: kmm HUNT'S MERCHANTS' MAGAZINE,
KKPRESENTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES'
VOL. 33. NEW YORK, NOVEMBER 6. 1881. NO. 864.
Ftnancial. Financial. Financial. John Pokdir. EotrABD Mkbtins. ado. Nathan. R. Kimball & Co., Pondir & Co., J. Phelps, Stokes & Co., BANKERS AND BROKKR.>«, stocks. Bonds & Inrestment Securities, No. 36 Nassau Street, New York. I. N. PHKI.PS. JAMBS ^TOKKa, 30 EXCHANGE PLACE, NEW YORK. Thirteen Years' Membership in New York Stock I'UKI.PS 8TOKR8, BAi^a.I.n.a,BAVWRU ExohanKe. ANSON Orders executed on the London and European C P. 01.COTT. Markeu. R. J. BUHBAUs a. B. LotntSBBBT. F. B. BALLABD 46 4c 47 Wall Street, New York, Member* of N. Y. Stock Exchanxe. 1 S S U K H. Latham & Co., TRAVBLEHS' CREDITS, J. Hatch & Foote, HMVESTMENT SECURITIES, CIRCULAR NOTES, BANKERS, No. li WALL STREET, New York City, Chlcaaro, Cincinnati. St COBinERClAL CREDITS. Louie, District of Colainbla, and Birr AVD BILL Government Hecurttlen. LONDON C011RK8P0NDENT3 OOYEBNMBNT BONDS. STOCKS AND MI8CML. FOREIGN EXCHANGE LANEOD8 SRCURITIB8. The U>loa Bank of Loadon. Messrs. C J Hunliro * 80D. 2 WALL STB££r. J. H. Latbah. F. W. Pirbt. W. A. Anderson, Banque GWynne & Day, BROKER, Dealer In Money, S locks and Bonds, rEstsbUslied 1854.] No. 46 Wall Street Centrale Anversoise, MOBILE, AL.A. Transact a Keueral banklnK and brokerage busi- ness In Railway Shares and Bonds and QoTemment Special attention given to purchase and sale of Alabama State and Mobile City Bonds. Antwerp. seoarltles. Interest allowed on deposits. WH. L. FBEKSE, WM. P. SMITH, Inrestments carefully attended to. Memoers of New York Stock Exchange. PaldCp Capital, - • 9,000,000 Franes. Breese & Smith, BOARD OF DISBOTOSa C. E. Jackson & Co., Fklix Grisar, President. BROKERS, ALrBiu MAyi'i.VAV (Uraff & Maqulnar}< Vlce-Pree jniDDLBTOlVN, GONNm Ne. -.19 BROAD STREET, NEW YORK. J. B. Von DEii BECKC (Vou der uecke It MarellT). and sell 9tate. Manlcipal OTTO GUNTUBR(CorneUle-U»Tld). Bay GoTernment, and Qovemment Bonds. Stocks and all Inveetmeat Kmilk lie Uuttal. Batlroad Bonds and Stocks. Inrestments for Bar- Senurltles bought and sold on commission. Aj>. Frank (Frank. Model & Cle.> NUTTKUUUM (Noltebohm »ere8). Aco. Ingfl Banks a spedaltj. Correspondence solicited. Ftu Dhanim (Michlels Loos). I JOH. Dan. Flhkmann. Jr. (Joh.Dan. Fuhrmann.) C. Hudson & Co., Lons WEBEBiKd. Weber A k le.) 3 EXCHANGE COURT, NEW YORK, JCLC8 Kal'tknsiraucu (O. Schmld A Cle.) Car Trust Bonds. Branch OfBce and Private Wire TRANSACTS A MAKB at the "CCHBERLAND," Broadway and 22d Street. WB A SPBCIALTT OF THBSB VERY Buy and sell on commission, for investment or on SAFE SBCCRITIBS.ANO BUY AND SELL SAMK marKln. all securities dealt In at the New York GENERAL BANKING BUSINESS. AT MARKET PRICE. Stock ExchanKC. WB OFFER A LIMITED AMOUNT OF DESIR- R. R. Liar C. I. Hitdson, T. H Citbtu. ASA P. POTTCR. Prest. J. J. BDDT, Cashier. Member N.Y. Exob. ABLE CAR TRUST ISSUES, ADDITIONALLV Stock National Bank, 8BCLRBO BY THE DIRECT OBLIGATION OF Maverick THE RAILWAY EQUIPMENT COMPANY. Oilman, Son & Co., BOSTON, CLARK, POST~ A MARTIK, BANKERS, CAPITAL, »400,000 «3 CEDAR STREET. SURPLUS, 400,000 34 PINE STREET. In addition to a Genera] Banking BnslneBB,bri Aocoonts of Banks and Bankers solicited. Collections mane upon favorable terms. Lummis & Day, and sell Oovemment Bonds and Investment ?ecan. Strictly flrBt-ctass Investment Securities Nego- ties. Noa. 84 and 3S DREXEL BULLDWa, Cor. WALL LIWU H. TATLOR, JB. LINDLIY HAINI8 and BROAD STREETS, BANKERS AND STOCK BROKERS. Lansdale Boardman, L. H. Taylor Co., WlIXIAH LUMUia, HKSRT DAT. STOCK BROKER, & Members of New York Stoek EzobanK*. No. S9 BROADWAY, Roome 37 dc 3.H. Bankers and BroKers, Bbanch Orrici, Tboy, N. Y., 140 SOUTH THIRD 8TBEBT» Taintor & Holt, Connected by Private Wire. FHILADBLPHIA. ALL seonrltleb dealt In at the New York Steak Uepoftiu recelve
u THE CHKONJ(LE [Tol.. XXXIII.
Foreign Exchange. Forelgfu Exctaauge. Foreign Exchange. Drexel, Morgan & Co., August Belmont ik Co., J. H. GOADBY & B. E. WALKER, WALL STRBBT, BANKERS, JOINT AGENTS Canadian Banl< of Commerce, CORNER OP BROAD, NEW YORK. Nob. 19 dc 21 Nassau Street, 16 EXCHANGE PLACE, Issue Travelers' Credits, available In all parts of the Erexel Co., Drexel, Harjes & C« & world, through the BUY AND SELL STERLING EXCHANGE, CABLE TRANSFERS, ETC. >i-. 34 SotiTH THlED St. 31 Boulevard Haossman^ MESSRS. DE ROTHSCHII.D ISSUE COMMERCIAL CREDITS, AVAILABLE IN ALL PARTS OF THE PtalladeJpbla. Paris. aod their correspondents. WORLD. DOMESTIC AND FOREIGN BANKERS. Also Commercial Credits and Transfers of Money on Foreign Banlters. Deposila received subject to Draft. Secunt'.es. Gola, California, Europe and Havana. 4c., Dought andeold on Commission. Interest allowec on Deposits. Foreign Exchange. Commercial Credits Cable Transfers. Circular Letters for Tra^alen, Nederlandsche Available in all parts of the world. Morton, Bliss & Co., Attoe-nbts akd Asints or 23 NASSAU ST., COR. OF CEDAR, Handel-Maatschappijj inessrs. J. S. inORRAN & CO., NEW YORK. The No. 88 OLD BROAD ST., LONDON Metherland Trading Society Issue Circular Notes and Letters of Credit for OF HO I. I. AN B, Travelers ; also, Commercial Credits, available in aU Brown Brothers & Co., parts of the world. Negotiate first-class Railway, BSTABLI8KD 1824. No. fi9 DTA!.!. SX., N. V., City and State Loans; malce tftiegraphtc transfers Paid-up Capital, 36,000,000 Florins. BPY AND SKLL of money and draw Exchange on ($1 4,400,000, Gold.) MORTON, ROSE & CO., LONDON. Execute orders lor the purchase or sale of Merchan- BIL.L,$ OF KXCHANOE dlse. Bonds, Stocks, and other securities. In the HOTTINGUER & CO., - - ON GREAT BRITAIN AND IRELAND, FRANCE, („.„,„PAB18. United States, Europe and the East ; make ColIectlonB, GBRMA2?Y, BELGIUM AND HOLLAND. CREDIT LYONNAIS i buy and sell Foreign Exchange, and give advances upon Merchandise for Export. AMSTERDAMSCHE BANK, - - AMSTERDAM. Isgne Commercial and Trayelers' Credits OLIVER S. CARTER, 1 AgenM IN SJERLINO, STANTON BLAKE, 5 for HENRY E. HAVVLUY. ) Ameilc. ATAILABLE IN ANY PART OF THE WORLD. New York, January 1, 1879. And in Francs, in Martinique and Guadaloupe. RIAKE TELEGRAPHIC TRANSFERS Office, 142 Pearl Street, New York. OF MONEY Jesup, Paton & Co., Between this and other countries, through London Boissevain and Paris BANKERS, Adolph & Co. ICake OoUections of Drafts drawn abroad on all 53 William Street, New VorK. points in the United States and Canada, and BANKERS of Drafts drawn in the United States AND on Foreign Countries. Accounts and Agency of Banks, Corporations, C o ITf n I!«MI ON nERCHANTS, arms and individuals received upon favorable terms. "S. G. & G. C. Ward7 Dividends and interest collected and remitted. AMSTERDAM, HOLLAND Act as agents for corporations in paying coupons AeSNTS FOB and dividends'; also as transfer agents. N. Y. Correspondents—Messrs. Blake Bros. * Oo. BARING BROTHERS Ic COISPANV, Bonds, stocks and securities bought and sold on 63 WALL STREET. NEW YORK, commission. Sound railroad and municipal bonds negotiated. Hong Kong & Shanghai 38 STATE STREET, BOSTON. Sterling exchange bought and sold. Brafts on BANKING CORPORATION. Union Bank of London. CAPITAL (paid-up) $5,000,000 &W. Seligman& Co., RESERVE FUND 1,900,000 J. BEAD OFFICE, BONO KONO. Kidder, Peabody & Co., The Corporation grant Drafts, issue Letters of BANKERS, Credit for use of Travelers, and negotiate or collect Bills payable at Bombay, Calcutta, Singapore. Saigon No. 94 BROADTVAi^, BOSTON, MASS., Manila, Hong Kong, Foochow, Amoy, Nlngpo. Shanghai, Hankow, Yokohama, Hiogo, San Francis- NEW YORK. Cor. Wall and Nassau Sts., New York. CO and London. A. m. TOWNSEND, Agent, 47 William St. Issne Letters of Credit for Trarelers, FOREIGN BANKERS. Payable n any part of Europe, Asia, Africa, Ans- tralta and America. CABLE TRANSFERS, BILLS OF EXCHANGE Nederlandsch Indische Draw Bills of Exchange and make telegraphic AND transfers of money on Europe and California. COMHEKCIAL AND TSAVELBBS' 0BBD1T8. Handelsbank, AinSTERDAin, HOLIiAND. John Munroe & Co., CORRESPONDENTS : BgTABLISHED IN 1883. 8 Wall Street, <& No. New York, BARING BROTHERS CO., London. Pald'Up Capital, 12,000,000 Gnlldem, No. 4 Post Office Square, Boston. PERIER FRERES <& CO., Farts. ($4,800,000 Gold.) CHEQUES AND CABLE TRANSFERS ON MENDELSSOHN &. CO., Berlin. HEAD OFFICE IN AMSTERDAM. niVNROE & CO., PARIS. Agencies ii> Batavia, Soerabaya and Samaranu Correspondents in Padane. BTKRLINe CHEQUES AND BILLS AT SIXTY NEW YORK LONDON: William Heath, issue commercial credits, make advances on ship DATS' SIGHT ON CHAKLKS B. QniNOET. Wm. R088BLL Wise' ments of staple merchandise, and transact other ALEXANDERS ic CO., LONDON. business of a financial character In connection with William Heath & Co., the trade with the Dutch East Indies. OrBCiri.A.B NoTxs urn CBxnrrs foe Tbatbijibb. BANKERS, BliAKE BROTHERS & CO., & Stuart & Co., 10 Auj^el Court, liODdon, England. Agents pok North America, J. J. Draw BillB of Exchange and transact a general 18 wall street, new york. 33 NASSAU STREET. financial commission business. Particolar atteniton m state street, boston given to American Securities. BILLS OF EXCHANGE ON SRIITH, PAYNE tc SmiTH'S, Canadian Banlierg. BANKERS, LONDON William ; Heath & Co., lUANCHESTER agenct of the & COUNTY BANK, BANEBRS BROKERS, "LIMITE]!);" AND 61 MANCHESTER, PAYABLE IN BROADWAY, NEW YORK. LONDON ; Ba N K Mkmbebs of New Yobk Stock ExoBANes, ULSTER BANKINO COMPANY, OF BELFAST, IRELAND Ain> 0» THE Knoblauch British North America, NATIONAL BANK OF SCOTLAND, EDINBURG, AND BRANCHES; & Lichtenstein, No. 62 WAIil. STREET. AI/SO. Exchange and Cable Trans- CABLE TRANSFERS AND LETTERS OF CREDIT BANKERS, Buy and sell Sterling Issne demand drafts on Scotland and Ireland 29 tVllIlam St., cor. Excbanee Place, fers. John 8. Eemnxdt. J. Canada, British Columbia, Portland, Oregon, KENNEDY TOD. NEW YORK. also on Ban FrancUoo and Chicago. Make Telegraphic Money Transfers. Bills collected and other banking business trans- S. Kennedy & Co., Draw Bills of Exchange and Issue Letters of J. acted, p. A. MoTAVlSH. {Agents.I .„.„,, Credit on all principal cities of Europe. W. LAWSON No. 63 WILLIAM STREET, SPECIAL PARTNER, DEUTSCHE BANK, Berlin. New York. Gzowski & Buchan, BUY AND BELL HilmerSjMcGowan & Co Bankbrs and Stock Broeebs, RAILROAD INTE8TUSNT SEOURITIESi BROKERS IN toronto, ..--.--- canada. COtLECT CeVPONS ANB DmDENDB Collection of Commer- SEQOTIATE LOANS AND DRAW BILLS OF Foreign Exchange, Stocks and Bonds, Prompt attention given to cial Bills and Canadian Funds on all points In Cana- HXCHANGB ON LONDON 63 WaU street, Nevv York. da; American and Sterling Exchange, and Stocks, Bonds, etc., bought and sold. All business „ ,. „ _ _ relating to the Coastmctlon and Special attention paid to orders at the New York Correspondents—Bank of New York, New York Bqalpmmt of Balilrgwl* luaertakSB. Stock Uxohange and New York tuning Board. and AJIlauoe Bank, LoodoB J :
NOTBUSBR 5, 1881. THE CHRONICLE. Canadian Banker*. Weatem Bankers. nnanetal. Bank of Montreal. A. Prescott & Co., FIOELITT QUASANTEB B0ND8 BANKERS, AKB ISaUMD BY Tlia CAPITAL, • • $ia,ooit,ooo, uoid. «»»"»' MO.OOO FIDELITY dt CASUALTY CO. NVJRFLI/N, • fi,000,OUO, Oold. TOPBKA, KANSAS. Municipal Bonds and Mortunge Loans Negotiated. Ebiht per cent Farm MortnaHes a A^.St?.':'.'^.:,-.-.-.:;-.-.-.-.".;. C. F. 8MITHKKH, PoMiiaent. speolaltr. A Depoyit ^iSfi'"•"""' ijKNKftAl. BANKING BIWINI.SS TRANbAWBD. with New York ImanuM' iiil Collections G*rtiiieDt, u. 8. W. J. BUCHANAN, Oenoral Miinagor. and correspondence receive prompt at- OoTemmenl Bonds.... 100,000 00 Bonds luned gwutM na the Bdellty of h perrcB* COBaisPONDINTS.- Boston. National ling posltlonj of pecnnRiry trust ud rMpooil. Rank of bilityI also HKW YORK OfFJCfJ, North Ainerica; New \ork. ; guardian's bonds In Sorrogatea' American KichanKo Indeninltv CoarUs National Bank and Ninth T>onds to SherHTIi. and caanntee all No*. SB *t «l WALL. .STHEKT. National Hank: ChlcaiTo bonds and PreatOD. Kean 4 Co.: 8t. Louis. Third Natlona undertakings required by The ooarUot Wai.tib I this stale In olvll Watson. . „„,. '^"•""^^ "" "«-- actions and prooeeSlnm. gSTti-'kirnri^&n'lt'"^''^ ..1 i?'i'.f'''''!£*"0" "<"»''>•'*'«'"•«" "Wbe Ob- talnad at the ottoe of the compwy. 187 Broedvay. Buj and aell Sterllnn Kxohaiute, Frsnu and Cable WM. II. BioaABDS, Preet. Jqbi« M. Cbami, geo'y. TruiiDfers ; tfrant Commercial and Travelers Credits DmaoTOBs-Oeorge Jarvis, Conklin & Co., T. Hope, O. O, WUIIams, J. S. aruilablelnanr part of the world: laiwe draft* on A. B. Barnes, II. A. Hurlbnt, w. and make ooUectlona In Chicago and tbrouvhoat LOAN BROKEE8, Lyman Brhnn, W. "• "• Chittenden, KANBAH CITY, miSMOlIRI. Coe.RJ^iS- ^*'£"S' P*""''. Oeorm g. •he Dominion of Canada. Wa. M. Bleharde . Coui<»Bi/-Moore ALow. WESTERN FARM MORTOAOKrt, YIBLDINO AND N 1-HR CENT. A HI'i56lAl,TY. London OOIce, No. 9 BIrcbIn Lane. Negotiate School District, Township, City and Bonds of Suretysliip Cannty Bonds. Write for circulars, blanks and eferencos. FOR Merchants' Bank EMPLOYEES, & ALL OTHER KINDS OF GBO. A. Lkwis, Pres't. A. I,. Schmidt, Caahler OP eUABANTEE BONDS. CANADA. THB First Capital, - - - 8.5,600,000 Paid Up. National Bank, Guarantee Comply President, the Hon. JOHN HAMILTON. U. 8. DEPOSITORY, Vice-President, .loll.v .\lcl.li:.NHAN, B80 OF NORTH AMERICA, HEAD OPKICK, MONTREAL. LOUISTILLE, KENTUCKY. No. 47 WILLIARI 8TKBBT. UKOKtiK UAUUR. General ManaKer. All Jadgea and officials In this State are now. law br WM. J. 1J40KAM, Asst. Qeneral Manaftei Special attention given to colleotlona. Proceeds authurlied to accept the bonds of this compMiy In lieu of tiuUHduol bonds In actions and proceed-~w.~ BANKERS: promptly remitted at best rates. Accounts of ings at law. Cash capital paid up LONDON, KNO.-The Clydesdale Banklnu -.trO.OOO Comp'j Banks and Bankers solicited. Cash assets over .3*20 NBW VOllK-The Bank of New York. N. B. A. IHUI Deposited at Albany in U. S. Bonds iuo.OOO The New York AKency buys and sells SterlinK Bx- ohanKe, Cable Transfers, Issues Credits available in V. NHW TnnK DIHECTOltS: all parts of the wurUl, makes collections in Canada John Hogan & Co., J. n. » KK.^III.YE, I'resl.Merchnnts' Nat. Bank. and elsewhere, and Issues Drnfts payable at any of ''ri'»'- .^Iccluinics' Nat. Bank. 113 No Third Street, St. Hv.'.V..';'!,*''.'*'"*^'' the offices of the bank in (^anada. Demand Drafts LoHia, Mo,, ROHEItT n. .IIINTI UN, .Messrs. Grinnell, Min- Issued payable turn .^ In Scotland and Ireland, and every BKAXEBS IN Co. description of foreign banking business undertaken, A. L. HOPKINS, Vice-President Wabaah St. NeMT York Ageuojr, 48 Kx ckauge-place. Western and Southwestern Municipal and Railroad »«k'!S'?.''^ Jllfl?" Railroad Company. Bonds or Stocks. JOHN PATON, Messrs. Jesup, Paton A Co. 1*BNKY HAGUE ) . „, ^Kenti. Defaulted bonds specialty. W. H. DYCKMAN. JOHN B. HARRIS JK., ( a Choice Investment Secrewrr. Chlcaco securities always for sale. Write to us before yo Branch, 138 Waahinitton Street. buy or sell any Illinois. Missouri or Kansas bonds. ARTHUR WKKSON, Mana«er. The Brooklyn Trust Co. Imperial Bank of Canada P. F. Keleher sTCoiT Cor.of Montague A Clinton sts.,Brooklm, N. T. Capital, $1,000,000. This Company Is authorised by special charter to 305 OLIVE STBEET, ST. LOITIS, Mo. 5P0elver, trustee, . ."^ guardian, executor, or ad- H. 8. HOWLAND, Prea't D. B. WLLKIB, Cashier nunistrator. First-class Western Investment Securities for It can act as agent UEAD OFFICE, TORONTO. ale. St. Louis City and States of Missouri, Kansas. In the sale or management of Texas, Arkansas and Colorado real estate, collect Interest or dividends, receive BRANCHES; Bond^ a specialty. registry Full Information given in and transfer books, or make purchase and St. Catharines, Port Colborne, reference to same on ar. sale St. Thomas, Ingersoll, llcation. Coupons and dividends of Oovemment and other securities. Welland, Fergus, Woodstock, collected. Kellglous Winnipeg, Man. . and charitable Institutions, and penon* unaccustomed Dealers in American Currency & Sterling Bxchange. to the transaction of business, will Leonard Matthxws. EnwARns Whitakeb, Hnd this Company a safe and convenient depositorr Agents in London : I Agents In New York: Member N. Y. Stock Ezch. for money. BIPLEV KOI'KS, President. BosA.NgiET. Sai,t4Co., Bank op Montkkal, CHAS. R. MARVIN. Vice-Preat. Ti Lombard Street. | SB Wall Street. Matthews & Whitaker, TRUSTEES Promptest attention paid to collections payable In Wm. B. Kendall, Henry Sanger, any part <>f Canada. ST. LOUIS, MO., Alex. McCue, Approved John P. Rolfe, Chaa. R.Marvin. A. A. Low. c'anadian business paper, payable In BROKERS AND DEALERS IN Knowlton, gold or lurrcncy. discounted at the Head olHce on R- £• Abm. B. Baylls, Henry K. Sheldon. reasonable terms, and proceeds State, City, County and R.R. Bonds dc Stocks, U. K. Plerrepont, Dan'l Chauncey. John T. .Martin, remitted to any Alex. M. White, Josiah Low, part of .he United .States by draft on New York. Orders receive prompt O. Ripley Ropes, and personal attention. Austin Corbin. Edmund W. Corlles. Correspondents, Messrs. Maxwell & Graves. New WM. R. BUNKER, SeoretaiT. York City, and Messrs. Blake Brothers 4 Co., New CHliloriiiH Banks. York and Boston. JOSSPH P. IiLOTD. W. C. MCKKAK Member of N. T. Stock Kxcb'se The Nevada Bank Financial. OF Lloyd & McKean, SAN FRANCISCO. R. T. Wilson Co., 34 WALL STREET, NEW TORK. New York Agency, 62 Wall St. & BANKERS AND COMMISSION MERCHANTS Buy and sell—on commission—Oovemment, Rail SURPLUS, invested" IN U. 8. BONDS 2 Bxcltanse Conrt, way and MtsoelUneous Securities. Receive depoelt* 84,000,000 New York. GOLD. subject to check, and allow Interest on h«i»7,^m GBOROE L. HRANDER, Agent. American Cable Con. ISSUES Commercial and Travelers' Credits, avail- able in any part of the world. Draws Exchange, Continental Con. WM. C. NOYES, roreign and Inland, and makes Transfers of Money by Telegraph and Cable. ~ Mexican National Sub. 31 NASSAU STREET, NBUr VORK, THB Mutual Union Sub. DKAUtB I!f Anglo-Californian Bank North River Con. GAS STOCKS A.%D BO.^DS, (I.IMITUD). Oreg;on ImproTement. TELEGRAPH STOCKS, LONUw^, Hcadomce, i Angel Cona. Oregon TRUST COBIPANT8' STOCKS. SAN PRANCIkCW Office. 4*i California 81. Tranecontinental. IV EW YORK Agents, J. A W. .Seligman & Co. Citj and other Railroad Stocks & Bonds BOSTON Ohio Central Sub. Corrcspoud'ts, Maesaohiuetts N. B'k. AND Authorized Capital, - . «ie,OUU,0OU. D. A EASTON, MISCKLLANEOUS SBCDRITISS. Paid op ai2d Reserve, - 1,700,UOO. NO. 58 BROADWAY. Transact a general banking business. Issue Com. merclal N. T. Beers, credlu and Bills of Bxchange, available In Jr., all paru of the world. Collections and orders for Bonds, Stocks, etc., executed upon the most favor INVESTMENT SECURITIES. Brooklyn Sccarilies, Ciljr Bonds. ableterms. KBKD'K K. LOW 10" w THE CHRONIC ^LE. [Vol. XXXm Financial. Financial. Financial. SOrTH PAKK BONDS, CHICAGO. Albert E. Hachfield, AMERICAN TO WHOM IT MAT CONCERN ; 17 NASSAU STREET, Take notice that the follnwliie immbers of South FINANCE COMP'Y, Park Bunds have been selected and retired by the with law. South Para I ommissloners.ln conformity Deals In InTeatment Securities and annmil sirklng fund, viz.: ^u™.°ei' B' *?• 5 & r NASSAU 8T., NEW YORK, forthe Wt, W 60 61 117 as 91, l\ 137, 143, 1J5, 196, 22«, Bonds (Generally. 434 LIBRARY ST., PHILADELPHIA, 229, 248, 249, 2.M. 263, 265, 2T3 284. 2<5, 289. 561. Ml, 573 6-.^ 6M. "(i9, 685, 69t, 718. 785, 816, 848 870 881. PORTLAND BLOCK, CHICACJO. 972. 1016. 106O. 1077, 1080. 897, 905, 928! 944 9«3, 969, WANTED : 1085, 1002, 109U, 1126, 1147, 1151, 1170. Interest will cease on afuresala bonds on and after the flret day Indianapolis & St. Louis Ists. Capital Stock, ~^- - « 1,000,000 of January, IfSa, Principal of retired bonds PMa- Columbus St Toledo Ists. ble on and alter said date nt the American Jiac- SOUND INVESTMENT SBCURITIK8 furnished Bank^Ne^ Y.>rk^ Otj^ Joliet & Northern Ists. change Natio.al to Corporate and Private Investors. Cincinnati Richmond & Fort Wayne Stock. Secretary South Park Commission. CAPITAL FURNISHED OR PROCURED for Cincinnati Hamilton Dayton Bonds & Railroad Companies having lines under construe^ tlon, and their Bonds purchased or neKOtlated. Nbw York Citt, Nov. 1, 1881. Pennsylvania RR. Co., FINANCIAL NEGOTIATIONS conducted for I N VIEW OF THE PROPOSED RETIRE- States. Counties. Towns and Cities, and for Railroad TRBASUKER'S DEPARTMENT. -^MENT from active business of some members of Companies and other Corporations. the firm of K. W. CLARK 4 CO., the partnership WILL CONDUCT TUB FINANCIAL RE-OR- PHII*ADBI.PnLA, Nov. 1. 1881, heretofore existing under the Urm name of GANIZATION of Railroad Compan'es and other this day declared a The Board of Itirectors have CLARK, POST i MARTIN, bankers and railway Corporations whose property Is in the bands of on Seml-Anna&l Dividend of FOUR PER CHNT commission merchants, is this day d ssolved by Receivers or Trustees. the Capital Stock of the Company, clear of all mutual consent. WILL BUY AND SELL INTBSTMENT SECUR- taxes, payable In cash on and after November 30. Each partner is authorised to sign the firm name ITIES on Commission. to stockholders as registered on the books at In liquidation. K. W. CLARK & CO. WILL BUY OR SELL DEFAULTED BONDS or 8P.M. October 81. H. A. V. POST. convert them into interest-paying investments. On Niivember 30 dividends will be paid to women ARCHER N. MARTIN. Circulars and other information furnished on ap- only; after that date they must await their turn plication. with other stockholders. JOHN C. SHORT, President. D. TAYLOR. JOHN Post, Martin & Co., JOHN C. NEW. Vice-President. Treasurer, Win. P. WATSON, Sec'y and Treas. p. O. BOX 2,909. 34 PINE STREET. EVANSVILilrE & TERRE HAUTE RAIL* YORK CITY, November 1. 1881. ROAD COMPANY. 24 PINK ST.. NEW YORK, NEW C. Chew, to state that wo have succeeded to the October 25. 1881.—The Board of Directors have de- We beg J. POST MARTIN, and have STREET, YORK. dared a semi-annual dividend of TWO (2) PER business of CLARK. 4 No. 7 WALL NEW CBNT, payable to shareholders of record Novem- established the Urm of POST, MARTIN & CO. for TEXAS RAILWAYS. transaction of a BANKING AND GENERAL ber 6, at the Farmers' Loan * Trust Co., No. 26 Ex- the BONDS, LANDS, &c. BUSINESS, in change Place. New York. November 15 The trans- RAILWAY COMMISSION which Deslrahle Texas Securities *or Investment ct,r- had large experience. hanf- fer books will close Nov. 6 and reopen Nov. 20. we have Btantly on _^^ V. F. H. STORY. Secretary P. T. H. A. POST. ARCHER N. MARTIN. T. S. STANTON, LAKE SHORE & MICHIGAN CHARLES C. POMKROY. THElSOUTHEKN RAILWAV COMPANV. DEALER IN TRBASTUIER'S iJFPICE. GRA.ND CENTRAL American Cable Construction Company, York. Sept. 27, 1881 W .4 N T E D Dep"T. New Continental Construction and Improvement C».. The Board of Directors of this Company have1sthlithis TO PURCHASE ALL CLASSES OF BONDS day declared a quarterly div.dend of TWO PER North River Construction Company, OF THE CENT upon Its capital stock, payableon TUESDA > Ohio Central Subscriptions, the FIRST dayof NOVEMBKUnext, at this office. cities of Pittsburg and Alleshpny, Pa., and Subscriptions. The Transfer Hooks will be closed at 3 o'clock County of Allegheny, Pa. Oregon Short Line P.M. on Saturday, the first day ot Octob**r next, Bast Tennessee Virginia & Georgia Subscriptions will re-opened on the morning of B. CO., Brokers, and be Friday, GEO. HILL & York, Chicago & St. Louis Subscription, and the fourth day of November next. New E. D. WORCKaTER, Treasurer. PITTSBURG, PA. all other quotable Construction Stocks. IT NASSAU STREET, PACIFIC RAILWAY IMPROVEMENT BASEMENT. cCOMPANY.— — Kountze Brothers, ClBCULAR N REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES. {Entered, according to act of CoiiKresa, In the year 1881, by Wh. B. Dama A Co., In tlie «fflc« of the Librarian of CongrcM, Waablngton, D. C.| VOL. 33. SATURDAY, NOVEMBER 5, 1881. NO 854. CONTENTS. event evidently need modifying, for they are too sweeping THE CHBONICX£. and liable to do harm. Bank Failuren and Bank Man- The Debt Statement for No-' First aKcmenC 479 vembcr, 1881 486 among these, we would mention the conclusion Our D*tit and Our Revenue . . . Imports and Exports for Sept., 480 jumped at quite generally, that all banks are to the same The Flnanuial Hitnatlon 491 and for the Nine and Twelve Our KorpiL'ii Commerce 482 .Montks Ended Sejit. 30, 1881 487 extent exposed to the same experience. This would be very Cotton Consumption and Over- U.S. Treasury Statement 487 land Movement to Nov. 1 481 Monctnrr and Conunercial startling and disquieting to investors if true, but it is abso- Financial Review of October.. 485 EnRllanNews 488 Commercial and Hisoellaneona lutely the reverse of the truth. We assert positively that no News 490 THE BANKERS' GAZETTE. oflBcer of any of our large New York City banks could thus Monfy Market, Foreign Ex- Railroad Earnings and Bank extract its securities if he desired. "What made it possible in change. U.S. Securities, State Returns 493 and Railroivd Bonds and General Quotations of Stocks the Newark case, is the peculiarity in the management of Stocks 491 andBonds 491 Ranjte in Prices at the N. Y. luvesttnents, and State, City most suburban institutions growing out of their situation. Stock Exchange 492 and Corporation Finances... 501 Their discount business Is in general done in New York, THE COMMERCIAL TIMES. for there is very little local demand of the kind they c^an Oommerolal Epitome 503 I Breadstufls 508 Cotton 503 I Dry Goods 509 accept. They receive deposits from the neighborhood, but the chief or working officer finds use for them here. Hence, the President or Cashier—whichever is the active Tint CoKMKBOAL Asv PiSAHcuL CHRONICLE is Utued every Satur- man—has the handling of all the securities, buys them, sells day morning, with the latest news up to midnight of JPriday. them, or loans on them in Wall Street, brings them to the [Bnt«red at the Post OfBce at New York, N. T., as second-class mail matter.] city and takes them back with him, and at times, if detained late, will carry them home. In this way his TERMS OF SUBSCRIPTiON-PAYABLE IN ADVANCEi pocket becomes the bank safe, and kis right to handle, For One Year (including postage) $10 20. ForSlxMouths do 6 10. carry away, retain, exchange, and have complete, unques- Annual nibscriptlon In London (including postage) £2 7b. tioned control over the securities becomes established. Sixmos. do do do 1 88. easy it was therefore for the Cashier of the Newark Snbecriptlons will be continued nntil ordered stopped by a wriiten How order, or al the publication ojljlce. The Publishers cannot be responsible bank, having such unlimited, unchecked control, gradually for Remittances unless made by Drafts or Post-Offlce Money Orders. to dissipate, without exciting suspicion, the valuables of AdTertlsemenM. I institution. Tmnslent advertisements are published at 25 cents per line for each the Insertion, but when definite orders are given for five, or more, insertions- But in the management of our New York banks the a liberal discount is made. Special Notices in Banking and Financial practice is wholly different. All securities and valuables oolomn 60 cents per line, each insertion. Loadon and LiTerpooI Offices. have special custodians, over whom there are other custo- The office of the Chroniclb in London is at No. 74 Old Broad Street, dians and checks. The leading officers do not even and in Liverpool, at No. 5 Brown's Buildings, where subscriptions and the securities, their work being administrative, not advertisements will be taken at the regular rates, and single copies of handle the paper supplied at Is. each. executive; nor have they, or any one else, any use for WnjJAJI B. DANA B. WILLIAM DANA fe CO., PabUshers, them which would excuse their being taken from the JOKH O. FLOTD, I 79 A 81 WilUam Street, NEW YORK. Post Office Box 958. safe. In case of a loan, it and the securities accom- A neat file cover is through the channels and through or furnished at 50 cents ; postage on the same la panying it pass reg^ar 18 cents. Volumes bound for subscribers at $1 00. A complete set of the books into the safe, and when paid pass out again bj the COMUKKCIAL AND FINANCIAL Chbootcle—July, 1865, to date— can be obtained at the office. another system through other channels. If the Cashier or President should take securities from their allotted place it BANK FAILURES AND BANK MANAGEMENT. would be an unusual thing, which would require a reason, The collapse of the Newark bank has served more than and if their return was delayed it would soon be remarked any previous incident to seriously disturb confidence in the upon. These facts are well known to all familiar with administration of our national banking system and in gen- our banking organization, but are forgotten in the excite- eral bank management. We think these misgivings are the ment of the moment when a shock so sudden and unex- result of a mere impulse, and yet perfectly natural after pected disturbs confidence. It is enough to simply recall the shock the public has received. To scrutinize such an them in order to answer the questions which have been occurrence closely, and be watchful and zealous of the raised by nervous stockhoWers under the fears excited by safeguards the laws provi(ie, are necessary to our financial this new raid on a bank vault. stability. And yet, while we would not offer any sugges- Yet while all this is true, it would be folly to say that tions which should even look like defending or excusing any bank is or can be free from the posMbility of having official negligence, some of the inferences drawn from the some of its securities stolen. Banib cAnnot conduct 480 THE CHRONICLE. [Vol. XXXin. business without trusting their employees. In the night OUR DEBT AND OUR REVENUE. even, the key must be somewhere and the secret be with The monthly Treasury and Currency statements, always is interesting instructive study, are some one ; and in the day, access free to whomsoever an and at present more may be the custodian. There might thus be sudden than usually so. The debt statement for November I thefts by a confidential clerk, even in our best conducted shows that during October the public debt was reduced institutions. But there can not be long-continued pecula- $13,321,459. This is smaller than the reduction effected tions in any amount, for the assets are examined from in September ($17,483,641), but is sufficient, if continued, time to time, loans are called in, and securities for loans to extinguish the entire interest-bearing debt inside of ten are changing constantly. In some of these ways the losses years. For the four months since the close of the fiscal and burglaries would be and are soon brought to notice. year the decrease foots up more than 55 million dollars That this conclusion is warranted is further proved by against 33^ millions in 1880, 10 1-3 millions in 1879, 11^ the steadiness in the actual value of bank stocks through a millions in 1878, 12 J millions in 1877, lOJ millions in long series of years, and by the extremely small average 1876, \Q\ millions in 1875, and 4 millions in 1874. Th« of total defalcations which banks sustain—surprisingly total outstanding debt of every description, including legal- small, especially when we consider the nature and floating tender notes, etc., less cash in the Treasury, now amounts character of their assets. to $1,785,534,467, against $2,757,353,276 on July 31, Do not such facts also show the unreasonableness of 1865, a decrease in sixteen years of about a thousand mil- charging general negligence upon the managers of these lion dollars ! Is not that a record worth having and a institutions, as soon as one bank incurs a loss ? Most policy worth continuing ? Ukely the facts, when fully developed, will indicate that The large decrease at present taking place is to be the Newark trustees are greatly to blame ; they certainly ascribed directly to increasing customs and internal exhibited an almost childlike confidence, and must have revenue receipts and diminishing interest payments. Th» failed to take any cognizance of the Cashier's doings, or interest-bearing debt outstanding November 1, calls for make any examination for a very long period of the only $60,962,245 interest annually. In the fiscal year securitias held. "We cannot otherwise understand how 1866-7 the Government had to pay no less than $143,726,- the bank could exist so long a mere skeleton. In fact, it 805 for interest on its debt. Compared with a year ago seems impossible that such a shadow could even pass the saving amounts to almost 17 million dollars, and com- itself off as a moneyed institution. Of course the uncon- pared with November, 1879, almost 23 millions. The ventional system under which suburban banks in general following table shows the change that has taken place in are operated was the Cashier's opportunity and will be urged our interest-bearing debt during the last two years. as the directors' excuse; but the popular verdict will be Interesl-Bcaring Debt Out- standitig. Sov. 1, 1879. Nov. 1, 1880. Nov. 1, 1881. that any organization permitting of such a condition so long continued without discovery must be very defective. $ $ $ Bonds at 6 per cent 233,681,350 217,699,550 469.6,') 1.05U This has led many to believe that the whole truth is not yet 508,440,350 Bouds at 4 >« per cent 250.000 000 250,0011.000 250,000,000 known, and at the present moment it seems as if that Bouds at 4 per ceut 737,946,550 738,368,600 738,749,750 563,390,950 '"'979,200 would prove to be so. Rctimdiug certiflcates 2.899,400 598,050 14,000,000 14,000,000 ll,000.00O- But however this special case may tarn out, the opinion Total interest-bearing debt. 1,796,967,650 1,690,698.400 1,566,728,750 quite widely expressed, that all directors ought to be Annual interest 83,746,736 77.78S.4S7 e0.962.