. :
xtmtk HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE INDUSTRIAL \ND COMMERCIAL INTERESTS OF THE UNITED STATEa.
VOL. 21 SATUttDAY, OCTOBhRaO. i«T5 \( I 540.
coNTe^!^8 vice demRnd, and the cliqne are said to have vigorously
TBI CHBOinCLB ri-giiuied ilii-ii- piojcoU lor au upward movement which The iMtfMt ! flaw 408 Th* Pradaetloa and Cooaaap- TbcClMMlac Bans Smart.... 4M Uon or Soaar... were given up when it became certain that Mr. Bristow Om« rtoM and tb* Kv b- lai Ml MaajhfTa MimaMUw 407 BafHakRawa would not be deterred from his nsual course of anticipat- OaaaMreW ca4 Mliiallaaaaai Uslud HtktM laporu aod Kz- Rewt ing the time for the payment of the November coupons. pottt lor MpUmbar t09 The consequence was started in the _ TBM BAMKSSS' OAUrTTB that a decline was oMv HMfcM. 0. 8. 8«nt
C^Thr Ba>lM«> n'tataeal uf th<- Paii'nviCLa !• mioawtad aaocK prolific of the foni-s which keep our financial and indus- PImikM lDlare>'.< In Nnr York Cttr hy Mr. Crx). W. JonM. trial machinery in motion. Most of the modem improve- thoroughly TIK IICITEMEM 1.^ GOLD. ments in banking, if closely analyzed and The feverinh movcmcnUi in gold this week offer a new comprehended, will be seen to bo founded for the illnstrmtion of the instaMlity and iinr>crtAinty which papir moat part upon ingenious safeguards and devices for monej hu given to 'iir financial syntem, and whiiii c«r>Yiiig QputhJH great law of modem financial science, nothing can wholly relieve iia from bnt the resumpti'ii that the demonstrated ability to do a thing may, by of specie paymenta. The chief eaases to which tin ])roper precautions, be used as equivalent to the actual per- this oaoUIations in the gold room have been aaoribed are tlu' formance. We might show, if space permitted, how fire in Virginia City and the pre-payment of the Treaanr>- principle operates in relieving a monetary panic when, as iotereat on the pablic debt. Other ciroooistanoes have, in 1847 in England, the public excitement vanished im- of eonrse, operated in aid of tlic flnotiiBtions without mediately after the Bank Act was suspended. The extended altiacliug lu thcuiaclvcs special notice. With regard to troable passed away not because relief was by shown to be ao- the pre-payment of the gold interest, it seems not to have the banks but because such relief was This aid, as is well been exp4>cted by the specnlators, and it ia reported to cestible in case it should be wanted. have somewhat thwarted their manrcuvres and deranged known, was uot called for and was not given. The principle ihiu (.oiiiljiiiaiions. The supply of gold for delivery has instantaneous rtliof \v.is tlierefore duo to the of been drained o£F and diminished by well known caoses of we 4rc discussing, that the demonstrated accessibility equivalent to late, and high ratea have consequently been charged to a thing is often made in modem finance also go farther and borrowers. The gold balance in the Trcaanry is much the actual possession. We might panics for the last below the level which the exigencies of the pablic ser- trace most if not all of the financial —!
406 THE CHRONICLE. [Octoler 30, 1«76
fifty years to errors more or less ooiisjiicuous in tbc ap- speedy was the recovery from the first effects of the dis- plication of this principle to practical finance. Tliis, aster. The amay.ing elasticity and strength of the finan- however, would not be consistent with our present ])ur- cial condition of San Francisco partly accounts for this; poae, which is simply to point out the principle in (nics- still, it is certain tliat not a few of the productive forces tion as connected with one of the forces to wliicli have heretofore active in the Nevada industry have been extin- been ascribed some of the fluctuations \h]< wcfk in tlio guished, and that many enterjinsing men are crippled by gold market. their losses, especially as so large a proportion of these As to the other gold, movement we have referred to losses are not covered by insurance. Moreover, the evil the rise in the premium on Wedcesday on the apnounce- will be the more sensible because the capital destroyed is ment of the destruction by fire of some of the most very largely composed of machinery which "iV will re- productive mines in Npvj^af-^ such a destruction of working capital, it was impossible in the dealings of Wall street, that the fire at Virginia to see how the yield of the mines and the supply of the City, though a serious event in many private and public precious metals might be affected in the early future; aspects, does not forebode any great trouble in the fu- jEorithe companies which suffered the most were known ture, or threaten the supply of gold or silver in such a to be among the most enterprising and important on the way as to disturb the premium. Any influence on the Pacific slope. In view of these and other well-known premium from this cause will, in all probability, be small, .circumstances, we confess that we see much cause for temporary and soon counteracted. If, then, as is pre- gratification that the first effects of the shock were so dicted, the price of gold should rise, or should not recede small and abated so soon in Wall street. Had the catas- much, from the present level, the cause which keeps gold trophe occurred a few days earlier its effect on the move- up must be looked for in some other quarter. We are «a«nt8 of the Gold Room and on the prospects of general the more particular iu insisting upon these points, not business could scarcely have failed to have been aug- only from their practical importance, but because, as we said, ojiposed to has mented. ! have an opinion very much them ^i,In proof of this, we may cite the fact that even been circulated as from one of the departments at Wash- jit "Washington, now that the worst of the evil is ington. .known and its precise results on the gold supply can be estimated, there are not a few persons who anticipate THE CLE,\BING HOUSE RiiPORT. -jevil from the inevitable falling off in the supply of gold, At the annual meeting of the New York Clearing and especially of silver. From the best information w'e House a statement was given of the transactions for the have been able to obtain it appears that there are no year ending 3d of September, 1875. Some other busi- ^erious evils to be anticipated, for the simple reason that ness of great importance was done, to which we shall 9pr gold supply will soon revive and will suffer less than presently refer. The transactions for the last year .that of silver. In the present excessive supply of silver amount to $24,273,848,192 25, showinga daily avcrageof ,in Europe and here, the diminution in the yield of 479,326,301 28. Since its establishment in September, .the mines would not be an evil of much magnitude even 1853, the Clearing House has made exchanges between were it to go beyond all present probability. Although, our city banks to the amount of $438,200,331,519 64. this true however, may be in a general sense, as re- These transactions have been made without error or loss, garded from the stand-point of Wall street, still of and the balances are struck every day. The same exacti- course great evils have been brought by the disaster tude is attained in each of the fifteen clearing houses the several upon mining companies, whose property has established in the principal cities of the United State.s. suffered heavily, as will be seen from the subjoined com. All these institutions are modeled more or less closely upon parison of the prices at which their stocks have sold that of New York, their daily balances being paid as ours -before and after the fire : are in greenbacks, or else in some equally useful equiva- Cha>'ff€itfor Oct.il. Oct.Zl. Oct. a. Oct. is. 'Oct. it. Oct. 21. the week. lent. In examining the details of the business of our Alpha 18 — 20 19 16 17 Dec. 1 New York Clearing House we find that the institution Belcher 18 20 20 19 16 17 Dec. 1 Beet A B<>lcher 49 Si G2 49 39 41 Dec. 8 consists of sixty-nine banks. Besides these there are .Caledonia 18 19 19 18 18 16 Dec. 2 sixteen other banks that clear through members of the CaliforDia 61 65 64 63 63 66 Dec. 5 Ch liar Polodl 78 77 75 70 58 69 Dec. 4 association. Hence the number of the New York banks Consolidated Virginia 312 832 372 310 224 261 Die. 51 connected with the New York Clearing House is seventy- Crown Point . 24 S9 26 27 23 87 Adv. 3 Btinki Gon^ioUdatcd. 15 15 15 15 14 14 Dec, 1 five, with an aggregate capital of 184,085,200. In 1 853 .Oonld&Curry 20 22 21 19 14 19 Dec. 1 the business of the Clearing House amounted to about 20 Bale& Norcroes H 42 43 89 30 42 imperial 10 1! 10 10 9 10 millions a day, and the daily balances were about $1,000,- Kentuck... 13 14 14 14 14 13 000. The number of the banks was forty-eig''t, with an Ueadow Valley 4 4 4 4 4 4 aggregate capital of $47,880,900 and deposits of 39 mil- Hezican 20 21 21 19 16 17 Dec. 3 Ophlr 58 58 66 62 S3 43 Dec. 16 lions. The institution then cost the banks about $16,000 Overman 48 67 6i 51 41 47 Dec, 1 a year, the expense being divided among them in pro- Raymond A Ely ... 29 29 29 29 29 24 Dec. 6 Q- BavagB 84 90 84 69 74 Dec. 10 portion to their capital. Sierra Nevada 14 15 14 14 12 18 Dec. 1 During the year 1874-75 the transactions of the New Union Consol 9 9 9 9 7 8 Die. 1 Yellow Jacket 74 86 85 80 69 74 York Clearing House are reported as follows : Cur- • I'anic cansed by the confliigration at Virginia City. rency exchanges, $23,042,276,858 47; currency balances, Several important facts confirmatory of our views may $1,104,346,845 32 gold e.xchanges, $108,940,05«3 85 ; ; be found in this table, which we quote from the New gold balances, $18,284,429 61. It thus appears that the York Tribune. We see moreover how active and how ' average transactions per day amount to $79,326,301 28, October 80, 1875.1 THE CHRONICLE 40? These daily exchanges arc a 1«»-«T . .. mjm,v»,m l,lMJta.4Bl t8kl«.M7 3.717,411 qaired for the Clearing House has been leased for $13,- imiT-m .. n.4M,in,aM i.m.4aa.at lt.m.MS 3, Ml. 149 425 a year. Tlie building fund amounted to $100,146 ; IMMO .. ti.$aijm,m 1.180.tl House business of the last two months shows a great features. Although it is a general statute, it does not falling off, which is due to two causes; first, the check apply to any insoranco company until it voluntarily which has been given to stock specniation in London, organises under it; all companies may, however, acco]>t and secondly, to the stai»nation in certain departments of its provuions whenever they so desire. British trade. The decline in the Clearing Hoase figures This law has grown out of a defect in tiio present amounts, as will be seen, to nearly 1 1 per cent. system. In entering into a contract of insurance, al- ta*mu-noM or raa UMaox oLSABiaa am irai-rr axd •mMKB. thoil^inTi^ company may l)c ]»erfectly solvent at the Ita. WM. DiftT'mft. before the expiration of the policy, a large 4 uiijmjaat general bnsiness, the contemporaneous decline in tlir- extent of their nncamed premium, while not a few of them government revenue has been cited, and that the dimin- had their property destroyed after the insolvency and be ished ardor of speculation has ai.io something to do with fore they could or did cancel the old contract and obtain a it, ia confirmed by the Stock Exchange settlements which new one. When we remember that the very life of an •re reported as follows, and fall considerably below insoraace company depends upon its continuing in busi- those of last year: ness—in its constantly getting new blood, and that the ; 408 THE CHRONICLE [October 30, 1 1875 contract is based upon the supposition that it will ; we amount to which they are respectively entitled, in proportion to their several claims, of the full sum of the capital see here a defect in the organization, which permits that of such com- pany, and of its guaranty surplus fund, and of its assets, excepting life to stop because it has met with more losses in one only such special reserve fund and an amount of its assets equal to the liability of the company for unearned locality than its capital and premiums of to-day can premiums as so certi- fied by such superintendent, such company shall be forever dis- liquidate. That is to say, the insured depends not only charged from any and all further liability to such claimants and to each of them ; and the said superintendent nor mainly upon the capital, when he takes out his policy, shall, after issuing his said certificate, upon the demand of such company, transfer to but much more upon the stream of premiums ever flowing it all such securities a^ shall have been deposited with him by such company as such special reserve if in and renewing or increasing that capital. The capital fund ; and the amount of tuch special reserve fund be less than 50 per cent of the full amount of itself is merely a guarantee fund, not to provide against the capital of the company, a requisition shall be issued by the saii superintendent upon the the ordinary losses but against special extensive disasters; stockholders to make up such capital to that proportion of its full amount, in the manner now provided the ordinary losses are all provided for and more than by law in the case of companies with impaired capitals; and pro- vided further, that provided for in the rates asked, and those rates are fixed any capital so impaired shall be made up to at least the sum of $200,000 ; and in case said company, after such basis. on that We thus see that an insurance company requisition, shall fail to make up its capital to at lenstsaid amount of $200,000, as therein directed, said special reserve fund shall still has, as it were, a double source of life; (1) its capital be held as security and liable for any and all losses occurring its and (2) premiums to be received from new business; upon policies of such company after such conflagration or conflag- rations. that it also has two distinct classes of liabilities; (1) We thus see that each this losses accraed and (2) policies still running; further, company formed under act if the business can continue without intermission has within it a germ of life which enables it to spring into after the capital has all been lost in a great conflagra- a new existence with full vigor, at the very moment tion, the accrued claims will be in no manner harmed, when under the present system that life would be extinct. and future business will more than supply the funds Hence the business of the company goes on uninter- for any future ordinary losses. These facts being ad- ruptedly; the receipts from new premiums receive no check, the mitted, does it rot follow that a true system of fire in- and continuing policy holder is fully protected. surance should, if possible, provide for a vigorous con- At the same time, while all this is accomplished, the ac- crued claims tinuation of the company, notwithstanding a great fire for losses are not only not impaired but are has wiped out its original capital ? enhanced in value; for the entire capital goes to liquidate Hitherto this has not been attempted, but the new law them, without being further taxed by subsequent losses appears to have been framed to meet precisely such a as is the case under the present system. Besides, no receivership case. Under it the net earnings of all companies comes in to eat up the assets. Every one which have conformed to the law, after a seven per has had experience of the tediousness and wastefulness, cent, dividend to the stockholders has been paid (and and often recklessness, of that mode of transferring they are restricted to dividends of seven per cent, per money from a bankrupt concern to its creditors. In annum upon the amount of their capital and surplus fact, a receivership of a corporation is now looked upon as a life job, funds until such funds equal their capital), are to be with a fortune to the receiver as the divided equally and set apart to constitute and form a result. This law continues the insurance company in Guaranty surplus fund and a Special reserved fund. The being, and of course, therefore, the company administers on its assets. Guaranty surplus fund is to be held