kmmHUNT'S MERCHANTS' MAGAZINE,

KKPRESENTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES'

VOL. 33. NEW YORK, NOVEMBER 6. 1881. NO. 864.

Ftnancial.

Phelps, Stokes & Co.,I. N. PHKI.PS.JAMBS ^TOKKa, BAVWRUANSON I'UKI.PS 8TOKR8, BAi^a.I.n.a,C P. 01.COTT.

46 4c 47 Wall Street, New York,1 S S U K

TRAVBLEHS' CREDITS,CIRCULAR NOTES,

COBinERClAL CREDITS.LONDON C011RK8P0NDENT3

:

The U>loa Bank of Loadon. Messrs. C J Hunliro* 80D.

BanqueCentrale Anversoise,

Antwerp.

PaldCp Capital, - • 9,000,000 Franes.

BOARD OF DISBOTOSaFklix Grisar, President.ALrBiu MAyi'i.VAV (Uraff & Maqulnar}< Vlce-PreeJ. B. Von DEii BECKC (Vou der uecke It MarellT).OTTO GUNTUBR(CorneUle-U»Tld).Kmilk lie Uuttal.Aj>. Frank (Frank. Model & Cle.>Aco. NUTTKUUUM (Noltebohm »ere8).Ftu Dhanim (Michlels Loos).JOH. Dan. Flhkmann. Jr. (Joh.Dan. Fuhrmann.)Lons WEBEBiKd. Weber A k le.)

JCLC8 Kal'tknsiraucu (O. Schmld A Cle.)

TRANSACTS A

GENERAL BANKING BUSINESS.

ASA P. POTTCR. Prest. J. J. BDDT, Cashier.

Maverick National Bank,BOSTON,

CAPITAL,SURPLUS,

»400,000400,000

Aocoonts of Banks and Bankers solicited.Collections mane upon favorable terms.

Strictly flrBt-ctass Investment Securities Nego-

LIWU H. TATLOR, JB. LINDLIY HAINI8

L. H. Taylor & Co.,Bankers and BroKers,

140 SOUTH THIRD 8TBEBT»FHILADBLPHIA.

Uepoftiu recelve<l subiect to check at slsht, andinterest tillow<!d on daily balances.

dtocka. Bunds, Xc, buuKbt and sold on oommlMlonIn PhUadelptiltt and other cities.

Paitloalar attentiun Klreo to InformatlOD r«Rmnl-Hff iDTeatment i*ecuriuo8.

Aug. T. Post, Banker,S3 NASSAU STREET,

BUYS AND SELLS

Mate, Ctty and County Securitiei.CORRESPONDENCE SOLICITED.

Samuel M. Smith,40 WALL STREET.

DEALER INOltr KallWHT 8ecnrtitea, Gaa and Baak

Htadu, laearaaoa Herip.

Financial.

John Pokdir. EotrABD Mkbtins. ado. Nathan.

Pondir & Co.,stocks. Bonds & Inrestment Securities,

30 EXCHANGE PLACE, NEW YORK.Orders executed on the London and European

Markeu.

J.H. Latham & Co.,

HMVESTMENT SECURITIES,New York City, Chlcaaro, Cincinnati. St

Louie, District of Colainbla, andGovernment Hecurttlen.FOREIGN EXCHANGE

2 WALL STB££r.J. H. Latbah. F. W. Pirbt.

GWynne & Day,rEstsbUslied 1854.] No. 46 Wall Street

Transact a Keueral banklnK and brokerage busi-

ness In Railway Shares and Bonds and QoTemmentseoarltles.

Interest allowed on deposits.

Inrestments carefully attended to.

C. E. Jackson & Co.,jniDDLBTOlVN, GONNm

Bay and sell GoTernment, 9tate. Manlcipal and

Batlroad Bonds and Stocks. Inrestments for Bar-

Ingfl Banks a spedaltj. Correspondence solicited.

Car Trust Bonds.WB MAKB A SPBCIALTT OF THBSB VERY

SAFE SBCCRITIBS.ANO BUY AND SELL SAMKAT MARKET PRICE.WB OFFER A LIMITED AMOUNT OF DESIR-

ABLE CAR TRUST ISSUES, ADDITIONALLV8BCLRBO BY THE DIRECT OBLIGATION OFTHE RAILWAY EQUIPMENT COMPANY.

CLARK, POST~ A MARTIK,34 PINE STREET.

Lummis & Day,Noa. 84 and 3S DREXEL BULLDWa, Cor. WALL

and BROAD STREETS,BANKERS AND STOCK BROKERS.WlIXIAH LUMUia, HKSRT DAT.

Members of New York Stoek EzobanK*.

Taintor & Holt,BANKERS,

No. 10 WALL STREET, NEW YORK.TRANSACT a OBNBKAL BANKING bnslnees.

DEPOSITS received and INTEREST allowed onbalances.

Buy and sell OOYERNMENT, MUNICIPAL andRAILROAD bonds.

Private telegraph wires to Providence and Boston

O. B. TAINTOR. OBO. H. HOLT

Simon B org.He. a WALL STREET. NEW YORK.

DEALER IN ALL KINDS OF

Ballroad and Inrestment Securities.

SODIBBSN SaOUBITOM A SPBOIALTT.

Financial.

R.J.

Kimball & Co.,BANKERS AND BROKKR.>«,

No. 36 Nassau Street, New York.Thirteen Years' Membership in New York Stock

ExohanKe.R. J. BUHBAUs a. B. LotntSBBBT. F. B. BALLABD

Member* of N. Y. Stock Exchanxe.

Hatch & Foote,BANKERS, No. li WALL STREET,

Birr AVD BILL

OOYEBNMBNT BONDS. STOCKS AND MI8CML.LANEOD8 SRCURITIB8.

W. A. Anderson,BROKER,

Dealer In Money, S locks and Bonds,

MOBILE, AL.A.Special attention given to purchase and sale of

Alabama State and Mobile City Bonds.

WH. L. FBEKSE, WM. P. SMITH,Memoers of New York Stock Exchange.

Breese & Smith,BROKERS,

Ne. -.19 BROAD STREET, NEW YORK.Qovemment Bonds. Stocks and all Inveetmeat

Senurltles bought and sold on commission.

C. I Hudson & Co.,3 EXCHANGE COURT, NEW YORK,

Branch OfBce and Private Wireat the "CCHBERLAND," Broadway and 22d Street.

Buy and sell on commission, for investment or onmarKln. all securities dealt In at the New YorkStock ExchanKC.R. R. Liar C. I. Hitdson, T. H Citbtu.

Member N.Y. Stock Exob.

Oilman, Son & Co.,BANKERS,

«3 CEDAR STREET.In addition to a Genera] Banking BnslneBB,bri

and sell Oovemment Bonds and Investment ?ecan.ties.

Lansdale Boardman,STOCK BROKER,

No. S9 BROADWAY, Roome 37 dc 3.H.

Bbanch Orrici, Tboy, N. Y.,

Connected by Private Wire.

ALL seonrltleb dealt In at the New York SteakExchange bought and sold on commission and oa^rted on a fair margin.INTEREST allowed on credit balances.

A. H. Brown & Co.,BANKERS AND BROKERS,

t Wall St., «'or. New, New York.

INVESTMENT SECURITIES.

Special attention to buslnras of conntry banks.

J.D. Probst & Co.,

STOCK AND BOND BROKERSNo. H ZCHANOB PLACE, NEW YORK.

STOCKS, RAIUtOAD BUNDS, OOVaBKICXim ANUMISCKIXilBKODS HBCtlBITIU BODSBT AMD 80U>ALBX. 8. CLABX H. B. BA0O>

u THE CHKONJ(LEForelgfu Exctaauge.

August Belmont ik Co.,BANKERS,

Nob. 19 dc 21 Nassau Street,

Issue Travelers' Credits, available In all parts of the

world, through the

MESSRS. DE ROTHSCHII.Daod their correspondents.

Also Commercial Credits and Transfers of Moneyon California, Europe and Havana.

Morton, Bliss & Co.,23 NASSAU ST., COR. OF CEDAR,

NEW YORK.Issue Circular Notes and Letters of Credit for

Travelers ; also, Commercial Credits, available in aUparts of the world. Negotiate first-class Railway,City and State Loans; malce tftiegraphtc transfersof money and draw Exchange on

MORTON, ROSE & CO., LONDON.HOTTINGUER & CO., - - („.„,„CREDIT LYONNAIS i

PAB18.

AMSTERDAMSCHE BANK, - - AMSTERDAM.

Jesup, Paton & Co.,BANKERS,

53 William Street, New VorK.

Accounts and Agency of Banks, Corporations,arms and individuals received upon favorable terms.Dividends and interest collected and remitted.

Act as agents for corporations in paying couponsand dividends'; also as transfer agents.

Bonds, stocks and securities bought and sold oncommission.Sound railroad and municipal bonds negotiated.

Sterling exchange bought and sold. Brafts on

Union Bank of London.

[Tol.. XXXIII.

Foreign Exchange.

Drexel, Morgan & Co.,WALL STRBBT,

CORNER OP BROAD, NEW YORK.

Drexel, Harjes & C«

31 Boulevard Haossman^

Paris.

Erexel & Co.,

>i-. 34 SotiTH THlED St.

PtalladeJpbla.

DOMESTIC AND FOREIGN BANKERS.Deposila received subject to Draft. Secunt'.es. Gola,

4c., Dought andeold on Commission. Interest allowecon Deposits. Foreign Exchange. Commercial CreditsCable Transfers. Circular Letters for Tra^alen,Available in all parts of the world.

Attoe-nbts akd Asints or

inessrs. J. S. inORRAN & CO.,No. 88 OLD BROAD ST., LONDON

Brown Brothers & Co.,No. fi9 DTA!.!. SX., N. V.,

BPY AND SKLL

BIL.L,$ OF KXCHANOEON GREAT BRITAIN AND IRELAND, FRANCE,

GBRMA2?Y, BELGIUM AND HOLLAND.Isgne Commercial and Trayelers' Credits

IN SJERLINO,ATAILABLE IN ANY PART OF THE WORLD.And in Francs, in Martinique and Guadaloupe.

RIAKE TELEGRAPHIC TRANSFERSOF MONEY

Between this and other countries, through Londonand Paris

ICake OoUections of Drafts drawn abroad on all

points in the United States and Canada, andof Drafts drawn in the United States

on Foreign Countries.

"S. G. & G. C. Ward7AeSNTS FOB

BARING BROTHERS Ic COISPANV,63 WALL STREET. NEW YORK,

38 STATE STREET, BOSTON.

J.&W. Seligman& Co.,

BANKERS,No. 94 BROADTVAi^,

NEW YORK.

Issne Letters of Credit for Trarelers,

Payable n any part of Europe, Asia, Africa, Ans-tralta and America.Draw Bills of Exchange and make telegraphic

transfers 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 ONniVNROE & CO., PARIS.

BTKRLINe CHEQUES AND BILLS AT SIXTYDATS' SIGHT ON

ALEXANDERS ic CO., LONDON.

OrBCiri.A.B NoTxs urn CBxnrrs foe Tbatbijibb.

J. & J.Stuart & Co.,

33 NASSAU STREET.BILLS OF EXCHANGE ON

SRIITH, PAYNE tc SmiTH'S,BANKERS, LONDON

;

lUANCHESTER & COUNTY BANK,"LIMITE]!);"

MANCHESTER, PAYABLE IN LONDON;

ULSTER BANKINO COMPANY,BELFAST, IRELAND

Ain> 0» THENATIONAL BANK OF SCOTLAND,

EDINBURG, AND BRANCHES;AI/SO.

CABLE TRANSFERS AND LETTERS OF CREDIT

John 8. Eemnxdt. J. KENNEDY TOD.

J.S. Kennedy & Co.,No. 63 WILLIAM STREET,

New York.

BUY AND BELLRAILROAD INTE8TUSNT SEOURITIESi

COtLECT CeVPONS ANB DmDENDB

;

SEQOTIATE LOANS AND DRAW BILLS OFHXCHANGB ON LONDON

All business relating to the Coastmctlon andBqalpmmt of Balilrgwl* luaertakSB.

Kidder, Peabody & Co.,BOSTON, MASS.,

Cor. Wall and Nassau Sts., New York.

FOREIGN BANKERS.

CABLE TRANSFERS, BILLS OF EXCHANGEAND

COMHEKCIAL AND TSAVELBBS' 0BBD1T8.

CORRESPONDENTS :

BARING BROTHERS <& CO., London.

PERIER FRERES <& CO., Farts.

MENDELSSOHN &. CO., Berlin.

NEW YORK

:

William Heath,CHAKLKS B. QniNOET.

LONDON:Wm. R088BLL Wise'

William Heath & Co.,BANKERS,

10 Auj^el Court, liODdon, England.Draw BillB of Exchange and transact a general

financial commission business. Particolar atteniton

given to American Securities.

William Heath & Co.,BANEBRS AND BROKERS,

61 BROADWAY, NEW YORK.Mkmbebs of New Yobk Stock ExoBANes,

Knoblauch

& Lichtenstein,BANKERS,

29 tVllIlam St., cor. Excbanee Place,NEW YORK.

Make Telegraphic Money Transfers.

Draw Bills of Exchange and Issue Letters ofCredit on all principal cities of Europe.

SPECIAL PARTNER,DEUTSCHE BANK, Berlin.

HilmerSjMcGowan& CoBROKERS IN

Foreign Exchange, Stocks and Bonds,

63 WaU street, Nevv York.

Special attention paid to orders at the New YorkStock Uxohange and New York tuning Board.

Foreign Exchange.

J. H. GOADBY & B. E. WALKER,JOINT AGENTS

Canadian Banl< of Commerce,16 EXCHANGE PLACE,

BUYAND SELL STERLING EXCHANGE, CABLETRANSFERS, ETC.

ISSUE COMMERCIAL CREDITS, AVAILABLEIN ALL PARTS OF THE WORLD.

Foreign Banlters.

Nederlandsche

Handel-MaatschappijjThe Metherland Trading Society

OF HO I. I. AN B,BSTABLI8KD 1824.

Paid-up Capital, 36,000,000 Florins.($1 4,400,000, Gold.)

Execute orders lor the purchase or sale of Merchan-dlse. Bonds, Stocks, and other securities. In theUnited States, Europe and the East ; make ColIectlonB,buy and sell Foreign Exchange, and give advancesupon Merchandise for Export.

OLIVER S. CARTER, 1 AgenMSTANTON BLAKE, 5 forHENRY E. HAVVLUY. ) Ameilc.

New York, January 1, 1879.

Office, 142 Pearl Street, New York.

Adolph Boissevain & Co.BANKERS

AND

C o ITf n I!«MI ON nERCHANTS,AMSTERDAM, HOLLAND

N. Y. Correspondents—Messrs. Blake Bros. * Oo.

Hong Kong & ShanghaiBANKING CORPORATION.

CAPITAL (paid-up) $5,000,000RESERVE FUND 1,900,000

BEAD OFFICE, BONO KONO.The Corporation grant Drafts, issue Letters of

Credit for use of Travelers, and negotiate or collectBills payable at Bombay, Calcutta, Singapore. SaigonManila, Hong Kong, Foochow, Amoy, Nlngpo.Shanghai, Hankow, Yokohama, Hiogo, San Francis-CO and London.A. m. TOWNSEND, Agent, 47 William St.

Nederlandsch Indische

Handelsbank,AinSTERDAin, HOLIiAND.

BgTABLISHED IN 1883.

Pald'Up Capital, 12,000,000 Gnlldem,($4,800,000 Gold.)

HEAD OFFICE IN AMSTERDAM.Agencies ii> Batavia, Soerabaya and Samaranu

Correspondents in Padane.

issue commercial credits, make advances on ship

ments of staple merchandise, and transact other

business of a financial character In connection with

the trade with the Dutch East Indies.

BliAKE BROTHERS & CO.,

Agents pok North America,

18 wall street, new york.m state street, boston

Canadian Banlierg.

agenct of the

Ba N KOF

British North America,No. 62 WAIil. STREET.

Buy and sell Sterling Exchange and Cable Trans-

fers. Issne demand drafts on Scotland and Ireland

also on Canada, British Columbia, Portland, Oregon,

Ban FrancUoo and Chicago.

Bills collected and other banking business trans-

acted, p. A. MoTAVlSH. I .„.„,,W. LAWSON {Agents.

Gzowski & Buchan,Bankbrs and Stock Broeebs,

toronto, ..--.--- canada.

Prompt attention given to Collection of Commer-cial Bills and Canadian Funds on all points In Cana-da; American and Sterling Exchange, and Stocks,Bonds, etc., bought and sold. „ ,. „ _ _Correspondents—Bank of New York, New York

and AJIlauoe Bank, LoodoB

NOTBUSBR 5, 1881.

J

THE CHRONICLE.

Canadian Banker*.

Bank of Montreal.

CAPITAL, •

NVJRFLI/N, •

• $ia,ooit,ooo, uoid.fi,000,OUO, Oold.

C. F. 8MITHKKH, PoMiiaent.

W. J. BUCHANAN, Oenoral Miinagor.

HKW YORK OfFJCfJ,No*. SB *t «l WALL. .STHEKT.

Wai.tib Watson. I . „„,.

Buj and aell Sterllnn Kxohaiute, Frsnu and CableTruiiDfers ; tfrant Commercial and Travelers Credits

aruilablelnanr part of the world: laiwe draft* onand make ooUectlona In Chicago and tbrouvhoat•he Dominion of Canada.

London OOIce, No. 9 BIrcbIn Lane.

Merchants' BankOF

CANADA.Capital, - - - 8.5,600,000 Paid Up.President, the Hon. JOHN HAMILTON.

Vice-President, .loll.v .\lcl.li:.NHAN, B80HEAD OPKICK, MONTREAL.

UKOKtiK UAUUR. General ManaKer.WM. J. 1J40KAM, Asst. Qeneral Manaftei

BANKERS:LONDON, KNO.-The Clydesdale Banklnu Comp'jNBW VOllK-The Bank of New York. N. B. A.The New York AKency buys and sells SterlinK Bx-

ohanKe, Cable Transfers, Issues Credits available inall parts of the wurUl, makes collections in Canadaand elsewhere, and Issues Drnfts payable at any ofthe offices of the bank in (^anada. Demand DraftsIssued payable In Scotland and Ireland, and everydescription of foreign banking business undertaken,NeMT York Ageuojr, 48 Kx ckauge-place.

1*BNKY HAGUE ) . „,JOHN B. HARRIS JK., (

^Kenti.

Chlcaco Branch, 138 Waahinitton Street.ARTHUR WKKSON, Mana«er.

Weatem Bankers.

A. Prescott & Co.,BANKERS,

«»»"»' MO.OOOTOPBKA, KANSAS.

Municipal Bonds and Mortunge Loans Negotiated.Ebiht per cent Farm MortnaHes a speolaltr. AijKNKftAl. BANKING BIWINI.SS TRANbAWBD.Collections and correspondence receive prompt at-

COBaisPONDINTS.- Boston. National Rank ofNorth Ainerica; New \ork. American KichanKoNational Bank and Ninth National Hank: ChlcaiToPreatOD. Kean 4 Co.: 8t. Louis. Third Natlona

gSTti-'kirnri^&n'lt'"^''^'^"•""^^ "" "«--

Jarvis, Conklin & Co.,LOAN BROKEE8,

KANBAH CITY, miSMOlIRI.WESTERN FARM MORTOAOKrt, YIBLDINOAND N 1-HR CENT. A HI'i56lAl,TY.Negotiate School District, Township, City and

Cannty Bonds. Write for circulars, blanks andeferencos.

nnanetal.

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

H. 8. HOWLAND, Prea't D. B. WLLKIB, CashierUEAD OFFICE, TORONTO.

BRANCHES;St. Catharines, Port Colborne, St. Thomas, Ingersoll,

Welland, Fergus, Woodstock, Winnipeg, Man. .

Dealers in American Currency & Sterling Bxchange.Agents in London : I Agents In New York:

BosA.NgiET. Sai,t4Co., Bank op Montkkal,Ti Lombard Street. | SB Wall Street.

Promptest attention paid to collections payable Inany part <>f Canada.Approved c'anadian business paper, payable In

gold or lurrcncy. discounted at the Head olHce onreasonable terms, and proceeds remitted to anypart of .he United .States by draft on New York.

GBO. A. Lkwis, Pres't. A. I,. Schmidt, Caahler

First National Bank,U. 8. DEPOSITORY,

LOUISTILLE, KENTUCKY.Special attention given to colleotlona. Proceeds

promptly remitted at best rates. Accounts of

Banks and Bankers solicited.

John V. Hogan & Co.,113 No Third Street, St. LoHia, Mo,,

BKAXEBS IN

Western and Southwestern Municipal and RailroadBonds or Stocks.

Defaulted bonds a specialty. Choice Investmentsecurities always for sale. Write to us before yobuy or sell any Illinois. Missouri or Kansas bonds.

P. F. Keleher sTCoiT305 OLIVE STBEET, ST. LOITIS, Mo.First-class Western Investment Securities for

ale. St. Louis City and States of Missouri, Kansas.Texas, Arkansas and Colorado Bond^ a specialty.Full Information given in reference to same on ar.llcation. Coupons and dividends collected.

CHliloriiiH Banks.

The Nevada BankOF

SAN FRANCISCO.New York Agency, 62 Wall St.

SURPLUS, invested" IN U. 8. BONDS84,000,000 GOLD.

GBOROE L. HRANDER, Agent.ISSUES Commercial and Travelers' Credits, avail-

able in any part of the world. Draws Exchange,roreign and Inland, and makes Transfers of Moneyby Telegraph and Cable.

THB~

Anglo-Californian Bank(I.IMITUD).

LONUw^, Hcadomce, i Angel Cona.SAN PRANCIkCW Office. 4*i California 81.

IV EW YORK Agents, J. A W. .Seligman & Co.BOSTON Corrcspoud'ts, Maesaohiuetts N. B'k.

Authorized Capital, - . «ie,OUU,0OU.Paid op ai2d Reserve, - 1,700,UOO.Transact a general banking business. Issue Com.

merclal credlu and Bills of Bxchange, available Inall paru of the world. Collections and orders forBonds, Stocks, etc., executed upon the most favorableterms. KBKD'K K. LOW

Leonard Matthxws. EnwARns Whitakeb,Member N. Y. Stock Ezch.

Matthews & Whitaker,ST. LOUIS, MO.,

BROKERS AND DEALERS INState, City, County and R.R. Bonds dc Stocks,Orders receive prompt and personal attention.Correspondents, Messrs. Maxwell & Graves. New

York City, and Messrs. Blake Brothers 4 Co., NewYork and Boston.

Financial.

R. T. Wilson & Co.,BANKERS AND COMMISSION MERCHANTS

2 Bxcltanse Conrt, New York.

» ., ,... 10"<ATXSTi;i.NHAKT.P. N. LILIK.NTIIAI,. ( a»hr.,r.

Managers.

JWestern Bankers.

''•pJi.M".''n''."" ! ,STATE BANkTTc. T. WaLKBSPresident.

) Incorporated IStSs. J Cashier.

German Bank,LITTLE ROCK, ARK.

^*"TAL ,Pald.|n) »r3,0fl0SIKPI.IJ* ..- -^3,000

E"?"?' "H"""° "'"'" I" 1^' business In our line

.n~d.LX'tfp3iSt"n'i:7t'^n'il''B"li.'k,^"'"'' * '''»•

American Cable Con.Continental Con.

Mexican National Sub.

Mutual Union Sub.

North River Con.

Oreg;on ImproTement.Oregon Tranecontinental.

Ohio Central Sub.

D. A EASTON,NO. 58 BROADWAY.

INVESTMENT SECURITIES.

An assortment of desirable bonds

always in hand.

Correspondence solicited.

ADDRESS:

A. W. Beasley & Co.,

»8 BROADWAY, NBW YORK.

FIOELITT QUASANTEB B0ND8AKB ISaUMD BY Tlia

FIDELITY dt CASUALTY CO.

A^.St?.':'.'^.:,-.-.-.:;-.-.-.-.".;. ^iSfiDepoyit with New York ImanuM' iiil

'"•"""'G*rtiiieDt, u. 8. OoTemmenl Bonds.... 100,000 00Bonds lunedgwutM na the Bdellty of perrcB*hI

ling posltlonj of pecnnRiry trust ud rMpooil.bility

; also guardian's bonds In Sorrogatea' CoarUsIndeninltv T>onds to SherHTIi. and caanntee allbonds and undertakings required by The ooarUotthis stale In olvll actions and prooeeSlnm...1 i?'i'.f'''''!£*"0" "<"»''>•'*'«'"•«""Wbe Ob-talnad at the ottoe of the compwy. 187 Broedvay.WM. II. BioaABDS, Preet. Jqbi« M. Cbami, geo'y.DmaoTOBs-Oeorge T. Hope, O. O, WUIIams, J. S.

A. B. Barnes, II. A. Hurlbnt, Lyman w. Brhnn, W.RJ^iS- ^*'£"S' P*""''. "• "• Chittenden, Oeorm g.Coe. Wa. M. Bleharde . Coui<»Bi/-Moore ALow.

Bonds of SuretysliipFOR

EMPLOYEES, & ALL OTHER KINDSOP eUABANTEE BONDS.

THB

Guarantee ComplyOF NORTH AMERICA,

No. 47 WILLIARI 8TKBBT.All Jadgea and officials In this State are now. brlaw authurlied to accept the bonds of this compMiy

In lieu of tiuUHduol bonds In actions and proceed-ings at law.

~w.~Cash capital paid up -.trO.OOOCash assets over .3*20 IHUIDeposited at Albany in U. S. Bonds iuo.OOO

NHW TnnK DIHECTOltS:J. n. » KK.^III.YE, I'resl.Merchnnts' Nat. Bank.Hv.'.V..';'!,*''.'*'"*^'' ''ri'»'- .^Iccluinics' Nat. Bank.ROHEItT n. .IIINTI UN, .Messrs. Grinnell, Min-

turn .^ Co.A. L. HOPKINS, Vice-President Wabaah St.»«k'!S'?.''^ Jllfl?" Railroad Company.JOHN PATON, Messrs. Jesup, Paton A Co.

W. H. DYCKMAN. Secrewrr.

The Brooklyn Trust Co.Cor.of Montague A Clinton sts.,Brooklm, N. T.

This Company Is authorised by special charter to. ."^ 5P0elver, trustee, guardian, executor, or ad-

nunistrator.It can act as agent In the sale or management of

real estate, collect Interest or dividends, receiveregistry and transfer books, or make purchase andsale of Oovemment and other securities.Kellglous and charitable Institutions, and penon*

unaccustomed to the transaction of business, willHnd this Company a safe and convenient depositorrfor money. BIPLEV KOI'KS, President.

CHAS. R. MARVIN. Vice-Preat.TRUSTEES

:

Wm. B. Kendall, Henry Sanger, Alex. McCue,John P. Rolfe, Chaa. R.Marvin. A. A. Low.R- £• Knowlton, Abm. B. Baylls, Henry K. Sheldon.U. K. Plerrepont, Dan'l Chauncey. John T. .Martin,Alex. M. White, Josiah O. Low, Ripley Ropes,

Austin Corbin. Edmund W. Corlles.WM. R. BUNKER, SeoretaiT.

JOSSPH P. IiLOTD. W. C. MCKKAKMember of N. T. Stock Kxcb'se

Lloyd & McKean,34 WALL STREET, NEW TORK.Buy and sell—on commission—Oovemment, Rail

way and MtsoelUneous Securities. Receive depoelt*subject to check, and allow Interest on h«i»7,^m

WM. C. NOYES,31 NASSAU STREET, NBUr VORK,

DKAUtB I!f

GAS STOCKS A.%D BO.^DS,TELEGRAPH STOCKS,

TRUST COBIPANT8' STOCKS.

Citj and other Railroad Stocks & BondsAND

MISCKLLANEOUS SBCDRITISS.

N. T. Beers, Jr.,

Brooklyn Sccarilies, Ciljr Bonds.

Gas Stocks, &e.,

No. 1 NEW 8TRBB1,NBW TOBK,

Buttrick & Elliman,BANKERS AND RROKERS,

Noe. 3T & 39 Wall St, New Tork.

BONDS.STOCKSandlNVESTMKNTSECURlTIMBOL'OBT AND SOLD ON COMMISSION.

C. A. BUTTRtCK, Member of the N.T. Stock Exch'geWM, EiJJiUL.Nt Member ef the N.T.Mlalu Kxeh'ge

w THE CHRONIC ^LE. [Vol. XXXm

Financial.

SOrTH PAKK BONDS, CHICAGO.TO WHOM IT MAT CONCERN ;

Take notice that the follnwliie immbers of SouthPark Bunds have been selected and retired by the

South Para I ommissloners.ln conformity with law.

forthe annmil sirklng fund, viz.: ^u™.°ei' B' *?•

W 60 61 117 as 91, l\ 137, 143, 1J5, 196, 22«, Wt,229, 248, 249, 2.M. 263, 265, 2T3 284. 2<5, 289. 561. Ml,573 6-.^ 6M. "(i9, 685, 69t, 718. 785, 816, 848 870 881.

897, 905, 928! 944 9«3, 969, 972. 1016. 106O. 1077, 1080.

1085, 1002, 109U, 1126, 1147, 1151, 1170. Interest will

cease on afuresala bonds on and after the flret dayof January, IfSa, Principal of retired bonds PMa-ble on and alter said date nt the American Jiac-

change Natio.al Bank^Ne^ Y.>rk^ Otj^

Secretary South Park Commission.

Pennsylvania RR. Co.,

TRBASUKER'S DEPARTMENT.PHII*ADBI.PnLA, Nov. 1. 1881,

The Board of Itirectors have this day declared a

Seml-Anna&l Dividend of FOUR PER CHNT on

the Capital Stock of the Company, clear of all

taxes, payable In cash on and after November 30.

to stockholders as registered on the books at

8P.M. October 81.

On Niivember 30 dividends will be paid to womenonly; after that date they must await their turn

with other stockholders.

JOHN D. TAYLOR.Treasurer,

EVANSVILilrE & TERRE HAUTE RAIL*ROAD COMPANY. 24 PINK ST.. NEW YORK,

October 25. 1881.—The Board of Directors have de-

dared a semi-annual dividend of TWO (2) PERCBNT, payable to shareholders of record Novem-ber 6, at the Farmers' Loan * Trust Co., No. 26 Ex-

change Place. New York. November 15 The trans-

fer books will close Nov. 6 and reopen Nov. 20.

F. H. STORY. Secretary P. T.

Financial.

THE LAKE SHORE

1sthli& MICHIGAN

lSOUTHEKN RAILWAV COMPANV.TRBASTUIER'S iJFPICE. GRA.ND CENTRAL

Dep"T. New York. Sept. 27, 1881The Board of Directors of this Company have this

day declared a quarterly div.dend of TWO PERCENT upon Its capital stock, payableon TUESDA >

,

the FIRST dayof NOVEMBKUnext, at this office.The Transfer Hooks will be closed at 3 o'clock

P.M. on Saturday, the first day ot Octob**r next,and will be re-opened on the morning of Friday,the fourth day of November next.

E. D. WORCKaTER, Treasurer.

Albert E. Hachfield,17 NASSAU STREET,

Deals In InTeatment Securities and

Bonds (Generally.

WANTED :

Indianapolis & St. Louis Ists.

Columbus St Toledo Ists.

Joliet & Northern Ists.

Cincinnati Richmond & Fort Wayne Stock.

Cincinnati Hamilton & Dayton Bonds

Nbw York Citt, Nov. 1, 1881.

I N VIEW OF THE PROPOSED RETIRE--^MENT from active business of some members of

the firm of K. W. CLARK 4 CO., the partnership

heretofore existing under the Urm name of

CLARK, POST i MARTIN, bankers and railway

commission merchants, is this day d ssolved by

mutual consent.

Each partner is authorised to sign the firm nameIn liquidation. K. W. CLARK & CO.

H. A. V. POST.ARCHER N. MARTIN.

Financial.

Post, Martin & Co.,p. O. BOX 2,909. 34 PINE STREET.

NEW YORK CITY, November 1. 1881.

We beg to state that wo have succeeded to the

business of CLARK. POST 4 MARTIN, and have

established the Urm of POST, MARTIN & CO. for

the transaction of a BANKING AND GENERALRAILWAY COMMISSION BUSINESS, in whichwe have had large experience.

H. A. V. POST.ARCHER N. MARTIN.CHARLES C. POMKROY.

PACIFIC RAILWAYc—— IMPROVEMENTCOMPANY.

ClBCULAR N<i. 12.New Yohk, October 29. 1881.

Notice is hereby given that bonds appertaining tothe ninth Instalment of 10 per cent on sub-sci iptions for the extension of the Tex^s & PacidcRa'IwHy will be reauy for delivery on and after Nov.8, 1861. at ihe ofBce oi Woerlshoffer 4 Co., No. MLxohanse Place, ^ew York.

C. F. WOERISHOFFER. Treasurer.

OFFICE OF PULLMAN'S PALACE CARCOMPANY. Chicago. Nov. 1. 1881.

FIFTY-SEVENTH QUARTERLY DIVIDEND.The usual quarterly dividend of TWO (2) Per Cent

on the capital stock of this company has been de-clared, payable ^ov. 15 at the following offices :

The Farmers' Loan & Trust Co., New York:New Kngland Trust Company, Boston ;

Company's Office, Chlcatfo.Books close Nov. 1 and reopen Nov. 16.

A. ». WEINSUEIMER. Secretary.

rwc

OfT'CR OP THBRICHMOND * DANVILi B KAILROAD CO,145 BR'>AI>way. »iBW V"BK. Oct. 26. 1881.

A QUARTERLY DIVIDEND OF TPhK Cr,i\T on the Capital :^luck of this Com-pany has been declared, payable Nov. 15, 1881, atthe ofUce of the company! - Richmond, Va , or atthe MERCANTILE NATIONAL BANK, New York.'Iransfer books will be closed Irom Nov. 10th toloth inclusive.

W. E. TURNER, Treasurer.

Office of the iBICHMONi>* PANVILLB HAILROAH C0..>

C,..li?„^».'-*''^"^''-^"^™ YoHK. Oct. 2-". 18S1. )COUPONS FOR THE SE.MI-ANMIAL IN-

-''ihiiLsr •;ue Mov. 1. 183l,on the bonds of tnis"""PiPy SIX PER CEvT consolidated Mortgageot 1867, will be paid In New York at the MercantfieNational Bank.

W. E. TURNER. Treasurer.

THE NATIONAL BANK OF THE STATEOF N tW YORK, NEW YoBK. Oct ",1^1 -At ameeting ol the Directors of this Bank, held thisday, a Dividend of THllKK AiND A HALF PURTEN r was declared out 01 the earnings of the lastsix months, payable on and after Nov. 10 nextThe transfer nooks will close Oct.si and remain

closed until Nov. 11, both days inclusiveBy order of the Board,

JNO. H. BOL8TON, Cashier.

"^PHE HOLDERS OF THE SECOND MORT--• GAGE BONDS OF THE MISSISSIPPI CEN-TRAL RAILROAD COMPANY are again notlfledthat such of these bonds as are valid and overdueby the endorsement of the President of said Missis-sippi Central Railroad Company, will be paid onpresentation at the office of the Secretary of theChioago 8t. Louis 4 New Orleans Railroad Com-pany. 214 Broadway, New York; and that interesthas ceased and will no longer be paid on any of saidbonda. 8TUYVB8ANT FISH, Secretary,

Chicago St. Louis 4 New Orleans BR. Co.S. Y., August l,i881.

W .4 N T E DTO PURCHASE ALL CLASSES OF BONDS

OF THEcities of Pittsburg and Alleshpny, Pa., and

County of Allegheny, Pa.

GEO. B. HILL & CO., Brokers,

PITTSBURG, PA.

Kountze Brothers,BANKERS,

130 Broaduraf (Eqnitable BuildlnK)«

NEW YORK.LETTERS OP CREDIT

AND

CIRCIJI.<AR iVOTC^Issued for the use of travelers tn

all parts of the world.

Bills drawn on the Union Bank of LondonTdlejaaphic transfers made to London and to

various places in the United States.

Deposits received subject to check at slRht. and In -

terest allowed on balances.

Gtovernment and other bonds and investment se-

curitiea boasht itnd sold on oommission.

FOR CHOICK

6 Per Cent Mortgages,ADDRESS

FRANCIS ^IHITH,Late SMITH & UANNAMAN.

Indianapolis, Ind*

fbounty, City & Town Bonds ol West. States.>'Wi8Con?in Central KK. Old Land Grant Bonds.

St. Joseph & Westorn KH. Stock.8t. Joseph & Pacilli: KR. Bonds.City of St, JoBepli, Mo.. Old Bonds.International Improvement Co. Subscriptions.Brooklyn Kh-vatea RH. Hecurities.American Ctiblo Co. Subscriutious.Midland Railroad of N. J. Securities.Chicago & Grand Trunk RR. Securities.South Carolina RR Securities.Grand Rapids & Indiana RH. ^tock.Cincinnati Richa.ond & Fort Wayne Stock.

Bought by WM. B. UTliEV,^o. 31 Pink street, new york.

AMERICANFINANCE COMP'Y,

5 & r NASSAU 8T., NEW YORK,434 LIBRARY ST., PHILADELPHIA,

PORTLAND BLOCK, CHICACJO.

Capital Stock, ~^- - « 1,000,000

SOUND INVESTMENT SBCURITIK8 furnished

to Corporate and Private Investors.

CAPITAL FURNISHED OR PROCURED for

Railroad Companies having lines under construe^

tlon, and their Bonds purchased or neKOtlated.

FINANCIAL NEGOTIATIONS conducted for

States. Counties. Towns and Cities, and for Railroad

Companies and other Corporations.

WILL CONDUCT TUB FINANCIAL RE-OR-GANIZATION of Railroad Compan'es and other

Corporations whose property Is in the bands of

Receivers or Trustees.

WILL BUY AND SELL INTBSTMENT SECUR-ITIES on Commission.WILL BUY OR SELL DEFAULTED BONDS or

convert them into interest-paying investments.

Circulars and other information furnished on ap-

plication.

JOHN C. SHORT, President.JOHN C. NEW. Vice-President.Win. P. WATSON, Sec'y and Treas.

J.C. Chew,

No. 7 WALL STREET, NEW YORK.TEXAS RAILWAYS.

BONDS, LANDS, &c.Deslrahle Texas Securities *or Investment ct,r-

Btantly on hanf- _^^

T. S. STANTON,DEALER IN

American Cable Construction Company,Continental Construction and Improvement C»..

North River Construction Company,Ohio Central Subscriptions,

Oregon Short Line Subscriptions.

Bast Tennessee Virginia & Georgia Subscriptions

New York, Chicago & St. Louis Subscription, and

all other quotable Construction Stocks.

IT NASSAU STREET,BASEMENT.

H. L. Grant,N*. 146 RROADWAV,

NEW Y©RK.

CITY RAILROAD STOCKS & BONDSBOUGHT AND SOLD,

gee quotations of City Railroads Id this paper

NOTICE^INVESTOTBNT & SECURITY REGIS-

TRY EXCHANGE.(LIMITED.)

40 NEW STREET, NEW YORK.This Exchange FOR DEALINGS in Securities

n 't listed oil the N. Y. Stock Exchange. Morlgages.and .ither properties. IS NOW uPlf.S FOR TBBRBCEPTIO& OF THB FIRST ONK HUNDREDMKMBKRS. Those wishing to Join will make ap-

plication to^^^^ ^ H0B80N, Secretary

Oeo. F. Peabody.Spencer Trcuk

Fred. B. Noyet.

IMPANy, >

6. 1881. \

MPROVE-

OFFICB or THEAmkrican Dock & Improvement Com119 LiMEKTY St.. New York, June 16,

'IHE AMERICAN DOCK & IM _ _1 MKNT CuMPANY, having reserved the right ti

pay the principal and Interest of their bunds diitoUOctober 1, 18P6, at anytime after the Hrst day orJanuary, 1H76, tlrst liaving given six months' noticeot their Intention to make such payment, notice ishereby given to the holders of the said bonds thatthe Corapiiny, in the exercise of said right, will paythe principal and Interest of the said bonds at theNational Bank of Commerce, cm the 31st day of Do-Gember, 1861, at which date interest on said bondswiU oeaae JOHN S. BARNES, Vice-President.

Spencer Trask & Co.,

BANKERS AND BROKERS,

70 Broadway, New York City.

Transact a general Banking Business

Stocks Bought and Sold on Margins.

Interest allowed on Deposits.

Branch Offices,

Connected by Private Wiret,

Philadelphia, 132 S. Third St., C. F. Fox.

Albany, N.Y., Maiden Lane, W. A. Gravbs.

Saratoga, N. Y., Grand Onion Hotel.

C. H, 6c E. Odell,AGENTS FOR

Steel and Iron RailISANUFACTURERS,

101 John Street, Rooms \0 Ik 11,

NEW YORK: CITY..

mmHUNT'S MERCHANTS' MAGAZINE,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.{Entered, according to act of CoiiKresa, In the year 1881, by Wh. B. Dama A Co., In tlie «fflc« of the Librarian of CongrcM, Waablngton, D. C.|

VOL. 33. SATURDAY, NOVEMBER 5, 1881. NO 854.

CONTENTS.THE CHBONICX£.

Bank Failuren and Bank Man-aKcmenC 479

Our D*tit and Our Revenue . . . 480The Flnanuial Hitnatlon 491Our KorpiL'ii Commerce 482Cotton Consumption and Over-land Movement to Nov. 1 481

Financial Review of October.. 485

The Debt Statement for No-'vembcr, 1881 486

Imports and Exports for Sept.,and for the Nine and Twelve.Montks Ended Sejit. 30, 1881 487

U.S. Treasury Statement 487Monctnrr and ConunercialEnRllanNews 488

Commercial and HisoellaneonaNews 490

THE BANKERS' GAZETTE.Monfy Market, Foreign Ex-change. U.S. Securities, Stateand Railroivd Bonds andStocks 491

Ranjte in Prices at the N. Y.Stock Exchange 492

Railroad Earnings and BankReturns 493

General Quotations of StocksandBonds 491

luvesttnents, and State, Cityand Corporation Finances... 501

THE COMMERCIAL TIMES.Oommerolal Epitome 503 I BreadstuflsCotton 503 I Dry Goods

508509

Tint CoKMKBOAL Asv PiSAHcuL CHRONICLE is Utued every Satur-day morning, with the latest news up to midnight of JPriday.

[Bnt«red at the Post OfBce at New York, N. T., as second-classmail matter.]

TERMS OF SUBSCRIPTiON-PAYABLE IN ADVANCEiFor One Year (including postage) $10 20.

ForSlxMouths do 6 10.

Annual nibscriptlon In London (including postage) £2 7b.

Sixmos. do do do 1 88.

Snbecriptlons will be continued nntil ordered stopped by a wriitenorder, or al the publication ojljlce. The Publishers cannot be responsiblefor Remittances unless made by Drafts or Post-Offlce Money Orders.

AdTertlsemenM. I

Tmnslent advertisements are published at 25 cents per line for eachInsertion, but when definite orders are given for five, or more, insertions-

a liberal discount is made. Special Notices in Banking and Financialoolomn 60 cents per line, each insertion.

Loadon and LiTerpooI Offices.The office of the Chroniclb in London is at No. 74 Old Broad Street,

and in Liverpool, at No. 5 Brown's Buildings, where subscriptions andadvertisements will be taken at the regular rates, and single copies ofthe paper supplied at Is. each.

WILLIAM B. DANA fe CO., PabUshers,79 A 81 WilUam Street, NEW YORK.

Post Office Box 958.

WnjJAJI B. DANAJOKH O. FLOTD, I

or A neat file cover is furnished at 50 cents ; postage on the same la

18 cents. Volumes bound for subscribers at $1 00. A complete set ofthe COMUKKCIAL AND FINANCIAL Chbootcle—July, 1865, to date—can be obtained at the office.

BANK FAILURES AND BANK MANAGEMENT.The collapse of the Newark bank has served more than

any previous incident to seriously disturb confidence in the

administration of our national banking system and in gen-

eral bank management. We think these misgivings are the

result of a mere impulse, and yet perfectly natural after

the shock the public has received. To scrutinize such an

occurrence closely, and be watchful and zealous of the

safeguards the laws provi(ie, are necessary to our financial

stability. And yet, while we would not offer any sugges-

tions which should even look like defending or excusing

official negligence, some of the inferences drawn from the

event evidently need modifying, for they are too sweeping

and liable to do harm.

First among these, we would mention the conclusion

jumped at quite generally, that all banks are to the same

extent exposed to the same experience. This would be very

startling and disquieting to investors if true, but it is abso-

lutely the reverse of the truth. We assert positively that no

oflBcer of any of our large New York City banks could thus

extract its securities if he desired. "What made it possible in

the Newark case, is the peculiarity in the management of

most suburban institutions growing out of their situation.

Their discount business Is in general done in New York,

for there is very little local demand of the kind they c^an

accept. They receive deposits from the neighborhood, but

the chief or working officer finds use for them here.

Hence, the President or Cashier—whichever is the active

man—has the handling of all the securities, buys them, sells

them, or loans on them in Wall Street, brings them to the

city and takes them back with him, and at times, if

detained late, will carry them home. In this way his

pocket becomes the bank safe, and kis right to handle,

carry away, retain, exchange, and have complete, unques-

tioned control over the securities becomes established.

How easy it was therefore for the Cashier of the Newark

bank, having such unlimited, unchecked control, gradually

to dissipate, without exciting suspicion, the valuables of

the institution.

But in the management of our New York banks the

practice is wholly different. All securities and valuables

have special custodians, over whom there are other custo-

dians and checks. The leading officers do not even

handle the securities, their work being administrative, not

executive; nor have they, or any one else, any use for

them which would excuse their being taken from the

safe. In case of a loan, it and the securities accom-

panying it pass through the reg^ar channels and through

the books into the safe, and when paid pass out again bj

another system through other channels. If the Cashier or

President should take securities from their allotted place it

would be an unusual thing, which would require a reason,

and if their return was delayed it would soon be remarked

upon. These facts are well known to all familiar with

our banking organization, but are forgotten in the excite-

ment of the moment when a shock so sudden and unex-

pected disturbs confidence. It is enough to simply recall

them in order to answer the questions which have been

raised by nervous stockhoWers under the fears excited by

this new raid on a bank vault.

Yet while all this is true, it would be folly to say that

any bank is or can be free from the posMbility of having

some of its securities stolen. Banib cAnnot conduct

480 THE CHRONICLE. [Vol. XXXin.

business without trusting their employees. In the night

even, the key must be somewhere and the secret be with

some one ; and in the day, access is free to whomsoever

may be the custodian. There might thus be sudden

thefts by a confidential clerk, even in our best conducted

institutions. But there can not be long-continued pecula-

tions in any amount, for the assets are examined from

time to time, loans are called in, and securities for loans

are changing constantly. In some of these ways the losses

and burglaries would be and are soon brought to notice.

That this conclusion is warranted is further proved by

the steadiness in the actual value of bank stocks through a

long series of years, and by the extremely small average

of total defalcations which banks sustain—surprisingly

small, especially when we consider the nature and floating

character of their assets.

Do not such facts also show the unreasonableness of

charging general negligence upon the managers of these

institutions, as soon as one bank incurs a loss ? Most

Ukely the facts, when fully developed, will indicate that

the Newark trustees are greatly to blame ; they certainly

exhibited an almost childlike confidence, and must have

failed to take any cognizance of the Cashier's doings, or

make any examination for a very long period of the

securitias held. "We cannot otherwise understand howthe bank could exist so long a mere skeleton. In fact, it

seems impossible that such a shadow could even pass

itself off as a moneyed institution. Of course the uncon-

ventional system under which suburban banks in general

are operated was the Cashier's opportunity and will be urged

as the directors' excuse; but the popular verdict will be

that any organization permitting of such a condition so

long continued without discovery must be very defective.

This has led many to believe that the whole truth is not yet

known, and at the present moment it seems as if that

would prove to be so.

But however this special case may tarn out, the opinion

quite widely expressed, that all directors ought to be

acquainted with the details of the bank management, can-

not be sustained. It would require a very large portion

of their time, and be inconsistent with their properly con-

ducting any other business, since merchants, if they are to

be successful, must give undivided attention to their per-

sonal pursuit. Besides, they are not paid for their time,

and no bank could afford to pay them. Then, again, the

director's ofiSce never ought to be more than advisory ; any

other relationship would preclude success. Only think of

a bank absolutely under the management and "direction"

of fifteen men ! "Why it would show worse results than

the Park Commission. It is our presidents and cashiers that

make our banks, and they are selected for their fitness ; they

are men of character and ideas, and impress both upon the

institution they manage, and the directors must trust them.

So also much that has been said during the week of the

Comptroller's duties and responsibilities seems to us a

little unreasonable. Mr. Knox has to his credit a long

public life, with wonderfully few mistakes in it, and it

would, we think, be a publis misfortune if his influence

were weakened. The large d3posit of the Newark institu-

tion in other banks should have excited inquiry and did,

and received confirmation as was supposed. Of course wecan see now that the Examiner ought not to have allowed

Cashier Baldwin to have sent the letter of inquiry, but at

that time it must be remembered he was dealing with a

man as far above suspicion as any man in this community."Who does not every day of his life throw himself into just

Buch a trap if his trusted friends should all subsequently

prove scoundrels?

OUR DEBT AND OUR REVENUE.The monthly Treasury and Currency statements, always

an interesting and instructive study, are at present more

than usually so. The debt statement for November I

shows that during October the public debt was reduced

$13,321,459. This is smaller than the reduction effected

in September ($17,483,641), but is sufficient, if continued,

to extinguish the entire interest-bearing debt inside of ten

years. For the four months since the close of the fiscal

year the decrease foots up more than 55 million dollars

against 33^ millions in 1880, 10 1-3 millions in 1879, 11^millions in 1878, 12J millions in 1877, lOJ millions in

1876, \Q\ millions in 1875, and 4 millions in 1874. Th«total outstanding debt of every description, including legal-

tender notes, etc., less cash in the Treasury, now amounts

to $1,785,534,467, against $2,757,353,276 on July 31,

1865, a decrease in sixteen years of about a thousand mil-

lion dollars ! Is not that a record worth having and a

policy worth continuing ?

The large decrease at present taking place is to beascribed directly to increasing customs and internal

revenue receipts and diminishing interest payments. Th»interest-bearing debt outstanding November 1, calls for

only $60,962,245 interest annually. In the fiscal year

1866-7 the Government had to pay no less than $143,726,-

805 for interest on its debt. Compared with a year ago

the saving amounts to almost 17 million dollars, and com-

pared with November, 1879, almost 23 millions. Thefollowing table shows the change that has taken place in

our interest-bearing debt during the last two years.

Interesl-Bcaring Debt Out-standitig. Sov. 1, 1879. Nov. 1, 1880. Nov. 1, 1881.

Bonds at 6 per cent$

233,681,350508,440,350250.000 000737,946,550

$217,699,550469.6,') 1.05U250,0011.000738,368,600

'"'979,200

14,000,000

$

Bouds at 4 >« per centBouds at 4 per ceut

250,000,000738,749,750563,390,950

Rctimdiug certiflcates 2.899,40014,000,000

598,050ll,000.00O-

Total interest-bearing debt.Annual interest

1,796,967,65083,746,736

1,690,698.40077.78S.4S7

1,566,728,750e0.962.-.M5

The receipts from internal revenue taxes and from cus-

toms continue increasingly heavy. Those for October-

were over 5 millions above those for the same month in

1880, aggregating $32,272,369 against $26,941,975. For

the four months of the new fiscal year the increase on last

^year foots up more than 16 million dollars. The custom

receipts of the year, if the ratio of increase thus far

established be maintained in subsequent months,

promise to be the largest on record. In 1880-81

the duties collected amounted to no less than

$198,000,000. This total has only twice been exceeded,

namely in 1870-71 and 1871-2. In the latter year it was

largest, being 216 millions. At present, as said, the

promise is that we may reach this total again in the cur-

lent year. The internal revenue receipts cannot of course

be compared with any but the more recent years. During

and for a time after the war these were extraordinarily

heavy. For instance, in 1865-6 they aggregated more

than 309 millions. In 1880-1, the last fiscal year, the total

was only $135,264,385, but it is sufficient to say that this

was 1 1 millions above 1879-80, and larger than in any other

year since 1870-1, when the figures were $143,098,153.

As the increase for the four months thus far amounts

to over 7 millions, it appears very probable that in the

current year even 1870-1 will be left behind. These

internal taxes are derived very largely from articles

of luxury, chiefly whiskey and tobacco, and are not, there-

fore, very burdensome to our people. The preposition to

abolish them, now being agitated, is unwise. Some of the

war imposts bearing heavily on individual interests, sucli

KOTKMDXH S, 1881.1 THE OHRONK^LR 481

u the tax on banks, should bo removed, but as for the

rest there is no other way in which an equal amount of

money can be raised so easily and with so little pressure

upon our industrinl system.

Turning to the general balance sheet, tho first point to

attract our attention is that the grand total of all the

items in tho statement is only $322,073,582, against

$330,677,298 in October—a diflEerence of $8,003,716.

This would seem to indicate the reduction in that amount

of the liabilities on one side of the account and the con-

traction of ill' money held against them on the other side.

This proves on examination to be true. The reduction

occurs almost wholly in tho two items of "Interest due and

unpaid" and ''Called bonds and interest." The former

was heavier on October 1, by reason of the relatively larger

amount of interest falling due on that date, which has

since been paid out. The latter was heavier because of

the larger amount of called bonds then unpresented for

payment. Together these two items were reduced in the

sum of ,$10,990,680 during October. If nov;^ we allow

for an increase of $2,177,760 in the silver certificates

outstanding and for an increase of $536,020 in the

amount of the Treasurer's checks and drafts, we have left

a decrease of $8,276,900, which very nearly corresponds

with the decrease in the total noted above.

But in what shape was the money thus put out on the

market? Clearly the greater part of it was in silver

certificates. For on November 1 there had been issued

$66,327,670 of silver certificates, of which the Treasury

held $7,488,900, leaving $58,838,770 out. On October 1

there had been issued $64,149,910, of which the Treasury

iield $1 1,559,730, leaving only $52,590,180 out. The silver

certificates in circulation have thus been increased $6,248,-

690 during the month. The total of silver certificates

issued is close on to the amount of silver dollars held—the

figures being $06,327,670 and $66,576,378 respectively

—

and the Treasurer has been compelled to announce that

hereafter these certificates would be issued only against a

deposit of silver dollars and no longer in exchange for gold.

THE FINANCIAL SITUATION.

The Wall street markets have been unsettled this week

by the failure of the Mechanics' National Bank of New-

Ark. The manner in which the enormous defalcation by

the cashier was successfully concealed, not only from the

directors of the bank, but from the official examiner,

tended to disturb confidence in the condition of other

banks, which the public, in the excitement of the moment,

•quickly concluded might be similarly mismanaged.

The positive assertion of the cashier that the moneytaken from the bank was used to sustain the failing for-

tunes of a manufacturing concern, and that none of the

funds were used in stock speculations, was at first be-

lieved, and after the immediate shock felt the

stock market was gradually recovering whenit was again unsettled by activity in money

claimed by spaculators for a decline in stocks to be the

result of a general calling in of loans by banks. It

appeared subsequently, however, that there was nothing

more in the movement than a shifting of loans natural to

such an occasion, but the fact that there was a demand for

money, whether real or artificial, made operators very

cautious. The market did not recover until Wednesdayafternoon, when it was buoyant under the influence of

good buying of the trunk line shares ; then rumors

became current that stocks were being sold for the

Account of the Newark bank cashier, and the suspended

manufacturiDg houM gave the speculators for * fall «aopportunity to make an impreBsion upon the market.These rumors were repeated on Thursday, and then the

decidedly strong tone in the morning gave way to weak-ness in the afternoon. The facts in regard to the stock

operations of Cashier Baldwin and Nugent k Ck). will

doubtless soon be made public. From all that can nowbe ascertained, it is I elieved that they were comparatively

small.

