, 1877-10-30

corresponding weeks last year "a follows:
:;;.s ss; ,s
iIH.is i:.iSe.sn? isSs!Sa
!iE.isnsii sii...:...:.::. i.:...'. sS1l3;si aSfit",s
san irs'ri,c,' sTfsaaTsi III. i,4s ~
Ill., Io.!s.. o,Eao '.'. r. " *, -,
';s21 ';":s 'a3.is:' ''s3,i
T:sl elcsen ,s1.e!1n m.,i sl.ss.3 a, "A
IT,; tS.5ts ss% f%fs 4 NV isfk ~ s tx IL
FiyS hundred newspaper colnnna, zach a!it'l
. v,ewsr.. might nnkc much n,"sc piea."nt n.
sssst ;ss ! IL s;s ss;s
sssanrs. smon,lns 10 80 s1 nts n'ore it,.
VIII what n i os uri1s liz t's "" Meek. * rreeens @ ie
rh.tadc,ph's ran only toa't rarta. recovery troh,
ss It g Ghsa5 &C.. if s,IIn & e rs de-
tnnl: nj Milwaukee,. lhe great Improvement or
rrcstrn wctkt II" longer, ,npncarr. New Or!eanr
more. ''tlaburc, md Louisville nrc slulng hus-
nct7 nut varying greatly from that of lat ycnf;
S s :" b. xsy sss1 IF s sss sxss S
mrnt and distraction Of a Presidential struggle.
nearly a. much oH,inesa was dong last ycas In t'c
tuhcr a. has bren dung Ibis month with enormous
fan'n nj rpsealation tic hope- Of :nly and i ibs
Ita',rd md osercont!cnt spcculasora arc rcck-
ing winter quarters. tndtr. II nor wttor. men. It
H. Il i p":sSs ss s'S sx S M It'll G
IT. own hootstraps. Tue attempt has been made
and has failed.
THE nASS or ENGLAND.
The Hank Of England. Oct 10, mndc the follow
Ing statement: 9Hsp1uF, *li, AT, vi; puLtic dd-
rostr, so' l0s, 600; ntlcr lcnos,ts. SIM, TO-.
b1l: Government tccarittcs l,-nh, S7a. fl 0.n;
oh'r securities. Sur, .l10. 74n: notes unemployed.
ELL 7I. G25; notca In circulation, Sal. M, n3U;
bullion on hand, s1l1, OIL, $50. Tim Hank nf I'm.
E'Hnd Is 'ookang to Tho Hank oi Frauca fur tho gold
nccdcd 10 trplchfh 9ts rcserTtA. The London
EcoHoB,sf OF tlct. 1ltay.:
Thc 3'ar5. exchange haa TIT, work a1ranccd to
cH:A aud ,hr iari: ra,e !. now watched with tho
gteatsst a.tsnti"r. M tos by i can hert ne JUDGED
rei,l will hr ohtsine fratn elsewhere ia nny atic.
rate. them h what we hare to lDos to Il. tic t,.
fnr q ,h W. = hsG. sas.. os taH @ caren ana
W rhni arI,y bc Al,lr to c"ns!'sr oaraelvcs snre
ofs SIMPLY .ntecIcn 10 ranpensale for thn !uscsnaI
snd ezttsnai desnn',. for rod! pressing uius tiIo
funi'ey in tierniany ,as this week trndsd ngsln 10
ndsance MI nn!1 IN !erpon.s to t.e tighter rates
Ills weeks rttutt, OF tic Imperial jilnk Of t;rr.
oy ~; y; s s0 II 81 nS d'a.
NJ SIrtt!n.
wxsTEnN un1oN.
Thr history Of the Western Cnlon is probably tho
worst illustration cxtant 1f the CyiiA Of watered
stuc1:, rhls Company grew ont Of the New York
Mississippi Valley Printing Telegraph COMPANY,
Which was nrgnnizcd In 1871. Tho Western t'nlnn
was incorporated In 1856, and wus consolidation
fshc Company named abovc with tho Lake Erie
Telegraph c"n'pany. At that tln1o the combined
companies owned ]. 100 miles, representing pu
actual outlay ct on,g $:hN. 600. Thu arel
watsr!ns Of stuck took place In 1s;H, when astock
dstacnd hf 4l4 per cent was n'ahc; then foilnwcd
tyidcndA In stuck Ia lsJ. Of r. PER ccut, In 1.sEj
of )oo per ccnt, In December Of tho SUMO year IT
IIi per cent: then an Issue Of 81. DOO OU stuck 10
pay for p"chascd lines; and In lMjU dividend Of
l@!ntsfeni III stock was made, At that Tins lhs
capital block was 81. W'0 QUO. ann s!ncs lhcu, t,y
new Issues for the purchase Of rival lines, c.c. il
has been 'nertAacd to sil, O7:,, 41U, pf which
ks,a5'' XII j. held By thc Company in 1t. owa
Treasury. In twelve years after It's organization
The Company hid capital Of go 0Uo, 100, which
cost ths soekho't1ess less than 4tut, 900. TL.
uFtfdlS1dems In money was ~ per cent raid In i,e.
