HUNT'S MERCHANTS MAGAZINE

REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES

VOL. 31. NEW YORK, OCTOBER 2, 1880. NO 797.

financial. Financial. Financial.

JOHK 8. ElNITKDr. J. KiNHIDT Tod. Kidder, Peabody & Co., S. Kennedy & Co., J. BOSTON, MASS., Phelps, Stokes & Co., Bankers and Merchants, Cor. Wall and Nassau Sts., New York. I. N. PHKLPS, No. 63 JAMK8 8TOKKS, WILLIAM STREET, ANSON I'HKLPS STOKES, BANKERS, Kevr York. FOREIGN B.4i\KEBS. F. P. OLCOTT. BUT AND BELI< 4S & 4T "Wall Street, New York. CABLE TRANSFERS, BILLS OF EXCHAKCtl COMMERCIAL. CREDITS, XAILSOAD INVESTMENT SECURITIES; and CoLLXCT Coupons and Ditidbnds ; Commercial and Travelers' Credit*. States, Cuba, &c., In Dollars for use In United NEGOTIATE LOANS AND DRAW BI^LS OF n Pounds Sterling, available In any part of the world. EXCHANGE ON LONDON. CORItESPONDENTS : Alio, TRAVELERS' CREDITS and All business relating to the Construction and BARING BROTHERS St CO., L.ondea. Equipment of Railroads undertaken. CIROCII.AR NOTES; PERIER FRERES & CO., Pari.. MENDELSSOHN ds CO., Berlin. Kountze Brothers, Banque BANKERS, Wood & Davis, Centrale Anversoise, 130 Broadway (Equitable BnUdlnff)^ HANKERS AND RROKERS. NEW YORK. 31 Pine Street, Nenr York. GOVERNMENT BONDS. MUNICIPAL AN« Antwerp. liETTERS OP OREBIT RAILROAD SECURITIES BOUGHT AND SOLD ON COMMISSION. AND CHOICE RAILROAD MORTOAOK BONDS FOR SALE. Pald-Up Capital, • • 9,000,000 Francs. CIRCULAR NOTES C. D. Wood. Sam'l d. datu. iMttod for the use of traTelera ta BOARB OF DJREOTOHS : all parts of the world. SsiSAS, President. FaUT on the of liOndon Scranton & Willard, Ai.rssD UAQOtNAT (Orair& MsqnlnaT^ Vlu-Pras Bills drawn Union Bank J. B. YOH KXK BiCKK (U. Von der Becke). Talegraphlo transfers made to Ix>ndon and to 72 BROADWAY AND 13 NEW STREET. Otto Gunthbr (Cornellle*Davld), rarious places in the United States. PRIVATE WIRES TO SuUt DC QiTTKh. Deposits receired subject to check at sight, and In- Hotel, Cumberland. Delmonleol.. As. FliNl ( fTAnt, Model A Cle.) Windsor Auo. NoTTiB )HM (Nottebohm Freres). terest allowed on balances. OUsey House, Pblladelphla. (Mlchlela-Loos). Fb. Dhahis and other honda and inrestment se- GRAIN AND PROVISION DEPARTMENT Job. Daw fobrmahh, Jb. (Job. Dan. FnbimaBB). OoTernment Lotns WiBBB (Kd. Weber ^k Cle.) onritles bought and sold on commission. UNDER CHAROS Or Im^mm iudtucstba.doh (C. Sdunld * Cle.) Meur.. L. G. QUINLIN Ke Telegraphic Uraw Bills ef Exchange and Iirae Letters oi Credit Pald-op Capital, 36,000,000 Florins. Pblladelptala Paris. s all principal cities o Kurope. ($14,400,000, Oold.) DOMBSTIC AKD FORKiaN BANKERS. SPECLAL PARTNER. Execute orders for the purchase or sale of Merchan- dise, Bonds, Stocks, and other securities, In the to Draft. Securities, OoW, OKUTSTHB BANK, Berlin. DeDO»lt« receiTBd lubject United States, Europe and the East ; make Collectloni lntere«t alloweO *0.. bought and lold on Commlaiion. buy and sell Foreign Exchange, and give advances an Deposits. Foreign Kxchange. CoBoioerclaJCredlU. upon Merchandise for Export. Circular Letters for Travelers. cSwe Transfers. Hilmers,McGowan & Co OLIVER 8. CARTER, ) Agents •TalUble In all parts af the world. STANTON BLAKE, > for E. UAWLEY, America AQBNTB OF BROKERS IN HENRY J ATT0B«»T8 AMD N«w YOBK, January 1, 1S79. J. 8. mORGAN & CO., ISeMrs. Foreign Exchange, Stocks and Bonds, Office, 143 Pearl Street Ne^v York. No. »a OLD BROAD ST., LONDON. 63 'Wall Street, Neiv York. Brothers & Co., Special attention paid to orders at the New York Adolph Boissevain & Co. Brown Stock Exchange and New York Mining Board. No. 69 WALI. ST., N. ¥., BANKERS BUT AND 8KLL Canadian Banks. ANP BIL,I.S OF EXCHANGE coniinissioN merchants •ON GREAT BRITAIN AND , FRANCE, OBHMANY, BELGIUM AND HOLLAND. Merchants' Bank AMSTERDAM, HOLLAND Commercial and Travelers' Credits OF Issne N. T. Correspondents.—Messrs. BLAKE BROS. * 00 I]f SIHRLINO, CANADA, AVAILABLE IN ANY PART OF THE WORLD. Guadaloupe. Nederlandsch Indischc And In Franca, In Martinique and Capital, $5,500,000 Paid Up. JIIAKBTKI.KGRAPIIIC TBANSFBR8 OF inONKY President, the Hon. JOHN HAMILTON. Handelsbank, through London 'Between this and other countries, Vice-President, JOHN McLBNNAN, ESQ. and Paris. AmSTERDAia, HOLLAND. .afake Collections of Drafts drawn abroad on all HEAD OFFICE, nONTREAIi. ESTABLISHED IN 1863. poInU In the United States and Canada, and ot Drafts drawn in the United States OEOROE HAGUE, General Manager. Paid-up Capital, 13,000,000 Gnllders on Foreign Countries. Gold.) WM. J. INGRAM, Asst. General Manager. ($4,800,000 S. G. & G. C. Ward, BANKERS: HEAD OFFICE IN AMSTERDAM. Clydesdale Banking Comp'y. Agencies Iw Batavla, Soerabaya and Samarang AexHTs ros LONDON, BNG.—The NEW YORK—The Bank of New York. N. B. A. Correspondents In Padang. sells Sterling Ex- VARING BROTHERS dc GOmPANT, The New York Agency buys and Issue commercial credits, make advances on ship change, Cable Transfers, Issues Credits available In of staple merchandise, and transact othef 63 WALL STREET, NEW YORK. all parts of the world, makes collections in Canada ments and elsewhere, and Issues Drafts payable at any of business of a financial character in eonnectioD with STATE STREET, BOSTON. bank in Canada. Demand Drafts 38 the ofBccs of the he trade with the Datch Bast Indies. Issued payable in Scotland and Ireland, and every description of foreign banking business undertaken. BLAKE BROTHERS & CO., Seligman&Co., Nexnr York Agencjr, 48 ExctaaDKe-pIace. &W. AOBirrs FOB North Ahssica, j J. HENRY HAGUE. ) •*«e°ti..„„,, BANKERS, JOHN B. HARRIS JB., 5 U WALL STREET, NEW YORK, 28 STATE STREET, BOSTON 69 EXCBIANGS PI.AOB, Bank of Montreal. OORNBS BROAD 8TRBKT, SBW TORK. Hong Kong & Shanghai

fggne Letters of Credit for Trarelers, CAPITAI., - $13,000,000, Gold. BANKING CORPORATION. (paid-up) »5,000,000 SURPIiVS, - 6,000,000, Gold. CAPITAL Parable In any par of Borope, Asia, Atrloa, Anitralla RESERVE FUND 1,600,000 ftnd America. HEAD OFFICE, BONO KON». GEOKGE STEPHEN, President. Draw Bills of Exchange and make tele(raphl« trans. The Corporation grant Drafts and negotiate or General Manager. I^n of money on Borope and Cklitonta. C. F. SMITHEB8, collect Bills payable at Bombay, Calcutta, Singapore, Saigon, Manila, Hong Kong, Foochow. Amoy, YORK OFFICE. Ningpo, Shanghai, Hankow, Yokohama, Hiogo, San NEW Francisco and l^ondon. Munroe & Co., «rAI.L, John No*. 69 dc 61 STREET. A. m. TOTFNSEND, Asent, 69 \rall St. No. 8 TTall Street, New York, WALTIH WATSON. ! Agents. No. 4 Post Office Sqnare, Boston. California Banks. Boy and sell Sterling Exchange, Francs and Cable CHEQUES AND CABLE TRANSFERS ON Credits Transfers ; grant Commercial and Travelers' &. niVNROE CO., PARIS. available In any part of the world ; issue drafts on The Nevada Bank •TXBLmO CHEQUES AND BILLS AT SEKITT and make collections In Chleago and threughout OF SAN FRANCISCO. DATS' SIGHT ON the Dominion of Canada. AI

' attention to Gold HANCBESTER dc COUNTY BANK, No. S3 IVALL STREET. graph and Cable. Gives special "LIMITED;" and Silver Bullion and Specie, and to California Cable Trans- Buy and sell Sterling Exchange and Collections and Securities; and arranges to pay MANCHESTER, PAYABLE IN LONDON ; Ireland, fers. Issue demand drafts on Scotland and Dividends on such securities at due dates. IJIiSTER BANKING COMPANY, also on Canada, British Columbia, Portland, Oregon, Bankers, London, SMITH, PAYNE & SMITHS, BELFAST, IRELAND San Francisco and Chicago. do do UNION BANK OF LONDON, iJfD ON THS Bills collected and otber banking business trans- do New York, BANK OF NEW YORK,N. B. A. acted. D. A. MCTAVISH,) .„._,. NATIONAI. BANK OF SCOTI.AND, -^Se^ts. do do Ahebican exchanoe Nat. Bask W. LAWSON, J EDINBURQ, AND BRANCHES; AI.SO, THE UABLE TRANSFERS AND LETTERS OF CREDIT Imperial Bank of Canada Anglo-Californian Bank Capital, $1,000,000. (LIMITED). H, S. HOWLAND, President; D. R. WILKIB, Cashier LONDON, Head Office, 3 Angel Ckiiirt. HEAD OFFICE, TORONTO. SAN FRANCISCO Office, 422 California St. BBAifOHUB: NEW YORK Agents, J. EP081TS subject to Approved Canadian business paper, payable In gold Bonds, eheck. or currency, discounted on reasonable terms, and able terms. FRED'K F. LOW, iManaimrsManagers. WILLIAM B. HATCH. proceeds remitted to any part of the United States by ION ATX STBINHART. f THOMAS H. BOUDBN FRANK JENBIINS gold or currency draft on New York. P. N. LIIilKNTHAL, Cashier. . : : .

October 3, 1880. J THE CHKONICLE. m

BoitoH Bankers. Financial. Financial. Geo.Wm.Ballou&Co BOIVDS OF SVRETYSaiP FIDELITY (JUARANTEB BUNDS For Officer* and Employee* of Bank ARE ISSUED BT and Railway*. TUX BANKERS, FIDELITY & CASUALTY CO. "7% DeTonKhIre St., No BAKK OR Railroad employee Need ask bis 14 W*I1 Street, Friends to Become ur Continue Uis OF NEW YORK, Sureties, the NBW YOBK. BOSTON. A8 Guaranteeing the BdelltT of persODl holding posi- tion, of pifcuniarjr truiil and re«poniilbllllr, thvu securing a Canada Guarantee Co. colll'oIlATK (;|JA RANTKK In Ifi-u <,t Deposits Riciivid and intkbkst allowid. Bcrsiinal bond where .ecurllr Is required for tlM GRANTS BON'OS OK RECURITY KoR ALL faithful performance of the dulln of •mploree* In MUNICIPAIi BL10IBr,K MKN IN SIJ stockholders of record Sept. 20, Southern Bankers. Allow interest upon deposits subject to check 1880. New York stockholders will be paid at the at sight. Union Trust Company, 73 Broadway, New York, and Receive accounts of Banks, Merchants and Boston stockholders at the Company's Office, No. 44 others upon favorable terms. Wilson, Colston & Co., Equitable Building, Boston. Stock books will tie BANKilKS ANi> CHOKERS, closed Sept.20 and be re-opened Oct. 2. HENRY MOFARLAND, Treasorer. BALTIKiORE. R.T.Wilson & Co., UNION TELEGBAPH INVESTMENT and VIRGINIA BKCURITLBB a BANKERS AND COMMISSION MERCHANTS, WESTEBN •peclaltv. COMPANY, New York. September 8. 1880. 2 Exclianee

IV THE CHRONKJLE [Vol. XXXI.

Financial. Financial. Financial. DIVIDENDS ON rpHE INTEREST AND FOR SALE : -'- Stocks aod Bonds are payable at First Mortgage the followlDK LimiTED ABIOI/'NT OF the Banking Uou«c of Messre. W1N8L0W. LANIER A & CO., corner of Nassau and Cedar Streets, New WABASH ST. LOUIS & PACIFIC SIX PER CENT LAND GRANT SINK- Toi* City, on and after October 1. 1880: Atla< Engine Works. Indianapolis, Ind. RAILWAY COMPANY ING FUND GOLD BONDS First Mort(raBe8a. CENT dnclnnuti Hamilton & Dayton Railroad Co.— SIX PER GENERAL nORT- OP TH* First Consolidated Mortnafre Ts. GAGE BUI«D»>. First Consolidated Mortaa«e 68. DUB IXayton & MichiKan Railroad Cornpany PRINCIPAL JUNE 1, 1920. 7..,. Oregon Third .Mortuase Interest payable in New York June 1 and Dee. 1. Pacific RR. Co. Grand Rapids & Indiana Railroad Co.— First Mortgage Unguaranteed 7s. Principal and interest payable in U. S. Gold Coin. Invite First Mortiaiie I£x-Lund Uraot Ts. Bonds can be registered at the office of the Com- We subscriptions at par and accrued inter- Indiana State— pany, 80 Broadway, New York. est for the above-named bonds to the amount of Five-twenty 58. TRUSTEES: »3.250,000. Indianapolis, Indiana^ They bear date O tober 1, 1880, and Sclioolhouso 6s. The Central Trust Co., of New York, and James have 20 years to run, bearing six per cent Interest, Municipal 8s. Series B. B. Cheney, of Indiana. payable semi-annually in New York or London. Pltt«burg Fort Wayne 4 Ctalcaco Railway Co.— Price, 96 Per Cent and Accrued Interest, A First MortgaKe 7s The land grant contains over 900,000 acres of Second Mortgage 7s. Subject to advance without notice. most valuable SELECTED LANDS-forest, mineral Third .viortgage 7s. particulars and circulars furnished and agricultural—and Special Stock. IH per cent, quarterly dlTldend. Full on appli- includes over forty miles of cation. Scioto Valley Railway Company- ocean front, and many miles of deep water front Second Mortgage 78. JTESVP, PATOSr &. CO., for docking on Yaquina Bay and Alsea Bay. Stafford Townshl. , Ind.— The mortgage SohoOlhouse 78. 52 IVIIIIain Street. to the Farmers' Loan X Trust Com- pany, October 6. trustee, securing these bonds, covers the entire land grant and other real Pittsburg Fort Wayne ft Chicago Railway Co.— OOOD INVESTMENT. estate of the Regular Stock, 1% p. cent, quarterly dividend. company; also, its franchises, railroad, rights of OcroBKK 16. «ay, rolling stock, docks, wharves, steamships, Bath County, Ky.— Railroad Stock for Sale. steamboats, ferryboats, and all other property. Compromise 68. Subscriptions will be payable in Blackford cumnty, Indiana— Pursuant to an order of, and subject to the ap- instalments, be- ^ Turnpike 68. proval of, the United States District Court for the ginning between the 10th and the 25th of Novem- Distric of Mitsouri, there will OCTOBIB 20. Eastern bo sold ber. The public subscription will close on Novem. Bedford, Ind.— (either as a whole or in lots to suit purchasers) at hiijhest her 10. Prospectus of the Railroad Company, our Municipal 6s. public auction, to the bidder for cash. One Hundred and Thirty (130) Shares, fully paid up. of circular and subscription lists will be furnished on Colfax City, Ind- Twenty-five Muuicipal da. One Hundred and ($125) Dollars each, application. in the Booneville '^t. Louis & Southern Railway Comuany, at th« Merchant's Exchange. City of r-t. OFFICE CHESAPEAKE & OHIO RAIL- Louis, on THURSDAY, the 14th day of OCTOBER, New York, New England & Western WAY COMPANY, No. 9 NASSAU STKEEr. New 1880. at 12 NOON. This stock yields about 6 per cent per annum, payable semi-annually, the road York, Sept. 28, ISsfO.—The Coupons due October 1, being leased to the Missouri Pacific Railway Com- INVESTMENT COMPANY, 1880, on the SIX PER CENT BONDS of 1908. seo^ pany for thirty years. -l*'or particulars apply to M. Assignee, Central Savings Nos. A. of the Chesapeake A Ohio Railway Compafly, H. PHELAN, Bank. 31 AND 33 PINE STREET, NEWiYORK. Bankrupt, or to GRISKN LA St. will be paid in cash on and after that date at the 4 MOTTE, both of Louis, Mo. office of Messrs. Fl-K & HATCH, No. 5 Nassau FINANCIAL AGENT. Street. C. P. HU.NTlNiiTON, President. THE I COUPONS OF THE FIRST lUORTGAGE Brittenstene Chicago & Northwestern '^BondBof the CBNTIHL, PACIFIC RAILROAD COMPANY (SAN JOAQUIN VALLEY BRANCH), SILVER MINIVCi COMPANY. RAILWAY COMPANY and of the LAND BO.VDS, due October 1, 1880. will Organised under the laws of the State of New York, Six Per Cent Fifty Year Siniiing Fnnd be paid at the olHce of FI8K & HATCH, No. 5 August 19, 1880. BONDS OF 18W. TKtTSTKES:. Nassau Street. Conpon^bonds of $1,000 and John K. White, Metals, 4R Cliff Street, New York. Registered Certiacates of t5,000 each. C. P. HUNTINGTON. Vice-President. Michael J. Drummoiid, Metals 48 Cliff St , N. Y. FOR SALE AT 10.5 A.ND INTEREST. Richard J. Morrisson, i awyer, £5 .Nassau St., N. Y. Henry F. Brittenstene. Alpine, ChalTee These bonds are the DIRECT OBLIGATION of rjFFICE Co., Col. the OF THE DUBUQUE Jk SIOUX .lohn B. Hcnslee, Mining I'roperties, Leadville, Col. CHICAGO & NORTHWESTERN RAILWAY are st-cured '-'city RAILROAD COMPANY, No. 52 WILLIAM Jeremiah O'Kourke, Architect, Newark, N. J. COMPANY, and by cor.N'.SEL FIRST MORTtJAtJE BONDS BtreBt, New York, Sept. 24, 1880.—NOTICE.- Issued Voorhis i Morrisson, 23 Nassau Street, New York. at not exceeding SI .3,000 per mile of com- A Dividend of THREE (3) PER CENT has this pleted road built and acquireu by tnai company. CONSU'TINQ ENOINBKR : day been declared upon the stock of this company, George Daly, i eanville, Colorado. IViivjiLOH', LANIEiC & CO., RBOISTUAlls OP : payable on the 15th day of October STOCK next at the Mining Trust Company, Boreel Building. New York. Corner Nassau and Cedar SitreetB. office of Messrs. Jesup, Paton & Co., No. 52 William The properties of this company are at Alpine, Street, New York. ChalTee County, Color.idu, and consist of eight mining claims. Mr. George Daly, Transfer the well-kn wn books will be closed on the 80th inst. mining authority of r.eiiavitle, estimates 480,06t) Dominion of Carfada. and re-opened October 16 next. ounces of silver in sight in three lodes alone. Mill- runs average 128-)^ ounces of silver to the ton, and THE FINANCIAL ASSOCIATION OF ONTARIO J. B. DUMONT, Treasurer. speclmen.ores have assayed as high as 23,000 ounces of silver to the ton. is in a position to furnish Investors with choice in- ^AST TENNESSEE VIRGINIA ifc GEOR- A LIMITED QUANTITY OF TREASURY STOCK vestment securities, carefully selected, yielding FOR SALE. and occasionally •. The properties of the SEVEN AND A-HALF, BIGHT GIA RAILROAD COMPANY.-A Dividend of company have permanent value and will repay investigation. PER CENT per annum. Special attention given to For pamphlets anil particulars, apply THREE PER CENT on the Capital at the offices business from the United States. Correspondence- Stack of this of the Company, No. 25 Nassau Street, New York. solicited. Company will be paid October 1. 1880, by R. T. WANTED The Financial Association of Ontario,. WILSON & CO. All kinds of MISSOURI and ILLINOIS DE- FAULTED COUNTY BONDS. Highest market price paid for them. Give full description, and LONDON, CANADA. rj'ENNESSEE COAL & RAII.ROAD CO.M- address, EDWARD LE RUEY, Managing Director. li. A. COaUARD, PANY COUPONS, due 1st October, 1880, will be BANKER AND BROKER, 134 N. Third street, St. LouU, Mo. THE SWANSEA SMELTING WORKS, paid on and after that date by NOTICE. OF DENVER, COLORADO. PARTIES ARE R. T. WILSON & CO. CAUTIONED AGAINST NE- GOTIATING for BONDS numbered 980 to 099. These celebrated smelting works, situated near inclusive, for Five Hundred Doi.ars each, issued OREGON RAILWAY & NAVIGATION by the State of Georgia, in aid of, or for the most important mining districts of Colorado, CilmPaNY, No. 20 Nassau stock Street, New York in, the " Albany & Gulf." or "Atlantic & Gulf " Rail- Sept 18. 1880.- The Board of Directors h^vede: road of together with other local real estate, will be offered clared a Georgia, or for any coapons of whatever quarterly dividend of TWO (2) PER payable Nov. CENT maturity, relating to said bonds. Said bonds and 1 at the offlceof the Farmers' Loan coupons are FOR SALE BY AUCTIO.V, Trust Company No. Jt our prop, rty and payment has been 26 FOxchange Place. New York- stopped. are ready a BO a scrip dividend of We to negotiate for such infor- on the premises, on SATURDAY, OCTOBER 18,. TEN (10) PKU CENT, uaja- mation as will enable us to recover ble at the same and plaie. both said bonds and payable to stock-biock- coupons. WILLIAMS CO., 1880. For particulars apply to the owner, holders of recorrt September 28. & 81 Times' Building, Chicago, 111., "'.'' purpose of preparing for a „/."k Special Meeting Or through WILLIAMS, BLACK & CO., Mr. WILLIAM LAWSON, WiUlamstown, Mass,. Of the stockholders, to be held at Portland OrSI^ October No. 1 William Sireet, New York. 20 (of which special notice will begVvlnb,' Or to Judge E. P. BARMAN, Denver, Colorado, circular etter to stockholders), the transfer books"""»b will be closed from Sept. THE~HOlpToF"drTixAS~CEN-TRA Mr. MILLER TIFFIN, Denver, Colorado, us until Nov 5 X RAILROAD L HORACE WHITE, Treasurer. CO.MPANY. HoCSTOX, TEXAS, Messrs. WARD. CAMPBELL & CO., N. Y. Oty, September 21. 1880.-COUPON8 of the CONSOLI- DATED Mr. JOHN ROEBUCK, 103 Water St., N. Y. City. riKEGON RAILWAY &~NAVIGATTOV EIGHT PER CBN V BONDS of this Com- pany DUE OCTOBER 1. 1880, will be paid by JOHN J. CISCO & SON, 59 Wall Street, New York. /10IIP0NS DUE OCTOBER 1 ON THE AIjUITIONAL E. w. CAVE, Treasurer. NOTICE. ^ FIRST MORTGAGE BONDS of the In compliance with a ruling of the Governimr Committee Of the New York Stock '^rilE ST. PAUL MINNEAPOLIS & MAN- transfer Exchange tSf llTOBA RAILWAY books of the Oregon Railway & Navrration COMPANY.-The Coupons TOLEDO DELPHOS & BURLINGTON due Ociober 1st, 1880, on the Second Mortgag.> Bonds of tills Company will be paid on presentaiion RAILROAD, on and after that date at the office of the company. DAYTON DIVISION, No. 63 William Street. New York. J. 8. KENNEDY will be paid on and after that date at the offices of TJ_1- T Y.NDALE. Assistant Secretary. & CO., Fiscal Agents. GEO. WM. BAI,I,OC ic CO., CAINT lOIJlS SJl.J'I^JiS JJ^^'^V^OUNTAIN & SOl'Tn- ALTON & TERRE Okr.% RAILWAY COMPANY, No. 20 Nassau 14 WALL STREET, NEW YORK. '-"• STREET. NEW YoKK, August 31. '"'' ^ '^^'•'- ST.- NEW YORK, 1880.— SEVEN 72 DEVONSHIRE STREET, BOSTON. Oct.p.fw n 1880.-TO,IS 'I'- the AND ONK-HALl-' PKil CKN 1' INTEREST (being Holders of SECOND MORT- tor liftecn months to GAGE INCOME Jan. 1. 1880 1 on the SECOND BONDS of the ST. LOUIS ALTON PRKI-BKRliD INCOME BONDS OF THE ST. & TERRE HAUTE RAILROAD COMPANY LOUIS IHiiN MOUNTAIN 4 SOUTHERN RAIL- C. Chew, WAY COMPANY, will be paid on the 12th day ""' »'«'^e.named of J. bonds due May I, October next, at this office, to holders of said bonds 1880itS"'?r„°*Will be paid at registered at the No. 7 WALL STREET, NEW YORK, the Company's office. No. 60 closing of transfer books on Sept. Wall Street, on and after 30. at 3 o'clock P. .M. TEXAS KA1I.WAYS, t^aturday, 2d Inst., in ac- 'lVnnsf,r hooks cordance will reopen October IS, at 10 with the or.icrs of U. 8. Court. o'clock A. M. BONDS, LANDS, Ae, by order of the Board W. BAYARD CUTTING, President. of Directors. Desirable Texas Securities iur Investment con- D. W. McWILLlAMS, Treasurer. stantly on hand. . xmtk L HUNTS MERCHANTS' MA.GAZINB.

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES. [Entered, according to act of Congress, In tlie year 1880, l>y Wu. B. Daha & Co., In tbe office of tbe Librarian of Congress, Waslilngton, D. C]

VOL. 31. SATURDAY, OCTOBER 2, 1880. NO. 797.

CONTENTS, KARNIN08 THIRD WEEK OF SEPTEMBER. THE CHRONICLE. 1880. 1879. Inereaie. Deereatt. Earnings of Railroads 339 Imports and Exports for Aug., $ $ ToDDosseo Boudtioldors' Lien and for Twelve Months ended Burl. Cedar Rapids &. Northern. 42,990 35,614 7,376 on Railroads 340 Aug. 31 344 Chicago & Alton 177,111 159,620 17,491 The Eastern Muddle 341 Latest Monetary and Commer- Chicago & Eastern Illinois 33.264 21,717 11,547 Railroad from Moilco to Vera cial English News 345 Chicago Milwaukee & St. Paul.. 292.000 232,514 59,486 Cruz 342 Commercial and Miscellaneous Clhicago St. Paul Minn.& Omahu 33,942 20,913 7,029 " Financial Review of September 342 News 346 Ciucinnati & Bpriiigfleld 17.312 19,911 2,099 Clev. Col. Cm. & Indianapolis . 82,525 92,813 10,288 THE BANKERS' GAZETTE. 91,352 25,922 65,436 Dcs Moines & Fort Dodge 9,159 5,178 3,981 Honey Market, U. 8. Securi- I Oeneral Quotations of Stocks Detroit Lansing & Northern 25,316 28,685 3,369 tics. Railway Stocks, Foreign 1 and Bonds 350 Flint Pere Mar

Total 2,497,494 2,007,056 511,090 20,652 490.438 TERMS OF SUBSCRIPTiON-PAYABLE IN ADVANCE: * Week ended Sept. 25. t Week ended Sept. 17. For One Year (including postage) $10 20. This statement will certainly be considered satisfactory. ForBixMonths do 6 10. Annual subscription in London (including postage) *2 7s. The percentage of increase is smaller than in either of the Sixmos. do do do 1 8s. two preceding weeks, but, in view of the heavy earnings Subscriptions will be continued until ordered stopped by a written last September, is yet very large. It is about per cent, order, or at the jmbticalion office. The Publishers cannot be responsible 24^ for Remittances unless made by Drafts or Post-Offlce Money Orders. against 29 per cent for the second week, and 26 per cent AdTertlsements. for the first week. Transient advertisements are published at 25 cents per line for each The shipments of grain during the period under review insertion, but when delluite orders are given for five, or more, insertions, a liberal discount is made. Special Notices in Banking and Financial continued light, though it is said the movement is some- oolumn 60 cents per line, each insertion. what more free now. In addition, some of the Southern liOndon and lilverpool OfiBces. and Southwestern roads have suflered from the effect of The office of the Chronicle in London is at No. 74 Old Broad Street, and In Liverpool, at No. 5 Brown's Buildings, where subscriptions and the severe rains that have prevailed in Texas all through advertisements will be taken at the regular rates^ and single copies of the month, but especially during the last week, and which the paper supplied at Is. each. have seriously interfered with the picking and marketing yrtLlAiM B. DANA, ) WILLIAM B. DANA jc 00., FnbKahers, JOHN O. FLOYD, JB. J 79 & 81 WiUiam Street, NEW YORK. of cotton. The decrease on the International & Great Post Office Box 4592. Northern is no doubt entirely due to this cause. The

1^* A neat file cover is furnished at 50 cents postage the is ; on same rains, besides obstructing the work of picking, have ren- IScents. Volumes bound for subscribers at $1 20. ISf For a complete set of the Commf.rciai, and Financial Chroni- dered the wagon roads almost impassable, the ground Cve—Jaly, 1865, to date—or Hunt's Mkbchants' Maoazimb, 1839 to 1871, inquire at the office. being saturated with water, so that even where picking was proceeded with, the cotton could not be sent forward. EARNINGS OP RAILROADS. Last year the conditions affecting the early movement

Railroad earnings still continue to make an extremely of cotton were all favorable. The crop was early, and it favorable comparison with last year. Thirty roads have was sent to market with great rapidity. It should be now reported for the third week of September, and as the remembered that at the beginning of the season there are subject la one of great importance at the present time, we no stocks of any consequence at the interior depots and again bring the figures together, and give them below in that everything depends upon the early recoipts. Notwith. the following table. It is hardly necessary to remark that standing the set-back it has received, Texas will yet pro- many of the roads are operating a much heavier mileage duce a larger crop than it did last year, if the weather the than at the corresponding date in 1879. But allowing rest of the season should prove auspicious. for this, there is still, as stated last week, a large margin Considering, therefore, the forces that have been at work left, duo directly to an increase in business. to diminish earnings, and bearing in mind that we are 340 THE CHRONICLE. [Vol. XXXI.

were doing lars, the owners of them join in bringing these actions, comparing with a time last year when all roads very gratifying claiming that the State lien provided by the original act a heavy business, the above exhibit is a was an instrument of security taken for the benefit of one the internal improvement bondholders; that is to say, ON BAIL- TENNESSEE BONDHOLDERS' LIEN that the legislation and action of the State fixed upon ROADS. the railroads respectively a lien not only in favor of the has This week the decision and opinion of the Court State, but also in favor of each bondholder, which latter holders of been made public in an action brought by the State could not by its legislation of 1869-70, and Tennessee Internal Improvement State Bonds, to enforce cannot, discharge. railroads of the a lien they claim to have against the These are, in brief, the facts and question which were of last State. I* will be remembered that in February presented to the Court. Judge Withey, in* deciding pur- year this threatened proceeding was used for the the case, says in the first place (very much as we asserted pose of depressing the stocks and bonds of the roads eighteen months ago) that the issuing of the internal affected. At that time we showed how baseless the improvement bonds was a transaction between the State claim was, aad yet importance was given to it because and the companies solely; that the State made and the names of some prominent lawyers were publicly used agreed to pay the bonds, the company in no degree (whether by authority or not we do not know) as whatever becoming a debtor to the bondholder, or prom- endorsing the bondholders' view. The decision, how- ising or implying a promise to pay him. Consequently, ever wliich is now made public, as above stated, sets the and in accordance with such facts, the lien given is question at rest, for it puts the issue in so clear a light expressly and solely to the State. It was the State that that the complainants will be able to see extremely little the railroad company dealt with altogether. The State appeal. hope of a reversal on dictated the terms and the company accepted them ; the Our readers will remember that the General Assembly terms were (1) that the State should have a lien upon of the State of Tennessee passed, February II, 1852, an the company's property for principal and interest; (2) act kaown as the " Internal Improvement act of the that the interest should be paid by the company to the Stata of Tenaessee," extending aid to railroad companies State at least fifteen days before it should become due; by a loan of State bonds. The State of Tennessee was (3) that the principal of the bonds should be paid by then in good credit, and her six per cents brought a the company by means of a sinking fund provided by it premium in the money markets of the world. The bonds in the State Treasury. which were issued under this act were transferable by Furthermore, there is no declaration of a trust in any delivery, and ran not less than thirty nor more than forty portion of the statute, nor can trusteeship be implied from

years from the respective dates of issue. They were any section of it. We must remember that at that time paid to the railroad company and sold in open market the State credit was unquestioned and its bonds were without endorsement or guarantee. The State was at a premium. It would require therefore a very plain invested by the terms of the statute with a lien upon indication on the part of the Legislature to construe the each section of the company's road as soon *fi the bonds statute as intending to make the State a trustee for the

for that section were issued, and upon final completion bondholders, since, when it gave its promise that the debt of the road such lien was to attach to the entire road should be paid, no more could have been thought neces- and its equipments. The company was to be incapable sary either by the law-maker or by the State, or by the

of creating any lien conflicting with that in favor of the purchaser of the bond. It is repugnant to reason, State. therefore, and to the condition of the parties at that The condition of the roads and of the credit of the time, to imply (except from a very plain declaration State during and subsequent to the war, is well known. of the law, from which there is no escape) that there In 1869-70, although none of the principal of the rail- was any subordinate security given to the bondholder road aid bonds had matured, the General Assembly of or that the Legislature permitted the State to assume a the State (to enable the respective companies to repay trusteeship in his behilf. The State promised to pay the principal of their indebtedness for bonds loaned to the bond, and, to protect the State's liability, the railroad

them) passed an act permitting payment in any of the gave it a lien. Under such circumstances, the Court outstanding bonds of the State. To obtain money to very well says, it is not its province to import conditions purchase State bonds for surrender, they were severally into a contract that appear neither by the plain terms

authorized to issue mortgage bonds upon their respective of the statute nor of the bond issued under it. roads, and deposit them with the Comptroller of the Then, again, there are provisions of the act which are State to be by him delivered to the company whenever directly repugnant to any such construction. For and as Tennessee State bonds were by the company instance, the sixth section reserves to the State the surrendered and canceled. These mortgage bonds were right, through proceedings in court, to sell the road and by law declared to be a first lien on the road and equip- thereby discharge the lien. The Siate has a right to ments of the company issuisg them, and as evidence to become a purchaser or a third party has a right to the purchaser the Comptroller was required to and did become a purchaser, and in either case the property is certify upon each bond that it was " secured by first taken free from the lien. This is a virtual aftirmation mortgage." that the lien was wholly the State's and at its disposal. As our readers are aware, most of the companies The seventh section also is, if possible, even more availed themselves of this legislation, bought State clearly opposed to the idea of an implied trust. bonds to the full amount of their indebtedness, and, According to that section the company was required under the sanction of the State as .aforesaid, issued other to set apart " one per centum per annum" of the bonds bonds, aggregating about thirty or forty million dollars. issued and use that amount to purchase bonds (no par- Now, however, it appearing that there are of these old ticular bonds are designated, and, of course, therefore, it improvement bonds (issued to the companies which took means any bonds) of the State of Tennessee, which are advantage of this legislation and paid up their indebt- to be assigned to the Governor, and he "shall.give" a edness) still outstanding about sixteen millions of dol- receipt for the same to the company, and the " bonds so 341 OCTOBER 3. 1680".] THE CHRONICLE.

issued to the com- of giving effect to the provisions of that treaty. Some of " paid shall be a credit on the bonds for doing a thing the provisions of that treaty have, it is true, been carried " pany." Here is direct authority in every case where the will of congress has the Legislature out ; but almost precisely similar to that which been complied with, the execution had been entrusted to provided for subsequently. Evidently if the company Tennessee bonds other hands than those of the SultaA and his Ministers. could, by the original act, purchase any bonds issued could It was believed that the second congress would give efiEect in settlement of its debt, the special attempt to the decisions of the first and force the Sultan to act. not constitute a lien except to the State. An The result was contrary to expectation. It was ttelieved. was made by the complainants to use the latter half of of the again that the joint naval demonstration would prove more the seventh section to support their iuterpretalioo (Ciiboniclt!, Feb. powerful than written documents or than the looks and law. But we showed last February claim, and it is words of angry plenipotentiaries. We have seen the 15, 1879,) the utter weakness of such a result. Day has succeeded day; threats and warnings unnecessary to repeat our remarks here. have been given; last words have been sent; but the Porte Finally, the Legislature, in IBGO-.O, by law, provided has remained as inactive and as indifferent as before. I£ for the discharge of the lien, and thus interpreted its has been any change, it has been in the direction of meaning and the intention of the law maker in creating there not violate a greater stubbornness, of a more resolute determination not it. Of course, a subsequent act could only not to yield, but to resist interference. The attitude plain provision in the original statute in the bond- of Turkey at the present moment is one of open defiance holders' favor; but no one asserts that there was any Europe the same Europe which two years ago inter- such plain provision. Thereupon the Legislature and to — save her from destruction. the State authorities, with the legislative sanction, posed to important question is What will the Powers accepted payment of the bonds, discharged the lien, The now — failed. Naval demonstrations have and permitted new bonds to be issued by the com- do? Congresses have failed. Warnings and threats have failed. Will Turkey .panies. Under all these circumstances, we think we ? Treaty of Berlin, after all that expressed our opinion none too strongly when we be left to herself Will the been done to give it effect, be allowed to remain a stated, over eighteen mouths ago, that these suits would has before the intrac- prove '• harmless." dead letter ? Is Europe to back down table and obdurate Turk, or is Europe to rise up in het THE EASTERN MUDDLE. majesty and enforce her authority? There are many The state of affairs in the east of Europe continues to possibilities. The present naval demonstration may be be as mixed and apparently as far from a satisfactory solu- abandoned or it may be transferred from the Adriatic to tion as ever. The Powers distrust each other, and hesitate the jEgean, from Dulcigno to Constantinople. There to take any action which would precipitate hostilities. may be an agreement on the part of the Powers to supple- Riza Pasha, the commander of the Turkish forces in the ment the naval forces by an adequate land force. What- neighborhood of Dulcigno, has notified the Prince of ever may be finally agreed upon, it is hardly conceivable Montenegro that he will use force to resist any attempt at that the Sultan and his advisers will be allowed to have of the violation of Turkish territory ; and as the result their own will. And yet there is an evident indisposition this information the Prince demands from Admiral Sey- on the part of the allies to take the initiative and to employ

mour, as a condition of liis attacking Dulcigno, a guarantee force. It is confessedly a difficult situation; and the prin-

of ulterior assistance on land. cipal difficulty of the situation is, that there is a sad want It would appear also that the real barrier in the way of of unity among the allies themselves. They do not trust

the cession of Dulcigno is not the opposition of the Alban- each other, and there is a want of a common purpose.

ians, but the opposition of the Turkish Government at There is an unwillingness to employ a land force, because Constantinople. On leaving Scutari the British Consul of the complications which usually attend occupation. If

was assured by the Albanian Chief that they would submit a land force is to be employed, it will hardly be an allied

to the will of Europe, directly the Porte ceased to act with force. It is more likely to be a body of men taken from them. This latter fact has given fresh encouragement to some one nation, and the difficulty will be to select that the view which has been held by some of the Powers, nation or government to whom to entrust the occupation.

notably by Great Britain and Russia, that the point at It is well known to all the Powers that, in the present which the allied fleets should demonstrate, should be Con- tottering condition of the Turkish empire, occupation is stantinople, rather than Dulcigno. In the meantime it is more likely to be permanent than temporary. Russia or reported that Dulcigno lias been fired, either by the Turks Austria would be willing enough to furnish all the land

or by the Albanians, and that the town is wholly or par- troops necessary; but it is not the desire of the other tially destroyed ; later, however, the report is denied. Powers to give any one of those mentioned any further It is really difficult to predict what is to be the end of chance of increasing their territory at the expense of all this confusion. We are hardly permitted to think Turkey. Italy would be willing enough to that the combined Powers of Europe will back down before furnish a body of men for the coercion of the Turks thS Turk. Yet there are no signs of action; and the and the Albanians; but neither Austria nor France is abandonment of the demonstration is openly talked of. willing to see Italy entrenched on the eastern shores of

At the present moment it is safe to say, the great Euro- the Adriatic. It is doubtful whether either Germany or pean Powers never exhibited themselves in so unattractive France would command more general confidence; and it a light. The position they now occupy is one of extreme may be taken for granted that Great Britain will not bur- humiliation. In t;wo separate congresses they have agreed den herself with any such responsibility. It is not to be upon a common policy to be pursued with regard to Tur- denied that this jealousy might be got over by selecting key. In both cases the decisions were communicated to the some smaller power on whom to draw for land troops; but Porte; and in both cases promise of compliance with the the fact that the jealousy exists is the point on which we

demands of the Powers was made. It is now two years insist, for it constitutes one of the great difficulties of the since the Treaty of Berlin was made public; and up to the moment.

present time, notwithstanding repeated promises to the Then there is the visible want of a common pur- contrary, the Porte has not taken the first step in the way pose, France, it appears, if it is resolved to bombard . .