-.M5 acquainted with the details of the bank management, can- The receipts from internal revenue taxes and from cus- not be sustained. It would require a very large portion toms continue increasingly heavy. Those for October- of their time, and be inconsistent with their properly con- were over 5 millions above those for the same month in ducting any other business, since merchants, if they are to 1880, aggregating $32,272,369 against $26,941,975. For be successful, must give undivided attention to their per- the four months of the new fiscal year the increase on last sonal pursuit. Besides, they are not paid for their time, ^year foots up more than 16 million dollars. The custom and no bank could afford to pay them. Then, again, the receipts of the year, if the ratio of increase thus far director's ofiSce never ought to be more than advisory ; any established be maintained in subsequent months, other relationship would preclude success. Only think of promise to be the largest on record. In 1880-81 a bank absolutely under the management and "direction" the duties collected amounted to no less than of fifteen men ! "Why it would show worse results than $198,000,000. This total has only twice been exceeded, the Park Commission. It is our presidents and cashiers that namely in 1870-71 and 1871-2. In the latter year it was make our banks, and they are selected for their fitness ; they largest, being 216 millions. At present, as said, the are men of character and ideas, and impress both upon the promise is that we may reach this total again in the cur- institution they manage, and the directors must trust them. lent year. The internal revenue receipts cannot of course So also much that has been said during the week of the be compared with any but the more recent years. During Comptroller's duties and responsibilities seems to us a and for a time after the war these were extraordinarily little unreasonable. Mr. Knox has to his credit a long heavy. For instance, in 1865-6 they aggregated more public life, with wonderfully few mistakes in it, and it than 309 millions. In 1880-1, the last fiscal year, the total would, we think, be a publis misfortune if his influence was only $135,264,385, but it is sufficient to say that this were weakened. The large d3posit of the Newark institu- was 1 1 millions above 1879-80, and larger than in any other tion in other banks should have excited inquiry and did, year since 1870-1, when the figures were $143,098,153. and received confirmation as was supposed. Of course we As the increase for the four months thus far amounts can see now that the Examiner ought not to have allowed to over 7 millions, it appears very probable that in the Cashier Baldwin to have sent the letter of inquiry, but at current year even 1870-1 will be left behind. These that time it must be remembered he was dealing with a internal taxes are derived very largely from articles man as far above suspicion as any man in this community. of luxury, chiefly whiskey and tobacco, and are not, there- "Who does not every day of his life throw himself into just fore, very burdensome to our people. The preposition to Buch a trap if his trusted friends should all subsequently abolish them, now being agitated, is unwise. Some of the prove scoundrels? war imposts bearing heavily on individual interests, sucli — — KOTKMDXH S, 1881.1 THE OHRONK^LR 481 on banks, should bo removed, but as for the u the tax manufacturiDg houM gave the speculators for * fall «a rest there is no other way in which an equal amount of opportunity to make an impreBsion upon the market. raised easily and with so little money can be so pressure These rumors were repeated on Thursday, and then the system. upon our industrinl decidedly strong tone in the morning gave way to weak- tho first Turning to the general balance sheet, point to ness in the afternoon. The facts in regard to the stock our attention is that the grand total of all the attract operations of Cashier Baldwin and Nugent k Ck). will statement is only $322,073,582, against items in tho doubtless soon be made public. From all that can now $330,677,298 in October—a diflEerence of $8,003,716. be ascertained, it is I elieved that they were comparatively This would seem to indicate the reduction in that amount small. side of the account and the con- of the liabilities on one It is probable that had it not been for the Newark bank on the other side. traction of ill' money held against them affair the market would have been strong, if not buoyant, This proves on examination to be true. The reduction this week. The Trunk line stocks appeared to have a occurs almost wholly in tho two items of "Interest due and strong undertone, the belief prevailing that the gradual unpaid" and ''Called bonds and interest." The former advance in rates would soon result in bringing about an relatively was heavier on October 1, by reason of the larger adjustment of all the differences existing between the lines. amount of interest falling due on that date, which has The rise in such shares was a marked feature on Wednes- since been paid out. The latter was heavier because of day and Thursday, and yet the movement was so unequal the larger amount of called bonds then unpresented for Michigan Central, Canada Southern, and Erie,, advancing payment. Together these two items were reduced in the rapidly, while the other trunk lines were comparatively sum of ,$10,990,680 during October. If nov;^ we allow sluggish—that some explanation seemed necessary. It for an increase of $2,177,760 in the silver certificates was rumored that while the movement in Michigan Cen- outstanding and for an increase of $536,020 in the tral and Canada Southern was mainly speculative, that in amount of the Treasurer's checks and drafts, we have left Erie was due to buying by Mr. Vanderbilt and his friends a decrease of $8,276,900, which very nearly corresponds who had obtained control. Tliis story found believers with the decrease in the total noted above. among those who fancied they discerned a good motive But in what shape was the money thus put out on the for securing such control and regarded it as possible that market? Clearly the greater part of it was in silver it had been obtained. Others claimed that the rise in Erie certificates. For on November 1 there had been issued was based upon the large earnings of the road, which it is $66,327,670 of silver certificates, of which the Treasury asserted will justify a dividend upon the preferred stock. held $7,488,900, leaving $58,838,770 out. On October 1 The promise of such a dividend would naturally induce there had been issued $64,149,910, of which the Treasury purchases for foreign account, and the fact that while iield $1 1,559,730, leaving only $52,590,180 out. The silver in past months other stocks have advanced Erie has certificates in circulation have thus been increased $6,248,- remained comparatively inactive would account for the 690 during the month. The total of silver certificates movement this week. issued is close on to the amount of silver dollars held—the was active early in the week As noted above, money ; figures being $06,327,670 and $66,576,378 respectively but although it was forced upwaid to 1-64 of one per and the Treasurer has been compelled to announce that cent commission and interest on Monday, the movement hereafter these certificates would be issued only against a was only momentary, and loans on call were made at an deposit of silver dollars and no longer in exchange for gold. average of about 5 per cent for the remainder of the week. The supply was apparently equal to the demand, and there is now a fair prospect that it will soon be in THE FINANCIAL SITUATION. excess of the inquiry. The domestic exchanges at Chicago The Wall street markets have been unsettled this week and St. Louis on New York are now at a point which will by the failure of the Mechanics' National Bank of New- enable currency and silver certificates to be sent hither. Ark. The manner in which the enormous defalcation by The latter represent the gold withdrawn from our banks the cashier was successfully concealed, not only from the when the movement is outward, but what disposition will directors of the bank, but from the official examiner, be made of these certificates when they return is another tended to disturb confidence in the condition of other question. Western papers say that there is no longer banks, which the public, in the excitement of the moment, much demand for currency from the interior, and it •quickly concluded might be similarly mismanaged. would appear that the country is at present well supplied. The positive assertion of the cashier that the money The demands at the grain centres for funds with which points taken from the bank was used to sustain the failing for- to carry the load of wheat and corn held at those tunes of a manufacturing concern, and that none of the fall in great part upon tho local banks. Whenever, by to the grain specu- funds were used in stock speculations, was at first be- reason of the break down in or an end return lieved, and after the immediate shock felt the lation, this load is distributed, there should be a stock market was gradually recovering when hither of funds which were mainly withdrawn during for this it was again unsettled by activity in money July and August for the purpose of preparing claimed by spaculators for a decline in stocks to be the speculative movement in food staples. this week result of a general calling in of loans by banks. It The arrivals of gold at this port from Europe appeared subsequently, however, that there was nothing have amounted to $1,113,300, wholly from the Continent gold from Austra- more in the movement than a shifting of loans natural to There was a consignment of $1,042,750 whither it was sent such an occasion, but the fact that there was a demand for lia which arrived at San Francisco the current rate* money, whether real or artificial, made operators very probablv for the purchase of grain. At profit from Lon- cautious. The market did not recover until Wednesday for sterling, gold cannot be imported at a exchange operation or afternoon, when it was buoyant under the influence of don or the Continent either as an the future of the market poinU to a good buying of the trunk line shares ; then rumors on speculation. But imports when- became current that stocks were being sold for the fall in sterling, and a renewal of the gold freely. It is Account of the Newark bank cashier, and the suspended ever grain or cotton or both begin to move 4Bt THE CHRONICLE. rroL. XXXIII. Oontialing of— in view of this probability, carefully to therefore important, Date. Duties. U. 8. Silver Silver weigli the financial situation abroad, and tho efiect at Lon- Oold. Notes. Dollars. Certificates. don and on the Continent of a renewal of the demand for Oct. 28.... $458,358 65 $172,000 $ 6,000 $1,000 $260,000 gold from the United States. Two weeks ago the Bank " 29.... 275,236 04 89,000 4,000 1,000 181,000 " 31.... 559,302 68 151,000 7,000 301,000 of France raised its rate of discount to 5 per cent. This Nov. 1 ... 493,592 67 161,000 12,000 1,000 321,000 mid-monthly was mainly caused by the diflBculty of the ' 2.... 285,767 42 76,000 7,000 1,000 203.000 settlement and the heavy rates charged for carrying over " 3 ... 504,085 91 265,000 12,000 226.000 purchases, these amounting in many cases to 20 and 25 Total... $2,576,343 3' $914,000 $13,000 $4,000 $1,512,000 per cent per annum for the fortnight. Since then the Below we give the Sub-Treasury operations for the week liqui- Bourse has become easier, owing to the ended Nov. 3, and the receipts and shipments of gold and dations which have been in progress, and to- currency reported by the leading banks. day bankers report a normal condition of affairs Into Banks. Oulof Banks Net. existing ' at Paris. As a matter of fact, Paris, in its ex- tremity, unloaded largely upon London, and this gave $1,254,036 $ $1,254,036 1,309.000 1.310,000 •1,000 Paris the power of drawing gold from thence, which it Total $2,563,036 $1,310,000 $1,253,036 would appear has been asserted, for the Bank of England Loss. return shows a loss of £386,000 bullion for the week, The interior movement, as above, embraces all the re- while the Bank of France reports a gain of 7,475,000 ceipts and shipments of gold and currency reported to us francs gold and a loss of 10,475,000 francs silver. Sup- by the leading banks for the week ended Nov. 3, which pose there should be a further drain by Paris upon Lon. (stated in our usual form) are as follows. don—which is not improbable, since if money is wanted at Receipts at and Shipments fromN. T. Received. Shipped. Paris it will be obtained—and, in the course of a few $1,274,000 $739,000 weeks, a demand also be made upon London for gold for Oold 35,000 571,000 shipment to America, to pay for produce. Is it not likely Total $1,309,000 $1,310,000 that under such a condition of afiairs, with the very small The Bank of America received $500,000 gold during stock of available gold in London, there would be a the week, on account of the Associated banks, for deposit further advance in the Bank of England rate of discount, in the vault. followed by a rise in the Continental rates until it resulted in a return movement of securities which London and OUB FOREiaN COMMERCE. Paris have so freely taken from us. The following table The September statement of our foreign trade, issued shows the amount of bullion in each of the principal Euro- this week, plainly shows the effect of the adverse influences pean banks this week and at the corresponding date last at work. The exports, which in September, 1880, year. amounted to $71,225,897, amount this year to only $62,- 428,276, and the imports have risen from $53,228,651 to Kov. 3, 1881. yor. 4, 1880. $55,659,026. As a result, the merchandise balance in OoUI. Silver. Oold. Silver. our favor is only $6,769,250, against $17,997,246 in » a, £ September, 1880. The change is in part reflected in the Bank of England 20,860,378 27,340,699 Bftok of France 24,455,456 47,482,772 22,770,955 49,898,849 smaller movement of gold to this country. In September, Bank of Gennanr .: 6.118,613 18,356,613 8,963,333 17,936,667 1880, our net imports of gold were about 18| millions ; in Total tlilB week 51,434,447 65,839,385 59,079,987 07,835,516 September this year, about 10^ millions. The following Total previous week 51,500,763 66,205,931 60,198,823 67,932,536 shows the merchandise imports and exports at each of the ^p" The above gold and silver division of the stock of coin of tlie leading ports. of is mcrelj popular estimate, the Bank itself gives Bank Oenuan^ M EXP0UT8 AND IMrOKTS 01' MBUCIIANDISB AT U. S. POUTS. no information on that point. 1881. 1880 Exports (Domestic t The present margin of profit for cable transactions will and. Foreign.) September. Since Jan.l. Sejitember. Since Jan.l. relative prices in Lon- be seen by the following, showing $ $ $ $ York 33,466,915 286,450.202 37-475.575 308,359,513 at the opening each day. New idon and New York Now Orleans 2,311,725 66,191,872 4,308,9."»2 66.906,440 Baltimore 3,909,757 46,084,985 5,908,372 55,185,812 Boston 5,046,017 J 55,884,211 n.353.182 49,805,843 ' Oct.31. Wb». 1. tfov. 3. Ifov. 4. Philadelphia 3,206.6!t0 31(i99,533 3,008.228 35,676,377 San Priiucisoo 4,201,561 30,044,681 2.480.630 18,420.415 tond'n N.r. London If.T. Lonil'n N.r. Lond'n If.T. All other porta 10,165.611 102,161,697 10,590,978 87,513,434 prices.* pricit. prices." prices. prices.* prices. prices.* prices. Total 62,428,276 618,317,184 71,225,897 622,097,834 TJ.8.4B.C. 116-39 n6« 11603 H0>« 118-87 116 116-27 116)4 U.S.SHJs 10«'06 102H 101-85 m 101-05 101^ 10105 ID? rmports. Bile 450 ; 45 41-60 im 46-34 46)« 10 21 48X New York 38,172,024 338,652,058 33,733,920 381,745,579 Hi con. 101-49 103H 103-f9 103X 104-33 104!i 10438 104 New Orleans 717, .598 8,873.270 293,515 7,703,362 Baltimore 1,422,158 12,311,717 1,295.115 14,355.937 lU.Cent. 131-88 131« 131-08 130 131-3^ 13I!4 131-81 131« >4 Boston 4,933,592 50,7-23,971 4,688,308 56,871,885 UO-69 140-13 140-79 140-79 K.Y.C. HOX 139K 110 HOH riiiUulolphia 2.308,8.59 24,223,851 2,107,2H8 33,370,587 Beading 34-6at 09 34 lot 67« 34-47t 08?,' 34-22+ 67« San l-'rancisco 3,695,296 28,099,559 4,227.091 26,605,047 ports 34,237,466 3,882,814 27,046,517 Bich'ge. AU other 4,409,501 i cables. 4 80 4-83}i 4-85« 4-8S« Total 55,659,026 497,123,89.'^i 53,228.651 548,298,914 * Bspressed In their New Tork equivalent. As regards the increase in the imports, it is to be said i Beading on basis of t50, par value. that the larger total this year appears to be natural, and NOTB.—The New York equivalent is basc Philadelphia Mint, of $1,254,036 17, which is' a gain to the proportions, and that subsequently, the speculation col- banks. The payments by the Assay Office through the lapsing, tho large stocks which had accumulated were Sub-Treasury, and embraced in the above, amount to utiliKod and the importations fell below what they other- $1,145,137, of which sum $540,000 waa for gold wise would have been. We are thus comparing with received from Europe. The following are the receipts by reduced figures for last year, and, bearing this in mind, an the Sub-Treasury from the is of very little sig- Custom House. ; increase of only 2^ millions a matter k I ... NOTKMBBB 5, 1681.1 THE CHRONICLE. 483 nificance. Later on, the indications now are that the result surplus of wheat on hand, which is now being marketed will not be so encouraging. We showed last week what a through San Francisco. During September San Francisco large amount ot new railroad mileage is projected to be increased its breadstuffs exports $1,800,000 and its total buUt within the next fourteen months. This will call for exports about the same amount. During the nine months heavy quantities of rails and all kinds of railroad iron, and of the current calendar year its total exports aggregate as our furnaces and millsi are unequal to the demands to $30,044,684, against $18,420,415 in the corresponding time be made upon thorn, there will bo a largo increase in the of 1880, a gain of $11,624,269, of which $9,032,343 WM importation of railroad materials from abroad. In fact, in broadstufits, showing what an important part this item some heavy orders have already been given. plays in that port's enlarged totals. The war of rates on But while, with respect to the imports, the discouraging the railroads has of late decreased the broadstuSs exports at features have yet to develop themselves, with respect to New Orleans, and in September they amounted to only the exports thoy are unmistakably manifest already. The $463,296, against $1,,'589,952 last year, but the total for the total for September is smaller than that of any other month nine months is still above that of 1880. Boston is another since P'ebruary 1880. The reasons for this condition are port that has increased its breadstufCs exports during the known to our readers. They can be summed up in two nine months. Taking all the ports together the broadstuffs applies to all our chief for words : exorbitant prices. This exports the nine months fall almost 32 millions below articles of export—grain, provisions, etc. As a result, we tlioseof 1880. In the early part of the year, the lower prices are not surprised to find a decrease in values under each (as compared to the same period of 1880) diminished values, head, notwithstanding higher prices tend in great measure and since then high prices have diminished both quantity to make good any loss in quantity. The exports of bread- and values. The following table will show the different million dollars constitute stuflfs show a falling ofiE of pretty nearly 4 ; items that the breadstuffs exports and the loss half provisions, a falling off of over a million and a ; in each. cotton, a falling off of 8 or 9 thousand bales; while petro- EXPORTS OF BBEAD8TUFP8 DVBIMO SEPTBMBiBB, AND 8IKCB JAM. 1. which appears to be an exception to the general rule, ^anlUy. Value. leum, | Seplember. shows an increase in exports from $3,712,763 in September, 1881. 1880. 1881. 1880. 1880, to $4,762,711 in 1881. Making a liberal allowance Barley .bosh. 0,381 227,284 3,097 192.688 for the falling o£E in cotton exports, the four items here men- Com .bush. 4,095,111 8,839,911 2,914.307 4,621.903 Oom-meal . . ..bWs. 27,561 31,688 94,213 93.280 tioned do not come within 3 or 4 millions of making the OaU .bush. 209,349 40,601 91,312 18.0U6 Rye .bush. 9,019 405,358 9,297 334,079 aggregate loss on all items. This is quite the reverse of Wheat .bush. 10,970,393 14,262,655 13,749,542 15.225.690 Wheat-aour . .bbU. 478,235 606,567 3,084,476 3.307.229 what has been the case all along. Until the present Total . 19,947,144 23,883,055 month these items have usually covered, and more than 1 /Since Jan . 1. leaving for other items covered, any loss in the aggregate, Barley ...... bush. 94,459 893,487 50.397 S42.021 Corn .bush. 61,099,421 93.219,309 35.747,536 50.232.3d3 an increase. There is only one conclusion to be drawn Corn-meal . . . bbls. 325,503 288.958 969,006 839,712 Oats .bush. 457,127 496,589 209,225 the change, and that is the unfavorable one, that 221,149 from Eye .bush. 740,579 1.043,714 792.416 1.452.013 .bush. 02,766,138 miscellaneous articles, no less than our chief staples, are Wheat 106,230,858 107.939.345 129.151,734 Wheat-flour .bbU.. 5,492,328 4,539,195 31,743,924 26,615,265 sharing in the diminished outward movement, due in part Total... 1 177.452.319 209,204,277 to higher prices also ruling for such articles. As wheat and corn constitute the largest items in the What makes the present situation the more to be breadstuffs exports, so they bear the largest proportion of deplored is that there appears to be so little basis for the the loss under that head. To the total decrease of 32 extreme values ruling. While our exports of bread- millions, corn contributed 14^ millions, and wheat 21 mil- stufEs are shrinking to very small dimensions, our store- lions, part of which, however, was wiped out by the in- houses here and at the West are filled to overflowing. crease in flour, the exports of which were very heavy in the Accumulating stocks and rising values are not natural early months of the year, but have of late begun to fall off. concomitants. Sooner or later holders will be forced to In the exports of provisions and dairy products Sep- realize this. At present if prices were reasonable we tember shows a decrease in quantity in every item except could find a market for our surplus products ; later on, beef and cheese. The exports of lard, however, though. there is danger, in the case of grain at least, that the five million pounds less in quantity than in September; ,. surplus will be left on our hands, foreign consumers 1880, are over $400,000 larger in value, which forcibly having gone elsewhere to siipply their demands. The illustrates the higher prices prevailing this year. For the sooner, therefore, the speculation collapses, the better for nine months the provisions exports foot up $102,754,439 all concerned. In the subjoined table -are shown the this year and $104,461,952 last year. The relatively, breadstuflEs and provisions exports at each port. small decrease is due to the heavy gains in the first BXPOBTS OP BREA^iySTUKPS AMD PROVISIONS VBOM bBADINCi P0KT8. part of the period. Following are the figures. 1881. 1880. RXPOBTtI OP PBOVLSIONB, *C., DC SBPTEMBBU, AND BINCB JAJN.l. Breatlstufft. StpUmbtT, Since Jan.l. September. Since Jan.l. rounds. Value. Now York 9,905,488 78,2!»7,n02 12,027.0 42 100,924,809 September. 1881. 18^0. 1881. 1S80. New Orleans... 463,'^0« 9,581,174 1,389,952 9.464,513 r.altiiiiore 2,330,651 SO..'. 13,580 3,542,712 39,049,581 IJoston 1,307.850 12,373,762 1.624,464 12,190,537 Beef, fresh and Pliilii 484 THE CHRONICLE. [Vol. XXXIII. COTTON CONSUMPTION AND OVERLAND Using the facts disclosed by the foregoing statements, MOVEMENT TO NOVEMBER 1. we shall find that the portion of the crop which has reached "We present our readers to-day with a detailed statement a market through the outports and overland, and through Southern consumption, since •of the overland movement to November 1, and receipts, September 1 this year and last exports, spinners' takings, &c., during the same period. year is as follows. OVERLAND MOVEMENT TO NOVEMBER 1, 1881. 1881. 1880. freer in rail ship- There has been a much movement Receipts at the ports to Nov. 1 bales. 1,249,906 1,426,796 Net shipments overland during same time 125,035 ments this month, the total for the two months being 92,268 Total receipts - larger than that for the same months last bales. 1,374,941 1,519,064 considerably Southern consumption since September 1 45,000 35,000 figures for the two months reach 200,393 year. The gros» I Total tx) Nov. 1 bales. 1,419,94 1,554,064 bales, against 148.796 bales during the corresponding The decrease in amount of cotton marketed during the period in 1880, a difference in favor of 1881 of 51,597 first two crop months of 1881 is thus found to be 134,123 bales. The net movement is also in excess of a year ago, bales. To determine the portion which has gone into the being 125,035 bales, against 92,268 bales last year, or an hands of Northern spinners during the same period, we increase of 32,767 bales. The details for the two months, have prepared the following. presented in our usual form, are as follows. Total receipts to Nov. 1, 1881, as above bales. 1,419,941 OVERLAND FROM 8BPTEMBKB 1 TO NOTBHRKR 1. Stock on hand commcucemont of year (Sept. 1, 1381)— At Northern ports ... 91,911 1881. 18S0. At Southern port* 117,322-212,233 At Providence, &c.. Northern interior markets .. 5,810— 218,043 Since September 1, shipped— 62,158 58,020 Total supply to November 1, 1881 1,637,984 t791 3,000 Of this supply there has been exported 31,047 7 586 to foreign ports since September 582.422 Over tlie Mississippi River, above St. Louis -- 20,063 28,963 Less foreign cotton ineludfid 1,161— 581,258 Over EvansviUe & Terra Haute 1,141 283 Sent to Canada direct from West 4,167 Over JeffirsoQviile .Madison & ludiauapolis 24.478 16.937 Burnt North .ind South 313 Over Ohio & Mississippi Braiicli 9,989 5,670 Stock on hand end of month (Nov. 1, 1831)— Over Louisviile Cinciunati & Lexington 16,720 9,470 AtNorthern ports 130,876 Receipts at Cincinnati by Oliio River 4,276 2,103 At Southern ports 518,100—635,276 Keceipts at Cincinnati by Cincinnati Suuthem 26,407 13,8,i9 At Providence, &c., NorthBrn lutorior markets.. 7,431—1,249,495 Over otlier routes 2,475 106 Shipped to mills, not included above 848 789 Total takings by spinners since September 1, 1881 383,489 Taken by Southern spinners 45,000 200,393 143,796 Dednct- Taken by Northern spinners since September 1, 1881 344,469 Reoelpts overland at New York, Boston, as compared with a year ago, the difference now being years on Nov. 1 to be as follows. 176,890 bales in favor of 1880 time, the ; but, at the same 1881. 1880. Stocks at interior ports show an excess this year over last Total marketed, as above bales. 1,419,941 1,554,064 year of about 42,000 bales. The exports to foreign ports Interior stocks in excess of Sept. 1 190,000 152,000 for the two months of this year reach 582,422 bales, Total in sight bales 1,609,»41 1,706.064 against 721,552 bales for the corresponding months of This indicates that the decreased movement up to this a decrease, 1880, as compared with last year, of 139,130 date of the present year is 96,123 bales. bales. The receipts and exports during the two months, WEIGHT OF BALES. together with the stocks at the ok)se of the month, are To furnish a more exact measure of the receipts for the in the " given following table month, we give below our usual table of the weight of Moverm't from Exported since to— bales. give for comparison the figures for the first Receipts Sept. X, 1891, We 8ept.l,lBSi Stocks since Sept. to Nov. 1, Orcal _ Conti- Kov. 1. three months of last season, as we have been unable to 188J. 1881. 1, Bntitln.* France. nent. Total. procure those for the two months separately. Galveston . . 151, 416 48,793 2,075 6,417 50,285 75,423 Ind'nola, &c 5, 430 Three ilos. Kcw Orleans. 311 08'J 100,067 36,416 170,396 189,868 Two Months Ending Nov. 1, 1881. End*g Dee, Mobile 69,801 3.660 3,660 25,166 Florida 1 493 1, 1880. Savannah . . 251,324 42,483 4,650 a«^98 71,531 92,780 Br'n8w'k,<&c 3 8 Number of Weight in Average Average Charleston . . 178, 331 29,046 5,226 80,299 54,571 82,496 Bales. Pounds. Weight. Weight. Pt.Royal,&c 10, :^92 9,277 9,277 603 Wilmington . 38, 611 8,806 "i",424 10,230 14,401 Texas 156,846 79,704,432 50317 512-45 Mor'h'dCjAc 3, 997 Louisiana 311,086 143,699,108 47800 50000 Norfolli 158, 7i)3 56,093 6,333 61,426 37,663 CityP'nt.ic 15,,457 Alabama , 69,804 34,762,392 493-00 51400 New York... 7,,286 69,534 9,873 18,045 97.452 107,437 Georgia* 256,595 121,754,327 474-50 479-87 Boston 28,,246 17,297 1 17.293 3.420 South Carolina... 188,723 88,133,641 46700 47100 Baltimore ... 8,,251 14,231 9,472 23,703 14,781 PhUadel., &c. 6,,211 0.543 50 6,593 11,238 Virginia 174,250 83,465,750 479-00 479-00 North Carolina. 42,603 19,855,328 46000 470-00 Total 1,249,906 405,830 58,240 118,352 582,422 655,276 Tennessee, dec 220,029 104,513,775 475 00 504-00 Total 1880.. 1,426,796 499,13' 96,47! 125.943 721,552 634,541 Total 1,419,941 680.888,753 496-56 49002 * Great Britain exports include to the Channel ' Including Florida. : r , . . NovKMBn S, 1881.] THE CHRONICLE. 