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Quotation Supplement (mm})
Investors Supplement (0^$
Street Railway Supplement
State and City Supplement <^nnuai!$
[Eatered a-ieordlug to Aot of CoaxretA, la the year 1899, by tha WiU.UK B. Daka Oomtast, In the olBoa of the Librarian of Congress.]
VOL. 68.
SATURDAY, APRIL 1, 1899.
The Chronicle.
PUBLISHED WEEKLY.
Terms o f Subscription—Payable in A dvance:
For One Year
.............. ....... ......................... .— .. $10 00
For Six Months ...................................... .................................. ............
0 00
European SobaorlpOon (Including postage)....................... 12 00
Earopean 9a>i«oriptlon Six Month* itneludlng p o s ta g e * ..,.
7 OO
Annu*l Subscription In London (Including pottage).......... S2 10*.
Six Mo*.
do,
do.
do.
.... « I 10*.
NO. 1762.
Week ending March 85.
CU arinw at—
New York*,.....
Philadelphia--PUtetrarg.-......
Baltimore.......
Buffalo .........
WoahtfhrtOG.....
Root)eater.......
*yr*ca*e...... .
Scranton. «•«»...Wilmington. ....
Binghamton.....
Above *ub*onptlon Includes—
T a x QtloTATto* scrfLEKKirr
|s t r e e t R a i l -v a t S c t p l e m b s t
ToU) Middle.
T a g firvB*roa*' sbppj .s * 8 * t
1 S t a t e a s i > C it t S c f h k x e k t
Boeton. ■ ■
Prort<lcnco~
Terms o f Advertising—(P er Inch Space.)
Hartford.,...,
Now Hatch...
Transient matter.............. 51 20 j Three Month* (13 times)..$29 00 bprtnglJeld—
50 oo W6rco*Ur.. ..
9tx Month*
(20
M A V D tS O BCSISEE* CARD*.
(8 time*).. 22 00 |Twelve Month* (52
T w o Month*
) - 87 00 Portland......
rail Hirer—
L iwijU.
London Agents:
Now
Bedford.....
'^Mea*r*. E(.'Wards A SairH, X Draper*' Garden*. E. 0., will take *ub- Total
New Rn*.
•ortptlon* and advertlM-nents, and supply *lngte oople* of the paper
Chicago.......
at X*. each.
QncinnaU.........
Detroit..
W IL L IA M H. o m
l i o g r m , P u b lish ers,
(-M oreland.......... ...
Pine Street, Corner o f Pearl Street,
Milwaukee........
Coiotubu*-........
Post o r n c t B o x 958.
N KW v o itK .
In lianapoll* ,....
Peoria ..........
Toledo .
ffrand lUpidi.,...
CLEARING HOUSE RETURNS.
D*fton ........... .
Eraairtile... ......
The follow ing table, made up by telegraph, etc,, Indicates Young-nowo.......
that the total bank olearing3 of all the clearing houses of Spnnjsa«M,UJ.....
LdAltyrton.........
he United States tor the week ending to-day, April 1, Akron
Kalamaxoo.
Rockford
have been Tl,900,581,4(55, against $1,339,434,576 last week and Springfield,
Ohio..
11,371,001,971 the corresponding week of last year. The Canton...
Bar CUr
partial abssryaaoe of G x ol F rilay at a holiday has served to
Tot. Mid. Woit’o
Aao Fnadaco.....
diminish somewhat this year’ s total.
Bait Lake City.....
Portland .......
Ison AngoidM.......
Wt4k Kn«ntf April t.
CUARINOS.
*»attlo ..........
Ret^r-ru 65? TtU<yra,pK.
1899.
1898.
Ptr c m . Spokane........... .
Tacoma. ..........
Helena.............
5f*w Y ork ...... ......... .....
•L1SS.S91.SXS !
Fargo. ...............
79,403,008
+ 30-5 Sioux Fail!........
l o u t s .o s s
53,810,954
+ 8*8
53,8*0.1 S3 :
Total Pacific.....
Baltimore____ _
+n *5
14.SS0.398 |
18,201,033
Kansaa Cltj........
+25 4 Minneapolis........
ioe.rs9.ojx i
Omaha...............
at. Lorn*. . . . . . . . . . . . . . . . . . . . . .
34.0S3.S54
20,760.134
+15*7 St. Paol.............
New Orleans....... ...................
9,433,997 j
+0*3 Denver..........
0,416,228
St. Joseph...........
8 * t , o (tlHM, s
.........
11.508.714.699
8862.002,309
+75-2 Do* Molae*........
Darenport.........
OtUor olU««. &d»r*.................
lda.998,974
144,977,206
-fie-o fi-nixCltj. .........
L'.nooJn
,
Total all etna*. S d a r t....! •1.077.713,073 ' 01,003,979,575
+ 00*8 Topeka........... .
All situ a , 1 d a y _________ ______
292,047,793
305.023,398
-15*9 Wichita^............
Fremont.........
Total aU olsis* lor m k . .
*1,900,561,405 I •1.37L004.973
4-4#'8 Hauling*...... .
Tot othar West
The full details o f clearings for the week covered b j the St. LouJa,... .......
New Orletna.......
bove statement will be given next Saturday. We oannot, LoalrrUle......__
Oalrenton...........
o f ooorse, furnish them to-day, bank clearings being made Houaton.,..........
ap by the various clearing houses at noon on Saturday, and Savannah...........
Richmond............
omphla............
enoe In the above the last twenty-four hours o f the week M
Atlanta...............
a»'riTitle......... .
a ve to be In all oases estimated, as we go to press Friday night. N
Norfolk.. ............
Augusta....... .
We present below our usual detailed figures for the pro- Knoxville............
Fon Worth......
oos week, covering the returns for the period ending with Birmingham.....
Saturday uoon, March 25, and the results for the corres Macon
Little Rook,
ponding »eek In 139-1, 1897 and 1896 are also given. In Chattanooga.
vlUecomparison »lth the oreoeding v«ek there Is a decrease in Jack-son
Total Southern...
the aggregate exihanges o f thirty seven and a-ha f mil Total all..
lion dollars, the gain at New
York being one
Outmde N. York.
million.
Contrasted
vtth the
week of
1898 the
Montreal...... .
total for the vOole country shows an increase of 7P8 Toronto
.........
per cent,
Compared with the veek of 1897 the current Winnipeg........
Halifax ........
returns record * gain of 107‘3 >er lent, and the excess over Hamilton..,.....
1896 Is 110*5 wr esnt. 0 ifelde of W
York the increase St. John...........
over 1998 i» 34*4 p >r cent. f'he •xces# over 1*97 -eache* 55*5 Victoria*........
Vancouver* ....
per lent, and uosing comparison with 1896 the gain is seen
Total 'anada
to be 53*2 per cent
•Not Included In t
I80S.
"
i
1899.
1.247.017.0*5
Ckd.ddo.0Si
a x ,5 » .4 8 «
3a.4rtfl.y07
S^SS.tSl
1887.
J
13.751 85b
iS.55tt.672
3.63 O .sStt
1.756.018
3.460.376
1,414.2*7
1,974 y»S3
974,801
V)|7.y46
868.307
1.3.17 81 U
704,1*6
711.311
301,40j
___ 332.600
l 406,^7.408 715,375.266
lus.yod.sob
6,4H\n*X>
M»*.0ttO
1.3-V.:03
L519,030
590.93O
1.362 M l
L
■9 .‘,*.'9J
701.470
___ S74.2-H
144.7 72.361110,004,954
13.357.300
rt.tt53.l3l
596.9fl0.S94
85.142.612
4.16O.60O
1.958,785
1.311.781
1.105,334
LI89.801
1.020.985
60-1.228
614.424
369.062
84.I10.43"
4,321,900
1.806.234
1,901,13i
1,1*4 130
1,165.512
l.l'ta.Sitt
678,909
654 Wl#7
4?*.***
87,607.024
68.04fl.346
10 258.45°
4,606.25*
5,188,13*9
3,726.887
M7C,t05
4,176.611
4,030,t 00
ST592OUO
3„8««J,5dl
1,777.841
1.270.166
1.267,207
665.670
533.450
l 964,19*
M 7o,69t
1.101.013
b60,9dl
0*4,476
*503*7
0 I SM
a-.,::..
-H*4‘ l
400. VOO
217.085
-HS'6
ft s t
4*5-9
-146
■t-51*7
311324
*11, <63
M9.0B5
17I.r6
+-X60
165 568.084
14.rtH4.50W
-t-16‘8
+16*0
U * 4 ,* fl3
-1 5 4
+30 0
1.030 0,4
6410*0
44 4 655
331 US
130,70V
-5*4
+86*4
-24 6
♦2 1
429 0
+80*6
24.967.uw
+1*0
1.3*0.000
0*0,504
9,748 ttflO
467.000
828.000
860 126
948.118
470.000
474.866
418.939
350 000
100 * «3
41,708
+2 0 *
rll*5
+*7*2
+22■^
—1*1
+16 7
+15
—* 8
+ 22*6
86,94861.1
22937,197
34,563,9*0
83,743.226
7,6*3 604
5 623.131
2 678 250
2,600.0-jO
0,-06.760
4.8-1.808
8,0*7 700
8,«O0.0t0
1.406,fi 3
1.8ttSB«3
1,836*4:8
1.672.8 M
2 (03,720
1.107.608
977 462
906.099
660.- 02
497,776
760*887
603 834
1.664.886
96*1.076
■
93»,920
668,215
486 92b
6rt3,68b
84i ‘ 98
iirt.OOO
66L0U0
Sil.181
28^ 666
231. 4 * _
54.762 989 "
l 1,062.074.45"
32* 0*6
501,437.611
132,167
146.449
__ JL68.8*a
102,1*8,734
9,868.91b
M 0 1.687
84 0 126
-415 0
464 7
210^83
5sW,**y
478.137
80,404
148.74
1,182 667
I 061.801
1,108.628
871,935
47$<m
m 1.675
489.923
207.081
+ * 'l
724,434
939.671
8,28. rtdrt
1 954,0 4
*6
+7 0
S8*l,C0b
3 X02.H0
132*8*3
SE9.278.14t
8 606^50
7,129,5e0
8,0.450
MM irtl^05,rt»i7
229.83*
280.834
.641
—60*0
3,5* 7.418
4,001.398
84.477,377
440J!3rt,S4rt
+34 4
+180
878.387
101,200
864.640
826,47*
130,76*
161.708
*02,894
111. 456,780
10,394,098
987,166
698,479
1.080.468
588.001
S29.050
488,098
670.1 Gfl
106.080
___ 76,811
16.87«.0 Oft
8,812.681
4, V 01,865
4.143,648
3,832,610
*.* 74,679
1.072.000
1.001,890
1,609,970
606,084
819.676
307.906
430.514
46,599
50.369
28,079,785
19.488,168
10.206.405
6 020,927
*,080.030
1,823.461
1,762,0*0
1.662.978
1,761.100
1 079.768
849,080
924,612
000,804
404,200
600.000
894.465
281,885
226,189
271,108
49206,845
R 73.710.648
380.370.590
38».600t885
8.667,247
6.635.29-7
1.031,933
8.008.589
6.602 019
983,109
1,002.493
620,660
400 98*
*4 H87.778
75.760,208
10.833,600
3,053.105
4.752,785
8.506,060
3.412.700
1.9S2.543
1.936.488
1.288,884
695,468
567.003
247.878
821.921
___ 2*6.807
49.903.417
8 -7 296.8ti»
1.2M 8^2
60H859
f ? 976.9841
1886.
511,538,304
61,3341.513
17 4 4 160
1 0 .lf7 .8 6 o
590
THE CHRONICLE.
THE FINANCIAL SITUATION.
Stock Exchange business this week has been chiefly
distinguished by anothor excited speculative move
ment in a certain class of investment properties
which were prominent in a similar way in January.
When New York Central on March 15th had de
clined ex dividend to 13I f and on the same day
Chicago & North Western had dropped to 146£ and
Union Pacific to 43f, a little more eager buying for
those properties set in. But it was not until this
week, Wednesday, that the incident culminated in
sales of New York Central of 64,920 shares,
with the highest
price of the day 144f,
Chicago & North Western sales 19,512 shares,
highest price 166, and Union Pacific sales
25,746 shares with highest price 49£. This activity
was not an exceptional affair, but in accord with the
more confident and venturesome spirit that has re
cently prevailed. During previous weeks the change
has been distinctly evident in the rise in other invest
ment properties, especially in the anthracite coal
stocks, and in more speculative classes, as for illustra
tion American Sugar Refining, and the steady and
sensational appreciation of Brooklyn Rapid Transit,
which ever since the third of March, when for the
last time it went below 90 (to 89£) the stock has been
steadily advancing, having touched 136f on Wednes
day of this week.
But the event of chief interest has been the move
ment narrated above of the New York Central, the
Chicago & North Western and the Union Pacific. It
has special interest and significance because it is the
second incident of the kind these properties have par
ticipated in this year. Another feature is a marked
difference in tho two occurrences; the earlier move
ment was engineered almost wholly on the report of
a consolidation or some sort of intimate arrangement
in prospect between these companies for a through
route across the Continent, whereas that idea does
not seem to have formed the basis of this week's ad
vance. Our readers remember the former occurrence.
It began about the 7th of January, on which day
the lowest point New York Central sold at
was 121J, while the highest it touched in
the transactions which followed was 141 on Janu
ary 23d ; Chicago & North Western in that movement
reached its highest, 152f, on the same day; whereas
the highest on the same day of Union Pacific was 50.
It will consequently be noticed that Wednesday of this
week New York Central and Chicago & North West,
sold several points higher than in January, whereas
Union Pacific sold 1 of 1 per cent low er; besides that,
it is a fact that Union Pacific has been since January
still higher than it was in that month, or has been the
current week, having touched 50f on February 21st,
or J of 1 per cent above the point reached on Wed
nesday.
That fact is important because it tends to confirm
the change in opinion since January respecting
these properties. At the earlier date, as we have
already said, the advance was interpreted as based
upon a union of the three companies, whereas the
movement of this week seems to indicate that any
change in prospect relates solely to the New York
Central and the Chicago & North Western. In that
view the advance permits of a more reasonable inter
pretation than previously entertained. For it would
not be an unnatural connection if some such arrange
[Vom LX\ III.
ment between these two companies should be carried
out as that now existing between the New York Cen
tral and the Lake Shore. Or, if legal difficulties stood
in the way of that consummation, it is among the pos
sible, may we not say the expected, events that the New
York Central dividend rate should be increased. With
traffic rates stable, that road could easily earn 6 per
cent on its present business. More than that, what
is to become of the surplus the Lake Shore is sure to
earn ? A road that has built a second track its whole
length out of earnings and carried forward other ex
tensive improvements without a dollar’s addition to
its bonded debt, and now has lowered its fixed charges
by funding its old bonds at a lower rate of interest,
must have in reserve a surprising productive power,
which general prosperity cannot fail to develop.
A gradually hardening and sensitive money market
with an occasional higher spurt has been the record
for the past month. The extreme rates have been due
to special causes which we have from time to time
recorded; but dearer money has no doubt become a
permanency—a conclusion the reasons for which were
stated in this column in our issue of the eleventh of
March. We may say in brief that such a result
is always inevitable, wherever an inflexible paper cur
rency is in use, when business is increasing in
activity and volume. We have, too, in the month
just closed a development which is significant in
its bearing on the future of money. Hitherto since
trade revival began the money in circulation has been
receiving fresh supplies every month from the Treas
ury, the Government revenue having been all the time
very considerably short of the disbursements. In March,
apparently, there has been an absolute reversal of this
condition. The Treasury receipts of revenue are very
greatly enlarged, both in the department of customs
dues and of internal taxes, the receipts for the month
(one day being estimated, the last day not being
reported as we write) indicating that the net
revenue for March will be a million dollars or more in
excess of the disbursements. That means (leaving
out of the account the payment on the Central Pa
cific agreement) that the Government has in March
taken out of the channels of commerce a million dol
lars or more of currency instead of emitting eight or
ten million dollars, the average for many months
heretofore.
A feature of the situation which should not escape
notice is that current returns of railroad gross earn
ings are again beginning to make very satisfactory
comparisons. This is certainly not surprising, since
trade is active and rates are well maintained, there
being in fact no disturbance in the rate conditions
anywhere except the trouble as to passenger rates
between the Great Northern and its competitors.
But the improved results shown attract attention
nevertheless, because comparison is now with en-.
larged earnings in 1898 and because during all re
cent weeks, and in fact back to January, the
showing had been generally quite indifferent,
treating the roads as a whole.
It was knowr
that the bad weather had been a retarding influence,
checking the movement of freight while increasing
the cost of rendering the service; but very naturallj
there were many who were skeptical as to whether the
unfavorable results could be entirely ascribed to that
circumstance. It is now seen that to that fact alone
A p r il 1, 1899, j
591
THE CHRONICLE.
must be attributed the temporary change in the char
acter of the returns. Of course many roads contin
ued to report enlarged earnings, even while the condi
tions were strongly adverse. Hut in certain sections
the returns were quite uniformly bad. This is
particularly true of the Southwest.
There we
now see a complete transformation. Thus the
Missouri Kansas & Texas, the St. Louis South
western and the Texas & Pacific all report substantial
gains for the second and third weeks of March, after
almost continuous decreases since the beginning of
February. For the third week of March our compila
tion, covering 79roads, records 7 "28 per cent gain in the
aggregate. This is the largest percentage of improve
ment shown in any weekly compilation since that for
the fourth week of January, when the percentage of
addition was 10-65 per cent. It contrasts with only
3-73 per cent increase for the second week of March,
1-79 per cent for the first week of March, 2-76 per
cent for the fourth week of February, 0 50 per cent
for the third week of that month, and with 11*28 per
cent decrease for the second week of February. To
complete the story and emphasize the favorable nature
of the present results, it is only necessary to add that
the gain of 7*28 per cent for the third week of March
the present year is in addition to 1846 per cent gain
for the corresponding week last year.
The Pennsylvania Railroad, as already stated, suf
fered a heavy reduction of its earnings. Nothing is
needed to exp^in the loss, however, except the had
weather. The falling off in the gross earnings
can hardly be considered large in view of all
the circumstances, it amounting on the lines east
of Pittsburg to 1260,700, but as this was
accompanied by an addition to expenses of
$251,700, the decrease in the net exceeds half
a million dollars — $512,400.
On the lines
west of Pittsburg and Erie, where the weather was
evidently much less of an influence, the showing is
quite different, and instead of a decrease there is a
small increase in both gross and net— $71,600 iu the
former and $34,900 in the latter. Last year the result
for the combined Eastern and Western lines in Feb
ruary was $680,300 increase in gross and $106,400 in
crease in net. The following is a six-year comparison
for the lines east of Pittsburg—the only part of the
system for which such a comparison can be made.
LlN'CS EAST OF
P it t s b u r g .
1805.
1804,
February.
t
*
t
f
G ross earnings- ..
4 ,5 f* ? S l 4,820.531 1 13*28$ $.010,081
8,182,938
S.tSS.l&jj
3,47*433
Opera*’« expense*.
3,622,083
f
1,110,03$
3,870,733
1
4,002,320
2,876,000
1,123,101
1,14*001
1,126,720
9 .8 8 U 0 5 1 0.018.8-'! 0.211.806 0,030.806
7.#* 1,807 7,$00,7*37 0.928,307 7.172.007
9.007,005
0,007,007
8,163,149
0.421.023
R W 8 .W S 4,6U ,S»9 *110,608
*130,206
1,740,320
S o t e a r n in g s ...
J<m. 1 to M o r. |.
G ross earning?-----O pera*expen se*.
S o t ea r n in g * ..
The effects of the unusually bad weather experi
enced in February appear very clearly in the state
ments of gross and net earnings for that month re
ceived the present week. Very naturally Eastern
rosds, which suffered most from the blizzard that
passed over the country, make the poorest exhibits
Such roads as the Pennsylvania, the Erie, the
Chesapeake & Ohio, the Lehigh Valley, the
Beading, Central of New Jersey, all show either
losses in gross or additions to expenses;
and
generally both combined.
The augumentation
in expenses of course reflects the cost of re
moving snow and keeping the lines open. North
western roads, like the Milwaukee <&St. Paul and the
Burlington & Quincy, and particularly the formor,
have on the whole very satisfactory exhibits. The St.
Paul, indeed, has only a very small loss in net,
with a substantial gain in the gross. The situation
in the Southwest is fairly well reflected by the re
turn of the 3t. Louis & San Franoisco, with its
loss of $49,478 in gross and of $54,401 in net. The
Atchison Topeka & Santa Fe, in much the same
territory, has a strikingly good statement, and re
ports $188,312 increase in net. But there the situa
tion is exceptional. The improvement is the result
of a reduction of $234,963 in expenses, *gross earnings
having fallen off $96,650.
In January, too, it
will be remembered, there had been a reduced
operating percentage on this road. The result is
in accordance with expectations. Iu the six
months from Jnly to December expenses on this system were heavily augmented, and it was then stated
that many exceptional outlays were being included in
the expense accounts, but that after the 1st of Jan
uary there would be a corresponding saving. This
saving is now being experienced. For the eight
months of the fiscal year to February 28 the company
is $933,095 ahead in the gross earnings and $712,533
ahead in the net earnings.
1800.
|
18»S
1807.
81*7011 1,358.101 1,203,401
1810
*100.808
We referred last week to a decision of the United
States courts in a case involving the construction of
the long-and short-haul clause of the Inter-State
Act. The decision was adverse to a contention which
the Inter-State Commerce Commission sought to
enforce.
This week the Commission has itself
made a ruling
with reference to the appli
cation of the same clause in a case involving
a slightly different state of faots. In this case
the Commission had for its guidance a previous de
cision of the U. S. Supreme Court, and its ruling is
made to conform with that decision. The complaint
was with reference to the relative rates on export
traffic and domestic traffic on grain from Chicago
to Boston. The carriers make two rates on grain
and sixth-class merchandise from Chicago to
Boston.
If the commodity is for local con
sumption
the rate is two
cents above the
rate to New York; if it is intended for export
the Boston rate is the same as the New Y ork rate.
This export rate, however, is essentially the inland
carriers division of a through export tariff from
Chicago to Europe. The Commission rules that as
its decision in the Import Rate cases was overruled
by the U. S. Supreme Court, it follows that carriers
are not as a matter of law prohibited from making
rates from points in the United States to points in
foreign countries, or from points in foreign countries
to points in the United States, on which the inland
division, or share accruing to carriers within the
United States, is less than the tariff rate of such car
riers ou domestic shipments of similar commodities.
The Commission also points out that through tariffs
showing to'al charges on export traffic from interior
points in the United States to foreign destinations
cannot, owing to the fluctuation in ocean rates, usu
ally be determined and published in accordance with
Seotion 6 of the Inter-State A ct; and that if the in
land carrier publishes and maintains its division of
592
THE CHRONICLE.
[V ol . L x v m .
the through export rate, it apparently does all it can ials in other prominent States will do the
same. The remarkable increase in the number
do and all that is required under the law.
of State banks throughout the country makes it more
than
ever desirable that statistics of State and na
Money on call has been extremely active this week.
tional
banks should, if possible, be procured for a
Among the influences operating upon the market, in
addition to the demand incident to the feverish ad uniform date at least once a year.
vance in specialties on the stook market, were the
There has been no feature of importance in the
payment of about $-1,000,000 of Chicago & Alton
money and of more than $1,800,000 for new Manhat European political situation this week, and the for
tan Elevated stock on Monday. This was followed eign financial markets toward the close of the week
later in the week by the payment, under the Balti assumed a partial holiday character. The Bank of
more & Ohio Southwestern reorganization plan, of England minimum rate of discount remains unchanged
about $2,400,000, and by the disbursement of a like at 3 per cent. The cable reports discounts of sixty
amount in settlement of other corporation require to ninety day bank bills in London 2f@ 2£ per cent.
ments. The accumulation of money for these adjust The open market rate at Paris is 2 f per cent and at
ments naturally helped to disturb the market, especially Berlin and Frankfort it is4£@4£ per cent. According
as toward the end of the week there was more or less of to our special cable from London, the Bank of Eng
calls by the banks preparatory to the 1st of April land lost £1,669,000 bullion during the week and held
settlements. It is not surprising, therefore, that £30,808,500 at the close of the week. Our correspond
money should have been forced to high rates, es ent further advises us that the loss was due to ship
pecially on the last business day of the week, when ments of £1,597,000 net to the interior of Great
the borrowing was until Monday, the Stock Exchange Britain, to the export of £100,000 to Natal, and to
closing for Good Friday. Money on call, represent imports of £28,000, of which £10,000 were bought in
ing bankers’ balances, loaned on the Stock Ex the open market, £10.000 imported from Holland and
change duripg the week at 3£ per cent and at 12 per £7,000 from Australia.
cent, averaging about 6 per cent. The range for
There has been a remarkable advance in the foreign
money on Monday and on Tuesday was from 4 per
cent to 6 per cent, with the bulk of the business at exchange market, and chiefly for sterling, this week,
posted rates moving upward one cent and a-half for
4£ per cent. On Wednesday the range was from
per cent to 8 per cent, with the majority of the loans sixty day and one cent for sight, while rates for actual
at 5@6 per cent. On Thursday the range was from 5 business rose one cent and a-quarter for long and for
per cent to 12 per cent, with the bulk of the business short and one cent and a-half for cables, compared
at 6 per cent, and the higher rate was recorded in the with the close on Friday of last week. The strength
last hour, though at the close money was offered and of the market is the more remarkable because of the
loaned at 5 per cent ; as noted above, the borrowing fact that concurrently there was activity in money,
was until Monday. Banks and trust companies which ordinarily would have caused a decline in
have supplied the greater part of the money exchange, but it was not until Thursday that the
at the Stock Exchange during the week and tone seemed to be influenced by the higher money
the minimum of loans over the counter was 4-J rates, and even then there was a reaction of only oneper cent until Thursday, when the rate was marked quarter of a cent. One of the important influences
up to 6 per cent and some of the institutions obtained operating on the market has been the apparent con
8 per cent. Time contracts on good mixed Stock viction that preparations were making for the re
Exchange collateral are quoted at 4 per cent for sixty mittance of the $20,000,000 gold to be paid to Spain
to ninety days and 4@4£ per cent for four to six in accordance with the terms of the Treaty of
months. Brokers making a specialty of loaning Paris
It was admitted by bankers that they
money on time quote loans on dividend-paying stocks had no knowledge of any buying of exchange
3£@4 per cent, on good mixed Stock Exchange col which could be traced to houses who would be likely
lateral 4@4| per cent and on industrial security 5@6 to make the remittance, but still there seemed to be
per cent, according to the character of the collateral. a feeling that the transfer of the money in the form
All the above-named rates are for periods from three of sterling was really impending, though there had
to six months. The offerings are liberal, while the been no formal exchange of ratifications of the treaty
demand is reported good. The supply of commercial as a necessary step preliminary to the payment of the
paper is only moderate, merchants being inclined to money by this Government. The fact that two at
withhold offerings until after the beginning of least of the large banks of this city, having exchange
April.
The demand is good and it is quite departments, were not sellers of sterling gave color to
general, but rather more urgent from out-of- a report that one of these banks would probably sup
town than from city buyers. It is worthy of note that ply part of the exchange for this remittance, and
last week’ s bank statement was somewhat influenced therefore that it was accumulating sterling for this
by the report of the Astor National Bank, which made purpose. There seemed to be an entire absence of
returns for the first time on Saturday, and showed fact in support of the rumors which were circulated
$3,464,000 loans, $708,000 specie, $375,000 legal ten connecting the movement in the market with the re
ders and $4,000,000 deposits. The Comptroller of the mittance of the $20,000,000, but nevertheless this was
Currency is reported to be seeking to arrange with the believed to be the controlling influence. Another
superintendents of banks in the leading States to important factor was reported to be a demand for
make reports of their banks on the same date in Octo sterling to remit for American securities sold for
ber as reports are made by national banks. The European account. Though there was no recent evi
superintendents of banks in New York, Pennsylvania dence in the arbitrage operations of such selling, it
and Illinois have made favorable responses to the was regarded as possible that the sales might have
Comptroller’ s request, and it is hoped that offic been made directly through large banking houses,
THE CHRONICLE.
A pril 1, 1898 .J
593
who were now remitting, i’he change from the al
With the Sab-Treasury operations the result is as
most stagnant market of last week to the abnormal ac follows.
tivity and strength this week was so marked that any
Tate
Out Of
N et Change in
W U k E n d in g M ar. 31, 1899.
explanation which seemed reasonable was accepted as
B a n k i.
Bank*.
B a n k B olding*.
correct. The market wa3 insufficiently'supplied with B a n k s 'ln t e r io r m o v e m e n t, a s a b o r . f5 .0 5 4 .0 0 0 *0,8 2 1 .0 0 0 L o s s *1 ,1 8 7 ,0 0 0
2 1 ,6 0 0 ,0 0 0 2 4 ,900,000 L o s s . 3 ,3 0 0 ,0 0 0
bills, not only bankers' bat commercial drafts being
T o t a l g o ld a n d le g a l te n d e r s ___ ^ 2 9 ,6 5 4 .0 0 0 $31 ,1 2 1 ,0 0 0 L o s s * 4 ,1 6 7 ,0 0 0
scarce, and therefore any unusual inquiry from what
The following table indicates the amount of bullion
ever cause would result in an advance more or less
sharp, according to the urgency of the demand. T he in the principal European banks.
imports of gold for the week were $218,037, of which
M ar. SO, 1509.
Afar. 31, 1808.
Bank o f
$193,000 was from Europe.
Silver.
Gold.
Silver. | Total.
Gold.
l o ta l.
Nominal rates for exchange ranged from 4 84 to
4 85 for sixty day and from 4 864 to 4 87 for sight on
Monday. Then followed an advance more or less
sharp until Thursday, when the range was from 4 85 to
4 854 for sixty day, and from 4 87 to 4 874 for sight.
Rates for actual business opened on Monday at an
advance, compared with those at the close on Friday,
of one-half a cent for long and for cables, and of onequarter of a cent for short, to 4 83}@ 4 84 for long,
4 85}@ 4 88 for short and 4 88|@4 86$ for cables.
The market was quite strong, and it so continued on
the following day, when there was an advance in rates
for actual business of one-quarter of a cent for long
to 4 84<i$4 84$. of half a cent for short to 4 80$@4 864,
and of one-quarter of a cent for cables to 4 86$@ 4 87.
The market was even stronger on Wednesday and there
appeared to be an urgent demand, which resulted in an
advance in rates for actual business of half a cent in
long end short to 4 84$@4 34$ for the former and
to 4 8${@ 4 87 for the latter, while cables moved up
ward three-quarters of a cent to 4 87£@4 87$, and the
murket closed very strong with some excitement. On
Thursday the tone wa3 quieter, and then the
market seemed to be affected, for the first time dur
ing the week, by the activity in money, and it was
also influenced by a natural tendency to react after
the rapid advance. Rates fell off one-quarter of a
cent all around to 4 8-i$@4 84$ for long, 4 88$@J 86$
for short and 4 8?$@4 87$ for cables. On Friday
the market was steady. The following shows daily
posted rates for exchange by some of the leading
drawers.
r i u ,.
M o»
Jfa r, 24, M ir. 17 Afar, m
JdOdAft.
4 84
B row s B r n e -...
<dttfbtw. 4 t t *
Bartng.
4 -M*
Magoan k C o _ <
i * •»-»
Basic BrttUh
a ! «*«H
Ifo. A m erica . Bight... | i « M
Bank o f
30 <2ayi ! 4 ■ * *
Hoatreal •«'«»»*
4S6H
Canadian Bank
i 4 84
o f Co mm <sre*.. atjrht*...- 4 * 5 *
Hatdelbaeb.lcfc- 60 day*.• • i n
« -14*
•Iheim er k Co.
d A j *. 1 i s » W
Lasard fram ,.. «O
Sight.... : 4 88!*
Mkrre&Anu* Bk.
30 4 A f t . i 4 841*
of r
84
84*
■»**
304 y*
«od#r*.|
•MU
97
85
H7
45
97
sj
*4*
ni
9£H
;
3l£bt_.
94
WK
m
H0*
■HH
*5
87
ns
r«i
w * jb
T «t< i .
M ar. 2V Mar. m far. 21
H I*
88*
Si H
m i
m i
87*
81*
as
87*
*5
97
& ?*
<rtS
96
sr«
mR
S7
9&*
J
85
A
W7
1
i
[
*7*
*5
37*
s«
87
8AW
87*
96*
m i
76
*U
1
j
97
*7*
t7
-4 *
84*
W i
SB
sight-.
8’
1
The market closed steady on Friday with rates for
actual business 4 84$@4 844 for long, 4 86$@4 86$ for
short and 4 87
87$ for cables. Commercial on
banks 4 8fl$@l 84 and documents for payment 4 83$
® 4 84$. Cotton for payment 4 83(^4 83$, cotton for
acceptance 4 83$@4 84 and grain for payment 4 83$
@ 4 84.
The following statement gives the week's movement
of money to and from the interior by New York banks.
W u k B a M n i M ar. 31, 18B9.
O H M ilC T .................................................„
ftMkWd by Shipped f>H
V. T. Bank*. If. Y . Bank*.'
N et Interior
Afayrrorni.
....................................
•4,102,000
399,000
4 8,333,000 L a .. *1,070,000
g old as*l lev a ! t e n d e r s .«««,
*5.054.000
l * .* * I .o d O iL OS« .* I ,lf!7 ,o n o
9S9,00ojLiM .
07.000
J
Sngland . ..
F ran ce.. .
S e r t n a n y ....
a a e s ia ...........
AngL-H ang"?
Spa in .............
I t a l y .............
Me th e n And?
Nat. Belgians
M
50.8C8JW6
72.587.850
3*5,441,000
97.227.000
35.905.00*
11*025,000
15.220.000
S,998,'KK
3,157.000
%
1
J 80.808.205
48,018,247 120,580,903
15.682.000 40,123.000
4.030.000 101.867.00C'
12.334.000 48,439,000
11.400.000 23.091*000
2.850.000 17,570,000
0,807,000' 10,895,000
L578.000
4.736.C00
X
A
82,404.048
74,195.001 48,723.037
29.134.000 15.003.000
114,381,COO 4.318.000
36,0*3,000 12.510.000
9.025.000 10.880.000
15.331.000 8.239.000
2.767.000 0,947,000
2,779,000j 1.390.000
X
£2,464,048
123,213,701
44.149.000
118,099,000
49.183.000
30.485.000
18,570,0C0
9.714.000
4.189.000
P o L th ii week 300.954,921 10SIC0247 404.105.168 817.019,113 103025,037 423,044,719
T o L p r e t .w 'i 303.20 U 55 102500059 405,827,514 323,214.504 103018,033 426.202,520
i
CHINA-AND THE EUROPEAN POWERS.
The comment rather generally made by the English
press
on the latest developments along the coast of China
j
|is, that if serious trouble is to be avoided, the control o f
China must very soon be portioned out to the States
of Europe, much as Africa was distributed four years
ago. The recent move of Italy to obtain a footing
on the Chinese coast similar to that already occupied
by Germany, England, Russia and Japan, has drawn
attention to the fact that, except for the gulf at the
head of which lies the capital of the Chinese Empire,
the entire coast-line of that moribund State has passed
under the control of European governments. Some of
these foreign coast possessions are held through absolute
cession, as in the case of Great Britain s occupancy of
Kong Kong since 1841, or Formosa, acquired by Japan
in the war of 1895. Others— notably the more recent
Russian acquisitions on the northern coast— are held
under what, by a diplomatic Action, is called a
“ lease.” But whatever the form or legal nature of
the title, the control has in every case passed per
manently ont of the unresisting hands of the Chinese
Empire. The new fact with which the world is con
fronted, as a result of the so-called “ colonial move
ment ” of the European Powers during the last few
years, is a Mongol empire virtually shut off from the
sea, with its access to other markets controlled by a
group of foreign Powers.
If this were all of the problem, it would be curious
and novel enough. The question of free access to
these Oriental ports is involved in the mere occupa
tion of the coast by rival European governments.
But, as in most problems of the kind, the resultant
complications did not stop with the most obvious
consequences. At the very moment when the ques
tion of exclusive or common rights to the trade of
the appropriated ports was under vigorous disenssion,
disputes arose as to the privileges of the several Euro
pean nations in the interior of China. English financ
iers, not waiting for the settlement of title to the
Chinese coast line, had been at work obtaining
“ concessions” for the construction of railways in
the interior with English capital.
One of these
“ concessions” affected the Chinese province of Man
churia, lying between Russia’s possessions of Eastern
Siberia and Russia’s possessions of Chinese territory
in Port Arthur. .Objection was vigorously made by
the Russian Government. Our readers will recall the
594
THE CHRONICLE.
changing phases of the controversy— the cry that the
English Government had been outwitted in the Far
East, the threats of war, the mysterious palace con
spiracy at Pekin, and so on. At length, so far as can
be gathered from the despatches, England has con
sented to recede from any claim to an exclusive right
to railway control in Manchuria, and Russia has
agreed, with this stipulation, to withdraw its objec
tions to the existing English projects.
Thus far the situation is simplified, and makes for
peace. But it will be observed that this very settle
ment is a more than tacit recognition of what in
Africa the English call the “ sphere of influence”
and the Germans the “ hinterland.” In other words,
the principle over which France and England nearly
came to blows in Africa a vear ago—that the imperial
title distinctly recognized in a coast province involves
a general claim to the land stretching inward as far
a3 the ascertained boundaries of another Power’s ter
ritory—is having its first formal recognition in East
ern Asia. The appeal of the English press for an
international conference which will “ delimit” these
various Asiatic spheres of influence is a natural
result.
But it will at once be recognized that the question
of the hinterland is very different in China from
what it has been in Africa. The right to seize and
appropriate unsettled land, or land occupied only by
savage tribes, has in one form or another been recog
nized and exercised during several centuries. In
this regard, therefore, the African acquisitions, even
in their relations with such diplomatic conceptions as
the “ Kingdom of Sokoto,” were simple matters. But
in the case of China, the outside Powers have to deal
with an organized government, civilized if not modern
ized—with a government, moreover, standing in
formal diplomatic relations with each one of them and
holding assurances of their friendly purposes. This
different situation has been recognized by the care
fully maintained fiction of a “ lease ” of coast land in
the case of Germany and Russia, something about
which none of the colonizing Powers troubled them
selves in Africa. How, then, is this position to be
maintained in an advance on the interior of China ?
The answer to this question undoubtedly involves a
good deal of future history.
There are two historical precedents, apart from the
methods pursued in the partition of savage Africa,
which have undoubtedly been present in the minds
of the Powers now occupying the coast of China. One
is the English conquest of India a century and a-half
ago, the method then pursued by the conquering gov
ernment being the pensioning of the native rulers
from the British exchequer, the recognition of their
hereditary titles but not of their sovereignty, and
the administration of the territory in the interests of
English trade. The other precedent, of more recent
occurrence, is the establishment of a British protec
torate over Egypt, with the sovereignty of the K he
dive technically allowed, but the financial, the ju
dicial and, for the most part, the diplomatic manage
ment of the State retained in foreign hands.
It is conceivable that one or the other of these two
methods might, under certain circumstances, be ap
plied to China; for it is now pretty universally recog
nized that the vast inert mass of population and bur
eaucracy in native China is incapable of serious resist
ance unless in the remote chance of a division of
belligerent European Powers for and against the in
[VOL. liX V I ll.
dependence of China. But in some important re
spects the situation in Asia is unlike either of the
two historical precedents cited. The conquest of
India meant the subjugation of a score or more
of native States, each of which might be dealt
with separately, and any of which might in certain
contingencies be turned against the other. The Chi
nese Empire, decayed and tottering as the structure
is, nevertheless remains a single Power which must
be dealt with singly. On the other hand, the Egyptian
protectorate is exercised by a single foreign Power,
the joint foreign control over the Government’ s
finances being now little more than an antiquated
and purely formal expedient. But in the case of
European control in the interior of China, at least
five rival States would be contending for a voice in
the new administration. The very possible dangers
of such a situation were forcibly illustrated a
few months ago by the collision of English
and Russian diplomacy at Pekin— an episode
which instantly started both London and St. Peters
burg into talk of war. It is, of course, with this in
mind that the diplomatists are now prudently using
the old phrase “ spheres of influence ” But a diplo
matic euphemism does not by any means remove the
cause of material friction, and it has sometimes
seemed to us that except for Russia— whose purpose
of acquiring a navigable ocean outlet for Siberia is
plain enough—all of the rival Powers are doing little
more than grope their way, with the one resolve of
securing what financiers would call an “ option” in
whatever the final distribution of territory and privi
leges may be.
Perhaps the most striking part of this whole so-called
“ colonial movement” of the present time is the fact
that no one has yet demonstrated that from a trade
standpoint the gain will equal the cost. Certainly
none of the recent colonial experiments on the
Chinese coast— the French administration of Tonquin, for instance— have paid for themselves, even
through increased trade. This problem, however, so
far as China is concerned, is a matter of legitimate
experiment— more feasible than the similar experi
ments in Africa, since China’s four hundred million
population is at all events civilized, with some of the
needs of European consumers and the possibility of
developing others.
But even in this regard it is not easy to
discover how far the “ colonizing” movement is a
genuine industrial venture and how far a mere epi
sode of international politics. The “ Cape to Cairo”
railway scheme of Mr. Cecil Rhodes, for instance,
which has been again brought forcibly into public
notice by the recent personal conference and rumored
agreement between its projector and the German Emporer, is admitted by most experienced railway men
to be wholly impracticable from the profit-earning
point of view. It runs through hundreds upon hun
dreds of miles of jungle, inhabited by savage tribes
and its freight,
except for
relatively
short
stretches south of Cairo and northward from
Cape Colony, can be only expensive through
traffic. Yes the projectors hardly try to in
sist upon the argument of profit; they base their
reasoning almost wholly upon the political functions
of such an enterprise. On this basis, the argument
for the railway through Africa appeals for Govern
ment subvention in the same way and on much the
same specific grounds as the advocates o f the Nica-
A pril 1, 1899.J
THE CHROJVLCLE.
595
the old craze against the railroads, which appears
to have taken possession of his mind at a time
when it is waning elsewhere. To be sure, in the case
of tbe Sherman Shreveport & Southern consolidation,
in which the Governor’s position from an argumenta
tive standpoint seems stronger than in any of tbe
others, he contends that the bill violates the Consti
tutional inhibition against the consolidation of
THE RAILROAD DEVELOPMENTS I N
parallel or competing lines, and furthermore that the
TEXAS.
Courts have once already decided as to this road that
An interesting and somewhat curious situation has it could not be combined with the Kansas & Texas.
developed in the State of Texas. For some time But Judge Reagan and the Senate Committee show
past Governor Joseph D. Sayers, from whom so very clearly that tbe Governor is in error in both
much was expected in the way of an enlightened these contentions. The Committee in their report
administration, has busied himself sending in to the take up tbe Governor’s arguments seriatim, and over
Legislature vetoes of bills passed by that body. The throw them all. They point out, moreover, that the
vetoes have nearly all been of measures providing for hill does not stifle, but will create competition.
railroad consolidations. We do not mean consolida What is now a weak and local highway, they say, will
tions of large magnitude, but simply bills giving leg become part of a great system in competition with the
islative permission in certain specific cases for the other great systems o f railway and give an important
absorption of branch roads by the parent company. section of the State direct connection with the markets
States.
We say branch roads, because the roads in question of the United
#
By no stretch of the imagination can either the
are all small pieces of line, and can be dignified by no
other name. Thus the Sherman Shreveport & South Sherman Shreveport & Southern or the Tyler South
ern, which the Missouri Kansas & Texas was to have eastern be regarded as “ parallel” to the road with
the right to acquire, is only 155 miles long ; the Tyler which it was proposed to unite, and it would be a
Southeastern Railway, which the St. Louis Southwest violent assumption which would make them “ com
ern was to be allowed to take, but SO mile*; and the peting.” In arguing the case Judge Reagan asks the
Austin <&Northwestern, which with some other roads question : “ What are parallel and competing lines
was to be combined with the Houston & Texas Cen within the meaning of the Constitution and laws ?”
Plain common sense, he declares, would say it would
tral, only 107 miles, etc., etc.
The lines mentioned are all controlled in the inter be two railways boginning at places near each other
est of the roads with which it was proposed to con and ending near some other common point and run
But
solidate them, and the object of amalgamation in ning substantially parallel with each other.
each instance was to allow of a simplification of ad the Missouri Kansas & Texas and Ihe Sherman
ministration and to dispense with a double set of Shreveport & Southern run at right angles with
officials.
The loss will therefore, in any event, each other and lack thirty miles of a connec
be that of the people of the State— that is, those who tion. A branch of the Kansas & Texas, to be sure,
use the roads; for the ultimate cost of maintaining crosses the Sherman Shreveport & Southern, but Com
the lines must fall upon them. This is so even in missioner Reagan well says that these two lines of rail
Texas, where the rights of the carrying interest have way accommodate the commerce and afford trans
been peculiarly disregarded in the past, since though portation for distinctly different parts of the people
rates are fixed by the State Railroad Commission, in of the State, and they do not begin or end at the
the event of consolidation there would be a single set same points, or run in the same direction, and
of freight rates instead of, as at present, a double, are in no sense competing lines. With reference
and hence higher set, covering two lines.
to the Tyler Southeastern, this road is so insig
But the interesting, the striking, feature in this in nificant that the Austin correspondent of the
stance is that in his action the Governor has set by “ Galveston News” says it has been called “ the
the ears both the Railroad Commission and a large blackberry feeder ” of the St. Louis Southwestern ; it
section of the legislators. This is something quite has its terminals at Tyler, and does not compete with
uncommon. Hitherto sentiment has appeared to be anything, and is perhaps as inoffensive, he says, as
almost unanimous in opposition to railroad interests any road in the State. .Judge Reagan plainly shows
and against everything else, in fact, wearing the cor that in this case, too, there can be no pretense that
porate form, so much so that little heed has been given the two roads are either parallel or competing— that
to appeals on behalf of these properties. It is there the Tyler Southeastern runs nearly at right angles
fore a wholesome development to find a division of with the St. Louis Southwestern.
sentiment at last. The majority of the Railroad Com
We have space only for reference to one other of
mission, and Judge Reagan in particular, declares in the railroad bills which have met with Executive dis
the most outspoken way against the course of the approval. We refer to the bill for the consolidation
Governor. As for the legislators, the feeling in the of the Gnlf Beaumont & Great Northern and the Gulf
Senate i3 shown by the action of the Committee on Beaumont & Kansas City. This is perhaps the most
Internal Improvements, to which the veto measures striking veto of the whole lot, and here the harm to
had been referred, in recommending that two of the the State seems likely to prove direct and tangible.
bills (being all that had been acted on, according to The facts of the case and the reasons calling for con
the latest reports,) become a law despite the opposi solidation are set out in an interview with Mr. John
tion of the Governor.
H. Kirby, the President of the first-named road and
Governor 8ayers is everywhere admitted to be hon the Vice- President of the other. The story is an in terest and sincere in his purpose and intentions. In this esting one. Concerning this veto it is proper to say
case however he has evidently been carried away by the Railroad Commission and the Governor are of ono
ragua Canal have used in Congress. It must be con
fessed, however, that if trans continental railways are
to be added to the forts and fleets and armies a3 an
item of public disbursement on the diplomatic ex
pense account, the future budgets of European gov
ernments will provide some curious spectacles.
596
THE CHRONICLE.
[VOL. L X VIII.
mind, and indeed it is significant of the Governor’s important fact is that sentiment on this occasion is not
general and indiscriminate attitude of hostility towards wholly against the roads; that for the first time in a
the idea of railroad amalgamation that in this in long while at least a portion of the public is arrayed
stance he is able to adduce no reasons of his on the side with the roads. Perhaps it is too much
own for withholding his approval, but simply refers to expect that the bills can pass the Lower House over
to the objections of the Railroad Commissioners. the Governor’s veto. We observe that political meet
These objections appear to the outsider to be very ings are being held to endorse the action of the Gov
trivial and mainly technical, relating merely to cer- ernor, but we also note some meetings where his
t ain words with reference to the regulation of the course has been disapproved. The action of the Senate
reports of the company and the issue of bonds. Committee on Internal Improvements in recommend
President Kirby declares that he acted only after ing that the bills as to Sherman Shreveport & Southern
consultation with the Chairman of the Commission, and the Tyler Southeastern be passed notwithstand
and in view of that fact the opposition of the Board ing the veto, is at least significant. No less significant
now would be inexplicable, except that it becomes is the outspoken way in which Chairman Reagan has
very evident as one reads their lettter that their declared himself in opposition to the vetoes. He ex
objections are based mainly on the idea that, as far as presses the belief that the Governor has made a mis
this particular road is concerned, the Commission take which, if adhered to, “ will be most hurtful to the
might, through the bill, be shorn of some of its honor and interests of our beloved State.” Moreover,
powers—a thing very naturally which they do not be declares, “ it will be impossible even for great
want to have happen. However, the damage to the names, exalted position and the highest character
nterests of the State is none the less real because to sanctify such a violation of principles and such a
opposition rests on untenable ground and the error wrong to the best interests of Texas.”
Perhaps after all, therefore, good will come out of
is shared in by the Commission as well as the
the present experience. One beneficial effect we see
■Governor.
We say “ damage” to the interests of the State be is already evident: the public is thinking for itself,
cause President Kirby’s words plainly imply that the and it may be that hereafter instead of being guided
scheme for building additional mileage may have to wholly by those who, for their own purposes, are seek
be abandoned if the vetoed bill or some other similar ing to keep alive prejudices against the roads, it will
measure is not allowed to become a law. He says that look carefully into the merits of each proposition, and
when the Gulf Beaumont & Kansas City was organ be its own judge as to what is best for the people’ s
ized, provision was made for the issuance of bonds on interests. We have unbounded faith in the fairbut 75 miles of road, carrying the line only as far as mindedness and intelligence of the Texas people, and
Kewtonville, from Beaumont. Any bonds issued on in the event mentioned there would, we are sure, be a
-the line north of Newtonville would therefore be speedy awakening to the folly of the course which the
second mortgage bonds and unsalable. To get around politicians, professing to serve the public, have been
this difficulty, Mr. Kirby says, he conferred with pursuing for so long.
Judge Reagan, who suggested that a new corporation
be organized, and that when the Legislature con
GROWTH OF M E X IC A N ROADS.
vened the two be consolidated. Acting on this sug
There has been a sudden revival of speculation the
gestion he took out the second charter at considerable
expense, and also expended a large sum of money in present week on the Stock Exchange in the shares of
making surveys and permanent locations from New- several of the Mexican roads, and this gives special
tonville northward, all of which outlay, he declares, interest to the annual reports of two of the companies,
he bore personally and individually. When the Legis which we print nearly in full on subsequent pages.
lature convened he applied for an act of consolida It has been suggested recently that as a result of the
tion, and the bill passed the House without a dissent combination of the leading smelting interests of the
in g vote and there was but one opposing vote in the United States, under the name of the American Smelt
Senate.
ing & Refining Company, a material advance in the
The rest of the story may be told in Mr. Kirby’s price of silver might be looked for. Such an ad
own words : “ All I sought at the hands of the Legis vance would certainly mean a great deal to the
lature was autho'ity to build this road coupled with Mexican roads, who lose such a large part
the privilege, under the orders, guidance and action of their revenues each year in converting depreciated
o f the Railroad Commission, of issuing sufficient se silver into gold. As a matter of fact, however, there
curities to provide the means to pay construction has been no recovery in the price of the metal, which
bills. The refusal of the Governor to permit the bill was quoted yesterday at 27 7-16d. per ounce in Lon
to become a law is a serious disappointment to me and don, against 27Jd. March 1 and 27^d. at the begin
will be a more serious one to the counties through ning of the year.
which the road was to be built and which stand
The renewed interest, therefore, shown in the
greatly in need of transportation facilities. I have Mexican stocks must be due to a recognition or appre
labored in this effort for six years, practically without ciation of the fact that the Mexican roads have been
compensation, and had made my financial arrange steadily adding to their traffic and gross receipts,
ments for pressing forward with the work as soon as thus sharing in the growth and development of
the bill became a law. This veto destroys all pros the Mexican country.
Under the wise rule of
pects, as without some such measure as the one pro Gen. Diaz, Mexico has been enjoying great pros
posed it is impossible to get outside help to build the perity.
The extension and development of her
line, and neither I nor the people whom the road will railroad mileage has of course been an im
serve have the money with which to build it.”
portant element in this growing activity. At
As already stated, the developments here noted are the same time the roads, while contributing
not without some encouraging features. The most very largely to the country's material advancement,
A pril 1, 18»9,J
THE CHRONICLE.
597
the total of the gross receipts, at 16,330,919 for 1898,
compares with only $3,660,124 for 1889. In the same
interval the total of the net has risen from #666,692
to $2,991,789— without any increase in mileage.
The chief difficulty in the management of the Mex
ican roads has been in the constant depreciation o f
the Mexican silver dollar.
Traffic and revenues havebeen growing fast enongh, we see, but the shrinkage
in the value of silver has come in to nullify the in*
crease in revenue through the steadily growing loss sus
—Mexican International—*
------ Mexican N ational. ------> tained in converting revenues into gold. Even in the
A eerage
Grot*
Grm t
S et
Tear—
Kilometer*, E arning*.
Earning*.
E arn ing>. late year there was a further shrinkage, Mr. Hunt
1893...................1,080
S3.497.074
S6.330.919
$2,991,789 ington’s Mexican International having realized an
1897...................1,060
3,034,126
6,0*0,6«3
2,986,237
1896................... 1,011
'-',900,025
5,298,025
2.525,957 average of only 45'58 cents for its silver dollars,
1895.
