New York, December 1, 1877. No 649

t HUNT'S MERCHANTS' MAGAZINE.

REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES

VOL. 25. NEW YORK, DECEMBER 1, 1877. NO 649.

Financial. Financial. Financial.

THE J. n. IIAAB. J. HENOSTLIB. 0. F. IDIDSMD.ICt THE Pacific National Bank Haar & Co., OF BOSTON. BANKERS AND BROKERS, 45 WALL STREET. National Bank-Note Co., This Bank, duly authorized by the Comptroller of the Currency, is now open for business at DEALERS IN SPECIE AND UNITED STATE* (INCORPORATED NOVEMBER, 1859.) SECURITIES. Buy and sell Stocks, Bonds, and Uold ROOM No. 2, III ALTO BUILDING, for cash or on margin. s.m cial attention paid to 0. posite the Post Office. 131 Devonshire St. orders for Investments. OFFICE, No. 1 STREET, ORDERS EXKCUTED AT THE PHILADELPHIA WALL, DIRECTORS: AND BOSTON STOCK EXCHANGES LboVaKD "Whitney, .In., linn of HolHngsworth & "Whitney. NEW YORK. G P. iR-nvv, firm of Brown, Steesc & Clarke. M. B. Tower, Marine contractor. & ]. Stuart 6c Co., ESOKATEna OP THB M.P.Spbixoer, firm of Springer Brothers. J. Edwin Kay, .Agent Connecticut Life Insurance Co. 33 NASSAU STREET. United States Bonds, Notes, Currency K. M. FoWi.E. firm of Fowle & Carroll. J. H. Sanborn, Merchants* Tobacco Co. and National Bank Notes. Geo. C. KtxD, flr.n of Hand, Avery & Co. J. H. Whita:>ek, firm of Enoch Benner & Co. BILLS OF EXCHANGE ON Aktju iiSewall, President E.NORATmO ASD PBISTINO OF Bath National Bank, Me. PAYNE dc SMITH'S, A. I. Besyon. SMITH, BANK-NOTES, STATE AND RAILROAD BONDS, The well-known character of these gentlemen Is a BANKERS, LONDON ; guaranty of a faithful and discreet management & COUNTY BANK, POSTAGE AND REVENUE STAMPS, Mercantile Accounts and Accounts of Banks and MANCHESTER i "LIMITED"; CERTIFICATES, DRAFTS, BILLS OF EXCHANGE, Bankers received on mo -t favorable terms. Collections made on all accessible points. Special JOHN STUART ic CO., Bankers, attention given l<> the sale of Sterling Bills of Ex- AND COMMERCIAL PAPERS, MANCHESTER, PAYABLE IN LONDON; change ; a'so to orders for purchase orsale of Govern- in tbe highest style of the art with special eafs- ment Bonds and Gold, and to collection of Coupons, ULSTER BANKING COMPANY, Dividends and Beglstered Interest. avards devised and patented, to prevent counter Interest allowed on Deposit*, according to agree- BELFAST, IRELAND; Mtlng and alterations. ment. Loans made on Merchandise, on satisfactory AND OX THE margins. NATIONAL BANK OF SCOTLAND. This Company engraves and prints bondB, postage The officers will give personal attention to all business entrusted to them, and no pains will be spared to ALSO, damps and paper money for various foreign make any business relations with the Bank mutually CABLE TRANSFERS AND LETTERS OF CREDIT amenta and Banking Institutions—South pleasant and profitable. American, European, West India Islands, Japan, &e. A. I. BENYON, President. r. J. CHICK, Cashier. Gwynne & Day, Communications may be addressed to thii Company in any language, A. H. Brown & Co,, [Establi.-hed 1351.] No. 1 G Wall Street. J. II. TAN ANTWERP, Pres't. Receive deposits subject to check at sight and bankers and brokers, allow Interest on balances. Issue Certificates of J. 'I HUOMXiai, Vlcr-PriVl. Deposit available. In all parts of the United State, and 7 Wall St., Cor. IVew, Commission, Gold, Govern- A. I). SIIIIPAIID, Treasurer. New York. Canada. Buy and Sell, on ment honds, Investment ana other Securities, offer JM). E. CCBRIEB, Secretary. INVESTMENT SECURITIES. facilities to parties dcslilng to Buy or Sell Railway Shares, either cash or on time contracts. Special attention to business of country banks. aud other J Asa P. Pottkk, l rest. Sau'l tuiLLivs, Cashier. Maverick National Bank Greenebaum Bros. & Co. M. K. Jesup, Paton &Co. BANKERS, BOSTON 18 Wall Street, New York. Capital, $400,000 No. 52 William Street, CHICAGO HOUSE: HENRY GREENEBAUM A CO.

Transact a General Banking business ; sell Drafts on Surplus, . 200,000 YORK. NEW all cities of Europe, ana Issue Letters of Credit for Special attention given to COLLECTIONS, and Draw Exchange on Union Bank of London. Travelers, avallab.e everywhere. prompt remittances made on day of payment. CABLE i isaNSFER*. Boston business paper discounted. Correspondence Accounts and Agencies of Banks, Bankers and Mer' Purchase and s:ile of Government Bonds, Municipal ovlted. and other Investment securities :antlle Firms received upon favorable terms. Special attention given to collections throughout Europe and the United Mates. Kountze Brothers, Bonds, Stocks, Commercial Paper, Gold, &c, bought and sold on Commission. Prentiss, BANKERS, Act as agents for Corporations in paying Interest Geo. H. Coupons and Dividends, and also as Transfer Agents. 12 WALL STREET, NEW YORK, Room 23. 30 BROAD STREET. Dividends, Coupons and Interest collected and Issue Letters ot Credit, available In all parts of the remitted. GAS STOCKS world ; also, Time and Sight Bills on the UNION BANK OF LONDON. Cablo Transfers made. NEW YORK. BOSTON, A SPECIALTY. 114 Pearl Street. TO sta.e Street Securities Bought and Sold R. A. Lancaster & Co., GOSSLER & Co., Brooklyu BANKERS AND BROKERS, OOKRBSPONOKSTS OF and . C. Clinton & Co., 66 Broadway. New York. International Bank or Hamburg J London, (Limited.) BROKERS, SOUTHERN AND MISCELLANEOUS SECURITIES HOUSE IN EUROPE, STOCK Bought and Sold on Commission. Ac CO are shares apwar VIliOINIA STATE AND RAILROAD SECURITIES Ji>H> BBRKN BERG, GOSSLER Buy and sell all active stocks from A Specialty. HAMBURG. on a margin of ONE PER CENT. Negotiated. Lsans ACCOUNTS SOLICITED. Grant & Company, Street. Charles G. Johnsen, Office, No. 16 Broad BANKERS AND BROKERS, MERCHANT AMD BANKER, No. 33 WALL STREET. G. Amsinck & Co., TRANSACT A GENERAL BANKING Bt' SINES! 150 Pearl Street, New York. 166 GRAYLER STREET STOCKS BOUGHT AND SOLD ON COMMISSION AOBXTS FOB THB INTEREST ALLOWED ON DEPOSITS. LONDON AND HANSKATIO BANK, (LUUTBD). -LONDON. 1HEV ORLEANS, LA H. Sctda* OiAjrr. G. St. Jobs Subfiblb. ii THE CHRONICLE [Vol. XXV.

Boston Bankers. Southern Bankers. Financial.

Gxo. Wm. Ballou. Gbokqb H. Holt, THE CITY BANK OF HOUSTON, Member N. T. Stock Exchange Capital, $500,000, FISK & HATCH, Geo.Wm.Ballou&Co H OUSTO N, Te X AS. BANKERS, We ilvo special attention to collections on all acces- ST., sible points. _ „ . No. 6 NASSAU NEW YORK. 8 WALL STREET, 72 DEVONSHIRE ST., Directors.—Benjamin A. Botts. Pres't: C. S. Long- cope, W. J. Hutililns. F. A. Rice, C.C. Baldwin, W. B. S. Government Bonds bought and New Vork, Boston, Botts, Rob't Brewster. BENJ. A. BOTTS, Pres't. U. sold In B. F. WEEMS, Cashier. amounts to suit Investors ; also Gold, Silver, and or- BANKERS DEALERS IN AND elgn coins. Deposits received In Currency or Gold, James Hunter, and Interest allowed on Balances. Special attention

Municipal Bonds. F. O. Box 81. Savannali, Georgia, paid to Investment Orders for Miscellaneous Stocks AND and Bonds. Brewster, Basset & Co., JAMES HUNTER, 26 Pine Street, Now York, Lazard Freres, BANKERS, Broker and Dealer In Southern Securities. Loans 65 Pine Street, Negotiated. Advances made on Securities placed In my hands for sale at current rates. DRAW SIGHT & TIME BILLS on the UNION BANK No. 35 CONGRESS STREET, References.—Henry Talmadgc & Co., and Eugene LONDON, Boston, Hail. Kelly & Co., New York; Southern Bank, Savannah, Ga On LAZARD FRERES & CO., Dealer! In Stocks. Bonds, Gold and Commercial S. E. BURBU88, Pres't. A. K. Walker, Cashier. PARIS, paper. And on the PRINCIPAL CITIES IN EUROPE. Orders executed on Commission at Brokers Board First National Bank, Auctions, aud Private Sale. WILMINGTON, N. C. Transfers of Money by Telegraph to Paris and San Investment Securities conatantlv on hand. ollections mane on all parts of the United States Francisco. Circular Notes and Letters of Credit through Messrs. Chas. A. Sweet & Co., Western Banker*. LAZARD FREXES & CO., at PARIS, payable in any part of Europe. BANKERS, Bank, 5c Co., 40 STATE STREET, BOSTON. Exchange R. T. Wilson DENVER, COLORADO. BANKERS AND COMMISSION MERCHANTS DEALERS IN GOVERNMENT SECURITIES, Gold, ~^~- Capital Stock, - - - $250,000 2 COURT. State, City, County and Railroad Bonds. EXCHANGE Capital Paid-in, ..... 185,000 Liberal cash ndvarces made on consignments ot Cotton and Tobacco to our address ; also to ourtrlencs Parker & Stackpole, F. J. EBERT, Pres't. A. J. WILLIAMS, ViccPres't. In Liverpool and London. 8. G. COLLINS, Cashier. Government Securities, Gold, Stocks BANKEP.S, 78 DEVONSHIRE STREET CORRESPONDENTS. and Hands Nktv Yokk—Tradesmen's National Bank. Bought and Sold on Commission, and BOSTON, San Fbancisco—Wells, Fargo & Co.'s Bank. given to Collections, and Re- LOANS NEGOTIATED. Buy and Sell Western CUT and Especial attention mittances promptly made. Accounts received and interest allowed on balances County Bonds. whlr.h m.r h. oh^^t^H fnr at. .li^ht. Nevada Bank Phila. &. Baltimore Bankers. The and BONDS OP SAN FRANCISCO, STOCKS Wilson, Colston & Co., SAN FRANCISCO, CAL. At Auction. BANKERS AND CHOKERS, Capital, fully paid In coin, $10,000,030 BALTIMORE. Reserve, 2,500,000 The undersigned hold REGULAR AUCTION classes of INVESTMENT and VIRGINIA SECURITIES a LOUIS McLANE, President. SALES of all specialty. J. C. FLOOD, Vice-President. Correspondence solicited and information fur- STOCKS AND BONDS, alahed. C. T. CHRISTENSEN, Cashier. . Cobbispondkhts—McKlm Brothers A ro. K. i CORRESPONDENTS: OH LONDON Surra, Paynk & SMITHS. WEDNESDAYS AND SATURDAYS. Bell Austin, NEW YORK Thb Bank of New Tom, N. B. A J. BROKER, Bank of New York, N. B. A., Is prepared to issue STOCK The ADRIAN II. HVLLER German Savings Bank, Tras k 6c St one, DEALER IN LITTLE ROCK, ARK. BANKERS AND BROKERS, Gold, Silver and Negotiable Securities. CAPITAL (Paid-in) $75,000. No. 7 NEW STREET, NEW YORK, Surplus 20,000. Transact a General Banking Business. and GOLD Bought and Sold on ; COLLECTIONS HADE TJIEOUOHOUl THE Prompt attention given to all business In our line. STOCKS, BONDS SIATE N. Y. Cokbespondbntb, Donnell. Lawson * Co Commission, and carried on Margins. Deposits Received and Interest Allowed. tar- Accounts of Country Bank* and Bankers re- BUYS AND SELLS EXCHANOE ON ALL THE Financial. ceived on favorable terms PRINCIPAL CITIES OF THE UNITED STATES AND EUROPE. Hilmers, McGowa n & Co McKim Brothers & Co., Adams. & Leonard, RANKERS, BROKERS IN 47 Wall Street, New Vork. FOREIGN EXCHANGE AND GOLD, I*. A K s H.K R , 63 Wall Street, New York. ISAAC SMITH'S UMBRELLAS. (P. O. BOX %847.) DALLAS, TEXAS. SUPERIOR GINGHAM (1 00 GOOlfSll.K 2 BO Special attention paid to the negotiation of Con PATESTED GUANACO „ 2 00 Hew tor* Correspondent. Moody* Jamison. EX. tiUAL, LEVANTINE SILK 5.00 merclal kills. :

nER 1, 1877. THE CHRONICLE. Hi Bankers. Canadian Canadian Bankers Financial. AGENCY OF THE Imperial Bank of Canada Drexel, Morgan & Co., Bank of British Capital, $1,000,000. WALL STREET, H. 8. ROWLAND, North President;!), it. WII.KIK, Cashier CORNER Or BROAD, NEW YORK. America, HEAD OFFICE, TORONTO. Drexel ft Co., Drexrl.HarJeiiACo No. 52 WALL STREET. Branches :-ST. CATHERINES I'oKT col.HORXE, No. Commercial Credits Issued for use In Kurope, China, ST. THOMAS, INOERSOLL, WELLANI). >l South Titian St. 81 Boulevard Hanetmaaa the Boat and West Indies, and Sontb America. Japan, Dealers In American Currency and Sterling Exchange- Philadelphia. Parle. md and Time Dills of Exchange, payable In Agents In London: I Agents In elsewhere, New York: DOMESTIC AND London and bought and sold at current BosANtjDBT, Salt & Co., Ba.sk or Mosttbiai. FOREIGN BANKERS. Louiburd Deposits received rates; also Cable Transfers. W etreot. | in Wall street. subject to Draft. Secumlee.Goltl. etc., bon jbt and sold on Commlai ion. Desnand Krafts on Scotland and Ireland, also on Promptest Intete.t "Mowed attention paid to collections payablo In ' n '!'PotU'.ronlgn Exchange. Commercial Credits. any part of Canada, lirltlsh Columbia and San Francisco. Dills Canada. Cable transfers. Circular Letters for travelers,«••«»-•. Approved Canadian • Collected and other Danklng Huslness transacted. business paper, payable In gold avsllable In all parts of tbe world. or currency, ills, ouiit.-il on reasonable tonus, and D. A. MaoTAVISH.J *«">«•...... proceeds remitted to any part of the United states by Attobhets ahd Aobxtb or C. M. MORRIS, } gold or currency draft on New York. Meeare. JT. S. ItlORCIAN A CO., No. U OLD BROAD ST., Merchants' The Bank of Toronto, LONDON. Bank CANADA. Brown Brothers & Co., Canada. Copilal, $2,000,000. Reservr, $1,000,000. HEAD OFFICE, lORONTO. No. 59 WALL ST., N. Y., Duscan Issue, against cash deposit, d, or satisfactory guaran- Capital, - - $6,200,000, Paid Up. Coulson, Cashier ; Hush Lkach, Asst. Cash liranches at Montreal. I'eterboro. Cohourg, Port Hone tee of repayment. Circular Credits for Travelers, la Barrle, St. Catharines, Collingwood. HEAD OFFICE, IHONTREAL. BANKERS: dollars for use In the United states and adjacent London, England—The city Dank. countries, and In poundt tterUpg for use In any part National of GF.o: OK HAGUE, General Manager. Vrw VnnKJOB 1 Hank of Commerce, the world. \VM. "-lC. F.Smlthersand W. Watson. J. INGRAM, Asst. General Man ger. Collections made on the best terms. THEY ALSO ISSUE COMMERCIAL CREDITS MARK BANKERS: CABLE TRANSFERS OF MONEY BE- Financial. TWEEN THIS COUNTRY AND ENOLAND, AND LONDON, BNG.—Tint London Joint-Stock Dank. DRAW BILLS OF EXCHANGE ON OREAT NEW TO K—Aoknct, 62 Wall Street. BRITAIN AND IRELAND. National Dank or tui Republic. A. C. Burnham, [Established 18S!.] CHAMPAIGN, ILL., OFFERS FOR SALE S. G. & G. C. Ward, Bank of Montreal. REAL ESTATE FIRST MORTGAGE agents foe COUPON BUNDS, BARING BROTHERS tc COMPANY In amounts of $1,000 and upwards, yielding EIGHT to TEN per cent semi-annual Interest, and negotiated 52 WALL STREET. NEW YORK. CAPITAL, $12,00", 000, Gold. through the houses of 28 STATK STREET, BOSTON. MIII'I.IS. S, 500,000, Gold. BUHNHAM, TREVKITA itATTIS, Champaian, III. BURNHAM ,t TUU.KYX, Council muffs, Jowu. BURNUAM ct BVTBB, (irinneU, Iowa. All these loans are carefully made, after personal John Munroe & Co., GEORGE STEPHEN, President. Inspection of the security, by members of the above Arms, who, living on the ground, know the actual No. 8 Wall street, New York. R. B. ANGUS. General Manager. value of lands and the character and responsi- No. O.'IIce bility of borrowers, and whose experience In the busi- 4 Poat Square. Boston. ness for the past SIXTEEN YEARS has enabled them CHEQUES NEW YORK OFFICE, to give entire satisfaction to Investors. AND CABLE TRANSFERS ON Unusual facilities offered for the prompt MUNItOK * CO., 1'tltl*. Nos. 59 &. 61 WALL STREET. collection of defaulted municipal bonds. STERLING CHEQUES ON C. F. SMITHKK8, 1 .„„-,. ABents - ALEXANDERS. CFNLIFFBS tfc Walter Watson, [ CO. P. Ct, Interest London, SIXTY DAY STERLING ON THE Bay and fell Sterling Exchange and Cable Trans- CONSOLIDATED fer!; grant Commercial and Travelers' Credits, owa Bonds k lHnrlgag^i. BANK, LONDON; available in any part of the issue world ; drafts on 810 GEO* W. FRANK A DAR Circular Notes and Ceii.it> foe Tbavelbes. and make collections in Chiugu and throughout ROW, RAXKEKS and Negotia- tors of Loans, Corning, Iowa the Dominion of Canada. and 195 Broadway, Western Union Bid*., N. v., make loans on the best Improved farms in Iowa, at 8t* 10 J.&W. Seligman&Co., per cent Interest. Always first Hens and Improved London Office, No. 9 Blrchin Lane. a'arms; never exceeds one-third the cash value f. f the land alone. The bonds have coupons BANKERS, attached, and the Interest is paid semi-annually, at the Central National Bank, In New York, and the 59 EXCHANGE I'LAI K, Exchange Bank principal, when due, nt the same bank. Several years experience of the firm In loaning has shown these CORNER BROAD STREET, NEW lORK. OF CANADA. loans to be PERFECTLY SAFE! Issue Letters or Credit for Travelers, The Interest and principal have niways been paid Capital Paid Up - - - $1,000,000. when due, without tli*- loss of a dollar. Send for full Payable In any part of Europe, Asia, Africa, Australia printed particulars, or call at the York otfice New and America. and examine maps and applications for loans In sums HEAD OFFICE, MONTREAL. ranging from $560 to $5,U)u. Draw Bills of Exchange and make telegraphic trans- REFERENCES fers of money on Europe and California. Wm.A. Wheclock, Kan... Prest. Cent. Nat'l Bank, N.Y. M. H. GAULT, Pres't. 0. R. MURRAY, Cashier Oilman, Son & Co., Banker*, 4» Exchange Place, N. Y. H. C, Fahne stock, Esq.. First National Rank, N. Y. BRANCHES: Henry H. Palmer, Esq , New Brunswick, N.J. Henry S. King & Co., Chas. J. Starr, Esq., Mamford, Ct.

Hamilton, Out.; Aylmer, Ont ; Pahk Hill, Ont. A. J. OdelL Esq., Sec'y I>. L. & W. UR. Co. Aaron Healy, Esq., 5 Ferry street, X. Y. bedford, p. q.; jolibttb, p. q. BANKERS, Edwards A Odell, Attorneys, Si William street, N. Y. 45 Pall 71u.ll, London, England. AGENCIES: The Bridgx that has cabihid tou bafklt otie Quinsc, Valleyeield. Issne CIRCULAR NOTES frtt oj eKarg*. avallaM* A Solid Ten Per Cent. In all pans of the world. FOREIGN AGENTS: The old established CENTRAL ILLINOIS LOAN Grant COMMERCIAL CREDITS for use against LONDON.—The Alliance Dank (Limited). AGENCY', known all over New England and the Mid- Consignments of Merchandise. NEW TOKK.-The National Dank of Commerce dle States as the Agency whose Interest coupons are paid ax certainly and as promptly** the coupons of Messrs. Hlltners, McGowan Co., 63 street. Execute Orders on the London Stock Exchaage. & Wall Government Bonds, has enlarged Its field and changed CHICAOO.-Unlon National Dank. Its name to "THE KANSAS, MISSOURI & CENTRAL Collections on alt Points. Receive Deposit 1 Make ILLINOIS LOAN AGENCY. There Is no change In Its character or management. If a certain clean Current Accounts favorable senna, and don Sterling and American Exchange bought and sold. Semen TEN and on sty you, address for Circular, Interest allowed on Deposits. Actuary, " KANSAS, MISSOURI A CENTRAL ILLI- General London and Foreign Banking Business. Collections made promptly and remitted for at low- NOIS LOAN AGltNCx*," .JACKtovTiujk III. est rates. KING, It t I I.I.I i: A CO., Liverpool. F. W. Gilley, Jr. & Co., NEW TORE CORRESPONDENTS, The Canadian BANKERS AND BROKERS, meaara. WABB, CAMPBELL * CO. 61 BROADWAY AND 19 NEW STREET, Bank of Commerce, P. O. Box 4239. New York Knoblauch No. 50 WALL STREET. F. vr. Gillet, Jb., E. S. Oiu.it. Member N. V. Stock Ex. J. Niuoi Taita*. Special & Lichtenstein, Capital, $0,000,000 Gold. AT THE NEW CPOCK EXCHANGE OF 8urplus>, • 1,900,000 Gold. BANKERS, 39 William St., cor. Kicbaage Plate*, Buys and Sells Starling Exchange, and makes Cable 1'ohn Hickling, NEW YORK. Transfers of Money. 61 Broadway «m«1 91 Now St., N. v.. Make Telegraphic Msn.y Traasfen.

Issues i Comments! Credits available everywhere. I bur and sell sleeks frsm Uia tadJoator • I pi/ Draw Bills of Exchaage aad lasaa Li lian ol Grants Sralu »a Uis oblef cities aaa towns of csat aaarfla. •a all principal eitles of Bar***. Canada. MS BUrris, '1 J Shares. BTBCLAL PAXTHBIL • SO Margin, to Shares. 1. H. GOADB1IBT JAgsaar • 100 Xarila. 1O0 »k»x«. BKCTBCIIK BANK, IV £HE CHRONICLR [Vol. XXV

Financial. Financial. Financial.

WALSTON h. brown. Fr.ED. A. BROWN. Moller & Co., UNION TRUST CO. Walston H. Brown &Bro. OP NEW YORK, 24 NASSAU STREET, NEW YORK, DEALERS IN INVESTMENT SECURITIES. No. 73 Broadway, Cor. Rector St. BANKERS, Negotiate Loans for States, Cities and Counties. 34 Pine Street, New York. We Now Offer: CAPITAL, - - -~T . • $1,000,000. Cincinnati City 7 8-'0 Currency, and Gold 6 per ct. bds ATTENTION GIVEN TO THE NEGOTIA HAS SPECIAL FACILITIES FOK ACTING AS SPECIAL £t. Louis, Mo., Gold and Currency bonds, TION OF Transfer Agent and Cleveland, Ohio, bonds, RAILROAD SECURITIES. Jersey City Bonds, Registrar of Stocks. Rahway, Elizabeth and Bayonne bonds, Dickinson, Dickinson, Administra- Platt K. Howard C Authorized bv law to act as Executor, Member of Stock. Exch'ge. Member of stock Exch'ge Georgia Stats bonds, Trustee, and Is a tor, Guardian, Receiver, or John R. Waller. New Haven, Conn., 5 per cent bonds, LEGAL DEPOSITORY FOR MOSEY, and other desirable and Bafe investment bonds of Cities, Towns and Counties, paying from J to 9 per cent Interest allowed on Deposits, which may be made Dickinson, Waller & Co. and withdrawn at any time. interest. institution through the N. B.—Checks on this pass Correspondence solicited. Clearlng-House. EDWARD KING, President. BANKERS AXD BROKERS, " J. M. McLean, isf liee-Piefittent. Wm. Whitkwkiqht, 2d Vice Prest lent. 25 BROAD STREET, GERMAN-AMERICAN BANK COMMITTEE. OF EXECUTIVE Banking Business. Buy and Sell Transact a general FORSTER Sc CO., J. M. MCLEAN, SaMEEL WlLIETS, B. H. HlJTTON, WX, WuiTEWntGHT, on Commission Stocks, Bond and Gold. Austin, Texas. E. B. Wesley, Geo. Cabot Ward, Having been Identified wltb California interests, and G. G. Williams, Tueodobe Roosevelt. TrXAS FARM MORTGAGES A SPECIALTY, J. II. OGILVIE, Secretary. having a connection in San Francisco, are prepared 10-12 per cent interest, payable in New York semi- buy and sell on commission all stocks dealt in on annually. Absolutely safe loans made on property Trust Co. worth, at present low valuations, 3 to 5 times the The Brooklyn the San Francisco Stock Exchange, and to give infor amount loaned. Title; perlect and property visited Cor. of Montague & Clinton sts., Brooklyn, N. T. personally. Correspondence sollcitef. matlon respecting the same. Collections made and promptly re nitted for. CAPITAL, tWO.CW. rpHE TEXAS & PACIFIC RAILWAY This Company is authorized by special cbarter to ac Adolph licissevain & Co. M receiver, trustee, guardlar, execu or or adminis- trator. ' „ BANKERS COMPANY —The coupons of the Consolidated Mort- It can act as agent in the sale or mcnagiment of real AXD estate, collect intetest or dividends, receive registry gage Bonds of the. TEXAS & PACIFIC RAILWAY anc" transfer books, or make purchase and sale of Gov- COMMISSION MERCHANTS, ern*, tiit aid other securities. Religious and charitable institutions, snd person COMPANY, maturing December 1,187?, will be paid unaccustomed to tne transaction of business, will find AMSTERDAM, HOLLAND this Company a safe and convenient depository for in gold, on and after that date, on presentation at the ROPES. President. money. RIPLEY V. Y. Correspondents.—Messrs. BLAKE BROS. & CO. CHAS. R. MARVIN, YlCi-Prest. Farmers' Loan & Trust Company, New York, or at £DQAB M. CtTLLKN. Counsel. TRUSTEES: office Company, No. 275 South Fourth J.S.Rockwell, Henrv Sanger, Alex.McCue, N. T. Beers, Jr., the of the John P. Rolfe, Chas. R. Marvin, A. A. Low. Thomas Sulllvao, Ahm. B. Baylts, 8. B. Chittenden, street, Philadelphia. H.E. Pierrepont, Dan'IChaancey, John T. Martin, Brooklyn Stocks, John Halsev. Joslah O. Low, Ripley Hor.es GEO. D. KRUMliHAAR, Treasurer. Alex. M. White, Austin Corbto. Fdmund W.Uorllei. GAS STOCKS, Wm. a. BUN KKK. Secretary Stf WAI* STREET. OT. LOUIS MCON MOUNTAIN AND SOUTHERN RAILWAY COMPANY, No. 20 Nassau H. L. Grant, Street, New York, Nov. 28, 1877.— On and after Dec.

will pay : No. 145 RROADWAY, 1, 1877, this Company NEW YORK. COUPONS due that date on INTEREST CEP.TIFI- CATES and FIFTY I'ER CENT (50 per cent) on Q^jij^ASjSAUSJl COR PINE ST* CITY RAILROAD STOCKS & BONUS COUPONS due that day of the ST. LOUIS & IRON BOUGHT AND SOLD. MOUNTAIN (ARKANSAS BRANCH) RAILROAD Capital,* 1000.000 See quotations of City Railroads in this paper Bonds, and on CAIRO ARKANSAS & TEXAS RAIL. Allows interest on deposits, returnable oh demand, authorized act as Executor, SOUTHERN SECURITIES. ROAD Bonds. or at specified dates. Is to Bonds, Anminlstrator, Guardian, Receiver, or Trustee. Like- So. Carolina. Louisiana, Georgia and Alabama Charleston and N. Orleans lids, D. W. McWILLIAMS, Treasurer. wise, is a legal depository for money paid Into Court, Cities of Wilmington, Mobile lids, or by urdei of any burrogate. Individual*. FIrmB and Cities of Memphis, Nashv'c, Vickslmre & Cliarl. RK. Bd°, Bcclettes seekiog Income from money in abeynuce, or Atl & Gulf UK Bonds. Memphis & Mississippi Central Bonds, SOUTHERN RAILWAY at rest, will Hud safety and advantage lu this institu Texas Pacific RR. Bonds. CANADA Railroad Bonds, tlOD. Houston & Texas Central COMPANY, 13 William Street, New York, BondB. Georgia Central KR. Bonds, HENRY F. SPADLPING, President. Georgia RR. November 10n, 1877—The plan for the exchange of le RR. Bonds and Stock, BENJ. B. SHERMAN. \ Vice Loul.viieANashvl Car. B'ds to No. Car. R", the Bonds of the above-named Company, and for the FKEDEitlCK H. COSSITT, { Presidents Macon & Brunswick and No. Mob. » hatt. RK. Bds. C. H. P. BABCOCK, Secretary. Mob le & Ohio and N. Orleans & purchase of the Bonds of the following Companies, Car. RR., Northeastern H'., Ala & Chatta. Bonds, So. Niagara Railway Company, the EXECUTIVE COMMITTEE: all Southern Securities which are talable. to wit:—The Erie & Eno, And other Jacob D. Venn. lye, Amos R. Bought and Sold by Canada Southern Bridge Company, the Toledo Canada BenJ. B. bhermao, Frederick H. Cossltt 31 Pine St., N. Y. Bam'l D. Babcock, Isaac N. Phelns. WM. U. UTLEY, Soutnern & Detroit Railway Company, and the Michi- Bates, Edmund W. Corlles. Martin PER CENT gan Midland & Canada Railway Company, is now per- BOARD OS TRUSTEES; NINE fected. Particular Information In respect of which Samuel D. Dabcocfc, Benjamin B. Sherman REAL. ESTATE FIRST MORTGAGES will be given on application to this Company. Jonathan '.'home, Oeorne W . Lane, For particulars Isaac N. Phelps, JsL-ob D. Venollye, Principal and interest guaranteed. Holders of the Bonds of the above-named Com- * Joslab M. Flake, Geo. Marcullcch Millei PPly '" panies are requested to present the same as early as Onarlea (i. Landon* Roswell Skeel GREGORY Railroad Bonds ; Tkeo. H. Freeland, Sec. Geo. H. Statner, Treas. City? of New Orleans Bonds. WANTED: & BORG, Virginia State Old Bonds. LEVY Allegheny cry. Pa , Bonds, Hatch & Foote, 36 WALL STREET. t-acramento City, Cal., Bonds. Northern Pacific RR. First Mortgage Bonds. BANKERS, No. 12 « U.I. STREET. ISAAC SMITH'S UMBRELLAS. FOR SALE: |1 00 Louisiana State New Bonds. . BUT AND SELL SUPERIOR GINGHAM Indianapolis RR. First Mort. Bonds. SI1.K 2W Jeff. Mad.* GOOD Houston & Gt. Northern RR. First Mortgage Bonds. GOVERNMENT BONDS, GOLD, STOCKS, AND PATENTED (UIANACI >...... 200 5 00 Wabash Railway Funded Debt Bonds. MISCELLANEOUS SECURITIES. EX. QUAL. LEVANTINE SILK... . § ym ontmewfa mmtk HUNT'S MERCHANTS' MAGAZINE,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL. 25. SATURDAY. DECEMBER I, 1877. NO. 649.

CONTENTS is no doubt that the pressure upon our banks will somewhat relax. For months to come, however, these insti- THE CHKONICLE. tutions must expect but little mitigation, in Comptroller Knox on the Burdens Latest Monetary and Commercial and view of of the Hanks .. 519 English News 522 this fact a considerable numbt-r of banks, in The South and Kesurap ion £20 CiimnurLial and Miscellaneous not only our A Munchausen in BrcadsTuffs Sti- News 584 large cities, but in the country, are closing. second tUtica 523 A THE BANKERS' GAZETTE. illustration from the Comptroller's report as to the Money Market, U. 8. Securities, New York Local Securities 629 pressure is Railway Blocks, (wld Market, Investments, and ^tate, City and of the times contained in the subjoined table, Foreign Exchange, N. Y. City Finances Corporation 530 which shows that during last Banks. National Banks, etc S25 Monthly Earnings of Principal the year more than forty Quotations of Stocks and Bonds. 528 Railroads 534 millions of capital invested in the national banking THE COMMERCIAL TIMES. system have yielded no dividends. Commercial Epitome 535 1 Dry Goods .'39 Cotton 541 535 I Imports, Receipts and Exports. .. NATIONAL bank capital WITH NO DIVIDEND", 1876-77.

Brwidstnffs £3) | Prices Current 542 Six mos. ending Sixmos.endlng Six mos. ending Sixmos, endg

Geographical Mar. 1, 18:6. Sept. 1, 1879. Jfar. 1, 1S77. Sept. 1, 1877. <£!)* Gljronicle Divisions. N. Capital. No. Capital. No. Capital. No. Capital. N. EBg. States.. 56 $3,777,000 82 $7,7O!\0OO 25 t?,U0,C09 35 $9,0£5.0CO The Commercial and Financial Chronicle is issued on Satur- Middia States.. 56 10,700,050 61 16,135,7J5 71 li,74i.0C0 92 15.S7.V00 day morning, with the latest news up to midnight of Friday. Southern St itts 59 4,135.000 34 4,899,000 21 8.7S0,0iO SO 4,S3«,M0 Western St8tes.ll) 14.77?,.<;oa 139 13,S73,U0 103 14,090,000 118 10,737,010 TFRMS OF SUBSCRIPTION-PAYABLE IN ADVANCE: Pac. States & T. It 900,0(0 II 1.950,(00 14 1,7? 0,000 13 1,535,000 For One Year, (including postage) $10 20. United States.. 235 $11,290,3-J0 573 $44,037,7.15 543 $10,45J,(00 288 ForSUMonths 6 10. »41,166,«o Annual subscription in London (including postage) £2 5s. Some persons have supposed that in the United States Six mos. do do do 1 6a. national bank shares are held for the most part by Sul scriptlonswill be continued until ordered stopped by a written order, or at (hi publication office. The Pnblishers cannot be responsible for Remittances large capitalists, and ten or a dozen years ago there was unless made by Drafts or Poet-Grace Money Orders. London Office. some truth in the supposition. But a change has taken The London offlce of the Chronicle is at No. 5 Austin Friars, Old Broad Street, where subscriptions will be taken at the prices above named. place. All over the country, bank shares have become Advertisement*. favorite for orphans Transient advertisements are published at 25 cents pet line for each insertion, a investment widows and and but when definite orders are given for five, or more, insertions, a liberal dis- frugal persons of small means, who formerly preferred count is made. No promise of continuous publication in tbe best place can be as all advertisers must have equal opportunities. fkven, Special Notices in that their little property should be in government bonds. anking and Financial column 60 cents per line, each insertion.

WILLIAM b. DANA, I WILLIAM B. DANA & CO., Publishers, It is one of the results of the Syndicate operations and

JOHN Q. FLOYD, JR. | 79 & 81 William Street, NEW YORK. Post Office Box 4,592. the refunding of the public debt, that it has displaced an immense multitude of such investments of trust funds |y A neat file-rover is furnished at 50 cents; postage on the same is 18 ce nts. Vo'umes bound for subscribers at $1 50. and of private persons, and has driven a considerable I^T" For a complete set of the Coxuercial and Financial Chronicle— July, 18(15, to data— or of Hunt's Merchants' Magazine, 1839 to 1S7I, Inquire proportion of this capital into bank shares. The trouble at the office. in our savings banks for some years past has also, with- tW The Business Department of tbe Chronicle is represented among Financial Interests in New York City by Mr. Fred. W. Jones. out doubt, had the effect of increasing the tendency of frugal investors to buy shares in the national banks.

COMPTROLLER KM O.N THE BURDENS OF THE BANKS. Hence, it has happened that the number of small share- We have cften had occasion to show that on the bank- holders in the national banks of the United States has ing machinery of this country much of the pressure must increased year by year. At present they amount to fall which is incident to the restoration of specie pay- 208,486, and of these 104,976 have an interest not greater ments. Some new illustrations are given in the report than $1,000 each. In the State bank system the share, of the Comptroller of the Currency, of part of which we holders number 152,988. It thus appears that the banks have been favored with an early copy. We find from of this country are owned chiefly by persons of small these sheets that the losses of the national banks for the means, and the fact that so large a part of our banking first six months of last year were $8,175,960, and for the capital yields no dividends at all, suggests grave matter last six months $11,757,627; so that the total losses of for reflection. the year were nearly twenty millions, averaging four per Further evidence is supplied by the Comptroller as to cent on the whole capital of the national banking the burdens of the banks in his elaborate tables of bank system. We presume that neither in -France, Germany taxation. The whole revenue collected from the national nor England have last year's losses by the banks banks, State banks and private bankers during the fiscal amounted to so large a percentage, and yet universal year was $10,847,763. This is the amount of income complaints are made of the unremunerative results of which the Treasury would surrender if the whole of tho the banking business in Europe as in this country. federal bank taxes were to be unconditionally repealed.