486 It will be noticed that the movement up to November 1 inclined to keep up the railroad war of rates. Subse- shows an increase in the average weight as connpared with quently, with easier money and the advance in freight 486-56 October 1, the average on November 1 being lbs. rates from Chicago eastward, the market became stronger, per bale, against 482-55 lbs. per bale on October 1. and prices gained considerably from the lowest point of THE COTTON GOODS TRADE IN OCTOBER. the month. The manipulations and rapid mutations in the situation of elevated A moderate amount of new business was done in the railroad matters have been recorded in our weekly reports. early part of the month, but toward the close large jobbers, Exchange was weak in the early part of the month, bat and antici- converters and finishers entered the market after the middle prices became firmer, and on the scarcity pated future events to some extent, by operating more of commercial bills, and possibly with the return of some stocks and bonds freely in brown and bleached goods. There was a good from abroad, rates at the close were about 2 cents better than at the lowest movement throughout the month in plain and colored J point. The following summary shows the condition of the cottons on account of back orders. Prices ruled very New York Clearing House banks, rate of foreign ex- standard sheetings and ^c. firm, with an advance of ^c. on change, and prices of leading securities and articles o£ on tickings. Print cloths continued active, closing at 4c. merchandise, on or about the 1st of November in 1879, 1880 and 1881: for 64x64s and .'i^c. for 5Gx60s; large sales of " spot" aud " futures" up to March were made. The stock of cotton BTATISTICAI, 8DMMARY ON OR ABOUT HOT. 1. 1879. 1880 AMD 188L goods is exceptionally small, and many makes are under 1881. 1880. 1879. the control of orders for some weeks to come. Drills New York City Banks— have been sold ahead for export, in some cases as far for- Ix>an8 and ai8c<>uut» $ 309,254.500 317.890.200 271,238,600- Specie * 61.068:i The above prices are—For cotton, low middling upland at New York; New York Cltj Bank Statements. Oct. 1. Oct. 8. Oct. 15. Oct. «. Oct. S9. pricna for printing olotha, nunafacturers' price.s ; for slieetings, agents' $318,318,000 $311,310,500 which are subteot to an arerage discount of 5 per cent. Loans and dlsc'ts. 1330,497.400 »386.123,fl00 t309.254.500> Specie 59.M3.200l M.SS4.400 B4.8.)7,200 5s..ssg.4ao C1.068.IOO' Circulation 19.859,100 10.867.100 19,HUt>.IOO 19.919.900 19,948.006^ Net deposits 308.518.1001 29-.W7.9UO IWO.O1 1.300 281.043.800 iiS8.038,(IOO- FINANCIAL REVIEW OF OCTOBER. LeKal tenders 14,730.300 11.856.800 15.174.300 I5.i08.7UO I5.lias,400- Ijegtil reserve »77. 199,525 »74,72 4,478 T2.S04.575 »71 .660.895 t78.00»,70» Reserve held 74,373,300 71,311.800 89,981." 73,S6->.I0t Secretary Windom purchased $10,000,000 of bonds in his weekly purchases, and also anticipated the payment of The total transactions at the Stock Exchange, comparect with previous months, were as follows : bonds embraced in the call for December 24, so far as the same were presented, and the disbursements on these July. Aug. Sept. Oct. accounts, together with the importation of gold, gave U.S. Govemm't bonds $2,141,000 $1,696,150 $1,673,750 $2,967,600 State bonds 2.385,000 1.248.500 2.264,500 3.060,500 abundant relief to the market for the time being. Mr. Riiilro.-Ml bonds 19,064,300 13.412.300 13.143,400 21,507.600 270 345 531 673 "Windom resigned as Secretary of the Treasury, and Bank stocks. . .shares Railroads. &c., " 8.611.522 6.868,750 6.854,688 9,606.997 Judge Folger, of New York, was appointed to the posi- CLOSIHO PRICES OF OOTEKNMENT SBCCRITIKS IN OCTOBEB. 1831. tion, after ex-Governor E. D. Morgan had been tendered 6s, 5«, 6t, 5«, 4>9«, 1%<. 4«, 3Our. eon- con- Our., the appointment and declined it. cfni- eon- 1891. 1907, 1891, 190^7, 1898. Oct. lin^d tin*d 1898, OeL tin'd lin'd coup. coup. coup. coup. reg. There was much more activity in securities at the Stock a<3% 486 THE ('HRONK'LE. [Vol. XXXIII. . CtOSING PRICES OF CONSOLS AND n.B. 8ECUKITIE8 AT LONDON IN OCT. Septetn ber. . -October-. , Railroads. jlufli. 31 Low. High. Sept. 30. iow. High. Oct. 31 8t. Paid Minn.'A Man 101 101 13 104 103 102 1071a 5s 4ifl» 5» 4ia« is isot Second Av.(N.Y.City) 126 126 ext. at of ext. at of Oct. Oct. Texas & Pacific 53 Sl'ie 54% "52" 45% 53 3^. 1891. 1907. 3I2. 18D1. 1907. 27i8 541a O ft Tol. Delphos & Bur. . 25 27% 25 20 25 22ia UnionPiicLflc . §121 "e 119 124=8 11978 11678 122 I2014 1. 09'16 10414 116% 120 20 99IJ6 1031s II6I4 119% United Go's of N. J.. I9OI3 1901a 185 185 II6I4 46I3 "48 2. S. 21 9810,0 103% 119% Wab. St. L. & Pacific. 4713 46% 5318 5OI4 5079 14 3. 9813l6 lom iieifi 120 22 98iSie 104 II6I3 119% Do pref. 84% 83=8 94% 91 86% 91=8 §88-« 4. 10414 IICI2 120 23 8. Telegraph. 5. 98»i6 104 14 116'« 119% 24 99 lie 104 14 lldia 119% American District . . seia 6. 987,6 104 lltii4 II914 25 993,8 IO414 116% 119% 48 49 56 ex ctfs. i( '8 7. 9SlIie 104 1161* II914 26 993,6 IOII2 116% 113% West Union, 85% 92% §8578 82% 8314 86% 8. 98lSi6 104 14 1161s II914 27 993,8 104 12 1161.2 119% Express. 104 1161-2 II9I2 9. 8. 28 996,6 14 Adams §138 137 13914 *137 137i« 153 145 1161-2 II912 29 iigij 10. 9813l6 XO314 99^lj 1041a 1161a American 861a 86 91 91 90 9713 ll«i4 30 .8... 96% 11. 989,6 103 II914 United States '68 6714 7OI3 *69 70 77 76 12. 98lii„ 103 II6I4 H914 31 999,6 105 116I2 119% Wells, Fargo & Co. . . •128 I29I3 136 132 129% 137 *134ia 98lii„ 103 II6I4 II914 13. Opening . 991,6 I0414 116% 120 14. 9813,8 IO314 116% 119% Coal and Mining. Highest. . 999,6 105 116% 120 15. P8i3,c 103 14 116% 119% Cameron Coal 40 30 la 42 3214 3979 Lowest . - 98716 103 II6I4 II914 38% 16. 8. Caribou Consoi. Min. 2 Closing . . 999,6 105 II6I2 119% 21a 17.. 9S13l6 IO314 116% 119% S'ce Jan. 1 Cent. Arizona Min . . 2 1=8 2 1=8 2 -1=8 18.. 98:Bi6 103 116% 119% Colorado Coal & Iron 511a 49 Higliest. . 10213,6 105 120 121 571a 471a 52% 51 19.. 991,9 103 116>a 1191a Lowest ... 985,8 103 II414 llS'e Consolidation Coal... •35 30 3514 34 Dcadwood Mining... 71a 51s 7 6 7 *6is Excelsior Mining lis 1% I3 The following table will show the lowest, highest and '19" 2% Homestake Mining . 17 18% 17 closing prices of railway and miscellaneous stocks at the Little Pittsb'g Min.. 2=8 2=8 2'8 •21a Mariposa L'd & Min. 2i8 2i8 4 5 t7 New York Stock Exchange during the months of Septem- Do pref.. 4 5I3 ber and October: Maryland Coal 24 27 •25 19 23 •22 New Central Coal. . 26 27 25 26 RANGE OF 8TOCBB IN EEPTEMBEB AND OCTOBER. Ontario Silver Min'g. -351a 36% 37 36% 36 36 •36 Pennsylvania Coal. . t240 240 245 240 240 . Seotember. . -Oetober.- (Quicksilver Mining . t§15 121a 141a '12 121s 14% 14 Railroads Aug.31 Lou). ItiQh. Sept. 30. Imo. Biph. Oct.31. Do pref. *§57 56 611a 60 57 63 eiia Albany &8u6n'lianna tl28 128 128 Robinson Mining 131a 137a 13 13 Bost.& N.Y.Air Line 261a 30 Spring Mount'n Coal. 47 47 1)0 pref 64 67 63 60 66I3 Standard Cons. Min'g 21 21 22ie 21 22% "22% Burl.Ced. Kap.&No. *76 78 81 75 79 •80 18 Stormont Mining 27e 3 216 2% 2i« Canada Southern ... . 63% 63 67 1« "ei' 55% 63=8 63% VARIOC8. Cedar Falls <& Minn . 2513 25 27 20 26 Cenirallowa 38 38 371s 371b Del. <& Hud. Canal... 107% 107% 110% 108% IO6I4 110% 10916 Central of N. Jersey. 9314 91 »8 98i6 95>« 89% 97 Is 95% N. Y. & Texas Land. 130 M7 42 42 42 Oreg'n R'y & Nav.Co. 159 155 Central Pacific 89% 88is 98 95 14 901a 96% 95 169 I5314 167 163 Pacific Mail Ches. &Ohio 27 26% SQie 29 13 27 29 29 481a 48 52=8 51 47=8 511a 49 Do Istpret *39 39 43 41 38 411a Pullman Palace Car. 140 130 145 130 12714 1331a 133 Do 2d pref. 29 28ia 32 3II4 29 3114 30% Sutro Tunnel 1=8 11a 17e II4 1=8 II4 CliicaiH) Alton & 5I2914 128 132% 131 127 1301a 130 * Do pref 140 140 Prices bid. t Prices asked. 5 Ex privilege. § Ex dividend. Chic. Burl. M47ie *Quincy. 152 ^166 J160 :i36 160 :i37ia BANKERS' STERLING EXCHANGE (POSTED RATES) FOR OCTOBER. 1881. Chic. Mil, & St. Paul. 11458 [IIII3 12238 Ill's 106 II214 108 Do pref. 130 ;124% 133% 116% 1241a Chic. Northwest... I2414 122% 127% i25»^ 120'8 12614 60 De- 60 De- 60 De- & "mia Oct. Oct. Oct. Do pref 1351a 140 '137 1311a 13618 135 day». mand. days. mand. days. mand, Chic. ARocIi Island.. 134 'e 132 •« 139ia I37I3 {131% (135% §13514 Chic. 8t.U & N.Orl'ns 75 77 77 761s 781a 80 78I3 1.... 4 801s 4 84 13.... 4 791a 4 8313 25.... 4811a 4 851a Chic. 8t.P. Uinn.&O. 39I3 383« 45<>8 43% 38% 43% 41% 2.... 8. 14.... 4 80 4 84 26.... 4 8113 4 851a 3... 4 801s 4 84 15.... 4 80 4 84 27.... 48II3 Do pref. 102 14 101 108 1« H05% 100 105 18 102=8 4 851a Cin. San. & Clev 47I3 51 451a 55 4.... 4 80 4 831a 16.... 8. 28.... 4 82 4 86 Clev. Col. Cin. Ind. 84ia 98 98 5.... 4 791a 4 831a 17.... 4 80 4 84 29.... 4 82 4 86 & 86% 99% 8914 14 91 484I3 Clev. & Pittsb., guar 134is 138 139 1351a 140 13914 6.... 47913 4 831a 18.... 4 801a 30... 8. 7.... 8313 19.... 48OI3 Col. Chic. & Ind.Cent. 21 14 20ia 22'8 2II4 19 22 14 "21 4 791a 4 4 841a 31.... 4 82 4 86 DeLLack. AWcsfm. 124i8 123 I2914 I2718 5120=8 I28I3 §126% 4 791a 4 8312 4 801a 4 841a Denver & R. Grande 8714 8413 92"^ 8618 7858 86I4 8278 9.... 8. 21.... 4 8012 4 8413 Range _ Dubuque & Sioux C 86 88 t»0 83 83 •80 10 ... 4 791a 4 831a 22.... 4 801a 4 841a High 4 82 4 86 East Tenn. Va. & Ga 13 1718 15=8 135b 151a 1478 11.... 4 791a 4 831a 23.... 8. Low. 4 80 4 84 Do pref... 32 27 3214 291s 25 29 le •26 12.... 47913 4 831a 24... 4 81 4 85 Georgia RR.&Bkg Co 165 1C5 Baimibali&St. Jo.... 94ia 94 14 350 95 100 "96% Do pref. *113% 112 121 116i« IIII9 117 113 Harlem 215 215 210 210 THE DEBT STATEMENT FOB OCT. 1881 Houst. 4 Tex. Cent.. 92 90 9514 "91" 82 93 The following Is the oi&cial statement i Illinois Central {127% I26I4 133=8 131 128 >4 1311a 131 of the public debt as Indiana BI.& W. new 431s 41 13 48°8 41 46 44 appears from the bnoks and Treasurer's returns at the close of Keok. & Des Moines. 191a 20 "zo" I914 20 Do pref.. 50 52 50 60 business on the last day of October, 1881: Lake Erie & West 53 "48% 14 481a 561a 411a 4Sia 46% INTEREST-BEARING DEBT. Lake Shore 12318 122 14 127 !>8 125 117 12558 §121 Lonj; Island 47 53 53 511s 53 la 85 i>ouisiaQa& Mo.Riv. 18 23 18% 19 18% Amount Outstanding. IiOuisvUle & Nashv.. 96% 921a 99 90I4 961a 941s Louisv. N. A. & Chic. 95 75 75 50 75 Character Author- When Issue. izing Act. Payable. Manhattan 20% 191a 25 "20% 17% 55 53 of Registered. Coupon. Manhattan Beach Co. 2714 30 18 26I4 24 >a Mar'tta <& Cin. 1st pf. Ills 20 16 21 of 1881*. July 17,'61 '81 Do 2d pf. 8 13 Ills 9 12 6s Juue30, $113,926,3.30 14 68 of 1881*. Mar. 3,'63 June '81 Memphis & Cba'ston. 73 80 79 72 78 741a 30, 47,949,700 Metropolitan 58 0f 1881-. July 14,'70 M.ay 1,'81 401,504,900 Elev. . 80 77% 87% 961a 8314 99% 96% Michigan Central 4ias of 1 891 July 14,'70 Sept. 1, '91 178,964,600 71,035,400 931a 91=8 98% 9214 86 96 93 14 Mil. L. 48 of 1907.. July 14,'70 July 1,1907 546,631,350 Sh. & W. pref. 46 44 54 1« 51% 46I3 52 51 192,098,400 Mo. Kans. 39I8 & Texas . 40 14 44 411a 36'8 4214 40% Missouri Pacllio :1031a 101% 10858 {105''8 102 106% $1,288,996,900 $263,133,800 1051a ref ctfs. Feb. 26,'79 Mobile & Ohio 34 32>e 38I4 -36% 34 39 3714 48, $598,050 38,navyp.fd July 23,'68 Morris NOTBMBRn 5, 1881.J THE CHRONICLE. 487 RECArmjLAXrON. OOLO AHD MLTHK—OOtK A«» aOLMON. AnwHnt rorlhs For M« 9 Par lh» 13 Oitlstanding. Tnleretl. month of monlhitnd- monlki tnd- Sspl. ed Kept. 90. tditept. 30. Inlerest hearinff debt - por cwiit, continuod at 34. $161,876,050 Unmix lit 6 188!.—Export*—Dom.—Gold . • 122.616 • 1.47.''.720 •I,&)r7,l09 UoMilK lit ^ iii Oregon, Oregon , 230 413.183 Month ended Seirtcmber 30. 1881 $6,769,250 Oswegatchie, N. Y 157,682 19,031 Month ended September 30, 1880 17,997,240 Oswego, N. Y 676,289 160.231 Nine months ended September 30, 1881 121,193,289 Passamaquoddy, Me 71.397 31.626 Nine mouths ended September 30, 1830 73,793,920 Pcnsacola, Fla '. 66.240 Twelve months ended September 30, 1831 240,270,615 Philadelphia, Pa !,308,359 3,266,379 301 Twelve months ended September 30, 1380 163,857,613 Portland, &e.. Me 66,606 10.041 4,774 Puget Sound, W. T 7,450 52,106 The excess of imports of gold and silrer coin and bullion Kicnmond, Va 7.335 157.867 San Diego, Cal 89,375 80,485 201 as follows: was San Francisco, Cal 1,699,206 4,209.432 56,129 Savannah. Ga 87.263 2,010.903 Month ended September 30, 1881 $10,200,865 117,463 Month ended September 30, 1880 Vermont, Vt 472,743 19,101,019 30,842 375,251 16 Nine monllis ended September 30, 1881 37,630,406 Willamette, Oregon Nine months ended September Wilmington, N. C 4,966 22:1,114 30, 1380 29,538,665 262,033 283,176 973 Twelve months ended September 30, 1881 77,321,563 All other customs districts Twelve mouths ended September 30, 1830 71,432,893 Totals . •55.650.026 •61.245.111 $1.183.165 The total values of imports and of domestic and foreign exports for the month of Sept., 1881, and for the nine and TREASURY STATEMENT. twelve months ended Sept. 30, 1881 and 1889. respectively, are UNITED STATES presented in the following tables The following statement, from the ofBce of the Treasurer, for issued this week. It is based upon the aetiwl [Corrected to October 26, 1881.1 October, was returns from Assistant Treasurers, depositaries and superintend- HERCHAHDtSB. ents of minta and assay offices LIABIUTIBS. NOVBBBK 1, 1881- For the For the For the 12 35 month mos ended Post-ofiice Department account $5,201,404 of mos. ended 23.023,874 05 Sept. Sept. 30. Sept. 30. Disbursing ofllccra' balances ...... Fund for redemption of notesof national banks "failed, circulation" 30,311,222 60 1881.—Exports—Domestic .. $61,245,111 $601,060,795 $867,050,673 " ill lii|Uidatlon," and 'Tcduiing faileil national banks...... - 309,886 38 Foreign . . 1,183,165 11.256.3 39 18.352.099 Undistributed assets of redemption of nat 1 bank notes. 15,366.915 SO Total $62,128,276 Five per cent fund for $618,317,181 .$88.1,902,772 of national bank gold notes 461,532 00 Imports 55,650,026 197,123,895 Fund for redemption 615,032,157 Currency and minor-coin nrdeniption aooount 4,527 7B Excess of exports 88,899 60 over Imports $6,760,250 I121,1U3.2»9 $240,270,015 Praotlonal 8ilvcr- 488 THE CHRONICLE. [Vol. XXXIII. Silver certificates $66,327,070 00 the statemeat is quite as good as had been expected. The pro- Certificates of deposit 8,310,00000 portion reserve to liabilities has 30-02 Balance, iiicludiug bullion fund 142.096,811 77 of increased from per cent to 35-61 per cent, and a good effect has been produced. Total Treasurer's general account $241,661 ,245 39 Less unavailable funds 700,274 17-$2 10,960.971 22 There is an increase of JE188,035 in the supply of bullion, $322,673,582 95 which is rather more than the daily returns indicated, as the ASSETS, NOVEHBBB 1, 1881. note circulation has declined to the eitent of £300,625. The •Oold com $76,036.377 10 -Gold bullion.:: 96,953,452 07 total reserve has been augmented by £428,660. The total sup- ^Standard silver dollars S?'5Z°-^'° 29 ply of bullion held by the bank amounts to £21,262,378 against Fractional silver coin 25,984,687 76 'Silver bullion ^'^^HI^ i5 £27,958,559 last year, and the reserve of notes and coin to Gold certificates „ .„3'Z!?9 55 £10,347,168 against |16,002,7l4. The comparison is therefore SUver ccrtifictites 3*??'255 26,2«l,7b8 99.6o United States mrtes decidedly unfavorable, and there is not much hope of improve- Jfational banl{ notes 4,685,lb7 02 ment. The Government has repaid the Bank another instal- ^National bank gold notes oS'??'? 29 IFractional currency 28,ol4 64 the loan it obtained in order to the public Deposits held by national bank depositaries 13,209,524 18 ment on meet divi- coin 487,76s 32 Nickel and minor dends, and it is also said that the bank has I eea borrowing New York and San Francisco exchange 928,000 00 One and two-year notes, &c 45 50 money on consols in order to give support to the discount mar- certificates of deposit. June 8, 1872 35,000 00 Redeemed ket. If, however, that operation has been in progress, it has Quarterly interest checks and coin coupons paid 371,877 32 Begistered and unclaimed interest paid been far from successful, as the value of money in the outside United States bonds and interest Interest on District of Coliunbia bonds 1,012 98 market has been steadily declining during the week. The 122,394 25 Speaker's certificates total of "other securities" has fallen off to the extent of £516,395, Pacific Railroad interest paid 60 00 indicating that the bank has been doing but little discount 3322.673,582 95 business. The amount is now £21,442,185, against £18,106,756 last year, the increase being probably due to loans to the Stock ||!l0ttjetar8| CfPommjercial %nQXisU ^ews Exchange. The money market closes with a firmer appearance, BATES OF EXCHANGB AT LONDON AND ON LONDO^ owing to less favorable exchanges ; but the demand for money AT LATEST DATES. for mercantile bills is by no means active. The rate for three to cent. aXOBAJfOE AT LONDON— Oct. 22, SXOHANOS ON LONDON. months bills has been from 4 4^ per The following Latest _. are the present quotations for money : Sate. On- Time. Bate, Date. ^"^ Fer cent. Open market rates Percent. Bank rate 5 4 months' bank bills 41494^8 12-3 Short. 12 -IS 4J4®4 Amsterdain . Short. •a]2-4 Oct. 22 Open-market rates— 6 mouths' bank bills 38 AiiL3ter4 ®12-5% 30 and 60 days' bills 414 4 <& 6 months' trade bills. 435 JLntwerp 2o'70 ®25-75 Oct. 22 Short. 25'42 3 months' bills *i4 20-74 320-78 Oct. 22 20-47 Hamburg . . The following are the rates of interest allowed by the joint- Berlin 20-74 ®20-78 Oct. 22 20-47 Frankfort... 20-74 ®20-78 Oct. 22 2047 stock banks and discount houses for deposits : Copenhagen. 18-45 ® 11-48 Pel- eeni. St.Peters'bg. 2.'i 16325 Joint-stock banks aij Paris... Short. 2o-37's»25-47i« Oct. 22 Short. 25-29 "s Discount houses at call 3's Paris 3 mos. 25-67isa25-72»« Oct. 22 3mof. 25-34 do with notice of withdrawal 3% Vienna ll-97>aa 12-0212 Oct. 22 Short. 118-30 Madrid 471^347 Annexed is a statement showing the present position of the Cadiz 4738314718 of England, the Bank rate of discount, the price of eon- Bilbao 47 ®4(i''8 Bank Genoa 25-95 ®26-55 Oct. 22 3 mos. 24-45 sols, the average quotation for Eaglish wheat, the price of Iilsbon Sl^saoi^ cotton, of 40 male twist, fair second Alexandria . Oct. 19 3 mos. 95 14 middling upland No. 47914 New York... Oct. 22 Short. quality, and the Bankers' Clearing House return, compared Bombay .... 30 days Is. 711i«d. Oct. 22 4 mos. Is. 8i8d. Calcutta .... Is. 7iii6'l- Oct. 22 Is. 8isd. with the three previous years. Kong.. 3s. flifld. Hong Oct. 22 1881. 1880. 1879. 1878. Shanghai. Oct. 22 58. I°8d. Circulation, excluding £ £ £ £ [From our own correspondent. bank post bills 26,065,210 26,955,845 28,524,200 30,081,585 Public deposits 3,331,170 4,38C,3-i7 4.936.6.33 2.929.211 London, Saturday. Oct. 22, 1881. Other deposits 25,488,565 28,178,535 32.862.392 27.8.59,388 The directors of the Bank of France have at length advanced Governm't securities. 14.920,269 16,363,070 19.170.328 10,337,672 Otlier securities 21,442,185 IH. 106,756 17,873,855 23,311,846 their rate of discount to five per cent, and the Continental Res've of notes & com. 10,347,168 16,002,714 18,733,664 9,166,261 Coin and bullion in money markets generally present a firm appearance. On the both departments.. 21.262,378 27,938,559 32,257,964 24,247,846 other hand, owing to the very moderate supply of mercantile Proportion of reserve to Uabilities 35-61 48-72 bills and to the improvement in the American exchange on Lon- Bank rate 5 p. c. 2isp. c. 2 p. 0. 6 p. 0. Consols 9914 9919 98 9414 don, the value of money in this market has been declining, and, Eiig. wheat, av. price. 47s. Id. 4l8. 5d. 49s. 9d. 398.3d. 4llthough the official rate remains at 5 per cent, bills have been Mid. Upland cotton... 6%d. 6=81. 76i«d. 59,8d. No. 40 Mule twist.... 10%d. lO^il. lOd. G^d. taken in the open market as low as 4 per cent. Our position, as Clear'g-houBe return. 117.61 1.000 130.005.000 88,600.000 81,414,000 far as the value of money is concerned, has again become one About £450,000 in gold have been received from various quar- of some uncertainty. The improvement in the American ex- ters abroad during the week, but chiefly from Holland; but the change is sufficient to prevent any renewal of the demand for week closes with more doing for export. The silver market ^old for export to New York, but any return of the supplies has been dull, and very little demand has existed on Indian \rhich have recently been taken away from us, or a portion of account, the principal inquiry being for the Continent. The them, is by no means expected. The rise in the valu3 of money usual amount—£350,900—of India Council bills was offered for on the Continent and the downward movement in London have sale at the Bank of England on Wednesday; but only a small materially altered the position of affairs. During the past ten portion was disposed of at Is. 7%d. the rupee. The price of days moderate supplies of gold have been received from Conti- silver has been declining during the week, and Mexican dollars nental sources, and these had some influence in cheapening the are also cheaper. The following quotations for bullion are alue of money, but this week .the Continental exchanges have from Messrs. Pixley & Abell's Circular: declined, and the receipt of further supplies is doubtful. Evi- OOLD. ». rf. »• <*• dently, however, there is no reason for believing now in any Bar gold, fine per oz. standard. 77 9 « Bar gold, containing 20 dwts. silver, per oz. st.indard. 77 10>a» increase in the official rate of discount. There is already a dis- Spanish doubloons peroi. 73 10 ® oz. a parity of quite one per cent between the Bank and open South American doubloons per 73 9 United States gold coin per oz., none here « market rates, and except as a matter of urgency the directors Uerman gold coin peroz '9 <*• of the Bank of England are by no means likely to make a BII.VER. a.O. Bar silver.flne per oz. standard. 5ii3,«a change. The position of affairs on the Paris Bourse is far from Bar silver.contain'g 5 grs.gold per oz. standard. 323i« ® 55l6,j» satisfactory, speculative activity having assumed dangerous Cake silver peroz. Mexican dollars per oz. nearest. 51 » proportions. A good many failures are expected to take place, Chilian dollars per oz. « Quicksilver, £6 15s. Od. to «7. Discount. 3 per cent. and they may be productive of some little disturbance, but the The following are the current rates for money at the princi- effect cannot be in any way permanent. In fact, if these pal foreign centres failures must take place the sooner the collapse occurs the Bank Bank Open better, Oiten as a very unhealthy condition of things has been known rate. market rate. markeU Pr. el. Pr. «<. to exist for some time past and an unfavorable effect has been Pr.el. Pr. et. Paris .. 5 4\ Madrid k. other produced. The general business either of this country or of Brussels 4>i 4% Spanish citie* 4 ' Amsterdam . . 4 4 St. Petersburg... 6 5Jl France cannot be much affected, if at all, while the breaking 3»9 up Beriin 51a 514 Geneva 3«« of ipeculative cliques will be a Frankfort 518 Genoa •* gain. JS"* Vienna .. 4 3'8 Copenhagen S^a This week's Bank return shows more favorable results, and Bombay 7 ••• : NOVBMBKR S, 1881.J THE CHRONIOLE. 48» this week are disap- The railway trafBc returnH pnbliuhed Very little Russian wheat is finding ita way to the Britliih marketa pointing, and the value of British railway shares has had a A market has been found for the Black Sea Hhipmt-nts at Mar- downward tendency. In some instances, as in the case of the seilles and other Mediterranean ports, and as the ports of Odeau, London & Northwestern undertaking, the reduction is attribu- Taganrog and Azof will soon be clotted to navigation, we slu^U table to the loss of Irish traffic, caused by the distressing condi- not be able to rely upon any Rnasian supplies nf importaaee tion of affairs in Ireland. The repressive measures which have until the spring. There se«ms to be no reason for believing in been tardily adopted by the Government are, however, expected much change in the value of wheat, tlillers are jast now oper- to have a good effect, and there is much hope that loyal Irish- ating with much caution; but merchants do not preaa sales, and men who were powerless during the time when the Land only a small decline has to be recorded in prices. Present Leaguers were allowed to have pretty much their own way, prices are regarded as sufficiently high to attract the snppltee win see that their interests will be benefitted by counteracting we require; but as we are not threatened with any superabund- in every way the subversive doctrines advocated by the Land ance, there seems to be no room for a fall. It majr how- League. The latest news from Ireland is more hopeful; but it ever be remarked that the Continent is taking very little remains to be seen whether the League is crushed or only sup- wheat from America. Russia sspplies it chiefly, and conse- pressed for a time. Foreign stocks have been dull, and are quently the American, Australian and Indian marketa are weaker, the principal exception being United States Govern- left more free to us. This is obviously in favor of quiet mar- ment bonds, which have been steady. Continental stocks, and kets, if not of easier prices; but the fact remains that in a ttrm especially those which are freely dealt in on the Paris Bourse, weeks the shipments of wheat from Russia will cease for the have been depres.sed, but there are now some indications of season, unless produce can be brought overland by railroad " improvement. The next " liquidation on that market is, how- and still leave a profit. Prices in western Europe, however, are ever, anticipated with more than usual anxiety, owing to the by no means likely to rise to a point to admit of the operation dangerous extent to which speculation has been carried. The proving remunerative, and consequently Russian wheat, not- market for American railroad bonds has been decidedly weak, withstanding the good crop in Russia, will not be a plentiful and prices have been falling daily. commodity until after the re-opening of the navigation next year. The traffic receipts on fourteen of the principal British rail- During the week ended October IS the sales of home-grown way companies' lines since the 1st of July have amounted to wheat in the 150 principal markets of England and Wales f16,680,575, against £16,144,420 last year; showing an increase amounted to 61,398 quarters, against 56,471 quarters last year of £5.36,155. On the three principal Scotch lines, since August and 26,122 quarters in 1879; while it is computed that there 1, they have been £1,474,028, against $1,394,557, being an were in the whole kingdom 245,600 quarters, again-st 226,000 increase of £79,471. quarters and 104,500 quarters. Since harvest, viz., in a period The following letter of complaint appears in the Times this of eight weeks, the sales in the 150 principal markets have morning under the head of "A New Regulation" been 332,283 quarters, against 309,978 quarters and 136,018 To the Editor of The Times : quarters, the estimate for the whole kingdom being 1,329,160 Government (of SiK: Wonders never cease. The American quarters, against 1,240,000 quarters and 544,100 qnar. all governments) seems anxious to support the English Fair ters in the two preceding seasons respectively. Without Trade League by virtually refusing to recognize trade in other ex-granary at than EnglLsh-made goods between this country and the United reckoning the supplies of produce furnished States. the commencement of the season, it is estimated that the fol- con- We are warehousemen, holding a large stock of various lowing quantities of wheat and flour have been placed upon tinental manufactures. Yesterday we were favored with a the British markete since harvest. The visible supply of wheat visit from a New York customer, and succeeded in selling him States is also given: a certain quantity of goods (partly of Austrian, German or in the United French make), which had been a long time in stock and were 1881. 1880. 1879. 1878. not found suitable for this market. This transaction the rmnorts of wheat cwt 10,204,151 11,435.601 11.370.764 8.639,991 1,006,273 American Government, by its representative here, refuses to ta^rtl"^ou?.!T; 1.712:225 1,691,506 1,691.261 recognize. ^1^a^.^T.'!'y°r° 5.759.000 5,373.000 2.358.610 8.005,000 On presenting triplicate sets of invoices to the consul for legalization (without which formality no merchandise can enter Total 17,705.976 18,500,197 15,120,665 17,651,264 the United States), the consul refused to certify same, on the Deduct exports ot wheat and flour 1 74,039 258.891 222.198 452,389 plea that the goods described therein were of foreign origin, and must be invoiced from their native place; that we had bet- Result 17,531,937 18,211,303 15.198,467 17,193,876 price of EnRllsli . .„ .. ter appoint agents in the various places of production, where Av'ge 8d. wheat for season (qr.) 508. Id. 41». 5d. 17s. lid. 42'. we are in the habit of buying goods, &c., so as to invoice goods Visible supply of wheat ,..,^„^^ bought in " this city" from some obscure place in Germany, IntheU. 8 ...bU8h.20,250.000 14,400.000 Austri.i, &c. imports and exports of grain into and from the United This seems so utterly absurd that we think it our duty to The eight weeks of the season, compare draw public attention to it, and trust you will deem this letter Kingdom during the first three previona of sufficient interest to insert. We are, sir, yours obediently, as follows with the corresponding period in the October 20. Impoeterb. seasons. mroRTs. Since the heavy gale of last week we have had several days 1881. I8SO. 1879. 1878. of bright autumn weather ; but we are now having rather ^i:l^S:ISi presents -*-^$:i$^;JSI ^iiSS^itSl "" l:»4 strong gales from the eastward, and the weather an ^Z- 2,191,820 2,557,899 1,724.230 §^.^.::::::::::::::::: i.99Z;«?? 268.530 unsettled appearance. The list of vessels reported on Lloyd's 294,635 103,932 318.282 222.265 12H.S98 211.475 Loss Book, between midnight on Wednesday, October 12, and Beans'".".""." 3.865.125 6.299,289 [ndlan com 7.10S,736 5'5^?''52i 1,691,596 1,691,261 1,006,273 midnight, Wednesday, October 19, is a very serious one, and Flour 1,7*2,225 the gale proves to have been one of the most disastrous both to BXrOKTB. 1881. 1880. 1879. '§78. life years past. The weather of and property known for some owt 153,815 235..^20 174.767 435,933 Wheat 3.!\79 17.233 late has, however, been sufficiently favorable to enable farmers 7,396 1.612 Barley 29,890 3.S37 1.322 Oats 62.748 to make satisfactory progress with field work, and a large 8.964 15,870 13,931 3.081 Peas 9.794 3.808 88ft for Pre- Beans 7,728 quantity of roots has been stored winter consumption. 49.OT8 35,710 219,505 54.012 [ndlan iim"!:."!:.... 17.431 ie.4S» parations for autumn sowing have also been successfully carried Flour 20.iii 23.374 thresh of our exports of on, and farmers have been able to find time and labor to The following return shows the extent larger the con- and of colonial out quantities of grain. Dry winds have improved British and Irish produce and manufactures, marketing during the month of dition of the cereals sent to market, and farmers are and foreign wool to the United States September 30. about 250,000 quarters weekly. The wheat crop has thus far September and during the nine months ended yielded the farmers comparatively favorable results about 1,250,- compared with the previous year: 000 quarters having been disposed of at an average price of rather xXFom. more than 608. per quarter. In leas than two months a large 2.a2.X«» inroad has been made into our small crop, and although we are ,^T(7 27^%. 2.5» Alkali owt. 58.219 _4B,l«a ....