32
financial^ ranirk HUNT'S MERCHANTS' MAGAZINE, ^ ^^^ffeltj g^wiei paper, REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OE THE UNITED aiATEa VOL.12. NKW YORK, JANUARY 28,1871. NO. 292. 3.bocrttacments. A.'t?erTl*rin*'ntt will be InnortM at the foUowln? rloas pitr line for each Inaerttoa ; 1 or.terodlfui tti4n4 tlino* 'lO cents p*)r Uae. time* ormoie. 16 ** U IS •• 12 " ae " 10 •• M " 8 " It the »'1vertl«eme"t ocnnpies one oola*nn or op* w %r is, a 'ttico'int of 15 per cent on these rates will be atloTed. Space Is raea.«ared In aj^ate tfpe, 14 lines to the 'ncn. A'lT'srtlsernenia will have a f*Tor*ble place whan r^t n If. In, bnl no nrotnlse of continuous iniiertion In eh« best i>i4C0 can ba <;lvon,a9aU advertisers mnst hsT* eqaalopportanliles. AdTanta^en. I. Th^^CHRONI^'Ll-: hns much the largest clrcnla- tlaa of any flnanclal publication isi*uen 3. It* HrcultClOQ exteni^ to hnslnesa mcT In BOTH thrt FIVAVt!l.\L and COMMEKCIAL branches, and alsf^ lo a very nanier'ius ciaas of r.'tiriMi merchants, raone-i n.Mi iid lavestors, who are n'>t engaged la ryiEM 3 "I on file by sabscrtbers. and thus pOB'. .tdvantafee for a'lvercl'ers. over those pnDitL.iU'ii^ w;iiL>u are liabUually thrown aside after perusal. ITM* B. DANA & CO., PUBLISHERS, n « 81 Witllam St. H T. ^^ For terms 5 th pase. or Snbacrlptlon see Bankers and Brokers. E. Judsoa Hawley & Co. Banker*, S. JUDSON Uawlkt. Alfbkd W. Bj^arLKfT. C. COM No. 9U WALL STREET. New Torle" ^^ 'Ck8, Bonds. Gold. Ex* boafciic aad t^oid (iN veti v-n uepostcn, wtilcli Taussig, Fisher & Co., BA.KKRKS AND BKOEKBS, No. 32 Broad Street, New York. V'llj and ^*lIl at Market liates AliL VNITED STATES SECURITIES, SolloU »c<onnu trom MKKCIlANrs. BANKtBj And other,, and allow mtereat oa dally balauCc-a, tab* ject toSrght Dralt. make collection* on favorable term*, aod proini*tly execute orders for ibe purchan or sale 01 Gold, State, Federal, and Railroad Securitlea. John Munroe 6c Co., No. S \rttU street. New York, Inaa CUcalar Letten m i credit lor Travelleri, and Dr^ir BUld on Munroe & Co., NO. 7 KUK SCKIBE. PARIS, and NO M CLratRNT'S LANE, LONDON. JoHK A. Kliix, C. C. Flowirixi. Oxo. If. BXSIH Preataent. Vice-President. Caalilar. Mississippi Valley Bank, A BANK OF l>ISCOrNT AND DEPOSIT. VICKSBDRQ, HISS. :N. T. Corroapondeut :—Bank u( u>* Manhattan Co, Baukerg attd Brr kerg. SSO. L. BOLMn. iuiz. KAcnna. Holmes & Macbeth, Key box M. STOCK AND BOND BKOKRRS, CHARLESTON, S. C. Wlliam C. Oilman, DS4LKR IN INSURANCE SCRIP, AND Fire and iVarlne Insurance (Stock, 46 Pine Sircet. corner of William Street, N.Y. James T. Brady & Co., (Sni ce-aors to S. JONES A CO PITTSBI7RGH, FA. Bay and sell all kinds of Railroad, City and other securities'. Collections solicited and promptly remitted for. Bank^^ro and Brokers. W. G. Chittick, No. 36 ITALL STREBT, NEYT YORK, BuyA and Sells, on GommlAsion, Comuterclal Paper, Sterlinip Exchange, GoTernment Secaritles, Ac, Ac, And Transv:ts a General Banking Buslaess. Loan<i Negotiated and Investments mnde on Favor- able Terms. Orders for Stocks and Gold carefully executed at t'ae Reeular Boards. Prompt attention given to every i^ranch ot tue boalnese. W. N. Worthington, MXMBKB N. Y. STOCK KXCHANGB, BANKER AND BROKR s ^EW STHKKT, NKW YORK. Partlcnlar attention paid to the purchase and sale ot Stocks, BondN, Gold and Excliunf^e, DEPOSITS RKCE1VKI)SUB.TECT to SIGHT DRAFT Ana Four Per Cent Interest allowed on Dally Balaiict^t). Soathern Securltten liawe especial attenOon. Collections made on all Southern Points. Kkntoit Cox, ) UoK^os MANtTRL, > General DurisL Drew, Wx. U. HuTOULMSON,) ^rsriDers. bpeoial Pariuer. Kenyon Cox & Co., BANKERS dc BROKERS, 81 WALL STREET. OoTemment Seeoritles, Stocks. Iloads and Gold bouKht and sold on commusloo. Dodge, Kimball & Moore BANKERS, STOCK AND OOLD BROKEKS, And dealer* In GOTERNKIENT SECURITIES, 14 Wall hTREKT, N. V. P. O. Box 4.208. Duncan, Sherman & Co., No. 11 Naaaan St., New York City, ISSUE CIBcnLAB NOTES AND C1BO0LAR Lol'ers o; Credit avHlIable and payable In all the PRINiHPAL CITlE* OF IHK WO <LD ; also In Ibe United States, Canada and West Indies. TclczraDhl:! Transfers of Money to and from Lon- don. Paris, San FraijClsco, Havana, Ac. Current Accoants received on sncb terms as may b a^rreed npon. LOCKWOOD & Co., BANKERS, 94 BROADWAY. Tranaaet a Oeneral Banklns bual- nca«, IncladluK tise parebaae and sale of Uoverumrnt and State Bond*. Rail- road Stock* and Bond*, and otlie •eenritle*. ou commlaaloa. Evans, Wharton & Co., BANKERS AND BROKEKS, 6 BROAa» KTBEEX, NEW VOKK. Interest allowed on Depo«iu. Collections promptly made. Stocks, Bonds and Gold boufcht and Sold on Commtfslon. Texas Cards. North Eastern Texas. Collections made on all accessible points by JAKIES ARBCCKLE ic CO., BANKERS, JeOTeraoD, Texas. Moore & Wilson, (Saccesaors to H. M. Mo>re,} BANKERS, BRYAN, TEXAS. CoU-'CtlonB promptly remitted. Corr^apoDdeuta Id New YorK—ML»r». W. p. Cunversi * Co. C. K. JOU.VB, F. KTIBSTT, J. O. KIRBT, W. TOV BUSBVBUM C. R. Johns & Co., TEXAS liANB AGENCY, BANKING A. EXrHaXGR, AUSTIN, TEXAS. Purchase and sell real t}?>tatu, p.ty taxes and adjust T!U«s, pro«<!cat*! Land and money claims aitaiDsv th« Stale and Federal Qoverumvnta; nkake colteetions. Itecalve depo^ilts and execute Trasla. J. L. Leonard & Co., BANKERS, TKBUINCS OF CKNTKAL RAILilUAD Ko..., TMcaa. Wh.A. towr. Late Fort * Trio.. I Oioce* W. JaOMoir. I Late Uutuer 1st S at. Bank Galitpulis, u. Fort & Jackson, BANKF";:. WACO, TEXAS. Kxraaxncas and coaaasPaxuaKoa:—New Tark : Wloslow. Lanier A C«.. David Do»a A Co. Clnein- naU: F>r>«NaUooal Bank, Metdiaats National Bkak. New Orleans: Loalaiana National Kank. Wbelsaa a Pratt, Uaakers. Ualvestoa: T. ILMottauaiiAcw. .

January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

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Page 1: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

financial^

ranirkHUNT'S MERCHANTS' MAGAZINE,

^ ^^^ffeltj g^wiei paper,REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OE THE UNITED aiATEa

VOL.12. NKW YORK, JANUARY 28,1871. NO. 292.

3.bocrttacments.

A.'t?erTl*rin*'ntt will be InnortM at the foUowln?rloas pitr line for each Inaerttoa ;

1 or.terodlfui tti4n4 tlino* 'lO cents p*)r Uae.time* ormoie. 16 **

UIS •• 12 "

• ae " 10 ••

M " 8 "

It the »'1vertl«eme"t ocnnpies one oola*nn or op*w %ris, a 'ttico'int of 15 per cent on these rates will beatloTed.Space Is raea.«ared In aj^ate tfpe, 14 lines to the

'ncn.

A'lT'srtlsernenia will have a f*Tor*ble place whanr^t n If. In, bnl no nrotnlse of continuous iniiertion In

eh« best i>i4C0 can ba <;lvon,a9aU advertisers mnsthsT* eqaalopportanliles.

AdTanta^en.I. Th^^CHRONI^'Ll-: hns much the largest clrcnla-

tlaa of any flnanclal publication isi*uen

.

3. It* HrcultClOQ exteni^ to hnslnesa mcT In BOTHthrt FIVAVt!l.\L and COMMEKCIAL branches, andalsf^ lo a very nanier'ius ciaas of r.'tiriMi merchants,raone-i n.Mi iid lavestors, who are n'>t engaged laryiEM

3 I "I on file by sabscrtbers. and thuspOB'. . .tdvantafee for a'lvercl'ers. over thosepnDitL.iU'ii^ w;iiL>u are liabUually thrown aside afterperusal.

ITM* B. DANA & CO.,PUBLISHERS,

n « 81 Witllam St. H T.

^^ For terms5th pase.

or Snbacrlptlon see

Bankers and Brokers.

E. Judsoa Hawley & Co.Banker*,

S. JUDSON Uawlkt.Alfbkd W. Bj^arLKfT.

C.

COM

No. 9U WALL STREET.New Torle"

^^ 'Ck8, Bonds. Gold. Ex*boafciic aad t^oid (iN

veti v-n uepostcn, wtilcli

Taussig, Fisher & Co.,BA.KKRKS AND BKOEKBS,

No. 32 Broad Street, New York.V'llj and ^*lIl at Market liates

AliL VNITED STATES SECURITIES,SolloU »c<onnu trom MKKCIlANrs. BANKtBj

And other,, and allow mtereat oa dally balauCc-a, tab*ject toSrght Dralt.

make collection* on favorable term*,aod proini*tly execute orders for ibe purchan or sale01

Gold, State, Federal, and RailroadSecuritlea.

John Munroe 6c Co.,

No. S \rttU street. New York,Inaa CUcalar Letten m i credit lor Travelleri, and

Dr^ir BUld on

Munroe & Co.,

NO. 7 KUK SCKIBE. PARIS, and

NO M CLratRNT'S LANE, LONDON.

JoHK A. Kliix, C. C. Flowirixi. Oxo. If. BXSIHPreataent. Vice-President. Caalilar.

Mississippi Valley Bank,A BANK OF l>ISCOrNT AND DEPOSIT.

VICKSBDRQ, HISS.:N. T. Corroapondeut :—Bank u( u>* Manhattan Co,

Baukerg attd Brr kerg.

SSO. L. BOLMn. iuiz. KAcnna.

Holmes & Macbeth,

Key box M.

STOCK AND BOND BKOKRRS,

CHARLESTON, S. C.

Wlliam C. Oilman,DS4LKR IN

INSURANCE SCRIP,AND

Fire and iVarlne Insurance (Stock,

46 Pine Sircet. corner of William Street, N.Y.

James T. Brady & Co.,(Sni ce-aors to S. JONES A CO

PITTSBI7RGH, FA.Bay and sell all kinds of Railroad, City and other

securities'.Collections solicited and promptly remitted for.

Bank^^ro and Brokers.

W. G. Chittick,No. 36 ITALL STREBT, NEYT YORK,

BuyA and Sells, on GommlAsion,

Comuterclal Paper, Sterlinip Exchange,GoTernment Secaritles, Ac, Ac,

And Transv:ts a General Banking Buslaess.

Loan<i Negotiated and Investments mnde on Favor-able Terms. Orders for Stocks and Gold carefullyexecuted at t'ae Reeular Boards. Prompt attentiongiven to every i^ranch ot tue boalnese.

W. N. Worthington,MXMBKB N. Y. STOCK KXCHANGB,

BANKER AND BROKRs ^EW STHKKT, NKW YORK.

Partlcnlar attention paid to the purchase and sale ot

Stocks, BondN, Gold and Excliunf^e,DEPOSITS RKCE1VKI)SUB.TECT to SIGHT DRAFTAna Four Per Cent Interest allowed on Dally

Balaiict^t).

Soathern Securltten liawe especialattenOon.

Collections made on all Southern Points.

Kkntoit Cox,)UoK^os MANtTRL, > General DurisL Drew,

Wx. U. HuTOULMSON,) ^rsriDers. bpeoial Pariuer.

Kenyon Cox & Co.,BANKERS dc BROKERS,

81 WALL STREET.

OoTemment Seeoritles, Stocks. Iloads and GoldbouKht and sold on commusloo.

Dodge,Kimball & MooreBANKERS,

STOCK AND OOLD BROKEKS,And dealer* In

GOTERNKIENT SECURITIES,14 Wall hTREKT, N. V.

P. O. Box 4.208.

Duncan, Sherman & Co.,No. 11 Naaaan St., New York City,

ISSUE CIBcnLAB NOTES AND C1BO0LARLol'ers o; Credit avHlIable and payable In all thePRINiHPAL CITlE* OF IHK WO <LD ; also In IbeUnited States, Canada and West Indies.

TclczraDhl:! Transfers of Money to and from Lon-don. Paris, San FraijClsco, Havana, Ac.

Current Accoants received on sncb terms as may ba^rreed npon.

LOCKWOOD & Co.,BANKERS,

94 BROADWAY.Tranaaet a Oeneral Banklns bual-

nca«, IncladluK tise parebaae and sale

of Uoverumrnt and State Bond*. Rail-

road Stock* and Bond*, and otlie

•eenritle*. ou commlaaloa.

Evans, Wharton & Co.,BANKERS AND BROKEKS,

6 BROAa» KTBEEX, NEW VOKK.

Interest allowed on Depo«iu. Collections promptlymade. Stocks, Bonds and Gold boufcht and Sold onCommtfslon.

Texas Cards.

North Eastern Texas.

Collections made on all accessible points by

JAKIES ARBCCKLE ic CO.,

BANKERS,

JeOTeraoD, Texas.

Moore & Wilson,(Saccesaors to H. M. Mo>re,}

BANKERS, BRYAN, TEXAS.CoU-'CtlonB promptly remitted. Corr^apoDdeuta Id

New YorK—ML»r». W. p. Cunversi * Co.

C. K. JOU.VB,F. KTIBSTT,

J. O. KIRBT,W. TOV BUSBVBUM

C. R. Johns & Co.,TEXAS liANB AGENCY,

BANKING A. EXrHaXGR,AUSTIN, TEXAS.

Purchase and sell real t}?>tatu, p.ty taxes and adjustT!U«s, pro«<!cat*! Land and money claims aitaiDsv th«Stale and Federal Qoverumvnta; nkake colteetions.Itecalve depo^ilts and execute Trasla.

J.L. Leonard & Co.,

BANKERS,TKBUINCS OF CKNTKAL RAILilUAD

Ko..., TMcaa.

Wh.A. towr.Late Fort * Trio..

IOioce* W. JaOMoir.

I Late Uutuer 1st S at. BankGalitpulis, u.

Fort & Jackson,BANKF";:.

WACO, TEXAS.Kxraaxncas and coaaasPaxuaKoa:—New Tark :

Wloslow. Lanier A C«.. David Do»a A Co. Clnein-naU: F>r>«NaUooal Bank, Metdiaats National Bkak.New Orleans: Loalaiana National Kank. Wbelsaa aPratt, Uaakers. Ualvestoa: T. ILMottauaiiAcw. .

Page 2: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

98 THE CBKONJCLE. [January 23, 1871.

Bankers and Brokers. Bankers and Brokers.

a. 0. B^ES.T. O. H. BATMOSD. «. D. FoeTXB.

Barney, Raymond & Co.,

Banker* and Brokers,5 Wall btreet,

Late PUI.KSXPN, KAYMOND & Co.

LeonardjSheldon&FosterBANKEBS,

10 WALL STREET,Hevr York.

Duff & Tienken,.

BANKEBS AND B B O K B B S,

15 Wall street, new tork.

Wm h DnrK John H. Tikhkbn,MeSberaol'the N. V. Stock .na Gold ExcHsage..

Stocks. Bond», Gold and Government Securities

'rTcWTGo'ld'-and SUver Coin, and flue Gold and

Silver Bars, coufitautlyou u»uj.Xaiere»i allowed oa Ddpoaita.

M. K. )esup 6c Company,BANKERS AND MEBCHANTS,

12 POni; STREET,

'"aund.and loan, for Ballro»d €««.,

"""'."on or Steel BalU, I.ocom..ttve».

raro, etfi.

and unaertake «!„,«.,Bii i>..-i»»«'cn»'"«"t«d

^.'Ull Railway

S. G. & G. C. Ward,AOENTB ron

BARING BROTHERS & OOMPANVMl WALL STREET, NEW TOEK,

•J8 STATE STREET, B08T0H.

Foreign Bills.

In

James C. King 6c Co.,

BANKERS.•K 5.6 BROADWAY,

Govprnment Securities, Stocks, Bonds, Gold andForeign Kxcliange.Issue Certlflcales ot Deposit,liitcreot allowed on current dally balances.

CoUecLious made on ail parts ot tue Uuiled states

And Kurope.

John Pondir,BROKER.

Government Bonds, Exchange,Gold and Stocks,

No. 44 EXCHANGE PLACE,

Particular attention given to the negotiation ol

liailway and ntlier Corporate Loans.

Unlol. and Central Paclllc Bonds and Stocks a spe-

cialty.

J. M. WBITH. GBO ABBNTS

J.M. Weith & Arenu,

Late J. M. Weltli & Co.,

DEALERS IN SOU! HERN AND MIS-CEtliANtOUS SoC« RiXlKS,

No. 9 NEW bi REST.

liOans Negotiated.

Knauth, NachodficKuhneBAN K E R S.

New Kork, I.«l)>alK, Saxony,AHD

BKJAD ST. 85 BRUHL.

DRAW IN SUMS TO SUITall c;.c i>riucli)iil clUas o( Germany. SwitzerlandEa^jlaud, France, bwedeii, Norway, UoUaud. Bel-

gium, Russia, Italy, bpaln, Denmark, i&c.

l«sne l.etterii of 4'r«dii fo> « ra-r.aers,available In all parts of Europe.

Stoker, Taylor & Co.,BANKERS.

21 NASSAU STREET, NEW YOKE.'Slghl and Time Bills on LONDON, LIVERPOOL,EDINBURGH and DUBLIN, PARIS, BRE.MKN,HAMBniSG, DEBLIN, FUANHFORT-UN-THE-MAIN, VlK.NNA. etc.STOCKS, BONDS and GOLD BOUGHT AND SOLD

onCOMMlSSIO^.COLLECTIONS made In all parts of Europe.

R. L. Edwards,P KER AND BROKER,

NO. 38 WALL STREET, NEW YORK.

P. O. Box 3,3:18.^GoTemment Si'Curltles, stocks, Bonds Gold andSilver '.oln bought anc Sold.Special atte..uon given to Merchants orders lor

Coin.

A., D. Williams 6c Co.,STOCK BROKERS,

45 Wall Street, New York.

Stocks and BondsBOUGHT AND SOl,U ON COMMISSION.

A. DENIS'N WILLIAMS. I J. P. WILLIAMS,Member of the Member of the

N. York Stock Exchang I;« . Turk Stock Exctiaage.

Conover,

Vincent & Co.,K«NliEI«.s Al BKOKKKS,

7 WALL STREKV, N. Y.:

STOCKS, BONDS and GOLD boOKht and sold onCO,\L\IISSlt>S Oi>LV,CoLLKCi'lON'Sni.ideon all parts of the UNITED

STATUS and CANADAS.Special attention given to

Soatlieru Secnrlttes.

Bowles Brothers 6c Co.,PARIS, LONDON BOSTON

19 WILLIAM STREET, N. Y.,

isbitbI

Credits for Travelers In Europe,

exchange on Paris and the Union Bank ol London, Insums to suit.

Subscription agenis lor the Cheohiolb In Paris.

Rlake Brothers 6c 130.,

52 vrall Street. New York.

AND

28 state street, 3 8tonexchan<;e on luvdon

And Sterling Credits,

DEALERS IN COMMHRCIAL PAPER.Buy and Sell Massaohnssetts and New York State

Stocks,

Government Securities Stocks Bonds and Gold

souebt and sold strictly on Commission.

Williams 6cGu ION,«3 Wall Street, New York.

TRAVELLERS ana COMMERCIAL CREDITSIS8I:ED, :iviilli\Me in all pari" of Inrope.&c. BILLSor EXCHANGE drawn In Bums to suit purchasersalso Cable trannfere, ^ „Country Bankers can be supplied with Bills of Ex

change, in large or sniall ani'iunt^. on the principal

cities of I'urcte, also ^ i h T ickels for i assaiie from,or to. E-rope,hv the GUION LINK ol Mail l-teKmerB

ADVANCEIS M DE I P(|N lON-IGNMEN TS (iF

COITON, and other Produce to Ourselves or Cor-r,)sponaeuts.

Alex. N. I'etrie 6c Co.. Gnlon & Co.London. Liverpool.

Brown Brothers 6c Co.,NO. 69 WALI4 STREET,

ISStJB

Commercial and 'I ravelers Credits

Available In all parts ol the world

BANKING HOCiiiE OP

KOUNTZE BpOTHERS,53 Wall street. New york.

Dej'-oslts received from Banks and Indivldnals, subect to check at sight, aud Interest allowed thereon attfOUK PER CENT per annum.Collections made throughout the United States, the

British Provinces and Europe.Governnientt* securities bought and soid.

Money to Loan

Morton, Bliss 6c Co.,ISSUE

CIRt!llI.AH NOTES(issned and paid free •» r'ommissios) and letters al

Credit foi

1 REVELLERS,ALSO,

cooniRRciAi. credits.Available in all parts of the world on

MOHTGN, ROSE & CO »

LONDON.

Cammann 8c Co.,Bankers and Brokers,

8 Wall Street, New York.Transact a Gkiter,l hakkino Bustnbbs, and givepnrttr.a ar tttteniion t-^ the PURCHASE AN 1> .S.-\ lE• F GOVERNMENT, 3TATE AND,iAlLKOADSECU-niTlKS.

—Deposits received subject to check at sight.

Stout 6c Dickinson,:bakeek8.

25 broad street,Cor. Exchange Place, New York.

Governn-ent Becniltles, Gold, fltock and Bondsooaylit and sold ou ommission. Accounts receivedand lute est allo.'ei ou balances, which may he3he';kedioratBiKntsamea«at ..ank.

J • 7- nVvil'ifr'.?'';*."£»'-.S>.0.> and Leather Bank

Ji .U- £''^^I?•^Ii'?l='*'' Prf'ldent Tentii Nat, Ba k.PLATl- K. DICKINSON, Member of N. T. ttock ai dbold F.TChantfe. ^* *' "

Hi.W^RD 0. DICKIKSOJJ, Member ot N. Y. Stockr XLnange.

iOa. b. siOUT.

ONDESlR-iBLK REAL ESTATE.

mORTGAGES PROmPTIiY CASHED.Principals only Dealt Tvitli.

WM. SINCLAIR, Jr., & Co., No. S Pine Street.

Chase 6c Higginson,BROKERS IN

Govarnment Securities, Stocks, Stateand Railroad Bonds,

NO. 6 BROAD STREET,Buy and Sell on Commission the Bonds of the follow.

lug Rulli oads

;

CHICAOri. BUHLINGTON AND QUINCT RAIL-K'lAli AND iTS lilt WCHliS—Speicent.

BUHLIN'; I ON AND MISSOURI RlViiU RAILRi AD(IN' IOWA)—S percent.

BURLINGION AMD MISSOURI RIVER RAILROAD(IN NKBiiAKA)—Sper, .nt.

KANSAS CITY, ST. JOSEPH AND COUNCILrtLlVFS RAiLROAU-SHiidlOperceni.

MIS Onitl RIVKR. F' Br SCOTT AND GULF RATI,R>> .D— 10 per cent.

LEAVENWORTH LAWRENCE AND GALVESTONRAlLRuAu-10 per cent.

""

FORI W\Y.VK, JA'KSON AND SAGIMAW RAK.BOAD-operoeui.

^^*'

Tapscott, Bros. 6c Co.86 SOOTH STREKT, NEW YORK.

Issue Sight Drafts and Exchange payable in all

parts of Great Britain and Ireland.

Credits on W. TAPSCOTT & r.O., Liverpool. Ad

;ances made on consignments. Orders for Govern

ment Stocks. Bonds and Merchandize executed.

Tucker, Andrews &c Co.53 Wall Street,

JA8. W. TCJOKKli: & <«•,

Rue Scribe. Paris."

BANKERS.Issue Letters of Credit.Draw I'ilia on Paris. . . „ .

Huy and Sell lionds and Stocks in London, Pauls

and Frjinkfort and negotiate Loans on same.

Agency of theBANK OP RRITTisH NOMTH

,t in E K I «! A ,

n NASSAU STREET.Commercial Credits issued for use Ip Europe, China

Jsnan the i ast nd West Inrtles. an.i Fottlh America.tPHniand ana Tin e Hills ot Kxchange, payable In

London and elsewhere bought and told at curren

rotes, also cabin TiaiLsfers j, , . ,

Demand Dral's on Scotland and Ireland, also onCarada Drltifch Columbia and San rr-,nci8co Bills

coUecte'd, and other Manklne business transacted.JOHN PATON, ( Av,uitaAitCH. McKlNLAY.J^"""-

Page 3: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

January 28, 187J.] THE CHKONFCLE. 99

Inauranoe

orricK OF TBK

ATLANTICMutual Insurance Co.

Nbw You, Juiuary M, im.

The TruRteea, Id coofonnlty to the Clitrur ot Ihe

Comptajr, tabmll Uie following lUtunant oCIU tlTaln

OD the Slit December. IB'n

:

Pr«m.ain« received on Msrlne Rtoki, tron

lit Jatiatry, I8:0, to 81<t December, 1B1U.. tS,47a,«W WPremiums on Pollclea not mukeU off lit

Janaarr, l«0 8.1M,7J» MTotal amomit of Martae Pretnlnmi t1,M6.ill 71

Ifo Poltelea have been lined apdn'Ute

Rlaks ; nor upon Ftra Rlilu (Uaconnected

with Marine Risks.

I¥emlams marked Off from lit Jannary,

lsm,to31st December, 1871) ts,8a2,7>e 36

Loeoee paid during the aftme

period (3,29g,SW3»

Batami ol Preznlojxia

audExpenaea tl,a«3,363 S!

The Company haa the following Aaeeti, vie.:

United Statea and Buie of New York

Stock, City, Bank and other Stocks |8,8«3,7«a WUoaos secured by Sloclu, and olherwiiie.. 3.!n7,3S0 00

Real Estate and Bouda and Mortgages n7,MI0 UO

Interest, aud luadry notes ai.d clalma due

the Company, estimated at 8W,3a2 Ot

fk-emlum Notes and Bills Receivable...,.,. . ifie».»li 96

CaahluBauk, Si6,us aTotal amount of Aiaeta tM,i:j3,»ij8 W

KSlz per cent iDtereat on the outatanllng certUlcates

of proflta wUl be paid to the holders ther,:ol, or their

legal representatives, on and after Tuesday, tbe

Sweiith ot February next.

The outstanding certUlcates ot the Issue of 1M7 will

be redeemed and paid to the holders ttiereoi, or thuir

legal repre8eutatlves,on and alter Tuesday,ihe Seventh

of February next, from which date all interest there-

on will cease. The certificates to be produced at tbe

time of payment and cancelled. Upon certificacos

which were Isaued cln red scrip; for gold; premiums,

mch payment ot Intereat and rademptlon will be In

gol.i. __A. dWMend of THIRTT-FIVE Per Cent is declared

on the net earned premiums ot tbe Company, for the

year ending 31it Uecember,'llfiO, for which certificates

will be Issued on and after Tuesday, the Fourth ol

April next.

by order of the Board.

J. H. CHAPMAN, Secretary.

TRUaTEBS:J.D. J cues,

Charlea Dennis,

W. H.U.Moore,Henry Coit,

Wm C. PIckersgUI,

Lewis Curtis,

Charles M. Knwall,

Lowell Holbroolc,

R. iVarren Weaton,£oyal Phelpa,

Caleb Barstow,

n.P. PUlot,

Wmiam K. Dodge,

David Lane,

James Bryoe,

Daniels Miller

Wm.Sturgis,Henry K. Uugert,

UeuBlsi'erk)c4.

Alexander

Joseph Oalllaid, Jr.

C. A. Hand,J'AmeaLow.B. J. Howland.BeiO. Babcock,Robe. B. MlBtura.Gordon W. Knmham,Frederick Chauneey,K. 1,. ; ayior,

Oeo. S. Stephenson,William H. Webb,Bheppard Gandy.Francis Sklddy,

Charles P. Bnraett,Kobt. c. Ferguwon,WllUam K. Banker,.Samuel L.Mltchlll,

James Q. DeForeat,Koberi I,, Stuart.

V. Blake.

Inauranoe.

Fire Insurance Agency,NO. 89 WALL ATHKhT.

HEW YORK.

^Etna Insurance Comp'y,HAH'rF«»KD. OONN.

INCUUPOllATEb IBlt.

caab rapltiu $8,000,OUO OOAadet* 9fi,549,fiU4 01

SpringfieldFtRK 4c iTlAHllNE INSVK AiNOB CO.*

SPRINGFIELD, MASS.INCO IS PO RATED 1«4»

Caab Capital •500, < '^00\ia*et« •9a0,i)4e «.5

Providence WashingtonkMHVKANrB C<»!n<'ANY,

OF PROVIDEMCK, R. I.

O K G A N I Z £ D 1 : » 9.

VaHb Capital f2OU,00O O0Aasela isVi^t'iB 69

American1 sciK tNCE corap%nv.

OF PROVIDENCE, R. I.

ORGANIZED 18S1.Oaah Capital $%0 -,000 00ABneUi $379,919 .'8

«A«i. A. AI.KXANDBR, Atrent

J. U. JONICS, Presldont.

CSARLES DKNNIS.Vtoe-Preat.

w.H. H. MO;>ui£, 2d VIce-Pra'st.

J. O. UEWLKXr. M Vle»P|«>i

Buulfors ar>d Brokers.

0l>0>8< OrT>TKX, Wll. A. STatUikllSG. Fbakois OPDTU

HANKINCi HOVSE OP

Geo. Opdyke & Co.,

NO. 96 NA8SA1; STRBET,(Corner ol Cedar street.)

DEPOSITS received from Indlvlduais, Firms. BanksBankers asid Corporattuns. subject to check atsight, and Interest allowed at tbe rate of Koua percent per annum.

0£i«Tli'TC.\TKS OF DEPOSIT Issned, bearing FotTKSer cent Interest, p*yable on demand, or afterxed dates.

COLLECTIONS made on ill accessible polnu In tbeUnited Slates, Canadn and Europe. Dl.llendsand Coupons also collected, and all most promptlyaccounted for,

>.)KnKKS promptly executed, for the purchase andsale 01' Gold ; also, (iovernment and other Securi-ties, on coiuuilsslon.

iNFOii-UATluX iurnisbed. and purchases or ex-cbances of Securities made for Investors.

ciBCjuTIATlONb of Loans, and Foreign Exchange^fleeted

James Robb, King &Co.,BANKERS,

S« WALL STREET,Issue Letters ol Credit for Traveller

Available in all parts ol Europe, etc,

THSOrOK TBB

OITT BANK, LONDON,

neasrs.HOTTINGVBR & CO.. ofParis

AW< COMMEKIMAL ( KKDIT.I and DHAFTS onLONDO.W, PAllIS, and hCoTl-AND.ADVAN< ES made on tonslenmeut*. STOCKS and

BONjuo bought and sold on Commlaston.

Gibson, Casanova & Co.UANKERS-

«o. SO BZCUANOE PLACE.

STOClBUi, BONDS, OOVKKNMKNT SBCnBITlEB,FOREIGN bXCllANUK and UOLD bought and solaou the most favorable terms.INTEREST allowed on deposits either In Currency

or uold, subject to elieck at sight, tbe sameaswltbthe City Hanks.ADYANCLb made on all marketable securities.LKUTIFICATKS ol Deposit Issued bearing IntereatCULLlwCTlONb mads at aU poluu ot the UNIOMad BRITISH PROVINCES.

Henry Meigs,Banker and Broker, No. 9T Wal^ <t

Member ol New York Stock Exchai gc,(Formerly caahler of the Metropolitan Ban) . and lata

01 the firm ol a. Melg*, Jr., A Sirlth

Offers his aervlca* lor the porchaae am* aa e of Government and nil uiuer Stocka, Bonda and Gold.Interest allowed on dspoeluiDVeatmanta carefully attendee to.

Ia»iur>iio>.

OFFtCX or TBI

Mercantil e

(ITUAL INaVBANOB COHPANT,

HO. t« WALL BTRBBT.

?rtw Toac, Jaanacy ID. ISTl.

The lollowlng statement '( tbe affair ol the Company on the list December, :s:o. Is submitted laeoa-

formlty with the reqnlnmena ol IK Charter

:

Premiums ouuianding December 31st IHM tMI,IN BPremiums received during the year ino.. . ifiOfti 11

Total Premiums ,v...v (MiLMMPremlnmi marked olTaa earned fromtat-ary 1st tu December 3ist, 18W tl,0>l,>ll St

Less return Premiums. ffl.TSA V7

Net aamad premiums WJW.TTI MPaid during same period

:

"^"^

Losses, Expenses, Com-missions ± Re-Insur-

ance, less Salvages.. . IM1.3S4 UCash paid to Stockholders for In-

terest ««t.B4«0S

Cash paid to Dealers aa an equlra-

lent for the scrip Otvldenda ol

Mutual Companies |12«,7n 1»

The Assets ol the Comrany on the 31st De-

cember, ISIO, were as follows

:

i;nltedState8,State,BankandotherStocka t4«4,WS 00

Loan^ on Stocks and other Securities 71,083 MCaab on hand and In Banks, and with for-

eign Bankers ' 17,13 ; OH

Interest on Investments due, but not oel-

lectcd • »,l»l i4

Bills receivable and Premiums daa and

collectable SHjm aSecurity Notes 800,000 0*

Scrip, Salvage* and other Claims du* the

Company W,*^ 35

tljIi.'iM S5

tW Tbe Board of Troatees have reaolred to pay ta

the Stockholders an Interest Dividend ol THREEAND ONE-HALF C«X) PER CENT., free ol Govera-

ment Tax, on and after WEDNESDAY, February ut.

TRCr VTEE8:James Freeland,

Samuel Wlilete,

Robert L. Taylor,

WllUam T. Frost.

William Watt.

James D. Fllh,

EUwood Walter,

O. Coiden Murray,

Townsend Scudder.

Samuel L. Ham,Bryce Gray,

N. L. McCready,WllUam Nelson, Jr.,

Harold Dollner,

Jot. WlUeta,

A. Fester Ulgglns,

Francis Hathaway,Aaron L. Beld.

John D. Wood,George W. Hennlngs.

Henry Eyre,

Joseph Slagg,

Edward Merrltt.

Daniel T. Wlllela.

L. Edgerton,

Henry B. Kunhardt.

Johns. Williams,

Charles Dlmon,Paul N. Spofforl.

James Douglas.

SLLWOOD WALTER, President,

ARCHD. G. MONTGOMERY, Jr.. VlcaPras't

ALANSON W. HEOBMAN,3d Vloa-Pra*^.

C. J. DE8PARD, Secretary.

Miscellaneous.

Williams & Bostwick,Nob. 40 ic 49 Excbaiixe*pla«e,

NEW YORK,

BANKERS AND STOCK, BOND AND60LD COmniSSION BROKERS,Make liberal advances un all Flrat-oiass Securities,

tuterest aliowad on Oepoalt .

E. S.

66

Bailey,WALL STREBT,

Buys and Sells

Insnrance Stacks and Serlpa ; also,

Baitk Stocks and otber Secarltles.

" SPECIALTY"Caab paid at once for the alK>ve Seourttle* ; or thay

will be sold on commiaaioo. at sellers option.

Page 4: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

100 THE CHRONICLE, [January 28, 1871."!

Financial.

Elizabethtown & Padu-

cah Railroad Comp'y

OF.KENTUCKY.

First MortgageEIQBT FEB CENT. BONDS.

By the anttorlty granted In their charter the Eliza-

bethport 11..1I Padacah Kallroad Company have iBsu d

tbelr fltat mortgage bonds to the amount of three mil*

lloaa of dollars. The Trustees are Ex-Norton and

p'hUo C. Calhoun, or Kew TOrk city. The bonds are

of the denomination of one thousand dollars, are pay-

able twenty years after dale, and bear interest at the

rate of eight per cent per anuum, for which semi-

annnal coupons are attached, payable March Ist and

September 1st, at the Bank of America, New York.

A briel statement of the conditlun and resources of

the Company, the route of the road, its present pro-

gress and future prospects, will be bulQcleut for the

for the lonnation of a correct estimate as to the sub-

stantial value of the Bonds us a remuueralive and sale

investment.

The length of the tine is one hundred and eighty.five

miles, running from Elizabetht vwn, Jurty miles south

of Louisville, on the Louisville and Nashville Hallroad

to Paducah, at the intersection ot the Ohio and Ten-

neesee rivers, forming the outlet of the tobacco grow-

ing; counties ol Grayson, Butler, Daviee, Hopkins,

Caldwell, Crittenden, Lyon, Marshall a^^d McCrakeu,

and parsing IhroUAh, by the Chief Engineer's report,

over eighty miles of rich and extensive bituminous

coal fields. Also are found in the counties of Hop-kins, Caldwell and Mubieuburg rich deposits of iron

ore, and aloiig the entire line is an unlimited supply of

the finest lumber-

In addition to the business Uroxa the counties named,the road will also draw bUAiutss from some si.Y or sevencounties reached by its coimectloLS with i.Ue Evaus-Tille, Headei son and Nashville, the Owensboro andKussellville, and Louisville and J^ashvUle Railroad,

and its Memphis br,iuch.

The estimated cost, by the Chief-EngJneer, on Marchist, 16<»5, for the entire road, ready lor business, withequipment of motive power and rolling stock, was

' |o,i0j,0(10. Since that time there has been a reduclionin values, and contracts have been let for about oi.e

hundred and sixty-five miles, including the bridgesover Greei' .Cumberland and Tennessee rivers, at aboutten per cent, less luau ihe estimates, leaving abouttwenty miles only 10 be contracted lor, which can belet at equally favorable rates. It will therefore be seenthat the entire i ost of the road and equipment will benot far ftom (S i5u,i,UI. Fllty-three miles hav^- been com-pleted, and track laying is steadily progressing. TheComp.my are now receiving 4,000 tons iron, which willbe FUfilcieui to complete the essiern division of theroad to Greenville, W miles. Work on the westerndivision is well advanced, aud It is confidently expected that nearly the eutlra hue will be completed duringtbe pi esent year.

The Immediate resources of the Company are repre-sented by iu paid-up capital stock of $3,09.,000; ofwhich Uja,Oi>} was subscribed lu city and countybonds, and »3i!0,0UU in c.sh, the city of Louisville sub-scribing ilfftljM to bonds, which hav. all been sold,netting over »a»,00O cash, and a large part ot thjcounty bounds Have been sold, mostly to contractor*,at very favorable r-.tes, and ihe stock subsciiptionmay be reUcd on to yield the sum of |2,700,u», which,with the proceeds of the mortgage Bonds at the pre-•ent low rate, wni be ample to complete and equip theroad n-ee of floaUng debt, without estimating anyearnings before its entire completion.~ These bonds will all pass through the hands of the0nlUKl SUtes Trust Company of New York, wbtrethe proceeds of sales will be deposited, to be paid overto the Company onl, as each mile of road Is com-pleted-

Ihe most rigid care has been exercised to protect by«T»ry legal safeguard the Interest of the bondholdersTbe mortgage provides for a slnKlng fund from the

earnings of the company, after the year 1OT6. to beMed for ulUmate payment of the bonds on their pur-chase and cancellailon belore maturity.The bonds may be converted into stock ot the com-

pany for seven years after the first through run of carsand may be registered If desired.We are authorized to offer these bonds for the pre^

ent at Bixc and accrued interest.

NOBTON, SLAUGHTEB * CO.,WM. ALEXANDEU SmiTH & CO..HALLGARTEN & CO.,Niw ToBK, and

BBEWSTSn, 8WBET & CO.,JBOSTOJJ.

Financial.

City of Baltimore.

$1,200,000 SIX FEB CENT BONDSOF THK

Western Maryland Rail-

road Company.KNDOB8BD BY THK

CIT¥ OF BAIiTimoRfi.' The and-ru'ened Flna'tre Committep <if the WEST-ERN MARYLAND EAILlifni- Ci^MPANY offer

through the,£imerican Exchang-' Kational.^auk

$1,200,000of the Bond* ot ttie WE»Tii.KN MAKTLAND RATL-ROAit C 'MPANT havinjr 80 v ears to run. principaland iiit'rest guarat teyU by the City oi Balihuore.Ihi8 eiidor8em<'ut having been auth'Tlze. by nii aci6t tlie LeK Bh;tnre, arid by ordlna-B nf ih-, Ciiy Conii-cil. wjib fiubmitit d lo aod ratilleu by an almost un^n].mousvoteoi 'he people, ab an iidditloual securitytbe ci'y has proviued u .-iokliip Fund ol t'.tt)0,tOO I'-r

the iquidation of tliie debt atniattnity. An exlilbitOI the financial condition ot the city bhowe iiiat KhehiiB liVHilable aN.: cnve'tlble assetB more tnan iMiffl-

(•! nt to pav her entirt^ indebtedn''!-8. lo invesiortlooking for abnoln'e security , i.o loan off' rod in iliis

nmitet pi eseiue ffi'-Hier lUduceratnis. Ihesf Itondi*

are • ffere i at 8(>^ and accrued interest. Couponspayuble January und July.

WILLIAM KFYSKR,J .HV K. I.UNGWKI.L,MOSES WlEbfc^FKLD,

Finance Committee

East 1 ennesste, Virginia

& Georgia Railroadlat JTtOBTGAGE 7 PEB CENT BONDS,

REDI-.EMAILK lUOO,

Interest Paj'able Ist of January andl«t of July, In tbe City of

ticw York.THE MOUTGAGE 18 FOB $3,500,000 ON A[(OAI) 27(1 mllfs loni, which hca ueca m micccss.uIoperation lor many .\ ears. The lien is about

$13,000per mile, which makes It, with lew exceptions, thesmallest l«»ued on any road In tie nulled states Itwas creaied for tlic sol*- puipos- of payliij; off tbed«-bt due the btate of Tenne>a. e. ainouutiug to

$4,117,761 10.An cxamltatloii inlo ihis fecuntv will orove It to beone t'l the bfst evi r nflVrtd in ih s marKetFor termf- and lurtlier partirulan*, apply to

CALLATIN NATIONAL BANKNO. SB WALL SlKEf,

Agent for the sal? of th'_- Bonds.

First MortgageB O N D !«

Nashville gr Decatur RR.This MortgaKe is (or

$2,100,000,or only |n,600 pc.-mlle on an old andcompleted road,showlBK an I'Btabliahed business, Irom local tralllc

mainly, more than mfllcicnf. to pay Itsinter-'sr as It

becutntes due, -with piocpects ot yrfatly enlarge-ireceipts from new connections which are now inprogre 8.

The Mcrtgage Ivascrcateii for the sole purpose ofpaj Ing a debt due to ibe state ol Teniesee on termswhich would reduce the liahiliiy of the road about;600,C»X).

Ol the bondf Issued under 8»ld Morlgaee t:0O,(X):)areheld Id Eaciow lo abide fcltlement ol aclaim of ti,eI nlted frtatcs; »300,0«lliave been , uichasrd by theparties In IrrtereRt, and the balance of tl,eo;),000 anoffered for sale on favorable te.ms—the socurlly, mludgment ol the underslened. being such as to entitlethem to perlcct conadence.

Drexel, Winthrop & Co.,18 WALL STREET,

N. Y. Guaranty & Indemnity Co.,

62 BROADWAY* EXCIIANGK COURT.

Financial.

O R ALE.

Midland BondsIN DEKOiilNATIONS OF

iiCO, S5CO & SljOCO.

T K SK;i FA VO.RITE

SEVK!^ PER CENT GOLD BONBSi

are secured by a firtt mortgage on the great Mid)»rdRailroad til Jvew Vork» nnd their Uane 1b strictly

limited to tao.COO per mile oi flniehed road.cofttlDg

about 140/KJO iier mile. Entire lergih ot road, 845

miles, ot which 220 liave been c mpleted, aod muchpruKresg made In grading the rtmamder.

RESOURCES OF THE COMPANIT.

Full-paid stock snbvcrip-tlousy about - - - $6,500,000

Subscriptions to couv«rtl-ble Bonds, ... - 600,000

mortgage Ruuds, $20,000per luile on 345 miles - 6*000,000

Total .... $14,000,000Egual to $40,000 per mile.

The road la built In tbe mo»t thorough manner^Hudat the lowest attauiable coat lor cash.

Ihii liberal 8ub&crjptioti& lo tht^ Convertible Bondsol the Company, hOded to its ether nsourcei^, giVL*

the most encouraging assuraiice of the eaily cem-pletion of the roi:d. The portion already Kniebed, as

will be i*een by the loiluwuiK letitr of the I'rtSiueut

oi the Company, 1» doing a prohtuble loi:ul bufain*.&s

Nkw York, Dec. 2, 1373.

MeBBrs. Geor^o Opdyke & Co., KewVork:Geiitlemen: Your lavoroi the 1st iiitit., asking for

a 8tatemi.ut ol the last month's eainings of the NewYork »nd Ohwego Wluland Railroad, iu at band. I

have not as yet received a report of the earuliigs for

Novembi;!*.

Thi- earnings for the month of October ttom ai;

sources ivLre Ji4S,':09 17, eqaal to t3U 51U04 per annumon (he 147 miles ol road, viz.: ilain Line from Sidiiey

to Oswego. 125 mileb; 2sew Berlin Branch, <£i miles.

The road commenced to traLsportcoal f:om Sidney,

under a coniract with the Delaware and Hud*onCa na. Compatiy, iu the latltr pait ol KovcUiber. Thebest Inlorii ed on ihe subject eHlmaie the quantity to

be traneported the first y ar at not less thjn 260.100

tons, while cme es iii-a e the quantity at SOO,OCO tone.

This will >icld an income ol irom *873.aoto $450,C00

from coal alone on that part ot the road.

Taking tlio lowebt ol thete esllmateB, it gives for

the 147 miles a total annual eari.iugs ol $819,51004.

The total operating expenses will not exceed lilty ptr

cent , which leaves -he nt l annual eurniug8^4y,7c5 1 2,

which iR |i;'i4,f-55 02 In exocBR ot interest of the bonds

issued thcieoD.

I should add tin t the earnings fVom pa88eng:cr8 and

freight are steaflily Increasing, and that, too, without

any through bupincfis to New York. Y'ours truly,

D. C. LITTLEJOHN , President

N. Y.an;i O. Midland liallroad Co.

The very favorable exhibit presented iu the lorego-

ing letter shoWB that Ihle road, when finished, with

ilsnnequaled advantages for both Icchl and through

business, must prove to be onfe of the most prolitbble

railrosd enterpripes in the United States, ai;d that Its

First Mortgage Bonds constitute one of the safest and

most invItiniE railroad securities ever oflered to in-

vestors.

For sale, or exchanged lor Governments and other

current securities, by

George Opdyke & Co.,NO. 25 NASSAU STRKET.

TOWN BONDSOf the State of nilnol«. bpnrlnij imeres't • v\r.

For i-firilculars inquire of

PARKER & LAWRENCE.U, 1 WAlt, 8TEEBT.

State of Arkansas7 PEK CENT BONDS, EKDOESKD BY THE

niEinPHIS & I,ITTI.E RUCK RR COFor Sale at 70 and accrued Interest, by

Swenson, Perkins & Co.,80 BKAVBR STREFT.

THK STA'i E or aRKans^AS issues It-* Honds in a!;lof HallroHds—ten thousand dollars per mile, lor thi;paymeid 1 hereof a B|"Claliaxls colk-cled annuallylor interest ;it:ci siukine fund.THE MKMPHIS AND LITTLE KOCK RAILRO.aD

!.'« miles loiiK. I8 ri.mplcted and in running order VJOmllet). The uiiflnished section will be completed InDecember next.

K. C. HEINKI.EY, PrcM'uMemphis aud LlUle Kock RB

Page 5: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

xmmHUNT'S ITERCH ANTS' MAGAZINE,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL. 12. SATURDAY, JANUARY 28, 1871. NO. 292.J (i'li.

CON re NT 8.

THE CHRONICLE.

Foreign Capital and Uie Sprint)Trade

Til. Boatwell and Fliscal ReformPfiees of Merchandise . :

Treasure Movement at New Yorkfor each month of 1870

Hannibal and 8t.Joeeph Ralliaod

THE B.VNKER8' GAZETTEMbnev Market. Railway Stocks.' U. 8. Securities. OsM Market,^'orei^rn Eirhansre. New York», City Banks, PhilaclelphlaBanksnational Banks, etc 110

Qaotationa of Stocks and Bonds 113

101loa103

103IM

105Changes in the Redeeminj{Agmts of NatiotaW B»nke. .

.

Lat«»t Monetary and CommercialEnjIlshNeWB 105

Commercial and HlacellaneoasN«w» '..J....... lOS

AND RAILWAY MONITOR.Rillwa.v News 114Railroad. Canal and Miscellane-ous Stock List 115

Railroad, Canal and Miscellane-ous Bond List 118-7

Commercial EpitomeCottonBreadetnflk

THE COMMERCIAL TIMES.lis

I

Omceries 1«119 Dry Goods 123m

IPrices Current I*T

SCbe €l)roiiicle.TaBUOHMERCIALAND FINANCIAL Uhaoniclk t5isiue<< every SatUT-

day morning, rilU thr latest news up to midnight of Friday.

T8BMS OF SUBSCBIFTIOK-PATABU IH ADVANCB.'orTai CoHMXKciAL AND FiNANOtAL Chkoniole, delivered by oarrier

tooity^nbscribers.ana raallod to all others, (e-Koloaive of postage,)ForOneYear JIO ixi

For Six Months 6 00

1 he Chbo'- ioi.« tsiS bt tent to mbscribtrt until orttered dittxynUnued In/ letttr.