and invested by own No receiver's fees are to be deducted no receiver's such company the same as its capital stock and surplus lawyer to be pensioned ; but the old ma- chinery works as it accumulation, and be liable and applicable in the same worked before. The company's good name credit manner as the capital stock to the payment generally of and among its present and future patrons the losses of such company. depends largely upon the rapidity, frugality and good faith in The Special reserve fund is to be invested according shown closing up the old affairs; while in their hands, the assets (such as claims in- to existing laws relating to investments of capital by fire against agents, for stance) insurance companies, and be deposited from time to time, would be much more productive. Is it not evi- dent, therefore, as the same shall accumulate, with the superintendent of that the existing policy holders and the insurance department; and such Special reserve fund those who have claims against the company are both shall be deemed a fund contributed by the stockholders benefitted by this new plan ? to protect such company and its policy holders (other We might go on and enumerate other advantages than claimants for losses), in case of any extraordinary which will accrue, under the system, to the insured, to conflagration or conflagrations, whereby the claims upon the company, and also to the stockholders. But they will readily such company shall exceed the amount of its capital suggest themselves to every reader, and we have not stock and of the said Guaranty surplus fund. The act time to enlarge upon them. We do not sup- further provides, that in the event of such a conflagra- pose the law, as it now stands, is perfect. Very likely tion it will be found after a little experience that it needs amendment. But the idea which finds expression there The said company shall notify the said superintendent of the fact, who shall then make, or cause to be made, an examiuation is an admirable one, and the insurance department have of said company, and shall issue his certificate of the result, show- done a good work in thus giving it shape. ing the amounts of capital, of guaranty surplus fund, of special reserve fund, of liability, re-insurance and of other assets ; and upon his issuing snch certificate in duplicate, one copy to be given AMASA WAIRBR. the company and one copy to be recorded in the insurance depart- ment, the said special reserve fund shall be immediately held to We learn with extreme regret the death of Amasa protect nil policyholders of said company other than such as are Walker, which is announced by telegraph to-night. Mr. claimants upon it at the time, or such as became such claimants in consequence of such conflagration Walker has long been well known in this country and or conflagrations ; and the amount of said special reserve fund, and an amount equal to the abroad as an earnest advocate of a sound currency, and unearned premiums of such company, to be ascertained as herein- before provided, shall constitute the capital and assets of such a devoted student of economic science. He w^as born company for tlie protection of policyholders other than such at Woodstock, Conn., 4th May, 1799, and settled in claimants, and for the further conduct of its business ; and such business as ofiicial certificate of the superintendent shall be binding and con- a merchant in Boston in 1825. In 1848 he clusive upon all parties interested in such company, whether as became a member of the Massachusetts House of Repre- stockholders, creditors, or policyholders ; and upon the payment sentatives, and in 1849 to the claimants, for losses or otherwise, existing at the time of or was elected to the State Senate. caused bj such general conflagration or conflagrations, of the la that year he gave up the professorship of politica' : : . October 30, 1875.] THE CHRONICLE. 409 economy at Oberlin, which he had held for seven years. If we BOW Include the specie with the merchandise the follow. ing would be the gross movement: Since 1 80 1 he has been a lecturer on political economy -1875.- in . . at Amherst College. He was a member of Congress -1871 . Xiti* Mmtlki. Exporu. Imports. Exports. ImportB 1862 and 1863; was Secretary of State of Massachasetts MerchandiM.. t (396.SU8,555 • $44t«6,4a0 DoBuetie... SI)S,sao,Ti8 45i,0S4.86l in 1851 and 1852. In 1843 and 1849 he went to Europe Foreign.... 9,708,8U 1],8U,()«3 Spcria S9,M«,4iS 1«,4I 1,888 M,710,4S0 10,833,190 as delegate to the International Peace Convention. He Total was the author of numcrooa essays on economic subjects. 4T1,585.9«T $4U,7M,*43 $515,640,403 t453.068,5»a His best known work is "The Science of Wealth," These are the gross figures. Bot to make a comparison between the imports and which has been well received and has passed through exports it is necessary to reduce the domestic exports to specie value. This has been done by the Bureau, and five editions. by Bubrtttnting those figures the statement would be as follows- U!IITED ST.ITES IXPORTS iXD EXPORTS FOR SEPTEMBER. -1815.- .yim MtmOt. Bxporta. Importa. Exporu. InportB. Merchaaalss.. We are able, tbroogU the Chief of the Bareaa of 6Utialies, to t tSM.a08,535 t t44t,«!«,400 DumsiMe— aui,ssa.8«B 4C7,ISS,a8t give oar readers the leading det«il« of tlie trade of the countrj for Fonriga... 9.T08.814 ii.KS&,on Specie. njM,4e i{,4ii,a the month of 8ept<>iiiber and % tammuj tince January lat. Tiiii 51,710.480 ia.8M,19a department under the present etBeient managemeat is constantly Total »4a.408,10l $»4.7«,44S $470,768,6« S455.M8,690 growing in 'avor ; and this is well deserred, for the osefolneaa of These results are not in all respects satisfactory ; and yet, when these trade figorea has been greally increased by the promptness we consider not only the low values at which merchandise with which they are famished for pablicstioo. We give the move- has ruled dorlog the year, but also the decrease in our cotton crop meat in deUil and shall hereafter each auMilh, as in this shape it the lallliig off In exports is easily explained. In the total values will be found very oaefal for nferenee. The atalamaat is as of imports and exports, the decrease is (including specie follows in both laroan aso azroart or asar>AXDisa nrro two raoB !• savauL i)aboat fjrty million dollars each. roars or vaa imTSD eTATlS, BDBUa TBS aoxTM •>, una. Oeitoau castoBs ItBpOfftS> TIB PRODDCTIO!! AMD COf(SD.lPTION OP SUGAR. Dlslfktt. i-p-^sSsriTor' Diitricts. Diaasstk ror'a. The as yet undecided qaestion of the " drawback " on hard Alasks.A.T .... KooUuis, Ac. AfBtto. !»C. .... X«ntack M.SU Orecoa. Or.. Ml Bnso*. Ta (i.M4 laMMUjaOO'O'imtcaia, NT t%HS Ujtm 4.T« In 1871. The arrivals at theee four porta were, in 1874, 630,010 BcMni'sXJ Onrsso, RT.. BrnXwrniu Pamllro. NO.. t,1U tons, aad la 1873, 610,970 tons. BraoM'ka* PddNoit^T Adding to the above that portion of the Lonlaiana erop, which BoffCrk. NT tnfita F-oMdAjTille •a Barl Ion. NJ P.WT3.1lha entsmd other porta or was shipped overland, also the producion CVIiic't..Nr M.<»l lt,IOS Pniseats, I* OullM. Ur. oi Tsxaa, small though it be, and the maple Sugar of the Eastern OhMi's.! «tDM.IId their two former compilations also : _ ,T«i.. arse'.' asaI>i«(D.Cht urn vaa woaLo's raoDuonoa or luiua. VkkMd. Ct 4sa4a^, O. ijN t,tn ISM 18T1 r. BlT. MSM ¥rnmcUi».C l.4M.»«« l.4ei.>M U,im Tto*. Tm: nwu. Panuidls*. I.M1 !.« osraauh, O* t4i.i»i n,t» yffleifcisad Philippine laiaads S.ONBra. f»Ma HVlOS r. B«T. Me Or 117,000 lOibOOO So!So Oe>T«at'B.T a«Aai('lla%r 0«e«HaXT IM» «JB I* MJohasTr.. Km atsjoo uB.mt 0«)ci«'*.DO n MarkX r.. iSMoo }£;» Oeorge's^C MUufKOm MS tajM OlM^Mr, Ms 1J0> SO Sloalafitoa Ot OlBBsr.lU BapMlerlllek 10,000 Hsrao.Mkb «n,«;««.ia»Tap'Bock, Va Kabmk. Me T«ch*.Ls Tew.. iXnjKt 1,«8SJ40 l.«lt00O K>y Wast.P ti,a Vcrsofit. Vl. Wi,l littt ra.1. «U,OI)0 1.143,0110 L B Bw. tIJ VMktb'tMlM Machtes. U» War tons lis WllUsa'M^O. «.w mn,m U7 Taiti. i.4n,«e i,ii8,Mo i,hs,ooo MISMtoirio uwao Wnn'toiLlIC *jm MU M^i« Siaea 1878 tha total aniount of production has varied little. Mle-asB. Mh WUesswt, He UM ir.«M In M'lewa. Ct. Tork. Ms . . ('aba last year soma 80,000 tons were horned by the Insnrgentr, Mlhnsk. W IM naiKn Torkiown, Ta Mla-«>t>. M. 1I9.4NS lOO.Utl ua whereas Braslliaa prodoetion has been increasing in proportion. Mobil*. AM. SllTW t.olo TotMwCdU* tIJW.OMSaMa.lai ?« .M4 The rtmaiaiog countries, ioclodlsg the Continent with Its beet raroan aaa axroan or sracia a>s snuea. root Bacar, ha*a kept np a pretty iiteady supply and the aggre- gats (^ aboat^.000/)00 tons msy still be put down as the world's NewOrisaas., consumption of II««Ori«sas..., Haw Tork. ljam.in aetaar pMaetlon. The local the cane sugar- Hew rerfe NUran JtW prod«Mla( coaatries Is not calctitated in this statement. Pasedsllferts.. • •• .... 4V7,^8H •aaVraadaco.. -81 It will tbaratore be seen that the United Sutea, with a popula- IMlOM Total tl.4«I.MS t-on of 40,000,000 aouls, consume about oneH)narter ol the remaining three-qnartera being TMsL. world's prod aelioa, the al>sorb<>d Mel OwpiuC^sU. 5al repoTKNl-Alaaka. OorpaaCbflaU, by Earopeaas, Canadians, Australians, Chilians, Argentines anil Mkhlcaa. HuiIN,^!, Ser«ttar. oUiardvlliaeil nations, litis being the case, it will be readily The total aawaat for the mooth and for the altta Boatbs this oadsntood how extensive and varied are the intere«ts involved y«ar aad last y«M are suted as fellows in tbo sogar trade among us, so that anything affecting either Tnlsl Oi—ssUe raralp the doty or drawback Interest bears heavily upon our merchants iBports. BaicHia. JIarti sB If at all, rpdoction is not to be operative till thorough- ssSsdlSept. at. WIS ... |tjgft.44( tummt the projKMed - »?« .. I.4SMM t,iQian ly Investigated established with due consideration of •aptlt.lfla., and tha is^un •UKMr 7. «!,4« 410 THE CHRONICLR [October 30, 1875. .Cateat Hloiutar^ anir (Eoinmerclal (SnglisI) Netos to see how the large balance remaining has been profitably dis- posed of. In spite of the fact that Turkey has borrowed since 1854 RATES OF BXOHANGB A.T liONOON, AND OH liONIfON AT LATBST DATES. the nominal amount of £333,099,290, no public works of any importance have been undertaken, and scarcely BICHANGK AT LONDON- BZOHANOB ON LONDON. any attempt has been made to augment the wealth of the OCTOBKB 15. country. In fact, a few iron-clads are all the Turkish govern- I^TBST Tnni. RATB. ment can show for the expenditure of so much money. If we OS— TIIU. BATH, DATI. bear in mind that by the time the five years' grace have expired, AmBterdam . . Short. li.0H&i3AH Oct. 15, short. 12.05 Turkey will have accumulated additional debt to the extent of about Antwerp 3 months. «5.'[email protected])tf .... 35.32 Hamburg KM 330.67 3moi, 20.14 £35,000,000, the prospect for the bondholders cannot be looked short. SS.aO ©35.80 35.33 Paris fhort. upon as very cheering. The credit of that government had suf- Paris 8 months. 35.45 aS6.52)< Vienna lt.50 Sll.53 Oct.' 15. S°mo& 112.25 fered too much to obtain more money even on onerous terms, and Berlin 20.62 ©30.67 «» short. 20.27 they adopted course of Frankfort 30.62 ©30.67 20.37 have a obtaining a loan which must still «* Petersburg 3mo9. 3i>!i Bt. J"< .. further injure it by compelling their creditors to raise one OadlE 47X@48 ...... Lisbon todays. amongst themselves. It would have been far better to have sent Milan 3 months. S7.4Sxa27.47X ...... here proper officials to discuss the matter with Genoa. .... «7.42X©37.47« the holders of Sanies 37.42;<©37.47>; ...... each loan, and to confess that the terms they were paying were Madrid .... - too laborious, and at least New Yorli .... • - • Oct. 16. 60 days. »4 78 must temporarily, be modified; but to Bio de Janeiro Sept. 15. 90 days. iTHS^H place all the various loans on the same footing is altogether Bahia .... Aug. 37. • .. 2tj;i®27 Buenos Ayres...... Sept. 9. .... 4;4 unjust, as many investors had selected the higher priced loans, Valparaiso .... Aug. 13. ••• 43>i believing that they were better later Pernambnco . .... Sept. 8. .... 27 secured than the issues, Montevideo...... which were quoted so very much cheaper. No doubt the Turkish Bombay 60 days. I«. 9i®lS-lM. Oct. 14. 6mos. Is. WHd. CalcutU U. 9V@!3-16d. Oct, 12. is. lOiid. government will reconsider the decree, and make some modifica- Hong Kong...... Ss. liUd- Oct. 7. .... 4«. lU. tions in it. Shanghai ] . .. 5s. HXd. Oct. 7. .... bs.Sd. Penantr •••••• Aug. 33. .... 4s.l)id@4«. IJfd — That the wealth of this country was never so great as it was Singapore.. . 3«. llKd. Sept. 4. .... is. \Hd. Alexandria 1 — Oct. 13. Smos. in'A previously to the inauguration of the recent disasters may be [From our own correspondent.] inferred from the fact that the failures taking place are com- London. Saturday, Oct. 10, ia75. paratively few. Although Turkish and Egyptian stocks fell The demand for gold for export to Germany and South America during the last fortnightly account from 5 to 15 per cent., while Las continued active, and the Bank statement published this the tendency is still downwards, the failures recorded in the week shows unfavorable result?. There is a diminution in the Stock Exchange have not exceeded 5, and these liave not been stock of bullion of iEl,339,954, about a moiety of which is due to for large amounts. No doubt, some serious difficulties have taken the export inquiry, the balance having been absorbed by the place which have not been made public, and which will require provinces. The falling off in the total reserve is £1.583,454, and time to arrange ; but it is remarkable that, when so much has the proportion of reserve to liabilities has declined from 40 per been lost in foreign loans, the suspensions should be so few. It cent, to about 35J per cent. The directors of the Bank had, will now be interesting to see in what direction our surplus capital therefore, no course open to them but to advance their rates of will flow. For some time, no doubt, the purchase of houses and discount, and they have this week augmented their terms one land will be a favorite plan with the provident ; but it is quite per cent., the minimum quotation being 3} per cent. It is not to certain that foreign loans, except those for countries whose be expected, of course, that so moderate a charge will have much position is beyond all doubt, will not bo In favor for a long time influence in checking the demand for gold ou account of the to come. German mint. The German government, being earnest about The commercial demand for money has not been active during their new coinage, will purchcse all the gold they require or can the week ; but the export inquiry for gold having continued on pay for; but, as German trade is bad, and cannot,in consequence, a moderately extensive scale, a firm tone has prevailed, and not bear the strain of dear money, the government will, no doubt, be much disposition has been shown to take bills under the newly- judicious enough not to create any unnecessary disturbance. It fixed official minimum. The Bank return exhibits an increase of is undoubtedly desirable that the coinage operations should be about £1,000,000 in the total of "other securities"; but a great extended over as long a period as possible, as in that case their deal of the demand at the Bank has been precautionary, as the influence would not be so severely felt. Perhaps, when the new impression was very general in the early part of the week that coinage laws shall have come into force in Germany, the French the Bank rate would be advanced. The quotations for money are government will take up the matter of returning to specie pay- now as under Percent. Per cent. ments more earnestly. The Bank of France now liolds the | Bank rate Z}i\ 4 months' banl£ bills 9%'^% enormous »um of £04,000,000, so that it is probable that, when Open-market rates 6 months' haul: bills 3\®4 30 and f,0 days' bills i'A^Zyi 4 and 6 months' trade bills. 