Petroleumat the close was more active and steady, at S^SS'Mc.; sales20,000 bbls. refined at these figures. American and Scotch pigirons are quiet at the moment, but all prices are finnly sus-tained ; steel rails also very firm, with 9,000 tons sold, part atthe West, at $45@f47 j ingot copper in jobbing sale at 15Ji@16c. for Lake. Whiskey quiet at $1 07.
O O TT O N.Fridat. p. M.. M»y 2. 1870.
Tub Movrmrxt of tiik Onor, as Indlcatnd bj our K!l«gr»ro»from the South to-night. In given below. For the week nndioKthis evening (May S), the total receipt* have reachnd 23,283bales, against 80.188 baleslut week, 40,ln7 bales the previouweek, and 44,K51 bales three weeks slncn; making the totalreceipts since the Ist of September, 1878, 4.817.00. bales, agaioat4.1 l!J.8il.'i hales for the same period of 18;7.8, showing an incrcaaasince September 1. 1878, of '.'03,201 bales. The (letails of thereceipts for tills week (aa per telegraph) and for the correapondtngweeks of four previous years are as follows:
Rec'elpta tlila w'k at 1879. 1878. 1877. 1876. 1878.
New OrleaiMMobile
6,195
1,006744
2,979
1,004
854,991
121
2993,800
1,399
10.893
3,082
1,222
3901,495
1,744
15
7,712127893
2,932691
0,477
9992,013
63738686
72,209
37572
2,001
98
8.986
2.003
1,492
2312.878
4.002
2112,003
17
8882,785
206
8,10.5
1.115Cliarlcnton 1,762
2,676
1,382
1604,118
H
line
1,940
170
Port Uoyal, Ac
Galveston
Iiidlanola, AoTenncssoo, AoFlorida.
North Carolina
Norfolk
City Point, Ao
Total this week...
Total since Sept. 1.
22,283 31,190 16,560 26.002 21,891
4,317,007 4,113,803 3,839,630 3.941,358 3,340,970
The exports for the week ending this evening reach a total of4-3,507 bales, of which 26,798 were to Great Britain, 4,480 toFrance, and 11,339 to rest of the Continent, while the stocks asmade up this evening are now 3G8.781 bales. Below are thestocks and exports for the week, and also for the correspondingweek of last season
:
WeekendingMay 2.
N. Orl'us
Mobile.
Charl't'n
Savan'h
Galv't'u-
N. YorkNorfolk-
Other* .
.
Tot. this
week
Tot.slnoe
Sept. 1.
EXPORTED TO—Great
Britain.
16,791
2,759
7,248
26,798
1856,966
France.
3,765
715
4,430
Conti-nent.
10,075
Totalthis
Week.
30,631
1,154' 1,154
3,474
11,229
394,2721911.553
7.248
42,507
SameWeek1878.
29.1346,117
2.068
3,355
9636,135
2.505
10,355
60,032
1879.
111.748
7,698
9,87913,422
14,827
174,542
9,665
27,000
1162.791 3036,289
368,781
1878.
154.4154
18,660
4,485
9.683
21,881167,19412.970
40,000
429,329
* Tho exports tlila week under the head of "other ports" Include, from Balti-more. 1.H4 bales to Liverpool ; from Boston, 5.787 bales to Liverpool; fromPhiladelphia, 307 bales to Liverpool.
From the foregoing statement it will be seen that, comparedwith the corresponding week of last season, there is a decrauein the exports this week of 18,135 bales, while the stocks to-nightare 00.548 bales less than they were at this time a year ago.In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, atthe ports named. We add also similar figures for New York,which are prepared for our special iise by Messrs. Carey, Yale &Lambert, 60 Beaver street
:
May 2, at—
New Orleans.MobileCiiarieston. ..
SavannahGalvestonNew YorkOther ports...
Total.
On Shipboard, not cleared—for
Liver-pool.
26.500None.834
5.5009,5091.1005,000
47.443
France.Other
Foreign
4.250None.None.None.None.None.None
4,250
COONone.2.475None.None.
60None.
3,135
Coast-wise.
1001,500107500
None.None.1,000
3,207
Total.
31,4501.5003.4166.0008.509*3,3e06,000
60,235
I>eavlilgStock.
80,2.506,1986,4637,4226,318
171,18230,665
308,498
* Included in this amount there are 2,S00 t)ales at presses for foreign ports, thedestination of which we cannot learn.
The following is our usual table showing the movement ofcotton at all the ports from Sept. 1 to Apr. 35, the latest mail dates:
BKCEIPTS SBSCE EXPORTED SINCE SEPT, 1 TO—POBTS. SEPT. 1. Stook.
1878. 1 1877. Britain. France. Foreign Total.
N.Orln8[ll45,225 1326.466 590,759 197,970 336,254il24,983|l30.397
Mobile. 3,54.163! 399,712 56,000 35,583| 29,677| 121,260 7,453Char'n* 508.991 448,841 145,029 57,140; 173,663' 375.837 9,263Sav'h.. 689,103 .570,293 191,815 23.646 231,,523, 440,984 15,066Galv,*
.
"542.577 430,622 211.155 .59.478 04.010 334,643| 17,018
N. York 142.972 125.984 209,398 11,245 24,355 244.998 180,314Florida 55,934 14.011 13,756 1.967 135 15.838
N, Car. 132.927 137,153 44,472 2,050 18,589 6.5.111 1,839Norrk* 537.774 481,242 184.223 713 5.098 190.039 11.900
Other.. 185.058 148.283 183.556 17,015 200.571' 24,500
fhlsyr.
Lastyr.
4294,724 1830.168 389.792 900.324 3120.284 397,755
445 8531082,607 1386.018 457.119 632.520 2975 057
* Under tho heati of Chartexton Is included I'ort Royal, Ac: under tho head ofOalvaton is included Indianola, Sk.; under tho head of litirjoU is Inoludetf CityPoint, Ao.
456 THE (mRONICi^E. [Vol. XXVIII.'
The market for cotton on the spot h s beeji quite inactive thepast week, and yet such was the firmness of holders that priceshave advanced. Quota- ions were marked up ic. on Wednesday,and again ^c. on Thursday, to ll|c. Today, there ivas afurther advance of an irregular character; low grades were 3-16(S)5-lOc. up; medium and better grades 1-I6((|ic. ; middling uplands12c.; stained cottons were i'g^c. up, the latter for the lowestgrade. The speculation in futures has been quite fitful. Thevolume of business has been smaller, and yet at times the markethas been quite excited. The course of prices has been as erraticand apparently inconsistent with dominant inHuences as last week,and yet on the whole the tendency has been upward, especiallysince Saturday last, when the market opened quite depressed.Moudav was quite weak at the opening, in sympathy with Liver-pool advices; but speculation revived, and the close was slightlydearer. Tuesday responded but partially to strong foreign ac-counts, but on Wednesday and Thursday there were decided ad-vances, not, however, without wide fluctuations, the improve-ment being most decided for this crop. Advices from the Southalmost uniformly indicate the planting of an increased area to cot-ton, and this, with the return of better weather there, gives a checkto speculation for the next crop. To-day, there was a further ad-vance, with some excitement on strong repor s from Liverpool andthe South; but values wtre ir.egular, and tlie close unsettled.-The total sales for forward delivery for the week are 635,900
bales, including — free on board. For immediate delivery thetotal sales foot up this week 3,"i93 bales, including for export,3,303 for consumption, 390 for speculation, and in transit. Ofthe above, bales were to arrive. The following tables showthe official quotations and sales for each day of the past week:
April 26 toMay 2.
UPLANDS. NEW ORLEANS. TEXAS.Sat. ITIou Tne« Sat. I?Ion Taes Sat. jnon. Taen
Ordln'y.VB)Strict Ord..Good Ord..Btr. O'd OrdLow Midd-fBtr.L'wMidMiddling...Good Mid .
.
Btr. G'd MidMldd'g FairF»ir
915,6105,610ii,6
ll'io115,8III311=812I2I412781378
915,8105,61013,6111 16115,6UI2ll-'>8
1212 1412^81378
915,6105,81013,6111,611^16III311=812I2I4127813'8
101,8107,8
i?3:-
11%121812381314
:oi,6107,610l',6
113,6117,6IIV11%121812381314
101,6107j810l4,„
113,6117,6U^11%121812381314
101,6107,61010,6113,6117,611 •''8
11%121812381314
101,0107,61016,6113,6117,611
-'"s
11%121812381314
101,6107,61015,6113,6117,611 -8
11%1218I2;i8
1314
0^diu'y.^l^Strict Ord.Gowl Ord..Btr. O'd OrdLow Midd'eBtr.L'wMidMiddling...3ood Mid..Btr. G'd .Midttidd'g FairFair
\red Th. 1 Frt. Wed Th,
101,6107,61015,,113,8117,6U-^J11%121812381314
103,6109,6ll'l6116,6110,611%1178I2I4
12^!I3I8I4I8
101c107811'4111-2
1111,0117812125,6l'-'9l6I3I4I4I4
103,8106,6111,6
}1^8119,611%1178I2I4I2I213%14%
Fri. W^ed Th.
105,6 10=81011,6 11113,6 11138117,8 ll.'>8
lfllll3,6To11-8
12123812=8I3I414 '4
121218127,61211,1338
103,6109,6111,611^1611»1611%11781214
16 V2^113%
1438 '14%
105,81011,,
113,11
117,61111,,1178121238120813 1414 '4
Frl.
lO-'-'s
1111381158IU3„1212%127,6l'-ill,f
13381438
STAINED.
