June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE,...

32
E . y) AMI xmm HUNT'S MERCHANTS' MAGAZINE, REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UVITED STATES VOL. 22. NEW YORK, JUNE 10. 187a NO. 572 i Financial. TBB National Bank-Note Co., (INCORPORATED NOVEMBER, 1859.) Ptj OFFICE, Xo. 1 WAI.I. STREET, NEW irORK. XHGIUTEBa or THB United States Bonds, Notes, Cnrrenoy and National Bank Notes. EHORATDia AKD PbiNTINQ O! BANK-NOTES, STATB AND SAILBOAD BONDS, POSTAGK AND RETBNUE STAMPS, CERTIFICATES, DRAFTS, BILLS OF EXCHANGE, AND COMMERCIAL PAPERS, In the highest styls of the art with tptelal tafe- gvardt deviwd and patented, te prevent coanter feiticg and altetatlonB. Thla Company engrsTes and prlnta bonds, postage itamps and paper money for variona foreign Governments and Bankinj^ Institntionfr—^outb American, European, West India Islands, Japan, &c. Comntunieation* may 60 addreeMtd to thii Company in any language, J. BU TAN ANTWERP, Pres't. jr. MACDONOVGH, Vice-PresH. A. D. SHEPABD, Treasnrer. rSO, E. OCRBIEB, Secretary. Asa p. Pottm, Pres.t. Sam'l Philups, Jr., Cashier. Maverick National Bank Financial. J.&W. Seligman&Co., BANKERS, S9 BXGHANC« PI.ACK, CORNER BROAD STREET, NEW lOliK. [ssne Letters of Credit for TrsTelerg, Payable in any put of Europe, A*la, Africa, Aostmlla and America. Drav Bills of Ezckange and make telegraphic trans- fers of money on Earope and CallfomU. BOSTON Capital, Sarplus, $400,000 > 175,000 Special attention iflven to COLLECTIONS, and prompt remittances made on day of payment. Huston business paper discounted. Correspondence invited. N. T. Beers, Jr., Brooklyn Stocks, GAS STOCKS, »X WALL STREET. Dealer In Railroad tnd Investment Stocks and Bonds Andrew Stuart & Co., BANKERS, 34 PINB STREET, JiKW YORK. DRAW E.XCHANGE ON DAVID STUART d: CO.. LlTCrpool, Pajable in Londop. Advances made on ConslKUments. Charles G. Johnsen, nERCHANT AND BANKER, P 166 GRAVIER STREET, HEW ORLBAirS, 5i A FISK & HATCH, BANKERS, NOe 5 NASSAU ST.« NRW YORK. We give particular attention to Dirbot Dkaltngs IN OOTKRNHKNT BONDS AT OUBBBNT HARKKT BATItS and are prepared, at bll times, to buy or cell In Idrse or amall amounts, to suit all clKsve^ of investors. Orders by mall or telegraph will rece* ve careful atten- tion. We Khali be pleased to fnrnlAh Information in reference to all matters conoected with Investments In Government Bunds. We also buy and sell Gold and Gold Coupons CoLLKOT Dividends, and Town. County and Statb Coupons, Ac. and buy and sell, on Couhissiok, all Mabkktablb Stock and Bonds. Inour BankinoDbpartmknt we receive deposits ' and remlttanc-ea Bobject to draft, and allow imereet to be credited monihly, on balances averaging, for the month, from $1,000 to $5,000, at the rate of three per f cent per annum, and on balances averaging over $5,000, at the rate of four per cent. FISK ft HATCH. M. K. Jesup, Paton & Co, B A N K B R S, Ifo. 63 XrUllain Street, New York, Draw Exchange on Union Bank of London. Accounts ot Banks, Bankers and others reoelveo upon favorable terms. Interest Allowed on Baianoes Subject to Drafts at Sight. Advaaces Biade npon Consignment* to oar addreas or to our Correspondents in Bnrope. Investment Securities Bought and Sold. Trask 6c Stone, BANKERS AND BBOKKRS, No. T NBW STRBET, MEW YORK, Transact a General Binklng Business. STOCKS. BONDS and GoLO Bought and Sold on CommlsEion, and carried on Margins. Ueposlta Received an 1 Interest Allowed. IV Accounts ot CotiBtry Banks and Bankers re- ceived on favorable terms. Hilmers, McGowa n & Co BKOKKUS IN FOREIGN EXCHANGE AND GOLD, 63 IVall Street, New York. (P. O. BOX 2,S47.) Special attention paid to the negotiation of Com merdal blUa. Financial. Samuel R. MacLean, BANKER, (EBTAIILISIIKO 18(3) 00 Rroadwar, N. E. Cor. of IVall Street, NEW YORK. MlHcotlaneons Investment BecurlUes. Commercial Paper, Kxchange, Drafts, Kte. Collections madft tliroughouttlie United States and the World. XDHUMD D, UAKDOLPB. HOWKLL W. B10K1,ST' WILLIAV J. BLACK. '^ew-Vo^'^ xJOQMVWNfc>. ''///lAoDf*^ WM. W. WAKEVAX. JAS. B. JtsUF, JR.. AABON OOKCLUC Member N.Y. Stock Ex. Wm. W. Wakeman & Co BANKERS AND BROKERS, 36 WALL STREET. (jOTernment Securities, Stocks k Bonds^ ALSO, CAHFOBNIA AND NEVADA MINIIVG STOCKS BOUGHT AND SOLO ON COMMISSION. Quotations of all the active Mining Stocks of th«* 8an Francisco Stock Board, al>d Mlnlna newsreoelved dally, furnished by mall to any party deslrlDg the In- fomiatluD. Edward C. Fox & Co., STOCK BROKERS, ' to BKOAD ST., NEW YORK. Btoeka, Bonds and GeTtmment Secnritiae bought: and sold at the New York Stook Excbange. We £iTe Special Attention to State,. Cltjr, CouBtj and Toivn Bonds, and' Secnrltlea of defaulted Railroads for' ivlileli there Is no resniar market. QUOTATIONS FORNISHKD. H. Amy & Co., BANKERS, 10 tc 21 Nassau Street, Neir Tork. TRANSACT a general binring bnslneai. DBaL In toresinient securities. BUT all descriptions of UNUUKRKNT Bonds, slao ' Bonds KEPUDIATK.D by ClTlib) and COUNT1B8. J. Middledith, " X EXCHANGE COURT, NEW TORK, . Member New York Stock Exchange. BROKER IN UNDOUBTED STOCK FREVILEGESa %

Transcript of June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE,...

Page 1: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

E

. y) AMI xmmHUNT'S MERCHANTS' MAGAZINE,

REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UVITED STATES

VOL. 22. NEW YORK, JUNE 10. 187a NO. 572

i

Financial.

TBB

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

Ptj OFFICE, Xo. 1 WAI.I. STREET,

NEW irORK.XHGIUTEBa or THB

United States Bonds, Notes, Cnrrenoyand National Bank Notes.EHORATDia AKD PbiNTINQ O!

BANK-NOTES, STATB AND SAILBOAD BONDS,

POSTAGK AND RETBNUE STAMPS,

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

In the highest styls of the art with tptelal tafe-

gvardt deviwd and patented, te prevent coanter

feiticg and altetatlonB.

Thla Company engrsTes and prlnta bonds, postage' itamps and paper money for variona foreign

Governments and Bankinj^ Institntionfr—^outbAmerican, European, West India Islands, Japan, &c.

Comntunieation* may 60 addreeMtd to thii

Company in any language,

J. BU TAN ANTWERP, Pres't.jr. MACDONOVGH, Vice-PresH.A. D. SHEPABD, Treasnrer.rSO, E. OCRBIEB, Secretary.

Asa p. Pottm, Pres.t. Sam'l Philups, Jr., Cashier.

Maverick National Bank

Financial.

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

S9 BXGHANC« PI.ACK,

CORNER BROAD STREET, NEW lOliK.

[ssne Letters of Credit for TrsTelerg,

Payable in any put of Europe, A*la, Africa, Aostmlla

and America.

Drav Bills of Ezckange and make telegraphic trans-

fers of money on Earope and CallfomU.

BOSTONCapital,Sarplus,

$400,000> 175,000

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

invited.

N. T. Beers, Jr.,

Brooklyn Stocks,GAS STOCKS,

»X WALL STREET.Dealer In Railroad tnd Investment Stocks and Bonds

Andrew Stuart & Co.,BANKERS,

34 PINB STREET, JiKW YORK.DRAW E.XCHANGE ONDAVID STUART d: CO.. LlTCrpool,

Pajable in Londop.Advances made on ConslKUments.

Charles G. Johnsen,

nERCHANT AND BANKER,

P • 166 GRAVIER STREET,

HEW ORLBAirS, 5i A •

FISK & HATCH,BANKERS,

NOe 5 NASSAU ST.« NRW YORK.

We give particular attention to Dirbot DkaltngsIN OOTKRNHKNT BONDS AT OUBBBNT HARKKT BATItS

and are prepared, at bll times, to buy or cell In Idrse

or amall amounts, to suit all clKsve^ of investors.

Orders by mall or telegraph will rece* ve careful atten-

tion.

We Khali be pleased to fnrnlAh Information in

reference to all matters conoected with InvestmentsIn Government Bunds.We also buy and sell Gold and Gold Coupons

CoLLKOT Dividends, and Town. County and StatbCoupons, Ac. and buy and sell, on Couhissiok, all

Mabkktablb Stock -« and Bonds.Inour BankinoDbpartmknt we receive deposits

' and remlttanc-ea Bobject to draft, and allow imereetto be credited monihly, on balances averaging, for the

month, from $1,000 to $5,000, at the rate of three per

fcent per annum, and on balances averaging over

$5,000, at the rate of four per cent.

FISK ft HATCH.

M. K.Jesup, Paton & Co,B A N K B R S,

Ifo. 63 XrUllain Street, New York,Draw Exchange on Union Bank of London.Accounts ot Banks, Bankers and others reoelveo

upon favorable terms.

Interest Allowed on Baianoes Subject to Drafts at

Sight.

Advaaces Biade npon Consignment* to oar addreas

or to our Correspondents in Bnrope.

Investment Securities Bought and Sold.

Trask 6c Stone,BANKERS AND BBOKKRS,

No. T NBW STRBET, MEW YORK,Transact a General Binklng Business.

STOCKS. BONDS and GoLO Bought and Sold onCommlsEion, and carried on Margins.

Ueposlta Received an 1 Interest Allowed.

IV Accounts ot CotiBtry Banks and Bankers re-

ceived on favorable terms.

Hilmers,McGowa n& CoBKOKKUS IN

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

(P. O. BOX 2,S47.)

Special attention paid to the negotiation of Com

merdal blUa.

Financial.

Samuel R. MacLean,BANKER,

(EBTAIILISIIKO 18(3)

00 Rroadwar, N. E. Cor. of IVall Street,

NEW YORK.MlHcotlaneons Investment BecurlUes. Commercial

Paper, Kxchange, Drafts, Kte. Collections madfttliroughouttlie United States and the World.

XDHUMD D, UAKDOLPB. HOWKLL W. B10K1,ST'

WILLIAV J. BLACK.

'^ew-Vo^'^ xJOQMVWNfc>. ''///lAoDf*^

WM. W. WAKEVAX. JAS. B. JtsUF, JR.. AABON OOKCLUCMember N.Y. Stock Ex.

Wm. W. Wakeman &CoBANKERS AND BROKERS,

36 WALL STREET.

(jOTernment Securities, Stocks k Bonds^ALSO,

CAHFOBNIA AND NEVADAMINIIVG STOCKS

BOUGHT AND SOLO ON COMMISSION.

Quotations of all the active Mining Stocks of th«*8an Francisco Stock Board, al>d Mlnlna newsreoelveddally, furnished by mall to any party deslrlDg the In-

fomiatluD.

Edward C. Fox & Co.,

STOCK BROKERS, •'

to BKOAD ST., NEW YORK.Btoeka, Bonds and GeTtmment Secnritiae bought:

and sold at the New York Stook Excbange.

We £iTe Special Attention to State,.

Cltjr, CouBtj and Toivn Bonds, and'Secnrltlea of defaulted Railroads for'

ivlileli there Is no resniar market.

QUOTATIONS FORNISHKD.

H. Amy & Co.,BANKERS,

10 tc 21 Nassau Street, Neir Tork.TRANSACT a general binring bnslneai.DBaL In toresinient securities.BUT all descriptions of UNUUKRKNT Bonds, slao '

Bonds KEPUDIATK.D by ClTlib) and COUNT1B8.

J.Middledith, "

X EXCHANGE COURT, NEW TORK, .

Member New York Stock Exchange.

BROKER IN UNDOUBTED

STOCK FREVILEGESa %

Page 2: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

ii THE CHKONICLE [June 10 1876.

Financial.

Drexel, Morgan & Co.,WALI. STKEET,

CORNER OF BROAD, NEW YORK.

Urcxel & Co.,

So. 31 SoDTB Thud St..

DrescI; Harjcs & Co

81 Bouliivard Hsussmanii

PbiladeJphia ParU.

DOMESTIC AND FOREIGN BANKERS,nenoflta received guhjt^ct to Draft. Securiltes.Oold,

Ac, buugbt aiKi dulit uu Co iimlseioa. iDiere'C allowed«D I eiiosit". PorelKu KxcliauKe. Conuiierclal C edits.Ciib'e 'Iransfer-. CtrculHr Letters for iraveicra,ftTdi.ab.e ill nil p*i l* of the world.

ATTORSKVa AKD AOBN'TS OF

neaara. J. M. iUoKtiAN & CO.,No. Si OLD BROAD ST., LONDON.

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

. laaae Circular Notes and Letters oi

Credit for Travelers; also Cotiimercial

Credits available in all parts of the World.Negotiate First-Class Railway, City and

State Loans ; Make Telegraphic Transfers

of Honey;

AND DRAW EXCHANGE ON

Morton, Rose & Co., - London,HoiTiNGUER & Co., - - - Paris.

Hope & Co., - - - Am.stbbdam

AOENCT OF

Merchants' BankOF

Canada,63 W^ALIi STREET.

Capital. ..... $9,000,000 Gold.Pam np, 8,128,626 "£i:i8 of Exchange boaght aad sold, Commercial

Credits granted. Drafts on Canada issued. Dills collect-

ed, aad otller Baokin? b.uainesd transacted.

WALTER WATSON, (..„„„„WM. J. INGRAM, 'J-

Agents.

fcONPON AGENCY. 32 I.ombard St.

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

BtRING BROTHERS & COmPANY,S2 WALL STREET. NEW YORK,

S8 STATU 8THERT. BOSTON.

Financial.

John Munroe & Co.,Ho. 8 Trail Street, New York,

No. 4 Poat Offlee Square. Boaton.CHKQUES AND CABLE TKANSFEKS ONMVNRWB * CO., PAKIS.

STERLINQ CHEQUES ONALEXANDERS. CUNLIFFSS Sc CO.

Iiondou.SIXTY DAT STEHLING ON THE

OONSOI.IUATED BANK, LONDON.

CtROULAB SIOTSS AND CREDITS FOB TEAVKLBBSI

Winslow, Lanier & Co.,BANKERS,

« PINB 8TRKBT. NEW YORK,

^aeelve the aocoonts of Interior banka, btinkers

eev^itorations and Mercbants,

Agentt for the sale of City. Connly, and RailroadBonds ; Issue Letters of Credit for forelga travei.

LONDON CORRESPONDENTSCITY BANK. Ttarwadneedls Street.

Knoblauch

& Lichtenstein,BANKERS,

39 TriUlam St., cor. ExchanKe Place,NEW YORK.

Make Telegraphic Money Transfers.Draw Bills of Exchange and Issue Letters of Credit

on all prlnctittl cities of Europe.SPECIAL PABTNER,

DEUTSCHE BANK, Ber In.

R, T. Wilson 6c Co.,BANKEES AND COMMISSION MERCHAN1S

2 EXCHANGE COURT.Liberal casli rdvarces made on conslgnmenrj o'

Cotton and Toltiiccotoour address ;also to ourlriencsto Liverpool and London.Boverument Seourltiea, Gold, Stocka

and HuudaB^^nght abd Sold on Commission, and

I.O.»>'n NEGOTIATED.AccoQDts received an<l lutereitt allowed on balance-

irhich may hf cht^c^ed fiirai sleht.

J H. Haak, ,T. HeNOSTLKB. E. M. R.wex,Member Gold Exchange. Memhcr stock Exchange.

Haar & (Jo ,

B.ANKERS AND BROKERS,No. 45 Wall St.

DEALERS IN SPECIE AND UXITED STATES SE-CURITIES. lil'V AN"D SELL STOCKS, BONDS ANDGOLD FOR CASH, OR ON MARGIN. SPECI.VL AT-TENTION P.Ml) TO ORDERS FOR INVESTMENTS.ORDERS EXECl'TED AT THE PHILADELPHIA

AND BOSTON STOCK EXCHANGES.

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

B4^KFRS AND BROKERS,

64 BROADWAY AND 19 NEW STREET,

P. O. Box 425:1. NeiEV York.

Orderi 'n OoTernraeTit SecurttlM. railway Share?acd HoD<)4. exe> uie<i srrl'.tly uu Cuiumlssiun.at iiieNew yrrk Sro -k f*i*Tianfire.Particular alt^'nt}on palil to iDTeatments. Forelprn

Pxctiaujfe Houiiht anil Sold. Ueposits received aui-ject to eUht cu-ck, and InTeresr allnwcd on di.:-"balance-*, accorclna to the nainre of the accoun";.Pioinpi artent'ori k Vfn to Colleciooa and Kemit-

tan<'f*8. iQformitlon coDcemtDsra ysp>'ctfied8ecuri:vwill be cheerlully furuUhed without ch-ifKe.

K. W. GiLLRY Jr. E.S.Gillb.-Weiiiber N. T.Siork FxchanRe-

J. NKLrto«f Tappan, Special.

VERMILYE & CO.,BAKKFRS,

16 and 18 Kaaaan atreet. New %ork.

DEALERS IN ALL ISSUES OF GOVERNMENTSECUKITIES.

NEW rOr.K CITVISO

BP.OOELTN BONDS.

BUT AND SELL ON COMMISSION

RAILWAY »TOCK!S, BUNDS Jk GOLD.

INTEREST ON DKPOSITS.WASH N B. VEKMILTE.

IDONALD MACKAT,

JAS. A. TKOWBRIOGK.I LiTHAW A. FlSU.

Greenebaum Bros.& Co.,BANKERS,

1 Nassau Street, New Y'ork,

(CoKNEE OF Wall Stkeet.)

CHICAGO HOUSE : HENRY GREENEBAUM & CO.

Issue Bills of Exchange, Travelers' and Commercial

Credits, also Telegraphic Transfers of Money, avail-

able in the leading cities of Europe and the United

States.

Deposit accounts received on favorable terms.

Buy and sell Stocks, Bonds, and Gold on Commis-

sion.

AT7eUBTU8 J. BBOWK. WALBTON H.BBOWS.

Aug.J . Brown & Son,BANKERS,

34 Pine Street, New York.

S^BUIAL ATTKNTIOM GIVEN TO THE NSOOTIATIONOir

RAILROAD SECCniTIRS.

Grant & Company,BANKERS AND BROKERS,

N«. 33 VTALL STREET.TRANSACT A GENERAL BANKINX} BITStNEBS

STOCKS BOUGHT AND SOLD ON COMMISSIONINTERESTALLOWED ON DEPOSITS.

B. Srroui OBAar. Q. St. Joaa SHsriaia.

Financial.

Henry S. King & Co.,BANKERS,

45 Pall Ktall, London, England.Issue CIRCULAR NOTES /Teo 0/ cAar;;*, avallaWi

In all parts of the world.

Oraut COMMERCIAL CREDITS for use agalut

Consignments of .Merchandise.

Execute Orders on the Loudon ftock Eichange,

Make Collections on al Points. Receive Deposit

and Current Accounts on favorable terms, and do a

General London and Foreign Ganking Business.

KING, BAILLIE & CO., Ltverpool.

NEW YORK CORRESPONDENTS,neasra. WARD, CAIVIPBELL & CO.

STOCKS and BONDSAt Auction.

The onderfigned hold REGULAR AUCTIONSALES of all classes of

STOCKS AND BONDS,

WEDNESDAYS AND SATURDAYS.

ADRIAN H. nVLLER ^k SON,

No. 7 PINE STREET, NEW YORK.

I

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

No. 43 PINE STREET, NEW YORkJty REGL'LAP. AUCTION SALES

or

STOCKS AIVD BONDSJEvery Monda'j and Tliursdau, er

Special Sal«s Mads on all othkb Dats,

VPOS ONE DAY'S ^OTICE, WHEN RhQUlKKDl

Oui- £»ta1>]l«>lied Custom 24 VearsJ

jy Stocks and Bonds bought and sold at the Ne^

Tork Slock Exchinge, and at p ivate sale, en couimli

Blou.

ZW Securities not dealt In at the Stock Boards i

epecnl'y with th's house for many years.

Uf Firai-clasg Munic'.piil Bonds, Railroad Bondt

and other incorporated losua negotiated on liberal

terms.

G, Buckingham, Jb. Edwaed B. Undehhill.

Buckingham& Underhill(Memliers New York Stock Exchange.)

BROKERS IN

STOCKS, BONDS, GOLD,AND OTHER SECURITIES,

No. 16 mrall Street, New Vork.

Adolph Bcissevain & Co;BANKERS

AND

commissiON ioercha^its,AMSTERDAM, HOLLAND

Buy and Sell on Commlss'on American Eecuritie*

la Holland and oti.er Contlnenial Markets.

Make ColKctions throughout the Conticeat ol

Europe.Make PsTTEaata on Letters or Credit to Traveler*

and transact a general American Banking Buslcess.

Refer by apeclal permission to Messrs. Blake

Brothers & Co., Boston and New 1 ork, and to Messr*

S. & W. Welsh. PhUadelphia.

<l

Alex Frothingham & Co.BANKERS AND BROKERS,

No. la WALL STREET.Reliable STOCK FRIVILEGES negotiated at faroio

able rates. Stocks bought and aold on a margin ot

five per cent. Circulars and Weekly Fuaadal Bq>ortsect free

fl

Page 3: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

J.in3 JO, IbTe.J iHE CHRONICLR Ui

Boston Baa^ers

Chas. A. Sweet &: Co.,BANKEIiS,

40 STATE STREET, BOSTON.

DEALKRe IN GOVERNMENT SECURITIES, Gold,

State, City, County and Railroad Bonds.

Richardson, Hill 6c Co.,No. 1 Sihmo.n'9 BuiLDi.ve, 40 ^ater St.,

Buklnrca Paper boujtbt and sold,Dcponlta received, Goll< clloiia made,

Adraiicea on tolluterala,Iiiveolineiil Seiurltlea.

Orders for all Flrgt-Cia^a Securities executed enCoiiniil4»lou.

Parker & Scackpole,BAN&KRS. 73 OKVONsaiRK BTRSKT

BOSTON,

Bnr and Sell Weatern Gltr andCauntr Bonds.

Brewster, Basset 8c Co.,

BANKERS.No. 3a CONiiKESS STKEET,

Boatoii, iUaaa.

Dealers In Btocbs, Bonds, Gold and Commercial

paper.

Orders executed on Commission at Brokers Board

Auctions, and Private i;ale.

Investment Securities c<»u8*aDtIvftn hnn/-,

Kidder, Peabody & Co.,

BOSTON, niASS.

i^ojmaaotAL ahd Cibculab Lanass of Cbsdit

[tSUBO ATAILABLB IN ALL f*ABTa or TBB WoBLD.

EZOBAKeB

OH l,Oin>Oir, PaBIS. AKD OTHBB CONTUtBlTTAl.

CiTIBS or KCBOPB.

New York Office, 38 Wall street.

Phila. &. tsaltimor-) Baokers.

Cassatt & Co.,Bankeradc Membera orstock Exchange

No. :3 SOUTH THIRD STREET,

PHILADELPHIA.Transact a General Banking Business. Buy and sell

Stocks, Ac, strictly on Commission only. OrdersfBltbfuUy executed.

J.Bell Austin,STOCK BROKER,

Ho. 319 WALNUT STREET,Pblladelphla.

OT<)ers In Stocks and Bonds prompilr execnted attte Pbiladelpiila and New York Boards.

Wilson, Colston & Co.,BANKERS AND BROKERS,

BALTIMORE.IHVESTMENT and VIRGINIA BECtlRITIBS »

ipeclalty.Correspondence solicited and Information fur^n atshM.N. 1 . CoBBBSPoyDBSTS—\HKIm Brothers A Co.

Southern Bankera.

THE CITY B.ANK OF HOUSTON,Capital, $aOO,000,

H OUSTO N, Te X AS.Wc give special attention to collections on all acces-

sible points.IliRBCToBS.—Benjamin A. Botu, Pres't: W.J. Hut-

chins, Wm. M. Klce, A. J. Burke. C. C. Kaldwin, W. B.Botts, C. B. Longcope. BENJ. A. BOTTS, Prest.B. F. WEE.MS, Cashier.

1. B. BinutCBe, Prea't. A. K. Wauub, CaBhlet.

First National Bank,\YII..TIINUTON, N. C.

CoUectlou nude on all pute of the United States

Southern Bankers.

Sam'l H. Kx.vnbdt,Prs-I.ient.

CBAS. 1,. C. Ut'PUT,Caanier.

Capital, $850,000. Limit, 91,000,000.

State National BankOP NEW ORLEANS.

(FOBMBRLT O0ISU.VA STATI BaKB )

Transacts a General Banking Unslness. Collecttotsm^de free of charge.Especial attention gl en to ColleetlODS, and Prompt

Remittances mad-. Kxchaoge pnrcliased on all pointsthe United Stales and cansd <,

Sterling and fiancs bought ami sold.

CORRKSPONDKNTS.l.o»Dj(—London Julnt Btoik Bank,Pakis— Messrs. A.& M. Hei..e.

Nmw Vokk—The Bank of New York, N. B A.Sax FSAxctsco— ihe Bank of California, and The

Nevada Bank of San FrancUco.

Adams & Leonard,

BANKBR8

DALLAS, TEXAS.

lew Tork Correspondent Konnt>!R B-op.

TUUB. p. HILLBa, B. U. WIIMABS, J.\0. W. MlLLBB

Thos. P. Miiler & Co.,BANKEKS,

ITfOBILE, ALAKAIVIl.Special afentlon piui to colleciloar, with prompt

reiiilttances ai curreui rates of eiuliatiKe i-u dny v.f

pajm-Bl.I trrrtKponde-^te. — OermaM American Bink, Sew

7ork ; LouUtaiiH Natlunal BaulL. New Or.eauA; iia4.kot Liverpool, iilver|iool.

James Hunter,HHOKEH,

Dealer In Coin, Southern Securities and ExchanKeLoans Negotiated. Advatices made on Seuarltlrt

laced in mj bands lor sale at eurreut rales.

Adorass,

Savannab, Gcorsla.(P. O. Box HI.)

Refers to Bonry Talmadge A Co., New Tork; Sonlb-• rn Bank, Savannah. Ga.

Western r^ anker.F. J. Kbbbt, President. S. U. COLLixs, cashier.

The Exchange BankOP DENVER, COLORADO.

Capital Stock, . • . . $310,000.

Special attention given to Collections, and to thebiTestlng of tnoney on tirst-clasa real estate security

for noii-resldents.

CORRESPONDKSTS.Tradesmen s National Bank, and Gllman, Fon A Ce.

New Tork ; Wells, Fargo A Co.'s Bauk, San F raucitco

BANKERS AND BROKERS,

ST. LOUIS, mo.

DEFAULTED MtSSODRI CODNTF, CITT ANDTOWNSHIP BUNDS MADS A SPECLALTV.

ALSO,

BAILBOAD BO;lOS. STOCKS. MISCELLAKEOUSAND LOCAL SECUKlrlb.8, ETC.

Onr long experience In abore class of Securities

enables us to be prepared to make cash bids by wire

to parties giving full description.

T. K. Skinker,ATTOKNEY-AT LAW,

41T Olive Streets ST. LOUIS, MoQP~ Special attention given to the collection o

MGNICIPAL BONOS.References—J. K. LitfDt>crger. t'ri^s'i I'htrd National

Bank, St. Louis ; Wm. h. ^^ ater^, Prrs t teco^ft Nat.Bank, tt; Louis ; Kdward P. Curtis, Casher Naf bankof the State oi .Mo., St. Louis; Wm. U. 'Ihumton,Ciishier Boatmen's Saving Bank, cjt. Louis.

Love & Co.,BANKET. 6 AND BROKERS,

ST. LOUIS, no.Cash adTiDced on Stocks and Bonds left f»r Sal*.

We«t«ni Banker •.

THE

Anglo-Californian Bank(LIMITED).

LONDON, Head Office, 8 Angel Conrt.

•AN FRANCISCO Office, iU Califonila St.

NEW YORK AEcnts, J. A W. Bemnnan A Co,

Anthorlzed Capital, • • $6,000,000.Paid-up and Reserve, - 1,<SO,000.

Traniaci a general Banking Baiinesa. Issue Com-mfrclal CrsdiU and Bills ot Exchange, available la all

part* of the world. Collectinna and orders tor llonils

Stocks, alo., executed noon Ibo tnost favorable lenaaFItKll'K F. LOW, («.«..-,.IG^AIZ »TKISHART,{ "'"*"••

P. N. L'LIENTHAL Cashier.

Smith & Hannaman,INTBSTKIBNT BROKERS,_ INUIANAPOU8. IMDIAWA.

CBAS. F. PXXZBI., Wx. KiBTBX, CBBBD T. WaLKBBPresident. Vice-President, Ca.bler.

German Savings Bank^LITTLB ROCK, ARK.

CASn CAPITAL WB/m.Trsnsartsa Keneral banl:lng business, andmaK^eaV

lecttonf on all points In the South and Boatbweatat•easonatile rattrs. Accounts of Banks, Bankers, Maiwcnantv and others solicited.UoAHD or 1>irbctobs.—C. F. Penxel,Wm. Klrtea.

Judge (J .M. Rose.Jno. K. Geyer.O. w. Johnson, Geo.Keichardt. ,1. K. Broflle. A. Hrhader. Jno. G. Fletcher,

N. V. CoKRsapoNDB.NTS, Donnell, Lawson A Co.

Financial.

Morse, Kimball & Co.,BANKERS,

18 Neiv Street, Neiv fork.Members New Fork Block and Gold Exchanges.

oJ^M^SAUST. co/tPmsT"

Capital,* 1000.000./ Hows int4're«t on deposits, returnable on demand,

or at si<e':.tled dates, la aittaoriaea to act as F.xecutor,Ai.ministritor, Guardian, Hecciver, or Ti ustee. Like-wUe, IS a legal neposlttiry lor money paid Into Court,or by ;.>rder of any ^u^rt-ga;e. Individuals. Finns anaSccletles seeKing Income irom tnoney in abeymice. orat rest, wilt flau SA.fety and advanuge iu tuu insuta-tion.

HESHT K. SPAaLDING, President.BENJ. B. t^HEU.MAN. I ViceFKeuEHICK H. Cui^SlTT. (Preaideati.C. H. p. BABCOCK, Secretary.

hXECVTlVE COMMmLt,:Jacob D. Veniiliye, Au.oa K. Lno,BenJ. B. cb'rnian, Frederick M. Cossitt,Sam'l U. b>bcock, Isaac N. Pbelos.Maitlu Baica, Edmund W. Corlias.

BOARD OF TRUSTEES.Samuel D. bat,cock,Jonathan lliorne,Isaac N. Ph-Irs,Jo;iah M. FItke,Charles G. Lanaon,Eamuad vv.corlies,Freiieriik H.Cu>sitt,William H. Appl.toa.Gu-tav *( hwau.David D' WB,Ma'tiu Hates,William Allen Katler,J.mea f. Wallace.

Henry F. Ppauiitlng.

B'lijam.n B. Sherman,GeorKe W. Lane,Jacob D. Vermilye,Geo. ai arenllcch Miller,.Koawell Bkeel,A. A. Low,Adrian lacltn,Amos K. fno,Ciiarlea G. Francklyn,Willi. mH. Webb,J. Pierpobt Morgan,Percy k. I yne,Charles Abernethy,

r ALDEN OAVLORD, MlacelUneoaa 8*v. ciwiVes. No. StiWall St., New tork. (P.O.Box1J!0. 6|>eclal aiteutlon given to St. Louis City andCouotT Bonds ; Missvurl County, City, Town aodSoliool Bonds. Also, to the Bonds aa<! stocks of tbelol|}wlng lJ<llroaUs : AllanUc a PaclGc, MisaoartPaciac, SuBih PacISc, Kaosaa PaeiOe, Denver rsi IKi.North Mi8a.>urt. St. Lonis Kansaa ciCfA Northem,Refera by peniilatlun.to Msaon. W B. Iilekola;* ts»Bu!k*r& New i^ovk*

MEN AND IDIO.VS OF WALL STREETli « new T^ pace boolc rtTlof; the highest and l"wettprices of »ioi k> for 15 j-part. complete 11»l of d«?anlt«^tkilrvM*. HUcIt t>rldM>,»Keiv&et ot lesOtog u|.«t^toitt, aud ihc iiiethf'ii of (.eallog od amall •unit ofiDoi'ey. Copies feeiit tre« 10 au> addreaa. Oroen lorstoekv HDd rto k privlltfK«a extrcaied by mall *nd !«!••frrapb.coi fcllooa mad*, moao lar«N«(l. ftsd intarrtOHiiou K fu by

JOHN illCKLI.^G 4l C0.»Bankera and Broker*. W i^>*OADWAT. M. T.

Wall Street Caricatures,.A rieir book. 4S i a e* , eottalDlng U enffnred tlhA^

trittloua. withlNKohMATir>N FtUI STOCK S» KCrLATORas-

Pilce lO*-., cloth n-v-ri-; |> i>t;r covers fre«.

itankem and Broktn, 3 WaU ats. S. T..

Page 4: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

IV THE CHRONICLE. [June 10, 1876,

Financial.

Wkbtkbx I'NioN Telegraph Company, )

Treahi'rbk's Office, New York, June 7, 1S76. S

DIVIDGND NO. 3«.-'riIE BOARDof Directors have declared a quarterly dividend

of One and a-lialf per Cent, on the capital stock of

this company, from the net earnings of the three

mouths ending <lune SO Inst., payable at the otSce of

the Treasurer, on and after the 15th day of July, to

Bhareholders of recoYd on the 20th day of June.

The transfer books will be closed at 3 o'clock on the

Afternoon of the 20th Inst., and opened on the morn-

ing of the nth of July.

R. H. ROCHESTER, Treasurer.

NOTICE TO BONDHOLDERS.Treasury Departmkxt, }

TopKKA, Kansas, June 1, 1S76. ^

ALL BOKDS ISSUED BY THE STATE OF KANSAS,and maturing July 1, 187li, will be paid on and after

June& 13!6, upon presentation, cither at the BankingHouseof DON.nEI.L, LAWSON & CO., Fiscal Agentsfor Kansas, No. a2 Broadwa*, Now 1 ork, or at the'

4jtQce of the state Treasurei^ H'opeka, Kansas.JXO. FRANCIS, State Treasurer.

„ ,ff > —

^

IIWVESTIHE^iT BONDS.New Brunswick, N. J., 7 per cent Bonds, due 1896.

Elizabeth, N. J., 7 per cent Bonds, due 1895.

Cincinnati 7 and 7.30 Bou(te.St. Louis 6 per cent Gold Bbnds.Cleveland t> and 7 per cent lionds.Town Bonds of State of NbV. York.State of Illinois 10 per ct. Registered County Bonds.State of Ohio 8 per cent Coui^; ^J^i Town Bonds.

FOR SALE BY^Urm. B. ITTIiEY, 10 iraU St., N. Y.

MISSOURI COlINTir BONDS,Shelby Co., Tenn., B'ds and Conponia,

STATE OF TENNESSEE COUPONS,BOL'QHT BY

S. H. TOBEY & CO.,

BROKERS IN MISCELLANEOUS SECURITIES,

No. 4 Broad Street, Neir YorK.

Financial.

For Sale,

115 Shares or HonNton & Texas Cen-

tral Railroad Stock ; also all Issues of

Texas Bonds,BY

FORSTER, liUDLOW &. CO.,

No. 7 WALL STREET.

Lancaster^ Saunders& CoBANKERS AND BROKERS,

G6 Broadway, New York.SODTHKRN ANO MISCIsLLaSKOUS SECURITIES

Bought and S^ld on Commission,VIRGINIA STATE AND KAILHOAD SECURITIES

A SpecIaUy.

liOans Negotiated.

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

AGENTS FOE TaK

LONDON AND HANSEATIC BANK,(LlltlTEDl.-LON DON.

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

No. 20 Broad Street, New York.

stocks, Bonds, and Government Securities boagntand sold on commlasiou at the New YorK Stock Ex-change.Dealers In all descriptions of Bonds and Investment

Securities.Th" correspondence of Bankers and Brokers through-

cm the country boliclted.

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

Soutbern States, iu accordance with their severalFunding Acts, upon the must reasonable termspossible

:

ALABAMA, LOUISIANA, SQVIB CAROLINA,TENNESSEE, VIRGINIA.

WANTED.[ Ohio State Six Per Cent Bonds,New Orleans Cay Bonds.

VTest Wisct nsln R«llroad 1st mortgage Bonds.Logansport Crawlordivlile & S. W. 1-t mort. Bonds.

FOR SALE.Lonlslana State Nc (v Consol. Bonds.8oath Carolina &tate New Consol. Bonds,Chicago Danv. & Vlncennes Hh., Ind. D. Bonda.Central New Jersey Land Improvement Co.'s Stock.

O. T. BONNER & CO.,

20 Broad Street, New York.

REAL ESTATEMORTGAGE BONDS

GUARANTEED BT THE

Equitable Trust Co.,$1,000,000 CAPITAL.

THESE REAL ESTATE MORTGAGE BONDS ARECOMMENDED TO THE ATTENTION OF

THE MOSTCOWSERTATIVE IIWESTORS.first—They have the Individual liability of the

maker.iSecond—Epch bond Is secured by a first mjortgage of

real estate of not less than doublt^ its value.2'Aird—The prompt payment of both principal and

nterest of every bond is guaranteed by this Company.The Company guaranteeing tnese Bonds receives no

deposits, owes no money, and Incurs no obligations ofany character exce|)t those arising from sucli guarantythereby keeping its whole caiiital of One MillionDollars unlmnairod. TO MEET AT ALL TIMES theprompt payment of both principal and interest ofthese Bonds.All mortgages securing the Bonds are formally ap'

proved l)y the following Executive Board :

ROBERT L. KENNEDY, ADRIAN ISELIN,SAMUEL WILLETS, JAMES A. lr)oSEVELT,WM. RKMSEN, KUGE.NE KELLY,CHAS. UUTLER, JOHN D. MAXWELL,HENRY F. HAVEN, GUSTAV H. KISSELL.1 hese Securities bear Seven Per Cent Interest pay-

able semi annually, and are ollered for sale at oneImndred and two and IntTest at tite oftlce of theEquitable Trust Company, Nos. ^'> & 54 WlliiaHi street.

.ionaTHAN KOWakI'S. i'resldent.

THE MEW £i>I(jiLAi«D

Mortgage Security Co.OFFERS FOR SALE, AT PAR,

SEVEN PER CENT JEN-TEAR BONDSSECURED BY

FIRST MORTGAGES orilTIFRaVEDHEAL ESTATE.

GUARANTEED, PRINCIPAL AND INTEREST,

BY ITS

C-IPITAE STOCK OF $300,000.InlercBt Coap^ins payable Feml-anrn l)y. Bonds

rPKistered to orco", or jmjab.u lo i earer at optfoa.Acciu- d iB'.eiesi; 1b not rcqulttd to be paid by pur-cliacer, 'he rext-due C'oupou bei-^i; etain: ed po a8 lodenote Ih t luierfst begins at the d le of puchase.A P.implilft Willi) uU uiforni^tlou will be seat onppilcaUuu lo tbe Coiupttoy't) t>ftice,

43 JTIilk Street, ISoaton.Thes^e li'jnrlHurft commeutJed to the attention of the

MOST CONSKiiVATIVt. INVr8T.»hS, aa iheyaiebeU'-ved to be as perfect a 'ec\iiity as chu be obtained.The l-sue ol Bonds Is Imited to one-halt ilie umouiitof thtj eame class of Bond* ever Issued under a likeGiiaraniee.The security of each Ttond is not contisied a to single

Mortgage, but extends over till the Mortgages ownedby the Compa ly. 'Ihi9 (Jompuny n-celveo no depo-lts,Buarant esno OLliet secunilew, aiid im-i no other debiathan Its bouda. Ub Mortgagus are of like cuaracter totliose which have bc»^n bouirht In ilie last twenty yearsby IncMvid'.als, Life Insunmce L'onjpaniea atid otherCorporaiiODs, to theaijiount of uioe ihm Fifty Millions of J oUar,«. proving a iiiopt secure and eatiafactorliiveetnient. 'Ihe Loans are all upon impri.ved Farmsin some of the most fertile Western states, near theRailroads, with short and pei-fect titles, and averageless than ^6a0 each, upon pro;iert,v worth n»'arly lourtimes their amount. Kxperience has proved that we 1-

sele ted Morth.age8 upon tins class of properly aretaler than itiose upon city pro;ierty, either in the Eastor West. They a,e notattected by l^'lres. or by bustndprevulsions ; i'rlni'ipal and interest are more proiupttypaid ; and upon the su cesa of Agri ulture dependsthat of almost every industrial ioveatment.

HENil7 SALTOXSTALL. President.FliANUlS A. OSBUllN. Treasurer.

VIOH-PEESIUENTS:Amos A. Lawrence, Geo. c. Klchard^nn,James L. Little, Thomas Wigglesworth

Geo. P. XJpham.

©IBECTOBS:Charles L. Flint. K. R. Mudge,Henry ^>-lton^(a^, John p. Putnam.Churlea L. Young, Dav.d R. Whitney,

J. B. TJpham.

COUN8KL:Hon. Henry w. Pjtino, Boston.Simeofl K. BMlawin, iiew Haven.

Farm LoansPlaced in CENTRAL ANT) NORTHERN ILLINOISon Choicest Land in the West, at '

NINE PER CENT NET.An extended acquaintance, large and successful ex-

perience, and highest references among investors.

Correspondence solicited.

ABELI>, €RAIG & GIBSON,Mattooit, Illinois.

A Solid Twelve Per CentWhile bonds and stocks are the footballs of brokers

the solid Illinois ana Missouri TEN PER CrNTS(seni-aiinuall^ at tne American Exchange Nationti]Rank, New \ oriv) and our choice Kansas TWELVEPER CEN'l S have neter failed. Nothing but an earth-quake can Impair their absolute securiti/; and as topromptness, ask our New York Bank, our paper isalwarjs al par XnNev York, because always paid atmaturili/. Jisve loaned inlllionB, and not a dellar ha^•ver been lost.—For details address ACTUARY of thiCentral lliitiois Loan Agency, Jacksonville, lUinoiiP, O, Box 657.

Financial.

Stout & Thayer,BANKERS AND BROKERS,

38 Broad Street, Nciv York.

Buy and Sell STOCKS, BONDS and GOLD on Com^mission.

Deposits received on Interest, subject to Check.

Smithers & Donald,BANKERS AND BUOKEKS,

No. 3 Broad Street, Nevr York.

STOCKS, BONDS, GOLD, &c., BOUGHT AND SOLDFOK CASH OK ON MARGIN.

Refer, by permission, to the Agents of the Bank ofMontresl.

NEW YORK.134 Fearl Street.

BOSTON,70 Btai,e Street

GOSSLER & Co.,O0BRESPONDENT8 OF

International -Mank of MambiirK andIiOiidou, (I.lniited.)

HOUSE IN EUROPE,JOHN BEREKBERG, COSSIiERdcCO

HAMBURG.

JOUN EWEN, JE., WtLLIAM P. TtlTTLB,Member Stock & Gold Exch. Member StocU Exchange

EwEN & TUTTLE,BANKERS AND BROKERS,

iSo. 62 Broadwar and 21 Neiv Street,

Buy and sell Stocks, Bonds and Gold on cQtnmission

Interest allowed on ('enoatts.

A. H. Brown & Co.,B.\NKERS AND BROKERS,

7 Wall St., Cor. >ew, New York.

Deposits received subject to check at sight, and

Interest allowed on daily b.ilances. Special attention

given to the bu-iness of COUNTRY BANKS. Exe-

cute orders for the purchase and sale of STOCKS,BONDS nud GOLD,All kinds of Investment Securities a Specialty.

Levy&Borg,A3 Eixcbanse Place, J^^H

EROKEES AND DEALERS LN ALL KINDS OF^l

SOl/THERN AND MISCELLANEOUS

SECURITIES,

Railroad Bonds,WHETHER YOU WISH TO BUY OK SELL, 'fl

WRITK TOHASSLER & CO., ^

No. 7 Wall Street, N. X.

CHARLES OTIS,4T EXCUAKGE PLACE,

City Railroad .i

and Gas Stocks,Specialty lor 19 Yearn.

See quolationft of " Local Securities* In thU panor

Martin Levels,Room 3. 43 PINE ST., N. Y.

DKA#HE IN _ ySecnrltleB ot Solvent and Defaulted

RR. C'o'm, also State. City andCount}' Bonds.

TIME LOANS NEGOTIATED,iRefers by permission to Messrs. M. K. .Jesnp, Paton& Co., New York ; Messrs. Soatter & Co., New Y'ork;Jon.». Norris, h.'^q., President First National Bank.Haitimore ; Robert Mickle. Ksq., Cashier Union NatlBank, Baltimore.

OIOTMER BOARD IN HIGHLANDHOMES for two thousand people, on the line of

the New Jersey and New Y'ork Railway; mountala

air, pure water, grand and be.iutiful scenery; no mos-

quitoes In booses. Infonnation free of charge con

cerning board, places to rent or for sale, country

seats, &c. Call on, or address, J. C. CHATTERTON

office of the Railway Company, U Broadway, Now

York, up stairs.

Page 5: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

teniaeHUNT'S MERCHANTS' MAGAZINE,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL. 22. SATURDAY, JUNE 10, 1876. NO. 572.

CONTEWTS.THB CHRONICLK.

Some Cmisof! of tha Low Bates I from Jan. I to May 31. . . 5of Interest 553

ILatest Monetaryana Commercial

Cnrroucy Chancres 554| English Kews 6

Bai road ProKro89 5.^5 I Commercial tnd MlacellaneonaBailroad Earnings in May.and

| News 51

THE BANKERS' GAZETTE.Honey Market, U. S. Secnrltles, : Banks, etc ....Railway Stocks, Gold Market, I ynotations of Stock's and BondsForeitrn Exchanee. New YorkCity Banks, Boston Bank",Philadelphia BaLks, National

56053

New York Local Securities 564Investment and State, City andCorporation Finances CCS

THE COMMEKCIAL TIMES.Commercial Epitome .Vj9 I Dry Goods 574Option St)9 Prices Current ..'...'.''.'.'.. 576BreadtinSs 573

®l)c €l)ronicle.TsE Commercial and Financial Chronicle ia issued on Satur-

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

TEKMS OF SUB8CKIPTI0N-PATABLE IN ADTANCE,The Commeboial and Financial CaaoNicLK,

For One Year (including postage) *!0 21For Sir Months fill

Subscriptions will be continued until ordered stopped' jyo wri««n orderor at the piMUalion ogice. The Publiahcrs cannot be responsible for Remit-tances unless made by Oratts or Post-Offlce Money Orders.

Advertliieineuts.Transient advertisements are pnbli.-'hed at 25 cents per line for each

•pscft'on, but when delnlte orders are given for five, or more, inseriions. alibera! discount Is made. No promise of continuous publication in the bestplace can bo given, asall advertisers must huve equal opportunities. SpecialNotices in Banking and Financial column BO cents per line, each insertion.

Ijondou Office.The London office of the Ciiiioniclk Is at No. 5 Aastin Friars, Old Broad

street, where subscriptions ale laaun at the following rates :

Annual Subscription to the Chronicle (Including postage) £S Ss.Six months' subscription 1 3s.

WILLIAM B. DANA, I WILLIAM B. DANA & CO., Publishers,/OHJI u. PLOTD, JR.

)

79 and 81 William Street, NEW YORK.Post Office Box 4 59j.

fc^~ A neat flic-cover is furnished at 50 cents; postage on the same is 1"cents. Volumes bound for subscribers at $1 50.EB~ A complete set of the Commercial akd Financial Ciironiclk—.July

16U5, to date—Is for sale at the oitlce. Also ona set of Udnt's MerchantsJIaoazine, 1839 to 18T1, sixty-ihree volumes.

1^~ The Business Department of the Chronicle is represented amongnnanclal Interests in New York City by Mr. Fred. W. Jones.

SOME CilUSES OP THE LOW RATES OP INTEREST." Why," it is often asked, " are the rates of interest

SO low ?" Some light is thrown on this question, as well

as upon the general condition and prospects of the

money market, by Mr. IJagehot's elaborate article in the

last number of the Fortnightly Review. The general

course of the financial development of the last quarter

of a century is there sketched out, and the amazing

rapidity appreciated with which in modern commercial

countries the growth of banking facilities has aug-

mented the productive power of the world. At somefuture time, the author's plan, it is hoped, will admit of

a practical application to the movements of the moneymarket of the principles he so instructively deduces

from the banking progress of the last half century.

