may 4, 1872, vol. 14, no. 358 - fraser · kmm hunt'smerchants'magazine,...
TRANSCRIPT
kmmHUNT'S MERCHANTS' MAGAZINE,
EEPRESENMNG THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATK
VOL. 14. NEW YORK, MAY 4, 1872. NO. 358
^bucrtt0cmcnti5.
AdvertlBements wilt be published at 20 codU perline for e»ch litsertlou, space being measured In agatel\-'- '
;
'
T.i the Inch : wbeu definite orders are gfveut' >>r twelve months, a very liberal discount
.''nts will have a favorable place whenIlr^t lu:5ci U'd, but no promise of continuous publicationlu the best place can be given, as all advertisers musthave equal opportunities.
urn. B. DANA & CO.,PUBLISHERSJ
7» & 81 Wmiam St., N. Y.
B^ For terms of Subacrlptlon aee5tli Page.
Financial.
The National Bank-Note
Company,(INCOBPORATKO, NOVBMBSR, 18S9.>
Eugravers of the U.S. Pontage Staiupa,Bonds, liCKal Tenders, and
National Bank Note*.
E.XGRXVIXO AXD PBINTISQ OF BaXK.NOTIS, CKBTt*
FicATKB, Drafts, Statb and Railroad Bonds,
Bills of Excba.voi, Postagk Staxts, asdCOKHRRCIAL PaPXRS,
In the highest style of the art, with all modern Im-
proremenu of value, with tpeciat gafeguardt devised
by the company and patenud, to prevent frauds by
photographic and other modes of counterfeiting and
alterations.
All steel plates engraved and printed by this com-
pany are warranted to give thirty thousand good Im-
preiatons, without charge for repairs.
A variety of Bank.Xote and Bond Paper, of superior
quality, always on hand.
•FFICE, No. 1 tTALIi STBEET,NKW YORK.
J. H. VAN ANTWERP, Prea>t.T. H. PORTER, VIce-Prea't.A. D. SHEPARD, Treasurer.J. raACDONOUUH, Secretary.
ASa. J. BXOWK. WALSTOH B. BBSWlf.
AugustusJ.Brown & Son
BANKERS,SS Liberty Street, New Tork.
8FBC1AI. ATTENTION GIVEN TO THB NEOOTIATION OF
BAILBOAD SECURITIES
Financial.
A. C. Kaufman,BANKER,
AND DEALER IN SOUTHERN SECURITIES,
CHARLESTON, 8. (C.
^^ Southern Collections receive especial attention
and remitted for promptly at BEST rates of Exchange.
|3»- NOTES, DRAFTS and ACCEPTANCES due
and maturing In this or adjoining States can be con-
centrated at this point with advaatage.
tW All bnalneaa attended to with tdellty and des-
patch.
SOUTTKR & Co.,BANKKRN,
5o. 53 WILLIAM 8TUKET. NliW T01i&.
Lrcalers In Ullla oi Kxcbauge, Oovernments, Bondsfttockfl, Gold, Comin^rcUl Paper, tiitt all Negotiable3ecurlUeH.Interest aiiowpd on DepoalU solij^-i i to StgbtDralt
or Check.Advances made on approved secnrltle*.BpflcUl facilities for nefotlatlne Commerfilal Paper.CoUect'ODS boih Inlaaa and t'oretKU promptly made.Kor<»len a'^'* Oom^xH** lx>an« VAirrvMntp**
Lock.WOOD & Co.,BANKBl:8,
94 BROADWAY.Transact a Uoiieral Biinklus busi-
ness, Inclndine the purchase and kal«
of Government and Stale Kotids. Uull-
road Stocka and Bonds, and other
securlllas, on eunimlsslon.
Gibson, Casanova & Co.BANKERS
^0. 50 EXCHANGE PLACK.
STOCKS, BONDS, OOVBIINMENT RKCUKlTIKb,KOBKlON KXCHANOE and GOLD bonxht and solil
on tlio most lavoralile terms.INTKUKST allowed on rtepostts eltber In ( orroncy
or liold.subfect to check at sight, the saa.eas»itbthe (Mty Banks.ADV.\NCK8 'nade or. alt ni«rket»ble securlti*.CKUTIKU'ATKS ol Depotit Issued beHrliii: tti'ere^t
<J()l.LKT!llN» mldp at all points ol Uio I'MILtl
td Bl'.lTlSll I'liOV'lNCES.
W» «. OTLBT. BDWARD X. DOWRN.
Charles G, Johnsen,oonmssioN jsbbohant,
Lock Box 384. Neiv OrleansWUl parchaM
SXCHANOE, COTTON, XTO.rartlcnlar atuntlaa (iTtn to BssslTlag al4| roc
#ardiiiLg Ralla.
Utley & BOWEN,BANKEliS AND BROKERS,
No. 4 WALL STREET, New York.
Orders for Governments, Gold and Stocks execu-
ted at the usual rates of commission.
Interest allowed on daily balances, and subject
to draft at sight.
Especial Attention slven to Invest-ment Sccarltlea.State, City and Railroad Loans Ne-
Kotlated.
William T. Meredith & Co.,
No.M KZCHAKGB PLACE, NEW TORK,
Dealers InRAILROAD «c nCNICIPAL BONDS.
Stocks and Securities Bought and Sold.at the New York Slock Exchange.
U}A}iSASD PAPER NBOOTIATBD-tMTKRESTALLOWED 05 UEPUSIfS.
roreign Fzchange.
James W. Tucker & Co.,, BANKERS,3 Sc i RUE SCRIBE, PARIS.
Issue Travelers Credits available In all parU of lbs
world.
Correspondents In this City,
MORTON. BLISS * CO.. W BROAD 8TKEBT,
W. B. Shattuck & Co.,BANKERS.
No. tt3 Nassau Street, New Tork,DRAW SIUUT AND TIME BaL3
ox TBSUNION BANK OF LONDON
A.VD
NKOOTLATE FIRST-CLASS RAILROAD ASDMUNICIPAL BONDS.
Duncan, Sherman & Co.,No. 1 1 Nassau St., New York Cltrt
ISSUE CIRCI'LAI! VOTE.S AND ClUrtJI.AItl.etrers of Credit avallaMtt and payable In all ti.e
PRINCIPAL I IT'K-IOI' THK WORLD: .'Isj specialcredits for use In the United States, tJanada and WestIndies.
Telccrsphfc Transfers of Money to and from Loadon, Paris, San Francisco, lU\atia,Ae.
Current Accounts received on snch tenoa as may b«agreed upon.
Brown Brothers & Co.,NO. £9 WALL STREET,
isauB
Commercial and Travelers Credlta
.\vallable In all parts ot the world.
Morton, Bliss& Co.,
Bankers, 30 Broad St., N. Y.
Issue Circular Notes and Letters of
Credit for Travelers ; also Commer-cial Credits available in all parts of
the World.
Negotiate First-Class Railway, Ci^and State Loans; Make Telegraphic
Transfers of Money ; Allow Interest
on Deposits, and draw Exchange on
Morton, Rose & Co., London.
HOTTINGUER & Co., - - PaRIS.
Hope & Co., - - - Amsterdam.
John Munror & Co.,BANKKIB.
No. 8 WaU StrMl, New Tork,
ssne Clicolar Letters of Cradit (or Tr«v«Il«r«as
CONSOLIDATED BANK. LONDONAND ON
MDNlaOB * CO., PARIS.
KXCHANOB ON LOSIVUM AMD PAKW.
578 THE CHRONICLE. [May 4, 1872.
Toreign Exchange-
Walker, Andrews & Co.,14 "Wall Street, New York.
Andrews & Co., Paris.
TRAVEI-ERS' CREDITS,CIECULAB NOTES AND STEIiLINtt EXCHANCE
On Union Bank of I,ondon.
Commercial and Travelers' Credits and Franc Ex-
''ffiway rn^d*o?l.er LOANS negotiated. Stocks and
bonds dealt In on Commission.Interest on deposits.
S. G. & G. C. Ward,AOENTe POB
ttARINO BROTHERS & COITIPAili.
eUWALL STREET, NEW YORK,•IR CT4TR STRE>yr. BOSTON.
Agency of
BAN K
Financial,
THENORTHOF BRITISH
A ni E R I O A ,
48 Wall Street.
Commercial Credits issued for use lo Knrope,Chlii»«
Japan, Jlie East and West Indies, and South Agier(ca
also Circular Letters of Credit for Travelers availa-
ble la all parts of the World.Demand and Time Dills of Exchange, payable in
London and elsewhere bought and sold at current
rates, also cable Transfers. ,,,..,Demand Dralta on Scotland and Ireland, also on
Canada, British Columbia and Saii Francisco. Bills
eollected, and other Banlilns business transacted.JOHN I'ATON, (.rents
Bowles Brothers & Co.,PARIS, I.ONDON, BOSTON.
19 WnjilAM 8TKEET, S. V.,
IsauK
Credits for Travelers In Europ<>,
Bichange on Paris and the 0nlon Bank «1 London, In
aums to suit.
Snbscrlptlon agents for the CHEomoLS In Paris.
NOTICE TO CAPITALISTS.
Sale of City of ColumbiaSEVEN PER CENT BONBS.
Office City TFEAsrBKR,COLUKBIA, S. C, April 3, 1678.
PURSUANT TO AUTHOKITT DELEGATED BVfollowing resolution, adopted by City Council March
26, 1873, 1 will sell at public auction, on WEDNESDAY,May 15, 1S72, TWO HUNDRED AND FIFTY THOU-SAND ($250,000) DOLLARS City of Columbia Seven
Per Cent Twenty Year Bonds
;
" Resolved, That the City Treasurer be Instructed to
advertise for sale before the Court House In the City
of Columbia, on the 15th day of May next, the bonds
of the City of Columbia authorized to be Issued by tlie
said city, under the Act of the General Assembly Just
adjourned ; that the advertisement be pnltlished In one
newspaper in the City of Columbia, one in tlie City of
Charleston, and two newspapers In the City of NewYork, at least thirty days before the day of sale ; that
the bonds to be sold be signed as prescribed by the said
Act. on the day of sale, or as soon thereafter as practi-
cable, and delivered to the purchaser as soon as the
purchase money has been paid and the bonds register-
ed ; and that the proceeds of sale be applied strict-
ly In conformity with the said Act and In no other way."
Said bonds will be of the denominations of $250, $500
and $l,Ot)0. The proceeds of the sale to be nsed for the
erection of new City Hall, new Market and other
public improvements.
The right Is rescned to dispose of a part of the said
bonds in lots or In whole, as the Mayor and Treasurer
may determine.
Any further information deaired can be obtained by
addressing
Wm. J. ETTER,City Treasurer. Columbia. S. C.
Dividend ISiotices.
City of Nbw York. Depaetmen-t of Finance, i
Comptkoller'9 Office, .March 21, 18TC. »
TNTERESTON CITY STOCKS.—THEInterest on the Bonds and Stocks of the City and
County of New York, due May 1, 1872, will ba paid on
that day by the Chamberlain, at his office In the NewCourt House.
The transfer books will be closed from March 25 to
May 1, 1ST;.
ANDREW H. GREEN, Comptroller.
"I^EW ITORK STATE IiOAN ANDTRUST CO., No. 119 Broadway, April 15, 18T2.-
Ine Board of Trustees of this Company have declared
a dividend of FOUR PER CENT, payable on and after
Mayl. F. N. LAWRENCE,Secretary.
NEW YORK AND BOSTON RAIL-ROAD COMPANY.
Coupons of the first mortgage seven per cent gold
bonds of tlie New York and Boston Railroad Com-
pany, due May 1, 1879, will be payable on and after
that date at ofllcc of said Company, No. 239 Broadway,
New York.
A. MoKINNEY, Treasurer.
New York, April 25, 1872.
Offioeofthe Chesapeake & Ohio Railroad 1
Company, No. 54 William st., \Sew York. April 18, isrj. \THE COUPONS AND UEtilSTEREDA Interest of the FIRST MORTGAGE SIX PERCent bonus of the Chesapeake and ohio-RAILROAD COMPANY, due May 1. 1S72. will be ualdi
on and afler tliut date, al tlie olllce of Messrs, Klsk &Hatch, No. 5 Nassau St., New York.Schedules of twenty or more coupons nwy be pro-
sentPd on and nfter tlie 20th instant for which checks
William s&GuioN,U3 Wall Street, New Vork.
I'KAVELLEltS and COMMERCIAL CREDITSISSUED, available In all parts of Europe, ftc. BILLSOF EXCHANGE drawn In sums to suit purchasers
•ISO Cable transl'ers.
Country Bankers can be supplied with Bills 01 nx-uua.iKCin large or small anjoiints, on the principal
cities of Knrone, also wiih Tickets lor Passaire lYom,
or to, Europe, bv the GUION LINK ol Mall Stearaers.
ADVANCTtii SIADB UPON CONSIGNMENTS OFCOTTON, and other Produce to Ourselves or Cor-
respondents.
Alex. S. Petric & Co.. Gnton tc Co.London. Ltverpool,
Tapscott, Bros. & Co.86 SOUTH STREET, NEW YORK.
Issue Sterling Exchange and demand notes In sumsto suit purchasers, payai)!.- 1 all laiis.ii (ire>t iirll.i.iu
and Ireland, and available lor tha Continent ol
Europe on^ilessrs PllE8COTT.Oi?f>TR &C0., Bankers, London,
\V. TAPSCOTT & CO., Old Hiill, Liverpool.
Orders lor Governmen' Bonds, -tocka andMerchan-«Hi executed, and Foreign Kxchauge and Dralta
t>ought.
Tj^jillP? ^. Shipherd & Co.,BANKERS,
NEW YORK, 24 Pine Street,
CHICAGO, 164 22nd Street,
,»V A^jK P O RT - O N TH E-m A I N
,
".
' Blcber Gasse, 13.
Having now established our own house in GF3-MANT, with nnsurpaased Connections throughout
lluror*, w» shall make a Leading Specialty of the
negotiation of First-class
I.ARGE I.OANS."Terms upon application.
NOTICE TO DEALERSIN
Missouri Local Bonds.
ALL PERSONS INTERESTED ARE HEREBYuotiaed that no konils Issued by any County, City or
Town of Missouri after March 80, 18W, will bo valid
until registered In the office of the State Auditor,
Provision has been made by law for the registration
and payment of the interest of such bonds by the
State, and all bonds Issued prior to the above date can
only become entitled to the benefits of such registra-
tion and payment by being funded hi new bonds.
DAN. in. DRAPER,State Auditor of Missouri.
Jefferson City, »Io. lilarch 30, 1872.
will be ready May I.
The transfer books for bonds. registered coupons
Money
Taussig, Fisher & Co.,;bankek8.
No. 32 Broad Street, New York.
Taussig, Gempp 8c Co.,BANKERS, ;
ri'aS North Third St., St. Louis, Mo.'" Gempp & Taussig,
BAN8ER3,
2t Jnutfaoil St., Fraukfort On jaatos
LoanedON REAL ESTATE SECURITY.
JOHN J. mcKINNON,ATTORNEY AND COUNSELLOR,
Sherman House, Chicago, Illinois.
The undersigned begs leave to advise his friends that
he is pri-pared to make loans AT THE HIGHESTR.\TES OF INTEREST on Ilrsl-dass real estatesecurl-
ty. In the City of Ciiicago, and on farming lands andotlier real property In the State of Illinois.
JOHN J. McKlNNON.References—Win. I. Peake, Esq.. (of Peake, Op-
dycke & Co..) N. Y. City ; Messrs. J. II. & C. M. Good-sell, N. Y. City ; Wilder Busli, Esq., Northboro', Mass.;
Geo. W. Clai)p, Esq., 91 Pearl St., Boston, Mass.; Hon.C. B. Farwetl, Cliicago, 111.; Hon. C. Beckwith, Chicago111., late Judge Supreme C'oun, 111.; Hon. L. B. OtisChicago, III.; Wm. M. Derby, Esq., C:hlcago, III.
COMMON FUNDSCRIP.
BOUGHT and SOLD by all Bankers, Brokers and
Money Dealers In the United States and Europe. Cir-
culars may be had at the Offices : London, 34 Clement's
Lane ; Paris, 16 Place Yendome ; New York, 35 Wall
street.
RICHARD HENRY MILLS,
Secretary.
(\FFICE OP THE ATLANTIC AND
GREAT WESTERN RAILROAD . COMPANYNo. 9 Nassau street. New York, April 15th, 1872.—On
and after the 20th Inst., this Company will be prepared
to Issue Its new first and second mortgage bonds In
e.\change for Messrs. Duncan, Sherman & Co. '8 certifi-
cates of similar bonds of the old Company, deposited
with them under the official scheme of reorganization,
dtteil May 18th, 1S70,
JAMES B, HODGSKIN,
Treiiweri
detached, will be clOBe<I April ^and reopened May 2.
C.P. HUNTINGTON, President.
Th» Ambrtoaw ExrRANi»E National B.vnk,\
New York, April 19, 1S72 f
DIVIDEND OF FOrR PER CENT'
of this Bank, payable on and after May 1,
The Transfer Books will be closcel ftioBi this date-
and reopen on the 3d of Majv '' 1 -' '
E. WILLSON, Cashier.
t^- 12 PINE STREET,NEW YORK, April 15, 1»!2
The QU.\RTERLY GOLD COUPON maturlse May
1 on the First .Mortgage Eight Per Cent Gold Sinking
Fnnd Bonds of the LOGANSPORT, CRAWFORDS
VILLE AND SOUTHWESTERN RAILWAY of In.
dlana. will be paid on and after that date at our office
JONES & SCHUYLER,
Financial Agents of the Company.
Publication.
Chicago Railway Review
The REVIEW is an Eight-page, -IScoUimn Jour-
nal of News and Opinion, eleiantly printed andcovering the entire ground of railway and related
interests, as la aeon in the
Table of Contents for th* IVeek end-lug April 27th
:
Editorial*.- Omaha and St, Loui«; The Pro-
phetic .\rl8 : Fools" Rights; Prcseni Slate of the
Suez Canal; St. Louis and Central Iowa; Central
Bi'anch, Union Pacific E-ttension ; Boslou. Hart-
ford and Erie ; Gambling, and Gambling; Orleans
and Rouen (Europe) Railway : Railways of NewJersey: Railway Amalgamation in England; \ er-
mont'Oentral in New 'iork.
minor Editorial*.—Chicago, Riverside andPacific Railwav; Maine Pine Supply; The JoyRoade • St. Loiiia and Old Fogvism ; i^end in South-
western Kansas; Michigan Peninsular Projects;
Pennsylvania and Perth Amboy Railway Set-to ;
Chicago and Evanstou and Chicago ; Lake Viewand Kvanston Rivalry ; Central Construction Com-nany of New York Proposals; The "Great
Eastern" and the Atlantic Cables; "Gotham's"Travelinw Sidewalk ; A Scheme to Rol) a Railway.
MlncellaneouB.—.^sia Minor to India; Ad-
vertising Agents' Association ; Master Mechanics'
Association; etc., etc., „„ . ,The Ne«'». -Fresh news from 88 operated
and 24 new Roads in 25 States; Literary Notices;
\ resume of the Centent.s of Leading Scientific
jonmnis- Navigation; Cities and Railways ; Rail-
way Supplies; Lands and Settlement; Bridges;
Canals • A New C'bni)ter of Erie ; Law and Legis-
lation ; Practical Engineering ; Telegraphs ; Finan-
cial Matters ; Inventions and Improvements ; Topics
of thePress, etc., etc, etc.
Subscription price, $3 per year ; spcclraeus on
application. Address
THE RAILWAY REVIEW,S, C. Brooks, ) Chicago, III.
A, B SwBani I
.'TMay 4, 187^.J THE CHRONICLE 679
Boston Bankers.
Parker & Cobb,UANKBRS, M l>li VO.VSII lUK BTRKBT,
BOSTON,Biijrand aoll Wentoru <;l(]r and Conn-ty bouda.
FOOTE & I'^RFNCH,UWtLUHS,
No. 7 ConKrenii Street, BOSTON.DuakTi In Uov<*riitiitint Scccriltet, OolU, StKtt,
Couuty *Ba City I'ouilii, hI-o
McCulloch
\ « LET-
avaHttblu iu all paiU of Kuiope.
Brewster, Sweet & Co.,
BANKERi»,
BOSTON.DEALERS lU UOVERNMSNT SECURITIES,
aold, SUte, City, Couutr and RtllroaJ Bondj.
Page, Richardson & Co.,n,VNKEKS,
70 State Street, Koaton.BI of Exclianxe, ami UoiuiuurcliU and Trnvclen
Crodlu ISHued ou
VUe CltT Hauk, 1
AHD S LONDON.Rabert Buuaon & Co., )
illuuroe & Co. I
AMD >I*ARI8.ITIaroaard, Aiidre A. Co,,)
Uircalar Notes avaDaltle lor Travelers Id all parts olEurope anit the Kast.
fiiilidelDhia Banlzers.
BEJamisokSlCo.BANKEKS.
PHII.ADEI«PHIA.TraiffactA tfenenil B:iDkin< ana Exchanf^ebiulneil
ncladlii^ Purciiase aad :iale of StouKs, Uoads, GoldBto. on Connmisalon.
E. W. Clark & Co.,BANKERS,
PhllndoJphIa and Dnlnth.DEALERS IN OOVBiUOfK.VT SECURITIES.
Sioc^ Note, and Gold Brokers.IVTBRK9T Al.LOWKn OS DEPOSITS.
Austin & Oberge,No. SIS WAUnjT STREET,
Philadelphia.
lOOnBUSSION STOCK BROKERS.J. aXLL ArsTIV. CHARLKa H. OBERGE.
Western Bankers.
GiLMORE, DUNLAP & Co.,108 * 110 Weat Foorth siroat,
CINCINNATI, OHIO.|D«Uenla GOLD, SILVER and all klndf of
SOVERNrflENT BONDS.COLLECTIONS ISADB stall seeMalble
polDta and remitted lor ob day ol payment.
CHECKS ON LONDON AND PARISVORBAJ^S
John H. Daniels,BANKER,
WllmlnKton, WIIIJ Connty, IlllnoU.
Collections riT,
Money loaned f'
'
percent lut^reiii.
Milted at Current rates.: :mproT«4 farms at tanii-annually.
;KKrKKK.\CES:c Nat. Pank, S. Y. | B mk of Anbnm, H. Y.Atlai
Wat. B'lt-of Vernnn. N. VCayugaC -
ftnti-Sav'ts lniit.,Chlc'ico-..St.Lools
Morton, Ga, vj/ilt 6c Co.,BANKERS,
150 W«»t Main Street, l^oulsTllIe, Ky_ deslen InForelcB aad Donnanc Excliante, OoTemmant Bondsand all Local Securities. Glr* prompt attention ta—'—"—I aad orders fo ovMtBtDt ot nuids.
Southern Bankers.
Savannah Bank & Trust
Company,SAVANNAH, OEOBOIA.
Pald-Vp Capital, . . ^1,000,000
INCOIIPORATKD rVDKU STATK cnAIJTER.'inpaidi,;i.!nt.
"•ridacaabr i-umfiiiriucii ill Hurt (iwutl Wliri jtr'.Ml ;iil\ Ulllaye. '
STATU OV ALABAMA. f
The City BankOF SELMA.
Capital - - '• • . •100,00sJ AS. ISBELL, of Talladaira, Prastdanl.
WM. P. ABM.STIiONU, Cashier.JNo. W. LOVE, Assistant Cashier.
H.T.Gorrespandent—Importars and Traders NationalBauk.
Wm. Fowukb. k. II. SoxnsaTiu.1.
Fowler & Sommerville,BANKERS A BROKERS,
HONTOUMKKY, ALA,'Special attention fclvan to purchase of Cotton.
CHA8. J. jKNKlirs, T. p. BRAWOH. JOS. S. BIUIPres't. Vloe-Pre»'t. Casli'r.
Merchants & PlantersNATIONAL BANK,
AUGUSTA, OA.
Cash Capital, ...... $300,000Special attention paid to Collection*.
Edward C. Anderson, Jr*
BANKER, FACTOR AND
Commission Merchant,SrTmnnataf Ga.
Special attention gXvea to conaficnmente of Cotton.Gold, Stocks, Bonds and Koreixn and Domestic
Itzchanfie, hau'^ht and 80\j^Collecilons promptly remitted forOrders solicited (or tlic purchase oc btkles of Produce
and SernrltluR. Prompt attentioD firnaraoteed.Kew York Oorrespondenta : Lawbbnok Bros.A
J.W. Wheatley & Co.,
BANKERS AND BROKERS,AKIERICITS. OA.
Do a general banking: baslncss. Cotton purchasedon order. Collections made and promptly remittedlor.New York Correspondents — Uetars. Wm. Bryce
*Co.
E. B. Boaanss, Prest. A, K. Walkse. Cashier.
First National Bank,UriLniNOTON, N. C.
Collections made on all parts of the United States.
H. Castleman,STOCK AND BOND BROKER ;
Colnmbns, —— GeorKta.MIROAD SECCRITIKS OTMA A SpaciAiTT. Promstno.s'», both in Columbos
aiiu pt>iius 111 •'•Miii,i<'i)>'ii. Win pnrcbai^dorsell sUplearticles of Mercliaiiuuc iu
'"' ' ' '
. WlUtlfFulIe Ints.
John A. Kliin, C. C. Flowsbrxs. Uso. M. KlbiiPresident. Vice-President. Casbler.
Mississippi Valley Bank,A BANK OF DISCOUNT AND DEPOSIT,
VICKSBtJRG, miss.H. T. Correspondent:—Bank of tlia Maobattan fo.
OBO. 1» HOLHBS. ALBZ. MACBXTH.
Holmes & Macbeth,STOCK AND BOND BROKERS,
CHARLESTON, S.C.Ktrbox 44.
Second National Bank,TITUSVILLB, PBNN.,
Capital ..... SSOO.OOODepoeltsd with V. S. Treasurer 10 secure ClroulatlOD
andDeposlu 90ll>lt.
N«w OrlMBS Oardf.
TUB
Mutual National Bank,OF
NEW ORLEANS.P. KOlrRCHV.Pri-.l.lrnt,
ALBERT IIAI.I' , „|,
Capital. .$500,0l)i> 1 ii »«».Strict attention (In 1
I of the t
•adna-In othpr parts
ccpt sueb as may l>e a< r . , ,
Detama pruiapll)' made at Uic current rales of Kichange of the day.
N. O. National Bank
NEW ORLEANS, LOUISIANA.JESSE K. BELL, Prealdeat.
JAS. N. BEADLES, Vle4-PrMMsal.RICHARD JONES, Cashier.
Particular attention glren to CollMtfoaa, both lathe City and all points In connection with It. Promptreturns made at nest rates of KxchanRe and no ctiargemade, excepting that actually paid upon any dlswitpoint. Corrt'Spondcnce solicited.
Nsw YOBK CoavzapoyikBirr,
NINTH NATIONAL BANK.
Financial.
DESIRABLE
Home Securities.
FIRST MORTOAOB
SEVEN »BR CENT GOLD BONDS
OF THE
WALKILL VALLEYRadway Company.
OFFERED FOR SALE AT
NINETY.TWO AND A HALFAND ACCRUBO INTEREST, IN CURBENCT
BY
niEAD A CLARK, Financial Agenta^
141 Broadway, NEW YORK,AND
BRASTVS F. MEAD, Banker'340 Third Avenne,
Corner of TTenty-Flfth Street. NEW YORK.
Thomas Denny & Co.,
39 Wall Street,
BANKERS AND BROKERS,
OFFER FOR S.\LE
:
BelleTllle and Southern Illinois 1st .\(or>i;:ii;,> 3 ftr
Cent Onaranteed Bonds at 96 and .
St. Lonla. Alton ft Tcrre ITsale iftPi: . „. .'.,., ;,!a(e
Bqilpaent Bonds at M aad Intersst.
PaclOc, of Missouri, 2d Mortgage 7 Per Cent
free of Uoremment tax, atM aad laiflreal.
Indianapolis, Bloomlngton anH '^
8 Per Cent Bonds, free of i
and Intereit
.
Mortgage
tax. at W
C. ETSB, Cashier, CHAB. Bn» rrssl.
Baldwin 8c Kimball,BANKERS AM) STOCK BlinKtK-i.
14 W.%LL STREET, NKW YORK.Intereat Allowed on Depostta.
1 T. a. BAirwiK, •. a. siaaau.Member N. Y. Stock and Gold Exrhaog*.
rkflO WAWTBB l^)R FTVK TRAR8,yA'U oa Boad n*Mmtmm»l» laifcas
CsrhersthalsgallalsrtatlalOper ceat>,oa aalawi**'
ad lands, aaar UM Bhwk C«sl i«(too. vwtk 4fyt, ft*snai,aa4r^ilAymer«asiarlB'niae. *
Apply to O. B. RIPLET,
$10.1
580 THE CHRONICLE. [May 4, 1872
Finanoia].
SAFE&PROFITABLE
The Canada Southern
First inortKage Slnklue Fund 30
Years
7 Per Cent. Gold Bonds
[AT
90 AND ACCRUED INTEREST.
p-.----'::::, [-
Tbe Road runs from Buffalo to tlie
Detroit River, and la the Bastern
link In the new AIR I.IIVE FROMBTTFFALO TO CHICAGO, and has
been under constractlon for about
tnro years past by railroad men whohave seen the necessity for a STEELRAII., LOW GRADE SHORT ROUTEbetween the great railroad systems
which diverge from Chicago, Toledo
and Buffalo.
Among the builders of the road, by whose cash
subscriptions S20 mUes (out of 290) have already
been graded, bridged and made ready for the supcr-
stmctnre, a large part of the steel rails bought, all
of the materials for the stations, and a part of the
equipment purchased, are
:
MILTON COUBTHIGHT, JOHN P. TRACT,
DAVID D0W8, WM. L. SCOTT, HENRY PAHN-
HAM, R. A. FORSYTH, HENRY H. PORTER,
JOHN M. BURKE, M. L. SYKES Jr., B. P.
ALLEN, all directors either in the Chicago and
Northwest, or the Chicago, Rock Island and Pacific
;
GEO. OPDYKE, of the Midland Road ; JOHN B.
ALLEN, SIDNEY DILLON, DANIEL DREW,
/. S. CASEMENT, J. & J. CASEY, O. S. CHAP-
MAN, JOHN ROSS, DAVID STEWART, and F.
H. WINSTON.
The Road will be
33 OTILES SHORTER THAIV ANYOTHER ROAD,
either BIJILT or In contemplation,
between Buffalo and Chicago, andwill also shorten the distance betweenToledo and Buffalo twenty-threemiles.
THE MAXIMCm GRADE on the
entire line does not exceed FIFTEENFEET to the mile—and Nlnety-Slx percent, of the road IS STRAIGHT.THE ROAD WILL BE COmPLET-
ED and In rnnuluK order on or before
December 31 of this year.
The principal and Inteiest of the bonds are
payable either in New York, London or Frankfort.
We confidently recommend the bonds to all
classes of investors.
LEONARD, SHELDON dc FOSTER,"
No. 10 W^all Street.
Financial.
An Undoubted Security.
PAYING 60 PER CENT IHOREINCOME
THAN GOVERNMENT BONDS,AND 9X PER CENT ON THE INVESTMENT.First mortgage Sinking Fund Gold
BondsOF THE
LOGANSPORT, CRATVFORDSVILLEAND SOUTHWESTERN RAIL-
WAY OF INDIANA.THEY BEAR
Eight Per Cent. Gold.Interest payable quarterly In New York, free of
Governmeut ta.\, and are Coupon and lieglstered.Price, 95 and accrued Interest. Further and full par-ticulars with Pamphlets and Maps, furnished by us onpersonal or written application.
JONES & SCHUYLER.No. 12 Pine Street, N. Y.
FINANCIAL AGENTS OF THE COMPANY.
The Bank of California,
COR. CALIFORNIA & SAN80ME 8TS.,
SAN FRANCISCO.
Financial.
Over Ten Per Cent.
Net Earnings.
All Taxes Paid.
Capital Pald-ITp $5,000,000
D. O. MILLS, President. W. C. RALSTON, Cashier.
AGENTS.IN NEW YORK, MisSBS. LEES & WALLER,
No. 33 PINK SHEET,
IN LONDON, THE ORIENTAL BANK CORPORA-TION, 40 TH8EADNEEDLE STREET,
IN PARIS, Messrs. MARCDARD, ANDRE & CO.
This Bank issnes Letters of Credit available for the
purchase of Merchandise In the East Indies, Chins,
Japan, Australia, and other countries, authorizing bills
on the ORIENTALBANK CORPORATION, LONDON.
EXCHANGE FOR SALE ON THEATLANTIC CITIES,
London, Dablhi, Paris,Amsterdam, Hamburg, Bremen,
and other leading European cities.
ALSO, ON
The Branches of tbe Oriental Bankat Hong Kong, and other Asiatic
Ports.
Houston & Texas Cen-tral Railway Co.'s
First mortgage Land Grant SinkingFund
7 Per Cent Gold Bonds,AT
90 AND ACCRUED INTEREST IN CUBEENCY,
Yielding About Nine Per Cent on theInvestment.
WILLIAM E. DODGE, of New York, President.SHEPHIKD KNAPP and WILLIAM WALTER
PHELPS, Trustees for Bondholders.Principal and Interest payable In Gold at the National
City Bank, New York. We confidently assure Investorsthat these bonds are first-class. In every rt-Buect andwe recoinmeud them as an entirely safe investn'ientAll securities taken at Board prices In e.icclianee Cir-culars and Information may be obtained at our olfico.
JOHN J. CISCO & SON,No. 59 WaU St., New York.
John Pondir,BROKER
IB Government Bonds, Exchange.Gold and Stocks^ *~No. 44 EXCHANGE PLACE.
Particular attention given to the neirotlatinn mKMlway and other Corporate Loans."^''"""O'' <>'
Onion and CButral Pnolfic Bonds and Stocks ssp».
Connecticut Valley R. R.First mortgage, 7 Per Cent Bonds,
free of all Taxes In Connecticut, and free of IncomeTax everywhere. Road finished and running, andalready earnhig expenses. Interest and over 10 per cenon Its stock. Full Paid Stock, and a Limited Mortgage.
Price, 95 and Interest.
WE RECOMMEND THEM STRONGLY,
ALLEN, STEPHENS Sc CO., Bankers,K PINE STREET., N. Y.
OFFICE OF
U. S. Assistant Treasurer,Nsw York, April 29, 1ST3.
DURING THE MONTH OF MAY, ISTi. I SHALLby order, receive bids for Gold, and ofiers of Bonds, ti
follows
;
BIDS FOR GOLD.Thitrsday, May 2—Two Millions.
Thursday, May 9—Two Millions.
Thursday, May 16—Two Millions.
Thursday, Way 23—Two Millions.
. Thursday, May 30—Two Millions.
OFFERS OF BONDS.Wkdnrsday, May 1 -Two Millions.
Wkdnrsday, May 8—Two Millions.
Wednrsday, May 15—Two Millions.
Wednesday-, May 22—Two Millions.
Wednesday, May 29—Two Millions.
A certified check for Five per cent of bid or o fie rmust be deposited therewith. Proposals will be openedat 12 o'clock, noon, each day specified. The Treasurymay, at Its option, accept offers of bonds or bids for
gold In excess of the amount advertised for.
Printed forms for proposals, with the regulations tobe observed, will be furnished at tlds ofllce.
THOMAS HILLHOUSE,Assistant Treasurer, D. S.
OFFICE OF
U. S. Assistant Treasurer,NEW YORK, May 2, ITO.
IN CONFORMITY WITH INSTRUCTIONS FROMthe Secretary of the Treasury, notice is hereby given
to the holders of 3 Per Cent Temporary Loan Certlfl-
sates. Issued under the Acts of March 2, 1867, and July
36, 1868, that all snch certificates bearing date fromAugust 1, 1868, to August 10, 1868, of the denomlnatlooof ^,000, between the numbers three thousand six ban.dred and seventeen (3,617), and three thousand elgbt
hundred and ten (3,810) Inclusive, and of the denomin-ation of $10,000, between the nmnbers three thousandseven hundred and eighty-one (3,781) and three thou*and nine hundred and fifty-one (3,951) tnclnsive, will bB
paid on presentation at this office, and that from andafter the 30th day of June, 1872, such cerliflcatea wll
cease to bear Interest, and will be no longer available
as a portion of the lawful money reserve of aDTNational Banking Association.
THOMAS HILLHOUSE,Assistant Treasurer, U. 9.
BANKING HOTINB OF
KouNTZE Brothers,12 Wall Street. New York.
nepOBlts received from Banks and Individuals, snb«ct to check at sight, and Interest allowed thereon alFour, PEi; CENT pel annnm.t^ollectlons nisfie throuchout the United States, tbe
Brltlf li Provinces and Kurope.PovprnnipntB Securities bouehr and sord.
SAFE INVESTmENTFOR
Eastern Capital.MONEY LOANED FOR EASTERN PARTIES ON
imPROVED FARMS.Ten per cent Interest (clear from all expenses) pa
wherever desired.
Morris, ?
Illinois,
„.eferencescity In the Vi
E. 8ANFORD,Attorney and Solicitor
References given to prominent persona In anyulon.
xmmHUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL. ]4. SATURDAY. MAY 4, 1872. NO. 358.
CONTef'TS.THB CHRONICLE.
Objections to Ur. BontweirHProenmme
The Alabama Claims DifficultySettled
The Eqnitable Trust Company,the Public and the Legislature
Financial Review of the Uonihof April B84
561
582
583
Current Topics 585The Debt Statement for May. . . 588Changes in the RedeemingAgont» of Xatlonal Banks 586
Latest Monetary and CommercialEnglish News 887
Commercial and UlscellaneousNews 5S8
THB HANKERS' OAZKTTK AND RAILWAY MONITOR.Money Market, Railway Stocks, I National Banks, etc 589
U. S. Securities, (iold Mark('t,|Quotations of Stocks and Bonds 592
Foreign EichanOT, New York : Railway News 593City Banks.PhiladelphiuBanka
|
THE COMMRKCIAL TtMSS.Oommercial Epitome 596 I Groceries 600Ootton 59TlDrTOoodB 602Breadetofls 599 I Prices Current 607
^Che €l)ronicU.Thi CoMMEnciAL AND KiNANCiAL CHRONICLE is isgued On Satur-
day morning, with the latest news up to midnight of Friday.
TBBMS OF SaBSCBIFTIOH-FATABLB IH ADVAUCS.Tan CoaivcRoiAL AH1> Fimanoial CnKONiOLs,floilvered by carriertooityiutsoribers,ana mailed to all others, (ezoloslve of postage,)ForOne Year |10 ooFor Six Mouths 6 00
7A« CHBO^ icLK win b» tent to »vbecritnr» tmtU ordtretl diteonUnved by Utter.fitagt itiOeent* per ytar, and is paid by the rabeeriber nl Me own pott-o/^,moLLkU B. DANA, r WILLIAM B. DANA k 00., Pnbllshars,jOn e. FLOTD, JB. I 79 and 81 William Street, NEW YORK.
Post Omci Box 4.599.
OF" The Publishers cannot be responsible for 'Remittances unless made byDrafts or Poat-Office Money Orders.t9 A neat file for holding corrent numbers of the CBito!nci.E is sold at the
eOce for 50 cents. Volumes bound for subscribers at tl 25. The first andeoond TOlumes of the Chroniclb are wanted by the publishers.
OBJECTIONS TO MR. BIIUIWEIL'S PROCRIMME.
The Treasury programme for this month has given con-
siderable dissatisfaction. It contemplates the sale of 10
millions of gold and the purchase of 10 millions of bond.s.
But as the price of bonds is likely to range above the price
of gold, the anticipation is that a much smaller amount of
bonds will be purchased than is proposed, and that conse-
quently the excess of gold sales will cause a large drain
of greenbacks from the banks into the Sub-Treasury. If
(his anticipation be realized, the m'^ney market in its pres-
•Dl unstable condition could scarcely fail to respond, and
tlie ease which has been ^expected and desired would be
•low to return.
Mr. Boutwell seems to have been actuated in making his
arrann^ements by the belief which was for some days current
here that we were likely to have a large export demand for
eoin, because of the rumored intention of the Bank of Eng-
land to increase its rate cf discount. For the reasons we
gave last week, however, it is doubted whether th<t institu-
tion is in a position to make such an advance, or to sus-
tain it if made. Accordingly, the apprt-henai^n from thig
source has subsided in Wall istreet, and Mr. Boutwell's pro
gramme founded upon it is out of favor.
Still there are a considerable number of persons who
argue that we shall have an active outflow of specie this 8una>
mer to meet the Government interest, and the trade balance
accounts. They found this opinion on the allegation that
there is but little cotton to go forward, and that the export
trade in other products promises to be moderate, while our
specie remittances to Europe during the last nine months
have been comparatively small, and the foreign balances
must have been running heavily against us. These the Bu-
reau of Statistics reports at 42 millions for the first six
months of the fiscal year; and the aggregate interest on our
stocks and bunds held abroad must have greatly increased
the aggrea;ate. Moreover, the Treasury has paid to Eu-
ropean holders of five-twenties, 94 millions of gold, against
75 millions collected from the London Syndicate for the sale
of the new 5 per cent, bonds. There are also in the hands
of foreign holders the further amount of 20 millions of
called bonds of 1862, on which the interest ceased in De-
cember and March. These will soon be presented for re-
demption in coin.
The question how all these combined claims are to b«
met is variously discussed. And one of the results was the
advance of gold yesterday to 1 13^. The weakness of foreign
exchange .seems to indicate, however, that this advance was
in part due to speculative manipulations. And for the prcg
sent the appearance of any considerable gold export seems
to be passing away.
Another error of policy which is charged against Mr.
Boutwell is the calling in of 11,300,000 ot Clearing House
Certificates. The time for this call is certainly unpropitious.
Tiie banks are short of reserves ; and these certificates are
relied on to form a part of it; being, as they are, equivalent
to greenbacks. The notice of this withdrawal, therefore, is
interpreted as a measure of contraction, and is analogous to
the withdrawal of so much legal tender currency. Still, it
is not to take effect till 30lh June, when the reflux of green-
backs from thu country will be at its h>>ight, and when the
withdrawal will, consequently, be the les» perceptible.
Why the notice, contrary to custom, has been given so
early, and why this precise moment has been chosen for the
announcement, when the loan market is excited, and the
clique of tight-money men and their manoeuvres are still
regarded with fear, we are not told. A month hence the
announcement would have been equally timely and less
mischievous.
A third charge against Mr. Boutwell is the '.ncrease in
his currency balance, whi;h is reported May 1 at $14,375,-
199, against *10,431,209 last month. If he carries out his
programme this inontli his balance, it is said, will tocumu-
late to the amount of twenty millions at least. Tiie con-
dition of this currency balance will be watched from day to
day with no small anxiety. To prevent its undue increase
two remedies are proposed. One is for the Secretary to
call 50 millions more of bonds of 1862, held in this ooun-
682 THE CHRONICLE. [May 4, 1872.
try; but this method would be too slow in its operation, as
thirty days notice is required by law. The other is to alter
his programme for the sale of gold for this month, so that no
more gold shall be sold than will cover the purchase of
bonds. Hence if as happened this week, but $700,000 of
bonds can be had at the price limited, the sale of gold also
would be limited to that sum.
Probably the latter of these alternatives is that which
Mr. Boutwell will choose, if it should be needful to make
any new arrangements. But in view of the heavy coin dis-
bursements for interest and on many other accounts, it might
have been much to be preferred, and would have prevented
all embarrassment, if the Treasury sales of gold had been
limited to five millions instead of ten for the month.
THE ALABAMA CLAIMS DIFFICULTY^sWlED.
The conflicting views of Great Britain and the United
States as to the indirect claims under the Alabama treaty
m<iy be almost regarded as satisfactorily adjusted. The
Chronicle, a fortnight ago, proposed a method which til'
then had not been publicly mentioned, or discussed by the
press, for harmonizing the views of the two governments in
regard to this adjustment. Our plan was founded on the
belief that the sole objection of England to allow these
claims to be presented for arbitralion before the Geneva
tribunal was because slie was determined to pay no money
on account of them. We proposed to remove thij objec-
tion by two stipulations ; first that this country shall
waive all demand for pecuniary damages arising out of these
indirect causes; and secondly that these claims shall be dis-
cussed solely with a view to a belter settlement of the prin-
ciples of international law, and of the rights of belligerents
and neutrals. This proposition has been discussed by both
Governments, and has proved as we expected mutually
acceptable. The statements of the London Times a day or
two ago prove this, so far as the British Government is con-
cerned. And as to our own Government there have been
several authentic announcements during the past ten days
of similar purport. The most recent of thfse appeared in a
Washington dispatch on Thursday which gives a semi-
official review of the policy of the Administration in regard
to the treaty. This dispatch has several points of import-
ance. Fiist it states that before and during the negotiation
of the treaty the claims for indirect damages were promi-
nently before the public mind, and required to be presented
to the Geneva Convention to prevent iheir being hereafter
brought up to disturb the harmony of the two nations. Con-
sequently the President adheres to his original intention to
have these claims presented before that august tribunal.
' He has not withdrawn any part of the case. He does not
contemplate any such withdrawal. He has made no pro-
posal for any such withdrawal. In the correspondence whichhas taken place with the British Government on the subject,
the Secretary of State has most strenuously insisted on the
propriety and the right of this Government to present its
own case in its own way, without dictation or suggestion
from the opposite party. He insists that the indirect claims
are properly included in the submission to the Genevatribunal."
The next point is as to the object and purpose of this pre-
sentation of the indirect claims, which has been misrepre-
sented and misunderstood. No money damages are asked
tor'dr can be awarded on account of them. These indirect
claims were included in the American "case," not as were
the claims for property destroyed, accompanied with a de.
mand for payment ; but as a part of the case which the United
States had the right to lay before the tribunal for its equita-
ble consideration. They are contiequently not accompanied
with any money-demand. No pecuniary award is or will be
asked for. The claims are not susceptible of such an
award, and the American Government has always held them
to be " of a different nature, and perhaps of more question-
able legal advisability than Ihose which are called direct
claims."
Such appears from the dispatch to be the general tenor of
the views of our Cabinet, and there is litile reason to doubt
that it substantially represents the correspondence between
the two Governments, or that it offers a basis on which the
whole difficulty may be and perhaps has been set at rest.
Soon a number of questions will arise as to what changes are
needful to be agreed upon as to the rights and obligations of
neutrals and belligerents, and as to proposed reforms of in-
ternational law. These abstract questions ' can offer litile
ground for dispute or ill-feeling ; and will, no doubt, be dis-
cussed in an enlightened, conciliatory spirit on both sides of
the Atlantic.
