Montreal herald and daily commercial gazette, 11 juin 1883, lundi 11 juin 1883

[" Taw Ne a -¥ 0,.OT, PERE LE R ong 38 JB 'he ve Be ER + ~~ TRADE & COMMERCE.DEPARTURE UF GCEAN STEANERS.eamer.Date.From.Tovirginian.June 11.Boston.Liverpool Wyoming.June i2.New York.Liverpool Elbe;.\u2026.June 19.New York.Bremon OWB.+5000000 June 12.Boston.Liverpool Illyrian.June 13.Boston.Liverpool Frances.June 13.New York.London St.Gerwain.June 13.New York.Havre P.Caland.June 18.New York.Rotterdam Servia.June 13.New York.Liverpool Republic .June 14, New York.Liverpool Persian M\u2019h.June 14, New York.London Orimoccy.\u2026 June l4.W.Indies Cephalonia.Liverpool Belgravia.Liverpool Eagland.June 16.New York.Liverpooi Werder.Vietoria.+ Switzerland Circassia\u2026.Venetian.Victoria .Brant\u2019d C\u2019y.arisian.June 16.Baltic.June 18_, Phœnician June 18.] Buenos Ayr'nJune 17.Hammonia.June ii.Caspian.June 18.Halifax.Li Bulgarian.June 19 Boston.Liverpool Alaska .New York.Liverpool LChamplain.June 20, Montreal .Liverpool Penmark.June 20.New York .London Fulda.June 2).New York.Bremen Amsterdam.June 20.New York.Amsterdam Scythia.June 20, .New York.Liverpool .New York.Liverpool .Boston.Liverpool .Boston.Liverpool .New York.Liverpool Ethiopia.June 23.New York .Glasgow CofRehm'nd.June 23.New York.Liverpool Sardinian .June 23.Quebec .Liverpool ScandinavianJune 23.Boston .Glasgow Ontario.June 23.Quebec.Liverpool Manitoban.June 24, .Quebec.Glasgow Wisconsin .June 26.New York.Liverpool Missouri.June 27.Boston.Liverpool Greece .June 27.New York.London Lake Huron.June 27.Montreal.Liverpool Gallia .June 27.New York.Liverpool Avlona., June 28.Montreal.London C of MontrealJune 28.Ncw York.Liverpool Circassian .,.June 30.Qucbec .Liverpool Germanic .June 80.New York.Liverpool Prussian.\u2026.June 30.Boston .Glasgow Norseman.June 30.Boston.Liverpool N'castle City.June 30.Boston.London Parthia 30.Boston.Liverpool Furns New York.Liverpool Spain.New York.Liverpool { .TELEGRAPH OFFICES.SOUTH SHORE.| © NORTH SHORE.* Offices.Mis| Offices.Mis Point Levis.5 Quebec.euvue oubsus BIEL.«ous et Montmorency.7 Kamouraska.76/7 Riviere Du Loup.| 111 Chateau Richer.| 18 Trois Pistoles.\u2026.138 Ste.Anne .| 24 MONS PE IE 8t.Joachim.| 80 Father Point, .| 185 Ste.Flavie.| 200/St.Pauls Bay.60 Grand Metis, -| 207:8te.Irene.83 1 210 Murray Bay.! 90 Cap Chatte Light.| 230: 3te.Fidele.107 Gap Chatte Va al ma st Simon.| 118 nne des M'nts | Martin River.303 Anse an Portage.| 146 Mont Louis, ace» i Tadousae .148 River Madeleine.| 35.nes.158 Grande Vallee.} 360 Es 168 \u201cChlorodorme.\u2026\u2026\u2026.375 ÉCOUMINIS.+.0000 000 Grand Etang -.| 384|Mille Vaches.189 Fox River.| 405 Portneuf [\u2019ht H\u2019e.| 210 Griffin's Cove.| 412|Sault au Cochon.,| 218 Cap Rosler.420|Bersimis .248 ANTICOSTI.\u2014 INTERMEDIATE DISTANCES Fox Bay.Fold upiter River.H.P'nt L'thouse.! 23 lOtter Rivers.8.Pnt L\u2019thouse.Shallop Creek.Cape Eagle.Salt Lake.52} W.Pt L\u2018thouse\u2026 $.W.P'nt L*t\u2019se.| 15 |English Bay.MAGDALEN ISLANDS-\u2014INTERMEDIATE DISTANCES.829}Becsie River 17 Amherst.Wolf Island.South Point.Grosse lsland.Etangidu No Grand Entry.- House Harbour , CAPE BRETON\u2014INTERMEDIATE DISTANCE orth 8ydney.| ¢ |[McLennan\u2019s.19 Br Bras d'OP.| 18 |Ingonish Harbour| 19 Kelly's Cove J 2 (Burks.5 Englishtown.\u2026.| 6} Halfway House.9% S.Arm St.Ann Ha| 6 |Asper Bay.143 Baddeck .| 13 |Meat Cove.ol Baddeck .| 13 [Meat Cove.! MARINE SIGNALLING STATION S.\u201cName of Station [Signals] Location.| * L\u2019Isl6t.\u2026.\u2026.\u2026.\u2026.\u2026.Flags.[S\u2019h Shore| 42 Riviere du Loup Soma Do.2% Brandy Pots.- Flags.Do.ree RimousKki.\u2026.\u2026\u2026.\u2026.\u2026\u2026.Do.Do.aes F.P'nt Lighthouse.; Do.Do.153 Little Metis do.Do.Do.175 Matane do.| Do.Do.198 Cape Chatte do Do.Do 230 Martin River do.Do.Do.255 Cape Magdalen do.De.Do.290 Fame Point do.Do.Do.320 Fox River Go Do.Do.330 Cape Rosier do Do.Do.345 Cape lespair do Do.Do.385 P.Macquereau do Do.Do.110 West Point do.Do.|I.Antiet1| 330 S.West Point do.Do.Do.355 South Point do.Do.Do.410 Heath Point: do.Do.Do.435 Becsie River do.Do.Do., 340 Amherst Islanddo.Do.|Mag'n Is\u2019dj.2 Grosse Isle Do.Do.475 Bird Rocks Do., Do.FN Meat Cove Do.|C'pe B'toni.Low Town Do.Do.576 Cap Ray Do.|Newrland|.# Number of marine miles below Quebec.MARINE INTELLIGENCE PORT OF MONTREAL.ARRIVED\u2014 June 9.Brq Peter Crerar, 628, T Whalen, master?from Bahia, April 25,' sugar, Anderson, McKenzie & co, agents.; \u2018Brq Wolfe, 948, J Reid, master, from Pictou, May 29, coal, Anderson, McKenzie & co.agents.SS Thornholme, 1,101, W Holmes, master, from Sydney, CB, June 4, coal, Kingman, Brown & co, agents.CLEARKD\u2014J une 9.S8 Coban, 688, D Anderson, master, for Sydney and St.Johns, Nfld, general, Kingman, Brown & co, agents.SS Quebec, 1,731, G J Cross, master, for Liverpool, general, D Torrance & co, agents.VESSELS IN PORT.Steamers.Thornholme, 1,101, Kingman, Brown& co.Sarnia, 2,421, D Torrance & co.Parisian, 3,440, H & A Allan.York City, 1530, J G Sidey.Bristol, 1274, R Reford&co.Barques.Peter Crerar, 628, Anderson, McKenzie & co.Wolfe, 948, Anderson, McKenzie & co.Tevioh, 433, Captain.Bolivia, 921, J Hope & co.-Gylfe, 984, W Ross&co.Carla, 502, J Hope&co.Muriel, 626, Mu .derloh&co.2 Lorua Doone, 366, Anderson, McKenzie&co.Latona, 544, D MePhie., August Lefilert, 517, R Reford & co.Ivy, 578, W Glen.Deéodarus, 286, Gillespie, Moffatt & co.Wimmera, 943, R Reford & co.Cupid, 650, Anderson, McKenzie & co.Brig.Olinda, 326, Osborne, Son & co.PORT OF QUEBEC.Arriven\u2014June 9.Brig St.George, Merzendorf,Port Madoc, Peter Robinson, ballast.Brq Latona, Hurry, Amsterdam, J Sharples, Sens&co, ballast.Brq Botvid,Henrichsen, Blage,H Hagens &Son, ballast.\u2018 ' 88 Somerset, James, Bristol, Henry Fry &co, general.Ship Queen of the North, not reported.June 10.88.Sardinian, Dutton, Liverpool, Allans, R & co, general.Brg Tivoli, Ross & co, coal.Brqtn Our Annie, Emond, Trinidad, D &J MeGuire, molasses.ol Thetford, Walton, Picton for Montreal.8S.Daylesford, Jones, Cow Bay for Balfour, Grangemouth, \u2018port last night, reports :\u2014May 29, passed AND DAILY COMMERCIAL GAZETTI ! | less every place into which trade ramifies.But as a whole the world is at peace, the i disturbing elements of society are less | rampaut than they were, and there seems VOL.LXXV.\u2014No.138.MONTREAL, MONDAY, JUNE 11, 1883.PRICE.THREE CENTS > 83.Ottar, Mayming, Fraser & co, fish and oil.Brqnt St.John, Busse, Barbadoes 'for Montreal.Brq Henry.CLEARED\u2014June 9.Brq Ageaoria, Kuill, Newcastle, J Sharples Seus&co.Ship Emar, Tambarskjalver, Winsres, Liverpool, R R Dobell&co.Brq Attila, Garrick, Newcastle, R R Dobell&co.Brg Gatineau, Wilson, Greenock, R R Dobell&eo.Brq Danrobin Castle, Logan, Aberdeen, J Burstall&co.Brq Nina, Burnett, Montrose, J Sharples Sons&co.Brq Norway, Ommundsen, Dundee, J Burstall&co.SS Corean, Moore, Montrèal, Allan Rar&co.Barge Julien, Bismarck, Laroche, Mont-; real, John Baile.Brg George Gilroy, Johnston, Greenock, J Burstall&co.| SS Bristol, James, Montreal, Henry! Fry&co.Irems\u2014June 9.Capt Moore, of the SS Corean, at this 3S Hanoverian, bound east, in lat 51.52 north, long 16.25 west; June 3, passed two large icebergs in lat 48.49 north, 45.43 west; SS Peruvian bound east in lat 46.37 north, long 52.54 west; one brq at anchor below Green Island; one ship, one brq and ore brigt at the west end of Green Island, and one brq at White Island, all bound up; two bras off Basque Island and one at Cacouna, all bound down; one painted port brq off Cape Diable, bound down ; ship Progress, in tow of tug \u201cChallenger\u201d at the Pillars; brq Donald Ferguson at Green Island reef, dropping down; S8 Lake Manitoba, off Bellechasse, bound down; ship Cosmos, at the Pilgrims, bound down, te replace a black buoy off the Pilgrims shoal, and a .three-masted SS going down the north channel.The Norwegian brq Heary is reported in the river at hand, inwards.The brq Bury St Edmunds has arrived at Rimouski, where she will load.SS Corean this morning and Bristol at 1.30 p m, both proceeded to Montreal.The tag Eclipse left for Montreal at 4 p m with four barges in tow.The Mail SS Sarmatian proceeded to sea at 1 a m, and the 8S Toronto about the sane time, .The following steamships arrived from Montreal to-day and proceeded :\u2014Missis- sippi at 2 pm; Ocean King at 3 pm; Lauderdale at 3.30 p m and Tunstall at 6.15 pm.The