£ 6969 8.113 now rather less dependent upon foreign supplies, yet it is quite Apparel and slops. 751,505' Ba^s and sacks doz. 54618 67JS85 3?*.»t» 1485 2.181 15.388 16.10» evident that this condition i f things will not be of long dura- B.-er and ale ...... bbls. i'^S^ li 51390O 66.038300 84,077,400 Koods,. ydsyds. 1.525,300 6,513,900 «».^^ tion. Our have been Cotton_ „.piece 69.515 ^98,796 "eiS.iaS619.186 imports of wheat and flour since harvest Eartlicnw.ds jiorcclam.* 77,331 about 1,000,000 cwt. corresponding period of Halierdashery and mil- less than in the 63,440 46.828 396.805 342.19S linery * 361.763 S65.82T last season; but the deliveries of home-grown produce show a cutlery.* 12.663 41.872 Hardware and 13.016 5tM.013 308.932 Iron—PlK tons. 26.061 small increase. It is thought that there has been some accu- 1,090 17.039 9.154 Bar. &c tons. 1.170 11,531 86,821 173,775 S4S,44« mulation of stock of late, but it cannot have b«en considerable. Railroad tons. . — ...... : 4if0 THE (CHRONICLE. [Tou XXXIIl, , hi September.- . , In Nine MotUlis.- The following table shows the erports and imports of specie Hoope, sheets and 1880. 1881. 1880. 1881. a/f, the port of New York for the week ending Oct. 29 and since boiler plates . . .tons. 2.184 5,522 38,163 29,304 Tin platts tons. 13,865 16,07^1 134,156 129,586 January 1, 1881: Castor wrouglit.. tons. 2,983 32» 14,915 4,543 EXPORTS AND IMPOBTS OF SPECre AT N8W .YORK. Old for rcinauuft.tons. 4,571 6.692 189,154 66,153 St«cl—Uiiwi-ouglit.tons. 1,304 12,632 32,974 87,446 Bzporlt. Imports. Lead—Pig, . . . In September. , In Hine Months. 1880. 1881. 1880. 1881. Auction Sales.—Messrs. A. H. Muller & Son sold the follow- 83,498 Iron riiils tone. 3,880 5,922 78,755 ing at auction Btcel rails 10,052 20.111 92,866 156,773 Shares. Shares. Bazllob narliet Reports—Per Cable. 30 N. Y. Equitable Ins. C0..I5OI2 2 Sterling Fire Ins. Co 64 36 Firemens' Ins. Co 97 8 Republic Fire Ins. Co 75 The daily closing quotations for seaarities, &e., at London, 50 Brooklyn Fire Ins. Co. ...195 25 Hanover Fire Ins. Co 153 30 iEtna Fire Ins. Co. (80 5 Harlom Bridge Morri- and for breadataffs and provisions at Liverpool, are reported percent paid) $33 sania & Fordham BR. 120 Firemen's Fund lus. Co. Co $51 per share by cable as follows for the week ending November 4 : (Receiver's certittcate, 68 Second Avenue RB. Co.. 12519 70 per cent paid) $25 17 Central Park North & London. Sat. Mon. Tiies. Wed. Thurs. Fri. 20 Fulton Bank, New York.l35x East River RR. Co 131 54 Bank of New York Nat. 10 Old Dominion SS. Co Ill Silver, peroz d. 51^8 52 51i5ia 511316 5116,8 Banking Association ...144 Bonds. Consols for money 995,9 9»9ia 99;;,« 9y«,B 30 Hanover Fire Ins. Co 155 $2,000 Brooklyn City 7s, Park JlRi''"'8 Consols for account 995i8 99»j8 9G7i6 99 's 99 400 Syndicate Min. Co. $6 50 p. Bh. bonds, due 1913... 140 and int. Fr'ch rentes (in Paris) f r. 84-40 84-75 34-95 85171a 83-35 100 N. Y. Gaslight Co IO419 30,000 Gulf Colorado & Santa . . of 1st U. S. 5s ctt'n'd iuto 3»2.s 1041a 105 105 , 105 103 20 Metropolitan Gasl. Co. 149 Fc Railroad Texas U. S. 4Jas of 1891 1161a 1161s 4 II6I1 1161a II6I4 35 Bank of North America.. lOSH mort. 7 per cent bonds. U.S. 48 of 1907 1191a 119% ? U9ia 119% 119% 30 Centrnl .Valional Bank ..130ia Interest .lanuary and July Erie, common stock 4614 4638 w 46 47^8 4818 63 Long Island Fire Ins. Co. 118 (hypothecated) llOiaSlll 133 13512 135 13 I35I3 136 20 Republic Fire Ins. Co ... 75 50,000 La. State 8 s. redeem- Pennsylvania 68% 68% 681s 68 14 6818 7 N. Y. Eciuitable Ins. Co.. 156 able March 1, 1868 ..$14 p. bd. Phila Maine. 1,506,180 317,000 764,700 1,081,700 203,624 National Banks.—The following national bank was organ- N.Hampsh 613,165 72,997 55.800 128,797 23,686 Vermont.. 2,000.360 351,097 1,753,010 2.101,137 746,938 ized last week. Mass.. 21,510,990 234,800 9,680,700 9.915.500 1,506,080 2,581—The Peoples' National Bank of Norristown, Pa. Authorized Rh. Island 3,396,600 32,3.50 1,409,885 1.442,235 331,908 capital, $100,000. A. A. Yeakle, President; Lewis Styor, Conn 4,412.970 63,350 3.731,030 3,796,380 1.420,476 Cashier. New York. 28,141,215 2,651,693 30,520,580 33,172,273 7,170,820 N.Jersey.. 2.899,335 467,603 2.363,137 3,030,740 1,097,827 Imports and Exports Week. The imports of last for thb — Penn 16,383,230 1,311,226 12,145,871 13,457,097 5,108,018 week, compared with those of the preceding week, show Delaware. 277,275 a decrease in both dry goods and general merchandise. Maryland. 2,002,310 166,600 1,718.380 1,884,980 75,174 530,060 962,724 97,366 The total imports were $7,580,223, against $10,214,552 the pre- Dist. Col. 457,000 432,664 Virginia .. 1,101,800 919,369 1,036.010 1,955.379 265,166 ceding week and $8,411,665 two weeks previous. The exports W.V'ginia 226,810 731,060 386,685 1,117,745 140,455 for the week ended Nov. 1 amounted to $5,910,615, against N.Carolina 1,235,660 128,200 1,147.585 1,275,783 209,991 161,443 $6,590,674 last week and $7,164,162 two weeks previous. The S.Carolina 180,700 1,187,380 1,187,380 99,032 Georgia. . 542,330 330.925 437,675 763,600 following are the imports at New York for the week ending Florid.^ . . 72.000 (for dry goods) Oct. 27 and for the week ending (for genera) Alabama.. 207,000 90,000 179,100 269,100 86,826 merchandise) Oct. 28; also totals since January 1: Mississippi 221 Ijouisiana. 1,623,110 2,039.2.50 2,755,663 59,799 FOREION IMPORTS KliW YORK. 656,413 AT Texas 489,600 61,290 229.340 290.630 42,240 For Week. 1878. 1879. 1880. 1881. Arkansas 171,000 171.000 171,000 8,998 Kentucky. 4,621,380 629.867 2.173,833 2,803,700 832,637 Dry Goods $1,317,652 $1,256,578 $1,264,137 $1,696,732 Tennessee. 848,770 370,401 551,859 922,260 146,057 4,nOi,585 647,353 Qen'lmer'diBe.. 4,753,54S 5,0;i2,579 5.785,699 5,883,491 Missouri . 1,013,360 1,043,450 3,862,135 Ohio 5,683,560 1,704,597 4,651,034 6,355,631 1.979.636 Total $6,071,200 $7,049,886 Indiana... 3.900.850 1,414,.597 7,8.59,083 9,273,680 2,757,933 $6,279,157 $7,580,223 1,711.005 Since Jan. 1. Illinois 3,460,925 1.884,334 7,706,046 9.590,380 3,774,275 1,297,792 iJry Goods $66,573,906 $80,210,277 $109,312,242 $96,169,607 Michigan . 2,454,310 530,800 3,237,475 Gen'lmer'dise.. 177,213.639 191,586,480 304,058.830 209,151,187 Wisconsin. 1,253,030 680,800 1,239,589 1,940,449 527,790 Iowa 1,980,700 858,069 1,760,615 2,619.284 468,543 Total t243.787,54S *274.796.757 $413,371,072 *363.320,791 Minnesota 1,165,100 554,493 1,883,445 2,437,940 7.62,740 257,498 Kansas . . 269,080 781,721 316,550 1,093.271 In oar report of the dry goods trade will be found the impons Nebraska 260,400 45,000 449,980 494,980 216,506 • ' 1,718 of dry goods for one week later. Nevada . . 36,000 296,625 16,916 The following is a statement of the exports (exclusive of Colorado.. 721,800 147,225 149,400 196,800 337,991 12,608 Bpe KoviMBKR 5, 1881.] THE CHRONICLE. 491 Statement of the Comptroller of the Carrency on Nov. 1, bonda new bond* bearing 5 p«r ««Dt for tbre« yean from 0«t. 1 1881, showing the amountt) of National Bank Notes and of Lecral and 6 thereafter. 3. Fund all aceraed intereft, amoonting to Tender Notes outstanding at the dates of the passage of the 28 per cent, into 7 per cent income bonds. 8. Asmm stock 10 A;t8 of June 2(), 1874, January 14, 1878, and May 31, 1878, per cent for the purpose of paying off the flMting debt, the together with the amounta oi|t8taiiding at date, and the purchase of new equipment, ko., and give ineome bond* for increase or decrease: amount of aMenmente. National Bank rfiUes— In order to carry out ^ . . the plan and Insure the payment of the 20, 1874 $340,894,182 Amount oiitHliindiiiKJuiio as.sessment on the stock, (Charles Pantons AnioiiiitoiitKtmidiiiK Jiviiiiary 14. 1876 3.'il,861,4S0 has presented to the AmoiintoiitntiiiKlliiK May 31,1878 !)22,55ft,9fl5 Farmers' Loan & Trust Company—trustee of the mortgage— AinouiiloiilKtiimlinniitilatc * 330,422.738 $530,000 of the first consolidated bonds (being more than one* IiicrciUiO (liiririK llio laxt iiimith 1,6152,248 tenth of the outstanding bonds) and request^ it to advertise liicreiiBel flinco Nov. 1,1880 16,001,57« Leatd Tender Xotes— and sell the road in the manner provided for in said mortgage. oiilKtaii(liiij,'.Iiinc 20, $382,000,000 Amount 1874 St. PanI Dninth.—The net income of St. January 1875 382,000,000 & the Paul Sc AmountoutHtandint; 14, Dulnth Railroad Amount ictlrod under ait of Jan. 14, 1876, to May 31. '78 35,318,084 Company, from June 27, 1877, to July 1. 1881, Amount ontstaudiuK on and sino-oMay 31, 1878 346,681,010 is reported as f1,378,922, of which S268.460 was osed br Amount on deposit with tlio U. S. Trcimurcr to redeem order of court in the final payment of debts of the old organf- insolvent and Ilqnldatlns banks, and banks notes of zation (Lake Superior Mississippi retiring einulallon under Act of June 20, 1874 30,702,690 & Railroad Company) ^107.- Dcci-oaso in deposit dnrlng the last month 1,134,328 862 has been expended in improvements, extensions and Incroiise in dciiosit since Nor. 1,1890 10,142,581 additions to the property, $30,382 has been left as a sinking fund, and of the balance, |470,560 is now appropriated to the ' Circulation of national »roI 68, extended at S^a. . 1,949,300 53,741,600 55,690,900 to the Wisconsin Railroad Commissioner shows the following figures : Total $15,590,500 $369,588,500 $385,179,000 1880 1881 New York & Texas-Mexican.—A press dispatch trom Gal- Total income $932,! 80 $1,202,025 Operating expenses. 668,006 800,826 veston, Texas, Nov. 1, says: Work on the New York & Texas- Excess of income 401,198 425.122 Mexican Railroad is advancing rapidly. Six miles of steel rails Taxes 11,134 5,387 have been laid. Eight thou.sand tons of rails have been pur- Interest accrued during the year 58,000 10,000 Balance for year 134,784 220,134 chased, which is sufficient to lay the track to Victoria, 100 miles EAKNIK08. west of Rosenburg Junction. Over fifty miles of the road have Throufh passengers $426,502 $ been graded. The President of the company says the road will Local passengers 247,520 219,661 be completed by Feb. 1, 1882. A large force is now E.tpress and baggage 11,430 1,086 engaged grading the line east from Victoria and west from Mails 25,803 27,608 From other sources - 4,463 6,264 beyond Wharton. Six iron bridges have arrived for use across Total imssengcr earnings 331,685 205.506 streams intersecting the line of the road. From local freight 669,803 589,623 From through freight 184,853 101,113 Oregon Pacific Kailroad.—The company furnishes the fol- From other sources 10.683 6,878 lowing from the Daily Oregonian of the lith instant Total freight earnings 870,339 697,621 "The Oregon Pacific Railroad Company has now in their The capital stock is $11,435,500. employ 9C0 men, and to this number 300 more will be added —We are informed by the New York agents that subscrip- next week. They have four saw mills in operation, and another tions to the preferred stock of the North Horn Silver Mining will be completed next week. These figures do not include the Company are coming in at a satisfactory rate. men employed on the tunnels, bridge and trestle work, as these are separate contracts outside of the company's pay-roll. The government work at Yaquina is progressing finely, and the BANKING AND FINANCIAL. tramway now reaches deep water. The sand is banking up on each side, being now some nine feet deep, which adds consider- BANKING DEPARTMENT. able to the progress of the work." Richmond it, Danville.—In the Chronicle of October 15, Office of riSK & HATCH, Bage 413, is a list of 2,006 miles of railroads in the Richmond & anville system. The Atlantic Tennessee & Ohio Railroad, re- No. 5 NASaA U STREET, cently acquired, adds 47 miles more, making a total of roads in Hew Tobk, 1881. operation owned and controlled by the Richmond & Danville Railroad Company of 2,053 miles. The net annual fixed charges In answer to nnmerons letters of inquiry as to the terms on which we of banks, bankers, buslneas Urms and Indlv" on these properties are given as follows : receive deposit accounts Equivalent Iduals, we issue this circular for the general Information of those who to 6 per may desire to open accounts with a private banking hcose In this city. MUex cent on per the terms mentioned below, to receive the Of road. Amount. Per mt'e. mile. We are prepared, on Richmond & Danville RR. Co... 757 O $1,124,216 $1,485 $24,570 accounts of responsible parties In good standing. Kicbmond & Wtst Point Ter- 1. Except in case of banks, savings banks, or other well-known corpor- minal Railway and Warehouse character standing are Company's roiuls 1,174'3 849,530 724 12,066 ations, or of individuals or firms whose and Atlanta & Charlotte Air Line already known to us, we require satisfactory references before opening branches 70-0 15,050 215 3,583 an account. the averag Total 2,0013 $1,988,796 $994 $16,566 2. We allow Interest at the rate of 3 per cent per annnn on e Fifty-two miles of the branch roads of the Virginia Midland monthly balances when the same amount to $1,000 or over. On ac- Railway are leased to the Baltimore & Ohio Railroad Company, counts averaging less than 81,000 for the month we allow no interest. and do not therefore appear ia this mileage. 3. We render acoonuts current, and credit interest as above, en the Georgia Pacific Railway.—The Georgia Pacific Railway last day of each month. has been projected from Atlanta through Birmingham, Ala- 4. For parties keeping regular deposit accounts with us we ooUeot bama, across the Mississippi River to Texarkana, Texas. The and ci-edit United States, railroad and other coupons and dividends portion ot the line from Atlanta to Anniston (where it crosses payable in this city, without charge; m.ike careful inquiries and give can obtain reepootina investments or other the Selraa Rome & Dalton Railroad), a distance of 100 miles, is the best information we matters ot linancial Interest to them; and in general »er\-e their interests now under contract will very shortly and be completed. The in any way in which wc can be of use to thorn in our line of boslness. building all of the Georgia Pacific Railroad from Atlanta to 5. Wc do not discount or buy couunercial paper, but are at Umes on tJ. 8 Texarkana is projected, for the purpose of giving the Rich- prepared to make luivaucos to customers and correspondents bonds or other tlrst-olass and marketable securities. mond and Danville system a direct line for trade and travel 6. All deposits are suUfect to obeok at sight without notice. between the Southwest and the Southern and North Atlantic States, and also for the purpose of opening up the coal and of our firm is a member of the New York Stock Exchange, and we iron fields One of North Alabama, and the cotton growing section give particular attention to orders by mail, telegraph or in person for known as the Yazoo Delta of Mi.'wissippi. Uie purchase or sale of Bonds and Stocks on Commisslou Rome We continue to buy and sell .direct, without commission, all isinos Watertown & Ogdensbnr?.—The reorganization com- and denominations of United States Bonds for iianiccllatc delivery at mittee, consisting of Messrs. Samuel Sloan, G. D. Morgan, Percy eurrent market rates, and make exchanges for National Banks in the without trouble to them. ^- Py^i Charles Morgan, and Cbas. Morgan, Jr., met in this city Banking Dcpartiueiit at Washington, Our "Memoranda Concerning auvcmiucnt Bonds" wUl be sent poet- en rhuTsday and adopted following plan: the paid on application. 1. Give in exchange for ont«tandhig first mortgage consol. FKK * HATCH. . : : . 492 THE CHRONICLE. fVoL. XXXIII, nental orders for cotton have made up the deficiency, in « measure, in the supply of exchange. It is also intimated that the course of our railroad stocks and bonds has been to, in place dividends: of from, the London market this week, and this adds to the sup- ply of bills on London. In the domestic exchanges the terms dividends have recently been aunouuoed The foUowlne this week have rather tended in favor of New York from the cities, and but slightly against this point at Per Wlien Books Closed. neighboring Name of Company. cent. Payable. (Days inclusive.) Chicago. At the cotton ports the rates are at steady small dis- Railroads. counts. Boeton, Coucord &. Montreal prel. 3 Nov. 15 Quotations for foreign exchange are as follows, the outside Clnciuuali,Siin. & Cleve.pref 3 Nov. 1 4 Nov. 1 Oct. 21 to prices being the posted rates of leading bankers : 4 Nov. 30 Nov. 1 to iniscellaneoas. $2 Nov. 15 Nov. 2 to Nov. 14 November 4. Sixty Days. Demand. Prime bankers' sterling bills on London. 4 80i3al81 4 S4>a®4 85 NEW YORK, FRIDAY, NOVEMBER 4, 1881-5 P. M. Prime commercial 4 79%®4 8OI4 4 xSi^al 84 Documeutar.v commercial 4 79 ®4 79H! 4 83 a4 83^ Market and Financial Situation.—The price 21J4 The Money Paris (francs) 5 27^4 as u'614 5 23^®5 of money to the stockbrokers and on mercantile discounts has Amsterdam (Kuilders) 3358» 39% 40 ® 4018 Frankfort or Bremen(reichmarks) 93 ® 95>8 undergone no very decided change this week ; but the market has a more healthy look at the close, with the prospect of an United States Bonds.—Government bonds this week have easy supply at 5@G per cent for some time in the immediate varied nearly 1 per cent on the 3^ per cents August (extended realized but for the future. This calculation might not be 5 per cents), on the belief among the great dealers that the plethoric condition of the United Stat«s Treasury and the rea- Treasury would call in all the 6 per cent extended bonds at 3^ sonable certainty that the new administrator of the Department before disturbing the extended 5 per cents. There wa.-J less will apply the surplus more rapidly ttian his predecessor to the firmness in the bidding at the close of the week for this class of redemption of the matured 5 and 6 per cent bonds of 1881 in 3%s. The registered 4^s are now called ex-December interest. their 3^ per cent extended shape. The 4 per cents continue firm at 116@116>^ and the coupon 4}^t Judge Folger, who assumes the place of Mr. Windom in the 113@113>^. The currency 6 per cents (Pacific subsidy) are held Treasury early next week, is comparatively a new man in finance, out of the market and the bidding is very high. the duties before him are less difficult than for any Secre- but The following circular was issued by the Treasury Department tary since the close of the war. He will find himself literally this afternoon: overwhelmed with cash resources and incoming revenues, and WASHiKaros, U. C, November 4, 1881. on each Wednes- the matured debt which he has to provide for has been placed Notice is hereby given that on Wednesday next and day thereafter throngii the present mcmth, and until otherwise ordered, at his call on 3^ per cent interest, and can, and no doubt will, the Department will redeem at the office of the Assistant Treasurer 01 the United States at New York, paying par and interest accrued to the paid off as rapidly as the surplus means to do so come be date of redemption, any uncalled U. S. bonds continued to bear interest into the Treasury. at a^ per cent per annum to an amount not exceeding two millions of dollars ($2,000,000) on each day mentioned. The report of the United States Treasurer for the late fiscal H. F. French, Actmg Secretary. year just been published. It shows that the receipts into has The closing prices at the New York Board have been as follows: the Treasury averaged $1,000,000 a day. This average has been increased to $1,230,000 a day since the close of the late year and Interest Oct. Oct. Nov. Nov. Nov. No-J. Periods. 29. 31. 1. 2. 3. 4. to the close of October of the current year. 313. J. lOO's 101 101 •101 101 101 Time loans or mercantile discounts are easier than on our last 68, continued at J. & continued at 3^.. q.-Feb. 102 10218 102 101 's 102 lOlT, 5s, •112 report at least per cent. present terms are ihta, 1891 reg. Q.-Mar. 113 113 *xll2 '112 11218 week's by }^ The •113 4»»8, 1891 coup. Q.-Mar. 113 1)3 113 113 •113 8@4 per cent on government collateral, and 5@6 per cent on 48,1907 reg, Q.-Jan. 116 IIHI6 "116i€ lieift 116 •116 •116 48, 1907 ooap. Q.-Jan. 116 116% 116it lie's 116 other good stocks and prime paper. •130 68, cur'oy, 1895. .reg. & J. 130 130 130 '130 •130 •1301« •130i« The Treasury has been moved to stop the exchange of silver 88, cur'cy, 1896.. reg. J. & J. '130»s •1301a 1301s •1301a >131 •131 •131 68, our'cy, 1897.. reg. J. where the paper medium is preferred to either gold or silver * Thl« is the price bid at the mormng board : no sale was made. coin. The reason for the new order is that almost all the stand- f.'^State and Railroad Bonds.—In State bonds the improve- ard silver dollars now in the Treasury have been covered by the ment in the Arkansas railroad issues is continued, without draw- issue of silver notes. The October coinage of these dollars has ing out many bonds. There has been a lively demand for not increased the amount in the Treasury against which notes Virginias deferred, on a growing hope that the new State of may be issued more than half a million of dollars, as there has Western Virginia will make some provision for this part of the been a demand for the coined dollars for popular circulation. debt of the old Commonwealth. There is a slight improvement in The Bank of England statement on Thursday showed a loss Tennes.see 6 per cent bonds. The lime is close at hand when the of £386,000 in gold, the reserve 11-16 per cent, against and was 37 Supreme Court of the State is expected to remove the injunction 87 15-16 the previous week; the discount rate remains at 5 per taken out by the repudiating party in June against executing cent. The Bank francs of France gained 7,475,000 gold and the 3 per cent refunding act of the Legislature. lost 10,475,000 francs silver. The statement of the Imperial There has been more doing in railroad bonds, partly for the Bank of Berlin exhibits an increase of 1,660,000 marks. re-investment of November dividends; but no new loans have been The last statement City of the New York Clearing-House brought out, and the previous loans brought to a pause by the banks, issued Oct. 29, showed a further increase in reserves, and turn in the money market in the summer are not yet moved by there is now a surplus of $4,710,800 above the 25 per cent the bankers and syndicates that brought them out. required by law, against $1,907,275 the previous week. Railroad and Miscellaneons Stocks.—In railroad and mis- The following table shows the ckanges from the previous week cellaneous stocks the speculation of the week has not been of a »nd a comparison with the two preceding years settled or confident character in either direction for the fall or the rise, but it may be remarked that for the last day or two the 1881. Diff'er'nees fr'm 1880. 1879. buying decidedl;)^ improved, the market being ltd by an upward Oct. 29. pretums week. Oct. 30. Nov. 1. movement in Erie common and preferred and bonds. The annual on the 29th mst., lioans &ad dls. *309.2o4.500 Dec.$2,036,000 $317,880,200 e'ection for directors of this road takes place $271,238,600 the Specie 61,068,100 Inc. 2,708,700 66,372,400 29 673,300 and it is supposed that the arrangement of the ticket for Circulation . . 19.918.000 Inc . 2,),000 18.646.500 22,600.500 new; management has been agreed upon between the London Net deposits . 288.038,800 Inc. 1,395,500 302,582,100 231,412,000 voting on the common stock, and the Legal tenders. 15,652,100 Inc. 443,700 13,016,700 28,613,900 Committee, who control the recent buyers of the stock on this side. The stock closed this Legal reserve. $72,009,700 Inc. $348,875 $73,645,52.-, $58,603,000 Beserve held. 76,720,300 Inc. 3.152,400 79,389,100 58,291,200 afternoon at 47 M tier cent. The roads in the Vanderbilt interest, and also the roads con- Surplus $1,710,8C0 Ino .$2,803,525 $3,743,575 def. $311,800 trolled by Mr. Gould through his Wabash and Missouri Pacific systems, are firm and show decided confidence in the buying at Exchange. The foreign exchanges have been — alternately liQfl clORf^ of tuP W66K strong and weak since our last report between $4 80^ and The Elevated stocks have had a large advance this week, and andarevis $4 81^ to the pound sterling for 60 days' bankers' on London. the termination of the receivership of the Manhattan the New York and Metropolitan, The light exports of produce from New York should have made ion of the terms of the lea.se of have given life to all these stocks. exchange stiffer, and from the cotton ports the movement to In the closing dealings at the Stock Exchange the best pnce» Great Britain has been light, bat the French and other Conti- of the week, as the role, were fully maintained. ... X NOVBMBKR 6, 1881] J THE CHRONICLE. 493 RANQK IS PRICES AT THB N. Y. STOCK BXCHANQB FOR TflK WEEK, AND SINCE JAN. 1. DAILT HIOHXST AND LOWKST PRIOXfl. STOCKS. •iMOf Jm. 1, IMI. Yew ^ lacnmay, Mondar, Tnesdar, Wednesday, Thnrsday. Frtdsr theWMk, Oct. 20. Oct. 81. Nov. I. Nov. 2. Nov. Sf Nov. i! Bhana. LmraM, RICbMt. Um. Hl«k ICAII.KOAn^. 1^ SMKqiiphnniiA.... 138 lb»ny ISO JkD. 6 181 Mar 18 100 130 .t Alrl.tuo Bootun N. Y. 800 S6 494 THE CHRONICLE. [Vol. XXXin. Railroad Earnings.—^The latest railroad earnings and tlie New York City Banks.—The following statement shows the totals from Jan. 1 to latest dates are friven below. The state- condition of the Associated Banks of New York City for the ment includes the gross earnings of. all railroads from which week ending at the commencement of busine.ss on Oct. 29. columns the returns can be obtained. The under heading Averate amount »r " Jan. 1 to latest date" furnish the gross earnings from Jan. Banks. Capita;. Loans and ifet iepft 1 to, and including, the period mentioned in the second Specie. Legal other OircuJa- discounts. Tenders. column: than U. S. tion. % —Latest earnings reported—, ,—Jan. 1 lo latest date.—. WeekorJUo. 1881. 1830. 1881. 1880. New York 2,000,000 8.B1H.OO0 2.828.(t00 315,000 8.3-<5.000 495,000 Bouthem.Septemb'r- $70,704 $62,187 $541,495 $151,257 Manhattan Co... 2,050,000 7274.610 1,210.500 176,500 6.000.600 Ala.Ot. Merchants 2,000.000 6.591.200 888,400 748,700 6,573,500 360,000 Atoh.ToD. & 8. Fe.Septemb'r. 1.147,000 806,730 Mechanics'. 2.000,000 7.60r.00« 1.573.000 321,000 6.714.000 Bait. &Ohlo Soptemb'r. 1,540,002 1,593.313 Union 1.200,000 4.737.100 885.400 6 I5,BOO 4,117,000 Bost.&N.Y.Air-L.July* 25,306" 26,184 159.149 158,976 America 3,000,000 8.431. ;oo 1.710,300 591,600 0,491,300 1.100 Bur.C.RaD.ifcNo..3dwkOot. 45.786 42,528 1,752,061 1,604,067 Phoonii 1,000,000 3.42O.000 1,010,000 33.000 3.368.000 267,000 o.oai.ooo 3,502,1-00 Cairo & St. Loul8.3dwk Oct. 9,709 11,151 335,690 326,886 City 1,000,000 239.000 8,-203,400 I Tradesmen's 1.000.000 3.245.200 406,500 70.400 1.993.200 79'2,(W6 Carolin.1 Central August ... 43,016 34,499 Fulton 600,000 1. 651.800 530.200 175.900 1,578,800 Central Paolflc...8cpteinb'r. 2, 293,000 1,964.996 17.141.272 14.283,192 Cliemlcal 300,000 13.130,300 2.846,500 333.600 )2, 460,700 .... Ches, ftOlilo Scptemb'r. 247.144 247.303 2,031.219 2,003,685 Merch'nts' Exch. 1,000,000 3,35:1. 100 118,900 463,800 3,06 ;.30C 731.700 Chicago & Alton .3(1 wk Oct. 182,733 201,855 6.014,524 6.258,090 Gallatin Nation'! 1,000,000 4.180.100 387,500 60,500 2 022.300 787.500 Chic. Burl, &Q...Aiisu8t ...2,173.915 1,834.321 13,160,850 13,267.569 Butcliers'&Drov. 300,000 1.673.100 330.900 52,300 1.313.400 250,900 Chie. AEast. m..2dwkOct. 34.034 30.506 Mechanics' & 'f r. 200,000 1,033,000 140,000 120,000 1,020.000 174.000 2CO.O0O 998,1)00 19.700 171,200 961,500 2,600 Chlc.&Q.Trk.Wk.end.Oot. 29 37,532 33,632 .: Leather Man'f 'rs 600,000 2,765,000 400.100 111,900 1,973.800 468.800 Chic. Mil.A St. P.4tliwkOct. 509,000 452,493 13,602,000 10.216,767 Seventh WarJ... 300,000 OIO.IOO 18I.8O0 50.900 89l..^00 .'32,900 Chie. & Northw. .October ...2,305,700 2,105,217 17.939,297 16,082,485 State of N.Yorli. 800.000 3,382,000 683.200 137,200 3.273.500 40,000 Chic. St.L&N.O.Aupcust... 257,700 224.737 2,36;t,223 2.070,425 American Bxoh.. 5,000,000 13.588.1100 2.32 .'.000 540,000 10.583.000 Chi.St.P.Min&O..4thwkO0t. 119,118 116.943 3,170,994 2,167,030 Commerco 5,000,000 14,»51.30( 2.0511.900 5-27.100 7.604.700 1,020.300 Chic. & W.Mich. -IstwkAuj; 20.224 14,382 596,406 467,228 Broadway 1,000.000 5.229,300 764,000 172,600 3,754,300 889,300 1,000.000 6,034,800 1,182,100 402,500 5.937,-200 796.600 Cin.Ind.St. L.&C.Scntemb'r. 219.977 243,627 1,696.882 1,765,036 423,700 2.1(6.400 419,800 226,600 2.550,100 Cincinnati South. August.... 225.000 148,437 Republic 1.500.000 5.021.80C 487,30(, 177,-00 2.031,600 1,125.000 Cln. & Bprin(?t. ..2d wkOot. 24.838 20.277 759.648 734,343 3,275.300 403,400 326,400 3.388.'200 45,1)00 CleT.Col.Cln.&1.2dwkOct. 93.628 99,419 3,496,789 3,482,089 III !.593.0J(i 140,900 93,500 1.736.600 5,100 Clev. Mt.V. &Del.;:d wk Oct. 8.019 7,982 335,76s 316,598 North America. 2 621.000 191,000 198,000 2.512,600 794,'266 Col.&Hock.V.,&c.3d wk Oct. 56,705 48,703 Hanover 1,000,000 7.370.000 826.800 1,004.700 7.080,400 Irving 500,000 3.014,3(10 388,200 235,S0O 2.879.500 431,000 Denver & Rio Gr 4th wk Oct. 207.521 152,973 5,006.664 2,709,798 Metropolitan — 3,000.000 14,765,000 2,909.000 134,00n 11.552,000 2,2.30.000 DesM.&Ft.Dodije.Sd wk Oot. 8,609 7,393 319.712 247.840 600,000 2.US.S0C 351,100 235,800 2. J 12,200 288.700 Det. Lans. &No..l8twk Aug 24,402 21,908 763,506 683,614 Nassau 1,000,000 3,028.20C •227,800 71,100 2.72-2,900 3,900 Dubaaue&S.City.Sd wkOct. 24,874 27,004 907.421 865,646 Market 500,000 2.9h9,!>0C 703,20U 115.100 2,621.200 450,000 Eastern ..August 332,000 302.389 8t. Nicholas SOO.OOfr 2.030,700 830,500 68.900 1.078.8IK 149.000 EaatTenn.V. &G.3 wksOct. 210.124 213.833 500,000 3.257,00a 715,1100 IIO.WO S.'ioO.OOJ 150,000 Corn Bxchange. 1,000,OIKJ 4,1 -5.30c 211,000 15-i.OOO 3.013.501 4.600 3'?.793 Flint &PereMar.3dwk Oct. 37.382 1,468,261 1,242,169 Continental. l,0O0,0;Kl 6,5S3,00C 1,596,200 119.700 6,635,400 763,200 Gal. Har.& San A. August.... 119.136 122.708 Oriental 300,000 1.092.700 86.000 S7O.O00 1.819.700 Gr't Western. Wk.end Oct. 28 101,195 120,579 4,306,118 4,203,996 Marine 400,000 3.103.000 584.000 2CJ.O00 3.506.00(1 45,000 Gr'nBay & Minn. 1st wk Oct. 8,718 8.371 Importers' & Tr.. 1,500,00*, 1 8.962, 700 5.868,800 114,400 21,624.500 1,108,900 Gult Col. &S. Fe.Septemb'r. 120,196 00,325 Park 2,000.000 15.23«.500 4,769,900 526.400 18.SO2.20C 45.000 197,600 Hannil)al.feSt. Jo.3d wk Oct. 49,002 50,395 1,773,551 2,001,580 Mech. Bkg. Ass'n 800,000 1,02«.«00 43.800 793.20(1 North River 240,000 076.400 81.000 1 -22.800 1,081,300 Houst.E.&W.Tex.Scptemb'r. 15,078 9,205 10G.539 73.186 Bast River 230,000 1.04T.900 143.700 93.700 842.400 323,800 Houet. & Texas C. 3d wk Sept 83.336 96,163 2.554,922 2,280,371 Fourth National. 3.200,000 17.325.30C 3,815.800 519,700 16,673,100 805,200 Illinois Cen. (111.). Scptemb'r. 619,669 623,725 4.905.397 4.711,165 Central Nat 2,000,000 7.790,000 523,000 1.488.000 8.020.000 ;.-214.000 Do (Iowa). Scptemb'r. 193,911 178,111 1,349,831 1,256,557 Second Nation'l. 300,000 3,3118.0 )0 639,000 310.000 3.700.000 75,000 llndlanaBl. 41,306 46,590 Ninth National.. 750,000 S.SO.i.SXi 992,600 2 15.90 J 5.487.6M 594,300 &W-3d wkOct. 3,313.50' tnd^Dec. & Sp...Septemli'r. 52.696 44.836 378,381 308,221 First National.. 500,000 13.58-2,000 1 23.90,-) 14.960.000 445,000 Third National .. 1,000,000 5.2)5.400 1.24f!.400 2113.800 5,491,9JU lnrr&Qt.North..3a wk Oct. 70.787 66.610 2,037,638 1,356,478 N. Y. Nat. Exch.. 800,000 1.493,000 150.500 1'2'2.200 1.153,800 270.000 Iowa Central Soptemb'i-. 101,068 88,551 Bowery National 230,000 1.642,700 105,1X10 1S6.OO0 1,503,000 221.900 K. C. Ft. S.&Gulf.lstwk Aug 28.506 20,432 838,497 650,934 N.Yorlt County.. 200,000 1,474.400 25,90C 521.400 1,933,800 180,000 liakeErieA West.SdwkOct. 