Obviously, indeed, they involve a very broad, com-
prehensive inquiry, and at present no more than one or two
of the preliminary points have been raised. Others
will suggest themselves hs the controversy advances. Our
Government has wisely determined to begin by selecting
the moat practicable reforms of international law, and has
made them indispensable as a basis for the coming nego-
tiations. The despatch to which we have referred, shows
how far the discussion as to this matter has advanced
:
" Great Britain, by her acts during the war, has put herself in
a position to have the question tried upon her, and the United
States does not think it wise to abandon the question without
either a decision or an agreement and stipulation which will re
lieve the United States in the future, and before incurring the
possible liability which now rests upon Great Britain, from the
presentation of like complaints in case of any omission on their
part to observe their neutral obligations in the event of Great
Britain being belligerent while they are neutral. Should Great
Britain propose to stipulate that, in the event last contemplated,
she will make no complaints or claims against the United States
for any indirect, remote or consequential injuries or losses result-
ing from a failure to observe their neutral duties, the United
States, by accepting the suggestion, would gain an important con-
cession.
" In consideration thereof, the United States might very well
agree to say that they will refrain from pressing for pecuniary
compensation for the indirect claims before the Geneva tribunal,
leaving the tribunal to make such expression of opinion as it
may think proper on that question. The apprehension of Great
Britain of an award in moneyed damages on account of these
claims would thus be relieved, and the United States would dis.
claim asking for any moneyed award which they have not asked
from the tribunal, and which their people do not expect or desire.
If by such agreement the two nations could be brought into ac-
cord on the subject of submission the arbitration could proceed,"
The arrangement, then, as it stands at present between
the two Governments is, that as England is not to be asked
by us for pecuniary damages on account of our indirect
claims, so in any future wars that she may be engaged in,
she shall ask for no indirect and consequential damages
from us in any similar contingencies.
The principle h(re established is so equitable and so
reasonable as to commend itself to the common sense of
every man. It has also a more extensive scope than at
first sight appears. But we repeat thai our people will not
be satisfied if this reform be all that is to be attempted in
the principles of international law as applied to thi duties
of neutrals and belligerents. Something more beneficent,
pacificatory and comprehensive is looked foi\ Prior to our
civil war this country had always been as she will probably
be hereafter, prominent in the advocacy of such reforms
They are, moreover, in harmony with the progressive ^^
spirit of the age. It would seem that the time
is approaching when in llie world's di8j)utes and
Mav 1. 1872] THE CHRONlCti
iiuriiiiiiiouni I'oiiilicts the dread appenl to war shall
be more raro ; )>ccau8a it is loo doHlriictlvp, Hnngiiiimry,
costljr, and riiinnns to bo frequently indula;ed. The tri-
bunals created in the Alabama treaty have Ainclions far
transcending in scope and importance the valuation and
arilhuiotiial rdjustmnnt of. 20 or 25 millions of losses
between two growiiij; coramcrcial high spirited nations, both
of ^hom are too rich to oare innch about such details, andtoo closely linked in commerce and trade to want to go to
war. The hight r work thcs'j tribunals have to do is to
devise and establish ?prae method of arbitraineot which,
makinif future wars between the two high contracting par-
ties all but imj>os»ible, shall sot a beneficent example before
the civilized nations of two hemispheres, and exert antflectual moral inlUience in favor of peace throughout
Christendom.
THE EQliTABLE TRUST COMPANY. THE PI'BLIC AND THE
LEGLSL.ITIRE.
" A burnt child dreads thJB fire" says a trite old adage.
We presume it is on this principle that ever since the
failure of the Ohio Loan and Trust Company in 1857, andthe terrific panic which it caused here and all over the
country, Trust Companies and similar banking ins'.ilutions
have been looked on with some suspicion and distrust; and
new charters for these corporations were almost invariably
refusfd at Albany. Of late there has been less of this
whole-some dread among our legislators; and a multitude of
corporations have been created calling themselves TrustCompanies or by some analogous name ; and exercising
banking powers without the publicity, supervision and other
guarantees for sound management which the law provides
for other institutions that lend and borrow money. Therapid growth of such corporations offers one of the
numerous illustrations of that prevailing expansion of
credits which forms one of the most formidable features of
the financial situation. Public opinion demands that
all such money corporations should be placed under the
most rigid supervision, just as are our National Banks.
Thsir stockholders should be made individually responsible,
their directors and officers should be compelled by law to
make good their engagements both to the public and the
stockholders, and the capital of the companies should be
held as a guarantee by the deposit of National or State
securities with the proper officials at Albany. No Trust
Company or banking institution, under any pretence what-
ever, should be permitted to do business in this metropolis
without such guarantees. Had they been adopted in the
case of the Ohio Life and Trust Company the disasters
which oveTwhelmed thousands and tens of thousands of ourpeople when that rotten institution exploded would either
have been prevented altogether or would have spent their
force within a very narrow area. With an immense paper-
money system—with no solid rock of specie payments under-
lying the vast fabric of our financial machinery it is certain
that every irresponsible corporation which is permitted to
open its doors hero and to organize for the lending and
borrowing of money helps to heap up the combustible ele-
ments which in some monetary crisis may burst forth in an
irrepressible explosion, and sweep the whole country with
the fiery scourge of financial desolation.
We are gratified to see that multitudes of applications
for such charters at Albany have met with less success than
usual. But they are still clamorous ; and as the Legislature
has still a month to sit, their ambitious promoters are san-
guine and hopeful. Let it be understood that the general law
we have indicated shall be passed this session, and not one
of these schemes will suryjve except tliose, If any there be^
5^which the public really wanU, and which p<mmm witliiathemselves iho rcriuisite elements of viullty, perniaiMDMand solid capital.
Against such sound lending institutions a* tbtM, oon-ducted by men of experience, there i. no valid objection.We are at present unwilling to exclude from this claM twoor three of the new schemes which have recently bMolaunched here. Still too little is known as yet of their realbasis and of the guarantees they offer to the public, Terhaf •
the most conspicuous of the number is the Equiuble TruatCompajy, whose prospectus recently sent to us announce*to have opened its books of subacription at the Bank ofCommerce with a very respectable board of trustees. Theyask for one million of capital, on which they promise to
subscribers the handsome dividend of 15 per^cent. the first
year. How these large profits are to be safely earned is
thus explained : First, the company will have little to payfor taxes. It is organized under the laws of Connecticut,
and that State limits its taxes to one per cent, on the stock
of non-resident stockholders, while the stock is not taxable
in any other State. Secondly, this lightly-taxed corpora-
tion proposes to lend its money at high rates on first mort-
gages at the West, and to sell such mortgages at lower
rates here. After paying e.xpenscs, it expects to make a
net profit of 2 per cent, on all the business done. Thia
business it proposes shall for the coming year consist of
three items : 1. The company will lend their own capital of
$;1,000,000 at 9 per cent.; 2, they will sell $2,000,000 of the
mortgage bonds in which it is their specialty to deal
;
3, they will "guarantee" one-half of these bonds, principal
and interest, for an average charge of ^ per cent, a year. Onthese three departments of business the profits of the first
year are set down as follows
:
PEOriTS OP THE rmer tear.
Capital stock, $1,000,C00, invested at 9 per cent. Interest $90,000
$3,000,000 of secnrities sold with average prott on sale, after dedact-ing office and other expenses, 2 per cent. 40,000
Say that one-half of securities sold will have prompt payment of in-
terest and eventual payment of principal guaranteed' by the com-pany, at an average charge of half of one per cent, per annom, aver-age of secnrities run foar years, and whola average g:iiftnuit6e charge3 per cent, on $1,000,000 M,000
Total aiM,000Earnings first year, deducting all expenses, 16 per cent, on capital stock.
In Other words the capital of this concern is to be tl,000,-
000, its deposits $2,000,000, its loans 1.3,000,000 and its
cash reserves nil. The first point, therefore, on which the
public demand information is as to this question of reserves.
Without such resTves, how does the Equitable Trust Com-
pany expect to keep its engagements ? How will it be able
to keep its place among the solid solvent corporations of this
city 1 We do not now undertake to affirm positively that
its solvency cannot be maintained ; but in the interests of the
public, and with a view to the general stability of our finan-
cial system, we have a right to ask how this financial feat is
to be accomplished. Here is a company which, besides
other engagements to twice the amount of its capital, guar-
antee* 11,000,000 of new bonds every year, with the accru-
ing interest ; and promises prompt payment thereof in NewYoik, whether its western debtors pay up or not. And yet
it has no cash reserve to fall back upon in case of failure.
When some inevitable financial crisis comes, either here or
in the West, would the Equitable Company forecloae ita
mortgages i And even in ordinary easy times would not
such foreclosure be too tardy a process for safety in the ab-
sence of all reserve? The Company must give aarly infor-
mation to the public as to iu intentions and plans.
Secondly, there is the question as to the ordinary guaran-
tees of lending institutions. One of these is the liability ci
stockholders. The prospectu* boldly announce* that thw*
is no such liability incurred by stockholder* io-th* Eqaitabie
Trust ^Company. They are encouraged to hop« that they
5Si- THE CHRONICLE. [May 4, 187 2.
can gain 15 per cent by borrowing money at low rates and
lending it at high rates, and yet incur no personal liability.
If as we suppose the charter of the corporation professes to
grant such an exemption, as is often done in such c'larter?,
the Connecticut legislature have no right to enforce ihe
exemption here; and the anomaly should be met by some
adequate provision in the general law which we have recom-
mended. This law should declare that all stockholders in
Trust Companies and lending; instituUors, organizsd or
owned or doing business in this S ate, should be made per-
sonally liable to an amount equal to the par vslue of their
stock, just as is the case with the nafional banks.
The prospectus before us closes with the assurance that
the investments of the company will be safe, because they
are to be based exclusively on first mortgage nf real estate,
and because several well known bu^i^ess men are stock-
holders and trustees for the management of its funds.
These are good reasons, if care be taken as to the locality
and valuation of the real estaie, and if the gentlemen men-
tioned could really be held responsible at law, and could be
relied on for the permanent retention of their places at the
head of the concern. But it is notorious that prominent
men in these days are too reaJy to lend their names to
enterprises of which they know little, and from whose man-
agement they soon retire in disgust. The public have had
too much recent experience of this sort in regard to the
bankrupt insurance companies. To meet the difficulty the
amount of stock actually subscribed and paid for by the
highly-respectable men who are advertised as tru-lees might,
if announced, have been of no s nail servic .
The company will do well to be more frank and coniii.u-
nicative on all these point?, as well as on some others, if it
wishes to gain popular confidence ani! to silence popular
distrust. And meanwhile let Ihe Legislature at Albany
give us without delay a good, comprebensive, general law
for the regulation of all our trust companies and other cor.
porations exercising banking functions and wielding the
innportant power of borrowing and lending money.
It is strongly urged by some that a repeal of the Usury law
would prove an effectual remedy against a lock-up of legal tend-
ers, by bringing a large amount of money into use, at high rates,
which cannot now be used better than 7 per cent. It is not clear,
however, that this would prove a remedy, although the repeal of
the law is quite generally advocated by business men, on other
substantial grounds.
Government securities were depressed for a time by the extremestiingency in money, but advanced rapidly as soon as the loan
market became easier. The demand for bonds appeared to bewell distributed, and the floating supply in this market is not
large, so that with the exception of one or two issues, it is diffi-
cult to purchase round lots of any large amount.PRICES OF QOyBRNMKNT SBCmilTIBS IH APRIL, 1872.
5s •81 fund. 68*81 6s'81 5-208 5-208 6-208 5-208 B-208 6-20s 10-408 10-40S «8Apr. coup. reg. coup. 1862. 1864. 1866. 1866n. 1867. 1868. reg. coup. cur.1 109% 115 115Ji 112« llix 113 .... 108 108K IWS2 115 118 lllX 112J4 108% 115)i3 108X ...
110 115X mu108X ....1083< 115X
FlNANCyi REVIEW OF THE MONTH OF APRIL.
The month opened with one of the closest money markets ever
experienced in this city, and rates paid by stock brokers some-times ranged as high as | of 1 per cent a day, in addition to the
legal interest of 7 per cent per annum. The banks, as in the pre-
vious month, were extreinely poor in their legal tender reserves
and held at the first of the month about $3,000,000 in excess of the
25 per cent legal requirement, and this excess was subsequentlyreduced to the insignificant sum of $892,675, as appeared by their
statement of the 13th of the month.
This low condition of ihe bank reserves was taken advantageof by parties operating for a decline in stocks, to withdraw frombusiness channels about five millions of greenbacks, andby this means to reduce the supply of loanable funds to such anextent aa to embarrass most seriously all those who were carrying
BtiXlks.
The funds so withdrawn were returned about the middle of the
month and the market was subsequently much easier, thoughnaturally attended with irregularity in rates for two weeksafterward.
The interferences with legitimate financial business in every
department, from this " lock-up" of legal tenders, was so great as
to cause more than the usual indignation against the parties en-
gaged in it. The Clearing House Association held au excited
meeting, at which a motion was made to expel the Tenth Na-
tional Bank for supposed complicity in the locking up movement,
as the bank was credited on Friday, April 5, in the sum of $4,-
700,000 for the account of one of its customers, known to be in
the conspiracy. The motion failed, however, and the following
resolution was adopted as a substitute :
Se'Olred. That tlie Cloarini^ House Committee be, and is hereby directed,whenever It appears in its jiuigment that legal tender notes have been with-drawn from use through the agency of any bank, member of this Association,o make an immediate examination of the bank in question, and shouldthere appear to be any complicity on the part of the l>ank or its officers,
to enspend such bank from the Clearing House until action of the Associa-ion Boall be taken thereon.
.... lll>f 1138 1115^1136 lll>i 113 11.3% ...
8 112X 112X 112« lllX 113 113 1089 112X 111X113 113K
10 IIOX 114Ji 112% IISX 115K11 110 .... 115X 112Ji 111% 112% 118 108X t08X ....12 llOJf . .. 116X .... 112Ji 113% 111% 11S% 113%13 115X 112 113 115%15 115 116 114% ...113% .... 108% 109 115X16 lll>i; 115 115% 113« 114 114X 112% 113% 113% 109>i 109)i 115%17 111% 115% ....113% •- -- -114% 112% 113% 108% 115%
111% 113% 112% 114 " 114%111% ....116% .... 113% 114% 113% 114% 114% ....109% ....
111% 115% 116% 1H% 113% 114% 114% 109%111% ... 116% .... 114% 115 .... 114 114% .... 109% 115%111% .... 117% 113% 114% 110 116.... 116% 117% 116 ... 115% 114 114% 115 .... 110% 116%
112% .... 116% .... 115% 116% 114% 115 .... 110% 110% 116%112% 117 118 115% 114% 115% 116 110% 110% 116%
118 115% 116% .... 114% 116% 116 110% 110% ....
117% 116% 114% 116% ....110% ....116%112% .... 118% 116% 114% 115% 115%
Open'g 109% 115 115% 112% 112% 113 111% 113 113,*i 108 108% 115%Higii'st 112% 117 118% 116% 115% 116% 114% 116% 116 110% 110% 116%Lowest 109% 114% 115% 112% 112% 112% 111% 112% 113 108 108% 115%Closing 112% 117 118% 115% 115% 116% 114% 116% 116% 110% 110% 116%
CLOSING PRICES OP CONSOLS AND U. 8. SECURITIES AT LONDON IN APRIL.
Date.I
Consformon.
Monday 11
U.S.5-20,
1862.5-20,110-401867.
j
! Holiday.Tuesday 2 93% 92% i 93% 89%Wednesday.. 3 93% 92% 93% 89%Thursday.... 4
1 92% 92% 935il 89%92%92%92%9254
Friday 5Saturday 6Monday 8Tuesday 9Wednesday.. lo; 92%Thursday 11 9!iy,
Fridav 12l 92%Saturday 13' 92%Monday 161 92%Tuesday 16 92%Wednesday. ..17 92%Thursday... 181 92%
92«| 93%I89%1
92 J<
92%
92% 93%
j90%90%90%90>i;
90%90%
93%:93%
89%
89K93% 89%93« 89%93%
I89%
93%93%
93%
89%89%89%89%
Date.Consformon.
Friday 19Saturday 20Monday 22Tuesday 23Wednesday . . 24Thursday 26Friday. .
Saturday.. ..27
Monday 29Tuesday 30OpeningHighestLowestClosingLowest I Since
IHigh' t. (Jan. 1.
92%92%92%92%92%
,
93%261 93%"" 93%
93%93%93%93%92%93%91%93%
U.S.I5-20, 5-20,
1862.ilc67.
90%90%9090909090%90%90%90%
89%89%89%89%89%
93%93%93%93%93%!9.3%
189%
93% I 89%93%! 89%93%
I
69%9-3%
I
89%_ 93%, 89%
92% 93% 89%90
I93% 89
90%| 93%, 89%90 I 9lk\ 8892% I 94% I 92%
The stock market was feverish and depressed during the early
part of the month by the excessive stringency in the money market. When the exorbitant rates were continued much longer
than had been expected, many of those who had been carrying
stocks tenaciously for some time, became discouraged, and sold out
,
and under this influence, and with no immediate prospect of easier
money, the market declined, and touched about the lowest point
on many stocks on the 11th, when New York Central sold at 96f
,
Lake Shore 94i, Wabash 77i, Northwest 78|, Rock Island llOi,
St. Paul 59i, Ohio and Mississippi 48f, Union Pacific 37, Western
Union 71^, and Pacific Mail 61^. Erie was lowest on the 9th at
61i, as it transpired that the two parties in London had come to -
gether, thus preventing any prospect of a contest for •ontrol at
the next election.
But subsequent to the relaxation in money, stocks became morebuoyant and generally recovered, in whole or in part, from the
previous decline ; some specialties also advanced to higher price*
than had been made before.
The following table will show the opening, highest, lowest andclosing prices of railway and miscellaneous stocks during the
months of March and April, 1873
:
March— s . April.
-
Railroad Stocks— Open. High. Low.Alt. & Terre Haute 26 28 25
do do pref. 60 66 60Albany & Susquehanna .96 96 96Boston, Hartford & Erie 3% 9% 3%Chicago & Alton 117 117% 117
do do prefChicago, Bnrl. & Quincy 137 187 134
do & Northwest'n 76% 84 76%do do pref. 90% 9t> 90%do & Rock Island. 111% 117% 111%
Colnmb., Chic. &lnd. C. 22% 26% 22%Cleve. & Pittsburg 90% 92% 90do Col., Cin. &Ind.. 88% 90% 88
Dubuque & Sioux City.. 74 74 74Del., Lack. & Western.. 106% 112% 105Krie 32% 6.% 32% 62% 62%do preferred 60 83% 60 83 83%
Clos. Open. High,28 . 2566 5596 94%9 9%
117% 117123134«%96%117%2792%91%70109%
13488%96117%26%92%90%7411262%
Low. Clos.25 25 2555 55 6594% 94% 94%10% 8% 9%120% 117 118123 121 121134 132 13385% 78% 80%97% 92% 94%118% 110% 115%41% 26% 40%93% 91% 92%93 89% 9270 70 70109% 108 108%7284%
60%79
68%84%
May 4, 1872.] THE CHRONUJLE..'i66
lUllnwd 8toek»-HarltimHannibal A 8t. JtMepb..
do dQ pr«f.Jollct .6 C'hicazoIlliaols CentralLong UlaodLaktSbo. AHlcb.South
do do icrip.Martetu A Cln., lat, pref
do do Sd do.Memphla Si Charleaton,MIemgaa CentralMilwaukoe k St. Paol .
.
do do pref.Morria A EaaexNew Jersey
do Centraldo do lid Imp. Codo do acrip
N. J. SouthernN. Y. Con. AH.RStoclc
do scripdo AS. Uavon..ao do scrip.
North MlssonriU'.io J^ Mississippi
do do pref.PanamaPitts., K. W. A Chl.guarRome & Watertown ....Keusa. A Saralora 103^St Lonis <fc Iron Moon. . 76Onion Pacillc S4)iTol„ Wub. & We<tem.. 75J<Uiscellaueuus
—
Coosolidatod Coal SBHCumberland Coal & Iron. 8SAmerican Coal 43Maryland Coal SOSpring Moautain Coal.. tSPennsylvania Coal ISOWilkesbarre CoalPaciflc Mail eOHAtlantic MailCanton WfiMariposa )iMariposa pref XQuicksilver 86
do pref 89XWest. Union Telegraph. 69Adams 9i)iAmerican M. Union 69United States 66Wells, Far j;o & Co TSXDel. i Hud. Canal 180Brunswick City Land... 6Manhattan Gas HO 211
-Mardu- -April.Open High. Low. Cloi. Open High Low.
'S?5J
US 108 114X lUX 130 US47 MX 46« 46« 47X 89X
Mii MX M M 67X e7X 6SM «S 98 98
138 188 18t 18S 183 184 18874 74 74 74 7S 79 TS91H 98W tiM 97X ""X 98X 94Xma 94 88H 9ilX »4 94)4 91» tt IS ts 8SX SO S811 U u 11
'sV*I4X35 ii^
lUtX 118X lis 116X 116X 117 USMX 64 66J* 64 64X 64X S9XTJX mu T7H SSX 8SX 8ilU •nti«*fi 96 9SX 96 96X 9%X 94IIM m 1S6 196 196X lS6li 1S6XlllX H8ji 111 113 110 lllX lOSX75 75 75 75 76 76 76lt»« 108X 105 108X '^ 106X 106X18 il7X 18 «X »6 S3XVia lUlH MX lOOX
•S(^MIX 96X
93 96 W)X 94X B4X 91va 14.3 143 143 145 146 146138 18»X 138 189X 188
7138
7SIX
18874ax43X SIX 4SX 61
H
74 78 74 78 78 79 7780 100 80 90 99 113 9098« 99 98X 9«X 9»X 98 9599 99 99 99 96 95 96
10699
41X80
437S
49Xg^S30
103X74X»»X75X
S4«6S
87Xnx«sS90
1059S4179;^
41
X
7540
«X69S30
91 100 MO• 41 49 37
79X 80X 77
6IX 60X 64X
96XIX4
44X5474
99X74X75X78X
ISO
83XXX
35X3769MXm66X7S119
6310
S6XIX343X53X73X97X73
78X78X119X6
311
4275SI
S360
319
47X64XS6X963
8X4353749773rax77119
6X
457531
atx60319
47X
8SX96SX4X44X6677
9»X75X798SX120X9X
4375313)50
319
47X61XS^93IXSX36X48X71X96X73
71X77
119
6X
Clo«.
1S8X4464
184"
73WX91X80
«4X361I»X61X81
96H6X109X76
106X3SX99\98X1461887SOX79113X97Xmm40X77X
43X7.'S
!!l
3455
311
47X76XS396XSXSX43X55X76X9975
77X85
130X
The gold market was without featares of special interest
daring the early part of the month, and the high rates for moneytended to prevent any buoyancy in the price, as gold was too
heavy for carrying. Immediately after the relaxation in money,however, the gold market took an upward turn, and advanced to
113i on the 26th of the month.This upward movement, though resulting immediately from
the operations of a party favoring an advance in gold, was sup-
ported by the idea that there will probably be a very considera-
ble demand for coin to export during the next few months, to
make up our balance of trade with foreign countries. To this
influence was also added the circumstance that the Secretary of
the Treasury cannot make large disbursements of coin by selling
it, without disturbing the money market, unless bonds are pur-
chased to balance the gold sales, and tLe price of bonds was rela-
tively so high in the latter part of the month as to encourage the
expectation that very few bonds would be bought at the equiva-
lent of par in gold for some time to come.
cotntsx or eou> ni aprii,,'187S.
DaU.
Monday lIllOXTuesday i.lWy,Wednesday... 3 110Thursday .... 4 llOX!Friday sluOXSaturday .... 6,110x]Monday 8 lluxiTuesday 9110XWednesday .10 llOiiThursday 11;110XPrlday 13'llOxSaturday 1311104^Monday ISIIOJ^Tut'sdiiy 16 111
Wednesday.. .171inThursday ....IS^IUFriday 19 lUXSaturday aO:lll?iMonday. ... 33llllXToeaday 33|111X
110 llOX109X'llO109X|liaJ<110 llOXUOX UOXllOX UOXllOXlUOXUOX llOXuoxiuoxllOX'lli'XlOXUOXUOXUOJiUOXUOXluxlux
uo«UOKUOXlUXlUXUIHuix111
uuviiuxilU>.'|lll>.
UOX109X!110UOXUOXUOXUOXUOXUOXUOXUOXUOXUOX111
111lUUIXlUlXllUXlUlX
Date.
Wednesday,. 24iThursday.. .25
iFriday 26Saturday 27Monday 39Tneaday 30
Ayr., 1873.1871.1870.1869.
1867..1866..1865..1864..1863..1862.
lux lux inx112X 112X 112X1IJX|112X|118X113 |112X 113112X U2X 1-.3X,112X112X U3X USX USX
USXU2XUSXUSX
UOX 10»XUOX UOXluxliux1.31X I81X188Xil37X133X|133Xissxlissisixii4ax167 166X1.17 1I5X11)2 llUIX
11.3X112XUIXUIX115X11151MXI134X140X 139X141X 13SX139X 135X154X 146X1H4X;178X157XI150X
„, , , . . lOSX'lOSIS'ce Jan. 1. 1872:IOi)sil(iexill3Xlll3X
Foreign exchange was quite dull during all the early part of
the month, but subsequently became strong and advanced to
specie shipping point. The advance from 3 to 4 per cent, in theBank of England rate of discount bad some effect in stiffening
the rates for short sight bills, but the principal cause for thehigher rates was apparently found in the general feeling tliat ex-change would now rule near specie shipping point, unless there
•hould be a large export of United SUtes and other securilleg.
A?.'-
iUOXuo«<uo»<UOX
'(•siL, 1B7S.
Apr. 11...^'
18..•'
19..."SO...
" ss...• S8..." »4..." S6..." S6 ..
" »7..." S9..." 30 ..
MBXaiOgKl«*X< IMHlOtXi ilOtSjoyxi tiovx10*X( llOltX
»X( Awa«0»X( ilOVX
OJX( ^10^. i«X( iia»x. 109XOI09X uoxauoH
VtUf... 109X9109X 10«XaJ10x
CURRENT TOPICS.How THK Bank op Francr Gets Oold.—An intelligent oor-
respondenl referring to the article on " the Price of Gold and theBank of England rate of Discount," quotes our observation that"the Bank of France must have some better method than theBank of England to replenish its gold reaeives, and that it maybe some simple but effective methnd, such as the buying of goldfrom foreign markets." In coiifirraation of this* remark be ob-serves that Mr. R. U. Patterson, from whom we quoted, theauthor of the " Science of Finance," and a high authority in
EuKland, gives sub.stantially the same explanation in his work" The Economy of Capital. • On page 242, in Bhickwood's Loo-don e iition, published in 18(15, Mr. Patterson says :
" It is worthyof notice that in times of crises the Bank of France adopts a dif-
ferent system from that pursued by the Bank of England. TheBank of England seeks to obtain gold by raising its rate of dis-
count, whereby our whole industry is checked and employmentis restricted. The Bank of France, on the other hand, avoidsraising its rate to a similar extent—u refuses to check industry,and subject the community to such a strain ; nevertheless, it ob-tains gold by a process quite as eliicient as that adopted by theBank of England. W'hen the drain upon it is great, it purchasescommercial bills upon other countries, as a trader might do, for.
wards them to be cashed—at London, Vienna, Hamburg andgets the specie ; or it contracts with some great capitalists to dothis for it. The difference between the two methods is that insupplying itself with specie, the one bank gets high rate of dis-
count, and the other gives them. The Bank of England in timssof crisis makes a orofit at the expense and to the detriment ofthe community in order to fortify its position and fulfill it*
engagements. * • » The Bank of France assumes that thoaewho profit by banking and by the issue of notes, should bear theexpenses incidental to banking. • • » The Bank of Englandholds the opposite doctrine ; it takes no steps to obtain specie,
but simply deters its customers (at what cost to the communitywe have shown) from asking for gold or for notes either. Re-ferring to the same statistics which you quote, showing thecomparative fluctuations of coin and bullion, and the rate of in-
terest in the two banks during the panic of 1866, Air. Patterson
remarks, in his " Science of Finance," on page 685, London Edltion, published in 1868, as follows :
'• The logic of these facts is
unanswerable. Here are two great banks, within twelve hoursdistance of one another—one of which holds 21 millions of specie
and lends its currency to the public at 3^ per cent., while the
other has less than 13 millions of specie, and charges 7 per cent.
According to the theories which have so long been held sacred,
such a condition of things ought to have been impossible. Onlya few months before. Baron Rothschild had declared to the
French Government inquiry, that if the Bank of France were at
any time to lend its money at 2 or 3 per cent, below the banks of
other coimtries, it would forthwith be drained of its lastiover.
eign. In spite of this dogmatic thcorisiug, at the beginning of
May, 1866, we beheld the Bank of France charging only half as
much for its loans as the Bank of England, yet no drain at all set
in from the former bank to the latter. Although within a few
hours distance, the specie remained unmoved at Paris, while on
this side of the channel the public waa forced by the bank to pay
7 per cent, instead of the 3j in France. " According to the
80.called established theory, such a position of affairs was ao
impossibility, but here it was. Moreover, what happened
when the terrible crisis began 1 Instead of disappearing, when
the bank screw was still further put on, the difference between
the two neighboring banks only grew greater and greater.
" While the Bank of England charged 10 per cent, for thimmonths, with no result in increasing Its stock of gold, thasfed*
in the Bank of France shot up from 21 to 98^ milliooa sSMlinp,
while its rate of discount was only from S^ to 4 par eanl. In
fact, as is well known, so toully inefflcacious waa the raising
536 THE CHRONICLE. [¥&y 4, 1872 m
of the baiik rate, that specie actually flowed from England to
France, although the rate was 300 per cent, higher in the former
country than in the latter." Without quoting further, I will
remark that the root of the trouble is in the law, which grants
a monopoly to the Bank of issuing bills within 65 miles of Lou-
don, then forbids the directors to use their discretion in issuing
currency as formerly, and establishes an automatic arrangement
to expand its issuing power when not needed, aud contract it as
soon as the general confidence in the ordinary means of exchange
has vanished.
Postal Telegkaphy Again.—The new postal telegraph bill
introduced to the notice of Congress by Mr. Ramsey is, we think,
devised in the hope of popularizing a scheme which has never
found any favor with those who have given the subject careful
and intelligent consideration. In this bill the hook get to catch
the pop^ilar fancy is covered witli the tempting baits of low rates
upon messages, the extension of the telegra])!! system to include
many points not now provided with telegraphic facilities, &c.
To secure these advantages a private company, acting as the
agent and representative of the Government is to be given a
monopoly of the business of telegraphing within the limits of the
United States. This company is to shape its policy of manage-
ment, appoint its clerks, operatives and assistants as the Govern-
ment shall direct—in other words, it is to be a political machine,
through the agency of which the Government will have the dis-
position of a vast amount of political patronage. Such a scheme
is wholly objectionable. Indeed, we do not see how anything
could be said in its favor, for according to our view it would
injure the efficiency of our telegraphic system and deprive the
business community of all assurance of promptneFis and accuracy
in the transmission of messages. Cheap telegraphy is, doubtless,
desirable, and all proper eflbrts to secure it will receive the hearty
co-operation and approval of all classes of the community; but
accuracy and promptness is vastly more important than cheap,
ness, and a government pure and free from political intrigue i.i
more important than either ; hence we think that a largo ma-jority of the people ar(^ and always will be opposed to the passage
of the measure in question or any similar measure.
THE DEBT STATEMIiNT FOR MAY. 1872.
Tlio following is tlio oll'icial statement of tl
as appears from the books ami Tronsiirer's retur;
of business on the last tliiy of April, 1872:Debt boarliia; Interest In Coin.Autlioriz- Wlien
Character of Issue, liijf.'vc'. I'ay'l)lc Uopi'tRr-'d Connon.S>Ofl85S Junel4.'5S....1871 (eit6,045,000 $13,9j.V«)«9ori88l Keb. 8, '61....1SS0 (/)13,735,C);» ),(lsil,(XI(l
•»,OrcgonWar Mar. 2, '61. ...1881 .... (ojiM.'i.lvO
68onSl,July:7andAug. 5. '01 ...1881 f 12.1.174.100 61147,11068, 6-20'», of 18M Feb. 2.i, '62. . . .1882 86,158.200 2J3,9f3,4.'>)
680fl881 Mar. 3, '63 ...1881 " ...........
Ss, :o-409 Mar. 3, 61 ...190168,5-20e, of 1864 Mar.S. '61... .1881
68, 5-208, of 1864 J niie SO, '64. . . . IS-^l/i
68, 5-20S, 1865 Mar. 3. '65....18S5
63,5209, 1865, new. ...Mar. S. '65....:885
6a, 5-208, 1867 Mar, S, '6S.
53,103,.'i50 21.500,45038.357.750 58,20:t,5;0
2,31>7,5U0
35.211.650 3!I.75'..S50
«'i,170,S00 12(l,12S,:i5J
6S.6«),S50 164.450.000"^
,(B0 2J8,vr..3t«.1837I
9J.43S.(Bi
.1888 IS.'lJ.r*
.1881 ll21,'J36,3i
>00 2<i.ft-,l,Sl>l
SM 78,063,650
le public debt,
lis at llio close
Interest Acrii'ilOvrdu". IntiTcai.»27.2:5 («)t3:i:i..S:'3
21,5.11 ((();i«8,SU0
82 (1018,91102.'>l,8;j'(7).3,786.421
<l9d.60J (6)8,3T2,ri98.5,3 ;l («) 1,500.000
817,719 (c)l,''81,394
870 ((/)7I.62515J,K44 (J>i.2!9.(i2o
so7.:i5((i)4.»8,»r;850,770(0)1.51.2.207
1,203.252 ((1,0.419.477145.933 (rj)783.316
S62.352(<(j2,50O,0OO
fis, 5-208, 1868 Mar. 3. '65.
,
58, Funded Loan, 1881. July 14, '70.
Aggregateofdebtbearlnglntcr'tlacolii. 740.892 900 1,062,45 l.SX) 4,224.681 37,.'97,T28
(a) Interest payable Jiin.& .Inly. (6) May «: Kov. (r) M.ircli & Sept., e.xcoiitcoupon8|.50& IIOU paid annually In \*arch. ((0 Feb., Mav, auk. & ^ov. ie.) iieif.
t5,000; coupon fl.OCC. (/) Keg. 1 ,000, f5,000, $10,00(1; coi'ipoii £l,000. ((/) triO. il'o; $.500. (A; li(g. $50, $100, $500, $1,000, $5,000 & $10,000; coupons, $50, $100, $5U) i
Debt Bearing Interest In lianrfiil Money,8 percent Certil-s. ...Acts Mr.rch 2, '67 ami .Jul. 25. 'li,S..Pa)a- I'llncipal.
Die oi^ demand, with interest ( Isi-ued in $5,0( & $10,000) *!3,8 15 000S'9, Navv oenslon.. \ct Iuly2.1, '68.. Int. only anpl'd to pens'na. '
14,000,OiiO4a, Certirs of iiidcbtednesa...4ct July 3,'70..Duo In 1»75 678,000
Aggregate of debt bearing Interest In lawlul money $2S,523,0i.iO $296,071
Debt on Wblch Interest Has Ceased Since maturity._.«„ . ,,..,. ... I'rinclpal. Inverost.5 to 68, Bonds Matnr'd at van's (Utes prior to Jan. 1, '37. tS7.665 $64 1746'9, Bonds Matured Dec. 31, 1362 -
—
t" .n
Ss. Mex.indem Matured at various dates In '51 and '52 .
6'3, Bonds Matured Dec. 81, 186768, Bounty L.scp... .Matured July 1.13496*8. Bonds Matured July 1, 1868fi's, Texas Indeni.... Matured Dec. 31, 186458. Bonds Matured Jan. 1,137138, V20S, (calledj... .Matured Dec. 1.'71. nrd Mch. 7'&"5bV'72.'[email protected] rr. notes....Matured at various dates from '33-'44.;-10@6sTr. notes....Matured at various dates In '47 aud *4868. Tr'y notes Matured at various dates In '48 and '49*
'
'
S<iil6'B,Tr'y n's Matured at various dates in '58 and '.59'"
6's, Tr'y notea Matured .March l, 1863. .
7 3.10'8. 3years Maimed Aug. 19 and Oct. 1, 1861.'.'.
5s, one year Matured at various dates In 1865.5'8, 2 years Matured at various dates in 18666'a, Com. Int. n's Matured June 10, '67. and May 15 '(is
7 8-10'B, 3 yeare Matured Aug. 1.5, 1807, and June 15 andJuly 15, 1863
6'8, Certlf. of Ind Matured at various dates in 18u6.. ',*.'.'.*.'.'.'
6,0001.1041.0."*)
3.90024.900
174,00010,000
I6,9:!S,100
82,575e.oiio
9502,000S.I 50io.oa'
107,M76C..165
615,'.80
,11X1
85in233
1,2S1
n,30o650
3I',>,813
2,670201.
57lOS378
1.5205..172
4,8.7
121,807
Recapitulation.
DBUT BE.IRINO ISTKKKaT IN COIN—Bonds at 6 p. cent..Bonds at 5 p. cent.,
Amonnt T„,»restOutstanding, 'nteresi.
..»I,S33.777.ino
... 414,567,300
4,!)&6'B,Teln.l.'.'.'.'.Matured Oct, 15,1
38,116313
7,343
18,906
$e'22,4t3
S37.650
^5.000
as, Certifs. (lalled)iMatnred moiithly from DccV sV.'isw'io"*''*'
April I.ISW 1,<I2S,000
Agg. Of debt on which int. h.is ceased since mat'y $20,487 497
Debt Bearing; no Interest.Authnrlzing acts. Chaiacter of Issue. Amt. onlstand
Jolyn.isei, and Feb. 12, 1862 Demand notes " .S^i',Fel).25 and July 11, '62, and Mareh 3, '03..U. S. legal-tender notes 317 5(in'(¥ieJulyn, 186; Fractional Cnrreney...:::
.-"^'.soo.ooo
MarchS, 1863. and June 30, IS6I Fractional currency.. "( »8..79,050
March 3. 18«3(lu $30.50, 100,500, l,UOO5,0OO).Certlf8. for gold deposited.".'.'. . 25,S»i,i80
AsgroKSteol debt bearing do iatereit, ,, $1^6,164,701
Total debt bearing Interest in coinDebt bearing Ixtkrkst in Lawful Money—
Certificates at 4 percent $073,(00Navy pension fund, at 3 per cent 14,000.000Certificates at 3 per cent 13,34 ),000
Total debt bearing Interest in lawful money $28,523,000Debt on which Int. has okased since Maturitt '20.487,497
Dkbt be iking no Interest-Ocm.ind and legal tender notes $357.5W,371yractionai currency 43.179.(^50
Certificates of gold de|ioslte.i •.5,394,180
Total debt bearing no interest $426,164,701Unclaimed P. R. Interest
$1,80,',311,40J $41,622,410
296,0916i2,443
11,831
Total $2.'278,519 598 $42,562,780Tot.al debt, principal and Interest, to date, iuclndlug Interest due notpresented for payment $2,321,072,379
Auount in the Treasuky-Coin $108,953.7.38Currency 14,375,199
Total $123 itiS.'ra
Debt, less amount in the Treaaui-y. Mav 1,1872 2.197,74.3.440IJebt, less amount in the Treasury, Aiiril 1. 1872 2,2!0,n31,529
Decrease of debt during the past month $i?.rS3.038
Decrease of debt since Nfarcli 1.187; $2S.li7li,(Ki7
Decrease of debt since March 1.1869. to March 1, 13.2 $2'J9,64'J,762
Bonds Issued to tlio Paoiflc Railroad Comitaulcs, InterestPayable In liawlul Money.
Interest Interest Interest Balance ofAmonnt accrued paid by
outstanding, and not Unityet paid.
$25,88.-,.120 $.17,702 $.5,591,322 $531,693 $j,(«l(Mi<i
6,303,000 126,060 1,780.263 953.8:^7 S2«.S1m'/i.236.5ia 544,730 6.164,657 2,ltB,7S9 4.0.-.S,3(;7
1,600,000 82,000 445,808 10,214 4:i5,.".9il
1,970,560 Kl,411 303,562 9,350 299,2121,6'2«,320 S2,566 310,756 406 SlO.SoO
Character of Issue.
Central PacincKan. Pac. late U.P.E.DUnion Pacirtc CoCen. Bl''ii Un. Pacific.Western PacllloSioux City and Pacltlc.
reiuiid by Int. pai.i
nited tninsp'tiou by UnitedStates, of malls. &c. States.
Total Issued $61,623,512 $1.2l»!,470 $11,631,870 $3,611,152 $11,020,718
Tlio Pacific Railroad bonds arc all Issued under the acts ol .Inly 1. 1862. and Jvily2,1864; they are reglster.d bonds, In denominations of $1,100, $5.0<;o & $l(i,0lX);
bear six per cnt iiiierest In carreucy, payable January 1 aud July 1, aud mataie30 years fconi their dat;'.
ClUMU IN TIIE REDKEMINR AGIiJiTS OP NATIONAL BANKS
The followinjr are the changiss in the Redeeminij Agents o/
National Banks since the 18th of April, 1873. These weekly
chuntjes are lurnislio;l by, and published in accordance with, anarranirement made with the Comptroller of the Currency:
LOOATIOH.
Connecticut
—
Hartfordrounei'tient
—
Hart fordOliio—Bllaire
Oliio—Millersbui-fi;...
Illinois
—
Mokoniia.Alichijjnn
—
Tlireeltivers.
.
Iowa—Wyoming
Missouri
—
ClintonKansas
—
TopckaNebraska
—
Platlsmouth. .
.
Indi'ina
—
SullivanMasL'nchusctts
—
LawrencePennsylvania-Bethlehem.. .
Pennsylvania
—
CTCtlysburg, ...
Dlst. rohimbla-\Vasliington...
Kentucky—(hveuton
Ohio-Portsmouth..
Illinois
—
I'eona
NAHX or BANK. RBDBE3I1MG AOKNT.
The City National,The .Suffolk National Bank of Boston,Bank
|revolted.
The First National The National Bank of Redemption,Bank I
BoKton, revolced.The First National Tlie Ninth N-itiotml Bank of NewYork,Bank
|apjiroved.
The First NntionallTlie Ohio National Bank of Cleveland,Bank ' n]>i)roved.
The Mokomis Na-iTIie St. Louis National Bank, St. LoulBtional Bank I approved
.
The Manufnelurors'iTiie Imijortera" and Traders' NationalI
National Bank..,! B:inlv of New Y<n-k, approved.The First National Tlie National I'arii Bank of New York,Bank
|and the Uuion National BaiikofC'hi-
IC!itj(o, approved.
The First National .The Union National Bank of St. Louis,Banlc
Iapproved.
TheTopekaNation-iThe Importers' and Traders' National '
al Bank i Bank of New Yoili, approved. '
Tlie First National;The Union National Bank of Chicago,'
Bank | approved.The First National The Second National Bank of Cincln-Bank I nati, approved.
The Lawrence Na-|Tlie Howard National Batkof Boston,tional IJank approved.
The First National The Fourth National Bank of NewBank York, approved in place of the First
INational Bank of New Yorlv.
TheGettysbnrgNa- The Citizens' National Bank of Balti-tional Bank.
The National Me-tropolitan Bank.
The National Bank
more, appi-oved in place of the West-ern National Bank of Baltimore.
The National Park Banl; of New York,apjiroved in place of the NationalBank of Commerce of New York.
The Fourth National Bank of Clucin-
lowa—Fort Dodge.
Michigan—^"
Flint
of OwenI
liati, a]>nroved.]The Kinney Nation- The Merchants' National Bank of Cin-I
al BankI
cinnati. apjiroved.iThe First National.The Continental NaMonal Bank of NewBank I Yorl,-. approvi^d in place of the Cen-
tral National Bank of New Yoi-k.The Mercbants' Na-'The Third National Bank of Chicago,tional Bank .. ..I approved.
The Citizens' Na- The Fourth National Bank of Newtional Bank
IY'ork, approved.
Neiv National Bauba.The following is a list of National Banks organized since
the 18th instant, viz.
:
Ortlcial No.
1,0()3—The National Bank of Owen, at Owenton, Ky. Authorized capital,t.'W.OOO; paid In capital, $:«,CKX). A. V. Grovcr, President ; N. H.Witlierspoon, Cashier. Authorized to comnicuce bneiness April 20.1S72.
l,9frl—The Minors' National Bank of Braidwood, 111. Authorized capital,$.VI.00n
; paid In capital. $50.0(K). John 11. Daniels, President ; Wm.n. Odell, cashier. Authorized to commence business A]iril 22, 187*2.
1,90.5—The Mereliants' National Bank of Holly. Mich. Authorized capitnl,J.'JO.OOO; paid in capital, |.1.1,OflO. Thomas Hartley, President; S. S.Wilholm, Cashier. Authorized to commence business Ajiril 2-2, 1872.
l.OCG—The First National Bank of Trenton, Mo. Antliorized caiiital. $50,000;paid in capital, fSO.OOO. William Bradley, President; Hobert P.Carnes, Cashier. Authorized to commence business April 2'2, 1872.
1.9R7—The fiidinnn National Bank of I.afavette. Ind. Authorized capital,$200,000; paid in capital. *100,i:00." J. .7. Perrin, President; .lohnc. P.rickenbroiigh. Cashier. Authorized to commence businessApril '22. 1872.
1,908—The First National Bank of Prophetstown. 111. Authorized capital,
150,000 ; paia la capital, $SO,000. Natliau TbompsQii, I'resldeut
May 4, 1872.) THK (IIIIONKJLE. 687
1,M»-Tli.
1,070—TI.
1,871—Til
Anthnnv MutUon, CHhler. Authorlxcd to ci'n
luil Dink of (Irrcon III. Authorized capiul, tSO.OOO:.1 <!» (»*<l nniitrl Ftuvrc. !'n'(il(Jenl. Jtuum I>.Latt,
April «3. 1H7».
'!i. Allthorlzpd cilpital.
Mi'rrlll, PrcxUluiit; Joliii
MMM .• l)ii»lMo»a April »4, isra.Mo Aiitliorlzcd capital, $100,-Wooii, President; Adamlttil,- inenH April 34, 1878.
' ishlnjftoii, Ohio. Aiithori/odno. Anron r .l»liiiNnn, PreHi-
>;i, ( :Lr,iii*-r. j\uihori/.tiU to coniinoiice bimlnenfl
Cil-lll.l- .\
1,97>—The Kiiyiitcc ..
mpittil, lim. -
(Il'HI ; Mirlmi'i iicnu'ii, i imi
April 45, IS-J.
J i)T3_Thc Kirnt Nntloiial Bank of Ailrliui, Minhi'^a'i. Authorized capital,'
$IOO.ikX); paUl In cipltal, $SO,i)()0. F. C. Itoamar, Pronldi-iit ; K I.