When the process of resumption is completed here, there The bank*, however, wo believe, do not all ask for so . . 2

520 THE CHRONICLE. [Vol. XXV.

much as this. The relief which ought to be given to them The rates of taxation—national, State and total—upon without delay, is, at least, the repeal of the tax on depos- national bank capital, in those States in which the rate its, the product of which is a little over six millions a of taxation has been the highest for the last three years, year. In 1877 the national banks paid upon their depos- are as follows: ts an aggregate taxation of $3,445,252, and the State -1874. -1875.- -1876.- Slates. U. 8. Stale. Total. U.S. State Total. U.S. banks and private bankers $2,896,637. The whole of State. Tot. New York 19 29 4-8 1-8 a-9 4'7 1'3 3 1 49 this tax ought to be taken off, together with the tax on New Jersey 15 21 3 6 1-8 8 1 it 14 2 1 3 5 Ohio 14 22 36 1-4 24 3 8 13 2 4-0 bank capital, which yields about a million and a half a 7 Indiana 1'2 26 38 1'2 26 38 1'2 2-5 37 year. The Comptroller of the Currency gives the follow- Illinois 1 8 22 4 1-8 2-4 42 1-8 2 4 4-2 Wisconsin 1'8 23 41 21 3-8 1-7 3-8 ing statistics as to the total taxation paid by the national 17 21 Kansas 1-5 3 3 48 14 a- 4-6 1 5 30 4-5 bureau in 1863 : banks since the establishment of the Nebraska 2'0 3 3 5-3 2 2 2 3 4 5 23 25 4 7 South Carolina TAXATION OP THE NATIONAL B INKS, 1861 TO 187?. 11 36 4 7 11 34 4 5 10 2 7 37 1'5 Tear. On Circulation. On Deposila. On Capital. Aggregate. Tennessee 22 37 1 4 2 3 37 1-4 21 3-5 1864 $53,096 97 $95,81125 $18,402 23 $167,310 45 The unequal taxation imposed upon national bank 1865 733,217 69 1,087,530 83 133,55115 1,954,018 60 1866 2,106,785 30 2,633,102 77 4C6.917 74 5,146,835 61 capita] in the principal cities of the country is shown in 1667 2,8t8,6£6 78 2,6:0,180 07 321,88138 5 810,698 21 the following table, which gives the rates of national 1868 2,!>4o,3l3 C7 2 564,143 41 306.76167 5,817,26S 18 1869 2,957,416 73 2,614,553 53 312,918 63 5.881,888 99 and State taxation in the cities named, for the years 1875 1870 2,949,744 13 2,614.70.7 61 375.962 26 5.940,474 CO and 1876: 1871 2,987,02169 2,80 ',840 85 355,292 13 0,175,15! 17 RATES OP TAXATION. 1872 . 8,193,570 03 3,120,984 37 £89,356 27 6,703,910 67

1875. , . -1876.— 1873 3 333,1=6 13 3,196,569 29 454 89151 7,001,646 93 Cities. U.S. State. Total. U. S. State. Total. 1874 8,401,433 11 3,209,967 72 46.1,048 02 7,033,498 85 Boston ... 1-4 19 8-3 1-4 1-6 3-0 1875 8,233,405 89 3,514,310 39 507,417 76 7,305,13104 New York..., 2-0 3-1 5-1 1-9 35 5-4 1876 3,091,765 76 3,505,129 64 632,396 16 7,223,321 5(1 Albany 3-0 S'o 66 32 3-4 66 1877 2,899,057 09 3,415,252 74 651,636 96 6,993,926 79 Philadelphia. 2-0 8 2-8 21 0-7 2-8 Totals $36,829,70! 10 $37,013.320 1! $5.39S,128 63 $79,2n,?03 90 1-4 Pittsburgh . . 05 19 14 0-5 19 For the first time, Mr. Comptroller Knox gives a Baltimore 13 2-0 3-3 1-2 2-0 3-2 0-3 1-2 Washington . 14 17 11 2-3 of taxation paid to the complete table of the amounts 1-6 1-6 New Orleans . 03 19 02 18 National Treasury by the State banks and private Louisville 1-3 05 1-8 1-4 0-3 1-9 Cincinnati 2-0 2-6 46 1-7 2-9 bankers. Much misapprehension has prevailed as to 46 Cleveland.... 1-1 23 84 1-1 2-5 3-6 the relative pressure of the fiscal burdens imposed by Chicago 2 3 2-5 4-8 22 3 5-2 1-8 1-8 1-5 the National Government upon different parts of our Detroit 31 16 31 Milwaukee. . 2 3 30 • 5-3 2 2 29 5-1 banking system. The new table of the Comptroller St. Louia 1-2 2-8 4-0 1-3 2-6 39 St. Paul 1-3 2-2 3-5 1-2 3'0 sets these questions at rest. 18

; TAXATION OF THE STATE BANKS AND PRIVATE BANKERS 1861 to 1877. From the foregoing it appears that the State taxation Tears. On Circulation. On Deposits. On Capital. Totals last year paid by the national banks was greater than in 1864 $3,056,996 30 $780,723 52 $8,837,719 82

1865 1 993,661 84 2,013,841 08 $303,867 98 4,940,870 90 any previous year except 1875. It would complete the 374,074 11 3,463,983 05 1866. 990,278 11 3,C99,635 83 whole subject and add a new value to the Comptrol- 1867 214,293 75 1,355,395 88 476,867 73 2,046,552 16 1868. 28,6i.9 83 1,438,512 77 399,562 90 1,866,7(5 55 ler's statistics if, in future reports, he could show the 1869. 16/65 05 1,734,417 63 445,071 49 2,196,051 17 aggregates of the State taxes paid by the State banks 1870. 15,419 95 2,177,575 46 627,087 21 8,010,(83 61 1871. 22,781 91 2,7C2,19S 84 919,262 77 3,644,211 53 and private bankers. The report, however, as it stands, 1872. 8,919 81 8,643,251 71 976,057 61 4,628,219 14 gives more full and complete details than have ever been 1873. 24,773 61 3,009,302 79 736,1-50 05 3,771,031 46 1874. 16,738 26 2,153,544 26 9.6,678 15 3,387,160 67 placed before the public in the annual statements of the 1875., 22,746 21 2,972,260 27 1.101.2)1 58 4,097,248 a Treasury. They prove the necessity that Congress 1876. 17,917 67 2,999,530 75 939.219 61 4,016,698 C3 should, without delay, remove or lessen the pressure .of 1877. 5,430 16 2,896,637 93 S27.661 21 3,8i9,729 33 those federal taxes which are most mischievous to the Aggregates... $5,435,532 59 $31,306,827 S2 $9,994,502 43 $47,736,303 84 banks, and through them are injuring the business of the The total sum paid by the national banks as a tax country and retarding the recuperation of our industry. upon their circulation now amounts to $36,829,762, while the whole expense of the Currency Bureau during the same period has been $4,308,270. By law these expenses THE SOUTH AND RESUMPTION. are to be paid out of the proceeds of this tax, which has The analysis, by sections, of the two important votes collected from the first been without expense to the recently taken on financial bills in the House of Repre- few months ago announced that government. A we sentatives is interesting and significant. The Bland the Comptroller issued a circular addressed to the had Silver bill, which we have already discussed, passed by national banks, requesting them to report how much of ] the nearly two-thirds vote of 163 to 34, with 94 absent taxation was paid by them under State and municipal or not voting. The South cast 77 votes for it and only laws for the year 1876. The replies are collated and 6 against it, the latter being 1 each from Maryland, given in the Comptroller's report, and the following Georgia, Missouri and Texas, and 2 from Louisiana; the table compares the aggregates with those of previous North cast 86 for it and 28 against it—of the latter years: Michigan furnishing 2 and California 1, the remaining 8TATE TAXES AND V. ». TAXES ON THE NATIONAL BANKS. 186E to 187 6. 25 coming from the nine States east of the Ohio River. r-Ratio of Tax the 86 yeas, Ohio, Indiana and Illinois furnished 44, , Amount of Taxes. , to Capital Of Years. Capital Slock. U.S. Stale. Total. U.S. Slate. Tot- the remainder being nearly all from the farther "West. p.c. p.c. p.c. The bill to repeal the important section of the Resump- 1366... . $110,593,435 $7,949,451 $3,069,938 $18,019,988 19 2 89 3-1 4'3 1867... . 412,601,666 9,525,(X)7 8,813,127 18,S3S,7S4 I'l tion act received a much smaller vote, 133 to 120. The 1868... 420,148,491 9,465,653 8,757/56 18,253,308 22 2 1 4-3 South cast 80 votes for it and 14 against it. Alabama, 1S69... . 419,619,860 10,081.244 7,297,096 17,378.340 24 17 41

1870... . 429,314,011 10,190,682 7,465,675 17,656,357 14 17 4 1 Arkansas, Georgia, Kentucky, Mississippi, North Caro-

8571 .. . 451,994,133 10,649,895 7,860,078 18,509,973 3 4 11 41 lina and West Virginia cast only affirmative votes; the 187S... . 472,936.959 6.703,910 8,843,773 15,017,832 14 1-8 8-1

1873... . 488,778,418 7,004,448 8.499,',48 15.504,394 14 1-8 S> negative were 2 each from Louisiana, South Carolina

1874... . 493,751,671 7,356,(83 9.820..336 18,876,409 1-5 8-0 3'( and Tennessee, 4 from Missouri, and 1 each from Flor- 1875... . 503,617,911 7,317,531 10,0:8.122 17,375,651 11 2 3-5

ida, Virginia and Texas, The voted. ; tjm... . 431,733,979 7,078,087 »,70V»» 18,777,819 14 SO 8 4 Maryland, North Dkcemiiku 1, 1877.| THE CHRONICLE 52 L

ea and 100 uny, 50 of the latter boing from the much more probable—the people of the South do not eight Eastern States. The three States of Ohio, Indiana understand the case. But they ought to especially and and Illinois, which gave 44 votes to the Bland bill, earnestly favor resumption, because: showed the kindred nature of the two attempts by 1. The South has already paid her part of the price giving 32 to the repoal bill. The North, although sup- in suffering and decay, which must bo paid in order to porting the Bland bill by 3 to 1, went against the return from inflation to the solid ground. She has

repeal bill by exactly 2 to 1 ; the South supported the reached tho bottom, in the decline of industries and former by 13 to 1 and the latter by nearly to 1. The values, and is beyond the reach of harm from further passage of both bills being due to the solid support of shrinkage and "contraction." She is down; she has the South, we once more call attention to the bearings nothing to fear except staying down, and is ready to of resumption upon that section particularly. rise. The Charleston News, in an article we quoted In the first place, the inflationist idea, expressed by several months ago, declares that any step backward Messrs. Ewing and Kelley, that to withdraw the green- will cause past sufferings to go for nothing; that no backs by paying and destroying them would inflict a addition to the currency can make the country any loss upon the country by taking away the money of cir- richer, and that " the success of the inflationists will be culation, although sincerely held, is fundamentally wrong, disastrous to the whole country, and particularly to the in essentially misunderstanding and misstating the nature South." of the greenbacks. Simply and positively, they are not 2. The South is comparatively free from private debt, money and never were. The historical fact is that they and from disheartened investors who want to float off were a temporary war loan, resorted to because of the their stranded investments; hence, even granting, for lack of money, under doubts, misgivings, and the most argument's sake, that there is force in the plea that solemn assurances that they would be moderate in volume an indebted community needs to have money made and temporary in duration, soon to be paid. The origi- " cheap" and not " hard," this does not apply to the nal act proves this by containing a provision for funding South. It is strange that the hard-money State of Texas, them in bonds, and the repeal of this provision, a year after her own instructive experience of paper, voted five or so later, was a fatal mistake. Instead of being true to one against resumption. money, representing value, the greenbacks were a forced 3. The South was never, in spite of all her troubles, loan—the due-bills of the government in exchange for in a position of such genuine promise as now. She has the food and munitions of war it consumed ; they are been forced to learn economies in production ; she can to-day what they were originally—an unpaid debt and grow cotton now profitably at a low price, although she one to be paid. This single fact has been so often shown used to get poor on it at a high one; she has also learned that we cannot take space to elaborate it, although the to grow a large crop; the labor question is in great history which proves it is before us. The notion that measure solved, on her soil, and her position in the this paper debt is true money and real wealth, and that world's markets was never so favorable as now. Her to withdraw it is to destroy something valuable, is a later great staples are the equivalent of gold in a peculiar one, born of the muddle and debauchery which such sense; the governing price of cotton to-day is a gold paper always begets. There is nothing new in it—it is one in the great exchange markets of the world, where

an old delusion. To withdraw the paper by paying it our paper is not current and never will be. The dream will be to remove false money and make room for the of all Southern publicists has always been for direct true ; to right a wrong, not to do one ; to secure an commercial relations with England. Perhaps this is inestimable benefit, not to inflict an injury to preserve than a perhaps but ; more dream— not; what can bo more from loss, not to cause loss. There can be no correct foolish than to insist upon spurning and excluding the reasoning on the subject until this radically wrong con- currency of mankind in order to cling to the non ception of the nature of greenbacks is got out of peo- exportable paper, which is the worst foe the country ple's heads. has?

While it is true that the benefits of good money and 4. The great need of the South is development of her the evils of bad money are shared by all classes and resources, and this can come only by an influx of both sections, they are not so shared in uniform proportions. capital and immigration ; to state this is enough, because

Of all human devices, the worst and most persistent it is thi; burden of all discussion of the subject of growth, plague is irredeemable paper, and the mischief of it which and there is hardly an intelligent white from the Poto- lasts longest is what we are now experiencing, namely : mac to the Itio Grande who does not feel it. The South the notion that the seeming prosperity during the infla- cannot stand still; she must progress, or else sink farther tion period was real, was produced by the paper, is into decay. But to prolong the present uncertainty is desirable to have again, and can be reproduced and kept to keep capital and population away and prolong the permanent by renewed inflation; that- therefore we paralysis. Suppose the whole South were in a sort of should cling to the paper as a good thing; that to return anarchy, with all land titles in dispute, assassinations to specie is "impossible" because "there is not gold frequent, and an utter uncertainty prevailing whether enough," and that the "debtors" will be wronged; hence whoever cultivated a crop would be allowed to reap it; resumption takes the base form of a contest between cannot everybody see that idleness and decay would fol- classes and sections as to which can get the better of the low ? The financial uncertainty, while it is impossible others. False money .hurts all, but it especially robs to know what kind of money we shall have and what those who work by the day or week; it is the most per- value it will possess, operates just as effectually as an- nicious thing conceivable for "the laboring classes," archy would to keep capital out, and while capital stays although it tricks them by assuming the guise of friend- out labor '.vill be forced to stay cut also. Certainty, ship. As between sections, none suffers more than the confidence, stability—these are as vital to Southern

South from bad money and none is in prosperity as wholesome air is to the health of the hoSLj more interested t returning to sound finance. The Congressmen who but they will never be had while this inflation agita- voted solidly against resumption either misunderstand tion is kept up; they will follow, but will never precede, and misrepresent their constituents, or else—what is the attainment of the specie basis. .

522 THE CHRONICLE. rvou XXV.

A MUNCHAUSEN IN BREADSTUFFS STATISTICS. developed. The exceedingly mild autumn has been un- favorable to our next crop of winter wheat, on the Atlan- We received, recently, from Kingston, Canada, a tic coast and in the Mississippi Valley, and this fact favors communication which purported to criticise the article a speculation for a rise ; but a very favorable prospect in the Chronicle of the 10th November, on the subject during the winter for the next crop of wheat in Great of "Wheat—Its Position and Prospects." We found Britain may keep trade dull for months, tire out specula- its statements and estimates to be so absurdly extrava- tive holders, force sales, and cause a decline in prices. gant, that their publication could not, in our opinion, The whole discussion is so purely speculative, how- serve any good purpose, and of course did not give ever, that we are not disposed to pursue it. All esti- them place in our columns. Since, however, so repu- mates are open to modifications, from time to time, until table a journal as the Toronto Globe, gives them place, actual results are reached; but nothing has yet occurred with a commendatory introduction, we feel bound to to suggest that any important change should be made bring out the main points in the communication in that put forth in the Chronicle, of the probable of the writer at Kingston, for the purpose of supplies of wheat which Great Britain may derive from exposing their fallacy and preventing them work- foreign countries, for the current crop year, at present ing mischief in the minds of the cursory reader. prices, and under existing political complications. He sets out with the assumption that our estimate importation of wheat and wheat-flour into of the Cateat illonetarn an& (fl-omiuerctal (Siiglts!) Nesns Great Britain, during the current crop year, was much RATBS OF B ICIIMIJB A T liONIIOK AND m LUMUDN too small, and proceeds to make an estimate of the AT LATEST DATES. surplus for export in several countries. He especially EXCHANGE AT LONDON— EXCHANGE ON LONDON. NOVEMBER 16. excepts to the estimate of the surplus to be spared by

1 the United States (including the Pacific coast) and ON— time. RATE. LATEST TIME. RATE. DATE. Canada, forgetting that we have a large and steady Amsterdam . . short. !*.lKfttt.SX Nov. 16. short 12.13 trade to other foreign markets than Great Britain; Amsterdam. .. 3 months. U.iXmiAK ** 25.40 @,3f,.45 Nov. 16. short. 2.i.l8 " " indeed, unless our exports of flour are unusually large, 20.70 ©20.74 3 mos. 20 4b short. 25.15 ©25.25 short. 25.16 those to Great Britain are less than half of the aggre- 25.32# a23.i7.fc KM* 312.27 fc Nov. 16. 3 mos. 119.10 gate; for, of our regular export trade, that to Great Berlin 20.10 820.71 short. 20.46 « Frankfort 20.70 &20.74 20.46 Britain is but a moderate proportion; only when her St. Petersbure *• 23>i@2.!& Nov. !3. 3 mos. 23 15-16 *'%&>*?% wants are excessive are they felt in this market; and we 90 days. E1X&3IM 3 months. 27.97 HfiSMHJrf ** spoke of the probable imports into Great Britain and [email protected]>,> Nov. 16. short. 27.25 "Naples u S7.91X@*.0!H the total surplus which exporting countries may 11 not of 46JJ847X Nov. 14. 3 mos. 4S.15 New York Nov. 16. 60 davs. 4.tOX to spare. In giving some of the figures of this have Rio de Janeiro Oct. 9. 90 days. 243* 11 Buenos Ayres.. Oct. 1. gold. writer, place in juxtaposition the actual imports into " 49K®WX we Oct. 14. 41* Bomoay 30 days. ',s.8K@lS-\Qd Nov. 15. 6 mos. !s.9 S-'.tid. $ rup. Great Britain for the last crop year: " '* [email protected] Nov. 1 ). Is 9}{d. |) rupee. " Hong Kong... Nov. 12. 3». llrf V dollar. IMPORTS INTO GREAT BRITAIN FOR the canada writer s e8timate ot M . •• Nov. 12. 5s. 3d.$ tael. *' TEAR ENDING SEPT. 1, 1877. total exports for year endinq Pernm? Nov. 6. 4s. Nov. 6. * 4s. Where from. Cats. sept. 1, 1878. Alexandria Nov. 14. 93 M Russia 10,608,733 Where from. Cwts.

"United States (incl. Cat ).. . 17,876,697 Russia 13,003,000 [.From onr own corresponaent.] Germany 4,741, 4^G United States (incl. Califor- London, Saturday, Nov. 17, 1877. Prance .. 3,453,003 nia) and Canada 47,0CO,OC0 During the earlier part of the week the money market Egypt, &c 4,131,893 Germany 17,O00,OC0 East India 5,154,875 Australia 7,COO,000 remained in a very quiet condition. Although sovereigns con- British North America 1,439,380 tinued in request for export, chiefly to Egypt, there was no Total 84,COO,000 3,687,453 Other countries [ inquiry for bar gold for exportation, and, consequently, there or nearly 157 million bushels, not I Total cwts 51,148,465 counting the supplies to be drawn was the same discrepancy between the open market rales of dis- or about 95 million bushels. from the East Indies, France, Egypt, count and the Bank rate as existed in the previous week. &c, which, if the same as la^t year, Within the last few days, however, there has been a revival of will s -ell this total to more than 180 millions, or nearly double the quan- the export demand for bar gold, and the New York exchange tity imported by Great Britain last having been quoted at 4 80£ yesterday, the sum of £100,000 was year. withdrawn from the Bank for shipment by to day's steamer. As importing cereal produce very extensively from Surely little may be added to this comparison, to sat- we have been the United States of late, our indebtedness is just now very con- isfy any candid mind that the estimates of the Canada siderable, and, judging from the state o* the exchange, more writer are not worth a moment's thought. When than balances what is due to us on accjunt of our exports, and we take into consideration the Russo-Turkish war, its of the bonds held in this country. The supply of money in the destruction of crops and its interruption of communica- discount market is now much reduced, and some reluctance to tions; the poor crops on the Western portion of the lend is evinced. Hence, the rates of discount in the open market have had an upward tendency, 3$ to per cent being the pres- Continent of Europe, the partial failure of the crop on 3f ent quotation. There is, however, much discrepancy still between the Pacific coast of the United States, and the bare the " outside" rates and the official minimum, and an improve- granaries when the crop on the Atlantic seaboard began ment in this respect is very desirable. Should the open market to come to market, the question whence shall Great rates of discount improve, the present official minimum of belief Britain make good her large deficit is not so easy of 5 per cent will be more effective, but there is no that will become dear. An export demand for solution as those who have listened to nothing but the here money gold may possibly lead to temporarily higher rates ; but vociferations of the bulls on our Stock Exchange may a rise will derive no support from mercantile causes, as imagine. the wants of merchants are diminishing rather than increas- We were careful to remark in our article of the 10th ing. The trade of the country is in fact as slack as it can be,

ult., that we took the situation as we found it, and and the political uncertainties in existence are certainly not forward any improve pointed out the possibility that higher prices may cause calculated to lead the community to look to ment. The year is now far advanced, and the business which an increase of shipments from many sources, and that will be conducted until it shall close is likely to be confined to the sudden termination of the Russo-Turkish war may real necessity. It is, of course, impossible for merchants to trade open up supplies that cannot now be reached. We would boldly, when nearly the whole of Europe is in a state of political further add that some new points have recently been disorganization. The war is still being carried on, and there . : 1 : :. ! ;

12H

to be no hope of immediate peace, although peace rumors seems Nov. 10. Her. 17. tJ. S.I867,8s havt- been circulated during the week. The death of the Pope, uSf lODlft lastiaiM Do rnmled, 5* IBSI ,10- .« H*Vi toe* >ie? fe- winch be announced at any moment, is likely Do 10-40,3* I'M may to be an event JIM .in rn 1 .10* Do funded, 4*s, ls*uad at 103*.;.'.'.'.'.' .'.'.'.'", m 10*1*1 .104 of more than u ° J" ISM 103 10S 1 ,103 Do 1300 J« MS 107 103 I ,107 me a necessity. Do 5s jagg Ml mi 1 I '.in. Do 5* iwi 107 Tlie Bank return published this week is a more satisfactory KM in 1 ,107 Do 3s iges ,107 m 108 1 ,107 statemeu', the proportion of reserve to liabilities having risen to Virginia stock 3s SO S3 Do 6s» S3 S3 41 percent, There has been a considerable return of notes N and Do Now fundel 6s 1906 31 38 w c in from provincial circulation, and although £310,000 had been A1HR1CAN DOLLAR BONDS AND SHAMS. Albany & Susquehanna cons. mort. 7*. Nos.Sfll withdrawn from the Bank for exportation, the stock of gold to 1,300, Inclusive, guar, by Dcl.&IInd.Canal.mi 94 1 98 91 96 Atlauuc s, Great Western 1st M., $1,000, 7s... 1901 II i exhibits a slight increase. The Bank has been doing a very M SI , B Do 3d mort., (1.000, 7s.. 1903 11 18 II 13 small discount business, which might have been expected from Do 3d mort.. $1,000 1902 3 6 8 8 Do 1st mort. Trustees' certificate* > 26 the fact that the competing rate was only about per cent. The M 21 26 3J Do 2d do do 11 If II 12 quotations for money are now as follows Do 3d do do 5 6 3 6 Atlantic Mississippi Ohio, Con. & mort., 7s.... 1905 20 20 , IS do Committee of Bondholders' ctfs 20 30 29 Percent. I Open-market ratos Percent rate Bank S | 4 mouths' bank bills Nominal' Large importations of wheat continue to take place, not only '• Open-market rates: I 6 months' bank bills from the United States, SOaude.o Uys' bills 4 @4V 4 and 6 months' trade bills. '• but also from Kustia. Buyers operate, 3 months' bills 4 nna\ therefore, with caution, and holders have experienced difficulty in The rates of interest allowed by the joint-stock banks and dis- obtaining former prices. On Monday last, the price of town- made flour was reduced as count houses lor deposits are subjoined : much as Os per sack, and bread is now

...... , Per cent. obtainable at a very reasonable price. Joint stock banks 3JO Discount houses at call 3 @ The following statement shows the imports and exports of Discount houses with 7 days' notice a '.','.'. Jf@ cereal produce into and from the United Kingdom since Discount houses withll days' notice SvSi... harvest, viz., from the 1st of September to the close of last week, com- Annexed is a statement showing the present position of the Bank pared with the corresponding; periods in the three previous years : of England, the Bank rate of discount, the price of Consols, m touts. the average quotation for English wheat, the price of Middling 1877. 1876. 1875. 1874. VVTieat Upland cotton, of No. 40's cwt. 13,053,098 7.673,179 14.929.372 10.077.511 Mule twist, fair second quality, Barley 2,6i8,263 .'1,134.202 2,2'5,6.0 3,998.774 and the Oats Bankers' Clearing House return, compared with the 2,545,348 2.475.139 2,142,730 1,787.147 Peas 326,519 260.162 four previous 148.963 132,961 year* Beans 1,075,222 l,0ig,783 8!8,'.o6 531,204 IndianCorn 6,1246056,124.605 9.816,211 5,171.153 1873. 1614. 1875. 1876. 1877. MIMM Flour US1.5M 1,151,371 Circulation—including £ £ £ £ £ 1,817,659 1,101,057 bank post-bills 25,706,023 18,748,494 28,114,117 28,417.378 27,623.551 EXPORTS. Public deposits 4,319.858 8.831,202 3,423,016 3,568,687 8,422,248 STheat cwt. 457,671 232.311 65.6S4 87,344 Other deposits 18,69i',9K) 18.042,559 20,734,518 26,312.0'" 20,SSC.e03 Barley 22.2.H6 4 3.9 6,137 4,445 Government securities. 12,103,582 13.634,658 12,311.095 15,739,297 14.093.600 Oats 33,187 26,441 6\249 21.627 Other securities 19,376,910 17,543,557 11 (! 9,78) 10,302,061 17,631,960 Peas 4,738 5,423 1,860 4,696 Reserve of notes and Beans 6,333 5,321 2,988 481 coin 9,702,026 8,817.719 10,575,447 17,870,558 9,998,592 Indian Corn 8),29l 137.S93 7,569 31.341 Coin and bullion lr Flour 7,812 11,353 8,427 19,551 both departments.... 19,975,156 20,201,674 23,325,997 £0,907.308 12,293,467 Proportion of reserve During the week ended November 10, the sales of home-grown to liabilities 55 p. c. 41 18 p.c. wheat in the 153 principal markets of England and Wales Bank-rate 8p. c. 5 p. c. 3 p. c. 2 p. c. 5 p. c OouboIs 9»V 95 V 95 V 95« amounted to 46,203 quarters, against 48,063 quarters last year English wheat. av. price 61s. 3d. 43s. 9d. 47s. 8d. 48s. 3d. 52s. 5d. Mid. ' and it is computed that in the whole Kingdom they were 185,000 Upland cotton ... . 8 7-163. U-16d. . 6J»d. 6 7-I6d. 6ftd. No.4Cs, mule twist, fair quarters, against 192,500 quarters in 1876. Since harvest, the tdauality Is. 1V3.. Is. OVd. Is. Od. l!*d. 10Vd. ClearinKHoasereturr.13S.197.000 132,t,73,0O0 118,351,000 99,411,000 102,577,000 deliveries in the 150 principal markets have amounted to 537,473

Sovereigns have continued in request for export, chiefly to quarters, against 594,221 quarters, and in the whole Kingdom it Egypt, and latterly there has been more inquiry for bar gold for is estimated that they have been 2,150,000 quarters, against 2,377-, exportation. The silver market has, however, been dull, and 000 quarters last year. Without reckoning the supplies furnished prices have had a downward tendency. The quotations for bul- ex-granary, it is computed that the following quantities of wheat

lion are now as under : and flour have been placed upon the British markets since harvest:

SOLD, s. d. a. d. 1877. 1876. 1875. 1974. Bar GoM, fine cwt. cwr. peroz. standard. 77 9tf® .... cwt. cwt. Bar Gold, lf.077,511 reflnable p»r oz. standard 77 11 .... Imports of wheat 13,033,013 7.613.I79 11,02 >,372 Spanish Doubloons a per oz., nominal. 74 6 ® 74 9 Imports of flour 1,491.311 1.251,371 1.247,651 1,101.057 South American Doubloons peroz 73 9 © .... Sales of home-grown produce 9, 116.2 ;0 10,300.00.) 9,2-29,000 12,012,503 United Sta'.es Gold Coin peroz. 76 5 a 76 6# German Gold Coin Total 23.S62.8I2 19.224.550 23,406,031 23,:2I.04S peroz! 76 3X® .... Exports of wheat and flour. .. . . 4X.483 263,6)7 69,121 108,873 SILVER. d. d. Bar Silver, Pine 53.107.321 peroz. 51 Resnlt B,9'0.S53 2V318.910 2S.U4.in Bar H Mlver. con'ng 5 grs. Gold per oz. 54* Aver, price of Ena:. wheat for season 33ft, lid. 4h». lid. 47s. 4d. 45s. Td. Mexican Dollars a peroz i . Span^h .' received Thursday by Crown Agents for Dollars (Caroius) ".'per i Tenders were on the Five Franc Pieces per oz. the Colonies for £100.000 Straits Settlements (Singapore, Penang Quicksilver, £7 7s. 61. Discount, 3 per cent. and Malacca) Government 4| per cent debentures. The total The following are the current rates of discsunt at the leading applications amounted to £291,600, at prices varying from £98 cities abroad: (the official minimum) to £100 6*. Tenders above £DCl 0s. 6d. Bank Open Bank Open rate, market. rate, markei were allotted in full, leaving £63,500 to be distributed among the » cent, percent. \1 cent, percent Pari. Brussels tende rs at that price. Am«ter4:im sjf 3^ 3 3 Turin, Florence and yesterday for an East Indian railway loan Uiimbarjz 41/ Tenders were opened s Rome 5 4 Benin..:...... ;:;:; total amount applied for was £1,27:1,40). Al) 5 4$ Leipzig 5 4tf for £230,150. The Frankfort 5 41^ Genoa 5 AX tenders at and above £100 10s. received In full, while application* Vleunaand Trieste..,, ife iv Geneva .4 4 Madrid, Cadizand Bar- New York CV@7V at £100 9.1. 01. will receive about 67 per cent of the amount celona 6 f@8 Calcntta 8 Lisbon and Oporto.. 6 5 Copenhagen 6 6 applied for. 8t. Petersburg 8 iyi Kii4ll»U 1«rnel Keporie—Per Ca»U. On the Stock Exchange, business has remained without im- Tiieiaily closing quotations in the inarkeuof Lon inn and Liver- provement. Continental stocks have attracted very little atten- pool forthe past week have been reported by cable, a* shown in tion, while the value of British railway shares has had a down- the following summary ward tendency. United States Government securities have been London Money and Stock Xtirket.—The bullion in the Bank firm, and although the market for American railroad securities of England has increased £742,000 during the week. The Bank has been far from active, the tone has, on the whole, been firm. rate of discount is 4 per cent. The closing prices of Consols and the principal American secu- Bat. Hon. Toes. Wed. Thor. Frl. 13-18 3-14 97 rities Consols for money.. 96 13-16 16 1 i-16 98 13-18 9* 47 V at to-day's market, compared with those last, of Saturday account.. 96 '.3 16 98 11-16 98 13-16 38 15-16 97 3-16 97 V. are 10914 1 sQ subjoined : O.S.6S (5-206) 1867.... MB* 108V 1*H t"V 0.8 10-406 USX 1W4 Wti 108* M6M 106V Redm Nov. 10. Nov. 107 Consols IT. 5soflS31 106* uejf 106V 107 K*H •6*016* 96,s® 96V New4*a KM* 101)4 104* 104* 10134 104« United States.....' ...183! 110 ant 1I0*&I11X Do 5-20. Ifirkt'..—S»e special report of cotton. ...MR i'.j $106. let if(04 Liverpool Octtm — -

521 THE CHRONICLE rvoL. xxv.

Liverpool Breadstujfs Market.— The transactions for the week at the Sub-Treasury have been sat. Mod. Taef. Wed. Thnr. Frl. as follows: s. d. b. d s. d. s. d. s. d. e. d . Recei pts. - Floor (extra Siate) tfbbl 86 f if i 26 6 ?6 6 26 6 26 6 -Payments. Customs. Gold. Currency. Gold. Currency. Wheat (R. W. spring). #ctl 10 4 10 4 10 4 10 4 10 4 10 Nov. 21 $'205,000 $1,212,949 43 $497,813 90 $519,683 94 " (Red winter) " 10 9 10 9 10 9 10 3 10 a 10 9 $279,465 59 " 26 417.000 423,616 78 411,173 47 165,253 93 596,515 " (Av.Cal. -white).. " 11 7 12 1 H 7 12 7 12 7 12 7 77 " 27 fR7.000 371,401 7) 396, 19 i 39 1,015,117 30 7)7,548 59 " (C. White clab)... " 12 10 12 10 12 10 12 10 12 10 12 9 347,000 5,291,7(;0 10 635,666 t9 363,9.9 31 334,413 03 Corn (d.W. mix.) quarter 29 :i 2) 3 29 3 29 3 29 3 29 o $ 29.. ..Holiday .. Peas (Canadian) V auarter 37 31 37 £7 37 37 o 30.. 1,000 441.490 01 797,114 53 431,465 84 1,101,106 61 Liverpool Provisions Market.— Total 11 88 - Sat. Mon. Tnei. Wed. Thnr. Fri. $1,581,000 $7,752,222 $5,738,183 $2,508,310 37 $:1,0 j9,019 59 8. d. s. d. 8. d. b. d. 8. d. 8. d Balance, Nov. 23 100.020,195 66 40.892,681 15 (I Balance. " 30 105,264,416 Beef (prime moss) f) tc. .. 92 n 91 6 91 6 91 91 91 40 40,5.1,792 14 Pork (W't. mess) new Jlbbl 57 6 57 57 57 67 67 Bacon (Peel. in.)newficwt 40 40 40 40 39 6 S9 6 Mobile & Ohio.—The annual report of the trustees and Lard (American).... " 43 6 43 6 43 43 43 43 receivers for the year ending Aug. 31, 1877, will be found in Cheese (Am. One).... " 63 61 8 63 63 64 64 another column. A circular has been issued, under date of Nov. Liverpool Produce Market.— 15, by Messrs. Hays, Pierson & Du Puy, the committee having in Sat. Mon. Tnee. Wed. Thar. Frl. charge the scheme for the reorganization of this company, from s. d. s. d. b. d. e. d. b. d. e. d. which we learn that the carrying out of the Scheme is tempo- Roiln (common)... tfewt.. 53 53 53 53 5353 rarily delayed by the opposition of bondholders represented by " (fine) " 10 10 10 10 10 10 Petroleu.n(reflned)....¥ga> 11J£ 11?i 11^ 11* HJtf HX Messrs. Moras Bros. In order to show the comparative weight of (spirits) " 7% la tH 7* TV4 7yx each party in the pending litigation, the circular gives the total TaJlow(primeCity)..»cwt. 40 S 40 3 40 3 40 3 40 3 40 Z amount of bonds outstanding under the first mortgage, $7,919,920; Cloverseed(Am. red).. " ... — Bplrite turpentine " 25 25 25 55 25 «5 of these the committee hold $7,035,540, or 8884 per cent. The contestants, who have.carried the case on appeal to the United London Produce and Oil Markets.— States Supreme Court, represent holders of $176,000, or 2'22 per Sat. Mon. Tues. Wed. Thar. Frl. cent. While the balance belonging to parties who have £ 8. d. £,. s. d. £ 8. d. £ 8. d. £ 8. d. £ e. d. not Llns'dc'ke(obl).^ tn. 9 00 900 900 900 900 900 joined in the scheme nor in the litigation is $708,380, or 8'94 p. c. Linseed (Cal.) $ qnar. 53 6 51 54 51 54 54 The schedule complete states the principal amount of the secu- 8ugar(No.l2D'chBtd) rities held by the committee at this date as below past due cou- onspot.tfcwt 25 6 85 R 25 25 85 25 ; 8permoil Stun. .76 76 76 76 76 "6 pons on same being also in the possession of the committee. ?6 Whaleoil " .36 86 36 30 36 Total Amount in Per cent 15 29 15 29 10 29 6 29 5 21 5 Linseed oil. ...O ton 29 u amount hand* of of total outstanding. committee. amount. First mortgage and interest bonds.. $7,919,920 $1,015,540 88 84-100 Commercial anb iltisceUaiwoue Nevus. Tennessee substitution bonds l,6f8.C01 1.5-18,000 95 2-10 Second mortgage bonds 1,451.207 1,052,439 72 36-100 Convertible bonds 534, (30 410,525 89 87-100 Imports and Exports for thb Wbbk.—The imoortB last week showed a decrease In both dry goods and general Totals $11,575,777 $10,156,504 8i 65-109 merchandise. The total imports were $4,718,585, against Western Real Estate Mortgage Loans.—In regard to the re- discussions safety investments in $5,567,579 the preceding week and f4,772,31l two weeks pre- cent as to the of Western mortgages, some of the prominent agents at the West (eel much vious. The exports for the week ended Nov. 27 amounted to aggrieved at the articles of the New York Times and other papers $7,424,413, against $0,503,061 last week and $7,433,449 t ], e pre . following its lead. One of our subscribers and advertisers, Mr. vious week. The exports of cotton for the week ending Nov. 28 A. O. Burnham, of Champaign, 111., who has been engaged for over fifte?n years in making loans on Western property, sends us were 15,127 bales, against 13,804 bales ihe week before. The fol- a circular containing the following sworn statement of the actual lowing are the imports at York tor week ending (foi dry New results of the business of his agency during that time: goods) Nov. 22 and for the week ending (for general mer- STATEMENT. chandise) Nov. 23: Total amount loaned on bond and mortgage from 1S61 to November $\Mr,,478 FOREIGN IMPORTS AT NEW TORE. FOR THE WEEK. 20,1817 The entire number of foreclosures during this time is 60, amounting 1874. 1875. 1876. 1^77 to 11.1.978 Drygoods $1,281,971 $191,308 $1,015,696 «770 219 Forty-three of these foreclosures were m-ido by peremptory Sale under General merchandise... 4,911,'i 18 2,191,411 'S,5)i,2i2 S.lnSSlid trust deed, and brought the amount of the loan, and in many cases consider- ably more. Total for the week. $6,198 752 $2,983,719 8 1. 576.81 S $4,518,595 Ten foreclosures were made through conrt as provided by statute in case of Previously reported. . .. 351,430,010 595.013,361 251,8)2,119 236.9CS.433 th" death of the borrower, on which redemption as permitted by law h :s not expired, ami wbU-b will probably be redeemed. In seven only of these fore- 1 Since Jan. {3)9,621792 i2Jr.9l7.110 1258.409,311 $291,627,021 closures, the property mor'gaged was bid in by the lender, three < f which can In our report of the dry goods trade will be found the imports be c'os.d out at a profit, two for the indebtedness due, and on two there will probahlv be some loss. of dry goods for one week later. .U.hn It. T revett. of the firm of Burnham, Trcvett & Mattis, being first, duly The following is a statement of the exports (exclusive of specie) sworn, upon his oah, says the above statement is true. Joun R. Tiucvett. from the port of New York to foreign ports for the week ending Subscribed and swoin to before mc this SOih day of November, A. D. ^77. Charles E. Baker, Notary Public. Nov. 27: [l. e.] " EXr-ORTS FROM NEW TORK FOR TUB WEEK. Mr. Burnham then remarks : The above statement is the 1874. 1875. 187.1. 1877. actual experience of one loan agency during a period beginning Fortheweek $3,911,057 $5,519,647 $5,S71.740 $7,121,413 when real estate valuations were inflated to correspond with the Previously reported.... 256,158033 222,710,132 235,650.721 2:6,866,2:11 depreciated currency of the country, and contintrng until such

SincoJan. 1 $260,141,14") $216,230,129 $211,513,161 $161,739,704 valuations have reached a gold basis.. It is believed that this The following will show the exports of specie from the port ol statement will compare most favorably with the experience of New York for the week ending Nov. 24, 1877, and also a com- any firm or corporation in tie Eastern States for the same num- parison of the total since Jan. 1 with the corresponding totals ber of years, and volume of business, and will refute the charges the for several previous years : in paper mentioned." past of unparalleled depression have net caused Nov. 21—Str. Bothnia Liverpool Amer. silver bars. $10,100 The years

For. siver coin.. . 1,501) such a shrinkage in values of farming lands as to endanger the Nov. 22—Str. Ilerder London Amer. silver bars. 64, '03 security on loans judiciously placed, and during all this period Nov. 24— Str. Baltic Liverpool Amer. silver coin. 1 COO good larms have been in demand and selling at substantial Total for the week $76,500 prices. During times of general depression like the present, Previously reported 24 952,892 lands in rich agricultural distiic's depreciate ltss than other classes of property, as tteir products are necessities and must Total since Jan. 1. 1877 125029,392 command a market, while manufacturing and other industries Same time In— Same time ia 1876 f43.OS0.H5 1870 $54,738 294 are idle. 1875 67 299.149 1869 30316.340 give notice in our to- 1874 40.21S.496 1863 69,123,685 —The Texas & Pacific Railway Company 1873 46.886.S95 1367 45.009:-9 day's issue that the coupons of the consolidated mortgage bonds 1872 67,561,700 1866 1.8,568443 of their road, due December 1, 1877, will be paid in gold, on and 1871 60,157,217 after that date, on presentation at the Fanners' Loan & Trust imports of specie at this port periods The during the same have Company, in New York, or at the office of the company in been as follows : Philadelphia. Nov. 20—Str. Canima Hamilton Foreign gold $1H2 Nov. 20—Sir. llaltic Liverpool U.S. gold 40.<9-l — Attention is called to the card of Messrs. E. S. Jemison & Gold bars 119,5-2 Co., Bankers & Cotton Factors, which will he found on the last Nov. 20—Str. Donan Bremen Gold bars 145,095 page of the CllliONICLE This firm has extensive connexions Nov. 21— Str. Alps Colon D. S. gold 800 U. S. silver 850 with the South, and particularly with Texas, being successors of Gold dust. 675 the well-known firm of Moody & Jemison. Nov. 21—Str. Claribel Kingston, Ja 1-orei.u gold 1,is5 Nov. 21 Str. Saratoga Havana — Foreign uold... . 2(,140 —The St. Louis Iron Mountain & Southern Railway Company Nov. 21— Str. City of Vera Cruz.. Vera Cruz Amert silver 10,001 give notice that they will pay coupons due December 1 "n ii of S-. Louis Total for the week $361,017 certificates and 50 per cent of coupons due same day Previously reported 12.935,011 & Iron Mountain (Arkansas liraticb) Railroad bonds, and of Cairo Arkansas & Texas Railroad bonds. Total since Jan. 1, 1<77 $13,596,013 established himself at 4(1 and 42 Same time in — * Same time In— —Mr. O. L. Schlesinger has 1876 |l(,I90.8iB 1871 $3,428,905 Broadway, in the general railway supply business. Mr. Schlea 1875 11,1178.828 1870 11,387.651 inger has had a long experience in his particular line, ami invites 1874 .. . 3.619.794 1809 H.876.85S the attention of all parties desirous of service in that branch of 1873 !7.:: 8,927 1868 (..701,115 1872 5,(61,914 1867 80.'2,6!0 business. .

MIlKK I, 1S7T. I INK rnmitfiCLK 526

Closing prices of securities in London have been as follow*:

\ , \ nial Hanks organic -d daring the past week.