Mr. Bagehot, like nearly all the best authorities on tlie

subject, follows Adam Smith's division of capital into

fixed and circulating. The former, however, Mr. Bage-

hot prefers to call " co-eperatire capital," and the latter

"remunerative capital." Wo do not think very much is

gained by this innovation in the accepted tertainology

of political economy, except, indeed, that the new-

words give prominence to some important aspects of thetwo kinds of capital, that are useful, if not novel. Onepractical deduction from the paper of Mr. Bagehotseems to be that in our day the reservoir of floating

capital from which tlie loan market is supplied, is im-

mense beyond all former precedent ; and that ita

movements, like those of the ocean, are notto be thoroughly investigated by the simple

process of studying and observing them in onecountry or under one set of local conditions. If a manwould understand the money market thoroughly, his

observations must be patiently conducted on a great

scale, as well as on a small scale. He must comprehendinternational finance, as well as that of the United States

or England or Germany or France. That this is a correct

view of the subject, few well-informed persons in this

country will doubt. It has often been demonstrated in

our columns that the present ease and plethora of ourown money market is .ilmost sure to be mi^^understood

by those who regard it as a phenomenon affecting one

country alone, and forget that the whole of Christendom

is suffering from a similar type of economic and financial

derangement. Another deduction from Mr. Bagehot's

suggestive paper is that one cause of the low rates of

money which at present prevail throughout tlie commercial

world, is a result of that excessive conversion of floating

capital into fixed capital, to which the panics of the last

three or four years were ascribed. As those financial con-

vulsions were brought on by too much conversion of float-

ing capital into fixed forms, so the jiresent plethora of the

loan market is perhaps duo to the opposite process of

converting an excessive amount of fixed capital into

floating capital. However this may be, it is certain that

all great commercial panics do rcsnlt in such a conver-

sion; and every mercantile man is familiar with the fact

that an enormous amount of capital is lost and destroyed

to debtors and creditors in the forced s.ales and liquida-

tions consequent on failures and p.anics. It is equally cer-

tain that after any commercial revulsion there is usually

a long period »f easy money. For example, we are oftea

reminded that subsequent to the panic of 1857 and to

the Overend revulsion of 1860, money lent for several

successive months at 2 per cent. Without pursuing this

discussion any further, we may safely conclude that as

commercial panics are caused by one form of excessive

conversion of capital, that of floating into fixed, so the

opposite form of excess brings on tiiat plethora of float-

Page 6: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

55i THK (CHRONICLE. [June 10, 1576.

ing capital which so often results irom panics and is fre-

quently so slow to pass away.

When, therefore, we attempt to account for the low

rates of interest which capital is now able to earn, it is

necessary for us to look on all sides of the question. As

the same complaint of low interest is heard in other

countries besides our own, it is useful for our purpose to

trace out those great general causes which are so exten-

sive in their influence and .ire producing such widely-

extended and similar results in the money markets at

the present time. The operation of these general causes

may be summed up in a few words. First, there is

everywhere, as here, an accumulation of loanable capital

seeking a certain class of employment, such as call

loans and short investments. Secondly, the demand for

money on such invesfments is below the supply, so that

the rates favor the borrowers. Thirdly, the usual out-

lets of capital are many of them closed or are rejected

and refused, either from a want of confidence on the part

of lenders or of enterprise on the part of borrowers.

Fourthly, there does not appear to be any immediate

prospect of a general recovery of confidence. So soon

as any such symptoms are distinctly visible, they are

always seized upon and discounted beforehand.

So far, however, we have considered only a part of

the question. Besides these general causes of monetary

ease, which are at work here as elsewhere, there are a

multitude of special circumstances which originate in

our own peculiar circumstanees. The first and most

conspicuous of these is our expected approach to specie

payments. The transition of the financial system to a

specie basis spreads so much of uncertainty over the

immediate future that many departments of business

are of necessity checked and curtailed. Now, as Mr.

Bagehot shows, all such curtailments are accompanied

by a plethora of idle capital. This is &n important

principle; for it helps us to explain several features of

our money market which have misled a multitude of

writers on finance. It is obvious to any reflecting person

that, if the reservoir of loanable capital is not drained by

its usual outlets, its level will rise, and the accumulation

of idle capital will tend to produce all its usual symp-

toms in the money market. In this point of view our

financial system resembles a large machine organ-

ized to do an immense aggregate of work,

and compelled temporarily to restrict itself to

a smaller aggregate. Instead, therefore, of being

surprised that the depression of business has caused so

much loss to the country, we ought rather to be gratified

that it has produced so little. As has been shown, our

monetarj and commercial activity have not suffered to

an extent which compares very unfavorably with that of

which other nations are at this time complaining. Aswe have in this country so many special causes of finan-

cial perturbation, this fact is encouraging; it leads us to

augur favorably for the future. Whether, as some per-

SOHH tell us, it is the immense material resources of the

United States that hare given us an advantage over for-

eign nations, or whether a part of the benefit has been

procured in other ways', we have not space to inquire at

present. "We content ourselves with simply pointing to

the fact that the money market is as tranquil here,and

its rates as easy, as in the older countries of Europe; and

that this ease, whatever may be its inconveniences, offers

a favorable forecast for the future, so far as it indicates

the absence of expected financial perturbation. Withrespect to the practical question, as to the course of the

money market in the early future, we can only say that

our bankers are looking for a continuance of the present

easy rates, at least until the activity of the fall business

sets in.

CDRKE.\C¥ cnANGES.

In our issue of May 6 we gave a statement of the

currency changes down to May 1 under the acts of

June 20, 1874, .and of January 14, 1875. Through the]

kindness of the Comptroller of the Currency we are nowable to bring our figures down to June 1, one month

later, as follows :

Nationa'. bank notes outstanding when Act of June £0, 18*4, was

passed $319,83^,152

Katioi.al bank notes issued from June JO, 1874, to Jan-

uary 14, 1875 8J,T34,50O

Nationa; bank notes redeemed and letred between

samedatcs S,T67,23«

Increase from June 23, 18T4. to Jan. 14, 1875 1,967,268

National bank notes outstanding January ;4, J875 ... $JM,861,460

National bank notes redeemed and retired from Jan-

nary 14, 1S75, to June 1, 18:8 $26,''f)!,IJ7

National bank notes surrendered between same dates, ^.i48,'93

Total redeemed and surrendered

National bank notes issued between same, dates...

$52,:3S,«5

, 14,04-).415

Decrease from January 14, 1875, to June 1, 1876 17,294,010'

Amount ontstandine Juno '., 167G j:'..'i4.567,440

Greenbacks <in deposit in tlie Treasury, Jane 20, 1874, to r=-tire

notes of insolvent and liquidating bank's $3,813,6"5

Do. depositei from June 10. 1874, to June 1, 1"76, to retire Na-

tional bank notes S3,S30,F88

Total deposits $57,744,661

Circulation redeemed bv Treaenrer between fame dites withoutre-is.ue ". 29,661,Ua

Balance of deposits June 1, 1876 t28,o;i,472

Greenbacks retired under Act of January 14, 1875 S11,S76,3.33

Greenbacks outstanding June 1,1876 310,123,668

By this compilation Ave see that during May the

total of bank notes redeemed and surrendered was

82,649,842 ; during the same time there wpre issued of

new notes $476,560 ; so that the net decrease of bank-

notes outstanding during May was $2,173,282, against a.

net dec ease during the previous two months of $3,979,-

ISl. Of greenbacks deposited by the banks to retire

their notes, the balance unused, and therefore on hand,

was, May 1, $28,083,291 ; and on June 1, 128,081,472,

or a decrease for the month of $1,819. On May 1, the

total greenbacks outstanding were $370,527,876, .and on

June 1, $370,123,668, or a net decrease of $404,208.

The full figures, therefore, showing the changes in the

active circulation during the month of May, would

be as follows :

To To Deorecut

May l.^ii June i, ".6. durg Mat/.

National Bank notes redeemed and sur-

rendered from Jan. 14, 1675 $29,483,583 J32,139,425 $J, 649,842

Notes issued same lime 14,368,555 14.845 415 476,560

Netdecrease tl5,ir,728 $17,294,010 $2,173,282

Greenbacks on deposit, with U. S. Treas-

urer to retire nctes $23,083,291 $28,03!, 472 $1,819

Making the net decrease $43,204,019 $45,3':6,432 $2,r;i,463

Total g^eenbacks outstanding $370,527,878 $370.1Sa,6e8 $404,203

Total decrease in active currency daring

monthof May.^

$3,175,671

This decrease in the active currency, it will be seen,

therefore, was smaller than previous months, the total

for March and April being $8,744,178, against $2,575,671

for May. If, however, we go back to January, 1875,

we see the total extent of the movement. At that time

the greenbacks outstanding were $382,000,000 ; at present

they art>, as stated above, $370,123,668, or a decrease of

$11,876,332, that being the amount retired under the act

of January 14, 1875. Now, if we add this total to the

amount of nation.al bank notes already surrendered and

redeemed since January, 1875, and to that total the

Page 7: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

J.,ne 10, 1876.] TKE CHRONi ?Ji: 5jj5

greenbacks on deposit, which will not be again issued till

the same amount of bank notes are retired, we wouldLave the following as the decrease in the active currency

since Januarj-, 1875:

NetdecreatelD bank note* from Jin. U, 1875, to Jnnel, ISTt. (IT^SM.OIOGreenl)ack8 on dcpotlt with Treasurer to retire notes. Jnne I, I8T5, JC,081.47J

Decresse in grocubaeks since Jan , ISIS ll,8T6,3iJ

Total (lecrcaae aioce Janaarr, 18:5, to June 1, 1S76 $57,251,814

Some discussion has arisen the past month among a

portion of the daily press, (growing out of our publication

of May 6) as to the status of the *28,081,472 of groen-

backs on deposit witli the Treasurer to retire bank notes.

We anticipated th.at a difference of opinion might be

developed with regard to that item, and so stated in ourformer article. ]?ut the result of all that has been said

is siniplv, as we then remarked, that those greenbacksare deposited by the banks, and are held by the Treasurerfor the sole purpose of redeeming their notes; and they

can never be in circulation until the bank notes whichthey now represent are out of circulation. Hence, the

total given above, of 857,251,814, represents the actu.il

decrc-ise in circulation since January, 1875. The actual

greenback and bank-note circulation outstandins in

J-inuarv, 1875, and at the present time, may, there''ore,

he stated as follows:

Greenbacks ontstanding January. 1875 $38:,OO0,0C0Bank cotes outstJudiug same date 351.8JI,450

Ontstandinc January, 1875 $7*1,561,450Decrease since, to June 1, 1S76 57,551,M1

Total outstanding June 1, 1S76 $675,609,638

RAILROAD PROGRESS.

We are able now to give the results of 1875 in railroad

building. It seems that the amount constructed in theUnited States during the year was 2,035 miles, against

1,940 miles in 1874 and 3,948 miles in 1873. The prog-

,ress since ISCO may best be seen from the following

statement :

.!/"/« in

Tear. Opermion.

18C0 30.635

1S61 31,2?6

1663 32.l:0

1863 33,170

1894 31,908

1865 35,0f5

1866 36,837

1867 89,876

Anmtnl ilil^ii in Annualhtcreaee. Tear. 07>fra(ion. Increase

1.846 If68 4S,S55 a,li7!)

6M 1869 :. 47,«08 4,9:3

834 1S70 S-^B^S 5.690

1,0!0 1S71 60,568 7,670

7.38 187J 66,735 6,167

1,177 1 1373 70,f83 3,948

1,742', 1874 7J,6S3 1.94"

1875 74,6;8 8,0353,41'8

The check in construction since the panic was well

known. But these figures bring the whole subject

forcibly to mind. One can easily understand the effect

upon all industrial interests of this sudden pause in rail-

road progress. In 1871 there were 7,670 miles built, in

1872 6,167, and now for two years only about 2,000

miles a year. The unnatural growth of 1872 and of

previous years necessarily stimulated every industry

either directly or remotely connected with it, while the

aame conditions which forced railroad progress and its

connecting interests also forced every other trade.

This was a diseased condition of business, and when the

fever burned itself out, the patient of necessity wasdreadfully prostrated.

It is a little surprising, but a fact which we have fre-

quently referred to, that the railroad mania extended to

Europe during the rery same period in which it pre-

vailed so decidedly here. We give the following twotables for the purpose, among other things, of illustra-

ting this fact. The first is an approximate statement

which we have prepared of the mileage of railroads

«xi8ting in all countries of the world at the close of 1875

:

A'orth Amtri^a.United States .. 14,8r8

Canada t.'SS

Mexico 3J7

Vintral Amtrica.Honduras tS

Cosu Rica to

I'auama 4»

Cuba 4J7

Jamaica s;

Barbadoes tg

South Ametica.Colombia 43

Venezuela sv

DriiitU Guiana fg|

Brazil 8;57l

Paraguay 4;'

Uraguay j97|

Argentine '... 9341

Peru r.i]Chill m\

Great Britain and Ireland 16,699'

France 18.876 1

Spain: 8,8ij

Portugal JHItaly 4.78;|Switzerland i,0j8 I

Austria 6,8«8

Hungary 3,9tg|

Germany 17.3 JJ I

Beljitura a,54^)

Ho/laud 1,081

1

Luxemburg 16» i

Deumark 7&7 !

Sweden T 2,4781

The next table shows the extension of railroads byquinquennial periods in the several great divisions of the

world:

Norway UtBossU twitlinnella 1MTurkey tMGraccu 1

AMO.Tnrkey mBrjiisblnda |,BMOyl.m 11$

Jar» ntJapan 41

A/rica.

Egpyt l.»13

1udU '.. $T

Algeria $MCupe Calonj MMauritioa 4$

Auttra:atii.

Victoria 6T4

New Sautfa Wale* «WQueentUnd M8Souib Austral:a t74

Wcrtern Australia MTarmsuia 44

New Zealand tST

Tahiti tl

aCMaA«T.North .America 74,47$

Cent al America $11

South America $814

Europe UJOtI

Asia 7.<»T

Africa 1,518

AustralatU 1,148

Grand total 13«,413

Am-rica.

m.

Close rf

Tears.

1815....

1880....

188i....

1840....

1845....

18'0....

1815 80,115

ISBO 33.539

1865 88,845

1870 £8.477

1875 83,910

41

i,o;i8

S,939

4,897

9,511

Europe,

m.

as

158

404

1.8»9

6,«93

14,769

31,144

3J,03I

46,69'!

61,448

88.C07

.,<«ia. Africa.

m.

AiuirataslcL

m.

1!«

3 496

6,039

7,(87

877

5i0

1,108

1,588

81

196

619

1,186

4,148

Total,

m.a

198

l.SOO

4,848

10.«0

t4.8:o

41,476

66,941

90,076

180,968

18»,ei0

We here see that during the five years from 1870

Europe added 24,000 miles to its railroad network, and

during the ten ye.irs from 1865 it added 42,000 miles,

while during the previous ten years it only added 25,000

miles. Not very long since we gave in our columns the

history of the German railroad expansion, and all are

familiar with its growth in Russia. Without, however,

going into particulars, the above figures, taken in con-

nection with the re-action in Europe, which set in about

the time of our panic, and the prostration which has

ruled there since, go very far towards explaining one

another.

And here may we not make a suggestion which some

of our Western and Southern friends will see is in point.

The railroad bubble in Europe burst only shortly previous

to our own panic. There was no contraction of the cur-

rency that did it. The inducing cause of the mania in Ger-

many which led to so great increase in railroad mileage

—an increase of 50 per cent during the five years in

Prussia alone—was the immense sums of money which

came from France. Under this unnatural stimulus they

overdid the railroad business, producing them beyond the

power of the country to make them pay—that is beyond

the present wants of the country. The end to the spec-

ulation did not come because the currency was contracted

or because there was not enough currency, but simply

for the reason that the disease had run its course.

This we all must admit, for the facts are beyond dispute.

But when we look at our own case, currency doctors

claim that contraction brought on the panic, and that

more greenbacks will revive business, which in this

Page 8: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

656 THE CHRONICLE [June 10, 1876.

iustance means, will revive railroad .buildinp:. It col-

lapsed Bimply because it was already overdone; a forced

growth of six or seven thousand miles of railroad a year

has placed us far in advance of the necessities of the

country, or, in other words, of its capacity to make rail-

roads pay. Construction, therefore, can revive only when

the development of the nation has again caught up with

this overgrowth. That time will soon come, if we simply

allow nature to work out its own cure. We are young,

energetic, boundless in resources—both the West and

the South with their undeveloped wealth most tempting

to capitalists. There is, however, one condition prece-

dent, and only one, to our receiving that .capital freely,

and that is indicated in the words safety, security, cer-

tainty. Have not three years of bitter experience

taught us at least this—that an irredeemable currency

furnishes a state of things the very opposite of that

described by the words mentioned ?

We can best mark the rapidity of railroad extension

in this country by the fact that in 18C8 we had in the

United States one mile of road to every 905 persons,

while now we have a mile of road to every 591 persons.

In Great Britain there is one mile of road to 1,916 per-

sons, and in France a mile of road to 2,940 persons. Thefollowing exhibits the number of persons to each mile of

road in the countries of North America and Europe:

North America.

United SUtee of America.

Dominion of Canada

tJnited SUtea of Mexico..

Total North America.

.

Inhabitants

to each mile.

691-

1

1,101-1

24,S73-8

719-5

Europe.

Great Britain and Ireland... 1,910-9

Francs 2,940-C

Spain 4,369-2

Fortngal 6,ai« 8

Italy 5,6.39 7

Swltierland 2,607-6

AuBtria iMVi

Inhabitants

Europe icontinuecT), to each mite.

Hangary 2,6*0-2

Germany 2,1«8 9

Belgium 1,646 8

Holland... '3,J85 8

Luxemburg 1,1688

Denmark 2,5-24-6

Sweden 1,801-5

Norway 5,04 1 -

1

Russia 6,8918

Roumanla 4,70!r5

Turliey 1.3,2-26 4

Greece 808.970-5

Total Europe S,4jr5

We close this review with the following interesting

compilation, which we have made for the purpose of

showing the earliest movement in railroad construction

in the various parts of the world, the statement giving

the dates of the official opening of the first railroad in

each country of the world, and the name, termini andlength of said roads severally:

CHROXOLO<IT or BAlUtOAD OPKNINa.

North America.Date. Samt. Termini. Hilet.

April 17, 1S27.. Granite Maei.Quincy Qnarrlee toNaponsetR. 3May 14, 1330.. Baltimore* Ohio Md. Baltimore to Kllicetfs Mlll«.... 14— 18J7..Mauch Chunk Pa. Coal MInea to Lehigh River.... 6 2.5

Sept. 24, 1831..Mohawk A Hudson, N.Y.Albany to Schenectady 16-09

— 1830. .South Carolina 8. CCharleaton outward —Jane 12, 1853.. Northern Ont.Toronto to Bradford 41Spring, 1647.. Montreal & Obampl'a, Q Montreal to St. Hyacinths 80yebra'y, 1855.. Nova Scotia N. S.Halifax to Mile Uousit 4Oct. 1, 1857. .N. Br. & Canada. ..N.Br. St. Andrews to Basher Dam... . 84April 15, 1875. . Pr. Kdward'a Isl'd . .Pr. K, Georgetown, both ways 197-5Oct. 8, 1853..Mexican Mcx.Mei co to Chalco 23

Central Americj.Sept. 25, 18;i

..Inter-Oceanic Hond.^t. Jago U Porto Oaballo 56

Jan. 19, 1872..CobU Rica C. Rica. San Juan to seaboard 2»Jan. 23, 1855.. Panama Pana.Pa.-.ama to Aspinwall 49Aug. 9, 1887.. Guinea Cuba. Havana to Guinea 8107Not. 21, 1845.. Kingston Jsm Kingston to Spauishtown 11-8May 11, 1875..Barbadoe« Barb.Across the Island 8

Soutfi America.Dec. 3, 1870 .Bolivar N. Qr.Sabanilla to Barranqnilla. 18-64

Feb. 9, 1866.. Port* Caballo Yen. Porto Caballo to Pallto 8Sept. 1, 1864.. Georgetown. ..Br. Gnlana.Georyetown to N. Amsterdam . 19-88April 80, 1864.. Maua Brazil. Porto de Maua to the Bay 11.2May 2J, 1851..Callao Peru .Lima to Callao 8May J, 1853..Copaipo Chili Copaipo to Caldera 55 3Dec. 14. 1864.. Kasttrn Argentine. ..Arg. Buenos Ayres to Lugan 23-61

Oct. 1, 1863..AbUBciou Para.A"uncion to Itaugua 2485Jan. 1, 18;9. .Central Uragaay....Urag Montevideo to Las Pedraa. 1118

£iirope.

Bept.ZT, 18J3.. Stockton* Darl Kng.Stockton to Darlington 25-4June 12, 18.12.. North British Statl'd. Edinburgh t» Dalkeith USDec. 17, 1834.. Dublin &Wlcklow.Irerd.Dublin to Kingstown «•»Oct. 1, 1828..Parl8-Lj0BB France. St. Etienae to Audresieox IVi

Date.

Oct. 10, 1818.

July 9, 1S54.

May 5, 1035.

Sept. 13, 18;!9.

Oct 2, 1359.

Sept.l", 13(4.

Feb. 9,1851.

July 14, 18J3.

April 4, 1S.33.

Dec. 7, 183).

Sept. 80, 1328.

Oct. 21, 18».

June 15, 1S14.

Oct. 3. 133S.

Oct. 4, 1860.

Nov. 23, 1870.

Feb. 18,1369.

Dec. 21,1^6?.

April 13. 1833.

Oct. 1, 19i5.

Aug. 10, 18i7.

Oct. 17,1873.

Jan. 96. 1856.

Jaly 5, 1S73.

Aug. 15, 1862.

Feb. 13, 1362.

June S6, 1369.

May 1.3, 185*.

May 29, 1855.

July 81, 1865.

Sept. 13, 1854.

A .ril 6, 1856.

Feb. W, 1871.

Dec 1, 18fj3.

Aug. 11, 18!iS.

Name. Termini..Barcelona Spain. Barcelona to MataroPortuguesa Port. Lisbon to CarregadoStaatsbahn Belg Brussels to MechelnHolland Bahn Hoi, Amsterdam to HaarlemLuxemburgische Lux. Luxemburg to Arlon, &zAltona-Kiel Dan.Altona to Kiel

Christineh-Sjoe ...Swed.Christinehham to Sjoeaendan..

Christiania-Eidsvold.Nor.Chistiaaia to StroemmenZarskoje-Selo Rus.St. Petersbari; ti>Ziirskoj>8?lt>.

Lndwigsbihn Ger.Nurnhurg to Furth

Elizabethbahn Aust Budwefs to Kerschbauui

. Buschtehrader Hung.Pr.igu^ to Piiiie

Franzosi-'che Swilz. Basel to St. Louis

Meridionel Italy Naples to Portici

DinuSe * Black S..Turk.Kustondie to Cz^rnawoda. ..,.

Romaanishe Rum. Bucharest to Plojeschti

.Athens-Pirens. . . . Greece. Athens to Pireus

Asia.

.Ottoman A. Turk. Smyrna toTriandra

.Great lud. Pen...Br. Ind. Bombay to Tannah, Ceylon Ceylon.Kindy to Colombo, N'iederlander Java.Samirang to TangveogJapanese Jap.in.Oaaca to Hijo

Africa.

.Alexandria -Cairo.. Egypt. Alexandria to Cairo

.Tunisian Tunis. Tunis soutb;aBt

.Algerene Algeria. Algiers to Blidab

.Cape of G'uHjpe CO. Capetown to East Kiver

. D'Urhan Natal. D'Urban te LandingNorthern , Maur St. Louis to interior

A-uetralaaia.

Great Southern... .N.8.W.Sidney to Paramatta

.Southwestern . ...Q'sl*d. Ipswich outward

.HubsoB*8 Bi.y Vic. Mel bourne to UobBon*s Bay.. ..

.Adelaide S. Aust. Adelaide to the Fort

.Tasmanian Tasm.Launceston to Doloraine

.Christchurch N. ZChristchurch to Lyttletou

.Tahiti Tahiti. Panannia to Terapena

17-4

24 8S12-4

10-tS

. 31.89

65 86

r-48

11-18^

I6-78

3-7

40-7

35-38

2-4»

4-97

41

37-2S

6-9

3}-4t

21-7

38

49

20

121-74

27

31-79

21-1

l-8i

, 31

14-3

39-7T

6-»

7-4&

4|-»

. 1-J4

. 2-48

I

I

RAILROAD EARSiJiGS I.V MAY, AND FROM JAV. 1 TO MAY SI.

It is gratifying to be able to report a continued improvementin railroad earnings as compared with 1875. On 22 roads

embraced in the table below, the increase in May was $482,300

as compared with the same month in 1875, and this relatively

favorable aspect has some influence in sustaining the prices of

railroad stocks, in the face of the recent redactions in freights

and fares. Except for tlie present hostility among the officers of

trunk lines, the railroad situation -would be tolerably favorable,

and with the experience of the past five months of this year, there

would be much onfidence in a steady progress towards moieremunerative business. Notwithstanding the general depression

in business and the low prices, it is apparent that the '•olume ol

some important articles of produce moved hag been considerably

in excess of last year, and the increase in railroad earnings Is

partly due to this fact. The following figures, taken from ourtables sUowingr the movement of breadstuffs, exhibit the ship-

ments of flour and jjrain from the porta of Chicago, MilwaukeeToledo, Detroit, Cleveland, St. Louis, Peoria and Duluth, for the

five months, Jan. 1 to May 27, for four years

:

Flonr, Wheat, Com, Oats, Barley, Rye,bbls. bush. bui^fa. bash. bush. bash.

Jan. 1 toMay t7, '76.. 2,808,563 14,186,815 Sl,S2i,540 5,934.596 l,U0,7nl 483,118Sam« time 1^75 1,9«6,4;0 10,209.20* ll,911,0f5 4.6 0,963 8.1. f40 214.766Same time l'<-;4 2,«31,e51 21,614,005 11.654,185 5,^09,912 1.17!',D9.1 2.320,t)10

Same time 1573 2,391,081 10,440,870 12.175,619 5,700,705 1,48-J.5U 279.768

The following shows the receipts of flour and grain at the

seaboard ports of New York, Boston, Portland, Montreal,

Philadelphia, Baltimore, and New Orleans, for the same period:

Flour, Wheat. Corn, Oats, Barley, Rye,bbls. bush. bush. bush. bush. hush.

Jan. 1 to May 87, 1876.. 8,687.530 le.l(>8,306 SO.668.964 7,: 56,402 1.8«I,834 302,259Same time 1875 ...3,48r..385 9.214,190 22 OPS.HM 6,1.30,0116 801,328 96,149Same time 1874 4,405,636 20,382.720 18,750,509 6,223,866 «9y.7!Kl 526,388Same time loTS 3,47«,538 5,425.682 lS,6S8,-.22 7,864,948 1,061,452 58,848

As to cotton, the whole moyement overland to the close of

April, from Sept. 1, 1875, the beginning of the crop year, wasabout 130,000 bales more than lor the whole year 187-4-5, show-

ing here also a considerable increase in quantity transported byrail.

The most important questions now bearing upon the subject of

railroad earnings are these : 1. How long will the present

competition amonjf the trunk lines probably continue ? 2, Whateffect will the Centennial traffic probably have in increasing

passenger earnings ? 3. Is the larger movement of produce aa

compared with 1875, likely to continue throughout the remaining

months of this year ? In answer to these questions it may be said

that the duration of the railroad warontlirough rates is altogether

uncertain, but the sharper it is the more likeiy is it to bring anearly settlement ; and it is to be remembered that the sliarp

eompetitioa applies only to that class of business which is

Page 9: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

Juno 10, 1876.] THE CHBONlCLli 657ordinarily done at the lowest prices. The receipts from Centennialpassenger traffic can hardly fail to be largo on those roads lyingon the direct route to Philadelphia, anl chiefly to thePennsylraniaRailroad and its branches, fhe daily attendance at the Centennialwill possibly average 'over 30,000 paying visitors during thebalance of the time to November 10, and so large a number otpersons, many of them from considerable distances, must contributeno insignificant amount to the railroad receipts. As to the move-ment of cotton, breadstuffs and 'merchandi.se, we can hardlv seeany good reason to anticipate that the quantities moved iii thelast half of 1876 will be materially larger than in the same timelast year.

The St. Paul and Northwest roads are reaping the benefit oftheir 'increased tariffs on the large grain movement called forthby the extremely low rates from Chicago eastward.

The annual report of the IJock Island road to March 31, 1870,shows gross earnings for the year, ot $7,«r,,),10l

; oipensea'$3,6s7,038 ; net earnings, $3,903,133. This is a decrease in thegross earnings, as compared with last year, of $46,414, and anincrease in the net earnings of $154,723.

OBOeS EARNINGS IN HAV.1876.

AtchiKin Tnoeka & Santa Fe.. $-3ia,uOOAtlautlc & Pacillc 9».60lCanaan Soutiiern li3,(;8SCairo & St. Louih* lii.oSl

C'entralPacific l.TiO.COJChica^'o tS; Alton 422.4.^7Chicago Mil. i& tit. I'aul bia.SViCiuciun.itl Lafayette & Chic*. ai.'J7.'

Denver & Rio Grande* 4^,K7(iIllinois Central Mj,96)Indianap. Bloom. & West l.iO.S'jo

International & (it. Northern.. 7a,«JrKansas Pacillc* 171, laSMlohij^an Central 63U,.'iJ8Mo. K.insas db Texas ;2l2,U2jOhio &, Mississippi 311,070Pacific of Missouri a*4,847HI. L. Alton AT. H. (branches). iii,vi I

St. Louis Iron Mt.& Southernt 2i)),900

St. L. Kans. Cliy & Northern.. 837,335St. Louis & S. E:istern* 82,908Toledo Peoria & \v arsaw 125,309

1875. Increase. Decrease.8107,645 $104, J55 $

93,895 5,7061«,54>) 30,51219,137 2,«1B

l,7Ji,lB!) . 98,409351,001 71.4537l8,4o5 101,38i2i,3:i3 362Sl,79.J 683

631,881 13,9:48i,fc94 40,69181,395 5,758810,447 S3,34855«,7c9 72,539187,091 25,8312.57,971 55,099222,3,1 42,S1«39,03.) 119

275.147 10,ii47188,0r3 49,272.52,9:15 9.91370.592 51,617

Total $8,537,542Net increase

$6,074,912 tess.Mi482,30J

KiT 31.

Increase.t37<..')5fi

39,047300,5233495

90.18763,698

432,9125,637

S5.9U250516

183,192

$172,73;

Decrease.$

221, :23177,141210,r.31

273,083

10,05373,561

GROSS EABNmOS FROM JAIOTABT 1 TO1876. 1875.

Atchison Topeka & S. Fe 8830,796 $171 840Atlantic & Pacific 601,698 405,631Canada Soatbcrn 721,873 421..3.'0Cairo & St. Louis* 93,395 8*,90JCentral Pacific 6,2t2,0i!0 6,171,813Chicago <fc Alton 1,794,491 :,7.iO,733Chicago Milwaukee & St. P.. . (,081,185 2,650,273Cln. Lal.nycate & Chicago*... ;52.3;19 116,6:3Denver & Kio Grande* ]'3,3S1 127.479Illinois Central S,9.'i).U7 2,K8;i,571Indianap. Bloom. & West 640,441 515 249International & Gt. North'n. 50i.6d9 614,723Kansas Pacific* 1,052,562 1,13:, 121Michisan Central 8,93;,314 2.710.591Mo. Kansas & Texas 1.184,712 l,'i07S71Ohio & Mississippi. 1,542,923 1,.332,292Pacific of Missouri 1,418 803 1,173,719St.L. Alton & T.U. (branches; 196 8)1 211.771St. Louis Iron Mt. & South .. 1,474,303 1,348,318St. Louis Kan. Cily& Norih'n l,271..5>i5 1.0.37,OOJSt. Louis i» Soulh Eastern*. 391,993 393.453Toledo Peoria & Warjaw 837.437 35!, 1>2

,Total $29,7 3.301 $8u,935,9.j5Net increase

* Threo weeks only of May in each year.+ Iron and ore traffic receipts show a decrease ; the receipts in every other

nepartmeiu gliew an Increase.

The foll»winj companies have recently reported their earnings for April:

183.9S7214,556

1!05,9?3

$2,917 8112,8l!J,8»9

41,877

'i',433

$1.34,932

OROSS EARNINGS IN ATRIL.

Atlantic & Great Western. ,

Burliugti.n Cel. R. & .Minn...Chicago BurlinatoD Jfc QuiucyClevelnnd Mi. Vernon &, Del..Hannibal ,5 St. JosephHouston & Texas Central. . .

Mobile &OhioNashville Chalt. & St. Lonls..Paducah & MemphisPhiladelphlH & ErieSt. Paul cfe Sioux CitySioux City & &t. Paul

TotalNet decrease

1876. 1875. Increase.$301,702 $.)37.914 $

8S.164 ion,M5S92,.370 979, .360

30,217 3;.427148,573 147,4.i9 1,131194,931 166,037 29,916105,68) 109,711133,464 129,4)1) 4,934l-,:)73 I^7l6 1.229

3Hj.8i3 877,917 2J,a3B36.0,16 .36.417

21,810 82,449

2,370,812 $2,3.',8,653 $39,82J

Decrease.$31,26)12,371

87, 1906,810

4,026

411609

sKOss lARNmes rBOx jANVAnr 1 t* afril !0.

BurllB?ton Cedar R. & Minn.. ,. $:iSr,833Chlcai»o Burlington A Quincy.. 3,.53(i.7ftS

Cl«v. Mt. Vernon & Delaware... 117 691Houston *Texii8 Central 98I,.i92Hannibal & St. Joseph 621,987Mobile & Ohio 669,637Nashv. Chattanooga <fc St. L 611.651Paducah & Memphis 76,740Philadelphia & Erie 1,00%961St. Paul & Sioux City 161,717Sioux Ciiy & St Paul 102,6r.9

1875.

$363,0193,525 5'll

124.9:i8

805,1.39

497.11.36

592,865531,73962,867

909,088ir,7,8.32

56,126

$7,.59J,6I0

Inc.$21,61411,117

$147,07987,850

Dec.

176,253124,93176,77259,11313,S7i

95,87354.51346,513

l;6S3,424

$6:8,179

7,845

$7,245Total $8,876,816Net Increase

The foUawlnc: is a statement of the f^ross earnings, operating expenses and«t earnings for the month of April, ana from January 1 to April 30, of all

tha roads that will furnish statements for publication:

. AprU. ,

1878. 1871.Burlington Cedar Bap. Jb Hlon.—Growiearnini^ SW,1M tlOn.suOperating expeiuM* 71,811 MfiJS

Neteamlngt $16,817

Chic, nurllngton £ Quincy—GroM eamiii .-s ... $% 1,370Operating exiwiue* J3J,771

Not eamlngi $311,517

Clev. Mt. Vcmon ADel.—Gross oarnious $3^,317Operating ex|>eoaea ai.iit

$41.0*7

$»ri.vuUlAK

t487,Mi

$Vi (87ili.Ut

$9,«»Netearnlngs $8,616

Lonitvllle CIn. A Lex.—Gross earnings $41,8'V)Oiwratln;,' cxpcuscj 6.3,'MK

Net oimlngj..., $17,031

Michigan Centra'.—Gross e.irnluit» $nin,5n $631,0*5Expenses HiT.oM

Nelearnlngs $21.',853

Missouri Kansas 3t, Texas-Gross e irniiigs 8814,781 $1*2471Operating expenses 137,80a 116 ;«]

Net earnings $76,986 $73,578Nashville Chatt i St. L.—Gmsscanilngs 8113.111 $129,131Operating expenses iM,077 88,083

.—Jan. 1 toJ876.

April M.-^wn.

$S^,M1S77,tlS

TllMW

tiia,oif

$IOI,<U

$S.lU6.;iHI.»0,IM

$1.62),3M

|S,8«).B»1l,MI,«6l

«l,9a.t80

$1I7.>''93

«0.B»3

$26,768

i9,4ir

SU.U1

$38) 41l>

119,006 -^--^

$8.3 2.9161,518,177

tni,iB*

$»,!53,»M

$97I.TM610,309 4«,r«o

Net earnings $18,787Paducah & Memphis-Gross earnings 81''.9'5Operating expenses 11,41*

Net earnings

Philadelphia & Erie-Gross earningsOperating expenses

Net earnings ,

Rome. Wat. & Ogdonsburg -

GrossearningsOpe atiug expenses

8J,Vt9

. $3X1,813

. 188,12

$41,361

$15,749li'.SS)

$5,316

$S;7.9I7i:.).'-.33

$112,721 $104,114

$9,5.8111

6«,l.'itt

Net earnings $29,725

St. Louis «S: Southeastern

Gross earnings 879,26't

Opiffating expenses 78,227

Netearnings $6,031

St. Louis Iron Mt. & South.—Gross eaniings $^73,833Operating expenses 143,258

Net earnings $i:ia,639

St. Paul & Sioux City-Gross earnings $31,00)Operating expenses :13,42)

Netearnings $8,'83Sioux City & St. Paul-Gross earnings $2I,°40Operating expenses 81,631

$83,93576,8..7

S»,I8S

$2o4,'.«0

$95576

$36,417

$461,494

$614.1.73

$'U1.199

$76,74048,7<8

$85.l»i

$I,0«5,?6!

t 6!<9.»30

(306,731

$3',1.31t

233,401

$07,913

$S29,IW7S90,;o6

$18,281

$1,219,405626,549

$5:<3,85S

$161,747113,787

$M8,ftlO

$3M7a>804,364

$160,473

9n.8*T47.443

$KW.Ogg6»,7S8

~$s8»,aoo

tS40.4!8338,446

$4I,M3

$1,073,171647,664

$433,907

$107,331

$1^010

$12,440I9.797

$56,13666 303

$19,911 deft $10,177Minnesota Ksllroad In

Neteirninjs $109 $2,632* The expenses of the Burlington Cedar Rapids & Mfl

1876 include taxes, the proportioiuite amount of which for each month amount*to about $3,000: in 1.S7J the expenses did not include taxes.t The di^iiarity between the gross and net earnings this year, has been

occasioned by extra expenses incurred in prcparaiionB for Centennial busioess ;

this business is now making very favorable returns.

Categt fUonetarn and (ttotnintrcial €iiali9li ftfrma

K.lt'li:« otr ttwUXMOK AT LONUON AMU UN liOMItON,AT LATEST D4TEII.

EXCHANGE AT LONDON—MAY 2^

Amsterdam ..

Amsterdam..AntwerpHamburgParisParisViennaBerlinFrankfort ...

St. PetersburgCadizLisbon. ...MilanGenoa.."Jaoles ...

Madrid... .

New Vork .

Rio de JaneiroBabiaBuenos Ayrea..Valparaiso....Peruambuco

.

utontevldeo..BombayCalcuttaflong Kong..,StiacghaiSingapore..Alexandria

short.

3 months.

short.3 months,

Wdays.3 months.

EXCHANGE ON LONDON.

LATESTDATE.

;2.i>^ei2.2«

a5.42)fia25.47X'20.^8 e80.6225.S0 a85.;lO2S.37>ia£&.43;<iS.25 ai2.3020.58 aiO.6230.58 aao.ci

47Jia^852 »52H

87.72Xa8:-'7i<27.78«a87.nx87.72va87 77,X

Kay 33.

May 34.

May 86.

April 32.

April 27.

UtfiS.

U»T 13.

AprlVso.May a.

short.

>hort.3 mos.short.

Smog,short.

3 mos.

•hert.60 days.90 days.

Bmoe,

It. OS

3587SO 3633.34

IJd.OO30.4430.4031 9-16

4S.!S4.86

U. Siid.I: 8 I3-I6d.8«. lOJid.

S>.lld.OS«ll)f(f

LFrom oar own correspondent.1

London. Saturdar, May 27, 18T6.

Tlie supply of money eeeking employaient in the digcouot

market continues very large, and loans for short periods are

obtainable on good security on remarkably easy terms. For

Page 10: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

558 THE CHRONICLE [June 10, 1S76,

three months bi.ls tbe open market rate is oaly 1|@1} per cent'

and very choice paper is taken at even a lower quotation. The

eomplaiuts amongst the bill brokers reppecting the paucity of

bills are very great, and it is to be feared that any improvement in

tbe supply is, for some lime to come, q'lite out of the question

Beyond tbe usual consumptive busiuees in progress, there is very

little passing in commercial circles. The Iiome demand for goods

la conaiderej to be fairly active, but foreigu buyers i-emaiu com-

parativc.'y few, though there is every re*?oa to beiieve that the

purchases tUey are making are with a vi-'w to meet a bona fide

demand. In the present uucertaia condition of attairs, merchants

are, obviously, unwilling to speculate much, if at all, in manu-

factured (;oods. Mouey is certainly cheap enough to encourage

aud foster speculation ; but the distrust which has fsr so long

prevailed, in consf-queuce of the serious results ol the traiing of

former years, is very slow in being eradicated ; and this conserva-

tive spirit is increased, owing to the ominous position of the Etst-

ern question. Merchants trading with Levaotiue countries are

naturally extremely cautious., and it is very difficult just now to

ascertain what a day may bring forth. It would seem that the in.

tegrity of Turkey is maintained almost by the jealousies of the

neighboring countries, so that their jealousies are for a time lief

Btrenglh. But it is obvious that such a condition of affairs

cannot last ; and yet, who can divine the future V Theuacertainty existing with regard to the affairs of Turkeyhas also the effect of curtailing trade in other quarters,

though not to the same extent. In spite, therefore, of thelarge supply of unemployed money, and the low rates

which are current in the discount market, ditirast and politi-

cal complications cheek any tendency to an improvement, the

only desire being, at present, to trade with safety, and, it popsible,

with some profit, however small. Considering the present unsatis-

factory condition of our export trade, it will occa^im no surprise, if

manufacturers should endeavor to curtail production. In Lin-cashire an attempt to effect this object is not only contemplated,but is making som? prrgress. In such a movement there arenecessarily some drawbacks to contend against, as it is difficalt to

please all classes of manufacturers. Producers, however, arenaturally anxious to do all that is in their power to increase thevalue of their goods by diminishing the sujply, and, at the sametime, to reduce the price of the raw material, by restricting thedemand for it ; but, as yet, the movement has not assumed suffi-

cient importance to materially influence the marke's. Those whohave inaugurated, «s well as those who are supporting the move-ment, are restricting it almost entirely to Whit-week, which is

the holiday season in tho manufacturing districts. To whatextent efforts will be made to diminish production in the future is

a question upon which there does not appear to be muchunanimity of opinion.

The demand for money duricg the week has been verymoderate, and the supply of floating capital bijing ample, therates for the best bills rule as under :

fTcent.j

Open-raarietratos: Per com .oanK rale i| i muuiua' oaua oUls IKstOpen-market rates:( d months' bank bills 1?a2«30«ndMdiy9' bills l?i@IJiI

4 and 6 monthV trade bU"lV. SJils?3 montns bills l,'»a)l^« I

'«*•.»

The ra-.es of interest allowed by the Joint stock banks and dis-count houses for deposits, rem liu as follows:

Joint-stockbsnue ^i' ra"*'DiBcoantboaseBalcall !.......!.' '. • a "Dlscoant houeei! wltb7 days' notice!... i 0_\'-uDlscoonthca»e8 with 14 days' nofice '.'.".'.'.'.'.".'.'.".".'.'.'.'.!'..'!

I ©I\Annexed is a statement showing the present position of the Bank

of England, the Bank rate of discount, the price of Consols,the average quotation for English wheat, the price of MiddlinffUpland cotton, of No. 40's Mule twist, fair second quality,and the Bankers' Cleariag House return, compared with tbeprevious four years :

IS72Clrcniation, InclndinK £

'

PiOth<GovernineniOther eecurliles ai,'546.'So' msj.'tiri 18iv(W,419 19,u55 31Reserve of notes and

OoT,!"and-baMIo.;"lr"'"•''' '"•'"•''*' "''"''^'° ^''^"•^"' "'•'"^"-

t,oth departments.... 81,37!,6I1 5!»,S5I,736 ai.:6'J,2!5 S-2.19<i,61i 27 095 2«Bank-rate 4p.c. b p. c, in ?. c 3>, p. c. a p. rConsols ^sa »3'i' i).3ii i!i« Mfi£?fl'»hwheat 6-». m. 568. lOd'. 6?a. M. 42%. 01. 448. Ita.Mid. Upland cottOD.... il'id. 8;ii. g^d. 7>4d. ewd.No.40mttieyarnfalr «d

^qnallty 1«. 41. 1» id. ]«. Uil. Is. OVd. llvd.

C.earin? HonBe retart. 63,5}3,000 95,09!,000 83.795.u00 9!,i97.u00 54.7ra,000

This week's Bank return shows a considerable increase of

strength. The supply of bullion is uow ai much as £37,095,323,while the total of "other securities" has declined to £10,000,7-10

The largest total for ihe y«-ar was ou the 5th of January, when' other securities" nmounted to £31.061,281 ; there has since then

been a diminution, therefore, of £10,134,470. The proportion of

reserve to liabilities, which, at the commencement ofitheyear

was only 28| per cent, is now 5154 pe'r cent. During the current

year the Bank ral« hag been reduced froa 5 to 3 per cent.

There hes been scarcely any demand for gold for export, andthe importations having been upon a moderate scale, supplies

have ontinued to accummulatie in the vaults of the Bank of

England. The silver market has remained dull, and the price of

fine bars has fallen to 5241. per ounce.

The following are the rates of discount at the leading cities

abroad

:

ParisA.tnsterdamUamburt;BerlinPrankfortVl«nnn und TrieeteMadrid, Cadizaud BarCftlona

Lisbon ,ind Oporto . .

,

St. Ptjtersburir

Bank Openrale, market,

per cent, percent..3

3

3H

1«i

S.'i

e37

BmsseltTurin. FlorenceRorue

LeipzigGenoa

I

(4etieva

1 Ne'.v York; Calcnlta

I

CopenbaetMi. .

,

ICon9tjntiU'-)ul9..

Bank Openrate, nsarkel

percent, per rcLt.

2M 2and

4

4>i@6

ISM.£

1P74.

£1875.

£J876.

£

la,9l)0,74l)

In the above, it will be seen that the Bank of Francs has

reduced its rate of discount from 4 to 3 percent. It was fixed at

the former figure on the 4th of Juun, 1874, so that a fuur per

cent rate has been in existence for nearly two years. The supply

of bullion held by that institution amounts to as much as

£80,100,000, while the proportion of reserve to liabilities is nearly

87 per cent.

The slock markets have been dull, and even consols havi; given

way, owing to the unsatisfactory aspect of the Eastern qiiestion-

The general public are operating to a very limited extent, andnot much speculation is in progress. Thero seems, at present,

to be no hope of any immediate improvement in values, and as

many c'assea of securities are at a low figure, it seems dangerous

to operate in any direction. With a view to check some of the

abuses which have caused so much sensation of late, the com-mittee of the Stock Exchange have passed a new rule, as follows

;

" No member shall enter into bargains in prospective dividends

ou shares or stocks of railways or other companies." Any in-

fraction of this rule will render a member liable to be dealt with

under rule 16. which may lecd to suspension or expulsion from

the Sioc'i Ex:hange.

The weather has been unsettled during the week, and there hasbeen a genial and opportune fall of rain. Ruin was u:uch

wanted throughout the country, the cold, dry, easterly winds whichhave prevailed for so long having pirched the earcU to such anextent that the progress of vegetation has been much impeded.There have, at times, been somewhat severe frosts at night ; but

the weather having been dry, not muc i damage has been d-^ne.

Green food for cattle has, however, in consequence of its scarcity*

risen to high prices, and for butchers' meat, enhanced terms havebeen obtained. As regards wheat, a firm tone has prevailed, andan advance of about Is. per ([uarterhas been established in prices.

The quantity of English grain offering has ontinued small ; but offoreign produce there has been a good supply. There has, how.ever, been a Continental demand for produce off the coast, andthis has naturally given soma firmness to the trade. It is not ex-

pected that this demand will assume any considerable propor-

tions ; but as the crop in France last year was not a large oneit is not improbable that a late harvest will compel Frenchmillers to make some moderate purchases of foreign produce.The wheat crop in this country looks promising on light soils ; buton heavy land, owing to the protracted wet, the plant has grown,unevenly, and is not expected to yield a favorable result.

The following figures show the imports and exports of cereal

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

from September 1 to the close of last week, compared with thecorresponding periods of the previous three years :

IMPOBTS.

WheatBarleyOatsPeasBeansIndian CornPloar

1875-6..cwt. S9.3ai).!l.39

8.S-«,5.37

8.00.3, -141

1.097,385Sfi.'.il3 371

.... 170JJ.140.... 4,801.ii5J

1874-fi.

88.541,281)0,ti57,527

6,ill,5-i2

1,355,676l.lWh.USn,«9 8376,113,UM6

»Vheat cwi.BarleyOatsPeasBeans ..

Indian CornPlonr

EXPOBTS.

374.779 173.81S51,741

S5;.»43i9,fB31.14M

25.SSO17,81«

18).b976.!,19i

17,3531,8-rr

42,57345,580

1878-4.3(1,153,058

7.11.'',r69

7,««,^"0852,9.37

3,082,17311.82!i,3:i<)

4,iai,!)bH

1,72.5.-) 302-31, ](i7

81,73710,2Tda.* 4

110.571

lOtJ.743

i8ta-3.3!.489,0!911,887.2087,t;0»,805

l.«lti,e44:

1.9;5,27714..55;,7S+

3,095,118-

324,7.W12,94417,.375

6.4071,840

30,576lo.SOL

According to the official returns for the week ending May 30

the sales of home-grown wheat, in the 150 principal markets

Page 11: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

June 10, 18: 6 J THE CHRONICLL or)9

of Eoglaod aod Wales, amounted to 41,957 quarten, against

61,378 quarters last year. In the whole Kingdoa', it is estimatedthat ibey were 107,900 quarters, against SO.'J.ISO quarten-. Sinceharres*, the sales in tlie 150 principal markets have been 1.701,-

130 quarter?, ajfninst 3,ii84,197 quarters, while in the whole Kingdom it is computed tliat they hare been 0,810,530 quarters,again'it 9,136,300 quarters in the corresponding period of last

season. It is estimated that the following quautiiies of wheatand flour have now been placed upon the British markets sinceharvest

:

1S75-6. 1874-5. lS73-t. 1972-J.cut. cwt. cwi. cwl.

Imports of wheat since harvest S9.i-i'l,m) 38,541,iSl 30,45J,0'(1 S3.4'i9,0:9Imports of tluur since harvest 4,801, ft^9 5,148,!w»l i.'iii.^U^ (i.O'^Iltbales of Enallsh produce 80,6'4,400 4!,115,€00 33,MJ,(;UJ 35,157,50)

Totll 74,706808 74,tO^,877 69 887.0>1 7.),<'4l.fifl

Deduct exports of wheat and Cour. 39J,595 219.3)2 1.838,ldi 3<0,J10

ResuU 74.3H,i03 74,551,483 «7,194,S:i8 7J701,OMAvornj; price of English wheat for

th(! siiKon 45s.8d. 44». 8d. 6U. 9d. 68«. 6d.