P^ittage i*%) eent« per year, and U paid by the siihecriber at Mn own post-offUe.W(U.IA1I B. DAHA, r 'VrLLIAM B DANA & CO., PDlilt-hers,)0a» a. rLOTD, JB. f 79 and 81 William Street, NEW YORK.

Post Omos Box 4,59J.

Mr. Alex. Holmes la our onir triTeliing ai;ent.

BP~ The P«*'/«A«r« cannnt ha neponsibfe /or StmUtanau untttt made bydrafle or Pmt Office JToney Ordert.

1^" A ne<it Hie for 'loltli'iu eurreit nwnbfrs of the Chbohiolb t« nold at theOfficefor Mctf. ViUimmmbi'in-ir.jr suh^cibers at fl'a. The Arst andMoondvouintt of the (;aaoHioi.t uiUlbsptimhated by the pablUheni at a fairp'ic*.

PflREIliS CAPIT.H A^ll THI5 SPRllUfi TRAUE.

^The peace rum<'Ts from Europe have some influence in

checking the movements towards monetary ease which have

been developing of late. The argument is that we have a

vast amount of foreign capital which, on the return of peace

in Europe, would be attracted thither; and a» this capital is

now in active use in our mmit^tarv transactions, its sudden

withdrawal would df]ilete the reservoir of the loan market,

and could scarcely fail to occa-sion temporary disturbance.

There is some plausibility in this reasoning. But its chief

force depends on the suddenness of the anticipated draw

upon us. If peace could be established without delay, and

if the immediate result were the revival of public confidence

in Contincntil Europe, then we might find it a ilifflcolt tBsk

to replace the vast amounts of floating capitol which would

be liable to be drawn away from us. There are several

reasons for this. First, we have been building so manyrailroads and other wealth-conttuming works during the past

\ree. years that the process of converting our floating

ipital into fixed forms has been allowed to go on with

«rilout rapidity. The consequence haa been that the sup-

plies of foreign capital have been depleted, and the reservoir

has been in danger of sinking to too low a level. Now it

is one ot the most interesting problems of practical finance

to determine (he proportion which the floating capital of a

great, thriving, rich nation should keep up in relation to its

fixed capital; and in all active commercial countries, but

especially here and in England, the most successful financial

men owe much of that perspicuous foresight which is the

secret of their success to their quick discernment

of the precise point of time when the safe level

has been overpassed and when the tide of floating capital

is rising too high or sinking too low for the burden of <ibll-

gations it is reqdired to float. Secondly, there is no doubt,

and the proofs have often been expounded in our columns,

that in this cOnntry, during and since the war, the conver-

sion of floating capital int(> fixed capital has gone on so rap-

idly as to bring us at several critical conjunctures to the

very verge of a' great financial convulsion. Thirdly, so

great has been our recuperative strength, so rapid our mate-

rial growth, so active our wealth-producing forces, and so

rich our sources of industrial and commercial prosperity,

that, notwithstanding our defective financial system, wehave always passed each crisis with less of disaster than the

most sanguine observer might reasonably have looked for.

Pourthly, it has often been pointed oat that the disastrous

European conflict which has destroy*! the work of centuries

and kindled among kindred nations the fires of hate and

terror and fury, which may be quenched in the blood of

peoples yet unborn, there has been for us a compensative

advantage. Transatlantic wars have not seldom been of use

to this country. And' now, as hei'etofore, one of these bene-

fits hts been that capital has flowed this w.iy, and has cometo us seeking safe investment at the very time when floating

capital was to us the most urgent demand, the

most imperative want, the resistless, dominating

condition of our prosperity and solvency and progress.

The vast accumulation of foreign capital which has invested

itse'f here during the last six months has of course produced

some evil as well aa much good. To it we owe in part that

deraneement of the foreign exchanges which, in combination

with other forces, has tended to depress inordinately the

price of gold; and to it is due the apprehension which is

torturing ^ome of the most thoughtful bankers whether with

returning peace we may not be compelled to refund to

Europe a part of the floating capital she has lent us, and

whether the monetary drain fi-om this cause may be too

sudden or two large for us to m- et it, without more or less

of inconvenience and trouble in our loan market.

It is tor us a coincidence of no small value that this ques-

tion did not obtrude itself on the public mind until our

periodic stringency was over, and until our supplies of capi«

Page 6: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

10^THE OHRONICLE. [January 28, 1871.

tal and currency had begun to flow back from the interior to

the financial centres. Every week for some months t« come

will strengthen our power to meet such a drain as is sug-

gested ; and a demand on us which a mouth or two ago

might have precipitated a monetary spasm and heralded a

financial panic, would now raise scarcely a ripple on the

smoota face of the mobile current which supplies the loan

market.

Moreover, if contrary to expectation peace should be!

established to-day all accessible evidence shows that financial

confidence wii! be slow to return, and till this confidence is

re-established capital will be very loth to seek investment

among the smoking ruins of devastated fields and cities, or

wherever else it may be wanted to repair the ravages of

war. And let this draw come when it will, England must

neels feel its first eflfects. In London it will spend its

earliest forces, and as capital earns much higher rates of in-

terest here than there, we may safely calculate on a suffi-

cient interval of previous warning to enable us to meet the

foreign demand for the capltol now lending in our money

market.

On the whole, then, we infer that the apprehension which

hfs made itself visible here of late is premature, and that we

need not look for any such monetary derangement from the

cause suggested, as can seriously interfere with the develop-

ment of the spring business which is opening upon us with

1,0 much of promise, activity and hope.

AveraRP of1868. 1869. 1870, 4 vcar«.

100, .568 107,977 112,424 10.5,5.50

55,949 .69,184 68.501 65,578

38,957 41,196 40,484 40.449

51,188 4.5.002 44,490 46,6857.965 9,464 9,24.3 8,988

254.617 272,843 275,248 267,210

MR. BOllTWELL AND FISCAL REFORM.

The successful management of the Treasury depends much

on a psrmanent policy and a due adjustment of the fiscal

system to the plan of expenditures decided upon by Con-

gress. This fundamental principle of finance is too often

forgotten by the advocates of fiscal reform. On Wednesday,

the Committee of Ways and Means listened to an able argu-

ment from Mr. Boutwell on this subject directed against the

repeal of the Income tax, the revenue from which this year

he says will be too large to be given up without destroying

the adjustment of revenue to expenses and throwing the

Treasury into confusion. Thirteen or fourteen millions is

certainly a very heavy loss from the already reduced income

of the Treasury, and if it can afford to lose so much, the

question is raised whether some other fiscal burdens cannot

be chosen and taken off which are more widely mischievous,

press more heavily on the poor, and are more obstructive to

the material growth and productive power of the country.

The income tax, however, has become one of the most un-

popular imposts on the internal revenue list. And not with-

out reason, for as now assessed and collected it is the most

inquisitorial of all known taxes. It has enabled a few offi-

cials all over the country to put their neighbors under oath,

and under this solemn sanction to investigate all the sources

of their income, the results being published in the newspa-

pers. It is difficult to imagine a more needless affront or a

more gratuitous outrage to the self-respect, the honor-

able independence and the personal dignity of a whole

nation. Under the stupendous pressure of a civil war, the

perils which threaten national existence, and the patient sub-

mission to executive power which is usually developed be-

fore great public dangers, inquisitorial taxes are gladly sub-

mitted to ; but with the return of peace the time soon comeswhen such taxation becomes too unpopular and too galling

to be endured. But it must be remembered that if the

method of collection and assessment were incapable of

being so modified as to accord with the genius of a people of

high spirit and liberal institutions, the income tax could not

have survived so long either here or in England. To throw

light on some of the argnmeuts for and against the income

tax, and to show the extent and direction of the pressure from

which its repeal would relieve our ci'^izen^, we have con -

densed in a tabular form the official statements of Internal

Revenue showing the number of persons who for a series o^

years have paid the tax, and the aggregate amount of the

revenue from this source for each year. The table is sub-

joined :

ITCMBBB or PIBSONS PATTNO UNITED STATES tNCOMB TAX 1867 TO 1870.

Paying 1867.

»20orlesp.. .. 101,219

8ver $20 and under $60. . . 68,680

Over $60 and under $100.. 40,899

Over $100 and under $500. 46,055

Over$600 9,282

Total .....266,135

Agregate tax tJ7,418,000 $23,.390,000 $27,363,000 $26,150,000 $26,077,750

Exclnsive of returns of the 11th N. Y. District, not yet received.

These figures are very suggestive. Besides other obvious

facts they show that the income tax has been collected from

less than 280,000 persons, who hive borne the whole

burden, the rest of the nation going free. These taxes were

paid under the act of 1867, which exempts $1,000 of income.

The new law of July, 1870, extends the exemption to

$2,000 of income. Hence there will be a further easing of

the pressure, and the number of tax payers will be reduced

to less than 100,000, while the probable revenue brought

into the Treasury is variously estimated at 12 to 16

millions, with a cost for collection of not more than half a

million. It is further urged by Mr. Boutwell that the

persons who pay this tax are the richer class, who are not

only best able to pay, but who are less heavily taxed in

proportion to their means than the middle classes of the

community—the citizens of small capitiil, who are the chief

organizers of labor, and the men most liable to suffer under

the frequent derangements of industry and convulsions ot

business incident to a paper money system. Such are the

chief arguments of the Secretary of the Treasury, and w©

must confess that they have considerable weight. On

behalf of repealing the tax, General Pleasonton, the new

Commissioner of Internal Revenue, has written a letter to

the committee, which was laid before the House of Repre

sentatives on Thursday, on which day the Senate bill repeal

ing the income tax was passed by a vote of 26 to 2.5. Mr^

Pleasonton urges no new argument. The following . the

essential part of his letter:

" I resfard the income tax as the one oi all others most ounoxi.

OU8 to the jteniua of our people, being inquisitorial in its nature,

and drasrginK into public view an exposition of the most private

pecuniary afiairs of the citizen. Such an exposition can only be

compulsory effected throujjfh a maintenance of the most expensive

machinery, and both the nature of the tax and the moans neces-

sarily employed for its enforcement appear to be rejjarded by the

better class of citizens with more and more disfavor from year to

year. It is furthermore most difficult of exact statement, andespecially in larsre business examinations and where lonpr periods

of time are involved in extended commercial affairs. There ie

some question as to its constitutionality. Jut as to that I express

no opinion. The amoiuit derived from that service has, under the

leffislation already had. been greatly diminished, and I am so well

satisfied that the evils more than counterbalance the benefits

derived from its longer retention, that I recommend its unconj

ditional appeal.

The whole subject was, of course,^referred hack to the

Committee, who will present their report to the Housft in a

few days. It is generally supposed that this report will be

in favor of repeal, though the Committee are about evenly

divided, and there will almost certainly be a minority report

advocating the retention of the tax, on the principle of fiscal

adjustment. Seldom has it happened in the history' of this

country that we have had a conflict of opinion so decided

and so important as in this ease between the Secretary of

.

the Treasury and the head of a subordinate bureau. On

account of the paramount importance of fiscal harmony, and

the brief period since General Pleasanton took office, his

opposition to the policy of the Treasury is the more conspic-

uous. Perhaps under the circumstances the course adopted

Page 7: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

January 23, 1«711 THE OHRONIOLR, 103

will be fur the XLIst Congrew W) Iwtve the whole quesiiun

to its suooesDor. A moribund legislativo iisuprnbly iiwy

shrink Croin the rpspoiigibility >( d.-runaini! a newly

adjusted fiscal syatom imd cultinj; off iin importunt souffle

of revenue by repealing a tax which has only six months

ago been niodilied and made si> iMU<!h more tolerable and

•asy to bear than it ih in England, where the methods ot

assessment are so perfect that for a quarter of a century the

people have paid it without any such serious discontent as

was evolct^d here a year or two ago under the old tux law.

The chief cause of this discontent among us was rather

the vexatious and inquisitorial methods of levying the

tax than the large amount or the wide pressure o( its

burden. The oaths it administers caused frequent pT-

jury, and the publicity given to the returns, while

it oppressed and annoyed the honest citizen, gave

swindlei-s the chance to win by false returns a

consideration in society and a credit with the public, which

were sometimes used to plunder the toj confiding victims.

If there should be no repeal of the Income tax at present,

we must at least have a reform in the methods for

collection. Especially let the assessors' oaths be abol-

ished. The demoralization which these frequent adjurations

have caused in the republic are too wide-spread and strike

too deeply at the vitals of our national organism to be con-

templateil without grave apprehension. So mischievously

common has the practice of swearing a witness become

among us that even the Special Commissioner of Revenue,

when collecting a few facts for his report, is declared to

have required each man to verify his evidence by a solemn

oath. By all means let us abolish all unnecessary taking of

oaths, in every department of our revenue system. And wemay as well begin the reform in connection with

the income tax. Other similar reforms will fol

low when once the example is started.* A second

change is the prohibition of publicity. To have stop-

ped the publication ot the income lists in the newspapers

is one step in the right direction. But this is not enough-

The lists might he kept secret instead of being open to

the public inspection of idle curiosity or meddlesome frivol-

ity as now. It was formerly objected that this publicity is

needful to secure accurate returns of income. This objec-

tion is refuted by facts. The lists have been notoriously

inaccurate under our false and mischievous system, and the

returns are much less satisfactory and fair than those of

England, where no oath is required and no publicity is

allowed. If Congress, during this session, can do nothing

for the repeal of the income tax, let them at least put

the brand of their disapproval on the two evils, which have

been grafted on our income tax system, and have not only

impaired its popularity imd its productiveness to the

Treasury, but have caused it to demoralize and degrade our

people. ., , .,,

laM. 1886. ISM. IMT. ItM. MM. !«». UTl.9e ie to te •« 9e te l«

Coiion. mid. upland ...l> 81 Ian JU M 1< r »% ISHMid. Nu>«Orl<]aua....l> ... 1 «l 63 S5 18)< I7)i »'( ISM

Fluh, drycod qU. 670 »00 9(W 8M 680 6S0 »B0 7MFruit. l»T«rnklitns....6x. 410 (K 480 Sm aW) 686 IM 1«6Ciimini. lb. 15 11 IS 18 UH WH. " «

Hay, "lilpplnit, 1001b. 14* "w 1 WHop.SutB ». 8f»BO<ini»801018 1«

Iron. Scotch utK too.4S00 6800 IMOO 8000 3600 4100 MOO 6600Eii;rll«hb««i ton.DO 00 190 00 1.80 00 ll.^ no 8800 87 00 MOO 7780

Am«ric*nplgNo. l...t«ii 8900 SI 00 4900 t»00 4100 «700L«th« : jwrM. 1.W 140 9 00 3M 3 00 811X166

890 68TM616KM K SO88 40

1808009778

ISO89013S

•»80

40 40>180 1708 00 tOOO99 9tH76 74

Lead—Spsnlah . .'..cwi.lOBO 15 00 6 88 7 00

Leather—hemlock, aole 1I>. 80 44 .W 31Oak ft. 41 81 81 87

Li,„ — " .r.iciand, bbl. 1 85 115 170 1701,1, . coe'c.gal. 8 10 18 00 8 00 6 00

I' iskey rhI. 94 IM 147X 188Mi.i ,.. .. urlean«..i{al. 70 1 43 1 1ft 90Naval fttorea—Cnido turpentine., bb! 900 600 8 78 888 8 80 880Hplrlta turpentine.. Ml. 198 S 10 1 06 87 90 80 48« SO

Common rosin bbl.SlOO 1800 830 800 800 146 106 186OllN—Cnide whale., .gal. 1 10 148 1 80 1 30 70 1 96 86 66Crude, »perm fMllSO * 18 *80 8 80 119 175 198 1 »4

Linneed g»l. 147 190 1 45 1 84 1 03 98 98 81Petroleum, crude... gal. 3t» 51 40 IB 16^ 18 15)i 13

Refined In S.W... gal. 46^ 78 61 30 14 81 80 MXProvislona

Pork, old meaa bbl.10 90 43 00 18 90 1915 1115 1715 « M 1918Pork, prime bbl.14 50 3015 !.<) 50 1715 18 90 13 00 MOO 10 90Beef, mess hbl.1800 iilY) 44 00 SI .V) ill 00 10 00 1700 1700Beef, extra mew... bbl.2.3 00 83 00 8100 1100 8100 19 90 15 00 17 90

Beerhama,eiua....bbl.l8.'« 1700 3500 850) 3190 8100 8400 8100Hama. pickled lb. 11 80 16X 18X 18 18 15>f 18HShoalden, pickled. ..lb. S)i 18 14 10 8X Wi 14H 8Urd, Western lb. 13 18 19 13 IIX 17X 17)i 1%HButter prime Western, ft 8445858038408115Butter, prime State, ft. 29 59 '43 41 45 .... 47X 41Cheese, prime factory ft 15J< 84 ISJf 17^ 16 19)4 1~\t 16VRice, prime lOO'ft.lOOO 1800 12.90 985 8 75 915 7 19 7 85 |

SaiuLiverpool, eroond, sk 189 8 47 850 800 800 110 179 1.WLiverpool, flneAshtons.jl 80 "'S 410 870 890 886 885 SM"

Seeds, clover ft. IIX 87 14 14

Suear, Cuba, good ft. 12 19 '18 10

Suinir, rellned, hards, ft. 16Ji '88.4 '18X 15

Tallow ft. 18 18 14 11

Wool.Ohloace, dbleexft. 80 95 70 60PnlledNo.l ft 75 ilH 85

Amerlcangold 152 227 \ii)i 133

3 90

llJi..-. 18 11!<ll'.< ... KTi 9%\f>\.... 14 14KlOX IIX lOX »60 5S;< 88 ....

80 87^ 81 ttitVS&H 136K 110 llOK

PRICES UK JtfiRUHlNDlSiE.

In the table which follows, a comparison is made of the

prices of the principal articles of commerce in the New Yorkmarket about the third of January of each of the past eight

years. Where there is a range in the price we give the

highest

:

p"Pearla

BreadslulT'"—Wheat dour. State Ex. bbldoei. West. *8t IxiulslRye flour. Gene«ee bb]Com meal Jerser bblWheat, white Mich. bsh.Chlcaffo, Spring No. 1 .

.

Rye, Western bush.OkU. Suta bash.0»U, Western ...bash. „Oom. WMMrn, mixed. . 1 80

1X64. 1865. 1866. IStTT. 1868. 1869. 1870. 1871.

880 1175tc900 t^ 8 37

t c7 8714u ^1^

975 18 CO 1100 1100 10 50 9*1 900

700 10 00 885 1100 10 00 700 660 6.<)n1 (10 15 00 14 00 17 00 16 00 18 00 800 915««5 900 6 10 785 8 75 700 800 560.S(i6 880 418 500 6 15 500 470 8801 H3 970 175 305 880 330 ISO 1 7514« an 185 345 8 45 170 188 1 441 3U 178 106 18S 175 151 108 9893 106

,« 69 87 78 66 «1

Wt 109 .'. « 64 84 77 68 60130 1 90 — » HI vl4J 110 1 18 78

TREISCRE MOVESEST AT NEW YORK KOR EACH MONTH

OP 1870.

The general movement of coin and bullion at New York

in each month of the year 1870, and the totals for the whole

year, are shown in the table below. A brief explanation of

the method in which these figures are compiled, and of the

precise meaning of the several column headings will enable

the most casual reader to und^^rstand them thoroughly, and

to see at a glance how large an amount of information in

regard to the specie movement is here brought together.

The first and last columns s'mply show the amount of

specie in New York City Ranks and Sub-Treasury, on the

Saturday nearest ths beginning of each month. It is neces-

sary to take this date, as the bank statements are issued

once a week only, on Saturday. The second column shows

the receipts of all kinds of irold and silver from California,

Oregon, Nevada, &c., as nearly as they can be ascertained.

It is well known that the whole bullion movement from the

mining districts of California and the other western country

has ciianged since the opening of the Pacific Railroad;pre

vious to that event nearly the whole production was

reported at San Francisco, and was shipped thence by steamer

to New York and other ports, whereas now, a very large

proportion of the gold and silver obtained from the mines

comes direct to New York overland without going to San

Francisco. . As no pieoise record of these numerous shipments

is preserved, it is necessary to make an approximate statement

of them from the best information obtainable, and from the

estimates of those parties connected with the specie mov^meiit, as transporters or receivers, whose opinions upon the

subject are of most value. The overland shipments from

San "Francisco are definitely known ; the total amount from

all points west, during July and August, 1870, were accu-

rately kept for us by the courtesy of the agent of WqIIs,

Fargo & Co.'s Express, at Omaha, and with these facts and

other information a< ti"" receipts by some prominent con-

signees in New York, and from the Express Companies, it

may be assumed that the figures given below show very

nearly the exact extent of the overland movement.

The columns of imports and exports are Custom Housefigures, the only authority on the subject.

Page 8: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

101 THE CHRONICLK [January 28, 1871.

The ooliiinns headed "From all other sources and

hoards," on the one side, and " Returned inland and to

hoards," on the other side, simply represent the result of

the month's movement, showing what has been received on,

or withdrawn from, our market, that cannot be accounted

for by the known receipts, exports, and balances. " Aggre-

gate accessions," " Total supply," and " Total withdrawn"

are merely additions of previous columns.

With these explanations the table is presented to our

readers as the most complete exhibit of the New York

specie movement anywhere published, and with the accom-

panying totals of previous yeare lor comparison, an invalua-

ble record in this department of Finance :

i?fifsiiiiii

f

M.»J 1 a£. .,-. T- -r-

5B!ai

mit^"^'-o'oj'o'o'oi^-^©^ •>*' i-T«* trfeo'

8SSS'gS'555gS3?P

-»'c?r

s

i

t « lo s 5

e

^•- >fi«»oi-t- — *t-^it-5»t-

1 !ill;;l;

ii'i'§i'§i¥§i'i'g'sag K SS S'S S'''?! s

jE-O-vOiHtoipf-t

issiS 5 |i2gWs«YppS£

3* P2•a* oT

o *£ •»

I, I

ft

ft iiiiiiiii

I isiiiiiggiii

?5 5\S h3 = ffooSi-sfe SSSSSdoSSSSoBic

HINNIBAL 4JID ST. JOSEPH RAILROAD.

The affairs of the Hannibal and St. Joseph Railroad Companyare of more than usual interest at the present time, on account ofthe important flnctnations which have lately occurred in the price ofits stock, and from the publication of a paaaphlet by a stockholdercrHicisintt severely the management of the road, followed recentlyby the directors' report containing a history of the operations ofthe Company during the seven years ending with the Slst ofAugust, 1870.

It is not necessary to inquire into the object or purpose withwhich ^mphlets, circulars, or newspaper articles criticising theaf&im of any particular corporation may be published. No doubtIt IS true that In many cases they are issued for the purpose ofaftectmg the price of stocks, either favorably or unfavorably, and

with that purpose the public may have no particular sympathy

;

but so far as these criticisms have the efiFect of drawing attention

to the financial management of railroad, insurance, or other com-

panies we are decidedly in their favor, and the directors themselves

of every well managed company will be glad to have public atten-

tion directed to its affairs, and receive the commendation which

their ability and integrity deserve. The pamphlet referred to wasissued by Mr. John Bailey, who has commenced a suit against the

Company to compel the payment of dividends upon his preferred

stock, share and share alike with the common stock, over andabove the seven per cent per annum which has already been madeon the preferred.

jf?V>«i;—The declaration of dividend was made on the 29th of

June, as follows

:

BOBTON, June 29, 1870. :

At a meeting of the Board of Directors of the Hannibal anc St. Joseph Hail-road Company, held thlB day, on motion of M. N. Thayer, seconded by Wm. H.Neilson.

" Voted, That whereas the earnings of the Road for six months ending July1st, 1870, arc sufllcicnt for the declaration of a dividend, all prior earnings hav-ing been applied to the improvement, maintenance and working of the road.

That there be distributed to the holders of preferred stock of record July3l6t, 1870, 7 percent, upon the amount of said stock, pavable August 15th, 1870,being the amount of preference to which they are entitled for the year 1870, asper the provisions of the indenture of April 1st, 1863 : and that ttiere be paidto the holders of the common stock of record July .3lBt, 1870, a divipend of 3>rpercent., payable August 15th, 1870, for the six tr'nths ending July 1st, 1870":

and that the earnings of the road for the remaining bIt months be first upplitdto pay the further dividend of 'i}i per ccni. on said common stock, and that thebooks be closed from the Ist to the 16th day of August, 1870, inclusive." By order of the Board of Directors,

R. 8. Watbok, Treasurer."

It is objected to the dividend thus declared that it is not in con-

formity with the terms of the indenture or deed of trust creating

the preferred stock, the words of which are as follows :

And said Corporation covenants and agrees that said preferred stock shall beentitled to a dividend of seven per cent, from the net earnings of said road, ineach year, whenever a dividend of said net earnings shall be made, before anydividend shall be declared upon other unpreferred shares of the said Corpora-tion. And to an equal dividend with said other shares, in the net enmings ofsaid Corporation, be/ond said seven per cent,, but shall at no time be entitledto an accumulated dividend (in case a dividend shall fail to be made in any oneor more years, or, if made, be insufficient to pay said seven per cent) in anysubsequent division of said net earnings, but shall be entitled only, in thatevent, to said seven per cent and to share in the surplus earnings as aforesaid ;

and furthur said Corporation covenants and agrees that dividends of said ne»earnings shall be made at least annually, if the profits of the Corporation willpermit, after applying such sums as shall be fotind proper to. maintain the roauand provide for working the same to the best advantage.

A further objection is made that the dividends are not declared

for the fiscal year, whijh has always terminated August Slst, andthat as the preferred stock is first entitled to seren per cent, per

annum, the termination of the year is Important.

A third objection is made that while the dividend, amounting

to $552,489, was declared out of earningsfor the six months ending

Jxdy 1st, 1870, the net earnings for the whole year ending August

31st, 1870, as shown by the annual report were only $268,398.

Seconal—In the second place, Mr. Bailey criticises the manage-

ment of the company's affairs, and charges, substantially, that the

directors have not shown integrity in their official position, but

have really been working the road for the benefit of other con-

necting lines in which they have a greater interest. In support of

this position it is alleged that five directors, constituting a con-

trolling majority of the board, held altogether (as shown by the

stock registers at the election) only 121 shares of stock out of

92,031 shares, the total capital ; that the building of the Kansas

City and Cameron branch and the Quincy and Palmyra railroads

were bad investments for the Hannibal and St. Joseph company ;

that the stock and debts of the latter have been largely and un-

necessarily increased between 1863 and 1870 ; and in short,

that the road has been managed with a deliberate purpos*

on the part of the directors of making it subsidiary to other lines

in which they are more largely interested.

In regard to the power to issue stock, the following law is

quoted from the statutes of Missouri, approved March 4, 1869 :

" An Act to Authobize the Hankibai. ani) St. Joseph Railkoad CompantTO Increase its Capital Stock."

" Section 1. For the purpose of providing a fund to reimburse the stock' '

)r such amounts as may have been or may hereaf tei

the track and roadbed and in equipping the roa<i ofholders of said company, for such amounts as may have been or may hereafterbe expended in improving- the track and roadbed and in equipping the roa<l ofsaid company, over and above the amount of their stock, and also of enablingsaid company to retire its obligations to the State of Missouri and redeem anddeliver to the State the bonds issued on account of said company, and also to

discharge such other liabilities as it may be enabled to pay ; it shall be com-petent and lawful for the Board of Directors of .-aid company, from time to

time, as may be found expedient, to increase the capital stock of said companyto such an amount as in tne aggregate shall be equal to the cost of said roadand equipmenl and improvements : Provided that such increase, together withthe cxlstingstock, shall in no event exceed the cost of said property." Sec 2. The Board of Directors of said company shall have the right to dis-

pose of such increased stock by distributing it 7»o rnta, in proportion to their

stock in said company, among the stockholders of said company—to lie paidfor in money—at such time and in such manner as the board may direct ; or,

may sell the same in the market in such a manner, and at such times, and uponsuch terms as shall by said Board of Directors be deemed best for the interests

of said company."

ANNITAI. RGPORT OF THE COOTPAIWY FOR THESEVEN YEARS ENDING ArOUST 31, 1870.

Pint: In regard to the declaration of dividends which is con-

tested in the courts, it will be observed that the point is simply

Page 9: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

January 28, 1871.] THE CHEONICLB. 106

one of law. On the one tide It It Iniiited that dividend! mait bedeoUred In accordance with the Indentare or trust deed oreattnof

the Btock. The Uiruclura on the other hand refer to a circular

containing a plan of re-ur^rauization, &c., which waa circulated

among stockholders and tii);ned bj a majority of them belore the

indenture waa made, and intimate that the teruiH of this circular

should govern tlie dtH;laratiou of dividends, as the indenture wasintended to contain the samu provisions. Whether the proposals

thus oirculatfil and signnd, or the trust deed Bubse(]uently pxe-

cuted, shall control. Is n tiuostion for the courts to decide. Thereis, however, one curious point to be noticed here, namely, that

both parlii'H claim Ihiit the words in the certifiaites of preferreddock favor their construction. Those words are that thoir hold-

ers shall "receive all the net oarningii of said Company whichmay be divided pursuant to said indentare, in each year, up to $7per share, aud to share in any surplns beyond $7 per share whichmay be divided upon the common stock?"

The meaning hore would seem to turn almost entirely upon the

puncluatiou, aud another case may possibly bp adde<l to those al-

ready recorded in the law books, in which vast interests have hungupon the placing of a comma.

Second: In regard to the general assertions made against the maa-agemeut of the Coni]>auy'8 affairs, a re{iort of operations for sevenyears post is the proper answer to be made by a board of directors

;

and our readers, alter an examination of the figures from the re-

port which follows, will be able to draw their own conclusions asto whether the road baa been well or badly managed.

WMASCIAL COSBITION AUGUST 31, 1863 ASD 1S70.

186.3. 1870. Increaue. Decrease*Number of miles of road JOT iTa «9Commuu Dtock tl.itOO.OOO (4,151,700 $2,l»l,700

Profaned Slock 4,916,700 5,087,284 170,SiMMiBDOuri Sute bonds 3,000,000 3,000,000

Land bonds. 1863 S,4«7,7aO 1,508,700 984,050Mortgage bonds 683,600 5,600 688,000PUinbouda 11,000 11,000Amount not yet exchanged fornewbond» 1,295,500 1,295,500

Convertible not yet exchanged. 314,000 314,000SdMort not yet exchanged.... 193,000 193,000«-year 10 per cent bond" 69,000 69,0008 per cent bonds and notes 3,M3;800 3,043,800 ..

OuincyandPalmvra UK bonds 500,000 500,000Ksn»u C. & Cameron fUl bde 1,200,000 1,200,000

Total llabillUes. (14,701,550 $18,561,0»< (7,235,0»1 |.3.375,550

Net Increase $8,859,474Ad4 receipts from mle of lands applied to the payment of bonds. . 2,622,580

Actual increase in liabilities (6,482,054

No statement is made in the report of the amoimt or conditionof the equipment and rolling stock.

In addition to the cash received from sale of lands as abovestated, there is the amount of f3,478,172 in outstanding contractsfor lands already sold, including interest to maturity, and 125,000acres of land yet unsold, valued at $12 per acre, or $1,500,000altogether.

UABIUTIES, SEPT. 1, 1870.Unpaid charges, freight ac-counts (18,863

t'upaid passenger accounts.

.

7,204Unpaid expenditures 256,933Pay rolls and accounts ft591Bills payable 17,500Expense, W. M. Tildeu 20,000tiuincy KK Bridge Co 23,743

tolls.. 1,377Floating debt 384,139Unpaid dividends (sincechiefly paid) 340,573

ASSKTS ON au«'D gXPT. 1, 1870.

Uncollected revenue (160,tf79

Stock of material and fuel inexcess of (200,000 41,317

Sundry accouuis 47,251County bonds 141,000Central Branch Union Paclflcbonds 41,000

Kansas City bonds 147,500Ml. Joseph City bonds 1,;J00

County coupons 3,480Casb and cash assets 240.067

Total (828,595 Total (1,018,

The operating expenses for the twelve months were as followsTrainBervice (147,1341 Freight cars 128,75Station service 189,325 1 Koad cars 5,74Water tenrice Sl,314

| Oil and waste 34,.35;

Engine service 148,392I.OM and damage, freight .... 1 1.4.'»

Loss and damage, stock 61,610HtadoDery and printing 25,431General expense 90,411Taxes 51,587

|

Foreign agencies 70,289Repaire—Hoads, bridges and fences. 609,871Building 86,168Locomotives 206,734Passenger and baggage cars aS,iB8

learnings, operating expenses,August 31, 1870, were as follows :

Fuel ; . . .

.

152,03'iMail service i,H%.Telegraph 31,0;i,|

Car serrice 42,96),Miscellaneous 79,3<rKansas City Bridge 11,4»*

(2,210,803Expended for equipment andconstruction 861,088

Total expenses (3,071,826

4c., for seven years ending

Foryears Pas-ending sen-Ang. a. gar.

1864..

1888.lass..

1867.1888.1869.

um.

. 618,946

. 801.538

. 969,277

. 699,436

. 826,243

.1,153,632

.i,2ee,£is

Freight.

i,m,5861.175,2901,224,747929,323

1,237,011

1,565,138

1,882,070

Mail audMiscclU-neous.

(96,551169,M2174,98787, .WO120,881122,916

Total.

(1,788,0332,188,8722.359,0121.716,270

2,181.167'2,811,997

ConstructionOperating and Totalexpenses, equipment, expenses

128,194 *S,840,224

(1,155,6591,872,085

2,200,5031,427,998

1.371,661

2,078,1832,240,568

(215,416470,073627,159362,247421,012

1,090,931881,268

(1,371,0752,.342,10e

2,827,6(a

1,790,245

1,792,6633,168.117

3,071,826

6,217,300 9,186,137 880,086 16,865,578 12,346,590 4,018,113 16,8W,70S

* Including Kanraa City Bridge.

The result of the alx>ve figures is as follows

:

Net iLZcees of expensesover earnings.

1864. . .

.

1866....1866....1867....1866...1868....1870...

earning(416,9S

^•m-.:-: (i,n«.i«o

206,186468,66078,970

'826^120

(l,074,tei

CHINGES IN TIIB RBDBBHI!IO AOBNTS OP RiTiaNAL BINUThe fullowinK are the chanties in tlie Ksdetminf; Agents of National

Banks for the wi-ek emiici); Jan. 27, 1871, Tlieas weekly cbanKea arafurnished by. and pubtithsd in acsordaiiee with an arrsageoieot aadawith iliK Oiniptroller of the Oorrnncy.

Ho-.-..l,rl.

Teunesser—Nashville.

«A>i o* auiK. BBDasawa AOBiT.

The First Nat Ba J.

i

(new bank)TheFlratNat.Biini(new bank)

The First NatloualiThe Third NnBank..

. I'iiinal

Mil-wjuik' ', \\ i"

of NawYork, apprc... of tbaFourth National Knuk of New Y ork.

ITeir National Bank*.L'sl of Katioiial Banks organised duriag the week :

Omdal Vo.1.774—The State National Bank of New Orleans, l». Authorized capital,

(500.000; paid In capital, (500,000. Bamnel H. Kennedy, PresMent

;

Charles L. C. Dupny, Casnior. Anthorlr.ed to comraeBca boatasSSJan. 20, 1871.

1,T76—The flallatin National Bank of (hawneetown. Til. Anttaorised eopltal,

f250,000; paid in capital, (250,000. Orval I'ool, President: H. B.owell, Cashier. Anthorlzcn to connnence business Jan. 28, 1871.

1,776—The First National Bank of Osceola, loua. Authorized capital, (60,000

:

paid in capital, (30,000. B. C. Slglrr, President; William Christy,Cashier. Authorized to commence hosinesn Jan. %, 1871.

£atc0t liloitetarp and (Eommercial (Snglial) ^ctDg

BsKllab atarltet Keporta—fer OaMa.The daily c'osing quotations in the markets of Ijnndon and Liver-

pool for the past wee!> have beeu repjrted by submaiiuo telegraph,

as shown in the following suminar^ :

London Money and Stock Harket.—This market closed quiet and

steady, pi ices, with the exception of Erie's, generally showing an ad-

vance.

Sat. Mon. Tnes. Wed. Tho. Frl.Oonsolsfor money 92^ 92^ 92i« 92^ t2u

" foraccount 92H 92K 92K 921i HMU. 8.6s (5 2U's)1862 90H 90K V>K 90^ 90M" • "oldisia «i% «»\ 89% t»Ji SDK•' " •• 1067. 88>a' 88K 88J4 S»% 88J<

U. S. 10-408 S3 SSJj bSX E8X 88XUlliioisCentral shares 110 xd llOJi x d ll(JM<d llOX xd llOX zd ...

Ifalo Hallway shares la isjj isx li% isiAtl. 4 U.W. (consols) 27X itii 27X 27X »7«

The daily closing quotations for U. S. 6's (1862) at Frankfort wert—Frankloit 95X KU ... 96%

Liujipool OoUoti Market.—See special report of cotton.

Oiverpaot Breadsiuft Market.—The market for breadstuffs closed

quiet, prices generally showing an advance.

:3at. Mon. Tnes. Wed. Thn. Frl.s. d. s. d. s. d. B. d. s. d. s. d.

i^lonr, (Western) p. bbl2S 28 280 280 280Wheat(No.2 .Vlll. Rcdip. cll 10 3 10 4 10 4 10 4 10 4

" Ktd Winter 11 1 11 2 11 2 11 2 11 2' (pallfomia white) " 11 10 1-i 13 II 11 1111 '.'.'.

Com(W.mi d)p.4801btn"w 34 6 84 9 35 84 9 34 9Barley (CanunK^n), per bnsb 50 50 50 50 50 *"aat9(Am. £Cun.)per451be 31 31 32 3 2 32Peas. . (Canadian) prSUtlbs 40 6 40 6 44 3 44 3 41 8 ...'.

Liverpool /'rmiiiiom Market.—This market closed quiet, the

prices of beef showing a decline.

Sat. Mon. Tnes. Wed. Thn. Frl.8. d. 8. d. s. d. s. d. s. d. s. d.

BaeRex.pr. mess) p. SOllbsin 6 117 6 117 6 116 6 116 6 ....Pork(Etu. pr.mcssjo.bbl.. 91 91 il 91 91 91 ...Bacon(Cnmb.cnl)p. 1121b9 4J 49 49 49 49Lard (American) " " bO 60 60 60 fiO

Cheese (One) ""730 780 730 ISO 780Liverpool Produce Market.—ThM market remains quiet, the ptieaa

of common ro.^in and spirits of petroleum showing an advance.

itet. Mon. T-nea. Wed. Thn. Fn.s. d. s. d. s. d. s. d. a, d. s. d.

Rosin (com Wllm).p'>.r 112 lbs 66 (6 69 69 69do Fine Pale... " j5 15 15 15 J5

Petroleum (stdwhite).p.S lbs. 16 16 16 16 16" spirits ...p(r8 lbs. li;< l\H 14 1 8)f 1 8W

Tallow (Amoric«ni...pll21bs..43 43 4J 4.1 43

LonJofi Produce aud Oil ifartele.—These markets close quiet, lb*

prices of Oalcutta linseed ani hnseed oil shiwing a decline.

Sat. Mon, Tnes. Wed. Tlia. Frl.Lins'ilc'ke(obl)p.tn..li) 5 £10 5 £10 6 £10 5 £10 6Llnseul (C.tlcuiia) .. 69 3 54 8 59 3 59 8 69 ....8nsar(No.l2Uchstd)per 112 m 35 C 8.', 6 85 6 35 6 85 6

Sperm oil 8.) 00 8000 8O0O80O0 8J00 ...^Nliaientl 36 00 8600 8600 8600 3800Llnsited oll..perton.29 5C 2950 2900 2900 2900

CaVI.UiillKJlAL A^D MISCELLANEOUS NEW^.

Imi'OKts .\nd EIXPORTS FOK THE Wkek.—The imports this weekshow an increase in dry goods, but there is a decrease in genaral

merchandise. The total imports amount to $5,500,S34 this weak,

against $5,640,793 last week, and $3,927,254 the prerioos week.

The exports are $5,134,499 this week, against $4,607,757 last week,

and $4,774,187 the previooa week. The exports of cotton the paat

week were 14,182* bales, against 193S5 bales last week. Thefbllowing are the imports at New York for week ending (for dry

goods) Jan. 30, aud for the week endiog (for general merohandlMj

Jan, SI

:

Page 10: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

i06 THE CHRONICLE. [January 28, 1871.

TOSnsH DfFOBTS AT KEW TOBK TOB THE VEEK.

1868. 18«9. 1870.

Dry goods $1,«81,490 $1,369,336 $1,571,194

General merchandise... 1,S!.'«,M5 4,37U,00-2 %.786,3JM

Total for the week.Previously reported.

.

$2,514,4357,043,554

$5,7.

3,537,513

$4,357,5184,552,895

1871.

$2,045,9483,644,586

$5,590,5345,640,792

Since Jan. 1 $9,557,989 $9,285,851 $8,910,413 $11,231,326

Id our report of the dry goods trade will be found the impona of

dry goods for 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

January 24:

BXPOBTS rROH KIW TORS FOB THE WEEK.

1869.

$3,080,9037,991,016

1870.

$2,696,6068,156,050

1871.

$5,134,49913,509,683

Fortheweek $3,269,323Previoobly reported.... 10,091,381

Since Jan. 1 $13,360,704 $11,071,919 $10,852,856 $18,704,182

The value of exports from this port to dilferent countries (exclu.

give of specie) since January 1, compared with the corresponding

time of last year, is shown in the following table :

ToGreat Britain $11,239,646FranceHolland and BelglamGermanyOther Northern EuropeSpainOther Southern EuropeBast IndiesChina and JapanAustraliaBritish N. A. ColoniesCubaHaytiOther West IndiesMexicoNew OranadaVenezuelaBritish GuianaBrazilOther South American portsAll other ports

ce Jan. 1, Since Jan. I,

1871. 1870.

1,239,646 $5,543,563

1,743,426 458,103

831,882 833,628

1,095,814 974,51356,632 22,399147,104 86,675

418,804 666,785

6,358 8,650

164,873 268,411

192,881 118,012

700,692 679,514

166,678 77,686

603,807 570,195

63,651 172,844

882,682 261.903

26,316 90,264

63,957 70,4%183,858 292,172

891,037 2:*),319

210,735 100,236

The following will show the exports of specie from the port of

New York for the week ending January 21, 1871 :

Jan. 16—Brig Anna, Aux Cayes

American silver... $10,000Jan. 18—St. Nebraska, Liver-

pool

Uexican silver 53,100Gold ore 4,000

Jan. 18—St. Abyssinia Liver-pool-

Gold bars 41,914Silver bars 126,915Mexican silver.... 29,000

Jan. 19—St. Siberia, Llverp'l—Mexican silver.... $308,234

Jan. 20—St. Henry Chauncey,Aepiuwall

American silver. .

.

1,760Jan. 21-St. Alaska, Marseilles-

French gold 2,000Jan. 21—St. City of Paris,

Liverpool-British gold 15,000Silver bars 216,447

Total for the week 807,363Previously reported 977, .'i70

Total since Jan. 1, 1871Same time in1870 $1,316,6811888 1,151,3281868 5,910,931

$1,784,733Same time in1867 1,829,0421866 1,878,4241865 1,970,487

The imports of specie at this port, during the past week havebeen as follows

:

Jan. 17—St. City of Merida,Vera Cruz-

Silver $67,858Gold 8,972

Jan. SO—St. Daclan, Naples-

GoldJan. SO—St. City of Paris, Liv-

erpool

Silver bars 2,904

Total for the week *79 471Previously reported 79" 945

Total since January 1, 1871 $159,416Same time in 1 Same time In1870 $.!7 5,877 1868 $95,0491869 !'.!.'>38tl867 m,mNational Tkbascbt.— T following forms present a summary

of certain weekly transact- .j at the National Treasury and Cus-tom House.

1.—Securities held by the U. 8. Treasurer in trust for Nationalbanks and balance in the Treasury :

Week Forending Circulation.Dec. 24.. 845,874,600Dec. 81.. 346,288,700Jan. 7.. 346.830,000Jan. SI.. 848,367,200

For V. 8.Deposits.16,819,50015,819,50016,819,500

15,719,500

Total.361,694,100362,649,800362,649,500864,086,700

,-Bal. in Treasnry.—

,

Coin. Currency.

Coin cer-tificates,

ontst'd'g.

100,574,511 25,150,026101,82;j,000 26,294,000

27,606,50030,950,000

a.—National bank currency issued (weekly and aggregate) ,„return for bills destroyed and mutilated bills returned (weekly andaggregate) with the amount in circulation at date

:

WeekendingDec, ii 769,300Dec. 81 ^»49,SSOJan. 7 838,240J«n. 21 891,980

^Notes issued for ret'd^ ^Mutilated not burned-, Notes InCurrent week. Aegregate-Cnrrent week. Aggregate. Circulation3.5,T37,095 845,800 ^'J"-*"-' ^'/cmanon.

33,686,615 241,87034,064,855 233,20084,986,115 406,100

4,820,56835,662.4.38

35,295,63836,194,638

304,612,609804.956,849305,209,269306,288,567

TT^'^^""^"°°''currency received from the Currency Bureau bv

y. 8. Treasurer, and distributed weekly ; also the amount des-troyed, and legal trnders distributed

:

J^lt™ PracUonai CorrencT.- , Lee Ten!?«'"& • Received. Distributed. Destroyed. DIstrlb'd:iJS S 678,600 567,011 560,074 6,688 848

^^ "J 1«.600 760,000 447100 1,807,OMjIS; J ^SS '3^897 407,600 '642,484'•"• *' 888.000 704,366 719,100 1,672,974688,000

Treasure Movement la San Franclseo.—The following ac-

count of the receipts and shipments ot coiu and bullion at SanFrancises in the year 1870 is from the annual statement of TheCommercial Herald and Market Review :

RECEIPTS OF TREASUKK.

The following table comprises the receipts of Treasure in this

city, through Wells Fargo & Co.'s Express, during the year 1870FBOH THE NORTHEBK AND SOUTHERN MINES.

1870 Silver Bullion.

Total 1870 $14,152,984

do. 1869 notsep'td.

do. 1868 notsep'td.do. 1867 not sep'td.

Gold Dust. Coin. Totals.$17,762,131 $6,487,087 $38,402,152not sep'td. Il,5r2,594 44,045,445not sep'td. 6,620,897 45,932,940not sep'td. 4,812,787 46,404,770

FROM THE NORTHERN COAST.

1870 Silver Bullion. Gold Dust. Coin. Totals.Total 1870 $3,380,566 $532,901 $8,913,467do. 1869 notsep'td. notsep'td. 300,397 3,958;458do. 1868 notsep'td. notsep'td. 728,851 2,936,986do. 1867 notsep'td. notsep'td. 1,896,439 3,801,489

FROM THE SOUTHERN COAST.

1870. Silver Bullion. Gold Dust. Coin. Totals.Totall870 $399,888 $844,548 $1,244,436

do. 1869 -. notsep'td. notsep'td. 227,000 2,282,571do. 1868 notsep'td. notsep'td. 557,050 2,304,060do. 1867 notsep'td. notsep'td. 1,096,440 2,391,341

The receipts of Treasure from all sources, through regular pub-lic channels, during the past twelve months, as compared with thesame period in 18(iU, have been as follows :

1869. 1870.From Northern and Southern Mines $44,045,445 $38,402, 152Coastwise North and South 5,241,029 4,472,594Imports, Foreign 6,023,677 5,466,883

Totals $55,310,151

EXPORTS.$48,341,629

The following table shows the value and destination of Trea-sure shipments froiu this Port during the past sixteen years, from1865 to 1870, inclusive:

EasternYears. Ports.

1855 $38,730,5641886 39,895,2911857 35,531.7781858 35,891,2361859 40,146,4371860 35,719,2961861 32,628,0111862 26,194,0351863 10,389,3301864 18,316,1221866 20,583,3901866 29,^44,8911867 23,855,9031868 21,468,8001869 12,459,8131870 13,443,295

England.$5,182,1568,666,2899,347,7439,265,7393,910,9302,672,9364,061,77912,980,14028,467,25634.436,42;^

15,432,6396,532,2088,81;, 184

8,312,97911,841,812

9,790,631

China.$889,6751,308,8522.993,2641,916,0073,100,7503,374,680.3,541,279

2,660,7544,206,3707,888,9 ?3

6,963,5226,527,2879,031,5046,193,9956,487,4455.496,856

Panama.$231,207253,268410,929299,265279,949

300,819349,769434,508

2,603,296378.795

1,221,845511,5503Ti,552640,000658,182255,497

OtherPorts.$128,129573,732692.9:8175,779202,390258,18595,920

322,324805,667686,888

1,103,8321,548,4578,07.5.149

1,828,6216,839,8653.996,861

Totals.$45,161,73150,697,43448,976,69247,548,02647,640,46242,325;91640,676,75842,561,76146,071,92056,707,20145,308,22744,364,39341,676,7'22

35,444,39537,287,11732,983,140

Totals.. $428,9'l8,195 *173,il2.84l $72,581,219 $9,104,431 $21,034,776 $705,431,896

It will be seen tliat our Treasure^exports to eastern ports were$983,483 more than in 1861), while those to England decreased*2,051,181 ; also to China and Panama, |1,893,274 ; to other ports,

$1,843,004.Comparative description of our exports of Treasure for 1870 and

1869:1870.

Gold bars $8,.S45,549Sliver bars 11,968,477Gold coin 9,131,923Mexican dollars 8,492,606Gold dust 30,801Legal tender 13,284Silver coin 500

1869.

$1.1575,'2.39

11,599,7588,091,6443,697,098

38,2.37

224,22164,000

Totals $32,983,140

MINT STATISTICS.

The coinage at the Branch Mint in this city for thecompared with that in 1867, 1868 and 1869 as follows :

1867. 1868. 1869,

January $124,000 $97,000 $467,000February 1,022,000 640,000 185,000March 978,5.35 576,000 743,000April 1,895.000 710,000 1,679.000May 2,605.000 714.000 985,000June 1,420,000 922.000 1,348,000July 1,152,000 2,355,000 1,040,000Angnst 2,380.000 1.465,0:X) 689,500September 1,989,000 8.455.000 2,550.000October 2,361,000 2.415.900 1,069,300November 8,2B0,(KX) 2.595,000 1,648,000December 1,'284,000 2,442,000 1,459,780

$37,887,117

year 1870

1870.

$1,660,000986,000

2,1.55,000

1,330,0003,083,0002,106,000120,000

8,870,0002,030,0001,875,0001,965,0001,676,000

Totals $19,870,838 $17,365,000 $14,363,550 $20,355,000

The amount of coin turned out by the branch mint in this city

during the year 1'870 has never been exceeded but twice, viz : in

18.55 and 1856. In tlie former of these years the coinage amountedto 121,121,752, and in 1856 to $38,516,147. The coinage for 1870is $5,991,4.50 in excess of that for 186t». When the new building,now in process of erection, shall have been finished, greatlyenlarged and needed facilities will be available, and the work canbe prosecuted with lar more dispatch, regularity and less waste.The entire coinage of our branch mint since its organization in

1854 has been $291,877,163.