26,746 26,456 1,113,762 896,302 Qerm'n Araeric'n 750,000 2,687,000 443,100 47.8A) 2.349.600 Louisa. & Mo. B.. July 41,279 40,537 249,231 248.132 Chase National.. 300.000 8,9l'7,700 1,037,300 7S,700 4 439.400 91,600 Fifth Avenue... 100,000 1,916.300 361,100 158.30 1 2 030 6 ,0 Louis V. & Nashv. 3d wk Oot. 226.800 222,400 8,840,651 7,263,119 German Bxoh. .. 20 ).000 1.340.300 46,500 174 ,600 1,514,100 Marq, H. &OnVn.Scptemb'r. 134,742 101,079 ' Qermania 200,000 1.4115,700 63,-00 147.300 1 ,KS2.2'10 Memo, &Charl...3d wk Oct. 33.i00 31,469 933,833 839,348 U.S.Nat 600,000 4,139,800 1,263.600 35.100 4.558.900 148,400 Memp, Pad. & No.3d wk Oct. 5,748 5,803 190,693 166,613 Mil.L. 8li.&West.4tliwkOct. 19,928 13,839 435,935 324,077 Total 81,162,700 909.254,50 1 B1,088.10J 15 852,410 2a8.03S,800 19.94S.000 Mimi.&St. Loui8.2 wksAug. 58,527 30.061 619,686 413,911 The deviations returns of previous as followg : tMo, Kan8.&Tcx.3dwkOct. 200.195 159.918 6,170,732 4,659,921 from week are Missouri Paciflc .3d wk Oct. 152.971 141,232 beans and discounts Dec. |i'2,0"8.noo 1 Net deposits '...loo. tl,39S,500 Specie Inc. 2.70.S,700 | Circulation Inc , 29.000 Mobile* Ohio. ...Scptemb'r. 209,014 181,216 1.621,813 1.470,168 Leffal tenders Inc. 443,700 1 Nashv. Ch.&St.L.Septemb'r. 179,979 167.474 1,577,949 1,513,074 N.Y. L. Erie* W. August. ...1,772,895 1,606,874 13,557,369 12,278,914 The following are the totaLsfor a series of weeks past: N.Y.&N. EngVd.3d wkOct. 00,059 49,993 Loans. Specie L. Tenders. Deposits. Vircuhition. Agg. Clear N. Y. N.H.&Hart.June 488.440 369,116 2,676,860 2,211,531 1881. » ( t * t « May 14. ...317,730,900 76.887,700 17,134.103 318,818,400 18,596,000 1078,352,065 Pa. it Ohio.. August... 455.032 N.Y. 476,516 3,611,686 3,331,714 " 21.... 3-24, 192,800 80,318.500 17,873.000 328.611.700 19.133.300 12I2.«47,632 Horfolk& West... Scptemb'r. 212,863 209,446 1,570,303 1,437,492 " 23. .. .332,023,700 79.131,8)0 18.633.800 333,132.800 19.3l>l,'200 1198,728.141 NorthemCentral. Scptemb'r. 429.565 464,093 4.030,250 3,584,104 June 4.... 341.091,900 76,05-2,103 1,8,323,300 330.5H.6)0 19,233.300 919,391.800 Northern Paciflo .Scptemb'r. 490,0J6 330,500 2,541,587 1,729,702 11 ...-147,494,900 76,9;)2,800 1,*,313,SOO 343,643.200 10.'23!.I00 W?S.180.85» Ohio & Miss August 338,044 390,997 2,368,562 2,477,183 18....346.560.801 75,611,000 18,474,300 344,307.600 19.303.300 1019.213.091 Springf. Div. ..August.... 46,784 50,585 281,388 273,192 85.. ..84.5,4 I JI — M< J FPI ' NoTBMPvn S, 188t.] THE CflRONICLB. 495 GENEHAL QUOTATIONS OK STOCKS AND BONDS. QiintKttimiilaNaw York roproiont lUe poroout valuo, wli;ttovor tbn pur mk/ l>«: ollior qiiotatlonn »rs fr« luanlljr nikla p«r shar*. lusil, " for " «.," " TUofi>llowlnK»l»brovl»tloa» are often Tli M.," mortKaffa; for ({old ; K'd," for Kuaraateed ; "and.," for ea4orM4; " " " for ooiisollilated ; ooiiv.," for convertible ; i. f.," for Kinking fund : 1. g.," for land grant, (juutationa In Now York iiro to Tlniradiiy ; from otlicr oUIch, to Into mall dntoa. Snbacrlbera will conftr a fkirar bf Kirinx nullce of anr error dlacovared lo thaae Qnotatloaa. UNrrso Staivs Bonm. Bid. Ask. Btatr Sbouritiiis. Bid. Aak. CiTT •OimiTIU. Bid. VNITKD STATKN BONDS. CITY HECllRITIBS. Houston, Tex.—(Coottnoad).— 08. IKSl.coiilliiucaiit:!'* rrif. ...lAJ 101 101 >4 Albany, N. Y.—Gs, long....Varloaal 103 6a, hindsd. 30 85 101^8 88. 18K1 do do roK...Q-H 102 78 long I 120 Indlanaiiolla, tnd.—7-308,'03-00.J&J (10 «H, fiinddd. 1881 ro({...Q-K Allegheny, Pa.—4a J&J Jersey C\ty~Oi>. water, long, 1895.. 107 ioii"* 4'«8, 1891 roR. 112 laU 6a. 1876-'90 J4J' 78, water, 1809-1902 J&J 113 us iias, isyi ooup. '.1,1 113"* Wharf 78, 1880 J&J 7«, linproTcnient, 18gi-'tf4 Var, 109 lit 4«, liK)7 reK. ilU mi's Allegheny Co., 6a J&J 7a, Bergon, long J & J 107 108 :ia *», 11>07 ooup. 116% Atlanta, U».—7a 110 113 Hudson County, fla A40 101 ior> 68, Currency, 189!V reR. 30 l>o. 88 118 122 do 7a.H&8andJ&D 107 100 On, Cunimcy, 189fi rcK. 130 >« Waterworks 110 Rayonno Cltr. 7a, long J&J 108 • llOls 131 6«. Currency. 1897 ro(r J&J Augusta, Me.—68, 1887, mun..F&AI tod's 107 ,rdwronr«, Maaa.—«a, 1804. ..A& Ol 120>t 121 6«, Currincy. 18118 rcK I&J 133 Augusta. Oa^78 Various 110 113 lx)fiK IsIandClty, N.Y—W»ter,7a.'95 120 Gs. Curreiuv. 18!t(l JAJ 183 Austin, Texas—10s 120 l/inlavllle, rcK no Ky.—7a, long datea . Var.l 119 121 FUKKKiN IJOV. SKCVHIT'S. Baltimore—68, City Hall, 1884 O— 105 108 7a, short datea Varl no 113 Quub.'i'-.'-.a. li)08 M&N Gs, Pitts. & Con'v. RR.,1886. . J&J 109 111 68, long Var.l 100 112 8T.\TK NKCITKITIES. 6s. consol., 1800 Q— 116 117 68, abort Var.l 102 106 Aliibaui;i-Cla«a "A," J to 5, 1906... so 6s, Rait. & O. loan, 1890 Q— 116 117 .•is lot too do Hmall 68, Park, 1890 Q— 115 117 Lowell, Maaa.—6a,1890, W. L.M&Ni 118 tio Cla«s"B." ."is, 1906 U5 Oa. bounty, 1893 M&P 120 r.,ynehburg, Vs.—Oa J & J 106 CluKa"C," 48, 1906 81 84 68, do exempt, 1893... H& 8 124 88 J & J 121 122 68, 10'20, 1900 J & J 103 58, funding, 1894 M&N 116 118 Lynn, Maaa.—Oa, 1887 F&AI 100 110 38 Arkansas—6h, funded, 1899 ..J 68, new bonds, 1892-8 J&J 21i'a Special 78. 1879-'89 Yearly I 68, old, reg JitJ 68, do A&O 2'?is Columbus, Ga.—78, Various Var. 90 100 6a, new, reg., due 1895 &over. J&J 128 >s 68, Cbatham RB A&O Covington. Ky .—7-30s, long I 43, new 10 6s, special tax, class l,1898-9A&u 7-308, short ) Pittsburg. Pa.—4s, coiip.,1913..J&J Cs, do lOk 58, reg. coup., 1913 J&J. class 2 A&O 88 1 and 68, do olassS A&O 10 1014 Dallas, Texas—8s, 1904 105 78, water,reg.&op.,'93-'98...A&0 126>s 48, new, 1910 J & J 90 108,1883-96 103 120 7a, street imp.. Ton, '83-86 — Var no 4a, new, small 68,Mun., 1895. Var.l 116 83 Dayton. O.—68 1890 1 Portland, Me.— OI1I0-G3.I88I j&j Detroit, Mich.—7s, long Var.l 105 115 Ga. railroad aid, 1907 MAS 118 120 68,1886 J & J 111 79, water, long Var.l 114 113 Portsmouth, N.H.—68, '93, RR. J&J I 114 116 Pennsylvania— Poughkoepsle. N. Y.—78, water .... 1 120 58, g, '77-'78..F&A» District of Coluinhiiv 117" cur., reg., I noi* 6s, 1877-'82 F&A Consol. 3-G5S, 192 1, coup. . . . F&A 107 Providence, RL—5s,g.,1900-5.J*J 58, new, re.;., 1892-1902 F&A 119 Consol. 3-659, 1924, reg 107 63, gold, 1900, water loan... J & J 123 130 6s. 10-15, reg., 1877-'82 F&A B'unding53, 1899 J&JI 110 68. 1885 M& 81 106 108 68, l.i.25, reg., 1882-'92 F&A 101' do small J&JI 110 Richmond, Va.—68 J&J n2>* Rhode lal'd—Gs, 1893-9, coup.. J&J 111 do registered J&Jt 110 88 J * J 128 lii" 104 107 South Carolina—Gs, Act of March 1 Perm. imp. Os, guar., 1891. ..J&JI 116 117 58 ...... •••-•-•..•••.••. 12% 13 Var. 23. 18G0. Non-fundable, 1888.. { Perm. imp. 7s. 1891 J&JI 121 125 Rocii'estiBrVN.Y'.^-^'""..'.".'. Browne consols 101 106 Wash.-Fund.loan(Cong.)6s,g.,'92l 116 117 79. water. 1903 J & Jt F&A 100 100 «« Tenuessoe—Gs, old, 1890-98 ..J&J 69 Hi 70 Fimd. loan ( Log. )G8,g., 1902 Varl 125 127 Rockland, Me.-6a.'89-99,BE.. 68, new bonds, 1892-1900 ..J&J 6914 Elizabeth, N. J.—7s, short 42 46 iU Joseph, Mo.—78 Var. 80 88, now series, 1914 J & J 6914 70 7s, funded. 1880-1905 Var. 42 46 Bridge 10a. 1891 J* J 80 Var.l Paat-due coupons 78, consol., 1883-98 A40 42 46 Jt. Louta, Mo.—6a, abort Tejcas—6a, 1392 M&St 110 112 7s 1905 42 46 Water 68, gold, 1890 J &DI sold, .' 1802. 78, 1892-1910 M&8I 120 125 Fau'Rlver', Mms.—Oei 1904 .'.FA A.i 1241s 125 do do (new). A&O 7s, Kold. 1904 J &Jt 125 130 5s, 1894, gold F&A I Bridge approach, 6a Vermont—Gs, 1890 J&D Fitchbure.Mass.-6s.'91,W.L..J&JI ui' lis" Renewal, gold, Os Var. Virginia—68, old, 188G-'95....J & J 38 Fredericksburg, Va.—79 M&N 112 Bewer. 6s,gold, 1891 '93 Var. 6e, new bonda, 1886-1895... J & J 38 Galveston, Tex.— 10a, '80-'95 ..Var. 95 109 St. U Co.—Park, 6a. g.. 1905. .A A O 6s, conaol., 1905 J & J 117 Qalvoafn County,10s. 1901.J & J Currency, 78, 1887-'83 Var. 6s, 103 108 do ex-couD., 1905...J & J 81 Hartford, Ct.—City Os, var. dates.. 106 100 it. Paul. Hlnn.- 6a, 'BS-'OO. . J * g 08. conaol., MAN 110 115 2d series J & J 10 Capitol, untax. 68 1 123 128 78,1890...; 68. 20''9 Var fJ deferred bonds... 21is riartfoid Town IWis. untax I 104 8s, 1989«6 10-lOa, now.. 3 M.aaa.—68, '85-89.. ialein, Maaa.—«8. long. W. L.. A&O I 121 126 I 54 Haverhill, A&OI 108 115 Ta!t-rer.eivable ooupona '.'.'...... 93 05 Houston. Tox. — IPs 1901. W. L J.Ut 113 ...I i -' Frioe nomii al ; no late tranaaotlona. t Purchaser alao paya aoorued iuteceau In Loadou. J . F . 1 496 THE CHRONICLE. [Vol. IXXia. GENERAL QUOTATIONS OF STOCKS AND BONDS—Cootixukd. For Explanations See Notes at Head of First PaK* of ((aotatlons. OlTT SECDRITIB8. Bid. Ask. Railroad Bonds. Bid. Ask. Railroad Bosds. Bid. Ask. 8. Francisco- 78, f;.,City& Co.. Var...... Charl'teCol.&A.—Con8.,78,"95.J&J 109 110 C. C. & I. C- (Continued).— 8ikvanuali funded 58. consols 85 90 2d mort., 78, 1910 J*J 102 104 C0I.& Ind.C, 2d M.7a,1904.M&N 109 114 aomerville, Mass.—5b, 1895..Ac5tO:tlOS 112 Cheraw & Darl.— Ist M.,88,'88.A&0 116 Un.& Logan8p.,l8t, 78, 1905. A&O *114 118 107 2d mort., 7s 104 T. Logansn. B., 7a, •101 68, 1885. J*J }"SJ« & 1884..F&A 104 6>«8,1884 A&OUOTHi 1081a Ches. & Ohio— Pur. money fd.,1898 Cin. & Chic. A. L., 1886-'90 •100 Sprinilleld, Mass.—68, 1905.. A&O U2-1 128 Series A, 1903 102 Columbia & Green., 1st 68 102 lOSia 78, 1903, water loan A&O tl30 135 68, gold, series B, int. def. 1908.. 8419 84% 2d mort 90 91 Toledo, O.—7-30s, KR., 1900. M & N 1115 68, currency, int. deferred. 1918. 56 57 Col. & Hock.v.— Ist M., 7s, '97.A&0 1116 118 8s Var. t. Cheshire—68, 1896-93 J&J 11091a 110 2d M.,78, 1892 J&J 1107 88, water, 1893 & '94 Var. tll6»fl Chic. & Alton—Ist M., 78, '93.. J&J 126 Col. Springf.& C—lat. 78.1901. M&S Washington, D.C.— See Dist. of Col. Sterling mort., 6s, g., 1903.. J&J :ii7' 119 Col. & Toledo— lat mort. bonda 1121 123 WilmluKton, N.C.—68 95 105 Income, 78, 1883 A&O 104 2d mort 1115 118 88, gold, con. on 110 120 Bda. Kan. C. line,68,g.,1903.M&N 110 Col. & Xenia— lat M., 7s,1390.M&S 1.... Worcester, Mass.—68, 1892. ..A*0 1117 118 Miss.Rlv.Bridge, l8t.,8.f.,68,1912 Conn. &P.is8nmp.—M.,78, '93.A&0 111412 115' 58,1905 A&O 114 115 Joliet & Chic, Ist M., 88,'82.. J&.I Masaawippi, g., 68, gold, '89 J&J 1105 108 4s, 1905 A&O 101 105 Louis'a & Mo.R., Ist, 7s,1900F&A 114 120 Conn. Val.— lat M., 7a, 1901... J&J 55 53 Tenkers. N. Y.—Water. 1903.. 1115 120 do 2d,78,1900MvV;N Conn. West.-l8t M., 7a, 1900. J&J 30 34 RAILKOAD BONDS^ St.L. Jack8'v.& C, l8t,7s,'94. A&O 117 Connecting (Phila.)—lat, 63 ..M&S AJa.Ceat.—l8t M.,68, 1918.... J&J 105>9 do lstKuar.(564),7s,'94A&0 114 Cuinberl'd & Peun— let 68,'91 .M&9 Income Oe, 1918 J&J 90 do 2d M. (360), 7s, '98. J&J 2d 68. 1838 M&N Ala. Ot. Soutliern— Ist mort., 1908 ;114 116 do 2d guar.( 188) 7s,'93.J&J Cumberl. Val.— lat M.,8s,1904. A&O Alb'y & Susq.— Ist M., 7s, '88..JiU Chic. B. & Q.—1st, S.F.,8s, '83. J&J 1061a 107% D.akota Southern—7a. gold,'94,F& A 195 100 2d mortgage, 7s, 1885 A&O 105 106 Consol. mort., 7s, 1903 J&J 129 130 Danb'y & Norwalk—78, '80-92. .J&J 100 Consol. mort., 78, 190e,gii«r.A&O 125 Bonds, 58, 1895 J&U U03 103 '9 Dayton & Mich.—lat M., 78, '81. JAJ 1 Allegh. Val.—Oen. M.,73-10s..J&J 1241$ 58,1901 A&O 103 IO3I2 2d mort., 78, 1887 MAS tioa East, exten. M., 78, 1910.... A&O ;i26 128 48,1919 ; 89% 90 3d mort., 78, 1888 A&O t 109 Income, 78, end., 1894 A&O 52>s 54 Bur. & Mo. R., I'd M., 78,'93.A&0 116 117 Dayt.& West.—lat M.,63, 1905.J&J 110 AtcU'n & Neb.- l8t,78, 1907. .M&8 117>s 118 do Conv. 8s. '94 ser.J&J 1130 135 Ist mort., 78, 1905 J&J 120 Atcli.& Pike'sPeak- l8t.78, g.M&N 1106 Bur.&Mo.(Neb.),lBt,6a,1918.J&J 1115 116 Delaware—Mort., 68, guar., "95. J&J A.toti.Top.&S.F.—l8t,78,g.,'99.J&J 121 12m do Cons, 6s, non-ex.. J&J 1100 Del.& Bound B'k—l8t,78,1905F&A Land grant, 7s, g., 1902 A&O tll8»a 19 do 4s 89 '891a Del.L,aok.& W.—Conv.7s,1892 J&D 110 2d mort., 78, g., 1903, conv. A&O 1133 137 do Neb.RR,l8t,7s,A&0 112 II2I2 Mort. 78. 1907 M&S 1241a 127 Land income, 8a J&J 1104 105 do Om.&S.W.,lst,8a,J&D 123 127 Den.& Rio G.—l3t, 7s, g..l900.M&N 113 113ig Guaranteed 78, 1909-. J&J&A&O 118 llSifl Diron Peo.& H.,lst, 88,'74-89J&J Ist conaol. mo.-t., 7s. 1900 J&J 108!% 5s, 1900 101 IOII9 Ott. 08W.& Fox R.. M.,8s,'90.J&J Denv.S.P.&Pac—l8t,78.1905 M&N 103% 1041a 58, plain bonds. 1920 94 94I3 Quincy& Wars'w, 1st, 8s, '90.J&J Des M. & Ft. D.—l8t, 68, 1904. J&J 110 4>3S, 1920 A&O 92% 93 Chic. & Can. So.—Ist, 78, 1902 A&C 45 00 l8t inc., 68, 1904 73 80 Florence & El Dor'do, l8t.78. AAO 113 114 Chic. C. Dub & Minn.—7s, 1910 J&J 106 1061a Detroit & Bay C—l8t,8s,1902.M&N 100 K.C.Topeka&W., Ist M.,7s,g.J&J 1120 122 Chic. & East 111.— Skg. fd., cur. 190' 111 1 Ist M., 83, end. M. C, 1902. M&N 1 1131a i'l'i" do income 78. A&O 112 U4 Income bonds, 1907 100 105 Det.G.Haven&Mil.—Ei|Uip.(i8,1919 ;U4 116 N.Mex.&9o.Pac.,lst,78,1909 A&O 117 II7I2 Chic. & Gr. Trunk- 1st mort., 1900 103 1051a' Con. M.. 5« tiU'84, after 6<. .1913 •109 111 Pleas't Hill &De Soto, l8t.7s,1007 112 114 Chic. & Iowa—2d M., 8s, 1901.J&J 95 D6t.& Pontlac, 1st M.,6a,'86.A&0 100 Pueblo & Ark. v., 1st, 78, g.,1903. U18 II8I3 Chic ra& Neb.—l8tM.,78,'92F&A 1114 Det. L. & North.-l9t, 73, 1907.J&J 11201a 121 Wicliita&S.W.,l8t,78,g.,gua..l902 tll4 II4I2 Chlc.& Mich. L.Sh.—l8t, 83,'89.M&S 1113 113 "a Dub. & Dak.—Ist M., 6s, 1919. J&J Atlanta & Charlotte Air t., Ist, 78 108 1091a Chic. Mil. & St. Paul— DubuqucA Sioux C— lst,7s,'83. J&J ibi' Income. 68 91>2 921a Pac. Div., l8t, M., 88, 1898. F&A 132 Ist mort.. 2d Div., 1894 J&J 110 1st 68, . 101 D., 2d M., 7 3-lOs, 1898.. Dunk. A. V.& P.—l8t,7s,g.. 1 890JAD 100 110 Atlantic & Pac, 1910. .J&J P. F&A 121" Baltimore & Ohio— 68, 1885.. A&O 106 >4 107 14 St. P.&Chic, 78, g., 1902.... J&J Eiist Penn.—Ist M., 78, 1888 ..M&S Sterling, 5a, 1927 J.tD ;i08 109 Mil. & St. P.. 2d M., 7s, 1884. A&O 1061a E.Tenn.Va.& Oa.— lat, 73.1900.J&J 115 lis Sterling, Cs, 1895 M&S 111 3 115 La. C, IstM., 78,1893 J&J 1201a lat mort., conaol., Sa, 1930 ..J&J 85 86 Sterling mort., 6s, g., 1902. .M&."3 117 119 I. &M.. IstM., 7s, 1897 J&J 121 121 Income, 68, 1931 51 53\ do 68, g., 1910. M&N ;125 127 I'a. & Dak., Ist M., 78, 1899. J&J 121 E. Tenn. A Ga., l8t,68,'80-86.JAJ t " Parkersburg Br., 6a, 1919. ..A&O 112 Hiist. & Dak., l3t M.,78, 1910. J&J E.Tenn.A Va.,ond.,6a, 1836-M&N 104 106 Bait. & Pot'c— l8t, 6s, g., 1911. J&J ,'112 lit Chic. & MU., Ist M.,7s, 1903.J&J 121 123 Eaatern, Mass.—4iaa, g., 1906. MAS 1108 110 1st, tunnel, 6a, g.,g'o, 1911. A&O :ii4 116 Ist mort., consol., 73, 1905.. J&J 1221* 1231a Sterling debs., 6a, g., 1906.. M&S {105 107 BelvidereDel.— l8t,6s,c.,1902.J&I) Ist M., I. & D. Ext., 7s, 1908J&J 118 ElmiraA W'mapt— 1st, 63, 19 10.3« I 110 2dmort., 68, 1885 M&S 1071a Ist M.,68, S'tliwe-at Div.l909J&J 106 5s, perpetual A&O 3d mort., 6s, 1887 F&A 106 K. 1st M., 58. La C. & Dav. 1910J&J 99 Erie & Pittsb.— l.at M., 78, '8.J.J&,1 tlOl Boston & Albany—78, 1892-5. F&A 1126% 127 80. Minn. Ist 6a, 1910 J&J 1UU=8 Cons, mort,, 78, 1398 J&I 112 115 68,1895 J&J (11512 117 Chic. & Pac. Div. Os, 1910... 110 Equipment. 7s, 1890 AAO 92 Bost.Clint.& F —Ist M..,68, '84,J&J 101 102 do West. Div., 58,1921. J&J 98 Evauav. & Crawf.— Ist, 73. '87. J&.I 103 Ist M., 78, 1889-90 J&J HOD'S HO Mineral Pt. Div., 5s, 1910.. .J&J 94 9612 Evan3.& T.H.,lst con.,6s,1921,J&J 100 105 N. Bedford RR., 78, 1894.... J&J 1112 Chic.&N.W-Sink.f.,lst,73,'85F&A Evausv.T.H.&Chi.- Ist, 73, g.M&N 1103 105 Equipment, 6a, 1885 F&A 102 Interest mort., 78, 1833 M&N Fitchburg-53, 1899 105 12 106 Fram gliam & Lowell—1st, 53, '91 193 94 Consol. mort., 7s, 1915 O— I3212 63, 1898 A&O 117 1171« Notes, Sa, 1883 Exten. mort., 78, 1885 F&A 110 78, 1894 A&O 126 13 127 BostCono.&Mon.—S.P.,6s,'89.J&.l 10712 108 Ist mort., 78, 1885 F&A Flint & P.Marq.—Ist in.,I.ir.8sM&N Consol. mort., 78, 1893 Consol., gold, 78, cp., 1902.. 12412 6s, 1920 .....A&O A&O U18 118 '89 . 68,1896 J&J 1113 1131a Iowa Mid., Ist M., 88, 1900. A&O Flushing & N. S.— Ist, 7, . M&N New 58, 1899 J&J 104 105 Gal. & Chic, ext., 1st, 73,'82.F&A lOlia 102 2d mort., 7s M&N 121 Boston & Maine—7s. 1893-94. J&J U27 127 14 Peninsula, 1st, conv., 7s,'98.M&S Ft. Madison &N.W., Ist 7s. g, 1905 1 101 102 127' Bost. & Providence—7s, 1893. J&J 1126'a 127 Cliic & Mil., Ist M., 78, '98. .J&J Pt. W. .MUU.& C— lat, 7a, g.,'89. AAO 55 65 B08t.& Revere B'h— lat,68,'97.J&J l!6>a 117 Chic.R.I.&Pac—6s, 1917,ooup.J&J 125 Frankfort & Kokomo— lat, 7s. 1903 Brooklyn Elevated—Bonds 65 72 68, 1917, reg J&J 125 Gal.Har.&S.A.— lat,69,g.l910.PA\ 107 Buff. Brad.& P.—Gen.M.78,'96.J&J 100 110 Chic.& S. W..lst,7s,guar.,'99.M&N tl20 124 lat La Grange, ex 68, 1910. F&A Buff.N.Y.&Erie-lst. 78. 1916.J&r) 125 Chic St. L.&N.0.—l8t con. 1897,78 llOia 2d do 78, 1904J&O Buff.N. Y.& Phil.-1st, 68,g.,'96. J&J 101 2d mort 6s, 1907 J&D 100 Gal.Hous.AH.—l8t,7a,g.,1902.J&J 85 88 2d mortgage, 7s, g. 110 Ten. lien, 78, 1897 M&.V llOia Georgia—78, 1876-96 J&J tl22 124 Bur. C. R.& N.— l8t.5a,new.'06. J&D IOII4 101% Miss. Cen.,lst M.,7s,'74-84.M&N 105 68 11 10 112 Bur.&Southw.— Ist M., 8s,'95.M&N 60 do 2d mort., 83 ... 107 110 Qr.Rap. & Ind.— 1st, l.g., g'd, 73, g 115 Cairo & St.L.— 1st M., 7s, 1901. A&O N.O.Jaok.&Gt. N.,lst.,88.'86.J&J 112 115 1st M.,7s, l.g., gold,not guar. A&O 110 i'l2«i Cairo & Viuceunes, 1909 do 2d M.,83,'90,ctt8.A&0 112 117 E X land grant, Ist 78, '99 lOlia 105 OaUfor. Pac—Ist M., 78, g., '89. J&J 108 do 2dmort.debt A&O 115 120 Gulf Col. & S. Fe— Ist, 78.19(19 J&J 116 2d M.. 68, g.,end C. Pac, '89. J&J 103 ChlcSt.P.Min.&Om.—Con. 6s, 1930 103 103 12 HannibalA Nap -Ist, 7s, '88.MAN 10 3d M. (guar. C. P.), 6s, 1905. J&J 102 Cli.St.P.&Minn. l8t,63,19l8M&N 109 110 Han. & St. Jo.- Conv. 88, 1385. M feS 107% 103 do do 33, 1905. J&J 60 Land grant, inc., 6s, 1898M&N Con. 63, 1911 MA8 115 Camden & Atl.—lst,7s, g.,'93..J&J North VViac, lat 68, 1930. ..J&J Kana. C. A Cam., lat, 103.'92.J&J 125 Cam.& Bur. Co.—Ist M., 6s,'97.F&A St. Paul&i.Clty, 1st 6a,1919.A&0 109 109 13 .Housatonic— lat M., 7s, 1835. P&A Canada So.— Ist M..guar.,1908,J&J 98I3 99I3 Chic & Tomah.—Scrip, 1905. till 113 Hou3t. E. & W. Tex.— lat, 78, 1898. Carolina Cent.—lst,63,g., 1920.J&J 96 97 Cin. Ham. & Dayt.- 2d, 7s, '85 J&J Houst.&Tex.Cen.- Ist M.,78,g'd.'9 1 111 112 Catawissiir-lst M.,7s, 1882. .F&A Consol. mort., 78, 1905 A&O 120 I22I2! West. Div., ist, 78, g., 1891. J&J 103 New mort., 78, 1900 F&A do 68, 1905 A&O 1121a Waco & N. W., Ist, 78. g.,1903. J&J 115 117 Cedar P. & Min.— Ist, 78, 1907. J&J 116 Cin. H. & I., 1st M., 78, 1903.J&J 113 Con3. mort, 8s, 1912 A&O 123 '91 la Cedar B. & Mo.— Ist, 78, . . . F&A tH9 120 Cin. I. St. L. & Chic—Con. 63, 1920 1101 1031a Waco AN., 33, 1915 1st mort., 78, 1916 M&N 1120 1201a Cin.& Indiana, Ist M.,7a.'92.J&D (II3I3 Gen. mort. 6s, 1921 AAO idoi* Cent. Br. U. Pac.,l8t«,68,'95.M&N 100 di 2d M.. 7s.'82-87.J&.l 1107 Income A indem. 78, '37 — -MAN Fund, coupon 78, 1895 MA N 100 Indiauapolia C. & L., 78 of '97 t.... 113 Hunt. & Br. Top -Ist, 78, '90.. AAO Atch'n Col. & P. Ists, 68, 1905 Q 100 103 Ind'apolia & Cin., l8t,7s,'8S.A&0 112 I1212 2d mort., 78, g., 1895 FAA 112 Atch.Jew'lCo.&W.lst8,68,1905r 100 la Cin. Laf.& Cti.— lat, 7s,g.,1901.M&3 Cons 3dM. 7s. 1395 A&O 90 117" Cent, of Ga.—Ist. cons., 78, '93. J&, 120 Cin. Rich. &Cliic— Ist. 78, '95. J&J 11213 113 III. Ceut.— l3t M.Chic& S|ir.'98J&J ill3 115 tllOia IIII3 Macon & Aug., 2d,end.,78,'79. J&J 109 Cin. Rich. & F. W.— lat, 7a, g. . . J&D Sterling, S. F., 58, g., 1903. A&O 104 106 Cent. Iowa—New lat., 78 , '99. J&J 11538 iieia Cin. Sand'ky & CI.— O3, 1900. .F&A 1103 103 "a Sterling, gen. M., 6s, g., 1895. A&O ;ii2 114 Inc. bonds," debt certs.", 78, A&O 91 78, 1887 extended M&S U02 103 do 58,1905 J&U 1107 109 Central of N. J.—1st M.,7a,'90.F&A 117 iigij C0C80I. mort., 7s, 1890 J&D 102 103 111. Grand Tr.— Ist M.. 8s. '90.A&0 1161a 117 7b, conv, 1902, assented M&N H313 114 Cln.&Sp.— 7s, C.C.C.& t, 1901. A&O Ind. BI. & W.— lat, pf., 78. 1900J&J 125 Consol. M.,78,1899, assented.Q— II4I3 78, guar.. L.S.& !«.8., 1901.. A&O 1131a lat, 3s, 4s, 53&63, 1909. ..A&O 90 90% A^ustment bonds, 1903 1051a 106 Clev. Col. C. & I.— 1st, 7s, '99. M&N 126 2d M., 38, 48, 58, A 6a, 1909. AAO 79 80 Income bonds, 1908 M&N 99 101 Consol. mort., 78, 1914 J&D 121 123 Income, 1919 82 103i« Am. Dock & Imp. Co., 7s,'86 J&J 13618 Belief. & tiid. M., 7s, 1899... JAJ In'polla D. A Sp'd- l3t,7s,1906 AA D 103 do assented 13618 Clev.&M. Val.— Ist, 78, g., '93. F&A Trust Company ceititleatea 65 Leh.& Wilke8b.Coal,luc.,'88.M&N 90 93ifl 8. P. 2d mort., 7a, 1876 M&S 2d mort., income, 1906 JAJ em 68 Conaol.,78,gold,1900,a8a'd.Q-M 109 IIOI4 Clev. & Pitts.—4th M., 6a, 1892.J&J 114 Ind'poli8A8t.L.—l8t,7s, 1919. Var. 105 111 Cent. Ohio—Ist M., 68, 1890.. M&S 108 108% Conaol. 8. P., 78, 1900 M&N 126 2d mort., 78, 1900 AAO 60 68 Cent. Paciflo—l8t,68,g.,'95-98.J&J 115 1151a C.C.& I.e.—l8toona.,78,l903.A&0 128 135 Ind'apolia&Vln.—l8t,7s,1908.PAA 111 Btate Aid, 78, g., 1884 J&J 2d mort.. 78, 1909 F&.\ 2d mort.. 6s, g., guar., 1900.MAN 102 S.Joaquin, l8tM.,6s,g.l900.A&O 107ia 109 Trust Co. cert., lat, aaa'd Int. A Gt.North.—lat,68,1919.MAN 10718 110 Cal. & Oregon, Ist, 6s, g.,'88.J&J 104 do do Bupplementary.. 113 Coup. 6.1, 1909 MAS 94 95H Csl.A Or. C.P.bonds, 68,g.,'92 J &J J lOS 110 Income 7a, 1890 71 73 2d mort.. lecomc, 8s, 1909. . Land grant M., 68, g., 1890. A&O 105 Chic. & Gt. East., Ist. 7a,'93-'95 *90 100 2d assented income, Os, 1909 West. Paclf., lat. «a. e.. '99. J&jl 110 f^>l.& Ind. 0., lat M., 7a, 190 l..l,fe.] 115 118 lonlaA Lansing—1st 8s. '89. ..JAJ 115 118 * Price nominal ; no late tnuuaotlons. t The poroliaser also pa^i aocrued latereat. 1 1> Iiondon. . . . . 1 ' . MJ KOTXVBXB 5, 1881.) THE (CHRONICLE. 497 GENERAL QUOTATIONS OF STOCKS AND BONDS—Continubd. For Bxplanallont See lVo(e« at (lead of PIrat Pace of <(aataUan*. Raiuioad Bonds. Bid. A«k. Railroad Bohd*. Bid. Aik. Raiuioad Bomi*. BM. Iowa City* West.— 1 Bt,7«.l nOD.M.^a MISH.ATenn.—l8tM.,88,Berie«"A" 130 Old CoUmy— K.C.8t.J(>8.&C.B.-M. 78,1007.. J4J tilt) 120 2d mort., 7s, 1891 116 I Gen'l mort., ri 12111 JAJ Ss, . I'.ilO.AAO KauHitH it. NcbruHka— Ist mort. 81 86 Car. H., lat mort., 68, g. '93.. AAO Cona. mort., 6b, reg. 1911.". .6— (122 12ft 2(1 niort 20 32 3d mortgage, 78,1906 MAN 110 115 do '6«. coup.. 1IM)5.,JAD lS3>a Kfintuok.v Centra —r>8. 1911. ..lAJ Income, 78, 1892 MAS PenD. Co. a«. reg., 1007... Q.— KeokukA De8 M. -l8t..'>8. euar.AAO 10318 Mob. A Ala.Or.Tr.— l8t.78,g'ld,'9.'S 30 40 do lBtM.,4i«i, 1921.^&J V9^ L. Krie A Went— l«l, 68,1910. FAA lOH Mobile A O.— lat prof, debentures.. 06'g 97 do iBt mort.,4is«, re<( tncoiue, 7», 1 809 69^ 1 2d pref. debeiitnrcg 78 7214 Penn.&N.Y.— 1 Bt.7s.'96& 1 906.JAD eamhrnky Dlv., (!h, 1919 ....F*A Oil's 100 3d pref. debentures 63 Peoria Dec.A Ev.—lRt,6a, 1920J&J 108 108>t do Ineniue. 1020 5.5 64 4tli pref. debentureB 62 IncoiDea, 1020 75 LaMll.AMim.,l8t.«a,1010.MAN 106 New mortgage. 6«, 192'7 113 Evansvllle I>lv.,lst 0r,102u.M&8 102 do Income, 78, 1809. 85 Morg'n'a La.ATex.,l»t,e8,1920J&J do iDCome, 1920 .. 80 Lake Sliore A Mich. 80.— MorrlaA Eaaox— Ist, 78, 1914 MAN 134 Peoria PeklD & J.— lat, 7b, '04. JAJ M.8o.AN.I.,8.F.,lat,78,'8.'>.MAN 1071s 2d mort, 7s, 1891 FAA 118 IPerklomen—1st M., 6s, 1887 . . A&O 105 Cleve. A Tol., l8t M.,78, •H,')...IA.I 10!) no's Bonds, 7s, 1900 JAJ 119 Petersburg-. l«tM.,8«i,'7»-'«8.JAJ 107 109 do 2d M., 78, 1886.AAO 107 110 General mort., 78, 1901 AAO 117 119 2d irort., 88, 1902 J&J 120 123 CI. P. &A8h.,n«w78, 1892. .AAO Conaol. mort., 7s, 1915 JAD 124 V» iPhlla. A Krie-2d M , 7«. 1888. J&J Butl.A E.,new lidH. M..7s,'98.AAO 123 125 Nashua A Low.—69, g., 1893. FAA 1112 114 Gen. .M., guar., 68. g,, 1920. ,J&J Buff. A 8tate L., 78, 1882,... JA.I 5a, 1900 105 106 Simbiirv&Erlc, Ist M..7s.'97.A40 Dot. Mon. A 1 ol., l8t, 78, 1906. . Nashv.Ch.ASt.L.—let, 78,1013 J&J 116% 11714 Phila. & Reading— I8t, Os, '80, ,J^feJ Jamest.A Frankl..lst,78,'97.JAJ 2d mort., 68, 1901 JAJ . 2d mort., 7», 1»93 AAO do 2dM.,78,'94.JAl) lat, Tenn. & Pac., 68, 1917.. .J&J . I>(!bonture, 1803 JAJ Kalamazoo Al. A Ui-.K.,l8t,8a.JA.l lat, McM. M. W.AA.,68,1917.JAJ - Mort., 78, coup., 1911 J&D 134 Kal. A Schoolcraft. l8t,88.'87.JAJ Nashv.A Deciit'r.— l8t,78,1900.JAJ I Gold mort., 6r, 1911 J&D Kal.AWh. PlKeon,l8t.78.'90..JA,I 10(i Natchez Jack. & Col.— Ist, 78. 1910 t 97 ig Improvement mort.,6«, 1897 Dividend bonds, 78, 1899... AAO 120 126 NeviMlaCen.— Istes, 1904.. ..AAO lUO Gen'l mort., 68, G. C, 1908. J&J 94>* 95 L. 8.A M. S., cons., cp., lst,78. J&J 130 131 Newark A N. Y.— Ist, 78, 1887.JAJ 107 New (M)nvertible, 78, 1893...J.fcJ do cons.,re)?.,l8t,78,1900.Q—.1 1281« 128^ Now'kS'sctAS.-Ist, 78, g.,'89.MAN 107 no G. B. f., $&£,68,g..l908, x cps.JAJ 197 99 do C.JII8., ci>., 2d,78, 1903. .JAD 126 126111 Newburg D. A Conn.—Income 40 Scrip for 6 deferred Ht ooiiiiouh .. 191 98 do con8..rc,!{.,2d, 78,1903. JAD 126 N'burghAN.Y.— Ist M. 7s,1888.J&J 102 Coal & I., guar. M., 7a. '92.. M&S Lawrence— l8t umrt., 78,1893.FAA N. J. Southern—1st M.,new 68. J&J 105 108 Income mort., cons. 7a, '96, JAD l«lilgh A Ijick.— l8t M.,78, '97.FAA N. O. Mob. ATex.—Deh.8crlp.1930 Phlla.Wll.&Balt.-6s,'92-1900A&0 114 116 LeUiKh Val.— l8t,6a,coup., '98. J&IJ 121 N. O. Pac— lat, 68. gold, 1920.J&J Ol'e 92 .18. 1910 l8t mort., 68, rcK.. 1898 JAD N.Y.ACan.-£M..68,g.,1904.MAN :109 111 Plttsb.C.&St.L-l8t,78,1900.FAA 119>s 121 2d mort., 78, 1910 MA.' 131 N.Y.C.& Hud.—M.,78. cp.l903.J&J 135 2d mort., 78, 1013 A&O Gen. M., 8. t.,Os, g., 1923.... JAD 118 122 Mort., 78, reg., 1903 J&J 135 8teubenv.& Ind., lst.,6B.'84. Var. 102 Delaco Ld Co. bd-s, eBd.,78,'92JAJ Subscription, 68, 1883 M&N 102% Plttab.&Con'llsv.-l»tM.78,'98.J&J 122 124 Little .Mi'imi— l8t M., 68,1883..MAN U04 105 SterUngmort., 68, g., 1903...J * iuduu. tneo uuuiiuw ; 1.0 iat« traosaoUuna. 1 The puroliaser aUu pay> Morueu latanat. ; In L F . . . . 4S8 IRE (.^HROf^lCLE. [Vol. XXXm. GENERAL QUOTATIONS OF STOCKS AND BONDS—Coxtinued. For Explanations See Notes at Head of First Page of (Inotatloas. Bailjioad Bonds. Bid. Aek. Railroad Stocks. Bid. Ask. Railroad Stocks. Bid. Ask. Bloux C. & Pac., 1st M., 68, '98.J&J Atchison & Great Western Huntingdon & Broad Top 30 51413 Bo. A No. Ala.—Sink, fd., Cs, 1910. 112 114 Atl. & St. Law., leased, 6, £. ... 100 130 Ul do do Pref... 50 530 301^ Bo. Carolina— let M.,78,'82-'88.J&J 1106 iiugusta & Savannah, leased ... 100 Illinois Central IOC 130ia 131 l8t,stcrl.mort.,5s,g.,'82-'88.J&J 104 Baltimore & Ohio 100 190 200 Indiana Bloomington & West., new 40 49 Bd9,79,'02,2d M.,unenjoinedA . 23ial Sterling mort., 68, 1894 M&8 tll2 114 Burlington C. Rapids & North . 100 80 .Manhattan Beach Co 100 25 do 6s, 1901 M&8 J118 120 Cairo & St. Louis Manhattan Railway 100 53 la 5II4 Cam. & Ami)., mort., Os, '89. MAN Cairo & Vincenncs J.50 52 Marietta & Cincinnati, Ist pref ..50 18ia I8I2 UnlonPac—l8tM.,69.g.'e6-'99.J&J 116>s do Prcf. 5 p. c. J92 92 do 2d pref.. 50 11 11 Land Grant, 78, 1887-9 A&O 1131a 114 California Pacific 12 15 Memphis & Ch.irleston 25 74is 741a Bint. F., 88, 1893 M&S 122% 126j! Cambridge (street), Boston 100 124 125 Metropolitan (street), Boston ...50 i- Om. Bridge, stcrl. 88, g., '96.A&0 tl22 124 Camden & Atlantic 50 23 Jletropolitan Elevated 101% Keg. 8s, 1893 M&S do Pref 50 Mexican National 23 6II4 Collateral trust, 6s, 1908 . ...J&J IOS14 Canada Southern 100 61 Hi do Subscriptions.. 15d Colorado Ccnt.,lst,88,g.,'90.J&D Catawissa 50 18 Michigan Central 100 94''e 95 Denver racist M.,78,g.,'09.M&N do Old, pref 50 55 Middlesex (street). Boston 100 1'27 I27I8 Kans. Pac, 1st, 68,g.,cp.ctf8.r&A 111 do New, pref 50 53 14 Midland of New Jersey 100 24 28 do 1st M.,6s, g.,cp.ctfs.J&D 112i)j Cedar Falls & Minnesota 100 25 25 do Class A ... 16 do l8t,R.& L.G.D'd,'99.M&N Cedar Rapids & Mo. and Ta. Ld.lOO 146 148 do Clnss B . . 8 lOJfl do L'd l8t M,7s,g.,'80.J&J do Pref., 7 100 Mil. Lake Shore & West., pref ..100 50% 50% do Land2dM.,7s, g., 1886 Central of Georgia 100 118 121 Mine HUl & S. Haven, leased.... 50 6II3 do Leav. Br., 7s, '96..M&N Central Iowa 100 Missouri Kansas & Texas 100 40% 41 do Inc.,No.ll,7s,1916.M&S do Istnref 100 do do Scrip. do Inc.,No.l6.78,1916.M&S do 2dprcf 100 Missouri Pacific 100 100 106 do Denv.Div.,68 ass.cp.cort. 1091a 110 Central of New Jersey 100 96 96% do rights I4 lap. do 1st cons. M.,68,1919M&N IO4I3 lO.iia Central Ohio 50 40 47 Mobile & Ohio RK., assented. . .100 36% 371a Utah Cen.- -lstM.,6s, g.,1890.J&J 106 108 do Pref 50 50 55 Morris & Essex, guar., 7 50 124% 124% TJtali 80.—Gen. M. 7s, 1909. . . .J&J 109 110 Central Pacific 100 96 OGM Nashville. Chat. & St. Louis 23 84 34 Utlca& Bl'k K.—Mort., 7s, '91. J&J Charlotte Col. & Aug 100 48 50 Xashua & Ijowell 100 150 155 29 Vemi't &Can.—M.,88 50 51 Chesapeake & Ohio, common . . 100 28% Nashua & Rochester, guar., 3.. 100 56 58 Miseissquoi, 7s, 1891 J&J do Ist pref. ..100 39 40 Newburg Dutchess & Conn., pref Vermont Cen.—1st M., 78,'86.M&N 121s 13 do 2d pref.... 100 30 14 31 New Jersey & New York 9 2dmoiJ., 78, 1891 J&D 1 3 Cheshire, pref 100 00 62 New Jersey Southera lifl Income extension 88 M&N 50 61 Chicago & Alton 100 1291a 131 N. I.ondou Northern, leased, 8.. 100 Stanstead S. & C, 78, 1887. .J&J 33 3314 do Pref., 7 100 N. Orleans Mobile & Texas 100 Verm't&Mass.—1st M.,6s,'83.J&.l 1 103 IO314 CHiicago Burlington & Qulncy..l00 137 IVew Orleans Pacific subsoriptious. 20p. ;40i4 Conv. 78,1885 J&J 1130 135 dn rights 15% 16p, N. Y. Central & Hudson Riv. . . .100 140% Vick.&Mer.— l8tM..enrt.,78,'90.J&J 105 115 Chicago & Canada Southern 6 N. Y, Chic. & St. Louis, subscrip. 17 20p. 2d mort, end., 7s, 1890 J&J 85 90 Chicago & East Illinois New York Elevated nils 112 "Virginia Midlaud-lst mort., 68... 110 113 Chicago Iowa& Nebraska 100 156I31I57 Now York & Harlem 50 210 2d mort., 6s 107 109 Chicago Milwaukee & St. Paul. 100 109 |'.09i4 do Pref 30 46I4 3d mort. , 5-6s 89 91 do Pref., 7.100 122 1I22 N. Y. L. Erie & West 461s 4tli mort., 3-4-58 50 54 do rights Ip. II4P. do Pref 90 1^ 9OI4 5tli mort., 5s 931a 94 Chicago & North Western 109 127 I2714 New York & New England 100 661a 08 lllij 1 178 Wabash- Ist M.,ext.,78,'90,ex.F&A do Pref., 7.100 38 5e! 1 N. Y. N. Haven A Hartford ... .100 172 Mort., 78, 1879-1909 A&O 108 Chicago & Rock Island 1 00 135 |135ia: N. Y. Ontario & Western 32iSB 32''8 2d mort., 78, ext. 1897, ex..M&N 108 Chic. St. L. &N. 100 77 80 do do Pref Equipment, 78, 1883 M&N 60 64 Chic. St. P. Minn. &Oni.,com..lOO 41% 42 New York ProvideneeA Bos. ..100 150 "22" General mort., Gs, 1920 J&D 96% 96'e do Pref.lOO IO318 Norfolk & Western, com 20 Chic. Div.. 58, 1910 90 Chicago& West Michigan 100 83 do do pref 54% 54% Havana Div., 68, 1910 J&J 102 Cincinnati & Georgia subscriinions 37p.| North Pcnns.vlv.ania 50 JSil's 60 Tol. P. 1st 7b, . 92 30 & West., 1917. Q 117 Cin. Hamilton & Dayton 100 1 North & South Alabama 25 Istprel". inc., 51131 52 do conv. Cin. Indiaiiap. St. Louis & Chic. 100 , Northern Central 50 do 2d prcf. Ine Cin. Sandusky & Cleveland 50 2414 24%j Northern New Hampshire 100 112 113 Cons, mort., 78,1907,con.,exQ— 10114 110 do Pref., 6.50 x51 33 Northern Pitcilic, common 100 39ial 39 12 let, St. L. div., 78, 1889, ex.F&A 105 107 Clev. Col. Cin. & Indianapolis. .100 93 91 ! do Pref 100 801, f sOSb Qt. West., IU.,lst,7s, '88,ex.F&A 109 110 Clev. & Mahoning Val., leased.. .5C Norwich&Worcester,leased,10.100 159 161 Is 1 do 2d,78, '93,ex.M&N 108 Clev. & PUtsburgh, guar., 7 50 i;i7--a 140 Ogdeusburgh & Lake Champ.. . 100 35 40 Q'ncy & Tol., 1st, 7s,'90, ex.M&N 107 14 Columbia & Greenville, pref ...100 82 8212I Ohio Central 100 27 14 27ifl 111. & 8. la.. 1st, 78, '82„ ex.F&A 100 102 Col. Chic. & Indiana Central. . . 100 21 2112! do Hubseript'ns, ^lOOpd $30 $60 Bt.L.K.C. &N. (r.e6t.&R.),78.M&S lllia 112 Columb\i8& Xenia, guar., 8 50 150 Ohio & Mississippi 100 41I4 415» do Om.Div.,lst7s,1919.A&0 H3''e 114 Concord 50 101 102 do Pref 100 do Clarin. Br., 69, 1919.F&A 104 Concord & Portsmouth,guar.,7 100 120 125 ouio Southern 211a 23 do No. Mo.,lBt M., 1895.J&.I 122% Connecticut & Passumpsic 100 931s 941a Old Colony 100 130 1301» Wal). Fund. 1907- Var. 78. F&A Connecticut River 100 170 I'/l OrcKon California t & do Various 6s 00 70 subscriptions F&A Danbury & Norwalk 50j I Oregon Short Line, Warren (N.J.)