bLrq Dagny arrived from Three Rivers at 2 p m in tow of tug Aurelie.The tug Royal arrived down this afternoon with a raft of square timber for A & P White, being the first square timber raft to arrive from Ottawa this season.The tug Albion arrived with a deal raft for Hamilton Bros, and tugs Canada and Gatineau arrived, each with saw log rafts for W G Ross and G B Hall&co respectively.The tug Resolute left at 4.30 pm with a schooner and a gang of men for Trinity Bay to endeavour to raise the Norwegian brq Melicete, previously reported ashore here.There is a scarcity of ship labourers here for the momeut.Stevedores are working vessels with half gangs, but as ships are gelting away to sea fast this state of affairs will soon be remedied.June 10.Capt Dutton, of the Mail SS.Sardinian, at this port at 7.45 a m, reports having ex- rienced fine weather on the passage; on st inat off Torey Island parted company with the SS.Grecian bound west; same day 3.00, west, off Torey Island, parted company with SS.Circassian bound west ; on the Tth, off St.Pierre, passed 8S.Lucerne bound east; vesterday, off Bic passed SS.Sarmatian bound down ; passed about a dozen vessels between Crane Island and Bic bound down ; brignt St Joseph nt Cape St Ignace bound up.Among the Sardinian\u2019s passengers are 3 bands of children, numbering about 301.They are brought out by the charitable associations under \u2018charge of Cardinal Man'-ing, Miss Rye and Miss Bird.Tne screw tug str Robert Stokes, owned by Mr Holden, has been chartered by Mr McDonald, contractor, to work for season in connection with dredge operations at Montreal.She left for Montreal this, morning.| The SS.Thetford left for Montreal at: 4.30 a m.The tug Royal left at 5 a m with 4 canal boats for Chambly.The SS.Daylesford left for Montreal at 6.15 pm.The SS.Colina at 8 a m, Coban at 5 p m and Quebec at 5.20 pm, all arrive from Montreal and proceeded, The SS.Sardinian will leave for Montreal to-morrow.BELOW QUEBEC\u2014June 9.Heats Poixt\u2014One brq inward at 9 am, Soura Porxr\u2014Seven sails inward this am.Sourawest Porxr\u2014One SS inward at 10 a mi very far off.River Du Lour\u2014One 3-masted SS outward.Famr Point\u2014Cloudy ; southwest wind ; one 2-masted SS outward at 10 a m ; One 3-masted 33 outward ot 2 p m ; five ships and 88 Netley Abbey, of Cardiff, inward at 1.50 p m.Care Rosier\u2014Cioudy ; ther.56° ; stiff southwest breeze ; one ship inward.Magparnes Licir \u2014One 2-masted 88 out-' ward at 4.20 a m ; one 2-masted 88 inward at 5am ; one 3-masted SS outward at 3 a in ; SS Lake Manitoba outward at 2.29 pm.cs oh Grant MarTIN Riven-6S WIR.inward at 11 am ;.one Beaver Line 8S outward at 11.30 a m.Cape Cuarre\u2014SS H.B.T.R.inward at noon ; one 2-masted 88 inward at 2 p m ; two ships inward and one outward to-day.MATANE \u2014One 3-masted SS outward at 7 a m ; one 8S inward in sight and one schr outward.; Meris\u2014One 3-masted SS inward at 1 pm.L\u2019Isuer\u2014SS Sarmatian at 12.20 am ; SS Toronto outward at 1.45 p m ; three brqs under sail outward.MacpaLeN Licar\u2014SS Atlantic inward at3am; SS HB.T.R.at 4am.June 10.Farueg Poist\u2014 Weather cloudy; stiff N Montreal.E wind; SS Canadian outwards at 225 yesterday; 8S Toronto outwards at midnight; 88 Ocean King outwards at 345 a; SS Mississippi outwards at 5 15 a m; SS Netley:-Abbey inwards at 10 a m.Fox River\u2014~Fogey and rainy; moderate east wind; 3-masted SS outwards at 9 30 à tu.Magpalky Lmer\u2014Fogey and rainy; fresh E wind; ther 45; one 2-masted SS inwards at 8 a m; one Allan line 88 outwards at 9 a m; SS Loronto outwards at 2 30 pm; one ship inwards to-day.MarTix Riven\u2014Cloudy; light breeze; E wind; SS Melrose Abhiey inwards at 1 p in; 83 Ocean King outwards at 2 p m.Car Crarre\u2014Cloudy and cool; strong N E wind; one Zmasted 8S in sight inwards.Maraxe Lieur\u2014Rainy and cool; fresh N E wind; one ship anchored here yesterday at 755 pm; one 2-masted 88 inwards at | 5 30 à m; one ship inwards this a m; one 2-masted SS outwards at noon.Low Pornr\u2014Light E wind; cloudy; inwards steamers Nettlesworth and Juliet.L\u2019Iscur\u2014Cloudy; strong east wind; -one 2-masted str, showing H BL R, inwards at hoon.Hazirax, June 9\u2014The SS Carroll arrived from Charlottetown, P.E.L, and sailed this evening for Boston.LAKE PORTS.Port CoLBorNE, June 9.\u2014Up\u2014Str Albion and bge Ark, Kingston to Chicago.Porr Darnousie, June 9.\u2014Up\u2014Schrs Arctic, Collins Bay to Toledo; C B Jones, Oswego to Chicago, coal; May Wiley, Toronto to St.Catharines, lumber; prop Northerner, Ogdensburg to Chicago.Down\u2014Schrs G M Case, Chicago to Oswego, corn; Mary, Cleveland to Kingaton, coal; steambge À H Jennie, Port Stanley to Kingston, wheat.\u201c Arrived-\u2014Prop Ocean.Departed\u2014Prop Ocean for Montreal.Hawrrrox, June 10\u2014The propeller Lake Michigan left this morning for Toroato, where she will'take on a load of wheat for Montreal.The propeller \u201cCeltic will not call at Hamilton on her way from Montreal, but will go to Chicago.FOREIGN PORTS.Havre, June 9.\u2014Arrived\u2014Fran :e.New York, June 9\u2014Avrrived\u2014 Elbe, from Bremen ; Switzerland, from Antwerp, New York, June 10\u2014Arrived\u2014Britan- nic, Baltic and Alaska, from.Liverpool; Havre, from Havre; Salier, from Bremen.Caprz\u2014Cld May 22, Willie, Leaman, Newfoundland; Fruit Girl, Driscoll, do; Hetty, Dyer, do.; Sid May 22, Heroine, Wilkins, Newfoundland; Pass-by, Ariel, Goss, do; Minuie, Bowen, do; Isabella Helen, Trescott, da.Havre\u2014Sld May 24, John Murphy, Cosman, St John, N L\u2019OrrenT\u2014Sid May 24, Albion, Rund, Pensacola.Lissox\u2014Sld May 22, Christophersen Miramichi.ToxsBerG\u2014Sld May 16, Tjomo, Bache, Quebec.Barsanors\u2014Sld May 10, brig St Joseph, Rasse, Montreal.MONTREAL, June 9.\u2014A meeting of the stockholders of the New Brunswick Steamship Company was held yesterday afternoon at the office of Messrs.Troop & Son.The old directors were re-elected.It was stated that the company has contracted for the purchase of a steamer of some 1,500 tons kurden 10 replace the \u201cCedar Grove,\u201d [to ply between St.John and English ports.]\u2014 St.John, N.B., Telegraph, June 7.\u2014The market for deal freights at St.John, N.B., has been unusually quiet, and brokers have transacted little business.Tonnage was never so searce as at present, and with rates even firmer than usual it is an impossibility to obtain vessels.An increase in rates might prove an attraction, but the depressed state of the English market does not warrant shippers in enlarging their figures.The characters \u2018effected this week have been very few.They include: brigt \u201c Romola,\u201d 208, Clonakilty, 67s 6d; brq \u201cCato,\u201d 342, Musquash to Liverpool or Bristol Channel, 62s 6d; brq \u201cFannie M.,\u201d Musquash to Liverpool or Bristol Channel, 62s 6d; brigt \u201c Martha M.Palmer,\u201d Point Wolfe to West Coast England, 70s.\u2014A proposed flour mill in Minneapolis will have a capacity nearly double that of the largest of the great mills now in operation, and be able to grind 8,000 barrels of flour per day.\u201cThe magnitude of the proposed mill,\u201d says a Minneapolis newspaper, \u201cwill appear by considering that the building will have to be as much as 250 feet square and six stories high, besides a storage elevator with room for 500,000 bushels of wheat.It will turn out 64 barrels of flour per minute, 333 barrels per hour, 8,000 barrels per day, 2,400,000 per year (300 days).It wil require 10,000,000 bushels of wheat per year to supply it, and the value of its annual products will be at leat $14,000,000.It will make one- third of the present wheat crop of Minne gota into flour, and require an army of men to carry on the work growing out of its operations.\u2014A despatch from New York says that the general freight agent of the New York Central says that the four trunk lines are strictly maintaining rates, and that the alleged intention of the company to issue a circular of reduced west-bound rates is untrue.The question of Lackawanna\u2019s cutting is under discussion at every meeting of the pool, and will result in the latter company coming into the pool as soon as the amount of its business can be definitely aseertained.An officer of the New York Central, who is authorized to speak on the subject, is reported in the New York Times as saying, with re- ard to the abandonment of the Great Western Division of the Grand Trunk road by the Michigan Central, \u201cThe Michigan Central has become the proprietor of the Canada Southern through lease, and it simply transfers to its own line the business that it has in the past been conducting over the Grand Trunk.The plans that were announced several months ago are simply being put into operation.I don\u2019t think that it follows necessarily that there will be a war of rates in consequence between the Canadian lines.