Waldby, C'tshier. .Viitliorizi-d to commenci! burtliu'na April a(>, 1873.
1974 -The Kirsl Natloiml Bank of Kroniont, Neb. Authorized capital, t50,IK)0;
p.iid In capital, JiXUxm. Therou Nyo, Primldent ; E. ll.Kogers,Cashier. Antiiorlzed to comnieuce biisiuesa, Apill 36, 1873.
1175—The KIrst National Bank of Ilecr I.ndije, Territory of Montana. Author-ized cipltal. fWOrtO ; imld In capital, $.-)0,0(XI. W. A. Olark, Prcal-lU-iii : s. K. Lai'abiu, Cashlvr. Authorized to comuioucu hualueaaA|inl .'•, ISTi.
Categt fUouclari] anb (Hommcrcial (IrngliBl) Nctua
It ITKS OF BXOHANGB AT LONDON, AND ON LONDONAT LATEST DATES.
KXcnANOR AT LONDON-APKIL ID.
RATK,
BXCHAItaB ON LONDON.
LATBOTDATS.
AiUHterdam ...
AntwerpHamburgParisParirt
VicunaBerlinPraukforl ....
St. PetersburgCadizI.lflbon
Milan ..
4 lenoaNaidtf**
New VorktlainaicaHavanaRio de JaueiroBahiaVaI|Mrfti-'0...Pernambuco .
Singaporelion;? Kong..CeylonBombayMadrasCalcuttaSydney
short.3 mouths.
short.3 months.
no days.:i mouths.
IS 0>iia!2 IX35.IW 5?.35.(«
13.105{{»!3.llsa.ii (g>35.35
25.68>,-SS5.7011.10 @!1.45a.ia)i& 6.36ll»](i»1303J«®....
53>,r<iri3>4
a7.l>v."<j(.j>37.B7>^
37.113 S,(|?i37.(i7;4
S7.69>(fi<4«7.67>4
60 days.
HO days.
*r. rul.
4». M.U. 11^.;.
}i per cent dis.
April 19.
April 18.
April 19.
March 17
March 11
Feb. 14.
April 4.
Aprii'lS.
April 13.
TIVK.
short
Smoa.short.
Smos.
short.3 mos.
60 days.
90 days
uios.
6 moa
.
6 mos,
RATI.
132.5.35
13. 6«35.35
ii6!i6
6.21>ima32«
lOS.t^
S4J4@34?i47
4*. M.
Is. II IS-ifid®^.
u'. inid.
LFrom our own correspondent.]
London. Saturday, April 20.
The bank return jmblislKHl this week is more eatisfactory, and
ha.") produced an easier tone in the money market. A marked
improvement was naturally expected, as a large amount of busi
ness had been crowded into the previous return, and consequently
the effect of that pressure is now seen, much of the discount work
of the present week having been anticipated. The supply of
money seeking employment has considerably increased, and in the
open market the rates of discount are generally lower. Money is
now obtainable at 3} per cent, and a feature of some importance
is that six months' bank bills are decidedly cheaper. The follow-
ing are the present quotations :
Bank rate0|>cnniarket rates
:
30 and 60 diya' bills
bir
Per cent.4
.t\&.
Percent.4 months' bank bills 4 @...6 months' bauk bills 4 @...4 and 6 months' trade bills. 4 (^i^
3 months' bills
The rates of interest allowed by the joint stock banks and
discount houses for deposits are as follows :
Per cent.S.I..i, nV-S
I> catcallIll- > with 7 days' noticeDiscuuiil Uuiisc^ with 14 days* notice...
8li
8>i
The following are the quotations for money at the leading
Continental cities
:
3=C:
! f! '••«• peroz. .UniUrd,
Jar I. d, flno. . . per oz. sUndard, last pricel.ar()od. Reflnable. p«ro«. alaudard, laal price.South American Doubloon*
^,\.r nr.United .States Oold Coin per ok, none her*
•n.m.
Bar Silver, Fine per oz. standard, no price llxedBar Silver, containing 9 gt». Gold, per oz. standard, last price
Bank Openrate, market,
per cent, per cent.Paris 5 13i-5Amsterdam 3 3»i-3Ilambure i'/i-H
Berlin 4 3\'HFrankfort 3 S5i-3Vienna and Tric'to,... S 5Madrid, Cadiz and Bar-celona 6 6
Lisbon and Op«rto8t PetersburgBrusselsTurin, Florence andRome
AntwerpBremenLeipzle
Bank Openrate, market
per cent, per cent.7 7
1 RX8X 8X-3.!<
5 5
4J^
The advance in the rates for discount has had the effect of im-
proving the exchanges. Sovereigns continue to be sent to SouthAmerica on account of the recent loans, but for bar uold for ex-
port to the continent there is no Inquiry. Silver is lower, the In-
dian demand having entirely ceased. Old Mexican dollars are very
firm, but for now dollars there is very little inquiry. The follow
ing prices of bullion are from Mesars. Flxley, Abell, Langley &Pake's ctrcoUr;
I'iiie Cake Sliver. per oz.
. d. 1. d.T7 i» Arr « ATT 10T7 U A73 « S74
'• ''•
a • *•
6 ojiiss' o)<no price.
... , old, RIK« "«©« IIX
1869. 1870. 1871. 1872.£ £ £ £
14,133,990 !8.79S,!M4 »4,785.6884,956,443 7,660.331 8,441.m »,Mt.tm17,839,378 16,976,618 S0,0B1.IH4 »,038,M9!B.0W,798 13,837,81* 19,II68,MS 13,304,06817,870,006 18,313,398 90,864,916 S4,106,331
8,398,301 11.6C9.S68 13,355,048 10,823,84317,030,151 19,!iS3,79a
3 p. c.23,478.118 31,638,518
Sid'«X p. c. 4p. c.
9ld. 93Xd, 9«Xd.46s. 8(1. 438. ICd. 67«. 6d. 63s. lid.
lid. llXd. 7J*d.,, •U 3-16d.
Mexican Dollars per OE—last price, now,Five Prune Pieces per oz, last price.
The following statement shows the present position of the Bankof England, the Bank rate of discount, the price of Consols,the average quotation for English Wheat, the price of MiddlingUpland Cotton, and of No. 40 Mule Yarn, fair second quality,
compared with the four previous years :
1868.Circulation, including £bank mwt hlll« 24,413,917
Pnlillc (lepositH 4.319,175Oilier deposits 20,3 l't.041
Govomiuont securities. 1S,3T7.8'.MOther sucuritii'S n,S3i,818Kosorve of notes audcoin 11,587,080
Coin and bullion 30,537,100Bank rate 2p. c.
Consols 93jid.Price of wheat TSbi. 8d.Mid. I'pland cotton .. 13>id.No.40 mule yarn fair 2dquality Is. 3Xd. Is. 3d. Is. 3^d. U. Xd. "la. 4d.
• Price April 11.
Messrs. J. P. Morgan & Co., have issued the prospectus of the
United States Mortgage Company, with a capital of |1,000,000.
The bonds of the company are to bear interest at the rate of
six per cent per annum, and the price of issue is 05J per £100.
This is the second issue of capital, the first having been privately
subscribed in New York, principally by the parties who havebeen the means of making the Credit Foncier Companies of
France and Austria successful. The bonds, it is stated, are
secured by real estate, advances on which, on the part of the
company, are limited to half their value. The directors of the
company in Europe are Mr. Kremy, Governor of the Credit Foncier
of France ; Count flerminy, Regent of the Bank of France ; M-Mallet, of Mallet, Freres & Co. ; Baron de Haber, Director of the
Credit Foncior of Austria ; the Chevalier von Hopfen, President
of the Austrian Reicbsrath ; Mr. A. de Loski, and others.
Messrs. Bischofl'sheim and Goldschmidt have announced the
issue of the balance of £340,000 seven per cent rental bonds of
the Atlantic and Great AVestern Railway Company. The total
amount of these bonds is now £1,100,000. They are issued in
sums of £300 each, at the price of 88 per cent.
The prospectus of the Atlantic and Great Western Telegraph
Company continues to be advertised, so that it may be inferred
that the subscription list has not yet been filled. An effort has
been made to drive this company out of the field ; but the direc-
tors seem determined to carry the scheme through.
We have had a week of very dry weather, and of cold northerly
and easterly winds. Last night there was a sharp frost, but the
days arc brilliant, and, although the wind is cold, the sun shows
its power, and the lifTect of the wind is greatly mitigated. The con-
trast, however, between the day and night temperature is very
great. The wheat plant looks remarkably strong and vigorous.
1'he late dry weather has, in fact, had an excellent eSect, and so
far as wheat is concerned, there is a most encouraging prospect.
On light soils, however, and on those especially which have been
sown extensively with spring corn, a gentle fall of rain would be
extremely beneficial. The grass has not made much progress of
late, but as there is a good bottom to it, a great change is likely
as soon as growing weather has fairly set in. The prospect with
regard to fruit is, with the exception of wall fruit, encouraging.
The following statement shows the imports and exports of
cereal produce Into and from the United Kingdom since harvest,
viz., from Aug. 26 to April 13, compared with the corresponding
period in the three previous seasons :
IMPORTS.1871-2. 1870-1. I"'"
-' '^••'
"
Wheat cwt 88,506,049 80,41.5.197 2:
Barley 8,a'«,251 5,038,033
Oats 63»i4»3 4,821,020
Peas 616,801
Beans <,Ma8UIndian Com 12,098,858
Floor-- -
—
Wheat cwt.BarleyOatsPeasBeans ..•••Indian ComFloor
2,071,439
EXTOKTB.2,013,541
14,151
86,4467,1804,881in,7«4S,78t
8lo.»*> ait..^o6
1,163,688 i,*i;,4;M 1,917.781
g,48»,'NS J2,863.li!M S-^S-SS2,961,506 4,ll<i,0S4 2,632,808
2,406,971 183 567 1«,«94711,691 15,917 88,in
1,130,359 75,538 •76,831
44,706 10,398 12,472
1^28J 1,225 4,196
66,980 18,601 881
I.««,TO« w* n,S84
588 THE CHRONICLE. [May 4, 1872.
On the whole the stock markets have been firm, with a favor,
able tendency as regards prices. On Thursday there was consid-
erable flatness, owing to the statement in one of the daily papers
that Germany had sent a communication, couched in very decided
terms, to the French Government respecting the military move-
ments of France. With that exception, the tendency of prices
has been favorable. The more hopeful view which is taken re-
specting the arbitration at Geneva and the easier tone of the
money market have had a good effect. The favorable weather
and the excellent crop prospects have also imparted firmness to
the markets. There has been considerable flatness in Spanish
stock, owing to the circumstance that the bills which were pre-
sented on Monday and Tuesday at the Spanish Financial Agency
here were dishonored. They have since been paid ; but that the
Spanish Government should be unable to procure so small a sum
as £300,000 clearly shows that there is a screw loose somewhere.
The closing prices of consols and the principal American securi-
ties to-day are subjoined :
United States 6 per cent 5-2C bonds, ex 4-6. div. 1 May and 1 Nov. .90 @ 90Ji
do adseries 91%® 9iHdo J865 issue div. 1 May and 1 Nov.. xc n%® M^,
do 1867 issue, div. IJaa. and IJuIy 93>i@ 935i
do 5 per cent. 10-40 bonds, ex 4-6, div. 1 Mar and 1 Sept 89 ® 89^do 5 per cent Funded Loan, 1871, ex 4-6, xc, div. 1 May
andlNov 89K® 89?^
Atlantic and Great Western, 8 per cent. Debentures, div. 15 Mayand 15 Nov., Bischoffsheim's Certlflcates BIX® 52>i
Ditto Consolidated Bonds, 7 per cent., div. 15 Jan , April, July andOctober, Bischoffsheim's Certificates. .. ........... . . . .
. • • •, 4'^@,*•><Ditto Re-organization 7 per cent. Scrip, div 1 March and 1 Sept. 101 ®10SErie Shares, ex 4-6, div. Feb. and Aug 52>i® bV-i
do unstamped 52 '^
Ditto 6 per cent. Convertible Bonds, div. 1 March and 1 Sep 88
Illinois Central Shares, IllOO pd., ex 4-6, div Feb. and Aug 109
Illinois and St. Louis Bridge, 1st mort., div. 1 April and 1 Oct 97
Louisiana B per cent. Levee Bonds, div. May and Nov ? ... 54
Massachusetts 5 per cent, sterling bds, 1900, div. 1 Jan. and 1 July 95
New Jersey United Canal and Rail bds. div. 2 Maich and 2 Sept. . 99
Panama Gen. Mort. 7 per cent bonds, 1897, div. 1 April and 1 Oct. 90
Pennsylvania Gen. Mort. 6 per ct. bds, 1910, div. 1 Jan. and 1 July. 96
Virginia 6 per cent, bonds, ex 4-6, div. from 1 July, 1869 47
Messrs. Rothschild & Sons have issued the prospectus ot
new Russian loan for £15,000,000. The bonds bear interest at
the rate of five per cent, and are issued at the price of 89. The
extent of the applications may be judged from the fact that appli-
cants are only likely to receive one-tenth of the amount they
applied for.
The imports of specie at this port during the past week havebeen as follows
:
April 22—Str. South America,Rio de Janeiro-
Silver $1,671April 24—Str. City of Mexico,
Vera Crnz-Silver 20,808Gold 3,295
Total for the week
April 24—Str. San Francisco,Hamilton
—
GoldApril 26—Str. Missouri, Ha-
vana
—
Gold
1,866
4,000
® 52K® 90@110
® 58
@ 97®101@ 93@ 97@ 49
the
COMMERCIAL AND MISCELLANEOUS NEWS.
l3tPOBT8 AND Exports for the Week.—The imports this
week show a decrease in both dry goods and general
merchandise. The total imports amount to $9,573,956 tliis w^ek,
against |13,104,110 last week, and $10,670,650 tlie previous week.
The exports' are $4,790,733 this week, against $8,344,186 last week
and $3,820,953 the previous week. The exports of cotton the
past week' were 3,996 bales, against 6,513 bales last week.
The following are the imports at New York for week ending
(for dry goods) April 36, and for the week ending (for general
merchandise! April 37.
TOBEIQM niPOKTS AT HBW TORK I^B THB WBSK
Dry goods $1,880,467
General merchandise... 7,823,485
$9,703,95298,793,574
1870.
$1,692,2656,746,255
$7,438,52091,223,967
1871.
$3,615,1186766,908
$10,382,026118,M6,520
1872.
$2,433,7357,140,221
$9,573,956143,623,671
Total for the week.
.
Previously reported—Since Jan. 1 $108,497,526 $101,662,487 $129,228,546 $153,197,627
In our report of the dry goods trade will be found the imports of
dry goods tor one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the week ending
April 30
:
EXPORTS TTIOM NBW YORK FOR THK WEEK.1869. 1870. 1871. 1872.
For the week $2,809,a34 $3,439,671 $3,910,9.36 $4,790,733
Previously reported. . .. 52,761,008 54 323,425 78,327,908 68,046,690
$31,630Previously reported. - 591,418
Total since January 1, 1872 $623,048Same time In I Same time in1871 $2,971,893 1 1868 $2,642,4381870 6,308,883 I 1867 729,6021869 8,314,442
I
New Cotton ExcUangc Building.—This morning, at 13
o'clock, the inauguration of the new Cotton Exchange takes
place, and hereafter the meetings of the Exchange will be heldon the main floor of its own building, on Hanover Square. Soonafter the organization it became evident to the members that the
premises 143 Pearl street, which they then occupied, were too
contracted and otherwise unsuited for the purposes of the busi-
ness transacted there. Consequently they began to look aboutfor new quarters, and, not quite a year since, purchased the prop-
erty known as the Hanover Building, covering the entire
front of Hanover square, and at once commenced alterations
necessary to its occupation. These alterations are now completed,
and the result is an elegant floor, about 65 by 75 feet, fitted upwith every convenience for the business of the Exchange, while
the basement and second and third floors are rented as offices. Theofficers—Messrs. S. D. Harrison (of Jewell, Harrison & Co.), Pres-
ident ; James P. Wenman, Vice President ; A. B. Graves, Treas-
urer ; and B. F. Voorhees, Secretary—have held the same posi-
tions since the first organization.
—Messrs. Tanner & Co., the financial agents of the St. Joseph
and Denver City Railroad Company, are in receipt of advices to
the effect tUat the construction of the road is going forward with
greater rapidity than ever before, and that it will be finished andready for through business by August. The local business of the
road 18 increasing as each section is completed, and this alone, it
is estimated, will earn the interest im the bonded debt. Constant
additions are making to the rolling stock of the road to meet the
increasing requiremeuts of business. When the road is openedin August for through business, it will compete for a large part
of the Pacific bound freight which centres at St. Louis, the road
having a connection with St. Louis on the west as well as the east
side of the Missouri River. But a small part of the first mortgagesinking fund land grant 8 per cent, bonds are unsold, and as soon
as the remainder is closed out, the agents confidently expect that
the price of the bonds will advance, as was the case with the
bonds of the eastern division when that loan was closed.
—The attention of our readers is directed to the card of the
"Swiss Lloyd" on another page. This Company has been in
successful operation for many years as a Marine and Inland
Transportation Insurance Company, with a share capital of five
million dollars, and assets of about one and a half millions. The"Lloyd" has just established an agency here, selecting for its
representative Mr. Hugo Menzel, of the firm of Messrs. Wm.Menzel & Son, corner Cedar and William streets, and in doing so
has made a most excellent choice, inasmuch as Mr. Menzel has
been for some ten or fifteen years in business here on his ownaccount, principally with the Southern and Western States, and
with Europe and China, and joins popularity to character. Mr. G.
Henry Koop, also favorably known here, assists him in the
management. To the cotton and tobacco, as well as the provision
interests, this Company is of great importance.
—We hear very favorable reports of the traffic on the Connec-
ticut Valley Railroad. It is estimated that already this road is
earning sufficient to pay interest on its bonds and a fair dividend
on its stock. Messrs. Allen, Stephens & Co. still have a few of
the first mortgage bonds of this road, which they offer at 95.
They are free of Government and Connecticut State taxes.
—The Equitable Trust Company reports that on the day the
books were opened the stock of ,$1,000,000 was fully subscribed
for immediately ; and within a few hours afterwards subscriptions
amounted to $150,000 more than the amount to be issued.
Since Jan. 1 $55,570,842 $57,763,096 $83,238,844 $72,836,423
The following will show the exports of specie from the port of
Kew York for the week ending April 37, 1873 :
AprU23-
April 22—Brig A. B. Patterson,Porto Caliello—
American gold coin , $3,300-Steamer Merrimack,
Rio de Janeiro-English gold coin .. . 7,700
For St. Thomas-American gold coin. 20,206
Anrll 24—St. Nevada, Liv'p'l—Gold bars 3,600
Silver bars 7,300
April 25-St Russia, Liv'p'l-Silver bars 189,631
Anril 26-Steamer Westphalia,^ Paris-
Gold bars 9,200
Foreign silver coin.. 18,000
April 25—Str. Crescent City,Havana
—
Spanish gold $68,000April 27—Str. City of Paris,
Liverpool
—
American gold 400,000Silver bars 80,803
April 27—Str. Abyssinia, Liv-erpool
—
Silver bars 214,057American gold coin . 75,000
April97—Bg. Maggie, Arroyo
—
American silver coin. 5,213April 27—Steamer Hermann,
Southiimpton
—
American gold coin. 575,000Mex. silver dollars.. 38,706
. Tottlfortheweelt $1,715,619
Previously reported 7,609,670
$9,525,289Same time in
1867 $8,670,6241866.......... 5,888,966
1865 6,425,216
Total since Jan. 1, 1872
Sff«""'^'f. $23,334,178
SjoV.V 8,007,853
1869 10,M5,1621868" 20,390,047
BANKING AND FINANCIAL.
Banking House op Henry Clewb & Co.,)
33 Wall street, N. Y. f
Circular Notes and Letters of Credit for travelers ; also, Com-
mercial Credits issued, available throughout the world.
Bills of Exchange on the Imperial Bank of London, National
Bank of Scotland. Provincial Bank of Ireland and all their
branches.
Telegraphic Transfers of money on Europe, San Francisco, and
the West Indies.
Deposit accounts received in either Currency or Coin, subject to
check at sight, which pass through the Clearing-House as if drawn
upon any city bank ; interest allowed on all daily balances
;
Certificates of Deposit issued, bearing interest at current rate ;
Notes and Drafts collected.
State, City, and Railroad Loans negotiated.
CLEWS, HABICHT & Co.,
H Old Broad Stbket, Londok.
May 4, 1872] THE CHRONICLE
THE ST. JOSKPII AND DENVER CITY RAILROAD CO.'b
FIKNT inORTKAUR BONDS
are beiof; absorbed by an incroasinK demand for thnm.
Secured M they are by a first iiiortifBRe on the road, land grant,
franchise, and equipments, combined in one mortgage, tliey com-
mand at once a ready marliet.
A liberal sinliing Fund provided in the mortage deed must
advance the price upon the closing of the loan. Principal and
interest, pnysble in gold. Interest at eight (8) per vient per
annum, payable semi-annually, free of tax. Principal in thirty
years. Denominations, fl.OOO, |500 and $100, Coupon or
Registered.
Price, 97J and accrued interest, in currency, from F liruary
16, 1873.
Maps, circalars, documents, and information furnished.
Trustees—Farmers' Loan and Trust Company of New York.
Can now be had through the principal banks and bankers
throughout the country, and from the undersigned, who nnhesi-
tatlngly recommend them.TANNER & CO.,
Bankere, No. 11 Wall street.
NATIONAL CURRENCY BANK.This bank has removed to
No. 93 Broadway,next door to the old location. The Specie, Bank-Note, RevenueStamp, and Bond Departments will be continued as heretofore.
Accounts received on the most favorable terms, and checks pass
through the Clearing-house as usual.
F. F. Thompson, President.
J. H. L. MoRFORD, Cashier.
ty The Northern Pacific Gold Bonds offered by Messrs. JayCooke & Co., 20 Wall st., and the principal Banks and Bankersthroughout the country, are a combination of a first-class Railroad
Security with a Real Estate Mortgage upon property worth treble
the issue of the Bonds. Their large and rapid sale, both at homeand abroad, and their absorption by Savings Banks and other con-
servative moneyed institutions, show at once their popularity
with the people and their high credit among financial men.
The Bonds are offered by the agents at par and interest in cur-
rency. They are exempt from United States tax, and bear 7.30
per cent, interest in gold. All marketable securities are received
in exchange for Northern Pacifies by Messrs. Jay Cooke & Co.,
without expense to the investor.
tW THE FIRST MORTGAGE SINKING FUND BONDS OFTHE LOGANSPORT, CRAWFORDSVILLE AND SOUTH-WESTERN RAILWAY OF INDIANA, bearing Eight per CentInterest, gold, free of Government Tax, pavable quarterly inISwYork, are for sale by JONES & SCHUYLER, No. 12 Pinestreet, at 95 and accrued interest.
^l)t Banktts" C^a^^ttc.
1>IVI»END!«.The following DiTldends have been declared during the past week
Peb WhenCeht. P'ablb.
COMPAWT.
5*^ Mayl.May IS.
Books CtossD.
8, free. May 80.
5
Railroads.Jeffersonville. Madison & IndBoston & MaineNortiiern CentralMancliestcr &, Lawrence
Banks.Nawan 4, free. May 10. nntil May 10.National Bank of the State of New York. . I 4, free. May 10. | until May 10.
result of these tranaactions, for If the high price of bonds shouldprevent the purchase of any considerable amount, at or Ijelowparin gold, and at the same time the sales of gold should be regu-
larly continued, the tendency would evidently be to make themoney market stringent.
This we(<k only $091,050 of bonds were purchased, againat thesale of $3,000,000, gold.
The Secretary of the Treasury has called in $1^00,000 more ofthree percent certificates, bearing date from August 1, 18fl8, to
August 10, 1868, of the denomination of $5,000, betwjjon the num-bers 3,617 and 3,810, inclusive, and of the denomination of
$10,000, between the numbers 3,781 and 8,951, inclusive; andfrom the 30tli day of June, 1873, such certificates will cease to
bear interest, and will be no longer available as a portion of the
lawful money reserve of any National Banking Association.
The last statement of our associated city banks showed a con-siderable increase in legal tenders, and a consequent improve-ment in their excess above legal reserve. The total liabilities
stood at $230,979,100, and the total reserve at $63,639,900, being$5,805,125 in excess of 35 per cent of the liabilities.
The following statement shows the changes from previous weekand a comparison with 1871 and 1870:
April 20.'
173.0!
-1P!2.- 187t.April 29.
1S,597.18S81 ,461,929
<a,426.291
IS10.
AprUJO.»a«,504,"JjUHfiO)n«n/)ooafiMjomaoe,iMAnMMixm
April 27. Dltferences.Loans and dU... ri7J.Of.O.«0 t27).926,50n Inc.. (1,875,900Specie 18,2;8,4(I0 l8,;ia.5(W Dec. 165,900Olrculation 27,911.500 27.84OXJ00 Dec. 7I,JS00
Netdcposlts 195,(30,700 208,189 lOU Inc. 7.506.400
LeKal tenders ... 39.'.09,S0a 4S,527,400 Inc. 6.618.1(XI
In commercial paper there has been more business, and rates
are easier. The best indorsed paper sells at 7^(38 per cent, withsome exceptions at 7 per cent, while single names range from8i@13 per cent. Quotations are as follows :
Commercial, first class endorsed 50 days.•
ths._ . 4 month" 6 months.
single names 60 days." ths.
per cent
THAS3 »....8Ha»9 al24 to 6 month
lTnIted!States Bonds.—Government Securities continue firm
at near the same quotations as last week. The demand continues
to be well distributed, and the supply of bonds is relatively
small, so that it is difficult to make a purchase of any large
amount in round lots. The Treasury schedule for Mav calls for
the purchase of $2,000,000 each Wednesday, or $10,000,000 in themonth, but it seems extremely doubtful whether any considerableamount can be obtained at or below par in gold. At the first pur-chase on Wednesday last, only $983,630 were offered, and $691,-
650 were purchased.
Closing )irices daily, and the range since January 1, have beenApr. A
ii"2X -iiax
118 m%115X 'nsx.... "114
U5V 'lUX 'IISH'116X 116i< 116H114« 114^ 114X115X 115X 115X116 '-.15% 115XUOK llOX ..nox 'llOX •IIOX
nrrencyeV...'.'.. 'n6H USX M16H
59. fond, 1881, cp..68,1%!, restfis, 1881, coup5-20'8lS62. coup...Call Brls.-ra.cSds5-2"'« ISftl, coup....5-W8 1F65, •• ...
V*'9 1865, n " ...
5-2C'sl867. " ...
5-WB1868, " ...
0-40's, reg10-40'b, coupon
May
H2X illl'x'
'H6X l:6X118X 118
'115X X112K
Mayi.
IIIX11«X118X
"112X
li2K112K
IltX 'U4HU5% -ilSH•I15M 'UbXllOX llOXluiji; no%•116)4 'Ma
•112K'112K
Mav3.
'111«'116
I18X112X114
112H113114X115V115*llOX'HUM116X
Since .January l.-^Lowest.—. ^-Highest.-^lOiXFeb. 8; 113 Apr. 2«114!<Jan. 4117 Apr. 9«l:4H Jan. SllSH Apr. 26109<KJan. 11 115X Apr. 2S
im'ii Jsini'ii iisji XprViinOH Jan. 13 116S Apr. 39109)i Jan. llltl.i Apr. 26ll:X Feb.111« Feb. 9107 Feb. 6I07XMch.l3114 Feb. 9
116 Aiir. 2«116X Apr. MimS Apr. 2*HI yeb. ISns\ Apr. at
This Is the price bid, no sale was made at the Board.
Closing prices ot securities in London have been as follows :
\^&'^'
0.8.6s, 5-206, '62
D. 8.68,5-20». '67....
n. S.58,10-40bNew 5b
90X
89XE9K
X"\May Since January 1.
Lowest.I
Highest.
90X93K
8»H
90X9SK90WX
90 Apr. 22 93 Apr. 11
91X Feb. 9 94X .l»n. t88 Feb. 22 92X Jan. ITBBH Feb. 8
1
f.s Jan. 8
Fbidat Erjctasa, May 3, 1872.
Tlte money BI«rket._The money market ruled at fairly easyrates on Saturday and Monday, the days succeeding the issue of
our last report, and borrowers were generally accommodated at
6@7 per cent, with some exceptions, as low as 5 per cent. Therewas subsequently a more active demand for money, and onJTues-
day and Wednesday last the rates paid by brokers ranged as highas 7 gold, and in some cases a commission of 1-33 of 1 per cent.
These high rates, however, proved to be only temporary, andthe market soon afterward fell back to 6(317 per cent as the pre-
vailing rates to all good borrowers.
The Treasury programme for May embraces the sale of $2,000,-
000 gold, each Thursday, and the purcha.'ii- of $2,000,000 l)onds,
each Wednesday, making, in all, $10,000,000 of each in the month.It is rather difficult at the present moment to foresee precisely the
State and^Rallroad Bonds.—State Bonds are rather quiet,
and transactions generally limited to relatively small amounts.
Tennessees have receded from the advance previously made, and
South Carolinas are also less firm. Virginia consols are decidedly
stronger, and it would appear that these bonds are not now very
high, provided the State will continue to pay four per cent, a year
on them, in accordance with the present law. The great diflSculty
in regard to Southern State bonds seems to be that the holders do
not know what legislation may take place in regard to their bonds
another year ; if they could rely upon laws already passed being
strictly carried out, and that they would not be reversed or mate-
rially changed by the next legislature, there would be far moreconfidence in purchasing Southern State bonds for investment.
Railroad bonds continue in good demand at pretty firm prices.
Closing prices daily and the range since Jan. 1 have been :
^^2?."Apr. Apr. May May May
•9X6»X
•36
•90K
37K
6sTenn., old6s Tenn.. new
—
6s IT. Car., old....6s N. Car., new...SsVlrg., old" " consolld'd" " liclcrrcd..
6eS. r., n, J.* J.6s Mlssonrl 96Cent. Pac. gold.. inSi<
Un.Pac..l«t »2VUn. Par.,LMOr't "SisUn. P. Income ... Sn^N.T. Cen, 6s, I88S. "91
Krie Intnl. 7« MOSsX.J. Con i«I m7»';0)>4Ft Wayni'lal n 7»
Chic* SW.nf 7«*101
Rock laid 1st m 78 ICKVi
69K•69•S6
•20X
•.hU•17
96103
92VSIX-
•103X'
10^'105'101
102X
•68X•«8X•36
•»H
•17
•«7X96103
92 1«
SIV•37'96
1.
•«8S
•20
«7•9S«102 Sf
92MSliKr-H
•x91IMK 'X99\.... '104*.... '^OSS
lOJ MOIX1U2 lOKX
».
gH•>s•ao
5SH•nxMX96K
•loav92H32
•S7•91
•99«•104H•i«S•lOlX•102
••«8S•36•»)4
•siji•17
8796X103
92VMX•KX•91 1«
•99X104V
, Since January 1. *
.-Lowest.^ ^Highest.6SH Jan. 5 TDX Apr. 26
6SH Jan. 4 TOM Apr. 3683 Jan. 80; 88V Mob. 13
ISX Ju. 34 35 Mch. 13M Moh. :»i 59 Jan. is
SIX Jan. » »»X Meh-M15XMcb.25l21 Jan . ^34 Jan. 10 40 Mch. 36
93X Jan. 30 97X Jan. 18
IPO Jan 5 lOSX Apr. 266, MH Jan. 1789V Jan.
7»V Jai^
81X V93 \'
lOOX '
10»H 1
I 108 Jan.lOOv 99V Feb.ia3nl lulX Jan.
I iw
-li I*6 IOC5 '104
Mch. I»Ian. 19fi-b. 5\pr. IS.Ian. 17Feb. 5Jan. :*Jac. 18
• This 1« the price bid, no Kale was made at the Board.
Railroad and niscelUneons Stocks.—The stock market
has been comparatively quiet on the general li«t, while one or
5#0 THE CHEONICLE. [May 4, 1872.
two specialties liave at times created considerable interest.
Pacific Mail and Columbus, Chicago & Indiana Central—or C. C.
& I. C, as it is called—have been the principal speculative feat^
iires. The latter stock had been almost unnoticed for a long timepast, until brought into prominence by the present movement,and the real cause for this activity is not yet accounted for at all
satisfactorily. The road is one of the Pennsylvania leased lines,
and its annual report for the year 1871, just recently issued, showsthe following
:
Earnings.From freight if3.862.014
From passengers 1,145,831
From mails, express, &c 1 173,492
Total for 1871 »1,170..137
Total(crlS70 S.531.U18
Increase, 18 l-IO nor cent t(lS9.319
Earnings per uiile of road fT.ltW
Expeniieii.
Forcondlu'ting transportation $969,783
For motive power 1,!35,85;J
For maintenance of way *•*•65S,8Si
For maintenance of cars 277,017
For general expenses 89,063
Total expenses 1871 $3,130,100Total expenses 1870 8,886.910
Increase, 9 56-100 per centPer cent of earnings absorbed by expenses 1871, 7.^ 1-10.
Per cent of earninf-s absorbed by expenses 1870, 60 9-iO.
The net eaniiiiijs of Ibis road wereFi-om whirli dednct for rental from Febmary 1 to December
1, 1871. being .^0 p(T cent of gross earnings $1,154,313Less ditferenee in adjnstmeut to April 1, assumed by Pennsyl-vania Itailroad Company ^ 135,088
$373,196
1,040,331
1,019,335
Profit in operating C.C. & I. C, RjiilwaySundry claims paid belonging to previous years.
,
Actual loss in 1871
.
$31,00651,606
$30,(X»
It is difficult to understand from this statement how there canbe any increased value in the road itself.
To-day the market was rather heav^y towards the close, andshowed, on some stocks, the lowest prices of the week.There has been some little excitement in Northwest in view of
the approaching election, but it seems doubtful whether anychange of importance will take place in the management of thecomjiany.
liidlroad harnings Third Week in April.
1872.Erie $134,175Erie, (fourth week) 383,889Michigan Centr.il 132,179St. LoiUs & Iron Mountain 45,985Kansas Paeitlc 78,321Toledo, Wabash & Western 98,«1
1871.
^^51,10S250,.9199,5 '.I
36,731
ibi'osi
The following were the highest and lowest prices of the active
list ofrailroad andmiscellaneous stocks on each day of the last week :
M.T.Cen&H. Bdo scrip
HarlemEriedo prefLake Shore
do scripWabashNorthwest
do pref.Rock Island. ..
St. Pauldo pref...
Ohio * Missip.Centralof N. JBoston,H* E.Del.. L. & W...Hano. & St Joe
do prefUnion Pacine..Col.Cliic.& I.e.West. Uu.Tel.Quicksilver .
.
do pref.
.
PacittcMallAdams ExpAm. Mercli. ExUnited States..Wells, Fargo..Canton
Saturdar,Apr. 37.m% 1009314 n.SH'
138)^ 139S<
»% ;o!,'
•83>4 649! 97Km% 9,3}i
KM tsa80X SIH94X 95
«
1131^ 115«61«{ 6381 1^ SIX4»K 50H
110 111
SX 9X1C81» ;08Xayi 44
mi ii"36« .IBKim 76H45W 43)<6i% 54V'!>» JSk'99!< ....
735( 14
75Si 75X'KiX 85
•91H ....
Monday,Apr. 39.
99J< 1(K)H
93K 93X13a},- ISO69« 10%'83^ 81X97K 97*93)^ nn78S4 7a>«
79X V.ii9 IX 95KW,% llfix
62 63>.;
8IK Sl«50!< 51
M
IIOKIIUX9H 9*m% 108V43>i 45
"63 65m% 41
X
•i1l% 413i(
76M 76«4ax 'I4>i
55 56'i% 74«•98M m%73X '4H76 7981 S5
•93X 95
Tnesday, Wednesd'y ThursdayApr. 80. May 1. May 3.
m% vx)% 93Ji; 99« 99;, 99X^:% 93H tti% 93V 93X 9SJi138H I39K 123X 139 135U 136K68X 69X 68(1 68>i 67 '-m84 ii% •83X 84 •8 IV 84 Ji97 97,¥ W>% 9?M 9«X r,%
•931,- ... 9!* 93« •92X 93••1% 78 77X 78 77X -a%79H 80V 79X fOX Wi •!}%*94« 85 •94 91V ' 91V:i5>< -.lex 114X 1I5K 114Si llli^
6IX 6l;i 61 61X 60V 61X81 81J< 80K m% "SO!,' SCJi50 50X 49M 50X 48K SOX109M 11" •.... llOVi lOOV llcx9X 9M 9« 9V< V>%
•>m% 108V 101 >< 109V m% wax43V 41 43V 4)S< 44 tix61 64H 62 64X 6:1V 6140JS 41X 39V 4u)j S9V 40V89« 41
H
3S 40 87 .39?<
;6X t? 76« 77 76« 77M4314 44K 42V 43V 4?V 43X55K 55 K 54 5JV 53X 54li'A 76V »>(, 77 7IM T7V98« 99X 99 .... •99 99>;-
75 75X 73X .... •.-3X ....it'A 79 :6V 77 76 788-> ^!<H SfiX SR« •83 85
•93M 93;ii •90 56 •02 94V
KrldayMay 3.
mif, H'.H*
93 K "3*1126 136s%% 67V
'8354 84 ij
•MX r,H
77V 77V.9^,- 8flU94 91
W
115',,- 116»,
w% 61 .X
Bl 8i
49 SUM109% m%10 Hi'i
ma m%44 45
•6;tK40 wy3,S'.f 8»«tjn 77K43 V 4363K 54loS ,N
ICO
74X 74H'•X%"Ri•92 95X
' Tbls Is the price bid and asked,no saKwaa made at the Board
The range in these stocks since January 1 has been as follows
:
NTCen&IlRdo do scrip.
HarlemEriedo prefLake Shore
(lo do scripWabashNorthwest
do pref.Rock IslandSt. Pauldo pref
Ohio &MIBS...Cei1tr.1l of N.J.
. Sincer-LOWOHt.
9I>„' Jan.89>; Meh
lOi.'.;, Feb.30 Feb.60 Mch89X Feb.85K .Ian.
70!i! Jan.665^' Jan.90 Feb,105V Jan.r»3v Jan.74X Feb.f^]4 Feb.1083< Jan.
January 1.
-^ ^Highest.—
.
'.mji Anr. 39'> Meh 30130 Apr .2572 Apr. 26SIX Apr. 269SX McIlSOi'4J,- Apr. 1
KO\i Apr. 485X Apr. i!i7'4 Apr. 11
1IR« Apr. 261>!; Apr. 1
83 Jan. 2051« Apr. 1
8 113X Jan. 15
ISoston, H. & EDel., L. & W..llann. & St. .Jos
do do prefUnion Pacillc..Col,Chlc.&I.C.West irToleg'hliulcksllver....
do pret
.
Pad lie Mail.....\danis Exp-essAm Mereb Un.U. S. Exnress...Wells. F. & Co.Canton
Since-Lowest.-
S'A Jan.102H Feb.36X Meh.55 Meh.3B>i Jan.19V Jan.68X Jan.•.'5X Jan.SO .hin.
53% Jan.90 Jan.59 Jan.60X Jan.66X Jan.76 Jan.
January 1.—
,
, -Hlgliest.^lOV Api. 6I12X Mch.1659X Jan. 17
7IX Jan. 1943 Apr. I
4t% Apr.J977X May 344>, Apr..*)56 Apr 3918 May 3
9:'X A|ir.3575>4 Apr.3tl79 Apr.3086X May 1
Wa Mch.35
The Gold OTarket.-Gold, after selling at 113 on Saturday lastdeclined early in the week to 112^, but has since been stronger,and sold to-day at 113i, closing at 112J. The market has still
been sulijoct to speculative control, and in addition to the influ-ences noticed in our last report, the rumors of possible hostilitiesbetween the United States and Spain has been used to advancethe premium. In regard to an export demand for specie it shouldbe remembered that the .shipments of last year had no speedy andremarkable effect upon the price of gold, as the highest pricemade in May was 113i, in June 113^, and in July 113}. At theTreasury sale of $3,000,000 on Thursday, bids amounted to
$6,430,000. Customs receipts of the week have been $2,976,000.
The following table will show the course of the gold premiumeach day of the past week
;
, quotations.-Open- Low- High- Clos-
ing, est. est. ing.Saturday,April 37 1!3 IVZ% 113 li3VMonday, •• 29 il3X 112\ lUV ^li%Tuesday, " SO '.n% 113X U2X 112«Wed'day, May 1 112X 1!2X 11^ U2XThursday, " 2 H2X n3)i 112% 112XFriday, " 3 113H 113X 113X 113K
Currentweek 113 112,',' II3'< 112^Previonsweek ;!!J» lllM 1I3X 112;iJan.l. 1873, to date 1095* 108X 1I3X 113,i|i
The following are the quotations in gold for foreign and Amer'can coin-
TotalClearings. Gold. C urreney.
$3.2S5.(fesl6i;,(W(>,000 $2,47'i,023
5;,!'07.(W0 I,-'.3!,(91 l,813,9:U5.1.203,000 1,336.012 1,531,79029,519.000 1,352,833 1.=1S,18S46,658,0(10 1,422,753 1,607,16121,0OS,l'«) I,0S5,526 1,843,908
261,S24.000 1.685,S20 •.,842,90H364,951,000 1,768,095 2,014,945
American gold (old coir age)4 p. c. premium.
Sovereigns $4 87 O $1 90Napoleou.s 3 33 @ 3 f6German X tbalcrs 7 85 ® 7 95Prussian X thalers.. .. 8 05 ® 8 15German Kronen 6 50 @ 6 60.V guilders 3 90 m 4 00Spanish doubloons 15 90 @ 16 20Patriot doubloons 15 50 @ 15 65
American silver fnew).. — SSJ-atd — 99X
American silver (old coinage;1®2 P.O. premium.
Dimes and halt dimes.. — 96X@ — 98Five francs — dG (<^ — 98Francs — 19 ^ — 19XF:nglish silver 4 ft) a 4 85Prussian thalers —71 @ — 78Specie thalers 104 & 106Mexican doUars 1 04H® 1 OoXSpanish dollars 283 p. c. premium
I South American dollars par
;• Foreign Excliangc—The exchange market has varied someAvliat in tone, but has been upon the whole pretty firm. Nominalrates have been maintained, but a concession has sometimes beenmade on transactions of considerable amount. The subject of theexport of United States bonds or other American securities to
supply the deficiency in our trade balance is considerably dis-
cussed, and if the experience of the past few years may lie takenas a guide, it would be concluded that the export of bonds of oneclass or another is likely to be large. Nominal rates remain asfollows
:
eu nays. 3 flays.London prime b.anKers !09x;eil06V llOXWHOXGood bankers lti9H®M'5(i KOH®.---
" commercial U'9K6*I09X @. .-
Paris (bankers 5.17Jie5.l8X 5.13X65.I3XAntwerp S.iexiSS.nx 5.12K'S6.1SXSwiss 5.I6>ie5.17X 5.)2Ka5.13)«Amsterdam 407^(841 fi!4t,t\iiHamburg 36V@ 36>;(«Frankfort i1%m 4iXiaIlrcmen 793!,671iJs 191i(smPrussian thalers T3M8T3X 72)i&7S
The transactions for the week at the Custom House and SubTreasury have been as follows :
Custom , Sub-Treasury.—^ .
House ^ Receipts. , ^ Payments. .
Receipts. Gold. Currency. Gold. Currency.Saturday, Apr. 27 ... »3S7,tUI »6T3,-..56 51 J623,007 86 $193.386 60 tSS6,l' 8 39.Monday, • 39.... 59!,000 600.IS5 35 1318,839 60 1;'1.316 68 499.185 37Tuesday, " 30.... 568,000 .'67,938 82 108,193 65 83.9,924 85 1.325,338 99WednCB'y.May 1.... 573,000 1,136,718 15 188,595 37 4,7'0.61172 l,2f5.998 27Thursday, • 2.... 653,000 2,(ir9,707 9<i 2,2ri.679 04 7l'20a24 1.013.696 19Krlday, " 3.... 299.000 519,798 67 2,5;'9,912 30 3,635.28187 253,695 14
Total $2,976,000
Balance.Aprll 26 $69.972 219 06 {4,802,626 28
Balance,Mays 163,506,75106 $7,273,?3; 30
New York City Banks.—The following statement shows thecondition of the Associated Banks oi New York Citv for the weekending at the commeucemeut of business on April 37, 1873 :
• AVKKASK AMOUNT OF "^
r, .. ,Loans and Clreula- Net Lepal
BAHKS. Oapltal Discounts. Specie. Hon. Depnslls.TendfrsHew i'ork $3,000.0011 $11,901,01111 $2.111800 $877,000 flO.l'l 5.1100 $1,178,600Manhattan Co 2,050,000 5,5l;,lll0 33l).lOO 9,7iO S.'.Sl.'.t^ 1.10l.,iOOMerchants'... 3,000,000 6,',2l.f.lO 9(;i,20l) .SSI.'jW 4,Io8,'.'0o 8l:i.3lUMechanics 3,000.000 r.,rtls.4(lO .S69.20O 5ll5.;fO 3,P33..')00 7^8.400Union 1,500.001, 1,4-,2,'(10 6)3,100 491.I0U 2,S82,!()0 Si'3;MAmerica 3,000,000 7,;31.-,00 1,146,300 1,300 5,015,80(1 96'.6|0PhtonU 1,800.000 .3.778.100 2M,100 490.SOO 2.251,100 .l;:'.M'0
City 1,000.000 5,818,800 718,500 4,171,700 Oi:;.(«l
Tradesmen's l,'>on,000 3.339,500 si.iffl 718,100 l.i.95,iiOO :;)>,iio
Fulton 600.000 1,971,100 11.5.100 !.,'i46.4;i0 SM.fliOChemical 330,000 6 51'6,'.rO 1C9,910 4.341,fOO l,093,fOIIMerchants Kxchange.... 1.235.000 3 818.500 129,6110 450,:Cfl 2,061,!'l'O 5S5.600Gallatin, National 1.500.000 3,5.-9,2no 247.700 4SS.l(iO 1.5.57,S0C S'O.iOOButchers' & Drovers' SOO.OOO 3.128,700 49 700 M2,800 l.'.76.U») 519.200Mechanics and Traders'. 600.000 1.980 900 9S,SU0 U'5,700 1.28J,!;oo .!8.',2ro
(}reenwlch 200.000 1,029 200 .... 3.V00 79^,100 125.(00Leather Manul BOO.OOC 8,335,100 30(;,800 256,(100 2201,<CO 612,:.(0
Beventn Ward .500.000 1,198.700 C3,MI0 .7J,20O 634.HW 217.800State 01 New York 2,000.000 4.89a,sn0 379,000 557,400 .3,170.700 664.8(0AmerlcanBxchangO 5,000,000 9.784.800 474,700 955.500 4,6: 9.I1OO I,2(i0.:(10
commerce 10.000,000 21,^39,200 .141,600 3,:l2(i,4UO 6.700,00 2.3'.I.;'10
Broadway 1.000.000 :a.2:7.,'00 i;9.80(j 9(Ki,0('0 6,993.i.00 l,8;i.:oetoercantlle 1,000,000 3 909.7iru 137.100 48'>,9(0 3,o61.0l«l 7-7..'00
Paoinc 422,700 1.935..TIO a.mi 4.100 !,r(i8,r«) 367.ii'0
Bepnbllo 2,(JOO.0O0 5.(«1S lldO 919,000 5(3,800 S.snii.WO SBl.ll'O
Chatham 450,000 2,26.8. ';(I0 251,100 129,100 2.175.2(0 3M.I0UPeople's 413.500 1.53.s.(100 8.600 5.600 1,170.100 103.60(1
North AmerKa 1,000,000 3,347.400 3<,2.1('0 3.900 2.VS4,100 ,412,0(0
ttauover 1,000,000 3,201.400 86.500 289,500 1,226,800 ,161.510
Irving .500.000 2,180,000 16.3(0 182.300 2,04!,WH1 r.lS.lM
MetropoUtan 4,000.000 9,795.VX1 866,400 1.185.110 4.i'49.l(W 9.19,(H«)
Citizens 400.000 1.I12.IW) 32,100 ViX.'im 1.857.1(0 39:,5(l.
