AND^ xmtkHUNT'S MERCHANTS' MAGAZINE.

REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF TFIE UNITED STATES

VOL. 27. NEW YORK, 0(^TOBER 26, 1878. NO. 696.

Financial.

THE

National Bank-Note Co.,UNCORPORATED 1859.)

OFFICE, No. 1 IVAIiL STREET,

NEW YORK.Steel Plate Engraving^ and Friiiting

BANK NOTES, Q0VEI4NVIENT ANDCORPOHATION BONDS,

BT1FICATE8 OF STOCK, BILLS OF EXCHANGEPOSTAGE AND REVENUE STAMPS,

PBOPRIETARr AND TRADE-MARK STAMPSIn the Hl^bcst Style of the Art, with epecltl

-sfegnards to prevent Counterfeiting andVlleratlons.

,SECURITY PLATE PBISTISG.

SAFETY TINTS. SAFETY PAPERS.

BAILWAir, COmnERCIAL ANDGENERAL PRINTING.

HAILWAY TICKETS in OXE, 7 WO, THREE orMORE COLORS and numbered ComtecuUvely.

SVMBERED LOCAL A.YD COUPON TICKETSAny Slzt, P.iUtm. StyU or Device,

WITH STEEL PLATE TINTS.

J. H. VAN ANTWERP, Prea't.J. .nACDONOITGH, Vtce-Pres't.A. D. SIIEPARD, Treasurer.JNO. E. CARRIER, Secretary.

FinanclaL

Au P. PoTTXB, Predt. Bah'i. rBiiJ,o>s, Cashier.

Maverick National Bank,BOSTON.

Ckpltal, $400,000rpln*, 300,000Bpeeiil attention given to COLLECTIONS, andromptr— "" '— '— '

BononllTlted.

rompt remittances made on day of payment.Boston business paper discounted. Correspondence

R. A. Lancaster & Co.,BANKERS AND BROKERS,

86 BROADWAY, NEW YORK,DBALXaS IM

Flrst>CIass Investment Securities.eOVEHNMENT BONDS, liTATB. CITl", COUNTT,BAILB0AO& MISCELLANEOUS SECURITIES

Bought and Sold on Commission.Tirjinia Tax-Seceimble Coupont SouglU.

BOVIBERN SECURITIES A SPECIALTY.LOANS NEGOTIATED.

Gwynne & Day,ffaUbllihed 18M.] No. 16 W^all StreeUTnnsact a general banking and brokerage buslne

ts Railway shares and bonds, GoTemraeskt Securities

iMOola.Interest allowed on deposits.

. ISTSstments carefully attended to.

Charles G. Johnsen,

MBRCHAKT AlHD BANKER,

166 OKAYIEB 8TBBBT,

RB>r OQ&P^IIS, LA.

Boston Baniien.

John J.Cisco & Son,

No.BANKERS,

59 Wall Street, Jio\C York.DKPOSITS RECEIVED SUBJECT TO CHECK AT

SIGHT, AND INTEKEbT ALLOWED ON DAlLVBALANCES. '

GOVEKNMKNT BONDS, OOl.D, fTOCKS ANDALL, INVESTMENT SECURITIES BOUGHT ANDSOLD ON COMMISSION.

^-wy^jni .tti>u

J.S. Kennedy & Co.,

BANKERS AND lOERCHANTS,41 CEDAR, COR. WILLIAM ST.,

Kewr York.Boy and sell Railroad Investment Secnrltles. Col-

lect Coupons and Dividends. Negotiate Loans anddraw Bills of Exchange on London.Agents for the sale of STEEL RAILS made by the

Cambria Iron CompanjyJOUXSTOWS. PBNN.,

AKD THE

Edgar Thompson Steel Co. (Limited),

PIT1SBUR6B, PSNN.All business relating to the Construction and Equip-

ment of Railroads undertaken.

Jesup, Paton & Co.,BANKERS,

53 l¥IUIain Street, New York.

Accounts and Agency of Banks, Corporatloas,

firms and indlTlduals received upon tarorable terma.

Dlrldends and Interest collected and remitted.

Act as agents for corporations In paying couponsand dlTldends, also as transfer agents.

Bonds, stocks and securities bought and sold oncommission.

Bound railroad and municipal bonds negotiated.

Funds carefully Invested la Western farm mort-

gages, and the Interest collected.

Kountze Brothers,

BAMEBBS.13 WALL STREET, NEW YORK,

Issue Letters of Credit, available In all parts of the

world ; also. Time and Sight Bills on the UNIONBANK OP LONDON. Cable Transfers made.

Oilman, Son & Co.,BAKKEBS,

63 CEDAR STRBKT,

In addition lo a General Banking Bnslneas, buy and

sell Government Bonds and Investment Securities.

McKim Brothers & Co.,BANKERS,

47 TTall Street, New York.

Smith & Hannaman,INDIANAPOLIS, INDIANA,

INTB9TIN« AGENTStOM

l^NPIANA ABT^ OHIO.

Massachusetts

Loan & Trust Company,No. 18 POST OFKIOE SQUARE,

BOSTON.Chartered in 1870.

CAPITAL, 9500,000.GKU. WOODS RICE. STKPUEN M. CROSBY.

President. Treasurer.Loans made upox tik* on Staple Merchandise,

either upon bills of Lading or Warehouse Receipts.ExcRAKOK of Collateral, or prepayments Id part or

for entire loans allowed.

Alu>w Iktkrxst on all paynenU made beforvmaturity of leans.

CORRESPONDENCE SOLICITED.

F. H. Peek,BANKER AND BROKER,

No. 7 EXCHANGE PLACE,

BOSTON.

C. C. Jackson,

STOCK BROKER,

SIininONS' BVILDING,Boston, mans.

Uso. Wn. Ballov. Gsoaei H. Holt,Member N. T. Stock Exchange.

Geo.Wm.Ballou&Co8 WALL STREET, 7S DEVONSHIRE ST.,

Nenr York, Boston,

BANKERS AND DEALERS IN

Municipal Bonds.

Brewster, Basset & Co.,

BANEEBS,No. 3S CONGRESS STREET,

Boston, Idara.

Oealert la Stocks, Bonds, Gold and Commercial

oaper.

Orders exeoated on Commission at Brokers

Auctions, and Private Sale.

Inveatmest Beenrltles conatantlr on h«a<.

Parker & Stackpole,UANKBRB, 78 OKVON8HIRK STBKBX

BOSTON,

Bur and Sell Weatara Oltr •«County Bonds.

Chas. A. Sweet & Co.,BANHK&S

40 STATE STREET, BOaTOIf.

OKALEItS IN OOVUUIMXNT SICDttlTatS, 0«MBtaM, City, CooBtT sBd KaUroad Bos4a.

ii THE CHEONICLE rVoL. XXVII.

Foreign Exchange.

Orexel, Morgan & Co.,WALI. STREET,

COKKKR OF BROAD, NEW TOKK.

Drexel & Co.)

No. 84 South Thied St.,

Drexel, Harjes & Co

81 Boulevard HausamatiD

Parts.Pblladelphla.

DOMESTIC AND FOREIGN BANKERS.DepOKlts received anhject to Draft. Securttlea, Gold.

Ac, bought and sold on CommiBEion. Intereot alloweoon i>ep08it». Foreign Kxchange. Commercial Credita.Cable Transfen*. Circular Letters for Travelers,mvaflable In all parts of the world.

Attornbtb and Agbntb ofniessrs. jr. 8. mORGAN &. CO.,

No. «2 OLD BROAD ST., LONDON.

Brown Brothers & Co.,No. 69 WAIiL ST., N. V.,

laane, against cash deposlU'd, or satisfactory guaran-tee of repayment. Circular Credits for Travelers, In

dollars tor use in the United States and adjacent

countries, and In pounds sitrling for use in any part

of the world.

THET ALSO ISSUE COMMERCIAL CREDITSMAKE CABLE TKAN8FER8 OF MONEY BE-TWEEN THIS COUNTRY AND ENGLAND, ANDDRAW BILLS OF EXCHANGE ON GREATBRITAIN AND IRELAND.

S. G. & G. C. Ward,AGENTS KOE

BARING BROTHERS dc COMPANT,S8 WALL STREET. NEW YORK.

28 STATK STKKBT, BOSTON.

J.& J.

Stuart & Co,,33 NASSAU STREET.

BILLS OF EXCHANGE ONSniTH, PAYNE & SMITH'S,

BANKERS, LONDONHANCHESTER & COUNTY BANK,

"LIMITED-JOHN STUART k CO., Bankers,

MANCHESTER, PAYABLE IN LONDOIT ;

UI.STEB BANKING COIHPANY,BELFAST, IRELAND

AUD ON TBSNATIONAL BANK OF SCOTLAND.

ALSO,

CABLE TRANSFERS AND LETTERS OF CREDIT

Knoblauch

& Lichtenstein,BANKERS,

S9 WUIlam St., eor. Exchange Place,NEW YORK.

Make Telegraphic Money Transfers.

Draw Bills of Exchange and Issue Letters oi Credit

1 principal cities of Europe.SPECIAL PARTNEK,

DEUTSCHE BANK, BerUn.

J.& W. Seligman & Co.,

BANKERS,fi9 EXCHANGE PLACE,

COSNKB BBOAD BTRSBT, NEW TORK.

Issae Letters of Credit for Trarelerfi,

Payable In any part of Europe, Asia, Africa, Australia

Dd Amerleai

Draw Bills of Exckange and make telegraphic trans-

fers of money on Europe and California.

John Munroe & Co.,No. 8 Wall Street, New York,

No. 4 Post Office Square, Boston.CHEQUES AND CABLE TRANSFERS ONMUNROE Sc CO., PARIS.

BTERLDJG CHEQUES AND BILLS AT SIXTYDAYS' SIGHT ON

ALEXANDERS & CO., LONDON.

COKTUIJIB DOTZB AKD CbkdITB FOB TBAVSLBEB.

Canadian JBanks.

Bank of Montreal.

CAPITAL, >

SURPLUS, -

- $12,000,000, Gold.

S,600,000, Gold.

QBORGB STEPHEN, President.

E. B. ANGUS, General Manager

NEW YORK OFFICE,

Nos. 59 &. 61 WALL STREET.C. F. SmITHIIBS, ) »„pnf«WalTKE WaTSOX, (

^K«°t8.

Buy and sell Sterling Exchange, Francs and Cable

Transfers ; grant Commercial and Travelers' Cred-

its, available in any part of the world ; issue drafts

on and make collections in Chicago and throaghout

the Dominion of Canada.

London Office, No. 9 Blrcliln Lane.

ACiCIVCV OF THE

Bank of British

North America,No. S2 WALL STREET.

Commercial Credits issued for use In Europe, China,Japan, the East and West Indies, and South America.Demand ^nd Time Bills of Exchange, payable In

London and elsewhere, bought and sold at currentrates; also Cable Transfers.

Demand Drafts on Scotland and Ireland, also onCanada, British Columbia and San Francisco. Bills

Collected and other Banlcing Business transacted.

D. A. MaoTAVISH,J .-„„„WM.LaWSON, 'i

Agents.

The Canadian

Bank of Commerce,No. 50 IVALL STREET.

Capital,Surplus,

$6,000,000 Gold.$1,900,000 Gold.

Buys and Sells Sterling Exchange, and makes CableTransfers of Money,issues Commercial Credits available everywhere.

.1. H. G()ADBV.{-^g°°"-

Merchants' BankOF

CANADA.Capital, . - - $6,461,790, Paid Up.President, the Hon. JOHN H.\MILTON.

Vice President, JOHN McLENNAN, E6<J.

HEAD OFFICE, MONTREAL.OEOnGE HAGUE, General Manager.

WM. J. INGUaM, Asst. General Manager.

BANKERS.LONDON, ENG —The Clydesdale Banking Co.NEW YOKE—The Bank of New YorK, N. B. A.

National Bank of the Hepuullc.The New YorK Agency buys and sells Sterling Kx-

change, cable Transfers and Gold, Issues CreditsavHllable In all parts of the world, makes collectionsin Cannda f'Ud elsewhere, aid Issues Drafts pay tbleat any of the offices of the bank In Canada Demandaraf ts Issued payable In Scotland and Ireland, ande\tiry uescrlptlon of foreign banking busiuess under-taken.

fifsvi York Agcner, No. sa William St.,

with Me>sr8. JESUP, PATON ic. CO.

Exchange BankOF CANADA.

Capital Paid Up $1,000,000.

HEAD OFFICE, MONTREAL.

M. H. GAULT, Vres't. C. R. MURRAY. Cashier.

BRANCHES:Hamilton, Ont.; Aylmkb. Ont.; Pahk Hiia., Ost.;

Bbofobd, p. Q.

AOBSTS:QUEBEC (CITY).—Owen Murpby.NOVA 6C0T1A.—Merchant*' Bank of Halifax.

FOREIGN AGENTS:LONDON.—The Alliance Bank (Limited).

NEW YORK.—The National Bank of Commerce.Messrs. Hllmers, McGowan & Co.

CHICAGO.—Union National Bank.BUFFALO.—Bank of Buffalo.

Sterling and American Exchange boaght and sold.Interest allowed on Deposits.

Collections made promptly and remitted tor at low-est ratea

Canadian Banks.

Imperial Bank of CanadaCapital, $1,000,000.

H. S. HOWLAND, President ; D. R. WILKIB, Cashle;

HEAD OFFICE, TORONTO.BSiNCHKs:—ST. CATHERINES, PORT COLBORNE,

ST. THOMAS, INGERSOLL, WELLAND.Dealers in American Currency and Sterling Exchange-

'Agents in London:Bo8AN<jtjKT, Salt & Co.,

93 Lombard street.

Agents In New York:Bank or Montrkal.

59 Wall street.

Promptest attention paid to collections parable IBany part of Canada.Approved Canadian business paper, payable In gold^

or currency, discounted on reasonable terms, andproceeds remitted to any part of the United States bigold or currency draft on New York.

The Bank of Toronto,CANADA.

Capital, $2,000,000. Reservf, $1,000,000.

HEAD OFFICE, 1 ORONTO.Duncan Coumon, Cashier ; Htj»H Lkach, Asst. CashBranches at Montreal, Peterltoro, Cobourg, Port Hope-

Barrle.St. Catliarlnes. ColllHgwood.BANKERS:London, England.-The City Bank.vkw VnRir i National Bank of Commerce,N aw 1 OKK.

) ^,J,, y,mt|j^„ and W. Watson.

Collections made on the best terms.

§teaTn§lii|i>>.

THE GREAT

Providence LineTO BOSTON,

VIA PROVIDENCE DIRECT.A FULL NIGHT'S REST, i NLY « MILES OF RAIL.

The Favorite Palace Steamers:

MASSACHUSETTS, RHODE ISLAM),Capt. RAY ALLKN. Capt. JESSE MOTT.

5 P, M, Daily (except gnndayB), from Pier No. 2ft

North lilvur (lout ol Warren street.)Faegengerfl arrive In Boston at 7 A.M. No interme-diate landings between New York and Providence.

THE OLD KELIABIiKSTONINGTOJ^ L.1IME,.

FOR ALL POINTS EAST.

5 P. in From Pier No. 33 North Klver (foet ofJay street.)

State-roomBand (Ickeie FOR EITHER LiNE Becuredat 863 Broadway and at all oJllceB of Westcott's Expree* :

Company. AIbo tickets sold ac nil hot*;) tlcket^ot&ces.-,

Frelgnt, via either llne.taKen at reduced rates.D. S. BABCOCK, President.

L. W. FILKINS. General Paasenger Agent.:

O N 1. Icj

Direct Line to France^|

The Genera] TraDH-Atlantic Company'sj

Mail SteaiuBbipByBKTWIKK

i

NISW VORK AND HAl^UE.Calllnif at Plymouth for the landlnf? of Passengers.The BplecdiU vcBuelB on this favorite route, for tbe ,

Continent—caolns provided with electric hell&—willsail from Pier (new) No. A'l North Wlver. foot olMorton 81 reet astoUowa:CANADA, Frauguel Wed., Oct 30, 9A,M,.A >' ERIQQE. Uelord Vr ed., Nov. 6. -^iSO P. M

.

PEliKiUK. Delord Wed., N ov. 13, » A. M.PKICE OF PASSAGE IN GOLD (iHCludIng wlnej:

To Havre—First cabin, (lOO; second cabin. | 5; tnird

cabln^ t^ ; steerage, $:£&—Including wine, bedding and '

utensil^.To Plymonth, London or any railway station la

England—First cabin, $yu to f 100, accoriUng to accom-modation ; second cabin, $''5; third cjibln, |35, steer- '

age, t27, Including everyttilag as above.lieturn tickets at very reduced rates, avallabie

airough England and France. Steamers marked tliUB

(•j do not carry steerHge passengers.For passage and Irelgii t i^PPly to

LOUIS BEBBBIAN,Agent) 5 5 Broadivay*

*{i^ Atlas Mail Line.

Bl-MONTilLY SERVICE TO JAMAICA, BAYTlCOLOMBIA and ASl'lNWALL. and to l-ANAMAan*SOUTH I'AOIKIC PORTS (via Aspinwall.)KiiBL-claea, full-powered, iron screw etejuners. Iron)

Pier No. M, North Klver.For Hajti, Colombia, Greytawn (Nic), Isthmul ol

ranama and buutri Paclnc Portf, via Asiiinwall

:

AILSA Octobcr^gi ANDES Nov.IS.

Eor Klngbton (Jam.) and Haytl:ATLAS October 24

IETNA NOT..

Superior lirfit-ciasb passenKei accommodation.FIM, FOKWOUD & CO., AgenH,

No. 5ti Wall treet.

Peck, Gilbert & Co.,No. le Broad St. (near IVall),

BANKERS AND STOCK BROKERS.StockB honght'aud sold oB the NKW yOKK STOCK

EXCHANGh on a margin of 3 perctnt, If desired

KQuiil attention given to Braall and lar»;eii»vestraentit.

Any information given pereonally or .by mall, tlral-

cia«B references.

OCTOUKR 28, ISTCJ THE CHRONICLK iU

Imurance.

OFFICB OF THX

ATLANTICMutual Insurance Co.

N«w York, Janiury 2S, 1878.

The Trastees, In conformity to the Charter of theConipanr, eabmlt the folIowtnK Statement of Its

affairs on the Slat December, 1877

:

Premiums received on Marine Risksfrom Ut JianaaTy, 1877, to Slat De-cember, ISTT $4,710,865 88

Fremiama on Pollclea not marked off

l»t January, 1877 8,040,868 61

Total amonnt of Marine PremlamB. $6,751,028 44

No PoUcicB have been leaned noon Life

Ritik?, Bor apon Fire diaconnectedwith Marine Kieks,

Prvmiuma marked off from Igt Janu-ary, 1877, to SiBt December, 1877.... $4,908,331 08

Loeaea paid during the

same period $2,565,890 S7

Returns of Prcmloms andEipeuses...t»47,923 86

The Company has the following; Assets, yix,

:

Dnited States and State of New TorkStock, City, Bank and other stocks. $10,565,936 00

Loans, secured by Stocks and other-

wise . 1,163,2»00Seal Estate and cUims due the Com-pany, estimated at 617,436 01

Premium Notes and Bills BecelTable. 1,761,S»3 63Cash in Bank ... 855,364 02

Total amonnt of Asseti $14,366,351 66

Six per cent. Interest on tho ontstandlngcertiicales of profits will bo paid to the holdersthereof, or their legal representatives, on and after

" Tuesday, the 5th of February next.

The outstanding certificatee of the issue of 1874will be redeemed and paid to the holders thereof,or their legal representatives, on and after Tues-day, the Sth of February next, from which date all

interest thereon will cease. The certificates to beproduced at the time of payment and canceled.

I Upon certificates which were issued for gold pre-f mlums, the payment of interest and redemptionwill be in gold.

A DlTldend of Forty per Cent, ia de.ciared oa the net earned premiums of the Companyfor the year ending 31 st December, 1877, foi whichcertificate* will be issued on and after Tuesday, the

!i of May next.

By order of the Board,

J. H. CHAPinAN, Secretary.

TBVSTEES:J. D. Jones,

W. E. H. Moore,Charlea H. Huasell,

J David Lane,

li Dioiel S. Miller,

f Jonah 0. Low,Royal Phelps,

C. A. Hand,

( William H. Webb,i Frauds Skiddy,

1 Adolph Lcmoyne,

} Charles H. Marshall,

( Robert L. Stuart,

f Frederick Chaancey,Horace Gray,John Elliott,

WllUam n. Fogg,Ifcomas B, Coddington,

Charles Dennis,

Lewis Curtis,

James Low,Gordon W. Bumhaxn.]William Stnrgis,

William B. Dodge,Thomas F. Tocngs,John D. Hewlett,

Charles P. Burdett,

Alexander V. Blake,

Robert B. Mintum.George W. lAne,

James Q. DcForest,

Charles D. Leverich,

Edmund W. Corlles,

William Bryce,

Peter V. King, ^

Horace E. Thorber.

J. D. JONES, President.

CHARLES DENNIS, Vice-PresidentW. H. n. MOORE, 2d Vlce-Piresident,

*. A. RAVEN, SdVice-Preaident.

lotnrance.

OFFICX OF TUB

ORIENTMutual Insurance Co.

Nkw Yobk, 18th Januory, 1878.

Tho following Statement of the affairs of this

Company on the Slst day of December, 1877, la

pnbllshcMl in conformity with the provisions of Its

Charter

:

Premiums unearned 3lBt Dae, 1876 .... $195,916 78

Net Premiums received during the yearending Slat December, 1817 755,078 89

Total Premiums $950,995 61

Earned preraiams of the year $8S0,868 65

Losses aud expenses 686,539 81

Ro-Ins:irance and return premiums 188, 178 08

ASSETS,

31st Decekber, 1877.

Cash iu Banks $854,729 43

United States Stock 478,813 75

Stocks of Corporations , 106,038 58

Real Estate...., ^ 349,455 58

Subscripiion Ilotes, Bills Receivable

and Uncollected Premiums 453,507 74

Unsettled Accounts 19876 46

Total amount of Assets $1,561,951 54

By order of the Board,

CHARLES IRVING, SecreUry.

TBVSTEES:George Mosle,

Henry De C. Ronth,Henry R. Kuhnhardt,

Lawrence Wells,

Alexander Hamilton,

Carl L. Recknagel,

Carl Victor,

Arthur B. Graves,

Alex. M. Lawrence,John D. Dii,

Walter Watson,

Henry E. Sprague,

Theodore J. Ralll,

C. L. F. Rose,

F. Cousinery,

George H. Morgan,

Edward P. Davison,

K. H. R. Lyman,Hugh Auchincloss,

William Pohlmaun,Constantln Menelas,

W. F. Cary, Jr.,

Ramsay Crooks,

n. L. Charles Renauld,

Frederick G. Foster,

Charles Munzinger,

Ernesto G. PabbrI,

John Welsh, Jr.,

Theodore Pachiri,

William S. Wilson,

Gustar Schwab,L. M. Calvoooressi.

EUGENE DUTILH, President.

ALFRED OGDEN, Vice-PresidentCHARLES IRVING Secretary.

ANTON METZ, Assistant Secretary.

ISsi. F.S.WINSTON.PRESIDENT jot"ES ErtRY APPKOVED DESCRIPTION

"

LIFE XtTo ENDOWMENT POLICIESOMTERMS AS FAVORABLEAS THOSEOFANYOTHER CO.

'lASH^^TSMRSao.ooo.ooo.

W i r e R o pSTEEL AND CHARCOAL

IKON of superior quality

»nlt«hle for MINING ANDHOISTING PUKPOSKa, In-

clined Planes, Transinlsaion

iOf Power. *c. Also Usivant^ed Charcoal and BBtorChips' UlpKinft, SuspensionBrlilges, IJiTrlck Guys, KerryKopes, Ac. A Inrve atonK•ronstantly on hand fron'will)'!) any depircl lenk'f'i

art" rut. fT-AT 8TEKL .\NliIRON KOHKS for Mlnln»purposes mannfacured *t

^•rder.

ratSON & CO.,Broadway, New York.

Cooimwclal Card*.

E.R

.Mudge,Sawyer&Co

.„ . .AdKNT I KOU

WaslilnKtuu nillB, «!bl«ap«« .nik r*..HurlliiBloii IVooleu (;o.,

*

Ullerton Nrw .Tiiiia,Atlnnitr (oilon mil*.

NaratOKH Victory ntm To.,

Hoalerr. "hlri. iin<t UrawertKruui Various Mill..NKW YORK, BOSTUN.

4S White Hraaar. is c«iinrort »T.

J. a W. DATTiiN. »u(.nasT.iirr»rmaaT.

Brinckerhoff, Turner& Co.,

Maaafaetarera and Uealan In

COTTONSAILDUCKAnd all kinds of

COTTON CANVAS. FKLTINO DUCK. CAB OOTRRINe.BAGQINO.UAVKNSUCCK.SAILTWLHKa

*C. " ONTARIO • 8EA.MLEil8 BAU8.' AWNIKO bTltU'KS.'

Also, Aicrats

United State* BuDtlnK CoHpanf.A mil mpply nil widths and Colors alvayi In itoek.

No. 109 Diiane Street.

George A. Clark & Bro.,

raiL'WARDVS HICLIX NBICDLBt.400 BROADWAY, NEW TOBK.

John Dwight & Co.,MANUFACTURERS OF

SrPER-CAUBOaiATEOf

SODA.No. 11 Old »llp, New York.

The Jobbing Trade ONLY Supplied.

inANCHESTER

Locomotive Works,MANUFACTURERS OF

LoeomotlTcs and Amoakca:; SteaaiFire Knirfnea,

MANCHESTER, N. H.

ARB«TAS BLOOD, W. O. inBANS,Superintendent, Treaaurer.

Manchester, N. 11 40 Wnter utreer. ltoat/»n

Russell & Co.,C Ora miSSION raRRCHANTS

AND SHIP a<;e>;ts.

Hone Kone, 4'anlon, Ain»y, FooohoirSnanghal and Ilankonr, Ctalna.

Boston Agency, ) New York Airency,i. MI;RKAY KOmlER,

J 8. W. POMkKoV Jll,M CINTRAL STRXET. S 109 WaTBB ST., R.T

Hong Kong & Shanghai

Banking Corporation,Head Ofllce, Honx KonK.

AOBNT,8. W.POMEROy J»., 106 Watmb »T, K.T.

Charles E. Parker,COMMISSION MERCHANT,

14 BxchanKe Plaee, BOSTON.Post Office llox XISA.

Olyphant & Co.,COMMISSION MERCHANTS,

tloux KonKt Miancliai mxtrbow aaACanton, « hluu.

RsraaniiNTai' mOI-YPHANT 4c <«>., "f ch na,

104 Wall M., Ne.> k'vrk.

IV THE CHRONIC JLE.IVol. XXVU.

California Baiilis.

The Nevada BankOF SAN FRANCISCO.

New York Agency, 62 Wall Street.

Capital, paid up .. $10,003,000 Gold.Surplns, (inveeted in

U.S.BondB) 3,500,000 "

C. T. CHKISTKNSEN, I. AgentsGEORGE L. BRANDEE, * °

Issue Commercial aud Travelers' Credits available

In any part of the world. Draws Exchaage, Foreign

andlnland.anl makes Trans, ers of Money by Tele-

graph and Cable. Gives specUl attentlsn to Gold and

Silver Bullion and Specie, and to California Collec-

tions and Securities ; aud arranges to pay Dividends

on such securities at due dates.

Bankers, London, SMITH, PATNK & SMITHS,

do do UNION BANK OF LONDON,

de New York, The BANK of NEW YORK, N.B.A.

The Bank of California, San Francisco.

Capital, Paid xjt in Gold, $5,000,000.

WM. ALVORD, President. THOMAS BROWN, Casll'r

B. MURRAY, .Jr., Asst. Cashier

Laidlaw & Co.,• BANKERS,

AGENTS FOR THE BANK OF CALIFORNIA,

No. 12 Plue St., New York.Receive deposits and transact a general banking

business ; execute orders at the N. Y. stock Exchange

for Stocks, Government, State, Municipal and Rail-

road Bonds and Gold.

Particular attention Riven to tlie pur-cbase and sale of ITIlnlns: Stocks in SanFrancisco, for nrhlch we have tlie best

facilities; also all other California Securities.

Issue Bills of EichantC, Letters of Credit and lele-

graphic Transfers on London, Yokohan?a, Shanghai,

Hong Kong, Honolulu, Virginia City and San Fran-

cisco.

Financial.

T H a

Anglo-Californian Bank(LIMITED),

I.ONDON, Head Office, 3 Atigel Court.

SAN FRANCISCO Office, 422 Califoniia St.

NEW YORK Agents, J. & W. Seuaman & Co.

$6,000,000.1,550,000.

Antliorized Capital, -

Paid-up and Reserve,

Transact a general Bauklng Dnslness. Issue Commerclal Credits aud Bills of Lxchanf^e, available In all

parts of the werlil. Collections and orders for Bonds.

Stocks, etc., executed upon the most favorable termr.

FUKD'K F. LOW, i Manager.IGNATZ STEINUART.J"*'"'*'*"-P. N. LILIKNTHAL. Cashier.

Financial.

Gas, Insurance Stocks,&cJ. p. WINTRIBfGHAM,

No. 36 PINE STREET.

Securities Bonsht at Auction.

The: November coupons ofthe HEAL KSTATK KIKST MORTGAGE I1ON0S.

guaranteed by the MERCANTILE T«U^T COM-PANY, will he pal'l at the ofllce of the Company,Bouitable Building, No. 1^ Broadway, on the first dayof November next

EDWARD L. MONTGOMERY, Treasurer.

W.INTED :

Atchison & Pike's Peak Railroad Bonds.Minnesota State Kepudlated Bonds.Texas Pacific RR. Land Grant Coupon Bon-ls.Suspension Bridge & Erie Junction ItR. Bonds.Scioto Valley lailroad Bonds.Township t'onds state New Jersey. Issued to BR.Columbus & Ind. Central RR. 1st Mortgage Bonds.City, County and Town Bonds of Wei^tern btates.Northern Pacific RR. Bonds and Preterrerf *tocK.Danville Urbana & Hloomlngton Railroad Bonds.Oregon Steam Navigation Co. Stock.

FOR SALE:Chicago & Eastern llllnolsRR. Bonds and Stock.Indianapolis d& St. Louis RR. < onds. Jersey City 7s.

WJM. «. ll'ri,KY, 31 Pine St., 1>. V,

WAITED

:

Alabama, South Carolina &. LonlslauaState Bonds;

New Orleans Jackson & Gt. Northern.ratsslsslppi Centra], and Mobile

ic Oliio Railroad Bonds;

Cttj of New Orleans Bonds.I.EVY & BORG,

36 WALL STREET.

Scioto ValleyRailway CoOF O li I O,

FIRST M0ItT(}A(4E SINKING FUNDSiEVEN PER CENT BONDS.

ISSUB LIMITBD AT $13,000 PER MILE. DUE 1896.

Line from Columbus, via Circlevil e and ChiUi-cothe, to Portsmouth on the Ohio Elver, lOO miles,

ftriished and in fuU operation since March, 187S.

Net earnings from March 1 to Octcer 1,

seven mouths $lC8,'i4J 05

Annual: merest on $1,-500,000, total Issueof bonds 91,000 00

A LIMITED AMOUNT FOR SALE,

AT 92^ AND INTEREST,BY

WIXSI.OW, I.ANIER & CO.,

COR. NASS.iU AND CEDAR STS.

Northern RailroadOF ]«EW JERSEY,

1st Mortgage Extended 6s, Due 1888.

TOTAL ISSUE, $SC0,G00.

ANNUAL INTEREST ON S.1ME, $12,000.

NET EARNINGS LAST YEAR (OFFICIAL) |0S,10O.

We have now left unsold and now offer, subject to

sale, |S0,0i0 of the above issue.

PERKINS, LIVINGSTON, POST & CO.'33 Nassau Street.

WE OFFER FOR S4EEA LIMITED AMOUNT of the following flrst-

class iDveslment Securities:

SEVEN PER CENT First Mortgage Gold BondsDAKOIA SuUTlIERN RAILI-.OAD COMPANY,*9,000 per mile, net earnings more than double theInterest accouLt. no floating debt, at 95 and accrueainterest.SIX PER CENT "ONDS NASHVILLE CHATTA-

N()0«A & ST. L'lUlS RAILWAY CO^'PANY, afirst mortgage at the ow rate of |I,2(X1 per mile onBranrli Roads, which cost npward of tiO.UOO per mileto construct, «t 8:1 and accrued interest.

AVA1.STON H. BROWN & BRO.,No. 34 Pine Street.

A GOLD MEDALhas been awarded at tlic Paris Expo-sition of 1878 to

J. & P. COATS,for their best Sli-Cord Spool Cotton,confirming the estimate placed upontheir goods at all the TVorld's Expo-sitions, from that of Ijoudon, 1862,to the Centennial Exposition of 1876,where they took a diploma for"SUPERIOR STRENGTH AND EX-

CEI,1.E\T ai'AI-ITY."Tlie Second Prize of a Sliver Medal

was taken by tbc W^llllmautic LinenCompany, Avhlch claims to bo thespecial cliampion of American Indus-try, and u hich has exicnsively adver-tised a Grand Prize at Paris.

NO GRAND fRIZES were awarded for

Spool Cotton at PARIS.

messrs. J. ic P. Coats have estab-lislied In Pawtucket, R. I., tlio larg-

est Spool Cotton Mills in the UnitedStateti. Every process of manufacture,from the raw cotton to the finishedspool, Is conducted tliefo. Their Am-erican-made Spool Cotton took tlie

award at the Centennial; and, whilethey have never claimed special meritfor their American-made Spool Cot-ton over tliut manufactured in theirScotch Mills, they have tlie satisfac-

tion of announcing that tliey haveso Identified themselves with thiscountry, that

AMERICA, as represented byJ. & P. COATS, U still

AHEAD IN SPOOL COTTON.

Auchincloss Brothers,Sole Agents in Now York for

J. & P. COATS,

Financial.

CITY OF NEWYORK5 PER CENT CONSOLIDATED

Sinking Fund Bonds.

Principal and Interest Payablein United States Oold.

30-50 YEARS TO ttVN.

Coupon Bonds In Sums ot $500 to

$1,000, Convertible at any time

into Registered Stock.

A LIMITED AMOITNT FOB SALS

At io6 1-2 and Interest.

DREXEL, MORGAN & CO.

AUGUST BELMONT & CO.

WINSI.OW, E.ANIER & CO.

OFFICENew York Elevated

RAIEROAU COMPAWI,No. 7 BROADWAY,

New Yobk, October 14, 1878.

SEALED PROPOSALS in envelope, " Indorsed pro

pesals for Stocks and Bonds," are Invited and will be

received at this office until 13 o'clocl: M. of MONDAY,the 23tli day of October, 18 8, for 6,750 SH iUESIof the

CAPITAL STOCK of the NEW YOIiK ELEVATEDKAILUOAD C0MPA:;Y, and leiS.OOO of the FIliST

MORTGAGE BONDS of the said Company, or any part

thereof. Each bid mu%t be made for an equal amount

of stock and bonds. No bids for the stock will be

considered which are fur less than the pur value

thereof, namely, $100 per share. The bonds are 7 per

cent per annum coupon bonds of the denomination

of fl.OOO each, the principal due January 1, 1906

Coupons payable ist January and 1st July in each

year. The bonds will bear Interest from the ist day

of -lanuary, 1870.*

Interest will bo allowed at the rate of 7 per cent per

annum on all payments made before that diiie.

A aepo-lt of .) per cent will be reoulred from all

bidders, which must accompaoy the lilJ. and which5 per cent will be eniiorsed on all such bids as

are accepted. On such bi'ls as are not accepted the

dep 'Sits will be returned to the bidders.nfty percent on ail accepte I bids will be requlrca

November IE, 8;8, on the payment of which ooe-half

ihe stock and b^nds will be uellvered ; the remaining45 Iter cent will be required November 30. 1878, whenthe remainder of tlie stock and bonds will be ready

for delivery. , „The Comoany reserve t'^.e right to reject any and all

bids which are not deemed satisf ctory.JAMES A. COWI.-G, Treasurer.

Chicago & Alton RR.Six Per Ct. Gold Sinking Fund Bonds,Principal and Interest payable In the gold coin of the

United States of the present weight and llncness.

UNITED STATES TKUST CO.MPANy, TbusTIIB.

fYee of all Taxes, imposed or to be imposed.

Bonds due 1903. Interest payable May 1 and Nov. 1.

A limited amount for tale at 1 2 and accrued interest,

JESUP, PATON & CO.,No. 52 WILLIAM STUEET. NEW YOIJK.

q-'HE AMERICAN EXCHANGE NA--*- TIONAL BANK, New Vork, October 18, 1878.—

The Hoard of Irectors of this Bank have this day

declared a dividend ot THHEE PER CENT, free of

taxes, payable on and after the 1st of November,

proximo. The transfer books will close to-day and

re-open on the 2d of Novem'jcr.

DUMONT CLARKE, Cashier.

MISSOURI PACIFIC RAILWAYCO.MPANT Offick. No, 5 BowLIKQ Green, NKW

Yens, Oct. 28, 1ST8.—The Coupons due November 1,

187S. on the Third Mortgage Bonds ot ihls Company,

and on the Real Estate Bonds of the Paciao Rail-

road Company (of Missouri , will be paid on and after

that date at this offlcc.

C. K. GARRISON, President,

New York, October 19, 1878.

THE DIRECTOHS OF THE EM-PIRE GOLD MINING COMPANY have this day

declared a dividend of EIGHT CENTS PER SUiBE

in gold, out of the net (par value »10) earnings for the

month of September, payable at the office of S. VWHITE, Treasurer, No. S Wall street, on the Sist day

of October, Inst. The books close on October 25, and

open on the Ist day of November.S. V. WHITE, Treasurer.

^^ HUNT'S MERCHANTS' MAGAZINE.

^^^EPRESENTING THE INDUSTRIAL AND COMMERCIAL INTEKESTS OF THE UMTED STATES.

mmkVOL. 27. SATURDAY, OCTOBER 26, 1878. NO. 696.

CONTENTS.B«tier Outlook io London 419Banking LdWK of ihe UnitedState and Great Britain Com-pared 4W

Tne Accuracy of Cotton CropReports .. 4:0

TUB CHRONICLE.The Paris EipoeUion—The Clo«-Ine Ceremonies 42?

New Ii.ventlons HiLatest Monetary and CommercialEnzUsh News 423

Commercial and MIecellanoousNews .. 4S5

THE BANKERS' GAZETTE.MoneT Market, U. S. Securities,Railway Stocks. Gold Market^Foreii;u Eschsnije. N. Y. City loveetments, and State, City andBanks, Boston Banks, etc 420 1 Corporation Finances 434

THE COMMERCIAL TIMES.Commercial Epitome 43S i Dry Goods 443Cotton -ISH Imports and Receipts 418Brcadetuffs (42 I Prices Current 441

nTIMBItTS or BtTLLIOK IK BAXK or nSLAIIOi

, General (Quotations of Stocks andBonds 42i

The CoiiMKRciAL and Financial Chronicle is ismied on Satur-

day morning, with the latest netcs vp to midnight of Friday.

TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE:For One Year, (including postage) $10 20.For Six MontliB do 8 10.

Annnal subscription la London (inclading postage) £2 Gs.

Sixmos. do do do .... 1 Ts.Snbscnpiions will bo continued until ordered stopped by a wrtltm order, or

Ot ttie puhticatioii office. The Publishers cannot be responsible for Remittancestuless made by Drafts or Post-Ofllce Money Orders.

.oiidon 0<Br<'.The London ofHce of the Chronicle is at No. 5 An,«tin Friars, Old Broad

Street, where subscriptions will be taken at the prices above named.

Adrertlsementa.Transient advertisements are published at ascents per line for each Insertion,

but when di-flnitc orders arc giveH for five, or more? insertions, a liberal dis-

count is made. No promise of continuous publication in the best phice can begiven, as all advertisers must have equal opportunities. Special Notices In

Bankini; and Financial column 60 cens per line, each insertion.

wnxiAM B. DAKA, I WILLIAM B. DANA &, 00., Pablishera,

JOBS o. FLOYD, JR. f 79 St 81 William Street, NEW YORK.Post Office Box 4592.

|y A neat die-cover is furnished at 50 cents; postage on the same 1« 18

cents. Volumes bound for subscribers at $1 SO.

0r" For a complete set of the Commkrcial and FI^fA>ICIAI. CiiROSicn—July, ISM. to date—or of UusT's Meucuakts' Magazine, 1339 to ls71, inquire

M lie office.

^^ The Bnslne's Department of the Chronici.e Is represented amongFinancial Interests in New York City by Mr. Fred. W. Jones.

BETTER OUTLOOK IN LONDON.Evidently the crisis in England lias culminated, and we

may now dismiss the fear entertained of panic there,

unless some other une.vpected developments intervene.

Further failures will undoubtedly occur, and disturbances

in trade continue, bat to all appearances the turning-

point has been reached, and from this time we may look

for a gradual relaxation in the pressure put upon busi-

ness. The evidences of this change are clearly indicated

in the returns of the Bank of England received yester-

day, compared with those of previous weeks. The

Glasgow failure occurred October 2, but it had even

before that been everywhere rumored for a week or

more. Our London correspondent, writing under date

of September 28, stated that " during the present week

"it has been rumored that serious difficulties in the

"North, or rather in Scotland, were apprehended."

Consequently the Bank of England first felt its influence

the last of September, and we give below the changes in

the coin and bullion of the Bank since that time.

Oct. S4....

'• 17....

" 10....

" 3....

Sept 28..

TolaL ..

RecordedInjlux.

£1,004,(00

6M<,(00

1,532,0»J

S19,C00

S7^,0C0

£4,081.000

Senito SuppljDomesticWant9.

£110,000

1,490,000

1.147,000

595,000

5,480

£3,307,480

Lenrtnff

IncT«a»t by

Bank.

£884,(00

3«0.«2a

£1,954,530

Lot9 by

aank.

80O,0tO

98B,00O

711,00}

£l,tlil,000

Proporfnriurt* Io

UaMHMf

We see in these figures the course of the pressnre, and

the reason why the rate of discount was not further

raised this week. September 26 the proportion of reserve

to liabilities w.is 40 per cent, and the Bank had gained

£360,520 in coin and bullion since the previous Wednes-

day; but on October 3 the reserve had fallen to 40| per

cent, and the drain from the country upon the Bank had

begun, the amount of coin sent to supply domestic

wants, for the week ending that day, being £595,000, or

£76,000 more than the net influ.x. This drain has

steadily continued, and the proportion of reserve to

liabilities has steadily decreased until this week, when

we find a very marked improvement, the amount of coin

and bullion sent to supply domestic wants reaching

only £110,000, against £1,450,000 the previous week,

and the Bank having gained £894,00i», against a loss the

previous week of £800,000, while the reserve has

increased from 27J per cent to 29^ per cent.

This statement is certainly very satisfactory. Of

course, however, we cannot hope for any speedy recovery

in those industries which have been of late so depressed.

Increased caution will be the rule for some time to come,

and this must prove a severe test to those who have for a

long period been laboring under a heavy burden of debt

and unprofitable trade. Large and numerous failures are

consequently likely to occur, until the purifying process

has wteded out the unsound.ones, and business is again

put upon a legitimate basis. If, however, nothing trans-

pires tb change the improving situation, the effect upon

this side will in great part speedily disappear, except it

may be in our cotton market, which must, for months,

we fear, be a participator in the suffering through which

the over-stimulated cotton manufacturing industry of

Europe must pass.

BANKING LAWS OF THE UNITED STATUSAND OF GREAT BRITAIN COMPARED.

It is suggestive to compare the statutory security of

banking in Great Britain with that in this country. As

to circulation, by our law the Government, as is well

known, holds, as custodian. Us own securities, amount-

in "^ to 110 per cent of the bank issues, and is in fact,

ahhou^h not in precise legal phrase, the guarantor of

420 THE CHROINK^LK [Vol. XXV 11.

the notes, the result being that they are absolutely

secure. The position of the Scotch banks resembles that

of the Bank of England in respect to circulation, but is

not quite the same. By the act of 1844, the latter has

15 millions sterling of notes which rest upon the public

funds, and the " issue department " will issue to the

*• banking department " more notes, in exchange for

coin; by the act of 1845, the Scotch banks may keep

out, uncovered, an aggregate of notes equal to their

average at that date, and for every additional note must

hold an equivalent in coin. The difference is that there

is no special custodian of this coin, and that the coin

itself is not kept as a special cover for the

notes, so that, although the banks may hold

more coin than the amount of notes issued above the

limit, the notes have no more claim upon the coin than

the other liabilities have. The intent of the law, it is to

be presumed, was just the contrary; but a bank manager,

a few years ago, testified before a Parliamentary com-

mittee that in his bank the notes had no firr.t lien on

the coin; and, to say the least, there does not appear to

be any guaranty that they do have any. In this country)

except by fault of the Comptroller of the Currency, there

can be no notes uncovered by securities, for they can be

obtained only from him. In Scotland, if unauthorized

issues are made—or if, what is the same thing, the holding

of coin is not kept up—the law provides, as penalty, a

fine equal to the uncovered issues. The law also em-

powers the stamp officers, with evident reference to this

provision, to examine the books and count the coin of

the Scotch banks " at all reasonable times." If this

duty has been performed properly in the case of the City

of Glasgow Bank, the books must have been falsified, or

the coin holding in some way have been made the subject

of legerdemain, supposing the charge true that the

amount of the coin and notes has been misrepresented.

Under our law, no bank can loan to any one person or

firm to an amount exceeding one-tenth of its capital; at

least five reports a year must be made, and the Comp-troller may make examinations as often as he pleases.

Publicity is the rule here, and the result has been that

the note-holders have been absolutely unaffected by

bank failures, and the other creditors, stockholders ex-

cepted, have met only trivial losses beyond that of

interest and the inconvenience of delay. In Scotland, on

the other hand, there seems to be no restriction upon loans,

and no system of visitation or accountability; although

it is customary in C4reat Britain to make half-yearly re-

ports, those are meagre, permitting items to be so lumpedtogether that banking may be extended to farming in the

Antipodes without the shareholders' knowledge. In

respect to personal liability, however, the difference is very

wide between the Scotch banks and our own. Here, the

holder of $100 of stock, besides having no claim upon the

assets, until the general creditors are paid in full,, is liable

to be called upon to pay $100 more, but his liability is

several and not joint, each being liable only for his pro-

portion of the deficit, and not for another's; but in Soot-

land, except in case of the three oldest banks, the liability

has no restriction, every holder of shares being exposed

to calls as long as the deficit and his property hold out.

The superiority appears to lie with the Americansystem in respect to security. Here, the idea of an

unlimited and indefinite liability—one which is utterly

uncertain both as to the time of its coming into prac-

tical verity and its extent—would not bo tolerated byowners of property. The present general corporation

act of this Slate aims to allay the fears of Capitalists byexpressly providing for a restricted liability—ihat is,

for an exemption from any personal demands in case of

deficit—and this is the general habit in Great Britain,

the word " limited" being ordinarily used as a part of

the title of corporations. It may seem strange that peo"

pie should be willing to buy shares that practically madethem general partners in a business, with the manage-ment of which they had no personal share; but famili-

arity with the idea of any danger breeds indifference.