EnxllaU raarket Reporta—l>er Cable.Thedaily closing quotations in the markets o( London and Llvei

p-jol tor the past week have been reported by cable, as sh.wn itthe following summary

:

London Money and Stock Market.—The bullion In the Bankof England has increased £47,000 during the week.

flat Moo.Consols for money 93 15-16

" acconnt 93 13-16 S"

0.8. 68(5-808,) 1865 ;n4X -o

" " 1867 I09K gD.8.:0-409 107 aNew 58 108

Tnee. W«d Thnr. Frl.ia% 93 13-16 98 7-10 9iy,S8 15-16 93,'i 93 7-lb 91 H-16

104,H loj;; '.as loi?;110 iioiit i:o% imxIWi.V tOt.X 107 lo;106 lC6-i Kli)i 103«

Tb^quotsLCions tor United States new Gves at Frankfort were :

tJ.S.newflves 101;i 10J>i lOJii 102);

Note—By a typosraphical error, last Friday's qnotation for theec bondsWIS •;iv»u at 10J?i ; it should have beeo lOIJ,'.

Liverpool Cotton M-irictt.—See special report of cotton.

Liverpool Breadatu^s Market.—Sac. Mon. Tues. Wed. Thnr Frl.s. d 8. d. s. d 8. d. s. d t. d.

Flour (extra SiatRi ^hbl M S3 13 83 23Wheat(.\.). 1 si.riui;i..¥ctl !) » 9 9 9 9 9 a 9 9

•' i.Nii. 8 ^prUJg... " 9 3 9 3 9 3 9 3 9 3" iwinteri " 9 10 ~ 9 10 9 10 9 10 9 W" (val. white, club.) " 10 i o

a 10 2 :o 2 10 8 10 2CorD(n.»V. mti.i ^ qnarter ai; 3 28 9 81 9 2ti 9 86 6Fcas (Can dian) tt onarter 3b S(i sa 80 86

Liverpool I'rovisions Market.—Sat. Mon. Tues. Wed. Thnr. Frl.

s. d. s. A. B. d. s. d. 8. A. '. dBeef (mess) new ^ tee 80 >, 68 6 88 6 88 6 8!Pork (\\ 't.rne!**) uew ^bbl HO ^ 80 to 79 ,9Bacon (l.cl. mid. liiew^ cwi 48 8 48 6 48 48 47Lard (American) ... " ;0 B a 50 4il 6 5ii 6J bCfl<"e8e(Amer'n fine) " li 58 6 63 b 68 b 58 6

Liverpool Produce Market.—Sat. Mon Tne«. Wed. Tnar Frl.s. d. B. d. 8. d. s. d. 8. d. B. d.

RoslD fcom-non)... ^icwt.. 4 9 4 9 4 9 4 9 4 9" (pale) " lb >, 16 10 16 n 16

Petroleu.u(re(lued)....¥ga! 10^ C3103i 10 !i lO'i lOJi

" rspiiit") " 8 ^ 8 8 8 8Tallowi-primeC:!})..* cwt. 41 3 a 41 3 41 3 41 3 41 ij

Cloi'erseed (Am. red).. '• S") 55 65 55 65Bpirits turpentine " 24 84 83 6 i; 6 83 6

London Produce and Oil Markets.—Sat. Mod T lies. Wed. Thnr. Frl.£ s d. £ s. d. £ 8. d. £ 8. J. £ s. d. £ s. d.

Lln«'dc'lie(obl).|ltc. 9 l.'S 9 15 9 15 9 15 n 9 15Linseed rcalcuttal 45 6 >, 43 6 4.) 6 4b 468a?ar(No.l2U'chBtd) 3on spot, IJ cwt 816 3 81 6 31 C CI 6 21 G

Sncrmoil «tui)..86 ° 86 Sd 8b 8iWhale oil •' . 34 -i 31 84 3t 31Linpwed oil....'? cwt. 83 : S3 •:3 S3 9 83 9

Commercial aub iilisccUaiicous News.iMi-oKTi AND ExroKTS KOR TUB VVekk.—The imports this

week show s decrease in both dry goods and sreneral mer-chandise. The total imports amount to $4,087,(!G8 this week,ajfainst $.j,243,423 last week, and !j;G,8;)3,0lo ihe previous week.The ex ports amount to |;.t) .574,347 this week, against J;."),224,4o0 lasi

week and .$•) 2(52,035 the previous week. Tlie exports oi cottonthe past week were 0,431 bales, against 5,480 bales last weekThe tollowlniraretheimports at New Vork tor week enciinv (toi

dry goods) Jiiue 1, and tor the week ending (tor general mer-chandise) Juue 3 :

FOREIGN IMPORTS AT KEW TQ-R FOR THE WEEK.1373 18:4.

8*6,8:3 $:,vn 0095,:W5,403 6,9:;8 7i9

Dry gocdsGeucru! mercuandise .

1875 18 6.

$1,871,819 , t7bU.S094.b2:),708 3.327,159

Total for the week. $h..?S!.831Previously reported lSii.3bl,5TJ

*8,8(;5.33S1 7,- ,70s 830

S-,«ll4,b07

158,937,888

|11.08r,b6S

is3,a7:.545

Since Jan. 1 . Jliia.Olb.SIU $lb6.9;2,J23 $153,841,895 8137,365,213

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

The following is a statement of the exports (exclui-ive of specie'*

from the port of New York to foreign ports, lor. the week endingJune G:

ZSPORTS racK new tork for the week.1873. 1874. 1875. 1873.

Forthewek $5,611,912 $(<,6I1.:03 $."i,!!)3.-09 $3,^74.3nPreviounly reported.,.. 116.723,07^ in.gi'J.ObJ 99.670.3j6 10:,%8,99l

SlaceJan.l $122,310,070 8181,470.703 $I05,ir.3,505 $107,543,8Sj

The followloK will ibow lb* nxporta of apMlo from ib« pnn ofNew Tork (or the weak nnding June 3, 1970. and aiuca tk*b-tginning of the year, with a eoniparlsoa for ibr correspondingdat* Id preTious Tfira-

May 81-8tr. John Braii;a:l Bt. John, P. R..Tr.id«d>ill«n |MOMFr. ciional aUver. . . tS^lXO

May 8!—Sir. Aby»»lnl« Liverpool Amrrican eolil yi^.tSOMay 31—Str Wlimlnjjion. ... Hnvana ... , rririlnnirtlvM' IVOOJuue 1—:l.r buevla P ymnulh AmiTirau !:<>M R'la. . I'OfCO

Loiidiw Mexican illrtr CS,0DOPars (ioln li'<r< M,rrollumhiirg Hllrrr bais £0^000

JaneS-Slr. Cliyof New Totk.lJatana "panUb unM 4.n*Fraciliinaisllvn-.. .. l.HOAmrrlcaii ualil coin.. :3,S7A

Janes—Str. Celt c LIverpOKl M.xtcon »rnr oin.. fO.iMSllt-rlurs :ia.taOAaierlcan gold coin... lOr.OOO

Total for th« week $li«7,6k3

PrevioiMly reported 1I.0.I5.PIT

Total since Janoary 1, 1876 (S\(Klt,1IO

Same time in— | Same tim* ID—1S75 $31,1 '3.510 I two •UtMMf1874 2J.91 MUM

IIBM U,t<lJM

H73 V3, !1I5.97II18118 ¥<.;!».10H

1878 !i(i,nt9.'0i1 18«7 jnosa.eii

1S7I 35.M11.4-.I) ' 1886 ;,7,i1T.Mi

The imports of specie at this port durloj; the past week havebeen as follows :

May 59—Sir. Tyhco.. Porto Ca!iello..S>llv«>r foln...Gold coin....

May 81—Str. Cllyof Mer:da ..Vera Cruz Gold coin....Sliver coin .,

Maj- 81—Str. Culou A»plnwjll Sllv.-r coin...GolM coin...Gold bullion .

Sliver bars...Mkv 31 -Sir. Etna Bnensvcnta ...'•liver co u .

Juue 1—Str. Columbus. . .....Havana Gold coin ...

«.lSi)

».il6t

... 11,448«.M>$,«M1.001

t,««0

to

Total for the week fSl,BWPra/lonslv reported..^ 1.I8',7S1

Total since Jan. 1. 1878 flJIi.!*!

Same time in—1870 »«.«98.B«1861 6M*.ttOiS-iK :,t^o.Ml18^7 I,5l8.8t8

Same time In—|

1875 $6371.9121187-! a.t!i;.S81

I

1S73 2.5Si.;.61I

1878 7i«.2b9|

1671.. .. . 3.C41.711

1

Valley (of Virgriiiia).— .\ meeting of the stockholders of i1>Ib

company was held at Staunton on the SOth ult., and the followingresolu'ions were submitted :

7?ettotf€o', Tiiat the board of director* be. n"d are hereby authorized andempowered t^ ieaire the Vii ley Railroad fron Hirrlfontiirff to ?t;aanton. andprorata. a» it maybe comi)fetod in sections ..1 lweniy-»ix miles aontb ofSttiunt. n. f«r the term of tiftecii years, at $80,000 pvr auuam, and half of thenet earnings.

.Sesolve , I hat the boird be authorized to lease 'he road by the month, at$8,000 perinonih, until a permineM lea-e is effected.

Kesolvid, That any company leasing the raad liy the month (hall pledge its

equipment unencumbered as security.

The resolutions were adopted, Mr. Keyser, of the Baltimore 4Ohio Railroad Company, volinji no.

Colonel Allen offered a resolution that the president and direc-

tors he instructed to call the aiteuiion of the Baltimore & OldoKiilroad to the unse tied condiiion of its accjunts with the ValleyHailroad, and to request an immediatu and amicable adjustment.Adopted.

—Now thai the heated term is upon us, a Urge numb°r of ourcitizens are lookins lor places in the country for board for thesumtuer season. The New Jersey & New Vork Railway runsthrough ths northern portion of New Jersey into Rocklandcounty io New Vork. AIoiij; its liue are many beautiful placea

where pure air, good water and fine scenery are readily to be had.

.^n advertisement in our today's issue of the CuRUMCLE calls

attention to the fact that suuiiiier board may he had aluug theliue of this road at very moderate prices. Express trains are lunmorning and afternoon, and commutation tickets aro sjld at alow rate. Among the numerous stations on the roaJ, we maymention Ilackensack, Oradell, Westwood, Hillsdale, Poscoek.PaikKidge, and Montvale, in New Jers y; auJ Pearl Uiver, Nanuet,Spring Valley, Pomona, Mount Joy, Wes; Haverstrawand StonyPoint, in Rockland cjuuiy, N. V.

—Holders of miscellaneous investment securities are referred

to the card, in to day's CuiiONici-E, of >Ir. Samuel K. MacLeanof 00 Broadway, corner of Wall street, Mr. MacLean has beenestablished over thirteen year.^ and during that t me has made aspecially of investment, securities, tie also deals iu commercialpaper and exchange, and makes collections on country andforeign points.

—Thif Western Union Telegraph Company has declared aquarterly divif'end of one and a half per cent., payable on andafter July 15. Transfer books close on June 20 and reopenJuly 17.

Cai.ifobxia Mixiso Stocks.—The tollowius prices, by teleztaph, are fur-

nished by Mcfsrf . Wm. W. Waltemiu .& Co . 8ii Wall sireet, X. \".:

Alpha 87 Consol. Vir..*74Belcher 19 Crown Point. 13

Best & Belc. .'8 Eureka Cons. 11

Caletli.nla. .. '9 Gould & Cur. 15

California... fZ Hale & Xorc. 57Cho^rPoto^l 53 Imperial tbj;

•New shiires. ^ for I.

Juue Dividends.—Con. Virginia, %i, June 11; California. gS. June 15.

Texas Securities. --Mes-rs. Forster. Ludlow &, Co., 7 Wall •t.,qaote:

Stale 7s,Kld 5108 5109>i |State IDs. ' 16 99 ... 1 Aostin 10s...$« {103

7s.i; 311 yrsJlOfl JllO IDs, pcBs..S 106 $107 Dalla« 10s . . M ....

los. 1834..|iai |103 I GsoriS98. 9lj 9i 1 8, Aot'io 10a. 80 ....

i With interest.

Justice 88Kenluck 18Mexican. ... 58Ophir .... t6Overman CI

RayM * EIv. 8 I

t New share*. S for 1.

Savajc* 17Sierra N«T... ISSilver Hill... 8Union Consol II

Yel. Jacket .*38

Page 12: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

560 THE CHRONICLE. [June 10, 1876.

(Jhe Bankers' ®a?ettc.NATIONAIa B.LNKS URQANIZBD.

The United States Comptroller of the Currency furnishes the

following statement of National Banks organized the past week :

3.334—Farmers' Natienal Bank of Pcnasburc. PennsylvHnia. Aathorized

capital, $101,000; paid-in capital, $50,000. William P. Read, President

A. F. Day. Cashier. Authorized to commence busine-s .May 31, 18<6.

DIVIDEND » .

Thefollowlnjrnivlrtendd h^vA rocentlT beer, annonnced ;

COMPAHT.PKB WUKK UUOKm O'LOBLD.

Cbst. P'ablk. Days inclnsive.)

Rallroadai.New York Central & 11. R. iqriar.).

Now York N. M. Haven &Hmifioel laneons.

Lehieh Coal & Nav. (qimr.)

Western Union Telegraph (qnar.). ..

July 17,Jnne!9toJulyl9July 1 June 7 to July 1

3 June 31

IX 'July 15iJnne21toJnlyl8

FRIDAY. JUNE 9, 1876—6 P. M.

The money Market and Financial Situation.—Theprincipal features of the past week have been the suspension of

the Atlantic Mills of Lawrence, Mass., and Cochrane, McLean &Co., dry goods jobbers in this city, a renewed strength and activity

in government securities, and a rather better tone in speculative

stocks on the declaration of a dividend by Western Union Tele-

graph, and good reports of railroad earnings for the month of

May. The embarrassments just referred to are, perhaps, desig-

nated more Droperly as liquidations than faiiures, if the large

amount of reported assets in proportion to liabilities, may be

taken as a standard; in the case of the Atlantic Mills, the treasurer

states that the land, water-power, mills, machinery, &c., stand

charged at $3,400,000, and the value of the cotton goods and sup-

plies is estimated at $335,000, making the total assets of the cor-

poration !«3,63u,000. The debt May 37 was $843,500, whichdeducted from the assets leaves a surplus of $1,783,500. As to

the jobbing house, it has been known for some time that their

paper was not selling well in this market, and it was not there-

fore so great a surprise when the suspension was announced; in

their case also, the amount of assets is said to be large. Theoccurrence of such failures, however, after putting the l)est pos-

sible face on the matter, is undoubtedly prejudicial, and the effect

is immediately seen in the preference given to exceptionally

choice paper, even at 4 per ceut., and in the demand for govern-ment securities at the high prices now ruling.

Our local money market has shown no particular change, therates on call being 3@3i per cent., and on prime paper 4 to percent., with much discrimination iu favor of the choicest paper.

On Thursday, the Bank of England reported a gain of £47,000specie for the week, and the discount rate was left unchanged at

2 per cent. The Bank of France gained 13,091,000 francs.

The last statement of the New York City Clearing-Housebanks, issued June 3, showed an increase of .$3,041,935 in theexcess above their 25 per cent, legnl reserve, the wliole of suchexcess being $16,450,150, against $14,414,235 the previous week.The following table shows the changes from the previous

week and a comparison with 1875 and 1874

:

. 1876. . 1875. 1874.May 27. June 3. Differences. June 5. June ti.

Loans and dis. $-351,4;i-2,700 8250,679,500 Dec. 8813,200 8231.-Wl,2iO S2-9,!l-iB,300Specie 17,363,500 n.4S8.80(lInc.. l!n,.30n lrt,ii53.2iX) i4,382,100Circulation... 16,019,20.0 15,<M1,800 Dec. 115,400 lfl,790;fiO0 26,764,0C0Net deposits.. 208,'<7S,-00 2ll,l<)6,t,0J luc. 2,217,900 233,421,100 231.91-3,-3110

Legal tenders. 4'J,2!IO,400 51,7ti').5O0 Iiic . 2,476.100 61,1)32,300 61,890.800

United States Bonds.—The strength and activity in govern-ment securities have been one of the noticeable points of llie

week. There was a marked advance in the prices of five-twentiesin London, which seems to be scarcely accounted for satisfactorilyby the telegrams that it was owing to large purchases made forthe Continent. Both in London and here the advance was chieflyin the per cent, is-sues, and comparatively little in the 5 percents, which seems to indicate that purchasers have lost confidencethat practicable funding measures will be adopted at the presentsession of Congress. Notwithstanding the large advance inLondon (generally attributed to the fear of war in Europe), therehas been little done between that market and this, as there wasno sufficient margin for profitable transactions. Tlie largestbuyers here have been, as usual, the moneyed corporations, butthere have also been numerous inquiries from individual investors,who have been made very cautious by the decline in stocks andrailroad bonds.Closing prices of securities in London have been as follows:

IMayS6.

U. S. fis, .^-20b, -m-y, old...U. S. 6s, 5-208. 1867U.S. 58, 10-408New 6s

June June i,—Range since Jan, I, '76.-

9.I

Lowest.I

Highest.

104Vi109)2106JiIMVH

104X 101,',' ,x'.03':C Apr. l-Jl rei-i Apr. 61095^

IllOJi

I107i(Jiin.. 31 111 June «

103K107 "

I 105X Apr. 20 UI8H Feb. 10106^ I lUlH' Jan..l3 106;.^ Apr. 6

Closing prices daily hav& been as follows:[June June June

Int. period. 3. 5. 6.

68,1881 reg. , Jan. .fc July. *119)i *n9 *1196s, IS^l coup., an. & July. 1-12% 12-J% •123«s, 5-208, 1865 reg..Mav & No^.*n.J>i *115)i *li5)<6s, 5-aC6, 1865 coup. .May & Nov. *115i^ •lloJt 113>f68,5-208, 1865, n. l...reg..Jau. & July.-'liex *ll«>s *llt;>i6b, 5--J0S. 1865, n. i..coiip. .Jan. & July. \Vt}i *ll9Ji *11!)H6s, 5-2UB. 1867 reg.. Jan. & July, llgi/s *118ii •l'.s>i68,5-208,1867 coup.. -Ian. & July. 121K *1213i li268,5-20s, 1K68, ...reg. .Jan. & July.*12:)>i *l2n'.,' •1201468,5-208,1808 coup.. Jan. & July. lS:i!^ *I23X 123?^68, 10-408 reg..Mar.&Sept. 117ji i;i% mii6«, 10-40a coup..Mar.&Sept.*llS;i llby, 118WSe, funded, 1881 reg.. Quarterly... .*U7Ji 117"^ lITi6«. funded, 1881. .. coup.. Ouarterly.. .. »ll7Ji 117»i *117i<6e, Currency .. ..re".. Jan. & July. 124>^ *124!4 •I'MJ^

* This la the price bid, no sale was made at the Board.

June June8.

120

June

119J-,' 12012i)i •123V 12l»f

*11-V/, •116« •116«:i5»i *11M.,' •116*mi4 117 117nan UOli 120if119 ll>'><f 119 !<

i2J!i; 122;^ 12!3i•120./, *]20»i •120 !i

*i23;j *12lJi vmiv.rzi lis 118ns\ *:i89< IIS',-

m^i 117'/, •117KllTKa 117Sii 117*1;

•123 •l-io-i *.iiU

The range in prices since Jan. 1, 1876, and the amount of eachclass of bonds outstanding June 1, 1876, were as follows:

, Since Jan. 1

6s, 1881 reg.6s, 1881 coup.6s, 5-208,186^ coup.68, 5-20s, 188% new..coup.68, 5-20S, 1807 coup.6s, 5-208,1863 coup.6s, 10-iOs reg.58, 10-40S coup.58, funded, liSl.... coup.6s, Currency reg.

Lowest.119 June 1

120Ji Jan. 10

114"/2 May 11

117 Jan. 41 10% Jan. 8119?!^ .Jan. 3

116H Feb. 6lis Jan. 4

1163i Jan. 4

I22?i Jan. 5

Highest.

123Ji Feb.l-ay, Feb.118>i IMch.

VZ'i'/i June12 'Ji June123^^ June119J4 Jan.121 J£ Feb.119 Feb.l-i8 Feb.

23

.——AmountRegistered.!$193,549,910

33,976,15600,260,50092,373.000

14,888,000141,765,100

217,;(19,t00

&4.623,612

June 1.-—

,

Coupon.

89!i8fy',466

116,582,500142,41 2,600218,549,75022,585,800

52V8'0l',2aO

298,106,400

State and Railroad Bonds.—There have been few transac-

tions in State bonds at the Board; Tennessees are about 1 percent, lower than last week, and the new Louisiana consols arealso easier at CoiSOoi. In a decision of the U. 8. Supreme Courtreferring indirectly to the Minnesota State Railroad bonds, the

opinion alludes, by-the-way, to the State's position as regards the

holders of those bonds, and affirms very distinctly the moral obli-

gation to settle with them.Railroad bonds have been well sustained on a moderate busi-

ness, and prices of several of the popular issues are higher.

Union Pacific first are about | higher than last Friday, and Central

Pacifies about 1 per cent, lower. The questions at issue l>etweeii

these companies and the Government are still unsettled, but fromthe decided change in the terms of the bills reported to the twohouses of Congress, it seems more than probable that they will

effect some arrangement for a sinking fund that will adjust all

their differences with the Government.

Messrs. A. H. MuUer & Son sold the following at auction :

107 Niagara Fire Ins. Co lUX337 Louisville, New Albany &

Chic. RR. Co SX1200 Memphis & Charleston RR.

Co 5SO Pacific Fire In-i. Co 24965 Peter Csoper Fire Ins. Co... .201200 East River Nat. Bank lOO

lOU Pacific Bank 143

490 Boll's Head Bank 5936035 Nat. Bank of Commerce 115

7 Msiitauk Fire Ins. Co 166X50 Third Nat. Bank of N. Y. ... 98>iItO Tradesmen's Nat. Bank 131

14 Howard Ins. Cu 153

10 Guaianty Fire Ins. Co 63X

Shakes.260 Citizens' Nat. Bank 110Bonds.S500 Ind. & Madison RR. Co. Ist

mtg 7s T,ii25,000 N. O., Mob. & Chat. RR.

1st mtg. 89 366,000 Ohio & Miss. RR. Co 7s

deb. sinking fund bonds. 61^"

1,500 Toledo* Wab. RR. Co. 7

per cent equipment b'ds. 6^3,000 Burl., Cedar Rap. & Mmn.

{Muscatine Western Ex-tension) Ist m-g. con.bonds 13

10,000 Third Av. RR. Co. 7 percent. coup, bonds.. 98^^101 Vi

Closing prices of leading State and Railroad Bonds for three

weeks past, and the range since Jan. 1, have been as follows:

May June June .—Range since Jan. 1. '76—,

States. 2ti. 2. 9. Lowest. Highest.toy,

•43

15Ji

•451^

43)4•15•73'/.

*1»

•71X

42 Mch.40>f Jan.15 Jan.

76J4 Jan.

284

42«

48 Jan. 31do 68, new 4fiJi Jan. 81

13 Mch. 10

Virginia 6s, consol 76'/2Jan. 2!»

do do 2d series... ....140 Apl. 18 46 Si Feb. 20

Missouri 69, long bonds 11-6 10614 ICO^i 100 Jan. 3 10.5i June 1District of Columbia, 3-05S •69 63« 6U)<( my, Jan. 21 75 Mch. 14

Railroads.Central of N. J. 1st consol. .. lOlV, •10") '105 104)tf May 26 112« Mch. 3Central Pacific 1st. 69, gold . .

.

108 « 109 108 104 Jan. 111 109'^ Men. 20Chic. Burl. & Quincy consol. 78 •1:2 'in71fJan. 4!lllKMay 3Chic. & Northwest 'n, cp., ?old !.3'4 s89!< 9«,'i ; Ban Jan. 3 94 Mch. 13Chic. M. & St. P. coos, s fd, 7b 8W smi MX 79!i Jan. 3 90),' Mch. 11Chic. R. I. & Pac. 1st, 7s •110 •llOJi 110M.107>< Jan. 3 linji June aErie 1st, 7s, extended •107^1*109 *109 108 Jan. 2Sill5!.i Apr. TLake Sh. & Mich. So.2d cons.cp ...

1.... •9.3 100 May is!l00 May 18

5 107 Mch. 20Michigan Central, consol. 7b. .

.

•100),'1*1CO'4 100'a' 99 May

Morris & Essex, iBtmort •114 'lU •115!i 114 Jan. 4,121 Mch.2TN. Y. Cen. & Hud. 1st, coup. .

.

*ll7><;i*ll9i/4 119 May 9. 123!^ Mch. 4Ohio &, Miss., cons. sink, fund OS'/jl *9:< 100 92)i Jan. 8 lOQi-i June 8Pitisb. Ft. Wayne & Chic. lat. 119'/j •119 *119V lU'/j Jan. 11 120 May 18-

4 102 Mch. 21St. Louis & Iron Mt.. 1st mort. •101 toi% *iom 95 Jan.Uuion Pacific 1st. 6s, gold V'ifi 104y, 105 ;i 1(12« Jan. 4 106 Mch. a

do sinking fund.... ilO 69 *S9y, 1 87Ji; May 20, 97'< Feb. 21

• This IS the price bid; no aaU was made at the Board.

Railroad and miscellaneoas Stocks.—The stock mirkehas been sensitive, but tlie general tone perceptibly stronger.

Lake Shore and Michigan Central have been conspicuous duringmost of the week, and as to the former, there have been frequent

reports of a probable dividend in August ; for Michigan Central

the best card has been the increase in May earnings. WesternUnion Telegraph has declared a dividend of 1^ per cent, for

the quarter ending July 1, payable July 15, and based on the

following statement :

Net profits for the current quarter ending June 80 (June and part of

May estimated) $735,483Add dividend received on the shares of the International Ocean Teie-

grat-ri Co. held bv this coniDany - • 125.000

Aiirt surplus April 1". 102.-)02

Mokes a total surplus July 1. 1876, of 4962,891Interest on the bonded debt for one quarter $116,576

One quarter's proportion of sinking fund 20,000136,576

Deducting and setting this aside leaves 5326,314Amount of the purchase of Southern & Atlantic Tele'_'raph stock.

about $200,000, deducted from the balance of S826.314, as above.leaves , . . .$f2a,314

Expended for construction of new lines from January 1 to May 1, 1876 32,900

Biilance of surplus $.593,413

A dividend of l)iper cent on the capital outstanding requires 50,'),720

Deducting which leaves a balance of $86,693

The American Express Company, we are informed, had alarger business in May than they ever had before in any single

month. The jreneral market has been favorably intiuenced bythe reports of railroad earnings in May, which are given at length

Page 13: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

June 10, 1876.] THE CHRONICLE/ 661

on another page. Towards the close of basineBS to day there wasa sharp decline in Ohio and Mississippi, which was reputed tohave been occasioned by larpe sales tor account of a holder inMontreal ;

the late hour, however, prevented the tracing of thisreport to an authoritative source. The decline of IJ !„ t),js g.„ck

I nflucnced to some extent tho rest of the list, which closed heavvTotal sales of the week in leading stocks were as follows •

June 3.

8.' «." 7..

Pacinc Lake Wesfn Ohio & MichMall. Shore. Union. Ml8B. Erie.4.43'i l«,40il 23.751) 2,WO 3.225 2.B518,900 48.210 a7,200 32.'K) 8,9 -,0 fi,20)

17 100 2-.7d8 3I.2!(8 .3,510 5,(i00 2,f.50S4.7;;0 57,9.'X) '2S R.W- I 100 8,10.1 SOO37,600 81,000 17.400 8,1500 4,800 2.40021,440 88,600 13,300 9,200 4,f.00 7,-.W

St.PaulSt.Pniil. prcf.

14, nn '^--

9,800KlOO3,80.)

3,vin

8,313

8,S0018!K)J9,0(10

5.E0O3..',(I0

8.400

floverelgat {4 87Napoleon* 3 88X X Retchnurkt.... 4 77X aulldcra 8 WXpanlth DodblooBi. 19 70Mexicaa Uoublooui 15 60Pine (liver ban 1 12)^i

DlmraA half dimes. — ttIjir.'C >llvi r, )itt,)i» — ttFlvi- fr«nc» — »1Mexican dolUra. ... — 11Engllnh illTcr... ... 4 to

TrsUodulIan.. -M

Total 1I2,IC5

Whole Btock. ..8U0.UU018^,813 130,788 23,4 29,fi75 28,.s.V) 4H 2(M 43 «(iri*U.mi 337,871 200,000 780,000 ]87,:«« li3,\m lit?"

Tlie total number of shares of stock outstanding is given Idthe last line, for the purpose of comparison.

The daily highest and lowest prices have been as follows:

Saturday, Monday,June 5.

Tuesday,June 6.Juue 3.

At. ft Pac, prfAt.* Pac. Te'. 15 15 •15 16 •14VCt'ntral of N.J 88X SiJi 84 85 (< WX 85SC. Mil. ft St. P. S9X 40K 40 40 ;< 39i 40!<

do pref. 69 m% 69!^ 70 1< 6KX 70i<iClilt.&Ncrt.h. 40X 40 .» 40X 41H 40J^ il%

do pref. 60H 60X «)X 03 i:'4 62 !iC. K. I. & Pac. 106 106JV 106V 107 10«J< 107 .<

Col.Chlc.&I.C 4X iji •IH .. •*^ 4AI)«I. L. A West 107 109 108 I08X 107X 108Krie 14M Uii 14),' li 14)i UHHan. &St. Joi 123,' 13 18 13 1( iSa liH

do pref. 23 22 23X 23

«

JIarlem 138 1S8 138 1S8 '13S111. Central.... •.... »« 96>^ 9(iX 96X 97>iLake Shore ... S2X 63K Six H^ 53X 54h.MlehlLjau Cent 46X 47 X 47K 4.8^ 47^ 48.\.Y.Cen.*H.B 110 110 iiO)i nun 110 110l>blo& Miss... 17 17K 17 l-« 17 njiJ'aciacMall . 2-X 27>i 26H r,% 25^ 26Vf'aclflcof Mo. 10 12KPrtnama •187 140 137 138 •136 139(Julcksllver.. . 15)i Wi •13 16 •15 18

do pref.St. L. I. M\& S.

•19 83•15 .... •is .... •16)4 20

St.L.&K.C.pfT. Wab.& W.. •2 ax 2)i 2!4 2 i>4Union PacIUc. 60 60 60 60 60 60West. Un. Tel. i'H eaji 68K e'J% 68« 70><,\dani8 Exp...American Ex

.

lOS 108 10 109 10962y 63 63 63 63K 63X

rnltcd States. 73*' ;4X 74 15 75 75

Wednes'y, Thursday,June 7. June 8

.il« .!.«

SIH 88!438X S9V6TX 69V39X 40)559V 60V

106), 107V4V( 4)i

107 107H13» 14)(•125 13«22 22138 l.tSW97 9753K 51«4614 47X110 110

15 1582 85Slil^ 411

68 Si 6940 4«VWH 61V106?« luejj•4« IK107X 107Si14« U%pa 13 >«

22 33138 1.3S

97« um53, 54K*V.i 47 K

109H 110

17 17»ii

23V •a-K10

136

is" i8'"8

2« 2«•59

68 ?4 69107 WH

16V21 7r!

5V•136

17X047

Krlday,June 9.

is" li"88X 83l<S9V 40«69 69^40V 41H61 6lH107X 108X

107X lOJJi13» 14X

'i'l'ji 22JiISSJi 138 s•97« 97«MJ< 54K;«7X 48«

109s 109X16X 17

23V 24K

Fine gold bar* par® l^prcm.

Excta«nKe.—There has been a very mndnrate buitaess inforeign exchange, and the nominal rates of leading drawers bavaremained unchanged throughout. The Kaat^rn dllHculty, whichhaa been the principal inlluenca talked of in London, has thuslar affected us l>ut remotely, and until the war iiuegtion Is moradefinitely settled it will hardly have any more weight her<'. Thesupply of commercial bills this week is not large. Itates for for-eign exchange are as follows:

Crime bankers' starllnc billion London....Go<k1 bankers* doGood commercialDocumentary commoicial „.Paris (francs)Anlwerp (franca)Swiss (francs)Amsterdam (Kullders) ...,,.Hamhn ri; (rclchinarkoFrankfort (relchmarki)Bremen (relclimarks)Berlin freichmarka)

go darn.i.8:%^4.SB4.87 (

i.» I

>.18)(lS.IO I

5. Ill VIlOHi96SB«tM

—Jane >.-

.16

.MX«>MMMl»K»HMH

The transactions tor the week «t theUnstom Uoose and 8ab-Treasurv have been as follows:

90)4 90)4 90)4 90)4

... 15>4

•i7" 18H2SS4 392)4 2)460 6068 68V

109)4 108)4 I09-.r

<~ &•) 63 63•li'4 76 •71)4 ....90)<( 90)4 90)< 90)4

6136

17V

•2)460

6)4

22I7V

^^'^'.If','''"'^"" .*'? *''< =">* *'" '•*'>< '".'< 9o;<( 90)4 sowThis Is the price bid and asked ; no sale was made at the Board

Total sales this week,were as follows:

68)4 69)4K8s« 10S)463,*4 63 ;i

74 7590)4 90)4

and the range in prices since Jan. 1,

Atlantic & Pacific pref-Atlantic & Pacific Telegraph . .

Central of New Jer.seyChicago Mil. & St. Paul

do do pref. .

.

Chicago & Northwesterndo do pref...

C'hicaso Rock Island & Pacific.

.

Columbus Chic. & Ind. CentIfelaware Lack. & WesternKrieII aunibal & St. Joseph

do do prefHarlemIllinois CentralLake Shore

,

Michi<;an Central,N. Y. Central & Hudson River.Oiiio <fc Mississippi

,

Pacific MailPacific of MissouriPanama<iuicksilver

do prefSt. Louis I. M'ntain & Sonth'n..St. Louis Kan. City Jt Nortii. pf.Toledo Waba.«h & WesternI'nion PacificWestern UillSn Telegraph.\dam8 fisnress-•Vmerican ExpressI'nitcd States ExpressWells. Farijo <fe Co.

tiales

ofw'k. Jan. 1, 1876, to date ,

Shares Lowest.[ Highest.

50 ]J4 June 8 7 Jan. 312-55 lt>i May 25t 22 Feb. 24

8,391 79)4 May 22 mm Feb. 941.883 SSiCJan. 61 46« Feb. In18,500 til May 5l84'4Mch. 139,150 m Apr. 28| 451-4 Feb. Ifi

1»,310 55% May t,\ h7>4 Fob. l.-i

8,088[103)4 Apr. 24 Uly, Feb. 18132 31/, Mch.2-,i 6i4.Jan. 28

8.0,-2 103)4 Mav 22 120'i J.in. 388 (176 13 Ma> 22 23J.'Mch.]31,390 )2?iJune 31 22»{ J,m. 81

8fKl 20)4 May 2-ii .33>i .Ian. 311,375 130« Ian. 3!l4-> Feb. 1485i 95 May 1 103!^ Mch. 13

mS.si" &l>4 May 2:1 68)^ Jin. 1;' 43 May 5 G.JS4 SIch. l."

3.140 lOIJi22,4«" 15 Apr. 29112.1fi6 16H Apr. 10

5,73:) 534 June S315 127 Jan. 4lOJ 1194 May 24

21 May 18360 15 Jan. 4210 28?-,' Jan. 7

3, 400 8 May 187.50 57)4 Mav 25

136,788 63J4 May 1

191 101)4 Jan- 6993 57 Jan. 3

1,319 58 Jan. 262.!'88 8034 J-in. 7

Jan. 3,117X Feb. li

~ 24»4 Feb. I

39^ Jan. 1716 Mch. .31

140 May 24

20!ij Feb. i'l 1:)'

2454 Feb. 22i)>i Mch. !

3:1 Feb. 2t

6fi Jan. 8v

74 1< Jan. VSOJi Jail. :)1

112 Feb. 13

07 Feb. 14

76)tf Feb. 1491 Feb. 14

Whole y'r..— 187-5 ,

Low. High8'4! 18

17H; 2i«99)4; 120

Cnatom ,

HoUBeRecelptB,

June 3 $210,0005 399.000

" 6 256,W)0" 7 209,000

8 894,000•' 9 264,000

-Recelpla.-Snb-Treaaar;.-

Oold.$557,214 87417.970 81269.741 9488J,«.M 88465.005 43515,936 33

Currency.$-185,949 IS679,430 «4490.33< 06

1.410,713 98428,717 21415,4:6 84

Gold$1-10.751 09883.618 CO131,740 15

1.506.796 9S201.699 31155,0«I 14

Paymenta.-CarrencT.

$»S8,(rT7IS^4g4.t» Mir70,SS7 48

l,0il,983 7S581.840 TO779.404 18

Total $1,631,000 83,109.523 40 $1,810,558 40$.>MI,6CS OS $4,747,141 BTBalance, Juno 2 .37,870.790 93 31.019.301 97Balance, '• 9 37,873,648 68 .i3,oe8.7S8 '8

New York City Banks.—The toUowIng statement show*the condition of tlie Associated Banks of New York Citv for theweek ending at the commencement of business on June 3, 1876:

Bahks.Newrork.Manhattan Co...Merchants'MechanlcB'

tiOansaDdCapital. Discounts.tS,000,0003,050.00V

-ATaaAOB AMOUNT OP'Legal

3,000,0002,000,00«

Union 1,500,000AmericaPhtenlxCity .

Tradesmen'sFultonChemical

JMerchants'Exch..

28)^1 40)4 aallatln. National.."51

1 67)4 iBiitchers'&Drovers*

^3 '4 48>4 IMechanlcs&Traderi

4rt RijJ 1 Oreenwlch"'S ' Leather .ManufSeventh Ward....State of N.York.. .

American Exch'ge.Commerce 10,000,000Broadway 1,000,000Mercantile 1,000,000Paciac 4-32.700

Republic 2.000.000

'00S4 109J43 I 954

10fiJ4 12313)4 i .3'.i,4

i5;4j 30)4

187>4il3i88)4

1 10651)41 80)453

I821.4

00 IIOIJ?

14J4; 32)4

30JJI 45)4)4; 55

10>4 172

2013

19X21/2

3670,'4

985041>471

3341274521«82)4

8IJ410l.«65

65>tf92

XUe Gold Market—Gold varies an eighth per cent, accord-ing to the tenor of foreign dispatches from time to time, and thisis about all there is of the market. The export of specie hasfallen off, and a good deal now depends on the shape assumed bythe war question abroad, which will direct to some extent themovement of the exchanges, and influence both the shipments ofbreadstuifs and the prices of U. S. Government bonds abroad.On gold loans today the borrowing rate was 1 per cent. Loans

were also made fiat and at H, 1, 3, 3, and2i per cent, for carrying.• iistoms receipts of the week were $1,G31,C00.The following table will show the course of gold, and opera-

tions of the Gold Exchange Bank, each day of the past week:

3,000,0001,300,0001,009.000i.oon.'xn600.000soo.oou

1,000.0001,500.000500.000600.000200.000600,000300,000soo.'oj

5,000,000

--'SalSpecie. Tenners.

l,f.8l*.O0 I3.4ll-I,'300 11.151 .3af«..i0«.30O Si"..!);* 3.5«i>.3£0

3.:i3.no —

895.100SES.SOa

1,019,01 C1^4.400

S»5. .00

51.*I(I2.60U

4S9.'0O

IM)27U.000

55,00(1

18,500

Chatham.People'soorlb AmericaHanoverIrvingMetropolitanCitizensNassauMarketSt. NicholasShoe and Leather.Corn ExchangeContinentalOrientalMarineImporters'* Trad'riParkMecti. Bank'gAsso.Grocers'North RiverBast KlverManufact'rs'A Mer.Fourth National... .

Central National...Second Matlonal...,Ninth National. ...

First NationalThird NationalN.T.Natlonal Exch.Tenth NationalBowery National. ..

New Vol k Co. Nat.German American,

450,000412.500

1.000,0001.000,0005l'0,000

l,UC0.CO0SOt'.Ot'O

1,00(1.000

1,000,0(101,0110.0001.000.(100

1,000.0001.500,000300,000400.000

1,500.0008,O(X),0OO

500,000800.000400,000850,000300,000

5,000,(1002,000,1100

300,000l,SOo,CCCsoc.roo

1,000,000500,0005-10.0(0350,('C0

200,0001,000,000

8.137.

B.tSi.tno4.3S7.U00

S.llH.O'O3.061.TOOe.voj.two

2,911.I0V

1, 0).IOOsirj.ioo8.514.5008,i)7:.;oo

1.6.-iS.' 00l.iSt.OW£65.7

8,;>9.30Jl,li(S.90O

891.100;o.5i«.fOo

18,S67.100

4,^7^..oo8.ni:.3i«

1.80.300S.573.I002.911.0CO

1.316.8002.3':4.800

S.Sli.iCO

2,Of.9.0J0

13.191.0001.U7.'300

2.033.9008.liIl.»O0

3.4",0-3i

4,154.900

2,9 1.100s.ie.'i.soo

'.JtO.JOO

1.7-16.(00

H.IS-VKOI1.82S.20U

1,0^ 1 .300

730.800Mt.SOOS.'!9.IOO

S43.S0013,1'3I.9'0

7.:il,000l.7,n.ooo

4.7( »..«)4..'«,9iO

5,«:i.a(o

l.t&'i.VO1.3H.-3O0

1,1 97.0(01.121.000

l.lt^.lOO1,734 ,900

493...>UV

SS.IOOiiJUO

57t'/IO0

1,313.3003(1.000

ll«.7liO

n.too44>.<00ai'.aoo

3.(1

7^.H065 1JUlO.iiOO

5l'..0l'0

51.10037.1005.^800se.occV3.90058.41)0

IT.OOO5»)0

in:.!»o351 ..'i'lO

1,4»8.30)33-UOO3,300

is.-ion

ii.UiVi.ixo

891.IMI

ISi.XO

I,0l4 S'JO

J7J.U0i2.:oo

113.1(X)

2,300

260.666

7,000

1,633.100

309.0006-9.40O

1.174.3006H.700

I,'.9i.U00

4^.40043(.M)

8 7«.9(0

239.I0O2J0,>UI

2«JW)131.3004)9.Jua3IS.8U02<5.000

3.450.1100

4.013.000CS.OOOf69.SII0

514,5004.1.500>.«3.1I00

l-iS.lOU3«.(l00

i;3.8(«4n.r4)o

2.5OT.0O0433.200299.WW5;:0.S0C

343.000671.6005 7.10«147.100ISI.COO410,000

S.4S5.SOO

! esi.500IW.IOO183.S0O

ISf.lOO118.000115 800

8.3l3.30(r

LrfLODO

1,309.21

481AOI,115.««

'..•i5.:oo

2H.3003I1.UUO813.11036II.500

!i9.S00

Net Clrcola.He post ta. don.H,C67 4«i U».tl»61(3.100 •JOOS.ISS.'OO :wjMu4.431.700 370,1008.1114.WO

i;5»7.101.600

2,535.9 2(l.00l>f.V.-l.»01.C71.500 711, lO*l.SO5.!0O

8.175,!HBusHi8.»13.rjO

I.'11.500 487.7(»l,35:.0OO 113.0001,176.6(10 tt8JU0

875.11X1 2.7«0S.i.0«,100 247.10O983.000 80.10063i.6lU 43.(aO

7.81 1.1X0 fSLUlO8.9.3JC0 2 304.8(102..«0. 00 895.3008.815.M 335,0001.751.5002.3:0.7(0 tsojiiic

J.i8.'.0(0 371.0901.M1.400 SJOfrI.tSS.5002.W5.800 2M.40O'1.96J.O0O i:s.(o»9,-73.' 00 \i.i3M1.66J.S00 183310l.»9('.8lO >.«»3.130.0UO ISOJtlO»71.H0 t^t^n

8,0«>.7lO 7>8jallOI.6S3.SIO 4JI0O3,833.0(0 tiO.300i.M.s.ax; 4.nail

l.E!B.7(«i :t4.MM<.1.14-.3O0 4-oja>U.OH.UK •1.(00

HI.700 £05JWM3.S0Utvs.jmt."-9.30] :'as.i6»43-..«li:

11,80.000 iimj*I.MOMO i.Hi^Knl.H*.(O0 185.0«»

45,00»4.«7 1.3005.833.S(« 45,000»,48'.1IOO

w.oS«C.)00KA.IUO 450.000KSMXt 331.000

1.1IS.0J0 IMOUOa.««.»ooI.IIJ.IOO

Quotations Total , Uala nces .

Op'n Low. High Clos. Clearings. Gold. ICurrencv.Saturday, June 3 112)4 lia!<( 11254 118-.4 $17,.5.34,000 $1,560,160 $2,1(12,(>II5Moni'ay, •• s 113)1; 112)4 112?4 112)4 21,627,000 7 OS, 163 900,213Tuesday. *' 6 113)4 113)ii 112*f 112*1; 14,715,(00 919,810 1.038,085Wednesday, " 7 ii3»i; 113)4 112« 112?4 22,297,000 1,413.740 1,79'*,.V17Thursday, " 8 Ui% 118J.- 113 Ui^i l.-,,779,000 932.025 1,023.738Friday, " 9.... 112J4

11244

112H

112V

113J4

113 113V

80,718,000

$112,670,000

802,837 915,635

Current week $ $Previous week 112'^ n-iv. 113'^ 112)i 151,998,000 736,651 831.937Jan. 1 to date 113 11214 115 112)41. .... ;...

The following are the quotations in gold for foreign andAmerican coin:

OryUaoda 1,000.000

Total 178.435.200 t3^0.C7J,S00 il7.438.$00 t5:.7C«,500 I21t.i;6.600 tlS.MajOO

The deviations from the returns of the previouB week are ufollows

:

Loans Pee. »'il^2Xl Net DepotlH. Tnc. t3.2n-l4»Specie Inc. 130 8>iC ClrcuUllon Dec. 115.400LeKalTendera Inc. 8,4:6.'.i'0

I

The following are the totals for a series of weeks past

:

Legal circa- Aigregat*Loans. Speele. Tenders. Denoslts. latlon. Ctearlnv*

Mch. 4 .. 3;0.15i.sO( 23.701.1(110 4«.»l5.(nn 224.436.400 16.W2510 4«4CI.7««Mch. II... 370,;i8.4ilO 31.139.800 47.629 5'« !3T.l03.a)0 I«.«»:.7«l S»<.«ll».4»J

Vch.lS... 26:.I-6«,7J0 32.-169.400 4.1,6(8.100 J.ti.58l.l«)0 16.451.-'«<P !»),9«.tlSMcB. 25... JCl.351.010 21.504.000 4S.:73.»00 814.181.600 14.1»9.7U0 317.151.570

Apr. 1.... 2Sl.3i:.3dO 2t.171.I00 4!.7!.'<.500 811.561.100 ICajLOW 113.TiajaOApr. 8.-.. v«l,:S6*IO 20..'3J»O 38.700 4)0 »7,!.al.310 l«J);.fc)0 S8i.S38.»:g

Apr. 1?... JIS ,'97,900 H.41'.800 38.i-<6 8)n i((B..VI2,500 K.M'.ino «3;.7*«,«»S

Apr.-32... i^37.•^4l'0 18077.(10 .1 S9<.9 SOS.26J.400 16.2520)0 8'0.S31.SlS

Apr 39.... 152.1(7 2011 i;,0:6.6no 48 0'».*lll 802.589.100 l«.!«3.J0n S7n.725.:oS\ay6.... '357.015.500 19.8111.400 S9.l8!.;0a !05.iW,00» l<.l«».Uia 4!7.r7lJtaMaris... 351.353.31

6

1!l.88!.000 4'3.6l.'l,irO 8(7.900.100 l<.:40.Sia 881.437.MC>f«yaO... 8'S,ylO.MO 1«.S99,30U 45«SS.l'iO SIt.SSS.SrO ie.lll.70a Si5.60«.IM.