4 the wants of the world can be again supplied from that source, ®4>i 3 months' bills 'i}i<^>i , there will be an unusual abundance and no fear of further The Joint-siocK banks and discount housefl have increased their panics. rates of interest for deposits i to i per cent. The quotations are The Turkish default has, of course, been a matter for discussion now as under during the week, but as yet nothing important has been done. Per cent Jolnt-stocli: baniss All the leading powers, except France, have made representations 2 ©.... Discount liouscs at call 2 ©. .. to the Porte, but it is not possible to interfere in any other way. Discount houses with 7 days' notice 2X® ... Discount bouses with 14 days' notice... _ 2X©.,., It appears that France holds a very large supply of Turkish Annexed is a statement showing the present position of the bonds, perhaps as much as we do in this country. The higli rate Bank of England, the Bank rate of discount, the price of Consols, of interest has, great inducement to invest in of course, the them ; the average quotation for English wheat, the price of Middling but it is wearying to tell people that when they obtain large Upland cotton, of No. 40 yarn fair second quality, returns the risk must in all cases be great. Of course, as long as Mule and the Bankers' with Turkey could raise fresh loans she could, in one sepse, pay her Clearing House return, compared the previous four years : way ; but it was plain that an end of borrowing must be even 1871. 1873. 1373. 1574. 1875. tually reached, as the finances of the Empire could not possibly Circulation, including £ £ £ £ £ hanli post bills bear the rapidly increasing strain. Undeveloped resource?, on 26..368.916 36.903,007 S7,31.').445 28.058. t31 59,673,811 Public depooite 3,760,093 .'i,5!0,198 4,316,070 3,957,387 4,136,885 which the prospectuses of the Turkish loans have laid so much Other deposits 23,1.")6,B38 19,465.773 30.431,505 31,947,749 3(i.(16I.03-l liovernmeul securities. 16,801, 018 13,356,510 13,231,529 15,310.1.56 16.661.095 stress, and on which persons interested in Turkish finance have Other securities 19,778,825 31,330,271 21,801,732 Ii),i0!1.3il7 20.937.226 taken care to dilate, are not of much immediate value, more espec- Reserve of notes and coin 9,559,361 8,550.981 7.S61.036 9,405,836 10,7S9,30« ially when it rested with indolent Turks to make them of any Coin and bullion In both departments 25,025,331 actual value. If the government luid insuilicient energy lo carry 20,353,421 19,990,636 19.733.401 33,066,256 Bank-rate Op. c. «p. c. 6p. c. 4 p. c. 3« p. c. out a scheme of water works for Constantinople—an undertaking Consols 93 93 5 16. 93?i 92X. 94, Bngllsh wheat 5H3. 5d 5Ss. 9d. 61s. ud. 44s. 8d. 455. lOd. which possessed every element of it is probable success— not that Mid. Uplandcotton .. 9 ll-16d. 9 ll-16d. 9Xd. 8d. •6Xd. the numerous minor matters which, when combined, would add No.40 mule yarn fair Sd quality Is. Sd. Is. S^-d. Is. 13id, Is. OVd. *WiiA. materially to the revenue of the country, would engage much of Caearinjr House reture,119,33S,000 125,766,000 110,067,000 103,196,000 111,233,000 their attention. Of course a not inconsiderable part of the sums 'Prices October 7. borrowed by Turkey has been re -paid to the bondholders in the The following are the rates of interest at the leading citiea shape of rates high of interest and in drawings ; but it is dillicuit abroad: . : . ; : . October 30, 1875.] THE CHRONICLE 4J1 B«akO?«n Baak Open of Mr. Gladstone being offered £50,000 a year, palace nta. market rate, markft and a on tha par eaat. par cant. pareant. par east Boaphorns, to nndertake the management of the Turkish fioancea rarto « a BWinalt 4X *X for five years, but ABUMfdam S s Torts, Floranca and no one believes it. Mr. Qladstone would, uaiubu;; Rome S indeed, »" be the best man to improve the situation, if he could SwIlB I«»P«<8 • yranJcfort s 5 Oaaoa 5 secure ofBelals In whose integrity ha could place undoubted Vlenaaand TrlMl*... *)t reliance. There are, no doubt, great dlfficuUiea to be overcome lfadrM.CadUuidBar- NawTork. ... but it requires the whole t toa CUratU of tbe country to work with a will, in Uabaa and Opncto 4 Copenhafon. S order to surmount them. The panic amongst certain foreign 8<.FMCTabarK a 5 Coaatantinopla. 10 Slocks eaoses tiie sounder descriptions to attract attention, but the chief movements of The demand for gold daring the week baa bees aetiTe, and aa a favorable character have been in British railway shares, which have again improved in value. the arrivals bare been animportant, some modeiate sappliea have The fol- lowing were the cloaing prices of Consols and the principal been taken out of the b«nk. Silver haa been in abort supply, and American securities at today's market, compared with those of the market has been firm at rather higher qootationa. The aap- last week plj of Mexican dollars la also small, and higher prices are ex- Badm. Oct IS. Oct*. Contois MvA fiiw n^ast pected. The rates for boUion are subjoined lJolted8 412 THE CHRONICLR (Octobsr 30, 1876. Bavllsll IHarlcei KeporM—Per Oabla. The imports of specie at this port daring the past week have Tliednily closing quotations in the markets of London and Liver* been as follows: Oct. Mexico ...VeraCrnz pool fort lie past week have been reported by cable, as shown in 18-Str. City of Silver coin $6,053 Gold coin 236,887 the following sammary Oct. 13—Str. Main Bremen Gold coin 242,590 Oct. 18—liark Curacoa Cnracoa (>old coin ICO securities London Money and Stock Market.—American are Oct. 18— Str. Wilmington Puerto Plata.... Silver coin 2,21() higher than at the close of last week. Oct. 21—Str. Adeline laguayra Sllvercoln 180 Gold coin 676 The bullion in the Bank of England has decreased £173,000 Oct. 21—Str. City of VeraCrnz. .Havana Gold coin 7.400 Oct. 22—Str. ^outh America St. Thomas Gold coin 9,995 during the week. Oct. 23—Str. Rhien Bremen Gold coin 102,323 8»t Mon. Toes. Wed. Thnr. Frt. Oonaoia for money 94 3-lB 94 7-16 919-18 94 11-16 94 9 IG 'i*% Total for the week $608,314 " acconnt 94 5-16 9«!tf ^*fi 9111-16 H% 94 13-18 Prevlonely reported 10,445.888 0. 8. 68 (5-S08,) 1865,old.l03« 103)f 103s< tOSji 103X 10354 " " 1867 lOJX lOTX lOTJi lOIV 108« 108X Total aince -Tan. 1,1875 $11,054,202 D. 8. 10-40S 104X 104ii 104X 10iJ< 104H' IMX Same time In— Same time in New Sa 103>f 108« 103% lOS^J 103X 103Ji 1874 $5,281,944 1669 $14,771,836 TbJ quottciouB lor Unitea States new tives at Franktort 1873 12,760.087 1S68 6,826,932 were: 1872 5,201,901 1867 2,848,204 1871 8.3S8,854 1866 8,461,788 O.S.newflves 99 99,'i ...... 99M 1870 8,627,378 Liverpool Ootton Murkit. —See special report of cotton. The French Link op Steamships. —The General Trans Liverpool Breadstujfs Market. Thia market closes quiet — and Atlantic Company announce that their splendid steamers will steady, except for corn which is dull at a decline from yesterday make weekly sailings between this port and Havre, on and after of 3d. Spring wheat is off 3d. from last Friday. the first Saturday in April, 1876. Heretofore the steamers of this line Sat. Mon. Tnes. Wed. Thnr. Frl. line have sailed semi monthly, but the popularity of the dur- a. a. 8. d. a. d. a. d. a. d. a. d. ing the past season has increased so greatly that weekly commu- Fl'>ar(WeBiem) WbbI 34 fi 24 6 24 6 34 6 34 6 34 6 nication has become necessary. Should the splendid new pier, Wlie«t(Red W'n. 8pr).ilctl 9 6 9 6 9 4 9 4 9 4 built North River front, be completed before " (Red Winter).... " 10 10 10 10 10 10 now being on the •• (Cftl. White club) " 11 4 11 4 11 4 n 4 11 4 11 4 next spring, the change will occur before the date announced. No CJrn (W. mixed) ^ quarter 39 6 30 30 6 30 S 31 6 81 3 expense has been spared in rendering the steamships of this line Pea8(0an»dian) . . a aarter 41 41 41 41 41 41 V models of comfort and safety, and the high character and well Liverpool Provisions Market.—Lard has declined 6d. during known ability of Mr. Louis De Bebian, the present efficient man- the week, while pork and bacon are higller. ager, who succeeds Mr. McKenzie as agent of the company, and Sat. Mon. Tnea. Wed. Thnr. Frt who was once himself the owner of a line of packets running a. d. a. d. 8. d. a. d. a. d. a. d Beef (mess) new V tee 60 600 60 600 60 6Uo between New York and South American ports, is in itself a suffi- Pork (mess) new ^bb'.... 8i 6 82 6 82 B 82 B 83 6 84 n cient guaranty that the comfort of the patrons of the French line B icon (long cl.mid.)flcwt 59 69 00 60 60 01 n will be provided for to the utmost. The following firstclHss tard (American) — " 63 6 63 8 63 6 63 3 63 63 n Oaeo8e(Amer'n fine) " steamers will constitute the fleet of the General Trans-Atlantic 56 56 56 5i) 56 56 o Liverpool Produce Market. Common rosin, spirits turpentine Company : — Tors. Tons. and refined petroleum have advanced during the week, while Amerique 5,000 St. Laurent 4,000 tallow has fallen of}. France .. 6,000 Pereire 4,000 Z_. Sat. Mon. Tnea. Wed. Tlmr. Fri. Lab ador 5,000 Ville de Paris 4.000 8. d. a. d. a. d. a. d. a. d. a. d. Canada ,.4,000 —Evening Fosl. Roeln (common)... $ cwt. . 6 3 53 63 53 63 53 " (pale) " 16 16 16 16 16 16 Pennstlvamia Railroad.—An elaborate volume, deibcriptive Petroleuui(reaned). ...flza! 10 10 10 10 10 wa of the Pennsylvania Railroad and its branches, by Mr. Wm. B. " (apitits) " 9)i 9X 9X «X 9J4 9>4 Sipes, has recently been issued in Philadelphia by the Passenger Tallow(American). . . ¥ cwt. 47 6 47 47 47 47 46 9 Jr., general agent. CIover8eed(Am. red).. '• 37 37 37 37 37 37 Department of that company, D. M. Boyd, Bplrlte turpentine " 24 6 34 6 34 8 26 36 26 The book is the most complete and handsomely prepared of its London Produce and Oil Markets.—Linseed and sugar show sort that has yet come to our notice, and the profuse illustrations an advance over last Friday's quotations. designed and executed with much taste and skill, lift it out of the Sat. Mou. Tuea. Wed. Thnr. Frl. realm of history or dry statistics, and make it a delightful volume £ a. d. £ 9. d. £ a. d. £ a. d. £ a. d. £ s. d. for the general reader. All the interesticg and alti active points Line'dc'ke(obl).Sti;10 10 10 10 10 10 10 10 10 10 10 10 line of the Pennsylvania Railroad and its branches, are LiBaeed(Calcutta) 50 50 50 50 9 50 9 50 9 on the 8ngar(No.l2 D'ch Btd) shown up to great advantage, and it is hardly necessary to remark onapot.^cwt 33 53 23 23 28 6 33 6 that some of the natural scenery on this route is to be classed Bnermoil Vtnn.91 94 94 91 94 94 the finest in this conntry. Whaleoil " 34 34 34 34 81 34 among LinBeedoil....!|8 cwt. 24 6 34 6 343 246 246 34 6 —Mr. Andrew Pierce, President of the Atlantic & Pacific Rail' road Company, gives notice, in our to-day's issue, that the Third Mortgage Bonds of the Pacific Railroad (of Missouri) are now (Siommercial an^ ilTisceUan^ou© ^ms. offered pursuant to the repoitof the Committee of Stockholders at 75 per cent. preference being given to Stockholders, up to and iMfORrs AND Exports for thk Wkbk.—The imoorts this ; including Nov. 10. The proceeds of these bonds are to be used week show a decrease in both dry goods and general mer- in liquidating the floating debt of the Pacifi c Railroad. cliandise. The total imports amount to $3,876,053 this week, offering a small amount of against $6,393,3?0 last week, and $4,653,548 the previous week. —Messrs. Blake Brothers & Co. are per cent, gold bonds, due in 1894. These The exports are $3,983,530 this week, against $5,400,384 last Massachusetts five at the present day and week and $4,877,407 the previous week. The exports of cotton securitias stand first-claes in our market favorable attention of con- the past week were 10,409 bales, against 10,369 bales last week. should commend themselves to the The following are the imports at New York for week ending (for servative investors. dry goods) Oct. 31, and for the week ending (for general mer- —The Commercial Inaarance Company of San Francisco tele- c'aandise) Oct. 33 : graphed to their New York agent, Mr. C. D. Kellogg, at No. 157 FOBBISH IMPOSTa *T NKW TOIIK FOR THB WXSK. Broadway, that their losses at Virginia City will not exceed 1872. 1873. 1874. 1875. $65,000, which amount is amply provided for by their surplus Dry goode $1,730,610 11,558.413 $1,272,170 11,4 8,410 leaving the company still with assets of over General merchandise... 3,570,587 4,271,680 3,488,718 2,457, 6j5 accumulations, gold and net surplus, after $400,000, gold ; surplus, $200,000, ; Totalfor the week.. tS,301,197 $5,830,093 $4,760,918 $3,876,055 cost of re-insurance and all other liabilities, of $75,000 gold. Prevloualy reported.... 357,326,003 328,113,830 322,651,331 273,811,599 Since Jan. 1 $362,627,200 »3i3,943,923 $327,415,249 $277,717,654 BANKING AND FINANCIAL. In our report of the dry goods trade will be found the imponsof I dry goods for. one week later. ADVANCES MADE, only on Cotton In Store and Approved Stock Exchange The following is a statement of the exports (exclusive of specie) Collaterals. 1<- M. WATERS & CO. from the port of New York to foreign ports, for the week ending October 26 EULROAD BONDS.-Whether you wish to BtTT or SBl.r. write to XFOBTS HlO« HBW TOBK »0B THB WBBK. HASSLBK & CO., No. 7 Wall atreet. N. T. 1872. 1873. 1874. 1875. Fortbeweek «5,36«,624 $6,404,434 $4,713,516 $3,983 586 Prevlonslyreported 183,703,156 238,002,655 235,651,962 202,181^906 TEXAS STATK BONDS Honston and Texas Central RR. First Mortgage 7 per cent (Sold Bonds, Since Jan. 1 $189,069,980 $244,407,089 $240,395,478 $206,168,442 O. H. & H. First Mortgage 7 per cent Gold Bonds, Lunds and Scrip, for sale by The following will show the exports of specie from the port Texas Laud „._._ „„ «-•„. » t.t » of WILLIAltt BRADT, 23 William at, N. Y. New York for the week ending Oct. 33, 1875, and since the beginning of the year, with a comparison for the corresponding STOCKS . ...^ , , sold us on margin of date in previous vears : Dealt In at the New York Stock Exchange bought and by Oct. 18—Str. City of New Tork..Liverpool Gold bars $18,070 flvepercent. Silver bars .39,080 PRIVILEGES of the New York Oct. 21—Str. Klopstock London Silver bars loo'ooo Negotiated at one to two per cent from market on members been realized thop.st .0 Oct. 23—Str. City of Chester Liverpool ;.Silverbar8 8,800 Exchanec or responsible parlies. Large Boms have days. Put or call costs ou 100 shares Total for the week $226,550 $106 25 for days without t^rthei Previously reported 61,507,113 Straddles $250 each, control 200 shares of stock «) gained. Advice and mforma- risk, while many thousand dollars profit m ly be statistical information and Total since January 1, 1875 -. .. $64,733,663 llon furnished. Pamphlet, containing valuable are conducted sent Same time in r Same time In^ showing how Wall street operations 1874 $41,366,774 | 1869 $28,564,030 promptly executed 1878 44,125,112 11868 66,670,194 To any address. Orders solicited by maU or wire and 1«7« 62,276.907 1867 43,257,868 "• ''^^'''' Brokcra^_ 1871 57,733,061 & CO., Bankera^n^ 1866 64,638,833 TUMBRIDGK ^ 18TO. 81,546,311 I i » — : , 413 Ootobar 30. li75J THE CHRONICLE of each The range in prices aince January 1, and the amount fiankec0* (fta^ette. darn of bonds outstanding October 1, 1875, were as follows: 4it\t • Amount Oct. J. ,—Ranniloce Jan. t. —. — — Loweav. Hl«he»t R<«;"«-ei ConpoD ts,18a reit. 118 Jan. mrnxMay KtlW.S:t.8U the I Comptroller of the Currency fomUhes aa,ian conp. .-.gyjan. 8llMWJanel7 M,S6S,B00 Tbe VulUA 8U««« M,«ao uja»,M> put week : coop Jan. aiWXApr. 13 aUtaaMt ot Naiiowa Banks orgAaiaod the Is.ft-Wa. IStS. lUM Mlowiac (,S-ira,1M« eoap. 115V Aug. «im Apr. « M.n4,ooo st,aai.aso oonp IITX Jaly U Itl.V June 18 SS.8M.W0 118.68B,4C0 Pr««lo«nl ;«•«€• U- |a.ft-«ra,IS« •naST^ mM-Ib caoluL t3UK). Jota Ware, to,&-Wa,lM6,Bew,eoap.. lITH'ian. l*4>kJ .. Dt^fsaess. OaLM. tig Jaa.. u itWIJaneti « -«^ Sepi.i; I.Mi , MM.Ht.^W _ .•m Dae nJfJXt. . >1,n_.^ IIIK Jaa. W'ltl JSSoTtTT. aHiMoa^SMwiacL ivm^Smm tt\ Jan. •.--n •0 Jan. •»•^-—m% Jane r oC^ttao.... lT.«ltJ» llSSSlaf. ^Km iMUJW iTteTirtS:" ar K" laiM 1 >IOI\«8ept.W.-5, flt.Cl.:ilOl>ec fctn.M •*.!•«,••• •0 Jaa. WetiMostM.. IBlMLMt «e L'eOtSfc fir "H 2 ii^ ii' nu •nu Jaa. i r.% Ads. » LaraltSiadm. tkimAm t4.mjei Dae I.79UW MlBMN -.52 10. May l»;IO;i, May Ir... i -S^ •« . -52 -.Sh J ITails* Walsa BsMda rinraiaiitaat aaearlUaa haare !»