. . . . 947
2.664.126
4,513.206
2.071.403
Only few understand
1894. .............. 922
2,169.121
4,329.078
1,801,962 against 47-80 cents in 1897.
1893...........
922
2.050,934
4.224,SOI
1,639,437
1892............... . 746
2,095,726
4,736,029
1,700, 13 what this depreciation means as compared with what
1891................... 658
1,197,856
4,206,422
1,159,021
1890............
637
1,126,366
3,754,966
827,004 the situation would be if silver had its old value and
1830.................. 636
911,698
3,660,124
666.692
ruled on a parity with gold, a situation which seemed
Here we thus have a record of growth and expan in prospect for a brief period during the silver specu
sion which is akin to that experienced by onr own lation of 1890.
roads at home. The only break in the upward move
It is difficult to state in exact figures what the
ment, it will be observed, occurred iu 1893, when the loss is per annum from the depreciation in silver,
panic and depression, from which the United because besides the loss iu converting net earn
States suffered so much, developed.
The
re ings there is a further loss by reason of the in
covery,
however, began the very next year, crease in expenses occasioned through the higher
and since then a new high total has been price that ha3 to be paid for needed materials
established each year. In 1898 the Mexican Inter that have to be bought outside of Mexiconational, on top of almost continuous increases iu the The Mexican National, as a matter of conve
years preceding, made a further addition of #162,917, nience in book-keeping, has been taking the dollar'
or 15-25 per cent, to its gross receipts, bringing the at the uniform value of 80 cents, all depreciation in
aggregate up to #3,197,071. Mine years before, in excess of 20 per cent being charged as a separate
1889, the gross receipts of this same road wore only item against income. This excess depreciation alone
#911,698. The growth on this road is the more note amounted in the late year to #1,474,999 in Mexican
worthy as the International has been built with currency. Oould this have been saved, the company
out any aid or subvention whatever from the Mexi conld have paid the full C per cent int^rost on thecan Government. It owes its success and advance #24,530,000 of second mortgage Glass “ A” and Class
ment entirely to the faith, enterprise and ener “ B” incomes, and the same amount on the $7,040,000
gy of Mr. C. P. Huntington.
Of course present of third mortgage incomes.
At present neither the
earnings are on a larger mileage, but lest undne im Class “ B” nor the third mortgage bonds receive
portance should be attached to this fact, we have in anything.
the foregoing added a column to show the change in
Considering tho growing magnitude of this shrink
average mileage each year. By applying these figures age in the Mexican standard of values, the Mexican
to the totals of gross receipts, it will be discovered roads have all been doing surprisingly well. The
that even on a mileage basis there has been a wonder Mexican National, besides meeting its obligatory in
ful growth, the average gross per kilometer standing terest, has found it possible to pay 3J per cent on tt e
for 1898 #3,299, against only #1,133 per kilometer 2d mortgage class “ A ” bonds. The Mexican Interna
in 1889. In 1898 the average mileage operated was tional re-arranged its funded debt in 1897, and thereby
precisely the same as in 1897, namely 1,060 miles, effected a material reduction iu its fixed chargesthe Monter-y extension, from which such good re Having also daring 1898 considerably enlarged its net;
sults are expected, having been opened on Decemoer income, it is able for that year to make a very hand
25 1898— too late to count in the year's results. We some showing. With net in American money o f
notice that in an interview at New Orleans Mr. Hunt #652,051 it had fixed charges of only $488,375 to*
ington is quoted as saying that if surveys arc satis meet, leaving a surplus of $163,675, against only
factory, the International will also be extended Irom #38,288 in the calendar year 1897.
Durango to the Pacific.
The M xican National of course is a much larger COTTON CONSUMPTION AND O V E R LA N D
system (comprising 1,219 miles or about 1,950 kilo
MOVEMENT TO A P R I L 1.
metres), but under President Raoul’s wise management
With more favorable weather conditions, the market
there has been equal progress. The further increase ing of cotton has been on a more liberal scale during
in 1898 in this case has not been so striking, being only March than in the preceding month,hut the movement
#250,256, bat it should be remembered that in com has not been so free as in March of 1898. There has
paring with 1897 we are comparing with a year when come into sight during the month 632,563 bales,
on account of the failure of the corn crop in Mexico against 667,177 bales in March of 1898 and 378,297
there were large importations of corn into that bales in 1897. The aggregate amount of the crop o f
country, the revenue from which to the Mexican 1898*99 now visible is 9,953,611 bales, against 10,National amounted to $329,413. In 1893 all this was 107,381 bales on April 1, 1898. Spinners’ takings
lost, no corn being imported. The gain in total gross have been of lesser volume during the month than in
receipts of #250,256 is in face of this large loss on that 1898, and their aggregate takings for the seven months
single item of traffio. It will further be noted that fall behind those for the same period of last year ' y
have themselves experienced the largest benefits from
the prosperity which they have done so much to pro
mote. Few persons realize what a steady and large
growth the Mexican roads have had. We know of no
better way of illustrating the expansion in progress
than by means of the revenue returns of the two roads
whose annual reports we publish to- day. Hence we
give herewith the following table, in which we go
back just ten years. The amounts are all stated in
Mexican currency.
THE CHRONICLE.
593
IV o l . L x v m
Using the facts disclosed by the foregoing state
44,796 bales; contrasted with 1896 97, however, there
ments, we shall find that the portion of the crop
is a large excess.
which has reached a market through the outports
O V E R L A N D M O V E M E N T TO A P R IL 1 .
The gross movement overland in March has been and overland, and the Southern consumption, since
151,713 bales, which compares with 162,680 bales last September 1 this year and the two previous years, is
year and 86,569 bales in 1897. The excess over a year as follow s:
ago in the total for the season to date now reaches
1898-99. 1897-98. 1898-97
152,322 bales, and contrasted with 1896 97 the increase
Reoelpts at the ports to A p ril 1 .. .bales. 7,652,362 7,993,039 6,299.127
is 605,777 bales. The net for the month has reached Net shipments overland during same time 1,151,420 1,081,342| 766,177
84,304 bales, or a loss from 1898 of 23,251 bales, the
Total reoelpts............................... bales. 9,803.782 9,074.381 7,065,304
Southern consumption since September 1 790,000 675,C00| 613,000
total then being 107,555 bales. In 1897 the net
Total to A p ril 1 ........................... bales. 9,593,782 9,749,381 7,678.304
reached 62,277 bales. The aggregate for the seven
months records an increase over last year of 70,078
The amount of cotton marketed since September 1
bales and the gain compared with two years ago is in 1898-99 is thus seen to be 155,599 bales less than
385,243 bales.
in 1897-98 and 1,915,478 bales more than for 1896-97.
OVERLAND FROM 8KPT. 1 TO MARCH 31._______________
To determine the portion which has gone into the
1898-99. 1897-98. 1896-97.
hands of Northern spinners during the same period
Amount ihipped—
we have prepared the follow ing:
Via St. L onls............................................. .
Via Cairo....................................................
825,981
364,313
Via Rook Island........................ ...............
Via Louisville .........................................
Via Cincinnati..................... ...................
Via other routes_____________ ________
Shipped to m ills, not Included a b o v e ..
43,407
159,081
143,649
147,178
10,961
767.276
334,560
28,930
44,946
108.600
126,351
122,520
9,068
467,314
246,113
15,080
13,319
122,094
126,233
99,851
8,792
Total arose o v e rla n d ....... ............... 1,694.573 1.542,251 1,088,796
Deduct shipments—
448,146 403,938 286,844
Overland to New York, Boston, A c ...
23,347
32,325
3,798
Between Interior tow n s_____________
3,103
4,271
3,846
Galveston, Inland and looal m ills........
15,090
11,546
14,3 17
New Orleans, inland and looal m ills...
26,565
5,536
Mobile, inland and looal m ills...............
4,381
1
335
1,456
Savannah, Inland and looal mills..........
2,473
488
Charleston, Inland and looal miUs-----1,350
N. Carol’a ports, Inland and looal mills.
1,095
1,586
14,917
Virginia ports, Inland and looal mills.
9,536
6,361
Total to he deduoted _____________
543,153
460,909
322,619
1,151.420 1.081.342 766.177
L eaving total net overland*
■ TniH totai moiuaes Brupiueuib to Uanaaa oy rail, wuico since
September 1, 1898-99, amounted to 88,107 bales, in 1897-98, were
103,104 bales and in 1896-97 w ere 59,011 bales.
9,593,782
Total receipts to Mar. 3 1 ,1 8 9 9 , as a b ov e...................bales.
8took on band commencement, ot year (Sept. 1 1 8 9 8 1 A t Northern p o r t s ...______ _________
61,054
A t Southern ports................................ 114,952 — 176,006
At Northern Interior m arkets_______ __________
1 0 ,2 6 6 - 186,272
Total supply to Mar. 3 1 ,1 8 9 9 ....... ......................................
9,780,054
I f this supply there has been exported
to foreign ports aiuoe.Sept. 1 ,1 8 9 8 . 6,243,205
Less foreign ootton inoluded — bales.
52,717- 6,190,488
Sent to Canada dlreot from W e s t .........................
88,107
714
Burnt North and South..................... ............ .........
Stook on hand end o f m onth (Mar 3 1 ,1 8 9 9 )—
A t Northern ports................................ 203,161
A t Southern ports . . . . . . . ................. . 608,066— 811,227
A t Northern Interior m arkets______ __________
1 2 ,2 6 7 - 7,102,803
Total takings b y spinners since Sept. 1 ,1 8 9 8 .......................... 2,677,251
Taken by Southern spinners..........................................................
790,000
Taken hy Northern spinners since September 1, 18 98.........
Taken by Northern spinners same tim e In 1897-98................
Decrease In takings by Northern spinners this year..ba les.
1,887,251
1,932,047
44,796
The above indicates that Northern spinners had up
to Mar. 31 taken 1,887*251 bales, a decrease from the
RECEIPTS* E XPO R TS A N D S P IN N E R S 5' T A K IN G S .
corresponding period of 1897 98 of 44,796 bales and
In common with the overland movement, the net
an excess over the same time of 1896-97 of 470,153
receipts of cotton at the outports have been less than
bales.
in the month of 1898, only that the diminution here
A M O U N T OF CROP N O W I N S IG H T .
is much greater. The total for March 1899 has been
In the foregoing we have the number of bales which
but 426,430 bales, whereas in March last year it was
has already been marketed this year and the two
567,622 bales and in 1887 335,022 bales. The aggregate
previous seasons. An additional fact of interest is the
for the seven months is 340,677 bales less than that
total of the crop which was in sight on April 1
of last year, and 1,353,235 bales in excess of 1896-97.
compared with previous years. We reach that point
The exports to foreign ports have been much less free
hy adding to the above the stock remaining at that
than in March of any of the past eleven years, only
excepting 1892-93 and 1893 94, the shipments for the date at the interior towns less stock held by them at
month this year being but 367,461 bales, against the beginning of the season. In this manner we find
812,234 bales in 1898 and 432,968 bales in 1897. the result for three years on April 1 to be as follows :
For the season to date the total exports are 17,294
1898-99
1897-98
1896-97
bales more than in 1897-98 and exhibit a gain of
1,129,525 bales over 1896-97.
Total m arketed, as a b o v e ___bales. 9,593.782 9,749,381 7,678,304
interior stooks in ex cess o f Sept. 1.
Movement from Receipts Receipt* BXPORT8 SINCE SEPT. 1, 1898 TOStocks
since
Bept. 1. 1898, to since
Sept. 1 Sept. 1, Great France. Conti
Mar. 31.
Mar. 31,1899.
Sated.
1898.
1897. Britain *
nent.
Galveston......... «, lnO.495 1,843,099 1,014,°20
T e x a s Clty,& c
74,166
89,358
18,085
N ew Orleans
1,951,841 2.451,481 701,317
M o b ile ............
237,090 342,051 139,120
F l o r i d a ........
182,041 108,110
75,442
S a v a n n a h .. ..
1,010,007 1.12v?,287
51,700
B runsw ick, <fcc. 20*5,411 249,830 104,715
C h arleston........
864,011 454,489
75,793
P o r t R oy al ,dto.
23.295
75,870
21,210
W ilm in g to n ___
289,805 310,202 119,002
W ashington,Ac
1,361
l,24fc
N o r f o lk ............... 695,17f 520,899
89,247
N ewp'tN ew s.& o,
26,266
19,996
16,281
New Y o r k ..........
89,564
92,831- 229,427
B o s t o n ................
278,277 170 50* 342.961
B a lt im o r e ..........
87,625
00,518 100.510
P h iladelphia, Ac
42,490
€8,519
14,243
8an F ran ’sco.& c
12.500
T ota l 1898-99.. ■.052.892
T otal 1897-98.J
T<vt»i
J
800,180
10,849
82,210
504,531 1 3 3 ,5 3 7
13,298
81,978
550,545 1,488,921
29,274 107,894
81,494 107,785
512,077 590,039
81,123 245,838
150,009 231,802
21,210
142,507 200,509
21,701
26,729
9056
108,428
4,110
81,032
228,059
87,290
380,334
10,676
39,515
4,052
10,139
50,574
1,445
141,086
35,000
19,320
7,150
3.1 7,045
000,121 2,440.039 0,243,206
811,227
7,993.039 2.883,091
723,207 2,019,613 0,225,911
927,945
0.2C 0.127 \725.905
012.708 1.775.072 6.113.680
732.175
79,879
(Jhauuel.
359,829
358,000
143,000
9,953,611 10,107,381
7,821,304
This indicates that the movement up to April 1
of the present year is 153,770 bales less than in 1897-98
and 2,132,307 bales greater than in 1896 97.
As it will interest the reader to see what has come
into sight each month of the season during this and
previous years, we have prepared the following, which
shows the movement for the last four seasons.
12.015
04,976
26,230
419,616
347.071
182,592
14,243
92,384
1,050
Total in sig h t..................
M ontht.
1898-99.
1897-98
1896-97.
September............
Ootober...............
Novem ber............
Decem ber............
J auuary................
February.............
M a r e h .................
982,766
2,298,606
2,353,009
2,089.594
1,101,499
495,574
632,563
1,069,800
1,871,654
2,337,112
1,950,210
1,342,945
868.483
667,177
1,222,287
1,891,562
1,634,210
1,549,705
680,513
464,730
378,297
542,394
1,722,122
1,321,097
1,336,030
617,924
483,475
357,525
Total 7 m onths.
Balance season..
9,953,611
10,107,381
1,073,579
7,8 21,304
892,707
6,380,567
781,906
............
11,180,960
8,714,011
7,162,473
Total o r o p .......
1895 96.
THE CHRONICLE
A pril 1, 1899.]
W E IG H T OE B A LE S .
To famish a more exact measure of the receipts up
to Mar. 31 we give below our usual table of the weight
»f bales. We give for comparison the figures for the
same time in the two previous year3._________________
5 IWe
S tm t
Seven M on ths E n d M a r. 31, 1899. p eri'd it terv’d in
1897*98. 1893-97.
d u m b er o f
B ales.
Weight in
P o u n d s.
A v era g e A verage h vera gt
Weight. Weight. Weight.
2,260,660
Louisiana_____ l ,0 5 1,841
A labam a..........
237.690
Georgia*.......... . 1,46-,122
377,303
South Carolina.
620,411
V ir g in ia ........
291,156
Worth Carolina.
Tennessee, A c. 2,389,566
1,206,740,308
1,018.041,229
124,071,130
731,157.983
186.801,201
303,004,771
145,44*1068
1,191,783,000
533*80
521*58
522 00
501*09
495*10
48.3*37
499*54
500*00
52993
510-25
51100
495*59
491*08
490*43
500*60
500 00
528 44
508 22
504*00
48705
185 00
484*05
489 22
498*40
T ota l........... 9,593,782
4,913,049,740
512T1
507 08
502 73
Mocm<Hng PToncu
It will be noticed that the movement up to March
31 shows an increase in the average weight as com
pared with the 3 i m o period of la3t year, the average
this year being 5L2T1 lbs. per bale, against 507-08
lbs. per bale for the same time in 1897-93 and 503'73
lb3. in 1896*97.
DRY GOODS TRADE IK M ARCH.
The early part of the month showed a good demand
for the general run of cotton goods, but daring the
latter half business in the primary market fell away
considerably. The aggregate, however, makes a very
favorable comparison with the corresponding month
last year. At the close stocks of all descriptions are
in excellent condition
In no quarter are supplies of
any moment reported ; in a number of directions the
market is bare and oversold. Brown cottons and
print cloths show no material change in price, but in
bleached cottons, coarse colored goods and prints
prices are frequently £ to £c. higher on the month.
~gj
’
1899.
§
;
rjott’ n P rin t
Ime
in a
1898
Sheet* L a n S W n
ings. caster 3 -y d .
4 - Ok
5 . . ___ .
e..
7.. e%
s.. a**
9.. 6 b
1 0 .. 0
ii.: 6
1 2 . . . . . . ..
13.. S i»i.
1 4 .515 „
15.. 6
16.. U*!
J 7 * si‘j «
18., S’ .
19.............
2 0 ,. S k
2 1 .. 5%
22 .. 5 7*
23.. 5",
24,. 5 k
25.. 5 7$
26.. .. ...
27, 5 79
28,. 5 b
29.. 5 7e
30.. 5 ",
31.4 .......
2k
2k
2*
2k
2H
2R
2k
2k
24,
2k
.... .
2k
21 ,
2k
21 ,
2k
ik
ik
4k
ik
4k
*k
4k
4k
4k
.., 8 .
4\
4k
4k
4k
4k
4k
5k
5k
Ak
5k
ik
4k
4k
4k
OotVn [*rint- S hiel L a n - Wth-%
ing
low
in g s, easier 3 yd
sheet
ings.
5*4
5k
5k
5k
5k
Sk
44
4k
4k
4k
4k
4k
..........
4*4
4k
4k
4k
4k
4k
f>k
5k
5k
5k
5k
5k
5b
9$
5k
5k
5 '*
24,9
2 fi*
24„
2* „
23,-
4k
4k
ik
4k
. . . . .. . a ..
4k
4k
4k
4k
4k
4
4
4
4
4
5>*,» 2 %
5«k - 2 k
51»l* 2 k
5**i, 2 k
5k
2k
5*>1S 2 k
4k
4k
4k
4k
■Ik
4k
4k
4\
Ik
4k
4k
4k
4
4
4
4
4
4
5U „
3 > l„
5 »„
511,*
511,,
4k
4k
4k
4k
4k
4k
4k
4k
4k
ik
Ik
4
4
4
4
4
2k
2k
2k
2k
2S
2k
able at the same place m aybe added together and treated
as one item for the purpose of fixing the amount charge
able.”
The words which we have italicized have from the first
been held by some bankers to mean that items receive d
which are payable at different points or cities in the same
State, or in different cities in different States in the same
group may hs added together, &e. For example, items re
ceived from any one person a ' the same time and payable at
New Haven, Hartford, Bridgeport, or other cities in Con
necticut : or items received from any one person at the same
time and payable at New Haven, Cfc., Newport, R. I., Springfield, Mass., may be added together and charged as one item
where the charge npon each item does not equal ten cents.
Some of the bankers who maintained that this was the cor rect interpretation o f the section were instrumental in
formulating the first draft of the new rules, and were con
sulted from time to time while the rales; were being consid
ered by the Clearing House committee. Moreover, the rales
were based upon those in force by the St. Louis ClearingHouse Association, and it is understood that the above is
the interpretation placed by that Association npon a similar
section in the St. Louis rules.
On the other hand the bankers who opposed this inter
pretation of Section 5 contended that the language o f the
section waj plain and unmistakable; that the word “ place”
meant a city or a town in a State, and not different cities
in a State or in a group of different States, This contention,
it may bs notsd, was sustained by some members o f the
Clearing House Committee and by prominent officers o f the
Association who construed the language of the section liter
ally. The fact that some of the banks were advising their
correspondents that charges would be made in accordance
with the less liberal interpretation of the language of S ec
tion 5 noted above, while other banks were inclined to adopt
the more liberal Interpretation referred to, led to
efforts by prominent bankers to obtain an official interpreta
tion o f the section In order to secure uniformity in practice.
Individual members o f the Clearing H m se Committee were
conferred with, and as a result of this conference the fo l
lowing was issued by the Committee on Thursday:
N e w Y ork C lear in g H ouse A sso c ia tio n , )
77-83 Cedar Street, March 39, 1899.
f
S ib :
The attention o f the Clearing House Committee having
been called to the fact that different interpretations have
been made of the meaning of the word* “ at the same place,”
in Sootton 5 of the rales regarding collections, as formulated
by this Committee, and it not having been intended that the
word “ place” in the said section should have the same
meaning as the word " p oin t" used in the preceding Sections
3 and 4 ; therefore, this Committee declares that the said
Section 5 shall be read so as to permit all items payable
within the States, Territories and districts enumerated in
either Sections 3 or 4 to be added together and treated as one
item when “ received from any one person at the same time.”
By srder,
W. A. N a s h ,
Chairman Clearing House Committee.
D ear
J m id - cloth*, stand- gin g- sheet- raid cloths, stan d p n g ! |tU ng 64x64 a rd . ham* ing*. ilin g . 64x64 a rd . ham s
l j 8k
2 ..i 6 %
3.. 6 k
599
W
illiam
Sh e r e b ,
Manager.
. The foregoing shows that the Committee has adopted the
more liberal view. We do not need to say that this con
2k
5»*
4*
4*4
......
2k
4
4k
6k
4k
511,, 2 k
4k
4k
struction effects a material modification in the arrangement
2k
4k
4k
4
6k
i 4k
5*1,* 2*4
2k
4k
as generally understood by depositors.
4k
4
4k
5k
ik
5k
2k
2k
4k
4
21 „
5k
4k
4k
5k
4k
— Mr. James C. Bell was this week elected Vice-President
4k
2k
4
5k
*21 j .
ik
5k
4k
4k
£1* i k
of the N issau Bank, a State institution, located on the corner
2k
4k
5*4 j 4*4
..........
..j £ .
4k
o f Beekman and Nassau streets. Mr. Bell comes from an
2k
4
6k
•2‘ l« 4 k
4k
4k
2\
4*
5k
ik
511,, 2 * ,,
4
4k
4k
old banking family. His grandfather, Mr, Abram Bell,
2k
4k
4
5k
4k
5k ' 2‘ „
4k
4k
2%
4\
4
5k
4k
5k
2k ,
4k
4k
established a banking honse in this city early in the century,
ja
r
Coe a o o v «
a r o -jp 'o r ttouou. i o w uua«iiiaK apia ou ii *5 d w
Tort; tor printing cloths, manufacturer*- net price*; for sheeting, and and after his death the business was conduct;d by his sons,
g1u gh »'n«,a*ents’ price*, which are subject to an average discount o f 6 William and James C., nnder the firm name of Abram Bell’s
par cent, a coept w h oa otherwise stated ; Son th e m sneettng* n«f.
Sons, Mr James C. Bell, the father of the present V icePresident, was one of the organizers of the Nassau Bank and
ITEV13 A B O U T BANKS, B AN KERS AND T R U 3 T CO'S. he was a member o f the Board of Directors until Novem ber,
—The Clearing H ms© Committee settled on Thursday an 1888, when he resigned and was succeeded by his son, who,
important difference of opinion which has existed among as above stated, has now been made Vice-President.
bankers as to the construction to bs placed npon the lan
guage of the ftfth section of the rales adopted by th© New
i%tcmetitvg1 (£om were till gixflltslxg^expg
York Clearing House Association, to become operative Mon
l From our own correspondent.!
day, regarding collections ontaide the city of Now York.
This section reads as follows: “ In case the charge npon any
L ondon , Saturday, March 18, 1899.
item at the rates above specified does not equal ten cants the
Trade continues to improve very steadily, and each weak
collecting bank shall charge not less than that sum, but nil shows better results than the preceding. But strange to s iy
item* received from any one person nt the some time and pay the stagnation upon the Stock Exchange, which has now
4*4
..A ...
600
THE CHRONICLE.
lasted for fully a month, after the slight spurt that set in
immediately on the opening of the new year, gives no sign
of being dissipated. Everybody is surprised at the apathy
of the public, and nobody is able to suggest an adequate
explanation.
One cause undoubtedly is the belief in this country tha t
speculation has carried prices too fast and too far in the
United States. Because of the continuous war scares which
prevailed here up to the end of last year, the British public
did not take any part, or, at all events, took but a small
part, in American investments while prices were rising after
Mr. McKinley was installed in office. Now that political
confidence is restored and the people here are of opinion
that the danger of war is passed, investors think that prices
have been carried too high, and especially they are alarmed
by the reports they receive of the extraordinary amalgama
tions of trust and new formations of industrial companies.
It reminds them of what occurred here at home just before
1890, and they do not feel inclined to invest in a market
which to them seems to be no longer controlled by far
sighted prudence. The abstention of investors from the
American market and the weakness that has prevailed in
New York for several weeks together account to a large
extent for the stagnation that is apparent here.
Then there is a fear that money may become scarce and
dear. A recovery both in the mining market and in the Argen
tine market had made considerable progress up to the middle
of February, when operators found that it was almost impos
sible in some cases to carry over their accounts, and the
lesson then received has been taken to heart and most opera
tors are unwilling to put themselves in a position in which
they may be compelled quite suddenly to surrender at
discretion.
Over and above this there are a great number of arrange
ments being negotiated concerning the true nature of which
the public is in the dark, and which lead the public to think
that they had better wait for some more information.
Mr. Rhodes, for example, suddenly left South Africa for this
country. lie stopped here only a couple of weeks; then
hurried across to have an interview with the King of the
Belgians. In a lew days he started for Egypt and the
Soudan, having interviews with Lord Cromer and Lord
Kitchener. Since then he has hastened back to Europe and
travelled on to Berlin to communicate with the German
Emperor. That negotiations are going on with both Ger
many and Belgium on the one side and this country and
Egypt on the other, in which Mr. Rhodes is taking a very
active part, is evident enough ; and that those negotiations
have for their object, so far at all events as Mr. Rhodes is
concerned, the completion of his great plans for the con
struction of a railway and a telegraph system to connect
Capetown with Alexandria, is open to very little doubt.
But before the public commits itself in any way it would
like to know whether there are any political arrangements
in addition to the railway, and if so, what? And, further
more, to what extent and in what way will the arrange
ments with Germany affect the British character of the
proposed enterprises.
In addition to all this there are negotiations going on be
tween the Chamber of Mines and the Transvaal Govern
ment having for their aim the abrogation of the Dynamite
monopoly, or, if that is impossible, then such a re-modeling
of the monopoly as will give a larger revenue to the Govern
ment and cheaper dynamite to the mining companies. It
is believed that the negotiations are going on satisfactorily ;
that all the great mining magnates in London are interested
in them ; that they hold almost daily consultations, and that
the communications between them and the Chamber of Mines
at Johannesburg are very frequent. But the public is quite
in the dark as to what the result may be, and in their per
plexity they are leaving the market alone for the present.
In Germany, moreover, money continues very scarce and
dear, and German enterprise for the moment is not making
itself felt in London. The French Bourse is inactive, or so
far as there is any action it is confined to a few specialties
like Spanish bonds and copper securities. Lastly, although
there is a very general belief that peace will be maintained,
the negotiations going on with Russia on the one hand
and with France on the other have not come to a conclu
sion. That both are proceeding satisfactorily is known.
But that neither is completely arranged is believed.
[VOL. LX V T li,
The Directors o f the Bank of England, although they
made no change in their rate of discount this week, inti
mated to the bill brokers that they were no longer willing
to lend at 3#, and on Thursday began to charge
It isgenerally understood that, in the opinion of the Directors,
gold shipments to New York are likely to begin soon, and
therefore that it is essential to take measures without delay
to protect the reserve. The reserve is small considering all
the obligations of the Bank of England. Yet the Directors
are not so convinced that gold shipments will take place as
to have felt it obligatory on them to put up their rate of
discount. They have just taken a provisional half measure
which they hope may be sufficient. Besides the danger of
large gold shipments to New York, the Directors have always
to bear in mind that money continues still both scarce and
dear in Germany. The discount rate in the open market in
Germany is fully i i . Although it is hardly likely that the
Imperial Bank will be compelled to raise its rate before
July, it is not quite impossible.
Much depends upon the action of the American banks
which have been lending largely in Germany, and even
more depends upon the action of the French banks. They
have invested very large sums in Germany, and if they were
to begin to withdraw upon an extensive scale it is quite
possible that there might be serious stringency in Ger
many. On the other hand, although just for the moment
money is comparatively dear in France, it is not likely to
remain at the present rate. Last week the Credit Lyonnais
bought from the Russian Government and offered to its own
customers three millions sterling worth of Russian Internal
4% bonds. It is understood that the bonds have now been
placed and the Russian Government is employing the money,
or, at all events, part of it, in buying gold in London, which
is being remitted to St. Petersburg. That is, of course, a
small operation. But it does actually remove about three
millions sterling from Paris to London, and about threequarters of a million sterling has been paid to London for
three or four blocks o f South African mining shares.
Altogether not far short of four millions stetling is thus
passing at present from Paris to London. And as the usual
spring demand in France is in operation, this for the time
being tends to harden the market. But it is not likely that
the hardening will continue. In Russia itself there is re
quired a great deal of money, both to fight the famine and
to complete the various enterprises undertaken by the Gov
ernment, as well as for, the army and the navy. But Russia
for the time being is not in a position to borrow on a large
scale either upon the Continent or in London, and no very
large amounts of gold, therefore, are likely to go thence from
this country.
In tiuth the immediate course of the money market de
pends mainly upon the course of events in the United States.
If money were to become so dear there that gold were
withdrawn from Germany, not only would there be gold
shipments to New York, tu t Germany might have to obtain
money in London at any cost.
Meantime the India Council continues to sell its drafts ex
ceedingly well. It offered for tender on Wednesday 70 lacs,
and the applications amounted to 1,261 lacs. The whole
amount offered was disposed of at rates ranging a trifle over
Is, Id. per rupee for bills and Is. 4 1 32d. per rupee for tele
graphic transfers.
The following return shows the position o f the Bank o f
England, the Bank rate o f discount, the price of console,
&o., compared with the last three years:
1800.
M ir . 16
&
1808.
M ar. 10.
*
1897.
M ar. 17.
£
C ircu lation ....................................... 20,653,840 20,428.470
26,809,170
P u blic d e p o s its .............................. 10,790,781 18,909.868
10.835,291
O ther d e p o s its ............................... 80.824,021 38,v72,550
88 510,872
14.380>83
G o vern m en t s e c u r itie s .............. 18,800.274 14,163,120
Other se c u r itie s ............................. 34 913.674 86,810.210
28,901.576
R eserve o f n o te s and c o i n ........ 23,284,203 28.717,>89
30.681,375
C o m * b u llio n ,b o t h d ep a rtm ’ ts 88,088.133 33.340.509
89,080.545
P ro p .r e s e rv e t o lia b ilitie s .p .c t.
43%
42%
55
Bank ra te ...................... p e r c e n t .
3
3
3
110%
11111-16
111%
Consols, 2% p e r c e n t .................
Silver;...............................................
27%d.
2o% d.
28 0 -lo a .
CleartEK-House r e t u r n s ____ 205,210,o00 174 877.000 14S.937.ui o
1806.
M ar. 18.
t
26,018,016
19,176,393
40,115,328
16,1 7,828
2 7 000,005
40,890,>29
49,114,014
62%
2
109%
S l% d .
165.1, n.000
Messrs. Pixley & Abell write as follows unatr date of
March 16 :
Gold—The Bank lias received £ 8 ,000 from A ustralia and £1 10,0 00
has heen w ithdrawn fo r Buenos A yres. There Is still a good demand
for har gold fo r Germany. Shipm ents: M arch 9, Bombay, £ 6 0 ,0 0 0 ;
March 15, B om bay, £ 2 5 ,0 0 0 ; March 15, Calcutta, £ 2 ,5 0 0 ; total,
£87,500. A rriv a ls: South A frica, £ 3 4 2 ,0 0 0 ; Australia, £ 3 6 ,0 0 0 ;
India, £5 6,0 0 ; West rndies, £ 6 5 ,0 0 0 ; total, £499,000.
Silver—The m arket has been firm all the w eek at 27 %d., aud there
are no sellers ex cep t at higher rates. Indian price Rs. 7 0 !-.. Ship
m ents: Maroh 9, Bom bay, £ 1 2 0 ,0 0 0 ; M arch 15, Bom bay, £ 1 5 0 ,0 0 0 ;
total, $270,000.
A rriv a ls: New Y ork, £ 1 9 0 ,0 0 0 ; W est Indies,
£ 3 5 ,0 0 0 ; total, £225,000.
M exican Dollars—These coin continue nom inally at 27140. Ship
m en ts: M arch 9, China, £ 2 ,1 0 0 ; M arch 9, Straits, £ 2 0 ,0 0 0 ; total,
£22,400.
The quotations for bullion are reported as follow s:
Gold.
London Standard.
Bar gold, fine___oz.
0 .S . gold ooin...oz.
Germ’ n gold ootn.oz.
French gold ooin.oz.
Japanese yen__ oz.
March March
16.
a.
77
76
76
76
76
d
I.
9% T9
5 76
6 76
0 70
4% 76
9.
Silver .
Mar.
9.
London Standard
d.
d.
d.
9% Bar silver, flue.. .oi 27% 277i„
5
Bar silver, oontalnV
6
do 5 grs. gold.oz 281i« 28
6
do 4 grs. gold. 02 2713!, 27%
4%
do 3 grs. gold.oz 2708 27»i«
Cake silver_____ 02 29% 29914
Mexican dollars.o. 27% 27%.
THE CHE0N1CLE.
APRIL 1, 1899, j
The following shows the imports of cereal produce into
the United Kingdom during the firet twenty-eight weeks of
the new season compared with previous seasons:
IMPORTS.
1898-9
Importsofwheat,ewt.31,91l,350
Bariev......................... 16,571,800
Oats
....................... 8,425,470
Peas.
1,377,100
B sacs'........................ 1,204,460
Indianoorc................ 28,357,360
Ploar........................... 12,825,530
1897-8
33,212,610
12,556,194
8,346,380
1,575,300
1,057,440
26,025,160
11,985,580
1896-7.
37,785,230
15,030,720
10,030,600
2,014.310
1,805,510
33,690,930
12,711,380
1895-8
35,593,360
14,979,010
7,398,070
1,639,520
2,057,742
25,711,700
11,894,260
Supplies available for consumption (exolusive of stooks on
September 1):
1898-9
1897-8
1896-7.
1895-6.
Wheat Imported, owt.31,911,350 33,212,610 37,735,230 35.593,380
Imports of floor........ 12,825,530 11,935,580 12,711,380 11,394,260
■ales of home-grown. 19,194,026 16,165,910 15,049,250
9,050,165
601
The following table shows the exports and imports of
specie at the port of N ew York for the week ending M ch. 35
and since January 1, 1899, and for the corresponding periods
in 1898 and 1897.
B rP O S T S AND IM POSTS OF SPSOIE AT NEW Y O K E .
Export*.
Gold*
Imports.
SinceJan.l.
Week.
Great Britain.........
West Indies.............
Mexico.....................
South Amerloa,......
All other countries.
Total 1899........
Total 1898........
Total 1897........
$2,261,819
3,700
95,075
99,904
$161,725 *2,463,498
168.626
3,708,755
6,800
1,042,021
$385,531 $4,477,718
8,079,548 23,978,764
46,671
1,034,940
$159,725
1,000
1,000
South A m erica........
All other countries.
$819,900 $11,342,350
138,500
397,442
800
4,887
368.584
9,600
‘ 9,512
22,847!
2,185|
B s i i l s h F in an cial 1 t r l c f t « -p « r Gable.
The daily closing quotations for securities, etc., at London
■re reported by cable as follows for the week ending March 81.
Total 1899........
Total 1898........
Total 1897........
$972,799 $12,143,908'
778.762
9,-91,233;
911,640 10,741,108
Bat.
London
Pennsylvania------ - . .
•Phlia. * Read_______
'Ph'ia.A8ea4,1st pref.
•Fhtla.4 Read., 2d pref.
Boath'n Railway, com..
Preferred,.......... .
Union Paciflc...... .
New preferred....
Wabash, preferred.,
* Price per share.
Mon.
I-uei.
Wed.
277,*
n o t*,. 1101*1- 110\
110%
1U>15« i t o v
UO7*
UK 2i UI2-30 102 20 02 23**
S3Ut. 59%
50%
58%
23%
23
22 Tm
23 *6
85
$3h
6'.%
65*4
88%
89%
89%
53
53%
MV
29%
29
29
123% 134^ 131
132%
23\
251*
25
24%
77%
79%
78
78%
U-%
U%
14%
14%
40%
10%
40%
40 Lj
119
119% 119%
ll* %
07^
08%
03
14
U
U 1^
14%
142% 143‘4 143% U4%
28%
29%
29%
29%
68%
67%
03%
09%
53
54 **
54 *4
53%
81%
82%
S1%
81%
68
08 *0
69*8
09%
12%
12%
12%
12 %
34 -m
35
34%
34%
19%
19%
10*tJ
19
13%
13%
13**
19%
»2%
33%
53 H
3 ::%
48
49
48*i
49H
34*9
83%
*3
24
24
23
24
n^t
TKurt.
m .
2Tl,e
u o '.i,,
1101*1,
02 21%
80%
22%
63%
.89%
35%
28 a
131%
21
78%
14%
39%
120%
07%
14%
145%
29%
08%
54%
81%
69
12%
34%
18%
13%
53%
49 U
83%
24
0
0
0
0
M
e*
® 0 (u t a ,c v c t a la u t l r M l s c c U a u e o u s I l c i u s
N ational B v:yK3 .—The following Information regarding
aafckmal banka is from the Tream rr Departments
LIQUIDATION.
S.-B J.—The Olti2ea.§* NettonAl Dank of Now Bedford, M t-Maohueotte
ba* gone into roiqntvry liquidation. by resolution of its
•Cockuolder* dttAd F«joni»ry Hi, 1493. to take effect Irame
dkteljr.
3.03,).—T&« Simp» >n Nation si B v ik o f Eutle P«m *. T ox *«, h** g on e
into roliintAry liquidation. by resolution o f it* stockholders,
datad March 1. JM90, to U k e effect March 4* 1899.
Imports and Ex p o r t s for tu b W bbk , — T he following aie
th e Imports at New York for the week ending for dry goods
M ir 23 and for the week ending for general merchandise
Mar. 31; also totals sin :e the beginning of the first week
in January,
FORRION IMPOSTS it Mew roax.
For week.
1399.
Dry Goods . . .
Oea’I mePdlse
*2,624 131
8,704,203
1898
*2.901,837
8,232,0 jl
1897.
*2,271,340
5,978,722
1896
*2,370,121
8,881,354
Total.......
*11,323,398! *11,193,933
*8,250,002
*9,157.475
$29,280,423! *29,<112,184 *29,804,038 *37,835,271
GonT meT'dlsc
91,085,153' 80,303,904
82,555,011
81,802,332
Total 12 weeks *123,923,537 *109,376,088! *112,659,079]*119,837,603
The imports of dry goods for one week later will be found
in onr report of the dry goods trade.
The following is a statement of the exporta (exclusive of
■peci,) from the port of New York to foreign porta for the
w i t * ending Mch. 27 and from January 1 to date:
FROM I l k
1399.
1897.
Week.
1890.
For the week., 410,109,819 *10,045,391
*8,876.339! *7,839,927
Prev. reported 105,303,420 101,958,291
85,173,170 84.30S.377
Total 12 wpeka *115,418,23*1*115,003,032 *94,049,559 *92.148,304
Since Jan. 1
$40,765
$28,051
7,005
2,250
146,017
310,496
181.381
10,141
$37,306,
88,980
16,0721
$718,800
651,837
488,479
S e n Y o rk -C ity C learing House Hanks.—-Statement o
condition for the week ending March 25, based on averages
of iaily results. W e o m it tw o (tinkers fOO) in all cases.
ayitai Durpl’i
Loans.
specie.
Legals. Deport (it
l u t d N i v T o r k . $2,000,0 f 1.870,5 $14 ,850 ,0 $ 2 ,9 4 0 ,0
$790^0
2.050.0 2.050.0 10.600,0 3.437.0
d fco h k n a n C o - ...# 1.918.0
2, 000,0 1.035.4 16,488 9 4,102,6
H erchAnt*'
1.176,5
3.000.
0
2.017.1 12.349.0 2.387.0
4 e c h * n ic a ‘ -----------765.0
1.600.0 1,600,0 26.741.9 7.808.3
Vm e r i c * ----- . . . ----2.241.1
4.762.0
1.000.0
898.0
226.3
•■h*n i x ........... .
„ 313,0
4.472.5 80.31*3,4 29.664.4
n t y -------1
3.927.0
300.0 6.464.0 37.640.0 8.940.1
HwrtoH
•••1.405,4
168,9
600.0
£orchjuBS«’ Kxcb*R«
5.952.3 1.324.1 j
390.5
1.722.8
8.374.3 1 ,311,7'
la llx U n ............. ..—
699.0
112.2 1.080.5
300.0
243.6|
in to ile r s 'A D r o r ’ r*
137.2
400.0
1.663.0
wshAtdoe’ A T r a d 's
230.0
169.6
128.0
164.4
300,0!
998,4
102,81
♦re e n w le h . . . . . . . . ...
157.8
600.01 477.8 4.664.6
weather M i b u m t i
971.7!
341.8
300.0
130.7
506.3
T e n t h ..................
160.3
496.9
1.300.0!
730,3;
4 .1 0 5 .8
U M c r t & v m Y o rk .
329.4
2.605.9
v o e fte m a JCxchAc*i | 5.000.
17.092.0 2.967.01
0!
3.880.0
3.650.1
jo m m eroe
37.966.0 2.904.3
5.000.
0
3.056.1
1,612,0
&rood w a r ...........
7.481.5 1.706.8
192.4
1,024.4 1
3.288.9
n r o a a t u e . . . ..
083.7
2.871.6
433,71 472.8
687.4
pACtlle . — ........ ..
439.8
844.1 21.045.9 5.810.5
1.500.0
% e p q b ilc .................
694.1
808.7
JhattuMB......... — | 450,0! 980.6 7.244.8 1.130,0!
263.7
2.086.0
343,31
400.4
F v o p lt 'i.* -* ........... .. 1 300,0!
700,0j 571.1 15.274.5 2.977.01 „ 980,4
Sforth A B W r iC i.....
LOQO.Q 1,295.3 40.285.1 13,301,2 2-015.2
g * D o r e r ...« .« « ..
860.6
5 9 5 .0 1
3.899.0
500.0
ir r t A f
579.0
376.5
749.0
2.091.0
‘ l a w n i*
—
84,0)
Mfij
570.1
257.5
2.670.5
500.0
tkM SQ .......................
258.1
0,816.6 1.619.3
953.7
M arket A F u lton *.
715.7
900.0
930.5
u p
S h o e A L e a th e r—
3.839.0
224.0
1.307.6 12.438.3 2.208.9
atom E x o h n n f e .. ..
1.105.0
677.6
6.775.0 1.004.0
□an t ln e o U L .. . . . . . .
1. 000.
0
414.6
105.0
2.083.0
408.6
o r ie n ta l. . . . . . . . . . . .
294 .0
300.0
Cmca r te rs ’ A Tr*d*r» 1.500.0 5.805.9 35.081.0 0,743.0
974.0
49.787.0 10,600,0
3.193.9
0
^ r k ............................. 1.000.
2.371.0
277.2
1.401.0
146.0
350.0
H ir e r ............
90.5
f o u r t h .........:
1,000.0 1.045.2 24.788.6 4.698.7
2.277.1
464.7 13.069.0 3.272.0
957.0
1,000,0
Jesinfe ............ .........
1.502.0
7.835.0
713.8
te o o n d . . . . . . . . . . . . . . i
037.0
300.0
587.8
2.035.2
253,6
750.0
247.0
'f l n t h . . . . . . . . . . . . .
600.0 7,650,8 88.810.5 8.502.1
' i r t t ----------------------757.4
299.0
1.975.7
68.4
300.0
Y . N a f l E x o h '* e
327.1
2.947.0
503.0
618.2
350.0
343.0
3.828.4
094.1
446.5
347 .0
Jew % rk*O on n ^ rI
300.0
3.103.7
283.6
509.8
750.0
German A m e r ic a n .
285.5
1.263.41 37.550.5 7.270.5
4.991.1
Than*...*_____ . . . . . .
1.170.3 8.602.0 2.101.7
n t t h A v e n u e ..........
435.1
368.4
2.084.6
571.8
l«rrm aa K x o b a c g e .
300.0
770.3
009.4
739.0
3.278.6
v^rtnaniA............. .
624.1
300.0
773.9
9.170.5 2.516.5
J o c o i n .................... .
152.9
300.0
869.2
6.439.7 1.292.3
300.0
508.3
ia r d o ld . . . . . . . . . . . .
407.2
2.055.4
325.7
300.0
139.0
ntv ................. —
843.7
5.808.0 1.405.1
737.4
300.0
Sank o f th e M e tro p
2.489.0
364.1
415 .0
300.0
330.0
W e e t B ld e -...^ .™
1,253,0
07.0
500.01 413.2 12,083,0 2.4
te a h o a r d .... . . . . . . . .
948.2 32.824.4 8,878.9
W e ste rn ............ 1,497,9
6.308.0
046.4
747.0
300.0
R r«< N at, B 'k l y u ..
824 .8
377,7
* at. U n io n B a n k ... 1,200,0 1.084.1 15.239.7 4.217.0
4.308.2 1.024.1
353.0
500.0
185,51
l i b e r t y . * ..................
3 931.4
705.2
184.1
831.9
*. Y . P rod. K x o h > «
250 .0
3.731.5
328.4
838.5
250.5
tv nf N . A m aterdan
144.0
350.0
708,0;
3.464.0
375,0
A a t o r ...........................
1.000,0
1,000.0
1.000.01
L,000,O'
1,000,0
1,000.0
1.000,0
2.100.0
ftttAl
. . . _____ *>8,822,7176,872,1 779,481,8 1902625
$ 14 ,900 ,0
21,820.0
20.392.4
12.487.0
33.133,2
4.723.0
110.457.6
81.490.1
0,926,4
7.095.7
1.297.5
1.719.0
910,4
4.837.2
2.800.1
3.710.2
22.732.0
22.713,7
7.284.7
14.627.1
3.543.0
24.970.2
7,0*>1,O
2.830.1
17.738.4
54.345.0
4.255.0
3.013.0
3.830.5
7.832.8
4.434.9
13.336.0
8.044,8
2.040.0
27.851.0
64.453.0
1.409.2
27.140.2
16.786.0
8.445.0
3.180.0
39.001.6
2.182.2
3.672.0
3.200.0
47.491.0
9.967.0
3.185.6
4.900.4
10.006.2
7.761.2
2 .2
50,3
7.381.4
3.8 7 0 .0
14.921.0
40,175,3
5.070.0
10,001.8
5.056.1
3.474.8
4.262.8
4,000.0
58,857,0 9 02 ,250 ,7
New York City, Boston and P h iladelph ia Banks.— Below
We furnish a summary of the weekly returns of the ClearingSouse Banks of New York City, Boston and Philadelphia.
The New York figures do not inolude results for the nonmember banks,
'tipitaie
Ia x k s .
lu rpi tu .
W, Y .
D#*o*Ui.t UinTn. OUann, #*
9m *U.
1984071
1962001
1900593
10J2025
914,810.3
900,055,2
898 .851 .7
903.250.7
M ar. 11.. 58. 587,^ 195.950.0 18.230.0
*' 18., 98, 587,3 ’ 95,085,0 19.059.0
25..; 48. 587,2 194,845.0 19.151.0
8,974,0 231.830.0
6.704.0 283.241.0
6,822.0 234 .818 .0
M a r.
C . 133 0 0 0 .7 7 8 0 .6 0 7 ,7
777,545,7
18.. 133, 000.7; 773.051,R
35. 134, 0 9 1,h 779,481,8
•* 11? 133, 800,7
“
r
»««.*
YO RE FO R T B S W R R K .
1398.
M e x i c o .........................
Im ports.
iSince Jan.l.
1.000,0
Since Jan.l.
Dry Good#___
ex PORTS
Week.
B ank s.
•
S xporlt.
Silvcr.
Croat Britain..........
France.......- ............
Germany.................
West Indies.............
Since Jan. 1.
*159,266 *2,953,145
212,300
685,854
534,106
5,666
51,502
62,355
7,099
181,146
1,200
9,610
Total....................63^931,406 61,361,100 65,545,860 56,546,785
1898-9
1897-8.
1896-7.
1895-6
aver.prloe wheat,weak.25s. lOd.
35s. lOd.
27s. 114
25s. 5 4
Average price, season..26s. 104.
33s. 114
29s. 3 4
25s. 14.
The following shows the quantities of wheat, flour and
maize afloat to tfle United K ingdom :
n u te e e k .
Last week. 1898.
1897.
Wheat ........... qr*.... 2,585,000
2.280,000 2,881.000
1,795,000
F oar, equal to qrs,...
505,000
390,000
119,000
235,000
Maize
.......qrs.... 705,000
585,000
590,000
770,000
Silver, per ounce....... d.
Consols., new, 2% p.ets.
For acboont____ . . . . .
FFct rentes (In ParSsifr,
Spanish i s . . . . ...............
Arch, Top. A Santa Fe..
Preferred....... ............
Canadian Paclfle....... .
Central Pacific.. . . . . . . .
Chesapeake A Ohio___
Ohio. Mil. A St Paul....
Den- A Rio Or, com. .
Do
do Preferred..
Krle, com m on...........
1st preferred.... ........
IIPnois Central.............
l#>«Uvllle A Nashville.
Mo. Kan. A Tex., com
N. Y CVmtn A Hudson.
K. V. Ontario A West n
Borfolk A West’ n pref
Hortham Pact lie, com..
Preferred.................
Week.
M ar. l i .
** 19.
56. 388,01131,465.0
36 388,0:131.318,0
M 25. ! 16, 388tC 133,620,0
47.433.0
48.084.0
47.3 1 2 .0
154.429.0
165.154.0
165 .202 .0
14,405,2
14,408,5
13,880,9
13,820,8
9
13020908
12018794
12463228
12479371
5.108.0 127,579,0
5.098.0 127,461,3
5.057.0 128,909,5
8.049.0
0.037,0
0,019,0
93.903,5
90,302,9
88,690,1
* %Ye <y>mit tieo cipher« in all these Mures.
♦ Inlttdltuf fo r B o sto n and PhUadel^hLa th e Item " d u e t o o th e r b a n k s ."
THE CHRONICLE.
602
Bepurta of Non-Member Banks.—The following is the
tatement of condition of the non-member banks for the
week ending March 25, based on averages of the daily results
We omit two ciphers (0 0 ) in all cases.
Capi
taL
BA N U B .
(00* om itted .)
new
Y o r k Cit y
C o lo n ia l..........
C o lu m b ia ................
Jtlevonth W a r d ...
F o u rte e n th S treet
F ra n k lin N ation a l
G a n s e v o o r t ...........
H a m ilto n ........
ide A L ea th . Nat
o m e .......................
M o u n t M o r r is —
M u tu a l....................
N in eteen th W a rd
F la a a ........ ...............
R iv e r s id e ................
S ta te.........................
T w e lfth W a r d . .. .
T w e n ty -th ir d W ’ d
U nion S q u a re........
Y o r k v l l l e ................
S
D eposit, w ith
N et
Leal.
Loans A
DeInvest Specie. A B ’k Clear’o Other
Aqent.
Bks.Ac posits.
Notes.
m ents.
S ur
plus.
943.2
100.0
fl5,l
300.0 184,6 2.135.0
! 100,0 119,1 1,290,5
813.0
100.0
51,5
170.0
040.2
200.0
15,1
200.0
93,2 1.238.2
500.0 212.7 2,272,7
535.3
100.0
83.3
250.0
99,5 1,419,4
924,9
200.0 111,8
702.3
100.0
25,3
100.0 114,7 1.851.0
840.0
100.0 i 103,1
1100,0 93,0 1.910.0
200.0 115,6 1.127.2
828.1
100.0 48,5
200.0 298,5 2.289.1
100.0 128,5 1.424.3
!200!0
1,2
B rooklyn.
150.0 113.9 1.143.8
100.0 118.9 1,390,4
300.0 167.0 1.077.0
285.7
100.0 , 35,5
546.0
53,0
100,0
918.2
.. . . . . . ..... 200,0 ! 186,8
060.8
58,0
150.0
K in g s C ou n ty.......
2,339,3
M a r u fa c t ’rs’ Nat* 252.0 412.0
401.9 2,344,2
M e c h a n ic s .............. 600.0
192.0
965.7
K eefe's’ & T rad r’ p 100,0 557,5 3.870.0
N assau N a tion a l. 300.0 544.4 2.368.0
300.0
N ation a l C ity ........
744.0
100.0 119.5
N o rth B ide............
879.7
108.0
P e o p le ’ s .................. 100,0 128,8 1.847,7
100,0
Q ueens Co. (L .I.C .
599.5
55.3
100,0
B cherm erh orn —
440,4
Seven teen th W a n 100,0 88,9 1.168.9
206,7
200,0
S ora gu e Nations*!.
376.6
54.4
100,0
T w e n ty -s ix th W ’ d
270.2
50.4
U n ion ....................... 100,0
618.0
36,7
100,0
W a lla b o u t..............
B e d fo r d ..................
B r o a d w a y ..............
B r o o k ly n ...............
E ig h th W a r d ........
F ifth A v e n u e ........
Ot h e r Cit ie s .
727.7
520.2
369.8
197.3
425,0
82.4
45,9
73.4
100.0
400.0
250.0
250.0
200.0
110,0
125.0
25,0
l * t N at., J e r . City
H u d . Co. N at. J . C
I d N at., J e r . C ity .
I d N a t., J e r . C ity.