It is probable that had it not been for the Newark bankaffair the market would have been strong, if not buoyant,

this week. The Trunk line stocks appeared to have astrong undertone, the belief prevailing that the gradualadvance in rates would soon result in bringing about anadjustment of all the differences existing between the lines.

The rise in such shares was a marked feature on Wednes-day and Thursday, and yet the movement was so unequal

—

Michigan Central, Canada Southern, and Erie,, advancing

rapidly, while the other trunk lines were comparatively

sluggish—that some explanation seemed necessary. It

was rumored that while the movement in Michigan Cen-

tral and Canada Southern was mainly speculative, that in

Erie was due to buying by Mr. Vanderbilt and his friends

who had obtained control. Tliis story found believers

among those who fancied they discerned a good motive

for securing such control and regarded it as possible that

it had been obtained. Others claimed that the rise in Erie

was based upon the large earnings of the road, which it is

asserted will justify a dividend upon the preferred stock.

The promise of such a dividend would naturally induce

purchases for foreign account, and the fact that while

in past months other stocks have advanced Erie has

remained comparatively inactive would account for the

movement this week.

As noted above, money was active early in the week;

but although it was forced upwaid to 1-64 of one per

cent commission and interest on Monday, the movement

was only momentary, and loans on call were made at an

average of about 5 per cent for the remainder of the

week. The supply was apparently equal to the demand,

and there is now a fair prospect that it will soon be in

excess of the inquiry. The domestic exchanges at Chicago

and St. Louis on New York are now at a point which will

enable currency and silver certificates to be sent hither.

The latter represent the gold withdrawn from our banks

when the movement is outward, but what disposition will

be made of these certificates when they return is another

question. Western papers say that there is no longer

much demand for currency from the interior, and it

would appear that the country is at present well supplied.

The demands at the grain centres for funds with which

to carry the load of wheat and corn held at those points

fall in great part upon tho local banks. Whenever, by

reason of the break down in or an end to the grain specu-

lation, this load is distributed, there should be a return

hither of funds which were mainly withdrawn during

July and August for the purpose of preparing for this

speculative movement in food staples.

The arrivals of gold at this port from Europe this week

have amounted to $1,113,300, wholly from the Continent

There was a consignment of $1,042,750 gold from Austra-

lia which arrived at San Francisco whither it was sent

probablv for the purchase of grain. At the current rate*

for sterling, gold cannot be imported at a profit from Lon-

don or the Continent either as an exchange operation or

on speculation. But the future of the market poinU to a

fall in sterling, and a renewal of the gold imports when-

ever grain or cotton or both begin to move freely. It is

4Bt THE CHRONICLE. rroL. XXXIII.

therefore important, in view of this probability, carefully to

weigli the financial situation abroad, and tho efiect at Lon-

don and on the Continent of a renewal of the demand for

gold from the United States. Two weeks ago the Bank

of France raised its rate of discount to 5 per cent. This

was mainly caused by the diflBculty of the mid-monthly

settlement and the heavy rates charged for carrying over

purchases, these amounting in many cases to 20 and 25

per cent per annum for the fortnight. Since then the

Bourse has become easier, owing to the liqui-

dations which have been in progress, and to-

day bankers report a normal condition of affairs

existing ' at Paris. As a matter of fact, Paris, in its ex-

tremity, unloaded largely upon London, and this gave

Paris the power of drawing gold from thence, which it

would appear has been asserted, for the Bank of England

return shows a loss of £386,000 bullion for the week,

while the Bank of France reports a gain of 7,475,000

francs gold and a loss of 10,475,000 francs silver. Sup-

pose there should be a further drain by Paris upon Lon.

don—which is not improbable, since if money is wanted at

Paris it will be obtained—and, in the course of a few

weeks, a demand also be made upon London for gold for

shipment to America, to pay for produce. Is it not likely

that under such a condition of afiairs, with the very small

stock of available gold in London, there would be a

further advance in the Bank of England rate of discount,

followed by a rise in the Continental rates until it resulted

in a return movement of securities which London and

Paris have so freely taken from us. The following table

shows the amount of bullion in each of the principal Euro-

pean banks this week and at the corresponding date last

year.

Kov. 3, 1881. yor. 4, 1880.

OoUI. Silver. Oold. Silver.

Bank of EnglandBftok of France

20,860,378

24,455,456

6.118,613

» a,

27,340,699

22,770,955

8,963,333

£

47,482,772

18,356,613

49,898,849

Bank of Gennanr .: 17,936,667

Total tlilB weekTotal previous week

51,434,447

51,500,763

65,839,385

66,205,931

59,079,987

60,198,823

07,835,516

67,932,536

^p" The above gold and silver division of the stock of coin of tlie

Bank of Oenuan^ is mcrelj popular estimate, M the Bank itself gives

no information on that point.

The present margin of profit for cable transactions will

be seen by the following, showing relative prices in Lon-

idon and New York at the opening each day.

' Oct.31.

tond'n N.r.prices.* pricit.

TJ.8.4B.C. 116-39 n6«U.S.SHJs 10«'06 102HBile 450 ; 45

Hi con. 101-49 103HlU.Cent. 131-88 131«K.Y.C. UO-69 HOXBeading 34-6at 09

Bich'ge.i

cables. 4 80

Wb». 1.

Londonprices."

If.T.

prices.

11603101-85

41-60

103-f9

131-08

140-13

34 lot

H0>«mim103X130 >4

139K67«

4-83}i

tfov. 3.

Lonil'n

prices.*

118-87

101-05

46-34

104-33

131-3^

140-79

34-47t

N.r.prices.

116

101^46)«

104!i13I!4

110

08?,'

4-85«

Ifov. 4.

Lond'nprices.*

116-27

10105

10 21

10438131-81

140-79

34-22+

If.T.

prices.

116)4

ID?

48X104

131«HOH67«

4-8S«

* Bspressed In their New Tork equivalent.i Beading on basis of t50, par value.

NOTB.—The New York equivalent is basc<l upon the highest rate for

cable tr-insfora, which ordinarily covers nearly »U charges, such ag.Interest, Insurance and commissions.

The Sub-Treasury operations for the week have resulted

in a loss, including transfers of $2,000,000 from the

Philadelphia Mint, of $1,254,036 17, which is' a gain to the

banks. The payments by the Assay Office through the

Sub-Treasury, and embraced in the above, amount to

$1,145,137, of which sum $540,000 waa for gold

received from Europe. The following are the receipts bythe Sub-Treasury from the Custom House. ;

Date.

Oct. 28...." 29....

" 31....

Nov. 1 ...

' 2....

" 3 ...

Total...

Duties.

$458,358 65275,236 04559,302 68493,592 67285,767 42504,085 91

$2,576,343 3'

Oontialing of—

Oold.

$172,00089,000

151,000

161,00076,000

265,000

$914,000

U. 8.

Notes.

$ 6,000

4,000

7,000

12,000

7,000

12,000

$13,000

Silver

Dollars.

$1,0001,000

1,000

1,000

$4,000

Silver

Certificates.

$260,000181,000301,000321,000203.000226.000

$1,512,000

Below we give the Sub-Treasury operations for the week

ended Nov. 3, and the receipts and shipments of gold and

currency reported by the leading banks.

Into Banks. OulofBanks Net.

$1,254,036

1,309.000

$ $1,254,0361.310,000 •1,000

Total $2,563,036 $1,310,000 $1,253,036Loss.

The interior movement, as above, embraces all the re-

ceipts and shipments of gold and currency reported to us

by the leading banks for the week ended Nov. 3, which

(stated in our usual form) are as follows.

Receipts at and ShipmentsfromN. T. Received. Shipped.

$1,274,000

35,000$739,000571,000Oold

Total $1,309,000 $1,310,000

The Bank of America received $500,000 gold during

the week, on account of the Associated banks, for deposit

in the vault.

OUB FOREiaN COMMERCE.The September statement of our foreign trade, issued

this week, plainly shows the effect of the adverse influences

at work. The exports, which in September, 1880,

amounted to $71,225,897, amount this year to only $62,-

428,276, and the imports have risen from $53,228,651 to

$55,659,026. As a result, the merchandise balance in

our favor is only $6,769,250, against $17,997,246 in

September, 1880. The change is in part reflected in the

smaller movement of gold to this country. In September,

1880, our net imports of gold were about 18| millions ; in

September this year, about 10^ millions. The following

shows the merchandise imports and exports at each of the

leading ports.

EXP0UT8 AND IMrOKTS 01' MBUCIIANDISB AT U. S. POUTS.

Exports (Domesticand. Foreign.)

1881.t

1880

September. Since Jan.l. Sejitember. Since Jan.l.

New York$

33,466,9152,311,7253,909,7575,046,0173,206.6!t04,201,561

10,165.611

$286,450.202

$37-475.575

$308,359,513

Now OrleansBaltimoreBoston

66,191,872 4,308,9."»2

46,084,985 5,908,372J 55,884,211 n.353.182

66.906,44055,185,81249,805,843

PhiladelphiaSan PriiucisooAll other porta

31(i99,53330,044,681

102,161,697

3,008.2282.480.630

10,590,978

71,225,897

33,733,920293,515

1,295.1154,688,3082,107,2H84,227.0913,882,814

35,676,37718,420.41587,513,434

Total 62,428,276

38,172,024717, .598

1,422,1584,933,5922.308,8.593,695,2964,409,501

618,317,184

338,652,0588,873.270

12,311,71750,7-23,97124,223,85128,099,55934,237,466

622,097,834

rmports.New York 381,745,579New OrleansBaltimoreBoston

7,703,36214,355.93756,871,885

riiiUulolphiaSan l-'rancisco

AU other ports

33,370,58726,605,04727,046,517

Total 55,659,026 497,123,89.'^i 53,228.651 548,298,914

As regards the increase in the imports, it is to be said

that the larger total this year appears to be natural, and

that the movement bears as yet no trace of any undue

expansion. It must be remembered that the speculative

mania which prevailed early in 1880 had the effect of

swelling the imports in tho first part of that year to unusual

proportions, and that subsequently, the speculation col-

lapsing, tho large stocks which had accumulated were

utiliKod and the importations fell below what they other-

wise would have been. We are thus comparing with

reduced figures for last year, and, bearing this in mind, an

increase of only 2^ millions is a matter of very little sig-

k I

NOTKMBBB 5, 1681.1 THE CHRONICLE. 483

nificance. Later on, the indications now are that the result

will not be so encouraging. We showed last week what a

large amount ot new railroad mileage is projected to be

buUt within the next fourteen months. This will call for

heavy quantities of rails and all kinds of railroad iron, and

as our furnaces and millsi are unequal to the demands to

be made upon thorn, there will bo a largo increase in the

importation of railroad materials from abroad. In fact,

some heavy orders have already been given.

But while, with respect to the imports, the discouraging

features have yet to develop themselves, with respect to

the exports thoy are unmistakably manifest already. The

total for September is smaller than that of any other month

since P'ebruary 1880. The reasons for this condition are

known to our readers. They can be summed up in two

words : exorbitant prices. This applies to all our chief

articles of export—grain, provisions, etc. As a result, we

are not surprised to find a decrease in values under each

head, notwithstanding higher prices tend in great measure

to make good any loss in quantity. The exports of bread-

stuflfs show a falling ofiE of pretty nearly 4 million dollars;

provisions, a falling off of over a million and a half;

cotton, a falling off of 8 or 9 thousand bales; while petro-

leum, which appears to be an exception to the general rule,

shows an increase in exports from $3,712,763 in September,

1880, to $4,762,711 in 1881. Making a liberal allowance

for the falling o£E in cotton exports, the four items here men-

tioned do not come within 3 or 4 millions of making the

aggregate loss on all items. This is quite the reverse of

what has been the case all along. Until the present

month these items have usually covered, and more than

covered, any loss in the aggregate, leaving for other items

an increase. There is only one conclusion to be drawn

from the change, and that is the unfavorable one, that

miscellaneous articles, no less than our chief staples, are

sharing in the diminished outward movement, due in part

to higher prices also ruling for such articles.

What makes the present situation the more to be

deplored is that there appears to be so little basis for the

extreme values ruling. While our exports of bread-

stufEs are shrinking to very small dimensions, our store-

houses here and at the West are filled to overflowing.

Accumulating stocks and rising values are not natural

concomitants. Sooner or later holders will be forced to

realize this. At present if prices were reasonable we

could find a market for our surplus products ;later on,

there is danger, in the case of grain at least, that the

surplus will be left on our hands, foreign consumers

having gone elsewhere to siipply their demands. The

sooner, therefore, the speculation collapses, the better for

all concerned. In the subjoined table -are shown the

breadstuflEs and provisions exports at each port.

BXPOBTS OP BREA^iySTUKPS AMD PROVISIONS VBOM bBADINCi P0KT8.

surplus of wheat on hand, which is now being marketed

through San Francisco. During September San Francisco

increased its breadstuffs exports $1,800,000 and its total

exports about the same amount. During the nine months

of the current calendar year its total exports aggregate

$30,044,684, against $18,420,415 in the corresponding time

of 1880, a gain of $11,624,269, of which $9,032,343 WMin broadstufits, showing what an important part this itemplays in that port's enlarged totals. The war of rates onthe railroads has of late decreased the broadstuSs exports at

New Orleans, and in September they amounted to only

$463,296, against $1,,'589,952 last year, but the total for the

nine months is still above that of 1880. Boston is another

port that has increased its breadstufCs exports during the

nine months. Taking all the ports together the broadstuffs

exports for the nine months fall almost 32 millions below

tlioseof 1880. In the early part of the year, the lower prices

(as compared to the same period of 1880) diminished values,

and since then high prices have diminished both quantity

and values. The following table will show the different

items that constitute the breadstuffs exports and the loss

in each.

EXPORTS OF BBEAD8TUFP8 DVBIMO SEPTBMBiBB, AND 8IKCB JAM. 1.

Breatlstufft.

Now YorkNew Orleans...r.altiiiiore

IJostonPliilii<lel[)lila .

S.an l''raii Cisco.Other ports

Tot«I

Provisions, dte.

New YorkNow OrleausBiiU.iinor6Uostoiil>lill»(loll)liia

H;in t'raricisco ..,,

Other iiorts,

Total.

1881.

StpUmbtT,

9,905,488463,'^0«

2,330,6511,307.8501.2i>3,55(>3,-.;32,5021,413,801

19,017,144

7,020,6721.935

60,6101.587,431567,83!)33,271

373,237

0.614.995

Since Jan.l.

78,2!»7,n029,581,174

SO..'. 13,58012,373,76211,176,7419,983,85'12,525,333

177,452,340

70.265,7801 45,725

4,'^63.ei(i19,^50,0625,512.769278,771

3.037,708

102,7.54.439

1880.

September. Since Jan.l.

12,027.0 421,389,9523,542,7121.624,4641,927,0081,424,42'.;

1,917.395

23.883,055

8,008,14223,639

285.76(12,24(!,C90263,46345,732

396,861

11,270.287

100,924,8099.464,513

39,049,58112,190,53720.370,77719,951,51416,252,246

r.

^anlUy.|

Value.Seplembe

1881. 1880. 1881. 1880.

Barley .bosh. 0,381 227,284 3,097 192.688Com .bush. 4,095,111 8,839,911 2,914.307 4,621.903Oom-meal . .

.

..bWs. 27,561 31,688 94,213 93.280OaU .bush. 209,349 40,601 91,312 18.0U6RyeWheat

.bush. 9,019 405,358 9,297 334,079

.bush. 10,970,393 14,262,655 13,749,542 15.225.690Wheat-aour . .bbU. 478,235 606,567 3,084,476 3.307.229

Total .

.

19,947,144 23,883,055

/Since Jan . 1.1

Barley ...... .bush. 94,459 893,487 50.397 S42.021Corn .bush. 61,099,421 93.219,309 35.747,536 50.232.3d3Corn-meal . .

.

. bbls. 325,503 288.958 969,006 839,712Oats .bush. 457,127 496,589 209,225 221,149EyeWheat

.bush. 740,579 1.043,714 792.416 1.452.013

.bush. 02,766,138 106,230,858 107.939.345 129.151,734Wheat-flour

.

.bbU.. 5,492,328 4,539,195 31,743,924 26,615,265

Total... 1 177.452.319 209,204,277

209,204,277

74,502,759139.SI45

3,703,96617,361,2685,411,063330,291

2,932,660

104,401,952

As wheat and corn constitute the largest items in the

breadstuffs exports, so they bear the largest proportion of

the loss under that head. To the total decrease of 32

millions, corn contributed 14^ millions, and wheat 21 mil-

lions, part of which, however, was wiped out by the in-

crease in flour, the exports of which were very heavy in the

early months of the year, but have of late begun to fall off.

In the exports of provisions and dairy products Sep-

tember shows a decrease in quantity in every item except

beef and cheese. The exports of lard, however, though.

five million pounds less in quantity than in September;,.

1880, are over $400,000 larger in value, which forcibly

illustrates the higher prices prevailing this year. For the

nine months the provisions exports foot up $102,754,439

this year and $104,461,952 last year. The relatively,

small decrease is due to the heavy gains in the first

part of the period. Following are the figures.

RXPOBTtI OP PBOVLSIONB, *C., DC SBPTEMBBU, AND BINCB JAJN.l.

September.

andBeef, freshsalted

Baflon and hamsIjvrdPorkTallowButterOheese

Total.

In tlio breadstuffs exports, as in the total exports, every

port with the exception of San Francisco shows a decrease

ia -September. California it is known hale a very large

Siiuie Jan. 1Iteof, fresh andsalted

Bnoon and hamsLardPorkTallowButterObeese

Total.

rounds.

1881.

10,862,05230,330,8942 4,679,31s5,466,1914.194.3971,994.605

12.790,751

108,470,514481,350,294231,51)7,02270,004,24859.323.65118,662.900

119,328,S08

18^0.

10,810,43148,312.36429,705,5058.0S3.3497,840.5175,103,80912.781,336

106.423,628604.572,700300.840,09368,784,43294,823.r>4429.507,820105,274.145

Value.

1881.

1,005,0803,052,2242,911,7874.58,467349,241370,628

1.488,568

9,§44,995

9,710,74142,398,97321,386,4.505,630.8344,072.2213,556.704

13,908,!V16

102,7.M,439

1S80.

904,4054.095,2682,407,760621,865621,537996,715

1,533,647

11,370,187

8,505,37043.556.d6723,521,8764,657,1726,733,0315.754,75011,734,19«

104.401.053

484 THE CHRONICLE. [Vol. XXXIII.

COTTON CONSUMPTION AND OVERLANDMOVEMENT TO NOVEMBER 1.

"We present our readers to-day with a detailed statement

•of the overland movement to November 1, and receipts,

exports, spinners' takings, &c., during the same period.

OVERLAND MOVEMENT TO NOVEMBER 1, 1881.

There has been a much freer movement in rail ship-

ments this month, the total for the two months being

considerably larger than that for the same months last

year. The gros» figures for the two months reach 200,393

bales, against 148.796 bales during the corresponding

period in 1880, a difference in favor of 1881 of 51,597

bales. The net movement is also in excess of a year ago,

being 125,035 bales, against 92,268 bales last year, or an

increase of 32,767 bales. The details for the two months,

presented in our usual form, are as follows.

OVERLAND FROM 8BPTEMBKB 1 TO NOTBHRKR 1.

1881. 18S0.

Since September 1, shipped—62,158

t791

31,047

20,0631,141

24.478

9,989

16,720

4,276

26,407

2,475

848

58,0203,0007 586

Over tlie Mississippi River, above St. Louis --

Over EvansviUe & Terra Haute28,963

283

Over JeffirsoQviile .Madison & ludiauapolis

Over Ohio & Mississippi Braiicli

Over Louisviile Cinciunati & Lexington

16.937

5,6709,470

Receipts at Cincinnati by Oliio River 2,103

Keceipts at Cincinnati by Cincinnati SuuthemOver otlier routes

13,8,i9

106Shipped to mills, not included above 789

200,393 143,796

Dednct-Reoelpts overland at New York, Boston, <feo

Shipments between (or South from) Western in-

tericr towns

49.99J

32(

1,23'.

22,56)

65358!

47,028

401Shipments inland (iiol otherwise deducted) from—

401

New Orleans 49MobUe 7,301SavannahCharleston

782Virginia ports 565

Total to be deducted 75,3r.(- 56,528

Leavinc total net overland* 125,03: &:,?fi8

* This total includes shipments to Canada by rail, which are thismonth 4,167 bales. fEstlmated.

RECEIPTS, EXPORTS AND SPINNEBS' TAKINGS.

The receipts at the ports show an increased falling off

as compared with a year ago, the difference now being

176,890 bales in favor of 1880; but, at the same time, the

Stocks at interior ports show an excess this year over last

year of about 42,000 bales. The exports to foreign ports

for the two months of this year reach 582,422 bales,

against 721,552 bales for the corresponding months of

1880, a decrease, as compared with last year, of 139,130

bales. The receipts and exports during the two months,

together with the stocks at the ok)se of the month, are

given in the following table "

Moverm't from8ept.l,lBSito Nov. 1,1881.

Receiptssince Sept.1, 188J.

Galveston . .

.

Ind'nola, &cKcw Orleans.MobileFloridaSavannah . .

.

Br'n8w'k,<&cCharleston . .

Pt.Royal,&cWilmington .

Mor'h'dCjAcNorfolliCityP'nt.icNew York...BostonBaltimore ...

PhUadel., &c.

Total

Total 1880..

151,5,

31169,1

251,3

178,10,38,3,

158,15,7,

28,8,

6,

41643008'J801493324

8331:^92

6119977i)3,457,286,246,251,211

1,249,906

1,426,796

Exported since Sept. X, 1891, to—

Orcal _ Conti-Bntitln.* France. nent.

405,830

499,13'

48,793 2,075

100,0673.660

36,416

42,483 4,650

29,0469,2778,806

5,226

56,093

69,53417,29714,2310.543

9,873

58,240

96,47!

6,417

a«^98

80,299

"i",424

6,333

18,0451

9,47250

118,352

125.943* Great Britain exports include to the Channel

Total.

50,285

170,3963,660

71,531

54,5719,27710,230

61,426

97.45217.29323,7036,593

582,422

721,552

StocksKov. 1.

75,423

189,86825,166

Using the facts disclosed by the foregoing statements,

we shall find that the portion of the crop which has reached

a market through the outports and overland, and through

Southern consumption, since September 1 this year and last

year is as follows.

Receipts at the ports to Nov. 1 bales.Net shipments overland during same time

Total receipts - bales.Southern consumption since September 1

1881.

1,249,906125,035

1,374,94145,000

Total tx) Nov. 1 bales. I 1,419,94

1

1880.

1,426,79692,268

1,519,06435,000

1,554,064

The decrease in amount of cotton marketed during the

first two crop months of 1881 is thus found to be 134,123

bales. To determine the portion which has gone into the

hands of Northern spinners during the same period, wehave prepared the following.

Total receipts to Nov. 1, 1881, as above bales. 1,419,941Stock on hand commcucemont of year (Sept. 1, 1381)—At Northern ports ... 91,911At Southern port* 117,322-212,233At Providence, &c.. Northern interior markets .. 5,810— 218,043

Total supply to November 1, 1881 1,637,984Of this supply there has been exported

to foreign ports since September 582.422Less foreign cotton ineludfid 1,161— 581,258Sent to Canada direct from West 4,167Burnt North .ind South 313Stock on hand end of month (Nov. 1, 1831)—AtNorthern ports 130,876

At Southern ports 518,100—635,276At Providence, &c., NorthBrn lutorior markets.. 7,431—1,249,495

Total takings by spinners since September 1, 1881Taken by Southern spinners

92,780

82,496603

14,401

37,663

107,4373.420

14,78111,238

655,276

634,541

Taken by Northern spinners since September 1, 1881

.

Taken by Noi'thern spinners same time in 1880

383,48945,000

344,469291,914

Increase in takings by Nortliern spinners thi< year.. bales. 52.575

The above shows that Northern spinners had up to

November 1 taken 344,489 bales, an increase over the

corresponding period of 1880 of 52,575 bales.

AMOUNT OF CROP NOW IN SIOHT.

In the foregoing we have the number of bales which

has already baea marketed this year and last year. Anadditional fact of interest is the total o£ the crop which

was in sight on Nov. 1. We reach that point by adding

to the above the stocks remaining, at that date at the

interior towns, less stock held by them at the beginning of

the season. In this manner we find the result for the two

years on Nov. 1 to be as follows.

1881. 1880.

Total marketed, as above bales.Interior stocks in excess of Sept. 1

1,419,941190,000

1,554,064152,000

Total in sight bales 1,609,»41 1,706.064

This indicates that the decreased movement up to this

date of the present year is 96,123 bales.

WEIGHT OF BALES.

To furnish a more exact measure of the receipts for the

month, we give below our usual table of the weight of

bales. We give for comparison the figures for the first

three months of last season, as we have been unable to

procure those for the two months separately.

TexasLouisiana

Alabama,

Georgia*

South Carolina...

Virginia

North Carolina.

.

Tennessee, dec

Total

Two Months Ending Nov. 1, 1881.

Three ilos.

End*g Dee,

1, 1880.

Number ofBales.

156,846

311,08669,804

256,595

188,723

174,25042,603220,029

1,419,941

Weight in

Pounds.

79,704,432

143,699,10834,762,392

121,754,32788,133,641

83,465,75019,855,328

104,513,775

680.888,753

AverageWeight.

5031747800493-00474-50

46700479-00

46000475 00

496-56

Average

Weight.

512-45

5000051400479-87

47100479-00470-00504-00

49002' Including Florida.

NovKMBn S, 1881.] THE CHRONICLE. 486

It will be noticed that the movement up to November 1

shows an increase in the average weight as connpared with

October 1, the average on November 1 being 486-56 lbs.

per bale, against 482-55 lbs. per bale on October 1.

THE COTTON GOODS TRADE IN OCTOBER.

A moderate amount of new business was done in the

early part of the month, but toward the close large jobbers,

converters and finishers entered the market and antici-

pated future events to some extent, by operating more

freely in brown and bleached goods. There was a good

movement throughout the month in plain and colored

cottons on account of back orders. Prices ruled very

firm, with an advance of ^c. on standard sheetings and ^c.

on tickings. Print cloths continued active, closing at 4c.

for 64x64s and .'i^c. for 5Gx60s; large sales of " spot" aud

" futures" up to March were made. The stock of cotton

goods is exceptionally small, and many makes are under

the control of orders for some weeks to come. Drills

have been sold ahead for export, in some cases as far for-

ward as March.

1881. 1880. 1879.

Oct.Cotfnlowtnid-dling.

Prinl-ing

cloths.Olxtjl

Sheetiiigs,

stand-ard.

Coll'nlowm id-

dlhtff.

Print-ing

clothf.()ir64

Sheet-ings,stand-ard.

Colfntowmid-dling.

Print-ing

cloths,

64x64

Sheet-ings,stand-ard.

1 11|,6

113^11%

U'leU6,g1!H

8.

11»16

11%

11>«im

B.

Uli«U'l6lUio

11>1«1

ll'l«8.

ll'ie

im113,6113,0USis

8.

113l«

48.

44444

315,6315,6315,e315,,,

315,f8.

315,63'5j„31-10

^:5-3.5,6

3'5i6316,6315,6

3.6.6

4

S.

8^8^8l2

8^khi8>38.

8^^^

8>38>38^8.

8H,814

8^8^8^6^8.

8^

8 '2H\8^8?4S.8%

1111

8.

WalOl^hi

101:1,6

1013,68.

1013,(,

1013,01013,1,

10^1011,

r

1011,68.

1011,61011,,,LOU IK1011,61011,6loihb

8.

10»810»8Hj»,6109,6I0»i„100,6

s.

41,648.

4>444S'SS's3^88.

3'83 '93 '9

3'eS-'a

S.

S16,644m4-44148.

4144144%4%4>4

8.

7\7H8.

7%7%7%7«i7%-\8.

7%7%7«47%7H7H8.

7%7%7^7%7%7H8.

7^7\7%7347^73i8.

101,6

io.,„

101,610%103,6U.3,010»810%

8.

!03ie103,6103,6105,6109,6109,6

1011,61013,61015,6

ll'ie

10i5,e

3%3'a31s31aS.

3%3'939,03»8s\3\8.

3 3(

313ie3783'e

K»%'.

3-'e37831^1644%4I4

8.

4144'4414

8o H3 84 8

5 8.

6 e7 88 89 810U

88

12 a.

13 «14 815. .. 816 817 818 819 S.

20 821 822 823 . ... 824 825 826 8.

27 828 828 830.:.:..

:

831 8

The above prices are—For cotton, low middling upland at NewYork;for printing olotha, nunafacturers' price.s ; for slieetings, agents' pricna

,

which are subteot to an arerage discount of 5 per cent.

FINANCIAL REVIEW OF OCTOBER.

October was marked by an early stringency in money,

but a decided relaxation in the last half of the month.

Secretary Windom purchased $10,000,000 of bonds in his

weekly purchases, and also anticipated the payment of

bonds embraced in the call for December 24, so far as

the same were presented, and the disbursements on these

accounts, together with the importation of gold, gave

abundant relief to the market for the time being. Mr.

"Windom resigned as Secretary of the Treasury, and

Judge Folger, of New York, was appointed to the posi-

tion, after ex-Governor E. D. Morgan had been tendered

the appointment and declined it.

There was much more activity in securities at the Stock

Exchange, both for investment and on speculation.

Government bonds met with a large business in the way

of changing o2 one class of bonds for another, and the

banks holding the continued sixes as security for circula.

tion were inclined to exchange them for the continued

fives, which in the order of calling will not be redeemed

until after the sixes are all drawn in.

The stock market was depressed while the money mar-

ket was tight; and this tendency was assisted by the preva

lent idea that Mr. Vanderbilt was a bear on stocks and

inclined to keep up the railroad war of rates. Subse-

quently, with easier money and the advance in freight

rates from Chicago eastward, the market became stronger,

and prices gained considerably from the lowest point of

the month. The manipulations and rapid mutations inthe situation of elevated railroad matters have beenrecorded in our weekly reports.

Exchange was weak in the early part of the month, batafter the middle prices became firmer, and on the scarcityof commercial bills, and possibly with the return of somestocks and bonds from abroad, rates at the close wereabout 2 J cents better than at the lowest point.

The following summary shows the condition of theNew York Clearing House banks, rate of foreign ex-change, and prices of leading securities and articles o£merchandise, on or about the 1st of November in 1879,1880 and 1881:

BTATISTICAI, 8DMMARY ON OR ABOUT HOT. 1. 1879. 1880 AMD 188L

New York City Banks—Ix>an8 and ai8c<>uut» $Specie *Circulation •Net dcjHMlts »Legal tenders $Ijcpal reserve $Keserve held $Surplus $

Moneg, Exchange, Silver—Call loansPrime paper, sixty days.Silver in London, per ozPHiue sterling bills, GO days..

United States lionds—0s,18Sl , con.(coiitinuod at 3>3)68, currency, 18985s, 1881, (ountinuod at3%)...413.S, 1891, eoui>on4s of 1907, coupon

Railroad Stocks—New York Central & Hud. Riv.Erie (N. Y. L. E. & W.)Laice Shore & Mich. Southern.Michigan CentralChicago Bocic Island & PaciflcIllinois CentralChicago & Northwestern, com.Chicago Miiw. & St. Paul, com.Delaware l^ack. & Western . .

.

Central of New JerseyUerehandise—Cotton, Middl'g Uplands. ^ lb.

Wool, American XX ^ lb.

Iron, Amcr. i)ig. No. 1 . . ^ ton.

Wheat. No. 2 red win.^ liush.

Corn, Western mixed.. ^ bush.Pork, mess 9 bbl.

1881.

309,254.50061.068:i<IO19,048,000

288,038.80015,632.400

72,009.70076,720.!iO0

4,71U,8UV

3»6-|-Im6«6ia52d.

48II9

101»101>4131

101''8aI02113»113'4116'8-116H

1391a44%121%9338135130%124%1U8126''8

95k

11«B36443

25 00®26 'W1 4231 44%

(}') »70%17 75413 00

1880.

317.890.20066.372. 40O18.646..')<K)

30-i..)>l2.t0013.016,7007.'5,fi4S.525

79.3 r,0. 1003,743.575

2%45494%5Htd.

1 8234 82%

130

i'16%109%

137%44:^116%IO9J4122118115%1053899%78!|i

lUlB38® 47

24 .'>0»'J6 00I l«%»i 175.1% 356%

15 00

1879.

271,238,600-2».67.>.30O-!J2,000,50O

234.412,00028.Bl.i,y0O-

58,603,0CO-58.291,200

l>ef. 31J,800'

7«75%3653%d.

4 80%-i 81%r

105%102%

130%40%101%94%148080074%8978%

ll»w38345

28 0O®29 0O>1 4131 425S«6010 50

The statements of the New York City Clearing Housebanks in each week of October were as follows:

NEW TOBK CITr BANK MOVEMENTS IN OCTOBEB.

New York CltjBank Statements.

Loans and dlsc'ts.SpecieCirculationNet depositsLeKal tenders

Ijegtil reserveReserve held

SurplusRanKe of call lo'nsPrime paper .

.

Oct. 1. Oct. 8.

1330,497.40059.M3.200l19.859,100

308.518.100114,730.300

»77. 199,52574,373,300

•t2.756,085

aao+i-iB

»386.123,fl00M.SS4.40010.867.100

29-.W7.9UO11.856.800

»74,724,47871,311.800

•t3.3S3.875

Oct. 15.

$318,318,000B4.8.)7,20019,HUt>.IOO

IWO.O1 1.30015.174.300

T2.S04.57589,981."

•$8.5aj,8;i

4<»8+l-l»6l»6M

Oct. «.

$311,310,5005s..ssg.4ao19.919.900

281.043.800I5.i08.7UO

»71 .660.89573,S6->.I0<I

tl.9a7.^75

3®»e<»6>t

Oct. S9.

t309.254.500>C1.068.IOO'19,948.006^

iiS8.038,(IOO-I5.lias,400-

t78.00»,70»TB.TgQJO*»4.71C.8a»

400

The total transactions at the Stock Exchange, comparect

with previous months, were as follows :

U.S. Govemm't bondsState bondsRiiilro.-Ml bonds

Bank stocks. . .sharesRailroads. &c., "

July.

$2,141,0002.385,000

19,064,300270

8.611.522

Aug.

$1,696,1501.248.500

13.412.300

3456.868,750

Sept.

$1,673,7502.264,50013.143,400

5316.854,688

Oct.

$2,967,6003.060,500

21,507.600673

9,606.997

CLOSIHO PRICES OF OOTEKNMENT SBCCRITIKS IN OCTOBEB. 1831.

Oct.

1.2.3.4.5.6.7 ..

89101112131415161718

6s,cfni-

lin^da<3%

5«,eon-tin*d<i(3%

x00%

100%100»8

100%

100%100%10099''8

100100

99^8

99%99%100

100100%

1%<.1891.coup.

4«,

1907,coup.

xl6%

116%llS'a

116

116llSli

113%

116

3Our.1898,rtff.

OeL

6t,eon-tin'dtUSH

10..20..21..22..23.24..25..26..27..28..29..30..31..

Open

Low.Clo«.

5«,con-lin'da(3%

100%

100^8

10!101%

101

100%101%100%101

100%100%101%101%

101%101%101%101%102102

102%

xO0%102V99%10-2%

4>9«,1891,coup.

113

113

113113

190^7,coup.

Our.,1898.reg.

115%116116

116%

lie..8..

xie%116%115%no

486 THE ('HRONK'LE. [Vol. XXXIII.

CtOSING PRICES OF CONSOLS AND n.B. 8ECUKITIE8 AT LONDON IN OCT.

Oct.

1.2.3.4.5.6.7.8.9.

10.11.12.13.14.15.16.17..18..19..

O ft

09'16

9813l6

98»i6987,69SlIie98lSi6

9813l6989,698lii„98lii„9813,8P8i3,c

9S13l698:Bi6991,9

5sext. at3^.

10414S.

lom10414104 14

104104104 14

8.

XO314103103103IO314103 14

8.

IO314103103

4ifl»

1891.

116%

iieifiIICI2116'«lltii41161*1161s

1161-2ll«i4II6I4II6I4116%116%

116%116%116>a

is of1907.

120

120120119%II914II914II914

II912II914H914II914119%119%

119%119%1191a

Oct.

202122232425262728293031

Opening .

.

Highest. .

.

Lowest . -

.

Closing . .

.

S'ce Jan. 1Higliest. .

.

Lowest ...

99IJ69810,098iSie

99 lie993,8993,6993,8996,699^lj

999,6

991,6999,698716999,6

10213,6985,8

5»ext. at3I2.

1031s103%104

8.104 14IO414IOII2104 12104 14

1041a.8...

105I0414105103105

105103

4ia«of

18D1.

II6I4II6I4II6I3

lldia116%116%1161.21161-2

1161a

isot1907.

119%119%119%

119%119%113%119%II9I2iigij

116I2

116%116%II6I4II6I2

120II414

119%120120II914119%

121llS'e

The following table will show the lowest, highest andclosing prices of railway and miscellaneous stocks at the

New York Stock Exchange during the months of Septem-ber and October:

RANGE OF 8TOCBB IN EEPTEMBEB AND OCTOBER.

. Seotember. .

Lou). ItiQh. Sept. 30.128 128

63

"ei'

95>«95 1429 13413II4

J160Ill's

i25»^'137I37I3761s43%

H05%981392II4

I27188618t»015=8291s

92{127%431s

53 1412318

Railroads Aug.31Albany &8u6n'lianna tl28Bost.& N.Y.Air Line

1)0 pref 64 67Burl.Ced. Kap.&No. *76 78 81Canada Southern ... . 63% 63 67 1«Cedar Falls <& Minn . 2513 25 27Cenirallowa 38 38Central of N. Jersey. 9314 91 »8 98i6Central Pacific 89% 88is 98Ches. &Ohio 27 26% SQie

Do Istpret *39 39 43Do 2d pref. 29 28ia 32

CliicaiH) & Alton 5I2914 128 132% 131Do pref

Chic. Burl. *Quincy. 152 M47ie ^166Chic. Mil, & St. Paul. 11458 [IIII3 12238

Do pref. 130 ;124% 133%Chic. & Northwest... I2414 122% 127%

Do pref 1351a 140Chic. ARocIi Island.. 134 'e 132 •« 139iaChic. 8t.U & N.Orl'ns 75 77 77Chic. 8t.P. Uinn.&O. 39I3 383« 45<>8

Do pref. 102 14 101 108 1«Cin. San. & Clev 47I3 51Clev. Col. Cin. & Ind. 86% 84ia 99%Clev. & Pittsb., guar 134is 138Col. Chic. & Ind.Cent. 21 14 20ia 22'8DeLLack. AWcsfm. 124i8 123 I2914Denver & R. Grande 8714 8413 92"^Dubuque & Sioux C 86 88East Tenn. Va. & Ga 13 1718

Do pref... 32 27 3214Georgia RR.&Bkg CoBaimibali&St. Jo.... 94ia

Do pref. *113%HarlemHoust. 4 Tex. Cent..Illinois CentralIndiana BI.& W. newKeok. & Des Moines.

Do pref..Lake Erie & WestLake ShoreLonj; Islandi>ouisiaQa& Mo.Riv.IiOuisvUle & Nashv..Louisv. N. A. & Chic.ManhattanManhattan Beach Co.Mar'tta <& Cin. 1st pf.

Do 2d pf.Memphis & Cba'ston.Metropolitan Elev. .

.

Michigan CentralMil. L. Sh. & W. pref.Mo. Kans. & Texas .

.

Missouri PacllioMobile & OhioMorris <t EssexNaehv.Chatt. <t8t. L.N. Y. Cent. & Hud. RNew York Elevatetl

.

K. Y. I.ake Eric & W.Do pref.

H.Y.N.H.&Hartfrd». Y.Ontario &W...

Do pref.Norfolk & Western .

.

Do pref.Northern Pacific

Do pref.Ohio CentralOhio & Mississippi . .

.

Do pref.Ohio SouthernPauaiua Tr. Co. ctfs.Peo. Decat. & E'ville.Phila. A ReadingPlttsb.Ft.W.&C.guar.RcnsserrA Saratoga.Rlch.&Al. st'k, tr. ct.Richmond & DanvilleRochester & Pittsb.. 130 20' '33'Rome Wat.& OgdeuBBt. L. Alton * T. H„. _ Do prefBt. L. &. 8. I^auclsco. 46I4

Do pref. 711a„. „Do Istpref.Bt.Paul*Duluth

Do pref.

-Oetober.-Imo. Biph. Oct.31.

96%9520%

80931a4640 14

:1031a34

1429iih4296

30

55%40801626I437ie

*23"

38611s13914246

94 1411221590

I26I441 13

191a50481a

122 144718921a75191a2714Ills8

7377%91=84439I8101%32>e123841s141%974282

181 13298824''9

5338%78 la

2536%106%23

'34'g

59138140411a

3501212159514

133=848°82052561a

127 !>8

5323997525302013 14

8087%98%54 1«44

1085838I4

125%91 14

1451a11146589118634%8926604182%29%6011328

116i«

"91"

131

"zo"

"48%12553

"20%

Ills79961a921451%411a

{105''8-36%

"85"

(1421aIIOI4441s

321a

261a607555%20371s89%901a273829127140:i36106116%120'81311a{131%

781a38%

100451a8914

1351a19

5120=8785883135b25

16595

IIII921082

128 >4

41I91450411a

117511s18%90I45017%18169

7283148646I336'810234

1221a79133%1074178841a17030

3066I37963=826371b97 Is

96%29411a3114

1301a140160II2141241a1261413618(135%8043%

105 185598 14

14022 14

I28I386I4

83151a29 le

1C510011721093

1311a4620604Sia

1255853 la

19961a755526I421127899%96524214106%391268514

1421a119451a88%

18134 14

•80 18

63%

95%9529

30%130

:i37ia108

"mia135

§1351478I341%

102=8

9113914"21

§126%8278•801478•26

"96%113

13144

46%§1218518%941s

5324 >a

741a96%93 145140%

1051a3714

85"13968IIOI444 14

881a17032=8

58391s792844%106%25>4

43% 41%73 71J«1411404914 46

31

44904470

105«880

57 52864714 4514751a 7478

IO8I4 '1073588

2553361a761*25391061819036ie6213814035991a26304979904066

104

2558395880%28 14

46%110=82520042%74%138 '

14043 13104%29366OI49745%741a

108 14

34%38%791a2741

401s67%

137

"3914104%

44%6978

'PttMcbtd. t Prices Mked. { Ex prtvlleg*.

i79H §79ia ...

i Ex OiTidend.

Railroads. jlufli. 318t. Paid Minn.'A Man 101Second Av.(N.Y.City)Texas & Pacific 53Tol. Delphos & Bur. .

27i8

UnionPiicLflc . §121 "e

United Go's of N. J..Wab. St. L. & Pacific.

Do pref.

Telegraph.American District . .

.

West Union, ex ctfs.

Express.

471384%

i( '8

. Septetn ber. .

Low. High. Sept. 30.101 13 104 103

Sl'ie 54% "52"25 27% 25119 124=8 11978I9OI3 1901a46% 5318 5OI483=8 94% 91

48 seia85% 92% §8578

-October-. ,

iow. High. Oct. 31102 1071a126 12645% 541a20 2511678 122185 18546I3 5079

5322ia

I2014

"4814

AdamsAmericanUnited StatesWells, Fargo & Co. . .

.

Coal and Mining.Cameron CoalCaribou Consoi. Min.

.

Cent. Arizona Min . .

.

Colorado Coal & IronConsolidation Coal...Dcadwood Mining...Excelsior MiningHomestake Mining .

.

Little Pittsb'g Min..Mariposa L'd & Min.

Do pref..Maryland CoalNew Central Coal. .

.

Ontario Silver Min'g.Pennsylvania Coal. .

.

(Quicksilver Mining .

.

Do pref.Robinson MiningSpring Mount'n Coal.Standard Cons. Min'gStormont Mining

VARIOC8.Del. <& Hud. Canal...N. Y. & Texas Land.Oreg'n R'y & Nav.Co.Pacific MailPullman Palace Car.Sutro Tunnel

§138 137 13914 *137861a 86 91 91'68 6714 7OI3 *69

•128 I29I3 136 132

40 30 la 422 21a

2 1=8 2511a 49 571a

71a

'19"2=8

51slis

71%

•35

86% 91=8 §88-«

49 5682% 8314 86%

137i« 153 14590 9713 96%70 77 76129% 137 *134ia

3214 3979 38%

2i8 2i8

24 2726 27

-351a 36% 37t240 240 245t§15 121a 141a*§57 56 611a

•25

36%

'1260

1=8 2 -1=8

471a 52% 5130 3514 346 7 *6isI3 2%

17 18% 172=8 2'8 •21a4 5 t74 5I3

19 23 •2225 2636 36 •36

240 240121s 14%57 63

21 21 22ie27e 3

131a4721216

137a4722%2%

14eiia13 13

"22%2i«

107% 107% 110% 108%130 M7159 155 169481a 48 52=8 51

140 130 145 1301=8 11a 17e

IO6I4 110% 1091642 42 42I5314 167 16347=8 511a 49

12714 1331a 133II4 1=8 II4

* Prices bid. t Prices asked. 5 Ex privilege. § Ex dividend.

BANKERS' STERLING EXCHANGE (POSTED RATES) FOR OCTOBER. 1881.

60 De- 60 De- 60 De-Oct. day». mand. Oct. days. mand. Oct. days. mand,

1.... 4 801s 4 84 13.... 4 791a 4 8313 25.... 4811a 4 851a2.... 8. 14.... 4 80 4 84 26.... 4 8113 4 851a3... 4 801s 4 84 15.... 4 80 4 84 27.... 48II3 4 851a4.... 4 80 4 831a 16.... 8. 28.... 4 82 4 865.... 4 791a 4 831a 17.... 4 80 4 84 29.... 4 82 4 866.... 47913 4 831a 18.... 4 801a 484I3 30... 8.7.... 4 791a 4 8313 19.... 48OI3 4 841a 31.... 4 82 4 86

4 791a8.

4 8312 4 801a4 8012

4 841a4 84139.... 21.... Range _

10 ... 4 791a 4 831a 22.... 4 801a 4 841a High 4 82 4 8611.... 4 791a 4 831a 23.... 8. Low. 4 80 4 8412.... 47913 4 831a 24... 4 81 4 85

THE DEBT STATEMENT FOB OCT. 1881

The following Is the oi&cial statement of the public debt as i

appears from the bnoks and Treasurer's returns at the close of

business on the last day of October, 1881:

INTEREST-BEARING DEBT.

Characterof Issue.

6s of 1881*.68 of 1881*.58 0f 1881-.4ias of 1 89148 of 1907..

48, ref ctfs. Feb. 26,'7938,navyp.fd July 23,'68

Author-izing Act.

July 17,'61Mar. 3,'63July 14,'70July 14,'70July 14,'70

WhenPayable.

Juue30, '81June 30, '81

M.ay 1,'81Sept. 1, '91

July 1,1907

Aggregate of interest-bearing debt.

Amount Outstanding.

Registered.

$113,926,3.3047,949,700

401,504,900178,964,600546,631,350

Coupon.

71,035,400192,098,400

$1,288,996,900 $263,133,800$598,050

14,000,000

$1,366,728,750" Coniinued at 312 per ceut.On the above issues of bonds there is a total of $2,011,C71 interest

over-due and not yet called for. The total current accrued iuterest todate is $9,457,701.

DEBT ON WHICH INTEREST HAS CHASED SINCE MATURITY.There is a total of over-due debt yet outstanding, which has never

been presented for payment, of $13,740,303 principal and $833,955interest. Of this interest, $601,876 is on the principal of called bonds,which principal is as follows : 5-20s of 1862, $370,700 ; do 1864.$58,650; do 1865, $77,050; consols of 1865, $426,100; do 1867,$1,199,300 ; do 1868, $371,830: 10-40s of 1864, $534,450; funded loaaof 1881, $7,596,850; 3's cert«., $5,000.

DEBT BEARING NO INTEREST.

Character of Issue. Authorizing Act.

Old demand notesLegal-tender notesCertificates of depositGold certificatesSilver certificates

Fractional currency J

Less amt. est'd lost or destr'ycd,^"t J'e'21,'~70

Aggregate of debt bearing no interestUnclaimed Pacific Railroad interest

July 17, '61; Feb. 12, '62Feb. 25, '62; July 11, 62; Mar.3,'63June 8, '72March 3, '63February 28, '78Jalyl7,_'62; Mar. 3,| 515^469,085

8,375,934'63 ; June 30, '64

)

Amount.

$60,040346.681,016

8.310,000.=S,207,920

66,327,670

7.093,151

$433,079,7977,25«

I

NOTBMBRn 5, 1881.J THE CHRONICLE. 487

RECArmjLAXrON.

Inlerest hearinff debt -

Unmix lit 6 por cwiit, continuod at 34.UoMilK lit ^ iii<r cent, ouutliiuod at 3 Hi.

BiiiiilK lit 4'u pur wiltBuilclx lit t |MT<Mmt..,„iJ.. .»'....

Jtofmill luK ciMi ill(\iit«l

Navy i>cu»lou fund

Total iiiterTOt-boarlnjt debtDehlnn irhich inl.hascm»'<l since maVrilyDehl hf(tritii/ no interest^Old diiiiiiiid iiiul l(>«iil-toiidor notes

—

Certitti'iitoH iif depositUoUl aud silver (lortillcatoa

Friiotloiial currency

$133,679,707Total debt bearlns no interest

—

UnclaliuoU PaclBc Kallroad interest

.

Total $2,014,154,853Total debt, principal and Interest, to dateTotal cash In Treasury

AnwHntOitlstanding.

$161,876,050401,504.000250.000.000738.740,750

598,09014,000.000

! 1,066.728,75013,740,305

316.741,0566,310,000

71,535,0007,003,151

Debt, less cash In Treasury, Nor. 1, 1881...Debt, Ices cash In Treasury, Oct. 1, 1881...

Docrenac of debt durlns tbe past month.Uecrcnse of debt since June 30, 1881

Tnleretl.

$11,400,372833,039

7,256

$12,340,584$2,026,495,438

240,960.071

$1,785,534,4661,708,855,925

$13,321,45805,064,345

CiinicKNT Liabilities—Interest due and unpaidDebtor, which interest has ceasedInterest I hereonGold aud silver cortltioatesU. 8. notes held for redemption of certificates of deposit.Cash balance available Nov. 1, 1881

TotalAVAILAIlLE A8SKT8—

Cash in the Trea8iir.v

$2,011,67113,746,305

833,95571,535,5008,310,000

144,193,448

$210,900,071

$240,960,071

BONDS ISSUED TO THE PACIFIC RAILWAY COMPANIE,S.DrTEKBST PAYABLE BV THE UNITED STATES.

Oharaeler ofIssue.

Ammtntoutstanding.

Tntere^t paidby U. S.

Interestrepaid by

transportaVn

Balance ofinterest paidby JX. S.

Central Pacifle..KanHii.s Paeido ..

Union P.icittc...Central Br., U. P.Western Paeiflc.SiouiCity &Pac.

$25,885,1206,303,000

27,236,5121,600,0001,970,5601,628,320

$20,340,3405,372,073

21,689,4631,357,8081,431,7811,268,399

$3,580,1892,624,7928,211,367101,247

9,367135,977

$16,117,8792,748,180

13.478.1011,249,6341,422,4141,132,921

Total $64,623,512 $51,467,272 $14,662,941 $36,149,132

The Pacific Railroad bonds are all issued under the acts of July 1,1862. and July 2, 186 1; they are registered bonds in tho deuomiiiatiousof $1,000, $5,000 and $10,000; bear 6 per cent Interest in currency,payable January 1 and July 1, aud mature 30 years from their date.

IMPORTS AND EXPORTS FOR SEPTEMBER,AND FOR THE NINE AND TWELVEMONTHS ENDED SEPTEMBER 30, 1881.

fPrepared by tbe Bureau of Statistics.]

Below is given the third monthly statement for the fiscal

year 1881-82 of the imports and exports of the United States.

The excess of exports of merchandise was as follows:

Month ended Seirtcmber 30. 1881 $6,769,250Month ended September 30, 1880 17,997,240Nine months ended September 30, 1881 121,193,289Nine mouths ended September 30, 1830 73,793,920Twelve months ended September 30, 1831 240,270,615Twelve months ended September 30, 1380 163,857,613

The excess of imports of gold and silrer coin and bullion

was as follows:

Month ended September 30, 1881 $10,200,865Month ended September 30, 1880 19,101,019Nine monllis ended September 30, 1881 37,630,406Nine months ended September 30, 1380 29,538,665Twelve months ended September 30, 1881 77,321,563Twelve mouths ended September 30, 1830 71,432,893

The total values of imports and of domestic and foreign

exports for the month of Sept., 1881, and for the nine andtwelve months ended Sept. 30, 1881 and 1889. respectively, are

presented in the following tables

:

[Corrected to October 26, 1881.1

HERCHAHDtSB.

1881.—Exports—Domestic ..

Foreign . .

.

TotalImports

Excess of exports over ImportsExcess of Imports over exports

1880.—Exports—Domestic ..

Foreign . .

.

TotalImports

Excess of exports over importsExcess of Imports over exports

For themonth of

Sept.

$61,245,1111,183,165

$62,128,27655,650,026

$6,760,250

$70,192,392l,O32.<;05

$71,225,59753,223,051

$17,997,216

For themos endedSept. 30.

$601,060,79511.256.339

$618,317,181197,123,895

$867,050,67318.352.099

.$88.1,902,772615,032,157

I121,1U3.2»9

$612,574,1970,523,637

$622,007,834548,203,014

$73,79?,920

For the 12mos. endedSept. 30.

$240,270,015

$857,710,04112.206,860

$870,015,001706,158,288

$163,857,613

OOLO AHD MLTHK—OOtK A«» aOLMON.

rorlhsmonth of

Sspl.

For M« 9monlhitnd-ed Kept. 90.

Par lh» 13monlki tnd-tditept. 30.

188!.—Export*—Dom.—Gold .

do Bllver..Foreign— Uoid

do Silver..

•122.616680,100

• 85,550369,237

• 1.47.''.720

l0,952,6O2745,674

2,667,441

•I,&)r7,l0914,30 1,0*1

773,48043«3,1S1

Total •t.I98,ftu3

•10,672.294722,074

•15,441.437•40.337,108

6.744,435•88,644,88810.191.900

Imports—GoldBUver

Total $11,301,368$10,200,880

i3,Wl,843•37,630,406

•98.H3U,UH3

•77,321,563Excess of imports over exportsExcess of exports over Imports

1880.—Exports—Dom.—Gold .

.

do Silver..Foreign- Golddo Silver..

08,703108,01422.121

286,016

*C0r,09l8.478.8831.906,1043.980,380

•1,128,0700,029,8291,910,878n.085.97«

Total •069,814•18,846.008

822,890

$19,669,893

$19,101,019

•0,972,518•31,327,223

8,183,060

$30,511,183

29V538.665

•14,799,093•71,492,3381 1 ,696,208

Imports—GoldSilver

Total •86,188,54«

71,°43y,8a3

Excess of exports over ImportsExcess of Imports over exiwrts

TOTAL MKRCHAKUISB, COIW AND BULLIOH.

18S1.—Exports-Domestic ..

Foreign

TotalImports

Excess of exports Over ImportsExcess of Imports over exports

1880.—Exports—DomesticForeign

TotalImports

Excess of exports over ImportsExcess of Imports over exports

$62,047,8271,573,952

$<i3,621.77»07.053.301

3,131,615

$70,110,7091,341,042

$71,791,74172.898.511

$.1,106.803

$016,089,117 $883,17,669.501 "

$633,758,621550.195,738

$83,562,883

$616,060,17115.410,181

$632,070,352587,810,007

$41,260,255

408,02324,008,660

$907,417,592744.46h,540

$162,040,092

$864,877,84019,803,714

$381,771,594702,346,834

$92,424,720

The following is a statement showing, by principal cnstonu

districts, the values of merchandise imported into and exported

from the United States during the month of September, 1881

:

Customs Districts.