•»« L"" ttflkFeo. Iim Apr. • il> ihm;»5 -in MU« Idenbly acUvo aad prieaa daetdad>ynit. advaadag durln. wSSLimS" lit MUHM Jan. »«1") Castom -Sab-Treasnry. pacffPcM.?!:*!: •* iS il ^« f,^ -ii^ j;« i«^ if^ Honse -Receipts. Kxp..., ^^ fi« §'""* -Paymcnts.- Adams wi 101 1(11 Receipts. ii'i* m m^ -101 m -wr ui^ ',m^ Gold. Currency. Gold, American ISx.. 57S 67X 68 58 *5 Oct. 28.... Cnrrency. V 59 58 w w '^L ^i'' .. 1416.000 »9;o,103 29 1 475, .323 65 ^nltod State.., Hii 44^ 41 -44 ' $373,256 18 $497,970 « iii- -MX S 4^« « 41^ 1- 28...... 442,000 1,638,087 46 66 Went. Fargo.. -iSX 79* ' 636,665 24 249,69! .7SX .... '\sn wj -78^ TJX '78^ ... •« 26.... 82 751,.356 li !!., .. 342,000 617,562 92 4«7,132 10 • 775,036 62 486,431 26 •Thla li the price 27...... 292,000 1,310,972 47 bid and aake^ : 666.684 77 no «o/« was made at the Board 1,565,4.'>5 65 .581,597 37 The entire range . 244,000 1,372,824 31 481,090 94 from Jan. 1, 1874, to this date, was 440,231 23 679,9.16 asfollows- S9,',';;: ,. 353,000 24 5,237,746 96 2,308,537 31 1,852,580 Jan. 1,1875, to date- Whole year 1874 18 1,749,168 73 niehest Lowest. Highest. „''"»' I3.119.00O H.T.Cen. *Und. R...100 May' 9,041,297 41 5,025,334 01 5,286,259 68 28 107Ji May 8 95% May 19 105% Mch. 11 TTwHe"!;.'","0^9 Balance. Oct. 22 39,088.089 l?7>f Jan, 12 l-M Apr. 27 118% Jan. 7 66.51,000,675 02 iV'®" 134)i Feb. 18 Balance. Oct. 29 12KJune21 Kii Mch. 29 26 42.843.127 3'J 54,276,462 74 l^aKeShoref''«iv Dec. 10 51% Jan. 15 61 j^ Sept 15 Jan. 2 New YorK CItr Michigan 80X 67% June 19 84% Jan. 16 Bank«._The following Central 6:j Sopt 27 biM 'lan, sf.ntement shows 68% Aug. 95% Jan. the condition of tUe Associated y»b?eh 4%Jnne29 21% Jan. Banks of New York City Northwest 18% Dec. 89 65% Jan. 16 week for the 33% Oct. 9 48% Jan. .^4% July ending at the commencement of business do pref 15 68V Jan. 9 on Oct. 23 1875- 46 Oct. 9 62XJan. _ Bl Sept. 10 78% Feb. RocklBland lOOXMay 9 -^y"BAO« AHOTJKT 28 109% Ang. 19 92% Jane 19 109% Feb. 9 OF "'••P»nl 28xJunel2 Loans and Legal Net 40% Apr. 9 81% May 18 49% Jan, 10 BXKKS. Capita^. DlBCOunts. Specie Circula- Mch. Tenders. Deposits. tion. ..>° .. PL^i- " 1 66% Aug. 23 48 May 6 74% Feb, 9 New rork fS.uoo.OOO »8.?a5.300 H.153.000 Atlantic A Paciflc pref. 4 11,767:500 I>.24S.9()(; Oct. S3 18 Apr. 3(1 10% Sept. 22 Manhattan Co 2,05U.00t 6,900.900 189,600 ti.tur Pacific 3 Feb, 16 673,7l« 4,63,"..900 of Missouri Oct. 2i 55 Apr. Merchants' 3,000,000 9,523.400 9.500 7X 30 29% Jan. 48 Nov. 20»,9W1 J.541,900 7,Sr5.-.i00 Ohio & Missisalppi 14Ji Sept. S3 Mechanics' 2,000,00« 7,537.300 101,400 ^SS.SOO' 82% Jan, 2 31% June 17 36 Jan. 10 1,SOS.500 5.70d.8rtO Central of New Jersey. Union 1,500,000 4,922,600 368.I0U 99>J Oct 8 120 Apr. 27 98 Jan. 3 89,100 864,700 S.5I0.700 Del., Lack. 109% Feb. 10 America 3,000,000 10,li2,'0a SO;.4iO & Western. 106!tf Jan. 8 123 Apr. 27 99 2.7|-i.500 S.69;,300 Jan. 3 112% Feb. 10 Phrenli 1,800,000 3,«:7.( 00 "i'.'-JC* Hannibal* St. Jo Oct. 143,100 6.36,700 2,860.900 16ji 30% Mch. 29 22XSept. 7 84^ Jan. 12 City 1,000,000 5.113.9; 346,000 £31.100 Union Pacific 36 1,365,000 5,097,-iOO Jan 18 79% June 1 Tradesmen's 23 June 17 88* Mch. .30 1,000,000 s,S40.';oo iS.llO 403,700 Col., Chic. I. 1.6£6,500 & C 3 JunelS Jan. 14 Fulton 600,000 1,603,»00 (-0,900 '.Bo.iiib 9% Sept 3, 82)4 Mch. 30 617.0 1,'.!72,500 Panama llOjfJan. 21 172 Chemical 300,001* 8.111.700 Apr. SC 101 Apr. 20 118 Jan. 9 ' 131,200 2.579.7(0 7,317,7(0 Western Union Tel 7034 Feb 17 84% Aug. 17 Merchants'Exch'ge. 1,000.000 3,o6S,oOO 7,600 661.800 68 Apr. 24 83>« Doc. 10 Gallatin, 2,697,-«t) 450.000 Atlantic & Paciflc Tel.. 'T!.- Oct. National.. 1,500,000 8,si9,-;oo 127,900 401,-200 6 29% Jan, 15 14 Aug. 25 20 1,-^43,400 419.500 QaicksUYcr Nov 7 Butchers'&Drovers' 800,000 2,J6a,l 00 3-1,000 252,000 13 May 14 35 Jan, 6 Apr. 1,431.000 K6.1KIO 22% 28 36j< Nov. 24 McchanlcB&Traderi 600,000 1,916,71)0 6,!00 i75,200 .,'"^' *0 Jnly 16 44 Jan. 1,112,8(10 195,700 i> A°,. 29 Jnne29[ 48 Nov. 27 Greenwich 200,000 1.070,600 94,600 PaclflcMall Feb. 10 891.400 2,700 30Ji ,;.-'•46% Apr. I*""- *' 5!Sj Leather Mannf 600,000 3,153,800 167,5(16 «-v -I ^^ Sept. 30 57^,W0 2.6^8.900 AdarasExprees 98 Jan. 2 Seventh Ward f5;.30C 253.3(X) 101% Mch. 23! 92% Jan. 18ll20 Nov 13 300,000 14,000 212.000 887,800 American„...„..„„.. «.....^,,,i„o Stateof 4,l>.13.300 54.500 Eiprees SOuv uuue^oiJune S5 65 Jan. 151 N.Tork.. . 2,000,000 91,900 797,^00 68% Jan. 8l 65 * Dpc 1 2.948.700 315.800 Unled States Express. Aug. 11 American Exch'ge. 5,000.000 12,t2.i.(00 393,000 2.087,(HI0 41% 65 Jan. 11 60 Sept. 28 73 p|b' 9 8,426,11(0 412,000 Wells. Fargo Co 71 Aug. 28' Commerce 10,000,000 21,379,300 5a 1,200 2,292,.«00 & 92% Apr. 3ol 69>tf JaS. 6| 84 9.655,1'CO 1.77^.200 Nov SO Broadway 1,000,000 »,696,000 34,600 665,500 8,-34 1,500 863,500 Railroad Earntngs—The Mercantile 4,3S),7('0 latest earnings obtainable, 1,000.000 71,100 7S2,400 8,943.500 and the Pacific 422.700 1,8:5,400 225,000 totals irom January 1 to latest dates, 9..3O0 837,400 1.968,;00 are as follows: Republic 2,000,000 4,iS9,V00 2?2,700 73'AIOO 2,957,100 456,000 ' Latest earnings reported Chatham. 450,000 3,263,800 42,100 , Jan. I to latest date. 862,700 8,318,5(0 875,400 Roads People's 412,500 1,418,800 400 158,500 1,180,100 5,500 Atch., Top. S. Fe. North America 1.000.000 2,9(M,3O0 J5.0C0 & Month of Au?. $16l,fr5 tUiJmi 606,000 2,7i 6,iOO Jfim t78?9's'i Hanover 1,000,000 Central Paciflc .. Month of 3.13^,300 57,500 631,500 2,125,400 Sept. I'ssi OOO 1,371,'739 12 480 18.3 295^666 10 305 199 Irving 500,000 2,225,000 11.000 588.000 Chic.. Sd week of Oct. 9.9P2 12,11312 13 2.2;8,000 1-^2,900 ? ?,-,.?'*'iy-J^ 308,79 J Ml 4M Metropolitan 1,000,1)00 12.945.000 848.200 2,460.200 •Ilous. & Texas. C. 1st week of Oct. f0,9)7 9.7fl.SO0 4tiA00 62,473 Citizens euc.oco 1.4U9U0 81.700 49d,200 1.7i Illinois Central Month of Sept. 9,0(0 133,30 737.831 7,58,536 5,619,160 5,713,035 Nassan l,UO(i,('00 2A!C3,400 S0,:!«0 172,000 Indianap, 1,965,700 3,90(1 Bl, & W, . 2d week of Oct, 32,067 Market 1,000.000 2.828.200 4.1.600 34,450 972.907 1,321,174 3.'9,100 l,'OO,!0O 198,700 Intern'l & at. North. 2d week of Oct. St. .Nicholas 1,0(10,000 2.464,600 47.7(0 .34,197 31,000 e80;672 882,183 235,(00 977,900 757,300 Kansas Paciflc Shoe and Leather.. 1.00(1.(00 4.502,000 r.i.9iio let week of Oct. 81,36-) 85,909 2,439,588 601.1(0 8,1 b7 .0(0 ~23,S00 2,491,162 Corn Exchange 1,000,000 S4.III0 Keoknk & Des M. .. 3d week of Oct. 3.101,100 516.fCO 1.916.600 19,6!0 17,788 666,462 549,697 Continental 4.8CO Mo. Kansas* l.SOO.OCO 4,!6;,500 SS.5O0 7-^8.000 3,' 01,100 Tex... 2d week of Oct. 72.756 68,952 2,163,542 439,5(« 2,443,633 Oriental 300,000 1,468,200 4.700 !SC.200 1.176.100 Mobile&Ohio Month of Sept. 149,821 4.0(0 165,802 1,148,130 1,475,157 Marine 400.000 2,^41.100 67,500 513.000 2,206.SOO St.L.AI.&TH.bchs. 2d week of Oct. 15,650 lmporterB'& Trad'rs 196.500 18,053 430.250 427,024 1,500,000 15,604.500 125.600 4.0j2,?O0 16,474.700 487.300 St. L. I. Mt.& South.. 2d week of Oct. 106, (22 Park 8,000,000 1S,47.S,100 li2.400 86,193 2,682,548 2,.36B,392 3,830.100 15.777.500 60.0C0 St. L. K. C. AN.,,. Month of Mech. Bank'gAsBO. 500,000 l,160,il)0 le.'oo Sept. 216,634 849.733 1,830,843 1.805,778 217.600 Sl'iO.MO 302,900 St. L. Southeast.., Grocers' soo.ooo 679,100 6,400 173.'-00 & 2d week of Oct. 21.743 28.310 7.56,466 6.53,-200 985,535 North River :. 8t. Paul &S.City, Bowery National . . Subsequently on the small effect of the Treasury 250,000 1,312.6(0 2,500 22l,0il0 883,000 2S1.000 disbursements New York Co. Nat. 200.000 1.2.J7.000 of November interest, and on S34.(-(0 1,'. 13,000 180,000 receipt of news of the great fire in German American. 1.000,000 3.371.700 53'.i66 587,4(0 S.:(03,,1P0 Dry Goods the mining works at Virginia City, the price became stronger l.OOtLOCO l,99i),8lX) ;,!>oc S-i5,900 1.621,100 and to-day it ruled at llGi to llOi. first Total »31.'35JOO»2S0.58I,700 The impression, on the _. 16,403.6(0 t51,7O,>,900 I2!S.4!1,7('0 break tl7,8I6.200 below 115, was that the combination to keep gold scarce had The deviations from the returns of the previous week are as been broken up by the selling out of one or more of the principal follows parties J'Oons Dec. $3.94 -,0(0 1 Set in it, and t"hat the price would possibly decline consider- Deposits Dec. »5 227.100 ably Specie. Inc. 17,400 Circulation Inc. 84(0 further. Lately, however, tlie "street" seems to be some- I^iralTenders Dec. I.TSVCol what nonplussed as to the course of gold, and opinions differ as Tbe following are the totals for a series of weeks past to whether there is any definite clique movement to keep up rates, Legal Circu- AKgregaie or whetlier the effect Loans. Specie. of individual operations is sufficient t() lenders. Denoslts. lation. clearings •Tuly 31... 278.91)7.700 account for 1^:731.200 75.531 lOO 251,066.100 13.576.100 31)2.74 •,.6;il the greater firmness under the present -7 circumstances Auifust iSO.131.300 16.331.100 73.601.800 851.461.800 18.5il.RlK) 361.9SP.JV7 of extremely August 14 283.541.900 limited supply. The terms on gold loans have 13.44.'. 100 TJ.726.200 248.033.260 18.412.710 S0.1.i!53.7rr> AuK-i6t2I 282.96 l.iOi) ranged " !2..'ai.700 70.390,700 216,176.800 18.234.51 IJ S17.9II.I76 most of the week from flat" to 1 32 per day for AujfUBt )S2.336.90n borrow- 28 r,'.0I5.1OO 70.506.700 246.6;6,700 19.021.0110 81'C.4'r. r.:-o ing, Sept. 2<2,3S4.3(iO and to-day were 3 64, 1-16, 1-32, 1-04, and flat. 4..., 10.210.300 70.606.300 843.788.W0 I8.12-..40O 389.9I?.1»1 S.pt. II... 283.443.-200 9.378.M0 At the Treasury sale of |1,000,000 on 69,18\2nO 242.604.200 17.756.601) S5J.7-;6.405 Thursday the total bids Sept. It... 282.071.00 7,3!i6.5O0 67.938.000 239.880.400 n.iM.tOO 4I1.1I9.1.-1 amounted to Sopt. 25... 231,1.16.200 7.269.-200 |3,080,000, and all but $30,000 was taken by one 67,321.900 239.439.400 17.934..=0fl 405.863.374 Oct. 2 •273.B41.;*X1 6.448.900 61.490.500 231.403.6(Kl party at 116.40—116.45. Customs receipts ^.g-js..-™ SS5.151.919 ot the week were Oct. »... 282,113.600 6.701.500 00.356.600 230.1.56.100 :7.>5;,inii 4113.246.651 ^2,119,000. Oct. 16... 28i.529.7CO 6.3S9.20O 36.195.400 828.698.MOi> 17.t-'12.6ai 41^'<65.~25 Oct. 88.... 250,584.700 6,406,600 51,702,900 828,471.700 17,816,200 421.74 1,7 19 : . ' . «. . . October 30, 1875 ] THE CHRONICLE. 415 Aoatoa Baaks.—Below we girt % sMtanent of the Boston BOSTOM, PUtI.4DBI.Pail. Ete.-Contlnaed. NatiotuklBanka.aa retarned to the Clearing House on Monday, Oct 25. 1875 aaanarriBa. Bid. •BonaiTise. Bid Bwk« Casual. Leaoa. Specie. L.T.)rolea. Depoalu. Citenl. uiuue. ViMMa* ItxajDS *8uu S8S.4W m*M>WMJUO 4Uaa 1.1WJM tiUtXO liijoa l.l>ll.!«V PBILADBLPHIA. BALTinOHB. aat oaa I.C1 4,nuOI M.XS UKJCO W o IJW UtM* rrland «». deience, J. * J.. •-:o« Boalea JI.TI*! TATa AJID OITT BOKDa. uea MM* do 6». rx«mpt, 1?87 no B>7Utaa PeaaajlTaBlaia. coop 101 ... Do e-,l!-90. qmrlerly... ip« Broadwaj ao do retf toi aijoeo lUJX <»o Sp, qnarterlr «8 Cvotrmt do (1,10-15,20 lltSV IM Baltimore <•, IS9I, ooarurlT... lOSM io«s blaa do ito i»-«. a 416 THE CHRONICLE. [October 30, 1875. GENERAL QUOTATIONS OF STOCKS AND BONDS IN NEW YORK, U. 8. Bond* ana ocfftw Sculroad Stoekt are qvoted on a premout page. Prieet repreient t/it per eent value, wliatever the par may be ^puruKlTlKa. Bid. BIOVBITtlS. sxotJiimxB. A«k sKcnrBiTiss. Ask Miate Bonds. Hallroad Bonds. Tol.ft Wabaab, 1st m. extend. New Jersey A N. Y. 7s, gold.. ^Imbamft &«. 188S ?,>" {Stock no do 1st m. St.L. dlv N. y. Obw. Mid. 1st 7s, gold. do M.tsat Bxchangt Prica.') 55X A Albanj ft Busq., Isi bonds... mx HIS do do 2dmort do do 2d 7s, conv. do Ss.lSW 108 iJ'^ do do 2d ... do do eqnlpm't bds. Nortl . Pac. Ist m. gold 7 S-lOs.. do 8B.1888 do do do 3d do ... do do con. convert.. ')mal a A Southwestern RR. 95 do 8<, Mont. A Kuf 'U K. Boston, Hartf. ft Erie, 1st mort 21 Bannlbal A Naples, Ist mort... Oswego A Rome 7s. guar 100 do 8a,AI». * Chat.K... 18 1888. TS do do guar I Oreat Western, l»t mort., Peoria, Pekln A J. Istmort of 189a.. do St Bur.,C.RapIdsAMlnn. lBt7s.g ao do 2d mort., 1893.. Peoria A Rock I.7s,gold Arkanaaa 6«, fnnded )i Chesapeake ft Ohio 68, Ist m.. 31 Qnlncy ft Toledo, 1st mort. 1890 Port Huron A L. M. 7b, gld, end Ft. 8. IM. do 78.1.. R. * do do ex coup 21 nilnolB A So. Iowa. 1st mort... Pullman Palace Car Co. stock, do 18, Mcinphla * L. U. Chicago ft Alton fund. Lafayette, Bl'n A Miss., Istm. do bds, 88, 4th series do 78,L.U.,P.H.*N.O. sinking do do Istmort lii" Han. 4 Central Missouri, Istm. 12X Rockf 'd, R. I. A St. L. Ist 78, gld 78,MIS8.0. 4R. KIT, do do do Income 101), Pokln.Llncoln A Decatur, Ist m Ruu^i> t * "«wego 7b, (torn... do 7», Arlt. Cent. R Jollet A Chicago, 1st mort CIn., Lafayette A Chic, ist in. SlonxCltyatfaciflcbo L'>lirornls78 Louisiana A Mo., 1st m., guar. Del. ft Hudson Canal, Ist m., '91 112 Bouthern'Mlnn. construe. 8s... do 78, larffo bonds.. ... St. Louta, Jack, ft Chic, Ist m. 98 101 do do 1881 IIOX HI do 78 ConnccttcutOa U6)» 91 Chic, Bur. 4 Q. 8 p. cist m... 115 do do 18Ti 103X lOlX St. Jo. ft C. BLlst mort. 10s... Ueorgta 6a 1(11 do do consol. m. 7s lOlX Long Island liR., 1st mort 103 do do 8 p. c do 7s, new bonds -08)1 99 Chicago, Rk. Island A Paclflc. 109 Sooth Side, L. I., I8t m. bonds. St. Jo. 4 Den. C. 88, gld, W. D. do 78, endorsed »9X do S. F. inc. 6s,'95 99X Western IJnlonTel., Ist m. 7s. do do 88, gld, E. I).. do 78, gold bonds ii:; 7s. Central of N. J., Ist m., new. . raiarcellaneoiia LIkI, Sandusky, Mans. A Newark Indiana Sa Ist. ^^. '.la do do 1st consol 101 IBrokera' Quotatlons.1 St. Louis, Vandalla A T. 11. Illinois 68 coupon, ISrr lOU do do con. conv lOih llOX CITIKS. do do 2d, guar. :87« do do U2>1 Lehigh A Wilkes B. con. guar. 96 :C2 ir< St. L. A So'eastern let 7s, gold. 00 Warloan Albany, N.Y.,«8 IIU Am. Dock A Improve, bonds.. Buffalo Water 106 107 St.L. A I.Mt. (Ark. Br.) 7s, g. Kentucky 6e lii' lis' of Y.7s... 86 Mil. A St. Paul 1st m. 88,OB, P.I . Dl^., CO Park 106 107 Southern Central N. Louisiana 68 91 96 do do 7 3-10 do. 92 Chicago 6s, long dates 98 00 Union A LoKanBport7s do do new bonds,. . do 78, gold, R. D. 90 do 7s, sewerage ;04X 109 Union Pacinc, So. branch, 6s, g do donowlloallnitdebt 9i gold do lstm.,LaC.D. 93k do 78. water IftiX 104X Walklll Valley ist 7s, do 79, Penitentiary do Istm.I.AM.D. SIX do 7s, river Improvement .U4X 1U4X West Wisconsin 78, gold do 6b, levee bonds , do Istm. I.ft D.. do 7s, various 103V Wisconsin Valley 88 do 88, do do Istm. H. AD. Cleveland "ts lOlV lOSX do 8s, do 1875. 85 do Ist m. C. ft M Detroit Water Works 7s, 106 106X Sonthern Securities. do St. ..Of IMO.. do Ist Consol. .. 17X Elizabeth City, due '95,.. 96 97 'Brokers' Quntatiowi.'j MlehiK«n«<,l87B-7< ^3 do 2d m. do . " " '85... 99 99 8TATK8. do 6«,1883 107 Chic, ft N. Western sink. fund. Hartford 68 102 103 Louisiana new consol. 78 95 do 78,1890 iie^. do Int. bonds Indianapolis 7-30s 100 102 South Carolina new consol. 68. M Mlfesonrl 6s, due In 187S 95 101 do consol. bdB % Newark Clty7s 107 108 Texas State 68, 1877 do do 1876 J. do ext'n bds. 90 Oswego |U3 101 do 68,1891-2 82X do do 1877 59 100 do Ist mort. S, Poughkeepsle Water :05 106 do 78, gold 99 d« 1»78 do do cp.gld.bds 86)4 Rochester City Water bds., '93 109 106 do 10s, of 1884 102 do do 1S79 do reg. do NS Toledo 7-608 102 103 do lOs, pension 100 do_ do 1880 79 101 Iowa Midland, Istmort. 8s, Tonkers Water, due 1903 104 lOB Funding bonds due In 1894-6. 103 il'lX Galena A Chicago Extended.. FAILROADS, 01T1X8, Lonp brf8. due '81 to *91 Incl.. ;oix 98 lui Peninsula, 1st mort., conv Atchison A p. Peak, 69, gold.. 20 Atlanta, Ga., 78 Asylum or Unlvera.. due 1892, 98 101 Chic. A Milwaukee, 1st mort. Atlantic A Paclflc L. G. Bs, gld. 15 do 8s Han. & 6t. Joseph, due 1875. Winona St. Peters, 1st mort. Atchison Nebraska, 8 p. c. . 20 Augusta, Ga., 7s, bonds do 1876. 01 A A do do 2d mort. 7b, 105 stock 68 101 do do , Bur. Mo. Rlv.,Land m. Charleston do do da 1886. 4 lOlU C.CC.ft Ind's.lstm.7s. S. F do 2d 8., do 78.... 108 Charleston. S. C, 78, F. L. bds, do do 1887 do do do Consol. m. bonds do SdS., do 8s.... 108 Columbia, S. C, 6a New York Bounty Loan, rcg l>« 107X do .. ft Weste rn, 2d m . . 112H 4th 8., do 88. . 108 Colmnbus, Ga., 78, bonds do coup. 107 Del Lack, do do 119 do do 78, conv. do do SthS.,do88... 