Erie Kallway._The annual report of the Erie Railway Com-pany for ihe year ending Sept. 30, 1870, has been made to theState Engineer at Albany. The following are the characteristicsof the report

:

Lengthof the road—Jersey City to Dunkirk ..f.-.u-.ii.miles.. 4S9Length of road laid ...v...... 489Length of doble track, including sidings 889XLengthof branohes owned by the Company laid 864JfLengthof double track on same • 60Heifrhtof rail per yard on main track. .. : 64 to 70 lbsNuml)erof engine-houses and shops 40Number of engine* ,.,„ 440

Page 11: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

January 23, 1871. TtiE CHEONICLB lot

Namtxr of Int-dmu pa*Mat«r on, r*t«d u el|lit-wha«l canNumber of aocond-cl*H and •mlgnnt ptntagv can, nicd m elfht

whAL'l car*Numbsr of baiuc'tC- >>*" ""l »xptm cwa, rat«d « slgbt-wbMl can.Nnmb«r of frelgbl cmn, ral«d u cl){bt-wbs«l can

lUTt or rAiis roB rAiasiiuiia.

Flnt-«laM throagh paumgando. waypaaaengcn

Kmtgnnt throagb paianDgando. way paaaracan

TBI ixnma or UAorrAtKaa tbi iioad.

Bapalrof road badandnllway, excepting coitof tnm.Cost of IroD aaed Id repaln

,

Repaln of bulldlngiRepair* of fencea aiid ipiteaTaxeeon real oaMte, ,,

54

1,840

I.OB cent*I.7S do.l.n do1.4T do.

•1,«78,94T1,141,480M7,14044,8ni88,7!S

Total 18,689,693

Of the above total 1996,317 were allotted to paasenger traaspor-tation, and $3,698,470 18 to freight transportation.

. __ cxraxaaa o» aarAiB* or MjicaixiRT.

Total...: $1,801,691

Of the above, $700,084 87 were allotted to passenger tr&nspcata-jj^jjv. tinJ $1,901,666 18 to freight transportation.

xpxxaas or opuuTiKa mx road.

AgeutL»lK>r

omce expo!'^,::• geut. ami n. ^ ^dinliading ftil^ht:

Hlchtendera.-loadliiKWatchmea anS Sh -oo attendance.Wood and water aiai. l brakemen.

t»4S,98)1,056,701681,575«)7,87a89,944

966,049Condticton, baggage an. SS'XSEngiocmen and flrenieu . .

. "^Wafor nae rS-???Fuel, cost and labor of prcpa. fnjarsOH and wantc for englneB and t>^

""""•

OU and waste lor freight carsOil and waate for paaaenger carsLoss and damage of goode ^Damage for injoriea of peraons "

Damage to property .*Oenenl aupennteudenceConHngenciea

9»'i,896

146,7«7S7,«lS,26S

164,189

8«,97S9,«63

167,380187,794

Total. $8,781,626

Of the above, $1,609,286 89 were allotted to passsenger trans-

portation, and $4,172,339 31 to freight trausportaiVO"-

: $3,968,899Jl,988,574

£27,014

9TATUIXHT Or THI XABmNSS rOB TBI TIAB.From paadeugcr traineFrom freight trainsFrom other aonrcea

Total $16,im461

The above is without reference to the amoont actually collected.

RSCXIFTS rOB THE TEAR.

From paasengers $3,From ireighlB 1*.

From other sonrcea—Storage.TelegnpbBaot*HallsPavonla FerryHire of carsOperating sundry lailioada..

166,877338,027

6,77835,95175,953107,80585,6356,749

806,783

Total $16,179,461

PATXXITTS IVB THI TBAS OTBIB TRAS FOB OOKSTBUCTION.

Transportation expenses $18,073,010Hndaon River Fernr 235,95*Oiierstlng telegraph 110,090liit.r.'st on funded debt 1,M6.B23Hent^ 1,069,361lutrmal Revcnae tax.luleroslOperating Twenty-third street FerryOperating sundry branchesHire of caraSundrienOperating Atlantic and Oreat Western Railway.

83,414364,01833,933

360,36018,578

388,673886,470

Total expenses $16,471,483

COST or BOAD AND mnvjrwon.For grading and masonry $3,437,315Telegraph 12,666Saperstructure, including iron 3,406.046Passenger and freight Btations, buildings and llxturee 1,342,799Engine and car houses, machine shops, machinery and flxtorea 1,827,613Laud, land damages and fences 612,104Locomollven ana fixtures, and snow plows 8,518,095i'li^M iiL" r find baggage cars 914,033i MthircarB 4,008,468I Twi'nty-ihird street ferries 583,648K

. ,; :.iid agencies 66,448,906

For account of transportatioB sspsniM 33B gMFor account of general txpsnata tn|lH

Total operating$1.1

Total $TS,iMS,587

STOCKS AMD DSSTS Or COKPAXT.Stock subscribed $88,686,910Paid in, as by last report 78,866,910Paid in of capital stock 88,636,910Funded debt 13,896,800Total amount 88,898,800Funded and floating debt 13,398,800Rate, per annum, of interest on debt 7 per cent.

Cleveland and PIUabnrK.-At the annual meeting of thisCompan/, held at Cleveland, Ohio, on the 4th inst., the followingdirectors were elected ; J. N. McCollough, Wellsville ; G. W. Cass,Pittsburp : J. H. Devereux, R. F. Smith, Cleveland ; Jay Gould,James Fisk, Jr., William M. Tweed, Peter B. Sweeney, L. D. Ruck-er, Ilugli Smith, Henry Harley, Xew York ; Thomas A. Scott,Philadelphia.The gross receipts from the traffic of the road for year ending

Nov. 80, 1870, have been—From transportation of freight $1,948,606From transportation of passengen 618,144From transportation of mails, express, tie 100,114

Total gross earnings $1,678,474

The operating expenses have been

Foraccoont motive power and can $00,719For account i maintenance of way and stractores... 881,811

Balance net earnings $l,ltr,lMA comparison of theM resalu with those of the previous year

gives the following

:

Increase in gross earnings gm

m

Increase of operating expenses,

'.'. lii\tU

Increase In net earnings

The net income for the year is stated as foIlowHNet earnings as above tl 137 143Snrpla* received from P. F. W. A C. Railway, account joint '

earnings (subject to fntnre revision as per contract) 71,091

Total

Deduct from this

:

Mortgage, interest, &c ,. BsmaiaLease of track P. I>. W. 4 C. Railway . .. ..?ff-!M"""^'O0OSinking ftud, net cost mortgage bonds, 1,900 rstirad W,'6te

Total

Surplus

fl«).IM

•i,m,w

417,819

.$rm,T4Four dividends of 8^ per cent each have bsen paid dnrlnff th

ye«r, $754,323.There ronialnH an unappropriated surplns, the credit of net

earnings at the close of the fiscal year, of $221,925 19, as shownby the balance sheet hereinafter given, being a a rplus of say$30,000 over the amount required to meet the next regular quar-terly dividend.

The issue of capital stock, as shown in the foregoing vl«$240,7.50, are accounted for as follows

:

» b. •.

For conversion 8d mortgage bonds ejgg ggg3d 99,600For exchange of fractional scrip, Ac '.'....'.'.'..'.'..'.'.'.'.'.'.. 1750

Toul Issues pm/isaA further reduction of indebtedness under the second and third

mortgages has been made by conversion of bonds into capitalstack, amounting in the aggregate to $238,000, as seen above.Changes in tlie outstanding issues of bonds under the consoli-

dated and sinking fundmoitgage of 1,900, have taken place duringthe year as follows :

Bonds sold ajgg gggRetired in sinking fund 1b|000

Increase daring the year $134,000

The total number of bonds executed under this mortgage re-mains the same as stated in the last annual report.The following recapitulation illustrates the entire operations in

these securities to the close of the year :

Total executed—1,350 bonds $1 360 000Bonds outstanding $(Q8,()06

'

Bonds retired in sinking fund and cancelled 87,000Bonds In hands of Farmers' Loan A Trust Co., Trustees. . 735 000

$1,860,000

The annual report says : In view of this past and prospectiveincrease of tonnage with which the equipment is already over-taxed, and the docks at Cleveland overcrowded, your directors haveauthorized the construction or purchase n{ five hundred Gondolacars in addition to the present equipment, and the building of1,400 feet additional dock at Cleveland. To meet the expense ofthese improvements, authority has been given to dispose of fivehundred consolidated and sinking fund bonds at a limited figure.The financial condition of the Company at the close of the year

is set forth in the following

BALAmm SHEET.

JDtbU.

Construction $8,861,688Equipment 1,184,488Machinery and tool* 84,788Personal property 40,083Telegraph Hue 16,918

Total construction and equipment

AimU.A* per foregoing statement, net amount

Total debt.

OeiNt.Capital itock $7,481116Scrip isssue* 11,368

Total capital stockSecond mortgage bonds $790,500Third mortgaKC bonds 1,86&000Fourth mortgage )x>nds 1,086,000Scrip issues ft B4jMortgage bonds of 1900 8(8,000

Total funded debtBills payable „Net earning* .„, ;

$11,178,837

330,019

$11,498,887

r,494.688

-, 8,781,848^ 1,000

..,.,.....; in,Ms

Total credit "...! $ll,4t8,80rr

NBir LOANS OFFERED II* nWCVT YORK.The foUowint; statement abow* the character, term* and dreom-

stances of every lo»n now off-red in tba New York market

:

State or Arkanau Roods.-Seven per f^nt. hoods, widorssd hythe Memphis & Little Kock Railroad C'Otopaoy. Tb« Stita of Ar-liaosas issues its bond* in aid ol Railroads—ten Ibousand dollara permde, for the payment thereof a special tax ia eolleeled aonually fir in-

tereat and sinkiog fund. The Hemphi* and Little Roek Railroad 188miles long, is completed and in running order 120 n.ile*. Tbc un-finished section completed in December For sale at 7o and aeemedintarest, by Swrnwn, Perkins A Co., $0 Beaver street. For fiulbM'particalara *•« advertiaemeol.

Page 12: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

108 THE CHRONICLE. [January 28, 1871.j

But T«i»ne»»oe, TlTElnla and deorsta KaUroaa.-Tlii8 is

a firat mortgage sev^n per cent, bqnd, leileemable in 1800. Jbe i""

tere«t U payable Jan. 1 and July 1, in New York. The East Tennes-

tee Virginia and Georgia Railrcad is 210 milee bug ;it conaiacncea at

Bristol on the boundary of Virginia, and runs to ChJitanooga, with a

branch from Cleveland to Dalt^n, Georgia, thirty miles long. The

mortgage i« fir $3,600,000, being only $18,000 a mil,., and h<« been

created for the sole purpose of paying off the debt due to the State of

Tenneaeee, amouatiig to $4,117,761 10. The proceede of $2,600,000

of the bonds, together with the money the Company had on band, will

have paid the entire State debt, amounting to $4,117,761 10, and leave

the Company without any floating liability, its debt diminiehed by

$617 761 10, and with one million of bonds on hand. B. T. Wilson,

Eeq is the President of the Company. I hese bonds are for sale by

the Gallatin National Bank, 36 Wall street, Ne« York, at 90 and inter-

est. For iither details see advertisement.

EUzabetbtown and Padncato Railroad of Kentucky.-

First mori«ute eight per cent bonds, to the amount of *»,000,ui'l.,

upon 186 miles of railroad from Eliiabethtown to Paducah, Kentucky.

Subscriptions to capital stock by cities, counties and indmdnals in

bonds and cash amount to $8,096,OiO. Bonds are for $1,000. Coupon

or registered, convertible for seven years; interest eight per cent, pay-

able March 1 and September 1 in New York. Principal due in 1890.

President, W. H. Dulaney; Secretary, A. A. Goidon, of Louisville.

Loan offered at 87i by Norton, Slaughter <fe Co., No. 41 Broad street;

Wm. Alexander Smith <b Co., No. 40 Wall street; Hallgarten & Co.,

No. 28 Broad street, for further particulars see advertisement.

NaahTlUe and Decatur Railroad.—A mortgage for $2,1 Oi",-

ICO, or $17,600 per mile on an oil and completed road. The mort-

gage is created for the purpose of paying a debt duo to the State of

Tennessee on terms which will reduce the liability of the road about

$ROi',OuO. Messrs. Drcxel, Winthrop 4 Co., 18 Wall street, are the I

Financial Agena. For other pprticniats see advertisement.

New York and OaweKO midland Railroad.—a first mortgage

limited to $2i',0(iO per mile on 845 miles of railroad between NewYork Oily and Oswego, forming with its connecting line in New Jersey,

the Mcnulair RailroaJ a through route between the cities above

named of 4l0 miles. The road traverses the interior conntles of Os-

wego, Oneida, Madison, Cayuga, Onondaga, Cortland, Chenango, Otsego,

Delaware, Sullivan, Ul ter and Orange, in the Slate of New York,

from which a large local business is expected . The citizens of the

Midland com tits have made subscriptions to its capital stock to the

amouut of about six and a half millions dollars The larger share

of these eubscriptions have been made by towns and cities in their

corporate capacity, and for which they paid in town and city bonds

bearing sever per cent, interest. These bonds are made by law exempt

from local anu municipal taxation, when held in any county through

which the road passes, the Company have sold them at par and interest

whenever they had occasion to use the proceeds, thus rendering tlie

subscriptions for which they were given in payment equivalent to cash.

The Company, therefore, commenced its undertaking with a paid up

capital of about $6 500,000 ; 225 miles of road are now completed.

The bonds are $100, $500 and $1,000, coupon or registered, bear 7 per

cent, gold interest payable January and July in New York free of

government tax, and run till 1894. Price, par. Messrs. Geo. Opdyke

4 Co , Financial Agents, 25 Nassau street. For further particulars

see advertisement on another page.

Western nlaryland RaUroad Company.—An issue of $1,-

200,000 six per cent endorsed by the City of Baltimore. The bonds

have 80 years to run, coupons payable, and as an additional security

the city has provide 1 a Sinking Fund of $200,000 f -r the liquidation of

thii debt at maturity. Price h7J and accrued interest. The Ameri-can Exchange B.mk, New York, Financial Agents. For further par-

ticulars Bee advertisement.

°

BcbUnotom, Okoak Rafios ano Minnesota Railway Cokfant.—This i9 a first mortgage of $6,600,000 upon 880 miles of railroad, be-

tween Burlington on the Miseiesippi River and Mankato in the State of

Minnesota, ut the rate of $20,00u to the mile, the mortgage covering

alio the Depot grounds, rolling stock, equipment and fraacliises of the

Company. The road in arranged in three divisions—the first extend-

ing from Burlington to Cedar Rapid'), a distance of 100 miles ; the

second, Irom Cedar Rapids to the State line, being 170 miles, and the

third from the State line to Mankato, 60 iniles. This road will there-

Sore form, with the Minuesota ViLey Road, and the Rockford, RookIsland and St. Lonis Road, a direct and nearly straight line from St.

Paul to St. Louis, a total distance of about 680 miles. The con-

tract* for building are at the price of $16,000 per mile in bonds and$16,000 in slock ; the Company reserves $5,000 per mile in bonds and$(,000 in stock for rolling stock, equipment, shops, station houses, &c.

TIk- oiortgage is made to J. Edgar Thomson of Philadelphia anaSaarles L. Frost bf New York. The bonds run fifty years from 1869

;

art payable in gold coin—are convertible at any time into the Capi-tal Stock of thv Company—aud have the benefit of a sinking fund.

They bear intereit at the i.ite of seven per cent., payable on the first

of May and November, in gold coin, free from Government tax, at

th* Aijeney of (be Company, in New York, or in London. The bundsare offered by Messrs. Henry Clews & Co., 82 Wall street, at the price

of 90.

Chuafkake AMD Ohio Baileuad.—A first mortgage of $16,r 00,000on a trunk line of railroad between the Atlanti; coast in Virginiaand the navigable waters of the Ohio River. The road is com-pleted and in operation from Richmond to the celebrated White Sul-phur Springs of West Virginia, 227 miles, end there remain but 200miles (now partially constructed) to be completed, to carry it to theproposed terminus on the Ohio River, at, or near, the mouth of the BigSandy River, 160 miles above Cincinnati and 860 miles below Pitts-

burg. A large number of laborers are employed and the work is ex-pected to be completed by July, 1872. The bonds are coupon or«a<cialered, in denominations of $100, $600 and $1,000, interest paya- I

•hi jMuiarr aad July in K«« York mi hM« SO f«w« to tm. Ftm ' »treet, New York

90 and interest. Messrs. Fisk A, Hatch are the Financial Agents, No. 5

Nassau street.

The Ckntbal Railboad or Iowa.—Mortgage of $3,280,^00 upon a

railroad 206 miles lu length. I'he mortgage is made to the Farmers'

Loan and Trust Company of New York. The bonds are for the

respective amounts of $500 and $1,000 each. They bear seven per

cent, interest, payable on the 16th of January and July in NewYork, have thirty years to run, and boh principil and interest are

payable in gold. The bonds have semi-annual coupons attached,

Messrs. Jay Cooke A. Co., New York, Philadelphia and Washington,

are the Bankers nnd Financial Agents.

EvANSTiLLB, Terek Hadte AND Cbioago Railboad.—A first mort-

gage of $776,000 on 66 miles of railroad, extending from Terre Hau'enortherly to Danville, Illinois, forming part of a through route from

Chioago to Terre Haute, Evausville, Nashville, and the South. Thirty-

one miles are now in use for business. The local tub8ori|itii>ns to the

capital stock of the Company are $460,0(0, payable in cash at par.

Of this $300,000 has been paid in. The road is being built byChauncey Rose, Esq., of Terre Haute, and his associates, who are the

chief suijscribers to the capital slock. The bonds are of $1,000, bear

seven per cent in gold, payable May and November in New York, andrun thirty years. They are offered at 90 by Messrs. Winslow, Lanier

& Co., No. 27 Pine street. New York, the financial agents of the

Company.Lake Shoek and Michigan Sooihbbn Railboad.—Consolidated

mortgage sinking fond bonds, roveiing the whole line of road from

Buffalo to Chicago. The purpose of the Company is to retire its

present funded debt upon maturity into these bonds, leaving themeventually the only mortgage upon its valt^able property. Thesebonds, payable July 1, 19(j0, are in two cla-ses, viz: seven per cent

coupon bonds of $1,000 each, interest in January and Julv; and regis-

tered bonils, interest payable quarterly, in January, April, July andOctober, both being payable at the Union Trust C 'mp ny of NewYork. Price 97i and accrued •nterest. Messta. Robinson, Chase iCo., No. 18 Broid street, financial agents.

LonisTiLLE AND Nashville Railbc^d—Consolidated seven per cent,

bonds, interest payable April and October in New York. To ob-

tain the funds for purchasing new lines,, and to retire the present in-

debtedness of $1,747,000 at maturity, the Company has executed

a mortgage to secure the payment of its bonds for $8,"00,000. These

bonds aru for $1,000 each, payable 1898, and bear seven per cent, in-

terest, and may be registered. Price 90 an I accrue<l interest. Messis.

J. B. Alexander lb Co., 19 Nassau street, and Meesre. John J. Cisco &Son, 69 Wall street, Financial Ai;eDte.

Memphis Gitt Bonds.—An issue of $600,0i 0, thirty years gold

bonds of the City tf Memphis, known as "funding bonds of 1870," for

the purpose of funding a like amount of the due di bt of the city, in

exchange at par. Interest at six per cent, payable in gold, in NewYork, oj the first of May and November. P. M. Meyers & Co., No.

24 Pine street. New York, and Messis. McKiui di Co., Baltimore, Md.,are the financial agents.

MoNrcLAiB Rahwat.—A first mortgage, at the rate of $80,000 per

mile on 40 miles of read between Jersey (jity and Greenwood Lake.

This road is a continuation of the New York and Oswego Mitiland andmakes wilh that the through rente from New York to Oswego. Theroad is leased by the New York and Oawe-^o Midland Co., and the

bonds also guaranteed by that Co. The bonds are coupon and bear

7 per cent., gjld interest, p lyable sem'-annually. Price par. Messrs.

Leonard, Sheldon lii Foster, 10 Wall street, Financial Agents.

MoNTiOKLLO and Pobt Jebvis Railwat.—A first mortgage of $500000 on 25 miles of road from Port Jervis on the Erie railway to Jlooti-

cello, Sullivan Co., New York. The capital stock paid up is $500,000.

The bonds run 20 yeai's and bear 7 per cent,, in gold, conijons being

payable quarterly in New York. Price 87 an i accrued interest.

Messrs. Davidson A Jones, 69 4 61 Wall street, Fioaucial Agents.

Northern Pacific Railroad.—New 7.80 gold loan, secured by

first mortgage on railroad and land grant. The road when completed

will extend from Lahe Superior to Pugei'fi Sound. The road is nowbuilding from Lake Superior, across Minnesota, to the Red River of the

North, 233 miles. The land consists of alternate sec iou.-i reachin:; 20 to 40

miles on each side ot the track, and extending from Wisconsin through

portions of Minnesota, Dakota, Montana, Id dio, Oregon and Washi-igton

to Pugel's Sound. By the terms of the mortgage the 7.80 boiuls of the

Company are receivable at par and accrued interest in payment

for the Company's lands at their lowest graded prices; and in

all cash purchases of land from the railroad 10 per cent dif-

count will be made from the purchase price whenever the Com-pany's fiitst mortgat-e bonds are offered in payment. The re{>i-teied

bonds can be exchanged at any lime fur coupons, the coupons for regis-

tered, an I both these can be exchanged for others, payable, principal

and interest, at the London and American banking houses of Jay Cooke

di Co., or at any of the principal financial centres of Europe. 1 hey are

free of United States tax, and are issued of the following denoiuiuations:

Coupons, $100, $500, and $1,000; registered, $100, *6U0. $1,000,

$6,000 and $10,000. Both principal and interest are payable in gold

at the office of Jay Cooke & Co., New York City—the principal at the

end of 8'J years and the interest, at the rate of seven and three-tenths

per cent per arnum, half yearly, first of January and July.' Price,

par. Messrs. Jay Cooke ife Co. are the fiscal agents. New York, Phila-

delphia, Penn., and Washington, D. C.

New Haten, Middletown and Willimantio RsitaoAD.— A first

mortgage upon 62 mdes of road \ ctween New Haven and Middletown,

Conn.

The bonds are $600 and $1,000 each ; have twenty years to run ;

bear interest at the rate o^ seven per cent, free of all taxes, with

coupons payable in New York on the first of May and first of Novem-ber, and inay be registered at the option of the holders.

Price par, Messrs. Hat^ <& Foote Financial Agents, No. 12 Wall

Page 13: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

January 28, 1871.J THK CHRONICLE. 109

Bt. JonPB AND DlNTEI CiTT Raii«oa».— Ao lint of 11,600,000

first innrlKairo alKht per e«nt. koI<I hooda on * RnilrnaH, commrncing at

St. J<«i>pli, Mo., An<l vxtitiiilini; noKt ti> Mnry»ville, KiiDiaa, a ili iioee

of 1 1 1 riiilcH. Thin ri>i(l i» entirolr completed and open to lh« pablie

and the ii'nit age H nt tlin rate of *l«,600 per mile. IlieCnmpany

p Rsi'^icx ibo rrniioliiaHl an I tufbl of way from MaryBvilla to llie City

of Fi>rt Kenrnev, crantvd by tb« Uuite 1 Olatet and the States of K«n-iM and Nebraska, togiither with a ^;rant cf lanl within tweny niilea

on earh «idu of the road. 'ITie Company have commenced the con-

•troctioM of thin line of Kiilwny, and the vliole i» under contract.

The hnnla nro |S00and >l,OOU—aod run till 1899— iotereal bciuK paya-

ble Ki'h, 16 and Aug. 16 at Ni'W York, London an i Ktankfurt.

Piicu, y7t. Mejara. W. P. Converse A Co., 64 Pine ftrecl, andMessrs. Turiner A Co., 1 1 Wall street, Financial Agents.

Ht. Louis and SoirrBiASTKKN Railroad.— A first mortcat^e nf

li,260,000, or flfi.OOO pjr mile, on 1,<!9 miles of road batwfen .St.

Lnti>'< and Shawncrtown. on tli8 Obi» hiver, connectmir there with a

line to Madiaonvillp, The road is 800 miles in length, inclading the

EvanB«illi> division, all under c<inslructiun. Ninety-cue miles are com-plel<>d and pquippe I. The bon is are convertible pinking fund, run

till 1S94, are piivahle in i;n1d, and be >r sevnu per c*nt interest, pay-

able in New York, on the firat of May anl N^ember, free from0< vernmeut lax. Mesari'. Ctco. Opdyka A Co., Fiaaocial Ageuta, 26

Nassau street.

Suirra akd North Alabaha Railroad.—A first mortgage of |2'2,OCO

per mile on a railroad between Montgomery, Ala., and Decatur, Ala.,

on the Tennessee River, 18S iniles lonif. The b'lnls are endniee<l_

by the Slate of Alabama, which has n first lien upon tba road ua re-

cuiily. They bear eight per cent., gold interest, payable in New Yorkin Jiinuiiry and July, uud m.iture in 18yO. Pi ice 96. V. K. Stevto-son its jn, N'e. II Pine street, fiuaucial agents.

West Wisoossih Railway.—A ilrst m'lrtgsg-? of f 1,000,"OO on 164miles of r.iilroad. of which 120 a e built, noHliwesterly from the Mil.

^vaul<pe and St. Paul Katlioad. Ttie mortgage covers road, <tc., an i

I.OOD.'iuo acres of land granted by QovernmenL Bonds are coupuns of

$60 J »nd (1,0U0. Land grant, t-iuking fun I, beai snvrn per cent geld,

payalle Janunry and July in New York, and mature in 1S86. Piicf9') and accrue I interest. Messrs. Owynoe, Johnson A D.iy, No. 16Wall street, and Whit', Morris A Co., No. 29 Wall street, New York,bankers and financial agents for the Company.

Tbe Financea ofKeutnckr—The following in regard to

the finances of the State of Kentucky is taken from the Governor'smessatro recently submitted :

" During the fiscal year ending the10th of October, 1870, the Commissioners of the Sinking Fundhave redeemed and cancelled bonds of the Commonwealth amount-ing to $234,465. The entire State debt, exclusive of tbe schoolbonds, amounted upon the 10th of October, 1870, to |1,434,394.That portion of the debt not due is represented by the followingbonds

:

BondH inatiirinK In 1871 $840,000 00Boiiil« ninliirijifr in lffI8 230 000 00li' • ni: In 1873 ^ 819,000 00B 'L'ln lB74.......A..v;i;.-;.^.;>3..)iiii.-wj,'j.A..,-... 186,000 00Bj! ii-inlSTS . 20,000 00Bondf luuturiog In 187S 2.000 00Military bond», bearing 6 per cent interest, dne In 1896 ."ioo.rjon 00

Total $1,425,394 00" Onr Slaking Fund resources to meet this indebtedness are

:

Balance in the Treasurv. the 10th of Octolier, 1870 $403,805 31Add iimonnt bplonjrinK to the Siukinc Fund, but not tranpferred .

.

32,558 81Add ;M)ii'ii.i luHned by Sinking Fund to Kentucky River Naviga-

!> '....,ii.tt^^>ni.u.. ,10.000 00,\ < Bank of Kentucky Ptock at par 778.890 00A - Bank of Lonlffvlllc stodk at par 40,00000A - of preferred stock of Louiuville, Cincinnati and

' 'lilroad 48^000 00.^ » Slock of Lexington and Frankfort Railroad, esti-

ent* 103.900 00A l.onlKA'illc and Frankfort Railroad 74,619 50.\ ii>;id >Unk h<A(\ liy Stale in viiri<inp turnpikes in

- HI eopt value.. 254,4.33 96A

1 1 ad under sev-1 lit proper 815,159 98

A9 Wl 3fV7 ilA

Prom whiefa amoiwt deduct State debt outstanding the 10th of ' '

October, 1870 : ;....... ;..... l,434.9»ti 00

Total $2,,'j.1!),2<(7 46Leaves an excess of re8<»nrceB of Stoking Fmid over State debt of. $1,114,003 40

"I have not included in this estimate the balance still due bythe Government of the United States on advances made by Ken-tucky during the war, which, by the report of the (juartermasterGeneral, is stated at 11,193,761 86. The revenue from all sourcesamouatt-d to !*924,662 ; add to which balance in Treasury Oct. 10,1869, makes a total ot cash resources of $996,750, or $85,888 less'

than the expenditures. This deficit was caused by extraordinaryapproi)riation8 made by the Legislature, for which no proviaonwas made at the time, and which, to the amount of $173,24;j 66,had been paid out of the revenue proper."

—We invite attention to the advertisement in another columnof the EHixabeth and Padticah Railroad first mortgage convertibleeight per cent bonds. This road connects by rail the importantdtiea of Louisville aud Paducah ; 57 miles are completed and insuccessful operation. The Company have 4,000 tons of iron onhand, enough to complete the Eastern division to Greenville, adistance of 98 mllee. Work on the Western Division is rapidlyprogressing, and the Company confidently expect to have nearlVthe entire road to Paducah finished during the present year. Thecapital stock of the Company amounts to $.1,0!)«.000, of which$820,000 are individual cash subacriptions, and $2,775,000 city andcounty twenty years seven per cent bonds. Of this latter amountthe Company have sold for cash the $1,000,000 bonds subscribedby the City of Louisville, netting over $920,000. Over $1,000,000of the county bonds have been aold and used with contractors at

good prleee. Under the Oonatttvtion of Kentucky the LeglaIs prohibited from granting State aid to any work of Int

Improvement ; and It Is owing to this fact that the State flnaneee

are In such healthy condition, as shown by the following extraet

from the Governor's Measage of the 5tb of January, 1871 :" It

will be seen that the bonded debt of the State on tbe 10th Ot

October, 1870, amounted to only $1,420,894. The amooBt of hetsinking fund waa $3,589,307 66. After deducting the State debtleaves the exceaa of reeourcee of $1,114,908 46, to whifli amountmuBl be added the amount due by the United States Governmentfor advances made by Kentucky during the war of $1,108,761 64,

showing a total esceM of reaoorces over debt ot $2,808,660 8)>"

There are but four completed lines of railway in the State, all of

which are In succeaaful operation and meeting promptly their

obligations—namely, the Kentucky Central, the Louisville, Ct».

cinnatl and Lexington, the LonlsTllle and Nashville and branchea,

and the Paducah and Gulf. These have all been chiefly built by

Kentucky capital. A large amount of the first mortgage bonds of

the h'tizabethtown and Paducah Railroad (Company have been aold

to investors In Kentucky. At the low price at which these seouri-

tiea are at present offered we think they merit the consideration

and attention of investors.

—The annual statement of the Mercantile Mutual InsuranceCompany of No. 35 Wall street will be found on another page.The principal facts shown in the statement for 1870 are as follows:

Premiums outstanding December Slst, 1869. $280,484 88 ; pre-

miums received during the year 1870, $1,042,025 11. Total pre-

miums, $1,331,509 47. Premiums marked off as earned fromJanuary 1st to December 31st, 1870, $1,091,511 .52 ; less returnpremiums, $61,736 97. Net earned premiums, $1,029,774 58.

Paid during same period : Losses, expenses, commissions, and re-

insurance less salvages, $661,354 11. Cash paid to stockholders

for interest, $81,844 00. Cash paid to dealers as an equivalent for

the scrip dividends of Mutual Companies, $126,753 20. The asaeUof the company on the Slst of December, 1870, were $1,515,786 55.

An interest dividend of three and one-half (3i) per cent., free of

Government tax, will be paid. The officers are Messrs. EllwoodWalter, President : Archb. G. Montgomery, Jr., Vice-President

;

Alanson W. Hegeman, Second Vice-President ; C. J. Despard,

Secretary.

Atlantic inataal Insurance Companyi—The statement of

the Atlantic Mutual Insurance Company for the year ending Dec.

31, 1870, han just been issued, and will be found at length in ouradvertising columns. The figures show that this remarkablecompany continues its course of prosperity. The premiamsreceived on marine risks for the year were $5,270,190 00, and

premiums on policies not marked off January 1 , 1870, $8,156,723 64,

making the amount of marine premiums $7,426,418 78. Thepremiums marked off for the year were $6,392,788 55 : the loases

paid during the same period were $2,253,590 39, and the returns

of premiums and expenses $1,063,2153 57. The assets of the com-

pany now reach the enormous total of $14,183,983 43. Six per

cent interest on the outstanding certificates of profits will be piid

to the holders thereof, or their itgal representatives, on and after

Tuesday, the 7th of February next. The outstanding certificates

of the issue of 1867 will be redeemed and paid to the holders

thereof, or their legal representatives, on and after Tuesday, the

7th of February next, from which date all interest thereon will

cease. The certificates to be prcKluced at the time of payment,

and canceled. Upon certificates which were issued (in red scrip)

for gold premiums, such payment of interest and redemption will

be in gold. A dividend of thirty-five per cent is declared on "the

net earned premiums of the company, for the year ending Slst

December, 1870, for which certificates will be issued on and after

Tuesday, the 4th of April next. The annual statement is always

the best notice to the public of the position which this compAnyoccupies, and is a recommendation to shippers to seek their owninterests In placing risks with the Atlantic Mutual. John. D.

Jones, Esq., whose name will always be identified with the his-

tory of most successful marine insurance in this country, contin-

ues at the head of the company, and the other officers also remain

unchanged. Mr. Charles Dennis as first vice-president, Mr. WU-liara H. H. Moore as second vice-president, Mr. J. D. Hewlett as

third vice-president, and Mr. J. H. Chapman as secretary.

The Grand rbarlty Ball—For the benefit of the Nur»ery andChild'K TloitpUal, will take place at the Academy of Hnsic onThursday evening, February 2d. This ball, which has now been

given annually for the past fifteen years, has become known as

jinr exeellnnee, the most select and fashionable ball given in NewYork. To those who have previously attended the charity balls,

it is unnecessary to speak of them, but to those who have not wecan say from personal knowledge that the spectacle alone is

worth the price of a ticket, apart from the music, dancing and

other entertainments, and the consideration of lending assistance

to one of the best and noblest charities of this city. Tickets may1k! had of the managers, whose names appear in an advertlaement

in the daily papers ; the price is five dollars.

—Attention is directed to the card of Mr. William C. Oilman,

dealer insurance scrip and fire and marlrre intrarance storks. Ma-rine insurance scrip is a very popular securrty with ma'iy inreetora

and merchants, and Mr. Gilman being a piominent broker In this

lino, can buy or sell to advantage, or give aay information In re-

gard io them.

—The Farmers' National Bank of Virginia, Illinois, has a capi-

tal of $150,000; Its redemption agencies are Ninth National Bank

,

New York, and Union National Hank. Chicago. John Roberteon.

Esq., is Proeident, andJJohn H Wno<l, Caahier.

Page 14: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

no THE CHRONICLE. [January ."^S, 1871.

BANKING AND FINANCIAL.

—BANKtNQ HOCBB OF HKNRY CLEWS & CO., 32 WALL BT. ,N.Y.—

Deposit accountfl can be opened with us in either Currency or

Coin, subject to checli without notice. Five per cent, interest will

be allowed upon all daily balances. Cliecks upon us pass through

the clearing house as if drawn upon any city bank.

We issue Circular Letters of Credit for travelers, available in

all parts of the world ; also Commercial Credits. We malte tele,

graphic tranSfees of money to any distant point, and transact

every description of foreign banking business.

Wa draw BUls of Exchange in sums from £1 upwards on

The Imperial Bank, > LondonMessrs. Clews, Habicht & Co.,\

The Provincial Bank of Ireland, Dublin and branches

The National Bank of Scotland, Edinburgh and branches.

We issue Certificates of Deposit payable on demand or at fixed

date, bearing interest, and available|at aJl money centres.

Orders executed for Governments and other investment securi-

ties ; also Gold and Exchange.

Advances made to our dealers at all times on approved coUater.

als at market rates of interest.

Collections aiade in any part of the world.

ecurities, 1

1871. )

HABVIT FI8K. A. 8. HATCH.

FISK 4 HATCH,

Bankers and Dealers in Government Securities,

No. 6 Nassau street.

New Tork, Jan. 14,

tlnited States Five-twenty Bonds, if allowed to run until 187S,

Will pay but Four Per Cent. Gold on the investment at present

market rates, while they are likely to be funded at a lower rate of

interest than they now bear before that time.

The First Mortgage Bonds of the Central Pacific Bailroad Com-

pany, at present market price, will pay nearly Seven Per Cent, in

Gold on the investment, and cannot be called in or the interest re-

duced under twenty-five years.

A difference of from Fifteen to Twenty Per Cent, may be realized

in exchanging Government Bonds for Central Pacifies, or saved in

making new investments.

The safety and value of the First Mortgage Bonds of the Central

l^acific Ridlroad Company are thoroughly established and univers-

ally recognized.

The value of the property, the immense and increasing revenues

of the Company, and its able and honorable management, assure

the security of the principal and prompt and regular payment of

interest beyond question.

We have introduced them into our regular business upon the

ame basis as Government Bonds, and buy and sell them as fieely

at current market rates, and are prepared to furnish them to in

Testers or others at daily quotations.

We buy and sell Government Bonds, Gold and Coupons, exe-

cute orders in miscellaneous Securities at the New York StockEixchange, make collections, receive deposits subject to check at

sight, allow interest on balances, and do a general Banking busi-

ness.

PISK <fc HATCH.

Banking House ofFarnham, Gilbert & Co.,

No. 8 Wall Stbebt, New York,January 14, 1870.

GEORGE A. WICKS ceased to have any interest in orconnection with our business, January 1, 1871.

FARNHAM, GILBERT & CO.

^hc BankcrB* ®autte.

DIVIDENBS.The fdlowlDK Dividend* have been declared dturins the put week:

ConrAXT.

Railroad*.devoand ft Pit'sbargCamden & ' mhoy KR. A Trans. 0»Hoasatonlc preferrsd, extra

_ .^ Banks.Ptclflc

_ ^„ _ Insurance.BepubllcFtre....WniUnnsburg City Fire... ;;.".';"'!

BroadwayPeter Cooper Fl re !!!!.'!!!!

nnacellaneoas.Morria Canal * B^jkng Co., preferred...Delaware A RarRan Canal CoKembieCoal A Iron Co

PnCut.

3M68

4

657«

664

Wh«hP'ABUt.

Feb. 10.

I^eb. 6.Feb 1.

Feb. 1.

on dem.dem.

Feb. 1.

Feb. 1.

Feb. 7.

Feb. e.Feb. 1.

Jan. 30 to Feb. 11.

Books Clobxo.

Jan. as to Feb. 7.

Friday Eventng. Jannary »"'• 1871.

The money Market.—At the date of our last report on l'^'"iday

30th inst., the money market had just recovered from another speo''^"

lative attempt to make money scarce and rates of interest exorbit'

ant. and since that time the supply of loanable funds has beem

abundant at 6@7 per cent., with frequent exceptions at 5 on govern

ment collaterals. It is said that the funds locked up the previous

week have not yet been returned to the regular channels of business

through the same banks used in their withdrawal, but it i^ believed

that they have been gradually returned in other ways, as therewould seem to be no fuither object in withholding so large anamount and losing interest upon it. There seems at the present

moment to be every prospect of an easy market for some monthsto come, as the flow of currency is now from the country, and noconsiderable return movement can be expected towards the North

and West before the opening of navigation.

A conspicuous ftature in the movements o fmoney at this centre,

is the super abundance of national bank notes which occurs peri-

odically, and occasions much annoyance and some loss to the banks •

These notes are selling at i@i per cent, discount as they cannot

be used at the Clearing House, and in the absence of any practi"

cable system of redemption the banks have more than they can

dispose of. It seems futile to spend so much time in discussing

the question of resumption of specie payments by the national

banks, while we have as yet no arrangement for the redemption oi

their notes in legal tenders.

The lack of a system of redemption at some leading financial'

centre is now generally acknowledged to be the most notable

defect of the National banking law, and it is difficult to account

for the fact that Congress does not take some steps towards sup -

plying this important deficiency by amendments to the law.

The following statement shows the present condition of th a

associated banks, compared with the same date in the last two years '

Jan. 81, 1871,

Loans and dlsconntsSpecie

.

CirculationNet deposits....Lsffal Tenders..

|2T0,85S.79128.W0,495S 1.988.374

2!1 690,050

49,774,567

Jan. 2i. 1870.

f»9,592,75C39.451.00833.S06,W1

207,479,82354.619,433

Jan. 23. 1869.

$264,954,61958,864,197S.'.,265,946

197,10!, 163

54,032,119

Commercial, first class endorsed 60 days.•

flis.,4 monfli" " , 6 montlis." Blnglenames 60 days." " 4to6montIiH.

, first class foUlgn 60 days.' domestic 8 to 4monlli8.

Jan. 84 to Feb 1.

Commercial paper has been in good request at rather better

rates, the abundant supply of loanable funds creating a good

demand for the best names at 7 @7i and 8 per cent., while lower

names sell from 8@12. The improving rates for commercial'

paper show a growing confidence in the soundness of financia

afi"airs on the part, of banks and other, purchasers.per cent.7 ®....7 ® 87 ® 98 @139 ®157 ®....7 ® 8S

United States Bonds.—The tone of the market for Govern-

ment securities has been very firm although the amount of busi-

ness done can not be considered large. There has been a good

demand from investors in this vicinity and in the country, and at

times also some purchasing from the stock houses of thestieet.

The fact seems to be that Government securities are gradually re-

covering to prices at which they formerly sold, and the feeling is

gaining ground that the low prices at which they ruled during

the latter part of 1870 were the result of temporary causes, sotha'

a more settled feeling in regard to the funding law and the steadi-

niness of gold brings a return of confidence in these securities and

renewed orders from investors. On Wednesday the Government

purchased $1,000,000 of 5-20s, the total offerings amounting to

only $2,197,500. The advance of the week is about 2 per cent, on

18818, 1 per cent, on 5-208 of 1863, and i(M on 5-208 of 1867.

The following were the highest and lowest prices of leading

government securities at the Board on each day of the past week;

Saturday,

Jan. 21.

9's,t88t conp.... liov 111

S 20'«,1862 coup. ".oak 109X5 ao's, imt •• loex losx6-20>,1865 " 108J< ....

5-Ws, 1865 n " 107H lOTXV>0 s. 1867 ' lOek 108KB.20'8,18«8 " lOSX ...

IIMO'S. " IDS lOSJiCurrency 6'b 110)^

Monday, Tuesday, Wednefd'y Thursday, Friday,

Jan. 28. Jan. 24. Jan. 26. Jan. 2«. „J»",-,?2;

110« .... 111 .... IIIXUIX 112 112X usmisjcIO9S .... 109H .... 109H .... 109X .... 109X ;j,-10S« ....'108X109 109 .... 1I19X ....'109 109J<

108«109 109 .... 109 .... 109X .... 109M 109X107K .... 107K .... 107K .... 106 108\< 108X ....

108$ ;::: lUeS .... mQmn 108«108« 108H108X108Sl03X 108H108V 10eX108» 10S«108X 'WX108H .... *l(ieK10e!» 108K .... 108X1W IM ••uoSuOH noiiUOH noxiiOH nox »<>« ....

• This Is the vrica hid and asked, no sate was made at the Board

.

State and Railroad Bonds.—State Bonds have been tolerably

firm on most of the issues, with some heaviness at times on North

and South Carolinas. There has been no important intelligence

from the Southern States, at least none which seemed to have

much effect upon the market, although we notice a law passed by

the Tennessee legislature incresasing the rate of taxation in that

State, a step which is not less important as an indication of the

Page 15: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

January 28, 1871 ] THE CHKONICLE. Ill

tone of iMling; in regard to the debt, thmn In ita •etual resnlti o<

raUino; the revenue.

In Railroad bonds the attention of the street haa itlU been mo-

nopolized by the Pnciflr Railrnnd Bccuritleg. Cent'al PaclScs have

been very firm at 0(H<SOO), and Union Pacifice, after much fluctu-

ation, cloee at 77i<977( for firsts, 70@7(H lor land Krants, and 60(3

Ki for incomes. No statement waa made of the pro|>osed

change in the manapfement of the company which has produced

such a rHmarkable advance in the prices of its necurities, until to

day, Vfhen it nas anno- need that Messrs. J. Ed/^ar Thompson and

Thomas A. Bcott, of the Pennsylvania Central Road, to(;ether withtwo other prnrainent capitalists, wnuld become directors of the

road at the next election. This report Is substantially the same that

was made a few daysajjro, and is apparently well founded, thoughthere may be further details yet to be made public.

The following are the highest and lowest prices of the mostactive State Bonds at the Board on each day of tlie week :

BHlurdit/, Monrtxv, Tues^Uv, W-'Ine^d'y, Thnridnv, FrldHy.Jan. 91. Jan. 33. Jan. M. Jan. 99. .Ian. 9>f. Jan. 77.

ttT«nil..0M... 'MX «l» tin .... 6I» .... MX aiS "MH MX 'MK «5••Tenn.naar... •«« 64K 'HH <«X MX MX «>< .... MX ..?. MX MX«. N.(»r.. old.. «X *» 'WX n «X . «« « M-lJ .... 'JSk ...

«• VlrK..old.... '68 .... M WX ".• ««X * ... *X '..?. t» •(» ....•«sc,ii,j*j wx M>v »x tax MX My ax .... nx . mx ...S^MlHourl.... 'SUX »X •«))? SOX 'tux •.. «0 .... » .... Wx W

* Thl« U the prlci* htd and HSkud. no va/f wmh inndM at the Uoard.

Ballroad and macellaneous Stock*. -The Stock marketwaa disturbed on Saturday the 2l8t inst. by a flurry in Readingoeeasioned by large orders to buy from a party who had been well

known as an operator in this stock, but who failed to take the

stock purchased, and this being thrown back upon the brokers

caused several small failures and had the effect of temporarily de-

pressing the whole market. The orders to buy in this city andPhiladelphia were reported to be lor upwards of 80,000 shares, andthe decline in the btock was from lOOf to 97.

Since the slight depression above noticed the market has gene-rally been strong and buoyant, assisted by an increasing rate in

the money market and by a feeling of confidence in future prices

There has, indeed, been no period during the past six monthswhen the prospect of an upward movement in the market seemedmore probable—though the fulfillment of this prospect is liable

to be defeated by numerous circumstances. The Union Pacific

etock closes at 22i against 23^ last week, after fluctuatingbetween 20J and 24 in the u ean time. On the active list of specu-lative favorites, with a few exceptions, there has been an ad-vance of from 1@8 per cent, as shown in the table below. RockIsland was very active to-day on considerable orders to buv,and sold up to 108i, Panama after selling down to 68^(63^',reacted to 67@67i. A report of the Erie Railway for the yearending Sept. 80. 1870, shows the gross earnings to be $16,179,-461, operating expenses, $12,073,010; total expenses other thanconstruction, $16,471,483 ; capital stock. $83,538,910 ; funded debt$23,398,800.The following were the highest and lowest prices of the active

list ofrailroad and miscellaneous stocks on each day of the last week:Saturdav, >fondRy, Tut^-sdav, WedDesd'r Ttanrsdar, KrldavJan. 91. Jan. M. Jan. S4. Jan. 98. Jan. M. Jan «'

lI.Y.C«nt*H.R 94 »4X H\( MX »5 95X »X »5X MX W Mk 9RUdo .crip 89X »X 89X SOX 90X 81 9UX 90K S»X «0X V> »Xgarlom 18i .... 131X ISJX 181X .. ISJ 133X IK . 182

**

Krle a^H SX »>< ^% '^H 93 2-iX 92X JIK 99 91X »'B»l<UnK n IWX »7V WX »8 98X 96)5 MX ««X »'<X WX UhUkenKore.... yix lOH »5X S9X SIX »8X 99 98 «9 Baj? KH 98?Wat-aah 51X 5i Sl.'< sx SIX 59X SIX VX SIX SIX six 5?XFlttabnrif 106M0SX IIK .. lOS? ..f! 105V 10« lOsJ IW* lOoJ 106Morthwem.... TOX nH T3X r^X ilX TdX T5V t6x Ti «X TSS BJCdo prer MX 84^ 84x SK B>X 8liS SSX SSX KA S5X 8SU kHRockl.la.w... lOe^lOeX IwJlOtX 10631073 iSxiOTX w'* 10?>t IotS lo5^Fort Wayne... 93X ... 93'< .... 9XX .... 98? »l »3* . 94 !m39t Paul... KX 58X MX '-'<X 52« 58X US H 635 U Mu MX„,'!.• „V'^t-. 18 T» TS T3H WX WX 73X 74X TSX -4X 74? 7501.1O. MrMlMlo sax 8.iX MX SIX 83X S»^ MX m 85H 3«K i-8 8«XO'lltralofN.J. 104 .... 108X 104X "lOl 104X lOsJ 104 lOSX ..?. 108XChic* Alton.. 'Ill 115 IID ..7. 115 ..™ IISXIISX 1I5X .... •la^i •.•iVdo doprefllS ...."liesi .... 117 . . Miex KB Miex ... 'l 7X 90*Panama •.. 71 "esx .... '65 ssx 65 ... '64 M • p.oiov.,c.r.*i -siH wx "SI 93 'm sax "si 88 •.... as "sov sixCol.(;hlc.*1.0 l«l,' 18X 18X !8X :8X . . ISK ~

. 18 18X •!« ill?DeL.Lack .*vv 104 .... 101 104 .. 108X lOt 'IW* I04X 104XHann., St. Jo.. 86X 87X Ms S5 <il\ 85!r Bs" S STX "^ '*v

•do prof MX »<H »« 97 9CX 97X »< »9 "WIX 98H "6 »7

Illln.jla ( ontr'l •....134X ISSX .. 1S3X 158s '188 188X 183V "IMU l5avMich. .>ntral. -117X118^ US'* . .. -nix 118^ '1^ „** 'lis* 11»' .m**

*Morrl.4K..ei 68H .. . 83X 88X "SSX c9 38X .... 88x .... 88X

'.'.'.'.

B.MartftErte ax ... IX 9 "IX 9 l5 .. "iC IX mS «rnl.nP.cino 29X 24 9Ji4 93 90x 28 29X MX 'IX 95X SIX 99ffe.t.l n. ,el. 47X 4;X 47X 47X i'J* 47X 475 4;x *SX 4:2 4«X 47Hdo prel.. "8^4 9 SV ... 9 9U 94< *VU 10 flu o(?PaclBcMati.... 4iX 43X 4'!X «X «1X 42X 4IX 42^ «:X 41X 4l2 «Adain. K>pr.a •UM 66X 'eSX 66H (6x .. . UK MX MX 56?Atn.Merch.Un 42X ... 49X .. . «2g 49X Hx ... . . Sx

""IJnlled -tatea. -ir 87X 98 89 4(1 ..?. 89X ... 8» »x 46"

• T!:;ilaiheprlcpi>M and aaknd. no >af< waamada at th« Board.