—2d M., 78, 1900. . 3ia..50j 59 60 . . 110 Dayton & Michigan, guar., I Oregou Trans-Cont., part paid Jersey— W. Debent. 6s, 1883.. M&S 104 do Pref., guar., 8 . 50 142 do full paid 80% 82 Ist mort., 68, 1896 J&J Delaware & Bound Brook 100 116 Oswego & Syracuse, guar., 9.. -.30 130 Consol. mort., 78. 1890 A&O Delaware Lack. & Western 50 127% 127i£^ Panama Trust certs 100 193 193 W. Jersey & At. Ist M.,0sl910M&S llOifi Denver & Rio Grande 100 821* 821s Paris & Decatur West'n Ala.—1st M., 8s, '88... A&O 117 120 do subs. new.... 80 Pennsylvania Railroad 50 x635b 63% 2d mort., 88, guar., '90 A&O 117 120 di BUbs. old Pennsylvania Company 50 West. Md.—End., 1st, 68, 90... J&J 118 Denver So. P. & Pacific 100 do Pref 30 1st mort.. 68, 1890 J&J 110 Des Moiucs & Fort Dodge 21 Peoria Decatur & Evaiisville..l00 3913 4014 End., 2d mort., 6s, 1890 J&J 118 do do Pref.. 39 Philadelphia A Erie 50 520 2d mort., prcf., 68, 1895 J&J 1061s 1071b Dot. Ijinsing & Northern, coin .100 80 So Philadelphia A Reading .50 68% 68% 2d, end. Wash. Co., 68, 1890 J&J 112 118 do do Pref.lOO 114 Hi's do Pref., 7 50 3d, end., 6s, 1900 J&J 126 Dulnir|uo & Sioux City 100 80 Phila. & Trenton, leased, 10. .. 100 West'nPenn.-lstM.,68, '93. .A&O East Pennsylvania, leased 50 540 Phila. Wilmington A Bait .50 (65 la 66 Pitts. Br., IstM.. 68, '96 J&J 112 East Tennessee Vii'ginia & Ga.lOO 14% 1458 Pittsburgh Cincinnati A St. L...50 10 20 Wheeling & L.Erie— 1st, 68, g., 1910 do do Pref. 25 23 % Pittsb. A CouucUsville, leased. . . 50 10 20 Wllm. Columbia & Augusta, 6s 1108 110 Eastern (Mass.) 100 5OI4 501s do do Pref. Wil.& WelUon-8. F., fa, g., '96. J&J II4I8 11614 Eastern in N. H 100 911s 93 Pittsb. Ft. W. A Chic, gutir., 7.100 139 Wlnona&St.Pct.—l8tM.,76,'87.J&J 106 111 Eel River 100 67 2 do Special, 7.100 2d mort., 78, 1907 M&N 1201a Elmira & Willlamsport, 5 50 40 Portland SacoA Port8m.,r8ed 6 100 116 lieift Wis. Cent.— Ist, 78, coups, unfuud. do Pref., 7.. 50 55 62 Port Royal A Augusta Ist scries, new 77 -a 78 Erie& Pittsburg, guar., 7 .50 Portsm'th Gt. Falls A Conway. lOo 24 26 2d s<'rie8, new 44 45 Fitchburg 100 150 151 Providence A Worcester 100 133 135 Wls.Vallev— l8t,78, 1909 J&J 114 114>4 Flint & Perc Marquette 271s 28 Rensselaer A Saratoga 1(K» 140 140 Worc'r '93-'95 4 N ashua-58, . . Var. llOlia 102 do "do Prof 94 13 93 Republican Valley, deferred... 100 118 120 Kasb.&Roch., guv.,58,'g4.A&0 llOlia 102 Prankfprt & Kokomo 50 Richmond A Allc, subscriptions 18d Georgia Railroad A Bank'g Co. 100 160 165 Richmond A Danville 100 i'oiis 105 "a BAII^HOAD STOCKS Par Grand Rajtids & Indiana 15 18 Richmond Fred. A P.. common. 100 85 95 Alabama Cent rai Grand River Valley, guar., 5.. 100 do Guar. 7.... 100 122 125 Ala. do ut. South.— Llm., A., 6e,pref !10>s 11 Green Bay & Minnesota 14 15 do do 6.. lOJ Llm., B, com 16 Hannibal & St.' Joseph 931.: 100 97 99 Albany 61a 100 961a Richmond A Petersburg & Susoueh., Guar., 7!'.!i'oo do Pref., 1 River Chea. 80 Allegheny 7.. 100 1121a 131a Richmond York A Valley 50 Harrisburg P. Mt. J.A L., guar.,7..50 Rochester A i^ittsburg 100 28 28 - ^iS.'''*'"" Topcka A Santa Pe..lOO 14l'e 142 Highland (street), Boston 100 141 mis do rights isdis, ;»Tinnt!> fr fhnr}mir, Atr IAti« Boww Watortown A Ogtlensb. .100 30 1« aoia •Prio » uouuna: no lata transaction*. ; t Puroha«3r .lUo pjy« aojroel Interest. ; In London, i Q.iotation per share. p. Premluai. . . . . 5 NOTBMBKR R, 1861.] THE CHRONICLR 499 GENERAL QUOTATIONS OP STOCKS AND BON[)S—Covtihubd. For Explanations Refl Note* at Head of First Pace «r Qnotationa. Rtll.ROAII 8TOCK8. Bid. Ask. MlSCBLLAMEODS. Bid. Ask, Ml»C«I.LAl»r.OU». Bid. A«k. MUCBLLAHBOOR. Bid. ilk. RH. STUCK*. Jjirlng Valley— Portland, Mu., O. L.60 80 Catalpa Silver 10 T W.W.,lals,l90e.H&S 9t. Jxmis '"ONTlNl'gP. i O. L 50 Central 28 33 Rutlntid 10(1 5»4 Sterling Iron &Ry,— Laclede, Ht. Ixiiils.lOO Contentment Silver 25 do Prcf.. 7..1(M) 2S>s 27 Series B., Inc., 1804 Oarondelet,.'it. Uiula 50 Copper Fall* 3 '01. M St. Joseph 4 WfBtcrii 13 20 Plain Income 6r, 40 San Frans 05^ Dana 25 25c. 8t.I-oiil8Alt.AT.H.l(K> 54 Western Union Tcl.— Oawtnn Silver H7is 20 do ITcf.lOO 93 03 78, coup., 1900.M&N 1181a inANrFACT«lNC OonghMlMe.) 5 l>a BclV-v.AS. 111. .pf. 10(1 7a reg.,19(M)..MAN 1181s STOCKS. Donnan Silver 20 45 Wll. Columliin * Ahk. . 98 105 TELE^KAPH Lancaster .M.(N.H)400 Belmont Wll.atWeId.,lsd., 7.100 110 STOCKS. Ijiwrence (Ma8s.)1000 Best & Belcher. ... 100 Wisconsin Central 23% 23I2 -American iJislrict.lOO 50 50 Lowell (.Mass) 690 Bodle 100 do Prcf. 45 50 J.American Union ..100 Lowell Bleacliery.200 Bonanza Chief 1 Atlantic 50 1250 Worc'toriXa.ahna . 100 61 63 & Pacitlo..25 56 Lowell Macli.Shop.fiOO Breece 25 % I 121 r.\>'AL BONDS. I Franklin 100 25 Lym.anM. (Mass.). 100 Buckeye 8 Albenuarle & Clie.».— llGold&Stock 25 89 93 Alanchester (N.H.)lOn; 173 Bnldomingo 50 68 1st, 78, 1!)00 ... .J&J ' Intcmation'l Oc'n.lCO Mass. Cotton 1000 1415 Bullion ,....100 1^8 115' 25' 2-.50 Cliesap. (fe Delaware— .Mexican 100 1 Mechanics' (F. R.) 100 128 Bnlwer 100 l8tniort.,(ls,'8(iJ&J 11.Mutual Union 90 95 Merchants' (F. R.) 100 165 Calaveras 1 •10 Caes.&O.—Gs, '70.Q.-J llig 421s do subs 90 95 Merrimack (Maes) 1000 1850 Caledonia B. H....1(K) Del. Dlv.— 68, '78.J&J Southern & Atlantic 25 78 84 Midclloscx (Mass.). 100 230 Callfonila 1(X) •73 Del. & II.—78, '91 Jit J Usifl' West. Union 100 80% 86 r Nashua (N. II.). ...500 755 Carb. Hill 10 latcxt., 1891.. M&N TRUST CO.'S Naumkcag (Mass.)105 127 Centennial 78,1884 JAJ 107 STOCKS. N. E. Glass (Mass.)375 90 Clicrokcc 10 110 Coup. 78. 1894. A&O lie's Brookliu Trust 25 147 155 Newmarket 560 Chrysolite 50 6 Keg. 78, 1894.. A&O 1181s' Central 100 180 Pacific (M.aiiS.)...1000, .500 Chollar 100 2V let Pa.D.cp.,7R,M&8 127 128 ' Equitable 100 Pepperell(Me.)....500 1200 Climax 10 •28 do reg. 130 Farmers' Loan &Tr.25 300 Rich. Bord'iKF.R.) 100 Consol. tnii>crial ..100 •101 79,MA-8 127% ; James R.Jc K.— let, 6s. Uercautilc 100 144 150 Robeson (F. Rlv.) 1000 Consol. North Slope. •10 2dmort., 68.. .MAN N.Y. Guar. &Ind. 100 130 Sagamore (F. Riv.) 100 IConsol. Pacltle.... 100 Leh.N.—6s, rg.,'84Q-J 106 N.Y. Life & Trust.. 100 410 dalmou Fall8(N.H.)300 400 IConsol. Virginia. ..100 2-30 541s : Knob I RR. 68, reg., •97,Ci F 116 Real Estate Trust. 1 00 Saudw.Glass(Mass.)80 Copper 2^ Deb.68, reg.,'77,JAD Union 100 200 Shove (Fall Riv.). 100 130 ICrown Point 100 Couv.6s,rcg.,'82JAD United States 100 400 415 Slade (Fall Riv.).. 100 108 Dahlonega 1 •05 do 6s,g.,rg.,'94MAS iniFRovE.u'r sc Stafford (Fall Rlv.) 109 Dnndenberg 10 6s,g.,cp.&rg..'97J&D CONSTK'N COS. Stark MUl8(N.U.)1000 1430 Dunkin Con8.M.,1911 78j,feD 119 Am. Cable Const ruct'n 45 55 Teciiiuseh (F. R.). 100 Dunuigo 5 p 1056" Loulsv & P.— 3d,68,'81 Am. Railway luip'mnt Thoriidlke(Mass.)1000 Emp. Utah lOO 4th mort., 6s, 1886.. Cent. N. J. Laud Imp. TrcmontAS.lMassllOO 160 Eureka Consol 100 Continental f'onstruc. Ti.-oyC.&W.d.'.B.jSOO Father Do Smet .. 100 OV Morris- 80 226' Boat l'n,reg.,'85 AAO Cent. R'w.ay Construe 30 32 p UnlouC.Mf. (F.R.)IOO IFlndicy 1 New mort International Imp'nint 971s 99 Union Mfg.(Md.) 25 ,Freeland 25 Pennsylvania— N. Y. Loan & Imp'nint 85 Wampanoag(F.R.) 100 ;Gold Placer 25 6s. ooui)., 1910..J 600 THE (JHRONKJLE. [Vou XXXID. GENERAL QUOTATIONS OF STOCKS AND BONDS—Conclfdkd. For BKpIanatloas See Notes at Head of First Faze of daotatlons. Miking Stocks. Bid. Ask. Bank Stocks. Bid. Ask. Bank Stocks. Bid. Ask. Insurance Stocks. Bid. Ask. Fifth National ....100 Mechanics' B. Ass'nSO WO CINCINNATI. First National 100 225 Mechanics' & Tr.. .25 Amazon(new stock) 20 93 CONTINUKD. Hide and Leather .Mercantile 100 120 Cincinnati 25 148 150 50 130 Citizens' 20 125 Silver Nugget, new.. . Home National ...100 Merchants' Sir Koderick DhQ ..10 Merchants' Nat-. .100 Merchants' Exch'ge50 100 Commercial 25 160 Boutli Bodic Nat. B'kof Illinols.lOO 135 Metropolitan 100 170 Eagle 100 115 South Bnlwer Northwestern Nat -100 Nassau ....100 ;107 Enterprise 20 70 75 Soutli Hite. new ...25 •38 •43 Union National.... 100 New York 100 145 Eureka 20 176 South Pacific 8% 8'8 Un.Stock Y'ds Nat.lOO N. Y. Nat. Exch'gelOO ;ioo Firemen's '20 145 Spring Valley 1 3-75 4 CINCINNATI. New York County. 100 Germania 20 108 Standard 100 Citizens' National 160 Ninth National.... 100 120 Globe 20 105 105i« Tlora 100 •25 First National 218 North America 70 100 Is Merchants'* Manuf 20 TlpTop 100 6 Fourth National 172 173 North River 50 •100 Miami Valley 50 971s 100 Trinity 10 German National 120 125 Oriental 25 National 100 135 Tusoarora 100 •03 •01 Merchants' National.. 1321s 135 Paciflc 50 150 Union 20 SO Unadilla Metropolitan Nat 122 125 Park 100 162 170 Washington 20 130 Union Coneol 100 U>s Nat. Lai. &Bk. of Com. 165 People's 25 110 Western 25 150 V. deW.G 10 Second National 140 Phenix 20 114 HAKTFORD, CONN. Willshire Third National 240" 245 Republic 100 144 Mina Fire 100 233 237 BANK STOCKS, Union Nat 128 130 Second National.. 100 Atlas Insurance ... 1 00 25 BALTIMORE. HARTFORD. Seventh Ward 100 Connecticut 100 136 138 Bank of Baltimore 100 135 140 ^tnaNat 100 130 132 Shoe & Leather 100 126 Hartford 100 300 305 Bank of Commerce. 25 17 18 American Nat 50 75 77 St.Nicholas 100 i22ia National 100 138 142 Chesapeake 25 Charter Oak Nat. .100 136 139 State of N.Y 100 ;119 Orient 100 114 119 Citizens' 10 16 17 City Nat 100 93 95 Tradesmen's 40 115 Phoenix 100 213 216 .W 9!> Com. & Fanr.er8'. . 100 112^ Connecticut River 50 53 56 Unicm {140 Steam Boiler 40 80 Farmers' B'k of Md.30 31 Far. & Mech. Nat. 100 128 130 PHILADELPHIA 5 LONDON. Farmers' & Mcrch..40 47% 50 First Nat 100 119 122 B'k of N. America . loO 275 Commercial Union. A5 25 2$ Fanuers' Second National . . 100 150 Falls City TobaccoKX) 91 93 Kensington Nat 50 60 Crescent Mutual 116 113 Third National.... 100 107 Farmers' of Ky ...100 103 104 Manufacturers' Nat.25 301a Factors' and Traders'. 124 125 Union 75 8012 82 Farmers' & Drov..lOO 108 Mechanics' Nat.... 100 I2212 Firemen's 69 Western 20 29 30 First Nat 100 145 Merchants' Nat. Germania 116% 1221* BOSTON. German Ins. Co.'s.lOO 105 Nat,. B'k Commerce. 50 Hlbernia 11513 120 Atlantic 100 153 154 German 100 104 Nat. B'k German t'n . 50 Home 40 Atlas 100 124>2 125 German National. 100 133 135 Nat.B'k N. Liberties 50 140 Hope 80 95 Blackstone 100 1141a 115 Kentucky Nat 100 137 139 Nat. B'k Republic. .100 120 Lafayette 61 65 Blue Hill 100 110 112 I./)uisv. Banking Co. 40 200 210 National Security. 100 Merchants' Mutual . . 117 120 Boston Nat 100 I27I2 128 .Masonic 100 125 130 Penn National 50 60 Mechanics' & Traders' 1181a 120 Boylston 100 1271s 128 Merchants' Nat. ..100 135 137 People's 100 New Orleans Ins. Ass'n 38% 4014 Brighton, (Nat.). ..100 110 Sorthernof Ky ...100 105 Philadelphia Nat. .100 215 New Orleans Ins. Co 64 Broadway 100 98 100 Second Nat 100 106 Second Nat 100 People's 31 Bimker HiU 100 179 180 Security 100 147 Seventh Nat 100 110 Sun Mutual 1191a Central 100 1191s 120 Third National.... 100 117 Sixth Nat 100 Teutonia 1261a 134 City 100 \\i6 127 Western 100 107 Southwark Nat 50 NEW YORK. 14^.iis Columbian 100 142 West. Finan.Corp. . 100 115 Spring Garden 100 American 50 150 160 Commerce 100 I28I3 129 MONTREAL 22d Ward 50 American Exch...lOO 108 115 Commonwealth... 100 l'.iO 121 British N. America 103 1031s ThirdNat 100 Bowery 25 200 Continental 100 llSJHj 119 Commerce 50 14014 401s Union Nat 50 Broadway 25 190 205 Eagle 100 119 1191s Dominion 50 1711s Western Nat 50 Brooklyn 17 190 200 Eliot 100 120 I2OI4 Du Peuple 50 88 89 West Philadelphia.lOO 110 Citizens' 20 160 170 Exchange 100 1431s 144 Eastern Townships 50 lis PORTLAND, ME City 70 1'20 130 Everett 100 ll6is 118 Exchange 100 140 141 Cumberland Nat.. .40 59 61 Clinton 100 130 145 Faneuil Hall 100 13OI2 131 Federal 100 150 152 Canal Nat 100 161 163 Columbia 30 60 First National 100 210 215 Hamilton 100 118 CasooNat 100 156 158 Commercial 50 98 105" First Ward 100 116 117 Hochelega 100 85 88 First Nat 100 156 158 Coutlnental 100 230 250 Fourth National.. 100 110 llOis Imperial 100 13212 133 Merchants' Nat 75 114 115 Eagle 40 230 240 Freemans' 100 1191s 120 Jacques Car',ier...lOO 101% 110 National Traders'. 100 154 156 Empire City 100 90 100 Globe 100 111 IIII3 Maritime 100 RICHMOND, VA. Exchange 30 100 110 Hamilton 100 1171s 118 Merchants' 100 127 ij! 128 City Bank 25 25 Farragut 50 120 Hide & Leather ... 100 116 H6is Molsons 50 115 116 First Nat 100 135 Firemen's 17 90 169" Howard 100 129 130 Montreal 200 1981s 199 Merchants' Nat... 100 112 Fireineiils Trust 10 108 Manufacturers'.. .100 110 111 Nation ale 50 94 Nat. Bk of VirglnialOO 90 Frank.& Emp'ium 115 i23" Market 100 1091s no 'Ontario 40 58 Planters' Nat 100 135 German-American 100 180 190 Market(Brighton) .100 135 140 Quebec 100 110 State Bank of Va.lOO 104 Gemiania 50 150 163 Massachusetts 250 124 1241s :itandard 111% 112 ST. LOUIS, Globe 50 120 125 Maverick 100 250 251 165 Toronto 100 155 B'k of Commerce . . 100 350 Greenwich 25 270 Mechanics' (So.B.)lOO 130 133 Union 100 95 97 Commercial 100 260 Guardian 100 60 "io" Merchandise 100 110 110% Ville Marie 100 95 Continentnl 100 130 Hamilton 15 120 140 Merchants' 100 146 1461* NEW ORLEANS. Fourth National ..100 260 Hanover 50 150 157 120 r2l Metropolitan 100 Caaal & Banking. . 100 130 140 International 100 96 Hoffman 50 55 65 Monument 100 209 210 Citizens' 100 1341s 135 Mechanics' 100 106 Home 100 150 156 Mt. Vernon 100 1251s 127 Germania Nat 100 1*0 148 Merchants', Old Howard 50 110 120 New England 100 lid 146 100 126 Hil)ernlaNat Merchants' Nat ...100 US Importers' & Trad . . 50 95 100 North 100 14115 142 Louisiana Nat.. .. 100 125=8 130 St. I.K)iii8 National. 100 105 Irving 100 70 75 North America 100 114 115 Metropolitan lOJig 105 Third National. ...100 99 101 Jefferson 30 145 155 Old Boston 50 61 Hlij Mutual Nat 100 124 126 Vallev National... 100 1021s 105 Kings Co. (B'klyn) .20 200 210 Pacitic 105 165 100 1051s Sew Orleans Nat. . 100 14 BAN FE ANCISCO, Knickerbocker 40 50 60 People's 100 162 163 People's 50 62 63 Bank of California. 152 155 Lafayette (B'klyn) .50 110 11& Kedeniptlon IOC 133 135 State Nat 100 1231a Clay Street 85 Lamar 100 60 80 Republic IOC 130 131 Onion Nat 100 123 125 First Nat. Gold.... 100 120 Lenox 25 60 70 Kevere 122 123 100 NEW YORK Grangers' B'k of C.IOO Long Isi'd (B'klyn). 50 115 120 Rockland 100 133 135 America 100 140 Merchants' Exch..lOO Lorillard 25 60 70 Second Nat 100 151 152 American Exch'gelOO 1124 Nat.Gold Bank& Tr. Co Manuf. & Builders'lOO 140 14S Secuilty 100 175 180 Broadway 25 •20 Pacitic 128 Manhattan 100 95 103 Shawmut I26I2 100 127 Butcliers'* Drover825 ;l21 Wells, Fargo & Co Mech. & Traders'... 25 140 150- Shoe Leather 100 nils ll2Xj & Central National. .100 132 >a FIRB INSUR'CE Mechanics' (B'klyn)50 150 160 State 125 to 100 125 Chase National.... 100 JljO STOCKS. Mercantile 50 80 8T BuSolk 100 121 Is 122 Chatham 25 ;125 BALTIMORE. 115 125 Third Nat 106 Merchants' 50 100 1061s Chemical 100 ;1781 Associate Firemen's. Montauk (B'klyn).. 50 117 122 Traders' 100 102 10212 aty 100 235 Baltimore Fire Ins. 10 Nassau (B'klyn) 50 150 160 Tremont 122 1-23 100 Citizens' 25 Fiieuieu's Insur'ce. 18 25% 27 National 37is 115 Union 153 154 76" 100 Commerce 100 150 1501i Howard Fire 5 71* York City.. 60 Washington 139 140 New 100 Continental 100 120 Maryland Fire 10 N. Y. Equitable 35 150 160 Webster lot' nils 112 Corn Exchange ...100 ;165 Merchants* Mutual. 50 New York Fire.... 100 105 120 BROOKLYN. East River 25 National Fire 10 III4 Niagara 50 185 195 Atlantic (State) 175 Eleventh Ward 25 BOSTON. 105 115 Brooklyn North River 25 HI 115 First National 100 ;800 AmerlcKU F. & M. .100 25 210 220 First National 250 157 1.571s Paciflc 235 Fourth National. . . 100 130 Boston 100 120 125 Fulton 150 151 Park 100 113 118 Fulton 30 ;i30 Boylston 100 151 154 Peter Cooper 20 195 City National 250 270 Fifth Avenue 100 Commonwealth. 115 126" Commercial ..100 79 80 People's 50 100 105 Oallatin National ..50 Dwelling House.. .100 116 120 Phenix (B'klyn) 50 140 143 Long Island 100 103 German American. .75 ;92is Eliot 100 50 85 95 Manufacturers' 145 148 Relief 96 100 Germania 100 Firemen's 100 175 176 Repuulio 100 70 75 Mechanics' 190 11^5 Greenwich 25 Franklin loO 100 140 150 Nassau 17" 60 65 Rutgers' .75 Grocers' 30 Manufacturers'. ..1(X) 117 148 St.Nicholas 60 Brooklyn Trust 153 136" Kauovor 100 135 .Mass. Mutual 100 1161s 120 Standard 50 125 CHARLESTON. Importers' A Tr.. .100 Mercantile F. & M.lOO I44I3 100 80 90 B'k of CliaH.(NBA) 10( 146 Star 95 Irving 50 ;ico Neptune F. & M...100 128 132 Sterling lOd 62 70 First Nat. Chas.. .101 145 Leather Manufts. .1(KI ;U5 North American . . 100 150 1.55 Stuyvesant 25 120 People's National. 10( 116" 115 Manliattan 50 135 Preseott 100 140 150 Tradesmen's 25 100 CHICAGO. Marine 100 145 150 Revere 125 135 Commi)iclalNat...lCO 100 United States 25 180 Market 100 ;135 Shoe & Leather. ..100 .10 115 CornExp''. Nnt.. .1(0 140 150 Westchester Mechanics' 25 145 Washington 100 155 160 Williamsburg Cltr..50 210 'Plioe nominal; no late traaaotiuua. Last price fievt. t preceding 1>8. i Qaotatio,'! per diareb . NoTUMBcn 5, 1881.] THE CHRONKXR 501 1877 78. 187H-70. 18711-80. 1880-81. Juujesttujettts Opernlitiff KtfMnits— $ $ « Malnt. of wny*Ao... 237,832 21 1,-503 313..59T 340.ail JlKD Maliit. of iMiulpment. 102,013 141,253 202,829 221,aM TraiiH|M>r(arn exp'a. 403,:)47 420,752 624,775 756,409 STATE, CIT? AND CORPORATION FINANCES. Taxes 43,192 35.422 34,823 37,0^ MUcellaoeouaF 27,016 2.5,871 42,306 4e,8m The luvBSTORa' Supplbmrst eonUiiiu a complete exhibit of the Total 814,700 831,781 1,178,129 I,403,«6a Ponded Debt of Stales and OUiet and of the Stock* and Bonde Net earnings. 404,387 507.020 491,487 961,400 ii pti'iliihed on the la»t RiiUroid) and other Gompanie: It • «f Inohidna F. F.4 M. and liar. Br. roads, and (;. I.. A <;. RR. for I o mod. other month—niz., February, Aprti, June, Saturday of every t Miscellaneous Includes telegraph, stock kllle detail, follows : "The floating debt at date of last report was about $500,000. The earnings in 1880-81, in were a8 $323,474 purchase of Passenger This was increased by 850 freight cars, at a cost of Freight 979,632 nearly $450,000, and 13 locomotives, at a cost of $110,000. Mall 22,710 "This company also agreed, as part of the consideration for Express 15,757 Mileage 70,202 the lease, to carry the floating debt of the Cincinnati Lafayette & Chicago Railroad Company, amounting to $139,000. It also Total $1,411,776 to aid in the •dvanced a large sum constrnction of the Vernon The surplus over fixed charges has been applied to improT- Rushville IU.ilroad. It Greensburg & also agreed to advance ing the road. Of the operating expenses $45,269 were on towards building one-half, or $300,000, a connection from Kan- account of additions to property. kakee, on the Cincinnati Lafayette Chicago & lioad, to Seneca Since the issuing of the statement dated October 13, 1880, th« Railroad. on the Rock Island extension from Fremont to a connection with the Lake Shore & funds all "In order to provide for the above, $2,000,000 of Michigan Southern Railway at Sandusky has been completed, new stock was issued, by authority of the stockholders, and and is now in operation. For the Durpose of building this sold to the stockholders of record of June 30, 1881, at 70 cents extension there were issued and sold ^327,000 first mortgage the dollar. This gave $1,400,000, a which, witli on sum the net bonds, $600,000 income bonds and $700,000 common stocK, earnings, was sufficient to pay all the above obligations and wliich, added to the indebtedness of the company as stated in «xtinguish the floating debt. The condition of the property the report referred to, would make the present liabilities, not has been fully kept up to its standard of excellence during the including the equipment certificates, which are being retired year." * * * as fast as they fall due, as follows : "On July 1 the directors of the company made a contract Common stock $7,700,000 with the directors of the Vernon Grreensburg & Runhville liail- First mortgage bonds 3,083,000i'ni-'^Sut road to operate the latter road for flvs years and pay interest Income bonds ...... ••...... ••...•.•.••••• apon its bonds, taxes and operating expenses, and carry, with- $15,427,000 out interest, the debt due this company for material furnished Equipment certificates unpaid. 180,000 in the construction of the road. Total Indebtedness June 30, 1881 $15,607,000 "The annual interest U 7 per cent Tipon'$450,000—not an above excessive rental for 45 miles of road, and a very good contract Of the fund realized by the sale of securities referred $75,000 unexpended. tot tills company, considering the basiness we are thereby to there remains on hand present organiza- enabled to control for our main line." • » * The old and new lines comprised under the Railway Company are as " It will be seen that the net earnings for the year were nearly tion of the Lake Krie & Western ^1,000,000—a sum sufficient to pay interest on bonded debt, follows : rentals and taxes, and 6 per cent dividend upon the present ^^ Sandusky A Fremont Railroad. ,2ij} stock of f6,000,000. In addition to this we shall have the Lake Erie A Ix)ul«ville Itallroad *2iS increa.se that will come from the additional equipment we have Indianapolis A Sandu.sky Railroad ,55*5 Bloomington Railroad.... purchased, and the 87 miles of new railroad we are building. Lafayette Muncic A 'Vlji Lafayette Bloomington A Mississippi Railroad 81-0 " Since the close of the ye.ar, all through rates for freight 383-7 and passengers have become demoralized, and average at the Total • Total gross eamlnga. 1,309,037 1,342,701 1.761,242 •2,360,058 $2,3 GENERAL BAL»KCE SHEET JUNE 30, 1881. the Chicago & Eastern IlliEois holds four-tenths of the stock of the lAatnlUies. the Evansville & Terre Haute, Louisville & Nashville four- $7,700,000 tenths and some Evansville parties the other two-tenths, which Cost of road '...$14,623,006 Capital stock Cost ot equipment 931,130 Bondeddebt 7,727,000 gives the latter the balance of power. The Evansville parties KoUing stock certifi- Bank accounts 199.439 at first seemed to be inclined to favor the Eastern Illinois, and 104,035 cates 180,000 Supplies on hand through their aid the latter obtained a lease of the property. Due Irom agents 22,060 Accounts payable 113,109 Miscellaneous accounts 8,643 Unpaid wages—June Bat the Evansville parties were so worked upon by the Louis- 61,3.i6 Casli In hands of Treas- rolls ville & Nashville people that they determined to go back on 61,637 Foreign K. E. balances 50,558 urer their former action and place themselves in control of the prop- Balance 18,579 New equip, charged to operation 51,956 erty,in which scheme they succeeded at the last annual election." $15,968,529 Accrued int. not due.. 84,550 Galveston Houston & Henderson.—Messrs. Jay Gould and $15,963,529 Russel Sage have been chosen trustees of this road, vice N. A. Cowdrey and Joseph Rudd. Jr., and it is inferred that the road NEWS. is about to become a part of the Gould system. The road rur s GENERAL INVESTMENT from Houston, Tex., to Galveston, 50 miles, and is important as forming the connection of the International & Great Northern Atchison Topeka & Santa Fe—Southern Paciflc—The with the Qnli.—Bailivai/ Age. " Louisville Courier-Journal has the following : The junc- Gulf Colorado & Santa Fe.—The Fort Worth branch is open tion of the Atchison Topeka & Santa Fe and the Southern for freight business to Cleburne, Texas, 317 miles from Galves- Paciflc railroads at Deming, New Mexico, which completed the ton, and 99 miles from the main line at Temple Junction. second through overland line between New York and San Fran- cisco, was effected in March last. For the first month or two Metropolitan Elevated.—The counsel for Messrs. Burnham, the through freight forwarded by this route was light in Berry and other Metropolitan Elevated Railroad stockholders, volume as compared with the older route. The business, how- who contest the legality of the action of the board of directors ever, has been steadily increasing, and is now very considerable. of that company in modifying the Manhattan lease without Mr. Stubbs, General Freight Agent of both the Central Pacific consulting the stockholders, opposed the placing on the New and the Southern Paciflc, has, in a statement just made, given York Stock Exchange of the new " assented" stock. The ' the statistics of east-bound freight by each line separately, directors of the Manhattan, the New York and the Metropoli- covering the month of September. The quantity of through tan companies applied to the Committee on Securities of the freight from California by both routes for thai month is given Stock Exchange to have placed upon the list what they term in the annexed table : the " assented" stock of the Metropolitan and New York com- Central Southern panies—that is, the stock certificates upon which the directors raciflc. Faclflc. stamped out and canceled the guarantee of ten per cent Prom San Francisco pounds . . 14,285,000 4.589,600 have From Sacramento 2,150,500 41,400 dividends which the Manhattan lease calls for. FromSauJose 2,821,700 237,600 After hearing the application of Mr. Russell Sage and asso- From Stockton 26,600 27,200 From Marysvillo 49,100 400 ciates, the committee passed a resolution declining to recom- From Oakland 951,600 502,500 mend placing upon the list of the Exchange the stock of either From Los Angeles 464,900 the New York or the Metropolitan Elevated Railroad Company, as stamped under the alleged amended agreement, until such : Totals 19,284,500 5,803,600 agreement shall have been ratified by the stockholders. "The total by both routes is 25,148,100 pounds, equal to The Metropolitan and New York directors afterward decided to 1,250 car-loads. There were 1,300 car-loads forwarded in reopen the transfer books, which were closed without August. In September, 1880, there were 28,679,300 pounds for- notice, but to issue no certificates of stocks except those upon Vvarded." which the guarantee has been canceled. Both companies will Baltimore & Ohio.—The Somerset & Cambria branch, decline to pay dividends upon any stock except that which has between Somerset and Johnstown, Penn., thirty-six miles, was been so canceled. opened Nov. 3. Minnesota State Bonds.—A press dispatch from St. Central of New Jersey.—A meeting of income bondholders Paul, Minn., November 2, saj'S : "The House of Representa- of this road was held at the ofBce of Williatn Alexander Smith, tives to-day passed the Senate bill for the adjustment of the No. 40 Wall Street, on Thursday, to take action to secure the old bonded debt by a vote of 77 to 29. The only important back interest on their bonds. Over $500,000 worth of the bonds amendment is one providing that the rate of interest on the was represented, and a committee, consisting of Messrs. Put- new bonds shall be not to exceed 5 per cent, instead of 5 per nam, Smith, Squire and Burnham, was appointed to take such cent absolutely. [The Senate has concurred in the amendment, steps as they may deem advisable in the matter. and the bill now awaits the Governor's signature.] This will permit the Governor in his discretion to issue bonds at a lower ' Cincinnati Indianapolis St. lonis Chicago.—The com- & rate if he finds that they can be placed on the market. At the mittee appointed by stockholders of the Indianapolis Cincinnati election next Tuesday the people of the State will vote on a & Lafayette Railroad to take action for the recovery of the proposition for setting aside the public lands to establish a road from the new organization, have reported to the stock- sinking fund for the payment of the State bonds." holders that the matter has been compromised for |50,000. This is to 2 cent equal per on the stock after deducting the assess- Missouri Paciflc.—Following is a comparative statement of ment. A dispatch received in this city, however, an- earnings of the Missouri Pacific Railway Company and leased nounces that a new suit will be instituted at once to redeem the and operated lines for the current year to October 21, compared road, in which fraud and collusion in sale of the the road to the with those for the corresponding period last year : as company now known the Cincinnati Indianapolis St. Louis & 1881. 1880. Increase. Chicago Railroad Company will be charged. This suit will be Freight $8,942,942 $7,205,472 $1,737,470 brought by persons who will be likely to accept no compromise Passenger—Local 1,701,571 1,249,588 511,982 Passenger—Foreign 879,321 '43,479 that does not return the road to the stockholders.— 835,841 JVew YorU Mails 285,470 211,338 44,131 World. Express freight 194,141 151,141 43,000 Miscellaneous 162,815 141,837 20,977 Cleveland Columbns Cincinnati & Indianapolis-Cincin- nati Hamilton & Dayton.—A suuersedeas bond to stay the Totals $12,182,783 $9,868,700 $2,314,082 execution of the judgment of the Court of Common Pleas was * Decrease. filed in the Supreme Court Nov. 3. This will bring the litiga- tion to a standstill for a few days. New York Pennsylvania & Ohio.—The annual election of the New York Pennsylvania & Ohio Railway was held at Cleve- Connecticut Biver Railroad.—The annual report to the land Oct. 28. Rev. J. Lockington Bates, trustee, representing Railroad Commissioners shows total income of $826,161 ex- the English creditors of eight or more million dollars, cast the penses, including taxes, $590,110, net, $246,051, with rentals vote which decided the electon. He voted for the following amounting to $19,027. directors: S. L. Mather, W. H. Upson, P. D. Cooper, J. F. Clark, John Tod, Jarvis M. Boyer, Henry B. Perkins, EvansYille & Terre Haute—Chicago & Eastern Illinois.— Adams, Geoge W. W. McFarland, Thomas Robert Harris, W. The Chicago Tribune has the following :—"It has been hereto- Warnock, W. Scarborough and W. J. McKinnie. Another ticket was offered fore announced that at the meeting of the directors of the by Mr. Edsall, claiming to of stocks and Evansville & Terre Haute Railroad, held at New York, October represent $14,000,000 debts of the old Atlantic Great Western, but was refused on 25, Mr. D. J. Mackey, of Evansville, was elected President of & the ground of non-registry. then filed a long protest, that company. It was also stated at the time that this meant He which is in brief a protest against the scheme of reorganiza- an abrogation of the lease of this property to the Eastern tion, under which the road lias been running one year. The Illinois. This prediction is now substantiated by an order just sheriff also served a notice of new suit to be brought to test issued by President Mackey which retires the ofBcers of the a the validity the After consultation last- Eastern Illinois from the various positions they have held on of new corporation. a ing about an hour. General Devereux, who has been President the Evansville & Terre Haute Railroad, and in their places ap- and Receiver of Western Company, and points new men. Mr. C. J. Hepburn has been appointed Gen- the Atlantic & Great President of the New York Pennsylvania & Ohio Company, eral Superintendent, in place of 0. S. Lyford, resigned. Mr. G. bade farewell to those withdrew, abdicating his J. Grammar will be General Freight and Passenger Agent. Mr! assembled and office. The other directors are retired under this election E. B. Morgan is appointed Auditor, in place of A. S. Dunham. who are H. B. Payne, J. H. and R. P. Ranney. J. M. Adams Colonel Robert Forsyth ceases to be Traffic Manager of the Wade was elected President, J. F. Clarke Vice-President, and?. D. Evansville & Terre Haute. Under the new management the Cooper General Manager. Evansville & Terre Haute will be run independently, and neither the Eastern Illinois nor the Louisville & Nashville, both of Fhila<)elphia & Beading.