108 Lynchburg6B 6s, Canal Loan, ISK. do Ist mort S., do 8s. 109 7s, Donds 115 Morris ft Essex, do do 6th . Macon do (t, do 1877. 116 do do 2dmort l06X Bnr.,C.R.AM. (M.dlv.),g.78. 22X Memphis old bonds, 69 do 68, do 1S78, do do bonds, 1900... Cairo A Fulton, Ist 7s, gold S5 do new bonds, 6s do 6e, gold reg....l887. do do construction California Pac KR. 7s, KOld 70 do end.,M. A C.BB. .. 6s, do coup.. 1887. 105 106 do do do 78 of 1871 do 6s, 2dm., Mobile 58, (coups, on) do 6s, do loan.. 1883. do do Ist con. guar. lOoX 106)4 Canada Southern Ist 7s, gold do 88. (coups, on) do 6s, do do ..1891. 106 Erie, Ist mort., extended 104X Central Paclflc 78, gold. conv.. Montgomery 88 ..,, do 6s, do do ..1875. do do endorsed— ... Central of Iowa 1st m. 7b, gold Nashville 68, old do 5s, do do ..1876. do 2d mort., 78, 1879 lOOM loak do do 2d tn. 78, gold do 6s, new North Carolina 6b, old, J. A J. v.y. ' 8d do 7s,1883 92 95X St. Paul 88... New (Orleans 58 A. O. r do Keokuk A do 4 4th do 78,1880 95X Bur. Ss do consol. 68 J.. do Carthage A do N.C.KB....J.* do 5th do 78,1888 Dixon, Peoria A Han. 8s do bonds, 7b do do ....A. &0.. do 7s, cons. mort. gold bds. O. O. A Fox R. Valley 88 do gold 78, quarterly do coup off .J. & J.. do Long Dock bonds 101 ;< Qnlncy Warsaw 88 do 108 do do off.A.&O.. A do Bull., N. Y. 4 Erie, 1st m., 1877. Illinois Grand Trunk do to railroads, 6s. do Funding act, 1866.., do do do large bds . Chic, Dub. A Minn. 88.. Norfolk 6s So 1868.., do Han. A St. Jo. land grants Peoria A Hannibal R. 8s. Petersburg 68 bonds, J. A J., do New do 8s, conv. mort... nx Iowa R. 89... Richmond 68 do A. &0. do Chicago A do Dubuque A Sioux City, Ist m.. American Central 88 Savannah 7s, old do Bpeclal tax, Class 1 aw 3 do do 2d dlv. Chic A S'thwestern 78, guar. do 7s, new do do Class 2 80 3% Cedar Falls A Minn.. Ist mort. Chesapeake A O. 2d m. gold Wilmington, N. C, 68, gold.... do do Class 3. 27 102 Indlanap., Bl. A W., Ist mort. Col. ft Hock. V. Ist 78, aw years do do 86, gold... Ohio 6s, 1875 107 do do 2d mort... do (Ip Ist 7s, 10 years do 6b, ISSl I'BJ. 104 RATLTtOADS. 107 Mich. So. 7 p. c 2d mort do no 2d 7s, 20 years do 6s. 1886 108 Mich. S. ft N. Ind., S. F., 7 p. c Chicago, Clinton A Dub. 8s Ala. 4 Chatt. Istm.Bs., end.... Kbodc Island 68 m 106)4 92 31 Cleve. A Tol. sinking fund.... CMcTa Can. South. 1st m. g.7s Ala. A Tenn. R. 1st mort. 7s. . Bouth Carollna6B 102 42 30 do do new bonds Ch. D. A v., 1. dlv., Ist m. g. 78. do do 2d mort. 78.... do Jan. & July 103 73 30 Cleve., P'vlUe 4 Ash., old bds. Chic, Danv. A VIncen's 78, gld Atlantic A Gulf, consol do April A Oct 101 30 do do new bde Connecticut Valley 78 do do end. Savan'b. do Funding act, 1866. . io' Detroit, Monroe 4 Tol. bonds. 101 Connecticut Western 1st 78. . do do stock J. bO do LandC, 1889, J. A Buffalo Erie, new bonds 100 Mich. Lake Shore. do do do guar... SO LandC,1889,A.&0. 30 A Chicago A do Buffalo A State Line 78 101 Dan.. Urb.. Bl. A P. Ist m. 78,g Carolina Central Ist m. 6s, g.. 75 0fl888. SO 98 do 78 Kalamazoo W. Pigeon, 1st. Moines Ft. Dodge Ist 7s, Central Georgia consol. m. 7s. nonJundable bonds. *H A Des A do Lake Shore Dlv. bonds 99X Detroit, Hillsdale A In. KR.8s do stock 60 Tennessee 6s, old 48X 102 60 I'W do Cons, coup., Ist... Detroit A Hay City 88 guar.... Charlotte Col. A A. 1st M. 78.. do do ex coupon.. lU) ICIK stock 10 4: do Cons, reg., Isi Detroit, Eel River A 111. 8s do do do do do new series Savannah 68. end 40 101 do Cons, coup., 2d Det., Laos. 4 Lake M. Ist m. 8i Charleston A Texas, 108, of 1876 50 S9X do Cons, reg., 2d do do 2d m. 88 Savannah A Char. 1st m. It Virginia 6s. old Darlington 7b... 90 40 Marietta A CIn., 1st mort DntchessA Columbia 78 35 Cheraw A do do new bonds, 1866. . Georgia 68... 70 Mich. Cent., conBOl. 7s, 1902 . 103X Denver Paclflc 78, gold S2X East Tenn. A do 1867... 40 70 do do do 1st m. 8s, 1882,8. f. Denver A lilo Grande 78, gold. 60 East Tenn. A Va. 68, end. Tenn do cousol. bonds 69 «4 do do equlpm't bonds... Evansvllle A Crawford8V.,7s. lOO E. Tenn. "Va. A Ga, 1st m. 78. . do do exmatudcoup. 63X stock 90 New Jersey Soutnern, 1st m . 76 Erie ft Pittsburg Ist 78 do do do do cousol. 2d series., do do consol. 7s do do 2d78 Georgia RR.78 100 do deferred bonds.. . stock 70 do New York A New Haven 6s. . . do 78, equip do 3.658 do 64 District of Columbia N.Y. Central 6s, 1883 102; 103 Evansvllle, Hen. & Nashv. 78. Greenville A Col. 78, guar 92 Katlroad Mocka. do 6s, 1887 m 102X EHitabethtown A Padu. 88, con. do do 78, certif 100 (Acline prerlmmlii quoted.) do 66, real estate.... 100 Evansvllle, T. H. A Chic 7b, g. Macon A Brunswick end. 78... 101 88 AllianyA Susquehanna do 6b, subBcrlptlon. 100 Flint A Pere M. 7s, Land grant. Macon 4 Augusta bonds Central Paclllc 'lb do 78,1876 iOix 108X Fort W., Jackson A Sag. 8s do do endorsed 90 X 19 Chicago A Alton do 78, conv., 1876 lud. 1st guar 78.... do do stock lOSX Grand R. A do do pref do Hudson, Ist m., coup. 119 126)4 do IstL. G78... Memphis A Charleston Ist 78. 89 111 A Chic, Bur. A Qulncy do do Ist m., reg... ;i4 116 do Ist ex L. G. 78 do do 2d78.. 69 51 9 Cleve,, Col., Cfn. A Indlanap.. Hudson K. 7b, 2d m. 8. fd. 1885.. 112)4 Grand River Valley 8s do do slock 39« 69 Cleveland A Pittsburg, guar.. Harlem, 1st mort. 7s, coup 1IJ>^ 114k Hous. A Texas C. 1st 78, gold.. Memphis A Little Rock 1st m. Dubuque A Sioux City 65 do reg ;i2)4 Vlncen. lBt78, guar MIsslBBlppI Central 1st m. 78. 89 do Indlanap. A 65 Erie pref North Missouri, 1st mort 96x Falls A Sioux C. 1st 78... do 2dm. 88... 90" Iowa 90 Hannibal A St. Joseph, pref... Ohio ft Miss., consol. sink, fd, 90ik Indianapolis A St. Louis 7b Mississippi A Tenn. 1st m. 7s. — 64 lOtUolti Central do do consolidated iSJi Houston A Gt. North. 1st 78, g. do do consol. 88 Ciii. West P. Ist 8s 99 Xnolanap. A Lafayette do do 2d do 65)4 66X International (Texas) 1st g. , Montgomery A Alabama 88, guar " E. R., Ft. S. A Gulf Ist.Ti. 10s 60 69 PAS I' XiVK COUPONS. do do nrof Tol., Peoria ft Warsaw, D.. Mo. 50 D.. do do 2a in. 10s. 40 Tennessee state coupons Cumberland Coal ft Iron do do W. . Tik do 44 do Bnr. Dlv. Haven, Mlddlet'n 4 w. 78.. 32' 35 Virginia coupons Maryland Coal 16 do N. 90 do 2d mort.. Midland Ist 7b, gold 30 do consol. coup Pennsylvania Coal do N. J. 32X •0 Kprlng Mountain Coal 65H'-67>i do do consol.7s do 2d7» 10 14 Memphis City coupons & . : : « Octo er 3l), 1875.] THE CHRONICLE 417 The net earninga were Jnocstmenta IgTt-W. 1878-74. Inc. or Doc. P. c. SaTannab DWiriOB $7M.1W SO tr.t2.mt S8 D«:.. t6 5l5TR 9 AND Atlaou Division ao;,a6i 01 fH.O-.b so Inc.. 113,809 68 lil.l SoalbwntFrn Railroad. ... M6,i9r «a 181.8S.S 3« Ilc . . 84,733 iS 46. STATE. CITY AND CORPORATION FINANCES. l'p«m County R. R *«I7 IJ 311 7S Total railroad $1.0Pg,9S4 04 Inc. .fisn.gv; 87 18 9 Central Railroad Bask. . U.im 75 Inc. The " laTeaton' SapplemoDl" ) pablUhed on tbe l*at Saturdaj «S,5.« 47 )«7 of each raoalh. and farniahed to all raKolar sabacribers of thg Total tl.U7,«MlS tl,023.0«tt 73 iae' 1304,433 31 MO Chbomclk. No alDgle oopiea of the Sapplement are aold at the • D«flclewy. office, as 00I7 a aaffletent namber la printed to aoppljr tegolar The average r?8alts were aa follows ubacribtra. Sav. DiT. At. Dlv. S. W. R. R. U. C. R. R. ToUI. GfOMeamlninpcrmne ... $S,46I ti,*l' ti.&M $906 $4,074 irataaraiiuapfrmlle 1.567 t,0» ST8 .... I.t9« annuaij reports. Per cent orczpenaea fiS.il U.M 6S.41 110.88 &7.81 The expensea the previous year were 67.41 per cent of earninga. The report of President Wadley gives the following par- " Centrml of Georcia. tlcttlara coDcernlng the Weatern Alabama road : A decree for the aale of the road having been made, and the Central, (For the Ymt Kniing Augtutil, 1875.) jointly with the Georgia Railroad Company, being endoraera Prom tbe newapapera we bare the following abatraet tl of on a Urge amount of the bonds, it was agreed to become luinaal report. Tbe Preaident ears : In tbe face of tbe joint purcbaaera of tbe decrease j road aoleaa some other party bid a ia gmaa earninza, there baa been a considerable inereaae in the sum lar^e enough to protect tbe endorssments. The sale was made, in accordance with the decree of court, April 19, and bet reaull. which baa been aecured by the atricteat aoonomj and tbe road was bid off by Major II. C. Snmple a4 Hj^ent for the two operation, eloae attention to details of together with the georral companies. The amount bid, with expensea and payments nn decrease of pricesof labor and materiala. While tbe aame policj oeonnt of the Wrsiern Railroad Company, amountisl to $3,286^ 8jS7 08. This, divided equally of eooDomjr will be eonlinned, it is not beliered that much addi- between the two purcbaaing com- tional laTinfr can be made in tbe expensea of working. The paalea. girra to each |l,i;43,l°,!8 51. While the abore waa the bid property has been fully maintained, and Is now in belter coadt- sum and paid by the two companies, the bonded debt of the tion than at any time since tbe war. Weatera Railroad stands now at |2,5.>3,000,on which interest has to be paid tha * * Soma ehaages in aeeoanta have been made daring the year. at rate of 8 per cent per annum. Althoiii^h Coaatderable amonnia beretolore carried aa aasets hare ovra the road was sold April 19, tbe sale waa not confirmed until May it paased into tbe of ehargad oS. The statameau of the Central Kitlriad Bank will 99, when hands Qen. K. P. Alexander, aa agaat of the two companies, and he will continue in belnelad eaaaot b« giren : but it is that dalwl bonds at «S for Um %\ffX)flVi boada lasaod after the war to hoped this can soon be done so that the will pay for the rc-ooaalracliaa ol the road, vhieh became doe 8ept''Di- two roada meet at Opelika." ber 1. Only f108.000 of these bonds have thaa far been pre- salad, aad oaly 199,000 etebaaged. It la bellarwl that wli..n OENBR^I. INVE3TMENT NEWS. tha lalaieat eessas at matarity. most of tbeaa boada will be eiebaagad soon ; shoold tbis not be the case, tbe traa policy wii; Caatnl af Iowa.—A daerea haa been made in tbe United ba ta darvMe all set aaraiaga to their paymeat rather than to Circuit Court at Dea Moinea, luwa. for the foreclosure sod abaait to a gvsatar dlseount thaa flve per eaat. oa the new 9i tbe Central Railroad of Iowa for the beneflt of the bond- boada. NVe copy from the report of the New Vork and Boston Ia addhlaa to thaas boada, pfoviaioa maat ba aMda for |4 .,000 litre til tbe iiondholdera :— f SaalkwaMara falllag boada daa Oeiabar 1. 1973 ; 9t7a,.-iOO M ua- Tbe maater ap|H>lnted In May last to ascertain the wiahea of tha baada, la eofsa Jaanary. 1979 ; $10X100 Bonihaaiisia bonds in baadboUera reported that a very large majority, in wit, 92; 418 THE CHRONICLE. [October 30, 1875. that the faith of the United States is pledged to provide for the one, and one that would in time give to all interested an adequate paymeut of icteMst and principal of tlie 3.05 District bonds. If return, and when they declared the last dividend they felt tbat tiie bonds have l>een sold to bona fide holders on the faith of the with the good credit they then enjoyed, they would be able to carry until U. S. Government, undur the provisions of a law which even over the company another year, when, with an abund- appeared to warrant the imposition of such a responsibility, the ant harvest at the West and returning prosperity, they would be fairest way now is for the government to assume the liability able to make up for the falling off in earnings, for the past year, squarely. The great fault is in paesinjj laws which admit of a and thereby carry out the terms of llieir lease, and meet all obli- doubtful construction, and whic'i by a system of juggling can gations. The depreciation of their shares at the Exchange has first be made to mean one thing and then another, according to utterly destroyed their credit, and with their large floating debt, the latest wishes and purposes of parties financially interested. the directors have been compelled to use all their net resources The Credit Mobilier and Pacific Mail transactions are jet fresh in for maturing bond interest and rentals. In conclusion the com- the public mind, as well as the dishonored guaranties of millions mittee suggest that, if tlie stockholders would come forward and of railroad bonds by Southern States, and the practice ot dona take the $1,854,000 third mortgage bonds at 75 per cent, then the tions or endorsements by governments for outside enterprises, is floating debt c )uld bo retired, and by the stockholders foregoing now somewhat in disfavor with that portion of the people who their rental for a few years, they have no doubt that, with proper have not been pecuniarily interestejl in them. management, the future growth of business on the road will in time make their stock of value; otherwise the third mortgage European & North American.—B. E. Smith, of Columbus, bondholders (the most of whom are floating debt creditors) may O., the only surviving trustee named in the mortgage deed of the ask for their rights, and in that case take the property. Consolidated European & Norih American Kailway, took posses- M'. Pierce, President of the Atlantic & Pacific, submitted a sup- sion ot the road on Wednesday last. plementary report to the effect that when the Atlantic & Pacific Company took the Missouri Pacific Road it was net safe to run Lake Shore & Michigan Sonthcrn.—The total funded debt over, but that a large amount of money had been spent upon it, of this company is precisely the same, in amount, as appeared in so tliat it is now one of the best built and equipped roads in the the annual report to the end of 1874. There have been, how- West. ever, some changes in the detail, growing out of the exchange of After considerable discussion, Mr. Denny ofTered a resolution one kind of bond for another, under the provisions made therefor that a conference of the bondholders, stockholders, creditors, and —and there has been $300,000 in second mortj^age bonds all others interested in the road be called for the purpose of exchanged for the same amount of first mortgage—making the devising some amicable plan of reorganization, to be presentsd at former issue so much larger than appears in last annual report, a future meeting, which was carried, and the meeting adjourned. and the latter issue the same amount smaller. In consequence In accordance with the suggestions of the committee, the of this change having been made, the impression had gained President of the Atlantic & Pacific is ofToring, in an advertisement, ground in some quarters that there had been a net increase in the to the Stockholders of the Missouri Pacific Railroad $1,854,000 debt. third mortgage bonds of said Paci3c Railroad at 75 per cent. Little Rocli & Fort Smith Railroad.—This road was fore- Stockholders to have the preference to purchase said Bonds at closed and sold Dec. 10, 1874, for $100,000 (road |.J0,000 and land that rate until and including Nov. 10, 1875. The proceeds of said $.511,000.) Anew corporation (the L'ttle Rock & Fort Smith iiaii- sales to be used only iu liquidating the floating debt of said tray) was formed, with $5,000,000 capital, into which the $8,500,000 Pacific Railroad. of bonds were to bo converted at the rate of 55 per cent. $8,000,000 Richmond Atlanta Air Line. At the recent session of the have already been put in and an assessment of 5 per cent, paid & — United States Court at Atlanta, Gh., Mr. J. H. Fisher, of Brooklyn, in cash, for which new bonds were given at 7 per cent. This N. Y., and one of the largest bondholders of the road, was appoint- $400,000 has been spent in building 23 miles of road, making 123 ed receiver, vice Col. L. P. Grant, of Atlanta. in all. There is yet 40 miles to be built to complete the road to Fort Smith, and this must be done by July 1, 1876, to securetho St. Joscpll & Deurer City.