Good OrdinaryBtrlct Good Ordinary.LowMlddliiicMiddling
.'» B)
Sat.
10lOifl
11ll6l«
Idou Toes \red Th10lOia11116,6
10101a11ll'i*
10%10=811%117,6
10 1410%11 1411016
Frt.
103411%11^16lilt,,
HARKBT AND eALE8.
SrOT MARKETCLOSED.
Bat.. DullMon .'DullTaes . QuietWed . Quiet at % iidv'coTburs Q't, st'dy, ig iulv.FH. - Quiet, rev. quo..
Total
SALES OF SPOT AND TRANSIT.
Ex-I
Con-port. I Bump.
148425300407442
1,474
3,202
Spec- Tran- _ ^ ,
ul't'n Bit. Total.
22595
70
390
14K650401407512
1,474
3,.'>92
o , Dellv-Sales,
ei-ieg.
90,10081,10089,400
1 0(!.GOO95.100137,000
(J05,!)00
300COO400200
500
2,900
For forward delivery the«9.5,90J bales (all middlingfollowing is a ttatement of
sales have reached during the weekor on the basis of middling), and thethe sa'es and prices :
For April.Bales. Cts.
aw. U-S8100. 11-61180. 11-618W. ll'«^eOO 11-64
• 460 11-87780 11-68»00. U-75
WOO.. 11-77nWO 11-80100 IX-Bl
TJKO
For May.
TOO800
afito.«K>
1,«00100 8.D. iBt
I.MIO3CX)a. . ,Bt
8,800SOOa.n. 1st
3,»00780wo.seoMO.lOOs.-.Sd.
1,400lOOs.n.Jl800. ...;..
11-5011-8011-62,ll-6311-8411-65,11-8611-6711-6711-68,H-6-<ll-f9,ii-e«
,n-7011-71.ii-;2.11 -M11 ;.i
.11-7511-76
Bales.100 r.n. -Bt
13001,000100 B.D. 1 tlOilf.D.Sd.600100 t.o. St.
1,800400 B.-. iFt,
lOOs.n.JdSOO-.D. d..700
1,900100300 .'.D.M..600
1300S!,000
20OB.D.5ttl.1,900900
1,100l.'-OO
3 Os.n.Sth800300100 8.11 3d.lOOs.n.Slh100 -.".•th
3,8001,000
4S,900
Cts.1
11-77 I
11-7?I
11-78i
n-70if.ol,11-7911-80
1
1180 1
11-Sl1181
I
11 8111 -81
ll-8i|,11-83 I
11-84ll-?411-85,11 -»6,11-8711-87l'.-S8.11-8911 -no11-9111-92.11-9:1
ll-W1108119811-90laoo
For Jnn"
!oo""11-7711-78.
Baled. Ct8. Bales. Cts.3.500 .. 11-79 100 ...12-204,800 .... ll-M300 ... ....11-81 136.500
1.200 .. .11-823,400. ... 11-83 For J aly.7000. ... ... .11-84 300 .. .. .. 11 847,80,1. ... ... .11-85 1,000 ...ll-i'53,100. ... . . .11-86 1,300 .. 11-963oao. ... 11-87 200 .. 11-974,5-)) ....11-88 1,00-. .. . .. 11982600 ...11-89 e-K) ...n-ii93,700 11-9!J 2,600 ..,12-(K)1000.... 11 91 1,200 12-01200. .. 11-92 2700 ...12-0^900 ...11-93 •',700.. .. ...1203
1,^00. ... ... .11-94 2,9003000. .. .... 11-05 1,401. .. . .. 12157,500. ... ... .11-06 2.800 . . 1-i-Ofl
4,7(W .... .... 11-97 1,700 .. 12-074,700 ... U-98 700 .. . . 12-OHS.iOO . ..,11-99 500 .. ri-093.400 .... la-00 2,300. . . ..,12 105, 00 .. . .. 12-01 3,000. .. . ...12111,1 OJ . .. 12 02 5,100. .. . ...12-l-.i3,100 1203 3,000 ...12-i:i11,800 12-04 9,100 .. 12-146,400 .... 1205 6,7003600 ... ..,.l'-'-0« 3,200 .. 12--,«
3,600 ....12-07 1 100 ..12-174,«00.... 12-03 5,400 .. 12-1>1,900 .... 12 09 4800 ...12191000 u-u f,500. .. . ...12-201,300. 12 15 3,200 .. 12-21900 .. 1-16 2800 . ..12 22
5.700. . .... 12-17 900. .. . .. 12-^S7,200.... . .. 1218 1800 ...1 -24
2,200 12-19 7,000 ..12-26
Bales.1,40,'..3.X00...
2,100..,6,100..,0,000..5,80 I.
.
Cts....12-31
. 12 32
..•4-JA..12-31. 12-35.-12-36
; isr.soo
Bale.«.2.3 .
.
leiKX)..5,1(10. .
1,000. .
.
cts.U-17.12-4812-49.12-50
112,400
For900.,.,
3,000 ..
400...100 ..
1.600. .
1,900. .
7,400...4,100..
,
1,700...3,700..4,600 .
.
5,900.,.4,300 ..
2,900.
ngus-.l-.i-09
121012-111213
.. .. Vi-.i12-1112-1512 1612-17l'J-18
. . li-lyi-i-ai
I'i21-. . ...12-22
1.200 l-3-i'4
B,'2O0 .
5,900.,..4 100...
10,300. ..
7,:00....12,200....2,41)0.
. .
.
1'200. ..
7,000....4,100....9,700...2,800 . .
.
1,600....6,300. .
200. ..
300.
,.1 -25
. 12-2-1
. 12 27. 12-28..12-29. 12-30..12-31. 12 32. 12-,«..12 34,..l-i-.S5
. 12-86
.12-37
..12-38
..K-"9l-;4l
6,700 li-452,100 12-43
For September.400 ii-;o
1,800 11-801,000 n-8i1,400 11-S3500. 11-81
1,900 .11-852,100 11-61.200. 11-872,500 11-88100 11-89500 ll-EO
1.5(10 ,1913,iK)0 11-9!3,000 11931,100 11-91;00. .. 11-95
1,21)0. ... .. 11-962,4(0 ll-i;73,500 11-982,000 II 095,200 12003.800 12013;00 12-022,400 12 03
'200 1204 1
300 12063,400 -... l-i-07|],0')0 12-0813 000 r2-(.ul1,-100. r,!-io
4;,300
For Octobe-. ,
iOO 1118200 11-19
Bales.;oo...000...
3,600. .
1,200.,.700 ..
],-.^oo...
4<XI...,
Cts.I
..11 20....11-24
U-k5.. 11-26 I
....11-27....11- 8
I
.11-292,000 11-30800..'200 .
700..1,200.2 900.2,7:0.,1 700
,
.1181 ,
11-32ll-:-3
... 11-3411-35
I
. ...1-36I
. 11-37600 11-3S<i 11-89
S.'^OO 11-403.700. 11-412,l«XI 11-42
1
3,(1 11-41I
500 11-44"00 11-456 11-40
3,.'>0O 11-471,3 11-4S1,200 11-49
I
200 11-50
46.900
Bales. Cts.1,700 ....10-98400. . 10-986<.K. . .. 11-005 0. ... ll-Ol
1,500. .. 1! 02300 . ...11-03
1.300 11-041,000... . . .. 11 05iOO 11-00100 1107'.00 .... ... IIOH
2,4-0 . ...ll-O'1,-00.... 11-10
For Xov irber.000 10-.17'200 10-f8400 1' -89100 10-90
1 16 900200 10-91
'
200 10-HJ500 lO-M100 10-94900 10-95300 10-96900 10-0
16,0C0
For Deeeib**-.100 10-8430' 10-80800 10-(-8
200 10-89400 1000SO 10-91100 10-92
1.100 10-93200 10-95500 10-86
2,100 10-D7800 10-98
1.400 10994,501) 1100700 11 01
1,900 11-021,900 11-Oa
For Ja:;Dary.400 10-93100 10-97100 11-07
'•'^"" i'lJ 200 11-19 900 10-o7I
601The following exchanges have been made during the week:•18 p,i. to excli. 200 Mfy for .Iulc. |
-18 pi. to excli. 500 .May rcrjuj..The following will show the lange of prices paid for futures,
and the closing bid and asked, at 3 o'clock P. M., on each day inthe past week.
Futures
Market.
April .
May . .
" B.n
Juno .
July..AllKiistScpt'b'rOctoberNov'lierDec'berJau'ry .
Tr. Old.Closed.
Futures
Market.
Sa(arda)'.
Lower.
For Day. Closing
//;(?*. Low. Sill. Am11-U9-11-00 ll-0(i0711-71-11-G2 11-08 —11-90-11-8112-00-11-9812-21-12-1311-89-11-8211-30-1 1-2410-93-10-8710-88-10-8610-93-10-93
11-70Steady
11-87 881203 0412-18 1911-80 —11 -'.•0 2710-91 9210-85 86
IVednesday.
Firmer.
For Day. Closinf;
Bid. A.Ik
11-80 —
11-96
J^iff'i. Low.11 -88-1 1-8011-82 11-8112-05-H-9512-21-121lll2-12 1312 36-12-'25 12-2612-03-1 1-92 11-9311-43-11-3.'-) 11 -S.'i 3611-05-10-97 10-96 971100-10-93 1001 92
11-80Barely steml.v.
inoiida}'.