Mar'37 .. 35l.l9irJl) I7.S68.'.00 4a3M)400 80S.t78-DI lt.K9.200 Ssl.llS.W?JoaeS.... 350,m.9 17,18),300 Sl.766.300 31I,II(,6« lS,»43,SOtf S»,490,9>!1

Page 14: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

662 THE OHUONICLE. [June 10, 1876,

Boston Banks.—Below we give a statement of tlie BostonRational Bauka, as returned to the Clearing House on Monaay,June 5, 1876:

BanU. C«plt«l. Loans. f>i>»cle. L.T.'Jole«.D»co8lt«. circul.AtlMUc $;*o/w »ijsii.»<«i »is.:ou t-4d,-"V fin.fJi) »ia»8oOAtlas l.'iOO.OO 2,-.«,30J S51I0 IlI.lOO 1)0.9.0 113.3UJ

Bllrkdlone a,UOO,uaU 4.8«.KK) IL'.SK) J9-i,*0 a.iWl.SfC T:!i6no

BMtoti 1,'iOO.OOO a,ll9.j00 li.50l 1U3,(K«) -«'. O"! rss.too

Borlstoo WO.OOl" 1,7!1.W IS.WJO .-S/XO fJl.MO 513.90;

Broadway SOO.DOO anfiM .... 2M"0 lMi.0jO 1S%(0'CentMi soo.tiou »;i.-.oa -V^w f3,ooo i83.'.i»i 820,;qo

Colamblan lW10,OuO S.-5IA0 fS.ilO S9'.«I0 1,1 5 .'03 ri!i. mContmeutal l,OiU,0OI 2,OV)40l lO.Jii SJSW SJ.-.TO M-I.OOO

Kllot 1,UOO.UOO 2.43%8l« li 80J ^i.'OO ;«300 73S.9UC

Everett 4»1,'«)0 1,H7.^)) 4.*n 4<.H0 SSl.JOO 20S, 01Faneiitl Hal] l.UO.OOl 2,S7%til<) 11,400 131,401 IJ'fl.aW tii.'t

Tre'imna't POJ.UOO l,'.OS,S»i i.i'll 6J.:00 Eli.lO) 3»."JJo obc i.o'o.ooo :,'i69.8oo f.n,vi lei.Siio i.;».is-o ns.uioHamilton 150.000 I.IIJ.IOO 34.M «»,501 '.61 lOJ 2."',^Howard 1.000,000 2,3^9,i«0 •.v,'iCJ TS.'OI !I;3.;101 4l7,l'W

ManufacturiTs' M«.«W 9.6. iOO M.^'lit M.Olfl S«4,200 14;,"H'

Market SiO.oco 1 S)),-oo W'O 1 ',"00 ni«,ii») 4.0(1»Ia«9.c;ia.ett« ;... 8l«,au I.KJ.IOO 'Mm 2 2.200 :.46I."0J 45,0,K1

Mavfrlck 41U.0 S,.ii-9,li00 11,101 lai.iOO 1,^0,:00 35:<,2,10

WcrclmudUe SOO.UOO l,23-,9|lu S.4'0 VB.SOO S39,1C« 12:,S0l

JlercNaits' S,«X),OlXI 8,M>,D00 S.9.500 617.1 '0 4, 3^.100 l.TOo.'ViO

Sletrojolltnn 500,000 HiyOO .... 6O.;00 Jli6,3ilu 45,0.'0

ilount Veniun 20J.I'03 S»T.93U 6,VV 6^00 8i'6,?0i 16-.*mKew Knglano lOOi.OO 5,403,S('o 5.7.0 Wim 61i,!(.0 eif.emKorth lOfl.rOO 2,7-l-,liOO 5^900 1"1.00J l,l«'l.;ll«J 417.0

Old BoB'OU 9110,000 1 all.JO 51.^0.1 'JUSSOJ a65,600 SO .too

Sliawinut l.llOO.iW 2,13?,«0ll K.l 97,W) 9»0,500 SST.'OJ

Bhoc ana Leather l.OOi'.OOO .<l,i;56iio it,no :4l,3ou l,2aO,J00 7-9 ^O

J

Stale 2.010010 3.7J5.:nO 1 9X) ',9,4011 8'2.9o0 !»ii,lO0

Snnollt 1,5(I.I.00J i-,25l.8o0 •;4,iOl 1M,<0|) l.llB.TiO 6 33(0Traders' lOJ.O I.20'..iki i7.-iin •.'.'1,100 T.'l.ilOi) 13".'<

Treino:it 2,'0',iO0 3,J.9,liO T..'lll 10. .Ol "l.S.'O r6l.4'Jo

vraslilagto.l 'ISO.DOO l,TU1.9.Hl 94 7;.7iO 6K. O'l 4'i.Oai

Flret l.CCO.OOJ 3,«21, dO ai.l'll 11 ,Hfl M.1.300 517 100

BecoilJ l.iiOO-O'JO 4.;.1.,^ll.l 5,00 193,S0J ;.316,«C0 477 6 oihlrd 0\0O0 l,0>iU.7ili 70900 »7.'0J l,0'0,6,o 41.9.<i

Fourth 210,1X10 oPi.^Ol . .. U.tO.I 1(4,700 ViVOllBinKot i:omineicc 2IO..O0 !'.428.i>ii 2;e «o iZi.'m 2.1.;44iii 4;ti.J|ii

Bank of N. Alil'fnca.... LOCC^iO 2J!.i3.6i«i i.S'iO 2'.?.'io bWiOl 546.6!i0

Han . o( Uedemnilon. . 1,000,100 P.4'4,Ooi I6.40O 4li.70J I,;«J.'miO f.sa.Sol

B»ok of 'In rt.-publlc. . l.iO.OOO 3..3;."0 .... 152, Oil ^7J,1I0>I 9-.v^'0CominonweaUh wa.OoJ 2.905>,8fl SC.'Kio S3«.';i0 LOi^-CO (3.iV0

Uty lOJ'.iU'J l,Sj7, I'O 1?,.->I0 ^9,8 4253iKl 4i;,50'

Eagle 1,110.01)1 1,' 4.10 (',100 I'W.'OO 721,3(0 22 ',*0Kl.'hiiiige l,W)ilOlW 6,',97,-CO IJi.SOl 11ii,6iin 2,3'.6,-vO 7-il.wl.i

Hide and Leather ; .00.000 3,'i41,:(li) 5,0(1 2fl(,6,io 7iKI,«« »JT,'00Kevci-e 2,000(00 4,^»^7^0 Si.'OO 26i,l!iO I,S4-.*0 .177(1"'

Becur.tj ilidOOO SJ6,£«0 7.0»l 7:",00 7.11.200 17V00Tnlon 1,(1100,1 2.57.-, 00 6.00 10-.'I>1 9«1.5vO 54'. DOWebster l SJO.OfO :,30..<i00 le.iOO 4VO0 5S0,3JJ SCO.liOO

TdHI -1.3")0.000 ia5.S37.S03 ;.=4<.Si" 7,2-3.101 f2.i:«.'.i!0 i5,S31,S10The total amo uii '"Om to other banks." ;.8 ii-r k aieinent ot . u e 5. .». §:i.yi3.2Q0

Tlie deviations from last week's returns are as follows:liOans Decrease f3(17.700 • Deposits iniTeiis**. $315,200Hpe**le DeiTcae. 4-i.".,0

1 [ c; rcu at.ou D^crea-e. 31.100L. Tender N,,t-B li.crea-e. 4)9,10

1

Tue following are the totals tor a peries of weeks past

:

i>ft*e. ijo^nti. Sneci"^ Leiiai T»n'ier8. DenosUs. (jirculatlon.May r.! I'O.Oil.'OO l.i^ei.JOO r,'87 Puo 5i.i:i,il« 2.',iKM,10(l

Mayan 12H,;"<,9:l' 183','li.) (1731,6iu 5 '.0 .'J-,'H)'l 2.','"86 9(0Junes l;Sf3r.200 l.ilS.i-O 7,'iS.OJO E2419.W'3 2J,8a5,S00

Philadelplila Banks.—The following is the average con-dition of the Philadelphia National i5aulis for the week precedingMonday, June 5, 187G:

Total n»t C rcu-Uanks. Canra'. Lia"«. «necle. '. Teniler. '?•'!« ts. lailon.

Phtlaileliihia »;.600 000 Jl 4 0,003 $121,000 ?',3'.'00"0 Jl.VOn.dOO $:-.'0000

Korth Ainenc 1,000000 4 s '.i.OO i :2000 i.M.ftlU :<.97J,1)()0 78,000Farmer^'ald Jlechauics' -,000 000 6,'<'6J, 00 137,00 1,101.00 5,a'l.iOO 1,000.(110•<:oiniiierci«l 810000 a,.5i",000 4.00) 43 '.000 1,;6 ,000 62,000Mt-cuanle»' lOOOOO 1.77i,000 5. .Ill 317.11-7 1. -.6.1100 170.iiiii

Bann of N. i.,Lier. e» tOO.OO' 2.622,000 6.600 S'SOOO 2.311,000 iti.OOOtSouUiwa'k 2 0000 1,419,1)3 10,169 611 'tii7 1.1lS.-2liO l-9,6aKeniiuunn «0,00il ii8:,.8l .... 1G40J0 SS).2<i9 211.631Feun 600000 1,;.S7,1 9 1.000 219, 4 1 9i:,«15 219.(01Western .00.000 l.v,0.fi4i 41,.»4 50 ,'41 :,S715'i) 211.>'0Manufaiiturers- 1,00,1100 2,5-li ,000 .... 8-6,000 l.iOS.OOO Hi'.OOnBank of Commerce .10,0 799.1'm 1.4 115, ••7, f03, 81 2 S35"Irani 1,000000 S.-.3I,000 (i.OOO l.OTiOOO .V3 000 nOOlVlTradesi'ieii' ^00000 1.417,000 14,00il 361000 1,0-11,000 i;-,O0l)Cooeoll atlou 100(00 1,16,-57 1(1.913 174.417 7i'2,m7 2.0000Cily .. (00000 l,56'.0iii 3.150 307.461 l,()6u..-4! 814.7tlomnio'iuealih 2(0,000 735.000 . 94 000 5.«'.'00 21iV'ilOCO'U Kxchan.c 500,000 !,93i(X'0 '.J.SOl 781,000 2,'l:'„000 <:71.010''nion fOlOOO 1.1650(K) K'.OOO 3''7,000 ; (60,000 90,00i)F'r»t I.OW.OOO 46:S000 13,000 1,119.1X10 4.0 S.IKX) 783 0004hlrd 3(X)000 916.0110 .... 'ieiOOO t05 (lllO 281,00(1»i«ih 110,00 5.i4,ooo I'll ,000 liusy*) rw,((io?,eTeiith •«0,O0O 6<1.000 2,000 lOJ.OOO 4160OI 2:9,'90J-Uliih 25.000 1,IO:,000 211000 881.000 '245,000Central.... 7'0.0110 4,'S6..111 12,000 16C.ftlO 4.1.600 521.000Kank of Kepub.lc EOO.OOO l.-07.0(JO 3,0i 41n.'00 i.Oi-OO 6 0(K)8"i:nrity IJOOOO 6 8.0)1 3.0IJ 90.001 40I0-O IfOOOiLenteu.ilal 2 000 483003 .... 17.5,000 49:,(O0 43,iXW

JJ'ita'. ia,10',000 6',-35,S0i 475,U6 14.3i;6.5I0 49,'.2).73! 10.2.11 671The deviations from the returnsof previous week are as follows:

i'O*"" Inc. »S1,69<1 Pe " si's Irr. 8 81.371a.ieci". [),:. 31, en Circulation Dec 10,731Lejral-lende- Notes n'. 3il.-o:l

The following are the totals for a series of weeks past.:

^P*'."-'i.oa'i". aned-. L,eitaj I'^d.ie.s. i).-n-->-ir8. Clriniat'n

Jiay.i 610,'a.7.17 59-,5fi3 1M,";S.1'7 4ii.3;7!l'< lli.4SUla

J!'''^' 0,'>8,96i rsi, 3: l.!,3;«,6ns 4'i.ll0,i.9 li),3l-a,i-91M«y -'9 6(V7I,'96 f09,'l:2 13,:'4,oOf 4",13t,s7» 1M307 2iJ"''g 3 t0,133.!9 l 471, las 14,3 6.IJ 49,, 23.713 lO,'*'.!!).!!!!

POTATKINS IN ~«IISTlirr"PHILmr.PTllFAXD OTHER CITIES.

BOSTON, PMILiVDELPHIA. Etc.-Vontlnae4l.

•OUBITISa.

PHILADELPHIA.tTATB AND CITY BONDS.

PeunaylTanlaSs, Rold, Int. vardo do cur. var.do 61, 10-15 1877-32do do 15-25. •--.'.92

Philadelphia 68, oH, reglsl'd.do 6b. new do

Alleebcny Co"rtv 5s, coupon.Plttsburi! 4k, 1913

do 5f, 1913no 6i. (.'Old, variousdo 7s,Watei Ln. varif-us

d ) 78, Street imp.. 'is3-36

Hew Jersey 6s, Eieiiiptp. var.lam ten County 6», vnrluua....

Camden I'lty 6. do —do 7?, do

Delavari-fis, do ....

HarrlsbargClty 6s, do ....

KAILBOAD 8TO0E8.Camden & Ailanttc

do do prelCatawlssa

do preldo .Neiv prel

I)e'aware & Itcuiio BrookBast feuusylvauiatuLuirais. rfilliauisport

Blmlraft W!lltam«por' prel..

Uontlng ion & Broad Top ..

do oo pref.Lehlgn ValleyLittleSohuylklUMmehlllNesiiuehonlng ValleyNorrlstown...North e^iini»ylvanlaPeuLsyivanlaPiiiurfelplila & Eriepi(llaoelphla& ReartinuPhlUidelnlila & TrentonP'lllA.. wniiilny.& Baliiniore.

tj'nltedN..I. CompanieswestCh«sTercontOl. prefWestJersev

OAVAt. STOCKS.Delaware IMvl-ilon

Lehigh NavigationMorris

do prefSchuylkill .Vavlgatlon

do pret

aid.

101

;05!.

113J4113

119

.311,1.

ii'

I3i"

BECrBITIKS.

Kos-roN.MalneCsNov Hampshire, 6sVeriQOnt 88Massachusetts 48, Ooltl

do Is, SoldBoston «s. Currency

do ss.Kold r.

C^icaico Sewerage (8

do Municipal "aPortland68Atch. $ Topekalst m.78

do land gt. 78....do 2d 78do land Inc. I2s,.

Boston & All lany 78It04fou & Maine 7«Burllnitton 4fc ,Mo. N'eb. Ss, 1<I94

do do Neb. 8s. 1883.Eastern Mass.. 7siQd. cln.& Lat. ?8, :559

do eq.itpinsnt lOs.

do funded debt 7iOTdensburgA Lace i h.bOld Col.* Newport BdB,7. '77

B itland. new 78Verm'tCen.ilst Nf., cons. ,7, '84

do 2(. Mort., 7.1391....

Ho

H

102

fli'

71V49>41C2,113

lOi"

Vsk.

49X

8HCUEITIKS,

l^ermont* MaS3..1stM. «.'83.STOCKS.

^Boston & Aloany jtock .. ..

'

Boston A Lowell stock.5orfton ik MaineBoston A ProvidenceBurilnzton & Mo. in Nebraska-Jhesnlre preferredChlcazu, uur. & (I'ltncyJm., Sandusky A Clev. stock."oncord.wonnecticut Rivervlonnectlcut & Passumpslc, pf.Saslern (Mass.",aasternfNew Hampshire)fucbtiurgvfanrhesterA LawrenceNashua & LowellSorlhern ot New Hampshire..Norwich A WorcesterIgdens.A L.Champlaln

do do prer..i>!dColoay:'ort.,8aco A Portsmouth... .

tutland ,-,ommondo preferred

/^rraont A Canada'-rn.iiut A Vl'tsaaclinsetts.1''^'"*-e4r,>r ,4r X,(«hiia

Bid.

IJU

1317 >.'

6:

98H14. >4

o640

1!IV.

U6

2 7^7

I^IK

Ask

i:;i.V4

3344

n6K9

39

:0M

M\DO

1.7'

2'>!,

l'SJ451

lOi's

1.S

BATLBOAD BONDS.AUegheny Val. 7 S-lOs. '.896 ....

do 7s E. Ext..l9lO

do Inc. 7s end. '94 .

BelvldereUel8w»re.lsim,6,'77,• -, do 2d M. BB.'^i

do do 3d M.ii8.'87

Cfcmaen » Amboy.68. '83...

.10 do OS, '89

do do mort.6s,'89Cam. A Atlan. l»tni,7s.K. !9i3

do 2d do7s.c. ISfi

Cam A Bnrlluglon Co. 6,-,'9:.l

1 atawiasa, new 7^. 19(10 1

Cayuga Lake 1st ni. g.7-, IQOi'j

CouuertlniThs 1900-I9(i4 1

Dan..H. A Wllka.lsr m.,7i;,'S7',

D lawaremori.es.varlou!

Bast Penn.lst inori.78.'«8... .1

El. A W'mspoit. istm, 78. '-C.

do do 58,rerpHarrlshurg ist mort.es.'So....

11. & B. T. 1st inori.78.'9i

do 2d mort. 78. '93...

do Sd m. cons. 7s '£5'

Ithaca A Athens g. 7s. '9C'....

Juncuon 1st mort.es, 'SS

no 2d do 1900....

Lehigh Valley, 6«, cou.. n-ot..

do do do reg. 1393..

do do do 7s. 1910

do do ccn. m fi.^ It r

Little a<-.hiiylktn.istM..7. 1877

Sortl-ern Pnclflc 7 3-IOB. 19l'0".

^ ortb Peun. iBt inJ «8. '83

do 2d m. is.'9«. ..

do chattel M. lOs 1ST7

do gen. M. 78. coup., 190J

Oil Creek lslm.7R, '52

PenoA N. If.CAP. K 78.'96-1906.

Pennsylvania. 1st M..«.l''80..,'lo gen. m.6- 19U-, coupdo gen. m..^is reg.. 19U'

do cons. m. 6s, ree., 1905

Perklomen Ist m.tis,'97

Phlla. A Erie 1st m.«s,'Sl...do 2d ni. 7s. '88...

Philadelphia A Heading 68, '60

do do 7s,do deb. bonds, "93

do g. m.78.c. 1911

do do reg.l9rdo new conv. 7b, '.393

doO"al A l.'-o m..7s.'92-'S

Phlla.. Wiltn. A Bait. 6-. ln-4..

PlltB., Cm. « St. Lou1s7s,'9o..Snamokln V. & pnttsv. 78,l-'0:.

StenbenvlUe (\r Ind!ana7(i.'34Stony C eek. 1st ni.. 7s, 191.7...

S'lnliurv A Erie Ist rn.7B, '77.

.

tT,-.tted N.,1. e ns. m. 6-, 91..

Warren A F. Ist m. (S,'96 . ...

W*;st Chester cons. 78. '91. ...

West .Tersey 1st in.6s, '96

do 00 . 7s, •.897,...

Western Penn. !!K.««. 1^93....do do 6sPb"96

Wllin.ARoad.,lst»I..7,l9ki«.do do 2d Mart. 1902*

CAXAL nON'DSDelaware Division 68,'78

Lebigh Navigation 6s, '84

do Kit. 97....do dih.T,....do coav, 'Sa

do conv.. g.'94.

do gold. '97

Morris, boat loan, re.., 13-3 ..

Pennsylv.in lads. 1910

Sonuylki;iN,«v. lat ui.6s,'97..do 2d m.,S8,19i)7do m. 6s. '95

do 6s, Imp., '3(1...

do 6s,b^at&ca'.I9i:-do 78, boat A (.ar.l9I3

do scripSasqnehanna $B, ecu,.., 1918...

• In default or lnt'»re«t.

ai>h97luSlK101

l'.4K

9 k

lOi^.

KM

mlis'

1(4

10)

93H:00

oik

:06X

104

;ooX

lijk103 1,

mH

.1BBOUBITtBS.

102 1«

101H114

Six

5SMc31^

51^4

;.i?S

15

4.M

4538

lis"

ii"

oi«

30

.Oi

101

H

HUH

lOi

90

91

;l'4v

S!y,

RALTIIflORR.Marvland 6-. deience. J. A .1 .

.

do 6s. exempt. n87do 6^ li-yo. quarterly...lo 5p, qiiarterlv

Baltimore «b, 18i1, quart- rly...oo 68. 13S6. J. A .J

do «', IR911. quarterly...do 6s.Park.lo9i. Q—M.do 6s, 1-93. M. A Sdo 6".exempt.'93,M.ASdo 68, liiOO, J. « Jdo 6s, 19C2. do

Norfolk Wat'r, 88BAII.ROAP STOCKS. Pa--.

Bait A Ohio-St- ck ;on

do Wa~h. Brarcii..'l4tdo Parkersburg Br. 5(

Northern Central 50Western Varylan J 5('

'"ntra ( hlo 50PltlsbnrKh A ConnelisvIIle. 5(.

RMLROAO »0>D-.Bait.A OhI es.l'*', J. A J....

do 6s. 18-5. A. A O...N.W.Va..3d M.(Buar)'-i.J.&.l.Piitsb.A Cf n .ellsv. 7s.'98, noNorthern fential 68.18^5. do

do 6s. 190(1. A.AO.d-> 6s gold, 1900. J &J.

(.,»n.Oblofi ,l»t M..18M1.M.AS.W. Md.68, 1st V.,((;r)'90,.J.->.I.

do iBtM., 1-90. J. A •)..

d . 2il M.. (gu-r.) .J.A J.do 2d M.. (pref.)do 2'M.igr.liy W. o.)J.AJ.do 68 3(1 M , (guar.) J.& .).

Mar. A C.n. 7s. K. *% A.. '69a...

do 2d.M. A! Ndo Sn.Sd. J.& J

Union PR., ist cuiir.. .1 ft .)..

do Canton endorsed..MTSOELL*NKlil's.

Baltimore Gas. certificate*People's Gas

do Cerllflcatis....

T«-.lSHIX"OTO>'.SMrict of Oilumhia.

Perm. Jiup.,6s. g. .I.»J, l891.

do 78, U91Market Stock t-oiids, 7s. 1?92.

Water Stock bonds 78,1901....78,19tS...

TT'rt-9' ington.Ten yearhouds.os, 1-78ITiin'I.Loan <''ong ) 6 p, 1892..

Fuud.Lo»n (Leg). (S.g, 1902..

Ce'ti.otSli'Ck;l'^2S).l8. atpleaiI " ' ( 1843)6-, alploiii

IChes. A O.st'k ('47) i-B, at picas.'

I

Georgttoint.Gei.er '1 ttovih.S-, :a81

I

do 6s, at pi- asure.PounTy sIoc'a, us. doMnike.st i-k,6s. djBoard of Public Works-Cers. Ueii.Imi " "'

("o

dodododo

CertlBca-eB, Sewer. 8s. 1871.

Water Ceitlllcatee.es, 1877

III

111

K-S

109\UOJ,169

1(9

lis"

1(9

:t2

1!*

i»"

lUI

,1671137518761877 ....

1S73Series

U6 ll6K

'7)i76

71X

IC4

10 (>i

99;i«K'.I'SH

'Si'*702)497

115

iOX1(5

I'.t'X

lll'>l

l(j!i

13»HS2«7Uik

9SH

1(0

24}<

l«imwit

-.4.

CINCINNATI.Cincinnati 5s -85

do «s '9

do 7b '1(8

do 7-308 ... TUCincinnati Souih'n KR. 7.308* ;f-5>i

rt»(n.Co..()hlo6p.c. ong bds, *96

do do 7 p.c.ltoSyis. Ii2

do do Ig bds,7 A7.30! "106

Oln. A Cov. Bridge S'ocK. cref 1'5

do l.onds. long. 'W01n.,Han). A D..t8t M..7, 50... '.(3

io do 2dM.,;, '83... (Oil

do do 3d M.,8,77... •IOC

0!n.. Ham.A Ind.7s snar 65

Cin. A luoirtna, Ist >4., 7 91

do do 2d M.,7,lim.CoIum.,A Xenla,l8t H.,7,'l<l.i. 102

Oayton A Mlch.,l8tM., . 81.. lOiH

do do adM.,7,'S;. 9-

do do SdM.,7,'68.. 91

do To'dodep.bds,7.'>l-'9jOayton* West.. 1st M.. Ifl. . *;00

.lo do 1st M.. 1915.. r6

do do Ist M.. «, 1'jOI 77

Ind..Cln. A Lar.,lst M.,7 73

do (I.AC )lBtil.,7,lS8f 90

Little Miami, 6, 1883 92

';in. Ham. A Dayton stock.. .. 40

•olnmbus A Xi-nlastock 101

Oayton A Michigan stock i2

do 8 p c.st'k guai ''4

Uttle Miami stock UOLOUISVILLE.

LcuisvIUuTs il'SJ!

Lou.oviue6s,'.82to'87 13

do 6s,'97to'98 93

do Watei 6s,*87 to '89.. '3

do Water Stock 6e. '97. 93

do Wharf6sdo Bpeclal tax 68 ol '89.

lelf.. Mad. A I,lstM.(lAM17, '81

do do 2d T.I. ,7, i'

fio do Ist M.,':,1906.... 92

,oul8V.C.ALex.,l8tM.,7, '97.. 81'

ouiB.AFr'k..lBtM.,6.'70-'76.. 92

do Loul8V.L0Rn.«.^8I Wy.L. osNash.lBtM.fm.s.) 7. '77.. 93

-lo Lor.. I.oal lm.s.)S,'3f--57 93

do do (r,eb.Br.)6.''t« 93

do lBtM.(Leb.br.ex;7.^3l)-^S5 9?i.v

do Lou.L'n(Leli.hr.eI)6,'93 9S

do Con80l.l8tM..7, 1S98.... S-iX

Jefferson.. Mad. A Tnd ...

Loalsv..Cln. A Lex..pref )I

do do common.) 4

l,oulaFllle A Nashville t 28

«r. LOUIS. I

n Louis 6s, Long BondB "|Ui9

.40 Water6B gold.;....*, 116

do do do (new).* IIil

do B-ldge Approach g.6s*|lC6

do Ren^-wal gold 6« * HSdo Sewer (r.6« (dHc'J!-i-3l*|Ii6

-5t LodisCo.n-^w Park g.63..* lOS.i

do c'v, 7s * l''IS

A.t A Pacific giiar. land grantsdo 2d M 15

• And Interest.

98101

UO759U90

lis

10«

9S1<«

1(8

I-.U

96ins

:03

sJ'"

nti!05

US'.03

3S.tu

io"ni«

«i94ah"usICOK

im9s;

«s

Kle-

ss95

'.''\

S7

93

93911

ts

IS

HXPSI«

S9H

mn

Page 15: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

June 10, 1376.] THE CKHOxNlOLK 5tJ3

rr . j> ^ /'?^^i*'}^QUOTATIONS OP STOCKS AND BOxVDS IN NEW~YORK^

a^j^jond^andaaivjj^ailroadotoe/ci aro iiuoteajmapreticu, pnge^ro.., ...,.r„.^ <.., „tr tint tttlut. uAateter tJu yar may »•

SECUKITIEa.

dododoilo

do

dodododododododo

U~i...

431/S4JI4

4443^4a>s

Wi%ioa10310t%105>i105U

103>JlOSikt

state Bonds.Alabwuass, ;8Mi

do 58.1S'68s, ISSI

8s, 1S3S ...

8>, M.&E.RB..?8.Ala. &CI1.U.SB of \firi

Ssof isni

Arkansas 08, funded. .

do 7«, L. t'. « Ft. S. l88

tlo Tn, Memi>ul8 df L.U..10 Ts, L. i;.P. B.&S.Odo 18, .MIsa. O. & K. U..11) Is. .\rk.Ceut. HK...

Coiiueutlcut 68Gfor^lA 'S

do 7s, new bonds ...

(10 *s, eimorseid. ...

do 78, gold bouds...l]Imol8 68, coupon, IS"/..

do do *

"do War loan

Kentiiclvy68Loubluna 08.

do fis, newfB.floitlnzdobt78, Penitentiaryti8, levee .......88, do .. ..

OS, do 187?rt8, of mill . ...

78. consolidated?B, small

Hlclilgan fs, 167S-79do 6s IMido 7s, ^8

Missouri (is. due Ij*?"*.. ..

do do 1S77do do 1S7^..LotiK bonds, dne '^-'90.

f iindlni;, jue liM-1.Asylum or Via., due i69^.

Han. & St. Jos., due lrt7'i.

do do 1S^6.

do do 18

New York State-Bounty Loan, regr

do coup...68, Canal Loan, rK7r..

6«, do 1873...fe, gon, reg ...18-7 ...

Es, do coup.. '887 . .

do loai...l813...do do . 311 . .

.

do do . 'Mldo do I8.<3....

ss. do do . 1876N'l'rth Carolina—i.<,old.,I.« Jdo K.&X.C. RU ;. & J....

do .. ..A.& O...do coup, off, -J. & -J.,

do do off. A.cfc O.Funding act, 666

do laiiS

Xew bonds, J. & ,J

do \. &0Special tai. Class 1

do Class i ....do Class S ....

(Ihlofis.lSSIdo 68, 8!'6

I;h>.de Island 63Smith Carolina-

•laii.ft .Iuly..!i.'."!!!.'.'!.".

.•\I'rII & OctFunding act, 'Se*^

l.aiidC H-9, ,I.& JLau'lC ISjH, A. & O....7H0f IbSSNon-fundable bonds ..

Tenuessce tis.olddo 66, newdo Ks, new series

Tixns 108 01 1671Virginia—

(IS. old6s, new bonds, isf6

ts, do 1867Cs, consol. bondsrs. ex matured coup. ..*'s, consol.. 2d seriestis, deferred bonds..

District of Coliimbla.1.6.58.do small.,do reffi.stered

Railroad Stocks.iActitepye Vu<l!/ quot'd )Albany & Susquehanna..Central PacificCliicjgo & Alton

do prefciilc. Bur. & Qnincy.. .

tlc-vc. Col. Cin.& I. ...

Bid. Ask.

30»0 *••ao

85

sii 408 10M H)8 108 108 lU

10704lOj:iwlOJlo.i

'.'.'.'.

68,

6«,

68,

fis.

105M105>4

.. 1101

1414mBO40-tan

"«)i

i1

105108lUU

8333S34S4334

¥42

28

5

Cleve. <fc Pittsburg, guar..Dubuque & Sioux City.Eriepref ..

Indianap. Cin. & LafJoiIet& ChicagoLong IhlindMorris it EssexMissouri Kansas & Texas.New Jersey Southern ....N. V. New Haven & Hart.Olilo & Mi.ssissnpi, prefPitts. Ft. W.iCfi.. guar.,

do do special.Beasselaer & SaratogaRome &, Watertown.Bv. Louie Alton & T. H .

do do pre't.Terre Haute & Ind'pollsToll-do I'curlai- Warsaw.Toledo Wab. & W., pref.

.

Warrenmiseel'ous Stocks,Am. District Telegraph.Canton Co., Baltimore....Cent. N.J. Land & Im. Co.Delaware Jc Hudson Cau'lAmerican CoalCensolidafn C oal of Md.

.

Mariposa L.& M.Co..„ do do pref.Cumherl.ind Coal 4 Iron.Maryland CoalPenni-ylvania Coal ....'..Spring .Mountain Coal....

Railroad Bonds.V'l'ick Ki'-li'in-je J'nr^H )

Albany & susq., :st bondsdo Jd dodo 3d

9MH

B2«

20

103lOSXi103U107

38Si

ii8114

444-%4SH48J4

7

100

10^81

157351U8

120'

"IH15)t

10»H

23330

US108101

49

6«>4

108«

isid

4U

109«

SH

tPCuniriES. Bid.

Boston Hartf. & Erio, Isl morl 18Wdo do guar . Ul

Bur. C. Rapids A .Minn., iBt7»,g 4U.WClic»apcaki)di!Oliloii», istni. »»>»

do et coup —Chicago & Alton sinking runil.'lOO

do l-t moi-l II"',do Income. . . 1"3

Jollet & Chicago, ;8t uio-t.. lloLoulsl lua & Mo.. I8t m., guarl . .

.

St.Louis Jack.Jb Chlc.iHt ni.i lO^VChic. Bur. & Q. 3 p. c, 1st m. 1

118do do consol. m. 7^

Chicago, nk. Islnnl & Paclllc.do S. V. Inc. 6», 't5

;;entra] of N.J. , isi m ,ncw...do do istconsol. .,do do cou. conv.Lcnigh & WlKjes B.con.guarAm.l)oc;c& Improve. bonds'lOO^

llo>,lISIli

III103

U3

Jh. Mil. * St.dodododododododododo

dodododododododododo

P. St m. It.P.U. Uoijidm.7 3-W, do .U»H7». gold, I . D8t 78 Jt doUt m.. La C. D.Istm., I.&M.D.• 8' m., I. &, I>

let m., H.& D.Ibt m., C. & .'^I..

I8t m., consol..v'd m. do

Chic. & N. Western sink. fund.Int. bonds, vra^consol.bds !">!!*

ext'n bds.. 1"oOlJs

do dodo dodo dodo do l8t inortdo do cp.g d.bdsdo do rcg. doIowa Midland, '8t iiiort. 8s.Galena &, Chicago Extendeif.Peninsula st mort., convChic, tfe Milwaukee, 8t mortWinona & St. Peters, .stm...

do ad mortCO. C.& Ind's'Btm. 76, S. F..

do consol. m. bonusDel. Lack. & Western, 'd m. .

do do 7s, conv.Morris& Essex, st.m

do ad mort. ...do bonds. IHO^..,,do conetrucilon.do - - -

doErie, Istmort

lOO

win

8t<

S8Oil

idV

lO,-*

anKH)lUOW

loiiI

H88««UH

I

I03W

»o«

MlI

107100lo.'iw;....7U

I

87(Xl I 70lOSJi 108«1

108 '.!!!

UOJs ....

102105)4104118

105103lOU

latu 103100« 10-^

103 --

losH

7s, of S7i '..

iBt con. guar._ _.. extended

do do endorseddo 2dinort.,7B, 1819 103

1

do i!d do ;8, 8S1do 4th do 7k, 18 ddo stb do 78,1858do 7s. cons., mort.. gold bdsdo Long Dock bondsBuff. N. v. & E, 1st. m., !fi77..

do do large bds. ^"^

Haa. & St. Jo., land grants H"00 83, conv. mort. '89^

Illinois Ccntral-Dubuquei Sioux Clty.'stm. 107

do do -^d div. 106Cedar V. & Minn., Ist mort. . 80

Indianap. Bl. & W., ist mort.do do ^d mort.

Lake Shore

Mich. So. 7 p. c. 2d mort Wl%Mich S. & N. Ind., S.F.. 1 p.c. 10*%Cleve. & Tol. inking fund |108

do new bonds , ,103

Cleve. P Tllle & .\sh..oldhd8 10«do do new hds. 100

Detroit Monroe* Tol. bonds I02)iBuffalo * Erie, new bonds. ..104Buffalo & State Line ,s.. .. 104>«Kalamazoo* W. Pigeon, Ist'

'5

Lake Sliore Dlv. bonds ... 108do Cons. coup., lat. 107do Cons, reg., ut. 104J4

- - 95

105l^H

118113-«

do let CODS. guar.,,.. JU

90

10891

92W

do Cons, coup., 2d.,do Cons. reg.. 'id ..

Marietta & CIn. 1st mort. . ..

Mich. Cent., consol. 7&, aOi ,

do ;stm.88, 88-i, B.f.do equipment bonds.

New Jersey Southern r stm. 76do do coneol. 7i

N. Y. Centra! 6s, '.883

do 68, l^S7

do 6s, real estate.,do 6s, subscriptiondo 7s, 18.-

do 76, conv., IB'6..do & Hudson, i st m., coupdo do 1 stm.. reg..

Hudson R. 7s, 2d m., s.f., .88Harlem, let mon. Ts.coup...

do do 78. reg ..

North Missouri. 1st mort . ..

Ohio & Miss., conBol. sink. fd.do consolidated....do 2d dodo 18t Spring, dlv..

Pacific Railroads-Central Pacific goM bonds .

do San Joaquin branchdo Cal. & Oregon ist .

do State Aid bonds. ....d> Land Grant bonds.. -

Western Pacific bonds. . .lOOJ^

Union Pacific, ist mort. b'ds 'Opdo Land grants, ',8.. loodo Slaking tund... I

f'WAtlantic & Pacific land gr. m I '5

South Pac. RK. bds. of Mot "0PacIncK. of Mo.,lstmort... M8

do '>d morl 1815sdo Income. 78. .

do IstCarou'lBPenn. P.R—PlttB. Ft. W. * Chic. Istm.

do do iArtkdo do 3dm.

Cleve. & Pitts., consol.. s.f.

do 4th mort.Coi. Chic. & Ind. C, Ist mort

do do ad uiortRome Wfltert'n & Og., con. 1st

St. L. &. Iron Mou tain, ist m.do do ad m..

St. L. Alton & I . H.—Alton & r. H., 1st mort . .

do ifd murt..pref,tt») ad inort. Inc'me

Belleville & 8. Ill.R.lst in. ssTol. Peoria & Warsaw, E. I). .

.

do do W. D..do do Bur. Div.do do ad mort..do do consol. 78

iTol. & Wabash, Utm. extend.

.

90

•A«k.! aroviiir K«.

2'fMi Tol.* WoiiasilT'Triirst.L.dlT.*•

! do ad mort*'

^1do eqalp't bonds

*''^ <lo con. convert...Hannibal * Naples, at manGreat Weiteni, :«t in., BO..

o ad mort.. YfiMi.

Qnlm'V & Toledo, I.t in. '*..nilnol- & 8 >. Iowa. 1st niurlLafayette lirri & Ml ., :»ll»Ilati. d£ Cent. MIs.ourl, <stMiPekia LInc'Ind: Dee't'r.'stm

n<»lon & S. Y. Air LInu.ttt 111

I In. I.afayeii.- & chic, l.t inl)el.& Hudson Canal, l.t m.,°l>do do IrMdo no . lf;7.do do coup, "f, inudo do leg. f.iejiLong Islnnl lilt., l.t liiurt.South side, L. I., Ist III. bond

do sink. fund.Western L'nlon Tel., IW.eoup

do do rcir ..

niscellaneous List.iJitOkfft' 0't"tlttvH9 i

OITlES..Mbany.N. Y., (is

IturTalo Water and Parkt:iiIengo6 , long date-

do 7«, sewerage..do 7s, waterdo ,8, river Improvementdo *s, various

Cl.neianl7sDetroit Water Works 7». ...

.

Elizabeth City, due ' 5do due '83

Hartford 6sIndlauanolla 7.r03Long I- land City ... ..

Newark Cliy 78do Water7§

0-wegoPoughkeepsle "WaterUochesier City Water bd'., '»'

Toledo :.3('s. : .,

Yonker* Water, due .9''.'}

RAILROADS.Alchl on*; P. Pedk, 6 ,gold.A 1 nlic tt Pacific L. G. , gli.\trhlson & Nebrsska, Sp. c...Bur. & .Mo. Klv., landm.7s....

do adS.. do ;s ..

do 8d S.. do8t .

do 4thS..do8-....do H'hS. do8« ..

do 6th$..do8« .

Bur.C. 1!.*M. ..M.div.lg.-s.Cairo* Ful'ou, Isl ',e, gold.California P«c. RK.. Is. gold ..

do ts,.um.gCanada Southern. Ist 111

do within!, certlfs ...Central Pacific, ;s, gold, eonv.ll04Central of Iowa Istm. ,8. gold.! 30

do do ad m., ,8, gold,Keokuk & St. P«ul Ss . 1 ». 101Carthage & Bur. 8s . . . ' 5Di.von p. orias Han. 8s.. I >>.

O. O. i: Vox R. Valley 88. iOuincy & Warsaw Ss. I

*Illinois Grand Trunk (t.Chic. Dub. & Minn. 88 c'Peoria & Hannibal li. Ss. I

Chicaao & Iowa I!. 8s ..

.\merican Central Ss . . ^Chic, i S'thwesleru 7s. guarChesapeake & O.Sd m.. gold7lChicago Clinton & Dub. 83.Chic. & Can. South st in. g. 7s.Ch.D.& V..I.div.,lstiu.g.78,Chic. Danv. t VIneeus is, gld 17|Col.&Hock V. Ist 6, .50 years 95I

do 1st 78, ill years. 97do Sd 7s, 'ao years..

Connecticut Valley Is

.

Connpctl.iif n*,.,.f..p„ t

Bid. Aalc

711

«0

8Tt/!KM* 4091 VJm mXl ni70

8»H....

••cvatTiu. BM.

Mo. K. Ft. 8. tc Uult Ut m. tra. MI do do '.d lu. U«!....V. Haven MMdlrt'n * W. ,». 1 IJJ

I S.J. Midland IX -...guld ....I do ad 7

New Jersey * N. V. :•. gold.

.

!>.\.ii O.W. Mid. st ,1, gold

Jl«!< ..I0S>4 H»^

107Hlosg.

lOiiJi]

loiw

.IS

1091101(10

108lUii

1021081081099797104108

ib«118104106110lOii

106

28• lU20108IU8108108108109'24

73877068

101101105105lUfi

201018910488820mi

d.i„ - ad .•, e<mv. aSrn ,1 gld. iS-'.O .. 18<>i" -

. .(•rn im. «•, »I'!' ' ^8. guar .. . Mlri-'.. . 1 1. Ill mon .. 70Peoria A: lUicL I.'s.gold fiAPonuuruu* L. M. 's, g. end. I!l

Pulluau I'alai-i- >.ar Co. siwkdo bds,, <•*, lib .erte*

Rockf. It. l.ii M. I.. IM 7s, gldl-undout it tlSH-egii 8. gulif..Slou» t lly & PacTllc «•tiuuiheru Mluo. constme. Da.

do .a

St. Jo. & c. Bl. lat mart. Ii'a.

9»U| do do 8 p.c90^ 'Sandusky Mans, t Newark •

;8t. Louis Vandalla ^ T. H. IMdo Yd, gnu

I M.L. Ic 8o'eaitern 1st U. void81. L. A I.Mt. 'Ark. Br.) ,a,g

N.V. .8107UK

104,104li>4

108nowIII99

1110

106«

106nolis105106112108108

2'/

80no

907200

ibti

37 ,

onIS25a&10Ml13ft

Uii«naoIM

79 »\

ft-s

0071

»7

711

79

100101

114)il

116M 110^;9«>S10099)4

108>4

Connecticut Western st7B ..

Chicago & .Mich. Lake ShoreDan. 'rb. B1.& P. Ist m. 8, g .(Des Moines it Ft. Dodge 1st. 7a.'..Det. Hill-dale & In. KK. 88 ..Detroit ifc Bav CItv 8s. guarDetroit Eel Pivcr't 111. 8«. ..Dct. Lans. & Lake 11. Ist m. usi„ do 2dm. 88.iDntchesB & Columbia 7s ..|DenverPacllIe7s. gold.Denver & Klo Grande :b. gold.Evansvllle & Crawfordsv., 78.

.

Erle& Pittsburgh 1st ;»

j

do ad 78do Tb. equip

KvansvIlleHcn.&Nashv. 78... 86Evansvllle, T. H. * Chic. 78. g.i 76Flint Pere ".Ts.Land grant...! miiiFort W., Jaclvson & SaJ. 8a ...I 09Grand R.& Ind. :st.s,gu.r.. 105

do 1st L. &.:«... 87do IttexL. G. 7a

Grand Klver Valley fs, Ist mHou'. & Texas C. 1st 7e. gold

do consol. bds

33

10

70I M

iSS

lift

110IIM

Hoiitlierii Centriii ofIt'ulon A Logaiisport ..

l'nlon l'a<!lir-. So. braiirh.MJi 90IWalKlll Valley .st s, gold;West Wisconsin s, gold 46Wisconsin Valley 8« ...Ei|Ultnlile Trust Real Kal. Ist 7i I0«Mereaullle Trust Real ^.. at .• 100

Hoiitheru Serurltlrs.|

(ti>i/krrt' Oii'.t U.O..S 1

I STA TES.iLonlslana new consol. '• Oft;Soulli t.'aroltna new consol. Oa. 61Texas sute -s, I8ia

I wdu 7>. gold 1109do it's of .881 101! „*"

01l'lfs'.""°|>«'K!n«)«

Atlanta,Ga.. •do 8a

Ansusta. Oa.. 7a, bonds,Charleatoa stock 6hCharleston. 8. C. 7a, F. L. bda.Columbia, 8. C, laColtuubus, Ga., .§, bouda..LynchburgtsMacon a.boudsMeiophla old bonds, is .

,

do new bonds.ea ....do end., M. & C. RK

Mobile ^B (coups, on)do 88 (coups, on)

.Montgomery ssNashville 68, old

do rs, newNew Orleans As.

consol. fa., .

bunds. 7sgld. .a. quarterlyusto rallroada, 6a.

eg

dododododo

Norfolk faPeteisbursfsRlchmonaisSavannah ts. old

do 78. newWilmington, N. C, 6«, gold...

do 8«, gold....RAILROAD^

All. & Cliatt. 1st m. 88. end....Ala.& Tenn. Rlv. 1st mort 7a..

do Id mort. '.a ...

gj^ Atlantic H Gulf, coiuol

118J4110*j104107104?144

90lOlJi lO'.J

105

70

^^75

91)4

Indianap. A Vlucen. Ist^s, gr..Iowa Falls 4 Sioux C. Ist 7s...

,„,,, I, Indianapolis & St. Louis s ...I05X' Houston 4- Gt. North. 1st 78, g.lOO.'.K International iTexasi :ttg ..89*1 Int. H. & G. N. conv. 8b... ..

'i'n.'i|J.'«='=8on Lans. * Sag. Psof 85. 93

82 Kansas Pac. s extension, gold . ..

98^1 do 7s, land grant, gldI80

do '.6, do new, gld 50do 6s, gld, June* Dec 64do 6e, do Feb. A; .\ugi «sdo 7s. ;8 6, land grant 100do 78. Leaven, br'nch! 60do Incomes. No. 1,. . 1^do do Ko. 16... '^

do Stock,

Kalamazoo & South H. Ss. gr.

.

45)i ,Kal. .\lleghan. Jit G. H. 8». gr..Kans.-u« CUV A Cameron 1-* ..

.

Kan. c. St. Jo. and C.B. aof "63

do do S-ofKeKeokuk & Dcs Moines I't 7s.

do funded Int. dsdo pref. stock...

L. Ont. Sliore I?R. ut m. g. ;s.Lake sup. & M£s<. -st s,g<dd.Leav. .\teh. & N . W, 78, guar.

.

Leav. Law. .s Gal. let m.. 10sLogans. Craw. « S. W. Ss, gld.Michigan Air Line 3a . .. .

Moutlcello lb P. Jervis '.8, gld.Montelalr Ist :b. gold ..

Mo. Kansas & Texas :s, gold..l 00

94

80

89

SO60«010S7X

46211001009094603545

80

67899873

96

141311SO96JOG66

9093

»1»

40i

68761

do end. Savanli.

I

do stock[

do do gnar...,(Carolina Centra) Islm. la, g... I

Central Georgia consol. m.:a.I95

do stock.Charlotte Col. * A. 1st M.7«.

do do atock...Charleston & Savannah 6a. endSavminah & Char. Ist M.Clieraw tc Darlington .aEast Tenn. & Georgia CaEast Tenn. & Va. 68, end. TennE. Tenn. Va. A Ga. Ist m. 7a...do do stock

.

Georgia RB. 78do stock

,

Greenville & Col. 7a. gnar, do ;b. certlf...

Macon & Brunswick end. :a..Macon & Auguata tioods

do eadoraed...do atock

,

Memphis & Chtrleaton lat 7a.do IdTa...do atock..

Memphis ft Little Rock 1st m.MlsaUalppl Central 1st m s

.

do 2d m. 5s.

.

Mississippi & Tenn. :st ni. 7a.do consol. 8a.

Montgomery ft Wcat P. 1st 8s.do do Income

Mont, ft Enfaula Ist 8a. g.. endMobile ft Ohio sterling .

.

do do ex CCTtlf.do 8s. Interestdo 2d mort. 8a

S. Orleans ft Jacks. 1st m, .

do certiraSs..<lashvllle ft Chattanooga fa.Norfolk ft Feteraburg Isl m. 8a

do 7ado Jdm. 8a

Kortheasiem. 8. C. Ist m. 8a..do 3d m. 8a..

Orange ft Alexandria. Ista. (a.do ad8.6a..do 9ds.8a...do <ths,8a..

Rlchm'd ft Tetersb'g 1st m. .8.

Rich. Fre'ksb'g ft Pi.to. 6ado dorottv. 7a

Rich, ft Danv. Ist consul. 6s...Southwest RR., lia., Ist mS. Carolina Kli. 1st in. a, new.

do 6ado 78do stock

W>«t A labama 8s, guarPAST DOB COUPONS.

Tennessee State couponaSouth Carolina i-ons -1

Virginia eoutwnsdo consol. coap

-Memptils City t/'oupona

73759060»6706861low86t»

en606

"da648«aoeo

»87as8W70

i 80I HOI 88677aM80do8ft

904S4a4040ao8080404»4037388780ao078a8ft7»80

1»»4S7S80

I108060

I 97I**80IS40~409080809660100805ft

53lUiMl90IS8Sasu8ft90go9064«a6088404»ao1ft9078.90at-8S8»9S8ft90

Hi»i90160ino1»10»wanSB»

909040

Page 16: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

'>CA THE CHRONICLE. [June 10, 1876. }

NEW YORK LOGAl. SBOURITIBS.

Bank Stock Llat.

COUPAXIXB.

Harked thui (*) arenotl^atlonal.

America"American Exchange.BoweryHroHilwayBuir» Head*Buictiert ft Drovers .

.

CentralOhattiamCtiemlcalCitizens'CityCommenceCommercial*O<jutloeulaiCorn Rxclianire"Carrencv .....

Dry (roods"Bait RiverEleventh Ward*FiltliFull Avenue"FirstFourthFultontiallatlnGerman American*..German Excbanxe*...6e.*manla*Orecuwlch"Oran I Central*Grocers*HanoverHarlem*Importers' & Traders'.Irvinif(aland City*Lealber Manafactrs...Loauurs**.Manh:tttan*Manut. & .Merchants*.MarinoMarketMechanicsMech. Bkg Asso'tion..Mechanics & Traders..Mercantile-MercliantsMerciiants' ExMetropolis*MetrDpolltanMurray Hill*Nassau*New YorkNew York CountyN T.Mat. Exchange..N.r. Gold Exchange"NinthNortn America*North Rlvei*Oriental*Pacific*ParkPeoples*PheulxProduce'ReDQhlicBt. NicholasSeventh WardBecomi8boe and LeatherSixthState olN.TorkCnew;TenthThirdTra.iesmen'sUnionWest Side*

Capital.

Par Amount.

3,000,00(1

5.0O0,0(X)'250 IW

UOCO.tW200,000500,000

2,000,000450,000SCCIUX)eie.oi*

1,000,00010,000,000

ItO.OOO1.500,000i,o;«) («o100,000

1,000,000S50,(XI0

a«,ooo;5(i,(ioc

100,1 00500 coo

5 000.000'600,000

1 500,000

I'OOO.OOO'2llO,(KiO

200,000200,000100,000800,000

1 000,«IOii2,-;oo

1 50i),'XKi

•5110.000

1»I,0(0

BOO.OOO5UO,1K)0

2 050.000300,000400.000

l,OCO.0OC

2.000,000900,000(iOO.lXIO

1,000,000S.CflO.OCO

1,000.000500,000

4.000,0002-JO,000

1,000,0003.000,000200,0005(X),IKiO

500.000

1.500,010

1,000,000400,000300,100422.700

2,000,0004'.'2.500

1,800.0002.'iC,0OO

2,000,1100

l.orfl,0()o

800,000300,000

1,000,000200.000900,000500,000

l,fl0O,0O0

l,OOO,0O'l

1,500,1100

'i0o,ooo

DlYIDBNDS.

Periods. 1874 1R7! Last Paid.

J . & .1

.