Baltimore, MdBeaufort, 8. CBoston, <fcc.. MassBrazos, &o., TexasBrunswick, GaBuffalo Creek, N. YCape Vincent, N. YChumplain, N. YCharleston, 8. CChicago, 111

Corpus Chrlstl, TexasCuyahoga. OhioDetroit. MichDuluth, MinnGalveston, TexasGenessee. N. YHuron, MichKey West. Florida,Miami, OhioMilwaukee, WisMinne.sota. MiimNew Orleans, LaNew York, N.YNlasara, N. YNorfolk, Ac, Va ,

Oregon, Oregon ,

Oswegatchie, N. YOswego, N. YPassamaquoddy, MePcnsacola, Fla '.

Philadelphia, PaPortland, &e.. MePuget Sound, W. TKicnmond, VaSan Diego, CalSan Francisco, CalSavannah. GaVermont, VtWillamette, OregonWilmington, N. CAll other customs districts

Imports.

38,

,422,15619,383

,333.50262,005

83314.40940,2^5

320,62231,270

140.45475.45386.068

171.887.013

103,88850,411

316,67122.0712.020

12,750255,167717.508,172,024206,37614,960

230157,682676,28971.397

!,308,35966,6067,4507.335

89,3751,699,206

87.263472,74330,8424,966

262,033

Totals . •55.650.026 •61.245.111 $1.183.165

DomesticExports.

$3,000,337300,895

4,944.71890,35045.07133,49712.313

287,374027,195491,383113,601225,40262,25372,206

1,154,02859.010

925.09070.647

139.80062,500160,310

2,287.60232,561,717

9,469990.721413.18319,031

160.23131.62666.240

3,266,37910.04152,106157.86780,485

4,209.4322,010.903117,463375,25122:1,114283,176

ForeignExports.

$420

ioi',20974,355

10

"i',518

ioi6,110

"'5,309

205.050

21.123902,198

3014,774

20156,129

16

973

UNITED STATES TREASURY STATEMENT.The following statement, from the ofBce of the Treasurer, for

October, was issued this week. It is based upon the aetiwl

returns from Assistant Treasurers, depositaries and superintend-

ents of minta and assay offices

:

LIABIUTIBS. NOVBBBK 1, 1881-

Post-ofiice Department accountDisbursing ofllccra' balances .................

Fund for redemption of notesof national banks "failed,

" ill lii|Uidatlon," and 'Tcduiing circulation"

Undistributed assets of faileil national banks. ....... .-

Five per cent fund for redemption of nat 1 bank notes.

Fund for redemption of national bank gold notes

Currency and minor-coin nrdeniption aooountPraotlonal 8ilvcr-<M)lu redeinptum account....^.. ...^-

Interest account. Pacific R.iilroada and L.& P. Canal OdTreasurer U.S., agent for piiyiiiK Interest on D. C. DowisTreasurer's transfer cbecks and drafts outatandlng—Treasurer's general account—

Interest due and unpaid ^'i5?'52:ixMatui-ed bonds and Interest .?'51H5S2SOalled bonds and Interest ^''SiH^SJROld debt — .TSA-^l^OoldoertUIOktM • 5.307,92000

$5,201,404 3523.023,874 05

30,311,222 60309,886 38

15,366.915 SO461,532 00

4,527 7B88,899 604,840M

85S,eM M6,395.7M ••

488 THE CHRONICLE. [Vol. XXXIII.

Silver certificates $66,327,070 00Certificates of deposit 8,310,00000Balance, iiicludiug bullion fund 142.096,811 77

Total Treasurer's general account $241,661 ,245 39Less unavailable funds 700,274 17-$210,960.971 22

$322,673,582 95ASSETS, NOVEHBBB 1, 1881.

•Oold com $76,036.377 10-Gold bullion.:: 96,953,452 07^Standard silver dollars S?'5Z°-^'° 29Fractional silver coin 25,984,687 76'Silver bullion ^'^^HI^ i5Gold certificates „ .„3'Z!?9 55SUver ccrtifictites 3*??'255 99.United States mrtes 26,2«l,7b8 6oJfational banl{ notes 4,685,lb7 02^National bank gold notes oS'??'? 29IFractional currency 28,ol4 64Deposits held by national bank depositaries 13,209,524 18

Nickel and minor coin 487,76s 32New York and San Francisco exchange 928,000 00One and two-year notes, &c 45 50Redeemed certificates of deposit. June 8, 1872 35,000 00Quarterly interest checks and coin coupons paid 371,877 32Begistered and unclaimed interest paidUnited States bonds and interestInterest on District of Coliunbia bonds 1,012 98Speaker's certificates 122,394 25Pacific Railroad interest paid 60 00

3322.673,582 95

||!l0ttjetar8|CfPommjercial%nQXisU^ewsBATES OF EXCHANGB AT LONDON AND ON LONDO^

AT LATEST DATES.

aXOBAJfOE AT LONDON— Oct. 22,

On-

Amsterdain .

AiiL3ter<?.ani

.

JLntwerpHamburg . .

.

BerlinFrankfort...Copenhagen.St.Peters'bg.Paris...ParisViennaMadridCadizBilbaoGenoaIilsbonAlexandria .

New York...Bombay ....Calcutta ....Hong Kong..Shanghai.

Time.

Short.3 mos.

Short.3 mos.

30 days

Bate,

12-3 •a]2-4l2-5>4 ®12-5%2o'70 ®25-7520-74 320-7820-74 ®20-7820-74 ®20-7818-45 ® 11-48

2.'i 163252o-37's»25-47i«25-67isa25-72»«ll-97>aa 12-0212

471^347473831471847 ®4(i''8

25-95 ®26-55Sl^saoi^

SXOHANOS ON LONDON.Latest _.Date. ^"^

Oct. 22

Oct. 22Oct. 22Oct. 22Oct. 22

Oct. 22Oct. 22Oct. 22

Is. 711i«d.Is. 7iii6'l-

Oct. 22

Oct. 19Oct. 22Oct. 22Oct. 22Oct. 22Oct. 22

Short.

Short.

Short.3mof.Short.

3 mos.

3 mos.Short.4 mos.

Sate.

12 -IS

25'4220-4720-472047

25-29 "s25-34

118-30

24-45

95 1447914

Is. 8i8d.Is. 8isd.3s. flifld.

58. I°8d.

the statemeat is quite as good as had been expected. The pro-

portion of reserve to liabilities has increased from 30-02 per

cent to 35-61 per cent, and a good effect has been produced.

There is an increase of JE188,035 in the supply of bullion,

which is rather more than the daily returns indicated, as the

note circulation has declined to the eitent of £300,625. Thetotal reserve has been augmented by £428,660. The total sup-

ply of bullion held by the bank amounts to £21,262,378 against

£27,958,559 last year, and the reserve of notes and coin to

£10,347,168 against |16,002,7l4. The comparison is therefore

decidedly unfavorable, and there is not much hope of improve-

ment. The Government has repaid the Bank another instal-

ment on the loan it obtained in order to meet the public divi-

dends, and it is also said that the bank has I eea borrowing

money on consols in order to give support to the discount mar-ket. If, however, that operation has been in progress, it hasbeen far from successful, as the value of money in the outside

market has been steadily declining during the week. Thetotal of "other securities" has fallen off to the extent of £516,395,

indicating that the bank has been doing but little discount

business. The amount is now £21,442,185, against £18,106,756

last year, the increase being probably due to loans to the Stock

Exchange. The money market closes with a firmer appearance,

owing to less favorable exchanges ; but the demand for moneyfor mercantile bills is by no means active. The rate for three

months bills has been from 4 to 4^ per cent. The following

are the present quotations for money :

Open market rates

—

Percent.

[From our own correspondent.

I

London, Saturday. Oct. 22, 1881.

The directors of the Bank of France have at length advanced

their rate of discount to five per cent, and the Continental

money markets generally present a firm appearance. On the

other hand, owing to the very moderate supply of mercantile

bills and to the improvement in the American exchange on Lon-

don, the value of money in this market has been declining, and,

4llthough the official rate remains at 5 per cent, bills have been

taken in the open market as low as 4 per cent. Our position, as

far as the value of money is concerned, has again become one

of some uncertainty. The improvement in the American ex-

change is sufficient to prevent any renewal of the demand for

^old for export to New York, but any return of the supplies

\rhich have recently been taken away from us, or a portion of

them, is by no means expected. The rise in the valu3 of moneyon the Continent and the downward movement in London havematerially altered the position of affairs. During the past ten

days moderate supplies of gold have been received from Conti-

nental sources, and these had some influence in cheapening thealue of money, but this week.the Continental exchanges havedeclined, and the receipt of further supplies is doubtful. Evi-dently, however, there is no reason for believing now in anyincrease in the official rate of discount. There is already a dis-

parity of quite one per cent between the Bank and openmarket rates, and except as a matter of urgency the directors

of the Bank of England are by no means likely to make achange. The position of affairs on the Paris Bourse is far fromsatisfactory, speculative activity having assumed dangerousproportions. A good many failures are expected to take place,

and they may be productive of some little disturbance, but theeffect cannot be in any way permanent. In fact, if thesefailures must take place the sooner the collapse occurs thebetter, as a very unhealthy condition of things has been knownto exist for some time past and an unfavorable effect has beenproduced. The general business either of this country or ofFrance cannot be much affected, if at all, while the breaking upof ipeculative cliques will be a gain.This week's Bank return shows more favorable results, and

Fer cent.5 4 months' bank bills 41494^8

6 mouths' bank bills 4J4®4 38

4 <& 6 months' trade bills. 435

Bank rateOpen-market rates—30 and 60 days' bills 4143 months' bills *i4

The following are the rates of interest allowed by the joint-

stock banks and discount houses for deposits :

Pel- eeni.

Joint-stock banks aij

Discount houses at call 3'sdo with notice of withdrawal 3%

Annexed is a statement showing the present position of the

Bank of England, the Bank rate of discount, the price of eon-

sols, the average quotation for Eaglish wheat, the price of

middling upland cotton, of No. 40 male twist, fair second

quality, and the Bankers' Clearing House return, compared

with the three previous years.

1881. 1880. 1879. 1878.Circulation, excluding £ £ £ £bank post bills 26,065,210 26,955,845 28,524,200 30,081,585

Public deposits 3,331,170 4,38C,3-i7 4.936.6.33 2.929.211Other deposits 25,488,565 28,178,535 32.862.392 27.8.59,388Governm't securities. 14.920,269 16,363,070 19.170.328 10,337,672Otlier securities 21,442,185 IH.106,756 17,873,855 23,311,846Res've of notes& com. 10,347,168 16,002,714 18,733,664 9,166,261Coin and bullion inboth departments.. 21.262,378 27,938,559 32,257,964 24,247,846

Proportion of reserveto Uabilities 35-61 48-72

Bank rate 5 p. c. 2isp. c. 2 p. 0. 6 p. 0.

Consols 9914 9919 98 9414Eiig. wheat, av. price. 47s. Id. 4l8. 5d. 49s. 9d. 398.3d.Mid. Upland cotton... 6%d. 6=81. 76i«d. 59,8d.

No. 40 Mule twist.... 10%d. lO^il. lOd. G^d.Clear'g-houBe return. 117.61 1.000 130.005.000 88,600.000 81,414,000

About £450,000 in gold have been received from various quar-

ters abroad during the week, but chiefly from Holland; but the

week closes with more doing for export. The silver market

has been dull, and very little demand has existed on Indian

account, the principal inquiry being for the Continent. The

usual amount—£350,900—of India Council bills was offered for

sale at the Bank of England on Wednesday; but only a small

portion was disposed of at Is. 7%d. the rupee. The price of

silver has been declining during the week, and Mexican dollars

are also cheaper. The following quotations for bullion are

from Messrs. Pixley & Abell's Circular:

OOLD. ». rf. »• <*•

Bar gold, fine per oz. standard. 77 9 «Bar gold, containing 20 dwts. silver, per oz. st.indard. 77 10>a»Spanish doubloons peroi. 73 10 ®South American doubloons per oz. 73 9 aUnited States gold coin per oz., none here «Uerman gold coin peroz '9

a.

5ii3,«a323i« ®55l6,j»51 »

«

BII.VER. O. <*•

Bar silver.flne per oz. standard.Bar silver.contain'g 5 grs.gold per oz. standard.Cake silver peroz.Mexican dollars per oz. nearest.Chilian dollars per oz.

Quicksilver, £6 15s. Od. to «7. Discount. 3 per cent.

The following are the current rates for money at the princi-

pal foreign centres

:

Bank Openrate. markeUPr. el. Pr. «<.

Madrid k. otherSpanish citie* 4 '

St. Petersburg... 6 5JlGeneva 3«« 3»9

Genoa •*J

Copenhagen S^a S"*Bombay 7 •••

Bank Oitenrate. marketPr.el. Pr. et.

Paris .. 5 4\Brussels 4>i 4%Amsterdam . .

.

4 4Beriin 51a 514Frankfort 518Vienna .. 4 3'8

NOVBMBKR S, 1881.J THE CHRONIOLE. 48»

The railway trafBc returnH pnbliuhed this week are disap-

pointing, and the value of British railway shares has had a

downward tendency. In some instances, as in the case of the

London & Northwestern undertaking, the reduction is attribu-

table to the loss of Irish traffic, caused by the distressing condi-

tion of affairs in Ireland. The repressive measures which have

been tardily adopted by the Government are, however, expected

to have a good effect, and there is much hope that loyal Irish-

men who were powerless during the time when the Land

Leaguers were allowed to have pretty much their own way,

win see that their interests will be benefitted by counteracting

in every way the subversive doctrines advocated by the Land

League. The latest news from Ireland is more hopeful; but it

remains to be seen whether the League is crushed or only sup-

pressed for a time. Foreign stocks have been dull, and are

weaker, the principal exception being United States Govern-

ment bonds, which have been steady. Continental stocks, and

especially those which are freely dealt in on the Paris Bourse,

have been depres.sed, but there are now some indications of

improvement. The next " liquidation " on that market is, how-

ever, anticipated with more than usual anxiety, owing to the

dangerous extent to which speculation has been carried. The

market for American railroad bonds has been decidedly weak,

and prices have been falling daily.

The traffic receipts on fourteen of the principal British rail-

way companies' lines since the 1st of July have amounted to

f16,680,575, against £16,144,420 last year; showing an increase

of £5.36,155. On the three principal Scotch lines, since August

1, they have been £1,474,028, against $1,394,557, being an

increase of £79,471.

The following letter of complaint appears in the Times this

morning under the head of "A New Regulation"

:

To the Editor of The Times :

SiK: Wonders never cease. The American Government (of

all governments) seems anxious to support the English Fair

Trade League by virtually refusing to recognize trade in other

than EnglLsh-made goods between this country and the United

States.

We are warehousemen, holding a large stock of various con-

tinental manufactures. Yesterday we were favored with a

visit from a New York customer, and succeeded in selling hima certain quantity of goods (partly of Austrian, German or

French make), which had been a long time in stock and were

not found suitable for this market. This transaction the

American Government, by its representative here, refuses to

recognize.

On presenting triplicate sets of invoices to the consul for

legalization (without which formality no merchandise can enter

the United States), the consul refused to certify same, on the

plea that the goods described therein were of foreign origin,

and must be invoiced from their native place; that we had bet-

ter appoint agents in the various places of production, wherewe are in the habit of buying goods, &c., so as to invoice goodsbought in " this city" from some obscure place in Germany,Austri.i, &c.

This seems so utterly absurd that we think it our duty to

draw public attention to it, and trust you will deem this letter

of sufficient interest to insert. We are, sir, yours obediently,

October 20. Impoeterb.

Since the heavy gale of last week we have had several days

of bright autumn weather ; but we are now having rather

strong gales from the eastward, and the weather presents an

unsettled appearance. The list of vessels reported on Lloyd's

Loss Book, between midnight on Wednesday, October 12, and

midnight, Wednesday, October 19, is a very serious one, and

the gale proves to have been one of the most disastrous both to

life and property known for some years past. The weather of

late has, however, been sufficiently favorable to enable farmers

to make satisfactory progress with field work, and a large

quantity of roots has been stored for winter consumption. Pre-

parations for autumn sowing have also been successfully carried

on, and farmers have been able to find time and labor to thresh

out larger quantities of grain. Dry winds have improved the con-

dition of the cereals sent to market, and farmers are marketing

about 250,000 quarters weekly. The wheat crop has thus far

yielded the farmers comparatively favorable results about 1,250,-

000 quarters having been disposed of at an average price of rather

more than 608. per quarter. In leas than two months a large

inroad has been made into our small crop, and although we are

now rather less dependent upon foreign supplies, yet it is quite

evident that this condition i f things will not be of long dura-

tion. Our imports of wheat and flour since harvest have been

about 1,000,000 cwt. less than in the corresponding period of

last season; but the deliveries of home-grown produce show asmall increase. It is thought that there has been some accu-

mulation of stock of late, but it cannot have b«en considerable.

Very little Russian wheat is finding ita way to the Britliih marketaA market has been found for the Black Sea Hhipmt-nts at Mar-seilles and other Mediterranean ports, and as the ports of Odeau,Taganrog and Azof will soon be clotted to navigation, we slu^U

not be able to rely upon any Rnasian supplies nf importaaee

until the spring. There se«ms to be no reason for believing in

much change in the value of wheat, tlillers are jast now oper-

ating with much caution; but merchants do not preaa sales, andonly a small decline has to be recorded in prices. Present

prices are regarded as sufficiently high to attract the snppltee

we require; but as we are not threatened with any superabund-

ance, there seems to be no room for a fall. It majr how-

ever be remarked that the Continent is taking very little

wheat from America. Russia sspplies it chiefly, and conse-

quently the American, Australian and Indian marketa are

left more free to us. This is obviously in favor of quiet mar-

kets, if not of easier prices; but the fact remains that in a ttrm

weeks the shipments of wheat from Russia will cease for the

season, unless produce can be brought overland by railroad

and still leave a profit. Prices in western Europe, however, are

by no means likely to rise to a point to admit of the operation

proving remunerative, and consequently Russian wheat, not-

withstanding the good crop in Russia, will not be a plentiful

commodity until after the re-opening of the navigation next year.

During the week ended October IS the sales of home-grown

wheat in the 150 principal markets of England and Wales

amounted to 61,398 quarters, against 56,471 quarters last year

and 26,122 quarters in 1879; while it is computed that there

were in the whole kingdom 245,600 quarters, again-st 226,000

quarters and 104,500 quarters. Since harvest, viz., in a period

of eight weeks, the sales in the 150 principal markets have

been 332,283 quarters, against 309,978 quarters and 136,018

quarters, the estimate for the whole kingdom being 1,329,160

quarters, against 1,240,000 quarters and 544,100 qnar.

ters in the two preceding seasons respectively. Without

reckoning the supplies of produce furnished ex-granary at

the commencement of the season, it is estimated that the fol-

lowing quantities of wheat and flour have been placed upon

the British markete since harvest. The visible supply of wheat

in the United States is also given:

1881. 1880. 1879. 1878.

rmnorts of wheat cwt 10,204,151 11,435.601 11.370.764 8.639,991

ta^rtl"^ou?.!T; 1.712:225 1,691,506 1,691.261 1,006,273

^1^a^.^T.'!'y°r° 5.759.000 5,373.000 2.358.610 8.005,000

Total 17,705.976 18,500,197 15,120,665 17,651,264

Deduct exports otwheat and flour 174,039 258.891 222.198 452,389

Result 17,531,937 18,211,303 15.198,467 17,193,876

Av'ge price of EnRllsli . .„ ..wheat for season (qr.) 508. Id. 41». 5d. 17s. lid. 42'. 8d.

Visible supply of wheat ,..,^„^^IntheU. 8 ...bU8h.20,250.000 14,400.000

The imports and exports of grain into and from the United

Kingdom during the first eight weeks of the season, compare

as follows with the corresponding period in the three previona

seasons.mroRTs.

1881. I8SO. 1879. 1878.

^Z- -*-^$:i$^;JSI ^iiSS^itSl ^i:l^S:ISi l:»4§^.^.::::::::::::::::: i.99Z;«??

""

Beans'".".""." 318.282[ndlan com 5'5^?''52iFlour 1,7*2,225

BXrOKTB.

1881. 1880. 1879. '§78.153,815 235..^20 174.767 435,933

7,396 1.61262.748 29,8908.964 15,8707,728 9.794

2,191,820294,635222.265

7.10S,7361,691,596

2,557,899 1,724.230103,932 268.53012H.S98 211.475

3.865.125 6.299,2891,691,261 1,006,273

Wheat owtBarleyOatsPeasBeans 35,710

23.374

3.!\793.S37

13,9313.808

219,50517.431

17.2331.3223.08188ft

54.012ie.4S»[ndlan iim"!:."!:.... 49.OT8

Flour 20.iii

The following return shows the extent of our exports of

British and Irish produce and manufactures, and of colonial

and foreign wool to the United States during the month of

September and during the nine months ended September 30.

compared with the previous year:

xXFom.

Alkali owt.Apparel and slops. ....£Ba^s and sacks doz.

,^T(7 27^%. 2.5» 2.a2.X«»6969 8.113 58.219 _4B,l«a

54618 67JS85 3?*.»t»1485 2.181 15.388751,505'16.10»

B.-er and ale ...... bbls. i'^S^li 51390O 66.038300 84,077,400

Cotton piece Koods,. yds. 1.525,300 6,513,900 «».^^ "eiS.iaS_ „. ydsEartlicnw.ds jiorcclam.*Halierdashery and mil-

linery *Hardware and cutlery.*Iron—PlK tons.

Bar. &c tons.

Railroad tons.

77,331

63,44012.66326.0611.170

11,531

69.515

46.82841.87213.0161,090

86,821

^98,796 619.186

396.805 342.19S361.763 S65.82T5tM.013 308.93217.039 9.154

173,775 S4S,44«

4if0 THE (CHRONICLE. [Tou XXXIIl,

,

—

hi September.-1881.5,522

16,07^132»

6.69212,632

. , In Nine MotUlis.-

Hoope, sheets and 1880.boiler plates . . .tons. 2.184

Tin platts tons. 13,865Castor wrouglit.. tons. 2,983Old for rcinauuft.tons. 4,571

St«cl—Uiiwi-ouglit.tons. 1,304Lead—Pig,<fec tons.Jut«yarn lbs. 235,200liinen piece goods. . .yds. 5,752,300Steam engines * 80Other descriptions...* 25,612

Paper—Writing or print-lug owt. 152Other kiuds cwt. 199

Bait tons. 23,054Bilk broad stufb. . . .yds. 26,543Ribbons £ 17Other articles of eillt ., „only * 2,255 13,098

Mixed with other ma-terial £ 9,727

Spirits —British .... gals. 17,9 12Stationery—Other thanpaiKir S. 6,285

Tin—Unwrought ...cwt. 422Wool—British lbs. 11,800Colonial & foreign . lbs. 635,689

Woolen cloth yds. 319,700Worsted stuflfe yds. 2,433,200Carpets, not beingrugs yds. 259.000

504,0007,810.400

2,34231,901

28195

23,31041,065

922

18,99025,643

8,33364

464,0002,634,153266,900

2,406,800

1880.38,163

134,15614,915

189,15432,974

2054,660,200

75,636,1005,176

293,716

3,4132,919

182,695268,637

2,017

26,068

84,55159,4a8

51,99414,224

9,762,50019,5.53,3063,576,600

31,263,300

1881.29,304

129,5864,543

66,15387,446

3473.092,200

63,892,.50049.545

284,730

3,9922,787

183,493251,799

3,159

72,213

113,69171,658

62,5845.900

3.984,80013,530,5123.332,600

21,285,300

The following table shows the erports and imports of specie

a/f, the port of New York for the week ending Oct. 29 and sinceJanuary 1, 1881:

EXPORTS AND IMPOBTS OF SPECre AT N8W .YORK.

aoid.

120,300 2.208,400 977,300

Great BritainFranceQenn.anyWest ladlesMexicoSouth AmericaAll other countries.

T»tal 1881.Total 1880.Total 1879.

The exports of railroad iron, distinguishing iron from steel,

daring the month of September and daring the nine months

were as follows:. In September. ,

. In Hine Months. .

1880. 1881. 1880. 1881.3,880 5,922 78,755 83,498

10,052 20.111 92,866 156,773Iron riiils tone.Btcel rails

Bazllob narliet Reports—Per Cable.

The daily closing quotations for seaarities, &e., at London,

and for breadataffs and provisions at Liverpool, are reported

by cable as follows for the week ending November 4 :

Silver.Great BritainFranceGermanyWest IndiesMexicoSouth AmericaAll other countries.

Total 1881Total 1880Total 1879

Bzporlt.

Week. Since Jan. 1

»•

1,6005,650

$176,619

*176,t>19208,850118.515

$68,160

6,5002.000

243.700102,075

$422,4412.105,7332,061,388

!,368,135169,850270,80910,204

38.44429.798

Imports.

Week. Since Jan. 1

$248,192

405,426334,40315,221

80,400

$32,359,2343,893,6718,891.7332,128,299278,511683,682

1,805,339

$1,083,6423,388,0354,180,608

10,27649071

$8,887,2384,831,193

11,107.846

$.50,010,46945,556,43052.823,860

$210,42520,06571,509720,695

1,115,475148,38021,761

$11,48443,482

$2,308,3104,153,523

53,005 6,929.495

Of the above imports for the week in 1881, $21,896 wereAmerican gold coin and $11,037 American silver coin.

Auction Sales.—Messrs. A. H. Muller & Son sold the follow-

ing at auction

:

London. Sat. Mon. Tiies. Wed. Thurs. Fri.

Silver, peroz d. 51^8 52 51i5ia 511316 5116,8Consols for money 995,9 9»9ia 99;;,« 9y«,B

JlRi''"Consols for account 995i8 99»j8 9G7i6 99 's 99 '8

Fr'ch rentes (in Paris) fr. 84-40 84-75 34-95 85171a 83-35U. S. 5s ctt'n'd iuto 3»2.s 1041a 105

4105 , 105 103

U. S. 4Jas of 1891 1161a 1161s II6I1 1161a II6I4

U.S. 48 of 1907 1191a 119% ? U9ia 119% 119%Erie, common stock 4614 4638 w 46 47^8 4818

13368%35%

1351268%3558

135 13

681s3514

I35I368 1435%

136Pennsylvania 6818Phila<lelphia& Reading. 35 14

New York Cent<-al I4414 115 I44I3 145 145

Liverpool. Sat. Mon. Tues. Wed. Thurs. Fri.

t. d. «. d. s. d. s. d. ». d. ». d.

Flonr (ox. State.. 100 lb. 14 9 14 9 14 3 14 3 14 3 14 3Wheat, No. 1, wh. " U 10 11 10 9 10 11 10 9 10 9Spring, No. 2... " 10 6 10 6 10 5 10 5 10 5 10 5Winter, West., n " 11 2 11 2 11 1 11 1 11 1 11 1

Cal. white " 11 11 11 11Com, mix.. West. " 5 11 5 IOI2 5 10 5 10 5 10 5 10Pork, West, mess . . ^ bbi. 78 78 78 78 77 77 6Bacon, long clear, now.

.

19 48 48 48 47 6 47 6Beef, pr. mess, new.^to. 94 94 94 91 93 J2Lard, prime West. ^ cwt 59 3 59 6 59 39 59 58 6Cheese. Am. choice, new 58 6 58 6 58 6 53 6 58 6 58 6

National Banks.—The following national bank was organ-ized last week.2,581—The Peoples' National Bank of Norristown, Pa. Authorized

capital, $100,000. A. A. Yeakle, President; Lewis Styor,Cashier.

Imports and Exports for thb Week.—The imports of last

week, compared with those of the preceding week, showa decrease in both dry goods and general merchandise.The total imports were $7,580,223, against $10,214,552 the pre-ceding week and $8,411,665 two weeks previous. The exportsfor the week ended Nov. 1 amounted to $5,910,615, against$6,590,674 last week and $7,164,162 two weeks previous. Thefollowing are the imports at New York for the week ending(for dry goods) Oct. 27 and for the week ending (for genera)merchandise) Oct. 28; also totals since January 1:

FOREION IMPORTS AT KliW YORK.

For Week.

Dry GoodsQen'lmer'diBe..

TotalSince Jan. 1.

iJry GoodsGen'lmer'dise..

Total

1878.

$1,317,6524,753,54S

$6,071,200

$66,573,906177,213.639

t243.787,54S

1879.

$1,256,5785,0;i2,579

$6,279,157

$80,210,277191,586,480

*274.796.757

1880.

$1,264,1375.785,699

$7,049,886

$109,312,242304,058.830

$413,371,072

1881.

$1,696,7325,883,491

$7,580,223

$96,169,607209,151,187

*363.320,791

In oar report of the dry goods trade will be found the imponsof dry goods for one week later.

The following is a statement of the exports (exclusive ofBpe<ie) from the port of New York to foreign ports for theweek ending Nov. 1, and from January 1 to date:

EXPORTS FROM KBW YORK FOR TUB WEEK.

1878. 1879. 1880. 1881.

For the week...Frev. reported..

«5.986.068288.639.400

$8,523,292286,705,565

$10,321,211341,821,636

*5.910,615310,219,783

Total a'ce^an.l *294.625.474 *295.228,857 $352,142,847 t325.130,350

Shares.30 N. Y. Equitable Ins. C0..I5OI236 Firemens' Ins. Co 9750 Brooklyn Fire Ins. Co. ...19530 iEtna Fire Ins. Co. (80

percent paid) $33120 Firemen's Fund lus. Co.

(Receiver's certittcate,

70 per cent paid) $2520 Fulton Bank, New York.l35x54 Bank of New York Nat.

Banking Association ...14430 Hanover Fire Ins. Co 155

400 Syndicate Min. Co.$6 50 p. Bh.

100 N. Y. Gaslight Co IO41920 Metropolitan Gasl. Co. . . 14935 Bank of North America.. lOSH30 Centrnl .Valional Bank ..130ia63 Long Island Fire Ins. Co. 11820 Republic Fire Ins. Co ... 757 N. Y. Eciuitable Ins. Co.. 156

Shares.2 Sterling Fire Ins. Co 648 Republic Fire Ins. Co 75

25 Hanover Fire Ins. Co 1535 Harlom Bridge Morri-

sania & Fordham BR.Co $51 per share

68 Second Avenue RB. Co.. 1251917 Central Park North &

East River RR. Co 13110 Old Dominion SS. Co Ill

Bonds.$2,000 Brooklyn City 7s, Park

bonds, due 1913... 140 and int.

30,000 Gulf Colorado & SantaFc Railroad of Texas 1stmort. 7 per cent bonds.Interest .lanuary and July(hypothecated) llOiaSlll

50,000 La. State 8 s. redeem-able March 1, 1868 ..$14 p. bd.

Statement of the Comptroller of the Currency, showing byStates the amount of National Bank circulation issued, the

amount of Legal Tender Notes deposited in the United States

Treasury to retire National Bank circulation, from June 20, 1874,

to Nov. 1, 1881, and amount remaining on deposit at latter date.

StatesAND Ter-ritories.

AdditionaleircututionissuM sinceJ line 20,1874.

1,506,180613,165

2,000.36021,510,9903,396,6004,412.970

28,141,2152.899,335

16,383,230277,275

2,002,310457,000

1,101,800226,810

1,235,660180,700542,33072.000

207,000

Lcgcl-Tendcr Notes Deposited to

itelire National Bank Clrmita-lion since June 20, 1874.

Itedcmpl'nof Notes ofLiqiwlaVgBanks.

317,00072,997

351,097234,80032,3.5063,350

2,651,693467,603

1,311,226

To RetireCircuVtionuiulcr Actof June 20.1874.

166,600432,664919,369731,060128,200

764,70055.800

1,753,0109,680,7001,409,8853.731,030

30,520,5802.363,137

12,145,871

1,623,110489,600171,000

4,621,380848,770

1,013,3605,683,5603.900.8503,460,9252,454,3101,253,0301,980,7001,165,100269,080260,40036,000

721,800134.900255,60030,60090,000

225,000292,500912,600

330.925

90,000

656,41361,290

629.867370,401

1,043,4501,704,5971,414,.5971.884,334530,800680,800858,069554,493781,72145,000

147,225161,191111.700

1,718.380530,060

1,036.010386,685

1,147.5851,187,380437,675

TotalDeposits.

1,081,700128,797

2.101,1379.915.5001.442,2353,796,380

33,172,2733,030,740

13,457,097

Legal Ten-ders o nDepositwith V. S,Treasurerat Date.

203,62423,686

746,9381,506,080331,908

1.420,4767,170,8201,097,8275,108,018

1,884,980962,724

1,955.3791,117,7451,275,7831,187,380763,600

179,100 269,100

2,039.2.50229.340171.000

2.173,833551,859

3,862,1354,651,0347,8.59,0837,706,0463,237,4751,239,5891,760,6151,883,445316,550449,980

149,400196,80081,000

90,000

2,755,663290.630171,000

2,803,700922,260

4,nOi,5856,355,6319,273,6809.590,3803,774,2751,940,4492,619.2842,437,9401,093.271494,980

296,625337,991192,700

75,17497,366

265,166140,455209,991161,44399,032

Maine.N.HampshVermont..Mass..Rh. IslandConnNew York.N.Jersey..PennDelaware.Maryland.Dist. Col.Virginia ..

W.V'giniaN.CarolinaS.CarolinaGeorgia. .

.

Florid.^ . .

.

Alabama..MississippiIjouisiana.TexasArkansas

.

Kentucky.Tennessee.Missouri .

.

OhioIndiana...IllinoisMichigan .

Wisconsin.IowaMinnesotaKansas . .

.

Nebraska

.

Nevada . .

.

Colorado..UtahMontana.

.

Wyoming

.

N. MexicoWash'ton .

Dakota . .

.

California.'Leg. tend.

Total 122,727,905il9,945,544 107,978,052 131.737,371 30,702,59&

•.Deposited prior to Juno 20, 1874, and rempUnlng at that date.

86,826221

59,79942,2408,998

832,637146,057647,353

1.979.6362,757,9331,711.0051,297,792527,790468,5437.62,740257,498216,506

• ' 1,71816,91612,60856,145

90,000

3.813,675

69,635

KoviMBKR 5, 1881.] THE CHRONICLE. 491

Statement of the Comptroller of the Carrency on Nov. 1,

1881, showing the amountt) of National Bank Notes and of Lecral

Tender Notes outstanding at the dates of the passage of the

A;t8 of June 2(), 1874, January 14, 1878, and May 31, 1878,

together with the amounta oi|t8taiiding at date, and theincrease or decrease:National Bank rfiUes— ^ . .

Amount oiitHliindiiiKJuiio 20, 1874 $340,894,182AnioiiiitoiitKtmidiiiK Jiviiiiary 14. 1876 3.'il,861,4S0

AmoiintoiitntiiiKlliiK May 31,1878 !)22,55ft,9fl5

AinouiiloiilKtiimlinniitilatc * 330,422.738IiicrciUiO (liiririK llio laxt iiimith 1,6152,248

liicreiiBel flinco Nov. 1,1880 16,001,57«Leatd Tender Xotes—

Amount oiilKtaii(liiij,'.Iiinc 20, 1874 $382,000,000AmountoutHtandint; January 14, 1875 382,000,000Amount ictlrod under ait of Jan. 14, 1876, to May 31. '78 35,318,084Amount ontstaudiuK on and sino-oMay 31, 1878 346,681,010Amount on deposit with tlio U. S. Trcimurcr to redeemnotes of insolvent and Ilqnldatlns banks, and banksretiring einulallon under Act of June 20, 1874 30,702,690

Dcci-oaso in deposit dnrlng the last month 1,134,328Incroiise in dciiosit since Nor. 1,1890 10,142,581

' Circulation of national »roI<l banks, not ineUided In the above,$921,512.

The following is an interesting statement, also furnished bythe Comptroller, showing the amount of ?ach class of bondsheld against national bank circulation and to secure publicmoneys in national bank depositories.

DescriplioH of Bonds.

(is, not continued

Currency 6s

5 i>cr cents

IHiper cents

4por cents

58, extended at 3^8

68, extended at S^a. .

.

U. S. Boixds Held Nov. 1, 1881, to Secure—

PiiblicDepofila

in Banks.

$20,00033,000

75,000

845,0000,157,800

6,510,400

1,949,300

Total $15,590,500 $369,588,500 $385,179,000

Ban^Circulation.

3,486,000

758,90031,981,650

92.005,800

187.614.550

53,741,600

Total Jleld.

$20,0003,519,000

833,900

32,826,650

98,163,600194.124,95055,690,900

New York & Texas-Mexican.—A press dispatch trom Gal-veston, Texas, Nov. 1, says: Work on the New York & Texas-Mexican Railroad is advancing rapidly. Six miles of steel rails

have been laid. Eight thou.sand tons of rails have been pur-chased, which is sufficient to lay the track to Victoria, 100 mileswest of Rosenburg Junction. Over fifty miles of the road havebeen graded. The President of the company says the road will

be completed by Feb. 1, 1882. A large force is nowengaged grading the line east from Victoria and west frombeyond Wharton. Six iron bridges have arrived for use acrossstreams intersecting the line of the road.

Oregon Pacific Kailroad.—The company furnishes the fol-

lowing from the Daily Oregonian of the lith instant

:

"The Oregon Pacific Railroad Company has now in theiremploy 9C0 men, and to this number 300 more will be addednext week. They have four saw mills in operation, and anotherwill be completed next week. These figures do not include themen employed on the tunnels, bridge and trestle work, as theseare separate contracts outside of the company's pay-roll. Thegovernment work at Yaquina is progressing finely, and thetramway now reaches deep water. The sand is banking up oneach side, being now some nine feet deep, which adds consider-able to the progress of the work."Richmond it, Danville.—In the Chronicle of October 15,

Bage 413, is a list of 2,006 miles of railroads in the Richmond &anville system. The Atlantic Tennessee & Ohio Railroad, re-

cently acquired, adds 47 miles more, making a total of roads inoperation owned and controlled by the Richmond & DanvilleRailroad Company of 2,053 miles. The net annual fixed chargeson these properties are given as follows :

Equivalentto 6 per

cent on perAmount. Per mt'e. mile.

$1,124,216 $1,485 $24,570

MUexOf road.

Richmond & Danville RR. Co... 757 OKicbmond & Wtst Point Ter-minal Railway and WarehouseCompany's roiuls 1,174'3

Atlanta & Charlotte Air Linebranches 70-0

849,530

15,050

724 12,066

215 3,583

Total 2,0013 $1,988,796 $994 $16,566Fifty-two miles of the branch roads of the Virginia Midland

Railway are leased to the Baltimore & Ohio Railroad Company,and do not therefore appear ia this mileage.Georgia Pacific Railway.—The Georgia Pacific Railway

has been projected from Atlanta through Birmingham, Ala-bama, across the Mississippi River to Texarkana, Texas. Theportion ot the line from Atlanta to Anniston (where it crossesthe Selraa Rome & Dalton Railroad), a distance of 100 miles, isnow under contract and will very shortly be completed. Thebuilding of the Georgia Pacific Railroad from Atlanta toTexarkana is projected, for the purpose of giving the Rich-mond and Danville system a direct line for trade and travelbetween the Southwest and the Southern and North AtlanticStates, and also for the purpose of opening up the coal andiron fields of North Alabama, and the cotton growing sectionknown as the Yazoo Delta of Mi.'wissippi.

Rome Watertown & Ogdensbnr?.—The reorganization com-mittee, consisting of Messrs. Samuel Sloan, G. D. Morgan, Percy^- Py^i Charles Morgan, and Cbas. Morgan, Jr., met in this cityen rhuTsday and adopted the following plan:

1. Give in exchange for ont«tandhig first mortgage consol.

bonda new bond* bearing 5 p«r ««Dt for tbre« yean from 0«t. 1and 6 thereafter. 3. Fund all aceraed intereft, amoonting to28 per cent, into 7 per cent income bonds. 8. Asmm stock 10per cent for the purpose of paying off the flMting debt, thepurchase of new equipment, ko., and give ineome bond* foramount of aMenmente.

In order to carry out the plan and Insure the payment of theas.sessment on the stock, (Charles Pantons has presented to theFarmers' Loan & Trust Company—trustee of the mortgage—$530,000 of the first consolidated bonds (being more than one*tenth of the outstanding bonds) and request^ it to advertiseand sell the road in the manner provided for in said mortgage.

St. PanI & Dninth.—The net income of the St. Paul ScDulnth Railroad Company, from June 27, 1877, to July 1. 1881,is reported as f1,378,922, of which S268.460 was osed brorder of court in the final payment of debts of the old organf-zation (Lake Superior & Mississippi Railroad Company) ^107.-862 has been expended in improvements, extensions andadditions to the property, $30,382 has been left as a sinkingfund, and of the balance, |470,560 is now appropriated to theSayment of a dividend of 10 per cent in the preferred stock,ue now to the preferred stockholders.

Santa Crnz Railroad.—This road was sold under foreclosurein Santa Crnz, Cal., October 1, and bought for $198,705 by thePacific Improvement Company. It is to be changed to standardgauge and made a branch of the Southern Pacific.

Union Pacific—This company makes the following state-ment for the month of August

:

„ , _. Earnings. Kxpentet. Net Eamlnfft.Union Division $1,608,939 $7.56,924 $8.52,016Union Branches .362,375 249,448 112,927Kansas Division 604,242 285,471 318,771Kansas Branches 93,830 67,466 26,364Denver & South Park 127,457 95,980 31,477

Total $2,796,843 $1,455,289 $1,341,554

Wisconsin Central.—The report of John A. Stewart andEdwin N. Abbott, trustees of the Wisconsin Central Railroadto the Wisconsin Railroad Commissioner shows the followingfigures :

1880 1881Total income $932,! 80 $1,202,025Operating expenses. 668,006 800,826Excess of income 401,198 425.122Taxes 11,134 5,387Interest accrued during the year 58,000 10,000Balance for year 134,784 220,134

EAKNIK08.Throufh passengers $426,502 $Local passengers 247,520 219,661E.tpress and baggage 11,430 1,086Mails 25,803 27,608From other sources - 4,463 6,264Total imssengcr earnings 331,685 205.506From local freight 669,803 589,623From through freight 184,853 101,113From other sources 10.683 6,878Total freight earnings 870,339 697,621

The capital stock is $11,435,500.

—We are informed by the New York agents that subscrip-tions to the preferred stock of the North Horn Silver MiningCompany are coming in at a satisfactory rate.

BANKING AND FINANCIAL.

BANKING DEPARTMENT.

Office of riSK & HATCH,No. 5 NASaA U STREET,

Hew Tobk, 1881.

In answer to nnmerons letters of inquiry as to the terms on which wereceive deposit accounts of banks, bankers, buslneas Urms and Indlv"

Iduals, we issue this circular for the general Information of those whomay desire to open accounts with a private banking hcose In this city.

We are prepared, on the terms mentioned below, to receive the

accounts of responsible parties In good standing.

1. Except in case of banks, savings banks, or other well-known corpor-

ations, or of individuals or firms whose character and standing are

already known to us, we require satisfactory references before opening

an account.

2. We allow Interest at the rate of 3 per cent per annnn on the averag e

monthly balances when the same amount to $1,000 or over. On ac-

counts averaging less than 81,000 for the month we allow no interest.

3. We render acoonuts current, and credit interest as above, en the

last day of each month.4. For parties keeping regular deposit accounts with us we ooUeot

and ci-edit United States, railroad and other coupons and dividends

payable in this city, without charge; m.ike careful inquiries and give

the best information we can obtain reepootina investments or other

matters ot linancial Interest to them; and in general »er\-e their interests

in any way in which wc can be of use to thorn in our line of boslness.

5. Wc do not discount or buy couunercial paper, but are at all Umesprepared to make luivaucos to customers and correspondents on tJ. 8bonds or other tlrst-olass and marketable securities.

6. All deposits are suUfect to obeok at sight without notice.

One of our firm is a member of the New York Stock Exchange, and wegive particular attention to orders by mail, telegraph or in person for

Uie purchase or sale of Bonds and Stocks on CommisslouWe continue to buy and sell .direct, without commission, all isinos

and denominations of United States Bonds for iianiccllatc delivery at

eurrent market rates, and make exchanges for National Banks in the

Banking Dcpartiueiit at Washington, without trouble to them.

Our "Memoranda Concerning auvcmiucnt Bonds" wUl be sent poet-

paid on application. FKK * HATCH.

492 THE CHRONICLE. fVoL. XXXIII,

dividends:The foUowlne dividends have recently been aunouuoed

:

Name of Company.Percent.

WlienPayable.

Books Closed.(Days inclusive.)

Railroads.Boeton, Coucord &. Montreal prel.

Clnciuuali,Siin. & Cleve.pref3344

$2

Nov. 15Nov. 1

Nov. 1Nov. 30

Oct. 21 toNov. 1 to

iniscellaneoas.Nov. 15 Nov. 2 to Nov. 14

nental orders for cotton have made up the deficiency, in «

measure, in the supply of exchange. It is also intimated that

the course of our railroad stocks and bonds has been to, in place

of from, the London market this week, and this adds to the sup-

ply of bills on London. In the domestic exchanges the terms

this week have rather tended in favor of New York from the

neighboring cities, and but slightly against this point at

Chicago. At the cotton ports the rates are at steady small dis-

counts.

Quotations for foreign exchange are as follows, the outside

prices being the posted rates of leading bankers :

November 4.

NEW YORK, FRIDAY, NOVEMBER 4, 1881-5 P. M.

The Money Market and Financial Situation.—The price

of money to the stockbrokers and on mercantile discounts has

undergone no very decided change this week ; but the market

has a more healthy look at the close, with the prospect of an

easy supply at 5@G per cent for some time in the immediate

future. This calculation might not be realized but for the

plethoric condition of the United Stat«s Treasury and the rea-

sonable certainty that the new administrator of the Department

will apply the surplus more rapidly ttian his predecessor to the

redemption of the matured 5 and 6 per cent bonds of 1881 in

their 3^ per cent extended shape.

Judge Folger, who assumes the place of Mr. Windom in the

Treasury early next week, is comparatively a new man in finance,

but the duties before him are less difficult than for any Secre-

tary since the close of the war. He will find himself literally

overwhelmed with cash resources and incoming revenues, and

the matured debt which he has to provide for has been placed

at his call on 3^ per cent interest, and can, and no doubt will,

be paid off as rapidly as the surplus means to do so come

into the Treasury.

The report of the United States Treasurer for the late fiscal

year has just been published. It shows that the receipts into

the Treasury averaged $1,000,000 a day. This average has been

increased to $1,230,000 a day since the close of the late year and

to the close of October of the current year.

Time loans or mercantile discounts are easier than on our last

week's report by at least }^ per cent. The present terms are

8@4 per cent on government collateral, and 5@6 per cent on

other good stocks and prime paper.

The Treasury has been moved to stop the exchange of silver

notes or certificates for gold, which had been allowed for several

months for the accommodation of the grain and cotton States,

where the paper medium is preferred to either gold or silver

coin. The reason for the new order is that almost all the stand-

ard silver dollars now in the Treasury have been covered by the

issue of silver notes. The October coinage of these dollars hasnot increased the amount in the Treasury against which notes

may be issued more than half a million of dollars, as there hasbeen a demand for the coined dollars for popular circulation.

The Bank of England statement on Thursday showed a loss

of £386,000 in gold, and the reserve was 37 11-16 per cent, against

87 15-16 the previous week; the discount rate remains at 5 percent. The Bank of France gained 7,475,000 francs gold andlost 10,475,000 francs silver. The statement of the ImperialBank of Berlin exhibits an increase of 1,660,000 marks.The last statement of the New York City Clearing-House

banks, issued Oct. 29, showed a further increase in reserves, andthere is now a surplus of $4,710,800 above the 25 per centrequired by law, against $1,907,275 the previous week.The following table shows the ckanges from the previous week

»nd a comparison with the two preceding years

:

Prime bankers' sterling bills on London.Prime commercialDocumeutar.v commercialParis (francs)Amsterdam (Kuilders)Frankfort or Bremen(reichmarks)

Sixty Days.

4 80i3al814 79%®4 8OI44 79 ®4 79H!5 27^4 as u'614

3358» 39%

Demand.

4 S4>a®4 854 xSi^al 844 83 a4 83^5 23^®5 21J440 ® 401893 ® 95>8

United States Bonds.—Government bonds this week have

varied nearly 1 per cent on the 3^ per cents August (extended

5 per cents), on the belief among the great dealers that the

Treasury would call in all the 6 per cent extended bonds at 3^before disturbing the extended 5 per cents. There wa.-J less

firmness in the bidding at the close of the week for this class of

3%s. The registered 4^s are now called ex-December interest.

The 4 per cents continue firm at 116@116>^ and the coupon 4}^t

113@113>^. The currency 6 per cents (Pacific subsidy) are held

out of the market and the bidding is very high.

The following circular was issued by the Treasury Department

this afternoon:WASHiKaros, U. C, November 4, 1881.

Notice is hereby given that on Wednesday next and on each Wednes-day thereafter throngii the present mcmth, and until otherwise ordered,

the Department will redeem at the office of the Assistant Treasurer 01

the United States at New York, paying par and interest accrued to the

date of redemption, any uncalled U. S. bonds continued to bear interest

at a^ per cent per annum to an amount not exceeding two millions of

dollars ($2,000,000) on each day mentioned.H. F. French, Actmg Secretary.

The closing prices at the New York Board have been as follows:

68, continued at 313.

.

5s, continued at 3^..ihta, 1891 reg.

4»»8, 1891 coup.48,1907 reg,

48, 1907 ooap.68, cur'oy, 1895. .reg.

88, cur'cy, 1896.. reg.

68, our'cy, 1897.. reg.6s, our'cy, 1898. .reg.

68, oor'oy, 1899. .reg.

InterestPeriods.

J. & J.q.-Feb.Q.-Mar.Q.-Mar.Q.-Jan.Q.-Jan.

& J.J. & J.

J. <fc J.

J. & JJ. &. J

Oct.

29.

lOO's102113113116116130'130»s13112132i«133H

Oct.

31.

101102181131)3IIHI6116%130•1301a'131

'1311s>13;

Nov.1.

101102

*xll2113

"116i€116it1301301s131131131

Nov.2.

•101101 's'112113lieift

lie's'130•1301«>131•I3II2•133

Nov. No-J.3. 4.

101 101102 lOlT,11218 •112•113 •113116 •116116 •116•130 •130•130i« •1301a•131 •131132 •132•133 •133

1881.Oct. 29.

Diff'er'nees fr'mpretums week.

1880.Oct. 30.

1879.Nov. 1.

lioans &ad dls.

SpecieCirculation . .

.

Net deposits .

Legal tenders.

Legal reserve.Beserve held.

*309.2o4.50061,068,10019.918.000

288.038,80015,652,100

$72,009,70076,720,300

Dec.$2,036,000Inc. 2,708,700Inc . 2,),000Inc. 1,395,500Inc. 443,700

Inc. $348,875Inc. 3.152,400

$317,880,20066,372,40018.646.500

302,582,10013,016,700

$73,645,52.-,79,389,100

$271,238,60029 673,30022,600.500

231,412,00028,613,900

$58,603,00058,291,200

Surplus $1,710,8C0 Ino .$2,803,525 $3,743,575 def. $311,800

Exchange.—The foreign exchanges have been alternately

strong and weak since our last report between $4 80^ and$4 81^ to the pound sterling for 60 days' bankers' on London.The light exports of produce from New York should have madeexchange stiffer, and from the cotton ports the movement to

Great Britain has been light, bat the French and other Conti-

* Thl« is the price bid at the mormng board : no sale was made.

f.'^State and Railroad Bonds.—In State bonds the improve-

ment in the Arkansas railroad issues is continued, without draw-

ing out many bonds. There has been a lively demand for

Virginias deferred, on a growing hope that the new State of

Western Virginia will make some provision for this part of the

debt of the old Commonwealth. There is a slight improvement in

Tennes.see 6 per cent bonds. The lime is close at hand when the

Supreme Court of the State is expected to remove the injunction

taken out by the repudiating party in June against executing

the 3 per cent refunding act of the Legislature.

There has been more doing in railroad bonds, partly for the

re-investment of November dividends; but no new loans have been

brought out, and the previous loans brought to a pause by the

turn in the money market in the summer are not yet moved by

the bankers and syndicates that brought them out.

Railroad and Miscellaneons Stocks.—In railroad and mis-

cellaneous stocks the speculation of the week has not been of a

settled or confident character in either direction for the fall or

the rise, but it may be remarked that for the last day or two the

buying decidedl;)^ improved, the market being ltd by an upwardmovement in Erie common and preferred and bonds. The annual

e'ection for directors of this road takes place on the 29th mst.,

and it is supposed that the arrangement of the ticket for the

new; management has been agreed upon between the London

Committee, who control the voting on the common stock, and the

recent buyers of the stock on this side. The stock closed this

afternoon at 47M tier cent.

The roads in the Vanderbilt interest, and also the roads con-

trolled by Mr. Gould through his Wabash and Missouri Pacific

systems, are firm and show decided confidence in the buying at

liQfl clORf^ of tuP W66KThe Elevated stocks have had a large advance this week, and

the termination of the receivership of the Manhattan andarevis

ion of the terms of the lea.se of the New York and Metropolitan,

have given life to all these stocks.

In the closing dealings at the Stock Exchange the best pnce»

of the week, as the role, were fully maintained.

NOVBMBKR 6, 1881] J THE CHRONICLE. 493

RANQK IS PRICES AT THB N. Y. STOCK BXCHANQB FOR TflK WEEK, AND SINCE JAN. 1.

STOCKS.

ICAII.KOAn^.lb»ny 1^ SMKqiiphnniiA....Bootun .t N. Y. Alrl.tuo

D.) tint...Baffftlo ritlKlmrif it Wfntoni...Bnrllnffton Coilar Hh|>UU A No.Oftna4la SouthernCMar KnlU <ft MluncHota•btral Jowa.

OentrftI of Now JernflyCantrAl PaclflcCheii»ppAk« A Obto

Do Istpref. ..

Do 2d iiref

ChlojH^ <ft AltonDo pnif

Chloairo Burllnfct«n A QnlncyCtiicaffo .ft KftHtum IIMnolH...Chicago Milwaukee A SI. Paul.

Do pref.Chlcagt> A Northwestern

Do pref...ChlcaRoKork Inl. A PacificChlc»KO St. I,. * New Urleann.

.

Chli.aKO S4t, Paul Minn. A Oni..Do prof.

Cincinnati Sanilnakv A ClevCleveland Col. C'In. .t IndCleveland A Plttsbury guarColumbua Chic. A lud. Central.Danbury .* NorwalkDelaware l..ickawauna A West.Denver A Hio (IranileDubuque A .Sioux CityEaat Tenneasee Va-AOa

Do pref.

.

OeorrlaRR. A Banking CoHannibal A Bt. Joaeph

Do prefHarlemUonat^n A Texas CentralIllinois CentralIndiana iiloom'n A West., new.Keokuk A Des Motnes

Do prefLake Erie A WesternLake ShoreLong IslandLouisiana A Missouri River

Do prefLouisville A NashvilleLonlsviUe New Albany A Chic.ManhattanKanhattan Beach CoMarietta A Cincinnati, 1st pref.

Do 2d pref.Memphis A CharlestonMetropolitan KlevaledMichigan CentralMilwaukee I... Sh. A WesU, prefMilwaukee A NorthernMissouri K.ansas A TexasMissouri PaeillcMobile A OhioMorrla A EssexNMhTille Chattanooga A St. L.Kew York Central A Hudson ..

ITew York KlevatedNew York Lake Erie A West.

.

Do pref.New York New Ifaven A Hart.New York Ontario A Western ..

Do pref.Norfolk A Western

Do prefNorthern Paciflo

Do prefOhio CentralOhio A Mississippi

Do pr«{Ohio SouthernPanama, Trust Co. certificates.Peoria Decatur A EvansvlUe...Philadelphia A Rea<lingPittsburg Ft. Wayne A Chic...Rensselaer A BaratogaBioh.A Allegh.. stock trust ctfs.Klchmoud A DanvilleRochester A PittsburgRome Watertown A Ogdensb'g8t Louis Alton A Terre llante.

Do pref.ot Lonis A San Franelsro

Do pref. . ..Do 1st pref.