V. 8. 6s, 5-20». 1867 . los* I liny 2". . ire June 108V i 110* Feb. S

. 10 Ms 1084 ;»» Feb. I» I V I l> I. \ li s . t New 5« July 11 owln* dividends havo recently been announced : , , err cents . I 1014 »«» II lo»S Anir. 7

win v . Bo stato and ICallrond Bond*. — Southern State bona* while Nake of CoMrANT. Cent. iP'ahi.i: (Days Inclusive.) maintaining tloir prices have not shown ns miicli activity. South TOl*rcllnneoua. Carolina conjoin have been strong at 60}W(i"l. with salca up to lain Coal ' 8)4 Doc. 10 Nov. 30 to Dec. 10 " the latter BgUr*. Alabama consols, class A," »ro >| noted at 4ii;ii44. and the 5 per cents at 70975. Louisiana consols are FltlUlV, NOVE.HBER 30, 1877-5 P. IB. about 87J. Tennessee's are stronger on the hope that the 00 per Tlie .Tinner Market and Financial Situation.—The pend- cent sealing compromise will be accepted by the Legislature. Virginia bonds are relatively among the weakest of the Southern ency of the Silver question in Congress, with its ultimate result list, and the coupons, which are usually In demand a: this season, still uncertain, and the occurrence this week of the Thanksgiv- meet now with very little inqnirr. North Carolina special tax lug holiday, have conspired to make business dull. The volume bonds sold at the Board today— $120,000 of them—at 2 j, and old bonds at of transactions at the Stock Exchange has been near a minimum, 20}. In railroad bonds there is a fair business with decidedly firm the of the active is hardly and curing balance year an market prices. There has been a growing confidence in railroad bonds, expected. Money grows perceptibly easier, and to the heavy and a gradual strengthening in prices for some time past, and it government bond dealers the banks and other prominent lenders is probable that there is more or less speculative interest in the market. Small operators find it safer to take a "flyer" in rail- have voluntarily reduced their rate for call loans to 4 per cent, road bonds, having the assurance of receiving interest, than to at this rate to offer. collaterals the and have plenty On stock carry non-dividend paying stocks and hold them for a rise. ordinary rates have been 5@8 per cent, with exceptional transac- The Canada Southern liailway Company reports that they have tions at 1 and 7 per cent. already received over $4,000,000 bonds (old 7 per cents) to be exchanged for debenture certificates, which entitled the bolder In referring last week to the bank failures at Chicago we acci- to receive after January 1, 1878, new bonds guaranteed by the dentally wrote "Northwestern" instead of "Third" National New York Central & Hudson. The receiver of the Long Island Bank, thus doing great injustice to one of the strongest institu- Uailroad will pay the interes*. 'due since September 1 on the Railroad tions of the Northwest. We hasten to correct the error, and bonds of the Smith; own & Port Jefferson guaranteed. Messrs. A. U. Muller & Co. sold the following at auction: trust tint it was too palpable to mislead any one. The vote of SHARES. SHARES. the shareholders of the Tenth National Bink of New York hav- 32 Natl iral Fire Insurance 1114 10 Star Fire Insurance 115K ing terminated the active business of the bank, the details of its lti Arctic Fire Insurance tin 17 Jefferson Fire Insurance 141 20 Safeguard Fire Insurance 120 600 Bronx Wcol * L-.aher Co.. . 63 winding up will be attended to by the Cashier, Mr. E. A. Bliss, 40 Amity Insurance 70 76 Butchers' & Drovers' Bank.. 106 Amity BO^DS under the direction of the Vice-President, Mr. Eufus Story, and 20 Insurance 70 10 Park Fire Insurance 120 $25,000 Montclalr * (Ireennood the Board of Directors. The deposits have been drawn down to 20Jersey Insurance.... 95,* take RR.letM.bds, due 19C6 .33-35 about $75,000. Tlie circulating national no'es. amounting to 10 Star Fire Insurance 122 5,000 Second Av. Hit cons. conv.7a 924

8 Guardian Fire Insurance. .. . 81 2,000 Second A v. RR. cone. conv. 100, are protected by United States bouds in the hands of 10 Turk Fire Insurance 1204 7s, dno 1888 9IX the United States Treasurer at Washington, to the amount of 000 Closing prices of leading State and Railroad Bonds for three Tlie. Bank of England, on Thursday, showed an increase in weeks past, and the range since Jan. 1, 1877, have been as follows: for the week of £742.000, the psr cent of reservo to liabili- Nov. Nov. Nov. , Mi.ce .Jan. 1, 1S-.7 , ties being 17, against 44 7-1G the previous week. The mini- STATE9. 16. a. 30. Lowest 1 Highest mum disc Hint rate was reduced to 4 per cent from 5, the previous tat 46% 48 42!» Feb. 28 <8X Nov. 30 figure, Tlie Bulk of France lost (S,5J0,000 francs in the week. •46& •46« •46* 42 Feb. 28 47H Nov. 27 •18* 19 If S0S« 16^ Oct. 25 Jan. 6 Tlie last statement of the City 22H New York dearing-House ; Vlrg ii)a lis, consol •12 •12 SiH April 2 S2J4 Apr. 2 * banks, issued November 24, showed an increase of $044,050 in do do 2d series... 44 ti ii 38 Jan. 16 45 Apr. 11 1 the excess above their 25 per cent legal reserve, tlie whole of such Missouri 6s, long bonds «i06>i, 107, ; 104 Jan. 23 10!i\i June 5 \'.\V> »:»>, 71 Jan. 2 80 June 21 District ol Columbia, 3-656 *UX 74* j excess being $40,058,875, against $9,714,825 the previous creek. Railroad-*. ' following The table shows the changes from the previous Central of N. J. 1st consol. .. m% •67 •66>i] 50 Mch. 5 85 Jan. 5 4 Central gold . . Oct Junell week and a comparison with the two preceding years : Pacific 1st 6s, 'VXH 108X I07XI105X 110>i 7* Nov. Chic. Hurl. & Qolncy consol. HIS •118 . 1124101 Ilea, 6 1UJ4 27 . — 187?. , 1STB. 1875. Chic. A Northweet'n, cp., gold 94% OiJV 9ti,S, 80Jf April 11 90S, Nov. 21 Not. IT. Nov. 21. Differences. N v. 26 Nov. 27 Chic. M. * St. P. cons, a f.l, 7s 98 93K 93'i 78 Jan. 28 '.Sti Nov. 30 Loan* and dl". J»7R,510 SS57.4S1 8271,910,2 M0 Chic. R. I. & Pac. 1st, 7s •I07K 'Mi ,'lo-i 106 Feb. 28 112 June29 Specie i9.4W.S0O 19,767.801 Inc . 311.000 &\nH,!M I0.2G2.5ln Erie 1st, 7s, extended .... »1!0 '110 109 Jan. 17. 115 June29 CJrciilatlnn .. 17.su. wki is .-, >;) mi Inc . 235,610 1.V82.700 KW.1 (I July 102 10 LakeSh. & Mich. So.2d cons.cp *98>s I 101 ..... 98 17 May deposits.. !> .-. rj '' Net 2'i ; ii 201.93! \ Michigm Central, consoU 7s... ICoJil 1<5,* ' Oct. 31 Mat tenders. 39,332.8.10 80,919,310 Ino . [88,400 43,210,400 47,036\90J Morris ,t Essex, 1st mort •IIS *lllk »llj 113 lei). 1< IIS June 7 *12) '114 Mch.*5I21 May 24 United states Bond* There .>T. Y. Ceii. & Hud. 1st, coup... 121 1193* — has been a firmer tone in '.'.1 Juno 28, Nov. 30 Ohio & Miss., (or.s. sink, fund •i'5Xl 91 . 99 B1U government binds this week, and some g od purchases have Pitisb. Ft. Wayne * Cliic. 1st 118 kin 120 117 .Inn. 't 128 June28 >>4 Mch. been made by corporations—probibly with tlie purpose of St. Lords A Iron lit, 1st mort 1014 »102»i 22 1II3V July 12 Union Pacific 1st, fis, gold li'BJal 107H I07S103 Jan. 9 108KJnnelS aliening their position in anticipation of tlie January do sinning fund... aw 95« 92X Mch. .11 :«% Feb. 6 statements. The bankers who usually bring in most of the • This is the price hid: no sale was made at the Board. bonds brought hero from London, have been doing little or nothing, and the demand for bonds has been satisfied from the Railroad and Miscellaneous Stocks.—The stock market heme supply. has been rather sluggish, with prices tolerably stead/. The Closing prices here have been as follows : Northwestern stocks are well maintained on the prospect that Nov. Nov. Nov. Nov. fov. Nov. the directors will declare, at their meeting on Monday, a dividend Int. period. 21. 26 :-0. 27. 28. 29. ler cent on the preferred stock. The statement of earnings I reg.. .Inly. Jan. « HOJi *lin»i 110'J *110?» •110?,' will show a largo sur- «'• I**' for the six months, June 1 to December 1, coup., .'an. & July. 110>4 llj.'i 110;i *110JK lltiJi Called bonds plus over the $752,500 required to pay such a dividend. There is 6s, 5-208, 1865, n. i...rcg..Jan. & July. 1061$ »1P6!< 106U "lOn'-i *:ot,',- some discussion from time to time as to the pooling arrangements 6i,5-!0s.l8t;5,n.i. .coup.. Jan. July, loo 1*' & 106* 100* 106K 106!i between the trunk lines, and reports have again been circulated 6i, 5-2ltt, 1867 reg.. Jan. & July. •lOSJi M08i *109 MOII *109>,' 6s, 5-2»s, late of the roads, particularly the Grand Trunk of 1867 coup. .'an. 4.July. 108?f 109 109',' 109* 109 hi of ihat some 6s,&-20s, >» lsss. ... res .. Jan. & July. «110.tf 110 ',' 111 *lll' •111 Canada, were " cutting" rates, but wo are unable to learn of any 6<, 5-208, 1863 coup. .Jan. * Jaly.*110« 'HOtf *J10?i *111 •o i:r., tuo trunk-line managers, and Ss, serious disagreement among !0-40e re?. . Mar. & Sept. '108 «108 105!,, MH 108 * likely to break up their c mpact 59,10-40s coup..Mar.&Sept.»10.8>i "108* •108)4 1084 108^ conclude that they will not be 5s, funded. 1881 reg..Qusr.—Feb.«!06J» V8'i 'itfi'i *l06Ji 107 just as navigation closes. 5s. funded, 1881... coup.. Quar.—Feb. 106'-i 10bJ£ loVj 106T< 106« the auction sale of coal this week prices were rather lower ***, 18»1 At reg.tjuar.—Mar.M04*f *1044 *I0«>6 •1U4;; J IN* than in November, but without much effect on the coal stocks, <4'. 1891 coup.. Qoar.—Mar. 105Stf 105Jtf *!C5.5tf 105* 105>f anthracite coal 48, resist red. 1907 Quar.— .Ian. 102* *l02»i M02X 10!?* lOiW aud there have again been rumors of another mI coupon Quar.— Jan.* 102 Ji *102*i lO'-'i »Vati (CSV combination. 6*. Currency .. ..res;.. Jan. * July. 122 181* 12J •121 •121X tlie market showed some weakness, and Lake Shore •This is the price bid; no salt was made at the Board. To-day, was particularly noticeable for a decline from 61J at the opening to The range in prices since Jan. 1, 1877, and the amount of each relatively large on a 63J at the close, on sales which appeared class of bonds outstanding Nov. 1, 1877, were as follows: reports that some of the dull market ; there have lately been were quietly selling out. ,—Rang* since Jan. 1, 1877-, . Amount Nov. 1.--- 111 mbers of the pool Lowest. Highest stocks were as follow* : | Registered Coupou. Total sales of tue week iu leading 64, 1881 ...res. IOS4 Oct II IV Jan. 17 1194,021, • • r Vlch. Del. L. Del. 6s, 1881 .coup. 10 14 Oct. 111'. .May S6 B8.7I4 55 Norlhw. Lake West'n St. * W. Krie. Hud. «». 5 20g,1865, new .coup, S04TJ Oct. l\ >t"V 78.02 1.150 raf. Shore. Union. Panl. Cent * 8,5(4) 400 16,225 1/00 6s, 5-20s. lsii; .coup, lOfiJi Oct. 144 M-iy 212.111.'..'.) Nov. 24.. 4 710 20,2 3,00 2,700 " 5.'J» 1,200 S6.S10 4,800 8,580 -08,1863. .. .coup. 10 IX Oct. 1174 Jan. n,7u,aoc " 20 '" 7 230 46,010 14.550 5s, Id- Ills .. H4.2I0 25,000 4.4 1.800 87,817 1.4U) . " 8,500 . reg. \0«H Oct. m«Jan. 112,515.15) 27. Ss, 10-lu- coup :nr-. Oct 114;; Feb. " M 11421 51,715 14,210 8.100 1.400 6.280 800 1,510 »q' .'. 5s, fnnded, 1;81.... coup I08U Oct I12S lau 819,410.850 283,<00,OUO Holiday 80.'.'.'.'.'..'.'.'.'.'.' 28,1C0 7,100 2.000 15,815 8,800 44", 1881.. ,,r»g. 103'f Oct. «Jtuy 115,590,400 " 7,6 5 61,331 MB 4tfs. 1891 coup. in::', Oct 109 May 84,400.69 4e. 1!'07 216775 Tl.050 8*500 6,500 102,2 7 14,010 9,722 . re,-. 10! Oct. lc6 July 24 44.27.1.000 10,7:0.000 Total 89,429 6 s. Currency 18' ..reg. ISO* Oct. 12>i July 6I.64S.512' Whole stock 216.963 491,665 837.874 153.992 187,882 624.000 780,000 200,000 X .. X ' 1 ... . )

526 THE CHRONICLE. Vol. XXV. I

The total number of Bhares of stock outstanding is given in Xbe Gold Market—Gold has changed very little since our the last lino, for tb.o purpose of comparison. last report, when it had already declined on the'prospect that the The daily highest and lowest Drices have been as follows: Silver bill would probably be vetoed by President Hayes. The Saturday, Monday, Tuesday. Wednes'y, Thursday, Friday. principal point in the market this week ie the notice from the Not. 21. Not. 26. Not. 27. Not. 28. Nov. 29. Not. 30. Secretary of the Treasury tbat he will sell $1,000,000 gold in this At. & Pac. Tel. "23 21 *23 23V •22 21 23* 23X 23* 23* ".... city to-morrow, December 1, to be paid for in legal tenders. Central of N.J '113, 11* 18 13 V HV 13* 13% J *.... 14% It Chic. Burl.&Q «102x 102* " 102 V 103 % M02X 102V 102K 102)4 is reported tbat the object of this sale is to procure legal tenders, C. Mil. & St. V. 3>X 36k' 35X 36 31V 85V 35V 33=4 85* 86* to bj canceled against the late issues of do pref. 71 71 70* 71 a 7034 71 70V 71V 70V 71* new national curreacy to Chic. North. 4 86* 873$ 36* 37 Kyi S6X 86S 37* 81* 36V national banks. On gold loans the rates were | and 1 per cent do pref. 67!» 65* 67% 6iX 66 67)4 66 67 66V 65J» for C. K. I. & Pac. IOC* 101 100 n 101 100-j I:ill» 100)4 101 99* 100* carrying, and flat to 2 per cent for borrowing. Silver was Del.&H. Canal 46K 47X 47* IS* 17 47V 17 43 47 47* quoted in London at latest advices at 541. per cz. Del. L. & West 49% 50K SO.* 61 5 IK 50 50 V 50* 51* 50X The following table will Brie 9M 9% 9X 9« 934 934 9V W U* 10V show the course of gold and gold Han. & St. Jos 13H UX 13 13 12 V 12 V 12* 12* 12* 12* clearings and balances each day of the past week: do pref. "S9Ji .... 3934 29V 2S!,' 29 29 29 ma 2a Harlera 14; 147 ».... 14S ... 143 '.... 147 8 145* 145* Total , Bala nces. III. Central... 74 7t!< 73K 71 W% 73)4 73 * 71V 7iV 73 , Op'n Low. High Cloa. Clearings. Gold. Currency. Lake Shore... 66 >i 67 X >5X 67 61)4 66 61* m% o 62* 64V 8aturday, 24 ... 102 Michigan Cent 6:% 63* (li'a 6o>4 60V 6234 60* 61* a 59V 61 Nov. % 102!-, «W% 102% $20,001,000 J1.9I 1. 8F5 .52.09:1.329 Morris Monday, '• 2D 102 &Essex 75^ 75^ 79 76 X 75)4 76)4 7'V "5V 75V 75* '.J 10;% tin 103 16,937,000 1.582,901 1,568,958 N.Y.Cen.&H.R W.% !07-i 106J4 ion« 105J4 107 106* 106V 106* 107 Tuesday, " 27.... 102% 108% 103 113 13,290,000 1,201,103 1.239.923 Ohio & Miss... 9St 9 9« 9 9 " «9X 8V 9 9* 8V Wednesday, 23 103 102% 103 102% 14.561.00r l,17i',125! 1,839,536 Pacific Mall... -iSa 2SX 23 23% 22 V 23* 22 V 22 V 21* 22* Thursday, " 29.... Tha nksg iving I • 12*1 *.... Holi day Panama — 126 125 125 •121 126 "12 1 126 Friday, " 30.... 102% 103 102 Wab.P.C. R'ts •IS IS* 16 16X 15V 15X 16 16 16 16 102% , 17,874,000 1,181,183 1,731,239 Union Pacific. 66V 67 - 67X C7% 67 67 •36V «* West. Un. Tel. '&!i 79 7S 79 77* ;><% 77V 7834 7* 78* Currentweck 102% BW< 103 102% i 83,666,000 Adams Exp... "95 Vt 97 97 •93 9J •9i 97 j 95* 95* Previous week 102* 102', 108% 10*% 120,458,003 1,330,813 American Ex. 49 50 50)4 50 50W 50 50 4')* 50 51V Jan. 1 to date 107* 102* 107 V. 108% United States. &% 47 47 48 47 47 Mi •46 47* "Wells. Fargo .. *35 •.... S7 67 87 87 67 87 87 67 The following are the quotations in gold for foreign and Qulcksllve...... "17X "V '.... 18 nx 17% «.... 17* «.... 19 do pref. *31 35 '•33V 35 •31 ..„ «.... S3 *.... S3 American coin: * This Is the price bid and asked ; no sale was made at the Board. Sovereigns $ 1 84 @ $4 S3 Dimes & half dimes — 96%@ — 97% Napoleons 3 84 @ 3 83 L age silver, %s&*s — 98%@ — Total 97% gales this week, and the range in prices since Jan. 1, X X Reichmarks 4 74 @ 4 80 Five francs — PO @ — 93 X Guilders 1876, were as follows: 3 90 @ 4 10 Mexican dollars. . . — 92 @ — 94 Spanish Doubloons. 15 65 g 16 t5 English silver 4 75 (a 4 85 Sales Whole Mexican Doubloons 15 50 @ 15 60 Prussian sitv. thalers — 65 @ — 70 ofw'k. ,—Jan. 1, 1877, to date. year 1876. Fine silver bars 117 Js 117J4 Trade dollars — 96%® — 97% Sluices Lowest. Highest, Low. High Fine eold bars par^%prem. 25' Atlantic & Pacific Telegraph . . 303 151.4 Feb. 3 Mch. 14% 22 Exchnnsc Foreign exchange has been irregular, Central of New Jersey 15 6 June 11 37% Jan. 20% 109% — somewhat Chicago Burl. & Quincy 801 94 Mch. 19 118% Jan. 112% 121% and rates of leading drawers are more than usually in advance of Chicago Mil. & St. Paul 28,500 11 Apr. 12 42*" Oct. 18*4 46% the pricrs on actual business. The bond importers have done do do pref... 20.S13 40% Apr. 23 73% Oct. 49% 81* very little this week, and thus the demand from an important Chicago & Northwestern 21,(140 15 Apr. 13 43% Oct. 31% 45% quarter has been lacking. do do pref... 39,4.1!! 37% Apr. 23 69,* Oct. 55 % 67% To-day, the nominal rate for demand Chicago Rock Island & Pacific. 3,820 82% Apr. 23 105% Oct. 98%llll% sterling was reduced by the prime drawers to 4.85. The Bank of Delaware & Hudson Canal 9,722 25.* June 13 125 74% Jan. 61)4 Montreal has its rate for 60-day bills at while the other Delaware Lack. & Western 102,217 30% June 11 77 Jan. 64 120% 4.8H, Vi prime drawers are asking Erie 14,00 4fj Apr. 2 15 Oct. 7% 28% 4.S2. Actual transactions are made Hannibal & St. Joseph 1,010 7 Apr. 17 15% July 10% 22*4 at 4.81@J, and for demand at 4.84@i. do do pref 900 17 A or. 17 33% July 18% 33* In domestic exchange the following were the rates on New Harlem 330 135 Feb. 19 147 Nov. 130 H 145 York at the undermentioned cities to-day: Savannah, buying Illinois Central 4,130 40)4 Apr. 2 7:1 Oct. 60% 103% Lake 3-10 off, selling Shore 248,475 45 Apr. 23 7334 Oct. 48% 6854 J ; Cincinnati, quiet and firm, 100 discount, Michigan Central 6,300 35% Apr. 2 74)4 Oct. 34X 65% selling par; Charleston easy, buying l-5@3-16 discount; St. Morris & E-sex 6,570 51V June 18 92;^ Jan. H4 106 Louis, 1-10 discount; New Orleans, commercial dis- N. Y. Central & Hudson Elver. 6,768 85& Apr. 23 109i£ Oct. 96 117% f, bank f Ohio & Mississippi 1,880 2;/, July 7 11 % Oct. 5 24% count; Chicago, 25 to 75 premium, and Milwaukee par. Pacific Mail 2,500 12;; Apr. 3 26% Aug. 16% 39* Quotations for foreign exchange are as follows: Panama 187 80 Apr. 3 130 Mch. 122 140 Wabash Receipts 809 Vt June 30 2)% Oct. -Nov. 33- Union Pacific 695 59)4, Jan. 15 73 Mch. 57% 74% 60 days. 3 days. Western Union Telegraph 83,060 56 Apr. 4 84« Sept. 03% 80% Prime bankers' sterling bills on London 4.8t%!&4.S2 @4.S5

Adams Express 14 91 Apr. 23 li 5 Jan. 100 Good bankers' and prime commercial I 4.81 (g.4.81% 4.84%@4 85 American Express 814 43J4 July 3 60% Feb. 55 Qood commercial 4.80 @4.80'/j 4.84%@4.85 United States Express 951 3li Apr. 27 59J£ Jan. 49% 76% Documentary commercial 4.78 (&1.79 [email protected] Wells, Fargo (francs) & Co 133 81 July 25 90 June 79 91 Tans , 5.26%@5.19% [email protected]'4 Antwerp (francs) 6.2.i%®5.1»% 5.21%@d 17%

Swiss (francs) , 5.26%@5.19% 5.21%@5.17% The latest railroad earnings, the totals Jan. and from 1 to latest Amsterdam (gn ! 11 f; 39%® 40 40 ® 40% dates, are given below. The statement includes the gross earn- Hamburg (reich:n - -a- .. 93%(& 94% 94%® 95 ings of all railroads from which returns can be obtained. The Frankfort (reichmarks 1 .. 93 %@ 91% 91%® 95 Bremen (reichmarks) 93%® 94H 91%® 95 columnB under '* the heading Jan, 1 to latest date" furnish the Berlin (reichmarks) 93J,'® 94% 94%® 95 gross earnings from Jan. 1, to, and including, the report mentioned in the second column. Boston Ilauka The following are the totals of the Boston b nks for a series of weeks past:

/-—Latest earnings reported , Jan. 1 to latest date. Loans. Specie. L. Tenders Deposits. Circulation. Agg. Clear. 1877. 1S76. 1877. 1876. « S S $ * t Atch. Top. & S. Fe...2d week of Nov. 2?93,G23 |8,2C3,7:0 859,618 {2,168,441 July 2. 111,088,200 1,934,200 7,12-1,200 52,517,403 23,104,300 43,810,089 Atlantic & Ot. West.. Month of Sent.. 677,409 312,767 Julv 9. 131,H50,000 2,429,500 6,316.700 53,736,103 28 672,100 51,514.098 Bur. C. Rap. & North. 3d we.k of Nov. 30,673 22,137 1,0.2.775 1,005,539 July 16. 13 :,442,230 2,3!8,7'0 5,718,700 52 379,900 23,103,8)0 49,310,016 Cairo & St. Louis 2d week of Nov. 4,100 208.V71 5,372 237,731 Julv 23. 131.378,800 1.947,700 5,725,300 51,2)0,000 23,502,200 45,485,814 Central Pacific... Month of Oct... 1,698,000 1,868,066 13.732,107 15,024,233 July 30. 129.841,800 1,753,030 6,008.900 50,450,3 23,410,900 39,003,999 Chicago & Alton 3d week of Nov. 102.438 107,612 4,050,896 4,506,666 Aug. 6. 129,167,500 1,763.1(0 5,9:38,700 CO,9S7,500 33,846.800 43.111,316 Chic. Burl & Quincy.. Month of Sept.. 1,363,310 1,24',122 8,304,-22 8 791741 Aug. 13. 128,787,400 1,827,110 6,359,300 49,845 300 23,500,600 83,08 3,088 Chic. Mil. & St. Paul... 3d week of. Nov. 216,000 177,793 7,2C5,40O 7^234,631 A'ig. 20. 129,311,700 1,693,500 6,416.600 49.454,000 23,475,300 39.561,014 Chic.& Northwest.&c.Montb. of Oct... 1,598,776 1,543,051 . .. Aug. 27. 128,971,300 1,6 8.700 6.619 500 49,003,600 83,7X0,600 36,250,619 Chic. R. I. & Pacific. .Month of Sept.. 798,*77 6d3,910 5,336,663 5,158,936 Sept. 3.. 128,839,900 1,787,800 6,761,50 49,861,700 88,338,500 31,057,727 Clev. Mt. V. & D.,&c..3d week of Nov. 8.357 7,012 344,441 336,845 SeDt. 10. 129,092,200 2,151, '.'00 6,662,100 49,5r;7,500 23,524,090 41,-2)7,481 Denv.& Rio Grande... 2d week of Nov. 19,232 10,675 661,827 401,817 Sept. 17. 129,162,600 2.261,200 6,767,100 49,513.8 88,546,300 41,842,001 GalT.H & S. Antonio. Mouth of Sept.. 110,372 116,543 . Grand Trunk . Sept. 21. 183,782,900 2,375,0(0 6,819,300 49,146,700 23,421,400 4 1, 020, -280 W'kend. Not. 17 211,106 19.3,858 8,236,356 8.322,005 40,8;7.5G5 Great Oct. 1... 128,819,900 2,437,003 6,430,300 48.830,300 23,341,030 Western W'kend. Not. 16 91,335 73,864 8,418.606 3,5 ',6 982 Oct. 8 .. 123,117,100 2,267,200 5,811,900 49,458,400 23,808,0 6'3,175,09S Hannibal & St. Jo.... 3d week of Not. 43,000 36,240 1,834,310 1,691,719 Oct. 15. 187.402,700 3,119,00) 5,427,100 43,339.800 23,987.700 47,046,262 Hou6t'n & Tex. Cent. Month of Oct... *3 11.04J 377,340 Oct. 22.. 121.352,890 2,210,6'M 5,505,000 48,427,800 24,687,000 50,592, H9 Illinois Cen. (Iil.liue).. Month of Oct... 538,367 526,247 4,209,477 4,565 178 Oct. 29.. 126,497,500 2,459,600 5,947,800 4-!,770,8CO 83,949,300 44.510,414 do (Leased lines). Month of Sc-pt.. 191,239 127,698 Nov. 5.. 127,383,103 2,601,400 6,226,800 51,011,300 84,157,000 49.711,719 Indianap. 131. & W...2d week of Not. 18,759 22,449 1,016,876 1,304342 Nov. 12. 129,127.700 2,927,300 6,180,600 51,703,4"0 24,286.800 51,259,798 Int. & Gt. Northern.. .3d week of Not. *41,08l 59,537 1,298,3)0 1,153293 Nov. 19. 129,:03.800 2.868,500 6,074.803 60,902,600 84,481.800 50,6*7,119 Kansas Pacific 3d week of Nov. 78.277 62,579 2,946,951 2,717,010 Nov. 26. 129,145,100 2,815,200 5,668,200 51,377,300 21,319,700 47,12:,459 LouisT. Cin. & Lex.. .Month of Sept.. 110,215 814 615 LouigT. & Nash.. ic.Montn of Sept.. 526,0)3 492.178 3,935,636 3,067,986 Philadelphia Banks— Philadelphia banks Michigan The totals of the Central... Month of Oct.. . 669,684 647,^23 are as follows: Missouri Pacific Month of Oct. .. 894,972 371,332 3,189,991 8,052,56-i Mo. Kansas* Texas.. 3d week of Not. 60,157 .70,030 2,83S,711 2,813,909 Loins. Speci L. Tenders. Deposits. Circulation. Agg. Clear. Mobile & Ohio Month of Oct... 23°l,«i0 261,507 1,423,057 1,505,114 S $ S $ S NaehT. Chatt. & St.L.. Month of Oct... 372.358 143,525 1,427.411 1 411.4S7 Jnlv 2. 62,863,7:7 1,419,278 19.596.6C9 57,868,517 10,444,316 89,439,038 New Jersey Midland. .Month of Oct... 72.931 70,165 571,713 518,517 July 9. 63,241399 1,501,519 19,086.133 57,440,620 10,465,728 38,011,071 Pad. Elizabethan... & 3d week of Nov. 7,725 July 18. 61,692,030 1,441,187 18.705,003 58,061,300 10,455,306 35.543,472 Fad. & Memphis 3d week of Nov. 4 320 4,661 164.916 181061 July 23. 63,521,003 1,320.027 17,734,282 60,452,197 10.414.015 35,619,767 Phila. & Erie Month of Oct. .. 393,151 337,223 2,691,804 2,716,787 July 39. 61,416,285 1,858,388 17,174,770 53.329,167 10,398,891 29,169,733 St. Joseph rn.Month & West of Oct . 70.059 55,929 395,676 360,721 Aug. 6. 61,018,595 1,299,145 16,503,255 52,346,089 10,417,785 33. 05,987 St-L. A.& T.H.(brchs).3d week of Nov. 11,8)5 12,019 465,214 432,479 Aug. 13. 61,142,22) 1, -26-3,194 15 144,508 50,443,923 10,448,64(1 40.0-20,300 gt. L. I. Mt. & South. 3d week of Nov. 126.60) 127,0"-4 8,879,9:8 3 413,375 Aug. 20. 60,940.112 1,215,877 14,603,383 49,617,779 10,453,248 80,366,481 1 -* North - n.3d week of Nov. lir !: 87,394 76,63 2,828,014 2,812,588 Aug. S7. 60,637,939 1,133,119 14,659,797 49,335,737 10,4S9,830 80,087,808 St. L.& 8. Francisco. 8d week of Nov. 27.335 25,431 1,176,672 1 178, v85 Sept. 3.. 61,110,147 1,132.272 14,612,217 49,939,663 10,103,111 88,861,904 Bt.L.&S.E'n(StL.div.)2d week of Not. 11,519 11,891 510,626 510,533 Sept. 10. 61,057,343 1,241,007 14,539,275 49,397,024 10,536,776 :3ll.5h6,963 (Keu.diT.)..2dweekof Not. 8,984 7,019 287,310 291,301 61,393,773 1,142,579 14,355,546 49,750,085 10,521,262 33,750,225 " Sept. 17. (Tenn.diT.)..2d week of Not. 3,047 3,391 131,313 13',S30 Sent. 21. 61,153,539 1,348,360 14,23i,8'i3 49,575,003 19,552,093 84,881,888 St. Paul & S. City Month of Oct... 81,633 68,180 430,832 478,739 Oct. 1... 61,08S,110 1,376.571 13,923,867 49,072,910 10,619,165 81,858, 411 Sioux City&St.Paul. .Month of Oct... 59,064 47,633 259,614 293,227 Oct. 8... 61,218, 252 1.320,515 13.461,572 43,293,947 10,576,000 40,605,826 Southern Minnesota. .Month of Oct... l;0,0''O 68,359 535 624 509,683 Oct. 15.. 61,013,1(9 1,294,076 12,957,295 47,76-,H73 10,605,836 37,1-29,014 Texas & Pacific Month or Sept.. 253,276 174,891 1,696,223 1,139,803 Oct. S3. 60,812,307 1,887,578 12.971,540 47,(50.675 10,'9',169 33.024,458 Tol.Peoria& Warsa\v..3d week of Not. 23,607 2i,086 997,"78 1,212,552 Oct. 29. 60,731,184 1,357,001 13,143,712 43.047,866 10,628,601 83,937,479 Wabash 3d week of Not. 95,071 83,083 4,009.725 3,899,0.4 Nov. 5. 60,S21,'36 1,432,397 13,274,543 47,635,097 10,621,795 85,944,866 Nov. 13. 59,943.506 1.43 '.432 13. 677,991) 47,901.443 10,657,276 8I,617,»2J * The decrease in !hc revenue of those two roads is attributed to the late- Nov. 19. 59,619.033 1.472,512 13,613,674 43.267,785 10,676,728 84,911.037 ness of the cotton cop and to heaTy rains. Nov. 26. 59,150 819 1,110,124 13,637,169 47,813,9.7 10,713,563 88,674,910 1 1 . 1 ...... 1.M..

B 1, 1877.] THE CIIROXIOLlv 627

How York City Hunk a. —The following statement shows the BOHTO*, PHILIDKLPHI4, K»c. Continued. condition of the Associated Hauks of New York City for the week ending at the commencement of business on Nov. 21. 1877: ascusmts. Ask. •actraiTiaa -AVSRAUK AMOUNT OF > and Lcr.i1 l ennsrlvanU6s,eoup., Loans Net Circula- t.O . I llli \. Bisk* Capital. Discounts. Spoc'c. Tenders. Deposits. tion. PIIII ADI tschuyWl!! Nar. 1st ni.ss. »;. do 4dm.Si.iaj 8 $ STATU Attn CITT BONDS. do m. 4s, '«.,..• New York 3,000,000 1.800 2,070,100 1.145,300 8,400,800 3:1,1 in Penna. M. g'd, int., rag. or cp. do 6,. Imp , 'so , hattan Co... 2,1150.0 i 477,0)0 l,n68.800 Ma 4,031,400 7,500 do 3a, cor., reg do 4s, boat ft car, II > 6.84.VCi> 93(„90fl 8,000,000 1,501,200 5,770,800 MO.5O0 do 8i. new, reg. ,1991-1902 108 do 7., boat ft car. it 9 100 .... 3,000,000 6,831,400 510. 764,800 -211. ; Susquehanna 4, 103 133,'iOO do 48,10-1.3, reg.. 104 . 6s, coop.. II I l.aoo.ooo 4,250,000 544,100 500,500 3,118,900 50,000 do «», 19 23, reg ., 1884-13. It II I I Mi. a 8,000.000 8.783.900 1,272,1)00 1,28.1,800 7,208,3 * 1,160 Philadelphia St, olu, reg it'ofc „ Ill do 6s, new, reg. ... Maryland »s. defense. J ft J ulx .. 1,000,000 2.595,000 887,000 507,0(0 8,680,000 270,000 ' Allegheny County 5i. coup.. do 6s. atnmpt, 1M7 .. City 1,000,000 5,412,900 1,851.800 0/3,000 4,i 55,000 Pittsburg 4i, coup., 1913 do 6'. iMD. quarterly. 1,(XX),000 8.0111,100 18.500 2^1.10 1 1,135.1 (XI 7:iSi,oo do 5s, reg. ft cp., 1911. HI do 6s, quarterly

in.. . tsoo.ooo 256.400 . 1,878,8 180,000 1.8<3.900 do Si.g^ld.reg .. . Baltimore 61. ssi qusnerly al .... 300,0 3) 9,466.2 X) 159,900 5,194,000 9.244,600 do Is, w't'rln.rg. Acd lOllrf '&?* do «>,:fK4, J.*.l kterchanta' Kxch. ,000.000 8,051,800 218.C00 183,500 1,388,509 (84,000 lo 7i, str. Imp., reg., '83-36 •--a do «s, 189', quarterly., N. Jersey 6s, exempt, rg.ftcp. do as.park.imsi.u— i National 1,5 0,000 8,491,900 411.200 350,700 8,153,100 45,000 Camden County 6s, coup do •1, 18*3. M. ft 8 .. . r-w Drov. 500,000 1,470,000 78,000 2S7.000 1,676,000 235.000 Camden City 6*, coupon ao 6s,ei*!i:pt,V.i M.4S S Tr. 800,000 1,8(18,000 17,200 259,900 1,042.000 190,900 do 7s, reg. A coup do 1900. .J . 4k J 8 0.000 778.603 1S7.700 7S7,tOJ 2,700 Delaware 6s, coupon do 190J,J.*J Leather M.inuftrs. 33I.H03 600,000 2,430/00 171,4 8,061,000 536.3*1 Harrlsburg City 6s. coupon . Norfolk water, 9a ir.l . . .. 000,000 983,700 99,800 1 47,800 950.200 36/00 RA1LKOAD STOCKS. BAILBOAD STOCKS. Par. 15 Bait. ft -f N. York. 800,000 1.500.90') 2 0.400 317.500 1,465,500 45.000 C raden & Atlantic Ohio .us. do do pre! 25 do Wash. Branch lie American Kxch'e. 1,1 no 7, i 5,000,000 11,036,00) t6 1.133.000 '.-."J. 1 1, 229,000 Catawlssa »?4 do Parkersh'g Br.v ~vo .... 8,000,000 18,284 BOO OlH.ill! '.'.l.'.'II.VH 5,753,300 2,3!I1,1IX) do pref Northern Central 50 iay 4. 761. IX)) 183,700 1400,000 3.313.300 8.15.(100 do new pref Western Marylan I in Mercantile 1,' 00.000 8,092,500 088,000 888.700 8,686,600 r.Soo Delaware 4 Hound llrook.... Central Ohio, pfl do 422,700 1,018,800 19,500 4-8,700 1.854,200 East Pennsylvania 40 Pittsburg 4 Connellsvllle..* Ill'l.ll Al» B'M'S. 1 500,000 0,058,700 088,700 333.4(10 1,653,500 450,000 Elmtraft Vr UHanisport 81 do to Halt. 4 Ohio 6a, I860, J.ft J. hi 450,0 ii 8|8,9t>) 405,300 2,S 15,800 400,000 do pref.. Uar. Ut. Joy Lancaster. 63 do 6s, 1SS5, A.ftO. 412,500 1,140,300 13,800 1 13.800 P. * 1,116,900 5,400 Huntingdon & Broad Top... a H, \V. Va. 3d m.JCUar.,>3.J4.) North America, 1,003,001 i. in; .-..hi 1,1, ;u 7,K) 103, 1.511,600 do do pref. 5 Pltt.Oi.4 Connel1sv.7s,'»3j4.) er. . l.ono.ooo 2*1,100 015,800 8,409,800 40 Northern Central 6s, "85, J4J 417.(00 Lehigh Valley | 11 500,000 12,500 5 0,600 1,8)1.008 74,500 Little Schuylkill do 6s, 1900, A.ftO 48 gill, 1900. .1.4.) Oilim 8,003,003 13,211.000 1,312.00) 1,149,000 10,417.000 1,073,0:XI Ill do 61, Neaquehonlng Valley 48 i Oen. Ohio 6s, 1st m.,'»l.M 4 s Citizens' 600,000 1,483,800 80,400 383,400 1,7H4.5K) 178,700 Norrlstown "-'. 03 W. Md.6s. 1st m..gr..V),J.4J i 1,000,000 1,911,700 21,700 263.500 1.161,7il0 3,903 ]-• do 1st Market Northern Pacific, pref m.. '890, J. ft J.. 1,OK),000 2,540,900 185,900 881,600 1.830,200 250,500 North Pennsylvania 80 88 do 2d m., guar., J.ft J holas 1,000,000 2.217.8C0 1S6|S00 1,161,100 496.S0J Peonsylva ila 32 32>a do 41 m..pref md Leather. 1.00n,000 8.687,100 133,100 561,000 2,975,000 342.100 Philadelphia ft Erie 10 do 21 m.,gr. by W.Co.JftJ si* do 6s. nd in., guar., J.ft J. ge... 1,000.000 3,195.600 250,2 I) 871,000 1,883,400 4,700 PnlUdelphln ft Head ng 16)i Philadelphia ft Trenton 117 118 Mar. ft Cln. 7s, '9!. p. 4 A ... 1,250, COO 3.217,(00 51,800 532,800 2,191,300 780,800 Phtla/Vtlllllng. ft Haiti uore. do 2d.M.4N Oriental 300,003 1,306,200 6.100 230,00) 1,118,700 Pittsburg Tltusr. & Bull 8* Wi do Si.Sl, J. ft J 403.000 1,985,600 121,000 881,000 1,815,000 120 lit, 869/450 United N. .!. C'onip inles 121 Union KB. guar., J. ft J. rters'&Trad. 1/00,000 15,011,603 534,500 3,570,900 15,483,700 1,110,100 West pref.... do Can on enlorsed. " Chester consol. 2,000,000 1 1,461 800 561,800 8,140.700 18,883,603 139. 100 WcstJereey HISCKLLANKOCS. Baltimore Gas certificates... i;kg. Asa'n. 500,000 651,(00 10,' 00 121.000 506,000 208,000 CANAL STOCKS. People's Gas Grocers' 300,000 750,100 6,300 834,100 811,100 Chcsipetike ft Delaware '« 14H