M.&N.J.* J..).& J.M, «S.J.&J.J.&.J.J. 4 J.ev. 2 mosJ.&.J.Q-FJ.& J.

J.& J.F.&A..I.&.J.J.& J,J.&.I.J. 4.1.

«-J.

.1.4.1.M.4N.A.4 0.F.4 A.M.4N..\I.4N.M.4N.M.&N.J. 4 J..1.4 J.M.4 8,.J. 4.1.

J. 4 J,

K.4A.F. &AJ.& J.J. 4 J.J. 4 J..J. 4.J.M.4N.M.4N.M.4N.J.& J.J. 4 J.,1.4 J.J. 4 J.A. 40.M.4N.J. 4.J.J. 4 J..J. 4.7.

J. 4,1.

J. 4.J.J. 4 J.J. 4 J.J. 4.J.

J.& J..7.4 J.J 4J.

F.4A.r.4A.J. 4 J.J. 4 J.J. 4 J..7.4 J.M.4N.J. 4 J.J. 4.1.,7. 4.J.

M.4N..7.4.1.

14

10

10

8

71212121078X

121288

10108

10

8

108

810

114

7X

.Jao.3,'7«...5

.Msy 1,"«.3)

.7an . 8, '78.

.

Jan. 3, '711.. 60Sept. I, "75. .5

Jan. 3, "76...

5

Jan. 3,"76...4

lan.S. •7«...5

May 1, '7«,,15

Jan. 3. -76...

4

Mi.yl,';8...5.;«n. 10, 76 3S

j'dn.'illS.'.'.i

Feb. 1,'76..,5

July 1, "74.. .4

Jan. 10,'7.i.2>,

Jan. 3, '76.. .4

Jan. 3, 78 ..8

Julyl,'75.a>i

Juiy'lVYs'.V.SJan 3, '76.. 4

May l,'76,.-f.

Anl. 1, •i6..4

Feb. 1, '74.. .8

Mays. "78...

6

May, 3. '16...;

Dec. I,'75..60

jaii .S, '76.. .4

Jan. 3, '76.. .3

Mch.l,'75..-IJan. 1,'76...7

Jan, 3, '76.. .6

.;Vn!'3!'76.!'.6

Feb.l2,'74.8S«Feb. 1U."78..5

Julyl.'75..3MJa'1.3, '76...5

Jan. S, '76...

4

Jan.3,'7rt...5May Lie...?May 1,';6..6May 1, ".6..

4

Jan. 3. '76 ..1

Jan. 3,'78...4

7an 3, 'IS.SKJan. 3, '76. ..5i>ct l.TS.Maylo,'18 3>iJan. 3, '76.. .5

Julyl,'7.''...7

Jan. 8,'76.3SMay, '73. ..5

Jan. 3. '76.. 3J»n.3.'7l>3;4Julyl,'74.3MJau.3. '7'i...6

May I,'76...S

Jan. 3,'76...5

Inn. 8. '76.. .5

Jan S.'76.3XJuIyIS,'74..5)vFeb. 8, '75..

4

Feb. 14 -IS..

4

Jan. 3, '76. ..3

Jan. S. '76...

7

Ja 1. 3, '78.. .6

Jan.l, '7«...4

Nov. 10, '75.. 4

Jan.2'7l.2KgJ..n. 3.'76-. 4

Jan. 3,";«...5

iMay 1,'76..5l.la.i. l.'7'i..4

Bid. ABkd

iuak,

lOix

300U5X

nx

112

100

1)5

!26>4

Vu" iii

9S

135

55H

14C

Gas and City R.R. Stocks and Bonds.rtjuotations by Charles Otis. Broker, 47 Exchange Place. I

Oab Cokpakisb.

Brooklyn Gas Light CoCitizens' Gas Co (Bklyn

do certiDcatesHarlemJersey City & HobokenManliattanMetropolitan

do certulcatesdo b QJ8

Mitual.Sf. TNassau, Brooklyn. . ...-

do scripNew torkPeople's (Brooklyn)

no do bonds ,

Westchester County•CertiflcaiesBonds ..

Williamsburgdo scrip

Par Amount. Periods

25 2,000,00020 1.200,000...i S20.I'(H1

l.S.'iO.OOO

386,0004,000,0002,:00.000l.RIO.OOO

...1 600,000100 5000,000

502050100

1

25

50

1,000.0007ii0,(lC0

4,000,0001,000,0006a,ooo486,00053,00021,l«0

1,000,0001000,000

A. 4 0.f.4A.J. 4 J.J. 4 J.MAS.M. 4S.J, 4 J.

Last Bid. AskdcS dividend.

.M.&N.M.4N.J. ft J.F.4 A.

7

1^75

8X

J. 4 J.J. 4 J.J.* J.

June, 16

Jan., 'Il

\nr., '76.

Fcl)., ';6.

Jan., '76.

May, "76.

May, •76.

Apr., '76

Jan. ,'76

Jan., '7ti

Jan., 76

3 Apr,, "76:

7

9i

'iso'

ICO

;35100

Bieeelcer A'f.tfc J^ult^}nFerrt/—slock1st mortgage

Sroadway A Seventh Ave—itocM..

Srooklf/ji t7i£y—stock1st mortgage

BroadiDay (jBrooti^n)—stockBrooklyn cfc Hunter's Pi—stock..

1st mortgage bonilsVentral Pk, If. <t E. Wner—stockiBt mortgage, consolidated

Christopher tk lenth .^'trtfci—stockCviei/laUvid (fe Brook'n—ist mortUri/ Dor.k.E JI. <t Batters/—itock

1st mortgage, cons'dEighth doenu*—stock .-..

l»t moKgageKii St. it Grand St ferry—»lotk..

1st morteageCentral CronH 7ouin- stoclc. .,Ist mortgage

JIon>iton.Wtst fit.dtPav.Ferri/—HtttIst mortgage

Second Avenu/i—atoei. •

1st mortgage2(1 mortgage3d mortgaoreCons. Conver*il>lc

i^xl?t .^rten.te- stock..1st mortgage

T^trd Avt.nue~Btoc}iIst mortgage

I'livntit-tlUra Street—tlocK... .

iBtmortKage

100

lOOO1001000

;o

1000100;oo

1000100lUOO

1606100

ioti

KW100

1000100

1000

'500

101

uxxlOtO1000100010«10001001000100HOC

900,000694,000

2,100,0001,600,0002,000,000

300,000200,0004011,000

300,0001,800,0001,200.000650.000307,000

1,200,000900.00()

1,000,000203,000748,000289,000560,000200,000230,0005011,000

1,199,500

3!)0,000

200,000150,000617,000750,000419,000

2,000,0002 000,000600,000250,000

J. 4 J.J. 4 J.J.4D.Q-K.M.4N.J. 4 J.

J. 4,

J.4D.

JV4 j!Q-F.J.4DJ. 4 J.J.& J.M.4N.A.40.

J. 4 J.Q.-K.J.4D.F.4 A.A.40,M.4N.M,4N.J.* J.Q-F.J. 4 J.J 4 J.M,4N.

1880Jan., 76

1884.May, '76

18T2Jan., 76Oi;t.,'75

1888

1895

May, '76

Jan .','76

May,' '76

1378

Jaly.1894Apr. .76

1877187618851888

May, te1S90

Hay, '76

1):90

Jan. ,'76

Tlua coiuiui. kuuwB last dlvlueDd ud stoctt, Alio date Of nittsrity of MiuU,

Insurance Stock List.

(Qaotattons by E. S. Bailxt, broker, 65 Wall street,)

Par Amount.

Adriatic.(EtnaAmericanAmerican Excb'e..AmityArcticAtlanticUoweryBrewcis'4M'l8t'r6liroaiwayBrooklynCitizens*I ityClintonColumbiacommerce Fire

Commercial('ontinentatKagleEmpire CityEmporiumKxcMangeFarragutFiremen'sFiremen's Fund

Firemen's Trust...GebhardCJerman-AmericanGermaniaGlobeGreenwichGuaranty..,..<(tnardlanHamiltonHanoverHoffmanElomeHopeHoward:mporter8'4 Trad..Irving...,.lefl'ersonKings Co. (B'kiyn)IvnickerbockcrLafayette (U'klyn)Lamar,. *

LenoxI^ongl8land(Bkly.)LorlTlard.Manuf 4 Builders^.Manhattan..—Mech.&Trart'rs'.Mechanlcs'(Bklyn)MercantileMerchants'MetropolitanMontank (B'kiyn)Nassau (B'kiyn)..NationalN. T. Equitable....New York Fire ..

N. Y. 4 \onkers.NlairaraNorth KivcrPad lie

ParkPeter Cooper.People'sPhenlx (B'klrn) .

Produce ExchangelieiiefKepnblicKldgewoodResoluteRutgers'SateguardSt. NicholasStandardStarSterlingStuyvesantTradesmen'sdnlted StatesWestchesterWUllamsbnrgClty.

25100901001002u50251002517

20TO:ooSO1005010010

10(1

1003C

17

1010100

10(1

505025110

lOO15

50SO10025SO90la3020405010025502510010025505050SO5050

37 )<

85100100

2521

100205050

1141

90100101002510025501001002525231050

NKT purPLCS,

Jan. 1,

IS'6.*1872 1373 1374

200.0(10

200,000400.000200,0002(*J.0O0

2011.000

i!00,000

800,000200,0(10

200,0001.53,000

800,000210,000250,000800,000aco.odo200.000

1,000,000300,000200,000iflo,oio

20)tflO20),1W2OJ,00Ci

190.000190,000200,000

1,0110.000

500,00020f,(X)0

'200.(100

'.'00,(K10

aoo.iw150,000500,000200,000

3,(00,000150,000500,00020(1,000

200.000200,010150.000280.003150,000200,00019(1,000

200.000.MIO.OOO

200.0002.50,00(1

200,000190,000J00,000200.0003(X).0002110.000

•200,000

200.000210,00020(l,(X)0

200,000500.000390,000200.(00200,1100

190.000150.000

1,000,000<(Kl,rOn

200,000300,000200.IJ1O

200,000200,«102(1(1,000

2110,000

200,000200,000'2(10.0(10

2(X>,000

150,000i90,0003110.000

•i90.ono

3S,6('6

E2,E3'J

8;n,6788S,0"in

IS.KSln,9B'j

183,054-i8,6:2

26,144801,595289,1678(6.880ai7..XW192,24789,1543.1,890

169,315

600.2225.'0,059

141.633SO,4E5

1S;,8I2146,060116,1«I

83,5631H,0-J9•21,3-!6

509,705616,lf0153,0918-25,:91

1,88!

S6.6J9114,867

392,1599',453

89.1,7234ii,9'.l0

198,571

102,21

8

4i>,9»2

137,019213,7;271, '.-a

1-5,314

r.7,.T(.9

86.973186,67.1

103,258155,1124

282,425S'20,899

171,39765,603181,27625,865ia,077275,8.59

llS,16i339,032214,011'

36,5364.57,'298

187,ifJ4

898,655176,22''

225,5e7141,1140

785,6-921,-^04

71,8W85,94S

83,6S023,«5

2'i5,958

136.31649,94515;,78)125,-i4i

114,153

176,0'189,S7S261,5111S0,1R6

874,;06

UIVIDKNDS.

205

10 10

15)t10 1310 10

12 18

1875 Last Paid

10

IJ

10 liu

iio I12

1014

IS

10

8

1010

305

20

3020:o

»)

1010

20S-81

.JO

14

W13

12).

19

10

12

10

10

10

13

J5

io"iO

10

lU

10

10

12

12

13

10

iOiO20

10

10

16

10

10

14

10

10

2010

iO20

1220ill

lO

10

I.'

.>0

2il

.iO

iO

19

10in

11

10

20

12HlO

11-6

riH10

20.1)

16

10

20

Pnos.

Jan. .'76. .5

Jan'7i.l2J<.Jan., '76..

7

Jan. ,'76. .9

Jan.,'76..4Jan.,'78..6Jan.. '71..

5

June, 16. 10

76..!Feb.,'76.1lJac,,'76.7/Jan.,'76..;0Heb., 78.1(

Jan.,'76.:0Jan., '78

J an., '78. .5

Jan.. '78.15

Jan. '76.5.6(1

Apr., ''78.15

Jan,, '76 .7

7an.,*76..5Jan., '76

Jan.,'76.7MJan. ,'76. .8

Ian ,'76..

5

Jan., '76..

6

b.,'76..5J<n.,'76..5Jan. ,'76.1

Jan. .'76..!

Jaj.,'76.10

76'. 5

Jan.,'7b..'.0,lar.,^76,

Jan., 75. .5

Jan., '71

Jan.,'7'»..9Jan. ,'76. ..6

Jan.,'7'>..6Jan. ,'76. .5

Mch.,'76..5Jan. ,'76. 11

Jan., '76..

5

Jan., '76 1'

Jan. ,'76..

5

Jan.,'7r-

Jan , '76.10

Jan. ,'76..

5

Jan. ,'76. .5

Jan., '76. .7

Jan.,'78.^J(l

Jan. ,'76. 1(1

Jan., '76. .5

Jan., '76.11'

Jan.. '78. .5

J.n., '78.10

Jan., •76.15

Jan., '76. .8

Ian. ,'76. 10Feb.,'76.10Jan,. '7"

Jan.. '76. .9

Apr., "76..

6

Jan ,'76.11

Jan.,'76.ir,J an. ,'76. 1(7

Jan., 76.10Jai..,'7«.lJan. ,'76..

5

Jan., '76. 5

Jan., '76. .9

Jan., '76. .e

Jan., '76 .5

Feb., '76.15

J8n.,'76.7>«'•eb.,'76..rJan. ,'76. 5,6

Jan.,'76.7HFeb ,'7"

"

Jan., '76.10

Jan., '76. r.

Jan ,'76..!'

I'eb.,'76..9Jan.. '76.10

109140

3tl6'

65SO16911590

!'2K85176;i5so143

uo

ies"1(10

iro17'

1

SOISOHiW3165

9'J

170«0155i9>

12)190163

75110

3mS

m"mlit-

is

1at

Hi

i

iWin

«in«to

iiis"

Iin

190

* Over all liabilities, including re-insurance, capital and profit scrip.

GStr Secnrltles,

[Quotations by Dahiei, A. Uoban, Broker, 40 Wall Street.]

yeio York:Water stock lSll-63.

do ;.. .1(154-57.

Croton waterstocic. .1845-51.

do do ..185'2-60.

Croton A(ined'ct8tock.l865.do pipes and mainsdo reservoir bonds

Central Park bonds. .1853-57.

do do ..185.'J-65.

Dock bonds 1870.

do 1^75.

Floating debt stock 1860.

Market stock 186.5-68.

Soldiers' aid fund 1863.

Improvement stock 1869

do (.0 ....1869.Consolidated bonds var.Street imp. stock' var.

do do ' var.New ConsolidatedWestchester County... ,,..

Jersey Cttp; «Waterloan." 1852.67.

do long ..

do 1869-71

Sewerage bond* 1866-69.

Assessment bonds. ..1870-71.

Improvement bondsBergen bonds 1868-«9.

Brootlyn-rQhotations by NLocal Improvement^City bonds

doPark bondsWater loan bondsBridire bonds'vVater loanOlty DonosKingB Co. bonds

(to do•All BrooVlyn bnnds flat.

iNTBRKfiT.

Mouths Payable.

Feb., May Aug.4 Nov.do dodo dodo dodo do

May 4 November,Feb., May Aug.4 Nov.

do dodo do

May 4 November.

Feb., May, Aug.4 Nov,May 4 November,

do dodo dodo dodo dodo dodo do

January 4 July,

January ft July.do do

Jan., May, July 4 Nov.

January and July.

Bbbrs, Jr., Broker, 2>i

January 4 J uly,do dodo dodo dodo doao dodo do

May 4 November,do do

1877-801877-791890

1SS3-901884-19111884-19001907-111877-981677-95190119051878

1894-9718761889

1879-901901

1S881879-021896

1891

18771895

1899-19021876-791S76-911905

IS76-1900

Wall St.]

1876-801881-951915-^il

19031913

1908-19051881 -se1860-83IS8U

Bid. Ask

99lUl

96I(i2H11 2H1:2

lOS96100lis

1(8

UllW117

':oi

104115

114

wml(4>.:

113

106

9796

107H1001(H1

107 S102

in1117

iiex116

1141(6

1"4

W7

100

H12

97

105

109118

109

97IDS

119

IW10!

IIS

ioj"117

IK'.»

MB114

107

99

»7

m101

107

vm

IBIIB

IWinlot

IM111

lua M

Page 17: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

June 10, lb76,] THE CHRONICLE 565

^ntiestments

STATE, CITY AND CORPORATION FINANCES.

The " Investors' Supplement" Is published on the last Saturday

of each month, and furnished to all regular subscribers of the

Chrosicle. No single copies of the Supplement are sold at the

office, as only a sufficient number is printed to supply regular

subscribers.

ANNUAL REPORTS.

Boston Coiicoril & Montreal Railroad.

{For the year ending March 31, 1870).

The directors' annual report contains the following:

EXrENDITDBES.Arai'ntcnancc' of way $170.33()MuHenance of mollve power. 8(),4W'2

Cost of working road • 8x7,030Ciist of mana^'emeDt ]4.2>iO

Miscllluueoua lg,7.]'j

$Sll,S4i

EARNINGS.From paecensers $876,16!From fivlght 386,607From maili! 18,019From express il.OOO

From miecellaneoas 3,its

$693,354

Not earnings $184,014

The increase of gross earnings over last year is f29,100, and ofnet earnings $41,803,—reeulta quite as favorable as could havebtien expected, considfring ilie long state of business depression.The road-bed, track, bridcfes, fences, stalions, &c , havo been

kept in careful repair, and are iu as good condition as at anypre-viouB period. Our equipment baa been increased by the purchafoof one thirty-ton freight engine, one first-class monitor-toppassenjrer car, and one new baggage car; one of our passengercars has been changed to a drawing room car; wo have rebuiltone passenger car with monitor top and Miller platform, andrebuilt seventeen platform cars and one box car, all at a cost ofover SoO.OOO.The semi annual dividends upon the preferred stock, amounting

to $43,000, have been paid and charged in the accounts. Thesinking fund holds $300,000 of its own bonds which cannot oere-issued, so that our bonded debt is practically reduced thatamount.The lease of the Southeastern Railway and equipment to the

Passumpsic Railroad, and the contract between the latter railroadand this corporation, expired, by limitation, in March last. Thesecontracts havo not been attended with direct profit, but haveresulted in an efficient and economical line to Montreal, which, in•connection with other incidental advantages to both the Pas-sumpsic and this corporation, promises, with the recurrence of

business activity, favorable pecuniary results. While, therefore,the lease and contract have not been formally renewed, they havebeen practically continued in force, and the line and the businessoperation and connections of the roads forming it have been con-tinued as heretofore.

The best interests of the corporation seemed to the directors torequire the extension of the branch from the Fahyan House tothe base of Mount Washington, a distance of about seven miles,there connectingjdirectly with the Mount Washington Railwayextending to the summit. Accordingly, contracts for its construetion were entered into last fall and the work was then commenced.It is expected that this extension will be completed and openedfor public travel by the first of next July.The directors trust that the future of the corporation will soon

warrant the issuing of the consolidated stock to the satisfactionand for the best interests of all concerned. During the past year,we have sold consolidated bonds to the amount of $345,100, theproceeds of which have been applied towards payment lor thebranch extension.

BOSTON CONGO 'in 4 MO^tTRIAI. HAILUOAD, MARCH 31, 1876,

Dr.<3ons traction $2,850,000Woofl, oil, &c., on hand

compared with the previous year ; but this has been offset ia putby a reduction of nearly $17,000 In the expenses.

PrompaMen){ert.,Kron rrelshtFrom reouFrom «xprMS , ,

.

From mill*

HU

.> ajtm

Total sfnn earnlni^.Total cxpeudliurot

LcavlDK* balance of. ... MIBjnFrom wlilcli liai been paid

Tiixeauii capital «tock $37,tHMancboii-r /ti Lawrence Railrot'l uisMKent 'if C wicord & Porlomouth Uiilroad lB.MnKent of Huncook Valley Itallroad t,iDM— tlt<,MB

ReoMpta ovi>r exnoniea iUI,OMFrom iIiId has 'ini^n paid

Two dividends of 3 per cent each tlSO.OOO

Balance carried to contingent fund $l,onNASHUA ACTON * BOSTON HAILROAD.

The directors, nubject to the approval of the stoekliolder* ofthis company, have taken a lease of the Xashna Acton & BostonRailroad for the term of ten years, from Jan. 1, 1870, and at therent of $11,000 per annum. Id connection with this lease, par>chases of the rolling stock, and other furniture of the same road,have been made by this company to the amount of $70,0*0. Thesepurchases were necessary for the purposes of the leasr, bnt tbaproperty would bo useful to this read, and was taken at soehprices that there would be no loss to this company on it, even Ifthe lease should not be approved and continued. In addition tothis, a loan of $73,500 has been made by this company to tboNashua Acton & lijston Railroad, to enable it to discharge somaof its obligations, which it was desirable to have removed inorder to accomplish the lease. This loan is made on secaritj-which the directors regard as reliable, and the interest on it iaprovided for by allowance from the rent of the lease. The sumof $16,513 has been paid towards the purchase ol the property,above mentioned from the earnings of this road, during the paatyear, and is included in the foregoing expenses of that year.To provide for the balance of these purchases, and also to

supply the place of the funds used for the loan referred to, it haabeen necessary for this company to make temporary loana on Ita

own credit, for which its notes have l>een given.

TREASUREB'S TRIAL BALANCE, XABCU 31. 187(.I>r.

Conetrnctlnn .'$1,300,000Rindgo's Wharf, Portsmouth tl',B07Manchcslcr *North Weare Railroad Il,n4Mt, Washington Railroad • ],6BB.'iaiicook Valley Railroad , Vtt.VmNotes receivable 10^000Cash on hand 7a,4i9

t^TCO.SVCr.

Capital stock $1,900,000Dot. and contingent acconni 9ti,978

Notes paya))lc R),OTInterest accsunt 44,010Income for dividend. May 1, 187R 75,000Concord Railroad, dividend unpaid - 1,5^Suncook Valley Railrnad, dividt-nd unpaid tOConcord & Portsmouth Railroad, dividend nnpald UT

Northern (N. H.) Railroad.

(For the year ending March 31, 1876).

The earnings of this road for the years fndiog March 81, 1875and 1876, were as follows

:

I«5.From passengers $J0'},531

, , 57,140Stock, Ac, on hand for repairs 113,6101870 bonds on handTrustees of sinkin ; fundPemigewasset HouseJoseph A. Dodgj, Superintendent

sro201.50016,f0026.713

Purchase of White Mountains, N. 11., Railroad SOJ.OOOJKitension of • •• " " W.OOOBranch Railroad to Mount Washington 245,000Cash on hand for ciinpons unpaid 1.S43Cash on hand for dividends unpaid 8,581Cash and bonds on hand 14S,»56

$4,765,372Or.

8tock(old. dividends, 4c.) $459,600Stock, preferred 800,000Stock, new 540,400

$1,800,000Bonds due in 1865 $76,000

" 1675 •••• 850.00(1" " 1889 624,000" " 1898 1,344,000

Coupons due and unpaidDiTifienda due and unpaid.Dividends due and unpaid since Hay 20, 1867Profit and lass..

.$2,394,0001,8:H1,4488.784

S59,S<6

$4,765,372

Concord Railroad.

(For the year ending March 31, 1876).

The report has the following :

Owing to the continued peneral depression of business, the

gross receipts have fallen off about $52,500 during the year, as

From merchaiidise 4f'8.t)?5

From mails 14,m7Fromrents 2,179

From express 7,500

From misccllaneona 121

$636,129

Expenses ».. 44«,«18

ISalance of earninKS 167,fi07

Less new rail account 21,129

Net earnings $U6,jr7Add balance of income per last reportBalance of interest account

18TI.$181,3182<S,M814,«I0S.10C7,aoa

tS«S.tM383,174liO^lOis,seo

$9e,M3MM4MK

fi?a,Mii

l«t.«IB

Total IncomeFrom which deduct—

Paid dividend Dec. 1, 1875,32 50 per share $74,159

Dividend payable June 1, 1876. $2 SO par share 74,gat

Balance of Incomo account

During the year, 456 tons of iron and 200 tons of steel rails, and53,030 new sleepers have been laid in the track, and about 3,300

tons of rails have been repaired and ro-laid. One new mail mudeleven freight cars have been built as additions to the equipmantof the road, and one passenger engine and seventeen freight cans

have been re-built to supply the place of others ; and the road

and furniture have been kept in good repair. The report wtym :

The statement of earnings and expenses from the agent's

department, if compared with that of the previous year, woaTdindicate a large decrease of income during the past year. Bnt «part of the difference which thus appears arises merely from »change in the form of the accounts; the statement of last y««rhaving included certain receipts which now appear in the ItMKof balance of interest account.

The actual falling off in the total income of the road darinf^UMyear, from that of the previous year, has arisen from those geaaial

causes which have so severely depressed the business of railroad^

in common with other enterprises, during the year.

Page 18: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

56B FHE CJHKONtCLK [June lU, 1876.

TRIAL BALANCI 6HEET XAR3B 31, 1 1.6.

OnttraetioBadk.oaWaato

. 83.06?, 4C0

8W,JtO

• "";;v.'^'.'..v../.;i^^^v-^^^^^^;'-- • "i

, sp/in

•tock.V.. .'. *•»'''l!<,lil.')

8T.23H75.01

m ah>reeNar:ta(.-rD railroad, N.H.,eoBtCootracia •••

<!MhA«enl'« lU'partiao It „<,,„c,BUU rwiuihle V.. .^Oonoord & Cmreinaut N. H Eallroad !!r_

S:),STf!,-3i

Inciirae ."..*.,Contlngfiit fun 1 """';„'

VondtniKt .^pril 1, 1374 •

DlvMeiuls ii!.;i«lJ *'' ,uCoaponu itiipaid •• 1,1*9

lOJ

Blllti pavahleSlTiduaU !aui 1, IjTii.

P,2i:

! Ng.O.'O

{3,819,'; 37

Flint & Pcro Marquette Railway,

(For the year ending December 31, 1ST5 )

nOOU ACCOUNT—IltCEIPTS AND Dl'^EURSEJISNTS FOK THE TEAR ENDINGDECEMBBK 31, Is'S.

Jiectipts.

CaalionhanilDec 31. 1374 {as,!.^

Woodf, stores, supplies, &c., on haml Due. 31, lb7t l.iS,K31

TralBc rec ipti" Hrid llltere.*t on land talL'i* 1 O'i't.OS'J

Met receipt* siles of land. 101,5yS

Bend« wuld

Third series $2,^0CoDsolidaed 4.<a,00j

Acres.Sales to .Ian. 1, 1S70 BJ.87aBales during- toe year I8tO S9,G>e

•• 1-^71 llM4>ii

ix-i

1S7J13T5

19,9-!)

7, 4'

8

8,2147,43J

lOOths.60iSX737i1^Ot

21H

Per acre.$'i S58 118 27

1,1 03H 1310 8911 39

468.737Dedact for cancelled sales 5,7.;7

Amount.$'.«7,MS'9ga40.s40 279:<n.l-;6 81a01,I9ri 8«I7.74fi H8:t..50i 0384.638 85

44,;:;9 IJ

Si 13 $-^,143,931 3iEquals total net s.les lo .Ian. 1, '78 2C-2.9Ja 95

f'rocecds of timber sales to the amount of $51,252, arc not included in theabove.

Tlie following tp.bulated statement sliowB the mioiber of aeregot land i-old in uac.'i trust, and lUe amount unsold at tbe date of

this report ; alno proceeds, by trus-.s, from tUe sales of land ; theamounts collected during the past year, with principal andinterest, by trusts, and the amouut ot bills receivable on handfrom lands sold by trusts :

Acres belnnpm to tra«t.

Acres sold lo Uoc, 31, '13.

FirstTni-t.15:1600lli.8)5

SecondTrust.15l,f.00

73,:J75

Third Ponrth Fifth TotalTrust. 'Jrn<t. Tru»t. Trusts.76,-00 7B,800 f0.7'i2 .511,503

27,753 3.843 44,130 '.^02,999

Acres unso'd 4y.701 S'.,-iH (,014 70,956 6,5';2 248,501

Proceeds of sales (in'cld.

SH4,2»2 for (mVir sales). J884 7S8 $5S2,n2 $296 271 J]J3,313 $321,494 $3,208,24J''7 72 7 89 10 31 10 31

Sote» guaranteed by trn'tees of land funds discounted in 1575Bills receivahl.", co,lected

Cash received from account of 1676

Dlsburse?nent8.

£01.000J"),»('0

9.6635 ,544

$1.9.0,228

Operating expenses fC.flO.t.'i.'i

Coupons, interest and tuxas 4~'^,:it0

Csustruclion account 14'',iti*l

CoDstruction of liuildiugs ;».98!)

Construct i"u of rulilm; stock l(r, i«4

Profit aud los-, disC'innt on l>ond8 73.20OAdvanced E:ist anfinaw & St. Clair Kallroad 1,051Bonds ciiucelled—

Third series ^l/tSecond series ;i,0

SealestateBills payable, decrease in 18T5Personal balances, a^ents and oih*r loads.Sapplies on hand Dec. 31. 18^5Oath on hand Dec. 31, 1873

10.000

1,918274.7(15t3.05«

128.0032,211

44,0!il

l!,fi32

3,141

80. -54

4,537

917

$8,350

$4 32

54,132

7,425

u.2nne,7<t8

321

14,8015

2,2302,374

$3,993 874,134

$12 43 $17 80

9S.2Ct4,<l31

81.9.68,351

7 22

30.1521.P81173

S1,SS3

SIO 77

10,501I, its

8 1&

•.33,601

31,18*7,130

$107,068

$11 99

3T9,1U31,1141

' derived after

75.$1,1 1,238

gTATEHENT Or EABNINQ9 AND EXPENSES IN II

Earnings.

Pae«enger traffic S4"4,2^9Freight tiafllc 5S1. 74Express 11.279Mall 2,%4i3Kent 1,774Interest on land sales 31,132

$1,055 053Operatinz expecses 690,455

Net earnings $i5S,698

The amount of outstandi|ng Flint and Holly bonds is stated at

$400,500. This will appear iuconsistent with recently publishedBt»temeats in which the sum is given as $375,000. The discrep.ancy is explained by the fact that the trustees redeemed the bondsof tiiat issue that matured on the first of May, 18T5, but have notyet returned them cancelled to the Treasurer's office.

On the 31st ot December, 1874, there stood M credit of8. Knapp, TrusteeThe net credits to same account in 1375 were

SlSi.roe. 22,493

S204,ii04

The bonds of the first trust having been redeemed and can-celled (except $1,000, as stated in the report), and the remaining«B9et8 of this and the second trust being largely in excess of theFlint and Holly bonds, $380,009 of which do no't mature till 1888,this credit balance was disposed of, under direction of the Board,as provided in the Trust Deed of Aug. 2, 1875, by a conveyanceto trustees of the latter trust of real estate to extent of $113,411for security of bonds therein named, and by merging the balanceinto the genera] fund of the company to the extent of .§01,593.Tlie issue of 8 per cent land-grant bonds was not secured on thebmds from which these funds were lealized.The expenses of 1875 were largely increased by reason of tbe

Tery severe and protracted winter of '74 and '75, during whichthe damage to track and rollinff stock and the cost of removingBnow were excessive. The cross earnings and operating expensesof the year compared with former years as follows

:

Year. Earnings.5|a 8i,i33,>ii»

JSP 1,126197

3£J l,nt:3.98S'16 1,055,053

LAND DEPAKTMENT.Ihiring the year 1875, there were sold by this department 7,430

acreti of land, at an averaj:e price of "$11 39, amounting to$84,638. In addition thereto, sales of timber have been madeletaining the fee, to the amouut of $33,050. Makinir the ap-irra'gate sales, $107,088.

*= ^^The sales of land during the year 187-1, as compared with pie.

Tioua years, is shown in tho following table:

Expensofl,$678,41147n,ti03

6(.8,99S

6J6,455

Net,$45'. 118414,591t9',9«0a5S,5U8

1875.)

•Pr. ceeda per acreAmounts collected in

,£,..- j Principal.. ,.'""•'•• (Interest

Acres sold in 1875Am*>unt of soles of 1875,

iuciudinsr $23 030 fortlmbersales $19,073

*.\verH;^e [ler acre ol'

sales of 1375 $0 05Bills receivable on hand

Dec ai-Tsi Principal,. 127,2,59Dec. 31 '5| j^j^^^.j jj.g,* •' Proceeds per acre" and ".^vera^e per acre of s,lea of 187

deducting lim'Qer sates from proceeds of sales.

Sioux Citj & St. Paul.

{For iJie year ending December 3!

The report of this company lor the year 1875 contains the state •

meuts below ; the report of the connecting line, the St. Paul &Sioux City, was given in the CIIUONICLE of May 13, on page 470.

The President says

:

The final arljustment of our lands with the State of Iowa hasnot been made, and no deeds have been received from the State

during the past year. The suit brought by the McGregor RailwayCompany, for about 190,000 acres of our lands, pending at date

of my last report, remains undecided. By the advice of a majorityof the Directors, I entered into an agreement with the McGregorCompany to refer the claim made by them to Eon. S. F. Miller

for decision, both parties agreeingto abide by his determination of

the cas". The greater portion of lands heretofore sold, haie beenfor bonds, and at prices that would redeem the face of the bonds.or neaily so. without including the lands in suit. Should thoselands be lost to the company, the remaining lands will h^ve to besoH at the lull appraised value, and great care and economypracticed to make the lands redeem tlie bonds. As President ef

tlie coinpauv and Trustee lor the bondholders, I deem it uiy dutyto hold the lands at present pr'ces, until the qaesiiou of disputed,

title is settled. Feeling confident of success in obtaining title for

the lauds in suit. I have contracted to sell some of them, and asmall portion of the bonds on hand are deposited on account of

such sal-s. No deeds have been given, and if ou' title fails, thebonds will be returned, an t contracts cancelled. At the last

report, I'lere had been cancelled of land bonds $3'^S.0d0. At thenext nie-tin,; ot the board there will be cancel. ed $317,000

np.king in all, of cancelled bonds, tCOO,000; leaving outstaniiing

^'3,300 000. From sales made sinc^ January 1st, IST'J, boads havebeen received for sale of deeded lands equal to the amountreceived for sale or contract of disputed lands, so we miy safely

cancel the full amount shown by this report to be on hand. I

think it proper lo remind all holders of land bonds that their

bonds may be exchanged for any lands of the company, at

appraised prices for land, and at the face value of the bonds.

* LAND GRANT.Acres.

Deeded to the company by the State of Minnesota 230,121Patented to the state of Iowa for the compiny, 40. ,1)07,17 acres.Of th'^se the State of Iowa has deeded to com'panv 181,743or these are :;waiting conveyance to company '.

.. 222,253|

Estimated as yet enuriug to company in Iowa 16^|

To al

STATEMENT OP SALES.

Prior to 1875.Total number of acres sold 53,0;^9

Valneof sales 8410,v94Average price per acre 7 9;J

Number of town lots sold 409Value of sales $46,755Average per lot 114 81

J!eceipts.

Prior to 1875.

Principal on land sales $371,7H7Interest on land cont'atts 4,904lieposits (partial payments) f3SPrincipal on tiiwn lot contracts 40,325Interesi on town lot contracts 3,097

Total $4-;0,t02

Received in bonds $S8T,702>'.i9ceived in commissions.I'eived in cash S8,8D9

I

... 637,288

During 1«75. Total.38 974 (12,073

S3:J5,tt44 8616,2W(1 1 5 7 01

37 4:682,<'85 $ 19,740llu 55 114 03

During 1S75. Total$22 ',..78 $594,81*

2,015 6,919424 DRT

1,390 41.lil5

4h3 3,5tO

S227,!:7fi $fi47.879

$il 1,1116 $5:i9.67i>9,4ii9 M,46»

5,f.S0 38,729

""Ota! ... $420,602 $3;- ,276 $647,678

Page 19: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

June 10, 187C ] .THE CHRONICLE MrCOUl-AHATIVi! nl'ATESIEMT ur KARKIN09 AND UPCKATlHtt IXTKNaU ruV 187*

1071 *^D I8;6.'

Earnih'js. ' ]3T:i. 1874. ii^.FrrUhi $1V).H9 $175.31!! «i:«7»«

Mall 6,CS5 f-.U »J;SEipree? 4,19) 6.5i) n -ivilIl»ceIl»neoa« 13,031 2'i.6;i8 18.^^u

Oro«« camluea $J«l,ti87 giSl.US laTJ.TlisE-rpeuwi—^Kxcludlng taxes, rerUi a d inttrttt.)

''"•I- 1ST4. IKT.'SGinortl expense'" $10,481 $ ll.tUJi f*l51liioad ileiiartment lOI.HJT 4«.i7i) td'lixMachinery (letartmeiit .. i\'\i 4!,S'ii) 44'8";Transportation tJopartment lOO.HuO W.7i3 !»v ai

Operating expenses $873 .M9 $;ll,749 aaii -nNutloss 4a,8til

»•". •!

Net aarninss Sfl.'S'i 7i7i6Percent of I xpenses to earnings,. 1217-10 03 2 10 "0 1-lu

GENERAI. INVESTMENT NEWS.

Atlantic Mi^sis.sippl & Ohio.—Tlie case of tliB Atlantic Mis-fippi & Ohio Kailroail, on a motion of ilie trustees under tbe$15,000,000 mortjrage for forpclosure and appoiutmeiit of nreceiver, was up in tbe United States Circuit Court, at Kicliniond,June 2. Tlie counsel for tlie defendant.t demurred to tlie bill ofcomplidnants on the ground that the plaintiffj repre.sented toogitiall an interest to pive them standing-, and likewise on thejrround of want of equity. Alter argument, pro and con, leavewas asked tD withdraw the demurrer and that further time bejrivon to file an answer to the bill. The court allowed a with-drawal of the demurrer, and the case was continued; and on theCth in.Ht. the Court appointed as jjint receivers M-ssrs. Chailes L.Perkins, ot New York, and Henry Fink, of Lyuchbur^r, Va., thej)reBeat superintendent of the line. These gentlemen wererecommended by both parties to t'ue case, Mr Perkins on the partof the bondholders and Mr. Fink on the part of the railroadcompany.

Atlantic & Paciflc Railroad.—Wa are informed .'hat no an-nouncement ha.s b=en made by the Receivers that the July inleres-ton the South Pac'fic first ir.ortxag-e bonds will not be paid, asstated in the Ciikoxicle of June 3. The item teferred lo wastaken from the columns of another journal, and bs-ing a brief andposiiive statement of fact was supposed to be correct.

Jiostuu & Lowell.—The company invites sealed proposalsuntil June l.j, J87(), for the purchase of $750,000 of their six percent, currency bonds, having twenty years to run Irom July 1,

187G. with interest payable serai-aunually, theaime beingauthor-ized by vote of stockholders, passed January 5, 1870. "lor thepurpose of fundinjr the floating debt of the corporation." Thesebonds may be registered at 'he option of the holder.

Boston & New York Air Line (late New Haven Jliddletown& IVilliHiantic).— The annual meetinir was held at Middleiowu,Conn., this week, when the followini; directors were elected forthe ensuing year: Samuel S. Sands, President; D. B. Hatch,Treasurer; H. B. Hammond, General Manager; Kipley Hopes,Charles Dana, E. Elleiv Anderson ; Thos. L. Watson, Secretary;Henry Lewis, Isaac Anderson, Allyn M. Colgrove, J. N. Camp,Benjamin Douglas, George S. Moulton.The gross earnings for tbe year ending June 1, 1876, were

$16-'5,',l8li ; the operating expenses for the same period were §123,-635 ; surplus applied to construction, §37,351.

la the operating expenses are included the following extrtor-dinary disbursements, which will not be again required (or along period

:

Painting of iron bridses $6,629Fepairiuj; and re-buildlng iccomoilves and passenger cars 15,771Rent of engines 1,300

To'al J.a.COO

The operating especBes were 77 per cent, of the gross earnings-Deductinjr the above extraordinary expenses or disbursements,the operating expenses would have been 3 per cent.

Bnrlingtou Cedar Ra))id.s & Jlinnesota Railroad.—Underthe decree of the United States Court, made in October la.xt, theofficial notice hxes- the sale at Cedar Rapids, June 22. Thesale,is to satisfy the lollowirg mortgagees

:

Chnrli'sL. Frost ami J. Edgar Thdmson S 5.400,000PhlloC. CHihouii and n<!iiry Clews S.UiO.OOOyaru.'crs' Ljan <& Trust Cejupany S.liil.aiO

$105111, V.O0

Canada Sontlicrn.—At the annual meeting of the stockholders,

the following directors were elected : Messrs. William H. Vander-bilt, Augustus Schell, Samuel F. Barger, D. D. Worcester, JosephMarker, W. L. Scott, Sidney Dillon, Adam Crooks and E. A.

Wickes. A resolution was passed approving and confirming the

sale of the majority of the stock of the company to CommodoreVanderbilt.

Chicago Milwankee & St. Panl.—Milwauk-e, June o.—Atthe annual meeting of the siockiiolders of the Chicago Milwau-kee Hi. St. Paul Railway, today, over |28,000,0OO of stock andbonds were represented. Tbe followinar gentlemen were elected

Directors: Alexander Michell and Juhn Plankinton.of Milwaukee;Julius Wadsworth, Walter S. Gurnee. Davil Dows, JeremiahMilbank. Abrain R. Vannest, John M. Burke, at.d Peter Geddes,

of New York ; George W. Wid, of Boston ;Joseph G. 1 horp, of

Eau Claire ; and Jonathan M. Bowman, of Kilbourn City. At a

suba>-(|uent meeting of thd Directors the prtsent oHicera werere-elected.

Colorado Central.—The Denver (Col.) Mirror says: "By a clever

eouii de main the Colorado stotkholdeis (the proxies of Eastern

holders, by reaaoo ol ceruin Informalities, hiring b*in throwaout) Toted tbemralres Into poslilonaof •uthoritr, organizada nawboard of niaoogeiueat. appointed officers of thalr owo.aod b« tWUB« of s little physical perauaaioo, obtained complete poaaaaaioa(olne points of tbo law) of tho road and Its rolling stock, and u*now operaiintf It. Tlie Union Pacific sold and transferrtd theproperty to the Kansas Picitic, wiili a guaranUe to oarry oat in(lood faith tbe terms of rale. The lattrr bare made no effrwt torecover, waiting probably far the original owners to sMtla thedifficulty and reatore the purchase. Tbe latter will probablrenter upon formal preceedinjis, prove up tbeir claim* vetJivLr-lueut and foreclosure on tbe road (leaving tba county atockboUanout in ihe coM, or paying tbfm t le 20 per cent, on their aabeerip-tiooB they otlered to do in the first place), then net le^al poaaeis-flon and turn over the entire property to the KansM PaciCsCompany."The local stockholders bsve opposed the eonsolidatinn with tho

Kansas Pacific, but were unable to prevent it, as tbe Union PaatieCompany held the cootrolling interest in tbe slock.

Fraii!illn Telegrjph Company.—The anaual meetlDir waaheld at Boston. 'J he receipts for the year were I330.0W: ex-penses, §330 431; deficit, $15,770. The assets are $17^30, andliabilities, 578,118. New lines are reommended from Boaton toPortland; from Bristol, N. H., to WMls' Blver, Vt.; from Provi-dence via Fall River to New Bedford; and from Springfield vUHolyoke, Northampton, Eastbamptoo, and GreenHel I, Mass toTrovand Albany. Sidney Dillon, Jay Gould, W. J. Lvods JoUaA. Mortimer, I hos. T. Eckert, H-nrv M. Taber, Frederick L.Ames, Edwin F. Atkins, and E. H. RoUinson were choaen dlicct-ors.

Jolict & Nortliern Indiana.—Julge Blodgstt has entered adecree in the foreclosure suit, pending In the United gtateaCourt in Illinois, ..f Julius Wadsworth, trustee, and others vs.The Joliet and Northern Indiana Railroad Company and theMichigan Central Railroad Company.The court orders that tho Joliet and Northern Indiana RaiLiaad

should transfer to jhe trnatee (Wadsworth) the lease with theMichigan Ceu'ral Railroad Company, or deposit it with H. F.Eames, the Rectiver of the Joiiet Road, and also surreoilxrto theReceiver thirty-eight bond.s of the Chicago Burlington & QuincyRailroad in its possession. The Receiver Is authorized to sellthese thirty eight bonds and pay the proceeds to the bondholder*,and also collect the rents due under the lease, and make reportsfrom time to time to the ourt. The Michigan Central Boad imrequired to return to the Receiver, as landlord, pay him withiattn days $89,000, now due for the year ending Jan. 10, 187<>, andthenceforth on the lOih ol July and January allernaiely p.'iy thefuture rent in semiannual iostalmsnts. The iojunctiun hereto-fore existing to restrain the defendants from taking any steps toannul the lease, and to orevent the Michigan Central Road trompaying any rent t j the Joliet and Indiana Road, is continaed ialull force, and made permanent until the bonds are paid.

Maryland k Delaware.—The Maryland Circuit Court haagranted a decree of foreclosure and sale of this road on applick-tion of the bondholders. It is one of the roads that were to formpart of the consolidate! through line of iLe New Jersey South-ern to Baltimore and No i folk.

Sliddletown UnionTille k Water Gap.—At the aoBOklmeeting in Midaletown, N. Y., May 29, President Burt reportedthat all difficulties arising under the leare to tbe New JerseyMidland had bc«n adjusted and a settlement of accounts arraofedwith the receivers, wnich was now before the Chancellor ot NewJersey lor approval.Daring the year tbe floating debt of $8,00>') has been paid ;

about $20,000 had been paid on account of past-doe coupons, and.$8,160 more was ready tor payment to the second -mortgaf^ bond-holders on June 1. The coupons accruing during the year haT»all been paid. The rental is now punctually paid.

Minnesota Railroad Bonds.—la the case of Selah Cham^berlain against the Southern Minnesota Company, the 8c. Paal ItSioux City Company and others, recently decided in the UidtwlState.t Supreme Court, that court held, sffirming the decisioa ofthe Circuit Court, that where land is conveyed to the State by m,

corporation, as indemnity against losses on her bonds loaned to it»

the bondholders have no equity for the application of tbe laud t»the payment of the bonds which can l>e enforced against th»S'Ste, and her crrauiees take the property discharged of any claiaLof the bondholder.-*.

Mr. Chamberlain, who wad contractor for a portion of botferoads, holds $508,000 of tbe bonds of tbe Slate ot MianaMtKissued to the original companies. These companies failed and tb«liens of the State upon their roads were foreclosed, and theproperly with the laud-grants was transferred by the State to thenew corporations which built, and now own, the roads. Mr. Cha^k-beriaiu. payments of the bonds being refused by the State, browllkthe suit, lately decided, to attach a lien to the laud grants. TkmCourt has now fina'ly decided against bim, but in its opiaiaau'es the following language as to the liability of the State:"The l>ouds of the State in the hands of tbe complainaat ra-mained unpaid, and they are still unpaid. Tbe faith of the 8t&t«,solemnly pledged for the payment of both principal and interest,

has never been kept. So tar from keeping it, the State, as earlyas November, 18ti0. adopted an amendment to its constitution pro-hibiting any law which levied a lax or made other provision tor

such payment irom taking effect until tbe fame liad iKen snlmit-ted to a vote of the people, and been adopted by them. Thi*prohibition, if not a violatiou of tbe State's pledge, conflicta witkitsspiiit. Tbe bonds issued are legal obligations; tbe State l» ,bound by every consideration ot honor and good laith topaythei^ '

Were she amenable to tbe tribunals ot tbe country, aa priva^

Page 20: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

568 THE CHROTflCLR [June 10, 1876.

individuslB are, no coart of jasltee would withhold its judgmentagaiDBt her in an actieu for their enlorcement."

Hissonri Faciflc Railroad.—A deepatcli from St. Lonis, Jane6, saya: In the United States Circuit Court, to-day, a decree offoreclosure of the third mortgage bonds of the Missouri PacificBallroad was consented to, subject, however, to the rights of St.

Louis County to its claim for $700,000, and the right to a priorlien OTcr all other incumbrances. It is understood that C. K.Garrison, who represents the holders of these third mortgagebonds, has made a proposition to the County Court of St. LouieCouaty, that the holders of these bonds consent to a foreclosureof the morteace and the sale of the road, and will make over tothe county $700,000 ol the new third mortgage bonds to ecsureitB claim.

The Court had previously ordered that the receivers of the PacificBailroad are authorized, if in their judgment they think it advisa;ble, to purchase and retire such portion of the second mortgageb3nd8 on the Pacific Railroad as are required to be retired by theterms of said mortgage

;provided no certificates of indebtedness

be issued tor such purpose without further order of the Court.

Mobile & Ohio.—A plan of reorganization has been preparedby joint committees of the bondholders and the board of direc-tors, and is summed up as follows by the Bailroad Gazette:

1. Stockholders to surrender their certificates and to receivenew ones for one-half of the former amount. The other half tobe held by trustees for the purpose of voting only.

3. The present securities of the Mobile & Ohio Railroad Com-pany to be surrendered to a trust company, and held in escrow,so as 10 preserve to the owners all their present rights and pow-ers, and new securities given therefor as follows

:

3. Currency 6 per cent bonds at the rate of |lo,000 per mile onthe 472 miles of main line, $7,080,000 in all, to be divided betweenholders of first mortgage and Tennessee substitution bonds, prorata, in proportion to the mileage covered by their respectiveliens. Coupons unpaid and up to Jan. 1, 1878, to be included inthe amount to be redeemed with these bonds.

4. First preferred 7 per cent income bonds, interest non-cumu-lative, to be issued for the balance of the ;first mortgage andTennessee substitution bonds.

5. Second preferred 7 per cent income bonds, interest non-cumulative, to be issued for the second mortgage bonds andcoupons unpaid and up to March 1, 1878.

6. Third preferred 7 percent, income bonds, interest non-cumu-lative, to be issued for the convertible bonds and coupons unpaidand up to March 1, 1878, also in settlement of judgments, float-ing debt and other claims now outstanding.