\u201d p 11; SS Sarmatian outwards at 10 15 p m | Crispin, do; 23rd,| FINANCIAL, MONTREAL, June 9.The week closes upon a much improved market, There is a sharp revival to be noticed in all departments of trade and commerce throughout the country.The uncertainty which existed in financial circles for months past, has been dispelled by the recent publication of the earnings of our leading banking institutions, all of which have presentéd statements testifying to the soundness of trade generally» and foreshadowing.as bright an outlook for the present year, In another column will be fouud the annual report of the Directors.of the Eastern Townships Bank, and the good luck and prosperity which has attended the other banks of the Dominion during the past year has been with it also.As will be observed, the business, as eompar- ed with last year, has increased by $39,- 655.The net profits for the year, after deducting charges of management and making proyision for bad and doubtful debts, foot up to $188,751, to which must be added balance at credit of profit and loss account for 1882 $3,242 making a total of $191,993 ; out of which was distributed to the shareholders two half-yearly dividends of 34 per cent.' amounting to $97,980 with $80,000 carried to the Rest, making this account now $350,000, leaving a balance to credit of profit and loss to be carried forward this year of $14,013.The statement is a highly satisfactory one, reflecting the greatest credit on the Directors and officers of the bank.The annual statement of the Dominion Bank of Toronto is also to hand and is an excellent exhibit.It will be found published in another column.The capital has been increased during the year by $500,000, wbich was issued at a premium of 50 per cent.The profits for the year were $263,972, which is a trifle more than 17} per cent.on the increased capital, which, added to the amount received for new stock and bai- ance from last year, amounts to $519,640.There has been paid out of this a yearly 10 per cent.dividend on the capital amounting to $149,364 and carried to rest $360,000, leaving a balance to be carried forward of $15,275.The Rest of the bank is now at $850,000, or nearly 57 per cent.on the capital.There is no change to note in the local money market ; there is no lack of loan- able funds, and the wants of commercial borrowers are fully met.Prime mercantile paper is discounted at 64@7, as to name and date, and call loans are obtained at about £ per cent.We notice by our latest English mail advices that the financial situation in London hasimproved.As the Economist remarks money has been more wanted, and the supply is not large.To look a little further, trade appears to be improving both at Manchester and Bradford.It has been observed.that the requirements for loans have principally been in small amounts, which, taken together with the more active demand for cash, indicates an extension in the circle of operations.The banks, both in the metropolis and the provinces, do not appear to hold any very large supply of unused money.Hence any revival of business demand such as this season not unfrequently brings would cose on a market rather bare of cash, and would influence it accordingly.The Bank of England reserve is now £10,400,000, an increase of nearly £600,000 on the week.This is part of a periodic movement in the month of May, which the following figures will explain : MOVEMENTS IN THE BANK RESERVE AT THE END OF MAY.1588.1882.1881.1880.3rd week in May 593,000 817000 476000 583,000 inal week in MAY.761,000 460,000 159,000 The first line of the above shows an increase all through, and the iatter & decrease.The usual reductiq in the reserve at the end of the-month will doubtless follow in due course.Continuing, it says: \u201cThe movements in the foreign exchanges are more in our favour during the week.By comparing their position this week with what they were three weeks ago, we can see what the influence of raising the Bank rate on them has been.At present, however, none.of the exchanges have reached a point at which gold would move toward ws.If the Bank were to raise the buying price of eagles, this might assist in bringing gold from New York, though the American banks are believed to be unwilling to part themselves later on.Up to the present date the alteration of the Bank rate has had but little influehce in attracting bullion.Till it has dohe so, nn permanent ease in the money market can be locked for, though there may be, as this week, temporary and slight fluctuations in the demand for money.\u2018 The market for Stegling Exchange remains dull at 93\u2018 @ 9} for bankers\u2019 60-day bills, and 10 demand.Documentary 81 @ 83, and currency on New York 1-16 premium.The Foreign Exchange market in New York was quiet during the forenoon and rates were unchanged.There are\u2019 compara- tively few commercial bills offering, Postwith their bullien, whith they may want ed rates were 4.86 and 4.89}.Actual The following were the fluctuations in days, 4.854@4.853 Demand, 4.885@4.88%.Cables, 4.895 @ 4.893.Commercial bills 4.834 @ 4.844.Continental bills were as follows, viz.: Francs, 5.18% @ 5.19% and 5.16} @ 5.167.Reichsmarks 943 @ 40} and 40 3-16 @ 401.The following are the posted rates o f the leading drawers of foreign exchange : 60 days.3 dayr.Sterling .vee 4.8 395 Paris, franes .Antwerp, francs Zurich, Iranecs.Berlin, reichsmarks.Cees Bremen, reichmarks.\u2026\u2026.\u2026\u2026.9B 95 Hamburg, reichsmarks.95 95 Amsterdam,guilders.cere.48} 4 The N.Y.Post believes that there have already been some offers of bills to be drawn against expected shivments\u2019 of grain in July and August, and very soon there will be offers of bills to be drawn against shipments of cotton in Septem: ber.Still another feature is that there cannot be any considerable selling of American railway stocks on foreign account to create a demand for exchange, because it ig believed that Europe hasnot for a good many years held so few American railway stocks as at present.European holders became so distrustful of the management of American railways last year that there was a tontinuous movement of stocks to this country for seven or eight months up to about March this year, when the movement abated because there were so few American stocks leftin Europe to sell.The general aspett ofthe situation, therefore, is in the direction of lower rates for exchange, and, while these may not come immediately, it is at least pretty clear that there cannot be any considerable export of specie, as was apprehended a few weeks ago.Consols in London are firm at 100 5-16 for money and 100 9-16 for account.United States bonds steady, 43s at 115; 5's at 1054, and American railroad securities irregular.Erie, 37; Illinois Central, 1484.Atlantic and Great Western second mortgage trustees\u2019 certificates, 47%; Erie, 37 ; do.second con- sols, 98 ; Illinois Central, 1484 ; Reading, 29% ; New York, Ontario and Western, 27%.The Bank of England gained on balance torday £45,000.Paris advices quote 3 p.c.rentes at 79 francs 10 centimes for account.The New York money market is easy at 24 on call loans on stock collaterals, The New York shares market was fairly active and strong and on the day\u2019s business there is an improvement of about } @1% p.c on the general list.Compared with a week ago prices are generally higher, viz., Alton amd Terre Haute 7, Burlington and Quincy 13, Canada Southern 14, Canadian Pacific §, C., C.C.