1st N at., H ob ok en
I d N at., H o b o k e i
B a n k o f Staten Isl
1st N a t .,8 t a t e n la l
4.187.4
2.151.0
1,506,2
1.011.4
1.594.1
793.4
405.4
011,0
9
03.2
72.0
19.4
80,0
48.8
20.3
$
$ ,
131,1
172.0
29,0
00,0 2 0 0 .0
2
23.0
42.3
184,9
07.8
64.3
14.6
17.7
05.5
6,5
02.0
20.6
27,1
77.3
111,0
102,0
13.3
34,8
81.1
201,8
43,2
98.0
144,9
94.4
83.5
41.0
31.0
97.1
77.5
216,8
78,7
210.4
00,0
68,8
149.0
157.3
39,5
121,8
188,8
124.5
120.0
03.0
99.0
118.3
07,4
328.4
159,3
120.3
112,7
214,6
41.0
50.0
217.4
70.1
550.2
102.1 171.3
90.2
42.9
238.0 509.0
323.0 424.0
61.1
57.4
12,1
50,9
28.8
30.0
47,3
59.7 200 .4
27.4 153.5
23.7
75,4
31.7
9.5
113,2
10,0 200.0
11.8
10.4 123,2
8.5
33.3
17,0
65.4
40.2
12,6
25.6
35.1
71.3
10.4
25.4
07.1
38.7
237,7
118,9
62.1
185.0
128.0
195.0
85,9
05.4
31.1
110.1
40,8
15.4
17,0
90.0
115.1
30.9
21.0
24,5
40.2
28,0
300.1
77,1
29,3
308,3
207,1
200,0
138.0
191.8
107.8
58,3
$
1,024,8
2.087.0
1.573.2
1.001.3
70,7
047.0
1.370.6
1.771.0
591.0
1.943.7
1.189.2
1.124.0
1.838.0
838 .0
2.118.0
1.579.3
1,070,2
2,750,0
1, 000,8
100.0 1.299.5
68,2
55,0
29,7
01,4
01,0
243,0
14,8
91,7
5 4,'3
13,0
9
35,3
151,4
559,2
150,0
317,9
143,1
101,3
67,4
20.2
78,3
28,3 127,5
1.480.3
1,181,2
311.5
524.9
933.9
023,8
2,927,9
2.527.0
1.004.3
4.058.0
3.021.0
081,0
809.3
2.042.6
649.5
454.0
1.030.0
437.1
217.3
655.4
5,303,5
1,951,7
1.408.0
202.3 1.195.3
273.4 1.502.0
293,0 1.007.4
527.6
7
624.6
0 2 0 ,1
108,8
280,7
53.7
49,6
80.8
21,7
30.1
T otals M ch . 25 . 8, 263,1 6,06s , r 60, 427,7 2 , 806.6 3, 817,0 7.7*6*? 3,Q433 t>t>,8, 7,7
T o ta ls M ch. 18. 9,cd3,i 8, 780,8 66,Q23,7 3,6283 4 .250.4 8,9623 4,425,2 15,r n ,7
T ota ls M th . 11. ?,l62, l &,?80,8 66,600^ 3 , 647** 4.271.5 8,892,6 4,425,4 74,9” ,5
633.—The
statements below are prepared by us from the figures col
lected by the New York Produoe Exohange. The receipts at
Western lake and river ports for the week ending Mar. 25, anc
since Aug, 1. for each of the last three years, have been:
B r e a d s tu ff* F ig u r e s
R eceipts a t C h ica g o .......
M ilw aukee
D u lu t h .........
M in n eap olis.
T o le d o ...........
D e t r o i t .........
C le v e la n d ..
St. L o u is . . . .
P e o r i a .........
K ansas City
T o t.w k .’ 99.
Sam e w k.’98
Sam e w k.’ 97
B iic e A uq. 1
1898-99.........
1897-98.........
1890-97..........
Flour.
B rough t
W heat.
F rom
C om .
Page
Oats.
Barley.
Vt
Bbls.lQQlbs Bush.60 lbs. Bush.bQlbs Bush.S2lbs BushAQlbs B u . 50 V
69,302
270,860
983,100
1,135,009
183,090
20,990
20,400
120 700
82,200
93,000
23,900
79,800
e.eoo
931,707
104,224
9,280
10,751
8,535
1,227,760
88,120
3.C87
128,200
20,625
40,050
260,276
06.000
42,000
39.000
30,184
81,817
3200
8,152
1,763
30,181
31,340
112,115
133,440
162,805
34,120
70.077
182,470
750
13,3C0
8,100
7,400
173,550
13,500
98,850
149,000
148,000
27,000
194,094
813,586
122,842
2,803,968
2,921,997
1,784,121
2,252,766
3,391,597
2,078.237
1,964,090
2,375,089
1,757,675
833,143
607,981
418,132
113,488
140,599
65,748
10,192,805 219,087,530 157,193,229 119.345,975 31,928,404 8.759,374
7,598,823 179,401,773 170,450,00' 131,259,050 30,775,359 8.7C8.S48
7,889,031 127,992.599 114,000,275 123,612 429 33,351.767 5,800,299
The reoeipts of flour and grain at the seaboard ports for tl e
week ended Mar, 25, 1899, follow :
R eceipts a t—
N ew Y o r k .................
B o s t o n ......................
M o n t r e a l.................
P h ila d e lp h ia ...........
B a lt im o r e ................
R ichm ond..............
New O rleans*.........
ew p ort N ew s.......
o r f o l k .....................
S
Flour,
bbls.
120,941
38,080
3,407
02.425
80,729
8,245
19.220
51,982
G a lveston ..............
83.173
P ortlan d, M e............
2.782
P en sa cola . . . . . ..
3,704
M o b ile .......................
8t. Joh n , N. B ......... _____7,789
W heat,
Corn,
bush.
bush.
380,600
588,900
899,707
389,371
710
i ,0 0 0
18,9(4
397.073
41,018 1,085,380
15,258
14,374
887,930
620.074
102, >-57
24.0C0
277,943
i 06,000
31,000
182,739
110,820
40,000
00.217
44,085
38.774
Oats,
bush.
786,000
44*.065
36,000
94,035
97,140
7,640
85,770
B a rley,
bush.
20,475
5,220
600
0,000
8,000
85,123
R ye,
bush.
21,000
17,9
9,988
W heat,
Corn
bush.
k— hush.
718,301 023,999
290.790 418.093
110,820
Portland, M e. 182,739
115,713
P h iladelphia..
24,000 1.85^,190
582.700
New O rleans.. 308,500
277,943
24,000
102,867
N ewp’ rt N ews
M on treal.........
26,924
G alveston . . . . 697.506
40,000
P e n sa cola —
00,217
M o b ile ........... .
38,774
44,085
B t .J o h n .N .B .
T o ta l w e e k ..2.289 915 3,770 830
Same tim e ’98.1,207,868 4,014,619
B ye..............
1899.
6,252,909
189S.
4,740,342
1890.
2,641,881
18,134,700
49,403,170
23,772,247
1.740.352
3,012,592
3,070,654
10,879,015
9,119.270
1,008,709
315,446
80,308,174
90,123,127
P eas,
bush.
1,387
' 9,988
8,671
51,628
*27,332
Barle y
bush.
.............
51,980
. . . . •••
7.962
2.762
3.764
7,789
9,608
9,381
321 .8’0 287,483
318,099 1,049.373
115,612
211,020
35.327
................
136,078
22,732
------------- C orn.----------W eek
8ince Sept
M ar. 25.
1, 1898.
bush.
bush.
1.892,713 47.808.905
1,852.918 62,083.449
1,600
69,086
15,291
513,709
10.000
187,810
4,348
1 080,179
324,820 11,117,220 2,289,915 91,406,305 3,776,836 101,733198
T a ta l
T o ta T i8 1 8.’. . . ,',Y, 318.099 S.8i:S;54S L207;863 70,726,945 4.614,640 107.097,148
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
Do
21,000
378,6c©
416.00‘ *
147,000
0,000
300,000
299,000
870,666
106,000
110,000
12,120.000
3,499,000
i.o c o
1,243,000
5,610,000
1,474.000
2,031,000
4,000
773,000
2,071,000
719,000
126,000
3,000
389.000
’ iVdco
*3,000
a flo a t...
Do
a flo a t— ..
268,000
D u lu t h .................... .10,165.000
Do
a flo a t......... .
268,000
T o le d o ............. .............
310,000
Do
a flo a t..............................
D etroit...........................
271,000
Do
a f l o a t . . .. .......................
O sw ego*........................
...........
3t L o u is ........................
775.00P
36.000
Do
a flo a t..
C incinnati............
B o sto n ...................
380,666
T o r o n t o ...........
00,000
19.000
M o n tre a l..
P h iladelph ia................
238,000
9.000
Peoria
13.000
In d ian ap olis.. . . . . . . .
747.000
Kansas C ity ................
333.000
B a lt i m o r e .....------- M in n e a p o lis................. 7,924,000
44.000
j n M ississippi R iv e r .
On L a k e s....... ..............
On can al an d r i v e r . ..
B a rley,
bush.
110,00 0
Oats
bush.
770,000
B uflalo......................
.. 4,452.000
R ye.
bush.
49,000
Corn
bush.
1,051,000
9,000
50.000
24.000
W heat
bush.
. . 2,575.000
' 40.666
1,000
110.000
l,009.0nn
49,000
84.000
914.000
*
17.000
451.000
*10,0*66
8 . 00$
10, 0*66
99,000
19,000
6,000
3.000
12,000
102.000
747.000
667.000
224.000
524.000
1.402.000
2.883.000
251.000
9,000
20.000
1,000
' ’54*666
200,000
471, OOC
192.000
34.000
7,000
232.000
2,519.000
20.000
3.000
1.000
20,000
101,000
43,000
48.000
T o ta l M ar. 25,1899.30,067,000
33.397.000 11.323.000
33.400.000
11.074.000
T otal M ar 18 1899 29,992,000
43.402.000 11.636.000
T otal Mar. 20,1898.30,001,000
25.162.000 18.790.000
T o ta l M ar. 27, 1897.39,023,000
16.540.000
8.520.000
T otal M ar. 29,1890 01,048.000
•L a s t w e e k ’ s s t o c k s ; th is w e e k ’ s n o t r e c e iv e d .
1.444.000
1.503.000
3.205.000
8,7(5,000
1.488.000
2.380.00CI
2,646,000'
71,000
1,517,00$
3.105,006
1,195,000
A uction Sales.— Among other securities the follow ing,not
regularly dealt in at the Board, were recently sold at auction
By Messrs. Adrian H. Muller & Son :
B onds.
S ha res.
$11,000 Yieks. & Merid. RR.
75 Jersey C ity Gas L. Co ..2 5 5
1st 6s, 1921 ..........................111*3
20 Corn E x. B an k........... 331-333
$500 A la. & Yieks. cons. 1st
20 Central T rust C o .2,025-2,055
lQ O I
OKl_
62 Hano< er Nat. B an k........... 650
50 A tlantic Trust C o.............. 200
$5,000 B ’klyn "& Br’ ton B’cli
13 M erchants’ Nat. B ank___ 167
RR . cons. 5s, 1946; $3,000
40 Mechanics’ Nat. B an k___ 205
have May, 1897, coupons
12 Pruden’l Ins. Co. o f A m .... 820
on .........................................$55 lot
21 Nat. Bank o f R ep u blic___181 *2 $13,000 tow n o f Bristol,
10 Im p’s & Traders’ Nat. Bk.540^i
Tenn., 6s, certs o f Indebt.,
17 Nat. Park B an k.......... 519-519
1919; J&J; Jan., 1995, cou
12 U. 8. Mtge. & Trust C o .. 451
pons o n ..........................$6,000 lo t
10 Guaranty Trust C o.............600
$11,000 Va. Tenn. & Oar.
55 Central Nat Bank.............. 183
Steel & I. Co. 8s, 1912; J
10 T itle Guar. & Trust C o ___ 330
& D ................... ...........$1,500 lo t
5 Nat. Surety C o....................155
$42,000 B ristol L and Co, 1st
6 J. W. Scott Co., L im ited .. 5
4s, 1900; A&O; Oct., 1893,
147 Met. Nat. Bank o f N. Y.
coupons on ......................$800 lo t
(63% paid in liquida
$25,000 A ppalachian Steel &
tio n )....................................$163 lot I. Co. o f Va, 1st 6s, 1900,
5 Lawyers’ Mtge. Ins. C o ... 126
J&J; July, ’ 91, coups.on.$ 00 lo t
75 B rooklyn Union Elev. RR.
$62,000 certs, o f deposit of
Co. com m on ...................... 30*8
Big Stone Gap Im p 't Co.
10 Brooklyn Union Elev. RR.
lsts, dated Dec. 23, '97-$700 lot
Co. preferred ................... 60
$119,000 Va. Tenn. & Car.
10 Ninth Nat. B an k ................102
Steel & I. Co. 6s, eol. trust,
5 Lawyers’ Surety C o......... .110
1894; J&J; Jan., 1891, cou
10 Lawyers’ T itle Ins. 1 0 ___ 145
pons on. .......................... $600 lo t
10 Home Fire Ins. C o.............220*4 $17,000 Va. Tenn. & Car.
2 N. Y. L aw Institute........75 115
Steel & I. Co. m ort. bond;
10 Colonial Trust C o.............. 500
Dec., 1892, coupons on.$LO0 lot
B y M essrs. R . V . H a r n e t t & Co,
30
10
50
50
S hares.
B onds.
State Trust C o.....................380
Bank o f A m erica............... 404*4
Nat. B ank o f C om m erce..216*3
Pierce,B ’ tl’r& P ’rceM fg .C o. 5
$2,000 consol. 5s o f the
B’kiyn & B r’ton B ’oh RR.;
M ay 1, 1897, coupons
o n . ..................................... $100 l o t
9.381
..b u s h . 27,428,036
..
“
42.237,080
"
13.031,924
,.
*’
1,081/68
.
’
2,034,860
T o ta l g r a i n ....
40,030
40,155
R ye,
bush.
45,625
•W h ea l.---------1
- F l o u r .W eek
Since Sept,
E xp orts f o r
W eek
S ince Sept,
M ar. 25.
1, 1898.
week and sin ce M ar. 25. 1,1898.
bush.
bush.
Sept. 1 t o —
obis.
bbls.
United K in gd o m
232 307 7 .4 a ,360 1,035,707 49.703,212
1,248,412
40,993,815
C o n tin e n t............
27,725
1.721,930
193,390
8. & C. A m e r ic a .
24.449
732,102
.............
W est In d ie s ........
33,941
776,727
.............
B r.N . A m . C o lo ’ s
6,0e3
147,986
............
615,918
Other co u n trie s ..
275
277,049
6,790
SauTviirg and ffltratucial.
Sptencer
Total receipts at ports from Jan. 1 to Mar. 25 compare as
follows for four years:
h eceipts o f —
F lo u r ..........................b b ls.
Oats,
bush.
IK',023
2.108
86,125
Flour,
bbls.
70 343
31.661
33,173
51,868
52,359
11,247
The destination of these exports for the week and since
September 1, 1898, is as below.
T ota l w e e k ......... 433,5*9 1,541,221 3,700,123 1,358.119
35JJ01
60,513
W eek 1898................. 847,894 1,845,242 3,048,788 1,459,4.4
137,266
aou
.v i ,
180.073
•Reoeipts d o n o t in c lu d e grain passing t h r o u g h N ew O rlean s f o r fo r e ig n
Ports on th rou gh b ills o f la d in g .
W h e a t .........
C o r n ..............
O a t s ..............
B a rley...........
[VOL, LXV III.
77,878,707
31,022/359
The exports from the several seaboard ports for the w eik
ending Mar. 25, 1899, are shown in the annexed statement:
Trask
&
C o .,
BANKERS,
2 T & I D
r iN E iT B B E T ,
.
.
.
K E ff I « B K ,
6 5 Stale Street, Albany.
_________ I N V E S T M E N T
S E C U R I T I E S . __________
A l e x a n d e r M . W h it e , 1 %
G kokge B a r c l a y M o ffa t .
Mo
f f a t
& W
BANKERS
N®. 1 N A S S A U S T R E E T ,
-
-
h it e
-
,
NEW
IN V E S T M E N T S E C O R IT J 0 S .
TOE &
A P R IL
THE CHRONICLE.
1, 1899.]
60S
Posted rates o f leading bankers follow:
j a n k e r s '
(S a s e tte .
M a r. 31.
'
P er
C ent.
Same of Company.
R a ilr o a d s (S t e a m .)
Berkshire (quar.)...........................
B o s to n & P ro v id e n ce , g u ar, (q r.)
C lia rticrs............ ...........................
C on e.*M on treal, all classes (qr.)
Cumberland V alley (quar.............
DeL Lack. & West, (qnar.)..........
B el R iver..........................................
E aropean & North A m erican—
Evans. & Terre Haute, p r e l.........
Maine Central (quar.)..................
Northern o f N. H. (q n a r.)............
N orw ich & W orcester, pref. (qr.)
Old Colony (qnar.).........................
Pitts. Ft. W ,t Chic.,spec. gn.(qu )
“
"
rag. guar, (qo.)
Sioux City & Paolfle, p re f............
Verm ont Jc Maas............ .........—
street
S ix ty d a y s.
D em a n ds
D I T 1 D 8 H D 8 .
H a llw a y s .
Boston & Chelsea St. K B .............
Fanhaven Ss W eatvtlle R R .(N ew
Haven. C on n .).............................
Interstate Cons. 3t. Ry., North
A ttleboro, M ass, (quar.)............[
1*3
3%
1?»
April
1
2=9
l=s
2=s
1*3
3*9
2
1%
iat
April 1
A pril 1
A pril 20
April 5
April 15
April 15
April 1
April 1
B ook s closed.
<D a y s in c lu s iv e .)
to
to
to
to
to
A p r. 8 to A pr. 19
to
to
to
---------- to
to
to
to
3*9
3
April
April
April
April
April
1
1
4
1
7
3
A pril
l j ----------- to -----------
lk
Ik
24
lk
l
A pril
1 Mar. 22 to A p r. 2
Newton & Boston 8t R y. (q r.).
N ew tonv.& W at. St. R y.hiu ar.)..
W ellesley & Boston St. B y . (qr.)
B ank*.
Chatham National (quar.)...........
4
« Gallatin N ational..................... . . .
••
(e x tra ),....... .
u
iliA e fcllfim e o cA .
Am er. T obacco, com. A prf. (qr.)
2
Anaconda C opper M in in g .......... $ 1 2 5
Boston Kiec. Lȣht kjaar.)........... $ 1 5 0
Conaolidatctl lee, pr**f. (quar.)...
l 1*
Con*. K.C. Smelt. A R-fg.pt, (qo.)
n
K, 1. Perk. Horseshoe p t. (quar.)
W hen
P ayable.
i
to
to
to
to
April 1 Mar. 26
On dexn. ■
April 1
A pril 1
April 1
A pr!! 1
April
|Aprll
to
to
t o
t o
to
to
A pr. 1
-------------------------------------------------
1 Mar. 25 to Mar. 31
6 Mar. 30 to A pr. 5
1 Apr. IS to May 1
iMay
1May
3 Apr. 22 to May 3
1April 15 Apr. 1 to A pr. 15
April 17 Apr.
April 15
4 to A pr. 17
to
l.,
to
A pril 15
W A L L S T R E E T . F R I D A Y , M A R . 3 1 . 1*499.—3 P . ,71.
The Money Market and Financial Situation.—The secur
ity markets haTe been more bnoyant this week than in any
week since January, and reflect a state of public sentiment
similar to that which then existed. No donbt a larger pro
portion of the transaction* are now o f a speculative charac
ter, but the eager absorption o f many leading railway shares
at rapidly advancing prices shows an increased investment
demand. This is evidently based on a hopeful view of the
general situation, and the consensus of opinion among those
most competent to judge seems to favor soch a view.
Railway net earnings for February show the results of the
heavy snow storms daring that month, bat returns of gross
earnings for March are unmistakable evidence of a large
general traffic movement in nearly all parts of the country.
There are reports of damage to the wheat crop in some parts
o f Kansas, but if such should prove to be true the effect will
be chiefly local. The money market has continued to be a
matter of interest in Stook Exchange circles, but in the
record of the week there is evidence that a comparatively
high rate for call loans is not necessarily a barrier to a
strong, active stock market. Rates for money have been
somewhat unsteady, but have averaged at a point which a
few weeks ago would have been thought too high to admit
o f such buoyancy in the security markets as is noted above.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from %%. 1° I2 !*-‘7 cent, Thursday’s rates on call were 6 to 12
per cent”. Prime commercial paper quoted 31^ to 3 per cent
The Bank o f England weekly statement on Thursday
showed a decrease In bullion of £1,689,235, and the percentage
of reserve to liabilities was 33T0, against 41-40 last week; tne
discount rate remains unchanged at 3 per cent. The Bank
of France shows a decrease o f 8,350,000 francs in gold and
an increase of 1,723,000 francs In silver.
The New York City Clearing-House banks in their state
ment of March 25 showed an increase in the reserve held
of $333,000, and a surplus over the required reserve of
$18,557,435, against 119,074,175 the previous week.
1890.
Mar. 25.
Capital,.......... .
Surplus...............
Loans <fedlso'nts.
Clroulatloo.........
Not deposit*........
Specie..................
Legal tenders....
Reserve held.....
Legal reserve___
THJftren'sfPm
Free. week.
1898.
M ar. 26
|
1897.
Mar. 27.
*
*
*
«
58,222,700
............... ' 59.022,700 59.772,700
75.372.100
— ..........
74,259,100 73.953,800
779,481,800 Inc .5,530,030 600.188,400504,47S.200
13,820,300 Deo
<56,100 13,381.400 15,826.800
902,250,700Tne.3,399,000 035,650,800 571,723,000
190,262,500 Ino. 203,200! 138,289,6001 85,990.900
53,857,600 I n c . 129,800 88,974,500 105,829,800
244,120,100 Ino. 333,000 205,264.10o'l91.326,500
225,562,675 Ino. 849,750 171,412,625 142.930,750
8orpins reserve 13,557,425 D ec
518,750 33.851.475 ! 43.895,750
Foreign Exchange.—The foreign exchange market has
been firm, and rates advanced on a better demand for bills.
The tone was steadier at the close.
To-day’s actual rates of exchange were as follow s: Bankers’
sixty days’ sterling, 4 8 4 ',9 1 8 4 ^ ; demand, 4 86W@4 88V;
cables, 4 87Vi'@4 87>£; prime commercial, sixty days, 4 8ffk@
4 8-4; documentary commercial, sixty days, 4 83jq@4 w jq ;
gTain for payment, 4 83’ j''S4 81; cotton for payment, 4 83a
4 83 k ,; cotton for acceptance, 4 83?k'®4 84.
Prime bankers’ sterling b ills on London. 4 85 -84 85% 4 87 ® 4 87is
4 8 3 3 ,3 4 84
D ocum entary com m ercial.......................... 4 83=4 3 4 84*4
Paris bankers’ (fra n cs)..........................
52 0te® 1 9i6i« 518= s3177I6
40 ie340S ,fi
40 » 4 0 i , 6
Am sterdam (guilders) bankers.................
F rankfort o r B rem en (reienmarks) b'kers 9 4 H ,81S94%
9 5 »i„3 9 5 %
United States Bonds.—Seles of Government bonds a t tne
Board include $202,0004s, coup., i 35, at 129 to 1293-tf; $12,000
4s,coup., 1907, at 113 to 114; $6,000 4s, reg., 1907,' at 112U\
$28,000 8s, coup., at 108 to 108‘q, and $1,000 ditto (small bonds),
at 10747 to 107Jg, For yearly range see seventh page following.
In te rest Mar.
P erio d s. 25.
2 s ,....................... reg. Q. -Moh.
3s, 1 9 1 8 ............ reg. Q - F e b .
3a, 1918.......... coop. Q .- F eb.
a - Feb.
3s, 1918, sm all..o'p. 3 - -F e b .
4a, 1 9 0 7 ............ reg. 0 . - Jan.
4s, 1 9 0 7 .......... eonp. Q .-J a n .
i s , 1 9 2 5 ............ reg. Q .-F e b .
4s, 1925...........eonp. Q .-F e b .
5a, 1 9 0 4 ............ reg. Q .-F e b ,
5 b, 1904...........coup. Q .-F e b .
Mar.
27.
M ar.
M a r.
M ar.
23.
29.
30
M ar.
31.
• 99>s * 99»s * 99is • 998; * 99*s
•1 0 s
‘ 108 •108 *108 nos
108=4
108
l08=s IDS ‘ 108
•107% *1078,
‘ 111*
•1131s •1131s
•129
•129
129 •129
•H 2is •1124s
'1 1 2 3 •IIS's
107Q
112=3
112
*129
*129
*112=9
•112=9
...... ......
•107=s
*112
114
"129
129=9
•112ns
'1124s
*107=s
*112
•U3Ss
*129
•129
-1 12 %
■1124s
b
0
O
0
*1
»
!
'T ills Is th e price bid at the m orning b o a r d ; no sa le was m ade.
State and Railroad Bonds.—Sales of State bonds at the
Board include $95,000 Virginia fund, debt 2-3sof 1991 at 83)7
to 85 and $34,000 Tennessee settlement 3s at 97b£ to 97)£.
The railway bond market was strong on a volume o f busi
ness much jarger than that of last week, although made up
almost wholly of low-grade issues. There were fractional
recessions from the best prices o f the week in some cases,
but the tendency was upward and a few issues made
substantial gains. Manhattan Railway consol, 4s closed at
109)4, 8)4 points above the close last week. Norfolk &
Western con. 4s and Southern Railway 1st 5s are among the
few issues which show a net gain of 2 points or more. The
list of active bonds which advanced a point or more includes
Central Georgia con. 5s, Chesapeake & Ohio gen. l)4s, Kan
sas City Pittsburg & Gulf lsts, St. Louis Southwestern 2ds,
San Antonio & Aransas Pass 4s, Texas & Pacific lsts, Union
Pacific 4s and Wabash debenture series B.
Stock and Bond Sales.—The following shows the volume
of business in stocks and bonds on the New York Stock
Exchange for the past week and sine? January 1.
Haus
H . Y . Block BxeK.
G 'rrem m «n L boad J
BtAt# bon<L»^.........
Week ending M ar. 31,—. -------- J a n . 1 to M a r. 31.— •-*
1899.
$ b 4 v ,0 0 0
120,000
1 0 ,050,200
1898.
$3y0,5OO
40,500
U , 8 1 8 ,5 0 0
1899.
$1 ,4 5 4 ,0 6 0
1 ,1 7 * 1 0 0
810 ,6 5 8 ,1 0 0
1898.
$ 2 ,9 5 1 ,8 0 0
8 98 ,700
2 4 0 ,542 ,81 0
T o t * l . . $10, 437, 200 $ 1 1 ,753 ,30 0
$ 3 x 5 ,2 8 0 ,2 6 0
$34 3 ,1 6 8 ,7 1 0
Stocks— No.
4 ,9 19,310
3,312,154
5.9,100,608
29,842,158
P*r
$ 4 8 3 ,3 9 7 ,4 0 0 $ 3 9 3 ,4 1 3 ,:150 $5,5 9 2 ,6 5 4 ,6 0 0 $2,8 2 0 ,4 5 4 ,8 2 5
8 * a k J turn*, p*r T*i
$ 3 9 ,4 3 0
9,200
$ t 9 9,845
$ 80 ,200
We add the following daily record of the transactions:
W u k e n d in a ----------- Stock*. ----------- - R a ilro a d , dtc. Stale
M are 31,1889. S hares.
F a r va lu e.
B ond*.
R ond*.
BaXardAjr.................$ 5 3 9 ,6 1 6
M ondA y.................. 1,24 4.H35
T o o sd m j..... ......... 1,083.914
W *1 i w 4 a t .......... ,1 ,1 3 6 ,4 6 *
T 2 m r »d A j............... 9 ! 8,657
$ 5 3 ,9 3 9 ,7 5 0
191 ,6 2 7 ,3 5 0
106 .187 ,25 0
112 .331 .45 0
8 9 .911.700
m <U y...........................................
T o La I ........... .4.918,339
$ 2 ,6 9 2 ,5 0 0
4 ,899,000
4,857,500
4 ,1 49,700
2 ,9 7 7 ,5 0 0
$ 2 0 ,0 0 0
53,000
8 9 ,0 0 0
10,000
7,000
U. 8.
Bond*.
$ 1 0 2 ,5 0 0
10,600
27,000
101 ,000
5,000
H O L I D A Y .................................................. .
$ 4 8 3 ,9 9 7 ,4 0 0
$ 1 9 ,0 5 9 ,2 0 0
129,000
$24 9 ,0 0 0
The sales on the Boston and Philadelphia Exchanges were:
L isted
sh are*.
-B o s to n .U nlisted
shares.
B on d
P h lla d e lp h ia .L isted
U nlisted B o n d
sh a res,
s h a r es .
Sat o n la y . . 58,208
$ 52 ,337
29.849
6,904
8,376
M on day ...1 0 3 ,4 3 9
109,400
6 8.149
T u ea tU y... 94.783
10,073
154,989
42,161
184,150
4H.260
6,685
W wJn’ad’y. 112,603
130
56.046
t
lap
la
13,810
.m v
t ,300*
v»«P
.•’
Thura-lay..
108,128
F n d A y ............. ................... ..................... G O O D F R ID A Y .
T o t a l . .. . 478,109
47.830
8 31 ,176
231 .486
26,555
49,519
41.144
46,259
8 3,182
19P.689
947,011
N ote .—T he total o f «&U>4 on the Boatun ExchauKe for the week
fMidiofl’ M >rch 2 1 , om itted U *t week on accoun t o f non-receipt o f our
telMrrani for Friday, w ere a* follow s: Listed shares, 200,673; unlisted
•hrres, 103,223; bond*, 334,204
Railroad and Miscellaneous Stocks.—The stock market
was more active again this week. Transactions averaged
over 1,000,000 shares per day, or nearly 50 per cent more
than last week, and were better distributed than of late.
There was a revival of interest in railway shares, some of
which were exceptionally buoyant. At the highest quota
tions of the week North West, showed an advance of 17 points
since the close last week, New York Central 8)4 points,
Pennsylvania -i'A points, and other issues, including A tchi
son preferred, Burlington & Quinoy, St. Paul, Rock island,
Northern Pacific and Union Pacific, an advance o f between
2 and 3 points, la this respect, however, the city traction
stocks were most prominent, led by Brooklyn R ipid Transit,
which advanced 23)g points; Metropolitan Street, 17 points;
Third Avenue, 17 points; Manhattan Elevated, I'rlf points;
and the advance of this group was well held up to the close.
Generally, however, the extreme high quotations mentioned
were not maintained. The anthracite coal stocks were weak.
The industrial stocks moved in harmony with other de
partments. but were relatively less erratic than usual.
American Tobacco moved up 19)4' points and lost only 3)< of
the gain. The Federal Steel issues were agaia prominent,
the common gaining 14)^ points. Other active features ot
the list were strong except General Electric, which shows a
small net low.
THE
6U4
C H R O N I C L E . — ST° P K
PKICES
(2
pages) Page
[VOL, LXVI11.
New ?ork Stock Exchange—A Daily, Weekly and Yearly Record.
Rangefo r previ
Bales Range fo r year 1899.
o f the On basis o f ioo-sK re lots ous year (1S9B),
Week.
N. Y . S T O C K E X C H . Shares
Lowest. H ig h e s t ,
Lowest.
Highest.
STOOKS—HIGHEST A Y D LOWEST 8 ALB PRICES.
STOCKS.
Friday,
IW ed n esd a y T h u rsd a y,
M arch 29 M arch 30. M a rch
31.
R a ilr o a d S to ck * .
•14
•88*
a t*
03
•♦ 0 *
*57*
•77
•8
113*
•30
•05
•100
85*
00
119
51*
87*
175*
•106
U S*
73
•180
15*
•80
09*
85*
•8*
•43
187*
171
140
•190
HO*
03*
•170
94*
55
58*
97*
•11*
•180
•7
58*
70)1
!0 *
77*
its*
IS
38
34*
81*
73
88*
78*
118*
•30
•85
•100
35
74
22 22V
02% 03*
*
122 183%
*
119*
*
iIS 18 ?
•7
7*
55
50
23% 24
9
9
i ! s ►....... 18
116% 117
117
173 173%
28% 24
28%
75% 70%
75%
18% 2C%
18%
•3%
4
5894
%
10%
14%
39%
21
37%
80
85%
14%
39
•20
30%
$70%
14%
39%
21
86%
76%
•15
18
110% 117
173% 174
•19% 20
•3%
4
•9% 10
14
14
•39
39}
§20
20
80
36}
•77
80
28
29
191
115% 110
110% 110%
100 ......... •1 0 0
11
11%
47
47%
'1 4 %
•14% 15
•100 ....
47
15
10
•4
•15
*35
$19
P
H
11 %
47
15
10
29
191%
7%
55 .
•27
28
190% 190%
•11
% 10% 11%
*4
•4
5
•15
•15
17
•35
60
•35
18% 19
18%
06% 67% 166%
♦200
•800 202% §200 200
79
80
78
79% 80
60
60%
109%
1 0 9 % 1 1 0 % 109% 113
19%
205%
251% 250% 2 5 8 ‘ 203*
6%
0V
6%
8*
6*
•2
2}
•2
2*
5
17
50
19
00% 06%
05% 60%
•52
54
»t* «9 *
86
86
18
19%
•13
14*
3 8 * 39%
4 8 * 43 *
40* 40*
1180
180
138* 137*
• 1 3 * 15
•05
75
34
34
380
53%
•99
•86
53%
99%
87
•53
•99
•85
44
3*87
FO
18*
91
72%
37*
9*
16
90*
09%
38*
19 *
128% 129%
171
171
158% 106
1 1 9 % 12 1%
90
B t*
180
♦170
2 1*
20
52
49
59 * 6 1 *
98* 08*
12*
-9
*
43
•180
7*
6*
5b*
55
23% 24
9
9
518* 18*
110
1 18 *
173 178
2 2 * 23%
75* 76*
21*
20
3*
3*
•9* 1 0 *
13 * 13*
3 8 * 39
20
20
1 3 5 * 35 *
•77
80
*25
20
48
48
80
193
SO
194
53%
100
87
T
•44
§89
48
89
44
C
86%DM
16
16%
90% 90%
70
71%
36* 37*
■8*
9*
447* 4 5 *
127% 128%
171
171
158*161*
§195 195
x l l 8 % l 19%
90* 06*
♦170
177
20% 23
50
53
59% 59%
97
97%
§11
11
•......... 42%
•180 .........
•.........
6*
17*
7*
54% 54%
♦22
23
9*
0*
18
20
115% 110
170
172
23
23
75% 70
20 * 20 *
•3 *
4
•9% 10
im
19*
§38
38
20
20
*36
30*
•77
80
•25
27
*40
48
E
F
•28% 29
193 193
G
I
44
K
L
53
53
52* 52*
•99
•99 100
100
8 6 * 8 6 * ♦85
80
•18
20
1 3 * 14* • is * 1 4 *
3 8 * 40
38* 39*
47* 48*
47M 4 8 *
4 4 * 44*
43
44%
•181
82
1181 182
1 3 9 * 144 * 141% 143
•14
1 5 * •14
15%
§05
65
•05
75
3 1 * 8 4 * •33% 35
>380 .........
•207 ,
207
...
§208% 208%
28%
28% 28%
27% 2 8 *
•70
•70
75
•70
75
19
10
18% 19%
18
• IS * 19%
06
67%
0 0 % 00%
60
00% 8 1 *
52% 54
52% 52%
52* 51*
B 'i*
79% 80%
79% 70%
79* 80*
79*
44
44
1 ........ 4 5
♦40
45
•70
75
•70
75
•70
75
44
90
B
6%
0%
1 1 6 * 1 18 * 110% 118
•100 .........
•100
11* n *
• 1 1 * 12
47
47 * •40% 47
15
•14
15
§15
15
10 *
10
10%
10
•4
5
5
•4
5
16
•15
10
♦15
16
50
•35
50
♦35
50
18%
20
20
18* 18*
06%
8 8 * 72
as* am
202%
♦200 202%
80
79
79*
79
79
65* 05*
05
00
111
109% 111% 110 % 110
20
1 9 * 20 *
21
23%
209
x 2 0 4 207
206
2eo
8
6%
7«
8*
6*
2
3*
2*
•1*
13% 14% •13% 14%
39% 40%
39% 40%
47% 48%
47
48%
43% 45
41
43%
180 181% •180 182
1 3 7 % 1 3 8 % 188 139%
*14
10
15
15
•05
75
•65
75
34
34
33
33
*880 . . . .
880
....
• 2 0 5 " 208
28* 28*
•17*
05%
51*
78*
16
38
88
58* 50*
110 * 1 1 8 * 1 1 9 *
5 1 * S3*
53
38
28
2 7%
1 7 5 * •173*
■198
U 4 * 143« 145*
7 3 « 75
78
133*
1 » * 17%
10
8 9 * 90
90*
6 9 * 78%
09*
3 6 * 37
35*
• 8*
9%
9
•42
45
40
•42
40
128 128% 127% 129}
128
1 7 1 * 171% 171 171
171
149
1 4 9 * 151% 162 164
192 193
•190 193
193
1 19 % 12 1
121
119*
95
98
9 3 * 95
93*
180
170
180 1180
180
25%
24
24*
5 5 * 50%
55
58% 00
58%
58
58*
98
98
97*
•11 * 12 %
43
116*
1 7 3 * 173%
22 *
74*
18*
•3*
*9*
•14
159*
•2 0 *
•38*
•77
25*
11 A p r 15 Feb
14% Jan 3 17% Jan 14
34 Jan
30% Mar 8 40 Jan 14
40% F eb
26,045 18 Jau 7 2 4 % F tb 23
10% A p r l» % D e c
22% M ar 52 % D eo
Do
pref 237,517 50% Jan 7 07 F eb 23
700 00% Jan 5 7 4% Jan 26 * 12% Jan
7 2% D ec
alt.A O .,tr.rec.all ins.pd
0,690 53% Jan 5 60 Feb 24
D o new , w hen Issued
31 O ct
58% D ec
1,075 75% Jan 5 79% Jan 27
D o pref., w hen issued,
08 Oct
79% D eo
200
4% N ov
9% Jan 27
8% F eb 3
Balt. A O . 8 .W . pf., tr. rec.
9 % D eo
B rooklyn R apid T r a n s it .. 759,302 7 7% Jan 3 130% Mar 29
35 Mar 7 8 % D ec
3 0 % M ar 24 35 F eb 4
Buffalo R o ch . A Pittsburg
25 M ar 34 Sep
73 M ar 15 78 Jan 14
02 May 70% Sep
Do
pref
70 100 Jan 17 110 Jan 31 §05 M ar § 8 9 D ec
Burl. Cedar R apids & N o.
2,820 84% M ar 15 9 0 % F eb 24
72 A p r 90% Jan
anadian P a ciflo .............
10,575 54 Jan 5 70 Jan 23
44% M ar 58 D eo
anada S o u t h e r n . . .. .. .
8,725 97 Jan
83% O ct
3 119 % Mar 25
Central o f N ew J e r s e y ..
99 D eo
C en t.P a c., apeyerACo.ctft* 20,949 49% M ar 21 52% M ar 27
13,130 2 4% Jan
" 31% F eb 2
17% M ar
Chesapeake & O h io ...........
20 108 Jan 14 175% Mar 25 §150 M ar 172 D eo
C hicago & A lt o n .................
§192 J a n 3 §199 F eb 10 §100 Mar §177% D ,C
Do
pref
85% M ar 125% D e©
C h icago Burl. & Q u in c y .. 153,215 124% Jan 1 149% F eb 18
2,200 59% Jan • 75 Mar 27
49 A pr 00 J ’n©
C hicago A E ast. I llin o is ...
112% Jan : 125 M ar 2 102 Jan 113% F eb
Do
pref
54,82
°% F e b
20% Jan 23
15 Ja i 2'
C h icago G reat W e s te rn ..
18 A u g
010
8 3% Jan
: 9E % F eb 15
D o 4 p. c. deben tu res
(J’ly 85 D eo
3,772 50% Jan
» Mar 54 Deo
73% F eb 24
Do
5 p .c .p r e f. “ A ” .
5,795 29% Jan 18 37% M ar 28
20 Apr 32 N ov
Do 4 p .c . p ref. “ B ” .
10
7 Feb 11 J ’ly
l l % F e b 14
7% Jan
Chic. Indlanap. A L ou lsv.
300 31 Jan
23 A pr 3 8% J’ ly
48 Mar 7
Do
pref
183% F eb 2G 83% A p r 120% D eo
C h icago Mtlw. A St. P a u l.. 108,451- 120% Jan
1,274 160}* Jan
173% M ar 17 140 A p r 100 % D oo
Do
p re f.
I 00 M ar 29 113% M ar 143 % D eo
C h icago A N orth W estern . 47,804 141% Jan
315 188 Jan 19 194 M ar 20 103 Jan 1 9 1 % N ov
Do
pref
08,229 113 Jan
80 Mar l !4 % D e o
122% Jan 27
C h icago R o c k Is l. A P a c.
7,885 91 Feb
05 Mar 94 D eo
100% Jan 20
Chlo. fc'fc. P . M inn. A O m ..
40 170 Jan 10 170 M ar 21 §148 Jan 170 N o r ,
Do
pref
4% Jan
25% M ar 27
7% Jan
Chic. T erm inal T r a n s fe r .. 14,305
9% M ar
25,130 30% Jan
22% Jan
5 0 % M ar 27
Do
pref
37% Aug
25,496 4 2% Jan
25 Mar 4 7 % A u g
C lev. Cln. Chic. A St. L . ..
02 F eb 2
1,190 95 Jan
77% M ar 97 D eo
!0 2 % J a n 20
Do
pref
250 1 0% M ar 28 10% Jan 20
ll% M a r 19% Jan
C ley. L orain A W heelin g.
43 N ov 53% 8ep
41 Jan 20 44% Jan 5
Do
p re f
170 J ’ ne §174 A u g
184% M ar
184% M ar
C leveland A P lttsb., guar
5 % J’ne
9 Jan
C olorado M id., v o t. tr. ctfs.
7 F eb
9 D oc
14 J ’ ne 20% D eo
22% Jan
10% Jan
Do
pref. v o t. tr. ctfs .
70C
0% N ov
8% Jan
Col. A Sou. (w h en Issued).
8 % D eo
6% M a r 29
3,325 49% Jan " 58% M ar 17
43% N ov 50%De©
Do
1st pref. (w. 1.).
3,100 18% Jan
14% N ov 20 D eo
25 M ar 22
Do
2d p r e f. (w. i . ) .
927 *2% Jan
2% N ov
9% M ar 20
Col. H .V . A T .J .P .M .ctfs.T
8% F eb
735 *7%Jan 27 20 M ar 30
12% D ec 25 F eb
D o pref.J. P . M . c tfs . 7
4,821 106% Jan
93 N ov 114 % F eb
II 7% M ar 23
P velaw are A H u d s o n .. . .
2,745
140
O
ct
174% M ar 23
159 Feb
157 Jan
-L^el. L a ck . A W e s t e r n ..
9,080 18% Jan
10 A p r 2 1 % D ec
24% F e b 4
D en ver A R io G ra n de. ..
8,910 08% Jan 11 70% F eb 2
40 A pr 7 l% D e o
Do
pref
5,010 18 M ar 17 2 3% Jan
8% A p r 2 8 % D e c
3
D es M oin es A Ft. D o d g e ..
100
2% Ang
4% F eb 15
D ul. So. 8 h o re A A t l ........
3 % D ec
3% F eb
500
5 Apr
8% A u g
Do
p re f
7% J a n 30 l l % F e b 16
1,380 13% M ar 30 10% Jan 19
11 A p r 10% F eb
rie......................................
1,890 37% Jan
29% A p r 43% F eb
42 Jan 24
Do
1st pref
439 19 Jan
15% A p r 21% F eb
22% Jan 30
Do
2d p re f.
805 SO M ar 28 41% Jan 3 22 May 41% D eo
E vansv. A T e rre H a u te .
55 70 Jan
7 80 M ar 1 40 Jan 72 % D ee
Do
p re f
100 17 Jan
10 M ar 18% N ot
4 27 M ar 13
lint A P a re M arquette.
30 A u g 49 N ov
100 4 3% Jan
3 48% Jan 12
Do
p re f
5 §1 5 N ov 28 Mar
21 F eb 23 25 J a n
Ft. W . A D e n . C., stam ped
2,260 14 Feb l 30 M ar 28
10 M ay 17% D ec
Ft. W o rth A R io G r a n d e ..
3,395 142% Jan
195 M a r l S t l 2 2 J ’ ly 180 J ’ n©
reat N orthern, p r e f . . , .
40 % J ’n e 5 0 % N ov
01% Jan 31
4 9% Jan
r’nB . A W .,d e b t c f s .“ A ’
5
3 % J ’ly
7% D ec
9 J a n 20
5% Jan
D o d eb t c e r tfs . “ B ”
20,997 1 13% M ar
90 A p r 1 15 % D ec
122 J a n 23
llinois C en tral.................
100 Jan 4 §94 Feb §101 N ov
100 Jan
D o leased line, 4 p. c .
7% M ar 11%De©
600 10% M ar
13 Ja n 10
Io w a Central........... ............
25 A p r 4 2 % D ec
975 4 2% Jan
51% F e b 15
Do
pref
100
5% O ct
8 D ec
7% J a n 13 15 M ar 22
anaw ha A M ic h ig a n ...
15 A p r 2 5 % D e c
11,351
0
7 M ar 15 18 Jan
an. City P itts. A G u lf.
3 Jan
5% J’ n e
5% F eb 1
9
5 Ja n
K eokuk A D es M o in e s ....
15 May 18% J’ n©
15 M ar 2 17% Jan 20
Do
p ref
30 J ’ ne 34 Jan
32 Jan 25 32 Ja n 25
K eokuk A W estern ..........
12 O ct
700 15 Jan 1
23% A u g
22% Jan 27
ake E rie A W e s t e r n ...
53 O ct
7,310 00 Ja n 10 75 Ja n 27
83 A u g
Do
pref
50 190% Jau 5 208 Ja n 24 170% Jan 215 D e c
L ake Sh. A M ich. 8 o u t h ..
59% Aug
4,274 50% Jan
L on g Island....................
5 8 4 % F e b 2 40 Jan
44 A p r 05% D eo
L o u isville A N a s h v ille .. . . 27,710 03 M ar 0 09 Jan 27
90 O ct 120% Jan
4 118% Jan 20
'Alt a n h a tta n E le v .,co n so l 201,820 97 Jan
3,875 19% M ar 28 23% M ar SO
-1YL S u b scription re ce ip ts
71,151 187% Jan 11 209 M ar 28 125% M ar 1 94 % D ec
M etropolitan S tre e t...........
4% J ’n e
7 % D ec
5,900
8% M ar 30
0 Jan 7
M exican Central..................
% D eo
l% M a y
8% M ar 30
1 Jan 0
M exica n N at’ l tr. r e c t s ... 13,105
99% M ar 118 D e c
112 Jan 13 110 Jan 24
M ichigan C en tral.........
24 M ar 3 8 % D e c
54% F e b 23
500 35% Jan
M inneapolis A St. L o u is ...
84 M ay 100 D ec
99% M ar 25
250 97% Jan
Do
1st pref.
40 M ar 7 8 % D e c
310 73% Jan
90 F eb 23
Do
2d pref.
0% M ar
7 M ar
383
8% J a n 24 19% M ar 8
M inn. St. P. A S. 8. M arie.
10 A p r 14% Jan
1,000 13 J a n 25 14% Jan 30
M o. K ansas A T e x a s . . . . . .
28%
M ar 41 Jan
41%
F
eb
20
15,230
30% F eb 8
Do
pref.
22 M ar 40 % D e«
M issouri P a cific.................. 100,205 43% F e b 8 49% Jan 24
24 N o v 32% Feb
,775 32 Jan 3 45 M ar 28
M obile A O h i o . . . . . . ......... .
103 170 Jan 3 1182 M ar 80 |107%Jan $180 D ec
M orris A E s s e x . .. ...............
3 144% M ar 29 105 Mar 1 2 4 % D ec
Y . Central A H u d s o n .. 123,80 1 2 l% J a n
l l% M a r 15% Jan
100 13% M ar 14 19% Jan 28
N .Y . Chic. A 8t. L ou is.
73 F e b
76 Jan
10 05 M ar 7 79 Jan 23
Do
1st p ref.
28 M ar 40% Jan
700 33 M ar 27 41 Jan 23
Do
2 d pref
1300 Jan 25 §390 M ar 14 §320 Jan §352 O ct
New Y o rk A H a rle m .........
129% Jan 27 i l 38% M arl 1 §120 A p r §128 N o r
N Y . L a ck . A W e s t e r n ..,.
221 §198 Jan 19 211 F eb 2 §178% Jan 201 D eo
N. Y . N ew H aven A H art
1 3 % A p r 19% D e©
N. Y . O ntario A W e s t e r n .. 27,077 18% J a n 3 28% M ar 27
00 NOV 05 Jan
N orfolk A S ou th ern ...........
l l % A p r 19% De©
N orfolk A W e s t e r n .. . . . . . .
450 17% M ar 17 20% F e b 2
42% M ar 0 3 % D e «
5,647 01% Jan 0 7 1 % F e b 2
Do
pref.
19 F eb 44% D e©
N or. P a c. Ry., v o t . tr. ctfs . 02,282 4 2% J a n 7 55% F eb 10
50% M ar 7 9 % 8 ep
Do
pref.
2 4 ,778 70% Jan 7 8 1% J a n 20
35% Jan 61% A u g
400 44 M ar 18 52 J a n 23
r. R R . A N.Co. v o t .t r .c f s .
05% M ar 78 N ov
120 71 J a n 5 70% Jan 23
D o p re f., v o t. tr. ctfs .
19% Jan
43 D e c
41 F eb 8 48 Jan 23
O regon Short L in e .............
3 4% J’ ne 4 8 % S e p
350 44 M ar 25 51 Jan 20
aciflo Coast C o................
79 D ec 91 J ’ n
1251 85 Jan 5 90 Feb 20
Do 1st o r e f ..................
nn A r b o r . . . . , .............
Do
p r e f.
A
A toh. T o p e k a & Santa F e.
•14
10
•14
10
•30% 38
•37
38
21* 21*
21% 22 *
81* 61*
01% 03)4
•72
73
78
•72
•72
73
58% 58%
58% 54 *
57% 58V
7 8 * 178* 7 8 *
•78
78% 79
*8
9%
8%
SV
128% 130% 1 2 9 % 1 3 5 %
121% 128
•30
34
35
•30
•30
35
*04
65
74
•65
•05
74
.........
*100
105
1105
8 8 * 8 8 * •88* 8 7*
H0% 80V
59
60
59% 01
59
01
117
119
117% 118^ ; 117% 119
51% 52
51% 52*
51% 5 2 *
27% 28
27% 2 8 *
28
28*!
* 1 7 3 * .......
1 7 3 % ....... ♦173%
♦196 .........
♦190 ........ •190
143 145*i 143 % 14 5% 1 4 3 * 1 4 4 *
73
74
73 % 74
78
73*
•14
•37
•100 ....
188
85*
50
24* 24
8*
•18
•14
•38*
»u *
83«
10
38
82 *
03*
71
57*
7 "*
9*
♦43
*88
48
90
N
2 16 "
210*’
27
27*
•70 .........
•18
19%
00% 07
52* 53*
79
79%
44
44
§72
72
144
188%
O
P
44
89
• T h ese are bid and asked p rices ; n o sales on tb is day. l Less than 100 shares. 1 E x dlv. and rights, t B e fo r e paym en t o f assm t. t A ll assessm ents paid.
O U T S ID E
S E C U R IT IE S
Bid.
S tre e t R a ilw a y s .
NKVV Y O R K C IT Y .
38*
B-seok 8t A Ful F—8took.
1st m ori 78 1 9 0 0 ...JA J 103
B way A th A v e —Stock. 220
1st m or 5a 1 9 0 4 ...J A D 107
3d m or 5s 191 4— JAJ $112
E x ch i
B w a y S u r ls t.5 sg u .1 9 2 4 $115
2d 5s Int ns rental. 1905 $105
c e n tr a l Crosstow n—Stock 255
1st M fis 19 2 2 ........MAN $119
C*n P k N A E R iv —Stock 185
Consol
1 9 0 2 ... JA D $111
Ask.
41
100
225
109
113
117
100
270
187
118
(G
iv e k
a t
f o o t
o f
7
o o n
S tr e e t R a ilw a y s ,
Bid. A sk.
Christ’ p’ r A 10th St-Stock 170
175
Col A 9th A v e 5s-See Stock E xch 1
D ry D E B A Bat— S t o c k .. 175
190
1st gold 5s 1 9 3 2 ...J A D $117
118
Scrip 5s 1 9 1 5 ......F A A $101
108
Eighth A v e n u e —S t o c k ... 385
400
108
42d A Gr St Fer— S t o c k ... 375
385
42d St Man A St N A v e ..
74
78
1st. m ort 08 1 9 1 0 ..MAS 117
11 9
07
L e x A v A P a v F 5e-See 8tk E x ch 1 lat.
M etrop olitan —See 8tock E xch 1 1st.
'S E O U T I V E
p a g e s
).— S T R E E T R A I L W A Y S ,
Bid.
100
104
$110
$108%
200
$112
$1 1 0 %
E x ch l
$114
390
100
U n ion R ailw ay—S t o c k ... 190
U nion R y 1st 5s ’ 4 2 .F A A $113
S tre e t R a ilw a y s .
N inth A v e n u e —S to c k —
S econd A v e n u e —S t o c k ...