Nassau 1,000.000 2.;S8.5(!0 37.700 3.900 2,(*0,8(IO F12.'.ilO
Market l.OOO.OOC 2,S"ll,7(iO lOOM 40:.V00 1.7!>S.200 461.. 00
Bt.Nlcholas., ,, l.llOfl.OOO 3.712.11KI 71,1(0 7S6,l(i(l 1.12S.I'(X) Iir.i^l
Shoe und Leailier 1,(100.000 ;i,hi5,h)0 mo.loo 7s8,i«i 2,6 2,;io ",(il,lin
Corn iSxchange 1,000000 J.6;;.io;i 5(,ii(i 5,(j«i M.'J-.'dO ."i2.i(0
Contluental 2,0(».(iO0 S.^;il.5i0 1' 2 .00 .58.-.f(l0 2.02;,Mio i::', iKiO
Commonwealtl 750.000 1.7'il.H'O 8.;«l 338.l(«i i.4,TS.I(»l 4i'i,(HiO
Oriental 800,000 1.5i;.l.5O0 5,l»lo 4,1(0 l.'.'2'.i,ilXJ !.-5 iidO
Marine 400.000 1.S9.I00 fr\W3 860,' 00 1.54;^.7IO 4'8.;iil
Atr.-atic 8OO.COII hlO.'.dO 82,;(10 98,600 613,500 1 IS.'OO
Importers and Traders'.. 1,500.000 I ; .;ii9,ioo 209.' (xi {I'S.Wi ii..5Hi.9iio J.'.i(7.Hio
Park 2,000.000 16(179 4(10 1,216.500 !I'29.W1 I9.3.0,f(kl s.tf'.MOMechanics'Banking Ass. 500,000 I.28l.fOO ,53.2(0 29S.5(iO 1.148,100 812.1(10
Sroners' SOO.COO 73'',f(IO 8,(00 l.POO E75,4iO KE.flONorthRlver 400.000 1.106.(«W 2:.7liO 10.800 9 6,700 217,(10
KastRiver 850.000 1,059.400 114«1 224.500 76('..'-00 847,aO
Manufacturers* Mcr.... SOO.OOO 1,44<J00 SS.IW 700 l.>'U,r.(»l S2I.K0FourtdNatlonal 5,000.00(1 19 175.400 1.3';9,50(; 2,S!2.rilu ;626!,5IO 3.'J76,((0
Central National 3,000.000 9.9:i2,(iim 570,000 I.ISS ..'00 6.6C2,I(0 j.d 3.1(0
Secon-lNa;);!!*!! .300.(100 1.531.000 26'.l«i l.'ilo.tCO iir'.ltd
Ninth National 1,500,(100 6,326,000 OIO.COO 608,(00 5,947.'-W l.'S.llll
FlrstNational 600.000 5.711..100 406,5(1(1 268.200 4.196.400 (11.110
Third National 1,000.600 6,765,7(10 716S(«l ;a.",MiO 5 OS.dO.) !,i(.5.6(0
New York N. Exchange 500.000 1.198,100 8.400 267..'(10 819.4(0 2MI.3CO
Tenth National 1.000.000 3 lU.H'O J8.4(10 8'.s.7(lll ;.3J4.1l;0 772.^(H
BoweryNatlonnI 25O.O00 l,(iso,(iiu 2.7(10 225,mi wa.Sdl 213.0(10
New York County 2(i0,0P0 1 128.'(I0 KiO.OfO 180,000 9:5,100 ISS^I'O
German American l,900.00(i 3.717.900 212.300 3.f,«2,i00 r95,6Wi
Dry Goods l.OCO.COO l,6a'.0(J0 '36,200 1,644,600 3,310
Total ijlao 206 274,986.500 13.1I2J(0 37.840.(00 203.139.1(0 15.!27,100
The deviationB from the returns ot previous week are as follows
May 1, 1872.1 THE nnioNrrT.E. 591
TUo tuUowliiif are lUo toUli) fur
.Inc. il,W.»>l iNot PiMiimll" I""'
IHio. lf..i«wl iM-KnlTundun..... Hic
Borioa of wopks naat
:
»j.*i-.Ji«'
(,.>
JHI, .
aij.v...,,..
i «,7»7.4(«•.!H.4S3.mli;i.:ni.:«iii
j;:),tirii).imi
DmiOKlK.l.i'C.ll
If, lia'«,j.jr.'.ifji
.: -. Mf.)
Hpcri.*, (Mr'-ill'iMnii
.lati. V " "•' ' "" -^'"-""'
riih. a
.
F.'h. 10.
Ki-i> n.,.Kril. -il.... ^JMiinOi i..
March 9..Miri'll l«.
.
Mnreh El..
M ir.'Il ,n.
.
April «...April l.l...
Ai.rirjO...April JI.
Pilii.ADHi.PiiiA n.VNKS.—TUo lollowiriK 1» the averiifre condition
ot tlm IHiilaiielpliia National Banks lor tUe week preceding Mon-
iti.i
31.1-
111..'^.'. l"!
l!",2?l,«<l
1K,|14,.XIU
aT.'('.i..vm
•j;,«iii,ii«
l'.>r».r»:a).'.iKi
•iio,'.o9.lou
V.'l.lKI.Mt^ui,i:.i8,m:i
day, April 2'J, 18^llaiiKM. t';ipll.-il. l^ftHK.
Phll«rl,.lptll« »l,r<«l.(»M fi.ssr.oMN.irlh Amorlcn .... l.n'i.n'O t.nm.ilMITMiuvrit nntl Mccli. i.CHiil.nO S.'i|7.4«)
Conim.^ri-lal .s'.n.HW 2;«7,(««lMOi-liHiilrn' •^UV«>0 J.Wl.itt)
Bank N. I.llwrtlo!. r.i«i.nW !.«W.1I110
8i>nlh»iuk 2V1.W10 '.aild.fl 1)
KnnnlMClou aw.KW lOW.-S'Jl',.nn "ilHI.llOO i;i;«,(i<i5
-A',.>tiTn *«).«« I..v;«.l.f7
M;iinilA.'.luroili'.... 1,'«IU«X) K,1IK.I»1U
liinlvoiConiiiK'rco JdO.onO 7K.0itt
(lir.iril 1,I10«.(100 3,6Hil.lVH)
Tia.l.'Hinin'K *lll.l(0O l,"lll.3f.l
Cinfiillilatlon 30(1,1100 l.lSCWi<iiv 4(10,000 l,.W.'.rl)»
Commonweilltll.... aoO.OOO eSJ.SaC>ril Exclmnite.... 600,000 !,«19.HI0
Uiiiou im.im i,«ir..ci(io
Ki'St I,000,(XM «,II7I.(W
Thiril 3iKi,oco i,u;r),iao
sixth I50,(W0 SSl.lKKl
Si-ri-nth SSO,fOO ssi.awKIclilh 275,000 l.O«.,»MCiMUrnl 750,000 SJ9'.aiOnnak of Republic. 1,000,0(X< J.ilO.lllO
SocntUy S50,tl00 5»1,U)0
Bpcle.tC'i.ddO
ri.H79U,II10
1.70(1
i.null,.01
-'iVki
a,u'.o
'jj(t
i;,iw10,3;6
9.66(1
3,000
i'.im
Total iK't
I*. Tt^nder. lli'ponll^.Clrrnlrtfn.»l,43(i.(»0 |.1,5»;,IJ(XI »l.(_i|l().(«)
fi<'.I.SU
l,:ii!i.tj(io
3'i:!.(l(IO
.'l«,UOO471.11(10
4lll,'«i«
m;,i*ol.M..'>70
207,ir.S
*ki.(l(IO
227 IW
a.'S.n.vi
21'.).lil7
3.-0.6-,'0
72,434SCO 0004(0,000ri'j.mio
S.5".«00
110,1100
213.0U1t7e.ouaSdO.OOO308,000L-9,000
2,7!l.j:'3
a,.'<Kijoo
1.47K.IIOO
1,091) ,000
1 .1KIJ.(I«1
1,2!I7,«10
757.0111
SWi.WlJ1,453.5071.115,5fl0
liS7.or.8
2.''7.\UIO
1.120,18;
7S9.2781,()(H.421
433,591
1.801,0001,523.0110
B.5(|1.000
1,012,5.10
381.0(X)
TT8 0007;!).U00
2.6100001.2I'9,000
3o7,000
;'j2.i.'iO
1,000,000(17.000I75.ir
t51.H«2H9I-..-I
2:11.410
174,5.M)
174 raiM2,IM(1
212,«>-i
.V.i5,ttO
1S1.24727(I,1»<1
355,1(17
212,0W4.50.000
22«,U00?J1 .000
IIH.OOO219,3!30
312.1(05;!l,CI(y
aoouw180,000
OVTUBBN SBOVRITIBS.Soino of Ihoie priccn are neccwwrily nominal. In tbe
of any recent nales.
•couaiTiu.
CItlea.
Atl«nl», 0».,7bilo 8«
A(i(;uMi 11, On., 7ii, l>on<l«
Clinrlci'Kin mock 6« ..
(:liurlinloll,H.C.,7»,K.L.D<l».riilunil>U.». c.,*»('nluiiilMia, (la., 7>,bom»... .
I.ydelilmrir 68Macon 7i, lunula .-•.
McinpliH "111 l>on(l«,»;
do new |.oiida,«a.....
do cud.,U.*C.U.K.MolillcSano 8»
MonlBomcrjr 8a
Nashville OS, olddo G»,ncw
New Orleans 5s ,••;•••
do «o consol.8«...do do bonds, 7a...
do do 10a...... ..
do do to railroads, 68
Norfolk6s....ri'trrsb((rR 6(*
Klclimoudes ....'
Savannah 7s, olddo 7s, new
WllmlnBton, N. C.,6«do do Us
Total .. »l«,aBW) »5t.7c6,013 |a09,0'13 »11.7r2,l(W »ll,270,389 »11.31)1.73J
Tlie deviationa from last week's returns are as loUovvs
:
Loans Decrease tl9!l."58 I Deposits Incroasa tSi9.7S8
Specie Decrease 8,495 (JlrculatloD Dccreaae 15,663
LeiralTciiders Increase 643.314 1
Tlio annexed statement shows the condition of the Philadelphia
Banks for a series of weeksDate.
Jan. 22.Jan. 29Feb. .1
Feb. 12Tcb. 19
Feb. 26March 4March "1
March IS ....
March 25April 1
Aprils.. .....April 15April ii
April 'i'j
Boston
Loans.5«.l«7.9.^a
56.273.01756..118.932
56.201.2:12K>,ST0 96KS»,3!K).7!I3
55.I30.«886,7liS,;)70
9t,:!66.140
81,711, <4r51,671,52964,910.816Vi.(H2.20«5i.9s.'i.r;i
51,786 013
Banks.—Belo
Specie. Legal Tender. Deposits. ClrcnUtloni.tri.im
"11.377.959 4!.75i,7:U ll..160,0;i
10.W,r0 U.6-9.31'3 4.>.'<'9.K!1 ll.:Vi7.4.'9
980.489 Il.29fi,8ti8 42.295.RI1 ll.;lft.1.645
590.;il5 lO.ftiS.OO! 40.625.785 I1,3">5.9SI9
499,;l<fl 10.s94()a2 40.4:!2.7fi« ll.:VI9.6«S
882.868 11.072.817 40.137.828 11,351.291
31B.'2-! 11.067,5l>5 40,:107,856 ll.;).i'3.921
319,562 10,(i3.8,(i06 S9,92'.112 11,401.2;7
2l"i»,.M9 10.197, i7' 39,102.585 11,1:19,556
2WW19 10.188.4ia 38,8:16 0(18 11,1(19.;;;
216,5^3 lO.OKi,^*!) 38,19«,l('6 :i,l!9..">.i:;
212,125 9.778.557 SS.5-.4,4;3 ll,:i:l.;i):l
211A17 10,.525.S1.1 40.'«-..130 11,110,.595
2l7.5:iO ll.lVj.S.;62 40,6'm.iOl Il,4-7..i95
209.0J5 11,7(2.106 4l,2;0,389 Il.:^91.7;«
w we give a statement of the Boston
AU.
National Banks, as returned to the Clearing House, on MondayApril 29, lUTi
:
UanKs. Capital Loan«. Specie. L.T. Notes. Dcposlis. clrcnla.Atlintic $7501)00 aii;i.i.tiHi kaci Qin c<i ion >Jr,7 ':ilit a-lLt Ific
Atllis. . .
.'.'.'.. '.'.."...I .JOO",(X)0
Hlackstonc I,f*«i.iw
Boalon 1,(«W.OOO
noTlslon SOO.OOO
Broiulway 200.0(C
Colniubian l.aXi,0(X)
Contlnenul 1,I«),(»I0
Kliot 1,000,(100
Kvcrctt 200.000
Famuli Hall 1,0(10,000
Freeman's (KlI.OOO
(Jlohc 1,000.000
namllton 750,000
Howuid l/tOO.OOO
Market DOOJMOMassachdsclts 800.000
Maverick 100,000Merchants' »,0IX).O(1O
Moiiii). Vernon 20(i.0l«l
New Knuland 1,000.(100
North 1,000.000111. I Uoslon 9«),000Shiwinnt 1.000,000Shot' dt Leathor 1.(1(I0.(KU
stall' 2,1X1(1,000
WKff.dk 1,51«1,0I10
Railroads.
Ala. *. Chntt.,l8t.M. sa. end.Ala.&Tcnn.K, Ist M.. Is. .
do 2d v., 7s
Atlantic 4 Oult consol.do do end Savun'hdo do stockdo do do gnaran.
Central Georgia, 1st M.,7bdo do stock
Charlotl« Col.&A.,l8tm.,7».do do stock......
Charleston* Savannah 68, end.Savannah and Char., Ist m., le.
fhcraw and Da.-llngton 7s. . .
.
KaatTcnn. & (4eoii;la69.^....Kast Tcnn.A Va. 6i, end. TcnnE.Tenn., Va* Ga., Ht M.,78..
do do 61 >okGeorgia U.K.. 78.
do stockGreenville & Col. 78, guar
do do 7b, certlf..
Kaconft Brunswick end. 78...
Macon A Western stockMacon and Augusta bonds. . . .
.
do do endorsed..do do stock
Memphis & Charleston, Ist 78..
do do 2d 78.
.
do do btock.Memphis * Ohio, lOs
do do s
Memphis ft l.lltlc R.. 1st M ...
n 111
a i»•1 M10 9«m 71Ml 6-4
•(0 7970 TJ•a 7«51 94.V4 9696 CIS2 MIS W75 m60 69M 6053 99Vi 7667 TOl» 10075 7660 6269 7079 8-J
M 8683 8650 60(0 75
78 8390 9689 41!
TS TJ80
10 15
40 49M iS04 A*79 m85 4560 6560 7011 9(1
68 12
68 nm 9399 69M Killm 1041
45 50m 5065 ill
M)5 '08
7(1 7287 HI
20 2585 878(1 8286 3785 907(1 7580 SO
novarriu.
MlMlMlppl Central, lit in.,Ba.do Mm., la...
UlMlsllppl ATenn., latln.,1s.do do conaoM.. 6a.
MontKomerjr* West P.,lBl,8a..do do iBt end.do do Income
M -.kM
.<l.
BI4. A«k.
'»l.
do itu
do dodo dodo dodo do
do ex cifa.88, Interest....2 intg.SaIncomestock ,,.,
N.Orleanadl .lacks. IstM.te.do do 2ddo do cert*a,8B.
N.Orleans & Opelons.lBtM.BaXortb* H. Ala, Ist M., 88, endNashville & Chattanooga, <•...
NorfolkA I'ctcrshitrK 1st m.,a«do do 7sdo do 2d mo., 88
Northeastern, B.C., IstM. 8a,
do '2dM.,88....Orange and Alex.,lsts,6s...
do 2ds, 6a...do 8ds, 8s...
do 4tlia,88...
Orange & Alex, ft Man. lata...
lilchm'd & I'etcrb'g 1st m., 7s
.
do do 2d ra., 6a.
do do 3d m., 8b.
Klch., Fro'ksb'g* Poto.6«....do do do cony. 78,
do do do do 6e.
Ulch. and Daov. 1st cons'd 9b.,
do Pic(Uiiout 88. ..
d-i Ists, 8sHelma, Uonie& D.,l8t M.,7b..Sunthside, Va.. 1st mtg. 8«,
At\ 9(( m (»ll«rlM3dni., guut'd6(....68
dodo Sd mdo 4th m., 88
Southwest. KK., Ga., 1st mtg...do stock
!4partensbnr.ft Union 7s, guarS. Carolina Kit. ! st M, 7a (ncwj
do do 6s
do do 78do do stock.
Va. ft Tenn. Ists, 68
—
do '2d8, 6e...do 3ds 8s...
We8tAla..8a guarWilmington and Weldoh78
—
do chft ituth.lst ni.enddo do Ist M., 83
Past Dne Coupons.
Tennessee state Couponsvl'yinin Coupons
no do deferred..
.
Memphis city CouponsNashville City Conpons
3
817
si"
s«65M81
S«82•59asonM*snnwn*399«T41
BANKING AND FINANCIAL.
Trjiil.'rs'
Tr,.i.i,.nt
\V t-'iniKton.,
1.1 (Granite)...
if Coinmerceof N. AtncrlcaKi'deniptlon..il liopuDllC...It.iiik
Citv,.Kit:!':KM-tiiiiire1 1.1 1'- .^ Leather...U-v. res^'-i'i'ily
l!i.i..:i
Wrl>-terCoiuinonwcaltli...
6III).I«I0
'2.ifl0.(»X)
731.000l,OUI»«ll,(X<Hi-
:»»'
2,l>c.
I.(>«1,»-
un).(«x)1,5«)JXXI1,000.1100
1 ,oixi.«iu
1 .(»l|l,«Xl
i/i(>i.(nD
2,IXM.IU)•200/100
i.(n),0(X)
i..'in).ooo
9OU.00O
UAKVEV ri6K. A. S. Hatch.
4,Kili.i;iO
2,930 Jl'Jl,705,l(ni,Hno,(Ti«)
l.'.'99.".'«l
S.20.'.8I)
4,4;r.»H)7:19 ..'lOO
2."32.'i00
2,i!i2.nn
Total Haaaim) »114.6O3,.-H0 I3.42l.«0 «7,718,70J H6,0»2,700 »25.S19,400
The deviations from the returns of previous week are as follows •
Lo.ms P-c 6:0 400,Deposits Inc., 48'2,«X)
Specie Dec 4 7.0K' Circulation Dec. 80.110
Lalal Tender Notes Inc.. SiW.iail
The following are comparative totals for a series of weeks past
:
" • —'" -'— Deposits. Circuiatlop.
51.2'0.400sn.i;i6,,5iio
48.6M,5(X147.5(tl,000
46.211.90045.636,iK10
45.I78,?>1
Dae. Loans. Rpiiie. Legal Tinder.,Ian. 29 118,791.?W 6.o;.-.,S(W 8,.|2V.IO0
F.-h 5 I19,4C.I.:«10 5,6"2.0(n 7,'.i«9.7(M
Feb. 12 119.719.100 5.011.10(1 7.i;5.100
Feb.H 119,789,110 4.';'il.71l" 7.171.300
F(!h.29 118,207.000 4.lMl,7i<l 7,5()5.5J)
March 4 li:,iw.4(n a.:2r..Ji»i 7.4iC.I('0
Karch II Iir.71i1,»i0 :i,-ri;,iin :.:: a/oi
March 18 i;
Marcll25 I
AprlllAprils 1. ...
April IS 116u;^AUAprliW 11921.1.700AprllW 114.6«9,300
'r. .747 .91X1
•25.'.5I.IV1II
25. 6711.50025,67i<,7flO
25.;
25.
,".llf
ri.W)
l.ioii
'.<0,100I.80O
FISK & HATCH, BANKERS,
Jfo. 5 Nassau St., New York.
No one needs now to be assured that Government Bonds are good. But, at
present market prices, the rale of interest which they pay upon their coat is
toolow tomeet the viiwsof raostinvestors. Hence the conetant in<iulry for
soracthing safe that will pay better.
To meet this imiuliy satisfactorily to onrselvcs and customers, we can re-
commend only such securities as we luow to possess the essential <itiHliflca-
tioDB of nnqueetionable securUy. The securities to which we have Bivcu the
necessary attention to enable us to recommend them are
:
TnE BOND.S OF THE CENTR.VL PACIFIC RAILROAD C41MPANY.
Originally ncRotiatcd by us, and which we now buy and sell at market rates.
They arc widely known and highly esteemed in all the principal money
markets of the world, and arc dealt in at all the principal Slock Exchanges In
this country and Europe, where they Uke rank in popularity and market value
next to the Bonds of the United States Government. Present market price
about 102>i.
TUE SIX PER CENT BONDS OF THE CHES.VPEAKE AND OHIO
R.MLROAD COMP.VNY,
secured by a First Morlgagc ni>on their p-cat East and WcatTmnk Line of
Railroad, cxtenduis from the Chesapeake Bay to the Ohio River, forming a
short, easy, low grade, and economical Ihrongh route for the transi>orfaUon
of Western products to the sea, and traversing the wonderful Iron and Coal
depostU of Virginia and West Virginia, wWch arc well known to be among
the most important, varied and valuable on this Continent.
We have these bonds stUl for sale, for acconnt of the Company, at 94 and
accrued interest. Interest payable May and November, rrlnclpal and In-
terest payable in Gold in the City of New York. DenomlnaUons :$1,000
$fS0O, $100, Coupon or Registered.
Fall information furnished on application.
We bay and sell Govebnmnt and Cihtiial Pxcmo Bokm; iwsdva
deposits, and aUow Interest on baUncea ; make coUecHons ;laaoe etrtileatea
.1110
.',i09
iis^isooIof depoalt, and do a general banking bqtlness.
25.
'«,8ia,40U <FISK A BATCH.
59U THE CHRONICLE. [May 4, 1872,
UKNKKAL QUOTATIONS OF STOCKS AND BONDS.The most active stocks and bonds arc quoted on a previous page. In New Yorfc, prices represent tlie per cent-". valno, whatever the par may be. "Southern Securftles," (except states), and N. Y. "I-ocal Securities" are quoted
In separate lists. ___^
STOCKS ANI> BBOUBtTIXB.
NE-W YORK.(U. S. Bonds quoted before.)
State Bonds.Tennessee 68, olddo do new bonds
Virginia 6s, old• io do new bonds
do registered old
—
do do 1866...,
do do 1887....
do consol, bondsdo deferred do
Georgia 68do 7b, new bondsdo 7s, endorseddo 78,Gold
North Carolina 6s. olddo do to N.C. R.R. Co..
do Funding Act, 1866,
do do 1868.
do new bondsdo SpeclalTax
South Carolina 6s
do do Jan. & July...do do April* Oct...
Missouri 6bdo Hau. & St. Joseph.
Louisiana 6bdo new bondsdo 6s, new floating debt.do 6b, levee bondsdo fis dodo Ss do 1875..do 78, Penitentiarydo 88 of 1910.
California 7sdo 7s, large bonds
Connecticut 68Rhode Island 68Alabama 5b
do 88do 8sMant& Buf'laR..do Es, Alab. & Chat. R..
Arkansas 66, funded
dododododo
dodododo
dododododo
7s, L. K. * Ft. S. IBS.
7b, Meninbls & h. R..7s, L.U.,P. B.&N.O.7b, Mies. O. * R. RlT.78 Ark. Cent R
Texas, ICs, of 1876.
,
Ohio 6s, 1875..
do 6s, 1881do 68, 1886
Kentucky 68nilnoia canal bonds, 1870.
do 68 coupon, *77...do do 1879..do "War Loan
Indiana 58Mlohlgan Cs,187S....
do 6s, 1878Jo 68,1888do 78,!8T8
New York Bounty, reg..do do coudo 68, Canal, 1873do 6s,
68,
6b,
dododododododo
5b,
5b,9s,
dodododododododo
18781874187518771878.. ..
18741875....1876....
1883..1880.,
Railroad Bonds.N T. Central 68, 1883
do 68,1887do 6s, real estate.,do 68, subscriptiondo 18,1876do 78, conv. 1876...do 78,1865-76
Brie Ist Mortgage Kxtended.do l8t do Endorsed,do 78, 2d do 1879fio 78,3(1 dodo 78,4th dodo 78,5th do 1883Long Dock BondsBuir. N. V. & K. 1st M., 1S77....Hud. R. 7s, 2rt M.S. F. 1885do 7s, 8d Mort., 187ri
Harlem, l8t Mortgage 7ndo Con. M. & S'kgl'M 68,
Albany & SusQh'a, 1st bonds.
,
do do 2d do ..
do do 3d do ..
Mloh.Cent.,l8t M.8B, 1882Chic, Bur. & Q. 8 p. c. Iflt M..Mich. So. 7 per ct. 2d MortMich.S. & N I.S.F.Tp.c...,Paciflc R. 7a, guart'd by Mo..
.
Central Pacfllc gold BondsUnion Paciflc Ist M'ge Bonds,
do Land Orants, 7b,do Income !0s
Illinois Central 7 p. ct., 1875..Bellevno & S.Ills. R. ist M. S's,Alton *T. II., 1st Mdo do 2dM,pref.do do 2d M. Income..
Ohic. A N. WeBtern S. Fund,do do lut. Bondfdo do CouRol. bdedo do Kxtn. Bdsdo do Ist Mort..
Ban. & St. Jo. Land Oi ants. .
.
do do convertibleDill., Lack. * Western, iBt M.
ilo do 2dM.,Tol.4 Wab'h, 1st Mort. exfd.
do IstM.StLdlv.do 2d Mortdo Kqulp. ]}dsdo tons. Convert,
Hannibal & Nap 'ns IBt MGreat Western, l«t M..lss'i
do 2rt M. 1893....Quincv & To].. iBt M., 1890...HI. & So. Iowa, Ist MortUiilena & Chicago Kxtended .
do IM Moit. ..
Chic. R. Island * PaciflcMorris & Essex, 1st .Mrrt„ do do 2d MortOlove. & Tol. Sinkmg Fund ..Hew .Jersey Central, 1st M., n.
„ do do 2d Mort,Pitts., Kt. W. & Chic, 1st M,...
do do 2d Mort.JO do 8d Mort.
„ ^". „ << J 8 . 0. eqt bdsDnb. 4 Slonx C, iBt M..
696SK
635<n
no"
62k
999993981001U8XM'A1119
107107107
107UI7
100•Ul100
9X93>483»8MlM100
Din
979392
WJi96•MlOO
100
9SM100
97100101102K12X
102^
lOOX
HH
:oix
97„,
106)4102
102
STOCKS AND SKCUBITIBB.
9->j-.00
163"
.,, 92K81*1 S\%
lOOji
95"
iOOJ100
•.Oil
9!X.00 KM96 S^ 9897 m92^4- 92H93 95
89
96 ^(
8914 9091
930596
J2H 103
10699 Sty,
OiX 10301 105
06-.02
vA'>i
Peninsula Itt Mort., conV ...
Ck've. «s Pitts., Consol, B. F*d.do do 2d Mortdo do 3dMort'I.I do 4fh Mort
Chic. * AHon Sinking Fund.
,
do do iBt Mortgage...do do Income
Ohio & Miss., Jst Mortgatfe....do Consolidated—do 2d do
St. L. & Iron Mountain, let M.M11.& St. Paul, 1st Mort. 8s..
do do do 7 3-10
do do 1st Mortdo do I. & M. ddo do 2d M
.Marietta & Cln,, 1st MoitChic. A Milwaukee Ist Mort...Joliet & Chicago, iBt MortChic. * Gt Kasteru, 1st Mort..Col., Chic. & Ind„l8t Mort...,
do do 2(1 MortTol., Peoria iV. Warsaw. E, D,
,
Ao do W.I)..do do Burl'n DIv.do do 2d M..
Hew York & N. Haven 6bBoston, H. A Erie, Ist mort. ..
do do guaranteedCedar Fulls A Minn., 1st M....Detroit, Monroe & Tol bonds.Lake Shore Div. bondsCleve. & Tol,, n.-w bondsCleve.,P*vIlle & Ash., new bds.
do do old bds,Buffalo & Erie, new bonds ...
St. L. Jacksonville * Chic, Ist
South Side, L.I, 1st MortMorris A Essex, convertible...
do do construction.North MisBoari, Ist Mortgage,do do 2(1 Mortgage,
Jefl'erBon RR, Ist Mort. bonds,N. J. Southern, 1st M., 78K. Tenn,, Va. & Ga., Ist M., 7s.Am. Dock & Im. Co. 7. *86«' Union Tele. lBtM..7 1S75.
Winona & St. Peter. 1st M ...,
Bonds not Quoted atthe N. Y. Board.
Arkansas Levee bonds, 7sAlbany City, 6's
Cincinnati 7-30'sChica/;o 6'8
do 7'8
Cleveland, Ohio, 6'b varlouB. .
.
do do 7'B various..
.
Cook County, Ills, 7'8
Detroit City, 7'8
St. Joseph. Mo, 78Mis ouri Par., 6s, goldAtchison & P. P 'T. 68 goldOallfornlB Pac. RR. 7'8, gld....Central Paciflc. 7's, 1882, gold .
do State Aids, Ts.Western Paciflc, 6s, goldKansas Paciflclst M., (gold) 7,
do IstM.(gld) 6, J. A n.do iBt M.Cgld) 6 F. A A.do let M.fLeav.Br)7.cnrdo Land Gr. M^ 7, 1880.do Inc. Bonds,?, No. 16
do do No. 11
Denver Paciflc RR A Tel 7b.
California A Oregon, 6'b, gld..St. Jos A Di.nverE.D..88,goldDanville A Urbana. Ist, 78 gld.Indianapolis A West, 1st, 7b gldSt.L.. A St, Joseph. iBt. 6s. gldLake Sup. A Miss. Ist 7*8, gldSouthern Minnesota, 8*R
Roekfor't, R. I. A St. L. 78, gldPeoria A Rk. I. RR, Ts. goldPort Huron A L Mich. RR. T
do do 7*8, endSontheni Paciflc RR. 6s,goldAtlantic A Paciflc RR. 6's gldCen RR. of Iowa. Ist M, 7*8 gld
do 2(1 M, 7*8, gldChi. A Southeastern RR. 7's..
Pittsburg, Cln. A ^t. Louis,,.Keokuk A SI. Paul, 8s,,, \ryCCarthage A I.ur. 8b .. '
'
Dixon, Peoria A Hun., 8s.
0.0. A Fox R.Valley Ss, 1 soQnlncyA Warsaw, 88 ... leQBIII. Grand Trink I
Chic, Dub, AMinn,. 88..
I'eoria ,<• Hannibal R. 8*8.
Chicago A Iowa R. 8'b... . I .
.
Omaha A Southwestern RR. 8*8
Detroit, Hillsdale A In. RR. 8'8
Kalamazoo A S. Haven RR.8'8.Burlington A M., Land M,,78,
do do 2d S., do 76.
do do 3d S., do 86
Bid. Ask,
senMX100106
,96XIJOl
lli7)i
91 i<
95108
89k789391
88
84H96
52its
its
95)^
9598
97>S929095
98?i9-2X
95
102M90
dododo
dododo
4th S.,do 88.
5th S.,do8s,6tb 3., do 8s.
[Burl. A M. (In Neb.) IBt conv.,IQuincy & Palmyra, esKansas City A C.. 10sSt. Jo. A C. BI . l(.t M., 108Mo. R., Ft., S. A Gulf, stock. .
,
do do iBt. M, 108do do 2d M., 108
Leav Law. A Gal., Btockdo do Ist M.,108..
Michigan Air Line, 88Jackson, Lansing A S.,88Ft. Wayne. Jackson A S., 88. .
.
Gil. -1 Rapids A Ind, guar, 7*s.Grand River Valley, 8sChic A Mich. Lake, S., 88Detroit, Lansing A L, M. 8bSt.L, A So'eastern 1st M. ,8b..
Railroad Stocks.(Not previously quoted.)
Albany A SusquehannaAtlantic A Pacific, prefB"8lon, Hartford A ErieChicago A Alton
do do prefChic, Bur A QuincvClev., Col., Cln, A IndlBCleve, A Pittsburg, gnaCentral of New Jersey, scrip.Col. Chic. & Ind. Central....Del., Lack. & WesternDubuque A Sioux City. . ......
Erie Railway preferred
lanap
.
32 >4
62-04 H:00)4111
92lOOe«85 >i84SS21
3894
93101
?887
85799996 >i
95)4
ma100
8510393100107 >i
107)i107)410;X98
102'.0;
84
84X95
9X
152K91)492 ^J
1111
38X108K70sax'
106)4
162"
95SG96!0S>4
97)494)489 J«
97)410:
10:909997)491
87H10595102 >4
101
100105.00
1895.-6
1895no
67)4irlOiK85)485
.»>*
39tOSH73
84 J«
BTO0K8 AND 8XCTJBITIB8.
Harlemdo pret
Hartford A N. Havendo do scrip,
Illinois CentralJoliet A ChicagoLong IslandMarietta A Cln., let preferred
do do 2a pret....Morris A EssexNew JerseyNew York A New Haven..
do do scrip.N.T.. Prov. A Bost (StonlBgt.)Ohio A Mississippi, prelerred.Panama ,
PitiB.. Ft W. A Chic.gnar.do do special
Rensselaer A SaratogaRome, Watertown A Ogdens.
.
St. LonlB, Alton A T. Haute. ..
do do pref.St. Louis A Iron MountainSouth Side. L.I ..
Toledo. Wab A WcBtern, pref.
iniBcellaneouB StocksAnierleaii CoalBoston Water PowerConsolidated CoalCumberland Coal of MdMaryland Coal....Mariposa prff
do Ist pref ,
N. J. Laid Improvement Co..Pennsylvania CoalSpring Mountain Coal.Wilkcsbarre Coal('anion CoDelaware A Hndson Cana)Atlantic Mall SteamfllllpMariposa (iold
do TruBteeB CertllQuicksilver prelerredWells Fargo scrip. ,. .,
BOSTON.Maine 6sNew Hampshire, 68Vertnont 6bMaseachusetts 68, Currency..
do 6s Gold, 1S76..
do 5s, GoldBoston 6s
do 58,goldChicago Sewerage 78
do Municipal 78Portland fis, building loanBurlington A Mo. L. G "
('heBhire,6
Bid. Ask,
125)4181
1409370«912
94H126)4:4.i
141
78)4116
9790105
y102)4
45
43K7028)4
21552)4
9'2
.20>4
25215
53)4
102)4
47X
81329990150142
"OX1528'2>4
21
X
108)4139
114
S7si102il2
132
Cln., San. A Clev., IstM., 7, ^tt.
Eastern Mass.. conv., 6, 1874...Ogdensburg A Lake Ch , 88
—
Hartlord A Erie, Ist M (iicw)7,do do rertlflcates..
Old Col. A Newport Bds, 6, '76,
do do Bonds, 7, 1877.
Rutland, new, 7Verm't Cen., 1st M., cons., 7, '86
do 2d Mort., 7, 1891Vermont A Can., new, 8Vermont A Mass., iBt M.,6,'83.Boston A Albany stockBoston A Lowell BtockBoston A MaineBoston A ProvidenceCheshire preferredCln,,SiincluBky 4 Clev. Btock.ConcordConnecticut RiverConnecticut 4 PaBBumpslc, pf.RaBtern (MasB.)FltchbnrgIndianapolis, Cln. A LafayetteManchester A LawrenceNashua A LowellNorthern of New Hampshire.Norwich A WorcesterOgdens. A L. Champlaln
do do pref...Old Colony A NewportPort..Saoo A PortsmouthRutland common
do preferredVermont A CanadaVermont A Massacflusetts
PHIIiADEI^PHIA.Pennsylvania 5s, 1877
do Military Loan 68, 1871
do Stock Loan, 6s, '72- "77
do do 68, •77-'82
Philadelphia 6s, old.do 68, new, . . .
PlttBburg Compromise 4)48do do 58...do Funded Debt 68
Alleghany County, 5...,
do do 68, '85 87
Belvldere Delaware, 1st M., 6, 94)4
do do 2d M., 6. E2Xdo do 3d M.,6. 81
Camden A Amboy, 6of '75 96
do do 6of'83 92
do do 6 of '89 91)4
do consol., 6 of '89. . ?6>.
Cam. 4 Bur. A Co.^lst M., 6...Catawissa, iBt M., 1 36)4
Elm. 4 Wil'ms, 58 58
do do 78, 1880 90
Hunt. 4 Broad Top, Ist M., 7... l<f>
do do 2d M.j 7, *75, . . 85do do Cons. M., 7, *95. 47
June, Phlla., 1st M.,guar.6, '82. S7
Lehigh Valley, tst M., 6, 1873. . 98
do do Ist (new) M.,6, *9J. 95)4
Little SchuylkIll.l8tM.,7, 1877. 97North Pennsyl., 1st M., 6, 1880.. lOl JC
do Chattel M., 10, 1887. 1O8
do 2d Mortgage, 7 97)4
OllCreekAAlleg. R.,lstM.,7. f3>4
Pennsylvania, Ist M.,6, 1-80... ;01)4
(to 2d M.,6, 1875.... 97Xdo l)cbcntureB.6,*69-'71 98
Philadelphia A Reading, 6, "71.
do do 6, '80.
do do 6, *86.
do Debentures, 6,do do 7, "93
do do 7,gen. M,cl910to do 6, regis'd 1910do do 6, gol'l, 19:0,
Pblla, AErle,lBt M. (gold) 6, '81
do IBt IC. (cor.) I, '81
Bunbury 4Krle7s
99102)4105
iOlH5274*
126)4
79117
97>i94
97'h2755
J05
95)4122
31)42)4
54
2K.
9JX
98)4
22)4
90108)4
lOOS2
1(2)4
iMx00S9S9HM
47)4
100102llil
98
84X10: X97X
STOCKS AND 8BCUBIT1BB
Phlla. A Bunbury 78, 1872Phll.,WIlm.4BaK,lstM.,6,'84Westch.4PhlL,l8tM.,conv,7.
do do 2d M.,6, 1878...West Jersey, 6, 18S8Wllmlng. 4 Kead.,lst M..7. 1900
do do 2d Mort 1902.Chesa. A Delaw., Ist M., 6, '86.
.
Delaware Dlv., 1st M ., 6, 78 . ,
.
Lehigh Navigation. 6, '73
do Loan of 1864, 6, •84
do Loan of 1897, 6, '97
do Gold Loan of '97, 6, '97
do Convert, of 1877, 6,Morris, 1st M., 6, 1876
do Boat Loan, S. F., 7, '86
Schuylkill Nav., 1st M., 6, 1872do do 2d M.,6, 18-2..do do Improv., 6,1870..
Camden A Amboy stockCatawissa stock
do preferred stockElmlra A WIlllamBportElmira 4 WIlllamBport pref.Lehigh Valley, (ex d. A ex al.)Little SchuylkillMine Hill A Schuylkill HavenNorthern CentralNorth PennBylvanlaOil Creek A Allegheny River,PennBylvanlaPhllatielphla EriePhiladelphia 4 TrentonPhlla., (ierman. 4 NorrlstownPhlla., Wllmlng. 4 Baltimore,West JerseyCheBapeake 4 Dela. CanalDelaware DivlBlon CanalLehigh Coal and Navigation..Morris (consolidated)
do preferredSchuylkill Navlgat'n (consol).
do do pref.Susquehanna 4 Tide-Water. .
.
West Jersey 7b, Jan. 4 July...Penn 4 N. Y, Canal
BAI^TimORB.Maryland 6s, Jan., A.. J. 4 O..
do 6b, DefenceBaltimore 6s of '75
do 1884do 68,190Cdo 1890 Park 68 ,
Baltimore 4 Ohio 68 of '75
do do 68 of '90
do do 6b o I '85
do (N. W.Va.)2dM.68do 3dM.6B
Central Ohio. iBt M.,6Marietta 4 Cln., Ist M., 7, 1891
,
do do 2d M., 7, 1896,
Northern Cent., iBt M. (guar) 6
do do 2d M., 8. F., 6, '85,
do do SdM.,S. F.,6,I90<ido do 3d M. rV. AC)6,'77do do ConB. (gold) 6, It'OO
Pitts. 4 Connellsv., 1st M.,7, '98
do do 1st M., 6, 188(1
West Md,lstM., endorsed, 6, '90
do iBt M., nnend., 6, '90..
do 2d M.,endorBe(l,6,'90.BaUImore 4 Ohio stock
ParkerBburg BranchCentral Ohio
do preferredCINCINNATI.
Cincinnati 5edo 6sdo 7-308
Ham.Co.,Ohlo6p,c. long bds.do do 7 p.c, 1 to.5yrs.do do Ig bds, 7 A 7.30b
Covington 4 Cln. BridgeCln., Ham. A D., 1st M., 7, 80...
do do 2d M.,7, '8.5...
do do 3dM.,8,TJ.,,Cln. 4 Indiana, Ist M.,7
do do 2d M.,7, 1877.,Colum., 4Xenla, iBt M.,7, '90.
Dayton 4 Mich., 1st M.,7 81..
do do 2d M.,7, '84..
do do SdM„7, '88.,
do To'do dcp, bds,*?, '81-'94,
Dayton 4 West., 1st M., 7, 1906,
do do 1st M., 6, 1905.Ind., Cln. 4 Laf., 1st M.,7do (I. AC) 1st M.,7, 1888
June, Cln. 4 In(l.. 1st M., 7, '85.
Little Miami, 1st M., 6, 1883 . .
.
Cln, Ham. A Dayton stock.. .
ColumhuB 4 Xenia stock ex dDayton A Michigan stock ex d
do ape. st'k guarLittle Miami stock ex. d.
I.Ot)ISVILI.E.LonIsvIlle6B, '82 to'87
do 68,'97to*98do Water 6s, '87 to '88.
.
do Water Stock 68, *97.
do Wharf68do special tax 6s of *89,
Jeff., Mad. A I,IstM.(IAM)7. *ai
do do 2d M,,7,dnel900,do do 1st M.,7, 1906...,
LonlBV. C. 4 Lex., Isf M., 7, '97..
Louis. 4 Fr'k., 1st M., 6, *;0-'78..
do LouIsv.Loan,6.'81.L. « Nash. Ist M. (m.s.) 7, '77..do Lor,. Loan (m.s. 16, '86- "87
do do (Leb.Br,)6,'86do l8tM.(Mem.Br)7,'70-'75.do l8tM.(Leb.br.ex)7, '80- '86
do Lou.L*n(Leb.br.ex)6, '93do ConBOl.lBt M.,7, 1898....do do 21M
.lefferson.. Mad. 4 IndLoulsv., Cln. 4 Lex., pref
do do common.LonlBvIlle 4 Nashville
ST. I,OI7IS.8t LoulB 6s, Long Bonils
do 68, Short do4o Water6B,golddo do do (new)do Park 6b golddo Sewer Special Taxes
North Missouri, 18tM.7sdo 2d M.7sdo '8d M.75
Paciflc (of Mo,) l8tM.,gld,««.St. L., Kan. C. 4 Northern. ..KaDsas Paciflc stockiBBourl Pacinc do
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Maj 4, l->72] THE CHRONICLE. 593
ft\)t Hatiiuntji iHonitor.LATSST inTBLI.IGKNCK OF STATE, TITT AND
MAILROAO FINANCES.
tjp- EXPI.ANATIOX OK STOCK AND liOND TAHLES.
1 . PrIceM nt Uw moHt Acttvc Stockfl and HoDdrt are j;lvcn in thci *' Bunk-ers' (iazottf, " prcviuuBly. Kull quotatiuua of all other BecurltioK will bofonnd on prrredinK pa^ue.3. (>uveriiinrn> Necnrltlea, with full Information In rcmrd to pach
Ibbiic. the prriotlrt of Inlcrput pflymrnt, Hiao or dnnomlnatlon of bondK, andnnnuTouf* iHhrr tU'tnlli*, arc eivcii In the U.S. Debt Btatement publUhcd InThe CiiHoNici.K on the (IrMt of ench month
,
8. rily KoiiflK, and Hniik, Iniiiirnnce, C'lty Railroad andGas Slot'kii, uiih 4|iioitiii<>ii»i, will iiHunliy hr ptiblitshud the flrttt threeweckc of cnrh nioiilh, on Ilir pn^'i- ininu'djnfefy preredinc Ibiw.
4. The roniplofo Tnblo of stnto Srriirlileit, CUr ScoiirN• lea, and lliillrond niifl iniKrpllnnpoua Stork* and Hondawillbr rejinlarly published on the hint Saturday in eich month . The piil)ll-
ration of these tattled, oeciipyinjr fourteen pajres, requires the Uwue of aciipplement, which will be neiillv mltched in with the reftular edition ; TiiKCuKo.vicLK contalnhiE thin sapplenieut will be printed In sufficient numbersto supply regular subscribera only. Single copiea without the supplementsold as usnaK
INVESTMENTS-PRICES OF NEIV RAILROAD BONDS.It is an exceedingly interesting subject for the observation of
investors to notice tbe large difference between the prices at
which new loans are brought forward in our market. It mightbe supposed that there would be a certain price at or near whicht'very legitimate enterprise would enter the market with its
demands for capital, and that those which fell below the usual
rate would fail to attract investors, while those which exceededit would excite suspicions of their unsoundness. But such does
not appear to be precisely the fact ; and there are numerous rail-
road enterprises always competing for loans in this city at
very difTerent rates of interest, all of them claiming to havegood prospects of becoming prosperous and Bubstantial compa-nies. Taking, for instance, the list of new loans, as puolished onpage 550 of The Chronicle of April 27th, we find that amongtwenty-five leading railroad loans, the prices vary all theway from 94 for a 6 per cent gold bond to 95 for an8 per cent, gold bond, showing a vast difference in the rates
which different companies pay on their loans. It is not an alto-
gether fair conclusion to assume that the soundness and prospect
of ultimate succees of each company is exactly proportionate
to the rate of interest which they pay for money, though such is
unquestionably the general view taken by capitalists and finan-
ciers. There are, however, some other elements to be considered
besides that of credit—the skill and reputation of the bankers
negotiating a loan, the near or remote location of the railroad
under construction, and the length of time allowed for selling the
bonds—are all elements which have an important bearing upontbe price of negotiation, although these are not immediately
connected with the ultimate success of the road as a paying
concern.