Tfce eol4l market—There has not been, in months, a morestagnant market, so far as the volume of business is concerned,than during' the past week ; the tone, however, is quite Arm, andsome transactions have been made with the anticipation of n risein the price on the surrender of Paris, in consequence of a demandfor export. On Tuesday there was but one price made during theday—110^—an event which it is said has only occurred once beforesince the formation of the Board. At tho Treasury sale of$;,000,000 on Thiirsdsy, bids were made to the large amount of$8,120500, which Is accounted for by the desire of the banks tobuy the gold, paying for it in National bank currency, and then to

ell the gold and obtain legal-tanders In payment. Tha Sub-Treasury has received $4,130,966 ilnring the wo-k. Bndnai<loat$4,078 186. The movement of gold and bullion for toe yaar1870, which Is given on another page, will be found of much In-

tereet-

The following table will show the eoorae of the gold premiumeach day of the past week :

Hatnrday,Jan.9t .

-Monday. •• 9.1...

'ru,'<ii8y, • n .

\V(.,li,',fay, •• as..Thursday, • 96 .

Krlday, - 97.

.

Open-IHK

.UOV-IWX.'.'«SIIOX.liox..IIOX

tjudtatlona.-

Oiirrcnt week aovPrtfvlona week IIOVJan 1, 1871, to date.. ilOX

IIOX110 !<

i:»XIIOXIIOXIIOX

IIOXIIOX

Hlifb.nt.IIOV

ViS?

uox

I loa-Inr.iiovuoxIIOX"OX"OX"OX

ToUlCirnrlnira.tti.'.KijSn9i.«a/oa

BO.OoM. Carrmrr,

l/<IM« l,tM,4«4•MM9 w,mmnjHi M iM

IO4,47«,00Oi(7.a'«.aoo

i.i»,oniiov noxliny 110V"IX IIOX

Tim gimeral movement of coin and bullion at New York, in theweek ending Saturday, January 21. -vas as follows :

InhankuJan 14 |9<,990,401 pv ihlrawn for export tKlftfornlttn linporw 79.471 Ooll recelpta Into Sub-Treaa.. 4 W4.904aold paid out by Snb-Treaa'y. 4,B:s.B(n In hxiiki Jan. 91 9SgM,49SReceipts from California (ap-

,

proximate) 800.000 Tnii' withdrawn and In bank. aS)W,M9_ Kxf—5« of lupply over with-Total known anpply tS4,8a6,m I drawala, *c... 7U,«»

The following are the quotations in gold fpr foreign and Ameri-can coin

:

American allrer (new).. — 96X<k — *>>iPImes and baU dimea.. —Ma- »^^Five tranca —98 « —

M

Franca — 1» A — !*XKnitlllb (liver 4 75 a « 88PrusBlan thalen — *ixS — 70XSpecie thaler* . I 04 a 1 MMexican dollar* 1 OiK« I OIXSpanish doUara ^fUS p. e. premlnm.Sonth American dollars par.

American gold (old coinage)4 p c. premlnm. t

.<oTerelirns $4 86 mil '9Napoleons 3 88 {^ 3 90Oi-rman X thalere 7 75 <a 7 90PnitMi i an X thaler* 7 95 a 8 10X KKll'iers 3 90 § 4 00Spanish doahloons 16 40 A 16 60Patriot doubloons 15 50 ^ 18 65Atncrlcaii silver (oldcoinaKe)

1(%2 p. c. premlnm.

Foretirn Exchanee.—The market has shown remarkable firm-

ness on moderate demand, and closes to-day at about the samerates as last Friday, 109i@109f for the best bankers 60 day ster-

ling. There seems to be very little exchange making, notwith-standing the large cotton movement, and first-class commercialbills are readily sold at rates very little below the best bankers.The exports of cotton for the week amount to 105,883 liales,

producing $7,016,730 in gold, against 84,660 bales in the sameweek last year, producing them $8,300,400 in gold, with middlingat 26c. and gold at 122.

60 Day*.London bankers

, 109Xd 109H' commercial lOSVd 109

Paris (bankers) ^Antwerp 5.I6X9S.16XSwlw S.I9XaS.18XAmsterdam 40x<% *lHambnrfT 86 4 3«XFranklort 40X9 'IBremen 78X9 79Prussian thalers TlXd "iV

The transactions for the week at the Custom House and Sub-Treasury have been as follows

:

C^JStomHouse

Receipts. $51S,ta)Jan. 91..

" 98.. 373,000• 94.. 976^00

•" 25.. 286,000" 26.. 172,000" 97.. 917.000

Oold1691.992 4891S.3T7 71611,634 26513,828 48911.836 66

1,958.000 00

Receipts.'-8ub-Treaanry/

(Tnrrency.t9M,0e4 68278,779 80334,061 53449,589 88

2.126,456 981,599,494 98

Payments. ,

Gold. CnrrencT.1961.161 97 tl,i>*,418 ft845,385 19768,897 696a8,':B2 80198,279 1<

1448,729 81

416,0«OB4487,415 68409 8S8 12

>,21«J96 7«801.998 44

(9J210.869 28 (4,0:8086 19 (4A1D>4S 91

8,158,909 48

Saturday,Monday,Tuesday,Wednesday,Thursday,Friday,

Total $1397,000 $4,130,666 54Balance, Jan. a> 61.901,816 89

. , $68,832,488 48 $13,SS9jr8 73Payment daring week 4,073,186 12 4,110.948 21

Balance, Jan. 27 $61,259.847 81 $9,988^30 92

New York City Banks.—The following statement shows thecondition of the Associated Banks of New York City for the weekending at the commencement of business on Jan. 21. 1871

:

Loans andBAHKa. Capital Olsconnu

Hew fork $S.uoa,0O(i4io.Mi:.9iioManhattan 9,080.000 s.j.19,400Merchants' 8,000.000 s.rsi.in)Mechanlea 9,000.000 5.707,C00Onion .... 1.800.000 4.lC0.ffOAmerica 8,000.000 7.1i)7.9K5PhffinlX 1.800.JOO 4.0SS.M:City 1/100.000 8.08.1.691Tradeamen's ..lOO.Ooo 2.947.J25Fulton hCa.000 2,n7<l,4>'5

Chemical 300 000 6,937,282Mnrchanta' Exohange 1.238,000 !<.26l<..>47

National 1800.000 3jn5f00Bntctaers' 800.000 24M.7U0Mechanics and Traders'. 600.000 I.V7K.46JOreenwlch 200.000 994.9H2Leatlier Manul. Katlonal 600,000 3,121318Beventh Ward, National. 800,000 l,385,4?4State ol New York 3,000,000 4619.<'88American Bxchanxe 8,000,000 10388.801ommerce lOMO.OOO 99.009.»lt

Broadway..OceanMercantilePaoiacBepnbllcChathamPeople'sNorth American..HanoverIrvtnKMetropolitanUitiaenaNaManMarket .

1.000.000IJUO.OOO1,000.000429.700

1,000.000460.000412J0O

IjOOO.OOOu»o.ooaSOO.00P

4Aio.oaoaoo.ooo

1.O0O.0OOBt. Nicholas IJMMVShoe «nd Leather l^WO.OWCorn fCxchange l.ftOO.OOO

Continental 3,000.000Ooounonwealtb 780.000Oriental SWJWOMarine 40OJMOAtlantic a«i.S0OImp'»rtor8 and Traders'.. 1300.000Pnrk $30(1.800

M-chanica'BaniiiniiAsi'. MO,0M ^^..i.farocara' $0OJM wnjtt

6.2;5.!,00

2.'»3,6S58.S;53001391350S387,4l!t

1.480.6^9

1397.100I.lT7.f«41.939.(00103873*01340.4a9319.' COJ.T'S.nO9.7vtl.400

8 'j«? :H)0

9.719.;i«4,'*»,lf»

93H.700l..'M>>.MDi,as.-.roIM3.I111O.«730OU.MB,798

Specie.8.18^.10"

9'2.'0023343008P8.100621.71

I.9!i7.im

1347,1711,M9,4«5

53.472185 .064988.4807S3SS67M(U80300M.SOO

robjsi196.M9Ks.m811300

9308315186,100

134.10019.490

l,7n>386

85>«110300tan3<t2l.7«l

^0.77370,41 <

1V9.JC0

W. 0086.700483in9s:8ia

MOUNT orCircnia- Net

tlon. Deposits.$890.7l«l $11 9^5311

ll.«CO 8.4»n.9nO

BSi.lH'O ».49S3(t)8i9.»98 4.^72.ftl0

480.600 2.9J4.ffO

1 <40 5.f*9.(n8

;08.96O 3335.7063.860366

776.419 137',tf»1.455.^214392.965

4«0.4r8 2,774J!»4-6.BI7 130837»J«',<00 l.TWOOOIKI.OOO 1308.100

03(0TP.WiC

2.l» -^ ^999341 «,ll'3Ml«.0«8 !tr»3ST4V$000 83'K3«i9H8.70> 630S.MIO

4.46t.!rAI 8391 .4n900 Oro 6,(n.4«07979W M7J0$4178,700 $0:S.«(«4.7(0 1.4723g0

898.118 8 $483*6198300 tJMjrO8.)« t3S<,4M4.000 93*8,111

nK377 13$P3M190 «H I3M3**

1.148.477 93«<JI*131318 l.9«».lt$3JWI tJ9IJ*$.

MS.ItO 13M3W7(4.' (10 l.ll».<M$I8.'00 WP9

•.7*8 13«l.'«0N«3I7 lJM.r«9M3,« ljew.«(«43M 13M.190

LeKalTenders,$1,I8>.«I0

7 5.! 0013S-1.7101,148.400

4«'3t01.W9.MI18513.38971' HO6(3.488411389

l,ll».40l889.1779773S79«7,«ronn.too148.777S«S,I679!a.96t6n.2M

1.48630083'^,14BI3S2.2C0fO.TO*$60,700

«ll3f0

7.m

J&S&. . 103*0,4(01391300 17311.19*I04.400 U|6.40*

OM.1008a.7ia*«»,»16

$*t3(*aw OS*Mn3*iSI6.II0*1*.I6S4*13004813007*i3«0168^00614JiO830.100ni.420«8.IM)152,074

*3**,(00*3*83«413.10$

U4JM

Page 16: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

t rr

112 THE CHRONICLR [January 28, 1371.

Berth River'ButRlTerMkBa^aotnrert * Mer. . .

.

Fourth KatlonalmntrftlNAtlonalftecoDd NationalHlnth NationalFirst NationalThird NationalHew Tork N. Exchanice*Tenth NationalBowery NationalKew Torit CoontjOflnnan AmericanBall B Head ..

StuyTecantSieve ith Ward.iKhth NationalAmerican Nationalidermanlaliaoufaotares & Balldcra

ToUL

100,000890.000S0O.000

5.0W4W8,000,000S0O.00O

i,g«o,oao900,000

1,000,000300.000

1,000.000tso.ooo»O,000

1,000,000200,000.00,000300,000%0,000MOfiM2011,000

100 MHI

1,104,5S<

1,001 rWOl,486,g<0

11.404.700io.-n.6oo],446.K)0

6.246,0004.141.6M9.120.700

1,129,8008.875,100

1,028,757i.Vli.m)2.545,417

1.090,015495.479510.628767,S33693.951BS4.750

973,665

21.012 11.000 976.858

8,600 273.400 6003COS.700 677 1.219.100

1.JOI.800 2,909,800 18.RT9.700

425,289 1,875,883 9.f.13.736

2f8,t00 1,210.500

464,000 781,0(0 5.fl4.000

64330 832,517 4,422,086

521,400 762,000 4336,2008.600 261,400 742.80064.000 609.600 2,177,800

»,16« 225 000 985.575179,000 1J)S3,3C0

140.837 2.222,1765.S55 6,407 1,741A502,952 620.215

486,619

4.203 250.000 553,867

36.638 445.860 666,1^4260 864.i-.i:a

4.'.00 064,906

814,574177.160285,600

S.S52.9C02.fii2.8-;si

414.0001.338.0(01.021.5171.120.4rO

271,100712.100299.8102S0,I0O811,105

118,2:«

211,719278,370

83.970.200 270,853,791 28,520,49331,988,274 211,C9J,030 19,774,657

The deviations from the rettirns of previous week are as follows

:

Loans Inc.Bpecle Dec.Clrcnlatton Dec.

11,642,789 INet Denoslts Inc. »1,713,744

4«9.ffl9 Legal Tenders Inc. 801,354

61,9301

The following are the totals for a series of weeks past

:

Loans.Jan. 7....»2«5JSi8327Jan. 14.... 269.211.022

Jan. 21.... 270,853,791

Specie. Clrrnlation.(36.353,191 (32.114,7:828,990.404 32 049 SOI

28,520,195 31,988,274

Deposits.$202.038329213,403,774211,690,080

LegalTenflers.»40,031,4IO50, -.75,911

49, .74,557

AggregateCleavinga

.

»501 ,440,900618 211,409563,638,414

Philadelphia Banks.—The following is the average condition

of the Philadelphia National Banks for the week preceding Mon-day, Jan. 23, 1871 :

Banks, Capital.Philadelphia (1,500,000North America 1,000,OW)Jarmers and Mech, 2,000,000Commercial 810,000Mechanics' 800,000Bask N. LibertleH. 500,000Boathwark 250,000Kensington 250,000Penn 600,000Wee era 400,000Mannfactnrere* 570,i5f)

Bank of Commerce 25O.0C0Girard 1,000,000Tradesmen's..ConsolidationCityCommonwealth.

.

Com Exchange,.TJnl"n.

209.000300.000400/100800,000500.000300.000

riret l,Offl),000

Third 800,000Tonrth aOO.COOSixth 190,000Seventh 250,0C0Blchth m9,000Central ;. 700,000Bank of Bepnbllc. . 1,000,000Sccnrlty 154,000

Loans.(5,W5,0004,042,0345,136,9802,361 ,ax)2,S03,COO

2,860,0001,378,2001,111,7741,390,9561367,4261,656,000890 220

8390.011,424,1721,195,443

1,166,091899,479

1.568,0001333,0008.569,0001,066,518

679,969497300910,000920,0110

2396.0002,133,000148,000

bppcle,$160,00065,98081,227•a^m36,6,30

30.00040,60043104,0002,748

15,69272,00016,56710,60010,20256,00010,000

149,000109,000

80,0002,800

Total netL. Tender. Deposite.Clrcnlat'n.(1310,000 (3,791,001 (1,000,000

862.111 2,907,159 781,7001,250.747 3,961,779 713,317663,000 1358,000 615,000.371,0,0 ~ 1,213,000 476,750684,000 "• 1.960,000 460,100367,300— 1.268,700 215,900295,000S 969,588 228,112192,810 982,570 174,950371312 1,381,474880,000 3ri,2:0,444 443315228 664 --

676,910 204,695815,000"~'2,570.000 996,000894,647^1,061,438 174,8622:!6,571 885,777 270,000478,520.(sr 818,563 356,590287,668 • 781,901 210,;i35

470,000 1,286,000 450,000314,000 1,509,000 211,0f)0

904,000~ S,«7 ',000 797300316,769 979,971 261,844377,143 le 878,246 178,000149,000 409,000 135,000140,(00 - 783.000 219,335198,000 627,010 241,0110

554,000 1.742,000 689,000429.000 1.240,000 800,00088,000 126,000 2,000

Total ,(15,902,190 (52,717,262 (1,026356 (13,072,764 (40,492,258 (10,809,795

The deviations from last week's returns are as follows :

Capital Increase... (7,0001 Legal Tenders Increase.. S90S4Loans Increase ..1.565.602 Deposits Increase... 190,889Specie Decrease.. 289,844

|Circulation Increase .. 2,867

The annexed statement shows the condition of the Philadelphia

Banks for a series of weeks :

Date. Loans.Jan. 2 (51361327Jan. 9 61.827,1,5Jan. 16 Sl.151.660Jan. 28 52,717,263

Specie, Legal Tender.(1,071,538 (12.653,1661,466,341 13,065,1161,316.800 13.013,7201,026,951 13,07i,754

DcpoBits, Clroulation.(38,660,408 (10313,21240,270,851 10,812,08540,341,869 10,f06,9?840,492,258 . 10,809,795

Boston Banks.—Below we give a statement of the BostonNational Banks, as returned to the Clearing House, Jan. 33, 1871Banks. Capital.

Atlantic (7rO300Atlas 1,500.000Blackatone 1300.OOOBoston 1.000.000BoTlaton 500,000Colombian i,u«),oonContinental I.OOO.UOOKliot 1.000,000Xverett 200.000FaneullHall 1,000,000Freeman's 600.000

>eiabe 1,000,000' BamUton 750,000Vpofud 1,000,000.Ipailcet 800,000

.;:;' Uauachnseits 800.000

-s Maverick 400.000.» Merehants' 8.0iiO,{XiO

., Mount Vernon 200,000«ew Kngland I.OOO.OIO

iiTJorth 1,000,0007., Old Boston 900,000• Bhawmnt 1,000000« Shoe A Leather 1,000,00011 State 2,000.0(1)K, Bnfr^k 1,500,000

•X Tr»a«r»' 600,000-'.• Trenont 'i.ooo.ooii

waahlngton 790,000First IjOlOOOOFfcond (Granite).ThirdBank of Commerce.B«Dkof N. AmericiB"* of Redemption.Bank of Bepnbllc...City .

£»«••xchange....

HIdeALeatherRe?ere6,«<>rltyyalonWobater

;.60oooosco.ooo

2.000.000i.rr o.i^xt

1,000,0001,6003001.000,0001,000,000l,ooo.aioi,500,aio

3,000,000300300

1300 ,aio

1300300

Loans. Bpecle.(1,570,439 »1 1.2692313,123 49,05.5

8,463,928 21 3881,967,829 14,0581.457.412 l.'!,!SO

2319.798 63,60013:6,608 75,0002355,703 260,700

»S5'1" 83173,737,100 69.1411,481,916 85.9262,535,831 10.0001,581,801 33.9081 987.923 67,600

80,7221333.3851.919.802 26,490873,669 22,528

7,991,266 737,8436,';8,759 50,000

2385,857 41,6032,199.826 1UO,1021,868,628 156,9942,097,487 69,20ii2,698,46-1 62,0733337 8E8 141,8313,287,105 199.T291,174,8811 203 ;o8,2.50.453 '<43.281

135J,4U) 87,2294,073.862 71,7494,7S0301 2:2,2131.2!S,654 103,9604,444,104 2,7ffl

1312,889 41,1605,088.863 1P3.5832,975,1631,734,687 12,9751382.418 4,0853,728 688 210281331'S,926 7,0714371.663 49,118573 684 28,837

2.489382 11«,7903,068,758 109,112

Specie. L.T. Notes. Deposits. Circula." (158.538 (4f0,490 (».36.714

792,656788 925968,696415,059780.987564,865785,085

1,1

108,828 752.2M382,667 1.498,439180.612 800,509216.679 76T,822863.666 eoo,>-93

163.342 918,5152

84 690 953,10737,000 444,999

425,334 1,289,930100,416 65',229284,500 1320,796186,683 1,028,25692,714 688,92270,456 491,751

236,844 1,023,263101316 862,368

2,140.154 6,636,56068.262 488,664416,566 899,426160.834 789,695313,118 1,080,95140.229 76fi,099

213336 999,114266.800 1,159.151202,183 ,594319150.621 781,0201P6.868 950,62826,667 615.600

468,984 1,364,923003, 91 2.421,497126,0011 1,216.663898,833 1,626,298818..528 511.076688319 990,623222,167 76.'i,17«

244,201 639,301141,736 706,153172,?81 1,478..'.96

'230,(^94 873318306.M4 1,917 88829,558 418.062

240,r.>8 1.067310199.221 1,785,181

897,1708.'j7,2S5

241,055440„5633=11,800

371,990240.341.696,88017,->.246

786,772775,167361.814692376358.701987.K18

686387175 380663 .161

589 2T2792,810771,580173,152946,272.575,019

7!,2,^57

791,2504«0.r,71

328,191796,18071-1,629

SSO.OOO120,7005393564!'3,060

''*••' (47350,000 (111382,938 (8,968,689 (12,365.184 (47.633326 (24,785,898The deviations from the returns of previous week are as follows :

tSSX; Dec. (845330?ES',V--v-.v "ec. 84.850Lemi Tender Notes inc. 147>

Deposits. . .

Circulation....Doc. (890,388..Den. 67 711

The following are comparative totals for a series of weeks past

;

}2: J::i*ii.i*..Ju.n..

Loans... (ui.ito.m... 1IIJR3I2... 111,999^... iii3a,N8

Specie.(2,484,5363.901,1658.998,089

8,967,689

Legal Tender.(12,.ST2,9n13,5,'<6 6391331739713,366,184

Deposits. Circulation.(48,927,971 (24,662,20948,89»,I35 24483.789

}«i«.664 24,84310947,652,836 24.785398

ilnotatlonii of NeTT York Bank Stock*

New Tork..Manhattan losMerchantsMechanics 182

Union 140America 148

City 220Phenlx 105

North RiverTradesmen'sFultonGreenwichButchers* Drov .

.

Mechanics & Tr. 185National. 116Merchants' Ex.. 100Leather Mannf.. 200Seventh Wardstate of N Tork .

.

Commerce.. . 117

Bid. Askd,.183

, 148

Bid, AskdMech,Bl!gA8S0 , 120

Broadway 280

Ocean S5X 86Mercantile 124

Am, Exchange, 114Pacific ..

Chatham 162Bepttblic 116

N.America.... 101Hanover 100IrvingMetropolitan.... 130HCitizensPeoples 187XGrocers 116

East RiverMarketNassau 1C7

114 Shoe and Leath. ..

117>i Corn Exchange. .

.

10690154

114

117103loix

129117125108165128

Bid.Continental 63St. McholasMarineCommonwealth. .

.

AtlanticNew Y. County. .

.

Importers i, Tr. 157

Park 143Manul & Merch 95N y.Nat.Exch 98Central Nation'l 103First National.. ..

Fourth Nation'l WNinth National. ..

Tenth National. ..

Eleventh WardOrientalGold Exchange. 70 80Bankers & B As .

.

. Atkd.

100

155102

lew111

(Inotatlons of Ne-w ITork Fire Insurance Stock*.Bid.

Adriatic 50American 190

Aetna 102

Arctic 80Astor 125Beekman 80 -

Bowery 180Brooklyn 200Citizens' ISO

City 165Clinton 110Columbia 95Commercial 103

Continental 245Commerce 93Eagle 165Empire City 105Excelsior 90Fireman's ISOFireman's TrU8tl03

84130

114100106350

10694

Bid.Folton 103Gebhard 98Globe 104jGrocers' 70Germania 110Guardian 80Hanover 100Home I!2Howard 112Irving 106International... . 108Jefferson 147Knlckerbocker.-lSOILafayette 80Lamar 180Lenox 106Long Island 186Lorillard 105Manhattan., ..140Market 112

Askd.103

103115114110

14913285

107145113

Bid. AskdMech.&Trad'rs'.UOMercantile lOO

Merchants' 190Metropolitan ... 50Nassau 150National 117

New Amster'lamlOON.Y. Equitable. 160

New York 112Niagara 60North AmericanUiONorth River... .105

Phenix 108

Relief 97Reptibllc 104Security 76Sterling 85Stuyvesant 100

United States... 148Yonkersft N Y. 96

101196

102169

101

100

8090

145

ilaotatlona of Petroleum and mining Stocks.PETRO:,E0M STOCKS. ^_

_ _ |MINING STOCKS.

Bid. AskBennehoffRnn 5 111Bergen Coal & Oil 40Brevoort 50BuchananFarm 35 50 i

Central 65 69Home 1 40 1 80NationalN. Y, & Alleghany ISO ..

Northern Light 20 40Pi IIIps t.

Plthole Creek 50 90RvndFarm 35 ....

Second NationalUniied Petroleum Farms 13 17

United States iO

Gold-American FlagBates & Baxter 80 ...

Bent n Gold 6Black Hawk Gold 20 40Central Gold 9 15

Consolidated Gregory 20 39Grass Valley 5 10GnnncUGoldLaCrosscGoldLibertyN. Y. & EldoradoUocky Mountain... ,

QuHrtz Hill 10 15Bymond'e ForksSmith & Parmclee Gold 19 20

((notations of Sllscellaneous Local Securities.CITY BR STOCKS

Bleecker st. & Fulton Ferry.do Ist M. Bonds coup... 75

Broadway A Seventh Av 60

do IstMTs 75Central Park. N. * East Rivers 28

do IstMTs 75

Dry Dock E. B'dway& Battery 78

do lsM7'8 85

Eighth Avenue 150

do l8tM7'8Forty-second st. & Gd. st, Fer.lOO

do IstMTs 100

Second Avenue 65do l8tM7'8 80

Sixth Avenue 1 15

"Third Avenue 185

do l8tM7'8 100

Broadway (Brooklyn) 110

do Real Estate 7'B rsBrooklyn City 180

do IstMTs, '""

Bid, Ask,40T7

80SO808090

,100

1061007585

19.5"

100120100185100

Brooklyn and Hauter's Pt..Brooklyn and Jamaica

do IstMVBdo 2d M7'8do 3d M I's

do 4t'M7

Bid. Ask

. 71

. W

. <0

7676«6

46"116

6077

Brooklyn City and Newtown., 35do IstMTs 90

Coney Island (Brooklyn 46Grand Street and Newtown— 76Van Brunt St .v Erie Basin

do lstM7'sGAS STOCKS.

Ons-Brooklyn 280Citizens (lirooklyn) n5exdlvHarlem 200 . ..

Manhattan 23S ....

Metropolitan 1S3 185NewY*ork 521 „.Peoples' (Brooklyn) 98 101

Williamsburg 300 200

SOUTHERN SECURITIES.

city Secorlt esAlexandria 6b ,

Atlanta, Ga, 7sAueaeta, Ga., 79, bondsChief ton, ». O. , 78, F. L. bd?Oolnmbla, 8. C , 6bColnmbos, " 79, bondsrredrickebnrg 68Lynchhnriv 6bMactjd 7s, bondsMemphis r>B, endorBCfiMemphis past due coupons

.

Mobile, Ala., 5b, bonds—89, " ...

Montgomery 88L>ia9hTilie6BNorlolkfis.'etersbarg 6eHichmond tts

Wilmington, N. C.,69

Railroad Secnritles.Alabama,

Montg'ry & West P. 1p'.,8«." " let. end** ** Income

Montgomery and Bntalla 1st

8s, gold boudB, endorsed byState of AlAbaroa....

Mobile and Ohio. SJmtR, 8sBelma and Meridian lat m. Bs

Georgia.HonthweBternKit, let mtg

stockMacon and ,' uetist^t bonds .

" end,)rsedMacon and Augusta Block. .,

Atlantic ind GullstockSavannah, Albany,* Gnlf7fbonds, end. by Bavannah..

PcnsacolB & Gaorgialst m7e" " SdmSs.

nisslsslppl and Lon-Islana.

MlsBiBBlppi Cent. 2d "89" &Tenn. l6tm.78

I" " oonsoW, 8a

IBid .\.«i'

58 686!» 7178 SOKB 706.) 70Ii8» 72in72 72175 78B9 (il

6(1 6560 6580 828Ui 826U 62611 B570 7170 72J

6(1

73

S4i 86811 ail

t>S ti6

85 S46H 6453 66

86 0094

... 86

.... yn86 4(1

3S 86

74 7f.

6015

65 6877 7964 e«

North Carolina.Wilmmglon & Weldoi. 7'.

" uh. * Ruth. Isai.end" " l9tM., Sb

South Carolina.Char!., Col. A. Aug , let .M.,7»

" *' stock...^pa^tun^b^^g and Union 79,

guar'd by States. CSavainnh & Char. Ist M.,79..

Sorlh Kaetirn iBt mtg. 88..

.

2d ' 8s...

Sd " 89..." Block

Cheraw & Darlington 7aluc Ridge, let Mortgage ..

Tennessee.East Tenn. & Virginli.68, endby State of Tern

Memphieand Ohio 10b..." " 6b...

Virginia.Orange & Ale*., ists 6s,.

" adfee...Sds8e...4th8 88...

Orange A.Mex. * Kan. Iste

Va. ATeoLlsts 6s.." Sd«68... ....

4th, 8BVirginia Central ! sts, «s

" 2nds, 6s .." Sds. Bb

4tli.8e

fur.d.lnt. 8b

Rich. *- lauN Jpicvf.B'des." Pit '"toot bra'h" Ists^

outheidc, Istrotg. 8b" 2d m. guartMSs..» Sdm.68" 4thm.8e

Norfolk & Petersburg \ m Ss78

Kichin. & Petersb. Istm 78" 2dni.6f" 8dm. Ps

Fro'ksb';} &Poto.«f>" " conv 7b

6ei

60

77

781

Ask

686643

67

85

SH748t82183

'm'i90768880

hi'i

6»182948699

Page 17: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

Jftnuary 28, 1871.] THE CHRONICLE 118

GENERAL QUOTATIONS OF STOCKS AND BONDS.The AetlTS Morka and Bond* clTen on a Prerlona Pas* are not Rrpratnd here. Qootalloaa ara mad* •! tha Far

<'ciil Value, Whatever the Par may be. Southern Securltlea are Quoted In a Separate Llat.

1 iiniii ruin.• \IKNt8.

luolod.)fc.iwi,tt.S-IjUn, (iwttj rftf«a, VM, (inM) rte«t, t-Ki, O^W) >^*t, S-Mi, (18K, new) nau,i-iot,(imr>r*g....'.••, 3-agi, (ISM) r<9M, 1914, cou•,I«T<,r«ir

BTATi *0ND8.TannoMee (a, olddo do Dew bonds...,

TIrKlnIa <a, olddo do new bondsdo do registered old.,do do do 18M..do do do 18t>7..

Ot'OFKU 6«du 7s. new bondsdo la.endorseddo 7«. Gold.... ^

North Carolina da, olddo do Pdbdlng Act,l8M.do do IMSdo do newbondsdo do Special Tax

SoQtli Carolina t's

do do newbondsdo do April* Oct..

.

Missouri 6sdo Han. ft St. Joseph.

Loalslana 6edo newbondsdo Us, lereo bondsdo 8e dodo 7s, Penitentiary

allfornla7sonnectlcDt 6s.

do WarLoanRhode Island tsAlabama 5e

do 8sdo 8a Railroad bonds. .

.

A rkansas 6«, funded

IMj

109!

i«x

Ww

«x

1865

59H

MorriF* « i'.»m'.\, im .Mon i>'i

do do 2dMort I wCleve. ft Tol. Sinking Knnd . . luoNew Jersey Central, l«t Mort; IIW

KIM

81X1

do do 2d Mort._ do do new bds.Pitts., Ft. W. ft Cblc, 1st M...

do do 3d Mort._ d« do Sd Mort.Cleve. ft Pitts., Consol. S. K'd.do do 2d Mort..do do SdMort..do do 4th Mort

Chic, ft Alion Sinking Fand..do do 1st Mortgage...do do Income

Ohio A Miss., 1st Mortgaire,...do Consollffated...

.

IW)108

IWM««is"

S^7>I

ifc"«3•7(6M00

89H

... M7iX 71

iinx

do 7s, L. R. ft Ft. S. Iss.

do 7s, Memphis ft \j.JX..

S6S 60

38

n1U<

98j<

«s

...

lOU.S

lOOX

io6'

too100IM100100S9999S

I'JO

105X106

MM104XIW104

104104lOO

do 7b, L.K.,P. B.AN.O.du 7«. Miss. Ouc. ft KR

Ohio 6s, 1875do t«, 1881do «». 1886

KentucKy 6slllnols Canal Bonds, 1870Op OS coupon, t7nb do 1879do WarLoan

indlsna6s, War Loando 5s, do

Michigan 6e. 1873do 6e,lSi8do 68, 18S3do 7»,187S

New Vork 7«, Boanty, reg....do 78, do cou...do 6s,Canal,lg;2do 6e, 1873do 8S.1874do 68,1875do 6s,19ndo 6s, 1878do 5s, 1874do 58,li<T5

CITT BONDS.Brooklyr 6s

do Water 69do Parkesdo do 7sdo 3 year Aasessment 78

New York 6 per cent, "75..

.

do do do 76..

.

do do do "78...

do do do "87...

do 7'8

RAILROAD BONDS.N.T. Centralis, 1883

do 6e,18g7do fie, real estate...do 6s, subscription.do 78,1876do 78, conv. 1876do 78,1865-76

Erie 1st Mortgage Extended..! ^%do IstRndoraed.do 78,2d do 187«do Ts.Sd do 1888do 7»,4th do 18S0do 7B..1th do 1888

Buir. N. y . ft K. Ist M., 1877,Hurt. B. 78. 2d M. S. F. 1885.

,

do 78, 3d Mort., I87S. . .

.

Dub. ft Slonx C, 1st MortPeninsula lilt BondHSt. L. ft Iron .Moanlaln. 1st MMil. ft St. Paul, Isl Mort. 8s.

.

do do do 7 3-10do do Ist Mortdo do I.ftM.ddo do 2d M

Marietta ft CIn., Ist MortjChlc. ft Mllwaukoelst Mort..]Jollctft Chicago, let Mort...Chic, ft Ot Eastern, lat Mort.Col., Chic, ft hul.. 1st .Mort....

do do 2d Mort i65

Tol.. Peoria ft Warsaw, E,D.. I SSXdo do W. D..( 83do do 3dM..; 6T>i

New Tork ft N. Haven 6»Boaton, H. ft Erie, guaranteed

....:, Cedar F.illaft Mlun., lat M....

...."Detroit, Monroe ft Tol bonds.

I

....tlLake Shore Dlv. bonds...'I Buffalo ft Erie, new bonds ...

»7S I

St. L. JackBonvllle 4 Chic, 1st!

ISouth Side iiallroad bonds. .. .1

'Morris ft Essex, convertible...,59X1 1

do do conHtructlon.i —WI

North Mlssoorl, 1st Mortiiage.; 8460 \\ do do 2dMortgsge.l

Jefferson BR, Ist Mort. bonds./ — ••

MISCEIi,ANE0U8 BONDS.Am. l)ock& Iin.Co. 7, 1« 95 98Long Dcict Bonds I ..

W iTnlonTclc. lstM„7 1875..I 94

Boatom.K>ld Col. ft Newport Bds, 6, ^M,

do do Bonds, 7, Ign..Itntlan'l. rew, 7V - • ' iitH..oons.,7,t4

rl., 7,1891 „\ .M., now, 8 'lOBH\ lass., 1st M., 6, '81.1 ....

IBoetuii ft Allianyarock IMKBoston Rartforil ft Erie IKBoston ft Lowell stock ' ..,

Boston ft Maine:143

Boston ft Providence 150Cheshire preferred MXCln., Sandusky ft Clev. stock, 'ifji

('oncord 77Connecticut River 140HConnecticut ft Passumpslc, pf. 8KKaatern (M»aa.1 IMEastern In N. Hampshire 'llOjj

ritchbarg 1S«

»V^

IK

Indlanapolla, Cln. ft YiafayetteManchester ft Lawrence

S9k, Ogdens. ft L. Cham[snipah:plain..

'K

115

JC«'

00

1(»«

92»2^8810098»3989893103

91M

1^90lOOM100110100lOO:oi

INBW, OR RECENT LOANS.Bur. C. K ft M. BK.l8tM,7Cgd)Central RR. ol lows, 7a gold. . i

Chea. ft Ohio RB, l8tM.,6,(gd)Ev. T. II. ft Chic, let M. 78, gUjijOUl8v.ftNa8h.R,l8tM,con8.,7,Lake Shore Consolidated, 7...;Memphis City Bonds, r* gold..'Montclair lift ol N. J. 78, gold;Mo. & Mont. HH, lat M. 88, gd.

'

Northern I'aotBe KK, 7-:W gold'Nashville* Decatur UR I

N'.0.,Mo.&Chat.i:K,lstM.8s,N. Hav.. Mid. ft Wil. RB,7s. . . . I

N. Y. ft Osw. Mid. B,l8tM.7(gd),Portlioy8lRR7B. '

do do pref....Old Colony ft Newport

I «>J(Port., Saoo ft Porlamonth |122

Rutland ...

do preferred ...

Vermont ft Canada 1104

Vermont ft Massacliusetts|

...

114 '

89

95K1804080:04HW

90

so'

9090

97M

, 100

100100

So. ft Nor Ala. RK, 88, gd,St. io». A Den. C. R.latT«,8(gd)West. Maryrd RB endorsed 6ei 87,S

KAILROAD STOCKS.(Not previously quoted.)

|

AlDany ft Snaquelianna... i8R

Chicago ft Alton IISK'HSXdo do preferred... '17X120do do scrip 151

Cblc Bur ftQulncy ;152HCTev., Col., Cln. ft Indlanap ..' 80XCol. Chic, ft Ind. Central.;...! 18Dubligue ft Sioux City i

—Eric Railway preferred . . . . ( 46XHartford ft N. Haven •..Long Island I ....

Marietta ft Cln., Ist preferred! 19

do do 2d pref. I 8Morris* Kaaex....;. I,MJK

87

1»1

8948

«9X89

108X

98M

9<100979oy

78

Harlem. 1st Mortgage 101do Con. M'ge&S'kgF'd. «1

Albany ft Snsqh'a, Ist bonds.

.

do do 2d dodo do 3d do ..

MIch.Cont., 1st M.8», 1882 117Chlc.Bur. ft Q. «p. c. lat M.. I083(Mich. 8o.7perct.Jrt Mort 96HMICh.B. &.N 1.8. K. 7p. c... »9XPaclllc B. 7s,guarfdhy .Mo... 9«XCentral PaollTc Bonds 90XUnion Pacific lat Bonds TTii

do Land Orants, 7s. 70do Income IDs 67

Illinois Central 7 p. ct., IKS... 108Alton ft T.H.,l8tTH... 9do do art .\i pref 84X 86do do 2d M. Income.. 12 75

Cblc. ft N. Western S. Knnd... 98H 100do do Int. Honda' 91do do Extn. B«9 .... 90do do 1st Mort.. 95X 9"SX

Conaol'd7p.ct. convertible. , W!, 88XHa I. ft St. .To. Land (l^ants...do do convertible 1104 iOt

Lack, ft Western Bonds I ...Bel.. Lack, ft Western, HI M.I ....

do do 311 M.. ....Tol.ftWabll, latMort. exfd.' WX

do lat MSt Ldiv..! a^Hdo 2d .Mort i'iido Equip. Bds.... 78X

« S?,,.. Cons. Convert. «XRaimlbal ft Naples, let M . 75Great Western. 1st M.. !'•«.

. . lOOdo lat M..1BXS.... 90

__, "O^. JdM.,18»3. ... S3«•!««» 41 Tol., 1st M., 1890 1 ....

I iNew Jersey :

118'|New York ft Harlem ;''81XN^ York ft Harlem, pref..W |N#W York ft New Haven

96 I do do scrip..... (New York, Prov. ft Boston.85X Norwich ft Worcheater—

'Ohioft Mississippi, preferred.

90I Rensselaer ft SaratogaRome, Watertown & Ogdens..St. Louis, Alton ft T. lAute. ..

do do pref.98 St. Lonla ft Iron Monntain

Toledo, Wab ft n'esteru, pref.

%i

MI8CKLLAKEOU8 STOCKS.Ameiicao CoalConsolidated CoalComberlaQd CoalMaryland CoalPennsylvania CoalSprlOK Monntatn CoalWllkeabarre Coal

,

Canton Co|

1>elaware & Hudson CanatAtlantic Mall Hteamthlp I

Marlptwa Gold .,.,do TruBtees Certlf....

Qalcksllrer preterredWellft FftrKo scrip .. .

BostonWftter PowerBoston.

Maine 6»New Hampshire, 68Vermont 69. .,._

4assachnAetts to, Cnrrency,..do 69, Gold

,

do M, GoldBoston 68.

,

do 3e,gold ,,

Ubtcago Sewerage 7ado Mnniclpal 7»

Portland «»BorllnKton ft Mo. L. 0., 7Cheshire,*Cln..8rtn.4 Cler., li»tM..7. T7.iUfltern Ma**., conv.. «. 1R74...Hartford ft Erie, Itt M. (old) 7.

*• do iBtM. CDew)7.

143135»0mo

12T

47X75

n

77

87

PhlUdelphU.PennaylvanlaSs, 1877 ICS

do Military Loan 68, 1871 1C2X 104

do Stock Loan, 6s, 'TO 'TIKM|

...

do do es.TI-'ta HS !l08

Philadelphia «s. old" ""

do 68, newPittsburg Compromise 4Xs.

do do 6e...do Funded Debt 6sdo do Ts

.

do Waterexten.7sAlleghany County, 5

do do 6s, '85Belvldere Delaware, lat M., 6.

do do 2d M.,6.do do iA M.,6.

Camden ft Amboy, 6of '75

1do do 6 of '83

t

do do 6 of '89do consol., 6 of '89..

Cam. ft Bur. ft Co., Ist M., 6 . .

.

—I

Catawlssa, Ist M., 7.... lEIm.ft Wll'ms, 6a

do do 78, 18S0Bunt, ft Broad Top, Ist M.. 7. .

.

,do do 2dM_-, '75...

! do do Cons. SI., 7, '96.

June, Pliila., Ist M., guar.B. '82.

Lehigh Valley, lat M.,6. Ik73..| 94,

do do let (new) M.,6, '9^. i)9

Little Schuylkill. lstM.,7, ig!7. l«lNorth Pennsvl.. Ist M.,6, 1880.. 98

do CliattclM., 10,1887.|113do 2d Mortgage, 7 1

94do FnndingScrlp, 7.. . ...

OnCreek&Aneg.R.,1atTi.,7. W 82XPenneylvanla, 1st M.,6, 1 80... 101

do 2dM., 6, 1S75.... 1'3Xdo Debentures, fi, '69- '71 1

'.-6

Nonhfni Cant., Ill ir.iiraartt j.do do 2d M., S. T., 4, -fc, n

doMM.,R. r.,«,19(lido«d M.lV.'.^itlil.TJ

dodo ^.do do Cons. (goMl „ .

Pllls.*Connellsv.,lstM.,7,iri„ do do lat M., 6, II*pWest Md, IstM., endora«d,6, to

do lat M., Dnend., 6, 10.,do 2d .M„endorac<l,<,la,

Baltimore ft Ohio stockParkorsbnrg Branch

Central Ohiodo preferred

Clnctnnatl.Cincinnati Ss

do «sdo TJOs

Ham.Co..Ohlo6p.e. cnghda.do do 7p.a.,l to5yn.ovlngton ft Cln. BridgeIn , iTam. ft P., lat M.. 7, Hi...

do do 2rtM.,7, 'SS,

do do SdM., S,T7.Cln. ft Indlana.lat M.,7

do d» 2d .M.,7, 1817..Colnm., ft Xenia. 1st M..7, W).Oayton * Mich., Ist M., 7, '81..

do do 2d M.,7, '84..do do SdM., 7, '88..do To'do dep. bds, 7, 'Sl-t*.

Dayton ft West., ist M.. 7, 1908.do do 1st M., 6, 1908.

Ind., Cln. ft I.af.. Ist M.,7do (I. ftC)l8tM.,7.1888

.V .v„ .June, rin.ft lnd..l8tM..7,'!«.

KOXIIOOX il-'"!" Miami, lat M.,6, less....

lUlli.lUl ^ " 111"' * Davton atock.. ,,•• ' ^ Xe'nia stock' '-liignn stock

1 -tookl.onlsiTllle.

Louisville 68, 'S2 to "87

do 6s,'97lo'98do Water**, 1)7to'8».. ^do Water Stock 68, '97.' 'Sdo Wharf 68 «do special tax fla of '89.1 <l>

Jeff., Mad. A I,lBtM.(I«M)7, "811

«do do SdM. ,7.187s J ••do do 1st M.,7, 1806..., 19^

Loolsv. C. ft Lex., 1ft M., 7, "ST.. MXLouis, ft Fr'k., 1st M., 6, 10- "78.. I fj

do Loniav. Loan.6.'8l.i SL. ftNash.lstM. ftn.s.)7, T?..! *60

Pblla, ft Erie, Ist M.,7, 1887.... IWX .

do 1st M. (gold) 6, '81 "

do 1st M. (cur.) 6, '81

Snnbnry ft Erie 78Phila. ft Sunburv 78, 187JPhiladelphia ft Reading, 6, '70.

dododododo

do 6, "71.

do 6, '80.

do 6, 'SS.

Debentures, 6.

do 7, '93

«9XU6

ICOjK10495

K

122i32X

ni66'

s

71

80<4016

84'

iwx

«»<

iix«x

Phll.,WlIm.ftBal.,latM.,6,'84Wcstch. ft Phil.. I8t M., conv,7.

do do 2rt M.,6, 1878...West Jersey. 6. ISSSWilming. ft I!ead.,l8t M.,7, 1900Cheaa.*fe I>elaw.,1st M.,6, 'b6..IDelawarc Dlv., lat .M., (), 'TS...Lehigh Navigation, 6, '78

! do Loan of 1884, 6, •84

do Loan of 1897,6, '97do Gold Loan of "97, 6, 97do Convert, of 1877,8, TI

Morris, let M.,6, 1876do Boat Loan, S. F.. 7, '85

SchnylkUl Nav., lat M., 6, isado do 2d M., 6, 18^..do do Improv,, 6, 1870..

Camden ft Amboy stockCatawlsaa stock

do preferred stockElmlraft WilllamsportElmlraft Willlamaport prof..Lehigh VallevLittle SchnyllclllMine Hill ft Schuylkill Haven.Northern CentralNorth PennaylvanlaOil Creek ft Allegheny River.PennsylvaniaPhiladelphia EriePhiladelphia ftTrentonPhlla., German, ft NorristownPhlla., Wllmlng. ft BaltimoreWest JerseyChesapeake ft Dela. CanalDelaware Division Canal .

.

Lehleh Coal and NavigationMorris (consolidated)

do preferredSchuylkill Navlgat'n (consol).

do do pref.Stisqnehanna ft Tide-Water

Nao•0ssR81f»KITS6580878t87

101

104X

78•HH

do Lor. i.oan (m.a.Vs. W-*»7| *<•

do do (Leb.Br.)6.'8« (W

do IstM. (Mem. Br) 7, "TO-TB. 9IXdo latM.(Lcb.hr.ex)7, '8C-'85 "do Lon.I.'n(Leb.br.ei)6, te J*do Conaol.lat M.,7, 1898.... 8»

Jefferson.. Mart, ft Inrt. stock.. 85Loulav., Cln. ft Lex., pref 84

do do common. 43Louisville ft Nashville '•*

St. Lonls.81 Louis 68 84

io Water6«,gold >»new 92Waterft WharfH... 85Park 6s

Park 6a gold

dodododo-lo

dododododo

Baltimore.Maryland 68, Jan., A.. J. ft O.

.

do 68, DefenceBaltimore 68 or '75

do 18S4do 6a.:90O.do l!!W,Park6a

•Ittmortft Ohlolaof "ndo do 6ao('D0do do is ot '80do (N.W.Va.)2dM.«ado do >dM.6e

....I Central Ohio, 1st M.,6

....MarlattaftcU., Ist M.,7,jm.WXU do do MI<.,7,18M.

Sewer Special Tax SsNorth Missouri. 3d M., 7, 1888..Kansas Paclflc lat M.. (gold) 7.

do letM.(gold) 6, '95CO let M. (jfold) 6, 1896.

iBtM.(Leav.Br.17,'96LandGr. MM7."n-'7«Inc.Bonda.'J.No. 16

do No. II

do stockDenver Pacific RR ft Tel Ts.North Missouri stockPacific (ot Missouri) stock..,

San Francisco.San Francisco 68 of 18.'>S,

do 7s ot 1864.do 10s.

Iicadlnir KonthemSecurities,

Atlanta bonds. 8sCharlefiton stock 6sBavnnnah 7s, old

do 7a, newMemphis old bonda, 6a

do new bonds, 68Mobiles* ...

do 88New Orleans ,1s..

' 1886W

. ( esK

8*WlOi9»M75•1

M

•387MM86nIS70«2to848811585105

8176T9X77

96

s«8884M80

9398

95"94

si"

7671

71

M*2713

80X14X90

87

100

dododo

dododo

consol. 6s.

,

bonds, 7s.

,

lOa ,

RAILROADS.Orange ft Mtx. RR Ist M. ts,

do do SdM. 8s,

Va. ft Tenn., Ut M. (a.do 4thMort.8a

ICharleston ft Sav. 6b, guar....

do do 7biGreenvlIle & CoI.7s. gnar

do do 7», csrtir.Northeastern lat M.SbSouth Carolina 6s (new)

do do 7s (new)do do stock

Georgia Bonda, 78do stock

Central Georgia, 1st Mort. 7*.

.

do do slockKacon ft Brunswick end.Ts...Macon ft Western storkAtlantic ft Gulf 7a consolMonigm'y ft West. P. laTM. 8a.Mobile ft Ohio sterlingdo do Ss, Interest.. .

do de stockN. Orleaoe ft Jacks., Ist M. 8*.

do do eert*a,8i.lN. Orleans ft Opelons, Ist M.8i

- ,-. ailss. Central. Isl M. 7s. .

»4K iXi^laa.ftTenn., IstM Ts...

S i;^" ^** Tenn. ft Georgia ts .

8»X 86H) do do 3d TS.

HjiiH-fiji«^iSr«utasB..i.,'j2:*-

60tn

71

M90

s8580

Page 18: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

114 THE CHRONICLE. [January 28, 1871.

^Iie EailBDttg ittonitor.

Cf F'^'^LAVATION OF THE STOCK A.ND BOND TABLES-

I . Prices or the Active Stocks and Bonds are given In tbe"BanRera' Oii6tte"on(«; qaolatioDsot other sMorities will be fuund o« the pre-

««diDir pa^e.

3, Bank and Insurance Stocks, Mining. Petroleum. CityBallroad and Gas Stocks, and SontUeru Securities ol tho»i.

isiu<l« waicliare least activ, are all qn )tt:d either resinlariy or occai-iouHlly "t

the end of "Banker-' Qazotte," on a previon" page.

3 The Table ol Railroad, Oanal and Otber Stocks*-on the next page, compriiiei) all Cuoipanies of which the stock is soW in any of th

principal cities (except raerelv hwal oorporationg) . The figures Just after the name

ot the company in-licate the No of the 0HIlONtCI.E in which a report ol the Com-

pany waa last piihlishetl. A star (') indicates leased roadt ; in the dividend column

x^^extra; s^gtock or scrip.

4, The Tables of Railroad, Canal and Other Bondsoccupy in all, four pages, two of which will be published ii. each number. In

these pages the bonds of Companies which have been consolidiitcd are frequently

(fiven under the name of Consolidated Corporation. The date giveii in brackets

immediately alter the name of each Company, indicates the time at which the state-

ment of its linnnces was maile. In the "Inte'rest Column" the abbreviations are as

loUows: J. t J.=.l8nuary and July ; P. &. A-=February and August ; M. & S,—March and September ; A A; O. April and October ; M & N.=May and Novem-ber; J. & D.=JnneBnd December Q —J =Qaarteriy, beginning wifhJanuary;

Q.—F =Qa;irteriy, beginning with February. Q—M.=Qoarterly, beginnmg with

March.