Variable.
For Dny. Closing
fl'ffh. Loip.11-67-11-5811-72-11-5911-69-1 1-6711-91-11-7712-08-11-9112-2'2-12-0911-90-11-71111-33-11-1811-95-11-9110-90-10-84
Did. Aik11-72 7311-73 -
11 90 —1207 081 2-22 2311-909111-32 3310-96 9710-91 92
11 73Finn.
Thursday.
Fii-mcr.
For Day,
Htgli.
H-92-11 -Jl-
120912-2512-39-12-04-11-45-11-051100-
Low.11-8311-8411 9912-1512-2811 '9711-9)ll-Ol10-96
Clo8in<:
Bid. ylAt11-91 92
12-07 0812-24 —12-38 —12-02 —11-41 4211 01 0210-97 98
11-95Finn.
Tuesday.
Fimier.
For Diiy. I Closing.
Hipk. Low. ma. Ask11-81-11-75 — —11-82-11-75 11-74 7511-80-11 •75. — —12-00-11-91 11-92 9312-16 12-07'l2-08 0912-31-12-22112-23 —12-00-11 -901 11 -91 —ll-41-ll-3lill-34 3.''>
ll-O'2-lO 95110-95 9611-00-10-9010-90 9210-97- —
I— —
11-75Barely eteady.
Friday.
Buoyant.
For Day.*
llioh.
12 0011-9812-2012-3612-5012-1011-50-11-1011-03-11-07-
Low.Ill9911-97121412-3112 4412-0611-4411-0511 0011-0-
12-05Firm.
Closiug.
Bid. Atk1201 —12-19 —12-36 3712 49 501209 —11-49 5011-10 1111 03 04
May . .
.
" B.n.
June. ..
July . .
.
August.Sept'b'iOctoberNov'berDec'berJau'ry .
'IV. onl.Closed.
• To 2 P. M. ,
Thb Vi8iBi,E 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 ard the afloat
for the Continent are this week's returns, and consequentlybrought down to Thursday evening; hence, to make the totalsthe complete figures for to-night (May 2), we add the item ofexports from the United States, including in it the exports ofFriday only
:
1879. 1878. 1877. 1876.Stock at Liverpool 635.000 887,000 1,124,000 1,025.000Stock at London 54,000 11,750 44,500 02,564
Tot,al Great Britain stock . 689,000 898.750 l,168..50O 1,087,564Stock at Havre 160 2,i0 238,750 2 17,2.50 193.750Slock at MarseilleB 2,000 5,750 4,250 6.750Stock at B.ircelona 4 1 000 34,000
7,50066 OOO 87,500
15 250Stock at Hamburg 4 500 15 000Stock at Bremen 26 750 43,000 69.500 53,750Stock at AmRterdam 43 750 49,500 68,000 59,250Stock at Kotterdam 4,750 12,000 11.000 17.230Stock at Antwerp 3.750 7.500 6,750 18,750Stock at other conti'ntal pons. 10,000
296,750
23,7,50 14,500 17,500
Total continental ports 421,750 472,250 460,750
Total European BtoekB.. .. 9S5,7.')0 1,320.500 l,640,7.iO 1,557,314India cotton afloat for Europe. 216,000 211.000 301,000 210,000Amer'n cotton aflo.itforEur'pe 403.000 490,030 304,000 451,000Egypt,Brazil,&c,,afltlorE'r'pe 15.000 21,000 32,000 53,000Stock in United States ports .. 363,781 429,3'29 545,415 492.389Stock in U. 8. interior ports.. . 48,662 46,495 65,480 63.702United States exports to-day.. 100 6,000 7,000 5,000
Total visible supply 2,039.293 2.524,324 :
Of the above, the totals of American and otherfollo-wB
:
Ameriean—Liverpool stock 514,000 602,000Continental Blocks 253,000 370,000American afloat-for Europe.... 405,000 490,000United States stock 368,781 429,329
;,S93,645 2.870,405descrlpcions are aa
727,000 629,000397,000 308,000304,000 451,000545,415 492,389
May 8, 1870.J THE (HHONK I.E. 467
UnUwI S'fttod Interior nlockii..
UnltuU Statoa hximjiIh liMliiy..
1870.
100
lS-8.40,4950,000
1H77.05.4807.000
187005,7025,000
Totjil Amnrlriin .1,580,54:1 2,003.824 2.045,805 1.051,001Bo»( Ilid iiiii, Kraxil, <#«.—
l.lvorpm.l »t<i<k X2I.0O0 225.000IahhIdii hUm'K 54.000 11,730(VmtliicnlalBtookii 43,7.50 51,750India utioiit for Kunuw 810,000 211,000KKj-pt, Hrazll, &o.,afli>»t 15,000 21,000
307,00044,ft0<)75,2.50
301 .(XM)32.000
300.00002.50410 1.7.1024tl.O<K)53 .(MM)
Tofjil East Indln. Ac 440.730 520..1(M) 840.7.50 010,314IXttuI AuiorU-aii 1,580,543 3,003,824 2,045.80o 1,051,001
Total vIMblo niiin))/. 2,030.203 2,524.324 2.805,045 2,870.405
PrioeMld. Upl.. Uverpool.... 6»8il. 6»i)\. S'gl. 0>9d.
These Hgiires indicate a diiereaM in the cotton in sight to-night
of 4t)5,0iit bales as compared witii the same date of IHTH. a
iMrease of 830,853 bales as compared with the corresponding date
of 1877, and a deereane of 831,112 bales as compared with 1J76.
At thk Intbriok Pouts the movement—that is the receipts
and shipments for the week, and stocks to-night, and for thecorresponding week of 1878—is set out in detail m the following
statement:
AoiniBta. Oa. ..
Coliinibiio. Oa..Maoon, UaMontK<i">ery> AlaSohua, AlaMempbls. Teuu..MashviUe.Teuu..
Total, old porta.
Dallas, Texas—Jefferson, Tex.. .
Bhrevejiort, I-a ..
VickBlHirjf, MiHS .
Ck>lnnjbu8, Misa..EufaiUa, AlaGrlffln, OaAtlanta. GaRome, GaCharlotte, N.C...Bt. Louis, Mo.
.
Cincinnati, O..
10,732Total, new p'rts
Total, all 14.6^5
Week en41ng May 2, '70.
Becelpts Sblpm'ts Stock.
2403U34875188
2.130156
3,953
124SO
00983820
23014
195190247
3,2944,393
1.00843734770.S452
3,82a702
7,370
• 1333002658--J2
8038»>2.50
4,386201266
4,6813,713
5.1814.2891,0082.8631 .252
31.3972,672
15,722
2;l,292
48,662
65583
2,164030209834223
2,0996S6656
13.8148,016
Week endluK May 3, '78.
Beoelpta Shipm'ta Stock
47521458
511423
2.698363
_i
757535463
l.OOlOln
7,933601
30,300
78.902
4.712
10112555093321T57
275163129
1,9013.733
11.913
5134518(M)
1.23035917517
752438217
4.73S4.746
6.8554,5732,1410,1931,804
23,0321,897
46,495
691800
2,7301,148419
1,200421
•2,523863290
11.3976,563
8,015 14,438 29.055
12.737 I 26.349 75.530
The above totals show that the old interior stocks havedecreased during the week 3,017 bales, and are to-night 2.167
bales 7nure than at tlie same period last year. The receipts at thesame towns have been 789 bales less than tlie same week last
ye»r.
Receipts from the Pl.^ntatioxs.—The following table is
prepared for the purpose of indicating the actual movement eachweek from the plantations. Receipts at the oiit ports are some-times misleading, as they are made up more laiwely one yearthan another, at the expense of the interior stocks. We reach,therefore, a safer conclusion through a comparative statementlike the following:
RECEIPTS FROM PLANTATIONS.
Weekending-
Receipts at the Ports.
Jan. 3 115.868'» 10 101.132" 17 115.015" 24 109.447" 81 138.374
Feb. 7 140.006' 14 120,720" 81 8S.06S•• 88 68.615
Mar T S0,742" 14 44.837•• 81 38.366•• 28 30,397
Apr 4 26,287•• U 21,183•• 18 18,010" 88 88,611
Mar 2 16,960
Stock at Inter'r Ports
1877. 1878. 1879.
163.755
142,000
I5:i,r27
143,155
121.091
113,613
249.905 253,
223.007 236,
214,057 237.;
194,059 148,640
159,180
1S7,13S
120,090
109,738
94.349
90.M'
88.264
75.723
65.470
58,886
51..39I
89,016
38,836
167,097
171,608
150,841
1»4,32«
110.04
83,260
78.490
60,202
60,698
54,28:)
44.851
40,137
36,183
31,1061 22,2f3
1877. 1878,
195,082
182,240
179,260
174.977 233,
173,478 226.
173,17h;210,
109,291 jlW165,747 160,
l.W,041
151,190
140,649
133,36:1
123,411
117,074
107,514
239
,293
,380
,013
,4»4
,708
,103
,685
,935
,485
',63<)
1,053
,795
1,991
1,633
1,979
1,142
.,550
281,634
233,647
233,2:W
218,585
220.933
214,117
190,705
182,246
170,438
165,019
159.418
141,612
131,463
116,879
107.005i
91,966j
87,294!
T8,9«2'
Rec'pts from Plant'ns
1877. 1878. 1879.