1st m o rt 5s 1909. .M AN
C on sol. 5e, 1 9 4 8 ...F A A
Sixth A v e n u e —Stock-----Sou B o u ie v 5s 1945. .JAJ
So F e r 1st 5§ 1 9 1 9 .. A A O
T h ird A v en u e—^ee 8 to cb
28th A 29th Sts 1st 5 s ..’ 90
T w en ty-T h ird St—Stock.
Ask.
180
200
112
100%
210
114
112%
1st.
110
400
200
110
ifc c .
Bid. A s a .
S tre e t R a ilw a y s .
114
W e stch e st 1st 5s ’ 4 3 .. JA J $110
BROOKLYN.
109A tlan . A v e ., 1st 5s. .A A O $107
118
C on 5s d 1 9 3 1 ........A&O $112
95
98
Im p t 5s g 1 9 8 4 ........JAJ
90
B. B. A W .E . 5s 193 3. A&O
248
B ro o k ly n C ity—S t o c k . .. . 246
C on sol 5s 1 9 4 1 ........JA J 117
B k lyn C rosstn Ssl 908 . J AJ 105
33
32
B rooklyn E le v a te d (n ew ,
02
68
0*
j 97 *
B on ds (n e w )............. .
B k m H gtslsI c e l 941 AA O 104
APS
1899.]
THE
C H R O N I C L E ,— STOCK
PRICES
8 T 0 0 K 3 —H IG H E ST A N D LO W E S T S A L S P & I0 E 8 .
M atu rd u v, M o n d a y .
M a rch J5 M arch 2 7
•02
06
•02
69
•82
•02
05
135* 134*
134
1 8 2 * 1 3 3 * 1 3 3 * 135
0 ! *4*
D
•4*
0
*4*
'4 *
59
59*
39
58
5S
57
57
82*
82
82
•HIM 84M *81* 8 2 *
180
180
.» ,,,
•180
•ISO
9
8*
S
8* " s *
•8M
IS
24* 3 4 * 34
SIM 25
2 4 ft 24H
60
67*
67
« 7 H 08
0 7 * 67 H
35*
37*
37
3 7 * S7M
37*
87
•86
40
•35
40
•35
40
•35
173* 7 3 * 77
78
78
• 7 0 * 78
’ 131
'131
•ISO
•ISO
5*
5
•5
*3
'*5 *
5
•3
•45
45
45
47
iti
41
♦40
11
111
t » « 1 2 * • U K 1 3 * •12
12
U * 13*;
12
ION U K
i« M
73
173
•70*
170
70
39
* 0 * 41
4 0 * *1M
SSH «0M
19
11
I D * 1«M
HM
11*
32*
3IM 38M
SOJi
32* 35
43
4b* 48*
*40
42
HSH
n o s * io 5
104M 104H
36
36*
SSM
B 5 « 3 0ft
8 5 ft 38 M
12* 13*
13
13
ISM
ISM
51
51* 52*
5 1 ft 5 2 *
SOM SIN
22
23*
S2M
*3M 23M
23M 2«M
218 219 ; 210
211
205
200
808
•21
*91
24
24
•21
•21
34
•42
48 I •42
•42
48
48
•42
6 9 * 70*1 70
09
S9M 70
89M
1139*
4 7 * ’ 49* '
«7M 48
« « M *7M
81* 82*
8 4ft
B i M HIM
SIM 81M
1 2 * 13
13
13
13
13
ISM
8M
8M
ISM
SM
SM
23*
23M
U3M 23 m
M M 43M
U *
JIM
H M HM
i n j 11M
32
•32
33
32
33
32
•33
•59
01
6 1 * • 6 0 * 0 1 * *59
9
*1*
•1*
9*
1M
UH
??S
It l i f t
36
***M
•4d
*140
2*
82*
14
SSH
88M
103 4
159*
♦115
•100
116
•118 117
38M
30
JBM
93
93
93
48
48
40
148
!U 0 M WOW
29
28
28*
8 3 ft 83
82 M
14
!*M
1*M
3*H 4 0 *
08*
05
«<M
10 3 * X 101 ft 103
i 6 l * 1 5 9 * 1«IM
U 8M U 6 * 1 1 0 *
•100
103
102
41
42
•___
98
•95
90
290
210
1C 8 * 2(39
114 i
142
I t 4 3 ft ! 43ft
*104
106
•104
106
« 3 « «3 N
< >* **M
*154
158
158
150
11* UM
8«
871,
IS * &
•vb
101
12
13
u u
•1S»
9 0 2 * 2Q0
3 0 0 * 2 0 b ft
47>* <7M
<7M ‘ 7M
♦94
90
•94
90
4 8 * SUM
so m 55
87M HUM
M M 60
SSM 55
58
HIM
SHM S9ft
87 H H8M
118
119
l l « * 119*
7 1 * 72
71M 7 t f t
108ft lOHft 108ft
•103
10SU T03M 1 0 3 * i o s m
5 2 * 53
53
SSM
02*
85
88
*67
•78
S‘ M
*dZ
51
*103
8*W
IU 8 M
S8M
57
57
81
H0M
is o m
55
S )H
S3M
•90
100
I to
SIM
50
SIM
103
103M 103
3 4 ft
3 4 ft i - i
u b S 1114 * IW M
'• o ' " e "
•45
eo
•10
30
*40
193
48
197
WM
*0
7H
4 8 * 49U
99*
160
•3
•»M
| «M
*74
UM
SUM
140
♦18
35
94*
♦54
6*
72*
51*
117*
•195
03*
100
100
3
10
ISM
58
140
14
35*
85
60
7*
74*
52*
117*
198
9 3 ft
STOCKS.
Tuesday, \Wednesday] Thursday, F r i d a y ,
i f arch 2 8 March 2 9 March 3 0 M a r c h 3 1 .
•02
60
66
136*1 134 1 3 5 *
*4
6
6
* 5 7 * 00
00
83
82*
89*
‘180 .....
8
8*
23*
24*
04*
07
35*
37
40 ! •36 .
7 7 * ! 178
. . . . . '1 31
•7*
5*!
•45
47
1 3 * •12
12
12*
72
39*
40*
11*
\l *
33
34*:
44 ! •43
103
35*
3 0ft
12*
ISM
51*
5*M
21*
S3M
215
213
•20
24
48 j i f
70 ft
69*
139*!
ISM ' 48**
80*
83M
12*
ISM
hM
24
23*
1»*
hm
32 !
00*
>M “n *
8*
S
24*
65*
36*
38
78
......
7*
47
13*
12
110
•113
110 V • li t
30
36*
86
30*
92*
93*i
t»2M 9 3ft
46 i
47
......
143 |1 1 4 0 * 143
‘ 140
29*
2 9 * 30 | 30
03*
98M SSM 183
IS *
U *
ISM n s
40*
88*
s «M SSM
06*
6 3 * 0 4ft
6 «*
1 0 3 * 1 0 0 * 1 0 1 * 100
1 4 7 * 104
l«5
100
117
1 17
117
117
1 0 1 * 101ft 101ft
45*
43
<2*
*IM
95
9 3 * USM
94*1
283 ”
2 9 7 * 293 236
145*
142
100
ib s
106 [
44
44*
*>M! 14 4 *
155
157
166*
•155
n *;
tu ft
I 'M
n s
87*|
34*
a s s 87
•96
9V
•95
100
12
n o * 10 * 4 1 0 *
21 a
20 4 SO'M *402*
47*
47*
,7 M M M
90
•94
97
*94
57*
55*| 5 0 *
52
92 *
91
89
69
43*
88*
SUM
88
99ft b » m m
1 1 8 * 1 1 5 * 1 1 3 * 110
U i*
72
72*
71
7 0 ft T iH
‘ 107 1 0 9 * 10 9 ft 110
‘ 106 *
103 103
103
103
103
54
SO*, 54
63
55 ft
82 ft »*M
81*
02* 94*
40
U ft
34*
45
105
35*
12*
51ft
22*
316
25
49
6m
"4 8 *
81*
12*
8*
»m
a ?* as
4
•5
‘ 5"
00
•43
•43
20
♦10
•10
51
34ft
soM
95
95
•93
•40
4 2 * •40
ISM
40
1
9
0
*
!
192
1
9
0
*
*
l
»
t
1SSM
»M
UM
»*!
»M
•0*
• 0*
VM
•«M
4v*
«»M 49ft
194 *
l* » M 195
100 * t o o * 93
•100
101
100
1 0 1 * 161
100
100
•8
3
•3
3
•2
*9*
»*
9*
•9
? ft
•23
23* 88*
33
SSM
•7«M 75
75
75
72*
U * lift
HM HM
mm
53
54
54*
52*
5*.M
145 U 5
.....
* 1 3 * 14
1 3 * 18*
is *
30
3 5 *,; 8 6 * 45
39
80
8 7 * 97
88*
88
■152* 54 I ‘ S3
56
56
7*
7*|
7*
7*
«*
73*
74* 73*
74
73*
53*
54
53*
54*
62
1 1 0 * 1 1 7 * 1 1 7 * 1 1 7 * 1117*
125 128
*195
198 1185
9 8 * 94 I 9 3 * 94
93*
48*
90
2 i i*
140
£
9
30
100
10*
205
47*
97
55
69*
07*
09*
U 0*
71*
no
103
54*
02
88* 98*
s’
60
20
SSM
94
•8
•45
113
50
03
‘40
195 !■ 19 0 *
2*
SM
♦0*
40*
50
! 8 0 * 12 i *
99
190
103
l«l*
3
8
10
•9
38*
MM
73
78*
11*
HM
51*
S«M
1130
1*M •14
40*
ST*
95
89
1 5 1 * •58
7*
74
54*
50
1 1 7 * 117
186
•125
94
93*
• Bid end asked p r ic e * ; no sales o n th is day.
hm
&
L o w e s t.
100
A
lie
36
93*
47
142*
30*
S ift
13*
SB
04*
100*
171*
118
6 6 * 57
57
57
' 5 6 * 3»M
80
80
181ft 8 1ft • 7 8 * 81
53
55*
54
5 3 * 54
SAM
•08 100 | •97
100
•90 100
51
51*
4 9 * 51
51
SIM
1 0 3 * 1 0 3 * •108
1 0 3 * ‘ 103 1 0 3 *
35* 96*
9*M a «M : 3 4 * 35
118
‘1 1 2 *1 1 8 *
113
•5' ‘ " 0 ”
60
•45
•10
90
Highest
P a cific Coast C o., 3d pref. 92,977 6 2 * M ar 22 8 7 * F e b 21
P e n n sylva n ia........... .
l2 2 * J a n
5 142 Jan 88
p * o r ia A K astern . . . . . . . . . .
4 * M ar 20
7 Ja n 10
2,909
pittab, d a . Chic. A St. L . .
8 ) 0 50 M a r l ? 8 8 Jan 23
80 F e b 10 93 Jan 23
Do
pref.
Pitta. F t. W . & Ch., g u a r ..
‘ *700 ISO Jan 10 1183 Jan 19
8 Jan 24
P ittsb. A W est-, p r e f. . . . .
9 * Ja n
9
0 ,2 D
O ©adlng, v o tin g tr. c t f s . . 52,900 3 0 * F eb S 25 Jan 24
7 6 8 * Mar 24
X V iat pref., v o t . tr ctfs . 82,715 5 1 * J a n
2 0 * Jan 7 S 8 * M a r 22
2d pref., voting tr ctfs .
R io G rande 4 W e s t e r n .. . .
397 2 5 * J a n 4 4 3 * F e b 3
Do
p re f.
66 Jan 3 79 M ar 17
R o m e W atertow n 4 O g d ..
11 2 8 * Jan 4 l l 3 l * M a r 2 3
t. J . 4 G . lal. v o t .t r . eta
5 Jan 3
6 Jan 1
32
i
Do
1st pref.
250 45 M ar 23 55 Jan
Do
2d pref.
8,080 lO ftM a r 32 1 7 * Jan
8*Jan
6 14 ftF eb
3t- L- St S. Fr., v o t . tr. c t fs .
6o
Do
1st pref.
7 5 * Jan
5,650 00 Jan
Do
2d pref.
33*Jan
4 4 ftJ a n 31
17,890
St. L o u is S o u th w e s te rn ...
OftJan
12 Jan 30
44,685
Do
p re f.
17
Jan
S5 M ar 28
1,460
St. P aul St D u lu th ......... .
4 8 * Mar 28
100 36 Jan
100 Jan 23
Do
P^f
15,900 9 8 * Jan
S outhern P acific C o ...........
44 Ja n 31
17.055 3 3 * M a r
Southern, vo tin g tr. c t f s . . 57,049
10*Jan
14 J a n 16
Do pref., v o t. tr. c t fs
4G
*J
a
n
52ftM a r 28
19.040
2 5 ftM a r '
17*Jan
rl",exae St P a cific.........
4,185
JL hlrd A v e n u e (N . Y .).
167 Jan 11 242 Feb 2 .
T o le d o St O hio C e n tra l.. ..
T o o 20 Jan 31 25 Jan 25
Do
p ref.
35 Jan 35 42 M ar 22
4
,833
Tw in City R apid T ra n sit..
7 1 ftF e b 23
40 38 Jan
Do
P rof. 90,905 118 Jan
1 4 t F eb 24
fT n i o n P a cific R y . . . . . . . . 74,372 4 l * J a n
5 0 ftF e b 21
U
Do
. .. p r e f .
8 4 * Jan 23
1,620 7 2 ftJ a n
CJolP .D . A G. tr- re c .2 d pd.
U ft M a r
1 4 * Jan
6
1,342
r a b a s h ...........................
7*Jan
8 ftJ a n 24
Do
p r e f. 19,875 21 * Feb
2
4
ftJ
a
n
20
3,500
W heel. 4 L B . , 4th ass‘ i pd
15 Jau 30
Jan
400 275 ft Jan
Do
pref. 4th do
24 37 Jan 30
D o t s t p f d . (w h e n Is a )
30b 5 8 * J a n 27 64 Jan 30
W iic o n . Cent., vot. tr .c tfs .
l * M a r 13
3 F eb 21
y ila c e lla n ’ a ^ t o c k a .
35 1109 Jan
dam s E x press.........
3 1119 F eb86
3,775
m erlcan C o tto n O i l .. . .
3 3 * Mar rt
1,901 8 8 * Jan 5 38 Jan 31
Do
„ p n t,
93 ftM a r 21
400 33 Jan
A m erican D U t r ic t T e l . . . .
3 5 2 * Mar 8
106
A oiertcan K x p r a u ..............
139 Jan 31 1146 Jan 3
2,98
38 M ar 24 3 7 * Jau 24
A m erican M e ltta * .............
2,135 83 Jan 19 8 7 * J a u 20
Do
p rof.
6,928 13 * Mar I 1 5 * M ar 1,3
Am erican S p irit, M f* ........
8,584 3 1 * F e b 8S 4 1ft Mur 13
Do
p ro f
A m ir . Steel A W ire m e w ) 108,760 45 Feb 8 0 0 * M ar 3
Do
p re f. 17,315 9 2 * F e b 8 1 0 0 * Mar 13
Am erlcan S e g a l ReSJnln*. 181,370 1 3 3 * Jan 4 182 M ar 20 10 7 * M a r
875 110 Jan 10 123 M ar 20 103 Mar
Do
P ref.
386 198 Ja n
A m erican T e le s . A C e P te ..
4 1103 Jan 28 188 Mar
,
82,745
A m e r i c a T lo P la te . . . . . .
3 7 * Fob 18 1 5 * .Mur 28
Do
pref. I U 3 8 93 Fob 17 9 9 * Feb 8
8 3 * Jan
A m erican T o b a c c o ............. 90.055 13 2 * Feb 17 2 2 7 * M » r 28
264 132 Ja n
Do
pref.
4 150 M ar 5 11 2 * M a r
600 95 Ja n 6 100 .Mar 22
Do
divid e n d scrip
78 Mar
4,690 4 3 * Mar 33 48 M ar It
A n aconda C o p p e r .. ., ,. , .*
455 189 Jan
O r o o k lju U ow e G as. . . . .
3 160 M ar 17 100 Mar
7*O ct
D r a i n * . D M l I C U a t ) * '!. ! 1,726 1 0 * Mar 34 1 7 * J a n 31
17 Mar
n o t a t l O Fuel A I r o n ., . . 14,448 3 0 * Feb 8 8 7 * Jan 9
60 8 8 Ja n 0 100 M ar 20
05 Aug
V.' D o
p r e f.
400
4* J * ly
Col. A H ock . Coal A Iron .
« * F eb 15 1 3 * M ar 10
C on solidated Gas (N . Y , ) „ ! 17,87“ 189 J a n 12 2 2 3 * Mar U 164 O tt
1,425 4 4 * J a n 17 5 0 * Jan f l
27*M ar
C on solidated I c e .. . . . . . . . . .
toO 9 1 * J a n 13 97 Mar 13
8 3 * Apr
Do
pref I
Cc n tineatal T o b a c co . . . . . 381.343 43 M ar 30 6 4 * Mar 15
19,541 85 Mar 24 9 3 * M ar 15
Do
pref
99 O ct
n ftd e r a l Steei ( w h e n * * .) 594,190 4 8 * Fob
6 7 * Mar 30
99,017 B 2ftJau 7 9 0ftM ar 29
I Do
p ref.
do
09*O ct
9.377 9 5 * J a n
G eneral E l e c t r i c . .. ., ........
70 Sep
1 2 0 * M ar 7
4,130
6 5 * Mar 6 7 0 * Mar 20
6 0 ftD e c
G lu co se Sugar R e fin in g ..,
1.100 107 FeB 15 110 J a r 14 10 7 * D eo
Do
p r e f.
960 97 J a n
£1. ii C U flln C o ............... .
3 1 0 9 * Fob II ,1 8 7 * J 'n c
f ntem aU onai P a p e r ,.... 10,7-53 31 M ar 17 0 8 * Jan 23 , 48 Sep
7,376 0 0 * M ar In 9 5 J a n Si 35 Sop
1
310 3 ? * M a r 38 36 Feb 2 7 1
la te rn a tio o a i S ilv e r .. . . . .
700 53 Jan 16 0 3 * P e t 23! 5 4 * D ec
K n ick erbock er Ic e (Cblc.1
200 7 4 * Jan 35 84 Feb 17
Do
pref.
81 Dec
4,605 51 M ar 4 5 7 * Jan 9
37*M ar
aclede G at (St. L e a ls )
Do
pref
85 Mar
96 Jan 36 99 Jan 18
8,740 4 ? M ar fl 62 Jan 21 3 0 ftA u g
ational B iscu it...........
41C 198 Mar 1 1 0 7 * J a n 19 i 9 4 * A u g
Do
pref
4,694 3 2 * M » r 17 4 C * J a n 20
National L e a d . . , . . . , . , , . . .
28*M ar
870 l l l f t J a n 13 115 Jan 21
Do
pref
99 A p r
4 * Mar 15
S e t, L inseed Oil, tr, eertfs
8 * Jan 12 I 8 * D ec
500
3 * Nov
N ational S ta rch .............. .
4 * Mar 17
8 * Feb 9
Do
1st pref
00 Mar
145 Mar 16 50 Mar 18
72 13 Mar 17 23 Feb 0
12*O ct
Do
2d pref.
N ational Steel . . . . . . . . . . . . 88,109 50 M ar SO 5 4 * Mar 28
1,070 98 Mar 30 95 Mar 28
Do
p ref.
N ew C enLC oal (new sto ck i
40 Oct
40 J a n
3 42 Ja n 25
i,5O 0 113 Jan 3 800 Mar 16
S . Y. A ir B rak e..........
14 A p r
4.505
0ft.! an fl lO ftK ob 28
4*Jan
North A m erican C o . . . . . . .
O ntario S liv e r..« . . . . . . . . . .
3*Jan
0 Mar 23
7 * Mar 8
15,200 4 3 * Jan 4 55 Jan 30 21 A p r
P a c i f ic M all.................
86*M ar
I #w-,e'» ^ i*-vL.A C .(C hlc-> 124,920 lOBftJan
12 0 * Mar 29
4,500 90 F eb 35 108 Mar 23
P h iladelphia C o .........
Pullm an’ s P a lace Car.
i ,0 2 « 160 Jan 30 l0 4 ftJ a n
4 x 132 N ov
000
u Icfcsli ver M in in g. . . . . .
2 U J a.ii 20
lft S e p
3 * Mar 3<
100
Do
pref.
9 Mar 14 11 Jail 9
5 J 'n e
tandard Distil. kD fttrih .
lB ft lle c
1,535 21 Jan
3 2 5 * Jau 10
1,439 7 2 * M a r 24 8 2 * Jan 10 6 6 * N o v
Do
p r e f.
4,940
Standard R op e A T w in e -.
3*Jan
8*Jao
8 12 Jan 10
rP e n n - Coal Iron A R R ♦,. 50,095 30 J a n 14 5 4 * M a r 28
17 Mar
i JL D o
pref
215 111 Jan 4 145 Mar 38 180 Aug
{T exas P acific Land T ru st-.
1,100 12 Jan 13 I 5 * J a n 17
6 May
nion Bag A P aper ..... 19.459 35 Mar 24 45 M ar 28
6,046 8 § * M a r 2 t 89 M ar 29
<D o
pref
U nited States E x p re ss. . . .
88 A p r
241 1 52 ft Mar 27 00 Jan 12
5*A pr
9,580
U n ited B U tee L e a th e r . . . .
ft ft Mar 13
8 Jan 23
63,105 69 Mar 3 75 Jan 20 5 3 * Mar
Do
pref
14 * M a r
U nited States R u b b e r ...., 80,470 1 2 * Jan 6 5 4 * F e b 23
00 M ar
910 111 Jan
120 Jan 9
Do
pref.
1 1 / ells, Fargo A C o .........
85 1125 Jan 10 11 2 9 * Jan 10i l l l 2 * M y
6,003 I 0 3 * Jan
y y astern U nion T e le g 'b .
9 8 * J a n 2 4 1 8 2 * Mar
200
a
U*
Lowest.
R ange fo r p r e
vious y e a r (1898)*
U
23*
12*
*44*
155*
S a le s
Range for year 1 8 9 9 .
q f th e
O n b a r ts o fio o -s h ’ r e lo ts
W e ek ,
S h a res
S
81* 81*
119
36*
192*
45
140
28*
83
13*
39*
64*
101*
100
1117
101*
43*
94*
218*
145*
108*
44*
155
n
30
{9 0
19
207*
47*
04
55*
00
61*
N. Y . STOCK E XO H .
(3 pages) Page
5
00
13
52
93
42*
193*
2*
7*
49*
125*{
97*’
101*1
3*1
10
33*
73
U *
54
130 I
14*;
39*
88
8-9 I
55
•
73*
52*
11“
189
9m
I L ess than 100 shares-
H igh est,
69 Sep
1 2 S ftD e c
5*F eb
e S ft D e c
84*D e#
S 176*D e
la ft D e e
S S ftJao
5 4 ftD e o
29 Jan
32 A u g
09*A ug
1 2 8 * D ee
SftFeh
03 r n e
2 3 * j ’ ne
9*N ov
0 9 * D ec
35 N ov
T ftD eo
18 D ec
3 8 * Deo
100 D ec
35 D ec
1 0 * D ec
4 3 ft D ec
20*D ec
194*F eb
25 Sep
48 Oct
3 0 * D ec
107*D ec
4 4 ftD e c
7 4 ftD e c
1 3ft N ov
S ftA u g
24*A ug
0*DOC
3 0 * D ec
' S ftJan
3 3 * D ec
153 N ov
38 A u g
1180 Feb
3 9 * Aug
OOftApg
88 D eo
1 5 ftJ ‘ ne
4 1 * Aug
1 4 0 ftA u g
110 Jan
1 9 8 * D eo
153*B ep
1 3 5 * Aug
101 Sep
140*D © o
14 J ’ ne
3 2 ftD eo
90 Deo
9 * D ec
205*J*ne
52 Sep
94 D ec
52 D ec
8 5 * Dec
97 D ec
7 2 * Dec
109 ft D ec
t if i lD M
67 D ec
95 Deo
L
N
Q
S
43
Sep
Sep
7 * Deo
6*D ec
46 D ec
112 N ov
120
210 J 'ly
8 D eo
1 1 * D ec
2 3 ftN o v
75 N ov
lO ftA u g
3 8 * D ec
105 D ec
12*D ec
U
4 Bx d lv . o f 100 p. o.
in bonds.
9 5 ft A u g
|01d stock.
OU TSID E SE C U R ITIE S {G iv b s at foot of 7 consecutive PAOEa).— SJREET R A IL W AY S, die
S tre e t H n llw u fi,
BIS
B*kyn ftnaCo. ABub. le t 5 a 1110
C oneoi 5» n o t g u a r .. . . . .
84
Bklyn Rap.T r»r.-—Sm 8to rk Rx.
Cal.C em .G f. A B k y u U t 0# l l l f t
280
l« t 5« 1 9 0 4 . . ,JAJ 103
5# « r t f i I n d b tlB lO J A J 101
8 'k r .A N e w 5* *39.JAJ I U 4
G 8t.!kl*ew lat5e*O 0AA O 104
G 9't A L orim er BX 1*6 0a 108
4
E ca* Co. HTlevaL—S tock
9
fn o o m e a -.
Bond#—Era 1 ,ock HtxSh. List,
A sk. I
S t r e e t R o l l w a y «.
Bid.
119
Naaean Klee p r e f ----- -—
70
5* 1 9 4 4 ........... . ,,,.A A O
104
L ift
l i t 4# l 9 4 8 . - , . . , , . , , J A J
90
112ft New W m b ^ A F I 1sU>x- 4 * « t a s
276
N Y A Q n i< > > 5 . 1946^A*C»
105
Btelnwav 1s t«*192X JA J 114
103
O T H E R C IT IE S.
117
Balt Conaol— Btook . . . . . .
100
Brldgep T r - l* t 5a '23.JA J 4100
100
Buffalo Street R y —SGikX
(i
la t coturnf 5a 1931 ,FA A t i l l
. i Deb 6a 1933
no
I Q hlcago C ity R R —S to c k .. 238
A ik .
H trev t R a i l w a y ,
Cttlxens' 8t (In d 'n a p )-S r r
100
G levelaod City R
y
.
9i
; Clevel C a b -1st 5» ‘ 09 .J A J
100
; C leveland E le c tr ic R r . . .,
Con 5s 1 9 1 3 ..........M A S
Cotum bus (O h io )—S tock .
ii«
Con 5s 1982—See P h lla
Crosst’ w n— 1st 5 s - .........
C onsol T r a c i’ n (N J ) —8 <€
..... Lake 8t (C&!c) Baev-Stock
deb 5* 1 9 2 8 ............. JA J
110
.IHt i L ou isv St B y —5 p c bonds
8B3
1 O o m m o n .,...
Bid. A ik .
P h ils Hit.
90
95
4 1 0 5 * 100 *
92
91
109
108
7 2 * 7*
List.
Phils. H it'
18*
85
4 83
? lt 9
42
V i"
S tr e e t R a llw n y a .
I.oalaT St Ry— P referred .
1 y n n A B o # -iit 5 a ’ 34.Jd}D
M etrop W eat Side (C hic) .
1*15* 194 9............. FA A
Min neap 8 t B y -5 a ’ 19.J3tJ
New O r! I T —......................
P referred — 1ut lust, p d .
N otes 0* 1904 ___ MAN
N orth C h icago—S t o c k .. .
1st 5* 1900-18......... JAJ
S o Shore T r (B o a t)-C o m .
P r e fe r r e d ......... ...............
$ B u yer pays accru ed
Bid109
m i.
4*
Ask
io s m
114
r>M
73M
« i o b " 108
HM
**
15
17M
228
4105
15
1«
88
84
Inter •it.
THE
606
BONDS
i
■ .T .B T O O K E X C H A N G E S I
W e e k E n d i n g Ma r . 3 1 . i ja ,
C H R O N I C L E . — BOND
B id .
Bang0
W eek 's
R ange or
L a s t S a le.
P rice
T h u r td a y
M ar. 3 0 .
n
kron A C hic J no. See B AO.
lab tm a Cent. See Son Ry.
A labam a M id la t gu g. .. 1928 M -N
A lban y A Susq. See l) A H.
A llegh en y V ol. See P eun Co.
A m D ock A I. See Ceu o f N J
8 9 * Bale
A n n A rb o r lat g 4a.........1905
1 0 8 * 8 ale
A teh T A 8 Fe gen g 4a . 1095
B eglatered ................... 1995 A - O
8 3 * Bale
A d ju s tm e n t* 4 a .. . . .. 1 9 9 5 N ovt
B eg latered................... 1995 N ovt
E q u ip tr aer A g 5 a . . . . 1902 J - J
C hic A St Lou la la t 6 a. 1915 M - 8
A tl A t B klyn Imp g 5 a. .1934 J - J
A t!an A D anv la t g 5 a .. 1950 J - J 100 1 0 1 *
A tlan ta A Char. See Sou Uy.
A u stin A N W . See So. Pac.
T> at Creek A 8 . SeeM ichC en
A>alt A O la t 0a Pkbg B r .’ lO
T ru st Co. ctfa. o f d e p .........
G old 5 s ................. 1885-1925 F - A
C ou pons off............ .
B eglatered. ....1 8 8 5 -1 9 2 5 F - A
8 peyer A Co. oertf o f dep
Truet Co ctfa o f deposit..
Consol gold 5a...... ........ 1988 F - A
R eg istered ...................1988 F - A
J P M A C o o t f a o f d e p ..
T ru st C o certfa deposit
B a lt B 'l t l s t g 5 s ln t g u .l9 9 0 M -N •107 1 0 7 *
W V a A P l a t g 5 s ........1990 A - O
M onon R lv la t gu g 5 s .l9 1 9 F - A * ......... 105
. . . . 105
Cen O hio R la t e g 4 * s l 9 3 0 M #
O olA C ln M I s t e x t 4 * s l 9 3 0 J - J
A k A C J I s t ln t g u g 5 a .l9 8 0 M -N
C oupons o ff..........................
J
Pitta A C o n 1st g 4 a .. .1946
B A O 8 W la t g u g 4 * s . 1990 J - J
BA O 8 W R y c o n g 4 * s 1993 J - J
l a t l n c g 5a aer A . ...2 0 4 3 N ovt
Series B . . .................... 2043 Dect
B A O 8 W T e r C o g u g 5s.’ 42 M -N
Ohio A Miss l a t c o n 48.1047 J - J
2d oonsol 7s................ 1911 A - O
la t 8 pr’ gfleld D lv 7a. 1905 M -N
1st general 5a............ 1932 J - D
B eech Creek. See N Y C A H .
Bel A Car. See Illinois Cent.
B oonev Bridge. See M K A T.
Bway A 7th A v . See M et 8 Ry.
106
Sale
Bklyn El T r C o c f I s tg 6 a l9 2 4
T r Co ctfB 2d g 5a........1915
all instal p d ...................... ..
8 A B B T C oofa l s t g u g 5 s ’ 42
all InBtal p d ......................
105* 100*
On El T rC o ofs ls tg u g 0 s ’ 87
Bklyn Rap T r g 5s........... 1945 A - O L13 Sale
Bklyn City 1st oon 5a 1916-41 J - J
Bklyn Q Co A S con t u g 5s ’ 41 M -N 107 Sale
Bklyn A M ontauk. See L Isl.
80 ........
Bruna A W est 1st g 4 s .. 1038 J - J
Buff N Y A Erie. See Erie.
. ...
Buff R A P gen g 5a........1937 M -S •108
D ebenture 0 s ................1947 J - J
B och A Pitta 1st g 6a..1921 F - A • 1 2 7 * 130
......... 130
Consol la t 6 s ...........1 9 2 2 J - D
........
Ci A M ab 1st gu g 5 a .. 1948 J - J 130
Buff A Southw est. See Erie.
Buff St M A S W la t g 5s. 19 2 ' F - A
Buff A 8 usq lBt g old 5 a ..l9 1 3 A - O
R e g is t e r e d ..... . . . . . . . . 1918 A - O
109
Bur C R A N la t 5a......... 1906 J - D
C on la t A c ol tr g 5a... 1984 A - O ♦117
R egistered................... 1934 A - O
M A 8t L 1st gu g 7 s .. 192 J - D
C R I F A N W 1st g 0 8 ..’ 20 A - O *107 ..
l s t g o l d 5 s .......................1921 A - O • I l l
... .
110*
/C a n a d a 8ou th la t 5 a ... 1908 J - J 100
y j 2d 5a............................1913 M -S 110 Sale
B eglatered...................... 1913 M - S i . . . . . . . . . . .
Carb A Shawn. See Ills Cent.
Carthage A A d . S eeN Y C A H .
O R l a F A N . See B C H & N ,
91
Cen Branch U P la t g 4a. 1948 J - D
Central O hio. See B alt A O.
95 .
Cen R R A B o f Q a—Col g 5 s’ 3' M -N
Cent o f Ga Ry— lB tg 5 a ..l9 4 5 F - A i 1 1 6 * .
R egistered ..................1945 F -A t
07 Sale
C onsol gold 5a........... ..1 9 4 5 M -N
R e g is t e r e d ................. 1945 M -N
l i t p r e f in com e g 5a. ..1045 Oct.* ♦ 4 0 * ’ *42*
2d p r e f in com e g 5a... .1945 Oct.*
8d p ref Incom e g 5 a ....1045 Oct.*
00
99
M A N D lv l a t g 5 a ....l9 4 H J - J
M obile D lv 1st g 5a.. . . 1946 J - J 102 ........
M id G a A A tl Dlv 5 s . . 194^ J - J
98 100
Cent o f N J— la t con 7a. 1809 Q -J t T 0 1 * ........
........
la t con v ertib le 7a. . . . . 1902 M -N 112
C on vertible deb 0 a . .. . 1908 M -N
G eneral gold 5a........... . 1987 J - J
.... 118*
R egistered....... ......... 1987 Q -J t •115 .........
L eh A W B C oon as 7a. 1900 Q-Ml 101
102*
5 s ................................... 1912 M -N 100
...
A m D ock A Im p Co 5a. 1921 J - J ..........110
N J South Int guar 0 b. 1899 J - J
Cent P acific—Ctfa dp A . 1898
Bpeyer A Co ctfa BC D. 1899
Bpeyer A C o o t fs d e p K.1900
Speyer A Co c t f F G H I. 1901
Ban Joaq u in Br g 6 a. ..190 0 A - O
G uaranteed g 5 a .. .. .. .1 9 3 0 A - O
Speyer A Co eng ota.........
Laud grant g old 5 a ... .1900 A - O
O A O D l v e x t g 5 a ....1 9 1 8 J - J
W estern Paciflo g 0 s .. 1899 J - J
N o o f Cal l a t g u g 0 a .. 1007 J - J
G uaranteed gold 5s. 1938 A - O
Charles A 8 av la t g 7 g .. 1936 J - J
Ohes A O—g . 0a aer. A . . . 1 908 A -O t
G old 6 a............................ 1911 A-OT
A
100 *
98
114
90
1 0 3 * 023
88
O U TS ID E
S EC U R ITIES
B id.
$108
75
20
A sk .
no
85
90
94
00
65
{108% no
70
78
90% 91%
S1U % 115%
69% too
l 07 % 97%
19
20
102
100 *
[You LXYIU.
Week's
Range or
Last Sale.
B id .
A s k Low. High. No.
7
C A O -(C o n )— la t c o n g 5a ’ 39 M -N 1 1 0 * Bale
1 1 8 * M a r ’ 99
R e g is te re d .......................1030 M -N
*1*2*1
94
94 Sale 93
G en gold 4 * a ................. 1992 M -8
9 2 * J a n .’ 90
R e g iste re d ............ , ...1 9 9 2 M -8
*3
100 *
106*
R & A D lv la t o o n g 4s-1980 J - J
97 D e o ’ 08
2d oon g 4a......... .. .. 1 9 8 9 J - J
9 5 * M ay’ 98
Craig V alley 1st g 5 a .. 1940 J - J
W arm Spr Val l a t g 5 a . 1941 M - S
101*
102
Ella L e x A B S g u g 5s. 1902 M -8
110 F e b .’ 99
C hic A A lto n sink fd 0s. 1003 M -N
......... 104 F e b .’ OW
L ou . A M o R lv la t 7 a ..1900 F - A ‘ 104
......... 100% F eb .’ 99
2d 7a...............................1900 M -N 100
Mlaa R iv B l a t a f g 6 a ..l9 1 2 A - O
C hic Burl & N or. See C B & Q .
115
115
1 1 5 * 115
C b lo Burl A Q—C on 7 b . . 1903
105 M a r ’99
Sinking fu n d 5s.............1901
1 1 2 * Sale 112
112*
D ebenture 5a..................1913
145
145
1 4 3 * 148
C on vertible 5a................ 1903
........ 1 1 1 * D e c ’98
116
Io w a D lv sink f d 5 a ... 1919
1 0 5 * . . . . 105 F e b *1
4 a .................................... 1919
102*
102*
1 0 2 * S a lo
D env D lv 4a....................1922
108 F e b .’ 99
South w estern D lv 4 a .. 1921
C a lc A Io w a D lv 5 a . . . . 1905
1 0 8 * Bale 1 0 8 *
108*
N ebraska B x te n 4a. . . . 1927
97
M ay’ 9
R e g is te re d ................... 1927
120
120
12 6 *'
H an. & St. J ob c o n 6a..1911
• 1 0 7 * ........ 108 M a r ’ 99
C hic Bur A N or la t 5a. 1926
115
1 1 0 * 1 1 5 * F e b .’ 9 »
C hic A E 111—la t af our 6 s. 19 07
S m a ll................................ 1907
135
........ 134 Jan.*09
l e t o o n g 6 a. . . . . . . . . . . . 1934
113
113
Bale 113
G eneral oo n la t 5a. . . . 1937
1 0 3 * N o v ’ 98
R e g is t e r e d ..................1937
107
F e b ’ 99
107
C h ic A I n d C R y 1st 5a. 1936
C h icago A E rie. See Erie.
C hic ln d A L o u isv ille —
1 1 8 * M ar’ 99
.
L o u ls v N A A C h l 8t 0a..’ lO J - J 115
95 M a r ’ 09
92* .
C hic ln d A L r e f g 5a. .1947 J - J
108
108
R e fu n d in g g 6 a ............ 1947 J - J
168 M a r ’ 99
168* .
C h M A S t P - f a t 7 b $ g R D ’ 02 J - J
1st 7 £ g o ld R D . ..,1 9 0 2 J - J 1 6 8 * .
103% F e b ’ 99
108* ,
l e t Io w a A D 7a............ 1899 J - J
1 0 4 * M a r ’ 99
108* .
l a t C A M 7 s ................... 1903 J - J
108* .
109
109
Ohio M il A St P c o n 78.1905 J - J
1 0 4 * M a r’ 99
108* .
la t I A D E x te n 7 s . . . . 1908 J - J
1 2 0 * M a r ’ 99
la t S ou th w est D iv 6 a .l9 0 9 J - J
1 1 5 * N o v ’ 98
la t L a C rosse A D 5s. .19 1 9 J - J
1 3 1 * M a r ’ 99
la t So M inn D iv 6 a. ...1 9 1 0 J - J
.
131
131
la t H ast A D D iv 7 a ... 1910 J - J 131
1 0 9 * D e c ’ 98
I ll* .
5 a ....................................1910 J - J
1 2 1 * M a r ’ 99
C hic A P a c D iv 6 s ........1910 J - J
120%
120%
C h ic A P W l a t g 5 a .... 1921 J - J 121
1 2 0 * J a n .’ 99
C hic A M o R iv D iv 5a. 1926 J - J
110 M a r ’ 90
11*2*
M ineral P o in t D iv 5a.. 1910 J - J
112 A p r.’ 98
C hic A L Su D lv g 5a.. 1921 J - J
118 N o v ’ 98
117*
W is A M inn D iv g 5s. .1921 J - J
1 1 0 * M a r ’ 99
T erm inal g o ld 5a..........1914 J - J
1 2 7 * J a n .’ 98
F ar A Sou asau g 6 a . .. 1924 J - J
1 0 0 * M ay’97
C o n ts in k fu n d 5 s . . . , . 1910 J - J
F e b ’ 99
D ak A G t S o g 5a......... 1910 J - J . 1 1 2 * ......... 114
......... 1 1 1 *
111*
G en g o ld 4s series A . .1989 J - J 5 I l l
1 0 5 * F e b .’9^
R e g iste re d .........
1989
121 D e c ’ 98
M il A N o la t M L 0 s . . 1910 t - % ,1 2 1
1 2 6 * 126 J a n .’ 99
ls t< o n s o l0 a .................1913 J - D
1 4 3 * M a r ’ 90
C h ic A N orth w —Con 7s . 1915
114
i is
113
113
G old 7 s . . . ............
1902
1 1 3 * M a r ’ 99
R e g is te re d ....................1002 J - D
112%
120
120 F e b ’ 99
Sinking fu n d 6 s .. 1879-1929 A - O
1 1 7 * O ct.’98
R e g iste re d ........1879-1929 A - O
109
109
8 inking fu n d 5 a .1879-1929 A - O
105*
105*
R e g is te re d ........1879-1029 A - O
122 M a r ’ 9w
Sinking fu n d deb 5 s . . . 1938 M -N 123
1 1 9 * D e c ’ 98
R e g is te r e d ...................1933 M -N
111
111*
25-year de b e n tu re 5 a .. 1909
- N r r r
1 0 9 * M ar’ 9«
R e g is t e r e d ......... . . .. 1 9 0 9 « - N
1 1 7 * F e b '9 9
30-year de b e n tu re 5 s .. 1921 A - O
1 1 7 * F eb .’ 9M
R e g is te r e d ...................1921 A - O
1 0 7 * M a r ’ 99
E x te n sio n 4 s . , , . 188 6-1 926 F - A * 1 0 6 * ''.
106% F e b ’ 99
R eg istered........1 88 0-1 920 F - A
1 0 5 % M a r ’ 99
Gen g o ld 3 * a . ................ 1987 M -N
103 N o v ’ 98
R e g iste re d ....................1987
1 0 7 * M ay’ 98
Escan A L Sup la t 6 a.. 1901
Dea M o A M inn 1st 7S.1907 F - A
108 O ct.’ 98
Iow a M idland 1 s t 8 s . . . 1900 A - O
W in o n a A St P e t 2d 7a. 1907 M -N
117* F eb’
M il A M ad 1st 6 s ........,1905 M - 8
111 J a n .’ 99
O tt C F A St P la t 5a ..1909 M - S
105 A p r.’ 98
N orth Illin ois 1st 5 s ... 1910 M - S
M il L 8 A W l a t g 0 a . . 1921 M -N *140 1 4 3 * 142 F e b ’ 99
105* F eb’9 7
C on vertible deb 5 s .. 1907 F - A
........ 119% 119%
E x t A Im p a f g 5a.. .1929 F - A *119
138
........ 138 D e c ’ 98
M ich D iv la t g o ld 08.1924 J - J
A sh lan d D lv l s t g 6 s l9 2 5 M - S 139 ........ 140 M a r ’ 99
112 A p r.’ 08
I n c o m e s .........., . . . . , , 1 9 1 1 M -N ......... 121
133*
1 3 8 * Sale 1 3 8 *
C h ic R o ck I A P a c 6 s .. . .1917 J - J
F e b ’ 99
R egistered .................. 1917 J - J ♦130 ........ 133
108
1079* Sale 1 0 7 *
G eneral g o ld 4a....... .. ,1 9 8 8 J - J
1 0 7 * 8ale 1 0 7 *
107*
R e g is te re d ................... 1988 J - J
98
98
98 Sale
Dea M A Ft D l a t 4 a .. 1905 J - J
85 M a r ’ 99
........
la t 2 * a ......................... 1905 J - J * 80
E x te n sio n 4 a . . ...........1905 J - J
1 1 2 % 17
K eok A Dea M l a t 5s ., 1923 A - O 1 1 2 * Sale 1 1 2 *
100
A -O
Sm all...............
C hic A St L . See A t T A 8 F.
C hic St L A N O. S u 111 Cent.
C hic St L A Pitta. S u P a Co.
2
138
* 1 8 7 * ......... 188
C hic St P M A O c o n 6 a. .19 3 0 J
1
1 S8
......... 138
Ch St P A M in 1st 6 s. .1 9 1 8 M -N *137
140 M a r ’ 99 ....
N or W iscon sin la t 0 s ..19 3 0 J - J *
1
Is 3 *
S t P A S City l a t g 0 5 .1 9 1 9 A - O ♦133 ......... l 33%
10 U * 327
1 0 0 * Sale
C hic T e r T r a n s fe r g 4 s ..1 9 4 7 J - J
99*
*107
.........
Ch A W e s t 1 1st a f g 0s. 1910
*L19
.......... 1 2 0 * M a r’ 99 ....
G eneral gold 0 s .. . , , , , . 1932
Chlo A W e a tM ic h R y 5a.l9 2 1
C ou pons o f f . . . , . , ....... .1921
.................. 119
O ct.’ 9?
Oin H A D oon a f 7 a . . . . 1905 A - O
.................. 1 0 3 * O ot.’ 97
2d g o ld 4 * s ................. 1937 J - J
Cin D A I l a t g u g 5 s .. 1941 M -N ♦112 ..........1 1 2 * M a r’ 99
0 1 8 t L A C. See C C C A St L.
Oln 8 A C. S w C C C A S t L.
City A 8 R y Balt la t g 5 s .l9 2 2 J - D
119* 120
•..... 108
90*
39*
99*103*
102%
8 100 1 0 2 *
101
101
85*
82*
8 4 * 1417 78
83
83*
83 F e b .’ 99
110 Jan .’ !
1 0 0 * Feb ’ 99
108
110
110
115
1L5
110
116
Jan ."
N o v ’ 08
O cu ’ 98
120 Jan.’ 99
1 1 0 * M ar T ~
100* 100*
120 120
119*120*
1 1 8 * Sep.V98
110 A u g '9 8
1 1 8 * O ct,’ 98
105* * D eo ’98
111
85
105
105
107*
108
94
32*
12
F e b ’ 99
Jan .’ 99
A u g ’ 98
N o v ’ 98
J ’ l y ’ 98
M a r’ 99
Jan .’ 99
J a n .’ 99
F e b ’ 99
108*112
85
85
112
128*
103
89
Jan .’ 99
F e b ’ 99
M a r ’ 99
F e b ’ 90
108*112
120 1 3 0 *
103 100
89
89
105*
106
80 J’n e ’ 98
08 M ay’ 98
105
105
1 0 7 * 111
9 3 * 94
32* 32*
10* 13*
9 4 * 106
93
105
105*
100*
112*
113
1 1 7 * D ec 98
107
107*
94
108
1 0 8 * M a r ’ 99
1 0 7 * 111
1 2 7 * M a r ’ 99
128 Jan.’ 99
103 A p r ’ 97
127*127*
128 128
105
101*105
F e b ’ 99
109
109
110 M a r’ S
1 1 0 * F e b ’99
1 0 5 * N o v ’ 98
105 Jan.’ tP
109*
110
110
110
100
Jan .’ 97
91
91
100*
113
1 0 5 * 108
107
109
1 1 1 116
110*110*
105 105
108*110*
109 112
95 F e b ’ 99
116*
116*
93*
95
95
1 1 6 * 118
91*
97*
42
14
M a r ’ 99
D e c ’98
J ’ l y ’98
Sep ’ 98
M a r ’ 99
J a n .’ 99
M a r’ 9rf
118*
M ar’ 9u
M a r ’ 99
M a r ’ 99
114*
33
119*
44*
15
7*
101*102
112 112
112* 112*
113*119
1 1 2 * 118
9 9 * 102
8 7 * 99
114*115*
1 0 8 * M a r’ 99
104
104
1 0 3 * 104K
1 0 3 * 107
103*
108
120*
119*
110*
101
103*
103 1 0 7 *
105* 108*
120* 120*
41
13
7*
95
90
80*
102
112
112*
118*
110*
102
99
114*
M a r ’ 99
108*
M a r ’ 09
120 *
M a r ’ 99
J a n .’ 98
M a r ’ 90
112* 122k
110 110*
103
105
1 0 0 * D e o ’ 98
1 1 8 * M a r ’ 99
1 1 8 * Mar
(G
iv e n
a t
♦100 .
*120 .
121*' .
?:E
110 .....
97*
06
101* ......
♦110*.....
Rang*
sines
Jan. 1.
Low. High
1 1 7 * 12U
110 * 1 1 8 *
00* 90*
9 2% 92%
105
107
1 0 1 * 104
no
no
114%
104%
11
125*
115 %
105
112*
151*
104 1 0 7 *
106% 106%
a
105 105%
101* 102*
100 * 105
105* 108*
120*' 1 2 3 *
1 0 7 * 108
115*115*
1*8*4** 134* *
1 0 9 * 118
107
107
114* 110*
02
05
104 108 ,
1 6 1 * 169
1*3*
100*
100
161
120*
103%
104*
169
105
121
118*122
129 131
121* 122*
1 1 8 * 123
118* 12 1*
no
no*
115
110*
1 1 2 * 114
1 0 8 * 112 *
120
143
113
113
110
120
145
114*
113*
120
109** now
1 0 5 * 109
122 128
110 111*
1 1 7 * 118**
1 0 0 * 109
100%100%
1 0 2 * 1 05 %
?:S
91
• N o p rice Friday; th ese are la te s t bid e n d asked th is w eek,
S treet H a llw a y .
P rov A P aw t’ c k - la t 5a ’ 83
Rlohm R yA E leo-lB t5B ’ 20
R ochester R y ......................
D e b 6 a 1 0 1 1 .......M A S
2d 5a 193 3............... JA D
Con 5a 1 9 3 0 ........... AA O
8 o 8lde El (C h ic)—8tock .
Un’ d T r A E le c (P r o v )-8 t ’ k
la t 5a 1983 ........... MAB
W est Chicago o l ................
Oon 1 9 3 6 .................MAN
W o rcester (M aas)T r-C om
P r e fe r r e d ................ .
L ota. H ig h
6
100 *
P rice
T h u rsd a y
M ar. 30.
BONDS.
E 2
N .Y . S T O C K E X C H A N G E i f
W e e k E n d in g M a r . 3 1 .
title s .
J a n . 1.
A t k . L o w . H ig h . N o .
PRICES (5 pages) P age 1.
118* 119*
1 1 8 * 12 1 *
t D u e July.
fo o t
G an S e c u r it ie s .
N E W YO RK .
Central U nion Gas
l i t 5s .................................. $106
Con Gaa (N Y )—Stock—N Y 8 tk
Deb 5a 1908............MAN 100
E q u lt G aa............................ l i d
la t 6 a 1 8 9 9 ..............FA A $101
Con. 5a 1932............MAS $110
M utual Gaa........................... 315
N. A m sterdam Gas, Com .
41*
P r e f .....................................
la t oonsol 5a.....................8 1 0 4 *
* D u e N ov.
o f
7
A sk.
il D u e Ju n e.
c o n s e c u t iv e
p a g e s
).—
Bid.
G aa S e c u r it ie s
92
O T H E R C IT IE S.
B a ltim ore C on aolidet—Se
B a y State Gas— .............
In com es ......................
B o sto n U nitedG as B on dsBuffalo City G a s Stock ........................
P r e f ...............................
Ohtoago Gaa—See N Y Sto
Jicero Gaa C o la t 0 b .........
'in cln n a tl Gaa A .C o k e ...
$A nd Interest t P r lce
118
325
42
71*
105%
1st 5a 1 9 3 0 ............ MAN 110
118
BROOKLYN. B rook lyn Un Gaa—N Y St ook E xoh
la t c o n 5s—N Y Stock E xch .
W illiam sburg Gaa—lp t 0sl $101
102
102 *
142
14*6“ 1*42*
131* 133 *
1 3 2 * 138
104% 108
105% 1 0 7 *
98
98
85
85
109* 112*
130
186*
140
183
138
188
140
184
93* 100*
120* 120%
112
111*%
GAS SECURITIES, &c.
A sk .
118
110
140
U7% 119%
i D u e Jan* 2 Bond* due May. a T h e se areoptton sale.
G a a S e c u r it ie s .
N Y Gas, El H e a t A P ow ..
G old 5a (w hen iBsued)..
N Y A E ast R iv e r G as—
la t 5a 1 9 4 4 ................JA J
C onsol 5a 1 9 4 5 .. . ..J A J
Nor U n ia t 5a 1 9 2 7 ..M AN
Standard |Gaa—C om m on .
E xch
ill* 11’ **
89%
113
109
94
138
150
115
111
90
144
e Balt. L l»t
2% m
-B osto nL iat
14% 15%
92
92%
ck E x oh.
102
210
nor ah are
Apb. l, 1899.J
THE
BON DS.
■ • T .S T O C K E X C H A N O 8
W l S K EHDIKO M a r . 3 1 .
s-g
II
Oleartleld A Mah. See BR A P .
O l A k A C e q A 2 d g 0 S ..l9 3 O j
0 1 A Can l » t 5« t r r e c . . . l 9 l 7 j '
0 0 C A 8t L - G e n g 4 s ..l9 9 S .
Cairo D ir 1st gold 4a.. 1939 *
8t L D ir 1st ool tr g 4a.l9 9 0
R e g is t e r e d ................1990 2
Spr A C ol D ir la t g 4a. 1940 1
W W V a l D ir 1st g U . 1940 *
Ctn W 4 M D i r l i t g 4 a . 1 991 .
0 !n I 3t L A C l a t g 4S.19S6 (
Registered
........... 1986 (
Ctn 8 A Cl c o n l a t g 5 s . l 923 J .
Ind B1 A W l i t p f 7s..l0O O J -
Oonaol 7 s . . . . . ........... ,.1 9 1 4 J O o c io ls la k in g f d 7 e . .. l 9 l 4 ; J Registered .
C H R O N I C L E -B O N D
W eek ’ s
B ange or
L a s t S a le .
P n ce
T h u rsd a y.
i f a r . 3U .