5, The Table of CTnited States and State Securities will b

IMlblished monthly, on the last Saturday of the month.

B. The Table of City Bonds will be published on the third Saturday

of each mouth. The abbreviations used in this table are the same as those in the

tables ot railroad bonds mentioned above. The Sinking Fund or assets held byeach citv are given on the same line with the name.

The Financial Reports of Railroad and other Companies;ftre piihtistied in ttie Cmkomclr as soon aa issued, aiol iiKi.-xcii in the

.table <>f stocks f>n the next p >!;(*, as stated above in "-olf 8. A com-plete record of these renorls is thus obtained in a file "f this paper.

New Loans.—An account of every new loan now offered in

the New York market will be found on a previous page, givingthe tenns, circumstances and security of each, the price asked,and the financial agents.

State Bonds. -The usual table of State bonds which is regular-

ly published on the last Saturday of each month, as stated in thenote above, will be omitted this week and appear in the nextissue of the CnRONlCLE, on Saturday, February 4th.

Union Pacific Railroad.—The following are the earningsand expenses of the Union Pacific Railroad from July to Decem-ber, 1870, compared with 1869 :

-1870. . , 1869.-

Earniucs.Jnly $643,458August 664,060Beptcmb*'. . 728,520October 719,697November... 570,168December. . . 605.062

Expenees.$388,350349.329286,158346,604272,730298,769

Net inc.

$856,108314,720442,362373.093297,438211,283

Earnings.$62/3,569

617.586758,866999,665837,388716.828

Expenses.$608,421466,443425,946517,185499,608492,494

Net Inc.

$116,138152,1423.32,520

482,479337,779224,333

$1,644,.393

$249,613

$3,830,949 $1,936,912 $1,694,006 $4,653,494 $2,909,1011870 increase over 18691870 decrease on 1869 $972,1681870 decrease on 1869 $722,645 $972,168

Portsmouth, Saco and Portland Ballroad. -The lease ofthis road, to the Eastern and the Boston and Maine roads, which

has been running 23 years, was terminated last week by the payment of $200,000 by the first named road to the two others—the

forfeiting of that sum being the terms upon which either party,

according to the contract, could end the lease. The lessees have

paid « per cent, in gold for tlie property, and at that rate havenetted a half million dollars from the property leased. They de-

sire a new lease, but the Portland, Saco & Portsmouth Companywill demand as rental 10 or 12 per cent, on their capital of $1,-

500,000. Ex Gov. Goodwin, of Portsmouth, has been the President

of the P., S. & P. Co. for 22 years.

Indianapolis, Cincinnati and Lafayette Railroad.—(Cin-cinnati, Ohio, Jan. 20.—The Stockholders of the Cincinnati, In-

diana and Lafayette Railroad held an adjourned meeting at Morris,

Ind., to-day, with Mr. W. S. Groesbeck in the chair. Over 80,000

shares were represented. The report ot the Committee upon the

history and management of the road, says the books of the Com-pany iiad been loosely kspt, but the condition for four years is

about as follows : Receipts from the main line, Irom $1,500,000 to

$1,600,000 per annum ; expenses, $1,000,000 ; the lease lines cause

a loss of $100,000 a year. Total liabilities, $15,200,000. The Com-mittee made a comparison with the condition four years ago, unfavorable to the late management. The leased lines are found to

be quite unfortunate ventures, as they require much of the equi])-

ment tliat was required on the main line, and some of

them were built on the credit of the company. The Directors

recommend cancelling of these leases by negotiation or bylegal means. The report was ordered to be printed and sent to the

stockholders. A resolution was adopted instructing the directors

to refuse payment of the interest on the Hagerstown certificates ;

also, instructing the directors to carry out an arrangement, agreedupon by the creditors, for funding the debt in bonds to be secured

by a new mortgage.

N. T. Times.

North missonrl.—The Secretary of this company gives the

following list of lines operated by it on the 1st inst.

;

From 8t. Louis to Kansas City 272

From Moberly to Ottumwa 130

Columbia Branch—Centralla to Columbia 22

8t. Louis &8t. Joseph Railroad 72

Brunswick &, ChlUcothe Railroad 34

Total 580

One hundred and twenty-six miles of which has been constructed

during the past year. It is constructing the St. Louis, Council

Bluffs & Omaha Railroad, from Chilicothe to Council Bluffs, 174

miles, and expects to complete it this year.

—In accordance with the law. President Grant has directed

Secretary Delano to issue the necessary patent for the lands of the

Southern Pacific Railroad on account of the completion of the first

section of thirty miles of that road, which has been favorably re-

ported on by the Government Commissioners.

Taxation In T.nnes8ee.-NA8HVILLB, Tenn., Jan. 20.—A bill

has been passed, by both branches of the Legislature, increasing

the State taxes to sixty cents on the $100. Last year the tax wasforty cents on the $100. This increase even falls short of the

amount necessary to meet the obligations of the State.

J^" For other Railroad Items, see Oommbboiai, and Miscrr

LsNEons News, on a previous page.

MONTHLY EARNINGS OF PRINCIPAL RAILROADS.-Central Facifl

1870.

'742 m.)$413,104894,176488,331633.758768,719T»,«74788,099807,816777,188828,447748,800

I 612,806

7,968,618

<—^nUnci" Central .•

1869. 1870. 1871.(862 m.) (974 m.) ai07 m.)$659,137 $654,587524,693 663,891709,644 644,374668,282 597,571640.974 696,253778,260 769,2146««,238 646,766841,363 861,867979,400 870,684

914,406e 862,171814,41^ 841,990

69«,677o 766,282

8,823,482 8,881,492

and Alton.-1870.

(431 m.)$293,978323,825344,366

(834,663

1 395,0441411,986K 421,485,^501,049^498,6.35—488.658

I432,492

I 386,598

4,831,731

1871.

(466 m.)

-Chicago* Northwesterr,--- ^Chic^- Rock Is and Pacijr -,^Clev Col. Cir. & I-

. Jan. . .

.

.Feb....

.mar....

.April.

.nray...

.Jane..July....AuK-...Sept.....Oct.. ..

Not....Dec...

.Year.

1869.

(1,167 m.)1870.

(1,167 m.)1871.

m.) (620-90 m.)

1,142.1651,112,1901 268,4141,251,9501,157,0561,037,9731,806,6721,871,7801,140,146846,708

18,366,461

,092 i706,024 1361,767

1,286 753,782 319,441

1,166 858,359 645,789929,077

1,177,8971,154,629

, ,

1,080,946 Jk455,606

449,932f 623,841

1,246,2181,276,171

1,371,7801,037,963

1870.

(590 m.)$401,276449,664500,393443,300507,900529.612462,400556,100697,600638,122

1871.

( m.)

and Cinoinnat!—

,

1870. 1871.

(251 m.) (261 m.)$90,17798,275101,379106,246110,213111,117111.127118,407132,998 Sep!153,531 Oct .,

144,023 Not,141,376 Dee.

—Michigat) Central. .

1869. 1870. 1871.

g 638,6,52

736,664§584,155

I

479,2361393,468

6,960,936

-Mtlwauke? ft St. Paul.^ ^"."J*? ^'""."it;""

1870.

(890 m.)$201,500218,600244,161246,046260,169274,021249,366319,012317,887339,230819,673284,166

3,280,420

1871.

(890 m.)

Jan....Feb....Mar....April.Inay. .

.

June..Jnly.Auk. .

apt..

.

(284 m.)$3&4.119320,636886,527411,8144ft3,646

.366,623

329,950863,56947.3,546

490,772448,419374,542

(284 '.)

$337,992329,127

380,480412,030406.283363,187326,891378,880467,990511,477468,873423,786

(284 m.)1869.

(825 m.)$454,130 *396,1713.30.233

1870. 1871.

(936 m.) (1,018 m.)

1871.

(680 m.)

420,774460,287630,844678,800586.342626,363724,614

1,039,811801,163496,650

377,000443,133430,700766,737686,434661,026808,318908,313791,014629,758

1.391,346 1,418,866 Year.

Ohio* M<Minipp< —1869. 1870. 1871.

(340 m) (,340 m.) (898 m.)$180,866 $196,787216,060 218.234221,459 25.3,066214,409 27n,9.^3

218,6,39 1246,268228,236 1249.967192,384-^211,219«7B,W0 6a00,971WS.808 B818,«« ....388,044 &866,187 .

.

»98,0«7 1816,064 ....864,888 (.280,471

^Pacific Of Mo.-1870.

(355 m.)$202,447867,867294.874289,.5,50

283.00026.3,.328

260,449343,194366,677341,378324,669271,207

1871,

(355 m.)

8,»1»,647A188,W7 8,4TO,TT«

Iron Kt.1870.

(210 m.)$102,760 .

9.3,160 .

113,894 .

104,019 .

116,175 .

116,242,

107.524122,000124,124127,069121.791

4,749.163 4,791.895 7.260,668 8,120,427

.-St L.Alton ft T.Hante^^Tnledo.Wa'' Westeri.-^

. Jan ...

Feb..... Itlar ..

.

April..May...Jane..July..Aug..Sept....Oct . .

.Nov...Dec...

(210 m.)$132,622127,817176,950171,868157,397164,132144.164186,888202,238204,562189,361168,659

1870.

(222 m.)$152,392168,788172,216172,347155,081150,719

'

167,865175,46316.3,284

162,909187,794

1871,

(288 m)1869.

(621 wi.)

$884,192240.394842,704811,832812,629848,890810,800460,246470,720422,86832.3,.378

434,283

1870.

(521 m.)$275,00029.3,646

295,298818.699340.892»J8,632322,766466,431508,042461,293425,687386,264

1871.

(621 m.)

1870.

(404 m.)$213,101196,207239,161269,400259,000208,493196,720229,090264,690234,962266,836255.726

2,833,489

-TTnion Pacific—

.

.TCear.. 8,014,642 4,262,348 4,428,429

1870.

(1038 m.)$528,629500,139 •

539,230680,970802,580746,4,60

643,4686«,050728,526719.623671,879483,888

7,638,118

1871.

(1038 m.)

Page 19: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

January 28. 1871.1 THK CHRONICLE. J15

RAILROAD, CANAL, AND MISCELLANEOUS STOCK LIST.

iakaerlbara will oonttor a crMt fkTor hf (iTlnc a* Immedlats notlea of aar arror «laea VaAfM.

COHPANIKB.

Fori lull •ipUnallnriorihUUbU,•np htUhcav Monitor, on the pre-ceding p«|ia.

Rallroadn.Albany A StiHniirliA'>n

PA>

All.'KllA

A ., .

B»ltli.

91 SO10(1

No. jfliir111. No.3»..10U

. No.uich"Mich.

•ao...

•tookOnt-itaDd-iDC-

. .Ian. It

Krle.No. 941.100

, Jan.'.Jl we.Un.ai 100

BotitOII Mll'l l.OWtillBoston and MiilnBoolon and Hrovldeitri-, .Ian. ai.lOOBuffalo. Now York iind Erie*. ..100Burlington and Mlanonrl Klver .100

do do pref.lOOCamden and Ambor No. 2Sli 100do do 8<-rlp ^rJoint Co.'s *69 &*^

Camden and Atlanllc. N '. 3SI... Mldo do preferred.. 90

Cape Cod, > an. M MCaUwIaea.' No. aSB M

do preferrud 50Cedar Raplda and MiMouri* ... .100

do do pref. . ..

rent.MeoruUft Bank. Co.^o.2l8IOO 4,«M,900Central ofNow .Jersey, No. 2TO. .100 15,000,000Central OUlo 50 S,««.000

do preferred SO 400,000Central Paclfl.- So. 3»< 48,»a,740Charlotte, t'ol. & i\MH., No. 1157, —Chesliiro, preferred, .Ian. 21 100 3,0M,WSCblcaKO and Alton. N0.U8 100 7,045,000

do do preferred.... 100 2,435,400Chic. BnrlluK. A Qalney. No.!!«).100 17JIW.00OChicago, Iowa and Nebraska'. .100 1,000,000Ublcago and Northwest. No. 2T3.10C 14,676,ea9

do do pref... .100 30,810,398Uhlc.Rock Is.APac No.263.. ino, 17,000,000CIn., hamllton & DaytonNo.JSS.lOO 8.500J)00CIn., Rlcbm. A Chlcago'No.3«S . 10|CIncln., Sand. & Clev., No. 378.. SO)

do do do pref. 50|Cincinnati & Zanesrllle. No. Sid 501CleT.,Col.,Cln.4Ind. No. ilS.lOOClereland & MahonInK,' No. 347. 50

1.155,0003441,300S,ni,3003,4M,«»1 ,283^00713,700

•.«.2(n,Sff!

1JSO.0IW7.389,98)

3,315,0004,471,00011,700,000

950.0011

1.353,900^,900

9,000/100981,8908n,ion781,300916.«n

t,19*,9a03,300/100i,aafioo

Period*.

First dlv..Ian, a July.

Mar.' ft Bep.Jan. a July.June a Dec.April a Oct.April a Oct.

Quarterly.Jan. a JniyMay a Not

Jan', a jniyJan. a JniyJan. a JulyJune a Dec

May a NorJune a Dec.Jan. a .luly.Jane a Dec.June a Dec.

Clereland and Pittsbure, Jan. 3S 50Colnin,, Clilc. a In. Cen^No. 247.1001 li;i0o;0OO

883,8002,9(17,900

428,6461,676345;i,620,a»2,066,7507,494/138

Feb. a Aug

Jan. a Jniy.

May 'a Not,

Jan.a Jniy.Mar. ft Sept.Mar. ft Sept.Mar- ft Sept.Jan. ft Jniy.June ft Dec.June ft Dec.April ft Oct.April a Oct.

May a Not

Columbus and Xenia' 50Concord :..... 50Concord and Portsmouth 100Conn ft Pasaumpslc. pf. No. 381. .100Connecticut River. Jan. 21 100CuTiberland Valley, No. 255 50Dayton snd Mlchlijan' No. 263.. 50Delaware* 50Delaware, Lack, ft West No. 255. 90Detroit and Milwaukee, No. 249 . 90„ do do pref 50Dubuque and Sloni City* 100

fastern (Mass.), Jan. 21 100as> PcnnsylT»nla,No.3iS 50

Rast Tenn Va. ft Geor, No. 2^4.100gimira ft WllliamBport,'No.256. 50

do do pref.. 90Brle,Jan.28 lOOdo preferred 100Erie and Pittsburg, No. 398 50FItchburg JOOOeorarla. No.259 lOOHannibal and St. Joseph, Jan. 28:00_ do do pref.... 100Hartford a N. Haven, Jan. 31. . .100

_ do do scrip.... 190flousatonlc, preferred lOOHantlngdon and Broad Top* 50

do do pref. 50Illinois Central. No. 248.. . lOOIndianapolis, CIn. ft Lafayette.. 50JelTersonvllle, Mad. ft In.,No.287100Kansas PacificLackawanna and Bloomeburg 50Lake Sho.ft Mich. South. No.5l5.I00Lehigh and Susquehanna 80Lohlgh Valley. No. 2S5 90Llllle Miami, No. 247 90Little Schuylkill.' No.a55.... " 50Long Island, No. 3S3 90LoulBT.. CIn. ft Lex., prf No..*M JO

do C'-mmon soLouliTllle and Naahvllle No. 384 100LoulSTllle, New Alb. a Chicago. 00Macon and Western lOOMaine Central "1(10Marietta ft CIn., Ist pri. Nd.'266':50

do do 2d pref. .150»do do common ..anehester ft ^awrence, No.;4M00emphisand Charleston. No.378 26

Michigan Central. No. 267 100Milwaukee and St. Paul. No.SBS'lOO

do do pref 100Mine Hill ft Sch naTen'No.3BB'. 50Mleslsalppl Central' 100Mobile a Montg. pre! No. SSs'

*

Mobile and Ohio, No. 358... i66Sontgomerv and West Point , 'lOOorris and Euex,* No. 390. . 90asbna and Lowell, Jan. n 'lOO

NashT. ft Chattanooga No. 1130100Haogatttck. No. 199 100New Bod. ft Taunton, Jan. 21 "lOONew HaT. ft Northamp., Jan. 31 100New Jersey, No. 290 100

do scripHew Loadi.,n Northern .ian'.*2i"io6N. Y. i;ent. ft Hudson R..Jan.2l'lOO

», ""S- ,.'", „ certlflcates.lOO

New Tork and Harlem, Jan. 21.. .50

_ do do pref.,, 905"5 ^ST" * '*•'' H^enJoOBfclOOS- ^••?'"T: "K"" Bo«on Bo.»».looNorfolk and Petersburg, pref. ico

50 do guar. .100_ do do ordinary ..Worth Carolina. No. 367 100Northern of N.ll'mpshlreilo JSTIOONorthern Central. No. 249.. 50Northeast. (B. Carolina). No.SOi ..

d« doe p. Corel ..North Missouri, No. 299'

. . ... IQ.MorthPennsTlTanla 90Norwich a Worcester/ Jan. 31.100Ugdens. a L.Champ.'NoJTS . 100

«... **^^. ."lo prel.lOO

OHIoandMlMlsslppi. K*. iw 100

OU Cr*«k ud All«gti«nT Htyu, to'

1,786,8001,500,000890/100

3,084.2001,700,0001,316,9002,400,0»11,10:/!9I

16,377/100453,850

3,999,0005,000,0004,063,6001,809,2003,193,000900,000500,000

83,536,9108.536,900999,750

8,640,0004,156,0004,151,-005,0»7/!!44,800.0003,000,0002.000,000615,990213,350

39,373,8006,189,8972,?<io,noo

5,072,5001,385.000

95,000,0008,789,800

17.716,4008,973/(0n

2,646,1008,000,000848,700

1,«2S,4»28,681 /WO3,800,0003*)0.0001,611,500

8,180.7194,460,3682,089,7781,000,0009,313,729

l!l.239,848

11,4>2/!6I10,43«9as8,856.4.503,M8,785l,7»i.70O

8/192,800330,000

9/M/M41318,900900/100

1,800/100

6J90,000498,900

1,003,50045.0I«,000

44,428, »8,0(10.000

1/1(10.(100

9,000.0103,000.(110

800,500imjoo

1,861 JOO4,000,0008/168,400s/noooo898,990

T.TnJoo

a/KiSoo3/XIO.OOO

9J99,8474/134,474,«;n*,45«i

Feb. ft AugMay ft Nov"narterly.luarterly.quarterly,

-.ay ft NovJan. ft JulyFeb. ft AUKJan. ft JulyApril ft Oct

Jan. ft JulyJan. ft July.

December

.

Jan. ft July.Jan. ft JulyJan. ft July.

May ft Nov.Jan. ft July.Feb. ft Aug.

Jan. a July.Jan. a July.

Quarterly.

Jan. a July

Jan. ft July.Feb. ft Ang.Mar. ft Sept.Jan. ft JnlT.

Feb. ft Aug.May ft Nov.Qnarterly.(Jnarterly.Jan. ft July.

Jan. ft July.Jan. ft July.Feb. ft Ang.

Jan. ft July

Mar. ft Sept.Mar. ft Sept.

May ft Nov.June ft DecJan. ft July.Jan. ft Jnlj.January.

Jan. a Julf

.

Jtue a Dec.Jan. ft July.May a Nor.

Feb. ft Ang.Jan. a July.Jan. a July.Feb. a Ang.

Jan. a July.

Jan. ft July.April a Oct.April ft Oct.Ian. ft July..Ian. ft July..Ian. ft July.Jan. ft July.

Jane ft Deo.May ft Nor.

Hay a Nor.

Jan. a July.Ian. ft July.April a Oct

Jane a Dee.Qaanerlj.

I,Mt paid.

Dale.

Jaly, -71

Sept , "TO

July. TODec . , "JO

Oct., TOOct., TO

Jan.. *71

Dec. T»May —TODec, TODec, '70

Dec, TODec. .TO

Feb., 11

Dec.. •»

Nov!, 'to

Fe'b.',"';o

Dec, TODec. TODec. TODec, TO

T^ec , TOSept , TOSept , TOSi.t.,TODec, '70

Dec, TODec. TO1 ct.. TOOct., TO

Not., to

Feb., TlNov., TOFeb., TlOct., '67

Dec. -70

Nov., TODec, '"0

Dec, -70

Dec, '^0

Oct.. TO

July. ••»

Doc, "70

Dec, '69

Dec, "70

Dec, TOJuly, TO

Nov., TOJan., TlFeb., '66

Dec, TODec, TOJuly, TOAug., TOAug.. TODec, TODec, '70

Feb., Tl

Jan., '68

Feb., TlSept., '67

Jan., '66

Feb.,T.May, '67

Dec, '70

Dec, TODec, "70

Ausr., '66

July, '70

Aug., TODec.. TOJan.. TO

Sept., "66

Sept., '66

Nov!; TOJune, '69

Dec. '70

Dec, TODec, TODec, TO

Dec, 'flJniy, TONot., TO

Dec, TOJan., Tl

Feb., Tl

July, '70

Oct., TOOct., "70

Dec, TOD'C. TOJuly. TODec, TO

Jniy. TO

Anrll'TODec. TONot., TO

Jan.. "71

Dec, TOJan., "lOOct,. "»

Dec, TODee.,'W

9

>S

"4'

958M

8

«»iji'

94*e.

8

>S5995644

'»8

ih3H

9

94

7

JM8

"ik

1«^

4

?*<

3

8 ex

"ik6g'd

45

48

4X....

89

si.'

St.

"i89

7«.7

4

V*

"s489

"4'

444464

COMPANIM. BtnekOat-

ForamilezplanalloDofUiletable, stand-see Keutiray Monitor, on the pre-' tng.c.ding page.

PAI'>ld Colony ft NewpoH , Jan. 21 K"Orange, Aleian. ft .Manaas 100Oswego and Syracu»e,' No. 383 .

5"I'aeKfe („l Ml n.tLio No. 386. ...cPanama, No. 275 U'Penijsrlvaula No. 344 '.'

Philadelphia and Eilc,' No. 388.'

do do pref '

Philadelphia and Read. N-i. 343. :

Phlladel.. ft Trenton." No. 299. IK;

,Phlla.,Oer.*Norrl«..' No.2S8... SOPhlladel., Wllmlnit ft Baltimore 90IPltteh. ft Connellsvllle, N0.2S6.. 90lPltt»l>.,Cll'.« St. LonU,No.'255. 90

do do do prel. POPIt'f., Ft.W.ftr guar". No. 749.101)

Portland ft Kennebec, No.35.S' .100do Yarmouth stock certlflcioo

Portland, Saco ft Ports No. '276.10(1

Providence * Woicik.. .Inn.21..1«)Kensselaerfts .293.100Rlrhmondaij': 238.100Richmond * ) <>.23B.iniRome, Wateri. .. ;„ ... ;.^.24e..:(»iRutland, No. an ion

do preferred 100St. Louis, Alton ft Terre Haute. 100

do do do pref.iooSt. ( oui" a Iron MountainSt. Louis, Jackeonv. ft Chlcago'.ia)Sandusky, Manen'd ft Newark*.100Schiiylkfll Valley,' No. 251 50Shamokln Valley ft Pottsvllle* . SOShore Line Railway lOOSouth Carolina No. 243 30South Side (P. ft L.) 100South West. Georgia.* No. 220..KmSyracuse, BIngh 4 N. Y,No.3S2.100Terre Haute and Indianapolis . . 50Toledo, Peoria ft Warsaw 100

do do E. D.. let pref.ioodo do W.D., 2d pref.ioo

Toledo, Wabash ft West. No.255.100do do do pref.ioo

Union PacificUtlcaand Black Klver, NO.252..100Vermont and Canada* 100Vermont ft Massachu., Jan. 31. .100Virginia and Tennessee 100

ao do pref. 100Western (N. Carolina) 100West Jersey, No. 3.50 50Worcester and Nashua, Jan. 21.100

Canal.Chesapeake and Delaware 50Chesapeake and Olilo 25Delaware Division" 50Delaware and Hudson 100Delaware and Harltan 100Lehigh Coal and Nav., No. 256.. SOMonongahela Navigation Co SOMorris (consolidated) No. 254... 100do preferred 100

Pennsylvania 50Schuylkill Navlgat'n (consol.)*. 50

do _pref. 50;Susquehanna ft Tl u water 90!

Union, preferredWest Branch and^ 1 ouehanna. 50

miscellaneona.Ooal.—American 25

Ashburton 50BntlerCentral 100Consolidation Md 100Cumberland Coal a Iron lODMaryland Coal CoPennsylvania 80Spring .Mountain SOSpruce mil 10WIlKesbarre lOO

Peri<MU.

4,95e.O.'0 Ian.* JnlT.3.4SO.TO7

..- '"• Veh. a Ang,

rtn.'a Jniy.' U*y A- Vnv

N. Y. & BROOKLYN CITY PASSENGER RATLR0AD8Prleea by C. Otis. Broker In Local aecnrltles. <7 Excb. Place iSte 8 page* prevlons

Wyoming Valley 100Oos.—Brooklyn 26

Citizens (Brooklyn) 20Harlem 50Jersey City and Hoboken... 20Manhattan 90Metropolitan 100New Tork 50Williamsburg SO

/mpror<m.»H(—Canton 16^

Boston Water Power 1(

Brunswick City ,

KiMrapA—Weat.Unlon. No. 277400' aelll'- A Atlantic 2'£itl>r<»«.—Adams 100

Amer. Merchants' Union 100United states lOCWells, Fargo ft Co 100

£(«>rw<«<i).—Atlantic Mall 100Psclllc Mall. No. 257 100

7Vl4rt.—Farmers' Loan ft Trust. 25National Trust 100New Tork Life and Trust ... 100Union Trust lOOUnited States Trnst 100

JflnfnfiT.—M arlposa Gold 100Mariposa Gold, pref 100

do do Trust, eertlf. .

.

Quicksilver preferred 100do cx>mmon 100

Clar—Pullman Palace ,. .100

i.v.r:.2no

<1.5W.<.V1

1 .798,»262,l«'/100(t ,000.019,««/»10

581.100502.400

l,9on,(»«i

2,000/100s/Mi/mo*jm).tnt8t7.1(«)

8.onn/n)800(1 .OOir

1.8S1 4002,»(io/)nn

2,(Mfl/100lo/w.oon2,478.r4)90(1.222

876/190

5/119,2751,965.60(18.9W.9001314.1901,988.1502,700.0001,700.0001/)00/)00N.TOO.IWi,ooo.(inn

S6.T45.(X»1

1 .Rr^.ooo2..50().ono

2.«<lO,(»iO

2,95" .900555/100

2.237.000

1.400/555

1.IMS.S63

8.229.594i.im.am

i.'i.onr.tm

4,9(19.400

8,T!W>.«10

728.1001.055.0001.175.0(104..9nn.(«io

1 nn«n(>7

2.8R8.97:2.002.7462.907.850i,ia).ooo

1,500.000

2,500,000900/100

2/100.00010.2.50,000

500,000

S.20O.00O

1,250.0001,000,0008,400,0001.290.0002,000.0001,200.000l/ioo.oon."Wi.oon

4,000.0002.800.0001,000.000750.000731.250

4,000.000

4l/)ii8',ioo

a.onoroo10.000.00018.000.0006.000.000s.noo.noo4.000.0002n.00o.0oni.oon.nno i

1.000.00(1

1.000.00(1

1.000.000

I..500/100

S,8Sii,(5on

8.(193.400

3,834/1004.aoo/no

April ft Oct.

I

Jan. ft Jniy. I

QnsrterlT.Jan. ft Jniy.April ft Oct.Mane ft Dec..lan.ft In'y.Apr- 07t.

jJan. a'j'nly.

Feb.'* 'Aug.

Annn'ally.

.Ian. A .Inly.Feb. ft Ang.Jan. ft July.

Feb. A Aug.

.Ian. a jiilj.

Maya Nor,

Jan. ft July.Jiineft DecJan. ft July.

Jan. ft .luly.Jan. ft July.Feb. ft ' ng.Jan. ft Jniy.

June ft Dec.

Feb. ft Ang.Feb. ft Ang.Feb. ft Ang.May ft Nov.Jan. ft .Inly.Feb. A Aug.Feb. A Aug.

Feb. A Aug.Feb. A Aug.

Jan!*ft'yn]y.

Mar. ft Sept.

June ft Dec.Jan. A July.

Ouartcrlv.Jan. a July.

Mav ft Nov,Feb. ft Aug.Feb. ft Aug..Tan. A .luly.Feb. ft Ang..Ian. ft July.Jan. ft July

May ft Not.Jan. A July.

Jan. ft July.Qrarterly.Qnarterlv.Jan. ft July,Qnarterly.

1 Qnarterly.Quarterly.

i.Fan. ft Jniy.I.Tan. A July.Feb. A Ang..Tan. a Jniy.Jan, a Jaly.

Jan. a Jnly,

Qnarterly

Leetpeld.

Dec., 11

Alii!,' "»

D"e. '»Nor., "W

Jan.! TlDec. TOAng., "70

Dec, TODec, "JO

Oct.. -70

Jan. TlOct.. TODec, 10Jan., 11Oct.. T»

Tiil'm

Jan., TlAug.. '70

Jan.. "It

Ang„ TO

Jan., '"71

Jan., TO

May, TO

Joly, "70

Dec. TOJan., t»

Jan.. '84

Pec, 70Jan., TO

Dec, TO

Aug.. TOFeb., TlFeb.. "71

May, -mJuly, *10

Feb., Tl

Feb., inFeb.. tn

Job., ts

Mar., TO

Dec. •«»

Jniy. t»

Dec, TONov.," 70Dec, TO

Nov'.',''68

•""•'

SitAug., "W)Jan., "70

Aug., TOJuly, TOJniy, TO

Nov., TOJoly. '70

July, t(

Jan.. "»

Dec.', TODec, TONov., •»»

Dec, t!Septa's*Dec, TODec, TOAug., TODe.-., "10

Dec . TO

ReU,

"ik

"i

4

'•'

ii-^s

*j.

89ela.9

83M

941085

Not,T« I

NAME OF BOAD. PAR STOCK.

Bleeeker street and Fulton Ferry.Broadway (Brooklyn)Broadway and Seventh Avenae .

.

Brooklyn City .

Brooklyn City and Newtowir. . j^-.Brooklyn, Proapect Park a FlatV.Brooklyn and Rockaway Beaea. .

.

Bushwick (Prooklvn) ;.

Central Park, North ft Eaat RlvanConey Island (Brooklyn)Dry Dock, East '"'•" *

Eighth AvenueForty-second St.a Grand SI. FerryOrsnd Street A Newtown (B'klyn)Hudson A*'enne (Brooklyn)Metropol • an (Brooklyn)Ninth AvenueSecond AvenueSixth .AvenueThird Avenue , I

Vai»Jrtu>tBtreet('<"'i'l. '"> . . J

Dry Dock, East B'dway A 'Battery ^'S 100<l,200.«go— -" 2 1001,000,000

too100

. 100

8100100

o 100» 100

100100100

goo/no300.000

2,100,000IJSKJOCO400/no394,600144,600MUHK

1/W8J0O^,000

LAST prviDurve pa:o.

jnne. 18^..

Oct'.'uw!!!

May, TO, qnarterly™ l)i

748.000 Nov., TO. iemlHinoaai..jm

li-

JOOV

.TO, aemi'aiatiel,,, 10 enaita.-ly,....

Page 20: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

116 THE CHRONICLE. [January 25, 1871;

RAILROAD, CANAL AND MISCELLANEOUS BOND LIST.

Snbserlban will confer a ^reat ftiTor by elvlng u» Immediate notice of any error dlscoTered In our Tabi.

Pages 3 and 4 of Bonds ivlll be pnbllsbed next week.

OOMPANIES. AND CHARAC-rSE OF SECURITIES ISSUED.

For a tali eznianstton of thisT»bl« »« '• Railroad Monitor,oa a preceding page.

Railroad* s

Alabama d Chattan. (Jan. "TO):

at and 3d M. (gd) guar, by Ala.Sutduelian. (Oct. 1, '69)Atbany A i

Ut Mortgage. 18S3.

.

Albany City Loan, 186534 Mortgage, 18611

8d Mortgage, 1869AIM., loud. * Hamp. (Oct. 1,)WIM Mortgage, for (8.0(10,01X1)

.

VcgKenvVaUei/ (Feb. 1. "iS:>

:

General Mortgage .

Ist and 'id Mortgage.

.

endorsedBonds to State of _

AndrOKoagin (J^a.l,lit Mortgage (Bath Loan)

tlUtnttc It (ft. We.ll. (Nov. 1, '69);

Ut Mort., ikg fund (Pa^"

lit Mort.,»kK fund (N. T.)....l»t Mort., nkK fund (()hlo)....

i»t Mort., skg fund (BulT.ext.)fttMorl. (Friinklln Branch)..3d Mort. (Penn.) )

3d Mort. (N. y.) [3d Mort. (Ohio) )

Consolidated let MortAtlantic <t Oulfil&a, 1, 'TO)

:

Consolidated Mort., freeSectional Bonds

Allan, (t SI. Laicrence (Jan. "TO):

Ist Mort. (Port. Loan) skg fund.3dMort. ofAnrin.1851Sterl, Bds of Oct. 1. '64 (S-SOyrs).

Sterl. Bds of Nov. 1, 'S3, i:l(l0,(X)0

BalUmore <t Ohio (Oct. 1, '611)

;

Loan of 1855, skg ftndLoan of 1850Loan of 1853Baltimore Loan of 18.'>5

3d Mort. (N. W. Va. RR.) of '53.

3d Mort. (N. W. Va. UR.) of '55.

Baia. dt Potomac (Jan. 1, 70)

:

Ist Mor' gajte of 1869 (gold)Baydf-NoQ. tk Margupt. (Ff^h.l^i):

Income Bonds of 1866 and 1866..BtWIdere Delnware (feb. I, 'TO)

:

Ist Mort. of 1852 (guar. C. & A.)•id Mort. of 18543d Mort., of 1857

Blue lUdr/a df S. Car. (Jan, 1, TO)let Mort.. foliar, gold

Boston (t Albimy (Feb., TO) :

Albuny Loan (Alb.& W.Stkhce'Mass. Storl. Loans (West'nBK.)D illar Bonds (Western RR) ....

A/,<(., Clint. <* FitchlfniVeh., W);1st Mort. (Agric. Br. RR.) of '64,

Boston, CJlnt..n * Htchburc.Bout., Can. A U07itr'l (Apr. 1, '69)

Ist Mort. (71 m.)3d .M. (71 m. & I8t33)j m.) conv..2d M. (71 m. * 2d 22 « m.) conv..SlnkiUK Fund Bonus

Bott., Hart. A Brie (Dec. 1, '68)

:

Ist Mort. (old)Ist Mort. (new)Ist Mort. inew) gutir. by Erie..Floating Debt, Nov., '69

Mass.L. (Bec,by$4,000,0001stM.)Boston (t Lowell (Kth., '70)

:

OonvertlblR Bonds of 1853Scrip CertificatesMortgaife (whart purchase)...

Brunificirk A Albany :

l8t Mort.((roui) guar, by Ga3dMort,S.F... .;

Butr..Briid. <t PiUsb. (Nov., '69):Ist Mortgage

Biiir., Carry <t Ilttsb. (Nov, 1, '69):

Ist Morti^gc'alo <t Erie—See Lake S. * M.

AmOQBtOnt-

standing

3,800,000

i,00O,0O0

1,000,0008,000,000176,000

77,000

4,000,000185,(X)0

3,5(0,000

436,000

8,513,400

3,908,000

17,579,500

3,000,000341,200

825,006404 200

1,095,484,000

863,350579,500

1,710,5005,000,000458,500140,000

527,000

125,000

1,000,000499,500745,000

4,000,000

500,0001,619,520758,500

400,000

260,500

204,000

150J)00200,000496,000

600,00014,000,0003,000,0007,349,163

3,000,000

56,000366,000300,000

lS,000p.ra

Btfiralo, N. y. ct Erie (Oct. 1,ist Mortgage .

2d Mortgage

,

Burl.,C. R.£Uinnejm.l3vi\i\,'t1st M. (gold) conv. skgrd, tax fr

Burl. * Missouri R. (July, '7U)Ut Mort. (land * railroad)Bonds conv. into prcf.Bt'k (2dB)Bonds conv. into pref. st'k (.3d s)

Income Bds conv. t'j com.stockConvertible Bonds of 1S70ist M ort. conv. on l>r. (87 miles)

Bnrl. <* Ho., in Xebras. (Jan., "70)

1st M. Land ft RR conv..tax freeCalifymia J^miiic (Jan. 1, "70)1st Mort. (gold)

Camden A Amboy (Jan. 1, '70)

:

Dollar Loan for »R0O.ajODollar Loan for ianpinDollar Loan for 1

1 ,700,000Dollar Loan for »2.50O,00OConsol

. .Mort. Loan for »5,000,00(8ter11n;< Loan, £313,650Sterling Loan (new) £369,200. . .

.

Dollar Loan (new)Camden <t Atlantic (Jan. 1, 'TO)

:

l»t Mortgage3d Mortgage..Camdm ABurlit Jan. 1,10);

3d MortgageVamdm ttBurltna. Co.\i»l Mort. (for $.«0.noO)

Ootowlsra (Nov. 1,'69): Ist MortOsdar Falhft iflnneso.i.jAT\ 1 '70)l»t Mort.(C. F. to Wavertv,i4in.ll»lMort.(W.toMlnn.Llne,(i2m.i

Otdar »ip.it.Vi»»OP«.fl.(Jan.l,'7iO)1st Mort. (land grant)

Cent. Br. of U. Pari/lc (Jan. 1, '69):

iat Mort. (Atch. ft Pike s P. RB.)3d Mort. (U.S. loan)

Osntral of Oeorgia (Feb., 1870):Ist Mortgage

Vemtrai or lotm :

, lit Mort. (gold) tax freeCentral ofNeto Jersey (Jan. 1, "TO):

2,000,000380,000

6,000,000

5,057,000600,000

1,200,0001,000,000

1,200,000900,000

3400,000

3;»io,ooo

aW,'!20675,000

1,700,000867,000

4,666,1001,518,0661,846,000

154,000

490,000E00,0CO

886,00039«,B0D

394,000I,2t8j000

7,600,000

\%

Whenpaid.

Wherepaid.

U el

ist Mortgage3d Mortgage

.yortgaije (new)9,."! "h'" <''«l'- "W)

: let Mort.

UtMort. (gold) ...... .

gobord Lien Calif. St. aid (g'd)

S?!.'-Ji 'l".('^'!°,''-1""' U.S.b'dsM jviort' ( '. s. loan)

tkm-lesi. ,t Satannai (Oct Y '''eV)Ik »i.,r!.\ uar. by ft.rarollna).

Ckarlotte'.ja. ,t ^i^. (Jan." TO).UI .MoilKaui'

Ckesnrtt'^' I'A Ohio (Fab.. 'Wi-'"lit M.. TD, B.F.(f(l)for»is^^

7M,000

16,000pm900.000600,000

1,900.000

2,5(»,000

35,881,000l,50U,tX)0

1,900,000

606,000

3,000,000

J. ft J.

J. ft J.M.ft N.A.&O.M.ft N.

M,&N.

J. ft J.

A.ftO.

A.ft O.A.&0.A. ft O.A.ft O.J. 4D.A.&O.A.ft O.J. ft J.A.&0.

J. ft J.

Var.A.&O.A.&O.M.&N.

J.& J.J.& J.A.&O.J. ft J.J.& J.J. ft J.

J. ft J.

A.ft O.

J. * D.M.ftS.F.ftA.

J.& J.

J. ft J.A.&0.A.&O.

J. ft J.J. ft J.

F.ftA.J. A J.J.& J.J. ft J.

M.ft S.

J. ft J.J. ft J.

J.& J.;jan'v.A.ftO.

A.&O.A.&O.

J.ft J.

J. ft J.

J. ftD.M.&N.

M.ft N.

A.ftO.J.ft J.J.ft J.A.&O.J.& J.J.ft J.

J.ft J.

J.& J.

A.ftO.A.ftO.F.& A.M.&N.J. ftD.A.&O.M.&S.

J.ft J.A.ftO.

F.ftA.F.ftA.

A.ftO.J.ft J.

M.&N.J.ft J.

M.ftS.

J. ft J.

F.&A.M.ftN.F.ftA.M.ftS.

J.ft J.J.ft J.J.ft J.J.ft J.

M.ft.8.

J.ft J.

New York

ifew York

Wasb'ton.

New Yorl.

Portland.

London.

New YorkLondon.

New YorkLondon.

Boston.Port ft BosLondon.

Baltimore.

Baltimore

Boston.

New YorkPrinceton.

Charlest'n

Albany.London.Boston.

D OStOD.Boston.

New YorkBoston.New YorkBoston

Boston

New York

Boston.

Boston.

New YorkNew York

New York

New York

New YorkBoston,

Boston.

New York

New York

1890

1877187918761884188218821881

•VO.'?)

18711884

i8re

187518801885189018731885

1909

'70-'71

187718851887

'70-1-6

•69-'71

1875

188-1

1890

1865187018701889

Phlladel.Phlladel.

New York

New York

187318731879

19191894

18771872

187518781879

18851907

1916

1895

New York

New York

New York

Baltimore.

New York

1870187519901890

•9B-'99

18851884

'«S-'9il

COMPANIES, AND CHARACTER OF SECURITIES ISSUED.

For a full explanation of thisTable see " Railroad Monitor"on a preceding page.

AmountOut-

standing

Railroad*

:

Ist .\i. ( \ :.. 1. I . IJu.) Kuar. by St.

zri .Mori. . V;,. ( e ir;i: l;i;.)

8d .Mort. (\:\. (emral I!l{.)

Incnuifi Moit. i Va. ((-nt. lilt.).,

8t ate Loan (Va. Central RB.)..

.

Cheshire (Dec. 1, '69):

Company Bon(lB of '70, '76 & '80.

Chester <t Ch. Jlr../unc.(Jtia. l.'TO):

1st Mort., sinking fundCheater Valley (Nov. 1, '69):

iBt MortgageChicaqo A Alton (Jan. 1. '70):

ist Mort., sinking fund pref.iBt Mortgage2d Mort., income

Chicago, Bur. A Quin. (May 1, '70):

1st (Trnet) Mort2d Mort. (Frankfort) , goldTrust Mort. (Burl to Peoria)..Carthage & Bur. RRM.,taxfreeDix., Peo. & Han. RR., tax free.American Cent. KR., tax fri-e.

.

Peoria & Hannibal KR.,tnxfreeKeokukft St. P, 1st M, s. f. tax freeCT(coo(7, CVn.(fcZo«(i^t).(Jan.l,'70):iBt Mortgage, 1867

Chic., Dane. AMncen. (Apr. 1,'69):

Ist Mort. (gold) sinking fund...Chicago, loica A yeb. (.Ian. 1, '7(0;

l8t Mort., guaranteed , 18602dMor(., 1863

Chicago A MilwaulceeiJxiiiCl, '69);

Ist Mort. (C. & M. RR., 45 miles)2d Mort. (M. & C. RB., 40 milee)iBt .Mort. (€. & M. BR., 85 miles)

ClUcago A Northicefit. (June 1,'70;:

Preferred Skg Fund (on 193 ra.)Interest Bonds (fund, coupons)1st Mortgage (general)Extension BondsIst Mort. (Gal. ft Chic. Un.RR.)2d Mort. (Gal. & Chic. Un. BR.)Mississippi River Bridge BondsElgin and State RR. Bonds1st Mortgage (Peninsula RR.)..Cons. Skg F'd B'ds, conv. 'till '70

Equipment BondsEqutpment BondsIsf Mort. (Belolt & Madison RR)Winona ft St. P. iBt Mort., guar

do do 3il Mort.. gnjir.Chicago, n. I.APaciftc (July, 'TO)

Ist MortgageChicago & Southtcestem :

lBtMlrce(g(l)suarhyORI&P.cnrchiUicnthe A Jlrunsw. (July 1, "70):

let MortgageClnciii ., itam . A IMiit. (Apr. 1,'70)

iBt Moitgage of 185S2d Mortgaee of 1865SdMor*. '67(8. F.,J25,000v early)

Cincinnati A Indiana (May, '70):

Is' Mortiai

IHTXBXeT.

Charl«9t'n

New YorkI

1896

MOO

2d Mortgage, guaranteedCincinnati AJfartiiisr. (Jan.1,'70)iBt Mortgage, guaranteed

C'(K(;n.,flteAm,<tCAic.(Apr.l,'70):1st Mortgage, guaranteed2d Mor'ga;:e

Cincln., Sand.A Clere. (July '70):

let Mort. (Sand. & Ind. HE.)....iBtMort. (S.,D. ft Cin.RR) "55...

Isi; Mort. (Cin.,S.& Clcv.RR), '68

Cincinnati <fc Zanesv. (July 1, '69):

Ist Mortgageaev.. Col., Chi. A Ind. (June, '70):

Ist M. (C, C. & C. RR) »25.000 a yriBt Mort. (Bell. & Ind. RR.)2d M. (J. P. & C. RR) dne Oct.'70.Ist Mortgage, new, S. FCleveland. Mt. Vernon A Del.1st Mortgage (gold) tax free...

Cleveland A Mahon. (Jan. '70);Ist Mortgage3d Mortgage1st Mort. (Hubbard Branch). . .

.

Cleveland A Pittsburg (Dec. 1, '70)

:

2d Mort., for »1,20(),000

Sd Mort., for 12,000,(100

4th Mort., for »1.200.000Cons. Skg F'd Mort.for »5,000,000

Col.,Chin.A Ind. C«i(. (Apr.1,'69):2d Mort. (Col. & Ind. Cent. RR.)Income B'ds (Col. & Ind. C. RR.)Constru. B'ds (Chlc.ft (it. E.RR)Income B'ds (Chic. & Gt. E. RE)Union & I 0£ran«"'r.. l8t Mort...CouB.lBt M.SkgF'd for f 15,000,000Consol. 2d Mort. for |s,000,0()0. .

.

Colutn. A ffocking V. (Jan., '70):

Ist Mortgage, S. F., 1867Columbne A Xenia (June, *69);iBt Mortgage

Connecticut River (Feb., '70):

l8t Mortgage, sinking fund, •58.

Connec. A Pfis^^im. R. (Ang. 1,'69)Sinking Fund MortgageNotes ((;oun,in) tax free

Connecting, Phila. (Nov. 1, '69):

1st Mortgage, guaranteedOinibei'landAPennjiyl.(Tvh.,*i[tyl8t Mortgage2rt Mort.. (8kg fund, $20,000 a y'r)

Cumberland Valley (Feb., '70)1st Mortgage2d Mortgage

Danv..lirb.,BI.APelcin{J\x\\\,^e/Siy.iBtMor*- 'fold) conv., S.F., free

Dayton A 3ftchigan (Apr. 1, '70)-

IstMort. ,8kg fund, $30,000 a y'r.2(1 Mortgage8d MortgageToledo Depot Bonds

Dayton A Union (July 1, '69)

;

l8t Mortgage2d MortgageIncome Mortgage

Datitnn A Western (July, '69):

1st MortgageI9t Mortgage

Delatcare (Jan. 1, *70):

l8t Mortgage bondsState Loan Bonds.,Guaranteed liondsKxteiiBlon Mortgage Bonds...

Del., Lack. A Westernlflov. i, '69);1st Mort. (Lack. & Western RR.)

-11'«'?""? Sfe^fllCEast. Ext. RR,J_3d Mort. (D., L. & Wast.) free.

lOO.OOOStKi.tKKi

0S3,(« t

30(l.l«l

210,000

791,500

600,000

500,000

356,0002,400,0001,100,000

3,026,000941,000400,000600,0008(io,oai

738,000600,000

1,000,1100

1,000,000

16,000pm

592,000218,000

397,000182,000

1,129,000

1J!49,500

7M,0003,592,500184.000

1,807,000985,000200,000986,000853,000

2,077,0001(U,000(25,00035-1,000

6511,000

614,000

8,376,000

5,000,000

600,000

1,250,0005lli;,000

282,000

5' 0,0001,600,000

400,000

660,00066,000

360,000997,000

1,061,85)

1,300,000

350,000651,000176,500

1,999,000

1,600,000

716,500488,300

101,000

790JS001,358.000l,C96,0(Xl

528,000

821,0001,248,000400,000300.000

3,eoo,oo«

1,300,000

248,000

360,000

600,000295,000

1,000,000

876,0007«9,ocn

in ,00010»,SOO

3^,000

3,766,000M2,0007W,000169,500

140,000iS5,000362,446

278,000440,000

900,000170,0WuiwoIOTJSKI

564,0001,111,0001688,000

Wbenpaid.

J.ft J.J . & J

.

J.i J.,1 . .«r J ,

J.ft J.

J.ft J.

M.& N.J.& J.A.&O.

J.ft J.J.& J.M.ft 8.M.&N.J. & J.J. & J.J. &J.A.& O.

J.ft J.

A.ftO.

J.ft J.F.&A.

M.&N.Var.

J.& J.

F.ftA.M.&N.F.&A.F.ftA.F.&A.M.& N.J.& J.J.& J.M.& S.Q.-F.A.&O.M.& N.J.ft J.J. &J.Mi&N.

J.ft J.

J.&D.

M.&N.J. & J.J.ft J.

J. & 1).

J.& J.

J.& J.

J.ft J.J.ft J.

M.ft S.

F.&A.J. & D.

J.&D.J.ft J.A.&O.

J. ft J.

F.&A.M.ft S.

J.ft J.

M.& S.M.ft N.J.& J.M.& N.

J.& J.M.& N.A.&O.J.& J.J. & II.

A.&O.F.&A.

A.&O.

M.&S.

M.&S.

J.&D.J.ft P.

M.& S.

M.& S.M.ft N.

A.ftO.A.&O.

A.ftO.

J.& J.M.&S.A.&O.M.ft S.

M.AS.J. ft D.J. ft D.

J.ft J.J. A J.

J.ft J.J.ft J.J. ft J.J.ft J.

J. ft J.A.&O.U.AB.

New York

Boston.

New York

Phlladel.

New York

New YorkFrankfortNew York

Boston

New York

New York

New York

New York

Wbcrepaid.

New York

New York

New York

New York

New York

New York

New York

NcwYork

Boston.

New York

New York

New York

New York

New York

Sias

Sir

18801S72IH-I

1876'96- '94

'TO-'BO

1877

1890189018791^8918781878iir.9

1887

1909

18801892

18741874

18831885188518821875188418781898191518741871

New York

New York

New York

Boston.

Boston.

Phlladel.

New York

PhlladeL

New York

New York*t

New York

New YorkM

New York

Phlladel

1896

1899

1S89

1880

'77-'S7

1895

18951889

187719001890

•71-'86

'70-'99

1870

190O

187318761873

ISTS187518921900

18..18..18..