Men endorse for the accommodation of friends, with the

feeling that it is a matter of form only, and the confi-

dence in Scotch banks was almost as perfect as in the

government itself. It was a confidence justified by sev-

eral centuries of almost unbroken success. The solidity

of their banks was a matter of Scotch pride. They had

won a reputation the world over; they represented

wealth, thrift, and all the best characteristics of the

Scotch character; the shares meant plump dividends,

and the purchaser probably no more supposed that his

shares could cost him an assessment in this way than

that the paper certificate itself could explode in

his pocket. Probably many holders did not so

much as know that any legal liability existed, even as

a matter of form; they never thought about trouble

at all, but took the shares and dividends gladly, and

trusted the managers implicitly. To call this trust

heedless is easy now, but instances of almost equal

trust, with less apparent foundation, have been plenty

in our own country. Out of the long course of success

grew hankering for still larger profits, and then, the

managers needing money for their own business in dull

times, the bold mismanagement which destroyed the

bank. Success has its dangers.

Perhaps the calamity will produce, as a result of the

thorough examination and discussion of banking which

must certainly follow, some important amendment of

the banking system in respect to legal accountability;

for, while this failure proves nothing against banking, it

must b? evident that further legal restriction—particu-

larly examinations and publicity—will be safer than

confidence alone. This can never disturb good bankinar,

and bad banking ought to be disturbed. The Scotch

are not a volatile people and will not forget their lesson

immediately. Even if they do not devise any precau

tionary measures, the effect will doubtless be to induce

some return to the old-time conservatism which gave

their banking the strength and success out of which,

unregulated by any external authority, grew the bold-

ness that led to the practice of doing a distant business

through acceptances, and next to the practices that

destroyed the Glasgow Bank.

THE ACCURACY OF COTTON CROP REPORTS.The Liverpool Post of October 9th, in an article

commenting upon the irreconcilable differences in the

cotton statistics issued by the British Board of Trade

and the Liverpool Cotton Brokers' Association, refers

also at some length to certain differences between our

Cotton Crop figures of September Ist and the crop

statement issued subsequently at New Orleans, closing

its criticism with the following remark—" there may be

variations of opinion as to estimates, but there ought

to be no discrepancies as to facts."

Before noticing the questions raised by the Po»t, wewish to assure it that a difference of 37,000 bales out of

nearly 5 millions, is not so very surprising, when we con-

sider the difficulty of obtaining the facts, and the manysources of those facts, which enter into and iuiik>- up an

American crop siateiuent. Very little of the informa-

tion is really official,—that is, very little is obtained from

OcToncR 90, 1878.| THE CHRONIC ;LE. 42]

Government records. So far as the leading Southern

Ports arc coneerned, it is oar cuBtom, when we can, to

adopt for each the figures of its Cotton Exchange, and

80 thoroughly have some of them perfected the system

of obtaining and keeping their own cotton movements,

that one can accept their results unreservedly. But for

all the other figures, and for tlie overland statement, wehave to seek our facts in divers directions, each year

consulting more authorities and obtaining additional

returns. Much of this information is private, kept

solely for ourselves, and its collection is a matter of no

little work and of largo expense. For two persons, then,

under such a system, to separately prepare a crop state-

ment of nearly 5 million bales and reach wiihin

three-quarters of one per cent of the same result, is, in

the opinion of those who are most familiar with the

matter, a fairly close approximation.

And yet we must, at the same time, say that if wethought we were really in eiTor to that or any extent, weshould consider it a serious defect, to be corrected andacknowledged. Our aim has been to eliminate every

uncertainty from these crop statements, and we think

we have done it. With that purpose we devised our

system of overland and railroad reporting. For twenty-

five years the cotton trade had satisfied itself with simply

guessing at the former movement, until we pointed out

the error and prepared an obvious remedy ; and in

every other direction we have sought to make our

system so perfect as to have double proof of every

return we have used. Further than that, we tried to

assist the Exchange organization at New Orleans,

to discover the errors in its earlier reports, byshowing wherein they were faulty. Two years

since (see Chronicle, Sept. 30, 1876, page 316), wespecified a few of the most obvious defects, aud

had the pleasure of a call from a very estimable gentle

man who has a large part in the preparation of these

statements. lie agreed with us upon the importance of

reaching the truth, and promised on his return to NewOrleans to look the matter up and write us about it, and

if the New Orleans statemeut was in error, as he

acknowledged it appeared to be, he would not only

admii it, but have it corrected. We have never heard a

word from him since. Taking this c rcumstance in

connection with the fact that that organization has been

able, no year as yet, to issue its crop report until ours

had been received at New Orleans, we concluded that

there was little reason to suppose the interests of truth

were to be served by an examinatiou of its figures, and

hence had not looked them over this year until receipt

of the Posi'ii criticism.

Having, however, given some time to them now—not

as much as they require evidently—we are disappointed

in finding it diflicuU to understand the report, so as

to be able definitely to assert wherein the discrep-

ancies consist, the arrangement of its figures being, in

our opinion (which may be erroneous), a little clumsy.

For instance, the Pout in taking one of its totals is quite

naturally led into the error of supposing there is a disa-

greement Id Southern consumption, whereas there is

none, ours being 148,000 bales, and its 147,747 bales;

it is again wrong in making 22,000 bales discrepancy

in overland, as our overland gross (which is the only

total that actually measures the amount reaching the

market in that way) is 693,040 bales, and its is 689,261.

la a word, so far as we have been able to discover

from nhe examination now made, the diflferences in

bales are very flight at, any one point, but are dis-

tributed over the entire reports, and thus reach in the

aggregate a total of 37,000 bftlea. All w« oan rnj at pwa-ent, is that we are confident our report in correct; afterIt was completed, and before isauing it, wo went oyerevery detail several time*, for the purpose of iiecing if ourfacts would not permit as to make it tmalUr, u we couldnot at that time satisfactorily anderstand the large amountleft for home consumption and which we were unablewholly to explain until in our cotton report of laiit week.We failed, however, on making these examinations, tofind a single bale to strike out, and now we have re-

examined it with a like result.

There is, however, one point the Pott refers to, in

which there is an evident and important error, andan error which is, wo think, easily determined : werefer to the weight of bales. If any one will examinethe two statements, he will find no differences in thisrespect between them in Louisiana, Texas, Alabama,and Georgia, but a very grave difference in SouthCarolina, Virginia, and North Carolina, and a muchlesser difference in Florida and the other ports. Asthe most of the discrepancy grows out of the state-

ments for North and South Carolina and Virginia, it

will be well to give the following figures from the tworeports for those States,

Soiitb Carolina

North Carolina

Virginia

Total for tbese States

Chronicle.

WelghtB InPoonds.

209,137,4656»,43(;,185

241,690,466

.520,264,116

Avera^weights.

463-74461-37470-23

46.5 11

Exchange.

Wrilgbto InPounds.

AT'geWghln.

196,4H6,6S0

62.308,148

230,782,612

480,667,410

4504S3452

^.51

There are several ways of testing these figures, and wesupposed in giving ours we had applied all known tests

and still think we did. As a preliminary step to obtain-

ing the weights, we secured from the collector of every

Custom House at every outport, large and small, in theSouth, a special return to us as to whether there hadbeen any exports and, if there had been, the dates of

them and the amounts in pounds and hales of each ship-

ment. This is the basis of our system in this particular

and we follow or accept the results thus obained, if noother fact we can secure, tends to disprove their

substantial accuracy. As an illustration take South

Carolina. For that State we obtained and still possess

such a detailed statement prepared for us by Mr. C. 11.

Baldwin, collector at Charleston, and ano her by Mr.

George Sage, collector at Beaufort. Now, it will be

readily admitted that, as the shipments covered by these

returns are going on every week through the season and

are consequently taken out of every week's receipts, and

furthermore, as the returns thems'-lvt-s are.oflicial, they

should be accepted as a correct iudi^x of the ports' move-

ment unless they are impeached by some pretty positive

evidence outside of them. In this case we could find no

such evidence, but could find mach to corroborate the

results thus obtained. Precisely the same is true with

regard to Virginia and North Carolina, for we also have

official returns from each Custom House in those Slates.

Consequently, the weights we give in our table, for each

of the three States named, are the weights thus made up

from these Custom House figures.

We think this should be sufficient to determine the

question raised, until something pretty positive is pro-

duced to discredit the conclusions thus reached. But in

such matters it is not always well to stop with one

demonstration. Consequently, if our readers want other

proof to the same point, all they have to do is to get it

through receipts at the Northern mills from the States

named. We can furnish those Iso in bales and pounds

422 THE CHRONICLE. [Vou XX.VIL

Bat there is one other piece of evidence so patent, and yet,

to our mind, so controlling, that it may be worth referring

to here. The cotton marketed through these States is

grown in them only in part. Some of it comes from

Georgia, but a large portion from the West and States

further South. Now the Georgia shipments, as all admit,

weighed per bale 477 lbs., the Alabama shipments 511-87

lbs., the Louisiana 471 lbs., the Texas shipments 501"S6

lbs., the shipments through Memphis 488 Iba., and the

shipments through St. Louis 490 lbs. These are admitted

figures, because they are the Exchanges' own figures, and

being so, how is it possible that the cotton marketed

through North and South Carolina and Virginia, a con-

siderable portion of which came from the States beyond

them, could only average 450 or 452 lbs. ? Take Vir-

ginia, for instance. Probably a half of the shipments

through that State came from the West and Southwest

(Mr. Toof, of the Memphis Exchange, says his cotton

weighed 488 lbs., and Mr. Simmons, of the St. Louis

Exchange, says their receipts weighed 490 lbs.) and a

quarter came from the South, below South Carolina,

where the weights were from 477 to 511 lbs.;—we ask,

is it possible, if these are facts, that the Virginia ship-

ments should weigh only 452 lbs. ?

But we think we have pursued this matter far enough.

Did our space permit, and the subject warrant it, wecould take up all the other differe nces between these

two reports of bales and weights, and show with equal

definiteness the accuracy of our figures. The proofs in

every respect are absolute and clear, and bring us neces-

sarily to the conclusion that this crop reached the total,

in bales and weights, given in our Crop Report.

What had become of the portion of the receipts re-

maining in this country, was to us a serious question,

until satisfactorily answered through our subsequent

investigations, the results of which we gave last week

(see Chronicle Oct. 19, page 413). Let us repeat the

substance of them, however, because they become of

chief importance in this connection. First, then, there

was an increase in stocks of raw material of from thirty

to forty thousand bales in the hands of manufacturers,

compared with the previous September. Second, our

woolen mills are constantly enlarging their use of

cotton. The ordinary knitting mills have not taken a

bale of wool this year; and all kinds of low-priced

woolens have cotton carded in, or, when the style of the

goods permits, twisted in with the wool. Every manknows how of late years the manufacturers have run

more and more on low-priced cloths. It has been the

feature of the times; and now a merchant entering the

jobbers' or agents' rooms no longer makes the old-time

request to be shown his goods, but invariably says

—

" Show me your cheap goods ". There is no demand for

anything else; and cheap woolens mean more or less

cotton. These large takings then by our spinners, are

thus explained, and we assure the Liverpool Post that,

with cotton at less than 10 cents per lb., we shall require

a slill larger supply this year.

THE PARIS EXPOSITION—THE CLOSINGCEREMONIES.

On Monday last the Paris Exposition—the latest, and,

in some sense, the moat successful of the great world's

fairs—was brought to a close. The occasion wasworthily celebrated. These exhibitions, which were a

novelty in 1831, and have since bo often been repeated,

have lost much of thw original attraction, bat slill per-

Jorai ain essential service. To thp modern world they

Bi^tain a relation not dissimilar ia some respects to that

which was sustained by the tournament to the world of

the middle ages. They bring together the people of

different nationalities; and permit the exhibition of a

rivalry which tends, not to the injury, but to the benefit

of the human family. It is difiicult, indeed, to see howthey could be discontinued without loss.

The Paris Exhibition, measured by a just standard,

must be allowed to rank as a success. It is not claimed

that there will be, when the balance is made, any con-

siderable surplus. It has, however, done much to restore

the prestige of France, and to compel the world to

admit that Paris, even under the present government, is

still the first capital of Europe. It has brought the

nations together in friendly competition, each exhibiting

its best, whether the fruit of its brain or the fruit of its

soil. It has made that city, for a whole summer, the

centre of attraction to the travelling and money-spend-

ing public, and has thus contributed largely to the cofEers

of tradesmen and producers of every class. It has, wehope, also done something towards removing those

differences which separate nation from nation, and, by

so much, hastened the advent of that better time when the

energies of the peoples shall no longer be expended in the

ruinous rivalry of war, but in that healthful and improving

rivalry which seeks distinction in the arts of peace.

France has good reason to be satisfied with her suc-

cess. It is only seven years since she lay at the mercy

of a foreign foe, her armies destroyed, her government

upset, her capital besieged and under the control of a

mob, her territory dismembered, and everything appar-

ently in chaos. Yet now she has so recuperated and

so completely outlived and overcome those disasters

that it is difficult to believe they were ever endured.

And more than that, she has carried on her great enter-

prise while a large portion of Europe has been in tur-

moil and confusion, a war has been raging, and a crisis

threatening the entire continent. President MacMahon'g

words were well suited to the occasion. "We have

been able," he said, "in a most earnest and convincing

manner, to demonstrate that seven years passed in

reflection and devoted to labor have sufficed to repair

the most terrible disasters that ever befell a nation.

The world has witnessed the strength of our credit, the

abundance of our resources, the peace and quiet of our

cities, the content of our population, and the instruction

and good discipline of our army." It will be well if

French ambition shall remain contented in the prosecu-

tion of the arts of peace.

With our own success at the Exhibition, we have no

reason to be other than satisfied. It was natural to ex-

pect that in certain departments we should be successful

and in others take a less commanding place. Our side

of the exhibition was far from complete. Altogether,

however, we have no reason to be dissatisfied with our

hundred years of progress, even as represented there.

NEW INVENTIONS.The inventive genius of the American people, always illustri-

ous, appears juat now to be remarkably active. We are justly

proud of Franklin who initiated, and Morse who perfected,

experiments resulting in electricity becoming the most useful of

all agencies. We are equally proud of Whitney, who, by his gin,

revolutionized the cotton trade, and of a thousand others who have

in one waj and another contributed to enriching the world by their

labor-saving contrivances. It would appear, however, as if the

inventions of the past were to be completely thrown int« the shade

by the later lights. Wallis promises, by means of electricity, to

convert the Falls of Niagara into a great motive power, and to

distribute that power at will over the length and breadth of the

land. Edison, who has recently astonished the world with hi»

telephone and kindred mv.ention* enoourages us to belieVe that

OCTOBER 80, 1878. J THE CHRONICLE. 423

b« baa mastered the diiBcultieH which bare hitherto marred the

effective use oi electricity for li^litlDg ]>urpoi>«8. And now while

wn await the results of tho oxperimunts which are being made

hj Walila and BdisoD, wo are further surprised by the

marvelioua discoveries of Mr. Salisbury. The exhibition made

at the nrooklyn Navy Yard on Saturday, promises to completely

revolutinDize the iron, steel and glass trades. By using

petroleum for fuel, not only is coal supersodod, but, at a

comparatively trltlliig cost, there is acquired a heating power

whi h surpasses anytliing hitherto known. In the experiments,

the heat registered 5,000 degrees, melted pig Iron in ten minutes

instead of two hours, and made liquid glass in two hours Instead

of sixteen. Thfl Invention consists of the liquid fuel and the

means of using it. The fuel is made of the residuum of petroleum

and coal tar—a mixture of abuut the consistency of molasses.

It is conducted from the barrel to the furnace by means of a

small pipe. At the end of this pipe, as it extends into the door

of the furnace, is a funnel-siiaped apparatus. When the fuel

enters this funnel, it comes in contact with a current of highly

super-heated steam, which atomizes the liquid, and thus admits a

sufficient amount of oxygen at the point of ignition. Theatomized fuel then shoots in a fierce but delicate spray Into the

blazing furnace, the brick arclies of which are kept at a white

heat. Mr. Salisbury hopes by his invention to revolutionize the

ocean steamship trade; and ho is about to proceed to Pittsburg to

reconstruct her three hundred blast furnaces, and make that city

the greatest manufacturing centre in the world. If the appara-

tus proves to be as safe as it ij undoubtedly effective, Mr.

Saiisbury's discovery will lead to great and radical changes in

many branches of industry.

^omtnx^i^ammtvclKX^nQXiBW^cvuis

BITES OP BXOHA^NUR AT LONDON AND Ori LONAORAT LATEST OATB8.

BZCHANUK AT LONDON-OCTOBER 18. EXCHANGE ON rX)NDON.

LATBSTOK— TtMB. BATX. DATE. Tin. BATE.

Paris25,45 @ii-!>0

Oct. 11. S5 33Paris... 3 mea.Berlin *'

iO.7-2 @J0.7B Oct. 11. short. 20.47Hambnrg *- 20.-3 ©80.76 Oct. 11. 8 mos. 20.47Pranltfort ....

** 40.78 ©20.78 Oct. 11. thott 20 47Antwerp »»

2.'S.52«(a;5.57« Oct. 11. it .93Amsterdam. .. short. n.i (ai».« Oct 11.

"18.03

Amsterdam ... 3 mos. li4% &UMi ....

Vienna " 5a.D4^@ia.07>^ Oct. 11. 3 mos. 116.90Genoa *• 8-l.l2>4@i8.l7^4 Oct. 11. biiort. V7.15Sapes ** 88.12^843.nn . •• .... . . ..

St. Peiersburg. ** «3>4iaS3X Oct. 8. 3 mos. 84Cadiz «X(a4BJ<Madrid i»

46>£a46X Oct. 8. 3 mos. 47.75Lisbon 90 days. M,S®61>iiNew Vork.... , Oct. 11. 60 days. 4.80Alexandria Oct. 9. .1 mos. 95%Bomoay 80 days. U.iy,d. Oct. 10. 6 mos. 18>« per rnpeeCalcatta **

I», 7X<i. Oct. in. Iloiday.Hong RoDg. ,. .... Oct. 9.

'* Hiibangtiai .... Oct 9. ii. and. pr. tael.

IFrom onr own cortespondanul

London. Saturday, October 13, 1878.

Nothing very important has transpired during the week in

connection with the failure of the City of Glasgow Bank ; but

there is an uneasy feeling, and further suspensions are regarded

as inevitable. Those recorded during the week have not

attracted much attention, and there is a belief that the severity

of any crisis will be mitigated by the fresh arrangements which,it is understood, some firms have been able to make for discount

accommodation and advances. For the time, a decided lull in

general business is apparent, and some fancy that it is only

preceding a storm of trouble; but there seems to be no reason to

depart from the belief entertained at the close of last week, that

the difficulties will be comparatively local. The provincial andScotch banks have been making great preparations to provide

against contingencies, and large amounts of coin have been with-

drawn from the Bank of England during the week. About twomillions in sovereigns have bten sent away, there being an

increase of only £384,070 in the supply of gold held by the Bank,

against a recorded influx of £1,532,000. it is very satisfactory to

notice that the facilities are so easily available for making the

requisite provision, and confidence la promoted by the fact that

trade is quiet, and that, commercial bills being scarce, it is diffi-

cult to see whence any serious and prolonged trouble can arise.

The worst part of the situation is believed to be that the countrybanks have made large advances to manufacturers on their plant

and goodt, ud that the iImIc dnutDd iVhIeb It npnl«M*d toithe latter cheoka lerloaily the prooM* of reeorery. The priod.pal fallore this week la that of Mewra. Hengh, Balfour & Co., ofManchester, a firm well-known ih ronghont the United States. Theliabilities are not yet known with any degree of accoricy, as tbasuspeEsion only took place actually last night; but the MaoehM.ter Guardian of to-day sayi that tho direct llabllltle* owing la

that city amount to about £200,000 and that any lama owIok to

Manchester banks are amply covered. The laapeoslon haa, It ia

understood,,been caused by the atoppage of the firm's ordinarydiscount facilities in London. The firm of tleugh, Dunlop k Co.,

of Bradford, la a separate establishment, and Its position la notaffected by the stoppage of Hengh, Balfour & Co.

This failure in Manchester caused a gloomier feeling to pro-vail. For some days paat there haa been Increaaing onaaalnaMand fears have been entertained that a succession of fallnrw waaInevitable. It is now ten days since the City of Qlaagow Bankstopped payment, and yet there haa been no panic, which ia aofar satisfactory ; but the opinion la widely held that the proeoaaof failing may be so frequently repeated that, without any panictaking place, there will be a prolonged period of restricted con-

fidence. Many persons desire to go through a ahoft and decialTO

process; but the object of those more tangibly Intereated la to

affjrd support wherever practicable, and, at all events, to miti-

gate the trouble which exists. Bnsineas la, of course, upon a veryrestricted scale, and the banks and discount houses are verytimid. Hence, there is a good demand for bills of the beat claaa,

and Treasury bills are much sought after ; but second claaa paper

is difficult lo negotiate. The following are the present qaota-

tiona for money

:

Open-mtrlcet raws

:

Per eeni.4 mouths' bank bills *K^1ig months' bank bllli *\9*%4 and ( montiit' trade bUls. 5 QSM

Per cent

.

Banli rate sOpen-market rates

:

SOandSOdAys' bills 4K®IVSmonths'bills iii^iiH

The rates of interest allowed by the joint-stock banks and dla-

count houses for deposits are subjoined:

Percent.

JnintstocR banks 4DIsconot houses at call 4Discount noases with 7 days* notice 4VDiscount houses with 14 days' notice 4j^'

Annexed Is a statement showing the present position of the

Bank of England, the Bank rate of discount, the price of Consols,

the average quotation for Engliah wheat, the price of middliog

upland cotton, of No, 40 mule twist, fair second quality, and the

Bankers' Clearing House return, compared with the four pre-

vioua years

:

15-1.

Circulation, Incladlng £banlcpostbiila 48,058,431

Public deposits 3,957.287Other deposits 81,497,7)9Qovemmont securities. 1.%»40,1.W

Other secnrilies 19,806.267

Reserve of notes andcoin 9,U)5,8!6

Coin and bullion in

both departments... 22,066,45aProportion of reserveto liabilities.

Banlc-rateConsolsEnglish wheatav. price

Mid. Upland cotton.No. 40 mnlo twist.

1S7S.£

«9,673,8114,143,885

26.i)61,0.-3

l«.55l,0»580,927.246

10,;89,206

45,03S,33'i

1876. 1877. VSa.£ £ £

29,5! 1.910 88,716.855 19,447,7340,IB5,S8^ 5,089.231 4,I41.7SS

311,101.638 41.177.37519.718.60118,201,945

16,018,738

28,967,071l«,9ST,«n

19,064,149 S0,ia>,774

19,999,778 9,(31,118 10,214.980

34.093,521 22.783,318 14,154.7»

3« p. c94

45s. lOd.

«Hd.lOXd.

ClearinEHotiseretnm. 103,196.000 111.31<l.t.0a

4p. c

4is.8d.8d.

Is. Oi<d.

54-61

3 p. c.

46s. a.

35-49

5 p. cV>U

ess. tid.

5^0. 6 ll-ttd.Ud.

80.914,C<10

lOXd.99,177,000

3t-985 D. c.

40s. 4d.6ft-t6d.

t^d.88,SS«.(M0

About £1,250,000 in gold have been received from Paris daring

the week; but about £2,000,000 have been sent in gold coin to

Scotland, Ireland and the provinces, and the probability Is that

the present position of the Bank of England la not atrong. SInco

the return waa completed on Wednesday evening, large rupplies

of coin have been sent away to the North. The price of silver

has fallen to 51d. per ounce, but Mexican Dollars remain at SOfl.

There is an increased demand for American coin; and the Baak

of England directors have raised their price to 76a. Sfd. per

ounce. A few parcels have, however, been purchased In the open

market above that quotation, and have been forwarded to New

York. Last Saturday, 10,000,000 franca in gold were shipped

from Havre to New York, and a furtlier sum will be sent away

to-day ; but the demand appears to be laaa extensive than had

been expected.

£400,000 in India Council bills were offered at the Bank of

England on Wednesday; but there was scarcely any demand and

no allotment was mide.

On the Stock Exchange a dull tone haa prevailed, an I pricea

have had a downward tendency. British railway sharea aro

decidedly weak, but in American stocks, conildering how largely

they are held in Scotland, there haa been no serious decUaa.

Consols have boen firmer daring the last fair daya, which la

421 THE CHROJ^ICLE. [Vol. XXVII.

partly to be attributed to tbe fact tUat in times of distrust a

sound investment ia desirable. The condition of tlie British

Treasury is not very satisfactory. Tiie amount of Treasury Bills

afloat is very considerable, and to pay the dividends this week£2,500,000 have been borrowed of the Bank. The outgoings of

the Government have been very considerable during the last twoor three years; and it is quite possible that increased taxation

will be necessary.

Annexed are the current rates of discount at the principal

foreign markets :

Bank Openrate. markH.p. c. p. c.

Pans 2 2

BrnsselB S)^ SJiiaSXAmsterdam 4 8Ji@iBerlin 5 4>4;ft4XHamburg 5 3Ji@4Frankfort 5 4iK@4KLeipzig 5 4y@4HGenoa.... 4 4•Geneva 4 4

St. PeteraburerVienna ana Trieete...Madrid,Cadiz and Bar-

celonaLisbon and Oporto. . ,

.

New York.CalcuttaCopenhagen

Bankrate.

Openmark't.

p. c. p. c.

66

"i'4@5

i>i iX

The following statement shows the extent of our importations

of wheat and flour during the first month of the season in the

present and three previous years, and also the supplies whicheach country contributed

:

WHEAT.

1878. 1877.

Cwt. Cwt.RuB=ia I,ia6,60.i 1,3J5.!)91

UnitedStaies, 2,19i,8i3 l,078,:i8(l

British North America 54J,til8 3il,78tiGermany 305,9!)" 381,253France .... 13.549Chill 49,a91 84,Si5Turkey, Moldavia andWallachia 3,808 96,509

Eaypt .. 43,313 11)0.31.'.

Briti.-h India r4,417 578.S76Other countries a5u,0!5 94,4(iO

Total

Germany,

FranceUnited StatesBritish North AmericaOther countries

4,5'J2,620 4,036,619

FLODK.

83,62555,725

lliO,506

17,748

192,821

Total. 494.251 5I0,.301

1876.

Cwt.

662,193V«0,161277, US15,4»63,2()7

90,151

84,628399,951316.563409,942

3,039,506

70,02366,274191,76131,(il2

88,554

433,231

1875.

Cwt.

1.S86.852

2,530, <69

71O,.3S0

608,474281,41399,80;

67,8874.58,610

163,327445.324

6,647,434

fi3,5J3

101.8^0218,1)21

46,06863,516

493,318

Annexed is a return showing the value of the cereal produceimported into the United Kingdom during the past month, com-pared with the corresponding period in the three previous

WheatBarleyOatsPeasBeanaIndian Cora..Flour

Total 4,451,071

1873. 1377. 1376.

£ £ £8,361. a^o 2,518,131 1,17.3,780603,385 375.065 342.o;l2216.1113 419.743 383.52548,165 27,801 33.22326,; 72 145,703 161,521848,610 754,405 1,344,518418,676 47i),490 342,7f6

4,451,071 4,7)6,894 4,031,382

1873.

S3,667,5822(3,708463,44127,041

116. J 29

769,567405,. 75

5,693,619

The Board of Trade returns for September, and the nine monthsended Sept. 30, have been issued this week. They show thefollowing results :

1876. Is77. 1878.

Imports in September 30,661,254 38,234,769 27.229 581Imports in nine months

, 212,216,810 292,528,403 282,616'072Exports in September 17,777,917 17,117,4^6 16,561,33.'Exports in nine months 16),035,447 147,685,51!) 141,928.177

The following figures relate to the nine months ended bOthSeptember:

, , ,1876. 1877. 1878.

Imports of cotton.... .cwt. 10.038.1t)7 9,.3S6,783 9,012 459Exports of cotton cwt. 1,376,4IJ5 1,101,746 876 6)0Exports of cotton yarn lbs. 167,3.14..500 10.5,194,6(0 18',n55 00«Exports of cotton piece goods.. yds. 2,727.354.500 S.661,914.400 2,705,66 1,900Exports of iron and stej tons. 1.663,781) l,7.59,2a7 1 7.!7 f03Exports of linen yarn lbs. 16,918.850 14,15i,017 13,900,500Exporisof linen piecegoods.. .yds. 121,110,131 140,266,731 127,4.58 '<90Exports of jute manufactures... yds. 90,456,103 86,499,9)9 8s, 261 700Exports of silk manufactures £1,800,081 £1,281,145 fL.SOl 437Exports of wool, British lbs. 6,2i4 276 7,839,023 4 73l'27JExports of wool, colonial and

'

foreign lbs. 1.18,699,093 1(.5,8?9,018 145 270 335Exports of woolen yarn Ibe. 21.97.5.549 !9,l:i6 7i0 23 2.39 900Exports of woolen clotil yds. 81671,900 83.515,700 33,637'2eilExports of worsted stufls yds. 172,161,500 ]50,35o,;0O 149,228 600Exports of blankets and blanket-ing yds. 8,«98,910 4.566.900 4..W6,40«

Exports of flannels yds. 4,663,800 5,632,600 5,462 60«Exports of carpets yds. 4,914,150 6,032,700 5,1036:0

The following were the quantities of cotton manufactured pie«e

goods exported in September, compared with the corresponding

period in the two preceding years

:

OOTTOH niCE eOODS OF ALL KIKDS.

1876. 1877. 1878.ToGermany ..Yards 4,4n.5,900 7,466,300 5,5.55,200ToHolland 4,563,300 3,817,500 2,513,4uOToPrance

, 7,728.800 4,839,9ii0 4,99!),6;:0To Portugal, Azores, and Madeira 4,064,200 • 6,432,600 6,443 6u0To Italy 8,378,300 6,850,300 5,^29,01)0To Austrian territories 1,044,300 1,119,400 937,600ToGreece , 3.6il,IOO 2.284.500 P,245.9i)0ToTurkey »4,563,SOO 25,2oi,7ci0 37,741600roEfjypt .„ 7,233,600 7,179.fi0fl 6,517,!f00

Ko West Coast Of Africa 8,707,800 2,863,400 3,090,000

To United StAtes 5.463,600To Foreign West Indies 15,41«,8iiOTo Mexico 1,376,600To United States of Colombia (New

Granada) 1,341,900ToBrazil 16,678,600To Uruguay 2,369,300To Argentine Kepublic 957,400To Chili 4.621.400ToPeru 2,433,100To China and Hong Kong 31,422,300To .lapan. . 3,0 13,800ToJava 6,566,800To Philippine Islands 4,211,900To Gibraltar 8,693,300To Malta 1,614,900To British North America 2,849,900To British West India Islands andGuiana .3,703,500

To British possessions in South Africa. 1,063,000To British India-Bombay 36,9!2.100Madras 3, 163,200Benjjal 77,lt.2,000Straits Settlements 7,08 1 ,700Ceylon 2.735,300

ToAustralia ... 2,957,900To other countries 23.967,400

Total nnbleached or bleached 242,628,900Tot.al printed, dyeci, or colored 89,421,400Total of mixed materials, cotton pre-

dominating 932,700

1877.

5,013, .500

12,5)(4.000

2,7<j3,700

3,633,10014,7I£,300

2.39S,;006,3U2,50O

3,2;8,8002,,',6-l,4n0

30.271,1001,498,0004,791.2003,619,7003,r'50,'00

1.603 4 >e

3,306.600

3.922,000

1,5«8,000

36,282,0001,1)80,801

73,631,7007,330 3038,776,4002,335,000

25,663,500

325,179,800

101,241,800

1,009,700

1S78.

4,531,00010,418,.30n

1,589,500

4,534,300

16,401,700

1,947,5004,417,200

1,719,700

8,479,00024,863,5008.885,0005.S90.40O3.116,600

1,096,5005,817,8003,313,900

2.916,9008,09 .',300

31,210.300

2,938,60070,045,2006,072,200l,556.30a

3,953,80029,535,1)00

223,.'iBl,ID0

96,471,500

893,200

Total S32,'J83,000 .329,431,300 325,943,700

OTHER MANtTPACTURES OP COTTON.Lace and patei:t net £>i4,S09 £76,587Hosiery Of all sorts £63,689 £61,411Thread for sewing lbs. 850,215 973,3^10Other manufactures, unennmerated £6.3,;3l £6),1')3Total value of cotton manufactures £1,717,88) £4,836,614

£32,611£80,930990,937£31,233

£1,631,477

The wheat trade shows but little change. Pine F.nglish

samples continue scarce, and seJl at about previous rates ; but

inferior produce is still very dull. The markets are well supplied

witli foreign wheat.

During the week ended Oct. 5, the sales of home-grownwheat in the 150 principal markets of England and Walesamounted to 71,441 quarters, against 61,436 quarters last year;

and it is estimated that in the whole Kingdom they were

285,764 quarters, against 245,744 quarters in 1877. Since harvest

the sales in the 150 principal markets have been 344,140 quarters,

against 287,095 quarters, and it is computed that in the whole

Kingdom they have been 1,378,560 quarters, against 1,148,500

quarters in the corresponding period of last season. Without

reckoning the supplies furnished ex-granary at the commence-

ment of the season, it is estimated that the following quantities

of wheat and flour have been placed upon the British markets

since harvest:1878.

cwt.Imports of wheat 6,463.513Imports of flour. 7ito,585

Sales of home-grown produce. .... 5,965,100

1877.

6,908. 5'81

iv3.266

4,976,320

Total . .

Sxports of wheat and flour.

14.414.51747«. 7d.

Result 12,792,922Aver, price of Eng. wheat for season 43s. 6d.

Tbe following figures show the imports and exports of cereal

produce into and from the United Kingdom since harvest, viz.

—

from October 24 to the end of last week, a space of six weeks

—

compared with the corresponding period in the three previous

seasons

:

IMFOBTS.

1878.vVheat cwt. 6,468,381Barley l,56(i,779

Oats I,(i88,0a2

Peas .

BeansIndian Corn.Plonr

i^est cwi.BarleyOatsPeasBeana . ,.

Indian CornFlour

1S8..')59

156,329

4,5 ;8,:ill3

705,583

1877.5,906,5391,252,517

1.733 258lf'0.360

671.375

3,261,957723,266

BXPORTS.

834,3.5 232,3379,688 16,765

4,381 10,230

2,394 2.261

615 1,584SO,-. 88 20,77212,021 4,232

1876. 1875.4,4.-8,416 8,^'8S,0€4

l,27;',5b4 911,755*],:-.00,096 1,372,929

103,4'.l 63,118684.816 432,481

5,9M.804 3,074,152573,037 678,416

119,5W 42,1031,3/1 3.612

4,741 li,39S

1,557 1,180

1,163 2,2:5

77,812 6,5826,420 2,360

Elugllttli market Reports—Per Cable.

The daily closing quotations in the markets of London and

Liverpool for the past week, as reported by cable, are shown in

the following summary:London Money and Stock Market.—The bullion in the Bank

of England has increased £894,000 during the week.sat. Mon. Tnes. Wed. Thor. Prl.

Oct. 19. Oct. 21. Oct. 22. Oct. 23. Oct. 24. Oct. 25.

Sllver,peroz d. 49>f 49)i 49V4 49 9-16 49X «XOonaoiBformoney.. 94 S-16 93 13-16 93 13-16 93 15-16 94 8-16 94 1-16

" account.. 94 7-16 94 94 94X <S4}i 94 3-lSa.8.68(S-308) I867....1073i 107Ji in7«i 107>f 10;>i Kff-in.8.10-40« una 108 103 107>i 107^ 107.if

U.S. 58 of 1881 106X loeji 1061/4 106 105?i lOoJi

U. 8.4X60f 1891 105K 10,1«i 105>i 105 104J4 105

Erie com stock 16it 16)^ 16X 16X 16X IS**

Illinois Ce-itral 78 79"4 BOX 79 78V4 ISHN. Y. CentralPennsylvania 33X 34 33K ••. 3WPliUa. & Eeadlng Uk. 13X 14 18X

OcTOnBU 28, 1878. J THE CHRONICLR 4

lACfrpoot Cotton Ifarktt.—Ht<e apeolitl report on cotton.

LiPtr]iool lirtadituffn ilarket.—

FI>nr(i!Xlr«Su>to).... Vib>. II 8 II 6W>»»tf,itprtnK. Nn.m tOi lb 9 A 9 H

dn d» No.lii'W" 19 19du witilnr \V. new " 8 8 8 6

do SoulhiTii, lu'W. " 8 118 II

do Av. I'nI. whllo.. '• 9 8 9 8

do Oil. rliih. ..." 9 10 9 10

Corn, roliiil fofi, old. tf qr. M 3 91 a

do priiuo, now " 2>l 6 it i

Litfrpool Provitiont Jfarket.—8at. Mon.a. d. . d.

Port, Wf»tcrn mc8«..«l bbl. « <6Ptcoii, long cl'r. ncw.$ cwt. SO 8 SO 6B«con. fhorl c"r. new " 31 6 SI 6Bri^r, I

rimo nii'Dt ^ tc. 66 eii

Unl, priniu West ...^ cwt. 3.% 6 3SCbeeic, Amcr. choice. " 47 47

Literpool Produce Market.—Sat. Mon.». d.

Tinow, prime City.. * cwt. 37 tf

Hpirtts tiirponilne , . " 93 6

Rosin, nminoa ....... ** 4 9Kocln. ftnu . . . :.. " 10Petrolenm, reflned.. f) galPetroUum, fplilt« "

Btt. Hon. Tom. W*A. Tbar.•. d. (. d I. d. 1. d. I. d.

94 89 •7 108 10

A9 89 in

94 833

Tuc».F. d.463031«6SS

f. d.87 «93 84 910

47

Tuo.B. d.37 6

t« «9 «7 10

8 1099 89 10

94 3S3 3

Wert.•. d.ii8il «31 6an3347

Wed.

!34

10

87S3410

94tt 6- 108 10»9 89 10

9< 32.1 3

Thur.». d.45318i n663.^ 347

Thnr.•. d.87 8S.) 64 910

FrL1. d.

tt9 «1 10

S 999

99483

Fri.f. d.4'>

31US663^47

FrI.B. d.

87 6S34 910

(JJommcvciaUxttdl^lsccUaucoxislllcxus.

iMPonTS AND Exports fob the Week.—The imports oflast week, compared with those of the precediog week, Bhowa decrease in both dry poods and general merchandise.The total imports were $4,539,773, against |.5,704,676 the pre-ceding week and $7,194,502 two weeks previous. Th^ exportsfor the week ended Oct. 22 amounted to |7,4.55,993, against$6.65^,904 last we^k and $7,183,567 the previous week. Thefollowing are the imports at New York for week eudlni; (fordry goods) Oct. 17 and lor the week ending (for generalmerchandise) Oct. 18:

POBEIOK IMTORTB AT NEW TORK FOB THE WEEK.1875. 1876. 18T7. 1878.

DryOrvodB $1,418,410 $l,4J5,14t tl,.384.995 tl.S^S.SdflGeneral merchandioe... 5,157,645 2,350,991 3,660,391 3,261. 104

Total for the week.. $3,876,C55 $3,776,13* $5,843,898 t4,589.773PreTlonsly reported.... 873,841,593 231,130,077 2t)0,H18,53l 98!,613,056

Since January 1... $277,717,654 $234,906,809 $866,061,957 $8.32,152,889

In our report of the dry goods trade will be found the importsof dry goods for one week later.

The following is a statement of the exports (exclusive of specie)from the port ol New York to foreign ports for the week endingOct. 23:

sxpoBTS rnoa xsw tobk roB the week.1875. 1876. 18T7.

Portheweek $5,480,384 $6,1>7,981 $f..6H,n45Previoutlj reported.... 196,724,582 8l)ti,9i;,9!«9 821,876,363

1878.

$7,455,993S7S,48«,!)16

SlnceJanoaryl.... $202,184,901) $815,055,980 t228,t9),i08 $888,948,869

The following will show the exports of specie from the port ofNew York for the week ending Oct. 19, 1878, and also a com-parison of the total since Jan. 1, 1878, with the correspondingtotals lor several previous yearb:

Oct. 19—Str. Donan London Amcr. silver bars. $86,000

Total for the week ($.35,000 fliver, and * gold) $J5,C00PievloaBly reported ($5,061,481 silver, and $5,790,610 gold) 10,855,184

Total since Jan. 1, 1878 ($5,09^,431 silver, and $5,790,640 gold). ...$10,890.1'.'4

Same time In— i

1977 #24.2-4.8)51

1876 4i'.56i,(i35

I8I5 64.7«,66iI

Same time in—1871 $57,733,06!1870 Jl54h.3111869. 28,5«4.0:;0

1874 44.3'i6.774 1 1S68 68.,^70,1941873 44 18i,li8M8fi7 4:.257..^681878 68,216,aOI 1 18';6 54.6J8.3W

The imports of specie at this port daring the same periods havebeen as follows

:

Oct 15—Str. Cleopatra Nassau Amer. ellver $1.3.695"- " ' ..... jlipj438518

3,739

600•45

14,467

1,000«35,^H!0

Oct. 15—Sir. Colon Aeplnwall .Amer. allver

Amer. eoldGold bullion. ...Gold dost

Oct.16—Schr. Nymph Belize Amer. silverGild dust

Oct 17—Str. Tybee Porto Plata Amer. silverOct. 17—Brig Alice Truxlllo Amer. ellverOct. 17—Sir. Scythla Liverpool Amcr. eilverOct. 18-Str. St. Laurent Havre... Foreign gold ....

_ Amer. gol't 211.>,00Oct. IS—Bark Kestrel Curacoa Amer. eilver 4,28<

_ Amer. gold 9,498Oct. 18-Schr Caribbean San Andreas Amer. silver 1,008Oct. 18—Htr. Herder Havre Amer. gold 100,1*0

Toul for the weeV (#381.<»1 sliver, and $353,493 gold) |r31,4a4rrevIoUBly reported ($10,471,634 silver, and $5,125,173 gold) 15,896,807

Total eince -Ian. 1, 1878 ($10,758,685 silver, and $5,183,666 gold).. 116,836.891

OnalomB.Oct. il9 $(64 000

r- lUMlpU.-

«1.

n...94..

.

K....

3i4.annSH,aan147.000»7i,n(»«99,OUO

Cold$7l«.570 M

»^7,«1»^ 10i,ii»,6;9 It

331,461 ni.mijin ft«.504,IM8 78

Par*n>4a.

$461. sr* nCarrMCT.$'t1,v« nUtMt M iM.<«i HmMttt t,7IM«B10M9AW 9« t».)m mtnmn i,aau,»i««i

•u ,

Cnrraaey.»»7,«| t»Toi.iMiai«47M«tl«4in,mmt-t.4l4 Itun ta

,4tt,r«T 7« tt,«aMH $»ToUl II.MJ.OJO $«.I87.43J 80 H,»»T,«17 ft $7,

Bdanoe. Oct. 18 tiO.S-.'VMi 99 iV8t6.i;a flvBalance, Oc:t. «} Ilii,(ii)i,u3| ;.o 46.7«3,>4« 06

U. 8. I.EOAi, TKSUBI18 A»i> Natiowai, Bahk NcxTRt.—?ronvthe Oiuptroller ol the Currency, Hon. John Jay Koo«. we havethe following statement of the eurreocy morementa and Treaaurrbalance* for three months past

:

Anir 31pi.» &,V»«,M-',»M

a4M»i9a0 S49 0I9.4-4)

1I,9V«,«M UJH0,4IM

164,700

io,»t,<go

*B..lVs,9M

U./l. BtmiU held at mcutU^ frim Hat. Kla.— July 81.l>i)iid» for circnlation deposited $<.3!w.4MBonds for clrculnllon withdrawn 6 006 9 4)Totnl held fur circulationBunda held as security for depoaluLegal Tender NoUe.—

Dciiosltod in Treasory under act of Jane 10,1874 7M800

Totnl now on deposit. Including liquidatingbanks... 10,909,917

Retired under act of January 14, 1S7J ....Total retired under tliat act to data ^4,3I''>9S4 .~ -...-w^-mToUl amount of greenbacks ouUtandlng.. 349,89I,0I« tt«i6>I,OI8National Bank OtrcutaUon.—

New circulation Issued ,

Circulailun retiredTotal circulation outstanding—Currency..

Gold i;4SS,lS0NotcB received for redemption from—

NcwYork 9,379.000Boston , S,691,0ii0Philadelphia ... 1,123,000Cincinnati ...

ChicagoMlaceTlaneona S,400^000

Is.ogMoP'

»4,(ao

t.m.401

M«,«l,OM

•44.91(1

1,436 68Swr.'no (»>,t40911,5»7 9l7,1«

883.474.4.19 XB,0U,2I3 811,«94,7M. <_. .». !,«»,»« l,4a«,9«l

4,471,0006,671.000790,000911.000

106.0004,390.000

1,098,000Tii&,oao

i,s»,oao

Same time In—

IJn••• $U.513,744

•E; MSLSSSJ£8 II.OM.218187* 5.281.!t44

155 U,7»0.087WTS 6,301. 90i

Same time in—1871... $6.883.8V418T0 8687..i781869 14771. ".Ill

1863 6,326.9421867 2,848.8041866 8,401,783

The transactiooB for the week at the Sab-Treasury have beena« follows:

Total $a,7S«,0OO $16,413,000 $1S,«0.000Treanury MmemenU.—

Balance in Treasury—Coin S0r,fln7jr'S {38.430,709 t8t,iat,t<tCurrency 1,106,817 9,m,171 l,97S,UaCurrency held for re-demption of frac-tional currency 10,000.000 10,000,000 10,000,600

Coin and Bilver certificates ontstanding 43,631,030 4I,017.8JU }4,II74,C70

East-Botind Freight Pool.—The meeting of managers andgeneral freight agents of the varions Western railroadi, for thepurpose ot forming an east-boand pool from Chicago, St, Looit,Peoria, Cincinnati, Indianapolis and liouisville, assembled atChicago last week. At a meeting held in the same city Sept. 6thand 6th, the preliminary steps were taken for the formation ofthe pool. The roads leading from St. Louis reported that theyhad agreed to allow each of the lines 20 per cent of the bnsinrssfrom that place. It was agreed by the roads running east fromPeoria that the following sliould be the percentages of the basl-ness allotted to each line: Indianapolis Bloomington & Western,29; Toledo Peoria & Warsaw, 29; Chicago Pekin & Southweatero,20 ; Chicago Rock Island & PaciBc, 12 ; Illinois Midland, S; andPekin Lincoln & Decatur, 5 ; A commissioner is to be appointedto make the division. The LoaisTilie and Indianapolis roads •

reported to the meeting that they had agreed upon percentages;but the figures are not known.Subsequently the railroad managers succeeded io forming a

pool for east-bound freight from Chicago, which is to go intoeffect Nov. 1. All the roads are pledged to gire ten days' noticeof any raise or rednstiott in its rates.

These pools are tortued on the general basis adopted at the Sep-tember meeting, which embraced the following points: 1. ThatChicago, St. Louis, Peoria, Indianapolis, I.«al8ville and Cincin-nati shall be pooled points. 2. That all tonnage (lire stockexcepted) originating beyond the pooled point shall be Includedin the tonnage from such nearest pooled points. 3. That thetonnage, for five years, or such less period of time as may beagreed upon, prior to July 1st, 1878. be taken as the baaU for

determining the proportion due to each road.

—The card of Messrs. B. F. Babcock & Co., commission mer-chants in Liverpool, will be found on the laat page of the Chron-icle. This firm is repre.sented in New York by the strong andconservative house of Messrs. Babcock Brothers & Co., SO Wallstreet, and for any transactions in cotton orotherprodnoe betweenthe New York and Liverpool icarkets, these firms hare everyfacility which capital and experience furnish.

—Attention is called to the fact that a gold medal baa beenawarded at Paris to Messrs. J. & P. Oats, the celebrated manu-facturers of spool cotton. Their previous awards were; Priie

M-dal, London, 1862; Prize Medal. Paris, 18li7 ; Hibbon of

Knighthood, Vienna, 1873 ; Prize Medal, Philadelphia, 1876.