litver Division. . 40 ',000 955,300 17,500 173,-00 700,500 Delaware ; 181-4 13* Eitt liver 350.000 668,700 13,030 172/00 557,300 Lehigh Navigation wasiiin«;to:v\ 96,500 Morris.... 40 52 ,fc 1 District >/ Mannl'r-' Mer. 0,0 44 1,200 27.600 105,400 516,900 122)4 CutmnAta. Fourth do pref ... „ Perm. Imp. 6s, g.. J.4J., 6):. National.. 3,750.100 12.77180) 393,700 S.653.000 10,321,500 1,043,700 Pennsylvania do 7s, ibOi Ceutral National . 2,000,000 7.215,000 151,000 1,557,000 0,5(17,(00 1,476,1X00 Seliuyiklll Navigation Market Stock bonds, 7s, 1894. Second National.. 800,000 1,864,000 476,000 7 1,834,000 27i',000 do pref... Water Stock bonds, ; nl... 1.500,00) 4,345,600 Suaq.ueh.inna 8 888,000 1,201,000 4.442,700 717,300 . do do Is, i90J.. National... 500,0 6,006,400 1,264,500 530,90.) 6,218,900 439.000 KAU.IIOAD BONDS. Wa*rilnfft<>n. Third National... Allegheny Val., 18-108,1391... tn '78 1,00 1,000 5,171,0)0 758,000 668,800 5,477,800 177,100 Ten-year bonds, 6s. N. 5'. do 7j,E.ext„1910 Fund, loan (CoLg.) 6s, g., *92. Nat, Excb... 3.XI.003 1.155,20) 94/0) 171,900 776,600 269,300 do Inc. 7s, end.. '91. 40 (Leg.) 6s, Tenth National... .'00,(XX) 881,100 lll.il(X) do g., 904. 700 14:, 200 1 445.20) Belvldcre Dela. 2d m. 6s. '8 >. OH 101 Certlfs.of st'ok (1S43. 5s, at pi. Bowery National. 250,00) 1,137,000 240.000 1-3 3,530 8 2,400 225,000 do 31m. 63, 'it.. 96 do (1343) 6s, at pi. New York County 200.0 1,0 9,400 373,300 1,016.900 130,000 Camden ftAinboy 6s,c»up,'33 104 104=4 Ches.4 0.st'k ('41) 6s, at pi... German American 1,000,033 2,156,100 20),000 392,830 2,095,300 do 6s. coup., '8$ 104 Georgetown. do mort. 6s, 539. ... lu73i 108 General stock, 8s, 88! ratal Cam. ft Atl.lst m 7s,g..l9)S do 6s, at pleasure .68,235,2)0 235,349,500 13,761,8 39,949,300 196.234,900 18,100,5:0 do 21m., 7s. cur.. '30 94 97 Bounty stock. 6s do Thedeviatbna from returns of previous week are as follows • Cam. * Burlington Co. 6s.'9i. 101 10J Market stock, 6s do |oan.» Catawlssa lst.Ts, conv., V4. Board of Public Works— Dec. $9:8,509 I Net Deposits Dec. 88W600 " "17-78. do chat. m.. 10j, . Ccrtlfs. gen. Imp. 8', opecie... Inc. 311,00) Circulation ... V .••*».Inc.. "jj'fi->'.»i do new 7s, 1900. 103 do teerles Legal Tenders Inc. 536,400 Connecting 6s, 1900-1901 wis Certlfs. sewer, 8s, ';t-T7 Dan.H.ft 3Vilka.,lst.,7s,'37 The following are the totals for a series of weeks pa->t: Delaware mort., os, various. Specie. L. '90 Tenders. Deposits. Circulation. Asg. Clear. D^l. 4 Bound Br., 1st. 7s. 1905 CINCINNATI. 108 Cincinnati 6s t $ I $ East Penn. 1st mort. 7s, '88 . I 7s June 9. 551/73 003 19,441,700 55.078.100 2)3,738,500 E1.& Wmsport, 1st m., Is. 'o0, 106 do i 16.162,000 40l,145,')47 3 'June 16. 25o,i>s;,.-io) 1st 5s, do T-aos 18,353,100 66,363,600 242,6 5 8 ii do m., pcrp 15 971,001 889,281,258 i05M do South. BB. 7-30e.t June 23. 25 ,416,5)0 16,239,0)0 53.223,60 Harilsburg 1st mort. 6«, '81.. " 221,316,103 15.705 iXX) 36.3.r2\9 3 101 do do 6s. gold June SO. II. 4 B. T. 1st m. 7s, g )ld, '90. 251,835,600 17,453,000 60,859,500 O.'li.l-S.-J il O., «s. long.. 15,«43,209 827,793,221 do 2d m. 7s, gold, '95. Hamilton Co., July 7. ' 5 <, 447,000 831,434,600 ' 5,558. !0) '93*. 81 M ao 7s, UoSyrs.. 345,9>2.956 do 3dm. cons. 7s, ,,, July 11. 252,452,700 5^.3l!l,-.> lil lul 105 do 14 1'SOs, leng. 18,837,8)0 8)0,038,300 15,668,103 891,344.937 Ithaca* Athens 1st g d. is.,'90 July 2!. -.VJH Cln & Cov. Bridge st'k, pref 233,! 57,499,701 188 918,600 15/40,400 400,708.210 Junction 1st mort. 6', '84 •••• July 88 viii Cln. 11am. ft D. 1st nl. Is, 'in 169,00! .13,981/00 57, 25,2 211,064,9 X) 15.517,901 do 2d mort. 6s. 1930 ...l.vv 833,914,304 '}"•>* do 4d m. 7s, *e5. Aug. 4. 8 19.707.8 k) 11,135,809 Lchl^h Valley, 63, coup.. 1833. 110J4 54.262,103 1 118 16,600 390,467.627 1"7(» Cln. Ham. ft Ind ,7s, guar... Aug. ii. 246,317,903 15,030,700 53,0'I4,803 do 6s. reg.; 189 1... 215,4)1,60) 15,68 i..5 «i 840,002,840 1I314 Cln. 4 Indiana ;st m.is... .. Aug 13. do 7s, reg., 1910... 11,449/00 52,693,010 213.414,693 15,545,900 1913 do 3d in. is, '.7.. 341,75 ,974 do con. m. , 63,rg.. 'f* '97S Aug 81, 011.893,603 11,2)0,1X30 101 10- Colum. Xenla. let m. Is, '90 50,780,000 118,026,800 15.5:5,500 420,915,00) Little Schuylkill, 1st m.7!,'-2 4 Sept. 1.. 2i!.7;-,',oi 16,010,103 toe 109 Dayton 4 Mich. 1st m.is. '81 48,130,8)0 (08,457,700 15,388.800 490,79 i,ii23 North. Penn. 1st m.6s, cp.,'85 110 118 do 21 m.is, '34. Sept. 8.. 213,910,800 i!\"o:,tj>) 4 3,3 13,900 210,5:4,100 do 2dm.7s,cp..!l6. 15,563,40) 897,270,335 icojt 107 do 33 in. Is, '31 tpt. 15. 211,795,000 19,913,000 41,015,' 03 do gen. m.7s, cp 208,582,41)0 15,577,11X0 379.235,693 107 Dayton 4 West. 1st m., 'i'...3 Sept. 22. 243,976,40) do gen. m.is, reg., 1993 19.274,700 42;454i400 806,724 100 15,596,100 1st in., 19CS 405,032,478 OH Creek 1st in. Is, coup. ,'81. t>7 80 do Sept. 29. 211,817,80) 13,H52.*X) 41,975/00 200,7; 1st m.fa, :905 1,200 15,724,100 419,366.185 t-lttsh. Tltusv.4 B .Is.cp..^ R7J-S 69 do Oc(. 6... 238,470,900 16.551,700 In .1. Cln. Laf. 1st 111. 7s 41,402,000 197,833,400 300 42i,8:8,637 Pa.ftN.Y.C* BU..S, '96 1906 Hi ua & Oct. 13.. 218,2:9,603 do (I.4C.) 1st Ul. la, -83 17,0X1,300 40,3:6.8)0 197,171,600 1-,031.000 4S5,;8.\249 Pennsylvania, 1st m., cp.,'80.. Little Miami 6s. 'r3 M.. 238,183,800 16,515,900 89,919,300 195,561.50.) 16,230,300 do gen. m. 6s, cp., 19.0. ipSJ win 473,165,340 107 Cln. Ham. 4 Dayton stock. 3ct. 27. 236.287,400 17,322.403 89,485,100 do sen. m Gs, ig., 19:0. lOOfj 16,726,000 411,381,451 Columbus ft Xenla stock.... do com. Ill 6 , rg., 1SHB Dayton Michigan stock... do cons. m. 6s, cp., 10O3. 4 8. p.c. at'k.gua Perhlomen 1st m.63,coup.,'j; do I02'.j Little Miami stock Phlla. 4 Etic 1st in. 6s, cp.,'8 ib'iH do 2d in 7l.cp.,'S3 19 If5 Phlla. ft Beading 6s, 'SO LOUISVILLE. do 7s. 'oiip.."93 118 Louisville 7s . Ql'OTATIu.VS 4 l\ BIKnTIIX. PUILAUKLPIIIA AND do deben., cp.,'*; do 6s 103 Phlla Wllm. ftll.lt. 6s, "34 .. Maine 6s 7i\ List ( 1«M) 7»,"81t 113 STOCKS. Pitts. Cln. 4 St. Louis 7s, '9.XI Jeff. M.4 m. New Hampshire 6s 3,1 111.. 7s 112), Bo'tonft Albany 188 18214 Shamok.n V.4 Potnv.78, 19): do Vermont «s 0. do 1st m.. Is. 1906 ..t Boston ft Lowell 72 72!.i Stecbonv. ft Ind. 1st, 6a, 1834 Massachusetts Lex. 1st m. Is.117. 5s, gold... Boston & Maine 94 Stany Creek 1st m. 7s, :B07... Loulsv.C.ft Boston 6s. 91M H currency Boston ft 7s. '»7.. Loala.ft Fr'k.,Lonl8v.ln,6j,'3 Provldenei . 115 Banbury 4 Erie 1st m. do 5s. gold Loulsv. ft Sashrllle— Burlington ft Mo. In Neb...! '43 United N.J. cons. m. 6s. '91 Chicago steerage 43X 80 6a, '36 Is.. .. Cheshire preferred 8H4 3Varren4 F. lstni.. Leb. Br. t _ do Municipal 7s IU9U uom lstra.Leb.i)r.El..1s,'80.;5.T Cln Sandusky ft Clev West Chester cons. 7s, '9;. . Portland 6s ...... *a,'»3...t Concord 6s, deb., coup. .'S3 80 Lou. In. do 70 78 3Vcst Jersey '98 Atch. ft Tcpeka 1st l'ii Consol. 1st m.is, . m.is! 87« 37\ Connecticut Itlver 186 do 1st in. 6-, ep., *>>. do Jefferson Mad. 4 Ind. . land grant 7s 7:l-v 7111; Conn.ftPassumpsIc do 1st m.is, '91 do 2d7s.. 7-i Louisville* Nashvlilo.. 48;b eastern {Man.) "4« Western Ponn. HK. 6s. :893 . do land 4*1 73 Louisville Water 6s, Co. 1901 Inc. 12s. 00 toojj (Eastern (New Hampshire).. do 6s P. B.,'96. Bostons Albany 7s iFltchhurg 111 . ! lib'x Wilm.ft Hod. 1st _ . do 6s 106 Manchester in.. ST. LOUIS. Boston ft Lawrence 123 do 2d .WO'... 4 Lowcllls Nashua* Lowell CANAL BONDS. St. Louis 6s. lu g .... !"!'. Boston* Maine's water is, gold 100 iio iiox New York ft New England... Chesari. 4 Dela 6s, reg., '8«. 71 do 1 Burl, ft Mo., land grant Is... do do new ion 110 Northern of New Hampshire 72 72), Delawa-c Division (a, do do Keb.8s.is9t d • bridge at>pr„ g . 6s t Jin 107 IOIH Norw lch ft Worcester .... Lehigh Navigation 01. reg..'>l ino»i °o 6' „.., Neb. 8s, 138) mt ,«gdeuso. 4 L. Ctiamplaln KH..rg.,'u; do renewal, gold, VA Eastern, Mass.. ... 80 do » 8X8, new. ... 60S ei".. do ao sewer, g. 4s, -4-3.t ion Hartford do pref.. 98 do deb., rg., 77 i Kriels.new 'Old 3t. Louis Co. 1 ew p irs.g.4*.. in; W».... Colony . da conr., rg. 'i<2 Ogdonsburgft Lake Ch.8s... 96J4 cur. Is t 101 .... Portlanl 8»co ft Portsmouth ao eonv.,g.. rg.,'91 mi do t/0 n >" Newport P. Kll. bis, asr's :b o'?,i l? * 7a .... nox tianaua, common do gold. V,. ... BON 80 Sl.L.4 8an A Rutland, new Is..... do do do B do preferred , 10 do cons, nils, rg ,'91'. Venn't C. 1st m., cons. '86 Is, Vermont ft Canada Morris, boat loan, reg., .335.. do do do C Oo 2d .-n.. 7s, 1891 „ Vermont 4 Massachusetts. 10 •:-. Vermont At Canada, I new 8« 41 Worcester* Naahua 43 * In defan't of Interest. t And Interest. —...... ! t... 1 . I 528 THE CHRONICLE. [Vol. XXV.' QUOTATIONS OF STOCKS AND BONDS IN NEW YOltK. U. 8. active Bonds and Railroad Stocks are quoted on a previous page. Prices represent the per cent value, whatever the par may It.

BBCURr/JJBS. Bid. Ask. BKCtTIUTIES. SBOURirillS. SKOUBtTIRS. Bid. Ass-,

State Bonds. Joilet A Chicago, 1st m I'ol. * Wao»sh,ex coupon. 101 North. Pac. 1st m. gld. 7 3-10 .. 1.3 Alauaoia 5s, 1883 La. & Mo., 1st m., guar do Ill m.sr.L. dlv, «K Omaha & Southwestern KK. 8a 05 7s, do 56, 18S6 48 St L.Jack.A Chic. ,1st 111.. . IBS do ex-miturel coup. w 70 Oswego & Rome guar .... 01 t ' !•:) do 4a Chic. Bur. A Q. S p. c, 1st in. 116 1 llOT'r ... .. 8H4 Peoria Pekln & J. 1st inort ... do 88, 1S83 43 do do consol. m. 7s 112 112»i do EX & X 'V./tl, coup. 71 75 Peorlft & Kock I. 7s, gold is" 15 do 88, M. AE. KB.. do 5s sink'g f'J. A.&O d.i ttllUlll'l ("MM,. K9 Port Huron & L. M. 7s, g. end. 5.1 Pullui in Palace do 88, Ala. ACh. K. Chic, Kk. Isl. & Pac.. let n). 7s 103 do con. oonvart. RH Car Co. stock, 72 '93 in 107 4A 5) do li.K. Bs, mi series do 3b of 1892 : i do S. F. Inc. 6s, m do Ex. Nov.,';8,& prcv'<* i»X IDS'; IIS 0?.!6t 46 10 b3 ol 1899 .. 81 do 6s, 1917, coupon, lo-is Greit A\ extern, le-t m., i;-o-<.. Kome W'towu A m.con. 108 < 04 St. I. Mt. ;Ar^. C5 Arkspias 68, funded » do 6s, 1917, roglst'd do ex asx L.& Br.) 7s, g. 112 HO bt. i; Sau 2.1 in., class 50 do :>. L. B. A Ft. S. IBS B Central of N. J., 1st m., new... dj 2d n, L F., A. .' 71) class II. 30 do .3 Memphis A L.R. 8 do do lstconsol Wit 87* do Ex & Nov. n.cou.j 60 do do 11:1 do 88 do 73, L. S. P. B. A N.O 8 do do con. conv 62 Qulncy ToIedo, 1st in., 1W.. do ,: : r.illroad.lst 71% ' B> 80 Paciac m do la, Miss. O. & H. K 8 Lehigh A Wilkes B.con.guar : do ex mat. & Nov.,'i7,cou. 4') St. So'eastern 1st gold. 35 35 do 7s, Ark. Cent. KK... H Am. Dock A Improve, bonds 48 IllinoS & So. Iowa, 1st inort L. A 7s, •mi 102 Connecticut 6s 108 11s Ch.MU.4i St. P. utin. 8s, P.I). do ex coupon. .. St. Louis VandalUAT. 11. 1st. 2d, 60 70 Georgia 6s in j do id in. 7*310. do lllljt ... Han. & Cent: Missouri, istm do guar 1C0 Sandusky Mans. & Newark is. 98 do 7s, new bonds II 8 do it 7s, gd , CD 98>4 Pekin Llnc'ln & Dec't'r.lstm 8% 10'J Sioux Pacific 6s. do 7s, endorsed. ... 107 do Bt 7s £ do Western Union Tel.. 1900,coup 107 City A iilii', South Side, L. I., 1st in. 78 do 78, gold bonds... 107 do 1st m., La O. I). do do reg... 104« los: bonds. I.& M.I). 03 do sink, ftiii.l.. . Illinois 6s, coupon, 1873. . 102 do lstm., '45 H3 South. Cent, of N. V. 7b, guar. do Warloan ioajt do 1st in., I. & !>.. ITIiscellaiieous 1***1. KentuckySs 107 do 1st m., H. A 1). 04 Southern Minn. 1st moi s. *s... 64 {Brokers' Quotations.) 1st 97 Louisiana 6s M do 1st 111.. C. it M.. 108M do 7s. ml CITIES. so. 1st 90 consol. sink, fd , M% Pac. of Cal., "A"te,g.. do 6b, new 55 do 112 Albany, N. V., 6s, long I OS Tol. 1st 7s, 41 do 6s, tloatingdebt 55 do 2dm '•H'.l Can. So. A Det g. Buffalo Water, long t 11. 1(4 59 do 7s, Penitentiary 55 Chlc. A N. WeBtern Blnk. fund 10a Union A Logansport 7s Chicago 6s, long dates t 102 Pacific, So. branch, 6s,g 51^ do 6s, levee 55 do do Int. bonds Union do 7-*, sewerage t Wisconsin 7a, gold. 35 do 8s, do 55 do do consol. bds 107M West do 7a, water + 108 Wisconsin Cent., 1st, 7s 30 do 88, do 1875 .... 55 do do ext'n bds.. ;o3 do "16, riVL*r Improvera't t h 7', 8?, of 1910 25 do do 1st mort.. 107K do ••', Cleveland?^, long + 110 do 7s, consolidated S7 do do cp.gld.bds OB Detroit Water Works 7s t 111 Southern Securities. do 78, small 84 do do reg. do Elizabeth City, IHSO-Ui + (ll/okerx' Quottlions.) Michigan 6s, 1873-79 10 Iowa Midland, 1st mort. 8s.., -H do 1885-93 STATES. do 6s, 1883 105 Galena & Chicago Kxtcnded t Hartford 6s, various..,. 110 •l:ii, 44 1830 108 Peninsula 1st mort., conv.., mo Alabama new consols, Class A do 78, llll 70 75 10s^ Indianapolis 7-308 -f Class B Missouri 6b, due 1877.. .. Chlc. tt Milwaukee, 1st mort U0 do do 102J; Long Island V8 •13 ,44 11 US BO City t 89 do do Class c do do 1878 -i'.i Winona & St. Peters, 1st in... (is '00 mort. Newark City 7s long + 101) 111 Georgia 6s, 1878-'S6 Funding, due 1834-5... . 108 do 2d 06 ,68 '32-' do Water 7s, Hong.. .1 112X mi South Carolina new consol. 6s. Long bonds, due 90. 10?].:; 107H C. C. C. & Ind'e lBt m. 7s, S. F.. 01 Oswego 7s... t 103 l "5 *8, 1892 99 Asylum or Un.,due 1892. 1H7'. do consol. m. bonds Texas M .AS Poughkcepsle Water t LOU 111 do 7s, gold, 1892-1910. J.A.I. HO}* Han. A St. Job., due 1886. 108k 107 Del. Lack. & Western, 'id m. .. 1'JSM'.... Rochester C. Water bds., 1303t 111 113 do 7a,gold,1904 J.AJ. Ul8 il* do do 1637. HIH'; 10»« do do 7s, conv. ! 1*15 Toledo 8s. 1877-'89 109 104 05 Tork State- Morris & Essex, 1st. in 1XT t 110.T, do 10s, pension, 1894.. J.AJ. Sew Toledo :-30s 102 SB, Canal Loan, 1877 do 2d mort 105,4 bonds, 1900.... Tonkers Water, due 1903 107 CITIES. 6s, do 1878 do 90 constructlon/ f-0 RAILROADS. Atlanta. Ga., 7a 87 «B, gold, reg 1887 do IOO Atchison Nebraska, 3 p. c. . M 6b, do coup . 1887. . do 7s, of 1871 ... & do 8s Atchison 33 BS 90 6b, do loan. .1883... do 1st con. guar. B8H 4 P. Peak. 8,, gold.. do waterworks llll 105 M 87 68, do do 1891... 111', Del. A Hudson Canal, 1st ra.,'8^ Boston & N. y. Air Line. 1st m Augusta, Ga., 7a, bonds Hur. It. i'5 68 6b, do do :S92... IM do ao 1891 U. & N. (Mll.)g. 7s.... Charleston stock 6s low?* 109Ji SO 83 6s, do do .1883... 1111 do do coup. 7s, !S91 ioo Uur. & .Mo. ISlv., land ln. 7b... t Charleston. S. C, 7s, F. L. bds. 112 I 5H North Carolina— do do reg. 7,1891 do 3d S., do 8s... 1(9 Columbia, S. C, 6a 118 80 6s, old. J. A J 70)4 2'i.,. A-lDany & Susq. UtOonds... do 4thS.,do8,...t|10U Columbus, Ga., 7s, bonds.. 113 : A.A O do s Chesapeake & 0. 2d m., gold 7s Nashville 6s, old iii'iV 70 77* 101 Keokuk St. Paul 8s . . .. ibi do Class 2 8* do 5th do 78,1888 & | fj t do 6s, new Carthage* Bur. 8s inn,. 10!« 38 37 do Class 9 do 7s, cons., mort., g'd bds . ... £ -t New Orleans prem. 5s w ln:txon Peoria & Han. 8s. «tt do consol. Is... : (l 38 0.0.4 POX It. Valley 8s 110 111 Mliroad, 6s.. do 6b, i 886 liuff.N. Y. & E, llt.m.,1877.. 7f=) do Qulney Warsaw 8s uow Rhode Island 6s 108 do do Ian; 103k & ... I 109W do wharf inip'ts,7-J0 108' Illinois Kiel. 111)., 15 US South Carolina— do do new IkIs, UU6 108 Grand Trunk f Norfolk 6a 115 miI>. " 22 97 HI Han. & St. Jo., 8s, conv. inoit. B7 & Minn. 8a . 20 Petersburg da 6s. 1» 102 Jan. July 55 Illinois Central— Peoria & Hannibal K. . loox 1W Richmond fis om & 4') 50 I 52 April* Oct 86 Dubuque & Sioux City, 1st m. 103 Chicago & Iowa K. Ssos t.... Savr nnah 7s, old iwii-a 40 52 Funding act, 1866 35 do do 2d dlv. 103 American Central Bi . f 101J4 do 78, new 'Jhlcago Clinton S!0 2J 7.1 80 Land C'., 13s9, J.& J 1; Cedar F. & Minn., 1st mort.. t6 & Dnl Wllm'ton, N.C., 63, gold ) coup 2U ao 80 90 1889, A. O.... 12 Indlanap. Bl. & W., 1st morL.. Chlc. & Can. Sol do 8s, gold ) on. Land C, A e 7sof 1883 do do 2d mort. Uh.D. & v.. I, dlv., Is' 1 1". Non-fundable bonds ... 3 Lake Shore- Chlc. Danv. & VIncen's 7s, gld RAILROADS. i;;, Tennessee 6s, old Mich S. & N. Ind., S.F., 7 p.c. lion.... Chlc & Mich. L. Sh. 1st is. '3'J. Ala. A Chatt. lBt in. Ss, end do 68, new 47>.. Cleve. &, Tol. sinking fund 110M ... Chlc. A: S'tliwcstern is, guar., !:ll Ala. A Chatt, Kec'ver's Cert's. do 6s, new series.. do new t>00dfi — ivette A Chic.. 1st in.. 50 Atlantic A Gulf, consol - :> Vlrglnia- Cleve. P'vllle &. Ash., old bds l Col. & Hock V. 1st 7s, 30 years, 1C0 do end. Savan'h. 6b, old 31 do do new bds no do lit 7s, 10 years, 81 do stock 68, new bonds, 1S66 31 Buffalo A Erie, new bonds.. IU7 do 2d 7s. 20 years- ... i do do guar... 6B, do 1867 34 Buffalo & State Line IB Connecticut Valley 7s M Carolina Central 1st m.6s, g... 40 101 68, consol. bonds Kalamazoo & W. Pigeon, 1st Connecticut Western IgtTs..., 80 Central Georgia consol. in. 7a. Dan. Urb. B1.& P. Istm.vs.g. •is 6s, ex matured coup. . 5% Det. Mon. & Tol./.st 7s, 1906. do atock 6s, consol., 2d series uv Lake Shore Dlv. bonds lo;^;.... Denver Pac., 1st in.7s, ld.gr..g. 40 Charlotte Col. A A. 1st M.7s.. 6s, deferred bonds do Cons. coup.. 1st. in.' .... Denver & KIo Crande ,s, wold '43>» do do Btock &. 103 of Columbia 3.838. rl* do Cons, rtv 109 I.... ) Des Molues Ft. Dodge 1st 7s, Cheraw Darlington 8s District 731 '65 75 A do small.. do Cons, coup., 2d.. 101M Detroit & Bay City Ss, end.. .*t East Tenn. A 'Georgia 6s 85 do registered do Cons, reg., 2d Dutchess & Columbia 78 8 18 East Teiin. A Va. 6s end. Tenn 88 Erie Pittsburgh 1st 7s 97 Marietta & Cln. 1st :no;r. . .. & E. Tenn. Va. A Ga. 1st in. 78.. Railroad Stocks. 'US (Active preri' unly quoCd.) Mich. Cent., consol. 7fe, 1902... do con. in., 7s, 80 do do stock 7s, 78 Susquehanna... (111 do 1st m. 8s. 832, s.f. no do equip... Georgia RK. 7a Albany A 108 Central Paclllc do equipment bonds. Evansvllle & CrawfordsT., 7s.. ioo do stock 73 Evansvllle 99 Alton SI] New Jersey Southern 1st m. 7s Hen. A NashT. 7s... Greenville A Col. 7a, 1st mort Chicago A 78X 65 45 do pref 100 do do consol. 7i Evansvllle, T. II. & Chlc. 7s. g. •so do 7s. guar Clint Pore M. •7S S3 Cleve. Col. Cln. A 1 37 ill N.Y. Central 6s,18S3 104 104J, & Ss.Land grant. Macon A Augusta bonds...... Fort W., Jackson Sag. 8s, 50 'i)'5 Cleve. & Pittsburg, guar.. W 77 do 6s, i>?37 107 & U9 '97 do 2d endorsed. Coi. Chic. A I Cent do 6s, real estate... 102 Grand 11. & Ind. :st 7s, I.g., gn. Vi do Btock 3M 9H 85 87 i'" 1 do 6s, subscription. do 1st Is, 1. g., notga. «0 Memphis A Charleston 1st "a.. Dubuque A Sioux City. . 00 !02>t , 01 do Hudson, 1st m., coup 12> do 1st ex 1. g. ii- 49 do 2d 7a... '"8 Erie pref 23 & -.7 Cln. Laf do do 1st m., reg.. 120 Grand Kiver Valley 8s, lBt nv. •tS5 do stock.. Indlanap. & 73 35 JolletA Chicago Hudson P*. 7s, 2d m., s.f., 1885 114 Houston & Gt. North. 1st 7s, g. 65 MemphlB A Little Kock 1st m. Harlem, l*t mort. 7s, coup. ftp 120 HOU8.& Texas C. 1st 7s, gold.. 84 Mississippi Central lstm Is... 97 Lone Island 61« 84 Louisville Nashville.... do do 7e. reg .. 11» do consol. bdB.. do 2d in. Ss .. & 70 102 Missouri Kansas & Texas. North Missouri, 1st mort & 108J< Indlanapoll & St. Loulsjlst 7s Montgomery A West P. 1st 8s. 7. 30 New Jersey Southern Ohio & Miss., consol. sink. fd. SHU 99 Indlanap. & Vliicen. 1st 7s, gr.. 70 Mont. A Eui aula 1st 8s, g., end do consolidated iwi, International iTexas) Istg.. ,;; 75 Mobile A Ohio Bterllng Ss 42 New Tork Elevated Hit.. uS* 48 N. T. New Haven A Hart. liii do 2d do 57 Int. H. & G. N. conv. 8s 83 do do ex cert. 6s \ji 1-2 1st Spring, dlv.. Iowa Falls & Sionx C. 1st 7s. . HI do 8a, Interest Ohio & MissIsB'ppi, pref . do Jackson Lans. & Sag. Ss,lst in 103 95 mort. 10 Pitts. Ft. W. A Ch., guar., '80'X Pacific Railroads- do 2d 8s Sal. Allegan. O. It. 8s, gr.. 1«« 90 Orleans Jacks. 1st 108 105 do do Bpeclal. Central Pacific gold bonds . 107^ 107V & N. A m.8s. Joaquin «»; s,:;„ Kalamazoo & South H. 88, gr.. t58 Certificate, 2d mortg. 8a 88 95 Rensselaer & Saratoga. . do San branch Cal. »? Kansas City Cameron it's... t'.ii ibi Chat. 7a.... 84 86 Rome Watertown & O/. do & Oregon 1st . .... & MashTllie A 8t.L. Kansas Pac. 7a, g.,ext. M&N,'D9 4-s 1st 98 St. Louis Alton & T. H ... do Stite Aid bonds. ... W7«j.... Ni8hTilleA Decatur, 7a 88* 51 do do pref. do Land Grant bonds.. do 7s, g., l'dgr..J&.l,'80 H Norfolk A Petersburg 1st ill .ss 89 11 !5 85 BellcvllleA So. Ill.,pref "Western Pacific bonds. .. 102>i 102!^ do 7s, g., do M&S,'8r do do 7s 6»,gold, 18:i6 71 73 Oh! 7li St. L.I. M. A Southern... Union Pacific, 1st raort. b'de S07H»: 107S4 do J.&D., do 2d m. 8s l" i 112 St. L. K. C. A Nortu'n.prcf do Laud grants, "s. 103 V !04'4 do 6s, do 1.1:1., 1895 83 Northeastern, S. C, 1st m. 8a.. ''" : '96. '.'5 80 t-3 do Sinking tund... i do 78, Leaven, br., do 2d in. 8a. Terre Haute & ind'polla . Toledo Peoria & Warsaw. Pacific R. of Mo., 1st mort.. 100 K'l do Incomes, No. U.... 8 Orange A Alexandria, lsts, 6s to UnltedE.J.R. & C do 2d mort 01 91« do do No. 16. ... 9 10 do 2ds,6B.. 7.) do Income, 7s. . do Stock 8k do Sds.Ss.. 40 Warren ... . OTlscel'ous Stocks do 1st Caron't B 70 Keokak & Dob Moines 1st 7a.. 05 do iths.ss.. 15 do funded Int. 8s 65 70 Petersb'g 1st 111. 7a. '13 Am. District Telegraph. Penn. RR— Rlchm'd A 110 Sup. Mise. 1st is, gold. 15 Frc'kab'g Poto. 8. 108 Canton Co., Baltimore Pitts. Ft. W. & Chlc, lBt m. 120 Lake & Bleb, A Leav.Law. & Gal. Ut ill., 10s.. 23 28 do do mort. 7b 100 Cent.N. J. Land & Ln. Co. do do 2dm.. 114 '73 ib'5>v Logans. Craw. A S. W. 8s, gld. Rich. A DanT. 1st consol. 6s. 75 do do 3d ru. . American Coal 100 Consolidate Coal of Md. Cleve, & Pitts., consol., s.f.. Long Island RR., lbtmort. ... W Southwest KK., Ga ,conT.7B,'; 111 Nafihv. conB. m. 7s. 101 105 j. Carolina KK. 1st 111. 7s t7 8b) Mariposa L. * M. Co do 4lh mort.... I06M Louisv. A m 2d in., 7s, 67 76,1902 48 do do pref Col. Chlc. & Ind. C, 1st mort 'sV do g.. do Michigan Air Line 8s 7s, non mort 38 Cumberland Coal A Iron. do do 2d mort M do Rome Watert'n Og., con. 1st Montclalr & 1. L.lst 7f 40 51 do Btock Maryland Coal 8)4 & 2d m. 7s 4 7 savannah A Char. 1st M. 7a... 25 Pennsylvania Coal 140 St. L. & Iron Mountain, 1st in, iba ib'iw do K..\i 7s. .5111., Savan'h 6s, end 25 Spring Mountain Coal do do 2d in,. Mo. Tex. 1st g., IDOl-'lW sas, Charleston & do 2.1 in. Inci-nie... 15 is 2d ra.Ss, guar. 102 Ontario Sliver Mining .St. L. Alton &T. H.— West Alabama 24!< 24H 8a 102 ! Alton &T.H. ,1st mort .. . S.J. Midland 1st 7s, gold Xi 87 do lstm. Railroad Bonds. do 2d mort., prof.. 8H!i do 2d 7s 2 6 (tiiock Exchange 1'rive*. do 2d mort. Inc'me *.Y. Elevated IIB.,lfltm PAST DUE COUPONS. Boston a. A Erie, 1st m.. Belleville & S. Ill.lt. 1st in. as X. Y. & Ouw. Mid. let "ik Tenneaace State coupona do guar. ... Tol. Peom& Warsaw, B. D... do 2d 7s, conv. ~ South Carolina consol Bur. C. U A North., 1st 5s. eoji do do W. D.. do recelv's ctfs.daborj -.7 Virginia coupons Chesa A Ohio 6s, 1st m... 25 BBS do do Bur. Dlv. do do (other) 88 do consol. coup do ex coup do do 2d mort.. Memnhls City Coupoas Chlcajo A Alton 1st mort. i is ''o do consol.^ + \ml occrliftd tnti '..-I do Income. 108 Tol. & Wabash, 1st m, extend. •Price nominal • Price nominal ...... 1^17 ——. J1 M563 1 H

~~Dkckmbf.ii 1, 1877.] THE CHRONICLE 529 NEW YOKtt LOCAL SKOURITIKS.~~

iik i.i-i- Hii Stock Ill-lira ll. n Murk I.l.t. fQnotstlons oy n. B. liAii.ar. kroner. «A w,l!«tr„«t.> COMPANIE8. Capital. BSa Dividends. Naroiia Capital. 111 Y !!.«). I. «. I'aina, ~7Jf . . PLUS, Marked thus (•) COKTANIEB. Par Amount.; '*!'• ,'- 1178 187111873 Ills Laal Paid are not Nnttonal Amount Period 1875. 1976. Last i 'aid. :!hl. Ask • "I 1877.

's.ooo.ooo .1 . I Jiily'2.'77...i America* ,Ht),0€0 . ft 9 Adriatic 300.000 JM IS Inly. *77 .8 1.'77.. M American Exch 5.000,000 i,!S8,2uo M.&N 7 Nov I /Ktna 800JJ09 50,116 Hi July. '71 .1 Bowery xo mo 212,100 J. A J. 13 July .'. '77.. i- American 4iM..««l t8»f,4H II luly.*77..8 I Breweis'&GroV 150.1X0 8,gt-o American Bxcn'e.. 2 ' 8,100 J.& J Julys, "77.. .4 Xtil Ilowory S1O.IXI0 4.1,s>.i 20 June.*77.io s •?4- t:iia e 3 "WOO Brewers' ft M'lsfrs MOJJOO 28.808 5 Feb.,*77 .9 j."&"j , Chatham uso,oor \m.» 'my 2. '77. ..i llroalway 800,090 316,'UO .11 5n«.. 77.|i 119 Chemical Stxi.im S,'.87,*lO Hl-ni'ly Nov. 1, '77.1o Brooklyn 198400 2;9J1I in Juiy.'T7 .;; 210 Citizens' MOW n»,-o .1. A J. Iuly2. '7;...? Citizens', 800,000 tl »,019 17 !uly.T,..l(i 185 City 1,000,000 1.571.110 Q-F N. v. 1. 17. .5 293 city 2ii'.'• ia Commercial* 100,000 ic.ia I.&J. Columbia 300,000 12,.«; 10 July, *77..S 68 .1 i^soflor j'.vo r.ftj. Jm'.'H^ii.'.'.i 'ommerce Fire 800400 13,376 10 J»n..'77..3 70 Corn Exchange*.. l.nrooot' 621.8,0 F.4A. Aug 1.T7...5 138 Commercial .. 1100400 ICO.l.'l 1.1 Inly, 77.10 B**t Blver now 57,10 J. ft J. July 2, '77.. .3 Continental 1400409 t7-5,«0 ill July,77.6-8 Eleventh Ward*.. 200,000 l'VO I. ft J. Ju y 1. '5 ' Kagle 800400 »|.',!tS 11 Oct., *77.ll iii"

ISO.OtX I rifth 6l,:.0l 0—J. Oct. i.-n.m Umpire City 800409 lll.OOi 'J July, '77 .7 •-j 0i S.I L! Fifth Avenue'.... 100.1 I Emporium 809490 6,173 u Jan.. "77 .8 Kirst 500.00 731.7* 6ot."iVTJ.V.! Kxcuange 201,010 138,143 Aug , 'Tl. 5 Fourth a MOvOm S 0,8 B J. ft J. .'uly'2, 17.. .c Farragut 300,000 155,156 II July.-;7.7H Fulton '•0040 1-7.V00 M.&N. Nov I,*77...r. Firemen's 20:,000 lOf.lSI 3 Jmy. '71. .« 180 Gallatin 1 500.001 661,-OCl A. ft O. Oit.lO.'77.8S '•'iremen'sFund... 150,000 18.158 10 luly.'T7..s 90 Ger. American*.. I'ooo.ix* lu.fOO F.& A. Feb.l,'71...!> Firemen's Trust... 130,000 96 .WO lil July, '77.. 118 Ger. kxchange*... '2:0,l»x 4 .IOC May. ilayll,'77..0 Franklin 2ix.HO 1,848 •.•"'-.'" |4" Bermaala* 33. (XI May. May 2, T (iebhard 200.000 none AuV.'.'7«!> 90 Orecnwien* 0)401 l-.roo M.&N, May 1, 17.. (Jerman-Ainericali I.0IO.000 631.H37 X July, '77.. 117 Gran I Central*.... 1(0,(KX 2,000 (iennanla S00400 (71 1, VI 10 July. '77. 15 190 31W.IXK la-i. -, '71.. Grocers* 58.809 f.'X'i'. .8 Globe 200,000 1 834 1 18 July.T7..ib Hanover 1 OOO/'W ISUOO i. & j. July2,'77.3>. Greenwich •2IV..IXI0 817JM ill luly, *77.10 Harlem* rout. 17,: 00 M.&S. Mci..l,'75..'i Guaranty '200,000 11,181 Ian.. *77..5 Import. * Traders' 1 SOO.'.fl l,Wl '•• J. ft.I. July 2,'77.. .7 Guardian JOO.fXXI 57,663 io' iuiy. '77.. '500.0© 121 100 I. ft J. July 2, ":...) Hamilton 150,000 H»,1»7 n July,'!;.. 10 ISO Island City' 10-I.I/. I 15.800 Ju y 4. \T.3X Hanover 500.000 5o;i,s9i Iuiy. '77. 5 121 LeaUu r Munuf 600.0OI 4.V.I0O ''.'&' J. ,u y 2 '77.. .0 Herman 800400 109 458 10 'uly, '77..S .ll; Manhattan* 2 050.1AX 1,111,400 F.& A Au;.rJ.";..J Home 8,000490 1402.784 10 July, '77.. 5 110 Manut * Merci*.. s, a I.&J. -lulyl,'7.">..8^ Hope 150.IXX) 41.293 in July,*77..5 ii Marine July,'77...« 400,001 69.: 00 I . ft J ia-..3, *»...( Howard 500.00(1 1S8,-65 10 ill 115 Market l.ltUO.OtK 898,6(10 I.&J. ,'uly !, 17.3X Importers'* Trad.. 200,000 109,11; 15 July,'77..6 Mechanics 2.HO0.{».» N»..'-00 I.&J. Iuly-2,'77 ..3 Irving 900,000 61,098 7 July. '17. .5 92 11 Mee.'i. Bkg Asao... 100,00 HI. 100 U.&N. Mav l.*77 2H Jefferson 2iH.mii 1 117.568 Sent., -77. .3 Mechanics* Trad. 600.001 3 2:00 M.&N. Nov 1.17 3>, Kings Co. (B'klyll) 150.000 304498 » July. '77.li- lii" 9> '77. Mercantile l.nno.ooi i-«,soo it &N. Nov I, 17. .8 Knickerbocker 230,000 65,393 :o luly. .3 :tr2 Merchants ,ojo,oo 8«,'on J.& J. July 8. '7i3- IW.H i.aiayette (B'klyn) 150,01X1 159,503 in In'y. TI.n ;:,5 Merchants' 2, 132,77' Iuiy. Ex 1,000.00 233,'.C0 I.&J. 8 iuiy '77.. .3 I.amar.. ; 8004011 10 '77.. Metropolis* 500,001 31/00 I.&J. !H Jan. 3, '7BJBJ4 Lenox 150,000 73.175 111 Ju y.'77..3 Metropolitan 132* Jny. '77.10 3,.X!O.0t» ^99,.0 .1 . & .) 10 ;uiv2,'7;... :, l.onglsland(likly.i 800400 +157,018 19 Murray Ulli* 2jo,o» \5I0 A.& O. 8 ct. i,'7S. .4 i.orillard GIXI.ISXI .11.317 !0 luly, -n. .5 •.'" luly. Nassau* 1400401 :o,'oo SI. AN. 8 Nov.l0,",7..J Man ul' & Builders'. 200.009 183.46. '77.. New York 3.UtX).U0( lag boo I.&J. 10 u.y-','77.3,. Manhattan !l'j3.'13) :o iuiy. '77.10 New York Coun'.j 800,001 9100 I.&J. 114 an. l.'7'i...l Mech.*Trad'r«'.... '200,!>-l0 313.'.'07 .'.) uly. '71. N. Y.Nat. Excll... suo,i!i> ;i ;oo Aug. 1,'77..J Mi--chalilcs'(ilklyn) ir,o,ixKi 152,051 10 iu y. '7!.lti 95 Ninth 1. 500,1*'- 37.W i.&j: la". 2. -,'... 8 lie 2fX>,'H»i 65.715 10 July. '77. .5

Nortn . oa.i 191,11 2 17 Ju:y.'77.1" America" i.ooo, a oi i.&j. Inly 5, '77 . .3 Merchants* IK North SU,6J. 20 Ju e.'77..8 Oriental' 800,001 145.0 i.&j. July 2. '77...-:, Nassau (B'klyn).. 200,000 i.«J.54S n July. '7r.ic Ja-y.'77..6 Pacific' 422.70 Q.-F. .vov 1. T7...B National 200,000 128,189 10 in Pari; S4I.215 July, '77.1(1 l«3 2400,001 i:;,m») I . & J .inly I. -.7...: U-7H I10J< N. Y.Kqnltable.... 210,<«» » Peoples' 30 •20",(»X) I 0.311 .0 Aug .'71.. 11. tiMOU :62.-00 i . & .1 "Inly 2,'77...r. New York Fire ... 7 PueuH l.ooo.um 171,100 I.&J. July2,'77...3 tea S. Y. & Boston .. 2X1,000 none "77.. Produce' r.- Jin 16,00 Joly.KTI.SK New York Lliy 200,000 88.680 io' July. m Republic 2 BOW k.'&a. Au>{.6.'77 ..3 Nlairara i.00.(«i(i 8X4)491 10 July. '77.. 1 115 ilS Bt. Nicholas l.OCO.OtX 1:8. 00 F.& A. Aug.18.77 2^ North I'.lver 830409 135,714 12 (let., 77. .5 Seventh 410,016 :o Inly. '77.1'. ell Ward... . 809,001 Ii900 J. ft J. Jan. 2, '77. ..3 Pacific 890409 »l !u Second NO.on 63 BOO I.&J. luly2 '77. ..r. Park ixi.iiixi 139 035 y.'ll.l! ai-ii 9'00 — inly. '77. in Shoe Leather. 1,000,001 a I.&J. July 2. 1*3 Peter Cooper. . . 150,000 2.9.810 19 Sixth 900401) ;0 4oo .I.&J luy i, 'i7...S People's 180,000 122,2 (5 19 luly, 77. .x a«S 153 State otN.Y SOO.OM' 20 P. '00 M.& N. Novm.';7 3ii tti' Phcnix (H'klvn) .. 1,000,01X1 816 10 lu.y. T7.lt' .'77fy. r7 Tenth *oo,or< I.&J. lan.2 '74.a>ig Produce Exchange 200.1 (Kl 13..91 •" 93 Third l,noo,ao I.&J. In y 2.'77. Heller.... 200.IXX1 S1.587 io' luly, '77. 1 70 Tradesmen's 1,000,00 I.&J. luiy-2.'77...4 Republic Si)0,0(iO t W.16" 11 July. '77.. 81 Onion 7' 5- 00 ite. 200.IJ10 8,270 in Iuiy, 76 .5 M 1 ,500/0 M.ftN Nov I ,'IJ .. I West '.600 '7 luy, 17 .5 105 Side* 301*401 8 . ft J a y !. ltidgeu-ood 21X1,1 XXI S 1.93 to Umgers' 21X1,000 219.133 89 .M Aug., 77.10 ISO Cias and City Railroad Stocks and Bonds. Safeguard 800400 1311.53 ' 10 Juiy, 17 .» Anir_*i:..a ... iot" fOas (Quotations l>y i^eorge St.Nlcholas 21X1JXXI 59.M0 11 H. Prentiss. Broker. 31 Proa 1 .-tn et. I Standard 200,000 188,8X1 15 luly,'77,ri-23 117 1«1" Star 2iXl,iXX) 1.31,-3'i 10 !uiy.'77 7X 139 Gab Coupakiks. ?ar Ami.unt M Date. Bid. Sterling 21X1.000 77.4 .7 ,10 10 a '',k .si-' w * Stnvvesant 20o,iOi.i 135,263 18 19 July, '.7. ! 1J.I M ..1 Tradesmen's 15O,(»i0 102,768 > 10 10 July, '77. 8 ] Brooklyn (Ja j Llgh I Co •25 2,000,000 '2, '77 15" Var. July 161 175 United states .... 2.-.0..XX1 2'.l,r.37 II 11 July, 17 9 ri Cltlzens'Oas Co (likljc) SO 1 .200.000 .'.7.'. 1 HI Var. Jan., '77 79 85 Westchester 8:0.000 801.451 10 i-.- Mlg 1 do sertincatee ICOll 320.1100 A. (to •et, \*n. 9< liO ;50,IKX| 406.550 10 ia .iuiy. 17.1" l'O -,xx. Harlem Williamsburg Cltv. 1,3.50.000 F.&A. Aug.1,'17. 95 10J sorplna. Jersey City Over all llnonnics. including re-lnaaran,:e. capital and crip, t 111* & Hoboken 888JXI0 I.&J July 1. '71 160 17 i re*ieened by scrlii is deluctel. and Hie figures stanii at actual net turplut. Manhattan l.&J N ov 1, '7 2U5 i 213 Metropolitan Continental, 11-43; Standard, irns. !,' 00.000 M.&S hi e, 77. 131 ma t do certificates : M.i- s June. '77. pi-i 1"3 City Secnrlllea. do boo ib I.&.I * bv Hroker. 40 wall Street. HO H« I Quotation Dahiel A. xiobax. Mutual.N. Y 5.(00,- o; tjnar. Ocl.li.'ll. 91 93 IX'lKKKSr. rmck do '.-2 bonds I UOOJJUI F.& A •"Ug., 100 1.3 llondadue. Nassau. Brooklyn l.tkXI.OOo Var Jan.. '77. 78 ;0 Asld I late. Months Payable. Bid. do scrip 7 10,000 a.«N. so • '..'17. 9) 1UI New York 1,000,000 M.&S Nov i,'77. 111 '.25 People's (Brooklyn) ,5.w Perft; 1,000,000 J.& J lau., 7- 3, 45 113 . 5»«ter stock 1311-63. Feb., May Aug. ft Nov 1877-SO . do do bond*. 825,000 F.&A 37 do 1377-79 no Ill do do 1:131-37. do do certlOcates.. 80i\000 J. & J Ian , '77 75 ls'O us 1(4 Crutoii water stock. .1949-41. do do Central of New York 456,0110 .-'.« A Aug. .'71, tO :t3 111 37-t u„ do -. .1854-90. do do Williamsburg l.o.xi.orti Qnar, Ju y, '77. !I7 V23 19>4-1911 106 Vroton Aqued'cl al do do do scrip 1 000,000 J.&.I Ian,, •:;. (9 November. 18SI-1900 Ii 119 Metropolitan. do pipes and mains... May ft Brooklyn 1,1 XXV IK M. &.N Sov .0.'7. 1.7 Feb., May AugJtNov. 1907-11 106 107 ipal X 1o reservoir bonds Munh l/.O.U (I 85 H17-W3 •to 11 OK 1-aiiv lionds.. 1333-37. do i*o Central 107 ..1983-65. do no IS77-9S U<| [Quotations hy H. L. Gbast. Broker. 145 Bro-idway.) do UO IIS 119 bonds 1870. May & November. 1901 Sttecter o't.Ji Dock lte 107 Fultuiit'erri/—slk. loo 9UUAX.0 I' "9. i 1909 •••I * I do 1st mortgage 191.0 Nov. Ibis 102 1000 694,000 l.&J. 7 July, 91 11 , 5 '. A ui'.& Floating debt stock.... I860. K.- . fa Broadway £ StveiMi Ave—stk.. 100 8,100,000 I.&J. '71 70 Nov.viiTcr. 111 IU W-'ill . latiT-cs. May & Market stock 103 1st mortgage looe 1,500,000 I.&D. 7 June.lsSi 10.' do do I-SJ 104 lm-n jiemeutstock . IU8 117 Brooklyn City—stock.. 10 2,'X>l,lt., '77 12 »x 1, r.. r*r«,gtv. Coi ill Uti tgngebon t 11XX) J. 4 I). Dec ,H02 Mx. Dry ii', i, r. -,--stk 100 tin . ti-F. Am. 83 ttrvuktyn l,oc*i liul'i i.i ,'inuary ft July, ill 1st mortgage, cons'd M0 .lc 900.IXXI J.&I) ju ,e, lt'J Citv bonds do 1 3 ::i Etyhth Aven we—stock 100 I . .1 do 1^00,000 & Jan , 1 19 do .;,. -'o lis .19 1st mortgage 1000 803,000 •I. ft J. Ian., 'Si 100 .rk iionds - P do 111 .19 I2d St. it grand SI terry -stock 100 748,001) M.&N. May. 115 Water loan bond* do Jo 1915 III .!• 1st mort -..go l'JOO 236,000 A.&O. April. '.3 bonds Bridge 0-- MM Ill Centra -n- stock. ... 100 600 ,IXX> 90 .10 n ater ean. 101 ,18 1st mor; -age 1000 do do 200,000 ii!*N. Nov'.'.iioi 91 city Donua November •06 01 Houston, West a!.