—In the agreements for purchasing 200,000 acres balance of land grant, the company already having and reorganization of the Western Division, heretofore made by title to 800,000 acres. There has been authorized an issue of bondholders and dated July 1, 1374, and Sept. 1, 1375, a modifica- $3,000,000 7 per cent, bonds due in 1895,of which about $3,425,000 tion is proposed to avoid cash assessments, which is in the terms are on liand to complete the road, and of these bonds, which are following secured by the only mortgage on road and lands, the comp my " Tliat instead of a piv rata cash assessment npon the subscribing bondliold- lately oflered $1..500,000 for sale at auction in Boston, fixing 50 as crs for the amount of said necessary expenses of foreclosure sale and re-organ- tbo minimum bid to be received, at which they were all taken. ization, together with the ta.\e8 accrued, trustees' fees, expenses of purchasing committee, and any other sum or amount provided for by the decree of sale, Manhattan Kailway (Rapid Transit).—Pursuant to a notice to l)e paid in cash, such sum shall be made a preferred claim upon tlie jiroperty of the rc-orgariizod company, if tlic same be purchased and re-organized under given of liapid Transit, in accordance by the Commissiouers and the terms of the foregoing agreements, and this mudilication of the same, and with chapter 006, laws of 1875, a book of subscription to the capi- the Slid purchasing committee is liereby authorized to cause the new first tal stock of the company to be incorporated and known as the mortgage or deed of Irus' to provide for the securing the preference of so many of the Ijonds, commencing with No. 1, to be issued thereunder, as will repre- '• Manhattan Hallway Company" was opened Friday morning in sent the aforesaid amount at not I'-ss than ninety per cent of the par value of the Corn Exchange Bank, No. 13 William street. The amount of the said preferred bonds, and to issue the same to provide the money for the capital stock ia fixed at $3,0C0,000, divided in twenty thousand said purposes, the promiit payment of said preference bonds to bo secured, it deemed necessary, by sinliing fund." shares of $100 each. a In a short time all the stock was subscribed for, and, as required The above modification was suggested by Mr. C. W. Hassler. by the statute, five per cent of the whole amount, or $100,000, was who represents a considerable number of bondholders. subscribed in cash. This sum was deposited in the Corn Exchange St. Louis & Southeastern.—The agents of the European bond- Bank, to the credit of C. J. Canda, as treasurer of the commission. holders, Wertheim & Gompertz and J. W. Oewel, of Amsterdam, list subscribers includes twenty-six The of names, among which in an address to the bondholders, express dissatisfaction with the of Dows, F. Scott, are those David John Tracy, Wm. S. Jose F. company's proposals, and think them unacceptable tor holders of Navarro, Francis H. Tows, Milton Courtwrigbt, Alexander E. Orr bonds secured on the Illinois and Indiana lines. They say : and Mr. Sotolongo. " The company offers as a maximum for a period of 6} years to New York Providence & Boston.—The receipts for the year pay in cash $237 50 per $1,000, equal to half of the accruing in- terest, from May I, 1874, to November 1, 1880, in case it shall be ending Aug. 31, 1875, were $968,170; expenditures, $559,629 ; net earnings, $408,541. in position to earn this amount ; b-it should this not be the case, however, then the bondholders must wait longer. This proposi- Pacific Railroad of Missouri.—The Missouri Pacific Railroad tion of itself is already very disadvantageous to the holders of stockholders in the of the Atlantic met rooms & Pacific Railroad first mortgage bonds of the Illinois and Indiana divisions, because to hoar report from Company, a the conference committee already, in very bad times, enough is earned to meet the above appointed at previous meeting, the a upon subject of the present payments, and it is further wholly unacceptable, because it is financial difficulty of the company. The report was read, in coupled with the requirement that the bondholders shall convert • which the accounts of the since its company leate to the Atlantic the unpaid half of their coupons for OJ years, or $237 50 per & Pacific Company were stated as follows : $1,000 bond, into a kind of debenture of very doubtful value, Groes Operating Net even in the distant futuie. This is a treatment of the rights and E.trninss. Expenses. Earnings. demands of the first mortgage bondholders which cannot be suf- For six mos, ending Dec. 81, 1872. $1,9S8,4-J0 32 t!,3J17,5i5 51 $590,895 38 the chances of a better first to them." For year endin;? Dec. .31, 1873 .3,707,911 m i,305,225 93 1,40 !,7I.') 7li fered ; future belong For year ending Dec. 31, 1871 8,713.45J 83 3.561,561 97 1,451,888 96 To show that the propositions were too favorable to the Ken- For "anus, ending Sept. 3 J, 1375.. 2,104,321) 4« 1,450,650 77 65.3,775 65 tucky and Tennessee sections, they submit the receiver's report of receipts and expenses for T(.tal $11,454,14196 $7,354,866 21 $4,099,275 75 the eight months ending with June last, as follows: • The following are the disbursements for interest on the funded Gross Working Net debt, rentals and dividends; receipts. expenses. earnings. Deficit. St. Louis Division $413,111 03 $314,826 31 $98,8S« 69 $6,840 56 Tor six mouths ending Dec. 31, 137J $891,801 98 Kentucky Division 18',919 89 187,85186 65 03 For year ending Dec. 31, 1873 1,402,188 01 Tennessee Division 83,321 74 90,670 40 For year ending Dec. 31, 1874 1,41 ",1.39 92 nine For montlie ending Sept. 30, 1875 1,062,854 94 They propose to go on to foreclosure, unless better terms are - Total disbursements In transportation department ($1,050,000 offered. being in dividends to stockholders) $4,578,987 88 Total net receipts in transportation department 4,099,275 75 Vermont Central.—The $700,000 equipment bonds issued by the trustees in 1865 become due Nov. 1. The Chancery Court Deficiency $474,712 13 some time ago made an order authorizing the exchange of these n view of the many rumors prejudicial to the actions and bonds at par for those of the $3,500,000 income and extension intentions of the officers and directors of the company which have bonds of 1873, a sufficient amount of the latter being reserved to been current of late, the committee deem it just to state that they make the exchange. Notice is now given by the Treasurer of the find the directors have subscribed and paid for some $3,000,000 of Central Vermont Company that the bonds can be exchanged at the the various securities of the company within the last two years, Boston Safe Deposit & Trust Company's office in Boston, where believing, as they did and now do, (hftt the enterprise was a good the npw bonds have been deposited. - —; ) : October 30, 1876.J THE CHRONICLR 419 itUUblmcf" ImporMiauof Dry Oowb," "ImporU of Leading ArOoUi," $tmes. •• Btaiplt vf DomatUs Prrxiuot," and " Kxportt qf Ltaiing Anieta from Xtm ^l)c Commercial Tort, WW ie/ouHd on a ttidtipuiit page. commercTal epitome. COTTON. } ; Milsa saihrsos : Crop 1979, essis Psaasrlvaola, at nhsagi M TsWslBe«a>ptl iw.ast tl.7K . SltTt tTO.HI U4.aAt .... 7)«.: erop o< tan aad ISIS, IS eases CoaoMtiTot, at TitlSc ; rrop • TW Mpont iku wsak aSsr the ksas ot "oikw •arts'' iselsda tntroai BalUaiora of 1819, 180 easp* Wtscoasla. at Sf< with «]*• of 000 boh* UavaMt at 8e09t OB. Mgagiil for shlpoaal at that port, is aa lollows : For Liverpool, Th* basiaaso la • esaa freichu has aot bsoa as large as daring VfflSo bales; for Havrs, 20,000 bales: for Continent, 13,000 bales; for prsvlons, aad rale* bar* latterly shown weako'iM aud esaatwias porta, 3,000 bslas; total, 5IXXM> bales; which, if deducted dscllae, both lor berth aad charter room. Towarl tbe froM tbe stock, wonld leave SIJMO bales representing tbe wete iaiprovsiiiaat. engage- e, however, there dgos of Lais qoaatity at tbe Uadiag aad in pr ess as unsold or awaiting orders, J sta snd charters lodod* : To Livsrpool, by staaa. grain at From the foregoing statement It will Iw seen that, compared cheese, at 40b. cotton, at I'Vl. Bf#Od.; per ton; baooo, 35*.; 7 with the comspooding week of last season, there U an inereoM ' to London, by steam, to Cork, for orders, 'm. U I drain 8id.; da In tho nporta this wsek of 31,018 bales, while the stocks to-night do. to ti'afgow, Ss. Bd.; reused pstrotsam to(irD»a. OS. Id.; hsace 'I balas MOTS than tlisy were at this lime a year ago. 4a.Sd.psrbbl.aad£Se.lorcasss; eassoU lo I'stsDia, Palsraioor viag Is our usual table showing tin; movement of cotton gold. To-day. tbs toaa for berth wasatesdlor, alibnu«;b Me. rmm ^ porta from Sept. 1 to Oct. 23, the lateat m^l dales: little was done. Com to Liverpool, hy ataaai. 84d.; cotton, 7 -ISJ.; grain to Bristol, by steam. M. ; do. to Cork for ordsrs, Os. 3d.: do. iv,^ Coast' toQlasgow, .V 9d., aod flour at 3«. 7td; refined pstroleuiu to siaoa ssrr. 1. -f«mr Orsat OUer WiM Stock. Trieste, 3s. 1^; do. loOibrslter for orders, 4s. H4 do to I,id- riaae* Total. Port*. ir3. 1 tn«. Britain focsTa 4s. 7{ Layer raisins sell well at $3 SO per box ; curraata at 7e., and ths telegraphic flgaras, bscaoss In prsparing them it is always Turkish prunes at 8c. assssssry to Incorportits every oorrselion made at Ihs porta. : —. . . : : C 420 THE CHRONICJLE. [October SO, 1875. There has been for tbo past week a quiet but unsettled and The following exchange was made darin(; the week variable market for cotton on the spot. The leading intlnonce 7-32C. pd.to exch. 1,000 Dec. for Kov. was the "corner" for October, wliicU has caused the stock ou The following will show spot quotations and the closing prices bid for futures at the several dates hand to be lield, generally, uuicli above the views of buyers. named Exporters have been able to do very little, and spinners have HIDDLINe UPLaXDS—AMBUICAN OLABBIFIOATIOW. purchased only to supply pressing needs. There has been a FrI. Sat. Mon. Taos. Wed. Thnrs. Frl. Onjpot 14 3-16 •4 3-16 14X 145. 14X IIX IIX speculative demand to deliver on maturing contracts, and this October 14 9-32 14 3-16 14 11-32 14 »-16 14 9-16 II 19-82 14H November 13 17-32 :8X 13 15-32 13 5-16 13 11-32 13 9-32 IS 5-1 business has constituted an unusual proportion of the transac Uecember 13 5-18 18 7-3-i 13 J-32 13 3-32 1S« 13 3Si 18 8-32 January 13% 13 9-31 15 5-16 13 5-32 13W 13 5-3; 13 5-12 ions reported. To-day, the same conditions continued ; there February !8H 15 11-32 IS 13-3i 13 5-10 13"l-32 13 9-32 13 5-16 March 13 11-16 IS 19 32 13 19-Si 13 ;5-32 13 17-32 13 15-32 IS 15-32 was very little doing and prices remained nominally unchanged. April 1S« IS 23 32 13 25-3i 13X 13 11-18 ISX May H 1-16 13 31-32 13 15-16 13 13-16 13 %-32 13 excitement lias been exhibited, though 13K lS-18 For future delivery some Jane Hit 14 5-32 IIX 14 14 I 32 13 31-S8 14 Jaly 14 1S-3J 14 5-18 14 S-16 as last week. Tlie large receipts at the ports and 14X 14« not so much Angnst 14 13-3J 14 7-18 14 Vl6 14 W 11 5-16 14« Sales spot 1,620 957 659 1,115 inland towns and the rapidly accumulating stocks at all points, 1,013 6 5 Sales future... 31,(00 23,S011 2^800 2i,2J0 31,8110 40,600 34.200 have had a weakening effect on the October " corner," and have Gold USX 114 K 113 ii:h 115« ll«« l:6X Bxchange l.',7 t.:i 4.TI «.t;x 4.75X 4.74X 4.74 apparently caused that which was projected for November to be The Visible Supply op Cotton, as made up by cable and abandoned. But an intluence which has served to prevent ary telegraph, is as follows. The continental stocks are the figures material decline has been the feeling that the demand is equal to of last Saturday, but the totals for Great Britain and the afloat for the Continent are this week's returns, the prospective supply even if maximum estimates of the crop shall and consequently brought down to Thurwday evening; hence, to make the totals the be realized. The argument on the street is that goods are selling complete figures for to night (Oct. 29), we add the item of exports mar- in quantities that afford assurance that a large crop can be from the United States, including in it the exports of Friday only: keted without submitting to any reduction to prices current for 1875. 1874. 1873. 1373. the winter months. The highest figures of the week were paid Stock at Liverpool. 5S7.000 688,000 532,000 467,000 early yesterday; viz., 14 31-32c. for October, but it sold before the Stock at London 56,250 109,000 202,750 224,000 close at 14 15-32c., followed by some recovery. The weather has Total Great Britain stock 6l3,s:50 697.000 r31,.',70 691,000 been generally favorable for picking, and next week, when the Stock at Havre 196,750 145,000 8(1,750 23-2,000 Stock Marseillee 3,000 11,760 elections will be over, a better supply of labor may be expected. at 8,250 13,000 Stock at Barcelona 60,000 68,253 22. ")0 40,000 To-day, the excitement over October contracts was considerable, Stock at nambnrx 15,000 18,000 23,000 S6,000 and the price advanced to 14Jc. , but the "short interest" proved Stockat Bremen 80,000 36,250 30,750 35,000 rather less than was anticipated, many contracts having been Stock at Amsterdam 55,000 85,760 93,750 64,000 settled, and there was an early reaction, and the close was at Stock at Rotterdam 11.000 21,500 25,000 9,000 Stock at Antwerp 6,830 10,500 15,750 36,000 14 9-16c. The other months opened firmer, but fell off at the Stock at other continental port'. 9,000 22,000 37,000 45,000 . close. After 'Change there were sales at 14 9-16c. for October, Total continental ports 385,000 409,000 343,000 510,000 13 9-32c. for November, 13 l-16c. for December, 13Jc. for January, and 13 15-32c. for March. The total sales for forward Total Enropean stocks 1,028,250 1,106,000 1,077.750 1,201,00 India cotton afloat for Europe.. .. 210,000 202,000 151,000 193,090 delivery for the week are 175,800 bales, including free American cotton afloat for Europe 170,000 139,000 81,000 141,000 board. For Immediate delivery the total sales foot up on Egypt, Brazil, &c.,afloat for E'rope 39,000 63,000 57,000 66.000 this week 5,583 bales, including 405 for export, 3,199 for con- Stock in United States ports 405,827 378,628 216,660 278,620 sumption, 1,918 for speculation and in transit. Of the above, Stock in TJ. S. interior ports 53,842 60,162 65.669 43,-33T United exports day 12.000 283 bales were to arrive. The following are the closing quo- States to 32,000 8,000 10,000 tations : Total visible supply.. ..bale8.1,938,9U 1,946,790 1,692,279 1,931,017 Of the above, the totals of American and other descriptions are as foUowe: Claaslflcatlon. Uplandg. New New Alabama. Orleani. Tezaa American- Ordinary p«rlb. 12« »... 13!^ a.... lax a... a... Liverpool etocyi 210,000 149,000 98,000 36,000 Strict Ordinary viH a.... 12X ®.... lix ®.... ta.,. Good Ordinary 3M ®... 13J, ®,... a% @ ... Continental stocks 166,000 175,000 111,000 68,000 Strict Good Ordinary 14 13:^ ®.... 13X »... a... American afloat to Europe 170,000 139,000 91,000 141,00" LowMlddllnu u 1-16 a.... i: S-16 a.... 14 7-18 ®.... l"®... Strict Low Middling UK a.... ilH ®.... ux a.... United States stock 405.827 378,623 246,560 278.62" Uiddline \i% ®... 14H a.... iix ®.... United States interior stocks... , 5.3,842 60,162 55,669 43,390 Bood Mrddllne 14^ a... i<^ a.... 15 a.... Strict Good Middling NX a.... 5 a.... 15X a.... United States expoi ts lo-day 32,000 8,000 10,300 12,000 Middling Fair 15X a.... ir>« a.... 15J4 a.... Fair 16X ®.... 6x a.... i6X a.... Total American bales. 1,037,6(J9 909,790 612,529 579,017 8TA1XED. Good Ordinary 12H I Low Middling.. 13 9-18 S(ut Indian, Srazii, £e.— Strict Good Ordinary . , Middling ISHJ . 13X Liverpool stock 877,000 439,000 434.000 431,000 Below we srive the sales of spot and transit cotton and price of London stock 56,250 109,000 202,750 224,000 Continental stocks 219,000 234.000 832,000 Uplands at this market each day of the past week : 412,000 India afloat for Europe 210,000 20-2,000 154,000 193,000 Egypt, Brazil, &c., afloat 39,000 53,000 57,000 65,000 Now Con. Spec- Tran. Good Low Mld- "^ ClasslOcatlon. Bxp't. Bit. Ord'ry Ord'ry. Mldrg. dlln?. TotalKast India,&c 901,250 1,037.000 1,079,750 1,355.000 Saturday 300 is; 12 1-18 IS s-16 isx 11 a-l! Total American. .1,037,669 909,790 612.529 .579,017 Uonday 193 9W Via 13X 13 15-16 14 X rucaday 'ioi 6:3 4 a 1,145 ia% 14 1-16 U% Totalvislble supply. ...bales. 1,938,919 1,946,790 1,692,279 1,934,017 Wedneadaj.... 