(JHKONICLE. Vol. XXXI. 342 THE I

Dulcigno, will take no active part in the demonstration. $660,000, from seven and one-half per cent of the total legal techni- If the French admiral is hindered by any import duties in the five custom-houses at the ports of be cality, now, the difficulty will remain whenever it may Vera Cruz, Tampico, Matamoras, Mazatlan and Man- agreed to take active measures. The objection which zanillo. holds at Dulcigno will hold at Stamboul. It has appeared The total cost of the road is stated to have been also that both Germany and Austria, while anxious to $37,265,076, equivalent to $127,184 per mile. The road have the Treaty of Berlin carried out, are unwilling to is one of the most substantially constructed lines employ force. What has been wanted, therefore, has on the American continent, and its large cost been unity of purpose and confidence in each other. The was due mainly to that, added to the fact of the probability now is that the attitude which Turkey has great engineering difficulties overcome in construction. assumed, and the choice which the Powers are compelled Yet the necessary cost was considerably augmented by to make between a humiliating defeat and the enforce- the error of commencing to build from the terminal ment of their authority, will beget a common sentiment, points towards the centre of the line, thereby entailing and lead to united and determined action. It needs but enormous expenses for transportation, large payments this to make an end of the whole Eastern difficulty. It for interest accumulated on securities marketed before will not be wonderful, therefore, if it should turn out that traffic commenced, heavy discounts on bonds sold and Turkey, by her very obstinacy, has been but hastening high rates of interest paid for temporary loans during and making more complete her own destruction. the long delays before any portion of the line could be opened for business. RAILROAD FROM MEXICO TO VERA CRUZ. The capital of the company consists of the following issues In connection with the facts given last week respect- ing the concessions for new roads just determined Oedinaey Shakes, full paid, $11,260,150, of which by the Mexican Government, the history and present $3,600,000 went to the venders, $4,127,050 were issued Btatus of the railway from the seaport Vera Cruz to to the public, and the balance was subscribed for and Mexico will be of interest. The name of the corpora- is now held by the Mexican Government. tion is The Mexican Railway Company, Limited, and it First Peefeeence Shaees, non cumulative, entitled to is an English concern, holding a concession in per- net income of each half year to the extent of 8 per petuity from the Mexican Government, and operating a cent per annum. These shares amount to $12,770,600, line of railway between the points named, 293 miles. and were issued in lieu of 8 per cent bonds. The company was incorporated in 1864. The com- Second Peefeeence Siiaees, non cumulative, entitled pletion of the main line to the Capital of Mexico was to the net income of each half year to the extent of 6 celebrated in January, 1872. The Board of Directors per cent per annum after providing for prior charges. includes some of the leading capitalists of London. Of These shares amount to $5,059,800, and were issued in the fourteen directors, four are appointed by the Mexican payment of interest. Government, two of whom act in Mexico and two in Pebpetual Mortgage Debentuee Stock, bearing London. The Mexican Government gave this company interest at 6 per cent per annum, and amounting to a very liberal charter and important financial assistance. $10,000,000. All these securities are dealt in at the The reason for this was that the undertaking was such a London Stock Exchange. difficult one that capitalists could not otherwise have Ittue per Title. PrHce Sept. 11, Mite. 1880. been induced to enter upon it. Among other provisions of the concession, the Government engages not to sub- $38,430 Ordinary shares 40 per cent. 17,208 BecoDd preference shares. 70 " sidize any other railroad between the cities of Mexico 43,588 First prefereuce shares. . 110 34,130 Mortgage stock 111 and Vera Cruz prior to November 1, 1933. It will be $133,416 remembered that last week we stated that a grant had Regular semi-annual dividends are being paid upon been made to General Palmer of a road from the City the mortgage stock and the first preference shares; the of Mexico to Nautla on the Gulf. This does not, we second preference and ordinary shares have not yet suppose, btrictly violate the above-inentioned provision; received any cash dividends. The first prefereuce yet, if the new enterprise is carried out, it must do the shares received a distribution of 2 per cent in January old road very serious harm, as a narrow guage can be last and 3 per cent in July, making 5 per cent for ihe built and operated so cheaply. twelve monthF. With regard to the pecuniary aid to the old com- The following earnings have been reported. pany—in addition to exemption from certain payments, thereby indirectly increasing the funds of the company Gross Expenses. Ket Earnings. Per ct. Earnings. and diminishing the outlay which it would otherwise 1880 (five months) $1,512,000 have been obliged to make—the Government ren- 1879 3,255,000 4623 $1,710,000 1878 2,895,000 57I3 1,237,500 dered important assistance by gratuitous subvention 1877 2,700,000 1876 2,175.000 and by a subscription at par to §3,889,674 of the At the last annual meeting, early in the present year, common stock of the share capital, deriving the cash it was decided to appropriate $300,000 of the subven- for the payment of this subscription from the appro- tion now being received from the Mexican Government, priation of 15 per cent of the maritime Custom House receipts during to the improvement of the line and the development of the four years from Nov. 11, 1868, to Nov. its traffic. 11, 1872, amounting to $2,823,800, and the balance from payments made during the French intervention. FINANCIAL REVIEW OF SEPTEMBER. The accounts of the Secretary of Finance, rendered Jan. September T\-as marked by considerable irregularity in 15, 1879, show the total cash assistance to that date to the tone of feeling at the Stock Exchange during the last have amounted to $11,457,293 32. The subsidy granted half of the month. Prices at the opening were generally in aid of the enterprise as a national gift, in addition to firm, and there had been quite a confident expectation in the purchase of the company's common shares, is some quarters that a very buoyant movement would be 114,000,000, payable in twenty;;five annual instalments of seen after the autumn business had fairly commenced. — .

October 2, 1880.] THE CHRONICLE. 343

excitement, however, "Wall The total transactions at the Stock Exchange, compared With the first of the election in cent with previous months, were as follows: Street became sensitive, and the fluctuation 4 per bonds (coupon) amounted to about 2 per cent Government Junt. July. Augu»t. /Sept. on the 3d to 108| as the lowest point on the from llOf U.S. GoTcmm't 1>ond« $2,324,800 $2,501,600 $1,836,4.50 $2,020,200 24th—with higher prices, but much irregularity, during the 890,000 193,000 448.800 814.900 Railrniul l>ond« 50,844.280 32,821t.UO .34,144,330 36,021,400 balance of the month. Bunk stocks. . shares 1,513 708 916 415 Rttllruiids, 2<, 4<, 1881, 1881, 1891 1907, Cur., 1881, 1881. 1891, 1907, 0^' were apparently declining. The largo imports of mer- 1 coup. ix>up. coup. coup. 1898. 1 coup. coup. cmtp. coup. circumstances chandise into the United States, and other 1.. IIOI4 10.. 8. 2 102% 20.. 104% situation, gave rise to the incident to the commercial 3 . ii6% 21 .. llOl* 4.. 110>4 22.. 104% 102% 110 that the total imports of specie opinion among bankers 5 . 8. 23.. 109M 6.. 24.. 108% less than in 1879. Foreign this year will probably be 7 25.. l(«ii 109 >4 •"" IIOI4 26.. 8. throughout, and rates at the 8 . exchange lacked animation 9 27.. 109% were near the lowest point. The cotton 10. 110% 28.. 104>4 10213 109 109 close of the month 11 29.. 102% 108> much ahead of last year. 12 S. 30.. 108^ crop movement was 18. 102% The money market was easy beyond expectation, and 14.. 18 . 110% Open 104% 102% 110% IIOI4 High 104% 102% 110% 110% rates for call and time loans were notably lower than in 16.. 17 110% Low. 10413 102 13 109 10'1% September of last year. This was mainly attributed to 18.. Clog. IO41..J 102% 109 10«'8 the effects of the purchase by the United States Treasury OLOSIKO PKICES OF CONSOLS AND D.8. SECURITIES AT LOMUON IN SEPT.

bonds for the sinking fund, to .3 each week of $2,500,000 a, 4l3« 4%> 5»»/ 4«o/ 5so/ Uof imports of gold from abroad, and in some degree to Sept. "/ Sept. the 1881. 1891. 1907, 1881. 1891. 1907. the less urgent demand for currency from the "West. 978,e 106% II414 II4I4 20 9713,8 105% 114 113 Speculative stocks were strong in the first part of the 977,6 100 114 114% 21 ... 9713I8 105% 113^8 112% 979,8 106 114% 114% 22 9713,6 105% li:i% 112% month, but afterward there was quite a serious decline, and 979,6 106 114% 114% 23 9713,8 105% 113% II2I4 8, 24 9713,6 105% 113 112 purchasers was much dampened. The the ardor of outside 97»,B 106 114 114% 25 971»ie 105% lIZM lllH 106 114% 26 8, rather feverish, and after each 97»i6 114% tone of stocks became 977,6 100 114% 114 27 9-ii|i 105% 112% 111% 28 . . 9711,6 105% per cent there was a disposition to realize, 977,8 106 114% 114 1121s 111% advance of 2@3 9711,, 106 114% 114 29 9711,6 105% 112% 111% 106 114% 114 30 9711,6 105% 112% 111% sent prices back again. At the close of the month 9711,6 which 8. list. 9716,6 106 114 114 there had been a substantial recovery on the whole Opening. . 979j9 10rt%lll4% 114>4 98 10578 114 114 Highest.. . 98 106% Il4%!ll4i4 Railroad earnings kept up remarkably well, and the 97i3ip 10.=) %i 114 114 Lowest 977,8 105% 1121411)% 9713,6 105% 113% xl2% Closing 9711,8 105% ll2%]ill% returns continued to show an increase over 1879. 971.1 105% U378 113 Since Jan.l 11278 9713,6 105%i 114 Highest ... 999,9 10678111478 114^ The following summary shows the condition of the New S. Lowest 977,8 104%ll09%!l06% Clearing House banks, rate of foreign exchange, York The following table will show the lowest, highest, and clos- and prices of leading securities and articles of merchan- ing prices of railway and miscellaneous stocks at the New York dise, on or about the 1st of October in 1878, 1879 and 1880: Stock Exchange during the months of August and September: RANOB OF STOCKS IN AUGD8T AND SEPTEMBER. 1880. 1879. 1878, -A HffUSt. , September. , Railroads. July 31. Low. High. Attg.31 Low. Bigli.Sepl.30. Keiv York Cily Hanks— 111 '109 IO914 111 *109 Ix)aii8 and discoimts 310.201.000 260,763.700 246,322,500 Albany & Susq'hanna 107% 65.147,6(10 20.017,400 18,l!)9,000 Bos. & N. Y. Air-L. pf 46 45 47% 39% 46 42 8(K!cip '65 66% 04 Cu'fiilalion 1 S.882.,500 21,531.900 19,(il7.xOO Burl. Cert. Kap. & No t70 60 69% 63% Net (Ifposits 294,806.900 229.983.000 210.H3'2,O0O Canada Southern 63 % 59 64 60 57% 63% 58% Legal teiiilcTs 13,197,200 40,017,700 45,080,700 Cedar Falls & Minn 18% 19 28% 32 73.701,725 57,495,730 54,083.000 Central Iowa Legal reserve $ Do Istpref 59 59 50 58 75 held 78,344,800 60,065,100 63,SH0,300 Reserve $ 110 2d pref 38 47% Surplus $ 1,643,075 2,569,350 9,797,300 Central of N. Jersey. la'^a 73% 78^ 76% 69 80% 727, ll'iurii. OiiUI, Exchange-T Central Pacitio x74 % 73% 73 14 74% 71% 76 73% Call loans 2 ®3 5®7 334 Ches. ifeOlUo *18% 18'4 19% 18% 17% 21% 19% Piiuie i>aiter 5 a>5i2 536 43513 Do Istpref. 25 25% 22 28% -24% Gold 100 100 100% Do 2d pref 20 20% 19 22% •20 Silver In London, per oz 52 ^d. 519i«d. 51»i6d, Chicago & Alton tll5 xll3% 118 xH6 113 lis 114% 81is-4 82is 8OI4-1 81 * Prime sterling l>ill8, 60 days.. 481>2 4 4 Do pref xl25% 130 xl25 " tiao United .Sidles lluitds— Chic. Burl. & Qnincy. 12514 126% xl39% xl39% i-itj" 140 134 101 105 IO8I4 Os, IS"; 1 . coupon 14 Chic. Mil. & St. Paul. 89 87 91% 8778 87% 95% z91 68, eurri'iu-y, 1 s!l3 124 122 >3 119'8 Do pref. 110 lor! 112% •109% 109% 114 113% IO6I4 58, IHMl.l-olllloll 102% 103 (3iic. & Northwest ... 99 % 07% 10178 99% 99 14 106 105% 4128. Isiil, cimiion 1081a 105 14 103% Do pref. 115% 115% 125% 119 118% 126% 122% 48 of 1U07, eoupou 107=8 101% 100% Chic.<& Rock Isl., new xll5 111% 115% 114% 114 122 118% Stocks— Hailt'vad Chic, fit.!.,, & N.Oi I'ns 34% 32 41% 39 34% 42 37% New York Central & Hud. Riv. 130 119 113% Chic. St.P, Mlnu.& O. 45% 42% 4778 4278 39 14 4578 42% Erie (N. Y. L. E. ii W.) 39 33 IS's Do pref. 79% 79% 84% 82% 80% 8578 82% Ljike Shore & Mieh. Soutlicm. 1073t 95 69 Cin, lud.St. L.&Cliie *7o 80 81 •80 80 86% •86% Miehigau Central 9578 89% 71 14 *71 70% 73 68% 72% 70% H8I3 Clev. Col. Cin. & lud. Chicago Koek Inland & Pacitle 11838 139 ClOT. & Pittsb.. guar. *120 119% 125% xi'24 122 124 tl24 82-'8 Illinois Central 112% . 9178 Col. Chic. & Iiul.Ccnt. 17% 16% 20 1878 16 21% 1878 Chit-ago A: Northwestern, eoni. IO514 83% 41% Danbtiry 50 50 91I4 & Norwalk. Chicago .Milw. & St. Paul, com. 67'8 31''8 Del. Lack. & West'm. 80% "8378 92% 89% 87% 92% x89 Delaware Lack. & Westci-n ... 89 14 67% 55% Denver & R. Grande 74 68 74% 71% 68 74% 70% Jersey 6OI3 36 70 Central ot New 72% Dubuque 30 00 16 50316 00 Houst. & Tex. 1«nt 60 68 62 65 62 Wheat. No, 2 spring. .^ bush. 1 06 ®1 OS 1 2012*122 1 02 a .... Illinois Central 110% xl08% Xll378Xll2% 11078 116% 112% Corn, Western mixed. .1* bush. 51 d>52 53 4934913 Indiana Bl. & West 29 32% 2« 28% Pork, mess ^ bbl. 10 50 a 17 50 9 5039 75 8 75S8 85 Keok, &De8 Moines. , 9% 11% 10 11 Do pref.. 26% 27% The statements of the City Clearing House I '36" "'33% 31 35% 337g New York Lake Eric « 2% 5% Loans and discounts «311.042,^00 »313,716.800 »314,12!).5l)(i t310,20.|.000 40 Specio 85,484,700 B«..'MO,300 Bl!,5l7,300 1(5,147,000 Memphis & Cha'ston 36 40% 18,fi*,;,5<)« *88% 96 X90 Circulation m,312,800 19,353,1)00 ll),3)4.5fx: Metronolitan Elev. . . 90 89 93% 88 Net deposits 297,188,800 298,350,500 298,028,700 294,8l-lfl.l)00 Michigan Central x97 92% 98% 94 92% 97% 05% Legul tenders 14,541,400 13,»48.20Ci 13.51-,700 13,lU'i,2l)0 3078 37% 3578 Mo. Kaus. Texas .. 38 35 39% 36% & 25 22% Legal reserve t74.2»(1.70« t74.587,6«5 174,732,175 $73 701,725 Mobile & Ohio 21% 21 2478 23% 21 ' 78.344,S1«) 111 Keserve lieM 7«,tt;«,100 80,288,800 80.035.(K)0 Morris & Essex 106% 106 112% 110 109% 112% Surplus t9.6Tt),4U0 5,700.875 »5,302,S2o J4,943,0ij Nashv.Chatt.&St. L. 68 65 747$ 69 50 71% 60% Range of call loans 8®5 233 2®3 2^43 Kate of prime paper 6®5W 5^ 5(85^ 50i.5^ ' Prices hid. Prices asked. .... J : . —......

CHRONIC JLE. [Vol. XlXl. 344 THE twelve months ended August 31, 1880, are presented in the fol- mgh.Sept.30. Low. in specie values : RAILROADS. J»iU 31. Loa.~^J^i.'A.ug.31. lowing tables, all 128S8 129^8112818 133 xl30 Cent.* Hud. K. 13238 134'a [Corrected to September 27, 1880.1 N. Y. 110>* 114 IIII4 110 114 xUl New York Elevated . lll»fl 4II3 39 44ie 37!>8 441a 38I4 3738 MEKC'IIANDISE. Y. Lake Urie & w 69''8 K. 71>9 65 73 6638 66 71% 170 '170 Hartfrd •165 164 166 I6512 164% K. Y. N. H. & 24'8 20 26 22% For the For the 8\For the 12 Ontario AW... 26% 241a 27'8 N. Y. 29 32 29 month 0, months end- 7nonths end- Pacitlo .... 32 29 33 '8 27% Kortliern 531a ugusiiIt. ed Aug. 31. ed Aug. 31. 55 Tg 571a 52% 51 57% A Do pret. sm 20 24 21 Ohio Central...... — *22 211a 25 .S4i8 32i« 3618 34I3 3II3 3714 1880.—Exports—Domestic . ${i6,301,423 $542,355,034 $852,229,328 & Mississippi . . . 3408 *72 ^ OWo 73 7714 Foreign . . 881,787 8.532,120 12,019.948 Do pref. 731a 72 78 '186 190 195 83,2! $550,887,154 $864,249,276 Panama "•..;• ' 182 1S6 '25" Total $67,1 ok 27I3 '24 24 261a Imports 56,266,021 495,068,647 697.152,899 Peo. Decat. & E' vlUe . 25 25 23>a 23 13 3213 301a & Keaaing.... _18>a 19 ' Excess of exports over Imports $10,917,189 $35,818,507 167,096,-J77 Phila. - 120 124% 120 f>lmb.Ft:wr^c|uar. .120 120 mU 34I3 32 Excess of imports over exports Pittsb. Titiisv.&Bufif. 120 Saratoga 117 120 120 KenssoFrA 23I3 20% 21 1879.—Exports—Domestic .. 7,993.733 $444,782,461 $701,813,400 Ogdons 33 . . 11,272,066 Koine \Vat.& 19 23% Foreign 6S7.23S 7,015.242 . 23 22 24 Bt. h. Alton ,& T. H 75 79J4 Total $5bl,680,96S $451,797,703 $713,085,466 Do pref. 63 65 77 5838 5678 4618 58=8 50% Imports 43,082,769 311,518,544 456. 131,941 St.L.I.Mt. & 8o.,a8Sd. 53% 53 18 '30 •37 3713 t36 32 35 Excess of exports over imports $13,398,199 $140,279,159 $256,953,325 St. L. & S. Francisco. 36 44 '49 46I4 50 46I3 42 47% Ejtcess of imports over expoi-ts Do pref. 72I3 7714 •7213 Do Ist pref. •74 73 791a 7714 32 3413 34 34 GOLD AND SILVER—COIN AND BULLION. St. Paul & Dulath . . 3458 63 63 60 65 Do pref. 129 130 Stonineton "925^ 9318 x85 95I4 X8558 1880.—Exports—Domestic .... $231,322 $3,829,167 $7,798,595 Union Piuiiflo 95 'W^ 380,077 6,577,507 7.622,214 &Can. 160 169 169 1691a 1691a Foreign Un. N.J.KR. 3414 3973 37I8 $9,409,674 $15,420,809 PaoUlc. 4158 38% 43 14 3914 Total $611,399 Wab. St. L. & 73I3 64 70% 68% 9,849,738 19,341.290 94,880,240 Do pref. 7II4 6918 7014 Imports Tklegraph. Excess of imports over exports $9,238,339 $10,434,616 $79,439,431 74'* 771a Excess of exports over imports American District... 74% 72ia 7o* 7o O / *a 67% 60 Am,/.ri/>nT> TTnion. _ - American Union 1879.—Exports—Domestic .... $1,345,946 $14,700,870 $18, -266,739 4514 42 47 45 3913 45 40 Atlantic A. Pacltio — X95I3 107% X9838 Foreign 484,394 5,101,993 7,099,681 Western Union 108 102% 109 103% Total $1,830,340 $19,802,863 $25,366,420 BXPKESS. Imports 7,705,817 18,154,008 26,321,851 Adams 115 120 '116 116 118 1161a 11 57I3 60 58I4 58I3 591a 5938 Excess of exports over Imports $ $1,648,855 $ Americin 58 49 Excess of Imports over exports 5,935,477 935,431 48i3 471a 49 14 48 14 471a 50 United States -IIOI2 ... 1061a 110 1091a 1091a lllH Wells, Fargo & Co . 106 % TOTAL MEHOIIANDISE AND SPECIE. Coal and Mining. II4 . 138 214 Caribou Consol. Min . $546,184,201 $860,027,923 514 61a 1880.- Exports—Domestic $66,532,745 Cent. Arizona Min ... 6 61a 10«8 8% Foreign 1,261,864 14,109,627 19,042,162 II3 2 II4 158 Climax Mining $560,293,828 $379,670,085 Iron 21 29 2413 23 24% Total $67,794,609 Colorado Coal & t29 66,115,739 514,909,937 792,033,139 Consolidation Coal. 30 30 33 *30 33 34 Imports Cumberl'd Coal & I'n 23 281a Excess of exports over imports $1,678,850 $45,383,891 $87,636,946 Mining 14 15 III3 14 Impoi-ts over exports Deadwood 6J4 Excess of Excelsior Mining 1658 15 17 14 8% 32 3513 Homestaltc Mining 32 341a 1879.—Exports—Domestic . $59,339,681 ,$439,483,331 $720,080,139 514 51a La Plata Mining 5 51a Foreign . . 1,171,627 12,117,233 18,371,747 213 4 2% Little Pittsb'g Mm.. 5ia 4 6 4 $60,511,308 $471,600,366 $738,451,836 19 *18 '15 Total Marjland Coal *16 19 Imports 50,848,.086 329,672,552 432,433,792 Montaiik Gas Coal.." 45 7738 7738 "ii" "ss" 25 2818 25I3 30 Excess of exports over Imports $9,662,722 $141,928,014 $235,993,094 New Central Coal 216" Pennsylvania Coal... *207 220 225 225 225 1225 Excess of imports over exports Ontario Silver Min'g 30 30 30 31 32ia *13i3 *13 lOia 1313 •lOia The following is a statement showing, by principal customs Quicksilver Mining . . 14 1413 pref. 49 49 56 '52 51 57 *53 districts, the values of merchandise imported into and exported Do 2I3 Clift Mining 414 5 4 258 Silver *28i3 from the United States during the month of August, 1880: Standard Cons. Mm'g 27ia x27 x29 i28% 2713 30% Vakiocs. Water Power 858 858 913 10 Domestic Foreign Boston 84I3 Customs Districts. Imports. Exports. Exports. Del. & Hud. Canal... 82 79% 87 811a 88% 8438 Oreg'nE'y&Nav.Co. 116ia 116 125 125 125 147 42^8 39% 43I3 391s 37 4358 39I3 Baltimore, Md $1,239,322 $8,970,779 $1,589 PaciflcMail 62,974 Pal. Car Co II313 115 115 118 123 tll8 Boston, &c.. Mass 3,257,668 5,377,141 Pullman 45,312 186,734 Sutro Tunnel II3 1% 1% 138 II2 1% lia Brazos, &o., Texas 159,243 Buffalo Creek, N. Y... 244,179 24,963 Champlain, N. Y. . 297,7' 214,825 • Prices bid. t Prices asked. Charleston, 8. C 90.307 Chicago, 111... 72,970 786,613 461 BANKERS' STERLING EXCHANGE (POSTED KATES) FOR SEPTEMBER, 1880- Corpus Christi, Texas. 11,310 13,600 2,012 Cuyahoga. Ohio 14,358 41,231 60 De- 60 De- 60 De- Detroit. Mich 108.263 293,196 'i2,90'i Bept. days. mand. SeiH. days. mand. Sept. days. mand. Galveston, Texas 323,438 39,616 Huron, Mich 157,733 1,157,677 "il,575 106,296 1.. 4-82 4-84 13.... 4-82 4-84% 24.... 4-82 4-84% Key West. Fla 31,764 2.. 4-o2 4-84 14.... 4-82 4-81% 23.... 4-82 4-84% Miami, Ohio 3,088 1,453,78 4-82 4-84 15.... 4-82 4-84% 26.... S. Minnesota, Mlim 174,347 91,980 3.. 13,635 4.. 4-82 4-84 16.... 4-83 4-84% 27.... 4-82 4-84% New Haven, Coim 48,531 2,824,3.54 13,935 6.. 17.... 4-83 4-84% 28.... 4-82 4-84% New Orleans, La 604.123 4-82 4-84 18.... 4-82 4-84% 29.... 4-81% 4-81 NewYork. N. Y 39,168,655 35,937,898 500,449 6.. 14,39^ 4-82 4-84 19.... 30.... 4-81% 4-84 Niagara, N. Y^ 142,333 1,431 7.. 219,830 8.. 4-82 4-84ia 20.... 4-82 4-84% Oregon, Oregon 4-82 4-8413 21.... 4-82 4-84% Range Oswegatchle, N. Y 102,923 78,320 9.. 18,536 10.. 4-82 4-84ia 22 4-82 4-84% High 4-82 4-84% Oswego, N. Y 314.264 169,054 23.'.'.'. 102 11.. 4-82 4-8412 4-82 4-84% Low. 4-81% 4-84 Passamaquoddy, Me. 76,953 38,470 12.. Pensacola, Fla 18,876 52,621 Phll.adelphla, Pa 4,359,693 5,383,379 16,077 Portlancf, &c.. Me 111,869 138,672 12,158 Pugct's Sound, W. T.. 800 40,402 IMPORTS AND EXPORTS FOR AUG., ANB FOR Rlcliraond. Va 375 290,133 San Francisco, Cal 2,372,888 1,721,736 37,767 16,664 22,700 TWELVE MONTHS ENDING AUG. 31, 1880. Savann.ah, Ga Vermont, Vt 564,848 111,783 83,289 Willamette, Oregon. . 20,416 [Prepared by the Bureau of Statistics.] Wilmington, N. C 579 151,413 districts 245,06: 285,893 3,068 Below is given the second monthly statement for the flscaj All other — ,$36,266,021 $66,301,423 $881,787 year 1880-81 of the imports and exports of the United States : Total The excess of exports of merchandise, stated in specie

values, was as follows : Quebec, Sept. Month ended August 31, 1880 $10,917,189 Canadian Pacific—The press despatches from arrived hera Month endca AiigustSl, 1879 15, .^98, 199 7 have the following: "Sir John McDonald, who has Eight months ended August 31, 1880 55,818,507 states that satisfactory arrangements have been Eight moutlis ended August 31. 1879 from England, 140.279,159 completion of the Canada Twelve months ended August 31, 1880 167,098,377 entered into with a syndicate for the Twelve months ended August 31, 1879 256,953,525 Railway within ten year.s, and for the running of the Pacific had road for a further period of ten year.s; also that he The excess of imports or exports of gold and silver coin and obtained satisfactory guarantees for the perfecting of these bullion was as follows arrangements. The syndicate was composed of eminent capit- Canada, bir Month ended August alists of Frankfort, Paris, London, New York and 31, 1880, excess of imports $9,233,339 an Month ended August 31, 1879, excess of imports 5,935 477 John stated that his two colleagues and himself abroad, by Eight inoutlis ended August the 31, 1880. excess of imports 10,434,616 order of the Governor-General in council, must first report Eight mouths ended August 31. 1879, excess of exports 1,643,855 result of their labor, with all details, to the Governor-General Twelve months ended August 31, 1880, excess of imports .. 79,459 431 discuss in council whether it Twelve months ended August 31, 1379, excess of imports .. 935,431 in council, and they would then details of would be in the public interest to publish any or all Parlia- The total values of imports and of domestic and foreign the proposed arrangements before laying them before exports for the month of August, 1880, and for the eight and ment." . . .

OCTOBEB 2, 1880.] THE CHRONK^LE. 845

pt0ttctavvjs®0mmerctaX ^ugXisli ^tvos Ptr etnt Joint-stock hanks 1>« Discount houses at call BATES OP EXCHANGE AT LONDON AND ON LONDON Do with 7 or 14 davs' notice"!.!!'.!"!.'.'.!'.'.".'."'. 1% AT LATEST DATES. The following statement shows the present position of the Bank of England, the Bank rate of EXOilANOE AT LONDON— Sept. 18. EXOHANOE ON LONDON. discoant, the price of Con- iols. the avera.j;e quotation Latent for English wheat, the price of On- Time. Kate. Time. Jtale. Date. middling upland cotton, of No. 40 male twist, fair second quality, and the Bankers' Clearing Parla Short. 25-35 ®2fi.l5 Sept. 18 Short. 2.5-37 "a House return, compared Sept. Parl8 3 lUOB. 25-S2>a8 23G0 If . .^. with the three previous years: • • an-.is sy.-icio Sept. 18 Sbort. 25-40 Antwerp — " Amstcniani ** Vli^ ®12-5»4 Sept. 18 12-14 1880. 1879. 1878 1877. Circulation, cxclud- Amgtenlani Short. l2-2>3 ®12-3is Sept. 16 S, a g, M Berlin 3 nius. 20-70 •a20-72 Sept. 18 Short. 20-40 luK Bank post bills. 2G.051,2C5 23,095,910 20,697 820 27,533,275 20-70 ©20-72 Sept. 18 '* 20-40 Public deposits 6,219,884 Homliuix • • n.«01,l«5 4 583 838 4,879.243 •* ** Otherdei)<)slts Praukfort . 20-70 a20-72 Sept. 18 20-10 24,940,4'29 3 1 .S.'jO^I-IO 20,330 " 'os.'i 22,224.051 Vienna 12-22is®12-07iii Sept. 18 3 mos. 118-20 Qoveruiu't securities. 15,420,851 l«,33«,22l 13,754'03l 14.121,093 St.Pelereb'rg *• 241432158 Other sccuritlos 17.019,541 17,248,107 17.981 959 19.684,019 Madrid •' 47i4a47>8 Res've of notes &eolu 10,873,280 22,124,165 " 11,738,005 11,890,404 OaiilIlou In '* UstKin 52ia®5238 both departmenU.. 28,327,485 35,220,075 23,485,825 24 432""""•'679 Genoa .... 28-17H,®28-22isi Sept. 18 3 mos. 27-86 Proportion of assets ' Copcnliajtcn. 18-10 '*18--15 to liabilities 5303 B7I3 Bank rate Alexandria.. 3 mos. Sapt. 15 3 mos. 219 p.c. 2 p. e. O p. c. 3 p. e. New York... ** Sept. 18 .... 48OI3 Consols 'J7-'8 97% 9514 Bombay .... 30 days 18. 818(1. Sept. 18 4 mos. Is. 83,.d. Eng. wheat, av. price 428. 2d. 478. 1 Id. 458. Od. 59*. " ** Calcutta .... Is. 8>«d. Sept. 18 Is. Sled. Mid. Upland cotton . 7181. 0%!. " 6>4(1. Hong Kong,. Sept. 18 38. 'Jigd. No. 40 mule yarn 9I3 .%\^. 10%). Sbangbai...... 3ept. 18 58. 2%d. CloariuK-House ret'n . 82,101,000 94,602,000 97,952,000 99,583.000 There has been very little movement in gold in this country-

I From our own correspondent.! daring the week, but further amounts have been sent from London, Saturday, September 18, 1880. the Continent to New York. The silver market has been unset- There has been rery little movement in gold during the week, tled and the quotations are rather weaker. Mexican dollars and, the New York Exchange having become somewhat more are also rather cheaper. The following prices of bullion are favorable, the money market has assumed a somewhat easier from the circular of Messrs. Pixley & Abell: appearance. There has not, however, been any material change GOLD. (. d. t in the rates of discount, and the published quotation of the Bar gold, line per oz. standard. 77 913a Bank of England remains at. 2}^ per cent. Any immediate Bar cold, containing 20 dwts. silver, per oz. standard. 77 11 » Spanish doubloons i>er oz. 74 a alteration is not expected to take place, and it is evident that South American doubloons j)cr oz. 73 9 » United States gold coin when business has been actively resumed at the termination of per oz. 76 SH-m Glei-mau gold colt per oz. 76 3i4-» the holiday season the inducements to ti-ade with confidence SILVER. d. d. will be considerable. is, There however, much reason to believe Bar silver, fine per oz. standard, nearest .5214 -a Bar -3 that the majority of merchants will be disposed to continue a silver.contain'g 5 grs. gold. .per oz. standard, nearest .52=8 Cakesilver pcroz. oO^s » course of judicious trading. At this time last year the Ameri- Mexican doll.irs peroz. Sm » Chilian dollars can demand for iron had commenced and prices were advancing jieroz -a Quicksilver, £7 Os. Od. Discount, 3 per cent. rapidly, though from a low point. Genuine speculation had The following are the current rates of discount at the prin- degenerated into gambling in some branches of our commerce, cipal foreign centres: and even legitimate traders, who had large profits on paper, Bank Open Sank Open have since discovered that the encouragement given to weak rate. market. rale. market, Pr. el. Pr. ct. speculators is fraught with considerable danger. The value of ir. el. Pr. et. Paris 21a 2% Genoa 4 3«9 most commodities is now at a more normal level, and, schooled Amsterdam 3 2% Geneva 4 3Hl BiTissels 3 Madrid. Cadiz by recent experiences, 2% & the facilities for injudicious speculation Berlin .".19 5 Barcelona 4 6 Haiut>urg 5ia 5I3 have been very much curtailed. This is very satisfactory, for 5 Lisbon Jk Oporto. 5U Frankfort 51..; 5 Copenhagen 3iaa4 3>b we now appear to be doing a fairly extensive and sound trade, Vienna 4 3is New York 5®5ia St. Pot*iirsbur« ... 5 Calcutta 4 and it is reasonable to hope that when such a position has been gained cheap money, cheap food and probably an improving Business on the Stock Exchange has been very quiet daring the week. political prospect will afford assistance towards a further A fortnightly settlement has been arranged, and development. no difficulties have been made public. British railway shares have There has been a copious fall of rain during the week, and, somewhat receded in value, but the foreign market has been firm, although there is still some uuharvested grain in the north, the though without much doing in it. The shareholders in the their country has been much benefitted by it. We are now fairly in Bank of England held half- the autumn, and if we should have seasonable weather there yearly meeting on Thursday, and declared a dividend of 4M per cent, being will be a very abundant yield of produce and of cattle food. at the rate of 9% per cent per annum. The net Turnips and mangolds will be a crop of remarkable weight, profits for the half year had been £692,169, making the " and as regards vegetable food for domestic consumption, there amount of rest," or undivided profit on that day £3,704,243. After " is a superabundance. Farmers and market gardeners are satis- paying the dividend the rest " would amount to fied with the abundance of their crops, but complain of the £3,012,976. price their produce brings in. An opinion seems to be gaining Millers have at length commenced to buy wheat, and, the ground that more numerous markets are wanted in London shipments from America having fallen off while the price in and in our principal cities and towns. Although since Covent New York has also somewhat improved, prices during the last Garden market was erected the size of London has been few days have experienced a slight improvement. The upward increased probably tenfold, yet we are still restricted to that movement will, no doubt, soon bring larger supplies to market, and a'j a few minor markets, and great difficulty is experienced in farmers' needs are great, and, the harvest of cereals having disposing of produce to advantage. The greater part of the been nearly completed, there is now ample opportunity for mak- profit seems to be absorbed by middlemen, as neither the public ing a liberal use of the threshing machine. It is a well-known nor the producer obtains any great benefit from the present fact that the supplies of wheat and flour held by millers and cheapness bakers is granary are low. of vegetable food. Tradesmen still complain of very limited, and that the stocks in co-operation, In order raise to a fair work- but they continue to encourage it by gra.sping at to replenish their stocks and them excessive profits. ing point large purchases will have to be made by millers, and The demand for money daring the week has been very if they have convinced themselves that the present is a favora- moderate, ble considerable and there has not been much variation in the rates. opportunity to buy there should be a amount The supply of floating capital is good, and the rate for day-to- of business doing in wheat. High prices are, of course, out of day money on the probable that hand-to- the best security is only about IM per cent. The question, and it is more than a present latea of mouth as as millers have purchased . discount are as follows : policy will be pursued soon the amount of produce they require t« constitute a fair work- Per cent. Open-market rates— Per rent. Bank rat« , 21a 4 months' hank bills 23ea>2'fl ing stock. Open-market rates- G mouths' bank bills 2S83>23i 30 and 00 days' bills has published a report 2'iW2^ 4 dt 6 mouths' trade bills. 2 hi^ The Austrian Minister of Agriculture 3 months' bills 2144238 on the results of the harvest, so far as information received to The rates of interest allowed by the joint-stock banks and the beginning of September enabled a judgment to be formed. discoant houses for deposits are subjoined : The yield of rye throughout the western portion of the empire 346 THE (JHHONKJLE. IVOL. XXXI.

degrees balow " moderate," but can 1880. 1879. 1878. 1877 is characterized as some A.v'ge price of English " antici- longer be qualified as thoroughly good" (as was wheatvlv forseason (qr.) 43s. 2d. 4Ss. Od. 45s. 4d. 60a. 6d. no Visible supply of wheat actual yield pated). There are similar qnaliflcatious as to the in the U. 8 bush. 14,800,000 17,927,079 11,703,489 6,315,205 oats are lower than previous anticipations. of barley, and The following figures show the imports and exports of cereal can now be said to be only " good," and oats as some- Barley produce into and from the during the first " The prospects of maize continue thing better than average." three weeks of the season, compared with the corresponding decidedly good. With the exception of some late kinds, to be period in the three previous seasons : all the beans, peas and other leguminous crops have been gathered, and are declared, so far as quantity, to be *' right Wheat cwt. 5,716,236 4,829,577 3,149,708 2,727,593 good." As to hops, which are in course of being picked, the Barley 357,529 436.704 579.290 368,223 Oats 1,013.379 were as to quantity 668.040 573.910 1,009,760 produce is only middling. Early potatoes Peas 24,661 29.271 140.685 38,162 Tery satisfactory, but unfortunately disease seems to have Beans 80.580 103,302 118.783 314,399 Indian com 3,268.851 1,447,193 2,310.326 1,452,152 attacked them extensively, and consequently the produce must Flour 655,951 512,000 313,337 265,536 be set down as " scarcely moderate." Late potatoes also show extensive symptoms of the disease. Beet-roots, both for sugar Wheat cwt. 70,120 99,835 158,594 105,652 Barley 942 and for todder, are progressing very satisfactorily. In some 814 4,746 1.942 Oats 4,370 872 569 6,703 districts complaints are made as to the small yield of sugar Peas 6,816 8,147 1,091 630 Beans improvement in 2,715 1,471 312 815 promised by the .beets, but there are hopes of Indian com 14.895 145.506 9,263 14,651 Flour this respect. Although in some districts hay and the after-grass 8,980 13.415 6.830 2,719 axe better than usual, yet on the whole it must be said that EnsIlDb ]narket Reports—Per Cable. this is not the case, and the yield must be characterized as very moderate. As to wine, the rain and hail storms have done The daily closing quotations in the markets of London and mach harm to the grapes, and in any case the yield will be, as Liverpool for the past week, as reported by cable, are shown in to quantity, only very moderate. The quality of the wine vrill the following summary: continuance of the fine weather with which the depend on the London Money and Stock Market. —The bullion in the Bank country has lately been favored. of England has decreased £179,000 during the week. The Annexed is a return showing the extent of our exports of reserve of the Bank of France during the same time decreased British Irish and manufactures, also of colonial and produce and 1^,725,000 francs in gold and 436,000 francs in silver. and foreign wool, to the United States during the month of Sat. ifon. Tues. Wed. Thurs. Fri. Aagnst and during the eight months ended August 31, com- Sept. Sept. Sept. Sept. Oct. pared with the previous year: %T 27. 28. 26. 30. 1. Silver, peroz d. 523i8 523,8 5214 52 14 5214 5214 EXPORTS. Consols for money 971318 97lli8 97U18 971116 97111a 971318 -In Augiiat.- -In Eight Mmiths.- Consols for account 971518 97!^ 97% 97% 97% 9713i, 1879. 1880. 1879. 1880. U.S. 5s of 1881 IO5I3 10558 105% loo's 105% 105% AUiaU cwt. 230,038 273.723 1,797,630 2,304,967 U. 8. 4ias of 1891 II214 112% 1121a 1121a 1121a 11238 Apparel and slops * 6,748 6.465 38,4.52 52,250 U.S. 48 of 1907 IUJ4 111% iim lllia lllia lllSg Bags aud sacks doz. 14,320 37.883 206,666 2.50.302 Erie, common stock 3918 39J4 38 '8 4018 4013 40313 Ootton piece gjods.. yds. 4,597,400 5,693,630 36,947,100 62,408,200 I llinols Central 115 115 , I1513 116 117 ^ ^. ._ <_ „ 61,230 Earthenw.i& porcelain.* 80,605 427,445 615,467 Pennsylvania 60 la 6OI4 59% 6OI4 603s Haberdashery aud mil- PUiladelphia& Reading. Ilia 1458 14% I6I4 I6I2 15 linery A 29,327 44,726 190,179 333,165 New York Central 13278 132% 132 I3312 134 Hardware and cutlery.il 31,808 44,624 213,111 322,099 Iron—PU tons. 12,112 27,lH8 44,607 537,982 iMerpool Breadstuffs and Provisions Markets.— Bar, &o tons. 816 1,209 2.685 45.869 Railroad tons. 4,719 16,311 13,676 159,214 Sat. Mon. Tues. Wed. Thurs. Fri. Hoops, sheets and s. d. s. d. s. d. s. d. *. d, $. d. boiler plates tons. 374 1.057 2,244 35,979 Plonr(ex. etate).1001b.l2 6 12 6 12 6 12 6 12 6 12 6 Tin plates tons. 14,707 16,300 98,567 110,291 (Vheat, No. 1, wh. " 8 11 8 10 8 10 8 10 8 11 8 11 Cast or wrought.. tons. 2,000 5,788 4,827 11,932 Spring, No. 2... " 88 88 88 88 89 8 9 Old for remanuft.tons. 19,043 4.181 33,300 184,583 Winter,West.,n. " 88 87 88 88 89 8 9 Steel—Unwrought tons. 459 903 3,729 31,670 Cal. white " 8 10 8 10 8 10 8 10 8 10 810 Lead—Pig tons. 175 389 205 Corn.mlxed.West. " 4 Ilia 4 11 4 Ilia 4 III3 4 Ilia 5 O Linen piece goods. . .yds. 7,925,000 6,308,300 58,480,700 69,883,800 Pork,We8t.me88..Wbbl.72 72 72 72 72 O 72 Jute manufactures. yds. 2,908,100 6,250,800 32,507,100 57,336.000 Bacon, long clear, cwt.. 42 42 42 42 6 42 43 Machinery—St m.ong's. Ji 127 170 3,139 5,096 Beef, pr. mess, ^ tierce. 63 6 62 6 62 6 62 6 62 6 62. 6 Other doacriiitious..* 15,882 5,794 102,328 241,904 Lard, prime West, ^cwt.43 43 43 42 6 42 6 42 3 Paper—Writing or print- Cheese, Am. choice " 61 64 64 61 64 64 ing & envelopes. cwt. 75 796 1,124 3,261 Other kinds, except Liverpool Cotton Market.—See special report on cotton. paper hangings. cwt. 106 237 2,909 2,720 Salt tons. 17,703 29.461 150,381 159,611 SiUc broad stuffs yds. 32,711 28,434 234,487 212,094 Bibbons £ 227 625 4,051 2,000 Other articles of silk only * 2,311 2,481 16,386 23,813 Do mixed with other Impobts and Exports for the Week.—The imports of last materials £ 7,118 18,167 42,706 74,824 Spirits — British and week, compared with those of the preceding week, show Ii-ish gals. 13,251 11,374 39,273 41,586 Stationery—Other than a decrease in both dry goods and general merchandise. paper £ 5,090 6,973 41,792 45,709 The total imports were $7,503,779, against 5iI2,797,557 the pre- Tin—Unwrought ...cwt. 659 907 14,251 13.802 Wool—British lbs. 560,200 71,900 1,454,900 9.750.700 ceding week and $8,666,859 two weeks previous. The exports Colonial & foreign. lbs. 1,194.200 577,600 13,149,900 18,917,618 Sept. 28 amounted to $9,131,409, against Woolen cloth yds. 235,300 621,500 1,331,200 3,2.=>6.900 for the week ended Worsted stuffs yds. 3,622,800 4,515,800 18,728,300 28,830,100 last week and .$8,718,379 two weeks previous. The Carpets, not being $8,728,104 rugs yds, 7,000 26,200 82,310 110,600 following are the imports at New York for the week ending The supplies of home-grown produce arriving at market are (for dry goods) Sept. 23 and for the week ending (for general now increasing:, and during the week ended Sept. 11 they were merchandise) Sept. 24: 28,146 quarters, against 13,643 quarters in the 150 principal FOBEION IMPORTS AT NEW TORE; FOR THE WEEK. markets; the estimated total for the kingdom being 112,600 1877. 1878. 1879. 1880. $1,432,003 $1,614,700 $2,155,438 $2,309,767 quarters, against 54,600 quarters in 1879. Since harvest Diy Ooods General mdse... 3,766,477 4,035,680 5,740,830 5,194,01« the sales in the 150 principal markets have been 57,010 $5,650,380 $7,896,318 $7,503,779 quarters, against 47,974 quarters; Total week $5,198,185 and it is computed that in Prev. reported.. 244,202,057 209,063,498 232,057,804 366,636,298 the whole kingdom they were 228,000 quarters, agaiust l.$249,400.542 $214,713,878 $239,954,122 $374,140,073 192,000 Total s'ce Jan. quarters in the corresponding period of last season. Without In oar report of the dry goods trade wiU be found the imports reckoning the supplies furnished ex-granery at the of dry goods for one week later. commencement of the season, it is estimated that the following quantities The following is a statement of the exports (.exclusive of of wheat and flour have been placed upon the British markets specie) from the port of New York to foreign ports for the siace harvest. The visible supply in the United States is also given Week ending September 28: 1X80. 1879. BXrOBTS FROM NEW YORK FOR THB WEEK. Imports 1878. 1877. of wheat. cwt. 5,716,236 4,829,577 3,149,708 1877. 1878. 1879. 1880. Imports of flour 2,727,593 655,951 512,000 313,337 285,536 For the week.... $6,775,624 $7,064,816 $8,126,960 $9,131,409 Bales of home-grown 298,318.583 kprodace Prev. reported.. 202,785,532 254,379,589 213,746.947 988,200 831,600 2,451,800 1,826,500 $231,873,907 $307,449,992 Total Toltte'ce Jan. 1.$209,561,156 $261,444,105 ^ 7,360,387 6,173,177 5,919,845 4,839,629 Deduct exports of EXPORTS AND IMPORTS OF SPECIE AT NEW YQRK. wheat and flour 79,100 113,2.50 165,451 108,391 The following table shows the exports and imports of specie S««nl' 7,281,287 6,059,927 5,754,391 4,731,253 at the port of New York for the week ending Sept. 25. . . 7