108,770
'4,234
106,065
90,4ra
125,532
l;)7,032
116.431
86,569
68,315
48,8.55
40,993
24.660
157,118
125,153
154,814
168,692
16I,66'
133,.352
12.486
lo:i,3l^
7,s,59i.
72,47-<
69,4:!,"
52,740
23,555 50,012
15.737 48,082
l:i.897 40,0,33
13,05h| 20,302
13,304 32,019
7.0801 17.604
130,508
93,101
93,202
133,997
169,447
164,790
127,489
125,809
98,2:»
78,447
72,280
42,396
50,549
39,699
34,977
23.148
31.511
13,f51
The above statement shows—1. That the total receipts from the plantations since Sept 1 in
1873-9 were 4,390,317 bales; in 18?7-8 were 4,17i,S71 bales; in
187(v7 were 3,909,438 bales.
2. That although the receipts at the out ports the past weekwere 2i.383 bales, 'he actual movement from plantations wasonly 13.951 bales, the balance being drawn from stocks at tlie
Interior pors. Last year the receipts from the plantations for thegame week were 17.004 bales, and for 1877 they were 7,020 bales.
Wbathkr Reports by Telegraph.—The weather this weekha3 in general been very favorable for tlie development of cot-
ton 'I he rains in Texas last week appear not to have been par-ticularly injurious to the crop.
Ualventon, Tei^u.—The weather daring the week has beenwarm and dry, the thermometer averaging 74, and ranging from62 to 81. 'I he lecent rains, though too hard and doing somedamage, have been of immense benefit. The rainfall (or thepast month is two inches and fifty-two hundredths. Last week'stelegram, which was received too late for publication, read asfollows: 'Ihe longdes red rain has come at last throughout theState, ram having fallen here on four days, to a deptli of one
V(
inch and Morontyflvo hundredths. In the upcountry rain hutbeen excessive, and It has been very stormy. Average tiiermometer 70, highost 78, and lowest 57.
IndianoTa, Tezcu.—We have had wanii, dry weather tliii pastweek, and are neixling rain liadiv Avi-rago tlii;rinomfler 74,highest 8.'), and lowest 0.1. There has been a rainfall during themonth of eighty-seven hundredths of an inch.
Corn:ana, Texa*.—There has been a shower on one day duringthe week, the rainfall reaching twenty-two hundredths of an Inch.Crops are prosperous since the recent rains. 'I'ho thermometerhas averaged 71, the highest being 80 and the lowest 5r>. Wehavnhad a rainfall of eleven inches and fifty seven liundredllm duringApril. Last week's telegram wasa.s follows: it rained on twodays.a deluge. Much damage was done by water everywhere, andmany casualties are report d. I he thermometer bad ranged from4G t > 8), averaging iiH. The rainfall, which was unprajcdent«d,reached nine inches and seventy hundredths.
Dallas, Texas.— }t has rained on one day the past week, »shower, the rainfall reaching twenty hundredths of an inch.('roi)S are doing well, and cotton-planting is about finished.Average thermometer 71, highest 80 and lowest i.ll. The rainfall
'
for the month of April is eleven inches and fifty hundredths.Last week's telegram was as follows: Rain fell here on twodays, an overwhelming flood, and much damage is believed tohave been done. Flehls were washed, streams overflowed, rail-
roads submor^ed »nd bridges destroyed —most disastrous floodever known in this region. Cannot ascertain extent of damagoyet. The thermometer ha^ averaged CO, the highest being 83and the lowest 40.
Brenham, Texas.—There has been no rainfall during the week.The recent rains have done great goo<l. and crops are growingfast. Average thermometer 74, highest 84 and 'lowest 01. Therainfall during April has reached seven inches and s xty-five hiindredths. Last week's telegram was as follows: We have hadrain here on two days, the hardest ever known, with a rainfall
of seven inches and twenty hundredths Much damage wasdone,many streams and rivers rising twenty feet in one night. Uplandsare mainly benefitted, but the lowlands will suffer. Roads aioimpassable, and cannot ascertain much as yet. Average ther-mometer 71, highest 81 and lowest 04.
New Orleans, Louisiana.—There has bdbn no rainfall the pastweek. The thermometer has averaged 71. The rainfall for themonth of April is seven inches and twenty hundredths.
Shreveport, Louisiana.—The weather here has been verypleasant and roads are in good condition. The thermometer hasaveraged 72, the highest l)eing 83 and the lowest 01. The rsin-fall for the week is fifty hundredths of an inch.
Vicksburg, Missi.iippi.—The weather during the past we«klias been too cold.
Columbus, Mississippi.—Telegram not received.
Little lioek, Arkansas.—1 here have been but few clear daysthe past week, and more rain has fallen than was needed,though no harm done so far. It is now clear and pleasant.Average thermometer 01, highest 80, and lowest 48. Tharainfall for the week is four inches and twenty two hundredths,and for the month five inches and sixty-nine hundredths.Crop prospects were never better, both for grain and cotton.
Nashville, Tennessee.— It has rained during the week on threedays, the rainfall reaching forty-eight hundreiiths of an inch.The thermometer has averaged 0(5, the highest being 83, and thelowest 48.
Memphis, Tennessee.—Rain has fallen on five days of the week,to a depth of one inch and seventy-eight hundredths. Plantingis about completed in this neighborhcod, and much is up andlooking well. The weather has been too cold, the thermometerranging from 53 to 81, averaging 05.
Motnle. Alabama.— It has rained severely two days, the rain-
fall reaching one inch and eighty hundredths, but the balance ofthe week has been pleasant. Planting is progressing, and thecrop is developing finely. Average thermometer 71, highest 86,and lowest 58. Curing the past mouth we have had six andforty-two hundredths inches of rain.
Montgomery, Alabama.—No rain has fallen during the week.The thermometer has averaged 71, the highest being 87, and thelowest 5S. The rainfall for the month of April is four inchesand tifty-two hundredths.
Selma, Alabama.—We have had a slight rain during the weekon one day. The days have been warm, but the nights hKvebeen cold.
Madison, Florida.—We have had rain on one day, but the rest
of the week has been pleasant. The thermometer has averaged08, the highest being 81, and the lowest 55. The days have beenwarm, but the nights have been cold. Planting in this vicinity
is about completed.Macon, Georgia.—Rain has fallen during the week on two
days. The thermometer has averaged 70.
Columbus, Georgia.— It has rained severely two days during theweek, the rainfall reaching one inch and ninety hundredths.The thermometer has averaged 7.5. We have had a rainfall otone inch and eighty hundredtlis during the month of April.
Savannah, Oeorgia. —Rain has fallen on two days, to a depth oftwenty-five hundredths of an inch, but the rest of the week hasbeen pleasant. The thermometer has ranged from 03 to 88,averaging 72.
Augusta, Oeorgia.—The earlier part of the week we hadheavy and general rain, the rainfall reaching ninety-five hun-dredths of an inch, but the latter portion has been clear andpleasant. Planting is making good progress. Average ihec-mometer 08, hif^hest 85, and lowest 58. 'ihe rainfall for themonth of April aggregates five inches and fifty-three hun-dredths.
Charleston, South Carolina.—"^ « hare had light rains during
458 THE CHRONICLE [Vol- XXVllL
the week on two days. The thermometer has averaged 73, the
extreme range having been 62 to 80.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
May 1. 1879. We give last year's figures (May 2, 1878) for
comparison:
New Orleans Below high-water mark .
Memphis Above low-water mark..Nashville Above lew-water mark..BUreveport Above low-water mark.
.
Vloksbure Above low-water mark...
May 1, '79.Feet. Inch.4 717 4129 1
33 3
May 2/78.Feet. Inch.4 4
29 1112 1016 639 9
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1»74, when the zero of gauge was changed to high-watei
marli of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 10 feet above low-water mark at that point.
COMPABATIVB PoRT RBCBIPTS AND DAILY CROP MOVBMENT.
—
A comparison of the port movement by weeks is not accurs.te,
as the weeks in different years do not end on the same day of ilie
month. We have consequently added to our other standing
tables a daily ami moutUly statement, that the reader may cou-
stantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-niKbt.
PORT RECEIPTS PISOM SATDRDAT, APRIL 26, '79, TO FRIDAY, MAY 2, '79.
D'ys NewOr- Mo- 1 Char- Savan- Gal- Nor-
Wil-ming-ton.
All Totalwe'k leans. bile. estou. nah. vost'n. folk. other 9.
9Bat.. 373 506 108 631 438 3 49 2,563
Mon 1,031 332 77 966 97 477 4 989 4,026
Taes 854 102 151 513 19 834 31 700 3,270
Wed 1,480 132 68 374 227 743 50 321 3,395
Thur 164 277 72 440 444 586 28 564 2,575
Fri.
.
1,288 267 268 52 217 722 .... 3,64
9
6,454
Tot.. 5,19.3 1,666 744 2,979 1,004 3,800 116 6,77 22,283
The movement each montU since Se pt. 1 has been a8 follows:
MonthlyReceipts.
Year Beginnln 5 September 1.
1878. 1877. 1876. 1875. 1874. 1873.
Sept'mb'r 288,848 93,491 236,868 169,077 134,376 115,255
October.
.
689,264 578,533 675,260 610,316 536,968 355,3-23
Novemb'r 779,237 822,493 901,392 740,116 676,295 576,103
Decemb'r 893,664 900,119 787,769 821,177 759,036 811,668
January . 618,727 689,610 500,680 637,067 444,052 702,168
February. 566,824 472,054 449,686 479,801 383,324 482,688
March . .