S id .
91
94
A ik
L ow
Sale
Sale
•.........
.. .
91
95
52
100
Mar‘ 90
M a r'9 8
83
87 Aug* 9 a
■95* F eb '9 9
103*
103*
1 0 3 * Sale
.
H ig h . B o .
87*
93*
102
9C
■3-a
R ange
s in c e
J a n X.
BON DS.
N .Y . 8 T O C K E X C H A N G E
W e e k E n d in g M a r . 3 1
70*
87*
A Per© M g 8 s . . ..1 9 3 0 A - O
l i t con sol g o ld 5 s . . . . 1989 HI-N
FPlint
t H u r o n D lv la t « 5B.1939 A - O
91
03
......................
95
7 102
95*
104
28
35*
86
S3
30
30
1 0 2 * Feb '9 9 . . . .
1 3 7 * D e c '98
8s i i
83
23
102
S3
102*
H
1 3 2 * N o t ' 98
,19341J -
©«▼ A M arietta. See P a HR■
Olar A M ahon V a l g Be.. 1938 ;J - J 1*0
......
R egistered . , , . . . . . . . 1 9 3 8 Q n-J
OU t A Pitta. See P en n Co.
OOl M idl'd— la t g 3 -3 -4 s . 1947
72
74
l i t g 4 a . . . . . . . . . ............1947
Ool A 9th A t . 3 « M e t S t E y .
Ool am A G reen y. 3e* 8o Ry.
Ool H Y A T ol—C on g 5«. 1981
74
70
J P M A C o e n g e f * 885 pd.
23
32
G .g . 0a . J P M c t f i a t p d ...
58
......
S an . Man g. 4*, d o . . ...1 9 9 6
R egistered, d o .. . . . . . 1996
O o lA C t a M d . Sm B I O .
Ool Conn A T erra. Sae WAW
Ooxm A P m E ire l i t g 4a. *48 A - 0
ak A G t So. S ea C M A B tP .
alias A W aco. St* M K AT.
124
......
#•1 t a c k A W e*-era 7 a . 1907
Byr B ing A N T l i t 7 a 1906 A - O 1*5
......
M orris A Kasex l i t 7 » . 1914 M -N 1 I *3
.........
......
7 a ............. ............ . . . . . 1 9 0 0 J - J •107
i'U O K . . . . . .
......... U *
R e g is te r e d ..............191 5 J ......
» T L ack A W l i t 0 a .. 1991 J - ,•186
C on struction 5 e . .. ., 1 9 2 8 F~
• lie
.........
•105 . . . . . .
• k l A H o d l i t Pa D I t 7*. 19 1 7 1M
i 1*3
B egtit w ed . . . . . . . . . . 191 71M
A lb A d m 1st c o n gu 7a l 9 0 0 1A - O
R eg istered . . . . . . . . . . . 1906 A > O
S o ld 6a..........
1904: A - O l i f t " 1 1 ! !
R e g is t e r e d ..............1906 A - 0
152
Rena A 8ar ta t7 a ....... .1 9 2 1 M - N
.........
R e g is t e r e d ..................1931; M - s
B el BI t R ll Hg«. 8** Pa HR.
Oan C on T r C o la t g 5 i . . 1933 A - tl |» 6 7 * 100
D en Trace C o eon g Oa.1910 J - J
Met tty C o la t g a g 6 a 1v l ! J - J
D «n i K G r l i t g o l d 7 i . . IftOOjM N1
.....
l i t c o o g 4H a- . . . . . . . . 1 9 8 6 J - J • 1 0 0 * 101
im p n r ecnent g o ld S «. 1998 J - O
D m M A r t D, S u C R A l P.
Dee M A M inn. 8** Ch A N W .
D a a M U o Hr l i t g 5 e . . . i 9 i 7 m - n
De tM A T o l. 3«m L 8 A M 8 o .
D ot A Mack 1art Den g 4a. 1995 J - Ii
SOW 4 s ......................... 1995 J - D
Dul A Iron R ange la t5 a .1 937 a - O
R e g is t e r e d ,.,,...............1987 A - O
2d Tien m ortgage 0 e . .. l 9 1 6 [ J - J
D al R ed W A S le t g 6« .1988 J - J
D al Bo Sh ore A A t g 5 s . 1937 J - J
aat o f M in e. BasSiPM AM J
a a t T V e A G a . Ska.BoKy.!
Elgin Jot A B l i t g 5a. . . 194 1 M -N ......................
ED* L ex A B A . S** C A O.
j
Bias C ort A No. S ie L e b A N V .
B rie l i t e x t g 4 i . , . . . . . . . 1947 M -N 1 1 3 * 8*k.
8d e x t gold 5 a u .. . . . . . . 1 8 1 9 M - 8 •118
i d e x t g old i * s ...........1833 M - S * 1 1 8 *
U h e x t g old 6 * . . . . . . . . 183d j A - O •120
.........
f t h ext. gold 4 * . . . . . . . . 199 8[J - D •104
.........
l i t eoneol g o ld 7e, .., .1 9 9 0 M - »
lat eoneol gold fd 7 s . . 1990 M * 8
L on g D ock eon gold 6a, 1985 A - O 141
......
Buff S T A B rie l i t 7 a . l 9 l « J - D •140
Buff A 0 W g old 0e,...1 9 O H J - 4
“
Ul .....................................J * J
Jeff RH U t g o gold 5e. 1 0 O 0 A -O
to«
C b te A K t fe Latg 5 § . .. 198* M -N ......................
Ooal A K Il l i t o gu 6e. i w t t M-J*
D ock A Im p l i t eu r 6a. 1913 J - J m "
N Y A O reen L g u g 6 t ,!9 4 * M -N
S r i* la t e o n s 4 e p r bde. 1 99 6:4 - 3
93H 3*i«
R egistered. . . . . . . . . .,1 9 9 8 J - J
....
lateongenll«jg 4i....I990|J - J 7 2 Bade
B U g iitered .,. . . . . . . . , 1 9 9 0 1 4 - J
S T a * W - U t ref 5*. 1987 4 - J ■IOTh I 0 »
i d gold 4 * « . . . . . . . , „ 1 937 P - A
G eneral g 5 a .. . . . . . . . 1940 P - A " v U i s * !* “
Term inal l e t g 9 * . .. . 1943 M -N
Regia 8-5,000 each . 1943 M -N
W ilkAKajgl.atgu g5a 1942 4 «I>
*123
123
i A L Sap. 8** C A N W .
B e r e k a a p iin g i l a t g 0 e . l t 3 3 F - A
* t * T H l e t o o n 4 a . .. . . 1931 J - 4
l i t general gold 3a. ...1 9 4 9 A - O
M t v e r n o n l i t 6 i . . . . . . 1938 A - O
B S n ll C o B r 'c h 1at g 5a„ 1930 A * O
B T A l n l la t o o n gn g 0 a .. 1934 4 - J
Banco A 3 o . a** Ch M A « t P. 4
1 0 3 * F eb '99
107 D e c '98
1085$ 108i i
130
188
Feb '9 0
74
30
::::::
130
05*
99
24
64
70*
69
76
74*
M a r '0 9
25
70
30
80
34
64
12W
::::::
...
D
E
124
18©
144
107
111
143*
No t ’ 08 . . . .
J 'ly 'O a
14
10 143** i ‘4’ 4 "
Bep.’ 90
M ar*9»
!i< o « i i i
143*
143
143*
183*
U 7S,
108
140
143
1*1
M a r '99 . . . .
ifoO.'SM . . . .
A o g '9 8
8©p.*98
May* 97
D e c '* # . . . .
138
117
138*
117J*
......................1
..........
1 1 7 * MarV99
1171$ 1175$
103
141
M ar *99
May'9H : : : :
151
163
...... ......
92
Jan.'9ft . . . .
1 0 8 * Mar *09
100*
101*
109 M ar'ftv
105
105
90
92
I
M a r '19
9 8 * Feb/V ft
1 1 3 * M a r ’ 99 ***'
109
123*
110*
118
121
104*
145*
143
130
140
109
9
10 4 * 109*!
• 183*
Aug'WH
N o t '9a
Jan .’ 0ft
J'ne'OH
Feb *90
Dec'ftM
* e p .'9 8
F e b '9 ft
1 U5J$ ia35*|
106
Feb'ftft
1 1 4 * Mar’ 99
•**•*•
106
106
1 1 1 * 115
. . . . . ......J
......................
9 2 * 95 '
lo o
o©t-'V4
» l*
93*
O s * M ar'9ft
45
166
iVx
is i
145
i ’4 5 *
140
140
71*
77
28
"is" "ii’
106*
i o * '*
122 M a r'0 9
25
08* i o e *
122 122
1 9 1 * J a m ’OV
106*
10H *
ivrM
’ 99*
io 6 "
t#
j
tc«"
Vo’s *
1 IH A
97
97*,
ill
O a t-'»3
107*' 1 09 *1
i i i * 12 1*
27 1 0 0 * 1 0 8 *
*13 ‘ 0 0 * 1 0 8 *
* B o p r l c e r n d a y ; th ese are latest hid and asked th is w eek, f B on d s d n e A u gu st.
OUTSIDE SECURITIES
Bid. A » L f
I2 n a 6 s c b r 1 *
C U f G a * . N orfolk V a ) . . . .
SO
45
l i t fls
........................... (10 1
CHy H A L (F fto r te l 5n ( . . . . . 94
Ool am bn « (O ) Gas— 8t 00k
02
1 f t 5 « 1932 . . . ........JAJ 1105
107
Jonsoild G «s ( N J )—#tck
20
23
1st 5s I 9 :v i...............J A i
84
88
42*
48
61*
B on d s 5 e . . . . . . . . . . . . . . . .
OOTisorn Gas (J C i t y ) - 8tk *9*6" • v « ”
l i t 6 * .................. .M A N 107
M w o l i Q « — 8 m W T K x , ft. list,
(G iv e n
at
foot
of
Bid. Ask.
Owe 8
ri tl a s .
79
70
Fort W ayn e (In d )—
k
1st 6# 1 9 3 5 . . . . . . . . .J&J
81
70
G rand Rapids— B lo c k .......
97*
1st 5« 1 9 1 5 .......... ..F A X 1109
105
H a rtfo rd (C t) Gas L . . .26 f 43
Indiana N atA 111 Gas— Btk
60
56
l i t 6a 1908 ....... MAN
75
78
Indianapolis Gas—St-ook
100
101
l e t 6 * 1 9 2 0 ............ .M AN 104
i Jersey City Ga* L i g h t .... 910
! Laclede Gas—N Y 8tn«k B sob ,
70
| L a fa y e tte (ln d ) Gas—8tk
78
___la t 6> 1 9 3 4 ,,..........MAN
1M 1
101
106
Week’s
Range or
Range
since
Jan. V
L a s t S a le .
Ask. Low, High. N o. L o w , H ig h
........
Sale
130*
102
105
101
J 2 «*
10 2 '
M a r ’ C_
M a r ’ 99
2
21
105 M a r '9 8
33*
$4*
65*
60*
1 2 0 * 124
100 * 102 *
100 106
1 0 1 10 1
83
S3f
02
101*
108}
106 D e c ’ 9i
100 Jan .’ 99
99*
100
10 2 *
100
9 7 * 104*
1C 4 * M ar*99
113
114
1 1 2 * N ot ' 98
105 Jan.’ OO
lO B H A p r /9 8
l i t * 114
105
104*
104*
101
100*
105 107
104*104*
108 1 0 5 *
1 0 3 * 105**
105
J a n .'9 9
M ar *99
Mar*l«>
S ep.’ OS
104
i o i * ‘ F eb ’ 99
” 9 9 * 250
39*
8 8 ** M a r '09
97“
90*
81** *8*3*
85;
“97*
104
98*
94 * *98*
1 2 0 * F eb ’ 99
123 S e p .'08
120
1 0 4 * F eb 90
104* 104*
I2 t
K e b '9 f
9 4 * D ec V 8
90 N o t ’ 98
iV i" m *
5
108
135
105
M ar *90
125
00
109
M ar *90
109
102*105
104*108
124*125
v«2 * 97
60
63
107 110
98
93
126*
K
107
109
100
1 0 1 * ,;
1 0 a * 109*
10 1 0 2 * 107 |
43
1 0 4 * O ct/ftb
ill
123
102 H
G
..................
......... . . . . . 114
O ct,’ 97
..................... 1 0 7 * F e b ’ 97
8 5 * 86
30 Sale
•102
................ .
P r ic e
T h u rsd a y,
M ar, 30.
Fla Cen A Pan l a t g o s .. 1918 J - J
106
........
105 ........
la t land gx e x t g o ld 5s. 1930 J - J
C on sol g o ld 5 a . . . , . . . . . 1 9 4 3 J - J 108 107
F t S A V B Bge. S<* StLA SP.
F o rt St U D Co la t g 4 ^ a l f l 4 1 J - J
Ft W A D C—1st g 4-08.1921 J - D
S 4 « Sale
66 Sale
F t W A R io G r la t g 3-4s. 1928 J - J
F u lton E le y . Set K ings Co El.
al l i a r A S A . See 3 P Co.
al H A H o f ’ 83 1st 5 a .l9 1 3 A - O 1 0 2 ^ Sale
Ga A A la Ry 1st p f g 5 a .l9 4 o A - O 1 0 6 * ........
101 ......
Ga Car A N o 1st gu g 5«.1929 J - J
G eorgia P a d d c . See S o Ry.
Grand Rap A ln d . See P a Co.
a n A S tJ . S saC B A Q
ou saton ic. St* N Y N H A H .
106
H on st K A W T l i t g 5*.1083 M -N 104
H on s A T e x Cen. See So P Co.
118 Sale
f iltnois Cen t la t g 4 a ... 1951 J - J
X R e g iste re d .......... ....1 9 5 1 J - J
la t g o ld S K s....................1951 J - J
R e g iste re d ....................1951 J - J
1st g o ld 8s s t e r li n g .... 1951 M - 8
R e g iste re d ....................1951 M - 8
Coll T ru st g o ld 4 s ........1952 A - O 10 5 Sale
R e g is te re d ....................1952 A - O
L N 0 A T e x g o ld 4s 1958 M -N ♦104 105
R e g iste re d ....................1958 M -N
Coll tr 2-10 g o ld 4 s . . , , 1904 J - J
R e g is te r e d ...................1904 J - J
W estern L in e 1st g 4t-1051 F - A
R e g is t e r e d ..................1951 F - A
08* .
L o u liT ille D it g 3& b .19 5 3 J - J
R egistered .................. 1953 J - J
83
8 t L o u is D ir g 3 s ........1951 J - J
R eg istered . . . , . . , . . , 1 9 5 1 J - J
G o ld 3 } * i ......................1951 J - J
0*3*.
R e g is t e r e d .............. 1951 J - J
Cairo B rid ge g o ld i s . 1950 J - D
K e g tit e r p d ..................1050 J - D
115
M id dle DIt reg 5a........1921 F - A
Spring D ir l a t g 3 ^ « .1 9 5 1 J - J
R e g is t e r e d ..................1951 J - J
C hic St L A N O g 5a. .l9 5 1 J - D
R e g is t e r e d ...............1 9 5 1 J - D
G old $ H *..................... 1951 J - D
R e g is t e r e d .............. 1931 J - D
M em D1t 1st g 4 s . . . . 1951
D
R egistered................ 1961 J - D
B*U « t A Car 1st 0 a . . . .1 9 9 8 J - L
8t L Sou 1st g o g 4 a ... 1981 M - 8
Carb A S l a t g 4 s ......... 1989 M - 8
Ind B1 A W . See C C 0 A 8 t L.
104
ln d D ec A W l
i
t
1935 J - J
ti;d HI A la U t r e f g 5 a ., 1948 A - O
ln t A G t N o l i t gold 6a, 1919 M -N 1»4H
93
95
8d gold 5 * ............. . . . . . . 1 9 0 9 M - 8
58
8d gold 4a , , , „ . ............ 1981 M - 8
Iow a Central l i t g o ld 5*. 198* J - D
Iow a M idland. 3** Ch A N W
Jefferaou HR- 8*4 Erie.
al A A G K. See L S A M S .
an A M ich. 3*4 T o l A O C.
K C A M R A B 1st g u g 5a. 1931
66 Sale
K C P A G la t A o .> lg 5 a l 9 <
K an C A Pan. 3*4 M K A !
Kansas M id. 8** St L A 3 ?
K en tu cky Cent. 8*4 L a N
K eok A D m M. 8*4 C R 1 A P.
«0
........
K ing* Co K1 ser A la t g 5* 95 J - J
SO . . . . .
Ful El l a t g o g 5* s i r A - 29 M - 8
K noxTU lo A O hio, St* So Ry
I U U ] 19
T a k e K r lo A W I « t g 5 a .l 9 3 7 J - J
1 0 9 * Sale
X j 3d g o ld 5 * . . . ............1 9 4 1 J - J
N orth O hio ia ttfu 5 a .. 1945 A - O 100 dale
L 8 A M S. 3*4 N Y Cent.
105
Leh Val (P a ) coll g 5a .1 9 9 7 M -N n o a
Registered ......................1997 M -N
I s h V N Y U t g u g 4 H s . 1940 J - J
R e g is t e r e d ..................... 1940 J - J
l<eh V T e r R y l i t g u g 5 * l 9 4 i A - O
R e g is t e r e d ........ ,., . . . . 1 9 4 1 A - O
L V Coal C o le t gu g 5a. .19 3 3 J - J
R e g iste re d ....................,.1 9 3 3 J - J
Lab A N X l i t gu g i s ..1 9 4 5 M - 8
w * ..
R e g is t e r e d ,..............,.1 9 4 5 M
B IC A N i s i g U t pifte. 1014 A - O
G old guar 5 a , , . . . . . . . 1 9 1 4 A - 4
I ^ h A W tlkeab. 344 Cen t NJ
L eroy A C aney Ya*, s ** M o P.
I^jx A t A P F. 344 M e tS t Ry.
L R A M l i t g 3 a l 9 S 7 T r etfs
85 Bale
lx>ng Dock, 3*4 Erie.
I>jtLg Iil*d— la t ©on g 5s.19.3l Q-Jl 195
l i t ©on g 4s
1931
♦108
G eneral g o ld 4 a .. . . . . . 1988
Ferry l i t go ld 4 H i . , „ 1 9 2 2 M - 8 100
G old 4 # , , . ....................... 1933 J - D •1 0 0
95
D ebenture gold 5«.........198* J - D
t* Y A R B l a t g 5 a ,. . . 1927 M - 8 *100
2d inoona© .................. 1987 Hep
107
N V B A M B o o n g 5s.. 1935 A - O
Bklyn A M on le t g 0s. 1911 M - 6 115
la t 5*....................... .,,1 9 1 1 ML- H 104
95
N or S h b 1 s t 00a g g u 5 a ..’32
O
N Y Bay K x R l i t gu g 5s'43
.1
M ontaak E x gu g 5 i . . . 1945 J - J
U A M o R I r . 3*4 Chi A AIL
L B A 8 t L C o n on g 5a T r cert*
G eneral g o ld 4a..............1948 M - 8
L ou A N ash—C ecel 8 r 7s 1907 M - 8 106 ......
N O A M l a t g 5r . .. .1 9 8 0 J - J 181*4 Sale
3d gold 0 s ............... ...1 9 8 0 J - J ......... 133
B H A Nash U t g 0 s . . . 1919 J - D 116 ......
Genera) g o ld 6 a . . ......... 1930 J - D
110* ...
Pen* sc'via d ir ^ o ld fli. 1 9 2 '' M - 8
*♦ I, 0|t 1st nr «*..
.1991 M - 8
» » « 1085$
....
ssi
II
Bid.
L ow . S ig h
607
PRICES (5 pageB) Page
pa
75
S5
85
65
60
85
85
118
U 0
105
20 1 0 8 * 110
67*
80
77
118
107
105
238
116*
110
100
1C 5
Aug'Ow
1 0 5 * 107
*’ M a r*99
lid
1 1 3 * M a r '9 9 ’
1 0 9 * J ‘ ly *97
98 F ob *99
98*’ F ob ’Vii
101
n s *
30
90
91*
98**
8 ep .f07
85
17
b5
38
37
120
1 2 2 * M a r ’ 90
12 - *
*9*b" 100**
99 101
100
100
31ar '90
Mar *99
100
J a n .'9 0
100
100
1 0 7 " Jan.*'90
107
iS I "
00*
9
106
181
122
117
120
103*
‘ 25
M a r ’09
9*
No t ’ 97
131*
M ar'99
N o r ’ 08
120
S ep.'07
D eo *98
* Bond# da© A p ril, i Bon ds d u e Jan u ary, l B o n d i d u e
7 c o n s e c u t iv e
68 *
65*
72
10
75
130* 181 *
117
123
1 1 7 * 121
u O p t t o a a a io .
am ). — & A 8 S E C U R IT IE S , <£c
Bid.
G o * 8 e n a r it le * .
L oganspt A W a b V al—»tls
56
1st 0a 1 9 2 5 ...............JA D 72
M adison (W ls ) G as— 8tck
03
1st 6s 192 6............. A AO (1 0 5
O hio A Indiana— S t o c k ...
56
l i t 6 i 1938 ............. JA D
72
P eop les Gas A Coke— N T Stock
P h iladelphia Co— See Boa to n L
Bt Joseph ( M o ) ..............
45
5* 192 7...................... ,JA J
03*
8 t Paul G a * - 8 t o c k ...........
60
C onsol 6* 1944 . . . . MAS $ 8fl
U raouae G as—StOdk........
17
Ask.
60
76
07
109
60
75
Rxoh
1st40
95
51*
00
19
a id .
O a « H e cu rltlm u
82
S rr'seG a e— l i t 6s ’ 46. J AJ
97
W e ste rn Ga* (M llw ).........
5s—Be* N Y Stock K xch UaL
T e l o g . «fc T e l o p h .
Am erican D Ut T e le —N Y Stock
Am erican T el A Cab— N Y Stock
Central A South A m e r .... 112
"b e e A P o to T elep h —8tk
«i>$
103
B on d 5a......... . .
lom tn ercla l C a b le ,. . . . . . . 185
om m er U nion T el (N Y ).
B uipire A B a y State T e l,. 1 '7 ®
(A n d interest. tPrlow PUT »h
A sk .
34
99
H ic k
>Uoh
115
65
105
lit
80
THE
808
BONDS
■ L Y .8 T O C X E X C H A N G E
W e e k En d in g M a n . 3 1 .
C H R O N I C L E . — ttONJ
irrxce
T h u rsd a y,
M ar. 30.
h-S
A sk. Low .
B id .
JLou A N u b (Con.)
flC L ou is D lv id g 3s.. 1980 M - 8
N ssh A D ec 1st 7 s ........1900 J - J
Sink fd (8 A A ) g 6 a ....1 9 1 0 A - O
i A N A oon g u g 5 s . . ..1 9 8 0 K- A
G old Os.............................1987 M -N
J oin ed g 4 s .....................1940 J - J
R eg istered ...................1940
C ol tr 3-20 g 4a ....1 9 0 8 -1 8 A - O
P sub A A tl 1st g a g 0s. 1921 F - A
C oll truBt g 5 b .............,.1 9 3 1 M -N
L A N A MAM 1 s tg 4 * 8 1040 M - S
N n s A 8 1st g o g 0 b ..1 9 3 7 F - A
K entuokv Cen t g 4s. ..1 9 8 7 J - J
L O ln A L e x g 4 * a ...,1 9 3 1
A Jeff Bge C o p g 4b . 1945 M - 8
N A A C . S O C IA L .
L o n ls By C o 1st ©on g 5s. 1030 J - J
ahon Coal. See L 8 A M S.
anhattan B y oon 4a 1990 A - O
M etropol HI 1st g 6 s ... 1008 J - J
2d 0a..............................1800 M -N
M an 8 W C olon la g 5 s . . . 1934 J - D
M arket 8 t C B y 1st g 6s. 1013 J - J
M e K ’ p t A B V . S rsP M cK & Y
M etrop olitan HI. Sea Man Ry.
M e t 8 t B y gen o tr g 5 b. . 1007 F - A
B w a yA vth A v lflto g 5s. 1943 J - D
R egistered ..................1943 J - D
C olA O th A r 1st gu g 5s. 1993 M - 8
R e g is t e r e d ................. 1998
X e x A t A P F 1st gu g 5s.'93 M - S
Registered ....................... . M - S
fltiex C en t oon gold 4 b . . . 1911 J - J
1 s t oon lnoom e g 8 s . .. 1930 J ’ lyt
2d oon Incom e g 3 s . . , . 1939
X q ulp A ooll g o a . . . . * . i 0 l ? \ - 0
M ax I n t e m a t ls t o o u g 4 b.’ 77 M - S
M ax Nat 1st gold 0 s . . . . .1927 J - D
2d Ino 6s A Cp stm pd. 1917 M-S*
2d incom e gold 0 b B ..1 9 1 7 An.*
■Mex N orth 1st gold 0 s .. 1910 J - D
R e g is te r e d ................... 1910 J - D
M lob Cent. See N Y Cent.
M id o f N J. See N Y 8ua A W
.Mil K1 Ry A L 8 0 -y r g 5s. 1920 F - A
M L 8 A W. See Chlo A N W
M il A Mad. See <?hlc A N W
MU A N orth. S e e U h M & S tP
MU A 8t P. See Ch M A St P
M in A Bt L gn. See B C R A N
MId e A 8t L— 1st g 7 b ..1 9 9 7 J - D
1st cons gold 5 e .......... 1984 M -N
Io w a e x 1st gold 7 b . .. 190w J - D
South W est e x 1st g 7 s .’ 10 J - D
P acific e x 1st gold 8 b . 1921
M A P 1st 5 b at 4 b ln t g u ..’ 30
M 8 SWA A 1st g 4 b lnt g u .’ 26 .1 - .1
M 8tP A 88M c o n g 4 b ln tg u ’ 38 j - J
M inn 3 t Ry lB t c o n g 5 b . 1919 J - J
M inn Dn. See St P M A M.
M o K an A T e x — 1st g 4s. 1990 J - D
2d gold 4 b .......................1990
1st ex ten g old 5 s ......... 1944 £ : AJ
M K A T o f T 1 st gu g 5 b . ’ 42 M - 8
K C A P a c 1st g 4 a ....1 9 9 0 F - A
D al A W a 1 st gu g 5 b . 1940 M -N
B o o n e v B d g C o g u g 7 a ..’ 06 M -N
T eb o A N eosho 1st 7s. 1903 J - D
M o K A B 1st gu g 5 a ...1 0 4 2 A - O
M o P a o —1st oon g 6 s . . .1920 M -N
3d 7 s ............................ iwuh M -N
M-Bt
R e g is te r e d .
M -St
F -A
F -A
F -A
J- J
M -S
J- J
F -A I
S tL J
M -N
J -D
A -O
A -0
rr
R an ge or
L a s t S a le.
00
•105
70
......... 107
107*'
110 Sale
9 0 * Sale
io S "
no
95W
100*
112
100
no
107
04
io o %
111*
1^ 0 *
108
107
04
108
101
.........
.........
.........
.........
.........
109
1 0 9 * Sale 1 0 0 *
117 Sale 117
i o * w ......... 102%
...... ......
No t '9 8
i o s w '* ‘0 i'o flii i o 8 «
5 1 0 7 «1 1 0 M
no
04% 96.4i
9«W
lo i
M ar’ 99
Mar ’ 99
Jam ’ 99
107*
Feb.’ 99
Jan .’ 98
51
120*
124
......... 124
•12*5
io i
112
no
108 108
Vo 1 0 6 * 1 0 9 *
91
94
.....................
............ ...
M m ’ 98
95 1 0 9 *
1 0 0 * 072
us
117«;
117
5 102*102*
102%
......................
121*
124
05 1 1 8 % 1 2 4
122 1 2 5 *
128*127
M ar’0 i
• is ® " 1 2 5 * 1 2 4 * Mar ’99 . . . .
.............. “
124
120*
OSH
88«
......................
6 8 * Jan .’ 99
..................... .....................
8 7 * Sale* '8 7 M
•103
.........
lo o
I 'l
108
..................... .........................
1 2 1 * Sale
124 Sale
i
H i g h . N o . L o t o .S i g h .
......... ............
t
M
R ange
s in c e
J a n . 1.
• ss
ft o
'8 7 H *75
......
'
84H "S8M
......
0 * D eo *98
97 F eb ’ 97
.....................
1 0 5 * Feb.’ 99
103*105*
1 4 7 W ......... 140 Jau .’ 09
1 1 3 * Sale n s «
113W 22
•124
......... 125 Jan .’ 99 . . . .
127 Jan .’ 99
145
now
125
127
140
U 8W
125
127
93W
9m 173
67M
68W 150
9u M a r’ 99
8 6 * M a r ’ 99
To
78*
70
7
05
95
»1«
05*
82
80
75*
85
90W
71
90
90
32
05
94 Sale
08 Sale
87
89
85
89
7 8 * 8ale
* 93
97
27 1 0 1 * 1 0 6
......... 1 0 4 *
100
Sale 120
1 2 0 * 154 1 0 8 * 121
......... 1 1 4 * M a r’ 99 . . . . 114W H 5W
110
101
100
100
» i « io o w
105
120
110
99
9 4 * Sale
94W
9SH
40
1O 0W ......... 107 M ar ’ 99
1 1 1 * Jan.’ 99
* ......... 107
100% Sale
111% 8ale
88
90%
100 1 0 7 *
m w in k
1 0 5 * M ar ’ 99
2
100%
100%
5
io s w
io e w
60S
111*
112
1 1 1 * M ar’ 99
105%
100*
105*
105
110
103*
107*
106*
112
111*
J - J
J - j
J - J
Small,
noom o f
Sm all.
J -D
. . . . . . 1 2 9 * 1 2 7 * Mar ’ 99
1st exten sion gold 08.192'; q - j * ......... 122
8 5 * Bale
M- S
SaW
8SW
F - A *107
108
107 M ar’ 90
J -J
125 128
117 1 1 8 *
38
8 2 * 88
100 108
M ononguhela R1t . See B A C
M on t Cent, See 8fc P M A M
M ontauk Ext, See L on g Is.
M organ ’s L a A T. See 8 P Co
J - J
J -J
A -O
J- J
J - J
J -J
1 3 2 * Sale
107
........
132*
132*
1 0 5 * N ov’ 9 <
108
108%
115
Nash F lor A 8 h ef. See L A N
N e w H A D . See N Y N
N J Jun e R R . See N Y
N J Southern. See Cet
15
132
182*
25
108
I0fc%
115
115
M a r’ 99
A-O l
& Y B A M an Bob.
See L L
J - J
J - .1
;M -S
M- 8
R eg deb 5s o f . .
tu w
114
io e w
10ft
100
.........
.........
..........
.........
.........
115
114*
118*
119H
lOfti^
Mar ’ 09
M a r’ Ofi
Jan .’ Ol
Jan.’ 9S
sen.*97
* N o prlo© Friday; th e e e a r e la te st bid and asked turn w ee*.
OUTSIDE SECURITIES (G iven
T e l e s . Ac T * l e p h
___
________ __
jene T e le s & T eiep .—See
Ask.
List.
60
02
22u
List.
E le c t r ic C o m p a n ie s .
A llegh en y Co L ig h t C o ...
Brush E le ctric C o .............
Br’ dgprt (C t) El L t Oo.25
Consol E lectric S to r a g e ..
Eddy E lectric MJg Oo..25
E dison El 111 Co N Y—N Y
Edison El 111 Oo Brk—N Y
Edison Ore M illing O o ....
Edison sto ra g e Co.
B id .
A sk.
N Y Cent (Con.)
103 .
D eben tu re g 4 s . . 1890-1905 J - D
103
.
R e g is te re d ........1890-1905 J - D
D e h to e rts e x t g 4 s . . . . 1905 ill-N 1 0 3 * .
R e g iste re d ................... 1905 M -N 108
111* .
G S * s ................................ 1907 J - J
R e g is te r e d ................. 1097 J - J
L ake Sh ore col g 3 * s . 1998 F -A 1 0 0 * Sale
R e g is t e r e d ..................1908 F -A
99
8*aie
M ich Cen t co ll g 3 * g , . 1998 F -A
R e g is t e r e d ..................1998 F -A
H arlem 1st 7 s ................1900 M -N 100 * m ; i ;
. ..
R e g is te r e d ...................1900 M -N 100
N J Jun o R gu 1st 4s .1980 F -A 103 .........
R e g is t e r e d .................. 1980 F -A
W e s t 8 h o r e 1st 4s g u .2301 J - J U 4 * Bade
.....
R e g is te r e d .................. 2801 J - J 114
110
.........
B eech C rk 1st gu g 4s. 1930 J - J
R e g is te r e d ...................1930 J - J
2d gu g o ld 5 s.............. 1930 J - J
R e g is te re d ................... 1936 J - J
Clearfield B ltum Coal Corp
1st s f lnt g u g 4 s s e r A . ’ 40 J - J
Small bon d s series B . . ’ 40 J - J
G ou t A Osw e 1st gu g 5 s .’ 42 J - D
R W A O g c o n l s t e x t 5 s . ’ 22 A-O* 132 Sale
N or A M o n t 1st gu g 5 b . ’ 10 A - O
R W A O T R l s t g u g 5 8 . 1 8 M -N
Oswe A R 2 d gu g 5 s .. 1915 F-A 5 112 113
111
........
U tica A Blk R l r g u g 4 s .’ 22 J - J
M oh A Mai 1st gu g 4s. 1991 M - S
C art A A d 1st gu g 4s. 1981 J - D
N Y A P u t l s t o o n g u g 4s.’ 93 A -O
N Y A N orth l s t g 5s. .1927 A -O
L a k e S hore A M ich 8 o u th —
D et M on A T o l 1st 7sl9O 0 F -A
L ake S hore d lvld 7s. 1890 A - O 102
C onsol 1st 7 s ......... 1900 J - J
R e g is t e r e d ......... 1900
O jn s o l 2d Vs........... 1003 ? : «
R e g is te r e d .......... 1903 J - D
G old 3 * s .............. 1997 J - D
R e g is te re d ........... 1997 J - D
CinA 8 I s t g L S A M 8 7 s ’ 01 A - O
K A A G R 1st g 0 5 s .l9 3 8 J - J
125
........
M ahon C’l R R 1st 5s. 1934 J - J
M ioh C en t—1st c o n 7 s l9 0 2 M -N 112
1st co n 5 s .....................1902 M -N *100 107
6 s ....................................1909 M - 8 120
........
5 i .................................... 1931 M - 8 125
R e g is t e r e d ............. 1931
M
4a.................................... 1940 _ - J
R e g is t e r e d .............. 1940 J - J
Bat C A St l s t g u g 8 s . ’ 89 J - D
N Y Chic A S t L l s t g 4S.1937 A -O 1 0 7 * Sale
R e g lfL r e d ...................... 1937 A -O
N Y A G reen w L ake. See B rie
N Y A lia r . S « e N Y O A H n d .
N Y L a ck A W . See D L A W
N Y L B A W . See Brie.
N Y A M an B ch . See L o n g Is.
N Y A N B . See N Y N H A H
N Y N H A H a rt l s t r e g 4 s . ’ 03 J - D
C o n v e rt deb certs f 1,000 .. A - O
Sm all c o r tfs 2 1 0 0 .............
H o u s a t o n i o R c o n g 5 s .l9 3 7 M -N
N H A D e rb y c o n 5s. ..1 9 1 8 M -N
N Y A N B 1st 7a......... 1905 J - J 120
1st 0 s .............................1905 J - J 114%
N Y A N orth . See N Y C A H .
N Y O A W co n 1st g 5 s . 1939 J - D 1 0 7 * Sale
Sale
R e fu n d in g 1 f t g 4 s . . . . 1992 M-SI 104
R eg is 2 5 ,0 0 0 o n l y .. . 1992 M-Sll
N Y A P u t. See N Y C A H .
N Y A R B. See L o n g Ial.
N Y S A W . .See Brie.
N Y T e x A M . See So P ao Oo.
N orth Illin ois. See Chi A NW .
N orth O hio. See L B rie A W.
N orth ern Pacific—
117
.
G en 1st R R A L G s f g d s . ’ 21
110* .
R e g is te r e d ................... 1921
*130
.
St P A N P g e n g 0 s . . .1923
R eg istered c t f s ..........1923
104
Sale
P rio r lie n r A 1 g g 4 f , .1907
R e g is te r e d ,..................1997
* 0 7 % Sale
G eneral lie n g 3 s ..........2047
R eg istered . . . . . . . . . . 2 0 4 7
W ash C en t 1st g 4 s ,. . 1948
N or P a c T e r C o 1st g 0S.1938
Nor R y Cal- See C en t P ac.
N o r W ls . See C St P M A O .
N or A S outh 1st g 5 s . . . .1941 M -N
N or A W e s t gen g 6 s. ...1 9 3 1 M -N
N ew R iv e r 1st g 6 s . ,. .1982 A - O
Im p rv m t A e x t g 0 s . . . 1034 F - A
C O A T la g u g 5 s . .. , 1922 J - J 109
........
Sclo V A N E l s t g u g4s. 1980 M -N
N A W R y 1st o o n g 4 s . 1906 A - O ' 9 5 * Sale
R e g is t e r e d ..................1996 A - O
S m a ll.............................1000 A - O
Nor A M ont. S eeN .Y .C ent.
In d A W . See C C O A StL.
h lo A Miss. See BAO SW .
O hio R iv e r R R 1st g 5s.. 1930 J - D
G eneral gold 5s............. 1937 A - O
O hio S outh.geu 1st g 4a. 1921 M -N
B n g T r C o c e r t f s ....... .
Om A S t L le t g 4 s ..........1001 J - J * 80
........
Ore A Cal. See So P a c C o.
Ore R y A N av 1st a f g 0 § . 1900 J - J 1 0 2 * Sale
Sale
Ore R R A N av o o n g 4a.. 1046 J - D 102
5re S hort Line l s t g 6a. 1022 F - A ‘ 1 2 8 * . . . . .
U tah A N or lBt 7a........1908 J - J
G old 5a............. .........1920 J - J
1 1 1 * Sale
Ire Sh L —lBt co n g 5 b.. . 1046 J - J
8 0 * Sale
N on-cum Ino A 5 s ........1940 S e p .i
7 0 * Sale
N on-cu Inc B A c o l t r . . 1946 ' ct.*
lawego A R om e. See N Y
-> ^ w 9. hi p .
r * x>
*.
...
....
*
O
* D ueJa .
at foot of
T e l e g . A T e le p n .
S outhern & A tla n tto.........
W e s t'n U nion T e le g —N Y
trxce
T h u rsd a y,
M a r. 30.
u D uo Ju n e.
<t D u e M ay.
1 D u e N ov.
Range
Week’s
Range or
Last Bale.
Low .
104
104*
107*
104*
112*
111*
100
98*
98*
99
100
106
103
since
Jan. L
H ig h . No.
Low. High*
D e c ’ 98
F e b .’ 99
105*107*
F eb .*99
J’ n e’ 98
11*6% 1 1 2 *
M ar ’ 99
111* H I *
Feb ’ 99
99*102*
1 0 0 * 020
98
99%
M a r ’ 99
28
98 102
99
97* 99*
M ar’ 9 9
106 108
M a r ’ 09
100 1 0 0 *
M a r ’ 99
M ay’ 97
.1 0 * 1 1 4 *
100* 11S*
114”
114*
118*
113*
108 N o v ’ 98
100 J ’n e ’ 98
J ’ly ’ 98
180
107
132
A u g ’ 98
1 2 8 * D eo ’98
121
102*
107
106*
117*
110*
110
100
108*
A p r.’ 98
F e b ’ 09
M a r ’ 99
F e b ’ 99
M a r ’ 99
Jan .’ 90
110*
J a n .’ 99
D e c ’ 9'
m "
112
104*
122
121*
125*
106%
108
0ct.*’ 98
M a r ’ 99
D e c ’98
F e b .’ 98
J ’ n e ’ 98
J a n .’98
F e b .’ 08
J a n .’98
102 * 102*
1 0 5 * 107
105* 100*
118* 117*
11**110*
28 100
n o *
106
100
11 V* 112
100
108
1 0 4 * Oot.
1 8 1 * M a r ’ 99
180
180
120% A u g ’ 98
78
178
184
180
1 2 0 * M a r ’ 99
1 1 4 * J a n .’ 99
120
114
120*
114*
1 07 %
107*
104
104*
10 L% N o v ’98
100 1 0 7 *
1C 3 * 100
107*
107*
104
N o v ’ 08
118
117
131*
130
m s*
103*
07 %
1 1 4 * 118
M ar’
O ct ’ 08
D e c ’ 98
Sen. *98
452 101% 104
104
103 * 103*
M a r ’ 99
150
6 7 * 70
68
92
155
F eb ’ 99
F e b ’ 99
102
130*
128
117*
101
98
93*
J ’ n e ’ 98
F e b ’ 99
N o v ’ 93
A u g ’ 98
F e b ’ 97
98*
86
102
J a n .’ 9S
00
113
02
110
130
130*
9 8 e p .’ 98
8 * Sep.*98
82*
82*
111*
H I*
101%
102*
128*
128*
121 M a r’ 99
102 M ay’ 97
111*
111*
80
86*
70*
71
00*
88*
98*
96
80
85
n o
113 *
1 0 0 * 108
1 2 8 * 182
121
121
108
112
85
80*
65* 74*
a T h e se are o p tio n aalef*
7 consecutive pages).— TELt <£ E L E C T R IC , <&c%
B id. A sk . 1 E l e c t r i c C o m p a n i e s ; Bid.
B a st E n d E le c tr ic L i g h t .1 .........
0a
2*
Stook E xch E le c tr o -P n e u m a tic ...........
F o rt W a y n e E le c. C o ..2 5 j
4c.
Series A ............................
100
G eneral E le ctric Oo—N Y Stock
175
D o p re f.—Sec B o s to n L iat.
43
48
H a rtfo rd (Ct) E l e c L t Co. 180
45
t 41
H a r t fd (C t ) L tA P ow C o2 5 't 5
9
10
Mo E d ison B lecti I
c
,
25
t 1SW 15
D o p referred ....................
00
N arragan. (P r o v )E lC o .5 0 fx 9 0
Stock
New H av (C t) E le c L t Co 185
4
0
25
R h o d e Island E lec P ro *
30
i
E x ch
ASX
138
100
18
12
t 90* 97*
105
W o o n s o c k e t ( R I) El C o.. 103
140
15
27
07
F e r r y C o m p a n ie s .
B ro o k !>n F e r r y -S to c k . . .
47W
B o n d s 5 s ........................... 9 9 7 *
M etropolitan F erry—5 s .. 107
125
1st 5a 1 0 4 8 ...'......... J&J $103
5A n d Interest, tP r lce
Ask.
E l e c t r i c u ofj< i>« le a .
T o r o n t o (C an) E le c L t Co.
3 * T h o m Honet W eld in g Co.
Sc. U nited E le c L t& P Co pre f
Bm
136
S.
182
115
80
1 D ae Jaa .
BO N O b.
N .Y . S T O C K E X C H A N G E
W e e k E n d in g M a r . 31
[V ol. LXVm.
■8
FragLklln.........................
A S to ck ..................
R o n d s .. .. ....................
H u d son R iver T eleph on e
In ternatlon O ce a n ...........
M exican T elegraph...........
M exican T eleph on e— See
N ew Bng Telep—Ses Boat
N orth w estern T eleg ra p h .
N Y 4 N J T ele p h o n e —
U 1 9 8 0 .................... MAN
£ ac IQc A A tla n tic ......
Bid.
Boat
42
117
00
87
115
215
Boat,
on Ilet
115
177
118
75
114% 1 1 7 *
m w
n o w iis w
n s w iis S
PRICES (5 pages) P age 3.
4 W
98
105
are__
A p r . 1, 1899.]
THE CHRONICLE -B O N D
j
P r ic e
BONDS.
ts.2 j T h u r s d a y ,
N .Y . S T O C K E X C H A N G E £ t
H a r. 30.
W e e k E n d i n g M a e . 31
B id .
L o w . H ig h
A sk.
3 s t P A W ta t co n g 6s. 1934 A - O 128
105
108
l a t g 5 s ............................. 1934 A - O
S cio to Y al A N E. Sw N or A W
Scab A R o a 1st 5 s . . . . . . . 1936 J - J
114*4 n e w Sea A B B d ge. S « B k lyn El.
U S * U 6 * Sod B a y A So 1st g 5 s . .. 1924 J - J
So Car A G a 1st g 5 s .. . .1919 M -N 108
Sale
S outhern P acillo Go—
G al Hal* A S A 1st g 0S.191O F - A 111
114)4 118
114
110
US
118 118)4
2d g 7 s ......................... .1905 J - D
M e x A P a c d l r I s t g S a .’ Sl T I N 104)4 Sale
H o n s A T C 1st W A N 7s.’ 03 J - J
1st g 5s in t g t d .........1937 J - J
105)4 107)4
C o n g 0s Lnt g t d ........ 1912 A - O •110
90
1 3 8 )4 1 4 1
G en g 4s int g t d ........1921 A - O
Sale
M organ’ s L a A T l s t g 0 s .'2 O J - J
1st 7 s .............................1918 A - O
N Y T A M e x g u 1 s t * 4 s .’ 12 A - O
102)4 104W
Ore A Cal 1st gtd g 5s. 1927 J - J
S A A A P a ss 1st g u g 4 s .’ 43 J - J
88)4 Sale
T e x A N O 1st 7 a .........1 9 0 5 F - A
Sabine d ly 1st g 0 s .. 1912 M - 8
C on g 5 s . ..................... 1943 J - J
105
Sale
S o P o f A r g u I s t g 6 s . ,09-10 J - J I 114)4 Sale
8 P Of Gal l « t g 0 a .‘ 05*12 A - O
1st co n gu ar g 5 s. .1937 M -N
S tam p ed ... . . . 19 0 5-37 M N 108)4 Sale
A A N W 1st gu g 5a. 1941 J - J
100)4 Bale
8 P C o a st 1st g n g 4s.. 1987 J - J
8 P a c o f N M ex 1st g 0 s .’ l l J - J
South Ry—1st oon g 5 s .. 1994 J - J
1 0 8 * Sale
R e g is te r e d ...................1994 J - J
M em D ir 1st g 4-4)4*5el990 J - J
R e g is t e r e d .............. ..1 9 9 0 J - J
E T e n re o r lien g 4 -5 s.l9 3 S T l - S 107 Sale
R e g is te r e d .................. 1038 M - S
A la C e n K 1 s t * 0 s . . . . 1918 J - J
AU A Ch A ir L ino Inc. 1900 A - O
Col A G re e n r 1st 5-da. 1 9 18 J - J
99
101
105
..........
E T V a A G a 1st 7 a .... 1900 J - J
94*4 97
D lTislonal g 5 « . . . ...1 9 8 0 J - J
117
.......
C on 1st g 5a................ 1958 M -N 118 Sale
Ga P e c U y 1st g 6 a ....1 9 2 2 J - J ..........184)4
K n o x A O hio l a t g fl» . 1925 J - J
122 Sole
R ich A D an co n g 6a .1916 J - J • 1 2 3 )4 ..........
Equip9Uix r u n d g 5s. 1909 M - 8 ‘ 100
.........
D eb 5a sta m p e d ........1927 A - O 107
.........
V irgin ia M id gen 5 a ... 1936 Tl-N 113
..........
G td stam ped____ ..1 9 8 6 M -N 11
W O A W I s t c y gu 4s. 1924 F - A
W est N C 1st c o n * 06.1914 J - J
119* .
8 A N A la . 3*4 L A N .
9pok FalU A N or I s t g 6 s .l 9 8 0 J - J
S t a t ls l Ry l a t g u g iW a.1943 J - D
Sunb A Le*r— 3 r* P e o n H R.
8yra B lo g A N Y. Saa D L A W .
f P e r A o f 9t L l a t g 4)4a ,'3 0 A - O
118 113
1. 1st ©on go ld 5 a 1804*1 944 F - A
St L M B g e T e r g u g 5 a. 1930 A - O 108
, 93 * 99)4 T erre H a u te El 00 Ry g 8 i .* l4 Q -J t
T e x A N O. 3*4 So P a c Co.
T e x A P R y B d lT la t g 6a. 1905 M - 8
: 00
97* 87*
la t g o ld 3a .............. . . , , 8 0 0 0 j - D
2d gold lo o . 5s. D e o .. .8 0 0 0 Moh.
T h ird A t 1st gold 5 a . . . . 1087 j _ j
105
T o l A O C ia t g 3a...........1033 j . j
91
98
W eat’ n d lT 1st g 5 # .... 1033 a - O
1 0 2 * 104)4
104
G eneral g o ld 3a.............1035 j - ()
78
73
K an A M Lat gu g 4a. ..1 0 9 0 A - O
8 8 * Sale
T o l P e o A W 1st g o ld 4a. 1017 j . j
82 Bale
T 3t L A K 0 l i t g 0a tr,1 9 1 6 J . D l O S * . . . . .
latar A Del la t e g 3a. 1080 j - I)
93
99
81
a lo n S l i r . Sia B k lyn Kiev
Un SI (Obia) 1st g 5 * ....1 9 4 5 A - O
Ua F » o - a i A l g g 46,1947 J - J
1 0 5 * 8al«
R e g is t e r e d ...,,., . ., ,. 1 0 4 7 J - J
Un. P a c—T r Co ctfa 2 4)4*
M -N
U P DAG 1 »t 0 0 5a tr r c .‘89
114 115
92 Bale
114 115*4 Uni N J R R AC Co. Saa Pa R R
1 1 4 * 113
Utah A N orth. Baa Ore 9 LUUea A B lack R. 8*4 N Y Cent
e r Val End A W . Saa M o P.
182* 1*34)4
lrginla M id. 3** 9o u th Ry.
107 109*4
102)4 1 0 3 *
ab R R C o la t g 3 a .. 103W M -N 116
Bale
2d g o ld 5 a .. . . . . . . 1030 F
_- A
97
Sale
D ebenture aerlee A------1080; j - J
Serlea B . . .....................J 0 3 9 I J - J
8 6 * 3ah>
88)4
la tg 3a D el A C h K x t ..l9 4 i J - J
102
St(Jhaa Bridge la t g 6 a . 1906 A - O
94M 98)4 W arren R1L 3s» Del L A W
40M 57 f W ash OA W . 3*4 float hern
t0 6
108)4 W cat N T A Pa— l a t g 3 » . 1937 J - J . . . . . . 1 1 8 *
Gen K 3*4*.................. ,,1 9 4 3 A - O
6 5 * Sale
132V
In com e 3* — A p ril, 1043 No t ,
180
9 3 * Bale
113
115 'j W eal N o Car. 3*4 South Ry,
............
I; W eatern Pan. 3*4 Cen t Pac.
124
134V4i l W C hic St 40-yr 1st c a r 5 i . ’ 2 h M -N
124)4 135*4
40-year o o n g 3 # . . . , . , . 1930 M -N
13**4 199MI! W e st Shore. Saa N Y Cent.
137H 137H W Va A Pitta. Saa B A O.
119)4 U l S i t W V a C e n t A P 1 s t * 6s. 10 11 J - J
............ ..
W heelin g A L E le t g 5 e . 1986 A - O
101)4 107)4
T ru st C o oertlH catee............
104
104
, W heel DI t l i t g o ld 5*. 192* J - J
97
94
! .............. ^ r - n A Im p gold 5 a . . 1930
92
F -A
134*4 I34)4j] W llkea A East. 3*4 X Y 8 A W
.......... w ii k » i o a i r . a » : H P M i «
jU S M U S
!W ln o n » * S t P . S « 0 * S W
. . . . ____. . . . W U O M tO s l r t t r g 3 , . . l » 3 7 J - J
111)4 113)4
BngT«Ted trust certlhcate-n.
86 Sale
I n o o m e S e ... . . . . . . . . . . . 1937 A -O i
B angs
s in c e
Jan. 1
i 'g
BONDS.
H .T .S T O C K E X C H A N G E
S I
W e e k E n d in g M a s . 31 .
B id .
C o - 1st g 5a. 1948 J - L> •107 *
f M issouri. S&* M o Pac
P aca c oCoast
Panam a i s c s f g 4 * s — 1 91 " A - O *105
A s k . L o w . H ig h . N o .
107*1 11
.......... 107
3 f s u b s id y # 8 a .. ,.* ..1 9 1 0 M -N
115*
115*
P e o n Co gu 1st g 4 * § . . •1931 J - J • 1 1 3 * 117
U S * M ar "99
R eg istered ...................1931 J - J
102 N ot ' 98
G td 3 * a o o l t r a it ra g-1937 M - S
P C C A 3t 1* oon ga g 4 * s —
116 M ar *99
Series L . . . . . . . . .........194 ° A - O
u e*
Berios B g u a r . . . . . . ..1 9 4 3 A - O U 6 * Sale l i e *
113 N o v '9 8
Series C g u a r ........... 1942 M - N
107 D eo *98
Series D 4 s g u a r . — 1945 M -N
1 0 5 * M u r'9 9
P itts C to A St L 1it 7a. 1900 F - A
109)4 A p r ’ 97
R egistered....................1900 F - A
141
141
Pitta Ft W * C 1st 7a. 1912 J - J|
U i
N ot '9 8
3d 7a...............................1912 J - J
3d 7 b ...............................1012 A-OS
1 1 2 * A p r ’ 97
C 8 tL A P 1st c o n g 5a. 1932 A - O
R e g is t e r e d .................. 1932 A - (J
107 May*9
C lev A Pitta con a f 7 b . 1900 M-.N 107
G en g a g 4 * s aer'a A. 1942 J - J
Series B ....................1942 A - 0
100
S rle A Pitt g a g 3 * s B .1940 J - J
LOO
S en es C . . . , ..................1040 J - J
Gr R A I e x i s t g u g 4 * a H 0 4 1 J - J
103
N ot ’ 97
AU egh V a lg e n g u g I*. 1942 1
N A C B d g e g e n g u g 4 * s .'4 5 J - J
108 ‘ Mayv07
F s n n E H la t real ea g 4a. 1933 M -N
C on sterling g da......... 1905 J - J
Con cu rren cy Os r e * ... 1905
C o n g 5a........................... 1919
R e g is t e r e d ............. ..1 9 1 9
Con g 4 b .......................... 1043 t s
Cl A Mar 1st gu g 4 * s .l9 3 5 M -N
U S J R E A Can gen 4a. 1944 . n - s
115)4 Feb.*99
D R E R A B g e la t g a 4a g .’ Sd F - A
Ban A L ew is 1st g 4 s . . 193d J - J
P en sa cola A A t. S saL A N aah
101
102
101
P eo D ecA K l a t g datr r e c .’ 20 J - J ’101
P ran a D ir la t g d # t r r e c - ‘ 90 M - S * 96
97 M a r '9 9
98
D ee *98
2d a 5a tr rec i*tp<LU 920 M -N
P e o A Hast. 3t* C C C A St L
190 M ay'09
P eo A P e k U n la t g d a ... 1921
Ul
90 Sep.‘ 98
» d g 4 * a , , ............Feb., 1921 £ 5 :
________
187 N ot ’ 97
P ine
cjlreekre*
re*ggoue r 8 « . . 1932 J - D
P itts Cin A 3 t L. 3e* P en n Co.