7. Dividends on stock to be paid only when an equal amountis in hand and applied to the purchase and cancellation of thepreferred income bonds, in the order of their respective prioritiesThe present stock is $5,320,600 ; the total amount of funded

debt is $15,079,043.

New Jersey Town Bonds.—An act of the Legislature of NewJersey, passed in 1868, authorized the owners of two-thirds of thevalue of real estate, in any townsbip through which the Mont-clair Railroad should pass, to issue its bonds to the amount of 20per centum of the valuation of the real estate of such township.The Township of Pompton accordingly issued $100,000 in bondsto aid the railroad. These bonds were purchased by Peter Cooper,

to the Cooper Union. The bonds were due onand by him givenr - —

November 1, 1873, at the First National Bank of jTrsey'city.'butwere not paid, and hence a suit. The defence was irregularity inthe action of the commissioners in the issue of the bonds, anddefects in the consents obtained from the taxpayers and in theaffidavits of the assessors nullifying the assents.The suit was tried at great length before Judge Strong at

Trenton, and the jury, under direction of the Court, without leav.ing their seats, rendered j udgment for the nlaintiffs for the fullamount claimed.

. New Orleans Mobile & Texas.—Justice Bradley, of theSupreme Court, recently decided in the Circuit Court at NewOrleans the case of Charles Morgan vs. The New Orleans Mobile& Texas Railway Company. The suit was based upon an allegedviolation of a contract formed between Charles Morgan and theNew Orleans Mobile & Texas Railroad Company, on the 12th ofDecember, 1871.

Charles Morgan owned two steamers and a railroad betweenSew Orleans and the lake, and another from New Orleans toiirashear. He agreed to relinquish running them for fifteenyears, and to turn them over to tUe Mobile Railroad Company at« stipulated price, fixed at $797,800. This included wharvessteamers, Pontchartrain Railroad stock to the amount of 5 080hares; also the Opelousas. Mr. Morgan further agreed to s'ub-Bcribe to the stock the sum of $1,258,000 on the same terms asother subscribers, and the property before named was to be takenag payment of the subscription as far as it went. Mr. Moro-anwas to receive as security mortgage bonds and income bond.s" of

iT ''*?iS*n°nV>- ^V**,*Btipolated that Morgan should have, for

the f2o0,0(il0 cash, the levee line of the Pontchartrain Railroadand the new depot. The gross receipts of tho through businesswere to be divided ratably according to the relative length of thewulroads of complainant and defendants between New Orleans«ad lexas. The agre.ement was made in the city of New Yorkahe Judge concludes as follows :

" The conclusion I am forced to

^""^o^i'^^^^'•^'' principal contract made on the 12th of Decem-

ber 1871, between Charles Morgan and the New Orleans Mobile& lexas Railroad Company was a New York contract, governed

?S«^t'ifJ"X^and obligations by the laws and jurisprudence ofthe State of New York, and as by their laws and jurisprudence,

80 far as appears, no such dissolving consequence follows from a-non-performance of a part of the contract as is claimed in this '

case, the claim is untenable, and the relief must be refused. Asno relief can be granted on either of the grounds laid in the biUof complaint, the same must be dismissed with costs."

New York Boston & Montreal.—The New York and BostonDivision was sold under foreclosure of the first mortgaa-e inWhite Plains, N. Y., June 5. The whole amount of the bond*and accrued interest is $3,230,835, for which amount the propertywas bought in by the Farmers' Loan and Trust Company, Trusteefor account of the bondholders. This division extends froniHigh Bridge to Brewster's, about fifty miles, on some twenty-fivemiles of which track has been laid.

N. Y. City Bonds.—At an adjourned meeting of the Board ofEstimate and Apportionment, the Controller was authorized toissue $60,0C0 in bonds for the four new free baths. He was alsoempowered to issue $633,835 in bonds to pay assessments foropening streets, etc. The Mayor then called up the question ofauthorizing the issue of $1,000,000 in bonds for the Brooklya—Bridge. T. G. Ritch, counsel for the opponents of building thoJbridge at the present hight, asked one day's delay to hearargument. Henry C. Murphy, President of the Board o'f Trustee*of the Bridge, said the act of the Legislature made it mandatoryon the Board to issue the bonds on a requisition from the BridgeTrustees. This requisition was made a year ago, and expectingmoney from the city, the Trustees have gone on with their workand their obligations now amounted to about $600,000. In answer-to questions, Mr. Murphy sta.ed that the Trustees had compliedwith all the requirements of the act of Congress in regard to th»Bridge, and had the written peraiission of the Secretary of Warto go on with the construction upon the present plans. Afcersomediscussion, in which Mayor Wickham spoke in favor of theresolution, it was adopted, the Controller voting in the negative.

Portland Saco & Portsmouth.—The report of the Director*states that the future dividends are to be three per cent, semi-annually, and the Eastern is to pay all taxes. A resolution waspassed at the recent annual meeting, authorizing the issue of$500,000 in six per cent, bonds, secured by mortgage to run fortwenty years, to pay all the outstanding liabilities and to providefunds for contingencies.

Western Union Telegraph.—The followinir is the quarterly-report of the Executive Committee of the Western Union Tele-graph Comnany :

ExECtjTivE Office Western Union Tel. Co.,)New York, June 7, 1876. [

To the Directori : The Executive Committee respectfully sub-mit the following statement of the operations of the company andthe condition of Us affairs:

In the rrport presented by the committee at the last quarterlymeeting •f the Board, held March 8, 1376. the net profits fur thequarter ending March 31 (February business being partially audMarch wholly estimated) were stated at... . $720 014 i9

And the liabilities paid and accruing, for which provision had not '

then been made (iS6,387 93

Leaving a surplus of $33,626 60The official returns for the quarter (ending March 31) showed

the profits to be $788,790 75, or $08,770 22 in excess of the esti-mate. Adding this excess to the estimated surplus of $33 626 60,as above, gives $102,492 82 as the actual surplus April 1, 1876.This was what remained after providing for six months' intereston the bonded debt due May 1, and one year's appropriations forthe sinking fund and payment of all liabilities for the completionand furnishing of the new building, all of which have since beenpaid.

The net profits for the current qaarter ending Jane .30, inst., basedupon oflic al returns for April, nearly complete returns forMay, and estimatiuc the returns for June, willbe about t735,4B8 5TAdd dividend received on the shares of the luternatiODal OceanTelegraph Company, held by this company 1-2S,000 00

And surplus April 1, as aiiove 102, 40-^ 8*

Makcsatotal surplus July 1, 1676, of S9t2,891 3*Interest on the bonded debt for one quaiter (not paya-

ble till November 1. 18"B) is SIi6,5'6 90One qiiarter's proportion of sinking fund (not payable

till May 1, 18-17) is 80,O00 001.36,576 90

Deducting and setting this aside leaves $SS('),3I4 49In March last, steps were taken with the view to secure to

this company control of the lines of the Southern & At-lantic Telegraph Company, in case it should become desirable todo so. Early in May it became expedient to close the matter,which was done by purchasing a majority of the stock. A leaseof the lines has since been negotiated, the details of which havebeen substantially settled, and it is expected that possession willbe given us in a short time.The amount of the purchase is about 8200,000, which, deductedfrom the i .alance of SS5(;,314 49, ns above, leaves S526,314 4»

There have been expended for construction of Lew lines from Jan-uary 1 to May 1,18TB 32,900 60

Deducting this from balance of snrplus, as above, leaves 5393.413 69A dividend of 1;; per cent, on the capital outstanding requires. . . . J06,720 00

Deducting which leaves a balance of 5SS,693 S9

To avoid possible misapprehension, it may be stated here thatall expenditures for reconstruction and rental of leased lines arecharged to profit and loss as current expenses, and deducted fromgross receipts before profits are stated.

In view of the preceding statements, the committee recommendthe adoption by the board of the following:

Resolved, That a dividend of ly, percent, from the net earnings of the threemonths ending June 30 be, and the s.me is hereby, declared, payable on the15lh day « f July next.

lieeolved. That fcir the purpose of such dividend the stock-books be clesedat 3 o'cloclr on the afternoon of the 20lh inst , and be re-opened on the morn-ing of ihe 17th of Julj-.

Respectfully submitted, Wiujam Oktok, President.

Page 21: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

June 10, 1876,] THE CHI10NICI.E. 5B9

^ I) c^^ojiii m e r c i a I ^times.

CXJMMERClAFEPiToSBuiDAY NiOHT, June 9, 1870.

General trade has remained dull, but speculation in Ixadiog."laples hag received a new impulse from the condition and pros-pects of political affairs on the Continent, it bf^ing doubtfulwhether peace shall be maintained in Europe, or whetiior ageneral war shall break out. In mercantile circles the discussionhas been active concerninsr the probable effect of such a warupon business and values, and the course of speculation basbeenlargely influenced by conflicting views. Private advices fromEngland have jreneraDy given assurance of the maintenance ofpeace; butthey do not receive full credit with us. The weather hasbecome warm, and crop prospects are almost uniformly favorable.The speculation in hog products has been generally towards

higher prices, stimulated in part by the reduclion that has beeneffected in stocks, but more directly by the expectation of war in

Europe, and the export demand to which it may give rise. Be-sides, the summer production is not so iarge as in previous years.Mess pork to-day was quoted at $19 50 on the spot, and the clos-ing bids for future delivery, were $19 20 for July, |19 05 forAugust, $19 .'50 for September and for October. Lard has re-

' covered nearly one cent a pound from the lowest point, and. soldfreely today at $11 C3i@ll 70 for prime city and Western, withclosing bids for future delivery, $11 65 for July, $11 75 forAugust, $11 82i for September and $11 80 for October. Baconand cut meats are also rather dearer, alter some speculative trans-actions at low prices early in the week. Beef and beef hamshave been dull and drooping, but close more steady. Tallow hasbeen selling fairly at 8fc. for prime. Stearine is dull at 13(al3Jc.for prime. Butter is in large supply at 15(ro25c., as in quality.Cheese is lower at 8@llc. for new State factories. The exportsfrom New York, Nov. 1 to June 3, inclusive, for 'I years:

J875-6. 1874-6. lS7.i-4. 187J-3Pork, bWs 116,2(17 lH,(il9 160,892 Uf.imBeef, bbl8. and tea 91,8li8 ^^.^^i 8a.08I :2,4i4Lard, lb9 79,9ti6,S98 97,417,748 111,321.463 lSl,751,(mBacon, lbs 140,571,723 131,131,39ti 19i,8M,464 S5n,017.i9nButter, lbs 8,014,802 S,506,M9 l.SST.St* S.1302J2C'liceee, lbs 82,932,081 28,7)6,868 22.982,471 88,3.')8,0.)3

illow,Ibs 30,S01,t)81 24,132,868 38,54i,W6 31,26),887

Uio coffee has been moderately active, but at easier prices

;

fair to prime cargoes. l(>+@17Jc. gold ; mild grades have also sold

I slowly ; Java, mats, 20@33c. gold, and Maracaibo, LliSlSic. gold.

Stocks of Rio, 124,410 bags here, with a visible supply for theI'nited States of 238,800 bags ; Java, 130,500 mats, and otUer.rowths, 43,125 bags. Rice has been q'lite dull. Teas were dull,

ill within a day or two, when the demand became more activeand prices firmer.

Molasses, at a decline to 3.3c. for 50 test, has been more active,

four cargoes having been sold for refining, basides three cargoesof Porto Rico to the trade; stock of foreign, 7,700 hhds. Sugarscontinue to show an accumulation of stncls, and prices have beenbarely supported, at 7J@8c. for fair to prime refining, with stand-ard crushed refined at lU^c. The movement in raws has been :

Hhds. Boxes. Baj^s, Melado.Receipts past week lBfi06 4,945 8,497 881Sales past week lO.lbO 747 417 170st.ickJune 8. 1870 103,488 43,i76 227,765 8,716Slnck June II", 1875 13^,679 43,445 145,737 8.933

The business in ocean freights for the past week has not reachedthat liberal volume that was so noticeable during the previousweek. The consequence is that the grain rates, both for berth

: and charter room, are a trifle easier. Petroleum tonnage, how-Iever, is firm and, at the close, in better demand. Late engage-ments and charters were : Grain to Liverpool, by steam, 0@9id.

;

cotton, 5 IGd.; provisions, 40@503. per ton; grain, by sail, 8d;

cotton, 5-lOd; corn to London, by steam, lid.; cheese, 50s. perton

;grain, by sail, 9id.; flour, 2s. Gd.; grain to Hull, by steam,

1 lOJd; bncon, 403. per ton;grain to Glasgow, by steam, 9J@10d.;

do. to Bristol, by sail, 8fd.; flour, 3s. 6d.; grain to Cork, for' orders, Os. 3d.@G3. 9d.; do. to Cardiff, Limerick, London, andICalais, Cs. per qr.; do. to Oporto, 17c. gold per bushel ; case oil to

' the Levant, 30c. gold ; naphtha to Gottenburg, 43. 101.; crudepetroleum and naphtha to Havre, 3s. 7id. To-day, there was a

moderately fair business, though at a further slight decline for

berth room ; charters, however, remained steady. Grain to

i Liverpool, by steam, 9d.; cotton, 5 IGd.; grain, liy sail, 8d., andI cotton, 9-32d.; grain to London, by steam, lO^d ; flour l)y sail. 2s.

' 4Jd.; grain to Cork for orders, 6s. Gd.; do. to Hamburg, in ship-

pers' bags, Gs. Cd.; refined petroleum to the Baltic, 43. 6d., andcrude do. to Havre, 3a. 9d.

Naval stores have not shown any improvement ; trade hasdraggedjslowly, and figures are anything but in a healthy posi-

tion ; spirits turpentine closes at 2!)4@30c. ; common to good' strained rosin at $1 G5(ffi$l 75. In petroleum, a good busi-

ness has been done at full figures, until at the close, when there

was a falling off in the export demand;prices, however, re-

mained firm at SfccaSlc. lor crude, in bulk, and Uic. for

• refined, in bbls.

There has been a moderate demand for Kentucky tobacco, andquotations are steady at 6i@8c. lor lugs and Si'SlOc. for leaf ; the

sales for the week embraced GOO hhds., of which 400 were for ex-

port and 200 for consumption. Seed leaf has continued in fair

demand and unchanged ; the sales embrace : crop of 1873, 18

cases Ohio, at 6@7c., 120 cases New England, at 12calCc.; crop of

1873 and 1874, 85 cases Wisconsin, on private terms ; crop of

1874, 30G cases New England, at 6^@25c.; and crop of 1875. 150

cases Ohio, at 6@7c.; also, 200 cases sundry kinds, at 7(rt!30e.

Spanish tobacco has ruled a shade easier, with sales of 600 bales

Havana at 85c.@|l 15.

COTTON.Fkioat, p. M., Jane 9. 1978.

Thb Movkmbnt ov the Crop, an indicatod by our t«legrmiiisfrom the South to-night, is given below. For the week endingthis evening (June 9) the toul receipt* have reached 10,4MUlsB, agaloit 18,810 bales laat week, 10,330 bales the previoiwweek, and 10,905 bales three week* since, making the totalreceipts since tlie lit of September, 1875, 4,028,470 bales, against3,433,304 bales for the same period of 1874-5, showing an lnrr««Msince Sept. 1, 1875, of 006,176 bales. The deUiU of the receiptsfor this week (as per telegrapti) and for the corresponding weeks.of five previous years are as follows:

Receipt* this week at— 18;8. 1H7A

New Orleans

Mobile

Charleston

Port Royal, *c. ..

Savannah

Oalvefton

Indianola, AcTenneasee, Ac...t'lorlda

North Carolina.. .

.

Norfolk

City Point, 4c....

Total thUweek

Total elneeSopt. I....

4,«M

575

5fM

ISO

1,177

753

1,S64

111)

1,004

4)

1,T7»

«71

827

33

2.811

827

66

4,201

7

3.)6

3,673

41

ISU.

3,S0I

669

807

1,218

613

93

2,549

6

245

3,303

58

10,456] 13,869| 12,962

leTil.

4,479

1,964

i,e«i

3,590

B06

8,194

7

217

2.880

iSS

1871. 1871.

1,870

«7

s,tn

1,437

IM

1,188

617

W1,410

271

ts:tI,7t8

3,ais

4,aM

8,111

9S

78»

\ MM,

18,24) 10,7« »<,I38

4,028,470'.3,4J2.2»4'3,727,987 3,456 508 4.<i65.«« S,MU80

The exports for the week ending this evening reach a total of43,388 bales, of which 30,830 were to Great Briuin, 5.857 toFrance, and 0,701 to rest of the Continent, while the stocks asmade up this eveuing are now 354,.538 bales. Below are thestocks and exports for the week, and also for the correspondingweek of last season:

Week ending

Jane 9.

New Orleans*.

Mobile

Charle^tOD

Savannah

Galvestont....

New YorkNorfolk.

Other ported. .,

Total this week..

Total since Sept. 1 ll,«i2,631

Exported to

Great „„ Contl-„ ,, , FranceBritain. nont.

12,577

4,23.^

2.830

4.503

4,723

1,942

30,830

5,8^7

6,857

3,508

1,500

1,698

6,701

Total

thia

week.

21.937

5,735

2,8M

4,503

6,421

1,941

Sameweek1875.

2,3es

1,832

4,871

1,902

683

14,378

2,230

43,388 27,681

677,943 3,028.339 '2.52f.,50e

Stock

.

1876. 1876.

100,606

13,597

6.808

4,793

10,994

180,019

6.811

32,000

354,528 2M,78T

• Aew Orteant.—Oar telegram to-night from New Orleana ahowi tliat (bealda*above exports) the amount of coitoii on Rlilphoard and enK««ced tor itilpmenc attlwt port la an followe: For Liverpool, 12„V«i hale« : for flavre, si.S'0 balea; forContinent, 3,(X)0 balcH ; for coaEtwl;«e ports. 2tX) bales: whicli. ll dedarted fromthe sionl,-, would leave 75.300 balei representluK the auaatlty at the landluc aad lapresecs unsold or aw>*ltlnB orders.t rjdicealoH.—iyar Ualvcstou tcleg'-am shows (liesldes atrove exports) on ship-

hoard ai thit port, not cleared: for Liverpool, no halet ; for other rarelKa>no Iwle'; for coastwise ports, no hales; which. If deducted tram the stock.would leave remaining none.

t Hie exnorts this week under the head of "other piru" Inrlmla from Haiti

-

niore.'Hi bales to LiverpoolJ from Boston 1,5*1 bales to Liverpool; fromPhUadel-

pnla 357 bales to Liverpool.

From the foregoing statement It will be seen that, comparedwith the corresponding week of last season, there is an increOMin the exports this week of 15.707 bales, while the stocks to-nightare 91,701 bales Tnore than they were at this time a year ago.The following is our usual table "showins the movement of cottonat all the ports from Sept. 1 to June 3, the latest mail dates :

BSCEIPT8 ZZFORTED BISOa SKPT. 1 TO—Coast-wliePora.

P0HT8. Great !™..„,.|Other

Briumj*^"" forel'DTotal.

Stock.

1875. 1874.

N. Orleans. 1,370,456 970,934 717,0r7,ai'0,646ji58.91«|12W!,685 1D2.456 120,679

Mobile S(*,110 317,410 141.367 24,850. 65.136 131,353 119,3U 19,»7«

Charlesl'n* 400,201 435,803 140,115 67,326 78.670 216.441 1 10,82J 7,111

Savannah .. 608,920 51)0.571 176,810 31,04^ 157,739 364,623 183,78o 7,716

Gulvcstou*. 47.),11D 355,813 189,4:8 4,111 35,091 3S9.5-0 S3«,2H3 16,498

New York.. 191,72fi Hl,816 313,191 2,115 68,463 878,77J 181,«n

Florida IS, CSS 18,431 .... 13,033 ....

N. Carolina 101,060 90,693 24,86*1 .... 1,301 37,164 78,348 1,00s

Norfolk* .

.

461,301 400,219 106,656 1,817 108,478 364,717 »,730

Other ports ic4.roi 74,650 37,881 .... 14,030 101,911 ... 38,800

Tot. this yr. 4,018,014 1901,501^411,906 671.S42|898S,981 1263.118 asa,4t7

388.879Tot. last yr. S.40i!.425 1763,i01 3;9,317!41«..W!i'i49^B*' 1346,780

• Under the head of C*ar(«»loii la Included Port lioyal, *c.j aoder th« bead etGalventon Is Included Indlanoia, Ac.; under the head of Hor/oik u loeiadsd CityPoint, Ac.

These mail returns do not correspond precisely with the total of

the telegraphic figures, because in preparing them it is alwaysnecessary to incorporat« «verT correction made at the ivirt»

We have had a feverish and unsettlctl market 'or cotton duringthe past week, but fluctuations were not so wide as tho!>e note*,

in our last. Cotton on the spot was quoted at 1-lCc. advance on.

Saturday, with a large business for export : but on Monday this

Page 22: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

570 THE CHnONICI.E. fJun 10, 1876.

was lost, nnJ mi that and subjequent days there was only a finall

• buaineB-i for cimsuinptlon, at v^icos noiuinilly unchaaiBii. Yes-

terday, quoiiiti.jiH were reduced llOc, under unfavorable foreign' kkdvicuf, bin t >day there was a brisk export deman'l. aad the

decline of yesterday was recovered. F 'r fnture delivery, there

\vns<i buoyant opening' on :*aturday, stimulated by the cnnipari-

«ively unfavorable weather reports in tbe la-t Cnuo.sici.i;, and the

cuutinued heavy lains in the Atlantic and Gulf Stat»s, wliioli weren'l'ort^d ou ibui day to the Cotton Exchacjre. But on Mondayiher • was" ces.-'aii.m of heavy niins in the Gulf States; it Wi.s

a clo-e holiday on ihe Liverpool Exchange, so tint n'> foreign

•tlviccs were received, and the political intelligence from the Coa-tiaeot was rejriirded as threatening: prices consequently declined

rapidly: th-i advance of Saturday was more than lost. Tuesdayopened buoyantly, on the report of an armistice, but the close

Wtuflit, under the intelligence of the failure of the Atlantic

3Iill» at Liwrence, Mass., and rumors of other reverses tn domes-tic innnnfacturers. Wednesday, there was a return of gjod«-f>ather in the Atlantic Siati-s, and Liverpool oneued unexpect-

edly weak after the holidays; under these intliieucss. lutures

gave way fully ic and yesterday, the npfniuif was quite weaU,«ud tliero was a decline of 1 oSfgMG;. , under the report

that Servia had declared her independence of Tursey,with the weather most favorable for the growing crop. To-

- day, there was an advance of ^c. on the early month?, and'l-16(Sy 32e. ou the later months. Liverpool accounts wereBtrong-r, and private telegrams from New Orleans stated that iheKaiionsJ L'o'ton Exchange estimated a decrease iuacr'age of 7per cent in the Mississippi Valley and 3 per cent in the aggre-gate f jr the whole South. These estimates were not generally-«redited. but had tlieir effect.

The total sales for forward delivery for the week are lo'3,000

'ifcilaj, includtng free on board. For immediate deiivt-ry thetotal sales foot up this week 10,40! bales, iucluliug 7,ii[)J for ex-port, "j.ni for consumption, 'J3'3 for speculation, and in

transit. Of tlie above, bales were to arrive. The followingwere the cicsing quotations to day:

year Classiacallon. Up^.iuds.

Ordlnarv per lb. 8 11-16 a..6»T!«t Oidlttsry »% <a..

Good Oraiuary • 9 13-.fi^,

Strict Onod Ordinary 1 % ®.

,

Low .Mktilling 11 1-10 m,.,-Strti;!. Low llladllng illji ®.,-'Middling- 'l2 (a..<Oood.\IiddIins \U!4 A-• srrtct i;."jd Middi ug ha

rllddliin; Fair J13x'jfdJr

S 9-lC

9 13-;(

1"?«11 S-16UK12X1 ;«

13>i'

l-<>i

.? 9-

9X10 1-

10J(11 5-

Wi.

m14«

16 @ .

(«..10 a..

@..16 ®.,

(at-.

10 ®..

10 &'.'.

lu..18 a..

®..16®..

G-oofl OrfllnarrCtrict Guod Ordinary.

.

«%\ Low Middling I'iigxllllddllng lljj

'Below w-^ give the sales of spot and transit cotton ani price of''Uplands at this market each day of the past week :

».tLKH. I'r.lCir-.

Kew Con- Sncc- Tran-1 Good

,Low ( Mia-

Clafisillcattou. Exp't.

4,SO0

sump. ula'u sit. Total. 1 Ord'ry Ord'ry. JllUl'g.} dllug.

Saturday KiS 4,553 9 10MoTidiiy 246 25 271 8 9-16 9 15--6 11 1-115 12Toi?sd:iy ... .

Wednesday514 29 543 8 9-16 9 15-16 1- 1-16 12168 763 8 9-.8 9 15-16

Thorsiiay 1.0OI) 867 4rt 1.795

a 9-169'-i 11 11 15-16

•irHay 1,910

7..S00

108 4)U .... 2,463

10,41(3

9 13-16 11 1-16 12

Total 2,171 1 932 .... ' ..

WeUverei on contract, during the week. 11.700 bales.

VoT forward delivery the sales (including . free on board)''have reached during the week 132,0jj bales (all middling or on't!iB bigis of middltug), and the following is a statement of the-Eiiles and prices

:

tJales.1 400..

."iOU.

.

2m .

KO '.

"SOI .

•am..

PtB.

,.ii \9-ai

, U 21-3-:

.11 2-82

... .lis,.U 2'-32

.1! ;3-lo

ll» u.'> ;)0t.

tillith.r. v7.Ti

«W 11 27-32-»^ja \:i4

too 11 29-32

•WtJl. 7tll..lU:-:6•ilOIP 12«« 12 1.';

miJ8.n.7i.h .11 3 3;

_

-7ai. UKe,«m cotal .tune.

Forl^OU ...

a.ieo....

.1 sm . .

.

•J.MIs.coo ...

:2.KH .

1.«<«ao.)....

-a.sui..i.aiu..

atat..... ae ...

JUXW...sen...

IJM...J4W -

July,....11 21-3!

...11 11- 6

... 11 2J32lUi

...11 13-16

. ,,1U7->12liX

...U rt-8.

...II 15-lS

...It 31-32!2

....12 1-32

12 1-16

i2 3-3a

--- ...)2>512 5-3i12 S-16127-32

12),

SijaaU total July.

ForIniles.

a«0...l.ioc...

J,30U...

1.50J...4,*«1 ..

I.ICO,..3,6li,i...

4,|J00...

9,990...,

4. 00 ..

3.5)0...,

600...8.O....5'JO. .

.

1,600,..

2,4911...

2t00...l.'OO...

'.800...1,'UO ..

l,SO. .

Ac gust.cts.

....11 21-S2

... 1'. 25-32

....11 1S16

..,.11 27-32

11 !<

...11 29-3!....11 15-18

....v. 31-3;

1212 ;-32

12 M6li3-32

ia<<12 5-52

12 3H12 7-32

12«12 ^-32

12 5-16

....12 11-32

i.m

S3.6UO total Aug.

Kor September,j

l.roo 115^ I

500 11 15-32I

900 11 l,i.i6

..11 27-32I

. . .I.U.!..11 ,9-32 I

..U I.5-I6I

- i: 31-32I

a.JOO 1250(1 12 1-32200 la i-162* i2.3-;a200 12>^ I

700 12 5bl100 12 7-32too IJJ,

I

bales. cn.2W 12 9-!2

t.tOJ IJ 3-16

15,-OJ total Sept.

For October.lOO...

2.01 >0...

700,.2.;oo ..

7U0,..

100...100...400...609. .

.

20-1...

100...100...

,.:i 19-32

11J»,...11 2;-32

....11 2.3-32

11^....U i3-:«...,11 13-16

r.H,...112,W2....11 31-32

12

12 7-32

7,200 total Oct.

For November.2t«),

200,.200 .

600,.3.001,.

1.100..

TOO..SIX)

200,.60J..,

2,20J.3,«»..,800

,

3211 9-lB

-.11 19-32

i'%II 21-3i

....11 ii-te

....11 23-32, -. 11^-00 n 25-3;300 11 I3-:6iOO 11 13-16400 1131-32

S.IOO total Xov.For December..00 11 ia-32400 11 n-Si

IMO 11 11-16'fw ;i a-si70 llv200 11 .3-H

bales,600,.

400.

Ct'...11 3I-:;2

3,i01) total Dec.

For Jauuary.20..'.. - -SOO,.

600,

.

•00.

.

390..ll'O..

200 .

200,.

500,.

n 23 ,«IP.

...11 2V3;

...11 13,6l.X

. .11 29-3:

... \l 1-3;

....12 3-32

3,200 total Jan.

For February.60i! 1. -a-si-00 u 2;-:«200 l;j,'SOO 1-j :.;;430 . US-il

!,;0J totnl Feb.For March.

lOO ;.. li^''or April

12 7-3VIOO,,300 ,

600,, ...12

1,000 total Anrn.For May.

2V

SCO total May.

The following will show spot quotations and the closing prices-!6ld for futures at the several dates named

:

M*OTFn."

• iQepot i;

'LISO npi.k.vos—AMSRICAK OLASSIFinATION.

I'lne ,

laly\lHn8tSe;>temberi»:toberKnve'iiber. .,

t)uceinhti»J>iU "»ry ..

i-eOru iry .. ..

.M'lri:

A;iillJUvI4..id

>C ... !(,-<?» ,, ..

sales spot-Hlet* I'tturft...

12U SK212 ,1-l«

ua11 i3-'a11 2:-i.!

11 ^^)211 15- S

12 :j-;6

'-'»«

' 63,399:-o3

12 i-lH

11 :n-!i1! '-212 r-uI'K11 i5-:6

11 2r- ;

11 .7-2•1 M-i!1 ! 'r-il

i;,l.Ui,-6

4,5-.3

Moil.121' 27-33It L'-llM l-i«12

U J.-",!

11 25-1211 J'^i12 i-j;12 5-12•.1 -:212 7-16

Tnes.u11 2:-J211 ir-tB12 1-1212

u r.-annl: 25-3!11 29-12IS 1-1612 3- 16

12 11 -32

12)411 2<1,116

M39.4111 2i.491l

' Tlinso figures ore from the official circular of he Xcv/ York Cotton ExoUan'l slio V a oniarkabli- dlser pancy from the report on Saturdnv of iin advan)i®3- 16c ; June sold at 12i<c,. JuyatlS 7- 2c.. Augu-t at lai^c , Sentembi12.1- 6c., October at I2u., Novcinbcr at U 3; 32c., Oecu.i.berat 2c., January at rj"April at 2HC., i-ad May at 12 19-3;c., bat these figures represent the bids at li

final close.

The VrsiBLE Supply of Oottox, as mide up by cable andtelegraph, is as followrt. The onrineutal stocks are the tiuuresot hist Satui-day, but the totals fir iJreat Britain and the afloatlor the (Jontiueiit are this week'.a return,^, and consequentlybrought down ro Thurcdav t veiiiiiir; h^nce, to miike the total.s thecomplete 8iiures for to niglit (June !):. we add the i: em of exportsfr.-iiu the United States," including in it the exports of Fridayonly:

!8T6, 1875. 1874. 1S73.

Stock at Liverpool I,OID,000 1,002,000 933 000 613,n

Stock at London 51,;o0 :08,7j0 13J,5C0 173.0

:o

Total Great Britair. stock

Stock at Ilavre

Stock at Marseilles 8 000

Stock at Barcelona S9.73D

Stock at Hamburg ].").,50J

Stock at Bremen -'"fi.OO

Stock at Amsterdam C!,,5C0

Stock at Rotterdam 15.500

Stock at Anfserp 17,5f

Stock at other continental port-.. 2?, 250

in!,-i,50 1,103,750 l.O-O.f.OO l,n!3,li

131,030 144,500 I»,6

8,500 1,1750 18,000

83,550 7.J,000 5'l,5:0

1:3,750 2-J.OCO S9,00(,

43.000 42.0)0 57.5:0

43,250 8'),0CO 91,0C0

10,000 so.ooo 37,000

4,25] 13,750 3i,00C

13,000 46.000 83,000

Total co:itinental ports 43-3, 7oO 370,0i;0

Total European stocks 1,537,000 1.478,750

India cotton afloat for Europe SiO.QfM S60,00.>

American cotton afloat for Europe 211,003 215,000

Egypt, BraEil,&c.,afloat for E"ra;)e S,3,CO0 C5.000

Stock In United States norts iJ54.5!8 202,767

Stock in U. S. interior ports 50,947 23,717

United States exports to-day 8,000 2,000

474,000

1.503,500

697,000

263,000

19,000

273,331

61,817

1,000

56'),30;i

l,63:l,5Co

4SS.fl00

333,000

6?,03C

2^i7,5IS

50,80n

6,010

Total visible supply. ..bales.2,;59,475 2,tt3!,23l 2,904,0:8 2,747,Of the above, the totals ot American and other descriptions are as fotlojArntrtcatt—

Liverpool sfck (114,000 fO3,n00 6-23.000

Continental stocks 317.0011 lOil.uUO ;;0l,000American adoat to Europe 214,000 213,COO 2i)'.i.l'O0

Ui-ited States stock 36i..'2S 2e2.7d? 273 331n-ited States interior stotks 50,947 28,717 , 61 1S«United States expoi ts to-day 8,OjO 2,JO0 l.i.-OO

Total American

,

Bast Indian, Brazil, dU.—Liverpool stock 43),000London stock 81. '231

Continental stocks 13(5 75 J

India attoat for Europe SiiJ.uuO

Egypt, Brazil, &c.,adoat 23,000

Total East India, &c 971.0

Total American I,;8j,473

.bales.l,558,4T5 1,3JS,431 1,4^1,313 1,215,1

402,.ifl0

10O.76118 '.O.i'l

6a9,iXI0

« 5,000

1,322,760

1,32S,4S4

430.0001S-..5 «l?'.i0Jt);l7.O;;0

4j,00U

1.432,600

1,421,513

1,.V32 600

1,215.3li

Total visible supply hales 2,533,475

Price Middling Uplands, Liverp^l. bd.

2.C5I,334 2.90) 013 2.717, «437,'id. SH&'H'i. 8,'i(S9i>.

Tliese figures indicate a dj,^reaS3 in the cotton in sight to-nightof 91,759 bales as compared with the same date of 1875, Bdecrease of 31-1,543 bales as compared with the correspondinedate of 1874, and a dscreise of 18i,36S bales as compareawith 1873.

At the Intekioti Pouts the movement—that is the receiptg

and shipments for the weelv and stock to-niglit, and for thecorresponding week of 1875—is set oat in detail in the followingstatement

:

Weekeadini June 11, 1875

Augusta. GaColumbus, Gil

Macon, GiMontgomery, Ala .

.

Selma, Al-i

Memphis, TeiinNashville, Tenn,..

Total, old ports

Dalliii", Texa"Jeft'erfon, Texas . .

.

Shreveport. LaVicksD'o;, MissColumbus, Mis".,.Eufaula. Ala. (u-f ..

Griflin, GaAtlanta. GaRome, GaCnarlotte, N.C., ..

,

St. Louis, MoCincinnati, O

Total, new portt-

Total, all

Week endinsr June 9, I87o.

Receipts. Shipiiieuts,

175,14)

2i09157

1,115 1

19

1,7-33

438

E83339

5506U5

1755«

l,0ti8

1,720

4 433

9832ti9

3 8

4954C5

2,90314-2

Kyn

9031731

iffi

10815

1,1091,182

Stock,

3,' 03!,054

1,938-',87(i

1,4:11

32, ISO

2,303

5J,947

403628

1.013i,2.57:6

1,100214

2,3882,3 i

501f.iai

1B,030

4,003 SI, (83

:95 ! ,'2,309

Receipts. Shipments, Stock.

4104i5531

574 9

183

1,2J3

15

2908S

"23

'29

3770

8111,433

1,497

1,321047ISO1,57

3,53;896

2,334 1

i,380

33728J

"bs23309

1,52

9701,519

3,483

3,593 I 11,803

4,917

2,5«2,41)0

1,M1634

n,24ii

23,71

;

981

3!B

I8J

S6;!

7S2

C761.293

4.D1I

t>,4S3

16,0%

44,739

The above totals show that the old interior stocks haredecreased during the week 3,839 bales, and are to-night 23,230

Page 23: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

June 10, 1876.] THE CHRONICLFx 571

i

alea more ihan at the same period last year. The receipts atinie towns have been 493 bales mori than the same week last

BOSfBAT Shipmbnts—Accordinir to ourcable despatch received>Kla7, there have oeen S.j.OOO Imlea shipped from Bombay to (Ireal

ritain the past weeli, and 19.000 bales to the CoiitlDnnt ; whilt-

le receipts ai Bombay durit.it this weeli have been 4'.).000 bales,

he movement since the lut of January is as toUows. These arele flgates of W. Nicol & Co., of Bombay, and are broughtown to Thursday, June 8 :

.—8)itpmdiiTs thlt week-«Great Con-Britain. Maent. Totm.

. as.lllH) 1(1,000 41,0r0

. i^ooo :7,ooo .'js.wn

. 3\000 19,000 5I,UU)

--SlilpiTientB^lDce JaD.l-^(»r- «l ccifBrrain. Muenl. Total.•IJS.flO 274 010 TOJ.Ot'c)

(M^iXH) .1:4000 l,li;'J.WIO

litiiiWd :;i;,'iOO !i».s.COO

.—Recelptf.—-

.

Tnia KincrW'ek. .laii. I.

W.OJO WI.OCUMiuKi i.iri.onoss.ooii i,.ii:,oa)

78.

;t9.

174.

From the foregoing it would appear that, compared with last

ear, there is an increase ot 9,(«J0 bales thi.s year in tlie week'sbipmcuts from Bombay to Euroue, and that tlie total movemrntluce Jauuary 1 Bhowa a decrease in sliipmenta of 817,00l) balesompared witn the oorrespoudiug period of 1875.

WK.\TnER Keportsby TELFGKArn.— Almofit uniformly favor-ble weather is reported this week. The rainy districts" of Instreek liave had very little rain and higher temperature; muclilepded showers have visited other sections ; so that altogi-ther11.

• plant is making satisfactor.v progress, with penerallv clearirUl!,-. hi Texas the fine wem her lias forced cotton (orwnnl sonpidly tliat it has already nearly made up for the late planting.(jaivei-ton. Texas.—There w:i» a sprii.kle here one day tliis

reek, the rainfall reachiu<' two hundredths of an inch. Thehermomuter has averaged 81, the extremes being 73 and 91.'lie crop is developing promisingly, the extremely favorablereather tending to retrieve the lateness of planting.Indianola, Texas.—The railroad has stopped running for the

eason. so there are no receipts. On one day this week we had a;ood ehower, and another is desirable. The rainfall for the weeks thirteen hundredths of an inch. The average thermometer is 80,he hiirliest 90 and the lowest 72. <."rop accounts are moreuvorable.

Coraicjiim, Texas.—We have had delightful showers on two.;i\s this week, and the indications are th.at they extended over avide surface. The rainfall is thirty four hundredths of an indi.rUe average thermometer is 70, the highest 9-1 and the lowest 58.Che crop is developing promisingly.Dallas. Texas.—There was a light shower on one day this week,

.lie rainfall reaching four huodredths of an inch. A little moreIvould have been welcome. Crops are doing about as well as

=!!ible. The wheat harvest is progressing. Average thermometerhighest 90 and lowest 54.

-Veto Orleans. Louisiana.— There have been two rainy days thisiveek, the rainfall reaching eighty hundredths of an ii:ch" Thehermometer has averaged 77.

Shreveport, Louisiana.—Tliere were lively showers here onNiturdxy and Sunday mornings last, the rainfall reaching one

U and sixty four hundredths. Average thermometer duringweek 77, highest 91 and lowest 01. All kinds of crops are

iiig finely, oats and corn in particular doing better than at any;::ie since the war.Vicksburg, Mississippi.—There has been rain here on one day

Ills week, the raintall reaching twelve hundredtbs of an inch.riic thermometer has averaged 75, the highest being 89 and the-west 03.

t'ulumbus Mississippi.—During this week the days h^ve been.varin, but the uii;hts cold. The thermometer has averaged 75,-lu- highest being 81 and the lowest G9.

Little Kock. Arkansas.—We had quite a rain and thunder-;i nil on List Friday nigbi, and it is being repeated now. In the111' autime the weatber has been fair and pleasant. Crop reportsir.iin all jinris nf the State are very favorable. Average tlier-

iii"ineter 74. highest 89 and lowest 57. The rainfall is two inches:u.\ thirty-three hundredths.XashvUle, Tennessee.—There was rain here one day this week,

ibe rainfall reaching forty-two hundredths of an inoli. Theitbcrmometer has ranged from 64 to 82, averaging 73. The croplis developing promisingly.I Memphis, Temiessee.—Dating this week the days have beenwarm, tut the nights have been cold. There has been one rainyday, the rainfall reaching fifteen hundredtbs of an inch. Thethermometer has averaged 73, ranging from 85 to 56. The cropis developing promisingly.Mobile. Alabama.—Kain fell the early part of the week on one

day, to the extent of eij;htytwo hundredths of an inch; but thelatter part has been clear and pleasant. The average thermometerlis 78, the highest 92 and the lowest 03. Crop accounts are morefavorable. Good progress is being made in clearing the tielda ofweeds.

Montgomery, Alabama.—There was rain on two days, to theextent of ninety hundredtlis of an inch. The thermometer hasaverageU 77, the highest, being 90 and the lowest 61. Our last

week's report of the rainfall was incorrect. It should have been—for the week, two and seventy-five liundredths, and lor the

month, six and fifty-five hundredths inches.

Helma, Alabama.—We liave had two light rains this week, therainfall reaching sixty-six hundredths of an inch. The ther-

mometer has averaged 70.

Madiion. Florida.—Telegram not received.

Macon, Oeofffia.—There has been rain on two days this week.The fields are clear of weeds, and tlie crop is developing promis-

ingly Average thermometer for the week 71, highest 88 andlowest 63. The rainfall during the month of May was one inchand eighty five hundredthf.Atuxnla, Georgia.—On thres days the early part of the week.

there were showers, the rainfall reochinf; an ajrgregaie of oooincli. The latter pan of the week has been clear and pb-a^niit.The thfrmonieter has averaged 76, the highest being £ti an 1 tlu*lowest (i3. The fields «r« clear of weeds.

Columtnti, Ueorgvn.— It rained Keverely ooe day thhi week, \mtt>the rest of the week has been pleasant. The thermometer ba*.averaged 77, the highest being 84 and the ti>w»<t 06.

Savannah, Geori/ia.—llain has fallen on three days this week,to the extent of thirty-four hundr-dllis of an Inrli. Tint rc/>t ofthe week liaa been pleasant. Wages will be lower this yetir. iuKi>there will be more corn and less cotton planted this year iImuv.last. Crop accounts are more favorable, and g'lo.l ]>rogress is Im.ing made in clearing the fields of weeds. Average thurmomeMr-79, highest 90 and lowest 6.5.

Av;/u»ta, Ueort/ui—The weather his l>Ben pleasant the lAtB»-pin of the week, but Ir rained three days the eitrly i«irt, tt*-.-bowers being heavy and general in this section, and the ratufiUkreaching tlireo and two hundredths laches. The rain whs tvi^liosieHcial to the crops. The cfltton plant looks strong nmfi^healthy, and crop accounts are more favorable. Average ther-mometer 70, highest 8^ and lowest 62.

Charleston, South Carolina.—One dny of the week wok show-cry, the rainf.ill reaching forty six hundredths ol an inch. 'ITu*.average ihermoiueii-r is 78, the liiglie.<i 8-i and the lowest (jl.

The following statement we have also received oy leirgrapitHliowinjf the height o( the rivers at the points named at 3 oVlodlr.Juue 8. We give last year's figures (Juoh 11.1873) for mmparinrjo.

.

/—lane 8, '7S-. >-Jttn« 11, 'TV—

.

Fiel. Inch. Jfe-l. Jure.Nfw Orleans.. Below high-water mark :) 5 SIMemphis Abiivo low-water mark 1.1 10 ]i) KNashville. ... ..M>oVBlow.wat<i\ mark 18 Mlsfliia.Sbreveiwirt. ...Above low-waier niaric 15 4 Mltiiu;.Vickitbarz... . Above low-water mark *i 1 a (f.New Orleans reported below high-water mark of 1S71 uaiiL.

Sept. 9, 1874, when the zero of gauge was changed to higl»-wale;-«mark of April 15 and 10, 1874, which is 6-lOihs of a toot aborai^1871. or 16 feet shove low-water mark at that point.

Mo.NTHl.Y MovEMBST OP CROP.—Below we give onr MtXm-ment of the monthly movement of the crop, brought forward tO'June 1

:

**

XONTaLT XOVEXSNT OP CBOP.

Monthlj necetpts.

September

.

October.. ..

NovemberDecember .

.

Total to Jan. 1

.

January

Total to Feb. 1.

Febriisry

Total to March f.

March

Total to April 1....

April

Year Uglnnitm StpUmber 1.

1875.I

iG3,o;;j

eio.-iie

740.1161

«i,itt|

18T4.

134.3:6

586,96''

676,495

759,036

1873.

115,2551

S5.\»»

576,108

811,668

18:8.

181,744

444.a'3

53' ',153

521.975

i,»40 6S6

6.37,00;

'.t,106,6:5

444.0Si

a,977,75S

47St,80:

3,457.554

300,12?

•J,550,7Sr

381.3X1

3,931.051

551,133

Total to May 1.

May

Total to Jnnc 1

.

3,737,682 3,185,484

ItW.tftjl 183.599

3,9-21,2751 3,S19.(i82

92,«00| 81,780

3,M9,994

li7,S4li

4.013,875>3.401.8fSi3,677.2l0

82,073

3-29.449

4«1,S»

5J0.274

1,658..3I9 1,6-«.8T5! 1,893,805

1871.

703,16?

3.04-3,i06

332,708

569,4301 492,216

2,253,805 1,885,551

462,55ii 346.594

2,715,857 X.S32, 145

809,307 1 «I8.048

3,S7!,9<ie 3,0i},lH4,2,<IO.8»

:r3.9))6

Tear's port receipts.

Overland

youthera consump .

.

Tear's total crop..... Is.SSJ.S-jl

Per c nt of total port receipt!

received to Jan. 1

Per ci-nt of total port receipts

received to Feb. 1

Per cent of total port reci iptf

to March 1

Per cent of total port receipt-

to April 1

Per sent of total port recelpt^

to May 1

Per cent of total port reccliiii'

to-Jnne 1

crop

8,497.169 !J.8H4,»(I

20->.ai9 •«-,572

130.481. I28..5'26

118,3;»| 135,«T;

3,2l4.0i3:2,5;n.au.>

173,6*5 1 77,^6

3.417.7'i«2,651.07i

3,«I,34tlli,7J2.'«ii

lll,.',on! 1-W,0«.'

1.3T,6'i2: 120,.*

1870.

l'it,S!7

>55.om-

514,IM6'U,>>:|

i,S48;i:tft

«274n

61*1Jgl^

3,$S4.7»

4ii!,I0T

3,4lil,M3«

-i7'>.5i8

3.5M,srr1 93.mo

a.'isi.gtr'

4.1.V,1S4.

228,ll!&

9I,>M»

crop re-

Per cent of total

ceived to Jan. 1 .

.

Per cent of total

ceived to Feb. 1..

Per cent of total crop re-

ceived to March 1

Per cent of total crop received

to April 1

Per cent of total crop received

to May 1

Per cent of total crop received

to Juae 1

Half the port receipts received

On which day receipts were... .

Half the total crop received..

On which day receipts were 1

88 Til

Dec 15. .

1,715,rv')0 1,909,158

Dec. 42. 1 Jan. 11.

1.916.767l«.n8l.ll5

80-95I

80-23 S9 tO

Jan. 8. !Dcc.%). Jan. U.^I,823,535i 1 ,373.7S4t2.VI>,«01

Jan. 16. I Jan. ». {jan M.1 .978.16II 1 .4l«.8rn 9.IW».t»S

Up to Jui.e iHt the receipts at the ports this year showrd an.excecg of 613013 bales over the previous season, while thf- over-r

laud movement wa» at the same time probably about 60,000 bslewv.

larger, so that, with no increase after June 1st, this crop would^reach about 4 )03,000 bales.

Page 24: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

5V2 THE CHRONICLE. [June 10, 1876.

Our Acrkaoe Kepoht.—We Bliall be delayed until two weeks

from today in the publication of our acreage report. Tbis ia

owing to the very extensive correspondence we have been under-

taken this year, which promises to result in an amount of infor-

mation on this subject never before gathered. One point in par-

ticular we have sought to determine, and that is the exact planting

and yield per acre in each county of tlie South the last two years.

If this can be reached, and the increased or decreased planting in

evcrv county for this year be determined, we shall secure an un-

usual degree of accuracy in our result; for it is not simply the

aggregate acreage in the United States that determines the crop;

it is of far more importance to know, in seeking to reach a correct

conclusion, whether acres that easily produce 500 lbs. have been

substituted for those which, with difliculty, produce 90 lbs., or

nee versa, and just to what extent this has been done. With re-

gard to the result of previous crops, we began collecting our in-

formation several months isince, and our returns have been very

eatisfiictory and gratifying. If we succeed aa fully in our efforts

as we now anticipate, we shall have the satisfaction of knowingthat we have taken another element of uncertainty out of this

•crop question.

Weekly Kkceipts of Cotton.—Below we give a table

showing the receipts of cotton each week at all the ports of the

United Slates for several seasons, indicating, also, the total

crop each year. Our fisures are given in thousands of bales.

Date.

Bept.

^Oct.

«0T,

Dec.

8...

•10..

17...

24...

1...

8...

«...

ii...

2i»...

5...

18 .

19...

lsr5-7t). 1IJT4-75. 18;3-T4. 1073-73. 1871-72.1 187U-71.

^ a ^ Sa

Jan.

Feb.

10..

17..

S4..

31..

7..

14..

21..

28.,

4.,

" 11.,

" 18.

" 25.,

.Uarch 3.,

'• 10.,

" 17.

" 24.

" SI.

7.

14.

21.

28.

5.

12.

19.

&prU

•May

"Jane 2.

16.

23.

Joly

hug.