Messrs. Auchineloss Bros., 47 White street, are the well-knownagents in New York.

—Messrs. Winslow, Lanier & Co. ire ofTering a limited amoantof Scioto Valley first mortgage sinking fund seven per cent

bonds at 92^ and interest. The annual interest charge on the

total issue of bonds is only (91,000, and the net earnings for

seven months have been $1(^,843.

A limited amoant of Dakota Soathem Railroad aeren per

cent gold bonds are offered by Messrs. WaUtt>n H. Brown &Bro., at 95 and accrued interest. Also, the six per c»nt flrtt

mortgage bonds of the Nashville Cbatt4u>ooga & St. LouU Rail-

road, at 80 and accrued Interest.

—Messrs Perkins, Livingston, Post ii Co. have still remaining

$80,000 of Northern Railway of New Jersey drat mortgage ex-

tendtd 6'8. which they offer to inveetora. The total amoantissued is $200,000, and the net earning* laal year reached $63,000.

426 THE CHRONJCLE. rvcL xxvii.

^Ixe jankers' ^^v^etlt.

No National Banks organized durinff the past week.

DIVIDEND!*.Thefollowlni; dividends have recently been annoanced ;

Najce or Coffl-ASr.

Railroads.Boston & ProvidenceCedar Hapids <fc Mlssoori River (quar.)...

BvansTlUe & Tcrre HauteManchester & Lawrence

Banks.American Exchange NationalFnlton NationalMercantile NationalPacific (qiiar.)

iniscellaneons.Iowa Enilroad Land Co. (qnar.)

fisaCbnt.

WhenPatablb.

$3 Nov.Nov.

Nov. 1

Nov.Nov.Nov".

Nov.

Nov. 1

Books Closed.(Days inclusive.)

Oct. 19 to Nov. 1

Oct. SO to Nov. 1

FRIDAT, OCT. 25, 1878-5 P. jn.

The Money market and Financial Situation.—There is a

much more quiet tone iu financial circles, both in this marketand in London. The report, which was the sensation of the dayat date of our last writing, that the Bank of France had loaned

gold to the Bank of England, proved to be a mere canard; andindeed the report v.as not credited from the first by our bankers

here. The cable dispatches lately received from London indicate

a material improvement in the feeling there, based upon, or

connected with, the much better condition of the Bank of

England. Not the least striking of the fluctuations attending the

recent disturbances in monetary affairs has been the rapid decline

and still more sharji recovery in the rates for foreign exchange.

Last week, bankers' demand sterling bills sold &s low as 4.85J,and to-day they are held at 4.88^ by leading drawers, thoughactually sold at a fractional concession from that price. This is

partly accounted for by the fact that the supply of commercialbills has fallen off considerably this week, since exports havebeen checked by the decline iu cotton and other ]>roduce whichfollowed upon the threatening aspect of financial affairs in London.Our local money market has been more steady, and borrowers

on call have had no difficulty in supplying their wants at 4@fi

per cent on stock collaterals and 4@5 per cent on Governmentsecurities. Prime commercial paper shows but a small businessfrom the fact that very little first-class paper is offered; rates are

about 5 to 6 per cent, according to the grade and time to run.

The Bank of England statement on Thursday showed again of £894,000 iu specie, and the percentage of reserve to lia-

bilities was 29J, against 27i per cent last week. The Bank rate

of discount remains uncliauged at 6 per cent. The Bank of

France lost 11,191,000 francs in specie.

The last statement of the New York City Clearing House banks,issued October 19, showed an increase of $709,150 in the excessabove their 35 per cent legal reserve, the whole of such excessbeing $4,240,700, against $3,531,600 the previous week.The following table shows the changes from the previovis week

and a comparison with the two preceding years.

' State and Railroad Bonds.—Louisiana consols are moder-ately active, and sold here to-day at 74^. Virginia consols are lower

in Baltimore, where most of the sales are made. The SouthCarolina cases will not probably be decided before December 18,

to which day we understand the Court has adjourned.

Railroad bonds continue to be quite strong on a moderate busi-

ness. The annual income received from many of the bonds at

their present prices is tempting to investors when Governmentbonds pay only about 4 per cent, and first-class real-estate mort-

gages about 6 per cent. In regard to a rumor that the Chicago &Northwestern Kailroad Company had negotiated $1,000,000 bonds

in Europe, the Evening Post money article says :" The following

bonds which were in the treasury of the company, and were orig-

inally issued for the purpose of building the branches named (and

.referred to in the last annual report) and which have been built,

have been sold in Amsterdam at 90. The company originally

advanced the money to build these branches, and the sale of these

bonds re-imburses the company for its outlay.

Minnesota Valley Railroad Co. bonds, 25 miles, at $6,000 per mile $160,000

RoclU'Stcr & Nort'n Minn. E. R. Co. bond?, 25 miles, at t8,OO0 per mile. 300,000

Plainviow Railroad Company bond", 16 miles, at $B,25' per mile 100,000

Menominee River Railroad Co. bond?, 25 miles, at $10,000 per mile.. .240,000

To:al 1690,000

" $100,000 of the bonds having previously been sold. All these

are 30-year 7 per cent bonds."

As to the statement of net earnings of the Missouri Kansas &Texas Railway, published in our issue of October 12, the follow-

ing is a statement in detail for eight mouths, January 1 to

August 31, 1878, including the land sales :

fiross earnings for eight montbs, from Jan. 1 to Sept. 1. 18:8 $i,770,58J

Receipts from Land Department and miscellaneous (about) 55 WO

Total S1,S36,532

Less ooeratin'r expenses ^^''S^'i^?Rentals and imt,rovementsTaxes paidExpenses Land DepartmentMiscellaneousExpenses of trust and maintaining organization.

$342,019

Expended for renewals 269,600

Net result for eiglit months .. $72,413

The following were sold at auction:

Hhares.

12 1,72!)

25,91087,4444«,35330,601)—l,483.r

Loans and dis.

BjieoieCirculation ..

Net deposits .

l*gal tenders

187S.Oct. 19.

.$246,593,10015,547.80019,601.200

208,144,60040,729,100

UifFer'nces fr'mprevious week.

Doc.$2,041,200Inc. 1,556,700Inc.. 8,100Dec. 1,896,600Dee. 1,321,700

1877.Oct. 20.

$238,183,80016,519,90016,230,300

195,561,50039,949,300

1876.Oct. 21.

$261,968,70017,610,60011,836,700

231,218,20048,740,200

United States Bonds.—There has been a fair business onlyin Government securities. There were some sales here for Lon-don account during the early and middle part of the week, butto-day prices are relatively higher in London, and there is nomargin for importing bonds.Closing prices at the N. Y. Board have been as follows:

150 Tradesmen's Nnt. B'k— 101 1-2

40 Nat. Broadway Bank 19756 Nat. Park Bank 89

113 Mctrop. Nat. Bank 114ia100 Oriental Bank 127100 Brooklj-n Gaslight Co. ...11340 Nat. Broadway Bank 20025 Lenox Fire Ins 9120 Eagle Fire Ins 200^215 Republic Fire Ins 70>428 Mont.ink Firo Ins Ill10 Manhattan Gaslight Co.. 14825 Metroi). Gaslight Co 105lOOBvooklyii (xasliglit Co— 11615 Park Fire Ins Ill

68,1881 rcg.68, 1881 coup.68, 0-208, 1865... reg.6s, 5-208, 1865 .coup.6s, 5-20s, 1867... reg.68, 5-20S, 1867 .coup.6e,5-20s, 1868... reg.6b, 5-208,1868 .coup.58, 10-408 reg.5e, 10-408 coup.5s, fund., 1881... reg.5s, fund., 1881. .coup,4»28, 1891 reg.lQ.4128,1891 coup.

"

48,1907 reg.48, 1907 coup.68, cur'cy, '95-99.reg.

InterestPeriod

& J.& J.& J.& J.& J.& J.& J.& J.

M. & B.

& 8.. Q.-Feb• 9--Feb

MarMar.

.-Jan.

.-Jan.. & J.

Oct.19.

1077810778102%102%'lOS^g'lOSOg107%107%106 ig

> 106^8104%10558IO3I2103 «2*99T8100119%

Oct. Oct. Oct.21. 22. 23.

107% 107% •107%*107''8 107% 10778•102% 102'8 '102%*102% '10278 •102%* 105 •'is 10558 "IO5I210558 •105% 105 13*107i2 •107% •107 13*107% •108 •108106 •10573 1057810618 10578 •10578'104% •104% IO4I4IO5I2 10558 10558*103is 103% 103%103% 103% 1031409 'e •997e "9978100 9978 100•11958 "11968 •11959

Oct.24.

Oct.25.

•107%|*107%107%'*107%102%:*1027e102% ''10278105i2>105iB105i2!*105iaIO7I2 "1071210810534106IO4I4105%!10314IO314100•99781195g

1081057810578104141051a103%103%•997e9979

11958• Tills is the price bid; no sate was made at the Board.

The range in prices since Jan. 1, 1878, and the amount of eachclass of bonds outstanding Oct. 1, 1878, were as follows :

$1 ,000 City of Hannibal 6p. 0,

due 1893 524,000 N. J. 7 p. c. imp. b'ds,

due 1892, IO5I2 and tut.

1,000 Jersey City 7 p. c.

imp't bonds, due 1893,IO6I4 and int.

2,000 Jersey City 7 p. c.

water bonds, flue 1902,106% and int.

500 Eead'g & Columbia RR.1st mort. 7 per cent, duo1882, coup's March andSept 90

10.000 Chesapeake & OhioRR. 1st mort. 6s, withcoupons from 1st Nov.,1873, deposited with Cen-tral Trust Co 2719

100 .Spring Mount'n Coal Co.. 4290 Manliat. Gaslight Co ligia22 Knickerbocker Fire Ins.. 8222 N. Y. Mut. Gaslight Co... 6550 Hannibal Bridge Co.,

$100 each 87I2

[ 85 Keokuk & Ham'n BridgeCo., $100 each per share . . 1

100 Union Impr. and ElevatorCo. ofDuluth 15

72 St. Paul & Dulutli RR.Co. prcf 15%

215 Jackson Land Co.,entitledto $819 scrip issued fortaxes 10

Bonds.$10,000 Keokuk & Hamilton

Bridge Co. 8s, Ist mort.,due 1899, with int. coups.from 1st July, 1876 37

800 Jackson Land Co Istmort. 8s, due 1887 100

5,000 Cumberland & Peuu.1st mort. Os, duo 1891.... 8412

10.000 Cousol. Coal 1 st mort.7s, coup., duo 1885 103%

10,000 Cent. Pac. RR. Co. 1stmort. on 50 miles east ofSacramento, 7 p.e. couponbonds, duo 1883 IO6I4

5,000 Amcr. Zinc Co. 8 p. c.

bonds. Coupons on 1stDec, 1872, and after, p. c. 1

Closing prices ot leading State and Railroad Bonds for two

weeks past, and the range since Jan. 1, 1878, have been as follows:

States.

Range since Jan. 1, 1878.

Lowest.

6s, 1881 . . . . cp. 1051s Feb. 25 110% Jime 27 $197,067,15068,5-208,'65.cp. IO214 July 22 105ie June 6 44,459,40068,5-208,'67.cp. 10112 Aug. 12 108=8 June 27 110,174,8006s, 5-20s,'68.cp. 10031 Jati. 2 11]34J"ne28 16,071,50058, 10-408... cp. 10378 Mch. 1109% July '^9 144,280,80058,fund.,'81.cp. 102% Feb. 25 1077e July 30 235,060,8004128,1891 ..cp. 10178 Mch. 1105 Aug. 17 159,860,7504s, 1907 ....cp. 99% Oct. 3 102% Jan. 9 103,209,600€8, our'ncv.reg.!! 1714 Apr. 5;122'ri May 251 64,623.512

Highest.

Amount Oct. 1.

Registered. Coupon.

$85,669,20037,274,750

200,439.30021,393,800.50,285,500

273,379,5.5090,139,25048,290,400

Louisiana consolsMissouri 6s, '89 or '90North Carol ina 6s, oldTeimessee 6s, oldVirginia 6s, consol

do do 2d series..

Dlst. of Columbia, 3-658R.VILROADS.

Central of N. J. 1st consolCentral Pacittc Ist, 6s, gold..Chic. Bml. cfe Q. consols 7s. ..

Chic. & Northwest. cp.,gold.

.

Chic. M.& St. P. cons. s. (. 7s.

.

Chic. B. I. & Pac. 6s, 1917...Erie 1st, 78, extendedLake S. & M. B. 1st cons., cp..Michigan Central consol. 78..Morris & Essex 1st mortN. Y. Cent. <fe Hud. Ist, cp. . .

.

Oliio & Miss. cons. sink. fd.

.

Pitts. Ft. Wayne& Cliio. 1st..

St. Louis & lion Mt. 1st ni

Union Paoiflc 1st, 6s, jgold.

do sinking fund.

Oct.18.

73781061s-16•33•70

•7612

106%114lOlH9578

IO912II5I2114113120'II8I2101122'IO5I2IOOI299%

Oct.25.

106 12•16

70'77%

•80IO6I211410296 14

1091s•115%

Range since Jan. 1, 1878.

Lowest.

09% June 8IO2I2 Aug. 2315 Meh.2933 Sept. 9

July 31Apr. 12

64i4Mch. 410358 Jan. 15109 Jan. 29178 Jan. ,149118 Jan. 5100 Jan.110 Jan. 7

•11315' 109 Jan. 10•113%'l05is Jan.

|115i2Jan. 5119 117i2Sept.lOIO2I4 9578 Feb. 20I21I51051s106%IOOI2

118 Feb. 8102i2Scpt.2010358 Jan. 792%Mch. 6

Highest.

85 Feb. 11108 Jiuie2218 May 253958 May 14

Scpt.lOJune 10

90 July 1110858 Juno 28lllUOct. 810314 May 31102% May '25

II012 Jtuie28116i4J«ly 8114 Sept. 26114 Oct. 2121 Oct. 8122 June 26103 Oct. 10122 Oct. 18109% May 2410858 June 28105 14 July 9

' This Is the price bid ; no sale was made at the Board.

Railroad and Miscellaneous Stocks.— (3n a moderate

business at the Exchange, taking the whole list together, there

has been exceptional activity in certain stocks, with a sharp

advance in prices. Western Union Telegraph has been the most

prominent specialty, and on large sales lias advanced rapidly in

the past few days, touching 98 on the last sale to-day. There

has been no development in regard to this stock, and the oft-

OCTOBXR 20, 1878.J THE CHRONICLE 127

rpponti'd rumor 1h ntrniii^ontpil tlint the Htock h<'lil by llio (•ora-

paiiy Ik to 1«> diHtrlbutfd. Next to Western Union Lnko Shore

iiiLs oofupUHl th(> attrition of the street, and with hirjfo Males

during; the wcok hits ndviinrral to (19 this nfternoon. Tlio coal

rond stocks linve :<howu depression durinff the week, hut close

stronger. Itelnwiire l.nckiiwannii Si Western closiujf at 51 j|.

The diiily highest and lowest prices have lii'en i\s follows:^

teturdir,Oct. II).

Cblc. * Northdo pro'

C. It. I.* I"*"-

IXI.* II. (analDel. UClC.41 WKrlc ••

Han. * St. .'n..

do prcf.

110^ 110SUM Wi

un

do pref.i'aai

lU'tillA44H 4ev

iiM m'It 14)

77 78

HH en80 W'l

.._ ,. lie«llU'H 7m 7X 7>

15*2 1(1IlA in

'lao 123 IX....

ISH 10<4\ ISiii l»Km<2 miui mu «o(J(vsM u«w, fHii oo-H

. 4S 4;H 47J4s 4H.l.i "IS 49i W7 I

96 W).J IS •!«« 14

35 l'3l>j ....

SOU KlU111 nm

It? ...

18M 19eSH 6B««l 95

lis

IS^ 19

I mu 91,4loe ]ouKiusMias4«

... .^^

4H 49

sax as •!i2 33

TOW 7lK

44 4.')t4

4HK BIMI IN la

111 . .

15j5 15)ilai

.19m wu9H^ OAIDUlJ ll'lIU

4H 4hCJ««!< 4«W8I1>, 9«jSla 13

... 35

• Tbeeo are the prices! bid ana askod : no saU was niiide at tUo Board

.

Total sales this week and the range in prices since Jan. i, 1877,were as follows:

Central ot S.JChic. Biirl.&Qiiinpy.Chic. .Mil. ill .St. P.. ..

do do i>rcf.

Chlcavu A Northw. .

.

do do prof.Chic. Rocklsl.APac.Del. .V iliulmin (.'aiial

Del. I,a<k. Jc WesternEricHaiiiiibiil & 8t. Jo. ..

<io do pref.niiiioisr.-ntral

Sales ofWeek.Shares,

i

Jan. 1, 1878, to date.(Whole yearI

1877.

Lowest.

• ntral' ^<ox

.N. Y. iVui.AHiid. R.Ohio .t y\ i.<si.ssippi . .

.

PHiilic .MallI*:ii!!iina

Waiiit-'h

Viiiiiu PacilicWestern Union Tel. .

.

Adams E.^pre.'*s

American Kxpress..United .states Exp...Wells, KartfoA Co...ljnick,'«ilver

do pref

13,7808i)0

20,29012,.540

104,7.577i),7102.1009.248

lS9,0t)018,972

800900

4,590170,760

4,20010,2801.7151,2351,400

S,i'l615,633

191,23758778210250

ISiQjan. 29914 Feb. 282713 Sept. 2

I61 Oct. 14

I 32 la Aug. 10I

59% Feb. 99838 Jan. 15

! ISiaOct. 22i46%Mch. 57^ Jan. 510 Feb. 282158 Feb. 2872% Fob. 14SS'^'a June 2958 Hi Jan. a67^8 Feb. 28

10334 Fob. 116% June 291458 June21

112 Jan. 5121s June 266II4 July 3175 14 Fob. 1398 Jan. 846 Aug. 244 Alls. 782 1£ Jan. 712 Aug. 2129% Feb. 5

Highest. Low. High

37%118'842I973M43^809 13

1031a74 1£7715ir'o337879733e74 1492 Si

109 14113826 14130

4514 July 11114% Julv 15.5478 .Tuly 884.\July 955 14 Apr. 1779I3 Julv 1111914 June 759^8 July 10Ol^s Julv 1018% Julv 31lliilSept. 540 Sept. 587 July 1170 Oct. 972=8 Apr. 1889 Juno 10115 Sept. 511>4 Apr. 15237^ Jan. 16

131 Feb. 2520% Apr. 573 Meh. 2098 Oct. 25109 J4 Oct. 25521a Mav 851% Feb. 2597 Oct. 919% Feb37 Juno 15

6941140781537%821225%307e4«8717401s45355851 1485I4

21a127880

59%569143 143081131978

73845810560 1459%902445

The latest railroad earnings and the totals from Jan. 1 to latest

dates are given below. The statement includes the gross earn-ings of all railroads from which returns can be obtained. Thecolumns under the heading "Jan. 1 to latest date" furnish thegross earnings from Jan. 1 to, and including, the period men-tioned in the second column.

.—Latest earnings reported.—. —Jan.l to latest date .

EARNrXGS. Week or Mo. 1878. 1877. 1878. 1877.Atch. T.M.. (fe 8. F.2d wk Oct. $119,.50O $93,767 $2,911,293 $1,921,203Atl A- i;; \Vc«t...August.... 369,761 421,483Atlaiiti, .Mi.ss.iO.An^nist... 155,012 184,176 1,044,263 1.073,698Bur. ( . lla)i. & N.2.1 wk Oct. 32,487 36,622 1,199,342 888,314Bnrl.A.Mii.H.inX.Au^'U.^t.... 166,320 123,117 981,089 606,822Cairo & St. Louis. September 19.371 19,745 161,773 175,803' •""' ' i.iHc....Septenilierl,831,00O 1,441.293 12,937.363 12.033.937' \lton..2(l wk Oct. 131,426 116,608 3,686,075 3 544,736

.V Q...Auga.st. ...1,632,207 1,330,249 8,996,425 7,631,597'

. ..-t. ni..2(lwkOct. 18,626 17,886Chic. Mil. & St. P. 3d wk Oct. 18^,000 258,973 6,669,000 0.193.213Cliic* Northwest.September 1,345,796 1,5.59,368 10,034,801 8,593,055do pi-i ipr'y r'ds.September 106,704 136,074

Clcv.Mt.V. .tU..]stwkOct. 8,660 7,897Dakota .Southern. Aui:u.st.... 15,164 12,537Denv. i Klo G...3d wkOct. 28,300 17,002Dubnque&8.Clty.2il wkOct. 24,774 26,752Erie July 1,157,090 1,041,205Gal. n. its. Ant. August.... 110,083 99,140Grand Kap.,\£lnd.AiigU9t.... 10;i.38(i 96,681Grand Tiunk.Wk.eiid. Oct. 12 207,001 221,694

90,345 - -

485,698129,93128.57044,783113,54682,453

114,979123,497

6,5881,316 3,931 142,571 141.537

288,084 322,896 2.025,890 2,168,652

Gr't Western. Wk.eiid. Oct.lS111. Cent. (III. line). SeptcniMer

rto lewn lines. .ScptciiiberIndlannp. Bl.A:W.2d wk Oct.Int. & Gt. North. .2d wk Oct.Kansas Puilllc .2d wk Oct.»' ' • .vTex.3dwk Oct.

• iio .\ugust.. St.L.September

i .. i.M/iibctht.lstwkOct.'' •' \ .Memphis.. 2(1 wk Oct.I Kit Liie SeptemberI'liiia. i- Ue;Mling. SeptemberHt.L.A.A.T.II.(bis)2d wk Oct.St. I,. Iron Ml. A: s.2d wk Oct,St. L. K. <:. A: No. .2d wk 0<t.St. L.A:S.E.(Sl.l,.lSepteniber

do tKen.i..Septemberrto (Tenii.). September

81. Paul & S. City Septembernclotu Valley SeptemberSfMM X f it V A: St. P.Septeinberr..' r. n- ,., ,v War. 2d wk Oct.

W;iljUi.ii

113,89;607,713209,03930,4;i242,04394,07469,767

125,714157,424

6,4443,931

322,896779.481 1,527,1.10

288,192138,088873,795741,105

8,289.355728,993778,222

6.872,0023,600,7673,960,2271,083,2931,012,2951,037,3482,799,.">9()

2,335,1441,117.0891,188,031

291,098109,023598.815689.564

8,051,009588,8016!I5,312

7,156.5643.462.5063,728,7251,029,300979,ni<!

1,081,9372.465.1552,538,0841,019,1951,255,001

15,280 16,082 373.874143.000 147.368 3.222.61290,363 89,537 2,510.82162.831 64,661 468,13230,724 29,0-17 256,96014,148 14,:i87 124.89652,019 61,720 430.31629,151 17,587 203,72430,418 42,228 266,14822,695 27,205 1,012.068

illc 8cpteniberl,163,426 1,035.232 9,0.52.600SdwkOct. 109.920 112,558 4.020,199

8.810.420 10.431.4.53.•t9;).4::2

3.277.6632,395.781

111.191240.395113.1773.19,226

200.S26867.937

9.073,6693,685.145

The Hold narkct.-rhero haa be«n rompanitlrrly llttlninterest in ifold, ami today the price op«n«(i and r.Umnl at ]00|Helling In the mnaiilline at 1U04. Un Knid lonn« ratm wem fmai8 to H ner cent for carrying In the morning, and at th«t elamcash gold loaned Hat.

Hilver in Ijondon is (|ii(it4Ml at <I0{.

The range of gold, and rlmrlnKn and baianoM. wew m follow*:

Qnotatlonn. OoldClearioK*.

Balaaaaa.

Open |I<<.w.| High Cto*. '• • '-irnmar.

Oct. 10..•' 21.." 22.." 23.." 24.

.

V 25..

100>i'lOo^ IOOi«lOOij loimi I(K)«ii

lOO'alooi.j loo«iilooigioomiMjijlOOij lOO^S. l(H(ia

1003gl00% 10U>i

100ia'lOOis'lOO»BlOl'4100'ii lOHh1027, l(H)l8 I027g

100«lOOia100 Ig

100 la

100an

loo's

1013|100>alOOaiB

$U.806.0(*<».209,0<«>8,148,0000.367,0000,084,000

10,030,000

i.

1,1

i,io..,....i

OM.OOO

••no

. 1

l,MM»,.t.',l

(M0.33A

Thin week ,'S5.40O.0O0$137,833,000Prev. w'k

8'eeJan. I$1,238,500 $1,367,047

The following are quotations in gold for various coin*Sovereigns $-1 8:1 «i|i4 87NuiKileons 3 83 ® 3 87 ;

X X Kelclimarks. 4 75 » 4 80 I

XOnlldeis 3 !M) ® 4 10 ,

Bpan'h nonbloon8.15 05 915 90 1

Mex. Doubloons.. 15 45 ®15 60 I

Fine silver bars .. 107%® 108iaFine gold bars par.'^'^prem. I

nimeo A >4 dime*. — 98 • — MS" '; ind >«•. — 9HH* — 08««— 90 • — l>2

udlara.. — 83 •—84i.iii.iisri Sliver .... 4 7S •4 85I'nis. sllv. tlialera. — 68 » — 70Tnule ddllam — 98l4» — D8>gNew silver ilollara — 097(* — par

Exclianice.—Foreign exchange has made a sharp adranc*,and prices to-day are two to three ]>olnt8 above last weiflk. Thereis but a small demand f«)m bond importers, but a decrease In

commercial bills is reported in conscqacnce of ahipments ofproduce being checked. Actual business was done at a slight

concession from the rates given below.In domestic bills the following were rates of exchange on New

York at the nndemicntioned cities to-day: Charleston, plenti-

ful, buying H-llMdii discount, selling i<3par; N'ew Orleans, commcrcial K'%5-16 discount, bank ^ discount; St. IionU, SO dis-

count; Chicago, steady, 2u premium; and Boston, 13ic. dlscoiuit.

Quotations for foreign exchange are as follows:

Oct. 25.

Prime bankers' sterling bills on London.Good bankers' and prliic commercial..(iocil coinmercialDocumentary coimnci-cialParis (fiancs)Antwerp (francs)Swiss (francs)Amsterdam (guilders)Hambmg (rciclimarka)Frankfort (reichmarks)llremen (rci. hinarks)Berlin (reichmarcks)

60 days.

4.82 ®4.4.811a a'4.

4.80 »4.4.79 ia»4,5.23i8a5,5.23is956.23ie»5397a»94 •94 994 994 *

82 19828180i«20«»20«820i>B

4094 >«

94 1494 >4

9414

3 day*.

4.88 94.88><4.87><«4.884.86 94.874.85<<»4.86li5.20lg95.18>«S.20«r»5.18isS.20S«ft.l8>e40>«a 40l«94^394'>8»

947e9047g9

95>«95 >8

95«95 >•

New York City Banks.—The following statement shows the

condition of the Associated Banks of New York City for the weekending at the commencement of business on Oct. lU, 1878 ;

. ^AvcBAOi inottjrr or

Banks. CapltU.

.2,000,OCO

. 2,050.000

, 9,0t0,000, 3,a(io.(X)0

1,300,0003,000,OCO

. 1,OJO,0001,000.001

Sew York. ...

Manhattan Co.Merchants' . .

.

Mechanics'....Union ....

AmericaPhoenixCity --Trad-smen's 1,(!00,0.«

Fulton 6«.000ChcmcHl.. .. aoooooMerchants' Exch. 1,000,000

Gallatin National 1,500,000

Bntchers'JtDrov. aoo.!*)

Mechanics' &Tr. 60O.OOO

Greenwich .. .. ao;i,M)0

Leather .Mannf'rs tiO0,^XX)

Scv«nth Ward.. 300,000

Sute of N.York . 800,000

AmericaaKxch.. 6,000,000

Oommetce 6,000,000

Broadway 1,000,000

MercantUe 1,000,000

Paclflc 4Si,'roO

Republic 1,500,000

Clialbam 490,000

People's «2,500North America.. 700,000

Hanover 1,' 00,000

Irvlu" BOO,0OC

Metropolitan 8,000,000

Clta»n«' 900,000

Nasfaa ],0.io,0o0

Market 1.000,000

St. Nicholas 1,000,010

Shoe and eather l,ii00.1O>

Cora Exchange . 1,000,008

Oontineaial ),ao.litiO

Oriental ... 800,000

Marine .. 4O).000

Inip.jricrs'JtTrad 1,500.000

Park. . 2,000,00Mcch. Bkg. Aite'n OOO.PO)

Grocers' 80o,000

Sorih River ^^-W*East Itlver . ... 880,000

Manuf'rs' A Mer. lt«.000

F.mriB National 3.5 0,000

Cinlrai National. a,OiA0M)

Second National. 3O»,fO0

Ninth National.. 1M.000

Fir»t Nalioral... MCOOOThird National.. 9H8,8i)0

N V. N..t. Exch. 800,1X10

Bjwery National SSO,000

New York County * 0,000

German America 760.000

Loans andDlscoantB.

$8,5»5,000&,«09,40U

7.537,7007,200,8004,093,8008.471.9002,311,000bi^a3,40U3, -238,3001,574.700

10,a47,1003,419.1003 845,«00

1,30.1.(X)0

l,413,l«)

B71.1002,487,800884,800

l,5ri,«0ll,8«U,0iO18,73-1,800

4,?23,S003.185.100e,057,5008,444,50')

«.»12,100i,3K,ioa1,693,000

5,053,8001,910.400

IS,"21,0001,4«>>,000

1,95tt,«M

i,4»l,?00).9S'i,i!09

3.581,100

4,93(1,800

3.9:.o,ioa

l,3M,IOOij,34.%00014.«t,anO10,599,900

taviop515,100701,100ii»,oao8l^M)

18,306,9007,477,0003,nM.0C0.151«,10O7,89.1.400 1

&,9<&.7001,139.800

1,114,000

1,181,100l,»7i.70(>

Specie.

(1,587,630431,100714,10048->..^00

Siil.OOO

1,038,100477,000

1,592 800i;4,6'iO

1.511,700

LegalTooucn.

50^,800614,800833,100533.10048fl,400

1,148,!«03^3,000

1,056,0004lit,a00

485,900441,S00 8,5«:.

.800 419,500851,00011.1,000

*i,aio9.400

361.l>0i)

61,800881,8110

869,00)608,30079,900

1011, ICO

8i,9;o195,100145,60)19.300

i:!o,oao

103,80088,400

991,00076.500163)0TI.400;5,!>00

2^<,0009i.9d040,800ll.rOO

91,0006l<l,«)0

198,MO35,4001,100

88,000as. 1(0

1.000

404,700186,000249.0UO]8i.90O861,3X140.400318,800

1,378,0110

1,100.4006sa,90j481, 10045S.XI0

277,400477,500«B,40'J197,00)S'81, «)411,«iX)

1,496.00)838.4)0881,1100

414,800154,800411,000S80,IXMTSa.euu166,00)5B,1I0

NetDepoalU.

7,769,7004,165,6006,S87,allO

5,198.7008,»«,500S,7«7,'ia0

8,178,0005,031,9008,0«6,60J1,888.M0

I0.>"86,400

8,4 5,8(10

1999,900966,000

1,041,000810,901

8,159,40078l,.00

1.493,900

8,350,00011,804.600i.i.7;.;o)

8.0S33M)1,915,8001,IISS,600

8,9«'<,6(IO

1,05,500lAll,60a4,487,0(01,881,400

Clreola-Uon.t

44,0007jaa

80.600170,000116,900

1,100»),oao

798)900

661.800414.800865,000iy7,oou

8,700t7a,4ao89,70045.000IMOOO

1.790,8008M,«M179,400

490^066

6,400

444)70084,800

9,tM.U)0 8,884,0001,668.800 817.8001,786,000l.'SS.I00A3S,tOO

8,6«,.')00

1,1168,400

3,074.6001,14\S0O8,387,000

5,170.300 17,189,100

.996,300 18,40t.»U18^•«><».4O0166,900OI.SOOin.no

601,70047I>,5Q0

7««,:oo546,100

1.900M6JI»497.900OIT.IOO

4.700

771.900

934)0001,104,900988.800

•3)100

448!w) 8,3i«)»5 !0,5»!wu l,Otl)MJ

146,000 l,3.'8.00a 6,148,000 I,4i«k00>

vA.om18l,3()0 tOI.JOU,887,-.00 1.91»,1t«

36S.600 1.710,700

85.00))

<,SOU

800)800

817,000184,700808,800

8.091,000<J81,tOU•.ooun•,opa.iv>88a.M)0806,000

I.I8I.O0OI.8B6.I00

46,«C0n».40O

taoLOoo

Total 63,111.000 «6,98i,lO0 19,517.800 40.789,IW 108,141.000 a.m^m

428 THE (CHRONICLE. rvoL xxvu.

GENERAL QUOTATIONS OF STOCKS AND J50NDS.Quotations in New York represent the per cent value, wUivtover the par mny bo; other nuotutions are freriuonlly mafle per share.

The following abbreviations are often used, viz.: "M.,"for mortgage; " g.," for gold ;" g'd," for guaranteed ; "end.," for endorsed; "cons.,

for consolidated ; " conv.," for convertible ;" s. f.," for sinking fund ;

" 1. g.." for land grant.

Quotations in New York are to Thursday ; from otiier cities, to late mail dates.

Sabscrlbera -will conrer a favor by giving notice of any error discovered In these (tnotatlons.

United States Bonds.

UNITED STATES BONDS.68, 1881 reg-.J & J6s, 1881 coup. .J & JCalled Bonds reg

do coup6b, 5-20s, 180,5, new reg. J & J6s, .'5-208, ISO.'i, new... coup.. J & J6s, 5-20S, 1H()7 reg. .J & J68,5-208,1807 coup. .J & J6s, 5-208, 1808 reg. .J & J6s, 5-208, 1868 coup. .J & J58,10-408 reg..M& 858,10-408 coup . .M& S5s, funded, 1881 reg.. Q—

F

5b, funded, 1881 coup.. Q "4ias,18i)l reg "

4>28, 1891 coup48, 1907 reg4s, 1907 coup4s, small coup6s, Currency, 1895-'99..rcg..J & J

Bid. Ask.

107% 107'8107% 107 's

FQ-MQ-M

102%102%lOSifil

1053b|1071a108105%105%1041810538103»4103%997e99'8100119=8

103103105=8105i<j

106106104%105 H;103%10314100100100 141197,

STATE SECURITIES.Alabama—58 and 8s, fundable.. Yar.

88, Mont. &Euf8s, Ala. <fe Chat8s of 1892-93 J & J28 of 1906, funded "A" J & J58 of 1906, funded, ER. " B".Class "C"

Arkansas—6s, funded, 1899 ..J & J78, L. K. & Ft. 8. issue, 1900 .A & O7s, Memphis & L. K., 1899..A & O7b, L. E. P: B. & N. O., 1900..A & O7s,MiB8.0. & R. Riv.,1900..A & O

' 7s, Ark. Central RR., 1900.A &. O78, Levee of 1872

Califomia^Os, 1874Connecticut—Ss

6s, 1883-4Delaware—Cs J&J*Florida—Con8(tI. gold Os J & JOeorgiar-Oa, 1879-80-80 P & A

7s, new bonds, 1886 J & J7s, endorsed, 188678, gold bonds, 1890 Q—

J

88,T'6, '86 AiOIllinois—Gs, coupon, 1879 J «& JWar loan, 1880 J & J

Kansas—7s, '76 to '99 J&JlKentucky—CsLouisiana—Old bonds,fundable.Var.

88, non-fundable VarNew consol. 78, 1914 J & J

Maine—Bounty, Os, 1880 F&AWar debts assumed, 6s,'89.A& OtWar loan, 68, 1883 M&S

Uaryland—Os, defence, 1893.. J&Jt6s, exempt, 1887 J&Jt6s, Hospital, 1882-87 J&J t

6s, 1890 Q—

J

5s, 1880-'90 Q—

J

Massachusetts—5b, 1880, gold.J&J I

58, gold, 1 883 J<kJ58, gold, 1 894 Var. t

58, g., sterling, 1891 J&J t

do do 1894 M&N;do do 1888 A&O:

Michigan—68,1878-79 J & J6s, 1883 J A J78, 1890 M& N

Minnesota— 78, KR. repudiatedMissouri—6s, 1878 J & JFimdiug bonds. 1894-95 J & JLong bonds, '89-90 J&JAsylum or University, 1892. J & JPannibal&St. Jo.,1886....J & J

do do 1887....JifeJN. Hampshire—08,1892-1905- -J&J I

War loan, 6«, 1884 M&SNew Jersey—6a, 1897-1902.. . .J&J*

68, exempt, 1877-1896 J&J -

Sew York—68, gold, reg., 1887 J & J68, gold, coup., 1887 J & J6s, gold, 1883 J & J6s, gold, 1891 J & J68, gold, 1892 A&O6s, gold, 1893 J & J

». CaroUna—68, old, 1886-'98..J&J68, old A&O6«, N C. RK., 1883-5 J&J6s, do A&O6s, do coup. off. J & J68, do cbup. off. A&O68, Funding act of 1860, 1900 J&J68, do 1808,1898A&O6s, new bonds, 1892-8 J&J68, do A&O6s, special tax, class 1,1898-9A&068, do class 2 A&O68. do cla883 A&O

©hlo—6s,1881 J & J68,1880 J & J

Pennsylvania-58, gold, '77-8.F&A*58, cur., reg., 1877-'82 F&A*58, BOW, reg., 1892-1902.... F&A.68. 10-15, reg., 1877-'82 F&A6s, 15-25, reg., 1882-'92 F&A

Rhode iKlaud—Os, 1882 M&St68,1893-'l, coup F&At

South Caroliujv—08 J & J68 A&O68, funding act, 1866 J & J68, Land C, '89 J & Jea.Uuia C.,1889 A&O

4213

2043704621433334

g.l05

107

75100108108 >4

108

447348

1010106

10081lom109109

102101IOOI2102505073%102%11210610811110810699101%104llOifl1051061021021041s11225101%107106104103%103%II214106106106

113113

74103II2I2107IO8I3113109108100102IO4I8111107108J04

12512512516167474545499992lifllij

104110100100111104 14109%10410728

South Carolina-(Centinucd)—78 of 1888Os, non-fundable bonds .Var.68, consols. 1893 J & J

Tennessee—t!-s, old, 1890-93 ..J & J68, new Ixmds, 1892-1900... J & J6s, new seiics, 1914 J & J

Texas—6s, 1892 M &St78, gold, 1892-1910 Mi&St78, gold, 1904 J &Jt10s, pension, 1894 J &Jt

Vermont—0.S, 1878 J &DVirginia—Os, old, 188e-'95....J & JOs, new bonds, 1880-1895...J & J6s, consol., 1905 J & J6s, do ex-coup., 1905...J & J6s, consol., 2d series J & JOs, deferred bonds

State Becpritiks. Bid.

30114

00

29"

10211211310110022247052296

21270343231104113115102IOOI4

35102108

105

112%108

171a17

111010

CITV SECURITIES.Albany, N. Y.—6s, long Various7s Various

Allegheny, Pa.—4s .!&

J

68, 1876-'90 J&JWharf 7s, 1880 J&J*Allegheny Co., 5s J&J*

Atlanta, Qa.-7sDo. 88Waterworks

Augusta, Me.—6s, 1887, mun..F&AIAugusta, Ga—7s VariousAustin, Texas—10sBaltimore—Os, City Hall, 1884 Q—

J

68, Pitts. & Con'v.RR.,1880.. J&J6s, consol., 1890 Q—

J

68, Bait. & O. loan, 1890 Q—

J

68, Park, 1890 Q-M68, bounty, 1893 M&S6s, do exempt, 1893...M&S5s, funding, 1894 J&JOs, 1900 J&J08, West. Md. RR., 1902 ....J&J58, consol, 1885 Q—

J

68, Valley RR., 1880 A&O58, new 1916

Bangor. Me.—68, RR.,1890-'94.Var.16s, water, 1905 J&JI68, E.& N.A. Railroad, 1894-.J&Ji6s. B. & Piscataquis RR..'99.A&Ot

Bath, Me.—6s, railroiwl aid Varf5s, 1897, municipal

Belfast, Me.—Os, railroad aid, '98Bo8ton,Ma«s.—08,cur,long,1905Vart68, currency, short, 1880 Var.l58, gold, 1905 Var.tSterling, 5s, gold, 1893 A&Odo 5s,gold,1899 J&J:do 5s, gold, 1902 A&O:

Brooklyn, N.Y.—78, '77-80.. ..J & J7s, lSsi-95 J & J7s, Park, 1915-24 J & J78, Water, 1903 J & J7s, Bridge, 1915 J & J6s, Water, 1902-5 J &JOs. Park, 1900-1924 J & JKings Co. 78, 1882-'89 M&N

do 08, 1879-'80 M&NBuffalo. N, Y.—7s, 1876-'80....Var.

7s, 1880-'95 Var.7s, w.afor, long Var.68, Park, 1920 M&S

Cambridge, Mass.—Ss, 1889...A&OtOs, 1891-90, water loan J&JI

Camden Co., N, J.—Os, coup *

Camden City, N. J.—6s, coup *

7s, reg. and coup *

Charleston, S.C—Os, st'k,'76-98..Q-J7s, tire loan bonds, 1890....J & J7s, non-tax bonds

Chelsea, Mass.—6s, '97,water l.F&AtChicago, 111.—68, long dates J&J f

7e, sewerage, 1892-'95 J&Jt7s, water, 1890-'95 J&Jt7s, river impr., 1890-'95 J&Jt7s, l890-'95 J&JiCook Co. 78, 1880 M&N t

3I3

3

104

284040

IIII4106110100

103106

Ask. City Securities.

357

100

10089961039610397100

108109109%109% lOO'e1091-i 111110 115112 116103 104

1059193106101104100102

110111lOO'

11011299108103IO2121001-2102 12IO2I3102%9910011510214111103103103101105118118118108100105102100103109100102li:!ia10510511040

do 78, 1392 M&N 100

..J & J

Lake View Water Loan 7sLincoln Park 7sSouth Pai-k 7s, 1876-'79West Park 7s, 1890

Cincinnati, O —68, long Var. t

6s, short Var.t7-308 Var.tilOO78 Var.t, 104Southern RR. 7-30s, 1902...J&J tlioi

110100100108106100101

1009OI39012959698

do 7-308, new t

do Os, g.,1900..MAjNHamilton Co., O., 6s

do 7s, short I

do long 78 &7-30S t

Cleveland, O.—Os. long Various.30-year 5s6s, short Various

-

'7s, long V.arious i

7s, short Various t

Special 7s, 1879-'89 Yearly I

Columbia, S.C—Os. bondsColumbus, Ga.—7s, Various Var.Covington. Ky.—7.303 '

t

8a t

Dallas, Texas-8s, 190410s, 1833-90

Da.rton. O.—8s I

Detroit, Mich.—73, long Var.l7s, water, long Var.l

100188951001041021299100108104103 134002

102

82 lo

95106106109

111II2I2102110104103107103103103100101116102%nils1051051051041131211211211091a109109107104110111103IO2I2114

117527283

IIOI4toilsIO6I2109lOOiaIOOI2:102lOOifi

99999797

1081051041alOOia90

102103104100loo's1091071006067

102 H>

85100

Dist. Columbia—Consol. 3-Oos, 1924, coup. ...F&A

do regPenn. imp. Os, guar., 1891.. ..J&JPerm. imp. 7s, ISill J&J

1Washington—10-year Os, '78. .Var.Fund, loan (Coiig.) Os, g.,"92 Var.Fund. loan(Leg.)08,g., 1902 Var.

East Saginaw, Mich.—BsKlizalieth, N. J.—7s, short

s, funded, 1880-190.'i Var.s, consol., 1885-98 A&O8, 1905

Fall River, Mass.—Oe, 1904.. .F& At5s, 1 894, gold F&A t

Fltclilmrg, Mass.—Gs. '91,W.L.. J&JtFredrrickslmrg, Va.—78 M&NGalvc-^tuu, Tex.—lOs, '80-'95 ..Var,Galvest'n County.lOs. 1901.J & J

Georgetown, D.C.—See Dist. of Col.Harrlsburg, Pa.—Os, coupon. - Var.*Hartford, Ct.—City Os, various f

Capitol, untax, Os f

Hartford Town bonds, Os. untax..!Haverhill, Mass.—Os, '85-39 . . A&OtHouston, Tex.-10sGs, funded

IndianapoU8,Iud.—7-30s,'93-99.J&JJcr,sey City—

Os, water, long, 189578, do 1899-1902 J&J78, sewerage, 1373-'79 J & J78, assessment. '78-79.J & J-M& N78, improvement, 1891-'y4 Var.78, Bergen, long J & JHudson Coimty, Os A&O

do 7.S.M&S audJ&DBa.vonno City, 7s, long J&J

Lawrence, Mass.—Os, 1394. . .A& O

I

Ixnig Island Cit.v, N. Y t

Louisville, Ky.—7s, l(«ig dates. Var.t7s, short dates Var.Os, long Var. t

6s, short Var. t

Lowell, Mass.—6a, 1894 M&NtLynchburg, Va.—6s J & J8s J & J

Lynn, Mass.—Os, 1887 F&AtWat«r loan, 1894-90 J&J5s, 1882 M&Nt

Macon, Ga.—78Manchester, N. H.—5s, 1882-'85.. . t

6s, 1894Memphis, Tenu.—68, old, C...J & J6s, new, A & B J & JGs, gold, fund., 1900 M&NGs, end.,M. & C. RROs, consols J&J

Milwaukee, Wis.—58, 1891. ...J & D'/ 8, 1896-1901 Var.7a, water, 1902 J & J

Mobile, Ala.—8s J & J58 J & JGs, funded M&N

Montgomery, Ala.—New 3s ..J&JNashville, Tenn.—6s, old

Os, newNewark—08, long Var.

7s, long Var.7s, water, long Var. t

New Bedford, Mass.—Os, 1893.... t

N. Brunswick, N. J.—78 t

Newburyport, Mass.—6s, 1390 t

N. Haven, Ct.—Town, Os, Air Line...Town, 6s, war loando 6s, Town Hall

City, 7s. seweragedo 08,City Hall

New Orleans, La.— Premium bondsConsolidated Os, 1892 Var,Railroad Issues, 6s, '75 & '94. .Var.Wharf impr., 7-30s, 1880.. ..J &D

New Y'ork City—Gs, water stock, 1880 Q—Ft6s, do 1879 Q—Ft 1005s, do 1890 Q—PI 101%6s, do 1883-90 Q—F 104Os, aqueduct stock, '84-1911..Q—K 1047s, pipes and mains, 1900..M&N 1156s, reservoir bonds, 1907-'11-Q—F 1005s, Cent. Park bonds, 1898. ..Q-F 101Os, do 1895...Q—F 1007s, dock bonds, 1901 M & N 110Os, do 1905 M&N 10778, market stock, 1891-97. .M&N 1106s, improvem't stock, 1S89.M & N 1047s, do 1879-110. M A N 101Os, gold, cons, bond,-*, 1901 ..M&N:? 1126s, street Impr. stock, 1888 .M&N IO2I27s, do do '79-82.M&N 10468, gold, new consol., 1896 1077s, Westchester Co., 1891 106

Newton—6s, 1905 J&J 112%58, 1905 J&J

Norfolk,Va.—0s,reg.8tk,'78-85..J&J8s, coup., 1890-93 Var.8s, water, 1901 .M&N

Norwich, Ct.—Ss, 1907 A&OtOrange, N. J.—7s t

Oswego, N. Y.—7a I

Paterson, N. J.—7s, long VarPetersburg, Va.—Os J&J8b J&.I8s, special tax

Phllacfelphia, Pa.—Ss, reg J&J*6s, old, reg J&J6s, new, reg J&J

17105

101107%100100100105102108100IIOI4951011009797IIOI495no107110%10100101no303030305.5

96104%108

20

102108%101101107106103109101110%too ,

103100%9999110%97

30

8080103108112111%10:

109%100103100112101303432

106100100lis

108110%10270102llO'l4040

65100

202035

9090

111115112

. 104%no108105103115104323735

103103102%106107113107103107118,109'117105114113105107109107113

102%il0394 ^

109112%102%104100%10003

)18

ids"

101%108

106

108116

* Price nominal ; no late trausactions. t Purchaser aUo paya accrued intereat. ; In Londoi].