P C C A 8 t L . 344 P en n Co.
P lu s C le T A T o l l a t g 6 a .. 1932 A - O
107)4 O ct-’ 98
P u ts A C onceU sT. 3*4 B A O.
P itts Ft W A Ch. 3*4 P enn Co.
181
N o t ’ OS
P itts Jan e l a t g 6 « ...........1932 J - J
P lu s A L Erie—2d g 3# .. 1038 A -0 1
P tttsM cK A t o - l a t g u 0 i . '3 i J - J
3d gUAT 6 s ....................... 1034 J - J
M c K e e A B V l a t g 0S.1918 J - J
90 Oct.*98
PtU s P A P 1 s t g 3s ........1916 J - J .
PU ts S U L S l a t g 5 s .. 1040 A - U * 1 1 5 * 1 1 7 * 113 J a a /9 0
1st con sol g old 3 s........1948 J - J [*115
99 J ' l y ’ 9 "
r t t u A W est 1st g i a . ,1917 J - J
09)4
09)
*8*
J P M A Co e ertfa .................
99
9rf)
p u t s Y A ASH t i t e o n 3« 1037. M -N
850
4944
00
eeding Co gen g 4 s ., .1997 J - J
39)4 Sale
R e g is te r e d ................1007 J - J
97)J M ar *90
Renaeelacr A •at. S m D A U .
B leb A D a s . Saa Booth Ey.
B io G r W est 1st g 4 s . , . . 1939 J - J
9 7 )« Sale
97
0S
R io G r J u n o 1st g o g 5s. 1030 J - 1)
1 0 tH F eb .*99
B io Gr 8© l at g 3*4s........19* J - J
78)4 Feb
B oob A P itts. St* B R A P.
R om e W aL A Og 3t< N Y Cent.
alt Lake C la t g a f 6*. *03-13 J - J
t J o AG 1 la t g 3 3 -4 a .. ! 947 J - J
L A A j II. 3*4 Illinois CexiL
*i m CAL S a M ob A G titb
i t L A Ir o n M ount. Set M P.
8t L K C 4 N. 34* W abesh.
St A, M Br. Sfs T H it A Of 8 tL
» t L A 8 P 2d * As Cl A . .1008 M - N 113
115
115
115
i d gold As Class B ........1906 M -N
...... 115
115)4
i d gold As Class 0 ........190fl m - N 115
no
115
1st g As P ierce C A O ..1 9 1 0 f . A
G eneral gold 6 # ..* ........1981 j - J
t i i " i s T 124*
124*
tow
G eneral g o ld 5a........... .1 9 8 1|J - J
•?ai« 10H4 108H
l i t t r a it gold 5 a . . . . . . . 1087 a - O 105
108
105*
1 0 5 ),
P t 8 A V B B d g I » t g 0 a . 1910 A - 0
105
0 « - ‘87
Kansas M id 1st g I s . . . 1037 J - D
e i”
01 L A 8 V R R « i s . . . . 1096 J - J
87* ’ a s " "a s”
S outhw DIt 1st g 5 s ... 1047 a - O
102 M a r‘ 99
L Bo. 344 Illinois Cent.
L 8 W l i t * 4s b d e fs . 1989 M- N
92
9 «*4 879
93*4 Sale
2d g 4# Inc bond c t f a . . 1089 J - J l
36*4 Side
54)4
37 (1018
8t P aul C ity Cab. c g 5 s . 1037 J - J 108 . . . . . 10>r)4 Mar'90
G uaranteed gold 5 a ... 1937 J - J
•tP auI A D a la tb l i t Ss. 1931 r - A *180
194
130
Feb *90
i d 3 s ......... . . . . . . . ........... 1017 A - O *113)4 115
113
10
113
l e t c o g 4*..................... 1968 J - D l
9 h 101
f l P s u l M A M 3d A*. ...1 9 0 v A -O 138)4 ....... 114 Mar *9 a
D akota e x t gold A s .... 1910 M -N 18» '4 198)4 134)4 M a r'9 a
1st con sol gold As........1933 J - J
138M
5
148^4 Sale 138H
R egistered . . ............. 1983 J - J ------------------ 137)4 F eb *99! . . . .
Reduced to g old 4* s 1983 J - J *118)4 U3H 1 13)4
U3
13
R e g is te r e d .. . . . . . . . 193*
1 0 6 * M ar‘ 9H
a to m t x l 1st gold 4 s .. 1987 „ . „
107)4 1 0 7 *
R e g is te r e d .............. ..I 9 2 7 > j - D
104 Jan .*99
M inn U nion 1st g 8 a . .1933
122W Jan.'0M
M ont C 1st gu g A s ... . 1037
134)4 M a r *09
R egistered ................. 1937
115 A p r ’ 97
1st g oa r gold 3 s ....... 1987
115
Feb *99
R e g is t e r e d ...,.......... 1937
KM ls td lT lit g 5 * _ .,1 9 0 «
118)4 M ar’ 99
R e g is t e r e d ,,..,. . , i 9 o a f A - o
N or d ir 1st g l a ....... 1048 A - O
R e g is te r e d .,........... 194 8! A - O
W111 A 8 F l i t g 5 a . .. . 1 9 3 8 'j _ j>
9
A u g’ WH
R egistered . . ............1938 J - D
11 P A N or Pao. 3*< Nor P ec
Bt P A 8*x C ity . 3*4 C 8 tP M A O
9 Fe Pres A P h l* t g 5 a l 9 4 2 M - S '
M a r ‘99 . . . .
I t A A A P. 3*4 3o r a c . Co.
I t F A « P 1st a / g 5 s . .. 1919 J - J
100)4 O ot.,97
.>- s
80
00
R
8
t
S
•No p rice Friday; latest bid and asked this w e e k .
O U T S ID E S E C U R IT IE S
t D ae J a n e .
(O i t b s
at
s ......
*
U
V
W
..............
O AB Jt H I.B C T R IC L IG H T BON D6.
........... . lA t U n U O L O o l r t * 5)ul047 J - D
J -J
Bklyn U On* U t oon * 5 # ..’46 M -N
I C h G L A G C o . 3** P G A C C o
96
C olum bus Gas l s t g 5 s .. 1032 J - J
|Oon Gas Co- S u P « A C C o.
. . . . . . MD etroit C ity G a s * 5 a .. ..1 9 2 3 J - J
95
I D a e J a ly .
fo o t o f
7
Bid. K*k. )| T l l a e e l l a a o o t i a . P a r. Bid. Aak.
77
76
A m erican A ir P ow er o f
} 99
100
i N Y ...........
73
....1 0 0
78
55
20
Ira sric'n A x e A T o o l. 100
31
n o
47
i 'l i
; ifflffir Bank N ote C o . . . 50 t 45
92
94
32
A m erican B eet S u g a r .. . .
83
82* 83*
38
P r e f e r r e d ...........
30
03
so*
4 88
30
91
80* 80*
P re fe rre d ......................
%y
j 1 0 6 * ' 110
Subscript Ion a . . . ..........
45
44
VS"
A m er. Caramel—C o m ...
H 03
P r e fe r r e d ........... .........
100
1C*?
JBny«r r «r« anarsed m tere stAm er Prose Aseoc*n ,.1 0 0
♦ ''**«• W>f .H **o
\ ma*<**n 9 (y » w .........260 ♦........ 2 ft ^
F e r r y C a m p a n le w .
U Y * ft R F e r r y -S t o c k
B on ds 5e o f 1932. MAN
H ob ok en —Stock . . .
lit 5 * . .. .. . .. .. ..
Con. «5s . . . . . . . . . . .
» Y,A 8 B Trans A Ferry
Bon ds 5a o f 1006 MAN
10U» A tS d 3ta Ferry
1st m ort 5a 1 91 9....
Codon F e r r y -S t o c k .
I ff 5a 1320....... ...M A N
PBICES (5 pages) P a g e 4.
| D ae M arch.
1
O sa J a o .
o o n s b c o t iv b
Balo
1 7
10
56
18
48*
86*
116
Exit
285
52
Low. High.
since
Jan. 1.
N o.
104)4 O c t /9 7
112 M a r ’ 99
Low.H igh &
112 “
125*
104)4 F e b .’ 9fr
105)4
45 102 * 100
106
107 J a n .’ 98
110
F e b ’ 90
104)4
104)4
110
110*
1.................
0 0 * 1 0 4•**
10 7
u a
118
11*
8 7 * JO
112 M a r *99
112 M a r ’99
89)4
90
1 8 0 * F e b .’ 9*
189 J a n /0 9
105
81)4
116
106)4
103
114
112
102*
108*
100
139
180
97 1 0 5
7 7 * S6
M ar’ 9 9
*4
D e c '98
N o v ’ 97
105*
114*
M ar *9 9
N o t ’ 98
10*54
100*
103 10 55*
109* U 4*|
113 1 1 3
100“ 109 *
90
1 0 0 )£
1 3 * N o t ’ 98
IC O *
108*
10 0 * M a r ’ 99
1 0 7 * Jtux/90
103 * 108
1 0 0 * 106;
1 0 7 * lO "’
106*
106
20B
U7
104*
114*
115
124
t ie
138
100
117*
105
ll7
118<J
124*
t 28
12S J6
100
no
ii2 )e
it
107
i ' l 2 * A u g *01
117
105
17
18*
124
122
123*
100
104*
12
10
00
116*
*
M ar *99
M a r '09
117*
118*
124
123
M a r ’ 09
M a r‘ 99
D e c ’ 08
112
D e c '0 8
F eb .’ 99
D eo ’ 98
*
80
«,
1 1 1 * D e c ’ 98
110 D e c ’ 08
108 O ct-‘ 97
108
US
58*
126
105
102
68
81
103*
99
106
108
M a r ’ 00
27 1 0 8 M 114
113
5 « * 1778 4514 5 4 H
la s g ia e
M a r 'y y
104
lo e
Mar ’ 90
D ec '9 8
88 *
88
108*
90
98
88
6 8«88
108W
lO C jJ
104*
1 0 5 * 038
1 0 4 * Feb W0
6 8 F e b .'« 9
92
93
102J* 1 0 9 g
104U 1 0 4 f t
8 7 5 88
87 H 8 4
U 5*
06*
113
94
116
9,
lift
100
35*
87*
1 0 7 * M a r ’ 00
3 M a r '9 9
s a i , 3b t
105U 109
109J4 n a « i ,
1 1 1 * M ar 90
63
65*
19*
23*
108 m, I H «
54
«5 ft
14« * 6 »
99
D e o ‘ 07
113
105*
104*
98*
02*
Jan.*99
M ar‘ 09
D e o ’ 98
M iir’ flB
M ar’ 98
US
104
84 N o t ’ S»7
67*
6 9 * 174
6 Feb *00
95
95*
118
108
98«
88*8
58
70 W,
8
1 0 ft
118)4 118)4
28
85), 07M-
- T h e s e are o p tio n sales.
p a s b a ).— F E R R Y
A sk .
Range
W e e k 's
R ange or
L a s t S a le .
9 > * OeU’ 98
118 M a r '99
lO o u d a d u e No t .
U l s c e l l a n e o n s , Par, Bid.
Am Soda F o u o —Com 100
P
tat preferred . . . . . . . 1 0 0
50
12
3d p r e f e r r e d ............100
Am er S m elt A H ofl'g.lOO
43
Pruf-.rrod . . . . . . . . . . 1 0 0
86
S u b scrip tio n s ................. 115
A m er Steel A W ire— S u S t'ck
Am erican S u re ty ..........30 *25
Am T y p e fo ’ra—S tock . 100
48
4 m er dew ing M a c h in e ..5 t
2
) fner Straw b o a r d ..., 100
30*
Am er W rin ger o m n ... 100 10ft
60&
<&
M I S Q E L L ’S*
T 1 1 w ce lltin o o q w . P a r. Bid A a k
A m or G ra p h o p h o n e ... .l u f 1 2 *
P r e fe r r e d ..................... 10 t 1 2 *
A nderson (J o h n ) T ob .1 0 0
11
4
A u tom atic V e n d in g ...1 0 t 2 *
B ay State G a ? ...................
2*
2 H
21
Barney A8m Car-Corn. 100
23
85 |
P r e fe r r e d ......... . . . . . 1 0 0
82
108
8a 1 9 4 2 ....................... IA.T 103
Bergn A Eng Br— 8 t* P h i 1.11st.
1st 8 a ................................. 107
108
20
B la ck w ells D u r b T o b . 2 3 t 13
Bliss C om pany—C om . .5 0 i 87
68
•^-ferrrnl ..................... 50 + 6 9 * « 3
IP
THE
610
BONDS.
P rice
T h u rsd a y,
M ar. 30.
j|l
H .Y . S T O C K E X C H A N G E i ' l
W arns E n d in g M a r . 3 1 .
CHRONICLE.—BOND
-So
W eek ’ s
R ange or
L a e t S a le.
^2
s|!
a
110
Sale
106% Sale
*......... ISO
113 Sale
109
.......
*105 108
......... 107%
5
M I8C K L L A N E O U 8 BON D3.
dam s E x—C ol t r g 4 s .l 9 4 8 M - 8
m O o tO tl deb g 8 s . ..1 9 0 0 Qu-F
A
A m Dk A Im p 5s. S seC en N J
L o w H ig h
95
95
no
112 %
120% 122%
115
115
7
100%
108
56
106% 109%
N o v ’97
F e b ’ 99 . . . .
M a r ’09
D ec *98
107% 107%
124 120%
111
107%
126
100
1
113
113
5
106%
109%
100 F e b ’ 99
*V i
106%
107
101 M a r ’ 08
105%
105% Sale 105%
1 0 6 % ......... 107 M a r ’ 00
P r ic e
T h u rsd a y,
M ar. 30.
BONDS.
N. Y. STOCK EXC H AN G E
( V ol.
LXV ✓ !!.
R ange
s in c e
J a n . 1.
W eek 's
R ange or
L a s t S a le.
W e e k E n d in g M a r . 3 1 .
A i k . L o w . H ig h . V o .
95 M a r ’99 . . . .
110%
110% Sale 110%
122% M ar *99
122
123
113% J ’ n e’97
B id .
JWt O u Co eon l s t g 5 »..1 9 1 8 F ma m 111 1st co n v B 5#..1®10|1I1l « t o o n g 5 s .............. •••IjjJJ \ ~
B i *1 111 B’ klyn l s t g 58.1940 A - i
R eg istered .............................. A - '
Gas L N T l i t co n g 5 s .. *32 M O A Fuel. See P G & C Co.
G ee S leo Co d eb g 5 s . . .19 3 2 J Or H a p O L Co l s t g 5 a .. 1915 F K O M o Q m C o 1st g 5s. 1922 A L m O m -L C o o f St L 1fftg 5s’ 19 Q-F
ftmA.ll b o n d s ................ .1919 Q -I
M at Fuel Gas Co See PeopGas
P o o Gas A C l s t g u g 6s. .1904 M 3d gtd g 5 b .................... 1904 J l i t oon sol g 6s...............1943 A R efu n d in g g 5 s „ . . . . . . . 1 9 4 7 M B og lstered ..................194 71MC h G -L A Cke 1at gu g 5s’37 J O o n G C o o f Oh ls tg u g 5 s ’ 3fl J i G A F Ch l s t g u g O s . ’ OS J u Fuel Gas l s t g n g 5 . 1947 M W estn Gas Co ool tr g 5 s...’ 33 UI-
R ange
s in c e
J a n . 1.
PRICES (5 pages) P a g e 5.
100
109%
107%
100
105
115
113
109%
100
107
10 104% 106%
106 108%
R id .
PI V a lley Coal 1st g 0s.. 1920
P ro cte r A G am b 1st g 0s. .’ 40
8 t L T e r Cupples 8tatton A
P r o p C o l s t g 4 % s 5 -2 0 y r ’ 17
8 Y u ba W a t Co c o n g 0s. . ’ 23
8p Val W a t W o rk s 1st 0 s .’ 06
Stan R o p e A T 1st g 6 s .. 1946
In co m e g 5 s ....................1940
Sun Ck Coal 1st g s f 0S..1912
T e n n C o a l T D lv l s t g 08.1917
Blrm D lv 1st c o n 0 s . ..1 9 1 7
Cah C M C o 1st gu g 0s..’ 22
D e Bar C A I Co gu g 6 s .’ 10
U S L ea th Co s f d eb g 0 s . ’ 13
V t M arble 1st a f 5 s ........1910
W e s t U nion deb 7s. .1 8 7 5 -0 0
R eg istered ........... 1875-1900
D e ben tu re 7 s . . . 1884-1900
R eg istered........1884-1900
C ol tru st cu r 5 s ............1988
M u t U n T e l s f ’ d 0 s . . . 1911
N orthw estern T e l 7 s . . . . ’ 04
W h L H A P C Co 1st g 5s.*19
U.
U S
U S
U 8
U 8
U 8
U 8
U 8
U8
U 8
8.
2s
3s
3s
4s
4s
4s
4s
5s
5s
G O V . S E C U R IT IE S ,
r e g is t e r e d ... .O ptional
r e g iste r e d ............. 1918
coupon ..........1 9 1 8
re g iste r e d ...........1 9 0 7
c o u p o n . . . . ........... 1907
re g iste r e d ...........1 9 2 5
c o u p o n . . . . . . ........1925
re g iste r e d ........... .1904
c o u p o n . . . . . . . . . . . 1904
A 8k . L o w .
L o w H ig h
H ig h .
M -N
J - J
J -D
J - J
M -S
F -A
J -D
A-O I
J - J
J -D
F -A
M -N
J -D
M -N
M -N
M -N
M -N
J - J
M -N
J - J
J - J
101
90 Sale
3 3 * Sale
88
33)6
110)1 Sale
........112
110)6
U 0 )4
F e b ’ 97
94
90%
030
35
103
105
( For daily record
(J -M
0 9 % ..........
103 108%
1 0 8 * 8ale
112
112)4
1135< 114)4
a - f 129 180
Q - F 129 129)4
Q - F t l 2 % 113)6
Q - F 112% 113)6
90%
35
101% 110),
101
lilh
110)6
110)4
104 Sale 104
104 %
1 1 0 ) 6 ......... 118% M a r ’ 99
8 4%
28%
40
)
105
11094 U S *
N o v ’ 98
M a r ’98
115% M a r’ 99
112 M a r ’98
112% 115%
112
113
see seventh pa
"1
F e b .’ 99
108% M a r ’ 99
108
108%
112%
112%
112
114
12894M ar ’ 99
129
129%
112 M a r ’ 99
112% M a r ’ 99
receding.')
09
99%
100% 109%
10094 1 0 8 %
111
112%
11296 H 4
128
139
128 1 2 9 %
111% 112
111% H 3 %
30
35% 90%
97%
89%
8 0% Sale
A m Bptrits M fg 1st g fis. 1915
T > ar A S C a r C o l 8 t g 6 » .1 9 4 2
9
89
......... 8 a ii 89
8<* »8 *
D k ’n W A W H l s t g 5s. 1945
/'T a b Goal M in. Sm T C I A R .
109% F e b ’ 97
Vv'hlo J o A 8 tY d col g 5s.l915|
N on-oum . Incom es 5 s .1907
CJlearf B it Coal. 8ee N Y C i U
100% M ar’ 99 . . . . 100 100%
Col 0 A I 1st con g 3s. ..1 9 0 0
S T A T E S E C U R IT IE S .
Ool 0 A I Dev Co gu g 5a .. 1909
110 112%
112% M a r ’ 99
A labam a—Class A 4 t o 5.1900 J - J
Coupon o ff.......................
103 N o v ’ 98
105 A u g ’ 08
S m al!............... ......... .
Ool Fuel Co gen gold 6s. 1919 Itt-N
28
110
.
108
S
e
p
.’
98
80
9G%
Class
3
5s........................
1900
88%
89%
F
A
Ool F A l C o gen s f g 5 s . 1948
100
104 N o v ’ 98
Class C 4s......................... 1900
108% N o v ’ 98
-J
Oom Cable Co 1st g 4s.. .2397
100
.
C urrency fu n d in g 4 s ...1 9 2 0
104 F e b .’ 98
-J
R eg istered.......
2397
118 N o v ’ 98
117
.
D tst o f C olum bia—3 -0 5 s .l9 2 4
e Bardel C A I . See T C A 1.
108% 1099*
10994 M a r ’ 99
10994 •
L ou isian a—N ew c o n 4S..1914
el A H Can. S esR R b on d s
1 0 9 % 10 9%
49
109% F e b .’ 98
17% 23%
17%
20
S m a ll.....................................
19% Sale
D ot MAM Id gr 3% s 8 A .1911 A - O
110
110
110 J a n .’ 99
M issouri—F u n d in g. ..189 4-9 5
■ r lo T A T col tr g s f 5 s ... 1926 J - J
108
104
N o v ’ 98
95% J a n .’ 97
N ortn Car—C on sol 4 s . . .1910
G r R lv Coal A C 1st g 6s. 1919 A - O
....
S m all.....................................
H ack W a t R oor lBt g 5$. 1926 J - J
......... 111
130
........ 128 F e b .’ 9b
B en d B Co 1 st s f g 6 s ...1931 M - S ►116
A u g ’ 97
08........................................ 1910
......................
104)6 . . . .
So Carolina— 4%s 2 0 -4 0 .1 9 3 3
H ob ok en L A I g 5 s ........1910 M -N
9 0% 98
97%
97%
97)4 Sale
90 Jan .’ 99 . . . .
90
99
T e n n —N ew se ttle m ’ t 3s. 1913
II Steel Co deb 5 s ........1910 J - J
95
95
95 F e b ’ 99
70 A p r ’ 97
......... 90
N on-conv deben 5 s ... 1913 A - O
S m all...............................
82% 87
85 S ale
33%
85
Iron Steam boat Co 6 s . .. 1901 J - J
V irgin ia fu n d d e b t 2 -8 s .1991
107 M ay’ 97
Jeff A Clear C A I l s t g 5s 1926 J - D
R e g is t e r e d ........... .
80 M ay’ 97
2d g 5 s .............................. 1926 J - D
0s d e fe rre d c e r t f a ...........
......... 101 M a r’ 99 . . . .
98% i o i
K nlok Ic e (C hic) l s t g 5 s .l9 2 8 A - O *100
T r u s t re o e lp ts stam ped.
102 J ’l y ’ 97
ad Sq G ard’ n l s t g 5a, 1919 M -N
e t T A T 1st b f g 5 s.l9 1 8 M -N .....................
U N L IS T E D BO N DS.
.....................
04
71
15
64
64
R e g is te r e d ...................... 1918 M -N
A t c h Col A P a c 6s t r c t f a .
64
64
......... L03 F e b ’ 99
103 108
0 t M ar’ 9
M loh P e n Car Co 1st g 5 s .’ 42 M -S 105
A t c h J Co A W e s t 6s tr c t fs .
120 9 7% 99%
9794 Sale
97 %
98
B & O p r lie n 3%a (w i).1 9 2 5
M ut Un T el Co. See W n Un.
98
ICO
00
7 100% 104
98%
at B ta rch M fg C olstg 6 8 ’ 20 M -N 100% 103
100 % l o t
1st m ort 4s (w h e n ls s).1 9 4 8
99%
98)6 94
80 % 89%
160
88
87%
w pt N ew s SAD D 5s. 1990
C e n .P ^ c.M .3 ^ 8 (w h e n D s’d).
100%
1 0 0 ’4 198 1 0 0 % 1 0 1 %
N Y A N J T el gen g 5s o y .’ 20
I s t m t g (w h e n issu e d )........
.....................
514
8594 8 8%
8 0%
87
87
Sale
H Y A Out Land 1st g 6s. 1910
Col A South 4s (w h e n issued)
.........................
5~ % O ct.’ 98 I ..
N o W e stn T e le g . SeeW est.UnJ
P itts b A W e st 5s tr c t fs .........
85
8*»
P eoria W at Co g 6s.-1889-.19
“'o u P a e .co l.tr. 4s ( w h ° n i s O
• N o price Friday; these are latest bid an d asked th is w eek, t B on ds d u e J u ly 4 B o n d s d u e M ay. i B o n d s d u e A p ril. | B on d s d u e January. a T h v se are op tio n sates
fS
D
I
M
N
OUTSIDE SECURITIES (G iven
M i s c e l l a n e o u s . Par, B id.
B on d A M ort G u a r ... 100 225
55
Carter-Crum e—P ref. .100
C ellu loid Co................. 100
85
Cen t A m erica T r ’nsit.100;
*
O ent F lrew ’rks—Com.1’00
6
43
P r e f e r r e d ................100
30
C hateaugay Ore A Ir 0a ’ 15
10
05
4s..
O hesebrough M fg C o. 100 325
Glaflin ( H B ) - l s t p r e f . 100 100
98
2d p referred .............100
C om m on— See Stock E x list.
75
Clark M ile End T h r’ d.100
119
Collins C o ......................100
tea
Ool H 7 A T ol (w h Is s )...
58
B on d s 4% (w h en lss*d). 101
O onsolid Car H eating. 100
IS *
5
Consol F irew ’ ks-Oom.lOO
P r e fe r r e d .................. 1 0 0 1 50
C on K an C 8m olt A R e f .25 t 2 7 *
21
Consol R ollin g Stook .100
Oont. T ob a c. C o—See Stoc k Ex.
70
Cram ps' 8h A Bln Bldg. 100
D iam ond M a to h C o ...1 0 0 140
1 list.
109
P r e fe r re d .......
E a s le y L a n d ................
Eppens 8 hi A W lera.
.........
100
t 37*
250
t207
28
G ood y ea r Shoe M achine.
.........
114
145
05
| 89
H avan a C om m ercial.
P r e fe r r e d ..................
1 75
45
923
12
110
H ob ok en Land A lm p ’ t
5 s .....................................
105
! 75
! 102
i E xch
U 2«
In tern et Silver—See Stk.
Do
do
p ref
Do
d o bon d s
Subscriptions.
Cnlnkarh'- Innf C
Law yers’ T itle Ins.
at toot oe
7 consecutive pages).— BANKS & MISCELL’S.
A sk
M l g c e l l a n e o u B . P a r.
Ask
L ib erty Silk M ills....... 100
75
00
75
85
P r e fe r re d .............. ...1 0 0
100
95
L orillard ( P ) —P r e f ... 100 120
122
*»
M adison Sq Q— 8 to c k .l0 0
1
10
2d 0s 1 9 1 9 ............. MAN
25
35
20
48
M aine S 8..........................50
50
M erch A M in ers’ S S .. .. 50
60
85
1 7 * M ech’ nical R u b -C o m .1 0 0
75
P r e fe r r e d ................... 100
80
340
M eriden B ritannia C o., 25
1 0 2 * M ich -P en Oar—C o m .. 100
45
P r e fe r r e d ................. .100
05
1st 5s 1 9 4 2 ............. MAS 100
7 8 * M inneapolis Brew 1st 7s. 105
107
M osler S afe C o . . . . . . . 100
100
25
M onongah ela W a t e r ...25 + 37% 39
59
Nat B iscuit—See Stock E x List.
102
N ational Casket C o . . .100
45
50
N ational Saw—P r e f. .100
N ational S a lt...........
37
71
P r e fe r r e d ...............
N ational S u re ty ......... 100 15#
20
02
N ational W all Paper. 100
list.
N Y L o a n A I m p ......... 100
50
80
N Y B lsoult 0s 1 9 1 1 .MAS 114
(41
New Je r Z in c A Iron. .100 105
N Y A ir Brake—See N Y S tock E xch.
115
N. Y . E l.V eh . T ra n sp .1 0 0
15% 1594
20c. N loholson File Co......... 50 t 25
80
N icaragua C on stru ct. 100
110
O tis E leva tor—Com
37
33*
89%
P r e fe r r e d ...............
P eck , Stow A W i l c o x ..25 t 22
210
P ega m oid, p r e f ...........100
35
P e n n sylva n ia C o a l.. . . .50 860
50
Penn- Steel—See Phila. lis t.
100
Penn. W ater—C o m . .. . 50 t
5
0
118
P h il A W ll 8 te am boat.50 t 66
70%
100
P n e u m a tic Gun Car’ge.10
4
P ratt A W littn—C om .. 100
4%
P re fe rre d ...................109
se*
38
03%
7 5 * P ressed Steel C ar..
55
P r e fe r r e d ............... .......
89
95
P ro cte r A G a m b le ..,. 100 34C
375
0
P r e fe r r e d ................... 100 190
200
20
R-I.PerklnB H o rse Sh.100
P re fe rre d
........100
51
R o y Bak P o w p f
90
90%
80
R u bber G o o d s M fg.
32
33
105
P referred................
75% 78
list.
R ussell A E rw in.............25 t 05
1 1 8 * 8 a fe ty Car H eat A L t. 100 140
1P0
8chw arzch lld A Sulzb.100
40
45
E xch . list.
8 e m et-8 olva y deb 5 b ....... 101
103
79
Sim m ons H ’rdw -C om .100 140
145
1......... 109
P r e fe r r e d ................... 100 125
180
.........
10
Singer M fg C o ............. 100 440
460
00
Standard O il................. 100 473
470
75
8tan. Dtst. A Die.—See Sto ck Ex. List.
110
116
Stand U nd’rg ’d C able.10 0
200
3
S loB slA S lstO s 191 7.F A A 102 % 103%
20
Southern C otton O il.. .50 t 51
Stat I si R T 1st 6 s’ 13AAO 107
90
08
2d 5s 192 0 ................. JAJ
90
St Ex List.
8tillw -B ierce A Sm -V .100
96
98
97
S w ift A C o ..................... 100 101
102%
100
110
1st 0 8 . . . . . ........... ........... 9108% 110
145
155
S u sq Coal 6s 1 9 1 1 ___ JAJ 11V
£*
S5*
L V iis ce lta n e o u M . P a r.
T erm W areh —S to c k .. 100
1st 0 s ..................................
D ebenture 0 s ...................
T e x a s A P a cific C oal. 100
1st 0s 1 9 0 8 ............. A A O
T itle G u ar A T ru st ..1 0 0
T re n to n P o t t —C om . .1 0 0
P r e fe r r e d ....................100
T ro w D ir e c to ry -N e w . 100
U n ion Sw itch A S ignal.50
P r e f e r r e d ..................... 50
U nion TTPewr—C o m .1 0 0
B an ks.
B id.
A sk.
03
$107%
S20
330
14
7
45
f 42
t .........
19%
00
55
t\H
21
B an ks.
iUiMceliu.nt->oue(. P a r.
187
137*
U ni m T o b a c c o subs
10b
U n T y p e w — 1st p r e f ..100 106
120
2d p r e fe rr e d .............. 100 115
U n ited S h o e M ach -See B o s t. Li St.
35
30
U S G lass—Com m o n .. 100
80
S5
P r e fe r r e d ....................100
90
101’
U S P r o je c tile C o . . . . . 100
W a g n e r P a la ce C a r.. .100 1 8 5 * 1 8 7 )
W estln g h A ir B r a k e .. .5 0 *225
W illim a n tic L in e n C o .. 25 + 25
55
W o r th ’ t ’ n P ’ m p-C om .1 00
50
P r e fe r r e d ....................100 112 K l 0
B id.
A sk .
B id.
A ik .
i o ta ti ons.
B r o k e r Qu ota ti ons.
Brokers' Qu ota ti ons.
195
N. Y. C IT X.
M erch E xcn . 120
260
M ech A Tra*. 250
A m e r ic a * . . . . 404%
M erch an ts’ .. U 0 7
*
280
N assau ..
A m E x c h . . . . 176
M e tro p o lis* .. 370
345
830
N at City.
350
A s t o r ............. 400
M t M o rris* .. 250
160
175
145
B o w e ry * ........ 290
M u tu a l* .. . . . . 135
190
195
B r o a d w a y .... 285
N assau*......... 150
150
140
B u tc h ’ sA D r.. 05
N ew A m st.*.. 350
115
105
+ 183
N e w Y o rk Co. 1450
C e n tr a l...
200
Sprague .
115
350
C h a s e .......
N Y N a t E x .. 100
i'45
140
20th W ar
N ew Y o r k .... 240
Ch atham . . . . 310
325
115
..... U n ion *...
4000 4300 19th W ard*.. 100
C hem ical..
115
105
140
N in th ............. *102
C itizen s’ . .
1550
C i t y ..........
N orth A m er. 105
C o lo n ia l* . . . . 200
O rie n ta l* . . . . 200
P a ciflo*.......... 170
C o lu m b ia * ... 150
*200
P a rk ............... *319 5 1 9 *
C o m m e r c e ... 210 %
*
2055
*
C o n tin e n t a l. 130
P e o p le s ’ * . . . . 200
140
375
C orn E x c h * .. *331 *333 P h e m x .......... *115
*500
C
olonial.
400
180
E a st R i v e r . .
Plaza*............
11th W ard*. 200
P ro d E x ch * .. 120
275
*
F ifth A v e * .. 3000 3300 R e p u b lic . . . . i 8 m
1875 1410
225
F i f t h ........
R iv e r s id e * ... 190
S e a b o a r d . . . . 220
2500
F ir s t.........
*000
S econd . . . . . . 000
F irst (S t Is l)
340
S e ve n th ......... 140
165
14th Street*.
______
M a n h a tta n .. 200
F o u rth . . .
S hoe A L e ’th 9 7 * 105
180
550
State* .
F r a n k lin .,
320
130
810
G a lla t in ..
State o f N Y* 115
320
1400 1500
G anBevoort*.
100
12th W ard*. 130
450
23d W a r d * ... 100
G arfield........ 1 1 0 0
N orth A m er.
310
G erm an A m ' 115
U n io n .,
250
235
U nion S q * .... 180
G erm an E x*. 235
250
W e s t S id e*.. 300
G erm an ia*... 375
250
, 225
G reen w ich *.. 100
W e s t e r n ........ 205
H a m ilto n * ... 110
Y o r k v ille * .. 190
1325
*050
H a n o v e r ..
*451
BR’ KLYN.
H id e A L ’ ath 105
1450 1550
B e d fo r d * . . . . 215
140
130
H o m e * .. ..
310
W ash in gton . 290
200
B r o a d w a y * .. 190
Im p A T ra d . 54094
*
B R ’KLYN .
130
B rooklyn* ... 125
I r v in g .......... 100
170
400
95
8th W a r d * ...
L e a th e r M fr 200
235
107
5th A v e * .. .. 104
L ib e rty ....... 2 0 0
295
F irs t............... 400
L in c o ln ........ 750
S10
K in gs Co..
200
F u lto n * ......... 180
M an h a tta n *. 230
456
250
100
240 NGer A m e r * .. 90
M arket A Ful 225
___ , t
240
H a m ilto n * ... 105
M ech an ics’ . . *305
iio
K ings C o * .... 100
M ech A Tra*
250
M anufact.’ r s . 200
1 90 '
M e r c a n t ile .. 1«0
........
t P r ic e per share.
* Banks m arked w ith a asterisk (*) are State banks.
5 P u rch a ser also pays aocru ed interest.
* Sale at S to ck E x ch a n g e o r a t a u c tio n th is w eek.
THE CHRONICLE.
April 1, 1899]
6 1 1
Boston, P h ilad e lo h ia and B altim ore S to c k E x c h a n g e s — A D aily and Y e a rly R e co rd .
X3T S h are P ric e s —Not P e r C e n tu m P r ic e s .
A C T IV E
Saturday,' Monday,
Tuesday. Wednesday Thursday,
Friday,
March 2 d \March 27.\March 28. March 29 March 30. March 31.
*215
97
*331
93
......
173*172*
143* H I*
l i d * 146*
132 129
137* 127*
33
33
43
48
181*181*
asH
•0
» iW
5i
•99
•202
29*
m *
53
79*
48* 48*
80
60
28*
29 * j
12 L 131*
6*
«*
215
103
93*
92*
23*
23*
6*
MW"
*64
27*
6*
•93
94
*......... 93
5 2 * 54
32* 52*
• 7 9 * 79 *1 * 7 9 * 80
•302 . . . . . . i 203 202
*94* • ’. ! ! ! ! V i *
6 4 * : ......................
28*
27* 27*
...r.t •#!*
S 3 * 54 ! * 5 2 * 5 3 *
SO
30 I * 7 8 * 7 9 * ;
2 0 3 * 3 0 3 * *202
.........
67*
67
68* 87*
»7* 0 7 * 6 S * i 67
00*
97
97 ! 9 6 * 97
97
00*
96h 96* i 97
a
i l l 13-!i« *
1 8 * 1 3 * 19 8-10 12 3-16 *
b
13-16 3 3 * 15-18: 3 3 * 3 3 * 3 3 * 33 9-16
18 5-10
‘ 17 15-16
I S * 9 - lo
18 11-16 *
18 11-16
43* 48*
4 8 * 49*:
47
48
47* 45*
47
47
81*
8 1 * 8 1 * 8 1 * 8 4 * 8 2 * S 3 * 31
81M s t H
3 6 * 37
36* 37 I 36* S3*
3 6 * 37
30*
4 2 * 22 H
2 4 22* 2 2 * 2 4 *
| 2I* 2 1*
21* 23*
48
43
43* 43*
43* 43*
43* 43*
93* 93*
94
94
94
9 3 * 9 3 * , 9 3 * 94
04
90*
18%
360
100*
116*
300
89
lit
24*
60
47*
164
104*
94
5»H
360
101
117
365
WO
745
a i-4
00*
4ft
106
104*
95
55
45
45
92*
U 47
150
45
46*
28
155
135
*0^
3,H> 43
• lk l
H*
*48*
385
100
369
101 i
lie
l i e i lie
363 369 ! 365
87*
89
89*'
750 775 1 760
24*
24* 24*
09m
69* 69*
49
48
48
165*170
102
167 167 j 105
95
55
85*|
a*.
a t* 6 1 *
33
32 ! 80
45
45 i 4 5 *
29* 24*' 2 3*
*147
148
148
46* 47*
45*
2 7 * 23 ! 2 7 *
154
151* 154*
42*
4*
43*
4 3 * 4 4 * ! 45
•1*
49
»*;
49
I
64*
««* «4*; a t
• Bid and IMtedpriCM.
in a c t iv e
365 367
1 0 2 * 107
s t o c k s
R A I L R O A irnT— fir iH 't
A s T o p A S F » . .( B o « ) 1 0 0
AH A C0»ri'.UOvBmU) 100,
B o. A
p r .(B o ,()1 0 C :
Bo«<on A P r o r . ** 100,
C*V iriM * U t p f ( WillS SO
C ooS n i
pnt............... . ” l o o
C*Bttal O h i o , . .( S i l t ) SO
O h !.A W M !eh .(B o«t)1 0 0
C tt'*etoM n < t»l< P h tt) 100,
Cos.fi A F a c i a l Bo.S) 100
Omm E l - - , . . . .
"
100
OOTMOlTtPUUT(Pl>J)> SO
F r . f i .................
"
SO
JTOni A r . r . SL ( f l o . t ) 100
P r « f . ...............
too
8 T m * o f n I'M itP h U ) SO
HMtOST M A T ’ *
50
.................
so
H noS A B r o « ) T H
80:
P r * f. . . . . . . . . .
u
SO
E C F t 8 A M .. ( B « t ) S 0 0
P r * f ...................
•' 100
LJttl. S e h a ,l» .(J » b U ) 50
M M o . Cen tral. (B a rt) 109
M Bw aui A S H .( P h li) SO
S « q n * h o n 'K V . "
50
K .w K r,rf*.';4 ..(S o,S .'I0 0
P r e f ........... .
"
100
Worth P e n n .. .(P h il) 30
Phil A K r t e ..... ♦♦
501
Phil Germ A N . **
50
United N J ........ *• 100
D otted T r o f P. **
50
P r e f - . , . . . . . . 44
30
W est End p ref.(B ou t) 50!
W est Jer A 8 8 .(P h il) 50
Ife r tR T A P a .
44
50
W lscon C entral( Boa? 1100
P r e f ........... M 100'
W ot Nash A B. 44 100
M ISCE LL AN EO U S.
AJJouex M ining (D ost) 23
Am By B I L L !.( P h il)....
Arnold M in in g .( Boet) 23
A sh Bed Mln*g. ’ *
3-5
A tlan tic M ln 'g. 44
23
B altic M ining . 44
93
Bay State G «sT .(B oat) 50
B ergA S h g o r 4w( PhU) 100
P r e f . , , ...........
44 l o o
B oston Iffleo L L ( B oet) 100
B oston L a n d ... “
10
Cdm bria I r o n ..( P h il) 50
Canton Co......... (B alt) 100
Cesiten M in in g .( B iet) 85
D aylight Prt*m-(PbH> 50
h oeoin C o a lp f . (B oat) 100
Bdison JS1 HI. . '*
100
W e e Co o f A m ! (PhD ) 50
BSeot YehleleT
** 100
Eieetr v* Co m l ! M
50
Franklin M in g .(B o a t) 3-5
O eneral ffle c t-.
100
P r e f . . . , . . . , , , ’• 100
Gen El A a io -M V F h O ) 50
I n t B n t B A 6 M{ Beet) 10
lain O o y a ie ! , . .
35
M arsden p r e f ! (P h il) 100;
M ergenthaler -. / Bost) 100
-M ex T
- elep
h
• on e
10
W cA m O bredg
lo t
• i*
lao
306
370
J306
167*1 1 6 5 *
105
1 1 7 * U S ! 117
364 1 900
set
365
37*
89*
7 7 0 I 705
94*
84*
09*
68*
-----5 t*
54
170
105*
107
a
93
63*j 0 0 *
81*
31
45*
45
24*
25*
150 1
40*
43*
88 \ 3 7 *
134*' 154*
45*
44
46*
43
l*|
49
#l*
43*
38*
64
46
UMi
73*
44
ft
30
55
16ft
37*
55
102
140
14%
50
113
8*
1*
10
10
1*
31
30*
80
10 ft*
46
84*
*7>*
37
120
30*
103
lie
16%
70
tftt
8*
3-»
o
o
a
>
370
171
110
360
se
ay*: 0i
770
I 770
24*! 23* as*
6 9 * 70 I
70
56*} 5 4 *
107 ! 165 109 >4
160* 107 j
93
95 f 95
0 2 * ! 5 8 * 07*!
32
91*
91
4 3 * *15
23 I
2 4 * ' 24
146 |
150
140
43*
46
43
26*1 x 4 7 * 88*
1 3 9 * 15 7 * 160
50
6 0 * 35
it* 1
46*
43
t*j
*t«
48*
04
a U
1*
at
15-10118 !
40*
B id . I A r t .
STOCKS
BONDS
iilr fO B i.L .—Cuaa!fid»d.
M a r. 3 0 ,
I
O
W
C
oI
15
s iw
M ining. 44
25
121
P a lm etto C o .. . . ( P h il) 25
173
268
.......
55
80
1 P r .I 1 ............... ••
30
a
Pennsyi B a lt... 44
50
| 70
41
159
C
77t
48*!
......
n o M is WA* BLtd*.
43
. . . . . ........ | *64
H I n d ic a t e s u n lis te d .
R a ilr o a d S to ck * .
B o s to n & A lb a n y .....................( B o s t o n ) .. .. 100
BOston E l e v a t e d . . . . . , , ....... .
“
. .. .1 0 0
B o sto n A L o w e l l . . . . . , , . . . . . ,
“
100
B oston A M aine......... “
....1 0 0
Chic- Burl. A Q u in c y ............
** . .. .1 0 0
Chic. June. & u n . S to ck Y d s .
“
. .. .1 0 0
P r e fe r re d ...................................
“ . .. .1 0 0
Chic. M ilw aukee A St. P a u l. (P h lla .) . .. .1 0 0
C h octaw O klahom a A G u lf ..
“
. . . . 50
852 253
; 251 352
97
88
9 3 100
......
! 2 3 4 * 2 3 4 * '2 3 4
175*
175 ; 175 1 7 5 * 175
145*1 1 4 3 * 1 4 5 * 1 4 3 * 1 4 4 *
149 148
143 143
149
131 ]
1 2 3 * 12-3*, ................
3 7 * 37*| 3 0 * 37
*37*
4 3 * *43
43*
*3* 43*. 48
00
80 i 60
60
59* 59*
1 3 1 * 1 2 1 * 121 121
121
122
3 1 5 * 1 4 5 * 315
| 100 1 0 4 * 100
•334 . . . . . . •234
¥173
173*175
141
1 4 5 * 143*
US
1 4 9 * 149
*129
'1 2 3 * 139
133*133*
36*
33* 36*
S a le s
o f th e Range o f Sales in 1899.
freek .
S h a res
H ig h e s t.
L o w e s t,
STOCKS.
2 45 M ar.
8 0 * Jan.
227 Jan170 Jan.
1 2 4 * Jan1 3 9 * Jan.
21 124 Jan. 12
500 1 2 0 * Jan. 3
2,3 4 6 2 9 % Jan.
3
1,004 4 3 * Jan- 14
P r e f e r r e d .......— .................
“ . . . . 50
1,136 5 7 * Jan.
3
ConsoL T ra ctio n o f N. J .T ...
"
— 100
209 107 Jan . 3
F itch b urg, p r e f
.............( B o s to n ) . . . . 10 0
35 M ar. 22
Ga. S outhern & F lo r id a ..— (B a lt.) . .. .1 0 0
*15 9 8 * M ar. 28
1st p re f e r r e d .
............. . ,
44
. .. .1 0 0
2d p r e fe rr e d .............................
“ ....1 0 0
03 Jan. 11
4,9 7 8 2 3 * Jan. 10
L eh igh V a lle y ............. ............ (P h lla .) . . . . 50
5 % Jan. 7
M exican C e n t r a l . ( Bo s t o n) — 100 18,296
12 90 Jan. 21
N orth ern C e n tr a l,...... ............ (B a lt.) . . . . 50
2,300 4214 Jan.
7
N orthern Pacific ..............
(P h lla .) . . . . 100
42 7 6 * Jan.
0
Preferred.........
“
... . 1 0 0
18 198 Jan . 4
Old C o lo n y ,.
.....................( B o s t o n ). . . . 100
4 0 * M ar. 11
O regon S hort L i n e .......... .
“
. .. .1 0 0
6,075 61
J an.
3
P e n n s y l v a n i a .. .. .. ......... .
( P h l l a .) .. . . 50
800 9 4% Jan,
3
P h iladelph ia T r a c t io n ...........
“
. . . . 50
13,330 10 5-10 Feb. 8
“ . . . . 50
i Readin g C om pa n y...... ................
7,102 25 13-16 Jan.
1st preferred ............. ...............
“ . . . . 50
1,795 13 7-16Jan. 6
2d p re fe rr e d ............... . . . . .
44
. . . . 50
9,496 41% Jan . 7
! U nion P a e lflo ,.......................... ( B o s t o n ). . . . 100
P r e fe r re d ..............................
“ . .. .1 0 0 18,731 73 Jan. 6
7
! U nion T r a c t io n .....................
( P h l l a .) ,. . . 50 4 1 ,519 3 1 % .Ian.
U nited tty A E le c. C o .(w . i.) (B a lt.) ............. 14,603 19 F eb . 15
748 4 1 * Mar. 3
P r e fe rre d ( w h e n is s u e d ) ..
“
........ .
078 90 Janu 3
W est End Street..................... ( B o s t o n ) .. .. 50
J llft c o lln n c o u e S t o c k * .
A m erican B eil T e le p h o n e .. . ( B o s t o n ) . . . . 100
882 278 Jan.
A m erican Sugar R e fin in g 3..
**
. .. .1 0 0 80, 815 1 * 3 % Jan.
P r e f e r r e d !. . . . . . . . . . . . . . . . .
44
....1 0 0
529 1 1 0 * Jan.
B oston A M ontana___ . . . . . . .
44
. . . . 25
0 0 8 242 Jan.
B u tte A B o s to n
44
. . . . 25
275
4 Jan.
Calum et A H e e l* ......................
" . . . . 25
314 635 Jail.
C am bria Steel ( 0 1 5 0 paid) ( P h l l a .) .............
8 78 1 1 * J an.
C o n solidated G a s . . . , . ............ (B a lt.)
100
9 70 00 * Mar.
D om in ion C o a l . . . . . . . . . . . ... ( B o s t o n ) ___ 100
098 33 Jan.
E lectric Storage B a ttery ! .. ( P h l l a .) .. . . 100
030 5 8 * Jan.
P r e f e r r e d !......... .......................
“ . .. .1 0 0
145 04% Jan.
Erie T e le p h o n e ..........B o s to n ) . . . . 100
425 7 8 * Jan.
F ed era l S te e l...........................
44. . . . lo o
790 46% Fob.
L a rn so n S to re S e r v ic e ...........
'*
. . . . 25
80 4 2 3 * Jan.
L eh igh Coal & N a v ig a tio n ... (P h lla .) . . . . 50
945 3 9 * Jan.
M arsdon C om panyT ......... .
••
. .. .1 0 0
302
6% Jan.
New England T e le p h o n e — .( B o s t o n ) . . . 100
20 133 J tin.
O id D om in ion Copper ! . . . , , ,
44
. . . . 25
380 3 5 Jan.
Pa. M fg. L igh t A P o w e r ! . . . ( P h l l a . ) . . . . 50
979 2 3 * Jan.
[United Gas Im p r o v e m e n t! . .
*•
. . . . 50
397 1 3 7 * Jan.
[U nited State* (>U.......... .( B o s t o n ) _______ 25
271 30 Jan
iW eU bech L i g h t ! . , ......... . . . . (P h lla .) . . . .
5
017 3 0 * Fob.
IW eat End L a n d . . . . . . . . . . . . . ( B o s t o n ) .. .. 25
1 * Jan.
i W estin g h . E lectric A M fg . . .
“
. . . . 50
32Uj 39 Jan.
\ P r e f e r r e d ...,.,,..* ,.
44
. . . . 50
240 03 Jan.
ib .8 2 e -l0 3 2 *
B id . j A r t .
B O N D S ____
B o s t o n —C on clu ded
S Y AN Eug l s t 7 » . ’ 05J AJ
I 17
1
91 ,
t « t m o r t 0 a . ..1 9 0 5 J A J
7
Dgd A L C e o n 0 s .‘ 3O A AO
A*
4 0 * 30
lucoeue 6s,........, .. ,1 9 2 0
Rutland 1st 6 s . . ’ 08 MAN
lft% 1 0 *
11V, U H
2d 3 a . . . . . . . . 1 8 9 6 F A A I::::
109
T o rria g to n 1st 3* 1 9 1 8 ...;
VVeat End St 5s. . 02 M AH tos’
56*
4 * * . , ............. 1914 MAS
7 » H 80 I
P r e f ! . . . . ........ 44 109
162
G old 4 s . . . . . . 1910 MAN
{•oilm an's P a l..(H o st) 100 101
168
1 4 s . . . . . . . . . . . . 1 9 1 7 FA X
1 u m n o y M in ing. “
95 105
1
2
*
::::::
14
B o n d * - U n it !m o r e .
3 3 * 1 R h ode B ! M ia -.
S*
15H 10
AU A Cb 1st 7 s .1907 JA J
ftanta T sabel G 44
5
A tlG -U g h tl* t5 * l8 1 7 J A D
j T am arack Min. *4
95 24 ft 330
31
34
Balt B elt 1st 5 a 19 9 0 MAN 107
T orrtn gton " A "
44
25
48
20
30
j BaltCPas 1st 5s. i » 11 MAN U4
P re f .............
44
23
....
B * .t F u n ds 5s. 1916 M AN ' 185
ft
(U n C o p L A M g
•
23
37
E x ch an ge 3 * s . 1 W30JAJ
Un 8 h o « M ach-. “
25
BaHAOhlo 4 s g .l9 3 3 A A o
2 6 * 27
...........
1
25
P re f
8ta t 1*1 2d 5 g.1926 JA J
t Utah M in in g ... 44 4'85
BAOBW I si 4 * g .l 990JAJ
.....
! W ater P o w e r . 44 . . . .
ib
15
Y j*
B a ltA P lst«* m 11911 AAO
W elsbach C o m !(P h il) 100
so
03
1st 6s tunnel 191 L .J A J
P r * M .............
44 100
50
Bal T ree 1st 5*. 1 9 2 9 MAN
50
160 ! W e s im ’ral Coal 44
E xt A Imp 0 s .1901 MAH
17
W inofsa M ln ln g (llo s t) 85
u ii
4 5% 46
N o B altD lv 6 « ,i9 4 2 J A D
W o lv e rin e Min- 44
95
2
Convertible 5s 1906M AN
W o lla sto n L ‘d . 44
5
Cape F A T sr A 6 g. 1916J A D
f J o n d s —B o s t o n .