~~530 THE CHRONICLE. [Vol. XXV.~~

~~EXPENSES OP OPERATING THE ROAD.~~

3nt>estmevif0 ' _„ . ' 1876-77. 187S-76. 1874-75. Office expenses, stationery, &c $219,104 $. £7,156 $532 761 Telegraph operators 1C6.S02 112,999 118,645 STATE. CITY AND CORPORATION FINANCES. Agents and clerks 833,934 904,170 833,689 Labor, loading and unloading freight .,... 677,132 753,257 67:1,160 *' Porters, watchmen ar d switch-tenders .The Investors' Supplement" is published on the last Saturday 305,750 321,631 354,499 Wood and water station attendance 58,632 62,500 73 836 of each month, and furnished to all regular subscribers ot the Conductors, baggage and brakemen 1,231,918 1,272,764 1304 672 Chronicle. No single copies of the Supplement are sold at the Engineme-n and firemen 977,004 995.773 1000 360 Fuel— Cost and labor of preparing for use... office, as only a sufficient number is printed to supply regular 984.928 1,110.241 1 075,'963 Oil and waste for engines and subscribers. tenders 77,839 80,756 '92.604 Oil and waste for freight cars 65,f2t 82,570 110,247 Oil andwaste for passenger and baggage cars 21,483 56,721 26,633 ANNUAL REPORTS. Loss and damage of goods aud baggage 25,233 £0,665 36,708 Damage for injuries of persons 8,838 8,J1C 7,253 Damage to property, including damages by Erie Rail-way. fire, and cattle killed on road 2.674 14,774 10,760 General office (For the year ending Sept. 30, 1877.) expenses 69,761 68,611 1 28,239 General superintendence 135,89) 141,809 233,463 The following is are from the Receiver's report to the Nev General office clerks 153,741 158352 145.574 York State Engineer: Contingencies .. 230,494 202,411 203,825 Legal expenses , 69,792 92,903 113,306 COST OP ROAD AND EQUIPMENT. Hireofcais 335,162 218,115 159,595 1876. 1877. For telegraph $13,661 $13,861 Total $6,623,250 $6,936,258 $6,910,696 For Graduation and masonry 3,708.2;5 3,710,875 For bridges 358,754 358,771 RECAPITULATION OP XRANSPORTATION EXPENSES. Superstructure, including iron and steel 6,553,460 6,801,811 1876-77. 1S75-76. 1874-75. Third rail between Elmiia and Buffalo 1,060,083 1,060,032 Maintaining roatl-bed, etc $2,295,559 $5,630,486 $3,321,370 Passenger and freight stations, buildings and fix- Repairs of machinery 1,981,059 2,064,456 2,446,883 tures 2,003,573 2,022,003 Operating 6.653,250 6,936,358 6,910,696 Engine and car houses, machine shops, machinery and fixtures 1,969,619 1,970,655 Total $: 0,699,839 $12,231,501 $15,679,130 Land, land damages and fences 773,916 794,941 Locomotives and fixtures, and snow-plows 4,465,717 4,485,717 CASH RECEIPTS AND PAYMENTS FOR THREE TEARS. Passenger and baggage cars ... 1,253,779 1,551,099 Jteceipts. Water transportation. New York Harbor 255,783 255,763 1376-77. 1875-76. 18-4-75. Freight and other cars 7,617.523 7,629,203 From passengers ,.. $1,22" 089 $3,427,626 $3,461,804 Pavoniaand Twenty-third S'.reet Ferries 657,464 637,464 From freight Engineering ard agencies 10,647,807 11,429.929 12,287,319 90,564 90,564 From express 335,885 New York & Erie Hailroad and Erie Railway and 398,882 503,953 From mails 348,170 400,087 400.6E6 its fianch:ses 6,310,301 83,310,304 Miscellaneous 160,035 195,914 223,544 Total cost of road and equipment $117,110,287 $117,445,150 Tatal , $14,;03,689 $15,852,461 $16,676,853 The number of miles owned, leased and operated by the Erie Transportation expenses 10,699,639 15,231,201 12,670,130 Railway Company in 1876-7 was 956,719. Net earnings..., , $3,609,060 $3,621,260 $4,197,728 LIST OP BRANCHES. No. miles From other sources .. 434,944 466,018 123,026 road built From interest on securities, &c. 256,546 261,260 205,6:5

Length. , Length of and track From claims prior year 36,177 172.2E6 In double laid dur'g Name cf Ecad. Tots'. N. York. Hack year end'g Total net income $1,636,717 $4,308,563 $4,6*18,615 on same. Sep. 30,'77. fPiermont Brsnch 17970 17 970 The receipts from " other sources," interest, e&c, in 1876-77 New burgh Branch 16'7SO 18-730 were as follows j B uffalo Branch S9-848 59-848 V918

Pavonia Ferry earning* , $259,631 I. Total.... 96518 96-54S 7-918 Kavonia HorBe Railroad earnings 14,227 Weebawkeu Brcnch I ,.,„ Erie baggage express earnirgs 62,635 " IUo N. V. & Fort Lee RR f Weehawktn dr>ck- earnings 8\817 Northern BR. of New Jersey. 21-266 1-441 Grand Opera House and Twenty-third St. properties, rents. 40.065 Nyack & Northern 4-R 4-373 4'i73 Uncla med baggage and freight department receipts 2,567— 434,944 New at k & Hudson RR 5-618 0-912 0-942 From interest on Securities 240,708 Erie International Railway... 4-257 4-857 From Buffalo Bradford & Pittsburgh Railroad royalty on oil 18,063 Blake's Qiick, Buffalo 2,773 Total .. 40014 10-076 0-942 0-911 Claims prior to Oct. 1 1376 36,177 ROLLING STOCK. FAYS:ENTS OTHER THAN FOR CONSTRUCTION. Sept. SO, Sept. 30, 1817. 1876. The items of payments under this head form an important Number of engines on the bcoks of thi company part of the report, ss they produce the net result of a deficit In good condition £05 2:0 of In feiir condition 126 216 $1,801,084 the past year, against a deficit of $1,229,630 in 1875-6, In bad condition 35 52 and $1,353,161 in 1874-5. Broken up 39 1876-7.876-7. 167E-6. 1874-5. For interest $3,607,764,807,764 $3,761,964 $3,761,954 Total 505 5(5 On Long Dock bonds 210,000 210,000 210,000 Number of flret-clas" passenger cars (rated as 8-wheel Boston Hattford &Eiie bonds 133,0,10 138,000 1U.00O cars) 237 241 Weetntw ken Dock mortgage 64,4.',3 64,483 1 8,671 Number of second-class and emigrant ^cars (rated as 6- On loans, nor gages, <&c 121,671 185,183 206,7,15 wheel cars) 67 Gold premiums 32 S79 3,640 114,247 Number of baggage, mail and expess cats (rated as 8- Renta s, &c , of leased lines 736,547 753,024 8d8,414 wheel cars) 97 £9 Taxes 19.175 30,212 100,972 Number of freight cars (rated as 8 wheel cars) 11,298 11,337 Mileage of Jefferson Car Co.'s cars, n'nc DOINGS OP THE TEAR IN TKASPORTATION AND TOTAL MILES RUN. months 91,500 1376-7. 18J5-6. Expenses other thin t'ansportition ... 452,303 372.537 494.434 Number of miles run by working trains 105,501 115,101 Claims due prior to Oct. 1, 1874. paid 175 21,177 321,345 Number of miles run by passenger trains 2,988,293 3,501,005 Judgment in f v. r of Arr.ot for B. 11. Number of mile- run by freight trains 7,',86,i:6l 7,5(7,842 & E. guaranteed interest 115,1=3 Number of passengers (all classes ) carried in cars 4 687,233 f,015,800 Loss on Buffilo N. Y. & Erie bonds 44.625 Number of miles traveled by passengers, or number of passengers carried one mile 170,888,580 163,074,; 06 Mobile & Ohio. Nuuber of tons, of 2,000 pounds, tf freight carried in ears 6.182,431 5,972,S00 (For the year ending August 31, 1877.) Total number of tons ctir.ed one mile 1,114,586,299 1, ,0.0,131,951 The trustees' and receivers' report for the fiscal year ending The amount of freight in tons was : August 31, 1877, contains the following 1876-77. 1815-76. Of the products of the forest 2i0,S87 195,665 The gross earnings have been $1,053,273 Ofanimas 365,7:9 S41 5C0 And the gross expenses 1,833,758 Of vegetable food "06,571 775,164 Other agricultural troducts.. 1*7.285 1-8,737 Bailee $189,485 Manufactures ... 369.321 302,143 Extraordinary expenses included in above-mentioned gross expen- Merchandise 665,014 619,955 ses for betterments, repairs, &c $316. 0C0 Coal 3 2 r. 110 8,807,64! Other articles 459,984 301,490 Net revenue over and above thorough maintenance $505,485 In the report for 1875-6 there was iiuludcd in extraordinary expens- Total 6,182,151 5,972,818 es the item of $:1,433 for back taxes, insurance and legal expenses, making the net revenue for 1875-6, $506,047. Following the The rate of fare for passengers charged for the respective precedent made and adding the taxes, insurance and 1< gal expen- classes per mile was aB lollows : ses etf 1376-7 ($80 594) to the extraordinary expenses, the Det 1876-77. 1875-76. revenue for th your 1676-7 would be $583,079 Cents. ™ „ ...... Cents. For first-class through The number of miles operated during the year was passengers , 149 i;i8 527, with For first-class way passengers 2"i2 2 252 46 3-10 miles of side tracks. For commutatiem way passengers 0-75 O-'.a" During the year there have been laid 2,824 tons of re-rolled For emigrant through passengers, 1-71 j.jo rails For emigrant way passengers 1-64 iron —31 miles—and 3,849 tons of steel rails—4375 miles. EXPENSES OP MAINTAINING THE ROAD OR REAL ESTATE OF THE CORPORATION. We have adopted the policy of replacing with steel the iron rails now on tbe track as fast as renewa's are needed, in 1876-77. 1675-76. and pursu- Repairs of roadbed and railway, excepting cost of ance tbereo! have contracted on very favorable terms for the iron and steel $1 3:l,3f0 $1,458,6*9 ntcessaty for year, viz., tons. Repairs amount the coming 4,000 of bridges and buildings 208,595 341, 276 The neglect of years had left tbe road-bed, when we entered Repairs of telegraph 6,191 6,698 Cost of iron and steel used In repairs 438,913 4M.400 into possession, in a very dilapidated state. Much has been Repairs e.f fences and gates 21,668 33,432 accomplished, and what lias yet to be done can be gradually Taxes on real estate 267.9.7 MS,W0 added without increasing largely the outlay in this direction for Superintendence and contingencies 85,549 92,498 any one year. But such expenditure, until a normal condition is Total $2,295,529 $5,6:0,486 reached, should be considered as an extraordinary expense, and Expenses of repairs of machinery $1,981,059 $1,664,450 not be included in ordinary expenses and maintenance. The :

~~1877. Ml'.KR 1, J THli CHRONICLE fi31~~

bridges and trestles are in good condition. It ts contemplated to 'iisued, and the remainder of the debt was thrown loto note* replace the meat Important bridge at Columbus, Miss., with an covering a series of years. This plan was adopted on the theory iron one, which can at this time be done very advantageously, that as the notes fell duo they could probably b« renewed at and would effect an important saving iu the annual expenditure lower rates of interest, and that at times they might be temporar- (or maintenance. ily, If not permanently, reduced in amount. There baa bren no The motive power has been materially improved during the floating indebtedness, these notea being held lor the moat part by past year, and is now in a condition of etlicieucy fully equal to savings banks or moneyed institutions In large amounts and the riquirements of the present business. they mature as follows: 1877, $227,000; 1878. $47,000; 187», re has been no important change in the lands belonging to $100,000; 1680, $200,000; 1881, $120,003; 1882, $100,000; 1803. the road. The proceeds of sales have been invested in the first bonds, $500,000; total, $1,294,000. Authority to renew such, mortgage bonds of the company, which have been duly cancelled. portion of theso notes when they mature aa may lie necessary in with the other land-grant will An i fort Is being made, conjunction be asked in accordance with the provisions of chapter 170 of roads of the United States, to secure such legislation from Con- the acts of 1870. gress as will relieve this and other similarly situated roads from The new bridge over the Hlackstone River at Central Falls* the iijustice from which they are now suffering, owing to the has been completed and subjected to severe tests. The entire discrimination against such toads by the United States Govern- cost will not exceed $65,000, about equally divided between, ment, in payment for services rendered the War and Post-office masonry and iron, while six years ago the estimated cost of th« Departments. iron alone was $60,000. Decrees in favor of mortgage creditors have been entered in The line of larger boats from Providence to New York, which the several foreclosure tui;s, by the Circuit Court of the United started in June last, proved to be very attractive -and popular, States at Mobile, and in tavor of the trustees of the Tennessee and took its lair share of travel. It was closed for the season a Substitution bonds, at Memphis. An appeal from the former has month earlier than was intended, owing to the disaster which, been taken to the Supreme Court of the United States by the befell the Massachusetts. This powerful steamboat Is being most-. holders of a very small minority of the first mortgage bonds thoroughly repaired, and, without doubt, will be even mow. to vacate the staunch than when first (f 170,000). At this writing tteps have been taken launched. The Boston & Providence- appeal so far as it hurts the interests of the bondholders not Railroad corporation has no ownership of any description oi uniting in it. These steps are taken in the name of the Commit- nature in any steamboat, nor in the stock or bonds of any steam- tee of Reorganization, who are now the holders, as such Com- boat company; but it naturally takes a great interest in all such,

. of 90 per cent of the entire lien secured by the mortgage connecting lines. It is proper to state that the greater efficiency of 1S53, and 95 per cent of the lien under the Tennessee substi- of this, the original steamboat route between Boston and New tuted mortgage. York, was construed as a hostile attack by one of the competing lines; consequently, an agreement for the sustaining; COMPARATIVE GENERAL STATEMENT OF EARNINGS AND EXPENSES. of freights at remunerative rates was broken up in April \mttr Earnings. 1676-77. 1875-76. thirty days' notice to that effect having been previously served $1,493,121 366,4!i6 upon us, and much of the business between Boston and New York 40,811 47,784 is at present done at little profit, if not at a positive loss. 54,775 54.9J0 A direct competing line to Providence, four miles longer that* 24,801 28,il!i this road, was opened in September last, over the Massachusetts)

.. $2,(63,273 $1,(81,569 & Rhode Island and Rhode Island & Massachusetts roads, leased to the corporation, to attention was called Extra- Extra- New England which Expenses. Ordinary. ordinary. 1876-77. Ordinary, orain'y. 1875-75. last year. '1 he effects of this competition are not yet fully Operating — $0«,3u2 8 $633,30* $t 25,(55 $ 1625,055 developed, and cannot be definitely estimated. r.:'.-ii 176.5C0 656,344 440,703 16;,0CO eo2,:oi The President commented upon several portions of the report. 114,284 4,tOJ 118,784 129,874 18,500 148,374 Passenger and Regarding the $227,000 in notes, which mature this year, ho sleep'gcars. 53,212 9,000 62,212 55,502 6,000 61,502 stated that this amount would be paid on Monday next, sub- Freight cars.. 113,541 47,500 163,011 130,235 38.000 168,235 stantially from the fund accumulated for that purpose, only a . Buildings and slight being necessary. Regarding the policy-.- telegraph... 47,:60 64,f00 113,i60 41,420 31,500 72,9-70 very borrowing Machinery & which the board had pursued, the President said there was no 24,754 14,000 C8.751 19,049 10.C03 29,019 doubt that they could have paid from the earnings of the road 11,461 11,46: Taxes 16,182 seven per cent dividends besides the interest, but in view of th© Insurance — 11.546 li.iw 11,196 Legal expense 52,866 48,781 48,781 condition of things about them they had thought it judicious-, Contingencies 3,ieo 4,059 4,059 to the debt. '."'. cut down General unices 28,312 112,087 27,620 27,620 The following vote was passed.

Total cxpen's. 61,577,788 $316,000 $l,e93,783 $1,541,910 $2e6,C00 $1,610,960 That, to provide means for payment of the maturing obligations of the Extraordinary to notes of the corporation - corporation, the directors be authorised Issue the 3 .8,000 265,000 ob such time not exceeding ten years, and for such amounts not exceeding in all eight hundred thousand do.lars, and at such rate of interest as thcy Total operat'g hall see fit. expenses, iu- clud'g taxes, Boston & Maine. insurance & legal ecp'ns .... $1,577,788 $1,544,1160 (For the year ending September 30, 1877.) Net citings. $.... $.... $:05,483 $.... $.... $436,6(8 The forty-fourth annual report of the directors, which he? just operations FINANCIAL CONDITION— INCOME ACCOUNT. been issued, shows the following results of the oi the- road for the year ending September 30, 1877 : Credits. Gross receipts *V?5,?!2- Tre.ifu.-cr's cash, August 31,1676 $109,529 Operating expenses * 2*iH Oross earnings for the year 2,033,273 Taxes paid .-... fMjJ Donated lands - 7.129 Rent of leased lines «xI'Xl interest and exchange 2,866 Total expenses 'IK'S!? Land department 28,921 Leaving a* ret earnings S??'2;i Intercstpald itv^if Total $2,231,72) Leaving a balance of 415. if*

Debits. This is n decrease in gross receipts as compared with the pre- Ordinary expenses, including taxes 81,577,785 including interest, taxes", vious year of $103 600 ; in the expenses, Extraordinary expenses 316.CC0 The report First mortgage bonds (redeemed by Land Department) 41,030 and rent oi $7,027, and in the net balance of $95,973. Second mortgage boicis (received for debt) 1,400 says . RealeBtate 1,964 " This decrease in gross receipts, and small decrease in expen- Materials on hand 60,088 have been now four years- Accounts receivable 37,547 ses, is due to various causes. There contribute to th» Mobile & Ohio Railroad.... 7(0 of great depression in all kinds of business that Trustees' and receivers' liabilities 51,252 in reduced support of a railroad. We have felt it from year to year Treasurer's cash, August 31, 1877 140,951 than in our receipts from our local business, and never more so closed. The low Total $2,231,723 receipts from passengers duiing the year just freight from tbe rates that have ruled during tl.e past year on Boston & Providence. earnings. The Western States have seriously affected our gross department or (Far the year ending Sept. 30, 1877.) volume of business done during the year, in the freight, is but little short of the previous year. The following is an abstract of the annual report : By compar- feature in the business of this road during; ing the gross receipts of the past five years, it will be seen that "Another important tbe cause for decreased traflc as "eH»» there has been a falling off, which still continues and is likely to the last year, and expeoses over ordinary years, was the strike ol tnjr last for time longer, owing to many and varied causes : increased some last which firemen in the month of February ; 1878, $1,715,899; 1873, $1,822,103; 1874, $1,637,279; 1875, enaineers and freight business over our road year closing September 30. caused the entire suspension of all $1,584,236 ; 1876, $1,407,750 ; for the and a considerable reduction In our passen- 1877, $1,373,361. There has been a very marked decrease in the for nearly one week, expenses in each of these years ss compared with the preceding 8< " expense is the alarming increase In State- ones, as has been indicated in the successive annual reports. Two Asertous element of railroad corporations have been sub- divi lends of threo per cent have been declared, free from taxa- and municipal taxes which yeais. The increase in taxes on lbs Bo* on tion, amounting to $240,000, while a surplus of $7,953 was car- jected to within a lew been from $6,000 per annum iu 18o0 to- ried to the credit of profit and loss account. The State and & Maine Railroad has in 1870. local taxes amounted to a trifle more than one dollar and fifty $106,000 per annum " of expense on our road the past yesr ha» cents on each share. Another Urge item have purchased and lal I d .wis dur- In 1873 the directors were authorized to issue one million of been that of steel rails. We which cost ui more than one hundred seven per cent bonds having twenty years to run, which, with ing the year 2,C6;>tons, thousand dollars, the diff-rence be- outstanding note*, would have been more! than ample to close up thousand dollars. Twenty steel and iron, could have oeen pr>p»r.y charged all indebtedness. Only one-half of these long bonds were tween the cost of : .

532 THE CHRONICLE [Vol. XXV. to construction, but the whole amount has been charged to ex- CHICAGO A NORTHWESTERN COMPANY. penses. These are iacts, and while they account in part for the October. 1 -176 Gross reduced receipts and the comparatively small reduction in ex- earnings $1,5)2,050 Expenses and taxes 669,074 penses, they at the same time show a healthy and sound condition in the road." Nctearnings $372,975 J 9 17, 303 Five months. STATISTICS REPOETKO TO MASSACHUSETTS COMMISSIONERS.

Grcss earnings , $6,413,6?! Jij,r,21,656 Capital stock issued $fi,931,2~4 Expenses and taxe3 3,615,7S3 8,388,541 Total amount of funded debt 3,50 ','100 Total amount of unfunded debt 78,24*2 Net earnings $2,756,928 $3,199,113 Total expended for construction 9,514,63"- Deduct interest, rentals and total fixed charges... 1,970,702 1,939,833 NTotal for equipment 1,24^,230 Whole amount of permanent investments. 11,545,6*>7 Netproflt $786,225 $1,359,280 Total property and assets ll,M3-,6fi5 Increase gross earnings, Oct., 1377 $-.6,721 Total receipts from passenger department 1,896,693 Incre.se expenses and t ixes, Oct., 1877 12.3E6 Total receipts from freight department h3*i,37i» Total transportation earnings. 2,192,588 Iucress i net earnings, Oct., 1377 $14,827 Total general traffic expenses 167.9.3 Total expended lor maintenance of way 764,4 10 Increase gross earnings, 5 months. 1877 $11S,9F.3 Total passenger traffic expenses 282,683 Decrease expenses ani taxes, 5 motths, 1877 3S3.S22 Total freight traffic expenses 303/68 Total expenses of operating the road 1,51S,8'4 Increase net, earnings, 5 months, 1877 ... $412,185 Total net income 660,9 4 Decrease iuterest, rentals, 4c., 5 months, 1377 30,8li8 Dividends declared. 5 per cent for the year 350,000 Total surplus, September 3), 1877 l,4'S,14j Increase net proat, 1877 $17.1,354 Length of main line of road from Boston to Portland, miles 115 all Length of double track on main line, miles... 37 In five months, therefore, the profit over and above charges Total length of branches owned by company, miles 11 exceeds $1,250,000, and the month of November, which yielded 20*1 Total miles of rjad operated by company , $1,239,064 gross in 187G, will probably run $50,000 or $60,000 Locomotives 77 preferred stock amounts to 215.220 sh*ues Passenger cars 168 ahead this year. The Mali and baggage cars Not given outstanding,* which would require $753,270 for a 3J per cent Freight c.*rs . 1,251 dividend. Locomotives equipped with train brakes 39 Oars equipped with train brakes 148 Chicago St. Louis & New Orleans.— At a meeting of the Passenger cars with Miller platform and buffer. 121 of the Chicago St. Louis

street ; R. Portland, Me. ; Tho:nas Dickson, No. 21 Cortlaudt Suy- Buffalo, Atlantic Mississippi & Ohio.—In the United States District dam Grant, No. 33 Wall street ; Solomon S. Guthrie, J. Jewett, Court at Norlolk, in tue matter of the Atlantic Mississippi & Ohio Giles W. Hotchkiss, Bii'ghamton, N. Y. ; Hugh N. Y. ; Railroad, the lion. Wayne McVeagh, of Philadelphia, presented Erie Railway office: John Taylor Johnston, No. 119 Liberty the petition of llie Pennsylvaaia Steel Woiks, asking the court street; Edwin D. Morgan, 54 Exchange place; Asa Packer, to instruct the receivers to pay out of the furplus earnings Lehigh Valley Railroad, Philadelphia; Coitland Parker, Newark,

for lailt furnished the road be'ore it into Ramsdell, Newburg, N. Y. ; Marshall O. Roberts, $33, CC0 went the hands N. J. ; Homer of receivers. Others presented petitions asking payment for No. 177 West street; Samuel Sloan, No. 20 Exchange place; supplies furnished the road and for the hack wages of employe*-, Henry G. S*tb!>ins, No. 36 Union square; George F. Talmau, No. which had been purchased by brokers. Various other petitiotvs of 26 Exchange plac*>, and J. Lowber Welsh, Philadelphia. opposition a, similar character were presented. Messrs. Chcate and Ship As to t'.ie suit commenced by llieMcHenrv party in man, of New York, representing the English bondholders, to the pending foreclosure scheme, the New York Times gives the opposed these petitions, claiming that their mortgages take prece following report'; dence of these cairns, which are only a portion of a floating debt "The war on the receiver of the Erie R»Pway Company and on of marly a million of dollars. The latter also petitioned the the proposed plan of reorganizitlon has fairly begun, and yester- court to give authority to the receivers to extend the time of pay- day Messrs. Enitt, Buru-u and Hammond, the counsel for James ment of the divisional bonds already due and to become due for McIIenry, Jo'on II. Brown, and Charles Frederic, mailed to the ten years, provided the holders of said bonds are willing to enter Cour.tv Clerk of Monroe County the complaint in a suit j.tst begun into this arrangement, as the present earnings of the road are in tleSupreine Court in that county sguiust the Erie Railway totally inadequate to meet the matured indebtedness. Counsel Company, the Farmers' Lian & Trust Company, and a number of for feveral ot the trustees of the divisional bondholders objeted individuals who claim a lien upon or infrest in the company's to extending the time, and u'ged the gale of the road. Th» property. The recc.iv. r of the Erie is not made a party to the oaurt reserved decision. ni.it, but service of tho complaint will be made upon Mr. Jewett the case recitea . The scheme for reorganization proposed by the English as President of the company. The complaint in Stockholders has been made public. It declares that the action that the plaintiff's are the holders of $91,000 of the first- of the trustees for the foreclosure of the mortgage to secure the Co:*;- liJated mortgage bonds, and bring the suit in be- 7 per cent consolidated gold bonds, of which there are $5,500,- half of themselves and all other holders of such bonds his- (JOO outstanding, most of which are held in England, will be who v. ill unite with them in prosecuting the action. A prosecuted lo a decree of foreclosure and sale. The Purchasing tory of the road aud of its acquisitions follows, and it is s.iown Committee, consisting of five members, if they have sufficient that the Farmers' loan and Trust Company was duly appointed means, will purchase the road and organize a new company. The trustee of the first consolidated mortgage, under w ieu b mds divisional securities will remain unchanged, subject to the pro- to the amount of $16,656,000 were issued. R-eital is made of visions for funding them. The new company will cr, ate $6,000,- the fact that on Sept. 1, 1875, ani ever sine-, ill? E-i^ Company 000 G per cent gold bonds, running thirty years, for funding the has made default in regard to the. pay 111-ut of the gil.l interest divisional securities. The principal of the consolidate! 7 per on the first consolidated inortgugo bonds. The mortgage in cent gold bonds will be represented by reorganization second question, the plaintiffs show, provided that in case the Erie Com- mortgage 5 per cent gold bonds, havirg Shy years to run, but pany made default in the payment of its interest lor six months, these bonds will hear only 4 per cent for the first five years. the Farmers' Loan and Trust Company, as the trustee, should Bonds bearing 4 per cent interest, currency, will bo delivered at have the right to take possession of the road, sell i', and apply par for the overdue interest on the consolidated 7 per cent gold the proceeds, first to the payment of the prior liens, which con- bonds to April 1, 1879, and for the difference between the interest sist of five mortgages, next to the payment of the principal and secured by these bonds and that secured by the reorganization interest on the first consolidated mortgage bonds, and finally to plain- second mortgage gold bonds, capitalized from April 1, 1879, to hand over any surolus money to the Erie Company. The October 1, 1901. The claim of the State of Virginia for $4,000,- tiffs say that the net earnings for the years ending Sept. 30, OJO may be represented by reorganization second income 6 per 1874, 1875 and 1876, respectivelv, were $5,033,160 14, $4,197,- cent bonds at par, which shall be subordinate in all respects to 727 65, and $3,621,259 36. The" income for 1877, the pl.iin- the 4 per cent bonds above mentioned. tiffs believe, is equal to that ot 1376. The annual interest charge on tho first five mortgages amounts to less Baltimore & Ohio.—The lease held by this company of the than $100,000 of currency, say the plaintiffs, and has been regu- Washington County Railroad expires January 1, 187*', and the larly paid. The annual interest charge for the bonds outstand- Baltimore & Ohio Company has given notice that it will not con- ing under the first consolidated mortgage, reduced to currency; tinue to work the road upon the present termn, which include is about $1,400,000. The plaintiffs say that had the earnings of the payment ol per cent interest on tho stock. The Washing- the road been legitimately applied, the interest on their bonds ton County Company desires a continuance of the l>-ase, aud has could have been paid, but that the receiver has was'ed and mis- appointed a committee to confer with President Garrett upon the applied such earnings. It was the business of the Trust Com- matter, pany, as trustee, they say, to have protected the interests of the Chicago & Northwestern.—The directors will meet on Mon- bondholders, but that instead of so doing, and though fully inn day next to decide the question of dividend for the preferred advised of what wes going on.it has permitted the misapplic it •stock. The. Recounts for November are not yet completed, but of tho pledged income of the road to the amount of sevi ml mil- the World uionet article iives the staemeut for October and the lions of dollars. They say that Hugh J. Jewett was up;

~~I payment five mouths ending with Oil. 31 as follows' receiver of the road by fraud aud collusion, aud y the — , UBBB 1, 1977.'| THtt CIIRONIULR 633~~

hip ot funds of the of mom r by him or under (Unction out the Ilaijroiids or Illinois.—The following In from the Chicago corporation; that tin- appointment «u made without the notice use of to cover unlawful designs required by law, and wan made Si'Iiim,kii:i.i>, 1. 1.. Nov. 20.—'the following figar.s are rom- nt Jewett ami hi* associates. it junction was pile.l on the pari An from lite rspi rt of ihe Railroad Commissioners, row In he Trust Company Irom Instituting any preparation. Tbla report Is baaed on tba report* f the several the of ar.y Interest the restraining payment ou raids received np to June id, 1S77. 'Ihe names of |ljs con,. li' ntrd mortgage bonds. MBies reports are as which make fol'owy : Baltimore Ohio ft, " tlie The Trusl I'ompany, plaintiffs fay, has never token any CmIio ft St. Loots, Cairo < 0, ft VlsMSBOfS, at bondalo ft. but began a i-uit to have the, orders to vacate the injunction, Sliawneetowo, Chicago & Alton, Chicago Burlington .V CJulnry. confirmed, and to huve a fore- appointing Jewett as receiver, &c., Chicago Danville & Vloeennrs, ( hlcsgo ft lows, CLIragn Mil' first consolidated mortgage and the sale of the ,t ft the wnukee St, Psul, Chicago Northwestern, < hleago ft Pacific, The plaintiffs charge that a portion of the holders ol fir.-t Chicago ft Padaeah, Chicago Pekin ft Southwestern, CLlcago Rock and second contolidated mortgage bonds have combined with 1-land ft Pacific, Cincinnati Laiayetteft Chicago, LVcator Mmtoon Jewett to coerce the nsidueof their co-bondholders Intoatcheme & Southern, East St. Louis & Carondelet, Evanaville nf reorganzation. one of the principal features of which is a Haute ft Chicago, Qalena & Southern Wisconsin. Oilman Clinton postponement of three y eats' interest on the first consolidated mort- & Springfield, Urand Tower M ft St*., Hannibal ft Naples, Illinois lionds for a period of over forty years, besides being In other Central, Illinois Midland, Illinois & St. Louis Railroad & Coal ts wrong, unfair and oppressive to tho plaintiffs and the Company, Indianapolis Bloomington ft. Western, IndUinapolls otlnr holders of such bonds, Ihe Trust Company, they fay, is Decatur ft Springfield, Indianapolis ft S'. Louis, Iron Mountain

aiding and aliening in the scheme of coercion. They charge • ft Eastern, Jacksonville Northwestern ft Southeastern, that it has violated its trust in becoming the paid agent ol Lafayette Bloomington & Alton, Lake Shore & Michigan South- . the parties favoring the proposed reorganization and other- ern, Louisville New Albanv & St. I.ouls, Michigan Central, Ohio wise, aLd that it is hostile to tho interests of the bene- A Mississippi, Paris & Danville. Pekin Lincoln ft Decatur, ficial ies under the trust. Mr. Jewett is charged with hav- Peoria Pekin & Jacksonville, Peor'a & Rock I.-land. Pittsburfj ing diverted the revenues of the Erie road toward pay- Cincinnati & St. Louis, Pittsburg Port Wayne ft Chicago, ment of the expenses of the proposed tcheme, with the knowledge Quinry Alton & St. Louis, Rockford Rock Island ft St. Louis, St. and consent of the Trutt Company. A recital ia made by the Louis Alton & Torre Haute, St. Louis ft Southeastern, St. Louis plaintiffs of the supplemental complaint put in by the Trust Vandalia & Terre Haute, Springfield & Northwestern. Sycamore Company on Sept. 24, 1877, in which it seeks a foreclosure and ft Cortland, Toledo Peoria & Warsaw, Toledo Wabash ft West- sale, and, abandoning its claim as Trustee for the holders of the ern, Western Union. first consolidated mortgage bonds, asks for a judgment on account LENOTH 0» LINE?. Main lino— of the holders of the second consolidated mortgage bonds, leav- Mllcr. Entire length. ll,njT ing the former, as is claimed, without remedy. A judgment of Double track St* foreclosure and sale in that action was entered on Nov. 7, and the In Illinois 8,t»J decree especially provides for the proposed reorganization, to Branches Entile length 4,075 which, the plaintiffs say, the holders of $3,000,OOJ at least of first In Illinois 3,nw consolidated mortgage bonds are averse. The provisions of the Total, main line and branches, in Illinois 7,305 decree, it is charged, are illegal and oppressive, and in it large CONSTRUCTION. amoun's of indebtedness lor rental money and lor guarantees are Number wooden bridges in Illinois 1.212 charged upon the Erie Company's property, with the consent of Length, in feet lil,487 Stone bridges in Illinois . the Trust Company, against which other seiious charges of a 54 Length, In feet . . 1,070 similar character are also made. C' mhination and iron bridges 154 The plaintiffs ask for an accounting of the first consolidated Length, In feet 38683 Wooc trestles 4/.J47 mortgage bonds, and of the amount due on them for principal en Leneib, in feet 3ftt,744 and interest ; for the removal of the Trust Company as Tiustee, The statistics as to iron and steel rails are so clearly defective the appointment of a new trustee, and a forfeiture by the Trust as to be unworthy reporting. Under the head of "rails laid* Company of all right to compensation for its services ; for the some companies report evidently the total length of iron or steel taking pof session by the new trustee of the railroad, &c. ; for an rails on the road, while others report, as ia ictencod, tho length injunction to restrain the Trust Company from doing anything or of such rail laid during the year. procurin? anything to be done in regard to the road, by litiga- equipment. Number. tion or otherwise, and espec ally from coercing bondholders into 3.3T» consenting to the scheme of reorganization ; for the appointment rears I/O of a of the suit and for the receiver to act during the pendency ; Express, mall and baggage cars 80(4 48,0781 foreclosure of the first consolidated mortgage, and the sale of the Ilex : u il stock cars Erie Company's property a3 an entirety." ilit cars 20.1U

Total cars 8M58 Louisville Cincinnati & Lexington.—In the County Court Stations In I llnols l.*"3 Sat of Fayette, Ky., a mortgage for $1,010,000 has been filed. i.-su'ri by .Junctions iu Illinois the President and Directors of the Louisville Cincinnati and Lex- CAPITAL STOCK AND DEBT. Jio.mrBT ington Railroad Company upon the rood and all its property to : stick Ci imuoii slock •.•nt.37T=.5» secure negotiable coupon bonds to the above amount. The li.-bl -kS.li>l.;3f> !« mortgage is made to Joshua P. Speed, W. B. Caldwell and W. C. Moating debt it,. ,.»,» Hite, of Louisville, Trustees, and contains tho customary coven Total ftork and debt... *•• *' 61 32;-*, ants of railroad mortgages. It is to he next in priority to the J' A vi rage stock and debt per mile 3S,i-<* Green mortgage. bonds are thus rated : One tltoujaud $100 The CROSS RECEIPTS—ENTIRE LINES. bonds, letter A ; four hundred $500 bonds, letter B; sevi-n bun Pa«rengcr *!!*!S'32 dred $1,000 bonds, letter C. These bonds have been duly exe- Freight: 84.788,8*5 cuted and delivered to the trustees. Malt, express, &c 5.h5S,t31 tiMVWrj Pennsylvania Railroad.—The following is a statement of the Tol,.l Average grots receipts ppr mt'.e > <* business of the Pennsylvania Hailroad for October, and for the fnct that it ten months ending with October, as compared with _tli« corre- The value of tin so figures is greatly reduced by the aloue. Some sponding periods of last year: has seemed impossible to obtain them for Illinois ol the reporting roads run through two or more States, but there An lines eost of Pittsburg ard Eile for October, 1577, as compared is ot accurately determining what pnrt of the receipts with same month last year, show a decrease of gross earnings $704,881 no method Decrease of expenses 11B.514 is earned In this State. onOSS EXPENSES ENTIRE LINKS. Net decrease *077,S7. Gross operalingrxpcnscs for the yesr 3!, compared with ^''^'liVi For the ten months of this year ending October Average operating expenses per wilo gross earnings of..$5,12o,7 b^.tSi the same period lift year, there Is a decrease in Extia expense, aMaxcs. &c Decrease i,8*8,!J4 si'i^'ri* in expenses Total and extra expenses operating ii 'Si-iini Excess of receipts over expenses *,-''-Ji Net decrease 18,108,848 Deficits i4«s Avcrogcnet reccip's per mile o ««'aS All ten months of this year way, *c lines west of Pittsburg for the Paid for new buildings, coil pments, ilghiof ,'.. ••• ,im,o«i522 show a deficiency in meeting all liabilities of $361,470, being a Interest paid ou bonds and rental for other reads. » gain of $353,893 during the month of October. ACCIDENTS AND DAHAOES— ENTIHK LINES. Passengers killed Injured Portland & OgiTcnsbnrg.— The Portland Press says that the Passengers J. Kmployes killed ••• holders of of the $800,000 of first mortgage bonds of the «,? $750,000 Employes injured Portland ft Ogdensburg Railroad have entered into the agree- All others killed . , ment for funding the coupons, proposed some time since. All others injured ssua Damsecs paid for persons killed or Injured.... The President of the Damages paid for * lock killed • Portsmouth Grcnt Falls & Conway.— "ipsa paid for properly destroyed by Are from o gli.es Eastern Railroad Usu-b tb.3 following notice: Damages RECEIPTS AND EXPEN818 FOS FOUR YKAR8. Boston, November 27, 1677. and net The following table, giving Ihe earnings, expenses To llu Holders tf the rorttmmith Great Falls and Conway Sonde: valuable In past four years, is not only the moat The Directors of the Eastern Railroad Company are advised that Hie srecial receipts for the as any single table yet statute and moi tgaae under which they are nowacting in effect prohibits their the report, but will D3 found as useful dually, suit has paying Interest on the Conway bonds. To settle the question published in relation to railroad interests : on.-ht in the Snprrme Judicial Court, which will bo pushed to tne Gross receipts. Expense Ke *,I possibla conclusion, and will be decided, it Is be Ived. within J E!"B speediest $%,816,<.IM three months. Meanwhile, as security for tat bondholders, the Director* , 874 •SiS'JS JS4< 103.IM M.73»,!Wt 'V8» have set aside a fund equal to the intei est accruing December 1. which is appro] r aim solely to paving tliat interest should the Court decide in favcr {$ .; *0f5S» Hk*vS •** of the right of the company to pay It. •