«t. Paul A DniathDo pref

St. Paul Minneap. A ManitobaTexas A PacirtcToledo Delnhos A Burlington !!Tlnion PacltloUnited Companies of N.'iWabash St. Louis APaclflc'""

Do pref.NIISCEM.ANEOIIS:

American Hi.strlct TelegraphDelaware A Iluiisou CaualNew York A Texas LandOregon Railway A Nav. Co.Pacific MailPoUman Palace CarSatro Tunnel"est. Union Tel., excertlflcates

EXPUEIM.AdamsAmerican ',. '.

United States....Wells, Fargo A Cor>«i5*'^'' '*'*'» MINING.Cidorado Coal A Iron . .

Consolidation CoalHomestike MiiiiugLittle Pittsburg .MiningMariposa Land A MiningMaryland Coal.Ontario sUver Mining<iulcksilver Mining ....

Do prefstandard Consol

"'

DAILT HIOHXST AND LOWKST PRIOXfl.

lacnmay, Mondar, Tnesdar, Wednesday, Thnrsday. FrtdsrOct. 20. Oct. 81. Nov. I. Nov. 2. Nov. Sf Nov. i!

•700-i\ Bi'»

OB SO>t95 'a 06\iS't 28'«*0^ 41SOV 30h130 130

137 137"

ioii'^ ii6'121>4 122124 », '.25 "a

135 135134 V| 135

4IS4 41^102>iil03i4

93 >« 03 Ki

14021^ 21 7g

127% 12883Hi 84

n\ 147,264 26'a

95^4 96 >a113 117

130", 131--i

19<4 20

47^4 48121»» 122',55 65

9i\ 96

62 5324>a 2d>418 18

74\ 7594 993493 '« 9»51i« Ol's

*80>«...

96% 96%04% 96%£8% 29•40 4130 >a 30%130 130

80 8063 <3 64%

94% 9605 95%20 2940 40•30% 31128 >3 129 Hi

187%137>a 136% 137

iS8"uo"" i07%i08%

124 >i 126%136 135134% 135%78 "11 7941's 42102% 103

91 92139% 139%•21 21%

126 >a 127%82% 84

14% 16•26 27

96% 96%113 114%

131 131%44 44 >3

46% 47%120% 122%65 65%18% 18%

94H> 96>a

52% 63%24% 24>a

40'tj 41106 108%37% 38%126% 125%83 'J 85139% 141110 11044% 45%88 Hi 88%

l-'O 17032% 33%

56 65%.S3% 39%79 80%27 27%41% 42%

22 22^4

40% 4168% 69

39% 40102% 103%

32S7

3267

106% 106%62% 53%20 23121% 122

48% 49%88% 89%

109% 109% 10942

74 74%96% 99%93% 95%60% 61%

40% 41%105 106

X

37% 37%

85 85139% 140»,110 110=444% 4688% 88%170 17032% 33%

54% 6538% 3979% 80%27 27%41 41%

123% 124%135% 135%135 135%78 7841% 41%102% 103%

91% 91%139% 139%•20% 21%

126% 127%81% 83•80 ....

14% 14',•26 27

138

60 64%

80% 80%63% 64%

94% 0694% 96%28% 28%40 40

129% 130

107% 108%

124% 125%135% 137135% 135%70 7941 41%102% 102%

92% 92%140

•20% 21%

126% 127%80% 81'i

95% 96%113 113%

130% 130%

46% 46%121% 122

63 5422% 23

97% 9893 94%50% 51%

40% 41%104% 105%3ti 37%123% 125%82% 84139% 140%109% 110%44% 45%

170 17032% 32%

63 64%38% 38%79% 8027 2740% 41%

40% 40%67% 69137 138%

39% 39%103% 104%

44% 44%69% 69%

52% 64%21 22%120% 121%

48% 49%88% 89%

standard Consol. MiningCameron Coal ..

Oootral Arizona Min'iiiit"SAkdwood Mining.....Kxoelsior .MiningKew Central CoalB»blnsou Mining•tivercilir Mining.Stormont Mining

49 49%133% 133%1% 1%87% 88%

145% 146%96% 96%76% 77134 134

51% 61%

109%42

163 163 '1

49 49%132% 1331% 1%86% 87%

19 20

"•4%"8"

•36 36%14% 14%01 G2•22%36% 37 >,

1% 1%7 7

1%1%

13% 13%

•20% 23

39% 4067% 68

•137

39% 33%104% 105

44% 44%•68% 70106% 107

63 64%22% 23%119% 120%

48 48%87% 88%

163% 165%48% 49%133 133

14% 14 ai

26 26%

96 96%112% 113

90 90130% 130%44% 45

•80 ...

63% 64%

96% 96%95% 96%28% 28%40 40

80% 8163% 64%

129% 131

137% 138

108% 108%122 122125% 127%138% 139%135 136 H;

70 7941% 42103 103%48 51%93% 03%139 13921 21 >,

126% 127%81% 82%

14% 14%•2S 26%

98 96%112% 112%21090 90131% 131%44% 49

46% 47121% 122%

94% 96%

53% 54%•23 2418% 18%

97 % 10092% 94%50 oOH

40% 41%104% 10636% 38%124% 124%

139% 140%110% llO".;44% 46%88% 90%

32% 32%

64% 64%38% 39%79% 80%26% 2741% 41%

21 21

39% 39%67% 68%

138 139

38 SSa,104% 10827% 27%30% 30%64 6493 9344% 44%68% 68%

63% 53%23% 23%119% 120%

47% 48%8''% 88%

108% 109% 108% 109%

166% 166%47 48',

is; 131 <,

86% 87% 86% 87

47 47122% 12366% 66%

95% 96

50 64•23% 26

99% 105%84% 95%50% 503,

40% 41%106% 106

139% 140%110% 111%45% 46%90 90%172 17832 32',

96% 96%96% 9(1 >,

28% 2H%•39% 40•«9% 30%130% 1311,

•iMOftheWMk,Bhana.

800300

16284,060

137%

ic8°%

128%140135%79%41%102%5293%

"ii"

138%

iiw'i122127',141135 H)

8241=4103:,66 Hi

95 H14021

127 127%80% 82%'8214% 14%25% 26%

96% 96%112% 114

132% 132%47% 4924 24

46% 47122% 123%

96% 85%65 6661% 62%25% 26%18% 18%

101 103%94% 95%50% 51%

41 41%105% 105%37% 37%

39% 40%80% 82%27% 27%41% 41%

•21% 23193 19339% 4068% 68%

137 138%

39 39106 10828 28

45 4669% 72106% 107

107% 107%68% 64%23% 24120% 121%

48% 49%88% 89%

109% 109%50

166 16544% 48%130% 130%

145 145 145 14598% 96% 95% 95%78 76% 76% 76%

'134% 136 135 135

613417

r<253714%

61% 61%22% 22%38 38%•1% I't•6% 7

613417•3%

•22"•3814

13% 13't

3% "3%

60% 60%•34 ...

19% 19%•2% 2»4

••22 '25"

•36 30 %13% 13%60% 61%22', 22',88% 38%•1% 1%•6% 7%

36% 26%13% 13%

146 1 4896% l>«%74% 74%

•133 135

5034•19%

•3%•22•38•13%•59%22%38%•1%•6%1

2613%

503420%

"iK23371481 H22%38%1%7%1

38%13%

86% 87%

142 14795 9678 76

•133 136

50% 60%

•19%2%3%

30%2%8%

•36•18•6933%37%•1%•0%

87146122%38

^

1%7%

84 84%140% 140%111 11148% 47%89% 90%170% 170%32% 32 't

53% 5539% 40%81 82%26% 2742 42>4

22 26190 19039% 41%67% 68%138 139%

40% 41108% 110%28 28%

45% 46%70 70

107 107%

103 10854 64\24 24%120% 121%

47% 48%89 90%

109% 109%62

164% 16644 46%130% 13j%

86% 87'

147 14794% 94%74% 74%133 185

60% 61%

IS3d13:

18 20•2% 2%•3% 8%22 3236% 88%14 14•69 61•22% 22%37% 38%•1% 1%•6% 7

13% IS

37.850117.887

2,039HHl<M)U86

3i804

Sd',983SIS

63,5113,4653,450nOO

3,62010,386

8004,969690

2,721

Jm. 1, IMI.

LmraM,

106,41896,866

6,275600

2,65611,300

8004,4006,512200

3,700196,870

1,700

16,7209

20,0383,280300250

1,60060,850

147.7133,700

40,42514,9702,807320

4.36177.7986,830

233,37011,410

7017,692

2.1008,670

38,7273.3168,830

70053

3,37034,100

115

2,0407.650300189800200

2,520900200

28085,21710.77086,763

48.73626,630

8,200100

2,03491.1002,7401.700

129,972

23568289330

3,300200123100400

7001.8001,1006.600100SO

800400

8,460

300

ISO JkD. 6S6<aOet 1346 Apr. 737 Feb. 2(;

60 Feh. 2486% Oct. 1216 Jan. 1881 Feb. 583% Jan. 480% Feb. 2.'.

20% Jan. Ill

32% Jan. 1?23 Jan. 2r.

127 Aug.3<140 Mar. 2:^

186 Oct, 2090 Apr. 21101% Feb. 2r.

116% Oct IV1 17 Feh. 2.'.

131% Feb. 21

129 Feb. 2<40 Jan. 438% Ang.2291 Fell. 2541% Feb. I

81 Fell. 2.'.

127% Jan. 218% Aug. 2060 May 1'.

107 Jan. 478% Oct. 1276% Apr. >13 Rept.2S26 Oct. ;i

165 Oct. 2(

44% Jan. 494 Fob. 2f.

197 Jan. (

63 Feb. 2(124 Jan. 4

38% Aug.l)'14 Jan. 1041 Jan. 438% Jan. 4

117 Oct. 1244 June 4

16% Jan. 21;

43 June2279 Feb. 2.1

60 Oct. 2716% Aug. 918 Oct. 1(1

9 Jan. 46 Jan. 7

41 Feb. If77% Sept. a86 Oct. n42 Mar. 2253 May 2(1

36'gOct. I

86 Jan. 2818% Feb. 20

118 Feb. 2.-.

68 Jan. I!

135% Oct. li)

96 Aug. 2341% July 2(1

80% July 27164%Mar. 2.'>

27%AuK.2'.'70 May 1423% July IJ63 Aug.2(i.32% Jan. K!64% Jan. 2523% Jan. &86% Aug. 2297% Jan. 818 Oct. 12

190 Oct. 1727% Jan. 460 Feb. 2.1

127 Jan. 19130 Jan. 735 Oct. 1099% Oct. 2025 % Aug. 2626 Apr. 1

39 Feb. 2886 July 1939 Mar. 2461 Jan. 400 Feb. 2536 Feb. 970 Mar. 888% Jan. 741%Jan. 420 Oct. 29105% Feb. 25185 Oct 1239 Feb. 2577 Feb. 25

RICbMt.

2133175(50

Yew^Um. Hl«k

46 June 2989% Jan. 480 Jan. 16135 Jan. 344 Nov. 4127% Oct. 21

1 Feb. 677 Apr. f

120 Jan. 662% Jan. 861% Jan. 4112 Jan. 4

35 Jan. 330 Oct. 1515% July 15l%Jan. 5% Jan. 4

19 Oct. 1533% J an. 1012%.Sept 763 Jan. 521 Aug. 635 Apr. 27l%July 256% Sept. 17%Oct. 27

35 Oct, 612% Nov. 43% Jan. 111 % Feb. 28

181 Mar 1880 Oct IS7l%Jnly IS48', June 16IM) May 3690 Jan. 1440%June3046 May 33113 Feb. 17l02'aJnnel8SS'^May 1448% Ma/ 1486% May 14isa Jan. S168 Jan. 7lfl2%Jan. 1796 May 17120% June 6140 May 20136 Jan. 19l47%Jan. 17148% May 3188 May 3861 Jan. 22109% Jan. 2408% June 22inl% May 23142 May 1032% May 2077 May 24131 Mar. 9113% June 788 June 14

Aug. 4Aug. 6Aug. 17.Sepl.l 1

121 Sept. 17?.'.0 .May 23106 June 18146% May 2157% May 1930% June 256 Jan. 2766% June 2135% Jau. 2063 Jnuo.3038 Feb. 2148 June 23110% May 18117%Junell.')5 Oct. 2459% May 2624 May 215 May 2193 June 13126 Feb. 14120% Jan. 2064'8Jnue 259 May 2764 May 21114% Jnnel439% June 23131 June 3102 Mar. 211.'.3 Jan. 3130% Feb. 1552', Jan. 1595 Jan. 10190 June 1343% Feb. 290 Jan. 292G Aug. 270 May 2851 Mar. 1788% June 2437% May 2160 Sept. o

128 May 2137% June 10

200 Oct. 1357% June 2274% Oct. 4142 May 17146 June 1080 June 23110% Nov. 450 June 1850% June 377% May 12143% May 2.i

55 June 1481% June 3115% June 2942% .May 4

89% May 2608 Nov. 473% June 1438 May 13131% July 2191% Aug 2460 June 3096 % May 16

100

S7

17M%117118

66%9987%10400%33

ni106'.

9%5068%61%60

22%63%15849%99%

130

81%

1?90%97%36%86%37^108%160183%

14%124%18048%

30448

96%129%26%63110%86%83

935201,9520

773021303%2%29%8375

28%

1210047%122109.30

471552070

20.39%142367'4

60^10530091 <137H

20%43%42%139%3*

17410967%601813%43131130<

49%

39%133128166S127%61%93>-

18833\84%

3867%28%44%103

1813%

112111

74% Feb. 12115% Mar. "

49 Aug.190 Feb. 2162% Feb. IH151 Ian. 32% Apr. IS

94 June 20

163 Oct. 1897% Oct 2677 Oct. 36143 June 18

67 June 743 Jan. 1529% Jan. 48% Feb. 79 Apr. 22

35 May 3738% June 1021%July 775%July 727 Feb. 1745% May 267 Feb. 14

14 Jan. 37 Jan. 836% Feb.13', Oct. 387 Apr. 184 Apr. IS

19',1542%25%336025606730

SO157%26'.,

61%

50602310227%107%

%

106%6443100

38%73H139139

3843

'i3651004079%8847%

113%1804888%

8192H3014763

1484%

12366%56

118

19% 43%38 39^28 391% 30%3% 4H1630 39h9 34%

46 78«»30 34

3 31%11% 26%8 25%to 85

2% ts3% *t

*Tlk«M are tha prices bid and asked—no sale was made at tha Board.

494 THE CHRONICLE. [Vol. XXXin.

Railroad Earnings.—^The latest railroad earnings and tlie

totals from Jan. 1 to latest dates are friven below. The state-

ment includes the gross earnings of. all railroads from whichreturns can be obtained. The columns under the heading" Jan. 1 to latest date" furnish the gross earnings from Jan.1 to, and including, the period mentioned in the secondcolumn:

—Latest earnings reported—, ,—Jan. 1 lo latest date.—.1881.

$541,495

159.1491,752,061335,690

1880.$151,257

158,9761,604,067326,886

WeekorJUo. 1881. 1830.Ala.Ot. Bouthem.Septemb'r- $70,704 $62,187Atoh.ToD. & 8. Fe.Septemb'r. 1.147,000 806,730Bait. &Ohlo Soptemb'r. 1,540,002 1,593.313Bost.&N.Y.Air-L.July* 25,306" 26,184Bur.C.RaD.ifcNo..3dwkOot. 45.786 42,528Cairo & St. Loul8.3dwk Oct. 9,709 11,151Carolin.1 Central August ...

.

43,016 34,499Central Paolflc...8cpteinb'r. 2,293,000 1,964.996 17.141.272 14.283,192Ches, ftOlilo Scptemb'r. 247.144 247.303 2,031.219 2,003,685Chicago & Alton .3(1 wk Oct. 182,733 201,855 6.014,524 6.258,090Chic. Burl, &Q...Aiisu8t ...2,173.915 1,834.321 13,160,850 13,267.569Chie. AEast. m..2dwkOct. 34.034 30.506Chlc.&Q.Trk.Wk.end.Oot. 29 37,532 33,632 .:

Chic. Mil.A St. P.4tliwkOct. 509,000 452,493 13,602,000 10.216,767Chie. & Northw. .October ...2,305,700 2,105,217 17.939,297 16,082,485Chic. St.L&N.O.Aupcust... 257,700 224.737 2,36;t,223 2.070,425Chi.St.P.Min&O..4thwkO0t. 119,118 116.943 3,170,994 2,167,030Chic. & W.Mich. -IstwkAuj; 20.224 14,382 596,406 467,228Cin.Ind.St. L.&C.Scntemb'r. 219.977 243,627 1,696.882 1,765,036Cincinnati South. August.... 225.000 148,437Cln. & Bprin(?t. ..2d wkOot. 24.838 20.277 759.648 734,343CleT.Col.Cln.&1.2dwkOct. 93.628 99,419 3,496,789 3,482,089Clev. Mt.V. &Del.;:d wk Oct. 8.019 7,982 335,76s 316,598Col.&Hock.V.,&c.3d wk Oct. 56,705 48,703Denver & Rio Gr 4th wk Oct. 207.521 152,973 5,006.664 2,709,798DesM.&Ft.Dodije.Sd wk Oot. 8,609 7,393 319.712 247.840Det. Lans. &No..l8twk Aug 24,402 21,908 763,506 683,614Dubaaue&S.City.Sd wkOct. 24,874 27,004 907.421 865,646Eastern ..August 332,000 302.389EaatTenn.V. &G.3 wksOct. 210.124 213.833Flint &PereMar.3dwk Oct. 3'?.793 37.382Gal.Har.& San A. August.... 119.136 122.708Gr't Western.Wk.end Oct. 28 101,195 120,579Gr'nBay & Minn. 1st wk Oct. 8,718 8.371Gult Col. &S. Fe.Septemb'r. 120,196 00,325Hannil)al.feSt. Jo.3d wk Oct. 49,002 50,395 1,773,551 2,001,580Houst.E.&W.Tex.Scptemb'r. 15,078 9,205 10G.539 73.186Houet. & Texas C. 3d wk Sept 83.336 96,163 2.554,922 2,280,371Illinois Cen. (111.). Scptemb'r. 619,669 623,725 4.905.397 4.711,165

Do (Iowa).Scptemb'r. 193,911 178,111 1,349,831 1,256,557llndlanaBl. &W-3d wkOct. 41,306 46,590tnd^Dec. & Sp...Septemli'r. 52.696 44.836 378,381 308,221lnrr&Qt.North..3a wk Oct. 70.787 66.610 2,037,638 1,356,478Iowa Central Soptemb'i-. 101,068 88,551K. C. Ft. S.&Gulf.lstwk Aug 28.506 20,432 838,497 650,934liakeErieA West.SdwkOct. 26,746 26,456 1,113,762 896,302Louisa. & Mo. B..July 41,279 40,537 249,231 248.132LouisV. & Nashv. 3d wk Oot. 226.800 222,400 8,840,651 7,263,119Marq, H. &OnVn.Scptemb'r. 134,742 101,079 '

Memo, &Charl...3d wk Oct. 33.i00 31,469 933,833 839,348Memp, Pad. & No.3d wk Oct. 5,748 5,803 190,693 166,613Mil.L. 8li.&West.4tliwkOct. 19,928 13,839 435,935 324,077Mimi.&St. Loui8.2 wksAug. 58,527 30.061 619,686 413,911tMo, Kan8.&Tcx.3dwkOct. 200.195 159.918 6,170,732 4,659,921Missouri Paciflc .3d wk Oct. 152.971 141,232Mobile* Ohio. ...Scptemb'r. 209,014 181,216 1.621,813 1.470,168Nashv. Ch.&St.L.Septemb'r. 179,979 167.474 1,577,949 1,513,074

1,468,261 1,242,169

4,306,118 4,203,996

N.Y. L. Erie* W. August. ...1,772,895 1,606,874 13,557,369 12,278,914N.Y.&N. EngVd.3d wkOct. 00,059 49,993N. Y. N.H.&Hart.June 488.440 369,116N.Y. Pa. it Ohio..August... 455.032 476,516Horfolk& West...Scptemb'r. 212,863 209,446NorthemCentral. Scptemb'r. 429.565 464,093Northern Paciflo .Scptemb'r. 490,0J6 330,500Ohio & Miss August 338,044 390,997Springf. Div. ..August.... 46,784 50,585

Ohio Southern... ..Sdwk Oct 6.977Oreg'nK.Nav.Co. Scptemb'r. 446.438 389.335Pad. &Elizabetht.2dwkOct. 11,992 9,130

2,676,8603,611,6861,570,3034.030,2502,541,5872,368,562281,388

3,037,435411,260

2,211,5313,331,7141,437,4923,584,1041,729,7022,477,183273,192

2,4'76.6"27

305.805Pennsylvania ....Scptemb'r. 3,735.006 3,647,543 32,879,241 30,254.613PeorlaDec. <feEv.3dwkOct. 13,317 9,860Phlladel. A Erie.. Scptemb'r. 276,522 322.737Phlla.& Reading.Septemb'r. 1,945.874 2,089,256

543,9062,595,067

339,6122,733.766

et.L.Alt.&T.H. ..3d"wk Oct. 24.769Do (brch8).3dwkOct. 13.970

8t.L.IronMt.&8.3dwkOet. 161,219Bt.L. & San Fran.4thwkOct. 97,400St.P.Mlnn.&,Man.4thwkOct. 184,600Scioto Valley SdwkOct. 11,260South Carolina. ..August 81,183Texas &Pacitlc.. Sdwk Oct. 73,730Tol. Delp. & Burl.3d wk Oct. 14,485Union Paciflo .... 1stwk Oct

.

829,113Wab. St.L.&Pao.SdwkOct. 328,000Wisconsin Cent .. Ist wk Sept 28,568

1,117,904589,923

5,699,7142,587,9363,842,091338.894717,712

2,688,525

30,59118,833

152,80392,600

118,2006,697

75,32572,7658 857

584,953 19,950,802 17,204,655403,000 11,421,721 9,892,17420,540

1,146,901551,919

4,705,3952.186 6602,561,929252,281645,305

2,054,996

* 5 per cent basis in 1881 ; 6 per cent in 1880.t Including leased lines. i Including Ohio Division.

TJ. S. Sab-Treasury.—The following table shows the receiptsand payments at the Sub-Treasury in this city, as well as thebalaaces in the same, for each day of the past week:

Beeeipts.

Oot. 29.." 31..

Not. 1.." 2..« 3..

4..

Total 8,653,553 76

•2,082,082 021,223,247 831,124.343 71'1,808.746 521,254,812 661,160,291 02

Payments.

1.201,634 411,025,553 571,529, ()81 141.599,763 441,009,422 011,354,722 83

7.720.780 40

Balances.

Coin.

76,624,578 6776,796,154 8176.710.508 3576.962,027 3377,207.542 2076,937,089 64

Currency.

5,009,028 395,035,146 514.715,452 544.672.916 .59

4.672,822 424,723,843 17

* Includes $1,000,000 gold received from Pliiladolpliia Mint.

Coins.—The following are quotations in gold for various coins:

Boverelgns $4 33Napoleons 3 83

«$4 36.„ J,.

® 3 86XX ReicUmarks. 4 72'2® 4 76I2XQulldcrs 3 95 ® 3 97Bpan'hDoabloong.15 55 8.13 70He^ Doubloons.. 15 55 ®15 60Rnesilver bars .. 1 12389 1 1278Hnegoldbars par i»'4preia.I>uues<b % dimes.— ti9>g» par

Silver >4S and "os. — 99^® par.Five francs — 92 » — 95Mexioac dollars.. — 88 ® — 89Do uncoraraerc'l. — 87 -a — 88'3

English silver 4 70 ® 4 80Prus. silv. tlialers. — 6713a — 69%U. S. irada dollars — 9938 a — 9939U. 3. silver dollars — 99'8 » par.

New York City Banks.—The following statement shows thecondition of the Associated Banks of New York City for theweek ending at the commencement of busine.ss on Oct. 29.

Capita;.

Averate amount »r

Banks. Loans anddiscounts.

Specie. LegalTenders.

ifet iepftother

than U. S.

OircuJa-tion.

New York 2,000,000 8.B1H.OO0 2.828.(t00%

315,000 8.3-<5.000 495,000Manhattan Co... 2,050,000 7274.610 1,210.500 176,500 6.000.600Merchants 2,000.000 6.591.200 888,400 748,700 6,573,500 360,000Mechanics'. 2.000,000 7.60r.00« 1.573.000 321,000 6.714.000Union 1.200,000 4.737.100 885.400 6 I5,BOO 4,117,000America 3,000,000 8.431. ;oo 1.710,300 591,600 0,491,300 1.100Phoonii 1,000,000 3.42O.000 1,010,000 33.000 3.368.000 267,000City 1,000,000

1.000.000o.oai.ooo3.245.200

3,502,1-00

406,500239.00070.400

8,-203,4001.993.200Tradesmen's 79'2,(W6

Fulton 600,000 1.651.800 530.200 175.900 1,578,800Cliemlcal 300,000 13.130,300 2.846,500 333.600 )2, 460,700 ....

Merch'nts' Exch. 1,000,000 3,35:1. 100 118,900 463,800 3,06 ;.30C 731.700Gallatin Nation'! 1,000,000 4.180.100 387,500 60,500 2 022.300 787.500Butcliers'&Drov. 300,000 1.673.100 330.900 52,300 1.313.400 250,900Mechanics' & 'f r. 200,000 1,033,000 140,000 120,000 1,020.000 174.000

2CO.O0O 998,1)00 19.700 171,200 961,500 2,600Leather Man'f 'rs 600,000 2,765,000 400.100 111,900 1,973.800 468.800Seventh WarJ... 300,000 OIO.IOO 18I.8O0 50.900 89l..^00 .'32,900

State of N.Yorli. 800.000 3,382,000 683.200 137,200 3.273.500 40,000American Bxoh.. 5,000,000 13.588.1100 2.32 .'.000 540,000 10.583.000Commerco 5,000,000 14,»51.30( 2.0511.900 5-27.100 7.604.700 1,020.300Broadway 1,000.000 5.229,300 764,000 172,600 3,754,300 889,300

1,000.000 6,034,800 1,182,100 402,500 5.937,-200 796.600423,700

1.500.0002.1(6.4005.021.80C

419,800487,30(,

226,600177,-00

2.550,1002.031,600Republic 1,125.000

III3,275.300!.593.0J(i

2 621.000

403,400140,900191,000

326,40093,500198,000

3.388.'2001.736.6002.512,600

45,1)00

5,100North America.

.

Hanover 1,000,000 7.370.000 826.800 1,004.700 7.080,400 794,'266

Irving 500,000 3.014,3(10 388,200 235,S0O 2.879.500 431,000Metropolitan— 3,000.000 14,765,000 2,909.000 134,00n 11.552,000 2,2.30.000

600,0001,000,000

2.US.S0C3,028.20C

351,100•227,800

235,80071,100

2. J 12,2002.72-2,900

288.700Nassau 3,900Market 500,000

SOO.OOfr

2.9h9,!>0C2.030,700

703,20U830,500

115.10068.900

2,621.2001.078.8IK

450,0008t. Nicholas 149.000

500,000 3.257,00a 715,1100 IIO.WO S.'ioO.OOJ 150,000Corn Bxchange.

.

1,000,OIKJ 4,1 -5.30c 211,000 15-i.OOO 3.013.501 4.600Continental. l,0O0,0;Kl 6,5S3,00C 1,596,200 119.700 6,635,400 763,200Oriental 300,000

400,0001,500,00*,

1.092.7003.103.000

1 8.962, 700

86.000584.000

5.868,800

S7O.O002CJ.O00114,400

1.819.7003.506.00(1

21,624.500Marine 45,000Importers' & Tr.. 1,108,900Park 2,000.000 15.23«.500 4,769,900 526.400 18.SO2.20C 45.000Mech. Bkg. Ass'n 800,000 1,02«.«00 197,600 43.800 793.20(1

North River 240,000 076.400 81.000 1 -22.800 1,081,300Bast River 230,000 1.04T.900 143.700 93.700 842.400 323,800Fourth National. 3.200,000 17.325.30C 3,815.800 519,700 16,673,100 805,200Central Nat 2,000,000 7.790,000 523,000 1.488.000 8.020.000 ;.-214.000

Second Nation'l. 300,000 3,3118.0 )0 639,000 310.000 3.700.000 75,000Ninth National.. 750,000 S.SO.i.SXi 992,600 2 15.90 J 5.487.6M 594,300First National.. 500,000 13.58-2,000 3,313.50' 1 23.90,-) 14.960.000 445,000Third National .. 1,000,000 5.2)5.400 1.24f!.400 2113.800 5,491,9JUN. Y. Nat. Exch.. 800,000 1.493,000 150.500 1'2'2.200 1.153,800 270.000Bowery National 230,000 1.642,700 105,1X10 1S6.OO0 1,503,000 221.900N.Yorlt County.. 200,000 1,474.400 25,90C 521.400 1,933,800 180,000Qerm'n Araeric'n 750,000 2,687,000 443,100 47.8A) 2.349.600Chase National.. 300.000 8,9l'7,700 1,037,300 7S,700 4 439.400 91,600Fifth Avenue...

.

100,000 1,916.300 361,100 158.30 1 2 030 6 ,0

German Bxoh. .. 20 ).000 1.340.300 46,500 174 ,600 1,514,100Qermania 200,000 1.4115,700 63,-00 147.300 1 ,KS2.2'10

U.S.Nat 600,000 4,139,800 1,263.600 35.100 4.558.900 148,400

Total 81,162,700 909.254,50 1 B1,088.10J 15 852,410 2a8.03S,800 19.94S.000

I

The deviations from returns of previous week are as followg :

beans and discounts Dec. |i'2,0"8.noo 1 Net deposits '...loo. tl,39S,500Specie Inc. 2.70.S,700 | Circulation Inc , 29.000Leffal tenders Inc. 443,700 1

The following are the totaLsfor a series of weeks past:Vircuhition. Agg. Clear

t «18,596,000 1078,352,06519.133.300 12I2.«47,63219.3l>l,'200 1198,728.14119,233.300 919,391.80010.'23!.I00 W?S.180.85»19.303.300 1019.213.09119,141.300 93).507,15«

Loans. Specie1881. » (

May 14. ...317,730,900 76.887,700" 21.... 3-24, 192,800 80,318.500" 23. .. .332,023,700 79.131,8)0

June 4....341.091,900 76,05-2,10311 ...-147,494,900 76,9;)2,80018....346.560.801 75,611,000

..84.5,4<J0,7ii0 75,091,I50J

..8.50,491.100 78.413.800

..333,838,800 77.7-28,350

..348.741,400 81,916,900

..849,240,500 81,401,400

..349,188,403"

^

,,350.62 4,.8O0

13. ...331,031,700

July85..2 ,

9.," 16." 23.'• 80.

Aug. 6.

Sept,27..3..10.

17.,21.1.

8.,1522..29..

..849,54-2,800, .343,369,600..837,20 5,200..834,091,91)0..3;13.8'2.3.800

...332,672,300,..330.497,400..3-28.12J,9M

81,013,40078.51(1.90071.811,10067,138,40062,151,400e3.8l:',SO061,801.70063.070.70364.984.40059,843,'iOO58,334,100

L. Tenders. Deposits.t *

17,134.103 318,818,40017,873.000 328.611.70018.633.800 333,132.8001,8,323,300 330.5H.6)01,*,313,SOO 343,643.20018,474,300 344,307.60018,092,900 313,840,80017,112,300 346,461,10018,234.300 S4«,8rl,0:>017,038,70!) 331,199,50018,753,009 832 833,80310.931,80016,080,00015,937,00013.842.80016,810,90015,617.9)013,(176,10014,531,800

351,757,900317,312,700842.72-i.40O334,793,600323.721,300313,937.200314,838,200316,749.500

.318.343.900 61.K07.-200

.311,318.500 53,339,400

.30:),254,500 61.088,100

15,057,200 814,817.30014,730.800 303.513,10014,838,300 213,897,90015,174,500 2»'0,018,30015.203,700 236,643,30015,832.400 288,033,800

19,178,300 914.724,59719,149,'200 831.848.90219,131,300 844,816.88119,183,300 931,014.13519.213,900 932,783,32819,380,603 847,03,-.61219.486.030 633.04S.77419,386,000 823.491.35319.593,900 833,367,41219,6S3,2.)0 837,4'.S.2«419,7j'2,200 639,907,97919,733,800 923,118,46019,785,200 773,401,69619,8.39,100 758,153,03219,367,100 1154,052,48819,898,100 973,722.71719,919.000 933,850,12519,943,000 881.1-34,24»

Boston Banks.banks for a series

1881.July 18..

•' 25..Aug. 1..

•• 8.." 16.." 23.." 29..

Sept. 5..- 13.." 19..

Oot.

Loans.*

183,121.500163,-43,500184,284,800165,363,500165,169,500168,1 10,700164,503.30018'2,405,700161.153,000158,845.500157,215,700157,448,100158.130,700155,431,600154.130.300151,270,800

—The following are the totals of the Bostonof weeks past :

Specie. L. Tenders. Deposits.' Circulation. Am. Cleart t i * t

9,818,100 3,309,300 114,0,38,000 31,071,600 91.686,46310,343.300 3,704,200 114,638,900 31,'228,100 83,524,37710,633.000 3.797,700 113.853.900 31,370.000 7K,230,45«10,192,400 3.3 8,700 114.451.400 31,491.900 80,883,0549,133.600 .3,118,000 111,853,400 31,439,100 75,885,9998,71-3,500 3,133,800 110,450,000 81,82-*.500 80,189,2508,800,700 8.259,800 108,861.1100 31,671,500 74,393,!»8S7,954,400 3.059,300 103.886,500 31,658,600 78.460,6317,3 15,600 3,041.100 102.409,300 31,528,200 68,820,1148,731,300 3.160.700 99,84'..400 31,635,300 82.209,1708.9):,400 3,207,900 08,895.700 31.891.900 74,178,»687,371,1)00 3,160.500 100,689,700 31,719,800 6».910,4«7.438.900 3.451,400 99.801.-200 31,828,000 97.(84,38*8,765,500 3.231.900 93.846.100 81,344.600 90.430.3SS8.714.300 3.434.H0O 90,932,200 31,496,100 89,')8S.S»06,848,300 4,060,400 9(1,348.300 31,871,600 82,097,833

* Inoludlnff the Item " due to other banks."

Philadelphia Banks,are as follows:

Loans. L. Tenders. Deposits.18R1. * * *

July 18 77.384.707 22.813.165 75,l:{6,734" 23 77,748,554 22,604,804 74,510.055

Aug. 1 78,897,a82 22,3811,929 78.008.3008 73.800,948 23,41)8,1100 74,810,237

" 15 79.014,458 21,917.747 74.004,327" 23 79,149.422 21.433.972 73.508.3c3'- 29 79,999,123 20,8-(0,392 73,107,807

Sept. 5 80.431.769 20.(177.783 73.183,221" 12 81,192.498 20.003,086 73,049,893" 19... 80.631.493 18.933.605 72.361.896•• 28 79.331.538 13.443.751 70,450,9:J6

Oot. 8 78.838,'27H 19,011.031 71,618.343•• 10 73.612.851 17.967.681. 69.120.943" 17 78,303.283 17.509.952 89,162,411" 34 77.433,364 18.638,105 6-<„380.!ifl7

" 31 76,675,853 16,773,582 07.008,773

-The totals of the Philadelphia banks

Circulation.*

10.283,77110,333,53710.370,8*410,-)02.0S310,515,47810,593,4'2310,)33,»ri10.667,73510,345,12610,n03,16110,943,59510,071,83511,013,32511,027.183ii.ioa.s3-i11,09».!43

Ago. Clear

50.750..SS64'J.938.80646,443,93751,846,75941,018.7i»548,449,13647.883,48348.8«4,67243,790,58853.8-25.93953 818.32044,834,79560,709.08852.488.16755.C19.71348,85''.774

I

NoTBMPvn S, 188t.] THE CflRONICLB. 495

GENEHAL QUOTATIONS OK STOCKS AND BONDS.QiintKttimiilaNaw York roproiont lUe poroout valuo, wli;ttovor tbn pur mk/ l>«: ollior qiiotatlonn »rs fr« luanlljr nikla p«r shar*.

TUofi>llowlnK»l»brovl»tloa» are often lusil, Tli " M.," for mortKaffa; " «.," for ({old ;" K'd," for Kuaraateed ; "and.," for ea4orM4;

for ooiisollilated ; " ooiiv.," for convertible ;" i. f.," for Kinking fund :

" 1. g.," for land grant,

(juutationa In Now York iiro to Tlniradiiy ; from otlicr oUIch, to Into mall dntoa.

Snbacrlbera will conftr a fkirar bf Kirinx nullce of anr error dlacovared lo thaae Qnotatloaa.

UNrrso Staivs Bonm.

VNITKD STATKN BONDS.08. IKSl.coiilliiucaiit:!'* rrif. ...lAJ

88. 18K1 do do roK...Q-H«H, fiinddd. 1881 ro({...Q-K

Bid.

101101^8

112'.1,1

ilU:ia30130 >«

131133183

U58110338

•JO

1!>

10

103

4'«8, 1891 roR.iias, isyi ooup.4«, liK)7 reK.*», 11>07 ooup.68, Currency, 189!V reR.On, Cunimcy, 189fi rcK.6«. Currency. 1897 ro(r J&J6«, Currincy. 18118 rcK I&JGs. Curreiuv. 18!t(l rcK JAJFUKKKiN IJOV. SKCVHIT'S.Quub.'i'-.'-.a. li)08 M&N

8T.\TK NKCITKITIES.Aliibaui;i-Cla«a "A," J to 5, 1906...

do HmallCla«s"B." ."is, 1906CluKa"C," 48, 190668, 10'20, 1900 J & J

Arkansas—6h, funded, 1899 ..J <Sc J78, I,. K.AKt. 8. issue, 1900.A&O7s, MumtihlaA UR., 1899. .A &078. U K. P. H. & N. O., 1900. . A & O78.Mi«a.O. & R. Riv.,1900..A&O7a, A Ik. Central RR.. 1900.A & O78. Levee of 1871,1900 J &J

CaliXonilii—6a, 1871Conneeticut—68, 1883^-5Delaware—68 J JitJ'

Florida—(Jonaol. gold 68 J & JGeorgia—6a, 1830-86 F&A

"78, new bonda, 1886 J & J78, endorsed, 188678, Kold bonds, 1890 Q—

J

88, '76, '86 A * OKane.xs-78, long J&JLouisiana—New con. 78, 1914..J<icJ

78, siriall bondsMaine—49, 1883 F&A

, ,

War debts assumed, 6s,'89.A& 01 ll'''9

War loan, (ia. 1883 M«Si8 l<''-%

Maryland—Gs, defense, 1883.. J&J ^Oo6a,exeuii)t. 1887 J&JJIOS68, Hospital, 1882-87 J&J 1086«, 1890 Q_j:108Ss, 188O-'90 CJ-J

'""

Hassaohusetta—58, 1S83, gold .J&J I

Ss, gold, 1890 A&O68, gold, 1894 Var.l68, g., sterling, 1891.-. J&Jdo do 1894 M&N;do do 1888 A&O;

Mlclilgan—68, 1883 J & J78, 1890 M&N

Minnesota—7a, RR. repudiatedMissouri—Oa, 1880 J & JFuiulin^ bonda, 1894-95 J&JliOng bonds. '89-90 J &JAaylumor University, 1892.J & JHannibal & St. Jo., 1886. . . .J & J

do do 1887....J & JN. Hampshire—5s, 1892 J&JWar loan, Gs, 1 892-1894 J& J

I

War loan, 6s, 1901-1905 J & JWar loan, Gs 1884 M&S

New Jersey—6a, 1897-1902....J&J6s, exempt, 1896 J&J'

Now Y'ork—Gs, gold, reg., '87...J&J6«, gold, coup., 1887 J&J68. gold, 1883 J & J68, gold, 1891 J & J68, gold, 1892 A&O68, gold, 1893 A&O

N. Carolina-68, old, 1886-';)8..J&J68, old A &068, N C. KR., 1883-5 J & JOa, do A&O68, do coup. off. J&J6s, do coup, olf A&O6e, Funding act of 1866 1900J&J6i, do 1868,1898A&068, new bonds, 1892-8 J&J68, do A&O68, Cbatham RB A&O6s, special tax, class l,1898-9A&uCs, do class 2 A&O68, do olassS A&O48, new, 1910 J & J4a, new, small

OI1I0-G3.I88I j&j68,1886 J & J

Pennsylvania—58, g, '77-'78..F&A»6s, cur., reg., 1877-'82 F&A58, new, re.;., 1892-1902 F&A6s. 10-15, reg., 1877-'82 F&A68, l.i.25, reg., 1882-'92 F&A

Rhode lal'd—Gs, 1893-9, coup..J&JSouth Carolina—Gs, Act of March 1

23. 18G0. Non-fundable, 1888.. {Browne consols

Tenuessoe—Gs, old, 1890-98 ..J&J68, new bonds, 1892-1900 ..J&J88, now series, 1914 J & JPaat-due coupons

Tejcas—6a, 1392 M&St78, sold, 1892-1910 M&8I7s, Kold. 1904 J &Jt

Vermont—Gs, 1890 J&DVirginia—68, old, 188G-'95....J & J6e, new bonda, 1886-1895...J & J6s, conaol., 1905 J & J6s, do ex-couD., 1905...J & J08. conaol., 2d series J & J68. deferred bonds...10-lOa, now..

95lOGU'JiimIIG10811569G'.;ifl

103

100103um115%lOS10810310412090103113IIOI3112107%108111I19is129104

Ask. Btatr Sbouritiiis.

so

84

108

102

120

112

110110105120I'Jl

1224240401401'20

120161621i'a2'?is

10lOk10

no113120130105

111

101'111

12%10169 Hi

69146914

110120125

3838117811020''9

3I

Ta!t-rer.eivable ooupona '.'.'.........I 93

CITY HECllRITIBS.101 >4 Albany, N. Y.—Gs, long....Varloaal102 78 long I

Allegheny, Pa.—4a J&JlaU 6a. 1876-'90 J4J'

113"* Wharf 78, 1880 J&Jmi's Allegheny Co., 6a J&J116% Atlanta, U».—7a

l>o. 88Waterworks

Augusta, Me.—68, 1887, mun..F&AIAugusta. Oa^78 VariousAustin, Texas—10sBaltimore—68, City Hall, 1884 O—

J

Gs, Pitts. & Con'v. RR.,1886. . J&J6s. consol., 1800 Q—

J

6s, Rait. & O. loan, 1890 Q—

J

68, Park, 1890 Q—

M

Oa. bounty, 1893 M&P68, do exempt, 1893... H& 858, funding, 1894 M&N6s, 1900 J&J6s, West. Md. RR., 1902 ....J&J58, consOi, 1885 Q—

J

31 6s, Valley BR., 1886 A&O31 58, new 1916 M&N20>« Bangor, Me.—6s.RR..1890-'94.Var.l15 6s, water. 1905 J&JI

6s, E.& N.A. Railroad, 1894. .J&JI68, B. & Piscataquis RB..'99.A&OI

Bath, Me.—68, railroad aid Var I

5s, 1897. municipalBelfast, Me.—Gs, railroad aid. '98.. 1

Boston.Mass.-Os,eur,long,1905Var168, currency. 1894 Var.5s, gold, 1905 Var.l

114 49, currency, 1899 J&J120 Brooklyn, N.V.—78, '81-83....J & J69% 78, 1883-95 J & J

7s, Park, 19ir>-18 J & J104 7s, Water, 1003 J & J116 78, Bridge, 1915 J & JIO3I4 69, Water, 1899-1909 J & J106 68, Park, 1900-1924 J&J

Kings Co. 78, 1882-'89 M&Ndo 6s, 1880-'86 M&N

Bnflalo. N. Y.—7s, 1880-'95....Var.7s. water, long Var.t

104 63, Park, 1920 M&SI113>2 Cambiidgc, Mivss.—5s, 1889. ..A&OI116 Gs, 1801-90. water loan J&JI110 08,1904, city bonds J&J110 Charleston, B.C.—68,8t'k,'7G-98..Q-J105 7s, Are loan bonds, 1890. ...J&J

7s, nontax bonds48. non-taxable

Clielsea. Mass.—Gs, '97,water l.F&AtChicago. 111.—78, water bonds, 1892

7s, water bonds. 18957s, city bonds, 180278, citv bonds. 18054 »ss, city bonds, 1900Cook Co. 7s, 1892Cook Co. t>B, 1899CookCo. 4>ts, 1900 107>4West Chicago 58. 1890Lincoln Park 78, 1895West Park 78. 1891South Park 6s. 1899 108'

Cincinnati, O.—Gs, long.. Var.l6s, short Var.l7-308 Var.l78 Long I

Southern RR. 7-308.1902 ...J&J 130do 7-30a, 1906 130do 6s, g. , 1906 M&JJ I 1 20do Cur. 63, 1909....F&A t 120do 8kg. fd. 58, 1930M&N t

do 4s J&DHamilton Co., O., Os t

do 78, short I

do long 7s & 7-308. t1 '20

Cleveland, O.—68. long VariousI 108Special 78. 1879-'89 Yearly I

Columbus, Ga.—78, Various Var. 90Covington. Ky.—7-30s, long I

7-308, short )

88 1

1014 Dallas, Texas—8s, 1904 10590 108,1883-96 10383 Dayton. O.—68 1890 1

Detroit, Mich.—7s, long Var.l79, water, long Var.l

District of Coluinhiiv

—

Consol. 3-G5S, 192 1, coup. . . . F&AConsol. 3-659, 1924, regB'unding53, 1899 J&JI

do small J&JIdo registered J&Jt

Perm. imp. Os, guar., 1891. ..J&JIPerm. imp. 7s. 1891 J&JIWash.-Fund.loan(Cong.)6s,g.,'92lFimd. loan ( Log. )G8,g., 1902 Varl

Elizabeth, N. J.—7s, short7s, funded. 1880-1905 Var.78, consol., 1883-98 A407s 1905

Fau'Rlver', Mms.—Oei 1904 .'

.'.FA A.i

5s, 1894, gold F&A I

Fitchbure.Mass.-6s.'91,W.L..J&JIFredericksburg, Va.—79 M&NGalveston, Tex.—10a, '80-'95 ..Var.Qalvoafn County,10s. 1901.J & J

Hartford, Ct.—City Os, var. dates..

<

Capitol, untax. 68 1

riartfoid Town IWis. untax I

Haverhill, M.aaa.—68, '85-89.. A&OIiHouston. Tox.— IPs

Bid. Aak.

103120

110118110

113122

tod's110no10510911611611512012411613013010410912II4113118113113101103103128123118103%103no14213914013012910610310211510910312012470eo102761201221s126!22>a126IO7I4

1221s

107113120108111117117117

118139

10913

114119114115lOlVj1051041301231a118111101110130145142143132133114115114120111110122126

CiTT •OimiTIU.

Houston, Tex.—(Coottnoad).—6a, hindsd.

122123126%

126%107%123109%1031071s1091a116109

119

13

10670

70

112125130

21is5405

105114

107107110110110116121116125424242421241s

ui'11295

106123104108

Bid.

30(10107113109107101107108•120>t

119no100102lot118106121100119100 >9

03104117<a403535456097108118556080100100

134134123123

105

100

120

115113

11712511712746464646125

lis"

109

100128

Indlanaiiolla, tnd.—7-308,'03-00.J&JJersey C\ty~Oi>. water, long, 1895..

78, water, 1809-1902 J&J7«, linproTcnient, 18gi-'tf4 Var,7a, Bergon, long J & JHudson County, fla A40

do 7a.H&8andJ&DRayonno Cltr. 7a, long J&J

,rdwronr«, Maaa.—«a, 1804. ..A& Ollx)fiK IsIandClty, N.Y—W»ter,7a.'95l/inlavllle, Ky.—7a, long datea . Var.l7a, short datea Varl68, long Var.l68, abort Var.l.•is

Lowell, Maaa.—6a,1890, W. L.M&Nir.,ynehburg, Vs.—Oa J & J88 J & J

Lynn, Maaa.—Oa, 1887 F&AIWater loan, 68,1804-96 J&J58,1882 M&NI

Macon, Oa.—7a .'.

Manchester, N.H.-5a, 1883-'85J&J I

6.8, 1894 J&JIMemphis, Tonn.—6a, C J&J09, A & B J&J68, gold, fund., 1900 M&N6s. end., M. * C. RR68, consola J&J

Milwaukee, Wla.—5a, 1891 . . . J * Dl78, 1896-1901 Var.t78, water, 1902 J&JI

Mobile, Ala.-3-l-58, funded. .M&NMontgomery, Ala.—New Sa . .J & J

.'Sa, newNashville, Tenn.—6s, old63, new

Newark—68, long Var.l 1067s, loug V8r.l|1207s. water, long Var.l

New Bedroi-il.M.'i.as.—68, 1900. A&OI5a, 1900, Water I>oan A.&O

N. Bruuswiok, N. J.—78 1

Os I

Newburyport, Masa.—6a, 1890.J&JINew Orlci»n8, La.—Premium bonds.Consolidated 6s, 1892 Var.

Newport—Water bondsN.Y.City--58, water 8tock,'90.Q—F

I

68, do 1883-90.....Q—F63, aqueduct etock, '84-1911.-Q—F7a. pipes and mains. 1900. .M&N63, reservoir bonda, 1907-'11.Q—

P

58, Cent. Park bonds, 1 89 3 ...Q -FOs. do 1895...Q—

F

7s, dock Iwnds, 1901 M&N6s, do 1905 .M&N7s, market stock, 1894-97. .M&N68, improvem't stock, 1839-M & N78, do 1890 ...M&N68, gold, cons, bonds, 1901.M&N;Gs, street Impr. stock, 1883.M & N78, do do 1882.M&NGa, gold, new consol., 18967a. Westchester Co.. 1891

Newton-Gs, 1905, water loan..J&J58, 1905, water loan J&J

Norfolk.Va.—6s,reg.8tk,'78-85 . .J&J8s, coup., 1890-93 Var.8s, water, 1901 M&N

Norwich. Ct.—5a, 1907 A&OI78,1905 J.&J

Orange, N. J.—78, long I

Oswego, N. Y.-78, 1837-8-9 1

Paterson, N. J.—78, long Vai6a, long58, long

Petersburg, Va.—68 J&J8s .: J&J8s, special tax

PhilaifclpUla, Pa.—Sa, reg J&J68, old, reg JitJ6a, new, reg., due 1895 &over.J&J43, new

Pittsburg. Pa.—4s, coiip.,1913..J&J58, reg. and coup., 1913 J&J.78, water,reg.&op.,'93-'98...A&07a, street imp.. Ton, '83-86— Var

Portland, Me.—68,Mun., 1895. Var.lGa. railroad aid, 1907 MAS

Portsmouth, N.H.—68, '93,RR. J&J I

Poughkoepsle. N. Y.—78, water .... 1

Providence, RL—5s,g.,1900-5.J*J I

63, gold, 1900, water loan...J & J68. 1885 M& 81

Richmond, Va.—68 J&J88 J * J58 .. .............•••-•-•..•••.••.

Rocii'estiBrVN.Y'.^-^'""..'.".'. Var.79. water. 1903 J & Jt

Rockland, Me.-6a.'89-99,BE..F&A 100iU Joseph, Mo.—78 Var. 80Bridge 10a. 1891 J* J 80

Jt. Louta, Mo.—6a, abort Var.l

Water 68, gold, 1890 J &DIdo do (new). 1802.A&O

Bridge approach, 6aRenewal, gold, Os Var.Bewer. 6s,gold, 1891 '93 Var.St.U Co.—Park, 6a. g..1905. .A A OCurrency, 78, 1887-'83 Var.

it. Paul. Hlnn.- 6a, 'BS-'OO. . J * g 10378,1890...; MAN 1108s, 1989«6 Var fJ

ialein, Maaa.—«8. long. W. L.. A&O I 1211901. W. L J.Ut 113

85

ioii"*uslit108ior>

100llOls121120121113112106tootio

12211012010110510611850

100

12512811610810311372801141s103104106128120109118123122126107114

109

'

104121109129117103118131113128no117109104102117118

5365S5110110112125

136"'

118no1051157485115109115120130122no119130123127108116

iio"'107123no130119

135115132112

118no105

121

128 >s

126>sno116118114120noi*123106n2>*128104

120116

117"130108

lii"107

100 ««

108115

126115

-' Frioe nomii al ; no late tranaaotlona. t Purchaser alao paya aoorued iuteceau In Loadou.

496 THE CHRONICLE. [Vol. IXXia.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Cootixukd.For Explanations See Notes at Head of First PaK* of ((aotatlons.

OlTT SECDRITIB8. Bid.

U2-1tl301115t.

tll6»fl

9511011171141011115

105>9

;114

105125

8. Francisco- 78, f;.,City& Co..Var. ......

8ikvanuali funded 58. consols 85aomerville, Mass.—5b, 1895..Ac5tO:tlOS

68, 1885. J*J }"SJ«6>«8,1884 A&OUOTHi

Sprinilleld, Mass.—68, 1905..A&O78, 1903, water loan A&O

Toledo, O.—7-30s, KR., 1900.M & N8s Var.88, water, 1893 & '94 Var.

Washington, D.C.—See Dist. of Col.

WilmluKton, N.C.—6888, gold, con. on

Worcester, Mass.—68, 1892. ..A*058,1905 A&O4s, 1905 A&O

Tenkers. N. Y.—Water. 1903..RAILKOAD BONDS^

AJa.Ceat.—l8t M.,68, 1918....J&JIncome Oe, 1918 J&J

Ala. Ot. Soutliern— Ist mort., 1908Alb'y & Susq.—Ist M., 7s, '88..JiU2d mortgage, 7s, 1885 A&OConsol. mort., 78, 190e,gii«r.A&O

Allegh. Val.—Oen. M.,73-10s..J&JEast, exten. M., 78, 1910....A&OIncome, 78, end., 1894 A&O

AtcU'n & Neb.-l8t,78, 1907. .M&8Atcli.& Pike'sPeak-l8t.78, g.M&NA.toti.Top.&S.F.—l8t,78,g.,'99.J&JLand grant, 7s, g., 1902 A&O2d mort., 78, g., 1903, conv. A&OLand income, 8a J&JGuaranteed 78, 1909-. J&J&A&O5s, 190058, plain bonds. 19204>3S, 1920 A&OFlorence& El Dor'do, l8t.78.AAOK.C.Topeka&W., Ist M.,7s,g.J&J

do income 78.A&ON.Mex.&9o.Pac.,lst,78,1909 A&OPleas't Hill &De Soto, l8t.7s,1007Pueblo & Ark. v., 1st, 78, g.,1903.Wicliita&S.W.,l8t,78,g.,gua..l902

Atlanta & Charlotte Air t., Ist, 78Income. 68

Atlantic & Pac, 1st 68, 1910. . .J&JBaltimore & Ohio—68, 1885..A&OSterling, 5a, 1927 J.tDSterling, Cs, 1895 M&SSterling mort., 6s, g., 1902. .M&."3

do 68, g., 1910. M&NParkersburg Br., 6a, 1919. ..A&O

Bait. & Pot'c—l8t, 6s, g., 1911.J&J1st, tunnel, 6a, g.,g'o, 1911.A&O

BelvidereDel.—l8t,6s,c.,1902.J&I)2dmort., 68, 1885 M&S3d mort., 6s, 1887 F&A

Boston & Albany—78, 1892-5.F&A68,1895 J&J

Bost.Clint.& F —Ist M..,68, '84,J&JIst M., 78, 1889-90 J&JN. Bedford RR., 78, 1894....J&JEquipment, 6a, 1885 F&AFram gliam & Lowell—1st, 53, '91

Notes, Sa, 1883BostCono.&Mon.—S.P.,6s,'89.J&.lConsol. mort., 78, 1893 A&O

Bost. Hart.& E.—1st, 78, 1900.J&J1st mort., 7a, guar J&J

Boston& Lowell— 78, '92 A&O68,1896 J&JNew 58, 1899 J&J

Boston & Maine—7s. 1893-94. J&JBost. & Providence—7s, 1893.J&JB08t.& Revere B'h—lat,68,'97.J&JBrooklyn Elevated—BondsBuff. Brad.& P.—Gen.M.78,'96.J&JBuff.N.Y.&Erie-lst. 78. 1916.J&r)Buff.N.Y.& Phil.-1st, 68,g.,'96.J&J

Ask.