October 2, 1880. J THE CHRONICLE. 347

Exports from New Xork. Importt at Nem York. aulf Colorado & Santa Fe.—The location of this road is now Gold. Silver. Oold. Silver. completed to Brownwood, Texas, and contracts for grading to that point will be let shortly. The track is now laid to Little JI3,680 $46,433 $777,060 Great Britain River, nearly opposite Cameron, Texas, t«n miles France 1,019.812 northwest Germany 2,635,S57 from the late terminus at Temple and 197 milea from Gal- West Indies 19,000 68,220 veston. Mexico A despatch from Fort Worth, Texas, September " America 26,630 "9,314 24, said: A Bouth contract was entered into to-day All other coimtries. 18,441 securing- the construction of the Gulf Colorado & Santa Jbe Kailroad to this place. The Total $22,121 $49,040 $4,478,665 $(i7.S34 work will begin in a few days. Assurances are given that the Missouri Kansas Of the above exports $- were American gold coin and & Texas road will be extended here, making it the railroad centre of Northern Texas. Three of the loDKesfc $ silver coin. Of the imports $17,403 were American lines in the Southwest will form a junction here, and machine silver coin. gold coin and $58,782 shops will be constructed. The city paid $75,000 to secara th* The movement from January 1 to date inclades the export of road. The money was raised in three days," silver, the import |2,151,023 gold and $3,665,850 and of Union Pacific.—The following statement of earnings and |27,001,686 gold and $3,879,131 silver. The total exports and expenses from the time of consolidation, February 1 to Jnne in present imports of specie at New York the and several pre- 30, 1880, is published : Tious years have been as follows: FIVE MONTTIg. Gross earnings $10 279 489 Tear. Exports. Importt. Tear. Exports. Im2>ort8. Oi>er8tlng expenses (50 19-100) '.'.'.'.[ bIi69|20O

1 Net earnings 1880. $5,818,873 $30,890,817 1875. ^63,444,4 $9,544,809 55 120' 268 1879. 12,540,971 39,722.718 1874. 43,356,687 4,867,565 Dees interest on funded debt $2,350,348 1878. 10.01)5,072 15,387,207 1873. 42.877,859 6.424,429 Sinking fund 80,440 1877. 23.5t!2,319 ll.695,ti8(i 1872. 60,076,209 4,974,009 Government 62.5,000 1876. 40.392.129 4.958.667 1871. 56,202,229 8,256,415 Dividend, 2iaperccnt 1,289,060— 4,330,848 Statement of the Comjjtroller of the Currency, showing by Surplus $78J>,*40 States the amount of National Bank circulation issued, and the Warwick Talley Railroad.—Holders of first mortgage bonds amount of Legal Tender notes deposited in the United States of this railroad, issued October 1, 1860, and due October 1, 1880, Treasury to retire National Bank circulation, from June 20, 1874, are notified that the company will pay such bonds, with interest, to Oct. 1, 1880, and amount remaining on deposit at latter date. at maturity, at the New York National Exchange Bank, this city. Legal-Tender Notes Deposited to —The prospectus of the Brittenstene Silver Mming Company of Melire National Bank Circula- Colorado, organized under the laws of Additional tion since June 20, 1874. Legal Ten- the State of New York, ders on has just been issued. The property of this company is situated Cireulal'n d eposit States and issued s'ce To retire near Alpine, Chaffee County, Col., and is reported as Redempt'n with V. consisting Tebritohiks. June 20, Circ^ilaVn S. of Notes Total of twelve true fissure lodes from two to ten feet in width, 1874. of nnder Act Treasurer Liquidat- Deposits. at date. between well defined granite walls, three of which are largely ing Hanks of J' ne 20, 1874. developed by tunnels and shafts, all in rich ore. The ores are said to be of high grade, and all snbjeot to easy and profitable treatment. A mill run of the two foot seam yielded Maine. 1,461,180 317,000 600,000 917,000 196,102 256?^ N. Hampshire 632.865 72,997 55,800 123,797 32,376 ounces silver, first-class, and 98 ounces second-class to the ton Vermont 1,798,310 184, .597 1,148,240 1,332,837 189,006 of ore. As high as 1,000 ounces to the ton has been had from Ma8saoIuifi(.'tts 20,700,150 234,800 8,262,300 8,497,100 1,724,457 selected ore. A shipment of 70 tons yielded 158 ounces net to Rliode Island. 1,910,320 32.350 954,985 987,335 201,409 the ton. The extension of the Denver South Coniiftticut . 2,495,360 65,350 2.226,330 2,291.680 757,171 & Park Railroad New York 20,857,845 2,182,878 ;5,311,181 27,494,059 6,502,647 will pass within two miles of the property. The property is at Now Jersey.. 1,712,665 241,600 1,562,280 l,80;t,940 313,288 present under the management of Mr. George Daly. Pennsylvania 10,979,040 1,294,226 7,162,321 8,456,547 1,760,033 Delaware .... 232.275 —Messrs. Frank & Flamant, the well-known advertising Maryland .... 1,302,310 166,600 1,646,380 1,812,980 30,277 agents at No. 149 Broadway, announce that Mr. John J. Kier- Dist. Colimibia 456.500 422,604 458,060 880,724 48,659 nan, who has heretofore been a special partner of the Virginia 800,500 915,369 907,510 1,822,879 246,256 firm, has West Virjrinia. 226.810 731,060 365,185 1,086,245 167,214 been admitted a general partner, and that the business will be N'rth Carolina 1,235,660 128,200 1,012,585 1,140,785 143,020 continued hereafter under the name and style 9f Frank, Kier- S'th Carolina 90,700 953,380 953,380 21,741 nan & Co. Mr. Kiernan has been prominent for a long time Georgia 520,350 287,725 437,675 725,400 78,297 Florida 72,000 East as the proprietor of the Wall Street News Bureau, which Alai>ama 207,000 90,000 139,500 229,500 94,405 e has conducted with much enterprise and greatly to the satis-

Mississippi . . . 291 faction of business men and the press. Louisiana .... i,285,il6 '656,750 2,099,256 2,756',6bo 131,169 Texas 368,100 29,800 229,340 2.59,140 18,480 —Messrs. Kidder, Peabody & Co., of this city and Boston, Arl^ansas 171,000 171,000 171,000 26.290 whose card appears in another column, have recently removed to Kentuclty 3,811,430 629,867 1,504,933 2,134,800 365,481 beautiful and extensive oflices at the corner of Teimessee 647,170 370,401 533,859 904,260 167.114 Wall and Nassau Missouri 767,260 998,510 3,742,390 4,740,900 726,864 Streets, where they will, no doubt, be pleased to see their many Ohio 3,132,480 1,583,754 3,077,887 4,661,641 896,410 friends. This firm is among the prominent banking houses in Indiana 3,239,380 1,235,897 6,383,483 7,624,380 2,021,322 the United States having extensive connections with Europe in Illinois 2,545,365 1,769,434 6,605,146 8,374,880 1.010,284 Michigan 2.075,410 409,500 drawing bills of exchange, issuing letters of credit, &c. 2,449,!)75 2,859.475 07 1 ,266 Wisconsin .... 780.530 653,800 1,013,139 1,607,209 404,861 —Attention is called to the card of Mr. Samuel A. Strang, of Iowa 1,533,400 813,669 1.599,955 2,413,0; 425,087 this city, Minnesota 1,017,800 420,095 1,748,445 2,168,540 64(),035 who is among our oldest and best known bankers, and Kansas 147.600 781,721 190,550 972,271 222,176 makes a specialty of undertaking all business in connection Nebriuska 67,500 45,000 233,080 278,080 43,490 with railroads. Mr. Strang also buys and sells investment Nevada 36,000 1,888 Colorado 572,400 138,083 149,400 287,483 securities on commission. Utah 20,502 134.900 161,191 196,800 357,991 16,963 —Messrs. Winslow, Lanier & Co. give notice of the payment Montana 129.600 91,800 45,000 136,800 40,953 Wj'omiug .... 3,600 at their banking house, on and after October 1, of the coupons,

Wasliingtou . 135,000 interest, or dividends on a large number of the railroad and New Slexico.. 90,000 municipal securities which they represent as financial agents in Dakota 175,500 California 732,600 New York. *L«gyl tenders 3,813,675 Totals BANKING AND 91,2i0.975 18,150,808 85,172,944 t 120.303.283 FINIKIAL. •Deposited prior to June 20. 1874, and remaining at thati. o., date.uaro. tTotal deposits, $107,137,427. >. FISK dc HATCH, BANKERS AND DEALERS IN GOVERNMENT BONDS, Statement of the- Comptroller of the Currency on Oct. 1, And other desirable In> ostment Securities, 1880, showmg the amounts of National Bank notes and of Legal No. 5 Nassau Street, New York. lender notes outstanding at the dates of the pas,sage of the Acts of large or small amounts, June 20, 1874, January 14, 1875, and May 31, 1878, Buy and sell all issues of Government Bonds, In together with the amounts outstanding at date, and the at current market prices, and will be pleased to furnish information in increase or decrease: reference to all matters connected with investments in Ouvcmmeot National Bank Notes— Bonds. Amonnt outstanding June 20, 1874 it'lio sol 1«9 We are prepared to give information in regard to flrst-olass Railway Amount outstanding J.vnuary 14, 1875 351 81 1 450 Amount outstanding May Securities and to execute orders for the same. Amount 31, 1878 32"'55.5965 outstanding at date • 34"'57>)'hs3 Buy and sell all marketable Stocks and Bonds on commission, at the Decrease diu-ing the last month 1.18 185 Stock Exchange or in the open market. Increase suice October 1, 1879 9 V-llV.]^ 754713 Receive accounts of Banks, Bankers, Merchantfl and others, and allow ' Zegal Tender Notes— ' interest on daily balances ; and for those keeping accounts with us we Amount outstanding June 20, 1874 *•>«<> nno nnn Amount "• outstandinS January 14, 1875 3S'"ooo'ooO collect U. 8. coupons and registered interest, and other coupons, divi- Amount retired tuider act of Jan 14, 1875 to' May si' "H 353 18981 dends, o'ial folA banks, Government bad on application. $l,325™6o"°° not included In the above. Bonds," aopies of whiah can ba FISK dt HATCH. . ...

348 THE CHRONKJLE. [Vol. XXXL

The range in prices since January 1, 1880, and the amount of each class of bonds outstanding Sept. 1. 1880. were as follows : ^~~~"" Range since Jan. 1, 1880. Amount Sept. NATIoSXlirBAlVKS ORGANIZED. 1. 1880. Lowciit. Highest. Registered. Coupon. The United States Comptroller of the Currency furnishes the following statementof National Banks organized: 68, 1880.... cp. 101 5i July 27 104^8 M.ay 20 $12,181,000 $2,076,000 Autliorlzca •• citizens' N«tlonal Bank ot Ssulnaw. Michigan. 68, 1881... .cp. 103^8 .luly 9 107% May 26 162,653,800 51,204,400 492—TUe 104i« capital, $100,000; paid-in capital, $50,000. Darnel Hardin, 59, 1881.. ..cp. 102 12 Sept. 28 Apr. 28, 299,127,200 181,283,250 Presidont; D. W. Brljigs, Caalilor. 4>S8, 1891. .cp. lOB^sJan. 2 111% Aug. 2 172,091,500 77,908,500 48, 1907.... cp. 103 Jan. 2 11038 Sept. 3 532,242,3.50 205,999,000 DIVIDENDS. 69,cur'ucy.rcg. 125 Apr. 21 130 Sept. 9 04,623,512 dirldnnds liavff recently been annonnred - !«tate and Railroad Bonds.—The The following : principal movement in Per When Books Closed. Southern State bonds has been the decline in Tennessees, owing Kame of Company. Cent. Payable. (Days inclusive.) to the decision against the parties who brought suit to enforce a lien against the railroads that had already discharged their Banks. debts. Both the stocks and bonds of the railroads in Tennessee Gallatin National 4 Oct. 9 Sept. 30 to Oct. 7. Railroad*. have been correspondingly buoyant, and the railroad men have Chicafio R. r. & Pac. (quar.) 1% Nov. 1 little fear of any reversal of the decision in the United States Dulmqne & Sionx City 3 Oct 15 Oct. 1 to Oct. 1-5. Supreme Court, should 5 to Oct. 15. an appeal be taken to that Court. Honsatonic pref . (qnar.) $2 Oct. 15 Oct. Messrs. Naslina * Rochester l>a Oct. 1 A. H. Muller & Son sold the following at auction: Pitteli. F. Wayne & Chic, (quar.) 1^ Oct. 5 Shares. Shares. do special guar, (quar.) 15l Oct. 1 5 N. Y. Ga.slight Co 105>4 50 Long Island Ins 117'3 14 Brooklyn Fire Ins '20OI2 Slonx City & I'aciflo. pref. . 3H Oct. 1 Bonds. 40 North Elver Fire Ins IISH $23,745 State of Virginia FRIDAY, OCT. 1, 1880-5 P. H. 5 Quassaic Nat. B'k of New- Treasury notes $13 burg, N. Y 110 7,900 State of Virginia Tlie market and Financial Situation. There Money — 1,000 Keely Motor Co., $50 Treasury notes $3 has been a decided recovery in tone at the Stock Exchange, each, per sh $5 S$5 ,50 except in Government bonds, and the four per cents close to- Railroad and Jniscellaneous Stocks, The stock market day at 107M ex-coupon. This is equivalent to 108% coupons has again shown its versatility, and from the cloudy appear- on, and therefore % below last Friday's closing price, which ance at the date of our last writing has brightened up to a con- •was 108%. In our remarks at that time the lowest price should dition of relative steadiness, and even buoyancy. Whether the have been stated as just mentioned, 108 %, which was 2 per market in controlled by leading operators, or whether it is cent below the highest price ever made—these bonds having influenced by the common action of general buyers who chance pold on September 3 at 110%. Perhaps the .shortest, and also to turn their operations in the same direction at once, it cer- the most accurate account of the movement in Grovernments, tainly happens that the up and down movements have been may be given by the simple statement that the impression sud- quick and decided, and have resulted in the ."milking" process, denly came over many holders of the four per cents that these as noted in the remarks above. There seems to be no better bonds at 110%, and on the eve of a Presidential election, were theory to account for this than the fact that the uncertainty a very good sale. hanging about the elections of October and November is con- The Stock Market closes with a decided recovery from the sidered an obstacle to the entering just now upon a long bull decline of last week, and as a result of the advance a respect- campaign. On the other hand the whole commercial situation, able stock-brokerage firm on the bear side was to-day forced the railroad earnings, &e., are too strong to warrant a heavy to suspend. This was rather a novel occurrence, as the bear movement against the market, and thus the best chances failures of stock commission houses in the past year have been lie in the quick turns within a 5 per cent limit of fluctuations. few and far between, and it has also been comparatively rare This is nearly an off-hand view of the general situation of the that any firm doing a general business has been so heavily market, and should not be taken as applying closely to any par- involved on the short side as to run the risk of failure. If it ticular stocks. Earnings for the third week of September keep be assumed that the stock market is now to any great extent up well. On another page will be found our range of Govern- controlled by the operations of leading speculators acting in ment bonds and stocks at the New York Stock Exchange for the nnison, it is rather plain that the "milking" process is the months of August and September. policy which has been recently adopted as the best for their The earnings and expenses of the Houston & Texas Central purposes. Possibly these sharp fluctuations within a limit of Railway, just reported, for the month of August, were as fol- about five per cent have been considered the most profitable lows: sort of manipulation for the period of six weeks before the 1879. 1880. November elections. Gross earnings $232,122 $289,380 Operating expenses 133,710 138,375 The money market has been quite easy at 2@3 per cent on call loans and 5@5/^ per cent for prime commercial paper. Net $98,412 $151,004 The Bank of England statement on Thursday showed a de- The daily highest and lowest prices have been as follows: •rease of £179,000, and the reserve was oO% per cent of liabili- SaturAiy. ifonda*!. Tuesday. Wedneftd. Thursday, ties, against 53^4 per cent last week; the discount rate remains Sept. 2j. Sept. i7. Sept. 28. Sept. 20. Sept. 30. at 2}^ per cent. Am.nist. Tel. The last statement of the New York City Clearing House Atl.&Pac.Tel. :mi 40 a9H 39H 39>i 39'.j •40 iVA 40 40 58 S7« 59^4 banks, issued Canada South. 67>s S8>i 58V1 57i« ^IH September 25, showed a decrease of $659,750 Cent, of N. J.. «8M 7154 69 T2>< 6»y 72 719i Tin 72>S in the surplus over legal reserve, the total surplus being Cent. Pttciflc. 7I« 71Jj 71?< 71*1 72 73 72H 73W TiH 74 Ches.&Ohio.. 17'^ I»>j 18J)i W4 19 IHU against 18H, 18Ji 18Ji $4,643,075, $5,302,825 the previous week. Do lat prf 23 22 23H 23M •43 23J4 •24« "20 The following table shows the changes from the previous week Do 2d prf.. 19 :rf It) 19 •18J^"20 ii' Chic. 4 Alton. 113 113 113 113!^ 113 113M 114 114 114 1I4M •ad a comparison with the two preceding years. 131 :85i, Chic Bur.* Q. 1281^ 128 127 :28'i !30 I.'i2 1.J 133 Chto.M.ASt.P. Ml wax 91^ Wi% V\H «3 vsii van +93^ 95« Do pref. 112 li2 112 1I2J» 113 113 113 114 1880. Differ'ncesfr'm 1879. 1878. Chlo.&N.W.. 101 >S 102k lOlJs 102?^ 10Hil03)i 1113 104 104 105K Sept. 25. previous wceU. Hept. 27. Sept. 2S. Do pref. no 119,1, 119 119!« 110 121 121« 123 C.R.I.*P.new lie 110 116 \Wa llo5< 116 i?^lr 118 118-JS 36 37 87 Iioans and dlB. $310.204.0001Dcc $3,919,,500 $260,763,700 ^246,322.500 Ch.St.l-.&N.O. S55i so 33 3SM 3i!.i 35 J4 SUM 4014 4094 40 40;« 41*1 42 4234 Specie C5.147.000;Dec 1,360.,700 20.017,400 Ch.St.P.M.&O 40% 18,199,600 Do pref, noH 8i« 80M »Ui 81 BIH 8I54 «l)i 81« 82)4 Clrculathm .. 13.882.500 Dee, 462, 000 21,531.900 19,617,800 Clev.C. C.&I. •as TO 89 70 7UH 7014 70M Net deposits . 29-1.800.900 Doe, 4,121,,800 229,933,000 216,332.000 Col.Ohio.&l.C 16« 17 16K 18 nU 18>« 18 18J* XiOgal tenders. 13,197,200 Dee, 320,,500 40,017,700 45,680,700 Del.&H.Canal 82M 83>t 81*1 83V( 81)2 83>4 83 85 84 Del.Lack.&W. 8KM 89« 87?« 89J« 87H B9h, 89 m;4 »90M it'^ Legal reserve. $73,701,725 Dec tl.030, 450 $57,495,750 $54,083,000 Denver* It.G, 68H B9 B« 89H 68 eSH 6VH 6«M 70 71 Ecserve held. 78,344,800 Deo, 1,690, 200 00,003,100 63,880,300 Uan.&St.Jo.. 37 3S 37 :^8'.4 B&14 3S!^ 38« am 39 89-M Do pref, "iVH 80}^ 80 80J4 Sl« SIM 83 83!4 107>» )08)i feverish in tohe, but without any notable movement. The Louisv.JcNash 149 150 149 16 -H l,'i7 168>ii 156 138 150 :58 Manhattan.... 29 30 28Ji 29.^ 28^ 21% 29M 2954 2934 2!'.J4 remarks above refer to the extreme range in prices, and, in llar.&C.lst pf. *H 43i 3H 434 4 434 "3"' 3" a general way, give the cause for the recent decline. Do 2a prf, 'iii a 95" At the Jllch.Central Via 94 93 B4M 6iU 94 91^4 95 Treasury purchase on Wednesday ^he oifers to sell amounted .Mobile.* Chill, 21Ja 2;!.. •211^ 22>« 21 21 •32 23 22 3048 to $6,669,350, and ?2,500,000 were accepted, including Mo.Kan.'i.&T. 31 32?< am 32« 32 3iH 849i 36i< 1??« $1,957,200 Mor.&Esse.'c.. 10»>^ UUii lui'/i l0i)>« 110 111 111 6s of 1881, at 104-47@104-60; $540,800 5s, at 102-5B@102-«6, and Nash.Ch.&Stl. 51 55 53 59 59h 01 59 00 60 OCX $2,000 6s of 1880, at 102-47. NewCent.Coal 23!^ 257t 20 36 N.Y.C. &H. K. 128K 129 12sii 129W 128« 129>« 139 129JI 129« 1-'<6J4 The closinfir prices at the New York Board have been as follows: N.Y.L.E.&W. S7H 38ii 375^ m% 3TH 39ii 38^ 89Ji aau .39 Do pref. 69 70-" ma m'^ m^ 6U« 69" 711 70 N.y.Ont.&W. 22 22M 20 22M 20 23H 22H 23J4 23?4 23 Northern Pac. 28 2S|i 28H 28>i 279i 29 29><; 29H 29 28^ Do pref. 52 61 is 53>« S3 53>i 54H 53'A S3J* Ohio Central.. 21 21 20 20 21 21 69,1880.. reg. Ohio A Miss... am 329» 32 S2?< »4>S S3.« 34!^ 34^ 3a« 35 68,1880.. coup. Do pref. 73 73 73J< T3Xt .... '72 72 3H« 39)4 40)^ 3036 68,1881.. reg. Paclflo Mall... 37 3SH aiH 38)1 S7^ 39H 38H • '....195 . . . . 103 68,1881.. coup. Panama Phil. 4 Kead'g 261^ 2SHi 2rM 28ii 2754 31 aO'A 32'A 30« 32H 29>i. 30X 58,1881.. reg, St.L.A.ilMI. 19 19 19 19 58, 1881 .. coup, Do pref. 41d8, 1891 reg, 3t.I,.I.M.iSo. 4BJi 49k 47J4 mi 49J4 r,i 503« 51>s 50K 61X •31 '30 •30 '31 34 4>S8, 1891 coup, St. L.& S.Fran. '32 34 33 32 32 33 33 44 44 '43 4t 49, 1907.. reg. Do pref. 42M 42« 42>s i-m 42 4m 43>i 43)^ prf. • .. 75 75 72^ 724 JiH 72« •72 li 48, 1907.. coup. Do 1st Tunnel lii 1« V 68, cur'cy, Sutro 1« 1895. .reg. Union Paclflc. 85 srm 85M 87 85^8 87 sa 90 88»j 90iii 88« 89« 68, cur'cy, 1896. .reg. Wab.St.L.& P. 34M 3)5* 34^1 SiU 87 sen 37H 37 37?

•• also made ex.dlv. at 90340913^. Xlita is + Sales were the price bid at the morning Board : no sale was made. i Sales were also made ex-div. at f"" . . . . — :

October 2, 1880.] THE CHRONICLE. 349

. Latest eamtngs , Total sales of leading stocks for the week ending Thursday, reported— ,-Jan. 1 to latest Week or Ho. iHHO. 1879. 1880. 1879. prices for the year 1879 and from Jan. 1, 1880, and the range in St.L.&Sin Fran.3dwk8ept. $63,963 ? 14,010 $1,790,031 $966,693 to date, were as follows: 3l.P.Mlnn.2 June 11 204 Juno 8 119 150% •Ohio. Rock r.&rivc.. for business were 4 80>^@4 81 for bankers' 60 days sterling Col. Clilc.&rnil. Cent. 14,720 OiaMay 11 25% Jan. 26 5 28 and for demand. Cable transfers, 4 Del. 4 Sept. " 79 14 lOO-Tj %, %@M %@7-lG discount, Lake Krlo <& Western 9,010 20 14 May H 3838 Mar. 116 28% selling par; New Orleans, commercial 150@2()O discount, bank Lake Shore 75,871 95 .June 2 111% Mar. 67 108 par ; St. Louis, 1-10 discount; Chicago, 75@80 discount; Boston, Louisville & Nashv.. 7,960 8618 Jan. 8 164% Apr. 35 89% Manhattan 13,120 21 July 22 57% Mar. 16 35 7214 50c. discount. Michigan Central 16,496 75 May 17 98I4 Aug. 2 73% 98 Quotations for foreign exchange are as follows ; Missouri Kan. & Tex. 13.i,883 28% Mav 25 49>4Jan. 27 538 35% Morris A Essex 2.300 100 May 24 112% Sept. 9 75% 104% Oct. 1. Sixty Days. VeTnand, Nashv.Chatt. &8t.L. 22,300 4712 June ] 128 Mar. 5 35% 83 N.Y.Cent.&IIud.Rlv 13,49.5 123 M.ay 11 137 Mar. 31 112 139 Prime bankers' sterling bills on Loudon. 4 80^94 81% 4 83>4«4 84 N.Y. Lake E.& West. 162,920 30 June 1 48 Ta Feb. 2 21% 49 Prime commercial 4 79%®4 80 4 82 94 82% Do do pref. 7,0.50 47 May 23 73''a Feb. 2 37% 78% Documentary commercial 4 78%a4 79% 4 81 '34 82 Northern Pacillc 4,070 20 May 11 36 Jan. 14 ;i6 40% Paris (francs) 5 27%®5 2438 5 25 ®5 21'i Do pref. ] 1,780 3938 May 24 60 Jan. 13 4414 65 Amsterdam (guilders) 393a » 39% 39S89 40 Ohio & Mississippi .. 37,450 23 May 25 44% Mar. 6 73i 33 3e Fi-aukfort (reichiuarks) 93% 3 94% 94%« 94% Pacific Mail 32,385 27I3 May 17 62 Mar. 8 1038 39% Bremen (reUihmarks) 93%3> 04% 94%« 04% Panama 163 Jan. 2 195 Sept. 7 123 182 Phila. cfe KeadinR.... 73.050 13 'a July 2 7238 Jan. 3 The following are quotations in gold for varioas coins 3419 Feb. Bt.L.IronMt.ASouth. 77,750 May 25 66 17 13 56 Sovereigns $-1 83 ®$4 85 Silver I4S and %g. — 99%® par. St. L.I& San Francisco 100 25>4May 11 48 Feb. 2 3% 53 NaiKilcons 3 83 ® 3 86 Five francs — 92 a — 95 Do prof. 2,200 33 May 11 60 >4 Mar. 8 4% 60% X X Reichmarks. 4 73 a 4 76 Mexican dollars.. — 88 %a — 89 Do Ist pref. 466 60 May 11 83% Mar. 9 9% 78% X Guilders 3 96 ® 4 00 Do uncommero'l. — 87 '3—88 11 9738 tJnion Pacific 79,750 80 May Jan. 19 67% 95 Span'h Doubloons. 15 60 -air, 75 English silver 4 70 '3 4 80 Wall. St. L. & Pacific 40,130 26 13 May 25 48 Jan. 27 Mex. Doubloons. . ] 5 50 •S15 60 Prus. silv. thalers. — 67 '9 — 69 Do do pref. 115,855 51 14 May 25 73% Aug. 5 Fine silver bars". . 1 13 ® 1 13% Trade dollars — 9938® — 99^8 Tel . June 2 116% Feb. 24 8858 Western Union 81,035 86^ Flue gold bars par®i4prem. New silver dollars — 99% Spar. % dimes. — par. * Lowest price here Is for new stock, sold for first time June 11. Dimes & % 99%® t Range from Sept. 25. ; Range from July 30. The following table shows the receipts and payments at the The latest railroad earnings and the totals from Jan. 1 to Sub-Treasury in this city, as well as the balances in the same, latest dates are given below. The statement includes the gross for each day of the past week: earnings of all railroads from which returns can be obtained. Balances. " The columns under the heading Jan. 1 to latest date" furnish Receipts. Payments. Gold. Currency. the gross eaniiags from Jan. 1 to, and including, the period mentioned in the second column.

. /- Sept. 25... 1,695.012 61 2,215,466 45 79,076,915 08 6,310„533 70 Latest earnings reported. —, -JrtJi. 1 to latest dale.~. Weekorilo. 1880. 1879. 1880. 1879. 27... 1,438,636 34 3,420,193 37 77,613,817 28 5,842.072 47 Ala.Gt. Southern. August.... $38,701 $34,807 $390,993 $251,949 28... 2,603.935 36 2,039,673 95 73,253,507 12 5,766,642 04 Atl.ifeGt. West... .June 368,456 301,272 2,421,668 1,881,409 29... 914,313 50 573,046 70 73,639,071 79 5,702,844 31 Albany & Susn ..August 128,346 92,552 896,142 680,950 30... 1,322,688 40 1,383,376 78 78,749,603 64 5,549.624 08 Atch.ToD.&S.Ke. August.... 673,000 516,765 Oct. 1... 1,084,436 91 3,199,036 09 76,757,456 36 5,427,172 21 Atl. Miss. & Ohio. July 145.585 138.224 1,018,099 853,710 Atl. & Char.Air-L.August 65,044 51,955 525,887 433,893 Total. 9,079,523 15 12,832,797 40 Bur.C.Rap.j August 208,.30O 210.927 1,353,579 1,112,493 East River 2,')

360 THE ( HRONICLE. [Vol. XXXI. GENERAL QUOTA IIONS OF STOCKS AND BONDb. the par may be other quotations are frequeatly made per share. whatever ; Qnntjitlons In Xow York reproaent tUe per cent value, " mortgage; "g.," for gold; g'd," for guaranteed ; "end.," for endorsed; "com." followlnKabhrevlaUons are often used, viz.: "M.,"for The " oonvertible; "s. f.," for sinking fund; l.g" for land grant. for consolidated; "oonv.,"for cities, to lato maU dates. in New York are to Thursday ; from other Ouotations dlaeovered Sobscrlbera wlU confer a Ikvor by giving notice of «">r error In theae gnotatlong.

Bid. Ask. Ciir Bid. Ask. URTTED BTATE8 BONDS. Bid. Ask. STATE SECURITIES. Securities. CNITED STATES BONDS. Virginia— (Continued)— Fall River, Miiss.-6s, 1904.. .F& Al 11714 117% 6s, consol., 2d series J & J 27 58, 1894, gold F&A I 106 108 68, 1880 reg....J&J 102 M 1021a 10214 102 la 68. deferred bonds 714 Fitchl)urg, Mass.— 68. '91,W.L. . J&Jt 112 114 68, 1880 coup-.-.J&J 42 reg....J&J 104% 104S9 10-408, new 41 Fredericksburg, Va.—78 M&N 110 68, 1881 coupons 92 Galveston, Tex.—10s, '80-'95 ..Var. 1881 C0UP....J&J lOlia 101«8 Tax-receivable 901s 68. 102 SECURITIES. Galvest'n Coimty.lOs. 1901.J & J 102 105 5e, fuiMed, 1881 reg...Q— 102!!» 'e CITV 102" N. Y.—68, long.... Various I 100 Harrisblug, Pa.—Water loan 5b, funded, 1881 coup...Q— 102»8 Albany, ' 114 Hartford, Ct.—City 68, var. dates.. 101 109 4ias, 1891 reg..Q— 109 78 long 4s Capitol, untax, Gs i 118 121 iijs, 1891 coup..Q— 109 109 14 Allegheny, Fa.— J&J 68,1876-'90 J&J* Hartford Town 4ia8. untax. 1 106 108 «8, 1907 reK...Q-J 107 108 7s, 1880 J&J* Haverhill, Mass.—6s, '85-89.. A&Ot 108 110 48, 1907 coup.. .Q— 108'e 109 Wharf Co., 5s J&J 105 Houston. Tex.—10s 18 25 6s, Currency, 1895 reK....J&J 12,5 Allegheny 78 107 110 Gs, funded 20 30 68, Currency, 1896 rcg J&.1 125 Atlanta, Ga.— Do. 88 112 116 Indianiyiolis,Ind.—7-30s,'93-99.J&J 68, Currency, 1897 reg—J&J 125 98 105 Jersey City—6s, water, long, 1895.. 102 103 Currency, 1898 reg. ...J&J 125 Waterworks 6fl, 1887, mun. .F&A) 104 105 7s, do 1899-1902 J&J 110 111 6s. rurremv, 1899 reg J&J 125 Augusta, Me.—OS, G»T. SKCVRIT'S. Augusta, Ga—7s Various 105 78, improvement, 1891-'94 Var. 105 106 FORKinN 100 103 7s, Bergen, long J & J 104 105 Quebec—5s, 1908 M&N 103^ Austin, Texas—10s SECrrRITIES. Baltimore—6s, City Hall, 1884 O— 108 Hudson County, 6s A&O 102 103 STATE 111 do 78.M&SandJ&D 107 108 Alabama—Class "A," 2 to 5, 1906... 70 6s, Pitts. & Con'v.RR.,1886.. J&J no 68 6s, consol., 1890 Q— 116 II6I4 Bayonne City, 7s, long J&J 100 101 do smull IIGI4 1 116 II6I4 Lawrence, Mass.—69, 1894. . . A& O i 117 Class "B," 5s, 1906 90 6s, Bait. & O. loan, 890 Q— 1 108 112 Caa8a"C,"2 to5, 1906 77 68, Park, 1890 Q-M 115 117 Long Island City, N. Y longdates. Var.1 IO8I2 115 Arkansas—68, mndcd, 1899 ..J & J 19 20 68, bounty, 1893 M&e 117 Louisville, Ky.—78, 121 short dates Var IO6I3 1141s 78, L. K. & Ft. 8. is.sue, 1900. A & O S's 9 6s, do exempt, 1893... M& 8 78, 1899.. 58, funding, 1894 M&N 115 117 6s, long Var. 1041a 1061s 78, Memphis & L.R., A & O 8% " I 103 R. P. B. & N. O., 1900. -A & O 8 68,1900 J&J 120 short Var. 104 78, L. 120 go 78,M18S. O. & K. Riv., 1900. . A & O 8 68, West. Md. RR., 1902 ....J&J 116^^ Ark. Central RK., 1900. A & O 8 5s, consol, 1885 Q— 102 LowelirMass.—68,'i896',W.'L.M&Ni 116% 7b, 105 78, Levee of 1871, 1900 J & J 9 6s, Valley RR.,1886 A&O 110 Ill Lynchburg, Va.—68 J & J 107 Californi!t-68, 1874 58, new 1916 M&N 118 120 8s J & J 121 107 112 Lynn, Mass.—6s, 1887 F&A I 109 110 Connecticut— .58 t 104 106 Bangor. Me.—68, RR.,1890-'94. Var.1 117ia 68,1883-4-5 107 6s, water, 1905 J&JI 114 115 Water loan, 1894-96 J&J 118 IO21J Delaware—6s J&J^ Gs, E.& N.A. RaUro,ad, 1894.J&J) 109 111 5s, 1882 M&Nt 102% Florida—Consol. gold 68 J & J 83 92 6s. B. & Piscat.aQuis RR.,'99.A&OI 109 111 Macon, Ga.—78 S3 I 102 1-. 10313 Oeorgia^es, 1880-86 F&A 103 Bath, Mo.— 69, railroad aid Varl 104 107 Manchester, N.H.—5s,1883-'85J&J 1121; 114 7s, new bonds, 1886 J & J 109 la 5a, 1857. municip.al 101 102 6s, 1894..: J&JI 78, endorsed, 1886 109 110 Belfast, Me.—68, railroad aid, '98 105 107 Memphis, Tenn.—6s, C J&J 30 7s, gold bonds, 1890 Q— 113 Boston,Mas9.—68,our,long,1905Varl 122 124 68, A&B J&J 30 8s,'76, '86 A&O 108 112 58, gold, 1905 Var.1 113% 116 68, gold, fund., 1900 M&N 30 Kjuisas—78, long J&J 49, currency, 1809 J&J 102% 103 6s, end., M. & C. RR 30 Kentucliy—6s Sterling, 5s, gold, 1893 A&0;1 108 no 6s, consols J&J 45 Iiouisiana-New con. 78, 1914. .J&J 4sH 49 do 59,gold,1899 J&Ji 104 106 Milwaukee, Wi9.—5s, 1891.... J & D 95 102 78, small bonds 4412 do 5s, gold, 1902 A&0;1 112 114 •is, 1896-1901 Var. 108 Maine—49, 1888 F&A 101 102 Brooklvn, N.Y.-78, '79-80.. -J & J 101 104 78, water, 1902 J&J 115 War debts assumed, 6s, '89.A& Ot II5I2 116 7s, l§81-95 J & J 104 115 Mobile, Ala.—88 J&J 20 War loan, Cs, 1883 M&S 1051a 106 78, Park, 191,5-18 J&J 133 136 5s J&J 20 Maryland—6s, defense, 1883.. J&J 1071a 78, Water, 1903 J & J 130 134 Os, fimded M&N 30 40 6s, exempt, 1887 J&J 111 7s, Bridge, 1915 J & J 129 133 Montgomery, Ala.—New 33 ..J & J 68, Hospital, 1882-87 J&J no 68, Water, 1899-1909 J & J 114 118 58, new 80 ib'6" 6s, 1890 Q-J 108 6s, Park, 1900-1924 J & J 118 120 Nashville, Tenn.— 6s, old 100 58, 1880-'90 Q— 100 Kings Co. 78, 1882-'89 M&N 106 114 6s, new 100 Var.t 107 108 Massachusetts—5s, 1683, gold .J&J i IO3I2 104 do 68, 1880-'86 M&N 103 115 Newark—Gs, long 5s, gold, 1890 A&O 1121a 1131a Buffalo, N. Y.—79, 1880-'95....Var. 103 7s, long Var.t 113 114 5s, gold, 1894 Var.1 114% 115 7s, water, long Var. 115 120 7s, water, long Var.t 115 116 118 5s, g., sterling, 1891 J&J; 106 108 6s, Park, 1926 M&S 107 111 New Bedford.Mass.-6s,1893.A&Ol 117 do do 1894 M&N: 109 111 Cambridge, Mass.—5s, 1889... A&Ol 108 109 58, 1900, Water Loan A.&O IO7I1 109 do do 1888 A&O; 105 107 6s, 1894-9G. water loan J&JI 118 119 N. Brunswick, N. J.—78 t 102 107 Michigan—68, 1883 J & J 103 6s, 1904, city bonds J&J 121 122 68 t 9-t 99 78,1890 M&N 115 Caindeu Co., N, J.—68, coup... J&J* Newburyport, Mass.—6s, 1890. J&JI 113 115 Minnesota—78, RR. repudiated 30 40 Caindeu City, N. J.—Gs, conp.. J&J* N. Haven, Ct.—To wn, Gs, Air Line. . Missouri—68, 1886 J & J 108 7s, reg. and coup J&J' 125 Town, Gs, war loan Fuiidins bonds. 1894-95 ....J & J 1121a Charleston, 8.C.-6s, 8t'k,'76-98..Q-J 69 70 do 68, Town Hall Long bonds, '89-90 J&J 110 78, Are loan bonds, 1890 J & J 61 63 City, 7s, sewerage Asylum or University. 1892. J & J 110 78, non-tax bonds 110 do 68 Hannibal & St. Jo., 1886. ...J&J 106 4s, non-taxable 69 70 do 58,1897 do do 1887....J&J 107 Chelsea. Mass.—Gs, '97,water 1.F&At 116% 117 New Orleans, La.— Premium bonds. 37 N. Hampshire—5s, 1892 J&J Ul 112 Chicago, 111 —78, water bonds, 1892 117% 11858 Consolidated Gs, 1892 Var. 45 '75 War loan, 63, 1892-1894 J&J I II713 118 78, water bonds. 1895 I2II4 Railroad issues, 6s, & '94.. Var. War loan, 6s. 1901-1905 J&J 1211a 122 7s, city bonil9, 1892 1175(. 118% Wh,arfimpr., 7-308, 1880... .J &D War loan, 68, 1884 M&S IO713 109 78, city bonds, 1895 I2II4 122 N.Y.City-Gs, water stock, '80 Q-Fl 101 102 New Jersey—68, 1897-1 902.. . . J&J- 4158, city bonds, 1900 103% IO414 58, do 1890 Q—Fl 108 109 68, exempt, 1896 J&J* Cook Co. 7s, 1892 118 119 6s, do 1883-90 Q-F 101 110 New York—8s, gold, rtg., '87. . .J&J 109 Cook Co. .58, 1899 106 IO6I3 6s, aqueduct stock, '84-1911. .Q-l 106 120 68, gold, coup., 125 126 1887 J&J 109 Cook Co. 4ii8, 1900 103 ''a 104 14 '79, plpe9and mains, 1900..M&N 68, gold, 1883 J & J 107 West Chicago 5s, 1S90 103 "a 103'8 6s, reservoir bonds, 1907-'11.Q— 118 120 gold, . . 68, 1891 J & J 118 Lincoln Park 78, 1895 108% 109 14 5s, Cent, Park bonds, 1898 . Q -F 106 108 6s, gold, 1892 A&O 119 West Park 78. 1891 109% 110>4 6s, do 1895... Q—F 117 118 68, gold, 1893 A&O 121 South Park 6s, 1899 100 78, dock bonds, 1901 M&N 123 126 N. Carolina—bs, old, 1886-'98..J&J 31 Cincinnati, O.—Gs, long Var.i 112 113 68, do 1905 M&N 118 120 68, old A&O 31 68, short Var.i 102 103 78, market stock, 1891-97..M&N 125 126 68, NC.RR., 1883-5 J & J 115 7-30S Var.1 125 130 6s, Improvem't stock, 1889.M & N 107 108 68, do A&O 115 7s Var.t 120 121 78, do 1890 ...M&N 114 116 68, do coup. off. 128 J&J 90 Southern RR. 7-bOs, 1902... J&JI 126i« 127 68, gold, cons, bonds, 1901. M&N ; 123 68, do coup, off 1888. 102 la 105 A&O 90 do 7-309, new i 1261? 127 6s, street impr. stock, M & N 68, Funding act ot 1866, 1900 J&J 11 do 6s, g., 1906.. M&N 114 115 7s, do do '79-82.M&N 104 107 68, do 1808,1898A&0 11 Hamilton Co., O., Gs 105 Gs, gold, new consol. , 1 896 117 118 68, new bonds, 1892-8 19 106 107 J&J do 78, short I 103 7s, Westchester Co., 1891 68, do A& O 19 do long 7a & 7-303.1 115 Newton—6s, 1905, water loan.. J&J 120 122 68, Chatham RR A&O 3 Cleveland, O.—6s. long Various. 111 114 58, 1905, water loan J&.) 111 113 68, special tax, cla.S8l,1898-9A&U 3 30-year 5s 105 106 Norfolk, Va.—6s,reg.8tk,'78-85.. J&J 103 68, do class 2 A&O 3 5 68, short Various. 100 102 8s, coup., 1890-93 Var. 118 68, do cla«s3 A&O 3 414 1901 M&N. 125 78, long Various 1 115 120 8s, water, 4s, new 78 80 78, short Variousi 102 110 Norwich, Ct.—5s, 1907.. A&OI 108 110 48, new, small 77 Special 78, 1879-'89 Yearly 1 103 115 7s, 1903 J.&J 120 122 Ohio—68,1881 J & J 105 Columl)US, Ga.—78, Various Var. 80 Orange, N. J.—7s, long f 110 68,1886 J 110 1 ioiij & J Covington. Ky.—7-30s, long i Oswego, N. Y.—78 102 Pennsylvania—58, gold, '77-8.F&A* 7-308, short 1 Patersou, N. J.—7s, long Vai 114 115 Ss, cur., rcg., 1877-'82 F&A 8s Gs, long 109 110 6s,new,reg., 1892-1902 I F&A 114% 115 Dallas, Texas—88, 1904 85 90 58, long 102 104 68. 10-15, reg., 1877-'82 F&A 102 108,1883-96 ; 95 105 Petersburg, Va.—68 J&J 102 68, 15-25, reg., 1882-'92 F&A 106 Dayton. O.—89 8s J&J 115 Rhode Island— 115 6s, 1882 M&8I Detroit, Mich.— long 8s, special tax 116 120 68,1893-9, 79, Var.t 110 120 coup J&J 7s, water, long Var.t 115 Philadelphia, Pa.—58, reg J&J* Bouth Carolluii—08, Act of March ) District of Columbi.-v— 6s, old, reg J&J il2"' 23, 1809. Non-fimdable, 1888.. S Consol. 3-65S, 1021, conp 98 99 Gs, new, reg., due 1895 & over. J&J 127 128 Browne consols F&A Consol. 3-65S, 1921, reg.... 98 4s, new 104 107 Tennessee— Gs, old, 1890-98 j'& 971a .. J Funding 5s, 1899 J&J 106 1071a Pittsburg, Pa.—49, coup., 1913.. J&J. 90 68, new bonils, 18921900 ..J&J HO email J&J 106 107 58, reg. and coup., 1913 J&J. 6s, new series, 1914 13 J&J do registered J&J 106 107 »2 78, water, reg.&cp.,'93-'98... A&O. 122 Texas—«K, 1892 M &SI Perm. imp. Gs, guar., 1891. ..J&JI 110 II312 7s. street imp., reg, '83-86 Var 108 78, gold, 1892-1910 M&.St Perm. imp. 78, 1891 J&Jt 112 116 Portland, Me.—6s, Mun., 1893. Var. 113 117 78, gold, 1904 J &jt Wash.-Fund.loan(Cong.)6s,g.,'92( 110 11312 69, railroad aid, 1907 M&S 114 115 Vermont—«8, 1890 J&J) Fund. loan(Leg.)Gs, g., 1902 Varl 110 116 Portsmouth, N.H.—6s, '93, RR. J&J I 1091a 110 Virginia—68, old, 1886-'95....J & J 120 Elizabeth, N. J.—78, short 33 45 Poughkeepsie. N. Y.—78, water 1| 114 68, new boud.s, 1886-1895.. .J & J 7s, funded, 1880-1905 Var, 33 45 Providence. R.I.—.5s,g.,1900-5.J&J I 112iaill3 6s, consol., 1905 J ,fe j 78, consol., 1885-98 A&O 38 45 6s, gold, 1900. water loan. ..J&J 120 il23 6s, do ex-cnni).. 190.5... J & J 79, 1905 38 6s. 1885 M & SI 107ial09 * Frloe nominal ; no late transactions. t Parohoser also pays aoorued interest. t la Iiondon. FI ' A ly

OCTOBElt 3, 1?80.J THE (CHRONICLE. 351

GENERAL QUOTATIONS OP STOCKS AND BONDS—Coxti.hued. For Explanations See Notes at Head of FIrat Pace of Quotations.