18..190519081909

1897

1890

1878

1876'76- 'TV

'00- '04

1891

187918791879

19051906

IffTS

1876

New York 1871/1876'

.WW.

Page 21: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

January 28, 1871.] THE CHRONICLK. 117

RAILROAD, CANAL AND MISCELLANEOUS BOND LIST.

aabarrlbera yrtll eonOsr a sreat niTor bjr kIvIdk oii Immediate notlre of any error diaeorered In oar Tables,Pace* 3 aud 4 or Honda tvlll bn itiibtialird next Mrerk.

COMPAMIKS, ANI> CHAItAO- I

TKB OF 8KCUU1T1K8 18SUKD AmoontFor ft nill oxplidlHtlon ot this BtAndlnirTublo »« " Itnllroad Monitor'on a procodlug pfttf«.

Rallronda:

.S8J....

111. 1, TO):• v.Ubla...

• V loiula^ KU.).1(0

. u (Fob. "TO;:

I Ur.. 1883• 1(1/ i Dec, TO):L (llvUlon)U l2d division),(«(.(Jan. l.TU)

li-

stDjiHl.i

Sd do

1st M1>'

Dul,imCi.

Du"m >i

Ul M'jruui^i'. preferredDuduu <t Cbluiitbht (Jul. 1, *n):lu .Mort^u^e

ikl«l/n-'i .IV.-- 1, '68):

Mh- III utllanSt iilbloD..I .lile

Kasex uiiiii.'.kU UuudaHaw MorliiaKo i-

EoMt Pmiui/lcaaia (KeU., 10):Ut Mart., HlnklUK fund, 1838 ... ^

San leiui. .t aeoryia (July 1, 1U):Mortgat^u (old)Morttfaifo (now)

SItubahtoan A PailacahStm. it menup't. (Feb. 'Wist mdptir Cditt Bood-i

Bru Sailway (Oct. 1, TO)

:

Ut UurtgtmeaUortKaK». courenlblo ...

MurtKHKOMb Mortjfatfe. convertible...5th Mortk{a){e, cutivertlble...BatTalo Uruiicii UoudsSterllnit convertible, JEl.OUOAW-

Srlt <t PilUliiirg (Feb. 1, >W) :

Ist MortKiitftiM M.in;;nu.-: ' '- - ;«•_• -ax.

,„;:;(

la' ..inKLlen)Sei ict.l,';t)):

ISI i.l.iHK «. ... iT-iivlCV. * 111.)

1st UortitikKc ol 18;>t (Kv. & C).1st Mort. (ttoclvvllle extension)

Ecat

2.i

II'-.: Urgon <i yatUv.

;»««.(J«n.l,TO>:ii

F.Fu-

ll ,Mjni;..j,-PredericMturu

'>'>rtKa«e..hxlie:

tt OordowiviUe :

Ut ^lorr. H K . tax free (gitl"!

Mayl.'flS):>) p. m.) ,

Jan.ii'ii));

rt. H'

1^

Oe-.Or. ::

1st .M'jrli-in... .ij.iM.. Knar.,Cfrand Jiicer ValUy (May 1, '68):

1st Mort. (guar.) for t\fx6ff!B..OretmiUe Jk C'o(ii»tI>(a((>ct.l,'69):

1st MortgaKOBonds guar, by State of 3. Car..CeriUkcates, ffoaranteed

Barrltb. <t Laiicaater (Not. 1, '69)

lit Mortgage, KuaranteedSartfortt Jk N. BaMn (Feo., Tli):

1st .Mortgage, 19S3Suiinib tl <t NafiUn (Jan., 18TO)

:

Isi Mongage, 1868Unnntbal i ^.Jottph (Jan.lS.'W):Land (}raut MortgageConvertibleElgbt per cent Loan .

.

Ten per cent LoanMort. BoniU. ISTi), conv.tas freeIstUort. (linlncyiPalniy.HB.

U. iSe Cam. KR.))•AtiH (Fob. 10)1nxi m.),.,99.0»m.)

1st M>:t, (KJul'U1=

li6ll*f':'- "- .'

UtMurt,|tM{e—BoutatoiM (Jan. 1, *7a):

Ist Mortgage, sinking fund. .M MortgageBouiton it Tex'U Ctnt. (Feh. TO;:lat Mort. L. O.. 8. F. (got 1) 18M.

Bmlmn Rlcer (Jan. "TO:3d Mortgage, sinking fund3d mortgage

BunUngil. ct a. 7b/>Jft.(Feb. TO):Ut Mortgage2d MortgageConsollaated Mortgage

lUlnoia Oruritt (Jan. 1,^711):

ConstructionConstructionlietlnmptlon. l^t A 3d scries...,Il-- ' "1 erles.sterllng,

In-i ''ton it WailI..- ,'iivort.,taxfrec,

Indi: .*£«A.(May, TO)1st Mul'tgagc, 1861,

1st Mortgage, IMSmMort. (Ind.a Clnc.l.iass....

lndtan.Craicf.it Da»9.(_A*jl,'^)tUt Mortgage (gold)

Imtinnap. <t KlncenneKFeb.l.W):Ut >r>rti:ak"Mrnar

JO' I eb.Ti)):'u: .

i*x tree/r'<»i./ • .'v/Y N linii 1st Mort...Jaclc.. Laiu.^ Hatmaw (Jaa.l,'<l»:

Ut Mortgagetd Mortgage

,M'>W««»<">'^^>'<"^'''<(N0T.1,'IU)|U Mortcagatd Mort.

a,900,ai»

S?:ii51,911 tat

ei,MD190,000m),<no100,(XK)

1)410,0004,eao,ooo

800,000eoo,ooo

490,000100,000

1,000,000

ais,aoo4a),oao738,300314,000900,000

409,900

640,000136,400

1,000.000

910,000

S.000,000

4,000,0006,000,0004,441,00091^6.500

U6,1004344,444

800,40016J,W0

1,613,000

3,000,000gold.

1,000,000

8!n,oao

70«J00190,000

1,000,000

381,000OifiOO600,000

W0,000

8M,000

1,000,000

615,500

4,000,000

303,000806,900

43»,3»3

700,000

937,000

«3S,(100

1,480,00090,000

1,834.000!IO4,000

1,300,000900,000

1,300,00C

481,000

1,574,500

900/100

191,000100,000

3,600,000

3,000,000188,000

416,000367JOO

i,ooujaoo

3,1ST,1100

3K,0003,500,0003,500,000

8.ooo,in)

3,730,0001,071,000

1,900/100

lAOiOao

1,490,000

1,000.000

lao/w

i,«8,ooa400^10

900,000su^ooo

77

6*767787

M.4k N.

M.aN.M,*N,J.* J.)i/.4tN.MAN.

UfiA.AIF.A A.J. dt J.

A.ftO.A.AC.

J. A J.J, A J.

A.AO.J. A J.

J..AJ.

Q.-J.J. A J.F.ft A.J. ft J.M.AS.

M.AS.

J. ft J.J. A J.M.AS.J.A J.A.ftO.

M.AM.M.A8.M.AS.A.AO.J. ft D,.1. ft J.M.&B.

J. A J.A. to.J.A J.

6 I J.(AJ.

J.A J.

J.A J.M.AM.F. AA.

J. A J.

M.A N.J. ft J.M.ft 8.M.AN.

M.AM.

J.A J.J. A J.

J. A J.

J.A J.

J.A J.J. A J.

J.A J.

J.AJ.

M.AK.

A.AO.J.AJ.

J.'a J.J. A J.F.AA,J.AJ.

J.AJ.J.AJ.

J.AJ.

J.AJ.F.AA.

J.AJ.

J. AD.M.A M.

A.AO.F.AA.A.AO.

A.AO.A.AO.A. A (>.

A. A O.

A.ftO.

F.AA.J. ft D.A.AO.

F.AA.

J A D.M.AH.

J.AJ,M.ft N

Var

Now York

Ma«,Tork

M

NewYork

New_Tork

New York

New York

Maw York

Boston.London.Boston.

Ptalladel.

New York

New YorkPhiladel.

New York

Loudon.

New York

N.TALon.

M.Y'.ALon.

NSwYork

New York

New York

t35,000 yea

*4

New York

New YorkAugusta

New York

New York

New YorkCliarlest'n

Ptalladel.

New York

New York

Frovlde'ceHartford.

Pblladel.

Bridgeport

New York

New York

7hiladal.

New YorkN.Y.A LonNew YorkLondon.

New York

Hew York

New York

New YorkVblladal.

u

ins

II

V .

18731*13187118M1878

18771898

1883

1908

'69-T41873187418T6

1880187618901880

1877

188S1880

18911875

18831890

1897

188018871^88

rly.

1899

1889;o-*86

1899

1886

1886'81-'86

1883

1883

1873188918931893

18761876

18TI1888

1891

18881879

18701879

UTS1878189018IS

1910

1899UW1888

I9C818..

1887

1807

CllMPANIKb, AMI ( )IAKAO-{TKK OF HKCL'UniKM lb8UKD.|Aiiiaunt— Ool-For * full eiipUnatlou of thtaUundliuTable Me " Railroad Monltor"'^^^on • preceding page.

Rallroada>J«9., Maa.^ IiitHanap. (Jan., 19):1st Mort. (Ind. A Mad. KR.) ....

3d Mort. (Joirenonrllla RK)..,Ut Mort. (J., M.A Ind.RR)....Louisville (endoraed) Bondt ...

JoNet it Vhliaao (July I, '»):Ut Mort., sinking funcl gnar,.

JoUet it N. Indiana (July 1, «):1st Mortgage, guaranteed

./«nc<(on,(^no.Alnd."(JulyI,'6»):Ist Mortgage3d MortgageUt Mortgage (Newcastle Br.).

./uncMon, "riilla." (Jan., TO):1st Mortgage, guar., tax free

,

3d Mortgage, tax free ,

«ic))fc (Jan, TO)

:

1HI I'll irpunt u'VKanta» _ .

Ijv al. (gold) Id grant, s'k'

Kentuckv Central (Jan. 1,•',

Ut Mor 1 (Gov. ft Lex.)...Mort. (1,0V. ft Lex.)

[Td

yort. (Cov. ft Lcx.3 ,

Lackawan.A Btoofn»b.iXti\i,tlfiy.Ut Mortgage3d MortgageUt Mortgage (extension)3d Mortgage (extension)Income

Lake Krie it louUwtlle (J uly l,t»):1st Mortgage

Lake xli.AMMt. .%«(A.(JuneTO):Bonds of October 1, 1869Ut Mort. S. fund M. S. ft N. I.

2d Mortgage M. SUt MoiC (D., M. A T. RR.) ...

1st Mort. (C, P. ft A. BB.)2d Mort. (C, P. A A. KB.)8d Mort. (C, P. ft A. UK.)Lake Shore bonds, April, !869.Junction RR bonds, Dec, 1893.

1st Mort.(C. ft Tol. lilU s'k'gTd3d Mort. ((\&ToI. RR.)...Bufl'alo ft Krlc. Nov., I85S.,

do do July, 1863..do do Sept., 1866do do April, 1868

Dividend BondsConsolld Mortgage, 1870, coup,

do do reg..Lake Sup. it MiMDeippI

:

ist Mort. (gold) for 14,500,000...Lawrence (r eb. TO) :

let MortgageLeaven-, Lawren. it Ga(.(Jan.,TO)

1st Mortgage, 1869Lehigh it Lackawan. (Nov. 1, '60):

Ut Mortgage, tax f)ree

UMgh Vallei/ (f eb., TO) :

1st M. 1858 (exchange for new).let (now) Mort. (tax ft-ee)1888..l8t Mort. (Hazleton RK.) 1863...

Little Miami (Feb. '70):

Ut MortgageUule Schui/Om (Jan., '70):

Ut Mortgage, sinking ftlndiOHo/«la;id 71870):Ist Mort. (II. Point extension)..Ist Mort. ((jlen Cove Branch)..1st Mortgage, new

Loiiisv., Cin.it Lexing. {Jvily l.'TO);

1st Mortgage, Cln. Branch3d MortgageUt Mori., Loulsv. A Frankfort.LouiavUle Loan

Louintiile it yaahville ( Feb. '70):

1st Mort. (main stem)Louisville Loan (main stem)..Louisville Loan (Leb. Br.)1st Mort. (Memphis Br.)Ut Mort. (BardBtown Br.)Ut Mort. (Leb. Br. Kxten.)Louisville Loan (Leb. Br. Ext.)Consol. 1st Mort. for $8.000,000..

Macon it Brunswick (Jan. 1, '09):

Ist Mort., guar, by GeorgiaMaine Central (June 1,

orgla ...•687:

i. BR.)..81,100,000 Loan (A. ft KIst Mort. (P. ft K. BR.) .

2d Moi't. (F.ft K. RR.)8400,000 Loan (Maine Central),

Marima itCineinnali (Feb. "TO)

1st Mortgage, dollar1st Mortgage, sterling3d MortgageUt Mort. (Bcloto ft Hock. RR.).

MempMt it CharUnion (J uly I ,TO)

;

1st Mortgage3d Mortgage ^Tenn. 8t«taLoan

Memphii it Utile Bock (Jan. l.TC)Ut Mort. (on road a^d land) ..,

Arkansas State LoanMichigan Central (Jnne, "70) ;

Ut Mort Convertible, sink fund1st Mort ConvertibleUt Mort Starling,! non-converti

Milwaukee it £1. Au<(Jan. l,TO)iUt Mortgage (STUmllea)2d Moi-ljiU t' (iril»imles)

1st Mori. (E Dlv l>aUuc»iUt Mort. (Iowa A .MlLC.,£iUm.)1st .Mort. (Mlun. Central) ....

1st Mort. (1'. (In C.,2S5 miles)2d Mort. (P. do C, 336 mllaa) ...

Mllwaakee CityMllwaakec an(i Western

Mineral IWnt (Jan. 1, TO):1st Mortgage

Mt'iiMipm Central (Sep. 1, '68):

1st Mortgage3d MortgageTenn. State Loan

MUil—lppi <t Turn, (Oct. 1, 6i>:Ut MortgageConaolldated Mortgage

JBssOMrt a,«*.ct 6!u7/rjan.l,TO):Ut Mortgage for KfiOOJXO

.

Mi—ouri ValUii:

6,900,000

198,000

tOOfiOO900,000

400W>300,000300,000

900,000 7

Ist Mortgage (gold) ,

Mobile it Girnrd (June 1, IWsUt Mortgage3d Mortgage, endorsed

MobUt itVKlo (Jan. TV):Ut ortgagu, sterlingUt Mortgage, sterlingInterest BOBdaInterest Bonds, starUnclM«iB«B«adh •.,•.••»•

3,000,000

300,000

1.089,0008,360,000134,900

1,489,000

795JOO

175,000150,000

1,500,COO

8,00(1W>1,000,000

83,00(1

100,000

1,434,000849,000239,000267,00027Ji0088,000

333,0002,300,000

10,000p.m

1468,60001400800400807,700

2.149,9001,060,0003,500,000

800400

1,2934001400,0001411481

1400400900400

34914005*7400447,489

8,4874001416400798400

S,7te40O308400

8,n240Q 81,1>.9400384,000

3,415400

930400 10

149040014814001,2)8480

l,KIB,10O

•8400

8,110400

1,181,600799440

Wkanpaid.

It.AN.A.AO.A.AC.A.AO,

J.AJ.

J.AJ.

J A J.MAS.J.AJ.

A.AO.A.AO.

M.AN.

J.AJ.A.AO.M.AS.M.AN.J.AJ.

J.AJ.

A. ft I).

M.AM,M.AM.F.AA.J.AJ.J.AJ.A.AO.A.AO.J. AO.J.AJ.A.AO.M.A N.J. ft J.M.A S.A.AO.A.ftO.J.AJ.Q.-J.

J.AJ.

F.AA.

J.AJ.

M.A N.J. AD.A.AO.

M.AN.

F.AA.M.A N.M.ftN.

J.AJ.A.AO.J.AJ.J.AJ.

J.AJ.A.ftO.M.AM.M.AN.J.AJ.M.AM.A.AO.A.ftO.

J.AJ.

F.AA.A.ftO.F.AA.J. AD.

F.AA.F.AA.M.A N.M.AN.

M.AN.J.AJ.J.AJ.

M.AM.

A.AO.A.AO.M.AS.

J.AJ.A.AO.M.AN.J.AJ.

f.'aa.F.AA.M.AS.J.AJ.

M.AN.F A A.J.AJ.

A.AO.J.AJ.

J.AJ.

F.AA.

M.AN.M.AN.

I1.AN.UM&.

Bev TorkM

M

Kaw York

New York

Naw York

Phlladal.Philadel.

New York

Naw V ork

New York

New York

New York

New York

Wherepaid.

New York

Sew Yort

New York

Pblladel.

Ptalladel.

New York

Ftalladal.

New York

Louisville.

New York

New York

Boston.

Bangor.Boston.

Baltimore,London,

Baltimore,

Naw_York

Naw York

London.

New York

New York

New York

Naw York

Mew YorkMamphlc.

Naw Tork

MobUa.Lou'ioa.MobUa.London.tU0Mtt>

un

UK

ins1880

187*1888

ilS1814188018181898181318881888iim18831886189818N

1896

1818

1899

1897

181818981873

1883

1877

189018931898

ieifi

1900liu

68-T1w-'sr1888T0-T51818

so.'as18981898

1881

•90'»t18MI8nTD-Tl

1891189118961896

18801888

188?

laea18111813

118818N1874anim1888ins

18a

ISMM

Page 22: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

118 THE CHRONICLE. [January 28, 1871.

tt.)t €0mmzxc\a\ ®imcB.

COMMERCrAL EPITOME.Fbidat Night, January 27, 1871.

The markets for the past week have not been active,

except spasmodically, and ia a few sUples. The expected

early surrender of Pi.ris has unsettled views respecting not

only many acticles of merchandise, but the future course of

general trade, and there is a disposition to await develop-

ments. Money has been very easy, and the wants of the

country appear to be great, while the exports of pro-

duce and manufactures axo unusually large, and yet there

is much complaint of dull times. It is generally admitted,

however, that the prospects are good for a steady improve

ment with the opening of Spring.

Petroleum h;is been more active, especially tor future

delivery. In the latter line, very large contracts for refined

have been mnde at Philadelphia, for the next four or five

months, at 24|@25i- for early and late delivery, closing

firm in this mirket at 25^c., with crude held at 15c. Oils

have been without important feature, except more inquiry

for Linseed Oil lor future delivery. Naval Stores have been

firm, with a large busi.aass in Rosins for export, strained

closi-g at *2 30.

Fruits have been generally active, but mainly Raisins, at

higher prices, 30,000 boxes having changed hands at $2 62^@2 65, now held at 12 70. Southern Dried Apples, iu a

large line, sold at $4. Fish generally firmer, and George's

Cod advanced to 17 75. Hops met with a brisk brewing

demand early in the week, and closed firm. Hay dull, but

firm.

Whiskey has arrived more freely, and closed dull at 95c.

tax gold. It is again proposed in influential quarter s to

advance the excise to $1 per gallon.

Of Provisions, Pork and Lard have experienced wide

speculative fluctuations, but on the whole show a decided

advance. The export of hog products this season is more

than donbled, as compared . with last year, while the house

oomsumption is considerably increased, it is believed, there-

fore by operators for a rise, that prices must return to about

those of last season, which averaged 30 per cent, above

those now current. Mess Pork advanced to $23 25@23 38

for the Spring months, but closed to-day quite flat. Lard,

which sold yesterday iit 13^c. for prime heavy on the spot,

was quiet to-day at 13;^. Bacon has been more active, at

improving prices, but clones unsettled. Beef is dull anddrooping, but Beef Hams have brought full prices. Butter

and cheese quiet and unchanged.

Wool has been much more active, especially in low fleece

and California. Receipts are smaller than last year, and: stocks are somewhat reduced.

Freights have been fairly active at the reduced rates pre-

viously noticed, and the tendency at the close is slightly

.upward. Our harbor is now badly obstructed with ice,

which delays vessels unloading and getting ready to receivecargoes. The Liverpool steamers are now getting 5-16d@3-8d for Cotton and 6^d for Wheat. We notice two grain(Charters, tne last at 78. to Uoi-k for orders to the Continent.Charters for Peiroleum and Staves have been more active.

Tobacco is without essential change. In Kentucky Leafthe poor assortments check business, the new crops beingetill kept back by the cold weathcf, which prevents its

being prepared for market. The sales for the week havebeen scarely 500 hhds., of which 103 hhds. for export andthe remainder to dealers, cutters, &;c. Prices are about aslast quoted—low to fine leaf, 8@12c., with lugs quoted at 7@8c. Seed Leaf remains quiet for want of stock to operatewith; the sales have been 201 cases Pennsylvania at 20c.,and 140 cases low to fine Connecticut and Massachusettswrappers at 32@70c. Spanish Tobacco in better demandand firm ; sales 500 bales Havana at 85@$1 05 currency^aty paid, and 33 bales New Yara, on private terms!

ictured tabaoco in good demand and firm.

Kxports or IieadlnK Artlolen from New Vork.

The following table, compiled from Custom House returns,

shows the exports of leading articles of coraraerce from the

port of New York «inoe January 1, 1871, to all the principal

foreign countries, and also the total export of the same- articles

for the last week and since January 1

3 3 s 1^1

•5 ^ • "*^S

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Page 23: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

January 28, 1871 ] THE CHRONICLE. 119

rbe 'ollowi.ig table, compilflH iroin UuKtoin Hniiae retarai, nbo**{

tbal.irei,(ii..apjlUoicartaiuUikdiU(; irlicUiiuf coiumurCH atlbii port|

fartlialMt waak.iineo /«n, l,l8Ti,«ad lor tbecorraaponding period

in 187ii:

tTM Utttntlty la^iTen in otiifageawlien nototliafwUetpacHed.)

For

wtt«k

OblDii, tilut AndE*rllioi»w«r»--

Cbllia.Vartlifluware...\iUiMOlauwareetaa* pUi«

5uttou«Coal, loutCoco*, bajnOolToe, bajca(JottoD bAl«BDrnjta, Ac—Bark, PernvUoBle» Dowders .

BrliUHtona, loDiCOCtlilttiAl

CreKui Titriiir..

Mmbiur0am«.crade....Ottui, Arahlc.IndltfuUiuluarOIU, xaaentUI

.

Ull, UllTeOpiumSuita, bl-carb..BoiU, salSuda, aah

FlaxKursOnnuy clottiIlairHemp, balM....Hides, *c-UrlsUesHldea, dr<*aBed.

tadla rultbor. ..

ToryJaweiery, 4c—JewelryWatchea

Llli8e,^il

lioiassca

N:,aMU,7«7

e»lMlm11-^

1«,4M31

Ul,UI

MS96

IDKtISOa

SI»

i.VOI3K

9MiS

"ii

1,010

87,4413111

BIneaJan. I,

1871.

u,aw!,»<«

TUUMt

I.Ml9in

N,aii«

MOtlVQWmHitaIM

1,017tu

is,auo

9,741i.a»1JT7

y4,9904.039

47

398

S1.S18811

Samslimeimo.

«a3.0U

891

•W899IJMijn41#1

908

688:1889

"I'il

3)u8.>9

3S9

1,181

133»,S5

3,9 '3

1 '

n4065»57

1J70

1J»3U4,119

7118,U»t.lHl

MaUla, *o-cntlaryHardwareIroD, UK bara.Lead, pip...SpelterHteelTin, hoxea...Tlu Blalii. Iba

RaK*Hngar, libdi, left

fbbiaduvafH, boxea AbaK>

TeaTobaCtiO....WasleWlnea, «o—Ctiainpag'e.bkaWlne»

Wool, bales.\rtloleBicport*dby value—

Cmar*Curkat-'Hiicy KoodaFlahFrului, Ac-Lemonsuran^esNutsKalslna

HIdea ondreaaedRiceSplcea, Ac-Cassia.

.

GingerPepper

Saltpetre....Wooda—CorkFusticLoevoodMahogany

5,7257,:!»4

5J,6Si81X16

Kicelpt* ••( i>.«itt«aaic tTuauca t->r t le IVeeM a.ixl aluteJail. !•

fhe raceipta >f domastie i>r»(luce r>r tbe caek and aioise Jan. 1

tad for th« Baiae time in 1870, hnve hean aalnU'twa:

il»he8...pkKS.Breadsluffa—Flour .hbls.Wbual .bus.ComUatslyeHarlcy. Ac.Qraaa seed

.

beanaPeaaC. meal.biila

Cotton. bales.Hemp. .bales,aides ....No.H<>P't...baieA.Leattter .aldeaMolaaaaa bbls.Mava; Storea-f:r.tQrp.bo>.Splrlta turp

Tar...,::::::Plteli

Tbiaweek.

SinceJan. 1.

130

e3.7«S4li,l!<3

iu;,u*i

5.ire9,2tKI

e.iSDUM

2ll«8|

4,589!

W548,7193,473

182404

4,514

48

407

398,088Wtl,3Sll

884A«18},83«

40j28,91338,7 ;o

31,3871,311

1J.^S4115>t0

483«j8iI3

3,»nnS,486U,<39

1,1838,71883,«»

838io

Sametime 10

I87,9'M

188,^

119:066'319

94,95',

17,7876,ll»36>l091,7(11

Itil)

17.936:3 353

349,30015,9>«:

1411

4,1811

»7,3SJ3,8353^6

Oil cakt), pkKS...,on, lardPeanuts, baea. . .

Provisions—Kncter.pkga....CheeseCutmeat-i

,

K«a»PorkBeef, pkjrsLard, pktrsLard, kegs

Rice, pk^s.StarchStearlnesuuar, hbds.. Act.Tallow, pk\iiTobacco, pki;s..Tobacco, blida..Whiskey, bbla...Wool, balea

.

Dreaeed bogs N o.

Thisweek.

2110

TO3,880

5,-*7

8,7T«i,69JIl.i4ll

3.0O-.I

8,7.'.7

570im

4,3M

£955;l«

1.J57875

3,.'i9il

I,U^9,391

SinceJan. 1.

l,!isa

315lOAii

4J,183'36,900

28,108ll,i)35

3a.t37iM.ftll4(i,:«3

3,0103.331

14,011

6,1483.lbl6.«051091

13.08.1

6,9364-i,33U

Sametime "lO

9,183144

4^SHi 6,47013,H*6,.'>ll9

31,4019,7117

II ',907

tSl1,480

!1.64li

Ml107

3.1833,910

•370

If. 3496.0t.S

S6.576

COTTON.Friday, P. M., Jan. 37, 1871.

ar special telegrams received by us to-night from theSouthern ports, we are in possession of the returns showing thereceipts, exports, &c., of cotton for the week ending this eveningJanuary 27. From the figures thus obtained it appears that thetotal rticeipts for the seven days have reached 150,800 bales against140,887 bains last week, 132,585 bales the previous week, and 139,631bales three weeks since, making the total receipts since the first ot

September, 1870, 2,198,213 bales against 1,730,500 bales for the sameperiod ot 18(59, showing an increase since tjeptember 1 this year ot

487,704 bales. The details of the receipts for this week (as pertelegraph) and the corresponding week of 1870 are as follows :

BS0IIPT8

Rao'd this week at— 1871. 1S70.

.lew irleana baleaMobile

53,01»niOJ13.117

39,35310,9..1

I ,.37

43,79*'

CharieatonSaranoabTexaaTenneaaee, Ac

9.81818,53810,8876,511

BKCBIPTB

Bac'd thiB week at—

Florida balea,North CarolinaVirginia

Total receiptsincrease this year

.

1871.

S44 .

3,331 I 1,8141,139 6,733

190,8110

46,538

104,373

The exports lor the week ending this evening reach a total of

105,823 bales, ot which 83,137 were to Great Britain, and 32,096to the Continent, whUe the stocks at all the ports, as madeap this evening, are now 560,613 bales. Below we give the ex-

ports and stocks for the week, and also for the corresponding weekof last season, as telegraphed to as from the various ports to-night.

K.zportedto—Total thisweek.

Same w'k1870.

stuck.

Waek ending Jan. 37. 0. Brit Coatin't 1871. 1870.

81,38»

3 83.ls,o;»

7*7317,111

18,1471,758554

6,7601,091888

44,53611,4003.8M30*198,66417,501

87.8358.9764,9999,-373

lO^.'O13.1881.185

1«»,01868.631«l,43189,63653,91775,00088.000

133.44371.2W3I«S871.33441.55366,181

30,346

Mobile

New TorkOther porU

Total 88.127

U11.49033,691!

318,859:os.838

l,»«.88» aSa^MOMi 4a»,99S

Total elsoe Sept. 1...

From the fore|{oliif tatenaat It will be Men th*t, ooinp*re<lwith the oorrespondlnfr week of last Maaon, there lean loereaae inthe exports this week of 31,107 balea, while the stock* to-nifrht are70,617 bale* more than they were at this time a year ago. Thefollowing is our usual table showing the movement of cotinn atall the ports from Sept. 1 to Jan. 20, the latest mail date*. Wedo not include onr telegrams to-uiglit, as we cannot insure theaccuracy or obtain the detail necessary by telegraph.

IIXUBIPTS 1

aiMoaasrT.l.zroaTBD aiBUB aarr. 1 to-

jt^.^d,. 1

UrealBritalo France

fftljm IM*10136O

ForlgB Total.|

'^""'•-jn».,:M.

NewOrlaana.>l(iblle

8B0,MI' 50,180mjMa 19«,.'V»9

M,866 1-,S.32<

488.788 " "115,4 !

88,»444i2'.i

S4/W, S'J.2'i4

180,131' 133.98884.479 39311

iflgjw) mm fom i8i,>i4I3.8"0' IliilU li Rtti- MJBB

CharleslonSavannahTezaaNow YorkFloridaNorth CarolinaVirginiaOther porta

7:i,7i»1-1400

'.19

139

10 831

10>98»9.;i;

It

7«i71

8i,i»7 i:ijii3; J8.t«*331.113 164,4781 t»jm87,1M IH.tMl •*. -8

804781 ... Djno14

... 62.-.«» ».1«8

9« 170.218 8,90818.29SI .... »>UI

Total thia year 10n,418 trai.328

.VM.I'lS

1,494

143.328

18t',9'-9 1J19.4WJ . - .;

Total la t y->' .... IB-31.(17! i6i,r-.i 83.S,'41 -.

Lite iiiurKt-i ilie |>aMt Week has been quite active aiiU at liighur

prici*. The course of tbe war in France hss of Inle indirati^ aspeedy tnd. At the close of our last Tv\>oTt -tliu general feeling

among holders was, as we then slated, one of (Miitidence, and nolarge purchases could have been made at the rate » then ruling.

This was mainly due to a belief that as the war could not last longcilton was low. The next day, Saturday, the market n-niaini-d

steady under the same infltiencos. Monday there was an advanceof -Jc. with a much better business doing, sales reaching 8,420bales. Tuesday was more quiet with offerings sufficient to mi«tthe demand, but no pressure to sell. Wednesday prices continuedwithout any change, but there was moio activity esiiecially in theearlier part of the day with rather a quiet close. Tliursdny, how-ever, the Liverpool advices being still more favorable, and reportsof the capitulation of Paris being receiveil there was an advanceof ic., but towards the close buyers became more cautious in

consequence of the large receipts at the ports, and rather less

favorable private European accounts. And to-day with continuedlarge receipts at tbe Southern ports and a quiet market at Liver-

pool prices here, after a quiet diy, have bei-n reduced 4c., and theclose is weak. We think the continued free receipts liave withinthe past two days served to decrease slightly the confidence nmongholders. For future delivery prices have followed very nc.irly

the prices for a\K>t cotton. To-day, the close was, for Janu-ary, l,5i ; February, 15 316; March, 15 7-16; April, l.lf ;

May, l&J. The total sales of this description for the week(including 4,775 bales free on board, but not including bales " Kjt-changed ") have been 49,72.') bales. For immediate delivery thetotal sales f >ot up this week 28,75.ibales, including 3,381 bales toarrive, of which 6,105 bales were taken by spinners, 425 baleson speculation, 20,540 bales tor export, and 1,688 bales in transit.The following are the closing quotations;

Ordinary per lbtiood OrdinaryLow .MiddlingMiddlingQood Mi ddling.

Below we give the total sales of cotter and price of Uplandi atthis market each day of the past week :

Totalsales.

Saturday 5,100VInnday 8,420riiesdny S.6f0Wednesday 5,875I'hursday 4.828frlrtay I S.98-1

Ordinary.

'i8)<»r7r18X9....13s, (8...!3X®....WHS*....ISJJ®....

ooodOrdinary,

uxa.:."."^I4««....

! 14«<9....I I4H®....I

14V@....

LowMld^tllng.

15 a....15 »....IS »....iss<«....15)««..

MIddll g..

ISSw --153<». ..

uxa....I5ik«..-I»x«»....

For forward delivery the sales (including 4,775 free on board,)i

have reached during the week 49,726 biles (all low middling or on.the basis of low middling), and the fjiiowing is aaistement of thesales and prices

:

- . - -

^^^.15 V-IS...IBKIJll-lI

For January,bales. eta.

1110 U¥SCO 14 18-1?

1,100 14X1,000 15

3.100 15 1-16

t,70i IISH1,8"0 15 S-lS

1.300 15X

bates. eta3(10 15 1-16

3J0O 15K1200 15 3-16

8,000 15«1.500 15 5-16

500 UH11,600 toul Feb'y.

For March.400 15 8-16

1.800 15X I

balea eta. 1 bales.800 15 5-16 100.

3,400 1.1K •i.mo7011 15 7.16

13iO.

6Jlia 1514 500.1,;50 15 U 16 I

IJft) 19)4I

4JiOO total April.

16 150 toUl March-

I

FfW..

1.-300.

>r April.15 7-16

I5H

For May.300 ISVUW ISjJ

*,«» total Ma)

.

10.800 total JanuaryFor February.

1,900 15

The sales during the week of free on board have reached 4,775bales. The particulars of these sales are as below :

1,6(10 r.o.b.ealTe*toi>. >. cion - Mobile i4ja900 •• .:. iIh

1,00 •• ..p.?

4.TT8

been made during the week :

l-'6 paid 10 ex'ge TOO .Ian. ror lu) Feb.y.

••:i-J. a...iorloiiMa.-c*L.

lOOf. o. b. Charleston. : \*n100 '' av. strictLow M. N. V. class. H freight.. \tX

1,900 r.o.b. Charleston n. t.

125 •• New Orleans p. t.

3.",0 " 1 altimore p.t.

The following exchanges have7-16 paid to ci'ge IW Jan. for VX .March.

X ' 900 Jan, lor 501.April.)4

'• 100 Feb. for 1 March

Weathek Repobts by Tksechaph.—Oortefegrams show (hatat Charleston and Savannah it has iK-en plefisant during the week,with cold nights and warm ilays, the tU«riiionieter at Charlestonaveraging 52. At Columbus, Macon and .Montgomery it hasrained one (lay, with the balanc(?of the week warm and pleaiiunt,

the thermometer averaging 58 at Columbus, ,12 at Macon, and SOat Montgomery. At Mobile and .\ngn?tn ii wa.s plea.iant early lathe week, but rainy subsequently. At >taihville it rained durlngfthree days, and at Memphis it rained one day, the ihermoiueterat the latter place areragring 46.

Page 24: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

120 THE CHRQNICLK [January 28, 1871.

Receipts ahd Cbop.—The reaeipts continue to come in so

freelj, both at the out ports and the interior ports, that the smaller

wtimateg of the crop have been pretty generally abandoned, andvery few now could be found who would put the total below

3,700,000 bales.

Obeat Bbitain's Spinstng Capacity.—We gave, two weekssince, returns showing the number of spinning spindles in the

cotton factories of Great Britain for the years 1856, 1861 and 1868.

It appears at the latter date that the total reached 32,000,000

spindles. We have no later returns at present and our only ob-

ject now In referring to the subject is to show simply how great

is the difference in aggregate consumption when the average yarnspun is of a low or high grade. To illustrate the point let us sup-

poee that at present the spindles reach 32,500,000. Now, withthat spinning capacity, and with each spindle producing 36skeins of average No. 86 yarn per day and working full, say 300

days, the production would be 35,100,000,000 skeins, equal to 975,-

000,000 pounds yarn ; and if we add 14 per cent, for waste, weshall have the requirements of the miils 1,111,500,000 poundsof raw cotton. But if instead of No. 36 yarn the average is en-

larged to No. 34 with the same number of spindles, each producing

3f skeins per day for 300 full days, the production would be 36,-

562,500,000 skeins, equal, with 14 per cent, for waste added, to

1,225,919,000 pounds of raw cotton, or 3,064,797 bales of 400 poundseach. To put the point in a clearer light we place the compara-tive figures side by side :

No. 36 Tarn. No. 34 Yarn.

300 days would produce, skeins. . . . 35,100,000,000 36,562,500,000

Above skeins equal to, lbs 975,000,000 1,075,308,000

Add 14 per cent, waste, lbs 136,500,000 150,551,000Requiring of raw cotton, lbs 1,111,500,000 1,235,919,000Equal in bales of 400 lbs. to, 2,778,750 3,064,800Av'ge consumption per week, bales. 53,437 58,938

We have estimated the weight of bales at 400 pounds against

38S pounds, the average during 1870, because of the larger pro-

portion ef American to be used this year. In the above then, wehave an increased consumption during the year of 286,050 bales,

arising simply from changing the average size of yarn spun fromNo. 36 to No. 34. These figures are of no little interest as illus-

trating one point in the problem of Great Britain's capacity ofconsumption when prices are low enough to make a demand for

the clothes spun. Of course the lower the price of cotton thesoarser the average cloth produced, as the new demand comesfrom the poorer classes.

GtTNNY Bags, Bagoino, &c.—Every article coming under thisheading has been quiet since the date of our last, and prices,though nominally as formerly quoted, rule generally in favor ofbuyers, any business there is done, is in a small way to supply themore pressing wants of dealers. We quote cloth nominally at19@20c. for native, and 20@21c. for domestic rolls. Bags 17®18c., both currency duty paid. Hemp is quoted 9f@10c., gold, forManila. Jute Butts steady at 4c., currency, and Jute 6@6ic., gold.The only sales reported since the date of our last are 1,000 balesto arrive, at 6ic., gold, and 500 bales inferior do., on spot, at 5|c'

MOTEMEpNTS OF COTTON AT THE INTERIOR PORTS.—BeloW wegive the movements of cotton at the interior ports—receipts andshipments for the week, and stock to-night and for the correspond-kigweekof 1870:

We«k ending Jan. 37, 1871.^—Week ending Jan 27, 1870ReceiptB.

Anguata 8,547Columbus 2,653Macon 4,021

Montgomery. .

.

3,523Selma* 4,800

Memphis 20,604NashviUe 5,384

49,532

Shipments . stock.

6,197 21,5531,941 14,5353,469 16,3163,831 10,9304,078 11,300

14,141 47,0354,811 6,674

38,468 138,343

iec.--ipta. Shipmeuts3.554 3,6131,909 3,1191,496 3,0441,187 2,5301,334 1,7169,437 8,7342,414 2,580

stock.

31,31614,185

17,17014,0487,893

19,845

8,583

21,321 24,326 98,040

• Our telegram from Selma again states that the warehouses are overcrowdedand the receipts, stocks and exports have not been made up to-nio-ht and theflgnres we give, therefore, for that port are only an approximation? '

These totals show that the interior stocks have increased duringthe week 11,004 bales (being now 30,203 bales more than for thesame period of last year), while the aggregate receipts are 38 211bales more, and the shipments 14,143 bales more than for 'thecorresponding period of 1869.

ViSffiLE SCPPLY OF Cotton.—The following table shows thequantity of cotton in sight at this date of each of the two pastleasons. On account of the irregularity in the cable despatcheswe are again without our figures for stock at and afloat for Liver-pool, and we therefore for those items give the figures of lastwaek

:

Stock in Liverpool bales.8to<;k in LondonSl«i<fc in GlasgowBteck in HavreStock in l^arseilles ,'.,',

Stock in Bremen '..*.*.'.

Stock rest of Continent .'..'.*.".'.'.'.'

Afloat for Great Britain (American)..*.. .'

Vfloat for France (American and Brazil). .

.

Total Indian Cotton afloat for EuropeStock in United States portsBtook In i&lan(^ towns

These figures indicate an increase in the cotton in sight to-night

of 356,375 bales compared with the same date of 1870.

The exports of cttoQ this week from New York show a decrease

sine* last week, the total reachiag 16,825 bales, agaiust 17,44}

bales last week. Bel)W we give our table showing the exports of

cotton from Sew York, and their direction for each of tbe last four

weeks; also the total exports and JirBCtion since September 1,1870;

and ii; the list column the total for the same psrio 1 of tbe previous

year:

ExportsorOottonCbaleti) from New Voric since Sept. I, 1870

TotiU.

1871. 1870.573,000 300,00073,940 113,576

450 35086,800 105,5807,950 5,700

11,250 2,30025,000 33,000

285,000 163,00071,000

89,437 101.856560,612 489,995138,248 98,040

,840,672 1,484,297

BZPOBTBX) TO

WIBK ESDIMQTotalto

date

Sametime

Dec.81.

Jan.7.

Jan.14.

Jan.21.

l>rev.

year.

17,190 17,313 le.o'ig 13,794 as(\floi

5,533143,301

other British Ports 381

Total to at. Britain. 17,180 17,343 16,083 18,794 i86,439 143,682

8,010

Other French ports ... 3

Total French

Bremen and Hanover 1,43»99

'sco

1,100

8S8

6.9524,4l!5

4,7*0

8,013

15,541

Hamburg 13,<S4

Otherports 2,511

Total to N. Europe.

Spain, Oporto and Gibraltar &cMlothers

1,B38 300 1,793 888 16,077

3,3163

31.109

.

1,763

Total Spain, etc .... 2,817 1,7B»

Grand Total 18.718 17,443 16.825 14,183 301,7:M 184,563

The follow ir.g are the receipts of cotton at Newdelphia and BiJlit ic -e for the lost week, and since

Tork,

Septem

Boston, Pbila-

ber 1,1870:

RKCKIPTS FBOH-

New Orleans.TexasbtivannahMobilePionaaSouth Carolina.Norili Carolina..VirginiaNortli'rn Ports.Tennessee, &c.Foreign

NKW TORK.

ThisI

Sinceweek. [Sept. 1.

ThisI

Sinceweek, [Septl.

PHILAnSLPHI.!

ThisI

Sii,ce

week. ISeptl.

2,4571,312

4,885

2,786;

1,5171

6,449

9^571

72,01815,086

125,8101,887

1498,880,

40,426113,202

9,524;

97,801

1,431 8,8491,036

8i9 30,8111

3,588

516 1,008214

1,886 36,208,1,514 41,488830 10,0261

85|

....| 2,774

';394! 8^9861

3061

537

4,152

3,052|

7,560

B&I.TIlfORX.

ThisI

Sinceweek. iBeptl.

88

10'495413

202 8,1462151 3,240

2,241 33,154

1,213 19,478

Total this year: 28,563i 574,M5lj

Total last year.' 18,051: 410,.354H

6,986;il2,313|l1,237 i 26,558

4,619| 91,605ii 2,998| 27,675,

4,283 1 73,594

3,182i 6,i

SuippiNG News.—The exports of cotton from the United States tbe

past week, a» per latest mail returns, have reached 114,070 bales. So

far a^ tbe Southern ports are concerned, these are the same exports

raported by telegraph, and published in tbe Cbboniolb last Fri-

day, except Galveston, and the figures for that port are the expoits for

two weeks back. With regard to New Tork, we include the manifeeta

up to last Saturday night

:

TotalNew YouK—To Liverrpool, per steamers Abyssinia, 1,767 Nebraska,

2,790... Erin, 2,594 .... Liberia, 1,500. ...City of Paris, 803. ...Den-mark, 2,287. . . .Alexandria, 2,083.To Antwerp, per schooner C. S. Bushucll, 388.

s—ToLlve

bales

.

12,704

New Orleans—To~Liverpool, per ships Margaret Pollock, 2,550 Bel-gravla, 3.988.... Royal Charter, 3,711. ...Cathedral, 3,250. .. .China,8,666.... P. P. Sage, 8,560.... Ironsides, 4,215... May Queerf 3,260...Julia, 2,931.... Montebollo, 3,350.... per barks Pericles, 3,240.. .Fleet-

wing, 1,400To Queenstown, per bark Hilda, 1,337To Cork, per ship S. Vaughan, 2,851To Bremen, per ships Forest Eagle, 3,601 ... . Cresent City, 2,984 ..

.

per bark Vesuvius, 2,332To Barcelona, per ship Neuva Aurelia, 1,433 per bark Aretusa,

1,112To Antwerp, per ship Oakland, 3,542 per bark Emma C. Litch-

field, 1,416To Genoa, per i)aik Naveslnk, 1,912To Trieste, per bark Mesonic, 1,490To Malaga, per bark Rosario, 993

Mobile—To Liverpool, per ship Wellington, 2,858To Barcelona, per brig Frsncisqueta, 361To Amsterdam, per bark llcctor, 1,900

CHiRLESTON—To Liverpool, per ships John Sidney, 2,812 Upland and 380Sea Island.. .Conntv of Pictou, 2.149 Upland and 9 Sea Island perbrig Cecilia, 42:j Ui)lund and 88 Sc-.a IslandTo Fleetwood, England, per hark Adriatic, 1,286 UplandTo Amsterdam, per bark Agnes Campbell, 3,078 UplandTo Barcelona, per brig Salvador, 400 Upland per brig Luisa, 293

UplandSavannah—To Liverpool, i)er steamers Sweden, 1,,583 Upland and .397

Sea Island Sidouian. 2,:303 Upland and 84 Sea Island per barksNile, 2,100 Upland.... Jennie Prince, 2,819 Upland. ...Clementina,952 UplandTo Amsterdam, per barks Brazil, 1,650 Upland. . . Louise and Haria,

46fi UplandTo Barcelona, per brig San Jose, 605 Upland

Texas—To Liverpool, per steamer American, 3,020 Upland and 29 SeaIsland per bark Heiress, 2.396 Upland and 3 Sea Island per brigEssex, 763 Upland and 4 Sea Island

Baltimore—To Liverpool, per steamer Caspian, 1,182. . .per ships HoaneHo^ 508.... Eliza A. Kenny, 781 7TO Bremen, per ship Augusta, 70To Amsterdam, per bark Preslosa, 68

Boston—To British Provinces, 6

39,071

1,337

2,861

8,917

3,645

4,9581,9131,490998

3,806906

1,901

5,8611,3863,078

693

J0,338

2,116606

6,314

S.471TO

Total 114,070

Page 25: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

January 28, 1871.) THS CH&ONICLK. 121

The particuUrs of tUesc sbipmuita, •mnged in oar mqaI fonu'am ns follows

:

NtMv- York..N.'w (.>r)oanH

M.itiil,-. ...

r-hiirl

LlTcr-pool.1S,7W«,0T12.8SH

Ant-

4,908

Qaaopi-towti.

1,'8ST

Cork.

i«5i

"lou 5,H6110,f"'

8,«I4

B>rc«- Amatcr-Bremen.

8,917

70

lona. dam. Total.13,188

2,548 64,074

361 1,900'

5.119

693 8,078 9,918606 8,116 12.(»MI

6.914

58 2,5(19

B.?« 1,8S7 2,881 8.987 4,994 6,158 114,070from Now Orloana to Oonoa, 1,490

Charlpelon to Fleolwood, Eng.,

UoLD. K.\cu.\4SUK AHl> Kkkiohts.—Uold has fluctuated the pastweek betwoen 1 10 J and 110}. and the close was UO^. ForeignExchauffc niarkot continues dull but firm. The following: werethe la.'<t (|uotalii>n8: l.,t>ndon bankers', lon)f, 109^10U{ ; short,HOVeellOJ; Comnurdal, 108}<a>l0». Freifrhts closed at [email protected] Bluani ami fn.'J-Uid. by sail to Liverpool.Ry 'ri:i.i-i;KAii( KiioM Liverpool.—

''

'> '10 market has rnled active t "dxy. with sales

'"l; 5.()UU balps on sneculHtion. The mhIos or the

*' - balea, ol which 18.U)0 bales were taken for ex-P!>ri "' ilall.i., Th J -lock In port w.iS5«,000 bales, or which»4 (WO I 1 h ! i.t>ck or coitou at sea bound m tnis oort is 874,-Ooo Da'f- Icaare Amorioan.

Jan. -X.HK.CKIO

IV U)(i,(iua

261.000.n4,tX)0

28J,UUU

Jan. 14.—The foUonini; are the pricps of American

_ Dpc. W. Jan. 6. Jan. 13Total sales W.OO oii/UO TO.O*)Sales for export O.iiKi i,nio 7.000SaliMMi -IK, ulaUoo.. 2,000 1,000 li*aiT'- SKfiBI 620.000 5«,0()O^' !c»n..... loijino •jn.eot 24000T' 464,000 • aSI.Oill ,"«),OflAn.. iM IH :,iio»t SW.OO 280000 290.100The following table will show the dally closing prices ot cotton fur the week ;

^, ,,.

,

„ Sat. >iiin. luns. Wed. Thurs. Frt.Price Mld'lllnit Uplands... 7xa.. ^H® 'X&S 8 »S^ ...® ®...• •• Orleans 8«».. 8X<»... 8K(»8« 8!<®8X ...a a...

*' Up. toarrlve.. . .d d <d d & <d,..E'JKOPSAN n.^u i^i>nN OuTTo.'i .>! AHK tTH.— Id Teterence totbeseuiar-

kets, our eorrsspondHnt in LiODdou. writing under the date of Jab, 14,statea

:

LitkrpoOl.Coiton :

.-Par*-^ ^Q'd*-^ --Same date 1809-Dewriptton. ,-Ord. A Wi-, g'd fair fair. Mid. Kalr. Hood.Set Island.... 12 !7 19 -2:1 2« -43 21 -M 80Stained Hfi 7Ji 9 -10 11 -12 11 12 14

Od. G Od. L.MId. Mid. G. Mid. Mid.F. Md. I..M M.F''n'and 7i< 7Jtf 7 1\-16 7 18-16 8 8V HX W( HXMobilfl 7)t 7.<4 t)i 7X 8 :-16 8v, 11 7-16 1 IX i'

X

N.O. *Texu->.... 7K 7Ji 7 15-16 3X 8H 8)i IIX HJi 12XTlie fullunriui^ statement shows the prices of middlini; discriptions of

cotton at ilun il,tp, compared with the four previous yesrc :

1868. 18«9. 1870. 1871. I IH67. 186k. 1B69. 1870Mid. »eal«rd IHd. «.'Sd. S'd. nd. 1 Mid. Fernamb «3i0. llXd lt)Jd.,S]^

Oplsnd, 7X 11« nx 7 13-1-41 Egyptian. liJK li 10!* 6Ji

Mobile.. 7X iiji U ',-16 7J< IBroach... 6H 8« SM 5

Orleans 1\ UX llx 8>i I Obollerab 5X 8.K 8X SXSince the coiniueoceiDent of tbe year the transactions on specula.

tion and fur fxpnrt have been

^Taken on spec, to this date—

>

1871, 1870, 1S69, 1871.hales. ba'.BS. bales. bales.