In regard to new loans we desire to place before our readers the
details of each of them, together with the names of the bankers
by whom they are offered, and thus enable them to form their
own opinion of the security and probable success of each particu-
lar enterprise. It would not be within our province to speak
decidedly in favor of certain loans or against any others, but, withthe facts before them, our subscribers can form a satisfactory
opinion in regard to the merits of each.
Mate, City and Railroad Bond* on ivhicfa Interest la paidIn June^ In Neiv York.
For the convenience of investors, we have compiled from ourextended stock and bond tables the following list of State, City,
and Railroad bonds, upon which the semiannual or quarterly in-
terest is payable in Jane. In buying or selling bonds, the periods
of interest paymsnt are esaential to be known, and the table be-
low will Bhow at a glance the various bonds which will be sold
ex-interest in June.
Georgia State Ts. B. & \. RRNew York Canal Debt, ft's.
Albany fi'a of "t>4.
Cincinnati 6'8, RR. & Improvement.do 7 3-10.
do Improvement T».Detroit Ts.Lonisville 7'8. Sewer bonds.New Orlean.s Wharf, 7 3-10.
Savannah 7'6 HR.St. Louis Water 6'b.
St. Paul RK. 6"8.
Cayu;;a Lake. Ist mort., 7'«.
C. Valley. Sharon & .MbanT.lst M, 7's.
Winona & St. Peter, L. 0.,'"'«.
CAN. W. Monomonee. exteii . 7's.Chic A S. \V., 1st mort.,7'n.Chllllcolhe & Brunswi<k, 1st M.. 8'9.
CIn., Ham. & Dayton, .Id mort., 8'».
Cin. & Indiana, 1st mort.. 7'8.
CIn * Iiid. .Innctlon Sd mort., 7"b.Cln.. Sandusky & Cleveland, 7'8Clove. Col. & Cln.. 1st mort.. Vs.Vnion & Logansport, Jst mort., 7'b.
Detroit. Hillsdale &lnd., IstM.Erie. 5tn mort., 7'8.
8'8.
LoBg Dock bonds, 7's.
St. Joseph & Council Bluffs, 2<t M, 8'».Kansas City, Ist mort.. S's.
Kentucky Central. 3d mort., T».flunction. ist mort., 7's.
.lameslown & Franklin. 2d mort., 7'8.
Lexington & SI. Louis, let mort.. (('s
Long Branch * Sea Shore. 1st M . ti's.
Tebo & Neosho. 1st mort,. 7's.
Montgomery & Enfania, 1st mort. R'sN V r.nrral &H. H. RR. renewal 6's.'I 'T. 3d mort., 7's.
iithwe^lem, 1st mort, 8'sI i\ .t Chic. IstM., 7's.
d" do id mort,7"8
Rome. Wat, & Ogdens.. guar., 7'sdo. do S F.. r».
St. Paul & Paeiilc, M mort . 7*8.
Shehoyuan A Fon du Lac.Syrac."a Binehamton, id mort., 7'b.
Tol., PcorU a Warsaw, lat mort, Tt,
Alabama PInaaeea.—PtnicRASK OF THK Alabama k Chat-I-ANOOOA Railroad.—On ihe 26th Of February, 1872 an act ofthe Legislature of Alabama was approved, entitled " An act toprotect the Suio In its liability on account of ratlroads
"
The provisions of the act are the following
:
That In any case where It shall be necessary, under Judicial nroreu ••nltofrom any of the courts <,f the United Stales, u> Mil any rallroad^nhli HliS.'either in whole or in part, for which the Atale 1^ or Sir blfc^e iShU SJ.'account of having Indorsed or Issued bond, in aid of the eonstnictlon of lochroad, the Governor Is hereby authorlicd to bid for such rmd at anv .nehsale, to the full extent of the liability of the 8Ute so contracted" and If thiState shall become the purchaser, to resell the same for ihe amount of snchliability, including the prlnrlpal and Interest, retaining the title until the onrchase money shall be paid, and taking such further security for Us Darmeat aamay be necessary.
^j-.»..v—Under this act the Governor recently ^ugbt in the Alabama A
Chattanooga Railroad at the sale in bankruptcy. His action,however, seems to bo very differently regarded, for while it isapproved by some it is severely criticised by others, as an unfav-orable move for the State. We find the following in an Alabamapaper
:
" Regarding the State now as the purchaser of the road, tbeestimated liabilities of the State on account of the company maybe roughly stated in round numbers, as follows
:
Indorsed bonds on which Interest has already been paid by theGovernor $4 7-20 000
Interest already paid on said bonds by the Governor 830 000Expenses and liabilities of Ulndrat's receivership under the Gover-
'
nor 150 000Fees of lawyers employed by the Governor In Alabama, Mlselaalppi,
'
Georgia and Tennessee lOO 000Taxes due on propertv of company to State 50,000Straight State bonds lent to company 2,000*000Interest on same, with premiiini on gold '352'00OInterest on indorsed bonds, falling duo lat July next, with preoilom
'
ongold ... 300,000United States cl.^Im 30,000Georgia State claim and interest 3.35!ooOPurchase money bid by Governor for the property ai2,'o00
If the Governor had not bought the property for the State yes-terday, but had allowed the bidder who bid $311,000 for theproperty to become the purchaser, thin the purchaser would haveheld the property subject to every lien of the State, and wouldalso have relieved the State of very heavy items."
PlttsbnrKb, Cincinnati & St. Lonla Railroad. ANNUALReport for 1871.—The Directors' report states : Tbe annualmeeting occurring so soon after the end of the year, it is quiteimpracti<»ble, in view of tbe extended operations of the Com-pany, to give the actual resulis of the years bu.-iiness.
Those herewith presented, thereupon, are based upon the set-tlement of the Company's accounts to November 30th, ult., withan estimate for the additional month of December.The earnings and expenses of the Road operated by your Com-
pany during the past year were as follows
:
Plttoburgb, Cincinnati & St. I^onls Hallirar.lAiunses.
From freight t3,.?S0.076 83From passengers 77.3.532 04From mails, express, &c 223,366 17
Total for 1871 $.3,316,978 44Total for 1870 2,864,559 24
Increase (15>i percent.) f4S'2,414 20Earnings per mile of road 16,500 OO
IX7EKSI8.
To conducting transportation $871.217 70To motive power 703.253 14To maintenance of way 6*>7.517 61To maintenance of cars 180,949 68'To general expenses 51,140 54
Total for 1871 $2,374,978 67Totalforl870 2,115.790 36
Increase (12 2-10 per cent.) $258,288 41Per cent of earnings absorbed by Espeuses, 1871 71 6-10
do do do 1S70 78 9-10The net earnings of this road were 942,394 77From which deduct for one year's Interest on fundeddebt $669,090 OO
Hire of equipment (since purchased) 27,322 07— 696,411 07
ProBt In operating P., C * St. Louis Railway $-246,482 70or this amount there has been paid for Interest thatmatured prior to January 1st, 1871 $280,106 06
Rent of equipment.. 61,260 15Sundry old claims 41,854 63—$363,222 78
Actual loss in 1871 $116,740 03
Iilttle miaml Railroad.BABNIKOS.
Fromfrelght $929,233 15From passengers 090,5(6 61From maila, express, Ac 146,180 42
ToUl for 1871 $l,7«t,86»nTotalforiaro 1,873,468 38
Decreaae (5 7-10 per cont) $106,986 SOEarnings per mile of road (8.161
It i» proper to state in this connection, with reference to theforegoing decrease in earnings, that there was included in theearnings of 1870, $41, 564, for dividends on 10,391 shares in thestock of the Columbus & Xenia Railroad Company, held by the
Little Miami Railroad Company, and transferred to this Companywith the assets of the former Company at the time of the lease.
Although forming a legitimate source of revenue, and properly
to be taken into consideration in computing the value of the
lease, they cannot be treated as earnings, strictly ai>eaking, of tbe
Little Miami liailroad.EXFncais.
For conducting lrans|)ortallon $448,X« S7
For motive power JE'S **For maintenance of way t7t,*M M
691 THE CHRONICLE. [May 4, 1872.
For maintenance of carsGeneral expenses
l.'!4,232 tiO
W,(K)8 (iO
Totalforl871 |11,2.VKS02 71
ToUlforlS70 l,21'.i,2:)B 7'i
Increase (3',' per cent) J-10,5G() 01
Per cent of earuiufe's absorbed by expenses, 1871 71 3-10
do do do 1S70 05 110The net earnincs of this road were J,500,7r>7 15
Add revenue from miscellaneous sources 55,372 -I'J
Total $502,129 04
From which deduct for one year's interest on fundeddel)t of the Comi>anie8 embraced in the lease of tlie
Little Miami Railroad $1S8,9.';4 3t
One year's dividend and U. S. tax on the same, iiudcr
saidlease 493,8-1773
OrRanization and other expenses 13,874 i>7
Interest on bonds of Cincinnati Street Conncctiou— 0,384 52— 703,041 53
Loss in operating Little Miami Railroad $140,1111 8'i
Add for sundry claims paid, incurred in previous years •23,ir'l Hi
Total loss in 1871 $101,883 05
ColuinbiiH. Ghlcaso & Indiana Central Railway.EABNINOS.
Fromfreifjht $2,852,014 23From passen;^ers 1,145,831 62
Fr*>m mails, express, &c 172,40*2 03
Total for 1871 $4, 170,
Totalforl870 3,531,
Increase (13 1-10 per cent)... $630,319 7-!
Earnings per mile of road $7,104
EXPENSES
.
For conducting transportation $060,788 00For motive )>o\ver 1,1';.5,8.')3 17For miintcnance of way 6.'>8,.'i8l 33For maintenance of cars 277,017 85ForRoneral expenses 80,062 30
Total expen.'ics. 1871 $.3,130,106 25Total expenses, 1870 2,856,010 16
Increase (9 50100 per cent) $27-3.190 09Per cent of earuin;;s absorbed by expenses, 1871 75 1-10
do do do 1870 80 9-10The net earninfis of this road were 1,040,23163From which deduct for rental from Feb, 1, to Dec. 1
1871. being 30 per cent of gross earnings $1,154,313 73Less difTorence in adjustment to April 1, assumed byPennsylvania Railroad Company 135,088 70—1,010,225 03
$-21 006 0051,006 70
Profit in operatinK C. C . & I . C. RailwaySundry claims paid belonging to previous years
Actual loss in 1871
The net result of the operating of the three roadsby the company may now be stated as follows
:
Profit in operating P. ('. & St. LouisProfit in operating C. C. & I. C. Railway
TotalLess loss in operating Little Miami Railroad
Wet profit on all the lines ofClaims paid belonging to previous yeais as before stated
Actual loss on all the lines in 1871To which add net loss to December 31, 1870
$.30,000 10
controIlc<l
. $210,482 7021,006 liO
. $567,189 30140,911 89
, . $126,577 41
.. -438,180 50
. $311,60;j 18575,795 57
Sliowsa total deficit to December 31, 18i1 $887,398 75
FIN.\NCIAL CONDITION.The forepoing n-sult jilaces the financial condition of the Com-
pany, December 31, 1871, as follows:LIABILITIES.
Common stoc'c $1,774,700Common stock of S. & I. R. R. Co., unconverted 725,300
Total common stock $2,500,000 00Preferred stock $2,917,250Preferred stock of S. & I R. B. Co., nnconverted 7,100
Total preferred stock , S 924 350 00Funded debt lo',OOr,140 21-Bonds of Cincinnati Street Connection Railway asBnmed with
lease of Little Miami Railroad 262,.''H10 00Loan of Pennsylvania Railroad Company [,., 3,01'(',R'.I3 21Loan of Union R. R. & T. Company ]/, ']Oo'(MMl 00Bills payable
] (ilo'-;ii(l 72Due other companies ljyt'770 !(0
Due for cui-rcnt expenditures '.'...*.'.".'."...'t^.-t'ooi 36
Miscellaneous liabilities '.'.','.'.'.[... 125803 01Supplies and other assets received with leased roads piiyable at
the termination of leases 1,10'' 471 96
President, Hon. Thomas L. Jewett, and 2,6'36,018 91 had accrued
to Ajjiil 1, 1871, the date at which your Buard assumed tlic active
cliarjte of tlie property. It has been arranged to pay $3,000,000
of this debt by an issue ot an ccjual amount of preferred stiicli at
par, the Pennsylvania Kailroad Company haviug signiliid its
willingness to receive such stock in payment. You will, then;-
fore, be r. quested to vote upon the riuestion of authorizinjj anincrease of |3,500,000 of preferred stock, the excess of $500,000 lo
be held in reserve for future contingencies. The remainder of thedebt due the Pennsylvania U. K. Comi)auy, $-19,893 31, is jiayable
in the income bonds ot the Columbus, Chicago & Indiana CentralKailway Company at jiar, receivable by your Company in paymentof betterments iiutde to that road.
The independent access of the line of your Company to the greatstarting point for the South, at Louisville, had become so impor-tant, and was so entirely dependent upon mere comity, whichmight any day V)e terminated by the intervention of rival interests,
that your Hoard has taken action to secure an approach to Louis-
ville, by a lease of the Jctlersouville, Madison & Indianajiolis
Kailroad, which lease will also be presented to you for yourconsideration, and you are asked to ratify and confirm it at yourpresent meeting. It provides for a rental to be paid equivalent
to the interest and sinking fund on the funded debt of the pro-
jiri.'tary Company, and a dividend of seven per cent per annumoil its capital stock of $'3,000,000. Its terms are guaranteed bythe Pennsylvania Kailroad Company, and it is believei that the
property it embraces will be self-sustaining, besides lormiug anindispensable link in the lines of your Company.
Nortlieusteru Kailroad Company or Soiilli Carolina.-The following is the annual report for the fiscal year endingFebruary 39, 1873
:
The gross earnings have been $305,452The operating expenses 203,';99
Balance $101,653
Comparing these results with those of the preceding year, wefind as follows
:
1870-71.
Receips from freights $200,472 22Receipts from passengers 101,710 48Receipts from malls and minor sources . 19,368 89
'f'>'»' $21,81S,2-ifi 46
To represent which the Company has the following fixed prop-
erty and assets, viz.
:
Cost of road, real estate, equipment, &c $18 0.30 444 .30Additions in.ade to Cincinnati Street Connection liailway '
6403') 00Due for bcltermonts to leased roads, payable in stock and bonds
'
of companies owning said roads 53^ ^fyj 35Supplies on hand !'..!.".!!!' 51"^'728 86Due by station agents, &c ..'.".'. 284
'1.50 21Due by other companies !...!.!.. 416 736 94Miscellaneous assets
**333' 378 96
Sundry securities .'....'::; 506,'8.55 50Cash. 144,228 60
Total ftgO 9.30 82*) 71Leaving a deficit, at before explained, of '887,398 75
Extensive additions have been made to your road and equip-ment during the jiast year, amounting to $1,311,793 92. Thisamount appears in the accounts as part of the "Cost of Road andEquipment." The means whereby this outlay was met, werederived mainly from the Pennsylvania Railroad Company, andwith similar expenditures previous to 1871, form the greater partof the indebtedness to that Company, which as stated above is
$3,049,893 31. Of the whole amount of this debt $3,122,571 28was incurred prior to January 1, 1871, as certified by your late
1871 72.
$190,007 4497.1)59 8517,r25 15
Decrease.$10,404 78
1,050 631,643 74
Total $321,.^51 59 $305,452 44 $l(i,099 15
Operating expenses 230,747 81 203,799 00 26.948 31
Balances $(10,804 28 $101,663 44
Ratio of expenses to receijits in 1871-72, 66 72-100 per cent.
From the above, a decrease of $10,099 15, or five per cent, will
be noticed in our receipts—a result which is to be explained bytbe prevalence of a severe epidemic in our city during the past
summer—the general reduction of the cotton crop—and other
untoward circumstances, a recurrence or continuance of which, it
is hoped, will not bo experienced the ensuing season.
Our operating expenses show a decrease of $.'6,948 31, or
11 68 100 per cent, upon those of the preceding year, while thegeneral condition of the Company's property is as favorable, as
was then reported. ±<o reduction in these can be expected theensuing year.
The liabilities of the Company in stock and bonds are sta'ed in
detr.il in the monthly stock and bond tables of TilK CllBONtCLE
;
these, with floating liabilities, amount to $3,'330,798 08.
To meet thiH indebtedness we have the road, 102 miles long, withits sideiiugs, equipments, &c., at a cost uf $2,148,1.30 65
.\nd assets as shown by the Treasurer 75,286 68
$2,2i.3,417 333,380 75Profit and loss—Balance at debit.
Total $2,226,798 08
Of the new first mortgage bonds ($830,000) we have on hand$23,r)00, to be applied to the redemption of the old bonds andoutstanding interest thereon, and to the partial li(|uidation of the(lomiiany's real estate bonds. Of the new second mortgage bonds($3'33,000) we hold $46,.''i00 lor the redemption of an equal amountof the old still outstanding.The amount of second mortgage bonds originally issued was
$300,000,01 which $115,000 were sold; the remaining $155,000were subsequently pledged and deposited with trustees, as a
security for a corresponding amount of preferred stock. Thispreferred stock is then, virtually, a substitute for and representa-
tive of that amount of second mortgage bonds.Upcn their maturity the new issue of bonds for their redenip
tion was increased to ,$330,000 (to cover accrued interest thereon),
and as the bonds and the preferred stock then bore the same rate
of interest, the conversion of the one into the other, as might be
desired by their respective holders, has been allowed. Thepreferred stock has the single atlvantage of being registered andtransferable on the Company's books, but many prefer foregoing
this, for the convenience of collecting their interest by coujions,
and the greater facilities of transfer, &c., afforded by the bonds.
The total interest for which the Company is annually responsi-
ble on its bonded and other obligations is about $100,000.
The prospects of the Company are much involved in the exten-
sions of its communications northward from Cheraw to Salisbury
—in the construction of the South Carolina Central Kailroad fromLane's Station to Sumter—and, especiall}', in the improvement of
its connection with the Savannah and ('harleston road. Thecompletion of the road from Fri;dricksburg to Washington, andof the tunnel at Baltimore, both now in active progress, will
relieve the Atlantic Coast Line of the present transfers and delays
at those points, and should render it an attractive route to the
passenger.
The Atlantic &. Great W^cxtern Railroad.—Application wasrecently made to the Stock Exchange to have the securities of
May 4, 18/2.1 THE CmiONlCLR /)0r)
tliK Allaiitin fc tlr<'iit WfHtcrn Itatlrond t'omimny ])I«c<hI upoii lli(<
rojfiilar lint of iitipck.s cnllid iit lliii Slock Hoiiril. Tlic ('oiiiinittde
oil Si'ciirilicH lit iiiict* bo^nii nii iiivrtiti(jnti<iii of tliii iifluirn of tlio
Coiiipiiiiy, mill tliclr ri'port will ho innili> ollicinlly ii^xt WediioH-day. Tilt* iollowiu^ iiiU'rwtioft fucta arc foiiuil In it
:
Li'iiL'lh i>r iniiin lliio Iraui Snlamauco, N. Y., (oDnylon, Ohio milei. 3WKranklin liramli IBlliiblmril hranvh 14SllviT (^nc'k linliirh 6Lvafc of rk'vi'ltiiiil it MahouiuK U7
Tolal WnTliii Company lias also an inlorent in tlio loase of tlio Oincinuati
Hamilton & Dayton roail, tlio lou;;tli of which la 67 inilca.
The linaiioliil condition of the road is as follows :
Klrft inorlKi";;'' di-viii p.r i-iiii lioniln, ilnliil Piv. 1(1, IRIl. Ma-lliri! Juii. I. I'.WS. l'riiKi|ial .iiid iiililiBt |mv»l)lo In ^olil iu Lou-iloii. InliTcxl pajubli! Jan. 1 aiiil.lul)' 1 in Ixinilon $18,000,000
Hcoimil mortg»Ko ci'vi' u pcrri-nt. IiuikIk. dated IVc. 16, HSII Ma-tliiu Marcli 1. IMi. I'riiicip'W and InliTiwt pnvalilc in pild InI.iindini Iiilin-Ht payalilr Manli I and Sopli-mbcr l,in London. 12,000,000
Tilird niorl^-nu'i' wVfU per cent, bonds, dated Dec. 10, IHll. Ma-ture Ma.v 1, ll««. Principal and interol payalilc in j-old in Lon-don, luierot pa,vat>le(Hlien earned) May 1 and Nov. 1 in Lou-don, hut no intercBt to be pail uulew earned above all expensesand additions to road 89,000,000
Total Usiicof bonds tr.U,(IOfl,(K)0Capital stock, eomaion and preferred, to be issued to creditors of
tlio old company B0,o;o,000
Total capital *10!l,0O(l,0O()Rorcipts for October, 1871 $.l!i7,'j:il 71Receipt." for November, )8TI 3'.)i,'s7r, anKceeipt» for December, 1871 357,102 67
Out of the lirnt inortgago bonds |9,500,000 worth are hold bytho company to redeetu otitstandiii"; bonds on tho Ohio divisionof the road and the outstnncling stock of tho reorganization truH-tees. $1,500,000 in those bonds aro still in tho Treasury, leaving$7,000,000 to the creditors of tho old compiiny. Of 'ho Recoiidmortgage bonds $8,000,000 .nre issued to tho creditors of tho oldconipanv, and the remainder the company still hold iu thetreasury.
New Vork, Wont Shore & Clilcaso Railway.—The JoitrnnIof Cumiitcrce says : The condition of the Company, as near as hasbeen ascertained, is as follows: Tho West Shore lludpon KiverKailroad Company is under tho management of Mr. Allan Hay,President, and a board of directors, composed of John Van Ness,C. D. Van Wagenen, T.J. S. Flint, and ten others. The Companyhas not been successful, and the bonds have no markRt vahio atthis time. Sales have been made recently at prices ranging from23 to 10 cents on the d.dlar. The New York, West Sliore &Chicago lUihvay Company, Mr. J. M. Courteoay, Chicago, Presi-dent, has agreed with the firsl-uamei Company to take up its
bonds at the rate of .50 cents en the dollar on or before the 2Gthday of January, 187^, and to give in exchange bonds of $1,000of the New Yjrk, V\'est Shore & Chiciigo liailway Company,secured by its lirst mortgage, or cash. Mr. Courtenay hasapiiointi'd Messrs, C. I). Van Wagcnen, John Van Ness andAllan Hay trut<tees to receive the bonds of the West ShoreHudson Kiver Railroad Company on tlie above terms. Tho officeof the trustees is at 3;! Broad street. New Yolk.
Rutland Railroad .lilTalrn.-An informal meeting of quite aniiiuberof the large stockholders in connection wilh tho director< and advisory committee, was held in Boston a few days ago.After a full ('ii.icu8.sion of the present condition of the corporation,it was, on motion, voted •• That as the sense of this meeting theplan of freeing the company from its floating debt by a subscrip-tion to its preferred capital stock will best promote the interestsof stockholders, and we hereby pledge ourselves to subscribe forour proportion of said stock." Acting upon the pledge thusgiven, gentlemen proceeded to redeem the same, and upon thespot subscribed for over $100,000 of stock at par. Severalexpres.sed a willin.gneaa to take more than their proportion tomake the plan a success. This sum, with former subscriptions,makes over one-third of the aiuonnt required.
Kennebec d: Portland.-Thecaseof the Kennebec & PortlandKailroad Company against the Porthind & Kennebec liailroadCompany and otlier-i, to set aside the foreclosure of the mortgageunder which the latter company was organized, decideil by theSupreme Court of Maine in favor of the defi^ndnnts, and carriedby the plaintill's to the Supreme Court of the Unified States bywrit of error, was decideil in favor ol the defendunts, and the casedismisseil for want of jurisdiction. This decision terminates theliiiiration, and confirms the title of the Portland & KennebecUailroad Company to the property.
I'nileil <'t>ni|>aiiiei< or Neiv Jer«c)',—CouMolldalion.—iicsolution.s in fii'or of consolidation liave been passed by thestockholders of each company, under an act of the New JerseyIiegiHlature. ap|irov(Ml March. 1H72, authorizing a consolidation ofthe Delaware k Karitan Canal Co., the Camoen & Amboy Kail-Mad and the Now Jersey Kailroad into one corporation, havingthirteen directors, of whom, at its fir.'t election, ench company is
to choose four, wliilo the Legislature is to elect one.Tho capital stock of the new corporation will lie about
f 19,()(H).I)I)0. Tho elections of the Camden St Amboy and Delawareh Haritan Canal Companies will take place in May, and thst ofthe New Jersey Uailroad in June, during the latter part of whichmouth the consididated conipanies will probably bo fully organ-ijied.
KrIcRallwa).—Notice is given, as reijuired by law, that it
is the intention of the Erie Railway Company to create a consoli-dated mortgage on the property of the company for the purposeof providing funds for laying a third rail, and for other neceBMrypurposes. Dated New York, .ipril 20, 1873.
New Jor-cy inidland.--The track of the north, rn nnd •ou'.h-crn division of tho New Jersey Midland railroad has been con-nected, making a continuous line from New Durham, ihrco milfltabove the Mric tunnel, to the Slate lino, connecting tlie New Jer-»ey Midland with the Unionville railroad at Cnionvilln, nnd withthe New York and Oswego Midland railroail at Middletown.
—The following annoancomcut has been made at the New YorkSlock Exchange
"The New .Jersey HonthiTn Railroad t'ompany have rexnivid to inrreni<e thflcapital stock of the com|>any tiy an issue of ten tlioiisunO ndditionnl «linrc« ofone iliindred dollars each, liiakin;; llie whole amount tnftrr -ii'ti )iiii< r,..., ofthiu;a^)ital stock Ave mUlions of dollars. The object fni •
(ifslock IS almut to be made is to fiiriiisb money for pnreli' rtia
obtaininj; of requisite pier accommiMiaiious, and the L4ii ungcontracts with parties fur steamt)oal service."
(HIjjned) Oito. M. Uaiitiioleiikw, Prcs'tH.J. 8. R.R. Co.
RoMlon, Hartford and Erlc.—Tlio Boston Commrrewl linllf-
fi» replies to a correspondent who inquires how many dill'ereot
sorts of Hartford and Krie securities there are afloat, as follows:" Tho old first mortgage bonds aiuount to $000,(K)0. They maturein 1881, and the seven per cent, interest is due March 1 and Sep-tember 1. There are $14,000,000 of the new first mortgage bonds(Berdells) due in 1889, with interest at seven iier cent, payableJanuary 1 and July 1. There aro also $;},000,00'1 of these nowlirst mortgage Ixmds, in addition to the $14,000,000 which areguaranteed by Krie, duo also in 1889, with interest at seven percent, pavable semi-annually. And liesides all these, there are$4,000,000 first mortgage (/itw Berdells) which the State of Mas-sachusetts holds as security for $'5,000,000 loan to the road. The.share capital of this road amounts to $18,030,960, and tho parvalne is $100. Tlie road is to-day in tho hands of W. T. Hart, C.
P. Clark, and Q. T. Oliphant, trustees of the mortgage bondhold-ers. Tho receivers aro out of office. C Bladley ol Providence,Mr. Chapin of Springfield, and (jeorgo M. Barnard of Boston areassignees of the road, for the whole thing is in bankruptcy.These assignees will take all left after the settlement wilh themortgage bondholders, and pay the ssmo to floating creditors.
We aro not to-day able to give our correspondent the exactamount that will remain to pay floating debt."
The Schuylkill Navigation roinpany. — An adjournedmeeting of the stockholders of the Schuylkill Navigation Com-pany was recently held to decide what action should be taken ontho report of the committee appointed last February.
Mr. C. D'Invilliers offered the following
:
Rffo'red^ That the current c.vpenscs of the company be reduced by the man-agers to five thousand dollars a year on and after -laniiary 1, 1873.
Jiefotcid, That a seini-anmul dividend of 50 cents per stiaro on llic l»refcrrcdstock and 25 cents per share on the common stock be paid to the stocKhoIders.clear of taxes, in ,Jul,v and Janu.iry of cacti year, comniencin;; July, 1872, anacontinuing until the floating debt he paid, and that the surplus income beyondthe $."i,000 allowed for current expenses be applied towards the payment of tlio
floaiin^ debt until it be disciiarged":'
I^e9oTvf(t, That a. cammittcc, composed of one stockholder, one lo.inholder,and one manager of the company, be appointed to consider what furthermeasures may t)e necessary, and to report the same at the next anntuil meet-ing, and ttiat said committee have autliority to convene a special meeting.
These resolutions were agreed to.
The chair then appointed the following gentlomen as the com-mittee designated : Messrs. C. D'Invilliers, stockholder ; HoratioC. Wood, loauholder, and J. B. Townsend, manager.Upon motion, the committee of February was then dischargeJ.
Adjourned.
—
PhUadclphui Prem, April ',''».
Little Rock, Pine Blufl A^ N. O. Railroad—The follow-
ing despatch, published in the Memphis Appeal, is sent to us for
publication :
New Orleans, April 15, IST"^.
Editors -(4p/)W(? .• I have just shipped to Chicot City twentymiles of railroad iron for the Little Rock, Pine Bluff and Now Or-leans Uailroad. 1 am awaiting the arrival of several cargoesmore of iron, purchased for that road, which will be forwarded as
soon as it reaches this port. The comjiany has purchased enoughiron to complete the road to Pine Bluff, and track-laying will beresumed immediately. .V. H. Kv.VN, General Agent.
.%lcxandria Sc FredrickHbnra; Railroad.—Construction
trains now cross the bridge over Occoquan Creek, at Colchester,
daily, and the trac<c from that jwint to Quautico, a distance of 13miles, is being laid as rapidly as possible, and that is half a milea day. An effor* was maile to prosecute tho track laying fromthe Quantico end of the lino, but it was unsuccessful. A half amile a day, however, will coinpleto the connection in twenty-fourgood working days, as the bridges are all finished except that
over the Nealisco, and that will bo by the time the track layers
reach there, am', it is expected that tho other end of the line will
be reached, and that trains will run through to Richmond in six
weeks at the furthest.
—
AUxandrUi ( Vii.) Gaziltc.
Sale or (he Shelby villr Railroad.—The Louisville, Cincin-
nati and Lexington Kailroad has purchased the Louisville andShelbyville Railroad (from Anchorage Station to Shelbyvllle, 18
miles), paying for the road $23,000 per mile, and assuming all the
liabilities. It is said the road will be extended to Frankfort,
Lawrencebiirg and Danvill.'. A meeting of the stockholders to
ratify the .sale will be held in May. The extension of the road to
Lawrenceburg will cost $425,000.
iHobile dc Ohio Railroad.—This company is report<-d to h«Te
made arrangements for an extension to Cairo, III., thus fillinif up
the gap which had hitherto existed between their northern
terminus and the Illinois railway system centering at Cairo.
This extension will complete a close all rail connection between
Mobile and Chicago and other cities of the Wert lying north of
the Ohio river.
696 THE CHRONICLE. [May 4, 1872.
^\)t Commercial ®ime0.
COMMERCIAX^PITOME.Friday Niobt, May 3. 1872.
Trade has been fairly active this week, but with frequent
fluctuations in prices of leading staples. The weather has
become pleasant and settled. Some further progress has
been made in reopening inland navigation, and all physical
obstacles to business promise to h^. soon removed ; but
there is a partial piuse in the speculative action of the pre-
vious fortnight; which is in part due to tlie action of the
Federal Treasury Department in increasing materially its
sales of gold. Slocks ot merchandise, it will be seen, are
generally pretty lull.
The following is a statement of the stocks of leading arti-
cles of domestic and f>rei^n merchandise, at dates given :
. 1872. , 1871.
May 1.
27,359184,82fi
20.19B17,370
4.5,0.36
50,607
Exports of liCadlnK Articles from New York.Th fo Uowing table, compiled from Custom House returns, snows
the exports of leading articles from the port of New York since
January 1, 1872, to all the principal foreign countiies, and also the
totals for the last week, and since January 1. The last two lines
show total values, including the value of all other articles besides
those mentioned in the table.
s a"
,-,^ OCN ,-< .y" ^ (O o-::.aD'?*co X M ^ -^.. _ .
TO
rt?»5rf -. C.
.tc8. and hbl8.I)bl9.
bales.hhds.ba;^s.
.bac:«
BeefPorkTobacco, foreignTobacco, domesticCoffee, EioCoffee, otherCoffee, Java, Ac mats.Sugar lilids.
Sugar boxes.Sugar bags, etc.Melado hhds
.
Molasses hhds.Molasses bbls.Hides No.Cotton bales.Rosin bbls.Spirits Turpentine bbls.Tar bbls.Rice, E. I bags.Rice, Carolina casks.Gunny Cloth (California) bales.GnnnyBags bales.Linseed bagsSaltpetre bags.Jnte and Jute Butts bales.Manila HemD bales.Ashes bbls.
May!..56,.303
77,(i.55
22.12310,871
192,18666.0.!7
95,8;W52.2.35
60,70334,4051,6025.062
1,29010.5,100
75,9157,0.39
1,820l,(-00
11,820
],1.W21,4008,600
78,2754,00049,02017,806
144
April 1.
57,98165,753
19,31311,207
157,0795ti,063
.56,001
2.5,084
36,44486.129
7452,5971,900
57,10088..554
24,054885
5,115
10,600400
21,(K)0
7,80072,1004,000
42,02028.239
189
4.3,362
1)0,775
168,5.59
5,0566,8437.600
172,8.50
87,00084,710
95511,0258,109640
17 0.50
14,27566,70017,70015,500.38,331
o» 0>fl«O *3 ® —
w
r.
q^
^,_CJ CO
5 1- .w CO «> T ;s§;
CO Occe4 ;&
aoe* o
:&§SS : :S
Flour has become dull, ard shipping extras closed at
$7 15@7 50. Whe:it has Keen salable, but closed quiet at
$1 63@1 68 for No. 2 Fpring. C rn has been variable;prime new mixed closed nt 70c. rfloat. Groceries have beenvery uns ttlel, owing partly to the repeal of the duty ontea and coffee. Provisions have flai.tuated daily. Themaiket for hogs h.is shown much less buoyancy; in fact,
there has bec-n a reaction in prices from the late advance.The demand hus been good, but the large number of hogswhich are sbmuhtered daily serve to keep up the supply.There has been some recovery, owing in part to the cir-
cumstance that the stock of pork on the first ii.stant wasfound lo be about 47,000 bbls. less than at the corresponding date last year. To-d«y pork was again firmer at $3 88for new mess, on the spot, $14 seller, June, and |!l4 25 for
later months. Lard was also firmer, at 0f@9 7-1 6c. for
prime Western s'eam on the spot, and 9|c. for June. Baconwas dull and shcrt clear sold at 8 5-16c. Beef has beenmore active for mess, at full pi ices, but tierce beef hRS re
mained quiet and nominal. Butter and cheese have furtherdeclined, but at the clnse seemed to have " touched bottom."Ti!e spring has leendrjat.d cold, and the production duringApril was much smaller Uimu in the same month in previousyears.
Tobacco has continued in good demand, and, with slockssonewhat reduced, pric shave ruled very firm, with a slightupwatd tendency. The sales of Kentucky have amountedto about 500 hhds., half for export, at 8i@9|c. for lugs,and 9f@14|c. for common to fine leaf. Seed leaf has con-tinued to move freely, mainly for export, but, with consi<ler-able pressure to sdl, no hij-her prices have ben obtained.The sales hav^ been 300 oases old crop Ohio, for export, p.t.; 200 cases old crop sundry kinds, 20@40c.; 543 casesnew crop Connecticut and Massachusetts seconds and filler?,seconds .it 25@30c., fillers at 13@15c.; 100 ca«es new cropConnecticut wrappers, 4.5@,55c.; 200 cases new crop State,ll@18c.; 1,100 cises new crop Penn.sylvania, 15@22c.;2,400 rases ne* crop Ohi ., 9^@14c.; 400 cases new cropWisconsin, 9@10c.; also 400 bales Havana, 9.5@$1 15.Manufactured tobacco has been in fair request, and with anincreased firmness on black work for export. A better de-mand for bright work his been manifest, several s des hav-ing been made for Galitornia as well as neighboring mar-kffts. We quote (in bond) : black work, common andmedium, 10@18c. ; do., good and fine, 19@25c. ; brightwork, common and medium, 25@30c.; do., cood and fine,
35@55c.'
> .b
SS8
f* a) cot-
o
Sf "? :
« ^
s .
.
S jl ss< ..2 M t-.» M O so—
.
H Mo
a a,
o
:iS''§?2
.gsg -
SSS ^- w c: 5 c
go
so iff
t-'o
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.QI09* :5;^**2§
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:5 —I . -i) -X.
3^3a«S:2oc* t- m I- ^oo «» co^o--^
, (r»ao
: 2S,• o«
k
•CI C*l-'<:
(OTfomM«DC*'Mr-tCK
3r- fta
.<oooe»o5o to .-o x- o
952"* "^
KS.
V 03 '
M.
•.g : : :S5» :s
:l? : :8 : :8
igg
:S2
:5g
0*10
2S
M
I S
13
>° 's'- a
;'s s•
•fir • --•»•9 • —
«
^ 2
.-*i>oe*ka'«ao.1-1 .!?»*_00^ a
• off to M'to t'« g ::
t-'tfs'
:Sin ^-T^
• Kin -jQ eOi• K5 ^ w Qc r~. I
5_-0 .0«osOM-2
S'SS't:'-'':5=' -•-' 9"
D«^_ja^j3^j3„ - — — --
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tnco
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i'E
:& :
a;E-(
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li
ill
-.g MMMM^jjgggg C.gJ
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I -Cfc
Si S§' C O ca 4§»? 6"6-
Maj 4. 1872.] THE CHRONICLB. 697
Imiiorts of LoadinK Articles.
The foUowin>{ mulo, ooiupiloJ Iroiu Custom House returns
(bows the foroif^n imports of oertaia leadinjf articles of commerceat liiis port for the last week, sioce January 1, t872, and for the
corrosponding period in 1871
:
[Tho QiuutUy l« given 1» packagea when not otherwUe «peclfled.]
<;hlna, Uliui andfa^artbeuware—
ChinaKarlUeDWare
—
OlaraOlaaairareUlaaa plate
ButtonsCoal. toiiB
Cocoa. boKaColTeo, t)aK)i
Cotton, baleaDragB, Ac—Uark, Peruvian.Blea powdcrit...Brlinritoiie, touaCochinealCream Tartar...tiainblerOum, Arabic...ludttfoUadderIiiu.esaoatlal...Dll.OltveOpiumSoda, bl-carbSoda, salSoda,ash
/laxFur*Gunu7,clothHairHetnp, baleaHlde», Jfco.—
UrlKtleiiHIdeti, dressed.
.
India rubberIvoryJewelry. Ac-JewelryWatches
LinseedMolasses
SinceJan. I,
law.
4,1811
13.831
in! 1S,M)6
39U T,9Mssfiiii 3i9,uae
..J i.m
!8 15,351
811 ».*a
Xi 1.5i7
3M29,7131,7373.353l,U4a
237ie.8t«
S3923.70317,587
4,3892.4984,3372,711.''
81,1!821,!
31 511612 8.4'ld
1,519^ 19..^S9
J 2,003
57^ 1,410
2 44311,700 205,088
4,473^ 33.688
Bamslima1871.
4,59918.910
128,3179.6.13
.1,74*
2.45117,U39
Forthe
week.
Metals. Ac-CutleryHardwareIron. UK bars.
.
Lead, pissSpelter,lbssteelTin, boxesTin slabs, llis.,
6,998Rai5B8M,446 8UKar, hbda., tea.
92Cj AbblaSugar, boxes &
9.\m baga9.205 Tea7,733 Tobacco3,088 Waste1,225,Wines, *c.—M9 Ctiatnpaft'e,bks.
1.365| wines3.512 Wool, bales1.683 Artl, Ics reportcil133 by value—
lI.4l7,ClKars:sNiCork8
ii.DOi Fancygooda18.172 Klsh14.461 Fruits, &c—6,!68j LemonsIM Oranges2,555 Nuts2,460 HalsinsS3,6t5 Hides undressed.
mice619 Spices, Ac—
8.591 Cassia16.837 Otnger1,481 Pepper
SaltpetreWoods-CorkFustic ..
LogwoodMahogany
1B«113
!7.(Ejl
16.795
SinceJan.l,1872.
2,8062,468
390,0821 6,259
323,137 3,8.11.485
H,1U2I 66.18126,44.'! 300,41745,JI8 2,769,9734,179 40,07'
2,216551
3'S.41932,161'
12,212
33,27828,1881.377
322
1,3705,4982,101
$42,694900
33.717,16:
33,2.W114.9'27
2^,44141,515
3OS.920
29.120
66,742
4,3573,009
135,138
510,921351.45728.671
1,780
61,45.88940,383
t638.05030.50;
451,727ii3,(k;o
iS4.i'>a
83.1.9:3
409,448727 ,.347
1.018,2305.279
354,3785,764
270 05625,444
124,S?016,829
241,406SB.75i
Sametime1871.
>,a98
ITSillO172,999
1,7.'0.'2M
58,0652!l,08ii
1,356.031
42,109
136,4-^9
32.1.164
5 8.'J9I
20.851991
«1,33«•1,99817,836
(54I..105'20.679
•«l,'-20
171,126
160.051793,596480.'.10
475.15:)
1J00.591182.810
2:i9 2(fi
40.591SS,;.'>9
91.821
84,63921.760ia;jl4!53,829
Receipts or Daimestic Produce for the Week and sinceJanuary 1.
riie reoeipts of d ):uu3tic produce for tlie week and since Jan. 1,
ai.d for the same time in 1371, have been as follows :
Ashes. . .pkgs.Breadsiuffj*—Flour.. bbls.Wriea*..bu«.CornOatsRyeBarley, Ac.Grasi seed.BeansPeasC. meai.ubls
Cotton..bale)4.Hemp ..bales.Hides So.Hops, .bales.Leather. sidesMolasses, lids,
Havat stores-Cr.tnrp bblsSolrlts turp.RosinTarFitch
Thisweak.
223
52,76123.500(
32i,683,
107525(
6'.6;u|
2,2752.42913:iO;
3,13.!i12.1-26
143!
8. fill
15!73,617:
1^1
2101,6757,039
153200
SinceJan. 1.
2,332
S61,95-.
620,S995.212.918
1,632,2«2.765
8!!,9.i>l
23-., 190
66,16l!6j.;0li6'J.6I0
272.6981
1.971
1
'269.45
1
1.191 {
1,151,510,
2'J,8JO
8.3il16.114
'
wi.omi17,891
938
Sametime '71.
2.4'20
S98.93'1,166,4243,656.S«),838.i>49
2,'207i
281,3:3139 .W;;66.821:
Hl.Tit»2,652:461.99!
617|
161,51614.145;
8-il.fl49,
41.753!
1.90313.437
153,031,8.337no;
Oil cake, pkgs....Oil, lardPeanuts, bat^sProvisions
—
Batter, pkga....CheeseCutmeats. ..
KgHHPorkBeef, pkgs,..Lard, likg-i..
Lard. Icegs...Rice, pkgsStarchSearine -,
Sugar, hhds., Ac .
Taftow. pkifs
—
Tobacco, .ikKS....Tobacco, fihdsWhlsKey.bblsWool, bale*Dressed hogj. No.
This Sinceweek. Jan.l.
7,507 44.251;6) 2.3397sr7 39,S36
12,440 158,9304,951 86,126
2,:43 139,33 1
23,451 154.7925,1.17 82,4 UJ
174 12,6103.934 196.217l,-.80 10.060
111 P.4109,154 89.6'26
55.: 9.8787e 4,9:4
745 12.514
10,8.0 65.3461,154 13,197
3,7ia 68,693
77'i 1-:,4I0
80.213
Sametime "71
1,54,S
85,805
148,41088.74591.381153,085135,1 ;9
79.819lil.9o77.9i08,30860.0918 14912,5927.47774.0SI
20.30258.08619.86790,114
COTTON.FBiDA-r, P. M., May 3, 1872.
t»f special telegrams received by us to-night from the
SautUern ports, we are in possession of the returns showing the
receipts, exports, &c., of cotton for the week ending this evening
May 3. From the figures thus obtained it appears that the
total receipts for the seven days have reached 18,548 bales against
26.512 bales last week, 38,931 bales the previous week, and 35,1.53
bales three weeks since, making the total receipts since the first of
September, 1871, 3,583,261) bales against 3,623,373 bales for the sameperiod of 1870-71, showing a decrease since September 1 this yearof 1,040,104 bales. The details of the receipts for this week (as per
telegraph) and the corresponding week of 1871 are as follows
:
BB0BIPT8
Kec'd this week at—
(4ew Orleans... .. bales 6,105Mobile 1413Charleston 1,425
Aavannab *^\532
23MTennessee, Ac
18,986)3,229>
2,9876,1801
7Ji297.748
BSOIIPTS
Rec'd this week at—
Florida bales.North CarolinaVirginia
i«n.
Total receipts I 18.!4«' 51.432Decrease this year....! 32.3841
The exports for the week ending this evening reach a total of
33,023 bales, of which 34,252 were to Great Britain, 2,668 to
France, and 0,103 to rest of the Continent, while the stocks as
made up this evening, are now 33,033 bales. Below we give
the experts and stocks for the week, and also for the corresponding week of last season, as telegraphed to us from the various
ports to-night
:
Kxported lo-Total thisweek.
Same w'k1871.
stock.
WeekendingMay 3.
Q.Brit. France CoDtln't 1872. 1871.
New Orleans.MobileCharl ;fttoD,..