CiTV SECDRITIEg. Bid. Ask. Railroad Bonds. Bid. Ask. Bailroad Bond*. Bid. Bichmoud, Va.—68 J&J Il2>s 113 Buff.N.Y.&Phll.—l8t,68,g.,'96.J&J Chlo. St. L.4N.O.-litcon. 19U,7» 109 110 Rs J & J I28I4 129>» 2d mortgage, 78, g 2d mort 68, 1907 J&D 78 58 100 lOlJfl Bur. C. R.& N.—l8t.5s,new.'06.J&n 04 95 Ten. lien, 78, 1897 M&N 105 KoolioHMr, N.Y.—08 Var. Bur.&Southw.- 1st M., 88,'9.3.M&N 36 40 Ml88. Ceu., 1st M.,78,'74-84.MAN 107 108 78, wutcr. 1903 J & J (;airo&St.L.—lstM.,7s, UWl.A&o do 2d mort., 8h 107 100 Rockland. Me.—69, '89-99,RR.F&A Cairo & Vine.—l8t. 78, g.,1909.A&0 ,65 68 N.O.Jack.&Gt. N.,lgt.,88.'8« J&j 110 lU 1109 111 Ht. Joseph, Mo—"8 Var. 70 Califor. Pac.— lat M.. 7a, g.,'89. J&J do 2d.M.,H«.'90,ctf8.AA() 113 116 Bridal! 108. 1891 J A J 70 2d M.. 6a, g., end C. Pac, 'SO.J&J 101 do 2dmort.dcbt A.^iO 113 lie 1110 (95 Chlo.St.P.Min.&Om.— 8t. Ia)U1b,Mo.—68 cur., long bds.Var. 3d M. (guar. C. P.), Os, 1905. J&J Con. Oh. 1930 08% 09 68, sUort Var. • 107 do do 3a, 1905. J&J 50 Ch.St.P.& Minn. lal.Oa.lOlH.M&.N 108 tllO Camden A Atl.—lst,78, g.,'93..J&J 122 Land grant, inc., tia, 110 Water ds, eold, 1890 J AD 106 1898MAN do do (new), 1892.A&0 IIOJ4 Cam.& Bur. Co.— Ist M., 69,'97.F&A North Wise, Ist 68, 1930 J&J 102>a 9408 Bridge aporoacli, 68 110 Canada 80.— 1st M..guar.,1908,JAJ 94% St. Paul&S.Clty, 1st «a, 1 9 1 9. A&O 105% 105% Renewal, 'gdrt, 68 Var. 110 CaroUna Cent.—lat, 68,g.,1923.J&J 50 70 Cincinnati Hamfltcin &Daylon— Sewer, 6s, gold, 1891 -'93. ...Var. 110 Catawlsaa-lat M., 7s, 1882. .F&A 2d mort., 78, 1885 J&J tl05 Bt. L. Co.—Park, ««. ft.,1905.A A O 113 New mort., 78, 1900 F&A Conaol. mort., 7s, 1905 A&O llllia 113 Currency, 7a, 1887-'88....Var. 110 Cedar F. & Min.— 1st, 78, 1907. J&J 1081a do 6s, 1903 A40;t 1051a 1061* '9 1114 110 Cin. I., 1 Bt. Paul. Minn.- 68, '88-'90..J & U 100 105 Cedar R. A Mo.—Ist, 78, 1 . . . F&A H. & lat M., 7a. 1903.J&.I 105 106 7s, 1890 M&N 110 115 1st mort., 78, 1916 MAN 1117% 118 Cln. I. St. L. & Chic-Con. Oa. 1920 96 100 88, 1889-96 Var 112 Cent, of Qa.— Ist, cona., 78, '93. JAJ 110 112 Ciu.& Indiana, lat M.,7a.'92.J&D 1 108 112 Salem. Mass.— 6s, long, W. L..A&0 U17 118 Macon A Auir., 2d,cnd. ,78,'79. JAJ 100 do 2d M.. 78.'82-87.J&,l • 102 tl09 111 '99. ioi's Indianapolis '97 1 59, 1904, W. Is JAJ Cent. Iowa—New lat, 7a , J&J C. & L., 78 of 102>a 100 108 bonds," debt 80 85 Ind'apolis an., 1st, 106 8. Francisco- 78, g.,Clty & Co . . Var. Inc. certa.", 78,A&0 & 7s,'88.-A&0 6s. 100 Central of N. J.— lat M.,79,'90.F&A 117 II7I3 Cin. Laf.ACh.— Ist, 7s,g., 1901. M&8 05 Savannah funded 58. cousols 79 82 7s, conv, 1902. a.s.sented M&N 1071a Cin. Rich. AChic- Ist. 7s, '95. J&J tl03 SemerviUe, Mass.—58, 1893.. !l06 108 Consol.M.,7s,1899,aaBcnted.Q— 1071a i'oa' Cin. Rich. & F. W.—Ist, 78, g...J&D 90 A&O IO8I3 6g, 1885 J&J tl07 108 AtVjustment bonds. 1903 111 Cln. Sand'ky & CI.—Os, 1900.. FA A tlOlis 103 6H18, 1881 AAO tlOS^a 110 Income bonda, 1008 M&N 83 78, 1887 extended M&S t95 Sprlngfleld, Mass.—68, 1905. .A&O (117 118 Small bonds, 1908 M&N 78 Conaol. mort.. 7s, 1890 J&D 97% 98 78, 1903, wator loan A&O 1120 122 Am. Dock & Imp. Co., 78,'86 J&J Cin.&Sp.—78, C.C.C.A I., 1901.A&O 108 110 Toledo, 0.—7-308, RR., 1900. M & N tl07 do assented iim 78, guar., L.S.& M.S., 1901.. A&O 115 . 8s Var. 112 120 Leh.A Wilkesbarre Coal,'88,M&N 70 Clev. Col. C. A I.—1st, 78, '99. MAN 122 88. water, 1893 & '94 Var. 115 122 Small bonds, 1888 M&N Conaol. mort., 78, 1914 JAD Ill's Washington, B.C.-5ce Dist. of Col. Consol., 7s, gold, 1900 Q-M 115 131 Belief. A Ind. M., 78, 1899... J&J Wilmington, N.C.—68, gold, cou. on do assented 93 951a Clev.&M. Val.—Ist, 78. g., '93. FAA 88, gold, eou. on Cent. Ohio—1st M., 6s, 1890.. M&S 110 114 S. P\ 2d mort., 7s, 1876 MAS Worcester, Mass.—68, 1892... A&O 1117 118 Cent. Pacific- lat, 6a, g.,'95-98. J&J 111% 112 Clev.Mt.V.A Del.—lst, 78, gold.JAJ V 5s, 1905 A&O 109 111 State Aid, 7s, g., 1884 J^feJ 104 Columbus ext., 78, gold, 1901 ir Yenkors. N. Y.-Water. 1903 U13 118 8. Joaquin, 1st M.,6a, g.l900.A&0 108 109 Clev. A Pitts.—4th M.. 68, 1892..r&J 115 Cal. A Oregon, lat. 69, g.,'88.JAJ 1051a Consol. 8. F., 78, 1900 M&N 118 RAILROAD BONDS, Cal. A Or. C.P.bond8, 6s,g..'92 J AJ U09 ni C. C. & I. C—1st cons, m., 7s .A&O 95 Ala.Ccut.— l»tM.,88,g..l901..J&J 87 95 Land gi-ant M., 68, g., 1890. AAO 2d mort., 78, 1909 F&A Ala. Gt. Soutlieru— l8t inort., 1908 1 103 107 West. Pacif., Ist, 68, g.. '99.. J&J 108 109 Trust Co. cert., Ist, ass'd 92 >g 93 H Ala.& Cliatt.. 7s. receivers' ctfs Charl'teCol.&A.-Con8.,78,'95.J&J 10613 1071a do do supplementary. 95 !« 9538 Alb'y & Susq.-Ist M., 7s, '88.. J&J 114 2d mort., 7s, 1910 J&J loo 102 do 2d asad 2a mortgage, 78, 1885 A&O 110 Clieraw &Darl.—l8t M.,88,'88.A&0 116 do Income 78. .1890 45% 46 Consol. mort., 78, 190e.giiar.A&O 115 2d mort., 7s 106 Chic. & Gt. East., Ist, 7s,'93-'95. 85 AUegh. Val.—Gen. M., 7 3-108. .J&J 1211s Chea. & Ohio—Pur. money fd.,1898 1061a C0I.& Ind. C, 1st M., 78, 1904.J&J 112 East, exten. M., 7s. 1910.... A&O 10614 Series A do 2d M., 7s, 1904.M&N 102 106 Income, 7s, end., 1894 A&O 33 6s, gold, series B, int. def. 1908.. 691s 6914 Un.& Logansp.,lst, 7s, 1905.A&O 103 110 Atoh'n & Nob.— Ist, 78, 1907.. M&S 1141a 115 68, gold, small bonds, 1908 65 T. Logansp. & B., 7s, 1884.. F&A 100 105 At&FkP.— Ist. 78, g M&N 100 105 68, currency, int. deferred, 1918. 381a 39 Cin. A Chic. A. L, 1886-'90 95 100 (118% 119 Aton. Top.& S.F.— 1st, 78, g.,'99.J&J 6s, currency, small bonds, 1918 . 35% Col. A Hock. v.—l8t M., 7s, '97.AAO mo Land grant, 78, g., 1902 A&O U15ia 116 Va. Cent., 3d M., 6s. 1884. ..J&J 2dM.,7s, 1892 JAJ M02 tl04ia 2d mort., 78, g., 1903, conv. A&O tll8 1181a Cheshire—6s, 1896-1838 J&J 105 Col. Springf. A C—Ist. 7s,1901.M&S Land Income, 8s J&J i 10310 107 Cheater Val.— Ist M., 78. 1872.M&N Col. & Toledo— lat mort. bonds tl07 110 Guaranteed 7s, 1909-. J&J&A&O 111% 112 Chic. & Alton—lat M., 78, '93. .J&J 1211a Col. & Xenia— lat M., 78,1890.M&S HlO 115 58, 1900 981* 981s Sterling mort., 6s, g., 1903.. J&J Ulo 117 Conn. A Passump.—M., 78, '93. A&O tlll% 112 Florence & El Dor'do, l8t.73. A&O 196 >i 107 Income, 78, 1883 A&O 106 Maasawippi, g., 6s, gold, '89 J&.1 flOO 102 - K.C.Topeka&W., Ist M..78,g.J&J tll6 II6I3 Bda. Kan. C. line,6a.g., 1903. M&N 114 Conn. Val.— Ist M. 1901.. .J&J 65 67 do Income 73. A&O 110 113 Mias.Riv.Bridge, lat.,8.f.,08,1912 Conn. West.—lat M., 7s, 1900. J&J 36 37 N.Mer.&So.Pac.,l8t,78,1909 A&O 111 lllie Joliet & Chic, lat M.. 88,'82..J&J 103% Connecting (Phila.)—Ist, 68 ..M&S 111 Pleas't Hill & De Soto, lst.78, 1907 109 IO914 Lonla'a A Mo.R., 1st, 7s,1900F&A 1121s Cumberl'd & Peim—lat 68,'91.M&8 100 105 Pueblo & Ark. v., Ist, 78, g.,1903, 1112% 112i5B do 2d, 78, 1900 MAN 1031a 2nd 08.1888 M&N 95 100 Wicliita&S.W.,l8t,78,g..gua..l902 tlOS 1081a St.L. Jacks'v.A C, l8t,78,'94. A&O 115 Cumberl.Val.—l8tM.,8s.l904.A&O Atlanta & Charlotte Air L., Ist, 78 931a 95 Chic. B. & Q.—Ist, S.F.,8s, '83.J&,I 109 Dakota Southern—78. gold,'94,F&A 195 100 55 100 Income. 6s 53 Consol. mort., 78, 1903 J&J 125 Danb'y & Norwalk—7s, '80-92. . J&J Atlan.& Gt.W— Ist M.,tru8t«e8' ctfs ;69 71 Bonds. 58, 1895 J&D tlOl 102 D.iyton&Mich.—lstM.,7s,'81.J&J,,f 101 Is 102 2d mortgage trustees' certiflo's.. 128 30 5s. 1901 A&O 96 102 2d mort., 78, 1887 M&S 1 104 3d do do do (13 14 Bur. A Mo. R., I'd M., 78,'93.A&0 115 II5I2 3d mort, 78, 1888 A&O f 103 38 103 105 L'sed L.rental tr'8t'73,Tru8.cer.78 ;35 do Conv. 8s,'94 aer.J&J H30 Dayt. & West.—1st M.,6s, 1905.J&J i' West. ext. certtfs, 88, 1876.. J&J 72 77 Bur.&Mo.(Neb.),lat,6.a,1918.J&J|tl09% 110 1st mort., 7s, 1905 J&J H07 do do 78, guar. Erie 177 77 do 88, conT.,1883.J&jl 130 Delaware—Mort., 6s, guar., "93 J&J 112 Scrip for prior lien bonds, 6s {103 103 do Cona,6s,non-ex..J&J|1103% 104 DeL& Bound B'k—Ist, 78,1905F& 115 116 Mort. deb. 4h :7i 73 do Neb. RR,lst,78,A&0 H2 Dei. Lack.& W.—2d M.,78, '82.M&3 100% 101 Atlantic & Gulf-Cons. 7s, '97. JAJ tl05 103 do Om.&S.W.,l8t,8s.J&Dl 120 1201s Convertible 7s, 1892 J&D 110 let mortgage, 78 J&J 102 Dixon P60.& H.,lst,88,'74-89J&J 113 114 Mort. 78. 1907 M&8 118V 8.Ga.& Fla., Ist M. 78, 1899. M&N 109 112 Ott. OSW.& Fox R., M.,8a,'90.J&J 122 123 Den.& Rio G.—Ist, 7s, g.,1900.M&N 108 At.Mlss.&Ohio.-Com.bondh'rs efts :io4 106 QuincyA Wars'w, 1st, 8s, '90.J&J 116 II6I3 Ist consol. mort., 7s, 1900 J&J 9818 98% Norfk A Petersb., let, 88. '87.J&J 102 Chic. & Can. So.— Ist, 73, 1902 A&C 35 45 Des M. & Ft D.—lat 6s, 1904. J&J t-... do Ist M., 78, 1887. J&J 101 Chic.Clin.Dub. A Minn.—78,'84 F&A 1021a 103 Detroit A Bay C.—lst8s,1902.M&N 60 75 do 2d M., 88. 1893. J&J 110 7s, 1910 JAJ 1071a 108 Ist M., 8.S, end. M. C, 1902. M&N tllO 113 113 South Side, Va.. Ist, 8s,'84-'90.J&J 110 Cliic. A East. 111., S. F. c'y, 1907 .. 100 102 DetG.Haveu&Mil.—Eiiuip.6s,1918 Jill do 2d M., 68,'84-'90.JAJ 99 100 la do small bonila 98 Con. M., 5!t tia'84, after 6< .1918 !103 105 do 3d M., 6s.'86-'90.JAJ 961a 98 do income bonds, 1907 .. 93 Det&Pontlac, lat M.,68.'86.A&0 100 VlrgluiaATenn.. M.,6.s, 1884.J&J 103 104 Cliio. A Iowa^2d M., 8s, 1901.J&J "so' Det L. & North.—l8t78,1907. A&O 1113% 114 do 4thM..8s.»900.J&J lis 119 Chic. I'a& Neb.—IstM.,78,'92F&A fll2 DubuqueA Sioux C—lst,78,'83. JAJ 100 Atl.& St. Law.—St'g 2d, 63 ,g.A&0 !.... ChicA Mich. L.Sh.— Ist, 88,'89.MAS tll2 114 Istmort, 2dDiv., 1894 J&J 108=8 3d mort., 1891 1.... ChicM.&St.P.—P.D.lat,8s,'98FAA ISO's Dunk.A.V.AP.—l3t,78,g..lS90J&D 100 110

Bald Eagle . Val.— IstM., 6a,'81.J&J P. D., 2d M., 7 3-103,1898.. FAA 116% 118 East Penn.—1st M., 7s, 1888 . M&S Baltimore & Ohio—6s,1830... J&J St. P. AChic, 78, g.. 1902. ...JAJ 117ia E.Tenn.Va.&Ga.—l8t79,1900.J&J 112 68, 1883. A&O 109''8 111 Mil.ASt. P.,2dM.,7s, 1884.A&0 100 E. Tenn. & Ga., lat, 68,'80-86. J&J 100 la IO6I3 Sterlmg, 5s, 1927 J,&D : 105 La. C, 1st M., 7s, 1893 JAJ 114^8 I516 E.Tenn.& Va.,end.,6s, 1886. M&N 100 99 Sterling, 68, 1893 M&S ;115 17 L A M., 1st M., 7s, 1897 J&J 114% 11538 Eastern, Mass.-4ias, g., 1900. M&S 199 1« Sterling mort., 6s, g., 1902. .MAS 115 117 I'a. A Dak., IstM.. 78, 1899. JAJ H* Sterling debs., 6s, g., 1906. .M&S tlOO 102 do 68, g.. 1910. M&N 117 119 Haat. ADak., lstM..7s, 1910.JAJ HI 111% Elmira& W'mspt—lat, 6s,1910.J&,I 105 Parkersburg Br., 6s, 1919... A&O 113 Chic&Mil., lstM.,7s, 1903.J&J 118 120 5s, perpetual A&O 85 Balt.&Pot'o— l8t, 68. g., 1911. J&J :108 111 Ist mort., conaol.. 7s. 1905. .JAJ II5J4 Erie A Pittsb.—lat M., 7s, '82.JA,T tlOO 105 107>« Ist, tunnel, 68, g..g'(l, 1911. A&O 108 110 lat M., I. A D. Ext.. 7s, 1903J&J 113 1131a Cons, mort, 78, 1898 J&J 105 BelTidereDcl.-l«t,6«,c.,1902.J&l) IIOI4 lat M.,6s, 8'thwe.at Div.l909JAJ 102ia Equipment 7a, 1890 A&O 90 2d mort., 6.s. 1883 M&S 104 let M., 5s. LaC. A DaT.1910.TAJ 90 93 Evanav. & Crawf.—1st, 7s, '87. J&J 104 i'oa" 3d mort.. 6,s, 1887 F&A 100 So. Minn, lat 6s. 1910 J&J 102 1021s Evansv.T.H.&Chi— 1st, 78, g.M&N 85 95 Boston & Albany-7s, 1892-3. F&A U'23 1231a Chic. &Pac. Div. 6s, 1910 103 Fitchbure—5s, 1899 103 1« lOi 68,1895 J&J 1113 Chlc.A N.W—Sink.f.,lst.7s,'83 FAA 68, 1898 A&O 113 114 Bost.Clint.A la 123 F — l8t M..,68, '84,J&J 100 la 101 Interest mort., 78, 1 883 M&N 106 >a 78. 1894 A&O 121 l8t M.. 78. 1889-90 JAJ 11071a 110 Consol. mort., 7s, 1915 Q— 126 1271a Flint & P..Marq.—1st m.,l.g.8sM&N 102 88" N. Bedford RR., 78, 1894.... J&J 1107 108 Exten. mort., 78, 1888 FAA 111 Cons.S. F., 88, 1902 M&N 87 Etiuipmeut, Os, 1885 F&A 101 lat mort., 78, 1885 F&A 109 UOij Flint & Holly, 1st lOs, '88. M&N 105 Fram'ghani& Lowell—Ist, 58,i*91 t90 93 Consol., gold, 78, cp., 1902. .J&D llO^s BayC* E. Sag.—1st, 108„S2.J&J 93 Notes, 88. 1883 10 do do reg 119 Holly W. & M.—1st, 8s, 1901.JAJ 100 Host. Conc.A Mon.—S.F., 6s,'89.j&j 104 103 Sinking fund. 6s, '79, 1929. A&O 103 Flushing A N. S.—1st, 7, '89. .MAN Consol. mort.. 78, 1893 A&O U13 114 Iowa Mid., 1st M., Sa, 1900. A&O I2014 2d mort, 7s M&N 10.— Boat. H;vrt.& 1st, 7s, 1900. J&,) 38 Gal. A Chic, ext., l.^ft, 78,'82.F&A 103 14 Ft. Madison & N.W., 1st 78. g., 1905 95 Ist mort. . 7». guar J&J Pcuiuaula. 1st, conv., 78,'98..M&S Ft. W. Jack. &S.— 1.8t. 88, '89.. J&J 60 Boston&LoweU— 7s, '92 A&O tllTifl 118 Chic. & Mil., 1st M., 78, '98.. J&J 117' 11913 FtW. Mun.&C—Ist, 7s, g.,'89. A&O 6s, 1890 J&J tlOOia UOia Madison ext., 7s, g., Frankfort & Kokomo— 1st, 7>i, 1908 1911.-A&011I 100 New OS, 1899 J&J 1031s 10412 Menominee ext., 7s, g., 1911.J&D|i! Gal.Har.& S A.— lat,68,g.l9l0.F&A 99 Boston & Maine—78. 1893-94. J&J 1123 1231a Norlhw. Gal.Hou8.&H.—1st. 78, g.,1902.J&.I 50 80 Un..l8t,78,g..l915.M&s;ir 118 BoBt. AN. Y. Air L.—1st 78 106 Chic. A Pad.—l.at M., 7s, 1903. J&Ji; Georgia—78, 1876-96 J&J 116 Boat. & Providoni-6—"8, 1893. J&J 1122 124 Chic. Pek.& S.W.— lat. 8S.1901.F&A 6s 106 i 115 Bost.& Revere H'li— lst.«8,'97 J&J 103 19 107 Chic.R.I.&Pac—6s, 1917,coup.J&J 123ia 123% Gr.Rap. & Ind.— 1st, l.g., g'd, 78, g. 110 110 Bull'. lirad.& P.—(}en.M.78.'90..l&J 95 103 68, 1917, reg J&J 1'23S8' lstM.,7s, l.g., gold.not guar. A&O 105 Bnfr.N.Y.&Krie— lat. 1*. 191(!.J&I)I 121 124 Cbic.fc a. W..lst.7B.gii.'»r..'90.M&Nl Ex land grant, lat 78. '99 83

* Price nominal late ; no transaotious. 1 The pnrobaser also pays aoomed Interest. t !> Loudon. II In Amsterdam. J. ' .

852 THE CHRONICLE. [Vol. XWL GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued. For Bxplanatlons See Notes at Head of First Page of qnotatlonn.

KAn,ROAD BOSDS. Bid. Ask. Eaii-road Bonds. Bid. Ask. RAir.noAD Bonds. Bid. Ask. O.—Mar.& 0.,6s, '92 114 118 Ohio & Miss.- (Continued)- Qreenr. * Col.— let M., 78 104 Marq'tte Ho.& • 893) 90 ! lstmort..Sprlngf.Div., IO6I4 104 6s, 1908 - - -M&S 1905 M&N Boiidm, (TMar 68, 1893 90 100 ;Ohio&W.Va.—lst.8.f.,78,1910M&N t.... Ist niort., 78 93 100 Mass. Central—Ist, 105 Gulf Col. & Sauta Fe— '85. 2d, 7s, . J*J 101 Old Colony—68, 1897 F&A 1113 II314 Hannibal & Nap.—l8t,78, 'SS.M&N Memp. & Charl'n— 108 lOS's 1st, cons.. Tenn. lien, 7s, 1915 J&J 110 6s, 1895 J&D 1112% 113 Han. * St. Jo.- Conv. 8s. 1885 . M&8 lst.48(8safter'82) t. 96 78, 1895 M&S 1120 122 Kans. C. & Cam., l8t,10s,'02.J&J 115 120 Mem.&L.R'ck— Mctrop'n Kiev.-Ist, 6s, 1908. J.feJ 102 10258 Cape Cod, 78, 1881 F&A 102 103 Harrlsb. P. Mt. L.—Ist. 68. . J&J J.& M&N 891s Or'ge&Alex'ndriar-l8t,68,'73M&N 110 Havana Ran. & East. --78. 1897.. .. 100 2d 68. 1899 1st M., 8s, 1882.. A&O 11018 2d mort., 6s, 1875 J&J 114 Housatonic— l8t M., 78, 1885. F&A Mich. Cen.— 78. 1902 M&N 1'24 3d mort., 8s, 1873 M&N 95 2il niort., 68, 1889 J&.I Consol.. Air Line, 88, 1890. J&J II314 113% 4thmort., 88, 1880 M&S 45 55 Houst. K. & W.Tex.— 1st, 78, 1898. 80 90 1st M. on M., 88, guar. ..M&N 107 109 Or. Alex.& M.,lstM., 78.'82.J&J 92 94 Ot.No.— 2(1 pur.coni.reo'te 33 40 Air Line, Ist Hou«t.& '83. 139 HoiiBt.&Tcx.Ccn.- l8tM.,78,g'd,'91 107 108 Eoulpmont bonds, 88, . .A&O Oreg.&Cal.—Frankfort Cora. Bee. x 41 1st 88, guar..'86.J&J 1107% 108 Osw.&Rome—1st M.,78, 1915.M&N 100 110 West. Div., l8t, 78, g., 1891. .J&J 105 "a Gd. Rlv. v., M&S Osw. & Syracuse—1st, 78, 'gO.M&N .... Waco & N. W., l8t, 78. g.,1903.J.W ioe:>a 68,1909 109 112 Panama—Sterl'g M., g. '97.A&0 JUS 120 Cons, niort., 88, 1912 A&O 118^ 1 1914 Kalaniazoo&8.H.,l8t.88,'90.M&N 78, J.L.&8ag.l8t,8s'85,"wh.bds"J&J 1108% IO9I4 Paris & Danville—l8tM., 78. 1903 Waco AN., 8s, 1915 105 NorthExt.,88,'90.M&N 1106 108 Paris&Dec't'r— lstM.,7s,g.,'92.J&J mc. and Ind'y 78, 1887 M&N 98»8 do inort.,8s,'91.M&S 1109% 110 Pekin Lin.& Dec.— 1 81,78,1900 F&A Hunt. & Br. Top-lRt, 78, '90..A&0 116 do Cons. N.Ind..lst, 78 (giiar.M.C.) 109 112 Pennsylvania—Ist M., 6s, '80.. J&J 101% 2d mort., 78,1?., 1895 F&A 108 Joliet & mort. 73 75 mort, 68, J 120 Con8. 3d M. 7a. 1895 A&O 65 Midland of N. J.—1st General coup.,1910Q— 11»2 1212 reg., 1910.A&O 12214 Dl. Cent.—Ist M,Cliic.&Spr.'98J&J ;tll 113 Income, "A."..' do 68, 6is 9 Cons, mort., 68, reg., 1905.. q—M 117 SterllnR, 8. F.,_58, g., 1903. .A&O J105 107 do "B." l8t, 8a, 1901... J&D do 68, coup., 1905.. J&D 117% Sterling, een. M..68, g., 1895.A&0 116 118 Mil. &North.— '.... 107 do 5fl,1905 J&r> {103 105 Minneapolis &DiiIiith.— Ist 78 NavvYard. 6s, reg., 1881 ...J&J 14 110 reg., 1907. ...Q.—J '107 Grand Tr.—l8t M., Ss, 'OO.A&O 116 116^2 Minn. & St. L.-lst M.. 1927..J&D Penn. Co., 6s, m. 112 l8t.78,'96&1906.J&D 122 123 iBd. bl.& W.— l8t. pf.,7B, 1900J&J 115 1st M., Iowa City&W., 1909.M&S Penu.&N.Y.— i'so' -l8t,68,1920,J&J lOOia J 01 iBt, 48, 58 & 68. 1909. ..A&O 751s 76 Miss.&Tenn.-l3tM.,8s,eerie8"A" Peoria Dec.& Ev. 38, 1108 112 Incomes, 2d M., 3a, 48, 58, & 68, 1909. A&O 64 3i 65 88. 6eries"B" J&J 1920 Income, 1919 47 49 Mo.K. &T.—Cons, ass., 1904-6.F&A 107»s IO712 PeorlaPekinA J.— 1st, 78, '94.J&J ? i In'polls D.& Sp'd- l8t,78,1906 A&O 103 Is 104>4 Ist, 6s, g., 1899. (U. P. S. Br.)J&J 100 110 Perkiomen—IstM., 68, 1897..A&0 86 2a mort., Income, 1906 J&J 65 68 2d mort., income, 1911 A&O 65 6512 Exfd. cp8.,Dee.,'77,toJ'e,'80,inc. ;70 125 Ind'poUs & St. 1.1.-181,78, 1919. Var. 85 95 Boonev'e B'ge,78,guar,1906.M&N Petersburg- l8t M., So, '79-'98.J&J 2d mort., 78, 1900 A&O bO 60 Han. &C. Mo.,l8t78. g.,'90.M&N 113 2d mort, 88, 1902 J&J 78 Ind'apolis&Vin.—l8t,78,1908.F&A 105 110 do 2d, 1892. ...M&N Phila. & Erle-lst M.,6s,1881.A&0 2d mort.. 6s. g., guar., 1900.M&N 98 Mo.Pac—Ist mort.,68,gld,'88, F&A 10718 10738 2d u:ort., 7s, 1888 J&J 113 114 Gt. North.—l8t.68.1919.M&N 1031a 2dmort.,78, 1891 J&J llOia Gen. M.. guar., 6s, g., 1920. .J&J 1113 115 Int. & '14 2d mort., income, 88, 1909 76>s 78 Car. B., Ist mort., 68, g.,'93..A&0 Sanburv&Erie, l8tM.,78.'97.A&0 lonla&Lausing—Ist 8s,'89. ..J&J II2I2 llSifl; 3d mortgage PhUa. & Read.— ist M., 08,'80. .J&.1 City& West.— 1 8t,78,1909M&S Income, 78,1892 M&S lat mort., 78, 1893 A&O Iowa i Sioux Ist, 78,'99A&0 H08ii 109 Moll. & Ala. Gr. Tr.— Ist, 78, g'ld,'95 10 Debenture, 1893 J&J I'a FaUs & C— 82I2 lUiaoa & Athens.- Ist ra., 7s,g.J&J Mobile & O.—1st pref. debentures 82 Mort., 7s, coup., 1911 J&D 115 Jefferson—Hawl'y Br. 7s, '87.. J&J 100 105 2d pref. debentures SI"* 51%l Gold mort., 6s, 1911 J&D 1071? l8t niort., 78, 1889 J&J 108 111 3d pref. debentures 38 4012; Improvement mort., 6s, 1897 Jeff. Mad.& Ind.—Ist, 7s,1906.A&0 tll4l2 II512 4th pref. debentures 3512 361a' New convertible, 78, 1893... J&J 34 10712 108 Gs, 1927 103 105 G. 8. f.,$&£,6a,g.,1908,xcps.J&J J73 75 2d mort., 7s, 1910 J&J "s New mortgage, j lnd'pciia& Ma(l.,l8t.7s.'81.M&N Morris & Essex- 1st, 7s, 1914 M&N 130 131% Scrip for 6 deferred la coupons .. ;68 72 Junction RR.(Phil.)—lst,6s,'82 J&J idiia ibiij 2d mort, 7s, 1891 F&A 115 Coal & I., guar. M., 7a, '92.. M&S 2d mort., 6s, 1900 A&O Construction, 78, 1889 F&A Income mort., cona. 7a, '96, J&D 107i£ *111 K.C.Ft.Scott& G — l6t,78.190S J&D 107 Bonds, 78, 1900 J&J Phlla.wn.&Balt.—68,'92-1900A&0 113 IO4I2 Kansas C. Lawr. & So. 1st. 4.1. 1909 95 ^ 961. General mort., 7s, 1901 A&O 115 08, 1910 105 K.C.St.Jo8.&C.B.—M. 78,1907.. J&J fll4T8 U5it Consol. mort., 7s, 1915 J&D 115 Pittab.C.& St.L.—l8t,7s,1900.F&A 119 66 70 6s, g., 1893. F&A mort., 7s, 1913 A&O Kansas & Nebraska—1st mort I INiiahua & Low.— U08 2d 2d mort 27 30 Os, 1900 ; 104 Steul)env.& Ind., l8t.,6s.'84.Var. IO312 Keolcuk&DesM.-Ist.Ss, guar.A&O 98 9912I Naehv.Cli.&St.L.— Ist, 78,1913 J&J 1091a 11038 Pittsb.&Con'Usv.—l8tM.78,'98.J&J 117 120 I. Erie & West.—Ist, 6a,1919.F&A IO4I4 ist, Tenn. & Pac, 68, 1917.. .J&J Sterling cona. M., 68, g., guar. J&J U13 115 Sandnsliy Uiv.. 68, gold, 1920 100 Ist, McM. M. W.&A.,i!s,1917.J&J Pitt3b.Ft.W.& C.-lst, 7s, 1912.J&J 136 Income, 7s, 1899 65 66 Nashv.&Dccat'r.—l8t,7s.l900.J&J 112 2d mort., 7s, 1912 J&J 126 130

104 I mort.. 1912 A&O 118 Laf.Bl.&Mun.. 1st, 68,1919. M&N "66' 14I Natchez Jack. & Col.— Ist, 7s. 1910 95 3d 7s, do income, 78, 1899.. 68''8iiNeva(laCen.— I8t68. 1!I04..,.A40 uoo Eiiuipment, 8s, 1884 M&S JllO 112 * Lake Shore & Mich. So.— Newark & N. Y.— 1st, 73, 1887.J&.7 ,t . - - Pitts. Titusv.& B.—New 78,'90F&A M.80.& N.I., 8.F.,lst,78,'85.M&N 111 New'kS'set&S.—1st, 7a. g.,'89.M&N tl05 IO712 2d ,73, 1896 F&A 77 Cleve. & Tol., Ist M.,7s, '85. .J&J 111 N'burgh&N.Y.—1st JI. 78.1888.J&J 99 102 Buff.Ch.L.&Pitt.lst,78.1909 M&N .... do 2d M., 7s, 1880.A&O 109 H) N.Haven&Dorby, l.st M., 78,'98.Var Oil Creek. l8tM.,78,1883-..A&0 103 116i« 78.1890.J&J 81 CI. P. & Ash., now 7s, 1892. :A&0 N. H. & N'th'ton— Ist M.,7s,'99. J&J 114 116 ! Union &Titusv.. Ist, 88 Bufl.& E., new bds. M.,7s,'98.A&0 118 Conv. 6s. 1882 A&O 96 98 I WaiTen &Fr'kln.l8t, 7s,'96.FAA 4u Buff. & State L., 78, 1882....J&J N. J. .Southern— 1st M.,new 6s. J&J 83 90 1 Port Har.&L.M.—lst.78,g.,'99 MAS

.Det. Mon. & Tol., Ist. 78, 1906. . i'lo' 121 N.O.Mob.&Chatt.—lst.8s,1915.J&J Portl'nd&Ogb'.g—lst6s,g..l900J&J 95 100 Jamest.& Frankl..lst,78,'97.J&J N. 0. Mob. & Tex.— Deb.serlosl 030 60 Vt. div., 1st JI., 68, g.. 1891.. M&N 15 30 do 2dM.,78.'91.J&n Can.-£M..Gs,g., 109 P.— l8t,68, guar., 1909 1 98 N.Y.& 1904.M&N tl07 i QuincyMo.& Kalamazoo .Vl.&Gr.R., Ist.Ss. J&J N.Y.C.& Hud.—M.,7a. cp.l903.J&Jl 13OI4 13012 Ren.&S'toga^-lst 78,1921 eou,M&N I2712 Kal.& Schoolcraft. Ist. 8s.'87.J&J Mort., 78, reg., 1903 J&J 13012, lat 78, 1921, reg 127 Kal.& Wh. Pigcon,l8t.78.'90..,T&J Subscription, Os, 1883 M&N 106 Richm'd & Allegheny—Ist, 78, 1920 t 97ifl lAkeSh. Div. bonds, 1899. 12042 121 Con..6s,'78-90.M&N 107 109 .A&O Sterling mort., Os, g., 1903... J&J tll9 I Rich'd&Dan.— I1.S.&M. S.,con8.,op., lst,7s.J&J 124 1251a N. Y. C, premium. 6s, 1883. M&N looia General niort., Os, gold 99 102 do cons.,reg.,l8t.78,1900.CJ— 124 do 63,1887 J&D 111% 11214' Piedmont Br., 88, 1888 A&O 113 do «;/ns.,op.,2d,7s,1903..J&D 118 11818 do real est., 6a. 1883.. M&N 106 Rich. Fred. & Potomac—68, 1875... 103 do cons., reg.,2d,7s,1903. J&D 119 120 Hud. R., 2d M., 7a., 1885. ...J&D 108 la Mort, 73, 1881-90 J&J 116 Lawrence— Ist mort., 78,1395. P'&.\ Y. Elevated.— lat M., 111% 112 Rich. &Peter.ab., 8s,'80-'86...A&0 117 N. 1906.J&J i Lehigh & lack.—1st M.,7s, '97.F&A 7s, 1915 110 N. Y. & Greenwd .'^»ke.— Ist M., 6s 37 40 1 New mort., M&N Lehigh Val.—Ist 6s, lis Ches., Ss... llo M., 1898. J&D 2d mortgage 10 16 ! Richmond Y'orkRiv. & 2d mort., 7s, 1910 SI&S 131 N.Y.&Harlem—7a,coup.,1900.M&N 130 I3OI4.' Borne Wat'n.tO.—S.F.,78,1891. J&D 110 Gen. M., 8. f., 6s, g., 1923.... J&D 7s. reg., 1900 MiN 129 2a mort., 7a, 1892 J&J 101 Delano t.d Co. bds, end.,7s,'92J&J N. Y. Lake Erie & West. (Erie)— Consol. mort., 7s, 1904...... A&O 63 65 t95i2 Lewisu. rth.Cent'l,Mich.—Cons.,6s.l904 1st, 78, 1909, smaU J&J 108 N. Y.& .M;ui. Beach, Ist 78.'97,J&J 108 111 Northern, N.J.—1st M., 68, '88. J&J ViJg' 101 2d63, 1909 A&O 102 Miu-ietia& Cin— 1st M..7s. '911"ArA 114 115 North.'Pac., P. D'O Div.—68, M&S. f. St. P. &S. City— lat, 6s, 1919. A&O .Sterling, Ist M., 78, g., 1891. F&A 110 115 Norw'h&Worc'r-lat M.. 113 117 Mort. on new lines ,2dmort., 68.'97.J&J 7s, 1896 M&N 80 8038 Oi!d'n8b'g&L.Ch.—lstM.68,'98,J&J 102 IO213 SanduskyM.&N.-lst, 78,1902. J&J tll2 115 3dmort., 88, 14 1890 J&J 42 14 12 12 a. F.. as, 1890 110212 103 Savann.ili&Chas.—lstM.,78.'89J&J Scioto Hock. M&S & Val., 1st, 78..M&N 105 Ohio Cent.— l8t.mort.,6s,1920, J&J 92=8 93 Scioto Val.— 1st M.. 7s, siuk'g fund tlOO 101 Bait. Short L., 1st, 7s, 1900. .J&J lii5 Incomes. 1920 50 52 2d mort 5o 75 Cin. & Bait., l8t, 78, 1900 I&Ji 105 Ohio&Miss.—Cons. S. 78, 1 Sham.Val.& P.— lat, 7s, g.. 1901 J&J Marietta P. '98. J&J 116 17 P. & Clev.—l8t, 78, g., '95 .... Cons, mort., 78. 116 jSUcboyg'ii& F-du-L.-lst.78.'34.I&l> CODBOl. 78 '98 J&J J&D 2d mort., 78. 1911 A&O I6I2 119 liShore L., Conn.— lat M..7s.'80. M&& • Price nominal ; no late transaotioug. I Amsterdiin: The purchaser also pays aoorued interest. J In London. U la F .

October 2, 1880.] THE CHRONKXR 353

GENERAL QUOTATIONS OF STOCKS AND BONDS—Continubd. For Explanations See Notes at Head of FIrat Page of ((notations.

Railroad Bonds. Bid. Ask. Railroad Stocks. Bid. Ask. Railroad Stocks. Bid. Ask.