621 389 l.UiS 12X 13X 14 1-16 UH ^U iU 14 1-16 mnrsday "65 ua H% Price Middling Uplands, Liverp'l. 7d, V/,i. 8Jid. 10-loXd prlday 2,11 26a 6.:5 13X 14 1-16 ay. These figures indicate a decrease in the cotton in sight to-night Total 469 1,918 5.582 of 7,871 Viales as compared with the same date of 1874, an of 240,640 bales as compared with the corresponding date For forward delivery the sales (including free on board, increase 1873, and an increase of 4,903 bales as compired with 1872. have reached during the week 175.800 bales (all middling or on of the basis of middling), and the following is a statement of the At tuk Interioh Ports the movement—that is the receipts sales and prices and shipments for the week and stock to-night, and for the For October, bales. CtB. bales. eta. For May. corresponding week of 1874 is set out in detail in the bales. eta. 2U0,, .13 9-16 3.500 13 9.32 bales. eta. — foUowiug 1,000 14 3-32 700., ...MH 5.500 13 5-16 100 13 19-32 statement lua 14>« 4.600 13 11-3J 300 n\ 1,100 14 1S2 44,300 total Nor. 1,200 ISJt 1,400 IS 25-32 aoo MM 1.800 13 lS-3i 1,000 13 li-l. Week ending Oct. 29, 1875. Week ending Oct. 30, 1874. 600.; 14 9-Si For December. 2,100 13 71'i 1,200 IS2J-32 200 14 5-16 200 13 1-.12 200 nx Recelpts.|Shipments.| Stock. Receipts. SUipments. Stock. 100 .14 ll-fi 1.800 M 1-16 19.300 total Feb. 5C<) 18 15-16 W.0 14H 3,000 13 S-32 March. 400. 11 Augusta, Ga 9,932 3,492 14,345 10,712 11,1^92 10,9-29 «00 14 IS-S^ «,1U0 ISii For S.SOO. 13 7-16 Columbus, Ga 2,381 1,100 4,6.50 3,424 2,185 4,706 1,300 14 116 1.400 13 SXi 9,lOO total Hay. 2.600 13 15-32 3,091 2,711 100 14 15-32 1,300 13 3-16 Macon, Ga 3.376 1,993 4,213 4,640 3,3U) IS« 900 14S soil 13 7-3i Montgomery, Ala . 4,317 3,270 4,662 3.7o2 3,1 '8 4.981 100 IS n-3i For June. 1,600 14 1732 3,300 I9i4 Selma. Ali 4,500 4,200 6,549 3,777 3,2.->l 3,522 800 13 9-18 1310 14 9-16 1,500 IS 5-16 2,800., 14 Memphis, Tenn 19,7.39 15,942 19,380 14,122 13,006 24,698 900 18 19-32 4,i00 U% 500 13 11-32 600., ..14 1-32 SOO 13K Nashville, Tenn 703 1,050 1,143 1.670 1,:J99 5,686 2,300 14 iltU 2.200 13 13-82 100.. ..14 1-16 100 1321-32 730 14 U-16 100., ..14 5-32 100 13 13-16 old ports 44,978 63,842 40,658 1,500 14 2J-32 21,800 total Deo. Total, 31,047 86,782 60,162 1,400 14;^ For January. 3,600 total June. I 17,100 total March. Shreveport, La 2.647 1,816 5,819 2.698 2.017 S.200. 2.986 20,200 total Oct. For ApiU. For July. Vicksburg, Miss.. 1,822 1,785 1,956 1.11,8 1,065 6.aoo 1 : 5-32 989 i.sai 13 :9-3'J 5,800 -.3 3-16 400 Colnmba?, Miss... 992 213 1,669 1,060 87; 391 For November. 2,1 flO \3% UW 1,60 13 7-32 14 Enfaula, Ala 2.146 1,708 2.157 974 854 1,206 too 13 7-82 1.61I9 13 21-31 1,20 5-S 1,'iUO W), 1,100 3-16 Atlanta, Ga 3,905 3.778 2,486 3,144 8.SHJ0. 13 11-16 14 3,615 1,903 13J< 5.400 13 9-3J 1,100 11,900 13 9-82 1.100 t3 23-:a Charlotte, N. C 1,985 2,049 4S6 1,217 1,109 307 i,iM 13 5-16 2,700 total July. 3,700 IS 5-16 900 St. Louis, Mo.. . 7,206 6,082 4,438 6,769 6,217 10.615 300 13 11-32 !SX 400 13 11-52 700 13 25-:.2 2,727 .3,931 SOO 18 7-16 Cincinnati, O 5,403 5,065 2,649 6,231 8.600 13X 100 18 13-16 For August. 9,«00 iS-32 13 31,100 total Jan. iOll 13 27-32 1,000 IIV Total, new ports 86,106 21,496 21,728 90,961 17,428 24,668 t.iUO 13 7-16 600 '..11 lOO 14 uSi leo 13 15-32 For February. Total, all.... 71,084 6-1,548 75,570 I 61,519 61.210 84lio m 18 17-82 SOU Uii VOO total April, 1,100 total Ang, . : - October 80, 1875.] THE CHRON^ICLE. '21 The above IoUIb (bow that the old Interior stocks have inertated rainfall reaching nineteen hundredths of an inch. The rest of d urine the week iajB31 bales, and are to-night 6.320 bales Uu the week has been pleasant, the theruioiiieter running up to 78 than at the same period last rear. The r«oeipU hare been 4,420 and down to 48, averaging 65. bales si0r« than the same week last year. CtiuwUmt, Georgia. —We have had no rain during the week paat. The thermometer has ranged from 40 to 70. averaging 63. BOMBAT SairMKirrs —According to oareable despatch reoeived Sawamuth, Georgia.—The weather thia week haa l>een warm to-uay, there have been no bales ahipped from Bombay to and dry. The thermometer has averaged 66, the highest was 80, bales to the Contiaaat; Great Britain the past week, and no and the lowest 49. the receipts at Bombay darini; the same time hare been while Auffutta. Georgia.—Thn weather during the past week haa bales. movement sinca the 1*1 of January is as follows S.OOO The been pleasant, with a light rain on one day to the extent of Nicol Co.. of Bombay, and are ThsM are the fignies of W. & fourteen hundredths of an inch. Accountu are unchanged, and brouKht down to Thnrsday, Oct. 2S : the crop is being marketed freely. Average thermometer 61, 1-. nscelpti. ^jmsa*auikU*Mk-> r-Sblpmrati •IBC* Jsa. . — higheat 81 and lowest ermi Cos- er«*t tea- TkU Slaec 42. Bftuta. tUsat. Toui. Bnuia. UsmU Total, vrck. ju. i. UkaHmUm, South Carolina.—There has been no rainfall tliia Ttl.OCO ««.000 U«.QaO «.08O l.«S.O0O 18T8 week. The thermometer has been up to 80 and duwu to HI, IC7I TJ»,000 S71,0M M*).OaO «,00O MISJW) (.ooo averaging 6.'>. ira 1.000 .. . 1.000 stnjn) «n.(NO mooo yH.ooo From the foregoing it woald appear that, eomparvd with last The following statement we have also received by telegraph year, there is an iii«r«a«« of bales this year in the week's showing tl>e height ot the rivers at the points named at 3 o'clock ahipiMata bom Bombay to Europe, and that the total movvment Oct. 98l We give last year's figures (Oct. 30, 1874) for com- sines January 1 shows an inertate in shipments of 23,000 bales compared with the eor responding period of 1874. ^Oct. 28. 15-^ ^Oct so, '74.-, Feet. Inch. Feel. lucn. Wkathkr Kkfokt* bt I'Ki.iaB * PH.—Oar ulagnms to- New Oriaass..IMowhl|rl>-wster mark IS 8 U I night indicate that the weather has been generally very farorablf M—phts A IWTe law-water marie I t S Naakvin*.....AI>oTe low-water mark t S t for the in-gathering and marketing of the crop. Bnt little rain Shi evipott AtwTe low-waier mark TO 9 11 has fallen and in most sections the temperature ^haa been above Y>ckSlwii....AboT«low-waicr mark 10 ! • 6 8 the average for this period of the year. New Orleans reported below high-water mark of 1871 until OmhmUm, SVaa*.—Kzeellrat progress is being wads in picking. Sept. 9, 1874, whrn the xero of gauge was changed to high-water mark of April 15 and 16, 1874, which is 6-lOths of a foot above The crop is taming out well and being marketed fnelr. There 1371. or 16 feat above low-water mark at that point. are freight gluts at all the interior depots. The storm hart the GinncT lUoB, Baooino, kc. —The market for bagging during bottom crop badly only on the eoaat, and not as maeh there as tha paat weak has remained quiet and prices have ruled slightly waa Mpeetad. Everywhere the middle crop, which is now safe, in bayata' favor. Sal«a are reported of aeveral hundred rolls at fifana raagiag from cash, market closing la prorlng Tery abondant ; and with lata feeat and n good picking 12^12^ quiet at these qaalaliaaa. Balea are in amall demand and prices are nominal ssanon the top crop will also be exeatlent. We have had two >ttMN^ for India, and 13c. tor Borneo. Baga are dull and days this weak oa which we had slight ihowara, Ika miafall valaas are wholly nominal at ISeiSle. for 4«)a. Butts have twenty being -eev— haadradlhs of an inch. Tho thormometer mlad qoiet jlaring the week, bat prioea are more firmly held : haa aTtnged 74. the highest being 81 and the loweai balag 81. mlaa are reported of 800(^1.000 balea at 8 eeoU, time, and at tha eloae holders are firm at 3 15-16e. cash, and 3 cents, time. AdtoJMla. 7«aB«.—The weather this woek has bean rather warm for thai ana, bat favorable for picking and mnrfcetlog TwMMMan AXD Airra-WAR Prioes.—Mnch interest and soma thaerapi Tha damage to eotlon from tka atorm waa grant, but aaiprias haa been expraasod at the statements In the extract Maaars. W. C. Watta k. Co.'a Circular, which Mk Mfam la wawlfsal ! Iha eao^ Wa had rain on one twm we gave last day this we^, a mere drixale, tha minflftn haiag oaly oae-hun- woak oa this sabject. We eon«eqaently applied to an old mer- dredth of an Inch. The thxrmomatar kaa nrwagad 78, the high ehaat, who has been engaged in the export trade from 1838 down eat being 88 and the lowaat CS. ward, to look Into the subject tor as. He haa done so, and the fallawlag latetaatlng eommunlcatioa is the result Ctnttanm , Thaas.—Tha la-gntbarlag of the crop la proceeding' nely. bat it is dUBenIt la plekinx to Keep nue with the openioi; October 88, 1875. eotloa, as it is opening so rapidly. With a late frost the crop JTMra. JSWara ; will be lariTP. TVpnt arrumolatlona are heavy. We had a I haea looked lato the matter of change In the Liverpool Stand drizillDir rain on onu day tliia we^k, bat tha ralafall waa nnir •id ol CtaaatSaatlon aiaca " flflaen or twenty years ago," as pre- two.baadi«dths of an inch. Tha thatmowatsr haa aToinged 07, aaaladlajroar qaotatioo from Measrs. W. C. Watta 4 Co.'a Cir- tha Ughaat baiac 88 aad tha lowest 47. cakr. The abaenoe of " fair." " good fair," and " good and fine" Hmt Orisaaa. Lmriwtm»m. Thaw haa baaa no rata kata dnrinK froai tha Liverpool qaolattoos In recent years haji the same ex- the week, and picking la progisastag Inaly. Tha thanoometer ptoa«tloa aa the relueed production of all ihfl belter grades, haa averaged 88. "MdUag" aad upward, in their properiioa of the crops since 6>r«»iysr«, Ziwrfifwu.—The weather the pant weak haa been, tha war. In old times tha priportion of the better to the po >rer oa aa average, fair. Mooday was rainr. the rainfall oa that dar giadea was widely vsriable from year to year, according to the thrastaetha of aa laeh. Tha laeatpu of eottoo hav- weather at the mataring and picking season. But the chief off aboat hall Avaraga IhaimoMSUr. 87; higheet, %\, aaaaa of the averag* redaction of toe higher grades since •ad lowaat. 48. tha war is well known to be the change In the labor ayitem. yUlu/ivrg. MUHmipfti —There was one rainy day here the paat Tha old control aad saparvlsloa of picking and preparation weak, the raiDfall rcacliing forty-three haodredths of an locli. for market Is gone. It was a point of pride aa well as of interest Avaraga thermoaietar, 84 : highest. 79, and lowaat, 49. to tho old planters formerly to select the choice pickings, and to lawtai, JfiMiiiiW.—The weather tha paal weak haa been gia aad pack them Be|iarately from the poorer portion of the aaddiy. Piekfag haa baaa iatarfnad with hj tha election crop. In neeot years earelalnees has been the exception. iHBMt. Tha i h s i mu mH iii haa amagod 88, tha «Ktremeii Hsaes the mixing of grades in the gin-boose and the general Wag|ra8aad8S.81 lowvftag of grade, besides such unfavorable or deteriorating UUU Btek. vlrJbraMa.—Oar telegram from thia point has aaadMoaa of weather as have oeearrsd, and the Inability of large (hlled to reach as. pISBlaM to control enough Ubor to pick the opening cotton in its JfasMBs, Tbaaassr/ M oa one day the past wf ek, the baalalala. There ia no ur'>i-»r parallel bstween the classification rainfall reaching twn ladrsdlha of an Inch. The th Jfiay^M. naaattts.— with tho axaaf«loa of oaa lainy day, on arbitrary and nallke. Tlila appear* in the fact that "good fair" wUdi tha lalafldi reached sixty-two haadradths of an inch, the lamt cotton Is no higher In grade, aa eatabllalied by cleanliness past weak haa haea plaaaaat. Ptakiaf eoattanea to be interf moawter. 81 ; higheat 71 and loweai 48. ahaaga in tha dasaificallon ol Cotton in our own markets ; but It MMk, .dlakaoM.—There haa beaa ao lala all tha waek ontil waa ny running a new classification alongside the old one. The to-day. whaa It waa shoyery. PleUag la maklag Saa prograMi, latter was used chiefly for the home trade, buying for the New eotloa la hatag a>arkal«l Irsaly. called " Factory Classification." aa£ ATaraga thanaomater, S4 ; Eavlaad mills, and was tha Its highaat 77 and lowest 48. iidliair was the eqiuvalent of good middling of the old or Motiilo, Mtmlt$m»rg , Alakam*.—Vf» had a alight showar on one day Ufarpool classification. Tat at New Orleans, Savannah, af thIa week, bat tha rainfall was '^g^UriM Avataoe ther- Ckarlaeton, Ac, the old one was preserved and by it ("assimi- momatar. 8> ; highaat 78 and lowest 44. lated to that of Liverpool ") the current quotations were dally iMma, JWawii.—We have had no rain daring tha past week made. aatn today, whaa there waa a rainfall of four handredths uf an It la poasible that there may have been a gradual and im per- PIniaf iaprogmsaliig finely. ceptible change in the Liverpool standard between the decade -There haa been ao rain thia week; the lSOI-1860 and the decade 1888-1875. If so iu degree is small, weather haa baaa fiaa for picking cotton, and the crop Is uang aad oif the old merchants who have consigaed cotton to Liver- gathered aad marketed vary fast. Avarago thanaometer 65. pool In both periods, probablv not one could decide whether the highaat 70, aad lawaat 88. Aange was to raise or to lower the standard, comparing the Matan, Oseryio.—Tha weather tha past week haa haeo favor Brolur^ taluatioiu with their own samples, abi» for picking, which haa been going on finely. There was no la past years a wide difference has appeared In our own rainfall The thermooMar haa arangad 89, the extremes being" markets between the clas^incation of October and that of June, 38 and 77. daa to the greater proportion of the better grailes ofTering in the AUm^U, ffaaripis—There waa only oaa day on which we had aarllar than In Iba later months of tha season. One object of the lala haia daring tha weak past, and that waa only a shower, tha Valiooal Cotton Esehaaga la kdopUog tha new Amerieao : 422 'THE CHRONICLE. [October 30, 1876. standard was to seoare one that should be uniform and constant IHitures. Dec-Jan. shipment from Sav. or Chai., Low Mid. clause, by sail, U in price in all at all seasons. Variations in value find expression r(!quired, 6%d. the Amerion markets. At Liverpool these are eipressed partly Jan.-Feb. shipments from Sav. or Chas., Low Mid. clause, by sail, if in price and partly in classification by brokers —the cotton arriv- required. 7d. Oct.-Nov. shipment from Sav. or Chas., Low Mid. clause, 6 13-16d. lower than its ing upon a dull and falling market being graded Feb.-March delivery from Sav. or chas.. Low Mid. clanse, 6%a. duplicate arriving upon an active and rising market. This char- Wedkesday.—Oct.-Nov. shipment from Sav. or Chas., Low Mid clause, 6 J Total 17b,14j Total to at. Britain 11,501 7,046 6,547 63,1)74 Stock at United States ports, Sept. 1 71,413 Havre 36« 398 2,561 Receipts at ports during Sept 166,780 Other French porta. 2.38,1.33 total Frencb.. 264 681 2,661 Foreign exports 2.1,3'27 Stock at United States portt, Sept. 30 158,027— 179,354 Bremen and Hanover. 1,:333 1,352 1,09? 1,123 5,995 3,160 Hamburg 500 1,110 550 729 3,039 2,603 58,779 Other ports 907 1,533 1,720 6,097 SO Cotton In transit between delivery ports, Sept. 30 22,470 Total to N. Europe, 3,359 3,225 3,57J 15,121 5,813 Taken by spinners from ports during Sept 36,309 Shipments overland to mills direct 7,456 Spaln,Oporto&Gibraltar&c 10 356 All others 350 Total taken for Northern consumption 43,765 Total Spain, &c... S50 .350 10 The committee on crop (which is composed of Mr. John B' Lafitte, iJhairman, A. H. May, D. A. Given, Perry Nugent and Grand Total 13,59S 1 1.0.50 10,660 10,469 6:3,094 7I,9.'8 Harrison Watts) state that the work of preparing the September movement has been performed by Mr. Buck, the Secretary, and The following are tlie receipts of cotton at New York, Boston, '75: further that they have adopted such measures as will hertafter Philadelphia and Baltimore for the last week, and since Sept. 1, insure a prompt and accurate report for each month. HEW TOBK. BoaTOR. PHILADELP'IA BALTIMORE. Liverpool, Oct. 29.-4 P. M.—By Cable from Liverpool.— BEOE'TSFROM- Since This Since This Since The market has ruled steady to-day. Sales of the day werel3,000 This Since This week. Sept 1. week. Septl. week. Sept.l- week. Sept.'. bales, of which 2,000 bales were for export and speculation. Of to-day's sales 8,000 bales were American. The weekly move- New Orleans.. 