— The McCalmonts have addressed which have tried to gain control, will be showa any special a circular to the shareholders of the Philadelphia & Reading favors; bat both roads will be treated alike. It appears that Railroad for the purpose of defeating Mr. Gowen. J . KoTKMBin 5, 1881. THE CHllOiVICLE. 503 JTItc Ccrmmercial %imts. COTTON. FuDAT. P. M.. November 4. 1881. COMMERCIAL EPITOME. Thk MoTronsTT of thii Crop, an indicated by out telegrams from the South t<)-night, is given below. For the week ending this evening Friday Nioht, Noveaber 4, 1881. (Nov. 4), the total receipts have rea 504 THE CHRONICLK [Vol. XXXIU. In addition to above exports, our telegranw to-niffht also «rive ns the following amoants of cotton on shipboard, not cleared, at at OD » O) ml (fi O 9 n 5 n A P, similar figures for New York, which the ports named. We add C on' are prepared for oar special use by Messrs. Carey, Yale & 7''o&| . ID ^- Lambert. 60 Beaver Street. • S.S'5 110 §8? ; ~V^ On Shipboard, not clearedr-for • Leaving ' 9 ii a : a; Nov. 4, AT- Other Coast- Stock. Great France. Total. Britain. Foreign vnse. I ITewOrleans 16,774 23,316 9,489 3,886 53,463 153,667 Uobile Not rec elved .. OD(J, Hj Onarleston 8,487 None. 12,000 550 21,037 72,911 None. 17,000 4,500 26,700 53,740 e®toB £.S>-5j »®«2. g6lo=B 3®"'^ ^»m5 Bavannab 5,200 iS'-'bS 2'-'oo' P'^^«2 S'*-'a:a B-'i.o a—'-^-r Salveston 4,655 1,113 2,^23 5,458 14,049 65.679 Kew York 2,100 None. 300 None. •2,625 112 582 .15" 42.512 128,976 538.228 1 1 I I TotAl 44,216 24,429 17,594 1 1 1 1 * Included In this amount there are 225 bales at presses for foreign 1©: IS: l«: l«i: »: ports, the destina.lon ot whiuh we cannot learn. to '7'70 1 : 1 1 1: 1 I li I: The speculation in co ton for future delivery has not been 8 1 : active, and the fluctuations in valuations were confined within narrow limits. There has been lets of mere comparatively o, at MM o- but legitimate influences have asserted themselves manipulation, I ai*- »* I >-| — «i •--lO more effectively. On Saturday the indications that the yield of r-ro 0,0,0 the current crop, even at the reduced estimates now current, will oirx> COD be sufficent for the wants of the spinners of the world, OiCi 09 Ot wo» CJCi. caused some depression, which was increased on Monday, under oscx. 6',-J I ®.® I the very large receipts reported at the ports and at the principal t^§ P day; but on . to interior towns of the South on that Tuesday the acjO 12 1 SS toco speculation for the advance revived, the crop movement being gmaller and the weather at the South having become tad for ODOD 00 00 OJ-J 00^ -1^ ODGC kcaco 05 O'^, CWtO 00,5 picking operations. On Wednesday, however, the market weak- eoo 1 *u 1 S-1 VS I eio MMClI ened again, but the decline was slight, as Liverpool reports Tro r-o ^•-fo -4-10 ODCOO were rather better. Yesterday (Thursday) there was a firmer tote i«.Oi ^^1 opening, on reports of bad picking weather in the Atlantic ccto xcno CCC0 States and a white frost in the Northern Belt; but the demand K.CO Sl.^ was limited, and the close was again weak. To-day there were 1 10 Mo >-too "^ advances of a few points, but no general activity. Cotton on coO O "i O ©6o »5 O ccto CCQD tOiC CT-tO the spot has met with a moderate but general demand. Prices koro remained unchanged until yesterday, when the low grades were -I 65 CO 00^ advanced l-16@^c., the high grades advanced l-16c., and the -J o COCn_i r- ®cn p I medium grades unchanged. To-day the market was qniet at M — ,(,. M'-'ci uplands. o o »o^^o KtCo I.TICO UtOo ll%c. for middling o o »-K)0 mmO The total sales for forward delivery for the week are 413.600 bales. For immediate delivery the total sales foot up this week rOtO 14 to to to to to to to 6,988 bales, including 2.330 for export, 3,160 for consumption, csto to to to to to<— to to toco ^tO MOO 00-^ 1,398 for speculation and 100 in transit. Of the above. 100 bales «».^ I I I ©50 I ©r I &r ^," official HMCO MH-O were to amve. The following are the quotations and K>tO§ totoa tctoo to too to too ictpo ales for sach day of the past week. cocio tow5 tctoO *ito® ^toO to to© -I 03 GCO< 00 OP <0tO O'CD XTPLANOS. NEW ORLEANS. TEXAS. to to to to to to to to to to to to Oct. 29 to COtt^ ecu cbto cou coco Nov. 4. Sat. niou -rue* Sat. Moa Taea Sat. non. Taen 00 to 00 1 ©)^ etr* I e»|« I ®r I I ^ Ordin'y.^lb e\ 8% S% P 9 9 9 9 9 Ml-o toto5 to too to too to too tOtOo toioo Strict Ord.. 9»i« 9-16 tf",^ a"]* »«I8 9»ifl 9»,8 9»1« 99l8 Ord.. 1018 1018 1018 1038 1038 1038 ciwO wcjo CJciO cojlo Good 103b 10% 10% . OOD to to en I-* Btr.G'dOrd 1068 105s lOSg 1078 1079 1078 10'8 lO'a 107b Low Midd*^ ll^lR ll»l« U-'lfl Ifie ll^ie ll''l8 117,8 117,n to to to to to to Btr.L'w .Mid u;>« 11^1« 11' 8 1111,„ II1I18 lilt,. n"i« nilTfl lll'ie ci or*:iiunK 5, I'V-i. THE CHRONICLK 605 1DSI. 1980. 1870. 1878. •OBim raoH PLAjrrAnoa*. at.-!* »• n»vre bftlon. 1:11.1)00 &a.3oo 82,020 L15,.%00 IFMk R—trtftUttPoiU. Stock at IMnrior PirU PlMtflw, I- Miir«. 506 THE CHRONICLE. [Vol. XXXIir. mometer has averaged 68, ranging from 50 to 78. During the to the nearest station. This view seems to us almost assured manth of October the rainfall reached two inches and thirty- when we remember that the Census returns credited Texas with three hundredths. but 801,090 bales for the previous crop. Before the publication Savannah, &eorgia.~U has rained on three days of the pa-st of the Census returns, we also reached week, and the balance of the week has been pleasant. The the conclusion that the rainfall reached eighty-seven hundredths of an inch. Average Texas production was larger than the Census report gave it, thermometer 71, highest 82 and lowest 52. and so estimated it in our tables at about what the News now Augusta, Georgia.—^e have had heavy general rain on two has it. Still, on a review of all the evidence we could get, we days of the past week, the rainfall reaching one inch and flfty- concluded to make the revision. nine hundredths. We had a light frost this morning, the first We have not, however, any of the sea.son. Crop accounts are more favot^ble. The top special attachment to the estimate we made—for it is only an promisingly. The frost had the effect of crop is developing estimate—and will gladly change it, if proved wrong. opening the bolls, and with present good weather it is expected that the product will be very fair. Picking makes good progress, Jdte Butts, Baooino, &c.—There has continued to be a fair and the crop is being marketed freely. It is claimed that about demand for bagging, and lots are moving quite freely. No three-quarters of the crop has been picked, and about one-third large transactions are reported, but we hear of 1,000 to 1,100 has been marketed. The cause of the large receipts this week is bales. Holders have not changed their prices, and are not dis- that planters are sending their cotton forward so as to pay posed to quote under 9^0. for 1^ lbs., 10>^c. for 2 lbs., ll^c. guano claims. Average thermometer 68, highest 82 and lowest for standard qualities. Butts have been quite active, and 47. Rainfall for the month of October two inches and thirty- some business has been done, both for spot and to arrive. Dur- three hundredths. ing the past month the sales aggregated 30,000 bales at 2 9-1 6@ Atlanta, Georgia.—It has rained on two days of the past 3e., paft spot and part to arrive, and few parcels have been •week, the rainfall reaching two inches and forty-one hundredths. laced since our last at these figures. The market closes E with We had a killing frost this morning. The thermometer has olders asking 2 9-16@3c. for paper and bagging grades. ranged from 43 to 77, averaging 64. Charleston, South Carolina.—It has rained on three days Cosiparative Port Receipts and Daily Crop Movement.— of the past week, wit)) a rainfall of fifty-four hundredths of an A comparison of the port movement by weeks is not accurate inch. Average thermometer 71, highest 82, lowest 55. as the weeks in different years do not end on the same day of the The following statement we have also received by telegraph, month. We have consequently added to our other standing showing the height of the rivers at the points named at 3 o'clock tables a daily and monthly statement, that the reader may November 3, 1881, and November 4, 1880. coastantly have before him the data for seeing the exact relative Nov. 3, '81. Not. 4, '80. movement for the years named. The movement each month Feet. Inch. Feet. Inch. since September 1, 1881, has been a.s follows: Hbw OrleaM Below high-water mark . 10 7 13 9 Memphis Above low-water mark... 17 9 5 1 HashvlUe Above low-water mark... 4 2 C 5 Bhreveport Above low-water mark . . 14 8 5 8 Tloksbure Above low-water mark... 23 5 Missing. New Orleans reported below high-water mark of 1871 until Sept. 9, 1874, when the zero of gauge was changed to high-water mark of April 15 and 16, 1874, which is 6-10th3 of a foot above 1871. or 16 feet above low-water mark at that point. C!oTTON Consumption and Ovekland Movement to Novbmbek 1. —In our editorial columns to-day will be found our usual This statement shows that up to Oct. 31 the receipts at the Overland Movement brought down to November 1. ports this year were 176,890 bales less than in 1880 and Nbw Yoek Ck)TTON Exchange Membership.—All the fifty 27,771 bales more than at the same time in 1878-79. By adding to the above applicants for membership enumerated in our last week's totals to Oct. 31 the daily receipts since that time, we shall be able to reach an exact comparison of the movement as anticipated, elected very large majorities, edition were, by for the different years. and the Exchange has thereby, with other recent elections, received an accession of 101 new members. This sudden 1881. 1880. 1879, 1878. 1877. 1876, increase would seem to create in the minds of some the fear rot.8ep30 422,057 453,478 333,643 238,848 93.272 236,868 that extension might be carried too far. A petition has there- Oct. 1.... 19,012 35,186 20,785 23,599 13,941 8. loro been gotten up this week to the Board, asking the submis- " 2.... S. 31,901 21,495 23,233 9,741 30,714 sion to the members, at an early day, of the question of limit- " 3.... 36,637 8. 35,016 17.537 12,179 15.021 ing the membership to the present number, and of repealing " 4.... 27,147 39,031 25,784 24,181 10,720 19,854 " the by-law which authorizes sales of memberships at $10,000. 5.... 25,535 33.555 . 8. 22,862 12,903 19,197 " 6.... 23,398 25,374 37,355 8. 10,210 22,115 This petition has, we understand, received signatures fully suffi- " 7.... 39,081 25,161 25,309 25,800 8. 19,217 cient to be acted on by the Board. " 8.... 33,710 44,049 21,335 21,369 13.609 8. We await with some curiosity the result in case the proposed " 9.... 8. 30,586 23,504 21,966 21,523 32,049 repeal should be put to the vote of the entire Exchange, for it "10.... 42,480 8. 35.621 22,539 19,301 24,533 "11.... 24,839 33,937 ?1,819 27,622 18,399 20,722 would be of interest to know whether the by-law in question is " 12.... 26,969 37,697 8. 23,343 21,302 18,95* generally looked ujion in the same light as indicated by the "13.... 26,244 34,515 41,177 8. 14.875 20,318 to the Board. " petitioners 14.... 30,805 33,776 27,876 . 26,102 8. 19,812 " Texas Cotton Crop.—The Galveston News takes exception to 15.... 26,144 39,836 26.622 29,014 35,142 8. " 16.... a. 44,637 23,825 27,764 21,081 33,513 our statement of the cotton production of Texas for 1880-81, " 17.... 43,315 8. 40,395 20,519 20,815 21,031 and gi.ve9 the following as its own estimate, and the grounds " 18.... 21,811 38,729 34,763 31,161 21,359 27,821 for its estimate: " 19.... 23,252 37.058 8. 22,510 23.632 21,796 Bales. " 20.... 33,861 35,650 43,101 8. 21,673 21,313 Houston & Texas Central, transported 435,457 "21.... 36,115 31,901 32,554 34,634 8. 26,617 Galveston Harrlsburg & San Antonio ; 98,381 International & Great Nortboru 241,836 ."22... 30,998 48.366 25,507 22,873 30.656 8. «uU Colorado & Santo Fe 61.619 " 23... 8. 33,713 35,566 23,157 27,171 38,824 Wustein 2,581 Texas " Texas &Pacitlo...f 236,612 24.... 42.651 8. 42,970 25,275 26,606 25,325 Missouri Pacific 30,101 " 25.... 26,415 50,187 26,134 33,787 22,093 23,574 St. 27,872 Texas & Louis " 26.... 33,291 35,115 S. 22,739 29,489 29,176 Texas & New Orleans 12,596 " 8. Gulf Western Texas* Pacific 15,060 27.... 24,810 35,110 50,407 27,118 28.761 To Sbreveport by wagon 24,000 "28.... 45.076 33,513 41,056 32,576 8. 28,715 to Muxii ,000 Crosted " 29 ... 29.391 61,192 27,552 24,936 34,191 8. Crossed tbo Sabine to Lower Kcd River.. 3,600 21,042 31,020 Corpus Clirisli cotton 125 "30... 8. 36,500 39,450 44,564 Bouston lociU wagon receipts 4,015 " 31.... 54,820 8. 60,114 27,821 27,921 32,532 Oalvestou ri'ceipts by small water-craft. 4,465 Houston East &. Wust Tuxus (estimated).. 4,176 rot.Oo.31 l',j49,906 1,426,796 1,222,135 978,112 678,959 912,123 East Texas Railroad 293 NOV.I.... 29,101 46,511 30,704 27,213 31,773 28,119 ludinnola 324 " 2.... 27,151 37.897 8. 21,843 29,165 35,041 Galveston Houston & Henderson Road. . 134 " 8.... 35,993 33,538 40,110 8. 33,775 32,987 " 8. 26,392 Total 1,260,247 4.... 40.236 41,635 38,310 30,961 We can only say with regard to the above that we think the Total 1,382,380 1,58^400 l,337,28y 1,033,167 773,672 1,034,267 railroads, in making their returns to the editor of the Neios, Peroentag e of total 1780 23 61 must by mistake have duplicated some of the cotton—the same port reo' Ots Nov. 4. 2700 2673 23 79 cotton passing over and appearing in the returns of twq roads This statement shows that the receipts since Sept. 1 up to or else the roads received a part of it from the adjoining to-night are now 204,020 bales less than they were to the same States or Territoriei'a. The latter might be true, and yet the day of the month in 1880 and 45,091 bales more than they were table toads not know it, for the cotton is often carried long distances to the same day of the month in 1879. W» add to the . 1 . NOTRMBBR 5, 1881.) THE OHRONICLE. 507 tht) p«rot«ntagM of toUl port raoeiptd which had be«a reoeived to BxroBTS or Oottoh (bal—i raoM TKuw Yobk tiKoa Bipt. i. lasi. 17<)Temb«r 4 id eaoh of the yenra named. Wt4k mullnif— InDi* Ovrros Movsmbst prom all Pobt3.—The fl(?ure8 which Total oollncted Bxported to— are now for us, and forwarded bv cable each Krida/, of Oel. Oct. Oct. How. itnee 12. the Hhipmeubi from Calcutta, Madra<<, Tutioorin, Carwar, Ac, 10. aa. 2. Sept. I. enable uh, in connection with our provionslr-reoeived report froiij Liverpool 7,524 6,096 4393 3,336 08.820 93.167 Bt>mbay. to fiirnLsh our readers with a full and complete Other Ilrltlah porta. India 700 aoo 200 501 2.150 1.700 movement for eauU weelc. We lirst pive the Bombay statement Total TO Qrbat Britain 8,221 e.8»6 for the week and year, briiiging the flgure* down to Nov. 3. 5,101 3,837 70.970 01,867 Savre iiOUBAT BCOatPT* AHD SBIPMCNTS rOB ^OB TBABa. 1,541 731 8,872 16,643 Other French port* 11,055 SMpmenIt lh%i toMk. SMpTittntt line* Jan. 1. ReeeipU. Total Fbbhor 784 8,372 10,613 11.059 rear Orrat Oonli- Oreat Oonti- TMi Sinee Total. Total. Broiiion and . Vrit'n. nenl Britain tient. Week. Jan. 1. Hanover 1,628 1,480 400 1,023 8.(i53 IIaiiiiiur>< 200 100 1,000 300 H.207 Other ports 1881 3.000 4.000 7.000 317.000 560.000 877.000 15.000 1.204.000 : 250 150 300 1.150 1880 3.000 3.000 aco.ooo 50:!.000 863.000 4.000 1.100.000 Totalto 1879 3.000 3.000 2.^>2.000 357.0001 009.000 4.000 832.000 North. EBBom 2,078 1,530 2.450 1,323 18,021 1878 2.000 1,000 3,000 31!>.000 S'.U.OOOI 713,000 4.000 878.000 Spain. Op'rto, aibralt'r, ffew York. Shipments this week. SMpmentt tinee January 1. Receipts | Boston. 1 Philadelphia. Baltimore. Year. from— This Sitice Oreal Conti- Oreat Conti- 1 Thit Sinee Thit Sinee Thit sinee Totai. Total. week. \Sept. Britain. nent. Britain. nent. 1. week. Sept. 1. week. Sepl.l. week. Sept. 1. m. 2,000 Orl'aus 7,877 00,335 2,000 203.000 78,000 281.000 Texas.... 207,000 82,000 289.000 31.757 :::::: i.ooo Savannah 13,906 67,457 1,312 siooi 1,142 5,406 i,000 207.000 108,000 315,000 Mobile... 14,7 id 1878.":.": 4,000 4.000 137.000 69.000 200,000 Floiidft . . 'i'.g i'.iso The abore totals for this S.Car'Iina week show that the movement from 8,031 38.159 :::::: ode 6.756 N.Car'lina the ports other than Bombay is 2,000 bales more than for the 2,523 13.200 :::::: 1.224 3,043 VirRinla.. 6,087 41,8I!9 2,4bj same week last year. For the whole of India, therefore, the 12,055 3,353 18,938 total North. pt« 71 1.145 6,622 28.043 shipments this week and since Jan. 52 1, 1881, and for the correspond- Toiin..&c. 1.119 7.399 4,533 14,760 i',414 4,389 'd'28 3.853 ing weeks and periods of the two previous years, are as follows. Foreign.. 879 KXPORrS TO BCROPB FROM ALL DfDIA. This year. 40,713 264,139 14,926 57.762 2,556 13.855 11,420 48,846 1881. Last rear. SSipmenti 1880. 1879. 47.802 261.8 14 ! 10.34 42.521 2.244 13.523 0.r,32 52.7.56 to all Europe — This Sinee This Since Thit Since Shippino News.—The exports of cotton from the United from week. Jan. 1. week. Jan, 1. week. Jan. 1. States the past week, as per latest mail returns, have reached 86,560 bales. So far as the Bombay 7,000 877,000 3,000 863.000 3.000 609.000 Sonthem ports are concerned, these AUoUicrp'rU. 2,000 281,000 289,000 1,000 315,000 are the same exports reported by telegraph, aud published in the Chronicle last Friday. With regard to New York, we Total 9,000 1.158,000 3.000 1.152,000 4.000 924.000 include the manifests of all vessels cleared up to Wednesday night of this week: This last statement affords a very interesting comparison of the total movement for the week ending Nov. „ „ „ ,. Total lialet. 3, and for the three New York—To Liverpool, per steamers Arizona, 834.... City of yeara up to date, at all India Che ter. . .City of ports. 580. . Rome, 330. . . .Delambre. 1.563. . .^BXaiCDRiA Parthia, 23 3 336 Receipts and SHiPstsirra.—Through arrangements To Hull, pel steamer Marongo, we have made 501 '501 with Massrs. Davies, Benachi & Co., of Liverpool To Havre, i)or steamers Ainerique, 770 Labrador, 1,802 '. 2,572 and Alexandria, we now receive a weekly cable of the movements To Bremen, per steamers Habsburg, 210 Uaiu, 813 1.023 To HamburK. per of cotton at Alexandria, Egypt. steamer Frisia, 300 [l 300 The following are the receipts To Am9tera;mi, per steamer PoUui. 200 and shipments for the 200 past week and for the coi responding week Kbw Orleams—To Livorpooi, per steamers City of Bristol, 6.100 of the previous two years. ....Juana, 2,950.... Quebec, 5,060. ...St. Albans, 5,200. . 19,310 To Havre, per steamer Nctley Abbey, 4.141. . . .por slilp Cres- cent City. Attxandria, Egypt, 4,403 . » 8,544 To per ffot. 3. 1881. 1830. 1879. Bremen, steamer Kronprinz Priedrich Wilheim, 3,600 3.00O To Reval, per steamer Amy Dora, 5,101 9,T6i BeoeipU (oantarg*)— To Barcelona, per bark Cristina, 200 2OO To Genoa, per brig Aurora, 863 Thia week 150.000 160.000 200.000 g^s To Vera Cni7., per steamer City of Merlda, 729 : SinoeSept. 1 622.5.50 445,500. 729 940,000 Charlbston—To Liverpool, per steamer Enohantress. 3,914 Thit airuie Thi* Since Thit Since Upland aud 52 Sea Island 3,966 To Bremen, per steamer Brantford <;ity, week. Sept. 1. week. Sept. 1. week. Sept. 1. 6,039 1 0.039 To ABistardam. per bark Maramino Oalatoli, 1,200 1.200 Bgiorto (bale*)— To Barcelona, per steamer Aurora. 3.4O0 per bark Val- TO Liverpool.... 10,000 30,500 8.000 23,000 paraiso, 3,000 per brigs Juanito, 750 Vllasiir, 510 ... 7,060 18.000 59,016 Savannaji—To ToCoutiuent ... 3,023 7.583 1.372 4.982 7,491 18,425 Barcelona, per bark Virtuosa, 1,500 Upland 1.500 Tkxas—To Liverpool, per ship Kook City, 2,100 per bark Total Europe. 13,023 33.083 0,372 32.932' 23,491 78,031 Roma, 2,104 4,204 To Vera Cruz, per bark Kainan, 1,035 ' 1,035 A oantar Ig 08 Iba. Wii.MiNaTON—To Liverpool, per brig Atlanta, 1,192 1,198 This statement shows that the receipts Norfolk—To Liverpool, per .tteamer Lisoard, 5,300 5,300 for the week ending Baj.timobe-To Liverpool, por stitamerg American. Nov. 3 were 150,000 cantars and 914.... the shipments to all Enroce^ Qraola, 500 1,414 were 13,023 bales. To Bremen, per steamers Braunsohweie, (additional) 400 ....Leipulg, 2,295 MANOHMTEa Market.— 8,695 Our report received from Manchester BO8TOK—To Liverpool, per steamers Qlainorgan, 1.723. . .litrian. to-night 1,232.... Palmyra, 420 states that the market is steady for both twist« and 3,331 shirtings. PHiLAJ>Bijriiu.—To Liverpool, per stoauier LordCUve.OOS 695 We give the prices of to-day below, and leave previous weeks prices for comparison: Total „ „... 80,560 The particalars of these shipments, arranged in oar osoal 1881. 1880. form, are as follows: CoU'n Bremen Atnt- 32« Cop. 8<4»(. 32» Cop. OoU'n Mi'l. 8 "4 Ibt. Mid. Liver- <* Uanv- ter- Barce- rerct Ttoitt. Shirlinfft. Ittitl. Upds Shirtings. Upldt pooU Havre, burg. dam. Setal. lona. Orue. Total. New York.. 3,336 2,572 1,323 200 7.988 d. d. d. 8. d. d. d. d. N. Orleans. 19,310 8,544 3,600 5,101 200 729 38.347 S6jpt2 d. 8. d. 5>«a7 8»s 015,8 9>8 » O^e 9 97 7 Oliarlostoii 3,966 0.(j39 1.300 7,660 18,865 87«» 5'a»7 Sij 7'4 9'8 » 9T8 Savannah 1,500 1,500 " 16 9 ®7 9>« 5ia»7 Sis 9'9 » „ To.'caa 4,204 1,035 5,239 " 23 O^e 9 ®7 9 « 9\ 6 as 7H !m» 9^8 8 9 97 Wilmington 1,108 1,192 " 30 C '18 »H 93 71i6 OH* 9'8 7'397 6i3,e Norfolk.... 5,300 5.300 Ool. 7 9% 6 Baltimore.. " 98 e^g ills m 0\ 7 97 1.414 2,«0S 4,109 14 9 « 90s 6 6"i(, Boston " 98 6Tig Ok® 9'e 8 97 6% 3.381 3.881 21 9 « yia 638 !)a8 Philadolp'a 095 " 9% 9l0>« 9 93 6H 693 28 0\ a 9^ 938 aio^ 98 6\ Not 4 9>9a 13,6.>7 ®3 638 I 9H 910 98 Total... 42.703 11.116 1,400 5.101 0,360 1,761 B6.S60 Inoluded in tho above toiftis are, rrom Now York to Dull, 501 bales Tub Expoets op Cotto.i from New York this week show a and from New Orleans to Gi^uoa, 863 bales. decrease, as compared with last week, the total reaching 7.932 Below we give all new.^ received to date of disasters to vessals bales, against 7.978 balas last week. Below we give ou? u-inal carrying cotton from United States ports, etc.: table showing the exports of cotton from New iTork. and their IIamstnbm, eteam&rfBr.). from Charleston, arrived at Liverpool Octo- direction, for each of the last four weeks; also the total exports ber 26. Sho had lost Ilfo-boat and austalned other iiunmgo on tho passage. September 1, 1831. and in the last oofumn cuerh. tT.V.Tf"'".?:'"*'*' LisCABU, (teamer (Br.) Farmer, wbloh sailed from Norfolk, total for the same period of the previous Oot 23, for year: Uverpool. pat into St Sohnx, r(. F., Oct 31. fUie lost tJiroe bladea . . Vol. XXXUI. 508 THE CHRONU^LE. I of tjie Gulf did not give of her propellor by strikiug a los at the inner edge inquiry from shippers any sustained strength to new propellor as soon as possible and Stream. She would ship a values, and yeeterday some further decline was accepted for Macedonia! s™anrer^("l5i\f.Vatson. from Charleston, at Liverpool, Oct. some grades. Eye flour has also materially declined. To-day and sustaini-d other damage I4 I4 January. Since there has been a variable and somewhat Llverjiool, steam d. 632314 6,2® 14 63,314 63a® 632® 633® M fitful advances being followed Do gail...d. — irregular market, by partial '16* Hayre, steam e. '16* hi' 'l»' Tie* 'is* declines. Supplies continue to come forward very slowly at Do sail c. .... — — the West, while the lower prices, in conjunction with very low Bremen, steam, -c. asa'is 383716 383T,e HStie 38»7ig 3e®'.« rates of ocean freights, have caused some increase in the export Do sail c. — — movement. To-day the opening was lower, but the close Hamburg, steam.d. 'is Jio •u ^18 '18 '16 Do sail.-.d. — — steadier; No. 2 red winter, $1 46j6 for December, and f 1 49^ Amst'd'm, steam.c. »1« »ie »10 »1« »ifl »u for January. sail...(f. — — Do Indian corn, though variable and comparatively quiet, did 38 Baltic, steam.... rf. % 38 % % % not share in the extreme depression of wheat during the first Do sail e. half of the week under review. Receipts have been quite mod- * Compressed. Liverpool.—By cable from Liverpool, we have the following erate, and the demand sufficient to prevent any further accu- sliatement of the week's sales, stocks, &e., at that port: mulation of stocks. Still tho local trade has been compara- tively dull. To-day there was no essential change in prices, but 0-.L H. Oct. 21. Oct. 28. yov. 4. a quieter market; No. 2 mixed, IVyia. for December and 73?^o. 79,000 91,000 77,000 Sales of the week bales. 70,000 for January. Rye has been about steady, with rather more Of which exporters t«ok 3,300 2,900 9.800 8,200 Of which speculators took.. 1,5S0 2,500 4,100 5,700 doing. Barley has suffered an important decline, but the Sales Auiericau 56,000 61,000 71,000 CO.OOO reduced prices have led to a material increase in the volume of A t^tiial export 4.700 4,200 3,50C 5,700 Forw.ardcd 6,200 8,000 4,200 14,11 00 business ; recent sales include four-rowed State at f 1, and No. 1 Total stock— Kstiiuated .501,000 542,000 533,000 509,000 Of which Ainericau— Estim'rt 4.'i8,000 415,000 416,00(1 399,000 Canada at $1 13@$1 14. To-day the market was dull and weak. week .54.000 37,000 75.000 61,000 Total import of the doing better for mixed, Of which American 28.000 22,500 GS.OOO 49,500 Oats have been with more activity in Amount afloat 204,000 235.000 202,000 202,000 the regular trade and a brisk speculation. To-day No. 2 or which American 162,000 195,000 164,000 161,000 graded were quoted at 43^c. for mixed and 51^c. for white, rue toue of tli« urertioul inarlcet for 8i>i >Ds and futures eaoU day of the week ending Nov. 1, and the daily clos Hig prices of spot cotton, have and for future delivery No. 2 sold at 49^c. for December and *<«qn as follows: 50%c. for January. Sahtniay MoiuUiy. Tuesday. Wedn^. Thund'y. Fndaij The following are closing quotations: Spot. Flour. OratH. I Mod. dem. Dull Mod. lull. No. 2 spring... bbl. 50» 4 S $3 10 I Wheat- Market, } Good freely Steady. Steady. freely and No. 2 4 12:30 P.M demand. winter OOS 4 50 Spring . :t>i 2.> ®1 42 5 supplied. easier. supplied. Winter superfine 5 OOS- 5 -,'5 Spring, No. 2 138 ail 40 eag 638 638 Mid. Upl'ds 67i„ «'16 Spring supertiue 4 70^ 5 10 Red winter 1 30 91 44 6 Ola 6I3 Mid.Orl'us '-4 61a O'Jia 61.J Spriug wboat extras.. 5 3">» 5 75 Red winter. No. 2 1 42 t?l 4314 Sales 12,0>)0 10,000 8,01)0 10,000 12.000 12.000 do XX and XXX .. 5 85;* 7 00 White 1 33 3142 Spcc.&exp. 1,000 1,000 LOOK 1,000 1.000 2,000 Wis. &Mlr.n. ryemix. 40<* 6 75 Corn—West, mixed. B5 a 70 Wiuter shipp'g extras. 5 60 « 5 90 West. No. 2 69 a 6n\ F:itu)et. do XXaudXXX... 6 003 7 25 Western yellow.. NOVKIBBK 9, 18S1.1 THE CHRONICLE. 609 Hai! shipments from Westera lake and rirer porta for the agents, but otherwise valufB remained steady and without ffeel ended quotable change. • 1881. 1880. 1879 1878. Wuk Week Week Week Domestic Cottos Goooh.—The exports of ootton gooda from Oct 29. (>el. 30. Nov.l. Nov. 2. this port during Hoar bbta. lll,9«5 13a,886 161,781 loa.7.^4 the week ending November 1 were 2,930 packages, 1,198 of which were shipped to China, 838 to Ur«at Wlieikt bush. 2(>4.fl33 37(, ,i!\a 3S6,n:it 317,.'>(»^ Corn !)73.«00 7.1(1 .-M.-i 294,72a 2.' 0.970 Britain, 366 to Chili, 180 to Hayti, 88 to Hambarg. 82 to Mexico, 40i>.794 !>.'i'.; ,H'i7 402,1 11 178..">t>7 Oatii Ac. Thefreneral demand for cotton B»rley I«l,0t3 I7r. ,39* 20l,U7U 135,427 goods at first hand* wa« Kye 74.283 91 .267 45,423 22,555 only moderate, but deliveries on account of back orders reached Total 1,586.25S 2.8Jti.l82 1,390.49(3 905,027 an important aggregate amount, and some large ules of plain Bail and lake Hbipirents from same ports for la.st four wuek.'«: and colored cottons were made to jobbers, converters, finishers Week flour, Wheal, Corn, OaU, Birley, /Cue, enrimu— oni', tmsh. ^luA. bush. bttgh. and shirt manufacturers for future delivery. Prices ruled very Oot. 29...20!i(9l 757,710 2,755.74."> 512,424 1(14.043 74.288 firm, with a strong upward tendency, and some prominent Oct. •i-.'...l"3,7,^7 918.141 2,931.(33.! 843.747 138.833 9 1.799 Oct. l.')...199,sm 832.0I5S 2.188.117 582.211 244.597 65.(»71 makes of brown and bleached goods, tickings, ducks, Ac, were Oct. 8. .232,'.l3;t 559,327 1,682.191 727.515 184,473 lOj.tiDti advanced from ^c. to ^c. per yard, among which were Lons- To'.,4wta.815.(>c)3 3.067.269 9, a.)7.989 2,465.897 751.951 335.414 dale shirtings, which were marked np to lO^c. and Conti- 4.'k»"80..73l30S 9.4(.'8,5:9 11, 25t),770 4.482.931 889.880 480,251 nental Ke< eipts of Hoar and grain at seaboard ports for the week C browns to 8^c. Print cloths were in active demand •nded Oct. 29: and higher, closing at 4c. for 64x64 "spots" and "near futures," Flour, Wheat, Corn, Barley, Oalt, Rye, and 3>6c. for 56x608; but even at these figures At— bbU. butk. buth. busk. bush. bttsh. manufastnrers ewYurk 118.D82 930,194 711,110 185.736 143,800 53,958 are unwilling to make contracts extending to MarcTi. Prints, Soetou D3,ii89 29,609 237,045 114,267 5,975 450 Fortland 2,980 7,200 3,''00 ginghams and cotton dress goods ruled quiet, but the best 270,798 Montreal 30,118 5,700 81.950 46,414 45.397 makes are steadily held and stocks are in very good shape. miaaelpbin... 19,946 30,000 132,600 62,150 58,000 500 Baltliuoi-o 22,86.) 280,760 118.u0a 21.000 3,000 Domestic Woolen Goods.—There was a less active demand NewOrloanii... 12.617 513 3,125 19.313 for spring ca-ssimeres and worsted coatings—the larger buyers Total woi*... 2iil.l97 1,441.929 1,261,780 488,218 251,739 103.305 having completed their early purchases—but a good many Oor. week '80.. 291,628 4,655,193 2.936.607 713.591 354.044 121.853 additional orders were placed by small clothiers, and there was Total receipts at same ports from Dec. 27 to Oct. 29, incla- an increased movement, in execution of back orders. BiTe. for four years : Heavy ISai. 1880. 1879. 1878. clothing woolens were quiet in both first and second hands, the flour bbU. 10,017,722 8.716,932 9,017,334 7,885,664 mildness of the weather having checked the demand for con- Wheat... .bush. 60,901.873 109.0I>9,169 126,744,124 91,267.118 sumption. The condition of the market for men's-wear woolens Oom. ... 91.340.007 123,414,617 92,871.017 93,351,357 Oikta 23,789,093 19,984,081 18.795.533 20.98-i.523 continues very satisfactory, stocks being well in hand and Barley.. 3.146.832 3,031.2(!2 3,295,182 4.457,771 Rye 1,513,328 2,003.965 3,983,515 4,237.219 prices firm. Cloakings and repellents were quiet, and there was only a limited demand for Kentucky jeans and satinets; Total Itrain .... 200,737.635 237.,"0^.127 245.089.421 214.301,938 Exports from United States seaboard ports and from Montreal but there was a steady movement in colored flannels and blan- for week endinK Oct. 29, 1881: kets, in execntion of former orders, and ladies' dress and sack- Flour, Wlieal, Corn, Oats, Rye, Peas, flannels in request. From— bbls. bush. bush. bush. bush. bush. ing were good HewYork 41,213 359,015 732,330 3,304 41,501 2,062 FoREioN Dry G(30D3 were quiet in first hands, and sluggish Boston 11,981 1 2.729 142,930 175 Portland 250 with jobbers, and the ofiferiogs at auction were not of much Montreal 14,801 200,669 54,786 314.330 importance. Prices are well maintained on nearly all staple Philadelphia. 475 146,840 Baltimore 940 159,536 91.5,50 300 fabrics because stocks are in good shape, and fancy dress New OrloauB. 28 15,321 15 goods, &c., are in much smaller supply than is usually the Total for w'k 70.392 731,979 1,128.971 58,580 41,.501 316.908 case at this stage of the season, slight price concessions having Bame time '80. 