901121071081a128135

Railroad Bonds.

105120118115105120

90116

106

;i2652>s

117>s1106121tll8»a113311041181019492%1131120112117112U18tll410891>2

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106 >4

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1126%(11512101HOD'S1112102193

10810310260

96

2d mortgage, 7s, g.Bur. C. R.& N.—l8t.5a,new.'06.J&DBur.&Southw.—Ist M., 8s,'95.M&NCairo & St.L.—1st M., 7s, 1901.A&OCairo & Viuceunes, 1909OaUfor. Pac—Ist M., 78, g., '89.J&J2d M.. 68, g.,end C. Pac, '89.J&J3d M. (guar. C. P.), 6s, 1905.J&Jdo do 33, 1905.J&J

Camden & Atl.—lst,7s, g.,'93..J&JCam.& Bur. Co.—Ist M., 6s,'97.F&ACanada So.—Ist M..guar.,1908,J&JCarolina Cent.—lst,63,g., 1920.J&JCatawissiir-lst M.,7s, 1882. .F&ANew mort., 78, 1900 F&A

Cedar P. & Min.—Ist, 78, 1907.J&JCedar B. & Mo.—Ist, 78, '91 . . . F&A1st mort., 78, 1916 M&N

Cent. Br. U. Pac.,l8t«,68,'95.M&NFund, coupon 78, 1895 MA NAtch'n Col. & P. Ists, 68, 1905 QAtch.Jew'lCo.&W.lst8,68,1905r

Cent, of Ga.—Ist. cons., 78, '93.J&,Macon & Aug., 2d,end.,78,'79.J&J

Cent. Iowa—New lat., 78 , '99.J&JInc. bonds," debt certs.", 78,A&O

Central of N. J.—1st M.,7a,'90.F&A7b, conv, 1902, assented M&NConsol. M.,78,1899, assented.Q—

J

A^ustment bonds, 1903Income bonds, 1908 M&NAm. Dock & Imp. Co., 7s,'86 J&J

do assentedLeh.& Wilke8b.Coal,luc.,'88.M&NConaol.,78,gold,1900,a8a'd.Q-M

Cent. Ohio—Ist M., 68, 1890..M&SCent. Paciflo—l8t,68,g.,'95-98.J&JBtate Aid, 78, g., 1884 J&JS.Joaquin, l8tM.,6s,g.l900.A&O 107iaCal. & Oregon, Ist, 6s, g.,'88.J&J 104Csl.A Or. C.P.bonds, 68,g.,'92 J &J J lOSLand grant M., 68, g., 1890.A&O 105West. Paclf., lat. «a. e.. '99. J&jl 110

10712U1803 13

H21ia1113104U271126'al!6>a65100125101110IOII460

12m19137105llSiflIOII994I393114122U4II7I2114II8I3II4I21091a921a101107 14109115119127

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136181361890109108115

101%

97

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120

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106101

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109

110

Charl'teCol.&A.—Con8.,78,"95.J&J2d mort., 78, 1910 J*J

Cheraw & Darl.—Ist M.,88,'88.A&02d mort., 7s

Ches. & Ohio—Pur. money fd.,1898Series A, 190368, gold, series B, int. def. 1908..68, currency, int. deferred. 1918.

Cheshire—68, 1896-93 J&JChic. & Alton—Ist M., 78, '93..J&JSterling mort., 6s, g., 1903..J&JIncome, 78, 1883 A&OBda. Kan. C. line,68,g.,1903.M&NMiss.Rlv.Bridge, l8t.,8.f.,68,1912Joliet & Chic, Ist M., 88,'82.. J&.ILouis'a& Mo.R., Ist, 7s,1900F&A

do 2d,78,1900MvV;NSt.L.Jack8'v.& C, l8t,7s,'94.A&O

do lstKuar.(564),7s,'94A&0do 2d M. (360), 7s, '98.J&Jdo 2d guar.( 188) 7s,'93.J&J

Chic. B. & Q.—1st, S.F.,8s, '83.J&JConsol. mort., 7s, 1903 J&JBonds, 58, 1895 J&U58,1901 A&O48,1919 ;

Bur. & Mo. R., I'd M., 78,'93.A&0do Conv. 8s.'94 ser.J&J

Bur.&Mo.(Neb.),lBt,6a,1918.J&Jdo Cons, 6s, non-ex..J&Jdo 4sdo Neb.RR,l8t,7s,A&0do Om.&S.W.,lst,8a,J&D

Diron Peo.& H.,lst, 88,'74-89J&JOtt. 08W.& Fox R.. M.,8s,'90.J&JQuincy& Wars'w, 1st, 8s, '90.J&J

Chic. & Can. So.—Ist, 78, 1902 A&CChic. C. Dub & Minn.—7s, 1910 J&JChic. & East 111.—Skg. fd., cur. 190'Income bonds, 1907

Chic. & Gr. Trunk- 1st mort., 1900Chic. & Iowa—2d M., 8s, 1901.J&JChic ra& Neb.—l8tM.,78,'92F&AChlc.& Mich. L.Sh.—l8t, 83,'89.M&SChic. Mil. & St. Paul—Pac. Div., l8t, M., 88, 1898. F&AP. D., 2d M., 7 3-lOs, 1898..F&ASt. P.&Chic, 78, g., 1902....J&JMil. & St. P.. 2d M., 7s, 1884.A&OLa. C, IstM., 78,1893 J&JI. &M.. IstM., 7s, 1897 J&JI'a. & Dak., Ist M., 78, 1899.J&JHiist. & Dak., l3t M.,78, 1910.J&JChic. & MU., Ist M.,7s, 1903.J&JIst mort., consol., 73, 1905..J&JIst M., I. & D. Ext., 7s, 1908J&JIst M.,68, S'tliwe-at Div.l909J&J1st M., 58. La C. & Dav. 1910J&J80. Minn. Ist 6a, 1910 J&JChic. & Pac. Div. Os, 1910...

do West. Div., 58,1921.J&JMineral Pt. Div., 5s, 1910.. .J&J

Chic.&N.W-Sink.f.,lst,73,'85F&AInterest mort., 78, 1833 M&NConsol. mort., 7s, 1915 O—

F

Exten. mort., 78, 1885 F&AIst mort., 78, 1885 F&AConsol., gold, 78, cp., 1902..J&D

do do regSinking fund, 6s, '79, 1929. A&O

do do reg.

.

Iowa Mid., Ist M., 88, 1900. A&OGal. & Chic, ext., 1st, 73,'82.F&APeninsula, 1st, conv., 7s,'98.M&SCliic & Mil., Ist M., 78, '98. .J&J

Chic.R.I.&Pac—6s, 1917,ooup.J&J68, 1917, reg J&JChic.& S. W..lst,7s,guar.,'99.M&N

Chic St. L.&N.0.—l8t con. 1897,782d mort 6s, 1907 J&DTen. lien, 78, 1897 M&.VMiss. Cen.,lst M.,7s,'74-84.M&N

do 2d mort., 83 ...

N.O.Jaok.&Gt. N.,lst.,88.'86.J&Jdo 2d M.,83,'90,ctt8.A&0do 2dmort.debt A&O

ChlcSt.P.Min.&Om.—Con. 6s, 1930Cli.St.P.&Minn. l8t,63,19l8M&NLand grant, inc., 6s, 1898M&N

North VViac, lat 68, 1930. ..J&JSt. Paul&i.Clty, 1st 6a,1919.A&0

Chic & Tomah.—Scrip, 1905.Cin. Ham. & Dayt.- 2d, 7s, '85 J&JConsol. mort., 78, 1905 A&O

do 68, 1905 A&OCin. H. & I., 1st M., 78, 1903.J&J

Cin. I. St. L. & Chic—Con. 63, 1920Cin.& Indiana, Ist M.,7a.'92.J&D

di 2d M.. 7s.'82-87.J&.lIndiauapolia C. & L., 78 of '97Ind'apolia & Cin., l8t,7s,'8S.A&0

Cin. Laf.& Cti.— lat, 7s,g.,1901.M&3Cin. Rich. &Cliic—Ist. 78, '95.J&JCin. Rich. & F. W.—lat, 7a, g. . .J&DCin. Sand'ky & CI.—O3, 1900. .F&A78, 1887 extended M&SC0C80I. mort., 7s, 1890 J&D

Cln.&Sp.—7s, C.C.C.& t, 1901.A&O78, guar.. L.S.& !«.8., 1901.. A&O

Clev. Col. C. & I.—1st, 7s, '99. M&NConsol. mort., 78, 1914 J&DBelief. & tiid. M., 7s, 1899...JAJ

Clev.&M. Val.—Ist, 78, g., '93.F&A8. P. 2d mort., 7a, 1876 M&S

Clev. & Pitts.—4th M., 6a, 1892.J&JConaol. 8. P., 78, 1900 M&N

C.C.& I.e.—l8toona.,78,l903.A&02d mort.. 78, 1909 F&.\Trust Co. cert., lat, aaa'd

do do Bupplementary..Income 7a, 1890Chic. & Gt. East., Ist. 7a,'93-'95f^>l.& Ind. 0., lat M., 7a, 190 l..l,fe.]

109102116104

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110

84%57110126119104

114

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10010395

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120

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94

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C. C. & I. C- (Continued).—C0I.& Ind.C, 2d M.7a,1904.M&NUn.& Logan8p.,l8t, 78, 1905.A&OT. Logansn. & B., 7a, 1884..F&ACin. & Chic. A. L., 1886-'90

Columbia & Green., 1st 682d mort

Col. & Hock.v.—Ist M., 7s, '97.A&02d M.,78, 1892 J&J

Col. Springf.&C—lat. 78.1901.M&SCol. & Toledo—lat mort. bonda2d mort

Col. & Xenia—lat M., 7s,1390.M&SConn. &P.is8nmp.—M.,78, '93.A&0Masaawippi, g., 68, gold, '89 J&J

Conn. Val.—lat M., 7a, 1901...J&JConn. West.-l8t M., 7a, 1900.J&JConnecting (Phila.)—lat, 63 ..M&SCuinberl'd & Peun—let 68,'91 .M&92d 68. 1838 M&N

Cumberl.Val.— lat M.,8s,1904.A&OD.akota Southern—7a. gold,'94,F&ADanb'y & Norwalk—78, '80-92. .J&JDayton& Mich.—lat M., 78, '81.JAJ2d mort., 78, 1887 MAS3d mort., 78, 1888 A&O

Dayt.& West.—lat M.,63, 1905.J&JIst mort., 78, 1905 J&J

Delaware—Mort., 68, guar.,"95.J&JDel.& Bound B'k—l8t,78,1905F&ADel.L,aok.& W.—Conv.7s,1892 J&DMort. 78. 1907 M&S

Den.& Rio G.—l3t, 7s, g..l900.M&NIst conaol. mo.-t., 7s. 1900 J&J

Denv.S.P.&Pac—l8t,78.1905 M&NDes M. & Ft. D.—l8t, 68, 1904.J&Jl8t inc., 68, 1904

Detroit & BayC—l8t,8s,1902.M&NIst M., 83, end. M. C, 1902.M&N

Det.G.Haven&Mil.—Ei|Uip.(i8,1919Con. M.. 5« tiU'84, after 6<. .1913D6t.& Pontlac, 1st M.,6a,'86.A&0

Det. L. & North.-l9t, 73, 1907.J&JDub. & Dak.—Ist M., 6s, 1919.J&JDubuqucA SiouxC— lst,7s,'83.J&JIst mort.. 2d Div., 1894 J&J

Dunk. A.V.& P.—l8t,7s,g.. 1 890JADEiist Penn.—Ist M., 78, 1888 ..M&SE.Tenn.Va.& Oa.—lat, 73.1900.J&J

lat mort., conaol., Sa, 1930 ..J&JIncome, 68, 1931E. Tenn. A Ga., l8t,68,'80-86.JAJE.Tenn.A Va.,ond.,6a, 1836-M&N

Eaatern, Mass.—4iaa, g., 1906. MASSterling debs., 6a, g., 1906..M&S

ElmiraA W'mapt—1st, 63, 19 10.3« I

5s, perpetual A&OErie & Pittsb.— l.at M., 78, '8.J.J&,1

Cons, mort,, 78, 1398 J&IEquipment. 7s, 1890 AAO

Evauav. & Crawf.—Ist, 73. '87.J&.IEvan3.& T.H.,lst con.,6s,1921,J&JEvausv.T.H.&Chi.-Ist, 73, g.M&NFitchburg-53, 1899

63, 1898 A&O78, 1894 A&O

Flint & P.Marq.—Ist in.,I.ir.8sM&NMortg. 6s, 1920 .....A&OFlint & Holly, l3t, lOs. '83. M&NBay C.& E. Sag.—Ist, 10s„82.J&JHolly W. & M.—1st, 83, 1901.J&J

Flushing & N. S.—Ist, 7, '89 . .M&N2d mort., 7s M&N

Ft. Madison &N.W., Ist 7s. g, 1905Pt.W. .MUU.&C—lat, 7a, g.,'89.AAOFrankfort & Kokomo—lat, 7s. 1903Gal.Har.&S.A.—lat,69,g.l910.PA\

lat La Grange, ex 68, 1910. F&A2d do 78, 1904J&O

Gal.Hous.AH.—l8t,7a,g.,1902.J&JGeorgia—78, 1876-96 J&J68

Qr.Rap. & Ind.—1st, l.g., g'd, 73, g1st M.,7s, l.g., gold,not guar.A&OE X land grant, Ist 78, '99

Gulf Col. & S. Fe— Ist, 78.19(19 J&JHannibalA Nap -Ist, 7s, '88.MANHan. & St. Jo.- Conv. 88, 1385.M feS

Con. 63, 1911 MA8Kana. C. A Cam., lat, 103.'92.J&J

.Housatonic—lat M., 7s, 1835.P&AHou3t. E. & W. Tex.—lat, 78, 1898.Houst.&Tex.Cen.-Ist M.,78,g'd.'9 1

1

West. Div., ist, 78, g., 1891.J&JWaco & N. W., Ist, 78. g.,1903.J&JCon3. mort, 8s, 1912 A&OWaco AN., 33, 1915Gen. mort. 6s, 1921 AAOIncome A indem. 78, '37—-MAN

Hunt. & Br. Top -Ist, 78, '90..AAO2d mort., 78, g., 1895 FAACons 3dM. 7s. 1395 A&O

III. Ceut.—l3t M.Chic& S|ir.'98J&JSterling, S. F., 58, g., 1903. A&OSterling, gen. M., 6s, g., 1895.A&O

do 58,1905 J&U111. Grand Tr.— Ist M.. 8s. '90.A&0Ind. BI. & W.— lat, pf., 78. 1900J&J

lat, 3s, 4s, 53&63, 1909. ..A&O2d M., 38, 48, 58, A 6a, 1909. AAOIncome, 1919

In'polla D.A Sp'd-l3t,7s,1906 AA DTrust Company ceititleatea

2d mort., income, 1906 JAJInd'poli8A8t.L.—l8t,7s, 1919. Var.2d mort., 78, 1900 AAO

Ind'apolia&Vln.—l8t,7s,1908.PAA2d mort.. 6s, g., guar., 1900.MAN

Int. A Gt.North.—lat,68,1919.MANCoup. 6.1, 1909 MAS2d mort.. lecomc, 8s, 1909. .

.

2d assented income, Os, 1909lonlaA Lansing—1st 8s. '89. ..JAJ

109*114•101•10010290

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118

* Price nominal ; no late tnuuaotlons. t The poroliaser also pa^i aocrued latereat. 1 1> Iiondon.

KOTXVBXB 5, 1881.) THE (CHRONICLE. 497

GENERAL QUOTATIONS OF STOCKS AND BONDS—Continubd.For Bxplanallont See lVo(e« at (lead of PIrat Pace of <(aataUan*.

Raiuioad Bonds. Bid.

1120

tIKi111^

lOD'i101

tilt)8120

10318lOH69^Oil's5.5

1071s10!)

107

123

10(i1201301281«126126

121

118

U04II314

Iowa City* West.— 1 Bt,7«.l nOD.M.^araFalla&8louxC.-l«t,7H.'99A*f)Itba<-n & AflKMid.— Isl in.. 79,k..KV.-.I

Jefferson— lliiwl'y Kr. 7s, '87..J&Jlilt luort., 78. 1880 J&J

Jeff. Mail.A In<l.-li<t,78.1900.A&O2(1 nimt.. 7«, 1 01 .TAJ

Junction KR. (Phil.)—l8t,G»,'82.r&J2(1 mort., (is, 190O AAO

K.C.Ft.ScottAO.— lBt,78.1008JADKannnn C. l.»wr. ic Sn. l8t. .5n. 1!)09K.C.8t.J(>8.&C.B.-M. 78,1007..J4JKauHitH it. NcbruHka—Ist mort.

.

2(1 niortKfintuok.v Centra —r>8. 1911. ..lAJKeokukA De8 M. -l8t..'>8. euar.AAOL. Krie A Went— l«l, 68,1910. FAAtncoiue, 7», 1 809eamhrnky Dlv., (!h, 1919 ....F*A

do Ineniue. 1020LaMll.AMim.,l8t.«a,1010.MAN

do Income, 78, 1809.Lake Sliore A Mich. 80.—M.8o.AN.I.,8.F.,lat,78,'8.'>.MANCleve. A Tol., l8t M.,78, •H,')...IA.I

do 2d M., 78, 1886.AAOCI. P. &A8h.,n«w78, 1892. .AAOButl.A E.,new lidH. M..7s,'98.AAOBuff. A 8tate L., 78, 1882,... JA.IDot. Mon. A 1 ol., l8t, 78, 1906. .

.

Jamest.A Frankl..lst,78,'97.JAJdo 2dM.,78,'94.JAl)

Kalamazoo Al.A Ui-.K.,l8t,8a.JA.lKal.A Schoolcraft. l8t,88.'87.JAJKal.AWh. PlKeon,l8t.78.'90..JA,IDividend bonds, 78, 1899...AAOL. 8.A M. S., cons., cp., lst,78.J&Jdo cons.,re)?.,l8t,78,1900.Q—.1

do C.JII8., ci>., 2d,78, 1903..JADdo con8..rc,!{.,2d, 78,1903.JAD

Lawrence—l8t umrt., 78,1893.FAAl«lilgh A Ijick.— l8t M.,78, '97.FAALeUiKh Val.— l8t,6a,coup., '98. J&IJ

l8t mort., 68, rcK.. 1898 JAD2d mort., 78, 1910 MA.'Gen. M., 8. t.,Os, g., 1923....JADDelaco Ld Co. bd-s, eBd.,78,'92JAJ

Little .Mi'imi—l8t M., 68,1883..MANL. RocKA Ft.8.— l8t,l.ffr.,78'9.5.JAJLittle Schuylkill— l8t, 78, '82. AAGLong Island—l8t M., 7s, 1898.MAN2d mort., 78. 1018Newtown A Fl., Ist, 78, 1891N. Y. A Rookawav, 78, 1901.A&OSmitht'n A Pt. .leff., 78, 1901 .MA.''

Lon'v.C.A I>cx.—lst,78,'97 JAJ(e^)2d mort., 78, 1907 AAO

LouJsv.AN. -Con. 1st 78,1898.AAO2d mort., 78,/;., 1883 MANCeclUnn Br., 78, 1907 MASLoulaviUe loan. 6a, '86-'«7..AAOLeb.-Kuoxv. (is, 1931 MASMem.A Cstl., .M.,78, g.,1902JADM.AClark8v..sfK.6a,K.,1901 FA.AN. O. A Mobile. l8t 6s. 1930.JAJPenaacola Dlv ,l8t,68,1920..MASSt. Louis Dlv.. 1st, 6s, 1921. MAS

do 2(1., 38 .1980.MASNasli. A Dec, l8t 7s, 1900...JAJE. H. A N , Ist 6a, 1019 JADGen'l mort., 6a. 1930 JAJ80. A .No. Ala., 8. F., 68, 1910 AAO

L'sv.N.A.AChlc—l8t,e8.1910. JAJMaine Cent.—Mort. 78, 1898. . .J&JExtcn. bonds, 68, g., 1900...AAOCons. 78. 1912 AAOAndrosco^'.A Ken. ,68, 1891.F&ALeeds A Farm'Rt'n, 68, lOOl.JAJPortl'd A Ken., Ist, 68, '83. .AAO

do Cons. M., 68, '9.1.AAOHan.Beaeh Imp ,liin.,78, 1909,MASN.Y.A .Man. Bciicli, l.st 78.'97,J&J

Marietta A Cin — lat M..78. '91FAASt.«rllng, Ist M., 78, g., 1891.FAA2d mort., 78, 1896 MAN3d mort., 88, 1890 ,IAJScioto A Hock. Val., Ist, 7s..MANBait. Short L., Ist, 78, 1900..JAJCln. A Bait., lat, 78, 1000....JAJ

Marq'ttc Ho.A C—Mar.A v>.,88, '926«, 1908 MAS

Mass. Central— l8t, 68, 1893Memphis A Charleston— Ist conaol.

Ist, C0U8.. Tenn. lieu, 78, 19 15 J&JMem.A L.R'ck— lst,48 (Ss after '82)Metrop'n E!ov.—Ist, 68, 1908. JAJ2d 68, 1899 MANl

Mexican National I 68Mich. Ccn.— l8t M., 88, 1882..AAol 103Conaol., 78, 1902 MAN 121^1st .M. on Air Line, 88, 1890.JAJ 1 115is

114

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Air Line, 1st M., 8«, guar. ..MANE<iuii>ment bonds, 88, '83.. .AAOGd. Riv. v., l»t 88, guar.,'86.JAJ68.1909 MAS5s. coup., 1931 MAS68, reg., 1931 MASKalamazooAii.H.,l8t,88,'90.MANJ.L.A8ag.l8t.88'85,"wh.hd8"JAJ

do NorthExt., 88,'90.MAN tl07do Cons. M.,8s,'91....MA.8i 114

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-l8t mort.Midland of N. JIncome, "A.'

do "B."...MI1.L8.& W.—l«t M..'d8,i92i'.MiN

Ist, IncomesMU. A No.—lat, 1-5.68, 1910.'.'JADMInneaiioliB A Duluth.— Ist 7gMinn. A 8t. L.—Ist M., 1927..JAD

Ist M., Iowa CityA W., 1900.JADiHt m»rf .

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90149

103

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MISH.ATenn.—l8tM.,88,Berie«"A" 13088, series "B" JAJ 1 118

Ho.K. AT.—CoiiR.aas.. 1904-e.KAA 1061«|107C(ma(illdat«d 6a, 1920 JADIst, 68, g., 1899. (U. P. 8. Br.lJAJ2d mort. , Income, 1911 AAO 78Booncv'e K'Ke,7a,guar,1006.MANHan. A C. Mo., lat 78, g.,'90.MAN

do 2d, 1892... MANMo.Pac.—l»t iuort.,6«,gld.'88, FAA 107%Con8ol. 68, 1920 MAN 1042d mort., 7s, 1891 JAJCar. H., lat mort., 68, g. '93..AAO3d mortgage, 78,1906 MAN 110Income, 78, 1892 MAS

Mob. A Ala.Or.Tr.— l8t.78,g'ld,'9.'S 30Mobile A O.— lat prof, debentures.. 06'g2d pref. debeiitnrcg 783d pref. debentures4tli pref. debentureBNew mortgage. 6«, 192'7

Morg'n'a La.ATex.,l»t,e8,1920J&JMorrlaA Eaaox— Ist, 78, 1914 MAN 1342d mort, 7s, 1891 FAA 118Bonds, 7s, 1900 JAJGeneral mort., 78, 1901 AAO 117Conaol. mort., 7s, 1915 JAD 124 V»

Nashua A Low.—69, g., 1893.FAA 11125a, 1900 105

Nashv.Ch.ASt.L.—let, 78,1013 J&J 116%2d mort., 68, 1901 JAJ .

lat, Tenn. & Pac., 68, 1917.. .J&J .

lat, McM. M. W.AA.,68,1917.JAJ -

Nashv.A Deciit'r.—l8t,78,1900.JAJ I

.

Natchez Jack. & Col.— Ist, 78. 1910 t

.

NeviMlaCen.— Istes, 1904.. ..AAONewark A N. Y.—Ist, 78, 1887.JAJNow'kS'sctAS.-Ist, 78, g.,'89.MANNewburg D. A Conn.—IncomeN'burghAN.Y.—Ist M. 7s,1888.J&JN. J. Southern—1st M.,new 68.J&JN. O. Mob. ATex.—Deh.8crlp.1930N. O. Pac— lat, 68. gold, 1920.J&J Ol'eN.Y.ACan.-£M..68,g.,1904.MAN :109N.Y.C.& Hud.—M.,78. cp.l903.J&J 135Mort., 78, reg., 1903 J&J 135Subscription, 68, 1883 M&N 102%SterUngmort., 68, g., 1903...J<fcJ ;123N. Y. a, premium, 68, 1883.M&N 102%

do 68, 1887 .IADdo real est., 6s. 1883. .MAN

Hud. R., 2d M., 78., 1885.....TADN.Y.CItvA No.-Gen'l,68,1910.MANN. Y. Elevated.- lat M., 1906.J&JN. Y. & Greenw'd Ijake.-Ist M., 682d mortgage

iV.Y.&Harlem—78,coup.,1900.MAN78,reg.,1900 MAN

N.Y.L.E.AW.—l8t,78,'07,ext.MAN2d mort. exten., 5s, 1019 ...MAS3d mort., 78, 1883 M&S4th mort., ext., 78, 1920.. ..A&O •--5th mort , 78, 1888 J&D ....

latcona. M., 7s, g..l920 MAS i 130New 2d cons. 68, 1969 J&D 11051st con (. fund coup.,78,1920Mife8 126>32d cor t. f'd ep. , 5,1, 1 969 J&D IO439Goldi ocome bonds, 68, 1977TMnii Dock mort.. 78, 1893. .JAD ....

N.Y.A N.Eng.—Ist .VI., 7s, 1905J&J IIUl8tioort.,6s, 1905 J&J 10814

N.Y.N.H.&Hait.. H.& P. Ist.Ts.A&O - •

.

N.Y. Pa. A O.—l8t incac.,5-78,1905 53do prior lien,lac.ac.,5.6g,'95 98

2dmort t203dmort UOiaL'sed L.rental tr'st'73,Tru8.cer.73 525West. ext. certifs, 8a, 1876,,J&J {100

do do 78, guar. Erie! t95

Raiuioad Bomi*.

Old CoUmy—<CoDtlnued)7fl, laeS MAS

Oreg.AOal.—Frankfort Com. Roo xOaw.ARome—lat M.,78. IU15.M&NPanniDk—flterl'g M.. 78. it. '97.AAOSinking fluid sub., (In, 1910.MANSiilwld V bonds, Eug. Iwue, Uo

PBrl8 A Danville 1 4tM. .78 1903.ParlsADeo'fr-

1

Pekln LI11.& DecPenna.—Gen. M..

'

Gen'l mort., Ss, ri.

.

Cona. mort., 6b, reg.do

PenD. Co.

12.JAJ"HI FAA

1 1) Q—

J

I'.ilO.AAO1911.". .6—

M

'6«. coup.. 1IM)5.,JADa«. reg., 1007...Q.—

J

BM.

1136

idd','liO

;iVi

{it,

12212111(122

108

102%11184

II8I45014

134

126'

106

92111

125

110

11383I3

N.Y.Prov.AB'n—Gen.78, 1899.JA.INorf'k AW.—Ueu'l M. ,6s, 193 1 MANNorrk A Potersb. , 2d, 8a, '93 .J&JSouth Side, Va.. Ist, 88,'84-'90.J&J

do 2d M., 68,'84-'90.JAJdo 3d M.. 68.'86-'90.JAJ

VlrglnlaATenn., M.,68, 1884.J&Jdo 4th M., 88,1900.J&J

North Carolln.i—M., 6sNorth Penn.— lat M., 68, 1885.J&J2d mort., 78, 1806 M&NGin. mort., 78. 1903 J&JNew loan, 68, reg., 1905 M&S

Noi th Wise—1st, 68, 1930 J&JNorthca8t.,S.C.—Ist .M.,88,'99,M&S2dm(jrt.. 88, 1899 MA.S

North'n Cent.—2d mort.,6s,'85.JAJ3d mort. , 6s. 1900 AAOCon. mort., 6«, g.,coup., 1900.JAJOs.g., reg.. 1900 AAO}VIort. bonds. , 58, 1926 J&,ICon. mort. atg. 68, g., 1904. . ,J&J

Northern, N.J.—1st M.. 6s, '88.J&JNorth. Pac, P. D'O Dlv.—68, MAS.Bond cortittcates, 68. 1921Gen'l 1. g., lat, 6.8. 1921 J&JGen'l 1. g., 1st, 68, reg JAJ

Norw'hAWorc'r-l8tM..68.'97.JAJOi!d'n8b'g&L,Ch.—l8tM.68,'98,JAJ

3. F., 89, 1890 MASConsol. ,68. 1920Income, 1920

Ohio Cent.—l8t.mort.,68,1920, J&JIncomes, 1920IstTcr'l Trust. 6s, 1920 J&J

Ohio&Mlas.—Cone. 8. F. 7s, '98,J&JCons, mort., 78, '98 J&J2d mort., 7e, 1911 A&OIst mort..8prlngf.Dlv., 1905 M&N

OhIoSouthcrn— lat 68, 1921,.,J&D2d Income, 69, 192 1

OhIoAW.Va.— l8t.a.f.,7s,1910M&NOld Colony—68, 1897 F&A«« 1 90< . . . . , . ,T *T>

112810411311010310310311790105

5518

137

10614lOSin1051a116132107

92

12511710811011411099iimtlOO106

103

115106110399%60

118>s118>a124117941s42>s

1114tll7

do lBtM.,4i«i, 1921.^&Jdo iBt mort.,4is«, re<(

Penn.&N.Y.— 1 Bt.7s.'96& 1 906.JADPeoria Dec.A Ev.—lRt,6a, 1920J&JIncoiDea, 1020Evansvllle I>lv.,lst 0r,102u.M&8

do iDCome, 1920 ..

Peoria PeklD & J.—lat, 7b, '04.JAJIPerklomen—1st M., 6s, 1887 . .A&OPetersburg-. l«tM.,8«i,'7»-'«8.JAJ2d irort., 88, 1902 J&J

iPhlla. A Krie-2d M , 7«. 1888.J&JGen. .M., guar., 68. g,, 1920. ,J&JSimbiirv&Erlc, Ist M..7s.'97.A40

Phila. & Reading—I8t, Os, '80, ,J^feJ

2d mort., 7», 1»93 AAOI>(!bonture, 1803 JAJMort., 78, coup., 1911 J&DGold mort., 6r, 1911 J&DImprovement mort.,6«, 1897Gen'l mort., 68, G. C, 1908. J&JNew (M)nvertible, 78, 1893...J.fcJG. B. f., $&£,68,g..l908, x cps.JAJScrip for 6 deferred Ht ooiiiiouh ..

Coal & I., guar. M., 7a. '92.. M&SIncome mort., cons. 7a, '96, JAD

Phlla.Wll.&Balt.-6s,'92-1900A&0.18. 1910

Plttsb.C.&St.L-l8t,78,1900.FAA2d mort., 78, 1013 A&O8teubenv.& Ind., lst.,6B.'84. Var.

Plttab.&Con'llsv.-l»tM.78,'98.J&JSterling exma. M.. 6s, g., guar.J&J

Pittsb.Ft.W.& C.-l8t, 78, 191-J.J&J2d mort., 78, 1912 J&J3d mort., 78, 1912 A&OEquii)ment, 8s, 1884 MAS

Pitt.a. Titusv.& B.—New 79,'90FAABuff.Ch.L.&Pltt.l8t,78.1909 M&NOil Creek, lat -M.,78, 1882,.,A&OUnion & TItusv., Ist, 78,1890.J&JWaiTen & Fr'kln. lat, 78,'96.F&A

Portl'nd&Ogb'g-lst68,g.,1900J&JVt. dlv., Ist M.,68,g.,1891..M&N

Port Royal& Aug. -1st, 6a, '99.J&JIncome mort., 68, 1399 J&J

Ouincy Mo.& P.— l8t,68, guar., 1909Kcn.AS'toga—l8t78,1921 cou.M&N

1st, 78, 1921, reg MANRichm'd & Allegheny—Ist, 78, 1920Ricb'd&Dan.-Con.,63,'78-90..M&XConsol. mort., 6a, 1915 JAJPiedmont Br., 89, 1888 AAO

Rich, Fred. A Potomac—68,ext.JAJMort, 78. 1881-90 JAJ

Rich. A Petcrsb., 88,'80-'86,,,AAONew mon., 78, 1915 MAN

Richmond York RIv. A Chea., 88...Roch. & Pitts., Ist, 68,1921..,F&A

do iDCume. 1921RomeWat'nAO.—8. F.,78, 189 1 ,J&D2d mort., 7s, 1892 JAJConsol. mort., 78, 1904 A&O

Rutland—l8t M„ 6.8, 1002, ...MANEiiuipment, 2d mort., 58 FikA

St. Joseph & Pacit.—l8t mort2d mort.

Jt.UAlt&T.H.-iBt M., 78, '94.J&J2d mort.. pref.. 7s. 1894 .... F&A2d Income, 78, 1894 M&NDlv. bonds, 1894Bellev.&3.Ill..lst,8.F.8»,'96.A&0

St. Loula & I. Mt.—l8t,7«. •92,F&A2d mort., 79, g.. 1S97 .M&NIst 78, Inc., pf. int. accumulative.2d 68, Inc., int. accumulativeArk. Br. 1. gr., M., 7«. g.. '07.J&DCairo Ark. & T.,l9t,7a.g..'97.JADCairo &Ful.,lat,l.g.,78,g..'91.JAJOen. con. r'y & 1. g.. 5a.I93lA&0

St.L.A3auF.—2d M.,cla88A,'06M&N2dM.,oUw8B, 1906 M&Ndo olaesC, 1906 M&N

South Pacinc— 1st M, 1888 .J&JP. C. &0. lat, 68, F&AEciulpmcnt 78, 1895 JAD

St.L,Vand.&T.H.-l8tM.,7»,'97.JAJ2dmort., 7b, 1898 MAN2d. 78, guar., '98 MAN

8t. P. & Duluth-lst, 5s. 1931.F&Aat.P.Minn.* Man.—l8t7s,1909 JAJ2d 6s, 1908 .AAODak. Ext.. 6«. 1910 MAN

St. P. 4 8. City— Ist, 6«, 1919.AAOM(u-t. on new lines •.-.

Sandusky M.&N.-lat, 7s,1902.J&JS.ivannah Florida A West.—

At. A Gulf, eons. 7», 1897....JAJIst miirtxage, 7s .--..w^-iirS8.Ga.A KlaT, lat M. 79,.1899. MAN

Scioto Val.—Ist M., 7b, sink g fund

;l 2d mort ;••;!| Consol. 7s, 1910 JAJ

94%' Selma Rome ADaltOQ—lat niurt..

44 P 2d mort., stamped117 'Jd mort., olean117i«

1Incomes uv .•;".";;;

10875102

107120

1W>*

107113

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124

12ftlS3>a

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108>t

80

105109123

94>*

197191

114

119>s

134

95

9998

116

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105100

104

95

122

106

1091171141s117100114103108

1031s103 14

1171081031005210050100120

102122121138

J10595%

103115107>«2010470

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39>4mo10895

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iii

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121

124123139134130109

1083010680

102>«

107

102'^

lis102%45112no9810383903411411310863

118110

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1064%

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117110i«991*91114lll>tlll>a871.

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* tneo uuuiiuw ; 1.0 iat« traosaoUuna. 1 The puroliaser aUu pay> Morueu latanat. ; In L iuduu.

4S8 IRE (.^HROf^lCLE. [Vol. XXXm.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Coxtinued.For Explanations See Notes at Head of First Page of (Inotatloas.

Bailjioad Bonds. Bid.

Bloux C. & Pac., 1st M., 68, '98.J&JBo. A No. Ala.—Sink, fd., Cs, 1910.Bo. Carolina—let M.,78,'82-'88.J&Jl8t,stcrl.mort.,5s,g.,'82-'88.J&JBd9,79,'02,2d M.,unenjoinedA<ftOBonds, 78, noii-mort A&O

Boutb Side, L.I.—l8t,7,1887...M&SBo. Cen. (N.Y.)—I6t78, 1899. .P&ABo.PacCal.—l8t.,68,E.,1905-6.J&JBoutliwest«ni(Ga.)—Conv.,78,1880BummitBr.—1st, 78, 1903 J&JBunb.IIaz.&W-B.—l8t,58,1928M&NBusp.B.&ErieJunc-Ist M.,78Byr.BiTiK.cfeN.Y.—con6ol.78.'06A&OTex. Cent. -l6t,sk.fd.,7s,1909MANTexas & Pac—1st, Us, g.1005 MASConsol. mort.,6s, pold, 190.5. J&DInc. and land gv., reg., 1915. JulyiBt (RioGr. Div.), Gs, 1930. .F&A

Texas & St. Louis—lst,68,1910J&DLand grant, incomes, 1920

Tol.Dcl's& Bur.— 1st main, 6s. 1910do Ist Dayton div. ,68, 1910do 1st Ter'l trust, 68. . 1910

Income, 68. 1910Dayton Div. inc., 6s, 1910

Dnited Co'sN.J.—Cons.,6s,'94.A&0Sterling mort., 68, 1894 M&8

do 6s, 1901 M&8Cam. & Ami).,mort., Os, '89.MAN

UnlonPac—l8tM.,69.g.'e6-'99.J&JLand Grant, 78, 1887-9 A&OBint. F., 88, 1893 M&SOm. Bridge, stcrl. 88, g., '96.A&0Keg. 8s, 1893 M&SCollateral trust, 6s, 1908 . ...J&JColorado Ccnt.,lst,88,g.,'90.J&DDenverracist M.,78,g.,'09.M&NKans. Pac, 1st, 68,g.,cp.ctf8.r&A

do 1st M.,6s, g.,cp.ctfs.J&Dl8t,R.& L.G.D'd,'99.M&NL'd l8t M,7s,g.,'80.J&JLand2dM.,7s, g., 1886Leav. Br., 7s, '96..M&N

Inc.,No.ll,7s,1916.M&SInc.,No.l6.78,1916.M&SDenv.Div.,68 ass.cp.cort.

1st cons. M.,68,1919M&N-lstM.,6s, g.,1890.J&J

11211061041227210493103120

Aek.

114

12376107100103H!

10010212211!106%106101 Is

74ie8938

112125

73

102127589'289»2

Railroad Stocks. Bid.

tll2J118

116>s1131a122%tl22

dodododododododo

Utah Cen.-

IOS14

111112i)j

1091a

O213

14

114120

114126j!124

110IO4I3 lO.iia

TJtali 80.—Gen. M. 7s, 1909. . . .J&JUtlca& Bl'k K.—Mort., 7s, '91.J&JVemi't &Can.—M.,88

Miseissquoi, 7s, 1891 J&JVermont Cen.—1st M., 78,'86.M&N2dmoiJ., 78, 1891 J&DIncome extension 88 M&NStanstead S. & C, 78, 1887. .J&J

Verm't&Mass.—1st M.,6s,'83.J&.lConv. 78,1885 J&J

Vick.&Mer.—l8tM..enrt.,78,'90.J&J2d mort, end., 7s, 1890 J&J

"Virginia Midlaud-lst mort., 68...2d mort., 6s3d mort. , 5-6s4tli mort., 3-4-585tli mort., 5s

Wabash-Ist M.,ext.,78,'90,ex.F&AMort., 78, 1879-1909 A&O2d mort., 78, ext. 1897, ex..M&NEquipment, 78, 1883 M&NGeneral mort., Gs, 1920 J&DChic. Div.. 58, 1910Havana Div., 68, 1910 J&JTol. P. & West., 1st 7b, 1917. . Q

do Istprel". inc., conv.do 2d prcf. Ine

Cons, mort., 78,1907,con.,exQ—

F

let, St. L. div., 78, 1889, ex.F&AQt. West., IU.,lst,7s, '88,ex.F&A

do 2d,78, '93,ex.M&NQ'ncy & Tol., 1st, 7s,'90, ex.M&N111. & 8. la.. 1st, 78, '82„ ex.F&ABt.L.K.C. &N. (r.e6t.&R.),78.M&S

do Om.Div.,lst7s,1919.A&0do Clarin. Br., 69, 1919.F&Ado No. Mo.,lBt M., 1895.J&.I

Wal). Fund. 1907-Var. 78. F&Ado Various 6s F&A

Warren (N.J.)—2d M., 78, 1900. .

W. Jersey—Debent. 6s, 1883..M&SIst mort., 68, 1896 J&JConsol. mort., 78. 1890 A&O

W. Jersey & At. Ist M.,0sl910M&SWest'n Ala.—1st M., 8s, '88...A&O2d mort., 88, guar., '90 A&O

West. Md.—End., 1st, 68, 90... J&J1st mort.. 68, 1890 J&JEnd., 2d mort., 6s, 1890 J&J2d mort., prcf., 68, 1895 J&J2d, end. Wash. Co., 68, 1890 J&J3d, end., 6s, 1900 J&J

West'nPenn.-lstM.,68, '93. .A&OPitts. Br., IstM.. 68, '96 J&J

Wheeling& L.Erie—1st, 68, g., 1910Wllm. Columbia & Augusta, 6sWil.& WelUon-8. F., fa, g., '96.J&JWlnona&St.Pct.—l8tM.,76,'87.J&J2d mort., 78, 1907 M&N

Wis. Cent.—Ist, 78, coups, unfuud.Ist scries, new2d s<'rie8, new

Wls.Vallev—l8t,78, 1909 J&JWorc'r4Nashua-58, '93-'95 . . Var.Kasb.&Roch., guv.,58,'g4.A&0

106109

108110

50

121s1

5033

1 1031130105851101078950931a

lllij

1086096%90

ParBAII^HOAD STOCKSAlabama Cent raiAla. ut. South.—Llm., A., 6e,prefLlm., B, com

Albany & Susoueh., Guar., 7!'.!i'ooAllegheny Valley 50

- ^iS.'''*'"" Topcka A Santa Pe..lOO;»Tinnt!> fr fhnr}mir, Atr IAti«

10114105109108 Is

107 14

100llliaH3''e

122%

110

1171171181101181061s112126

1108II4I8106

51

133

613314

IO31413511590113109915494

108

6496'e

102117

110107110

102112114104

104

llOifi120120

1071b118

112

77 -a

44114llOliallOlia

!10>s16

•Prio

14l'e

110116141111201a

7845

114>4102102

1161a

142

Atchison & Great WesternAtl. & St. Law., leased, 6, £. ... 100iiugusta & Savannah, leased ... 100Baltimore & Ohio 100

do Prcf., 6 100Bait. & Ohio, 2d, prclWashington Branch 100Parkerstmrg Branch 100

Boston & Albany 100Bo8t. Clint. Fitchb.&New Bed.lOC

do do Pref 100Bost. Con. & Montreal 100

do Pref., 6... 100Boston Hartford & Erie new .

.

do do old...Boston & I.flwell 500Boston & Maine 100Boston & New York Air L

do do prefBoston & Providence 100Boston Revere Beach& Ljtiu..100Brookl.yn ElevatedBrooklyn & Montauk . lOO

do Pref 100Bnff. N. Y. & Eric, leased 100Butl'alo Pittsburg & Western 50

do PrcfBurlington C. Rapids& North . . 100Cairo & St. LouisCairo & Vincenncs

do Prcf. 5 p. c.

California PacificCambridge (street), Boston 100Camden & Atlantic 50

do Pref 50Canada Southern 100Catawissa 50

do Old, pref 50do New, pref 50

Cedar Falls & Minnesota 100Cedar Rapids & Mo. and Ta. Ld.lOO

do Pref., 7 100Central of Georgia 100Central Iowa 100

do Istnref 100do 2dprcf 100

Central of New Jersey 100Central Ohio 50

do Pref 50Central Pacific 100Charlotte Col. & Aug 100Chesapeake & Ohio, common . . 100

do Ist pref. ..100do 2d pref.... 100

Cheshire, pref 100Chicago & Alton 100

do Pref., 7 100CHiicago Burlington & Qulncy..l00

dn rightsChicago & Canada SouthernChicago & East Illinois

Chicago Iowa& Nebraska 100Chicago Milwaukee & St. Paul. 100

do Pref., 7.100do rights

.

Chicago & North Western 109do Pref., 7.100

Chicago & Rock Island 1 00Chic. St. L. &N. 100Chic. St. P. Minn. &Oni.,com..lOO

do Pref.lOOChicago& West Michigan 100Cincinnati & Georgia subscriinionsCin. Hamilton & Dayton 100Cin. Indiaiiap. St. Louis & Chic. 100Cin. Sandusky & Cleveland 50

do Pref., 6.50Clev. Col. Cin. & Indianapolis. .100Clev. & Mahoning Val., leased.. .5CClev. & PUtsburgh, guar., 7 50Columbia & Greenville, pref ...100Col. Chic. & Indiana Central. . . 100Columb\i8& Xenia, guar., 8 50Concord 50Concord & Portsmouth,guar.,7 100Connecticut & Passumpsic 100Connecticut River 100Danbury & Norwalk 50jDayton & Michigan, guar., 3ia..50j

do Pref., guar., 8 . 50Delaware & Bound Brook 100Delaware Lack. & Western 50Denver & Rio Grande 100

do subs. new....di BUbs. old

Denver So. P. & Pacific 100Des Moiucs & Fort Dodge

do do Pref..Dot. Ijinsing & Northern, coin .100

do do Pref.lOODulnir|uo & Sioux City 100East Pennsylvania, leased 50East Tennessee Vii'ginia & Ga.lOO

do do Pref.Eastern (Mass.) 100Eastern in N. H 100Eel River 100Elmira & Willlamsport, 5 50

do Pref., 7..50Erie& Pittsburg, guar., 7 .50

Fitchburg 100Flint & Perc Marquette

do "do ProfPrankfprt & Kokomo 50Georgia Railroad A Bank'g Co. 100Grand Rajtids & IndianaGrand River Valley, guar., 5.. 100Green Bay & MinnesotaHannibal & St.' Joseph 100

do Pref., 7.. 100Harrisburg P. Mt. J.A L., guar.,7..50Highland (street), Boston 100

130

Ask.

Ul

1901241s123200

S1654412810

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1101511a26%61 14

I6213126201555

200125 Is

13165%45130IOI2

1071s258II4

11215226%64I4

1011261s27

Railroad Stocks.

80

J.50

J9212124

6II4

52921512523

5553 1425146

61 Hi18

118

964050964828%3930 14

001291a

25148

121

Bid.

9512

Ask.

301^1314983

8812620

47122^86271

561^53I218%

95%

75137

13715%6

96%4755OGM5029403162131

16p,

7741%

IO31883

8042

2414x5193

i;i7--a

8221150101120931s1700059

142116127%821*

213980

1148054014%255OI4

911s674055

150271s94 13

16015

14931.:

1121a

141

850%

40%

101%2315d95I27I82816lOJfl

50%6II341

100I4

36%

106lap.

371a124% 124%84

15056

62

1512893

16518

;40i417nils210

46I4901^

661a17232iSB

3415558

20p.140%20p.112

Huntingdon & Broad Top 30 51413do do Pref... 50 530

Illinois Central IOC 130iaIndiana Bloomington & West., new 40Iowa FaUs & Sioux City 100 86Jeft' V. Mad. & Ind'p's, I'sed. 7..100Jiiliet& Chicago, guar.. 7 100Kansas City Ft. Scott & Gulf... 100 85

do ao pref.. 100 124Keokuk & Dee Moines 100 20

do Pref.... KM) '

Lake Erie & Western 100 47Lake Shore & Mich. 80 100 122=8Lehigh Valley 50 JOlisLittle Rock & Fort Smith 100 70iaLittle Miami, leased, 8 guar.. .. 50 146Little Schuylkill, leased, 7 50 §56Long Island 50 5512Louisiana & Mo. Riv., Com 100 18%

do Pref., guar..Louisville & Nashville 100

do rightsLouisTille New Albany & Chic. 100 75Lynn& Boston (street) 100 xl34Macon & AugustaMaine Central 100M;uiohc8ter& Lawrence.. IOC 167i3|169.Manhattan Beach Co 100 23ial 25Manhattan Railway 100 53 la

Marietta & Cincinnati, Ist pref ..50 18iado 2d pref.. 50 11

Memphis & Ch.irleston 25 74isMetropolitan (street), Boston ...50 i-Jletropolitan ElevatedMexican National

do Subscriptions..Michigan Central 100 94''eMiddlesex (street). Boston 100 1'27

Midland of New Jersey 100 24do Class A ...

do Clnss B . .

.

Mil. Lake Shore & West., pref..100Mine HUl & S. Haven, leased.... 50Missouri Kansas & Texas 100

do do Scrip.Missouri Pacific 100

do rightsMobile & Ohio RK., assented. . .100Morris & Essex, guar., 7 50Nashville. Chat. & St. Louis 23Xashua & Ijowell 100Nashua & Rochester, guar., 3.. 100Newburg Dutchess & Conn., prefNew Jersey & New YorkNew Jersey SoutheraN. I.ondou Northern, leased, 8.. 100N. Orleans Mobile & Texas 100IVew Orleans Pacific subsoriptious.N. Y. Central & Hudson Riv. . . .100N. Y, Chic. & St. Louis, subscrip.New York Elevated

156I31I57 Now York & Harlem 50109 |'.09i4 do Pref 30122 1I22 N. Y. L. Erie & West

Ip. II4P. do Pref127 I2714 New York & New England 1001 38 5e! 1 N. Y. N. Haven A Hartford ... .100135 |135ia: N. Y. Ontario & Western

do do PrefNew York ProvideneeA Bos. ..100Norfolk & Western, com

do do pref37p.| North Pcnns.vlv.ania 5092

1 North & South Alabama, Northern Central 50

24%j Northern New Hampshire 10033 Northern Pitcilic, common 10091 ! do Pref 100

Norwich&Worcester,leased,10.100140

1 Ogdeusburgh & Lake Champ.. . 1008212I Ohio Central 1002112! do Hubseript'ns, ^lOOpd

Ohio & Mississippi 100102 do Pref 100125 ouio Southern941a Old Colony 100

I'/ltOrcKon & California

70IOregon Short Line, subscriptions

60I Oregou Trans-Cont., part paid . .

.

do full paidOswego & Syracuse, guar., 9.. -.30

127i£^ Panama Trust certs 100821s Paris & Decatur80 Pennsylvania Railroad 50

Pennsylvania Company 50do Pref 30

Peoria Decatur & Evaiisville..l00Philadelphia A Erie 50

So Philadelphia A Reading .50

Hi's do Pref., 7 50Phila. & Trenton, leased, 10. .. 100Phila. Wilmington A Bait .50

1458 Pittsburgh Cincinnati A St. L...5023% Pittsb. A CouucUsville, leased. . . 50501s do do Pref.93 Pittsb. Ft. W. A Chic, gutir., 7.1002 do Special, 7.100

Portland SacoA Port8m.,r8ed 6 100Port Royal A AugustaPortsm'th Gt. Falls A Conway. lOoProvidence A Worcester 100Rensselaer A Saratoga 1(K»

Republican Valley, deferred... 100Richmond A Allc, subscriptionsRichmond A Danville 100Richmond Fred. A P.. common. 100

do do Guar. 7.... 10015 do do 6..

961a Richmond A Petersburg 1001 131a Richmond York River A Chea.

Rochester A i^ittsburg 100mis do rights

Boww Watortown A Ogtlensb. .100

5II4I8I211741a

9lifl

461s9OI40817832''8

15020 "22"

54% 54%JSil's 6025 3051131 52

112 11339ial 39 12801, f sOSb

1593527 14

$3041I4

211a130

80%130193

x635b

391352068%

(65 la

1010

116

24133140118

i'oiis85122lOJ978028

isdis,

30 1«

1614027ifl

$60415»

231301»

82

193

63%

4014

68%

662020

139

lieift

2613514012018d105 "a95125

99

28

aoia

» uouuna:;no lata transaction*. t Puroha«3r .lUo pjy« aojroel Interest. ; In London, i Q.iotation per share. p. Premluai.

NOTBMBKR R, 1861.] THE CHRONICLR 499

GENERAL QUOTATIONS OP STOCKS AND BON[)S—Covtihubd.For Explanations Refl Note* at Head of First Pace «r Qnotationa.

Bid.

2S>s13

93

4468^1

103 >i

107>«30100105

70»24325

18>«

51%

8824

120^

1712914181688=8

37

15>29811023%4561%

llig

107lie's

Rtll.ROAII 8TOCK8.

RH. STUCK*.'"ONTlNl'gP.

Rutlntid 10(1

do Prcf.. 7..1(M)St. Joseph 4 WfBtcrii8t.I-oiil8Alt.AT.H.l(K>

do ITcf.lOOBclV-v.AS. 111. .pf. 10(1

St. lAnilHABiinPr.lOOdo Pref.. .100do l8t prcf. 100

SI. rnnlJc Uulntli 100do Prcf.lOO

St. P.MIiin.4.M»ii.lOOScioto ValleySoab'd & RoanokelOO

do aDar..lOOHclnia Konio 4 DaltonSouth HoHton (8tr.).S0South Cinoltim 100So. iSj No. Alulmmn8'WC8t.,Gtt.,t;M.7.100Syr. Biiiff. &N. Y.lOOSumin 1 1 limuc li .Pa . .50

Torre II. * Iud'iiap.50Tex. Cent. A- St, LouisTexas & I'acitle ... 100

do SiihsToxaa &. St. Louis,snlisTol. Dolph. & Bur. 100U. N.J. KK *C. Co.lOt)Union Pacitic 100

do Kiglifs .

.

Vt. & Can., leased. 100\t.<t Mass.. I'sed.6.100Vlcksb. & Jlcridl.iu ...

Wab. St. L. APaclOOdo Pi-cf.lOO

Warr'n(N,J.),rs'd,7.50Wcstih. A Phlla-,p/.50West Jersey 50West Jersey* .\tlantieWeslern MarylandWll. Columliin * Ahk. .

Wll.atWeId.,lsd., 7.100Wisconsin Central

do Prcf.Worc'toriXa.ahna . 100r.\>'AL BONDS.

Albenuarle & Clie.».—1st, 78, 1!)00 ... .J&J

Cliesap. (fe Delaware—l8tniort.,(ls,'8(iJ&J

Caes.&O.—Gs, '70.Q.-JDel. Dlv.—68, '78.J&JDel. & II.—78, '91 JitJlatcxt., 1891..M&N78,1884 JAJCoup. 78. 1894.A&OKeg. 78, 1894..A&Olet Pa.D.cp.,7R,M&8do reg. 79,MA-8

James R.Jc K.— let, 6s.2dmort., 68.. .MAN

Leh.N.—6s, rg.,'84Q-JRR. 68, reg., •97,Ci FDeb.68, reg.,'77,JADCouv.6s,rcg.,'82JADdo 6s,g.,rg.,'94MAS6s,g.,cp.&rg..'97J&DCon8.M.,1911 78j,feD

Loulsv & P.— 3d,68,'814th mort., 6s, 1886..

Morris-Boat l'n,reg.,'85AAONew mort

Pennsylvania—6s. ooui)., 1910..J<S^J

BchuylklllNav.—l8t M.,U8, 1897.Q-M2dM.,Gs. 1907..J&JMort. 08,cp.,'95JAJ68, imp. ,cp., '80 M&N6«,bt<£car,191.'»KtN7s,l>t&car,1915MitN

Siisq.—G8,ip..l in 8J&J7«, coup., lUOi; .JAJ

Union— 1st Oc.'HU.MANCAN At. STOCKH.Chesapeake & Del . ..50Del. A Hudson 100Del. IJiv. leased, 8. .50Lehigh Navigation.. ,50Moirls, guar., 4 1(K)

do pf.,guar.l0..100Pcnnsylviin!.-; 50Schuylkill Nav 50

ilo do prcf. ,50Busfiueha:ina 5(1

ini!«C>L.L.ANEOOSBONDS.