& 1, 4}, Central Pacific 1, Lackawanna 1}, Erie 1}, Illinois Central §, I.B.and W.2, Kansas and Texas §, Lake Shore 1, Long Island 5, Louisville and Nashville §, Michigan Central 13, Manhattan Beach 24, Missouri Pacific 1$, New York Central 4, New York, Chicago and St.Louis 14, preferred 24, Jersey Central 37, Northwestern 2, preferred 24, Northern Pacific 3, preferred 1, Ohio Southern 14, Oregon and Transcontinental 13, Ontario and Western §, Pul'man Palace Car 8, Reading 4, Rock Island 23.St.Paul 3, Manitoba 13, Union Pacific 2}, Texas and Pacific 1, Wabash §, preferred 14, Western \u2018Union 2.The following were lower than a week ago, viz :\u2014Colo- rado Coal §, Memphis and Charleston 1}, Richmond and West Point 12, Richmond and Allegheny #, Rochester and Pittsburgh }, San Francisco preferred 1%, Omaha §, preferred 14.The weekly statement of the New York banks for the past week shows a large expansion, the increase of loans being about 1 per cent.on the amount of the previous week, when the total was $317,575,800.The increase of loans this week has also made a nominal increase of almost an equal amount in the deposits, and the increase of these nominal deposits making a requirement for an increase in the reserve, which has not been made up by deposits of actual money, the effect has been to prevent any incxease in the surplus reserve this week.The expansion of the loans would indicate that a large amount of money had been provided for speculative purposes, as there has been no requirement for any such increased bank accommodation for any regular trade purposes.The principal items in the statement are as follows, viz.:\u2014 LOANS.000conorsaa ver era ste c 0000 Inc.$3,560,800 Specle.iiieiiiriirsiiiirisieeiie.Dec.700,600 Legal tenders.Ine.1,784,500 Deposits.Inc.4,361,500 Circulation .beeen, Dec.79,500 These changes reduce the surplus reserve $2,475, which leaves it at $9,069,175, against $9,071,650 last week, $5,135,325 a year ago, and $8,805,300 in 1881.The following is a comparison of the averages of the New York banks for the last two weeks :\u2014 EE 2e 500 61/560/000 Dec.700,600 24,552,500 26,341,000 Inc.1,788,000 Deposits.810,929,400 315,290,900 Inc.4,361,500 Circula\u2019n.16,021,300 15,941,804 Deetween the reserve and the liabilities :\u2014 Specie.$62,251,500 $61,550,900 Dec.§ 700,608 Leg.Tend\u2019s.24,552,500 26,341,000 Inc.1,783,500 Totalreserve.$86,804,000 $87,891,000 Inc.$1,087,900 94% and 95} @ 95%.Guilders 40 1-16 @ E rates were as follows, viz: Sixty- | New York to-day: \u2014 23 EF 9s STOCK £4] i 2 = : 5.cs == : \u20ac5 8h3]2| 2 SEIS] 15 Western Union 6 © 864° $61 8631 4900 Lake Shore .JHOHLLS 11151110) 6400 Pacific Mail.Hated sl 4600 re.361! 305 874) BTE.0.2nd BO hoe bee ¥ owed 0e 81 [.Ohiv & Miss 3341 34 je.2 | 84 La.North-West.1313 134} 184ÿ/1842| 5400 Do.Pref.15141815 .0f.20f0000e St, Paul.ius 104310441105 12800 Do.Pref.200.120 LL Michigan Central.voi 964 97 | 974 3600 Jersey Central.| 88 j 85}; 863 863] 14000 N.Y.Central , .1235124 1243124 | BU Del., Lack.& West .1275128 \u20181257 128 | 3U80U Del.& Hudson.dei 1104 1100 St.Joseph.ve ccocsfsocofesse Lona ees Do.Pref.\u2026.c\u2026sjrcrnleeee Lado dees Rock Island .19253, 0,126 126 |.Ill.Central.l UASS IS.0i 000 » B&Q.1244125 12511251) 4200 Reading .Kansas & Tex.Chesh & O.Canada Southern.| 66] ] St.P.& Omaba.\u2026\u2026\u2026.\u2026.463).463 SW Do.Pref.aries JuostlL fl) 0 D.R.473) 474) 473) 474 1300 N.Pacifie 513! alf 514 5300 Do.Pref.8311 89° 893 Ont.& Western.Lili 27 | 27} Ohio Central.143} 113.4.Erie & Western.BOij.es jesuofees Mob.& Ohio.wrcveosforunfe soupes cu fenes Lou.& Nash .| 508 514} 51% > C.C.&I ae.San Francisc Coes aus Tex.Pacific.of ; 3 Cent.Pacifi | 774 3.77} Exohange.se vejosoufsonclsrc00 .Money .occoviiennn ns Soit hasil 00 SUP ON ae en ua (ii 1 00 Canadian Pacific.623! 625.1623).EASTERN TOWNSHIPS BANK.#dnnual Meeting, 1883.Phe Annual General Meeting of the Shareholders of this Bank, was held at their Banking House in the City of Sherbrooke, on Wednesday, 6th June, inst., only a small number of Shareholders being present.The mecting was organized by the election of Austin T.Foster, Esq., as Chairman, and Wm.Farwell, the General Manager, as Secretary.Col.H.N.Kippin, and Majer I.Wood, were elected Scrutineers of Votes.Minutes of last confirmed.R.W.Heneker, Esq., President of the Bank, submitted .the following :\u2014 REPORT.The Directors, in again rendering to the Stockholders an account of their stewardship, have the pleasure to congratulate them on the satisfactory state of their affairs.The balance of profit brought forward from the preceding year was $3,242.53, to which has been added durirg the year a net profit, after providing for salaries, office expenses, interest to depositors, and bad and doubtful debts, $188,751.15.As compared with the previous year the account shows the satisfactory increase of $39,655.47, but the history of the past prevents the Directors from being over sanguine at such a result.In banking so much depends on the working of the institution, consideration being demanded on the one hand as to the rate at which money can be loaned, and the demand for money; and on the other, on the resources of the Bank through its circulation and deposits apart from its capital, that fluctuations in results must always be looked for.Such fluctuations are sometimes indeed useful, as they tend to draw out the energies of the Directors and the regular Bank staff.It is always wise -during times of prosperity to provide for the day of diminished gains, and even against loss.The history of ail human affairs, not of banking in Canada only, shows clearly enough that a period of activity will be followed by a period of depression, that years of plenty will be succeeded by scarcity.Acting on this principle the Directors have thought it prudent to follow the example of the most successful banking institutions of the country in determining rather to strengthen their reserves hy increasing the Rest than to pay heavy dividends.On the 2nd January last a dividend of 31 per cent.was paid, and at their meeting yesterday the Directors declared a like dividend of 34 per cent., payable on the 3rd July, which two dividends absorbing $97,980.16, leave the balance of $94,- 013.52.Of this $80,000 has been carried to Reserve Fund, making this fund $350,- 000, and leaving $14,013.52 at the credit of profit and loss.e head office and the several branches have been carefully inspected during the year, and thé work has Been found very satisfactory.The volume of business has greatly increased all over the Townships, and the wealth of the country may be judged of by the fact that the total deposits on the 15th May last when the books were closed amounted to $2,154,- 745.88, of which $1,766,115.64 were on interest.Compare this with some ten years ago, when the total deposits were under half a million dollars, and the advance in wealth will seem surprising.The above amount dees not of course include Government deposits of any kind.Signs are not wanting however that the great prosperity which the country has Soyed for some time past has already received a check.Complaints are Leard that trade is dull at the great centres, and that manufacturers\u2019 stocks of merchandise are accumulating on their hands.No doubt precautions are necessary, lest the impetus given by the building of railways and an unusually large immigration may induce an undue importation and expansion of trade.But the Directors believe that 1f Canada should be favoured with a fair harvest, (which despite the ungenial weather of the last month we may yet | Directors are called upon to announce see) and that ordinary common sense be | that shortly after the last annual meetin displayed by the people, coupled with | this Bank wasdeprived by death of the economy of living and abstention from | service of the Vice-President, Mr.Pel wild speculation, there is no immediate | Howland, who filled the position wit rospect of the recurrence of a panic or 79, 3 The following shows the relation be- hard times, No doubt in these days of rapid intercourse of nations by the telegraph and | Mr.Wilmot Matthews competition in trade, the whole world is | Directordrawn closer together than formerly, and | your Directors believe to be i : disaster in one country affects more or | terests of the Bank, the centlemen ean Annual Meeting having been read and | | no immediate prospect of «crious trouble.With these few general remarks the Directors submit the following Statement | of Profit and Loss, and the Balance Sheet tof thie Bank at the 15th May last.Sigued on behalf of the Directors.R.W.HENEKER, President.PROFIT AND LOSS STATEMENT FOR YEAR ENDING MAY 15, 1883, Balance at credit of Profit and Loss carried forward from 15th May, 1882.