OCTOnitRSS, 1878.J THE (JHRONIOLE. 429

(JKNKIIAL QUOTATION'S OF STOCKS AND BONDS—CojrrrNUBD.Par lCxpl«»a«louB tt»« Wot«» at H«ad of VInil Paca ar QnotalloBa.

Crrr Skohhitibs.

I'lttnlmiit. •ii.—>H, coup., 1013..ip.. i!n;i.".1 roup.. irti;i JA.I

' C.&cp.,'!tH'!)H ..A&Oi|i., ii'ir. 'Hrt-sil Viu-Oh, MuulKlpul. . . Var

luiil Vftrbntli, N. H.—0», 1S9:1, KU..

fc«>ep»le. N. Y.—7ii. wulcrrr.ivttlciicc. K.I.—5»,K..ll)00-.'i.Jife.I

111. IIKK) J & .1

....MA S tlOiJ

J&J 10....J * J

i;.>.li.st,.r.N.Y.—«8, '76-1902. Var.7». Wiil.T. 1003 J A J

Kofklaml. Mf.-n«. •SiMt«).RK.F4A

Bid.

Kii lini"ud, Va.—08

tfO

80lOy'fl•71)

1 107 "a

tlOlturntllOM)•l()l|:ii|tU

111 1 1 15107

Ask.

103

101>

10<l'.i

I 'al.—Clfy l)oii(l», 08Co. boiirts, 081)8, lonjr A&0|

tio;K.lOO0202

...J&.II Hi-ii—78. «.,City A Co . . Var.ill, Ua.—78, old Var.

•«• Var.

»t. Jo.ii'lili, Mo.—7a Var.Bri.K'o 10s. 1S91 J A J

't. LoiiM.Mo.—08cur.,Jon){bil8.VBr.lis. ."hort Var.Wati r 6s, jSoM. 1887-00.. .J A Dil 101 ij

ilo do (iiinv), 1802.AAOBrlilirn npprnacli. OaRenewal, fiolil, 0.s Var,SinviT, U.S. Kold. lSt»l-'03....Vur.St. 1,. f:o.—Park, C». c..l»05.A A OCiirroiicy, 7s. lS>i7-'SS Var.!'• .i.Miiiii.— 08, •8S-'U0..J AD

"l-!»(> MAN--!)U(i Var.

'ii>, Mass.—58, 1895..AAO~^.i JAJ-<S4 AAOId, Mass.—68, 1903. .AAO '112If AAO, 1120i.Cal.—8» K.90>.—7-308, KR.,1900.M AN 197~r-S9 Var.!.'r. 1893 A'91 Var.

•YikMiiii-ton. D.C.— S«; I)i«t. of Col.WUmiuKtoii. N.C.—6s, gold, cou. on

88. eitld, eon. onWim-e.iiter, Mjuss.—«ia. 1892...AAOY»iiker.<, N. Y.—Water, 1 903

U02noo

10310487 13100103tl021105t lOOig

lOilOJ

RXII.ROAn BOKM. Bid. Ask

tll2'4110

158

201119590:9510787204480

U07'tlOS'a

•Jil

.'A

Cm1;.- .

:24:814;25;9;4

KAILKOAB BO.\DS.'Ala.Ci'nt.—l.itM.. 8s. g.. 1901. .JA.IAla.A rimtt.— lat, 88,K.,K'd.'99.JAJ

1 Ivor's eiirta. (viir. Noa.)>iia(|.— 1st M., 78, •88..,IAJ.riKa.i,'o, 7h, 1885 AAOM iii.irtKa.w, 78, 1881 MAN

Consol. inort.,78, 1906 AAOI

Aflepth. Val.—G<'n. M., 73-108. .JAJEii.1t. pxtcn. M.. 7s, 1910.. ..AAOIni^ini'. 7s, f nd., 1894 AAO

.VtoiriK\:Plke8P.— lat,6a,>,'.'95MANAtcU'n & Neh.—lst.7a, 1907.. MASAtoh.Top.AS.F.—l8t,7s,K.,'99.JAJLand pi-.iut, 78. jt., 1902 AAOCoii-.il, mort., 78, g., 1903...AAO|H03S8I.:iii I iiicoiuo, 89 JAJ t

Ailaiitir AGt. Wesitcrnlit iiHirt., 78, gold, 1902 JAJ-d mort., 78, g., 1902 MAS"1 mort.. 7s, ,^^, 1902 MAN1st luortRage trustees' cortiflc's

do do dodo do do

niiirt. BUcliotrccrts.,78, 1892rLMiiization, 7sMil L. rental, 7s. g., 1902.JAJdo do 76. g., 1903.JAJ

West. ext. certifs, S.f, 1876.JAJdo do 7a, guar. Erie

Allanli.' A Gnlf—Cons. 78, '97.JAJc.itis.il. M., 7s, end.Savl--t iiii>rtKiii;e, 73 JAJ^ ' i

1 .V- Kill., 1st M. 78, 1899. MAN\' >I. ..,t()lii„._Ciin.s.,g.l901.AAO

I iiii!. i«>!iillu)ldi'.i-3 certs..\tl.A.St. Law.—St'x 2d, 6a ,g.AAOjBald Eii'.'le Val.— 1st M.,6s,'81.JAJlialtiiiK.re A Ohio—Os. 1880. ..JAJ

-'• AAO:,5k, 1927 JAD,', 6a, 1895 M<fe8

-li;riiiiK mort., 68, g., 1902. .MASido Os, g., 1910. MANi

lit. A Pot'c-Ist, (5s. g., 1911.JAJl8t, tunnel. 6s, g., g'd. 191 1 .AAO

BeUev.A .8. 1 ll.-lst, 8.F.Ss.'96.AAOTIi-lrtdereDel.- l.st.(k),e.,1902.JAD

-'1 moi-t., 6a, 1885 MAS\ niiirt.,6a, l>iS7 FA.\Miin ,t Albany—7a, 1892-5.FAA

'"' JAJit.A F.—Ist M., 6s,'84.JAJ i*t 85

' ,7s. l889-t)0 JAJl'»85, N. Bwlford KK., 7s, 1894. ...JAJi't 99JBost Cone.A .Mou.—8. F.. 68,'89.JAJ I

• t90J

Consol. molt., 7s. 1893 AAO|ll04'Boat. Hart.A E.— lat, 78, 1900.JAJ Bo'sL l8t mort.. 78. guar JAJJBoston A I^.well—New 78, '92. AAO 11 13iaI;

do tia. 1M79 AAOl* 101,New 6s. is;i6 JAJ nojhi

t42tl5;23t2390

"98"

100t29|29

;102

'i'oiiia

•105 "a

:87J 106106107:85:88

^Boston A .Maine—78. 1893-94. JAJ308t. AN. Y. AirL.— Ist 7sfim. A I'rovideuee-78, 1893.JAJBuJ Brad.A P.—Oen. M.7s.'96.JAJ;Biiff.x.Y,A Krie-lat. 7a. 1916..IAD«Buff.N.Y.APIlll.-l8t.0a,g..'9ti.JAJJBur. C. n.A N.—lst.5s,ncw,'06.JADjBur. A Mo. R.-fVd M., 7s. 03.AAO

Conv. 8a. 189 1 aeries.

tllOVi1021110•47>a108 Hi

111.JAJ (114

Bnr.4Mo.(Nel>.)-lgtM.,!)s, OIJAJHa, conv, 1H83 JAJConsul, mint., 6a, exemptKepnl). Tiilley, lat. 6a. 1918.JAJ

Biir.ASontliw.— lat M..8s.'9.1.MAN<'alroA8t.L.— l8tM.,78, 1901.AAOCiiiroA Vine.—l8t, 7a, g., 1909.AAOCulifor. Pae.— l8t M.,7a, g.,'89 JAJ2d M.. Os, g.,end (,'. Pae.. 'H'.I.JAJ3d .M. (guar. C. P.), 6a, 1905 JAJdo do 3a, 1905.JAJ

Camden A Atl.— 1st, 78, g.,'93..JAJ117>2J 2d mint., 78, 1879 AAO100 104 ram.AHur.Co.—latM.,0s.'97.FAA111 113 Canada So.— lat M..guar.,lit08.JAJt98^:100 CaiH'Cod-7a, 1881 FAAg.28 30 1

CaroUnaCent.—lat,6s.g.,1923.JAJK ,

Carthage A Burl.—1st. 8a. '79.MA.Nl!ll>a|H2 Catawl.i.sa— lat M.,7a, 1882. .FAA

103 New mort., 7a, 1900 FAA'Cedar F. AMIn.—Ist, 7s, 1907.JAJ

65 Cedar K. A Mo.— lat. 7a, '91. ..FAA H63 1st mort., 7a, 1916 MAN45 Cent, of Ga.— 1st, cons., 7s, •93.JAJ00 Cent, of Iowa- lat M., 7s, g

C<nit. of N.J.—lat M., 78, '90..FAA101 78, eonv. 1903 MANlOj"? do us.sented

104i3!10.'i'a Conaol. M., 78, 1899 CJ—

J

101 105 do assented103's!l04ia Am. Dock A Imp. Co., 78,'86 JAJ'OS's 10412 do iv8.Hei)ted

104 L.AW.Coal, eon8.,7a,g'd,1900Ci-M105 do aa.sentcd90 Cent. Ohio— 1st M., Os, 1890.. MAS103 Central Paeitie (Cal.)—

Ist mort.. 6s, KoUl, 1S9.5-93..JAJ102%!' State Aid, 7a, g., 1884 JAJlOtl S. Joaquin. 1st M.,6s.g.l900..A&0107 Cal. A Oregon, l8t,68;g.,'8.8.JAJ »0112% Cal.AOr. C.P.bond8,6.s,g..'92JAJ t91121 Land grant M., Os, g., 1890.AAO95 West. Paeif., Ist, Oa, g., '99. .JAJ100 Charl'te Col.AA.—Coiia.,78,'95.JAJ

I 2d mort., 7a, 1910 JAJ109 Cheraw A Darl.—1st M..8s,'88.AAO

I 2d mort., 78dies. A Ohio—Ist M., 68, gold, old!

do excoup112% 2dmort..6s

Va. Cent., lat M., 68, 1880. . .JAJdo 3d M., 6.S, 1S84...JA.Ido 4th M., 8.S, 1876 ..JAJ

50 ChesUtre—6s, 1896 Jcfe.1

9 68,1880 1A.160 Chester Val.—lat M., 7s. 1872.MAN

ll'iig Chio. A Alton—Ist .M., 78, '93. .JAJ98»« Sterling mort., 6s, g., 1903..JAJ

Income, 7s. 1883 AAO97 Bda. Kiui. C. llno.tis.g., 1903.MAN108 Chic. B. A Q.—Ist, S.F.,88, '83 JAJ02 do 7s, 1896 JAJ24 Consol. mort., 78, 1903 JAJ48 Bouda, 58, 1895 JAD

58,1901 AAO108 Chic. A Can. So.—lat, 78, 1902 AAO106 Chlo. A East. III., Ist mort. 68.103<!8 do Ineome M., 78. 1907107 Chic. A Iowa—1st M., 88. 1901.JAJ

Chlo. I'a A Neh.—1st M.. 7a,'88.JAJ26 Chjc.A Mieh.L.Sh.—lat.88,'89.MAS t

.

10 latinort., Ss, 1890-'92 Var.6 Chie.Md.ASt.Paul-

27 P. D. lat mort., 8a, 1898. ..FAA11 P. D., 2d M., 7 .3-108. 1898. .FAA6 St. P. AChie., 78, g., 1902 FAJ

Mil.ASt. P., 'id M.,7a, 1884.AAOLa. C, IstM., 78. 1893 JAJ

45 I. A M., 1st M., 7s, 1897 JAJ18 I'a. A Dak., Ist M., 7s, 1899 JAJ28 Hast. ADak., l8tM.,7a. 1902.JAJ28 Chic. A Mil., lat M.,7a, 1903.JAJ92 1st mort., eonaiil.. 78, 1905..JAJ40 Ist M., I. A D. Kxt., 78, 1908JAJ101 Clilcjigo A Northwest-102 Sinking fund, IstM., 78. '85 FAA31 Interest mort., 7s, 1883 . . . .MAN31 Consol. mort., 78, 1915 Q—

F

103 Exton. mort., 78. 1885 FAAist mort., 7a, 1885 FAA

105 Consol., gold, 7s, op., 1902. .JAD108 do do reg89 Iowa Mid., Ist M., 8s, 1900.AAO108 Oal.'A Chle. ext., 1st, 78,'82.PAA108 Peninsula, Ist, conv.,78,'98.MA8100 , Chle. A Mil., Ist M., 7a, '98. .JAJ87 Mildison ext., 78, g., 1911. ..AAO90 Menominee ext., 7a, g., 1911.JAD91>s Northw. Un.,l8t,78,g.. 1915.,MA8107 Chic. A Pad.—1st M., 7s, 1903 JAJ102 Chic. Pek.A 8.W.—1st. 88,1901.FAA97 Ch'c.R.I.APac—S.F..in.,63,'95FAA119

I6s, 1917, coup JA.I

108121

68. 1917, reg JAJ90 Chii^ngo at. L. A N. O., 2d M., 6s, }

90 (*tO,000 red. an. by 111. C. 1907100 Ch.St.P.A M'polis.l8t,68.g.'18.MAN93 Land M., inc., lis, g., 1918..MAN104'4 Chic.AS.W.—l.at,78,guar..'90.MAN30% Cin. A Iiidiamv— Ist .M.. 78, '92.JAD32 2d mort.. 78. 1882-87 JAJ114 Cln.ASp.-78, C.C.C.A 1. 1901.AAOlOm do guar., L.S.A.M.rt., 1901AAO104 CIn.Laf.iCh.— lat. 78.g.. 1901.MA8117 ;Cin. Ham.A D.— Ist M., 78,'80..MAN103>s 2d mort.. 7s, 1885 JAJ117 I Consol. mort., 7a. 1905 AAO55 I Cin. H. A I.. 1st M., 78, 1903.JAJ110 llCin.Rich. ACUic.— Ist, 78, '95.JAJ

I

Cin. Rich. A F.W.— 1st. 78. g...JAD701* Cin. Sand'ky A CI.—68, 1900..FAAlllW 78. 1887 extondod MAS120 II Consol. mort.. 7s. 1890 JAD

Raii.koau noWM.IBM. Aak.

I»r. fvii. C. A r — l«t. 7s. •»» MAM 110% 111%Conmil. nior- - f- I---' 87<i. ..

"l

11010310173'h

103 <j

33lOlHl

CoiBi'llef. A I

<1ev.AM. V;.;M. F. 2d hiiiri .. , «. i *^ , i,

(•lev. A Pllts.--lthM.,aa, 189-.'

Consol. 8. K., 7s. imio .. '

Clov.Mt.V.ADol.- t • - -1 i.v.i

Colniiiliiia ext., 7 1

<'<iloradoCeiit.— Is:. .SMI)Col.Chli-.A Ind.Cent

113%

10610095

111819tl08l,

1st mort., 7», 1908 AAO2d mort., 7s, 1800 FAAChle. A <Jt. East., 1st. 7s,'03-'ft5Col.A Ind. <;.. 1st M.,7s, 1<.hM.JAJ

do 2d M.. 7s, 190I..MANUn.A I/>ganap.,lnt,7a, llN)5.AAOT. I/ogansp. A B.. 7s. 1884 .FAACin. A Clilc. A. L., 18S6'90

KHih Ind. Cent., -ill .M., lOa, IM82 JAJ »9Col.A lloek.V.—IstM., 7s.'97.AAO I10:i>fIstM., 7s, 1880 JAJ »»9•2dM.. 7s. 181>2 JAJ 190

Col. A Tolejlo— 1st mort. bonds fOO<.'ol.Sprlngf.AC.—lst.78,llKU.MA8Col. A Xenia— Ist M.. 7a,1890.MA8Conn. A l'assunip.-M.,7s.'ll3.AAOMassiiwlppi. g., 6s, gold, '89 JAJ

Conn. Val.— lat M., 78, 1901. ..JAJ68I3 Conn. West.- 1st M., 7s, 1900.JAJ60

,Connecting (Philn.)—1st, Os ..MASCimiherl. Val.— 1 St M.,8s.l OOl.AAOjDaknta .Southern—7a. gold.'Kl.FAA t

panh'y A Norwalk—7b, '80-92. -JAJ|Dau. Ur. Rl. vV P.— 1st, 7s. g...AAOl)ayton A Mleh.— Ist M..78, '81.JAJ

•2d mort., 7.S, 1887 MA»3d mort., 78, 1888 AAO

Dayt. A West.- lat M.,6s, I905.JAJlat mort., 7a, 1905 JAjf

Delaware—Mort., 6s,giiar..'95.JAJ *104Del.A Bound B'k- lat, 7s.l!t05FAA 98Del. Laik.A \Y.—-M .M..78,'81..MA8 1034Convertible 7a, 1892 JAD 10:jMort. 7a, 1907 MA8 103

Denver Pae.— 1st M.,7s, g.,'99..MA N 34 "aDcn.ARloO.—lst,7a.g.,190O..MAN 82Des M. A Ft. D.— lat. Os, 1901.JAJ 1102Detroit A Bay C.—lat,8a.l902..MAN '36

Ist M.. Ss, end. M. (;.. 1902. MAN "180Det. L. ANorth.— lat.7a,1907.AA() tl02Dcfr. A.Milw.—1st M., 7s, '75.MAN ;452d mort., Ss, 1875 MANi :45Det.A Poutiae, 1st M., 78. '78.JA.I] 85

lOOifl _ do 3d M., 8a. 1886.FAAI 70

106

108 >4

IO6I3111

107i«11981%r98i811921a

106

B5

108

iaii*

Di.xon Peo.A II.— lat.8.s,"7l-89.JA.IDubiKiucA Sioux C— lat,78.'83.JAJ

1st miirt., 2dDiv., 1894 JAJ

MOU105106

U2<%

"55"

109<^ 109<^109%

82>s!

"ea

"is

101 >i06

46"

as'

Dunk.A.V.A P.—lst,7a,g..l900JAD 102East Penn.— 1st M.,7a. 1888.. MA.H I02iaE.Tonii. Va.A Oa.—Ist. 7a,1900.JAJ 100i«E. Tenn. A Ga., lat, 6s.'80.86.JAJ 90E.Tenn.A Va.,end.,68. 1886.MAN 90

Eastern. Mn.3s.—3'as. g.,1906. M.te* t70Sterling debs.. Oa. g., 1906. .MA.S 177

Elmlni& W'msiiort— Ist, 78,'80.JA.l 10358, periH'tnal .\A0 *55

Erie- (.See N. Y^. Lake E. A West.)Erie A Pittsb.— 1st M.. 78. '82.JAJ 99Cons, mort., 7a, 1898 JAJ 84

100 Equipment, 7a. 1890 AAOlOia Europ'n A N.Am.— lat. 6i. '89.JAJ

I B.augor A Pi.se. 6vfe78,'99...AAO1191s' Evauav. A Crawf.— lat, 7a, '87.JAJ 101105%' Evansv.T.H.AChi.- 1st. 78, g.MAN 48

FlintAPere.M.—lst.l.g.8.s,'88.MAN *84Con.s.S. F., 83, 190'2 MAN •

1081s! Flint A Hollv, lat, 10s, '88. .MAN 60Bay C.A E. Sag.- 1st, 10s„82.JAJ 90Holly W. A M.—Ist. 8s. I901.JAJ 60

Floreueo A El Dorado— lat, 7a 97Flushing A N. S.—Ist, 7. '89. .MAN•2rtmort.,78 MANCent. L.I., 1st. 7s, 1902 MAS *

Cent, exten., 7s. 1903 MANFt. W. Jack. AS.—Ist. 8s, '89..JJJ •

Ft.W. Mun.AC—lat. 7s, g..'89.AAO •

Fram'gham A Lowell—lat. 7a. 1891 130do (notes), Ss. 1883 5

Gal.Har.A 8.A.—l8t,6s,g.l910.FAA 82Qal.Hou3.AU.—lat,7a.g..l902.JAJ 72i«

Georgia—7s, 1876-96 JAJ 1086a 102

Gr.Riip. A Ind.— 1st, l.g., g'd. 7s, g. 93lat M.,7s. l.g.. gold.not guar.AAO 85Ex laud grant, Ist 78, '99 50

Greeny. A Col.—1st M., 7s, "guar."Bonds, giuir 33

Hack's'kAN.Y. E.—lst,7s,'90.MAN 7Haunlbal A Nap.—Ist. 7s. '88.MANHan. A St. Jo.- Conv. 8a. 1885.MAS 99Qulnev A Pal.. Ist.Sa. 1892.FAA 45K.ins. C. A Cam., Ist, 10a.'02.JAJ » 104

HarLA PortehesU-r— lat M,7s,.AAO 105Harrisb. P. Mt. J.A U—l8t. «s. .JAJ • 105Honsatonlc— 1st M.. 7s, 1893.F4A 10368,1889 JAJ 100

Hoiuton A Tex. C—1st. 7s, g., '91 . . 93West-Dlv., lst.78, g.. 1891..JAJ 89WtteoAN.W..l8t,7s,g.,l903.JAJ 84Cons. mort.. 8a. 1912 AAO 70

Hunt. A Br. Top-lat. 7s, '0O..AAO '1072d mort.. 7a, g.. 1893 KAA M03Cona. 3d M. 78, 1893 AAO 83

niiuoia Centraf—1st mort. Chle.ASpringf.'OS JAJ :103Sterling. 8. F.. .'.a. g.. l'.M>3..AAO ;»7Sterling, gen. M.,6s,g., 189.VAAO :106

do 5a, l!>05 JAD 198ru. Grand Tr.-lat M., 8», MJO.AAO lll%iInd'lis Bl. A W.-l St, 78, g.,'09.AAO 242d mort.. 8s. 1890 JAJ 3Extona'n Ist M.,7«.«.. 1912.JAJ 538

SO90

100

102

9370%82107

8778

105.53

9030

971485

7020847511010396 >4

87

9037

7099 >«

10711010810«1020387%87%72%111104%3t

lOS90108100112%35A7

'Price nominal; no late traosaotlons. I The porobaser also pujrs aoonied Interest. t In I^iuioo- V In Amsterdam.

430 THE (jhronicle;IVol. XXVII.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued.For Explanations See Notes at Head of First Page of ^notations.

Eailkoad Bonds.

(Ind'polis Cin.& L. -l8t, 78, '97.F&A3d mort,.,79, 1899 J&D

' Ind'apolls&Cm.,l8t,78,'88.A&0Ind'polis & St. L.—lst,78,1919.Var.

-, 2d mort., 7s, 1900 A&OInd'apoll8& Vln.—l8t, 78,1908.F&A2d mort., 68, g., guar., 1900.M&N

Intern! &Gt.No.—Int. l8t, 78.A&OH. & Qt. No., Ist, 78,p., witli certs.

, Conv. 8s, 1892 F&AIonia & Lcinslng—1st 8s, '89. . .J&J

. I'a Falls & SiouxC—1st, 7s,'99A&0Itbaca & Athens.—Istni., 78,g.J<feJJackson Lansing & Saginaw—l8t M., 8s,'85, "white l)onds"J&JNorth Exten., 88, 1890 M&NConsol. mort.. 88, 1891 M&8

Jamest.& Frankl.—Ist, 7s, '97.J&J2d mort., 78, 1894 J&D

Jefferson—Hawl'y Br. 78, '87..J&JIst mort., 7s. 1889 J&J

Jeff. Mad.& Ind.—1st, 7s,1906.A&O2d mort., 78, 1910 J&JInd'polis & Mad., Ist, 7s,'81.M&N

Joliet & Chic—l8t M., Ss, '82. .J&J' Joliet & N. Ind., 1st, 78 (guar. M.C.)Junction KE. (Phil.)—l8t,6s,'82 J&J2d mort., 6a, 1900 A&O

Kalamazoo A1.& Gr. K.- 1st, 8s.J&JKal.& Schoolcraft—1st, 83, '87.J&JKal.& Wh. Pigeon—Ist, 7s, '90. .J&JKans. C. St. Jo. & C. B.—l8tM.,C. B. &St. Jos.,7s,'80.J&J

, K.C.St.Jos.&C.B., M. 78,1907..T&Jdo Inc. bds,rg.,6s,1907.A&0

Kans.C. & S. Fe.—Ist, 10S.90.M&N. K.C.Topeka&W.—Ist M.,78,g.,.J&J

Income 78 A&OKansas Pacific-

, 1st mort., 68, gold, 1895 F&AWith coupon certificates

Ist mort., 6s, g., 1896 J&DWith coupon certiflcates

l8t mort., 1. gr., 7s, g..l899.M&NWith coupon certiflcates

^ Landlstmort., 7s, g.,1880..J&J^ Witli coupon certiflcates

Liand 2d mort., 7s. gWith coupon certiflcates

Leav. Branch, 78, 1896 M&NWith coupon certiflcates

Income hds. No. 1 1, 78, 1916.M&8do No. 16,7s, 1916.M&S

K60lmlc& Des M.—lst.78,1904.A&OFunded interest, 8s, 1884. . .A&O

Keolcuk & St. P.—1st, 88, '79. .A&OLa,t. B1.& Miss.—1st, 7s, g.,'91.F&ALaf.Miinc.&Bl.—lst,7s,g.l901F&ALake Shore & Mich. So.—M. So.& N.I., S.F.,lst, 7s,'8.5.M&NCleve. & Tol., 1st M.,78, '85..J&J

do 2d M., 7s, 1886.A&0CI. P. & Ash.. 2d M., 78, '80. .J&J

do 3dM.,7s, 1892.A&0Bufl.& E., now bds, M.,7s,'98.A&0Buff. & State L., 7s, 1882....J&JDct. Mon. & Tol.. Ist, 7s, 1906. .

.

Lake Sli. Div. bonds, 1899..A&OL.S.&M. S.,cou.s..cp.,lst,7s.J&Jdo con3.,rcg.,l.st,7a,1900.Q—

J

do cons., cp., 2d.7s, 1903..J&Ddo cons., reg.,2d, 78,1903.J&D

Lawrence-Ist mort., 7s,1895.F&ALeav. Law. & G.—1st, 10s, '99.J&JSouth. Kans., Ist M., Hs, 1892. .

Lehigh & Lack.— lat 3I.,7s, '97.F&ALehigh Val.—Ist M., Gs, 1898. .I&D2d mort., 78, 1910 M&SGen. M., s. (., 6». g., 1923....J&DDelano Ld Co. lids, end.,7s.'92J&J

Lewi.sb. & Spruce Cr.—Ist, 7s-M&NLittle Miami—iBt M., 6s,18S3.M&NL.Eock&Ft.S.—lst,l.gr.,7s'95..I&JLittle Schuylkill—1st, 7a, '77.A&OLong Island—1st M., 78, 1898.M&NNewtown & Fl., 7s, 1903 ...M&NN. Y. & Eoekaway, 78, 1901.A&OSmitht'n &Pt. Jett'., 78, 1901.M&S

Louis'a & Mo.B.—1st, 78, 1900F&ALou'v.C.& Lex.—lst,78,'97 J&J(«»x)2d mort, 7s, 1907. A&O

Louisville & Nashville—Consol. let mort., 7s, 1898..A&O2d mort., 78, g., 1883 M&NLoul8viUo loan, 6s, '86-'87..A&0Leb. Br. ext., 7s, '80-'8«Leb. Br. Louiiv. I'n, 68, '93. .A&OMera.& 0.,stl., M.,7s, g.,1901J&DM.&CIarksv.,8t'g,68,g.,1902 F&A

L. Paducah & S.W;—8s, 1890..M&SMacon & Aug.—2d, end.,7s,'79.J&JMaine Cent.—Mort. 78, 1898. ..J&JExten. bonds, 68, g., 1900.. .A&OCons. 78,1912 A&OAndroscog. & Ken., 6s, 1891.F&ALeeds & Farm'gt'n, 6s, 1901.J&JPortl'd & Ken., 1st, 6s, '83..A&O

do Cons. M., 68, '95.A&0Mansf. & Fr'ham.—Ist, 7s,'S9..J&JMarietta & Cinn.— 1st, 7s, '91.F&ASterling, 1st M., 7s, g., 1891.F&A2d mort., 7s, 1896 M&N3d mort., 8s, 1890 J&JScioto & Hock. Val., 1st, 7s..M&NBait. Short L., let, 7s, 1900..J&JCin. & Bait., l8t, 7s, 1900. ...J&J

Marietta P. & Clev.—Ist, 7s, g., '95Consol. 7s J&D

Marq'tte Ho. & O.—lst.8s,'92.F&AMar. & O., M., 8«, 1892 J&DHoughton & O., 1st, 8s. '91. ..J&J

Mass. Central—1st, 78, 1893. ...

Bid.

6048

95 9758 6414 2084 9065 706II2 63^261 62

20162 no199% 100

tlOlis 102HOI . 102192% 93

7583

tid6?i 10789J2 90100 1001210796 100

*102»10299 10186

100

197ifl 100186 8730 3535 45

fl07i2 10899 101

110102 104 ifl

110100 10286 9471 738078 82

3015

38 401514 1573 7680

H00J2 101* 50

50

llOifi 112llOifi 1111^

110103110 111110103108% 108%110 inII312lllHi105

105 14

33 37

111% 1121i3114 117101 lOlifi

106'" iboigM45 55*103101 103

* 8080

100 100 14il04% 105

IO4I2 10590 9198 99100 100 12981-2 99 12

;104 106t94 961fl6l296 100

1106 108f88 90(93 95

tioo 101f94 96

tioo 101tioo 10185 9580 8582% 8327 'Mh,12 1387 05

80 9045

•25 35*103'35*2o

Ask. Eailro.vd Bonds.

Memp. & Charl'n—Ist, 7s,'80.M&N2dmort., 78, 1885... J&J

Mem. &L. Eock—1st, 7sMich. Cen.—let M., 83, 1882..A&O

Con-sol., 7s, 1902 M&N1st M. Air Line, 8s, 1890. . . .J&J.1st do 88, guar M&NEquipment bonds, 8s, '83.. .A&OGd. Eiv. v., 1st Ss, guar.,'86.J&J

do 2dmort.,8s,1879.M&SKalamazoo&S.H.,lRt,8s,'90.M&N

Mich. L. Shore -let M., 8.s, '89.J&JMil. & North.—1st, 8s, 1901... J&DMinn. & St. L., let m., 1927...J&D

do guaranteedMiss. Cen.—1st M., 7s, '74-84.M&N2d mort., 88,1886 F&A

do Ex coupMiss.&Tenn.-1st M., 88, series "A"

do 88, 8eries"B"Mo. F. Scott & G.—let., 10s, '99.J&J2d mort., lOs. 1890 A&O

Mo. Kansas & Texas-let mort., 78, gold, 1904-6.. F&A1st, 6s, g., 1899. (U. P. S. Br.)J&J2d mort., income, 1911 A&OHan. & C. Mo., Ist 7s, g.,'90.M&N

do 2d, 1892.... M&NMissouri Pac—l8tM.,6s,g.,'88.F&A2d mort., 7s, 1891 J&JCar. B., Ist mort., 6s, g. '93..A&0Income, 7s M&SDepot mort. bonds, 1892. . . .M&N

Mob.&Ohio—l8t,6ter.8s,g. '83.M&NEx. certit., stcr., 6s, 1883.. M&NInterest 8s, 1883 M&N2d mort., 8s, var March

Montclair & G. L.—Ist 7s, (new) . .

.

2d mort., 7s (old mort Ists)Mont.&Euf.—lst,end.88,^..'86M&SMonticello&Pt.J.—l8t.7s,g.'90(5—

J

Morris &Ee8ex—1st, 7s, 1914.M&N2d mort, 7s, 1891 F&.\Con.struction, 7s, 1889 F&ABonds, 1900 J&JGeneral mort., 78, 1901 A&OConsol. mort., 78, 1915 J&D

Nash.Chat.&St.L.—lst,7s,1913 J&J1st, Tenn. & Pac, 63, 1917. . .J&J1st, McM. M. W.&A.,6s,1917.J&J

Nashv.&Decat'r.—l8t,78,1900.J&JNashua & Low.—6s, g., 1893.F&ANebraeka—let, 7e, end. B.& M. Neb.Newark & N. Y.—1st, 7s, 1887.J&JNow'kS'set&S.—Ist, 73, g.,'89.M&NN.Haven&Derby, 1st M., 78,'98.VarN. H. & N'th'ton—lstM.,7s,'99.J&JConv. 6e, 1882 A&O

N. J. Midl'd—Ist M., 78, g.,'95.F&A2d mort., 7s, 1881 F&A

N. J. Southern—1st M., 78, '89.M&NN'burgh&N.Y.—let M. 78.1888.J&JN. Lon.&North.—1st M.,68,'85.M&82d mort., 78, 1892 J&D

N.O.Jack.&Gt.N.—lstM.,8s'86.J&J2d mort., 8s. 1890, certifs ..A&O2d mort. debt A&O

N.O.Mob.&Chatt.—lst,8s,1915.J&JN.Y.Bost.&M'nt.-lst,78,g.,'S9P&AN.Y. & Can.-£ M.. 6s, g., 1904.M&NNew York Cent. & Hud.—Mort., 78, coup., 1903 J&JMort., 78, reg., 1903 J&JSubscription, 6s, 1883 M&NSterlingmort., 68, g., 1903...J&JN. Y.-C., preiniuni, 6s, 1883.M&N

do 6s, 1887 J&Ddo reale.et., 6s, 18S3..M&N

Ilud. E.. 2d M., 7s., 1835....J&DN. Y. Elevated.—1st M., 1906.J&JN.Y'.&Harlem-7s,eoup.,1900.M&N

7s, reg., 1900 M&NN. Y. Lake Erie & West. (Erie)—1st mort., 7a,1897,extendedM&N2d mort., 7s, 1879 M&S3d mort., 7e, 1883 M&S4th mort., 78, 1880 A&O5th mort., 78, 1888 J&DSterling, 6s, gold, 1875 M&S1st cons. M.. 7s, gold, 1920. M&S

do do ex certifsdo do etfs. 6 cps., 78.M&S

2dC(ms.M., 78, gold, 18»4do certiflcates, 78

Conv., 7s, gold, 1904do do certifloates

.

Long Dock mort., 78, 1893. .J&DN.Y.&Os.Mid.—1st M.,?3,g, '94.J&JBeceiver's certifs. (labor)

do do (other)N Y.Prov.&B'n—Gen.7s,1899.J&JNorf'k&Pctcrsb.—lstM.,8s,'77.J&J1st mort., 7s, 1877 J&J2d mort., 8s, 1893 J&J

North Carolina—M., 8s, 1878.M&NNorth Missouri—Ist M., 1895..J&JNorth Penn.—1st M., 6s, 1885.J&J2d mort., 7s, 1896 M&NGen. mort., 7s, 1903 J&J

Northeastern-1st M., 8s, '99..M&S2d mort., 8s, 1899 M&S

Northern Cen.—2d M., 6s, 1885.J&J3d mort., 6s. 1900 A&OCon. mort., 6s, g., coup., 1900.J&J68, g., reg., 1900 A&OMort. bonds., 58. 1926 J&JCon. mort, stg. 6s, g., 1904...J&J

Northern Cent'l Mich.—let, 7sNorthern. N.J.—l.st M.,63, '88.J&JNorw'h&Worc'r-let M.. 6s.'97.J&JOgd'nsb'g&L.Cb.—l8tM.6e,'98,J&J

S. F., 88,1890 M&S

Bid.

10175

109113%

199

8710010284

108808012

421148

103%98>2

63634515323

119

80

90100 139OI28699

1 10414102

Ask.

10380

II41310590

100

102

8611082

15

42%

IOI219212

104IOOI4

6560502040G

1201071a858699

ib'iis

89IOOI4IO412105

90 95

22I32

2260

255

28

108 1101019938

93

12012014

115I

10712'

96*32

II914119I04I2tll310610610412lioise87i£

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115%103105 lOoiaIO214107107100!80;91

SS^e'

;62-

;60llOij

52720

104 la

10095105104''e

il5"IO6I410288

10610193 12924083

92106tioo1 102 la

1091a1091028293

63

61111 la

3425

id(3"

ido'

110105

117"

1061a

Eailroad Bonds. Bid.

1071a10394945085

108IOOI4103

Ohio&Miee.—Cons. 8. F. 76, '98.J&JCons, mort., 78, '98 J&J2d mort., 7s, 1911 A&O

Oil Creek—1st M., 78, 1882. ..A&OOld Colony—68, 1897 F&A

68, 1895 ; J&D7s, 1895 M&S

Omaha&N.W.—let, 1. g., 7.3. g.J&JOmaha & S.W.—letM..88,1896.J&DOrange& Alex.—1st M.,6s,'73.M&N2d mort., 63, 1875 J&J3d mort., 89, 1873 M&N4th mort., 88, 1880 M&SOr. Alex.& M., 1st M., 7s. '82.J&J

Oregon & Cal. 1st M. 7s, 1890.A&OFrankfort Com. Eec'ts, x coup..

.

Osw.&Eome—let M., 7s, 1915.M&NOsw. & Syracuse—Ist, 7s, '80.M&NOtt. Osw. & FoxE.-M., 8s, '90.J&JPanama—Sterl'g M., 7e, g. '97.A&0Paris & Danville—Ist M., 79 .1903.Paris&Dec'fr—l3tM.,7s,g.,'92.J&JPekinL.&Dec.—l8tM.,7s,1900.F&APennsylvania—1st M., 6s, 'SO. .J&JGeneral mort, 6s, coup.,1910 Q—

J

do 6s, reg., 1910.A&0Cons, mort., 63, reg., 1905. .Q—M

do 6s, coup., 1905..J&DNavy Yard, 6s, reg., 1881 . . .J&J

Penn.&N.Y.—lst.7s,'96&1906.J&DPeoria Pekin & J.—let, 7e, '94.J&JPeoria&E'kl.—let,7s,g.,1000.F&APerlciomen—let M., 68, 1897. .A&O

C. M.,guar.,P.&.E.,0g..l913.J&DEx fd. cp8.,Dec.,'77,to J'e,'80,inc.Scrip ies. for f'd coup'ns,'77 to '80

Petersburg—1st M., 8s, '79-'98.J&J2d mort., 8s, 1902 J&J

Phil. & Erie—let M., 6s, 1881.A&02d mort., 78, 1888 J&J2d mort., guar., 68, g., 1920.J&J

Phila.& Eoading—1st M.,6s,'80J&JIst mort., 7s, 1893 A&ODebenture, 1893 J&JMort., 7e, coup., 1911 J&DGold mort., 6s, 1911 J&DImprovement mort., 69, 1897 .

New convertilile, 7s, 1893...J&JG. 3.f.,$&£,6s,g.,1908,xcp8.J&JScrip for 6 deferted ^ coupons .

.

Coal & I., guar. M., 7s, '92.. M&SPhil.Wil.&Balt.—69, '92-1900.A&OPitts.C.&St.L.—l8tM.,7s,1900.F&A2d mort, 7s, 1913 A&O

Pittsb.&Con'llsv.-lstM.78,'98.J&JSterling cons. M., 63, g., guar.J&J

Pitt8.Ft.W.&C.-lstM.,78,1912.J&J2d mort, 7s, 1912 J&J3d mort., 7s, 1912 A&OEquipment, 89, '84, all paid.M&S

Pitts. Titusv.& B.—New 7s,'96F&APort Hur.&L.M.—lst,7s,g.,'99 M&NPortl'nd&Ogb'g-lst6e,g.,1900J&JVt. div., Ist M., 6s, g.,1891..M&N

Portl.&Eoch.—letM.,7s,1887.A&0Pueblo & Ark. V.—1st, 7s, g., 1903.Quiucy&Wars'w-l8tM.,8e,'90.J&JEen.&S'toga—l.st7e,1921 eou.M&N1st 7s, 1921, reg

Eich'd&Dan.—C.M.,6s,'78-90.M&NGeneral mort., 69, goldPiedmont Br., 8s, 1888 A&O

Eloh. Fred. & Potomac—6s, 1875. .

.

Mint, 7s. 1881-90 J&JEich. & Petersb., 8s,'80-'86...A&ONew mort, 78, 1015 M&N

EomeWat'n&O.—S.F.,7s,1891.J&D2d mort, 7s, 1892 .T&JConsol. mort., 7s, 1904 A&O

Eutlaud—1st M., 89, 1902. ...M&NEiiuipraent, 8s, 1880 M&SEquipment, 7s, 1880 M&N

3ag.Val.& St.r^ouis—let M. 88,M&NSauduskyM.&N.-lst, 79,1902.J&JSavannah&Chas.—lstM.,78,'89J&JChas.&Sav., guar., '6s, 1877.M&S

Sliam.V.il.& P.—1st 7s. g.,1901.I&JShebovg'u& F-du-L.-l8t7s,'84J&DShore L., Conn.—Ist M.,7s.'80.M&SSiou.xC.&St.P.—l8tM.,8s,1901M&NSioux C. & Pac, 1st M., 6a, '98.J&JSo.&N.Ala.—1st,8s,g.,end.'90..J&JSterUng mort, 6s, g M&N

So. Carolina—1st M.,7s,'a2--88.J&J1st, .eterl. mort, 53,g.,'82-'88.J&JBds,7s,'02,2d M.,under 2100A&OBd8.,7s,non. mort..high Nos.A&O

South Side, L.T.—l8t7,1887...M&Sdo 8. F., 2d, 7s,1900.M&N

Sonth Side, Va.—1st, 89,'84-'»0.J&J2d mort., 68, 1 884-'90 J&J3dinort, 6s. 1886-'yO J&J

.So. Cen. (N.Y.)—Ist7s, 1899. .F&A2d mort. 7s, gold. 1882, guar.. ..

So. Minnes'ta—letM., 76 (pink)J&J1st mort. 78, 1888 J&J

So.Pac,Cal.—lst,68,g.,1905-6.J&JSouthwe8tern(Ga.)—Conv.,7s,18S6Steubenv.&Ind.—l8tM.,6s,'84.Var.Str,.Alt&T.H.—let M., 7s, '94.J&J2d mort., pref., 79. 1894 .... F&A2d income, 7s, 1894 M&N

StL.&IronM't—Ist M., 7s, '92.)-&A2d mort, 78, g., 1,S97 M&NCons, mort, 7s, g., 1914 A&OArk. Br. 1. gr., M., 78, g., •97.J&DCairo Ark. & T.,l8t,78,g.,'97.J&DCairo & Ful., l8t,l.g.,7e,g..'91.J&J

StL.K.C.&N.2d(r'l e8t.),78,'95 M&SSt L.& 8.E.—Con. M.,7s. g.,'94M&N1st cone., 73, g., 1902 F&AEvansv. H. &N.,lst7e, 1897. J&J

1021026974

tlO.5%tl0o%tll312

1139076351244;35;2986

10214!10212 I

76106106114251140478402045403193

111,'110

tl5

105108 141079612961a100115•20

J58:789820100103:8610412108 12

IOII2

;825055;78

'ids'

"93

19312111614

106305

10

I idd'1111%11511578

978595

102

' 87'

4030160

530*95

;9385

20

10076126630

859893 13

102*931076525

105 12

70

70457384I3

233

*40

Ask.

112

25

IO5I9109108971a97

120402071

628210030

10310488

105110

103 14

846557

SI'SI

95

ii7

'

1111210s301410 1

25 :

55101II2I3

80

99"

90

32

4030

85104010025

9586

9230

40

90

9510595109

261a I

74

W355

* Price nominal ; no late transactions. f The purchaser also pays aoorued interest.tIn London. U In Amsterdam.

OCTOBBR 20, 1878.J THE CHRONICLE. 431

GENERAL QUOTATIONS OF SrOCICS AND BONDS—Co.yrr.vuBD.

For Bxplanationa See Notes at Head of First Pase of <laotatl«na.

RAILROAD Bonds. Bta.

«ri81130

11911aI

1007465100100885816

1021)1;io8iiiolOSij10314111106H105100:io935785895902620

tl03U07till11

I3

25353090100

BtL. Ji«>k»'v.AC.-l«t,7s, 04.AAO UUhStL.A8ftnF.-2dM.,diu«A,'00MAN 508d M., cloRH B. li>06 MAN 26do cImhC, 1906 MAN 23

Soulli Piu-lllc.-lHt M, 1888 .J&J 858t.L.Viiml.*T.lI.-I«tM.,78,'97.JiJ -09

2(1, -K. kMiur.,'9S MAN 70St. I'aiil A Puo.— l8t BOO., 78...J&U2d«eo.,78 MANCoim.. "8 JADBoml8i>f 1869, 7b MANSt. VIneout A B.. 7» JAJdo Kfcclvora' ccrtfs.j, 108, JAJ

Summit «r,—l8t, 78, 1903 JAJSniiliiirv.VKrli'— l8tM.,78,'77.A&08UI1I). li .^ WllUcsb. lst,5«,'28,MAN8iis|>. H..V KrlrJune—l8t M.,7aByT-Bi"i-'*^V.—con8ol.79,'O0A<S:OTcrrc II. i: Ind.—Ist M., 7»,'79.AAOTexns A: PrtC— lat, 6». k.1905 MASConsol. njort.,C8, poUl, 1905. JADInc. and land gv.. rog., 1915. July

Tol.Ci>n.8.Al)-t.—l8t,7H,R.190GJ&JTol.P.&W.—l8tM.,E.D..7«,'94.JADl8t niort., W. D., 78, 1896...FAA2dmort., W D., 78, 1880. ...AAOBurl. Ulv., l8t, 78, 1901 JADdo Cons. M., 78, 1910..MAN

Puich. Com. Kec't l8t M., E. D. . . 94iado l8t mort, W. D..do BurlinKton D

l8t pref . inc. for 2d mortdo fcrcons'd

United Co'8N.J.—Con8.,68,'94.AAOSterUng mort., 68, 1894 MAS

do 68,1901 MASCam. A Amb., 68, 1883 FAA

do 68,1889 JADdo mort., 6s, 'HO.M&N

UnionPac.—lstM.,0s,K.'9U-'99.J&JLand Grant. 78, 1887-9 A&OSink. F., 88, 1894 MASOm. Bridge, 8terl. 88, g., '96.AAO

Union A Tltusv.— l8t, 78, 1890,JAJUtali Con.—l8tM., 6s, g.,1890.JAJUtah Sonthem—l8t 78, 1891Vtlca A Bl'k R.—l8t M., 78, '78.JAJMort., 78, 1891 JAJ

Verm't A Can.—New M., 88Mi38is,squol, 78, 1891 JAJ

Venu'tA Mass.—l8t M.,68, '83.JAJConv. 79, 1879 JAJdo 78,1885 JAJ

Vermont Con.—Ist M.,78,'86.MAN2dmort., 7s, 1891 JADStanstead S. A C, 78, 1887..JAJ

Vick.A.Mer.—l8tM.,end.,78,'90.JAJ• 2d mort, end., 78, 1890 JAJVlrginiaATenn.—M., 88, 1884..JAJ3d mort.. 88. 1900 JAJ

Wabash—Ist mort., 78, 1890. .FAAdo do ox coup2d mort., 78, 1878 MAN

do ext., ex coup.. 1893Equipment, 79, 1883 MANCons, mort., 78, 1907 Q-F

do do ex coup...Ist, St. L. dlT., 7s, 1896 FAA 100

do do ex mat. coup. 81Gt. West., 111., l8t, 78, '88... FAA

do do ex coup.FAAdo 2d, 78, '93....MANdo do ox coup

Q'ncy ATol., Ist, 7s, 1890..SIANdo do ex coup—

111. A 8. la., 1st, 78, '82 FAAdo do e.\ coup

Warren (N.J.)—2d M., 78, 1900. ..