SavannahTexas
U.INS
4',4<3
2.5223.996St3
:2,6«8
2,t<S
161,579
CliH 21,718
4',4«s
2Ji223.9'>»
32J
34,5038,063746
8,660729
I3,3ie73
88.58417,92214,12517,8897.5.57
80.861
32.000
156.»'23
3.5,747
19.21440.21762.813
New York...Other porta..
f2.00030.000
TotalSince Sept. 1
24.252
V15,e(M6,102
300.147
33.0221,77:.33J
71,087iAer,.m
258,988 426,944
From the foregoing statement It wlU be seen that, eonpmrcdwith the corresponding week of last season, there is a decrease lathe exports this week of 38,063 bales, while the Itockw to night are108,006 bales les» than they were at this time a year ago. Th«following is our usual table showing the movement of cotton atall the ports from Bept. 1 to April 26. the latest mail dates. W«do not include our telegams to-night, as we cannot inann th*accuracy or obtain the detail necessary by telegraph.
BEOSIPTS BXPOSTBD alBOB SBPT.! TO-Coaat-wlaePeru.iS71.
GreatBritain France
OtherFor'gn TotBl.
Steak.IMO.
1275,9ioj;i.803817.399687.870246.661
New OrleansMobileCharlestonSavannah
905.9152;8.I«1253 93il
488.010180.829
4»J.0O»120.80683,584169,951
«3,4:i
305,994
ifm17,174
ii(,a«s
2,23989,093
92514)00
1«4,:479,189
30,4110
7:lAJ412 411
777.249129.494
1M.27988»,54S106.41 rT
118,431
1403MmMTOJM
niii47.109
249,426
iiItitNew York iS.gn 212.952
I73I2| 12,04849.6»JI 84^18
233J'84l 805,607
1,068
2*4,049
819J)9S
s'aci28.420
1T,48(FloridaNorth CarolinaVirginia
9,8ISS>11
Other ports 99.4811 57,613 37jOI»
Total this year 2964,721 .... :2tl,352 158,911 1741,808 999.898 278,10:
Tot«l last year .... ....'&571.941 2016,136! 43.985 996.754 2616.875 1010,069 498»
The market the past week for spot cotton has been quiet, batthere has been an upward tendency in prices, and the close,
though without animation, was firm. The favorable influence*
operating have been tlio very small receipts at our ports and aslight improvement at Liverpool. Our quotations, however, arsso high as to prevent any export movement, and the sales hav«lioen almost entirely for consumption. For fuinre delivery thebusiness has been largely for May. Parties, who had contracts outfor tliat montli Iiave appeared apprehensive that they would becornered, and liave sought, therelore, to cover ihemselvea. Ck)n-
fidence in prices for the summer months seems also to have In-
creased, 5vhile the quotations for the next crop have been wellsustained. The prices last reported for futurex were (basis lowmiddling) 23 l-16c. for May, 23 ll-16c. for June, 23 15-16c. for
,Iuly, 23|c. for August, 22|tC. for September, and 20 3-18c. for Oc-tober. The total sales of this description for the week are 84,850bales, including free on board. For immediate delivery thetotal sales foot up this week 3,275 bales, including 71 for export,
3,606 for consumption, 298 for speculation, and 300 in transit.
Of the above, bales were to arrive. The following are theclosing quotations : ^^^^^^^^^
Upland andFlorida. Mobile.
Ordinary per lb., 19Xii,.... , 19K®..OoodOrdlnary '22x».... i 22HS....LowMlddlIng 23 (a.... 23X®....Middling I iSXiif ... 23KIS....Good Middling I 24Ka».... I 'M%i»....
NewOrleans,
20H<*....22s®....•23X«....24xa....24X®....
Texaa.
sexa....
2S«»....24X»...,29 A....
Below we give the sales of spot and transit cotton and price ofUplands At this market each day of the past week
:
SaturdayMondayTue.sdity5Vednc8clay..Tliursday...B'rlday
Total.
Con- irpec- Traii-Exp't. Blimp, ula'n >lr.
347 25780 30«» 58•2-,2 25.18 179464 4
4188:o263274742768
IOood • 1 ow Mid-
ird'ry. Ord'ry. Mldl'g. dUng
•20H
2022X22X
23X232323as
2SX
23Xas*23Xm
For forward delivery the sales (including free on board,
have reached during the week 84.8.50 bales (all low middling or onthe basis of low middling), and the fjilowing is a statement of the
sales and pricesFor April,
bales. cts.
300 -23 1114(X) 23X
700 total April.
For May.100 s. n 22X?OOdel.4th...22«
1.500 J!2)<
600 22 1516100 not. after4th 23
lOodel. 18t...23100 deL2d...23100 Im. del.. 23900 8. n 2;!
2.100 Ji3
luOs. n '23 1-16
5,f5J 23 1-16
400 B. n 23K8,55C .'i3)i
500 .23 5-32
SOOs. n... .23 3-16
3;«0 23 3-16
100 B't not....23M2.150 28),
'200 not. alterr.th 23 '5-16
bales. cts.
lO' not. after10th 2i5-l«
1.500 23 516100.. 23 11-32
200 not. alter15th 23H
:.S00 23X
33,350 toUI May.
For June.2.'!oo san100 23 17-32
900 23 91610..100 2S%
•i»i '2;1 21-32
7.950 2311161.IKW 28X2.900 2S 13.18
1.500. •23;«
'27.05a;toUI June.
For Jnly.100 23V200 ;23 18-16
1.300 23X901 2319 16
1,600 24
bales. cts.
2(X) 211-16100 .24H
4,800 totil July.
For August.lOO 2.) 1116son 23X20U 23 1316
1,500 zm61W '23 15-lb
2,001 24•200 24 1-16
5,200 toUI August.
For September.800 r.Ktea 2!6l>i 221-16
1,400 22«22 3 16l,l)l«.
1,100.
71)0
2,200
;::::22f«JHX
.GOOtoUISept'r.
For Octol'Cr.bales. eta.
100 j»X200 US-U600 XM8€0 »9-M600 MH300 »7-i»OO J»X1.
.'.•?
3,600 total Octob'r.
For November.100100aoo....100....960'200 19;
1,390 toUlNoxem.
For December.200 19X409 19!<800 198800 Wg
1,700 total Dec.
The following exchanges have been made during the week :
lOO April for 100 May. even.Sc. paid to excliange l.ono May for 1.000 June9-lSc.
19-32CXCll^l'ec.
Xcia-16e.13-t6c.
KC.
1 300 May for 1.300 June.100 May for 100 June.300 8. n. May for .100 June.800 May for 3iM June.200 8. n. May for 2l'0 June.700 May for :00 July.
300 s. n. May for '2o0 Angoat-SOO May for 300 August.200 May for 200 Jane.
Weather Reports bv Teleohapii.—The weather during the
pa.st 5veek appears to have been favorable in some secUons, but
unseasonably cold in others. From Galveston our telegram states
that they have had one day oi which it rained. but the rest of tue
week has been pleasant ; a good sUnd of cotton has been secured,
the fields are in good condition, and the plant looks strong and
healthy At New Orleans and Mobile there has been no rain
except on one day, and that was slight : our Mobile telegram
698 THE CHRONICLE. [May 4, IS 72,
states that more raia is needed. Our telegram from Selma also
states tUat tliey need rain ; the week has been warm, except thelast two dajw, wliich have been quite cool, but pleasant. Com-plaint of too cold weather is liken'ise made in our Montgomerytelegram, much of the seed planted failing 4o come up. AtMacon and Columbus there has been no rain except one slight
shower reported at Macon, with the weather cool to-day. At Au-gusta there was a heavy rain Wednesday night, and since then it
has besn cool. From Savannah our telegram states that they
have had rain on oue day, with tlie rest of the week warm and
dry. It has also been warm and dry at Charleston ; somereplanting on the coast is reported. At Memphis there has been
no rain ; more rain is needed ; not over two-thirds of the plant-
ing is completed. Our coirespondents at Nashville state that it
has rained there one day, with a light frost last night, but is
warmer to-day. Thermometer at Galveston has averaged 74, at
Selma 74, Mobile 81, Montgomery 74, Macon 77, Savannah 71,
Columbus 75, Charleston 73, and Memphis 71.
OuB Spinnkhs Wants Odt of this Crop.—The supply of
spinners from the ports up to the present time (mail returns) has
been as follows
:
Keceipts at the ports to April 37 3,.')r.4,721
Stock on hand Sept. 1, lf<71 lOt.814
Stock at Northern interior ports (Providence.
&c.), Sept. 1 39,470
Total supply up to Sept. 37 3,709,011
Exports to April 37, 1873 1,744,368
Stock at out ports April 37 279,407
Stock at Northern interior ports (Providence,
&c.), April 37 33,601 2,010,316
Taken by mills nj) to April 37, fjom the ports 0(')3,()!'5
Surplus stock in hands of spinners, Sept. 1, 1871.
Overland, direct to mills, say about ,. .
.
80,000
170,000
Total supply up to April 37, of Northern mills. . .
Total amount required lor the year. . . .- l.O^.'i.OdO
Less supply already oljtained 9!3,lil)5
Leaving to be obtained from ports, bales
913,09:.
American afloat for each port as given below. From figures thusreceived, we have prepared the following table, showing thequantity of cotton in sight at this date (May 3) of each of thetwo past seasons
:
1873. 1871.
Stock in Liverpool bales. 844,000 994,000Stock in London 211,000 91,500Stock in Glasgow 600 700Stockin Havre 187,000 30,000Stock in Marseilles l.'j.oOO l.">,Ol)0
Stock in Bremen 18,750 52,000Stock rest of Continent* 100,000 35,000Adoat for Great Britain (American) 171,000 330,000Afloat for Havre (American and Brazil). . . 17,750 42,500AUoat for Bremen (American) 13,750 43,000Total Indian cotton afloat for E-urope 406,000 165,800Stock in United States ports 258,938 426,944Stock in inland towns 30,352 08,633
Total 3,339,640 3.184,670
« stock at Am^lerJam, a« received by cable to-ni^ht (May 3) is 74,000 bales,and at AiUwer/i 31,000 bales.
These figures indicate an increase in the coiion in sight to-nightof 154,964 bales compared with the same date of 1871.
Movements op Cotton at tub iNTniiion Ports.—Below wegive the movements of cotton at the interior ports—receipts andshijnnon's for the week, and stock to-night and for the correspond-ing week of 1871 ;
-Week ending May 3, ISfJ-,Receipts. Shipraeiits. Stock.
^Week ending May 5, 1871 ->
Receipts. Shipments. Stock.
11 3..305
Total required for the year's consumption 1.025,000
These figures would indicate that the mills need about 112,000
bales more from the ports out of this crop.
Bomb VY SiirPMUNTS.—Our Bombay telegram received to-night
gives the shipment.^ to Great Britain for tlie week at 48,000 bales
and to the continent, 6,000 bales, wliile the receipts at Uombay,during the same lime have Ixhmi 35.000 l)ales. The nioveiuent
since tlie firat of January is as t'ollows. Those are tlie figures of
W. Nicol & Co., of Bomliay, and are for the week endingMonday
:
^.Shipments this week to—, /—Shipments since Jan. 1 to-^(it-eat Con- Uroat (..on- Week's
Britain, iincuf. Total. Britain. tincnt. Total. rocoipts.
1873.... 4S.()(!0 6,000 54.000 39-.',00l) 154,000 510,000 35,0001871...'. 35,000 30,000 55,0(:hJ 351.000 137.000 391,000 55,000
From the foregoing it would appear that compared with last
year there is an increase this year in the week's shipments to GreatBritain of 13,000 bales, and that the total movement since Jan. 1
shows an increase in shipments of 155,000 bales over the cor-
responding period of 1871. The receipts at Bombay show anincrease compared with last week, though a considerable falling
off compared with the same week a year ago. Our dispatch to-
night gives no information with regard to the crop.
Gdnny Bags, Bagging, &c.—There has been a moderate demand for cloth, and with some lots ofTered on the market at a de-
cline from former prices a number of small sales have been made.The close is reported rather firm at 15c. for native, and [email protected] domestic.Bags have ruled very quiet since our last, and but few sales
have been made. Hemp has been dull, and the price is quitenominal, with no sales reported. We quote, ll^@ll§c., gold.
Jute is quiet, with sales of 1,000 bales rejection at 4c„ gold, 60days.
Jute butts continue in fair demand at former prices, which arepretty steady. The sales are 1,000 bales in lots on spot at .3^^®
Sfc, part 00 days, 400 bales to arrive at 3c. gold, and 600 bales inBoston at 3|c., 60 days.
The following figures are as made np by Messrs. J. C. Rogers &Co. on the 1st of Alay :
, 1S7-2. . . 1871. , , 1870. ,
Cloth. Bags. Cloth. Baw. Cloth. Bags.Stock In New York, May 1 11,400 " " "'
Augusta .... . 089 1,030 7,190 938 3,415 17,430
Columbus . . .
.
. 358 544 3,738 380 456 5,635Macon . 145 1,007 3,656 179 1,045 4,461
Montgomery.
.
. 356 778 2,316 421 1,311 6,314
Selma 309 609 1,298 473 478 2,384
Memphis . 3,496 3,438 14.431 5,139 4,833 19,000Nashville 333 273 4,833 1,241 3,033 4,498
4,491 r,269 36,3.52 8,767 12,559 58,622
The above totals show that the interior stocks have decreased dur-
ing the week 2,778 bales, and are tonight 23.370 bales less Vanat the same period last year. The receipts have also been 4,376
baits less than the same week last year.
The exports of cotton this week from New York show a decrease since last week, the total rijaohing 3,990 bales, agains0,513 bal<!S last week. Below we give our table showing theexports of cotton from New York, and their diri^c^tion for each of
the last four weeks; also the total exjiorts and direction since
Sepftimber 1, 1871 ; and in the last column the total for the sameperiod of the previous year :
Exports of Cotton (baleg) from New York wince Sept. 1,1 8T1 •
KXPORTKD TO
LiverpoolOther British Ports.
Boston,
Sailed for U. S. to Marcli 2-3
" ^' bal. ** cable
.
" " in April
10,100
S1,B00, 8,497
30)T50
Snpply to September 1 26,047
Jute Butts and Rejections.Bls.BiOts.
Stock in New York, May 1 12,501)'• Boston, " 12,700
Total 25.200
Sailed for V. S. to March 22 Si.im" bal. Mar. by cable.. 6,4(X)
" " in April, " .. 21,000
Supply to September 1 1.3.5,203
Est'd shipments in May, by cable, not reo'd
Probable sui)ply to Oct. 1, 5 m'j.
5,2503,000
8,2.50
3,.^33
500300
12 3831872,
10,.10O
0,700
17,000730
1,22B927
7,2.50
6,800
14,050nonenone
400
3,.300
.3,850
7,1502,277none1,713
2,2003,600
5,8001,000none1,650
19,883 14,4.50
.—1871.11,140 8,4.50
1870.Bts.&Rcj. Bts.&Rej.
6,2003,900
10,1002.500915
S,S87
10,9026,400
S.3,303
2,0001,300
3,3009,600none5,600
18..500
2,600
21,100
Total to Gt. Britain
HavreOther French ports.
lotal French...
Bremen and Hanover.HamburgOther ports
Total to N. Europe,
Spain Oporto& Gibraltar&cAll others
Total Spain, dec.
Crand Total....
WXBK XNDIHS
Aj»ril
10.
5,844
5,814
40
5,884
April17.
8,7821.840
10,622
10,022
April
6,513
0,513
6,513
May1.
3,996
3,996
3,090
Totalto
date.
303,2115
2,789
305,994
881119
1,000
6,380349
1,133
6,862
1,190
1,196
315,052
Sametimeprev.year.
B10,St512,116
522,961
3,277400
3,677
20,2296.648
21,371
48,248
2.36376:j
3,126
578,012
The following are the receipts of <x>tton at New York, Boston,Philadelphia and Baltimore for the last week, and since Sept. 1, 1871 :
ireW YORK.RK(«'TB FROK-
ThisI
Sinceweek. tSept. 1.
3,615;
4
2,481
New Orleans,TexasSavannahMobileFloridaS'th Carolina.N'th Carolina.VirginiaNorth'rn PortsTennessee, &cForeign
Total this year
Total last year
Shipping News.—The exports of cotton from the United States
the past week, as per latest mail returns, have reached 34,044
bales. So far as the Southern ports are concerned, these are the
same exports reported by telegraph, and published in The Chron-icle last Friday, except Galveston, and the figures for that port
are the exports for two weeks back. With regard to New York,ViBiULE Supply of Cotton M.vde up by Cabt.e and TeleaRAPH.—By cable we have to-night the stocks at the difTerent I we include'the mauifestg of all vessels oleared"up to WednesdayEaropean ports, the India cotton afloat for all of Europe, and the night of this week
:
May 4, 1«72.] T^HE CHRONICLE
......1 ,.«,
Total balM.•temnma AbyMinI*, 181 ...Adriatic, 4ii
\»i .Pity of PurlM, 1SS... Cuba, 4111
," .[MTbark M. A. M ii»hiill, I,:1W
Hjr moamur Kll*. Sfi ami iD l)n«< . . .. i>er
3.9S6
NlW YOBIC T' ' '
....li'.
I'l
NbwObi.bas- .
ship Mtiry V-
To Havre, perTi> B.irceloua, \
ma ... Maria Merccdaa, 60
410 .
To .M:il;i^'ri, per bark RoHirio, 401
MoBiLK-To Liverpool, par uliipTiiacarora, 3,751. ...... ... ..... ...... 8,701
CiiAaLKiTos—Tu Liverpool, pur bark Liiry, !i,lo4 upland, and 5 Sea
iaiio, a,<IOO. ..
.Maria, 33.^ ...
.per brlja
per bark Nlplion, 3,M7..per bttrku Twellth •lunlo,
Frntlajolo, 1».... VUaaar,
4,or^7,417
1,814401
Island .
»,1S9
TEXAS-To'nreni'un.'perhrl^'lliftou. 43.1 455
BaltiVORK—To Bremen, per Bteamer Uhio, IBS IM
Total *•.««*
The partioulars of these shiptuents, arranged In oar usual lorm
are aa follows-Liver-pool.
Now York 3,9%N.'H- Orleans 4,658Mohilo a,*!t'linrleaton 8,159Texas ....
Baltimore
Brc- B.W- Mala-Havre. mun. cclona. e»- Total.
8,99(1
7,417 .... I,(il4 401 14.090
3,7518,1.'0
4.'» 45519;l 193
401 24,6UTotal 14,5li4 7,417 M8 l,(il4
Oof.D, Excn.VNOK AND KiiRioHTS.—Hold has fluctuated thepast week between ll'ili and ll:!i. and the close was 113.5.
Foreign Exchanno market closed with a downward tendency.
The following w<!re the last quotations: London bankers', long,
lOO^r.MOOJ ; short. IIOMHOJ, and Coiuiuorcial, 108i(<Jl09i.
Freights closed at Jd. by steam and 3-lGd. by sail to Liverpool,
fc. gold by steam and ic. by sail to Havre, and Jd. by steam to
Hamburg.Bt TKi.Eonxprt from Livrrpooi,.—LivKRpoot,, May 3—4:39 P. M.—The market opened steady and clo.scd quiet
to-day, with oaleo footing up 10,000 hales, includiu;; 3,000 bales for export andspeculation. The sales of the week have been (i:j,000 bales, of which9,000 bales were taken for export and H,(KK) bales on speculation. The stockIn port Is 81I,(KX) bales, of which 3li.000 bales are American. The stockof cotton at sea bound to this port is 407,000 bales, of which 171,000 balesare American.
April 12.
10,000li,000
8,00080.1,000
330,0004aii,ou I
173.000
Total salesSales for exportSales on speculation
.
Total slockStock of American...Total ailoatAmerican atloat
The following:
ipril 2fi. May 3,
66,000 03,0008,000 9,0004,000 8,000
782,000 ,844.000
311,000 343,000505,000 407,000202,000 171.000
April 19.
89,0008,000
13,000798,0003:13.000
461,1100
155,000
tabl e will show the daily closi ng prices of cotton for the week
.
Sat. Mon. Tnes. Wed. Thnrs. FrI.
PricoMld.lTprds.lt (!?> ..11 » . 11 (75. ..11 @11«<11 ©11X11 @11KOrleans. UViXiftU'i; n\&^i IDiitftUi-i lljli@ll*i lIX@ll,'i 11M@11?.
EnnoPKAN ANO Indian Cotton Mabkbtb.—In reference to
these mnrkota our correspondent in London, writing under thedate of April 30, states:
LiVEiU'OOl,, April 30.—The following are the prices of middlingqualities of cotton, compared with those of last year:
^Fair * ^Same date 1871-^Ord.A Mid-, g'd fair-, ,-G'd&falr^ Mid. Fair. Good.
Bealsland 24 ;W 37 44 60 23 38 30Stained 14 22 28 .31 .34 88 18 21 25
* Ord. O.Ord.L.MId. Mid. Q.MId. M.P. Mid. G.Mid. M.F.Upland Sl^i 10,v lOJi 11:116 ll'tf 12 7H 75i 8
Mobile 9'i 10>i U 115-18 lUJ 12 Vi 7H 8
N.Orlean3,fcTexa9 9?, 10?i US,' 111-16 12 12»i 7X 77i 8XThe following are the prices of middling qualities of cotton at
this date and at the corresponding periods iu the three previous
years;1889.
Midland d.Sea Island 27Upland... ;21fMobile... l-!'i
Orleans.. 12>i
1870.
d.1610lOJf
1871.d.
2:1
7Jiir.
lOX 7X
1872.
d.
9H
1869.
Midland d.
Pernambuco. 12Egyptian 10>i'
Broach 11Uhollerah
1870.
d.
1871. 1872.
d. d.
... 7,¥ ...
8K 6X V.i
Hi 4« bx7X 4>f 6;<
Since the commencement of the year the transactions on speculation and for export have been :
,—Aetna! exp. from ActualLiv., Hull & other cxp'tfrom
.-Taken on spec, to tb 9 tlate—
.
ontports to date—, U.K. in
18r2, 1871, 1870, 1872, 1871, 1871.
bales. bales. bales. bales. bales. bales.
Americaa. .
.
121,790 45.9:i0 75.B!K) 35,sm 101,791 802,180
Brazilian..
.
Sll.O'lO •.VMS 6.020 14,576 Ifi.OOl 60,330Ri^yptian. .
W. Indian.27.090 3.700 4000 1,9:3 3.982 12.620
2.9110 1.010 730 3,208 :»7 15.710
B. Indian.. ISS.ltlO 2.i,510 57.420 77.778 97,187 519,490
Total.. 310,260 74,450 1:53,438 279,828 910,830141,860
The following statement shows the sales and imports of cottoi
for tlu! week and year, and also the stocks on hand on Thursdayevening last
:
8ALKS, «TO., OT AIL DBSlCHirTIOSS.
, Sales this week. , Total SameEx- Specula- this periodport lion. Total. year,— 40.420 «w
17,4705,790
( 6S0••••1 1,700
4,.300 22,8110
Trade.American.. bales. .33,610
Brazilian 14,170
Eaypilan 5,590Smyrna & Ureek I
,j-n
West Indian, Ac ('•*""
Gaat Indian 1S..570
Total 67,980
1,090
420
S:J0
5,990
5.TW2,670460
672.620282,490119,220
7,2.30
37..^80
4.'i3..'>20
1,S7I.
71:1.870
64.62067,210I.IVTO I
18,360 S
2T,480 12,430
Averageweekly sales1872.
38,0901.3,310
6,010
3,030
1871,
86,2303,4403,880
1,070
8,970
7,790 1.3,160 88,920 1
-Imports.-
ThlBweek.
American 31,582Brazilian 11,221
Ksryptlan 4,887Smyrna AOr'k 201
W.Indian 677East Indian... 81,078
To this TothUdat«; date1872. 1871.
710,946 l.l!W,9t1
290,6.-.- 151.i I
13li..M9 114,1
7,1,V1 I.li'
87.7<'.l 30.9 :)
a28,8'.)7 175,579
,678,6001,140,810 fi.'>.900 53,590—. . Stocks.Same
599
Of the preaent itock of cotton in UTerpool 41 rmr cant iiAmerican, against 61 per c«ut la«t year. Of Indian cottonthe pro|>ortion is 21) p<tr cent againal 12 pHr cent.LoXDO.N, April 20,-There is ajrnin but little change to notice
In our marnet, transaction.H being still limllod, but our quotationsare only oceasionally re:luced id. per lb. from tlioBo of last week.The following are the particulars of the Imports, deliveries andstocks
:
Imports, ..
Deliveries,Stocks: ...
18;o.bales.41.710125.4(19
40,545
1971.bilea.7S,!)m58,7978ft,aW
1871.hala»178,441I8T,1U811.717
BREAD STUFFSPkidat p. M.. Majr.l, 1878.
The whole m.irkot for flour and grain lias been feverish andunsettled during the past week.
The receipts of llour have been only moderate, but the demandhas fallen oil' matcirially. Prices have been generally held withmuch firmness. In fact, some receivers, under orders from theirconsignors, have withdrawn samples and demanded an advance;but the trade ha.s been supplied with all its re<|uirement8 at ratherlower price.'!. Latterly ihore has been a demand for common ex-tras to ship South, owing to the higher prices demanded in theWestern markets, whence the South has been accustomed to drawsupplies. Uye flour has been in speculative demand, and prices
have advanced. Corn meal has been only moderately active.
To-day the market was firmer for all grades, but more in sympa-thy with wheat than from any iniprov(^inont in the demand.Wheat has been more active, both for export and home use,
but there has not been much buoyancy resulting therefrom,
owing to more disposition to sell and reduce stocks. Receipts at
the Western markets have somewhat increased, but are still farshort of former season.s, and the demand has increa8e<l more thanthe receipts. It is notorious that the stock o' flour in the countryis not more than one-half and probably not more than
one-third as large as last year; millers, consequently, are
much better employed now than then, and buyers for
export are in constant competition with theui. It will be seen
that the visibbi supply of wheat was greatly reduced last week.No. 2 Chicago Spring, on the canal, near tide-water, sold yesterday at $1 GO<^(i!!.$l 01 lo arrive. To-day there was a smartadvance, with sales ol 1.50,000 bush., maiiilv for export, closingat $1 C«i((i$l 08.V for No. 3 Cliicago and Milwaukee afloat.
Tlierb has been great activity in the market for Indian com,especially for future delivery ; the leading prices have been forprime now Western mixed afloat, 71i@72c. for the first half ofMay, and 69c. for ihe last half of May, and C8c. for all June. Thesupply on the spot has been moderate, and the stock in store isgreatly reduced
;yet prices have declined, selling on Wednesday
at 73!c., but recovering yesterday afternoon to 75e. To-day, cornwas scarce and new mix<:d advanced to 7Gc., afloat.
Rye has been doing better, but closed rather unsettled. Barleyhas ruled dull ;
parties are generally apart in their views ; about1.5,000 bush, strained two-rowed State sold for export to Glasgowat C.5c.@(i0c., while prime Canada West brought f I 15. Oats havebeen active and Prmer, but stocks do not seem to undergo anymaterial reduction.
The following are closing quotationsFlour.
Snperflne State and West-ern ^ bbl. $6 60® 7 00
Extra State, &c 7 20® 7 30Western Spring Wheatextras 7 1037 40do double extras 8 00® 9 00do winter wheat extrasand double extras 8 OftJ?i 12 00
City shipping extras. ... 7 355^ 7 50City trade and familybrands 8 0J®11 00
Southern bakers' and fa-
mily brands' 9 50(fil2 00Southern shipp'g extras. . 8 U0@ 9 25 ---,,,Bve llour 4 .50® 5 25 , Barley—State 65® 90Cornmeal—Western, &c. i 60ij( 3 85 Canada West 1 OS® 1 16Corn meal— Hr' wine, Ac, 3 iw@ 4 05
|Peas-Canada 1 OS® 1 30
The movement in breadstuff's at this market has been as follows :
. RECEIPTS AT NEW TOHK. ,.—.—EXPOnTS mox NEW TORK.—
^
Plonr, bbls.
.
D. meal, " ..
Wheat, bus.Corn, "Rye, "
Barlcy,*c "Oats. "
The following tables, prepared for TnK Chhoniclk by Mr. 1£.
H. Walker, of the New York Produce Exchange, show the Orainin eight and the movemont of Breadstufifs to the latest maildates :
BBCBIPT8 AT LAKE AND RtVER PORTS FOR THK WKKK KNDIKaAPRIL 27, 1873.
Floor. Wheat. Corn. Oats. Barley. Hyij.
bbls. bneh,(19«lbs.l (601b«,)
Chicago J6ft5I 41.565
Milwaukee 18,918 37.1J6Toledo 6,092 19,808
ORAnf.Wheat-No.2spring,bneh.$l 63® 1 68No. 1 spring .. 1 68® 1 71Red Western 1
8~~Amber do 11.White 1
Corn -Western mixedWhite WesternYellow Western 76>f(Southern, new it
Rye—State and CanadaWestern
Oats—Black Illinois, . _Chicago mixed ^)i& 64White Ohio and State... Hii&
. 1872. , Same . 1872. . . 1871. ,
For the Since time Jan. For the Since For the Sinceweek. Jan. 1. 1. !57I. week. Jan. 1. week. Jan. 1..52,767 665,951 898,952 21.128 281.009 32.766 «3»,3813.1,33 60,640 S2,6SS 2,117 ,58. 102 4,242 .18,511
2.-..500 020.899 1, 166 424 194 528 2.217.190 2M,.'»9 3,216,601328,685 5.212,918 ;i,6(i6.880 260,4:16 4,411,471 142,559 1,606.074
2,7ii.5cJ-^' 21,637 225,990 9,910 17,848
6,070 887,969 881,373 .... TJ,90»107,525 1,652,285 838.649 1,113 12,708 1M41
JTotal 69,946 1,401,996 l,874,St)5 4,014,786 198,880 9a3,!»0 066,900 I Detroit,V. ,........ 13.9W 1«.W»
bnah. bnah. bneb. baib>(B6 lbs.) (.32 lb«.) (48lb(.){56 lb*.)
636,573 100,470 ».»45 4.9307.I5B M^asa 4,580 4,975
318.785 43,174 1,.«1
S},018 >5,9«0 «,M ..„
600 THE CHRONICLE. [May 4, 1872.
3,40046,324 6,979
Cleveland 4,a50» 30,750 3,300 7,800Bt.Loai« »4,812 162,586 348,766 84,610Dnluth No report
Totals 93,881Previoua week 96,218Oorreepond'g week, '71. 112,271
'70. 98,941'69. 119,530
" '68. 106,967" '67. 70,563 202;406 1,137,203 170,576
'Estimated.Comparative Receipts at the same ports from Aug. 1 to April
27, both inclusive for four years :
1871-72. 1870-71. 1869-70. 1868-69.
Floor.bblB 4,653,181 4,409,021 4,642,717 5,187,849
Wheat, bush 83,038,2.'53
Corn, bush 50,899.896Oats, bush 21.432,448Barley, bush 6,689,982Eye, bush 2.628,785
36,.582,591
23,545,00314,893,4904,&32,9491,858,392
33,375,75719,932,87912,008,5904,698,8541,702,898
34,422.31122,603,36618,245,6083,258,873
2,350,550
Totalgrain 114,688.844 81,512,335 76,718,996 80,880,908
Shipments of Flour and Gralu from Chicago, Milwauliee,Toledo, Detroit, St. Louis and Cleveland for the week endirgApril 27, 1872. ~"
Wheat,hush.236,470208,634
Flonr,bbls.
Week ending Apr. 27,'72. 7S,408Weekending Apr. 20,'72. 74,572Weekending Apr. 29,'71. 117,132 1,076;204Week ending Apr. 29,'70. 60,033 855,430
Corn,bnsh.
959,6814.18,225
877,253305,154
Week ending Apr. 30,'69.109,643 1,078,022 1,094,410
Oats,hnfth.
293,.373
223,165231,908152,8116
188,058
Barley,bnsh.42,54852,60620,657!7,306
3,252
Rye,bush.13,87711.740.36.451
11,51220,888
Detroit is not included, her shipments as reported being largely duplicated.
Comparative Shipments trom the same ports from Jan. 1 to
April 27, inclusive, for four years.1872. 1871. 1870. 1869.
Flonr bbls. 1,087,758 1,065,759 1,05.3,258 1,524,937
Wheat bush. 1,313,725Com 8,227.086Oats 2,369,770Barley 772,110Eye 273,174
Total 12,955,865 15,816,152 8,444,918 10,610,441
BKCKIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THKWEEK ENDING .\PRI1, 27, 1872
5,295.629 4.539,456 3,527,.582
8,692,789 2,758,518 4,871.:»91,410,316 819,641 1,536,671
302.433 221,942 261,629114,955 106,331 413,200
Flour, Wheat, Corn, Oats, Barley,At bbls. bush. bush. bush. bnsh.
NeirYcrk 58,259 31,200 302,565 194,710 500Boston 33,549 1,200 305.990 555,390 6,928Portland 18,100 32,800 7,230 2,640 1,380Montreal ,. ... 5,300 850 400Philadelphia 12,727 51,600 125,367 84^050 10,000Baltimore 22,224 24,000 102,.360 26,.342
New Orleans 64,809 .... 484,880 1C6,695
Eye,bush.
900
510850
141,150177,130190,51050,23451,24441,102
1,32S,3!I2
922,776866,666843,933735,52563!i,e86
469,827433,027348,129261,719283.605241.443
Total 214,968Previous week 162,377Weekending Apr. 13..13:,551Week ending Apr. 6. . .121.576Week ending Mch. ,30... 139,596Week ending Mch. 23... 120,641
And from January 1 to April 27 for two years :
1872.Floor bbls. 2,155,339
Wheat bnsh.Com bush.Oat« bush.Barley bush.Bye bush.
19,20836,74834,87066 34466.54519,016
2,2«0
i,m520
4,0001,170
1871.
2,088,330
2,875,3197,403,8962,474,671397,12542,324
Totalgrain bush. 20,759,065 1.3,193,335
The Visible Supply of Grain, including stocks in store atthe principal points of accumulation at lake and seaboard ports,in transit by rail and Irozjn in the New York canals, April 27,1872, is as follows :
Wheat,bnsh.
In store at New York 1,224,130In store at Albany 21,000In store at Buffalo 210,010In store at Chicago 1,244,2.37In store at Milwaukee 1,159.000In store at Dnluth* 75,000In store at Toledo, April 20 313,453In store at Detroit 153,051In store at Oswego* 600 000In store at St. Louis 148,622 484,849 103,kBIn store at Boston 3,175 218,4.38 104,941In store at Toronto, April 15 366,590 1,100 50,746In store at Montreal, April 15 153,957 141,262 72,676In store at F.iiladolpiua* 140,000 125,000 110,000In store at Baltimore* 45,000 340,000 35,000Rail shipments for week 134,921 227,832 107,863 32 328Lake shipments 170,455 1,422,685 121,310 10*220Amount on New York canals 1,118,203 1,033,212 853,075 399 054
Com.bnsh.181,75517,00020,100
4.809,370736,901
971,73346,059
Oats.bush.
1,205,.372
143,000374,900680,945297,216
221114156,947
Barleybush.24,34210,00027.593
231,841
99,929
32.566';,718
168,00012,5til
5,33255,87410,00010,000
Total 7.280,804 10,777,246 4.
Totalia8torc»ndlntran8itApr.20,'72. 7,958,269 ll,59ei,224 4' " Apr., 13'72. 8,.')44,218 11.715,480 4," " Apr. h,'72. 8,632.366 11,255,813 5," Mch.30,'72 8,945,160 10,699,149 5,' "
Mch.23,'72. 9,273,110 11,422,247 5" " Mch.l6, '72. 9,460,636 11.918,884 5" Apr. 29, '71. 6,995,680 4,000,646 2
•Ettlmated.
498,308,893,274,590,720
,218,69()
148.174,571,080576,908017,204
1,1.37,358
1.272,6291,4.32,211
1,.580.166
1,521,1761,517.9351,794.932410,183
GROCERIES.Fridat Evening, May .3, 1872.
The general tone of this market has improved considerably
during the week, and all goods are now held with much firmness
and confidence. The most noticeable feature has been the
passage of the bill abolishing the duty on teas and coftee, and a
revival of interest in these articles, an increased trade call pre-
vailing, and some inquiry for speculation. It is as yet somewhat
early for the fuUainfluence of the change to become knotvn, but
dealers now know exactly where they stand, and the possibility
of operating understandingly restores confidence. Sugars, too
have increased in value, and all other goods are firm. Theprospect of an early opening of the canals encourages the belief
that interior buyers will soon be in attendance in larger numbersThe entries direct for consumption, and the withdrawals from
bond, showing together the total thrown on the market for theweek, were as follows
:
Tea, Mack 771 pkgs.Greea 1,769 pkgs.Japan 454 -jkgs.Various 935 ')kgs.
Coffee^Blo... Til bags.Java 1,',71 mats.Maracaibo.. 1,606 batra.
Laguayra,, 1,156 bi.gs.Other 1,984 bigs.
Sugar, Cuba. 6,M3 bxes.Cuba 6,738 •hhds.Porto Rico 5i5 *hhd6.
Sugar, Brazil. 3,300 iiage.Manila &c.. 8,514 bags.
.M'las'e8,Cuba2,Ua "hhdB.Porto Rico. 687 "hhds.Demerara.. 74 *hhd8.Other ; 253 'hhds-
at date since January 1.
;372. 1871. 1872. 1871.
23,891,871 25,797,19662,(iGl 20,874
187,954 43.788 »i6.009 SS6 662
46,ia0 50 2ai 229.893 197,013
50 968 50.715 212,640 161.480
51.487 48.362 201,645 216.500
21.3SS 168,559 1,362,325 3'.5,1*3
4.881 6.774 91,236 119,869
Other 66i> 'hhds.*Hhd8. include bblB. and tcfl. reduced
Withdrawn from warehouse for. transportation to the interior, in bond, 286pkgs. tea and 527 bags coffee.
Imports at New York this week have included 7,704 bags of
coffee ; 14,767 boxes, 15,290 hhds., and 4,300 bags of sugar, and6,561 hhds. of molasses.The stocks in New York at date, and imports at the five leading
porta since Jan. 1, 1872, are as iollows :
stocks In New York Imports at Uadlngporla
Tea lUB.Tea (Indirect Import) pkgs.Coffee Kio bags.Coffee, other bags.Sugar boxes.Sugar hhds.Sugar hags.Molasses hhds.
TEA.The movement early in the week was a little slow and uncertain, influenced
to some extent by the continued delay in the settlement of the duty question,
buyers still holding their orders close down to a basis of actual necessities.
Holders, however, as a rule, were disposed to look upon the position as
generally favorable, and while none were urging sales, a few had entirely
withdrawn their stocks of desirable grades and looked for a higher range of
values. Fine and choice greens were undoubtedly the best sustained, and
indeed had somewhat advanced of late, but other qualities could only be
bought at full former figures, and in a general way ruled steady. The some-
what sudden announcement of the removal of the duty however, at once put
an entire new face upon the position of affairs, and in place of the previous
apathy, buyers not only became .anxious but excited, and the call for goods
in bond was quite liberal with advanced rates bid, and sellers in many cases
very materially increased. Oolongs met with the greatest amount of atten-
tion, with extensive sales effected in part to the trade and partly for specula-
tion, and desirable parcels are now quite scarce. Other styes, however,
sympathise, and are thought likely to move soon, the general market for
invoices showing quite a healthy tone. The line trade has not improved,
and It is thought will continue slow until after July Ist when the new law
goes into eftect. Sales of about 20,00J pkgs. Oolongs, 5,600 pkgs. greens, and
4,800 pkgs. Japans.
There have been no direct imports this week. The receipts indirectly havebeen 224 pkgs. by steamer and 1,011 by rail overland.The following table snows the Imports of Tea into the United States (not
including San Francisco), from January 1 to date, in 1872 and 1871
:
Black. Green. Japan. Total.1872 8,332,272 11.717,881 3,791.718 2S,)-91.S71
l871 10.l4a,273 11,255,840 4,393,l«l 25.7»?.196
The indirect Importations, including receipts by Paciiic Mail steamers viaAspinwall, have been 62,001 pkgs. since January J, against 20,874 last year.
COFFEE.The opening of the past week was again quite a dull one on the wholesale
market, and importers generally were obliged to carry the large and accumu-lating stocks and make still further additions to their expenses, simply be-
cause there was a fixed determination on the part of buyers to handle just as
few coflees as possible, until the duty question became solved. Stocks in
store were low, some jobbers in fact almost bare of supplies, but they held to
the idea that their safety lay In purchasing merely enough to carry themthrough known and urgent needs, and hence the very light general call.
'V^alues continued nominal to a great extent, but the recent declines noted in
our tables seems to have reached about sellers' limits, for the present at least,
and further concessions of importance were not allowed, though now andthen a slight shading was made in order to hurry negotiations. Late onWednesday afternoon, however, the trade were agreeably surprised by the
announcement that the tariff question had at last been settled, and since that
time the market has shown a material improvement, aud the tone as com-pared with last week is healthy and encouraging. As the duty is notremoved until July 1, it is thought that purchases by small jobbers, con-sumers, &c., will drag somewhat until that time, but there is every proba-bility of more liberal sales in bond, and knowing now just where they stand,
an immense relief is afforded the trade generally, and they can work under-
standingly. A great many operators, under the excitement of the changefrom complete prostration to a good prospect of doing a fair business, are
inclined to talk very buoyantly, and call prices decidedly higher, but as yet wedo not see any warrant for quoting much of an advance . Buyers now simplyname a price, something above what forced sales could have been effected at ashort time ago, and in many cases are not yet up to the quotations for sometime given as nominal values, and these would, in fact, have to be reducedrather than advanced to show the actual position of the market. Still as the
new order of things has scarcely had time to fully develop as yet, all figures
had best be looked upon as nominal, with the understanding that probablywithin a week or ten days matters will assume a somewhat more definite
shape. The greatest attention has been given to Brazils, and several sales
have been effected, both here and at the outports, but as the market is some-what Irregular as yet, operators are rather reticent, and the full particulars,
are not known. Java moderately active, but appears to show little buoyancy.West India grades have been bought to some extent by the trade, and arenow held with much firmness. Sales of 520 bags Rio, 4,650 bags Laguayra
,
651 bags Costa Rica, and 2,600 mate Java. At Baltimore 7.260 bags Rio.Imports at this port this week have included 3.000 bags Santos, per "Fa-
vorite," 4,050 do. Laguayra, per "Jenny," and 651 do. sundries.
May 4, 1872.] THE CHKUJVKXE. 601The itoek of Rio Mayt, u<) ttio ImDortii irtnce Jwi. 1, im, are «• fnllowii:
N«w I'hIU- Haiti- Nxw Havan. Gal-In DagB. Vork. (1«lplila. morn. Orlrana. Ao, veatoo. Total
Block 187SSI t7Jil7 ll.tffl 1».«IS . .. JM.JM8>mildati]1871 a,ias 4 900 »,I»4 B.H6 9,000 3,«ia 99.170I'liporta aiS,llin 4012 iau;il9 St.Sn 29.81; Ha\t MfiOt
In IS7t iai,U10 ll.Hin IM.9III lM,aOS 98.079 iM» tMMlor otbor sort* the stock at Now York, May 3, and the inipurta at Iko aevnral
porta ainco January 1 , 1S7S, wars a^ follows
:
la tNMca.JaYa and aingapura NI.IOBCsylon 4,188Maracalbo 1.100Lanayra. 8*887Bt.DoinlDto !00Other.. .. 24.44!l
.-New rorkktook. Import
ToUl H.ISOBams Unie.im 90,n9
fl.Kil
6.918tt,masjsi».<i«48.464
199.69!)
184,733
Boston. Plilladel. Bait. N. Orle's. 3 3Im^nort. Import. Import. Import. S ^
".'.''.'.'.'. '.'.'.'. B«
2J314J76
9,49S
45,828
10,«S
10 9578,277
7,09*
7.096
t.:«92.689;,aio
rraard to the prohahllltles that Congreaa may nneipeetMIy attempt i
changes In the tarlflT, and this nndoiiblcdiy aerves to retard operatlooa •what, hutjaatms soon as this danger Is ptat ud enmmanlcatlon with tiMliitorlor becomes cheaper, a decldcil Increase of the call la looked for In rlewof the fact that grloAen, small Jobbers and retail dealers are all In low slockand must replenish. Pimento and oepper are still the two b«st rnstalnedgrades aod on the latter there Is a cun>lder>bleamonnt of inlet worklnctnbring the stock here under complete control but holders of onlalde psre«laB»dilHcnlt to approach and the concentration policy baa not been folly carrMTout aa yet. Some export orders are here for pepper, but at too low a aiarglBtobelllled. Cassia Is probably the easiest In price of any style, hot eainiatbo bought lower. Jobbers are selling fairly from store, and realizing abontformer prices. At the close the stock of cloves Is withdrawn, being all under.
* Includes mau, *c., reduced to bag^. t Alao, 99,474 mats.
HVOAH.The more encouraglnj tone on raws noted In onr last has greatly increased
and the general market during the period under review has developed muchstrength, with probably a healtlilor feeling extant than at any time since theappearance of the new crop. The arrivals have been fair. Indeed ratherexceeded the outlet, and stocks accumnloted on all grades, but receivers werequite willing to store, and only odd lots of common from pier were offeredwith any show of freedom whatever. The recent upward turn of gold was o',ome advantage to the selling Interest, but Importers look much further thanthis, and seem to consider the prospect as very encouraging The suppliesare by no means marketed yet, of course, but the first general rush is overand future receipts are likely to come along In such a steady, uniform manneras to be controlled with comparative ease and an undue accumulation afloat
prerented ; thi! accounts from Cuba are very firm as to values, and In manycases show no profit at rnllng rates here, while advices from Europe Indicatethit the market* In that direction are Improving, and will In all probabilityattract considerable supplies. There Is also a better outlook on the domesticdistribntion, as reports again come to hand of small accumulations in theinterior, and a probability that buyers will soon commence to re-stock withthe opening of navigation. The demand during the period under review hasbeen a cautious one. buyers rather objecting to and resisting the advance, butstill the wants of refiners liavc increased, and they were compelled to handlevery fair amounts of stock, while there has also been some speculative inquiryand a few onrchases for export, the latter mainly from the very choice gradesof centrifugal goods. Refined goods have been in pretty quick demand, andthe production disposed of about as fast as ready, with prices still on theupward turn and a further advance established on most grades. The sales ofraw Include 6,759 hhds. Cuba; 860 hhds. Porto Rico ; 198 hhds. Demerara
.
400 hhds. Trinidad, P. 8.; 81 hhds. Scotch; 15 hhds. New Orleans; 10,160boxes Havana; 18,019 bags Manila ; 4,300 bags Pernambuco ; and 1,078 hhdsMelodo.
Imports at New York, and stock in first hands. May 2, were as follows:Cuba. Cuba. P. KIco. Other. Brazll.Maiilla.ftc.Melado
Imports this week.. 14.767" since Jan. 1. 153.5U0" same time, '71 103,922
I9:iui8 one holder's control, and higher prices arc asked.
•hhds.12,5139;.9»)
79J59
";ih.i».