Acuertcao 2.960 4.800 18,180Brailllm lOU 560 1,380S^y:jtian. Ac. lO-l 490 .^,890

West Indi.-.n.. 70 90 70Bast Indian .. 2.020 10,8>i0 47.840

.—Aetna! export fromLiverpool , H n II and

other ontportsto this date—,

1,S7.'.

hales.1,7(13

2,47127«

8/212

7.B6*

Aetna!ezp'tf^oDi

K.lt18:o.bale*".

142.7011

4aoso7,<'0O

13,480447,iiOO

Total... ,V810 15,970 65,3<)0 ..., 7.B6* 658,»30

The followini; .-•tateineDt shows the calfs and imports of cotton fur

tbe week and year, and also the stocks on hand on Thursday eveninglast :

SAUIS, BTO., OF ALLDXeOaiFTIOHS.

Trade,dmerlcan.. bales. 41,170Brazilian 4,9:10

Bgyplian., ... 6,450West Indian . . 900Bast Indian. .. 11.240 6,870

Total 64,690 10.f40

Sales this week. . TotalEx- .SpecQla- thisport. tlon. Total, year.3.870 8,480 47..')«0 77,580

30 100 5,060 7,69070 IK) 6,610 10,180

40 910 1,6101,800 19,810 31,980

Same Averageperiod weekly saies.1870.

44,61018,«708,380^t.ono

55,080

1871. 187034,080 18.22)8.7d) 7,38'1

4,»iO .'),9fl0

760 1,8909,620 16,920

4,010 79,310 128,990 129,740 53,160 47,910

To thisTbis dateweek. 1871.

American i.'t,'.01 1»2,.';07

Brazilian 7.466 12.546Bgyptlan I'i.OTs S4,*17West Indian . . 1.793 4,627Bast Indian... 7,689 43,288

Total .

-lmp(lorts-To tbisdate1870.75,13924,21815,268

2,03}12,170

ToUI.1870.

l,65."i.()91

*KI,564218.8K884,720

902,119

Tbisday.

2:H,4tiO

ii}l,12()

54,29083,661201,600

—StocksSamedate1870.

114,030.061)

33,870&,4U>I

181,7H)

Dec. 31,1870

1WI.71026,16039.'60

20,550i.-o.eso

. 95,107 277,690 128,720 3,252,282 560,090 86S,030 378,780

Of the present slock of cotton in Liverpool, 42.75 per cent is

American, aijainBt 31 per cent last 5 ear. Of Indian cotton theproportion is 87 per cent, aifainst 60 per cent.

London. Jan. 14.—Tie o tton trade is dull and prices are ratherlower. The foll.win^ are tbe particulars of iinpnrts.deliveries and stocfcp:

1869. 1870. 1871Imports, Jan. 1 tu Jan. IS Bales. 11.861 9.459 9,216Deliveries 21,<72 l.s.l'n 8,10:1

Stocks, Ja-'. 13 18S,8l8 118.570 73,940

Havaa, January 12. —The stock of cotton amount'' to 4r,.680 bales,

of whidi 23,790 hales are American, and 17,760 bales East India. Only1,516 bales of Inoian cotlon xr*? afloat to this port.

ALKZaNOBiA. Dec. 80.—The sbifiments of cotton from Nov. I toDec. 80, were as follows :

Great Britain,hales.

1870 . . «8,2UIWW. ....,..,.,.;... , ..V. M.145

i8«......-^...;. ........,: 68,129

Oontlnont. Total.--

bsies. bales.12,s42 78,0 Ml

19.878 88.88319,9Vi 84,66118,186 48,886

BREADSTUFF9.rsinAT. p. m.Jtnat'jrt. 1871.

The market the past week has been ejtcitwl by pecnlatloo, la

conjunction with a nrood demand for export. Flour baa arrived

less freuly, and favored by an advance u> '28a. in Liverpool, price*

show a decldoti improvement. The demand has been good for

export, and the trade operated fairly till checked by the severe

snow storm of yesterday, but the chief strength of tbe market

has been the firmness of holders, who refused to offer ntn\ght

lines except ut prices considerably above the views of buyers

generally naming. In the past three days, $6 (I0@>f7 for prime

shijiring extras from spring wheat, with few buyers over $6 750$0 83. In'erior and irregular brands of extras sold at $6 00@

ffl 60. Good trade and. West India brands have been salable at

$7 25@$7 75. Southern flour ha« sold more freely. Bye flour

shows a small advance. Corn meal has been in better demand and

closes 10@t5c. higher. To-day the flour market was dull, and

some lines of good shipping extras sold ut $6 75.

Wheat has been affected much the saiuo as flour. With favor-

able advices from Europe, a considerable reduction of stocks on

hand, and strong speculative combinations operating, new Spring

advanced on Wednesday to $1 55d$l 56, and amber Winter to

f 1 38@$1 60. Yeatorday the market was very unsettled under

the dull accounts from Liverpool. To-day there was a partial re-

covery of tone, and some 90,000 bushels new No. 2 Spring were

taken on speculation for Western account at |1 54@$\ ."55 in store

and afloat. The West has been excited, and No. 3 Spring at Chi-

cago has touched $1 30, receding yesterday to $1 24, and recover-

ing to-day to $1 28, but closing weak. There are some operator*

who buy here and sell there, because Chicago is so far above us.

Corn has advanced. There has been a fair amount of export

orders, but they have been mostly filled with Southern white,

here and to arrive, at 93 a93c. Receipts of Western continue

small, but the obstructions to transportation caused by snow in the

streets and ice in the harbor, limits the demand 'or home use.

Oats have been in speculative request, but with no export demand

,

and the local trade reduced to smallest quantities ; the close is

dull. Rye, barley and barley malt, though firm, have ruled com-paratively quiet. '

The following are the closing quotations

:

Plonr— I Wbeat^pr1ng,bDSIi (1 58® 1 68Soperflne V bbl. $6 00® 6 40lixtra State 6 60^6 90Extra Western, com-

mon to Kood 6 50@ 7 00Doable Extra Western

and St. Lonls 7 85® 9 50Sontbern enpers @Southern, extra andfamily... 6 65(^9 50

California &Kvc Flour, snperA extra 5 00® 6 90

t-.-^pr:

I Wlnt

Corn Meal

.

Red Winter 1

Amberdo ,... 1White 1 in<

White CaliforniaCorn,Western MIx'd,.Yellow, newWhite

RyeOatsBarleyMalt.

4 00® 4 60 1 Peas, Canadi,.

-RXCBIPTH AT »XW YORK.—. 1871. , SameFor the Since time Jan,

Ian. 1. 1, IMO.806.339115,940394,.335

165.838

28,67828,770

400

-SXPOBTS TBOM HITW TOBK.-

wf pk.40,49828,i(a107.020

86,075.V47H9,290

198,,'S35

91,70477,275149.066W,966

-1871.

For the Sinceweek.47,1268,037

21.3,132

18,846

18TO.-For tbe Since

Tan 1

.

188,193

8.969786,90786,306

Flonr, bbl«.

C. meal. bis.

^hcnt,baphCorn, bush.Rye, bu'^h...

Barley.Aciiu 9,890 28,770 352 .... 9oats, ousn 400 247 8,355 ,4.888 700 2.167

The followiiist tables, prepared for the Ohso.mulk by Mr. E. H.Walker, of the ISIbw York Piorlnce Excbaoi;e, shoM the i^rain in si^ht

and tbe moveraert of hr«ad8tiit& to the latest mail dates :

alOICIPTS AT LAKE P0BT8 FOR THR WEEK BNDINO JAN. 21, 187!.

At

Flonr.hhlB.

<1% Ihs 1

17,434

Wheat,bnsb.

(601h«)91.55564,9S447,07018,51412,950

235,018458,491853.163878,778880,601848,538

Corn. Oats.bnsb. bnsb,(6«l»i".) (821h».)

165,602 27.3603,968 1,988

49,787 87,19815.674 7,125

14,200 6,530

949,181 70,185536.069 118.456

88,501 94,364686.857 8im,90»899,974 181.883161,111 106.638

Barlejbasb.

(4S lbs •,

10,170a,4S7870

2.601

800

17188884,8gB44,79918,0968»,ie933,847

Rye,bnib.

(fS l>-«.

5.735.... 7,660 1.946

Ti)led . .. 8,498

l>etroUCleveland

TotalsPrevlooB weekCorrespond'g week

.... 10,828.. . 4,786»

.. . 49,193

... W.242. '70. 57,281'69. 118,784'68 60,081>67. 79,6«S

7,68117,4045,588

37,57814.81819.977

^Estimated.

CoHPAKATivB HtcoEiPTs at the same ports firom Jao. 1 to Jan* 81

1

inclusive, for four years:18T1.

Fonr.bbls 168,664

Wheat,hiiih l.^l^«47Corn,bnBh 1,815,806Oats, bush SW,488Barley,basb .». 77,678Eye, bneh 47,496

Tout irrain. basb 8,968,4M 8,I5&.19« 4.«3e;,746 3,813,888

And from August Ist, tn iiid ioeladini; .fan. SI. for f "ur year«

:

1870-71. l8«»-70. U88-«. 1887-68.

Floor .. . bbls. 8,370^17 a,48l>,«aS >,a81,78<) r« 8,a8,4M

Wheat

1870.

188,187

1889.

487,4861888.

S11,4M

ill!

1,«S1,718

1,798,380878,38884,088138,178

ilissi

...bttkli.'le. 93,884,899 .:t*8,8H917 285.385,965 ^•4,979,454

Page 26: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

122 THE CHRONICLE. [January 28 1871.

C>rn 18,048,615 13,853.539

Oiiti 9,639,993 7,831,878

B«rleT 3,932.692 8,002,053

Bye. 970,300 863,106

ToUl gmm, basbi-ls.... 68,834,386 43,078,543

gHiPUKNTs r&oH caio\ao. MILWADSKS, tulkdoWEKK ENUtNU JAN. 21.

14.011,3541.3,728,3J2

8,333,6751.673.429

16,793.86811,867.7941,545,4181,203,008

57,112,045 64,687,686

AND 0LB7XLANU KUK

Klour,t)WB.

tVeek endinir Jin 14, '71. 44,889Week ending Jm. 7, '71. 60,314Week endin!; Jan. 15. 'Til. 93,183

CoMPAaATIVK Shipmenth(/hicago, Milwaukee, Toledo,

inclusive, ft>r four yenrs :

yionr bble.

Whsat buKh.CornOatsBarleyEye

Wheat,hi'sti.

36.62338,9:i0

92,14S

of flour

Cam,bn?h.

836'044213,.358

1.38,043

and graiu

Oats,hii.li'.

57,59954,17068,375

from

Barley,hn-h.85.33016,819

13,566

th« jujrts of

Rye,hnph1,6001,.387

18,606

and Cleyeland, from Jan. 1 lo Jan. 21,

ToUl 961,487

1870.

170,612

3Do,.393

864,488108,88725,04814,086

717,731

1869.383,675

851,447604,095189,82973,57374,712

1,193,656

THE VISIBLE 8UPPI.T OF OBAI.V, JAN. '21, 1S70.

t[n ijtore a' New lork, 31?t

in store at Albanylo store at Bull'alo, aisrIn store.it (Jhica£;o.'il8t

In store at Milwaakee, 81et....In store at Toledo. 2:sE

In Btorf at Detroir, ;Msr

In store at Oswego, (eat.)

In St ire ut t. L*oui^, 21st.Inshore at Boston. 8l5tIrrstore nt Ti ronto. li-t

Itist'ir-Kl Moiituul, 13th 319,408Instnreat Puila eipho, 1st 80;3,926

In store at Baltimor.', (est.) 350,000Ball eh'.|)Mii?nt^ for week 36,^

Total in ^ ore and in transit Jan.81, '71.10. !41,647Jan. 1 '.'7i. .0.84.1,4).

Jan. 7. •;1..10'>2:).8.M*' *nec. 3!, '70 11,34!,19»

Wheat,bns-'i

. 8,535,06711,391

.. 611,3t4

.. 8,808,829.. 8,079,000.. 377,316. . 105,819.. 530,000. . 188.038

10.88761.1-28

•lec.Dec.De-.Dec.Nov.Nov.Nov.

30, 6J.12.4«,1I717, '70, O.I^W^H10, '10 •.'1,0 I.S446

3, '711. 8.43^l,>^57

2(i. '7r. 9,687.82:!

19, '71 9.-,'21,31li

12, '70.10,6M,3i7

Corn.hn?b857,481

.5.905

36,5001,524,699 ,

12,516185,057

5,83888,60046,188

151,063

85,391

58.000175.000386,W4

8,7SS,18S

8,131,088S,3;9.8il'.

8.1 88.010],11'2,1.S3

l,6«M.3,-(8

),775,»<)8

l,6.iT,82.<

1,8!I7,487

l,65ti,884

1,831.711

Oats.hnsh

1,698,67687,509

186,430540,69838,88358,385

8,53850,00073,964

103,7068,685

15,585145,610150,000

57,599

S,81.'>,(i^8

3,88^,4883.477,89.1

:t,tl68.143

.'1.0 5.^56

3.1S7,367

Barleyh.l^.h•

518,05189,115

841.000416.60480.1474,8558,007

86,17636.72044,79171,9901,800

100,00030,00025,330

l,64'l.886

1,738..353

l.873.8:)7

2.888,598],5J8,5n1,735,138

.S.«.n,164 *2,8s9,700

3.2-1.584 2,834,5038,'l76,.1J8

3,8i4.4:S9

3,473,004

3.019.6308.>«1.87.-.

2,737,32(1

*Inclndliig «loeli( afloat. tKxclnsiv-^ of stock afloat.

G-ROCERIES.Fhujay Rveninu, Ja'iuary 27, 1871.

Taken altogether the grocery market cannot be called veryactive at this moment, and business is recovering to a great extent

from the flurry and excitement so noticeable at the (opening of theyear. Delayed mails and the very difficult carting through ourstreets consequent upon the lat'e snow storm, have contributed to

some extent to check the movement of goods, but a^ide from this

it is quite evident that the demand is in many instances falling off

somewhat, and buyers less anxious. The reduced inquiry, how-ever, arises less from a want of confidence than from the fact thatthe recent liberal distribution is now reaching consumers withgreater freedom, as it is noticeable that buyers operate quickly atfull figures when they really require goods, or very (desirablequalities are offered. The stocks on hand are comparatively smalland few of the new crops due have made their appearance in anyquantity.

The entries direct for consumption, and the witlidrawals frombond, showing together the total thrown on the market for theweek, were as follows :

almost an impossibility to gain any conceptions, and yet the position Is such

that an attempt to urge the sale of invoices would be almost sure to resnlt In

some reduction of prices. At the close a few indications of an improving de-

mand prevail, but the movement is not very heavy. We notice sales of 8.060

pkgs. Green, 300 Souchong. 11.3J0 Oolongs, and 1.800 Japans.

Imports this week have included only 641 pkgs.

The following tao.e shows the imports of Tea into the United States (not.

Including San Francisco), from .January 1 to date, in 1871 and U70

:

Black. Cireen. Japan. Total:18T1 1,5!'.,8:JI 2,8e".:-l69 1,181,384 4,990.590

1870 1,380,333 1,839,214 33,543 3,793,095

The indirect importati-.ns. including receipts by P. M. Steamers via Aspin-wall. have been 759 pkgs. since -fanuary 1. against 1. J65 last year.

COFFEE.The market does not show any important increase of activity, but continues

fairly active, with values well sustained, and in some instances an advance

asked. On Brazils buyers have moved rather cautiously, the anticipated

increase of arrivals and probable improved assortment inducing the postpone-

ment of purchases whenever such a course could be adopted. Necessity, how-

ever, compelled the handling of some invoices, and, in addition to this, jobbers

have been tempted into operating somewhat in excess of actual -wants, in order

to secure parcels received per regular steamer, which, as usual, proved to be

of generally desirable quality. Importers, as a rale, have accepted all full bids

willingly, but failed to make any abatement in their pretensions, and former

quotations remain current, with a fli-m uniform tone noticeable up to the close.

Ordinary and choice qualities are still the favorites, but medium grades are

held with fall confidence that they will ultimately be 'n-anted. At the other

leading coffee ports of entry, business has been good, and this has had rather a

stimulating effect here. For Java the^demand has again proved good, and the

desirable supply is gradually becoming concentrated with holders rather indif-

ferent operators. There can not be said to be any further positive advance on

previous extreme figures, but the tone is most decidedly strong, and buyers

meet with no great attention* unless prepared to operate at full market values.

West India descriptions are somewhat slow, and show no very striking features

lor the week. For St. Domingo there has been a steady call from European

exporters, and choice styles of Maracaibo are receiving rather more attention

lowing to the increased cost of Java, and on all grades prices are at least steady,

with best qualities very firm. The jobbing movement has been fair and quite

general. The invoice sales include 11.908 bags Rio, 8,300 bags Maracaibo. 200

bags Laguayra, 5,400 bags Ceylon, 815 bags Mexican, 800 bags Costa Rico, 4,800

bags St. Domingo, to arrive (3,800 shipped direct), and 14,500 mats Java. AtBaltimore 6,398 bags Rio, and at New Orleans 38,500 do.

Imports of Rio this week have included the following cargoes: Steamer"South America." 9,556 bags; ."Kosmopolite," 3 352 nags; "Cflrl." 3,1^5

bags. Of other sort* the imports nave included 1,658 Lagnayra, per '"ThomasDallet" and 1,185 bags of other kinds of coffee.

The stock of RioJan. 86, and the imports since January], 1871, are as followa:

New Phlla- Haiti- New Savan. & Gal-In Bags. York, delphla. more. Orleans. Mobile, veslon. Total,

Stock 85339 ... 10.093 ,,.. 8J00 2,000 45,438

SamedatelSTO 81,896 .... 19.051 10,823 ttilO 3,500 116.270

Imports 6).91;3 8,650 10.378 iM> %S«IInlSiO 68,409

Of other sorts the stock at New York. Jan. 36,

ports sinceJanuary i, 1871, were as follows:

^New Tork-^ BostonIn bags stock, import. Imy^et.

Java and Singapore t 800 **.

Ceylon 15.6*1Maracaibo 17.5)77

Laguayra 3,"07

St. Uomingo lOO

Other 8,901

98.31163.409

and the imports at the several

SSnptj ri.

•B340

Phlladel. Bait. N. Orle'simport, import, import.

Total 46.446Same time, 18TO 13,618

1,652

8.181

1,6^

11.41617.337

10

10

P81,80817,387

' Includes mats. Ac. reduced to bags. t Also, mats.

Tea, black.... 108.'3 pkgs."ireen 9,5'tf pkgs.I'apan 6.027 p .ES.Various 3.8.10 pkgs.

Coffee, Rio.... '6,5.11 bags.J IV- 11.380 mats..Maracaibo.. 1,49(> bugs.

te?'^"'- , S bags. Sugar, Brazil. 8,703 b«gs.Other .4.0,1 bass. Manila, &c.. 13,;ii8 bags.Sugar, Cuba., 6..2M bxts. , MUas't-s.Cuba 6r.-, hhSsP^r,<, «•„;.• ''Sltil'- Port Rloo. SOS'hluls.Porto Rico WT'hhis. Demerara.. 2:'hhds."thsf l.:.10hhds. I nher 435*hhdB

"Hhds. include bbls.'and tcs. reduced.Imports this week have included 16.033 bags Rio, and 2 837 bags

of other kinds of coffee ; receipts of sugar and molasses havebeen small.

The stocks in New York at date, and imports at the five leadinirporta since Jan. 1, 1871, are as loUowg :

stocks In New Yorkat date.

Tea lbs.Tea (Indirect import) pkga.Coffee, Rio bags.voffee, other bags.Sugar boxes.fOKar hhds.sugar bags.

hhtts.

Imports at leading portssine.' January 1.

BokaLMoiaases.

,

25,:i39

46,116JI.IIS

84.1186

839,-«!t

li.Offl

61,896

173S789,0865- ,406

860.42:i

31.032

1871.

4,990p90759

98,31131,3132:<,431

10,7836-; ,838

1,958

1870.2.7S3. 95

1,4 563,40917,337

7,0379,4-«

53,5976,818

SUGAR.There has been a slow but none the less sure 'gain of strength to the market

for raws during the past six days. Prices have advanced somewhat on al

grades, and the position just now shows a really healthier feeling than at any

time since the opening of the year. European advices of rather a stimulating

character have been received. The Havana market has ruled pretty steady,

with the shipments hither of the new crop much slower than anticipated. Ourstocks are falling off with some rapidity, and holders of the remaining supplies

are less inclined to realize than heretofore, all of which have contributed to

impose a feeling of confidence among the trade generally. The demand has

not been remarkably brisk at any time, but the aggregate business for the weekfoots up well and shows that buyers are really at work. Grocers have taken

fair amounts of clarified goods, but the call has in the main been from re-

finers, nearly all of whom are now at work, and some having used up their

supplies in bond are compelled to purchase In order to keep machinery in mo-

tion. Among the offerings during the week were some clarified goods from

Glasgow of very fair quality, but they did not command snfliciently high fig-

ures to give importers a margin for profit, and there Is not likely lo be manyadditional receipts. With the approach of the new crop any flinty sugars be-

come more desirable, and since the upward turn of the market someof the best samples have been withdrawn. Refined have shown con.

siderable irregularity, but the sales about balancing the rather moderate

production the gain was in favor of the selling interest in most cases, and at

the close the feeling is quite steady. The sales of raw include 1.875 hhds, Cuba.

60 hhds, Porto Rico, 37 hhds. Martinique, 452 hhds. Demerara. 300 hhds. British

clarified yellow, 9,185 boxes Havana, 8,700 bags Pemambuco, 18,361 do Manilla,

and 1,911 do China.

TEA.There has been no increase of the demand, a falling off if anything, andnrlng the grealer porti(m of the week the market presented quite a dull ap-

pearance. The line business has not apparently met the expectations of thetrade, and as most of the leading Jobbers now hold a fair and pretty well as-sorted stock.they feel little Inclination to anticipate their wants, and haveMien back into the old system of purchasing merely to the extent of positiveBM«HlU««. V«lue«,:^remain nominally steady, in fact It would probably be

Imports this week..." since Jan. I

" same time,TO

Cuba,bxs.898

10,893

7,037

Cuba,•hhds.

8.1686.471

P. Rico,•hhds.

84365(1

441

Other Brazll.Manlla.&c.Melado•hhds. bags. bags. hllds.

1.231 ,,.. 84.'.>08

5.003 SrM 44,61; 3663,515 JIViOO 33,'i97

Stock In tlrst hands..Same time 1870

" 1869

47.71389,086

84,114

!4.6865«.J06

83.528

329.889200.483

75,035

1.013

1.191

nOl^ASSES.The prevailing demand for foreign goods has been moderate throughout tl»

period under review, and a flat, dragging tone has been a ruliiig chai«ct«rl8tlc

Page 27: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

Janaary 28, lti71.] THK OHRON J CLE. 123

lh« Rurket. The itock on band \» not large, but ownen want to gat rid of

t, and a* a role nro nSerlng th«lr nappllo* at v»ry low flgnrc*. Indeed thin

act haa been the only ln''>)nllvD to bu!>luo«>, a> nonin cargoe» wiro m niimlp-

akahly cheap thai btiyrrx could not reaint the temptation, and a few pnrchaaei

were made to hold and work up at •oinii ftirnre day or re-*cll aa margtne for

proflt mif-hl happen to be presented. The arrlTalu of new crop amount to hnt

Utile aa yet, and advlcea from the producing dIelrlctK are considered as fairly

•ncouragInK for the sellln); Interest. The supply of domestic holde out fairly

but the arrivals commence to drop olT somewhat and amounts carried la store

are smaller. The Inferior and common grades have shown Irregularity, though

wiUiont decline, while prime stock han sold higher and the market genurally

closes with a (Inner and more en(Oura^;lng tone. Sale* of 440 hhds. Cuba. 880

hhdK. Porto Rlro, TA hhds. English Island, Sic, and 8,768 bbls. Now Orleans.

The receipts at New York, and stock in Itrst hands, Jan. S6, were as follows:

Cuba,•hhds.

Bportft this weekliliice ,l:m.] 48sarau time ISTiO 4,tifl

P. BICO,•hhds.

nS44es

Mlm43i

Deroerara,•hhds.

SigmMT

K4C

l.»8«

Other•hhds

n44at

N.O.hMsS.SSl

15,6634.Vl«

K.OdO" " same time Ml lfi,fi67

same time "ea 10.4WS.'OO3.460

month nnrl piir<*fi imv.- «ti*Adlly n

owlnjr to n rumor of flfntrnlty b' '

dr<>w frnm Itio mark«»t ronflHeDC** wak ar.'ui r*'niur,-i\prlcru fended jpwnrd. Ihi* dully nrrlfftU ihow

; .r(r« bnfln^ii for th»Mon of ft few rt»yi,

-111, PXpftrf^rn wllh-x^rhMnfff' ndranrcd and

roirkfd drcrrftd^-ave fallen from idnootorsflO bags per diem. Kales for Pnlted Rlaiea formonth ngL'regate the large flgnr* of 319.VW bagi. Stock at date M.niOb«isiorpoor selections.

^™Vessels sailed for F. 8.. Kor. 31 to '^ee.21Vessels cleared and ready for sea Dec. 24. . . .

Vessels loading or aboot to load

IWJMbaa*W.IW '•

PHIOKH rilRllKlVT.

The PoIlowluK are ftnlInK Qantatlona In Pint HaodaOn tlie Vurcbane of Simalf lota PrieeM ar* FractionHlifhei.

Tea.

Import* ot Snxar tc IHoIaaara at leading ports since Jan. I.

The Imports of angar (includlnj^ Mulado). and of Molasses at the loading porta

i^om January 1, 1B7I, to date, have been as follows

:

^Dntypald-Kyson. Common to fair 4S « M

do Bnperlor to flne 00 i% 79tin Ex. nne'to finest.... RS alls

Tonnir Hyson. Com. to fair. If) ^ ado Snner.tn nne. 60 To 90do Kl. nnctoBnestl 01 «! 80

Gunp. A Imp., Pom to fair. 6^ (ft ?Sdo Rnp. to One.. »s «»l 00

i do Ki. flne to Dnest.I 15 m\ mt Hyson Bk. & Tw C. to fair. 40 45

do do Sup. to Una. 46 a 52

IH. f!k,* Tw'kyFx. (. to (Inst IW

ITJncol. .Japan. Com. to fair.. 60

do Pap*r to flti''... 70

^Daty pald.^

do Ex. t. to flnest. »0Oolong, Common to fair..

Ido Pnperlor to line

I do Kx line to finest!flonc. A Cong.. Com to fair.

,do 6np*r to flne,

I do Ex. f. to flnest.

a «o« «St oe« w» HMl to

is

,—Boxes. . , 'Hhda .. Bags , . •Hhds.

Ifli. 1810. 1871. 1R70. 1871. IHTO. 1871, IRln.

New York.... . 10.S9S 7.007 7!Wt 9,4W 3S,8W S8 6»7 I,2S1 5.212Bodton .f.lflB i,ni 4,4SS 718Philadelphia.. . 8,516 MW . . 4,i«0

Baltimore lOO 1,322 171

New Orleans..

Cotree.

Total 23.4.'!4 7,081 9,i:.'7 62,83: SS,Se7 1,»52 5,212

' Includlnir tierces and barrels reduced to hhds.

SPICES.

We hear of no changes in the general position of the market. Invoices sell

slowly, not bccanse there Is an absence of demand, but in view of the fact that

everything deliverable here or to arrive has already found a market, or Is held

ao high a« to exrecd all present limits, and owners assert the utmost confidence

in the futtu-e ignoring all bids failing to approximate within a slight fraction

•f their \iew8. The distributive dealers are not quite so busy, but still find

trade pretty sharp and bnyere willing to pay fnll prices, though the good quali-

tioB are in all cascB called for. The increased supply of Cassia noted last weekmodified extreme figures somewhat, but broaght about no positive decline, andthis is about the only caae where buyers may he said to have gained the slightest

advantage. At Boston business is very good at full prices. We learn of recent

ales there of 1,500 to 2,000 picnls of Pepper.

FRUITS. &c.

The market for Foreign Dried has been slow since the date of onr last, which

has been largely due to the severe storms we have had most ot the week. Thecity dealer*, most of them, are pretty well stocked np for the present, and only

buy small lots ol a fancy article or a round lot when ofTered cheap. Layer

Raisins have again reacted, and at the close sell in jobbing lots at #8 65 per

box. Currants have been quiet but are held very steadily, and at the close wenote sales of fnll lots at 8Jic., gold, on the spot. Turkish and French Prunes

have perhaps sold more freely than any otherarticle, and rule steady ; there are

a good many of the old crop held in this market and some dealeie, to get rid

of them, are mL^ing them with new. Sardines have been held with confidence,

•specially quarfrs. and a fair trade has been done In them ; at the close 20c,

enrrency is asked. Nuts are rather slow at the present, and no change or sales

are reported.

Trade In Foreign Green has been limited to small lots from store as the

weather has been so cold tbat cargoes conld not bo moved. We quote Malagali.'mons t*. Palermo f4'ii|4 90, and Messina |4 SO^f.l : Messina Oranges t:i85

Palermo $3, St. Michaels |3 50@t4. and Valencia per case t7 75@t8. We quote

Porto Kico Ornngesat f5 50@>f6 per hbl. Baracoa Cocoanuts sell at J.35 per

thousand for half husked, and (40 for clean do. Bananas have sold at 50c.

piT hunch for frozen.

Domestic Dried have raled rather quiet for apples the past week, and It

la difficult to obtain 6)^c. for best State quarters. In. Philadelphia there has

been considerable movement in common Tennessee, and liirge lots sold at 4c.

Pored Peaches continue In demand the best for city use, and the medium qual-

ities for the West and prices rule pretty strong; nnpared halves are wanted,

the bulk of the "tock in PJiIladelphlH and Baltimore has lately been bought npby a Chicago house, and for these very full prices rule. Quarters are also scarce

and sales have been made at l^c. which Is an advance. Blackberries have

been duM. but at the close there is a large movement reported, both in this

market and In Philadelphia, at 9c, which la an advance. Pitted Cherries Jare

ateady, though quiet.

ADVICES FBOiH PRODUCING MARKETS.Tea.- The market reports from all China Porta are at hand as follows

:

Shanghae Dec. 13.—The months business has been somewhat smaller thanthe preceedlng one, amounting to about 58.000 half-rhesu* with a preferenceshown for Teenkai and Fychow Teas. The total receipt.^ for the season willbe materially less than lant year. Unsold stock on hand 63.800 half-chests.Export to Ktigland also about 2.000,000 lbs short of same date last year.Yokohama. Dec. 3.— .\ good businei'S had been done within tr.e week for

Now York market, about 12,0 pkga. having been settled, and the market firmat the close.

Foochow. Dee. 5.—No business of moment in Congous. In Oolongs larcetransactions bad taken place for the .\merlcan market 40, '^00 half-' bests com-prised total settlements and had tended to strengthen the market, an advancebeing now demanded by holders. Fine Teas were virtually withdrawn fromthe market..\moy. Dec. 7. —No Oolongs of account on the market, and but a small quan-

tity were expected. The fortnights business amounted to 7,000 half-chests.

Tbefollowing show* 'he quantity of Tea afloat for the 0nlted States at htteadates (not including Sao Francisco), and which has not yet arrived:

Total kiiownlo be afloat 8.961.014 5,«T;.iVI 8366,989 13,495,291

Total exportu to r.S. ports, Jimel to Dec. 12 .3.871X189 1»,.'!18.'80 S.0al,M2 3«,520,'<llTotal exporM to U. B. poru, same lime 1689. . ..9,8H,88I 9,0^,081 8,810,647 23,288,W

<For Bostoa. I

Rio Prime, duty paid god. 15V(ai9« l Native Ceylon gold. 13X017do good told. HV(ai5!< I Maraeallio (fold. 14 »'9)<do fair KOld. lavail . Lagiiavra go'd. 14 «4I8I<do ordinary (told. IS (aiS'< PI Domingo, In bond gold. tHOHiilava, mats And liaxs gold, ix^aig^ ' Jamaica gold. 12 *14X

" Brown 20X922 Si I

Sna:ar.

Cnba, Inf. to com. refiningd'> fair to good refining''o primedo fair to good gro'erydo pr. to eriolee (jrocery...do centrlfngal, hhds. Abxs.do Meladodo moiassee

Hav'a. Box, D. S. Nos. 7 to 9..

.

do do do 10 to 12..do do do IS to 15..

do do do 16 to 18..

SXffl 9X9X» ^%... <a «y

10Vii»10\sxaiox4 1^ 7 I White Sugars, A8Xa 9W ; do do B

Hav'a, Box, D.S. Nos. 19 to SO.

.

12KA18Havana. I'ox, wliltc 12!4«13),-Porto Rico, reflning (trade*... 9Ka 91(

do grocery grades 91i6ill .,

Brazil, bsga AHA HT^ranlla. bagu 8 • (S

~ i»H»m,_ . , - BW<»J«

?Sf«» "X Ido do extra C 0,\2\H

9H(alO Yellow sugars 11X013:0><911 Crushed and granoUted 14 »UH11X®12X I Powdered >4 «ltx

Hlolassea and Symps.New Orleans new V.gall. 60(^Porto Rico .'S®Cuba ^'oaeovado 23®Cnha Clsved SO®Cnba eentntueal 18(3Fngllsh Islands SS(9

STntrps.Havemeyer's A Elder (a

New York Steam @'oilers A Martens @New.lersey @Wheatlev. Williams* Co ,^Long Island... 4S®Livingston SS@

North River -4S«Wallace A Sehomaker S0»Oreer. Turner A Co <*William Moller A Sons 58*!Msthiessen A wiechera 75a^'ollcr, Slerck A Co fO«Brnncs, Ockerhansen 4 Co TOfi*

Moller. OrtellA Co 96®B. otti AEdL'ar 51(aHudson Klvcr »»Oekerliansen Bros 830Wintgen, Dick * Co 930Havemeyer A Co 70®Cantleld A Benner 409

Ra.igoon, dressed, gold In bond 8

Rice.

JX I Carolina (new) titifiH

Spices.Cassia, Incases...gold V n. S& ®Cassia, in mats... do 36 ®Ginger, Kac • and Af (gold) 9 ®Mace do —talisNutmegs, casks 82X^

do cases Penang.. 82X«i 85

36IPepper, In bond ((roldl

37I

do Singapore A SumatraIIX Pimento, Jamaica. ...(gold)

do In bond do' Clove-* do

do In bond.

.

do

11X»

8X»SX»12X07X«

Prnlts and Nnts.

RalBlns,Seeaiess,newV mat.6 00 @ ....

do Layer, 18tO, * box. 2 62X®2 65do Laver, 1860, ?! box 9 ....

do Valencia.*! Ik 13 ®do London Layer 3 75 ® —

Cnrrants, nrw * B ® 9^Citron. Lpfh'"-" ?9 ^i*rnnes, Turkish, old.., 10 ®Primes, Turkish, new...- ®PmnelleB (^DatBH 9X®'Mgs. Smyrna • ». 13 laCherries German (9

Canton Oinecr 9009 9Almonds, Langnedoc.

do Tarragona 19X®do Iviea &do glcllv, sort shell . . .ado Sbelied. Spanish. S5 ano paper shell S3 ®

Sardines * hf. box. JOi^aSardines V qr.box. 19va

1219

52"8

SO19

is"16i<

BrazllNuts IS ..,

Filberts, Slcllv lOX® ...

do Barcelona (* 10African Peannis 2 3j(*3 JO

Walnnts, Bordeaux. 13 O IS

Macaroni, Italian U ta

yiro Crack best ,No t T> box 3 SOaDOMKSTio DRiRD pntriTa.

Apples, State » B. 6 »do Western SXSdo Sonthern, common 4 -do prime s 4^do sllceil 7 a

Peaches, pared 15 ado unpared.qra Ahlvr 7X<a

Blackberries 9Cherries pitted 19 <»

Pecan Nuts *illi. 13 <•

Hickorr Nuts * hnsh 2 40 ®% 75

Peanuts, Va,g'd to fney do 1 75 «a2 17J4do com. to fair do 1 i5 (jl 5o

do WlL.g'dtobest do 2 25 a3 60

IS

9X2510

2?^IS

Grocers' Drngs and Sundries.

Alum .... 3xaBlCarb, Soda (Eng.) 4X<aBorax 30 -Sal Soda, Cask..Sulphur.SaltpetreCopperas...'Camphor, in bblB. .

.

.

CaatlleSoapa

16

2 <a

70 ® 78nH<» IS

16

BnaomSaU* ....•Sic. Licorice a

I Calahra Imitation 21

Madder gold. 11 • UKIndigo. Madras gold 1 IS «l SO

do Manilla gold. 80 ai 13XCordage, .M anllla, X and K . •.t}(» rSH

do do Large alae*. 19 9 II

Slsal a U

THE DRY GCODS TRADE.Fbid»t, p. M., January 27, 1871

The indement weather which has prevailed durinpr the week

has prevented the few buyers who are in the city from canvassing

tiie market to any extent, and transactions liave been limited in

consequence. The market is becominfr more active, however, in a

(reneral way, and as the supply of all classes of froods has been

greatly increased an increase in the movenientsdurinfttheensninit

week is likely, should the weather prove more favorabla. Tha

number of out-of-town buyers in the market is still small, but re

ports from various localities in the interior are to the effect thai

dealers are preparing to stork up lor the ensuing season's trade

and many nrt» nlrrncly "u n uu- to this and other Eastern markets

Aa these dealtua ait> iouUlea* representatives ot the jobbing tra da

Page 28: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

124 THE CHRONICLE. rJanuary 28, 1871.

it is probable that the general trade from first hands will improve

greatly after the 1st prox., and jobbers will, it is thought, be doing

a fair business by the middle of the month, The prospects for an

active demand from retailers before the latter part of February are

not considered very encouraging, and a majority of our dealers

seem to be ot the opinion that this trade will begin this season

two or three weeks later than usual.

The retail trade in the city and elsewhere is said to be fair for

this season of the year, but is, of course, not very active. The

financial condition of the trade generally remains very satisfac-

tory and collections are coming forward promptly. No notewor-

thy failures are reported in any section.

DoMBSTic Cotton Goods.—The market for all classes of cotton

fabrics is buoyant, though the movements during the past week

have not been very heavy. The excitement in brown and bleached

goods, consequent upon the rumors of an inadequate supply has

stimulated the inquiry for these goods, and many buyers, who are

not ready to visit the market for their spring stocks have sent in

orders for staple goods, in anticipation of their future wants.

Prices seem rather more settled, except in a few makes of fine 4-4

bleached goods, and there are fewer rumors of an advance. There

is, however, much firmness, and prices on the entire list are with,

out quotable change with the exception of Allendale wide goods^

which are off about Ic. Agents have stiffened their rates of me.

diiun grads of both brown and bleached j^oods, but the jobbers

prices remain as heretofore. Colored cottons are without especial

animation, though denims are moving rather more freely, and the

general trade is fully equal to that usual al this period. Prints

are in good request, witli Inrger sales as the assortments ot me-

dium and light work are increased. The advancing tendency of

standards generally has been checked by the action of the agents

for Dunnell's prints, who, after opening their light work at ll^c.

reduced the price to lie. to effect sales, and have found the market

active at the latter figure, while at ic. above there was compara

tivfcly little inquiry. Nearly all of the mills which will produce

light work during the coming season, are already represented in

the market by an assortment of this class of work, but the offerings

are still meagre.

Domestic Woolen Goods.—The low water in the manufac-

turing streams still restricts the production of woolen goods, and

many of the principal mills are still behind on their production of

fine goods, the assortment of styles offering being limited. Theofferings are increasing, however, and the stock is fair, though

not nearly so heavy as at a corresponding period of last season.

The supply of medium and low grades is good, but the demand is

heavy, and in view of the limited production no accumulation of

surplus stock is likely to occur at present. The cassimeres pro-

duced this season are chiefly in stripes, hair lines, checks andplain eflects, no plaids being made in fine goods. The manufac-turers of medium and low priced goods are producing some me-dium-sized plaids for the clothing trade, but the majority of thegoods made are in the styles above noted. Prices open about thesame as at the beginning of the spring season last year, thoughsome makes are sold a trifle lower.

Foreign Goods.—Importers of dress goods have not generallyopened their stocks as yet, but one or two dealers are showinggood assortments, and by the first of February the offerings willdoubtless be very general. The stock of this class of foreign fab-

rics in the market is large, and considerable amounts are to ar-

rive by steamers now due. The class of goods offering this sea-

son are much the same as last spring, though very manv newstyles and colors are in the markes. In linen goods the trade im-proves steadily, and the movements from first hands are considera-bly in advance of those of a corresponding period of last year.Woolens of light weights are in liberal request, and fair sales areeffected. Millinery goods remain quiet, and without feature otinterest.

The exports of dry goods for the pa t wi^ek. nod sini;e Jciniiarj

1, 1871. and the total for the same time in several previous years* we sbowD in the following tnble :

onsly quoted. Amoskeat; A 86 12i do B 86 12, Atlantic A36 13, do 11, do H l.'i. Appl«ton A 86 13, Augusta S«

11^, do 30 10, Bedford R ^^6 8J, Boott 34 10^, CommouwealihO 27 8, Urifon A 27 8, Great PuIU M 36 11 do ri 38 10,

Indian Head 36 i8. do 30 lir^, Indian Orchard, A 40 13,

do 36 i\-i, LHConiii '> :;9, 12 du B 87 H, Lawience A 36 II,

Lyman O Mo 11, lo E 3>-;!;>J. Medford 36 11^, Nashua 6ie

O ii< 11^, <li) 36 i3. do E 40 15. Newmarket A 36 10^, Pacific extra

36 l'2i (loriXHili PeppBrell7-4 22i. do8-4 26.do 9-4 27i, do 10-4'

32i, d.i 11-4, 87i, l*«|)perell E fine 3» 12^, do R36 lli^, Pocaeset F 30

SJ, .:S.raiiao titiK G :13 1, do R 36 12^, Stark A 36 124, Swift,

Itivei 36 9, Tiaer 27 8.

Bleached Shbktings and Shirtings are in good demanH as

compared with other fabrics, and the movements on the

whi>le are fully up to expectations. Amoskeag 46 16. do

42 15, do A 36 16, American A 36 12^, Androscoggin L36 iRi Arkwrigbt WT 36 18, Baliou & Son 86 12i, Bart-

letts So !4i. do 33 18i, Bates XX 36 I61@18, Blacketoue 36 14,

Boott B 36 13^. do 30 n, do R 2S 9, Clarks 86 17, Jwigbt D 40^18, Elleiton lO-t 46, t'orestdale 36 14^, Fruit of the Loom 36

15, Glol).. 27 7, GoM Medal 36 12^, Great Falls Q 36 16

irtiU'K 'iemp.Idem 36 15, Hope 36 12^, James 36 16, Lonsdale 36 16,

Mas<,pvill^ 3>. 1.5, tfewmariiet 3o 12^, New York Mills 86 20Pepperull 6-4 224, do 10-4 87i. Tuflcarora 86 IS, Utica 5-4 26.(o"n 4 30. do 9-4 4\ do 10 4 50, Waltham X 33 H^, do 42 16

d> i; <i 25, do «-4 27 Jl, do 9-4 82^, Ho 10-4 40, Wam»utta 36 19.

Printing Cloths are in liberal request, but the movement continues

light. 64x64 H are quoted at 74c.

Frists etll freely, and the movement in lisiht work shows material

•ncrease. We quote as fdlowe ; American 11, Albion solid 11, Aliens,

11, do pinks 12, purples 12, Arnnlda 9, Atlantic 6, Dunnell's 11,

Hamilton II, Ijmdon moummg 10, Mallory II4, .Manchester 11,

vlernmac U. 11, 00 pinU anil piu'ple IS4, do W fancy 12^, Oriental

11 Pacific II, Richmond's 11, .Sinipnon Mourning I04, Sprague's

pink 114. do bine and White 11, 'to aliiitings 10. Wamsutta 74.

ObKOKs.—Caledonia 7(i 23, tlo 50 21. ilo 12 264, ''o •" 21, do 8 18

do II 224, do 16 274. Cumberland 13, Jos Gieers, 65 154, <*" '"^ '*

Keonebcck 20. Lanark, >o. 2, «4, Medford 13, Mech'e No. A 1 29.

Dknims.— Amoskeas; 26, Bedford I44, Beaver Cr. AA 23, Colunibi ir-

heavy24. Haymaker Bro.;4, Manchester 20,<Jti9 AX A 224. do B'* "'0

CousktJbans.—Amoskea? 114, Androscoggin — , Bates 9. Evereiv

154, I'idiiin Orchard Imp. 10, Laconia II4, Newmarket 10.

CorroN B,v6.s.—Ontario A$35@40 00, American *30 00, Andrnscog. -

!<in $37 50, (Jreat Falls A *35jOO, Lewiston *32 50, Stark A t35 00...

BaowN Drills.—Atlantic I24, Appleton I24, Amoekeag 13, Augusta

124, Pacific 124, Pepperell 18, Stark A I24.

Steipks.—Albany 84, Algoden 1 64, American 11-12, Amoskeaa;

19-20, Hamilton 19--.'ii, Haymvker II 49124, Sheridan A 10, do G 11,

Uncaeville A 12-13, Whittenton A A 224.

Tickings.—Albany 84, American 14-4, Amoskeag ACA 80, do

A 24, do B 21, do C 19. do D 17, Blackstone River 144, Oonestoga

extra 82 21, do do 36 25, Cordis AAA 24, do AGE 27, Hamilton 21,

Swift River 134, Thorndike A 14, Wbittendon A 224, York SO 224.

Ginghams—Olyde, 114; Earlston, extra, 18 ; Glasgow, 14; Gloucester,

18; Hadley, 14; Hampden, 15 ; Hartford, 13 ; Lancaster, It ; Lanca-

shire. 15; Pequa, 124; ParK MilW, 14: Quaker City, 14.

MoossBUNE Dblaines.— Pacific 18, Manchester 18, Hamilton 18,

Tycoon repa 23-27 i. Pacific MilU printed armures (9, do Imperial reps

224, do aniline 22, do plain as-'orle.l colored armures 19, do do

Orientals 18, do do alpacas 21, do do corded do 224.

Caepkts.—Lowell Company's ingrain are quoted at $1 for super,

fine, 2 mo9. credit, or less 2 per cent.. iO days ; $1 15 for extra super,^

and $1 424 for three-ply ; Hartford Company's $1 for medium super-

fine ; $1 15 for Buperfine; $1 424 for Imperial three-ply, and *1 50

for extra three-ply ; Brussels $1 80 for 3 fr, 1193 for 4 fr., and »2

or 6 fr.

IMPOIITATIOIVS OF 0R¥ tfOOUS AT THE PORT OF MEW fORK.

The importations of dry goods at tais port for the week ending Jan.

26, 1S71, and the corresponding weeks of 1869 and 1870, have been as

foUowa:

KNTKIRBD FOB OOMSOMPTION FOB TH« WKBK BHDINa JAN. 26, 1871

,

^ 1869. . , 1870. . 1871 ,

Pk?u Value. PkPB VnlBP Pubs. Valne.

MannfactUTBS of wool . . , 789 J333,446 755 $354,238 1,111 $468,209

do cotton. 1,193 370,051 2.021 592,809 1,739 508,909

do silk... 662 674,797 633 440,736 731 709,986

do flax....' 727 388,889 9% 265,68:j 990 260,877

Mlscellaneons dry goods B86 140,446 1,788 166,608 4.229 245,616

Total 4,196

^ITHDBAWll

Jl,701,627 6,138 $1,820,074 8,808 $2,183,597

PBOII l^ARBHOOBB AMD THUOWMTHU SAME PERIOD.

IMTO THE HABKET DU"

Domestics-PBOBIIBW TOBK.

Dry Goodss rUOH B08TOE

$&3,7D751,74791,43425,465187,231

Total for the week .... 102 $9,812 65Since Jannary 1, 1871 . 2,096 lM,4.iO 2mSame time 1870 576 75,570 365

" " 1869: 653 72,818 75" " 1868 568 84,140 801" " 1867 359 .... 127

" 1860 4,027

We annex a few pirticalars of leading articles of domesticmaoiiriclntp. our prices quoted beintr those of the hjadm^ fohhers :

Browm Shretinos and Sbirtinqs are moving freely, with agood dsgree of flrmnsst in all grades. Prices remaia aa preri-

Domestice.pki'«.

2562285122

1,603114

4.881

Manntactttrersofwool.. 497 $192,800 421 $162,221 622 $237,747

do cotton. 562 133,947 674 188,270 609 164.170

do sUk ... 94 118,656 102 118,915 105 118,427

do flax.... 828 183,361 640 125.967 695 166,418

Miscellaneous dry goods 1,815 81,720 6,008 66,708 2,976 44,007

Total '87296 1655.484 7,840 $662,081 5 007 $780,769

Add enfd'forconsu'ptn. 4,196 1,701,627 6,138 1,820^4 8,808 2483^7

Total th'n upon m'rk't.. 7,492 t2,35r,lll 13,978 $2,482,155 13,815 2,914,366

HTaBEI) »OB WABEHOOBIN8 DITBrKei TBB BAJCE PBBIOD.

Manufactureraof wool. .1,129 $4a3,.'>29 622 $241,478 772

do cotton. 744 209,.'i68 1.606 89.'j,758 7iM

do silk.... 129 126,981 167 171,6(V4 163

do flax... 915 25.3,094 712 167,274 681

MiscellaneouB dry goods 65 .39,425 5,087 47,357 5,054

Total 2,982 $l,a32,600 8,194 $1,02.3,471 7,364

Add ent'd for consu'ptn. 4,196 1,701,627 6,138 1,820,074 8,808

$294,97!206,1)58

20.5,836

14.3.322

74,817

$926,5042,188,597

Total enter'd at the port. 7,178 $2.7»4,S»7 14,882 $2,842,645 16, ITT 8,109,101

Page 29: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

Jaouary 28, 187>J TiiE (JUKONIOLE. 125

Pnblioati<m.

THE NEW YORK

Daily Bulletin,

A First-Class Daily Commercial

and Financial Journal.

The BULLETIN furniflies—

1st, The moft complete Financial Re-

port publifhed in any daily paper, em-

bracing :

The daily fales and quotations of every

Security dealt in at the Stock Exchange

and the Mining Board.

The quotations of Securities not on

the Stock Exchange lift, including South-

ern Stocks and Bonds.

A tranfcript of the official regifter oi

the Gold Room, (bowing every quota-

tion from the formal opening to the for-

mal closing of the Room—publifhed in

no other paper.

A fummary of the daily tranfactions at

the Sub-Treasury, the Gold Exchange

Bank, and the Clearinc-House.