WarreuAFr'kln—l8tM.,78,'90.FAAWcstch'rA Phil.- Gon8.,78,'91.AAOjWesfn Ala.—1st M., 88, '88. . .AAO2d mort., 89, guar., '90 AAO

West. Md.—End., Ist, 68,90...JA.I1st mort., 6s, 1890 JAJEnd., 2d mort., 68, 1890 JAJ2d mort.. pref., 6s, 1895 JAJ2d, end. Wash. Co., 6s, 1890.JAJ3d, end., 69, 1900 JAJ

WesfnPenn.-l8t M., 68. '93..AAOPitts. Br., l8t M., OS, '90 JAJ

West. Union RR.—l8tM.,7s,'96F&

A

W. Jersey—Deljcnt. 6,s, 1883..MAS1st mort., 68, 1896 JAJConsol. mort., 7s. 1890 AAO

Wichiti>Ab.W.-lst.7s.K..Buar..l902Wil.A Weldon—S. F., 78, g., '9ti.JAJWil.Col.AAug.—l8tM.,78, 1900.JADWinonaASt.Pet.—lstM.,78,'87-JAJ2d mort., 78, 1907 MANEx., 1. g., mort., 79. g., 1916..JAD

Wisconsin Cent.—1st, 78, 1901 .JAJWorc'r A NashuK—78, '93-'95

. .Var.Nash. A Roch., guar., 68, '94.AAORAILROAD STOCKS. p„r

Albany A Susqueh., Guar., 7. . . 100Alleghenv Valley 50Atchison Tupcka A Santa Fe..l00Atlantic A Gulf 100

do Guar., 7 100Atl. A St. Law., lca,scd, 6, £..Augusta A Savannah, leasedBaltimore A Ohio 100

do Pref.,6 100do 2d, uref

Washington Brandl 100Parki-rshurg Branch 100

Boston A Albany 100Best. Clint. Fitchb. A New Bed.lOOBest. Con. A Montreal 100

do Pref., 6... 100 70Boston A Lowell 500 76I4Boston A Maine 100 xl06

IO2I388715

5040

lOlTg8471737310076

7411310510410510110565

103 "a

103'80

78*821001061987g9820

1021a88

11931a35

tl0618718

Ask,

861a10475

9570

101 14102

96

108110112105

IIII4100i«

IO518lOOie111458062

2510410811213327454093103

7118105243

Railroad Stocks.

83 ,

162 h:

71^

83

110106 !

106108 ij

10214108 >«

68 i

108:

112 ;

90 1

8382 I

84 :

109 i

11099 1

100i

25!

919318

80

lOOiJlOS100

829085110

H130%

41s

10788

881a

106

"82149692I3130%2

1315

8077lU6ia

Boston A Provldenco 100Buir. N. Y. A Erie, leaned 100Burlington C. Rnplds A Northern.Burlhigtou A Mo.. InNeb 100Camden A Atluutio 60

do Pref noCatnwissa 50

do Old, pref BOdo Now, pref BO

Cedar Rapids A Mo 100do Pref., 7 100

Central of Georgia 100Central of New Jersey 100Central Ohio 80

do Pref BOCentral Paeitlo , 100Charlotte Col. A Aug 100Cheshire, pref 100ClilcogoA Alton 100

do Pref., 7 100Clilcagc) Burlington A Qulncy..lOOChicago A Ka.it llllnoia

Chicago Dubiujue A Minn 100Cliicago Iowa A Nebraska 100Chicago Milwaukee A St. Paul. 100

do Pref., 7.100Cldcago A North Western 100

do Pref., 7.100Cliicago A Itock Island 100an. Hamilton A Dayton 100Cln. Sandusky A Cleveland 50

Ido Pref., 6,50

Clcv. Col. Cln. A Indlanapoli9..100Clev. A Mahoning Val., leased.. .50Clev. A Pittsburgh, giuir., 7 .50

Col. Chic. A Indiana Central... 100Coliuubus A Hocking Valley—50|Columbu8 A Xeuia, guar., 8 50Con<'ord 50Concord A Portsmouth,guar.,7 100Connecticut A Paasumpslo 100Connecticut River 100Cumberland Valley 50

do Pref 50Daiibury A Norwalk 50Dayton A Michigan, guar., 313...50

do Prof.,giuir., 8..50

Delaware 50Delaware A Bound Brook 100Delaware Lack. A Western .50

Denver A Bio Grande 100,Det. Lansing A Northcni, pref .100Dubuque A Sioux City 100

' East Pennsylvania, leased 50lEast Tcnnes^:ee Virginia A Ga.lOOEn.xtcru (Ma.ss.) 100Eastern in N. H 100Eel River 100Elmira A Willlamsport, 5 50

do Pref., 7.. 50ErieRaUway 100

do Pref.,7 ...100

do Rocons. trus. asti't 56 pddo dodo dodo do

IEric A Pittsburg, gmir.. 7

' FitchburgFlorence El Dorado A Walnut V.IOOGeorgia RaiU-oad A Bank'g Co. 100Grand River Valley, guar., 5.. 100H,'»nnibal A St. Joseph 100

do Pref., 7. .100Harrisbnrg P. Mt, J.A L., guar.,7.50Housatonlc 100

do Prof., 8 100Houston A Texas Central 100Huntiug(l(ui A Broad Top 50

do do Prof... 50niiuois Central 100Indianap'.s Cin. A Uifayetto 50Jcfl'v. Mad. A lud'p's, Psed. 7..100

Jolict A Chicago, guar., 7 100Kalamazoo A. A Gr.R., guar., 6.100Kansas t:ity St. Jos. A Coun. B.lOOKansas City Topeka A West'u.lOOKansas Paeltie 10<J

Keokuk A Dcs Moines, pref 100Lake Shore A Mich. So 100Lawrence (Pa.), leased, 10 50I.4^avcu\v»rth Law. A Galv 100Lehigh Valley 50Little Rock A Fort Smith 100Little Miami, leased, 8 .50

Little .Sclmvlklll, leased, 7 50Long Island... .-50

Louisville A Nashville 100Lykens Valley, leased, 10 100Macon A .\ugu8ta.Maine Central 100MauchesterA Lawrence IOCMarietta A Cln., 1st pref 50

do 2d pref 50Bait. Short Line, giuir., 8. .

.

Cincinnati A Bait., guar., 8Memphis A Charleston 25Michigan Central 100Mine Hill A .8. Haven, leased. ...50

Missouri Kansas A Texas 100Mobile A Ohio 100Morris A E.s8cx. guar., 7 50Na.shvillc. Chat. A St. Louis 2oN.-i-shua A Lowell 100Naugatuck ;-:\}-9^Ncaiiuehoniug Valley, leased, 10.50

New Haven A Northampton. . . .100

Now Jersey Soutliern HR UK)N. London Noitlicrn. leased, 8.. 100Now Mexico A 80. Pacifio 100N. Y. Central A Hudson R1V....100New York ElevatedNew York A Harlem 50

do pref

Bid,

X10478

xlOSM(20}30

690('.29

X891046827^§23{46

33079102 •<

lOO'g457

12029'864%401a7114

1141a20}4ia

ix3030

26;i7iaJl«l4;30;30551233470

I414371a•53

10{•15*2761a

Ask.

100

"23'

10625396

3B1«3391

72

aaso

3381

110\8i«

5812130ifl

64 Oh

40»971%1151a244%32311a

81% 834ifl 41a86 9010075117 120

48139 141

2303 95

604918 491412 121a

57•3535 45I214 121a60 7020

i* . . .

.

•40 4111%

181a16%3232

1231a3575

11%

57

Railhoao troau.

a

8048889

15H5

78

103 104

6908%

"96 ia

91a

681a§

'68%

"37^8

96§43

"35"

*15"13313

97431s1236

"is"

56818548 14

4ie4

791a29106

(4514121

111%76135135

76948%4i«

6

29 Hi

106 la

45%

lifl

137138

New York A New England loo -iffN. Y. N. flaren A HartfnnI .... loo 1.5t»

New York PnivldeneeA B0S...100North i'eiinaylTMnla 60 488Northern Central 60 }14Northern New M»ni|Hililre KM) li

Northern Pneine, new pref 100 JINNorwIchAWoreostiir.lniuml.lO.KKi 11 '4

Ogdcnsburgb A Lake Champ. . . 1 M) ) 1

do Prof., 9. .100 01 1«

Ohio A MlaslMlppI lOII 7%do Pref 100 11

Old Colony 100 «!%Oswego ABrraauae, Koar., 9.. ..60PaelHc of tflswnirt (new) 100Pnnanuk 100Pennsylvania Railroad 80 }33i4

Pennsylvania Company 60do Pref 60

PeterRburg 100Pblladelplila A Erie 60 ^

do Pref.,8 60Philadelphia A Readlnir 60 $1»^

do Pref,7 60JPhllo. A Trenton, leased, 10... 100-4127Phlla. Oorm'n A Nor, Psed, 12. .50 JlOOPhila. Wilmington A Bait 50 {6318PittKliurgh Cincinnati A St. L...60Pittsh. A Connellsvlllc, leased... 50Pittsburg Tttusvlllo A Bulblo...60Plttsb. Ft. W. A Chlo, guar., 7.100

do Special, 7.100Pleasant Hill A Do Soto 100Portland SacoA Portsm.,t'8ed 6100Portam'th Ot. Falls A Conway. lOi.

Provldenco A Worcester 100Pueblo A Arkansas Valley 100 70RenssclaerA Saratoga 100Republican Valley 100 101Richmond A Danville 100 *Richmond Fred. A P 100

do do guar. 6. ...100 80do do guar. 7 100 85

Richmond A Petersburg 100 34Rome Watertown A Ogdensb. .100Rutland 100

do Prcr.,7 100 .6do Scrip 100 50

St. Louis Alton A Terre Haute. 100 l**do do Pref. 100 *

Belleville A 80. 111., pref 100St. Louis Iron M'n A Southom.lOO lOJaSt. Louis Kansas C. A North. . . 100 4%

do do pref., 10.100 , 20%Schuylkill VaUey. leased, 5 50 5

Seaboard A Roanoke 100do guar 100

Shamokln Val. A P., leased, 6. . .50Shore Line (Conn.), leased, 8. ..100South Carolina 100Southwestern, Ga., guar., 7 100Syracu.se. Bingh'tou A N. Y 100Summit Branch. Pa 50Terre Haute A Indianapolis 100 80Toledo Peoria A Warsaw 100

do do 1st pref. 100do do 2d pref.. 100

United N. Jersey RR. A C. Co. . 100 1 .iS

Union Pacine 100 6«i9

Vermont A Canada, leased 100Vermont A Mass., leased, 5 100WabashWarren (N. J.), leased, 7 50Westchester A Phila., pref 50West Jersey 60West. JLirylandWichita A SoutTiwe.stern 100Wilmingt'n A Weldon, leas'd, 7.100 „„Worcester A Nashua 100 33

CANAt BONDS. ^„Chesap. ADel.—Ist.Os. 1886..JAJ "JOChesapeake A Ohio—Oa, 1870 Q.—J MDelaware Division—6s. 1878..JAJ *90,

Del. A Hudson—78, 1891 JAJ 9b4Istext.. 1891 MAN 102-9

7s, 1884 JAJ 961sCoupon 7s. 1894 AAORegistered 78, 1894 AAO

Jas. RlV. A Kan.-lst M., 6s . .MAN 402dmort.,6s MAN 12

Lehigh NaT.-«s, reg., 1884. . .Q-J }04Ranroad6s,reg.,1897 0-F IMDebenture 6s, reg., 1877....JADConvertible 6s, reg.. 1882. . .JAD

do 6s, g.. reg.. 189t.MA868, gold, coup. A reg., 1897..JAD 03Consol. mort., 7s, 1911 JAD 'TO

Loulsv. A Portl.—3d mort., as 1024thmort., 6s 10*

Morris—Boat loan, reg., 1885.AAONew mortgage

Pennsylrania—6b, coup., 1910.JAJSchuylkill Nav.—lst,0s,1897.CJ—

M

2d mort., 69. 1907 JAJMortgage 6s, coup., 1895 lAJ68, Improvement, cp., 1880. MAN68, boat and car, lOUl MAN78, l)oat and car. 1915 MAN

Susqiiebunna—6a, coup., 1918.JAJ79, coup., 1902 -JAJ

Union—1st mort., 6s, 1883.. .MAN

OANAI^ STOCKS. Far.

Chesapeake A Delaware .00

Delaware A Hudson ^92 ,.Delaware Division. leased. 8. ...504

I^hlgh Navigation -,-2S.l!2Morri.s. guar., 4 JSSJ.SSdo pref, guar. 10 lOJiK

Pennsylvania _ Sui'"Schuylkill Navigation.. 5Sl"vi

,do do pref 801 }«

iSiuMiiiehanna 80.^....

Bid.

111!181875J56§20

63

43 >•

301A»

30%

OSao188

037%

03

1389S%

13%

13810164135

538910

70*«100loiia6

48

3«>a

3765

11521%

9100

6«i«

111>«18%

60305

62>a6038

727010099<fl103%

98 ••

98

104%105

0606i«74108105

640163

70

48%

16%58135

5"

*Prlo»aominal; no late transactions. 1 The piirohasor aUo pays aoorued Interest t In London. It In Amaterdaai. } Qaotettoo per sbaca.

432 THE CHRONICLE. [Vol XXVU.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Contikued.For Explanations .See Notes at Head of First Page of ({notations.

MlSCBLI-ANEOCS.

iniSC'LIiANEOvsBONDS.

Canton (Bait.)—£68. K., 1604. ..J&JMort. 6s,g.,1904J&JUn. ER.,lst, end.,6e.do 2(i,eud. 6s,g.M&N

Consol. Coal

—

l8tM., 78, 1885.J&JIst, conv.,C8,'97.J&J

Cumberl'd Coal & I.—l8tM., 68, '79...J&J2dM.,68, 1879.F&A

ni. & St. L. Brldge-l8t, 7s, g.. 1900.A&02dM.,78,g.,1901J&J3d, 78, g., 1886.M&STun'l RR.,lst,£.98,g.

Mariposa Gold L.*feM.—Cons. M., 78,'86.J&J

Pullm'n Palace Car—2d M., 88, '81..M&N3d 8erie8, 8s,'87F&A4tU do 88,'92F&A8tlg, 7s,g.,1885 A&O

St.Cbarles Bridge—108U. S.M'g.Gs.g. i.J&D68,g.,$

Western Union Tel.—78, coup., 1900.M&N78 reg.,1900..M&NSterl'g 68, 1900.M&8

Amer'n SS.Co.(Pliil.)

68, B. C, 1896..A&0

inisc«i.iiANFOi;sSTOCKS.

Amer. Dist. Tel 25Amer. Dist. Tel. {Bait. 1

Atlan. & Pac. Tel. . 100Boston Land 10Boston Water Power.Brookline Land 5Canton Co. (Bait.). 100Gary Iiupr'm't(Bost.),5Cent. N.J. L'd Inip.lOOCin. & Cov. B'dge prof.Equitable Tr.(N.Y)100111. & St. L. Bridge. 100McKay Sew'g Maoli.lOMere'ntile Tr.(N Y)100N.E. Mtg.Sec.ur.(Bo.st.)O. Dominion SS.Co. 100PacilicMailSS.Co.lOOProd. Cons.L'd <fe PotrPullm'n Palace CarlOOSt. Louis Trau.'tfer CoUn. Mining (Teun.). 10Union Trust 100U.S. Trust Co 100U. S. Mort.Co.(NY)100West. Union Tel... 100

EXPRESS ST'CK.S

Adams 100American 1{X)United States 100Wells Fargo 100

GAS STOCKS.

Baltimore Gas 100do certs

People's G.L.ofBalt.25Boston Gaslight. . .500East Boston 25South Boston 100Brookline, Mass... 100Cambridge,, Mass. . 100Chelsea, Mass 1 00Dorchester. Mass. . 100Jamaica Pl'u.MasslOOLawrence, Maes. ..100Ij'nn, Mass., G. L..100>Iald.& Melrose. ..100Kewtouife Wat'n ..100Salem, Mass., 100Brooklyn, L. 1 25Citizens', Brooklyn. 20Metropolirtui, B'Ulyn.Kassau, Brooklyn ..25People's, Brooklyn . 10Willlanisb'g, B'klyii 50Charle8t'n,S.C.,Gas.25Chicago G.ife Coke. 100Cincinnati G. & Coke

.

Hartford, Ct., G. L..25Jersey C.& Hobok'u 20People's, Jersey CliOulsville G. L. .

.

Mobile Gas & Coke. . .

.

Central of N. Y 50Harlem, N. Y 50Manhattan, N.Y... 50Metropolitan, N.Y.IOOMimicipal 100Mutual of N.Y... .100Kew York, N.Y....100N. Orleans G. L. ..100N. Liberties, Pliila..25Washington, Phlla..20Portland, Me., G.L. 508t. Louis G. L 50I.,acl6de, St. Louis. 100Carondelet 50Sau Francisco G L.

Bid.

9393

103>?

10280

9897

570!30

969212Olifi

85101»s

110101

79'a

191a22

2ll2lllJ

22

7580lia

108

"l5%

315

93 12

109484896

959511

72028%1051071228585121091'24

8080

111951105550501575

129

35145105

6070

5*32736212

95I3

Ask.

9096

1041a

10585

100100

753513

1009593

MI8CELLASEOTTS.

1021"

111

103

80

30

1^21a2510c.

902i£

110

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75 1*

118

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109 13

499638

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1081238686

111124148581iim1001166058562085201301471242150

115

'so'40

1.50

11090658099

347565

96

UIANUFACT'INGSTOCKS.

Am.B.H.S.M.(Pa.ll2i2 §2314Amoskeag (N.H.) 1000 1530Androscog'n (Me.).100 74Appleton (Mass.) . 1000 750Atlantic (Mass.)... 100 II3I3Bartlett (Mass.). ..100 15Bates (Me), new ..100 113iaBoottCot. (Mass.) 1000 1450Boston Co.(Mas8.)1000 925Boston Belting. ...100 II5I4Bost. Duck (Mass.)700 700Cambria Iron(Pa.). .50 §*57Chicopee (Mass.) ...100 110Cocheco (N.H.)....500 600Collins Co. (Conn.) . . 10 6I4

Continental (Me.). 100 44DougrsAxe(Ma6S)100 98Dwight (Mass.). ..500 410Everett (Mass.)... 100 90%Franklin (Mo.).... 100 45Great Falls (N. H.) 100 84Hamilton (Mass.) 1000 900Hartf. Carpet (Ct.)lOO 221Hill (Me) 100HolyokeW.Power.lOO 144Jack8(m (N. H.)..1')00 1000Kearsarge 100Laconuk (Me) 400Lancaster M.(N.H)400Lawrence (Mas8.)1000Lowell (Mass) 690Lowell Bleaehery.200Lowell Mach.Shop.500Lyman M. (Mass.). 100.Maudiester (N.H.) 100Mass. Cotton 1000Mprriniack(Mass)1000Miildlesex (Mass.). 100Nashua (N. H.)....500Naumkeag (.MaRs.)100N. E. Glass (Maas.)440Pacific (M;is8.)...1000Penn. Salt Mfg. Co.. 50Peppcrell (Me.) 500Safisburv (Mass.) . . 100Salmon Fall8(N.H.)300Saudw.Gla38(Ma8S.)80Stark Mills (N.H. )1000Trem(mt&S.(Mass)100Thorndike(Mass.)1000Union Mfg.(Ma.)Washingt'n(Mass.)100Weed Sew. M'e ((t.)2."i

Willim'tic Lincn(Ct)2.'iYork Co. (Me.) 750

COAI. & mSCEL.miNING STOCKS.AmeHcan Coal 25Big Mountain Coal. 10Ruck Jlouut'u Coal.50Butler Coal 25Cameron Coal 10Clintcm Coal & Iron, 10Consol.Coal of Md. 100Cumberl'd Coal&I.lOOGeorgia's Cr'k CI (Md.)Locust Mt. Coal .....50

Marip'sa L.&M.C^allOOdo pret.lOO

Maryland Coal.... 100New Creek Coal. ...10N.Y. & Middle Coal.25Pennsvlvaniji Coal. 50Pilot knob I. (St.L)lOOQuicksilver Min'g.lOO

do prof..St. Niclio!asCoal...lOSan JuanSil. Miu.lOOS. Kapli'lSil.,Mob.lOO

do pref.lOOShamokin Coal 25Spring Mount. Coal.50'iVestmorolaiul Coal.50Wilkosb.Coal&L.lOO

BOSTON MININGSTOCKS.

AUoucz 50Calumet & Hecla. . .25Central 25Copper Falls 50DiHia 25Dawson Silver 20Duncan Silver 20Franklin 25Humboldt 25International Silver20Madison 25Mesnard 25Minnesota 25National 1Osceola 25Petherick 25Pewabio 2Phenix 50(>uincy 25Kidge 2.j

Rockland 25Star 2RSuperior 25

Bid.

40070.5126553520071570117103512601655258035

1600'07720

Ask.

•23 la

155075

77511416

1141475950II5I271059

110i£610750100415914785

92522555

1481050

4107151270550

736"72

23020

84011470012804

661155

30

535'

25

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2I227,

140

1232

I2I213

555

21axl76

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10501275167

8OI250

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50c. 55c.50c.

25c. 50c.oOc. I OOc.25c.

xll ]li«5c.

1 2

121a 131 l^s

25c25c.5c.

Miscellaneous. Bid.

N. Y. BOARDiniNING STOCKS.

Par.Alpha Consol G& S. 100American CcmsolAmerican FlagBechtelBelcher Silver ....100Bertha* EdithBest & Belcher. ...100iBobtailBuckeyeBullion 100Caledonia Silver ..100California 100Calumet & HeclaiCashierChollar-Potosi 100Cleveland Gold 10Consol. North Slope. .

.

(Ilonsol. Virginia... 100Confidence Silver. 100Crown Point 100DahlonegaEureka Consol. . . . 100Exchequer G. & S.IOOFindleyGold PlacerGould ACui-ry 8.. 100Grant 100Grand PrizeGranville Gold Co..

.

Hale & Noreross. .100Henry Tunnel Co..HukillHusseyImperialIndoi»endoncoJulia 100Justice 100KentuckKings MountainKossuth 50L,acrosseLeedsLeopard 100IjcviathauLucerne 10MemphisMerrimac Silver 10Mexican G. & Silv.lOOMooseM(mt BrossN. Y. & Colorado. .

.

Northern Belle....100OntarioOphir Silver 100Orig.Comst'k G& S 100Original Keystone

.

Overman O. & S ... 100PlumasPhil. SheridanRaymond & Ely. ..100St. Joseph Lead 10Savage Gold* Silv.lOOSeaton eonsolSegregated Belch'rlOOSierra Nevada Silv. 100Silver City 100Sliver Hill 100Southern Star G&SlOO'HpTopTuscaroraUtahUnion ConsolYellow Jacket 100

BANK STOCKS.Baltimore.

Bank of Baltimore KM)Bank of C(umuerce.25Chesapeake 25Citizens' 10Com. & Farmers'.. 100Farmers' B'k of Md.30Fai'mers' & Merch. .40Farmcrs'&Plauter8'25First Nat. of Bait.. 100Franklin 12iaGerman American.Howard 1

Marino 30Mechanics' 10Merchants' 100National Exoh'ge. 100People's 25Second National . . 100Third National 100Union 75Western ^ 20

22lia8%

Boston.]!Atlantic ..100Atlas 100Blackstone 100Blue Hill 100Boston Nat 100Boylston 100Broadway 100Bunker Hill 100Central 100City 100Columbian 100Commerce 100Commonwealth ... 100Continental 100Kaglo 100Eliot 100Exchange 100Everett 100Faneuil Hall 100

2213314

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1041a9819ia

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10580

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3•25

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•21

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•38•51

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403

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1141330131013034I233118

7I2

10610309I4

106100201401005932

126IIOI4•)(>

9090106S3

15183108131%80 1395901049713695125

Bank Stocks.

First National 100First Ward 100Fourth National.. 100Freemans' 100Globe 100Hamilton 100Hide & Leather . . .100Howard 100Manufacturers'.. .100Market 100Massachusetts 250Maverick 100Mechanics' (So. B.)100McrchaiHliso 100Mercliunt.H' 100.Metropolitan 100Monument 100yit. Vcrnou 100New England 100North 100North America 100Old Boston 50People's 100Redemption 100Repu'.ilic 100Revere 100Rockland 100Second Nat 100Security 100Shawmut 100Shoe & Leather. ... 100State 100SuflTolk 100Third Nat 100Traders' 100Tremout 100Union 100Washington 100Webster 100

Brooklyn..\tlanti<'

BrooklvnFirst I^ationalFultonCity NatiimalCommercialLong IslandManufacturers'. ...

Mechanics'NassauBrooklyn Trust

Cliarleston.B'k of Clias.(NBA) 100First Nat. Chas.. .100People's National . 100People'sofS.C.(new)2oS. C. Loan & Tr. Co. 10(]Union Bank of 8. C.5o

Clilcago.Commercial Nat. . .100Corn Exeli. Nat.. .100Fifth Nati(mal.... 100First National 100Hide and Leather..Home National ...100Merchfints'Nat.. .100Nat. B'kof lUinois.lOONorthwestern Nat. 100Union National 100Un.Stock Y'ds Nat.lOO

Cincinnati.First NatumalFourth NationalGerman Banking Co.

.

Merchants' National.Nat. Bank Commerce8eeond NationalThird National

Bid. I Ask.

169771aSOif8!)

76101IO214103S6I491107140II4I292125961214587

130108100«2

135120125100122132183104%100lioiaIIOI2839099%

1261a12598H

90100170752009090901501.50

130

17590

150

Cleveland.Citizens' S.&L.... 100Commercial Nat . .100First Nat 100Merchants' Nat... 100National City 100OhioNat 100Second Nat 100

Hartford..^EtnaNat 100American Nat 50Charter Oak Nat. . 100City Nat 100Coimecticut River. ..50

Far. & Mech. Nat. 100First Nat 100Hartford Nat 100Mercantile Nat 100National Exchange. 56Phfcnix Nat 100State 100

liOulsvllle.Bank of KeutuckylOOBank of I^ouisvillelOOCitizens' National. 100City Nat 100Commercial of Ky 100Falls City TohacuolOOFarmers' of Ky ...100Fanners' & Drov..lOOFirst Nat 100German Ins. Co.'s.lOOGennan 100German National. 100Kentucky Nat 100Loulsv. IU8.& B. Co.40Masonic 100Merohants' Nat. ..100Northern of Ky .. .100

1269810093110140

11057

125783211290150116

(.14

149109

8092101

169>t78819277103102%1031«

9II4

1071a14511693I251400

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96

1909023010010095160160

3510080105640

140

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15211867152114

115628310010

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85110

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1508393104

Prioo nominal ; no late traiLsaoUoos. tThepurchaser also pays soorued int. ; In London. § Quotation par share. ]I All ex-diridend.

OCTOBBH JO. 1878.] THE CHRONICLE. 43a

GENERAL QUOTATIONS OF STOCKS AND HONDS—Concluded.ear Kxplnuatlou* See Notes at Head of Flmt Pace of <laotationa.

Bank Btocu. Bid. A«k.

L'sTlIIe (CoDoIad'd.1

roop'"''" ?*!9BwKiiul Sat, 100Swiirltv 100Tluiil Niitloiml 100WontiMii tooWestFluuu.Curp. . 100

mobile.

Bank of Mobile M)Flr«t Nal KK)Nat. ('oiiiTmMT.lal..l00

Boiitlu'ni H'k ot Altt25

lOoBtreal.

Biitinli X. America....OOIUllUTO* ."iO

CoiiKiiliiliited 100Dominion 50Du Pciiplc 50Kajttern 'rowU8Uli)s 50ExrbauKe 100Fodenil 100Haiuilton 100Imperinl 100JaiMiiirH Ciirtler...lOOMuritiino 100Merchaiitj*' 100Molsout* 50Montreal '200

Kutloniilo 50Ontario 40Qnclico 100SlawlanlToronto 100Union 100VilUi Marie 100

Nenr Orleans.

Canal & Banking. .100Citizens' lOOGermaulaNiit 100HiberniaKat 100Lafayette 50Louisiana Nat.. .. 100Mechanics' & Tra<l..20Mutual Nat 100Kew Orleans Nat. . 100People's 50Boutliem 50State Nat 100Union 100Workingmen'8 25

New York.

America 100American E.xcirKelOOBank.ABr'kers A.lOOBrew'rs'it Groc'rs'lOOBroadway '^5

Butclicrs'& DroversaSCentral National. .100Chatham 25Chemical 100atv 100Cltlrens' 25Commerce 1 00Continental 100Com Exchange ... 100Eai<t Kivcr 25Eleventh Ward 25First National 100Fourth National... 100Fulton 30FlfthAvenue 100Gallatin National ..50Genuau American. .75Oennania 100Greenwich 25Grocers* 40Eanover 100Importers' & Tr. . . 100fcTlng 50Leatuer Manufts..lOOManhattan 50Manut. & Merch't».20Marine 100Market 100Mechanics' 25Mechanics' B. A88'u50Mechanics' & Tr.. .25Mercantile 100Merchants' 50MerchaniA' ExcU'ge50Metropolitan 100Nassau 100New York 100N.Y.Nat. Exch'KelOONew York County. 100Ninth National. ...100North .\nicrlca .... 70North Itivor 50Orientiil 25Pacitic 50Park 100People's 25Pheulx 20Republic 100Second N.itlonal..lO(lSeventh 'ft'ttrd 10()Shoe A: lx'ather....lO0St. Nicholas IOCSlate or N. Y.(now)10t'Tentli National.. ..10(Tradc..*nieu'8 4rVnion 50

83125

1011572 >«

18

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12170104 »s77

1041)8

102 Hi3014

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81

801385000

9072

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98

12871268.'S

10086

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11375

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100

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951s871s:155%

82 !

83 I

138%;60

I

60 14

9375 Is

103

90

4942

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Philadelphia.}

B'kof N.America. 100Central National.. lOOjinty Nullonnl '•"

"oni!;:crclal Nat .

Coinnioii\\<MiIlh N;t'

ConsolUlarlon Nat. ...;;

Corn Kxchungo Nut.50Eighth Nat'First Nat 100FanncrB'.t.Mcch.N.lOOGirard National 40Kcnsinnlon Nat 50

)Manufacturers' Nat.25jMechaulcs' Nat.... 100Nat. B'k (Jonnneroe.50Nat.B'k (;crmant'u.50iNat.B'kN. Liberties 50jNat.B'kKepublio.IOO'National Hccurltjr.lOOPeUQ National 50People's 100Philadelphia Nat.. 100ISecond Nat 100Seventh Nat 100SlxthNat 100Southwark Nat 50Spring Garden 1002-2(1 Ward 50rhlrdNat 100Union Banking Co.lOOUnion Nat 50Western Nat 50West Phlladulphia.100

Portland, Me.

CumlM-rland Nat.. .40Canal Nat 100Casco Nat 100First N»t 100.Merchants' Nat '75

National Tratlers'.lOO

Richmond, Va.

City Bank 25First Nat 100Merchants' Nat... 100Nat. Bk of VirgluJalOOPlanters' Nat 100State Bank ol Va.lOO

St. Lonto.

B'k of Commerce. .100Commercial 100Continental 100Exchanfire 100Fourth National ..100International 100

Mechanics'.'.'.'.''.

'. ! !io6Merchants', OldMerchants' Nat ...100St. Louis National.lOOThird National.... 100VaUey National... 100

Bid. A«k.

98145

80

13685

607583

1251s7011885130

73 14

7395

13591

100

80

145

San Francisco.

Anglo-CaliforniaBank of (JalifomlaB'k of S. FranoisoolOOFirst Nat. tiold.... 100Grangers' B'k of C.IOOMerchants' Exch. . 100PaolUc

FIRE INSVR'CESTOCKS.

Baltimore.

.\880clatc Firemen's. 5Baltimore Fire Ins. 10Firemen's Insur'oe. 18Howard Fire 5Maryland Fire 10.Merchants' Mutual. 50National Fire 10

Boston.

Alliance 100American F. & M. .100Boston 100Boylst'n Mut.FAMlOOCommonwealth. -.100Dwelling House.. .1011

GUot 100FanenilHaU 100Piremen'8 100Franklin 100Vfantifacturors'. ..100Mass. Mutual 100>teebanics' MutuallOOMercantile F. A M.lOONeptune F. AM... 100

231175

•509015011760•552589

126•8010354

155

115

•51

51140132130104130

3081-23

50205

60

705

7460

10082

"ss9735115

TXHURAIlOa Btooki. Bid. Ask.

233180

1011601206557251892

128/

57

162100

125

57

20113

8080

10675

310

7055

210959035

6254161s

.50

11%

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52142134132105132

10076

10583

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10037118

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264275

5513

100135115120921141356714867

1-25

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95133

N.KliKi'dMut.F&MIIH) 75North Amerieu.... UK) 112PrewMitt 11H>

I Revere 100Hhawmnt 100shoe.v I,. F. AM. .100-iiiirolk Mutual... .100Wushiugtvu 100

Cincinnati.

Ama7.nn(iiow stock) 20 SOClnchinatl 25' laoCitizens' 2O1 75Commercial 25 1.35

Eaglo lOol 115Enteriirlse 20 90Eureka 20 85Jldellty 20 95Firemen's 20l 120Gemiauia 20 115Globe 20 f>'

MerchantB't<: Manuf 20Miami Valley .50

National 100Union 20Washington 20Western 25

Bartftord, Conn

.*:tna Fire 100Atlas Insurance... 100Connect Icut 100Hartford 100National 100Orient 100Phosnix 100Steam Boiler 40

London.

Commerc'I Union . £50Guardian 100Inii)erial Fire 100Uinciujhire F. <fe L. .20London Ass. Corp.. 25LIv. &I..<md. &Globc2North'n Flre&Llfo 100North Brit. &Mer..50Queen Fire & Life.. 10Koyal lusui'ance 20

Mobile.

Citizens' Mutual... 100Factors'* Trad's' Mut.Mobile Fire Dei>'t..25Mobile Mutual 70Planters' & Mercb.MutStonewallWash'ton Fire AM . . 50

New Orleans.

Crescent MutualFat^tors' and Traders'.Firemen'sGermaniaHIbemiaHomeHopeLafayetteMerchants' Mutual . .

.

Mechanics' * Traders'New Orleans Ins. Ass'nNew Orleans Ins. Co .

.

Pooi>le'sSun MutualTeutoniaUnion

New York.

Adriatic. 25iKtna 100American 50American Exch. ..100Amity 100Atlantic 50Bowery 25Brewers'&M'lst'rs.lOOBroadway 25Brooklyn 17Citizens' 20City 70CUnton 100Columbia 30Commerce Fire— IWICommercial 50Coutiucntttl 100Eagle 40Empire City 100Emporium 100Excliange 30Farragut 50Firemen's 1

Firemen's Fund— 10Firemen's Trust— 10Franklin 100Oemian-Americau 100Germania 50Globe 60Greenwich 2.'i

Guardian lOti

Hamilton 15

117

1105088

120

21333

10521813210320053

I8I470151

71

x6716%41423%21%

x57x7012%

x45x55x70x30

9110550

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60751550607535

94

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130 137%90 10050 6090 100200

SO190 200

200175IIS 125110 liift

50 6060

1.36

165 170210

105 11050 60115

1301076011055

12525575

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. . ..fto

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II .wanl 50I iiiiMirters' A Trad . . 60Irving 100Jpfferson 30KlniniCo. Ol'klyn) 20KnIckerlKHkcr .40I.a(ayutte (U'klyu) SOLamar 100Lenox 35Lonv IsI'd (B'klyn) 50LorUlard 25Mnimf. * RulIdeni'lOOManhattan lOOMech. 1* Tnidcrs'. . .28Merhanlcs' (B'klyn).50Mercantile 50Merehaiita' 60Metropolitan 30Montauk (RHilyn).. 50Nassau (B'klyn)....50National 37%New York CItjr

N. Y. F.<iultabro 35Now York Fire.... 100Niagara 50North River 25Paclflc 25Park 100Peter Cooper 20People's .50

Phenlx (Blilvn) ....50Pro<luce ExcoangelOORelief 50Kenubllo 100RldgewmMl 100Itutgcrs' 100Safeguard 100St.Nlcholae 52Standard 50Star 100Steriing 100*tuyvesant 2.5

Tradesmen's 25United States 25Westchester 10Williamsburg aty . .50

PhUadeIphIa.§

American Fire 100Fire Association 50Franklin Fire 100Delaware Mutual...25Ins. Co. of N. Am'oa 10Ins. Co. State of Pa 300Pennsylvania Fire 100

Richmond.

City 100Granite 100Merchants'AMech.lOOPiedni'tA A. IJfe.lOOVirginia F. & M 25Virginia Home.... 100Virginia State 25

St. Itonls.

American Central..25CiUxens' 100Franklin 100Jefferson 100Marine 100PacUlo 100

San Franclaeo.

California 100Commercial 100Firemen's Fund ... 100State Investment. 100Union 100

MARINE INS.

SCRIP &C

New York.

Atlantic Mutual—1875187618771878 -••

Commercial Mutual—18711878 •••

New York Mutual—1H641876

Orient Mutual—1H611W75

Paj^illc Mutual—18681876 ...•

Great Western stock..

Mercantile stockSun stock

130

117

103103

80145100

ISO80 HA130105160IflORS184 liO

107

100 11060 65185 196l.<iO

110 115110 120230105 116176 105115 12012050 70

8570 7390 »7160120

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100 10792%

125 1401'25 135100190 200

135241

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135

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27

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08

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1 40175»oISO105

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170

76%90

3607%

758015

11558115118116

10310110009%

10070

8566

8060

8060906063

* Prioe nominal ; no late transaotloiui. j tjuotatiou ler share. J Liat prioe this month preceding 34tti.

434 THE (JHRONICLH ITOL. XXVIL

%nvitshntntsAND

STATE, CITY AND CORPORATION FINANCES.

The iNVESTOnB' SaPPLKMENT is published on the last Saturdayof each month, and furnished to all regular subHcribers of the

Chkoniclb. No single copies of the Supplement are sold at the

office, as only a sufficient number is printed to supply regular

Bubscrib»Ts. One number of the Supplement, however, is boundup with The Financial Review (Annual), and can be purchasedin that shape.

ANNUAL REPORTS.

Mobile & (rirard Railroad.

{For the year ending May 31, 1S78.)

The president's annual report has the following: The earningsof your road for the year ending on tlie 31st Mav have been$175,572, and the expenses |113,274, leaving net $63",398.

This is a considerable improvement over the previous year,

espf-cially if we take into account the fact that the renewal of

rails has been considerably more than for any previous yearsince the existence o( the road. The rolling stock and bridges

have also been very much improved—all ot which has beencharged to expenses.

lo the last annual report a vry full statement was made of a

scheme for reducing the interest upon the indebtedness of thecompany. This plan has ben carried out so far as to exchange$800,000 of the company's 4 per cent bonds, with the Central

Railroad & Banking Company of Georgia, for a like amrunt of

this company's first mortgage bond.i, and the coupons which hadbeen taken up by that company. Of the $33,500 plain 8 per centbonds outstanding at the date of the last report, $33,000 havebeen taken up and canceled by exchange for a like amount of 6per cent bonds ; thus reducing our interest account from $9t,202to 157,980 per annum, leaving one plain bond of $500, yetoutstanding, to be adjusted whenever it is presfnted.The 1300,000 8 per cent bonds will mature January 1st, 1839,

and, with reasonable prosperity, it is believed that the companywill bo able to meet them at maturity, with the use only of the

$167,000 6 per cent bonds now in the hands of H H. Epping,Eaq., Trustee. If this can be done, the annual interest will thenamount to only $44,000 per annum, and it is not unreasonableto expect that small dividends can thereafter be paid from theearnings of the road.

BASmNOS.Op treislit, (eastward) $f>8,019

Down freight, (westward) 71,068

Total from freight 1139,077Up pas -age, (eastward). ., $17,535Dowapa.-sage, (westward 15,795

Total from passage 33.030Mail service 3,484

Total earnings , $175,578

TOTALS.

The tota^ earnings as stated are $175,574While total expenses have been 112.271

Showlngnet $63,218

As compared with the year previous, we are enabled to showan increase of earnings as follows: In freight, $21,463; inpassage, $1,869 ; lees a reduction in mail service of $65 ; makinga total net increase of $23,677.There has been an increase in expenses of $14,641; but when

it is considered that we have placed 6^ miles of new raila in thetrack, with extensive repairs to bridges and rolling stock of thecompany, all of which has been chartred to current expenses, it

will be seen tbat the cost of running the road has been even less

than that of the previous year.

LIABILITIKB, MAT 31, 1878.

Capital Stock $9P6,S64Preferred capital stock

, 2"H,745Pike county stock 1?,380

Second mortgage bonds, 8 per cent 300.000Third mortgage bonds, 4 per cent — 8 O.nnoThird mortgage bonds, 6 per cent 33,000Plain bonds 600

Central Railroad

l,-:78,940

ASSETS, HAY 31, 1878.

CODPlruction $1,7154MStock interest 291,670

1, 183, '^00

5,683

$3,418,124

Bills receivable.Profit and loss .

.

7,174•381,868

a.010,910

Central Railroad BankChattahoochee National Bank.Agents' ledgertr. S. P. O. DepartmentCash

339,0(i2

10,«06,686S,150eoi

18.751

$2,418,134

rivalry between the two companies is ended, the building ofparallel lines will be stopped, and future extensions will proceedin harmony.The Atchison Topeka & Santa Fe Company is to take possession

of the D. & R. G. Railroad, now 337 miles, and operate it

exclusively for the period of thirty years, beginning December 1next, paying all the taxes, insurance and general expenses. Therental to be paid the Denver & Rio Grande Company is 43 percent of the gross earnings for the first year with a reduction of 1per cent each succeeding year until the seventh is reached. Fromthe seventh to the fourteenth year, both inclusive, the rental is

to be 37 per cent per annum, of the gross earnings and for theremaining sixteen years of the lease 36 per cent is to be paidannually- In determining the amount of gross earnings fromwhich the rent is to be computed, the gross earnings from all

business interchanged between the two roads, or by the Pueblo& Arkansas Valley Railioad, shall be divided on a basis of credit-ing each mile of transportation over the Denver & Rio Granderoad as one and a quarter mile?, except where such businessshall be interchanged between the Denver & Rio Grande Railroadconnecting Pueblo with Canon City, and the road which mayconnect Canon City with Leadville, in which case the grossearnings shall be divided jyro rata according to the number ofmiles hauled over the respective roads.

The Atchison Topeka & Santa Fe Company agrees not to build,operate, or encourage any road, directly or indirectly, not alreadyconstructed, that is parallel to or competing with the Denver & RioGrande's present constructed lines. The lease also provides thatthe Atchison Company shall not change the guage of its road orlay a third rail, without widening the guage or laying anadditional rail, over all the Denver & Rio Grande lines", exceptthose betwesn Pueblo and the coal mines east of Canon City.

Any lines that may be built from any terminus ot the Denver &Rio Grande road, or in extension thereof, shall be of three feet

guage. The Atchison Company also binds itself not to discrimi-nate in freight or other charges, in any manner, to tbo injury ofthe Denver & Rio Grande Company, and, where traffic can becarried at the election of the lessee, it shall be transported bythe shortest line.

The rental is to be paid by the month. When the AtchisonTopeka & 8anta Pe takes possession of the leased road, it is to

pav the Denver & Rio Grande, for the fuel, material and otherrailway supplies on hand, a sum to be agreed upon by two per-

sons, one to be appointed by the president of each road, 'This

sum is to be applied by the Denver Company to the paymtntofany of its debts, exclusive of stock, in excess of $33,664 per mile.

The Denver & Rio Grande engages to deposit the money receivedfor rent with the U. S. Trust Co., or other trust compauy, in trust,

for the payment of interest on its debts, exclusive of stock, goingto make up the sum of $33,664 per mile. If any surplus remains,it is to be applied to the i>ayment of such debts and liabilities in

excess of the sum of $32,6(54 per mile, until fully satisfied, afterwhich the money may be used in the redemption ami cancelationof the D.'nver & Rio Grande first mortgage bonds. No provisionof the lease is to be abrogated or modified unless with the formalwritten cocsent of the trustees of the present mortgages of theDenver & Rio Grande Railroad, or of holders, duly evidenced as

such, owning or representing at least $3,000,000 bonds.All the litigation between the two companies is to be aban-

Idoned, and the Denver & Rio Grande Road is to ba extended to

tlie San Juan silver mines, and through the Grand Canon of theArkansas Valley.

Atlantic Mississippi & Ohio.—The case of foreclosure cameup in the United States Circuit Court at Richmond, October 23,

before Judges Bond and Hughes. The decree applied for by the

Trustees of the Atlantic, Mississippi & Ohio consolidated bond-holders asks for the sale of the whole line and its pioperty as anentirety, subject to liens of the several divisional bondholders,and after the payment of receivers' and other outstanding indebt-

edness, the remainder of the proceeds to be divided among the

holders of Atlantic Mississippi & Ohio consolidated bonds. TheDutch bondholders, representing $3,000,000, oppose the sale of

the road, asking to become parties to the suit as defendants. Thislatter question was argued at lenj;th and submitted to the Court.

The total amount of consolidated bonds of the road secured by themortgage under which the proceedings are now instituted is

$5,470,000, with interest overdue to October 1, 1878 of $1,695,289.Subsequently, the Court considered the petition of H. R. Stewart,as holder of certain certificates of the Virginia & Tennessee rail-

road, the object of the holder of said certificates being to havethem recognized as a lien superior to that of the Atlantic Missis-

sippi & Ohio mortgage. Other holders of the same cettificates

viere represented by counsel, and this cause, which is known bythe title of Francis Skiddy et al., Trustees, against the Atlantic

Mississippi & Ohio Railroad, was also argued and submitted to

the Court.

Chicago Burlington & (Juinoy.—Statement of earnings for

the month ending August 31, 1878, and for the year 1878, to

August 31, compared with the corresponding time last year:

Month end'gAng. 3', '77.

$',330,S48 Inc. .$301,958

574,391 Inc.. 1C5,4S8

755,857 Inc.. 196,530

GENERAL INVESTMENT NEWS.

Atchison Topeka & Santa Fe.—Denver & Rio Grande.—The<!0n ract f lease of the Denver & Rio Grande Railway to theAtchison Topeka & Santa Fe Company was signed by the officers

of both companies on Saturday, Oct. 19. By this agreement the

Month end'gAug. 31, '78.