1.59!6,1666,i88
•hhds1,154
21,35419,578
bags. bags.!',I4;
.12,379 503,64021,062 I6j,139
hhds.I.9Tn
9,29424,923
54,48;43 9112
83,684
2?,S85168,559339,868
7745,056
1,927
Stock In first hands. 50.968Ssmetlmei871 80.715
•• 1870 97,199
inOLASSKS.The market for foreign descriptions has developed no new features of gene-
ral interest since our last report, the volume of business proving fair, but notactive, and prices about as before, with probably a slight shading on some ofthe poorer qualities. From grocers the call is more or less restricted by theabsence of interior buyers and orders, and the purchases for trade use havebeen simply of such parcels as were required by the most absolute necessity,while refiners though handling a few cargoes were by no means anxious, andseemed to be quite particular as to quality, and their wants as to quantityeasily met. Importers, however, finding only a small accumulation to carryand the prospect that arrivals are not likely to run verj- large, have refraineddisplaying any unusual anxiety, and ask comparatively full figures for all
the upper grades. Domestic has ruled very firm and buoyant, the stock beingall under complete control, and owners naming pretty much their own terms.The demand was not active, but still a fair number of buyers were in attend-ance every day, and appeared to accept the position quite willingly. Syrupswere dull early in the week, but have since met with a little better demand andarc firmer, especially the fine grades, which are Influenced by the advance insugar. Sugar house moliisscs fairly active, but prices a shade easier, exceptfor small lots of choice. Sales of 1,866 hhds. Cuba Muscovado, 54 hhds. Cubaclayed, 75 hhds. Trinidad, P. S. ; 155 hhds Porto Rico, 60 hhds. English Is-land, and 434 bbls New Orleans.
The receipts at New York, and stock in first hands. May 2, were as follows:
H.O.bbls.
12225.1&)35.280
i,oon
4 100
Imports ot Soicar ^k IT(olaa*<i* at leadlns porta since Jan. 1.The imports of sus^ir (inclndinp Molado), and of Molasses at the leadlns porta
from Jan^ry 1, 1678, to date, have been aa foUows
:
.—Bo:1X72.
J«w York .... r8J9)BoslOD 5.231fhlladelphla... 8,672alClraore 25.660
Kew Orleans... 19^91
Total 212.640 I6I,4« 20:,8r> 2I6.S0O l,3«i.8aB 8I5/M3 91,236 119^• lDi-ln<llnK tlnrc'Msn'l barrsU redncsd to hhds.
SPIGESI.An absence of Invoice movemcntH of magnitude has again been a notice,
able feature on this market during the greater portion of the week, thebusiness from day to day footing up quite small . The position, however haslost no strength, gained In fact. If anything, and holders appear to have Jostas mnch confidence as ever In the future . There Is a little nerrooaoaaa In
PRVI'TS. &e.
The specnlatlve movement in layer raisins noticed at the close of onr laat
has entirely subsided, but a moderate amount has been taken by the tradeduring the week, for the purpose of replenishing their depleted stocks. Thesupply in first hands Is small and well under conlrol.so that the advance haabeen firmly maintained. Currants do not show any material change. Turklabprunes have been moderately active but prices continue weak and buyert harethe advantage. Citron is a shade lower, but steady at the decline. Dates havesold more freely to the trade at steady figures. Figs quiet. Sordines dull.
Foreign nuts of all kinds are scarcely moving at all. The market, aa a whole,rules In a dull uninteresting position.
Foreign Oreen .—The arrivals of this class of fruit continue liberal, bnt not-withstanding the free sales by public auction, there being four advertised forto-day alone, prices keep about steady for i)rime goods. Wo qnote in a Jobbingway, t3 45 for Palermo lemons ; *;i 50@$8 75 for Messina do
; |3 iO&t* 'orSorrento and Messina oranges
; $3 for common Palenno, and $3 50(2(4 for
MounUln do. Baracoa cocoannts $.35 per 1,000 ; Bananas tl 75®!* 75.
Domestic Green.—Apples are a trifle more plenty, and the tone of themarket is easier Cranberries have been reduced to a mere nominal stock,and sell at about former prices. Strawberries have arrived in moderateamounts, and rule at an average of $1 25 per quart. Wo quote as follows:
Apples—mixed loU, fair, $3 50@}i4 50; do. prime $5(845 25; selected varie-
ties, $5 50(a$6 50. Cranberries—fine, $16 50(3>$18 per hbl. ; and in cratea.
t6@$6 50.
Domestic Dried.—Apples are in only moderate request, and to force a lot onthe market lower figures would have lo be accepted. Peeled peaches araquiet, bnt steady. Unpeeled dull and lower to sell, though no quotabisdecline can bo noticed. Raspberries, cherries and plums arc rather scarce
and firm. Peanuts have been more active on a speculative inquiry, bnt pricesnot materially changed. Other desc. iptions quiet and unchanged.
PRICES CURRENT.The FoIIoivlnG: are Rnllns <lnotatlon* In First Hands.On the Purchase of Small Lots Prices are a FractionHleher.
Tea.„ .-Duty paid—,Hyson. Common to fair S5 ® 63
do Superior to fine 70 @ 85do Ex. flne'to finest 95 @1 15
Tonng Hyson. Com. to fair. 50 @ 60do Snper.toflne. 70 & 95do Kx.flnetofinestl 00 ®1 30
Gunpowder com to fair... 65 S 35do Sup. to fine.. 95 @1 15do Ex. fine to finest. 1 :>fl at 45
Imperial, Com to fair 58 ® 70do Sup. to fine 75 la fiO
do Extra fine to finest 96 @1 10 I
Come
Hyson 8k. A Tw C. lo fairdo do Snp.to fine.
H.&k.Al'w'kyl!.x.i.to liu'slUncol. Japan.Com. to lalr..
do Siip'r to fliif...
do Kx. I. to finest.Oolong, Common to Iftlr
do Superior to finedo Kx line to finest,...
Sonc. & Cong., Com. to fair,
do Sup'r to fine,do Ex. r. to finest.
.—Doty pald-i
, «a 90.» ....
a 60» 75«! 15» 51a 75«1 3ta 58
a 75ai to
Imporu this week
Cuba,•hhds.
.. 8,9!0
P. RICO,•hhds.
1,519
1.6831,1101,713
Demerara, other•hhds. 'hhds
74 988816 3.K0
1,255 8,281
IM428
1J82
" aametlmeini toiou
•took In first bands 2,404" " same time 71 5.241
same time TO 16Jll
NOMrNAL FIOURKS.Klo Prime, duty paid. ..gold. 19 ie\»i( , Mativo ccylon gold. I8wal*)<Rio KOOd gold. ;S>i9I8s' I Maracalbo gold. 18 ai»>«do 1 air gold. i;tai8 ' Lagnayra goid. IS <• 1»Kdo ordinary gold. 17 ai7X SI Domingo, In bond. ...gold. 12X'*18lava, mats and bags golo. iH4»ZZi4 I Jamaica gold. .7 ^19Java mats, brown gold. 22K^23 i
Saear.ya 8K
IHav'a, lli.x, U.S. Nob. 19 10 20.. 11X019Havana, liox. white.... Il}4al2Porto Ulco.refinlnggrsdcs... S a9
do grocery grades 91iai^KBrazil, bags 7Va 9Blanlla, bags 7Ha 8WWhIteSugars.A a>lMdo do B ICXaudo do extra C alOK
Yellow sugars 91iai0>fCrushed and granulated lIxaKPowdered aUX
Cuba, Int. to com. refining. . .
.
do fair to good refining. . .
.
no )rlrae,igoo
ce grocerycentrifugal, hhds. & bis. 3!-i@10H'
Frtra .
air to good grocery.,pr. to cliolce
3>««9. ... a9K- 9?<fe ! H9H® iX
dododo ... ,,
do Melado 4^<^ 6%do moiasses 7}4a Ss
Hav'a. Box, D. 8. Nos. 7 to 9... 8 a 8\do do do 10 to 12.. 9 « 9Kdo do do 18toI5.. si^aitKdo do do 16 to 18.. lONailJt
molasses.New Orleans new V gall. 65Porto Rico 40Cuba MuscoTodo 84
®79a 55
a40
I Cuba Clayed „ 84Cuba centrllugal
IEnglish Islands
,
.84 AM82 SS
Rice.Rangoon, dreased, gold In bond 8Xa iii I Carolina I^a *M
Spices.» a 8039 S ao
tea , 'Hhds . Bags ,
^Molaseee. -. •Hhda.
—
1871. 1671. 1871. 1872. 1871. 1872. 1871.103,922 131.711 123.212 556,019 193301 S7.T2J 50.34415.^10 15.016 2;,4>4 782 445 49,687 15,034 17J;9!8.;»1 12.373 21.295 2,761 56,624 25,Wn 39i3ai19,236 36.0n 37,514 21,100 15,47! 7.179 12,406> 1,728 3,402 :i,98.5 5.098 876
CMBla, In cues. . .gold 9 lb.('MRU. In maU do _GlDger, Race and Af (gold) lOHd l\HMace do 1 M ®1 »Katm^fs. casks 95 ® 91
do cases Penang 95 ^ 97
Pepper, In bond (gold)do 8ama ra A Singapore
Pimento, Jamaica... (gold)do In bond do
Cloves dodo In bond do 12 a
t8K18H
n^FralU and Nats.
Ralslns.SeeaiessMiw t frail. 6 2sa .
.
do Layer, 1871, V box 32 65do Sultana, V B '.tHIt 17lo Valencia,* »do Loose Muscatels
Currants, new ^ ft
Citron, Leghorn (new)Pmnes, ^French
,
Pmnes, Turkish, olddo new
DatesKigs, Smyria V %.Canton Olnger, cose. 9 00 a9 25Almonds, Langnedoc I8ka .9
do Tarragonado Ivicado Sicily, soft shell..do Shelled. Sl.lly...do paper shell
Sardines V hi. box.•ardlnsa « ar.hoz.BraxllNnU. new
UKI niberts, Sicily UK;
do Barcelona, Alrlcan Peanuts ^ —
11ya 12 Walnuts' Bordeaux 9Ha lOM16 as 90 , Macaroni, Italian IS • W7xa 7H yireCrack.be*tNol*box2 40 »2 «iK89 4 DOHSSTic DBisn rniriTs.II a 15 , Apples, State •> •. lOHf—a ) do Western8Ha 9 [ do Southern, common7 a 7W
Ido prime.
IS a IS '
•1
itr».
icHa iiH
s«5 'jS
i7ya 18
.. a 16
i8Ha21 a 81
27Ka 39
KH* a21 wa 41k10 a lOM
do sliced, newIPeaches, pared
Ido unpared,qraAhlTe
• Blackberriesriierrles pUMd
II'fCsn Nuts V ».Hickory hula » bosb.l 7»
I Chestni.l^ do
I
Peanuts, Vajt'd to fDej old ^. _ .
dn clonew I 6» #111do mi.jr'dtobeatdo I itiai
18Ma Muiim w14 m II
>Ma.. a 18
M a 84
' • J**•2 OB
602 THE CHRONICLE. [May 4, 1872.
Alum 3'A@BlCarb, Soda (Eng.) 6^9Borax... @Sal Soda, Cask 3 @^Ipbar ®Baltpetre
Orocers' Ornsii and Sundries.3X Slc.Llco!-6«
S33}»
16
15
Calftbra, imitation.*' genuine i^
Madder gold. 11
Indiifo, Madras srold 1 03do Manila gold. SO
® ...
® ...
©1 07 ;s
Copperas l>i@ IX Cordage, Manila, ^andjii. ;8l<@ 1»
Camphor. In bbl» @ 18 ' do do Larjje sires. 18 » ...
CaetileBoap ^ "
Rgaom Baltsa, 2K|
THE DRY GOODS TRADE.Fridat. r.M.. May 3, 1818
The distribution of piece goods lias been increased somewhat
during the current week by the demands ot houses in the interior
for goods to replenish stocks which had become somewhat de.
pleted by the improved demand from consumers which has sprung
up within^the week. The weather hasbe^n very mild throughout
the country, and the retail demand coming somewhat later than
usual has been more than ordinarily active. lu the large cities a
liberal trade has been aone, and second orders liave come in by
mail for large amounts of staple and fancy goods. Resident buyers
lor out of town houses are in the markat to some extent mainly
for some of the less staple qualities of goods, as their large pur-
chases of staples made earlier in the season have not become ex-
liausted as yet. The general business of the season thus far has
been fully up to expectations and in the aggregate a considerable
increase over the trade of last spring is reported, notwithstanding
the fact the trade began unusually late. Collections have been
fairly prompt, and the finances of the trade are in a reatonably
healthy condition. Long credits have been granted in many cases,
but outstanding bills are met at maturity.
BROWN DHILL8.Width. Price.
Appleton 16MAmoskeag 15XHamilton li}4
do blue.. 17XLaconia 15^Lyman U 15>4Massacii'tteO .. iSXPcppcrell l.^X8t«rk A 15XBLEACHED BHEBTINQg
* SHIRTINGS.
I
DEi.AiTiES AND -woRBTED | Audroscog'n sal 16X
4U43
3636m31
Amofikeag.dodo A.
Androscog-ginL....
Bartletts .
.
do ...
do ...
Bates 46do XX.. 36do BB... S6do B... 33
BlacketoiieAA 36
Boott B... .%do C... 3.1
do O... SOEllertonWS4-4Fruit of thoLoom 36
Gr't Falls Q 36do S 31do A 32do M 38
Lonsdale. . . 36do Cambric 30N. Y. Mills 38
Domestic Cotton Goods.—The features of the trade in do
mestic cotton fabrics have not been particularly marked, and
there is but little to note beyond a continued steadiness in the
tone, with, perhaps, some improvement in the aggregate move-
ment in consequence of the increased demand from the interior.
Prints have sold well in light effects, with the choice continuing
for trailing patterns and fresh colors. Prices are stifT, but with-
out improvement. Brown and bleached cottons are moving with
some freedoi^. in assorted lots, and continue fairly firm at previ-
ous quotations. Colored cottons are quiet and firm at full figures.
Domestic Wool.en Goods.—There have been no important
changes in the market since our last report, and the feeling is
not one of marked buoyancy. The supply of light weight fan-
cies in first hands has been pretty well reduced by the purchases
of .jobbers, and agents are nominally firm in their asking prices.
Jobbers are well stocked up, but have had a fair call from dis-
tributors within the past week. Cheviots and other suitings are
Belling well, and bring better prices relatively than some of the
less popular effects. Manufacturers continue to run on full time
as the rule, and are turning off' a large amount of heavy weights
tor the fall trade. Prices have not varied quotably since our last
report.
Foreign Goods—Have not sold very freely this week, but have
shared to some extent the improvement noted above as occurring
in other departments of the market. In silks, millinery goods
had a fair inquiry, considering the advanced time of year. Of
these may be mentioned crape imperatrice, satin De Chambrayin both black and colors. Turquoise, and Lyons Gros de Naples.
The demand for fancy dress silks continues on a limited scale,
and Japanese, Pongees and fancy poplins meet with a steady if a
slow sale at former values. The demand for first-rate blacks
appears to have partially revived, and twilled makes of heavy
weights meet with attention. Dress goods still sell freely in
alpaca and mohairs, both black colors, the shades in colored goods
most run upon being novel mixtures of draV.s, stones and grays,with well brought out lavenders. Ginghams are taken readilyat a cent below the usual quoted prices. Woolens are quiet forthe moment, but a fair State trade is doing among late buyers aswell as in the East, the goods most in request being still low-priced foreign blues and blacks, with a selection of fine Yorkshire,Scotch and West of England novelties. Importers are mostlydull, and the trade doing is chiefly with the jobbers.We annex a few particulars of leading articles of domestic
manafactnre, our prices quoted being those of leading Jobbers :
)5X
ISJiU>i168130S8X3S40456018
52X60SO
48-49-410-411-4
Penperelldododododo
Poccassct F 33Utica 6-4dodododododo
18H1716
17X15X1.3X12X19191614
16
KH14K18X15
1817
nx14X18>i
23;iS2
FABRICS.Pacilic Plaids 21
do Mixtures.. 21
Japanese Stripes . . 21Printed Alpacas. 21-a7X I
Imperial Repps.... g7>^ |
Anilines .. 22
K Poplin Lustres.. 20
^ Armures 20
X Alpaca Lustres. . 22)i)i Corded Alpacas. 26Ohlans 23>i% Crapes 25
)i Biarritz Cloth... 25
Ji Satincs and Srip-cd Satincs 37X
6-4 Alpacas 27X-32X6-4 Double face Pop-
lins 40Steel Lustres 86)5"
lAWNS, 1»ERCALK9, &C.Pacific Percales 23>i-27>i4-1 P. Crotonne.l5>4-17XPacilic 14.00 L'8..16X-18do doOrK'diee.18-20
TICKINGS.Amosk'g ACA. 31
6-4 27><-3032>^3540466011.30
37)f206660
17X192725
dodododo
Cordisdododododododo
Enstondo
A.. U%-95B.. 20>i-«JC. 183i-20D.
AAA..ACE..No. 2.
No. 3.
No. 4.
No. 6.No. 6.
No. 7.
A. ...
B.
18243026
28K1!)
171615
13K12X
-32;«-21
22
Lewiston A.. . 35do B... 30
HamiltonSTBirics.
Albany 7>«Algodoa 12XAmerican 12X-18XAmoskeag 19-20Arkwright . . .
.
19Easton 14
Haymaker 11-llMHamilton 18-19
6-4Nonp ..
9-410-4
... .86heavy 36
Warosutta.. 46do .... 40>tfdo .... 86 —do XX 36 21
I
PRINTS.I
Price.I
American llX-18 '
Amoskeag lOX 1
Bedford 9Cocheco 12 I
Garner & Co IIK I
Gloucester IIX I
do mourning 11Lodi II
I
Manchester 11^-13 |
Mcrrimac D dk 12JfDolly Vardens 13>ido W pk and pur. 13Pacific 12Kichmond'8....11>i-12Simpson 2d Mourn. ll><f
do black & white. IIMSpragne'e faDciesl 1)^-18Hamilton llX-12 Everett.
GLAZED cAHBRics. Haymaker BroAmoskeag 9>f Hamilton..Garner 9X 1 Manchester ..
.
Harmony 8X IOtis AXA
Manville — do BBPequot 9>i 1 do CCRed Cross 9)i
\
cobbet jeans.Victory H. —
IAmoskeag
W'hittenton A.do BB..do C.
CHEOKS.Caledonia, 70..
do 60..
do 18..
do 8..
do 11..
do 15..
Park, No. BO..
do 70..
do 80..
do 90..
do 100..denims.
AlbanyAmoskeagArlingtonBedfordBostonBeaver Cr, AA
1714
22j^
1622
27Ji171921
23><25
132615
UX1221
Chester D'k B lOX-1192X14
20282118
Bates .
Berkley ISXCanoe River.. 13XHallowell Imp 14>iInd. Orch. Imp 14Laconia 14>iNumkeag. ... 17
PAPER CAMBRICS.Lonsdale 13-13XS. S. ASons... 13-1.3XWarren 13-13>iHigh colors Ic higher.
BAGS.American 36 00Araoskcac 36 00Great Falls A. 37 00Ludlow AA.... 37 00Lewiston 37 60Ontario A 40 00PowhattanA.. 87 50
do B.. 48 50Stark A 40 00do C 3 hush 65 00domestic oingiiams.
Amoskeag 15
Bates 14Cali^donia 13JiDownright 12XGlasgow 13XGloucester 12Hartford 12>fLancaster 14Manchester 12Namaskc 14Park Mills 14Pcahody ... 18Quaker City liXRenfrew l.')
L'nion 12^AMERICAN CRASH.
Brown and Bleacked.Stevens, NN.. 16>!i-16X
do N., '- "'"do Ado P...do D.do B...
Stark AAdo bleached. 18
SPOOL cotton.Brooks, per doz.
200 yds. ...
J. &P. Coat'sClark, John, Jr.& Co 70
Clark's, Geo.
A
70Willimantic, 3cord 46do 6 cord. 70
Samosset 40Grean <fc Dan-
iels 40Hadley 66-67XHolyoke 35Sterling 70
CARPETS
.
Velvet, J. Cross-ley &, Son'sbest 8 60do do A No 1.. 2 46
Tap Brussels.CroBsIeyA Son's.. 146Eng. Brussels. 2 20-2 30Hartford Carpet Co
:
Extra 3 ply 1 67XImperial 3-ply.. 1 60Snperflno 1 36Med . super 1 20Body Brus6fra. 2 10
do 4 do 2 00do 3 do 1 90
Hemp, plain, 33 in 22Xdo ex plain, 36 in 83
. .15:!*-16>i
..18«-14K.14X-16X
iix-iax17
7070
IMPOKTATIONS OF DRY GOODS AT THE PORT OFNEW YORK.
The importations of dry goods at this port for the week ending
May 2, 1873, and the corresponding weeks of 1871 and 1870
have been as follows
:
ENTKKED TOR CONStJMPTION FOB THB WEEK ENDING MAT 8, 187 1.
BSOWn BBEETINGS ANDSHIRTINGS.
Width. Price.Agawam F...Amoskeag A .
.
do B..AUantie A...
do D ...
do H...Appleton A..
do N..AngustaBedford R. .
.
Boott Odo Sdo W
Oommonw'lthV 27
36 1236 1536 —.36 1536 1330 14><36 1630 12)<36 1480 10W 124048 1?^
t,H
Continntal C. 36DwightX... 27do Y.... 32do Z .... 36
Indian Head 4-4
do .48Ind'n Orchard
4037do C.
do BB.do W.
Laconia O . .
.
do B...do E...
Lawrence A
.
do D..&i XX 36
do Ui. 36
3039373636:i6
14« Lawrence J.. 40llX do Y.. 3812X Nashua fine O 3313 do R.... 3615 do E... 40
do W.. 48Pepperell. . . . 7-4
145^ do .... 8-413« do ... 9-412X do ....10-4na do ....11-414 do ....1^-4ISK Utica 3613 do 10-413 do 11-4
14 do fln« ITon mx
Manufactures of wool . .
.
do cotton .
.
do silk
do flax
Miscellaneous dry goods.
Pkgs.690942559712636
Value.$204,021236,090381,652156.788141,702
. 1871 ,
Pkgs. Value.946 $398,882
430,970601,711282,779222,667
1,558674
1,351944
Pkgs.1,0181.748686
1,0103,386
-1872 .
Value.$373,932512,052625,761247,078252,961
Total 3,389 $1,120,053 5.472 $1,936,999 7,841 $2,011,794
WITm>EAWN FROM WASEHODSE AND THROWN INTO TBI MARKET DURING THESAME PERIOD.
Manufactures of wool .... 698 $280,807do cotton.. 585 166,010
do silk 86 79,245do flax 712 104,842
MiBcellaneone dry goods. 4.780 47,800
Total C,7.'i6 $618,704Add ent'd for consnmpt'n. 3,389 1,120,056
30170448209
$176,98474,62391,53386,411
80,198
1,5175,472
$448,5881,9!>6,999
619380166670
4,6SJ
6.2467,841
$216,10395,343889,74778.29642,600
$781,9888,011,794
TotaUhrownuponm'rk'tlO,144 $1,738,767 7,019 $2,3J6.587 14,087 $2,733,782
ENTERED POB WAREHOUSINO DURING SAME PERIOD.
ISXI
UanufactnrcB of wooldo cotton..do silk
do flax
Hiscellanoous dry goods.
31921541
854481
Total 1,410
Addemt'dforconsBrapt'n. 1,011
$113,68767,31840,66077,65924,399
$818,4231,180,053
484 $189,603.387 87,774129 161. 9C9260 52.815
2,980 32,431
4,1805,478
}524,5321,936,999
7073932856.38
6,124
8,087
7,841
$332,456180,471
253.963166.21872,449
$9M,6468.011,794
Total entered »t the port 4,TO9 $1,173,873 9,692 $2,461,531 IWf^ $3,966,339
May 4. 1872.] THE CHTIONICLE.ir.
;
_603
Commercial Catds.
KtUbUihs4
1887.
AxTHOUT B. 811TOMB.KDn-muN. 8ntuii».William B. Moiuwood.
U. S. Bonded Warehouse
Snyder, Son & Co.,
236 & 93T SOrTH 8T, NEW TORK.fitoraK« ioT
TEAS. MATTINO, LIQUORS, »nd BONDBO GOOD
Ol' evi;ry deacrlptlon.
Inaurauce at Lo^vcat Rat«s.
Olyphant & Co.,COMMIBCIOS MKRCllASTS,
Honic KonK, Shan^ilial, Foortaow Oc
Caulou, Clilna.REPBK[*KNTtI) BV
OLYPHANT tc CO., of CUlua,104 Wall St., New Vork.
H. E. MoRiNG & Co.,N IC AV YORK.
REl'KKSEKTINGme»«rai. in.\CI,AINi;, WATSON & CO.,
BATAVIA.nesMrs. SiTHTH, BELL A: CO.,
IffANII>A.CraesBrs. BEHN, IllKYER & CO.,
< )i_) ^SINGAPORE.
rriPBBii CAsarr. ». l. BowLre,? om,„„>ew rork. wmkav, jBMton.
CABot, Bowles & Co.,rojnjnissiON merchants
AXDBROKERS
Gnnny Clotb, Linseed,Bagv, Butts,
Jute.
AND GENhRAL MERCHANDISE.
121 Front Street, NEW^ YORK,15 Hllby St., BVSTON.
Everett & Co.,86 State Street, Bostail«
AGENTS FOR
ADOOBTINE HEARD A CO.,01 CHINA AND JAPAN.
Advances made od consleumeDts of approved merchandizft.
John Dwight & Co.,MANrFACTURERS OF
SALERATI'S,SirPER CARB. SODA, &c.
No. 11 Old Slip, New York.The JobblDg Trndc OXLT SujipUcd.
Walsh, Smith,
Crawford & Co.,S8 wrall Street, NEW YORK.
Crawford, Walsh,
Smith & Co.,COMMISSION MERCHANTS, Mobile, Ala.
Stephen Higginson,NO. 87 BEAVER STREET.
O. Rox No. 4,«1«0. KKW TOKKRep?e«ent)nK
Measn. IVBMMLKH <t (0.. BaUvta and Padang.CHA.s. TltoUF.I., * C'l., yokoliama.CJ,*RKl;. ^il'KNCK a CO. Galleft Colombo
Henry Lawrence & Sons,
MANUFACTUBKBS OF C0RDA6B
rVR EXPORT AND DOIVESTIC VSK.
)M ITBONT BTRKJtT KKW YOIiK
Ocean Steamsbipi.
STEAMERS
General Transatlantic CoPlIiElKE,ViLLB t»» PAHIH,Bt. T, \i hknt.V, IUvii»,I
Vi .;.. i-i:v.HT,
.Atlantiqcx,PRASCIt,Panama,
VlI,I,K OK 8t. NaZAIIIK,Vll.l.K VK BonDKAtX.Loi'IMANK,Flobidk.MARIINKjir,UVAUKLOrrKDkmrade.Gt'YAKiC,SoiroKA,OakAIBS,
(rARAVKJ^LK.
Postal Linen of llic General Trans-atlantic rompniiy.
From JIAVItK (o NEW YOKK. ojiIlhiK «t Brrdt. andrtrf rfr.ta. Twice amimth. Shortly once a week.From fiT. NAZAIKE to \'EKA CKI'Z. crallliig at
SRiiiautU'r, St TbouiuM and Itaruua, and vice versa.Dnceaitionth.Kroni ST. NAZAlllK to ASPINWAU-. calllnR at
Martlnltitu', I>a Otiayra and Silt. Martha, and vice versa.Om-*' a iniintb.From i'AKA>tA to VALPARAISO, calUnjf at Inter-
mediate ports, and vice versa. Once a inunth.
Brancli Lines, fPostnl] s
From 8T. THOMAS to ASPINWALL. ealHnflr atPorto Ulco. Hayli, SanlUiKo do Cuba, Kingston,(Jamaica.) and rtre rertKii Once ii month.From ST. THOMAS to FOUT Oi: FUAN'Ct:. (Mar
xrMQVK,) calling at Bapsc Terre,(*Juadeloupe,) Pointe-a-Pttrc. (Guadelonpe,) St. Pierre, (Martinique,) andvice ivr««. Once a month.From FORT DK FRANCK. (MAHTisiorK,) to CAY-
KNN*F. calling at St. I.ucia. St. Vlnrent, Grenada, Trin-idad, I)emerura, Suriuam, aud vice rer'^a. Once amonth.
The splendid steamers of the fionth Pacific Line,leave Panama for ValnarolKO and Intermediate Pointsof Ecnador, Bolivia. Pern and Chili, on the :iOth of everymonth and connect closely with the Steamers of theI'aclflc Mail S. S. Company, leaving New York on the15th of every month for Asplnwall.For Rates of PassaKe and Frelpht, Dates of Depar-
ture, or further Information, apply to
GEOItGE IflACKBNZIE:,Agent. 58 Broadway.
Dry Goods.
J.S.& E.Wright &Co7,
9J 4 94 Franklin street NEW TORK,
69 Franklin street ...BOSTON.
241 Cheetnut street PHILADELPHIA.
AGENTS FORPepperell Hlf^. Co.,
Otis Company.Bates nrg. Co.,
Columbia mfg. Co.,
AndroscogKln mills,
Continental mils.,
Warren Cotton mills,
Laconla Co.,
Boston Duck Co.,
Franklin Co.,
Thorudlke Co.,
Cordis mills.
Brinckerhoff, Turner &Polhemus,
Mauufacturera and Dealers in
COTTONSAILDUCKAnd all ktndi of
COTTON CANVAS, FEI.TING DncK, CAR COVKBINO, BAOOIXC;, HAVENS DUCK, SAIL TWINES
&C. "DNTMllO HKAMI.KSS BAGS," AWNING STRIPKS."
Also, Agents
I'ntted States Buutlne Coiupany.A full tupply all Wldtlis and Colort ain-aya In stock.
No. 142 Duane Street.
Ocean Eteamihipf.
CUNARD T,INF,.THK BKITIBII • -. ROTAl,
BKTWKE.N . ., ,,,,KOOL,
CALLING A IIBOR.. raovCtTBA , '. iI.,...|iiy,May I.SCOTIA. V. .;,;«.Java / .<.v..l «
, u.glllNA V.
, ».
bataVia. .",. 'rV^AI.GKItIA .i.i.-.<... .yll.PARTIIFA ,tB.CALAHRIA ^..lur.|;l> M.yai.AUYt(8INIA Mllirdny. June 1.
And rverf foltowinfr \^'e4ae«dar and Saturday fron
lt> I
• NSSAUK.-CaMn, HO, tlW, and *1Mfi'i '• accunuiiudatlun.
I' . fU gold additional.hcmrii inKrtH i '
SU'eru^c i.lfl currtncr,stecraK« tlrkt' mhI Qncenstown
and nil pftrf. "f i iAi'K,Thrnuirii ,« kIvcu lur J>elfa«t,Glat|tow.
IIH^rl., .\i' 'T ports on the Continent, andfurMirtlt. , -.
For frt'iKiit mm ';iinii pajfMiK^' apply at the Coio-pany's ofllce. >io. 4 HowIliiK (irc< n. Fur f»lccra^c pas-sage, at 111 BroadKuy.Trhilly HunilliiK.
ClIAK. G. FRANtTiLY-V, Agent.
NEW TORK, < ORK ^^T) [ I\ h RPOOL.NEW AND FLLLPoWLLiU MLA.MSUIP6.
THE SIX LARGEST IS THE IVOBLD.OCEANIC, CELTIC. REPIBI.IC.
ATLANTIC, BAI-TIC. ADRIATIC.6,000 tons bnrden-3,000 b. p. e«ch.
Sailing from New York on SATIHUAYF. fromLiverpool on THLItSDAYS, and Cork liarlior the dayfollowing.From tb« TTblte Star Dork. PaTonIn Ferry. .Iers«y City.PaseeuKer accommodations (for all classes) nurl'
vailed, conibluluffSAFETY, SPEED AND mMFORT.
Saloon., slatc-roolnp. .ftinokliiL- 'Mfh-roomsIn midship Bpctlon, where leapt r surKConiand stewarilcflftes accompany tl;
RATES-Saloon, ISO koIiI. t;;..i..^. . !.. carrency.Those wishing to send lor friends from the Old Ccnn-try can now obtain steerage prepaid certtflcates, mcnrrcncy.Passengers booked to or from all parts of America,
Paris, Hamburg, Norway, Sweden, India, AnstrallaChina, etc.
Q Excursion tickets granted at lowest rates.Drafts from £\ upwards.For Inspection or plans and other Information, apply
at the Company's offices. No. 19 Broadway, New York,J. H. SPARKS. Agent.
For Liverpool,(TIa Queenstown.^
CARRYING THE UNITED STATES MAIL.THE LIVERPOOL AND GREAT WESTERN
STEAM COMPANY will despatch one of their flrst-
class, full-power. Iron screw steamships from
PIER No. 46 NORTH RIVER, EVERY WEDNESDAYas follows
:
NEBRASKA, Capt. Gnard May 3, at 3 P.M.MINNESOTA, Cant. Msrgao May. 8,at3P.W.IDAHO. Capl. Price May list UK A.M.MAKHATTAN. Capt. J. B. Price ... ..MavK, at S P.M.WISCONSIN, Capt. T. w. Freeman.. . .Mav 29, at ij M.NEVADA, Capt. Forsyth, June 5, at 3P.M.Cabin passage. teO gold. -' <-
Steerage passage (Ofilce No. 39 Broadwajr) (M cur-rency.For freight or cabin passage apply to
- .. WILLIAMS * aUION, J!o. «a W(lh«|» VPACIFIC MAIL STKAM8HIP COMPAM^'"'
TtfROlTGH LINE
To California & China,
AND JAPAN*vf^^^a !.<>«
QM.'THROUGH FARB»1.1
TOSAJJ FRANCISCO,
'--V
yiu. BOBDXir. L. 3f. LOTELL.
Borden & Lovell,oommissioN merchants
ANDGeneral Aeeut*.
Borden Mining Co.'sCCnBKRLAND COALS,
ANDFALL RIVER IRON WORKS CO.'S
Nalla, Band*, Hoops and Rods,W and 11 WJiHT »T.. New York,
First Class . . • (1S« to tlSQStceraee ...... ^«6
According to location of berth
These rates Include berths, board, and al neceiries for the trip.
CHANOK OF SAILING DAY8.
Steamers of the nboye line leare PIEK No. 4S NORTHUIVKR, foot o( Canal Street, at 12 o'clock, noon.
On ISth and SOtta of Eaeb KIoBtkeiccpt when those daj s fall on Sunday, then the dayprevious. ,. J ,.One hundred ponnds baggage Iree to eacb adult
Medicine and attendance tree. „„.„„__„ ,.Departure ol IStb toucbea at KlhOSTON. Ja.
Steamer will leave San Francisco 1st every month for
Chlna.and.Iapan. „ .. . . ,. .n »«... i,.in..For freight nr passage HckeU. and all fSrtbsr liilci^
msUnn, apply »i the Company's Ucket omce an the
wtiarf, foot •f taaal st.
V. R. BA»T« Ak»»1.
^ffiiWiLLiAM Lamb,AGENT
ALLAN LINK „^^,LIVERPOOLSTEAmERNORFOLK, Va.
Parllealar attention given lu.tht |>ar«l>*M of Soatkcnrroilac*.
604 THE CHRONICLE. [May 4, 1872.
Miscellaneous
K E III O V A L .
Brinckerhoffj Turner &Polhemus,
(Cotton Duck.)Have RemoTed from No». 1 3 and 1
5
I<l8penard Street
TO
No. 142 BUANE SXKKBT,
T^Sbers, addressed to the-*- Postmaster-General of Canada, will be received
Ottawa until SATURDAY, the lltli MAY, next, for
the conTeyance of Her Majesty's Malls twice a month,
by steamships of not less than 700 tons, between Vic-
orla, British Columbia, and San Francisco, for any
term of from one to ftve years, commencing on and
f rom the 1st of August next.
Tenders to state the price asked for the double
voj-age from Victoria to San Francisco and back, or
CTC« vrrixi. and pamient will be made at Victoria,
monthly or quarterly, as may be afircoil upon.
Stipulations of proposed contract mav he seen at
the Post Offices of the chief cities of Canada (including
Victoria), at the offices of the British t^jnsuls at >ewYork and San Francisco, and at the office of Messrs.
Allan Brothers, Liverpool.WILLIAM WHITE,
Secretary.
Post offiok Dkpaetmbnt, Canada.Ottawa, March 8th, 1872.
Wm, H. Vtysty,PROFESSION AI. ACCOUNTANT!
OFKiCE 150 B OADWAY, NKW YOHK.
Book' opened in plain and co ciae manner. Corn.
plicated and disputed accounts Investigated and ad-
'rwboINCKS :-New York-Henrr Clews, F.>q.,hank
er ff'Wailst. ; Messrs. David Lamb & Co., ImnorterB,
I'lS Duane St.- Benedict & Boardman, Counsellors at
Law 32) Hrf^atiway ; I- ranie. Hare & I ockwood. Insur-
ance AgcnlB, 212 .roadway; Thomas h;a.liour Esq.,
(Barbour Brothers). Presi.lent ol tl.e Barbour 1 lai
SplDnlne Co , Patterson N. J.
Financial,
THIRD AVENUE
Savings Bank,Cor. Third Avenne and 26tli St.,
NEW YORK.
JOHN H. I.YON,President,
CEORGE li. HAIGHT,Secretary.
Open DilLT Fkom 10 A.M. to 3 P.M.And on the Evenings of
MONDAY, WEDNESDAY AND SATUBDAYErom 6 to 8 O'CLOCK.
o—Money deposited on or before April 10th will draw
interest from April Ist.f
-—
o
I
SIX PER CENT INTEREST PAID ON ALL SUMSFROM tl TO $5,000.
Financial.
James Robb, King & Co ,
BANKERS,»« WALL STREET
Isane Letter* of Credit for Travellers
Available In all part of Europe, etc., throupb
CITT BANK, ...... LONDON.HOTTINGUER tc CO.. • • . PARISAlso COMMERCIAL CRKD1T8 and DRAFTS on
LONDON, PAKIS, and SCOTLAND.ADVANCES made on ConslKUments. STOCKS and
R'^NDs bought iind sold on Commission.
Electric Signal Bells,for Manufactories,
Private Residences,
Bell Telegraph Lines, etc.
A simple, convenient and effective means of cstab
Ustaing telegraphic communication.(Sn%e put up and operated by ""y ooey".''"'}'-*'?;
culty, and at a trifliiiK expense. MATERIALS and
FULt INSTRITTIONS furnished.,
,
. ,Battery novel and constant No acid, no fumes. A
«hild can take care of It. The whole arrangement
fjraisan INDISPENSABLE CONVENIENCE.
F. L. POPE 9c CO.,
Box 6,010. 80 Broadway, N. Tf.
^Rgss, Roberts& CoiH•1 Front Street,
CNear Wall.)
DIPORTBRS AND COMMISSION KERCHANTg MBacKloK) Rope,
anaIron Tl«a>
BoT and a«ll Contracts for present and future dellT.
arles of Cloth. Agents for following Bagging Mills,
William C. Oilman,DRALER IV
INSntANCE: SCRIF,AND
Fire and JVlarlne Insarance Stock*46 P HP HtreM. cornnr ofWMTIam Strapt. N.V
E . S . Bailey,66 WALL STREET,
Dealer in
Fire and IHarlne Insurance Stocksand Scrip.
"SPECIALTY."Cash paid at once for the above Secnrities ; or they
will be sold on commission, at sellers option.
R. I . Wilson & L-o.,
BANKERS AND COMMISSION MERCHANTS
44 BROAD STREET.Liberal cash advances made on consignments ot
Cotton and Tobacco to our address ; also to our friendsin Liverpool and London.
Government Securities, Gold, Stocksand Bonds
Bought ' s,> <1 on C<tmmi8slon, andLOANS NEGOTIATED.
Accounts received and interest allowed on balanceswhich mav he elieeked tor at alifht.
N O. BABNBT. C. U. RAYMOND. B. D. FOSTBIC,
BUFFALO, COTTON PLANT, PALMITTOAKD DL»3I0in).
—Alto—Importer* of Rio Ceffee.\' -/
Barnev Raymond & Co.,BANKERS AND BROKBES.
6 WALL STREET.STOCKS. GOLD. BONUS' AND ALL OTHER
SECURITIESBought and Sold on Commission.
Interest paid on Deposits subject to check.
1). N. BAKNEY,)s„,MalA. H. BARNEY. S
"P""*'-
Cammann & Co.»Bankers and Brokers,
8 Wall Street, Mew York,Transact a General Banking Business, and clvbparticular attention to the PURCHASE AN I) SA LEOKG0VERNMKNT,bTATBANDi:AlLliOADStCL-KITIES.
'* Deposits received sublect to check at aleht.
Winslow, Lanier & Co.,BANKERS,
27 PINE STREET, NEW YORK.
Receive the accounts of Interior banfes, bankers,
corporations and Merchants.
Agents for the sale of City, County and Railroad
Bonds, issue Letters of Credit for foreign travel.
LONDON CORRESPONDENTS,CITY BANK, Xhrcadnoedle Street,
, M. 8WKN60N. W. M. PKRKIKP. D. L. KHKNION,
SwENSoN, Perkins & Co.,80 Wall Street New York.
Perkins, Swenson 8c Co.,Sew Orleans
Exchange sold on 'i eias and Louisiana. CollectlODSmade on all accessilile points.
GKO. ARKNT8. ALBEBT TOUNO.
A. D. Williams & Co.,STOCK BROKEItS,
40 .Wall Street Hew York.
Stocks and BondsBOUGHT AND SOLD ON COMMISSION
A. DENIS'N WILLIAMS. I J.P. WILIAMS,Member ol the Member of the
N York Stock Kxchans- I K. York Stock Exchange.
Samuel A. Gaylord & Co,BROKERS IN WESTERN SECURITIES.
33 Wall Street, __ NEW IfORK.
GorhamMfgC mpany's
Sterling Silver Ware.NBW AND ELEGANT DESIGNS
At the Old Stand
No. 3 mAIDEN LANE, NEW YORK.
JOSEPH BACniVAN
D. S. Arnold,OKNERAL
COJHiniSSION MERCHANT,AND
Oottvn factor,MONTGOMEUT. ALA.
AND323 North Third St. ST. LOUIS.
Ten Per CentMORTGAGES AND
raVNICIPAL BONDS.SMITH &. HANNAMAN,
BROKERS, Indianapolis.
Fmanclal Laws and Forms of Indiana sent free.
N. Y. National Exchange Bank Correspondent
STATE OF TEXAS 10 PER CENTBONDS,
STATE OF TEXAS SEVEN PER CENT GOLDBONDS,
Houston &. Ti-xas Central Ist Mort*gage Bonds.
Also 438,000 acres Land In Texaa, for sale by
SWENSON, PERKINS & CO.,No. 80 WALL STREET
Arents & Young,DEALERS IN
SOUTHERN ANDMISCELLANEOUS SECURITIESi,
No. 9 NEW STREET.
Loans Neeotlated.
Levy & Borg,20 BROAD St.,
Brokers and Dealers
IN
S]0 U T H E R N S EfC U R I T I E S
LOANS NKPOTLATED.
W. M. F. Hewson,STOCK RIKOKER,
Office No. 21 West Third Street, Clnolunatl, Ohio,Beler to: All Cincinnati BaAkB, and Messrs. LOCv.WOO.O A Co., New York,
W. B. liBONABD. V. O. SHELDON. W. H. FOSTER.
LeonardjSheldon&FosterBANKERS,
No. 10 TFall Street.
Buy and sell Government. State, Railroad and otherdesirable pecuritles, nialvinK liberal advances onsame, allow intccst on rteposlts, deal in commercialgaper, furnish to travellers and others Letters oi
redlt current in the principal cities in Europe.
W. W, Bebky, President, Edgar Joxxs, Cashier.
The Third National BankOF
NASHVILLE, TENN.Accounts of Interior Banks, Bankers* Merchants and
others solicited. Deals In U. S., State, County andCity Bonds.Collections made and promptly remitted for at the
eurrent rale of Exchange. No charge for collecting.EDGAR JONES, Cashier.
G. P. Curry,Exchange Bank, Angnsta, Ga.
Southern Securities 'of even; description, viz.: Un-current Bank Notes ; State, City & Railroad Stocks,
Bonds and Coupons.,, _. » .v. <,. . jC^ Collections made all parts of this state and
South Carolina, and remitted for on day of collection.
at current rate of New York Exchange.
Cubbedge & Hazlehvirsr,a«NK.KKS 4ND BROKEI£l«,
»i4.COfl tiA.
Mat UuUectlonn and do a Ceneral BAnkln^ an i
Brokerage Business.
BKiTKK TO EAST RIVBR NATIONAL BANK.
May 4, 1872.] THE^ CHRONICLE. ede^
Insurance.
OFFIOB OF THB
ATLANTICMutual Insurance Co,
New Tors, January «6th, 1879.
The Trutteea, in conformity to the Charter of the
Company, aubmit the following Statement of Its
affliira on the Slat December, 1871
:
Premiums received on Marine Rialcs,
from l8t January, 1871, to Slat De-
cember, 1871 t6,«»,1TJ MPremiums on Policies not marked off
lat January, 1871 »,0S3,675 18
Total amountof Marine Premioma.. $7,44e,4fi3 60
No policies have been Issued upon Life
Kisks ; nor upon Fire Risks discon-
nected with Marine Risks.
Premiums marked OfTfrom Isl January,
18TI, to 3lBt December, 1871 $S,37B,'m M
Losses paid daring the
! period. $3,735,980 63
Returns of PremlamsJk Expenses. $973,21184
The Company lias the following Assets, viz.
:
United States and SUto of New YorkStock, City, Bank and other stocks.. $8,143,240 00
Loans secured by Stocks and otherwise 3,379,090 OO
Real EstaU and Bonds and Mortgages. 217,900 00
Interest, and sundry notes and claims
dae the Company, estimated at 88fi,739 41
Premium Notes and Bills Receivable.. 2,409.937 95
Cash in Bank 974,345 01
Total amount of Assets $14,806,812 37
Six per cent Interest on the outstanding cerlt-fl
Gates of profits will be paid to the holders thereof,
or their legal representatives, on and after Tuesday
the Sixth of February next.
YThe outstanding certificates of the issue of 1868,
will be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday
the Sixth of February next, from which date all
Interest thereon will cease. The certificates to be
produced at the time of payment, and cancelled.
Upon certificates which were l^ucd (In red scrip)
for gold premiums ; such payment of Interest andredemption will bo In gold.
-V Dividend of Forty Per Cent is declared o» the
net earned premiums of the Company, for the year
ending 81st December, 1871, for which certificates
will be issued on and after Tuesday the Second of
April next.