~~534 THE CHUONICLK. [Vol. XXV~~

MONTHLY EARNINGS OF PRINCIPAL RAILROADS. Jan. Feb. Mar, April. May. June. July. Au», Sept. Oct. Not. Dec. Total. A tck. Top. Ac S. Fe.— 874 (509m.)... $62,793 873,505 $121,005 $114,215 $101,311 $101,774 $100,611 $112,631 $110,553 $133,654 $116,379 $102,225 ,?1 ,250,806 «75 (509m.)«.. 83659 73,410 104,053 112,474 107,615 104,413 113,150 152,215 147,551 193,928 178,951 152,534 1,520,359 Ifi76 (711m.)t.. lir.417 141.133 180.217 197,99 i 219,170 181 611 193,851 243,113 265.593 2:17.958 235,793 204,117 2,436,533 1877 (711 m.)... 134,361 136,350 139,130 200,631 139,915 135,731 137,143 355,5:2 275,012 310,000 Bur. C. R. Ac Norili.™ 1874 (401m)... 108,303 81,213 83,016 84,693 86,819 91,205. 87,435 im,2?0 126,295 142,311 109,535 120,717 1,24S,875 1375 (401m.)... 102,565 62,701 97,218 100,535 103,241 101,700 132,923 112,759 117,928 136,125 127,370 110.803 1,311,377 1376 (401m.)... 91,931 101,692 105,841 83,164 100,902 10>,70) 73,243 77,951 90,801 111,441 91,903 90,183 1,123,071 1877 (401m.)... 73,961 68,091 73,191 72,135 71,605 69,337 73,300 113,625 191,225 171,533 Central Pacific— 1874. .(1,219 to 1,213m). 848,558 804.044 832,123 1,110,624 1,311.609 1,366,615 1,286,910 1,322,557 1,371,739 1,465,515 1,331.766 1,370,331 14,522,914 1875. .(1.237 to 1,109m). 963,938 9%,159 1.116,263 1,366,931 1,798,469 1,738,370 .1.516,225 1,553,011 1,587,108 1,615,971 1,518,836 1,833,209 17,035,083 1876. .(1,309 to 1,660 m.). 994,319 1,017,204 1,184,633 1,427,035.1.757,115 1,646,269 1.541.222 1,696,15) 1,371.876 1,838,066 1,675,532 1,111,000 18,110,794 £877.. (1,660 m. to ;. 1,125,000 951.0J0 1,212,000 1,416,000 1,575,000 1,331,000 1,333,000 1,335,000 1,420.535 1,696,010 Chicago Ac Alton— 1874 (850 »>.)... 344,420 339,876 362,342 384,335 397,683 498,815 431,439 430,055 534,012 550,951 416,541 354,725 5,126,223 1875 (630 m.)... 319,928 323,219 363,627 367.955 351,014 332.231 337,445 411,910 490,231 489,019 315,779 369,312 4.655,764 1876 (673 m.)... 305,597 316,850 355,527 333,999 423,615 451,031 4)1,671 510 795 524,244 532.318 367,393 374,351 4,900,523 1377 (678m.)... 351,608 325,046 315,455 339,335 311,265 353,982 3)5,927 491,723 430,931 417,783 Clite. Hnr. &

1874 (1,384m.)... 870,725 755,326 891,353 946,125 1,004,693 1,060,259 834,013 1,161.357 1,091,641 1,129,192 1 (007,W« 842.210 11,845,315 1875 (1,284 m.)l.. 860,945 761,163 920,923 979,560 981,085 943,105 911,161 1,066,367 1,213,221 1,133,610 1,010,538 823,468 11.733,443 1876 (1,297m.)... 812,962 915,623 835,753 392,370 1,010,570 1,099,600 814,175 1,049,370 1,312,122 1,339,26) 1,036,817 826,120 12,003,931 1877 (1,297m.) 883,065 960,198 1,330,219 1,363,310 Chic. ma. & St. P.— 1874 (1,399m.)... 651,423 657,498 576,371 712,051 961,930 886,709 749,215 701,373 793,859 852,153 691,250 662,333 8,953,018 1875 (1,199m.)... 466,101 323,273 502,765 619,869 718,465 742,163 812,395 630,516 741,206 974,212 927,039 747,803 8-2,3,3,713 1876 ...(1, 399 m.)... 537.546 517,112 567,641 650.961 819,561 877,692 635,270 559,775 64.5,811 817.35) 735,230 610.2S3 6,031,170 1377 (1,399 m.)... 375,460 405,000 469,000 515,000 606,000 539,000 5i8,00J 677,000 l,160,0j0 1,133.00) Chicago Ac Northwest.— 1871. (1,501m.)... 1,014.511 900.765 1,024,051 1,030,193 1,200,591 1,183.522 1,011,683 1,113,371 1,251,355 1,407,975 1,065,735 1,031,027 13,361,690 1875 (1,591m.)... 825,469 671,781 970.051 1,031.33) 1.161.459 1,052.8)0 1,257,39; 1,018,634 1,211,8)5 1,409.168 1,196,311 12,811,227 I87S (1.501m.)... 808,813 854,627 911.430 919,973 1,030,751 1,232,407 1,015,993 985,632 1,182,330 1,403,992 1,117,319 901,810 12,487,510 1877 (1,501m.)... 721,021 714,116 804,556 853,895 930,014

Chie. It . I. A I'm.— 1874 (674m.)... 493,017 471,213 511,310 578.461 530,905 581,748 519,335 702,708 633,151 752,149 603,078 652,601 7,161,188 1875 (874 m)... 562.259 512,230 664.981 016,773 640,281 613,067 613,369 611,617 725,473 733.115 606,345 532,313 7,178,504 187S (093»j.'.§.. 489,633 544,705 553,727 506,411 626.718 059,193 521.120 583,491 661941 715,500 586,523 531,004 6,972,013 3877 (732 m.)... 489,888 500,898 532,721 615,177 564,172 536,234 604,898 751,598 793,277 Man. Ac S*t. Jos.— 1874 (296m.)... 103.092 136,677 133,158 153,635 133,059 146,952 135,432 207,529 S03,ail 212.879 181.123 143,128 1,944,061 1875 (296m.)... 94,512 116,331 138,779 147,419 125,890 122.455 113,131 153,068 154,631 173,911 169,881 151,709 1.661,473 1876 (296m.). .. 1429(8 156,111 174,315 145,571 141,239 111,426 138 037 171.380 187,575 188,976 173,401 153,312 1,027,933

1877 (296 m.). . 122,796 132,961 157,217 186,966 162,719 165,419 129,781 222,168 206,931 230,00) Houston & Tex. C— S874 (503m.)... 422.683 803,830 255,893 201,870 134,703 171,035 185,213 213,993 251,533 311,102 329,516 317.657 3,151.020 1875 (508 m.)... 232,257 212,331 205,211 165,037 111,200 145,137 153.897 211,133 291,761 407,435 412,611 401,593 2,930.033 5876 (508m.)... 301.833 250,965 221,761 191,933 1)3,373 151,815 143.375 208,106 320,236 377,340 421,191 375,341 3,162,519 1877 (508m.)... 243,335 151,577 199,375 211, 139 351,650 Illinois Central— 1874 (1,109m.)... 583,997 517,671 561,793 5S6.962 672,234 692.416 627,454 711,969 758,516 838.307 663,943 680,435 7,900,720 1875 (1,109m.)... 591,031 481.681 595,519 610,459 604,831 602,503 715,899 613,446 718,101 816,508 773,092 679.434 7,802,556 1876 (1.109m.) .. 653,574 577.70! 5S1,004 530,259 605,131 666,125 494,529 630,179 616,292 707.983 575,306 532,857 7,040,963 1877 (1,109m.)... 466,499 460,839 417,409 458,707 751,254 Ind. Bloom. Ac W.— 1874 (344m.)... 149,237 131,001 155,363 185.311 120,435 137,453 130,481 141,410 153,610 148,158 133.423 122,775 1,672,706 1875 (3i4m.)... 116.826 91,744 108,109 102,876 89,894 82,233 87,445 107,108 143,734 137,556 141,300 140,815 1,155,493 1876 (314 m.)... 131,386 142,619 103.513 130,303 130,535 129,090 83.507 133,275 121,378 137.SU 93,648 111,656 1,462,804 1877 (314m.)... 92,166 93,176 90,471 111,179 107,309 85,090 81,726 128,636 121,909 119,063 Cntern'l AcUt.'S

1875 (459m.) .. 125,395 115178 105,599 86,455 32,285 75,481 71,185 80,061 88,950 155,855 188,466 190,191 1,305,634 1876 (459m)... 140,346 116.U6 95,521 78.879 70,606 64,913 72,106 86,128 131,997 155,955 213,929 213,973 1,440,8*1 1877 (519 m.)... 174,013 136,055 112,037 79,244 82,010 73,897 89,401 114,518 136,000 181,235 -Kansas Pacific— 1874 (673m.)... 167,143 180/17 251,948 303,662 322,657 817,'89 293,313 302,174 305,895 385,090 187,927 240,830 3,356,750 1875 (671m)... l'>9.333 202,525 255,474 293,347 294,202 277,733 292,462 315.237 315.611 350,973 300,901 2*5.825 3,38.3,760 1876 (673m.)... 205,4)2 209,463 218,780 243,393 247,602 2)8,437 234,032 354.7S1 301,959 345.360 883,691 216,927 3,000,798 1377 (673m.)... 176,265 131,094 230,284 253,193 216,552 253,853 274,152 303,825 343,661 305,361 Mo. Kau. Ac Texas— 1874 (786 »i.)... 266,333 230,371 262,801 213,717 221,953 213,411 261,78! 291,873 342,037 323.840 271,370 260,475 3,*95,495 1375 (736m.)... 199,680 195,234 233,035 193.471 1S7.091 221,44) 211,735 270,913 291,827 805,144 300,534 295.738 2,904,925 «876 (7,36m.)... 236,459 251,721 215,814 214,788 212,923 231,126 224,108 291,350 321,141 335,275 321,836 298,466 3,217,217 JS77 (786m.)... 237,032 235,103 217,505 221,653 231,307 258, :23 253,125 323,317 307,178 323,531 Mobile Ac Ohio— 1S74 (523m.)... 293,927 213.348 174,968 131,954 146,667 120,407 119.047 116,639 155,202 212,607 257,845 635.408 2.391.019 1875 (528m.)... 196,729 156,174 130.251 109,711 100,532 89,938 102,101 112,871 149,821 219,801 255,391 231,014 1,914,142 1376 (528m)... 232,339 173,249 149,829 105,583 101,542 85.-812 9.3,912 113,036 175.071 254,507 281,590 309,603 2,099,312 1877 (52Sm.)... 232,382 174,393 133,687 97,037 95,401 £8,949 96,932 125,714 111.762 231,800 •St. I. A.&TH.Brch».— 1874 (71m.)... 38,607 37,493 44,472 41,093 40,867 43,153 42,791 50,039 55,232 65,800 46,930 52,812 559.317 1875 (71m.)... 57201 55,727 49,358 40,446 89,033 36,315 35,753 40.414 48,710 57,351 60,700 601,821 561 868 1876 ...Clm.)... 33,980 39,595 42,239 33,138 3),290 37,281 21,561 35.113 44,589 60,761 48,289 51,030 497,923 1877 (71m.) .. 51,413 36,333 43,223 36,407 34,950 34,687 31,738 46,244 43,663 61,6)9 St. I.. Irou TWT. Ac So.— 1874 (6S4m.)... 250.074 217,308 236,132 230,434 244.894 238,608 233,243 251,230 292,216 357.820 337,742 404,219. 3,29S,9S5 1875 (684m.)... 550,789 281,912 275,910 261,560 275,117 291631 225,211 253,057 333,776 833.t04 423,765 497,650 3,802,912 187S (681m.)... 327,190 312,116 296.201 273,895 257,333 252,641 257,587 274,160 354,911 437,902 450,332 507,764 4,002.045 1877 (634m.)... 377,203 353,407 £5~,778 237,903 289,636 274,164 2:7,320 374,165 421,601 512,210 St.L. Kan. O. & N.— 1875 (504m.)... 208,088 196,155 243,991 220,632 183,053 178,331 153.497 243.838 216.621 263,240 230.626 265,536 2.636.707 1876 (504m.)... 246,099 282,879 271,230 211,002 237,355 223,720 216,917 2.55.6S3 290,800 328,508 232,643 i.01,T78 3,136,021 1877 (526m.)... 210,042 234,433 227,173 171,856 193,924 S02.026 321,180 347,940 St. L. Ac So'eastern— 1874 (3.38m.)... 111,900 99,447 107,971 93,997 8S.558 96,939 92,821 110.924 118,812 131,865 102.608 102,912 1,253,754 1875 (353m.)... 84.516 80.0S7 83.<-00 85,915 73,724 65,033 67,145 73,611 88,678 104,356 101,736 91,308 1.006,649 1876 (358m)... 80,812 83,648 85,331 79,268 87,836 90,660 89,4.36 101,966 104,409 112,916 98,010 61,531 1,103,941 1877 (358m.)... 90,122 81,471 81,306 75,512 79,823 76.81S 91,164 110,698 1C8.095 114,411 St.P&SC&SC*St.P— 1814 (270m.)... 42,335 43,161 51,660 72,319 89,472 71,432 70,831 72,936 86,748 90,953 68,167 62,075 626,081 1875 (270m.)..- 33,880 23,033 42,551 58,866 73,321 65.759 Si;054 63,455 77,303 117,915 118,775 107,562 K7.478 1376 (270m.)... 69,187 67,072 70,313 57,846 74,216 85,616 81,990 70,069 81,211 115,6)2 90,959 61,477 751,847 1877 (270m.)... 46,119 48,963 50,512 59,348 55,935 01,561 61,615 03,193 103,918 140,750 Tol. Peo. Ac War.— 5 '•''• ' 805 74 - 809 70 5E2 7 Jfg— 9S«*-F" ZV122 ,?i'?°S .A ' m W' WIS ISWl 127,167 123,920 113,762 1,120.48 m -- 8 - 01 - 9 --"" 6 J Kg i--- 22-J2? -JHi2 -SHS m< m w« » .»-4 uw*s ww 101,075 9s,o65 1.411,73 *BK ?£(23. m.)... 78,571 80,579 84,220 90,113 83,011 80,010 74,359 121,274 116,591 115,167 .. Union Pacific— m 1 687 0S6 834 - 955 qlo of)5 ' - O"2- 881 85°. 1

* 509 miles were operated up to the close of August, 553 miles in September, and 629 mill's for th - remainder of the year. + 629 miles were operated m January and February, and 711 miles the rest of the vear. 1,264 miles were operated until 17th of November, afier which lime 1,297 miles were operated. In January and February 671 miles J were operated ; from March to October, both inclusive, 6 )9 miles; November and December, 732 mUcs. . t

mi; i-.it 1877. 1, J THE CHRONICLE. 535 &be Commercial tEimee. COTTON. Friday. P. M„ November 80. 1877. T}6¥MRcTnr~EPTT6MET Thb Movement of the Crop, m Indicated by our telegram* Btudat Nioht, Nov. 30, 1877. from the South to-night, is given below. For the weak ending I |'l'lii» intervention of a close and general holiday thin week has this evening (Nov. 80), the total receipt* have been iuM-d to other obstacles to aa active business which are reached 172,91(1 peculiar to the season. We have at length the clear, cold weather bales, against 200,080 bales last week, 101,571 bales the previous certain that ib so necessary to promote activity Id branches of week, and 108,776 bales three weeks since, making the total re- trade, and in these the prospect is that we shall have a very fair celpttBlnce the 1st of September, 1877, 1,499,517 bales, again* movement before the Christmas holidays bring the business ot 1,843,665 bales for the same period of 1876, showing a decrease the year to a conclusion. Our er.port trade is swollen by the movement of the " new crop" of lard and bacon, which may now since Sept. 1, 1877, of 341,113 bale*. The detail* of the receipts be regarded as fully opened for the season. for this week (as per telegraph) and for the corresponding week* The provision market has been dull for the past week, and of five previous year* are aa follow* : there is a further decline to note in prices of pork, lard and other products. To-day, mess pork Bold at 50 on the Log $13 40@13 Receipts this week at— 1877 187*. 18)5. 1874. 187.1 is-.*. spot, with $13@13 05 bid and $13 40 asked for January and

February. Lard sold at 35@3 40 for prime to choice Western i:| $8 New Orleans . 51,116 40,553 Vj.'si KU ii m 42,654 the spot, and 35 for December, $8 37} for January, on $8 32J@3 Mobile 17,511 19,940 16,181 20,604 18.85* 16,5-n 47j for February. Bicon has been more active, the " and $8 45@8 Charleston 15,488 26,042: 13.951 H,5M 18,79* transactions being in Western long and short clear for 1*.»0I principal Port Royal, 4c. 801 1.1S8 1,584 } December delivery, at or about 6Jc. Cut meats have been dull. 8.407J Savannah <&c. 25,751 26,912 S2.451 30,177 27.781 28,017 Beef and beef hams are without new feature or change in price. Galveston 18,227 26,691 19,736 22.318 19.625 and cheese ruled dull, but close rather steadier. Tallow | 15,318 Butter indlanola, Ac... 431 234 967 514 7J9 has been more active at 7|@7 11-lCc. for prime. Hog packing in Tennessee, &c. 9,559 10.737 11,515 7,1") 4.980 tho West, as reported by the Cincinnati Price Current, has been Florida 393 958 r.r, 819 n £85 as follows : North Carolina.. 7.145 7,871 :. 2,192 1,597 187?. 1«76. M Norfolk 10,633! 19.371 15,00) At— Nov. 1 to SI. Nov. 1 to 21. 28,252 18,707 mjm Chicago 2W.0OO 2o5.0>0 City Point, 4c. 6,3I9 1,323 693 ore! 1,410 1 M Cincinnati 70,000 60,000 Louis 40.000 8',C00 St Total this week 172,216 204.879, 157,880 175,9)2 170 7J3 18S.97S Indian.ipo Is SVOOO 65 000 Milwaukee 40,000 85,000 Total since Sept. 1.... 1,<99,5l7,l,8l3,ei5|l,5M,9'5 1,457,10) 1,151,095 1.278.930 Lonisville r 40,000 85,000 Pknsaoola, Florida.—We have received a telegram from Pensacola to-night, Total six points 510.000 505,000 saying that All oth:r (estimated) 280,515 8T;,8J4 1,100 bales of cotton were received at thit port this week for shipment North. Grand to:aI 790,575 782,631 The exports for the week ending this evening reach a total of The market for Kentucky tobacco has been more active, the 109,6S5 bales, of which 50,887 were to Ureat Britain, 26,113 to sales lor the week amounting to 1,0C0 hhds., of which 900 were France, and 26,705 to rest of the Continent, while the stocks aa for export and 10J for home consumption. Prices are rather made up this evening are now 676,717 bales. Below are the easier, lags 3@4}c, and leal 5}@13c. Seed leaf has been quiet. stocks and exports for the week, and also for the corresponding There is, however, at the close a better prospsct, owing to the week of last season: probable early termination of the cigar makers' strike. SaleB been 150 cases sundries, 4 to ISs.; 200 cases, 1876 crop, Eng., Exported to Stock. have N Total Same Week ending 10 to 25c. ; 75 do., 1876 crop, Penn., 15@20c; 30 do., 1876 crop, this week Nov. Oreat Conti- Oliio, private terms. The business in Spanish tobacco embraces 30. Prance 1877. 1876. Britain. nent. week. 1876. 400 bales Havana at 80c.@$l 19. Rio coffee, stimulated by favorable advices from Brazil, has been ->.- New Orleans* 8,081 19,258 8,04 J 35.373 30,621 215.312 M active at higher prices ; ordinary to prime cargoes accord- more Mobile 4,777 1,350 6,127 MB •MM 63,838 gold, jobbing lots ingly now rule at 15|@19lc. with 15f@21|c. 5,056 4,313 5,571 14,170 11,457 65,230 111.301 first hands is now 76,036 bags. Mild grades gold ; the stock in Savannah, &c 6,856 910 7,602 15,368 11,906 90,581 98,171 sold freely at steadier though not materially altered have more 5,156 .... 5,156 21,310 72,611 99.012 prices the sales within tho pp st week have been 7,500 bags Mar- ; 13,663 232 1,212 15,127 18.619 80,601 191,103 acaibo, Sivanilla, 2,200 bags St. Domingo and 603 bags 1,500 bags Norfolk. 11,390 11.3 9,181 23,436 56,655 Mexican. Maracaibo and Savanilla are now quoted at 10@18}c, 1,888 4,280 6,168 6.343 51,000 40,000 Mexican at lCi!gl8}c., and St. DomiDgo at 15£@151c. Today, coffee was active at firm prices. Total this week.. 55,837 86,11* 26,705 109,085 121,030 -676,717 MMDJ Rice has sold moderately at about steady prices. New crop Total since Sept. 1 413.051 98,901 115.575 Rt7,5H 744.631 1 .... Orleans molasses has declined somewhat under larger re- New * Aew urteanz.—oar telegram lo-nigln trum .sew Orleans snows mat (O ceipts, but a very fair trade has been done. Raw sugar has de- above exports) the amount of cotton on shipboard and engaged fo-* shipment at

that n»le« : tor Havre, 37.500 bales : for clined to for fair to good refining.and 7|c. for prime, with port is as follows: For Liverpool. 6425J 7J@7ic the Contlneut. 26,"00 bales; for coastwl»6 ports. 8,750 bales; which, If deducted from fair transactions on this basis. The statistical position is shown the stock, would leave u 9, OX' bales, representing the quantity at the, landing and la presses unsold or awaiting orders. below: • 1877. 1576 t Galveston.—Our Galvestou telegram shows (besides above exports) on ship- Tons. Tons board at tint port, not cleared: For Liverpool. 17,550 bale*; ror other foreign, New York S9.091 12,136 3,912 bales; for coastwise ports, 2,82) bales; which, If deducted from the stock. Boston 28,594 4,425 would leave remaining 48.520 bales. the of "other no-ts" Include from Balti- Philadelphia ... 511 931 i The exports this week under bead more, 1,53) bales Liverpool and 2.6)3 biles to Bremen ; from Boston, 200 bales Baltimore XA3Q 423 to to Liverpool; from Philadelphia, 150 bales to Liverpool; from Wilmington, 1,155 bales to the Continent. Total stock Nov. 29, 1877 69,331 17,933 From the foregoing statement it will be seen that, compared Total stock Nov. 30. 1676 17,93 1 Total stock Dec. 2,1875 52,600 with the corresponding week of last season, there is a decrease These figures represent the regular importers' stocks, and have in the exports this week of 11,345 bales, while the stocks to-night no reference to the considerable stocks held by refiners who have are 255,838 bales less than they were at this time a year ago. imported on their own account. The importations since*January The following is our usual table showing the movement of cotton dates: 1 at the ports above mentioned have been 598.351 tons, against at all the ports from Sept. 1 to Nov. 23. the latest mail 541,757 tons during the same period last year. Refined has been EXPORTED SINCE SSPT. 1 TO — BXCKIFTS Coast- in only moderate demand and has declined ; crushed is now 10c. BINCI SEPT. 1. wise Stock There is a comparatively small trade in refined sugar for export, PORTS. Great Other France Total. Port*. owing to the reduction of the drawback rates some time ago. 1877. 18'6. Britain forel'n Naval stores have been quiet at last week's prices. Petroleum 171,328 51.355 215.476 N. Orleans. 331,256 592,225) 102,28o! 85,018 31,50 has been lower and very quiet all the week ; refiners have not 116,821 8,42;| ...... 8,117 67.000 11.863 offered oii for early delivery, but contracts have been obtainable Mobile 196,411 243,781 35.833 19,282 13,701 6S.S31 51.815 75,348 at to-day, in fact, at as low as 12fc, with December oil Charlest'n* 13Jc, and 83,121 92.991 211,261 227.231 41.933: 7,831 i»,«n «i',2« at 13c; crude, in bulk, 8c. Whiskey has been quiet at $1 10.}. 29,021 7,123 83, a: 65.110 67.ni Grass seeds have most of the time been very quiet, and timothy Galveston*. UB,BH 227,685 27,«63 74,771 1,433 11,661 90,8 8 .... 61,378 seed has receded to $1 37$, with clover nominally 8i@8fc. Block New York.. 9,311 6,873 — 1.638 .... tin has been quiet but steady plates have been dull. Pig iron Florida 1,638 ; 4,611 12,518 30.701 r.u.ii • 2,8» 1,730 has been quiet and unchanged. Ingot copper has been more N. Carolina 55,130 — l.s> 121.262 33,966 1S6.325 261,751 26,705 .... NtW active and firm; on the spot there have been sales at 17}c Norfolk* . 83,779 .... 8,213 37.051 MyM besides 1,500,000 lbs. for delivery from January toJuneatlS® Other ports 17,662 83,604 72.19) 88,87d| 517,811 171821 i.i.m: 18ic. Tot. this yr. 1,327,301 356,18lj There has been a fair business in ocean freights, and rates have 4)2,371' ur.oM 16,1H MB.MI 557.503 881,019 generally been Bteady, though petroleum vessels have been ob- Tot, last yr. IA°8,7S6 of to Is Included Port rtoyal, *c. : under the bead tainable at a slight reduction. Late business includes : Grain • Under the bead of Oharmum idlaaoia.*c; under the head of Mt.r/5« is Included Clt» Liverpool, steam, at 8d.; cheese at 40*.; cotton at £d.; oil cake Qalcexlon ts ncluded by Point 4c. to at 23s. 9i.;. Hour, by sail, at 2s. Od , and bacon at 30s.; grain return* do not correspond precisely with the total of London, by steam, at 9d.; cheese at 40s.; grain to Bristol, 9id.; These mail because in preparing ;hem it is alw»y» day, grain to Liverpool was taken the telegraphic figures, butter and cheese at 459. Ta port*. to incorporate everv correction irude; at the at 8d., and to Cork for order.-, at 6s. 8d.; and refined petroleum for necessary week has been *trn;,g for cotton on the spot, United Kingdom or Continent as 4s. 9d.; and crude to a The market this Cork, 16c Stocks con- and on Monday quotations were advanced l- - French port from Baltimore, ftt 4s. 9d. . : 6 : : : . : .. 1 1 11 :

536 THE CHRONICLE [Vol. XXV, tinued very Small at tliis point, being only about one-third the The following exchanges have been made during the waek. total of last year, and the fn>e exports from the Southern porta •2rc, paid to exchange HO Jan. for March. not afford much encouragement that our supplies will be •t.Hc. paid to exchange ICO s. n. Nov. for regular. do 13c. paid to exchange 5)0 -Ian, for Feb. much enlarged at an early date. Tlie demand has been mainly •39c paid to exchange 21J Jan. for Apiii. from home spinners. To day, the market was quiet and un- 110 Nov. for Dec even. changed. For future delivery, speculation received a strong The following will show the closing prices bid for future de- impulse on Saturday from the weather report of the previous livery, and the tone of the market, at three o'clock P. M. on the week and the statistical position, and prices continued to rise till several dates named about the close of Monday's business. On Tuesday, however, MIDDLING TrPLA2fr>3—AMRBIOAW OLASSTPrCATTON. there was a sharp decline under sales to realize, prompted in a Frl. Silt. Mon. Tues. Wed, Frl. the large receipts at the ports on Monday, but more Market- -Dcpres'd. Buoyant. Firmer. Lower. V.:riable Firmer. measure by .'2 11 -0 li*8l 1 1 .'T ll'H 1 1 directly by the weak accounts from Liverpool aud the disturbing 1114 11-2'. 11-83 11-H 11-18 ii :ii political rumors from Paris. On Wednesday, Liverpool was u-21 ;r:9 Ifll ifsa 11-26 11-30 11 31 1112 1141 V.-3I 11-83 U-13 again weak, but our market showed a disposition to cut loose U 49 11-55 11-51 li-ea 11 5 11-56 Mill 11-61 11 -69 11-71 i.-(..-i 11-61 11-69 it, and at one time the decline of Tuesday was recovered, the from 11-81 ll'6» U-18 If 71 11-S2 receipts at the ports being quite email; but the close was with the 11-S8 U-9i 11-97 11-91 U-'l 11-84 July 11-91 11-91 18-01 l!-9i 11-15 11-110 mostly lost, and an irregular market. To-day, there was advauce 1)\6 18-06 12-10 11-91 12 0) -20 • 11-25 a slight advance, notwithstanding dull foreign advices. Tranaf-ord'Ts. 11-25 lf3l 11 ro 11 1 1 1 Cloting- Eaiy. Firm. Steady. Easy. Stealy. The total sales for forward delivery lor tne week are 207,900 Firm. 3old 102 X 102X 102 X lt'3 It-Jf 103 bales, including — freeon board. For immediate delivery the total Sxchange .. .. 4'ISX 4-WX i-SX 4.79* 4 ,9 419 sales foot up this week 4, 200 bales, including 53S for export, Visible Supply of Cotton, as made up by cable and 3,410 for consumption, 274 for speculation, and in transit. The telegraph, is as follows. The continental stocks are the figures Of the above, 1,033 bales were to arrive. The following tables of last Saturday, but the totals for Great Britain and 'he afloat show the official quotations and sales lor each day of the past returns, and consequently week: for the Continent are this week's brought down to Thursday < vening: hence, to make the totals the N. ORLEANS, complete figures for to night (Nov. 30), we add the item of exports New Cotton. Sat. jillon. Sat. Moil Sat. non Sat. Mon. from the United States, including in it the exports of Friday Nov. 21 Nov. 26 Nov. 21 Nov. i( Nov. 21 Nov. 26 Nov. 21 Nov. 81 only 1877. 1876. 1875 1S74. Ordinary * n>. 9 13-16 9X 9 13-16 1>X 9X 9 15-16 9X 861,000 452,000 500,000 500.000 Strict Ordinary 10 3-16 W'4 10 S-16 10 5-16 10 5-16 10X Stock at Liverpool 10X 111,750 blood Ordinary 10 7-16 10X 10 7-16 ietj 10 9-18 10 9-16 10X Stock at London 19,0.0 40,720 61,750 Strict Good Ord'ry. 10X 10 11-16 10X 10 11-16 10X Vi\ 10 13-16 Low Middling 10 i5-'.6 11 10 15-16 a 11 1-16 11 1-16 UK Total Great Britain stock 350.000 492.750 617.750 Strict Low Mlddl'g 11 1-19 11X 11 1-16 ux 1) 3-16 11 3-16 UX Stock atHavre 185,850 153,500 116.500 Middling 11 5-16 H« 11 S--.6 UX it 7-:o 11H UK 8tock at Marseilles 4,500 8,000 9,500 Good Middling UX 11 9-16 uS 11 9-6 uS HSi 1! U-:6 at Barcelona 31,000 47,000 51,250 Strict Good Mlddl'g 11 13-16 II* 1! 13-16 118 1 1! 15-16 Stock "X 18 10.5(0 Middling Fair... iig 12 5-16 12 5-16 ,_. 18X 12 7-16 Stock at Hamburg ... . 8,250 8,000 30,000 Fair 12* 12 '.3-16 12 13-16J12K 12* 12 13-16 8tock at Bremen 39,5"0 42.230 i 79.750 Tuck Wed. Tuex Tuc» Wed. Tucs'Wed Stock at Amsterdam 86,000 49,251 New Cotton. Wed Stock at Rotterdam 9,500 13,500 17,750 Nov. 27 Nov. 2S Nov. 21 Nov. 23 Nov. 27 \ iv. 28 NjV. 27 Nov. 21 Stock at Antwerp 4.500 7,230 4,750 continental ports. 6,250 13,750 20,000 Ordinary V ft. 13-: 9 13-16 9 13-16 9 13-16 9 15-16 9 15-16 9 15-16 9 15-16 Stock at other Strict Ordinary tox 10* WH 10X to* 10H 10.X 10X Good Ordinary 101* 10 X 10 < 10H 10h 10X l'X IPX Total continental ports 2)4,750 337,500 340,000 Strict Good Ord'ry, io ll-: 10 11-16 10 11-16 10 11-16 10 13-16 13-16 10 13-16 10 13-16 Middling 11 II 11 U'< 9l4,oro 966.750 Low u UK UX UX Total European stocks fi (4.750 830,250 8trlct Low Mlddl'g UK X UX li)j 11!.' UK 120.000 14" .000 145.000 "H India cotton afloat for Europe. . . 33,000 Middling 11 5-16 11 5-16 11 5-16 11 5-16 11 7-16 11 7-16 111-16 7-16 11 cotton afloat for Europe 344,000 428,000 587,00 4(0,000 Good Middling 11 9-16 11 9 16 11 9-18 11 9-16 11 11-16 11 11-16 11 11-16 11 11-16 American 4T,i 00 73.000 65,000 1 9.000 8trict Good Mlddl'g 11 13-16 11 13-16 '1 13-16 11 13-16 11 15-16 11 15- 11 15-16 11 15-16 E»ypt, Brazil, *c.,afloatforE'ropo 912,603 616,494 607,887 Middling Fair 15 5-16 12 5-16 18 5-16 19 1-1 i 18 716 12 7-16 .12 7-1 Stock in United States ports 676,717 119,i63 Fair 12 1S-1GU2 13-H 18 13-16 12 13-16 12 15-16 2 15-16 18 15-16 12 15-16 Stock in U.S. Interior porta 91,121 115,177 1 %00J 3,000 15,000 18,000 Frl. Til. FrI. United States exports to-day New Cotton. Th. Th. FrI. Til. Frl. Nov. 21 Nov. 30 Nov. 89 Nov. 30 Nov. 29 Nov. 80 Nov. 29 Nov. 30 Total visible supply.. ..bales.1,t5S,593 2,502,330 2.312.ie0 2,383,600 Ordinary lb. 9 13-15 9 13-16 9 15-16 13-16 ¥ 9 i above, the totals or American and other descriptions arc t follows 8trlct Ordinary 10* 10K H'K OX O,' the Good Ordinary 1UX 10X 10* American— Strict Good Ord'ry. 10 ll-'.l !0 'l-".« !0 13-16 13-16 10 stock 171,000 r 3,000 165,030 13-2.000 Low Middling 11 11 UX UX Liv ;rpool 1-6,008 20,1,000 1 19,000 128,000 Strict Low Mlddl'g UK UJ? u2 OoiiLiuental stocks ;-'6 I's.'M'i 537,000 4(0,000 Middling 11 5-16 U 5-16 ll ',1 7-16 American afloat to Earopo 341,0 d .liil I 07,987 Good Middling.. 11 9-16 11 9-16 11 1--16 11 11-16 U'.itedStates stock 676,717 811 3-16 Strict Go : d Mlddl'g U 13 10 11 11 15-10 11 15-16 United States interior stocks 81,135 115.471 911,666 119,868 Middling Fair.., 5-10 7- 6 U 12 18 7-16 States expoi ts to-day 15,000 15,090 18,000 Fair IS 13-16 12 18-16 12 15-'6| 12 15-16 United Total American balee.1,433,843 1,415,850 Bast Indian, Brazil, *<;.— Sat. ITIon Liverpool stock 190.000 279.000 8.15, (MM Nov. 2 BTor.36- London stock 19.0:0 411.770 81,750 Continental stocks 78,750 137.50J il .270 Oood Ordinary 9 9-16 "six afloat for Europe 13,000 120,000 Strict Good Ordinary 10 3-: 10* India afloat 47,000 73,1100 15.U00 Low Middling HI 7-U1 10* Egypt. Brazil, &c, Middling 10 13-16 10X Total Ea?t India, &c 3117,750 650,950 823,001 MARKET AND SALES. Total American 1,483.813 1,858.060 l,7,ti \l(',(l

baits. 1.7851,503 8,592,830 2,392,160 2,3S3,«0O SALES OP SPOT A?TD TRANSIT. FirrrREs. Total visible supply.... Spot Market Price Mid. Uplands. Liverpool... 6 7-16d. « 9-16d. 6>Jd. 7«d. Closed. Ex- Con- Spec- Tran- Deliv- Total. Sales. port. suinp. ulate sit. eries. These figures indicate a decrease in the cotton in sight to-night

:i dare of a 1 r the same Silt 1 il with 1876, ', . Qutet. firm. 950 890 40JOS 600 bales as compared "55 of 630,737 Monday , . 736 7)1 700 decrease of .'HO, 567 bales as compared with the corresponding Taesday Quiet, Btealy 380 543 200 1 ,063 43,300 1,300 :;-..«'., of 533,007 bales as compared Wednesday Urm.uncli. (juot 637 71 ' 761— l.HU date of 1873, and a decrease Thau ksglv ing Dai llo 1 lay 1874. Quiet, steadier 150 491 611 29,300 800 with the movement that is the re.ieipts 525 3.110 2:4 4.209 207.0X1 4,503 At thhTInterior Ports — and shipments for the week, and stock to-night, aud for the (including For forward delivery, the sales free on board) corresponding week of 1876—is set out in detail in the following have reached during the woek 207,900 bales (all middling or on statement the basis following is a statement of middling), and the of the - sales and prices Week ending Nov. 30, 1877- Week ending Dec. 1, 1876. For November. For January. rtp. Receipts. Shipments. Stock. Receipts. Shipments Stock. bales. cti. baTes. ct^ .1.-34 2X1 11- 8 1,000 II iO 6,908 4.249 15,482 10,7,61 11,781 13,920 FOB- 1119 4'l(l ll-.'l 2,100 total May. 3,4'i4 3,211 1(1,010 4,178 2,533 9,467 1(3110 11-20 1.S00 1 -22 Columbus, Ga 8,067 1,926 8,308 lOOa.n. 26tlull-21 3 2,10 11-2 2,654 1,909 9,886 2.101 S.OOO 11-21 6,810 ... 11-24 For June. Montgomery, Ala .. 6,239 4.65S 10,008 8,667 9,288 V0O 11-22 11 400... . 11-26 '.TO II- » 5,100 4.031 8,898 4,009 3 543 8,761 !XW U-21 11.400.... 11-26 i.o o r.-so Memphis, Tenn 21.525 14,717 36,0.15 22,880 li,;::: 60,184 2O08.n.2-lh. 11-21 9.600.... 11-81 ioo ii-i '2,3.4 1,454 2,453 2,655 2,181 5,614 211' NaBhville, Tenn .. 400 n-24 30.600.. . U-28 11-93 1,000 11-27, 20.20).... 11-2J 1.6') 11-..1 34,853 91,126 50,511 42,231 115,477 3.00 11-26 K'.IOJ.... ll-.ll ,400 total March. 100 1195 Total, old ports 48,244 S.U© U-iJ 3.5(0 ...... 11-31 '' -' 1-96 1,S9<). ll-tl 200 n-j- Dallas Texas I, '34 1,568 1.680 3,M0 3,329 2,617 11 3.800 total Jan. "or April. EBB 11-23 2,154 ooo 5,181 2?0 11-61 Joffer.-on, Tex 8,083 7,468 1,921 Knr February. 4.7)0 total June. 15,200 total Nov. 51* U-fii Shreveport. La 5,7H6 3,(61 5,911 4,182 5,lb5 4,753 SI 10. 1131 soi u-m sburg, Miss 5,708 6,S5ri 8,271 8,615 7,806 6,174 For December. 600. 1.-3J Vict 6 11-61 791 2,(ili8 1,773 518 6,708 400 U-15 800. 11-36 For July. Columbus, Mies 1,562 8» Wa' 1,25 3.968 9J0 11- « 8.610. U-37 ro 1-95 Bufaula, Als. 1,984 l os i 5,125 2,116 *W l'.-ftj 7 K0s.n.8 d.. 11-17 2.H0D. 11-31 Llo" ..11-96 Grifllo, 752 50) 1,554 '.(I 495 1,861 7M II Id Ga 1.2M... U,U .1,700. ;.- o ^10 ..i >: 6.143 4.091 16,724 5,408 4.7(.5 11,489 1j0 ... U-71 8.30) :t-n Ll*'. 11-10 5i'ii ..1-09 Rome, Ga 2,909 MM 8,888 1,551 1,818 1,200 2«is.n.ut ..ii-:9j 7.100. ii-il (00 ..12-01 3,100 total April. Charlotte, N.C 2.2 17 1,958 1,881 3,1(15 8,058 1,351 2.S00 if IS S.HUO 11-12 0.291 7,975 10, I7i 1 11,174 5,85 25,894 5.900. 11-20 2,900. U-43 8,700 total July. St. Louis, Mo 5,'90 6 .-oil 3,701) 10,472 0.7. B 11,009 2.70 11-21 I) 11-41 For May. 4,600 11-22 100. 500 11-76 8.2O0 11-21 TOO 11-77 For Al-gu*' Total, new ports 51,774 45,618 15,951 51,905 44,353 SI, 07.1 SMUU U-21 29,500 total Feb. :m.\ u-.a IP) l.-Oil 128W I1-25 00 u- o .00 12-U4 Total, all 100,018 79,877 157.082 105.416 86.589 10713 For March. voj ir:<-2 26,8)0 total Dec. 400 11-13 i.o u-31 5.0 total Aug. 1 For six days. a > »