Gross earnings $l,ti.3-2,207

Ejpen.es 079,329Nettaruings 954,377

Eight months Elsht monthsfrom Jan. 1 from Jan. 1

toAugSl,'!8. to Ang.S1,'77.Passenger $l.f,r],171 gl,561,.549 Inc. $9,621

Freight 7.106,764 5,740,754 Inc..l,3bi>,009

Mairand miscellaneoue 316,489 329,292 Dec. in,602

Grossearnings 8,996,424 7,«31,596 Inc..l,?B4,8l6

Expenses 6,005,432 4,3S&,698 Inc.. 675,740

Neteamings 8,980,992 3,301,904 Inc.. 689,068

October 20, 1878.] THE CHRONICLR V6i

Chicago ft Eastern IIIinolH.—The annual m«etina o( the

•ocklioldera of iliU mllrond, formerly (he Chic. Dauvllle & Vln-

'iin<-^, was hi<l<l rrcnntl; in Chicago. The annual re|)i>ri wanibmitifd. It hliowed that the ({roas earnioga during the past

ar wiTc !|;7Nt..''.."i5. Operating exponaea, etc., 1550,030. NetMrniu>rs, $2-.;;),.'i;tJ.

TliH following directora were chosen for the ensuing year : F.

^\'. Huiilekopor, ChicaKO ; Franklin II. Story, Boston ; 0«orgeiV. Uill, Worcester, Ma8«.; Thomas \V. Shannon, John W.Brook-uan and Henry U. llnmmond. Now York ; C. E. S:evens, Bog-

nn; Joseph O. Knglish, D.^nviIle, 111.; T. P. Lsonard, Springfield,

HI. Suhiiequently the directors met and elected the folloiring

illlcers: F. D. Huidekoper, President; A. 8. Dunham, Secretary

inil Oeueral Ticket Agent ; J. C. Calhoun, Treasurer ; Q. S.

I.rford, Superintendent ; and Robert Forsyth, Oeneral FreightAgenl.

Oas Stocks niid Electric Light.— .'V lecture was deliveredately by Prof. Morton at the Stevens Institute, Uoboken,:i ilie elecric light. Mr. Morton said but little of ther!^cticability of bringing the light into common use in place of

: iM and oil, and hia remarks on that point may be condensedirom the Tribune report as follows :

'• Everybody knows many of the uses to which this has beenilreaiiy put. The illumination of large workshops, of publicauilitings, places of amusement, gardens, and the like, is undoubt-

iljr an accomplished fact, snd this u«o of the electric light we•I confiJent will largely extend. But it has been suggested

..lat more than thi.i will soon be reached, and that the electrictight will take the place of other sources of illumination—gas,(or example—in private houses. It would be very foolish for anyone to attempt to predict what may or may not be accomplishedin the future, bat in such a case as this we may at least look backIt the past and see what has been the history of the same thing,uid judge Bometbing of future probabilities from past experi-ences.

" This idea of dividing the electric light in the sense I havejustnoticed is no new notion. At least twenty years ago it was notonly thought of, but believed to have been accomplished."For example, a paper read before the French Academy by M.

Jobart, a member of the Academy and a man of high scientificreputation, on the 37th of February, 1858, stated as follows

:

"'I ha.>iten to announce to the Academy the important discoveryof the dividing of an electric current for lighting purposes. Thecurrent from a single source traverses as many wires as may bedesired, and gives a series of lights ranging from a night lamp toa lighthouse lamp.'

'He then goes into many minute details, describing how asny as six lamps were operated in his presence from a battery

ot cue dozen poles and cells." » » * "Here we have no predic-tions as to what was to be done in the future such as we havelately been favored with, but statements of what had beenaccomplished

; and we may even say that in this case the finalitest of the pocket had been applied. This light seems not tohave been extinguished, but we fear that some electric lights thatgo into pockets may never come out again. This was twentyyears ago, and these promising experiments, as we all know,reached no successful result. I would by no means, however,have it inferred that better success can never be attained. On"the contrary, there are several very promising directions forexperiment, on one of which, no doubt, Mr. Edifon is at presentembarked; but the difierence between a promising line of experi-ment and a successful result all the world's history teaches us is

often a distance of many years, to say the least.

Hartford Providence & Fishkill.—New York & New Eng-laad.—In the United States Circuit Court at Hartford, in thesuit of the New Tork & New England Railroad to obtain posses-sion of the Hartford Providen-?e & FJshkill Road, Judge Shipmanmade a final decree, granting immediate possession. TheTrustees of the Hartford Providence & Fishkill mortgage of$2,000,000 accordingly transferred the property to the New York& New England Road, and it is now operated by the company.The 1500,000 mortgage bonds held by the City of Providencehave been paid by a payment into the city treasury; but it is saidthat the bonds will not be surrendered till tlie pending suits asto ownership are settled. All the floating debt has been paid,*nd cash deposited in bank to pay the bonds not yet presented.

• The N. Y. J'imes despatch states that the New York & NewEngland Railroad Company has now a line of 150 miles, fromBoston to Waterbury. It also obtains control of the ProvidenceDivision, from Willimantic to Providence, 58 miles; also, ofthe Boston & Woonsocket Road, 3i miles, and the Stockbridge.Branch, 18 miles, making 300 miles in all. It leases, besides,(the Norwich & Worcester snd the Rhode Island & Maes. Roads.'The corporation has out $8,400,000 of bonds, covering all

I

its possessions, including the uncompleted portion of the road'between Waterbury & Fishkill. Mr. Clark, the manager, saysithatuomore bonds will be issued, except for the development

II

of the line westerly, and that it will require only about CO days

J

to pat the road in running order to the Hudson River. It is not

I

probable, however, that anything will be done before spring.

J The amount of bonds the company has the right to issue is $10,-

f 000,000. Old Berdell bonds are now convertible into stock of thenew company, and were Belling to-day at 31i in Boston and 33 in

J

New York. Six months ago bonds sold for 11. The managers,j*xpectina few days to put on through trains from. Bos'on to

/ Hartford, and connect here with the New Y'ork New Haven &Hartford Road.

! Providence, Oct. 18.—The New York & New England Bail-

! road Company today paid into the City Treasury the money to

I

redeem the bonds of the Harllord Providence & Fishkill Railroad,

and took • recalpt, Tlie boada will sot h» mtnaUni uUl th*pending suits are determined.

Illinois St St. LoaiR Brldge^In tha V. 8. Clreull Court ttSt. liouls, Judge Treat ha* made a deerae foreclosing tli« flrttand second mortgagea and the Hopplamaotary mortgaKu on thaIllinois & St. I,oul» Bridge, and all iia property and franchliaa,on the 20th of December next, nnteaa tha jadgmeota bernioforarendered, amounting to over $7,000,000, shall ho paid witblo tandays from the date of decree.The suit, the St. Louis 0M>« Democrat reports, was In the

names of John Plerpont Morgan and others, against the Illlnoii kSt. Louis Bridge Company, and there la a croaa-blll of John A.Stewart and Solon Humphreys, truateea of tha flrat mortgage,and a cross bill of Solon Humphreya and John A. Stewart,trustees under the second mortgage. AH the parties In Intereatwere represented In the trial, all desire the sale of the bridge,and the sale will convey a full and clear title to all the property,franclilaes, etc., inclading a number of valuable lots and parcelsof land in this city and East St. Louis.The decree sets forth that on the 17th of October there waa

due to John A. Stewart and Solon Humphreys, truateea underthe first mortgage, the sum of $4,006,571, In gold coin of theUnited Slates, which sum la ordered to be paid within ten dayafrom that date ; or the subsequent mortgagees may pay the alraveamount within ten daya, ana in the event of non-payment theequity of redemption is forever barred and foreclosed!That on the second mortgage bonds there was due to Stewart

& Humphreys, trustees. $2,000,000, gold, which, with ln>ereat,now amounts to $2,503,253, and if said sum is not paid withinten days the subsequent mortgatcees may pay, and in default ofpayment the equity of re(\emption shall be forever barred andforeclosed.

That a third mortgage was executed on the 3d March, 1874, toHumphreys, Taussitr & Vull, and on the 1st January, 1875, afourth mortgage to Humphreys & Stewart.That in default of the amounts directed to be paid within ten

days, it is ordered and decreeil that the bridge, its approacbeaand appurtenances, franchises and other property included in thefirst and second mortgages, and the lots mentioned in the supple-mental deed of trust, shall be sold by Ezeklel W. Woodward,Commissioner, as an entirety, at the east fr-mt door of the CourtHouse, in the city of Si. Louis, on the 20th December, 1878,between the hoars of 12 and d o'clock. The purchaser to paydown $30,000, gold, on striking off the same, and if not paidwithin an hour the property to be put up and sold again.

TERMS OF SALE.

On confirmation of the sale by the Court, the purchaser is to

pay, first, the costs of the suit and the expenses of the sale; alio,

the outstanding debts, etc., as certified by the commissioner, thatis, about 1370,000, more or less, in gold. The balance to be paid,

in cash at tue confirmation of the sale; but if the purchaser la abondholder, he may turn in his first mortgage bonds at such rate

as their face value bears to the entire debt due on the first

mortgage, and pay the balance of the first mortgage bonda in

cash, at a similar rate. And if the purchaser be a bondholderunder the first mortgage, other bondholders may come in as Joint

purchasers on the same terms. If the bid amounts to more thanenough to pay the first mortgage, the balance goes toward thepayment of the second mortgage, and the purchaser may turn in

second mortgage bonds after paying the first mortgage bonds.

The Commissioner is to advertise the sale in a St. Louis paper,

and also in a New York paper, and is to report the proceedings

to the Court; and whatever he does is to be subject to theapproval of the Court.

—The earnings and expenses for each of the three years endingon April 30, 1870, 1877 and 1878, were as follows

:

, For he years ending >

1876. 1877. 1S78.

Earnings t<l8,il6 |»^5.0M tMO.tMExpends 88«.lll «1,«7 «l,00»

Notlncome '. JlM^isS $419,777 $«19,9M

The above statement of net revenue for the paat two yeara

shows a balance of about $220,000 for each year, equal to a pay-

ment of 7 per cent on $3,113,850.

Indianapolis Blonmington & Western.—Receiver WrigUfareport for September is as follows

:

Balanre, September 1 ^S^Receipts ITI.IM

Total ^"^"JDlebursements in,oM

Balance, Octl »60.*»

The diabursementa exceeded the receipta by $2,063 for the

month.

Kansas Paclflc-Sx. Louis, October 22.—Sylvester T. Smith.

Auditor of the Kansas Pacific Railroad under the late receirera.

was appointed receiver of that road by the United States Court

tsday. vice Carlos S. Greeley resigned, and H. Villard removed.

The general outlines of the committee's proposed plan of

re.organizition was referred to last week. The pamphlet report

of the meeting of the Denver extension bondholders keli on the

18ih inst. supplies the following details.

The plan approved by the Committee of Three, Messrs. Meyer,

Rutten and Eadicott, has regard to the condition of tbioga thnl

will exist in 1806, and alms so to arrange the reorganization of

the new company that its future credit and proapority will be

now placed upon a secure basis. The committee recommend the

following plan : The road shall execute a new mortgage to tha

Trust Company, as trust- e, having forty yeara to ran. th»^,

bonds bearing 6 per cott interest per annum, principal and Inter- ,

436 THE CHRONICLE [Vol XXVIl.

est in gold, for |25,000,000, the bonds to be countersigned by tbeTrust Company tor the following purposes, aud no others

:

1. To the holders of the present Denver Extension 1 per centbonds, bond for bond, say $6,379,000

3. For the $3.t certificates, having the same lien as the 7 per centDenver £xtenBion bou s, the same proportion of new bondsand of income bonds, about five-sixths of $4 ,0,000. 375,000

3. In ee'tlf^raent with the holders of the unstamped mcprae bonds,fuch amount &> may be agreed upon, incase their bonds proveto be a pri(}r lien ,„,

4. To provide means for paying the expenses of foreclosure pro-ceedings and cost of rc-orj;anization, if uo other means shallbe available .,,.

5. In case an arrangement should be made with the holders of theLeavenworth Branch bonds after foreclosure, such amount aamay be agreed upon

These are all that would be issued at present.

6. Such amount as may be necessary to take up the interest certifi-

cates due 1886. amouniing to $850,905. If the U'^w bonds atthat time will bring only 95 per cent, this would require 900,000

7. Such auiount as may be required to furnish the means for re-

demption of the Eistern and Middle Division bonds, maturingabout 1696. At that time the proposed sinking fund ought togive them a credit that would malce them sell at par, 88^ 6,303,000

8. Snch amc'Uot as maybe required to pay the Government lien doein 189B 6,30?,OO0and balance of interest, perhaps amounting to 3,i00,00Oassuming that the consolidated bonds will then sell at par.

It will be observed that this scheme does not propose the issusof a single bond for any purpose but to provide for the DenverExtension bonds and liens prior thereto, with the exception of

the small amount that may be required in case of liability uponthe unstamped income bonds, and in exchange for the Leaven-worth Branch bonds, if satisfactory terms shall be arrived at, andfor procurement of funds for the expenses of forecloeure and ro^

organization ; and that the greater part of the issue will have noexistence until 1896.

To insure a standing that will enable the company to

sell the large amount necessary in 1896, and also to at

once place the new issue of 6 per cent bonds in high credit,

it is essential that a strong sinking fund be establishedas soon as possible, in order that the company may profit

by the advantage of compounding interest for a longterm rather than a short one. It is proposed, therefore, to

apply the first surplus available, after paying all interestcharges and putting the road in good order, to the extent of

$600,000, to the purchase of the new consolidated 6 per centbonds, the same to be placed in the sinking fund, and theinterest therton to accumulate and be constantly invested in thesame bonds. Also, after the payment of $600,000 shall havebeen made, a payment of f50,000 shall be made every six monthsto the sinking fund, if the earnings of the road are sufficient,

after paying interest upon the first mortgage debt, to be investedin like manner.The following estimate will show the probable accumulation

of this sinking fund :

$600,000, with, say, an average of 15 years' compound interest |1,4 0,000$100,000 annually for 13 years compound interest l,H5i!,0i:0

$3,3ii,fiOOsappcelng the bonds to be bought at par.

Whenever the sinking fund shall be sufBcient, with the subse-quent accumulations of interest, to discharge the whole debt ator before maturity, then no further payments shall be made tothe sinking fund.The interest cherge upon the company will be no larger than

at present until 1896, being as follows :

C per cent on Eastern Division. $2,210,000 $134,4i'0

6 per cent on Miadie Division, t4,OK.3,000 i4 1,1806 per cent on interest c^'nificatei', $850,905 81,054e per cent on consolidated bonds, $7,800,000 . . 452,000

Absolute interest charge , $861,j34

laeome Bonds.—For the overdue interest, funded or unfunded,upon the Denver Extension bonds, now amounting to $1,795,-178 18, and which will be increased by any furtlier delay inpayment of interrst, it is proposed to give Mortgage IncomeBonds, having forty years to run, entitle4 to 6 per cent perannum, such interest '.o be cumulative, and no dividend to bepaid upon the stock until all arrearages of interest are paid uponthe income bonds. To create a sinSing fund, for the retirementof income bonds, tlie Deliver Extension lands, with all contractsof sale for the same, and all sums of money hereafter receivedfor account of sales of said lands, shall be mortgaged to trustees,the cash proceeds thereof, after paying all expenses on accountof said lands, including taxes, to be devoted to the purchase ofincome bonds.

Stock.—To compensate the Denver Extension bondholders forthe reduction in the rate of interest from 7 per cent to 6 per centper annum, and for the delay in the payment of interest uponthe income bonds, a suitable allotment of stock in the new com-pany should be made to them.

Resolutions were adopted approving of the plan and continuingthe committee of three witli full powers to act in all matterspertaining to the purchase and re-organization.

Montclalr & Greenwood Lake.--Thia road was finally soldin foreclosure Oct. 12, and bought, as reported, in the interest ofthe New York Lake Erie & Western Railway. The N. Y.?Yw»e« gives the following version as furnished by a gentlemanfamiliar with the facts :

" The bargain was consummated at thelast moment, late on the afternoon previous to the sale. No for-mal action had been taken by the officers of the Erie Company,but it wag regarded as exceedingly important that the propertvshould not go into the hands of any rival corportation, as anextension of the Montclair Road to Goshen would be severalmiles shorter than the Erie route, and would seriously interferewith the latter's local business to that point. Formalities weretherefore waived. The check of the company was given for the

road in lieu of one that had previously been prepared by Mr CyrusiW. Field. The amount was $156,000. By the terms of the!bargain, the company also purchased the following first mort-1gage bonds at 50 per cent of their par value, with the 5 per cent*paid-up assessment added: Cyrus SV. Field and his nephews

'

$175,000 ;Arthur W. Benson, $100,000 ; M. K. Jesup Paton &i

Co., $80,000; W. C. Sheldon, $20,000; Abram S. Hewitt, $70-1000. This brought the total cost up to $450,000 and gave thelErie Company the majority not only of the old bonds but also ol'

the proposed new issue. There is considerable ill-feeling amonjthe bondholders who were not admitted into the arrangement, anc'they are outspoken in accusing the members of the Purchasing'Committee of having taken advantage of their position to unload'their bonds without notice to their fellow-bondholders, in whospinterest they were supposed to be acting." * * * «

"To understand the situation more fully, it is necessary to knowthat the Montclalr Railroad only ran to Penhorn Creek, on thi'

other side of Bergen Hill. The Midland Railroad also terminateinear the same point. Mr. Tilden and the other officers of thi

two roads were the fortunate owners of about a mile and a halof tracic known as the Hudson Extension, and they were the

Hudson Extension Company." * * * •' It is supposed that thi

Erie Company will extend the Montclalr track in a southerl'direction across the marshes to its main line, and thence througiBergen tunnel to the Erie depot at Jersey City. This wilrequire only a quarter of a mile of track, and will destroy thi

usefulness of tha Hudson Extension Company's line, except ei

far as the Midland Railroad is concerned. It is estimated tbafully one-third of the expenses of the Montclalr Road were fo

terminal iacilities, and this will, of course, be saved under thi

new management. The Erie Company also provide by the parchase against any development antagonistic to their interest!

on t' e west. It is generally considered a good thing for thento have done."There is a question as to the value of the old second mortgag

bonds now. M'. Field thinks them good, and has paid tb

assesjiment on those he holds. Mr. Hewitt, on the couTrary, sav

they are valueless. Mr. Tilden seems to be of a similar opiniotas lie has not paid the aesessment on his holdings. The purchafing committee have issued a circular to the bondholdersnotifying them that the road has been bought in 'in thei

interest for $156,000; that re organization can be effected insid

of ihree weeks ; that the new fecurities are being prepared to

delivery, and that the road has been paid for and the deed passeand recorded.'

"

—The new owners of the Montclalr & Greenwood Lake Kairoad are to meet next Wednesday at Jersey City to elect a boarof nine directors of the new corporation, which will be orgauiz,'

under the General Railroad Law of New Jersey.

N. T. & Oswego Midland.—A meeting of representatives o

the holders of receiver's certificates and first mortgage bondholders of the New York & Oswego Midland Railway Companwas held this week. Out of the $1,352,555 of receiver's certif

cates issued, about $850,000 were represented at the meetinjThe first mortgage bondholders were represented by Mr. C. ^Jordan and Mr. N. A. Cowdrey. The object of the meeting was t

come to some arrangement between the holders of these respei

live liens. Mr. Stevens suggested that the road should be put i

thorough repair, and steel rails put down instead of the iron onei

Part of this expense could be met by the sale of a number (

engines that were unfit for service on the road. He submittedcondensed statement of earnings aud expenditures for the thre

years of his receivership. From this statement it appears tha

the excess of expenditures ovsr receipts in 1876 was $91,303 21

in 18J7, $12,026 21; and in 1878 (estimating for September$2,071 13. Mr. Stevens also submitted a report showing th

total amount of certificates issued by the receivers to dat

as follows

:

For vendors' liens on rolling stock purchased by the company $1.11,1'

For nutal of Utica and Rome railroads JlM,!*

For labor due employees of coxuiiaiiy 411,7'

For labor due employees ©f receivers 141,'lt

Total |l,:i6«,5;

Interest on above accined to October 1 415,3;

Total $1,767,8:

In addition to the above, there are outstanding receivers' not''

given for supplies amounting to $120,000, and bills due whicamount to about $50,000. The receiver also submitted a detaile

statement and analysis of the earnings and expenses of the roa

for 1877. He estimated the gross earnings from January 1 t

Septeaiber 30, 1878, at $558,000, and the operating expenses fc

the same period at $518,000, leaving a surplus of about $40,00(

He stated that all surplus earnings had been expended i

improvements on the property, wiiich, he said, was now in

much better condition than at any previous period of its existena

Mr. Stevens said that he thought that the future of the road di

not depend upon through business, which might be obtained b

connections or extensions, but upon the development of loa

traffic.

Mr. McDonald said the total indebtedness for rolling-stock an

lai)or was $1,767,892. Mr. Cowdrey said the first mortgacbondholders were willing to concede to the holders of receiver

certificates a priority on the property of the road to the amounof its income—to give them preferred stock that will entitle tbet

to the entire income of the road up to say 5 per cent. Mr. Job

Davenport, of the First National Bank of Richmond, whrepresents perhaps the largest Interest of the certificate holder!

said tliat he was willing to effect a compromise on the basis of

per cent the first year, 3 per cent the second year, and so on unt

7 per cent was reached. Finally, the following resolution waadopted

:

OOTOBKB afl. 1878. THE OHHONICLR 437

i,M,liMl Th«t this mdlnit Mlcol Xy balint. toUok iccoMIng to th«lr

'

, 'v to c^nfiT with the coiiimltli'.i nf flri>t miirt({«K« hoiicl.

..ii»thli- St >""ii« iiiirl"Miii\r «nil Katiiifurlory «i(.c;nriii'iit

P",, ,, IV Y.)ru' A OnwcKi) Midland l{.illw«y propeity msir bo

if.ii.f..rria I" ih- iKiH.ln ..r Ih,. p-TH,)..!. whn ,iro tl.o real owners nnnioly. a

,n?«i^rn. n,ny In which th«; .h.ll h.. r,.,.r...nn;.;<l ; and ih«i aft.r »nch

'Sn?^.. "'whlrhlho pr.'Si-nt -ociirlty hol,l,.r. .hilllo properly r,,i,rci<«i.le<l,

: ,. nppiiri'd hy tho »ild caniiilUi!". lo ho Buhiuiited to Iho

"

I

^.r'l. (i-Mlflrain* for i.1lmi«Iiu.-, ombodylnu i-uch plaii« an miiv"','

„nd tho Hiid commluoo »h«ll approvo and that Iho »alr

'vimnillUM' Irn.' !" n"»"-r m maKo ay air.om.'tit. and thov bo nqucsled

'oMbmlt m. plan which does not rorojinlzn ih.. rlRhl of Iho ccrilflcve hol.lcri

olh p:lnrlli e«ial.ll-hod In their favor hy th« docroo; and to report at a«

, .'va«po««ibloat a moctinx to bo called of tuo holdora of receiver'.

, I,.- (ollowinir coniinittBo was Hppoinled: W. 11. Wickhara,

omac nicmion, Win. H F.-nn6r. O. H. Williaraa, of Clinton, N.

,1 ,1m Davenport, \V. O. McDdwell and W. C. Whitney. 'Ilie

- then Bfljourned until Friday.

illDg to tbe decren of tlio United States Circuit Court for

hi! Soutliern District of New York, the receivers' certificatea are

Hn\ liens on tlie property of the New Vorli & Oswego Midland

Railroad; but an appeal by first mortgage bondliolders is now

penrtintf in the Supreme Court of the United States ; and the

.-nlidltv of some of the certificates la contested.

Ohio A Mississippi.—Mr. John Kinjr, Jr., receiver of the

)hio A MisaiKsippi Railroad, has filed the following, as his

September report, in tbe United States Cour;:

Rioiirta.

-lonhatidScptcmborl... tlMllS 551 fmm ftation adonis aliiS^S «i

1 roii.Uli-tor* 4,814 SO

iMlUidnsl ral.road companies, o:c 59,551 34

. express companies 8^ ^

ToUl |t3«7,956 57

DISBUnSSHENTS.

• OBChcrs nrlorti November 18. 1818 $716 ISO

\n»araire» prior to November 18, 1R7« _. .P °*•..., .I,.,,. .,.!,.,. .„,,„ni. to November 17. ISifi St5,48*i 1.1

nt to November 17. 1816 12,653 67

luent to November 17, lS'i6 6HI 67

,.„.,.,.,... i.;.i!>bcr 1, 1878J0,86277

Total $3S7,956 i7

Oregon & California.—A meeting of parties interested in

'» concern tooli place at Frankfort recently, at which |3,81!,-

i of bonds were represented. After some explanations

-iiisbed by Mr. R. Koebler, the first resolution of the committee.

fUthorizintr the purchase of the Oregon Central Railway by

aeans of the option tliey dispose of, was adopted by 2,750 votes

^ioat 234. The second resolution, respecting means and ways,

»as adopted by 2,645 votes against 109.

I'aris & Danyille.-Champaign. Oct. 24 —The Paris & Dan-

le Railroad, extendinir from Danville south through Paris,

.larsball, Robinson, and other large towns, to Vincennes, a, dis-

ance of 113 miles, was sold yesterday at Paris, under a decree of

oreclosuro of the United S'atea Court. Charl°s Ridgley was the

orcbaser, for tbe sum of $301 000. It is understood the Wabash.ailroad and tho Cairo & Vincennes railroad companies are

rsted in ih" purcliase. It has been for some time In the

Js of J A. Eads, as receiver, who has his ofiice at Paris.

:'onnsTlyanla Railroad.—The following statement of the

-mPB" "of all the lines of the Pennsylvania Railroad Company•»al of Pittsburg and Erie, for September, 1878, as -comparedirith the same month in 1877, shows

—

"Crease In irross earninE;9 of ^'11' mocre'ise in expenses of li,iii

A decrease in not earnings of 813S.5S0

The nine mouths of 1878, as compared with same period In

i\v

—

' in gross earnings ofcl'I'fo.*

'^...j in expenses of SM.iSa

An Increase In net earnings of 81,368.292

\il Hues west of Pittsburg and Erie for the nine months o'•< show a deficiency in meeting all liabilitjea of |391,063,

u;;^ a gain over the same period in 1377 of $23.5,904.

I'lliladclpliia & Reading.—A comparative statement of gross• ipiH, tonnage and passengers of the Philadelphia & Readingroad Company for the month of September is as follows:

eaOSS RKCEIPTS.

1678-

Mon'li.-"ad trafflc $67i.n:J^'. trafflc .Vi.nMi

ncoMers 38,334:noud coai ba^es ll,0;i

,'iul Ballroad Co $7TJ,4S0,:-eadlng Coal and Iron Co. 613,«66

Fiscalyear t'» date,

j8,9r7 m)640,964417.02979,(M1

Month.$1,881,581

iio.isas

4-2.202

12,748

l-lSCal

year to date.$9,,S;7,W5

7S5,t23sai,";*102,819

$10,144,4256,102,175

$l,527,4-;9

, 1,142.705

Total of aU.... ..11,101.747 $16,296,9€0

TOHHAOE A*J) PinSKNelBS.

$11,277,766r,»S8,62l

$a,o70,144 $19,201,390

^ii of coal on railroad.,oniof merchandiseasaengers ca: riod^ trataii'ted by steamjcolllera

3S7,sa926i.3i96J3,6/4

4.409.9992.6»<,!'87

5,3.13,971

49,!18 484,720

TONS or GOAL MINED.f^oal and Iron Co.nants

otal mined from lands«wned and controlledby Company and fromuehold estates

139,7.H6

63,079

202,(16

2,049.749SiS.KSS

»,87J,5:8

8M.116287.5f>2

682.731

5.'),971

419,602160,9^1

aao,s3S

^.78n.8W2,598,9045,572,991

482,947

2.980,378l,0t9,.'47

4,070,336

Tbe reduction of receipt* li don to ibe reittrletlon o( loti pro.ductioo, the mines harlnir been woriied but aio* <Uye io Sep.tember, 1878, aKalnat a full month Id 1877.

Railroad Kates In Kngland knil (he Unltnd RIaUw.—Atthe half. yearly meetlog of tbe (treat Weetero Killwar Company,of England, receotly held in London, a reference was loede tothe passenger rate< on a portion of the lloea of that cnropany.which shows that charges on many Amrrlcao railways are lowerthan the corresponding charges oo Kngllsh linen, or, Indnwl, oatbe lines of any other exteoaive railway lyatmn In Ibe world.The circular of Messrs. Satterlbwa'te Si Co. ouaameota ••

follows :'* The rates on the Great Western arn, therefore, Io

American cnrrenCT, about ^\li for Brat.class aecommodatloDS, orat tbe rate of about 'U^ cents per mile; for eeeoud-elaaa *rr)e*$10, or at the rate of about 4 1-8 cents permile; and for ibird-elaMaccommodations, $7 35, or a llttld more than 3^ ceoM per mtla.These charges are much hieher than those commonly impoeedupon tbe railroads of the New Englan'l, Middle and WesternStates, which h&ve a considerable paseenger tralHc. The conlraatis especially striking Iwtween tbe cost ol travelling in AmericMtsleeping or parlor cars, which undoubtedly furnish accommo-dations that are, in many respects, superior to those obtained bythe passengers who travel in the first-class English cars, at leas

than one-half the money demanded for travel in the flrtt-clasa

carriages of the Great Western ; but even the rates charged forthird-class passengers, of whom there were sixteen millions dur-ing the last half-year, are far above tbe average rates prevailing;

for the best accommndallons Am, railways a0brd. Thi ErieRailway, for instance, iu Its last report to the New York StateEngineer, stated that the rate of tare for pasaengers charged for

the respective classes per mile Is as fo lows : For Brst-claa*

throun^h passengers, 1 49-100 cents; for first-class way passen-gers, 3 2-100 cents ; lor commutation passengers, 75-100 cents; for

emigrant through passengers, 1 71-100 cents," Tbe New York Central returns were as follows: For finit-

cla=s through passengers, 1 87100 cents ; for flratclasi way pas-

sengers, 2 and 2 50 100 cents; for second-class through paasen-

gers, 1 58100 cents ; for secoud-class way passengers, 2 cants; for

emigrant through passengers, 1 l'.2-100 cents ; for emigrant waypassengers, 1 25100c«nt«."The report of the Pennsylvania Railroad Company, made to

tbe State of Pennsylvania for the year 1S78, gives the following

returns : For first-class through passengers, 3 5-10 cents ; for first-

class way passengers. 3 cents; for second-class through passen-

gers. 2 cents ; for emigrant way passengers, 1 6 10 cents.

"The charges for carrying freight, per ton, between Philadel-

phia and Harrisburgb, a distance of 112 miles, nearly as great as

between Derby and London, are as follows: First class, $6;second class, $5; ihird class, $4; fourth class, $3; which, it will

be seen, are much lower than the charge for the corresponding

service on tbe Midland road between London and Derby, even if

the •' small wares " spoken of are rated as first-class freight.

The contrast for carrying freight between competitive piints is

still more marked. The rate per ton between Manchester

and I>ondon, a distance of 190 miles, allows the English

company a trifle more than 3i cents per ton per mile, and it is

only a very small proportion of the through or competitive busi-

ness of American railways on which such rates are imposed.

The rates on first class freight from Pbiladelpbia to Pittsburg,

a distance of 385 miles, or nearly twice as great as the distance

between London and Manchester, are only $7 40 per ton, or less

than 20 per cent higher than the charge referred to as one which

makes an injurious discrimination against the town of Derby, for

transporting freight for 190 miles. In the west-bound competi-

tive freight ssnt over the long distances between the Atlantic

seaboard cities and important western points, many instances

doubtless occur in which first-class gioJs are carri>d ten times

the distance between Derby and London for not more than double

the charge per ton made for conveying goods between these points.

The east-bound freight tarifl's, generally speakmg, are infinitely

lower than the charges fur west-bound services."

St. Louis Alton & Terre Haat«.—A meeting of tbe first mort-

gage bondho'ders oi the St. Louis Alton & Terre Haute Railroad

Company was held at the company's offices. No. 12 Wall street,

for the election of a trustee in the place ol the late Robert

Bayard. Mr. John S. Barnes, of the firm of J. S. Kennedy &Co., was unanimously elected for the unexpired term.

Wabash.—The following is an abstract of the report filed by

the Wabash Riiiiroad Companv by order of the United Sutes

Circuit Court at Springfield, 111. The report covers four montha

of the current year's business—May 1 to August 31 :

Gross earnings fcr four months 'JS^UJOperating' expemes 1.24a.7M

Net earnings for fonr months ... •—The pavmcut^ except for operalIn« expenses for tbe same Mme,

were reported as follows; Ml ISI

$«>1.»T»

Fi>r rtntalaTaxe- and innu'-anco. 6e,«»5

O account of Wabash Kqnipinen't Co SJ-J™I'urcbiiseofP L P. Co. cars "«»rutchase of Madlsou Co. KB fcocosInterest on funded debt '

$ua,ltS

PaymoLU over not earnings '"Il "VT

Washington City Virginia Midland A ttreat Sonthern.-U

was stated in tbe last Chroniclb that the WjJP"" ?» '»".^"^^g& Alexandria U. R. were be'ng paid; but it should be understood

t^,at the July, 1878, coupons of the Orange A'""-!'!' *Manassas Road are not being raid. The 1 tier road '• l-""^**

the Bait. & Ohio Railroad at $S9.250 Bold p«r annum-8 par cent

on the Ist mortgage—and a few days ago an order was made by

°he wVrt that the lease money be applied to past du. coupons.

II

438 THE CHRONICLE. [Vol. XXVIl.

CoSSEKcIlLrEPIToEFriday Night, October 25.

We have had this week more seasonable weather, frosts havingextended to Southern latitudes, and the air is clear and bracing,

yellow fever is consequently near an end in the Southwest, at

least so far as it has any commercial significance. The dis-

turbed condition of the money markets, at home and abroad, is

also much abated. Thus most of the obstacles to mercantileactivity, which have been felt more or less, are removed. Butprices of staples of agriculture have declined to such low figuresthat the profits of growers are largely swept away, leaving themwithout means to purchase goods to the extent they otherwisewould. Therefore the early promises of the autumn season arenot likely to be fully realized, and the prospects of the immedi-ate future are less flattering. Still, it should be remembered thatno crops were ever grown in this country at a less price.

Pork and lard have shown weakness from day to day, and at

the close quite broke down under the tenor of Western advices.Old mess pork closed with free sellers at $8 25, and there was apressure to sell for future delivery, which carried prices diwu to|8 05 for November, and |8 15 for December. New for January•was offered at $9 40, with bids reduced to $9. Lard declined to|6 40 for prime Western on the spot, with closing sales for futuredelivery at |6 37i for the next two months, $6 45 for January,and $6 52} for February. These figures are their own comment.Bacon has ruled dull, and Western long cl«ar sold to-day forJanuary delivery here at $4 85 per 100 lbs. Cut meats generallyquiet, but pickled rib bellies, medium and light weights, have bada fair sale at 6i(g6ic. Tallow hag been more active, but closeddull at ejc. for prime. Beef meets with some inquiry, and Phila-delphia India mess has sold at |18 50 per tierce. Butter has beendull, but choice grades are scarce and firfh. Cheese was moreactive, and closes steady at 8i@9ic. for prime to choice factories.Kentucky tobacco has been active, the sales being liberal to

fill Regie contracts, but at a material decline in values. Thesales for the week are 1,850 hhds., of which 1,C50 for export and800 for home consumption

;quotations are reduced to 3@4Jc. lor

lugs, and 5^@tlc. for leaf. Seed leaf also more active, therebeing a disposition to close out stocks. Sales for the week are350 cases 1877 crop. New England, 10@25c.; 1,237 cases 1877 cropPennsylvania, 7i@205.; 100 cases 1872-6 crop, New England'12@20c.; 37 cases 1876 crop. State. 7}c.; 93 cases 1877 crop, Ohio^vi@81c., and 434 cases 1877 crop, Wisconsin, 7@llo. The busi-ness in Spanish tobacco has been limited to 500 bales Havana at85c.@$l 10.

There has been little of importance done in coffees, either inEio or mild grades

;prices are without further changes, though

no undue steadiness is noticeable ; fair to prime cargoes of Rioquoted at 15i@10ic. gold ; stock on the 23d inst., 25,580 bags infirst hands. Rice has been in fair jobbing sale at previous figures.Molasses is unusually quiet ; the stock of foreign grades here isof an inferior and unsatistactorv quality, such as buyers neglect;Cuba 50 test refining quoted at 32@33c.; new crop New Orleans hasarrived freely, but is quiet, and quoted at 40@50c., and old 25@40c Refined sugars have been quiet and are quoted a triflelower

; standard crushed, 9Jc. Raw grades have continued dull,and some irregularity and weakness in reported ; fair refiniutrCuba, 7i@7|c. ; good do. , 7i@7|c.

Stock Oct. 1, I8T8 57,878 9,110 79.90i 1 ;(i5Keceipts since Oct. 1, 1878 84.8).^ Il,4a5 147,i!08 '739Salessincc J8,927 11,833 l.i0,407 1,33!Stock Oct. 23, 1878 55,691 9,213 96,706 1571Stock Oct. 34, 1877 62,063 81,333 137,034 i;303

Although the calls for ocean freight room have been rathermoderate, yet in the absence of superfluous offerings, rales haveadvanced a trifle, and are maintained with firmness. Lateengagements and charters include: Grain to Liverpool, by steam,7}d., eOlbs.; cheese, 423. Gd.(g47s. 6d. per ton; bacon, 373. 6d.;cotton, 5-16d., compressed

;grain to London, by steam, S^d.; flour,

by sail, 23. Cd.; do. to Bristol, by steam, 33.; gram to Glasgow, bysteam, 5Jd.; do. to Avonmouth, by sail. 7id.; do. to Cork for orders,58. 74d.@0s.; do. to French ports, Ss. 9d.@53. 10}d.; refined petro-leum to Trieste, 43. 6d. ; do. to Valencia, 43. 9d. To-day, businesswas again limited, but rates remained steady

;grain to Antwerp

or Havre, 5s. 8d. per qr.; crude petroleum to Marseilles, 49. 4d.;do. to Havre, 33. 6d.; refined do. to Cork for orders, 43.; do.to Algiers, 4s. 6d., and 24c., gold, for cases.The movement in naval stores has continued quite limited, yet

few, if any, material changes in quotations can be noted ; spiritsturpentine closes at 28ic. bid, and 28fc. asked; and common togood strained rosins at $1 37i@$l 427. Petroleum was still

dull, with quotations more or less nominal ; crude, in bulk, 5c.,and 9}c for refined, in bbls. American and Scotch pig iron con-tinues quiet, and prices about as last noted. Raila have remainedfirm, with a good business in old iron reported, embracing ful'y5,000 tons here at $18 50@$19(a|19 25. closing at the latterficrures, and 0,000 tons for Pittsburg delivery at private figures.Lead is unusually firm at $3 67|@$3 70 (per 100 lbs.) for com-mon domestic Ingot copper has declined to 15Jc. for Lake, withlittle or nothing doinsr. Hides have been dull and furtherdeclines have taken place. Grass seeds dull at Gf@7-io. per lb.for clover, and $1 15@*1 20 per bu-hel for timothy. Wbi=key.«1 09@$1 10.

^

COTTON.Friday, P. M., October 25, 1878. !

The Movement of the Crop, as indicated by our telegramifrom the South to-night, is given below. For the week endingthis evening (^Oct. 25). the total receipts have reached 162,231?

bales, against 168,233 bales last week, 148,158 bales the previon'week, and 130,990 bales three weeks since; making the total

receipts since the 1st of September, 1878, 848,075 bales, agtdns

'

555,038 bales for the same period of 1877, showing an increase sine

'

September 1, 1878, of 293,037 bales. The details of the receipts foj

this week (as per telegraph) and for the corresponding weeks ofour previous years are as follows:

Keceipts this w'k at

New Orleans...

MobileCharleston ,

Port Boyal, &c.

.

Savannah ,

GalvestonIndianola, &cTennessee, &c-.

Florida

Scortn Carolina.

Norfolk

City Point, &c..

Total this week . .

.

Total since Sept. 1.

1878.

13,985

7,661

26,052198

37,96525,075

643S,28G k

3,188

7,40323,318

8,462

162,236

848,075

1877.

38,523

14,06722,751

59628,13219,879

301

1,519

1987,148

20,534

3,961

157,609

555,038

1876.

42,683

16,034

26,970

3,095

20,896

18,363

6640,584

7287,490

30,108

996

174,01';

807,646

1875.

38,519

14,675

24,152

68130,224

23,024

1,190

7,418

6695,952

22,763

1,378

170,645

740,500

1874.

34,37 I

12,32]

24,62'!

58

34,441

11,83'

39'

i

4,411

58'

1

5,24

20,59

:

67'

150,08

651,25:

The exports for the week ending this evening reach a total o

96,450 bales, of which 69,782 were to Great Britain, 9.650 U

JFrance, and 17,018 to rest of the Continent, while the stocks a;

made up this evening are now 416,540 bales. Below are thi

stocks and exports for the week, and also for the corresponding

week of last season.

Week EXPORTED TO— Totalthis

S<imeWeek

STOCK.

ending Conti-Oct. 25. Britain. France, nent. Week. 1877. 1378. 1377.

N. Orl'ns 5,711 2,554 1,063 9,328 18,862 46,071 95,75',

Mobile.. 5,580 5,580 11,324 21,12;

Charl't'n 12,889 4,009 7,074 23,972 880 79,807 53,77-

Savan'h. 6,308 6,900 13,208 7,843 119,101 60,36:

Galv't'n- 6,122 3,087 9,209 9,690 68,943 45,83:

N. York. 17,507 .... 1,373 18,880 8,105 40,002 36,98-

Norfolk- 9,098 9,098 1,891 21,292 18,461

Other*.. 6,567 608 7,175 3,825 30,000 32,00(

Tot. thUweek.. 69,782 9,650 17,018 96,450 51,102 416,540 364,30ij

Tot. since

Sept. 1. 231,303 17,098 43,956 205,417 158,565" The exports this week under the heHd of -otiier pons" inemae, iroiu Walt)

more, 2,(>i)2 hales to Liverpool and i(C8 bales to M-e i en ; from Borton. 1,h5

bales t i Liverpool : from Philadelphia, 337 bales to Lire pool ; from VVilmingion, 2,282 bales to Liverpool.

In addition to above exports, our telegrams to-night also givi

us the following amounts of cotton on shipboard, not cleared, a

the ports named. We add also similar figures for New Yorkwhich are prepared for our special use by Messrs. Carey, Yale

Lambert. 60 Beaver street

:

OCT. 25, AT-

New Orleans.

MobileSavannahGalvestonNew York

Total 60,189

On Shipboard, not cleared—for

Liver-pool.

6,500

3,774

28,000

18,1403,775

_ Other Coast-France. Foreisn wise.

3,250

None.

4,000

3,542

500

16,292

8,750

2,000

18,000

2,158

1,500

32,408

None.

None.

3,000

1,967

None.

4,967

Total.

23,500

5,774

53,000

25,807*7,975

116,0.56

22,50f

5,551

66,101

43,131

32,02;

169,314

* Included in this aiuoiuit there are 2,200 bales at Presses tor loi

ports, tUe destination of which wo cannot learn.From the foregoing statement It will be seen that, compa

with the corresponding week of last season, there is an inereas^

in the exports this week of 45,348 bales, while the stocks to-night)

are 52,23 4 bales more than they were at this time a year ago. The

following is our usual table showing the movement of cotton at

all the ports from Sept. 1 to Oct. 1 8, the latest mail dates^ i

RECEIPTS SINCESEPT. 1.

EXPORTED SINCE SEPT. 1 TO—Stock.Posts. Great

Britain.Other

Foreign1878. 1877. France. Total.

N.Orlns 60,463 69,930 17,575 2,553 846 20,974 38,642

MobUe. 22,204 36,796 1,100 1,100 14,345

Char'n* 145,425 07,635 15,292 2,913 10,804 29,009 79,291

SaVh.. 208,989 9^,554 24,431 1,250 8,123 33,804 102,655

Galv.- . 120,374 68,107 13,486 1,572 15,058 57,612

N.York 10.333 1,139 50,451 ' 732 1,481 52,664 48,676

Florida 2,425 412N. Car. 25,705 15,814 7,625 7,625 9,627

Norf'k* 80,594 39,542 10,655 10,655 18,000

Other.. 9,327 3,494 23,906 4,112 28.078 8,000

Thisyr. 685,839 164,581 7,448 26,938' 198,967,376,848

Lastyr. 397.429 81.834 7.680 17949 1 107.403 282.060

• Unaer the bead of Ck'trleMon is iacluiled Port Koynl. Ac; under ilio tieftd ol

G(7/re*(f'm Is include! ludlauola, &c.; uader the head otNorfolkia locIiiJed UtyPoint. &c.

These mail returns do not correspond precisely with tlie total

i OOTOBKR 20, 1S78.] THE CHRONICLE. 439

lio tolrf^rapbic fi^urus, because id preparing them it is alwaysicMtaary to iucorporatu every correction luadu at the ports.

Tho lunrkot for cotton on the spot has further declined the jmHt

'cek, quotatlonH beiuj; reduced ic on Monday and again \c. onInesdny, bringing middling uplands down to 0|c. , or more

,ily to their value for early delivery. There has been a fair

winning demand and some business for export, but tho mostJiispicuo\is feature of the trade has been in cotton in transit.

b-day, there was a further decline of 1-lOc., middling uplandsMm quoted at 9 11-lOc. For future delivery the speculation

uioeeu quite excited, tlie sales exceptionally large, and the fhic-

atlons wide. Tlie improvement noted on Friday last was notstained on Saturday, because Liverpool did not respond; and

•I' liiy, under continued unfavorable foreign advices, the

i-ame panicl<y, prices for tho early months going 8 to

poiuis below the extreme inside i)rices of tho previous Thurs-ny. There was a weak opening on Tuesday, November selling

/low as 9'55, and .Tanuary at 9'03, but a quick recovery on thenre assuring linancial reports from London and Glasgow andle steadier clo^iini,' of tho Liverpool market. Wednesday wasiriable, but finally closed at a material advance, except October,nich felt the effect of tho decline in spots. A severe gale•asod over the Atlantic coast on Wednesday, and it wa-s reportedi 'Cliange to have done much injury to the cotton that remainediplcked. Yesterday, the Liverpool advices were disappointing,id prices again broke down, the early months being especially.pressed, but, except for October, stopping sliort of the insidepuesof Monday. To-day, the opening was lower, follov.od,

Swever, by some recovery on steadier accounts from Liverpool,id the later months were higher.The total sales for forward delivery for the week are 398,900les, including — free on board. For Immediate delivery thetal sales foot up this week 9,127 bales, including 1,910 for export,Ml for consumption, 256 for speculation and 3,300 in transit. Ofle above, 500 bales were to arrive. The following tables showfe official quotations and sales for each day of the past week:

ttnrda.r, Oct. 19,•Friday, Oct. 25.

idlnarj- ^ lb.

Hot Oiflmary . .

.

'kkI Ordiuary. ..

HctGoodOrd....w MlddllneJ-lotLewMid....;ddllnfiiodMiddlinKMotGotMlMfd....'.Idling Fair

UPLANDS.

Sat. laon

89l8

911,0

«"io1010>4101a11H!>a

S

93bn9i6911,

9'a10181039lO's1113

idlnary ^ ft.

(let Onlinary .

.

'od OrdinarylictOiiodOrd...iwMiddlinKl-ictLowMid....ddllDK

• odMiddlinR.. .

(•lot Good Mid....Mdllngi'air.ir

Taea Wed

'''jfl

81^18

9lt„9'8

10181038lO'a1113

7^8

8ii?6914

UI18

9\10IOI410%nag

ALABAMASat. non8ie

9'l69»a91I18

l2"-IOI4lOis11liss

887,8

§,189%9lt,89'8

10181038lOTgIII3

N. OKLE'NS

Sat. nion

8%8»3l895l69%9"Sl8

1011610 14lOifl

10%HI4ll's

8I48II18

959913,B9"Sl8

10181038ID'S111811%

Tnes

87,8

gi!i«9389»,8

S,189^810%103810^8lllfl

Wed Tnes

778 8I4

85,68l'"8

8II18

9^1

8

914 9=8

97l8 913l8«».« 911,89% 101810 1038lOH lOSg10% III91138 11%

Wed8i8

89,8

S1189>99111891.'i

TKXA8.