.
303,955 340,525 182,937 300,128 251,433 332,703
AprU.. .. 167,459 197,965 100,194 163,593 133,1598 173,986
Tot.Ap.30 4,307,978 4,099,790 3,834,786 3,921,275 3,319,082 3,549,891
Pero'tage of tot. port
receipts April 30. 94 34 94-96 93-56 94-91 93-31
This statement showa that up to April 30 the receipts at the
ports this year were 208,183 bales more than in 1877 and 473,19-.i
bales more than at the same time in 1876. By adding to theabove totals to April 30 the daily receipts since that time, weBhall be able to rii-ach an exact comparison of the moveicentCur the diSerent years.
1878-79. 1877-78. 1876-77. 1875-76. 1874-75. 1873-74.
Tot.Mr.31 4,110,519 3,901,825 3,734,592 3,757.682 3,185,484 3,3-5,908
Apr. 1.... 9.393 15,764 S. 8,735 4,503 11,214" 2.... 5,570 9,831 5,311 8. 5,976 6,901" 3.... 6,78.s 6,610 6,277 15,839 5,160 8,003" 4.... ll,23t 5,114 4,836 7,094 8. 7,629^ 5.... 5,491 14,158 3,083 9,576 8,578 8.
" 6.... S. 5,^17 4,915 4,483 8,487 12,987" 7.... 10,317 8. 3,164 10,114 6,045 S.'ZOl
" 8.... 9,222 11,515 8. 6,441 4,485 7,6.14
" 9.... 5,310 9,724 5,973 8. 7,.i23 0,812" 10.... 6,86-J 9,790 4,406 10,675 5,319 5,842"11.... 7,649 4,729 4,48-1 6,138 8. 5,637" 12.... 6,885 9,816 2,347 6,639 10,101 8.
"13.... 8. 6,299 2,641 5,112 0,189 9,347" 14.... 8,031 S. 2,794 6,987 6,008 6,527
"15.... 6,566 7,629 8. 4,78-.i 3,285 6,847
"16.... 5,19M 5,707 5,136 8. 6,371 4,918" 17.... 4.350 6,484 2,579 6,759 2,983 6,974
"18.... 9,106 4,910 4,682 5,231 8. 5,721« 19.... 4,423 7,987 1,561 4,698 6,077 8.
"20.... S. 5,557 2,724 2,865 3,469 7,991" 21.... 10,014 8. 4,995 6,473 3,897 4,007
" 22.... 6,243 9,09l. 8. 3,714 2,843 5,672
" 23.... 4,541 4,94(i 5,923 8. 3,426 3,821
" 24.... 3,512 4,646 3,075 8,378 2,327 5,078" 25.... 7,450 3,346 7,402 4,547 8. 6,471
" 26.... 2,563 11,269 3,064 3,592 4,643 8.
" 27.... B. 5,519 2,680 3,478 3,93.' 5,735
"28.... 4,026 S. 1.502 5,181 4,375 6,394
" 29 ... 3,270 7,474 S. 2,956 3,141 3,972
"30.... 3,395 4.190
4,099,790
4,640 3,097 4,447 3,301
T*! Apr.30 4,307,97 3,834,786 3,921,275 3,319.082 3,549.894
May 1.... 2,57. 4,145 2,013 3,097 2,501 4,399
" 2.... 6,451 2,707 3,561 3,551 8. 4,976
Total 4,317,00-, 4,106,642 3,840,360 3,927,923 3,321,583 3,539,269
Percentage ol tot)'
pt. rec'i)ts MllV 2 94-50 95-10 93-72 91-98 93-56
This statement shows that the receipts since Sept. 1 up to-
to-night are now 310,38'> bales more than they were to the sameday of the month in 1878, and 476,ti47 bales more than theywere to the same day of the month in 1877. We add to the last
table the percentages of total port receipts which had beenreceived May 3 in each of the years named.
Error invisible Sdpplt L.vst Week.—We regret extremely
that, through an incorrect reading of one word received by cable, aVery serious error was made in our visible supply stitement of
last week The error was not dis overed until Monday, when weimmediately notified our Cotton Exchange and the corrections
were posted there. The defect was in the American afloat for
all Europe, the correct total being 486,000 bales, instead of 583,-
000 as given, making the completed statement as follows :
American— 1879.Liverpool stock 477,000Continental stocks 258,000American afloat to Europe 486,000United States stock 397.834United States interior stocks.
.
52,279United States exports April 25 500
1878.640,000344.000533.000445,75753.6663,000
1377.75.1,000377,000328,000573.42672.1874,000
1876.620,000304,000468,000533.52170,7.'b9
3,000
Total American bale8.1,671,613 2,021,423 2,109,613 1,999,280East Indian, Brazil, <tc.—
Liverpool stock 129,000 222.000 390.000 401.000Loudon stock 55.750 13.2.-)0 46.2.30 65,2.50Continental stocks 34,750 55,500 71.250 158.000India alloat for Europe 194,000 196,000 229.000 246,000Egypt, Brazil, &c., afloat •.;0,000 2i,000 34,000 51,000
Total East India, &0 433..500 ,508.7.50 770..500 921.250'Total American 1,671,613 2,021.42:1-2,109.613 1,999,280-
Total visible supply 2,103,113 2.530.173 2.880.113 2.920,530-
According to tuese figures, the decrease in cotton in sight
April 25 would be 425,000 bales compared with the same date of
1878, and 775,(jO0 bales compared with the corresponding date of
1877, and 815,417 bales as compared with 1870.
Bombay Suipments.—According to our cable dispatcli received-
lo.day, there have been 5,000 bales shipped fr.>m Bombay to-
Great Britain the past week and 25,000 bales lo the Coulinent
:
while the receip-s at Bombay durins; this week have been 44,000'
bales. Th,"i movement since the Ixt of Imuiry is as follows.
These figures are brought down to Thursday. May 1.
Bhipmenta this week
Great Conti-Brit'n. nent. lO""-
1879 5.0001878 6,0001877110,0(10
25,000 30,00016,000 22,00038,000 48,000
8liipinent.s sinc^^.Ian. 1.
Great <;ontl-
Britain. nent.
114,000 163.00019 4,000,264,000236,000 232.000
Total.
277.000458,000468,000
Receipts.
ThisWeek.
44.00036.00058.000
SinceJan. 1«
442,000-572,000'702,000
From the forego ng it would appear that, compared with last-
year, there has been an increase of 8,00) bales in the weeK'a-
shipments from Bombay to Europe, and that the total movement-since January 1 shows a decrease in shipments of 181,000 bales,,
compared with the corresponding period of 1878.
GoNNY Bags, Bagging, &c.—Bagging has been rather quiet
during the past week, and we do not hear ot any round lot»
being taken, though a fair demand is reported for small parcels.
The feeling is about steady, with holders quoting 8K§l0c., ac-
cording to quality. Butts h'<ve been in full supply during the
past month, the arrivals being heavy, and these parcels going
into manufacture somewhat lessened the demand, but there has
iieen enough inquiry to maintain a steady market. Early in the
month, a lot of 2,000 bales was sold ex ship at 2c. cash, since
which time there has been but little change to be noted, andholders are still quoting 24-@2 7-iUc., tlie latter for prime spin-
ning butts. Futures have been in good request, and transactions
have taken place to the extent of 3,0liO i ales of good bagging
quality, at 2 3-lC@i|c., with holders quoting these liguns at the
close.
The Exports of Cotton from New York this week show a
decrease, as compared with last week, the total reaching 3,474
bales, against 5,764 bales last w.-ek. B;low wrt give our usual
table showii g the txpirts of cotton from New York, aud their
direction, for rach ot the last four weeks; also th« lotal exports
aud direction since Sept. 1, 1878. and in the last column the t-jtal
for ihe same pKriod of the previous year.
ExpoR-rsoF Cotton (bales) from New York since Sept. 1, 1878.
I
Exported to—
LiverpoolOther British poi-ts .
Total to Great BRn-AiN
HavreOther French ports
.
Total French
Bremen and Hanover.Hainbui-gOther ports
Total to North. Eorope
Spain, Op'rto, Gibralt'r, &cAll other
Total Spain, &c.
Grand total
Week eiuling-
AprU9.
AprU16.
AprU23.
II Same
Total to periodApril date, previ'us30. year.
5,212 4,898 5,764 2,759 207,345 275,.521
......|I I
I
4,812| 2,063
.5,764 2,759,212,157 '277,584
715
5,212 4,898
393
150
393
179
2,200
715
150 2,379
i.302 7,6 :0 5,7(!4' 3,474
11,860100
11,960
13,7082,2022,335
18,745
5,610
5,610
218,472
5,023115
3,138
17,5944,957
10,182
32,733
!,398
Mav 3, IS79.] THE (milONlCLK 459
The following aro the reC4iptii ot oottnn at New York, Boatnn,i'hiladi'lpliia and Ualtimura fur the |>Mt waok, and »liicu Sepiein -
berl, ia78.
KaeolpUftom—
New York.
ThisI8iuoe
week. Sept. 1.
7,8tlO,
iJi'ii
ait
.tfl4
HintiOl
14.t
iy.'5,20.'5
111,H.V2i;ii,8«3 a 17
N. Orl'iuiHToxiMHnTiiniiuhMi>l>ilii ...
KiDlillH ..
S.CuroliiiaN.Car'IiniiVlrtfiniii.
.