Bloiix C. & Pac, lot M., 69,'98.J4 Boston Revere Beach . 100 102 103 Memphis Charleston 2d mort. 7b, Kold. 1882, K«nr. . .. A Lynn. A 25 38 41 Bo.Poo.pCal.— lBt.,(Ja,g.,1905-(i.J&J 10058 Brooklyn A Montauk 100 Metropolitan (street), Boston. ..60 §67 «a 68 Soiitliweateni(Ga.)—Coiiv.,7s,188r. lOG do Pref 100 Metropolitan Elevated 88>s 90 Suuiiiilt Br.— 1st, 7s, 1903 JAJ 90 100 Buff. N. Y. A Erie, leased 100 100 105 Micliigan Central 100 95 >4 96 Susp.B.AErlcJiinc— Ist M.,7s 100 105 Burlington C. Rapids A North.. 100 66 66 Middlesex (street), Boston 100 114% 11S>4 Byr.BinK.&N.Y.—cou8ol.78,'06As Camden A Atlantic 50 25 Mobile A Ohio RR 100 22 H Texas 4 8t. Louis— l8t,C9,l 910 J&D 81 do Prof .50 32 Morris A Essex, guar., 7 ,50 111 Ill's Tol.P.AW.—Pur. C. roo'ts, Ist, K. D, 134 Canada Southern 100 57% 59 Nashville. Chat. A St Louis 25 59 02 Parch. Com. Kec't Ist M., W.D... 133 Catawlssa 50 SIO Nashua A I/Owell 100 110 120 do Burlington D do Old, pref 50 547 Nashua A Rochester, guar., 3. .100 58 69 let iiref. inc. for 2d mort... 60 do New, pref 50 441a .Vaugatuck 100 do frrcons'd 06 Cedar Falls A Minnesota 100 Nc8(|uehoning Valley, leased, 10'50 5314 66 134ifl 135 Now United Co'sN.J.-Con8.,G8,'94.A&0 115 Cedar Rapids & Mo. and la. Ld.lOO Haven A Northampton 100 "6 Sterling mort., 68, 1894 MAS tll3 115 do Pref., 7 100 115 120 New Jersey A Now York do 68,1901 M&8 tll5 117 Central of Georgia 100 100 102 N. Ix>ndon Northern, leased, 8. .100 Cam. & Amb., 68, 1883 FAA 104 Central Iowa 100 25 30 N. Orleans Mobim A Texas 100 25 do 68,1889 J&D 110 do Istprof 100 70 75 N. Y. Central A Hudson Uiv 100 129l>s 129''8 do mort., 6s, 'SO.M&N 114 do 2dpref r 100 40 45 New Y'ork Elevated 111 UnionPao.— 1st M.,6s,e.'96-'99.J&J 11218 1121s Central of New Jersey 100 72^8 731s New York A Harlem 50 200 Land Grant, 78, 1837-0 A&O 1161-3 117 Central Ohio 50 §45 45% do Pref 50 39 Sink. F., 8.S, 1893 MAS 115 do Pref 50 5501a 54 N.Y. L.Erie AWest , 1« 39°ij Om. Bridge, sterl. 8s, g., '96.AAO ;121 123 Central Pacific 100 73 14 7314 do Pref . 69 70 Reg. 8s, 1893 MAS 114 116 Charlotte Col. A Aug 100 431-2 441a' New York A New Engl.and 100 36 14 36>a 19 Y. Collateral trust, 6s, 1908 ....JAJ 10478 105 M Chesapeake A Ohio, common . . 100 14 19% N. N. Haven A Hartford . ...100 170 rolora3 do Lcav. Br., 78, '9G..MAN 117 125 Chicago A East Illinois 115 125 Northern New Hampshire 100 101 101 la do Tnc.,No.ll,78, 191G.MAS SO 90 (Jliicago Iowa A Neliraska 100 134 Hi 1351a Northern Paeitlc, common 100 2914 do Inc.,No.l6.78,1916.MAS 80 Chicago Milwaukee A St. Paul. 100 94% 94V do Pref 100 54 do Denv.Div.,6s a.ss.cp.cert. 10934 do Pref., 7. 100 113 114 NorwichAWorc08ter,leased,10. 100 140 do 1st cons. M.,68,1919 MAN 9G5e 96% Cliloago A North Western 100 lOl'e 105 Ogdeusburgh A Lake Champ... 100 22 22I3 120 Utah Cen.—latM..6a, g., 1890. JAJ 90 95 do Pref., 7.100 '-a 122 do Pref., 8. .100 74 74 14 Utah Southern—l8t 78, 1891 93 97 Cliicigo A Rock Island 100 1171a U8I4' Ohio Central 100 20 211a Utica A lil'lc R.— Mort., 78, '91 .JAJ 105 Chic. St. L. A N. O 100 37 13' Ohio A Mississiiipl 100 34% 3tia Verm't A Can.—M.. as 48 50 Chic. St. P. Minn. A Om., com. .100 42«8, 4258' do Prof 100 72 Mississqvioi, 7s, 1891 JAJ 13 25 do Pref. 100 82 la 821a! Old Colony 100 11614 1161a Vermont C'cu.— Ist M., 7s, '86.MAN I2I2 13 Chicago A West Micliigan 100 64 65 ' Oswego A Syracuse, guar., 9.. ...50 2d mort., 78, 1891 JAD 1 3 Cin. Hamilton A Dayton 100 90 92 12! Panama 100 195 Income extension 88 MAJ« 44.\ 43 i;in. ludiaaap. St. Louis A Chlc.lOO sola 89 ' Peunsylvania Railroad 50) §58% OS's Stanstcid S. A C, 7s, 1887. .JAJ 30 40 Cin. Sandusky & Cleveland 50 14=8 14% Peimsylvauia Company SOi'

Vorm'tA Mass.-1st M.,68, '83. JAJ 1 102% 10314 do Pref., 6.50 H5 48 rto Pref 50' Oonv. 73, 1885 ;..JAJ 122 125 Clev. Col. Cin. A Indianapolis. .100 70 71 Peoria Dec.atur A Evansvillo ..100 24 26 Vlok.AMcr.— lstM.,end..7s,'90.JAJ 90 100 Clev. A Mahoning Val., leased.. .50 Philadelphia A Erie 50 §15 151s 2»1 mort, end., 7s, 1890 JAJ 65 Olev. A Pittsburgh, guar., 7 50 124 Philadelphia A Reading 50 151a 155b Wahash— 1st M.,ext.,7s,'90,ex.FAA 110 Col. Chic. A Indiana Central. ..100 18% 181a do Prer, 7 .50 §-.. Mort., 78, 1879-1909 AAO 98 99 Coliuubus A Hocking Valley .50 110 112 Phila. A Trenton, leased, 10... lOOl 160>a 162 2d mort., 78, ext. 1893, ex.. MAN IO419 105 Columbus A Xeuia, guar., 8 50 133 Phila. Germ'ii A Nor., I'.sed, 12.. .50 §102% Equipment, 78, 1883 MAN 35 Concord 5() 90 91 Phila. Wilmington A Bait .50 §08 08 14 General mort., 6s, 1920 JADJI 96 Concord A Portsmouth.giiar.,? 100 115 120 Pittsburgh Cincinnati A St. L...50 Cons, mort., 7s,1907,con.,exQ— 100% IO2I2 Coimecticut A Passumi)sic 100 70 71 Pittsb. A Conuelisville, leased.. .50 l8t, St. L. dlv., 7s, 1889, ex. FAA 103-'8 Connecticut Ki vor 100 147Ja 149 Pittsburg Titusville A Buffalo. ..50 §1G%; 161s Gt. West., Ill.,lst,78, '88,ex.PAA 108 Danbury A Norwalk 50 45 50 do do pref. I 30 do 2d,7s, '93,ex.MAN IOH4 104% Dayton A Michigan, guar., 313..50 57 57 la Pittsb. Ft. W. A Chic, guar., 7.100 120 S'ncy A Tol., 1st. 78,'90, ex.MAN 107 do Pref., guar., 8.50 130 do Special, 7.100 1. A 8. la., 1st, 7s, '82„ ex. FAA lOG Delaware A Bound lirooK 100 99% Portland SacoA Port8m.,l'scd 6 100 109 111 St.L.K.C. AN. (r.est.A K.),7s.MAS 107 12 109 Delaware Lack. A Western 50 90% 90V Port.sra'th Gt. Falls A Couway.lOi, 18 20 do Om.Div.,lst7s,1919.AAO 112 Denver A Bio Grande 100 70 12 701a Providence A Worcester 100 112 118 do Clariu.Br., Gs, 1919.FAA 110 Det. Lsiusiug A Northern, com .100 88 90 Rensselaer A Saratoga 100 120 do No. Mo., Ist M., 1895.JAJ 119 do do Pref. 100 105 lOG R<'publican Valley, deferred... 100 72 ' 73 Wabash Fimd. Int. Bds., 1907— Dubuq ue A Sioux City 100 70 Richmond A Danville 100 81 r 811s Various 78 FAA East Ponusylvania, le.ised 50 Richmond Fred. A P 100 51 Various 4r5-6s FAA 90 95 East Tennessee Virginia A Qa.lOO 85 95 do do Guar. 7 100 116 Warren (N.J.)— 2d M., 7s, 1900. . 95 Ea.stei-n (Mass.) 100 301a 31 Richmond A Petersbm-g 100 80 Wostch'rAPhil.— Cons.,7s.'91.AAO I2II4 Eastern in N. H 100 86 90 Kichraoud York River A dies 45 50 W. Jersey—DelK-nt. Gs, 1883. .MAS Eel River 100 50 53 Rome Watertowu A Ogdeu8b..l00 20 22 1st mort. , Gs, 1 806 J &J ilG" Elniira A WiUlamsport, 5 50 33 Rutland 100 5 514 26I3 Consol. mort., 7s, 1890 AAO do Pref., 7. .50 51 do Pref., 7 100 27 Wgst'n Ala.— 1st M., 8s, '88... AAO 114 UG Erie A Pittsburg, guar., 7 .50 90 St. Jo.seph A Western 17 191s Zd mort., 89. guar., '90 AAO 114 UG Fitcliburg 100 132 132>2 St. Louis Alton A Tcn-e Haute. 100 23% 23% West. Md.—End., 1st, 6s, 90. ..JAJ 115 I'lint A Pere .Marquette 20 21 do do Prof. 100 79 14 7914 I Ist mort., Gs, 1890 JAJ 110 112 Frankfort A Kokomo 50 Belleville A 80. lU., pref 100 End., 2d moit., 6s, 1890.. .. JAJ 115 Georgia Bailro.id A Bank'gCo.lOO 106 104 St. Louis I.M'n A South. .asseu'dlOO 50% 50V 2d mort., pref.,6s, 1895 JAJ 101 12 116' Grand River Valley, guar., 5.. 100 50 St. Louis A San Fran 100 30 33 2d, end. Wasli. Co., 68, 1890 JAJ 110 (Jreeu Bay A Minnesota do Pref 100 42 14 44 3d, end., Gs, 1900 J&J 115 i2'i' Uanuibal ASt. Joseph 100 "39 58 39% do Ist pref.. 100 721s WesfnPenn.- ist'M., Gs, '93. .AAO 106 do Pref., 7. .100 83 8314 St. Paul ADuluth 100 32 35 Pitts. Br., Ist M.. '96 63, JAJ IO514 Harrisburg P. Mt. J. A L., guar.,7..50 ' do Pref 100 65 Wliecling A L.Erie— Ist, Gs, g., 1910 95 Highland (street), Boston 100 i2i' 12G Seaboard A Roanoke 100 104 115 Wll.A Weldou-S. 117 F., 78, g., 'UG. J AJ 112 Houston A Texas Central 100 ' 65 do Guar 100 106 Winona ASt.Pet.—lstM.,78,'87. JAJ 108 ill Huntingdon A Broiul Top 50 '57 Shore Line (Conn.), leased, 8... 100 2dmoit., 78, 1907 MAN 115 do do Pref....50 vio 11 South Boston istreet) 50 63 63 Vt Ex., 1. g., mort.,78,g..l91C..JAD Illinois Central. loo 11214 II2I0 .Sou til Carolina 100 13 15 Wis. Cent.—1st, 78, coups, •28-% 25 unfund 65 70 Indiana Bloomiiigton A Western. . 28% South Side Ist series, new 62 Indianap's Cin. A Lafayette .50 Southwestern, Ga., guar., 7 100 105 fid aeries, new 39 41 Intcni.itional & Gt. Northern. .100 "36 35" Syracuse Binghton A N. Y....100 Wis. Ills Valley— iRt, 78, 1909 ."JAJ 109 110 Iowa Falls A Siou.x City 100 47 13 48 Sunuiiit Branch, Pa .50 lOV orc'r Nivshua—58, 100 W A '93-95 . . Var. 199 101 Jeft'v. Mild. A Ind'p's, I'sed. 7..100 100 Terre Haute A ImdianapoUa .50 Nash. A Roch.. guar., 59.'94.AAO 199 101 loliet A Chicago, guar.. 7 100 110 Toledo Peoria A Warsaw 100 RA I L,UO.V D STOCKS. Par. Kansas City Ft. Soott A Gulf... 100 45 50 do do Ist pref. 100 AJa. Ot. South.- Lim., A., Gs,pref.. •10 lOV do do Pref. 100 107»a 109 do do 2d prof.. 100 Lira., B, eem 4I2 Kansas Cit.v Lawrence A So ...100 90 United N. .lersey RR A C. Co. .100 168 J4 891s 13 90i« Albany A SusqueU., Guar.,fioo 109 HI Kansas A Nebraska 18 20 Uuion Paeillc 100 89V Allegheny Valley 50 Keokuk ADes Moines 100 11 11 Vermont A Canada, leased 100 15 18 Atchison Topcka A Santa Fe.. 100 118 II8I4 do Pref 27 iv Vermout A Ma^js., leased, 6 100 122 123 Atlanta mo 271a A Charlotte Air Line .. 30 31 I«ike Erie A Western 100 33'8 Vicksburg A Meridian 5 7 Atl.A 33\ Gt.W.-L'«ea L.R.T.,lim. sfk I.,ake Shore A Mich. So 100 10818 108% Wabash St. Louis A Pacille 1(K> 375g 37% Atlantic MiH.si»»ii)pi 68 A Ohio .. 7 9 lyciiigh Valley .50 §51" 52 14 do do Pref. 100 19 68% Atl. St. Law., A lea,sed, 6, £....100 :i24 126 Little Kock A Fort Smith 100 51 5mi Warren (N. J.), leased, 7 50 104 Augusta A Savannah, leased. . . 100 Little .Miami, leased, 8 guar.. .. 50 1311a 132 Westchester A Phila., pref .50 Baltimore A Ohio 100 162 la 170 Little .ScliuylkiU, leased, 7 50 §47 West Jersey 50 do ' 36' Pref.,6 100 118 Long Island 1 50 20 West. Maryland 10 do 2d, pref II3I4 Louisiana A Mo. Riv., Com. 100 Wilniiugt'u A Wcldon, loas'd, 7.100 Washington Branch loo 150 do Pref., guar.. Wisconsin Central Parkersburg Branch 100 lyiuisvillo A Nashville 100 1561« 153 do Pref Boston Albany A .. lOO 1.50>4 150 '9 Ijontsville New Albany A Chic. 100 Worcester A Nashua 100 57 681s Price aomlnal no late Qootatliinpdrabara. ; transaotloaa. I The porohaser also pays aooruod iuteresi I'aLoadoa. 1 1n Amsterdam , § — — . . .,

354 THE (CHRONICLE. rVoL.XXXI.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Coxti.vubd. For Bxplanatlona See Note* at Head of First Page of ((notations.

Canal Stocks. Bid. Ask. MlgCELLANEOUS. Bid. Ask. Miscellaneous. Bid. Ask. Miscellaneous. Bid. CANAL BONDS. St.Loui8 B'dge, Ist pref •67 71 Nashua (N. H.)....500 760 775 California 100 205 Alberiiiarle & C'Ues.— St. Louis Tunnel RR.. ;93 98 Naumkeag (Mass.)lOO 108 108 la Carb. Hill 10 •35 N. l»t, 78, mOD... .J&J 95 98 8t. Louis Transfer Co. E. Glass (Mass.)375 76 80 Cherokee 10 1^00 Cbesap. & Delaware- Sutro Tunnel 10 5$ lis Paoilic (Mass.)... 1000 2510 2520 Chrysolite 50 4-05 l8tmort.,68,'8eJ&J 80 ST'CKS Penn. Salt Mfg. Co.. 50 Chollar 100 3=8 EXPRESS Pepperell Chesapeake &. Ohio— Adams 100 116 " (Me.) 500 850 880 Climax 10 100 68,1870 Q.-J American 100 581a "60 Salmon Falls(N.H.)300 3.50 360 Consol. Imperial ..100 Sandw.Gla.ss(M.'jss.)80 Delaware DlvUlon— United States 100 49 49 14 50 52 Consol. North Slope Stark 6s, 1878 J&J 90 Wells, Fargo & Co. 100 llOij MUls (N.II.)IOOO 1260 1275 Consol. Pacitlc 100 1'25 Delaware & Hudson— TELEGKAPH Tremont& S. (Mass) 100 132 136 Consol. Virginia... 100 300 7b, 1891 J&J nils STOCKS. Thomdike(Mass.)1000 925 950 Copper Knob 1 •51 Istcxt., 1891..M&N Ainericau Di.strict.lOO Union Mfg.(Md.) 20 30 Crown Point 100 2 00 78,1884 J&J 108 107 American Union ..100 60 64 Wa8hingt'n( Mass.) 100 91 9IJ3 Dahloiiega 1 •10 Coup. 78. 1894. A&O 116 Franklin 100 Weed Sew. M'e (Ct.)25 18 20 Uundenberg 10 Keg. 78, 1894..A&0 116 Gold & Stock 25 WilUm'tic Linen(Ct)25 85 86 Durango 5 •23 l8t Pa.D.cp.,78,M&8 120 Intematlou'l Oc'n. 100 York Co. (Me.) 750 1090 1120 Emp. Utah 100 310 do re;?. 78,M&S 120 COAL 6c MISCEE. Eureka Consol 100 1658 Mexican 100 84 iniNING STOCKS. . James Klv. & Kau.— Pacific & Atlantic.. 25 40 41 Father De Smet . 100 .American Coal 25 •29 Ist mort., 6s. . .M&N Southern & Atlantic 25 68 Findiey 1 2dmort., 68.. .M&N Western Union 100 98 9812 Big Mountain Coal. 10 Freeland 25 160 Lehigh NavlKatlon- TRUST CO.'S Buck Mount'n Coal.50 55 Gold Placer 25 •70 68, leff., 1884....Q-J 109 STOCKS. Butler Coal 25 Goodshaw 100 •52 KR. 6a, re«., '97 H0»« Brooklyn Trust 25 130 Cameron Coal 10 Gould & Curry S..100 4% Deb.68, reK.,'77 Central 100 13ft Caribou Con. Min'g.lO 214 Grand Prize 100 Conv.68,reK.,'82J&D Equitable 100 68 Cent. Arizona Mm. 100 6I2 Granville Gold Co... 1 •09 do 68,g..rK.,'U4M&S 103 Farmers' Loan & Tr.2r 225 Climax Mining 10 Great Eastern 1 •53 6s,);.,cp.&r>,'..'97J&l) 107 lO?"!! Mercantile 100 Clinton Coal & Iron.lO Green Mountain 10 3-50 Con8..M.,19U7sJ&D 105% N. Y. Guar. &Ind.l00 125 Colorado Coal & 1. 100 Hale & Noreross. .100 514 Louisville & Portl.— N.Y. Life& Trust. .100 370 Consol.Coal of Md.lOO 38 Highland Chief .... 1000 3d mort., 6s, 1881. 100 Real Estate Trust. 100 Cumberl'd Coal&I.lOO 20 Horn Silver 25 4th mort., 68, 1886 106 106 >s Union 100 160 Deadwood Mining. Horteuse 10 Morris United States 100 310 Excels'r W.&M.Co.lOO HukiU 5 1^95 Boat l'n,reg.,'85A&0 GAS STOCKS. George's Cr'k C'l (Md.) Independence 100 •32 New mort , Homestake Min'g.lOO 36 Iron Silver 20 1^2d Pennsylvania Baltimore Gas 100 Leadville Mining. ..10 do Kings Mountain 10 68, ooup., 1910.. J&J 90 certs.. 1031a 1041a La Plata Jl'g & S.Co.lO Lacrosse 10 Bait. Consol. Gas 84 Bchuylkiil Nav.— 83% Little Pitfsb'g Con. 100 2% LeadAille Consol 10 •41 Consumers' Ball. l8tM.,68, 1897.Q-M 98 Gas, 6 7 fiOCUBt Mt. Coal 50 Leeds 100 People's G.L.of Balt.25 21 23 2d M., 68, 1907.. J&J 701* Marlp'sa L.&M.CallOO 2 Leviathan 100 •15 Boston Gaslight... 500 795 800 Mort. 6s, cp., '95 J&J 25 do pref. 100 2 Little Chief 50 •60 68,lmp.,(>p.,'80M&N 75 East Boston 25 28 30 Maryland Coal 100 19 •25 South Boston 15 Lowland Chief 50 68,bt&car,1913M&N 70 100 1071a 108 Montauk Gas Coal. 100 Lucerne 10 •16 Brookline, Mass. . . 100 102 105 "26' 78,l)t&car,1915M&N New Central Coal . II4 Cambridge, 14612 28 Manhattan 10 Susquehanna^ Mass.. 100 147 New Creek Coal 10 Martin White 100 •30 Chelsea, Mass 100 75 80 68, coup., 1918. .J&J N.Y. & Middle Coal.25 May Belle 100 •15 7s, coup., 1902.. J&J Dorchester, Mass. . 100 79 80 N.Y.&Stralts.C.&I.lOO Jamaica Frn,Mas8l00 118 122 Mayflower 10 Union.lst 6s,'83.M&N Ontario Sil. Min'g.lOO Mexican G. & SUv.lOO 10 la Lawrence, Mass ... 131 100 132 Penn. Anthracite Coal 10 34 CANAL STOCKS. Lowell 100 150 152 Moose Par. Pennsylvania Coal.50 225 Mono 100 1% Lynn, Mass., G. L..100 75 76 •45 Chesapeake & Del. ..^0 '532 Pilot Knob I. (St.L)lOO 95 Navajo 100 Maid. Melrose. . 891? & .100 90 Quicksilver Min'g.lOO IOI2 Philadelphia Del. & Hudson 100 84 }fewton& Wat'n ..100 120 122 New do pref 53 N. Colorado... 20 Del. Div. leased, 8.. 50 3138 34% Salem, Mass., 100 105 107 Y.& "l"45 Lelii^h Navigation. .50 •433 3318 St. Nicholas Coal... 10 Noo.iday 1=8 Brooklyn, L. 1 25 108 111 •40 Morns, guar., 4 100 San Juan Sil. Min.lOO North Standard... . Citizens', Brooklyn. 20 60 65 Baph'lSil.,Mob.lOO do pf.,guar.l0..100 Metropolitan, S. $10 Northern Belle. ...100 11 B'klyn. 60 62 do pref.ior $12 •50 Pennsylvania 50 Nassau, Brooklyn ..25 40 50 O.K.* W Shamokin Coal 2 Silver 100 914 Schuylkill Nav 50 eHi Peoj>le's, Brooklyn. Ophir 10 30 35 Spring Mount. Coal.50 do do pref.5(» Williamsb'g, B'klyn Overman G. & S ... 100 100 50 65 70 Stand'd Cons. G.M.IOO Susquehanna 50 Charlest'n,8.C.,Ga8.25 281a 291a Patagonia 19 Westmoreland Coal.50 •55 Chicago G.& Coke. 100 175 §65 Penobscot iniSC'LIiANEOCS Wilkesb. Coal & I. .100 10 75 Cincinnati G. & Coke 175 Plumas BONDS. BOSTON MINING Potosl 100 Amer'n 88.Co.(Phil.)— Hartford, Ct., 6. L..25 35 2% 361a STOCKS.§ Rappahanock 1 •26 6s, K. C, 29J£ Jersey C.& Hotok'n 20 155 165 1896.. A&O Allouez 25 314 3% Red Elephant 10 •45 Bait. People's, Jersey . Gas Light 68 1021s 104^1 C. 85 95 Atlantic 25 [>OTUaville 16 17 Rising Sun 5 170 Cantou (lialt.)- G. L , 120 121 Aztec 25 1 II4 Robinson Consol . . •SO 6s, g., 1904. .Mobile Gas & Coke. 8 8% £ ..J&J 112 BlueHlU (Me.) 10 3 4 Sacramento 10 Mort. 6s,K.,1904 J&J Central Of N. Y 50 60 70 112 Brunsw'k Antimony. 5 22 221a Santa Cruz Un. EK.lst, cnd.,68. Harlem, N. Y 50 115 721a 77 Calumet & Hecia...25 Silv.lOO 2=8 do 2d,end. Manhattan, N. Y... 231 232 Savage Oold& 68,g.M&N 102 50 185 190 Catalpa Silver Colorado Metropolitan, 10 138 lia Sierra Nevada Silv. 100 11=8 Coal & Iron- N.Y.IOO 130 135 Central 25 ist consol Municipal 100 170 39 44 Silver CUff 50 2 50 6s 175 Continental Silver. .25 158 51 Consol. Coal— Mutual of N. Y 100 68 72 1% Silver Nugget Copper F'ls,a38t.pd.50 13 Sir Roderick -.10 l8tM.,7s, 1885.J&J New York,N.Y....100 104 106 121a Dhu Dana 25 50c. 60c. South Hite 25 90 Ist, conv.,68,'97.J&J N. Orleans G. L. ..100 Is 68 701a Dawson Silver Cumberrd&Pa.,l8t,'91 X. Liberties, Phila..25 20 5c. 10c. Spring Valley 1 310 H2 Douglas (Me.) 5 3 Equitable Rl, Es. mort. Washington, Phila..20 Standard 100 99 102 Duncan Silver 20 Gold & Stock Tel Portland, Me., 214 2% Standby 10 103 O. L.50 74 76 Franklin 25 Mariposa Gold I.,.&M.— 3t. Louis G. L 50 121a 13 Stormont 10 330 250 253 Harshaw Silver Cons. M., 7s,'86.J&J Laclede, St. Louis. 100 30 32 Tel. Con 600 108 110 Humboldt 25 II4 Mercantile Real Estate Carondelet,St. Louis 50 1 Tioga 100 102 Hungarian 25 Tip Top 100 5 00 Oreg.R.&N. l8t,6s,J&J 106 San Francisco G. L 77 77I3 Pullm'n Palace Car Huron 25 5 '8 6 Trinity 10 MAN BFACT'ING International Silver20 550. Tuscarora 26 2d serie8,8s,'81M&N 102 103 50c. 100 S'TOCKS. Manhattan 25 75c. UnadiUa 13 3d series, 8s,'87F&A 110 112 Am.B.H.8.M.(Pa.)12i3 4th do 88,'92F&A J Mesnard 25 1 114 Union Consol 100 201a 112 1121s Amory (N. H.) 100 116 117 82 Deb'nt're,78,'88A&0 106% Minnesota 25 3 31a V. deW. Q 10 107 Amoskeag (N.H.) 1000 1855 1860 National 25 2 214 Wales lia Stlg, 78,g..l885 A&O Androscog'u Rutland Marble— (Me.). 100 116 117 Osceola 25 361a 37 Appleton (Mass.). 1000 1050 1055 Pewabic 25 I714 17 STOCKS. 78, g., 1898 M&8 Atlantic BANK (Mass.) ... 100 144 145 Phenix 25 31a BALTt.MORE. St.Cliarlcs Bridge, 7 110 Kartlett (Mass.)... 100 95 97 Pontiao 25 $1 Bank of Baltimore 100 126 127 St. L. Bridge & Tuu- Bates (Me), 100 178 180 Qnincy... 25 26 B.iiik of Commerce. 16 l8t, 78, g.. 1929.A&0 ;113 115 261a 25 Boott Cot. (Mass.) 1000 1935 1950 Kidge 25 513 Chesapeake Reconstruc. ce'rtfs. 1107 109 25 Boston Co.(Mas8.)1000 1340 1360 Rockland 25 75c Citizens' 10 13 15% 2dM.,78,g.,1901J&J Boston Belting 100 155 156 Silver Islet 25 36 3612 Com. & FarErjer8'..100 111 115 3d, 7s, g., 1886. M&S Bost. Duck (Mas8.)700 900 925 1% 2 Fai-mers' B'k of Md.30 31 Si's Tun'l RR.,l8t,£,98,c Caml)riaIron(Pa.)..50 Spring Valley- J. 90 Sullivan"(Me.)8UverlO 6 7 Farmers' & Merch..40 44 441* Chicopee(Ma8s.) ..100 149 150 Superior 25 I Fariuers'&Planter8'25 38 40 _W.W.,l8t8,1906.M&S Cocheco 40e Western (N.H.) 500 775 780 Winthrop 25 '76c! 80c First Nat.of Bait.. 100 125 135 Union Tel.— CoillnsCo. (Conn.)..10 78, coup., 9% 10 GOLD Ac SILVER Franklin 12'is eij 7 1900.M&N 116 Continental (Me.). 100 69ia 70 78 reg., 1900.. M&N H6I4 IfllNING STOCKS^ German American 100 Dougl'sAxe(Ma8S)100 116 (N. Y. SAN. FRAN.) 9>« Sterl'g 6s, 1900.M&S :102 104 1161a & Howard 1 914 Dwight (Mass.). ..500 705 710 Alice 6% Marine 30 31 33 Everett (.Mass.)... 100 nilSC'LLANEOCS 124 126 Alpha Consol G& S. 100 538 Mechanics' 10 11 11% STOCKS. Franklin (Me.) 100 97 100 Alta Montana 100 1-40 1-70 Merchants' 100 124 126 Great Falls (N. H.)100 105 Am.Dist. Tel.(Balt.)25 106 American Flag .... 10 •40 National Exch'ge. 100 111 113 19 26 Hamilton (Mass.) 1000 1105 1115 "•59 Atlan.&Pac.TeL.lOO 43 Amie 10 •61 People's 25 21 45 Hartr. Carpet (Ct.)lOO 274 277 Bald •18 •22 160 Boston Land.. lo 6 Mount Second National ..100 140 Boston Hill (Me) ....100 93 94 Bassick 100 Third National.... 104 Water Power 838 8=8 HolyokeW.Power.lOO 7H 100 1031a Brookline (Mas8.)L'd5 250 300 Bechtel 100 Union 75 7513 3»a 4 Jackson (N. H.)..1000 1150 1200 Canton Co. (Bait.). 100 40 Belcher Silver 100 1-75 3-50 Western 20 28 Cent. Kearsatge 100 50 55 Belle Isle 100 •55 N.J.L'dlmp.lOO 15 BOSTON. ir Laconia(Me) 400 515 520 1-25 146I3 Cln. A Cov. B'dge pref. 150 Ui'lmout 2-50 Atlantic 100 147 Lancaster M.(N.H)4O0 7S0 850 Belcher I2II2 122 Lomsville Bridge. 117 118 Best & 100 Ilia Atlas 100 McKaySew'g Lawrence (Ma,ss.)1000 16.50 1700 Bodie 100 3^50 Blackstone 108 Mao'h.lO 3214 32% I^well 400 100 108H (Mass) 690 860 870 Bonanza Chief 1 •28 •35 Maverick Land.... 10 2 214 Blue Hill 100 100 N.E Lowell Bleachery.20() 240 245 Bieece 25 •64 •68 109 110 Mtg.8ecur.(Bo8t.) 105 107 Lowell Boston Nat... 100 N.Hampsliire Macli.Sliop.500 750 800 Buckeye 5 •19 •20 Boylstou 100 114 115 Land 2.=> 4 419 Lyman M. (Mass.). 100 O. Dominion S8.Co.100 104 104 Buldomingo 50 61a Brighton, (Nat.)... 100 lOOifl 101 gfeKouKy.&>f.Co.lOO Manche.ster (N.H.)IOO 164 166 Bullion 100 100 Broadway 100 90 .Mass. Cotton PaclfloMail.SS.Co.lOO 100(1 1145 1165 Bulwcr 100 1-50 1-75 Bunker HiU 100 156 40 4018 McTriniack(Mass)1000 1600 •33 FiUlm'n Palace Carl Of>l 1000 Calaveras 1 •34 Central 100 105 106 118 . Middlesex (Mass.). 100 x228 232 Caledonia B. H lOo 105 City 100 117 118 Price nominal; no late tran^^otlous. 1 The purchaser also pays accrued int. ;in Loudon. §()uotation per share. V Ex-dividend, . .

October 3, 1880.J THE CHRONK.LK 355

GENERAL QUOTATIONS OF STOCKS AND BONDS—Conclcdbd. For Explanatlona See Notes at Head of FIrat Page of Claotatloms.

Bakk Stocks. Bid. Ask. Bank Stocks. Bid. Ash. BAinc Stocks. Bid. A«k Tnrubakcb Stocks. Bid. Ask. BOSTON-(Confubllo..lOO 100 Wash'ton Fire A M. .50 40 4S Eatcle 100 110i« 111 Third >atlonal.... 100 104 105 National Security. 100 67 NEW ORLEANS. Eliot 100 1141s 115 Western 100 100 102 Peun National 50 55 Crescent .Mutual 100 107 Exchange 100 139 140 WeBt.Finan.Corp..l00 99 People's 100 Factors' and Trailers'. 110 Uli« Everett 100 109»i 110 MOBILE. Philadelphia Nat. .100 200 Firemen's 57 >« Faneiill Hall 100 126 127 Bank of Mobile 25 25 Second Nat 100 Germanla 87 05 First National 100 105 197 FlrstNat 100 120 Seventh Nat 100 80 Hibornia OS's 101 First Ward 100 100 103 Nat. Coniniercial..lOO 90 100 Sixth Nat 100 Home 30>s 31 Fourth National. .100 100 101 MONTREAL. Southwark Nat 50 152 Hope 96 Freemans' 100 116 117 British N. America. 103 1031* Spring Garden 100 I..arayette 54 57ii .50 Globe 100 107 108 Commerce 12812 129 22d Ward 50 Merchants' Mutual . DO'S 1021a Hamilton 100 119 121 Dominion 50 132 135 Third Nat 100 80 Mechanics' & Traders' 108 Hi 1014 Hide & Leather ... 100 112>s 114 Du Peuplo 50 SOI4 82 Union Nat 50 63 New Orleans Ins. Ass'u 3Ha 32% 92 95 Howard 100 114 115 Eastern Town8bip8.50 106 108 Westem Nat 50 Now Orleans Ins. Co . 531a 54 >s Manufacturers'.. .100 100 101 Exchange 100 53 West Philadclphla.lOO 104 People's 23% - Market 10(1 102 103 Federal 100 121 123 PORTLAND, ME. Hun Mutual 105 ibei* Hamilton 100 10214 i-j Cumberland Nat.. .40 56 58 Teutonia 108 113 Market(BrlKhtou) . 100 126 128 108 Massaehusetts 2.')0 116 117 Hochelega 100 Canal Nat 100 159 160 NEW YORK. 149 150 Maverick 100 200 205 Imperial 100 107 108 14 CascoNat 100 American 50 140 Mechanics' (So.B.)lOO 116 120 Jacques Car'ier... 100 90 91 FlrstNat 100 149 150 American £xcb...l00 100 Merchandise 100 103 106 Maritime 100 Merchants' Nat 75 111 112 Bowery 25 190 Merchants' 10(> 140 141 Merchants' 100 IO5I2 106 National Traders'. 100 148 149 Broadway 25 210 Metropolitan 100 109 111 Molsous 50 98 98% RICHMOND, VA Brooklyn 17 190 200 Monument 100 170 175 Montreal 200 1323* I53I3 atyBank 25 231a Citizens' 20 190 Mt. Vernon 100 lOVij 109 Nationale 50 80% 81 First Nat 100 126 City 70 120 1'25 New England ]0< 144 145 Ontario 40 861-2 87 Merchants' Nat. ..100 99 105 Clinton 100 120 140 North 10< 126 127 Quebec 100 99 105 Nat.BkofVlrginlalOO 9612 99 Columbia 30 55 60 North America 10( Ull2 112 Standard 82 84 Planters' Nat 100 120 Commercial 50 08 105 Old Boston 5( 611,, 63 Toronto 100 134 137 State Bank of Va.lOO 100 Continental 100 180 lOOi* Union 100 ST. LOUIS. Eagle 40 190 , Pacltlc 10( lo9 79 86 People's lot 153 155 Ville Marie 100 B'k of Commerce. -100 332 Empire City 100 95 100 Redemption 10< 133 135 NEW ORLEANS. Commercial 100 2021a Exchange 30 100 105 Repu!)lic 1* \25 126 Canal & Banking. .100 IIOI4 II2I2 Continental 100 70 80 Farragui 50 120 Revere 10( 118 119 Citizens' 100 61 6214 Fourth National ..100 235 Firemen's 17 95 102 Rockland 10( 128 130 SermamaNat 100 9812 Intematlonal 100 90 95 Fireinenis Tntst 10 100 120' Second Nat 10( 147 148 HiberniaNat 100 97 13 Mechanics' 100 941s Frank.* Emp'ium 105 Security lOi 180 185 Ix)uisiaua Nat.. .. 100 99 101 Merchants', Old. . 5 German-Auiei-ican 100 145 Shawraut 10( 121 122 Meti opolitan 100 Merchants' Nat ...100 103 Germanla 50 140 145 Shoo & Leather. . . .10( 113 114 .Mutual Nat 100 St. Louis NatioaAl.lOO 101 Globe 50 112 State 10( 118 119 New Orleans Nat.. 100 124 Third National.... 100 100 (Greenwich 25 250 10( 117 118 People's 50 47 Valley National... 100 101 Guardian 100 65 75 135 Third Nat 10( 105 13 107 State Nat 100 99 SAN FRANCISCO. Hamilton 15 Traders' 10( 101 102 Union Nat 100 90 Anglo-California Hanover ,50 160 170 Tremont 10( 117 119 NEW YORK, Bank of California 130 131 Hoffhian 50 90 Union 10< 140 142 America 100 137 140 FlrstNat. Gold.... 100 108 1081a Home 100 132 135 Washington IOC 134 138 imerican Exch'gelOO 119 Grangers' B'k ol C.IOO Hope 25 50 60 Webster 10( 106 107 Bank.&Br'kersA.lOO Merchants' Exch..lO0 Howard 50 100 100 BROOKLYN. Broadway 25 Nat.Gold Baiik& Tr. Co Importers' * Trad. . 50 95 Atlantic (State) 140 Butchers'* Drovers25 ;112 Pacille 122 Irving 100 60 Brooklyn 110 120 Central National.. 100 117 Wells, Fargo & Co Jefferson 30 130 First National 215 225 Chase National 100 132 FIRE irVSUR'CE Kings Co. (B'klyn) .20 170 Fulton 90 100 Chatham 25 JHO STOCKS. Knickerbocker 40 55 65 City Nat ional 230 245 Chemical 100 J1700 BALTIMORE. Lafayette (B'klyn) .50 110 120 Commercial 70 City 100 ;200 Associate Firemen's. 5 6I2 Lamar 100 100 104 Long Island 98 100 Citizens' 25 107 Baltimore Fire Ins. 10 26 Lenox 25 90 Manufacturers* 96 100 Commerce 100 Firemen's Insur'ce. 18 30 32 Ix)n« Isl'd (B'klyn). 50 115 120 Mechanics' l.SO 185 Continental 100 Jll5 Howard Fire 5 T Lorillard 25 75 80 140 Nassau 155 165 Com Exchange ...100 £148 Maryland Fire 10 4 5 Manuf . & Bidlders'lOO 135 Brooklyn Tnist 130 140 East River 25 }90 Merchants' Mutual. 50 50 60 Manhattan 100 100 103 160 CHAKLESTON. Eleventh Ward 25 National Fire 10 11 121a Mech. & Traders'. . .25 150 B'k of Chas.(NBA) 100 90 First National 100 {600 BOSTON. Mechanics' (B'klyn)50 160 165 First Nat. Chas.. .100 99 100 Fourth National ... 100 11212 American F. & M. .100 140 145 Mercantile 60 75 85 People's National. 100 09 too Fulton 30 {140 Boston 100 118 122 Merchants' .50 120 127 S. C. I.K)an & Tr. Co. 100 57 Fifth Avenue 100 Boylston 100 119 120 Montauk (B'klyn).. 50 115 CHICAGO. Gallatin National ..50 137 Commonwealth. ..100 x76 78 Nassau (B'klyn). ....50 150 luo" Commercial Nat ... 100 175 German American. .75 78 80 Dwelling House.. .100 xll2 114 National 3713 100 109 Corn Exih. Nat.. .100 jGermania 100 EUot 100 xl37 139 New York City.. 65 Fifth National 100 140 (Greenwich 25 Firemen's 100 xl55 160 N. Y. Equitable 35 150 165 First National 100 210 'Grocers' 30 Franklin 100 70 75 New York Fire.... 100 106 Hide and Leather 100 Hanover 100 {115 Manufacturers'. ..100 xl30 133 Niagara 50 150 ieo" Home National ...100 75 90 Importers' & Tr...lOO 250 Ma.ss. Mutual 100 116i« 117 North River 25 110 Merchants' Nat.. .100 200 Irving 50 Mechanics' MutuallOO 85 PaciHc 25 200 Nat. B'k of lUinois.lOO 117 Leather Manuft8..100 Mercantile F. & M.lOO 138 140 Park 100 109 114 Northwestern Nat. 100 Manhattan 50 138 :NeptimeF. & M...100 xl20 123 Peter Cooper 20 175 185 Union National 100 200 .Mauuf. & Merch'ts.20 North American ..1001x115 117 People's 50 105 112 Un.Stock Vds Nat.lOO .Marine 100 Prescott 1001x122 124 Phenlx (B'kli'n) 50 120 123 CINC'INNATL Market 100 122 Revere lOOl 59 60 Relief 50 75 80 First National 200 205 Mechanics' 25 ;140 Shoe & Leather. ..100 xl22 125 Republic 100 75 Fourth National l,-iO .Mechanics' B. As8'n50 74 80 Washington 100 147 150 Butger.s' 100 155 German Banking Co.. 100 Mechanics' & Tr.. .23 ;102 CINCINNATL St. Nicholas 52 50 60 Merchants' National.. 115 120 .Mercantile 100 95 Amazou(new stock) 20 71 75 Standard 50 125 130 Nat.Lat.&Bk.otCom. 150 Merchants' 50 120 Cincinn.ili 25 135 1371a Star 100 105 110 Second National .. 120 125 Merchants' Exch'ge50 100 Citizens' 20 100 Sterling 100 72 SO Third National 205 210 .Metropolitan 100 150ia Commercial 25 160 Stuyvesant 25 115 CLEVELAND. Nassau 100 }100 Eagle 100 110 115 Tradesm en's 25 100 Citizens' 8. & L 500 New York 100 150 Enterprise 20 95 100 United States 25 120 123 Commercial Nat . . 100 N. Y. Nat. Exch'gelOO Eureka 20 150 Westchester 10 100 110 First Nat 100 New Y'ork County. 100 Firemen's 20 130 Williamsburg City. .50 200 210 Merchants' Nat... 100 Ninth National 100 {107 Gcrmania 20 100 101 PHILADELPHIA.^ National City 100 North America 70 110 Globe 20 95 100 American Fire 100 315 OhioNat 100 North River 50 110 Merchants'* Manuf 20 140 Fire Association 50 310 Second Nat 100 Oriental 25 145 Miami Valley 50 100 105 Franklin Fire 100 485 Paciflo .'25 HARTFORD. 50 National 100 125 Delaware Mutual. . 40 50 .ffltnaNat 100 130 132 Park 100 128 Union 20 75 80 Ins. Co. of N. Am'ca 10 39 American Nat People's 50 72 75 25 {100 102 Washington 20 125 " Ins. Co. State of Pa 200 Charter Oak Nat. .100 130 135 Pheuix 20 J97 Westem 25 135 140 Pennsylvania Fire 100 185 City Nat 100 100 02 Republic 100 126 HARTFORD, CONN. Lumbermen's 50 36 37 Connecticut River.. 50 38 40 Second National.. 100 ...... ^tna Fire 100 237 239 Spring Garden 50 122 126 Far. & Mech. Nat. 100 126 Seventh Ward.-.. .. 121 ..100 Atlas Insurance. . . 100 25 35 United Firemen's 10 281a First Nat 100 120 121 Shoe & Leather 100 130 Connecticut 100 132 133 BICH.MOND. Hartford Nat 100 167 170 St. Nicholas 100 109 Hartford 100 255 260 City 25 23 24 Mercantile Nat 100 135 138 Stateof N. Y 100 113 National 100 160 163 Merchants'AMech.lOO 99% 105 National Exchange. 50 76 79 Tradesmen's 40 137 Orient loO 122 126 Piedm't & A. Life. 100 PhcEuix Nat 100 167 170 Union .50 165 Phtenlx 100 213 245 Virginia F.*M 25 33V« 34 State 100 111 113 PHILADELPHIA § Steam Boiler 40 60 65 Virginia Home 25 26 27 LOUISVILLE. B'k ot N. America .100 201 LONDON. Virginia State 25 33 Bank of KentuckylOO 136 Central National.. 100 204 Commerc'l Union . . £5 21 22 ST. LOUIS. Bank of LouisvillclOO 85 f;lty National 50 104 Guardian 50 6913 701s American Central.. 25 33 34 Citizens' National. 100 111 Commercial Nat 50 69 Imperial Fire 25 152 154 Citizens' 100 102>s City Nat 100 118 120 7''8 Commonwealth Nat 50 31 Lancashire F. & L. . 25 7!« Jefferson 100 100 Falls City TohaccolOO 90 Consolidation Nat.. 30 68 la London A88.C0rp.i2i2 64 66 Marine 100 105 Farmers' of Ky ...Kjo 00 Com Exchange Nat.50 54is Liv. & Lond. &Globe20 I8I4 18% BAN FRANCISCO Farmers' & Drov..l00 98 100 Eighth xll9 120 Nat 1,50 North'n Fire & Life . .5 45% 46 CaUfomla 100 First Nat 100 loO 126 FlrstNat 100 190 North Brit. A Mcr. 6I4 53 1« 541a Commercial 1(K) 98 German Ins. Co.'s.lOO 98 100 Famiers'&Mech.N.lOO 120 Queen Flic & Life.. .1 3% 4 Firemen's Fund...l(K( 103 105 Genu.an 101 loO 100 Girard National 40 74 Royal Insurance 3 29 14 29 13 Home Mutual 100 German National. 100.„„ 124 123 Kensington Nat 50 60 MOBILE. State Investment. IOC 100 101 Kentucky Nat 100 129 Manufaeturers'Nat.25 27 Citizens' Mutual. ..100 65 70 Union lOti xll8 119 licmis V. ""..1200 l^ankingCo'Jio 1 iiMoehaniCH' Nat....l00i 105 Factois'& Trad's' Mut.l 75 80 Western * Prloo noinlual ; no lute transactions. ; Last price this montli preceding Sept. 30. { Quotation per share. f Ek dividend. : 1 . —