104
1st 0s ser B.. 1916 tr rec
Am Be,! Tel 4s .1008 JAJ .1 0 3
1st 6s ser C-.1910 tr rec
aii , A TA-i r j o n « - 4 . , ' » 5 AA O 1 1 0 0 *
Cent O hio 4 * * g / 3 0 M A6
84
A d ju s tm e n t g 4 * ..1 9 9 5 1 83
Central f t / 6a.. . 1912 J AJ
B A M M is 7*.'02-07 MAN
OOHM&t 54 . . . 1932 M A N !
V s " B-JSton T e r m 4! 3 * s ..l » 4 7 | . . . .
00
83
Ext A Im p 3S.T933M A3
Bo* U n G a s 1st 5t.*39 JA J
71
i Chas D t y f t y ls t 5s 483JA-J 1 0 3 *
24 M 3 s ............1939 JAJ
C harlC AA e x t 5 s .l9 i0 J A J 109
B orA Mo R lv e x 'p t 0s.JAJ 120
N on -exem p t 6 » . 'I 8 JAJ! 107
Chosap Gas 0 s . . 1900 J AD
C llyAB ub 1st 5s-1922JA D 1*18
Plain 4a............1910 JAJ* 100
107
O oiA G rn r 1* t5 -«. 1917J AJ 119
OS B a r * N U I S a ’ SO AAO!
. . . , :; C onsol Gas 0 t .. 1910 J AD 116*
24 M A s .,. ,. .1 9 1 8 JA D
Cb B ar A Q 4 * . 1922 FA A 100
5s...................... 1930 JA D 113
torr» Xh t
A A O 103
r lf-fl} G a A A ia ts tp f5 s l9 4 3 A A (.' 1 0 8 *
10*1
Ch leagio J UQC 5s. 1915 J AJ U S *
103
83
!
123*
10’ i i Ch A N o M g u 5 « .'3 1 MAN
90
Chl A W M
5«.*21 J * l>
kFla 1st 5*. 1945JAJ 1 0 9 *
2
05
K n o x v T r a c l s t 5 s ‘ 88 AA<» 1 0 7 *
35
Con. o f V e rm ’ t 5 a .'13 JA J
CtllT’ t Hi7 U t 1 . , ‘ 37 A A O ......... 7 i *
La s a ft Ei ls tg u 5 s ’ 42M A8
31
95
07
MetSU W a sh } 1st 5#‘85F A 1 8 0 *
D G R A W U t U N f l AA O
New Or! Gas 1st 5 s .,.V » r
Dom in Coal lstfts-MftMAft
Eaat'n U t M ftsg. Oft MAS j i v r 120
N o rfo lk St 1st 5s ’ 4 4 ..!AJ 109 ”
N orth Cent 4 * * . 1925A A O
171
Fr Elk AM Y 1st 6# *33 end
fls 19 0 0 ..................... AAO 104
106 II 0s gold 1900 ........... JAJ 104*
4 6 * ITlln 8teel ©ou t 5s.* 10 JAJ
102
0s 1 9 0 4 . . . , , ............. J A I 113
D ebenture 5«. 1913 A A O
85*
73
4ft
K C C A S 1 s t 5 s » .'2 5 AA O
Series A 5* 1 9 2 0 ....J A J UW
37*
K C Ft SAG I f t 7s.'0 8 JA D i l l 4
Series B 5s 1 9 3 6 ....J A J 119
t o o l )htoA511st73DV905MAN* 103
ia i
K C F 8 A M con 6 ' 28 M A N \ 95
P itt Un True 5 g .l9 » 7 JAJ 112 *
In com e 5«........... ........ ...
45
PotornV al 1s t 5s. 1941J AJ
.......
...
.......
K O A M RjrAB 5*-'39 AA O [100
110
K C 3t J o A C B 7 s /0 7 JAJ 120
H
j.........
100
Virg M id 1st Os.1900 M A *
1 1 0 * ! L R o c k A F S I « t 7 « .'0 5 J A i 1 1 0 5 *
2d series 6 s ., 1911 MAS
L EAftf L 1st 6* g.'2fl A A r>
17
24 M 5 -6
1930 AA O
........ - - - 1»t ' i 3d series ( * ,. 1 9 1 0 MAS i'l'a”
4th ser 8-4*5#. 1921 MAS 104
5th series 5s. 1936 MAS 109*
60* ’ M ex Cent 4s * ..1 9 1 1 JA J
■n%
1st c o n tne y s g o o n -c u m
88
V » (S tate) 3s n ew .’ 38JAJ
% 18
Fund debt2-8s. 1 9 9 1J AT
1*3 1 2d co n In© 3s non-enrri-.
8
th
V * A T en n 3d 5s. 1900 J AJ too
a * ' New Hn* T e le 0 s .’ 9 » AA O 100
0«
. ,. ., 1 9 0 7 AA O
6*....................... 1900 JA J
3 ft* !
........
11
402
6,393
5
314
22,851
731
258
104*
235
175*
149*
150
130
131*
37*
48*
01*
122
38
95*
70
30
8*
95
55*
81*
804
46*
70
99
12*
34
18%
50*
81
38%
33 %
45
95
Jan.
Mar.
F eb .
M ar.
F eb .
M ar.
M ar,
Feb.
M ar.
Mar.
Jan.
M ar.
Feb.
Jan.
Jan .
Mar.
M ar.
Feb.
Feb.
Jan.
Mar.
Jan .
Jan.
Mar.
Jan.
M ar.
M ar.
Feb.
Jan .
M ar.
Feb.
Feb.
Jan .
18
27
1
29
18
20
11
18
28
29
13
28
1
23
27
9
30
0
15
20
11
23
23
9
24
23
23
21
23
30
81
21
19
380
180
132
830
97
895
94*
71*
58*
170
107*
t"0
07%
33
45*
25*
154
49
29*
160
55
46*
1*
52%
04*
Feb.
Mar.
M ar.
M ar
F ob .
F ob .
M ar.
M ar.
M ar.
M ar.
M ar.
Fob.
M ar.
M ar.
M ar.
Mar.
F eb .
F eb .
Mar.
Mar.
M ar.
M ar.
F eb .
Fob.
Jan.
14
30
80
1
17
21
22
18
30
17
23
14
30
30
29
28
23
18
15
30
30
23
18
24
10
I
BONDS
II a It I m o r e —Co nci n *d.
W e st N C co n 0s. 1 0 14 JA J
W e st VaCA P ls tA g .’ l 1JAJ
W ll A W eld 5*.. 1085 JAJ
H on d a — P h ila d e lp h ia
AU City 1st 5s g-.’ 19 M AN
B s Ils T c r U t 5 s .l 9 .l 0 JA D
B B o ro Gas l » l 5 » , ’ 88M A 0
C am bria Iron 0S-1917JAJ
C ataw tsj* M 7S-1900 FA A
C h esA D Can 1st5 s.410 JA J
C h oc O kla A G prior 1leu 6«
G eneral 5 s . . . ,1 9 1 9 JAJ
C ltV S t fty (ln d )c o n 5s-*33
C olom 8 t R> 1st con 5s.’ il2
Con T ra c o f N J 1st 5s..433
Del A B Bk U t?a.*Q 5F A A
EastA A 1st M 5a.'20 MAN
Bdlaon KJoc 5s st-k tr ctfa.
H lecA P e o p ’ s T r stk tr otfa
ElniAW IIm 1st 0 s-'lO JA J
111*
In co m e 5a... .2 6 6 2 AAO
Kq 111 G as-L 1st g 5s. 1928
Ile s t o n r M A F co n 5s.*24
H A B T o p co n 5s.’ 25 A \ •
In tern at S a r 0 « .,,,.1 9 U 0
K O B a b B 1st 0S..2O JA D
K C P A G 1 s t5 s ..'23 AAO
L eh igh N a r 4 * s , . '1 4 * - J
R B 4s g . . . . .. .1 9 1 4 Q-K
Congo) 7 a . . . .1911 JA D
G en M 4 * s g , . 1924 Q -F
Ixih V C 'l ls tfis g .'ft S J A J
I>eh Val e x t 4s.. 1948 JA D
2d 7 s ............... 1910 MAft
105*
C onsol 0 s . . . . . 1923 JA D
A n n u ity 0s...............JAD
N ew ’ kC onG iifl Os *45 JA D
US*, N ew ark Pass co n 5s. 1030
1 2 0 i N o P en n U t 4s..’ 30 M AN
G en M 7 * ......... 1 90 9JA J
Penn gen 0s r . . . 1910 Var
C on sol 6« c . , . . 1905 Var
C on sol 5s r. ...1 9 1 9 Var
103*
1 2 4 * Pa A N Y Can 7s..'O0 JA D
110 *; Cons 5 b..........1939 A A O
107*
Corn* 4 s ..........1939 AA O
Penn Steel l»t5 s.M 7 MAN
P e o p le 's T r tr oorta 4s.*48
Perkiom l« t a e r 5 s .?18 Q-J
PhUa E lec gold trust c tfs
P h A R r gen M 5g,*30 A A O
G en M 4s g -.1 9 2 0 AAO
Ph A Read 2d Os.'SS A A J
Consol M 7 b .. 1911 JA D
Con M 6s g . .. 1011 JA D
E x t Im p M 4s g .'4 7 A A O
Con M o f *82 4s.*37 J A I
T erm inal 5s g .1 9 4 1 Q -F
P W il A B a lt 4 s .l0 1 7 AAO
C ollattru at48.1 921 JAJ
P itta C A 8 t L 7s. 1900 F A A
Rejwl Co gen 4 b, 1097 JA I
R och ester R y c o u 5s. 1930
84
....
B id , |A s k .
119
114
118
102
109
119*
109*
103
108*
107
104
107*
117
112
98*
99
125
109
109*
116*
00*
107
109
98*
118
120*
180 *
118
119* 180*
106*
117*
.113
117
181
118
*»•••
120
103
90
103
108
108 *
103
125
183*
123
104*
103
120
105*
105*
118
Heran T ra c I st 0» ‘ 32M AN
U nion T e rm 'i U t 5a.FA A
U nited N J 4 s . . 1944 MAS
U nT racP ltt#gen 5a'97JA J 112
lA n d interest.
f| 1 5 0 paid.
•Price Inclu des o v e rd u e co u p o ns.
THE CHRONICLE.
612
[V o i. L iV I I I .
L a te s t G ross E a r n in g s .
Jn xuestm ettl
W e ek o r M o
J |la iIr o a d In t e llig e n c e .
RAILROAD
EARNINGS.
The following table shows the gToss earnings of every
ITRAM railroad from which regular weekly or monthly returns
•an be obtained. The first two columns of figures give the
gross earnings for the latest week or month, and the last two
oolumns the earnings for the period from January 1 to and
Including such latest week or month.
7Jie returns o f the street railioays are brought together sep
arately on a subsequent page ,
L a te s t G ro s s E a r n in g s .
R oads.
W e ek o r M o
1 8 9 8 -9 .
*
1 6 ,3 4 8
3 4 ,9 1 2
6 6 ,9 7 1
1 8 9 8 -9 .
$
U fD
1 8 9 7 -8
*
2 1 ,4 8 2
3 0 ,5 1 9
7 0 ,1 9 4
J a n . 1 to L a te s t D a te
1 8 9 8 -9 .
1 6 ,3 4 8
A d ir o n d a c k - . . J a n u a r y . . .
3 9 0 ,8 2 3
A l a . G t. S o u t h . . !3rtw k M a r.
66,i>71
A l a . M id la n d .. . J a n u a r y ...
A la . N . O . A T e x . P a o . J u n o .
2 6 9 ,0 2 1
2 5 .0 0 0
2 9 .0 0 0
N O rl. A N . E la t w k M ’ c li
1 3 0 ,2 9 7
12.000
1 3 .0 0 0
A la . & V i c k a k . l s t w k M ’ c h
12.0
00
1 2 6 .9 2 5
1 1 ,0 0 0
V ic k s . S h .A P . la t w k M ’ c li
4 1 0 ,7 8 5
1 8 5 ,4 9 9
A l le g h e n y V a l. F e b r u a r y J 1 8 6 ,6 2 1
2
7
,6
1
2
3
3 7 ,3 1 9
3 2 ,1 8 1
A n n A r b o r .......... 3 d w k M ar.
1 0 ,8 7 3
1 0 ,8 7 3
1 0 ,3 3 0
A r k . M i d l a n d . .. J a n u a r y ...!
6
,1
8
8 ,0 6 2
A tO h .T . A S .F e . . F e b r u a r y . 2 ,9 5 9 ,7 3 9 3 ,0 5 6 ,3 8 9
17 7 ,7 4 8
1 3 4 ,4 0 7
A t l a n t a A C h a r J a n u a r y .. .
1 7 7 ,7 4 8
2 3 ,6 2 5
5 2 ,4 8 1
AtL K n ox.< feN o. F e b r u a r y . i 2 4 ,6 1 0
5 2 ,6 3 3
5 2 ,6 3 3
5 5 ,5 3 9
A t l a n t a & W . P . J a n u a r y .. .
1 9 1 ,1 3 6
1 7 4 ,9 1 4
A t l .C ’ s t L l n e S .C D e c e m b e r .
1 4 ,5 8 4
1 2 3 ,1 9 7
1 4 ,5 0 5
A t la n . A D a n v . . 3 d w k M a r I
1 5 .0 9 4
1 7 ,9 7 5
1 5 1 ,3 3 6
A u s t in A N ’ w e s i D e c e m b e r . |
B a lt. A O h io ___ F e b r u a r y 1 ,7 9 2 ,8 8 1 1 ,9 1 2 ,3 6 1 3 ,9 7 2 ,7 6 9
1 4 5 ,4 2 8 1 ,3 1 4 ,0 1 7
B a l. & 0 . 8 o u ’ w . 3 d w k Mar.| 1 2 2 ,6 5 1
1 ,8 6 4
1 ,8 6 4
1 ,8 3 3
B a th & H a m ’ndfif J a n u a r y .
3 ,9 2 3
1 ,8 9 8
2 ,2 9 3
B ir . A A t l a n t i c . F e b r u a r y .
4 8 ,8 8 4
5 0 ,1 0 7
4 8 ,8 8 4
B r u n s w ’k A W e s t J a n u a r y . ..
6 6 ,2 2 3
6 6 ,7 8 3
7 7 1 ,7 2 3
B n ff .R o o h .A P it t 13 d w k M a r.
3 1 ,0 1 9
3 1 ,0 1 9
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4 8 ,9 3 2
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1 C 2 .5 4 0
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7 7 ,4 6 3
9 7 3 ,8 3 5
7 9 ,8 5 3
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4 4 9 ,0 0
4 6 3 ,0 0 0 5 ,0 4 2 ,9 53
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5 ,8 8 9
5 ,4 8 5
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5 9 ,9 7 8
1 1 5 ,9 4 9
1 0 0 ,7 8 5 1 ,3 1 7 ,1 3 4
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5 1 ,5 4 3
4 7 .2 8 8
C e n t r a l N . E . . . IJ a n u a r y .. .
5 1 ,5 4 3
8 6 7 ,6 9 3
C e n tr a l o f N . J . . ,F e b r u a r y .
8 8 5 ,2 9 1 1 ,9 6 0 ,2 5 6
C e n tr a l P a o ih o . D e c e m b e r . 1 ,2 6 3 ,2 9 2 1 ,1 4 1 ,9 5 1 1 5 ,9 4 0 ,8 0 9
5 7 ,1 3 9
C h a r le s t ’ n A S a v J a n u a r y .. .
6 8 ,7 9 4
5 7 ,1 3 9
8 2 ,1 5 0
7 9 ,6 2 1
C h a s ’ n A W .C a r. N o v e m b ’ r .
1 ,2 7 0
O h a tta n ’ g a S o .. 2 d w k M a r ,
1 ,3 7 6
1 1 .5 2 8
2 3 3 .6 1 8
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2 2 3 ,1 1 9 2 ,3 5 6 ,7 1 4
C h ic . B u r. A Q_. F e b r u a r y . 3 ,0 2 6 ,7 7 6 3 ,1 3 9 ,7 1 6 6 .2 2 0 ,2 2 8
1 0 3 ,5 7 0
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8 9 .6 6 0 1 ,0 5 8 ,2 4
1 2 0 ,1 3 9
C h lo. G t. W e s t ’ D 3 d w k M a r.
1 1 0 ,5 4 6 1 .2 5 5 .8 4 9
6 6 ,4 3 3
C h ic . I n d . & L . 3 d w k M a r .
6 0 ,2 5 7
6 5 8 ,0 3 0
6 9 5 ,9 0 3
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6 6 6 ,4 9 4 7 ,5 9 1 ,9 0 8
C h lo .A N ’ t h w ’ n . F e b r u a r y . 2 ,6 9 1 ,4 2 1 2 ,5 8 6 ,8 7 2 5 ,5 2 1 ,0 1 9
6 4 .1 1 6
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7 1 ,0 0 1
1 3 0 ,7 8 1
C h lc .R ’ k I . A P .. J a n u a r y .. . 1 ,5 3 9 ,8 4 7 1 ,4 3 5 ,0 3 7 1 ,5 3 9 ,8 4 7
7 1 0 .6 1 9
C h lo .8 t .P .M .A O . F e b r u a r y .
5 9 1 ,2 7 2 1 ,5 3 4 .4 2 8
C h io .T e r .T r .R R . 3 d w k M a r.
2 0 ,9 1 8
2 1 ,4 6 1
2 4 8 ,3 8 1
C h lo. A W . M i c h . 3 d w k M a r.
4 0 ,5 8 1
3 7 ,4 9 8
4 1 8 ,« 3 0
C h o c . O k . A G u l f . J a n u a r y . ..
1 9 5 ,3 1 6
1 5 0 ,7 1 0
1 9 5 ,3 1 6
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4 ,2 3 1
3 ,9 8 6
8 ,7 0 9
O ln .N . O . A T . P . F e b r u a r y .
3 2 2 ,3 9 7
3 2 1 ,1 6 1
6 7 9 ,1 1 2
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2 0 ,2 4 7
1 9 ,9 8 9
4 0 .b 27
1 8 ,3 3 0
C le v . A k . A C o l .,3 d w k M a r.
1 5 ,6 9 6
1 8 1 ,9 9 0
1 2 ,6 4 1
C le v .C a n . A S o . . 2 d w k M a r.
1 2 6 ,2 9 2
1 2 ,4 3 8
2 6 5 ,1 5 2
O L C ln .C h .A 8 t .L '3 d w k M a r.
2 6 4 ,8 1 8 2 .7 9 1 .8 5 0
P eo. A E a st’n F eb ru a ry .
1 3 7 ,1 2 8
1 5 7 ,0 6 8
2 8 2 ,1 8 3
3 4 ,1 8 4
C l.L o r . A W h e e l . 3 d w k M a r .
2 9 ,3 8 5
3 4 8 ,6 1 9
O oL M id la n d ___ F e b r u a r y .
8 8 .9 2 8
1 2 3 ,8 8 9
2 2 9 ,8 4 7
C o l o r a d o & S o . . J a n u a r y .. .
3 2 5 ,1 1 8
3 2 5 ,1 1 8
C o l .H . V . A T o l . ,'J a u u a r y ...
2 2 4 /1 1
2 1 1 ,6 0 5
2 2 4 ,0 1 1
C o l. S a n d ’ y A H 3 d w k M a r.
1 1 ,5 8 6
1 5 ,4 6 8
1 7 1 ,0 6 6
1 ,4 5 0
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1 ,7 0 0
2 ,6 5 0
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1 ,2 8 5
1 ,1 4 6
1 ,2 8 5
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6 0 ,0 0 8
6 0 .7 3 0
6 0 .0 0 8
D e n v . A R i o G r 3 d w k M a r.
1 7 7 ,5 0 0
1 3 7 ,5 0 0 1 ,7 9 1 ,0 5 7
D e e M . N . A W .. D e c e m b e r .
3 9 ,5 9 1
3 7 ,2 3 1
5 2 0 ,1 6 4
D e t .G .R a p . A W 3 d w k M a r.
2 7 ,2 9 6
2 4 ,3 7 2
2 8 8 ,2 3 2
D e t .A M a c k in a c J a n u a r y .. .
4 7 ,5 5 9
3 8 ,3 3 5
4 7 ,5 5 9
D u lu th S .S .A A t) 3 d w k M a r.
2 5 ,8 9 4
3 1 ,0 9 0
3 8 3 ,5 2 1
E l g l n J o i .A E a s t . F e b r u a r y . I 1 4 2 ,4 5 3
1 2 5 ,8 3 6
2 8 4 ,6 6 1E r ie .........................F e b r u a r y . 2 ,2 1 4 ,6 2 9 2 ,2 4 7 ,1 9 1 4 ,7 0 4 ,4 6 4
E u r e k a S p r in g e . J a n u a r y ...
4 ,4 5 5
3 ,4 8 6
4 ,4 5 5
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6 ,3 2 8
5 ,2 0 3
6 6 .5 2 8
E v a n s v . A T. H . 3 d w k M ar.
2 3 ,1 2 8
2 5 ,2 6 8
2 5 5 ,7 1 0
F in d . F t .W .A W . J a n u a r y ...
7 ,8 8 3
6 ,2 3 4
7 ,8 8 3
F lin t A P .M a r q 3 d w k M ar.
6 3 ,2 1 4
6 2 ,4 9 9
6 6 0 ,2 4 8
F la .C e n t .A P e n . 3 d w k M a r .
4 9 ,8 3 2
4 8 ,8 7 3
5 5 6 ,4 7 0
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3 0 ,6 9 8
2 5 ,5 1 4
3 0 8 .9 9 3
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8 ,1 5 4
8 ,8 6 7
8 8 .5 ^ 9
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566;
581
1 ,2 6 9
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3 1 ,7 2 s
3 4 ,9621
3 6 2 ,0 2 4
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2 6 ,4 4 6
2 9 ,3 9 7
G a .C a r ’ la A N o . D e c e m b e r .] 1 0 ,5 7 9
7 4 ,7 2 6
8 9 8 ,3 6 5
G e o . S o. A F l a . F e b r u a r y .,
66,020
7 3 ,9 6 0
1 4 2 ,2 1 9
G r .R a p . A I n d .. 3 d w k M a r . |
4 3 ,4 2 4
4 1 .6 5 3
4 7 1 ,8 0 1
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1 0 ,2 4 3
9 ,2 2 2
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1 ,0 4 7
784
9 ,0 1 0
2 .2 7 1
M ur . G . R . A i 3 d w k M a r . I
2 .9 9 3
2 1 ,7 9 6
T o t a lllin e s . ,3 d w k M a r .1
5 6 ,9 8 5
5 4 ,6 5 2
6 0 3 ,7 2 5
G r .T r ’n k 8 y 8 t ’ iii 3 d w k M a r.
4 7 9 ,0 1 8
4 5 3 ,4 7 0 ! 5 ,2 3 7 ,5 3 9
C h ic . A G r . T r . 2 d w k M a r .j
8 3 ,8 7 1
95 259
8 3 7 ,0 1 7
D e t .G r .H .A M . 2 d w k M a r J
1 5 ,4 7 1
1 7 ,5 5 8 ,
1 5 9 ,0 2 7
G r e a t N o r t lT n — |
St. P . M . A M .'F e b r u a r y . 1 , 1 1 9 , 7 0 8 1 ,0 2 3 ,8 7 7 ! 2 ,3 4 1 ,0 0 5
E a s t o f M in n . F e b r u a r y J 1 8 9 ,9 0 7 j 9 0 ,2 1 8
3 6 7 ,0 7 4
M o n t a n a C e n t F e b r u a r y . I 1 3 2 ,8 9 7
1 6 0 ,2 1 0
3 1 3 ft 27
T o t s y s t e m F e b r u a r y . "*1 ,4* 4 2 ,5*1 2 '1 ,2 7 4 * ,3 0 5 3 ,0 2 L 6 0 6
G ’ l f B ’m n t A K .O F e b r u a r y .
1 6 ,0 8 9
1 1 ,1 8 1 ,
3 6 ,2 4 5
G u lf A C h i o a g o . jD e c e m b e r .
3 ,4 4 2
7,3671
6 1 ,8 4 9
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4 ,1 3 7
3 ,3 0 9
5 4 ,5 0 7
H o n s .A T e x .G e n D e c e m b e r .
4 5 0 ,1 6 7
3 0 7 ,6 0 6 3 ,6 4 6 ,5 9 8
I ll i n o i s C o n tr a il F e b r u a r y . * 2 0 9 1 9 5 6 * 2 1 8 3 3 9 8 t 4 5 1 5 , “ 48
I n d . D e o . A W est. |N o v e m b ’ r . j 4 2 ,2 7 6
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771.595'
7 6 ,3 7 5
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1 8 9 7 -8 .
2 1 ,4 8 2
4 0 1 ,3 0 6
7 0 ,1 9 4
2 7 3 ,2 0 0
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1 4 0 ,7 9 3
3 9 8 ,2 5 9
3 5 7 ,2 5 2
1 0 ,3 3 0
5 ,9 1 6 ,8 3 8
1 3 4 ,4 0 7
4 9 ,0 4 7
5 5 ,5 3 9
1 2 4 ,6 7 7
1 7 8 ,0 3 9
3 ,9 8 2 ,7 9 1
1 ,4 5 5 ,6 6 6
1 ,8 3 3
4 ,2 7 3
5 0 ,1 0 7
7 4 2 ,4 0 6
7 6 ,8 0 0
8 5 6 .8 0 5
4 ,5 7 5 ,9 6 9
5 4 ,5 2 6
1 ,3 4 1 ,2 9 4
4 7 .2 8 8
1 ,9 4 0 .9 9 0
1 4 ,1 7 3 ,6 0 4
6 8 ,7 9 4
1 3 ,8 9 9
2 ,5 3 7 ,1 0 0
6 ,1 8 4 ,1 7 2
9 5 8 ,6 9 2
1 ,1 1 7 ,3 3 4
6 1 6 ,4 1 2
6 ,7 2 5 ,0 3 4
5 ,1 4 8 ,4 2 9
1 4 9 ,0 6 0
1 ,4 3 5 ,0 3 7
1,158,*7 5 1
2 4 6 ,6 2 4
3 5 1 .0 0 4
1 5 0 ,7 1 0
8 ,3 6 8
6 5 3 ,9 9 6
3 8 ,6 3 9
1 7 0 .6 8 7
1 2 6 ,7 3 9
2 , 9 '4 , 7 4 6
3 0 4 ,0 8 4
3 2 3 ,4 0 5
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2 1 1 ,6 0 5
1 6 0 ,6 1 3
3 ,4 0 0
1 ,1 4 6
6 0 ,7 3 0
1 ,6 0 3 ,9 2 7
4 3 0 ,3 8 2
2 6 9 ,0 3 7
3 8 ,3 3 5
3 1 5 ,0 0 0
2 4 6 ,4 7 8
4 ,6 1 0 ,8 9 3
3 ,4 8 6
6 2 ,6 7 1
2 5 8 ,8 2 0
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6 3 7 ,2 8 0
5 3 5 ,4 1 8
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9 0 ,8 4 4
1 ,2 4 5
4 0 9 ,5 4 8
8 8 i j o 48
1 5 7 ,6 9 1
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8,212
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752 298
1 7 3 ,1 8 3
2 ,1 1 1 ,6 6 1
1 9 5 ,1 6 6
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2 ,6 4 0 ,7 2 0
2 L .1 9 4
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1 8 9 7 -8 .
6 5 ,6 3 3
6 4 ,4 6 6
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6 7 ,3 6 0
7 3 .5 0 0
IJ n t e r o o . (M e x .) W k M a r . 11
3 2 ,1 3 1
3 6 ,0 1 1
I o w a C e n tr a l... 3 d w k M ar
4 ,1 5 0
4 ,4 4 8
I r o n R a i l w a y ___ F e b r u a r y
3 1 .4 8 9
3 3 .0 9 6
Jack . T. A K .
F
~ eb ru a ry
1 1 ,5 3 2
8 .8 3 0
K a n a w ’ a A M io i) 3 d w k M a r .
9 0 ,8 9 6
8 9 ,7 6 1
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2 3 ,1 0 2
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2 4 .6 2 3
3 3 . 17
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4 .5 7 0
4 ,5 2 8
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6 3 .0 6 5
7 3 ,8 1 4
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9 ,7 7 2
8,686
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1 2 ,0 4 7
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L eh . V . C o a l C o . F e b r u a r y . 1 ,3 8 7 ,4 5 4 1 ,1 6 7 ,6 8 8
1 5 ,6 8 9
1 5 ,6 0 4
L e x ’gton A E a st. Jan u ary.
1 9 8 ,7 3 3
1 8 2 ,4 1 1
L o n g ls la n d R R F e b ru a ry
1 8 7 ,3 5 7
2 0 5 ,2 6 8
L o n g I b . S y s te m . F e b r u a r y
6 ,1 2 7
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3 0 ,4 2 7
31 055
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9 ,1 1 3
9 ,6 7 2
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4 2 0 ,4 7 0
4 5 8 ,6 7 0
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5 ,9 0 1
4 ,0 9 4
M aoon A B ir m . F e b ru a ry .
7 ,6 6 5
6 ,8 6 3
M a n i s t i q u e ___ F e b r u a r y
2 4 6 ,3 2 6
2 9 0 ,4 9 6
[ M e x ic a n C e n t. 3 d w k M ar.
3 8 4 ,3 1 7
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1 3 0 .2 9 3
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7 .5 7 0
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6 ,7 3 6
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3 4 2 .0 0 0
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1 3 8 ,0 6 4
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4 3 6 ,1 4 4
4 0 9 ,8 1 7
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3 ,4 3 1
2 ,3 0 5
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N . Y . C. A H . R . F e b r u a r y . 3 ,2 7 5 ,9 1 6 3 ,3 7 9 ,7 1 7
6 5 ,5 4 0
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8 1 ,6 1 9
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N o rth ’ n A la . R y . 3 d w k M ar.
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7 ,7 1 1
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4 1 6 ,9 9 9
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1 4 ,2 1 8
1 8 ,8 ? 9
O h io S o u t h e r n .. J a n u a r y . ..
6 2 ,3 2 3
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O r e g . Sh. L i n e . . J a n u a r y .
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4 4 7 ,3 6 9
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3 7 3 ,6 7 8
3 3 2 ,3 9 5
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3 4 6 ,6 6 6
3 2 3 ,0 5 1
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1 4 ,4 -9
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C o a l A I r . C o F e b r u a r y . 2 ,0 4 2 ,6 1 8 1 ,4 4 4 ,4 2 2
T o t . b o t h C o ’ s. F e b r u a r y . 3 , 5 4 3 ,2 8 1 2 ,9 3 4 ,5 3 7
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6 5 8 ,0 1 6
6 2 5 ,2 1 6
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3 ,1 2 4
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3 ,5 6 4
2 0 ,7 8 2
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3 2 ,3 6 2
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5 ,2 8 7
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8 ,7 1 3
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88,200
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G a l.H a r .A S .h D e c e m b e r .
5 2 9 ,9 8 1
1 0 5 .9 2 0
L o u is ’ a. W e s t . D e c e m b e r .
1 2 6 ,5 1 4
6 8 1 ,1 0 2
M organ ’sL A T . D ecem b er.
6 6 3 ,4 5 6
3 1 ,5 7 2
N .Y . T . A M e x . D e c e m b e r .
2 9 ,7 4 3
1 4 0 ,9 5 8
T e x . A N . O r l .. D e c e m b e r .
1 6 7 ,3 0 8
A t l . P r o p ’ t e e .a D e c e m b e r . 1 ,5 6 3 ,4 7 3 1 ,4 5 9 ,1 2 3
S o . P a o . o f C a l. D e c e m b e r . 1 ,2 1 8 ,1 3 8 1 ,2 3 0 ,4 3 2
2 7 2 ,4 9 1
S o .P a o .o f A r iz , D e c e m b e r .
2 9 0 ,3 7 3
1 3 0 ,6 2 2
S o .P a o .o f N .M D e c e m b e r .
153 461
P a o if lo s y s t e m D e c e m b e r . 3 ,1 6 9 ,1 7 7 2 .9 9 8 ,3 9 2
T o t a l o f a ll.5 F e b r u a r y . 4 ,1 7 1 ,6 7 1 4 .3 3 6 ,4 1 9
4 2 2 ,8 0 1
S o u t h e r n R y ........ i d w k M a r .
4 7 7 .8 8 8
725
S t o n y C l.A C .M t . J a n u a r y .. .
789
4 ,2 8 *
T e x a s C e n tr a l. 2 d w k M ar.
4 ,5 1 0
1 3 7 .9 2 1
T e x a s A P a o lfle 3 d w k M ar.
1 4 9 .0 1 4
4 ,1 3 5
T e x . S . V . A N .W . D e c e m b e r .
6 ,7 7 9
3 0 ,8 4 5
T o i . A O h io C e n t 3 d w k M a r .
3 0 ,4 6 4
1 7 ,0 9 8
T o l . P . A W e s t .. 3 d w k M a r ,
1 7 ,2 3 0
4 1 .3 9 3
T o l .S t . L . & K . C 3 d w k M a r .
3 5 ,6 6 1
U n io n P a o . R R . . J a n u a r y .
1 ,4 5 9 ,9 0 0 1 ,3 0 7 ,3 1 9
7 6 ,4 9 4
U n .P .D e n . A G - . 2 d w k M a r .
6 1 ,1 0 0
2 5 2 ,7 2 6
W a b a s h ................ 3 d w k M a r
2 8 4 ,4 1 1
1 3 6 ,1 4 4
W .J e r s e y A S e a ’ e F e b r u a r y .
1 2 6 ,1 4 4
8 4 ,1 4 8
W .V .C e n .A P it t s F e b r u a r y .
7 5 ,9 3 8
32,70-*
W e s t V a .A P it t s . D e c e m b e r .
2 4 ,8 4 6
5 8 ,8 2 6
W e s te rn o f A l a . J a n u a r y .. .
5 7 ,2 1 0
5 2 ,7 0 0
W e s t .N .Y . A P a . 3 d w k M a r .
6 2 ,7 0 0
2 8 ,1 4 3
W h e e l. A L . E r ie 3 d w k M a r
3 0 ,3 3 3
9 J,8 7 1
W is c o n s in C e n t. 3 d w k M a r .
9 5 ,3 3 4
7 ,4 6 4
#Vng a t s v .A T e n . F e b r u a r y .
9 ,1 5 7
5 ,0 2 6
iT^rir S o u t h e r n . J a n u a r y .. .
5 .1 4 6
J
J a n . 1 to L a t e i t D a ta .
1 8 9 8 -9 .
$
1 8 9 7 -8 .
7 6 9 ,6 6 0
7 3 4 .8 0 0
4 3 8 ,7 1 7
8 ,5 0 6
6 6 ,6 1 1
1 2 0 ,6 5 1
9 3 7 ,5 3 2
3 1 7 .6 1 9
5 1 ,5 6 5
5 0 ,5 0 3
7 9 6 ,9 6 9
1 1 8 ,4 5 4
9 2 ,8 0 0
7 2 1 ,8 9 2
7 6 ,2 7 7
2 .7 5 7 ,3 9 2
3 , 0 1 0 ,0 3 6
1 0 ,6 -9
4 1 * ,8 9 0
4 :0 ,9 0 8
1 5 .6 0 7
3 2 2 ,7 2 9
8 8 .4 8 0
4 , 8 8 1 ,9 5 2
9 ,4 6 5
1 3 ,7 4 2
3 ,2 0 4 ,7 8 8
3 8 4 ,3 1 7
1 ,4 3 8 ,9 3 0
5 4 6 .3 7 7
9 0 3 ,7 0 0
1 5 2 ,9 3 5
4 9 0 ,9 6 7
6 7 9 ,8 0 8
2 ,4 2 7 ,5 1 7
5 ,3 7 7 ,5 5 1
2 2 6 .3 7 7
5 , 6 0 3 ,9 2 8
8 2 ,1 5 7
7 5 0 .8 0 0
2 0 7 ,4 4 2
9 2 4 ,8 5 5
S
8 2 9 ,2 3 5
6 4 4 ,9 4 0
3 8 3 ,8 7 5
7 ,6 4 7
6 1 ,7 5 1
1 1 1 ,3 7 9
1 ,0 5 2 ,0 2 1
3 7 0 ,8 7 4
6 4 ,7 2 3
6 4 ,6 0 0
7 0 2 ,0 1 5
9 8 ,5 7 3
9 6 ,3 1 3
7 3 7 ,7 5 4
6 0 ,7 5 6
2 , 7 6 5 ,5 4 4
2 , 6 7 3 ,0 6 9
1 5 ,6 0 4
4 3 6 ,2 2 4
4 5 1 ,7 4 0
1 4 ,4 4 7
3 2 8 ,7 6 4
7 8 ,8 3 6
4 ,8 3 0 ,8 1 3
1 1 ,7 9 5
1 8 ,3 0 5
2 ,8 7 0 ,4 3 5
2 7 0 ,8 0 0
1 ,3 1 3 ,4 0 5
5 3 7 ,1 7 7
8 0 3 ,9 0 0
1 3 9 ,3 0 0
4 2 8 ,8 1 7
7 1 3 ,9 4 4
2 , 4 3 0 ,0 4 0
5 ,5 4 5 ,4 1 9
2 8 2 ,2 6 2
5 ,8 2 7 ,6 8 1
9 8 ,5 3 5
7 2 0 ,7 8 3
2 6 3 ,5 8 3
8 9 8 .2 1 0
6 , 9 1 0 ,9 6 6
6 5 ,8 3 1
3 6 3 ,9 9 6
2 , 4 0 5 ,0 5 5
4 6 ,5 7 4
7 3 ,1 5 7
963 615
4 ,4 9 3 ,2 1 6
1 9 1 ,4 8 4
7 5 .2 5 8
1 , 2 9 8 ,9 2 5
5 2 1 ,6 3 7
3 3 2 ,3 9 5
3 4 6 ,6 6 6
9 , 8 8 1 ,0 0 5
1 6 8 ,5 0 6
2 7 6 .1 3 5
3 , 3 6 5 ,3 1 7
4 , 3 1 4 ,9 6 9
7 , 6 9 0 ,2 8 6
1 , 3 5 6 ,1 5 6
2 ,6 6 0 ,3 0 1
6 ,2 6 2
1 8 9 ,0 4 2
3 3 1 ,0 0 4
1 7 2 ,3 5 9
5 5 ,2 2 8
5 6 5 ,4 7 3
7 6 ,6 7 6
6 2 ,o 2 6
2 5 ,2 6 2
9 5 ,9 1 6
6 1 6 ,7 4 4 1
1 7 ,5 0 0
2 6 1 ,2 1 2 !
5 3 .0 8 5
1 1 ,5 3 6 ,
1 ,5 0 3 ,6 8 4 !
1 ,2 -« 1 ,9 4 6
2 3 4 ,9 0 8
1 3 8 ,4 9 5
1 1 7 ,7 7 6
1 9 1 ,2 1 6
3 1 0 ,6 5 3
5 6 ,3 0 7
2 4 ,7 8 5
2 8 9 ,3 8 1
6 , 7 8 7 ,5 2 3
7 3 9 .7 8 7
3 5 4 ,0 6 2
2 ,4 7 3 , 4 2 9
4 5 ,6 2 7
6 7 .7 3 0
1 ,0 1 6 ,3 1 5
4 ,4 0 4 ,3 5 9
1 7 6 ,0 6 6
6 2 ,3 2 3
1 ,3 7 8 ,5 6 7
4 4 7 ,3 6 9
3 7 3 ,b78
3 2 3 ,0 5 1
9 ,9 1 8 ,6 0 5
1 7 4 ,0 7 6
2 5 3 ,1 2 8
3 , 2 1 4 ,5 8 7
3 ,3 8 8 ,8 2 3
6 ,6 0 3 ,4 1 0 1 ,3 3 8 ,9 5 6
2 ,5 3 6 ,1 5 1
7 ,7 6 $
1 6 2 .2 1 1
2 9 6 ,6 5 7
1 9 1 ,2 0 3
4 8 ,0 1 9
5 4 1 ,4 7 2
8 2 ,3 7 2
5 7 ,2 2 2
2 5 ,0 2 5
9 3 ,8 5 0
5 9 0 ,1 8 3 .
1 5 ,3 9 7
2 8 0 ,9 5 7 ’
5 5 ,2 5 1 .
1 2 ,8 9 0
1 ,4 6 7 ,3 2 2
1 ,2 2 2 ,4 3 8
2 0 0 ,3 0 8
1 6 0 ,6 5 9
1 1 0 ,4 7 0
1 5 8 ,1 0 9
309 906
5 5 .7 3 1
1 3 ,2 3 2
2 7 9 ,1 6 1
5 ,4 5 2 ,0 7 1
1 ,2 3 8 .9 4 1
6 ,4 0 4 ,3 6 1
3 3 5 ,6 0 7
1 ,7 1 3 ,4 3 9
4 .4 7 7 ,0 9 2
8 9 6 ,5 8 1
5 ,1 2 7 ,3 9 4
3 4 8 ,7 7 2
1 ,4 4 2 ,2 2 9
3 ,1 3 0 ,7 7 6
1 ,5 9 4 ,8 0 1
2 ,5 7 9 ,3 5 1
1 ,3 3 6 ,4 2 3
8 , 8 7 4 ,4 5 8
5 ,3 5 7 ,1 8 9
789
6 5 .4 5 5
1 ,7 3 6 ,0 5 5
6 ,5 0 3
3 3 5 ,7 3 6
2 1 3 ,4 3 4
3 9 7 ,2 3 i
1 ,4 5 9 ,9 0 0
7 2 1 ,1 4 2
3 ,0 0 1 ,3 0 5
2 7 4 ,8 5 4
1 7 4 .2 7 7
3 7 8 ,7 9 2
5 7 ,2 1 0
6 6 4 ,1 3 6
3 0 9 ,3 8 9
9 3 9 ,7 6 5
1 6 ,^ 5 2
5 .1 4 9
8 , 7 0 4 .1 2 6
5 ,0 6 1 ,2 1 1
725
6 3 ,5 8 8
1 ,7 8 3 ,3 1 4
4 0 ,2 3 5
3 4 9 .9 5 9
2 0 6 .9 6 0
4 1 6 ,5 4 1
1 . 3 0 7 ,3 1 9
7 7 8 ,7 5 4
2 , 6 7 4 ,4 5 2
2 7 7 ,3 5 4
1 7 0 ,4 0 5
3 9 4 .2 0 9
5 8 ,-* 2 6
589 844
3 0 6 ,5 5 9
9 6 5 ,0 9 2
1 5 ,5 3 7
5 ,0 2 6
a I n c lu d e s e a r n i n g s f r o m f e r r i e s , e t c ., n o t g i v e n s e p a r a t e l y ,
b In
c lu d e s th e P a o if lo s y s t e m , t h e A t l a n t i c p r o p e r t i e s a n d t h e H o u s t o n A
T e x a s C e n tra l sy s te m .
THE CHRONICLE.
A pril 1, 188#. 1
t I n c lu d e * C h e s a p e a k e A O h io S o 'w e s t e r n , O h io V a l l e y a n d C h ic a g o
a n d T e x a s f o r b o t h year* R e s u lt s o n Y a z o o B r a n o h e x c l u d e d In
1 8 9 9 b u t i n c lu d e d i n 1 9 9 8 u n t il J u l y 1.
; M exican enrrency.
j C o w e r s r e s u lt s of l in e s d i r e c t l y o p e r a t e d e a s t of P it s b u r g .
Latest Gross Earnings by Weeks.—The latest weekly earri
ngs in the foregoing are separately summed up as follows :
For the third week of March our preliminary statement
covers 78 roads and show3 7’28 per cent increase in the aggre3 1 w eek o / M arch,.
A l a b a m a G t . S o n t h B r n ..
A n n A r b o r .......... ........... . . .
A a n t ic A D a n v i ll e .........
B a lt - Sc O h io S o u t h w en t,
sca d . R o o t . A P i t t a . . . . . . .
B a ri. C ed . R a n . A N o rth
C a n a d ia n P a c i f i c . . . . — .
C e n tra l o f G e o r g ia —
C h e s a p e a k e A O h i o ..........
C h ic a g o a E a s t. I ll i n o i s
C h ic . G r e a t W e s t e r n _____
O l i o . I n d ’ pU s & S t. L. . .
C h ic a g o S U lw . A S t . P a n
C b lo . T e r m . T r a n s f e r . . .
C h ic a g o A W . M ic h ig a n .
C le v e . A k r o s A C o l a m b ,
d e v . O ln . O h io . A 8 t . L . .
CSev. L o r a in A W h e e l 's .
C o l. S a n d u s k y A H u ck *g
D e n v e r A R i o G r a n d e .. .
D e t. G d . R a p . * W estern
D u lu t h S o . S h o r e A A t i
E a n s v . A I n d la n a p o U s .
E f a n sv. A T erre S a u te .
F lin t A F e re M a rq u e tte .
F la - C e n t. A P e a i n .............
F t. W o rth A D e a r . C lty .
G e o r g l a . . __________
G e o r g i a A A l a b a m a ___ _
G r a n d R a p id s A I n d i a n a
C in c in n a ti R. A F t. W .
T r a v e r s e C i t y . . . .............
M ask. G r. R a p . A In d
G r a h il T r u n k ......... ........... i
C a lc A G r a n d T r u n k ,
D e t . GcL H . A S L .........)
I n t e r n a t io n a l A G t. N o .
I o w a C e n tr a l........ ..
K a n a w a a A M i c h i g a n .. .
K a n . C it y F t . » . Sc M e m ..
K a n . C it y M e m . A f ilr m .
K a n s a s C it y A O m a h a
K a n . C it y P l t t s b . A G u lf
K a n . C it y S u b . B e l t . . . .
L a k e E r i e A W e s te r n .
L o u is v i ll e E v a n s .A 9 t . L
L o t o s V llle A N a s h v i l l e . .
M e x i c a n C e n t r a l -----------M e x ica n N a t i o n a l . .. . .. ..
M in n e a p o lis A Bt. L o u is .
M ln n .S U . P . A S . 8 t e . M
M o . K a n s a s A T e x a s ........
M o . P a d B o A I r o n M t ___
C e n t r a l B r a n c h ........... .. i
N , Y . O n t a r io A W e s t e n
N o r f o l k A W e s t e r n ........ ..
N o r t h e r n A l a b a m a .........
N o r t h e r n P a c t t lo .____ _
O h io R i v e r ........................ . .
O r e g o n R R . A N a v ............
P e o r ia D eo. A K l e n o v . .
P R tab. B e s s . A L. E r ie .
P lt t a b u r g A W e s t e r n ....
R .o G ra n d e S o u t h e r n ....
R io G r a n d e W e s t e r n . . . .
B t. J o s e p h A G d , I s la n d !
Bt. L o o l e A B a n F r a n —
Bt L o o t s B o o t h w e s t e r n
B a n ta F e P r. A P h r a n lx .
S ou th ern R a il w a y .....
T e x a s A r « .- i r t c ........ ..
T o l e d o A O h io C e n tr a l
T'. tWly ,*■*«•*m» <Ss in > » i>.
T o l. B t. L . A K a n . C i t y . .
W a b a s h .. . . . . . . . . . ________
W e s t . N Y A P e a n s y lv
W h e e lin g A L a k e E r i e . .
W is c o n s in C e n t r a l . ____
1899.
1898.
*
;
3 4 ,9 1 2
32,1*<1
1 4 ,5 8 *
1 2 2 ,6 5 1
6 6 ,2 2 3
7 7 .4 8 3
449, coc
1 1 .5 ,9 4 9
2 3 3 ,8 1 8
1 > 3,5 70
1 2 0 ,1 3 .9
6 6 ,4 3 3
6 9 5 ,9 0 3
2 0 ,9 1 8
4 0 ,5 8 1
1**330
2 6 5 .1 5 2
3 4 ,1 8 4
1 1 .5 8 6
1 7 7 .5 0 0
2 7 ,2 9 6
2 5 ,8 9 4
6328
2 3 .1 2 8
6 3 .2 1 4
4 9 ,-3 2
3 0 .6 9 8
3 4 .9 6 i
2 8 ,4 4 6
4 1,424
s
3 0 ,5 1 9
2 7 ,6 1 2
1 4 .5 0 5
1*M 2£
6 6 .7 83
7 9 ,8 5 3
4 6 3 ,OOC
1 0 0 ,7 8 5
223, U S
8 9 ,r ;a o
1 1 0 ,5 4 6
6 0 ,2 5 7
$
4,391
4 ,5 6 9
7E
---♦ .-• a
1 5 .1 6 4
1 0 ,4 3 9
13.91C
9 ,5 9 2
6 ,1 7 6
2 9 ,4 0 .
1 .0 4 7
2 ,2 7 1
2 1 .4 6 1
3 7 ,4 9 8
1 5 ,6 9 6
2 8 4 .8 1 8
2 9 ,3 8 5
1 5 .4 6 8
1 3 7 .5 0 0
2 4 ,3 7 2
3 1 ,0 9 0
5 .2 0 3
2 5 .2 6 8
0 2 ,4 9 9
4 8 ,8 7 3
3 5 ,5 1 4
3 1 .7 2 8
2 9 ,3 9 7
4 1 .6 5 3
9 .2 2 2
781
2 ,9 9 3
4 7 1 ,0 1 8
4 5 3 ,4 7 0
2 5 .5 4 8
6 5 .6 3 3
3 0 .0 1 1
1 1 .5 3 2
8 8 ,7 6 1
2 3 ,1 0 2
4 .5 2 8
7 3 ,8 1 4
9 .7 7 2
6 2 ,4 2 0
3 1 ,0 5 5
4 .5 8 .6 7 0
2 9 0 ,4 9 6
1 3 0 ,2 0 3
4 6 ,9 9 3
7 5 .1 7 7
1 9 2 ,2 1 7
4 9 1 ,0 0 0
1 8 .0 0 0
8 1 ,6 * 9
2 5 2 ,4 8 5
3 ,1 0 5
4 8 7 ,8 7 2
1 3 .4 8 9
1 3 9 .6 0 9
1 4 ,3 2 9
1 5 .1 3 3
6 3 .4 ’ 5
9 .3 3 0
6 0 .7 0 0
2 1 .5 3 8
1 4 3 .1 0 1
1 1 3 .2 0 0
1 7 .3 4 V
* 7 7 .8 3 8
1 * 3 ,0 1 4
3 0 ,4 6 4
1 7 ,2 3 0
3 5 ,6 0 1
* 3 1 ,4 t l ,
8 2 .7 0 0 !
3 0 ,3 3 1 ]
9 5 334
6 4 ,4 6 6
3 2 ,1 3 1
M 30
90.SS-6
2 5 .9 1 1
4 .5 7 0
6 3 ,0 ^ 5
8.6H t
6 0 .0 9 0
3 0 ,4 2 7
4 2 0 .4 7 0
2 4 6 .3 2 6
1 1 5 .7 4 5
1 ,1 * 7
3 ,8 8 0
2 ,7 0 2
8 ,2 6 7 ,5 1 3
Kstlnarease (7 2 8 p . e
6 8 6 .4 9 4
In crea se.
4 5 ,1 0 2
6 7 ,8 9 *
1 5 9 ,3 5 * 6 8 .0 0 1
2 7 ,0 0 0
6 5 ,5 4 0
2 3 3 .9 5 0
3 .8 5 9
* 1 6 .9 9 9
1 4 .2 1 8
1 5 1 .1 2 0
1 4 ,4 * 9
2 0 ,7 8 2
5 8 .4 IU
8 .7 1 3
5 7 ,0 0 0
2 2 ,7 1 3
1 2 6 .3 6 5
8 8 .2 0 0
1 2 ,4 9 1
4 2 2 .8 0 1
1 3 7 ,9 2 1
3 0.M 4V
1 7 .0 9 ,1
4 1 .3 9 3
2 5 2 ,7 2 6
5 2 .7 0 0
2 8 ,1 4 3
9 0 .8 7 1
7 ,7 0 0 ,3 7 7j
----------- J
D ecrea se.
S
2 2 ,7 7 7
560
2 ,3 9 0
1 4 ,0 0 0
543
3 .0 S 3
2 ,8 3 4
334
4 .7 9 9
3 ,8 8 2
4 ,0 0
2 .9 2 4
5 .1 9 6
1 ,1 2 5
2 ,1 4 0
715
959
5 .1 8 4
3 ,2 3 4
.............
1 .771
1 .0 2 1
263
2 ,9 5 1
722
2 ,1 3 5
2 ,8 0 9
42
1 0 ,7 4 9
1 ,0 5 6
2 ,3 2 *
628
3 5 ,2 0 0
4 * . 170
1 4 .5 * »
1 ,8 9 1
7 .2 7 9
3 2 .8 5 9
2 3 ,0 0 0
1 6 ,1 0 9
1 3 ,5 3 5
rriTI
9.000
75*
70*73
* .6 7 1
_
.
1 1 ,5 1 1
160
5 ,6 1 4
5 .0 6 5
617
3 ,1 0 0
1 .8 2 5
2 1 ,7 9 9
2 5 (0 0 0
5 .3 5 4
5 5 ,0 3 7
1 1 ,0 3 3
381
132
5 ,7 3 2
3 1 ,6 8 5
1 0 .0 0 0
2 ,1 9 0
4 .1 6 3
6 8 1 ,4 6 7
5 6 1 139
9 3 ,3 2 9
Net Earnings ttoutbiy to Latest Dales.—The t a b l e f o l l o w
shows the gross and net earnings o f S t e a m r a i l r o a d s
reported this week. A full detailed statement. Including all
roads f r o m which monthly returns can lie obtained, is given
once a m o n t h in these columns, and the latest statement o l
this k i n d will be found in the C h r o n i c l e o f M a r c h 1 8 ,
1898, The next will appear In the issue o f A p r i l 22, 1889.
in g
•
a ro se R a m in a s .