Sat. non.

8%813i8

R?>89%91610lOhe1014IOI310%III4We

8I4

8"i893l8958913,8916,810%1038lOSsim11%

Taes

•'10

10lOHlOia111138

814

Si'i«

9»8

, 913ifl913,6

1018103a10»8im11%

W^ed

8%8918

S 189139i'l8913,8101014101a1111=8

• dinary ^ lb

Met Ordinary...'od Ordinaryl-iotOixKlOrd...Iw MiddlingHot Low Mid....iddllng«od Middling. ...I -lot Good Mid...WdUngFairflT

Th.I

Frt.

/ '8

85,8

§;*"91497,899169%10101410%1138

Z'l88I4

8%S'J893891a911,6

915l6103,8lOlIisIl"l6

Th.

7 '8

85,8

S, 189I4

97l8

S^89%10lOVt10%1138

Frl.ITh.

713l88I4

8%93i«93891a911,8916,6

103,61011,611616

8%S?185;i89i»

911,8

^913,6

10141019IIIISb

Frl.I

Th.

8I16

81s997,89689%913,8

103,8 IOI4107,8 101a1015,81 11119ie Ill's

8>8

S?1891l6919911,8913,

10

Fri.

i;i88>39

SI189689%916,8

103,6107,61015,6119|8

STAINED.

Jod Ordinary S lb,

Mot Good OrdinaryIw MiddlingIWHiig......

Sat.

8I4

8%9149=8

nion

8%8»89%913

Tnes

8%8689%9I3

WeA881a9938

Th.

88ifl

9938

Frl.

Ii°i«87j6

9618

MARKET AKD SALES.

SPOT M.VRKBTCLOSED.

.Quiet'II .[(Juiet, lowerJM. (jiiiet

4 .|Oulct, lower.JnwjVery quiet

Steady, lower..

E

SALKS OF SPOT AND TRANSIT.

Ex- Con- Spec- Tran- _,port. Bump. ul't'n git. Total.

500

206617593

296432470

1,158480825

1,9I0| 3,661

7

249

256

2,1001,200

3,300

796432

2,7772,9751,0731,074

DeUv-Saleg. erles.

64,70059,30097,20053,70070,60053,400

9,127 398,900

9002,1001,6001,6001,2001,300

8,700

for forward delivery, the sales have reached during the week38,900 bales (all middling or on the basis of middling), and theflowing is a statement of the siles and prices:

Foi OciotMr.es.

.WO.

.KMMO..WO .

xn..w..'.00..

soo..

kPOn.t.MUi 9 80»» »eo

12?:::::::r. &g

eta8-50

Dol»53B-5e|0-57

I

»589-58

Bs)«l.30040e200soo«00000

1,8001,900..400

WOO...300

CU.. 9'M9859-ae

.9-89

. 9-70

. 9-71, 9 W.9-73

,9-74

. 9-7B. 9-77. 9-7U. vra

Ualea.800100

Ctn... 9 80

.... fl-si

SOOlOOIW

.... 9-88

.... 9-83

.... vm18300

1

Po». N»Tember,1,700 9521,000. .,.. W51

CM. '.'.'.'.''.'.'. 906

Bale*. Cti.800 9-57

2.800 9-58a,100 9'SO1,100 9()01,800 o-ei1.9«0 W888,B00 9(13JDO 9-Bl

1,800 vaa400 9-6«400 9-67100 9-fti

.W 9-09

B*)n. uu.MfiOO 9-71)

14,800 9-7t104100 9-79IS.IOO U-797,400 U-7411.100 UW0,1)00 9-7BOJOO 9778.7110 9'7Hl.IOO 9-708,700 9M5,800 9-818,100 9-n6,700 9-884300 »'847,100 9«4,800 9-8*WOO 9-87aoo 9'Hu

8,700 990900 9-01100 9-93100 9M

147,700

For Febm»rT._1,0008,800...,1,800.. ,

800....800....

4,800....8,800.

9-789-77

,9-78

,0-79

,9-80

. 9-819-88

8.000 9-836,800 9'IM8,000. 9-808,800. 9-881,100 9H78.800 9-881,400 0-891.600. 9-90OflO HHI

1,600 9W8 900 0-9:)

1,600 9-M900 9-9i900 9-96800 9-97400 9-98

•IM.100.

so,aoo

410 9-80600 9-MI

»Sm.:. '.'.'..'.'.'. 9^0?

4,000 9-988,(00ilooo.

.. 9-98

IJVW1,7001,100

.. (-OS.. 9*97

IJOO900

1,100000

.. 9-98.. 9-09..10-00.. 10-01

ii»oTOO

i,aoo

..lo-oa

..10-08

100::,... ..10-06400100

. 1O-06,.10*07

400ICO

..10-08

..lo-oa

86,000

Far AprU.400 9-96800 -- o-fl«

1001.1008.8001,900

.. »-98

.. »99

..1000

..10^)18.800 ..10-0)1.600 ..10-081,000SOO ..10-00900 ..10-06

1,8001,100

.10-07..10-08

0001,900

10-09..10*10

100 ..10-11SOO109100

.10-13

.10*13

.1014100 .10- 13

D«l^«,KM.,

17,800

.I0-17

Bklu. CU,800 9^TOO 9-T8

MOC) 9*T44,100 9-78800 9*7n800 9-77100 9-(U100 O-Mil

100 9-MlWOO 9*»S

89,800

For D«c«mb«r.1,000 9-SW0,600... . ... 0*608,«00 9*618,000 9*084,000 9'«8TWO 9-648,700. 9*865.100 9*666,900 »*6T6,600 9-698,600 9-BU4,600 U-701,700 9711,100 9-78TOO 9*73

8,100 9T44,700 0-768JJ00 9*764J100 9*778,400 »*781300.... 9*79800 9-80100 0*81400 984600 9-so200 9*86800 9-88

91,300

For January.100 0-68800 9-83

1,700 9-6S8,600 icefl

2,900 9-073,000 9-6S8,400 9-69

The following•11 pd. to CTCh. 100

The following will show the closing prices bid and asked forfuture delivery and the tone of the market, at 3 o'clock P. ti.,

on each day in the past week:MIOOLINO UPLANDS—AMERICAS CLABStFICATIOlt.

exchange has been made daringJan. for Feb.

•.1

;. 'It

}<>" l'fi/7SO" lO-OB

ijnoo lo-et8*» 10-10TOO 10-11

8AN0 10-1*400 lO-UBOO 10*14600 lolft

\fiO0 10*18WOO 10*17800 10*18100 10*jS600.. 10*81400 lO-M800 lO-M

ujaoo:

For Jsat.000 10-18600 „...10*:4800 10-16600 10*17

IflOO lO-W400. 10>l»8(10 10*0800 i»n800880 10100100 .t.J04»

4,900For Jalj.

400 10*84400 10-86700 10*98100 10*8791)0 10*80200 10-31100 10*H

2,100"

the week:

Sat'day. Iflond'y T'adajr. Wed. Thurs. Friday.

Markets Lower. Lower. HlRher. Higher. Lower. Variable.

Sid. Ask Bid. Atk. £td. A»k. Sid. Atk. aid. Aik4 Bid. AU.Oct<iber.. 9*d3a84 9*66 a67 9*74376 9*78380 0*59360 0*61362Nov'mb'r. 9*77«78 9*57358 9*66367 0*753 - 0-593 - 0*62363December 9*79380 9*58®59 0*60370 9-78370 0-63384 0-60970January.

.

9*86»87 9*659 — 9-75376 0*873 - 0-739 - 0-79980February 9*95«96 9*74375 0*85386 0-873 - 0-83984 9-80900March. .. 10*03®04 9-843 — 9*95396 10-069 — 0*94305 9-909 -AprU....May

1012®14 9*943 - 1005 906 10-16918 10*043 — 10-0091010*22® — 10*03305 1014316 10*26327 10*143 - 10-18320

June 10*27 ai28 10*11 a 13 10*23325 10-32334 10*21323 10*27929July 10*32334 10*17320 10-28330 10-37340 10*26329 10*34936Tr. orders 9*85 9*70 9*80 9*80 9-60 9*65Closed- Firm. Weak. Steady. Firm. Firm. Firm.

Gold lOOia lOOJa I00>9 100 1« looa^ 10038Excb'uKe 4*78 1« 4-7819 4*7812 4*79 4*79 4701s

The Visible Supply of Cotton, as made up by cable andtelegraph, is as follows. The Continental stocks are the figures

of last Saturday, but the totals for Oieat Britain and the afloat

for the Continent are this week's returns, and consequently

brought down to Thursday evening; hence, to make the totals

the complete figures for to-night (Oct. 2 >), we add the item of

exports from the United States, including in it the exports of

Friday only:1878. 1877. 1876. 1875.

Stock at Liverpool 306,000 425.000 544.000 587,000

Stock at London 33,500 27,500 34,000 56,250

Total Great Britain stock

Stock at HavreStock at MaracUles

Stock at Barcelona

Stock at HamburgStock at BremenStock at AmsterdamStock at RotterdamStock at AntwerpStock at other contl'ntal ports.

Total continental ports

—

Total European stocks.. ..

India cotton afloat for Europe,

Amer'n cotton afloat for Eur'pc

Egypt,Bra2ll,io.,aflt forE'r'po

Stock In United States ports .

.

Stock In U. S. Interior ports. .

.

United States exports to-day.

.

Total visible supply.balos.

Of the above, the totaU of

follows

:

Amertcan—Liverpool stock

Continental stocks

American afloat to Europe . ...

.

Unlte<l States stocktutted SWtes Interior stocks.

.

United States exports to^lay .

.

Total American bal«B.i;00V957 935,604 l,aie,5» 1.037,8

339.500 452,500 578,000 643,290

121,250 164,000 179,500 195,750

1,750 7,000 4,500 3,000

8,250 45,000 54,000 60,00O

4,500 11,000 9,000 15,000

23,750 45,000 47.500 30,000

34,000 31,500 55,750 55,000

7,000 0,500 13.500 11,0«0

3,250 9,500 14,000 6,250

9,750 8,250 14,000 9,000

213,500 326,750 391,760 385,000

553,000 779,260 069,750 1,029,250

102,000 49,000 180,000 210,000

) 205,000 113,000 163.000 170,000

17,000 29,000 41,000 39,000

416,540 364,306 516,782 405,837

45,417 42,299 63,743 53,842

21,000 3,000 18,000 32,000

1,359,957 1,374,854 1,052,275 1.038,019

American and oUter descriptions are as

148,000 176,000 197,000 310,000

166,000 238,000 299,000 168,000

205,000 112,000 163.000 170,000416,54045,417

364.306 916.782 409,83742,298 63.743 63,843

21,«00 3,000 18.000 33,000

440 THE (CHRONICLE. [Vol.. XXV 11.

East Indian, Braiil, <*c.

—

1878.Liverpool stock 158,000London stock 33,500Continental stocks 47,500India afloat for Europe 102,000Egypt, Brazil, &c., afloat 17,000

1877. 1876. 1875.249,000 347,000 377.00027,500 34,000 56,25088,750 133,750 219.00045,000 180,000 210,00029,000 41,000 39,000

439,2.50 735,750 901,250935,604 1 ,216,525 1,037,669

Total East India, &0 358.000Total American 1,001,957

Total visiWe supply 1,359,957 1,374,854 1,952,275 1,938,919Price Mid. Upl., Liverpool .... 6d. 69i6<l. C"!. 7d.

These figures indicate a decrease in the cotton in sight to-night

of 14,897 bales as compared with the same date of 1877, a

decrease of 593,318 bales as compared with the corresponding date

of 1876, and a decrease of 578,962 bales as compared with 1875.

At thb Interior Ports the movement—that is the receipts

and shipments for the week, and stocks to-night, and for the

corresponding week of 1877—is set out in detail in the following

Statement:

Week ending Oct. 25, '78.

1

Week ending Oct. 26, '77.

Receipts SMpm'ts Stock. Receipts Shipm'ts Stock.

Augusta, Ga 9,609 9,139 8,426 7,515 6,151 4,861Columbus, Ga

—

4,431 3,325 5.897 3.465 2,285 6,231Macon, Ga 3,927 3,461 6,859 3,403 2,933 4,230Montgomery, Ala 5,977 3,950 9,745 4,865 4.279 6,204Belma, Ala 4,800 5,100 6,243 4,293 4,031 4,739Memphis, Tenn.. 1,322 1,159 5,435 15,916 11,396 14,793Nashville, Tenn .

.

1.777 1,272 2,812 1,190 823 1,240

Total, old ports. 31,843 27;406 45,417 40,647 31,898 42,298

Dallas, Texas.... 2,034 1,906 1,563 1,148 311 1,104Jefferson, Tex. .

.

746 495 780 750 731 895Bhreveport, La .

.

2,038 1,310 4,090 2.531 1,482 3,690Vlcksburg, Miss . 33 5,423 4,538 2,787Columbus, Miss.. 691 326 1,869 971 902 1,548Eufaula, Ala 1,975 2,365 1,633 2,057 1,557 2,769Grlffln, Ga 1,720 1,484 1,743 945 517 1,155Atlanta, Ga. (est.) 5,000 4,300 6,154 6,184 5,558 6,666Eome, Ga 3,162 3,053 3,715 2,466 1,978 1,288Charlotte, N. C... 2,066 2,215 481 2,148 2.070 1,069St. Louis, Mo 24,052 16,746 28,591 10,953 6,736 12,365Cincinnati, O 1,903 1,877 1,818 3,042 1,717 2,740

Total, new p'rts 45,387 36,077 52,47.0 38,618 28,097 38,076

Total, all 77.230 63,483 97,887 79,265 59.995 80,374

Tlie above totals show that the old interior stockK haveincreased during the week 8,980 bales, and are to-night 3,119

bales more than at the same period last year I he receipts at the

same towns have been 8,804 bales less than the same week last

year.

Keoeipts from the Pl.vntations.—Referring to our remarksin a previous issue for an explanation of this table, we now bringthe figures down one week later, closing tonight

:

RKCEIPra raOM PLANTATroNS.

Week Receipts at the Forts. Stock at Inter'r Ports Rec'ptsfromPlant'nB

endtng-1876.

6,15.3

lb77. 18T8. 1876.

1

42,3:^

1877.

22,478

1878.

11,005

1876.11877. lt78.

Ang. 2. 8,691 3,6n 374 8,149

" 9. 6,871 2,108 8,069 35,182 21,674 8.346 1,204 410•' 16. 7.390 1,733 4, '5; 28,877 19,118 6,838 1,085 2,549

" S3. 7,161 8,614 6,699 23,691 n,6a' 5,999 1,965 1,186 6,460

" 8(1. 13,378 4.335 16,781 Sl,62' 16,878 6,593 11,214 8,011 15,784

Sept. 6. 19,78) 6.886 26.750 80,76u 1«,449 9,979 18.866 6,685 88,7t0•• 13. 41.467 18.109 47,431 23,431 16,27S 18,9.-1 41,457 11,933 47,431

" ao. efi,96S 28,345 74,355 23.904 16,104 86.377 6'),998 21,17: 74.355

" sn. 68, e4-) 43,1-J8 98,863 38,e3; 20,610 87,878 95,845 43,128 98,668

Oct. 4. J?8,199 lO.OtO 130,990 57,0 4f 89,780 47,208 182,199 70,040 130,990

" 11. 136,074 109,864 118,159 72,27: 41,891 59,S2S 136,074 109,864 148,153

*• 1-. 152,850 I35.0.J4 160 831 84,871 68,745 79,597 15;,8«0 135,054 160,833

" ». 174,617 15T,6J9 168,286 103,774 30,374 97.e87 174,617 157,e09 168,236

Total. 844,586 ,56S,93H 881,836 i 819.S14 559,431 875,368

This statement shows us that the receipts at the ports the past

week were 163,338 bales, received entirely from plantations.

Last year the receipts from the plantations for the same weekwere 157,609 bales, and for 1876 they were 174 617 bales

Weathkb Hbports by Tklegbapii.— It appears from our

telegrams to-night that the severe storm which passed up the

coa.st the past week was very little felt south of Virginia. Therain has not been excessive anywhere, and excellent progress is

maldng in gathering in the crop, which is being secured in fine

condition. Frosts are reported at many points, but generally not

killing frosts.

Galveston, Texas.—There has been no rainfall during the past

week. The days have been warm, but the nights have been

cold. Picking will be unusually prolonged, although there is

very little top crop. The thermometer has averaged 69, the

highest being t3, and the lowest 58.

Indianola, Texas.—It has not rained here during the week.

Picking is progressing finely. Average thermometer 69, highest

86, and lowest 53.

Corsicana, Texas.—No rain has fallen during the week. Weliave had warm days but cold nights, with a frost on one night,

though not a killing frost. The thermometer has averaged 63,the highest being 84, and the lowest 41.

Dallas, Texas.—The days have been warm, but the nightshave been cold. There has been no rainfall during the week.

We have had a frost, but not a killing frost. The thermometerhas averaged 63, with an extreme range of 41 and 84. Thefields are very white and labor scarce.

Brenham, Texas.— It has not rained here during the week, andwe are needing it badly for stock. Competition for labor is

running up the rate of wages for picking. We have had no

frost, but came near to it. Average thermometer 68, highest 79,

and lowest 44.

New Orleans, Louisiana.—It has rained on one day during the

week, the rainfall reaching twenty hundredths of an inch. Thethermometer has averaged 59. We have had a frost, but not a

killing frost.

Shreveport, Louisiana.—The atmospheric condition continue?

favorable to agricultural pursuits, and cotton picking remain*

active. The crop is being marketed freely, with good roads generally. Average thermometer 61, highest 78 and lowest 45.

There has been no rainfall during the week. We have hac

three frosts.

Vicksburg, Mississippi.—Telegram not received.

Columbus, Mississippi.—Tlie thermometer has averaged 61

during the we^k, and the rainfall has reached twenty-seven hundredths of an inch. We have had three light frosts.

Little Bock, Arkansas.—We had a light rain on Monday la.st,

but the remainder of the week has been clear and pleasant. TIkthermometer has averaged 53, the extreme range having been 3.'

and 71. The rainfall for the week is forty-nine hundredths of ar

inch.

Nashtille, Tennessee.—Rain has fallen during the past week or

one day, the rainfall reaching fifty-four hundredths of an inch.

The thermometer has averaged 51, the highest being 63 and tli(

lowest 39.

Memphis, Tennessee.—Telegram not received.

Mobile, Alabama.— It has rained on one day this week, showerj-

the rainfall reaching three hundredths of an inch. We have had

a frost, but not a killing frost, the killing frost being confined fe

the middle and northern portions of the State. Average ther

mometer 58, highest 78 and lowest 43.

Montgomery, Alabama.—We have had rain on one day the past

week, the rainfall reaching eiglit hundredths of an inch. Thfi

thermometer has averaged 61, the highest point touched having!

been 78 and the lowest 33. There have been two light frosttj

during the week. I

Selma, Alabama.—It has rained on one day during the weekjWe have had three frosts, two light and one heavy.

|

Madison, Florida.—Telegram not received.|

Macon, Georgia.—We have had a frost this week, but not ij

killing frost. '1 here has been rain here on one day. The ther!

mometer has averaged 66.

Columbus, Georgia.— It has rained slightly on one day tlii:

week, the rainfall reaching fifteen hundredths of an inch. Thi

thermometer lias averaged 63.

Savannah, Georgia,—We have had rain on three days, but th»

balance of the week has been pleasant. There was a light fros

here on tlie twentieth. The thermometer has averaged 60, th(

highest being 71 and the lowest 44.

Augusta, Georgia.—During the earlier part of the week i

rained lightly on one day, the rainfall reaching thirty-three hun

dredths of an inch, but the latter part has been clear and pleasant

Accounts are favorable, and planters are sending their cotton t<

market freely. Average thermometer 60, highest 73, an<

lowest 40.

Charleston, South Carolina.— It has been showery two days o

the past week, the rainfall reaching one inch and sixty-six hun

dredths. The thermometer has averaged 61, with an extremi

range of 47 and 77.

Comparative Port Rkcbipts and Daily Crop Movement.—

A comparison of the port movement by weeks is not aocitrat«,|

as the week* in different years do not end on the same day of the!

month. We have consequently added to our other standing-]

tables a daily and monthly statement, that the reader may con-j

stantly have before him the data for seeing the exact relative!

movement for the years named. First we give the receipts ati

each port each day of the week ending to-night.|

PORT BEOEfPTS FBOM BATDKDAY, OCT. 19, '78, TO FRIDAY, OCT. 25, '78.

D'ysof

we'k

NewOr-

leans.

Mo- 1 Cli.'vr-

bile. leston.Savan-nah.

Gal- Nor-veet'n. folk.

Wil-ming-ton.

Allothers.

Total.

22,516

34,634

22,873

23,157

25,37:

33,787

162.231

Sat..

MonTuesWedThurPri.

.

1,012

4,089

2,726191

3,5232,4-44

880483553

2,276

.2,171

1,293

5,420

5,720

3,982

3,658

4,439

2,833

6,140

6,834

7,680

7,047

4,621

5,643

2,842 3,969

10,373 4,457

2,216 4,357

3,383 3,922

3,842 3,470

2,419^ 3,143

1,923

1,176542762

l,'ja4

1,050

3241,497

8171,918

1,985

14,962

21,503Tot.. 13,985 7,661 26,052 37,965 25,075 23,318 6;677

The movement

«

"—

lach month since Sept. 1 has been as follow):

Year Beginning 8eptcml)cr 1. j

Rece

Sept'

Perc'

rcc

ipts. 1878. 1877. 1876. 1875. 1874. 1873.

Il6,25f

03-03j

mb'rtage

Bipts

288,848jf tot. port

Sept. 30..

95,272

02-19

236,868

05-87

109,077

04 03

134,376

03-84

This statement shows that up to 0;;t. 1 the receipts at the,

ports this year were 193,576 bales more than in 1877 and 51,980^

bales more than at the same time in 1876. By adding to the*

above totals to Oct, 1 the daily receipts since that time, we shall

(Vtubbr 30, 187&] THE CHRONICLR 441

jo able to reach aa exact comparisoa of the moremant for the

<lHl«rent years.

1878. 1877. 1876. 1876. 1874. 1873.

lot. 8 p.30 288,8.18 95,272 230,808 160,077 134,376 115,2.55

r»pt. 1.... 23.ft90 13,041 H. 14,531 10,714 7,501

a.... 23.283 9,741 30,711 12,090 10,511 7,089

3.... 17,537 12,170 15,021 8. 12,251 0,452

4.... 24,181 10,720 10,851 10,503 8. 5,702

9.... 22,8(12 12,003 10,107 20,110 17,584 8.

6.... 8. 10,210 22,115 18,078 17,743 8,708

• 7.... 25,800 8. 10,217 10,384 14,786 8,040

• 8.... 2-l,3(ii» 18,«0« 8. 10,445 14,416 7,011•• 0.... 24,900 21.523 32,ai9 17,384 18,207 8,009

• 10... 22,.'>311 10,304 21,533 8. 14,587 11,814

11... 27,022 18.r,0!> 20,72-2 32.312 8. 8,131

12.... 25,343 21.302 18,0.50 21,822 27,582 8.

13.... B. 14,875 20,348 20,570 20,714 10,470

11.... 20.402 8. 19,812 20,618 18,720 13,400

15.... 2tt,014 35,142 8. 25,171 18,-542 12,000

18.... 27,761 21,031 38,513 10,629 20,751 15,572

17.... 20,549 20,815 21,034 8. 16,819 10,981

13.... 31,161 21,350 27,821 29,753 8. 15,005

19.... 22,510 23,032 21.700 25,981 28,164 8.

20.... 8. 21,073 21,84:i 23,463 21,432 22,043

21.... 34,(i34 S. 20,017 22,054 20,034 13,'27'2

•22 ... 22,873 30,050 8. 27,825 23,267 18,053

23... 23,157 27,174 38,824 20,782 23,876 10,793

•24.... 2.5,275 26,000 . 25,325 8. 18,523 16,784

25.... 33,787 22,098 23,574 43,015 B. 16,107

Total 848,075 529,214 748,377 635,515 523,585 383,863

eeiooutiig a of total

port rocc>lpt« 1217 18-.53 15-10 14-97 1009

This 9 atement shows tllat the receipts sinee Sept 1 up to

o-oight a re now 318,801 ba es more than they were to the same

lay of the month in 1877, and 99,69'j bales more than they

ere to the same day of the month in 1876. We add to the last

able the percentages of total port receipts vvhich had been

•eceived Oct. 23 in each of the years named.

Indi.\ Cotton Crop.—The latest advices from Bombay explain

m<>ftiiing of our Bombay cable of September 20, which stated

itton is suffering in consequence of the continued rains."

s according to Messrs. Wallace & Co.'s report of Sept.

JO, tluit the special harm was in the Dhollerali and Broach dis-

ricts, and was slight there. When we received that cable des-

(Mitch our mail dates were only to August 8, at which time the

rains were very excessive, and we interpreted the despatch some-

what iu the light of those conditions. Soon after August 8, how-

ever, tliere was a change in the weather. In most sections rains

leased before harming the more forward districts, and where'•y were longest and most excessive dry weather permitted

sowing to be done. The Hingunghaut district, where the crop

^aa unusually forward and promising, continued to have more

ain than necessary, even down to about the first of September;

t though some anxiety was felt no considerable harm was

iiortfil to have been done, and later advices were better,

izenit, it was stated (Sept. 13), promised not over 75 per cent

a full crop. With these exceptions the outlook to September

was very favorable. The Bombay Prices Gwrrcitt, under date

ii September 13, says: " We may look for large quantities of

Oomras at the end of November and December, and Hingung-

Tiaut,s in November." Messrs. Nicol & Co., on September 12,

rote: "The prospe-cts of the coming crop are very encouraging,

^•iasouable weather, with occasional showers prevailing in most

' if the districts, and the plants are reported to be doing well.

"

li^ssrs. Wallace & Co., under date of September 6, report "morefavorably of the new crop, fine weather having prevailed in

most of the staple-growing districts. From DhoUerah and

Oomrawuttee hopes of large crops are now entertained, and

from the Broach and Hingunghaut districts we hear morecheerful reports, &c." Altogether, the news to September 20

vronld seem to promise an increased and earlier crop in the dis-

jrieta tributary to Bombay; t>ut in the words of Messrs. Wallace

(t Co., " wann, dry weather was much wanted all over the coun-

try, not only for cotton but for all other descriptions of

jiroduce."

KuROBS IN Cotton Chop Statemksts.—In our editorial

olumns will be found an article on this subject, in which our

readers will be interested. It is written in reply to a criticism of

he Liverpool Punt.

Itu.uii.M Suu'MisNTS.—Arcnrding to our cable despatch receivedo-dnj, ilifiu have Oren 2 000 bales shipped from BombHy loToat Kiitaiu ihe past w.ek and 1,000 bales to ih« Coniinxat

j

vhilb 'l)B r«ci-ip 8 a! Bombay durini; iliiB week liave been 3,000">»li-B 1 lie movfm-nt aince iho li«t of Jimoary is as follows.{Vhese flgures are brought down w Thursday, Oct. 24.

Bhlpinent* tbU week

187818771876

(Iroiit

Brlfn.

2,000

4,6o6

Conti-nent.

1,000

ToUI.

aiUpm—1» d»«e Jmi. 1.

are«tBritain.

Oontl-Bent.

3,000 3 1 7.n<)(t 388,000|;i7s,o<K):4rj.ooo

4.00ol5ft7.O<W)l374,«K)0

ToUL

705,000700,000031.000

neusim.

TbUWeek.

3,000

iaa.1.

From the tomgtAng It would appear that, compared wMiyear, there has been an inertatt of 8,000 bales In the week's ship-ments from Bombay to Kur<)|H', and that the total moramentsince January 1 shows a tUereiur In Hhipmentn of 80,000 bales,compared with the corresponding j)erio<i of 1877.

Clu.NNY Bags, Bauqin(i, Ktc—Bagging has Jx<come ratherquiet since our last re|)ort, and but few parcels have chanMdhands. The only demand is for Jobbing parcels, and at the c\o»»an easier feeling Is to be noted, and holders are now nuotinir 10*(^lOjc. for 1} lbs., lOJMIOJc. for 2 llw., and lie. for a? Ibo.

But'S are ruling quiet, but the feeling is still steady as to priee;sales are reported of 1,000 bales, on spot, at 2 H-16(^2Jc. forprime quality. The close is quiet, with holders asking 2 11-16(J2ic., cash and time.Thb Exports ok Cotton from New York this week show an

increase, as compared with last week, the total reachiog 18,889bales, against 17,103 bales last week. Below we give our nsoiltable showing the exports of cotton from New York, and theirdirection, for each of the last four weeks; also the total export*and direction since Sept. 1, 1378, and in the last column the totalfor the same period of the previous year:

Bxpoit»o<€ottoii(b»le«>fron» Wew Vorit •IneeMeoi.i, lgT8

ZrOBTBD TO

CaverpoolOtberBrltUhPorU.

Total lo Gt. Brllmln

HavreOther French ports.

.

Total French...

Bremen and Hanover.namborgOther porta

Total lo N. Earope

paln,Oporto&aibraltarAcAUotnera

Total Spain, Ae...

Grand Total.

Oct.2.

11,IS5

11,155

100

lOO

2C0

200

Oct

9.413500

»9I8

34}

1I.1S6 1D.2S8

Oct.16.

16,927

15.927

1,176

1,176

17.108

Oct23.

17.507

I7,!07

960

"m1,373

l8,^8»

Totalto

732

%fM

38 9711,38S

««S115

l.CW

swlOO

6,802

S,T62

t.S44 47,398

The following are tUe receipts oi cotton ai New York, Bosioi»Philadelnhiaand Baltimore for the past week, and since Sept. 1. '78

BSCS'TS TROKsaw TOBK.

1B08TOH. PHIUDBU-'likl BALTTKOBB.

Thisweek.

SinceSept 1.

Thisweek.

SinceSeptl.

ThlBweek.

Since1

Septl.

7;848

This 81nc«week. Septl

Hew Orleans.. l,5-i2

4,0W8,«3S

"430

4,375I,U078, -JOS

i»44,1)48

51

9,45248.8.S2

49,717

1,8'.8

80,6447.4-9

83.99775-i

14,881648

1,C20 9,m liosi

m428

2,948

SavannahXoblleyiorlda3'th Carolina.

14,9«l

6VlM

VhrglntsNorth'm PorttTenneeeee, AcForeign.. ....

liJSSS,3 )

1,33^J

7,i.Ml^ll754,S66

7

8,98s

Total tbie jear 27,721

27 5S7

19:,36'J

105,7.37

1

6,441 37,560 1,957 11,195 5,S3«

4,786

81.197

Total last jrear. 1 7,b39 23,4611 1,947 6,8.0 13.940

8HIPP1NQ NKW8.—The exports of cotton from the UnitedStates the past week, as per laUtt maU retams, have reached

81,049 bales. So far as the Southern porta are concerned, thee*

are the same exports reported by telegraph, and published In

Thb Chroniclb, last Friday. With regard to New York, »einclude the manifests of all vessels cleared ap to Wedneadaynight of this week.

Total bales.

New Tork—To Liverpool, per §te«iner« RcandlnaTla, 1,200 Brlt-

an'c 2,169 aad 10 Sja la'and... Gordon Castle, 2153 Wlscou-Bln. 3,263 ...Pascal, 3,100 .. Memling, 2,280 ... per ship St Mil-

dred, 3,332 17467To Bremen, per steamer Donan, BSO, CSOTo Antwerp, pT etcnmers August Andre, 23— Taderland, 200 ...

Sershlp Martha. -.iOO

BLBANs— To LivcriMol, per ateamer Cordova, 8,002

To Vera Cruz, per atiamer City of .Mexico, .199

CaARLB»TON—To Liverpool, per ateamcr Kuphratss, 4,827 Upland and83 Sea Island per oarka Uk-nola, 1,906 Opiand Winoaa,2,301 Upland •,••,••-.

To Havre, per bark Eratatnlngen, 1,118 Upland :.

To Uhent, per bark Dido, 684 Vplaod ............... ^ ..^Savannau—To Liverpool, per ship Thoobdld, 3,176 Upland. . . .ft oirKs

Lady Dufferin, 8,470 Upland. ...Tikonia.-i.67S Upland R2St

To Havre, per bark James B. Ward, 1,2,',0 Upland 1,280

To Genoa, per bark Adjn:or, 900 Bpland 900

TBXAe—To Liverpool, pcrateamerJainican,4Ji7....p«raWp Ingomar,

4 159 8,481

Wn-KiBOTON-To Liverpool, per baras Resolute, I.-W ..AUanU, l,S»a

Resolve, 1,877 ...Kaleb,680....perbrlgiJanl«, 9*7... Ksmx.j'oei e.MJ

NortoLk—To Liverpool, pertteamers BaenaTentnra, 4,100 .. Qlenlsla,

4 0;0....perbaVkM-fnnle,2,4»5 -.-1^— ii'***

Baltmobb—To Liv rpool, per itcamera Snrlqae, 1.436 .. llurroz,

2Q4I 4,fta

Tii'B.emen, per »iB«nj -r* B-aanMhweljr, 1,496. ...Bal lino e, lai.... 1,104

Ro«Tos-i" Liveipo.l i«rs eanicraBnlgannn, »» .. Cani.im :,-.8«.. I,Ti4

Pmi^ADBU-niA-To Llver,«»l, per steanicr British Empire. 1.000 Dm"euoi»

41S8.00*

^

Total.

442 THE CHRONICLE. [Vol. XXVIL

The particulara of these shlpmentB, arranged in our usual form

Md as follows

:

Liver- Bre- Ant- Verapool Havre, men. Ghent, wcrp. Genoa Craz. Total.

New York. ... 17,607 .... 950 .... 423!8,88J

HewOrleans... S,wa ... •i»9 3-^Oi

Caiarleston 9,120 1.113 .... h64 ... 10.91.

Bavannah 9,3n 1,«0 9C0 ... 11,471

Texas 8,486 MSBWilmington,... 6,945 °'9J'Norfolk 10,655 .... ... 10,655

Baltimore 4,476 .. . 2,101 6.?80

Boelon. . , ... i,714 ^-ji*

Philadelphia... 1,000 I-"""

423 900 399 81,049Total 73,816 5,863 3,054 6

Below we give all news received to date of disasters to vessels

ttxijiag cotton from United States ports, etc.:

VICTOBIA, etr. (Br), Williame, from Bofton at Livfrpool, Oct. IS,

experience! heavy weather on the paseage, thifted cargo aad lo=t

over 100 held of cattle overboard. ,. , ^ . ,„ .

OCTOBEB 16. Schr. Emma Crosby, Crosby, at New Tcork, 0,-t. 80, from

Charleston, reports Oct. 16, lat. 33.4U ion 76.35, saw a vessel oa fire,

burnt nearly do.vn to the water, apparently cotton laden, but it being

dark could not g«t her name., ,. . . ,,,,

OCTOBXB. A burning ship ^supposed laden with cotton, no flames visible,

was passed in lat 29, Ion. 7., by bark Marquis of Worcester (Br ), from

Madeira at Beaufort, S. C, Oct. 14, probably ihe same ves el seen Oct 7,

lat. 49.19, Ion. 75.60, by bark Deogaim (br.), at Charleston Oct. 9.

Cotton freights the past week have been as follows:

Liverpool.-BaU.

d.

—©9-34-@I-:5'J-f«9.3-3—@9-S3-®9-32—©9-3}

Liverpool, Oct. 25—4:09 P.

Steam.

a.

Saturday.5-16@Il-33Monday. .5-16@lI-3iTneBday..5-16@ll-32Wed'day..5-16@ll-3!Thnr8day.5-16ail-33Frld^ 5-10@:i-32

Havre.—, .—Bremen.—

.

.—Hambarg-^Steam. Sail. Steata. Sail. Steam. Sail,

c. c. c. c. c. c,

?i cp. -®?i 11-16 comp. X H comp. —U cp. —&ii 11-16 comp. ys Ji comu. —X cp. —aji 11-16 comp. X a comp. —a cp. —®?i 1 1-16 comp. X X comp. —X cp. —@H 11-16 comp. (4 H comp. —J» cp. —@,;i U-16 comp. >tf % comp. —

M.—By C.vBi.H FnoM LiverPOOL.—Estimated sales of the day were 6,000 bales, of which

500 bales were for export and speculation. Of to-day's sales

4,650 bales were American. The weekly movement is given as

follows:

Bales of the week bales.

ForwardedBales AmericanOf which exporters took—Of which speculators took..

Total stock, estimatedOf which American, cstim'd.

Total import of the weekOf which American

Actual exportAmount ailoatOf which American

Oct. 4.

58,0001,400

44,000G.OOO2,000

351,000194,00021,0009,0006,000

141,00045,000

Oct. 11.

54,0004,000

40,0005,0001,000

335,000163,00042,0008,0007,000

123,00063,000

Oct. 18.

49,0002,000

36,0003,0001,000

301,000141,00018,00014,0006,000

170,000111,0001

Oct. 25.

41,0001,000

29,0006,0001,000

306,000148,00047,00037,0006,000

214,000147,000

BRE ADSTUFFS.Fbidat. p. M., Oct. S5, 1878.

,

There has been a firm and rather improving market for flour^

in the past week, but the activity in low grades, noted at tli.

close of last week, has been wanting, and the strength of thi

market has been rather the firmness of holders than the activit;,

of demand. Production is smaller than a year ago, and stock

j

moderate. Rye flour and corn meal have ruled firm. Yesterdaji

there was same revival of demand for common extras, severa

thousand bbls. selling, part for arrival, at $3 63@|3 75 to-day. '

The wheat market has been much less active, but reduce

receipts at the western markets, and anticipations of an improve

ment abroad, have caused stocks to be sparingly offered, an

'

given more strength to prices, not only for lots on the spot, bu'

for arrival in the next two months. Still, there has not beei

much buoyancy of tone. Latterly, the demand has run mor\

strongly on sprang growths. White wheats have become com

paralively scarce. Amber winter, yesterday, showed exceptioaa'

weakness. To-day, the market was dull, except large eale« o'

No. 3 spring at 84c. Amber Michigan sold at $1 03, and No.

white |1 04@$1 04i.

Indian corn has declined, and No. 2 mixed sold yesterday aj

46Jc. on the spot and 48|c. for December, with steamer mixed a

47ic. for November. The autumn has been quite dry over

large portion of the corn-growing sections of the country, and i

is believed that there will be early supplies of the new crop i

good condition. White corn was more freely offered, and decliDe

to 50c. for prime. Round yellow continues scarce and bring

relatively high figures. To-day, there was a further decline, t

46ic. for No. 2 mixed on the spot ; there were sales at 47ii!. fo

December.

Rye has been active at improving value.', about 100,000 bushel

having been taken for export at 56@56ie. (or No. 2 Western, an

59}@60c. for No. 1 State, To-day, choice Canada sold at 60c.

Barley has been more active, with a partial recovery of price

the sales including 6-rowed State at $1 05, and No. 2 Canada a

|1 15. To-day, the market was etrong but quiet.

Oats have been in but moderate supply, and prices are deare

though the demand is comparatively moderate. There was

small businfss do.ie for export to France. To-day, the nurkf

was dull, No. 2 grades closing at 28ic. for mixed, and SO^c, fo

white.The following are the closing quotations:

The following table wiU show the daily closing prices of cotton for theweek

:

Spot. Saturd'y.

Mid. Upl'ds ...® 63i6Mid. Ori'ns. I .

.

.-a 6»ia

Monday.

..•Si 6^2

Tuesday.

...® 6l8

...® 61s

Wedn'sdy

...® 6l8

...® e^a

Thursd'y Friday.

..® 6iie

..'a) 6"i6

...® 6

...® 6=8

Futures.

These sales are on the basis of Uplands, Low Middling clause, unlessotherwise stated.

Saturday.

Velirery. d.

Oct 6832Oct.-N0V..513l6®

2532®%Nov.-Deo 52132®^Jan.-Feb 5''8

Delivery.Oct: 61i6®l32OOt.-NoV 53l®2333Nov.-Dec 55s®'%2Dec. J.an 59ieJan.-Feb S^igFeb.-Mar S^ie

Delitcry.Oct 513l6Oct.-NoV 5'8®l<'32

Dec-Jan 51381^32Feb.-Miir 5i2®'°32

Mar.-Apr 5><!

Oct.-Nov 5»8NOT.-Dec 5^

Delivery.Oct 6Oct.-Nov 52I32

Nov.-Deo 59jgDec-Jan 5i"32

Jan.-Feb Sl'soFeb.-Mar 51732

Delivery.Oct 6U2®eOct.-Nov 51I18

Dec-Jan 51732Jan.-Fcb 51732Oct 53I32

Delivery,Oct 5t5i5Oct.-Nov 5»32Dec-Jan 5^aJan.-Feb 5i2®^°32

Delivery. d.

Feb.-Mar 5%Oct 6I16

Oct.-Nov 5^*32Dec.-Jan... 5i»32

Jan.-Feb 51832

Oct.-Nov.

Monday.Delivery.

511 16Nov.-Dec 5»i6Oct 6®53l32Oct.-Nov 52132Nov.-Dec 51732Dec-Jan S^a

Tuesday.Delivery.

Oct 53I32

Dec-Jan 5^sJan.-Feb 5^3Mar.-Apr 5»ieMay-Jime 52I32

June-July 511i6Oct.-Nov 52132® 'a

Wednesday.Delivery.

Mar.-Apr SOisNoT.-Deo 51733Dec-Jan 5^3Jan.-Feb 5^Oct .'6132

Thursday.Delivery.

Oct.-Nov 52130

Mar.-April 5^isOct.-Nov 558Nov.-Dec 51730

Delivery, d.Mar.-Apr S^sMay-June SHig

Shipment.Nov.-Dec, n. crop,

sail 52I32

Shipments.Nov.-Dec, n. crop.,

sail 5I18Nov.-Dec, n. crop,

sail 51732Nov.-Dec, n.crop,

sail 5%

Delivery.Jan.-Feb 517;^

Shipments.Oct.-Nov., n. crop,

sail 5^Nov.-Dec.,n.cp.8'1.5i^32Nov.-Dec,u.cp, si,5 is

Dec-Jan., n.op.,sl,5»i8

Delivery.Oct.-Nov 51I18Dec-Jan S^igJan.-Feb 51732Mar.-April 5>»32Apr.-May 51»33June-July SUig

Delivery.Dcc-Jan 512Jan.-Feb 513April-May 51832

Shipments.

GaiiN.Whe9t-No.3 spring.bash. $0 63a 1

No. -^ spring 91® '

No. 1 spring @ ..

Ked and .\mber Winter 96((J 1

Kert Winter No. 2 1 OiaiOl

FLO0R.No. 2 $ bbl. $2 40a 3 CO

Superfine State & West-ern 3 10?» 3 50

Extra State, &c 3 65® 3 SO

Western Soring Wheatextras ." 3 60© 3 90

doXXandXXX 4 00^5 60

do winter shipping ex-

tras 3 70® 4 10

do XX and XXX.. 4 25® 5 50

Minnesota patents 5 50a 8 93

City shipplna extras 3 70® 4 50

Sontheru bakers' and fa-

mily brands. .. 4 210 5 75

Southern shipp'? exiras. 8 Siit 4 15j

Eye flour, superfine 3 10® 3 50|

Com meal—Western,Ac. 2 40a 2 70 I

Corn meal-Br'wine. &c. 2 85® 2 90 I

The movement in breadstuffs at this market has been f

follows

:

.—RKCHIPTS AT NEW YORK.—, , EXPORTS PROM NEW YORK.

—

, 1878. . Same . 1878. ,, lSr7.

—

For the Siuce time For the Since For the Sfnc

week. Jan. 1. 1877. w ek. Jan. 1. week. Jun

Flonr.bbls. 118,518 3,161,3i6 2,B18,118 36,217 1.97(i,52i 31.301 1,047.5

C.meal, " 1,178 153,553 18»,210 1,697 169,800 1,257

W hiteCorn—West'n mixed. . . 45®

do steamer grade. 46^ .

do white 49®do yellow 47@ 4

Rye— Western 549St^te and Canada SS:<$

Oats—Mixed 27®White im

Barley—Canada West.... 110^1SUte, 4rowed 1 103 1

State, 2rowed & .

Peas—Canada bond&free 783

17li.v

281,492 23,550,25649,6J3 3,564.424

.... 1,512,653

153,639 3,312,717

225,599 20. :-!:i"i,3

45.716 l.:5n,1

53,813 m.i-ii.LOl 196,1

Feb.-Mar 51732 | Oct.-Nov.,n.cp.,8l,5i7;

Friday.Delivery.

Feb.-Mar 5I2

Nov.-Dec 5'2May-Jime 52I32

Mar.-.\pr 51732April-May 5»ie

Shipments.Nov.-Dec. ,n.cp., si,SIqSept., sail omitted 57qOct.-Nov., n. crop,

sail 5I2

Wheat, bns.2,01 9,226 50,.3fl3,979 13,78.3,6(;2 1,.596,712 44.502,239 1,166,W5 12.471.

S

Corn. " 6!)6,\00 3',f9<,747 2S,:i76,166 "" " "• "• '"^""'

Rye, " 89,919 3,a77,3,i2 1,480,472

Barley, " •26^,920 •3,938,202 •3,990,822

Oats, " 250,593 12,417,861 9,5S3,26r

• Including malt.j

RECEIPTS AT LAKE AND RIVEU TOUTS FOR THB WEEK KNDIn|

OCT. 19, 1878, FROM DECEMBEH 31 TO OCT. 19,

AND FROM ADG. 1 TO OCl". 19.

Flour, Wheat,bush.

(60 lbs,)

860,631394,477376,555364,0.33

16,60042.1,590

33,60094.S16

bbla,

AT— (196 lbs.)

Chicago 59,.S.34

Milwaukee 50,379

Toledo 170Detroit. 8,615Cleveland 8,:102

St.Louis a8.9;iO

Peoria 2,020

Dulnth. ... 3,150

Corn, Oats, Barley,

bu'h. bush. busb.(56 lbs.) (32 lbs.) (48)hs.)

«2),652 8i9,613 3J0,676

17,611 80,100 119,745

123,881 17,1^39

3,472 7,304 10,246

42,700 51,100 13,000

61.860 65,297 109.« 2

104,425 6!',8,i0 15, 10J

Ryfbu-

(56 lb

65,0

14.1'

2,1

1

8,0

14,<

14,2

561,908 688,0.19 9i,l

656,370 6i:<,97fl 141,3

482,:»8 446,165 74.^

683,663 638,017 100,3

Total 154,960 2,5ii3.202 1,278,501

Previous week 133,018 3,0.33,723 l,442,8sl

Corresp'ng week,'77. 167,904 S.S15,C27 1,232,093

Corresp'ng week,'76. 156,074 2.028,671 1,902,505

TotDec. 31 toOct.l9. 4,539,265 68,771,416 80,831,547 26,107,162 7,332,511 4,l56,i

Same time 1877 3,633.5l'0 3^,247,630 67,76«,I09 19,820.!21 6,10s.2.54 i,ii;[

Sametim!! 1876 ....4,250,904 4.1,610,192 69,368,308 21-,412,?.53 6 255,233 '.,».

Same time 1875 3,8i'5,(i65 53,473,728 41,351,6.i8 20,859,3»9 4,159,t31 2,401,'.