Amer'n bS.Co.d'hll.)—68, K. C., 1896..A&O

Halt. Gas Light 6sCanton (Bait.)—£68, g., 1904. ..J&JMort. 68,g.,1904 J&JUn. RR.,l8t, cnd.,t;s.do 2d,end. 68,g.JIAN

Col.C.&lr.-l8tcon.,6sGold & Stock TelIron Steamboat, IstMariix)Ka()old I,.AM.-ICons. M.,7r,'86.J4J

Oreg.R.&N.lst,68,J&JPullm'n Palace Car—3d series, 88,*87P&A4th do 8s,'92K&ADcb'nfre,78,'H8A&0Stlg, 78.g..IHH.') A&O,

Bt.Charlea Briuee,7-a6 102Bt. L. Bridge & Tun-

1

let, 78;g..i929.AAn '120

127127%

106116

Ask.

5»427205403

MlSCBLLAMEODS.

44I3I70,07

107 »a35

l>a714530

10

54%par.9224185121

1813015481s89

18105

23I2

5063

421s

Usifl'

1181s'128 '

130;

100

10313

109 ifl

Via'

100

106I210511910390

109

10811713105

119

91 "s

109%

13-%

109101

10712

92I2

90

109%

1101191051s

128

Jjirlng Valley—i

W.W.,lals,l90e.H&SSterling Iron &Ry,—Series B., Inc., 1804Plain Income 6r, '01.

Western Union Tcl.—78, coup., 1900.M&N7a reg.,19(M)..MANSterlV' Hh. 1900.M&SniSC'I.LANKOUS

!jT04:K!!«.Aspinwall l.,iind 10Boston I,jiiid 10Boston Water Power.Brooklinc (.Mas8.)L'd5(JantonCo. (Balt.).lOOC^n. & Cov. li'dge pref.Edison Electric Light.Edison Ore MillingIron Steamboat CoKeeley MotorLouisville BililgoMcKay Scw'g Maoh.lOMaverick Land 10N.E.Mtg.8ec«r.(Bost.)N.Hampshire I.and 25N.Y.&Tcx.Ixl.,Lini. 50Land scrip

Oregon Ry.&N.Co.lOOPacific Mail SS.Co.lOOPnllm'nPalaoe CarlOO

do RightsSt.Lonis B'dgc.lat prof2d pref. certitlcatcs.

St. Louis Tunnel RK.

.

St. Ix)al8 Trauslor Co.3utro Tujinol 10U. S. Electric T,lghtEXPRESS STCKSAdams 100American 100United States 100Wells, Furs,-o & Co. 100TELE^KAPH

STOCKS.-American iJislrict.lOOJ.American Union ..100

I

Atlantic & Pacitlo..25I Franklin 100llGold&Stock 25

' Intcmation'l Oc'n.lCO.Mexican 100

11.Mutual Uniondo subs

.

Southern & Atlantic 25West. Union 100TRUST CO.'S

STOCKS.Brookliu Trust 25Central 100Equitable 100Farmers' Loan &Tr.25Uercautilc 100N.Y. Guar. &Ind. 100N.Y. Life & Trust.. 100Real Estate Trust. 1 00Union 100United States 100iniFRovE.u'r scCONSTK'N COS.

Am. Cable Const ruct'nAm. Railway luip'mntCent. N. J. Laud Imp.Continental f'onstruc.Cent. R'w.ay ConstrueInternational Imp'nintN. Y. Loan & Imp'nintNorth River ConstrueOregon Improvement

(To Ist M. ImndsPacific R'way Imp'inntScranton Construct'uTexas & Col. ImpGAS STOCKS.

Bait. Cons ji. GasBoston Gaslight. . .500East Boston 25South Boston 100Brooklinc, Mass. . . 100Carabridgo, Mass.-KX)Chelsea, Mass 100Dorchester, Mass. . 100Jamaica Pl'ii,.Ma88l(X)Lawrence, Miias.-.IOOLowell 100Lynn, Mass., G. L..100>lald. & Mel rose ... 100-Vewton* Wat'n ..1003alem, Mass., 100Brookljni, L. 1 25Citizens', l!rooklvn.20Metropolitan, B'klyn.Nassau, Brooklyn ..25People's, Brooklyn. 10WilUamab'g, B'klyn 50Cbarlcst'n,S.C.,(Jas.25Chicago G.& Coke. 100Gincinnati G. & Coke .

Hartford, Ct., O, L..25Jersey C.& IIo!;/Ok'u20People's, Jersey CLouisville G. L...Mobile Gas & (;oke. 8Central of N. Y 50Harlem, N. Y 50Manhattan, N.Y... .50

.Metropolitan, N.Y. 100

.Municipal 1(X).MuUialof N.Y. ...100New York, N.Y. ...100N. OrlcansG. L. ..100N. Lilierties, Phila..25

iJWashingtiMi, Phlla..20

Bid.

H7is

!10»

G8>97'e414SO

000

21s,106

211

I6II447%

7;i03J45105

110

112941s74133

50

502589

115'

90907880%

147180

300144130410

Ask,

40

1181a1181slOT

7SSg841s

70

1100

2%1072\5032>s161 14

481311s

8lOG47109

Portland, Mu., O. L.609t. Jxmis O. L 50Laclede, Ht. Ixiiils.lOOOarondelet,.'it. Uiula 50San Fran<?lKco O. L.

.

.$114150

1479675 «135

50

56

93

125'

95958486 r

155

200400

45

415

55 p

30971s

169295I3

8595

391380529

1111141s1439592

12-'

13316468971s127107128536565337018

2716080

60902101501707410370

150

8032 p998517 p95961s

92100

39%807 12311121151431s9692 14

1291351667098

1271s1031315568683775

Ml»C«I.LAl»r.OU». Bid. A«k. MUCBLLAHBOOR.

22021951401400X1801025

200900im91102

inANrFACT«lNCSTOCKS.

Am.B.H.S.M.{Pa.il2iaAm. Linen (Fall Rlv.)Ainory (N. II.) lOOAmoskeag (N.II.) 10(K)Androscog'n (Me.).l(X)Appletoli (.Miuis.) . 1000Atlantlo (Mass.). . . 100Barnard Mfg. (F. R.)Bates (Me.) 100Boott Cot. (Mass.) 1000Border CMty Mfg. (F.R.)Boston Co.(Mas8.)1000Boston Belting 100Best. Duck (Ma8s.)700Cambria Iron(PB.)..50C!hleopee(Masa.) ..100(Jocheco (N.H.)....800ColUnsCo. (Conn.). .10Continental (Me.). 1(X)Cres't Mills (F. R.) 100Uavol Mills (F. R.) 100Dougl's Axe (MassllOODwi/iht (Mass.). ..500Everett (Mass.)... 100Fall Riv. Iron W. 1000Flint Mills (F. R.) 100Franklin (Mo.) 100Great Falls (N. H.llOOHamilton (Mass.) 1000Hartf. Carpet (Ct.)lOOHill (Me) 100IloiyokeW.Powor.lOOJackscm (N. H.).. 1000 1420King Philip (F. R.) 100I^aeonia (Me) 400Lancaster .M.(N.H)400Ijiwrence (Ma8s.)1000Lowell (.Mass) 690Lowell Bleacliery.200Lowell Macli.Shop.fiOO 1250Lym.anM. (Mass.). 100 121Alanchester (N.H.)lOn; 173

04 >s 05^

80

22S220015014201811075

400541s130108

1430

1056"

160

226'

25

98%le

3117090

65022131541767610570%

Mass. Cotton 1000Mechanics' (F. R.) 100Merchants' (F. R.) 100Merrimack (Maes) 1000Midclloscx (Mass.). 100Nashua (N. II.). ...500Naumkcag (Mass.)105N. E. Glass (Mass.)375NewmarketPacific (M.aiiS.)...1000,Pepperell(Me.)....500 1200Rich. Bord'iKF.R.) 100Robeson (F. Rlv.) 1000Sagamore (F. Riv.) 100dalmou Fall8(N.H.)300Saudw.Glass(Mass.)80Shove (Fall Riv.). 100Slade (Fall Riv.).. 100Stafford (Fall Rlv.) 109Stark MUl8(N.U.)1000Teciiiuseh (F. R.). 100Thoriidlke(Mass.)1000TrcmontAS.lMassllOOTi.-oyC.&W.d.'.B.jSOOUnlouC.Mf. (F.R.)IOOUnion Mfg.(Md.)Wampanoag(F.R.) 100Wasliiiigt'n(.Mas8.)100Weed Sew. M'e (Ct.)25Wcetaiuoe (F. R.)100Willim'tlo Llnon(Ct)25 ,„..York Co. (Me.) 750 134o

COAL A: MISCEIi.miNING STOCKS.American Coal 25Barclay CoalBuck Mouut'n Coal.50Caribou Con. MIn'g.lO(,'ent. Arizona Miu.lOOCoioriulo Coal & 1. 100Cou8()l.Coal of Md.lOOCumherl'd Coal&I.lOODeailw<H)d MiningExccls'r W.&M.ro.lOOGeorge's Cr'k C'l (Md.)Homeatake Min'g.lOOLehigh & WilkesLittle Pittsburg .

Marip'sa I,.&>LCallOOdo pref. 100

Maryland Coal.... 100Moutauk Gas Coal . 100New Central CoalN.Y.&Stralts.C.&I.lOOOntario 811. Min'g.lOOPennsylvania C0.1l. 50Pilot Knob T. (St. L) 100Quicksilver Min'g.lOO

do prefRoblDBon Oinsol. M..50Spring Mount. Coal.50

1415128165185023075512790560.500

21=6

501$331s

6%

9919ia

31431a22

StandM (>)n8. 0.M.IOOStormout 1

BOSTON niNINGs'rocKs.^^

Allouez 25AtlanUo 25Altec 25Blue Hill 'Me.) 10Brunaw'k Antimony.

5

Calumet A Hecla. . .25

36236

135913

221a2%

3>«^1440o,1**7

224

Catalpa Silver 10Central 28Contentment Silver 25Copper Fall* MDana 25Oawtnn Silver 20OonghMlMe.) 5Donnan Silver 20Franklin 25Hamliaw Sllror ....20Humboldt 25Hungarian 25Ifuron 25[utematlonal 8llver20Manhattan 25Heonard 25Hlnncoota 25National 25Osceola 25Powablo 25Pbenlx 25Pontlao 25Quincy 25Ridge 25Rockland ^..25Sliver Islet 25Star 25Sulllvan(.Mo.iSllTer 10Superior 25Wlnthrop 25GtM.DAHILVERMINING STOCK&S(N. Y. & SAN. FRAN.)AliceAlpha Consol G&S.lOOAlta Montana 100Amerlciui Flag 10Amie 10Bald MountBasaick 100BechtelBelcher Silver. ...100Belle Isle lOOBelmontBest & Belcher. ... 100Bodle 100Bonanza Chief 1Breece 25Buckeye 8Bnldomingo 50Bullion ,....100Bnlwer 100Calaveras 1

Caledonia B. H....1(K)Callfonila 1(X)Carb. Hill 10CentennialClicrokcc 10Chrysolite 50Chollar 100Climax 10Consol. tnii>crial ..100Consol. North Slope.IConsol. Pacltle.... 100IConsol. Virginia. ..100: Copper Knob IICrown Point 100Dahlonega 1Dnndenberg 10DunkinDunuigo 5Emp. Utah lOOEureka Consol 100Father Do Smet .. 100IFlndicy 1,Freeland 25;Gold Placer 25GoldStriiH!it^oodshaw 100(Jould & Curry 8.. 100Grand Prize 100(Jranville Gold Co... 1jGrcat Eastern 1

'(reeii Mountain 10'Hale & Norcross. .100IHarshawHIbernIaHluhland Chief ....

Horn Silver 25Hortonse 10Huklll 5tndei>enden(W 100Irim Silver 20Kings Mountain 10Lacrosse ..,..10iLa PlaULeadvllle Consol.... 10lA-eda 100Uniatlian 100Little Chief 50Liwland Chief 50Lucerne 10Manhattan 10Martin White 100May Belle.... 100MaylU>wer..u 10Mexican U. Ji SUv.lOOMoose u 10Moose SilverMono 100NavaJo 100PatagoniaPenoliscotPlumas 10PotosI 100Raupalianook 1

ReUEIepbaM 10Rising Sun 8Rol>lnK<mCoa«ol.. 50Sacramento 10

l«iil8aotaCm».. .^8 Sierra Nevada 100

2X6 llfillTerCllir..... 5q'

Bid. ilk.

T33

325c.

l>a45<i.

13V6141

30c.2.5«.

3%

50e.

2142012VIV

35o.30 Hi4

35V"2%

1-50

•50

681^8

2-.50•10

•73

11062V•28•101

1350

00

2««1%

50 >a

34V

10420»s

3%5

\

25

Ml37'

83146113V

22%2V

3414V;SOe.

•102-30

2^•05

OV

.357

•03•12

3503V•30

10 la

210

•20

1-00

•95

IV

"•13

litV

19

Prtec nooilnal ; no lato traosaoUoas. f Pjr3iait!PaUjpay«*3i''a3l intorjst t In MBfon- JQwUtloaparshiro. p. Pro.:uloin.

600 THE (JHRONKJLE. [Vou XXXID.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Conclfdkd.For BKpIanatloas See Notes at Head of First Faze of daotatlons.

Miking Stocks. Bid.

CONTINUKD.Silver Nugget, new.. .

Sir Koderick DhQ ..10Boutli BodicSouth BnlwerSoutli Hite. new ...25South PacificSpring Valley 1

Standard 100Tlora 100TlpTop 100Trinity 10Tusoarora 100UnadillaUnion Coneol 100V. deW.G 10WillshireBANK STOCKS,BALTIMORE.

Bank of Baltimore 100Bank of Commerce. 25Chesapeake 25Citizens' 10Com. & Fanr.er8'. . 100Farmers' B'k of Md.30Farmers' & Mcrch..40Fanuers'<StPIauter8'25First Nat. of Bait. .100Franklin 12'i!

German AmericanHoward ...1

Marine 30Hecbanios' 10Merchants' 100National Eich'ge. 100People's 25Second National . . 100Third National.... 100Union 75Western 20

BOSTON.Atlantic 100Atlas 100Blackstone 100Blue Hill 100Boston Nat 100Boylston 100Brighton, (Nat.). ..100Broadway 100Bimker HiU 100Central 100City 100Columbian 100Commerce 100Commonwealth... 100Continental 100Eagle 100Eliot 100Exchange 100Everett 100Faneuil Hall 100First National 100First Ward 100Fourth National.. 100Freemans' 100Globe 100Hamilton 100Hide & Leather ... 100Howard 100Manufacturers'.. .100Market 100Market(Brighton) .100Massachusetts 250Maverick 100Mechanics' (So.B.)lOOMerchandise 100Merchants' 100Metropolitan 100Monument 100Mt. Vernon 100New England 100North 100North America 100Old Boston 50Pacitic 100People's 100Kedeniptlon IOCRepublic IOCKevere 100Rockland 100Second Nat 100Secuilty 100Shawmut 100Shoe & Leather 100State 100BuSolk 100Third Nat 100Traders' 100Tremont 100Union 100Washington 100Webster lot'

BROOKLYN.Atlantic (State)BrooklynFirst NationalFultonCity NationalCommercialLong IslandManufacturers'Mechanics'NassauBrooklyn Trust

CHARLESTON.B'k of CliaH.(NBA) 10(First Nat. Chas.. .101People's National. 10(

CHICAGO.Commi)iclalNat...lCOCornExp''. Nnt.. .1(0

•38

8%3-75

•03

U>s

13517

Ask.

•43

8'84

•25

6

•01

Bank Stocks. Bid. Ask.

14018

16112^3147%41130

17

5043

100

3411%

13011720150107801229

110103512

21

153124>21141a110I27I21271s110981791191s\\i6142I28I3l'.iO

llSJHj1191201431sll6is13OI22101161101191s1111171s1161291101091s1351242501301101461202091251slid1411511461105162133130122133151175I26I2nils125121 Is

106102122153139nils

175HI2351132501001009619017"153

95145115

180

8230

154125115112128128

10018012012714^.iis

1291211191191sI2OI4144118131215117llOis120IIII3118H6is130111no1401241s251133110%1461*r2l210127146142115Hlij

1051s163135131123135152180127ll2Xj125 to

1221061s102121-23

154140112

Fifth National ....100First National 100Hide and LeatherHome National ...100Merchants' Nat-. .100Nat. B'kof Illinols.lOONorthwestern Nat -100Union National....100Un.Stock Y'ds Nat.lOO

CINCINNATI.Citizens' NationalFirst NationalFourth NationalGerman NationalMerchants' National..Metropolitan NatNat. Lai. &Bk. of Com.Second NationalThird NationalUnion Nat

HARTFORD.^tnaNat 100American Nat 50Charter Oak Nat. .100City Nat 100Connecticut River 50Far. & Mech. Nat. 100First Nat 100Hartford Nat 100Mercantile Nat.... 100National Exchange. 50Phoenix Nat 100State 100

LOUISVILLE.Bank of KentuckylOOBank of LouisvillelOOCitizens' National. 100City Nat 100Falls City TobaccoKX)Farmers' of Ky ...100Farmers' & Drov..lOOFirst Nat 100German Ins. Co.'s.lOOGerman 100German National. 100Kentucky Nat 100I./)uisv. Banking Co.40.Masonic 100Merchants' Nat. ..100Sorthernof Ky ...100Second Nat 100Security 100

225

135

1602181721201321s122165

240"128

13075136935312811917012775170107

14095

173125135125

91103

145

140245130

13277139955613012217313078173112

14396

1381s13093104108

Bank Stocks.

11525011827010510310011^5

.75

104133137200125135105

105

135139210130137

Third National....100Western 100West. Finan.Corp. . 100

MONTREALBritish N. AmericaCommerce 50Dominion 50Du Peuple 50Eastern Townships 50Exchange 100Federal 100Hamilton 100Hochelega 100Imperial 100Jacques Car',ier...lOOMaritime 100Merchants' 100Molsons 50Montreal 200Nation ale 50'Ontario 40Quebec 100:itandardToronto 100Union 100Ville Marie 100NEW ORLEANS.

Caaal & Banking. . 100Citizens' 100Germania Nat 100Hil)ernlaNat 100Louisiana Nat.. .. 100Metropolitan

.

Mutual Nat 100Sew Orleans Nat. . 100People's 50State Nat 100Onion Nat 100

NEW YORKAmerica 100American Exch'gelOOBroadway 25Butcliers'* Drover825Central National. .100Chase National.... 100Chatham 25Chemical 100aty 100Citizens' 25Commerce 100Continental 100Corn Exchange ...100East River 25Eleventh Ward 25First National 100Fourth National. . . 100Fulton 30Fifth Avenue 100Oallatin National ..50German American. .75Germania 100Greenwich 25Grocers' 30Kauovor 100Importers' A Tr.. .100Irving 50Leather Manufts. .1(KI

Manliattan 50Marine 100Market 100Mechanics' 25

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Mechanics' B. Ass'nSOMechanics' & Tr.. .25.Mercantile 100Merchants' 50Merchants' Exch'ge50Metropolitan 100Nassau ....100New York 100N. Y. Nat. Exch'gelOONew York County. 100Ninth National.... 100North America 70North River 50Oriental 25Paciflc 50Park 100People's 25Phenix 20Republic 100Second National.. 100Seventh Ward 100Shoe & Leather 100St.Nicholas 100State of N.Y 100Tradesmen's 40Unicm .WPHILADELPHIA 5

B'k of N. America . loOCentral National.. 100City National 50Commercial Nat— 50(!!ommonwealth Nat 50Consolidation Nat.. 30Corn Exchange Nat.50Eighth Nat 100FlrstNat 100Farmers'&Mech.N. 100Girard National 40Kensington Nat 50Manufacturers' Nat.25Mechanics' Nat....100Merchants' Nat.

.

Nat,. B'k Commerce. 50Nat. B'k Germant'n . 50Nat.B'k N. Liberties 50Nat. B'k Republic. .100National Security. 100Penn National 50People's 100Philadelphia Nat. .100Second Nat 100Seventh Nat 100Sixth Nat 100Southwark Nat 50Spring Garden 10022d Ward 50ThirdNat 100Union Nat 50Western Nat 50West Philadelphia.lOOPORTLAND, ME

Cumberland Nat.. .40Canal Nat 100CasooNat 100First Nat 100Merchants' Nat 75National Traders'. 100RICHMOND, VA.

City Bank 25First Nat 100Merchants' Nat... 100Nat. Bk of VirglnialOOPlanters' Nat 100State Bank of Va.lOO

ST. LOUIS,B'k of Commerce . . 100Commercial 100Continentnl 100Fourth National ..100International 100Mechanics' 100Merchants', OldMerchants' Nat ...100St. I.K)iii8 National.100Third National. ...100Vallev National... 100BAN FE ANCISCO,

Bank of California.

.

Clay StreetFirst Nat. Gold.... 100Grangers' B'k of C.IOOMerchants' Exch..lOONat.Gold Bank& Tr. CoPaciticWells, Fargo & CoFIRB INSUR'CE

STOCKS.BALTIMORE.

Associate Firemen's.

5

Baltimore Fire Ins. 10Fiieuieu's Insur'ce. 18Howard Fire 5Maryland Fire 10Merchants* Mutual. 50National Fire 10

BOSTON.AmerlcKU F. & M. .100Boston 100Boylston 100Commonwealth. ..100Dwelling House.. .100Eliot 100Firemen's 100Franklin loOManufacturers'. ..1(X).Mass. Mutual 100Mercantile F. & M.lOONeptune F. & M...100North American . . 100Preseott 100Revere 100Shoe & Leather. ..100Washington 100

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1.571s15115480120148176651481201461321.55150

'Plioe nominal; no late traaaotiuua.

150160

CINCINNATI.Amazon(new stock) 20Cincinnati 25Citizens' 20Commercial 25Eagle 100Enterprise 20Eureka 20Firemen's '20

Germania 20Globe 20Merchants'* Manuf 20Miami Valley 50National 100Union 20Washington 20Western 25HAKTFORD, CONN.Mina Fire 100Atlas Insurance ... 1 00Connecticut 100Hartford 100National 100Orient 100Phoenix 100Steam Boiler 40

LONDON.Commercial Union.A5Guardian 50Imperial Fire 25Lanca^liire F. & L. .25London Ass.Corp.12iaLiv. & Loud. &GIobe.2North'n Fire & Life . .5North Brit. & Mer. 8%Queen Fire & Life.. .1

Royal Insurance 3NEW ORIJiANS.

Crescent MutualFactors' and Traders'.Firemen'sGermaniaHlberniaHomeHopeLafayetteMerchants' Mutual . .

.

Mechanics' & Traders'New Orleans Ins. Ass'nNew Orleans Ins. CoPeople'sSun MutualTeutonia

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9314812516011570176145

150

105

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75

108105i«

100

13630013811421380

25731578%

651s2H255663%

29 14

11612469116%115134080611171181a38%6431

1191a1261a

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8»8661s22

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t Last price preceding fievt. 1>8. i Qaotatio,'! per diareb

NoTUMBcn 5, 1881.] THE CHRONKXR 501

JuujesttujetttsJlKD

STATE, CIT? AND CORPORATION FINANCES.

The luvBSTORa' Supplbmrst eonUiiiu a complete exhibit of the

Ponded Debt of Stales and OUiet and of the Stock* and Bonde

«f RiiUroid) and other Gompanie: It ii pti'iliihed on the la»t

Saturday of every other month—niz., February, Aprti, June,

August, October ind December, and is furnished aUhout extra

charge to all regular subscribers of the Chbosiclb. Single copies

are sold at $2 ver copy.

ANNUAL REPORTS.Cincinnati Indianapolis St. Louis & Cliica^o.

{For the year ending June 30, 1881.)

Tile President says: "During the year ending June 30, 1881,this company has operated, in addition to its main line of 175miles from Cincinnati to Lafayette, and the Lawrenceburgbranch, 2 miles long, which it owns, the Harrison Branch lUil-

Toad, 7 miles in length, at a rental of 7 per cent upon $200,000of stock or 114,000 per annum; the Fairland Franklin & Mar-tinsville Railroad, 38 miles, for operating expenses and taxes;the Cincinnati Lafayette & Chicago Railroad, from Lafayetteto Kankakee, operated from Sept. 1, 1880, for operating expensesand interest upon its bonds, rentals and taxes. The rental paidlast year was $6,S91, and the interest upon bonds not owned bythis company $39,200. Owing to the fact that possession wastaken Sept. I, 1880, only one coupon was paid upon the bonds.Hereafter the annual charge will b« $78,400 for bond interestand $10,098 tor rental.

"The total charges of the year for interest, rentals and taxeswere $610,728.

EXBNINOS AKD BXPBNSE8.

The ffTOSS earnings were $2,365,058The opeiatiiij? expensoa were 1,365,643

Leavinj: net $999,414Deduct abuve cliarge lor iaterest, rentals and taxes 610,728

Applicable to dividends on stock and improvements $388,686From ttiU 3 dividends of 1 "a per cent each have been paid 180,000

Leaving a surplus of $208,686

"The floating debt at date of last report was about $500,000.This was increased by purchase of 850 freight cars, at a cost ofnearly $450,000, and 13 locomotives, at a cost of $110,000.

"This company also agreed, as part of the consideration forthe lease, to carry the floating debt of the Cincinnati Lafayette& Chicago Railroad Company, amounting to $139,000. It also•dvanced a large sum to aid in the constrnction of the VernonGreensburg & Rushville IU.ilroad. It also agreed to advanceone-half, or $300,000, towards building a connection from Kan-kakee, on the Cincinnati Lafayette & Chicago lioad, to Senecaon the Rock Island Railroad.

"In order to provide funds for all the above, $2,000,000 ofnew stock was issued, by authority of the stockholders, andsold to the stockholders of record of June 30, 1881, at 70 centson the dollar. This gave $1,400,000, a sum which, witli the netearnings, was sufficient to pay all the above obligations and«xtinguish the floating debt. The condition of the propertyhas been fully kept up to its standard of excellence during theyear." * * *

"On July 1 the directors of the company made a contractwith the directors of the Vernon Grreensburg & Runhville liail-

road to operate the latter road for flvs years and pay interestapon its bonds, taxes and operating expenses, and carry, with-out interest, the debt due this company for material furnishedin the construction of the road."The annual interest U 7 per cent Tipon'$450,000—not an

excessive rental for 45 miles of road, and a very good contracttot tills company, considering the basiness we are therebyenabled to control for our main line." • » *

" It will be seen that the net earnings for the year were nearly^1,000,000—a sum sufficient to pay interest on bonded debt,rentals and taxes, and 6 per cent dividend upon the presentstock of f6,000,000. In addition to this we shall have theincrea.se that will come from the additional equipment we havepurchased, and the 87 miles of new railroad we are building.

" Since the close of the ye.ar, all through rates for freightand passengers have become demoralized, and average at the<late of this writing not over one-half what they were last year.Thus far, it has not seriously affected our gross earnings,owing to the immense traffic it has created. The crops in manyplace are short, but on the lines of this company are believ edto be above the average of the country."The comparative statistics made up for the Ckboniclb are as

follows:OPERATIONS AKD FISCAL RESULTS.

Operations—Paaoengers carried..Pusenger mileage..Rate p. pa««. p. mile.Preigiit (tns) iiiovBd.IVght (f iiB) mileage.At. rate p. tn p. mileSamings—

PassengerFreightHall, exp., rents, &e.

Total gross eamlnga.

1877-78. 1878-79. 1879-80. 1880-81.549.587 521,580 739,465 7.59,332

18,971.713 17,689,617 27,839,061 29,870,4962-ti7 ct«. 2-72 cts. 2-63 cts. 2-.52 cts.

157,135 540,315 1,180..504 1,255,98441,0<X),163 48,037,803 105,507.662 128,936,363

1-68 cU. 1-52 cts. 1-34 cts. 1-21 eta.

$ $ $ $493,985 460,432 564.551 680.469683,470 763,420 1,052,181 1,509,442131,632 118,849 144,510 166,147

1,309,037 1,342,701 1.761,242 •2,360,058

Opernlitiff KtfMnits—Malnt. of wny*Ao...Maliit. of iMiulpment.TraiiH|M>r(arn exp'a.TaxesMUcellaoeouaF

Total

Net earnings.

1877 78.$

237,832102,013403,:)4743,19227,016

814,700404,387

187H-70.$

21 1,-503141,253420,75235.4222.5,871

831,781

507.020

18711-80.

«313..59T202,829624,77534,82342,306

1880-81.

340.ail221,aM756,40937,0^4e,8m

1,178,129

491,487I,403,«6a961,400

• Inohidna F. F.4 M. and liar. Br. roads, and (;. I.. A <;. RR. for I o mod.t Miscellaneous Includes telegraph, stock kllle<l. lost and damaced

goods, Insurance, gratuities ana dainaxes and Ifnlon Depot.BAI.AMCB SHXCT, J|;nK 80.

X>r. 1880. 1881.C'onntnictlon and e<iuipmcnt •11,493,0.50 912,337,951Oldrluims 159,9.57Sundry railroad securities 87,071 205,261MatiriiilH and supplies on hand 01,724 fM,.585Dui; from sundry persons and aocounta 16.5.777 2-1.5.105Cash on hand £8,740 595.967

Or.Cin. Tiullanapolis 8t. I.. A Chic, capital stock .

Indianapiilix A (In. RR. Co.'s bom's of 1858...Cincinnati A Ind. RR. Co. 's bonds of 1862 ...

Do do 1867Do fimded coupons

Ind. Cin. A Laf. BR. Co.'s bonds of 1 867Do fundeil couiionsDo eciuipment bonds...

Ctn. Ind. St. L. A Chlo. Ist couiol. mort. bond*BHIh payable*AccountH paynblel , ,.Unpaid interest! --• --•-Due sundry persons and aocoimtsProllt and loss

$12,016,322 $13,539,171

$4,000,000 $4,000,0001,600,000 l.OOO.OOO400.000 499,000

1,501,000 1,43J,00044.800 31,800

3,800.000 2,790,00079,100187,000 68,000789,000 1,076,000261,900 1,392,19499.251 197,56669,542 125,64018.461 48,02267,261 275,947

$12,016,322 $13,539,171* Includes advances for account new stock to be ii»ued July 1, 1881.t Includes June payrolls and snppllo*, now paid.: Includes coupons due July 1, '80, and dividend due Jul;^ IS, now paid.

Lake Erie & Western.

{For the year ended June HO, 1881.)

This company's fiscal year formerly ended Sept. 30, bat nowends June 30. The following is from the report jast issaed:

EABMMOS AND EXPENSES.1879-80. 1830-81.

Gross earnings $1,056,500 $1,411,776Inerease.$335,216

291,527

$63l';89

Operating expenses, includingimprovementa, taxes, Ac 302.C75 1,094,202

Net earnings $253,884 $317,574

The earnings in 1880-81, in detail, were a8 follows :

Passenger $323,474Freight 979,632Mall 22,710Express 15,757Mileage 70,202

Total $1,411,776

The surplus over fixed charges has been applied to improT-ing the road. Of the operating expenses $45,269 were onaccount of additions to property.Since the issuing of the statement dated October 13, 1880, th«

extension from Fremont to a connection with the Lake Shore &Michigan Southern Railway at Sandusky has been completed,

and is now in operation. For the Durpose of building this

extension there were issued and sold ^327,000 first mortgagebonds, $600,000 income bonds and $700,000 common stocK,

wliich, added to the indebtedness of the company as stated in

the report referred to, would make the present liabilities, not

including the equipment certificates, which are being retired

as fast as they fall due, as follows :

Common stock $7,700,000First mortgage bonds i'ni-'^SutIncome bonds ...........••........••...•.•.••••• 3,083,000

Equipment certificates unpaid.$15,427,000

180,000

Total Indebtedness June 30, 1881 $15,607,000

Of the fund realized by the sale of securities above referred

to there remains on hand $75,000 unexpended.

The old and new lines comprised under the present organiza-

tion of the Lake Krie & Western Railway Company are as

follows : ^^Sandusky A Fremont Railroad. ,2ij}Lake Erie A Ix)ul«ville Itallroad *2iSIndianapolis A Sandu.sky Railroad ,55*5Lafayette Muncic A Bloomington Railroad.... 'VljiLafayette Bloomington A Mississippi Railroad 81-0

Total • 383-7

The equipment consists of 43 locomotives, 27 passenger,

baggage, mail and express cars, and 1,473 freight and other

cars J and the General Manager recommends that 1,000 freight

cars and 12 additional locomotives b« placed upon the road at

the earliest moment. The total number of passengers carried

one mile was 10,832,504, the average rate being 2 98 cents ;

total number of tons freight carried one mile, 92,168,263, at ui

average of 0995 cents.

The income and general acconnts are as follows :

ISOOME ACCOl-ST JUNK 30. 1881.By saleofSaBdoskyKx-tension Securiticii $887,590

Interest account 5,090Donation City of San-dusky 60,000

Earnlugs 1,411,774

To balance June 30, '80.

('peratuig expenses—Interest on 1st .M. boudii.

Int. and prin., rolling

stock certillcatesConstruction and equip.Sandusky Extension.

.

Balanea

$27,2681,094.'J02276,885

40,333

649,30376.464

$2,3<i4,457

502 THE CHRONKJLE. [Vol. XXXin.

GENERAL BAL»KCE SHEET JUNE 30, 1881.

Cost of road '...$14,623,006

Cost ot equipment 931,130Bank accounts 199.439Supplies on hand 104,035Due Irom agents 22,060Miscellaneous accounts 8,643Casli In hands of Treas-urer 61,637

Balance 18,579

$15,968,529

lAatnlUies.Capital stock $7,700,000Bondeddebt 7,727,000KoUing stock certifi-

catesAccounts payableUnpaid wages—June

rollsForeign K. E. balancesNew equip, charged tooperation

Accrued int. not due..

180,000113,109

61,3.i650,558

51,95684,550

$15,963,529

GENERAL INVESTMENT NEWS.

Atchison Topeka & Santa Fe—Southern Paciflc—TheLouisville Courier-Journal has the following :

" The junc-

tion of the Atchison Topeka & Santa Fe and the SouthernPaciflc railroads at Deming, New Mexico, which completed the

second through overland line between New York and San Fran-

cisco, was effected in March last. For the first month or twothe through freight forwarded by this route was light in

volume as compared with the older route. The business, how-ever, has been steadily increasing, and is now very considerable.

Mr. Stubbs, General Freight Agent of both the Central Pacific

and the Southern Paciflc, has, in a statement just made, given

the statistics of east-bound freight by each line separately,

covering the month of September. The quantity of throughfreight from California by both routes for thai month is givenin the annexed table :

Central Southernraciflc. Faclflc.

Prom San Francisco pounds . . 14,285,000 4.589,600From Sacramento 2,150,500 41,400FromSauJose 2,821,700 237,600From Stockton 26,600 27,200From Marysvillo 49,100 400From Oakland 951,600 502,500From Los Angeles 464,900

: Totals 19,284,500 5,803,600

"The total by both routes is 25,148,100 pounds, equal to

1,250 car-loads. There were 1,300 car-loads forwarded in

August. In September, 1880, there were 28,679,300 pounds for-

Vvarded."

Baltimore & Ohio.—The Somerset & Cambria branch,between Somerset and Johnstown, Penn., thirty-six miles, wasopened Nov. 3.

Central of New Jersey.—A meeting of income bondholdersof this road was held at the ofBce of Williatn Alexander Smith,No. 40 Wall Street, on Thursday, to take action to secure theback interest on their bonds. Over $500,000 worth of the bondswas represented, and a committee, consisting of Messrs. Put-nam, Smith, Squire and Burnham, was appointed to take suchsteps as they may deem advisable in the matter.

' Cincinnati Indianapolis St. lonis & Chicago.—The com-mittee appointed by stockholders of the Indianapolis Cincinnati& Lafayette Railroad to take action for the recovery of theroad from the new organization, have reported to the stock-holders that the matter has been compromised for |50,000. Thisis equal to 2 per cent on the stock after deducting the assess-ment. A dispatch received in this city, however, an-nounces that a new suit will be instituted at once to redeem theroad, in which fraud and collusion in the sale of the road to thecompany now known as the Cincinnati Indianapolis St. Louis &Chicago Railroad Company will be charged. This suit will bebrought by persons who will be likely to accept no compromisethat does not return the road to the stockholders.—JVew YorUWorld.

Cleveland Columbns Cincinnati & Indianapolis-Cincin-nati Hamilton & Dayton.—A suuersedeas bond to stay theexecution of the judgment of the Court of Common Pleas wasfiled in the Supreme Court Nov. 3. This will bring the litiga-tion to a standstill for a few days.

Connecticut Biver Railroad.—The annual report to theRailroad Commissioners shows total income of $826,161 ex-penses, including taxes, $590,110, net, $246,051, with rentalsamounting to $19,027.

EvansYille & Terre Haute—Chicago & Eastern Illinois.—The Chicago Tribune has the following :—"It has been hereto-fore announced that at the meeting of the directors of theEvansville & Terre Haute Railroad, held at New York, October25, Mr. D. J. Mackey, of Evansville, was elected President ofthat company. It was also stated at the time that this meantan abrogation of the lease of this property to the EasternIllinois. This prediction is now substantiated by an order justissued by President Mackey which retires the ofBcers of theEastern Illinois from the various positions they have held onthe Evansville & Terre Haute Railroad, and in their places ap-points new men. Mr. C. J. Hepburn has been appointed Gen-eral Superintendent, in place of 0. S. Lyford, resigned. Mr. G.J. Grammar will be General Freight and Passenger Agent. Mr!E. B. Morgan is appointed Auditor, in place of A. S. Dunham.Colonel Robert Forsyth ceases to be Traffic Manager of theEvansville & Terre Haute. Under the new management theEvansville & Terre Haute will be run independently, and neitherthe Eastern Illinois nor the Louisville & Nashville, both ofwhich have tried to gain control, will be showa any specialfavors; bat both roads will be treated alike. It appears that

the Chicago & Eastern IlliEois holds four-tenths of the stock of

the Evansville & Terre Haute, the Louisville & Nashville four-tenths and some Evansville parties the other two-tenths, whichgives the latter the balance of power. The Evansville parties

at first seemed to be inclined to favor the Eastern Illinois, andthrough their aid the latter obtained a lease of the property.

Bat the Evansville parties were so worked upon by the Louis-ville & Nashville people that they determined to go back ontheir former action and place themselves in control of the prop-erty,in which scheme they succeeded at the last annual election."

Galveston Houston & Henderson.—Messrs. Jay Gould andRussel Sage have been chosen trustees of this road, vice N. A.

Cowdrey and Joseph Rudd. Jr., and it is inferred that the roadis about to become a part of the Gould system. The road rur s

from Houston, Tex., to Galveston, 50 miles, and is important as

forming the connection of the International & Great Northernwith the Qnli.—Bailivai/ Age.

Gulf Colorado & Santa Fe.—The Fort Worth branch is openfor freight business to Cleburne, Texas, 317 miles from Galves-ton, and 99 miles from the main line at Temple Junction.

Metropolitan Elevated.—The counsel for Messrs. Burnham,Berry and other Metropolitan Elevated Railroad stockholders,who contest the legality of the action of the board of directors

of that company in modifying the Manhattan lease withoutconsulting the stockholders, opposed the placing on the NewYork Stock Exchange of the new " assented" stock. Thedirectors of the Manhattan, the New York and the Metropoli-

'

tan companies applied to the Committee on Securities of theStock Exchange to have placed upon the list what they termthe " assented" stock of the Metropolitan and New York com-panies—that is, the stock certificates upon which the directors

have stamped out and canceled the guarantee of ten per centdividends which the Manhattan lease calls for.

After hearing the application of Mr. Russell Sage and asso-ciates, the committee passed a resolution declining to recom-mend placing upon the list of the Exchange the stock of either

the New York or the Metropolitan Elevated Railroad Company,as stamped under the alleged amended agreement, until suchagreement shall have been ratified by the stockholders.The Metropolitan and New York directors afterward decided to

reopen the transfer books, which were closed withoutnotice, but to issue no certificates of stocks except those uponwhich the guarantee has been canceled. Both companies will

decline to pay dividends upon any stock except that which hasbeen so canceled.

Minnesota State Bonds.—A press dispatch from St.

Paul, Minn., November 2, saj'S : "The House of Representa-tives to-day passed the Senate bill for the adjustment of theold bonded debt by a vote of 77 to 29. The only importantamendment is one providing that the rate of interest on thenew bonds shall be not to exceed 5 per cent, instead of 5 percent absolutely. [The Senate has concurred in the amendment,and the bill now awaits the Governor's signature.] This will

permit the Governor in his discretion to issue bonds at a lowerrate if he finds that they can be placed on the market. At theelection next Tuesday the people of the State will vote on aproposition for setting aside the public lands to establish asinking fund for the payment of the State bonds."

Missouri Paciflc.—Following is a comparative statement ofearnings of the Missouri Pacific Railway Company and leasedand operated lines for the current year to October 21, comparedwith those for the corresponding period last year :

1881. 1880. Increase.Freight $8,942,942 $7,205,472 $1,737,470Passenger—Local 1,701,571 1,249,588 511,982Passenger—Foreign 835,841 879,321 '43,479Mails 285,470 211,338 44,131Express freight 194,141 151,141 43,000Miscellaneous 162,815 141,837 20,977

Totals $12,182,783 $9,868,700 $2,314,082

* Decrease.

New York Pennsylvania & Ohio.—The annual election ofthe New York Pennsylvania & Ohio Railway was held at Cleve-land Oct. 28. Rev. J. Lockington Bates, trustee, representingthe English creditors of eight or more million dollars, cast thevote which decided the electon. He voted for the followingdirectors: S. L. Mather, W. H. Upson, P. D. Cooper, J. F. Clark,John Tod, Jarvis M. Adams, Geoge Boyer, Henry B. Perkins,W. W. McFarland, Thomas Warnock, Robert Harris, W. W.Scarborough and W. J. McKinnie. Another ticket was offered

by Mr. Edsall, claiming to represent $14,000,000 of stocks anddebts of the old Atlantic & Great Western, but was refused onthe ground of non-registry. He then filed a long protest,

which is in brief a protest against the scheme of reorganiza-tion, under which the road lias been running one year. Thesheriff also served a notice of a new suit to be brought to test

the validity of the new corporation. After a consultation last-

ing about an hour. General Devereux, who has been Presidentand Receiver of the Atlantic & Great Western Company, andPresident of the New York Pennsylvania & Ohio Company,bade farewell to those assembled and withdrew, abdicating his

office. The other directors who are retired under this election

are H. B. Payne, J. H. Wade and R. P. Ranney. J. M. Adamswas elected President, J. F. Clarke Vice-President, and?. D.

Cooper General Manager.

Fhila<)elphia & Beading.— The McCalmonts have addresseda circular to the shareholders of the Philadelphia & ReadingRailroad for the purpose of defeating Mr. Gowen.

KoTKMBin 5, 1881.

J

THE CHllOiVICLE. 503

JTItc Ccrmmercial %imts.

COMMERCIAL EPITOME.Friday Nioht, Noveaber 4, 1881.

The mo«t conspicaoas feature in trade circlos the past weeknas been the increased disposition of holders of domestic prod-ucta to meet buyers, abmdonin^, for the present at least, theeffort to force a further advance in values, tjjme importantstaples have consequently declined, and the export movement,which had been seriously retarded, begins to show moreaotivitv. The money market has been spasmodically tight,thougn there appears to be no scarcity of loanable funds. Therains have partially relieved the drought on the Atlantic coast,and the weather lias bwome quite wintry west of the Alle-fhanies, frost bring reported as far south as Tezas, and snowhaving fallen in many places.

The following is a statement of the stocks of leading articlesof domestic and foreign merchandise at dates given :

Pork bbU.Beef tee. and bble.Lard teg.Tobacco, foreign bales.Tobuoco, domestic bhds.Coffee, Klo boge.Coffee, otbor bags.Coffee, Java, 4c mats.Sugar hhds.Sugar boxes.Sugar bags, &c.Melado lihds.Molassps, foreign hbds.UolaescH, domestic. . . . bbls.Hides No.Cotton bales.Kostu bblsSpirits turpentine bbls.Tar bbls.Kice, E. I bags.Klce, domestic bbls. and t«8.Liusecd bags.Baltpctie bags.Jute balesJute butts bales.ITanila hemp bales.

1881.<*«. 1.

19,881269

48,S4619,78047,81897,S9344,564114,97571,880

690732,000

632,9591,500

343,60084,27623,3194,3971,3209,500950

SiJ.OOO8,0002,300

32,0002.445

1881.Nov. 1.

2,5338757

44,70720.48446,268134,91748,771

118,00041,72910,t)97

534,59152

2.080500

250,600113.45618,7182,9201,360

23,800850

81.50011,3002,200

37,7005,262

18^0.Nov. 1.

28.1393,204

14,00825,67451,128

175,77096,600

1 12,75050,7757,676

1,120,0006,3742,2741,500

256,10076,73155,8003,923102

15,0003,200

56,80010.3004,500

57.80017,646

COTTON.FuDAT. P. M.. November 4. 1881.

Thk MoTronsTT of thii Crop, an indicated by out telegramsfrom the South t<)-night, is given below. For the week endingthis evening (Nov. 4), the total receipts have rea<rhed 216 685bales, against 2(«,y41 bales last week, lH4,r>;n bales the pravUmsweek and 185.05i) bales three weeks since; making the totalreceipts since the 1st of Stfptember, 1881. 1,882.393 bale*. SMinat1,642,064 bales for the same period of 1880, Hbowing a deereaiesince September 1, 1881, of 359,684 bates.

Receipt at—

Galveston ...

Indiunola, Sco.

New Orleans...

MobUeFlorida

SavannahBrunsw'k, 4c.

Cliarleston

Pt. Royal, 4o.

Wilmington ....

Moreh'd C.,4c

Norfolk

aty Poiut,4c.

New YorkBostonBaltimore

"biladelp'a, 4c.

Totals thisweek

Sal.

2.252

5,58

1,404

5,222

5,845

1,800

5,037

151

1,716

31

29,391

Jfon.

4.504

21,657

3,190155

7.811

7,556

1,915

1,221

4,794

3551,160

104

345

54,820

Tua.

1,260

5,500

2,756

5,26.)

4,705

1,500

6.617

282,344

9528

29.104

Wed.

2,954

1,972

1,348

6.915

5,034

1,224

4,443

431,700

3181,200

27,151

Thurt,

1,900

13,323

097

6,020

4,308

1,091

4,671

1632.067

1,343

35,983

FM.

3.077

1,170

10,879

2,376

4095,401

5,572

121

2,160

4,092

1,782

3741,193

634

Total.

15.947

1,170

58.92112.121

654.16.634

33,110121

9,6901,224

29,5341,782

1,119

10,180894

3,55S

40,236 216.688

For comparison, we give the following table showing the week'stotal receipts, the total since Sept. 1, 1881, and the stocks to-nightand the same items for the oorreeponding periods of last rear.

Rio coflfee advanced to ll^c. for fair cargoes early in theweek, but afterward liberal receipts caused some irregularity,and latterly the lower grades have been the best sustained, thebetter qualities showing some weakness; at the close, however,a somewhat steadier tone is noticeable. Mild grades have soldfairly at steady prices. Tea ha.s steadily declined at the auctionsales, Japan and Pingsuey green showing the most deprecia-tion. Rice has been in fair dfemand and steady. Spices havebeen quiet and not very steady. Molasses has been quiet ; anominal quotation for new crop New Orleans to arrive is 75c.Raw sugar has been quiet but firm ; refined has been less activeat a slight decline ; granulated closed at 9^c., crushed catloaf and oowdered, lO^ic, standard soft white "A," 9^c.Kentucky tobacco has remained quiet. Sales for the week

are only 250 hhds., of which 100 hhds. for export and 150 forhome consumption. Prices are nominally unchanged ; lags,6@7c.; leaf, 7^@14c. Seed leaf also rather quiet. Sales forthe week 2,103 cases, as follows : 700 cases 1880 crop, Pennsyl-Tania, 8>6@20o.; 53 cases 1879 crop, Penn.sylvania, privateterms ; 400 cases 1880 crop, New England wrappers, 20@35c.;250 cases 1880 crop, State. 10@lGc.; 600 cases 1880 crop, Ohio,4@13c., and 100 cases 1880 crop, Wisconsin wrappers, 10@16c.Also, 600 bales Havana at 86c.(<(|l 20.

Provisions have continued in their downward course. TheWestern markets have shown sharp declines and the lessenedexport and speculative interest have broken prices badly. To-day there was a better movement in lard ; prime Western onthe spot at 11-37}^c ; November options sold at ll-35@H-32Mc.;December, U-42J6@ll-37>^c.; January, ll-65@U-52>6c.; Feb-

\l''ni.l}'?'^®'^'^''^''"'A'?^^'''^^> ll'SOc-; April, 11-85C.; May,

1212^@119oc.; refined to the Continent, 11 •62>^c. Bacon,beef and beef hams have ruled dull and nominally unchangedI ork IS very dull and quoted weak on the spot at $17 50®f;Z 'V, ffo^'e™'^'" and December options, $17 50, and January,518. lallow weak and dull at 7%@8c. Scearine sold in a smallway at 1 1 ^c. Bntter has been quiet and rather weak. Cheese

fa*c* orirregular at ll^@13c. for good to prime State

There has been a continued dulness in naval stores, and pricesare barely supported. Spirits turpentine, .53^c. ; good strainedrosin, 52 52^, The Southern advices have been very weak,retroleum has continued to decline, in sympathy with theforeim and primary markets. Refined in barrels, 7J6c. ; crudecertificates sold to-day at 86o.@84c., closing 845/i@84Mc.ingot copper IS more steady at 18J^@18Mc. for Lake. Hopsiwf o'.f^.fn"*^

^^^^^y *n^ ^^"^ l>ad a fair export call; State.

Tr'^Sr^** 'a'tfriy been a better tone to the market for ccean

~^J? /"^S" j^'«« h»»e improved and a better movement is

riS^j fo-day grain to Liverpool by steam, 3?4d. ; cotton,

M ^r'^^V*""' ^'- 3^- P' ''bl- and 108. per ton ; bacon. 123.M.@l5s.j cheese, 15s.; gram to London, by steam, quoted 4J6d.;

n?in°.-HVH-"^/©fOs.; cleese, 258., grain to Glasgow by steamquoted 4d. asked ; grain to Bristol by steam. 4d.; do. to Ant-

n«r^,^"'earn. 4?6d:; grain to Cork, for orders, quoted 4s. 3d.

?7l;5 '.i"*?''^ ^ ^^avre, 3s. 3d.; refined in cases to Algiers,I7>4c.; do. to Trieste, 38. 8d. per bbl.

Ree4iptM to

November 4.

Galveston

Indianola, 4o.NewOrleauaMobile

Florida

SavannahBrunswick, 4c.

Charleston ...

Port Royal, 4c.WilmingtonM'bead City,4c

Norfolk

City Point, 4c.New YorkBoston

Baltimore

Philadelphia, 4c.

TQtal.

1881.

Thii Since Sep.

Week. 1, 1881.

15.947

1,176

58,924

12,121

6.54

36,634

33,110

121

9,690

1,224

29,554

1,782

1.119

10,180

8943,555

.. 216.08f

160,607

6,606

312,766

77,281

1.092

274,925

3,776

198,01010,513

44.586

3,997

178,51617,239

7,899

35,550

8,654

9.421

1,382.380

1880.

This Since Sep.

Week. 1, 1880.

28,671

67566,046

19,535

52944,16

9230,0501,159

7,439

1.712

34,299

11,486

3,111

1,110

5151,172

251.763

7t»,728181,1416,189

326,782 207,132

Stock.

1881. 1880.

1.612.064

101,651 26,3034,143

344,938 80,4403,057

259,848 93,94813,477 C0348,449 15,6407,696

226,652 45,17162,527

16,573 115,20720,690 3,4206,520 15,657

11,831 10,258

127,736

112,8833,494

19,060

51,161

83,0332,526

21,9996.549

093,602 702,572In order that comparison may be made with other years, woive below the totals at leading ports tor six sea.sons.give

Receipts at— 1881.

17,123

58.924

12,121

36.634

33,231

10.914

31,336

16,402

216,685

1880.

29.316

66,016

19,535

44,167

31,209

9.151

45.785

6.529

251,768

1879.

26,893

58,13016,00642,829

25,9435.025

33,13311.828

26,649

27,75511,069

30,225

28,910

9,982

29,63918,845

16,195

53,794

17,8.S8

31.7;

31.10310,338

33,106

4,625

26,93650,14323,52727,57128.&406,378

33,66112,749

Galvest'n,4o.

New Orleans.

MobUeSavannahCliarl'st'n. 4cWUm'gt'n, 4cNorfolk, 4o..A.11 others

Tot.thl; w'k.

Since Sept 1. 1382.380 1612,061 1447,222 1188,229 081.150 1220.797GalTaetou icsludes ludlauola; Charleston includes Port Ki)yul 4o •

WUmlagron Includes Morehead City, 4c.; Norfolk includes City Point, 4c.The exports for the week ending this evening reach a total

of 114,260 bales, of which 47,991 were to Great Britain, 10,152 toFrance and 56,117 to rest of the Continent, while the stocks asmade np this evening are now 693,602 bales. Below are theexports for the week and since September 1, 1881.

226,087

1878.

182,874

1877.

198,776

1876.

211,810

Export*

from—

GalvestonNew Orleana.

MobUerioiida

SavaonnhCharleston *..

Wllmlngtoo..Norfolk

New York....

BostonBaltimore. ...

PhUailelp>a,&i

Total

Total ISSO.

.

Wttk EiuMnfl Nov. 4.

Exported to—Ortat CorUI.

Brit'n. f^<"^ ntnt.

5,4?«

19,99'

4,703

7.530

803

«,SS4

2,a7i

15.0:8

8.837

8.C01

718

023

47.M1

8.M08.»ao

2.378

lO.lU

31,746

B,40O

1.893

8,067

3ftM7

64.4:5 i9.X»l 35.e«l 140.433

Tbtol

Week.

lo.iis

«7,4»;

868

83,20]

ll.WI

1,878

18.866

T,aS8

8.001

8,833

»i8

tuieo

From Sept. 1. 1831. to Kov. 4. 1881Exportfd to—

Oreot

Britabi. fr«nct

48,703

101.637

4,S3S

49,337

'Includes exports from Port Uoral, Ac.

3,073

38,4 1 a

8.«9Mi

10.018

8.800

80.418

70.0711

30.9M13.000

7,486

370.704 188.838

Contt.

10.811

38.880

41.0IM

30.880

1.431

6,888

18.888

1

11.83e

68

148308

147,763

Tbtat.

~6I,TW180,83s

«ejiBt

io.na63.781

8».»71

SOJ8086,885

7.618

"648,iS

504 THE CHRONICLK [Vol. XXXIU.

In addition to above exports, our telegranw to-niffht also «rive

ns the following amoants of cotton on shipboard, not cleared, at

the ports named. We add similar figures for New York, which

are prepared for oar special use by Messrs. Carey, Yale &Lambert. 60 Beaver Street.

On Shipboard, not clearedr-forLeavingStock.Nov. 4, AT- Great

Britain.France.

OtherForeign

Coast-vnse.

Total.

ITewOrleansUobile

16,774 23,316Not recNone.None.1,113None.None.

9,489elved ..

3,886 53,463 153,667

OnarlestonBavannabSalvestonKew YorkOther ports

8,4875,2004,6552,1007,000

12,00017,0002,^23300900

5504,5005,458None.3,200

21,03726,70014,049•2,62511,100

72,91153,74065.679112 58279,649

TotAl 44,216 24,429 42.512 17,594 128,976 538.228

* Included In this amount there are 225 bales at presses for foreign

ports, the destina.lon ot whiuh we cannot learn.