356 THE CHRONICLE. [Vol. XXXI.

and taxes. It owns the following equipment : 60 locomotives, lutrcstmjewts 44 coaches, 4 parlor cars, 18 baggage and mail cars and 1,864 freight cars, all in good order. AND " The gross earnings of all the lines for the year ending June STATE, CITJ AND CORPORATION FINANCES. 30, 1880, were $2,276,768. The net earnings, after paying interest, taxes, and rentals, was over 4 per cent upon the new The Investors' Sopplembnt contains a complete exhibit of the stock. Large sums were spent for improvements, and charged and Bonds Funded Debt of States and Cities and of the Stocks directly in operating expenses, such as $125,000 for steel rails on the last of Railroads and other Companies. It i« publiihei $75,000 for new freight cars, in addition to $108,000 charged April, Jane, Saturday of every other month— oit., February. for repairs and rebuilding of old cars, and $35,000 for six miles extra August, October and D.cembsr, aid is furnished without of new side tracks, and $10,000 for expenses of reorganization." copies charge to all regular subscribers of the Chronicle. Single The comparative statistics made up in the usual forcn for the

are sold at ?2 per copy. Chronicle are as follows : BOAT) ANn EQUIPMENT. INDEX SINCE AUGUST SUPPLEMENT. 1876-77. 1877-78. 1878-79. 1879-80. The foUowiuft Is an Indnx to all reports and Hems heretofore pub- Miles owned 184 167 193 225 liahert in the rnvestment Department of the Chronicle since the last Miles controlled 28 75 Issue of the Investors' Supi'Lkment; annual reports are indexed in hlack-face

Elevated KR's in N. Y. City . . . 304 Plttsb. Titusv. & Buff....'...... ' 330 Total. 820,399 814,700 834,781 1,178,129 Flint & Pere Marquette.. 228, 305 Pullman's Palace Car Co 327 Net earnings 490,801 494,387 507,920 491,487 Flushiuj; & North Side 328 Kichmond & Allegheny 330 P. c. of oper. ex. to earn.. 62-56 62-23 62-17 66-89 Frankfort & Kokomo 229 Rochester & State Line 330 * That p.art of the line between Lafayette Is not iuoluded Oalv. Ilarrisb. & 8au Antonio. 305 St. Louis Iron Moimt.A So 248 & Kankakee In these statistics in 1880. Galv. H. & Hend. 259.281,293, 305 St. Louis & Southeastern 248 t Miscellaneous includes telegraph, stock killed, lost and Grand Trunk of Canada 229 Bt, P. Minneap. & Man. ...248, 281 damaged Great West'n of Canada 248 Savannah & Charleston 230 goods. Insurance, gratuities and damages, and Union Depot. Greenville 6c Columbia 259 Schuylkill Navigation Co 330 BALANCE SHEET, JUNE 30, 1680. Hannibal A St. Joseph.... 228, 2.59 Shenandoah Valley 330 Dr. South Carolina RR 306 Houston & Texas Cent 328 Construction Southei-u Pacifle 248 and equipment $11,493,050 liake and Canal Kates in Aug. 305 Old claims 159,957- $11,653,007 Ijake Shore i Michigan So 259 Tennessee State Bonds 330 Sundry railroad securities 87,071 Little Kock & Fort Smith 305 Tennessee State Coupons 297 Materials and supplies on hand 91,724 Louuiaua Western 259 Texas Pacific 248 Due from sundry persons and accounts 155,777 Texas & St. Louis 321 Ixjuisville Cin. A Lexington . . . 259 Caijh on hand 28,740 Ij)uiS¥iUe & Nashv 216, 306 Titusville & Oil City 330 Toledo Delphos& Burlington.. 330 $12,016,322 Manhattan Elevated 248 Trimk Line Freights 230 Marietta* Cincinnati 229 Cr. Mariposa Mining Co 248 Union Pacifle 230 Cincinnati Indianapolis St. Louis & Chicago capital stock. $4,000,000 Indianapolis Cin. Co.'s Memphis City Bonds 328 Wab. St. L. &Pao...216, 229, & RR. bonds of 1858.. $1,600,000 -TWerapliis City Bondholders 306 230. 239, 259,304, 330 Cincinnati & Ind. RR. Co.'s bonds of 1862 499,000 Metropolitan Elevated 281 Wash. City Va. Midl.A G. 8 306 Do do 1867.... 1,501,000 Midland of New Jersey 328 Western Union Telegraph. 283, 306 Do funded coupons.. 44,800 Ind. Cin. & Laf. RR. Co.'s bonds of 1867 2,800,000 Do funded coupons 79,100 ANNUAL REPORTS. Do equlpflient bonds ... 1 87,000 Cin. Ind. St. Louis & Chic. 1st oonsol. M. bds.. 789,000— 7,499,900 Cincinnati Indianapolis St. Louis & Chicago Railway. Bills payable 261,906 Accounts payable* 99,251 {For the year ending June 30, 1880.) Unpaid interest t 69,542 The first report of this company (lately the Indianapolis Cin- Due .sundry persons and aecounta 18,461 449,160 Profit and loss account ; 67,261 cinnati & Lafayette) has just been issued. The report states, as to the reorganization, that " in February, 1880, the railway $12,016,322 and property of the Indianapolis Cincinnati & Lafayette Eail- Includes June payrolls and supplies now paid. \ Includes coupons due July 1, 1880. now paid. road Company and the Cincinnati & Indiana Railroad Company ; For the four- months ended June 30, 1880, operated by new company. were sold under foreclosure sale, and purchased by trustees for the benefit of various lienholders. They organized the Cincin- Northern Paciilc. nati Indianapolis St. Louis & Chicago Railway Company, with (For the year ending June 30, 1880.) a capital stock of 14,000,000, and took the property subject to The old board of directors of the Northern Pacific Railroad $7,500,000 of bonds. They also assumed a floating debt of Company was re-elected Sept. 29, with three exceptions : Ash- about $250,000 for supplies and material turned over by the bel H. Barney and \Vm. R. Garrison of New York, and Henry Receiver. There is also $110,000 due as a final balance in settlement E. Johnston of Baltimore, were chosen in place of J. Fralejr of the overdue coupons upon the Reynolds bonds, so Smith of Philadelphia, J. C. Ainsworth of Oregon and J. N. called, which the companv has agreed to, and will, pay next Dennison of Baltimore. At a subsequent meeting of the direct- September (Sept., 1880.) Since the foreclosure a further debt of ors the following resolution was adopted : $140,000 has been incurred for the purchase of the securities of the Cincinnati Lafayette & Chicago Railroad Company. The That the directors of the company be, and they are hereby, requested and advised to provide, at as early a day as lu their julgment «liall be liabilities of the company, then, correctly revised and stated, prudent, for tlie coustruction, completion and etpiipmeut of tlie com- are : Stock, !:<4,000,000 ; floating debt (nearly) |500,000 ; bonded pany's railroad from its eastern terminus on Montreal River to Paget debt, $7,500,000. Sound, and for that purpose to use and employ all the resources of the "The a-ssets are as follows company so far as re

Operuting expenses 5*1 ,340,147 tract was made with the Western Rentals 131,857 Union and Northwestern tele- Taxes 43,098 graph companies, the special features of which are that tha telegraph companies shall build the line as fast as the road is $1,521,093 Total constructed, and faster if this company so require. Baliiaoe 709,0SS One-third of the cost of construction is to be paid by this companv, and Total $2,230,181 one-third of all the gross receipts at all stations on the line is to The expenses of the general office at New York, the legal be paid to this company, except on messages sent from or destined to certain expenses, insarance and all miscellaneous expense.-* are included excepted places. The business of the com- pany on the lines is to be transacted free, in the operating accounts ; also $91,662, one-half the cost of and off the lines free up to an agreed amount per laying steel rails between Brainerd and Fargo, over the value annum ; over that sum the chargea are to be at half rates. of the iron rails taken up, the other half being included in The contract is for a period of fifteen "improvements and betterments ;" $49,278 for bridges, culverts years from May 1, 1880. On January 1, 1880, the company- began doing the express business on its lines in and cattle yards ; $41,216, the balance due from the company Minne.sota and Dakota. The net earnings for on its share of the cost of laying with steel rails on the road the first six months were $15,778, against from St. Paul to Sauk Kapids, and $16,325 for repairs of docks $6,042 received from express companies during the same at Duluth. The unprecedented snow of last winter caused an period last year. The company has also made contracts with addition to the account of $56,207. Deducting these items four steam elevators and five horse-power elevators, and the new elevator of 1,000,000 bushels capacity (f2.')4,690) and the operating expenses are onl^ 48'94 per cent now building at Detroit, will of the earnings. Under the plan of reorganization, all expenses which keep the system in its control and subject for keeping the road in high condition, and for providing to a suspension regarding the maximum rates to be charged. additional equipment are to come out of the earnings, and dur- The preferred stock has beea reduced by land transfers to ing the year there was expended for betterments and improve- $43,412,64.'); but of $51,000,000 authorized issue of this amount, there remains in the treasury as an asset ments $302,930 ; new equipment, $212,032 ; total, $514,962 ; to $4,111,830, leavmgthe this should be added, for interest paid and accrued, $159,537, amount in circulation $39,100,818. making the expenditures, in addition to operating expenses, Following is a statement of the bonds issued and to be> issued : rentals and taxes, 5*674,500. • Total authorized As to the roadbed, &c., the report says : "In Minnesota, the $7,000,000 road from St. Paul to Sauk Rapids, 75 miles, jointly used and .Subscriptions paid $3 454 034 Subscriptions unpaid maintained by this company and the St. Paul Minneapolis & '545|365 Solrt 573*200 Manitoba Railway Company, has been laid during the year Undisposed of .....!!!!!!!.'!!!.'!!.' 2,426|80O with steel rails. From Sauk Rapids to Brainerd the iron is comparatively new. Steel rails also have been laid during the Total $7,000,000 year on 128 miles between Brainerd and Fargo, which, Total Issued. $t,027,83t Canceled by land sales with the H miles laid the preceding year, completes the 14tf.00O entire distance between those places. Steel rails are gradually Outstiinding $3,881,834 being laid on the 24 miles between Thomson Junction and Duluth, The land department sold during the year 291,753 acres of owned jointly by the Northern Pacific and St. Paul & Duluth land, the receipts* being $831,437 and the expenses $74,981, companies, 2083^ tons having be^n laid during the last year. leaving a balance of $756,456. renewing bridges, culverts, and high trestles The work of on Following is the balance sheet of the company. this joint road has been continued." * * * "On account of the increasing local business on the Dakota Division, and the Cr. Property acquired construction and extension of the line beyond the Missouri and $90,549,55T Constructiou—cost of new road in bonds and stocks at par. 5,147,602 Yellowstone, it will be advisable to replace rails, up the the iron Equipjucut 1,243,531 as it may be necessary to take them up, with steel. With so Improvements and betterments 979,429 Accounts i-ecei vablo much new road to be built, and so much to do at the front, it 705 268 .Supplies will be economy to put the completed road in such high condi- l,104;63tS Nortuern Paciflo Railroad stock and other investments 6,127,085 tion as to require little expenditure to keep it so." Bills receivable j 76O Of the Pacific Division, General Sprague, the Superintend- p^sli-^ 40l',82t Land department expenses ent, after setting forth the renewals of bridges, trestles and 136,099 " ties, says : It is believed that the roadbed, track and struc- $107,186,795 tures, together with the rolling stock and machinery of the Dr. division, are in first class condition, and that trains could be Capital stock, common $40,000,000 run with safety at the rate of forty-five miles per hour if Capit.1l stock, preferred 43,412,645 desired." the 31 miles of Casselton $92,412,645 During year the Branch have been Bonded debt 3,881,834 built, and an organization for this road has been made under Audited vouchers 915,883, the laws of Dakota, called " The Casselton Branch Railroad Bills payable 489,083 Profit and loss 1,281,384 Company," with a capital of $600,000, When the road is com- Land sales 8,205,964 pleted to Goose River, the company will issue bonds to the Northern Pacific to reimburse it for all the cost of construction. Total ...$107,186,705 On the Missouri Division 100 miles of track and telegraph line were completed and accepted by the Government Commission- ers. Tlie track is now laid and telegraph line completed to the QENERAL INVESTMENT NEWS. Little Missouri, 152 miles, and is expected that the remaining Yellowstone River will 65 miles to the be graded before nex't Bo.ston k New York Air Line.—Notice is given to the holders, November. On the Pend d'Oreille Division the grading is com- of the first mortgage bonds of this company that the company, pleted to Spokane Falls, 150 miles, and the track is laid 25 exercising the right to redeem said bonds upon six months' miles. It is believed that track will be laid to Spokane Falls notice, as expressed upon the face of said bonds, will redeem before the end of the working season. To connect this division the said bonds upon presentation at the oflice of the Treasurer with the road of the Oregon Railway & Navigation Company at of said company, at No. 12 Wall Street, in the City of New Wallnia, the 12 miles from Ainsworth to Wallula, being a part York, on or before the first day of February, 1881, at 105 and of the Columbia River Divi.sion, is now under construction. interest. With the completion of the Casselton Branch to Goose River, Cincinnati Hamilton & Dayton.—The directors decided to 43/2 miles ; the Missouri Division, 217 miles ; the Pend d'Oreille defer the question of declaring a dividend until the next meet- Division, 209 miles, and the part of the Columbia River Division ing, which will be held on October 12. By that time the state- between Ainsworth and Wallula, 12 miles, there will be new ment of the September earnings will be ready, and the amoonfe road, 481/2 miles j adding the present road operated, 722 miles, of surplus can be ascertained. there will be operated by the company, 1,203/^ miles. Of these suit 1,203^ miles, the Northern Pacific will own absolutely 1,043 >^ Clcreland Mt. Vernon & Delaware.—In the against miles. this company the decree finds that the conditions of the mort- Its relation to the other 160 miles is as follows: It owns half gages set forth in the pleadings have not been performed; that of the 24 miles from Thomson Junction to Duluth. The the mortgaged property is insuflJcient to discharge the amoontt is appointed amount, $257,900, stated in the last report of the company as due ; and General G. A. Jones, of Mt. Vernon, then due for this half, payable in the preferred stock of the St. Receiver. The Court ordered the Receiver not to operate tha Paul & Duluth Company, has been paid by the sale, for that Massilkn Branch, as it is unprofitable and accompanied witli. Enrpose, of Northern Pacific preferred stock, and the company loss. as acquired the absolute title to an undivided half of the Delaware & Hndson Canal Railroads.—The following is » road, free of all incumbrance. The company owns a majority comparative statement of business on the railroads owned and of the stock, and has a perpetual lease of the Western Railroad leased by the Delaware & Hudson Canal Company during thft

of Minnesota from Brainerd to Sauk Rapids, .61 miles, at a month of August, 1880 :

rental of cent of . 35 per the gross earnings, uiitil April 30, 1883, . 1879. . 1830. and after that at a rental of 40 per cent of the gross earnings. arose Ket Gross Net Jfet Fnrnings. Earninns. Earnings. Increase. From St. Paul to Sauk Rapids, 75 miles, the company has a Railroads. Earnhir/i. Penn. Division. $9.5.»,')7 *47,0i0 !?S!1.3S8 $18,886 •$20,023 perpetual lea.se of right of way, at an annual rental of $40,000. Alb. & Susq.... 9-2.r,r,l 43.42y 128,346 55.244 11,821 The entire debt against this large mileage of road and its equip- Kens. * Sara... 178,851 124.273 205,321 125,020 746 32,384 18.828 ment, and, in round numbers, 17,500,000 acres of land, will not N. Y. ,St Canada 45.185 13,555 55,017 exceed $7,500,000. Totals $»12,546 $229,163 $478,672 $231,536 $2,3^ The company now crosses the Missouri River at Bismarck by PievloDS totals 2,272,757 1,914,785 2,806,441 1,139,758 224.97S means of a transfer boat, but it Ls suggested that ere long it Totals $1,143,948 $3,285,113 $1,371,294 $227,348, will be necessary to contruct a bridge. The estimated cost for to date $2,685,304 entire the work is $800,000. During the last year a new con- ' Decrease. (CHRONICLE. [Vou XXXI, 358 THE deficiencies should be covered by scrip payable, with interest at 6 per cent, out of future earnings, the first 30 per cent with interest on one-half from September 15, 1880, to be paid to the New York Company. To other stipulations made in behalf of the New York Company Mr. Navarro stated that he could not very evils arrow gauge assent because they seamed to perpetuate the from rauuii"' I"" n suffered already. earn „n„u>i.> nnint or noiuts on the lin which the management of the roads had These were the annual appointment of a committee of nine, to be chosen equally by the directors of the three companies, and the proposed application for new legislation granting to the stockholders and the bondholders of the three companies the power to choose the direotors of the Manhattan Company. A so A statement of the number of passengers carried on all the Gun«i80n and Saguache, to tUe town o f^|"acho- tit» of the most eugune elevated lines for twelve months ending September 18, 1880, the line of said road on Ohio C{«eUb} , rrom extend the Dnme^ County 1 a so to submitted. It shows the following result: route to Crested Butte, In 0"nn.8on_ was Third Avenue 29,601,186 Ninth Avenue 5,237,511 Park and Summit, all in the State of Colorado. 34,838,727 roiinties of company to go forward,„,„„.,, K/,%a That for increasing the means of the Second Avenue 4,403,688 Sixth Avenue 21,143,658 25,547,346 $20,000 per mile for extensions and branches. at the rati of meetmg EleTated Kailroads in New York City.-At the Total pa.ssengers 60,386,073 stockholders Sept. 25, 39,.)ld to of New York Elevated Company's Allowing for transfer at Chatham Square from the Second favor of accept- shares of stock were represented. The vote m the Third Avenue line of passengers carried on the Third Ave- against 3,593. the arbitrators' award was 37,320 shares, nue line north of the Square, by deducting from the Second ing submitted an Previous to the vote, Mr. Field, the President, and adding to the Third Avenue 1,567,500 passengers, the result points : which tlie following are the principal of the twelve month.s' business shows: address, of referred meeting has been called to consider certiiin questions r On New York Elevated Company's lines— "ThU relations w th the the dfreetorTof the cTm?kn7conc^^^^ its "Third Avenue passengers 31,168,686 t« you bv probably known to you Me^?opoTitan and Manhattan companies. It is Ninth Avenue passengers 5,237,541 unsettled accounts between this company and the 36,406,227 toft "here are still agreement and Metropom.an company, growing out of the tripartite On Metropolitan Company's lines- which you sanctioned at your meeting in May, 1879. One ol Second Avenue, passengers 2.836,188 leaaes by this relates to the $3,000,000 paid to the Manhattan Company Sixth Avenue passengers .- 21,143,658 Ke had been expended SpanV for the completion of its lines, part of which 23,979,846 Metropolitan Company's lines. The point in dispute was referred 5n tfie IngcrsoU, who mSsts. John F. Dillon: Courtlandt Parker and Chas. D. of passengers carried by the New York Elevated to a balance of Number decided in favor of this company. There still remained lines more than by the Metropolitan Conapany's lines 12,426,381 about $700,000 to be paid in by the Metropolitan Company for the coni- to have invested the same basis the New York lines carried for the first Dletion of its lines. This amount that company claimed Upon of the Ixian & Iin- of the Second in real estate, the title to which stood in the name month after the opening on August 16, 1880, Drovemeut Company. The New York Company then proposed that this Harlem River, 2,955,416 passengers, against Company or Avenue line to the real estate should either be conveyed to the Metropolitan the Metropolitan 2,214,908 on the Metropolitan 'lines, an excess in favor of the to a trustee for it. This proposal was decUned by Company, which then proposed a merger of the two companies into the New York Company of 740,508 passengers. The earnings and Manhattan. A question thereupon arising respecting the comparative expenses during the same month were as follows, allowing for stocks of the New York and Metropolitan companies rates at which the a daily transfer of 7,500 persons at Chatham Square from the respectively should be taken, with a view to such merger, the directors the the Third Avenue: of the New York Company, by a vote, proposed 110 tor ^ewYork Second Avenue road to and 90 for the Metropolitan stock. The Metropolitan Company declin- Second. Third. Sixth, Ninth. Ml. Messrs. ing this proposition, the question was thereupon submitted to Earnings $54,275 $158,223 $126,396 $14,426 $383,320 John A. Stewart, Roswell G. Eolston and Henry F. Spanlding, as arbi- Expenses 38,000 91,000 83,000 33,000 244,000 trators who, after a full hearing of both companies, decided that the 90." New York stock should be taken at 110 and the Metropolitan at Net $16,275 $67,223 $44,396 $11,426 $139,320 address then gives the resolutions of the New York Allow for trans- The Chatham decision, and appointing Mr. Josiah M. fers at directors accepting the Square 10,125 10,125 Fiske as a committee of one on the part of the board to confer with simUar committees from the Metropolitan Elevated Kail- Total $6,150 $77,348 $41,396 $11,426 $139,320 way Company and the Manhattan Eailway Company upon the Green Bay & Minnesota.—This railroad, with all its fran- best means of carrying the decision, of the arbitrators into effect. chises and rolling-stock, and a branch from Onalaska to La^ The address then continues: Crosse, is advertised to be sold at sheriff's sale in Milwaukee, " A joint committee was then appointed by the New York Wis., November 13. Metropolitan companies, but none by the Manhattan. This and Northern Paeiflc.—It is reported that the Northern Pacific to agree. No feasible plan of committee has not been able Railroad Company has completed the sale to a coloiry of Ger- has been devised, owing to legal difficulties; but the merger mans of ten townships of land on the Pend d'Oreille division of representative of the New York Company made the following the road, at $2 60 per acre, cash. This sale will net the com- suggestions: pany over $300,000, and this amount will be used in retiring " Change the tripartite agreement and leases in the following the bonds of the division on which the land is located. particulars: Ohio Central.—A call has been issued for a special meeting " I. Make the payment of the ten per cent dividend to de- of the stockholders and registered bondholders of this company pend upon the earnings, and, if there be a deficiency in any to be held at the ofiice of the company in Columbus on the 18tli quarter, the same to be covered by scrip, payable, with interest of October, 1880. This is for the purpose of authorizing the six per cent, out of future earnings; the first twenty per at construction of a branch line known as " Mineral Division," and cent, with interest on half from September 15. 1880, to be paid the increase of the capital stock of the conipany from §4,000,000 to the New York Company. to 14,400,000, and the issue of certain securities secured by " II. Place the control cf the leased property in the hands of mortgage on such branch line, and for other purposes. On the joint committee of nine, three to be appointed by the directors a same day and at the same place there will be a meeting of the of each of the three companies—New York, Metropolitan and stockholders of the Ohio Central Coal Company, for the purpose Manhattan. of authorizing the purchase of additional property, and the " III. This committee to be annually appointed and the ar- issue of bonds secured thereon, and the transaction of other rangement to continue until the legislation next mentioned be obtained. Ogdensburg & Lake Champlain.—The Boston Transcript "IV. Legislation to be applied for, giving the stockholders and " six per cent bonds- says : The option upon the new treasury bondholders of the three companies power to choose the Ogdensburg & Lake Champlain Railroad Company, directorsof the Manhattan Company." of the given Harriman & Co., of New York, at 95 net, expires next. The resolutions passed by the stockholders approve the action Friday. None have been sold and none need be, as the Ogdens- of the directors and the suggestions of Mr. Fiske, and authorize burg elevator project has been given up." the board of directors to conclude an arrangement with the Mr. John King, Receiver of the Ohio other companies " on the basis of those suggestions, or upon Ohio & Mississippi.— United States Court, any basis having the same general design." & Mississippi Road, hied his report in the

August : Cash on hand 'The stockholders of the Metropolitan Elevated Railway making the following exhibit for receipts, $543,548 ; total, $735,164. Balance Company met, pursuant to call, September 25, to take action Aug. 1, $191,615 ; comparative statement of the receipts on the proposed merger of their company and the New York September 1, $301,351. A with the corresponding month in 1879 shows a. Elevated Company on the terms suggested by the recent arbi- and expenditures August, 1879, the receipts were $390,027 ; tration. After considerable discussion, it was resolved to large increase. In adjourn until such time as the President and board of direc- expenditures, $278,512. tors may be able to present to them some more satisfactory Oregon Paeiflc.—The New York New England & Western scheme of merger. Some of the largest stockholders said they Investment Company is now offering for sale at par the first would never consent to a consolidation on the terms proposed. mortgage 6 per cent land grant sinking fund gold bonds of the They claimed that the possession' of the only two outlets to Oregon Pacific Railroad. The land grant contains over 900,000 Westchester County gave their stock a much greater value acres of valuable selected lands—forest, mineral, and agricul- than that of the New York Company, and said that they were tural—and includes over forty miles of ocean front, and many and satisfied that the Manhattan Company will always be able to miles of deep water front for docking on Yaquina Bay comply with the requirements of the lease. Mr. Jose F. Navarro, Alsea Bay. The mortgage to the Farmers' Loan & Triist Com- who represented the Metropolitan Company on the Conference pany, trustee, securing these bonds, covers the entire land franchises, Committee, reported that the committee had been unable to grant and other real estate of the company; also its agree except on one point: that the payment of the 10 per railroad, rights of way, rolling stock, docks, wharves, steam- cent dividend should depend upon the earnings, and that ships, steamboats, ferry-boats and all other property. : — —

October 2, 1S80.] THE CHRONICLE. 359

Peoria Pekin & Union Railway.—At Peoria, 111., Septem- arrange for running trains of the Wabash St. Louis & Pacific of the Peoria Pekin & Union across the Union Pacific bridge into Omaha, and to select ber '2i artieies of incorporation incorpora- depot buildings." Bailway w«re flled in the Circuit Clerk's office. The grounds for York; tors are Solon Humphreys and A. L. Hopkins, of New St. Louis & Southeastern.—A despatch of Sept. 28 to the C. U. George L. Bradbury and John B. Cohrs, of Peoria, and Cincinnnti Enquirer^ states that the decree of sale in the cases Curaming.s, of Chicago. The capital stock is fixed at $2,(JOO,000, against the St. Louis & Southeastern Railroad, extending from divided into 20,000 shares of |100 each, to run for fifty year-s, St. Louis to Nashville, b,^ way of Kvansville, consolidated, with for the purpose of operating and maintaining a railroad under Philo C. Calhoun, Rurviving trustee, as complainant, has been the above-named title, to run from Peoria to Pekin on one or entered in the United States Court. The decree finds that there is to at Peoria. both sides of the river. The principal office be is due on the bonds of October, 1860, March, 1871, and August, 1872, the sum of $1,982,6:{7, of which $1,627,637 is interest. Philadelphia & Rcadins.—The press despatches from Phil- The holders of the bonds of October, 1872, have received there- adelphia. Sept. 30. say it is reported there that the net re- on $50,000 from the sale of property in Kentucky and ^28,899 ceipts of the Reading Railroad and the Blading Coal & Iron from the sale of property in Tennessee. In aodition to thia, Company for September, after charging all rentals, exceeds there is still due the sum of $7,461,866, including interest to ^1,200,000. Out of this the Receivers have concluded to pay, the amount of $3,048,796, making a total indebtedness up to •on October 5, |100,000 on account of money borrowed. The August 1, 1880, of $12,444,504. The company has until Octo- loan was $1,000,000, to pay the interest on the consolidated ber 21 to make good this amount of default«a bonds and inter- mortgage bonds then falling due and the wages of ihe railroad est. In case it fails, W. P. Pi.shback of Indiana, and John A. employees. A further payment of $200,000 will, it is said, be Jones of Illinois, are authorized to sell the property at Spring- made on the same account. field, 111., after advertising the same for six weeks. Pittsburg Riot Losses.—The official report of the losses bv Sacramento & PlacerTllIc.—On the 14th of March, 1864, the the railroad riots of July, 1877, has been published. The fol- Sacramento & Placerville Railroad Company executed a mort- lowing is the loss of railroad property gage to D. N. Barry and Louis McLane, to secure the payment Penusylvanla Railroad losnes $2,007,400 bonds to the amount of $750,000, bearing interest at the rate PtttslmrB Cincinnati & St. Louis Railway 227,814 of of 10 per cent per annum. In this mortgage a power was con- Cleveland & IMUshurg Railway ^"I'til? Erie & Pittsbnr); Railway 5,490 ferred on the mortgagees, in cases of default, to take possession Railway 34,769 PlttsburK Fort Wayno & CliicaKo of the mortgaged property. On the 25th of October, 1877, Aslitabula Youugstowu & Pittsburg Railway 2.010 Louis McLane commenced an action in the Fifteenth District Total $2,310, lti(i Accrued Interest to date 334.1)74 Court for the appointment of a Receiver of the property Grand total $2,045,140 embraced in the mortgage. On the 19th of that montn he was appointed Receiver by Judge Dwinelle, with full power to hold These claims were compromised at ijl, 600,000. Of railroad exercise the authority conferred by the mortgage until rolling stock there were wholly destroyed or partially damaged and further orders of the Court, unless the company, within 50 days 107 locomotives ; there were wholly destroyed 33 passenger after service of a copy of the order, paia the amount due on «oaches, 5 Pullman palace coaches, 3 officers' coaches, 7 emi- and coupons secured by the mortgage. The com- :grant coaches, 3 combined baggage and passenger coaches, 1 the bonds took an appeal from this order to the Supreme Court, in paymaster's car, 8 baggage cai-s, 10 express cars, 2 postal cars, pany the nature of a review, under Title 1, Chapter 1 of the Code of *51 box or house ears, 92 refrigerator cars, 34 stock cars, 856 Civil Procedure. ' The question presented related to the power gondola or flat cars, 48 caboose or freight conductors' cars, 1 to make such an appointment. Chief Justice Mor- tool car and 98 coal or coke cars. of the Court written an opinion in the case, in which he holds that Other important losses were the Pittsburg Grain Elevator rison has it was within the power and jurisdiction ot the Court below to Company—original amount of claim, $211,210; compromised order complained of, and the writ was accordingly and settled for $133,804. make the Francisco Bulletin. Pullman Palace Car Company—original amount of claim, discharged. San conference was held in New- ^88,000 ; compromised and settled for $55,217. South Carolina Railroad.—A Baltimore & Ohio Railroad Company—original amount of York recently between the Purchasing Committee of the bond- of the holders of a majority of «laim, $56,469 ; eorapromised and settled for $33,232. holders and representatives Keystone Hotel Company—original amount of claim, $32,724; the secured floating debt in New York and Charleston. The compromised and settled for $22,293. result of the conference was that the representatives of the Seventy-nine buildings burned belonging to private indi- floating-debt creditors determined to advise their principals to viduals and corporations other than those belonging to the road. accept the terms of settlement proposed by the Purchasing interest The total number of all kinds of claims to date (September Committee, which are : To pay the principal and of '20, 1880) which have been settled by the County Commissioners, the debt secured by the second-mortgage bonds, one-third in mostly without the intervention of the courts, was for loss and cash, one-third in notes running six, twelve and eighteen did not include interest; they amount to $3,261,013. They have months, secured by bonds, and the remaining one-third in fceen compromised and settled for $2,489,737. second mortgage bonds of the new company at 90 cents. The flr8t*mortgage bonds to be paid in full Pullman's Palace Car Company.—In the United States floating debt secured by Railroad Oazette. Court in Baltimore, September 25, the Pullman Palace Car in cash. Company, of Chicago, filed a bill of complaint and prayed for Southern Pacific (Cal.)—The American Exchange publishes an injunction against the Baltimore & Ohio Railroad Company from a special correspondent the following from Tucson, to restrain it from the construction and use of palace cars Arizona, Sept. 17, 1880 : which, it is claimed, are infringements on the Pullman patents. " The Pacific Improvement Company has just turned over "The bill of complaint is an extensive document, and sets forth to the Southern Pacific Railroad 79 miles more of completed in detail the history of the Pullman Company and its contract track. The terminus of the railroad is now at San Simon "with the Baltimore & Ohio Company. It alleges that the Valley. 125 miles east of here. The first station is called Pan- Baltimore & Ohio entered into a contract with it for the use of tana, 28 m.; the second Benson, 18 m,; the third Wilcox, 40 m.; cars Oct. 1, 1870, and now that the contract is about to expire, the last San Simon, 39 m.; total from Tucson, 125 m." it is in the act of building, at Dayton, Ohio, a number of palace Texas & Pacific.—Notice is given to the holders of Texas cars which are infringements on the Pullman patents. The & Pacific Railway Company Stock Trust Certificates, issued by Pullman Company therefore prays the Court for a perpetual Matthew Baird, John McManus, Frank S. Bond, W. T. Walters injunction to restrain the Baltimore & Ohio from either the and Alfred Gaither, Trustees, that on and after October 1, 1880, manufacture or the use of such cars. The Baltimore & Ohio the trustees will be prepared to receive at the office of the determined upon this step some time ago, and it is reported Texas & Pacific Railway Company, in Philadelphia, all out- that they will make a sturdy fight with the Pullman Company standing certificates issued by them, and in exchange therefor upon the question of its patent rights. The Pullman Company will make proper transfers on the books of the company of a claims patents on every article in its car, from the berth to tl;« like number of shares of the capital stock of that company, for towel-rack, and will employ able cotmsel to press this suit. which regular certificates will be issued. Several of the Baltimore & Ohio's new palace cars have reached Western Union Telegraph—American Union.—The hear- Baltimore, and were to be put in use on Oct. 1. The Pullman ing in the suit of the Western Union Telegraph Company, Company also charges that the Baltimore & Ohio is endeavoring against the Kansas Pacific Railway Company and the American to get other roads to close their contracts with it. The case is Union Telegraph Company, before Supreme Court Justice set for a hearing Oct. 7. Miller and Judge McCrary, which began in St. Louis Sept. 21, St. Louis Iron Mountain & Southern-This company, having was terminated on the 25th. The hearing was upon the motion purchased sundry obligations of the Memphis & Little Rock of the defendants to dissolve the injunction secured by the Bailroad Company of Arkansas, and also a controlling amount Western Union Telegraph Company in February last, in Kan- ot its stock, gives notice that on or after thirty days from sas, and under which the Telegraph Company recovered back Beptember 25, it intends to issue a certain amount of additional the possession of its lines seized by the Gould combination, «tock, not exceeding 15,000 shares, of the St. Louis Iron Moun- which had the control of the Kansas Pacific road, and which tain Southern & Railway Company, for the purpose of paying sought to put the lines under the control of the railroad and for Slid purchase of stock and obligations. the American Union Telegraph Company. It had been alleged St. Louis & Pacinc.—A despatch to the Chicago Timen from by the railway company that its contract vfith the Western Omaha, " and operated the Sept. 29, savs : A special train arrived in Omaha Union Company, under which the latter held thi.s morning with Solon Humphreys and other officers of the lines, was void and inoperative. To meet this and other objec- Wabash liine. They came here from Keokuk, where they met tions, the Western Union amended its original bill with many representatives of the Missouri Iowa & Nebraska road, a recent allegations, and that among others that, aside from the contract United states accession to the Wabash, and arranged for the extension of that it derived by the title to the lines through the road to a connection with the Omaha Extension of the Wabash, Telegraph Company, which last company was permitted, by Faciho, the connection to be made near Shenandoah, la., within a few special act of Congress, to build lines on the Kansas Union, months. This will give the Wabash an air line between Omaha and had. prior to its consolidation with the Western and Chicago. The principal object of the visit to Omaha is to constructed lines thereon. : . . . :

IVOL. XXIE 360 THE CHRONICLE. gimeg^ O O T T O N. Site (^ommtxtml Friday. P. M.. October 1, 1880. Thk Motkmbnt of the Crop, as indicated by our telegrams. COMMERCIAL EPITOME. from the South to-night, is given below. For the week end- Friday Nioht. Oct. 1. 1880. ing this evening ^Oct. 1), the total receipts have reached 173,221 with regard bales, against 136,413 bales last week, 103,695 bales the previous is but little that is really new to be noted There week and 01,117 bales three weeks since; making the total is better weather at the South to the condition ot trade. There receipts since the 1st of September, 1880, 493,604 bales, against section and in for the development of the great staple of that ; 410,939 bales for the same period of 1879, showing an increase broken by of bales. details of the the Middle States the prolonged drought has been since September 1, 1880, 83,725 The avert receipts for each day of this week (as per telegraph) are as copious rains, which came just m the nick of time to follows : political excite- iterious inconvenience and much damage. The But Receipts at- Sal. Hon. Tiies. Wed. Thurs. Fri. Total. ment increases, and proves some obstruction to trade. temporary influence, this will soon be over, and will have but New Orleans . . 2,772 8,866 4,177 2,510 4,240 3,932 26,497 basis. Mobile 1,641 472 057 1,396 7,831 for the business of the country is on a thoroughly sound 1,367 2,293 Charleston 4,849 0,023 6,330 4,:61 6,838 5,414 33,815 In pork a sharp speculative advance has been established. Port Koyal,&o. 612 613 time have held prices much The Chicago markets for some Savannah 5,887 7,764 6,478 8,143 4,704 6,423 39,399 above the New York markets; a "short" interest of some mag- Brunswick, &o. 782 783 nitude having been developed, the operators here were Galveston 2,153 4,032 1,471 2,488 3,665 3,733 17,542 Indianol*, &c... 698 69S instructed to advance the market to correspond with the West Tennessee, &o.. 825 730 329 945 1,868 1,271 5,988 establish uniform basis for the settling of contracts. and thus a Florida 271 271 irregular and at times Lard and other provisions have been Wilmington .... 938 1,261 841 928 831 483 5,283 doping. To-day mess pork on the spot was quoted at $17@ MoreU'd City,

week, the depressing influences being slowne.ss of trade and Total this week . . 173,221 162,303 130,990 70,040 122,199 lather liberal arrivals. Mild grades have sold moderately at Total since Sept. 1. 493,664 410,939 377,443 153,111 341,131 easy prices. Rice has been fairly active and steady. Molasses lias been dull for both refining and grocery stock, and prices The exports for the week endmg this evening reach a total of liave shown little change. Raw sugar has sold fairly at prices 85,057 bales, of which 5 i,0J9 were to Great Britain, 13,143 to showing no wide variations from those last quoted. At the France aud 15,955 to rest of the Continent, while the stocks ss close fair to good refining is quoted at 7%@7%c. The fol- made ud this evening are now 311,8 ;5 bales. Below are the io wing shows the statistical position of raw exports for the week and stocks to-night, and a comparisja with Bhds. Boxes. Bags. Meladn the corresDouding period of last season. Stock Sept. 1, 1830 110,142 9,364 825,725 7,131 since 1, 28.018 10,006 225,304 Becelpts Sept. ISSO 53 Week EXPORTED TO— Total Same Sales since Supt. 1, 1880 46,646 2,900 249,551 ending this Week Stock Sept. 29, 1880 91,514 16,4H4 801.175 7,184 Oreat „ Ootlti- •• France. Week. 1879. 1880. 1879. Stock Oct. 1, 1879 64,622 22,860 522,648 2,925 Ost. 1. Britain. ,ie„|r.