A full table of quotations of S cerling

and CoKTINEN'TAL EXCHANGE.

The chances in the rbdeeming agents

of th^ wational banks, and the officiai,

I't^.t i/K ..L STATKMENTS OF THE NATIONAL

BANKS IN EACH STATE, as furnifhed by the

Comptroller of the Currency—publilhcd

by no other daily paper.

2d. The moll accurate and the ONLYDAILY report of the DRY GOODSMARKET, including a full Price Cur-

rent of ftaple and domeftlc fabrics, which

is corrected daily.

3d. A carefully prepared report on the

PRODUCE MARKETS, much ftillerin

its details than that of any other daily

iournal, embracing a full Price Current

semi-weekly.

4th. A daily ftatcment of the Receipts

aF Produce, the Iwports from Foreign

Ports, and the ?.1\nipe5T3 of Vessels

Cleared at the Custom. H.9H?c.

5tli, Its Cuv C)r.i.'..^tiA;. aiiJ 1-inan-

C1AL News is faiicr thsn that of any other

iournal.

6th. In its Editorial Department the

BULLETIN gives a fuller difcuffion of

current commercial and financial topics

than any other journal in the United

States; and in this cfpecially its influence

ranks fccond to that of no other paper in

the country.

7th. Its PRICE IS only about ome-halp

that of other leading commercial papers,

and yet it* information is fuller and in all

refpects as valuable.

Insurano*.

EQUITABLELIFB AHSVBANOB SOCIBTY

OK THE UNrrKD STATKil,

iia, 118. iM, la A m buoauway.nkw tork.

Asaeta over -Income -

$13,000,000e,ooo,ooo

WILLIAM C. ALEXANDER, Preiiaenl.HKNKY II. IIYDK, Vic«-P Midmii.

OKoRGK W. PHllLIP->, ^ciu»ry.JAMES w. tLEXAN <KU,Secretar)r.

BAMl'Kl. UOKUOWh, l.lty HtiiaKer.

N. Y. Daily Bulletin Association,

79 & 8 1 William St., New Yort

I. O. BOX 3,906.

Miscellaneous.

J.S.& E.Wright & Co.,

»a AMPrknklin strmt SKW TORK.6» Fraoklln Btrect BOSTON.

Ml Ch«itnat alrMt PHILADELPHIA.

AOENrS I-OR

PeppercU mtB. Co.,OtI« Company.

Uatoit Mt's. Co.,Columbia iar£. Co.,

Andro»coe|[ln mile,Continental Ittllls.,

Warren Cotton mills,liaconla Co.,

BoKton Duck Co.,Franklin <o,,

Xliorndike Co.,Cordis mills.

J.& W. Seligman & Co.,

BANKERS,NO. S9 EZCHAKGE PLACE, COK. BROAD ST., N.T.,

Issue Letters oi Credit lor Travellers,

Payable In any part of Europe, Asia, Africa, Austra-lia and America.Draw Bills of Exchange and make teleKrapbic

transfers of money on t-urope and California.

SOUTTER & Co.,

No. 53 WILLIAM 8TKEKT. NEW YORK.

:DeaIer8 In BIUb 01 Kxctiauge. Governments, BondfStocks. Gold, Commercial }*aper, and all NejiotiahleSe'nirliies.Interest ailow«'d on Deposits subject to BtehtDrali

or Check.Advaucee maae on approved secnrlties.Bipeclal tacllitles foi neffotiailnj? Coninicrolal Faper.Collect* ^ael>ut»i inUna and forelaii promptlymadf.ForelKii i-nd Domestic L^oang Neeottatei)

WILLIAM ALEXANDER KiHiTII & CU.,

BANKKKS,

No. 40 Wall Street, New Vork>

DEPOSITS received and interest allowed at beatCurrent Hates.OOVEKNMENT and STATE 8KCDKITIES, GOLD

UAILKUAI) BONDS. STOCKS, etc.. bouj-ht andSold on Commission.ADVANCES made upon approved Secnrltlea.C0LLE(;TI0NS made, and Loans NeiEoclatRd.

Transportation.

URKAT

Southern Mail Route

NKW OKI>BANS,mOBLLK-

mKini'IlIN,ALL HAIL.

ANC

m(M|||'1i|||im| ii'illiiiiiii^T

Let we Newr TorkAt 8.10 A.M.lur KICHMONIi.andPoiMson tneCoaatAt 9.0 P.M. fiom fort of Coitl.n.li .1 ....i «u \.wVork and I'li<jade>Dhis I ine 11

KK^ MAIL ilH la 1 ltAi^ *Orleans, Wchilo. Memphis, f:i. !•!

Atlanta, Macon, and ItiKTMM-i ^ '

1

STATIONS.Uile*

NEW TOKKWASlllNOTi'N as0OiaJ01<bVlLLU.... sulliilSli'L 61JKNOXViLLE '4•1 i.itvKi.A D astCil.vrrANOOUA... 350NA81IVII.LK ITOi

Ic OUlNlll 'WSJCKANILJU-VCTONlICnMEMl'HIS 115;i

"J iCKSi>N 13 »ATLANTA »«MACow lunsMUMUOMERY 1121Monii E xaNE . OHl.EANS 1508

«ti>'<; sor I II. ii< 'ih Hurra.'1 iMl«-. 1 Ime.

I r. « (t p.m. Al . ikty *i.Di." fi„V» a.m. M V.UO p.m**, WA'. \»Mi. lM*|Mtr" h.'V ...m 7.S8 p.m" 1.11 p ra.

" U It H.m." BJi6 ,. lu. •• 6Z? am" 8.tO p.m. 4.45 n.mAr. S.«J ».m. •*

0.00 p.mLv. 9.00 a.m. • &M I'.iu" IIJW »jn. tM p.D1Ar. 2.5S p.m. W.19 p.mLvAlA'' p.m. •• iSt pjnA r. 8.85 * m. Va M4n" 1 40 p.m. 7-%S a.in" 8.(0 p.m M 9.49 B.m" 8.(10 » m. •• 6^ p.m" 10 10 H.m " ,J» a.ni

* Clian^e cars lor Atlfti:ta. Macon, Moiitftomery,.Selma, West Point, £u(aai». Mobile, Savannali.audinicrniedlaie poinis.1 1- har ge earn for Washvilis and New Orleans. No

cliaiitfe Horn tiiis poitii to N^^w iJr.eans.

t Chan>ce uars lor Mobil.-, via M.* O.K. K^All lUII.$Cl)an^<; car« lor Memphis.•• t.Uaiipe cars lor Vicksburji.

J. B. VAXES,Oeneral Eastern Pas-'^eUKer A^ent.

PACIJ-'IC MAIL STKAMSUIP COMPANY S

THRODOH LINE

To California & China,'rouciiliiKatmexlcau Ports

AWaf^i^

IN ANTICIPATION OP|

The Rc-openingof Pari^

19 WrUUam street, New Vork,January i, isji.

All persona who have left ba^tfage. personal effectsor interrupted bustneas In Pans, are hereby informedthat if they will at once address our hnglish bouse,

ijowles Bros. & C<>».,No. 449 Strand, Charins Cross,

LOND N,

with psrtloTilsrs sod mstrucUons, the same shall beforwarded or lulfllled immediately upon the re-estab-ment of commun'cations.The public is also notified that we arenow prepared

to again draw bills upon our Paris bonse, payable at75 days from date, in case ot delayed presentation, anddisc. -untable at bank rates by r house there or laLoudon, til the option of the holders.

V' e will also cliarKe oursi-lv a with the receipt ofmoney or letters to bo conveyed to friends, either inor ouwiUe of Paris, In any part of France, whicli ..lia 1

be .is promptly delivered a-* circumstance niav per-mit. I bese servii-es are ft-ee to all, and not restrictedto the clients of our own liuuse.As our house In I'aris never has been closed during

the siege, it is theref'>re in full practical operation forthe recommencement of ouulde busloess without lossof time.

miWLRB Bum iiKfiS * CO.,19 William it.. New York ; n Statesi.. Iioston. I

N.H.—Our Irlple Currency Crtdlts for th« ase ofTravelers will be found preferable and available lis I

•sy Jairt of Ui« world.

CARUVINO THE UNITED STATES MAILS.

Uii tbe 4tii and 20tli of Each month.Leave PlKJi « NORTH KIVER. toot of Cana: street

St 1:1 o'clock uuon, as above (except when those datestail ou auiiilay, and ihen on the preceding Saturday),tor ASPIN WALL, connecting via Panama hallwaywith one 01 the Couipauy's t^teanishins Ironi Psuamslor 8AN l-KA.\'l:lSl'o, tvuchinc at MANZANILLO,Also, connecting at Panama with steamers forSOUTH PACIKIO AND OEKTHAL .^.\1^.B1'JAKPOUTS.One Hundred pounds baggage allowed each adnlt.

IJaggage.masters HCcompaiiy baggage through, andattend to latlles and children without male [rt-orvc.

tors. Itagfiage received nu the dock the oay beforesailing, iron) steamboats, lallroails. and (lasnengerswho preter to send lliem down early. An expertelicwli.urgeou ou board. Medicine and aiieudance tret-.

Kor passage ticl ets or lurther Information apply totile Company's tl,;ket oUlt^e, on the wharf. ;oot ofCanal street North River. New Vork.

F. K. B./I.BY, Acent.

.For Liverpool,(Vifi ttneenstowB,)

CARRVISG THE OflTKD STATES MAILS.

THK LIVEKPHOL AND ORKAT WKSTKKKSTEAM C' MF.^'Y Will dispatch one of thetr first-

class full-power Iron screw steamships from

PIER No.W ^ORTII RIVBR. EVERY' WEDNESDATas follnwa:

MANHATTAN.CaotaIn Forsyth. .Jan.M. at II A.M..MlNNKSnTA.lapt.T.W.Fre.n.anFeh. l,«i -JUPM.II'AHO. Ciipt PrI.e Feb. % at 8 P.M.NEVADA." »i Iain tireen Feb. 1.1 »i 2>.:P.M.Wl-co MM, Capt. Williams lebw, «; s ' >.M.COLORADO. ( api.T.K. Freeman..Mar. L at ia.i<PM.

cabin paft.saite,CS(l gold.Steerage passage. (Olhce No. '.29 broadway) $9UcBr^

rency

.

For freight or fwbin passage apply to" I LIA.MS4t Gl'HiN. >" ce. \V:ill4t.

a I ' '

Journal of CommCrce,Pl'BLISHED EVERV moNDAT,

t^ORT^lWK^T 1 'll^v Kli TMIUI) «Ki. oAliNUTSTSSt. Louis, mo.

ClRCtTHTiON.— IjtJiUk' »• d lu reaakg clrcnla.lion- f tUe.l l ,Al..»i|. u*''!!!--!'!'* ENTAilVBCLASS otiiedKl: T Ktf A.N sOITII r>-ii.l r«It a veiy d*'.-irsb>K advcrllslng irtedlunt to ih, .Muku-1ai:tnrer as well saixSle. li. ail imiisur tt.n luJtedSt.tes,

SUBS RIPTION ItATES:ANNUAL ... - tSOOIfFMI-ANSlA!. - «t M

WOLCOTT Al mAU.mADUKK,£t. Louis, Zept.,lgnj. PuhUalMls

Page 30: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

126 THE CHRONICLE [January 28. 1871.

Boston Bankers.

Page, Richardson & Co.

,

RANKBRS,7 State Street, Hontoii.

Bills of Kxchauxe, and Commercial and TravelersCredits issued on

Tbe Cltv iii.>nk, i

AND }.l,ONi»«N.Kobert Beniioa dc *'o., \

iTlunron « Co. i

ASD VrARis.niarcitard, Andre itCo.,)

Otrcolar Notes available tor Travelers ia all parts ofiiJurope aad ttie t£ast.

Parker & Cobb,BANKERS, 88 DEVONSHIKK STREET.

BOSTON,Bur ond •ell Vireatern City and Gonn-

ty bonds.

JfhilddeXphia Banicers.

BKJAMiso!ir&LCo.BAXKElCS.

PHIIiADSHiPHIA.Transact a general Banking atin Kxo'iaage business

Including t'urcbase and Sale of Stouts, Bonds, Gold«C.. on Commission.

Westera Bankers.

GiLMORE, DUNLAP & Co.,

108 «c 110 West |r«urtl> street.

CINCINNATI, ««« «».

Dealers In COl,», 8II.VEK and all jtlndr

eOVBKNmENT HON OS.

COLLECTIONS n.lDB &t al! accessltii

pelnts and remitted lor ob day oi payinent.

CHECKS ON LONDON A^VO f>AMtS

KOR SAXiS

Field, King & Co ,

Cblcago, lU.,

FINANCIAL AGENTSANDKKAL KSTATK LOAN Bl'.OKERS,Will make investments for Corporations, Estates andIndividuals an'i negotiate Heai Estate i.oans, Cum*g;ercial Paper, Railroad .iouda and stocks, auu otber•cnrltle*.

Refer bj permission, in CItlCAOO, Co

W f. COOLBMJUH, President Union Nat. Bank,8. Ml NICKKRSuN.PrrsldcDt First Nat. liank.

Samuel A. Gaylord & Co.

Western Bankers.

Second National Bank,TITUSVfLLE, PENN.,

Capital ..... »aOO,0«0Jeposited with V. S. Treasurer to secure Circulation

and Deposits 500,000.

C. HYDB, Cashier. CHAS. HTDB Pres't.

NATIONAL BANK OF THE STATm:OF ItllSSoDRi.

In St. Louis.ESTABLISHED 1837.

Capital paid In .. »3,410.3o>>

This Bank, having: reorganized as a National Bankis now prepared to do a jrenerai banking l)uslne8s.Government Securities. Coin. Gold Dust aiid Bullion

boi^ht and sold at current rates. Special attentionffiven to collections tliroughout ttie \\ i;sl.

Jambs U. Bbitton. Pres. Cbas. K. Diokbo^", V Prce'tKdwabd p. CuR'rrs f;;tBtiler

Stocit and Bond Brokers,no. 323 NORTH THIRD STREET

SAINT LOUIS MO.

California Trust Co.,Ul CALIFORNIA STREET, SAN FBASCISCO.

BANKERS,Dealers In Exchange, Ag nt? in Financial and Tmst

business

INTKKKST ALLOW KD ON PEPOSITSJITIONEY TO LOAN,

Strong A'aults tor Sate Deposits.nfl Preside It.

| Cashier.^ENRT L. DAVIS. I D. W. C. IHOMPSON.

Trustees:H. H. Ha'.zht, John i urny, W. H. Sharp J cJohnson Samuel Crini C. W. Hathaway, 11. Barrol '.

'?,*'•/ ll- "»;d. M.Rosenbanni. J. O. Mdrldge, S.HeydenMd'. It J. Ho.nh, c.i. Heerinir, F. s. Venl•Inger, W. B. Oimml,,!:. it. L. Davis, 6. M PlumWm. Blackwood, c. s. flobbs. a. i>. Mion.-i'y^i

NtW YORK CORRESPONDENT:Vint National Bank or New Tork<

Morton, Galt & Co,

BANKERS.150 West Main Streer, Louisvilie, Ky., dealers in

Foreign and Domestic Exchange. Goveriiinent BondsandaULocal Securities. Give proici.rit attention tocollections and oraers for investment'of funds.

W. M. F. Hewson,STOCK BIKOKGR,

Otace No. 21 West Third street, Cincinnati, Ohio.Refer to : All Cincinnati Banks, aad Messrs. LOCK

.

WOOD & Co.. New York.

Southera Bankers.

A. C. Kaufman,BANKBK AND BROKER,

CHARLESTON, S. C.

Uncurrent Bank Notes. Bonds, stocks. Specie fix-change, &c., &z.t bought and sold.

COLLECTIONS ON ALL ACCESSIBLEPOINTS

In South Carolina made and promptly remitted for.

Nkw Yobk Cobbkspondknts :

Henry Clevis & Co.. KouutzeBrotliers,J. M. Weith* Arems.

JAUSS ISBSLL. R. H. ISBILL.

IsBELL & Son,BANKERS,

TALLADEGA, ALABAMA,Special attention to collections.

New York Correspondent .—HOWES ft MaCY,

STATE OF ALABAIUA.

The City BankOF SELMA.

Capital ..... SI 00,000

JAS. ISBELL. of Talladega, President.

WM. P. ARMSTRONG, Cashier.JNO. \V. LOVE, Assistant Catitiier.

.S.Y. Correspondent—Importers and Traders Nationalliauk.

T-J

Perkins,"BANKER.

EUFAVLA, ALABAMA.BXCUANGE, BANK NuTES^AND COI.N BOUGHT

AND sot .

Collections made en all acoessible points in theSouthern Slates.

W!C. FOWI.»K. R. H. SOHK^RTILL*.

Fowler & Sommtrville,BANKERS &. BROKERS,

MOMTGOMERT. ALA,Special attention given to purcliase of Cotton.

Southern Bankers.

Edward C. Anderson, Jr.

BANKER, FACTOR AND

Commission Merchant,<avannali, Ga.

Special attention given to consignments of Cotton.Gold, Stocks, Bonds and Foreign and Domestic

l!.xchange, t>ouglit and sold.»:ollectlon8 prompttv remitted loiOrders solicited lor the purchase oi Saies ol Produce

and Securities. Prompt attentior guaranteed.New York Correspondents: Lawrknce Bpos.A

J.W. Wheatlf.y & Co.,

BANKERS AND BROKE l!S.

AMERICCS. GA.Do a general banking busirtcss. Cotton purchased

on order. Collections made and pioiuptly remittedlor.New York Correspondents — Messrs. Wm. Bryce

ft Co.

E. E. BvBBCss, Pres't. A. K. Walkbe, Cashier.

First National Bank,WILMINGTON, N. C.

CoUeclions made on al parts ol the United States.

Raleigh National Bank.OF NORTH CAROLINA.

DESIGNATED DBPOSIIOKY OF THK UNITKOSTAIES AND FINaNC1,vL AGENT.

W. H. Willabd, President. C. Iikwey CaflhlerJ. C. Blake Asst. Cashier.

Cubbedge & Hazlehurst,BANKERS AND BROKERS,

MACON, GA.

Make Collections, and do a (icneral Banking andBrokerage Bnslness.

REFER TO BAST RIVER NATIONAL BANK.

John B. Manning,BANKER AND BKOKEB,

NO. 6 BROAD <S-|'KERTSpecial attention given I.* Southern Securities, and I

Blormatlon eoucernlng then fornisbed.

THOIMERGUSSON.BANKER,

SELMA, ALABiiraA,Special attention to Cullections.

No charge for collecting city paper.Keteis to Henry clews & Co., SS Wat; street, N,Y

J.L. & E. H. Levv^

BROKERS,NO. 126 GRAVIER STKEKT.

NevvT Orleaus, La.

f :old and Sliver Coin, 'Uate an-l City NotfB,Insurance Scrip, State aud City WarrantsBank and Kallroad Stocks, I'nited tsiar*8 Bou-is.Uiicarreiit Bank Not«s, Mutila'*'.! Currency*Land Warrants, - ommercial Paper,

Bought and Sold exclusively on Com*mission.

Particular attention pild to tf ettlement of State andCity Taxes.

Lancaster & Co.,aANKER.<i AoD STOCK AND EX-

CHAN«iE BttOK><:RS,

No. 1 1 13 Jflalu Street, Richmond, VaHROtt'N, LitNCASTER «: CO.,

No.30oODTH8TIiEET,BALTlMOI!B, MARTI.AJfU

LANCASTER, BROWN ic CO.,No. 2 NASSAU STliEKT, NKW YORK

R. T. Wilson & Co.,LATE

WILSON. CALLAWAY & CO.,

Banker, and CommlKSIon Mercliant.,

No. 44 BROAD STREET, NEW YO KGf»veinment Securities, Stocks, Bonds and Gold

bouulit and sold on the most liberal terms. MorehantBankers and others allowed 4 per f-ent oa deposits'The most liberal advances made on Cotton, ' obb?r«sAc consigned to ourselves or to our correapoodeniMeurs.K. GILLIAT A CO., Llverposl,

Page 31: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

January 23, 1871.) THE CHRONICLK 127

PRICKS CURRENT.

?ot.l«tlort V 100 » 6 13 SIMIIKESWAX- „ _ „„American y«llow. ..» » » a UM

BRKAliaTrFKS—Bii»»P«ol»l roport.

"cl^rm.tTnh.M »»«»«!•,!$Croton. JSSSf »Sr.

bUrrKU AND CUKKBB-Butlor—

gtati! tlrklm, primaSutn, flrkiii'. rairlii ,,..i,..ii„j,,. I'tioloe.

M98M -W «96 »I

Wi'»terii,l;rl[UO ?I ^ ISWMI«ni,r»Jr » • a»

Choeae

factory prime ...

Factory fair

.

raKK^Vvai •»•• ....• ^*'•Vrarra dalrloa, prime W ••farm dalrlM, fair IX «arm dairies, common ... »*<»

OUl'>i»lrto prime 10H<*

CANDLKS—

ISK

tOkiiii

'HV'-rou. • »Jpurm, patentgtearluAdamantine

O^MKNT-Hoaendaie . .

OOAi^Newcaatlo itav a;MO k .

.

....» SOw a 10

38 « WIS » IS

'. »

UvorpooriTaicauUfl .T.. W uue }H 00

Liverpool Viouao caiinel ..

• bbl ....a

« waIS Hue:« ooa n ou

cdcoa'—Caracas «• » 1« » 1»KMaracalbo (KOld in UouJ ) .18 » »Onajraiiull do do .... » a lOX

OOFFKG.—See apeclal report

CQPPKB- „Sbeatlilug, new Vn 90

Bolu ta a ....

Brallera' M a ...

SheatliliiK, Ac, old 1» a K)

Slicuiiiliix.yel. metal.uew Hi a ..-

Bolts, yellow metal H a ••Yellow metal nails SS aAmerican lOKOt U » nn

COKPAOE—Manilla (large and small aixe)

per lb HHaiSHT rred Manlilu aWSisal Kope. allaUea ai6H^sslaBot Kope amOORliS-

1st rcKOlar, quarts, V xro. SS a 10dosuperUne 140 ai W1st reiiular, ptnie 8S a MMineral 50 a TOPUIal 12 a 40

COTTON—See special report.

COTTON 8EED-Coltons'd, Up'd V ton ... O ....

Cottuii s'd, B. la. V ton 20 OO a 21 U)

D8U0S AND DYBS-Alroliol, 1

Aloeit, Cape V ft

Aloes, SocotrlaeAlumAiinato, good to prime .

Antimony, rug. or. .goldArKOli*. crudeIrtfols, reUued goldArsenic, powdered. "AsaafotldaBalsam caplvlBalsam tolasalaam Peru 8Bark petayoBerrlea, Persian... gold

tlcarb . soda, N'castle "

1 chro. potashBleacblnx powderBorax, rtfinedBrtmstone.cru . Vtton gldSSBrimstone, Ain. roll VIbBrimslune, llor sulphur.Camphor, crude (Inl)uuu> gold

Camphor, reHnedCanttaarldes ¥ is 1Carb. utniiiunla, In bulk. .

Cardamoms, Malabar ... 5Caator oilChitinomlle dowers, «« ft

Chlorati* potash ...itoldJuustic »odaCarraway Hpcrl'^oriii: :

Oocli, .KOldCacl.i ... 'C.Jp.» -^ --.an....Cream Lai tar, pr ...KOldCuhebs, Kaat India......CutcliBpsumsaltsBxrtact loKwoodKenaell JieedFlowers, buuKOtn. .^ oc.Oauibler ...gold..*! ».Ganiho»reUlnseiig, Wei^rnUiiise.nK. SoQthernUuni Ariiblc, olcked....Uuiii Arabic, sortsOuiu beiuoloUuiti kowrletiuni xeilda goldUuui daiuarUuin jiiyrrli. East India..Ouiii myrrh, I'urkeyGum UeneKalUum tragaeantli, sorts..Oum tratfacanth, w.Jakey gold

Hjpd. potash, Pr. and;ng gold 3

lodlue. resnbllmedIpecacnaDlia, Brazil/alap, goldLac liveLicorice paste, Calabria.Licorice paste, Sicily ..

.

Ucorlce paste, bp., solidLicorice JListe. (,reek...Maiidrr.UnU'li goldHadder, Fr. KXF.F. "

Manna, larife Hake 1

Sanaa, small dake I

atlwit s«wl, l>l. , , ,

.

eosso

SIXS)i

a404

»]i

SB a inx7 a

90 ayi a16 a•xa

J «su a10 a»7 a90 a.. a37Ha

unasua« aoo asSa

20 a70 a20 a... auu a^^ a2<j aa^tia

IV aIV a01 a....aixa....»In a....avxauxaso a40 aSi a«9 a*i «40 a....aukVa12 a42 a42 a....ais a

ns is

'i'i

is"DO2SOIK10

T2Sa S5

90 a 3 70

a 4 7S... a 1 soso a ...

32Sa ..

4 H» 42]

22 a S6•23 a ..

SI a ..

iiMa 12

sxa 10711 a 1 7610 a ..

•xa 17

a ...

JJ2.SlS»tISOIS7t<

asmnfsiSI

2 1

llSIK

I 26

W301«8SHSX

MnstaTdseed.Trlestit... It

NulgallS, blue. Aleppo.. 28

Oil aula a"l'' 2 86

Oil cassia " ....

1)11 herinmot 4 44

on lemon J JOOil peppermint, pure ... S »Oi: vitriol (lib to en degs) 2 00Opium, Turkey ...gold. « 28 _Oiallc acid gold. l«HaPhosphorus god. «2 <

PniMliitu potaab.Amer. 3SViguh'ksiiver so I

(luinlne, American 2 30 <

Khubarh, China 1 40 I

Sago, pearled 7 I

Saiaeratns .... SO i

Salaminonlac, ref. gold. lOJi'

Sal soda, N'uwca'tle, ir'd 1 !>2Hi

Sar«aparllla,H.j^'d,lDb'd —mSamaparllla, .Mex. " 13)iaSeueka root W aSenna, Alexandria 15 aSenna, Kast India 14 aShell Lac 80 aSoda ash (80 p. c.) gold. 2 2-CiS

Sugar lead, W'e .... " 2isagnlphate morphine,f ox 6 SO a ...

Tartaric acldichrystal)gold V n. SO a 9S

Tapioca Sna -i.-Verdigris, dry * ex. dry 11 <ii SSVltrlol.blne tlta ....

DUCK-Kavens,llght V pce.19 00 a ....

Itaveiiii, heavy 17 «l a ....

Scotch, O'ck, No. 1,» yd t* a ....

Cotlou, No. 1"^ 46 a ....

DYE WOODS— „Camwood ...gold, • ton. 100 ooa ....

Fustic, Cuba. • " a ....

Fustic, Tamplco gold 19 00a —Fustic, Jamaica " 18 UOa ....

Fustic, Savanllla •' 13 lOa ....

Fustic, .Maracalbo.... " !0 OOa ....

Logwood, Laguua.... " 82 00a ....

Logwood, Honduras. " 2S OOaLogwood, Tabasco... " 80 OOa . .

Logwood, St. Domln.gold 17 Ooa 18 OCLogwood, Jamaica IS OOa :7 00Llmawood cnr. 61 3Ca ...

Barwood gold... a ^ 00Sapanwood cor. 85 OOa 3d (0

Flsfl-Drycod !(l oulnt. S !iOa 7 75Pickled scale V bbU 4 Sua 5 OOPickled cod * bbL 6 00® C 50

Mackerel, No. 1, shore 27 Ooa27 .10

Mackerel, No. 1, Bay ^i IM&ti «l

Mackerel, No. 2 1300*....Mac'rcl, No. 3, Mass., large. 12 0'iai2 60Mackerel, shore. No. 2 12 00ai2 50

Mac'rel. No. i, Mass., ined. 9 Oda 9 50Mackerel. No. 1, llalllnx... 28 50a ....

Salmon, pickled. No. 1 27 008,27 50Salmon, pickled * tee aiM 00Herring » bW. 6 OOa S 00Herring, scaled. ...* box. SOa 40Herrlng.No.l 20a 28

FLAX-Nortli River * » 18 a

FKIj'ITS—See special report.GKucl^UlES—^ee special report.GUNNV BAGS—Oaljutta, llghtih'Ty, p. c. 13

GUNNY (ILOTH-Calcutta8tanaard....yard 19

GUNPOWDK14-Blastlng(B;.... V 26 D keg a ....

Shipping 8 90a ....

Keg ride 5 75a ....

Meal 565a ....

Deer 5 iia ....

8portlDg,lntBcanls'trs.)PB tSalOOHAY—North Hlver, In bales V 100

lb for shipping 110a 123HEMP-Araerlcan dressed.. V tonJTS 00(^385 00American undressed ITS OOai^ 00Russia, clean 240 OUaItalian goldJMO 90aManila f> a '.uveaSUal , 9 aTamplco 7MaJute ttoli 5 a

HIDES-Dry Hides-Buenos Ayree..|lft goldMontevideo "Klo Grande "Orinoco **

Callforula "Ban Jnan ,. **

Matamisraa **

Vera Cruz •*

Tamplco **

Porto Cabello "Maracalbo **

Bogota "Tnixlllo "RIoUache •Curacoa "Port au Piatt "Bahla ••

Texas cnr.Western "

Dry Salted Hides—Maracalbo gold.Maranham "Pernambuco ....... **

Matamoraa '*

Bavanllla *Bahla "Chill "Sandwich Island.. "

Wet Salted Hides—Bnenoe Ayres. . V lb gold.Rio Grande "California " ll^aPara •• 10 aMew Orleans cnr. 10 acity slLiu;;iiterox Jkcow 9 a

Upper Leather Stork—B.A.&Rlogr.UpllilbgId 2«HaMInas 32HaSierra Leone err. S7 aGambia and Bissau. " 80 aZanzibar "

Ba,;!. India Stock—ChlCul. slt.cow VlbgoldCalcutta, (fead greenCalcutta, bu>ralo....<> •Maullla«Bat. buir..Vn

aONKY-Ouba(dntyp'd)gold«igall.1 1} 91 15

HOPS

Cropal':0(gMapriiiie)«in 13 a SOd" 1869 S S 6

T^avarliiu (new crop) 16 a 35HOKNS-Ox, Klo Grande * C. 7 UOa ...UB.AaMicaa SgoSta

14H

a 18K

a 30

25

24X®23 a22Ha19 asoKa20 a20>ta2UHa18 alib a21 aIS a17 a20 a20^a19 a

lOK

a 2074

25

2S"21

liw21

21

1822

y-h18161821

21X

13 a15 a18 ais)^a12 a13 a16 aisxa

;2xaUna

20 a16 a12 a10 a

1814

14

17K18IS1713

an13

12lOHlOK10

27H23888223

1«XIS

I3X11

;s^

IKON-Plg, American, No. I B 99 ..^Pig, Auieriean.No.l...... CM M 00Pig, An. erica 1 Forge IT 009 2* "0

Sl«,8roltl> No. 1 80 000 84 00ar, raSned.Eng. * Amer. 79 ooa

•ToraraiOB*.Bar, Swedes, ordlnslzes...llO 'J

Bar, refined (as to sisej.. 1ft

'

Bar, common IDScroll QOvals and hall round .... 17BandHoraeshoeRods, xas.lS Inch. ^Hoop 10!Nail, rod V • SXiSheet, Russia lD«vSheet, sing., donb. * Creb. *%9 •Balls, Kng. (gold)..* ton. H OOa 88 00Ralls, American IV OOa 7S 00

LEAD-....gold.e 16 as 3S

" a ,5 as 25• 30 ao 90

net.8 76 a..." 10 36 a!0 35

.-cash, V lb-^8t a "a

IMOO1 71180r.25 00|J3t00

1140 00

II

SpanishGerman.BngllshBarPipe and ebeet.

.

LBATHER-Oak, slaughter, heavy ....

ddle....middle.... 84light SS

crop, heavy 87•r <« mifidiA nt a

aasa

vs a26 ar, a2: Ha26 aso a24 a20 a

3920

27H2SH2927332621

middle" light.. 34

*' rough slaughter 8SReml'k, B. A., Ac, heavy . 39

mldiHe. .tlight... 27

** California, heavy. v8•• •• middle 26•• •• light. 21" Orinoco, heavy .

.

" " middle." " light...." rongh** good damaged . .

.

•• poor **

LIMB-Rockland, common. Vbbl. 130aRockland, heavy 196a

LUMBKR. STAVES,4o—Southern pine »3!» 30® 33 OOn hlte pine box boards. . 18 (H)® 23 00While line mer, box b'ds 22 lOa 24 00Clear pine 5 ; 00® 60 1

Cherry boards and planks 74 On® 79 00(,)ak aUii ash SO UOa rO (lU

Maple and hirch 84 00® 45 0091... kwalnut 9U 00®130 00

K-inu:> sycamore ii OiMS 50 301-lnch di 50 00® 52 0(1

Snriiee hoarrls and planks 'is 0<i® 30 00Hemlock bo'rds and plank 24 (0® 24 10Extni heavy pipe staves 1||210_00!

Heavy doLk'lit doKxtra heavy hhdHeiivy doLlglit dohxirH heavy bbi.Heavy doLight do

do 11500do 16001do 1:« IX)

OO 14O00CO 125 0000 125 COdo 110 Ml

do 8000MolHSSessbooks,lncl.hea<l'g.2 50@2 TOl^um do do . 4 50®SQvar do do . 3 S0®2 66

MOLASSES—See special report.

NAILS-Cut. 4d.e60d «>iooib4s;xa 450Clinch 5 87'<a 6 00Hoi^esboe, rd(6d.)..«< K 23 ® .8Copper 37Yellow metal ""

NAVAL STORES—Yellow metal 32 a ..

Tar, Washington.. Vbbl. 2 35 »2 aTar, Wilmington 2 40 a2 45Pitch.city 2 50 a .•Spirits turpentine. V gall. 48 a 49HRosin, cooiminou to goodstrained. «> 280 B 2 20 a2 3i•• No. 1 2 75 S4 10" No.2 2 40 ®2 62H'• pale 4 25 a.^! 50" extrapale 6 00 ®7 OO

OAKUM »» ;h® IVHOIL CaKE-Cltythln,obl.,lnbbls.Vton ®)2 OC

•• In bags 39 75®40 00West, thin, obl'g, in bags... 41 00« ....

OILS-Ollve,Mars'es, qts V case 4 05 ® ....

Olive.incasks....«<gsll. 1 25 a 1 30Palm .> lb 9!K® . .

Linseed V gall. 80 a 81

Cotton Seed (rude 47 a 48Hyellow 97 a 63

Wbale, crude Northern.. tiS aWhale, bleached winter.. Vj aSperm, crude 125 ^180Sperm, winter bleached. 1 40 ai 42HLard oil, prime winter... 1 12 al 15Red oil, 66 a 70Straits 66 a ...

Ne..i> roots lOV al 40PAINTS-Lltharge, V»Load, red,Lead, white. Am., In oil.

Lead, white, Ainer.. dryZinc, white, dry. No. 1.

Zinc, whIte.No. 1, In oil.

Zinc, white. French, dryZinc, wh., French, in ou

9 a> a

... asxa6><ai *10 aIS as a6 a

11

13lox

^iiie, m II., r 1 ^iib.i, .1, VIOchre, yel., French, dryOchre, "ground. In ell

Spanish bro.,dry.V 100 lb 1 00 a 1 26Span.bro.,KrMrnoil.fQi 8 a 9Parii white, KiiuflOUibs a 3 26Chrome, yellow, dry 12Ha 28Whiting, Amer..«< 100 lb 1 90 a I 76Vermimou. China... »i ft 85 a ....Vermillion .rleste .... 90 a 95Vemillllon. Amei ,eom. 22 a 27Venet. red(N.C.)«> owt. 2 26 a 3 00Plumbago a 6C><lnaclay V ton.23 00 a23 (lO

Chalk *> I> IMd IXChalk, alock V ton aBarytes. American.

PKTROljEUM-Crude, 40a48 graT.il gall.

Crude. 40a47 grav.(s.iirdRefined St'd white (sh'ng

order) • UXRefined prime, white,

(8h*ng order) 36 a —R le.l W. (Ji.b. bus) ...» 27

Naptha. refln.,e6-i3i<rav. 9H«S ....

Hesldnum VbbI 4 00 aPROVISIONS- „ „' Pork. HMs • bM(n«w>JS 00 SU8 50

8.1 a

Hat .i

Pork.prlme >. UW ais 0*Pork, prlmemrsa ,, siSi ioHeel, plain iiirMi 10 00 atS SOlloef. kxtra roes* IS Ou ai7 0)Beefhaina ..

llamaLard

KICB-Carollna....Rangoon, dn

as 00 aSIW.«» IS a IS

isxa is«

..»IOO» 7 90•a..cnr, 7 00

08 SO

BALT-'^""""• *"'''

' "^^ *^Turks lBland«..fi bush. 41 » ....Cadi/ « { «Ll^ I •' sack 3 M a ...LIv

i lilrigfs 2 88 S 3 Msi'LVn.i...^

..•..g-ds.2xa.i

Kellned, pure ... ft ....a ISCrude , ....5 ;x

sii'i)!'*'*""* '" •"* ••*

Clover |» ft iiita IIHTimothy Vbnsh. s OO a6»Hemp, fori Ign 3 90 a « 75Llns.-ed, Anier'n rtniiih .... a • -

LIns'd' al.lnN.Y.fibKS 3 80 a 3 SISl.li.seed.Cal. (bags) (InUoslon) gold 3 80 a....

Tsatlee,Mo.I,3,8.44tS.Sift 8 6M « SOTsatee, re-reeled * on® • 36Taysaams No. 1 4 3 " OUt< 8 25liHltieeij 8 SO® S 36Canton.re-rld.Noi ; cxdo S 26® 7 SvJauun,

. oniintin lo • Ui.er'r 8 OOa « SI.

SPELTKR—Plates, lor'n .« ICO V.golii 5 SlXttS UMPlates, domestic 8 25 ail 90

SPICKS—See special report.SPIBITS-Brandy- ^^ g,n.Henoessy .......gold 4 90®I7 W

4 .MalJ 004 aoi.uii ut4 sua sw4 60a • DOSTSalSOU890® 879360® 2 758 ina 4 !0

Otard, Dupuy 4 Co..Plnet, CasiillonA CoMarett 4 CoLeger FreresOther foreign brands

Rum—Jam., 4th proof.St. Croix, 3d proof. ..

Gin, dlRereut brands .

Domestic Htntorft—CoBh.-iicoliol (88perci) 1 66 ai SIMWhiskey...:....... M ® 96

8TEEL-RiiglUh, cast «l ft 16 a 18Kuglisit, spring 7 a 10Kugllsh blister lo a 17Eugiish machinery IIH® 14Kiigiish German 18 a 16American blister l-*" a ..American cast Tool. 16 a I?American spring ** 9 fii IIAmerican machinery " 13 ^ ...American German.. " 9 a 12

SUGAR—See special report.

TALLOW^-Amerlcan, prime, country

and city.. fi ft

TEAS—See special report.

TIN-Bauca V ft, goldStraits ••

English •• ioxw <»Plates, char. I.e.. »» box 8 62 «8 (TIHPlates, I. C. coke 7 37V:*, .,

Plates. Terno coke 6 28 ®7 vBPlates, Terne charcoal. . 7 ,5 ®8 36TOBACCO—See special report.

WINES-Madelra VSherryPortBurgundy port.LisbonSicily, MadeiraRed, Spun. 4 Sicily...Marseilles Madeira...Marseilles portMalaga, dryMalaga, sweetClaret «l caskClaret V doz.

SHa

sssa 4034X« 84HMX® 34

gold

gall. 8 soai Oft

1 30®9 0U2 0O®T 908u®l '26

3 20®S 50i UU®I 2Eauai vtlu® «•

1 («®1 151 05®l IS1 0«® I I.1

32 511®60 003 0089(4

WOOl^.America'), Saxony Fleece |tftAineriean, Full Bloou MerinoAmerican Combii.gExtra, PulledMiort , xtm. Pulled^uperBne PulledKo 1. I^uliedCslifoinla. spring Clip-

Fine, unwashedMeUlaniCommon, uuwasbeuiiiirry

Ca ilornid, h all C Ip ana L.Fine, unwashed-^lenlUlnS. nth Am. Me. Ino, Uuwssned^ou.h Am.Meattns.anwsshedon 'I' Am. C 'r.i.-,va, Wushed.

Cape Good H pe, unwaaiieo.Tela-, hueI exss. medumI ex as, coarse'Texas, B'.rrylexi'S, WesteriSinyrum. etlWa.hed.-myrna, wa-h< d« i

I>o..fkoi, washeoDonskol, onwaehcdZUfC-Sheet. * ft

53 ®J647 ®6S53 ®S838 ®4385 ®3liSS ®4S28 ®&)

30 <tl»:0 <ki.«

3ii (!«2i»

r, ®3V.nibs

3! ®2421 ®24r l»SU20 ®.'«38 MSir39 ®3a.80 ®«.» W14IS a281'' ®18It atoIS (*208 ItSl80 ®82I) ®ao,

turn

FREIGHTS— r-

To LivBRi'OOL:Cotton »Flour ....»bblH. goods. i> tonOilC'n.b*b.* bn.wiieiit..b. * h.

Beel sure.Pork ....» bbl.To llATUt:

CottonTallow .. .

LardTobaccoWood*PetroleumTn " --

T.Kja-HeR .

Nall»; .

Petruleom. .V

-VTSAai.—. .—SAIL.s. d. s. d

5 16 a K2 9 a S3

' «lSS II

aoo ». .

SK®..eX'*. .

. . a S686 ® 40by sail. «

* ft

... .. » ft

..«Ml«.

7 : •ot.

• * rt»ilb

.»kea.U.UI 10 gall

- li.

»-Q«tll-St3 'a.. .

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UXis »«X«...s^ a •u .....

Page 32: January 28, 1871, Vol. 12, No. 292 - FRASER...financial^ ranirk HUNT'SMERCHANTS'MAGAZINE, ^^^^ffeltjg^wieipaper, REPRESENTINGTHEINDUSTRIALANDCOMMERCIALINTERESTSOETHEUNITEDaiATEa VOL.12

128 THR CHRONICLE. [January 2 *, 1871.

Cotton.

Cotton.1.000 Tons Arroiv Ties for baling

Cotton.For Sale hy

SWKSaON, PERKl»3 & CO., Aqkwts,

P O. Box S.m. SO Baaver atreot, H. Y.

These Tlei haveb.ifta used ta )re L-xteiisively tliaa

aoyotuers. and la^t year lOr mor'S t;uin oiie-tialf of all

n<; itnton b!ile:l In cue United Stiles. a;i(l r.;C0iveci

he premiuLQ at several Sf.:ite fiirs.

VIBBABD, POOTK Sc CO.,

OHARIjES G. JOHNSEN,IPaOPBliCTORS AND MANUFAGTDUKKi OF

OOTXON TIES,BH^LAND, SEW \'0H< AND ^iKW ORLEANS

SKLF-FASTENINO BUCKLE TIE.

Ttils Is for the planti^r, the compress and the ship ;

' the best and modt ODitveiilent Tie nianafac tared, it

lsrec'jmme.idtfd by all of tiie de-ilorii in New oriodneafter s ihuronj^ti invustiiCatloQ as to the merits of thevarious ties lu use. Tiiuy are in>4(ie oi the best qualityot Eiiiiltsh tr.>n,niceiy p^tlated. pat up ta bundles ofuiiit'oriu wei>;ht .t:i(l are sjld uadjr a guaranty tohave entire satlsfitcciou

WILLIAMS. BIKN'IE & CO.,65 Heaver arreet, i^ew iTorfc.

Bole Agents lor ine Atlantic stales.For sale by dealers iirottguout tite country.

WALL ST., I Bt£A.TiftB sr. Post Odice Box 3102.

J. C. Rogers 6c Co.,Hew Yoek,

COMMEKCIAL BR0KKK3,

INDIA dc DO3IESTI0 CtCNUrV CLOTH,tOanny Dasti, I^lusoed, Jute Butta,

Sugar.

Joseph B. Glover & Co.Ebtabltsubd :8i2. .SO Central Street. Boston.

Reynolds & Brothers,

NORFOIiK, VIRGINIA,Bay Cotton, Qr^la, &c., OQ Commissloa.

John Dwigac c«c Co.,MANCrFAClllltBKS OF

4KiERA'rD8,SUPER OARB. SODA, icC,

%«. 1 1. 4»ld Mip, iv«w Vork.

Ever ett & Co .

,

66 State Street, Boston,

A BNT8 FOR

ACOnSTINK HBARD A. CO..or CBINA AND JAPAN.

AdTftnces made on consiKnmeQts ot approved merctiandlZK.

Wright 6c Co.,commissioN hierchants,

KlW DE JANKIliO, BRAZIL.Represented In the United states by our House,

Wright, Brown & Co.,

Ho. 69 WALL STREET, NEW YORK

Henry Lawrence 6c Sons,

MLANUFACTOREBS OF COKBAGB

VOa EXPORT AND DOniKSTIC OSK.m FKONT STRKF.T. NEW YORK

Brinckerhoff, Turner 6c

Polhemus,Msnnfaccurers and Dealers in

COTTONS \ILDUCKAnd all kinds ot

*'9SS°'„*'.5.*?^^8, FELTING DOCK, CAR COVER.INO BASGINO, HAVENS DUCK. silL TWINES*C. "ONTARIO- 8EAMLI.8S BAGS,

•• AWN INO STRI I'ES."

Also. AtrentB

Vntted Dtaten BnntinK Company.A loU supply all Widths and Colors always In Steele

13 & IS I.Upei.ar4i Street.

Cotton.

John C. Graham & Co.,

SBIiinA, .,tIiABAintA,

Buyers of CottonFor a t^ominlRrlon.

William Lamb,NORFOLK, VIRGINIA,

OFFKRS his services for porchase of COTTOlJ andother produce ; and solicits consignments ot

veesels to loaa for European ports. „ „ ..^

Refers lo Win. Bryce & Co., and Dancy, Hyman &Co., is ew York.

G, W. Abert,

COTTON BROKERCOLUMBUS,

niissi.sippi.

EDWARD NALLB. R. O. O.kHHAOK.

Nalle 8c Cammack,COTTON FACrORS& COMMISSION MBBCHANT3158 Itominou Street, IMenr Mrleans.

Liberal Cash advances mane on ConstKnments.

H. S. FULKERSON,COTTON BROKER,

CORNER MULBKRIiY AND WASHlNliTON STS.

VICKSBVRG, miss.Refer to G. M. KI.KIN, rinshler. Mississippi Valley

Bant. VlctsburK.

R. A. Young 8c Bro.,

COTTON dc TOBACCO BROKERS,Petersburg, Va.

Jesse W. Burton,comm issiON kiebciiant,

OFFICE : 98 SYCAMORE STREET,

Petersburg, Ta.

Insui ance.

TheLiverpool& Lon-don & Globe Lns. Co.

AJfetsGoldS 1 7 ,690,39c

AJfets in the

U. States 2,000,000

45 IVilliamSt.

fire insurance.

North American

Fire Insurance CompanyOFFICE 193 BROADIVAV.

Branch Otllces,

3 Cooper Institute Sc 1429 Broadnray.

INCORPOKATED )823.

CASH CAPITAL • • $500,000 00SURPLUS 29,5,237 93Cash Capital and Surplus,J uly 1 ,1 809,

$7»5,a37 93.

Insures Property against Loss or Damage by Fire atnsiia) rates.Policies Issued and Losses paid at the 'ifllce of the

Compau] or ut Its various Agencies In the principalcitle he United State .

R. W. ULEECKER, President,WYLLIS i.LACliSTONB,Vloe-Pre«'t,->

'.a niBK secre'jiry,J.TTl ^' LD. General Agent.

ImperialFIRE INSURANCE COMPANY

OF LONDON.Assets - - . . $8,000,000, Gold

CUIKF OFFICE IN THE i;.s.

Nos. 40 and 42 Pine Street, New Torlc

Iron and Railroad Materiaj!'

JOHNS. KEHNEDT. HBHETH. BAKKE. JOHSS.BABKES

J. S. Kennedy 6c Co.,11 CEDAR 8r„ COB. Of WLLLIAM STGENERAL K.«I|,IVAV AGEMT4 AND

nEKOHANIS.Buy and sell Railway Bonds and Negociate Loans to

Railways.

IITlr'OUTKRK OFIron Ralls, Siecl Ralls, Old Rails,

Bessemer fi:; Iron, -crap.Steel r»re«, boiler pla'es, Ac.

AGENTS FORt!!^ w""',""*'

Iron,' ompany, Bradford England,

tra fngrnd"Hematite Iron Co.? Wortlng

RalWattlti'IeYer^a?'.'''"''''' "" """"=«'"^'= "'

Morris, Tasker 8c Co.,Pasoal iron Works, Philadelphia.

Manafsctorers of Wrought Iron Tubes, Lap WeldedBoiler Flues, Gas Works Castlncs and Street

Mains, Artesian Well Pipes and Tools,Gas and Steam Fitters' Tools, &c.

OFFICE AND WAREHOUSES:16 GOLD STREET, NEW YORK.

NAYLOR 8c CO.,NEW Y«>RK, BOSTON, PHILA.,99 John street. go state street. MS So. 4th street

CAST STEEL KAILS,CAST STEEL II YRE8,

Cast Steel Frogs, and all other Steel Material forRailway Use.

HOUSE IN LONDON:NAYLOR, BEN'J!<».'V & CO..

34 Old Hroad Street,

who give special attention to orders lor

• Railroad Iron,as well as Old Kails. Scrap Iron and Metals.

OHAUNOKT VIBBABD

.

BUKB80N FOOTS,ALUX. P. FISKRSDWARD PCKITB

Vibbard, Foote 8c Co.,40 BROADWAY, NEIY YORK.

keel Rails,

Iron Rails,

Old Rails,AND

RAILW^AY EQUIPmENTS.

Gilead A. Smith 8c Co.,BARTHOLOMEW HOUSE, BANK, LONDON.

AHD

NO. 62 BROADWAY, NEW YORK.

Railroad Iron.lu Ports of New York and New

Orleans.

Bills of Kxchanee on London and circular Notesamounts to .suit remitters or travelers.

BlNTLXT D. HaSBLI., ABTHtTR PaBKEB

B. D. Hasell 8c Co-,OENHRAL RAlr-WAY 4GKNTS.

And dealers in Railway Iron, Equip-ment and Supplies.

8pecl.il attention to negotiating Railway, State andCounty securities.

S17 BROADWAY tW Entrance on Thomas Street

BALDWIN LOCOmOTIVB WORKS

M. Baird 8c Co.,PHILADELPHIA.

All work accurately fitted to gauees and thoroueh-ly intert^hanceable. Plan. Material, WorkmanshipHinish and Elllclencv lullv Eliaranteod.M. Baird, Ch.s T. Parry, Wm. P. HcnzeyGeo. Bill nhain. Kdw. H. Williams. Kd. Longstretn.

Wm. P. Converse 4c Co.,M Pine St., New York, Agents