4

19

37

47—107

80

103

133

147

171—639

175

150

:86

18J-694

188

173

194

197

187—909

138

162

142

152-594

131

119

111

110-471

86

73

60—852

56

42

31

30—159

26

26

SO

16—83

14

11

7....

14...

21....

28....

4" 11•• 18

" 31

Corrections*...

Total at ports..

Overland

Cons'm'dSontb

Total rrnn. .

.

6

15

28

46—9559

97

121

128

150—555

143

160

158

166-627

176

181

188

165

147-857

82

96

102

116—896

108

104

97

78—387

77

63

52

48

39—279

41

88

22

22-123

22

20

19

18-7312

14

13

10

6-

7

4

^ a ^ a

55

8- 17

2

6— 12

15

3,497

205

131

3.8,13

9

13

24

41- 87

53

46

79

101

108-387

128

124

134

124—tlD170

173

196

215

176-930

142

154

159

171-626

146

131

116

106-499

95

82

67

64

60—368

50

40

32

30— 1B2

24

26

23

22- 95

17

13

13

13

12— 68

9

10

6

5—305

4

6

7—2230

14

30

51

64—159

I*

^

^ a

3,804

129

4.171

98

113

120—492

134

111

119

134—49S

134

126

125

103

105-593

1.33

136

136

115—620

126

122

lOB

105—462

74

66

4S—84849

56

43

48-199

44

41

34

31-160

25

18

80

18

9- 90

15

14

13

13- 66

11

11

11

10- 43

47

8,651

141

138

3.9.30

12

20—4234

46

64

83

94-321

97

106

101

105—408

122

10«

121

l.^O

127—606

111

95

119

121—440

93

86

89

77—3*6

74

50

50

40

41—266

37

36

39

27-139

20

18

16

13—6'

14

12

13

10

7— 56

5

4

3

8— 15

3

2

3

12-2012

2,732

122

120

8.974

5

11

18

88-7255

69

76

82

85-367

107

132

12«

119-180

141

163

156

130

125—706

110

132

147

151—570

155

161

142

137—596

127

137

108

83

72-621

70

65

63

57-265

63

48

46

42-189

37

28

24 -

24

19-132

19

16

U11-5711

10

8

1&-4445

estimates; and that, therefore, the wish is father to the thoughtNothincT would be pleaaanter than to see cotton go up ti

7i@7 11-lOd., but we would advise our readers not to bujfutures on that expectation, for unless our crop meets with die

aster, we can discover no reason for anticipating sucli rates. Th(Guardian states tUat these estimates have been compiled by meilof great experience in the trade, and represent its varioabranches—merchants, brokers, exporters, and importers-

were made up entirely independently of each other.

EstimatesJOT 1876.

Ont. Two. Thru.

Stock In Liver-

pool, May 18... 1,00:.120 1,001,120,' 1,00 ,1J0 ,00 ,120l 1,001,120 l,00;,-20tl,C0','2D|

Great Btitain, May 19 to Sept. 2i—nay ninetien wteks.

Four. Five.

4,032

229

91

4.362

Receipts of—AmericanKast Indian, &c.Other Horta

Total Bui'ply....

Takings—Trade, per weekKxport, per w'k.

Denver's, 19 w'ks

Stock, Sept, 29

AtSea.Sept.'ia-

Kast India

American.. .

Middling Up. onspot. Sept 29. ..

• Maats np on coant of atocka, ac,

MOVE.MENT OF CoTTON IS LIVERPOOL,—We find in the Man-chester Guardian the followina: estimates of the probablemovement of cotton in Liverpool from 19th May to the 29th ofSeptember, 1870. The first line, it will be seen, gives the stockat Liverpool, May 18 (1,001,120 bales), and the last line the an-ticipated prices, Sept. 89. One is almost induced to believe thatthere is some connection between the ownership of the presentLiverpool stock and the anticipated prices given in these

4S>DC0 360,000 438,880

867,000 290.000 245,000

100,000 150,000 165,000

1,800,120 !,80;,120 1,850,000

58,000 58,000 58,'iOO

7,000 6,000 7,000

1,235,000 1,2:6 000 1,244,500

625,120 535,120 005,500

197,000 200,000 218,000

20,000 30,000 18,000

7>i '% 13-!C

432,109, 425,560

234,58'| 270,000

132,214 195,000

l,800,000'l,891,OSO

60,500

8.500

)I,8l!,000

489,000

ig3.00,J

57,000

9,250

1,^53.750

632,93J

235,000

25,COO

302,000,

In examining the American portion of the above, our readei

should remember that on 18th of May the American afloat fo

Liverpool was 303,000 bales, and the stock at our outports

4.58,325 bales, and the amount likely to be received at the port

from May 18 to Sept. 1, about 180,000 bales, or a total of aboui

840,000 bales. Out of this, we should allow for England ai

least .^50,000 bales more than the highest estimate of Americangiven above. It was not our purpose, however, to criticise tht

various items in these estimates, but simply to warn our reader)

against acting on the supposition that the prices named are to fc

reached ; for certainly we have no good reason for expectin'j

them to be, in any event other than that we have mentioned-a disaster to our crop.

Gunny Bags, Bagging, &c.—Bagging has ruled quiet durint

the week past, and the enquiry is of no importance. The sale

making are only of small parcels; Holders are asking forme:

figures, but values are entirely nominal in the absence of an]

trade. Bales are quiet and unclianged at 9(a9ic. for India

Bags are nominal. Jute butts are ruling quiet, and we hear oi

no sales of moment making. Pricen are unchanged, and at th(

close holders are asking 3ic. cash and 3c. time. Lots to arrg

are dull at previous figures.

Liverpool, June 9—3:30 P. M.—By Cable from LitPOOL.—Estimated sales of the. day were 10,000 bales, of wb2,000 bales were for export and speculation. Of to-day's safl

7,200 bales were American. The weekly movement is gi«Was tollows :

May 19.

Sales of the week bales. 60.00UForwarded 8.000Sales American ' .34,000

of which exporters took 6,000of Mhich specatatorB took 3.000

Total Block 1 ,001,000of which American 508.000

Total Import of the week 4'.),nO0

of which American 22,000Actual export.. 4,000Amonnl afloat 365.000

of which American lOi.OOO

The followlEK table will show the daily closlnt^ pncea of cotton for the week:Spot. Satnr. Jlon. Taea. Wednes. Thurs. Fn.

Mid. Orl'n". ..@6 irnlirlnv. •-®'' •-®'' ®''Mid. Upl'dB. ..ao 3-16

iiouaay.._ ^g g ,g _ ^^ j_jg _ ^^^

Futures.Satcrdat.—June delivery. Uplands, Low Mid. clan?e, 5 29-32(t&'.6-16d.

June-July dcHIvery, Uplands, regular contract. 5 l,J-16d.

July-AUK. delivery, Uplands, Low Mid. cl tuse. Od.

Sept.-Oct. delivery. Uplands, Low Mid. clause, fl .'j-32d.

Sept.-Oct, delivery. Uplands, Low Mid. clause, 6 3-16d.Monday.— No r-^port—Whitsuntide Holiday.TuEBDAT.—No rvDort-Whitsuntide Holiday.Wbdnkbdat.—Auff.-Sepi. delivery, Ujdands, Low Mid. cIou?e, 6 l-16d.

June-July delivery, Uplands, Low Mid. clause, 5 29--32d.

Sept.-Oct. delivery. Uplands, Low Mid. clause. 6 5-32o.July-Aug. delivery, Uplands, Low Mid. clause. 6d.

Thdrsdat.—Jnne delivery. Uplands, Low Mid. clause. 6Jid.Sept.-Oct. delivery.Uplande, Low Mid clause. 6>»u.

June-July deli very, Uplands, Low Mid. clause, 5Ji®27-3!d.July-Aug. delivery, Uplands, Low Mid. clause. 5 15-lOd.

August eUipment, lIplaBUs. Low Mid. clause, by 8> il, 6 l-32d.July-Aug. delivery, Uplands. Low Mid. clause, 5 29-32d.Aug-Sept. delivery. Uplands, Low Mid. clause, 6d.

Sept. -Oct., delivery. Uplands, Low Mid. clause, 6 l-16d.

June-July dellverjr, Orleans, Low Mid. claase, .^%d.

Pbidat.—June-July delivery. Uplands, Low Mid. clause, 6^d.Aug.-bept. delivery. Uplands, Low Mid. clause. 6d.

Pept.-Oct. delivery. Upland^, Low Mid. clause, 6 l-16d.June delivery, Uplands, Lew Mid. clause. 5 29-3'2d.

Jnly-Aug. delivery. Uplands, Low Mid. clause, 5 I5-lfii.

Aug.-Sept. delivery. Uplands, Low Mid. clause, 6 l-32d.8epr.-0ct. delivery. Uplands, Low Mid. clause. 6 3-32d.

July-Aug delivery. Uplands, Low Mid. clause, 6d.Aug.-Sept. delivery. Uplands, Low Mid. clause, 6 l-16d.Sept.-Oct. delivery, Uplands, Low Mid. clause, 6>id.

The Expokts of Cotton from New York, this week, show an

increase, as compared with last week, the total reajching 6,431

bales, against 5,480 bales last week. Below we give our usual

table showing the exports of cottcin from New York, and their

direction, for each of the last four weeks; also the total exports

and direction since Sept. 1, 1875; and in the last column the total

for the same period of the previous year.

MaT28. June 2. June 943,1'Ou 4.S,0i!0 37,007,000 10.080 6,0028,000 33.0;jO 27.006,000 5,01 lO 4,032,000 4,0CO 3,00

1,041.000 1.051.0(0 1,.149,00

620,000 62H,00O 614,00

93,000 ei.ofo 43,0069,000 28,000 1S,00I

10,000 4,000 6,003JI.0OO 31^000 340,00lil.OCC 116,000 124,00(

3-U

Page 25: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

June 10, 1876.) THE CHRONICLE 573{gporfo>CoUon(bale«>iy«>m Waw Vorlt nl nee wept, l. mi

JIPOBTID TO

l.lTerpool

jither British Ports

I'olal to Ct. Britain

[avre

Jtli«r Freccb port!

ilotalFrencb

jlremcn and UanoverIlambar;;

i>tber ports

irotal to N. Europe.

l<p4ln,Oporto&QibraltarJpcillotherB

Irotal Spain, dec.

Grand Total.

wnK aNDiKe

Mayir.

6,524it

6,553

ino

lOO

M«y

8,7S0

3,7!M

100

'm

May31.

8,MO

B,!!00

200

TM

80

Juner.

4,723

4,723

48

1,650

Totalto

date.

321,1141,07)

322,917

2,115

2,115

SS,5P5

8,4011!8,75!

59,7i0

12

4:u

421

Sameperiodprer'Ufyear.

319,2^2,416

821,704

7,889

7,899

19.J7(I

ir.««i

2,844

39,331

10

55

65

Grand Total 6.658 4.141 \480 B.<21 .105.19.1 S6P.PW1

The following are the receipts of cotton at New York, Boston,PUiladelpUiaand Baltimore for the last week, and since Sept. 1. '75:

IIOB TS FBOH

<tw Orleans..'«xaslavannahloblle'loridarth Carolinai'th Carolina.Mrglnia4orth'rn Portp.'ennesseR, &cforel(fn.. ...

Cotal this year

ToUl last year.

KBW TOBK.

This Sinceweek. Sept. 1.

160,7927»,«3187.-.'67

40607.i53

52,!i62

180,2779,505

195,6784,024

9?7900

era1(79

6932n8

9.52

228

9.636

8«4,582

758 731

This Sinceweek. Septl.

2,106

1.012

2,094185

5,.S97

18,4208,724

28,2734,409

1,8

68^6297fi,M7

64,6494

273,451

2.090 302,887

PHILADSLP'll

This Sinceweek. Sept.!.

422

15;983

427

427

34,269

•iO.eTJ

659 61,284

This Sinceweek. Sept.1

56

31

32139

143

18,144

9.75691.1726i,8ti2

^n5,929

391 107,928

1.227 I!,\!iS6

Shippino News.—Tlie exports of cotton from the UnitedISttttes the past week, as per latest mail returns, have readied\l'J,58i baleB. So far as the Southern ports are concerned, these\re the same exports reported by telegraph, and published iniruB Chronicle last Friday. With regard to New York, wenclude the manifests of all vessels cleared up to Wednesdayioight of this week. Total balesNew York—To Liverpool, per steimcrs Cambrian, 608.... Celtic, 221

....Bneland, 1,328. ..Russia, 2S2.... per ship Janet Court, 2,28» . 4.723To Bremen, per steamer Main, 49.

,.jg

To Cronstadt, per bark Brilliant, 1,650 ... '..'. 1,650New Orleans—To Liverpool. p«r steamer Rita, 1,998. ...per ships

Saranak, 2,735 (iacen of Nations, 4,756 9.489To Havre, per hark N. H.. S,rB7 S,a^7To Bremen, per tiarks Preihandel, 1,874 Onkel, 8;0 ! 2 254To Amsterdam, per bark Aule, 90J ; 909To Veracruz, per steamer City of Mexico. 40S

,M0BILK—To Barcelona, per schooner E. L. Dow. 1,1

CUARLE9TON—To Uavre, per bark John Geddle, 2,.J53 Upland and 58St'U Island

To Barcelona, per brig Carmitn, 165 Upland . ....SiVASNAH—To Liverpool, per bark Jacob Riners, 1.7U5 Upland ,.

To Havre, per brif; Grossherzojin Anna, 1,C40 Upland, 50 Sea Island l,<•^*Baltimore—To Rotterdam, per thip Dinfberg, 492 492'Boston—To Liverpool, per pteamer China, 100 100PniLADELPBiA— I'o Liverpool, per steamer City of Limerick, 978 978

4081,100

3,41«t(,5

1,705

Total

The particalaiB of these shipments, arranged in our usualare as follows

:

Liver- Bre- Am* ter- Pot- Cron- Barce- Verapool. Havre, men. dam. terdam. stadt. lona. Craz.

29.584

form,

New York '4.723

New Orleans 9,48)MobileCharlestonSavannah 1,705BaltimoreBostes _ .... 100Philadelphia 9:8

Total.48 1,650 6.421

2,067 2,251 ii03 408 15,1171,100 .... 1.100

2,416 165 .... 2.')81

1,090 ; 2,795493 492

1

978

Total 16,995 5,563 2,802 909 492 1,650 1,565 403 29,f84Below we give all news received to date of disasters, &c., to

vessels carrying cotton from United States ports :

Obibntal. Hedge, from Bavannab of. and for, Boston, wentashore on Harding'sLedge, at 7:.30 P. M., June 4. in a fog. The passengers, twen'y in nnm-ber, were taken off by H-hing schooner Omega, and rwiched Bostonshortly after midnight. The steamer bilged and fllled with water, bnt,with a continnance of favorable weather, may be saved. Her cargo willbe saved Two lighters, loaded wlthcoUon, wool and rosin, arrived atBoston 6th.

—Boston, June 6 —Steamer Oriental still remains ashore, two lighter loads ofcetton, rosin and hide-* h.Hving arrived in Ihiscity. A purvey will beh-*ld on the vess'^l this afterntson, when the question will be consideredwhether ihe expense of gettin:; her ofl'and the cost of repurs necessaryto put her in serviceable contiition will not be greater thnn the propertyIs worth. If such a decision is reached, the wreck will be sold atauction.

Andrea WII.UELMINA, ship («wed.) from New Orleans for Rcval, arrived offDungensss. M ly 18, with foreyard br,>ken, having collided with Norwe-gian bark Svanhlld.

TuRXcsTAN, ship (Br), from New York for Liverpool, before reported ashoreat Port Mttdoc, Wales, was sold prior to May 23, witii her materials, for£2,700.

Casio, brie, from Mobile for Havre, before reported at Bcrmada In distress,was ready for fea June 1. and would sail in one or two days.

M. M. Mekriman. schr. (of Taunton), Crane, from Bay River, North Carolina,for Fall River, with shingles and cotton, put into Notfulk, May 31, leak-ing. The M. M. M. sailed from Bay River on the 2jih. and durin? thevoyage eTTcountered strong northeast winds. On the 30th, Cape Henrybearing west, thirty miles distant, at 3 P. M., t-he keeled over on theport side, when, oti pounding the pumps, found that she had sprung aleak at the rate of l,5()ii strokes per hour, which required con-tant pump-ing by all hands, in order to keep her free. She will undergo repairs atGraves' ship-yard.

Cotton (retgbU the pait week have IxNia m loUowa

:

^-T;—Liverpool.——. ,—Havre—. . RremeD.—^^Hambarg.-.Steam. Hall. Hteoia. ttaU. Steam, gall.,

«• e- c. «. e. e.-- - - Xeorap. .. Xcnmp. .. ;(coiiip. .

kVls \comp. Keomp. ., %comp. .,IS Scomp. .. Xoomp. .. Ucomp.

Kcomp. .. .Vcomn. .. .Hcump. ..Scomp, .. Kcomp. ^comp. ..

- - hcomp. .. \comp. .. %cbmp. ..

EUROPBAN OorroN MA.RKBTS.—In rslerence to lbea« market*.our correspondent In London, wrltlns nnder the date of Mbt20, 1870. atates:

'

LiVBBPOOL, May2t—The foUowlnsrare thu price* of Ameri-can cotton compared with those of last year

8atord*y. .

.

Monday....Tuesday...WednesdayThursday..Friday

Sea Island. 15i/i

Florida do. 13>^Ord.

Upland 4VHobllo. ...4KTexas. .... 1)iN. Urleaus.4K

.-Ord.* Mid-. --Fr.* G.Fr.-, -O.* Pino-.

15G.OHi

181i16L.Mifi

5K

19

I7XMid.66

21

18Xti.M.tH•X6«

2HSOMId.P.77

>k7K

>-8tm« date 187S,-%Mid. Pair. Good.» It nXX n WMtd. U.K. M.P.1M 6 MC SS1 IVK 9S-:S8 7-»7 1&-I8 83-It8»-M> 1-1« 9)4 95 13-16 6 S-16

Since the commencement of the year the ' traneactlona o_speculation and for export have been :

>-Actnal ozp.from AetaalLIv., Uallib other exp'tfromontportitodate-. U.K. In

1876.bales.

American 77.6roBrazilian 640Bu'yptlan.'ftc. 11,510W. India, Ac. 41

B. India, if. 19,370

(-Taken on spec, to thla date-»1875.bales.130.6904,31010.4201.510

64,940

1874.bales.109.570;5.9'lO

12,1002.101)

33.690

18^6.bales.3«,sni4,K»g

»,7703.26)

82,460

1873.bales.86,21!)

ll,6«2,1038,0%

M,8:<2

1876.

bale*.1 46.080n.tn9,050U,7V0

4»7.180

Total 109,420 201.950 171.430 129,694 153,875 706,110

BRE ADSTUFPS.FaiDAT. p. M., June », 1870.

The flour market was without essential change during the pastweek, but towards the close became more active, with a slight

upward tendency. The export demand wae good lor commonand medium extras, ranging from $.') 10 to f (S 20 ; and the bettergrades of bakers' and family brands were latterly more salable.

This is especially true of Southern Hours. Supplies for this point

have not come forward very freely, but there is an iocrrased

production at the West, for which our receivers are inclined to

make room. Rye flour has tended upward, and corn meal haabeen quite active a: a slight decline. To-day, the market WMdull and weak, except for common shipping extras.

The wheat market was variable throughout the week, in ton*as well as in volume of basiness. Receipts all all points havematerially increased, and crop accounts are excellent, but theinfluences have proceeded fmm the daily changes in the phasesassumed by political affairs on the Costinent. The offerings havebeen free, and the demand promptly filled, so that very little

improvement has taken place on the reduced prices noted in oarlast. Yesterday there were large sales of No. 2 spring at |1 ITJfor Chicago and |1 20 for Milwaukee, with prime No. 1 at |1 32.

To-day, there was a further advance of ^.,whicb checked businees.

Indian corn was somewhat depressed e^rly in the week, byliberal supplies of new mixed, much of it out of condition, andholders anxious to effect prompt sales. Prices gave way I(g2c,

per bushel in consequence. But latterly receipts by rail bav»fallen off, and the demand has been urgent to fill freight engage-

ments. Prices more than recovered the early decline, and la«t

evening were Ic. higher for sound qualities, and 2@3c. higher for

the lower grades, which are comparatively lest plenty. Thelimited speculation for future delivery has been In prime mixed,at 59c. for June and 60c. for July. Receipts at the West havegreatly increased. To-day, the market was quiet and scarcely so.firm. Steamer mixed 56(257^0.Rye has been active for arrival at 87c. for Western and IHJic. for

State, closing quiet, with Canada nominal. Barley remainsquirt, but barley at some decline has been more salable. Can-ada peas are unsettled.

Oats have been active, and prices are l@2e. higher. Therehas been some business for export to France (part tor arrival) at40(u!44c. for prime to choice mixed. Yesterday, No. 2 Milwauae*sold at 4!Sic., and No. 2 city-graded at 38c., with choice white 47cin store. To-day, the market was dull.

The following ate closing quotations

:

Uaaui.FLona.No.t «bhl. 18 85^3 50Japerllne Stats & Wosl-em... 4 00^4 40

Extra SUte, Ac. 5 06S 6 25Western Spring Wlieatextras 6 OOQ 5 30doXXandXXZ B 35ft 8 75do winter X and XX.. 5 OOft 8 50

Unsound wititor exttas.. 4 21^^ 5 75Cl-.y shipping extras.. .. 5 20O 6 20City trade and familybrands 6 609 8 25

Southern h.Hkers' and fa-mily orands 7 OCft 8 50

Bontbernsbipp'tt extras.. 5 409 6 50Ryeflonr, saperflne 4 tO^ 5 15

Commeal— Western, Ac.Com meal—Bi° wine. Ac.

2 90Q 3 903 40Q 3 45

Wheat~-No.3 sprlng,baik.tl OSft.•(o.««prlLK 1 18^No. I spring 1 »7(

Red Western 1-"

Amber do I

White 1Corn-W«et'a mlz'd.aew 51i

Tellow Western, new. 68^Bouthem aew (U(^

Rye.Uat«—MixedWhite

Barley—Canada West.State, 2-rowedState. 4-rowed

Barley Malt—SUte . ... :0a ! M,Canadian 1 loS 1 W

Feas-t:anada.!>oad*tr«e >7tt 1 A.

Page 26: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

574 THE CHRONICLE [J.ne 10. 1871

iThe movement In breadstufii at this market has been as fol-

,—BXOCIPTS IT mw TORS. EXPORTS PBOH KRW YORK.

week.

4,858

For the Since Since For the SinceJon. 1. Jnn. 1, "IS. weeli. Jan. 1.

l,t0v,<K5 ),.'iti^fi.')D 41.401 8<W,Mr^.»,lfi^ «s,ors aeag 7I,^^«

«,«.w,:o» p.073,7M i.rsi.sw io.82S,»Pr

8,2.V3,171 8,7ni,5« 5)-.',?.M 0,200,0(17

1.9.V,.iT3 913,89.5 8,iXil ',"(0

4.490,545 3.isa.83i w.mi 98.a;-J

Xke foJlowing tables show tbe Grain in sight and the move-

of Ureadfituas to the latest mail dates:

^ Iflcmr. bbl».C meal. ",

Wheat. bu».l,8''P,4r4

•Cnrv, ".

5IB.r.!)<)

«ye. " m.'->t- •. 55.771

•. 3l2,«15

. 18-:5.

For tbe Sinceweelc. Jau 1.

19.B07 7S;J,81S

4,0411 7),«lfi

5:3,339 6,989,147S6H.U;9 6,565.101

16,853 1(7,487

nois:o (1.940

V^ftBCWTTT* AT LA.KK AND BIVKK P0BT8 FOR THK WBKK KNDIKO

. JUNE 3, 18.76, AND FKO.M AUGUST 1, 1875, TO .lUXE 3, 1876 :

^OhlcaVb. .

Hilwaalwe.ToledoBetniittCleveland...At.LuDiB....JPeofia. . . .

.

O^itcth

KInnr, Wheat,bb a. bueh.

(i!« lhri.1 m lbs.)

S3,7.'fi 4«1,81S4ti,W 5

ti!'5

8.871

S,2t519,";5S.650

2,«5

!-C.^,980

15-'.;'3'i

V7,7)6

]33.ft<3

SH.715114,9J4

Com,bn!*h.

(SKlhii.)

l,«9fi.7f.l

2:i,<5«

ai.\-70«.'S8

l',0>03n9 235376,S50

Oats.bufh.

(32 lbs )

!<69,5':7

10«),',:88

S7,063

21,0753I,9!«84.165

1&1,(60

Barlcj-,

bni»h.

(48 Ih^.l

I07,f8)18,91.0

8,748

.3', 5808.O0O

Bye.bash.

(5B Ihs.i

31.<I16

10,351

S.635

30, ao

Total'.^Pvevioua week* '^orr««i''ng week,*75

• '74

1I6J83J l.!l9i,4 -i 8,721,278 1.00.5,403 14-.',2.Vi

112,242 l,0B19l8 l.'SCSMj HiG,l)-<0 7'',:8t

113,2»9 l,aS9,»76 865,021 .Ml.tOt 21.<i6-i

132,052 2,i87,77r 2,2S:6,S13 708,509 t,l;8

39,006I2,f27

2I,t80

602,K»437.H7K.i2,048

2,1(14,179

i.:ai,338

1,070,709

1,055,577

SeiPXBNTs OF Flour and Grain froru the pons '^t Chicago.

BEilvaukfe, Toledo, DHroit, Cleveland, St. Louis. Peoria and• l>aluthfor tbe week ended June 8, and from Jan. 1 to June 8,!• iucloeive, for four years :

Wh at. Corn, Oat", Biirle<-, Ryu,bush. bush. bu^h. bush. bm»h.

1,803,1111 ),eO',i«i 519.8 ".504 V.,nr,

1,72;,1»4 1,*I1,07'J 45-,9<W 2j,.5«4 0".,•.0.^

i,='jo,iMi .vo,i;2 B.i7,a;7 i.',.;2i f.z^2,6^1.«-34 l.^OW,!"^ 033.519 2.\-.73 3,^•^•'

1,321 9!2 l,2rt,C07 9«,-.18 IS.30i ^,3b7:S8,728 3.'3-'. .',8! 74 ..31.1 14.5^0 !!0,70.'>

1,2.0 379 1,419 369 348,512 3,015 31,5a0

^Tia. (to Jone.3, '70.2,317,311 li,9:iS3J8 43.329,0113 0,491,100 1,140,2 8 5.3.\349

Same time 1875 a.0^7,».1-) il, 799.0.52 li.401.a07 5,251^,215 ».J5,m5 253 2 8OoinBllnie 1874 3,M5,*I1 82,410.239 1.3,30.'i,249 ^,145.^31 1,3 4:^71 2,.3-«,290

Sametiine 1373 2,515,592 11,762,812 li.39;,058 0,6i6,i-i3) 1,500,9.5 208,1.35

CUCCKIPT8 OF FLOUK AND GRAIN AT SKABOABU I'UHTb VOH TUS

Total Jan. 1 to date 2,155.100 16,0.5ii.0!i8 27,298 951 8,8!8.«61 ',7M.3I3

««me!ime 1S7.5 1,90.3.370 lf,21J8..52S 19.211,831 7.804.877 1,49:,0;7

Same time 18T4 2,:81.h79 31,.590,731 22.304,'-09 10.900.-94 2 13.%151

«rot«l AUK. 1 lojate .4,289.397 54.!.'<.3,0f3 40,012,030 23,101.871 7.28:. ;>i8

Same time 1874-5.. .4,55;.3>0 52.783,204 .^STU^H 19,512,92i .5.092,3.VI

Came time 1873-4 . 5,151.037 72,931,1li0 49,0ii2.145 23,2.50,.538 O.'Cfi.hO

no time 1872-3. .4,9'.1,;90 4»,0OJ,136 4S,J8S,7o2 22,7oS,"'-0 9,05. ,370

Flonr,Wak— hhU.

'Sane S, 187H 114,718May 47. 1870 112,131•Cor. week '75 102,470

"C ir. week '74 110.'!i7

'.Cor. week '71 149,51;-ICor. werk '72 91.8'

1

<O0f. week '71 79.760

WEKK ENDED JUNE 3. 18~G.

Flonr. Wheat, Com, Oats,

M— hbls. bn!»h. bnsh. bn^h.rVotk 07,350 -1,911 90i 557,7*4 44.3,.?-^3

|)w«on 2!I,.M1 a:,vOI! ill",127 Sl>,;5l

PMdand 'i.OOO f.'O il.2'iO 4.2.10

. Mciocreal SI, ••.4 325.276 09.04 ."9.534

Vhiladelphla 24,0'iO 2!i.40n 712.9>i I'S.ino

flaltiaiore 8.201 ;5,8W) 629,IK,0 22.i0)

NewOrleans 6,8;9 .... a:, 290 4 1i0

Total '70,'2J5 J.590,421 2,21.5.275 73i-,907

Previousweek 192,438 2,07.5,160 2,4-.),073 071^,132

:«;or. week '7S 198.t29 5,107.1)93 809,333 010,577

Total Jan. 1 todate. 3,707 76-i 14,704.731 32,832,2.19 8 087,309«ame time 1875 3,'8'.,914 11.321,883 22.898,648 -6,75.=, 613

-laBie time 1874 4.6I8,.3J7 82,402.938 19.«00.198 0,604,789

Same time 1-73 3.074,312 7, i91, 140 14,612,723 8,295,369

Aad Montreal, 50,541 bueh. peas.

The Visible Supply:)gr«.aary at cr.o principal

fieafcoard ports, in transit

abe lakes, Junes. 1876:

Baney,hn«h.

1(1,0.*)

10, :il)

Ry.

I0i,892

OF Grain, comprising the stock in

points of accumulation at lake auii

by rail, on the New York canals and on

Vi store at New York•Co store at Albanyaa store at Butfalois atore at Chicagolaaiore at Milwaukee

', la.More at Duluthtaetore at ToledoSo store at DetroitCCb store at Oswego ~. ....

12r store at BostonCb store at St. LouiHJ« store at Peoriatin store at TorontoIn store at Montreal&A store at Philadelphiafn store at UitltlmoreSuaka shipments, week.Sail shipments, week. . . : . . .

.

*^Ja New York canals•JBst. afloat New York

TotalHair *7. 1876

•L«u«fi,18T6

Wheat,bush.

l,121,-.;93

2,7008.10.60791li,3(.8

619,402309.323375,561)02,8«32)0,000

802148,50610,600

321,5185.37,595

235.00014.311

1,860,858435,1.53

l,8a«.1781,500,000

Corn,bnsh.525.848

4,400?5,S02

797,32224.906

172,621

24,49008,000!(r7,494

280,580107,100

49,345375,000621,644923,036883,42784,M4

140,000

Oats,bash.8''5.042

09,000Si), 893

.3.51.0.11

157,303

197,55335,15220.0J079,623114 49317.3,565

n.4;97,908

120,00028,000

117.078422.78138.337

iOO.OOO

.10,087,620 6,283.779 3.125.327

.10,100,098 4,880,333 2 894,496

.11,626,«21 7,9l4,89i 2,443,00<

Barley,bash.i:,i;74

17,OJ0

285;6l4105,451

4,426

H,93J5.0.)0

4,05189,5973,38010,2534,6997,500

'75

1,489

j'.OOO

B12.612 t09,600456,7IS 312,0:«102, 199 111,437

Rye,bush.S,9i9

81,0001,113

42,77817,891

'377

10,6001,5807,857

20,971

2,1083.0(0

2,0005,115

47.1217,70015,000

THE DRY GOODS TRADE.Fbidat. p. M., Juno 9, 1876.

Tii« trade movement has been irregular duriag the past weekvrith package houses. The clothing trade have been operating

toiL fair extent in heavy woolens, but, as a rule, domestic cotton*

''•vere very quiet, while prints, dress goods, &c., were in moderatewitnaand. JVith importers, business has been dull and uninterest-

ing, and the jobbing trade has been about as active as usual at tb

advanced period of the season, when retailers only buy sui

small re-Bssortments as ar« found uec-fssary for the pursuani

current trade. The Atlantic Cotton Mills will be closed in a

days, owing to tbe fioatinjf debt of the corporation having

come too large to be paid without increasing the capital si

which will probably be done, and the company re-orgaobij

within a short time, when these splendid mills will again resuj

production. Messrs. Cochran, McLetin & Co., importers and joj

bers, have suspended payment, with liabilities of about $1,00C

000, and nominal assets of $2,000,000, and tho firm will go in

liquidation. The house has not b^en in very (rood credit f

some time past, but was so strongly backed by men of wealt

that the failure was somrtwhat of a surprise ; as it is, a lar;

dividend may be expected, buciuse of the bonorable character 1

the members of the firm, provided the creditors act harmonously.

Domestic Cotton" Goods.—There wer.; exported from th

port during tbe week 1,113 packages cotton goods, of which Gre

Britain took ."iO? packagfs, Brazil 34'3 packages, and other countri

the remainder. There was also an increased demand by Ciuadi

merchants, whose purcbafes do not appear in the above list, a

American cottons are evidently gaining a foothold in theDominii

The home demand was light, but fairly satislactory for the til

of yehf. Agi-nts for the large corporations whose fabric welately sold at auction have not yet fully determined upon pric

for fuiurH busine.es, but ihe few quotations i^sul.•d are a tritie abo

those realized ^t auction. Bleached shirtings were in fairdemai

and generally steady, although a few unimportant reductio

were made on low grad>-s. Brown and colored cottons were du

in first hands, but broken ots were distributed to a fair aggrega

amount. White ground prints—which have become comparative

ccarce—were fairly active, and there was a well-sustained demai

for shirting prints, cambrics, and percales. The lately unprofitab

results attending calico prinlina; are seen in the published repor

of New England print works, whose semi-annual meeting! hav

been held within the last few weeks. Some of these repor

show losses on the half-year's business, varying from $CO,000

$100,000. Print cloths have been very quiet, but pricc^s

nominally sli-ady at 3Jc.—cash to oOdays—for extra standard

c'oths, although soma small transactions were reported at

cash.

Domestic Woolen Goods. -There has been a slight

provement in the demand fi:r moderate lots of heavy wooleni

cloiliiers, 'out the general trade has been less active than sangaic

holders expected, and jobbers are placing orders for the aiitam

tiade with extreme caution. Thej)bbing trade has been ligb

and Messrs. Gilbert iSt Weaver have been compelled to suspsn

payment, owing to the late shriukagfe in values and the dulness

business. Plain beavers were relatively more active than fane;

makes of overcoatings, wh'ch were comparatively quiet. Heavcassimeres and suitings of new and attractive styles found boy

era, but old styles are difficult to move at a reasonable pric*

Cloths and doeskins were dull at unchanged prices, but there

more inquiry for popular makes of diagonal and fancy worste

coatings. Satinets moved slowly, and Kentucky jeans lacked ani

mation, although extremely low offers werejmade for considerabl

lots. Flannels remained quiet as a rule, but a few sales wer

made to the shirt trade, which is indicative of an early movemenin these fabrics. Worsted dress goods were in fair request fo

the time of year.

Foreign Dry Goods.—With importers, business has been ver;

quiet, but jobbers effected numerous small sales, which reached 1

fair aggregate amount. Low-grade black silks were in stead;

request, and grenadines were taken in fair parcels. Linen goodi

were quiet but steady in price, but white goods and embroideries

were a trifle lower in some cases. Woolen goods for men's wes

remained exceedingly quiet in first hands, but were distribute'

rather more freely in the auction rooms. Ribbons and milliner;

silks were largely sold at auction, the former at low and th(

latter at fair prices.

^a annex prices of a few articles of domestic manufacture

:

Cotton Sail Dnck.

)0•

I

Woodberrv and Druid No. 10 21

Mills. Cotton sail twine.. .32

No.O . 38. 35. 34

Li^ht Dock—Greenwood's (7oz.)Ravens

No, 1

No.2 13N0.8 . 32 Greenwo«d'8(8o».)No, 4 . 30 Ravens 14N0.6 . 28 Bear (3 0Z.J 29 In.. 14N0.6 . 27

. 23do heavy (9 oz.)...

Extra heavy bear.

.

17NO.T 19No. 8 . 24

. 23Mont. Ravens 29in.

do 40iD.

16No. 9 33

I Woodberrr and Ontarli

U.S.A. Standard 33X«>8i>z 18

90Z !1«

lOoz a12oz 26

15 oz S*

OnUrloTwls,36in. 18

do311n.(8oz.exql! 17

KxtwU-rolliem's" W

Page 27: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

June 10, 1S76.] THE CHRONICLE 575

Iniportatloas of Drr Uooil*.

The importations o( drj ((oods at thit port for the week endiD(June 8, 1876, and for the correspoadioK weeka of 1875 and|l874 have been as follows :

aarxBiD roa coiieuitrTiOH roa thi waaa MDiNa joxa 8, li't.

Canofactaiei of wool. .

.

do cotton

,

do ellk.....

do tax....CltealUneont dry gooda

Total..-

VRHDBAWIf TROX WABSHOUei AHD THKlUWM INTO TBB KAHKIT DDBIXa THBtAME piriod:

. 1874 ,

PkKi. Valne.384 tl3^,8Jl

16t,4i»a;3,ojiii..';5^

7J.!)til

55J8785 15

HO

PldTH.

3011,48Uas

-1875 , . IS'.B ,

Valne.|13i,2MJD.MIH'.l

:»8.'265

117.731to.ww

Pket.!83

807406306.

ValDJ7J/11H\.inriSOS.dT.I

(0,M:fl

3-;, ISO

3,017 $759,573 8,836 fWO.aiO 1,591 |670,Ml

HanafactorM of wool . . . . 3^6 tl'-'-l 5.30 233 ' 10^,813 351^ do cotton.. 3t» »8.WS» 304 61,011 it^

do Bilk !fO 81.090 41 4fc,?6l 74

do flax UO W1.78T 8M 75.(180 *'i

Mlacellaneont dry goodt 1.458 37.037 849. 14.411 7!tS

ToUl 4'.41 t4!5,S71 1.614 1387.6-36 1.7«addent'arorcoDsnmpt'u ^,0 7 7J9.57J 3.84t 753,330 1.594

Total thrown nponm'k't. 4 560 $1,3)5,651 4.;03 fl,0i7.!li6 3,348

BNTBBED rOR W4RBHonBIN<l DDRINM 0AMB PBHIOO:UanafacTures of wuoi— 435

do cotton . . 830

do allk 18

ao flax 5"5

Illtr^Uaneona dry goodr.. 117

206,909!'il.4b9

5!i.7<il

134,111i7,t'S:

S91395100ti.'l

1,4927

1319,83385.i>3.1

85.C« I

i;8,'>-5

SU,08»

3131415038755

$1U,4835H.878

68,891lOi.-iSG

17,tU«

(351,168570,964

$931,133

fS4,?0l47,.'i ii

41>,>15I.

M.OSS3,»95

|52?.351 3.816 $514,1160

:59,578 *,68'j 75O.3;0749 $34»,430

1.594 5:0,9»4Total . -M'"

iddept'Uforconaoimii E J.^H

loul entered ai the port. 3,5iS fl,33J,'j3J 6,73i $1,235,390 3,Sj8 {819,394

Importit or Leadliiic Artlclei).

The ffillowius tablo. conpilei from Castaiu House returns,

shows thn foreiga imports of leidine ariic.ea at thi i port amcoJan. 1, ld7i!, and tof the sama period in 18i5 :

[The quintity l» jlven la p.«k*ses when not otherwite tpeclfied.]

Since SameJan.l.'76. lime 1876

^blna, Glaaa andSarthenwaro—

i:hinaEarthenware. .

QlaesGla^evfare01a«« plate

BattoneUaal, tonsCocoa, ha^e..Cod"ee, bai:»Cotton, balesDrugs, Ac-Bark, Peruvian..Blea. powders...CochinealCream Tartar...QamblerQam, ArabicIndleoMadderOils, essential..Oil, OliveOpiumSoda, bi-carb

Soda, sal

Soda ashFlaxFursSunnT clothHtlrSsmp, balesHides, Ac-

Bristle's

Hides, dressed..India rubberIvoryJewelry, Ac-Jewelry .... ...

WatchesUnseedKolasse*

8,72516.:.12

137.95.

:o.»i5)

!,051•-,405

l;,l5^

11,8JO

73ti.' 02•.i,3js

)5.S80li.863

1146

3:517,611

2,')7b

^e3330

16,5)657»

!0..577

',5 !)«J

2li.3<u

1,930

2 729

;,58J

71,501

7033,li62

1 9, 1,36

l,2iii

1,807

253384.W1I

57,945

5,

17,

12

5,

1%10

743,

1

11,

14,

,539

,iio;

745]

,'J51,

,487;

.46I

.7571,34'.i;

,554

,Slll

,3;8|

,394291,126

,11-

,S)1

95 !

655

Since SameJan.1,'76. time 1875

Metals Ac-CutleryHardWHieIr»ii. RR. bars...Lertii. pltji*

spilter, Tbs ....SteelTlu, boxesTin slabs, lbs...

RagsSugar, hhds, :cs. Abbis

Suk'ar, bts A baft.TeaTobaccoWasteWmc'B, Ac

Champagne, bks.Wines

Vl'ool. balesArticles reported bv

-.

val'u ~S,ii94 iClgara447|10.irk8

1.9'i' (Fancy goods8.3Sl;iFt»h7.925j|Pmits, Ac—5,162 Lemons8,474

I

Oranges,i)Ou,

.^i7»

62 2J;

399,

57,

,41787.J

,8501

,859,

Nats"!Raisins

Hides, undressed.KiceSpices, Ac—CassiaGingerPepper

SaltpetreWoods

CorkFustic ,

LogwoodMahogany

1,7.59

844

58,8051Ui,2.'!0

22,6.<i4

3i1,8%4,872,235

63,783

333,348854.4.18

571, US'.

21,U •!<

411

4V31243.511

27,155

$610.36:2U,61u

461,1148

192,766

381,188l,0u:,l85

351,20!63.'>.4II0

3,613,9271.3d3

108.4M69,663

263,59666,360

176,40123,770

820,51023,848

1,9531.641

2,4M4ft,'>75

142,35!42,310

4»1.8<S3,610,643

63,638

3r:.8(H9A«.|>&1

5l8.un86,717

1,10J

87,95372.li71

26,073

«712.«5829.8.'l>

4W..0t7112.991

382.3131.606.8I«

526,92966;.363

5,24.5,118

16c,934

145,573

32,10657,1,100

103,3f2

1 56,945

29,886154,615

60,815

aporta or beatllus Ardelea Iroai ftaw VurM.The foUowioff table, uuiupileJ Irom Cuatom Uuua«r«:i

how* (be exports of leadlos articles from tlie port ol N»irYork since Jan. 1, 1870, to all the principal foreifrn conn'riea,and also the totals for the last week, and since Jan. 1. Tbulast two lines show {otai vogues, Ineluding the valoeof •)! other.articles besides those ranntinned in the table

o s -i 3^ ; ^ \'* ^ *".= .0|- „- rf

5-s Si|S2»l:.|-852":???.58:?S.-• -• ^ " E&

M IT''

:S :3 . : fe S^ : :S iJSH :. .S :?."•:• ox

g:

&w.

: : : .5 :S .a1:

'? ::S :SgSK::«

Crr ***• 3*' . .« • •

•mt^ rf • • • • w

-* 3D t- -^ — rt

»2

Recelpte of Domeetle Produce.

The receipts of domestic produce since Jan. 1, 1876, and for the

same time in 1875, have been as follows :

Ashes pkgs.Breadstuffs

Flour tbis.

Wheat bnsb.CornOatsRyeBarley and malt.Grass seed. bags.Beans bbls.Peas bn^h.C. meal bbls.

Cotton bales.Hemp bales.Hides No.Hops whales.Leather. ,. sides.Molasses.. ..hhds.Molasses. . . bbls.Naval Stores—Cr. turp. ..bbls.Spirits tnrpen...Kosln. . .

Tar

SinceJ8n.l,'76.

3,673

1,«02.4B6

9.8)5,t0:t

8,233,171

4,490,245319,468

1,9(3,273

4r,3>67-26,022

79,507401,390

1,238l,G1'i.40.i

35,745l,9«l,678

31

40.029

1.21126,'JIS

116,016

Sametime 1875

8,631

1,,3«0,H'!9

S,'l73,76l'

8.701,.55ll

3,152,63155.165

943,89651,123!

82,919|

213,28265,6'ie

831,62!1.2t5i

857,0 II'

6,8''.0,

1,752,741

s'.isiol

8,478,»3,S-i2,

iJ 1.274

!i.7'<ll

Pitch.. .

Oilcake.... • pkgsOil, lard....Peanuts. .. ..bagsProvisions

Butter ... .pkgsCheese...OntmeatsEggs....Pork....Beef. ...UrdLard .kegs

Rice .pkgs.Starchrftearine....

Sugar .bblsSugarTallow... .

.hhds• pkgs.

Tobacco . •

Tobacco .hhdsWlilskey... ..bbls

Wool .bales.nrA«#»e«1 Flo,/^ . . No.

SinceJan.l,'T6.

1,54S808.597

:!,32Y

86,»'13

478.1983l!i,321

24:.4!0322,421101,27»60,357181,673

6,97421,607

154,95112,215

378.781

32,81190.11543,60261.19238.010185. .M."!

Sametime 1875

331113.71!

8,14381,158

SS7.7M818,084174,1912;7,riS8

93,789: 6,023

166.2536,831

S,8«9154,39510.299

34,1188,6696.816

88,0.i9

16,074

84,315i9.o;o

« . .i e A 'o

II

« jS -.3

11- §OM

fi:!5"

«S . . .-

".4ss ; .ru^ .gsi^SisESi^iisg;

2^ -25 ?•Wo'** s

^*

i 8:|i;so fict^l

r-

I

"i'

:i,

•o

•*;

'g

5 ii

iss

88

M Si

s s

r m 51 : iSiec*V 0*1*ec*V

Page 28: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

676 THE CHRONICLE [June 10, 18'; 6.

:o a

JO a13 »

PRICES CUftKENT.&9HKS-Pot ? n>. 5 a ....

BUHADSTOPFS—SeetpeoUl report.

liUlLUlNU MATKUlALS-i/rictt—UoumoD uara,aaoat..V M 2 so e TOOCroton 11 i)U (it H onPhiladelphia facing ii m (A to 00.

C«i»en(-U.i8euu»ie * bbl. I 1 1.' <3 r 40Ztine—Uocklanrl, common. ...V Ubl. "M ta

BocklHud, UuUblng 1 33 aAi»)HA«r—SoQtIicrn pine.. It il Ir.et. 20 JO « 32 Ou

While pine box boards 15 OP @ 18 00White pine merchon. box boards. H 00 ® 21 00

Clearplne « 00 © 55 00

Oak and ash ad 00 @ 4C 00

BlacKWHlnut IS 00 @ SO 00ttpruce boards <k planks 18 00 2^ 00Hi^mlock boards ft planks U 00 a la 00

JIfaito-lOasod.com.fon & 8h.*l keg .... a 2 10

Clinch. IH to 3 In.* longer 4 50 a 5 :o

Mdna ® 5 35

Cntsplkes.allslzes % S ii

'/Hunt*—Ld.,(rh.ilm,nnro,lnoll V t> ....aLead.wn., Amer., pure dry 9 &Sine, wh.,Amor. dry. No. 1 6XaXlDC.wh.. Anier.,No.l,lnoll HHararlswhlte.Eng. prime goldVlOOB ....a

'•OTTKR— (Wholesale Prices)—

Palls. State, lair to prime V »."Western cream'ery, fr. to p'me. "U*i ftrk.ttub.s.-jtale. I'r to prime '*

"Welsh tubs, com. to selected... "CHKKan,-New state factory, fair to choice?* lb

Mew western, good to prime "

<JJAL—Anthracite (by cargo) * ton. 5 C03 6 01)

Liverpool ifae cauuel 10 UO^ 11 WLiverpool house caunel ..i H Oua W* 00

OOFFUK-Uiu, ord.car.OOdaysandgold. HR Si

40 fair, do gold. ••

do good, do gold. "

do prime, do gold. "Java.matsandbags gold. "

JIatlva Ceylon gold. •'

'•Maracaibo gold. ".Laguayra gold **

St. Uomingo gold. '•

BaraDllla gold. "Costa Rica ROM.

>^COPPKK-Bolts V J».

Sheathing, new (overia ozjBraziers' (over isoz.)American ingot. Lake

'COTTON—bee special report.

DROGS * oyKS-Alam.lump * tt. 2>i*ArffOls,crude gold. lt> aArgols.reflned " 27HaArsenic, powdered " aj{<i

Blr.arh.soda.Kewcastle.l) lOOB " 4 io 3Blchro. potash »*Ib cur. 15X8Bleaching powder; » UO lb. • I 45 (8 1 6'J

Brlmstone.crude, per ton gold ^ 31 OJBrimstone, Am. roll ». 3 a 8J<CiTiphor reOned 26^9 27Casroroll.U.l.lubond. *zal..gold.Caustic soda ^ 100 tt

Chlor-iitPMorash ¥llb '•

Cochineal, Honduras ••

Cochineal . Mexican '*

Cream tartar, prime Am. & Fr, "SnhobB, KasttndiaUntch gold.Bambler * 100 lb. 'lllnseng .. cur.Glvcerlne, American pure *'

J a'lao goldLleorloe paste, Calabria cur.Ucorlce paste, SicilyLicorice paste, Spanish, solid. , .goldMidrter, Dutch ••

Madder,French "Nutgiills.hlne i^lenpo cnr.

t Oil vltrioUfie Brimstone). Opium. Turkey ....(In bond), gold.iPrusftlate potash, yellow. Am. .cnr.

• 'Qulclc»H»er gold.: Qainlne cur._t?hnb«rb, China, gooi) to nr.... "~Bal90'la, Newcastle. .¥ilu01b, ,!0ld ... «Shell Lac '•»• lb. 31 9S.idaash i() 100 lb. gold 1 S.i aSuirar of lead, white ?> B. 17X9Vitriol, blue.common 8 a 8J<

iFiaa

Start Pncf.a.George's and Grjvui Bank cod.pcwt 4 00 a 5 2:Mackerel, No.:, shore pr. bbl 28 00 a 21 00

IT anxa^0 a16XS15 an <»

'4X»15 a17 a

....a

... a

....a

....a

4 siisa21 a45 a42xa3iH8»«»6«3

!5 6:sa1 25

-

17

-..'4

80 a27 a6 a4 a15 aixa

4 so a

lOX

7«12

2 0J

21232324

10>,10

4 25

4S7X

5045

an

a 1 i»

582 15

1 50a

26to

s'oo1 m41

1 115

IS 00 a, U 00.•15 00

5 00

! 7011

Mackerel, No. 1, BayMack2reI,No.2, shoreMackerel, No. 2, Bay...