~~December 1, 1877.J THE CHUONIOT.R 587~~

The above totals show that the old Interior stocks have Atlanta, Georgia.—\\a have had showers one day and It increased during the wank 18,083 bales, and are to-night 94,831 been misty one day, the rainfall reaching sixteenen hundredth*hundredth! of bales lest than at the same period lost year. The receipts at the an I mil. The thermometer has averaged •' I, the highest being same towns have been 2,207 bales less than the same week last 59 ami the lowest 39. year. Columbus, Georgia.— U has rained on one day this week, the rainfall reaching seventeen hundredths Wkatiibk REPORTS by TXLttORAPB*. —There has been very of an Inch. The thermometer has average! 48. the past week, and picking has made much less rain during Savannah, Georgia.—Them has been rain here on three days, fair progress. It has been cold, however, a part of the time, and tin; balancj of the week has boon clou 1 v. the rainfall daring the wholo roachlng, almost everywhere, Ice forming in Mobile, Charleston, &c. This wtek however, only forty hundredths of an Inch. The thermometer hag averaged 57, the highest being 09 feature, of course, is not favorable for any field work. and tho lowest 37. We had a killing frost last night. Galveston, Texas.—We havo had a shower on one day this Augusta, Georgia. —Tho weather during the week has week, the rainfall reaching fourteen hundredths of an inch. been cold and wet. It has been showery five days, the rainfall aggregating eighty-eight The thermometer has averaged 50, the highest being 78, and the hundredths of an inch. Wear* having too much rain. It is retarding the movement and pick- lowest 34. We have had killing frosts on two nights, and ice ing greatly. Crop accounts are less favorable. Bolls are drop- has formed in this vicinity on two nights. Picking is virtually ping badly, and cotton is suffering with the rot. As the week finished everywhere, the rains having dastroyed the remnant. closes there has been a favorable change in the weather. Average thermometer 51, highest and lowest 84. The cause of the small receipts this week is the wretched con. 01, Charleston, South Carolina. — It has rained on three days of the dition of the roads. The rainfall during the month has been week, the rainfall aggregating sixty-eight hundredths of an nine inches and nine hundredths. inch. The thermometer has ranged from 30 to 88, averaging 59. lndianola, Texas. — It has not rained here this week, but we Ice formed here to day (Friday). have had killing frosts and ice on two nights. The thermometer The following statement we have also received by telegraph, showing the height of the rivers at the points named at 3 o'clock has ranged from 83 to 78, averaging 55. There has been a rain- Nov. 29. We give last year's figures (Nov. 30, 1870) for com- fall of eight inches and fifty-seven hundredths during the month parison: just closed. ,-Nov. 89. 'T7.-. ^Not. 80, '78.— Feet. Inch. *>*t. IiKb. Corsicana, Texas. —The weather during the week has been NuwOrle.ir:s..Bc!owhlgh-water mark 11 4 14 4 Memphis Above low-water mark « cold and dry, the thermometer averaging 47, and ranging from 18 U 8 Nashville Above low-water mark y SO 4 t 20 to 74. The roads in thiB section are bad. Picking has been Shreveport. ...Abovclow-water mark 15 t Vieksburg.... Above low-water mark 19 8 IS 7 finished. We have had killing frosts on four nights, and ice Orleans reported below high-water mark of 1 8V 1 until formed on two nights. The rainfall during the month has been New Sept. 9, 1874, when the zero of gauge was changed to high-water six and seventy-five hundredths inches. mark of April 15 and 16, 1874, which is 0-10ths of a foot above Dallas, Texas. —We have had cold, dry weather here during 1871, or 16 feet above low-water mark at that point. the week. The thermometer has averaged 48, the extremes Bombay Shipments —According to our cable despatch received roads are still very bad. being 23 and 75. The Picking is about to-day, there have been 1,000 bales shipped from Bombay to Qrtat finished. There have been four killing frosts, and ice on three Britain the past week, and 1,000 bales to the Continent ; while nights. small grain has been rainfall Much sown. The during the receipts at Bombay during this week have been 0,000 bales. the month has been seven inches and fifty hundredths. The movement since the 1st of January is as follows. These are Texas. There has been rain here all Brenhnm, — no this week. the figures of W. Nicol & Co., of Bombay, and are brought Very little picking remains to be done, as the late cotton is mostly down to Thursday, Nov. 29: lost. The roads are in a wretched condition, hindering the Shipment* 1.— 1 Receipts. movement. We have had killing frosts and ice on two nights. ,—Shipm'ts this wceU^wcek- ,— since Jan. — — Great This Since Average thermometer 50, highest GO, and lowest 34. The rain- GreatGroat Cot:- C')n- Britnin.Brltoin. tincnt. Total.Total Britain, tincnt. Total. week. Jan. 1. fall during the month has been seven inches and five hundredths. 1817..17.... l.O'O 1.003 2,0002,0<1( 880,003 481.C00 801.033 6,030 1.060,000 New Orleans, Louisiana. —We have had rain on three days .. 1,000 1876..ra...... n.osoB.030 2,oio2,0)0 11,00311,00: 57:',i)0O S93.000 HT'MO I0,0W> 1,078,000 this week. The rainfall has been one and eighty hundredths 1374..14...... 5,1005,i00 5,030 10,00010.0CK 738,000 447,030 1,435,030 10,e00 l,87'i,O0O inches, and the thermometer has averaged 52. From the foregoing it would appear that, compared with latt Shreveport, Louisiana. —Picking \i this vicinity is progressing year, there haB been a decrease of 9,000 bales in the week's ship- rapidly, but has been partially interrupted by the recent cold ments from Bombay to Europe, and that the total movement mornings. The condition of the roads is improving, favored by since January 1 shows a decrease in shipments of 105,000 baler, the cold, dry wiud.s. Average thermometer highest 44, 70 and compared witn the corresponding period of 1876. lowest 19. The rainfall is thirty hundredths of an inch. Vieksburg, Mississippi. —The thermometer has averajed 48 Gunny Bags, Bagging, &c. —Bagging still continues to rule during the week, the highest being 03 and the lowest 27. We very quiet, and the market is dull, with the sales limited to have had rain on one day, the rainfall reaching twelve hun- jobbing parcels. Prices are rather easy in tone, holders now dredths of an inch. quoting lOJc. for light quality aDd lie. for standard grade. OAumbas, Mississippi. —The weather during the week has beeu Butts are rather dull at the moment, and there is np change to very cold, and picking is progrorsing slowly. The rainfall has note. Prices are ruling steady in tone, and holders quote been thirteen hundredths of an inch. 2}@2Jc., but nt tho close we hear of one or two lots that Little Hock, Arkansas. —Saturday la«t was clear and pleasant, might possibly be obtained at a fraction less than our quotations, and Sunday and Monday cloudy, with rain. On Tuesday though the holders ask full rates. the wind changed to the northwest, and the weather cleared. It has been blowing strong and cold since then. The thermometer The Exports of Cotton from New York, this week, show an has averaged 49, the highest being 78 and the lowest 10. The increase, as compared with last week, the total reaching 15,127 rainfall has been thirty-one hundredths of an ineh. bales, against 13,804 bales last week. Below we give our usual Nashville, Tennessee.— It has rained on three days this week, table showing the exports of cotton from New lort, and their the rainfall reaching sixty-eight hundredths of an inch. The direction, for each of the last four weeks; also the total exports thermometer has averaged 41, the highest being 49 and ihe lowest and direction since Sept. 1, 1877; and in the last column the total 34. Picking has been much retarded during the week by the for the same period of the previous year: character of the weather. Export* of Gotton(balee) from New Vorlt since Sept. 1. 187T Memphis, Tennessee. —There has been rain on two days of the week, the rainla'.l reaching thirty-five hundredths of an inch. WEEK END1KO Sirar Picking slow. Damage by rot unchanged. Average thermometer Total period 42, highest 54, and lowest 21. BXrOBTID TO to .-v'lM Nov. Nov. Nov. Nov. Mobile, Alabama. —It has been showery one day this week, but data. year. 7. 14. SI. 43. the remaining six days have been pleasant, the thermometer 11 3,5-* averngin : 51, and ranging from 34 to 00. Ice formed in this 7,575 8,161 9,196 11.6U turn Fort* 1,535 4.1M vicini i_v Wednesday and Thursday nights. Crop accounts are Other British less favorable, and damage has resulted 13,661 »4S4 much from previous Total to Gt. Britain 7,C'7S 8,161 9,106 llfVM rainy weather. The rainfall during the week has been thirty- 165 let 1,573 4.9« nine hundredths of an inch. 115 .... Montgomery, Alabama. — It has rained on two days ; we have 1,683 4.3« had killing frosts on two nights, and ice formed in this vicinity Total Frencli 1«J eaduy and Thursday nights. The thermometer hns aver- 543 750 1 3.8.6 1.311 7.051 6.SS9 aged 50, the extremes being 32 and 09. The rainfall has been til 75i) JJ3ln 1/41 - 6.813 1.40 thirty-one hundredths of an inch. I. ' 1 Setma, Alabama.—It has rained here on one day of the week— SlVS Total to N. Europe. STJ 8,fOI 4,608 i.ai light shower. Ice has formed iu this viciaily on two nights, and It is now cold. SjxiIn.Oporto&QIbralUr&c .... too MadiSjn, Florida. —There has been rain here on two days this AH others rainfall reaching one inch and seventy -five 1.6 the hundredths. Total Spain, &c ...... •• Tiie thermometer has averaged 47, the highest being 00 and the 11.M7 13.801 1J.1H :• S,SN 134JH lowest :l!. We have had a killing frost on one night this week. Grand Total 8.11J three-quarters of the crop has been marketed. Ice formed of cotton at New York, Boston, in this vicinity Thursday night. The following are the receipts the past week, and since Sept. l.TTt Macon, Georgia. —Telegram not received. liladelnhlaand Baltimore for : : : — 53S THE CHRONICLE. [Vol. XXV.

Liverpool, November 30—5:00 P.M. By Cable from Liver POOL.— Sales of the day were 10,000 bales, of which 1,000 bales were for export and speculation. Of to-day's sales 4,950 bales were American. The weekly movement is given as follows :

Nov. 9. Nov. 16. Nov. 23. Nov. 30. 53,000 67,000 77,000 65.000 4,000 4.000 5.000 7.000 30,000 36,500 44,000 3-1,000 6,000 6,000 9,0(0 7,000 2,000 5,000 4.0X1 5,000 Total stock 398,000 371,000 371.0(10 361,000 174,000 161.000 171,000 171.000 Total import ofr the week 47,000 42,000 73,000 55.000 33,000 29,000 51,000 41,000 6.000 8,000 6,000 7.000 171,000 159,000 1S6.000 193,000 115.000 165,000 169,000 173,000

~~The following table will show the dally closing prices of cotton for tne week:~~

Shipping News.—The exports of cotton from the United 8,-ot. Satur. Mon. Tues. Wednes. Thurs. Fn. States the past week, as per latest mail returns, have reached Mid. Upl'ds <&6 7-16 ..@>5 7-16 ..@6 7-16. .<&6 7-18. .@5 7-16 ..@6 7-16 105,507 bales. So far as the Southern ports are concerned, these Mid.Orl'ns ®6X ..©$%. ..@6J£ ..,'d. To Havre, per bark Sirene, 1,7S0 1 .780 Jan.-Feb. delivery, 6 5-16d. Norfolk—To Liverpool, per ship Sunda, 5,385.... 6,385 Baltimore—To Liverpool, per Bteamer Caspian, 357 957 Fbiday. Boston—To Liverpool, per steamers Illyrlon. 2,664 . . .Minnesota, 2,293. 4.9T7 Nov. delivery, 6 13-32®?fd. I Jan.-Feb. Philadelphia- To Liverpool, per steamer Pennsylvania, 727 721 de'ivery, 6 11-321. Nov.-Dec. delivery, 6 5-16d. Keb.-Mar. I delivery, 6 U-32J. Ban Francisoo—To Liverpool, per ship Glory of the Seas, 7 (foreign) . 7 delivery, Dec-Jan. 6 516d. I Mar.-Apr. delivery, 6Jf d. Jan.-Feb. delivery, 6 5-16d. Nov.-Dec. I shipm't, new crop, sail,6Xd. delivery. Total 105,507 Feb.-Mar. 6 5-16d. I Dec. delivery. 6 11-3-Jd delivery, Mar.-Apr. 6 ll-32d. I Apr.-May dflivery, 6 13-3td. Apr.-May delivery, The particulars of these shipments, arranged in oar usual form, 6Xd. I Dec-Jan shipm't,newcrop, sail, 6#d. Dec-Jan. delivery, 6 ll-32d. Feb.-Mar. aje as follows I shipment, sail, 6 7-10J. Amster- Barcel- European Cotton Markets.—In reference Iiverpool. Havre.Rouea.Bremen. dam. ona. Pisaies.Genoa. Total. to these markets, Now York.. .13,663 252 .... 1,212 15,127 our correspondent in London, writing under the date of Nov. N.Orleans. ..15.485 7,495 437 1,912 25 339 17, 1877, states: Mobile 3,818 S.S1S Charleston.. 7,640 4.703 .... 2,325 1,035 2,413 18,313 Liverpool, Nov. 15.—The following are the Savannah... 2,610 2,351 2,075 951 1,120 9,140 current prices of Texas 12,817 4,339 .... 1,401 18!557 American cotton compared with those of last year: Wilmingt'n. 1,880 1,730 3,6(0 Norfolk 5,385 ^Same date 1876.-. 6,385 ^-Ord.4Mid-,^Fr.&G.Fr.-,«.-j m. .... „ . „ „ Baltimore... —Q.&Fine , Mid. Fair. Good. 957 . 957 — Boston 4,977 8ea Island. .16 4,1477 17V 19 20 21 27 18 19tf 23 Philadelp'a. 727 7J7 Florida do.. 13 14« 16X 17# 18* 16 17 19 S.Francisco. 7 7 Ord. G.O. L.M. Mid. G.M. Mid.F. Mid. H.M. M.F. Upland 5% 6 1-16 6 3-!6 6« 6* 6« 6* 6 11-16 Total... 69,6i6 29,923 437 4,938 3,110 2,413 951 8^oH 105^507 6'i Mobile. ...t'4 6 1-16 6 5-16 6K 6 13-16 6* 6 11-16 H% Texas 6 6 5-15 6 7-16 OH 8J< 6 T.-I6 6 9-16 8* 7 Below we give all news received to date of disasters to ves- K. Orleans. 6 6 9-16 6 6% Si Hi 6 11-16 6J,' VA sels carrying cotton from United States ports, &c. Since the commencement of the year the transactions on Bohemian, str. (Br.). Worthington, from Boston, went ashore on Burbo btnk, speculation and for export have been : In the Mersey, Nov. 22d, but was subsequently floated and towed into dock. .—Aetna exp. from Actual Carolina, Str. (Sp.), at Liverpool, Nov. 8tb, from Orleans, New experienced Liv., Hull* other ex p'tfrom heavy weather and sustained slight damage Nov. 3d. r-Taken on spec, to this late-. outports to date—, U.K. in Clive, Str. (Br.). Tillson. at Liverpool, Nov. 12th, from New Orleans, reports 1877. 1876. 1875. 187.. 1876. 1875. having lost starboard boat on the 4th during gile, and on the 10th cargo bales. balcB. bales. bales. bales. shifted, throwing ship 00 port beam ends. bales. Donau, Str. (Ger.), from New York for Bremen, in passing down the North American 146,970 167,210 198,960 88.191 67,858 109,560 Brazilian Rivcr.Nov. 21th. collided wito a schooner. The latter was damaged and 83,540 19,810 5.683 9.095 10,759 10,900 was towed ashore on Jersey Flat-. Egyptian. &c. 81,490 26.510 15,410 20.595 9,026 9,830 Mississippi. Str. (Br.), at Liverpool. Nov. 2id, from New Orleans, has been W. India, &c. 690 1,620 1.983 7,052 7.961 15,120 docked, having been damaged by collision. B. India, Ac. 53,820 93,750 90,230 131,178 185,336 373,180 Nova Scotian, Str. (Br.), nt Liverpool, Nov. 8lh. from Baltimore, sustained damage to boats, rai's, &c, during heavy weather Nov. 3d. Total 266,510 313,910 312.320 256,713 F. W. Bennett & Co., auctioneers, sold, at the wharf of the Boston Steamship 3C0.918 523,590 Company. at;out 5C0 bales of cotton damaged on board of the steamship The following statement Geo. Appold by Are and water, at the port of Savannah. The attend- shows the sales and imports of ance was large. Boston, New York. Philadelphia, Reading and other cotton tor the week and year, and also the stocks on hand on places were represented. The bidding was very spirited, and the whole Thursday evening last, compared with the corresponding period was sold in about twenty mlnntej. It was Bold in lots and by the actual of last year weights, in a damaged condition. The prices ranged from 4 to SX cents per pound— considered by all cotton factors a good sale as regards prices. sales, etc., op all descriptions. Sales Cotton this week.- , Total Same Average freights the past week have been as follows : Ex- Specula- this period weekly sales.

* Liverpool.——, , Havre. , , Bremen. Trade. port tion. Total. year. 1876. 1877. — — — —, .—Hamburg—, 1876, American.. bales 37.J30 1,190 1,230 Steam. Sail. Steam. Sail. Steata. Sail. Steam. Sail. 39,920 1,654,260 I ,041,5:0 37.620 38,010 Brazilian 7,910 40 1,120 9,073 346,070 279.670 6.920 5.490 d. d. c. c. c. c. c. c Egyptian 7,680 200 920 8,800 24),li0 225.410 5,1(0 Saturday.. ..@>X 3-I6Si7-32 cp. ft comp. — %. comp. — « corap. — 6,600 I Smyrna & Greek . .„„ 970 1.510 I Monday <&X 3-16®7-32 cp. % comp. — « comp. — comp. — I <**' '•"1 40Qu i yt WostWnat IndianTndUn ....('I 41,710 to 930. Tuesday <&* 3-16a7-31 cp. comp. — comp. — comp. — 1 53,580 f % % y, East Indian 5,970 4,630 Wedn'day.. ..©X 8-1637-32 cp. % comp. — % comp. — % comp. — 1,3S0 11,980 413,233 651,920 5,660 8,590 Thursday Thanksgiving Day-Holiday.... Filday 3-16@7-32 cp. comp. — comp. @« % % — % comp. — Total... 60,510 6,050 4,620 71,190 2,700,030 2,661,620 56,010, &8,3C0, December 1. 1977. | THE CHRONICLE 639

-Imports.- -StOOBl Floor. Whsat, Oor«, Oa.s, Biriry, Rye To this To mm) sou _ . . . „ . •»' *••>• hash. bnah. boih. hash Thl§ date date This date Doc. 31. Jan.l Tot toNov.t4.4,430,4:i 4),0<6.830 73,337.188 M.OW63I 8.1 2,141 4.7B6.7M week. 1876. il.1V. 1878. 1878. Same t 187T. me 1878 8,003,667 61.700,441 74,788.94.) U40<.«'« 8.011.483 1 ill W4 bales 23 3:1 181,110 2)1,910 JL-nsrlcan 1,701013 1,703,118 Same time 1876 l.rSI.IHK; 61,640,36.' 43.2I.3.'<:« 31,72n.l7i 5 4r .0'.8 S,*7i>:5 IXajXt . 7,335 sj:i,m< M 59,710 sii.ru 103,18) TjtAog. 1 to Nov.3l.*,ilS.569 37.793.142 Smyrna unl Orejlc 1,035 33) 10 M 80.851.53: Il.l»7.*)« B,M1. 464 1 .SOS #76 13,320 Stmetlme nlUn 1313 46,193 63,991 19,00) 12,910 1*78. .. .»,070,*»3 18,2)6,304 82.881.1.01 H.511.681 6,074.618 1847JOB Same time 1878 :.eWS,lse 31 211.579 17. m lUu . 1«3 331,197 691,673 71,810 116.33) 80,510 - Sometime 1874 2,07»,53t 81,010,913 10,311,938 ! 131.731 360, 341 TjhI 41,335 a,in,t*j a,79),JD 3:1,3.11 116,950 531.010 * Estimated. BREADSTUFFS. SHIPMENTS OF FLOUR AND OHAIN FROM WESTERN LAKE AND RlVait PORTS FOR TIIE WEEK ENDED NOV. 24, 1877. Fbibat. P. M.. Nov. 30, 1877. AND FROM JAN. 1 TO NOV. 24: The flo ur market was rather more active for export early in the Flour, Wh-at, Corn Oatu, Barley, Rye week, several thousand barrels of low extras selling'at $5 45@ bhl». bush. buah. bush. bosh. baah. Nov. 21, 1S77 159.511 1,103. 16 1 7)1,399 $5 55, but the demand was not sustained, and the local trade 297.6)1 101,121 2»,l>5) Nov. 17, 1877 ... 150,241 2.109,011 1.116.187 3*1.771 3i»/,91 36.434 continued quite dull. The relatively low prices of flour, as com- Nov. 10, 1877 13'„«S2 1,421,286 W-\W 3'2.111 117.031 57,46) Cor. week '76 153,98} 1,277.858 821.371 321.H1 114.511 111,769 pared with wheat, caused production to be curtailed have in a Cor. week '75 111.022 1,419,171 698. »1 211,113 61,111 18 IIS Cor.wcek'74 113,011 647.501 measure, but supplies are still quite large, and the feeling re- IM.H4 113.U90 91.44) I6.n0 Cor. week '78 134,»S6 592,506 9)1,501 137,114 113.015 4,807 garding prices of the future is such that there is no buying be- Tot. Jan.l to Nov. 21.4,662,12! 41.612.09) 65..W>,4«* i:.281,82i 5,17,1,011 2291 - <83 Same time 1876 yond immediate wants. To-day, business was dull, and prices 1.411,251 48,518.077 71.021,125 19,291,661 8,552.2« 2!l20 847 Same time 1873 4,957,511 56,151,43s 41.0'O.UI 13.336,731 2,387.766 8«2,»12 weak and unsettled. Samotimo 1874 3,320,613 59,203,901 43,001,532 16,160,:26 2.810,48 2,915,926 The wheat market was""active and rather firmer early in the RECEIPTS Of FLOOR AND GRAIN AT SEABOARD PORTS FOR TDB week, with large sales of No. 2 spring at $1 31@$1 32J on the WEEK ENDED NOV. 24, 1877, AND FROM JAN. 1 TO NOV. 34. spot, $1 32@$1 83 for December, and $1 833$1 31 for January, Flonr, Wnea>, Cora, Oats, Baney, Rye, At— bbls. bush. bash. bush. bush. but the demand has latterly fallen off, and prices declined. Red buah. New York 121,278 1.894.9C4 1. Portland* 4.1.00 3 (.500 3,500 2,500 fair business in the better qualities of white wheat at $ 1 50@ Montreal 19,339 33.074 .... 2,0i« 56.919 •4$1 50. To-day, the market was lower, with sales of No. 2 spring, Pniladelphia 20.810 107,100 83.000 81 SCO 80,30J 8,666 Biltimore ... 21,315 161.600 3)1.(03 8,700 ... 1,500 New York grade, at $1 30 for December and $t 32 for January, New Orleans 15,020 1,500 90,39) 53,701

and No. 2 red winter nominal at §1 42 on the spot. * Total 261,701 S.316,7!6 1.710.513 411.461 l,2:3,«!fl 8' 137 Indian corn was very active and buoyant early in tin week, Previous week 291.6)9 1,320.369 1,714,163 84M.V) Be 1,373 16,616 C)r. weok'76 337,027 1,223,821 1,679,993 630,41! il),3Jl 91,313 prime No. 2 mixed advancing to 64§c. oa the Bpot and 65c. for Jin.lto Nov. 21 ...7,379,263 40,812,541 73 092.021 1S.81I.371 1.6H,9)1 2.313,533 December, but the demand was not sustained; at the close Simotime 1878 o,0J7,171 32,271.718 80,354.0>r 11,82-1,223 6,781. IT) I.D13.530 S»rnet.ime 1875 S,S»).115 31,158,035 51,336,493 19.016.610 437,'i90 there was only a moderate demand at on the spot 4,6*4,619 63J@64c. Simetime 1874 9,927.133 59,310.131 43,705.7:9 19,111.314 3,104 0)3 892.764 and for all December. Supplies coming forward are very fair And at Montreal 16,460 bush. peas. for the season and in excess of the corresponding period last * Estimated. year, while the low value of swine will no doubt cause a The Visible Supply of (Jrain, conprising the stocks in trranary at the principal larger proportion than usual of the crop to be sent promptly to points of accumulation at lake and seaboard ports, and in transit on the Likes, the market. New York canals and by rail, Nov. 24, 1877, was as follows : Rye has been quiet, and closes unsettled and depressed. Barley Wheat, Corn, Oats, Barley, Rye, •has been active, with choice Canada sold at $ 1 02@1 05, and the bush. bu^h. bueh. bush. buah. In store at New York 2,4'.6,S25 2,211.459 1,862.017 export demand continues, but business was to-day quite limited. 862,220 191,334 lu store at Albany. 3.000 24.6iH) 101,000 843.000 46,603 Canaia peas have been fairly active at 83@85Jc, in bond. In store at Buffalo 612,9)6 467.730 43.683 211.003 In store at Chicago 613.23! 204.830 81,168 516,114 61.680 Oits have been less active, and part of the recent advance is In store at Milwaukee 2i3.101 8,iC0 12,700 231,600 37,300 [n store at Duluth lost, the market closing quiet, with No. 2 graded quoted at ...... SOJc. In store at Toledo 310,400 220.200 1(2.300 fo: mixed and 40Jc. for white. In store at Detroit 291,551 9,917 71.071 10.375 In store at Oswego 6O0,uO0 150,0(0 25.MB 140,000 following are 23,000 The the closing quotations: [u store at St. Louis 371.0iC 132.839 104,957 115.533 71,225 FI.OOB. I URAIS. [n store at Boston 161.213 203.687 210,8il 43,936 3,751 N;>.2 H bbl.i3 4 15 Wheat—No.3 spring.bnsb In store S0J.633 14,970 12,620 0Da I $1 24J 1 47 at Toronto 113.442 48 Saperflue Slate & \Veat- No. 3 sprit* In store 138,866 j 1 2!)>^ ii 1 31 at Montreal 803,787 11,481 15,000 3,881 ern 4 753 5 25 No. 1 spring In store 20j.0j0 300,000 I 1 US 1 33 at Philadelphia .... Extra State, Ac 5 453 5 63 Red Winter 1 8«a 1 41 In store al Peoria 2,178 12,1)4 54.467 7,336 43,854 Western Spring Wheat Amber do ... 1 4n3 1 46 In store at Indianapolis 25,353 56,723 15,808 .... 8,676 extras 5 50*3 5 73 In store at Kansas City 200,991 39.60) 4,997 | WMte 143 J 15ii 919 7,282 do XX and XXX. 6 In Old 7 25 ! Com-Wesfn mixed, new 69a store at Baltimore 482,150 591,974 .. do winter X and XX 5 60® " 23 YeUow Western Rill shipments, week 111.643 72,677 131.999 100,346 4,969 | 64® ilii Minnesota patents "5 Southern, Lake do weeks ... ?.3i3.S05 1,211,274 232,903 6 503 8 I yellow, new. 583 l>f 273,S«) 41,833 City shipping extras.. .. 5 40J 6 15 Rye 733 Arloatin N»w York canaia ... 1,630,CO) 1,100,000 290.9CO 770.000 92.000 City trade and family Oats—Mixed ssa Entered all »at Nov. 17 1,800,000 tCO.O 500,000 1,000,000 100,000 brands 6 503 7 25 White S9J Southern bakers' and fa- Barley—Canada West... 893 Total 12,813,752 7,535.433 3,93/,-:0i 4,764,035 731,928 mily orands 6 253 7 50 State, 2-rowed 7J3 Nov. 17, 1877 11.4 2.23-3 7,9.0.241 8,57)1,011 3.801,627 992.891 8>athemshlpp'gextraB.. 5 633 6 13 State, 4-rowed 80® Nov.10,1371 9.315.763 8,*0,919 S.6W3.913 3,243.381 663.414 Rye flour Nov. 3,1877 9,513,205 9.360,843 3.543,-60 3.012,739 euperaae 8 7.3-iJ 4 25 Barley Malt—State . ... 633 674.223 Cornmeal— Western, &c. 2 '59 8 00 Canadian 1003 110 Nov.23, 1870 10,38:,432 6,930.188 2,96l,0ra 4,55.',!34 676,033 <;»rn meal— Br'wine. Ac. 8 303 3 33 I Peas-Canada.bond&free 85 2 1 00 The movement in breadsiufls at this market has been as fo!

~~lows : THE DRY Q00D3 TRADE.~~

~~-BBCS'PTS IT HSW TOBK. -SXFOBTS FROM »l» TORX. Fbidat. P. M.. Nov. 30, 1877.~~

. 1877. . Same , . 1877. > 1876 quiet the past week, aud For the Since time For the Since For the Sine. The general market has be >n the week. 1. Jan. 1876. week. Jan. I. week. Jan. I. volume of business was lessened by the recurrence of the Thanks- Floor, bbls. 111.819 3,0:0.213 3,573,017 26,230 1.571,754 29,911 1,704,632 C. meal, ". 4,090 211,0:7 168.093 1,981 201,517 2,010 152,5?2 giving holiday; but some large transactions occurred in both Wheat, bus 2,011.616 22,075 016 5'8,637 *3,S34.517 18,4(3,277 !61,5'J9 22,581 313 woolen goods. Agents representing the products of Corn, " Jl, 101.776 3i.616.5S0 2.3.110 8'.2 916,162 2i.139.104 lbl.908 15.6'i7.0il cotton and Eye, " . 108.221 1,801.758 1,270.109 40.389 1,951,1:6 47,626 1,003.410 the large manufacturing corp >rations, being about closing their Birley. " .1.380.833 7.561,701 5,277 569 177.204 1,588,165 .... 42,7i2 Oats...". 383,i47 11.132,033 l',041,C6i 4,111 231,173 907 613.68a annual accounts with the mills, made some liberal sales of bleached The following tables show the drain in sight and the move- cottons, Ac, by means of price concessions and extended terms of ment of Breadstuff's to the latest mail dates: credit, and heavy cassimeres and cotton-warp worsted coatings RKCBIPTS AT LAKE AND RITBR PORTS FOR THB WEEK ENDING were moved with some freedom in a like manner. The print NOT. 24, 1877, FROM JAN. 1 TO NOVEMBER 24, AND FROM market presented more firmness, and a slight advance was mad* AUG. 1 TO NOV. 24. on several makes of fancy and shirting prints, but there was Fiouj, Wheat, Cora, Oets, Barley, Rye- rather more pressure to sell certain styles of cotton dress goods bbis. bash. bash. bush. bnsb. bush- There was a fair At- (196 Ita.) (60 lbs.) (58 lbs.) SHlbs.) (48 lbs.) (66 lbs*. that have begun to accumulate. demand for Chica Ko... ._ 42491 412.8 !3 644UN 2 0.199 184,367 17,569 spring woolens by the clothing trade, and orders for a few of the Milwaukee 66,230 633.611 nCsn 21,800 95,807 8,150 Toledo gtO 163,279 205.751 18,661 4,'00 29 most popular makes of cassimeres and worsted coatings have Detroit 11,291 111,187 17,215 10,037 7,688 821 extent that will absorb the productions Cleveland *3,183 II. '53 10.550 10.408 41.100 1,600 already been placed to an St. Louis 23,809 2j8,153 117,3 8 62.938 62. '68 15,806 of the mills until March. Peoria. 3,780 9,200 58,730 26,500 6,750 4,959 Duluth ?. . Domestic Cotton Goods. —The exports of domestics from ending November 27, were smaller Total 153,359 1.6I3.=53 1.178.0(3 313,583 403,430 5.'-,6'5 this port, for the week than of Previous week l,8ri5.Sli 134,133 ., 1,033,915 arcane 310,376 77.317 late, being only 705 packages, of which 478 packages were Corresp'ngweek.'76. 154,«6i 1,807,4 19 837,613 331,143 264,16) 74,981 " '76.. 122,717 1,970,»904 732.8C6 3.3,621 191,917 37,178 shipped to Great Britain, 59 to Venezuela, 47 to the Argentina , ......

540 THE CHRONICLE. [Vol. XXV. Bleached Sheetings and Shirting*. Bepublic, 40 to Brazil, and the remainder in small lots to otlier Width. Price. Width, Price. Width. Price. Boston for the same period reached markets. The exports from Amoskeag A. 86 9 Fearless 36 ! Pequot 10-4 25 6V, Fitchville 36 do Il-t do ..Z 33 I 33 8,807 packages. Brown sheetings were in steady demand by do ..42 11 Forestdale... 36 Pocasset Can' 36 8* jobbers and converters and ruled firm in price, and brown drills do ..46 12 Gem of the Spin- do F. 86 6-4 dle 36 do FF. 30 freely do . were fairly active lor export. Bleached cottons were more do .KM Greenville ex. !) Pride of West 36 14 Androscog'n L36 Green G Red Bank.... 86 distributed in certain makes through the medium of reduced do AA 36 10* Gold Medal.. 8* do 33 6* prices and "dating ahead," but moved very slowly at regular do ... 8-4 20 do 7* Reynolds AA. 36 ....9-4 2J* Gr't Falls Q.. 36 9 Suffolk L 86 '6* and grain bags do quotations. Denims, dyed ducks, corset jeans do ...10-4 26 do S., 81 6* Seaside 36 do M.. S3 1* i Standard. ... 35 's* were in moderate request, and stocks being exceptionally light Auburn A 86 S'A Allendale 6-4 15 do A.. S3 IV, do 33 e* prices are firmly maintained. Tickings remained quiet and do .7-4 17 Gilded Age... 36 10 Slate rville. 36 6* do ....8-4 20 Hallowell Q.. 36 ~.x do cottonades were dull. Print cloths were steady, and cheviots and do ....9-4 2>* Hill's S. Idem 33 8* Social L 86 do 9 do W 30 more active, with an upward tendency, despite the heavy stock d> ...10-4 25 6* do .11-1 80 do 42 11* do Irail.. 36 on hand. Extra 64x64 cloths advanced to 3 13-16c, cash, and Amazon 36 9 Howe 36 6'/, 8tar W 86 Ballardva'e. .. 3:5 11 Hope 39 8* Tuscarora XX 86 cash. Prints were quiet but firm, and Oriental SGxGOs to 3fc, Bellows Falls 36 11 Ind.Orch Utica 35 10 16" and Garner's prints and Southbridge shirtings were marked up J Barker's Mills. 36 SH do DW, 36 do ex hvy. 10* 5-4 BartlettsA... 36 9% King Phillip . 36 10 do @}c. Ginghams were less active, but cotton dress goods con- do XX 36 9 do camb. 36 13 do 6-4 is" Ballon Son.. 36 8 Knight cambr 36 9 do 8-4 25 tinued in fair demand at somewhat irregular prices. & do .33 6* Laconia 8-4 20 do 9-4 27* Domestic Woolen Goods.—There was an irregular move- Bay Mills .... 36 10 do 9-4 22* do ...... 10-4 30 Blackst'neAA 36 9 do 10-4 25 do heavy.. 100 35 cassimeres were disposed ment in men's-wear woolens. Heavy BoottR.. 6 Langdon, 76.. 33 9* do Nonp.. 36 * do do 36 Winona 86 12* of in considerable lots at job prices, and cotton-warp worsteds do G.. 32 6* 9* do SS. 36 do 42 11 White Rock. 36 9 were fairly active in the same way. Overcoatings were in fair do B.. 36 '7* do 46 12* Walt ham... 4-1 11* do 15. 36 do GB. 36 n* do hf b 4 4 11 small selections, and cloakings continued in steady 8X demand for do B.. 36 8 Lily of Valley 36 6* do 8-4 request. Cloths and doeskins ruled quiet, and repellents were do \v. 45 10'/, Linwood 86 9 do 9-4 11 . 10-1 do x . 45 1!* Lyman camb.. 36 do inactive. Spring cassimereB and cheviots were in fair demand by Boston 7-4 18 Lonsdale 36 9* W'msuttatwl 36 18 do 6-4 21 do cambric 36 14 do OXX. 36 UK the clothing trade, and light-weight worsteds were in steady do 10-4 25 Masonville.. . 36 10 do dwn g'n 36 13 request. Cotton-warp worsteds were in some cases reduced in Chestnut Hill. 36 6* Maxwell 86 11* do UH fine. 42 17 Crescent 86 Methuen 27 6 do 45 20 price by agents, as were a few all-worsted makes. Tweeds and Cabot 7-8 Merchants ... 80 «* do ST heavy 45 20 4-4 Nashua E.... 86 'J* do do 26 Kentucky jeans were lightly dealt in, but there was a fair move- do 8 do 9-8 11* do 8-4 20 do do 31 ment in satinets suitable for the clothing trade. Flannels were do 5-4 1*H do 9-4 21* do do 31 Canoe 27 5 do .... 10-4 25 do do 40 taken in small lots, but were by no means active, and blankets Chapman X.. &6 7 Ne\vmarketXX36 gst do do 45 do II. do twilled.. 20 remained very quiet. Worsted dress goods were in light request, Conway 86 8* 36 Davol 86 10/, N. Y. Mills... 36 li* do do 26 and shawls and skirts continued dull, but hosiery, shirts and do 5-1 20 do ...8-4 25 do do .. 31 do 10-4 40 do ...9-4 27* do do .. 35 knit woolens were in fair demand for small drawers and fancy Dwight I)... 40 14 do ..10-4 SO do do .. 40 selections. do StarS. 35 9 Pacific 33 «* do do .. 45 do AA 36 8 Peabody 86 do LS 45 Foreign Duy Goods.—There was a very limited demand for do Anchor 36 10* do 33 m WaureganlOOs 11* do Star.. 42 11* Peoperell 6-4 16 do water tw.36 imported goods, aside from a few specialties that were taken in do . do .. 45 13 do .7-4 18 do No. 1...36 io* moderate lots for the renewal of assortments. Dress silks ruled Ellerton imp 9-4 24 do ..8-4 20 Whitinsville.. 36 9 do do 10-4 27 do ..9-4 23* do 33 quiet, bst there was a fair movement in trimming velvets, and Fruit of the do .10-4 S6 Wessac'mc'n.B36 Loom 36 10 do .11-4 SO do G 33 7* plushes wore in brisk request. Dress goods were lightly dealt do .. 83 Pequot 5-4 12* do I! 31 6* in, and shawls were quiet. Linen goods moved slowly, except QO &i do 6-4 15 do G 36 do ..5-4 15* do 7-4 18 Warren AA.. 36 11* handkerchiefs, which were a little more active. White goods, do ..6-4 19 do 8-4 21 do B...36 9 9-4 WiHiamsville laces and embroideries were in light demand, apart from a few do 100s 36 11* do 22./, 35 11

do camb'c , 13* styles adapted to the coming holiday trade, which were taken to Prints. Albion solid col'rs 6* Eddystone fancy. 6* Mallory haire'ds. 6* a fair amount by retailers. Men's-wear woolens continued quiet, do suiting 6* do frocks do checks 6* Freeman fancies . 5* do purples.... and Italian dotha and satin de chenes moved slowly. The auction, do Bolid black 6* 6* do Bhepd plds 65tf do rnby 6* do stripes.... 7 rooms presented few features of interest, and the sales were only do greys 6* do Swiss do.. 6* Oriental fancy ... 6*

1 do bl'k & wh. Hi do pinks ii -; do robes 7 moderately successful. do fancy 6 Garner's fancies. . 6*4 do ruby, 7 American fancy.. 5* do che>ks. .. 6;i do purple.... 6* We annex prices of a few articles of domestic dry goods : do robeB 7 do robes do shirtings.. 6 Tickings. do j'd. checks, do pinks 9* Pacific Mills 6V do j'd. pinks.. 6* do Bhirtings.. 5 do robes 6* Width. Price. Width. Price. Width. Price. do green & or. 7 do mournings 5* Passaic fancy 6 Amosk'gACA. .. 17 Cordis AAA.. 34 16 Mcthuen AA.. .. »* do black & or. do solid 5* do solid col'r 6 do do 44 SO do ACE. 32 17 do ASA. .. 18 do blne&whit. do purple. ... 9 Peabodysolid.... 6 do A.. .. 15 do No. 1. 82 17 Minnehalu... 7-8 20 do blue & orge 9* do German RickmondB fane's 5* do B.. .. 14 do awning. .. 22-25 do ....4-4 do grays 22* do ruby&Swis "j" Gloucestor 6 6* do C. .. 18 do No. 2. .. 16 Omega C 14 do double pink do mourning. 6* do ehooolates 6* do D.. .. 11 do No. 8. .. 15 do B 17 do seersuckers 6* do Bhirtings do robes da, '«* K. .. 10 do No. 4. .. 1*K do A 16 Ancona fancy .... do Bbep'dpld 6* do Germans., do awning .. 18 do No. 5. .. 10* do ACA.. 80 15 do shirtings.. do solid black 6* do civ cks. . . 6* Conestoga 60 32* do No. 6. .. 9* do do ... 36 18 Anchor shirtings. Hartel's fancies.. 6* do pinks, A. 4-4 18 do prem do No. 7. .. do medal.. .. 33 Aliens' fancy.. .. do Ger. pUid do purples... Falls do do B.4-4 17 OBO Pearl Rive.- 15 do frocks 6* do choc ch'ck .... do ruby 4-4 do do ex... 16 AAA 14 \i Palmer ?* do checks .... 6* do diagonals Simpson's sol bks 6* 7-8 do ex.. 15 do A* . .., .. 18 Pemberton A A .. 14 do stripes do ruby 7 do blk & wh 6* do Gld radl4-4 15 do BB 12 do B 12* do buffs do Swiss do.. 7 do shep plds 6* do CCA7-8 12* do A ,, 10 • do E 11 do shirtings.. do green& or. ... do sllvergrey 6*: do CT..4-4 13* Hamilton BT.. ., 12* Swift River ft do pinks 6* Hamilton stripes. 6* do haircl chv 6* do Fenna.4-4 12* do .. TT. 13/, Thorndike A . 9 do pink ch'ks 7 do percales.. 6'/, do steel grey 6* do AA 7-8 10 do BT. .. do B.. .. 9 do German?. . 7 do purples ... 6* do grass cloth 6* .'. do X...7-8 do D... Willow Br'k No 1 Sprague's fancy.. 17" 14* Arnold's fancies- 6'.4 do hair cord.. 6* 5H-6 do FF Lewieton A.. . 36 18 WhittcntonXXX. do shirtings.. do shirtings.. 7 do shirtings. E....7-8 9 do do A.... 82 15 do A. .. do furnitures 12* do robes... .6*-6* do robes ft Lancaster 4-4 30 do A.... 30 13'/, Vork indigo bl » SO 13 Ashland fancy. . . do 9-8 camb do 7-8 do 16* Pittsfleld 6* do 76 15 do shirtings.. do checks.... &'/% do greens...

frocks. . fancy. ... do ruby Domestic Ginghams, do . 6* do 5tf-8* do solids 6V narmonyOate Am- do pinks .... 7* do frocks.... nee. ... 10* Miami i Baird. do 8-1 Zebra, 7* oskeag; fancy.. 5 Amoskeag; ... 9* Lar caster 9 Belfast do 7-8 do .. do robes 5 V do German p » Albany "4* Knickerb'ck'r fey 6* do buff ... Namaske 8Ji i Shirley ., Glasgow Plunkctt.. Bedford B* do shirtings do fancy stap 6* 8* 9 | White Mfg Co Bristol fancies... 9-8 camb.. 11 Southbridge f'ney 6 Gloucester, n. s.. . 9 Randalmon Q% Carletori 6* do 5 do shirting 6 Mohawk Renfrew 11 Johnson Mfg Co... 13* do cambrics. . Lodi fancy Brighton suitings Manchester fancy 6* do Btaples.. 6* Checks. Berlin solid colors 6* do 4-1 Union mourning. 6* foulards... percales do Grcc'n grey 6* Caledonia.No. 17 Far.&Min. do 7 do 10 No. 7 13* ParkMUl?,No.80 14!* solid black. ' Cochcco fancy.... 6* MerrimacDfcy. 6* do do No. 70 19 do No. 8 14* do No. 90 16 do E fancy .. do shirtings.. 6 do shepd plds. S* do No. 80 20 do No. 9 15 do No. 100 18 do shirtings.. do robes Wamsutta fancy. Economy ., 12 ParkMUls,No.50 10* Prodigy IJ do robes do Fplnk.... 7* do robes ft Far.&Min, No. is 10 do No. 60 11* Lewieton A 13* do purples.. do F purple.. 6* Washington fa'cy5*-6 do No. 6 11 do No. 70 13* do cambrics. do F checks* do robes. 7* Stripes. do pinks iy, stripes 7 do ruby ,. Conestoga fancies 6* do DG f'i stls 11 do Swiss rub. 7 American &U-VA Century 27 16 OlisBB 10 Cent. Park shtt'g 5* do 9-8 camb do green* or. T 11-11* Amoskeag Cordis awning . SO Park Mills Ch't. 12* DnnneH'B fancy., 6* do Card.rc-125 13* do lue & wh 8 do fancy li' Columbian 10 ThorndlkeA.... lsu do cambrics.... 6*| do do XX30 20 I do blue & or. S - Bates Cheviot.. 10* Everett Cheviotll*-12* German. . do B.... li do hair cords . iMalloryplnks.... Hi! do «* Belm'nt Chev't 14 Everett heavy...... Uncasville A... 9*-10* do Ue-mans.,.. I do buffs 6* Clarendon do 1!* HamiUon UK do TJCA. 10-11 do purples.,... do frock 6* | I Creedmoor do 8 Lew'nAA.Chev. 12* Whittenton AA Cotton Yarns. Cherwell do 10 20 do" 1... is db B... oii Bmperore 20 I Sargeant 6tol».. 20 IXL 8tol» 4>ntury M go Maaeabesk...., JGJ4-11 do f»ncy do. ".. XXX do » .*i XX 12* Paudlethn «.,,.., $} I Fontend5f til* , 2 — " . 5 — —..— : :

~~December 1, 1877.] THE CHRONICLE 5»1~~

lmi»i>riiiiii>ii» of i>r» Uooita Kxport* of leading Article* from New »ork. The importations ol dry (roods at this port tor the week ending lue lollowlng table, com pi led from Custom lluus* re'.arn* •hows the exports i of leading Nov. 20, 1877, and for the corresponding weeks of 1870 and articles from the port o( New Toik to all the principal foreign countries, since Jan. 1, 1877, the have been as follows : 1875, totals for the last week, and also the totals since Jan. 1, 1677 INT SHIl) JOB CONSUXFTIOH FOR TBS Will IMDIHD NOV. 23, 1817. and 1870. The last two lines show totai valuei, Including the , 1875 . , 1876 1 i 181? Ta ' u *, f other articles besides those mentioned PICK*. Valne. Plc«e. Value. Pk?a. Value _? *H In the table. M»nnfactnresof wool.... Mi |3|4,47« 311 »12J,721 M03' (I JI3),918 do cotton., r.'.u 114,180 too 149,772 489 14.591 do silk 433 815,103 957 181.ni 431 183.116 do flax 747 184,433 510 110, -151 681. 105,870 MUcollaneoamiry good'. 1,811 141,367 214 87,853 1,773 111,5*4

Total. 8,593 {979,550 3,015 (854,364 3,761 f69i,0!3 WITHDRAWN TBOM WARXBOUSS AND THROWN INTO TBS MARKET DURING TBI BAMS PXRIOD, Manufactures of wool.... 191 $19,496 357 $90,518 188 $61,065 do cotton.. 145 41,016 117 86.110 64 15,995 * -j 55 .- -. .-• do silk 40 44,511 59 41,531 41 31,:83 O a; w ~ ?( — w 55 w «o w, ^ c* *.- do flax 356 71.001 154 62.-97 289 67.461 » Miscellaneous dry goods. 187 9,107 1,247 29,797 431 13,818

Total 871 $949,131 1,931 $263,713 BS1 $181,390 '- — Sags: fl h - K 99 Addent'dforconsnmpt'n 3,598 919,550 2.015 651,561 3,181 6H.C81 :"3 :$?* sis « :2^s3 iSSSS n ~a.55 9 v ~o rf-7 «f Total thrown upon m'k't. 4,410 $1,218,681 S.919 $918,077 4,148 $871,172 1 z 1NTSRBD FOR WABIHOCSINe DUBINS SAMS PSBIOD, CO ow^t-* Hanatactnres of wool 851 $1',0I3 fc, o " w B*hw

the same period in 1878: : • art . so O for : ^» • . • January 1, 1877, and - :3 :8 Ol ~ S» oi « wj mo"! i SO _> .»0 •OwOO »• w4 • 0) w . [The quantity Is given In packages when not otherwise specified.]