133.707 2.412,461 1,733,756 7,660 114,443 154,531 enabled importers to close out their accumulations. The visible supply of grain, comprising the stocks in granary at the principal points of accumulation at lake and seaboard Imitorcallona of Dry Oooda. ports, and in transit by rail and water, Oct. 29, 1881, was as The importations of dry goods at this port for the week folkws: ending Nov. 3, 1831 and since January 1, and the same facts Wheal, Com, Oalt, Barley, Rye. for the corresponding periods of 1880, are as follows: In store at— bush. bush. bttsh. bush. hush. Bfew York 6,241,935 5,795,411 l.-'96,0B0 52.037 60.011 Do. afloat (tat.) 456,000 1,822.000 580,000 393,000 50.00J 5 Albany 16,000 90,000 13.600 88,50iJ lOO.OOO Buffalo 457,9-52 724,878 30,705 39,075 17,060 Chi(»co 3,718,07!) 7,016,123 M 369,620 291,6i0 334.377 |: : p: § Milwaukee 357,277 4,695 1.668 226,985 79,306 l>uIllLU gi . : a 2JT.OOO : ; : g : : 3 Toledo 1,408,3J4 234,415 : : 73,546 15,127 g: i S Detroit 793.027 10,420 18,008 Oswego.. 120,000 190,000 ... . 700,000 54,000 Bt. Louis 1,004.700 1,596,704 365,765 38.298 132,814 Boatou 30.404 229,379 120,771 4.118 2,961 to Toronto 18(.i.939 283.900 8,7<>3 to ' — Montreal 382,391 44,203 19,734 10,505 36,081 CO u to CO b PhiladelpUia I xw 757.374 7»9,289 80,000 o\-^t I g o c: -1 *- tOX WO'* ?.0>l?.tt Peoria 10.714 ;.')9,726 140,706 317 177,728 Indianapolis 451.800 200,'JOO ^ >- CO »2 N- 43.700 9,100 o — - Kansas City (22). 383,354 ,">5,"j(;5 51,292 7,226 to Friday, P. M., November 4, 1881. :-! .-*. lOiyt — H-tO HO The S09MMMODIOCffW I? demand for dry goods during the past week has been : tocc *» *» eg t».Qca:opq» tc o 'x> I OS c J to — lO - w irregular, and npon the whole sluggish, as is generally the case H*l^ffitCt3 between seaiions. Cotton goods have received more attention -I from large jobbers, converters and finishers, who have antici- b-'CEtOi;* wbicbw ac — i,-» *-. »- pated future wants to some extent, and a very considerable to «. -^ X W business was quietly done in this connnection by manufacturere' agents. W(.>olen good.-) have displayed less animation than of I0UAI09 otjcpoo) late, woo WCt^OO "-ltO«»-M '*fc Vxbb and the demand for prints, ginghams, dress goods and 00 -J -^ .^ M c— i>.K.5 WW ;,t o — ts to other sea.sonable fabrics, was mostly of a hand-to-mouth char- acter. The jobbing trade was mostly quiet, transactions having UM*'WCi lobito^ob been chiefly confined «- O) ci i*» to W J< to filling orders from retailers in the wto py»^j3to interior, who are apparently w'x«o*:-ib b'ti» © ^1 X r. ^ doing a fair business. Some lead- •-*to ing X«- U" •- X X - makes of cotton goods were advanced by manufactareia' W05— : 510 THE CHKONICLE. [Vol. XXXIII. Financial. Financial. financial. Howard Lapslet, D. Setmour Willard Farmer, Olliffe & Schmidt, Members N. Y. Stock Exchange. W. W. CTRtrs W. Field, Jr. Cyrus W. fielb MONROE, L.OUISIANA. No. 72 BROADWAY & No. 13 NEW ST., Special. Counselor, Solicitor and Attorney. BROKERS FOR THE PURCHASE AND Lapsley, Field & Co., Practices In the District, Circuit and Supreme SALE OF RAILROAD SECURITIES. Courts of the United States and or the State, in STOCK BROKERS, all classes of cases. Has no other business, and de- CORNELIUS W. OLLIFFE, his personal attention and aii his time exclu- Member of N- Y. Stock Exchange. votes No. 5 9%veiv to his profession. Refers to Bank of Monroe. EDMUND P. SCHMIDT, WALL STREET, ESTABLISHED Member of N. Y. Stock Exchange. Nenr York. C. M. RCTTBB, W. N. WALKKB. 1804. Member of N. Y. Stock Exchange. walston h. brown. FRED. A. BROWN. Coleman Benedict & Co. Rutter & Walker, Walston H . Brown & Bro. No. 2i BROAD ST., NEW YORK, BANKBRS AIVD BROKERS, BANKERS, (STOCKS AND BONDS, No. 80 BROAJ>WAY, NEW YORK, 11 Pine Street, New York. MEMBERS OF THE N. T STOCK E2CHANOE. Buy and Sell on CommisBion, for cash or on mar- gin, a4l Securities dealt in at the New York Stock A strictly commission business conducted in the Exchange. Interest allowed on daily balances. aPBCIAL ATTENTION GIVEN TO THB NBaO. purchase and sale of Stocks and Bonds on Margin Particular attention paid to orders by mail or tele- TIATION OF or for investment. graph. Complete Financial Report issued weekly to our RAILROAD SECURITIES. eorrespondents F. E. Trowbridge, Geo. K. Sijitare's Sons, BANKER AND BROKER, Fred H. Smith, No. S BROAD OR 37 WALL STREET, IT NASSAU ST., NEW YORK, BANKER AND BROKER, NEW YORK. DEALERS IN No. 20 BROAD STREET, JIEW YORK. Kmnlxr •/ flu N. T. Stock Sxchange. RAILROAD SECURITIES FIRST-CLASS INTESTMENTS. Branch Oifici: (An Intimate knowledge of all for the past 10 Tears BATEMAN & CO., WASHINGTON, D. C Buy and Sell on Commission, for cash ur on mar- A SPECIALTY. Rin, all securities dealt tn at the Mew York Stock A General Bankini Baslnesa Transacted. Investors or Dealers wishing to buy or sell are Kxchange. invited to communicate. State, Municipal and Securities bought and sold on commission for cash Railway Bonds and Coupons bought and sold at best Interest allowed on daily balances. or on margin. Market Rates. All deposits subject to check at sight. Advances made on approved collateral at the market rate. orders mall or tele- Particular attention to by I^eposlts received subject to check at sight. «raph. 4 per cent interest allowed on all daily balances. Orders executed at London. San Francisco, Bos- Thso. t. Sand. John Sicekls. ton, Philadelphia and Baltimore Exchanges. Max E. Sand, Member N. Y. Stock Ezch. P. 8.—My New York Weekly Kinancial Report is Geo. H. Prentiss, mailed free of charge on apDlloation, Sand Brothers & Co., H*. 17 WALL STREET, NEW YORK. J D. PBrNci, Jas. Whitilt, H. Crugek Oaklii HARHr C. Logan, maynard C. eybe. BANKERS AND BROKERS, W. R. Tbavebs, Special Partner. CAS STOCKS 64 IVall Street, New York. AND Prince & Whitely, BTOCKB AND BONDS BOUGHT AND SOLD OB \o 64 BROADIVAY, NETT YORK, CiAS SECVRITIES, COMMISSION. (Branch Office, 180 Fifth ATenue). STREET BAILBOAD STOCKS Ain> BONDS All classes of Railway and Mining Stocks bought COMMERCIAL PAPER NEGOTIATED. and sold on Commission. AND ALL KINDS OF Private Telegraph Wires to Philadelphia, Wilming- ton. Baltimore, Washington, Boston, Bridgeport BROOKLYN SECURITIES and New Uaven. W. C. Flotd-jonrs, William robison. Randall & Wierum, DEALT IN. Members of the N. Y. Stock Exchange. 50 EXCHANGE PLACE, 8BB QAS QUOTATIONS IN THIS PAPER. Floyd-Jones & Robison, firokers in Railroad Stoclcs and Bonds, GOTERNMENTS 4 FOBEION EXCBANGB. Krnnt Gboisbkck, grant B. SCHLir, BANKERS AND BROKERS, Members N. Y. Stock Exchange Chas. K. Randall, Otto C. Wibrum. No, 2 EXCHANGE C017RT. Member N. Y. Stock Exchange. Btocks. Bonds and all InTestment Securities Groesbeck & Schley, bought and sold [strictly on commission] for cash or on margin. R. A. Lancaster & Co., B R O K £ B S, BANKERS AND BKOKERS, N« 13 WALL STREET, NEW YORK. Glazier, Kohn & Co., 6S BROADWAY, NEW YORK, DEALERS IN Flrst-Claas InveBtment Secnrltlea. NEW YORK CINCINNATI. O.: BANKERS AND BROKERS, GKO. W. CECIL, GOVERNMENT BONDS, STATE. CITY, CO0NTT W. P. TBOIIAS. Member N.Y. Stock Ex. 66 BROADWAY AND 19 NEW STREET, RAILROAD i MISCELLANEOUS SKctJRITlBS M. ZIMUKRUAN. W. M. WILSBIBX. Bought and Sold on Commission. KEW rORK. yirginia Tax-Beceivable Coupons Bought. bovIhe&j/ securities a speviaj.1I. : Cecil, Zimmerman & Co. STOCKS AND BONDS BOUGHT negotiated. AND BOLD ON loans \ BANKERS AND BROKERS, COMMISSION. Interest Allowed on Deposits- 74 BROADWAY, NEW YORK, 69 WEST THIRD ST., CINCINNATI, O, E. S. B AI LE Y , •Wh.d. Hatch, Wm. b. Kindall. Member N. T. Stock Ezch. 7 PINE STREET. Dealings in Insurance Stocks No. 81 WALL STREET, BANKERS,C^ Co. A SPECIALTY. BANKERS AND BROKERS, Cash p^d St once for the above Securities: o No. 18 flTALL STREET, they will be sold on oommission.st soller'a optlOD' Refer to Messrs. FisK A Hatch. Neiv York. Transact a General Banking Bnsiness. Including the purchase and sale of STOCKS and BONOS for Kitchen, 01Xi;«s,pot(DEj^ SJejvi^ins, cash or on margin. James Buy and Sell InTeittinent Securities. BKOKER IN UNCUREIOr P O. BOX 2,647 COMMISSION INVE8TMENT8, A . M. KlDDIR. WATLANT) TRA8K. H. J. MORSl W. C Hill. 25fiNe§T.-l^eujY0RK' 70 CEDAR STREET, Parchue and sell on Commission GOVERNMENT P. O. BOX S118. NEW YOBl mod RAILROAD BONDS and STOCKS, and all classes of Securities dealt in at the NEW YORK STOCK EXCHANGE, or all reputable Securities STOCKS and BONDf bought and sold In the OPEN MARKET. LOANS •nd COMMERCIAL PAPER negotiated. Interest aid on DEPOSITS At Auction. . subject , to check. BANKERS, 38 Bron.rway, cor. Exchange Place, N. Y. The Undersigned told REGULAR AUCTIO: Clark BALi^ of &U classes of & Bacon, BOODY, SALTONSTALL « CO., ANKERS AND BROKERS, 128 La Salle St., Chlcaso. STOCKS AND BONDS TRANSACT A GENERAL BANKING BUSINESS. OK 8 Flue Street, New York. INCLUDING THB PURCHASE AND SALE OF FOR CASH OR ON MAR. WEDNESDAYS AND BATL'UDArS. 1° go'n'n'M'on j" Securities dealt in GIN.STS<"S,^'yi,5 financial. BcMtoB Banken. BHiUmore Baaken. John f. Stark. ' OIOBOI BTilRC. Foote & French, W. 8. WUVTMLWI. Jr. . N. Moanev. Whiteley Morison, George Stark. & Co., BANKBHS, & HANKKHS, B R O K K R ». AND DHAL>BR8 IN 8TOOK8, NOTKH AND HONDM, AND DIALIRS No. 33 NAH8AU STREET, NEW YORK. IN KOKKKiN KXCHANUB, Comer Honih and tJrroian Mtreota. auj >nd sell InTeatiuanl Seourltle* lot oaah or on (liO V ERIVni KNT BONDS, BAtiTlinORE, no. ipoolaltr msde of Western Fami enmmlHlon. A Correspondeao* or ALL 18SUIC8. Inrtted and full Informatloa ea Mortnsea bearlna from T to 10 per oent Interest. ananotal snbjeou ranilshed. Wilt undertake the navotlatlon of lo&ni upoi snifill amounts aoMuissios OBBEsa szsovisD ta Weetern CItr propertT In larne or Robert Garrett Sons, BOSTON, & Gallaudet Co., BANKERS, P W & NEW YORK, BANKERS, No. 7 MODTH MTREBT, PHI LA DBLPH lA UiV/TBD HAXK BUILDISO. , BALTinORB. WAM. WTKKKT, COR. BROADWAY. No. 7 CONGRESS STREET AND TRANSACT A UKNKHAL DOMESTIC AND Wiiti. EUJN BANKING RIJ8INKS8. PTOCKS, BONDS * COMMERCIAL PAPER. Nu, 2 CONOKESS SQUARE, Stocks and Bonds boUKht and sold on oommlBslon at N. V. stock KiclianKe. Pblladelplila AdTHnues miulo on bualneu paper and other HOSTOni, BIAS8. Banken. securities. Org. a THOMAS. Joi. M. BBomAKnu 0HABI.S8SSTON UINHT. W. BOWARD QlLOBB Geo.U' iii.BallouAz^Co BANKERS, Thomas & Shoemaker, Henry Gilder, & 14 Wall Ntreei, 73 Dewonnlilre St.^ BANKERS AND STOCK BROKERS, W BROADWAY, ROOM 10. NKW YORK. BOSTON. 134 South Third St., PHILADELPHIA. •TOCRiil. BONDS AND niMCELLANEOUi^ Receive accounts of Banks. Bankers. Corporations Dealers SECURITIES and IndividuHls upon favorable terras. In all Issues of United States Bonds. BOUGHT AND .SOLD ON COMMISSION. Deal In Governments and Standard Investment Investment Secontles a specialty. Correspondenea Securities. Invited and full information upon financial snbjsets Members New York Mlnlns Stock Exohanye Bonds and Stocks bought and sold on com mission CORRI8PONDIN0I BOUCMTKD. at the New York, Boston and other Kxchanges. furnished. GEO. WM. BALL.OU, D. H. DARLING, WM. H. BINGHAM, A. 8. WEEKS, A. P. Turner & Co., New York. Boeton. BANKERS, Brewster, Basset & Co., Ho.'im Walnut Place, PHILADELPHIA. J. P. WINTRI1WOH4III. Government, State. Municipal and Railway Bonds and Stocks boutrht and sold at all the K ccnanges. GAS, INSURANCE. BANK STOCKS, &o. BANKERS, Investments prudently made in sound railway se- onrities. CollectionH promptly attended BBOCTatTIES to. BOrOHT AT THK AUCTION SALES. Correspondents carefully rupresented at Auctions No. 30 PINE 8TREET, No 36 CONGRESS STREET, and Private Sales. Bonds of yood but not well- NKW YORK. known railroads always wanted for Investments at s^ BOSTON. the best rates. Orders on mariflna not entertained HEMBUKS OF TBB NEW YORK AND BOSTON John B. Manning, Southern Bankertt. BANKER AND BROKER, STOCK KXCHANQB8. No. 6 Wall Street, New York Oltj ALSO, WM.C.CoiraTNBr,Pres. BRNSSTH.PRiNaLi.Casli SOUTHERN SECVRITIES Dealers In Manlclpal, State, Railroad and BANK OF CHABLESTON, A SPECIALTY United States Bonds. NATIOWAI. BANKING ASSOCIATION, State, MoDlclpal and Railway >'ond8 and Coupons CHARLESTON, S. C. ^Qffhtand sold at best market ratex. Investors or Spioiai. attrntion given to CoixicnoNS. dealers vlshlng to Duy or sell are Invited to communl- Parker & Stackpole, e»t« with us. BuRBCgg, Pres't. Member of the New York - tock Exchanze. BANKERS, E. B. A. K. WAi,KCIi, Cashier First National Bank, No. 68 DEVOASHIRB STREET, Wm. Fisher & Sons, UriLiniNGTON, N. c. BANKERS, BOSTON. Collections made on all parts of the United States And Dealera In GOTernmentn, Stock* and InTeatnient Secnrltlea, Tower, Giddings & Co., Campbell & Schoolcrafti OiTae:n imscond St , 32 SOUTH STREET, BALTIinORE, niD., BANKERS, STOCK BROKERS, Bare Western Union wires In their offices, by No. 83 DEVONSHIRE STREET. means of which Immediate communication can be No. 1104 MAIN STREET. bad with all commercial points in the country. Bs- BOSTON. pecial attention given to purchase and sale of Vir- BIOHinOND, VA. ginia Consols. Ton-forties. Deferred and all issiiea Orders for Stocks executed in Boston, New York of the State, and to all classes of Southern State and other markets. pty and Hallway Securities. Correspondence so- SOUTHERN 8JB0VRITIE8 A 8PJS0IALTT C.has. TBU8. F.MIU.RU, R.D.WILLIAMS, JNO. W.MIU.RB A. Sweet & Co., CBA8. B. HlLLia. P. h. Keleher & Co., BANKERS Thos. P. Miller & Co., BANKERS AND BROKERS, »W MTATE STREET, BOSTON. BANKKKS. No. 305 Olive Street, moBIIdK, AI^ABAIflA. DEALERS IN GOVERNMENT SECURITIES Hpeclal attention paid to coltectiona, w*ih promiit ST. LOUIS, mo., State. City. County and Railroad Bonds. remlttiinces at current rate« ot ezcnanffti onoayof payment Bny and sell Oovemment, State, Connty. Township and '^rrespondenti.—German-American Bank N«w Municipal Bonds. Coupons collected. Missouri LoQistana National Bank. New Orleaiu Bank uonds a specialty. York: Foreign exchange booimtand sold Baltimore Banken. ot Liverpool. Itlrerpool. A. CO., BANKING HOUSE OF Sethi I. &H.B. Whiteley B. H. IHAUBY STOCK BROKERS, BANKERS AND BROKERS, RICHMOND, VIRGINIA, G. W. Norton & Co., Buy and sell Oovemment, State. Municipal aad No. 27 GERMAN STREET; Rallread Bonds and Stocks. Ac. Vlrftlnla StateTax- CASH Receivable Coupons bought and sold. All ordars CAPITAL. »a«),000. P.O. Box 313. BALTimORE. promptly attended to _ New York Correspondent, VERMILYK A 00. LOVISVIl,I.B, KENTUCKY. Orders for Stocks executed In Boston, New York Philadelphia and Richmond. MERCHANTS' NATIONAL BANK. j.WiLtcox Brown. C. D. LOW.NDBS. RICHMOND, VIRGINIA. Swan & Barrett, Collections made on all Southern points on best terms ; prompt returns. BANKERS AND BROKERS. Brown & Lowndes, JORN P. BRANCH, President. J. B. Morton, Cash. frbd. R. Scort, Vlce-PrssX 186 middle Street, BANKBRM AND BROKERS PORTLAND, MAINE. TIIOIflAN BBA\CII A CO., No. 19 GERMAN STREET, D*S'"'..'iJ Government, State. Connty. City and BANKERS AND COMMISSION MERCHANTS. Hli'^IPoi*'' Bank Stocks, Ac. P. O. Box 874. BALTimORB RICHMOND, VIRGINIA, Inveatment Securities constantly on hand Information on all classes of Sonthem Seoultlas. especially State Bonds, Tax Coupons, Ae. Cor- Wilson, Colston & Co., respondencs solicited. George Eustis & Co., BANKERS AND BROKERS. HARRIS A RBIIVD, B.ti.TIllIOBB. STOCK AND BOND BROKERS, INVESTMENT and VIROINI '^S'^URITIBS a S K O K K l< S GEORGIA. . specialty. ACGCSTA, correspondence solicited and 'afvrmatloa fur- Buy and sell all kinds of Investment Secnrttle nished. ontrlxht or on cemmlsslon. Information tnmlsbsd CINOimtATI, OHIO. M. Y. OoBa>aPoin>BNT»-MoKlm BroUisn A Co. Ordars and eonraspondeaeo salWted. : : : Vol. XXXIII. % THE CHRONICLE. I Steamsbips. Insurance. Insurance. Only Direct Line to France. OFFICE OF THE HOME GENERAL TRANSATLANTIC CO. BETWEEN NEW VORK AND HAVRE. Insurance Companv From Pier (new) 42 North River, foot of Morton St. OF IVEtV VORK, Travelers by this lino avoid both transit by Knu- ATLANTIC OFFICE, 119 BROADWAY. llsh Railway and the discomforts of crossing the Channel in a small boat. „ ™ . ., FIfty-Slxtb Seml-annnal Stateinf^nt, ST. LAURENT, 8ervan Wed., Nov. 9.7 A.M. FRANCE, Trudelle Wed.. Nov. 18, 1 P. M. SHOWING THK CANADA, Franguel Wed., Nov.28, 6 A. M. CONDITION OF THE COMPANY ON THE FIRST Pbick op Passage—(IncludinK wine,: To Havre- Mutual Insurance Co., *aO; steer- DAY OF JULY, 1881. First cabin. tlOO and t80 ; second cabin, age, $26, including wine, bedding and utensils. Re- CASH CAPITAL $3,000,000 00 turn tickets at very reduced rates. Checks drawn Reserve for Unearned Premiums 1,896,678 00 Credit Lyonnais of Purls in amounts to suit. Reserve for on NEW YORK, January 25, 1881. Unpaid Losses 210,724 29 FOR MARSEILLES, Net Surplus 1,758,627 03 TOnCHINQ AT CADIZ, GlBBALTAU & BARCELONA. The Trustees, in conformity to tlie Charter ot The following steamers will leave New York direct the Company, submit the following Statement Cash Assets $6,866,029 32 lor Cadiz, Gibraltar, Barcelona and Marseilles, tak- SUMOTARY OF ing freight and passengers of its affairs on the 31st December, 1880 ASSETS Baquesne Nov.28 Held in the United States, available for the FERDINAND DB LBSSKPS, Premiums on Marine Rislis from PAY- Dec. 15 MENT of LOSSES by FIKE and for the protec- RATES OF PASSAGE—For Cadiz and Gibraltar- Ist January, 1880, to 31st »e- tion of Policy-Uolders of FIRE INSURANCK: for Barcelona and Mar- Cash in Banks first cabin. $75 and $90; 04 |!153,277 11 seilles-First cabin, $80 and $100. Steerage, $32. cember, 1880 $4,232,675 Bonds and mortgages, beins first lien on Through bills of lading issued to Mediterranean Premiums on Policies not marked real estate (worth t3,680,650) 1,715,558 00 Ports, including Barcelona, Algeria, Tunis, Genoa, United States stocks (market value) 2,029,100 00 Leghorn, Naples, Messina; also, for Trieste and off Ist January, 1880 1,495,947 23 Bank & KR. stocks & bds. (market value) 865,517 50 Constantinople. State and municipal b'ds (market value) 192,750 00 N. B.—No freight taken for Gibraltar. Total Marine Premiums .... $5,728,622 27 Loans on stocks, payable on demand LOUIS DE BEBIAN, AKent, (market value of collater'ls, $2.450, 734) 1,865.600 00 Interest due on 1st July, 18>Jl 69,2(l» 11 No. H BowlinK Green. Premiums marked off from Ist Premiums uncoU'et'd & in h'nds of agts. 143,202 17 January, 1880 to 31st Decem- Real estate 51,815 40 Publications. ber, 1880 $4,141,087 80 Total »e,866,oae sa CHAS. J. MAKTIN. ITealdent. Losses paid during the same ^~Tlie Greatest Liring Autliors J. H. WASHBURN, Secretary. period $2,071,238 98 -^ anch as Prof. Max HI al- OFFICE OP THE ter, Right Hon. W. E. Returns of Premiums and ex- Qiadstone, James A. penses $873,113 96 Fronde, Prof. Hnxley, ORIENT R. A. Proctor, Edw, A. The Company has the following assets, viz.; Freeman, Prof. Tyndall United States and State of New Mutual Insurance Co., Dr. W. R. Carpenter, York Stock, City, Bank and Pro!. Goldwin Smltb, other Stocks $8,983,558 00 New Y'ork, January 27, 1881. Tbe J>ake of Argyll, Loans secured by Stocks and The following statement of the affairs of this William RIack, Miss otherwise 1,187,900 00 Company on the 31st day ot December, 1880, is Real Estate and Claims due the conformity with the provisions of Thackeray, lUrs. Mnloch-Craik, Geo. published in estimated at 470,000 00 MacDonald, Mrs. Ollphant, Jean Inge- Company, itfl Charter Premium Notes and Bills Re- Premiums unearned 3l8t Decem- lonr, Thomas Hardy, Matthenr Ar- ceivable 1,628,921 34 ber, 1879 $144,765 10 nold, ^IV. H. mallock, W. U. Story, Tnrgaenlef, Carlyle, Raskin, Tenny- CashlnBank 337,977 37 Net preaniums received duting ending 31st Dec., 1880 1,041,762 63 son, Rronrnlng, and many others, are repre Aiaount $12,608,356 71 the year eented in tbe pages 1 Total premiimis $1,186,527 73 SIX PER CENT INTEREST on the outstand- LiTTELL s Living Agr. certittcates of profits will be paid to the holders Earned pretnlums of the year. . . $1,032,010 05 Id 1881, The Living Age entered upon Its thirty- thereof, or their legal representatiTes, on and Losses and expenses $614,846 94 eighth year, admittedly unrivalled and continu- after Tuesday, the First of February next. ously BuccesBful. A weekly magazine, it gives more Re-insurance and return prem- THE OUTSTANDING CERTIFICATES of than iums $249,915 99 THREE AND A QUARTER THOUSAND the issue of 1876 will be redeemed and paid to the holders thereof, or their legal representar ASSEIIS double-column octavo pages of reading matter year- tives, and after Tuesday, the First of Febru- on 3l8t December, 1880. ly. It presents in an inexpensive form, considerinn ai7 next, from which date all Interest thereon ta great amount of matter, with freshness, owing Cashin banks $93,279 63 will cease. The certificates to be produced at to its weekly issue, and with a satisfactory com- United States stock 280,031 25 the time of payment and canceled. pleteness attempted by no other publication, the Stocks of Corporations 78,142 00 best Essays, Reviews. Criticisms. Serial and Short A DIVIDEND OF FORTY PER CENT is Real estate 350,029 18 Stories, SlietcheB of Travel and Discovery. Poetry, Scientitic. Biographical, Historical and Political In- declared on the net earned premiums of the Subscription notes, bills receiv- formation, from the entire body of Foreign Peri- Company, for the year ending 31st December, imcolleoted premiums 386,597 odical Literature. able and 7S It is therefore invaluable to every American 1830, for which certificates will be issued on Suspense accoimt and accrued reader, as the only satisfactorily fresh and COM- and after Tuesday, the Third of May next. 58 PLETE compilation of an indispensable current, interest 14.582 literature,—indispensable because it embraces the By order of the Board, productions of Total amoimt of assets $1,202,612 42 Board of Trustees have this day THE ABLEST LIYING WRITERS J. H. CHAPMAN, Seoretary. The in aU branches of Literature, Science, Politics and Eeeolved, That six per cent interest on the 4rt. outstanding Certificates of Profit be paid to the " In no other form can so much thoroughly good holders thereof, or their legal represeatatives, reading be got for so little money ; in no other form can so much instruction and entertainment be got on or after Ist March next. in so Rmall a sp&ce,"~Philadelphia TiiTiea. T order of the Board, "There is no other publioalion like it. It is known RV StBILSt By and read by all who desire to keep abreast with tbe CHARLES IRVING, Seoretaiy. cultivated thought of the English-speaking world." J. D. Jones, Horace Gray, —Episcopal Reyist^r, PMladelpnia. ' It reproduces so fully the choicest articles from Charles Dennis, Edmund W. Corlies, the foreign magaaines, TRUSTEESi that one who takes it does H. H. Moore, John Elliott, not feel the need of W. anything else in the way of Mosle, Alex. M. Lawreaoe, foreign periodical literature. Lewis Curtis, Alexander <3eorge "—ITi* Ad^kmee, CM- V. Blake, Henry DeB. Uouth, John D. Dix, COQO. Charles Munzinger, " Ite frequent issue and Charles H. Russell, Bobt. B. Mintum, K. H, R. Lyman. ample space enable it to Kunhardt, Walter Watson, give all that the very Henry R. ablest of living writers fur- James Low, Charles H. Marshall, Ernesto G. Fabbri, nish t« periodical literature Hugh AuchiHCloss, on science histoflcr Henry E. Sprilgue. biography, philosophy, poetry, David Lane, George W. Lane, Lawrence Wells, theology, poliiSoB Poblmann, ,lohn Welsh, Jr., and criticism, and to add to this WilUam the fu3] comple- Gordon W. Buruham, Edwin D. Morgan, Francis G. Brown, Lewis Morris, ment of the best that there Is in fiction."—TTieJfn- Chas. F. Uirior. ChiMigo. A. A. Raven, Robert L. Stuart, Alex'r Hamilton. Zimmermaon Menelas, Theodore Fachirl, " Gives the beet of all at Constantin the price of one "— iVew; Wm. Sturgis, James G. De Forest, C. L. F. Rose, York Indepen^:lent. Carl L. Rf ckuagel, Carl Vletor, Wm. 8, Wilson, " Teems with the choicest literature of the day " Adolph Lemoyne, Samuel Willetts, York TVtMme. Hamsay Crooks, GuBtav Schwab, —New Benjamin H. Field, Charles Graves, George H. Morgan, " It Is. bv aJl odds, the best D. Leverloh, Arthur B. eclectic published "— Renauld, Francis B. Arnold, 5imtA«m (JhittrcMrum. Josiah O. H. L. Chas. Low W'Uiam Bryoe, George S. Scott. " It enables the reader, at trifling expense con- William E. Dodge, VI llliam H. Fogg, sidering the quantity and quality of the reading EUGENE DUTILH, President. furaished. to keep pace with the best thouKht &aa Royal Phelps, Peter V. King, literary work of our Ume.^—Christum Uni^u JSew ALFRED OGDEN, Vice-Prcsideiit. York. Thomas F. Youngs, Thomas B. Coddlngton Secretary. •' One cannot read everything n© man will 0. A. Hand, Horace K. Thurber, OHARLE8 IRVING, be behind the literature of the times who reads Ass't The Living Aok. "—Zion'a Herald, Boston, John D. Hewlett, William Degroot, ANTON METZ, Secretnv. know of mo investment of "We eight dollars In WilUam H. Webb, Henry Collins, the world of literature, that will yield oaual re- turns."—TTw Presbyterian, PhiladeipMa. 1 harles P. Burdett, JohKL. Rlker. " It has no rly&l."—Nmu York Evenina Post Chronicle Volumes Published weekly at |^ 00 per year free of J. D. JONES, President. postage; or for $10 60 The Living age and any one of the American $4 Monthlies (or Harver's CHARLES DENNIS, Viee-PresiUent. ^« *.^"*- fo*- »^ ?eS-. '^"/='*'.^'^^iif"'*'T^'" postpaid ; or for $9 50 The Living Age and tlie Si.Aicholcd Volume l,1865i Volumes 2.4,8 and 10, and suc- or Appteton s Journal, or UppincotVs Monthly. Ad- W. B. H. MOdRE, 2d Vloe-Prssldeut ceeding Volumes down to 1878. Apply at Publica- LITTBLIi CO., A BoHon. A. A.. BATES, 3d TlM-PMUdant. tion OfflM, TV A bl WllUam atrMt. e NOVXMBXR 6, 1881.] THE CHRONICLE. il roinmcrcial CiirdH Commckvlal Card*. COllOM. osAK. r. oaoain, JOHK a. MAHHktr Brinckerhoff, Turner George A. Clark & Brc, C. F: Hohorst & (O,, & Co., COTTON Manufacturers and Dealere In COMMISSION MERCHANTS COTTON SAIL DUCK N«. ISt PEARL MTREBT, Nenr tork. And itll MndB of Receive Consignments of Cott^tn and other prodoaa COTTON CANVAS. KBtTlNO DUCK, OAR LIHKRAI, ADTANCM MADIL COVKKINO, BAOOING, RAVBN8 DUCK, SAIl. ItllLWARD'S HKJLIX NBEDLBS Special attention given to orders for the porohasa and sal,i TWINES, Ac, "ONTAHIO" 8BAMLI8S8; 400 BROADWAY, NEW YORK. of Contracts for Future Dallvarr of;Cotton. BA08, "AWNING STR1PB8." Also, Agents HlNRT H. WAkl. OtLUAT Scuaoana UNITED STATES BUNTING COMPANY. Wright, Bliss & Fabyan, A full supply, hU Widths »Dd Colors, always Id stock. New York, Boston, Philadelphia, Ware & Schroeder, No. 100 Daane Street. SELLING AGENTS FOR LKADING BRANDS X>TTON COMMISSION MKHOHANTH BROWN AND BLEACHED SUIRTINGH E.R.Mudge,Sawyer&Co AND SHEETINUS, 111 P«arl Street, New Work. AOKNTS FOR PRINTS, DENIMS, TICKS, DUCKS, 4o. WaBliIiieton .'VIIIU, Ohlcopee IQili. Oo. t^peoial attention paid to the exeoutlon of orders Tawela, Quilta, White Gooda and Hoalerr. iliirliu:iti>ii IVooleu Vo., for the purohAfe or sale of contracts for futare de- Bllertou Mew .mil*, Atlantir Cotton imiln, DHll», Sheetingt, <*e., for Export Trade. Urery of cotton. Liberal advanoea made on oon- Saratoea Victory ITII'g. <'»., Ocean Itllllii, ignmenta. Peabodjr iTIills, HENRY W. HARTER, ATTORNBY.Canton, A.ND Ohio, conducts uU classes of cases aKHinst indiv- Hosiery, Sblrta and Dranrera Iduuls, railroads and other corporations in both State From Various Milts. and U. 8. Courts. Refers to t". Aultman, Canton O. NEW YORK. BOSTON, Isaac Harter & Sons, Canton, O.: Kountze Bros . Geo.H.McFadden & Bro 43 4 45 WBITK SrilEIT, IS CBACNCEY STKMT New York: Kx-rhief Justice Airnew. Beaver. Pa. I'lIILADKLPUlA. COTTOM FACTOK't .1 W DAYTl)N. 246 CHESTNUT 8TUKKT. 'P B. STEWART vm THE CHRONICLE. [NOTEMBRR 6, 186U rotton. Cotton. ]IIi§eeIlaneoa8. Woodward & Stillman, AMERICAN POST BUIIiDING, INMAN,SWANN&Co Bank Note Company, Place, Hanover & Beaver Stfc Vr. Exchance COTTON 143 BROADWAY, NEW YORK. [RiXB OF Custom Houbb], Business FotrarDED 1795. COMMISSION MERCHANTS, Jncorporated wider Laws of State of New Fork, 1808. NEW YOBK. Reoroanized 1878. Cotten Kzchaiig^e Building, enoratebs and printers of « ENERAL COMMISSION MERCHAN'l S 101 Pearl Street. New Vork. BONDS. POSTAOE AND REVENUE STAltPS, LOANS MADE ON ACCEt>TABI.B LEQAL TENDER 4 NATIONAL BANK NOTES 8ECI7KITY. of tht VNIIED STATES and far mmy Fantan LOANS MADE ON Qovtmment*. Liberal adTances made on Consiffiimeiitfl. ENGRAVING AND PRINTING Special attention paid to the execution of orders SOUTHERN SECIJRITIKS. OF BANK NOTES. STATE AND RAILROAM for tbe purchase er sale of contracts for future BONDS. SHARE CERTIFICATES. BILLS 01 delivery of cotton. WrCHAJVGB, DRAFTS. CHECKS, STAMPS, la. IN THE FINEST AND MOST ARTISTIC STYLE Lkhxax, DTJKK A Uu New Orleans, La. Uontgomery, Ala FROM STEEL PLATES, With special safeguards to prevent drwnterfMtlnt Robert Tannahill & Co., or AlteratUms. Special papers manufactured exolu- LEHMAN BRO'S, Blvely for use of the Company. Safety Tints. Safety Papers. Cotton Commission Mercliants, Cotton Factors Work Executed in Fireproof Bulldlnee. AND RAILWAY Cotton BulIdinK, YORK. PRINTING A SPECIALTY nonivissioN merchants, Exchanse NEW Railway Tielcets of Improved Styles, 40 KXCHANGK PLACK. Special attention fflT en to the purchase and sale of WUhar without Colors, and Tickets of all Kindt New York. Future Contracts. TRUSTEES: A. G. Goodall, President, Jos. Drexel, executed at the otton Exchenges In Ne» HYMAN8 & DANCY, W. Orden James Macdunough. Vice- Prest., A. V. Stout, Tork and LlTerpool and adrasceB made on Cotton NOKFOLK. VA. A. D. Shepard, Vice-President, T. H. Porter, and other prodnce consigned to us. or to our corre- Wm. Main SmilUe, Vice-Prest., Chris. Meyer, J. T. Robertson. Vice-President, G. H. Uanforth, Messrs. ti, Navffass Co. nondents in Liverpool, A Dancy, Hyman & Co., G. H. Stayner, Treasurer, P. C. Louusbury. Messrs. L. Rosenheim A Sons. Theo. Freeland, Secretary. and COTTON COMMISSION MERCHANTS, H. JOHN H. CLISBY & CO., 97 Pearl St., New York. BtTYERS, Special attention given to the purchase and sale /ETNA COTTON of contracts for future delivery. MONTGOniEKY, AL.A. mCHaRI ONLT ON OBDEB8, FOB A COKMIBSION Bennet & Foulke, Insurance Company COMiniSSION JUEUCHANTS, OF HARTFORD. Fielding, Gwynn & Co. 121 PEARL STREET, NEW YORK. Assets January 1, 1881 $7,424,073 T2 Special attention given to the execution of orders LlablUties for unpaid losses COTTON FACTOK8 for tbe purchase or sale of Contracts for Future and re-lnsuranoe fund 1,694,801 80 delivery^ ^___^ AND Capital 3,000,000 00 W.C. WATTS. DAVTD HA8WBLL. CHA8. W. WATTS. COMMISSION MERCHANT.- THOMAS J. Sladohtbr, Special. NET BUEPLUB $2,T29,271 9* Watts, Haswell & Co., No. 2 Cortlandl St., New York, 16 & IM Exchance Place, JAS. A. ALEX.tNOKR, Asent. 36 STONE STREET, NEW YORK, Poar BUILDINO. NEW TOBK COTTON FACTORS North British p. Billups Co., AND COininiSSION JOERCHANTS, J. & Watts, Haswell £ Co. will make advances on Cot- & Mercantile Ins. Co. COTTON ton and other Produce consigned to them, or to W OF C. Watts A Co. Special attention given to the exe- EDINBlIRnU. COMMISSION MERCHANTS. cution of orders for the purchase or sale of Cottoc LONDON AND In Liverpool for future delivery, etc. United States Board^ of, Management, No*. 16 & 18 ExctaanBe Plaee, W. C. WATTS & CO., POST BUILDING, NEW YORK- NEW TOBK : 18 BROWN'S BUILDING, LIVERPOOL. SOLON HUMPHREYS, Ch'i'n,(B. D.Morgan & Oo Bpeoial attention given to the Purchase and Sale DAVID DOWS, Esq. (David Dows 2.578 26,449.095 4.385,769 2,056,37!! 1,256,184 UDCO ooocooo Oct. 22, '81 20.8.57 „^36 oco *JCJWW^I oto 27,970, 171 4,033,278 2,523,003 1,210.865 <>. • Qi to ^ O -^^ ^ (0 4» J Oct. 13. '81 20.38(i,272 28.682.039 4,760.412 2,506.187 1,093.772 Oct. 8, '81 2i),l6;i.847 28.120.876 5.759,915 1.922 3'>9 1,032,399 Oot. I. '81 19,494,352 27.381,974 6,468,030 1,393.024 90!, 810 30, 3. -ItCtOC^M Oct. '80 19,118,102 19,304,445 5,033,378 2,811,581 897,687 ^ i;* C£ to tow wo — WW If- to CO too Vi^*-bb to«to;;iaD Ut -.i C O O* 9> 1^ O-OCiO C:rf»lO^^^^ -.CO c; THE DRY GOODS TRADE. 0» I OOiiUfe*. OC: — »