Niirili.p'tH'IVnii., Ac.i'urulK" - •
Tilts yoar.
r.a«tyoar. Il,01i2;822,673| 5,.'S07 300,.'i70l 1,384
11»,8788!>,.'i81
yx.ftOSi;ii),()03
«,50«143,0(!8
u.aiu
Boaton.
Till*ISince
week. Sept. 1.
1,100
,223"27208,100
yM 402.41!) Ill2,209, 00,
100;ti»i
,8057
Philadelphia. I Baltimore.
This Since This| Since
week. Sept.l. week. Sept. 1.
1,401
12,412 812,217il0,941 3()4,0i)9j 1,618
8403,040
21,630
53,572
793
36546
43,048
18,14813,09951,388
2721,000
79,0.S2 1,375 147,570
(13.0241 2,360 134,293
BuippiSQ News.—The exports of rotton from the UnitedStates the past week, as per latest mail returns, have reached43,039 bales. So far as the Southern ports are concerned, theseare the same exports rep irted by telegraph, and published in
Tub CmiONrci.B. Inst Friday. With regnrd to New York, weinclude the manlfrstg of all vessels cleurod up to Wednesdaynight of this week.
Total bales.Nhw YoKK—To IJvorpool. per steamers Erin, 610 .\lgerla,
l!»7....CiiMiiiinilc, .''>77. .. .per ship Nartfell, 1,34.'> 2,7,59To llavro, jicr steamer Frani'C, 715 715
Nkw Oili.KANS—To LtveriMiol, per steamers Gaiipcs, 2,425Tcutunln. 4,298. . ..Chancellor. 1,283.... Aglii Sofia, 5,105....IMjrshlpHUnion, 2,734. ...Orient, 0,872 22,717
To Crou.stiult, per ship Bui-nnak, 3,214 per bark ArtlUerlet,1.701 4,945
To Barcelona, per steamer Martinique, 473 473To Vera <.'ni7., p*^^ steamer City of Mexico. 912 912
'Honii.K—To I.ivcrjwol, per bark On^soeiit, 2,017 2,017lUiAKi.KSTON—To Bremen, imt burk Mcrcur, (aiUlltlonal) 95
Uiiland 95To Itoval, per bark Iria, 1,775 Upland 1,775To Bariioloua. jicr bark Aiitonieta, 1 ,200 Upland 1,200
Bai.t1.mokk—To Ijverpool, per Btcamci"s Peruvian, 481 and 50liUKH 8ea iHland Ilibcruian, 547 1,078
Boston—To IJverixKil, i)cr eteamera Victoria, 3,426 Samaiia,300. . . ..Mtmorc, 150 3,876
Pun..\x>Ei.i"HiA—To Liverpool, per steamers Ix)rd Cllve, 350Naples, 17 307
Total 42,929
The particulars of these shipments, arranged in our usual form,are as follows:
Liver- Bre- Cron- Barcc- Verap(H)l. Havre, men. Reval. stadt. lona. Cniz. Total.
NewYork 2.7:>9 715 3,474NewOrriw 22,717 4,945 473 912 29,047Mobile....^ 2,017 2,017CharlestonT 95 1,775 .... 1,200 .... 3,070Baltimore 1,078 1,078Boston 3,876 3,876Philadelphia 367 367
Total 32,814 715 05 1,775 4,945 1,673 912 42,929
Below we give all news received to date of disasters to yesselscarrying cotton from United States ports, etc.
:
CriT OP LiMKRicK, stciuuer (Br.), from New Orleans for Liverpool,before reported, aiTived at QueeiKStown April 16 with a heavylist to port and shoit of coal. She proceeded.
GAIIOK.S, steamer (Br.), Baker, from New Orleans for Liverpool, put IntoKey West April 27 to repair machinery. She sailed again on the29th having repaired.
LAtrniioTON, steamer ( Br). See brig Nautilus (Ger.) below.ROBiNU, steamer ( Br.) Jones, fromNew Orleans, which went asliore at
Vargoc, got off and reached Reval April 13.Mabcia Grkknijcaf, ship, Bunker, from New Orleans for Keval, pnt
into Quceustown April 24 leiUclug ten inches per hour. A diver hadbeen niigaged to tlud the leak.
Maet E. Ri(;(is, Bhip (1,277 tons, of Bath, Maine), I.Angdou, from NewOrloaiiH with a cjvrgo of 4,942 bales of cotton. April 1 6, for Bremen,went ashore April 21 on French Reef, (Bahamas) and bilged.Wreckers left Key West April 24 for her assistance.
AsaSTASia, hark ( Span.), from Savannah for Ferrol, before reported atSt. Tliomas in distrPMs, has been condemned, and was to have beensold by auction April 21.
Nautilcs. brig (CSer.), from Porto Cabello, which pnt Into BermndaApril 6 ( ,•»« before reported), remained 24th, taking in a cargo ofdamaged cotton ex-stoamcr Lartington ( Br.), from Savannah forReval ( before reported wrecked), and would sail for New York in afew days.
March 5th. The Swedish brigimtine Fanny Aurora,' from Wilmington,which arrived at Quc^nstown April 11, reports that on March 5picked up a bale of cotton without marks or numbers. In lat. 32 N..Ion. 72 W.
CcTttou freights the past week have been as follows:
Satnr. Mon. Tues. Wednes. Thurs. Fri.
Uverpool, steam d.
do sail,, d.
Havre, steam c.
do sail c.
....®>4
3u®''32....®»8*
....®>4
3l6®f32
....®Bb*
....®>3
lOgjalj
....®»a
....®»8
....®...
-...®7i,....®...
....®l4
'l«®''32....®'»8
....®>fl
"32®«
....®>9
.-..®"8
....®...
....®7lg
....9...
....®>4
»18®''32
....®»8*
....®'a
16333.13
*»18®'^
...."aiH
....®»B
....®...
....®7ie
....®...
...®l4
Sie®'!)*
....'SiH'
....®>s
53a®'*918®%....®ia
....®. .
....®7ie
....®...
....®>4
3l6®''3S
....®v
....Wis
"a®*!,1633®!,
*»18®»8
....®'4
....®1>8
....®...
....^a>^u
........
Bremen, steam, .c.
do sail c.
Hamburg, steam . c.
do sall...c.
Amst'd'm, steam e.
do sail .. e.
Kaltic, steam d.
do sail d.
.ia®»,eIB^j^lj
•»ig®<>8....®ia
....®...
....«n,g
• Compressed.
LivKRPOOi..—By cable from Liverpool, we have the followingStatement of the week's sales, stocks, &c., at that port
,
Sales of the week bale*.KiirwardoflSales A iiiericanor which ex|mrtera took ....or wlilch speculators took..
Total stockOf wliicli American
Total Import of the weekOf which Amerieau
Aettiat exportimmint afloatOf which American
AprU 10. AprU 18. AprU 2S. Hay 3
00,000H.OOO
30,0004,0000,000
587,000475,00070.000S9,0005,000
264,000217,000
01,000fi.OOO
46,0004,0009.000
S4U,000442,00021,00014.0007,000
336.000267.000
se.ooo6X>00
42,0003.0007.000
606.000477.000100.00077,0006.000
313,000310,000
74,00011.00059,0004,00010,000
635,000514,000104,00097.0004,000
251.000IVlJOOO
The tone of the Liverpool market for spots and future*, oaeh day ofthe week ciKlIng May 2, and the daily closing prices of spot cotton,have l>ecu as follows
:
Spot.
Market, )
12:30 P.M.\
Mid. Upi'dsMid. Ori'ns.
Market,5 V. M.
SalesSpec. iSceip.
Satttrd'y.
i
Tuturet.
Market,5 I-. M.
Mod. Inq.freely
supplied.
6 as
O'lS
7,0001,000
Firmer,more buy.at Int. quo.
Monday.
Bas'r, andfr'ctlon'lycheaper.
«»1S6^
8,0001,000
Firm.
Toead^,
Uardeo'R.
OS,,
8,0001,000
Activeand
firmer.
Wedn'tdy
Bnof-aat.
IS.OOO4,000
tiulet,but
steady.
Thniad'y
6»i«
12,0003,000
strong.
FrMar.
Strong.
6N6ll,a
14.0003.000
Strong.
The actual sales of futures at Liverpool, for the same week, are givenbelow, TlicHc sales are on the basis of Uplands, Ix>w Middling clause,unless otherwise stated.
Satdbday.Delivery. d. I Delivery. d.
April 611.13 June-July 6%May-June, eag-iljj-s,, | July-Aug e^n
Monday.
Delivery. d.Aug.-Sept 6i'i3j
May-Jtue 6II33
Delivery. I
April 6833I
Apr.-May eSjaMay-June.. ..65is®»33June-July ...(>ii:(2*°isJuly-Aug. . . ti-J8-133,^3g
Delivery.April 6II33Apr,-May 6II32May-June 61132®%June-July 6'3o2July-Ang yi^ssAug.-Sept fila
8ept.-Oct 6'a®i''32April 6%
Delivery.April 61632-'3-l''32
April-May ul»32® "aMay-June. .. 6I632®'3June-July 6'3ai''33July-Aug 6»i«Aug.-Sept.. .