$s Profit of Head Office and Branches, after deducting charges of Management, Interest due Depositors, and providing for bad and doubtful debts.3,242 53 188,751 16 191,993,688 Deduct\u2014 Dividend of 3% per cent, paid January 2nd, 1883.Dividend of 3; per cent, payable July 3rd, 1883.48,800 67 Transferred to Reserve Fund.coov len.80,000 00 Balance of Profit and Loss carried forward.$ 14,013 52 GENERAL BALANCE SHEET, MAY 15TH, 1883.© Liabilities.Capital paid in FR eserve Fund .330 { Profit and Loss Baic® 50,000 20 ance.14,01¢ Dividend No.47 of 3} 013 82 per cent., payable 3rd July next 48,989 19 177,980 16 $1,399,739 85 48,990 67 855,011 09 55,783 64 50,000 00 17,127 68 388,690 24 1,766,115 64 1,856 50 E.T.Bank Bills in Circulation.Dominion Deposits on Demand.Dominion after Notice Provincial on Demand.Other Deposits on De- 413,004 19 Deposits mand.Other Deposits after Notice.RAR Dividends Unclaimed.Due other Banks in 26,957 82 1,364 21 Kingdom.Other Liabilities 22,279 86 635 70 3,185,766 77 $1,908,510 81 ASSETS.Species.anus e 100,787 6 Dominion Notes.; 0 Bills and Cheques on other Banks., 18,628 31 Due from other Banks in Canada.261,933 78 Due from other Banks 3 not in Canada.156,354 75 634,372 46 Bank.Premises and Furniture.100,030 09 Current Loans, Discounts and Advances to the Public.4,095,019 97 Other Asstts.25,173 48 Notes and Bills Overdue and other Debts, secured by mortgage, and Real Estate.123,781 38 Notes and Bills Overdue, and other Overdue Debts, not speci ally secured.,.20,163 53 $4,364,188 36 - $4,998,510 81 Wi.FARWELL, Gen.Manager.After concluding the report, Mr.Heneker addressed the 1neeting at some length, and moved that the report be received and adopted.The motion was seconded by A.A.Adams, Esq., and carried unanimously.The usual votes of tharks to the President and Directors, and to the General Manager, Managers and other officers, were then passed, after which the election of Directors was proceeded with, and after all the ballots had been received, the scrutineers reported the following shareholders duly elected, viz.: R.W, Heneker, Esq., A.A.Adams, Esq., G.K.Foster, Esq., Hon.J.H.Pope, Hon.G.G.Stevens, Hon.M.H.Cochrane, T.8.Morcy, Esq., John Thornton, Esq., and G.N.Galer, Esq., being the old Board.There being no further business before the meeting, Major Wood was requested to take the chair, when a vote of thanks was passed to Mr.Foster for his able con- duet as chairman of the meeting.At a meeting of the new Board, R.W.Heneker was re-elected President, and A.A.Adams Vice-President.DOMINION BANK.Proceedings of the Twelfth Annual General Meeting of the Stockholders, held at the Banking House of the Institution in Toronto on Wedresday, 30th May, 1883, The annual general meeting of the Dominion Bank was held at the banking house of the institution on Wednesday 30th May, 1883.\u2019 Amongst those present were noticed Messrs.James Austin, James Crowther, Walter S.Lee, James Scott, Hon.Frank Smith, R.S.Cassels, William Ramsay, Anson Jones, W.T.Keily, William Mulock, E.B.Osler, Wilmot D.Matthews, R.H.Bethune, E.Leadlay, Aaron Ross, George Robertson, A.K.Roy, J.O.Howdrd, ete.It was moved by Mr.Aaron Ross, seconded by Mr.George Robertson, that Mr.James Austin do take the chair.Mr.Anson Jones moved, seconded by Mr.W.D.Matthews, and Resolved\u2014That Mr.R.H.Bethune do act as Secretary.The Secretary read the report of the Directors to the shareholders, and submitted the annual statement of the affairs of the Bank, which is as follows :\u2014 Balance of Profit and Loss Aceount, 30th April, 1882.Profits for the year ending 30th April, 1883, after deducting charges of management, etc., and making full provision for all bad and doubtfuldebts.Add received for $495,750 of new stock, allotted at 5) per cent.pre- $ 3,74 75 263,972 77 INiIUM.2.20 00u0 a ans cena ca cena anna e Ty Add received for $4,250 of new stock 247,875 00 sold.iene COST OUE 4,068 38 Dividend 5 per cent., paid $519,640 91 1st November, 1882.,.$ 74,406 78 Dividend 5 per cent., payable 1st May, 1883.74,958 62 149,365 40 $370,275.51 Carried to Reserve Fund.$350,000 ?Written off - Bank Pre 00 00 mises Account.5,000 00 355,000 00 Balanee of Profit and Loss carried forward.oociiiiie cin $ 15,275 51 The increase to the capital stock of the Bank resolved upon at the last annual meeting (namely, $500,000) has been taken up, and the premium on same add the Reserve Fund.od to It is with feelings of regret that your great ability since the Bank business.The Hon.Frank Sm appointed to the Vice-Presidency, and was elected a Both of these appointments AE a pp MT TS maim + 2 im min = Ais a 2 Te i = \u201cthe season late.Trust MUNTRHai, HERALD AND DAILY COMMERCiau GAZETTE, MONDAY, JUNE 11! being well known in the community for integrity and business capacity.JAMES AUSTIN, President.Toronto, 30th May, 1883.GENERAL STATEMENT.Liabilities.Capital Stock paid Up.\u2026.\u2026.\u2026.\u2026.\u2026 $1,499,172 50 Reserve Fund.$ 850,000 00 Balance of Profits - CL ried forward.15,275 51 Dividends unciatmed, 909 00 Dividend No.2t, pay- Le nble ist May, Levi 408 62 eserved for interes era 15 Re Exchange.46,359 15 Rebate on Bills Dis- 22.417 D ountea.\u2014 -+++0w0e « i counted .- 1,000,920 07 $2,509,002 57 Notes in circulation.$1,205,216 00 Deposits not beuring - interest: Lance a nes \u2026.992,333 91 Deposits bearing in- _ torost JN 3,092,558 46 Balance ue, to Suber s in Great Brit-.\u2018 NE ene 183,085 14 : \u2014 6,438,188 5 $8,942,286 07 ASSETS, Specie .Lu.3 156,183 5 ominion Govern - ment Demand Notes 448,156 00 Notes and Chegues oO other Bans.Che 267,967 50 Balances ue from other Banks.coe.406,760 48 \"| en securi- NE 580,128 49 Municipal and other tures.593,357 95 Debenture! $2,402,554 37 Bills discounted and curren including - advances on call }.$6,425,253 58 Overdue debts secured 14,354 Overdue debts not specially secured (estimated loss provided (0) 3 JN EL 19412 ë Real Estate.» 5 Bank Premises : 75,353 44 Other assets, not included under fore- ingheads.4,110 25 going hed \u2014 $6,589,781 70 $3,942,286 07 R.H.BETHUNE, Cashier.DOMINION BANK, Toronto, 30th April, 1883.UNITED STATES CROPS.The following is a telegraphic summary of the latest report of the United States Department of Agriculture :-\u2014\u2014The reports show an increase of cotton area sligatly exceeding three per cent., Florida and Tennessee fail by one point to maintain their area, and there is a decrease of \u2018about ten percent.in cotton districts of Virginia and Missouri, an incrense of eight er cent.in Texas, seven in Arkansas, Eve in Louisiana, three in Alabama, two in South Carolina and Mississippi, and one in Georgia.The low temperature and rains of April have delayed planting and retarded the growth.All returns make The average] condition is 86, against 89 in June last year, which was lower than for several years, though improving constantly afterwards.The condition of winter wheat is reported lower than in May throughout the entire area, with few exceptions.The decline amounts to four points in Connecticut, 14 in New York, 2 in Ohio, 8 in Indiana, 15 in Illinois, 7 in Missouri.It is slight in Michigan and generally throughout the South.The general average condition is 75, against 83 in May.In June last year it was 99.In New York it is 63.The spring wheat area has been increased about half a million acres, or nearly five per cent.Minnesota makes an increase\u2019 of 5 per cent, Nebraska of 7, Dakota of 40, and Montana of 35.The spring wheat States have an acreage of nearly 10 million acres.The condition of spring wheat is everywhere good, averaging 98, the same as last year.The area of barley has increased 5 per cent.Total acreage about 2,350,000 acres.\u2018The condition averages 97.The increase in acreage of oats is four per cent, makirg the area nearly 19,200,000 acres.The condition is 96 per cent.RAILWAY NEWS.\u2014East Tenn., Va.,, Ga.railroad for month of May, 1883, $278,837; do., 1882, $231,146; increase, $47,691.\u2014The earnings of the Little Rock, Mississippi River and Texas Railroad for the month of May were : 1883, $28,516 ; 1882, $19,732 ; increase, $8,784.\u2014The earnings of the New York and New England Railroad Company for the month of May were : 1883, $290,951 72 ; 1882.$289,722 36 ; increase, $1,229 36.