Since Same Since Same Jan. 1,'71 '.'me 1876 Jan. 1,'71 time 1876 « ;w>«4>**33S - PcnSai-S^t.S.oaw— » ^«cj» — 55 «S •••3 t* Zl -ri t* '« - «3 '»' » « w-"N China, Glass and Metals, Ac- Earthenware— Cutlery 3,509 3,58! China 13,314 16,653 Hardware 1,183 774 Earthenware, 36,973 33.032 Lead, pigs 103,034 70.794 Glass 196,554 157,011 Spelter, lbs 861,541 8:6,964 Glassware ... 34 911 31,711 Steel 44,2 47,315 Glass plate... 7,177 8,237 Tin, boxes 940,931 811,475 r .w*— * , -1 Buttons 6.096 4,e43 Tinslabs.lbs... 9,353 612 7,812 910 >0 illJOOftf -O •S"«* •004>Of-^"«fs-f.»9r-a« — . .,_ — Coal, tons 69,003 52,656 jPaper Stock 171,095 129,352 ' '* -1 Oocoa 11.993 2141' Sugar, N •*" ' * bags... | hhds, tee. A *-£ S Sf S^^i*^ 'g S'22 Coffee, bags...... 1,655,101 1,277,293 1 bbls 516, ''31 545,855 Cotton, bales 4,919 4,494 JSugar, bxs A bags. 2,683,811 1.930,121 Drugs, Tea 197,t0! Ac- T. 790,081 4 -1 80 -~t Ol O Bark, Peruvian. 16.173 88,363 a jTobacco 67,121 49.2)1 :B :Ss :9 :Ss5 :sl :»fig :p'gi: i||§ ; SS Blea. powders... 25.720 3b, 6 1. Waste 603 < "oSiS" Cochineal 3,916 4,578 Wines, Ac Cream Tartar... 398 Champagne.bkt 79.474 83,203 eo'.i'.o Gambler , 87.081 Wines 113.49: 110.S36 I . . . Gum, Arabic. . . 5.176 4.501 Wool, bates c9,lB6 43,501 , . - r 23 ;« : : 4.501 2,97o S : : -stiS :*;: Indigo , Articles reported by Madder 1.314 1.388 value - $ * sis § i? Oil, Olive 39,208 31,057 Cigars 1, -.68.710 1,564 583 M eOa-a 1,634 1.047 .'9 Opium C«rk8 009 40,231 .OS • MO -8 :•> Soda, bicarb. ... 21.08 30 326 .. • : |S5 Fancy goods.. 854,938 1,011.337 : : : i : : i 3§ Soda, sal 58,615 47,344 Fish 433 579 431,556 4 a Bodaash 60,154 51.323 Fruits, Ac- 3 s sM S3 -f Piax 4,655 8.538 Lemons . 954 3!1 969,857 •0 W-* Fars 6,04' 6,366 Oranges. 1,211,226 1,134.1110

. 4V <* "eo : : now-' Gunny cloth... 4,773 1,916 Nuts 119,419 6-9,697 £y ; ;Sl ; eta . R Hair 1,713 1,745 Hi cSS* o>e» Raisins 1,131,936 1,410.979 "3 4M t- s K Hemp, bales.... 137,052 116,221 Hides, undressed 11,111,211 6,7 9,746 H" 8 -"S Hides, Ac- Kice S91.520 i;9,0S7 oa i -r» Bristles 1.684 l,4It. Spices Ac- : : Hides, dressed.. 5,719 4.711 Cassia 103.313 19\4SJ : : 9 :S»S • ?-!t : • :S 4 =55 °» : : i :i :?2 : S •<*o - — «> India rubber... 58,829 40,106 Ginger 113,322 1 ' : 113,671 *o* 1" o> Ivory 726 1.929 Pepper 440,t6i 452.100 ." 3 M = «5 0" Jewelry, Ac- Saltpetre 409,157 161,933 2.499 2.515 Jewelry Woods • 9) • . B > : : : • -WO .eo * : * Watches 461 533 Cork 876.C6 1 £60.407 : :S.S : • ! . I IT' S at r'tf: ' — Linseed 872,519 551,965 Fustic iS.lrt 4») ">» 4A •• 74,730 — s 3? Molasses 87,491 99.937 Logwood 544,162 607.753 r* S' Mahogany 43,6 6 37 759 Kecelpta or Domestic Produce. •a .te^i-» «*i-r- •«'5 5Z3JS • e*> ao « ** "*, t- e i'*H§5Sif ** B o .t»-^» 000 'J 9 3* IS The receipts iiSrt -Vso* ww *o» «•; 2.033 11.011,066 Butter.... .pkgs. 1,117,118 1,16;,893 Bye " 1.801.75- 1.210.109 Cheese. . 1,177,58 1,952,367 «• BarleyA malt 7,560,702 5,171,569 Cutmeats ,, 939,875 :01,33i •) " Grass seed. ..bags Ml.OiO 157,37 Egg*. ... 451.101 607.713 Beans bbls. 76.098 90.163 Pork .... H 151.892 155 615 Peas bush. 562,556 1,C6;,407 Beef H 45,413 91.79! Corn meat.. bbls. 214,017 l68.o:« Lant ** 369.661 304.110 Cotton bales. 650.381 939,881 Lard • kegs. 39.365 31,480 Hemp " 6,214 3.836 Bice pkgs. 35,40: 43,2ol Hides No. 8.1'l.MS 8,479,775 Starch 343,013 333,33.3 Hops bales. 100,753 99,4891 Stearine «• 17,157 19.959 Leather aides. 4,037,189 3.478,0341 Sugar ..bbls. 786 1,011 Molar ses hhds. 4If 405 Sugar .hhds. 13.018 10,461 Molaaecs bbls. 74.115 53,704 Tallow .pkp. (6,506 57.875 Maval Stares— Tobaece. ... 18S.I7J 909. ajp Crude lurp..bbls. 3,184 3,978 Tobacco.... .hhds 96,613 113.913 Spirits " tarp 11,198 71.136 Whiskey .. .bbls. 142.467 136,716 '• Koala U1.487 J55.735.Wool bales. 93.95'' Tar - 7*,431 21,74.3 17,28),; Dressed •.•!».. No. nC«tj X 3 . . 3 ;

~~542 THE CHRONICLE |Tol. XXV.~~

(iHSEUAL GUNNIES.—See rdport under Cotton. SALTPETRE— HAT- Refined, pure VjlTb HX9 Crude 11X North River shlDpim y 100 » a 60 per 100 lb. gold .. a 57s PRICES CURRENT Nitrate soda " •» HBMP AND J U IE- ... a 3 37x American dressed V ton. 175 30 3215 00 Sll.K- ASHES— American undressed ISO 00 @135 Pot.tisticit.. ». 4!<» 00 Usua] reel Tsatless » Russia, clean gold. 215 '10 None. 4J210 00 Usual reel Tavsaams None. BRBADSTUFFS—Soe special report. Italian '• 270 00 I&275_ on Ke-reeled Tsntlees 4 50 (3 BUILDING MATER1ALS- Manila ..vllb " 6^3 7 5 50 Re*reelei Cctngoun .... 5 CO Sisal " .. .3 5* @ flrfclcs— Common bard, afloat. .* M 3 51) e 5 ci Jute " 4 3 6X SPELTER- Croton 8 U) 3 10 00 Forelgn '.00 Ib.gold. Philadelphia 23 Oil 3 27 00 HIDEB- 6 12X9 « 25 Dry— Buenos Ayres, selected. *s»« 21 '.2X3 12V a M do white S2X® 23 do taiiy boards, com. to g'd.each 25 sa California. do.... ti a 21X a Cassia, Chiua Llgnta ....® 20 it 3'. 40 00 Matamoras. do .. '• n 1c Oak...... M. 00 a * @ do Batavia IS 3i - S3 00 Dry Salted Mara'bo,as they run" @ 21 Ago. goo 1 00 — Ginger, African Matainoras do.... 6X® Black walnut SO 00 9 11 XI Braudy, foreign brands fi gall. S 75 17 00 T Lead, wei. , Amer., pure dry HOPS- Rum—Jam. ,4th proof •• I CO S CO Zinc, wh.,Amcr. dry. No. I 5 Cropof IVil fi ». 13 St. Croix, 3d proof •' 8 50 4 CO 10 Zinc, wb.. Amer., No. I, In oil I t ropof H75 5 «in " 3 00 3 25 ». 1 7) 1 15 Paris white. Er.a., fold.... V 100 Olds, all g-owths • 8 Whiskey, Scot-h " 3 61) 4(0 *' BUTTER— A'eio— (Wholesale Prices)— INDIA RUBBEH- do Irish 3 90 DomeHicllqaors Cash Dairies, palls, gV to p'me State $* ID. » 27 Para, coarse to One S5 a 52 — West'n fac.t'y, tubs, e'd to ch'~e '• 17 Esmaralda, preksed. strip ...e Alcohol V gall. 2 C6 3 H'lflrk.,tuos,State,f'r to prime " 21 Guayaquil, p essed, strip.. T8X® io" Whiskey 1 09*3 1 11 Welahtubs.8tate.com. to p'me " 22 Panama strip 37)49 n STEEL— Store JV'ICfS, Carlhagena, pressed .36 k 87 CHKBSK— English, cast,2d&l st quality » II gold 16 Nicaragua, »heet 41 (3 li 14X3 State factory, fair to choice .»» a i.'X English, sprinK,2d A istquallly.. " 6X3 6X Western faetory, good to prime wx» 11* Nicaragua, Bcrap 89 m " Mexican, sheet English blister, 2(14 Ut quality,. 14 English machinery " IOX COAL— Honduras, sheet 37 @ 40 " 9X® gat cannel 10 003 11 00 English German, 2d A 1st quality ioxa Liverpool IRUIX-- «a Liverpool hout channel 13 00a 14 00 American blister cur. American, No. 1 Anthracite—The following will show prices at Pig, V ton. !3 (0 3 :o 10 American cast, Tool 16 Pig, American, No. 00 sch. : 2 17 5U 3 18 American cast spring 9 last auction, or rates as 1 er NoveinOi r dule Peun! ».L.*1V. D.&H. f.ill. L. * w. Pig, American, Forge 16 00 3 17 5) American machinery 10 Auction. Bched. Pig, Scotch 8J0 (3 :>> 5J American German spring Priced, Not. 37. Schel. Schei. Port itore H. boken. "W 'aawKen. N.York. John-fa. Bar, Swedes, ordinary sizes..? ton. 180 00 3132 50 SHOAR- Scroll lb. 2 E-H'a 5 Inferior to common reflni- g....V lb. St'mb. — »2 3 32 rt f 2 SO (2 61 * " 5.) floop, XX.No.2Uol&:}la guldV'tt ll'K'l 11 Good refining ....3 7X Egg. 2 2;®1 '* '.li double treble.com. 4 Prime Stove.. — 2 5593 S2 1 3 10 3 01 Sheet, single, & 3X3 " ...a 7X Ralls, Amor., at Works..? ton, car. S3 00 37 10 Porto Rico, refln . fair to prime 7 a Ch'nttt.. — 2 25®! 40 2 90 •i m 2 60 3 " Steel rails, at mill 45 10 a .... hoxes. c'avtd, Noa. lOSdl 7X® it CJFFKK— Ceatrlfngal, Nos. 7@13 " car.60and9-days.gtd.ritb LEAD — " "S3 3X Klo, ord. 15XJ 15 X Melado 4 e 6 gold. •• Ordlnaryforelsin » 100 lbs, gold 6 37* 6 4J " do fair, do ....a ^X Manila, sup. an 1 ex. sup 6*» gold. Domestic, ennmon cur. I ^5 " 7X do good, do 1 l'X Batavia. Nos 1' ®12 7*3 " Bar (discount. 10 p. c.) V lb a " i>< do prime, do gold. i9xa 19.V r.raztl, Nos. 9@11 " Sheet " " " 6X9 7X Java, mats gold. 22 a 25 a li-.tlned—Hard, crushed lb 3 Native Ceylon gold I1X8 21 LKATHER- Hard, poadered " 9»3 gold. •' " Mexican 18X® 20 Hemlock.Buen, A'res,li.,m.& I.Vib. . .3 25 do granulatel »va gold. " " Jamaica 17* + 19X Calltonila, h., m. & 1 22 3 do cutloaf 10X4 Maracaibo gold. 17 3 1»X " commoo i>ide,li., m. & 1.... 22 3 A. standard " I" Coffee, " 9X9 gold 13* » 23X »• rough 26 28 off 9 Laguayra 3 do A " 8va Bt. Domingo gold. ti a 17 Slaugbtercrop 30 32 WhiteextraC 6>«» BX a " Savanllla gold. " 17X* •.0 rough 27 31 Fxtra C no H BX Oak. 3 " 3 CoetaRlca gold. li a 21 Texas. crop 29 a 61 Yellow C 7xa 7X Other Yellow " COPPKK- " 7!ia 7X ">• MOLASSES— Molasses sugars 6*9 VX Bolta • • * SO Cuba.clayed * gal 3 (over 23 Sheathing, new 13 ov Cuba, Mus.,renn.gr'ds,50te8l. " S8 3 TALLOW— 1 6 oz.> 30 Bra«lers'(over do do grocery grades. " Prime city,. 7*» American Ingot, Lake l*H3 nv — Barhadoes " 43 3 Western ...... 3 COTTON—dee special report. Demerara " 35 a * UVKS— Porto Rico .. " 40 a T1N- DRUGS gold. lump. Am r n> car. ().. com. to i-rhne " 25 Bauca .*» ....» i?x; Alum, N. a " Argols, crude gold. 10 Straits • lex Argole.retlued :S a six NAVAL STORES— Engllsh'.retlned...... '• i6«s i6x powdered 2 6 Tar, Washington * bbl. 2 23 a 2 37X Plates. I.e., coke tfbx g d. 5 62XS 5 75 Arsenic, " 2S ** Bicarb, soda, Newcastle.* 1001b 4 00 9 4 UM Tar, Wilmington 2 S7X« »* Plates.char.terne " — Blchro. potash... *lb cur. 12 a uS Pltcii. city ", 2 12X3 2 " gal. 34 Bleaching powder * K0 lb. 1 is 1 15 Spirits turpentine * 3 E4X TEA— Br'metone. 2nrts &3r.ls,per ton.iold.23 50 % 27 50 Rosin, strained to good strd.V bbl. 1 3 «" Uyaon. Common to lair cur.^lb 22 3 27 roll *»..cur. 3 •• low No. 1 to good No. 1 " I 2 Superior to tine SO S7 Brimstone, Am. " do a .. 2d •• 2 to good So. " 1 to 2 05 Camphor refined — ... — .. 3 low No. » do Extra hne tc finest 40 us 47 •• extra paie.. " 3W 4 00 Castor oil. B. I. lnbond. * gal.. gold. to a low pale to do Choicest Nomln&l. " " 4 50 5 Caustic soda * loom " 4 15 a 1 25 wladowglass 00 Youug Hyson, Con., to fair 21 & ;t> s ;:. 19 flue SO Chlorate potash . « on do Super. to a 49 Cjchlneal, Honduras, silver... 59 a 62 Almonds, Jordan shelled IP Pi. 30 @ do Ex. fineto finest 47 a 57 Ochlneai. Mexican.. 54 e 95 Hrazll * ® 4X do Choicest 67 ® S2 Cream tartar, prime Am 24 e UH Fll'erts, Sicily 11 @ 1IX aunpowder.com to fair 21 a S3 East India cur. sxa 8X Vfalnuts, Naples 12 ® 12X do Sup. to fine 37 a 45 Oibebs, 5 Cttch K°! d - 5*« 514 Pecan @ UH do Ex. fine to finest 52 a 62- Gimbler .-> iii Navy.U.S. Navy*best»». do Choicest 65 3 85 1 OAKUM— 8X» iox . •• *"• 12 a 1 25 Imperial. Com. to fair 23 3 2i Omieng •• American pure a a 19 Sun. to fine S2 ® 40 Glycerine, OH. C4KK— ^ Ito 22X» City, thin ob'ong.bags, golc\ v ton. 31 (0 a do Extraflnetoflnest 44 3 12 Calabria " 27 • 30" •• PysonSktn.ATwan. com. to fair. 13 a 20 Lfcorlcepaste, Western, thin oblong (Dom.) cur SI 00 3 34 ! tlcorlce paste.Slclly ...... 25 a 28 OILS- do do Sup. to One 31 » 33 Spanish, solid., .gold 26 ra 23 , Kx flnetonnest Nominal. Icorlce paste. crude gal. do do Cotton seed, V 50 21 27 •ladder. Dutch...... Dncolored Japan , Com. to lair a J casks* gall ' 1 French. K.X.F.r 5 a Olive, in 20 oo Bup'rtotlne S3 3 43 Madder, k Linseed, casks and bbls " 60 HutgalU.blue Aleppo cur. 19 a 2D do Ex. fine to finest 43 a 55 no Menhaden, crude Sound..... ' ti Oil vitriol (66BrlmBtone>... 2 a k 50 Oolong, Common to tair.**, 23 3 J* bond), gold. Neatsloot.No. 1 to extra 90 Opium. Turkey ....(In 3 S7X do Superior to fine >3 a ' Sal soda, Newcastle * J., B a do Kx. fine to finest » IwU Lac, 2d * 1st English *a xur. a 21 PBTROLBUM— 11X) * 0l<1 l5 1 60 __ odaash * »• • a In bulk . » gil. s TOBACCO— . , Crude, ....a lugs, heavy..... *»» » Sugar of lead, white, prlme.Vlbcur. 19 Cases 17 a li Kentucky J J ** leftf .... 1 W '« Vitriol, blue. common. Til Ik standard white...... * 13 Refined, x Eng.wrappers'7l-'75 10 « 80 bbls 7 s Seed leaf-New Naphtha, City, a •• fillers, ,4-'75 5 7X Oeorgt't (new) coa.*> oil. 1 62x« 6 00 do 3 'orMBk.* •71-'75 12 * « ltikckerel.No.l, vf. shore pr.bbl. 20 00 a J2 00 PBOVI8ION8— Pa. assorted lou, assorted Mackerel, No. 1, Bay .... 20 00 Pork, mess, spot .fibbl. 13 SO • 13 65 Yara, K ® 1 ,« fine «• ' Mackerel. No. 2 Mass. shore (ntw). \i 51 u IS «o Pork, extra prime .... 3 .... Havana, coin, to ;J 'J black work ISXa 21 luckerel.No.l.May 12 CO e IS C-0 Pork.nrlme mesf.West...... m .... Manufac'd, In bond, " " H ** Beet, family mess 16 00 @ 17 10 bright work » 13 00 BSitai.Swaieis perSOlb.lrall s 45 s 50 Beef.extra me", "tw « 13 50 b&ifis.W. sun., cured .. n 00 an 25 do Layer, new 1 1 90 Beef TmerTcanXX »» 38 a 4S 1 in City long clear .* » do old . Bacon, Nos. 1 * 2 « do 12X American. »• «o Loose, new 2 10 _ 2 15 Hams, smoked American, Combing « a w vaunla, new 6Y3 Lard. City steam S-35 Pulled » do sua Extra, «» Currants, new No. I, Pulled 20 a 25 v> .a KICK— Citron, new h Carolina, falrto prime t<». 6X<* 6X California. Spring Clip- Turkish (new)...... a 1' 37nowa so Prunes, LoniBlana, n(^w, lair to prime.. " «xa Superior, unwashed :isa 17 ''>• S 23 26 do French In bond 3X rap.' rr...... •....•. ^.* • — 5 Kangoon, . • ra cs «H ' Interior. }« • « id Patna. au(y paid ixa 7x Fit s, layer 16 ranto"li'"'ee .wh 4 hf.pots.P cate. « 50 a 8 00 SALT— _ . . unwashed 29 a S3 v bush. is South Am.'MerVnc. half box . :ch Turk's Island a 29 a S3 8-rilne ,V so Cape Good Hope, unwashed qnar: er box isva St. Martin ••• — •• a 35 e , Eastern £* a a Barul ? 1 Texas, One. Itrtlii^n Liverpool .various sorts T sack. 10 a 2 50 jla "ronl. 12X® Texas, medium. Eastern .. ;« ® Dried— - 13 fw Domestic SEIIDB- Smyrna. unwashed .gold. « Auple ,S u.hetn.sllccl .*•*. 5 13 Clover, Western 1X1 bo «o 1" art r8 6 FREIGHTS— ^-BT«i» . f—-»ATr«—-^ State -. - .. a Clover, New York do do 5H3 6X 2 19 Cotton .*». ..„•••• -X p'l i chi Ice. s 11 Canary, Smyrna •••• Pa chep, pared, Ga e* a 40 Klnur V bbl. 8? 3 26 a I anai SI fly 2 unparei. halve a d qrv . 6 y, 25 i.38 213 22 6. no 4X» ... 2 00 Heavy goods. .* ton. 3 Dmcll .• (a enl«,bags aad bhls. (ne«>. . i 6X Canary, S3... 7X» .... BlacSl foreign t 50 a 1 55 CoFnfbMk&bgs.lPl.u. Baipheirles :-5 a 29 Hemp, bags.. V X3 .... l"-*! .... 1 1 53 Wheat, btlk* | v Flaxseed, American, rough.. . «• Cherries dry mixed and new wet. . 13 a 16.S * tee. 5 6 3 .... Lluiocd, Call Ulla ? 5ft I. gold. 2 (5

~~December 1, 18V7.J fHK CTHROmCL^~~

~~Commercial Cards. Finanoial. Steamships.~~

Brinckerhorr, Turner Albert E. Hachfield, «> \ i. i 18 WALL STREET, & Co., NEW YORK, Direct Line to France. DEALS IX Manufacturers and Dealer* Id FtreUClasa InvcKtntent Sceiirltlea, Th* General Trarm-Atlontlc Company's CITY BONDS OF ALL KINDS. Mall Steamship*., COTTONSAILDUCK BETWKEX RAILROAD BOXDS AND SOETBXEX SECUEITIES OF And all kinds of ALt, DESCR1ITI0XS. WBOT YORK AND HAVRE. OTTON CANVAl, FELTING DUCK. CAK COYEK Calling at Plymouth for the landing of Passengers. WANTED. The splendid[vessels on this favorite route, 1NO, BAGGING. 1! 1VCNS DUCK, SAIL TWINES for the Mississippi Central Bonds. Continent-cabins provided win, .-will *C. " ONTARIO" SEAMLESS BAOS, N n i Weans Jackson sail from Pier No. 50 North RHcr. * Great Northern Bonds. foot ol Morton at *• "AWN1NU STRIFES." New Jersey Midland Bonds. ss follows New York & Oswego Midland Bonds. FRANCE, TrudeMe Wed., Dec. J 10 A If Alio, Agents Northern Pacific Bonds and Stock. CANADA. Frangtwl Wed., Dec .« A J» AMERIQUE, Poosoll Wed.,Ja.i,.».»•» AM* lnlted Slates BuntlniE Company. PRICE III PASSAGE 1\ GOLD (Including wloer To Havre— First cabin, $100: second cabin, I 5; taint A (oil (apply all Widths and colors always to stock. E . S. cabin, *33 Bai ley, ; atserage, las—Including wine, bedding sad utensils. No. 109 limine Street. 6i WALL STREET. To Plymouth, London or any railway station Id England-First cabin. $90 to $100, accor-llng to accom- Dealings la modation second ; cabin. %>& ; third cabin, A35 steer- George A. Clark & Bro. age, til. Including everything as above. Insurance Return tickets at very reduced rates, available Stocks, through England and France, steamers marked Urns • do not carry steerage passengers. A SPECIALTY. For passsge and freight apply to Cash paid at once for the above Secorltles ; or tnej LOUIS DEREHIAN, will be sold oo commission, at seller's option. Agen t, 55 Broadway. Franz Herm. Abbes & Co Atlas Mail Line. BANKERS, nSf£S£!&LX SERVICE TO JAMAICA, HATTT, IMILWARD'S III I. IV NEEDLES. COLOMilIAandASl-INWALL.aud to PANAMAand SOUTH PACIFIC PORTS (via Asplnwalf.) 400 BROADWAY, NEW YORK. t list-class, full-powered. Iron screw steamers, from BREMEN, GERMANY. Pier No. II. North River. .„,„»°,r El> K I,...... - ATLiS .' ..,„„.. .'.".' Decembers) AGENTS Kin; ror HAi n. coi.ci.MHiA. ISHIMUS Or i-aaama. Washington .Minn, riilropee MfgCo., Koln Wechsler H SOUTH PACIFIC PORTS, VI. Asnlnwall),- Hnrlliistoii \\ 'ooleu Co., A Commissions Bank. A| ETNA.... !!!'.'.!!!!!!!;! Ellerton New Mill., ! December is Atlantic Cotton Mills, superior nrst-clas. passenger a. coiniiiou.il o. NEW YORK CORRESPONDENTS: P1M, FORWOuD A CO.. Agel U, Saratoga Victory ;Ufg Co., !8 AND No. Wall I tr et Hosiery. Sblrta and Drawers MESSRS. SPEYER A CO. From Various Mills. THE OLD RELIABLE NEW YOKE. BOSTON, 13 & 45 White Strsst. ISChaukoxt St. 20 Exchange Place. PHILADELPHIA. Stonington Line J W. DAYTON. -130 ChkbtmitStrkst. wight John B. Manning, FOR BOSTON, John D & Co.. BANKER AND BROKER, AND ALL POINTS EAST. Not a Trip Missed in 7 Consecutive Years. MAKUFACTL'RERS OP" No. 14 TVall Street, New York City. SOUTHERN SECURITIES THE ELEGANT STEAMERS SUPER-CA RBOXATE A SPECIALTY. STONINGTON and RHODE ISLAND. or State, Municipal and Railway Bonds and Coupons 4:30 P. M. D»" v ' rom p'«f »• North River, foot of Jav sireet. bought and sold at best market rate-1 , investors or Hereafter the STEAM EXPRESS dealers wishing to Duy or se:l are Invited to communi- BOAT TRAIN WILL LEAVE SIONINGTON 4:30 SODA. cate With US. AT A.M. Member of the New York tock Exchange. State-rooms and tickets secured at 363 Broadway and No. 11 Old Slip, New York. at all offices of v*e.*teolt Express Company In New York City and Brooklyn. Al.o tickets for sale at all The joooing Traie ONLY Sapplied hotel ticket-offices. Swan & Barrett, BANKERS AND BROKERS, PROVIDENCE LINE. Olyphant & Co., FREIGHT ONLY FOR 200 Middle Street, COMMISSION MERCHANTS, Providence. Worcester, Nashua and PORTLAND, MAINE, all Points North. Steamers leave. Hong Kong, Shanghai, Foochow A Dealers In Government, State, County, City and Rail- I-OO P 1W Daily from iier 29 North River (foot Canton, China. road Bonds, Bank Slocks, &c. of Warren street.) » Desirable Investment Securities constantly on hand Freight taken via either line at lowest rates. REPRESENTED BT li. ». BABCOCK, President. L. W. FILKINS, General Pauenger Agent. OLYPHANT A: Co., or China, Wm. Fisher & tons. 104 Wall St., New Yorlf. BANKERS, Railroad Material &c. And Dealers In Governments*. Coin, dc English Cannel, Investment Securities, Opposite Second St. 32 Soum STREET, PHELPS,DODGE&Co Liverpool Orrell, BALTIMORE, y\u. Purchase and sell Governments and Coin. CLIFF STREET, Gold constantly kept on hand for the supply of Mer- chants, for duties. Between John and Fulton, New York* American Orrell, Bonds and Securities of every description bought and sold on Commission Orders, w^lch have direct Now landing and In yard, for sale at lowest market personal attention. Especial attention Is given o Investment Securities prices la lots to suit purchasers. Also, all kinds of of the higher grades, quotations for which are fur- IMPORTERS AND DEALERS III the best nished aB required. Correspondence solicited ANTHRACITE COALS. Tin & Roofing Plates, The Trade supplied. Eustis George & Co., ALL SIZES AND KINDS. !• \ OF ALFRED It 'II I I , 32. Pine street. BROKERS, PIG TIN, RUSSIA SHEET IRON"* Yard-«87 West 22d Street. CHARCOAL AND COMMOK SHEET IRON CINCINNATI, OHIO. LEAD, SHEET -/.INC, COPPER, RANKING HOUSE OF Spelter, Solder, Antimony, ke. G. W. Norton & Co., MANUFACTURERS OF JOSEPH GILLOTT'S COPPER, BRASS AND WIRE. CASU CAPITAL $JO0,00O., STEEL PENS. MANCHESTER

Sold ty alt dealert throughout tkt Ifarla". LOUISVILLE, KENTUCKY. Locomotive Works, P. Keleher Co., Alden Gaylord, F. & MANUFACTURERS OF J. BANKERS AND BROKERS, Locomotlven, Stationary Steaeja Est- 33 Wall St., New York, No. 305 Olive Street, -in.«. and Toole, DKALEB ix MANCHESTER, N. H. ST. LOUIS CITY A; COUNTY BONDS ST. LOUIS, '!<>.. BLOOD, W. O. 'in>*, - --_„ AMI ALL CLASSES OF But and sell Government, State, County, Township ARETAS INVESTMENT & MISCELLANEOUS SECURITIES ana Municipal Bonds. Coupons collected. Missouri Superintendent Treasurer, Kefers by permission to Voys. Nichols A Co-CBankers Bonds a specialty. Foreign exchange bought sud sold. Manchester, N. H. 40 Water Hi set, Boston

~~! VI THK CHRONICLE. Vol XXV.~~

~~Railroad Material, &c. Insurance. Insurance.~~

S. Kennedy 8c Co., OFFICE OF THE J. BANKERS AND MERCHANTS, OFFICE OF THE ORIENT 41 CEDAR, C"R. WILLIAM ST., New York. Buy and sell Railroad Investment Securities. Col ATLANTIC Mutual Insurance Co. cct Coupons and Dividends. Negotiate Loans and 1 draw Bills of Exchange on London. New Yoitu, 20th January, 1877. Agents for the sale of STEEL KAILS made by the Mutual Insurance Co. The following Statement of the affairs of Cambria Iron Company, this Company on the 31st day of December, 1876, Is pub- JOHNSTOWN, PENN., lished in conformity with the provisions of AND THE Its New Tore., January 24, 1877. charter: Edgar Thompson Steel Co. (Limited), The Trustees, In conformity to the Charter of the Premiumsunearned3istDec.,lS75.... $283,785 99 PITTSBURGH, PEW. Oompany, submit the following Statement of 1U Net Premiums received during the year All business relating to the Construction and Equip- affaire on the 31st December, 1676: ending 31st December, 1876 ment of lailroads undertaken. Premiums received on Marine Risks 739,885 83 from 1st January, 1876, to 81st De- BOBDKN. L. X. LOVEIL WW. Total Premiums $963,151 82 cember, 1878 $4,929,197 68. Premiums on Policies not marked off Borden & Lovell, Earned premiums of the 1st January, 1878 8,172,280 0T year $767,235 10 COMMISSION MERCHANTS Losses and expenses 468,476 88 Total amount of Marine Premiums. . $7,101,467 78 Re-insurance and return premiums ... 1:5,046 71 TO & Tl Went St., Now York, No Policies have been issued npon Life ASSETS, Risks, nor upon Fire disconnected AGISTS FOh 81st December., with Marine Risks. 1876. BOttDKN MINING COMPANY, Premiums marked off from 1st Janu- Cash In Banks $285,140 31 ary, 1876. 31st December, 1876.... 11 to $8,081,098 United States Stock 638,538 12 'LMBEKLAND COALS. Losses paid during the Stocks of Corporations 126,078 58 same period $1,865,183 48 FALL KSVKR IRON WOKKSCOJDV RealEstate Returns of Premiums and 178,019 98 NAILS. BANDS, HOOPS AND UODS. Expenses. .$1,088,410 88 Subscription Notes, Bills Receivable and Uncollected Premiums 458,33112 OLD COLONY STEAMBOAT CO.. The Company has the following Assets, Tici Unsettled accounts 28,16118 FALL KIVEV LIN8 STKAMKB8. Doited States and State of New York Stock, City, Bank and other stocks. $11,068,700 00 Total amount of Assets Rope. Loans secured by Stocks and other- $1,627,817 19 wise 1,779,300 00 By order of the Board, STEEL AND CHAP.COAL Real Estate and Bonds and Mortgages 367,000 00 IRON of superior quality Interest and sundry Notes and Claims CHARLES IRVING, Secretary, suitable for MINING AND due the Company, estimated at 402,350 19 HOISTING PURPOSES, in- Premium Notes and Bill! Receivable . . 1,812,604 38 clined Planes, Transmission TBtSlEESl of Power, Ac. Also uai- Cash in Bank , -,...... 865.018 74 George Mosle, Alex. M. Lawrence, /an'zed Charcoal and IJBIor Total-amount of Asset* $15,694,867 81 Edward F. Davison, Frcd'k G. Foster, -hips' Ringing, Suspension bridges. Derrick Guys, Kerry Henry De B. Routh, John D. Dix, Six per cent. Interest on the outstanding Kopes, Ac. A large stock E. H. R. Lyman, Charles Munxlnger, constantly on hand from certificates or profits will be paid to the holders which any desired length Henry B. Kunhardt, Waltfr Watson, are cut. FLAT STEEL AND thereof, or their legal representatives, on and after Hugh Auchlncloes, Ernesto G. Fabbrl, IRON ROPES for Mining Tuesday, the 6th of February next purposes manufactured to Lawrence Wells, Henry E. Sprague, *rder. William Pobimann, John JOHN W. MASON A: CO., The outstanding certificates of the Issue of 1878 Welsh, Jr., Charles Llling, James 43 Broadway, New York. •Till be redeemed and paid to the holders thereof, or Brown, Alex'r Hamilton, their legal representatives, on and after Tuesday, Theodore J. Rail Constautin Menelas, Insurance. the 6th of February next, from which date all Inter Theodore Fachlrl Carl L. Rccknagel, •st thereon will cease. The certificates to be pro- C. L. F. Rose, W. F. Cary, Jr., Wm. S. British duced at the time of payment, and canceled. Cpoa Wilson, North and Mer- Carl Victor, F. Certificates which were Issued for gold premiums, Conslnery, Ramsay Crocks, the payment of Interest sad redemption will be la Gustav Schwab, cantile Ins. Co., Arthur B. Graves, gold. George H. Morgan. OF EUGENE DUTILH, President LO\DO\ AM> EDINBURGH. A F>lvldend of Forty per Cent. Is de- ALFRED OGDEN, Vice-President iNCOnroUATED IN 1809. clared on the net earned premiums of the Company CHARLES UNITED STATES BRANCH: for the year ending 31st December, 1878, for which IRVING, Secretary. certificates will be Issued on and liter Tuesday, the 54 William St., Cor. Pine, New York. ANTON METZ, Assistant Secretary. Established December, 1S66. M of April next. Called in aid paid up Capital.... 36 $1,363,638 By order of the Board, Reserve f.ir all olherliubiiities, In- NEW YORK eluding ra-lnsurance ?,517,f'28 04 Net Flic Surplus and Reserve.... 4,(ilj<,6») 70 S, II. CHAPMAN, Secretary. Mutual Insurance Co., Invested and Cash Fire As<=ets.$8, 500,185 10 Subscribed Capital, fur which the No. 61 WILLIAM ST. Stockholders are personally liable, not yet c He« in .... $9,545,054 04 Itcserre t,>r 'ota! Liabili.ies, in- 1U18IEESI ORGANIZED AS A STOCK COMPANY 1T98. cluding re-insurance, in the U.S. $78\M8 04 ^et surj:us in the United Stales. 9i6,75S 49 J. D. Jones, Charles Dennis, STOCK PAID OFF AND MCTTUAL PLAN Fire Afs»t9 held in the U.8...$I,7G7,276 53 W. H. H. Moore, Lewis Curtis, ADOPTED 1851. The above docs not Include the Life and Annuity Oharlea H. Russell, fames Low, Funds, which, by act of Parliament, are in a distinct David Lane. Gordon BdrnhAfn. 01. And separate department, for which the surpliiB and W. ASSETS, January 1,1§77, $797,517 reserve of the Fire Insurance Department, named Daniel 8. Miller, William Stnrgla, above, are not liable. Joslah O. Low, William E. Dodge, All tlte Profits are now Divided among HAS. E. WRITE, SAM. P. BLADGKN, Managers. Royal Phelps, Thomas F. Tounge. Policy-Holders. 0. A. Hand, John D. Hewlett, William H. Webs, Charles P. Burdett, TRUSTEES: Francis Skiddy, Alexander V. Blase, Stephen Johnson, Francis Hathaway, Atthur Leary, Lloyd Aspinwall, Adolph Lemoyne, Robert B. Mlntua. Henry Meyer, E. P. Fabbrl, Ohm-les B. Marshall, George W. Lane. Edward H. H. Lyman, George Mosle, Robert L. Stuart, James G. Deforest, E. V. Thebiud, Gerhard Janssen, John H. Earle, Jacob S, Wetmore, Frederick Chauncey, Charles D. Leverlcs, L. Bayard bmith, Rich'd Irvin, Jr., Adam T. Sackett, Horace f}ray, Charles Lamson, Israel Corse, fidmund W. Corliss, John Elliott, Henry 0, Hurlbtrt, H. C. Von Poet. William Bryee, William H. Fogg, JOHN H. LTELL, president, Peter V.l THEO. B. BLEECKER, Jb., VIce-Pres'L ISbi. T.S.WINSTON, PRESIDENT . f UE S EVERY APPHOVEDDESCRIPTlOf EDWARD LARAQUE. Secretary. I. D. JONES, President. POLICIES For the convenience of its customers, this CerfiJ OFE XnB ENDOWMENT CHARLES DENNIS, Vice-Presides*. cn renins as favorableasthoseofany other co. cany has made arrangements to issue Policies and W. H. H. MOORE, 84 Tlee-Prestdett. certificates payable la London, at the banking BASSETS Wer$80.000.000. A. A. RAVEN, 1 4 Vlee-FrtridV**, house « Me***, PJ&UST0U& ojwss « c»v : :

~~r December 1, 1877.] THE CHRONlCLh vii~~

~~Insurance. Publications. Cotton.~~

T II I The most eminent living authors, such as Robb & Pect, NITKI) STATI Rl. lion. \V. u lie, The II like ot Exchange on the CITY BANK, LOKDOU, satf A r •• 1 ORGANIZED 1850. of > 1 , mrs. viiil... h, William 40TTINOUER a CO., PARIS. ASSETS, $1,827,176 *«. Black, Jean Ingclow, miss Thack- •rii, , mrs. SURPLUS, $820,000. Ollphant, Mr*. Alexander, George macDonald, matthew Arnold, Woodward Stillman, IVBRY APPROVED FORM OP POLICY ISSUED & W. W. Story, I urt ii.-ul.-f. Aner- ON MOST FAVORABLE TERMS. SEAMEN'S DANK BUILDING. bach, Uuskln, ( arlyl.-, Tennyson, Browning, and many others, arc represented *os. 7»& 76 Wall Street, Nen fork. ALL ENDOWMENT POLICIES in the pages of AND APPROVED CLAIMS Littell's Living Age. Cotton Factors MATURING IN 18 7 7 .I'n. 1. 187S, Tbk Liviko A01 enters upon Its irs'h volume. Durlrgthc year It will furnish 10 its reader* ttie proiltieiloiiB 01 the foiemo.t authors above General °* ** named, Commission merchants. ™" DISCOUNTED « and many others : embracing the choices: Serial anu Short Stories by Special attention LEADING FOREIGN NOVELISTS, paid to the execution of orders for ON PRESENTATION. the purchase or sale of contracts and an amount for Intors delivers Jf cotton. JAMES BUELL, - - - PRESIDENT Liberal advances saade on consign Unapproached by any other Periodical xtents. office middle department In the world of the most valuable Literary and Sclen

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