.6i»32®'8Sept.-Oct 6=8
Delivery.May 6i73o®isMay-Jime 61732® ^l
June-July 6»ig-i»32-0io|
July-Aug. 61933-68-l»32I
Aug.-Sept.6llig-J»32-i>BI
Sept.-Oct 6II18I
May fii'saI
Delivery.May e^sMay-June ..6''8-*l32-°8
Jnue-July ..62i33®UijJuly-Ang 62=33Aug.-Sept 65i®2633Scpt.-Oct 62633Oct,-Nov 6»8May 63I33May-June 62I33
Delivery. 1
Ang,-Sept C'lsI
April 6I4May-June 6'*Jiily-Aug 61I32Aug,-Sept 6I332
Tuesday.Delivery.
Apr.-May 6%June-July e'lgJuly-Aug 6'.3
Ang.-Sept 61733Sept.-Oct 0»i6®i'',32Miiy-June 6I333June-July 6I632
Wedxesdat.Delivery.
June-July 69>eSept.-Oct 62I32May-June 6"32®9i9June-July 61932July-Aug 6=8Aug.-Sept ,.62i33®iljgSept.-Oct 611ig
Thcbsday.Delivery,
May-June 61733June-July 61733-0,,Aug.-Sept 62I32May 6»igJane-July 6i»33July-Aug 608Aug.-Sept 61ii»
Fbidat.Delivery. I
June-July 62333|
July-Aug 6^Aug.-Sept 613,6 I
Sept.-Oct 6i3ig|May 6ii,g|May-June 6i:isJune-July (iHs'i»32
I
July-Aug. . . 62»33®13,g
July-AugAprilApril-MayMay-JuneScpt.-Oct.
Delivery.fi»s
«»3I6»3a6»32
, 67ig®lS3a
Delivery.Aug.-Sept 6»,8April 67igApr,-May 6i.1,3.j
May-June 67, gJuly-Aug 6I73JSept.-Oct 6»8Oot-Nov BI733
Delivery.May-June S^jjJune-July (JSjig
July-Aug 6"»33Aug.-Sept 6213aSept.-Oct,.. 62332a)l"u
Shipment.Oct.-Nov, sail 6=h
Delivery.Sept.-Oct 6233tMay-June 6»igJuly-Aug 6213aAug.-Sept 6*331
Shipment.Sept.-Oct., saU....63»
DeHvtry.Aug.-.Sept.. 627338113,,Sept.-Oct 6".iaMay-June 02333 a, :ij
Juue-July.6%-2632-i3,gJuly.-Aug 627,3Aug.-Sept..., 6»732®7gSept.-Oct 678**»3aOct.-Nov... 6*ia3®iiig
B R £ A O S T IT F F 8 .
Fbiday, p. M., May 2, 1879.
The flour market has been moderately active the past week,with rather more steadiness to prices. The demand has beenfair for export. West India shippers buying freely and giving
strength to medium extras from winter wheat, and fair extras
from spring wheat. There has also been a fair home trade-
South American buyers have bought more freely of Southernflours. To-day, there was a firm and partially dearer market,
with a good business done.
The wheat market has been more active, and prices showsome improvement. The comparatively small receipts at tha
West for some time, the unfavorable weather for the spring sow-
ing in many important localities, and the gradual reduction of
stocks, have encotiraged speculation. There has also been abrisk export demand. Yesterday, the business was large,
embracing No. 1 white f1 11(@1 \\%, spot and May, and |1 \\%@1 12^ for June ; No. 2 red winter ?1 13?^@1 14, spot and May,and $1 14@1 0% for June j No. 2 amber $1 12 on spot and for
May and June ; spring nearly nominal. To-day, there was ageneral improvement. No. 2 spring selling at f1 03 on the spot
and $1 00^ for June ; No. 2 red winter was }iQ*/ifi. higher, but
No. 1 white only blightly aivauced.
460 THE CHKONICLE. [Vol. XXVIII.
Indian corn materially improved early in the week, No. 2
mixed going at 43/4@44e. ; steamer do., i^Mc; and No. 3 at
42@42^c.; but the market has latterly weakened, under free
offerings on Western account. Yesterday, at the reduction,
tiere was a pretty brisk business, including No. 2 mixed 43%c.,spot and May, and 43%@44c. for June ; steamer mixed, 42/i@43c. on the spot, and 42^c. for June ; and No. 3, 41^c. on thespot ; also. No. 2 white, 47c. Southern corn continues in lim-
ited supply. To-day, the market was a shade firmer, but with-
out decided advance, and quiet.
Rye has shown a hardening tendency, after a material de-
cline, which took place early m the week, with No. 2 Westernselling in large quantities at 56/6@57c. The close is dull.
Barley is nearly nominal.
Oats have further advanced, with an upward tendency ; yes-
terday, No. 2 mixed sold for June delivery at 33%e. To-day,the market was quiet, with No. 2 graded closing at 33c. for
mixed, and 34>^c. for white.
The following are cloBiag quotations :
Floor.No. S ^ bbl. $2 40® 3 03Soperflne State & West-ern 3 20a 3 «')
Extra State, Ac 3 70® 3 sOWestern spring wheat
exlrns 3 65® H E5
do XX and XXX 4 iil)& S 75
do winter shipping ei-tras 3 W® i 20
do XX and XXX.. 4 ao@ 5 75Minnesota patents 5 250 3 00City ehipping extras 3 bO® 5 00fiontberu bakers' and fa-
mily brr.nds 4 r5^ (1 fO
Sonthemsbipp'g extras. 4 OOix 4 C"i
Rye flour, superfine 2 853 3 s!0
Com meal—Western,&c. 2 loa 2 :»
Com meal—Br wine. &c. 2 50ai 2 55
Grain.Wbeat-No.3 spriug.bashNo. 2 springRejected springKert winter No. 2WhiteNo. 1 white
Corn—West'n mixed.do No, 2, new . .
.
yellow Souttiern new.white Southern new.
Rye— WesternState and Canada
Oats—MixedWhite
Barley—Canada SVestState, 4 rowedState, 2 rowed.-. .. ...
Peas—Canada boud&free
to »13 921 oia 1 0^
7tia 78. ..1 HVi® 1 15... 1 W% 1 13
..1 llJi@l 11/,42^ 44
... 13X4 ...
44^ 4K46 « 4855® 67tiom uy,32.3 31
34^ 33... a ....
....a ....
754 »2
Receipts at lake and river ports for the week ending April 20,
1879, and from Jan. 1 to April 20, and from Au2. 1 to April 20
At—ChicagoMllwankee. .
ToledoDetroitCleveluudBLLonis 24.110
Peoria 2,325
Oalnth
FUor,bhis.
(ISUIbs.)37,78537, COS
1504 6J92,549
Wheat,bu»'h.
(1.0 lbs)i70 2)9lt,7,neo
6 ,52i
1U3,.^573.ti(iO
1S9,78310,5<i0
Corn,bu-h.
(5b Ibs.l
824,03215,39J
1B2.S156.0 )«
IBl.B'.O
4i:,',45
241,030
Oats,bush.
(32 lbs.'
27t:,':.57
5-.',fl5B
10,9^2
87.77817,t.0D
90.9878f,?(0
Barley,bush.
(48 lbs.)
15,380
11,872
si 1
4*2
6,2U)19,7949,000
Kyc,but<b,
(66 lb".)
10,5584,455
4502.-!,0-.l
3i,L00
661,96) fi5,4H 75,984356,717 «s,364 41,8.65Jli,414 7.1,827 8i,Uti2
411,434 96,193 4-,(>12
7,144,014 I,9!l 2S6 914,6986,312.521 3..302,a;6 1,213.0114,£07,265 1.807.717 673.5195,665,701 2 3:6,4;0 369,479
Total KS,7 9 89-,?87 1.824.6:8
Previonsweek 123,814 858,14) 1,160.4.14
Corresp'ng week,'78. 110.149 l,155,i-96 I,ti65,3«l
Oorresp'nn week,'77. «?,0;6 435,7'Jj 1,9S1,E08
Tot.Jan.lto Apr. 2i.2.014,4l8 17,786.824 23,242,793
Same time 187S I,!ill,li9 P, 57,4."3 23,4T9,2i2
8ame time 1877 I,.315,3v5 .S225,;;0I 20,'8',868
tS«me time 187ti 1,589.202 lO.MO.'-iJ I9,092,5;u
TotAng.ltoApr,23.4,8.''8 974 73,874,9 6.3,313,193 23.104,104 8 953.0-'2 3,871,041
Bametitnd 18"i7-a.. .4.i8J,53i M 012,743 5'<,5')S,843 I8,7.M,1'78 S,7»1.6i.ti 3.219.83:?
Same time 1876 7....4 C09.017 34,618.866 .V',3-i5.7'>!) ]5,5M,C5> 7.873,367 2,511,001Same timt 1375-6... 8,395,105 5J,6j?,5lb 39,591,248 20,318,881 7 033,068 I,6',9,329
Shipments of flour and grain from WeBtern lake and river
ports from Jan, 1 to April 20 for four years.Flour, Wneat, Com, Oat", Bar ey, Rye.bbls. bush. ba^h. bU!-h. bush. bush
Jan. 1 to Apr. 26 2.181.115 11477,8.18 13.637 393 5,13«,»05 1,611, l^^ fiIB,6B6
»ametiraelb78 1,909,683 16.86.5,408 17,130,><7J 3,0il'.2;0 1,296,988 9)1.S408ametimel977 l,29-',527 4,03P,048 13,820,218 3,113,210 1,106,','6 3.'i4,411
6amelimel376 1,729,225 7,4 0,14115,152,568 3,63l,.366 1,003,331 273,138
Rail etiipments of floar and grain from Western lake and river
ports,— Wheat,bush.8S0,3»4167,«99I8.',7i4
511,959
Cora,bush
1,695,0315a.','i88
762.893I,162,9i8
Oats,bush.833,955175,443',»6,9 9303,«5
Barley,bush.114,639»',93331,80042,215
Rye,bush.43,<I16
8,8-; 1
29 !t58
47.604
Week Flour,ending— bbls.