The speculation in co ton for future delivery has not been

active, and the fluctuations in valuations were confined within

comparatively narrow limits. There has been lets of mere

manipulation, but legitimate influences have asserted themselves

more effectively. On Saturday the indications that the yield of

the current crop, even at the reduced estimates now current, will

be sufficent for the wants of the spinners of the world,

caused some depression, which was increased on Monday, under

the very large receipts reported at the ports and at the principal

interior towns of the South on that day; but on Tuesday the

speculation for the advance revived, the crop movement being

gmaller and the weather at the South having become tad for

picking operations. On Wednesday, however, the market weak-

ened again, but the decline was slight, as Liverpool reports

were rather better. Yesterday (Thursday) there was a firmer

opening, on reports of bad picking weather in the Atlantic

States and a white frost in the Northern Belt; but the demand

was limited, and the close was again weak. To-day there were

advances of a few points, but no general activity. Cotton on

the spot has met with a moderate but general demand. Prices

remained unchanged until yesterday, when the low grades wereadvanced l-16@^c., the high grades advanced l-16c., and themedium grades unchanged. To-day the market was qniet at

ll%c. for middling uplands.The total sales for forward delivery for the week are 413.600

bales. For immediate delivery the total sales foot up this week6,988 bales, including 2.330 for export, 3,160 for consumption,1,398 for speculation and 100 in transit. Of the above. 100 bales

were to amve. The following are the official quotations andales for sach day of the past week.

Oct. 29 to

Nov. 4.

XTPLANOS. NEW ORLEANS. TEXAS.

Sat. niou -rue* Sat. Moa Taea Sat. non. Taen

Ordin'y.^lb e\ 8% S% P 9 9 9 9 9Strict Ord.. 9»i« 9-16 tf",^ a"]* »«I8 9»ifl 9»,8 9»1« 99l8Good Ord.. 1018 1018 1018 1038 1038 103b 1038 10% 10% .

Btr.G'dOrd 1068 105s lOSg 1078 1079 1078 10'8 lO'a 107bLow Midd*^Btr.L'w .Mid

ll^lR ll»l« U-'lfl Ifie ll^ieII1I18 lilt,.

ll''l8 117,8 117,nu;>« 11^1« 11' 8 1111,„ n"i« nilTfl lll'ie

Middling... U''» 1158 115S 11'8 1178 Ifs 1178 n'8 1178Good Mid.. IT'S ll's 1!'8 1218 1218 1218 I2I4 1218 1218Btr.G'dMid 1218 1218 1218 1238 1238 1238 123a 12% 12%Midd'g Fair 1258 125„ 1258 1278 1278 1278 1278 1278 1278Fair 1338 1338 13% 1358 135s 1358 1368 135S 136e

Wed Til. Frl. Wed9

Th. Frl. W^ed Til. Frl.

Ordin'y.^H) 878 S78 913 918 9 918 918Strict Old.. y-irt 9- IS 9', 8 y»i6 91I16 9"i« 99l6 9'iie 91'16Good Ord.. 1018 I014 1014 1038 104 1019 1038 IQia IQiaStr. G'd Ord 10=8 10iii8l0ii,e 1078 lOlbis loisie lO's 10l5i8 IOI616Low Midd'ti 11J,R I1»1« 113,8 ll'is ll''l8 ll^ia

Il"l8U'Jie 117,8 jll7,„

Btr.L'w Mid ll'is 11 18 ll'is iul,„ nii,8 lliiie llilTell''".Middlins;... 1158 1168 1158 117« 11 '8 irs 117,' IIV 1178Good Mid.. U'8 lUbl„ 1115l8'12l8 I23i8 123i8 12^9 123i„ 123i8Str. G'd Mid 1218 123,8 123,6 11238

121»i„127l8121*18

12% 1271812l6ie

i'27;121*18Midd'g Fail 1258 121Il6'l211,,i27g 1278

Fair '1338 il37i„ il37|„ ISSs 13iiie'131i,« 1358 1311,,, IsnlSSTAINED. Sat. jnon Taea Wed Tb. Frl.

Good Ordinary ip lb. 838 838 8% 8% 8I3 SI2Btrici Good Ordinary 933 933 938

101 18

9%lOlw

9 "3 9I2

103i8113l«

10'i«U3,e

101, «Middling

,y,i811»16 113,8

MARKET AND SALBS.

SPOT MARKETCLOSED.

SALBS OF SPOT AND TRAK8IT. FDTDRE8.

£1-port.

Con-tump.

Spee-uVfn

Tran-»it.

Total. Sales.Deliv-eries.

Bat..Mnn

Quiet and steadySuU

450 505950 342500 417

924538

430 434

201

688267

239

ibo

1,1591,2921,60.0l,'.i91

5381,103

57,70075,40066,60073,90071,00069,000

3001004(0700800

1.000mi1

QuietFinn at rev. quo.Dull

2,330' 3,lC0'l,3n8 100 6,98S 413,600 3,300

Tho dally duUvenei giveu above are aotually dellveroi the day pre-Tlous to tliat on which tUey are reported.

The Sales and Pricks of Futures are shown by the follow-ing comprehensive table. In this statement will "be trund thedally market, the prices of sales for each month each day, anaihe closing bids, in additioa to the daily and total sales.

ii'

(fi O 9 at

. ID ^-

9 •

a :

OD n » 5

7''o&|• S.S'5

; ~V^

O) n A P,

C on'

a;

ml110 §8?

I

OD(J, Hj

e®toB £.S>-5j »®«2. g6lo=B 3®"'^ ^»m5iS'-'bS 2'-'oo' P'^^«2 S'*-'a:a B-'i.o a—'-^-r

.15" <iO- " ifcO cJs" tio mo

1 1

1©:

1 1

IS:

1 1

l«:to

8 1 1 : 1 1: 1 1 :

I I

l«i:

I li

»:

I:'7'70

>-|— «i

o, at MMI»*

0,0,0oirx>

Iai*-

•--lOr-roCOD

o-

OiCi

I ®.®t^§ P

I6',-J

09 Otoscx.

wo» CJCi.

. toacjOtoco

12 1 SS

ODOD 00 00

Ieoo

MMCl

OJ-J 00^ -1^kcaco 05 O'^, CWtO1*u

1 S-1 VSTro r-o ^•-fo

-4-10tote i«.Oi ^^1

ODGC00,5I eio

ODCOO

K.CO

1 Sl.^

coOccto

ccto

O "i OCCQD

xcno

10Mo©6o »5 O "^

tOiC

CCC0

>-too

CT-tO

-I-J op r-

o oo o

COCn_i

»o^^oM — ,(,.

KtCo»-K)0

CO 00^

koro

I.TICOmmO

65I®cn

M'-'ciUtOo

cstotoco

I«».^

K>tO§cocio

rOtO

to to

totoatow5-I 03

14 to

to to^tO

I ©rtctootctoOGCO<

to to

to<—MOOI &rHMCOto too*ito®00 OP

to to

00-^

I ^,"MH-Oto too^toO<0tO

to to

to to

I ©50

ictpoto to©O'CD

to to

toto5

to to

COtt^

I e»|«

to too

to to

ecu

I ®rto toociwO

to to

cbto00 to

1 ©)^Ml-oto toowcjoOOD

to to

cou00Ietr*

tOtOoCJciOto to

to to

coco

I ^toioocojloen I-*

-1M <Jt

M

to to

ci<cJi

I «tOtOoCJiOiO

to too

to to

I ^to too

ooo

tooI e»

tOtOoCJtciiOCO

to too

10 Ui

to to

01 -J

I e»r

toto«

to.ol

to w I'l'rn ^0 M .

to, ;

Oil .

to to

CJiCD

I $to toodcS)0Oii

to to

(OOO

I ^>-* hto

, c

K to

I »totoc

to to

CJ«Oito —I ^t-'l-';©tOtOo

,_ p. h- r- ^ Mt-*to to to to to

1

to1

lOtO 1

-a^ 05 -q d>' c>l CJCJ, '

If CO 000 00 00 oto0, to SSIM

1 «i> 1 «; 1 «: 1 ® 1M . r* . >- tolOtOQ-j-'lO

tctOo '?1

:

>?i

:

y 1 1

-j-jo -)i -ji • d ' '

Uii- oto &9

(-Co

* Includes Bales in September, 1881, for September, 314,000; Octoberfor September, 1882, 600.

Transferable Orders—Saturday, 1155; Monday, ll'SO; Tuesday,11-55; Wednesday, II-S.t; Thursday, 11-55; Frid.-iy, 11-35.Short Notices for November—Saturday , 11-51 ; Tuesday, H-51®ll-55.

The following exchanges have been made dariog the week:44 pd. to exch. 400 Jan. for April,•65 pd. to exch. 200 Jan. for May.27 pd. to exch. 1 00 Feb. for April.400 Nov. s. n. 3d. for regular, even.'28 pd. to exch. 100 Nov. for Jan.•18 pd. to exch. 200 Dee. for Jan.17 pd. to exoh. 2,000 Dec. for Jan.

11 pd. to exch. 400 Nov. for Deo.•13 pd. to excli. 800 Mar. for April.•28 pd. to exch. 700 Nov. for Jan.-31 pd. to exch. 200 Jan. for Mar.-19 pd. to exch. 100 Dec. for Jan.-36 pd. to oxch. 300 Mar. for June.

The Visible Supply of C!otton, as made np by cable andtelegraph, is aa follows. The Continental stocks are the figure*

of last Saturday, but the totals for Great Britain and the ailoat

for the Continent are this week's returns, and consequentlybrought do-wn to Thursday evening; hence, to make the totals the

complete figures for to-night (Nov. 4), we add the item of exports

from the United States, including in it the exxxirts of Friday only:

1881. IS8O. 1879. 18'78..

Stock at Liverpool bales. 509,000 407,900 29ii.000 2S7,000Stock at London 46,000 42,-300 52,831 33,750

Total Great Britain Btook . 555,000 449,':00 348,331 320,760

or*:iiunK 5, I'V-i. THE CHRONICLK 605

at.-!*

HU>i'll

Bluok

1DSI.

»• n»vre bftlon. 1:11.1)00

I- Miir«.<lllwi 4 MOO.r.'4i|iili» .. :r>.HiH}

niHirK ^... 13.000.u«n H9.-S00

,11 Ain«l»\i'.|inil Hi tlOO

.il ltiitN>r<luiii 1. :<()•)

.il.VulwurH....— ;..... a. toolit otUor vuiiti'utul porta. 1.'>..'>V0

1980.

&a.3oo7.610

32.8003.700

21.50010,4001..^70081

12.300

1870.

82,020430

3.873l..%00

10,00017.31103,700

8,09 i

1878.

L15,.%001.7.'>0

7.0003.V)0

23.00032,AO00.7i502.7507,750

Tot«l ouiitlntMiiHl iioru... 2K2.3tfO 152,291 133,880 200.500

837.30099,000

30:1.000:<:t.ooo

(iii:!,';02

J 5 4.93 S10,000

001.40100,000

449.00029.000

702. 1 06204.75914,000

482.7U81.912

370.82744.285

5R5.993133.90550,000

521,250104,0003.'7.00027.0O0

483.073149.49814,000

Total Riiroiioaii HtookR.. ..

Imlla cotton ulioiit for Europe.Ann>r'ii oottim mUmi for Kiir'p«

t(y i)t.HriwLll..\;r..BlU for K'r'peBtocli in Uiiit<'(l HtulUH pons ..

-eiock In U. 6. Interior t)orM..

.

DalteU BUtBS nxixirts uv-dny..

Total vUlble Mupply 2,2J2.9»0 2,080.418 1,735,033 1,026.821Oftlieadove, tliaLol<il8of Amorluuuauaottierde«orlption0 area* followt-:

A mertcan—Uv.Tpool Htock 3i>9.000 278,000 106,000UintimMital 8tork» I'-M.OOO 09.000 40,000Aiupriiauiilloat fovEurolw.... 30.>.000 449.000 370.827Unlle.1 aialOH Htock 0!)::,tiOJ TO'i.lOO 58.1.993Dnlt<><\8iHt(<«intorlor dtwks.. 'i.-il.9:iH 201,7.59 133.905UiUte.l8taUJ9exportuto.day.. 10,000 14,000 50,000

Total AmerloBn 1.790,510 1,716,925 1,358,725 1,209.571Sat! hulian.Brcuil, <ee.—

UveriMM.I Htock 110.000 129.000 130.000 143.0O0Lomlon stock 40.000 42.200 .52,831 33.750ConllucutiU stock* l.T4,:iiiO 83,291 87.880 48. .500India alloat for Europe 9ii.oOO 60.000 81.912 104.00!)

Bgypt, Brazil. &c., atluat 33.000 29,000 44,285 27,000

•OBim raoH PLAjrrAnoa*.

. 442.300 3*3.491 398.908 350.250

.1,790,540 1.710.925 1,35S,725 1,209.571Total East India, &o ....

Total Amerlcau

Total visible snpply 2.232.900 2,060.410 1,755,033 1.625.821Price Mid. Upl., Liverpool .... u^sil. 6^«.. G\\. SHigd

XS" The imports into Ckintinental ports this week hare been

13,300 bales.

The above figures indicate an increase in the cotton in sight

to-night of 17^484 bales as compared with the same date of 1880,

AD Increase of 477,267 bales as compared with the corres-

ponding date of 1879 and an increase of 607,079 bales as com-

pared with 1878.

At TH8 ISTERioR PoRTS the movement—that is the receipts

and shipments for the week, and stocks to-night, and for th e

corresponding week of 1880—is set out in detail in the following

statement:

ITeeA: ending Nov .4. -81. Wtek ending Nov . 5, '80.

Receiptn. ShipiWls Stock. Reeeiptt. ShipmUn Stock.

10,357 0.3.55 21,515 11.337 7,052 17,412'Columbus, Oa... 5.814 4.202 lt),0(!5 5.570 3,782 13,886Hacon, Ga 4.429 3.527 9.719 3,985 3.097 7,937MontgoinVv.Ala. 5.491 5.103 9.911 4,432 4,408 11.440eelma, Ala 4.2.19 3,520 8.743 5.036 4,469 7,507Momphl.s. Tenn .

.

17,800 7,(i71 55,SS2 21.3'i4 14.825 47,958Nashville. Teiui. 3.855 1,728 lo.:!.S7 4.30 4 1,341 9.603Dallas. Texas. .

.

1,241 1,035 5,0li« 2.353 2,539 3.097Jelterson. fex. . 381 365 803 4,040 2,740 2.800fihroveport. La.. 2.>i44 2.806 8.121 2,605 1,520 7.9UVickaburf,', Miss. 7,005 6.728 9.000 4,702 3,785 5,501Columbus, Miss.. 1.749 324 IJ.OTl 1,022 007 2,28 7Eufaula. Ala.... 2.4S7 2.352 2.393 2.135 1,705 3, '227<Jrmin,0.i 2,259 1,349 5,'J3l 2,314 2,444 3,045Atlanta. Oa 9.108 4,310 21.005 0,074 5,410 16.010Rome, Ga 0.017 3,543 10,103 5,299 5,538 11.723Uharlotte, N. C.

.

1.815 1.405 1.000 1,301 1.423 410«t. UiuU. tin 17,194 12.945 48,299 15.217 11,435 27,312ClnoUiuati, O 11.505 11,191 4,918 9.984 9,881 5.573

Total, old ports.. 110,970 80,182 254,938 113,164 88.081 204,759

NcwbeTv. S C". 900 038 1.000 762 745 200KalelKh. ^f. C... 3.3it3 3,300 3.0i5 3,163 3.000 2,222Petersburi^. Va.. 1.901 l,-:09 2.r.i7 1.939 1,7 11 649Irouisvlllc. Ky...Little Rock. Ark.

1.419 031 3.875 l,4.:i 030 3,901I.S12 004 3.791 1,050 1,000 686

Breuliani. Tex... 030 1,370 1,616 1,340 1,214 1,870Houston, Tex.... 17,389 17,973 19.098 29,203 21.728 26,209

Total, new ports 27,805 26,045 35,202 38,938 33,034 35,803

Total, all 144,835 106,227 290,140 152,102 121,115 240.502

IFMk

The above totals show that the old Interior stocks have in-areased during the week 36,788 bales, and are to-night 50,179bales more than at the same period last year. The receipts atthe same towns have been 3,806 bales more than the same weeklast year.

Rbceipts from thb PLANT.'^TioPfs.—The foUovring table is

prepared for the purpose of indicating the actual movement eachweek from the plantations. Receipts at the ontports are some-times misleading, as they are made up more largely one yearthan another, at the expense of the interior stocks. We reach,therefore, a safer concliwion through a comparative statementlike the following. In reply to frequent inquiries we will addthat these figures, of coarse, do not include overland receipts orSouthern con.samption; they are simply a stateihent of theweekly movement from the plantations of that part of the cropwhich finally reaches the market through the out-ports

AU( 1»

M8«pt . %

.* ••• 16 ....•• «3" 3a

Oct. 7••

14"

«t,« ss

Not. 4

R—trtftUttPoiU.

Um. UM. 1881.

4.M:i

igmI8,t>90

soJ)J

I

T«,933

137,7W

ia0,4oo

ISI.TU

^14,481

248.SI3

«aso<)T

MMai.i»4S.08i

ai.in1«*,MSise.«is

i».esi

lOt.OM

810,807

236.341

254.830

110,433

ias,««fl

170.810

18B,0MI8I,^3I

m:i.24i

iSI,7Bi»'8e8S

Stock at IMnrior PirU BH'rUtnm PlMtflw,

lam.

*0,ftSM

8B.07S

46,7SS

7031a«4.oa* »/M

7.468

TJOl9,MS

40,714

M.80T88.018

81,887

05.W111.738

133,905

IIAO.

M,8e49T.1A8

91 ,770

HMOa8,0M61.0W78.180

ios.oea

191.89

1881.

89.744

88.138

8»,6»ll

43.«-«

B9,l«l

81, 19

1

101334

189.973

169.159

~s4,118

16,917

38,019

HUM\tHJM113.788

186,114

191,038

8,181

I9JW1

189.941

aa.44''

WM76

U8I.

16,611

I».087

4*MlSiWII TC,108

IISJ88|lO«.l«4

18

l59.7«3;tM6.aaB3M.3i13 7.311

lia.^O 31P.IS0 »».8eO 3«l,7tl

304.la9'3!H.>BS'»43.3f.llgi6Jiai38a.418

'.38,49t

UO,88a1M>M23IJ48811.461

8<9.30e

The above statement shows

—

1. That the total receipts from the plantations since Sept. 1 in1881 were 1,601.783 bales; in 1880 were 1,825,880 bales; in 1879were 1,573,826 bales.

2. That, although the receipts at the out-ports the past weekwere 216,685 bale.s, the actual movement from plantations w.v253,473 bales, the balance going to increase the stocks atthe interior poria. Last year the reeeipt» from the planta-tions for the same week were 276,851 bales and {or 1879 theywere 243.357 bales.

Wrather Reports bt Tblkoraph.—The temperature ha.t beenmuch lower during the past week throughout the greater por-tion of the South. Killing frosts are rejMjrted from some sec-tions, but there appears to be little damage except in NorthernTexas.

Oalve.iton, Texa.9.—It has rained hard on three days of thepast week, the rainfall reaching one inch and ninetj--'six hun-dredths. The killing frost this week wa.s confined to the north-ern third of the State. Average thermometer 67. highest 79,lowest 47. During the month of October the rainfall reachedten inches and eighty-one hundredths.Indianola, Texas.—We have had showers on two days the

past week, with a rainfall of nineteen hundredths of an inch.The thermometer has ranged from 48 to 80, averaging 66. Therainfall during the month of October reached five inches andtwenty-six hundredths.

Corsieana, 2'ea;a*.—Telegram not received.

Dallas, Texas.—The weather has been cold and dry duringall of the past week. We have had a killing frost on one nightthis week, covering all of northern Texas, where, it is claimed,the plant has been killed. The thermometer has averaged 54,ranging from 39 to 75. The rainfall reached nine inches and .

sixty-five hundredths during October.Brenham, Texas.—The weather has been cold and dry dur-

ing all the past week. We have had a frost this week, butnot a killing frost. Picking is progre-ssing finely. The ther-

mometer has averaged 60, the highest being 77 and the lowest44. During the month of October the rainfall reached fourinches and twenty-five hundredths.New Orleans, Louisiana.—We have had rain on four days

of the past week, the rainfall reaching one inch and eightyseven hundredths. The thermometer has averaged 67.

Shreveport, Louisiana.—Telegram not received.

Vioksburff, Mississippi.—It has rained on three days dnrinfthe past week. We have had a frost this week, but not a killing

frost.

Columbus, Mississippi.—It has been showery on one day ofthe past week, the rainfall reaching thirty hundredths of aninch. The thermometer has averaged 71, the highest being 81and the lowest 59.

LitU^e Rock, Arkansas.—The weather has been cloudy onthree days of the past week, with rain on two days, and theremainder of the week has been clear and cool. The rainfidl

reached eighty-six hundredths of an inch. The thermometerhas averaged 58, ranging from 39 to 74. Durinc the month of

October we had rain on eight days, and the rainfall reached fourinches and twenty-seven hundredths. The thermometer rangedfrom 39 to 92, and averaged 66.

Nashville, Tennessee.—It has rained on six days iuring thepast week, the rainfall reaching three inches and forty hun-dredths. We had a killing frost last night. The thermometerhas ranged from 43 to 73, averaging 60.

Mobile, AZafta/na.—Telegram not received.

Montgomery, Alabama.—Wd had rain on four days theearly part of the past week, but the latter portion of the weekhas been clear and pleasant. The rainfall reached two inches

and thirty-six hundredths. We had a light frost last

night. The thermometer has averaged 64, the highest being 75and the lowest 46. The rainfall reached two inches andseventy-two hundredths during the month of Octolier.

'Selma, Alabama.— It has rained on three days the latter

Eart of the pa.st week, the rainfall reaching two inches and ten

undredths. The thermometer has ranged from 38 to 74, aver-

aging 61.

Madison, Florida.—"We have had rain on two days duringthe past week. The weather has been Uw cold. We have hada frost this week, but not a killing frost. It is believed that

about ninety per cent of the crop has been marketed. Thethermometer has averaged 59, ranging from 48 to 70.

Macon, Georgia.—It has rained on two days during the past

week. We have had a killing fruat this week. The thermome-ter has averaged 63.

Columbus, Georgia.—We have had rain on three da^ daringthe past week, the rainfall reaching two inches and thirty-three

hunoredtha. We have had a killing frost this week. The ther-

506 THE CHRONICLE. [Vol. XXXIir.

mometer has averaged 68, ranging from 50 to 78. During the

manth of October the rainfall reached two inches and thirty-

three hundredths.Savannah, &eorgia.~U has rained on three days of the pa-st

week, and the balance of the week has been pleasant. Therainfall reached eighty-seven hundredths of an inch. Average

thermometer 71, highest 82 and lowest 52.

Augusta, Georgia.—^e have had heavy general rain on two

days of the past week, the rainfall reaching one inch and flfty-

nine hundredths. We had a light frost this morning, the first

of the sea.son. Crop accounts are more favot^ble. The top

crop is developing promisingly. The frost had the effect of

opening the bolls, and with present good weather it is expected

that the product will be very fair. Picking makes good progress,

and the crop is being marketed freely. It is claimed that about

three-quarters of the crop has been picked, and about one-third

has been marketed. The cause of the large receipts this week is

that planters are sending their cotton forward so as to payguano claims. Average thermometer 68, highest 82 and lowest

47. Rainfall for the month of October two inches and thirty-

three hundredths.Atlanta, Georgia.—It has rained on two days of the past

•week, the rainfall reaching two inches and forty-one hundredths.We had a killing frost this morning. The thermometer hasranged from 43 to 77, averaging 64.

Charleston, South Carolina.—It has rained on three daysof the past week, wit)) a rainfall of fifty-four hundredths of aninch. Average thermometer 71, highest 82, lowest 55.

The following statement we have also received by telegraph,showing the height of the rivers at the points named at 3 o'clock

November 3, 1881, and November 4, 1880.

Hbw OrleaM Below high-watermark .

.

Memphis Above low-water mark...HashvlUe Above low-water mark...Bhreveport Above low-water mark . .

.

Tloksbure Above low-water mark...

Nov.Feet.

10174

1423

3, '81.Inch.

79285

Not. 4, '80.

Feet. Inch.

13 95 1C 55 8Missing.

New Orleans reported below high-water mark of 1871 until

Sept. 9, 1874, when the zero of gauge was changed to high-watermark of April 15 and 16, 1874, which is 6-10th3 of a foot above1871. or 16 feet above low-water mark at that point.

C!oTTON Consumption and Ovekland Movement to Novbmbek

1.—In our editorial columns to-day will be found our usual

Overland Movement brought down to November 1.

Nbw Yoek Ck)TTON Exchange Membership.—All the fifty

applicants for membership enumerated in our last week's

edition were, as anticipated, elected by very large majorities,

and the Exchange has thereby, with other recent elections,

received an accession of 101 new members. This sudden

increase would seem to create in the minds of some the fear

that extension might be carried too far. A petition has there-

loro been gotten up this week to the Board, asking the submis-

sion to the members, at an early day, of the question of limit-

ing the membership to the present number, and of repealing

the by-law which authorizes sales of memberships at $10,000.

This petition has, we understand, received signatures fully suffi-

cient to be acted on by the Board.

We await with some curiosity the result in case the proposed

repeal should be put to the vote of the entire Exchange, for it

would be of interest to know whether the by-law in question is

generally looked ujion in the same light as indicated by the

petitioners to the Board.

Texas Cotton Crop.—The Galveston News takes exception to

our statement of the cotton production of Texas for 1880-81,

and gi.ve9 the following as its own estimate, and the grounds

for its estimate:Bales.

Houston & Texas Central, transported 435,457Galveston Harrlsburg & San Antonio ; 98,381International & Great Nortboru 241,836«uU Colorado & Santo Fe 61.619Texas Wustein 2,581Texas &Pacitlo...f 236,612Missouri Pacific 30,101Texas & St. Louis 27,872Texas & New Orleans 12,596Gulf Western Texas* Pacific 15,060To Sbreveport by wagon 24,000Crosted to MuxiiCrossed tbo Sabine to Lower Kcd River..Corpus Clirisli cottonBouston lociU wagon receiptsOalvestou ri'ceipts by small water-craft.

,

Houston East &. Wust Tuxus (estimated)..East Texas RailroadludinnolaGalveston Houston & Henderson Road. .

.

,0003,600125

4,0154,4654,176293324134

Total 1,260,247

We can only say with regard to the above that we think the

railroads, in making their returns to the editor of the Neios,

must by mistake have duplicated some of the cotton—the same

cotton passing over and appearing in the returns of twq roads

—

or else the roads received a part of it from the adjoining

States or Territoriei'a. The latter might be true, and yet the

toads not know it, for the cotton is often carried long distances

to the nearest station. This view seems to us almost assured

when we remember that the Census returns credited Texas with

but 801,090 bales for the previous crop. Before the publication

of the Census returns, we also reached the conclusion that the

Texas production was larger than the Census report gave it,

and so estimated it in our tables at about what the News nowhas it. Still, on a review of all the evidence we could get, weconcluded to make the revision. We have not, however, anyspecial attachment to the estimate we made—for it is only anestimate—and will gladly change it, if proved wrong.

Jdte Butts, Baooino, &c.—There has continued to be a fairdemand for bagging, and lots are moving quite freely. Nolarge transactions are reported, but we hear of 1,000 to 1,100bales. Holders have not changed their prices, and are not dis-posed to quote under 9^0. for 1^ lbs., 10>^c. for 2 lbs., ll^c.for standard qualities. Butts have been quite active, andsome business has been done, both for spot and to arrive. Dur-ing the past month the sales aggregated 30,000 bales at 2 9-16@3e., paft spot and part to arrive, and few parcels have been

Elaced since our last at these figures. The market closes witholders asking 2 9-16@3c. for paper and bagging grades.

Cosiparative Port Receipts and Daily Crop Movement.—A comparison of the port movement by weeks is not accurateas the weeks in different years do not end on the same day of themonth. We have consequently added to our other standingtables a daily and monthly statement, that the reader maycoastantly have before him the data for seeing the exact relative

movement for the years named. The movement each monthsince September 1, 1881, has been a.s follows:

This statement shows that up to Oct. 31 the receipts at theports this year were 176,890 bales less than in 1880 and27,771 bales more than at the same time in 1878-79. By addingto the above totals to Oct. 31 the daily receipts since that time,we shall be able to reach an exact comparison of the movementfor the different years.

1881. 1880. 1879, 1878. 1877. 1876,

rot.8ep30 422,057 453,478 333,643 238,848 93.272 236,868Oct. 1.... 19,012 35,186 20,785 23,599 13,941 8.

" 2.... S. 31,901 21,495 23,233 9,741 30,714" 3.... 36,637 8. 35,016 17.537 12,179 15.021" 4.... 27,147 39,031 25,784 24,181 10,720 19,854" 5.... 25,535 33.555 . 8. 22,862 12,903 19,197" 6.... 23,398 25,374 37,355 8. 10,210 22,115" 7.... 39,081 25,161 25,309 25,800 8. 19,217" 8.... 33,710 44,049 21,335 21,369 13.609 8.

" 9.... 8. 30,586 23,504 21,966 21,523 32,049

"10.... 42,480 8. 35.621 22,539 19,301 24,533

"11.... 24,839 33,937 ?1,819 27,622 18,399 20,722" 12.... 26,969 37,697 8. 23,343 21,302 18,95*"13.... 26,244 34,515 41,177 8. 14.875 20,318" 14.... 30,805 33,776 27,876 . 26,102 8. 19,812" 15.... 26,144 39,836 26.622 29,014 35,142 8.

" 16.... a. 44,637 23,825 27,764 21,081 33,513" 17.... 43,315 8. 40,395 20,519 20,815 21,031" 18.... 21,811 38,729 34,763 31,161 21,359 27,821" 19.... 23,252 37.058 8. 22,510 23.632 21,796" 20.... 33,861 35,650 43,101 8. 21,673 21,313

"21.... 36,115 31,901 32,554 34,634 8. 26,617

."22... 30,998 48.366 25,507 22,873 30.656 8.

" 23... 8. 33,713 35,566 23,157 27,171 38,824" 24.... 42.651 8. 42,970 25,275 26,606 25,325" 25.... 26,415 50,187 26,134 33,787 22,093 23,574" 26.... 33,291 35,115 S. 22,739 29,489 29,176" 27.... 24,810 35,110 50,407 8. 27,118 28.761

"28.... 45.076 33,513 41,056 32,576 8. 28,715" 29 ... 29.391 61,192 27,552 24,936 34,191 8.

"30... 8. 36,500 39,450 21,042 31,020 44,564" 31.... 54,820 8. 60,114 27,821 27,921 32,532

rot.Oo.31 l',j49,906 1,426,796 1,222,135 978,112 678,959 912,123

NOV.I.... 29,101 46,511 30,704 27,213 31,773 28,119" 2.... 27,151 37.897 8. 21,843 29,165 35,041

" 8.... 35,993 33,538 40,110 8. 33,775 32,987" 4.... 40.236

1,382,380

41,635

1,58^400

38,310 30,961 8. 26,392

Total l,337,28y 1,033,167 773,672 1,034,267

Peroentage of total

port reo' Ots Nov. 4. 2700 2673 23 79 1780 23 61

This statement shows that the receipts since Sept. 1 up to

to-night are now 204,020 bales less than they were to the sameday of the month in 1880 and 45,091 bales more than they were

to the same day of the month in 1879. W» add to the table

NOTRMBBR 5, 1881.) THE OHRONICLE. 507tht) p«rot«ntagM of toUl port raoeiptd which had be«a reoeived to17<)Temb«r 4 id eaoh of the yenra named.

InDi* Ovrros Movsmbst prom all Pobt3.—The fl(?ure8 whichare now oollncted for us, and forwarded bv cable each Krida/, ofthe Hhipmeubi from Calcutta, Madra<<, Tutioorin, Carwar, Ac,enable uh, in connection with our provionslr-reoeived report froiij

Bt>mbay. to fiirnLsh our readers with a full and complete Indiamovement for eauU weelc. We lirst pive the Bombay statementfor the week and year, briiiging the flgure* down to Nov. 3.

iiOUBAT BCOatPT* AHD SBIPMCNTS rOB ^OB TBABa.

rear

1881188018791878

SMpmenIt lh%i toMk.

Orrat Oonli-Vrit'n. nenl

3.000

2.000

4.0003.0003.0001,000

Total.

7.0003.0003.0003,000

SMpTittntt line* Jan. 1.

Oreat Oonti-Britain tient.

317.000aco.ooo2.^>2.000

31!>.000

Total.

560.000 877.00050:!.000 863.000357.0001 009.000S'.U.OOOI 713,000

ReeeipU.

TMiWeek.

15.0004.0004.0004.000

SineeJan. 1.

1.204.0001.100.000832.000878.000

Aocordiuc^ to the foregoing, Bombay appears to show anincrease compared with last year in the week'H receipts of 11,000bale.s, and an increane in suipmenta of 4,000 bales, and theshipments since January 1 show an increane of 14,000 bales.The movement at Calcutta, Madras, Tuticorin, Carwar, &c., forthe same week and years has been as follows.

aiMDTT*. MADRAS, T(rr[aOBIH,0AaWA.R. RAWOOOK AND KITRRACHBn.

Shipments this week. SMpmentt tinee January 1.

Year. OrealBritain.

Conti-nent. Totai.

OreatBritain.

Conti-nent.

Total.

1878.":.":i.ooo4,000

2,000 2,000

i,0004.000

203.000207,000207.000137.000

78,00082,000

108,00069.000

281.000289.000315,000200,000

The abore totals for this week show that the movement fromthe ports other than Bombay is 2,000 bales more than for thesame week last year. For the whole of India, therefore, the totalshipments this week and since Jan. 1, 1881, and for the correspond-ing weeks and periods of the two previous years, are as follows.

KXPORrS TO BCROPB FROM ALL DfDIA.

SSipmentito all Europe

from—

BombayAUoUicrp'rU.

Total

1881.

Thisweek.

7,0002,000

SineeJan. 1.

877,000281,000

9,000 1.158,000

1880.

Thisweek.

3,000

SinceJan, 1.

863.000289,000

3.000 1.152,000

1879.

Thitweek.

3.0001,000

4.000

SinceJan. 1.

609.000315,000

924.000

This last statement affords a very interesting comparison of thetotal movement for the week ending Nov. 3, and for the threeyeara up to date, at all India ports.

.^BXaiCDRiA Receipts and SHiPstsirra.—Through arrangementswe have made with Massrs. Davies, Benachi & Co., of Liverpooland Alexandria, we now receive a weekly cable of the movementsof cotton at Alexandria, Egypt. The following are the receiptsand shipments for the past week and for the coiresponding weekof the previous two years.

Attxandria, Egypt,ffot. 3.

BeoeipU (oantarg*)—Thia weekSinoeSept. 1

1881.

150.000622.5.50

Bgiorto (bale*)—TO Liverpool....ToCoutiuent ...

Total Europe.

Thit airuieweek. Sept. 1.

10,0003,023

13,023

30,5007.583

33.083

1830.

160.000445,500.

1879.

200.000940,000

Thi* Since Thit Sinceweek. Sept. 1. week. Sept. 1.

1.372

0,372

8.000 23,0004.982

32.932' 23,491

18.0007,491

59,01618,425

78,031' A oantar Ig 08 Iba.

This statement shows that the receipts for the week endingNov. 3 were 150,000 cantars and the shipments to all Enrocewere 13,023 bales.

^MANOHMTEa Market.—Our report received from Manchester

to-night states that the market is steady for both twist« andshirtings. We give the prices of to-day below, and leave previousweeks prices for comparison:

S6jpt2

" 16" 23" 30

Ool. 7" 14" 21" 28

Not 4

1881.

32« Cop.Ttoitt.

d.

87«»

9 «

9 «9 «

9>9a

d.

9>«9\»H9%90syia0\

8<4»(.Shirlinfft.

d. 8. d.5>«a7 8»s5'a»7 Sij5ia»7 Sis6 asC 936 986 98

9%a 9^

®3

CoU'nMi'l.Upds

d.015,87'4

7H71i6e^g6Tig638

638 I

1880.

32» Cop.Ittitl.

d. d.9>8 » O^e9'8 » 9T89'9 » O^e „!m» 9^8 8OH* 9'8ills m 0\Ok® 9'e!)a8 9l0>«938 aio^9H 910

8 "4 Ibt.

Shirtings.

d. 8.

9 979 ®79 ®79 977'3977 978 979 93

9898

OoU'nMid.Upldt

d.7

'186i3,e6"i(,6%6H6\

Tub Expoets op Cotto.i from New York this week show adecrease, as compared with last week, the total reaching 7.932bales, against 7.978 balas last week. Below we give ou? u-inaltable showing the exports of cotton from New iTork. and theirdirection, for each of the last four weeks; also the total exports

rh. tT.V.Tf"'".?:'"*'*'September 1, 1831. and in the last oofumncue total for the same period of the previous year:

BxroBTS or Oottoh (bal—i raoM TKuw Yobk tiKoa Bipt. i. lasi.

Bxported to—

LiverpoolOther Ilrltlah porta.

Total TO Qrbat Britain

SavreOther French port*

Total Fbbhor

Broiiion and Hanover .

IIaiiiiiur><

Other ports :

Totalto North. EBBomSpain. Op'rto, aibralt'r,<fcoA.11 other

Total Spain, <fco

Orand Total

Wt4k mullnif—

Oel.

12.

7,524700

8,221

1,541

1,628200250

2,078

Oct.10.

6,096aoo

e.8»6

731

Oct.

aa.

4393200

How.2.

3,336501

Totalitnee

Sept. I.

784

1,480100

1,530

11.843 8,579

5,101 3,837

8,872

4001,000150

8,372

1,023300300

2.450 1,323

337

337

7,w78l 7.932

08.8202.150

70.970

16,643

10,613

8.(i53H.2071.150

18,021

337

337

09.971

93.1671.700

01,867

11,055

11.059

335

124.703Thb Pollowito ABE THE Rbobipri OF CoTTo.x at New Yoit.

Boston, Philadelphia and Baltimora for the past week, atdsince September 1, 1881:

Receiptsffew York.

| Boston. 1 Philadelphia. Baltimore.

from— This1

Siticeweek. \Sept. 1.

Thit Sineeweek. Sept. 1.

Thitweek.

SineeSepl.l.

Thitweek.

sineeSept. 1.

m. Orl'ausTexas....SavannahMobile...Floiidft . .

S.Car'IinaN.Car'linaVirRinla..North. pt«Toiin..&c.Foreign..

7,877

13,906

'i'.g8,0312,5236,087

711.119

00,33531.75767,457

i'.iso38.15913.20041,8I!9

1.1457.399879

::::::

1,312

2,4bj6,6224,533

siooi

::::::

12,05528.04314,760

1,142

::::::

i',414 4,389

13.855

5,406

ode1.2243,353

'd'28

14,7id

6.7563,043

18,93852

3.853

This year. 40,713

47.802

264,139 14,926 57.762 2,556 11,420 48,846

Last rear. 261.8 14 ! 10.34

1

42.521 2.244 13.523 0.r,32 52.7.56

300200

19,310

8,5443.00O

Shippino News.—The exports of cotton from the UnitedStates the past week, as per latest mail returns, have reached86,560 bales. So far as the Sonthem ports are concerned, theseare the same exports reported by telegraph, aud published inthe Chronicle last Friday. With regard to New York, weinclude the manifests of all vessels cleared up to Wednesdaynight of this week:

„ „ „ ,. Total lialet.New York—To Liverpool, per steamers Arizona, 834.... City ofChe ter. 580. . . .City of Rome, 330. . . .Delambre. 1.563. .

.

Parthia, 23 3 336To Hull, pel steamer Marongo, 501 '501To Havre, i)or steamers Ainerique, 770 Labrador, 1,802 '. 2,572To Bremen, per steamers Habsburg, 210 Uaiu, 813 1.023To HamburK. per steamer Frisia, 300 [lTo Am9tera;mi, per steamer PoUui. 200

Kbw Orleams—To Livorpooi, per steamers City of Bristol, 6.100....Juana, 2,950.... Quebec, 5,060. ...St. Albans, 5,200. .

To Havre, per steamer Nctley Abbey, 4.141. . . .por slilp Cres-cent City. 4,403 . »

To Bremen, per steamer Kronprinz Priedrich Wilheim, 3,600To Reval, per steamer Amy Dora, 5,101 9,T6iTo Barcelona, per bark Cristina, 200 2OOTo Genoa, per brig Aurora, 863 g^sTo Vera Cni7., per steamer City of Merlda, 729 : 729

Charlbston—To Liverpool, per steamer Enohantress. 3,914Upland aud 52 Sea Island 3,966

To Bremen, per steamer Brantford <;ity, 6,039 1 0.039To ABistardam. per bark Maramino Oalatoli, 1,200 1.200To Barcelona, per steamer Aurora. 3.4O0 per bark Val-paraiso, 3,000 per brigs Juanito, 750 Vllasiir, 510 ... 7,060

Savannaji—To Barcelona, per bark Virtuosa, 1,500 Upland 1.500Tkxas—To Liverpool, per ship Kook City, 2,100 per bark

Roma, 2,104 4,204To Vera Cruz, per bark Kainan, 1,035 1,035

Wii.MiNaTON—To Liverpool, per brig Atlanta, 1,192 1,198Norfolk—To Liverpool, per .tteamer Lisoard, 5,300 5,300Baj.timobe-To Liverpool, por stitamerg American. 914....

Qraola, 500 1,414To Bremen, per steamers Braunsohweie, (additional) 400

....Leipulg, 2,295 8,695BO8TOK—To Liverpool, per steamers Qlainorgan, 1.723. . .litrian.

1,232.... Palmyra, 420 3,331PHiLAJ>Bijriiu.—To Liverpool, per stoauier LordCUve.OOS 695

Total „ „... 80,560The particalars of these shipments, arranged in oar osoal

form, are as follows:Bremen Atnt-

Liver- <* Uanv- ter-

pooU Havre, burg. dam. Setal.3,336 2,572 1,323 20019,310 8,544 3,600 5,1013,966 0.(j39 1.300

New York..N. Orleans.Oliarlostoii

.

Savannah

Barce-lona.

rerctOrue. Total.

7.988200 729 38.347

7,660 18,8651,500 1,500

To.'caa 4,204 1,035 5,239Wilmington 1,108 1,192Norfolk.... 5,300 5.300Baltimore.. 1.414 2,«0S 4,109Boston 3.381 3.881Philadolp'a 095 693

Total... 42.703 11.116 13,6.>7 1,400 5.101 0,360 1,761 B6.S60Inoluded in tho above toiftis are, rrom Now York to Dull, 501 bales

and from New Orleans to Gi^uoa, 863 bales.

Below we give all new.^ received to date of disasters to vessalscarrying cotton from United States ports, etc.:

IIamstnbm, eteam&rfBr.). from Charleston, arrived at Liverpool Octo-ber 26. Sho had lost Ilfo-boat and austalned other iiunmgo on thopassage.

LisCABU, (teamer (Br.) Farmer, wbloh sailed from Norfolk, Oot 23, forUverpool. pat into St Sohnx, r(. F., Oct 31. fUie lost tJiroe bladea

508 THE CHRONU^LE. IVol. XXXUI.

of her propellor by strikiug a los at the inner edge of tjie Gulf

Stream. She would ship a new propellor as soon as possible and

Macedonia! s™anrer^("l5i\f.Vatson. from Charleston, at Liverpool, Oct.

27 had boats smashed and sustaini-d other damage <m the passage.

RiroKNT stpamiT fBiM. before reported, from New Oiieans for Liverpool,

which put into tlivlifax, N. 8.. Oct. 2t, with cargo shifted, restowed

same aud sailed theuce, Oct. 25, for destination.

Cotton freights the past week have been us follows:

Satur. Hon. rue*. Wedne*. Thurt. FH.

Llverjiool, steam d. 632314 6,2® 14 63,314 63a® I4 632® I4 633®MDo gail...d. —

Hayre, steam e. '16* hi' 'l»' Tie* 'is* '16*

Do sail c. .... — —Bremen, steam, -c. asa'is 383716 383T,e HStie 38»7ig 3e®'.«

Do sail c. — —Hamburg, steam.d. 'is Jio •u ^18 '18 '16

Do sail.-.d. — —Amst'd'm, steam.c. »1« »ie »10 »1« »ifl »uDo sail...(f. — —

Baltic, steam.... rf. % 38 % % % 38

Do sail e.

* Compressed.

Liverpool.—By cable from Liverpool, we have the following

sliatement of the week's sales, stocks, &e., at that port:

Sales of the week bales.

Of which exporters t«okOf which speculators took..

Sales AuiericauA t^tiial exportForw.ardcdTotal stock—KstiiuatedOf which Ainericau— Estim'rt

Total import of the weekOf which American

Amount afloator which American

0-.L H. Oct. 21. Oct. 28. yov. 4.

70,000 79,000 91,000 77,0003,300 2,900 9.800 8,2001,5S0 2,500 4,100 5,700

56,000 61,000 71,000 CO.OOO4.700 4,200 3,50C 5,7006,200 8,000 4,200 14,1100

.501,000 542,000 533,000 509,0004.'i8,000 415,000 416,00(1 399,000.54.000 37,000 75.000 61,00028.000 22,500 GS.OOO 49,500

204,000 235.000 202,000 202,000162,000 195,000 164,000 161,000

rue toue of tli« urertioul inarlcet for 8i>i

week ending Nov. 1, and the daily clos

*<«qn as follows:

>Ds and futures eaoU day of theHig prices of spot cotton, have

Spot.

Market, }

12:30 P.M5

Mid. Upl'dsMid.Orl'us

SalesSpcc.&exp.

Sahtniay MoiuUiy. Tuesday. Wedn^. Thund'y. Fndaij

Gooddemand.

67i„6 '-4

12,0>)01,000

Mod. dem.freely

supplied.

«'1661a

10,0001,000

Dulland

easier.

O'Jia

8,01)0LOOK

Mod. lull.

freelysupplied.

eagOla

10,0001,000

Steady.

63861.J

12.0001.000

Steady.

6386I3

12.0002,000

F:itu)et.

Market, )

12:30p.m.j

Jlark-t, I6 P. M.

J-

Quiet.

i)u:i.

Uuli.

On-!.

Steady. Firm.

FSr;n. Steady.

Firm.

Firm.

Ouietbut

steady.

Firm.

The aocuui siiles 'ic ratUL'e-i .fci, Lii^eiV'^i ^^-^ ^-i^J <i.*.^j >vj3)£^ are givoubjlow. riiososiot !,'• '11 tJj yx'Xunless otherwise st-^ted.

Satubdat.Delivery. d.

Feb.-Mar fin.isMai-.-Apr 6'9)2April-M.iy 658May-June 6^ ^32Juue-July ..6233231116

MONDAY.

I

May-June O^sJune-July OBsNov.-Dec 69:12Oec.-Jan O'l-Ja

I

Mar.-April 6 lo'

Apr.-May 617^2IMay-Jime eis^a

Tuesday.Nov G9;j2

I

April-Mav 6I9Nov.-Doo 6»!o I Mav-Jnne.. .69|(i®i732I>ec.-Jan 6U32 1 Juiie-July ...6i»32®8i6.run -Fell 61'i3.2®38| Jau.-Feb (1"(2Knb.-Mar tii^^ I Ucc.-Jan 638Mar.-Apr 6IS32

OHieert/. d.0;;t '. 638Ont.-Nov 633Xov.-Dee 638l).50.-.ran 67,8Jan.-Feb Giadl=»32

Oct 6o,8®932I

Oot.-Nov C>^ie(i'^32 I

Nov.-Deo 61i3oS5is I

Deo.-.Ian ."OSf|

Jan.-Feb liis^n®?,, 1

M.-ir.-Apr 60iea>l7...Apr.-May 0^9^,

\Jj\.\ I li, '< ) T Mi 1 1'ing olausp,

Delieery. d.Oct.-Nov 6'-i32

Nov.-Dec 6113-.

M.ir.-Apr esia"Apr.-May 6i»32May-June O^g

Feb.-Mar 6I633Jan.-Feb 61332Feb.-Mar 67,8Mar.-Apr 6 '".(2May-June (iS,,,

June-July 61032

Feb.-Mar 613.32Mar.-Apr fiVApr.-.May 61732May-June 09,8June-Julv 6*932

Nov 69,3Nov.-Dec .6932®l4S'932Dec.-Jan G3s®ii3oJan.-Feb ttisjj

3fov 6Bja2Jov.-Dcc (i3i8Dec-Jan GSsJan.-Feb 61^32-Feb.-Mar Gia.j.^

WEDNE8CAT.Feb.-Mar 67,8 ! June-July 61932Mar.-Apr eia

| Dec.-Jaa 638Apr-May 61732 I Feb.-Mar 6I632May-June ...6i932®9ia I

June-July.. ..essSiSsa

Thubsdat.Apr.-May 69iaMay-June 6i»3sJuue-JiUy 658July-Aug 62I33

...Jan.-Feb 67,8Mar.-Apr 6:732 | June-July 6213'

Friday,Nov ..fSie

Dec.-Jan 61330Feb.-Mar eiy

"

Jan.-Feb 61632Mar.-Apr 69,8Apr.-May 61932May-June GSa

Nov.-Dec G^iDec.-Jan Gi'liaJan.-Feb 67,8Feb.-Mar Ci^Mar.-Apr G1732

Apr.-May 69,,June-July 69132Nov 6II32Nov.-Dec 6II32Jan.-Feb 616 ,3Nov.-Doo 638Sn'i2

Dec.-.Tan G'laMar.-Apr 69,8Apr.-May 61932May-Juue G^sJune-July 62I30

BREADSTUFFS.Friday. P. M,, November 4. 1881.

The flour market, following the marked decline noted in oarlast, did not show much improvement in business, and not until

the medium and high grades had again given way 25@50c. perbbl. was there much improvement in the export demand. Thelocal trade held off, however, and consequently the improved

inquiry from shippers did not give any sustained strength to

values, and yeeterday some further decline was accepted for

some grades. Eye flour has also materially declined. To-day

the market was dull and depressed.

The wheat market has been quite depressed, and on Tuesday

last, under free deliveries for account of November contracts,

prices quite broke down. No, 2 red winter selling at $1 43@$1 43^ on the spot, $1 46?)^ for December, and $1 49^ for

January. Since there has been a variable and somewhatirregular market, fitful advances being followed by partial

declines. Supplies continue to come forward very slowly at

the West, while the lower prices, in conjunction with very low

rates of ocean freights, have caused some increase in the export

movement. To-day the opening was lower, but the close

steadier; No. 2 red winter, $1 46j6 for December, and f1 49^for January.

Indian corn, though variable and comparatively quiet, did

not share in the extreme depression of wheat during the first

half of the week under review. Receipts have been quite mod-erate, and the demand sufficient to prevent any further accu-

mulation of stocks. Still tho local trade has been compara-tively dull. To-day there was no essential change in prices, but

a quieter market; No. 2 mixed, IVyia. for December and 73?^o.

for January. Rye has been about steady, with rather moredoing. Barley has suffered an important decline, but the

reduced prices have led to a material increase in the volume of

business ; recent sales include four-rowed State at f 1, and No. 1

Canada at $1 13@$1 14. To-day the market was dull and weak.

Oats have been doing better for mixed, with more activity in

the regular trade and a brisk speculation. To-day No. 2

graded were quoted at 43^c. for mixed and 51^c. for white,

and for future delivery No. 2 sold at 49^c. for December and50%c. for January.

The following are closing quotations:Flour.

IOratH.

4 10 I Wheat-SpringSpring, No.

No. 2 spring...S bbl. $3 50»No. 2 winter 4 OOS 4 50Winter superfine 5 OOS- 5 -,'5

Spring supertiue 4 70^ 5 10Spriug wboat extras.. 5 3">» 5 75do XX and XXX ..

.

5 85;* 7 00Wis. &Mlr.n. ryemix. 40<* 6 75Wiuter shipp'g extras. 5 60 « 5 90do XXaudXXX... 6 003 7 25

Patents G50» 8 50City shlpi ing extras. 7 00*Southern, bakers' audfamily brands 6 403 7 50

South'n si ip'g extras. 5 75® 6 25Rye flour, superttue.. 5 20® 5 50Corn meal—Western, Ac 3 403 3 70Brandj^rine. *(• 3 80* 3 90

Buckw't flour.lOOlbs. 3 90® 4 15

. :t>i 2.>

2 138Red winter 1 30Red winter. No. 2 1 42White 1 33

Corn—West, mixed. B5West. No. 2 69Western yellow.. <iS

Western while ... 702) Rye..... 100

Oats —.MixedWhite

Barley-Canada No 1Canada bright...State, 4-rowed...State, 2.rjwod...

Peas—Cau'da.b, &f

.

45

®1 42ail 4091 44t?l 43143142a 70a 6n\m ~-z

s 73»i 115

494&>s * 53I3

111 SI 13114 «il 16971471 00

<*

9IFrnm the " !fcw York Produce Exclhaivje Weeich/."\

Receipts of flour and grain at Western lake and riv^r ptor the week ending Oct. 29, 1881:

Wheat, Corn,bush. bush.

(60 lbs.) (56 lbs.)

256.322 1,450,8301 -'8.484 17,700102,617 56,90375,386 14,607

33.250200.411 229.80510,725 417,525115,073

Tt>

Flour,bbl».

Atr- (196 lbs.)

Ohioago 5!>..575

Milwaukee »1,4J8Toledo 880Detroit 11,335Cleveland 2,0393t. Louis 33,0S9Peoria... 2.370OulutU 17,500

Oats, Barley, Rye,bush. bush. bush.

(32 lbs.) (48 Ms.) (56 lbs.)

3G2,3"j3 272.283 36.05024.650 121,980 21,05935,551 8741G,127 8,282 2,69317,800 11.150 50080.590 lil8,338 14,050

114.050 11,750 28,150

Total.. .. 228.766 889,018 2.220,620 651.121536.783 103.376Same time '80. 210,012 3.2G5.013 2.892.604 1,310.978 516.348 150.939Total receipts at same porta from Decs. 27 tio Oct. 29, inclu-

sive for four years :

1881. 1880. 1879. 1878.Floir bbls. 7,487,622 5,318,593 5.615.347 4,(i24,001

Wheat bush. 48,617,231Oom 117.740,279Oats 36,122,449Barley 7,705,160Bye 3,128,517

69,279,366135,167,24134,128,0217,170.0013,247,055

Total grain .... 213,363,636 248,991,684 209.735.834 196.559.561Comparative receipts (crop movement) at same ports from

August 1 to Oct. 29, inclusive for four years:1881. 1880. 1879. 1879.

Flour bbls. 2,369,471 2,019,231 1,870,408 1,627,342

Wheat hush. 19,193.808Corn 46,837,165Oats 10,668,835Barley 3,713,872Rya 2,129,130

36.329,64244.485,99316,100.6094,564,2651,854,701

43.962.17828.4B5.25910,326,0025,421.3362,294,622

39,120.11831,087,39913,584,6625,314,8492,288,191

Total grain... 82,512,810 103.335,210 92,469,397 89,397,219Comparative shipments of flour and grain from the same

pons from Dec. 27 to Oct. 29, inclusive, for four years:1881. 1880. 1879. 1878.

Flour bbls. 7,403,256 4,291,599 6,191,815 4,894 589

Wlieat bosh. 43,946,523Oom 98.197.495Cats 30.369,719Barley 3,559,837Rye 1,911,651

55,161.49573,692,75419,380,0924,294,1433,401,567

Total grain. ...177,935,225 210.183,761 175,430,037 155.930,051

NOVKIBBK 9, 18S1.1 THE CHRONICLE. 609

Hai! shipments from Westera lake and rirer porta for theffeel ended

:

1881. 1880.Wuk WeekOct 29. (>el. 30.