;rM'pc', 1h,'1, And within ten n.unths thereafter
'4si TrF cent III dtsdrniA had hrrn paid Isestdes
The enormous sturk dtsiden.la that werp p,ade bo.
tween lR.,H aud lH1t' tic cash dividends averaged
itont per cent year. Driwern Jnly !, 1xt,l
Ind June 30, ln7T. the dividends wc,e Sla. III.
1874.
THE SITUATION IN WALL arEEsr.
In thest circular fot last week, Tra,k 1 B,onn
'aY: III" evident that during the past week
:he position OF ths leaders of tbc market has bxen
sosnewaas ehAn:cd. lMssead Of all being M ouc
Aiac, working for higher prices ~ hrtrtofore
those who haye sold arc austous u see ,owr,
quotations., aud We shalt probably have therefore
for sulne lime TO come more uutuFat market xe.
cuMpantca with wider nnctnalIona scncei,ng tho
saryInsa aucer.ses VI Tho opposing forces The &C.
cvtpis of the rai1Eoaas hayr not been ~ ia.vo u
had been confidently predicted. and shss has lu
icsr nA1i h,.fl
OHIO ! M1sslsstrrL
Ths Ftce.rrestdenI OF ths Ohio b Misslsaippi
Noad. Mi. u. d. Ashley, writes to the New York
Etehtha Fosf In defchfc of the stockholders dis
franeh!tsa ii the recent ehlo 4 k,.siss,ppi cleo
ilrH. lie claims that these stockholders we're the
'ny onrs who hal complied with the Ohio law re.
Juf1EE thirty days rtgtstEatiun. 4r. Garrett md
bis party were not registered, and were therefore
oot qua!lhel 10 vote.
tAE BOSTON, PHILADELPHIA, AND NEW FORK
BANKS.
The statements OF the New York, Boston, and
Philadelphia b1nks Of their condition On Oct 20
show that. - compared with Oct. u, 1870, they
hare SO. IT. slB less loans. 3os. aBe es4 lt.s DC.
pos,s, Il. 73l. 100 leas specie and Sl7, 37b, orr
le'' 'cssl.tendert. The only Hem thsl shows ~
increase as circulation. which Il ~, t., d51 more.
The decline In reserve IL SlD, i66, 8:.8.
CUHnkkCr CHANCES.
The Comptroller OF tho Currency reports that In
tic three weeks ending Oct. 70 currency WIS Ii.
sued 10 !he amount of 3l.717,3l0, and currency
retired 10 the amount Of S7t.. $40. Ths ie uosllt
of legal TENDERS Tor tho retirement Of circulation
were s37. 100, showing that tbs movement has u.
Euust csAtsd.
AAlLRoAu DoNps.
Tbs following bids Tor railroad bonds we're made
OF The New York stock Exchange pu Saturday;
Ss Fl; II M !! ss:
Nut.C. It. Il N, It, - 81 tirv. d T. Sjuk Fi iilj1.
GGrA.k Ghio ~. Iii n. - tiyy..E 4, Old bis iutt
IAsA tfAIe t1seIp, ~ Gltx. - a. now 34s, ti1is
luu pc. ~ kuNls - HuNlt1k F.. Asx Aia. tui >
kt. L.. j. l4l.. ltt ~ puia1 { stAls LIns t.1a1
T.. ~. C. 1at ~ J.. Z, 4h t4eAl 5k
T.. Il. ~. as H.. o. l.. b. coh. cup. IL lst
t,.M lst II Il. .t0Ik L. k. coma 5esd it, lux
T., p FtG1 o5!ot4 r. =: con. cup. ~ W
T.. H. T. q, ia41 tHLt y, G. Scn. y !s1 nx;s4
C,+Ht Ar u, l3I7 H. lu} ltIcA. Cen. t4E Ii. ~, IOy
Gil t.ufN J. ltt n o'wite9 NJ j. Sauthn 1T Il II Nm
L. Il. VI hJ.. t.t ST. n. r. Cta. u& lA4a -. tCl
4. r. Of n. J.. .COut'Ils u N, u Guu lk,7,,, jj
r. W; We t4u Ens!. IN n. + Y. H. FsAt estAtti i0t