Uy order of the Board,
J. H. CHAPOIAN, Secretary.
TBUSTESS.D. Jones,
Charles Dennis,
W. H. H. Moore,
Henry Colt,
Wm. C. Pickeraglll,
Lewis Curtis,
Charles H. RusseU,
Lowell Holbrook,
R, Warren Weston,
Royal Phelps,
Ualeb Barsrow,
& P. Pillot,
WillUm £. Dodge,David Lane,
James Bryce,
Daniel S. Miller,
Wm. Sturgia,
Henry K. Bogert,
Donnia Perkins,
CharleeD.
Joseph Gallhird, Jr.,
C. A. Band,James Low,B. J. BowUnd.Benjamin Babcoek,Robt. B. Mintum,Gordon W. Bumham,Frederick Chauncey,George S. Stephenson,William H. Webb,Sheppard Qandy,Francis Sklddy,
Charles P. Burdett,
Rob't. C. Fergnsson,
William E. Banker,Samuel L. Mitchell,
James G. De Forest,
Robert L. Stuart,
Alexander Y. Blake,
Leverich,
J. D. JONES, President,
CHARLES DENNIS, Vlce-Pres'l,
W. H. n. MOORE, 2d VIce-Pres't,
1. D. HEWLETT, Sd Yie*Pr«%
Inauranoe
Fire Insurance Agency,No. ITS Broadway, New York.
.^tna Insurance Comp'y,HARTFORD Conn.
INCORPORATED 181 ».
Cash Capital •.• $3,000,000Net Ae»etB ..•-. $6,000,000
Springfield
VIBE ANB IHARINE INSURANCECOmPANY.
SprlnKfleld, IQaaa.
IMCOKPOKATED 1849.
Cash Capital - . > . . $500,000 00.... $900,106 76Net Asveta
Newport Insurance Co.,OF PROVIDENCE, R. I.
ORQANIZED NOVEMBER, 1871.
CasU Capital ....... $200,000o
JAS. A. ALEXANDER Oc PECK,Agents.
OFFICE OF THE
ORIENTMutual Insurance Co.
Nbw YonK, 30th Jauuary, 1872.
The following STATE.MENT of the affairs of thiCompany on the 31st day of December. 1871, is pub-li>*hed in conformity with the provisions of its
Charter
:
Premiums unearned Slst Pecember, 1870. . »314,S»« 50Premiums received during the year end-ing Slat December, 1871 1,187,247 86
Total premiums $1,«»,542 36
EameJ premiums of the year.. 11,146,783 lU
Losses and £xpeQBeH..$612,846 3S
Uelnsurance & Returnrrcmlum3.t.!>a735 -18
ASSETS Slst DECEMBEli. 1871
.
Cash In 'auks »SS7,S23 DiUnited Slates Stock 570.3U0 mStocks of States, and Corpora-tlous and i.uaus on aemand 203,f19 08
»1,U2J>USubscription Notes, (o' which*n9,^75aren..t yet used).... 488,300 75
Bills Uecetvable, UucullectedPremtnms and Salvages 317,039 39
Accrued Interest and unsettledAccounts 19,269 80
824,601 »1
Total amount of Assets . . . $1,936,652 .S4The Board of Trustees have resolved to pay Six
per cent Interest on the outstanding Scrip Certifi-cates, to ihe holders tliereuf, or their legal repre-sentHlivos, on or after the Ul March next.After allowing for probable losses in the case of
vessels out of time, and unsettled claims, they havealso (in addition to a bonus of Ten per cent alreadypaid In cash *>ii the Subscription Note?*), resolved toreturn to the Dealers entitled to the snme. Ten juir
cent on th<; net amount of Earned Preniiunis of theyear ending 31 St December. 1871. for which Certiiicates will he issued on or after the 3d April next.The Trustees have fuither resolved, that after re-
serving over One Million of Dollars Profits, Fiftyper cent of the outstanding Certificates of the Com-pany of the issue of isoy, be redeemed and paid tothe holders thereof, or their legal representatives,on or after 1st of March next, from which date theinterest on the said Fifty per cent will cease. TheCertificates to be prodnced at the time of paymentand cancelled to the above extentBy ordiT of the Hoard.
CHARLES IRVING, Secretary.
T RU~S T E E8.Joseph Oalllard, Jr., Le<ipold Bierwirth,Cieorge Mosle, Simon do Visser,Edward F Davison, John S. Williams,A. Le Moyue, Jr., Alexan<ler M. LawrenceE. 11. U l.ymau, Fred'k U. Foster,Henry K. Kunhardt, John D. Dlx,John Ancliinclosa, Charles Miiuzinger,l.awreiiee Wells, Louis Juy,Francis Cottenct, James Uronn,Charles I.filinj, N. D. Carlille,Alex'r llnmillon, Jr., Theodiire Fachlrl,Ueorge F. '1 lioinae, C. L. F. RoseCarl L Uecknagel, Wm. 8. Wilson,W. F. Cary, Jr., F Cousinerv,Comelin. K. Sutton, (iiistav Schwab,Edward IliiiL-ht, (ieor-e II. MorL-an.
E\Ut'.yr. ,ni I IlJl, Prcldcnt,ALfltlon 4><;iiliN, vlco.Prc«>t.
VBA.UL.US lUVI^ti, .Secretary.
i> lf\\Jl\J\n. ANCE COMPANV,301 BROADWAY.
Casb Capital, .... $1,000,00
Iiisnrano*.
SWISS LLOYDiriARINEAND INLAND INaVBANOK
COIWPANVor WINTEBTIIUB, SWITZERLAND.
*»••»». • - $l,464,693.e4OKKICK IN NEW YORK:
No. 03 William 8t., Corner of Cedar.U. HENRY KOOP, Aniataut Usuanr.
HCOO MKNEKL. Attorney."
TRUSTEES I
AU11U8T UELMO.NT, I W. WATTS SUKRMAM.A. A. LOW,
IADRLAN ISEUN.
Removal.
Pacific Mutual Insurance
Company.
Have Removed n-om 176 Broadway,
TO THEIR NEW OFFICE,
No. 119 Broadway,
8. -W. CORNER CEDAR STREUT,
Merchantsmi/TVAI. nARlNE INSURANCE CO.
OF SAN FItANClSCO, Cal.
OFFICE, No. « WALL STREET.O
AeaetB, ...... $750,000, Gold.
No Fire Risks Disconnected w^itb na*rlne Taken bjr this Company.
Thlt Company Issues Policies ou Vessels. Freightsand cnrtfoes, at current rates.Losses payable in New \ork, London, or San Fran
cis'-o, at the option or the Assure'l.J. B. SCOTCuLeH. Pres., .lABh S HOWES, Vlce-Pres
K. W. nnUI{!*;.;,S.! retsry.Messrs. MOllTON. ROSK .« (, o.. Hunkers In Londo
SUTTON dc CO.. Amenta.
ImperialFIRE INSURANCE COnPANV
OK LONDON.
Assetr .... $8,000,000, GoldCHIKF OFFICE IN THE U.S.
OS 40 and 43 '^ine street. New York
^a/iUa^ t^o'u)^/o.ooaooa
R E n O T A L .
Fire Insurance Agency,OF
JAIOES A. ALEXANDER dc PECK.
jETNA insurance COnPANTor H.MtTFORI),
SPRINGFIELD FIUE AND MARINEINSUR.INCE rO.nPANY
OF SPRINGFIELI>.
PROTIDENCK W.\SHINGT0N IN*SI'RANCE CO.TIP.iNV
OF PROVIDENCE.
NEWPORT INSIRANCE COMPANYOF PROVIDENCE.
New Vou. April 23.1873.THE AOENCT OF ABOVKNAMEt) COMPANIES
HAS BEENREMOVED TO 179 BROADWAY,
N. W. COBNER CORTLANDT ST.
608 THE CHRONICLR [May 4, 1872,
«a=
Texas Bankers.
T. H. McMahan & Co.,Bankers,
And Dealers In Foreiga and Domestic Exchange,OAI.VESTON, Texas.
We have prompt and reliable correspondents at all. Ihe principal poiota tlirouifhout tiiia S'ate, and upon' ftll collection* payable in this City or Honsto-i, makeuo chvrffti lor colleuUn^, and only actual cliar;ce uponInterior collections. Imnie'liateiUii^irouipt attentionKiveu to all liasiacss entrut^ted tons, lieter to Nat.Park Bank, Howiss & Macy, and SpoliorJ Tileston &Co^ N. Y., -id Nat. Bank, Boston. Plice Lepeyre & Bro.,N. O., Drexel & Co . Phlia.
National Bank of TexasGAIjVESXOIV,
CollectlouB made on atl accessible points.M. KOPPEttL, President.J. J. irENDLIiY". Vlce-Prea't.
CHA-RLBS F. NOTES. Assistant Cashier.
M V rnrrMnnndPHra i Amer, Ex. National Bitnk.N. Y. Correspondents.
^ j^^p_ ^ ,j,j..^^jg^g Nat. Bank.
M. BRANDON, PreS't., J. O. WA.LLIS. Vlcc-Pfeii't
,
o. LA.ors, secretary, alphoxbk lautb, Cashier
Texas Banking & Ins.,OAIiVESTON.
OasU Capital, •...>> $338,000DIRECTcJUS: .1. M. Branilon, J. C. Wallls, F. R.lUbbock. M. (itiln, E. 8. JcinUoa. M. W. Baker, LeonlOin, Ue ). Scunelder, K. S. Willis, T. A. Oarr, W. B.all, Riib't. Mills, T. J. H. Anderson.Special atteiitiuii given to collections at all points
in the State, and reinittaaces promptly made, Wltlioat»ny charge except custoraarv rates ot exchange.
THE OITir BANK OF HOUS'TON,Capital, $325,000.
Houston, Texas,Wc give special attention to collections on all ac-
easstble poluts.UIliEOrOUS: W. J Hutchins P. W. Gray, A. J
Burke, Oor. Enuls, W. M. Kice, H. H. CushlMg,BKNJ. A. BiJTTS, President.
B. F. TVKEMs, Cashier.
Moore & Wilson,(Sacceaaors to ti. M. Mo:)re,
RANRlBRSy BRYAN, TEXAS.CoUpctlona made and promptly remitted for current
rate of exchange. Corrt^spoudeme
:
Messrs. W. P. CONVKKSli: fe CO.. New York.
e A 8 SBTX & BASSETT,BANKERS.
Brenliaui, Texas.Correspondents: Houston—First National Bank ;
Q fclveatun— Ball, iliitchini^a & Co; Ntw Orleans—Pike,Brother & 03.; S'cw Yovk~Duiu;aii, Sliennan & (Jo.
Sayles & Bassett, Atty^s at liaw,Brenham, Texas.
P. R. Smith & Co.,BANKERS AND
OOiHmSSION niKRCHANTS,BRYAN. TEXAS.
O. R. JOHNS.V. XTKBETT,
J. C. KIRBT,W. TON BOaBKBSBQ
C. R, Johns & Co.,TEXAS liAND AGENCV
BANIiXNG & KXCHANQE,AITSTIN, TEXAS.
Purchase and sell real estate, pay taxes and adjustrules, prosecute Land and money claims aualust th«BtAte and Federal Governments; make collections.Uecdtve dKpoalta and execute Trusts.
Adams & Leonard,BANKERS,
TBRMINHS or CKNTKAL RAII.KOADCoralcana, Texas.
New York Correspondent Monon, Bliss & Co.
M. A. tOBT, I UIOBOX W. JAOESON.Late Fort A Trice. I Late Cashier 1st Nat. Bank
OalllpoUa.O
Fort 8c Jackson,:bankek8,
waco, texas.KRFKRKV01E8 AND CORKKSPoNDRNOK :—New Tork
Wlmlow, Lanier & Co., Uavid Dows St Co. Clncin-oatl : First National Bank, Mer(dmut8 National Bank.New Orleans: Louisiana National Bank, Wheless &Fratt. Bankers. Galveston : T. H. McMahan & Co.
Railroads.
James A. Cottingham,
SHIPPER
Locomotives, CarsAND
RAILROAD IRON,i ioH- FIRST CLASS
SCHOONERS, BAR0E9, AND LI0HTER9,
FORAVARDING
Iron and Steel Rails
A Specialty.^';>/ij
Having for many years been Identified with tlUs
bnslnese, our great experience enables us to otfer
UNUSUAL INDUCE.MENTS
to the troude, and to ensure safety and despatch tn
shipments of the above.
Iron and Steel Rails forwarded from Port of NqwYork to any part of the United States. Contrails
made to Include all the expenses In poit on same, and
Insurance to any point required.
REFERENCES.HON. W. IJ. BISHOP.... Pres. N. Y. & N. H. Railroad
JAMES H. HOYT Supt. K. Y. & N. H. Railroad.
CHARLES FOX. Esq.. ..Pros. South Side R.R. of L.LC. W. DOUGLASS Supt. South Side R.R. of L.I.
W. BAILY, LANG & CO Clitl Street, New Yorit.
JAItlES A. COTTINGHAin,104 IVest, corner Iilberty Street,
NE^V TORK.
Edward W. Serrell,CIVlIi ENGINEER,
78 Broadway Neiv York.
RAILROADS, BRIDGES AND EXPLORATIONS,"SERKELL'S PATENT WROUGHT
IRON VIADUCTS."
tyPartlcuIar attention given to the examination of
Public Works for capit .lists seeking iuTe^tments.
Railroads.
. Bryan & Hunter,BANKERS AND BROKERS.
101 BAY St., »IAVANIVAII, Georgia.P. O. Box 828,
DEALERS IN
Bxcbanee, Coin and Secnrltles.
Collections on Savannah remitted for at one-e ghth
per cent under buying rate lor N w York Exchange
the day they mature. We have facilliles also tor co lee-
tlons In other cities In Georgia, Alabama and Florida
also for the transaction ot any Financial builness on
ColUterals, reoognizti as good her*. We do not
A«»l U »ay S«uti>8rft ta(« BgmM l>itt«a itott VU« w»r
The subscriber is prepared to supervise surveys,
locate, and estimate cost, and also to furnish plans,
specldcatlons and forms of contract, for proposed
Unes lo railroads, and other engineering work.
He win also examine and make reports of cost and
probable earnings of proposed roads, or ot those
graded and bridged, or In operation In any of the
Western States. Having had twenty-five years' expe-
rience in the construction and actual operation of
railroads, chiefly In the Western Statei, he will beable,
as he believes, to furnish economical and satisfactory
plana and lysteios of construction, and also correct
and Intelligent opinions as to the value ofproposed or
tompleted lines. Every eflort will be made to furnish
accurate Information to parties contemplating tbe
Investment of capital either in the stocks or securities
of railroads, which will aid tliem In determining the
value of securities proposed. In deciding all legal
questions connected with the matters about which he
may be consulted, the subscriber will be aided, by
competent advice and assistance already secured.
To mechanics, raanufactut era and capitalists coctemplatlng Western Investments, desirable opporta-
nlMes will be presented OlBoe over the People •
Bank. Bloomington, Illinois.
IV Satisfactory references given.
RICHARD P. raORGAN, JTr.,
Civil EiMClneor,
tlAUUTONsriiltlCiCb, Attorney Ma Csnikielor,
Cotton and Southern Cards.
R. B. Watson,COTTON BUYER.
m ICON Georgia.
C. Holland,
COTTON BROKER,
NEW ORLEANS, liOulDlaua
Jacob W. Seaver & Co.,
COTTON
Commission Merchants,BOSTON.
SDWA.BD FLilSH. SDWIN A. GRAVE 3
Flash & Graves,
COTTON AND PRODUCE BROKERS,
53 Stone St., Sc IT Sonth William St..
NEW YORK.
[ohn C. Graham & Co.,SELnA, AIiABAUA,
Buyers of CottonFor a ConiiulssioB.
H. S. Fulkerson,COTTON BROKER,
CORNKB MULBERRY AND WASH INOTON STB.
VICKSBURG, miss.Uefer to G. M. KLEIN, Cashier, Mississippi Valley
' Bank. V:ci>sbui'g.
R. A. Young & Bro.,
COTTON &. TOBACCO BROKERS,PeterKburs, Ta.
Davis & Freret,REAL ESTATE BROKERS,AND GENERAL LAND AGENTS
For the SUtos ol LOUISIANA, TEXAS, MJSSIS-8IPPI, ALABAMA. &c.
85 ST. CUAItLES ST., NEW ORLEANS, LA.Prompt attention given to buying, selling and leas-
g of plantations and other real estate, paying ofxes, collecting rents, etc.
Reynolds & Brothers,
NORFOLK, VIRGINIA,Oav Cotton. Grain. &c„ on Commission.
Geo. D. Putnam,BOSTON.
Dealer in
RAILROAD SUPPLIESOF ALL KINDS.
Manufacturers Agent of
BAIB AND WOOL FELT.
TheLiverpool^Lon-don & Globe Ins. Co.
AJ)'etsGold^%20,000jooo
AJfetsinthe
U. States^ti ,000,000
4.5 William St.
1
William Wall's Sons,MANDFACTITRERS OF
Cordage,ELEPHANT BAGGING, and Dealers
In HEMPGANGS or RIGGING MADE TO ORDER.
Omce, 113 Wall St., N. V.
May 4, 1832.] [THE fHRON^CI^E.
PRICKS CURRENT.
Pul.lttDort VtOO* fliiSBKKBWAX-Aiuerlotii follow V Ik 39^41
BRR A I>ST U FF8—S«« ipscltl report.
BRICK9-Commontiwd »M 1 !» 'i 'SCrotoni..... '• 18 00* 5 00
PUIl».l«lptiUlronl«... •• 40 UOi* 45 00
BOTTKU ANU CIIKKSB-Bailor—
BtaUdalrloa, cholrrolil.. S3 « M" " cuni. I«) tfuuil <to. ^d i<t 3'J
" " hairnrkluf.new U « ot
Woluli tiilw, i>ew a a .0
WMlorn rolls 18 <» »)" llrklus, Koodlo Qutt H M lii
** '* coin, to good.. ID (it ii
tub«,ucw 22 « 25Clieose—
FacTtorv. Kooil to nne 17 9 •"><
Fnolury.lHlr togood 10 tik HFactory, now fuUcream.. ISMO IS^Factory, ftkliuiiioU, nttw.. d tf 12Farm skliiinietl, new D <tf lu
UlilM coniutoii to prune.,, 9 ^ 17UANUl.KS-S'.pnrin •» Xt a....Bpi>rn), patent 4:1 V 44
iWarli tI6 0/..I ia » 2!)
Ailatn»nUni>,llior.lOJc2alb.bls. :tiil 2UCSMKNT—Koaondale « bbl ....AI 60
COAL-Auction aale of Soraiiton. April Zi
:
!U,0(X1 tuns Uimp a4")4l*....10,1* . iihoat... 3 45 5 3 471^au.ii- 843 a s so13. >• a 45 ^3 anSO,i> S SI (li 4 001«,.' i.ut 3 37XW 3 10Nvtt ;;,240Bi ,,,, («J S oil
Llv.! iiincl «»12 00Llvi'iiKM.i hou.^R cannel dl6 00
OOCOA-CaracaA(KoMtnbon^t}frft 9 20Maracaibo do do 90 d SI
Quayaqull do do 14 9 HHCOFFBK,—See special report.
cnppKR-Bbeatblng* new (over 1201) V» ....a <«
BolM a 4SBrazlors'Covcr 16o«.) t$ 48SbeatlilOK, Ac.old.m lot8 laAmerican iQKot 41 «£ 42Sheattilnu.yel.metal.aew ....^ .10
Bolta, yoliow metal (9 :^i
NailA. yellow metal,sb&sl SO a :>2
OORDAWK—Manila (lar^c and smat'. sizes)per lb 19 ®30
Tarred .Manila ...(i*l8l4Sisal Rope l«^®nHRussia Boll Rope (il8UOBK8-
ist reKular, quarts. V gro. 43 ta 70Do., superfine 90 Si ^Itt regular, pints 44 (^ 70Mineral 50 9 70Phial 12 35
CO TTON—Sec special report.DKITOS AND 0TE8-Alcohol » gal. ! 75a ....Aloes, Cape V n. II a ....Moes.Socotrlne gold 45 ^ 50Vlam Sl^a 3j»Annato,(f00d to prime . 20 (^ 50Antimony, rcg, of...gold IGjlf^ ....Argots, crnde gold 2:1 ^ 29irgols.rellned gold 31 ^ 34Vrsenic, powdered. g'ld 1^9 .,,.Aasafcettaa 9 62SBalsam caplvl O 100Balsam tola gold, i5 d ....Balsam Pera ® 8 75Bark petayo 45Berries Persian... gold 3S><a 33Blcarb.;BOda,N'caetle" 5sa 5XBi chro. potash,S*tcU " ld>^dBleaclilnir powder S'-id 5HBorax.rellned 33m^ 34Brlni9tooe,cru.Vton,(rld 35 0OS38 00Brimstone, Am, roll I'D) i%iA ....Itrlmstone, florsntpliur. 8^9 ....L'ampbor, crude (Inbona) gold 20 a 21
Camplior,ronnod 71 a 72Uantliarldes 2 00 @ 2 20Carb. ammonia. In bulk. 19 ^rardamuiiiii, .Malabar ... 2 70 a 3 uoCastor oil. Aincr.(ca8e3l nxd 18Cuamomlie flowers 20 a 40CUlorate potash gold 57 aCaustic soda gold 6Hd AHCodUvcr oil 'a 1 2'i
'lorlaniler si'cd 8 a J*v^
Cochineal, llondar..KOld MK9 7580Chlri.-;tl.Me\h:iin. " a fi2>ibpii
' ,'« ....Or.' ii s«vCut: >1» 1»«;nlcl. Ku,u ... « 7MBpsomsalts 2\'a . .
Srtract logwood. ..bnUf a 9uFenneUeed ^H% ..Flowers, benzoin. . V ot. SO « ao£lambler....« ft.. .gold SK9 5MQamboge " % 80Oloaeng. Western 70 7Sginseng. Southern 97H4 1 ORnm Arabic, sicked..., 32 a2
Onm Arabic, sorts 19 9 22dambenzoln 40 a ,, ,
Sam k'wrle,a'd topr.spd II • 15Qnmgedda 10 A ,.,eattdamar gold 14l<« ilKgommTrrb. Bast India.. 42 a Mammxrrb.Tarkey.... 43 a «
anmBenegal gold 18 a 20earn tragacanth, aorta.. 25 a 35earn tragacanth, whiteflakey 55 « us
Byd, potash, Amer a 9 00todlne.reanhllmed ail 25bieoseuaaha, Braill.gld 1 W a 1 23"lap a 47SLao aye, good & nne.gld ^ a 80lucorloe pasta, Calabria. M^aUoorlce paste, Sicily., 24 a 25kLTIoep'ste, 8p,sol'd,gld ....a 33Uoorlce pmte, Greek... 8l aMadder. Dutch gold 12 a 12VMadder, Fr.g.X.F.f.... 10 « io5Manna, large flake 140 S ,,
'^
Manna. imall aake.gold ,,.. Z aviM«mviisa««l,C*l IXi iSr
Mustard seed, Trieste . .
.
Nutg'lM.bluu Aleppo,gldOllanls goldOil cassia ^'
01! borfiamot •/..**Olllcmon " 4 25(1 't.pnre.ln tin ...
(' :o eti (legs) I
< > iti bondjild 4 97iI' . gold. Mi'liusptianisPruHslate potash, Amer,Uulcksllver gold.(Juinlitc ptruz.Ulmbarb,t'lilna,,,.fi Hi 30 _Bago, pearled gold BJKaSal aniiiiuiiiac, rut', goto, Il^a l'<i
Sal soila. Newcaatle 2 S5 «t 8 8!K8arMaparllla,Hund's,gulil ....aSarsaparlllu, Mex. " ....a ....
Senckatoot t 105 1 25Senna, Alexandria lOHa i:sSenna, Kast India a 1'Shell Lac 88 a *4Sodaash gold. IMa Vi
,.a 2 50
a I SO
Sugar lead, white.,BuTpt
17 a 18-500
546aa
....ai2>ia
26 00a 28 OU
23 00(521 OOS
...a 25 00a
a 6 so....a2oo(>... a^ 00
22a 25
19a 20ssoa S50
18
SuTpbate monihtne.^ ozTartaric aola (cryatiO).„ »ib gold.Tapioca *Verdigris,dr.&ei. dr. ,gdVllrlol, blue
DUClt-Ravens.Rus. light .«> pc.14 90Kavuns, " heavy 10 00 a8cotch,Q'ck,No. I;» yd 64 aCotton No.l 43 aDYE WOODS—Camwood ...V ton, gold. 100 30aFustlcCuba " aFustic, TamplcoFustic, JamaicaFustic, SavanlllaFusltc, Maracaibo.,..Logwood, LagunaLogwood, Uoudurna,Logwood .Tabasco,,.lA>gwood,St. Domln..car. :8 50a 19 00iiOgwood, Jamaica... KOlo 13 003 18 r<0
Umawood, W. Coast, car. 62 50a 65 COBarwood gold 22 00a ..Sapauwood cur. 35 000 40(0
FISH—Dry cod * CWt. 5 23<S 6 25Pickled scale V bbl a 8 50Pickled cod a 6 00Mackerel, No, 1, shore new 15 iio&Mackerel, No. l,H8lUa!t 1^Mackerel, No. 1, Bay, new (a 13 00Mackerel, No, 2, shore new 12 2)dMackerel.No. 2, nay 1150® ...
Mac'rel,No.3,MaaB.,large 6 50Mac'rel,No. 3, Mas8.,med.Salmon, pickled. No. I
Salmon, pickled V tee.Herring, scaled. ...Vboz.Herring, No. 1
Herring » bb;.FLAX-North Klver «l » 15
FKUITS-See special report.GROCKKIKS—See special report.GUNNV BAGS & CLOTH.—See specialreport and>ir Cotton.
GUNPOWDER—Mln. « Blasting V 25 B keg a 3 00Shipping a 3 50Rifle a 5 75Meal a 5 65Deer a 5 25Sporting, In 1 ft canls'trs.VB 280 100
North River, ship'g,* 100 ttl 40a 1 45
ngupAmerican dressed. .IF ton.220 000260 00American undressed 140 900150 00Russia, clean gold,223 000 ....Italian 275 OD028O COManila, current.. V ft 11^0 \\.\Sisal " luHa lOHTamplco. ...gold In bond. 7Vf0 7HJute gold 5>ia 7
HIDES—
Saeno8Ayraa..«i»gold 23 a 28KMontevideo " 27.va ...
Ulo Grande " 27 a 2:xOrinoco " 25 a 26Calllornia " iiVM 85Matamoras ' 22Vera Crnz •' 23 21Tamplco " 22PortoCabello ** '^ ^Maracaibo *' 13 19Bogota " ,'SXa 21Truiillo • ....a 23Rio Hache " 15 a 16Curacoa..... *' 17^0 18Portau Piatt " IS a 18XBahia •• 17 a 18Texas cnr. ...a 2IHWestern •' 19 a .
Dry Salted- --
Maracaibo gold. 15 a 16Maranham *' IS 16rcmambuco ....... •' 15 a 16Matamoras. ....... " 18 a 19BavanUla ...,..X... " 14 a isBahIa " 14 15Chill '• 19 ...,Sandwich Island.. * 16 a 17
Wet Salted-Buenos Ayres..Vft^ld. 14Va 15BloOrande " 12X8 14^Catirorr.ia " 12 a 1214Para ..i... " llxa ..?.New Orleans cnr. 12
.
CltysU'terox Acow ••IO>i0 11«
upper Leather Stock—^. A.JkUlogr.klpVftgld 23 a 29"""• ' 22 a 22«
19 a15 aHsa9 a
MlnasSierra Leone cnr.Gambia and Blsaan. "Zanzibar ••
Beat India Stock—Calcnt. city Bit. 9) ft goldCalcutta, dead green **
Calcutta, bafTalo.l^ft "
Manlla«Ilat.bafr.«ift "
aONET-Cnba(datyp'd) 1 15 ai IS
HOPS-Crop of ven V ft >» a go a 73Crop of 1970 20 a 25 a 45Crop of 1869 10 a 12 i 2SCrop ol 1868 tan a 15California, crop ol l<r;o ..a . aCalifornia, crop of 1871 .. S ..
H0B1I8-gx,BloOrande.,,,,«C aio 00
o£ AMri«Mi«io«M.. .u nrnx a
•4.0N- „Pig, American, No, 1 M OOa 97 00Pig, American, No. 2 4) l«a 30 OO
Pig, Aiiiencaii Korg* 46 Wa 48 U<Plg,Srot<r. No, I.. 49 000 SS 00
Bar, reflnod , Eng. * Amer a IDS noaTORBrmioge.
Bar, Swede :25 00aia»0UBar, rennet!. V to 2 In. rd.&s<i—1 to« In.x K to I liLllOOOa ....
Bar, rei'd, 2>i to 2K round,J*IXxX45-16 Ill V>''* •li
Scroll../. 122 W(»:«2 50Ovnlsand ball round ...127 5O0i:n SO
Band ai2' S«II..r«c«liou 120 10*1311 *Rods, Hal-K luck 115 OMK'' 00
II0..P 1 iiiva!77 soNail, rod » n. ... a 8f<lieet,Kiis.,as.toaBsor.gd ., .a \»H^'
• lit.. d.*t..cimi.. 6Va 7*. * ton., (gold) 75 wa 77 Ul
..at worka In Pa. 83 000 85 00
"'Bti'a'nish.ord'y »100 fttold.6 ilTHa* '*
Gernaj. •• " 6 37«06 10Kngllfiu • tniialllJBar »»«.:..Plpeandaheet a 10 00
LICATUF.IC— .-casb.Vft—Oak, slaughter, heavy .... 32 a 38" " middle.... 34 a 38" '• light 37 40" crop, heavy 87 li8" •' •• middle 88 42•• " •• light.. 37 a II
" rough slaughter 32 i1Bemrk, B.A.,«c., heavy . 28^0 29
' middle. 28Ha 30light... 28 a 28M
** California, heavy. '^7 28middle 27X0 28
•• '• Ught J7«" Orinoco, heavy .. 2fiVia 2^!^
middle. 27S<« 28light..., 27 .» 27K
rough 29 33** Kood damaged ... 21 26
poor ".. 19 21
LIMK-liockland, common. V bbl 165Rockland, lump 2 15
LUMBER, STAVES, to-Southern pine IZS 300 45 OOWhite pmebox boards. . 3i axai Si 00White filiie mer. box b'ds 3J (00 31 OOClear piiie 19 01^ 79 <0Cherry boards ard plankx 78 Of;® t:3 00Oak ami ash (3 000 1:3 00Maple and bircb 33 000 13 00yiackwalnut 107 TO0132 OOK'lncb sycamore 44 000 5! 30l-lnch do 52 OO® 54 00Spruce boards and Jilanks 30 Ot.'0 33 00Hemlock bo'rds and plank 27 1,00 S6 WExtra heavy pipe staves 1200 00Heavy do do 160 00Light do do 160 0'!
Extra heavy hbd do 175 00Heavy do do ISO 01
Light do do 100 00Extra heavy bbl. do 180 COHeavy do do 100 1
LIg'ht do do 75 00Molasses sbooks.lncl.head'g. 2 35(^2 50liom do do .4 SO0....Sngar do do .2 25cs2 50
MOLASSES—See special report.
NAILS-Cut.10d.a60d » keg. ...8575Clinch, 2 to 3 m. and o\ er7 25 07 75Horse shoe, forged (No. 10to 5) * ft 21 a 33
Copper 51Tellow metal, sh. £ al 30 a 82
NAVAL STOUES-Tar, Washington 33 25Tar, Wilmington S68K»...Pitch, city 3 75 04 toSpirits turpentine. V gall. 57H3 58Rosin, strained, V bbl,.. 3 60 «iS 70
'• No.l 4 75 05 73" N0.2 4 00 04 50" pale 6 00 07 00" extrapale 7 25 as 00
OAKUM V ft 7Ha lOXon. CAKK-Citytbln,obl.,lnbbls.»itn.gd ...all 50
" •' In bags. ..." 40 000 10 SOWest, thin obl'g,(dom.)... 4i 000 ....
OILS—Olive, In casks .... V gall. I 35 ai WPalm a SHLinseed, crushers prices
I* gallon cai^ks a 92Cotton S'd crude S.»gal ...a fs" '• yellows ^' 60
Whale, bleached winter.. 82 a 84Whale, crude Northern ',5
Sperm, crude 163Sperm, bleached 1 80 01 83Lard 011,_prime winter... 75 77KRed oil, Wesleru (lilain) 46X« 47
'
Straits 61 ....
Neais foot, lubricating.. 1 '20 01 40
PAINT8-Lltharge, Am Vft 8va 9}iLead, red, *' 9%^ 9WLead.whlte, Am., Inoll. 1IH0Lead, white, Amer,, dry. 10Zinc, white, dry. No. 1. ,.. A 9WZinc, whlte.No.l,in oil, 9'S ISZlucwh, French,dry ,gld 9Ha :0Zinc, wh.. French. In oil a ISOchre, yel., French, dry 2va 8Ochre, ground, in oil... 6 a 9Spanish bro., dry 1 00 a 1 2SSpan bro..gr*d,lnoll.Vft 8 9Paris white,Eng«< 100 lbs. > 50 a 8 00Chrome, yellow, dry,... ISJia 23WbItlng.Amer..«ilOOft ....a I WVerm'n Cl.lna.V ftgold ....a 1 25.... ._, _.. J ^Vermilion, Trieste, gd..Vermilion, Amei., com, 32 37>renet. red (N. C.) » cwt. S DO $ 4 00Plumbago, E. 1. i>owd'd. 6 a 8Chlnaclay « ton, ...08000Chalk » ft ....5 . .
Chalk, block » ton a 5 00Barytas, American No.l a .'
FBTROLKUM—Crude, ord'y gravity. Inbnlk.pergaUon a >3
Crude In hbls S 17Refined, standard white • 38Kapth.a, refln., 68-78 grav. llsa 12Bealdnnm , 4t ..,
Fbovuionft-rwk.MM • bM(B««><.u TO* D K
H07
IU75 «ll M13 W «U Ml- WW
lliCh^
a 10 0Ui«u' 1060 StiWd %• t Z 10
9 * »X
Carollnafr.lopr.VtOOft IN 9 00Rangooij • IS 7 25
a»i^ (gold, In bond) » UMa •")«SAI. 1 —Turks Islands .1^ bash. «0
I '.'.'.'.'. 240I ihgrs 2 2SI 11'..... SOU
»< .
1 efcaah)!!* ....<« tn' 10 a lOH- u — .:'(e>alo.Kold SKa tM
»KED-Clover Vft « a 10lliiH.tliv. khoah. 2 79 8 »
'
1) ) 2 00>
. I'sh, 2 111 u 2 30
1 .
' Kid. 2 57S* ...i.irHced, itoni. t' :it;& gd m
SILK * •T»atlee.Ncs.l,2* 3 ».8 00 8 7SI l,lh.i.],..r.eled 8 25 a 9 00
I ' I iit 7 00 8 W>' l,Nos, I A2..6 I* a « 90• <l,elt<iual.ly7 V5 7 SO.lapaii .,, gnu ^ 9 Ml
Plaies,lor-D.V100ft.««ld 7r. 01 J7HPlates, domestic V B. 7 II
8PICE»-Soe special report.DI lid 1 8""~
Brandy- '-Vfill..gold 3 asafs »
8 89015 W3 6U012 If3850 8U>
Hennessy ^Otard, Dupuy A Co..Pinet, Ca8tiltou& CoMiirell .V C)
Arn brands::li iii-i.of.1:
3 760 9003«Sa 8 0*3 750 5 25X COO 3 402 100 3 00Gin,.; 'a".
DotneM: .ti.
Alcoliu. ,„ ,._. ,.,t:. 4W. ... 01 75
^^v^tt" "• "«F.nKllsh,cnBt.">(I*1stqn*». 16X0 IH<I - l«tqn 7)<a llVi
Istgu'
J •, ^ .AlSt noAmt^rlcait l>liiil«;i-
American cast. ToolAmerican spring s .„American machinery !0American German 9 a
itxauna10X0....a13 aa
ISII
11
SUGAIi—See special report.
TALLOW-American Jalrto prlneD » »KS9 1-16
TEAS—See special report.TIN—"wca « ft, gold 48 a 90Slra'ls ••
40 e 41Engllsl " 40 S 41Plates. I, C.char. lib" 14 00 «14 so-il ales, 1. C. coke .. " laso eiasuPaes,eokeTerne • 10 75 01125.PlBteB,char, Tcrue •' 12 50 &13 0OTOBACCO-See special report.
WINES—""delf* » gall. 8 5007 80Sherry 1 (ug, 00Port 3 oe^g goBargnndyport gold 82;<01 2Sl,Bl)On ,.,, •*
2 2008 50Sicily Madeira "
\ soSl 90lied.Span.* Sicily... •' toSl 0*Marseilles Madeira... •• ToS SMarveillesport ••
1 obai 15Malaga, dry • wji a>Malaga.Bweet •• 900129Claret «> cask " 32 5.ia»c 00Claret *i doi. " 4 003*00
wool,—American. &*iony Fleece Vift 85 090Anioili'au. Kuli Blood&Terlno 75 0bOAmerican, Coiiibii.g 80 AibExtra, Pulieil 75 0Ajbhorl hxtni, I'uUcd 65 020j^nperfine Pulled 77 0S2No 1. lulled gg ^aCalifornia .^-prlng Clip-
Flue, nawashed 45 090Medtnbt 47 ^54Common, uimasbed f9 a44Hurry W-t40CaMtornla. l-allc.lpand Lan>ha—
Fine, unwashed 39 040Medium 88 040Soath Am. Merino, unwHSlied ^6 ^atti-ouili Am,.Mestlzii,una'Hshed 82 037.>ouili Am. C"rdovn, washed. 40 049Cape Good H. pe, uuwashed. 60 awTexa«,fluc 48 050I'exas, medium 47 0S:iTexas, coarse 40 043Texas, Bnrry H 0g|Texas, Western R 017Sniyma.nnwathed 97 033tmyriia, wa"hid 47 fiSSDoiihkoi, wajthed 40 #90Donskol, auwathed ;t7 0ttZINC-Btaeet Vft lOsa 11
FREIGHTS— ,_aT«aa.—
.
To LtTKBPOOT,:s, d. s.d.Cotton * » .... \Flour....* bbl .... a llH. goods.* ton 10 ai2«on a<5C'n,b*b.»bn. ... a 4Wheat..l-.*b a 4
Beel «itce a 2 JPork... .»bbi a 1 9
ToHivaa: by sad.Cotton ..» ft
Tallow » ft
'"'".."r"r¥'fiCd:
1 >> .M KLBOirm> V foot.To SiS Faixcrac'O— |
(uaaaremmt (o«4* • fXaeavy gooda . V ft
.
ialls'.' t ke«.KtroIeam..Ve.of lOgtil, _ ^ _i««l.b«Uk UWauw
608 THE CHRONICLIi. [May 4, 1872.
Miscellaneous.
Wire Ro p e.
STEEL, CHARCOAL, and
B. B., Of the very be8t quality,
1 suitable for Ships, Bia[ging,
isuspeoslon Bridges, Guys, Der-
Ilicks, Inclined Planes, Mining
f Hoisting Purposes, &o. A
Lai-ge Stock constantly on
hand, n-om which any desired
lengths are cut.
JOHlv\r. MASON ^k co..43 Broadway, ^ewr lf»rh.
SpENCERI ANDOUBLE ELASTIC
STEEL PENS.These Pens are of superior English manufacture,
and are a nearer approximation to the real SWANQDILL than anything hitherto Invented. We have
recently added a new pen to the number, of great
superiority where line writing is desirable, which
we designate | THE QtJEEN,|
or No. 16.
J'\)r Sale eceri/fliere, in gross and quarter gross
boxes.
%W A Sample Card, containlne all the FIFTEENNUMBERS, securely enclosed, will be scut by mail, onreceipt of 25 cents. Address
IVISON, BLAKEJIIN, TAYLOR & CO.,
138 Sc 140 Graud St., N. Y.
STEEL PENS,raanafacturera W^arebouse,
01 Jobn Street, New Ifork.
JOSEPH GILLOTT Sc SONS.
HENBY OWEN. Agknt.
LSHMAN, Nkwoass a Co., Lshuan, Uukb & Co.,New Orleans, La. Montgomery, Ala.
Lehman Brothers,
Cotton FactorsAND
commissioN merchants,
133 « 135 PEAKL STREET,
New York.^V
IMiKXAJfDKB MXITLAMD. L. F. a. MAOLKUOSE.
Robt. L. Maitland& Co.,
No. 43 BROAD STREET, NEW YORK.
Cotton Factors,
'Vobacco aud General CoiumlsslouMercliants,
Advances made on Consignments to
XONDON AND lilVERPOOI,.
Railroads.
J. HOWARD MITOHBLL,Philadelphia.
14 North 5th Street,
PHILIP 6. jcarioE.New York.
42 Cliff Street.
Philip S. Justice,I. O N D O N .
27 SOUTHAMPTON BUILDINGS.O
Steel and Iron Ralla,C. S. Tyres and Axlea,
Steel aud Iron^Tl^lre,Mlnlns Ropes, Cables, &c,
Galv'd Iron Wire, Ship's Rigging,Galv'd Corrugated Sheet Iron,
IVrousht Iron Screw Piles,Ship's Forglngs, See,
BDWABD P. BIQELOW. JAMES JOHNSTON.
BiGELow & Johnston,48 Pine Street, New^ York.
Iron and Steel RailsOF APPROVED FOREIUN AND DOMESTIC
MANUFACTURE.
OI^D RAILS, SCRAP AND PIG IRON.Orders executed in Europe by cable for shipment to
any port in the United States, either at a flxeu price inAmerican Gold or at a sterling price cost, freight andInsurance.Bank Credits opened and lialtway Securities uego.
tlated.
J. H. WILSON, EDWARD F. WIN8LOW,Late Bt. MaJ. Gen.,U.8.A. Pres. St.L.& S.E.R'way
WiNSLow & Wilson,No. 51 LIBERTY ST., NEW YORK,
No. 206 SOUTH FOURTH STREET, ST. LOUIS, MO.
Repobt upon. Build, Manage ani; Equip
RAILWAYS.Negotiate Loans and sell Securities of all kinds.
Railroads.
A. B. JBWXLL. 8. D. QABBISOJf, C. D. TAS WAOKNKN.
Jewell, Harrison & Co.,
27 WATER STREET, NEW YORK.
conmissioN merchants,
Pur|i l.ard !Packed for 'West Indies,South American and European
Markets.rovision dealers, cotton factors and
manufactubebs of labd oil.
M. K. Jesup & Company,BANKRHN AND IMRKOHANTS,
5» LIBERTY STREETL^etrotlate
bonds and Louns lor Railroad Cos.,Contract for
iron or Steel Ralls, Locon>.BtlTes,TarN, cte.and undertake
all biislneso 4*oMn.«cted tvltli Railway
Jones & Schuyler,13 PINE STREET.
NEW YORK.
Rallwray Commission Merchants.
Contract for STEBL and I tON BAILS, LOCOMO-TI VES, CABS, aud otiier Supplh^s, aud negotiate
RAILWAY BOXDS, LOASS. 4c.
MANCHESTER
Locomotive Works.MANUFACTUKEHS OF
IiOeomotlTos, Stationary Steam En-gines, and Tools.MANCHESTER. N. H.
ARETAS RI.OOD, ^V. G. MEANS,Superintendent Tre-.surer.Maucfaester, N, H. 43 Devonshire sr., Boston.
JAS. WADSWORTH,Railway
Banker and Negotiator,
40 & 42 EXCHANGE PLACE,
New York,
RAILWAY IRON.
Gilead A. Smith & Co.,BARTHOLOMEW HOUSE. BANE, LONDON
AJTD
NO. Vi BROADWAY. NEW YORK.
Railroad Iron.In Ports ot Nenr York aud New^
Orleans.
Bills of Excnanp;e on London and circular Notesamounts to suit remitters or travelers.
JOHN a. KENNEDT. HENBT K. BAESB. JOHH 8. HARRIS
J.S. Kennedy & Co.,
41 CEDAR ST.. COB. OF WILLIAM ST.
GENERAL. RAILII^aY AGENTS ANDMERCHANTS.
Bay aud sell Railway Bonds and Negotiate Loans toRailways.
IMPOHTKRS OFIron Ralls, Steel Rails, <kld Ralls,
llussenier flirlron, *crap,Steel Tyres, boiler plates, Ac.
AGENTS FORThe BowllHK Iron Company. Bradford England.I'lie West cnnUierlaiui Ilematl'e Iron Co., Worklnii-
lon t<.n;;liind.
Supply all Railway Equipment and undertake aRailway business generally.
Thos.J.
Pope & Bro.,1392 Pearl Street, New York.
Pig Iron,RAItiS, COPPER,
SPliLTER, TIN, liEAO,NICKEI4, BISMOTH, dec.
BALDWIN LOCOMOTIVE WORK!«
M. Baird 6c Co.,PHILADELPHIA.
All work accurately fitted to gauges aud tboroutrtily Interchangeable. Plan, Material, WorkmanshipKinish and Klliciencv (ullv guaranteed.M, Baird, Clias l. Parry, Wm. P. HenzeyOeo Burnham, Edw. H. Wllllums. Ed. Longstreth.
Wm. P. Converse Sc Co.,B4 Pine St.. New York. Aeent
Morris, Tasker & Co.,I'uscal iron Works, Philadelphia.
Manufacturers of Wrought Iron Tubes, Lap WeldiBoiler Flues, Gas Works Castings and Street
Mains. Artesian Well Pipes and Tools,
Gas and Steam Fitters* Tools, Ac.
OFFICE AND WAREHOUSES:
IS GOLn STREET, NEW YORK.
Rosendale Cement Co.,CEMENT OP THE BEST tJUALITY,
No. 103 Wall Street,
N«w York.H. tr. BENEDICT. StcreUry. S
NAYLOR & CO.,NEW YORK, BOSTON, PHILA.,09 John street. SO State street. 208 So.4th stree
CAST STEEL RAILS,CAST STEEL TYRES,
Cast Steel Frogs, and all other Steel Material foiRailway Use.
HOUSE IN LONDONNAYLOR, RENZON dc OO.
34 Old Broad Street,
who give special attention to orders for
Railroad Iron,M well u Old K&llfl. Scrap Iron and Metals*
OHAUNOBY VIBBAHD. ALBX. F. PI8KIKHRRSON FOOTB«
Vibbard, Foote & Co.,40 BROADWAY, NEW YORK.
Steel RaiJs,
Iron Rails,
Old Rails,AND
RAILW^AY EQriPMENTS.
George A. Boynton,BROKER IN IRON,
(Late Evans li Co.)
7U WAU. STB££T. NEW TOBK.