Hoar bbta. lll,9«5 13a,886

1879WeekNov.l.161,781

1878.WeekNov. 2.

loa.7.^4

Wlieikt bush. 2(>4.fl33

Corn !)73.«00Oatii 40i>.794B»rley I«l,0t3Kye 74.283

37(,,i!\a7.1(1 .-M.-i

!>.'i'.; ,H'i7

I7r.,39*91 .267

3S6,n:it294,72a402,1 1120l,U7U45,423

317,.'>(»^

2.' 0.970178..">t>7

135,42722,555

Total 1,586.25S 2.8Jti.l82 1,390.49(3 905,027Bail and lake Hbipirents from same ports for la.st four wuek.'«:

Week flour,enrimu— oni',

Oot. 29...20!i(9lOct. •i-.'...l"3,7,^7

Oct. l.')...199,smOct. 8. .232,'.l3;t

Wheal,

757,710918.141832.0I5S559,327

Corn,tmsh.

2,755.74.">2,931.(33.!2.188.1171,682.191

OaU,^luA.

512,424843.747582.211727.515

Birley,bush.1(14.043138.833244.597

/Cue,bttgh.

74.2889 1.79965.(»71

184,473 lOj.tiDti

To'.,4wta.815.(>c)3 3.067.269 9,

4.'k»"80..73l30S 9.4(.'8,5:9 11,

Ke< eipts of Hoar and grain

•nded Oct. 29:Flour, Wheat, Corn,

At— bbU. butk. buth.ewYurk 118.D82 930,194 711,110Soetou D3,ii89 29,609 237,045Fortland 2,980 7,200Montreal 30,118 270,798 5,700miaaelpbin... 19,946 30,000 132,600Baltliuoi-o 22,86.) 280,760 118.u0aNewOrloanii... 12.617 513 3,125

a.)7.989 2,465.897 751.951 335.41425t),770 4.482.931 889.880 480,251at seaboard ports for the week

Oalt, Barley, Rye,busk. bush. bttsh.

185.736 143,800 53,958114,267 5,975 450

3,''00

81.950 46,414 45.39762,150 58,000 50021.000 3,00019.313

488,218 251,739 103.305713.591 354.044 121.853

Total woi*... 2iil.l97 1,441.929 1,261,780Oor. week '80.. 291,628 4,655,193 2.936.607

Total receipts at same ports from Dec. 27 to Oct. 29, incla-BiTe. for four years :

ISai. 1880. 1879. 1878.flour bbU. 10,017,722 8.716,932 9,017,334 7,885,664

Wheat...Oom. ...

OiktaBarley..Rye

.bush. 60,901.87391.340.00723,789,0933.146.8321,513,328

109.0I>9,169123,414,61719,984,0813,031.2(!22,003.965

126,744,12492,871.01718.795.5333,295,1823,983,515

91,267.11893,351,35720.98-i.5234.457,7714,237.219

Total Itrain .... 200,737.635 237.,"0^.127 245.089.421 214.301,938Exports from United States seaboard ports and from Montreal

for week endinK Oct. 29, 1881:Flour,

From— bbls.

HewYork 41,213Boston 11,981Portland 250Montreal 14,801Philadelphia.

.

475Baltimore 940New OrloauB.

.

28

Wlieal,bush.359,015

1 2.729

Corn,bush.732,330142,930

Oats,bush.3,304175

Rye, Peas,bush. bush.41,501 2,062

200,669

159,536146,84091.5,5015,321

54,786 314.330

30015

Total for w'k 70.392Bame time '80. 133.707

731,979 1,128.971 58,580 41,.501 316.9082.412,461 1,733,756 7,660 114,443 154,531

The visible supply of grain, comprising the stocks in granaryat the principal points of accumulation at lake and seaboardports, and in transit by rail and water, Oct. 29, 1881, was asfolkws:

Com, Oalt,bush. bttsh.

5,795,411 l.-'96,0B01,822.000 580,000

90,000724,878

7,016,1234,695

In store at—Bfew York

Do. afloat (tat.)

AlbanyBuffaloChi(»co MMilwaukeel>uIllLU

ToledoDetroitOswego..Bt. LouisBoatouTorontoMontrealPhiladelpUiaPeoriaIndianapolisKansas City (22).BalUn.creDenuMlsti'piOu riiU

Oh liike

Ou caual

Tot. Oct. 29, '81.Oct. 22, '81Oct. 13. '81Oct. 8, '81Oot. I. '81Oct. 30, '80

Wheal,bush.

6,241,935456,00016,000

457,9-523,718,07!)357,2772JT.OOO

1,408,3J4793.027120,000

1,004.70030.404

18(.i.939

382,391757.37410.714

451.800383,354

2,102.975

802,033818,000532,000

13.60030,705

369,6201.668

Barley,bush.52.037

393,00088,50iJ39,075

291,6i0226,985

Rye.hush.

60.01150.00JlOO.OOO17,060

334.37779,306

234,41510,420

190,0001,596,704229,379

44,2037»9,289;.')9,726

200,'JOO,">5,"j(;5

732,-2140,(101

2.402.1622,691.0001,607,000

73,546 15,12718,008... . 700,000 54,000

365,765 38.298 132,814120,771 4.118 2,961

283.900 8,7<>319,734 10,505 36,08180,000

140,706 317 177,72843.700 9,10051,292 7,226

5161594 164',6o6 70'.6o6150.003

3,59,000 42,000

21.2.>2.578 26,449.095 4.385,769 2,056,37!! 1,256,18420.8.57„^36 27,970, 171 4,033,278 2,523,003 1,210.86520.38(i,272 28.682.039 4,760.412 2,506.187 1,093.7722i),l6;i.847 28.120.876 5.759,915 1.922 3'>9 1,032,39919,494,352 27.381,974 6,468,030 1,393.024 90!,81019,118,102 19,304,445 5,033,378 2,811,581 897,687

THE DRY GOODS TRADE.Friday, P. M., November 4, 1881.

The demand for dry goods during the past week has beenirregular, and npon the whole sluggish, as is generally the casebetween seaiions. Cotton goods have received more attentionfrom large jobbers, converters and finishers, who have antici-pated future wants to some extent, and a very considerablebusiness was quietly done in this connnection by manufacturere'agents. W(.>olen good.-) have displayed less animation than oflate, and the demand for prints, ginghams, dress goods andother sea.sonable fabrics, was mostly of a hand-to-mouth char-acter. The jobbing trade was mostly quiet, transactions havingbeen chiefly confined to filling orders from retailers in theinterior, who are apparently doing a fair business. Some lead-ing makes of cotton goods were advanced by manufactareia'

agents, but otherwise valufB remained steady and withoutquotable change. •

Domestic Cottos Goooh.—The exports of ootton gooda fromthis port during the week ending November 1 were 2,930packages, 1,198 of which were shipped to China, 838 to Ur«atBritain, 366 to Chili, 180 to Hayti, 88 to Hambarg. 82 to Mexico,Ac. Thefreneral demand for cotton goods at first hand* wa«only moderate, but deliveries on account of back orders reachedan important aggregate amount, and some large ules of plainand colored cottons were made to jobbers, converters, finishers

and shirt manufacturers for future delivery. Prices ruled veryfirm, with a strong upward tendency, and some prominentmakes of brown and bleached goods, tickings, ducks, Ac, wereadvanced from ^c. to ^c. per yard, among which were Lons-dale shirtings, which were marked np to lO^c. and Conti-nental C browns to 8^c. Print cloths were in active demandand higher, closing at 4c. for 64x64 "spots" and "near futures,"and 3>6c. for 56x608; but even at these figures manufastnrersare unwilling to make contracts extending to MarcTi. Prints,

ginghams and cotton dress goods ruled quiet, but the bestmakes are steadily held and stocks are in very good shape.Domestic Woolen Goods.—There was a less active demand

for spring ca-ssimeres and worsted coatings—the larger buyershaving completed their early purchases—but a good manyadditional orders were placed by small clothiers, and there wasan increased movement, in execution of back orders. Heavyclothing woolens were quiet in both first and second hands, themildness of the weather having checked the demand for con-

sumption. The condition of the market for men's-wear woolens

continues very satisfactory, stocks being well in hand andprices firm. Cloakings and repellents were quiet, and there

was only a limited demand for Kentucky jeans and satinets;

but there was a steady movement in colored flannels and blan-

kets, in execntion of former orders, and ladies' dress and sack-

ing flannels were in good request.

FoREioN Dry G(30D3 were quiet in first hands, and sluggish

with jobbers, and the ofiferiogs at auction were not of muchimportance. Prices are well maintained on nearly all staple

fabrics because stocks are in good shape, and fancy dress

goods, &c., are in much smaller supply than is usually the

case at this stage of the season, slight price concessions having

enabled importers to close out their accumulations.

Imitorcallona of Dry Oooda.The importations of dry goods at this port for the week

ending Nov. 3, 1831 and since January 1, and the same factsfor the corresponding periods of 1880, are as follows:

|: : p: §

gi: ; : g

g: :i

: S

CO u to CO

o\-^t I g o c: -1 *-

o—to<s

Q r- KiM to

UDCOoco

tow

ooocooo*JCJWW^IQi to^O -^^

^ i;* 3. C£ towo —WW

Ut -.i C O O* 9> 1^0» I OOiiUfe*.

:-!.-*. lOiyt— H-tO

o 'x> I OS *» c *» J

woo

WW

wto

b-'CEtOi;*

WCt^OO00 -J -^ .^M

UM*'WCilobito^ob«- O) ci i*» to

w'x«o*:-ib

W05— X«-

to to' b —I

xwtOX WO'*

oto

OC:

tcM<i:;:;i:^C"*C6iOW

lOXOi^X

^ <>. (0 4» •J

-ItCtOC^MIf- to CO too

Vi^*-bbto«to;;iaDC:rf»lO^^^^

HO:tocceg to

W J<

b'ti»•-*to

S09MMMODIOCffW

t».Qca:opq»

I0UAI09"-ltO«»-M

py»^j3to

5

. : a: : 3

?.0>l?.tt

^ >- CO »2 N-C-. C: - O -J

a ^ 10 » 3i

X O O t.i 10

O-OCiO-.CO — c; »

5 &

— lO tc - w

H*l^ffitCt3

wbicbwac — i,-» *-. »-to «. -^ X W

otjcpoo)'*fcVxbbc— i>.K.5;,t o — ts to

I?

-I

© ^1 X r. ^U" •- X X -

510 THE CHKONICLE. [Vol. XXXIII.

Financial.

W. W. Farmer,MONROE, L.OUISIANA.

Counselor, Solicitor and Attorney.

Practices In the District, Circuit and SupremeCourts of the United States and or the State, in

all classes of cases. Has no other business, and de-

votes his personal attention and aii his time exclu-

9%veiv to his profession. Refers to Bank of Monroe.

ESTABLISHED1804.

Coleman Benedict & Co.No. 2i BROAD ST., NEW YORK,

(STOCKS AND BONDS,MEMBERS OF THE N. T STOCK E2CHANOE.

A strictly commission business conducted in thepurchase and sale of Stocks and Bonds on Marginor for investment.Complete Financial Report issued weekly to our

eorrespondents

Geo. K. Sijitare's Sons,

IT NASSAU ST., NEW YORK,DEALERS IN

FIRST-CLASS INTESTMENTS.Buy and Sell on Commission, for cash ur on mar-

Rin, all securities dealt tn at the Mew York Stock

Kxchange.Interest allowed on daily balances.

All deposits subject to check at sight.

Particular attention to orders by mall or tele-

«raph.

Geo. H. Prentiss,

H*. 17 WALL STREET, NEW YORK.

CAS STOCKSAND

CiAS SECVRITIES,STREET BAILBOAD STOCKS Ain> BONDS

AND ALL KINDS OF

BROOKLYN SECURITIESDEALT IN.

8BB QAS QUOTATIONS IN THIS PAPER.

Krnnt Gboisbkck, grant B. SCHLir,Members N. Y. Stock Exchange

Groesbeck & Schley,

B R O K £ B S,

N« 13 WALL STREET, NEW YORK.

NEW YORK

:

GKO. W. CECIL,Member N.Y. Stock Ex.

M. ZIMUKRUAN.

CINCINNATI. O.:

W. P. TBOIIAS.W. M. WILSBIBX.

Cecil,Zimmerman & Co.BANKERS AND BROKERS,

74 BROADWAY, NEW YORK,69 WEST THIRD ST., CINCINNATI, O,

•Wh.d. Hatch, Wm. b. Kindall.Member N. T. Stock Ezch.

No. 81 WALL STREET,

BANKERS AND BROKERS,Refer to Messrs. FisK A Hatch.

01Xi;«s,pot(DEj^ SJejvi^ins,

25fiNe§T.-l^eujY0RK'Parchue and sell on Commission GOVERNMENTmod RAILROAD BONDS and STOCKS, and allclasses of Securities dealt in at the NEW YORKSTOCK EXCHANGE, or all reputable Securitiesbought and sold In the OPEN MARKET. LOANS•nd COMMERCIAL PAPER negotiated. Interest.aid on DEPOSITS , subject to check.

Clark & Bacon,ANKERS AND BROKERS,

8 Flue Street, New York.

»t*ihe n".-*^" 1° go'n'n'M'on j" Securities dealt inff.-k^-.*" ^."J'" ^'"«* ""^ the New York MiningBichMies. Deposits received and mterisi alloweS

Financial.

Olliffe & Schmidt,No. 72 BROADWAY & No. 13 NEW ST.,

BROKERS FOR THE PURCHASE ANDSALE OF RAILROAD SECURITIES.

CORNELIUS W. OLLIFFE,Member of N- Y. Stock Exchange.

EDMUND P. SCHMIDT,Member of N. Y. Stock Exchange.

C. M. RCTTBB, W. N. WALKKB.Member of N. Y. Stock Exchange.

Rutter & Walker,BANKBRS AIVD BROKERS,

No. 80 BROAJ>WAY, NEW YORK,Buy and Sell on CommisBion, for cash or on mar-

gin, a4l Securities dealt in at the New York StockExchange. Interest allowed on daily balances.Particular attention paid to orders by mail or tele-graph.

F. E. Trowbridge,BANKER AND BROKER,

No. S BROAD OR 37 WALL STREET,NEW YORK.

Kmnlxr •/ flu N. T. Stock Sxchange.

Branch Oifici:BATEMAN & CO., WASHINGTON, D. C

A General Bankini Baslnesa Transacted.

Securities bought and sold on commission for cashor on margin.Advances made on approved collateral at the

market rate.I^eposlts received subject to check at sight.4 per cent interest allowed on all daily balances.Orders executed at London. San Francisco, Bos-

ton, Philadelphia and Baltimore Exchanges.P. 8.—My New York Weekly Kinancial Report is

mailed free of charge on apDlloation,

J D. PBrNci, Jas. Whitilt, H. Crugek OakliiHARHr C. Logan, maynard C. eybe.

W. R. Tbavebs, Special Partner.

Prince & Whitely,\o 64 BROADIVAY, NETT YORK,

(Branch Office, 180 Fifth ATenue).All classes of Railway and Mining Stocks bought

and sold on Commission.Private Telegraph Wires to Philadelphia, Wilming-

ton. Baltimore, Washington, Boston, Bridgeportand New Uaven.

W. C. Flotd-jonrs, William robison.Members of the N. Y. Stock Exchange.

Floyd-Jones & Robison,BANKERS AND BROKERS,

No, 2 EXCHANGE C017RT.Btocks. Bonds and all InTestment Securities

bought and sold [strictly on commission] for cashor on margin.

Glazier, Kohn & Co.,BANKERS AND BROKERS,

66 BROADWAY AND 19 NEW STREET,

KEW rORK.STOCKS AND BONDS BOUGHT AND BOLD ON

COMMISSION.

C^ Co.BANKERS,No. 18 flTALL STREET,

Neiv York.Transact a General Banking Bnsiness. Including

the purchase and sale of STOCKS and BONOS forcash or on margin.

Buy and Sell InTeittinent Securities.P O. BOX 2,647

A . M. KlDDIR. WATLANT) TRA8K. H. J. MORSlW. C Hill.

BANKERS,38 Bron.rway, cor. Exchange Place, N. Y.

BOODY, SALTONSTALL « CO.,128 La Salle St., Chlcaso.

TRANSACT A GENERAL BANKING BUSINESS.INCLUDING THB PURCHASE AND SALE OFSTS<"S,^'yi,5<i^PS FOR CASH OR ON MAR.GIN. BUY AND SELL COMMERCIAL PAPER.„ . „ P. O. Doi 447.D^. BOOBT, r. W. MCLILLAW, JRRirBEN LILAND, F. Q. SALTpNSTALI,

financial.

Howard Lapslet, D. Setmour WillardMembers N. Y. Stock Exchange.

CTRtrs W. Field, Jr. Cyrus W. fielbSpecial.

Lapsley, Field & Co.,STOCK BROKERS,

No. 5 WALL STREET,Nenr York.

walston h. brown. FRED. A. BROWN.

WalstonH .Brown& Bro.

BANKERS,11 Pine Street, New York.

aPBCIAL ATTENTION GIVEN TO THB NBaO.TIATION OF

RAILROAD SECURITIES.

Fred H. Smith,BANKER AND BROKER,

No. 20 BROAD STREET, JIEW YORK.RAILROAD SECURITIES

(An Intimate knowledge of all for the past 10 TearsA SPECIALTY.

Investors or Dealers wishing to buy or sell areinvited to communicate. State, Municipal andRailway Bonds and Coupons bought and sold at bestMarket Rates.

Thso. t. Sand. John Sicekls.Max E. Sand, Member N. Y. Stock Ezch.

Sand Brothers & Co.,BANKERS AND BROKERS,

64 IVall Street, New York.

BTOCKB AND BONDS BOUGHT AND SOLD OB

COMMISSION.

COMMERCIAL PAPER NEGOTIATED.

Randall & Wierum,50 EXCHANGE PLACE,

firokers in Railroad Stoclcs and Bonds,

GOTERNMENTS 4 FOBEION EXCBANGB.Chas. K. Randall, Otto C. Wibrum.Member N. Y. Stock Exchange.

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

6S BROADWAY, NEW YORK,DEALERS IN

Flrst-Claas InveBtment Secnrltlea.GOVERNMENT BONDS, STATE. CITY, CO0NTTRAILROAD i MISCELLANEOUS SKctJRITlBS

Bought and Sold on Commission.yirginia Tax-Beceivable Coupons Bought.

bovIhe&j/ securities a speviaj.1I.:

loans negotiated.\

Interest Allowed on Deposits-

E. S. B AI LE Y,

7 PINE STREET.Dealings in

Insurance StocksA SPECIALTY.

Cash p^d St once for the above Securities: othey will be sold on oommission.st soller'a optlOD'

James Kitchen,

COMMISSION BKOKER IN UNCUREIOrINVE8TMENT8,

70 CEDAR STREET,

P. O. BOX S118. NEW YOBl

STOCKS and BONDfAt Auction.

The Undersigned told REGULAR AUCTIO:

BALi^ of &U classes of

STOCKS AND BONDSOK

WEDNESDAYS AND BATL'UDArS.

ADRIAN H. WLKXAjEB. & SOB

Ho. 7 PINE BTREET, NEW YORK.

NOTBMBBB S, I881.J THE CHRONICLKfinancial.

OIOBOI BTilRC. John f. Stark. '

George Stark. & Co.,HANKKHS,

No. 33 NAH8AU STREET, NEW YORK.

auj >nd sell InTeatiuanl Seourltle* lot oaah or on

enmmlHlon. A ipoolaltr msde of Western FamiMortnsea bearlna from T to 10 per oent Interest.

Wilt undertake the navotlatlon of lo&ni upoi

Weetern CItr propertT In larne or snifill amounts

P W Gallaudet & Co.,BANKERS,

UiV/TBD HAXK BUILDISO.WAM. WTKKKT, COR. BROADWAY.

PTOCKS, BONDS * COMMERCIAL PAPER.Stocks and Bonds boUKht and sold on oommlBslon

at N. V. stock KiclianKe.AdTHnues miulo on bualneu paper and other

securities.

0HABI.S8SSTON UINHT. W. BOWARD QlLOBB

Henry & Gilder,W BROADWAY, ROOM 10.

•TOCRiil. BONDS AND niMCELLANEOUi^SECURITIES

BOUGHT AND .SOLD ON COMMISSION.Members New York Mlnlns Stock Exohanye

CORRI8PONDIN0I BOUCMTKD.

J. P. WINTRI1WOH4III.GAS, INSURANCE. BANK STOCKS, &o.BBOCTatTIES BOrOHT AT THK AUCTION SALES.

No. 30 PINE 8TREET,NKW YORK.

s^

John B. Manning,BANKER AND BROKER,

No. 6 Wall Street, New York OltjSOUTHERN SECVRITIES

A SPECIALTYState, MoDlclpal and Railway >'ond8 and Coupons

^Qffhtand sold at best market ratex. Investors ordealers vlshlng to Duy or sell are Invited to communl-e»t« with us.Member of the New York - tock Exchanze.

Wm. Fisher & Sons,BANKERS,

And Dealera In GOTernmentn, Stock*and InTeatnient Secnrltlea,

OiTae:n imscond St , 32 SOUTH STREET,BALTIinORE, niD.,

Bare Western Union wires In their offices, bymeans of which Immediate communication can bebad with all commercial points in the country. Bs-pecial attention given to purchase and sale of Vir-ginia Consols. Ton-forties. Deferred and all issiieaof the State, and to all classes of Southern Statepty and Hallway Securities. Correspondence so-

BcMtoB Banken.

Foote & French,BANKBHS,

AND DHAL>BR8 IN

(liO V ERIVni KNT BONDS,or ALL 18SUIC8.

aoMuissios OBBEsa szsovisD ta

BOSTON,

NEW YORK,PHILADBLPH lA ,

No. 7 CONGRESS STREET ANDNu, 2 CONOKESS SQUARE,

HOSTOni, BIAS8.

Geo.U' iii.BallouAz^CoBANKERS,

14 Wall Ntreei, 73 Dewonnlilre St.^

NKW YORK. BOSTON.Receive accounts of Banks. Bankers. Corporations

and IndividuHls upon favorable terras.Deal In Governments and Standard Investment

Securities.Bonds and Stocks bought and sold on com mission

at the New York, Boston and other Kxchanges.GEO. WM. BALL.OU, D. H. DARLING,WM. H. BINGHAM, A. 8. WEEKS,

New York. Boeton.

Brewster, Basset & Co.,

BANKERS,No 36 CONGRESS STREET,

BOSTON.HEMBUKS OF TBB NEW YORK AND BOSTON

STOCK KXCHANQB8.ALSO,

Dealers In Manlclpal, State, Railroad andUnited States Bonds.

BHiUmore Baaken.W. 8. WUVTMLWI. Jr. . N. Moanev.

Whiteley & Morison,B R O K K R ».

8TOOK8, NOTKH AND HONDM, AND DIALIRSIN KOKKKiN KXCHANUB,

Comer Honih and tJrroian Mtreota.BAtiTlinORE, no.

Correspondeao* Inrtted and full Informatloa eaananotal snbjeou ranilshed.

Robert Garrett & Sons,BANKERS,

No. 7 MODTH MTREBT,BALTinORB.

TRANSACT A UKNKHAL DOMESTIC AND Wiiti.

EUJN BANKING RIJ8INKS8.

Pblladelplila Banken.Org. a THOMAS. Joi. M. BBomAKnu

Parker & Stackpole,BANKERS,

No. 68 DEVOASHIRB STREET,

BOSTON.

P. h. Keleher & Co.,BANKERS AND BROKERS,

No. 305 Olive Street,ST. LOUIS, mo.,

Bny and sell Oovemment, State, Connty. Townshipand Municipal Bonds. Coupons collected. Missouriuonds a specialty. Foreign exchange booimtand sold

BANKING HOUSE OF

G. W. Norton & Co.,CASH CAPITAL. »a«),000.

LOVISVIl,I.B, KENTUCKY.

Swan & Barrett,BANKERS AND BROKERS.

186 middle Street,

PORTLAND, MAINE.D*S'"'..'iJ Government, State. Connty. City andHli'^IPoi*'' Bank Stocks, Ac.

handInveatment Securities constantly on

George Eustis & Co.,

S K O K K l< S .

CINOimtATI, OHIO.

Tower, Giddings & Co.,BANKERS,

No. 83 DEVONSHIRE STREET.BOSTON.

Orders for Stocks executed in Boston, New Yorkand other markets.

C.has. A. Sweet & Co.,BANKERS

»W MTATE STREET, BOSTON.

DEALERS IN GOVERNMENT SECURITIESState. City. County and Railroad Bonds.

Baltimore Banken.

Sethi I. &H.B.WhiteleyBANKERS AND BROKERS,

No. 27 GERMAN STREET;

P.O. Box 313. BALTimORE.Orders for Stocks executed In Boston, New York

Philadelphia and Richmond.

j.WiLtcox Brown. C. D. LOW.NDBS.

Brown & Lowndes,BANKBRM AND BROKERS

No. 19 GERMAN STREET,

P. O. Box 874. BALTimORB

Wilson, Colston & Co.,BANKERS AND BROKERS.

B.ti.TIllIOBB.

INVESTMENT and VIROINI '^S'^URITIBS aspecialty.correspondence solicited and 'afvrmatloa fur-

nished.M. Y. OoBa>aPoin>BNT»-MoKlm BroUisn A Co.

Thomas & Shoemaker,BANKERS AND STOCK BROKERS,

134 South Third St., PHILADELPHIA.Dealers In all Issues of United States Bonds.

Investment Secontles a specialty. CorrespondeneaInvited and full information upon financial snbjsetsfurnished.

A. P. Turner & Co.,BANKERS,

Ho.'im Walnut Place, PHILADELPHIA.Government, State. Municipal and Railway Bonds

and Stocks boutrht and sold at all the K ccnanges.Investments prudently made in sound railway se-onrities. CollectionH promptly attended to.Correspondents carefully rupresented at Auctions

and Private Sales. Bonds of yood but not well-known railroads always wanted for Investments atthe best rates. Orders on mariflna not entertained

Southern Bankertt.

WM.C.CoiraTNBr,Pres. BRNSSTH.PRiNaLi.Casli

BANK OF CHABLESTON,NATIOWAI. BANKING ASSOCIATION,

CHARLESTON, S. C.Spioiai. attrntion given to CoixicnoNS.

E. B. BuRBCgg, Pres't. A. K. WAi,KCIi, Cashier

First National Bank,UriLiniNGTON, N. c.

Collections made on all parts of the United States

Campbell & SchoolcraftiSTOCK BROKERS,

No. 1104 MAIN STREET.BIOHinOND, VA.

SOUTHERN 8JB0VRITIE8 A 8PJS0IALTT

TBU8. F.MIU.RU, R.D.WILLIAMS, JNO. W.MIU.RBCBA8. B. HlLLia.

Thos. P. Miller & Co.,BANKKKS.

moBIIdK, AI^ABAIflA.Hpeclal attention paid to coltectiona, w*ih promiit

remlttiinces at current rate« ot ezcnanffti onoayofpayment'^rrespondenti.—German-American Bank N«w

York: LoQistana National Bank. New Orleaiu Bankot Liverpool. Itlrerpool.

B. H. IHAUBY A. CO.,STOCK BROKERS,

RICHMOND, VIRGINIA,Buy and sell Oovemment, State. Municipal aad

Rallread Bonds and Stocks. Ac. Vlrftlnla StateTax-Receivable Coupons bought and sold. All ordarspromptly attended to _

New York Correspondent, VERMILYK A 00.

MERCHANTS' NATIONAL BANK.RICHMOND, VIRGINIA.

Collections made on all Southern points on bestterms ;

prompt returns.JORN P. BRANCH, President.

J. B. Morton, Cash. frbd. R. Scort, Vlce-PrssX

TIIOIflAN BBA\CII A CO.,BANKERS AND COMMISSION MERCHANTS.

RICHMOND, VIRGINIA,Information on all classes of Sonthem Seoultlas.

especially State Bonds, Tax Coupons, Ae. Cor-respondencs solicited.

HARRIS A RBIIVD,STOCK AND BOND BROKERS,

ACGCSTA, GEORGIA.Buy and sell all kinds of Investment Secnrttle

ontrlxht or on cemmlsslon. Information tnmlsbsdOrdars and eonraspondeaeo salWted.

% THE CHRONICLE.IVol. XXXIII.

Steamsbips.

Only Direct Line to France.

GENERAL TRANSATLANTIC CO.BETWEEN NEW VORK AND HAVRE.From Pier (new) 42 North River, foot of Morton St.

Travelers by this lino avoid both transit by Knu-llsh Railway and the discomforts of crossing theChannel in a small boat. „ ™ . .,ST. LAURENT, 8ervan Wed., Nov. 9.7 A.M.FRANCE, Trudelle Wed.. Nov. 18, 1 P. M.CANADA, Franguel Wed., Nov.28, 6 A. M.Pbick op Passage—(IncludinK wine,: To Havre-

First cabin. tlOO and t80 ; second cabin, *aO; steer-

age, $26, including wine, bedding and utensils. Re-turn tickets at very reduced rates. Checks drawnon Credit Lyonnais of Purls in amounts to suit.

FOR MARSEILLES,TOnCHINQ AT CADIZ, GlBBALTAU & BARCELONA.The following steamers will leave New York direct

lor Cadiz, Gibraltar, Barcelona and Marseilles, tak-ing freight and passengers

:

FERDINAND DB LBSSKPS, Baquesne Nov.28Dec. 15

RATES OF PASSAGE—For Cadiz and Gibraltar-first cabin. $75 and $90; for Barcelona and Mar-seilles-First cabin, $80 and $100. Steerage, $32.

Through bills of lading issued to MediterraneanPorts, including Barcelona, Algeria, Tunis, Genoa,Leghorn, Naples, Messina; also, for Trieste andConstantinople.N. B.—No freight taken for Gibraltar.

LOUIS DE BEBIAN, AKent,No. H BowlinK Green.

Publications.

^~Tlie Greatest Liring Autliors

-^ anch as Prof. Max HI al-

ter, Right Hon. W. E.Qiadstone, James A.Fronde, Prof. Hnxley,R. A. Proctor, Edw, A.Freeman, Prof. TyndallDr. W. R. Carpenter,Pro!. Goldwin Smltb,Tbe J>ake of Argyll,

William RIack, MissThackeray, lUrs. Mnloch-Craik, Geo.MacDonald, Mrs. Ollphant, Jean Inge-lonr, Thomas Hardy, Matthenr Ar-nold, ^IV. H. mallock, W. U. Story,Tnrgaenlef, Carlyle, Raskin, Tenny-son, Rronrnlng, and many others, are repre

eented in tbe pages 1

LiTTELL s Living Agr.Id 1881, The Living Age entered upon Its thirty-

eighth year, admittedly unrivalled and continu-

ously BuccesBful. A weekly magazine, it gives morethan

THREE AND A QUARTER THOUSANDdouble-column octavo pages of reading matter year-

ly. It presents in an inexpensive form, considerinn

ta great amount of matter, with freshness, owingto its weekly issue, and with a satisfactory com-pleteness attempted by no other publication, thebest Essays, Reviews. Criticisms. Serial and ShortStories, SlietcheB of Travel and Discovery. Poetry,Scientitic. Biographical, Historical and Political In-formation, from the entire body of Foreign Peri-odical Literature.

It is therefore invaluable to every Americanreader, as the only satisfactorily fresh and COM-PLETE compilation of an indispensable current,literature,—indispensable because it embraces theproductions of

THE ABLEST LIYING WRITERSin aU branches of Literature, Science, Politics and4rt." In no other form can so much thoroughly good

reading be got for so little money ; in no other formcan so much instruction and entertainment be gotin so Rmall a sp&ce,"~Philadelphia TiiTiea."There is no other publioalion like it. It is known

and read by all who desire to keep abreast with tbecultivated thought of the English-speaking world."—Episcopal Reyist^r, PMladelpnia.' It reproduces so fully the choicest articles from

the foreign magaaines, that one who takes it doesnot feel the need of anything else in the way offoreign periodical literature."—ITi* Ad^kmee, CM-COQO." Ite frequent issue and ample space enable it to

give all that the very ablest of living writers fur-nish t« periodical literature on science histoflcrbiography, philosophy, poetry, theology, poliiSoBand criticism, and to add to this the fu3] comple-ment of the best that there Is in fiction."—TTieJfn-Uirior. ChiMigo." Gives the beet of all at the price of one "—iVew;

York Indepen^:lent." Teems with the choicest literature of the day "

—New York TVtMme." It Is. bv aJl odds, the best eclectic published "—

5imtA«m (JhittrcMrum." It enables the reader, at trifling expense con-

sidering the quantity and quality of the readingfuraished. to keep pace with the best thouKht &aaliterary work of our Ume.^—Christum Uni^u JSewYork.

•' One cannot read everything n© man willbe behind the literature of the times who readsThe Living Aok."—Zion'a Herald, Boston,"We know of mo investment of eight dollars Inthe world of literature, that will yield oaual re-turns."—TTw Presbyterian, PhiladeipMa." It has no rly&l."—Nmu York Evenina PostPublished weekly at |^ 00 per year free of

postage; or for $10 60 The Living age and anyone of the American $4 Monthlies (or Harver's'^"/='*'.^'^^iif"'*'T^'" ^« *.^"*- fo*- »^ ?eS-. postpaid

;or for $9 50 The Living Age and tlie Si.Aicholcdor Appteton s Journal, or UppincotVs Monthly. Ad-

LITTBLIi A CO., BoHon.

Insurance.

OFFICE OF THE

ATLANTIC

Mutual Insurance Co.,

NEW YORK, January 25, 1881.

The Trustees, in conformity to tlie Charter ot

the Company, submit the following Statementof its affairs on the 31st December, 1880

:

Premiums on Marine Rislis fromIst January, 1880, to 31st »e-cember, 1880 $4,232,675 04

Premiums on Policies notmarkedoff Ist January, 1880 1,495,947 23

Total Marine Premiums .... $5,728,622 27

Premiums marked off from Ist

January, 1880 to 31st Decem-ber, 1880 $4,141,087 80

Losses paid during the sameperiod $2,071,238 98

Returns of Premiums and ex-

penses $873,113 96

The Company has the following assets, viz.;

United States and State of NewYork Stock, City, Bank andother Stocks $8,983,558 00

Loans secured by Stocks andotherwise 1,187,900 00

Real Estate and Claims due the

Company, estimated at 470,000 00

Premium Notes and Bills Re-

ceivable 1,628,921 34

CashlnBank 337,977 37

Aiaount $12,608,356 71

SIX PER CENT INTEREST on the outstand-

certittcates of profits will be paid to the holders

thereof, or their legal representatiTes, on andafter Tuesday, the First of February next.

THE OUTSTANDING CERTIFICATES of

the issue of 1876 will be redeemed and paid to

the holders thereof, or their legal representar

tives, on and after Tuesday, the First of Febru-

ai7 next, from which date all Interest thereon

will cease. The certificates to be produced at

the time of payment and canceled.

A DIVIDEND OF FORTY PER CENT is

declared on the net earned premiums of the

Company, for the year ending 31st December,1830, for which certificates will be issued on

and after Tuesday, the Third of May next.

By order of the Board,

J. H. CHAPMAN, Seoretary.

T RV StBILSt

J. D. Jones,

Charles Dennis,

W. H. H. Moore,Lewis Curtis,

Charles H. Russell,

James Low,David Lane,

Gordon W. Buruham,A. A. Raven,Wm. Sturgis,

Adolph Lemoyne,Benjamin H. Field,

Josiah O. LowWilliam E. Dodge,Royal Phelps,

Thomas F. Youngs,0. A. Hand,John D. Hewlett,WilUam H. Webb,1 harles P. Burdett,

Horace Gray,Edmund W. Corlies,

John Elliott,

Alexander V. Blake,Bobt. B. Mintum,Charles H. Marshall,

George W. Lane,Edwin D. Morgan,Robert L. Stuart,

James G. De Forest,

Samuel Willetts,

Charles D. Leverloh,W'Uiam Bryoe,VI llliam H. Fogg,

Peter V. King,Thomas B. CoddlngtonHorace K. Thurber,William Degroot,Henry Collins,

JohKL. Rlker.

J. D. JONES, President.

CHARLES DENNIS, Viee-PresiUent.

W. B. H. MOdRE, 2d Vloe-Prssldeut

A. A.. BATES, 3d TlM-PMUdant.

Insurance.

HOMEInsurance Companv

OF IVEtV VORK,OFFICE, 119 BROADWAY.

FIfty-Slxtb Seml-annnal Stateinf^nt,SHOWING THK

CONDITION OF THE COMPANY ON THE FIRSTDAY OF JULY, 1881.

CASH CAPITAL $3,000,000 00Reserve for Unearned Premiums 1,896,678 00Reserve for Unpaid Losses 210,724 29Net Surplus 1,758,627 03

Cash Assets $6,866,029 32SUMOTARY OF ASSETS

Held in the United States, available for the PAY-MENT of LOSSES by FIKE and for the protec-tion of Policy-Uolders of FIRE INSURANCK:

Cash in Banks |!153,277 11Bonds and mortgages, beins first lien onreal estate (worth t3,680,650) 1,715,558 00

United States stocks (market value) 2,029,100 00Bank & KR. stocks & bds. (market value) 865,517 50State and municipal b'ds (market value) 192,750 00Loans on stocks, payable on demand(market value of collater'ls, $2.450,734) 1,865.600 00

Interest due on 1st July, 18>Jl 69,2(l» 11Premiums uncoU'et'd & in h'nds of agts. 143,202 17Real estate 51,815 40

Total »e,866,oae saCHAS. J. MAKTIN. ITealdent.J. H. WASHBURN, Secretary.

OFFICE OP THE

ORIENTMutual Insurance Co.,

New Y'ork, January 27, 1881.

The following statement of the affairs of this

Company on the 31st day ot December, 1880, is

published in conformity with the provisions of

itfl Charter

:

Premiums unearned 3l8tDecem-ber, 1879 $144,765 10

Net preaniums received duting

the year ending 31st Dec., 1880 1,041,762 63

Total premiimis $1,186,527 73

Earned pretnlums of the year. . . $1,032,010 05

Losses and expenses $614,846 94

Re-insurance and return prem-

iums $249,915 99

ASSEIIS3l8t December, 1880.

Cashin banks $93,279 63

United States stock 280,031 25

Stocks of Corporations 78,142 00Real estate 350,029 18

Subscription notes, bills receiv-

able and imcolleoted premiums 386,597 7SSuspense accoimt and accrued

interest 14.582 58

Total amoimt of assets $1,202,612 42

The Board of Trustees have this day

Eeeolved, That six per cent interest on the

outstanding Certificates of Profit be paid to the

holders thereof, or their legal represeatatives,

on or after Ist March next.

By order of the Board,

CHARLES IRVING, Seoretaiy.

TRUSTEESi<3eorge Mosle,Henry DeB. Uouth,K. H, R. Lyman.Henry R. Kunhardt,Hugh AuchiHCloss,Lawrence Wells,WilUam Poblmann,Francis G. Brown,Alex'r Hamilton.Constantin Menelas,Carl L. Rfckuagel,Carl Vletor,Hamsay Crooks,Arthur B. Graves,H. L. Chas. Renauld,

George

Alex. M. Lawreaoe,John D. Dix,Charles Munzinger,Walter Watson,Ernesto G. Fabbri,Henry E. Sprilgue.,lohn Welsh, Jr.,Lewis Morris,Chas. F. ZimmermaonTheodore Fachirl,C. L. F. Rose,Wm. 8, Wilson,GuBtav Schwab,George H. Morgan,Francis B. Arnold,

S. Scott.

EUGENE DUTILH, President.

ALFRED OGDEN, Vice-Prcsideiit.

OHARLE8 IRVING, Secretary.

ANTON METZ, Ass't Secretnv.

Chronicle Volumes

Volume l,1865i Volumes 2.4,8 and 10, and suc-

ceeding Volumes down to 1878. Apply at Publica-

tion OfflM, TV A bl WllUam atrMt.

NOVXMBXR 6, 1881.] THE CHRONICLE. il

roinmcrcial CiirdH

Brinckerhoff, Turner

& Co.,Manufacturers and Dealere In

COTTON SAILDUCKAnd itll MndB of

COTTON CANVAS. KBtTlNO DUCK, OARCOVKKINO, BAOOING, RAVBN8 DUCK, SAIl.

TWINES, Ac, "ONTAHIO" 8BAMLI8S8;BA08, "AWNING STR1PB8."

Also, Agents

UNITED STATES BUNTING COMPANY.A full supply, hU Widths »Dd Colors, always Id stock.

No. 100 Daane Street.

E.R.Mudge,Sawyer&CoAOKNTS FOR

WaBliIiieton .'VIIIU, Ohlcopee IQili. Oo.iliirliu:iti>ii IVooleu Vo.,

Bllertou Mew .mil*,Atlantir Cotton imiln,

Saratoea Victory ITII'g. <'»., Ocean Itllllii,

Peabodjr iTIills,A.ND

Hosiery, Sblrta and DranreraFrom Various Milts.

NEW YORK. BOSTON,43 4 45 WBITK SrilEIT, IS CBACNCEY STKMT

I'lIILADKLPUlA..1 W DAYTl)N. 246 CHESTNUT 8TUKKT.

Works atOkiknt, L. I.,and '• Bcrika"RICHH0>U>, VA. "OailNT.

The Atlantic & Virginia

Fertilizing Co.OFFER TUKIR STANDARD BRANDS

AJiMoiciATED Bonk ScrBRRUosPHATE OF Limb

« ORIKNT COMPLETE MANUKE,"And want a good working agent In every thrivingcotton. t4>bucco, grain and track growing county.Ap*fly (with reference) to

Hr. G. CKBNSHAIV, PreaH,Crenshaw Warebocse.

Rtchmondi Va.

Wire Rope.STKBLAND CHARCOALmON of superior quality

Bultable for MINING ANDHOISTING PURPOSES,Inclined Planes, Transmls-slon of Power, Ac. Also,i(i!ilvantxed Charcoal and»H for Ships' Rixging, Sus-pension Bridges, Derrick(iuys, Ferry Hopes, Ac. Alitr^e stock constantly onhand from which any d&-eired lengths are cut-FLATSTKELAND IKONROPES for Mining pur-poses manufactured to or-der.ITIASON & €0,,

43 Broadway, New Vorb*

UTUAL LIf

INSURANCE COM!. OFN£WYORK,

«„rc _„^F.S.WINSTON,PRESIDEN-5SU£S EVERr APPROVED EESCRIPTIONO.IFE AND ENDOWMENT POIICIEIINTERr-S AS FAVORABLE AS THOSE 01

ANr OTHER COMPANY.ORGANIZED APRIU IZt.m |842.MMC OVERS 8aOOO,00(

^iu\ Wtm*aOLD MESAI., PARIS, 1878.

His CeUbrattd .Vum iers,

30O-4O4- I 70-35 I -332,andAw other slyUs viaij be had ofall deatvi, 5 throughout the tcorld,

-Joseph QilloU & Sons, New York.

Commckvlal Card*.

George A. Clark & Brc,

ItllLWARD'S HKJLIX NBEDLBS400 BROADWAY, NEW YORK.

Wright, Bliss & Fabyan,New York, Boston, Philadelphia,

SELLING AGENTS FOR LKADING BRANDS

BROWN AND BLEACHED SUIRTINGHAND SHEETINUS,

PRINTS, DENIMS, TICKS, DUCKS, 4o.

Tawela, Quilta, White Gooda and Hoalerr.

DHll», Sheetingt, <*e., for Export Trade.

HENRY W. HARTER, ATTORNBY.Canton,Ohio, conducts uU classes of cases aKHinst indiv-

Iduuls, railroads and other corporations in both Stateand U. 8. Courts. Refers to t". Aultman, Canton O.Isaac Harter & Sons, Canton, O.: Kountze Bros .

New York: Kx-rhief Justice Airnew. Beaver. Pa.

'P B. STEWART <fc CO., MAKBRS OF FINEX.Wood Mantels, Mirrors, Bookcases, &c., No. 75West Twenty-Third Street.

COllOM.

Cotton.

WM. MOHR. U. W.HANKUANH. CLEHKNSFISOBXB

Mohr, Hanemann & Co.,

COTTON BROHEKS.

taS PEARE. STREKT,NBW TOBK.

Specta a-tectlon filven to the ezeoutloB of Ou-

DB»8 FOR FUTURE CONTRAt.TS.

E. S. Jemison & Co.,BANKERS

AN

COTTON COMMISSION MERCHANTHJ

No. 10 Old SUp, New York.

HOOUV 42 JEMISON, Oalreston, Trxav

Geo. Copeland & Co.,COTTO:S BROKERS,

136 PEARL SIREET. NEIV YORK

Geo. Brennecke & Co.,COTTON BROKERS,

No. 110 Pearl Street, Neir York.

FtrruRE Contracts a Spiciai/tt.

James F.Wenman& Co.,COTTON BROKERfa,

No. 146 Pearl Street, near VTall, N. \Established (in Tontine BuUdlng) 1840.

Waldron & Tainter,tiENERAL COTTON MERCHANTS,

97 PEARL STREET, NEW YORK.*' Future " orders executed at N. Y. Cottun Kxch*ff

e

Wm. Felix Alexander,COTTON BKOKEK,

AUOUaTA, GEORGIAEntire attention given to purchase of COTTOi*

OKDBR for 8PINUKR8 and EXPOKTBB8COKKasPOKDItHOI BOUOITSD.

Keferences :—Natloaal Bank of Augusta, OeorKi ,

Henry Uenu & Co., Commission Mercbanu NewYork; William B. Dana* Uc Proprietors GoaaBaOLU. AMD FISAMOIAL CHaosioui, aod Other NaoYoiK Uonau.

osAK. r. oaoain, JOHK a. MAHHktr

C. F: Hohorst & (O,,COTTON

COMMISSION MERCHANTSN«. ISt PEARL MTREBT,

Nenr tork.Receive Consignments of Cott^tn and other prodoaaLIHKRAI, ADTANCM MADILSpecial attention given to orders for the porohasa

and sal,i of Contracts for Future Dallvarr of;Cotton.

HlNRT H. WAkl. OtLUAT Scuaoana

Ware & Schroeder,

X>TTON COMMISSION MKHOHANTH

111 P«arl Street, New Work.

t^peoial attention paid to the exeoutlon of orders

for the purohAfe or sale of contracts for futare de-

Urery of cotton. Liberal advanoea made on oon-

ignmenta.

Geo.H.McFadden & BroCOTTOM FACTOK't

AND COMMISSION MERCHANTS131 Clfteatnat St., PhUadelplUa.

H. w. FARLEY, Robert W.Golsan, J. U. FarleyMember N. Y. of Golsan, Colt & Co., Member N. Y.Cotton Kxcb'ge. St. Louis. Mo. Cotton Exch.

Farley & Co.,

COTTON COMMISSION MERCHANTSNo. 132 PEARL. STREET,

P. O. Box 3909. NEW YORK.

Special attention to purchase and sale of CON-TBACT8 FOR FUTURE DBLIVBBY OF COTTON

H. Tileston & Co.,COTTON, 8T04!KS, BONDS, *c.

96 WILLIAM 8TRBBT, NBW YORK.Orders In ^^ Futures" executed at N.Y.Cotton Kxoh.

Dennis Perkins & Co.,COTTON BROKERS,

117 Pearl street, Neiv Vork.Orders for Spot Cotton and Futures promptly exe-

cuted

WALTER &KR()HN,rOTTON BROKEKS,

«3 BEAVER STREET, NBW YORK.

Parisot & Campbell,Cotton Factor*,

VICK8BI1RG, miss.Orders to Purchase Cotton In onrlm&rkat solicited

Refer to Maaara WOODWARD * htLLlJCANNew York.

A. L. Leman,COTTON BROKER,

No 160 SECOND STREET.mACON, GEORGIA.

Kntire attention paid to purchase and shUmeat otCotton on order tor Spinners and KxportersBest of references furnished. Correap >nd«no«

oll<'"*»d

John F. Wheless & Co.,COTTON

COIHiniSSION MERCHANTS,NASHVILLE, TENNESSEE.

Special attention given to Spinners' ordera. Corre»p<'!uleiioe »ollclte<l.

HKrxiiK.NCE!*.—Third and Fourth Natloaal Banksand Proprletan of the Cbbomiclb.

vm THE CHRONICLE.

rotton.

Woodward & Stillman,POST BUIIiDING,

Vr. Exchance Place, Hanover& Beaver Stfc

[RiXB OF Custom Houbb],

NEW YOBK.

«ENERALCOMMISSIONMERCHAN'l S

LOANS MADE ON ACCEt>TABI.B8ECI7KITY.

Liberal adTances made on Consiffiimeiitfl.

Special attention paid to the execution of orders

for tbe purchase er sale of contracts for future

delivery of cotton.

New Orleans, La.Lkhxax, DTJKK A UuUontgomery, Ala

LEHMAN BRO'S,

Cotton FactorsAND

nonivissioN merchants,40 KXCHANGK PLACK.

New York.Orden executed at the otton Exchenges In Ne»

Tork and LlTerpool and adrasceB made on Cotton

and other prodnce consigned to us. or to our corre-

nondents in Liverpool, Messrs. ti, Navffass A Co.

and Messrs. L. Rosenheim A Sons.

JOHN H. CLISBY & CO.,

COTTON BtTYERS,

MONTGOniEKY, AL.A.

mCHaRI ONLT ON OBDEB8, FOB A COKMIBSION

Fielding, Gwynn & Co.

COTTON FACTOK8

AND

COMMISSION MERCHANT.-

16 & IM Exchance Place,

Poar BUILDINO. NEW TOBK

J.p. Billups & Co.,

COTTONCOMMISSION MERCHANTS.

No*. 16 & 18 ExctaanBe Plaee,

POST BUILDING, NEW YORK-

Bpeoial attention given to the Purchase and Sale

of CoDtraeta for future delivery of Cotton.

Gardes & Wisdom,COTTON

COMMISSION MERCHANTS,NEW OKI.EAN8, I.A.

Special attention paid to the execution of ordersfor the purchase or sale of contracts for futuredellverr of cotton In this market. New York andXilverpool

.

B. F.BABCGCK&CO.COMMISSION MERCHANTS,

IT Water Street, ItlVERPOOL,Receive consignments of Cotton and other Prod nee.

and execute orders at the Kxchanges In Llvert oo .

Bepresented In New York at the office ofBABCOCK BROTHERS A CO.,

60 Wiix SlBXXT.

Jno. C. Graham & Co.,(Saooeuora to R. M. WATERS A OOJ

BANKERSAND

COTTON COMMISSION MERCHANTS18 William Htreet, New York.

INVESTMENT SECURITIES BOUGHT ANDSOLD FOR A COMMISSION.

F, Hoffmann,COTTON BROKER AND AGKNT,

»» avm DB VA BODBSE, flATKB.

Cotton.

INMAN,SWANN&CoCOTTON

COMMISSION MERCHANTS,Cotten Kzchaiig^e Building,

101 Pearl Street. New Vork.

LOANS MADE ON

SOUTHERN SECIJRITIKS.

Robert Tannahill & Co.,

Cotton Commission Mercliants,

Cotton Exchanse BulIdinK, NEW YORK.

Special attention fflTen to the purchase and sale ofFuture Contracts.

HYMAN8 & DANCY,NOKFOLK. VA.

Dancy, Hyman & Co.,COTTON COMMISSION MERCHANTS,

97 Pearl St., New York.

Special attention given to the purchase and saleof contracts for future delivery.

Bennet & Foulke,COMiniSSION JUEUCHANTS,

121 PEARL STREET,NEW YORK.

Special attention given to the execution of ordersfor tbe purchase or sale of Contracts for Futuredelivery^ ^___^W.C. WATTS. DAVTD HA8WBLL. CHA8. W. WATTS.

THOMAS J. Sladohtbr, Special.

Watts, Haswell & Co.,36 STONE STREET, NEW YORK,

COTTON FACTORS

AND COininiSSION JOERCHANTS,Watts, Haswell £ Co. will make advances on Cot-

ton and other Produce consigned to them, or to WC. Watts A Co. Special attention given to the exe-cution of orders for the purchase or sale of CottocIn Liverpool for future delivery, etc.

W. C. WATTS & CO.,

18 BROWN'S BUILDING, LIVERPOOL.

HiKAH Pool. Bartlztt 8. Johnston.

Pool & Johnston,COTTON COmmiSMON MERCHANTS,

S3 STONE STREET, NEW YORK.Consignments solicited Orders executed at Cot-

ton Exchanges in N. Y., New Orleans and Liverpool.

Henry Hentz & Co.,GENERAL

coninissioN merchant s,

8 Soutb IVUlIam St., New York.Advances made on Consignments to

nenrs. JAnES FINLAY & CO.,LIVERPOOL, LONDON AND GLASGOW.

Also execute orders for Merchandise throughnieur*. FINliAY, rauiR dc CO.,

CALCUTTA AND BOMBAY.CONTRACTS FOR FUTURE DELIVERY COT-

TON bought and sold on commission In New Yorkand Liverpool: also at New Orleans through Messrs,Samuel H. Buck A Co.

Hughes, Carter & Co.,COTTON BUYERS.

MOBILE, ALA. MERIDIAN, MISS.

THE BROM^N

Cotton Gin Company,NEW LONDON, CONN.,

HANnrACTtmEHS OF THE CELEBaATBIl

Brown Cotton Gins, 9in Feeders andCondensers.

COTTON GIN8 FOE EXPOKT.

[NOTEMBRR 6, 186U

]IIi§eeIlaneoa8.

AMERICANBank Note Company,

143 BROADWAY, NEW YORK.Business FotrarDED 1795.

Jncorporated wider Laws of State of New Fork, 1808.Reoroanized 1878.

enoratebs and printers ofBONDS. POSTAOE AND REVENUE STAltPS,LEQAL TENDER 4 NATIONAL BANK NOTESof tht VNIIED STATES and far mmy FantanQovtmment*.

ENGRAVING AND PRINTINGOF BANK NOTES. STATE AND RAILROAMBONDS. SHARE CERTIFICATES. BILLS 01WrCHAJVGB, DRAFTS. CHECKS, STAMPS, la.

IN THE FINEST AND MOST ARTISTIC STYLEFROM STEEL PLATES,

With special safeguards to prevent drwnterfMtlntor AlteratUms. Special papers manufactured exolu-Blvely for use of the Company.

Safety Tints. Safety Papers.

Work Executed in Fireproof Bulldlnee.

RAILWAY PRINTING A SPECIALTYRailway Tielcets of Improved Styles,

WUhar without Colors, and Tickets of all KindtTRUSTEES:

A. G. Goodall, President, Jos. W. Drexel,James Macdunough. Vice- Prest., A. V. Stout,A. D. Shepard, Vice-President, T. H. Porter,Wm. Main SmilUe, Vice-Prest., Chris. Meyer,J. T. Robertson. Vice-President, G. H. Uanforth,G. H. Stayner, Treasurer, P. C. Louusbury.

Theo. H. Freeland, Secretary.

/ETNAInsurance Company

OF HARTFORD.Assets January 1, 1881 $7,424,073 T2

LlablUties for unpaid losses

and re-lnsuranoe fund 1,694,801 80

Capital 3,000,000 00

NET BUEPLUB $2,T29,271 9*

No. 2 Cortlandl St., New York,JAS. A. ALEX.tNOKR, Asent.

North British

& Mercantile Ins. Co.OF

LONDON AND EDINBlIRnU.United States Board^ of, Management,

NEW TOBK :

SOLON HUMPHREYS, Ch'i'n,(B. D.Morgan & OoDAVID DOWS, Esq. (David Dows <fc Vo^B. P. FABBKI, Esq. (Drexel, Morgan * Co.)Hon. 8. B. CHITTKNDKN.BZKA WHITE, Esq.J.J. ASTOR, Esq.

CHA8. E. WHITE, SAM. P. BLAGDEN,MANAGERS,

Office 54 WUUam St., New York.

Lyommerctal

Union Ins, Uo.iOF LONDON),

ALFRED PELL,Jfesidtnt Manager

Sr & so Wall Stre^-

Whiting Paper Co.,HOL.VOKE, MASS.

Bankers* Ledger and Record Papers.Machine Hand-Made Papers.Aiitlqae Parchment Papers.Plated Papers.Bend Papers.

AGENTSJARIES D. WHITKIORE tc. CO.,

4B BBEKMAN STREET, NEW VOUK.