\u2014Six hundred and seventy-five loaded cars, mward and outward, were handled at the St.John station of the Intercolonial Railway during the week ending the 9nd inst.\u2014St.John, N.B., Sun.\u2014A report comes from New York that itis expected that the additional $3,000,000 of St.Pau! stock recently authorized will be issued az soon as the thirty days\u2019 notice to the Stock Exchange shall have been complied with.\u2014Union Pacific land sales for month of May, 1883, 112,190 acres; proceeds, $346,- 271, an increase of 76,294 acres and 169,- 639.Earnings of the road for first five days of June will show an increase of about $28,000, \u2014The earnings of the Memphis and Charleston Railway for the fourth week of May were : 1883, $19,954 17 ; 1882, $18,654 12 ; increase, $1,300.05.Month of May : 1833, $386,287 98 ; 1882, $74,- 008 72 ; increase, $12,379 26, EAsToN, Pa, June 9.\u2014Peter McTague, contractor, having obtained a judgment in Warren and Sussex Counties, New Jersey, against the Pennsylvania, Slatington and New England Railway, for $70,000, the Sheriff advertises to sell the road aad equinments in those counties.\u2014-Special advices from Fargo, D.T., state that the President and General Manager of the ®t.Paul road arrived, accompanied by the entire Board of Directors and several members of the engineer corps of the road.'Itis hinted that developments in the way of new brauches of their system might now be expected in the Red River Valley.; \u2014A large and important meeting of the Directors of the Missisquoi Valley Railway Company was held in Waterloo on \u2018Wednesday tke 6th inst.The Directors in attendance were Dr.J.H.Graham, President, D.A.Manson, Vice-President, Joseph Lefebvre, Capte J.M.Brown, Major Williamson, Dr.Fregeau, M.P.P., J.McManus, and J.C.Willard.The principal creditors were present, among whom we noticed Henry C.Cleveland, Engineer of the road, E.D.Lawrence, L.A.Roberge, A.A.Mooney, N.Holland, C.A.Nutting, E.C.H.Silver, Jas.Me- Connick, McMorine and others, Dr.Grahum occupied the chair.Mr.Manson made a statzment of the position of the Company, in which he said the time had come for prompt and decisive action or the enter;rise would have to be abandoned,and the large amount of money already spent lust.If no move were made the Waterloo & Magog Railway Company would come into possession of the Bolton section under the terms of a mortgage deed, in October.In May next, unless half the road were completed, a portion of the Provincial subsidy would lapse.If the road could not be built new it certainly could not be constructed when the subsidy had gone.Last fall the Hon.J.Gregory Smith of the Central Vermont had agreed to take hold and complete the road provided the creditors of the Company could Le induced to sign off their claims for @25,000 cash and $34,000 in first mortgage bonds of the road at par.The indebtedness of the Company was about $140,000 and a special committee was then named to attempt an arrangement with the creditors on that basis.They had succeeded in getting the majority of the creditors to fall into line and had reduced their claims to within about £10,000 of ex-Governor Smith\u2019s proposition.The matter had rested there.Dr.Graham then read a letter from the Hon.Mr.Smith, in which he withdrew his offer, on account of the delay, and expressed his willingness to take into consideration any proposal the Company might have to make looking to his undertaking the completion of the road.The-effairs of the Company and the position of the creditors were then earnestly discussed.Finally Messrs.ED.Lawrence and J.C.Willard were add- edto the old committee composed of Messrs.Graham, Manson and J.M.Lefebvre, with instructions to enter into new negotiations with ex-Governor Smith at once.Most of the creditors present afterwards gave a power of attorney to settle their claims on the best possible terms based on whatever agreement might be arrived at between the Company and the Hon.Mr.Smith.\u2014W aterloo Advertiser, June 8.THE OREGON SALMON CATCH.According to the Portland Oregontan, it is beyond contradiction an off year in the salmon canning industry so far as at present revealed.The run will in every \u2018way be satisfactory, and when the final result is ascertaindd, it will be seen that the pack of the present will equal former years.This result, however, will depend upon the cannerymen.Prices are low at home and abroad, which may cause accustomed energy to lag, and in that manner reduce the pack ; but should the grasping hurry and rush of golden seasons be employed there need be no fears as to the result.The annual run probably grows smaller each year, as many fish are required to fill 12,000,000 cans, which is a small pack, yet the increased number of fishermen brings the catch up to requirements, but is rapidly destroying one of our greatest resources.A constant taking away without replenishing would, in time, remove the sands from the seashore, and fish in the Columbia are not more numerous, notwithstanding the blind argument of some cannerymen that, \u201ccan\u2019t catch them all out.\u201d \u2014N.Y.Commercial Bulletin.J PRODUCE AND PROVISIONS.» \u2018 .MoNTREAT, June ».Frour\u2014The market for flour continues in a very dull condition, about which there is no room for a difference of opinion.The demand, except in a retail way, is absolutely at rest, and it is a matter of especial difficulty to move stock outside o£ the actual wants of the local trade.A5 to values they are mostly nominal.According to the official report of the amount of flour in store store, there is shown a decrease of 4,906 brls during the week, but private estimates of the actual stock make it-appear to be considerably in excess of the official footing.Receipts to-day were 5,747 brls.Our quotations are nominally unchanged as follows :\u2014 Superior Extra, per brl.*5.00 @ $5.05 Extra Superfine.480 @ 4.85 Fancy.0.00 @ 0.00 Spring Extra.Le 475 @ 4.80 Superfine.aan setae 4.40 @ 4.50 Strong Bakers\u2019 (Canadian).5.15 @ 5.25 Strong Bakers\u2019 (American) \u2026\u2026\u2026 - 62% @ 6.75 Fine .\u2026.\u2026.\u2026\u2026.esc+e- 1000000000 8-80 @ 3.90 Middlings .3.60 @ 3.70 Pollards .FN .-33 @ 350 Ontariv bags, (medium).240 @ 2.50 ss \u201c (spring ext 230 @ 2.35 \u201c \u201c (supertine).225 @ 230 City bags (delivered) .0.U0 @ 310 Grain-The week has closed on a quiet and nominally steady wheat market in which there has been no fresh business of importance or any \u2018urgency either to buy or sell.We quote prices unchanged: No.2 Canada red winter wheat $1.18@ 81.19; No.2 Canada white $1.13@81.14; No.3 white 81.08@$1.10; and No.2 spring $1.15@$1.17.Peas are quiet but firm at 97¢c@97%c.Oats continue dull at about 40c.Rye is nominal at 73c@75¢; and barley at 55c@65c.The stocks in store show a decrease of about 53,000 bushels wheat, and 11,000 corn, and an increase of 46,000 bushels peas, 7,000 oats, 9,000 barley, and 18,000 rye compared with a week ago.Compared with the corresponding date last year, an increase of 172,000 bushels wheat, 19,000 corn, 21,000 oats, 39,000 barley, and 31,000 rye, and a decrease of 5,000 bushels peas.The following were the amounts of grain, flour and meal in store in Montreal on the dates mentioned: \u2014 June 9, June 2, June 1, 1883 3 1882.Wheat, hush.282,642 335,945 10,668 Corn, bush .50,006 61,006 31,915 Peas, bush.147,667 101,959 152,375 Oats, bush.7,945 30,564 16,998 Barley, bush.41,313 32513 2,368 Rye, bush.83,151 65,883 52,655 Flour, bris.79,744 81,650 80,726 Oatmeal, bri 100 120 620 Cornmeal, brl 10 9 254 The following grain charters are reported from Chicago : to Kingston, schrs.\u201c Samana\u201d\u201d,20,000 bushels corn, and \u201c DG .Fort\u201d 24,000 corn ; to Montreal : prop.\u201c Europe,\u201d 20,000 bushels corn ; to Midland : Prop.