April 2-i, 1879 119,«23
April s7, 1^78 9',761
April 58,1877 HH.OliApril 29, 1876 100,103
Receipts of flour and grain at seaboard porta for the week ending April 26, 1879, and from Jan. 1 to April 20.
Flour, Wheat, Corn, '>
bn^h. bush.661.95) 771,19033,950 28 1, '•50
3' ,300 2,000400
391,900285,150
At— bbls.
Mew York 96,2 7Boston 3;J,5U
Portland 4000Montreal 3,6
Philadelphia 14, H 9Baltimore 1^,623
New Orleans 25,685
6,S3,030
187.30014l.2al
Oats,bush.
1.5-.',045
31,250800
2,40959,550S7,5CO99,5V8
Buley,bu^h.13,64114,900
l',6i7
1,00)
Rye,bush.16,136
4t;0
31,(00I,O0O
13,000
875,032419,492S'iS.lSe
30,61866,072
113,958
5,902,4.!4 1,320,1024,5n,823 2.001.025 1,509,6224,320,218 937,329 331, 7S66,0:0,000 1,658,221 103,664
66,5.36
107,8W89,83!
987,410
Total 192,633 1,611,8)0 2,448,711
Previous week m,.504 1.5S5,220 2838,155Corresp'ng week,'78. 177,e8! 511,655 1,9!'1,2.3B
TotJsn, 1 to Apr. 28 3,260,200 25,364,337 33,31.'i,904
Same lime ISTa 2,729,73:5 19,822,119 82,491,913
Same time 1877 2,147,189 1,81.1,763 24.8.'S 103
B»metimal876 2,b2i,581 7,217,015 22,137,361
Exports from Unitod States seaboard ports and fiotu Montreal,for week ending April 20, 1879.
Flour, Vmeft,bosh.
1,183,95516,80135,800
Fbok— bbls.
New York . E8,58611,6-5
3,725BoetoDPortlandMontrealPhiladelphia 2,358
Baltimore 3,393
Corn,bush.850,01314',r.9l
Cite,bush.2,770
Rye,bush.60,143
Peas,bush2,246
19,2J0
312.918247,982
714,207711,396
3)0iO 1,939
ToUl for week,. 110,357
Previonsweek 121,877
Two weeks ago 77,974
Same time iu 1878..
.
63,l5t
1,612,699 2,62!,7..7 3,150 62,(87 21,4161,321,518 1,593,107 4,7tfU 85,512 5.519l,f.2.',639 l,6:il,a)0 42,994 17.1,022 22,918756,511 2,291,155 17,935 148,822 16,9:3
The visible supply of grain, comprising the stocks iu granaryat the principal points of accumulation at lake and seaboardparts, and in transit by rail and afloat in Nei7 York and Chicago,April 26. 1870, wag as foliowe:
Wheat, Corn, Oat", Farley, Rye,Is Stobb at— l.nsh. bus-. huh. bush. boeh.
New York 2,118.011 I,n85.S»l .560,5\5 25:,0 2 40',734Albiny 601 2.,l.0) .59,.Wfl !Il,l)fi|l 53,000Buffalo 31l,iX!6 S9i,074 81,782 ;i9,4*-2 19.467Chicago 6417,313 2,9r;,99:) 356.630 331.617 161,364Milwaukee 2,540,191 21,624 141,925 231,0j8 121,290Duluth (10th) i6>,28!l 100,418Toledo 601,938 I,1S6,8^0 37019 24.00) 1,814Delroit 494.815 7J7 21,016 2,630Osve^'O 125.000 1.30,1110 25fl.O>PO 25,0003t. Louis 190.S7i !,13',300 123,896 29.823 2).c61Boston 4a.5;;9 213,000 92,9i3 8,560 101T.TOr.to 208,968 89 15.705 33 417.Monirta' (i;th) 115.585 Ui.lHi 22,993 8l,6i9 9e»Philadelphia t3T,5:2 250,0 ... ., 58 5'oPeoria 3,9.1 141,,i51 24,910 3,V» 41,973[ndi napolis 6 41) 66,,5S3 15,490 .... at«Kansas City 210,319 501,751 4,061 .... 1,060Baltimore 56,315 1,025,1^6K'.il shipments, week 860,881 1,693.031 3)3,3:5 Ill,6.)9 43,946Afloat in New York Eit.*.. 300,000 75,030 ... ....Estimated on lakes and in
vessels Lot cleared E0\CO0 1,2ro,000 ...
Total 16972,421 12.81«,'8) 1.8«5,491 ',64S4(0 9:2,603April 19,1879 18,140,4b3 12,:165,0:8 1,93S.<2) 1,971,918 1,011,699.^pril 12,1879 13,1*7.111 12,6'i^.2 5 2,129,4r. 2,2i.\60t 1,0'3,715Airjl 5.1879 13.335 997 12,,122,454 2,814.697 2 3:17.209 1.103,799March 29, 1879 19.114,257 13,(10,564 2.4:10,2-0 2,835,66 l,lf0 139March 82, 1879 20,090411 1.1,150.646 2,271.434 3.13J.433 1,218,595March 1.5, 1879 2n.98i,32r) 13,:1'I2,312 2.1.).',016 3,196,617 1,195,238April i?, 1878 79!l,433 9.76?,3;6 1,7699.'0 1,673,855 569,832
Note.—Estimate 1 afloat of wheat in Ne-.vYork li<»t wcL-kshould have been400 000 bush, instead of 40.000 bush , as published, milin^the total i;, 140,463bush,, instead of 17,7-0,463 bu h
THE T>RY GODD3 TRADE.Fbidat, P, M., May 2, 1879
The dry goods market has exhibited less animation the past
week, and busines,s has been moderate in all departments. Therewas a steady movement in staple cotton goods on account ef
former orders, but current transastions were chiefly of a hand-
to-mouth character, and comijaratively li.ght iu the aggregate.
Heavy woolens for men's wear were presented in greater variety
by manufacturers' agents, and this led to a slight improvementin the demand for fancy cassimeres, overcoatings, &c.—by the
clothing trade; but orders were placed with less freedom than
has usually been the case at this stage of the season. Therewas also a lull in the jobbing branches of the trade, and neither
staple nor department goods were as buoyant as of late. TheAmerican Print Works of Fall River, whose suspension was
noticed soms time ago, have effected a settlement with their
creditors, and will resume production in a short time.
Domestic Cottox Gixids.—The export movement in cotton
goods has been fairly satisfactory, and 4,500 packages were
shipped from this port to foreign markets during the wei^k end-
ing April 29, including 2,998 to Great Britain, 48,') to Africa, 30O
to U. S. of Colombia, 188 to Brazil, 123 to Venezuela, 94 to Cis-
platine Republic, 50 to British West Indies, 49 to Hayti. and the
remainder,in smaller lots, to other countries. Brown and bleached
cottons were in steady demand, and very Ann at the lately-ad-
vanced quotations. Colored cottons (such as denims, ducks,
ticks, stripes, osnaburgs, &c..) were also in fair request and flrm»
and grain bags continued in good demand and scarce. Stocks ofnearly all the above fabrics are exceptionally light in first hands,and many leading makes arel argely sold to arrive. Print cloths
were fairly active and firm at 'Syge. cash for 64x64 spots and nearfutures, and 3 7-16c. ca-sh for 56x60's, at which figures spinnerswere iinwilling to make long contracts, in view of the probability
of advanced prices. Prints were less active but steady with anui)ward tendency, and there was only a moderate demand forginghams, cotton dress good?), printed lawns and white goods.Domestic Woolen Goods.—There was a somewhat better
inquiry for heavy woolens, as a result of which moderate orderswere placed b.y clothiers for fancy cassimeres, suitings andcheviots. Plaid back overcoatings were sought for in consider-
able quantities by the .same class of buyers, and cotton-warpbeavers continued in fair re<][uest. Light-weight fancy cassi-
meres and cheviots were only in moderate demand, and wowtedcoatings have been taken with less freedom than expected byhoWers. Black cloths and doeskins ruled quiet, but prices ofthe best makes were steadily maintained by agents. Kentuckyjeans have received more attention than for some time pa.st,
and a fair distribution of the various qualities was effected bymeans of low prices and liberal terms. Printed satinets were in
fair reciuest, and moderate sales of blacks and mixtures werereported by agents. Worated dre.ss goods were taken in small
lots (to a fair aggregate amount) for the renewal of assort-
ments, and prices ruleti steady. Worsted shawls moved slowly,
but there was a steady demand for small parcels of Shetlandand lace shawls.Foreign Dry Goods.—^There has been a li^ht and unsatisfac-
tury demand for most descriptions of foreign goods at first
hands, and the jobbing trade was less active than of late. Silks
continued depressed and brought low prices when offered at
auction. Dress goods continued sluggish aside from the moststaple fabrics which were in moderate demand. Millinery
foods and ribbons moved slowly, and there was only a limited
eraand for linen and white goods, laces and Hamburg embroi-deries. Men's-wear woolens were slow of sale, but prices ruled
fairly steady in view of the light importation.