Refined sugar has not met with a very good demand, and the N. Orl'ns 12,935 9,539 l,651j 24,125 2,928 49,357 00.129

leduction in the production alluded to last week has ncjt pre- Mobile . 10,475 9,884 Tented a decline in soft white and yellow, though hard sugars Charl't'n 11,589 4,60ol 1P,1S9 3,314 60,272 32,628 iave generally remained firm, crushed being quoted at 10%c., Savan'h. 14,152 6,969 21,121 5,858 71,576 34,000 and powdered at 10%@10%c., though granulated has fallen to Galv't'n- 5,516 33,280 41,832 9%c. N. York. 6,299 1,460 1,635 9,394 25,740 46,805 71.394 The speculative activity in Kentucky tobacco heretofore Norfolk- 9,320 9,320 21,350 15,964 noted has been wanting this week, and yet a good business has Other*.. 2,364 1,444 1,100 4,908 7,107 16,730 10,000 Ijeen done in the regular way at firm prices. The sales are 1,300 hhds., of which 1,000 for export and 300 for home con- Tot. this 298,831 sumption. Lugs are quoted at 4M@5/^c. and leaf at 6@15c week 50,6.59 12,443 15,955 85,05'; 50,963 311,865 The movement in seed leaf has been fair, aggregating 1,C34 cases, as follows; 650 cases 1879 crop. Pennsylvania, Tot. si nee 7/^@21c.; Sept. 1.. 181,6221 36,837 21,814 240,3-?3 98,0281 650 cases 1879 crop. New England, seconds, 12c., and wrappers, * The exports tbls week uadortht; held of " ottr^r uorta" tncliiile. frou Bal-

16@40c.; eases crop, Ltvernonl ; from 80 1878 Pennsylvania, private terms; 128 laore, 1,100 bales to Continent : from Boston, 1,287 bales to I Liverpool : from WilQilngtun. 1,444 bales to ranee ; cases 1879 crop, Ohio, 7;!^c.; 76 cases 1879 crop, State, Philadelphia. OOlbales to private from San KranciBCO, 176 bale* to Liverpool. terms: 50 cases sundries, 9(3i20c. A!so 1,000 bales Havana 82c.@$l 22^. From the foregoing statement it will be seen that, compared with the corresponding week of last season, there is an intreaH Naval stores have shown marked firmness until the close, bales, while the stocks to-night when a weakness in Wilmington depressed spirits turpentine in the exports this week of 34,095 bales more than they were at this time a year ago. to 40c.; strained to good strained rosins, $V50@$1 51^. are 13,084 In addition to above exports, our telegrams to-night also give Petroleum has been in active export request in the face of us the following amounts of cotton on shipboard, not cleared, at advancing European markets ; refiners have realized ll%c. for similar figures for New York, all contracts of refined in bbls. Crude certificates closed easy the ports named. We add also which are prepared for our special use by Messrs. Carej, Yale j( and slightly lower at 98Mc. Wool is held more firmly and a moderate trade is seported. In metals nothing of note has Lambert. 60 Beaver street occurred ; prices are uniformly firm and the movement slow On Shipboard, not cleared—/or Ingot copper steady at 18%@19e. for Lake. Leatin0 / . 1 Ocean freights have Oct. 1, AT— Other Coasl- Stock. shown considerable activity, especially «r««.' {France. Total. for grain berth Britain. Foreign tpise. and charter room. Rates" during the past few \ days have improved, and the close shows much steadiness. The New Orleans 9,692 1,870 None. 83 11.030 37,707 eng^ements to-day were: Grain to Liverpool, by steam, 556(1 M>jblle 3,800 None. None. None. 3 800 6.675 150 43,063 standard; cotton, 9-32d. a 5-1 6d.; bacon, 25s.; cheese, 40s Undrl6.ston 4.900 4,400 7,759 17,209 ; grain 4.000 31.800 39,770 to Tyne Dock, by steam, 7%d.; do. to Savannah 22,000 1,000 4,800 London, by steam, quoted Galveston 11,626 None. 6,050 2,171 18,847 10,433 a 8d. do. to Glasgow, 7Md. ; by steam, quoted 5^d. a 5}6d Sew York 4,000 None. 2,300 None, • 7.300 39,505 Charters—Gram to Cork for orders, 53. 6d. on the spot and Other porta 7,000 500 3,000 10,500 'i7,600 6s. 4d. to arrive; do. to Antwerp, 53. 6d.; do. to Havre or Ham- ') 210,759 1 101,106 Tof»l 1 63,018 1 7,270 20,409 9.409 burg, 5s. 6d.; do. to Marseilles orCette, 5s. 3d.; do. to east coast Included in this amount are 1,000 bales at presses for foreign porta, «f Ireland, 4s. 6d. Naphtha to London, Liverpool or Bristol 4s the destination of whicb we cannot learn. 8 1 ; :

THE (JHRONKJLE. 361

the movement of The foUowln/? is our usual table showinir Friday,

the latest Monday to Sept 24, mail Batunla from Sept. 1 Sales, Bales, Thnrsday. Sales, the ports Bales. Bales, at »U Closin Cloeing, cotton Prices Prices Cloalu Prices Prices Cloain Prices Wednesday, mi date: Hj 1 CTosing.bidan "•go total total 51- BXPOBTED SINCB SBPT. 1 TO— paid paid BECEIPTS BIMGK bid BKPT. 1. Sept. nil iiii POSTl. Oreal OtKer Stock. Sep France. Total. (ra an (r« 1880. 1879. Britain. Foreign ^ 1 5°^ Cs ' u 0.5 ' f' 0.5 ' OD 0> « a H.Orlns 36,675 30,010 20,307 17,077 796 38,180 42.579 M 5* ES; ° Hi' 7,163 n\ Pi f P;^ I Mobile. 13,677 14,981 CO 4 ' E: : 2.; : 8.: ; K: : l\ i 2,: 9.832 9,832 46,401 9 g Ohar'a* 63,782 37,055 lit ',','. p^ B»tTi.. 89,713 06,800 14,932 20 l.\002 62.158 ; i ; B 53,102 7,048 3.570 11,218 27,737 Oalv.* . 53,233 Ilil i i i'& K.York 90 2,136 45,449 3,797 5,043 54,289 43,190 nil •' . . . : : : ; 11 r* 3 ; : r» 1 : i i i : i S J . Florida 291 1,340 ...... K. Car. 10,229 8,017 5.017 ^ . • • . . . OD • • 00 • KorTk* 40,145 24,506 0,025 0,025 15,011 Other.. 7,608 4.087 20,720 20,720 6.000 INI r Thlsyr. 321,443 124,903 24,444 5,859 155,206 255,2sy 1- if 1 M^ I^ast ye »r 248,6361 44,884 1.974 207 47,005 a97.227 *:"' tOM MM 1 1 1 1 -CiA 00 tr 000 QD»5 • of OKaritnton la included Port Boyal, *o. under the head of Under the head to 03 MQOm 1 Xor,otk is included Cttv Balvaton is Inoluded Indianola, Ac; under the head ot i-t soo 00 M 1 l«: IS: Is 1 ®p Point. &c. MM*. M»-|a r^^ MtCp lOtOo MM§

1 1; 1 1 There was some activity and excitement to the speculation in i s : .^ss odqO 660 ? ( wo wx Ib'^ future delivery early in the week, owing to the exces- cotton for ("-I— MM M<— sive sales which had been made for September delivery. Not- MM MM MM MM t^t^ 10 to tOM receipts at the ports, supplies at this mar 66 withstanding the free V 05 to to COCCco CJOOtO *-Uco 0*01,0 OiOOm ? C/i Cfl 1 1 e*w Sfc ^^ 1 1 ket had been moderate, and stocks here were kept down by free 1 ®r 1 ^f-' d'£ Mik ^^M MfO -"-a* shipments. Consequently, as the last days of September ap- • :r,i§ 1 :r§ speculative parlance, " cornered itself," § s \aS MKlO KtcoO proached, the market, in 00 o>oi ow OiM and a sharp advance took place in September deliveries. The )->M |M|». k^^ MM 00 ^*^ on the weather reports indicating 9® <=p^ 66 OCO ? a renewal of rains in the Mississippi Valley. The highest CO CO 0»M 03-Im COOm o,*-M Oiy-M W-Mm 1 -'za ^mIo Mh-^j u ooS Mo >^ Tuesday and Wednesday there were important declines for all OOo Omo ? ill 6060 totoo COO* 6mO 1 60 deliveries. A feature of Wednesday's business was an improve- -« ^0, *»,&. 0)00 *1M ai MM ment in October as compared with other months, and it was 00 MO " " 99 99 intimated that speculative manipulation may cause a corner oboo (DOO (OCD 66 6-3 s* i tc^to w a M « ® ,0 mUM C.CT-. rf^-^M in deliveries for this month. Yesterday a firmer opening was OS 00 c» 6)" 1 1 ®.-^ 1 Sp s\- 1 1 ®o 1 ©r followed by a general decline, under weak foreign advices, con- OCo 990 1 95 MMo tinued good weather at the South and renewed weakness in s s ®6o tooo 6^5 iSl r OiW •»> 01 'J 0" Southern markets. To-day a firmer opening was followed by a 00 t) MM t-tt-t l~>l>^ ^'t-^ Mr- Ml— decline, which carried prices to the lowest figures of the week. 00 00 *^r^ ^^t-* t^t^ MM 09 tc<» too 00 66 t-^>^ MO 5? t.. Cotton on the spot was advanced |c, on Monday and reduced ic. l on Wednesday, following the fluctuations of September delivt ries. 1 ^'P s CO Oi ^l-'K, g^Oi ^Oi •^a M|ft. t« Yesterday prices were l-16c. lower, and to-day there was a CMQ <<^ ' i:^g i;^§ i:^g further decline of 3-16c, closing at lljc. tsoo CDO^? 60 middling uplands t-^t^ COM 01 00 u a The total sales for forward delivery for the week are 583,400 i^^^ M^- t-*^^ ^i-* MM Ml-* t^t-i bales, including free on board. For immediate delivery the 00 MM t^t-t oto cow 51 total sales foot up this week 4,530 bales, including 1,599 for ,!>.«- to to o>t^ (OO ?ow - g)»u 1 gio» * 1 *«> I 1 ® TS*^ 1 ®w ^ export, 3,859 for consumption, 72 for speculation, and in oi a t-'i-^ MM-io ^^10 ^^0 ^•-to Ml—^ '^"ro transit. Of the above, bales were to arrive. fol- ^^0 ^^0 '^ 1,370 The s § OmO mmO ^^toO tocbo wwO wwo lowing are the official quotations and sales for each day of Oim Mcc 00 coco tf--3 1-0 iat MHJ the past week: ^-M MM MM- >>i 10 ro lOM COW ecu 2 UPLANDS. NEW ORLEANS. TEXAS. MO o ^0> CO 00 wo fe! M Sept. to Oi 1 ^.*' 25 to 1 1 ei)*- ®w 1 -1 ®." ! ^\« t «w >.^^^ Oct. I. Sat. niou Tuea Sat. non Toes Sat. IHon. Taes MMM 5. tq •^72 ^r5 "t^o '7 1^2 r' g 8 »o to w w CO*.* oio»o l(>iP^O Ordln'y.^lb 9 9% 918 9 918 918 9 913 9% to to tow OSOl OOO oo< -lot Strict Ord.. y»8 6) 91a 93a 958 9\ 9% »5fl 9% 9% ^M^ Good Ord.. 1038 101a I013 lOia 1058 1058 101a 1058 10=8 MM MM Btr. G'd Ord 10% lO'^s 10^8 10''8 11 11 ciicii di6 Wa 11 11 to to OM tOM WM Low Mi4 1138 1138 11% III3 Ilia 1138 lllfl llifl ®." ©I- &\- 1 6JW ^M 1 f 1 1 ?s Btr.L'wMld Ills 1158 ll»fc 11=8 11% 11% 1158 11% 11% MMM MMoi ^-OS MMo 1. Middling... 11% ii's ll's 11''8 12 12 12 12 MMo • Wa CJi.O .3 Good Mid .. 1214 1214 1214 1238 C-r60 6<\^ a»o 121a 1238 1214 1238 1238 00 QD *>CD •-'O *-o. CjiO Btr. G'd Mid 1238 laia 1213 1258 1258 121a 121a 1258 12=8 M .-' M H* K' M Mldd'g Fair 1278 13 13 13 13ie I318 1318 i:ii8 t-*t-* ^^^ M 13 ,

Fair 1358 1 J313 13=8 1358 13% 13% 13.'% 13% 13% wot COi ' » -4 o*. OSQO tU (X3 tfi. 1= 1 1 ITed Tb. Frl. ®!0 1 ^ i ^ Sm IS 1 d: I Wed Tb. Frl. Wed Frl. Tb. t-* :d MMpf. M-co Mt3 ^** < •-^0 '. 1 i-o t"o 1 ^-o 1 "^S 1 Ordin'y.pib 9 8% 9 8i5ie s% 9 8% CCiO 01*0 1 ^0 1 ^0 1 obO 8'"ie fX)W Kl Strict Ord. 91a 9"l8 9=8 99l6 939 93g 9i>io 933 Good Ord.. 1038 105 MM lOifi lOia 107,8 1014 IOI2 107,8 IOI4 a? 03 00 00 00 MM MO as Btr. G'd Ord 10% lOliiolOia lO^s 1058 lO'a.' 10i.-lie 1013i6 105a to -i-i'o ODOO XOO > = :; Low Mldd'g 1114 «6-, 00 do 113ia 11 1138 115,a Ills 1138 U»i8 Ills <1 Of tnoi wo^+ V!^^ CO -4 ~a Str.L'wMia Ills t>3~ III4 1158 00 1 ll'io U9,8 1138 1158 11»16 1138 n ®o 1 ©ISO 1 ^» 1 Sm 1 ®o Silo Middling... 11% MMOO MMtO MMCS MMtO 2 ^- lH'isllia Ifa 1113l8 1158 1178 lU-'ie 11=8 MIO*. Sood Mid.. 1218 12I18 11'8 ,«. rf^ ^rh ^^U ^^*c» l^fa ^'7os I214 12=18 12 124 123,8 12 2 2 5.100 CJiOJO ^ODO 000 SF Btr. G'd Mid 1238 12»,6 1218 121a r27j8 I2I4 12% 127,0 I2I4 rocoo coo g§8 wxo £2§ Mldd'g Fair 12'8 121:>, 12=8 13 121^16 13 12% 1215,8 12% • Includes 200 for .lune. 1881, ut 111)5. T Includes for June, 1831, 100 at lOTB: Fair 131-2 137i„ iia'4 1358 131),, 1358 13% 139,8 1338 t Includes 101, for June, 18-il. ut 11 S I. 100 at 11.72; 300 at UTl: 200 at UIB; STAINED. Sat. i Includes 100 (or Juno, 1S81, at IfSO. for August, 1831, 500 at ll-oO. mon Taes lived Tb. Frl. i Includes 109 (orjuue, 1831, at 11-76. Good Transferable Orders—Saturd.iy, 11-85; Monday, 12-05; Tuesday, Ordinary .»lb. 8l3,e 81»16 815,8 813,8 8% 89,0 Strict Good Ordinary., 11-15; Wtducsdaj-, 11-20; Thursday, 11-15; Friday, 11-10. 97,8 99,8 99,8 ,S3l6 938 93,8 Low Middling , 105,8 107,8 107,8 lOU lOije The following exchanges have been made during the week MiddUng , 113,8 115,8 11", 113,8 Ills 1015,8 300 Nov. for Dee. even. -41 pd. to e.TCh. 600 ©ec. for Mar. MARKET AND SALES. •18 pd. to exch. 200 Dec. for Oct. -14 pd. to cxeh. 400 Jan. for Feb. •11 pd. to excli. 100 Dec. for Jau. -30 pd. to e.tcli. lOO Dec. for Oct. •07 pd. to exoli. 800 Jan. for Oct. SALES OF SPOT AND TRAN.^rT. SPOT MARKET Thk Visible Supply of Cotton, as made up by cable and OLOSED. Bjc- Con- Snec- ZVaii Deliv- Total. telegraph, is as follows. The Continental stocks are the ligurea port. sttnip. Ul'i sit. Sates. eries, of last Saturday, but the totals for Great Britain atd the afloat Bat. Kii-ra 414 714 1,128 02,000 1,200 for the Continent are this week's returns, and Mon Kirm.it igadv... consequently 85 329 414 108,100 1,800 Tues l>nll and brought down to Thursday evening; hence, to make the totals tho easier.. 100 347 447 115,600 1,700 Wed

362 THE CHRONICLE. [Vol. XXXI.

1880. 1879. 1878. 1877. The above totals show that the old interior stocks have in- Rotterdam bales. 2,530 1,938 4.500 11.000 Btook Bt 6.7.nO ereased during the week 10,520 bales, and are to-night a-i,375 bales. Btook at Antwerp...... 981 4,500 9,750 more than at the same period last year. TLe receipts at the Stook at other oontrntai ports. 11,000 3,750 13,000 same^ towns have been 11,471 bales more than the same weelf last year. Total continental ports 184,451 177,424 253.500 369,000 JReckipts from thb Plantations.—The following table 930.250 is- Total European stocks.. .. 705,351 471.005 630,250 prepared for the purpose of indicating the actual movement each afloat tor Europe. 90,000 123.641 140.000 130.000 India cotton week from the plantations. Receipts at outports cottos afloat for Bur pe 126.000 56.209 66,000 28.000 the are some- Amer'n 17.0t,Bv^zi\,f!C.,fiOt toT K'T'\>e 17,000 8,928 10.000 times misleading, as they are made up more largely one year 231.703 157,.^26 Btock m Uuitcd States pons . 311,305 S9j,831 than another, at the expense of the interior slocks. reach, 24.640 16.408 We Stock In U. B. Interior porta. . 45,414 17.039 1,000 therefore, a safer conclusion through a comparative statement United 8tr tea exports to-day . 45,000 12,000 12,000 like the following. In reply to frequent inquiries we will add Total visible supply 1,340,630 987,653 1,104,593 1.280.181 that these figures, of course, do not include overland receipts or Of the aoove, the totals of American and other descriptions are as (oUows: Southern consumption; they are simply a statement of the Atncnean— „_„ „„„ weekly movement from the plantations, of that part of the crop- 194,000 270,000 Liverpool stook 293,000* 80,000 which finally reaches the market through the out ports. Continental stocks 95,000 84,000 190,000 274.000 American afloat for Europe.... 126,000 56,209 56.000 28,000 RECEIPTS FROM PLANTATIONS. United States stock 311.865 298.831 231,703 157.526 United Stat(>9 Interior stocks.. 45,414 17,039 21,640 16.408 United Statos exports to-day.. 40,000 12,000 12,000 1,000 Wetk Receipts at the Ports. Stock at Interior Parts Rec^pia from Ptant^ns.. ending— Total American 916,279 554,079 708,343 746.934 1878. 1879. 1880. 1878. 1879. 1880. 1878. 1879. 1880. East Indian, Brazil, fld. e'lsd. 6iaii. Got. 1.. 130.990 162,303 172,221 47,208 82.207 78,735! 140,326 173,736 189.94T ^p" On account of tlie non-arrival of our cable dispatch, we are com- pelled to repeat most of our last week's figures iu the above table. The above statement shows * The stock at Liverpool, according to the estimated running count, 1. That the total receipts from the plantations since Sept. 1 in would be 541,000 bales; but actual count makes it 73.000 bales less. 1880 were 547,456 bales ; In 1879 were 455,845 bales ; in 187& The actual American in stock is also found to be 70,000 bales loss than the rmmlng estimate. were 419,004 bales. 2. That the receipts at the out ports the past week The above figures indicate an increase in the cotton in sight to- were 173,321 bales, and the actual movement from plantations night of 352,9.7 bales aa compared with the same date of 1879, 189,947 bales, the balance being added to stocks at the interior an increase of 336,037 bales as compared with the corresponding ports. Last year the receipts from the plantations for the same date of 1878, and an increase of 60,446 bales as compared with 1877. week were 173,736 bales, and for 1878 they were 140,3i6 bales. In the preceding visible supply table we have heretofore only included the interior stocks at the 7 original interior towns. Weather Reports by Telegraph. —In the Atlantic States, As we did not have the record of the new interitr towns for the and portions of most of the other States, the weather has been four years, we could not make a comparison in any other way. fairly favorable the past week. But a very considerable and That difficulty no longer exists, and we therefore make the fol- important section of the Southwest is still having an excess of lowing comparison, which includes the stocks at the 19 towns rain, which interferes with picking and the ripening of the fruit. given weekly in our table of interior stocks instead of only the Galveston, Texas. —We have had showers on three days the old 7 towns. We shall continue this double statement for a earlier part of the past week, the rainfall reaching sixty-eight time but finally shall simply substitute the 19 towns for the 7 hundredths of an inch; but the latter portion has been clear and towns in the preceding table. pleasant. The thermometer has ranged from 0(1 to 87, averaging American— 1880. 1379. 1878. 1877. 76. Picking is beginning again, but tlie ground is still too wet Liverpool stock bales 293,000 86,000 194.000 270,000 to do much. Accounts from the interior are conflicting. With- stocks 95.000 84,000 Continental 190,000 271,000 out doubt much damage has been done, but with continuous fair American afloat to Europe 126,000 56.209 56,000 28,000 United States stock 311,865 293,831 231,703 157,126 weather the crop still promises very well. The rainfall for United States interior stocks.. 78.735 52.207 47,203 29,720 September is ten inches and eighteen hundredths, which is United States exports to^lay . 45,000 12,000 12,000 l.HOO enormous, and amounts to more than one-thitd as much as fell Tota Amerltan 949,600 589,217 730,911 760,246 during the whole of last year. It the earlier part the East Indian, Brazil, t£c.— Indianola, Texas.— rained hard of past Liverpool stoi-.k 175,000 147,000 357,000 265,000 week on four days, with a rainfall of two inches and eighty-six Londonstock 52,900 60,581 2o,7.i>0 26,250 hundredths; but has been clear and pleasant the latter portion. Continental stocks 89,151 93,424 63,500 95.000 It is still wet pick, exceptiug on high lands, and there is India afloat for ijurope 90,000 123,641 140,000 130,000 too to Egypt, Brazil, Ate, afloat 17,000 8,928 10,000 17,000 great complaint of rot. There is not a leaf left on the cotton plant. Roads almost impassable. Average thermometer 76, Total East India, &0 424,351 433.574 396.250 533.250 highest 88 and lowest 63. The rainfall for September is eight Total American 919.600 589,217 730,911 760,246 and eight hundredths Indies. Total visible supply 1,373,951 1,022,821 1,127,101 1,293,490 Vort'.eana, Texas. —It rained hard on two days the earlier part These figures indicate an increase in tiie cotton in sight tonight of the week, but the latter portion has been clear and pleasant. of 351,130 bales as compared with the same date of 1879, an Much damage has been done, but if we can have fair weather, increase of '.^46,790 bales as compared with the corresponding date will still make as much as can be picked. The thermometer has of 1878. and an increase of 80,455 bales as compared with 1877. ranged from 54 to 83, averaging 70. The rainfall for the wees is two inches, and for the month of September seven inches and At the Interior Ports the movement that is the — receipts sixty-nine hundredths. •nd shipments for the week, and stocks to-night, and for the Dallas, 'Texas. — It rained tremendously three days the earlier corresponding week of 1879 is set out in detail in the — foUowino" the week, the rainfall reaching four inches and fen hun- Btatement: part of dredths; but the latter portion has been clear and pleasant. Much

damage has been done ; streams are overflowed, and picking is Week ending Oc . '80. 1, Week ending Oct . 3, '79. still suspended on all bottom and flat lands. 'I'here is much complaint of rot. Average thermometer 70, highest 88 and Receipts. Shipm'U Stock. Receipts. Shiptn'ts Stock. lowest 54. During September the rainfall reached five and Augusta, Ga 11.966 9,549 7,990 6,844 7,183 2,737 seventy hundredths inches. Columbus, Ga 5,880 3,525 7,155 2,471 2.301 2,152 Brenham, Texas.— It rained hard the first three days of the Macon, Ga 3.400 3,124 4,009 2,808 2,379 2,109 Montgomery, Ala «,524 5,742 6,535 7,336 6,809 2,993 past week, the rainfall reaching two inches, but has been clear Selma, Ala* 3,750 3.370 3,800 7,268 9,164 and pleasant the latter portion. Much damage has been done. Memphis, Tenn.. 9,121 4,945 14,959 776 14 1,162 Picking resumed in uplands, but not on bottoms. Roads very Nashville, Tenn.. 211 107 966 1,908 701 2,148 bad but drying fast. The thernaomeier has ranged from 58 to Total, old ports. 40,882 30,362 43,414 29,411 28,554 17,039 87, averaging 73. The rainfall for the past mouth is five inches and seventy-five hundredths. Dallas, Texas ... 1,486 1,053 793 1,575 1,083 1,418 Texas. Rain fell on three days, hard, the earlier part Jefterson, Tex... 116 50 435 400 663 137 Waco, — Slireveport, Iji.*. 1,346 1.210 1,650 2,763 1,400 3,349 of the past week, to a depth of one inch and seventy-five hun- Vicksburg, Miss. • 2,003 1,618 1,390 4,373 3,427 1,692 dredths. The latter portion has been clear and pleasant. Much Columbus, Miss.. 481 217 570 994 Eufaula, Ala. ... 1.8.=>7 damage has been done. Picking beginning again. Roads bad, 1,794 1,211 2,001 2,508 1,060 Griffin, Gat 2,200 2,003 1;300 600 300 but improving. Average thermometer 71, highest 87 and low- Atlanta, Oa 8,201 7,249 9,063 5,748 4,081 est 57. Rome, Ga 5,821 2,448 6,446 3,087 2,205 2,419 New Orleans, Louisiana. —It rained on four days the earlier Charlotte, N. C. . 3,612 2,8.50 1.353 1,853 1,704 St. Louis, Mo.... past but the portion has been clear 6,558 5,786 8,018 21,377 16323 17,984 part of the week, remaining Cincinnati, O.... 2,309 2,631 1,092 1,473 1,326 1,441 and pleasant. The thermometer has averaged 74. The rainfall for the week is two inches and five hundiedths, and for the Total, new p'rts 36,195 23,989 33,321 46.236 35,660 35,168 month seven inches and forty-eight hundredths. Totol, all 73.-. ' 77.077 50 351 7S 75 6 17 64^14 .S2 "07 Shreveport, Louisiana. — I'he weather was cloudy and rainy the ' ihis year's flgii[res been cool, clear and estim ated. 1 £stimetted. first three days of the past week, but has

I OcTOBBn 2. 1680.1 THE (JHRONJOLE. 363 more favorable for picking during the pa.^c. for 1% lb.s., 11^011»/6c. for three days, the rainfall reaching two and sixteen hundredths 2 lbs. and 12^@12>6c. for standard qualities. Butts are rather severe storm, destroying close, but little inches. We have had an unusually quiet at the and inquiry is noted ; the sales for considerable cotton. Average thermometer 74, highest 86 and the month on spot and to arrive have been 2.'),000 bales, all lowest 61. The rainfall for the month of September is nine qualities at 254@3c. The present stock is 59,000 bales, while inches and two hundredths. " The crop of this section will advices report some 27,000 bales. The market Is steady as to undoubtedly be very short." price, and holders ask 25i@3c., the latter for a prime quality. LittUJioek, Arkansas.—Friday, Saturday, Sunday and Monday COMPABATIVB POKT RBCBIPTS AND DAILY last were cloudy, with rain on the throe latter days, the rainfall CBOP MOVBlfEST. comparison of the port reaching sixty hundredths of an inch. The remaining portion of A movement by weeks is not accurate, as weeks in different years the week has been clear and pleasant, the thermometer averaging the do not end on the same day of the month. have consequently added to our C4 and ranging from 48 to 80. During the month of September We other atandiDg tables a daily and monthly statement, that the thermometer averaged 67, with an extreme range of from 48 the reader may con- stantly have before him the data for seeing the exact to 88, and the rainfall reached five inches and nine hundredths, relatire movement for the years named. with rain on thirteen days. Tne movement each montb since Sept. 1 has been as follows: NashnUle, Tennessee. — It has rained daring the past week on four days, the rainfall reaching two inches and fourteen hun- averaging dredths. The thermometer has ranged from 43 to 78, MoHlMy Year Beginning September 1. 64. We have had a, frost, but not a killing frost. Receipts. 1800. 1879. 1878. 1877. 1fl7A Memphis, Tennessee. —It has rained during the week on four days, the rainfall reaching eighty-two hundredths of an inch. Sept'mb'r 458,478 333,643 288,848 98,272 236,868 169,077 The thermometer has averaged 07, the highest being 83 and the Perc'tage of tot. port lowest 49. The last three days of the week have been clear. receipts Sept. 30.. 0867 06 49 0210 05-97 0403 September reports from this section will indicate twenty-five per cent depreciation from July. This statement shows that np to Sept. 30 the receipts at the Mobile, Alabama.— It was showery four days the earlier por- ports this year were 124,835 bales more than in 1879 and 169,030 tion of the week, the latter part having been clear and pleasant. bales more than at the same time in 1878. By adding to the Crop accounts less favorable, as we are having too much rain. above totals to Sept. 30 the daily receipts since that time, we Average thermometer 71, highest 86 and lowest 57. The rain- shall be able to reach an exact comparison of the movement for fall for the week is one inch and thirty-four hundredths, and for the dillernt years. the month of September seven inches and four hundredths. Montgomery, Alabama. —The first four days of the past week 1880. 1879. 1878. 1877. 1876. 187.», were rainy, the rainfall reaching eighty-one hundredths of an

Inch ; but the latter portion has been clear and pleasant. The Sept.l.... 5,037 3,490 8. 408 1,918 1,064 days have been warm but the nights have been cold, the ther- " 2.... 5,669 1,84S 5,708 8. 1,691 1,38C mometer averaging 71; the highest was 87 and the lowest 53. " 3.... 10,512 1,391 4,051 1.216 S. 1,731 The rainfall for September is three inches and fifteen hun- " 4.... 6,474 2,261 4,799 016 4,630 1,407 dredths. " 5.... 8. 4,927 4,224 1,009 2,996 8. tielma. Alabama. —During the earlier portion of the past week " 6.... 14,751 2,104 7,118 754 3,414 3,761 rain fell on two days but the latter part has been clear and " 7.... 9,315 8. 4,108 1,701 3,111 3,223 pleasant. Picking is progressing finely. " 8.... 8,616 5,454 8. 1,035 3,932 3,116 Madison, Floriaa. Telegram not received. — " 9.... 11,098 5,124 13,115 8. 4,703 3,621 Macon, Georgia. Rain has fallen during the past week on two — "10... 10,862 4,878 7,311 3,083 S. 3,928 days. '1 he thermometer has averaged 07. rainfall for The Sep "11.... 15,610 4,853 0,259 1,398 8,923 3,137 tember is one inch and seventy-six hundredths. "12... 8. 7,630 7,982 3,108 4,788 S. Columbus, Oeorgia.— It has rained slightly on two days the " 13.... 20,842 7,089 8,537 1,001 7,752 7,119 past week, the rainfall reaching eighty hundredths of an inch. " 14.... 15,117 S. 10,714 2,524 6,085 6,512 'I'he thermometer has averaged 71. During the month of Sep- " 15.... 13,999 15,628 8. 2,459 7,899 5,417 tember the rainfall reached two inches and n nety-nine hun- " 16.... 16,191 , 12,215 15,127 8. 7.533 5,104 dredths. " 17.... 20,900 12,995 10,425 5,083 B. 6,209 Savannih. Georgia.—We have had light rains on two days, the " 18.... 18 470 11,071 10,032 4,109 13,925 5,327 rainfall reaching six hundredths of an inch; but the rest of the " 19... 8. 14.955 11,125 3,533 10,417 B. week . has been pleasant. Average thermometer 73, highest 85 " 20... 30,300 17,082 16,933 2,733 10,361 8,815 and lowest 57. "21.... 20,019 8. Augusta, Oeorgia. —There has been no rainfall at this point 11,302 6,310 9,876 6,321 " 17,749 during the week, and the weather has been pleasant. Picking is 22.... 26,420 S. 4,049 12,112 8,173 " progressing, and cotton is being sent to market freely. Average 23.... 19,484 23,729 17,905 8. 13,538 8,149 " thermometer 73, highest 90 and lowest 59. The rainfall for the 24.... 30,355 21,382 18,579 9,470 8. 10,013 " month of September is one inch and four hundredths. 25.... 21,788 19,141 13,584 5,313 20,015 10,109 Charleston, Soutfi Carolina. —We have had a light rain on one " 26.... S. 19,975 13,814 7,922 13,011 8. day during the past week. The thermometer has ranged from 61 " 27.... 37,550 22,976 23,679 6,254 14,978 17,315 ' to 84, averaging 74. " 28.... 25,495 S. 18,016 10,150 14,121 12,483 The following statement we have also received by telegraph, " 29 ... 21,321 31,231 8. 8,450 19,682 11,978 showing the height of the rivers at the paints named at 3 o'clock " 30.... 27,881 30,800 24,374 S. 15,091 12,3^ September ZO, 1880, and October 2, 187y. I'oc.8op30 458,478 333,643 288,818 93,272 236,865 109,077 Sept. 30, '80. Oct. 2. '79. Oct. 1.... 35,186 20,785 23,599 13,911 S. 11,531 Feet. Inch. Feet. Inch,

New Orleans Below high-water mark . . 12 8 13 2 Total 493,004 354,428 312,417 109,213 236,368 183,608 Memplils Above low-water mark... 5 5 3 2 Percentag of total Nashville Above low-water mark... 11 C e Bhreveport Above low-water mark... 7 2 8 p'rt rec'pt8 Oct. I... 0705 07-02 02-31 05-87 04-38 Vlokaburu Above low-water mark. .. Missing. 5 7 This statement shows that the receipts since Sept. 1 up to New Orleans reported below high-water mark of 1871 until to-night are now 139,230 bales more than they were to the same Sept. 9, 1874, when the zero of gauge was changed high-water to day of the month in 1879 and 181,217 bales more than they mark of April 15 and 16, 1874, which is O-lOths of a foot above were to the same day of the month in 1878. We add to the last 1871, or 18 feet above low-water mark at that point. table the percentages of total port receipts which had been received to October 1 in each of the years named. FiKT E.xpoRT FROM NoRFOLK.—The Norfolk Virginian of Sept. 24 'states that " the first cargo of cotton exported this season India Cotton Movement prom alt. Pouts. —The figures which are now collected for us, and forwarded by cable each left Norfolk yesterday afternoon on the fine British steamer Friday, of the shipments from Calcutta, Madras, Tuticorin, Car- Farnley, Capt. Grant, for Liverpool. The Farnley carries out war, &c., enable us, in connection with our previously-received the largest cargo for her tonnage ever shipped from this report from Bombay, to furnish our readers with a fall and country, and we invite attention to the following figures, which complete' India movement for each week. We first give the Bombay statement for the week and year, bringing the figures speak for themselves: Her cargo was 6,025 bales cotton, 152 down to September 30. toQM manganese, 5,000 treenails and staves, and 144 cattle on JBOltBAY RECEIPTS AND SHIPMBNTS FOB POUR TBABS. deck. The Farnley was loaded at the mammoth presses of Messrs. Reynolds Bros., and by the aid of their improved Shipttients this week. Sh ipmenls since .Tan. 1. Becclpls. patented steam band pullers. The cargo Great Conti- This Since shows the extraordin- rear Great Conli- _ , , BrU'n. nent. Total. Britain nent, Total. Week. Jan. 1. ary average of 4 61-100 bales to the ton. The cotton weighed 1,082,000 2,867.984 pounds, an average of 476 pounds to the bale. This 1880 1,000 5,000 6,000 357.000 488,000 845.000 2,000 1879 6,000 6,000 219.000 347.000 SiHi.OOO 7.000 799,000 clearance is just two weeks earlier than our first exports of last 1378 1,000 4.000 5.000 i 1 0,000 396.000 700,000 5.000 803,000 season." 1877 3,000 3,000 ,376,000 411,000 737,000 2,00(.i 99 S,000 .

364 THE CHRONICLE. [Vol. XXXI.

foregoing, appears to show a deereaie New York. Boston. Aecording to the Bombay Beceipts Phikulelphia. Baltimore. with last year in the week's receipts of 5,000 bales, and compared from— This Since This Since This Since This Since no change in shipments; and the shipments since January I show week. Sept. 1. week. Sept. 1. week. Sept.l. week. Sept. 1. increase of 349,000 bales. The movtment at Calcutta, an N. Orl'ans years 2,393 6.953 Madras, Tuticorin, Carwar, &c., for the samb week and Texas.... 15,151 has been as follows. Savannab 5,657 18,903 "709 "800 2,550 "9V4 3,868 Mobile... 4CUJUJ[rrTA, MADRAS, TnTICORty. CARWAR, RAWQOOSI AXD KTTRRACHBE. ""40 Florida . . "ibe S.Car'lina 3,271 10,749 "455 Shipments this wttek. Shipments since January 1. 2,409 N.Car'lina 1,270 4,475 "424 440 690 Tear. Great Conti- Oreat Conti- Virginia.. 10,019 22,154 i',977 4,097 9,202 Total. Total. Britain. nent, Britain. nent. North, pts 263 1,505 3,220 Tenn., &c. "358 418 518 2,173 i',ii6 2,'287 1880 200.000 80,000 280,000 Foreign . - 59 502 1879 i'.obo 2,6d6 3,6b6 200,000 106,000 300,000 1878 8,000 1,000 9,000 122,000 59,000 181,000 This year. 22,473 79,704 2,507 8,070 1,916 4,837 5,906 16,259 1877 79.000 51.000 130.000 Lastj'ear. 51,895 1 23,432 1 6,357 12,884 1,515 2,960 ! 3,963 6,278 The above totals for this week show that the movement from Shipping News.—The exports of cotton the ports other than Bombay is 3 ,000 bales less than same week from the United States the past week, as per of last year. For the whole of India, therefore, the total latest mail returns, have reached 46,633 bales. So far as the Southern ports shipments this week and since January 1, 1880, and for the are concerned, these are the same exports reported corresponding weeks and periods of the two previous years, are by telegraph, and published in the Chronicle last Friday. •s follows With regard to New York, we include the EXPORTS TO EUROPE PROM AIL INDIA. manifests of all vessels cleared up to Wednesday night of this week. 1880. 1879. 1878. Shipments New York—To Liverpool, per steamers Biela, 111. ...City of io all Europe ThU Since This Since This Since Berlin. 689. from— ...Spain, 1,462. ..8cythia,515... Aleppo, 1,300 week. Jan. 1. week. Jan. 1. week. Jan. 1. City ot Montreal, 1 ,940 B,altic, 282 6 299 To Hnvro, per steamer Amerique, 1,160 1*460 Bombay 6,000 845,000 6,000 596,000 5,000 706,000 To Bremen, per steamers Mosel. ' 500.... Nurunburg, 733 . 1,235 All other p'rts. 280,000 3.000 306,000 9,000 181,000 To Hamburg, per steamer iilemauna, 400 400 New Orlea!J8—To Liverpool, per ste.amer Buenaventura, 3,240 3,240 Total 6,000 1,125.000 9.000 902.000 14,000 837,000 To Havre, per steamer ViUe de Marseilles, 2,840. . . .per sblp L. B. This last statement affords a very interesting comparison of the Gilchrist, 3,833 6 673 To Rouen, per steamer Wanuoutb, 1,720 " l!720 total movement for the week ending Sept. the three 30, and for To Vera Cniz, per steamer City of Mexico, 796 796 years up to date, at all India ports. Texas—To Liverpool, per steamers Cosmo, 4,212 Hallam- sbire,3,436 7 648 Alexandria Receipts and Shipments.— arrange- To Havre, per steamer ', Through Nelson, 3,570 ' 3*570 Norfolk—To Liverpool, ments we have made with Messrs. Davies, Benachi & Co., of per steamer Farnlev, 6,025 . " 6,025 Baltimore—Tj Liverpool, per steamers Liverpool and Alexandria, we now receive a weekly cable of Hoi-rox, 1,866 Nova Scotiau, 1,750.... Enrique, 1,668 5,304 the movements of cotton at Alexandria, Egypt. The following BOSTON—To Liverpool, per steamers Atlas, 99 Bavarian, 650 are the receipts and shipments the past week and for the corre- — Massachu.setts, 122 §71 PniLADCLPHiA— sponding weeks of the previous two years. To Liverpool, per steamers indianaV 194 aiid lllSealsland Lord Gougb, 901 1206 San Francisco—To Liverpool, ' Alexandria, Egypt, per sblp Paramita, 176. . 176 1880. 1879. 1878. Sept. 30. Total. Beceipts (cantars*)— The particulars of these shipments, arranged in our Tbis week Not received. 55,000 20,000 form, are as follows: Since Sept. 1 85,000 38,000 Liver- Bre- Ham- Vera This Since This Since pool. Havre. Rouen. men. burg. Cruz. Total. This Since New York week. Sept. 1. week. Sept. 1. week. Sept. 1. 0,299 1,460 .... 1,235 400 9,394 New Orleans . . . 3,240 6,673 1,720 796 12.421» Exports (bales)- Texas 7,048 3.570 11,218 To Liverpool.. Not re oeived. 2,710 5,606 1,000 10,000 Norfolk 6,025 6,025 To Continent 166 438 3,000 Baltimore 5,304 5,304 Boston 871 871 Total Europe 2.876 6,0441 1,000 13,000 Phlladelpbta . . . 1,206 1,206 San Francisco.. 176 ' A oantar is 98 lbs. 176 Manchesteu Market. - Total 30,769 11,703 1,720 1,233 400 796 46,623 Cotton freights the past week have been as follows: 1880. 1879. CoU'n CoU'n Satur. Mon. Tues. Wednes. Thurs. Fri. 32« Cop. lbs. 8I4 8^4 Mid. 32s Cop. lbs. Mid. Twist. Shirtings. Upld^ Twist. Shirtings. Uplds Liverpool, steam d. 14 14

Do 8ail...(i. '32 '.32 '33 ^33 d. A s. d. B. d. d, d. d. d. B. d. d. 9%®10i4 7i2®7 Havre, steam c. »16®'% July 30 6 9 613,6 834®9l4 Ii2®7 41a 6_l2 9l6®68 7i2»7 Do sail I3 I2 I3 I3 Auk. 6 o^aiois 6 9 613,6 8%a9i4 lia®7 41^ O^ij e. 12 la " 13 9183 7'2S7 9 613,^ 834®9l4 9''e Ii2a7 412 038 Bremen, steam, .c. ®ia «18 O18 »18 " 20 9i8» 6 li2®7 "18 ®18 9% 7%®7 9 8^®938 412 69,8 I2 I2 " 9>4®10 6 9 7^" Do sail c. la I3 la la 27 9 3 -37 6 6'3lo Sept. 3 9>8® 9''s (> 9 ®7 9 8783)913 ®7 6 Hamburg, steam d. % =8 =8 =8 »9 •' 9"8 878®9l3 10 9ie® 6 ®7 ®7 6 f> Do 8all...rf. I3 I2 la .. la Is J7 9%® 9''8 6 ®7 8'8®9'is ®7 6 «9,« " Amst'd'm, steam.c. SgSiiie "sai'ie '8®'ll6 Sgaiiic 24 9H-3) 9 '8 6 t» ®7 9 8%Si9i2 ®7 6 ^ssiiio Oct. 1 Notre oeived. "•"16 3 ®7 6 Do 8ail...d. ifl 13 13 ^a la * 815l6'a97i6. Baltic^team d. 38 38 3f> 38 Do sail The Exports of Cotton from New York this week sbow a e. decrease, as compared witli last .week, the total reaching 9,394 Liverpool. —By cable from Liverpool, we Uave tbe foUoc bales, against 30,043 bales last week. Below we give our usual statement of the week's ss-les. stocks, &c., at that port: table showing the exports of cotton from New York, and their direction, for each of the last four weeks; also the total exports Sept. 10. Sept. 17. Sept. 21. Oct. 1. and direccioa since Sept. 1, 1880, and in the last column the total Sales ot tbe week bales. 48,000 57,000 48,000 56.000 for the same period of the previous year. Sales American 37,500 40,500 30,500 Exports of 37,.500 Cotton (bales) fhom New York sracE Sept. 1. 1880. Of which exporters took 3.000 5,.500 4,300 5,100 Of which speculators took.. 1,270 3,100 Week ending- 2,000 4,100 Same Actual e.\port 4,200 0.900 5,200 3,000 Total period Forwarde

1880. THE CHRONICLE. 365 October 2, J

are {From the " Sew York Produce Etehatuje aotaal sales of futures at UveriKwl for the same week f^ven Weekly.") The clause, sales are ou the baals of UplauUs,;, Low Middling below. These Receipts of flour and grain at Western lake and river ports aniens otherwise stated. Satcrdat. for the week euding Sept. 25, 18S0 Delivery, d. Delivery, d. Delivery. d. Flour, ^\rheat, Corn, May-June 60g Oale, Barley, Rye, Sept 63l.i2®'5i« Nov.-Doo Ci^aa bbla. bunh. bxtsh. buth. bueh. btuh. Dec.-Jan 613 Mar.-Apr Sept. -Oct 02333 0»u At— (196 tbsA («0 «/«.) (50 /(w.) (32 UiH.) liHlbe.i (36 Uw) (ii'aa Oot.-Nov e"33 Feb.-Mar CDitcaKO 32,819 578.767 2,884, .'.5(1 773,832 163.214 83,.579 MONDAT. Milwaukee 29.308 195.222 32,870 53.9.50 228,999 90,2SO Delivery. Delivery. Toledo 420 745,481 225,320 59,393 1,566 Detirery. Detroit 8.058 215,720 2,780 6SI33 Dec. -Jan fl"* Oot.-Nov 61733 21.378 7,40 i 515 Sept Cleveland 3,143 103,000 22,000 19.200 Sept.Out 0%a2333 ,Iau.-Feb B'a May-June O's 2.500 St. Louis 40,404 420,911 113,920 158,531 170,121 O0I.-N0V 0»E8 Mar.-Apr fl^is Apr.-May 6i»3a 18.815 61*10 Peoria 2,425 29,525 200,950 400,350 22,000 55,000 Nov.-Deo CaaiOaj Bept Duluth 2,100 221,000 42,000 Tuesday. Detitei-v. Delivery. Delivery. Total 118.707 2,513,232 3.524.102 1,486.631 591.279 210.395 Sept.. ..OUSis^so.iaa's Oot.-Nor 61a Oot.-Nov eilja Same time '79. 137,849 3,713,382 1,707,073 094.911 653.790 140,123 6i»32 ...07,8aii632 8opt.-Oot. ..ua:i32?/)U,8 .May-June ._ Nov.-Deo. e2».,3 Deo.-Jan 67,8 Total receipts at same ports from Jan. 1 to Sept. 25, inclofiire Oot.-Nov 01733 I Sopt Jan.-Pcb ti'532 Scpt.-Oot 6233a Jan.-Feb 67,8 I for four years:

Feb.-Mar I 6153a Wednesday. 1880, 1879. 1878. 1877. Flour bbls. 4,448.485 4.747,288 4,118,636 3,158,146 Delivery. Delivery. I Delivery. 62532 Nov.-Deo Ol.'isa «;0.615,407 Sept 62732313,8 I Sept Wheat bosh. 53,061,840 60,079.937 29,000,718 62I32 8ept.-Oct 61ii8|9ept.-Oct Dec.-Jan 61333 ^.Ajru...... 118,275,065 73,703,930 76,284,962 63,387.02* Jaii.-Feb 67,8 Scpt.-Oot 6^ No».-I)oo 67,8 I Oats 26,398,677 23,432.700 24,094,021 17,618,690 • " 6I0; Deo.-Jan i\-,a Oct.-Nov. Mar.-Apr e^j Barley 4,289,052 4.574,357 5,510,215 4,087,475 I 6»8 Feb.-Mar 61832 I Sept.-Oot Rye 2,473,138 3,408,445 3,781,137 4,159,603 Thursday. 201,497,772 171,794,899 Delivery. Total (train.... 109,750,272 118,880,110 Delivery. Delivery. I 6i»33 Sept 65i®2.i3a Nov.-Deo eiSga Sept.-Oot Total receipts (crop movement) at the same ports from Aug. 1 ®"ioa2l32 Jan.-Feb 67,8 Feb.-Mar 67ia Sept.-Oct 639 Oot.-Nov 67jg to Sept. 25, inclusive, for four years: Friday. 1880. 1879. 1878. 1877. bbls. Delivery. Delivery. Delivery. Flour 1,079,123 1,002,349 921.977 921.304 I 6i%2 [Oct 69,8 D6c.-.Ian 638 Oct bush. 20,111,115 Oot.-Nov 67 Oot.-Nov eiSsa Jan.-Feb 638 Wheat 26,617,532 20.072.950 18,715,193 ;« I 61S32 Nov.-Deo 638 Com 27,593,817 17,924.713 23,780.810 20,750,029 Feb.-Mar I Oate 8,371,266 6,370,693 10,432,980 6,972.823 Barley 1,683,316 2,133,620 2,579,364 1,968.291 BREADSTUPPS. Rye 1,080,784 1,4»6,904 1,271,823 1,219.670 Total grain.... 58,810,297 51,543,462 6l,587,9o2 49,596,012 FRIDAY, P. M., Oct. 1, 1880. Comparative shipments of flour and grain from the same There has been a good doraand for flour throughout the ports from Jan. 1 to Sept. 25, inclusive, for four years: week, and pri"e3 have slightly improved, especially for choice 1880. No. 2, common extras from spring wheat and favorite brands Flotir bbls. 3,382,431 of the higher grades, with generally a firmer feeling, and Wheat bush. 50,926,337 Torn 100,990,744 prices showing an upward tendency. The demand has been Oats 21,293,646 Barley 2,252.163 largely for export, but the regular dealers have been free buy- Rye 2,009,695

ers. Rye flour and corn meal ruled firm. The season has Totalgraln.... 177,172,583 117,025,929 132,569,345 t»8,437,243 opened for buckwheat flour, with sales to-day at $2 75@$2 85 Rail shipments from Western lake and river ports for the weeks ended per 100 lbs. 1880. 1879. 1878. 1877. The wheat market has been very active for export, with a Week Week Week Week Sept. 25. Sept. 27. Sept. 28. Sept. 29. brisk speculation in futures, and there is some advance in prices Flour bbls. 91,703 113,893 S}2,577 l-.i8,142 on the week. The movement at the West continues to show a Wheat bush. 307,725 541,975 371,0(J1 271,437 falling off from last year, and the upward turn of prices will en- Corn 328,910 346,005 434.311 297,605 Oats 1,14'),353 310,888 351,602 391,522 courage them to persevere in this course. Besides, foreign ad- Bai-ley 108,413 222,500 138,422 143,427 Rye (i2,352 21,707 8,212 15,648 vices are better, and operators for the rise are much encouraged by the position. Yesterday new No. 2 Milwaukee spring sold Total 1,952,753 1,443,261 1,306,063 1,119,699 at $1 08 on the spot; No. 2 red winter closed at $1 09%, cash Rail and lake shipments from same ports for last four weeks : and OctoDer, $1 10% for November and |1 11% for December, TTcc^ Flour, Wheat, Corn, Oats, Barley, Bye, ending— bbls. bush. bush. and No. 1 white, $1 C8% a$l for October and $1 for bush. bush. bush. 08M 09% .Sept. 25. ..133,670 1,643,291 2,978.657 1,179.725 221,174 75,595 November. To-day there was no decided change, but some Sept. 18... 133.343 1,630,300 2,291,870 762,095 155,894 83,350 Sept. 11. ..1.34,361 1.731,200 2.404,175 822,779 74,801 123,036 variableness and irregularity, closing easiei-. Sept. 4... 134,502 1.849,543 3,310,203 993,985 58,048 111,517 Indian corn has been active, with the usual slight variations Tot., 4 wks,540,876 6,854,334 10,984,970 3.758,584 509,917 398.498 in prices, the tendency, however being slightly upward. Sup- 4Wks'79.. 575,819 11,128,003 7,627,098 1,866,557 564,307 673,733 plies, though large, show no considerable excess over last 3'ear, Receipts of flour and grain at seaboard ports for the week and the demand is active and general. Last evening No. 2 ended Sept. 25: mixed closed at 51%c. spot and October and 52M@52%c. for Flottr, WJieat, Corn, Oats, Barley, Bye, At- bbls. bush. bush. bush. bush. bush. November, with 53%c. bid and 54%c, asked for December. Of New York 98,383 1 368,200 1,947,200 360,451 73.800 137,732 Boston 180,475 147,050 other grades No. 2 white sold on the spot 94.152 3,300 3,300 1,200 at 53@53%c., showing Portland 2,500 5,800 1,500 some advance. To-day the market was stronger on the spot Montreal 20.236 290,773 406,818 3,545 "i'sa '"e'66 Philadelphia 20,898 224,650 155,300 30.060 2,000 4,500 but dull for futures. Baltimore 15,!507 568,400 106,900 40,300 4,100 New Orleans..... 103,194 71,327 17,647 Rye has been firmer and more active, the transactions em- 14,993 bracing large lines of No. 2 at 93@94c. for October delivery, Total week 260,674 2,500,583 2,879,820 007,153 79,286 148,132 Cor. week '79.... 254,628 5,137,901 1,366,677 479,210 10,998 186,802 with 9r)e. paid for November to a moderate extent. To-day And from Jan. 1 to Sept. inclusive, for four years: prime Canada on the spot sold at 90c. Oats have declined on 25, 1879. 1878. the spot, while 1880. 1877. futures have improved, thus bringing prices of F;,)ur bbls. 7,323,942 7,628,803 6,583,743 5,25.i,550 the different deliveries closer together, and to-day No. 2 mixed WTieat bush. 90.831.176 100,389,723 74.611,201 19,698.130 closed at 42c. on the spot and 33Mc. for November. Com 112.034.239 83,012,833 83,374.481 66.035,921 Oats 10,371,632 17,836,537 14,056,171 The following are closing 16,437.275 quotations: Barley 1.083,853 1,820,583 2,717,430 2,421.903 Flnnr. 1 Oram. Rye 1,508,046 3,105,982 3,660,802 1,030,714 No. 2 ^ bbl.$2 7.5® 3 .50 1 Wheats Winter suportluo 3 Total 182.402,301 803 400 1 No. 3«prlnjr, ^ bu.$l 00 8103 (fraUl.... 222,514,589 205,200,753 101,445,839 SpriuK supurtiiie 3 60 3 80, No. 2 spring 106 ®1 08 Sprinit wheat extras.. 4 009 4 35 Kod winter 102 14 Exports from United States seaboard ports and from Montreal do ®1 XX and XXX... 4 508) 6 25 Rod winter, No. 2 1 Winter OS^aal 08% for week ending Sept. 25: sUippdextras. 4 15 S> 4 40 Wliite 103 -ai 13 do XX and .50 XXX... 4 9 U 50 Corn— West, mixed 51."il -a 52 Flour, Wheal, Corn, Oats, Bi/e. Peas Patents 6 00® 8 25 WosfuNo. 2 .. 5078® Fromr- bbls. bush. bush. bush. bush. bit»h Western "rye mi.t"... 4 5 05® 25 West, yellow. .. 52 a 56 New York 103,098 1,402,592 867,701 3,137 98,593 2,270 City sliippiH'' extras. 4 10»510» 5 50j50 West, white 52 ® 54 Boston 22,750 22,006 2i5.969 20 Boutlicni, I Kilters' and Rye Portland '70 I 95 90 family brands ® 5 403 50 I Oats—Mixed 39 a 43 Montreal 6,986 196,215 258,408 87,427 Bonth'n shipy extras. 4 70* 5 20 White 40 44 Philadelphia.. 5,900 321.613 81,648 Kye nour, supertine. . 4 50a 5 00 1 Barley—Can'iida W 85 •J5 Baltimore 14,668 633,930 45.043 500 Corn iiioal- New Orleans.. 54,390 State. 4-rowed. . 84 87 1,337 89,000 Western, Ac 2 003 3 00 I State, 2-i-owed. 74 76 Brandy wine. *c. ... 3 209 3 25 1 Peas—Cau'da.b.ituu.u.ow. 81 93 Total for w'k 154.809 2,723,302.1,523,159 3,657 93,593 89.701 Buckw. a., , p. 100 lbs. 2 70® 2 1,187,695 16,124 214,092 12,463 90 I Same time '79. 129,339 4,967,774 * ......

CHRONICLE. LVoL. XXXI. 3t56 lUE Imporlatlona or Dry Good*. sapply of grain, comprising the stocks in granary The visible The importations of drygoods at this port for the week ending points of accumulation at lake and seaboard at the principal Sept. and for the corresponding weeks of was as 30, 1880, 1879 and in transit by lake, rail and canal, Sept. 25, ports, and 1878, have been as follows: follows: BirrEBED FOtt CONSUMPTION FOR THE WEEK ENDINO SEPT. 30. 1880. Wheal,"'—„^ , Corn, Oa(JJ, Jiarley, Rye. bush. bush, bush. busti. bush. In store at— 47,055 1878. 1879. 1880. Sew York 2.637,072 2,891,935 133.893 18,271 1,020,000 1.690,000 90,000 72,000 203,000 Value. Pkgs. Value. Pkas. Value. Do. afloat (est.) 62,400 PkffS. Albany 51,000 43,000 33,000 18,000 447 3,987 1,200 Mauulactures of— BulltLlo -... 80,810 996,992 226,174 1,024 365,613 175.236 71,482 108,506 Wool 578 712 277,856 Ohlcaw 1,550,871 4,552,853 Cotton 552 157,986 1,041 280,918 913 241,147 13,954 105,139 24,408 Milwaukee 153.032 8,539 Bilk 496 349,598 1,199 684,171 912 563,235 Dolath 181,000 4,500 2,904 Flax 872 186,564 1,290 270,110 916 172.931 Toledo 1,306,463 418,325 70,600 Ulsoellaneoua 409 91,254 468 125.894 604 139.790 Detroit 190.364 2,782 6,254 2,633 Oswego 40,000 90,000 140,000 Total 2.907 1,011,576 5,0.i2| 1.726,706 4,057 1,394,959 1,584 23,109 Bt Louis 1,158,091 554.796 62,803 WITBDBAWM FBOM WABEHOC8E AND TH80WN INTO IHB MABKET DUB- 39,313 259,632 45,724 Boston 3,766 INO THE SAME PEBIOD. Toronto 13.835 3.431 114.003 3,259 Montreal (15tli).. 48,562 7,732 42,827 5,537 Manufactures of— PhUadelpliia 857,000 396,800 Wool 428 156,217 390 159,464 642 247,033 20.474 166.575 196,493 3,736 106,114 Cotton 243 53,811 181 57,082 266 79,366 Peoria 3,200 Indianapolis 186,100 6,600 41,800 8Uk 98 63,798 125 86,942 269 204,642 Kansas City 165,301 36.645 -'-3,455 5,201 1,504 Flax 289 56,036 289 65,083 513 105,869 BalUraore 1,361,619 326,211 Miscellaneous 417 38,783 170 24.971 596 52.223 145,353 108,413 62,352 On rail 307,725 328,910 ] Total 1,475 368,645 1,155 393,542 2,286 689.133 Onlake(e8t.) 1,725,000 3,240,000 39,000 Ent'd for conaumpt. 2,907 1,011. 57ti 5.022 1,726,706 4.057 1.394,959 On canal (est.) .... 1 ,900,000 3,070,000 142,000 Total on market . . 4.382 1,380.221 6.177 2,120.248 6.343 2,084,092 Total Sept. 25, '80 14.994,632 19,190,808 2,105,270 816,486 691,837 627.026 ENTEEED FOB WABEH008E DURING SAME PEBIOD. Sept. 18, -80 15.419.985 17,303,970 1,484,594 524,950 11 -80 15,147,013 18,700,809 1.513.861 334,215 651.672 Sept. 573.613 Sept. 4 '80 14,715.497 19,011.298 1.625,853 264.407 Wool 232 85,328 372 135,216 285 115,014 Auk 28. '80 14.405,380 19,183,342 1,591,960 255,896 665.744 Cotton 88 20,786 183 55,909 150 57,342 818,211 Sept. 27, '79 17,180,443 11,312,110 2,277,139 1,011,936 Bilk 99 64,940 206 180,404 95 73,439 Plax 270 47,096 450 105,371 180 47,626 5IiscenaneouB 855 45,083 5.048 40,538 38 16,752 GOODS TRADE. Total 1,544 203,233 «,25a 517,438 748 310.173 THE DRY Ent'd forcensumpt. 2,907 1,011.576 5.022 1,726.706 4.057 1.394,959

Fmdat. p. M., October 1, 1880. Total at the port . . 4,451 1,274,809 11,281 2,244,144 4,8051,705, 132 Business has been quiet in most departments of the dry goods Importa or Leadlns Articles. following table, compiled from Custom House returns, trade during the past week. There was an irregular demand The shows the foreign imports of leading articles at this port since at first hands, and the jobbing trade was light as compared with January 1, 1880, and for the same period in 1879: distribution cotton goods, previous weeks. A fair aggegate of |The quantity is given In packages when not otherwise speclfled.; prints, &c., was made in relatively small parcels by manu- 1880. 1879. 1880. 1879. 1 facturers' agents, but men's wear woollens were noticeably China, .fed- Metals, Ac- China 15,946 12,096 Lead, pigs 42,507 9,976 quiet, and repeated oiferings of heavy woolens were made Earthenw . 42,205 30,729 Spelter, lbs 5.001,731 1,335,003 through the .auction rooms in order to reduce surplus stocks. Glass 540.595 1 60,994 Steel 410,295 60.894 Qlassware 40,858 36,916 Tin, boxes. 1,270,219 1,095,743 The print cloth market was excited because of a probable strike Class plate. 5,367 3,526 Tiu Bibs.,lbs 21,011,521 11,556,778 Paper Stock. 249,049 111,729 among the Fall River spinners (owing to a contemplated reduc- Buttons 10,402 7,787 Coal, tons... 47.778 44,086 Sugar, hhds. tion of wages in the early part of this months, and dealings Cocoa, bags. 33,063 21,475 tcs., & bbls. 534,884 551,353 Coffee, bags. 1,859,261 1,760,097 Sug.ar, boxes restricted the indisposition manifested by holders to were by Cotton,bales 5,292 10,190 and bags... , 2.529,706 1,190,832 622,280 name prices. Drugs, &o— Tea 648.004 Bark, Peru. 27,716 33,943 Tobacco 57,914 36,238 Domestic Cotton Goods.—The export movement in cotton Blea. powd. 24,122 14,470 Waste 987 411 Cochineal.. 3,!:03 2,974 Wines, &0.— goods has been checked to some extent by the inability of some Qambier . . 83,187 37,276 Champ'gne 81,469 manufacturers to make deliveries on time, because of the con- Gum, Arab. 5,238 4,169 baskets . 108,807 Indigo 5,966 4,480 Wines 160,513 135,685 tinued scarcity of water, which has seriously interrupted pro- Madder, &c 1,081 2,196 Wool, bales. 90,928 40,189 duction. The exports of domestics during the week ending Oil, OUve.. 39,178 37,702 Reported by Opium .. .. 1,442 852 value. $ r.^ September 28 were 1,803 packages, including 703 to Great Soda, bi-ob. 9,152 13,965, Cigars 1,121,316 933,982 Soda, gal... 46,181 42,471 Corks 95,605 55.746 Britain, 426 to U. S. of Colombia, 241 to China, 181 to Mexico, Soda, ash.. 77,394 54,756 Fancy goods 1,088,502 770,106 and a number of minor shipments. There was only a moderate Flax 5,100 2,201 Fish...... 425,148 367,912 Furs 9.973 6,917 Fruits,

Bristles . . . 2,486 1,081 Hides, undr. 17,769.732 8,390,076 well in hand as a rule, and some makes of brown sheetings, Hide8,dr'8d 6,513 4,030 Rice 256,747 251,275 34,922 drills, cotton flannels and colored cottons are sold ahead " at India rubber 50,772 Spices, Ac- Cvory 1,814 1,307 Cassia 202,911 228,407 value." Prints and ginghams have shown rather less anima- Jewelry ,

Financial. Flnfuiclal. Financial.

John F. Zebley, Jr., The Brooklyn Trust Co. Fred H. Smith, BANKER AND BROKER, Cor. of Montague A Clinton sts., Brooklyn, N. T. BANKER AND BROKKB^ This Company is authorlxed by special charter to No. 13 BROAD STREET, JJEW YORK. S BKOAD ST., NEW YORK, act as receiver, trustee, guardian, executor, or ad* Building) mlnistrator. RAILROAD SKCI;hITIB.S (DnixxL it can act as agent in the or management' of sale (An Intimate knowledge of all forthapaat 10 Tear Seenritlea. real estate, collect IntereMt or dividends, receive Dealer In InTestment registry and transfer books, or make purchase and A SPECIALTY. sale of Government and other securities. Investors Orders eMouted nt the Stock and Mining EMhanges. or Dealers wishing to bay or Mil ar» Kellglous and churituble Institutions, and persons Invited to communicate. State, Municipal an Special attention given to Defaulted Railroad and unaccustomed to the I ransactlon of business, will Railway Bends and Coupons bought and soldat b«« Kansas, Missouri, Hnd this Company a safe and convenient depository Market Kates. Municipal Securities of lUlnolB, formoney. HH'I.KV HOPES, President. Iowa and Nebraska. CHAS. H. MARVIN, Vloe-Pres't. Howard Laphlev, d. Sevmoijr Wiixaxo. and full information Bdoar M. Cui.len, Counsel. Members N. Y. Stock Correspondence ollolted TUL'steeS; Exchange. bonds and stccks. Cyrus W. Field, jr. Cvrus w. field, given on all classes of Wm. B. Kendall, Henry Sanger, Alex. McCoe, SpmteL John P. Kolfe, ('has. «..Marvin. A A. Low. Thomas Sullivan, Abm. II. llaylls. Henry K. Sheldon Sheldon & Wadsworth, H.K. Plerrepont. Dan'l Chauncey, John T. Martin, Lapsley, Field & Co., AJex. M. White, Josiah o. Low. Klnley Hopes, 10 WALI. STREET, Austin Corbln. Kon. Wm. B. Wadswobth. BANKERS AND BROKERS, At Auction. C. I. Hudson & Co., No. 37 BROAD STREET. The Undertlgned hold REGULAR AUCTION 3 EXCHANGE COURT, NEW YORK, BALES of all cUi^ses of Bu7 and sell on commission, for investment or on Oilman, Son & Co., STOCKS AND BONDS margin, all securities dealt In at the New York BANKERS, ox Stock Exchange. WEDNESDAYS AND SATURDAYS. K. R. Lkar. C. I. Hudson, T. H. Curtis. Member N. Y. Stock Exob. 63 CEDAR STREET. ADRIAN 11. MULl.ER dc SON, In addition to a General Banking Business, buy Joseph p. Lloyd. w. c. mcKean, No. 7 PINE PTP i:E1', NEW YORK. Member of N. Y. Stock Exch'ge. and sell Government Bonds and Investment Securi- ties. Lloyd Sc McKean, Coleman Benedict & Co. Francis, 84 AITAIil. STREET, NEU^ YORK. Trask & STOCK AND BOND BROKERS, BANKERS AND BROKERS, Buy and sell—on commission—Oovernment, Rail- 24 RROAD ST., NEW YORK. 70 Broadw^ar & 1 5 >e'w St., Neir York. way and Miscellaneous Securities. Receive deposits Stocks, Railroad Bonds, Governments, and all Se- subject to check, and allow interest on balances. ALSO, curities dealt in at the New York Stock Exchange Cor. Maidek Lane 4 James St., ALBANY, N. Y. bought and sold for Investment or carried on mar- gin, strictly on commission. Transact a General Banking Business. STuCKS and BONOS Bought and Sold on Con;, Members N. Y. Stock R. Prather & Co., \ Exch. H. mission, and carried on Mari^ins. jSsfMcGoverS'^J^: received and Interest Allowed. REAI. ESTATE AND INSURANCE, Deposits 86 SIXTH AVE., WEST OP KAN. AVE., E, S. Bailey, Thio. T. Sand. Max E. Sand. John Sickels. TOPEKA, KANSAS. Edward a. Petit, Member N. Y. Stock Exch. 7 FINE STREET. Loans negotiated. Collections made. Tajies paid. Dealing Municipal Securities bought and sold. Sand Brothers & Co., Insurance Stocks H. Latham & Co., BANKERS AND BROKERS, J. S4 TTall Street, New York. A SPECIALTY. INVESTMENT SECURITIES, Cash paid at oiice for the above SeomiHe;!; or STOCKS AND BONDS BOUGHT AND BOLD ON Miey wl^be sold on commissioD, at soller'a option. New York City, Ghicago, Cincinnnii, St. liouin, DUtrict ol' Cohiiiibin, aud COMMISSION. C.overuinenc SSecuritieH. FOREIGN EXCHANGE. COMMERCIAL PAPER NEOOTIATED. R. A. Lancaster & Co., 52 WILLIAM STREET. BANKERS AND BROKERS, J. H. LATHAM. F. W. PBRHT. 66 BROADWAY, NEW YORK, Daniel A. Moran, DEALERS IN A. H. Brown & Co., First-CIass Invesinient Seenritlea. 27 PINE STREET, GOVERNMENT BONDS, STATE. OTTY, COUNTY BANKERS AND BROKERS, RAILROAD A MlSCELLANKOl'S SECURITIES NEW YORK. Bought and Sold on CommlssloB. T Wall St., Cor. New, Nenr York. Virginia Tax- Receivable Conpong Bought. SOCJhEKN SECURiriKS A SPEOIALir. INVESTMENT SECURITIES. (Bomber of N. Y. Stock Exchange.) LOANS NEGOTIATED. INTEREST Allowed on Deposits. 8|)eoiat attention to business of country banks. NeKOtiates Flrst-ClacM Railroad, State, and City Ijoane. Geo. H. Prentiss, Buys and sells for cash, or on approved margin, all Securities dealt in at the Stock Exchange. 19 BROAD STREET, NEW YORK. A choice line of Investment Bonds always on band. GAS STOCKS Correspondence solicited. AND

CA^ Co. albert H. Vernam, Edward n. Bond. OAS SECURITIES, Member N. Y. Stock Exchange. BANKERS, STREET RAILROAD STOCKS AND BONDS NtO . 18 IV^AIil. STREET, New York. Vernam & Company, AND ALL KINDS OF I Transact a General Bankini? Business, Including AND RROKERS, he purchase and sale of STOCKS and BONDS for RANKERS BROOKLYN SECURITIES, atfa or on margin. No. 34 Nenr Street, Neiv York. ny and Sell InTentment Seenritlea. Stocks, Bonds and Governments Bought and Sold, DEALT IN. p. O. BOX 2,847. strictly on Commission, cither for investment or carried on margin. QUOTATIONS IN THIS PAPER. A. M. Kidder. Watland Trask. H.J. Morse SEE GAS ^~3. C. IVAECOTT &. COI^ N. T. Beers, Jr., BAN KBRS, R. tT. Kimball & Co:, No. 42 Broad Street, BROOKLYN SECURITIES, CITT BONDS, Transact a G«neral Banking Business, buy and sell BANKERS and BROKERS on commission all securities dealt in at the New York, Philadelphia and Boston Stock Exchanges, 4 ExcJuutge Co irt. New York, Ga« Stocka, dec. either for cash or on margin. Special attention given to Mining Stocks. It years ntemSerskifi in Y. K. Stock Sxckmngtk No. 1 NEW STREET, Job. c. WAI.COTT. Frank P. Dickinson, Members N. Y. Stock and Mining Exchanges. Buy and Sell in Commission, /or CasA, *» MB ' NEW YORK. MargtHt Stocks^ Bonds, and ali Invtsimoni Dodge, Potter & Co., Stturititt, in lots to tuit. D. Probst & Co., J. BANKERS Hickling Co., STOCK AND ROND BROKERS, and & No. 40 Exchange Place, New York, No. 58 KXCHANQE PLACE, NEW YORK. COTTON COMMISSION MBBCHANT8, on small margin. Options 80 S4 PINE STREET, Buy and sell Stocks Stocks, Railroad BoiTDS, OorEBKiiENTS, and days, »I00 100 shares. Speculative ncooonts opened MISCBIXAMBODS BCOOBIIUS, BOUGHT AMD 8ou> New Xorfc. with desirable parties. Call orwritefor Information. : :

THE CHRONICLE. [Vou xxai. Commercial Cards Insurance. Financial. BROWN. WALSTON H. BBOWN. VftSD. A. Brinckerhoff, Turner WalstonH. Brown &Bro. & Co., OFFICE OF THE BANKERS, ;Mane(actareri and Deainri In ATLANTIC 11 Pine Street, New York. COTTON SAILDUCK GIVEN TO THB NBGO- BPBCIAL ATTBNTION And all kind! of TIATION OF Mutual Insurance Co. DUCK, CAR COVER SECURITIES. COTTON CANVAS, FELTING BAII.ROAD ma, BAGGING, BAVEN8 DUCK, BAIL TW1NB8 '*C. ' ONTARIO ' SEAMLESS BAGS, H. L. Grant, •'AWNIKG STRIPES." Nkw York, J.inaary 24, 1880. Also, AKent< Tlie Trustees, In conformity to the Charter of N •. 145 BROADWAY, tlio Company, submit the followlBg Statement Onlted States Bnntlns Company. NEW YOUK. of its affairs on the 31st December, 1879 Colors always stocl. A fall supply all Widths and m CITY RAILROAD STOCKS & BONDS Premiums received on Marino No. 100 Dnane Street. Kisks, from Ist Januarj', BOUGHT AND SOLD, 1878, ' to 3l8t December, 1879 $3,699,006 58 paper. gee quotations of City Ballroade In this Premiums on Policies not marb- edoff 1st January, 1879 1,071,981 91

Buttrick & Elliman, Total amount of Marine Pre- BANKERS AND BROKERS, miums $3,371,048 49 No Policies have been issued Wall St, New York. N08. 37 & 39 upon Life Risks ; nor upon with Marine nONDS STOCKS and INVBSTMF.NT SECURITIES Fire disconnected BOCGHT AND SOLD uN COMMISSION. Risks. Premiums marked off from 1st 11 Old Slip, New York. January, 1879, to 31st Decem- ber, 1879 3,875,101 26 Losses paid during the same iSoodtft George A. Clark & Bro., period 1,524,331 04 Returns of Premiums and Ex- penses 840,736 77 The Company has the following Assets, viz.: & So* United States and State of New York Stock, City, Bank, and BANKERS, other Stocks $8,875,558 00 Loans secured by Stocks, and 68 Broadway, cor. Exchange Place, otherwise 1,307,900 00 BANKING BUSINESS, AJJT _ TRANSACT A GENERAL HELIX NEEDLES Real Estate and claims duo the PURCHASE AND SALE OF nil.WARD'S INCLUDING THB 400 BROADWAY, NEW YORK. Company, estimated at 500,000 00 STOCKS AND BONDS FOR CASH OR ON MAR- PAPER. Premium Notes and Bills Re- GIN. BUY AND SELL COMMERCIAL ceivable 1,522,826 35 P. O. Box 447. E.R.Mudge,Sawyer&Co Cash in Bank . 231,455 16 MCLBLLAN, JE. AGKNTS FOR D. A. BOODT. C. W CBIcopee Mfg. Co. WasUinston mils, Amount of Assete $12,437,739 51 KinBEK LKLAND. Bnrllngtnn W^ooleu Co., Total Ellerton New aillU, Six per cent Interest on the outstand- Atlantic Cotton inills certlfloates of profits wUl bo paid to the P. F. Keleher & Co., Saratoga Victory OTfg. Co., Ocean mills ing AND holders thereof, or their legal representatives, 305 OtlVE STREET, ST. tOUIS, HIo. Hosiery, Sblrts and DraTvers on and after Tuesday, the 3(1 of February next. From Various Mills. for TTirat ^lass Westcm Investment Securities NEW YORK, BOSTON, Fifty per cent of the Outstanding and States of Missouri. Kansas, 15 Gh auncky Street saTeSt Louis City 43 & 45 White Street, will be Texas Arkansas and Colorado Bonds a specialty. PHILADELPHIA, Cortlflcates of the issue of 1870, reference to same on ai>. Full Information given In J. W. DAYTON, 280 CHESTNUT STREET. redeemed and paid to the holders thereof, or Ucatlon. Coupons and dividends collected. their legal representatives, on and after Tues- Wire Rope. day, the 3d of February next, from which date Eustis Co., amount so redeemable will George & STEEL AND CHARCOAL interest on the The certlflcatea to bo produced at the IRON of superior quallt; cease. to the extent suitable for MINING AND time of payment, and canceled BROKERS, HOISTING PURPOSES paid. Inclined Planes, Transmis- A Dividend of Forty per cent is de- jslon of Power, &c. Also, on the net earned premiums of the Com- CINCINNATI, OHIO. iGalvanlzed Charcoal and clared IBB for Ships' RiKglng, Sus- pany, for the year ending 31st December, 1879, Derrick Vension BrulKCs, will bo issued on and after OF Guys, Ferry Hopes, &c. A for which certlfloates BANKING HOUSE large stock constantly od Tuesday, the 4th of May next. hand from which any de- sired lengths are eut By order of the Board, , Co., FLAT STEEL AND IROS G. W. Norton & ROPES for Mining pur- J. H. CHAPMAN, Secretary. poses manufactured to or- der. CASH CAPITAL faOO.OOO., JOHN MASON & CO., 43 Broadway, New York. I.OITISVIIiI.E, KENTUCKY, TRUSTEES:

Steamships. J. D. Jones, Horace Gray, Commercial Cards. Charles Dennis, Edmund W. Corlles, 1 O N L. Y W. n. H. Moore, John Elliott, Works a* 'EUREKA" Curtis, Alexander V. Blake, i Orient, L. I "Orient." Lewis Minturn, Direct Line to France. Charles II. EusseU, Robert B. The Atlantic & Virginia Janses Low, Charles H. Marshall, Dayid Lane, George W. Lane, Morgan, Co. Gordon W. Bumham, Edwin D. j Fertilizing GENERAL TRANSATLANTIC CO. BRANDS A. A. Raven, Robert L. Stuart, OFFER THEIR STANDARD [ TV'm. Bturgis, James G. Do Forest, and Havre. Lcmoyne, Frederick Chaunccy, AUUONIATED BOKE SUPERPHOSPHATE OP LiMB, Between New^ York Adolph Benjamin n. Field, Charles D. Loverlch, AND From Pier (new) No. 42 North River, foot of Morton « COMPLETE MANURE," street. Josiah O. Low, William Brycc, OKIUNT II. Fogg, working agent In every thriving Travelers by this line avoid both transit by Eng- WUli.om E. Dodge, WiUlam And want a good discomforts of crossing the cotton-growing county. Apply (with reference) to lish Hallway and the Royal Phelps, Peter V. King, ' Channel In a small boat. G. CRENSHAW, Pres't, Thomas B. Coddlngton, •W. FRANCE. Trudelle Wed., Oct. 6. 6:30 P. M. Thomas F. Youngs, WAllEHOnSE, CKENSnAW CANADA, Frangnel Wed., Oct. 18. 1:30 P. M. C. A. Hand, Horace K. Thurber, — Richmond, Va. LABRADOR, Sanglier Wed., Oct. 20, 6 A. M- John D. Hewlett, William Degroot, PRICE OF PASSAGE, (Including wine; William H. Webb, Henry Collins, To Havre—First cabin. »100 and »80. Steerage, L. KUicr. CUarlaa P. Burdctt, John _ j Russell & Co., China, $20, Including wine, bedding and utensils. tickets at very reduced rates. Ketura J. D. JONES, President. i COM.MISSION MEBCDANTS AND SHIP AGENTS, Checks drawn on Credit Lyonnals of Pans In Hong Kong, Cnnton, Amoy. Foochow, Shane amounts to suit. CHARLES DENNIS, Vice-President. \ liai and Uankow, Agent, H. H. MOORE, 2d Yice-Presideot. Agent la America, 8. W. POMEROT, Jr. bOVIS DE BEBIAN, W. New York Office. B9 Wall Street. Green. ' A. A. BAVEIf, Sa Yioo-Presidcnt. / Boston OlBce H Central Sibeet. 6 Bowling OCTOBEK 2. 1880.] THE OHRONICLK yU

IiMurance. Publicaiioni. Cotton. The United States 1 HE Fielding, Gwynn & Co. Life Insurance Comp'y, Financial Revitew, COTTON 261—264 Broadwaj, N. Y. FAOTOiM AHet. »4,083,X3e 81 (ANNUAL.) Sorplua, .... 872,484 U6 Am JAMES BUELI President. ISSO. COMMISSION MBRCHANTS, UBERAL AND IMPcRfANT CONCESSIONS IM LIFE INSURANCE CONTRACTS. Examine the new tprm of Policy Issued by 140 P««rl atreet, N. T. United States Life Insurance Company before A MANUA). surlnK elsewhere. After the premiums for three or more years hay FOR recelTlnj; the required notice from WALTER been paid, upon & KROHN, the assured the Company will continue the Policy In force without further payments, for Its FUliL INVESTORS AND BROKERS. FACE, for such a period as the ENTIRE RESERVE COTTON BROKERS, will carry it. Should the d ath of the Insured take place during continued of Insurance as provided for the term CONTENT S> fi3 above, the fnll face of the Policy will bo paid— ns BBAVER STREET, NEW YORK. deduction being made for foreborne or unpaid Retrospect of 18T0. premiums, excepting in the event of the deat^ mercantile Pallnrcs. occurring within three years after the origlna H. W. default. Banking and Financial — & H. Farley, :- J. The now form of Endowment Policy provides UnlteoStatos—National Bank Flffures an COTTON FACTORS, Thatir the KNTIIIK UESKKVE Is a greater sum Curroitcy Moveiiieuta. than the single premium required to carry the full COMMISSION MERCHANTS, amount of InsurHnco to the end of the endowment New York Cltj-—Bank Returns, Ac. term, the excess shall be used as a single premium London—Money Market and Bank Returns. to purchase a pure endowment, payable at the end Commercial- FINANCIAL, of the term, thus guaranteeing to tlie policy-holder States—Foreign ACENTS tn every event the full value of his Reserve. United Commeroe, Trade Balance, U. S. E.xporta Imports of 183 Pearl Street, NO SUKKK.NDKUof the Policy Is required ; only and a notice from the policy-holder, on blanks fur- LeadiuK Articles. London—Review of P. O Box 8,909. New York. nished l)y the Company. year, Bfink Returns, &o. Advances made on Conalgvments. AFTKU THUKK YEARS. AI,L RESTRICTIONS The money IHarket— Special personal attention to the purchase and sale and Ct>IVI>ITI(>NS in regard to travel, residence, of "JCONtRACTS FOK FUTUKK occupation and cause of death are removed, thus Influences, and Prices of Call Loana and DEUTKRT OF making the Policies, after three years. INCON- Commercial Paper since 1872. TESTIBLE FOR ANY CAUSE. EXCEPTING FRAUD. Gold and Stiver— HlNBT H. WABI. OILLIAT BCBBOBDIB The Company will, upon application, send Circu- Production, Exports and Tmporta of Gold lars giving full particulars. and Silver in the United States. Office of Middle Department, Boreel Building, Poreljcn Exchange- Ware Schroeder, No. 117 Broadway. N. \ .. Henry W. Baldwin. Sup'l. & Market and Prices in New York, 1870-1880 iBTestments and Speculation- COTTON COMMISSION MERCHANTS. HOME Compound Interest Table, Showing Accu- multioua of Money in a Series of "i ears. Table Showing the Rate Per Cent Realized Ill Pearl Street, New Tork. Insurance Company on Securities Purchased nt different prices' Stock Speculation in New York. OF NKW YORK, Special attention paid to the execution of orders OFFICE, 119 BROADWAY. Vnlted States Debt and Securities- Debt of the United States. for the purchase or sale of contracts for future de> FIftyPoarth Seml-annnal Statement, Prices of U. S. Bonds. 1860-1880. llrerr of cotton. Liberal adTanoes made on con gHOVriNO TBI State Debts and Securities- Bignments. CONDITION OF THE COMPANY ON THE FIRST State Debts and Immunity from Prosecution. DAY OF JULY, 1880. Prices of State Securities, 1860-1880. CASH CAPITAL $3,000,000 00 Railroads and their Securities— Dennis Perkins & Co., Reoerve for Ro-lnsurance 1,856,954 00 Railroads in the United States. Reserve for Unpaid Leases 1 66,391 83 Railroad Earnings. COTTON BROKERS, N«t Surplus 1,366,888 06 The Now York Stock Market. 1860-1880. 117 Pearl Street, New York. Prices of Railroad Bonds, 1872-1880. Orders for Spot Cotton and Futures promptly exe' Cash Assets $6,390,233 89 Prices of Railroad Stocks, 1860-1880. onted SDininARY OF ASSETS Held In the United States, available for the PAY- Price of the Revlerr, In Cloth $2 00 MENT of LOSSES by FIRE and for the proteo- Waldron & Tainter, tion of Policy-llolders of FIRE INSURANCE: To Subscribers of the Commercial 1 , -.« Cash in Banks |8«»,688 48 Joseph Gillott & Sons, New York. OIAL AND FiNAKOiAL CHBOitioui, and Other New Refer to Messrs WOODWABO & STILLKAN Yoik Houses. New York. [Ootobeb Tifi THE CHRONICLE. 2, 188a

Cotton. Cotton. Cotton. Woodward & Stillman, " COTTON BKAMBN'S BANK BUILDING, INMAN,SWANN&Co >J Ros. T4 & 76 'Wall Street, COTTON FACTS. NEW YORK. COMMISSION MERCHANTS, GIVES ftENEEAL COMMISSION MERCHANTS Cotton Ezohange Ballding, 101 Pearl Street, New Tork. COST OF- I.OANS nADB ON ACCBPTABI.B SECCRITir. LOANS MADE ON RAISING COTTON LibCMl adTaneei made od ConilcnmenU. orden Bpectal atUntlon paid to the execution of SOUTHERN SECURITIES. THE PAST SEASON, for the purohaM or tale ot contractt for future BESIDES A I. I. ESSENTIAL d«llTety of cotton. Henry Hentz & Co., Bennet & Foulke, Cotton Statistics GBNEBAIi MERCBANTS, FOR A SERIES OF YEARS. commissioN otkrchants, COniHISSIOM A21 PEARL STREET, 8 Sooth ^rUllam St., New York. NEW YORK. PRICE: Advancefl made on ConsiRnments to attention given to the execution of order Leather Covers, • 75 Cents. ineMrs. JAMES FINtAir *: CO., Special for the purchase or aale of Contract* for Future XJVBKPOOIi, LONDON AND GLASGOW. Clotb Covers, .... 50 Cents. delivery. Alio eiecnte orders for Merchandise through ineeers. FINI-AY, OTUIK & CO., Insurance. PUBLISHED AND FOR BALE BY CALCUTTA AND BOMBAY. A. B. SHEPPERSON, rUTUKK CONTRACTS FOB COTTON bon«ht LlTcrpool. 35 Beaver St., tiexv York> and sold on Commission I n New York and MTNA liXHKAH, A lUiHAM A CO., LlHMiU, DDBB A CO. New Orleans, La. Montgomery, Ala. Insurance Company A. B. Shepperson, BRO'S, PUBLISHER OF LEHMAN OF HARTFORD. TELEGRAPHIC CIPHER CODES Cotton Factors Assets July 1, 1880 $7,076,680 VOR THX for unpaid losses and AND Liabilities re-insurance fund 1,658,110 COTTON TRADE. COMSISSION mCERCBANTS, Capital 3,000,000 No. 35 BEAVER ST., NEW YORK* BXCHANGE PLACE, 40 NET SURPLUS $3,418,570 SEFSREXCES: New York. No. 3 Cortlandt St., New York. R. T. Wilson i. Co., Henry Henti & Co., HopkloA.' Exchanges In New Vrden txeeated at the Cotton Agent. Dwlght i Co., Woodward Si Stillman, New York. Cotton JAS. A. AI.EXANPER, Tork and »>iverpo*l a«d adraaces made on John Phelps & Co., New Orleans ; Moody t JemU to us, or to our corre- ftnd other produce cowlgncd •on, Galveston ; Gardner, Gates Jt Co., Mobile; N, Llrerpool, Messrs. 6. Newgass A Co. ipondenta In Liverpool A. Hardee's Son k Co., Savannah ; Walker k Tran* Son s. & and Messrs L. Rosenheim A ^^^^ bolm, Charleaton. Murdoch, Robert London & Globe B. F.BABCOCK&CO. COMMISSION MERCHANT, COMMISSION MERCHANTS, 17 Water Street, LIVERPOOIi, 111 Pearl Street, New York. Insurance Company^ Receive consignments of Cntton and other Produce* and execute orders at the Exchanges In LlverpooL Liberal adranees on consignments of Cotton for Represented In New York at tlie oMce of Bale In New York or Liverpool. Especial attention 45 William Si. BABCOCK BK0THKR8 & CO., given to Sale and Purchase of Future Contracts, 50 WiU, Stbmt. lioth In New York and LIVERPOOL, on reasonable JAKES £. PUISFOBD, Kesident Uannger and profits paid as soon as realized In either terms, HENRY W. EATON, D^uty Manager. THE BROl^N market. _^_^ WU.MOHB. H. W.HANIULIMK. CUHSN8 FlSCBXS. GEO. W. HOYT, Asst. Deputy Manager. Cotton Gin Company, Mohr, Hanemann& Co., ^EW^ LONDON, CONN., North British UANVFACXnRBRS OF THE CELEBRATED COTTON RROKERS, Brown Cotton Gins, Gin Feeders and & Mercantile Ins. Co. Condensers. OF 133 PEARI. STREET, EONDON AND EDINBVRnil. COTTON GINS FOR EXPORT. NEW YORK. United Stales Board of Management, Miscellaneous.

Special attention gWen to the execution of OB- NSW FORE : DBRS FOR FUTURE CONTRACTS. SOLON HUMPHREYS. Ch'r'n.(B. D.Morgan A Co Whiting Paper Co., DAVID DOWS, Esq. (David Dows & Co.) OBAS. V. HOHORST, JOHX K. BAKBKTT. B. P. FABBRI, Esq. (i/rexel, Morgan &Co.) HOLIiOKE, MASS. Hon. S. B. CHITTENDEN. C. F. Hohorst Co., EZRA WHITE. Esq. Bankers' Ledger anil Record Papera. & J. J. ASTOU, Esq. Machine Hnnd-Jlade Papers. COTTON Parcbineat Papers. CHAS. E. WHITE, SAM, P. BLAGDEN, Antique Plated Papers. COMMISSION MERCHANTS, MANAGERS, Bond Papers. No. 135 PBARI. STREET, Office 54 William St., New York. AGENTS: ReTw York. JAMES D. AVHITinoRE & CO., Receive Consignments of Cotton and other produce. LIBERAL ADVANCES MADE. 45 BBEKMAN street. NEW YORK. Special attention given to orders for the purchase (^ommerda/ and sale of Contracts for Future Delivery of Cotton. C. CONRAD & CO., R. M. Waters & Co., ST. EOUIS, COTTON COMMISSION MERCHANTS AND Union Ins. LyC Branches In Leadtille, Bcena Vista and Ouif- I'ol.; Dallas and Houston, Tex. BANKERS, msoK City. Sole Proprietors of the ** Orieiual Budweiser." {flF L 0:7DON), S4 BROAD STREET, NEW YORK. Trademark registered in 18; 7. Special attention given to Investment securities BVDWEISER LAGEUBEER, ALFRED PELL, liV BOTTLES, Geo. Copeland & Co., Resident Manage- made from Imported Saazer Hops and choice Bohemian Barley, universally acknowledged the COTTON BIJOKERS, best and healthiest Beer in the world. Warranted to keep in all climates. Agents wanted in all towns. 138 PEARL STREET, NEW YORK. 3r & 39 Wall Stre^ Ask your Grocer for Conrad'a BudweUer,