\u201cTecumseh,\u201d 38,000 bushels corn; to Collingwood: schrs \u201cElgin\u201d 22,500 bushels corn ; \u201c Lady Dufferin\u201d 21,500 corn, and \u201c E.B.Maxwiëll\u201d\u201d 25,000 corn ; to Sarnia : schrs \u201cArabia\u201d 30,000 bushels oats,and \u201cG B.Sloan\u201d 22,000 corn.Rates were quoted at 4jc on wheat, and 4jc on corn to Kingston ; 2c on wheat, and 13c on corn te Sarnia\u2019 and Collingwood.The temper of the Chicago wheat market was unsettled with a decided inclination to weakness, the strong talk of the \u201cbulls,\u201d and the prospects of light receipts owing to rain in the west, to the contrary.The crowd are said to be \u201cshort\u201d enough to have their hands full, but the market was a scalping one at best, closing fe@ic below yesterday at $1.10$ June, $1.123 July, $1.144 August.Corn was weaker, and closed fc \u2018@fc lower at b553¢ June, 56%c July, 56ÿc August.Oats were also weak and fell back tc @ fc, closing at 40jc June, 393c July, 33ic August.Rye declined fc to 623c June, 634c July, 644c August.Engagements to-day were 48,000 bushels wheat, 330,000 corn, and 27,000 mye Freights were firm at 24c per bushel on corn to Buffalo.The estimated receipts for Monday were 81 cars spring wheat, 32 winter, 659 coru, 213 oats, 17 barley and 40 rye.Receipts by canal were 23.200 bushels oats.The New York wheat market was weaker, and closed fe/@ic lower at $1.20% June, $1.22% July, $1.243 August, $1.26% September, $1.283 October.Corn was easy, closing at 66¢ cash-June-July, 66%c August, 673c September.Oats closed quiet at 46c June, 464c July, 423c Au- gust, 394c September.Ocean grain freights were firm at 23d@3d per bushel by steam to Liverpool.Beerbohm\u2019s cable advices of to-day\u2019s date report the British markets asfollows: Cargoes off coast, wheat ard corn slaw; cargoes on passage and for shipment, wheat and corn, hardly any demand.Liverpool wheat and maize, spot, slow; Liverpool mixed maize.53 54d; Canadian peas, 6s 11d, Weather in England, fine.Provisions\u2014There has been no interruption to the quiet condition of the hog product market, business in which has moved on in much the same strain as before.\u201d The weaknessat the West gives the market an easy tone, and present values will not be supported if the week opens on another easy market at Chicago.A few sales of pork and lard were made at former rates.In the- meantime we repeat our quotations unchanged as follows :\u2014 Canada short cut, per brl.\u2026.2.0 @ 23.50 Western Mess.eva.22, @ 2.00 Lard, western, per 1b Hams, uncovered, per 1b.Hams canvassed, per 1b Bacon, per lb.Tallow, perlb.Bacon in Liverpool was barely steady, and was quoted 6d down on the inside price, At 5 w.m.the market stood at 88s for pork; 57s 6d for lard; 5ls@54s 6d for bacen, and 42s for tallow.It was a weak day in the Chicage provision market, principally resulting from heavy receipts of hogs, a limited cash demand for the actual stuff and the decline in corn.Pork opened higher, then broke 30c/@324c, later recovered a little, and closed 7ke@20c below yesterday at $18.65 June, $18.75 July, 818.90 August.The difficulty originated by McGeoch over the delivery of a large block of lard has had a depresing effect on the market, which to-day declined 5@ Tic, closing at $11.674 June-July, 811.05 August.ibs were weak, and closed 173 @ 20c lower at $9.574 June, $9.60 July, 89.70 August.The hog market after opening slow, fell back 6¢c/@10c, last sales being at that decline.Light grades sold at $6.50 @ $6.95; mixed packers at $6.50@$6.90; and heavy shipping $6.95@$7.15.The estimated receipts were 12,000, against yesterday\u2019s official 15,214, with shipments of 2,093.The number of hogs packed in Chicagd from March 1to date was 676,000, against 877,000 during the : corresponding period last year; a decrease of 201,000 hogs.The Cincinnati Price Current of Thursday last in discussing pork packing and rst week in provision topics says :\u2014The une last year was the largest in the month in the packing of hogs in the West, and the first week in the month this year makes a gain of 30,000 hogs over corresponding time last year, and later on a much more marked difference in the comparison is not unlikely to occur.Our returns show an ag egate of 165,000 hogs packed for the week, \u201cagainst 135,000 last year, and since March 1 a deficiency of 175,000, or nearly 114 per cent., and this is mostly balanced by the increase, in the relative weight of hogs, which at Chicago is 18 lbs per hog, or 84 per cent.: at Kansas City 37 ths, or 174 per cent.; here at Cincinnati the gain is small.By the 1st of July the western packing, weight considered, will undoubtedly exceed same date last year, and thenceforward will probably make a steady and liberal increase.Special reports show the number of hogs packed from March 1 to date, and latest mail dates, at the undermentioned places, with comparisons, as follows :\u2014 \u2019 March 1 to June 6\u2014 1883.1882 hicago.cvocovurniininnniid 657,000 885,000 Kansas City.235,265 151,000 Indianapolis.\u2026\u2026\u2026.\u2026\u2026.56,000 68,000 Cincinnati.44,000 25,000 St.LOUIS.2200200000 acc 00 109,000 95,000 Cedar Rapids 52,440 74,870 Cleveland, O.40,000 T4, Milwaukee.33,000 51,000 Total, all points.1,350,000 1,525,000 Total last week.1,185,000 1,390,000 For the week.\".165,080 135,000 Burrer\u2014The situation is certainly a weak one as far as present appearances are concerned, and business has been done at lower prices, with the tendency still in buyers\u2019 favour.Creamery has changed hands at 21c.In Townships we have agood sized lot of finest selling at 18%c for forward delivery.Western is freely offered.We quote\u2014Creamery 2lc; Townships 18¢c | @19¢, and western 16¢@17c.The exports from New York this week were 4,800 pkgs.Private advices from New York to-day give that market a steady tone at 19c/@20c for finest creamery.Cueese\u2014For cheese the market continues to exhibit marked weakness, and the displacement of values goes on steadily, so that one day\u2019s sales cannot be repeated the day following.The large make, weak outside markets, and the na- tura] diffidence about holding cheese made at this time compose the main elements of a very weak market, to-day about }¢ lower.We qucte 10c@104c for fine to finest.A private despatch from New York to-day reports cheese dull, with a downward tendency at 103c@11te.Shipments 59,000 boxes.The public cable was unchanged at 62s, Ecas\u2014The market continues to have a weak tone, and buyers.have the advantage.We quote 16c@l6ic per dozen.Canada eggs in New York continue weak: at 174c.AsHES\u2014The market for pots is very steady under more inquiry and light receipts.We quote $5@$5.10 as to tares.CHICAGO GRAIN AND PROVISION MARKET.(Reported by E.McLennan.) CHICAGO, June 9.Sme Op'g |Hi'stiLo\u2019st (Closing.| 98% year.$ 150 |.5.112} [16 114 [108 0 a 0 0584 | 69 056$ | 0 @ 0 0 49 July.20 d'4oi/ d'40i os @ 393 |0 44 August.:!!! :| 0 331M0 374 0 834 0331 | 0 354 18 20 50 8 20 50 8 20 673 11 40 11 434 11 55 11 60 des 60 11 60 August.dda, 970 11 62% NEW YORK, June 9.Wheat, No, 2 red, closing, $1.20 June, $1.22 July, $1.24] August, $1.26 tember, $1.28} October, orn, cash, une-July, 66jc August, 67}c September.RECEIPTS OF PRODUCE\u2014June 9.G.T.R C.P.R.N.S.R.Canal.\u2018Wheat, bush 19,500 .16,816 Peas, bush.1,300 800 eee 623 Oats, bush.Lu .\u2026 12,257 Fiour, bris.2,900 2,847 Oatmeal, bris.cere FA 100 Ashes, pots.ê Cees FN 20 Butter, kegs.35 40 Cee vies Cheese, boxes.20 free Cees 61 Dresse Hoss.vers 29 tenn Cees Leather, rolls.10 aes BRITISH METAL MARKETS.BY CABLE.LoNDoON, June 6, 1883.Scotch Pigweaker, and prices continue to decline.As compared with last week, quotations show a fall of 1s 6d on Coltness, 1s 6d on Langloan, 1s 6d on Qartsherrie, 6d on Summerlee, 64 on Eglinton.Coltness 61s ; Langloan, 61s 6d; Gartsherrie 57s 6d; Summerlee 59s 6d alongside Glasgow ; Eglinton 48s at Ardrossan.Cleveland Pig\u2014 No.1 foundry 43s 6d ; No.242s 6d; No.3 39s @ 40s and No.4 forge 38s 6d.Bessemer Pig\u2014No change, market irregular.'W.C.Hematites, 508 @ 51s mixed lots Nos.1, 2 and 3, equal parts, f.0.b.Manufactured Iron\u2014 Irregular.Staff.bars £6@7.10s ; hoops £6 5s@LT7 15s ; sheets £7 10s@£10 10s ; Welsh bars £5 10s@£5 128 6d.Steel Rails\u2014Weaker.We report a sale of 10,000 tons for American account at £4.23 6d, to be delivered during this year at New Orleans.Ordinary Sections, £4 12s 6d@£4 17s 6d fob.Iron Rails\u2014Dull.Welsh, 30 Iband upward, nominally, £4 15s5@£5 10s, f.o.b.Old Rails\u2014Irregular.D.H.'s, c.i.f.,, New York, £3 12s 6d@£3 15s.Scrap\u2014Steadier.Heavy Wrought, £3 2s 6d@L3 53, c.i.f., New\u2019 York; Bessemer \u2018Crop Ends 60s@t2s, f.0.b, for run of the mill.\u201d Copper\u2014Steadier.Best Selected, £69 10s@£70; Chili Bars, £64 @ £64 10s.Tin\u2014Irregular.Straits Ingots, spot, £94 15s@£95 5s; futures, £95 15s @£96 bs.Tin Plates\u2014Steadier.Charcoals 18s 6d @ 20s 6d ; cokes 16s@ 18s.Spelter\u2014 Without change.Ordinary, £14 159@£15 at shipping ports.Lead- Lower.Common English Pig, £12 15s @£13 58.Freights-Steam from Glasgow to New York, 7s 6d; Liverpool to \u2018New York, 6s@8s ; Liverpool to Phila- Gelphia, 7s 6d @ 8s ; London to New York, 7s 6d/@9s 6d.