5,426 24,562 ... Texas 2,453 20,614 ment is given as follows : Savannah 6,081 22,989 l,6il 2;679 '738 41263 '578 6,139 Oct. 8. Oct. 15. Oct. 92. Oct. 29. Mobile Sales of the week bales. 86.000 105,000 57,000 61 ('00 '464 Forwarded Florida l',3iii 4.000 3,000 3,000 4,000 S'th Carolina 4,979 21,873 '394 8,426 of which exporters took 14,000 15,000 8,000 7 ODO S'th Carolina, 4,t-ll 550 2,169 of which speculators took 10,387i 6,000 15,0(10 4,000 2 000 Virginia 15,287 48,424 l',47ti 7,530 2,8C0 9,161 .Total stock] Acu^l,-^^.^ 669.000 611,000 6S2,000 Dsf.OOO North'rn Ports 2,196 2,900 2,579 10,091 '701 '171 '782 Tennessee, &c 5,238 11,760 1,308 3,994 i','ro7 of Which American ^et.aa|;-,/B4,000 252,000 235.000 210;000 Foreign 296 I Total Import of the week 41.000 4:l',0(i0 S8,b()b 81,000 roWl this year 45,934 165,266 6,374 24,294 1,43s 6,000 4,498 20,«S7 of which American 7,000 1-3,000 14,000 14.000 Actnal export 11,000 7,000 13,000 14,000 Total last year 38.141 180,501 6,741 80,9)0 2,579 8.651 1 4,86S| 15,519 Amounlafloat 23;,000 239,000 239,000 2no"0 of which American 33,000 48.000 57.000 8.^,000 Shipping News.—The exports of cotton from the United The following table will show the daily closing prices of cotton for the week: States the past week, as per latest mail returns, have reached 51,183 bales. So far as the Southern ports are concerned, these Spot. Satnr. Mon. Taes. Wednes. Thurs. FrI. Mid. Uplds.. .®1 l-ia ..@7 .-@7 ..@7 ..@7 ..@7 are the same exports reported by telegraph, and published in do Orleans. ..®7 5-16 .-@7X ..®7K ..@7}f ..ma --@7)»- The Chronicle last Friday, except Galveston, and the flgure.-* Mitures. for that port are the exports for two weeks back. With regard Satokdat—Dec-Jan. shipment from Sav. or Chas., Low Mid. clause, by sail. If required, 7d. to New York, we lnclu(ie the manifests of all vessels cleared up Nov.-Dec. shipment from Sav. or Chas., Low Mid. clause, by sail, if to Wednesday night of tliis week. ,' required, 6 15-16d. •" ' Total balrs. Monday.—Nov.-Dec. shipments from Sav., Low Mid. clause, by sail, if re- NewTouk—To Liverpool, per steamers The Queen, 2.276. ..City of quired, 6 15-I6d. Chester. 1,679. ...Abyssinia, 603 ...Germanic, 1,989 6,547 Jau.-Peb. shipment from Sav. or Chas., Low Mid. clause, by sail, if To Bremen, per steamer Main, 1,123 1,123 required, 7d. bid. To Hamburg, per ste&nier Elopstock, 729 729 Tcesdat.-Oct.-Nov. delivery from Sav. or Chas., Low Mid. cl.inse, 6>id. To Antwerp, per steamer C. F. Funch, 400 400 Dec-Jan. delivery from Sav. or Chas., Low Mid. clanse, 8 13-16d. To Amsterdam, per bark Panl, 1,.320 1,320 Feb.-March delivery from Sav. or Chas., Low Mid. clause, 6Jid. To Genoa, per bark C. L. Tyler, 350 350 Nov.-Dec. Bhipmenta from Sav. or Chas., Low Mid. clause, by sail. If New Obleans—To Liverpool, per steamers Vanguard, 3,S12 ...Chilian, required 6?id. 5,039 : > : : M« a . — : —1 tob.r 3u, 1875 THE CHK0N1C5LK 4.^8 To Barcclosa. DC twrk Ani^l*. I.OeO 1,05* To 0 Koarii^ . ".'I. per tlamera artba, S41....LordClire, l^MS »^ |1 38 for prime new red and amber Winter, $1 43(^1 51^ for new Piuui.>..<^»..-..>UT Inclade«l in th - bove 41* t-* a e fr>MB Ntw Yi^rk. 7t9 baJaa to Hambartr, sail misad Western was advanced on Wednesday to 73 •"•'' '•» cent, better ' CaLTtrr. •» . r-r BililiB"'- Coartaatoa, OcL tt, parted • Hoc, 4 per than last October, but among the trade tb abirbcaaaed ber |. with the atHMalllp )latfnpoll>, condition is generally believed to be inferior—not well ripened aiHi k' tL . — . Rj« has been dull, drooping, and aosettled, aniler tlie coneld Oottoo f r« iruu tb« itaat weak h«r« baaa •• lolloirt •ikbU mpplies which are coming forward. Barley, at I.— —« .—Uavra.— now some Siaaa. 'tell. ItalL Waarn. daeilao ta th» lower qualities, has been more acti v, several boat d. d. c. c •ataidar... t-lt# o( Canadian having sold at $1 13<(f|l 18. Canada peas have Moaday.... 7-^«Sl-'ei». Taaxiay. T-l'<» »-i« wra active at fl 03 to arrive, in bond. Wedn<^U} Oati have been without important change, bat yesterday • T l*S PrIdajt : lb|t brisk specalative demand sprang up, wItU large sales at Hi^me. Marktt •ua . arai.da T Wblte Aa m.T>0 t»t« BT.ns 106. 1 m tlv r^alHaa. »*aa IS Tie SMH atvhi •saHkara ablpp'c estras. I Barley—Waaters Btn«iaa.A« l«.l«0 HA» M^tlt lt.4T» Ipsdoar, aaperiaa I Canada Weal... .. W. fadU. *«. Lkse ia,na Cetaaaal— weeiern. Mt. Bute . ;adta *r. 1MB •MM i«4.T»l gni.oon •aal— Rr'vlne. Ac 4 «# 4 10 1 Pea*- Canada The lanvvment to breadatuS* at this market has boon aa fol- TM*I. .«•,»> «5!E» fip.ti: UMn run lows: The followiaKatatemoni allows the saleoand Imports ol oo«i.-« — ausiFiaaT aa* roaa. — axmaTt ran* aaw roac— lor . the «eek and year, and alao tbe stocks tut *kaa ToUl m.m i,ni.«iB I.ISI.ait Mt,««a «5.on 8I,ISI BRE AD8TUFF8. ntevtoa* weak lta.77» LTBI.OSt 87T.08J M«.gaB •4«,in I7,MT Faioav. c. M OetxBar II. 1I7J. OatTae|>'B| weak.Tt leo.oii t.ost,iv7 IPII, 424 THE OHRONlCLPl [October 30, l875. Shipments op Flour AND QRA.IN from lake porta for the last carpet warps, and domestic twines, although transactions were foar weeki and from Jan,, 1 to Oct. 83, inclusive, for four years individually light. Print cloiha were more freely taken by Flour, Wheat, Com, Oa;,a, Barlej, Rjre, bblc. bash. hoBb. bnsh. both. bimb printers, and sales to a considerable apgre»aie amount were 1M.4TO 778,079 4J,5-JS Ott.niS 2.&91,365 685.480 gl,SS6 effected at 4J@44c. for standard and extra 04x64 cloihp. Prints Oct. 18. '75 1«,488 i,i»lMl 768.746 74.M5y 147 fi56 3!),.'IOa Oct. 9. "75 14&,690 1,999,381 1,069,884 38 WBBK BXDINO OCT. 23, 1875. AND FROM JAN. 1 TO OCT. 33 : movement in domestic woolens, and sales of heavy weights were Flonr, Wheat, Corn, Oats, Bariey, Rye, checked by the mild weather which prevailed, which also had a At- bbls. bnsh. baeb. bash. hu^h. bush depressing influence U|>on flannels and blankets Beavers New York m,9« 1,142,854 499,114 478,557 416, .539 3,000 were Boaton 45,9-25 4,885 105.008 114,745 18.516 600 in good demand for both clothing and cloaking purposes, and the Portland 8,550 80,400 3.5U0 2,500 Hontreal 40,080 5i7;673 58,3^8 3,093 9,100 supply in agents' hands has been essentially diminished. Fancy Philadelphia 13,280 153,600 74,800 116,200 148,000 1,700 cassimeres were quiet and sel-ciiona were made in lots, Baltimore a4,Ml 54,000 34,500 71,800 1,000 small NewOrleana 80,513 3,390 S8,37J except in the case of Harris' Kprlog weights a large line of which Total 880,884 1,881,818 804.840 8W,887 59t,f.85 6,300 was closed out at low fijjures to a promim-nt cloth jobbing firm. Prerloneweek 810,389 1,649,031 1,078,880 59H,S84 481,260 13,561 Worsted coatings were fairly active in both liaht and heaTy Oor. week'74 390.894 1,818,.301 64«,8;0 597,169 277,182 18,-358 And 65,638 bash. Peas at Montreal. weights. Jeans and natioets remained quiet and cloths and TotalJan. 1 to date. 7.498,876 48,848.808 48,859,863 15,693,789 4,066,985 3M,mi« doeakins were in light demand. R-pellents showed an improve- Same time 1874 8,615,515 58,968,888 45,565,076 18,673,909 1,626,6«S Si, 461 Same time 1873 7,610,683 94,084,011 41,868,817 18,907,775 1,989.581 1(104,4110 ment alike in price and demand and some lavorite makes of blues Same time 1872 5,816,880 17,104,755 63,890,054 18,958,965 2,823,61'J 4:0,539 and fancies were subjected to an advance of from 12^(315 percent. THK Vi.SIUI,B SUITLY OF (iRAiN, includio); stocke in the Flannels moved in small quantities at current prices which have granary at tho principal points uf accumulation at lake ani^ been strengthened by *he late auction sale of these goods ; but seaboard ports, in transit on tlie lakes, the New York canals and by rail, Oct. 28,1875: blankets lacked aciivity. Dress goods, skirts and shawls were in Wheat, Com, Oats, Barley, Rye, steady request. bush. bash. bnsh. bush. bush. In store at New York 2,557,«6T 1,688.726 554,595 6').008 19.188 Foreign Dry Goods.—So tar as importers are concerned, the Id store at Albany 22 100 10,500 91,500 IftJ.OOO 4,400 bulk of the Fall trade has been accomplished, and their repre In stoi e at BalTalo 428,768 : 24,646 114,7S6 5,041 In store at Chicago 998,688 1,344,481 431,381 309,174 117,489 sentatives have left ior the European markets in order to make In store at Milwaukee... 5SO,709 27,127 88,748 87,914 87,187 In store at Daluth 15(,538 preparations for the coming season. Business has been light In store at Toledo 7«,a)i 251,201 269,688 81,017 3',.5.37 throughout the week, but values have been fairly maintained, In store at Detroit 418,275 3,654 35,223 29,151 411 In store at Oswego* 130,00(r 40,000 80.000 30,000 7,500 although concessions have been freely offered on costly fancy In store at St. Louis 548,570 52,169 139,553 118,686 16,461 In store at Peorin 11,970 167,936 125,310 1,847 67,985 dress fabrics which cannot saf-Iy be carried over to another sea- In store fli Boston...... 26,805 95,090 193.084 2;),8.38 399 son. Cashmeres, merinos and drap d'e'e have been in fait In store at Toronto 286,019 1,378 8,675 265.:185 301 In store at Montreal 227,568 32,168 5,411 15.686 request and firm, and black and colored drcsj silks have moved In store at Philadelphia'. 235,000 215,000 75.000 23,500 3.506 In store at Baltimore* 59,845 182,479 65.000 18.000 4,500 steadily. Silk and cotton velvets have been mure active and lAke shipments 2,080,852 642,781 8ft3,a59 5,903 17,120 there has been a moderate distribution of bonnet and sash rib- Rail shipments 510,133 130,348 388,371 55,483 25.103 On New York canals 1,444,720 608,325 848,803 294,557 16.700 bons. Linen goods remained qnt>:t and there was no movement Total .11.488,408 5,606,909 3,140,085 1,474,680 381,919 of importance in white goods or laces. Shawls were distributed Oct. 16. 1875 .11.839,159 5,838,068 8,781,059 1,861,617 315,102 in fair amounts through the auction rooms, including a line of Oct 24, 1874 ..10,826,719 4,945.795 2,864,246 1,495,440 814,335 " Bideau " Paris broclie makes which realized tolerably satis- * Estimated. factory prices. Woolen goods were sluggish in Importers' handa> but more active with cloth jobbers. rsE DAY anoDs trade. NVe annex prices ol a few articles of domestic .nanufacture .Salt raiDAT. p. M., Oct. 29, 1875. Cotton Duck. Woodberry and Druid No. Ontario and Woodberry The trade movement this week has been slujygish with manu.' 8 25 Mills and Pleetwing. No. 9 24 USA SWndard 2SJi in. facturera' af^ents and importers, and business in the aggregate No.0 40 No. 10 22 do 8oz. 20 No,l 88 do 9 oz. 32 amount light. We have had too mild weather for the prosecu No.2 36 Light duck- do 10 uz. 24 34 Bear oz.) tion of an active retail movement in Fall goods, hence, the jobbing No.3 (8 29 in.. 17 do 12 oz. 29 No,4 38 do heavy (9 oz.)... 30 do 15 oz. 36 branches were generally quiet, and jobbers' transactions were No.5 SO Mont. Ravens 29in. 19 Ontario Twl8,29in. 21 No. 6 28 do 401n. 28 do 36in. 28 filling chiefly restricted to orders from the in:erior which came No. 7 26 Kx twl8"Polhem'B" It forward in fair numbers from the West and South. There lias Base. been more inquiry for Cotton goods for export, stimulated by the American 23 50 Ontario A 27 00 Stark A 27 00 Amoskeag 24 50 do B 3) 00 do C 3 bnsh 39 00 low prices now ruling in this market, and a few transactions of Bzcelsior 27 00 do C St DO do ii< bush 31 00 Lewiston. 25 00 Powhattan A. 25 PhilaA SO an experimental character were reported. That cotton goods and 00 00 Franklinville. 24 00 do B.. 85 00 do P.. 35 00 calicoes are cheap beyond all precedent admits of no doubt, and Montaup 85 00 do C 40 00 do U. 4U 00 Gianger 25 00 Atlantic 23 CO Casco 87 00 the present timo appears favorable for the development of an Denlnia, export trade to countries which have lately been supplied by Amoskeag. .... 20 Cordis XX brn I ax Thorndike A.. 10^ Great Britain, and which could be readily taught the superiority do B.... 15 do X brn 11>4 Uncasv'e DCA. 14 Boston 9 Everett 20 York 20 productions over the trashy manufactures of American shipped by Beaver Cr.AA. 16Vi Lewiston 20 Warren AXA., 16 England to all parts of the globe. The print market has con- do BB. 13X Otis AXA 16 do BB.... It do CC. ll>i do BB 14 do CC. .. 12 tinued in a demoralize! condition, and H. B. Claflin & Co. closed Carlton do CC . . 12 Gold Medal... 10 Oolnmb'n h'ybro 18 Pearl River . . 19 Haymaker 10 out a line of some 1,500 cases Sprague's and Garner's light fancy do XXX brn 17 Palmer 10 standard prints at the unprecedentedly low figure of 5j cents Checka. which ia considerably below ante-bellum prices. A line of 200 Caledonia,No.7. 12)i|Far.&Min.No. 10 32 Union M. No. SO 17-18 12 do No.8.. 14 I ParkMlll8,No.50 H . do No. 70 cases domestic felt skirts was disposed of at auction where they do No9.. 16 do No. 60 Wi do N". 80 18 No. 10 18 70 !H iio No 90 14 realized excellent prices. do I do No. do No. rO 19 do No. 80 do No 960 16 I nx Min, No. 5 12 do No. 90 19 do N'>. --(lO 16 DoMKBTic Cotton Goods.—There has been a steady but )im Ikir.& I do No. 6 14 do No.lfO 21 do No. 700 14 I ited demand for package lots of the most staple productions, No. 7 16 UnionMillH.Nu.l8 15 Prodigy 15 do I do No. 8 18 do No. 20 17 Lewiston A 12^ which have been held with comparative firmness in view of the I do No. 9 19 reduced supply in first hands. A break is to be noted in fine Strlpoa; bleached shirtings— which have been held relatively too high Amerlcnn 10-11 Everett heavy.. 17 Thorndike A.... 14 Amoskeag 13-14 HamiUon ... 13-14 do B.... 13 and New York Mills, Wamsutta, Utica, Nonpareil and Fruit of do fancy 14 Lew'n AA.Chev. 13 TJncasville A.. . 10-11 Bates Cheviot.. 12^ CO A... 12 do UCA. 12-13 the Loom lOOs were reduced by agents to 14c. less a trade dis- Cordis awning 25-27X Ma9?ahe!l 4sa.iii 4t8.IK rreent advance. To-day, Pork advanced to 9^ '*>' Mess on the Total Sept.!.... TM.au Vix.m spot SDd for October, bat sold at $30 SO for all year. Lard was Tho exports for the week ending this evening reach a total of fereed np by ihe "corner" to 10e. for October, bat quoted at i:!|c bales, were to Great BriUin, l3,03d to for November and l^e. for Dcesaber. Othsr provisions were 97,831 of which 50,713 dull ard unsettled. Fraaev, and 3:),403 to rest of the Continent, while the stocks as Oofte kaa bean doll, and Rio dossd lowsr: fair to prime car- ap this evening are now 405,937 lialcs. Melow are the 1»4^M|«.. gold, with ths Tistbls Mmply for the I'nited and exports for the week, and also for the correspoudiug I iBOWSsd to anXMW bsgs. MIM gisdes are in large stock dsll. Rie* bas farther dcellDed andcr frvs reeeipta of wash of last season: MolissfS has been in i«lher better rraoest at firm Slock. priers. Tlis saspsasion of the order redadag tb* drawback on Ixportsd to Toul Saas Wsskssdt^ refined jogars bas been followed by a large bosioass in raws and this weak OcLM. isflnsd. at ilsadler prleta ; ialr to good reflnisg Cabs snd UTS. i«:4. 7|«i^, arllala.I'~**, a.nt. wedi. 1874. Bisadsrd cnahsd rsflaed I Ic Tbs awTsmsBt of tlis week has t7.tl6 I ss follows: XswOitasas M.ao IIU a.in •7.6(4 BosM. Bms. UtUio. ».tM B,tM 4,*N M.MR KMsMsassiws* ;m ajw tj 1.KT i.lM 11.1:4 U,»l 8slaspM(iMisk lUM I.OSl MM tHsS Oct. a, wn aUB rrija* lO.CIt sfBsaak i^MI Mil lUM toil Illilli Mjn Mask 0(t. m MM 1MH K • 4o,m Eeatoeky tobsceo hss besm Mors selivs at steady prirvs at Kswreik. "..!".' MR MM M14H hum n,Mi ihx T09|«L for logs aod lUtgiOe. for leaf ; the aales fur wp^k OMarpetta*- ... T.«» MM M.00( SMfcrsosd IfiBO bkdsi. of which BOO w*r« for etporl aod 250 wrre TmsI tMswsek. io,ni U.4M n.ni 7(.tlt 4IB.H7 >».«• tat soMmMMlo*. Bssd Isst has bs«« qaist sad priess ars without u.mliig aa low ae $5 70. but 7n " IM.M)I 1. 7^1. Ill mo.Mi 4,107 l(t,«00 Bl.ia la lbs eoaraa of an-i Tharaday the aalaa Ibr export .l.isi.744 i<,n.4.«M H.ilit l|i> in.r«',bio fttal Aar I todaU M 4'.wl 8«i.*ia aaMiiB* iin4... .1 «as,sio it.ia5.sis itii>i..'«t asiw,ii4 t.ut.in7 W/7.IT7 >S,00n ' aggregated t V^^t 40 f^rsuperflao, |8 78(»>.f 85 •awe ume 1971. . . .i.iM.m H.(m,7m ii,7.vi,xM 8,4i«,4M s ogr.no 70«,4M far dOBaoa aklpptng extra., and $« l.'kaffl 75 for fancy and lametl'ae irn.. I, IM,SI0 S',MT.»»4 11,148,171 a,IOS,US 4,lTii,aftS '04, US dMiaado. A lart of tbe basiocss was for sarly arrival, fbe • iMlaaaled. . : . , . . . :