ITiiAX-N'ortn RIver.prime V lb

FaJIT—italslas,Seoaiess per SOlb.lrail

ao Layerdo Loose Muscatel(to Sultana perlb.to Valencia >.

Currants, newCitron, LeghornPrunes, Turkish

do FrenchDates, newFli/9, newOantuu OInger V< case.B%id!ues,»( hi. hoi

' Sardines, '4( or boxMasaronl, Italian ».V lb

Domestic Jh'ied"Apples, South, sliced IPBdo do Quarters.do State, sliceddo do quartersdo "Western, quarters

"Pc iches, pared, Ga.gooi and primedo anpared, halves and qrs

Blackberries11a ipberrlesVaerrles la

flams 16

<GUSr*IB8.—"?<>« report under Cotton,J"rH 2MP ASD JUTE-

Amerlcan dressed ^ ton. 190 30American undressed 135 00KuBsta, clean gold.220 'lo

Il'altan."~

Manila

a 17 00

15 a

:o:<a';<?=

21 a5 a6 a5 aISJii*....310 ri

....a

9 ®8 >$10 3

9 a13. a10 aIOi<«21 a

S 252 72K3 00

15

8 0020

UX14

10ei<

lUM

14

12H

272118

-•'.Blial...»»

a2l5 00®i4n 000225 00

260 00 a2~>5 OUova 'a

sxa

GUSPOWDEl^BLASTINO FOR RAILBOADS, &0*

3a 1a, any Size grain. In251b kegs... (2 90saltpetre do do 3 40

SPOnTINO.Electric, Nos. 1 to 5 gralu, In 1 K sq. cans 1 03Diamond grain. In llbcaus 1 0.1

Orange Ilgntrilug,.N 09. 1 to 7, in lib cans i 03SaperllneeagleBponlntr, In lib oval cans 73American sporting. In IB oval cans 71Orange ducking, Nos.l to 5. in IB cans 73Duck Shooting, Nr.s. 1 to 5,ln().<B kegs 3 61

Eagle duck shooting, Nos. 1 to 3, In «J< B kegs 3 61

UraEge ducking. No». I to 5. In 6^ B. kegs .. 3 61

Bagle duck snooting, Noi. 1 to S. 12HB kegs, 7 21DuckShootinif, Pio8.lto5 gr.,12XBSHdzard'sKcTituCKy rifle, I'l "vallBcansDuponl's rule Fg, Fl<«, FFFg.lB cai.s

Uupont's rllle,FFg, FKFg, 6kBs ,,..

Hazard's Kenluckv rifle. FWg, FFg, and SeaShoot ng Kg. 6k'lbkegs

Dupont'a rifle, FKii, FFFg, liX* k»gsHazard's Ke nucky rllle, FFFg, FFg, and SeaShooting Fg, IJXB kegs 2 96

Orant;.' r.rte, Fg, FS'g, FF*'g, 23B keis 5 40Hazard's Kentucky ntte, Fg, FFg, FFFg, 25B

Kegs 5 40

Dupout's rifle In 25B kegs 5 40

21

4848

1 61

1 61

2 96

HAY—ShIOPlcs * lOUlb 70 75

HIDEB-i)ry—Buenos Ayre8,8elected.^B5told 18 a 23Montevideo, do.... " lOXaCorrlentes, do.... " 1» aKloGrande, do.... '• IKSaOrinoco, do.... " H a I8XCalifornia. do.... " l7Xa —Matam.andMex, asthoyrun "

15 a 15Maracalbo, do.... • liX»Bahia, do.... " 12X8

Hry Sailed—Maracalbo, do.... ' a 11

Chill, do.... " U a 12

Pernambnco do ..." — a 11

Savanllla, do.... " ... a 11

Bahla, do.... •'.... a 11

TTel.SaJtoi—Buen. Ay, selected " 9 a ....

Para, do... "9 a

California, do.... ".... a 9

Texas, do.... cnr. 8S« 11

A. /.iKoct—Calcutta slaught... gold 13 a UCalcutta, dead green " — a UCalcutta buffalo ...

" 6X3lUOr.--Pig,American, No. 1 ?) ton. 22 00 a 23 OO

Pig, American, t, 0.2 'iO uo a 21 lO

Pm, American, Forge 19 «0 a ....

Pig, Scotch- 28 00 a 81 00Store lYIces.

Bar. Swedes, ordinary-sizes. .¥> ton. 130 00 aScroll 70 00 ®r20 (0

Hoon "5 00 al30 00

Sheet, Kuisla, as to assort..gold ?iB ...a 12

Sheet. single, douhlcA treble, com. 4 a mRalls.Ainor., at Work8lnPa...cur. 40 00 lii 42 00

Steel rails 63 00 @ 65 IX)

LEAD-Ordinary foreign Ji 100 lbs, gold .... a '5

Domestic " 6 40 a c 50

Bar V B. iX" ....

Sheet 10 a ....

LEATHEK-Hemlock.Buen, A're8,h.,m.ftl.*B. 00 a i3!<

" California, h., m. & I »0 a i2*• comm'n hide, h., m.&l 20 a i'2

" rough 84 a 25

Slaughtercrop 30 a 8S

Oak. rouKh 25 a 28

reiaB,crop - HO a c2

MDLASSKS—Cuba, centrifugal and mixed. |l eal. 23

Cuba, clayed " an

Cuba, Mu3., refining grades.. " EO

do do grocery grades. " 32

Barbadoes " 40Demerara " 35

Porto Ulr.o " 85

N. O.. com. to choice new.... 45

a 2S

31

40424i5558

exa lox

00 a00 a

NAVAt. STORES—Tar, Washington V bbl. 2 I2K» ....

Tar, Wilmington " 2 2i A —Pltcl..cltv ". 2 00 a 2 10Spirits turpentine » gal a .so

P.O!Id, strnlned to Koodstrd.li bbl. 1 (.5 a I 7.i

" low No. 1 to good No. 1 " 2 iO a 2 75'• low No. 2 to KC/Od No. 2 •* 1 S5 a 2 25•• low pale to extra pale.. " 3 00 ^ 5 00'• wliidowglass " 5 50 a 6 50

OAKCM—Navy.U.S. Savy & best » B.

(III. CAKF.—City, bag gold rs

Western cur. 10

OILS—Cotton seed, crude ¥ gal @ 40

Olive, in casks # gall '1 15 a 1 20

Linseed, casks am bbls...... •• 55 a 56Menhaden, prime L. L Sound "

.... (a S5

NeatBloot " 75 a 110Whale, bleached winter " 61Ha VJ

Whale, Northern " 59 a 60

Sperm, crude "1 3> a —

Sperm, bleached winter "1 65 a .. -

Lard oil. Winter « " SiMa 92)4

PETSOLKUM-Crude, In bulk %f gil.

Cases•'

Kefined. standard white • ....& li;

Naphtha, City, bbls " ....a 9:

PliOVlSIOIlS-Pork, mess » bbl. 19 35 « 19 SOPork, extra prune.... .nominal *'

Pork, prime mess "Bi'el, plain mess, new "Beef.extra niess. *• "Bepf li&iiis, Wes'ern "

Bacon, City lonj clear V lb

Hains.smoiied .''

Lard, City steam,... .; "

le^lt

KICF.—CaronnB,fnlrto choice V B.LoulsiaRa. good to prime "Kangoon. iu bona gold. ^ 100 B.Patna ** »>.

.... a10 00 w12 00 a22 Oil a

13 aiiMa

6 (^

sva

11 00

i'l'm

10J<n115^

7;«aSALT-Turksisland ^ bush ®St. Martin's aLWeriiooi .vsrioussorts flsack. 125 a

SALTPETHE—Refined, pure »» mCrude goldKltratesoda perlOOlb. '

BBEO-Clover, Wfistern ^ lb.

Timothy V bush.Herap.forflenFlax, American, roughUnseed CalcultaV56B gola..

4Ka:37>iB

I fo e1 Bs a

7«„ "«2 70

7K

25

SO2 50

12S'5

3 00

16

2 801 ii

1 60

187X

8ILK-Tsatlee,N0B.l&2 V BTsatlee, re-reeled .'

Taysaam.No. 1

Canton. re-reeled, No. 1&2 Cotngoua

SPELTKR-Forelgii '.00 B.gOld.Domestic, common cur.

8PICES-Peppor, Batavli * B.golddo Singaporedo white

Uassla, China LIgueado Batavla

Ginger Africando ual cuttaMaceN iitiuegs, Bataylu and PeuangPimento, Jamaica —Clovesdo stemB

SPIUIT8-Brandy, foreign brands gall.Rura—Jam.,4th proof •'

St. Croix, 3d proof •'

Gin ••

Domestic liquors—Casta

.

Alcohol (90 per ct) W gall.

Whiskey

STEEL—English, caBt,2d&lstquallly » BgoldEnglish, 8nrlng,2d & Istquallty.. "

Knitllsh blister, 2d &lBt quality.. '•

English machinery "

English German, 2d & 1st quality "

American blister cur.American cast, ToolAmerican cas.t springAmerican machineryAmerican German spring

Kone.4 87)i(« 6 25

None.4 75 (» 4 87X

..- a 7257 62)ia 81KI

laxa2s a21 a18 a7 aExa

95 ($s5 a12X®85 (A

i4xa

23

2222

ww

,

IS

«•,IS

'

. gold.—,3 50 a 15 003 65 a ! OO I

3 49 a 3 ej8 00 a S!5

2 IS a I! IS

1 10 a 1 Wistore Price:|4H« II

6H9 M(9 a 149)4@ mloxa iix

.... a •

dododododo

dododododo

....a7Ka8 a8K«

e>sa4 a7 a;xa8>iaexa

10 a!-Ka7 aFKa7X®•Ka7 («

...atokaloKa10«!9lo-Ka9^a.. asxasiiatHa

....a 8 iH5xa

8D0AB-Cuua.lnl.toi-om. retr'ig ....|i b.do fair refining "do f,oodrennuig "00 prime, refining "do lair to choice grocery.... "

do centr.hhds.A bxs, I<OB. 8®18Molasses, hhds & bxs 9(BMeladoKav'a.Box.D. S. Nos. i®9...

do 10f9l2do 18al5do 16(9,18

do i^awwhite

Porto Rico, refining, com. to prime,do grocery, fair to cliolc,,

Brazll,bag»,D.S. Nos. 9a 11

Java, do. D.S., Nos.l0al2Manila, f^uperior to ex, supN. ().. refined to grocery grades^..,.liefineft—HtiTd. crushedBard, powdereddo granulateudo cut loat

Soft white, A.atandaru cenirll...

do di. otf AWhite extra CYellow doOther Yellow

TALLOW^I'rimecity r ^^Western "

ayson, Common to lair cut.VB 26 ado Superior to five ^2 ado Extrafine to finest ,., 4n ado Choicest Noml

Young Hyson. Con., to fair ^j &do Super. to fiiie £2 is

do Ex. flneto finest '0 ado Choicest 85 @

Bunpowder, com to lair '28 ado Sup.toflne 40 ado Kx. fine to finest TO ado Choicest i'O a

Imperial. Com. to fair <!5 ai.o Sno.to fine f^

@do Kxlrannetoflnest 43 ®

Fyson Skin. &Twan.. com. 10 fair. a ado do Sup.toflne ';,",rto do Kx.flnetollnest n?"?

UncoloredJanan.Com.to lair 2^ a00 Sup'rtoflne ;>;;

ado Kx.flnetoflnest 0 a

Oolong, Common to lalr,»^ Ji ®do Superior toflne J^

@do Kxflneto finest "; ®do Choicest f,"

®Souc* Cong.. Com. to fair j» a

do Sup'rto fine =6 @do Ex.finetoflnest '" a

TOBACCO- m- B raKentucky lugs, heavy, n. crop. ^B i> w

•• leaf. " " .... ,8>4aSeedleaf—New Eng. wrnppe_r»Vi... 1;; @

•' do fillers. '73 6 «.

Pennsylvania assorted lots. '73 li.'iHavana, com. to fine ,,S.Mannrac'd,ln bond, black work H a

• •• brijjnt work ^ •TIN— ,. „_ _Banca goia.?iB ....9

Straits • 18 SEnglish, refined. ....... ......... "

. }''^^plates.I.C.charcoaI....l'' boxgcld .00 ®Plates.char.terne " 6 50 aWOOL-Amerlcan XXAnierlcttn, Nob. 1 & 2 .o v9

American, Combing 48 aExtra, pulled 2< aNo. 1, Pulled » aCalifornia. Spring Clip—Superior, unwashed 21 aMedium « ®Coarse I" aBurry •"

Sooth Am. Merino, unwashed 28 aCape Good Hope, unwashed f2 »Texas, fine. Eastern 22 aTexas, medium. Eastern

•'Ja

Smyrna.unwashed gold. '» "

Sheet V B.gold, net 6M9

FREIGHTS—ToLivkbpool: ,. .

Cotton (f ». ....a s-ic KaFlour * bbl.Heavy goods. .*ron.Oil * tun.Corn.b'Ik&Dgs. * ou.Wheat, bulk «s bagBBeet * tee. 7o «.... 4 >;

Pork UliW.: 6 ».... 3 3

.»IB

"STKAM.—

.

(. d. ». rt.

...,a s-ic3 0®...

40 35050 <*....

... a...7 a....so »....

22'. 6

35

33 9

Page 29: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

June 10, 1876.] THE CHROmCLEOommercial Oards.

John Dwight & Co.,MANUFACTURERS OF

S1JP£R-CARBONATEOP

SODA.No. 11 Old Slip, New York.

The joooing Trade ONLY Sapplied

Smith, Baker & Co.,

com Ifll S8I0N MERCIIANTSYokohama and HIo^o, Japan.

KKPRKSKNIED BY

E. W . CORLIES,66>^ Pine Street. New York.

B. G. Arnold & Co.,135 FRONT STREET,

MPORTERS AND DEALERS

COFFEES AND TEAS,

F. LB. Mayhew & Co.,140 Front Street,MANUrAOTtmEES OF

OIIiS—SPERM, WHALE, ELEPHANT & LARD.CANDLES—SPERM, PATENT SPERM, PAE-

AFFINE, ADAMANTINE, HOTEL ANDRAILROAD.

For Export and Home nse.

PARAFFINE OILS, WAX AND BEESWAX.

Olyphant & Co.,COMillSSION MERCHANTS,

Hons Kons, ShanKbai, Fooclioiv &Canton, Clilua.

RKPRE6ENTBD BT

OtVPH.lNT & Co., or China,1114 IVall St., New York.

RICE.Dan Talmage's Sons,

92 Wall Street, New York.

Adger's IVharf, Charleston. S. C.

16 ronti Street, Jietv Orleans*

Gunpowder.

GUNPOWDERDupont's

RPORTIXa, SHIPPING AND MINING

POWDER.DUPONT'S GUNPOWDER MILLS

(ESTABIilSHED IN ISOl )

Have maint^ned their great reputation for 75 years.

Manufacture the ,

Celebrated EAOL.E DVCKEVG,EAGLE RIFEE, and

DiAmoKD c;rai.\ powj>er.The most Popular Powder in tfee. A.bo,

SPORTING, MINING, SHIPPING AND BLAST

ISG POWDER,

Of all kinds anj descriptions.For sale io all purts of the country. Represented

F. L. Kiieeland,TO Wall Street, NEW YORK.

Oommeroial Oards.

Brinckerhoff, Turner& Co.,

Manutacturert aod Uealan la

COTTONSAILDUCKAnd all kinds of

COTTON CANVAl.. FELTING DDCK, CAR COVIRING, BAOGINU, KAVKN8 DUCK, SAIL TWINES

*C. " O.NTARIO" SEAMLESS UAG8,"AWNING 8TKIPK8."

Alio, Axents

United Slatea Bantlnic Company.A full mpply all Widths and Colors always In stock.

No. 109 Dnane Street.

E.R.Mudge,Sawyer&CoAOKNTS FOR

Waslilnston milK,Barilnelon ^Voolen Co.,

Chlcopoe Jltii Co.,Ellerloii New RIllls,

Saratoga Victory Hlfj; Co.,, ,. H*iy ^"f"'^- BOSTON,43 * <5 Wbitk Stmit. 15 CHiuscaT St.

,PHILADKLPIIIA,

.) W. DAYTON, a:iO Chk8T»uT 8tb««t.

George A. Clark & Bro.

FinanciaL

C^ Co.BANKERS,4 WALL 8TRKBT, NEW TOSX.

Persons kaeplar aoeoanu with as (enrrsney or old'miy deposit and draw as they pl«*s« same as wiuiwtwiiica, snd will b« allowed Interest on dally hskninesoeordlng to the nature of the aoeoiat.Orders for the pnrcbase and sale of stocks, bead

and gold wtU reoetre from as, personally, prompt aad»rernl attenUon. P. O. Boi Lt47.

A. U. KlDDKB. U. W. MClMLLAM, Js. ^

miLW^ARD'S HELIX NEEDLES.I337 and 339 Canal street,

NEW YORK.

Henry Lawrence & Sons,MANUFACTURERS OF

niANILA, SISAL, JUTE & TARRED

CORDAGE,FOR EXPORT AND DOITIESTIC USE

GANGS OF RIGGING MADE TO OUDKK,

192 FRONT STREET, NEW YORK.

JEWELL,HARRISON& COMPANY.

PURE LARD PACKED FORAEE CEIMATES.

PROViBlON DEALERS AND MANUFACTLrRERSOi' LARD OIL AKD STKAEINK.

ESTABLISHED 1S41. NEW YORK.

Financial.

McKim Brothers & Co.BANKERS,

4T XPall «tr««t. Neisr York.

Security Against Fire and Robbers.

Central Safe Deposit Co.No. 73 West 23a Street,

(Masonic Temple Building.)

SAFEKEEPING OF VALUABLES under gnsran.tee. Pilvfltc oJllees for Ba-iks and Bankers out of thecity, beparatc rooms tor I.any I'Mtrou.^

ElLWODI) E. TlloUNE, President.Oflice hours. 9 A. M. to 6 P. M.

fUJE

OF THE CITY OF NEW VORK,con. EBOADWAl' ± WABREX SI.,

PAID-VP CAPITAL, $1,000,000.Invested In United States Government Bonds.

Favs THREE PER CEST Interest ptr annum onDepovlts siitdecf to check at Mght.Pni/s I OUR PER CEST IntereH p*r onnitm en

special deposits remainingMx montha or ItfM^sr.Acts as Trustee for estates.

D. K. MANGAM, President.JOHN C. CRUIKSHANK, Secretary.

Union Trust CompanyOK !»KW TORS,

No. 73 Broadway, Cor. Rector St.CAPITAL,

ONE niLLION DOLLARS,INVESTED IS UNITED STATES BOHUS.

Auttioi Ized br law to act as K xreotor, Adnlalrstor.Guardian, Kecelrer or Trottee, and Is a lenl deposttorrfor money paid Into Court or transferrwf to It hr earSurrogatH. * 'Interest allowed on dopotlts, whieh msr be msda

and withdrawn at any time.N. U—Checks ot I)ei>o«liors on tkls Institution pass

through the Clearing llonso.^

EDWARD KINO, Prosldestt.J m. nicLEAN, Firat Vice-President.,WM. WHlTEUKKillT,

Mo<'<>nd Vice>PresldeBt.EXECUTIVE COMMITTEE.

J. M. HoLxtN, Pamuol WiLLrrs.g- H. HCTTO.N, Wll. WDtiaWBIoaT.B. B. Wi>i.aT, Geo. Cabot Ward.O.G. Williams, TuioooaK Roosavatr.

J. H. OCILVIB, Secretary.

The Brooklyn Trust Co.Cor. ot Montague A Clinton sts., Brooklyn, K. T.

CAPITAL, tSMffOO.

This Company U authorized by special charter to actas receiver, trustee or Ruardlan. •

It can act as ngeut In the itale or management of realestate, collect Interest or (iirldenda. receive registryand transfer books, or iiiHke .purchase and sale of Oo^ernment and ether »ecurlties.Religious and cbarluble InstltoUoBs, and pessOM

unaccustomed to tne transaction of business, wUlSathis Company a safe and convenient deposltotr formoney. RIPLEY RDPES.Presfdent.

CRAB. R. MARTLNiVice-PreakEoeAB M. CCI.I.XV, CoaoseU . «,»

TRUSTEES*J. S. rtockwell, Henry Sanger,' Alex. McCve,John P. Rolfe. Chas. P.. Marvin, A^ A. Low.Thomas Siilllvao, Al>m. B. Baylls, 8. B. Chittenden.H.E. Pierrepont, Dan'l Channcey, Edward Harvey,John Halsey, Joslah O. Low, James D. Flak,

Alex. M. White,wm. R. BTrtlKKR, Recretanr

Railroad Material, &,c.

PHELPS,DODGE & CoCLIFF STREET,

Between Johji and Fultoo, . Keir Y«rlc»

IMPORTERS AND DEALERS IN

Tin & Roofing Plates,OF ALL SIZES 4ND KI.NDS.

PIG TIN, RVSSlA SHEET IRO:!',

CHARCOAL AND COUHOX SHEET IRON

LEAD, SHE NT ZINC, COPPER,Spelter, Solder, Ahtlinony, lie.

.MANUrACTUKERS OF

COPPER, BRASS AND W^IRK.

Wire Rope.^ .,-^ STSKL, CHARCOAL, sad

? "iB.-^^ B. B. Of the very beat qaallty

I suitable for Ships, Blgglnc

Isaspenslon Brtdgse, Onyt, 0«r

Irtcka, Inclined Flaacs, mIbIbc

'Hoisting Purposes, *e. ALarge Stock constantly 'oa

'

hand, froji wnicn aay desired

lengths are cat.

JOBff XT. niASON * CO.,

4S Broadway, NtT» T«rk^

Page 30: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

THE CHBONICLE [Jure 10, 1876. "^

Railroad Material, &o.

Ma •. naaaoT. HaasT M. bakxb. iobh s.babuss

J.S. Kennedy & Co.,

ANKBKS AND AIERCHANTS,« CSOAR, COR. WILLIAM ST..

Ne«r York.

B07 and Mil Kallroad Isveetmest Becsiitlei.

Iwt Coapoo* and Oividendi. XegotUte Loan*

dmr BlUa of Exchange on Losdon.' AteatM oT tbfl

CAHBRIA IKON COMPANT«r JOHKSTOWi), Fk., for the aale of their IRON an

BTBEL RAILS.All bastnwa ra'.atlne to the Conatrtictloo and Eqai;

vi«nt of Ballroada tm lertaken.

Morris, Tasker & Co.,LIMITED

Kaaeal Iron Works, Philadelphia,•elmarare Iron Co., Newcastle, Del.

MAXDFAOTUBERB OPlAPWELDED AMERICAN CHARCOAL

imON BOILER TUBES,WEOUGHT IRON TUBES & FITTINGS

of evCTy defcnptlon, for Gas, Steam, Water andOil; Steam and Gas Fitters' sappliet. Machinery

for Coal Gas Works. Cast Iron Waterand Gas I'ipe.

ni^OV'KD SUGAR MACHINERY, Ac, &c.

OFFIi E.

S09 South Third St., Phllad'lph'a.OFKICIS AND WAI:EHUU>*»:

H*. Ifi fiOLO KTKEKT, NEW VORK.No. 30 OLIVER SI'., BOSTON.

.BOBDKH. L. N. LOTILI

Borden & Lovell,cen.vissioN aierchants

70 Sc 71 West »t., New York,

AGKKTB FOR

BORDEN niNING C0:TIPANV,

CUMBERLAND COALS.

VAI.I. RIVER IRON WOKKSCOn^VNAILS, BANDS, HOOPS AND RODS.

•a.D COLONY STEAMBOAT CO..

FALL RTVEr IJVF S-rPiVIKRi.

MANCUEhTER

Locomotive Works,MANUFACTtTRERS OF

X>«e«aiotlT'eB, Slatlouary Steam En-Kimes, and Touts,MANCHESTER, N. H.

ARETA8 BLOOD, W^. U. MEANS,Bapcrlatendent TreaeurtT,

MancneMer. N. H. 40 Water ;ieet, Boaton.

Miscellaneoas

rSE THE CELEBRATED

Ocean SteamBUpe.

OR Liverpool,(TIa <lneenstown)

CABBTING THE UNITED STATES MAIL.

TU E8D A T.LEAVING PIER No. M NORTH RIVER, as follows :

.VKVADA June 13 at 10 A. M.Sl*',V."!l?A^'' J^^oe SO- "t 8 !" M..TJ.V."'^<* J-ly4,at 4 A.M.lOAHJ Jal, 18. at Si-.M.

RATES FOR PASSENOKR3 REDUCED.Steerage, 136; Intermedlaf, $10; CRhin,»65 to »S0,

according 10 state room, offlces. No. ti Biuadway,

WILLIAnS & CITION.

iSTEEL PENS.

Vor Sale hy all Dealers In Stationery,ITWE the convenience of those who may wish to

" try them, a

I SAMPLE CARO I

Onntianlng one each (,f the Fifteen NumbersoT these Pens, will be sentb^mliUiirreceipn)?afsneaty-flye Cents.

ITISON,BLAKEMAN. TAYLOR & CO.,tlZ» and 140 Grand St., N. ¥.

JOSEPH GILLOTT'SSTEEL PENS.

SMI iji all dcateri ihroughcntt tlu World.

O ]« L. Y

Direct Line to France.

Fbe General Transatlantic Company'sMail Steamshipg,

BETWXBHNEW YpRK AND HAVRE.

Calling at Plymouth for the l.nolag of PAfsenget %•

The splendid yesaelB on this favorite route for trieCODtjneut, (belBg mor« soatherly than anv other. ^-

will sail trom Pier .So. 4J North River, foot of BarrowBtrpft. as follf'ws

:

KK\NCK. Irudel e Satur-fay. .lane '.O. 8 A. M.•PE*l'.lRE, Uanr- Satnrday, Jllue n. I f . MB'l. OEItMAiN. Hlciiloux. ..SaiunlHt. June24.8 A. M.CANADA. Kr«ntuM Miturday, uly 1. 1 ». M.L.iBKAuOK, tauifller Baturaay, July 8L 1 P. MPKICE OF PASSAOB 1« GOLD (Including wine.)First cabin, f 120 HUd $110. ac onllug to accomnioda-

•lon. Second ckD'H Vii. Third, |40.Ketnru TlcifetH Ht reiluced rutet>.Stf-erH^je, \i^, with ^upe^lo^ accommodation and

lacladliiiT all iicfepi»ar1es, without extra ch rjr*-.

SieHiiiers marked thus * do not curry steerage pai-seoger..

LOCIS DE BEBIAN.Axent, 55 Broadway.

CuNARD Line.

^-N'lTrCE.—with the view of diminishing thechaLCes of collision, ihe ete^imers of this Hue take a6p*-clrie 1 cour..e lur all eett-iiuti of rbe year.On the outward PasPHge fr.:i, Q-.teen^lown to New

Vork or Itoston. crosslnt: .Meridian of 5'i at 41 Lat., oruoliUDg to the .North of 43. Hii the Homeward Pas-sage, crossing trie .Mendtaj ot SO at 4^ Lat.. or n.>thiugto the North of 4^.

THE BRITISH AND NORTH AMER CAM BOYALMA11.STKA.MSHIPS.

BKTWEEN NEW roKH AND LIVERPOOL,CALLING AT COKE HARBOR.

FROM SKW TOaK. I FKOM .V)- w TOHa.•Rns 1< Hed.. Juue 7 I 'Rns-la Weil , Julv IJScTiliia -^ed.. Ju'ie 14 ! *py'hia wed.. .Inly isAig*-rU iVed.. J'lneDl 1 Algeria Wed.. Julv 26Bj.hi.ia . .Wed.. Juneau B'thiiia Wed.. Aug. 24kOysthilB.... Wed.. July 5' Abystinla Wed., Aug. 9

And every following Wednesday and Saturday IromNew Vor.i.Htaaniers marked * as not carry steerage passengers.Ratis iiF PASsiei.—CahlD, »Si, »luii 1 a null gold

according to accommodation. Tick ts to Pari.*. tl9;gOHl.Kdaitlonal. KelurB tickets on fa-orahle TermsSteerage tickets to and tiom all partt of Europe at

very low rates.Through bills ot lading given for Belfstt, Glasgow,

Havre. Antwerp and other pans on It e Continentand for Medilerrsneaii ports. For freight and cabinpatt^age apply at the Courpany's othce. No. 4 Bowling'*rean: for steerage passage, at 111 Broadway, TrinityBuildJig.

CRAS. S. FRANCKLTN Agent.

Atlas Mail Line.Bl-MONTHLT SERVICE TO JAMAICA, HATTI,

COLO.MKIAandASPlNWALL.aud to PANAMA anciSOUTH PALlFlC PORTS (via A8t>lnwal!.)Flist-class, full-powered. Iron screw steamers, from

Pier No. M. North lilver.For HATTI. CULOMBIA. ISTHMUS OF PANAMA

aid SUUIH PACIFIC POWS (vlaAspinwa.il,ANDES "... JuuizO

i or JAMAICA and HATTI.CLARIBEL June22buperlor Urst.class passenger accontmodation.

PIM, FORWOOD d CO., Agents,No. M Wdl Street

Providence M Stontngtnn SteamshipCompany, between Meiv korkana

Boston.

Reduction of FareBetween NEW TORE and PROVIDENCE to t3Between NEW YOKE and BOSTON to %i.

Stonington Line.FOR PROVIDENCE.NEWPdRT AND BOSTON.The elegant atesinera RHODE ISL.4.ND. NARRA-

GANSETT and sTuSINGTON. leave Pier 33. N. R ,foot of Jay St.. daily (ejicept Sundays), at 5 P.M.Through tictete to [Jtincipai New Euirland points at

RR. depots and llck.-t offices. State-Kooiiis secured atoffices of Wepf''oit l-xpresa Co. and at 3ti3 Itroadway.PROVIDENCE (.INE (dirtci).Steamsnips KLKCTfRA and GAL.-v'iKA leave Pier

27. N. R., foot of Park Place, daily (except Snnuaysi at

Direct connecllon ts Worcester and points beyond.Heights vis eltlier line taken at lowest rates.

D. S. BABCOCE, President.L. W. FILKINS General Paas. Agent.

Publications.

THE

Financial Review(ANNUAL).

1 s y e.

CONTENTS:Financial Retrospect of the Tear-1875—United States Commerce—Bank Movemente- Financial Affairs in Loudon.

.Tlercantllc Failures In 1815.Representative Railroads of the U. S.Railroads In Default.Cnlled Mate Laud Grants.luTestments and Specnla<lou.Compound Interest Table, showing the

accnmnlation of $1 at different rates of annus "

Interest, for all periods from one to fifty years^interest being compounded semi-annually.

Table for Investors.—Showing the rate pelcent per annum realized on securities, purchasedat various prices, ranging from 10 to 300

Stock Speculation.Interest Cost of Carrjlns Stock loOne Day.

The money Market.—Prices o( Call Loanand Prime Commercial Paper, 1870 to 1678.

inovemeiits ol Gold and Sliver—Exports, Imports and Production—Daily Prices of

Gold from ISdS to IS^G.

Furelgu Excliauee Prices 1870 to 18*6.

tJ. S. Government Bonds—Prices I8TO to1816

State Bonds—Prices ISei to 1876.

Railroad Bonds—Prices 1870 to 1876.

Railroad and 711sceIlaneouB Stocka—Prices 1870 to 1876.

Cotton KlDvement and Crop In theL'ulted Stotes, 1874-5.

Cotton wpiui^lns In the United State*1874-5.

V R 1 C B i

In Cloth, • -•..... $2 00Do to Snbecribere of tlie CHnoxicu 1 £0

WILLIAM B. DANA & CO.. Publishbss,

•W * 81 WILLIAM STRKET. N. T.

In vestors'

SUPPLEMENTor TBX

COMMERCIAL & FINANCIALSCHRONICLE.

This Supplement Issued on the last Saturday ofeach month is furnished gratis to all regular sab-

scribersof .he CHRONICLE.It contains a complete exhibit of the Stocks and

Bonds of

STATES,CITIES,

RAILROADS, and

OTHER COMPANIES,presenting full details of each issue, and furnishing _

.

a hand-bouk of information for the use of dealer!

and investors.

One of the principal features of the Supplemeatconsists in the remarks upon the

FINANCIAL CONDITIONdf each State. City, or Company, giving the latent

intelligence in regard to their financial situation,

resources, income, &c.

The remarks, in each case, also embraceAN INDEX

to the pages of the CHRONICLE for a year or morepast, where farther information has been publii^hed.in space too extended for tlie matter to be conceA-trated into the limits ot the SUPPLEMENT.This Sr.pplement is sent to all regular subscribers

of the CHRONICLE, with(/ut extra cliarga.

No single c-ipies are Bold.

WILLIAM B. DANA & CO.,

PCBUsaEBIk

I

fl

Page 31: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

Jun! iO, 1876.] THE CHRumCLE «fi

Insurance.

•* Pay aa joD |[a, net what yon buy,top when yon ehooae."

COMMON SENSE AND FAIR PLATIN LIFE ASSURANCE !

Do not AMurt your Life till you have examinedthe NEW PLANS devleed by SnirPABD UoxANtActuary, for

THK

Provident Savings Life

Assurance Society,

ITESTEUN I7KION BVILDING,NEW YORK.

Guaranty Cn§h Cnpftnl, $135,000,iDvcfted in U. S. Five-Twenty Bond*.

This Soeiily separatit tht Insurance Part 0/ Iht

I'nnnum from the Jleserv4or DfjiosLt Part, vihicb

hitter i? held merely for accumulation.

This Society recognizes f.« PoUey-holder a* owneraf the Reune.This Society, therefore, will either I»rae pollciea

on the. payment of uniform annual premiums, guar-anteeiig aspedfied surrender fa'uefor every year in

cash; (ir ii will fum-ieh the PROTECTION OP LIPBASSURANCE at actual current cost for death claims

and expenses of management, each year by itself, re.

neaable at the close of oay year without further

pteiUeal examination.

These Plans are Indorsed by leading Actuaries

and State Commissioners, and also by the " Society

flyr the Promotion of Life Insurance among Clergy-

men,'' iTamis Brown, President; Howard Potter,

treasurer.

For Plans, Hstea, and Full Partlcatars apply to

THE PROVIDENT SAVING!* LIFEASSURANCE SOCIETV,

WESTERN UNION BUILDING, NEW YORK.GBOEaE WALKER, SHEPPARD H0MAN8,

President. Vlce-Hres't and Actuary

Insar«.noe.

E. S. Bailev,65 WALL STREET

Dealer In

Wilt and marine Insurance atockand Scrip

" 8PEC1ALITir."C»«h paid at once for the ahnve Secarities ; or the

WUI be sold on commiuion, at sellers option

The North British andMercantile Ins. Co.,

OFLONDON AND BDINBVROH.

UNITED STATES BRANCH,S4 W^Ullam, Cor. Pine St., New Tork.

• •10,000,000- - 3,700,000• 13,300,000

Capital paid up • •

Grona Eire HeaerT* <

Met Lllo Aaaeta - •

Total ....... 927,000,0008'osj AMeU held by Board of Management la Kew

xork, $1,600,000.Tie Comp«DT"s actual loaae* by Chicago canflagraHon In 1871 were »1,743,457 81.The Comjiany's uctual losses by Boston cODSajra-

tlon In -.Sn were ISOt.SW 4».^^

Yet the Ompany paid these losses at sight withoaDorrowing or selllug a single dollar of permanent In-sstmenta, continued regalar diTldends to theirSKtckbolders, and at the end of 1879 bad entirely madsPinot lntbucountry,haweTer),the loases of thesetwe conflatratlons and all others, commencing ISItWllh a surplus over IIOUJJOO larger than ever before.

timnSI '"'""• •*' "'• Department alone oyer

„ Fire and Life Assets anttraly diaHnct—the one notlUble for the other.Tbe Company organized A. D. 1809. Commsooed

DDSlDesi In this country A. O. IMT.AzeD'lfi In moat of the prlactpal oltles aad towu

In the l nltei! Slates. —

=

taZRA WHITE, 1:~~

CHAS. S. WHITS, VUaDiMn."'

OFFICE or Tmj

ATLANTIC

Mutual Insurance Co.

New Tors, Jan. M, IS7S.The Tnislccs. !n conformity to the Charter of the

CompiDy, su;>mlt thi fjUowlng Statement of itsaauirs on the aist December, !8:5

:

Preailums received on Marine Bisks,from lat January, lijTJ, to 31st De-cember, 13:i |5,M0.O;i 89

Prcmldnis on Policies not marked olT

1st January, is:5 2,4VS,S7a 87

Total amount of Marine Premlnms.. $),2jS,391 75

No Policies have been issued uponLife Risks ; nor npoa Fire discon-nected with Marino Risks.

Premiums marked off from Ut Janu-ary, 18:5, to SIst December, 1875 ... S8,133,I3« 86

Losses pad during the

sameperlod $S,7»,058 06Returcs of Premiums andExpenses. .$1,317,4)7 S6

The Company his the following Asset*, TitsUnited States and SUte of New YorkSlock, City, Dank, and other Stocki.$10,314,»40 00

Loan) secured by Stocks, and otSter-

«ise 1,514.30000Seal Estate and Bonds and Mortgages SS7,000 COInterest' and sundry Notes and Claimidue the Company, estimated at 451.037 9J

Premium Notes and Bills Receivable. . 1,076,360 £0Cash in Bank.... S«3,40i 40

Total amonnt of .iueta $16,019,9 lO 8i

Six Per Cent Intereat on the oatitsndlngcertiflcatcs of profits will be paid to the holdersthereof, or their lejil representatives, on and after

Tuesday, the 1st of February next.

The outstanding certiflcatea of the Issue of 1873will be redeemed and paid to the holders thereif,

or the r \c^a\ representatives, on and after Tuesday,the Ist of February next, from which date all Inter-

est thcroon will cease. The cert Iflcates to be pro-

duced at the time of payment, and cancelled. UponcertiScates which were Issued tor gold premiums,the payment of interest and redemption will be In

gold.

A DiTldond or Forty Per Cent. Is de-

clared on the not earned premiums of the CompanyTor the year endln? 3ist December, 1875, for which

certifl^ates will bs Issued on and after Tuesday,

the 4tb of April next.

By order of the Board,

J. H. CHAPnAN, Seeretarj.

THCSTEBS.J. D. Jones,

Charles Dennis,

W. H. H. Moore.

Henry Coit,

Lewis Curtis.

Charles II. Russell,

Lowell Uolbrook.

David Lane,

James Drycc,

Danl'!l S. Miller,

William Stargls,

Joslah O. Low,William B. Dodge,

Royal Phelps,

Thomas F. Yoonga,

C. A. Hand,

James Low, '

Jolui D. Hewlett,

Oordon W. Btimluin,

Frederick Channcey,

Cbarlaa P. Burdett,

Trancis Skiddy,

Bsbert B. Hlntnrn,

Chvles H. Marshall,

George W. Lana,

Robert L. Stuart,

James O. Da Forest,

Alexander V. Blaka,

Charles D, Lerericlu

Adolph LemoyotbAdam T. Sackat^

Horace Gray,

Edmund W. Corllei,

John Elliott,

Samuel Hutchinsoii,

William U. Webb.

Zataraco*.

PHENIXInsurance Company

OF BROOKLYN.Office, Weatarn UdIod Telegnpb Boildlaf

,

Hroadwar, Cor^Der Btraat, N. I.

ASSETS, Jan. 1,^«, «a,S40,MS 77INSURES COTTON A0A1S8T LOSS BT Fm,

OVERLAND BY RAILSOAD, and Mutaa kiSteamers to Enrope.

Agencies in all the Principal Cities to lb« V. ilSTEPHEN CHOWELI. '

WILLIAM R. CROWELL, bccretary.

Cotton.

Ware, Murphy & Co.,

Cotton FactorsAND

QEXERAL COMMISSION MERCHANTS

COTTON EXCHANGE Bl'ILDIK«,

NEW TOBK.Special attention paid to the axecWIoi of ardase

for the purcbaae or sale of contracts for fiitai*

delivery of cott)n. Liberal advances mate en eaa-

•Ignmenta.

H. Tileston & Co.,COTTON' BUTEltS A COMMISSION MKIICBAFI*

60 Stone Street, New York.(IrdAi^ tri KiTturen fxeculeo at S. V Cott<>u JLacaaapSk

Sawyer, Wallace & Co.,COTTON FACTOB8 ft COUMISSIOS MEBCBAklllL

47 Broad Street. Nrw York.

Eakin, Adams 8c Co.,

OANKBRS ASD COMMISSION MEBCHABTI;

33 Naaaau Street, New Tark.

J. D. JONES, Praaldent

CHABLES DENNIS, Tloe-Pretldaat.

W. B. H. UOOBB, Sd Vice PtmUML

W. C. Watts & Co.,

31 Brown'a Bnlldlnxa,

LIVERPOOL,solicit consignment of COTTON and orders fortke

purchase or sala of fuluxa shlpmeau or iailseilai

Advances mads on eonslgnnents, and all Intermsltaa

allorded by our frien>is, Messrs. D. WATTS ft Co^UStons street, Kew Tork, and Messrs. D. A. OITka *SUN, 44 Baronna Street, New Orleans.

Wm. E. Rogers & Co.,19 South William Street,

HEW YORK, "I

conmissioN nEBCHAiv«s»si>vi.>icae vaoi croa cottox ooxsiaarao i«

'

neaaara. J. N. BEACH * C*.,LIVERPOOL.

McAlister & Wheless,corroN

oonmssioif mbbcbaiitsNASBVILLK, TBNNBS»B&

Special altantlou alvaa to SpUuiera* ordasa. rasiaipondenoa soUcite>iTMaraBBaaaa.—Tblrd aad Foarta r"tnaal kaakk

and Propri ators of Taa CaaoinoLa

Lamkin & Eggleston,

Cattok Fkcf*r«,

tick»bcbg. Bias.Ordaii to purchase Cotton la our o:a>kat aa:Mtad

Ba<ar to Maaars. NOBTOB aLAPOHTZk * IXVVawZora.

Page 32: June 10, 1876, Vol. 22, No. 572 - FRASER · E. y) AMI xmm HUNT'SMERCHANTS'MAGAZINE, REPRESENTINGTHECOMMERCIALANDINDUSTRIALINTERESTSOFTHEUVITEDSTATES VOL.22. NEWYORK,JUNE10.187a NO.572

Titt THE CHRONICLK [June 10, 1876.

Ootton.

, Abkaham & Co., LlHMAM. DURB A Co.New Orleane, lA. Uontgomery, AU.

LEHMAN BRO'S,

Cotton FactorsAND

coninissioN hierchantstS8 Si 135 PEARL STHKKT,

New York.Ordera ezecnted at the Cotton Mxchacges In Kew

Tork&sd Liverpool, and adTances made on Cottonad otber produce consigned to ns.or to our cor»e-

apondeata In Liverpool, Mesera. B. Newgass & Co.And Meeare. L. Kosenhelm & Sons.

Kremelberg & Co.,NEW YORK.

J. D. Kremelberg& Co.,

Kremelberg, Schaefer & Co.,NEW ORLEANS.

Kremelberg & Co.,LOUISVILLE, KY.

COMjniSSION lUERCHANTS.

Woodward & Stillman,SEAMEN'S BAKE BT7ILDINS,

Ho*. 74 & 7« W^all Street, New York.

Cotton FactorsAND

Cleneral Oommluloii nerchantfi.

Special attention paid to the ezecatlon of orders for

tkepuTchaae or sale of contracts for lutnre delivery

of cotton. Liberal advances made on consign

menta.

Henry Hentz & Co.,GENERAL

COnmiSSION nSRCHANTS,S HaaoTer Street, New York.

t ^ Advancea made on Conslgnic^nts to

Measm. JAmRS FINLAY & CO.,

LIVERPOOL, LONDON AND OLABOOW.

Also execute orders for Merctandlie throngh

: n«aar«. FINI.AT, nviR & CO.,

CALCUTTA AND BOMBAY.

FutukK CONTRACTS FOB COTTON bought andOld on uoBunlstlou In New York and Liverpool.

L. F. Berje,

COTTON BUYER AND COMMISSION MERCHANT,

^ NE1V ORLEANS, LA.

J. C. Johnson & Co.,•OTTON BUYERS FOR MANUFACTURERS,

IHBinPHIS, TKNN.

A. M. SCARBBOUGH,Memphis.

L. A. SOABBBOrOH,Galveston,

A. M. Scarbrough & Co.,COTTON BUYERS,

ssa rnoNT street, aa» 8tra:?d,

MemybU, Tenn. Galveiton. Tex.r.- -_!

Irvine K. Chase,

COTTON BIITER,HaabTllle, Tenneaaec,

Cotton.

A. L. Richards,

Shipping and Cominliislon ITIercIiant

A.ND

COTTON FACTOR,

No. 39 BROAD STREET, NEW YORK.

Orders executed at the Cotton Exchange, and ad-

vances made on consignments of Cotton and other

Pi-oduce, and upon shipments to correspondents In

Liverpool.

Bliss & Bennet,

GENERAL

ooraniissioN merchants,121 Fearl Street, Neir York.

Special attention given to the execution of orders

for the purchase or sale of Contracts for Future

Delivery.

ALXXANDXB HAITLAND.BOBKST L. liAZTLAKD.

L. P. 8. HACLBHOSI

Robt. L. Maitland& Co..

No. 4S BROAD STREET, NEW YORK.

Cotton Factors,Tobacco and General Commlavlon

merclianta.

Advances made on Consignments to

LONDON AND LIVERPOOL.

Robb & Peet,BANKERS AND COUHISSION MERCHANTS,

No. 58 WrALL STREET,

New York.

Advances made on Consignments. Special attention

paid to purchases or sales of " Cotton Futures." Bills

of Exchange on the CITY BANK, LONDON, and

HOTTINGUER & CO., PARIS.

BLOSS & INCHES,COTTON FACTORS

GE^fEBAL COMMISSION MERCHANTS

138 Pearl Street, New York.

Knoop, Hanemann & CoconinissioN merchants,

Sa XXCHANQE PLACE, TXZW YORK.

Hocns mMancbester and LlTOrpool,

DEJERSET & CO.

Cotton Ties.SOLE AGENCY IN NEW YORK FOR THE SALE

OF THE

CELEBRATED « AREOW" TIE,MAlfTjrACTrRKD BY

" Tbe American Cotton>Tle Company.Limited,"

LIVERPOOL. ENGLAND.S. M. SWENSON,

80 Wall St., New York.

Williams, Birnie & Co.,COMMISSION MERCHANTS,

65 Beaver St. tc 20 Excbance Place,GEO. W. WILLIAMS & CO , 1

Banl&ers & Conimisgion Merchants, > NEW YORKCHAELESTOH, 8. 0. >

Liberal advances made on consignments of Cotton.Orders executed at the Cotton Exchiinge lor the pur-cbase and sale of contrasts for future delivery.

Cotton.

THE PACIFIC OUANO CO.'S

"Soluble Pacific Guano'ijAND -^

Compound Aeid Fliospliate of Lime*The eupertor excellence of these prodticts of tti»

PACIFIC GUANO €0. have been bo succesHfiiHjdemonstrated during the past t«n years, <;n cotton^corn, tobacco, snpar cane, garden vf'Kir.iMcs anaflowers (tlie CoiMi)Kny'H eales havinj? cxr. i -icil th©enormous aKtjrrgate of 36,000 tons in a sin-:;- Masonj,that atlerillon 1b speciaHy called to it lu tliia Centen-nial year. --,

It 18 rich In Bone Phoephate of Lime, finely grotmi(a lafRC portion of which is Immediately soluble^Ammonia and Potash, besides other iugredients valua-ble as plant food.Manufactured at the Company's Works. "Wood's

Holl. MaBB, and Charleston, S. 0., under the super-vision of competent Chemists.

Sold In extra strong Bags, 200 lbs. eacb

OVfiB 5«000 SO&iD OFT ^fJERfiOT T 'S

Hi ND AND HORSE-POWEE PRESSESThey heve a world-wide reputation aid aanperlorlty

OTBi all others tor balms Hay. Codou, Rags and aj]other Kinds of material. For prlce-lUl and full latt-maUoii call on or address tbe manufactarers

INGEKSOLL dc BALSTON,GREENPOLNT (City cf Brooklyn). L. I

Edward H.Skinker& Co.coininissiON and

COTTOX MERCHANTS,97 Pearl Street,

NEW YORK.

Babcock Brothers & Co.,so Wall Street, New York.

MEUCHANDISK DEPAKTMENT.Orders executed at the Cotton Exchanges In New

York and Liverpool, and adrances maue on Cottonaud other Produce consigned to them or to their llimabroad.

B. F. BABCOCK ts. CO.,LIVERPOOL.

Moody & Jemison,BANKERS• AND

General Coninil«ition nerchanta.123 PEARL STREET, NEW YORK,

Will kee^ accounts with Country Banks and Itankeri.jmake collections, Usue ceiliflcates of Deposit, and|

attend to the sale and purchase uf Bonds, Stocks.Coin, &c.

Particular att' ntlon Riven tothceieontlon of ordert]

for future cobtracls and the purchase of merchiindlse

JEWELL,HARRISON

I

& COMPANY,conmissioN and

COTTON nERCHANTS.ESTABLISHED 1841. NKW YORK

Miscellane ous.

^TNAInsurance Company

OF HARTFORD.

CAFITAI., - $3,000,000 00Assets, Jan. 1, >7« - $6,792,649 9SUabUUies .... $246,365 50

BRANCH OFFICE, 173 BROADWAY, V. T.

JA8. A. ALEXANDER, Agent.

I

Liverpool &London & Globe

Insurance Company, *'

. 45 William St.

Assets, $28,4.25,160 92I

In the U. S., $3,000,000