- New York Iron Age.BRITISH MARKETS BY CABLE.Cotton.\u2014LIVERPOOL, June 8.\u2014 1.30 p.m.\u2014Cotton\u2014Middling uplands, 5 11- 16d; middling Orleans, 5 13-16d.The sales of the day included 4,100 bales American.3 p.m.\u2014Uplands, low middling elause, Fine delivery, 5 44-64d.; uplands, low middling clause, June and July delivery, 5 44-61d.; uplands, low middling clause, November and December delivery, 5 40-64d.4 p.m\u2014Futures closed dull.WEEKLY COTTON MARKET.Sales of the week bales.38,000 American.28,50 Speculators took, .580 Exporters took.1,420 Forwarded direct to spinners.eee 17,500 Actual EXpoOrts.co0ee vee we.4,000 Total Receipts.oe 67,000 American.54,000 Total stock.coovunns .984,000 American.oeereee .740,000 Amount of cotton afloat.veer 260,000 American .o.ciiviiiiiiieectinananeas 99.006 Yarns \u2014 MANCHESTER, June 8.\u2014The market for yarns and fabrics is dull and rather lower for all articles; 39 inch, 60 reed gold end shirtings, 374 yards, 8 1bs,4 ounces at 7s 10d @.7s 11d; 26 inch, 66 reed, printer, 29 yards, 4 lbs, 2 ounces at 3s 74d @ 3s83d ; No, 40, mule twist, fair second quality, 93d@94d.LoxpoN, June 1 \u2014 The Manchester Guardian, in its commercial article, says the market for yarns and fabrics has been dull and the demand slack.Yarns have declined 1-16d@3d.Groceries \u2014LONDON, June 8,\u2014In the Mincing Lane markets Plantation Ceylon and Guatemala coffee close at a partial recovery of 1s@2s, because of a reduced supply; East India is steady.Tea is dull, Sugar is quiet; the stock of West India is unusually light; prices are steady; contracts were made for new crop beet for autumn delivery at 3s under the present rates.Pepper is lower.Breadstuffs\u2014LIVERPOOL, June 8,\u2014The Mark Lane Express, in its review of the British grain trade during the past week, says:\u2014Grain was universally dull and is nominally unchanged.Cargoes were steadier.Little business was done to-day.In wheat there was a moderate trade at unchanged prices.Of flour some American brands were in fair request, while others were slow.American mixed corn was in heavy supply, but there was little inquiry and prices were lower.GREAT COAL COMBINATION.PHILADELPHIA, June 8, 1883\u2014Confer- ences recently held between representatives of the Philadelphia and Reading, the Jersey Central and the Delaware, Lackawanna and Western Railroad companies, regarding the future of the coal combination, have assumed practical shape.An officer of two of these companies stated to-day that these three companies control 54 43-100 per cent.of the entire anthracite coal production, and the dictation of the combination will devolve upon the officers of these companies.They have been notified by the Lehigh Valley that that company will act in harmony with them, and the Pennsylvania Coal Company, which has hitherto been the recalcitrant member of the combination, also gives notice that it is willing to enter the combination upon reasonable terms.Itis understood that the different coal presidents will meet during the month of July and arrange the winter schedule or programme.In conversation with a prominent railroad official upon this subject Mr.Gowen recently stated that the combination was not intended to be arbitrary, but merely to protect the interests of those who were in its membership; to hold the trade in good shape and strengthen weak points, Under such a management he was confident that over thirty million tons would \"be mined this year and marketed at circular rates.The agents of several of the leading producing companies had a meeting in this city to-day to compare motes before the \u2018articles.of agreement were signed.At this meeting it was developed that the production this year to date was 1,500,000 tons in excess of last year, aud that the supplies on hand were not at all excessive.The agreement between the Reading Railroad, Company, as lessee of the Jersey Central Railroad Company, and the Lehigh Navigation Company has been signed by the presidents of both of these companies, and is now in New York awaiting the signature of the Jersey Central Railroad\u2019s president; and this will be obtained to-morrow, when the Reading Company wil have absolute control of 44 21-100 of the anthracite production.The agreement ig the same which has been published, giving the Lehigh and Susquehanna a guarantee of a minimum and a maximum revenue under the lease.\u2014 N.Y.Herald.NEW YORK GENERAL MARKETS.The Shipping List, in giving the spirit of the markets, says:\u2014 There is the same \u2018spirit of caution and conservatism that has been so conspicuous a feature of the general markets for months past, and usiness is confined to actual requirements of consumers and distributers.Prices have been subject to little change, being in a great majority of cases on about as low a basis as is warranted by the cost of production.In some cases, indeed, they are too low for profit, but such is the prevalent caution that none are bold enough to purchase against a reaction, which some farsighted merchants are sanguine will come as soon as something more definite is know about the harvests.The legitimate basis for an improvement in values is not because of any evidences of reviving trade, but because of the belief that the tide of public sentiment is turning srom ultra conservatism to the direction of a more confident feeling, and toward a conviction that the worst of the depression and shrinkage is past.The marked depression in the woolen industries is indicated by the tem- orary closing of ails in Rhode sland, Connecticut and.Msssachusetts, and the forcing upon the-market goods of some of the best producers through the medium of the auction rooms, at remarkably low prices.As the depression in woolens is the result of au over-supply, the most natural remedy is to shorten production and to get rid of the over-plus anging upon the market as quick as possible.The wool market sympathizes with the market for its products, and prices are declining.Spet cotton duil and steady; futures low.Refined petroleum unchanged.Crude certificates closed weak at an advance.Spirits turpentine advanced three cents per gallon on a brisk speculative demand.Rosin steady.Tar firmer.Hides and leather firm but quiet.Tobacco dull but steady.India rubber dull, with a declining tendency.Hops more active and steady.Raw sugar quiet but firm.Refined easier, with a fair demand.Molasses quiet.Coffee firm and higher.The first sales of new season\u2019s Japan tea have taken place.Rice, moderate request.Spices dull, Pig iron dull and nominal.rge sales of copper are reported at lower prices.Tin quiet and about steady.Other metals | unchanged.Quinine continues to advance, with which exceptions, drugs and dyes are steady and quiet.Petroleum freights firm and moderately active; other trans-Atlantic freights irregular and quiet.: SALE OF COAL MINES.The St.John, N.B, Globe of Thursday has the following in reference to the sale of the Springhill Coal Mines to a Montreal Syndicate:\u2014\u201cWe have already announced the fact that at an informal meeting the stoekholders had resolved to sell to a syndicate seeking to purchase.It appears that it has been agreed upon that the purchase by the syndicate shall date from 30th June, at midnight.A payment of 25 per cent,.or $12.50 on each share of $50, is to be made on the 14th or 16th day of July next, at the Branch of the Bank of Montreal in St.John, N.B., the stock certificate to be lodged with the Bank.The balance of the purchase money, with three months interest on the balance, is to be paid at the same Bank on the 30th September next, when the absolute transfer of the stock is to be made.In the meantime the existing management will continue to manage the property in the interest of the purchasers from lst July.Should the September payment not be made the stock certificates will revert to the present owners, to whom the 25 per cent.payable July 14, will become forfeit.In other words the new purchasers bave put up something like $200,000 as forfeit mone for the carrying out of their purchase.It is also stated that the balance