TotiSame t

game time is75!'.".'.'.'i',189,746 isluaiitMO i9.ii\i',n!> lO.m.iiO j;6C4,68« 8J6.9

ne time 1875 3,Bi'5,(i65 5a,473,7-.«i 41,35i,li.i» ZU,»o»,a»!< i.iov.rai -,-.",-

tAuK.ltoOct.l9 1,3)2.596 34,764,427 28..177,,195 12,416,121 4,401, "60 S,09i.l

no time 1877 l,40-i,718 27 9,')6,012 24,8W,522 8,99.5,047 8.252,468 1.478,J

ne time 1876 1,315,;36 17,166,051 26,96:i,960 7,575.660 3,2£B.014 M4.fi

Octobkh2(!, 1678.! THE CHRONICLE. % • 443

gUU-MKNTS OP VLOVa AND OKAtN FROU WKSTBIIN LAKH ANDKIVKIl POHTi KBOM DBO. 81 TO OCT. 19.

Tot Dtc 8ltoOct.ia.4,«01.839 8l.849,.«7fl lO.DSfl.eDS Iii,51|,.3^I S.TSl.BH a.MQ.MRHtnil! timo IHr; .1.W.H.MS 88,l'(l.47-l Wi,lWl,4!8 n,Sn.»ll H.(l.iO,v!Kl ll,ll.l,al8

Btnio iinif IP7II 8,ftio,<85 at(,^7i.5or Hi,iii'i.74» ir.ssj.aj.''. a.4.v),.")»>i i.h8i.«<

gunstlmu 1S74 4,liU,a«4 J5..sai,676 8i).8«l,079 1J.4IS.;M 1,»«0.41« 7U.),U0

XAIL 8HU'.«ENT8 OV FLOUR AND OIIAIN FIIOM WB9TKII.V LAKBAUD UIVEK I'ORTS.

ImFh.3«I-510,H«\

«7.193

OHAm AT SEABOAUD PORTS KOH TUB1878. AND PRJM DEC. 81 TO OCT. 19

We«k Plonr, Whuat, Corn, 0»ta, Barley,

«nd1nc— bhi0. hu^b. bush baeb. bui«h.

OcU 19, 1^78 104.J18 TM.'XiO 34l,MS »•) M7 ItiO.KSl

Oct.«). l''TT 1.H.9I9 8;3.«a »t},59S Dtlfivi Ica,5ls

5el<l. 1878 113.390 448,790 8««.4S1 8S7,4W 11I,H)!1

Oet,*^187» 81,U^0 S10,IS3 l:JO,S«S 883,^.71 &S.484

(ICXIPTS OF FI.ODK ANDWEEK ENDED OCT. 19,

Flour, Wheat, Corn, Out", Hurley,

AT— bbls. bn<h. buiih. hath. ba'>h.

Kew Vork. :13,9W 3,ln4.7«0 7(7,180 410.7MJ J8I,777

Bonon 4\m tiO,%7& 1^,1N0 M.OOl *5,00>)

Portland 8,80(1 l.OdO !i,U/0 1,50:)

Moutri'al 8r,858 aM,:i70 13-J,511 »«7 I,BMPhilnavlllhia i>,H90 3«H,.-iOO «47,100 119,000 81,503Baltimoru ii3.513 fi!il,800 67,000 21.000

NcwOrleaos. SIM .... i.Sii

Totia »4J,4'IO S,4.T»,II05 l.«1.941 «1H,5S7 88H,!I00 11J,<>ai

Previoaiweek . .. «4l,4ig 3,'.ia4,S07 2,7S8,M7 841.813 31i<,118 14'',!l9n

Corretp'Dg week,'77. 391,915 8,i53,;21 1,473,861 'ib2,Ui St,1302 4t,579

Tot. Dec. 81 to Oct.l9. 7.314,827 Sl,580,540 !0,013,0?1 a0,l»,2l)9 3,iiS8.t«3 4,0«7.»S0Same lime 1877 e.Oiil.SieS J^,5(i7,5(i« 7I,MI,':9a ]6,44,'>,Mi2 8,^08,886 1,919,9J)

game lime 187t> T.666,!i91 31.462.:s;0 :i,8:4,<i51 aO,24'.),!(il 4,101 eM Ml,:^^9SamiUlme 1875 7,4»3,«76 rJ,S42,80S 4!<,S5S,iM 15,693,7J9 8,0ti6,<)5l> 301,9(i»

KP0RT8 FROM UNITED 8T.\.TES SBABOARD PORTS AND KRO.\I

.MONTREAL FOB WEEK ENDED OCTT. 19, 1878.

Kyi-,

101.4134.800

5,7001,000

From—New York . .

Bwtou . ...

Portlsnd... .

MtmlrealI'hilHilelphia

Baltimore

Flour,bbls.

88,0185,496

375,4319,4 «S

4.90O

Wheat,bash.

1,«S1,033

85,682

132,887

5:0,oD8

Corn,bnsh.S6',07«•.9,438

117.670«lS.II'i3

.1<,751

Toial for week.. 61,160 2.1<i9,6S0 703,9-'4

Provliim week 9»,80» 2,484,1S8 1.35), )43

T>... u.ek««go 118,!89 2,711,0^2 1,311.215lime in 1877... 88,218 2,479,266 703.801

Oatf,bash.137.121

12

7.249723too

115.402)S1,6W98,15470.299

Rye,bu:ih.

40,171

Pean.bna h4,259

103,508

40.171 1107,767109,108 67.47874,165 65,68263,277 82.8S5>.i:r." nme in iPi {.. . sa.vis •6,'ii'j,inn /iu.aui tu.ivit od,4< i f5;;.a?;

From New Orleans 674 bbls. fl >ar, 17,860 busb. earn, and 14,863 bu^h. wheat

TuE Visible Supply of Grain, comprisinfi: the stocks in

grenary at the principal points of accumulation at lake andseaboard ports, and in transit by lake, canal and rail, Oct. !9,

1878, was as follows :

Cora,bnsh.

3,078,5115,000

Wheat,bnsb.

2,79^HU38.5 n

516.8992,7S9,U6C

Is Storb at—New YorkA;i.i'iv

l!i^;!iio

(.hH.iiro

Miwiukeo 1,10D,460I)ii;u:li 17).8;4Toliiio 553,611Detroit 413,593Oswego 180.000St.Louls 847,985Boston 179,401Toronto 124.209Montreal (lath): 175.425Philadelphia 435,8)4[•eoria 811

Indianapolis. 74.718Ksni'iis City 298,932Halliuiore 7.i3,(>96

Rcil fhiiiments, week 754,089Lake ^dipmenti*, week 1,568,442Ont^nal 2,s00,000

TotalOct. 19,1878Oct. 5. 1878cep. 23,1878Sept. 21, 1878Sfpt. 14. 1878

' 187jI, 1878

Sept.Ang.Oct. 20,1377.

,.16,503,iit9

.14.-01.428

. 13,099,67:1

.12,47S,859

.12,589,.3al

.11,703.489

.12,804,249

.l(l,!)97.101

.11,322,164

1,070,804l.i 70.435

10,216

297,9973,731

905,00ft

176,976

231,006SOO

193,405152.81764,00044.H02!<6,66-'i

S23,«04212,2fi2

1,324,9161,620,000

10,218.S959,81^13,913

]1,0'5,U7411,1.34,092

11,2M.21210.600,.^88

11..36i,411

11.816,378

10,439,577

Oat?,bash.

1,548,0.39

49,500233.7i'5

501.631

40,885

i03.46J4,576

89^446117,48715.210

8,603

119,88574,1199,55.'!

2M,'5i74n-,n27126,1,00

3,729,6903.713,6323,942,7824,218,5454.116,2784,318,2733,913,8^8

3,557,3213,850,969

Barley,bnsh.878,60242I,UUU351.881

l,1l0.9i^

679,171

71,8«2,937

635 00012'i,355

12,657

254,185411,551

2,ioi

ia\85i210,308£00,000

4,767,f41

4,142.867S,77'),721

3.083,0731,8tl.9ft3

2,260.9011.555,8141.301,247

2,682,437

Rye,bash807,97162,50076.a06

211,55062,683

3i697

7:),' 6679,7.61,465

''j«6

19,ti71

13o.a74

36,0 86,t:4

3f!',i75

H,OOU71.1.00

].219,5;91,3611.292

1,244.1186

1,552,919

l,07^O?41,0^6,128977.056835,322611,899

THE DRY GOODS T^ADE.Fkidat, p. M.. Oct. 25, 1878.

The pant week has developed no improvement in tlie demand

for fall and winter goods, and the volume of business was com-

paratively small. Early in the week the suspension of the large

St. Louis jobbing; house of Dodd, Brown & Co. was announced,

caasintr some excitement in the trade, as the firm had latterly

been in good credit. Particulars in regard to the suspension

have not yet trnnspired, but it is believed that the liabilities wilj

reach |1,,')00,000, a great portion of which is due to commission

merchants and Importers in this city. The chief feature of the

week's business in foreign KOO^iB was a large, peremptory auction

sale of Lupin's fabrics, which proved a marked success—the

entire line having been distributed at satisfactory average prices.

Domestic Cottjn Goods.—There was a sleady demand for

domestics for export, and 3,466 packages were shipped from this

port to foreign markets during the week ending October 23d,

including 1,001 packages to Bremen, 1^03 to Havre, 438 to Great

Britain, 200 to Antwerp, 163 to Haytl, 64 to Cubi, 83 to British

Australia, 54 to Mexico, &c. The home demand for cotton goods

was chieSy of a hand-to-mouth character, and no animation was

observed in any particular class of fabrics, though heavy fine

brown iheetiugs and low-grade cotton flannels were relatively

more active than other makf* of eottooa. AgMU' prioM forbrown, bleached and colored cottooi werr Domloally oaehaogMl,but valuBK are leu firmly nialolalned than waa the caas b«for»the late break in cotton. Print clolhi were In fair demand atilic, cash, for 64x61*, and 8c., cash, for Mx OOi, and atock* haveundergone a material reduction within the laat few wseka.Prints remained quiet, and cotton dreie gooiU and gln)(baawwere in comparatively light demand.Domestic Woolen Qooda —There wu an Irre^rnl^r demand

for heavy woolens for men's wear, and while fancy caealmrrearuled quiet, there was a moleruce Inquiry for chevlota and oTer-coatings, and wonted coatings cootinoed In fair reqnett. Orderafor light weight worsted and cotton- warp worsted eoatloga wereplaced with agents to a considerable aggregnle amount byclothiers and cloth jobbers, and some of the more popular makesare largely sold to arrive. Cloaklngs and beavers for cloakingpurposes were in fair request, but clothn and dneakins ruled qnlet,and there was only a limited inquiry for Kentucky jean*, repel-

lents and satinets. FlaoneU met with moderate rales, but selec-

tions were individually llglit, and blankets contlnaed quiet. Forworsted and woolen dress goods there wan a fair demand at first

hands, but shawls and felt skirts were devoid of animalton.

Foreign Dry Goods.—There was only a moderate demand'for imported goods, and selections were chiefly confined to eachsmall lots as were actually necessary for the renewal of assort-

ments. Cashmeres were in steady request, and low.grade silks

and trimming velvets were distributed in fair quantities ; batmillinery silks and plushes ruled quiet in private hands anddragged in the auction rooms. Men's-wear woolens continued

dull, and linen and white eoods were slow of sale, as were Ham-burg embroideries and laces. Dress and cloak trimmings con-

tinued fairly active, and there was a steady movement in tailors'

trimmings.

Importatlona or Dry Ooods.The importations ot dry goods at this port for the week endlni;

Oct. 24, 1878, and for the corresponding weeks of 1877 and 1876,have been as follows :

nrrsaau roa ooHitDaPTioii roa thi wsbk suDiae ocr. 21, 1878k. 187'i——, . 18TI . . 1878-^ ,

Pkss. Valne. Pkes. Valne Pks* Valnr.Manofactores of wool.... 341 $184,789 861 |t|«7.12« 453 (184,(71

do cotton.. 896 8li,8n5 559 li^72l 417 1(18, :81

do filk 250 20^.673 369 19U.I(i8 401 S)i< 0^3do naz.... 5)1 93..3SU 914 137,810 5l8 111,15)

Hlscellaneons dry goods. 209 T'),736 257 88,744 Ml 222,159

Total I,7t7 $S9t,4JS 2,4(tS |«S9,S1I 2,oao t6W,8nWITBDBAWH VBOM WABSHOOSS AMD THHUWM IMTO THB lUaKaT OUMMH TBB

AHI FIBIOD.

1151,69.1 521 *200,IM441,895 112 a5,87»117,669 91 93.48771,2»'> 513 70,1>5«

17,557 2j6 27,310

Manufactarea Of wool ...

do cotton..

CO silk. ..

do flax ....

HlBcellaneoas dry goods.

87014SUS368153

351US90

S6«>70

use.65127.068r..75S65,11582,074

Total 1,151

Add ent'd (or consampt'n l,72rS40],»4592,433

1,511

2,463$427,708 1.7S2659,512 2,0jO

<8S.37S8tw,n7

Total thrown nponmark't 2,878 $995,667 4,f0( $1,037,214 3,312 »1, 172,705

HTIBSD rOB WABIHOOBIIIS DOBIIia SAMB rSBIOD.

Manntactares of wool

—

235

oo cottou.

.

91

do silk.... 45

do flax 144

Mlscollaueons dry goods. IS

$67,83224,461

51,27432,42411,«S1

t207,«r5S9i,433

5934568

8912,163

$106,07130,88262,13146.soa23,311

1869,80)659,512

251110

4«1S9

3,05

1

8,ni2,060

$85,21739,80442.1160

4a.iiss«.aw

$m,7608».m

Total .-•,MS

Addent'd for Ci)n8ampt n 1.727

Total entered at the port. 2^ $800,408 3,351 $921,015 6.712 »l,15^t«

Reeelpts or Donaeatle Prodnee.

The receipts of domestic produce since January 1, 1878, and

for the same period ot 1877, have been as follows:

SinceJan. 1,'78

Ashes pkgs.BruadBtufls—Floor bbls.

Wheat bnsh,Corn "Oats "Rye "BarleyA malt"Urase seed...bags

Beana bbls.

Peas bnsb.Com meal.. bbls.

Cotton. bales.

Hemp VHides No.Bides bales.

Hops bales.

Uather sides.

Molas»e8.....1>h(ls.

Molaasea bbls.

Naval Slant—Crude ttirp..Dbla.

Spirits tnrp "

Tar."

3,361

3,481, 356

50,)93,!f;»

(2.197,747

12,417,81^3,277,332

8,988,202149.4UI68.0t;3

640,S'2158.5:8691,623

2,70'.

136,5S-;

100.312

58,4283.532,lbl

24

117,0S2

»,ies64,751

33'..815

18,012

Sametime 1877

5,»t0

2,5:S,4t813.7SS,tO.

i6,j:6.lM;

9.5'.3.267

1.48",47j!

8,9M).t':e2

119.02961.5471

8r>l,994|

18'<,J!01

4;3.-J(IO

6,005

1 67,56J

I

1117.417

63,53!

3,540,931468

69.89

2.82867,154S34.7K21,159

Pitch. bbls.

Oilcake....OU, lard... ..'bbls.

Peanuts bag*.Provisions

—

Butter pkgs.Cheese ''

Cntmeata ., "^g'- '

Pork "Beef "Lard "Lard kegs.

Rice pki{».

Starch "Steariue "Su^-ar bbla.

SugartJIow...Tobacco.

.

Tobacco.

.

Whiskey bbls.

Wool bales.

Ore*«edhOKa..Mo.

.hhds.

ihhda

SinceJan. l,"re

2,5(»371,48sK.39654>»

8aaetime 1877

S.Si6271,8l«15,60«61,151

1,00^.»1 I.<I4«.SM9.S85,0.V 1.S79.83Sl,Oi7,09S VK.nMtm.kii 4U«,11«184.8.* I42,8«41.**-. 38.(182

8»(.747 1»I.9M85.»l« 3(,7U

• S3384 29.91Ssaiso .U«.3»la^tM IMU1.M* IttIMfl ia.«n68,501 57.515175,:4o i;4.967132.92. 91.554l»4.ftJt 1X1,80171,17* n.tm1I.9M l>«.«S

444 THE CHRONICLE [Vol XX vu.

Pol, Buttcrt * "•

BBEAD8TDFF«—f>efeDeclal report.

Building matkkials-Srlots-Common tiara, afloat..» M

4IO *%

Crotonptilladelplila «hi,Y

i<m«-Kockl»nd common

a 35; uo

26 00

.Vbbl.

^rtaS^i^?d^:^m^oi^.^.^^^Oat 38 00ABh.good

-J.XX

.«V^"cVVo'S?d'i-i.-p.»oii;eacU.-..V:'

20

Hemlock boards, each.... .^.y..^_^s 00

**SlincS.lXto Sln.&longer » 25

Faints-hA., wh.Am.pare. in oil » » ^ «|Lead,wn.,Amer.,puredry. 6XSeinc, wh.,Amer. dry No 1. | |fi?,';'rite".K^;v,^«oiJ;!.''S%-i:i«^l

a 4 75

a 9 00

a 28 00

a 1 CO

a .a ....

a <o iHj

a 22 00

a £0

a 13 00a 45 00@1S0 00

a 28

a IS

a 49 00

a

.

a 5 23

a 4 45

a 2 45

» lOOB

BOTTBK-(Whole.ale Frlce»)-

69

I :o

. »B.

,»•>6XS

2316IS

9

'

PhU" eooi'tocholce State...

Weet'ii creamery K'd tocb.....

wSb, state, good to prime....

Weetern dairy, fair to pr

''Itlfe^fa'Jtory.prlmetocbolce

Woetero factory, B a to choice.

.

TweHpoolgae canned ........ ... ^,^.^| ,8 SO

M^^'iS^mTE-The following will show prices at

,a.iru?P^S'o7p^J^?nt^obedule mes:^^ ^ ^ ^ ^N. Y. . Port

VennSched.New-burn.*

Sfrob..l|a55Grate... S «5

RgK .... 3 '5

Stove 4 16

Auction.

aofokeii. Harbor.

$ »i W3,5 ®157>4 3 65

S65 ®3 1U 3fO4 i'yi 4 2)

- --

3 8S

Johniit'n.|8 »0S 713 95

4 ida 60Btove... » ^'« o K2i2 3 63 ... 3 "U

•^^.'wcentB per toi aiaitional for delivery at New

York.COFfBB- gid.vB ,3j^amo, ord.car... .^ „ »

do good, do ........

do prim", do••••^„i4. ..

Java, mats •« ^ ..

NatlveOeylon «^[J; ..

Mexican | j^, ..

Tamalca ~nlrt ••

Maracalbo |°JJ- ..

Wguayra... ""J^ ..

SavacUla J"?• .

Costa Rica «°'''-

COPPBB- ___ f, B.

Brazler8-(overl«oi.) •— •• ,

Am»rlcan Insot. LftKe

COTTON—see special report.

i>au<is*"^^V * 100 B our 2 01 aAlum.lomp.Am •

, ,,^,Aloes. Cape. ^ "• »"..

Aioes. Barbadoes „

t,Ta?i=;rdI&;-tie-.*l*-»;-^Blohro. potash... ._*B cur.

»16 a23 '^-«

IB a15 a14!4»14 a14X-*13 «t

14 ai; a

.9

s

13XISK

1").

13

it\li

tenmn18

2<•23

16

ixa20 a2 a

iix«1 ifi a

2 ia«

22

2X

ii'

1 45

S'r".H'"''e.'!!°n?s'* ~'r:too.V_^^^^^ 00^^ ^6 U.

SflSlfor:Am._roll..:...*»..cnr.

^SSM.£:?:^ind;^*;iaK.g^d.Caustic soda * loo^m

.,

Chlorate potash •,..cochineal. Honduras, sliver... ,_

Cochineal . Mexican...cream tartar, powdered cur.

Caoebs, Kasl India -^

Sr •::-::-:::"!^—•-'

'S'-aiycerlnei American pare "

bfooricepaste.Calabria •,'.

Licorice paste.Slcllv. ......- -.

licorice paste. Spanish, solid., .goio

Madder, null*.........-.Madder, French. B.x.t.rNutgalis.blne A eppo....

Oi; vitriol (66 Brimstone). ......

Oolnm, Turkey ....(in Duna), (jold

PrusBlate potash. yellow. Am..cnr.

iX9

95 a3 55

..cur.

3i21

alcksllver l»o'«- ,gniniiio cnr. 3 60

5J5155

31X612 uSka

4 laxa93 a18 a21 a26 a25 a'^6 a6xa5 aisxaixaaaa

a 3 SIXU 11 75

30 a1 i2>«a

"" a

60

82"in

6H4 .5

1 lin

23as8

5X19

ii

,T0f5015

Qnlnlne ••• "nr.

Rhubarb. China,good to pr....

Sal soda, Newcastle. .* 100 »,srodShell Lac, 2d* 1st English. » Ik .cur.

Sodaash * 100 ». gold 165 aSugar of lead, white, prime.* Bcur.Vitriol, blue.oommon

Gr'd'Bk.* oeorge's (new) cod.V jtl. .1 -^ « 4

Mackerel, No.l.vi. shore pr.bbl. 14 00 <» 32 „MMkerel No. 1, Bay... )? to (j 2..1 00

6Hm

«ackerel',No.2 Mnss.shore 9 00

tjBCkerol. No.J.aay 9 00

*"Bil8tor,8e8aie«B, new. per BOlb.frall

do Layers, newdo Loose, newdo Valeuijla, new

Currants

Prunes', 'Turkl8h"(crop of 1817)

do FrenchiiatcsFigs, layer, new ...

Canton Ginger.wh.* hf.pots.* case.

Sardines, * half boxSaraliie«, * quarter box ...

Maf^aronl, Italian v »Domeittxc Dried—

Apples, Southern, sliced r n>.

00 do quartersd.i state, sliceddo do qa.»rters

Peaches, pared, iia.,g'J to rhV.e 'Is

do unparel. halve" and qr*...BlackberriesHasnrte.rles.i.'lierrleo. dry mixedP:uir.«, B'HteWhortleberries

9 0010 00

i"2xa6K»4«41SHA6 a5 a12 a

< 50 alevaIIH®i2xa

4

3 &3>i«3S«1 a

I 75

1 80

'4!<

13K6H13

16"

8 0017UK14

5S>s

2611

H12

GUNNIKS.—See report under Cotton

HAY- . , ..

North River slilnn'ur » lOU lb 40 a 4)

aSMP AND JU IK—American dressed * ton a —AmerlcaL undressed — a —KuSBla clean gold a —Uallas " .. a •.Manila *1» " «%» T„Sisal " .« [XJute " 4 8 3

HIDE8-i)ry—Buenos AyreB,selected.VBigold 20 e 20XMontevideo, do.... " 2" a ....

Corrlentes, do.... " ISXa 19

Rio Grande, do.... " 19 » 19SOrinoco. do.... " 13Ma 19

California. do.... " ISXa 19

Matamora«. do -. " IJHa li

Wet.SaKed—Buen. Ay, selected •• 9 a It

Para, do.... " • a 7HCalifornia, do.... " 9 a 9HTexas, do cur. S^a 10

£./.s(oc*—Cal. kips, slanght. gold 11 a 12

Calouttaklps.deadgreen.. " 9xa 10

Calcntta, buffalo " 8 a SX

HOPS—New Yorks. com. tomed..., t ® s

do Koodtoprlrae 9 '<a HEa-itern 5 ® 8

Wisconsin 5 @ 8Old 1 ®Yearlings. 2 <.* 8

INDIA liaBBEB-PKra,flne '0 9 —Para, coarse 35 a —Ksmeralda, pressed, strip 41 $ ....

Guayaquil, p'-essed, strip 8) ® 40Pantimastrip ..a -.Canhagena, pressed 86 « 37

Nlearsgua, sheet @ 41

NloaraKua, scrap ® 33

Honduras, sheet <S 38

Mexican, sheet ® ....

IKON--Pig,American, No. I V ton. 16 50 a 17 50

Pig, American, t.o. 2 55 50 16 50

Pig, American, Forge 14 SO a 15 51

Pig. Scotch 21 75 a 28 50More Priceit.

Bar.Swedes.ordlnarysiies..* ton.iso 00 al32 50

Scroll »lh. 2E-10a 5

Hoop, Xx.No.22 to l&'.Hx 13414 " 5 ® 2 F-WSheet,Ku88la gold *». ll'Xa U5fSheet. single, double* treble, com. SJiS t

Rails, Amerlran ;. ton, car. !4 l» a 35 ro

Steel rails. American 4J 00 a 44 00

LBAD—Ordinary foreUn » 100 lbs, gold 6 .ITXa 6 40

Domestic, common cur. 3 55 a 3 6P

Bar (discount, 10 p. c.) * » a >XSheet •• " a IX

LKATHKR—Hemlock. Buen,A're8,h..m.*l.*iB>. 20 a 'i2S<

• Calllorula, h., m.* 1 20 a 2IX•• common hide, h.,m. 41.... 19HS 22•• rough ,20 a 23

Slaughterorop ,^ » "Oak, rough gg 23

reias.crop * " '•

MoLASeKS—, ^

Cuba,clayed * gal. ....m ....

Cuba, Mu8.,refln.gr'ds,50teBl. " 3! S 33

do do grocery graCOB. " •<,*. vBarbadoes '. Nomltjal.nBTnernra Nomlnnl.

Porto Rico • ,8.^ a «H.O.. com. to prime 20 a 40

"^a'twartrngfoV. • H"'" .? -i"» Ul^

Tar, Wilmington t S^ 2 .;,?,',*<

Pitch, city .." 1^ « *!"

Spirits turpentine .-•ii'lfi'- ,,-*??*

, .,,.Rosin, strained to good itrd.* bhl. l!ii-,» 1 42H" low No. 1 to good i;o. 1 " 1 III a 2 Ij

•• low No. 2 to good Ho 2 " 1 50 a ...

•• low pale to extra p lie . .•' ^ 59 * o

•• window glasB " 4 00 a 4 25

Almonds, Jordan shelled * lb. 47 ® ....

Brazil ,5>*a 5XFiliierts, Sicily Of ...

Walnuts, Naples ISXa ••••

Pecan *>'® '^

OAltUM—Navy ,U.3. Navy* best* tt. fxa lOS,

OILS—Cotton seed, crude , * gal. 40 a 1!

Olive, in casks* gall "^' '5 <• ' :'?

Linseed, casks ana bbls 59 a 01

Menhaden, crude Sound • 27 a cO

Neatslool, No. 1 toextra 60 a »0

Whale, bleached winter " --•» 50

Whale, crude Northern 43 a "Sperm, crude

., , ;,vS 1 n-Sperm, bleached winter ' 102 a 10;Lard oil. Kos. 1 and 2 45 a 52

city, thin oblong.bags, gold.* ton. ...e 3" 51

Western, thin oblong (Uom.)cur " 23 534 29 00

PBTROLBUM- , ,Crude,lnbulk » gnl. ...a 8

Cases • "j« ">»

Refined »«» ....

Naphtha, City, bblB " '\» S

PKOV1810W8-Pork, mesc, spot Vt^^l. 8 30 « ....

Pork, extra prime „. " -.• •Pork, prime mess. West " ....a4>i;el,p ain ;nt;Be

^^&

Beol US ",West.ru 15 '0 la 16 .0

Bacon, Weft, long clear •J ...» •'MHams. smoked ' IW,»

''Jj,Lard. City steam. « 4Ud 6)5

v^uriHina, fair to prime * ». Wj 6^Louisiana. lair to prime.... .. . 6)^a 6^Rangoon, in bond, ¥ 10. B ....« SXPatna. amy paid —

a

Turk'slBland * bnsh @Vvornoo?.'A«"hton'Bfine.'.V.'.»'B»olti

'.'.'.'. a 256"

. IS '.lib- , „Olover. Western V lb. t n ,\Olover, New York State

. :;--®, .^.

ri..u)t.,y Vbush. 15 \ y<

Canary, Smyrna '''> ® ' •«

anarv.Sl. Ily . .„ ® : .7^

Cin»rv.S"b»h S 10 .220

ijai.aty, Ou'ch, g ' f'J

H-ii'P, lorelgM 14 W '*'Flaxsei-d, •\ine'-lcao, rough 1 4i)i® ••Llnseid, Calcuila *i6B.irol't. 2 US ® 2 '0

Uuseed, dombay *U>.,g}lil. ... ">

SALTPKTRK-ReOned.pure *lb 6 a 9Crude per 100 Ib.gold 6 00 aNltratesoda " •' 3 23 a ..'.

SILK-Tsatlees, No. 2 NoneTavsaams. No. 1 4 75 aRe'-reeledTsatlees, best 5 25 © ',]]'.

Re-reeled Congoun, No. 1 4 7i ® ....

8PBLTKR—Foreign '.00 Ib.gold. 5?7Kft 6 00Domestic, common cur. 4 S7S6 5 25

SPICES—Pepper, Batavli * Ib.golddo Singaporedo white

(jassla, China Ltgneado Batavla

Ginger, Africando UalcnttaMaceNutmegs.tiatavlaand FenangPimento, JamaicaClovesdo stems

i2va 13....® 19

....a n15 ® 20....a 5H....@ SV.. a Klso a 85

....a IJ36 e

SPIRITS-Brandy, foreign brands * gaV.Rum—Jam.,4th proof *'

St. Croix; 3d proof "Rln *•

Whiskey, Scotrb "do Irish "

Domestic liguors—Alcohol * gall.WhialreT "Brandy (Cal.) dellv. In N. V .. .. "

8TKKL—English, cast,2d& 1st quality *lbgoldEnglish, spring,2d & 1 st quality. .

"

English bliBt,er,2d* 1st quality.. "

EnBllshmiichinery "English German, 2d 4 Ist quality '•

American blister cur.American cast. ToolAmerican cast springAmerican iuacblneryAmerican German spring

gold.3 75 ® 17 00i to @ 300S M » 4 003 00 a. 3 1'

r 611 ® 4003 60 ® 390

2 17 a1 Oi » 109K.... a 3 5u

more J'rtco.I4SW It

6S«| 'K^ (a 14

OS® loxUi.'-.U. HH....a 9

....<» 1«

.V lb. 6ya7Ji»7H»->%*

T«®4Ha«va7)«<ieva^%a»>4'*

9Ha9Xa9 a8X4*%»74ia7«a

tv»

sroAR- , ,

Inferior to common refining...

F»lrGood refiningPorto Kico. refln . fair to primBoxes, clayed. Nob. 10®12Centrifugal, Nos. 7®13MeladoManila, sup. and ex. supnatavla. Nos l'i®12

Brazil. NoB.9@URfflned—'il&rA, crushedHard,powdereddo granulateddo cut loat

Coflee,A, standarddo otf A

White extra CExtraC

Yellow..Molasses sugars

TALLOW-l»rliueclty r ».

il,»on,Commo» to lalr... cnT.*7> la «do tiuperlor to lli<e

do Bxtratlne toflnest

do ChoicestYoung Hyson, Com. to fair

do super. tu fine

do Ex. fine to finest

do ChoicestBonpowder.Uom to fair

Jo Sup. to fine .

do Ei.flne to finest

do ChoicestImperial, Com. to fair

tio Sun. to line

do KxtraflnetoflnestByson Skin. ft Twan. com. to fair.

do do Sup. to flue

rto do u,x flnetoilneet ,

OncoioredJapan.Com.to lair..

,

CO Sup'rtoflnedo Ex.flnetotlnest

Oolong, Common to lalr»«Mdo Superior toflnedo Ex dneto finest

do (-holcest8OUC.4 Cong.. Com. to tair

do Snp'rto fine

do RT.flneto finest

do Choicest

7X'Xfit

IX

9K»X*•»

8XfX-'%

1%

goid.yib

V.V.V.Vvbx g d.

TIN-BancaStraitsBnglish,refinedPlates, I.e.. coke....PlateB.obar.terne

TOBACCO-Kentucky luos, heavy •,••*?

•• leaf, •• com.toflne.

Seed leaf—New Eng.wrapper8'!^'77.. do flllere, '76-'ii .

Pa. assorted lots, '76-'77

Yara, landllcuta, assorted

Havana, com. to fine.

Manufac'd.in bond, black work" " bright work

wttWOOL-Amerioau XX.........American. Nus. 1 « 2....

American,CombingExtra, pulledNo. 1. PulledCalifornia. Spring Oilp-Snperlor. unwashed

Inlerior||

Sjnth'iln.'MerVncVnnwasVedCape Good Hope, unwashedTexas, fine. EasternTexas, medium, tastem •.• •.

S uyrna.unwashed go""-

4H.IGUT»-l,> Livbbpool:

iOt O'l „*„,'•lour * bt".

leav lOOdB. . ton.inrn'n'lkftbgs. • bu.

vynnat.bbik* bags..

Boel"jf,-Pojk • •""•

.— BTKAM.-

B-U3 6 .t

42 6

7

'.X7 I'

11-3/

.5 a itS5 a 40Nominal.

76 ® 21

25 a 32ss a 45Nominal.

16 «, 23

so a S343 <i SONominal.

18 (» it2! a 3i

3i a IS

14 15

16 a 11

NomtnBi.17 a 2i

•if. a C8

!6 a 46

19 a :3

18 a ti3.i a 4)Nonilnal.

13 a 28

27 a S3

40 '• f-i

53 ® 70

,_ UKICX* It

. ...'A 14X5 80 ® 3305 T5 B 600

SKa 5

;x« 13

10 a6 <A

S u 10

73 a 82H73 Z 12011 a14 a 4O

.'>f' rt» 34

23 a 18

b6 fa 42

so a 31

IS a 20

22 a 2(

20 to14 M IB

12 a SO

<s a 26

2.3 a SO

22 a 2S

21 a U18 a 15

-iAII..—

»

,.«.

...« 9-Ht Ha

«.'6» 30

IOCTOJUCR 86. 1»78.J THE CHRONICLE

Cotton.

Knoop, Hanemann & CoOOnniNSlON nBROHANTS,

«3 n^HANOB rU&C'B. NEW YORK.

BOVSC Ql

nanrbestcr and Liverpool,

OK fRRSEY dc CO.

Wm. Felix Alexander,II COTTON BROKER,

AITQVSTA, OEOROIA.Bntlre ntlentlon given to pnrctiaie of COTTON on

OBDEB Jor SPINNEHS and KXPORTEK8.CORRKSPONDENOK BOLICITKO.

Befcrences :—National Bank of Angusta. QcorRia;Henry llents ft Co., Commission Merchanta, NewTork ; William B. Danaft Co., Proprlttora CoMvnOUL AND FiMANOiAL Chioniclii, and other NewTork UouBca.

Dennis Perkins & Co.,COTTON BROKERS,

117 Pearl Street, New York.

Sawyer, Wallace & Co.,

t OTTON KACTOBS A COMMISSION MKR'.HANTS

47 Rroad Strrnt. New York.

E. O. Richards,(Successor to A. L. RICHARDS)

Rhlpplng and Commission Ttlercbant

No. aa BROAD STREET. NEW TORK.

James F.Wenman& Co.,COTTON BROKERS,

No. 146 Pearl Street, near \rall, N. t.EstabllBbed (In Tontine BulldlnR) 1S41.

Macaulay & Co.,coninissioN merchants,

a WILLIAM STREET, NEW TOEK.Fatnre Contracts for Cotton b/^nsbt and loldon

tiMnmlaalon In New Tork and Liverpool.

John F. Wheless & Co.,COTTON

conmssioN kierciiants,NASHVILLE, TENNESSEE.

Speclalattent'on given to Spinners' orders. Corre-pondence tn\\ciU»\.Bir>ii«K('X8.-Tblr4 and Fourth National Banks

and Proprietors of The Chroniclk.

Steel Pen§.

JOSEPH GILLOTT'SSTEEL PENS.

SM fy ail Jtabrt iMrtmglumt tht WarId.

STEEL PENS<tf BUpcrior KiiKliah mriko ; famous for durability andeu^tlrity; c'-\--\\. vnrlcty ofetvlcs puited to every kindof «ri: : i; ;

i.r sale bv deakTB Kfnerally.'i"\\ i.\ r V-KIVt assorted paniples for trial, Iti-

«?&^.!r "U" AND "FALCON"Pens, by mall, on receipt of Twcnty-flve Cents.

IVISON, BLAKEMAN, TAYLOR & CO.BOLa AOEXTfl FOB THE U. 8.

J38 and 140 Grand St., New York,

COTTONFROM

SEED TO LOOM1 8 r 8 .

The contents of this book are as follows:

IVIAI* OF IIVDIA.We have prepared a large Map of IndU, •howing, among other thloga, all of the

cotton (liBtrictB of that couniry. The map is made up from original wurcei and willwe think, be found very useful.

CHAPTER I.

Introductory—Showing the Object and Scope of the Book.

CHAPTER II.Hietory of Cotton in the United States from the date of ita earliert prodnctton,

tracing the progress from year to year, with the inventions which gave theimpulse to that progresH; also a table of receipts and export! at each out-port olthe United States from the earliest records down to 1877, ate, 4c.

CHAPTER III.India production of Cotton Goods from Earliest Dates—Interesting Review of the India

Export Trade In Ooods from before the Christian Era to the Present 1 ime, Ac.The Monsoons and their effect upon and relation to the Cotton Crop Also, thepast Production of Cotton in India and the present supply, with a detaileddescription of each Coiton District from which the present supply comes^Severalwood-cuts and full Statistics of the Trade, &c., &c.

CHAPTER IV.Acreage in the United States—Yield and Acreage by States since 1869—Pouibilities of

Crops with Acreage given—Growth in Acreage illustrated and proved—Percenta((eof Production and Acreage in J^ch State, &c., &c.

CHAPTER T.Planting—Cultivation from January to Jane—How Land Prepared and Seed Planted

Old Lands being Reclaimed—Early Growth of Plant—Chopping Out—Securinga Stand—Cotton Plant very tender in Early Life and tough afterwards—Ita EarlyEnemies and Diseases—Crab Grass—Wet May and June—Rainfall, Thermometer,Chronicle W eather Reports and Agricultural Bureau Reports, from January toJune, for 1870 to 1877—Very important deductions from the weather dau, Ac, Ac.

CHAPTER VI.Summer and Fall Growth—Formation of the Btld, its Shape, Ac.—The Blossom, how it

changes its Color and Shuts and' Falls—Formation of Boll—Habits of Blossom andPlant in Relation to Sun—Definition of Bottom Crop, Middle Crop and Top Crop-Cotton Enemies in Summer, Lice, Rust, Sheddii^, Boll-Worms, Caterpillars, Ac.Number Bolls to Make a Pound, Ac.—Rainfall, Thermometer, Chkonici.e WeatherReports and Agricultural Bureau Reports, from July to December, for 1870 to 1877—Tables showing Date of Frost and End of Picking Season at a number of pointsin each Southern State for Seven Years Past—Important dednctions from thisReview and Analysis of Weather for past Seasons, Ac, Ac.

CHAPTER VII.Qaihering and Marketing of Crop—The Influences affecting Market—When and why

a Crop will bo Marketed Early—An Analysis of the Movement to the Ports of EachCrop from 1870 to 1877, and tbe Reasons tor Delays and for Haste—Tables Showingat Several Points in Each State the Date of tbe Receipt of First Bales, ArrivalsNew Cotton to September 1, Ac, Ac.—Also, Height of Rivers for a Series ofYears. All these facts are so arranged as to enable the reader to form a correct

opinion of the future. This chapter closes with the daily receipts and percentage*of past receipts for a series of years, Ac, Ac

CHAPTER VIII.Prices of Spots and Futures, for a Lonir Series of Tears, at New York and Liverpool

—

Cotton Movement at New York, &c!, Ac.

CHAPTER IX.Consumption of Cotton in Europe and the United States—Some Thouirhts oa this

Subject which may bo Suggestive—Also, full Tables and Statistics Showing PastConsumption, Ac, Ac.

This is a very brief summary of the contents of this book. It is a

large octavo volume of over three hundred pages, ox)ntaining everthing the

trade needs for reference, and drawing conolosions from the experience of

the past, which ought to make crop estinaatee in the fatare leas difficnlt

and uncertaui.

Price, ------ Three Dollars.

FW 6< ma\Mi to any addrett pcttpaid on receipt of prit*.

Wm. B. Dana & Co., 79 & 8i William St., N. Y.

HENRT HERBERT, 5 Aa«ttn Friars. Old Broad hi., l«ndon«

Vi THE ( HRONICLE [Vol, XXVn.

Insurance.

HOME '

Insurance CompanyOF NEWT TORK,

j

OFFICE, No. 135 BROADWAY.|

Fiftieth Senii-Annnal Statement;SHOWING THB

Condition of tl>e Company on the flrsiday of July, 187S.

CASH CAPITAL $3,000,000 00Reserve for Re-Ineurance 1,795,699 SOReserve for Unpaid Losses 206,131 28NetSurplus 1,179,,012 38

TOTAL ASSETS $6,180,873 16SUMMARY OP ASSETS.

Cash In Banks f246,U5 85Bonds and Mortgages, being first lien onreal estate (worth »4,315,oOO) 2,024,553 00

United States stocks (market value) 3,050,625 00Bank Stocks (market value) 190,212 50State and Municipal Bonds (market value) 199,206 00Loans on Stocks payable on demand(market value of f>ccurltles, JiS24,537 50) 213.M5 47

Interest due on Ist of July, 1:JT8 t>2,203 61Balance In hands of Agents 144,023 74Keal estate 12,288 53Premiums due and uncollected on PoliciesIssued at this olBce 7,950 01

Total 16,130,873 IS

A Dividend of FIVE Per Cent has

been declared, payable on demand.CHAS. J. MARTIN, President.J. H. WASHBURN, Secretary.

North British

and Mercantile Insurance

CompanyOF

LONDON AND EDINBURGH.United States Board of Management,

NEW TORE:SOLON nUMPHRKYS, Chairman,

(B. D. Morgan & Co.

DAVID DOWS, Esq. (David Dows & Co.)

E. P. FABBRL Esq. (Drexel, Morgan & Co.)

Hon. S. B. CHITTENDEN.EZRA WHITE, Esq. .

lOHN J. ASTOtt, Esq.

CHAS. E. WHITE, SAM. P. BLAGDEN,

MANAGERS,

Office 54 AViUlam St., New Yorb:.

Liverpool &London & Globe

Lnsurance Company^

45 Willimn St.

J. E. PUESFORD,

Resident Manager.

LyOiUfnercial

(union Ins, Ca{OF LONDON),

ALFRED PELL,\

Resident Manager,\

3r & 39 Wall Street ^

D. W. Lamkin & Co.,Cotton Factors,

VICKSBCRG, iHISS.

Orden to Purchase Cotton tn our market sollcUMj

Refer to Messrs. THOMAS J.CSLAUGHTKB, SewYork

\

t

Cotton.

Woodward & Stillman,SEAMEN'S BANK BUILDING,

Nos. 74 & 76 ^rall Street,

NEW TOKK.

GENERAL COMMISSION MERCHANTS

I4OANS MADE ON ACCEPTABI.KSECDRIXr.

Liberal advances made on Consignments.

Special attention paid to the execution of orders for

be purchase or sale of contracts for future delivery

f cotton.

W. C. Watts & Co.,

SI Brown>s Buildings,

LITERPOOIi,

aoUelt cooslgnmenla of COTTON an'-: orders for ti e

ptLTChase or sale of future shipments or delivencs.

Advances made on consignments, and all luformatlOL

afforded by our frlenas, Messrs. D. WATTS & Co.,tl

Stone street, New Fork, and Messrs. D. A. GIYKN A

BON, 64 Baronne Street, New Orleans.

H. W. &J.

H. Farley,COTTON FACTORS,

COMMISSION MERCHANTS,AND

riNANCIAE AGENTS,132 Pearl Street,

P. O Box .3,909. New ITorlc.

Advances made on Consignments.Special personal attention to the purchase and sale

of '' CONTRACTS FOK JUTUKE DELIVKRT"OFCOTTON.

Bennet & Foulke,

GENERAL

ooramissioN rierchants,

131 Pearl Street, New Vorlc.

Special . attention erlven to the execution of orders

for the oarcbase or sale of Contracts for Fntnre

Delivery.

R. M. Waters & Co.,COTTON COMMISSION MERCHANTS

AXDBANKERS,

64 BROAD STREET, NEW TOEK.

.^ . Geo. Copeland,COTTON BROKER,

ISe PEARI. STREET, NEW YORK

J.C. Johnson & Co.,

0®TTON BUYERS FOR MANUFACTURERS

IVEinPBIS, TENN.

H. Tileston & Co.,COTTON BUYERS & COMMISSION MERCHANIS

60 Stone Street, Ne-w York.Ordera In Fntures executed at N. T. Cotton Exchange

WALTER & KROHN,COTTON RROKERS,

S3 BEAVER STREET, NEIV YORK.

Cotton.

L. F. Berje,

OOTTON BUYER AND COMMISSION MERCHANT

N E TT ORI.EANS, LA.

Waldron & Tainter,(Snccessers to NOUBSE t BROOKS),

«BNERAI. COTTON MERCHANTS,97 PEARL STREET, NEW YORK,

Vatnre orders proai.iUy executed.

B. F.BABCOCK&CO.COMMISSION MERCHANTS,

IT Water Street, lilVERPOOL,Receive conelgnments of Gntton and other Produce,

and execute orders at the Exchaniresln Liverpool.Kepreaented In Kew York at the office of

BABCOCK BHOTHERS & CO .

EO Wall Street.

Henry Hentz & Co.,GENERAL

cominissioN iuerciiants.174 Sc 176 Pearl St , New ¥ork.

Advances made on Consignments to

Messrs. JTAITIES FINLAY & CO.,

LIVKKFOOL, LONDON AND GLASGOW.

Also execute orders for Merchandise through

Itlessrs. FIN I-AY, MCIR & CO.,

CALCUTTA AND BOMBAY.

FOTUKK CONTRACTS FOR COTTON bought andsold on commission In New York and Liverpool.

Lbhhan, Abbahaai & Co.,New Orleans, La.

Lehmak, Duhr & Co.,Montgomery, Ala.

LEHMAN BRO'S,

Cotton FactorsAND

COMMISSION MERCHANTS,40 EXCHANGE PLACE,

Tie-w York.Orders executed at the Cotton Exchanges In New

York and Liverpool, and advances made on Cotton

and other produce couhlgned to us, or to our corre-

spondents In Liverpool, Me-srs. B. Newgass & Co.

and Messrs L. Koaeuhelm & Sons.

Ware, Murphy & Co.,

Cotton FactorsAND

GENERAL COMMISSION MERCHANTS

No. Ill Pearl Street,

N K W Y O R S .

Special attention paid to t le execution of orders

for the purchase or sale of contracts for future

4eUvery of cotton. Liberal advances made on con-

signments.

B. R. Smith & Co.,COTTON

coin mis SIGN merchants,125 PEARL STJIEKT, NEW YORK,

44 Broad Street, Boston*Liberal advances made on consignments. Prompt

Eersonal attention paid to the execution of orders forhe purchase or sale of contracts for future delivery."

E. S. Jemison & Co.,(Successors to MOODY ^k JEMISON),

RANKERS, COTTON FACTORSAND

GENERAL COMMISSION MERCHANTS,No. 123 Pearl Street, New York.

Advances made on Consignments. Future Con-tracts for Cotton bought and sold on Commission, inNew Yor« and Liverpool.

Insurance.

vETNAInsurance Company

OF HARTFORD.Total Aeseti- January 1, 1877 $7,115,621 42Capital $3,000,000 00Rct-insuraticefund. ... 1,741,273 48Unjpaid losBes, etc 4'^9,114 83— 6,170,388 24

NET SURPLUS, Jan. 1, 1877.. $1,945,336 18No. 2 Cortlandt St., New York.

JAS. A. ALEXANDER, Aeent.