.
g e t R a r m n a s .—
1898 9,
1 8 9 7 -8 .
1 8 6 8 -9 .
1 8 9 7 -8 .
#
*
«
8
6 8 ,5 0 2
Allegheny V a lley .b . Feb.
136,621
1 8 5 ,4 9 9
5 5 ,4 9 7
Jan. I to Feb. 3 3 .......
*10,785
3 9 8 ,2 5 3
1 4 0 ,5 8 3
1 5 1 .5 4 8
A t e h . T o j i . A S . F e . b . F e b . 3 ,9 5 9 ,7 3 9 3 ,0 5 6 ,3 3 9
1 7 4 5 .7 2 2
1 9 3 1 ,0 3 4
J a n . 1 t o F e b . 2 8 . . . . 8 ,1 9 8 .0 8 2 5 ,9 1 6 ,8 3 3 1 . 7 9 0 .7 :(7 1 .2 4 0 .1 5 7
J u l y 1 t o F e b . 2 8 . . . . 2 7 . 2 7 5 . 0 9 4 2 6 ,1 4 2 ,5 9 9 1 8 .1 8 0 .0 7 8 1 7 ,4 0 7 .5 4 5
A t l a n t i c A O a a v ’ fl.A .J a a .
4 3 ,9 3 3
4 3 ,0 5 2
1 0 ,0 3 6
8 ,5 8 2
3 2 5 ,0 4 7
3 2 3 .9 3 0
7 4 ,9 3 9
8 9 ,4 7 0
•Ini 1 t o J a a . 3 1 ------B n lt .R o o n A P i t t s .b Fob.
2 6 0 ,6 4 3
2 5 8 .8 5 8
8 2 ,5 3 3
9 1 ,9 6 6
J a n . I to Feb 2 9 ,...
5 5 8 ,6 0 9
5 4 2 ,0 5 7
1 7 6 ,9 6 0
1 9 4 ,3 3 5
J u l y I to F e b 2 8 . . . . 2 , 5 6 4 ,0 8 9 2 ,4 4 1 ,9 1 2
8 3 2 ,9 4 0
8 8 7 ,5 2 6
B u d a l o A B u s a h e b .a , F e b .
4 8 ,9 3 2
3 6 ,3 3 4
2 0 .4 4 1
1 3 ,1 0 9
J a n . 1 toV «'b. 2 8 . . . .
1 0 2 ,5 4 0
7 6 .3 0 0
4 0 ,9 3 1
20,209
J u l y 1 t o F e b . 23 . . .
5 1 7 .3 8 8
4 3 3 ,8 ) 0
1 8 5 .7 5 4
1 3 7 .1 9 9
C a n a d ia n P a o lf ie a .F e b . 1 ,7 5 3 .3 8 3
1 .4 9 4 .5 9 7
5 9 9 .7 0 1
4 2 3 ,6 6 7
J a n . I t o F e b 2 8 . . . . 3 ,6 1 7 ,9 5 3
3 , 1 6 6 .9 6 9 1 , 2 1 7 .2 3 5
9 3 9 ,2 9 5
C e n t . Of G e o r g i a . a . F e b .
4 4 7 ,8 7 3
4 9 5 ,5 0 3
1 3 3 ,1 9 7
1 8 4 ,2 1 7
Jan . 1 to F eb. 2 8 ,...
9 5 7 ,0 9 2
1 ,0 1 8 ,2 0 2
2 8 7 .7 9 8
3 5 5 .5 4 2
J o i J 1 t o F e b . 2 8 . „ , 4 ,1 1 0 ,7 9 5
4 ,0 6 1 2 1 7 1 ,4 5 9 ,9 0 4 1 ,5 5 4 .6 7 2
R oads.
613
.--- a ro s e R a m tn a s . --- . -
— R e t X a n tin g t
1 8 9 8 -9 .
1 1 1 7 -8
9
3 1 0 ,5 0 0
2 3 9 ,2 2 2
7 1 9 ,7 9 0
6 4 9 ,0 7 0
d e f .6 7 3
d e f .1 ,4 9 6
2 0 2 .2 6 5
2 7 3 ,1 4 7
5 8 8 ,9 5 6
483,981
2.660,661 2 ,6 2 1 ,9 7 2
Ohio. Burl. AQnlp.b. F e b . 3 , 0 2 6 , 7 7 6 3 ,1 3 9 .7 1 6 1,095.775 1 ,2 9 6 ,4 7 6
■Tan. 1 t o F e b . 2 8 . . . . 6 . 2 2 0 , 2 2 8 6 .1 8 4 ,1 7 2 2,082,160 2 ,3 5 1 ,0 8 7
J u l y 1 t o F e b . 2 8 . . . . 2 9 . 5 3 2 . 4 2 2 2 9 .1 3 2 .5 8 3 1 1 ,9 4 5 ,8 6 1 1 2 ,0 3 7 ,0 0 6
O h io . M . A 8 t . P . S - . F e b . 2 . 5 7 3 , 8 1 6 2 , 3 9 4 , 6 6 0
7 8 0 ,3 2 2
7 8 9 ,8 0 4
J a n . 1 t o F e b . 2 8 . . . . 5 , 5 2 4 , 2 2 6 4 .7 5 5 ,9 5 7 1 ,7 8 8 ,4 8 4 1 ,5 4 6 ,3 3 4
J u ly 1 to F t b .2 8
2 5 , 8 5 4 , 5 7 5 2 3 ,1 8 6 ,2 3 8 1 0 . 2 9 5 ,7 2 6 9 , 0 7 9 ,4 2 0
C le v e . C a n to n A S o .F e b .
4 8 ,3 7 4
4 9 ,4 4 0
2 ,6 4 3
5 ,8 9 9
1 0 2 ,6 3 3
Jan . 1 to F eb . 2 8 ...
1 1 0 ,8 4 0
8 ,7 6 9
8 ,4 7 4
4 5 3 ,6 4 8
6 4 ,5 7 7
J u ly 1 to F 6 U - 2 8 ..4 7 7 ,4 4 7
9 6 ,2 0 8
C 3 e v .O t D .C .A 8 t .L .» .F e l> .
9 8 2 .7 3 3 1 .0 6 1 ,7 1 9
2 4 3 ,1 1 4
2 5 7 ,3 5 3
4 9 0 ,5 9 2
2 ,0 2 4 ,5 6 5 2 , 1 6 0 ,2 9 2
J a n . 1 t o F e b . 2 8 ___
5 3 0 ,2 2 5
J u l y 1 t o F e b 2 8 . . . . 9 , 8 0 7 ,8 1 3 9 ,5 8 1 ,1 3 3 2 ,7 5 4 ,7 5 6 2 , 2 2 7 ,6 1 0
P e o r i a A E a s t 'n a . F e b .
1 3 7 ,1 2 8
5 1 ,0 5 5
3 7 ,3 5 7
1 5 7 ,0 6 8
6 9 ,6 2 3
3 0 4 ,0 8 4
2 8 2 ,1 6 3
8 8 ,7 6 5
Jan . 1 to F e b . 2 8 . . . .
2 9 7 ,5 8 2
1 ,2 6 1 ,3 9 0 1 ,2 5 6 ,3 S 5
3 3 2 ,1 4 4
J u ly 1 to F eb. 2 8 ...
1 4 0 ,9 1 9
2 4 ,1 3 4
1 3 5 ,4 4 6
o l o r a d o M id la n d . J a n .
1 9 ,0 5 7
2 0 5 ,3 9 5
J u l y l t o J a n . 3 1 ___ 1 ,0 1 6 ,6 9 8 1 ,0 9 7 ,6 7 3
2 5 1 .4 9 3
2 8 6 ,0 7 3
E r ie , a ............................. F e b . 2 ,2 1 4 .6 2 9 2 ,2 4 7 ,1 9 1
3 9 6 .6 8 4
6 8 0 ,6 1 0
J a n . 1 t o F e b . 2 8 ___ 4 , 7 0 1 .4 6 4 4 ,6 1 0 ,8 9 3
7 6 7 ,6 0 1
J u l y l t o F e b . 2 8 - . 2 2 ,0 1 0 ,5 7 5 2 2 ,8 5 1 ,8 5 6 5 , 6 7 1 , 7 3 1
5 ,8 8 3 ,2 6 6
7 3 ,9 6 0
« a . South. A F la .a ..F e b ,
2 3 ,0 9 3
13,7-14
66,020
3 3 .8 1 7
1 4 2 ,2 1 9
Jan. 1 to Feb 28___
5 6 ,2 3 3
1 5 7 ,0 9 1
1 8 2 ,9 1 7
6 2 8 ,7 8 3
6 2 5 ,1 0 0
July 1 to Feb. 2 8 ___
2 1 6 ,4 5 6
3 5 1 ,8 3 2
2 1 ,2 1 6
Lehigh Valley R R ..F eb . 1 ,1 8 8 ,5 2 9 1 ,4 2 1 ,8 0 6
1 9 7 ,0 7 2
Jan. 1 to Feb. 2 8 ___ 2 ,7 5 7 ,3 9 2 2 ,7 0 5 ,5 4 4
6 5 2 ,9 1 2
Deo. 1 to Feb. 2 8 ___ 4 ,5 4 8 ,3 8 7 4 ,3 0 4 ,6 5 7
5 8 2 ,2 1 5 1 , 1 1 6 ,9 9 4
Lehigh Val. Coal C o.F eb. 1 ,3 8 7 ,4 5 4 1 .1 6 7 ,6 8 8 d f .1 0 4 ,7 3 5 d f .1 2 ,6 7 8
Jan. 1 to Feb. 2 8 .... 3 ,0 1 0 ,0 3 6 2 . 6 7 3 , 0 6 9 d f .1 4 2 ,7 1 1 d f 2 9 ,7 0 0
D ec. 1 to Feb. 2 8 ....... ■1,78 0,85 0 4 ,0 9 2 .9 8 3 d f .2 2 9 ,1 8 2 d f l 0 3 , 1 2 3
4 .5 5 9
Madison Gag A E lec. Feb.
4 ,1 9 0
Jan. l t o Feb 2 8 ....
1 0 ,3 5 3
9 ,3 4 5
Apr. 1 to Feb. 2 8 ___
4 4 ,8 0 6
4 8 .3 1 1
5 7 ,9 1 7
Minn. A St. LoulH.a.Feb..
1 7 5 ,1 0 8
1 4 8 ,2 8 7
5 0 ,6 6 8
1 2 2 ,5 4 4
Jan. 1 to Feb. 2 8 ___
3 4 7 .8 8 9
2 9 4 .8 0 9
1 0 2 ,7 6 0
6 6 9 ,4 7 3
6 2 5 ,5 5 5
July 1 to Fob. 2 3 ... 1 ,5 8 8 ,7 8 1 1 ,5 3 8 ,4 4 3
N. Y. Ont. A W est.a.F eb
3 0 0 ,1 8 2
8 7 ,3 6 5
2 5 8 ,9 4 5
5 7 .7 7 3
Jan. I to Feb. 2 8 ....
6 2 2 ,6 5 6
5 4 6 .7 3 2
1 8 7 .8 0 3
1 3 2 ,2 0 8
July 1 to Feb, 2 8 ___. 2 , 7 6 8 ,2 0 1 2 ,7 2 9 ,3 1 3
8 5 4 ,9 6 3
8 3 3 ,6 8 3
N. Y. 8ns. A West a . Feb.
1 6 3 ,6 9 5
1 5 7 ,1 2 9
5 9 ,2 9 4
6 6 ,1 4 7
Jan. 1 to Feb. 2 8 . . . .
3 5 4 ,0 0 2
3 6 3 .9 3 6
1 4 9 ,7 1 2
1 4 5 ,8 4 5
July 1 to F'«b. 28___ 1 ,6 2 1 , 4 3 5 1 , 6 1 2 , 2 2 7
7 8 4 ,6 0 9
7 1 7 ,7 5 5
4 0 4 ,0 7 9
Northern C en tral,b.F eb.
1 6 .6 8 4
5 0 9 ,7 7 9
1 3 1 ,7 8 4
Jan. 1 to Feb. 2 8 ___
9 6 3 ,6 1 5 1 ,0 1 6 ,3 1 5
2 3 5 ,0 1 2
1 6 5 ,7 1 2
Oregon KB. A N av ,.F eb.
4 1 8 ,8 9 7
4 9 7 ,6 1 3
1 4 9 ,2 4 7
1 4 8 ,7 1 5
Jan. 1 to Feb. 2 3 ....
9 0 3 ,8 1 3
3 2 4 ,4 9 7
9 6 7 ,1 0 9
2 8 5 ,8 7 6
Ju ly 1 to Feb 2 8 .... 4 , 7 6 2 . 2 8 0 4 , 0 1 2 ,0 9 8 1 ,9 8 9 ,9 4 6 2 ,0 8 1 ,6 0 7
3 3 2 .3 9 5
P a d Sc Coast Co a . .Jan .
5 8 ,3 0 0
1 0 7 ,5 1 3
3 7 3 ,6 7 8
0 9 0 ,8 3 2
Dee. 1 to Jan. 3 1 ___ _.
7 2 3 .5 3 5
1 2 5 ,0 5 5
1 3 0 ,9 6 5
1 8 9 8 -9 .
1 8 9 7 -8 .
R oad s.
$
8
Cent, o f N . J e r s e y . a .F e b .
8 6 7 ,6 9 3
8 8 5 ,2 9 1
J a n . 1 to F e b . 2 8 . . . . 1 . 9 6 0 ,2 5 6 1 , 9 4 0 ,9 9 0
C h & t t a n 'g a S o u t h . a . J a n .
5 ,1 8 2
5 ,4 1 4
Ohes, A O h io a ......... F e b .
7 7 5 ,9 9 3
9 1 3 ,3 9 0
J e n . 1 to F eb . 2 8 ...
1 ,7 0 0 ,4 0 3 1 .8 6 7 ,7 4 3
J u l y l t o F e b . 2 8 . . . . 7 9 5 9 ,1 0 3 7 ,9 1 5 ,5 0 9
F ansyl vanta—
Lines directly operatedEast o f Fitts.-V E ..F e b . 4 ,5 6 8 ,8 3 4 4 ,8 2 9 ,5 3 4
Jan. 1 to Feb, 2 8 ..... 9 , 8 8 1 ,0 0 5 9 .9 1 8 ,6 0 5
West of Pitts.AE.Feti
In c.
7 1 ,6 0 0
In c.
3 0 4 ,3 0 0
Jan. 1 to Feb. 2 8 ....
Phlla. A R eading b Feb.. 1 ,5 0 0 ,6 6 3 1 ,4 9 0 ,1 1 5
Jan. 1 to F tb 2 8 ... 3 , 3 6 5 ,3 1 7 3 , 2 1 4 ,5 8 7
July 1 to Feb. 2 8 ... 1 5 ,3 5 9 ,8 0 5 1 5 ,1 0 0 ,7 5 1
Coal A Iron C o .b .F e b .. 2 , 0 4 2 , 6 1 9 1 ,4 1 4 ,4 2 2
Jan. 3 to Feb 2 8 ... 4 , 3 1 4 .9 6 9 3 ,2 8 6 ,8 2 3
July 1 to Feb. 2 s . .. 1 6 ,6 3 6 ,3 4 5 1 6 ,7 7 1 ,7 0 6
Total both Co’s , b,F eb.
.
Jan. 1 to Feb 2 6 ..... 7 . 6 8 0 , 2 3 6 8 .6 0 3 ,4 1 0
July 1 to Feb 2 8 __ 3 1 , 9 9 8 , 1 5 0 3 1 ,8 7 2 ,4 5 7
Reading c o m o ’y n .F eb.
—
—
July 1 to Feb. 2 6 . . . .
To tal all Comp’s b.Fab
July l to Feb. 2 8 ___
. . . . ...a
........
Phlla.W llm ,AB »tt b.F eb.
0 2 9 ,2 1 8
6 5 8 ,0 1 6
Jan. 1 to Feb 28 . . . 1 ,3 5 6 ,1 5 8 1*338,1*56
Nov. 1 to Feb 28
3 , 0 2 1 ,2 1 8 2 , 8 3 7 ,7 1 8
R 'o Grande South, b Feb.
3 0 ,8 4 0
3 2 ,0 2 5
7 0 ,2 2 4
6 9 ,2 7 0
Jan. 1 to Feb. 2 8 ....
3 3 5 ,8 3 8
July 1 to Feb 2 3 .....
2 8 1 ,7 7 0
5 0 5 .4 2 0
fit. Louts A San Fr .bF eb.
5 5 4 ,8 9 8
Jan. 1 to Feb. 2 8 ___ 1 , 0 5 8 ,5 0 4 1 ,0 7 9 ,7 1 1
July 1 to t ob. 2 8 .... 4 ,7 9 4 ,0 7 1 4 .6 8 9 ,4 5 7
Southern P acific. b.F eb. 4 ,1 7 1 ,8 7 1 4 ,3 3 6 ,4 1 9
Jan. 1 to Ftb, 2 8 ___ 8 .S 7 4 .4 5 8 8 ,7 0 4 ,1 2 6
July 1 to Feb. 2 8 ... 3 9 .6 1 0 ,3 4 1 3 7 , 1 7 4 , 6 4 0
3 3 ,4 7 2
3 1 ,4 5 4
( yxa* Central, n . . . Jan.
9 5 2 ,8 1 3
ft abash. b .................Feb
1 , 0 1 1 ,4 9 9
Jan. 1 to Feb 2 8 ..... 2 ,1 4 9 ,9 8 6 1 ,8 9 4 ,5 6 4
J u l y l to Feb. 2 8 .... 9 , 5 4 9 ,1 0 8 8 ,7 0 8 ,0 3 8
Western Gas C o.—
Mllw'ke«Gas*L.Co. Feb
Jan. l t o Feb 2 8 ....
1 2 6 .1 4 4
1 3 6 ,1 4 4
W.Jersey A Beae’o .b .F e b ,
2 7 7 ,3 5 4
27 4 ,*.54
Jan. 1 to Feb 28 . . .
2 0 5 ,0 8 9
W est.N .Y .A P enn.b. Feb.
2 0 9 (9 0 4
4 3 2 .0 1 5
4 6 0 ,3 4 0
Jan. 1 to Feb 2 8 ----2
,1
5
9
.5
5
3
2
,2
7 0 ,8 0 9
July 1 to Fell 2 8 ___
8 4 0 ,7 0 1
1 ,3 5 9 ,1 0 1
ST,6 2 9 ,3 9 8 2 .5 1 1 ,8 9 8
In o,
5 1 ,9 0 0
In c,
1 6 4 , 3C 0
4 6 2 ,8 2 2
5 8 4 ,3 8 2
1 ,1 7 9 ,4 0 7
1 ,3 0 5 ,3 4 1
6 ,4 3 4 ,5 9 5 6 ,5 6 5 ,1 0 2
1 0 ,2 4 1 d e f .2 7 ,8 4 1
2 0 4 ,8 6 8 d e f .8 2 ,7 4 5
1 .0 0 8 ,6 0 5
7 3 5 ,3 7 7
4 7 3 .0 0 3
5 5 6 ,5 4 1
1 ,3 8 4 ,3 3 5 1 ,2 2 2 ,5 9 6
7 , 4 4 3 ,2 0 0 7 , 6 0 0 ,4 7 9
1 1 .6 2 5
2 3 ,6 6 7
1 3 0 ,7 2 4
2 3 8 ,2 4 2
4 8 4 ,6 8 8
5 8 0 ,2 0 8
7 , 5 7 3 ,9 2 4 7 ,8 3 8 ,7 2 1
7 0 ,4 1 3
1 5 0 ,5 1 3
2 4 3 ,3 9 6 .
1 7 1 ,7 9 8
7 4 2 ,7 9 5
6 6 8 ,3 9 5
1 4 .2 1 1
1 2 ,9 1 1
3 1 ,0 2 5
3 5 ,3 3 3
1 6 2 .4 4 9
1 2 1 ,7 5 3
1 6 0 ,9 0 9
2 1 5 ,3 1 1
3 7 3 ,7 4 8
4 2 7 ,3 2 7
1 ,9 0 8 ,1 9 2 2 ,0 3 8 ,0 2 1
1 ,0 8 5 ,7 6 9 1 ,5 5 1 ,7 9 9
2 . 4 3 5 ,8 7 8 3 ,0 4 8 ,3 9 4
1 4 ,3 1 0 ,6 5 2 1 5 , 0 8 4 ,3 1 8
1 2 ,1 1 0
1 6 ,3 8 2
1 7 6 ,1 8 5
2 6 4 ,0 6 0
4 1 9 ,2 1 3
4 6 0 ,9 6 5
2 ,4 0 4 .0 4 3 2 ,7 0 0 ,3 7 4
3 9 ,9 8 5
0 0 ,8 6 7
d e f 3 ,9 1 6
8 ,3 8 8
4 8 ,3 8 1
1 2 ? ,1 1 7
6 6 4 ,7 6 *
4 0 ,4 2 6
9 2 ,2 5 3
1 3 ,1 8 4
2 5 ,7 8 8
5 5 ,3 3 4
1 0 4 ,0 3 7
8 4 1 ,7 6 5
a Net earning* here given are a fter dedu cting taxes,
b Net earnings here given are before deducting taxee.
! For Feb., 1899, taxes and rentals am ounted to 8145,419, against
#148,059, ami from July 1 to Feb 23, #1.133,288, against 81,135,187,
after deducting which net for Feb., 1899, was .#788,615, against
#597,663. From July 1 to Feb, S 3,1 899 . net after dertnetlug taxea
and rentals la 81,046,790, against #6,332,358.
I n t e r e s t C h a r g e # » n o S u r p l u s .— T h e f o l l o w i n g r o a d s , in
a d d itio n t o t h e ir g r o s s a n d n e t e a r n in g s g iv e n In t h e f o r e
g o in g , a ls o r e p o r t c h a r g e s f o r in t e r e s t, dfco., w i t h t h e s u r p lu s
o r d e fic it a b o v e o r b e lo w th o s e c h a r g e s
,— I n t ., r e n t a ls , etc.— . —S a l . 0/ R e t R a m s . —.
1 8 9 8 -9 .
1897 8.
1898-9.
1897-8.
$
$
S
#
2 4 0 ,7 7 5
4 2 6 ,0 * 7
Cblo. Burl. A qtu n oy.F eb
855.000
870,429
July l t o Feb 2 8 .... 6,960,000 6,983,434 4 ,9 8 5 ,8 6 1 5 ,0 7 3 .5 7 2
R oad s.
THE CHRONICLE
614
,—
I n t ., r e n t a l•s ,e t c .----------- « n on
o
1 8 9 7 -8 .
1 8 9 8 -9 .
*
*
2 4 0 ,1 2 1
2 3 9 ,9 6 6
1 ,9 3 1 ,2 1 6 1 ,9 3 2 ,4 3 8
3 6 ,3 0 1
3 6 ,5 9 5
2 9 4 ,4 1 3
2 9 4 ,1 9 7
R oads.
O l6 V .0 1 n .C h . A 8 t , L . F e b .
J u ly 1 t o F e b 2 8 . . . .
P e o r i a <fc E a s te r n F e b .
J u ly 1 t o F e b 2 3 . . . .
P h il a d e l p h i a <Si R e a d in g —
AH c o m p a n ie s .. F e b .
7 5 0 ,0 0 0
J u l y 1 t o F e b 2 8 - . 6 ,0 0 0 ,0 0 0
K lo G r a n d e 8 o n t h . . F e b .
1 7 ,6 7 3
J u ly l t o F eb . 2 6 . . . .
1 1 2 ,8 0 0
B a t. o f ,f/ct E a r n ’s
1 Oi\C
C\.
11 QQ
VJ.
8 9 ' .-8
1
8 9 8 -9
S
*
1 7 ,2 3 2
3 ,1 4 8
2 9 5 .1 7 2
8 2 3 ,6 4 0
1 4 ,2 5 4
772
3 7 ,7 3 1
3 ,3 8 5
N e t e a r n i n g s .--------------O p e r a t in g o b a r g e s . t a x e s ,
r e n t a ls a n d I r a p r o v e m ’ ts
7 0 0 ,3 5 4
1 8 0 .1 3 0
, , , ,
J u l y 1 lo
J u l y 1 to
F e b . , ’ S8 . F eb . 2 8 ,’ 9 9 . F eb. 2 8 / 9 8 .
«
S
$
1 ,5 1 7 ,3 3 6 1 7 .8 7 2 ,2 2 9 1 6 ,3 3 3 ,0 4 7
7 1 7 ,4 6 8 7 ,8 6 6 .5 2 6 7 ,3 3 2 ,5 0 9
7 9 9 ,8 6 8 1 0 ,0 0 5 ,7 0 3
2 7 4 ,3 1 0
1 ,7 7 8 ,7 4 2
5 2 5 ,4 7 8
N e t o p e r a t i n g in o o m e . 5 2 0 ,2 2 4
M lp ceU .it c e il s in c o m e , n o t
I n c lu d in g la n d s a l e s ........
6 ,3 9 6 d e f . 1 ,1 2 5
N et in c o m e —
----------------5 2 4 ,3 5 3
M a in bj s t . m ............................. 5 2 6 ,6 2 0
1 7 ,4 8 8
P r o p r i e t a r y l in e s ...................
2 0 ,2 2 4
T o t a l .......................................”" 5 4 6 ,8 1 4
5 4 1 ,8 4 1
9 ,0 0 0 ,5 3 8
1 ,1 1 6 ,5 5 3
8 ,2 2 6 ,9 6 1
7 ,8 4 3 ,9 8 5
2 5 5 ,1 9 7
1 9 8 ,7 1 5
8 ,4 8 2 ,1 5 8
3 0 6 ,7 2 2
8 ,0 8 2 ,7 (1 0
1 9 3 .3 6 8
8 , 7 8 8 ,8 8 0
8 , 2 3 1 ,0 6 8
STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the gross earnings tor the latest
period of all street railways from which we are able to ob
tain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads—that is, the
first two columns of figures give the gross earnings for the
latest week or month, and the last two columns the earnings
for the calendar year from January 1 to aud including sued
latest week or month.
STREET
C ro ss
E a r n in g s .
R A IL W A Y S
AND
T R A C T IO N
L a te s t G ro s s E a r n i n g s
W e ek o r M o
A k r o n B e d f d & C lev . F e b r u a r y
A lb a n y R a i l w a y ......... F e b r u a r y .
F eb ru ary
A m s t e r d a m S t. R y .
A t l a n t a R a il w a y . . . J a n u a r y .. .
B a lt im o r e C o n . R y ,* .. F e b r u a r y .
B a y C itie s C o n s o l . . . F e b r u a r y .
B in g h a m t o n S t. R y .. F e b r u a r y .
B r id g e p o r t T r a c tio n . F e b ru a r y
B r o c k t o n C o n . S t, R y F e b r u a r y .
B r o o k ly n E l e v a t e d .. D e ce m b e r .
B r ’k l y p R a p . T r . C o . B r o o k l y n H e ig h t s > F e b r u a r y .
B ’ k ly n Q ’ n s A S u b . $
C h a r le s t o n C it y R y . D e c e m b e r .
C ln . <fe M ia m i V a l . . . J a n u a r y .. .
C it y E le c . (R o m e .G a .) F e b r u a r y .
C le v e la n d E l e c t r i o . . F e b r u a r y .
F eb ru a ry .
C le v e . P a in s v . & E .
C o lu m b u s S t. R y . (O .) F e b r u a r y .
D e n v e r C on . T ram w . F e b r u a r y .
D e t r o i t C it i’ n s ’ S t .R y 3 d w k M a r.
D e t r o i t E le o . R y ........ 3 d w k M a r.
D e t r o i t Ft. W a y n e 6
B e l l e I s l e ................... 3 d w k M a r.
D u lu th S t. R y ............. F e b r u a r y .
E r ie E le o . M o t o r ......... D e c e m b e r .
G a lv e s t o n C it y R y . .. J a n u a r y ...
H a r ris b u r g T r a c tio n F e b r u a r y .
H e r k im e r M o h a w k II
io n A F ’k f o r t E l. R y F e b r u a r y .
H o u s t o n E le o . S t. R y . J a u u a r y .. .
I n t e r s t a t e C o n s o l. 01
N o rth A t t le b o r o ... F e b r u a r y .
K in g s t o n C it y R y . . . . F e b r u a r y .
L e h ig h T r a c t io n . . . . F e b r u a r y .
I 4 m a R a il w a y (O h io ) F e b r u a r y .
L o n d o n S t. R y .(O a n .) F e b r u a r y .
L o r a i n & C l e v e ............ F e b r u a r y .
L o w e l l L a w . <fe H a v . F e b r u a r y .
M e t r o . W . S id e (O hio.) J a n u a r y . ..
F eb ru a ry .
M o n t r e a l S tr e e t R y .
M n s o a t ln e S t. R y ........ J a n u a r y ...
N a s h v ille 8 t . R y ........ . F e b r u a r y .
N a s s a u E le o . ( B ’klyD F e b r u a r y .
N e w b u r g S t. R y ........ F e b r u a r y .
N e w L o n d o n S t. R y . F e b r u a r y .
N e w O r le a n s T r a o t io i F e b r u a r y .
N o r t h C lilc. S t. R y . . F e b r u a r y .
N o r t h S h o r e T r a o t io i; F e b r u a r y .
O g d e n s b u r g S t. R y .. F e b r u a r y .
P a t e r s o n R y ................. F e b r u a r y .
R i c h m o n d T r a c t i o n .. D e c e m b e r .
B o x t i ’h C h .H .& N o r ’ r, F e b r u a r y .
S c h u y lk i l l V a l. T r a c F e b r u a r y .
S cra n ton & C a rb o n d ’f F e b r u a r y .
S c r a n to n & P itts to n F e b r u a r y .
S c r a n t o n R a i l w a y ,. .. F e b r u a r y .
S ta ten I s la n d E l e c .. F e b ru a r y .
S y ra cu se R a p . T r. R y F e b ru a ry .
T o r o n t o R y .................
F eb ru a ry .
T w in C ity R a p . T r a n F e b r u a r y .
U n io n (N . B e d f o r d ) .. F e b r u a r y .
U n it e d T r a c t . ( P i t t s . ) J a n u a r y .. .
U n it e d T r a c t . ( P r o v . > J a n u a r y .. .
U n it. T r a c . ( R e a d in g ) F e b r u a r y .
W a k e fie ld & S t o n e . . . . F e b r u a r y .
W a terb u ry T r a c tio n . F e b r u a r y .
W est C h ic a g o S t. R y W k M c h 19
W h e e lin g R a i l w a y .. . N o v e m b e r .
W ilk e s & W y . V a l . . . , F e b r u a r y .
C O M P A N IE S .
J a n , 1 to L a t e s t B o le
1898-9. 1897-8 . 1898-9.
1897-8.
4,8^4
4 .8 5 3
4 6 ,6 2 4 43,387
3 ,6 4 5
4 ,0 6 0
6.221
6 .5 7 1
1 4 2 ,6 9 0 1 5 2 ,4 2 4
5.860
6 ,5 0 0
9 ,4 7 6 1 0 ,9 4 6
2 0 ,4 8 9 21,671
2 0 ,9 7 0 19,653
1 0 ,0 2 8
1 0 0 .2 3 5
8 ,5 3 1
6 ,5 7 1
3 2 3 ,2 6 6
1 3 ,8 5 3
2 0 ,3 9 3
4 6 ,5 4 1
4 6 ,6 9 2
1 ,6 4 1 ,6 0 1
3 7 0 ,5 4 4 3 6 9 ,4 2 0
8 2 2 ,8 9 1
765,568
1 3 ,6 6 9 1 3 ,5 4 9
8 ,4 7 4
4,329
1 ,5 3 9
1 ,5 4 7
1 3 0 ,6 3 7 1 2 5 ,8 9 4
6 ,1 9 2
5 ,4 3 4
5 2 ,6 9 7 4 8 ,1 5 1
5 0 .2 2 8 5 1 ,1 2 9
2 3 ,2 0 4 2 1 .1 2 2
8 ,2 4 4
7 ,7 7 6
1 7 2 ,1 3 8
8 ,4 7 4
3 ,2 4
2 7 1 ,1 0 8
1 2 ,6 5 9
1 1 0 ,6 8 8
1 20 ,24V
2 5 6 ,8 2 9
9 1 ,4 ^ 4
4,329
3,111
261,417
10,871
102,4o9
107,602
238,4 21
87,970
3,481
27.221
140,845
3 ,5 0 7
1 3 ,3 1 3
1 2 .4 1 7
1 8 ,9 8 6
1 7 ,1 7 9
1 2 ,8 6 2
1 2 ,1 8 7
3 9 ,0 0 8
2 7 ,7 2 7
1 4 4 ,4 0 6
1 7 ,3 1 8
3 7 ,9 7 8
35,815
3 ,1 7 2
1 6 ,6 8 6
16,743
2 .9 6 2
6 ,3 2 6
1 6 ,6 8 6
6,062
16,743
8 ,7 1 8
1 8 ,3 2 4
7 ,9 7 8
1 5 ,3 2 ]
6 ,7 4 b
1 5 .5 8 5
9 ,7 9 o
6 0 ,3 4 4
1 1 6 ,7 4 0
2 3 9 .1 >4
5 ,0 6 4
5 4 .7 6 2
2 5 3 .2 3 5
8 ,6 1 7
5 ,4 1 6
2 1 7 .2 4 0
4 2 7 ,7 0 6
1 9 0 ,7 4 :
2 ,2 7 7
5 2 .2 2 4
1 4 7 ,6 3 4
1 1 ,0 2 5
7 ,0 6 0
4 ,2 3 1
7 ,2 8 0
5 5 ,2 0 8
2 1 .4 9 6
7 8 .2 2 4
1 8 7 ,5 5 0
3 6 7 ,8 3 8
2 9 ,6 0 5
1 1 9 ,5 9 0
1 4 6 ,7 9 2
2 5 ,3 4 1
6 ,3 3 0
4 3 ,2 0 2
18,652
7,672
3 6,297
5.665
14,363
6,622
56,178
99,632
212,782
4,93()
7 ,5 7 0
3 ,7 0 6
6 ,9 6 9
3,32-1
7 .3 9 1
4 ,7 3 0
2 7 ,6 6 2
1 1 6 ,7 4 0
1 1 3 ,8 3 8
5 ,0 6 4
2 4 .7 4 2
1 0 8 ,4 6 9
3 .7 2 9
2 .4 9 7
1 0 7 ,2 0 9
2 0 3 ,1 8 s
8 6 ,4 4 4
1 ,0 9 5
2 3 ,0 5 9
1 2 ,6 7 4
4 .4 9 8
2 ,8 2 0
1 ,8 4 6
3 ,0 4 4
2 4 ,9 6 4
9 ,1 0 0
3 7 ,6 2 4
9 1 .8 6 0
1 7 8 ,8 2 9
1 4 ,1 6 8
1 1 9 ,5 9 0
1 4 6 ,7 9 2
1 1 ,7 6 ?
2 ,6 7 9
2 0 ,0 7 9
7 5 ,1 6 3
1 7 ,1 4 1
3 1 ,8 5 1
3,672
8 .1 2 :
2 ,6 6 2
6 , 6*8
3 ,1 3 6
2 5 ,4 7 3
99,632
1 0 2 .6 2 5
4 ,9 3 9
1 2 7 .C 8 2
4 326
2 ,5 0 3
1 1 2 ,3 4 5
2 0 5 ,4 3 5
8 3 ,8 5 7
775
2 5 .1 4 1
1 0 ,2 9 4
6 ,0 1 4
3 ,8 2 4
2 ,4 4 1
4 .1 0 3
2 7 ,1 7 1
1 0 ,9 6 9
3 4 .3 7 1
8 2 .4 0 2
1 5 1 ,8 2 6
1 3 ,2 0 2
1 1 6 ,8 9 1
1 3 8 ,5 7 8
1 1 ,3 0 8
2 ,7 5 4
2 0 .1 4 2
7 1 ,2 4 4
1 4 ,4 3 6
3 6 ,3 5 1
1 7 3 ,0 2 9
7 2 ,5 6 7
3 7 ,8 0 3
262,52 i
9,247
5,491
219,567
430,857
182,721
1,819
52.603
132,697
10,288
7.890
5,332
8.891
57,337
22,y22
71,858
168,964
317,075
29.004
116,891
138,578
24,132
6,368
42,377
152,366
76.707
* I n c lu d e s B a lt i m o r e T r a c t i o n a n d C i t y & S u b u r b a n f o r b o t h y e a r s .
Street Railway Net Earnings.—The following table gives
of Street railway gross and net earnings received
In reporting these net earnings for the street rail
ways, we adopt the same plan as that for the steam roads—
t h e returns
t h i s week.
that is, we print eaoh week all the returns received that
week, but, once a month (on the third or the fourth Saturday)
we bring together all the roads furnishing returns, and the
latest statement of this kind will be found in the Chronicle
of March 18, 1899. The next will appear in the issue of
April 21, 1899.
<------G ro s s E a r n i n g s .—
7 5 3 ,6 6 2 d e f . 2 6 5 ,3 1 2 d e f . l 7 3 , 4 5 4
6 ,0 2 9 ,2 9 6 1 .5 7 3 .9 2 1 1 .8 1 9 ,4 2 5
1-7,898 d e f . 4 ,7 6 2 d e f . 3 ,6 8 7
1 2 0 ,6 3 7
1 9 ,6 4 9
1 ,1 1 6
NORTHERN PACIFIC.
F e b .,’ 99 .
$
G r o s s e a r n i n g s ......................1 ,5 1 2 ,9 2 0
O p e r a t in g e x p e n s e s . ......... 8 1 2 ,5 6 6
[VOL. L X V III.
1899.
>
- N et E a r n i n g s . ---- s
1898.
1899.
'18 9 8 .
R oa d s.
$
$
L a k e S t . E l e v .( C li l o ) F e b ...................................................
J a n . 1 t o F e b . 28.............................................
24.657
53,670
1 7 ,8 7 6
3 8 ,1 6 5
ANN UAL REPORTS.
Annual Reports.—The following is an index to all annual
reports of steam railroads, street railways and miscellaneous
companies which have been published fince the last editions
of the I nvestors’ and Street R ailw ay Supplements.
This index does not include reports in to-day’s Chronicle
R a il r o a d s a n d M is c . C o ’s —
R a i l r o a d a n d M i s . Go’s.—( C o n ) —
V o lu m e 6 8 —
F a ye.
V o lu m e 6 8 —
P a ge.
A m er. Disfc. T e le g ra p h C o ............
22D N ationa l S tarch M fg . C o .......................... 328
A m e rica n Straw B oa rd...................
327 N ew Y ork & New Je rse y T e l..................... 425
A m er. t-ugar R efining Co.
N o r'h e r n Central R R .. . . 825,375,
382
{Ba>. Sheet o f D tc. 31. i s 9 8 ) .. ..
471 O
sceola C on sol. M in in g ..................
425
A n n A rbor R R ..................................
278 P e n n . M fg . Light. & P o w e r........................ »28
A tla n tic & D anville R R ................
1S4 P e n n sylva n ia R R ............................
470
B a lt. Ches. & A t l ..............................
567
n ia Steel C o ..................
568
B rook lyn vv h a rf & W a r e h o u s e ..
522 PPeeonpnlesylva
’s G as L ig h t & C oke o f
Burl. Ced. R ap. & N or —
.......
567
C
h
icago
...................................
280
327
C anadian Pacific. .............. ,376. 519, 526 P b ila. & Erie ....................................
425
C entral R R . o f n . J .......................
278 P hil. W ilm . & B a lt ..
325
C entral U nion T e le p h o n e ............
229 Q uin cy M in ing C o ...........................
C h icago <fc A l t o n ..............................
376 St. L o u is S ou th w estern Ry.
Chic. June. R ys. & U nion Stock
( Bal. Sheet o) A ov. 3 0 ,1 8 9 8 )---279
Yards..............
326 S an ta F e P res. & Phoenix.. .State
C h ic. St. Paul M in n. & O m a h a ...
521
326
m ent to N . Y . Stock, E xcha nge..
C h icago T e le p h o n e — ..................
229 So. N ew E n g. T e le p h o n e ..............
328
C h icago & W e s t M ich iga n ...........
37« Stand. U n d ergrou n d Cable C o ...
568
C om m ercial Cable C > ....................
471 Stetson (J o h n B .) C o .......................
229
C onsol. G as o f N. Y .......................
328 S tre e t’s W e ste rn Stable Car L in e
229
C on sol. C o a l.......................................
377 T e n n . C oa I, Iron & R R
..............
567
Dei. & H u d so n C a n a l................ 376. 566 T erm . R ^ . A ssn, o f St. L o u is ___
568
D el. L a ck . & W est. R R ....................
l s 4 T e x a s & P a cific
.........................
521
Det. G rand R ap. & W e s t ....... .
376
m a ra ck M in in g ...........................
425
D iam ond M a tch ................................
228 Ta
n ion Sw itch & Signal C o ...........
471
tCdison E lec. 111. Co. o f N. Y .........
5‘ 9 U
U. S. L e a th e r ...................................
377
G rand T r u n k ..................
376 W
e ste rn M arylan d .........................
279
H u n t. & B road T o p M o u n ta in
R R . & C oal...............................
326
St r e e t R a i l w a y s .
L eh igh Coal & N a v ig a tio n ____ 425, 568
V o lu m e 6 8 —
P a ge.
M arsden C o m p a n y..........................
3 8
320
M exica n C en tral..................
376 C olum bus S tre e t R y .......................
M issouri P a cific......................... . . . 520 L o u isv ille (K v .) St. R y ..............
376
N ational B is c u it................................
327 T w in C ity (M in n ea polis, M inn.)
R apid T r a n s i t ....................... 376,
522
N ationa l L e a d ...................................
327
M exican National R ailroad.
('Report fo r the year ending Dee. 31,1898.)
The annual report of President Raoul will be found on
subsequent pages of the C h r o n i c l e . The company has
adopted an arbitrary rate of 80 cents to the dollar as a basis
of converting its Mexican dollars into United States gold,
but the actual loss of late years has been much greater, and
this loss is charged in the item of “ Exchange.” In 1892 this
item amounted to $248,632 in gold ; in 1893 to 8434,242, in
1894 to $701,120, in 1895 to $689,345, in 1896 to $793,403, in
1897 to $1,156,792 and in 1*98 to $1,180,000, these sums repre
senting tne loss in converting into gold that portion of the
silver dollars needed to meet its gold payments, etc.
EARNINGS AND EXPENSES (MEXICAN CURRENCY).
1897.
1898.
1896.
1,21
M ile s o p e r a t e d ........................
218
1 ,2 1 8
1 ,2 1 8
'
E a r n in g s $
4
,
5
2
5
,
2
9
8
3,871,117
F r e i g h t ........................................4 , 6 6 3 , 4 5 6
P a s s e n g e r a n d m a i l ..............1 , 1 8 ’ ,9 4 9 1 , 0 7 9 ,6 4 3 1,010,150
3 0 5 ,0 1 6
278,139
E x p r e s s ........................................ 3 4 3 ,8 3 4
M i s c e l l a n e o u s .........................
1895.
1 ,2 1 8
3,129,461
1,010,048
262,014
1 1 5 ,3 2 1
1 0 9 ,8 1 8
8 1 ,3 0 2
761907
T o t a l ................................... . 6 ,3 3 0 ,9 2 0
E xp en ses—
T r a n s p o r t a t i o n ....................... 9 1 0 ,0 8 3
M o t i v e p o w e r ......................... .1 ,3 8 8 ,2 6 3
M a i n t e n a n c e o f c a r s ..........
2 3 7 ,3 4 1
M a i n t e n a n c e o f w a y ........... 5 7 1 ,6 3 3
G e n e r a l ....................................... , 2 3 1 ,8 1 0
6 ,0 8 0 ,6 6 3
5 ,2 9 9 ,0 2 5
4 ,5 1 3 ,2 0 6
8 5 0 ,6 2 3
1 ,2 1 2 ,4 2 8
2 1 6 ,2 9 4
58 V 1 4
2 2 6 ,3 6 6
8 0 1 ,3 1 7
1 ,0 7 6 ,2 1 3
1 7 4 ,9 5 7
4 9 9 ,4 1 4
2 2 1 ,1 6 6
7 4 6 ,5 7 0
8 7 6 ,6 6 6
1 4 2 ,4 1 4
4 5 9 ,0 4 9
2 1 7 ,0 9 8
T o t a l e x p e n s e s ............. .. 3 ,3 3 9 ,1 3 0 3 ,0 0 4 ,4 2 5 2 ,7 7 3 ,0 6 7 2 , 4 4 1 , 7 9 7
N e t e a r n i n g s .......................... 2 ,9 9 1 ,7 9 0 2 ,9 8 6 ,2 3 8 2 ,5 2 5 ,9 5 8 2 , 0 7 1 , 4 0 9
P. c. o f op . e x p . to earn s .
5 2 -7 4
5 0 -8 9
52*33
5 4 -1 0
INCOME ACCOUNT (MEX. CURRENCY REDUCED TO U. S. CUR. AT 8 0 P.C .) .
1897.
1898.
1896.
1895.
N e t e a r n , (a t 8 0 p . c . ) .......... 2 ,3 9 3 ,4 3 1
71j oJiaj a+cfityi
/e__
I n t . o n 1 s t M . b o n d s .............. 6 7 4 ,1 1 0
M is c e l. b e t t e r m e n t s .............. 1 2 9 ,1 8 6
I n t , d i s o ’ t a n d e x c h a n g e - 1 , 1 8 0 ,0 0 0
M i s c e l l a n e o u s ..........................
1 5 ,5 6 5
T o t a l ....................................1 , 9 9 8 , 8 6 1
B a l a n c e s u r p l u s * ................. 3 9 4 ,5 7 0
2 ,3 8 8 ,9 9 1
2 ,0 2 0 ,7 6 6
1 , 6 5 7 ,1 2 6
6 8 0 ,7 2 0
1 1 4 ,4 5 6
1 , 1 5 6 ,7 9 2
1 8 ,6 5 7
6 8 7 ,7 5 5
1 2 5 ,2 6 9
7 9 3 ,4 0 8
1 1 ,7 1 2
6 9 3 ,0 7 0
9 7 ,2 2 5
6 8 9 .3 4 5
1 8 ,5 6 6
1 ,9 7 0 ,6 2 5 1 ,6 1 8 ,1 4 4 1 ,4 9 8 ,2 3 6
4 1 8 ,3 6 6
4 0 2 ,6 2 2
1 5 8 ,8 9 0
‘ F r o m th e s u r p lu s th e r e w a s p a id A p r il 1 , 1 8 9 5 ,1 p e r c e n t o n th e
i n c o m e “ A s ” f r o m t h e e a r n i n a s |of 1 8 9 4 ; o n A p r i l 1 0 , 1 8 9 6 , l * s p e r
c e n t f r o m t h e e a r n i n g s o f 1 8 9 5 ; o n M a r c h 2 2 , 1 8 9 7 , 3 p . o. o u t o f t h e
e a r n in g s o f 1 8 9 6 ; 3 % p e r c e n t A p r il 4, 1 8 9 8 , fr o m th e e a r n in g s o f
1 8 9 7 , a n d 319 w i l l h e p a i d A p r i l 2 0 , 1 8 9 9 , f r o m e a r n i n g s o f 1 8 9 8 .
CAPITAL ACCOUNT DEC. 31 (U. S. CURRENCY).
C o s t o f r o a d & p r o p . . 7 0 ,6 8 8 , 9 6 9
B ’ n d s & s t ’ k s o t l i . c o s . 4 ,0 4 7 ,7 .c 0
M e x i c a n N a t .R R . s t ’ k
2 1 ,2 5 0
B a l. t o g e n . b a l. s h e e t 1 ,3 6 3 ,0 3 1
7 0 ,7 9 6 ,9 6 9
4 , 0 4 7 ;7 0
2 1 ,2 5 0
1 , 3 6 3 ,0 3 1
7 0 ,8 4 3 ,4 1 3
4 ,0 4 7 ,7 5 0
1 , 4 3 5 ,5 8 7
1895.
$
7 0 ,9 6 1 ,4 1 3
4 ,0 4 7 ,7 5 0
2 1 ,2 5 0
1 , 4 3 5 ,5 8 7
T o t a l .......................... 7 6 ,1 2 1 , 0 0 0
C a p it a l s t o c k ................. 3 3 ,3 5 0 , 0 0 0
1 s t m o r t g a g e b o n d s . . 1 1 ,1 9 9 ,0 0 0
2 d M . b ’ s “ A ” & n B ” . . 2 4 , 5 3 0 ,0 0 0
3 d M . b o n d s ,in c o m e s . 7 ,0 4 0 ,0 0 0
7 6 , 2 2 9 ,0 0 0
3 3 ,3 5 0 ,0 0 0
1 1 , 3 0 9 ,0 0 0
2 4 ,5 3 0 ,0 0 0
7 ,0 4 0 ,0 0 0
7 6 . 3 4 8 .0 0 0
3 3 . 3 5 0 .0 0 0
1 1 . 4 2 8 .0 0 0
2 4 ,5 3 0 / 00
7 , 0 4 0 ,0 0 0
7 6 .4 6 6 .0 0 0
3 3 .3 5 0 .0 0 0
1 1 .5 4 6 .0 0 0
2 4 .5 3 0 . 0 0 0
7 ,0 4 0 , 0 0 0
T o t a l ...........................7 6 , 1 1 9 , 0 0 0
7 6 ,2 2 9 ,0 0 0
7 6 ,3 4 8 ,0 0 0
7 6 ,4 6 6 ,0 0 0
1898.
$
1897.
$
1896.
$
21,2 0
l'HE CHRONICLE.
L 1, 1889 J
GENERAL BALANCE SHEET (U. S. CURRENCY).
A ssets
S e c . M . b ’ da ” A ” A “ B ”
T ex. M ex. b on d pare.
C a s h . - - . . ........................
A c c o u n t s r e c e iv a b le .
T e X s M c x .S t a t e la n d s .
M a teria l-? o n h a n d ..
U ru a p a n e x te n . a c c t .
1897.
£
1898.
$
EARNINGS AND EXPENSES (MEXICAN CURRENCY).
1896.
$
1895.
$
2 0 0 ,0 0 0
7 6 3 ,6 7 0
4 6 8 ,1 7 9
•27.* .8 6 5
2 9 ,* 3 3
3 0 2 ,8 0 1
1898.
E a r n in g s —
$
P a s s e n g e r s ................................, 5 1 4 .9 3 2
F r e i g h t ........................................ 2 .7 S 4 .5 9 9
1 9 7 ,5 4 4
M i s c e l l a n e o u s .........................
1897.
$
4 2 0 ,9 0 9
2 ,4 1 9 ,1 7 4
1 9 4 ,0 4 3
3 1 9 ,4 9 6
2 , 3 6 9 ,5 9 3
2 2 3 ,0 1 8
1895.
$
2 8 0 ,8 1 8
2 ,1 9 7 ,4 6 3
1 8 6 ,0 5 5
T o t a l .............— ................. 3 , 4 9 7 , 0 7 5
E xp an ses—
M a t u t .o f w a y a n d s t r u c t ’ * . 6 2 1 .9 0 9
“
o f e q u i p m e n t . . . ___ . 4 2 7 ,3 4 4
C o n d u c t in g t r a n s p o r t a t ’ n . 8 1 6 ,0 3 6
G e n e r a l ...................................... . 1 5 6 ,3 1 0
3 , 0 3 4 ,1 2 6
2 ,9 1 2 ,1 0 7
2 ,6 6 4 ,1 2 6
5 5 6 ,9 5 9
4 6 3 ,4 9 0
7 8 5 ,5 1 5
1 3 0 ,3 8 7
5 2 8 ,2 8 6
3 * -9 ,5 4 0
7 0 9 ,5 8 3
2 1 9 ,6 7 7
4 30 *63 2
3 3 4 ,5 3 4
6 2 7 ,7 1 3
2 0 4 ,4 6 6
2 4 2 ,3 9 5
7 4 ,7 2 3
9 8 ,5 2 0
T o t a l ..................................... 2 ,0 2 1 ,5 9 9
M et e a r n i n g * ............................ 1 ,4 7 5 ,1 7 5
O th e r in c o m e , le s s s ta m p
a n d o t h e r t a x e s . ..............d e b , 4 4 ,9 1 1
1 ,9 3 6 ,3 5 2
1 ,0 9 7 ,7 7 4
1 ,8 4 7 ,0 8 7
1 , 0 6 5 ,0 2
1 , 5 9 7 ,3 5 5
1 , 0 6 6 ,7 7 1
2 ,0 3 8 ,4 0 2
T o t a l ( M e x . c u r r e n c y ) 1 ,4 3 0 ,5 6 4
P e r e t .o f o p . e x p . t o ea rn * .
5 7 ’81
) .0 8 8 ,8 5 0
63*31
1 ,0 6 5 ,0 2 2
6129
1 ,0 5 7 ,4 4 0
5 9 ’95
*200.000
200,000
7 6 3 ,6 7 0
3 5 3 ,8 8 0
4 1 7 ,2 5 7
2 8 ,3 1 9
3 4 7 ,7 9 9
78 2 701
7 6 3 ,6 7 0
3 1 6 ,0 2 8
5 3 3 ,5 8 8
3 2 ,9 5 8
3 2 2 ,1 7 1
3 ;8 ,4 6 s
763, 70
7 0 3 ,7 7 9
3 1 1 ,0 2 6
3 1 ,5 9 4
3 0 9 ,3 7 5
T o t a l ......................... 2 ,8 7 3 ,6 2 8
B a l. f r o m c a p . a c c t . . 1 . 3 6 3 ,0 3 1
4 2 9 ,5 3 1
B a l . f r ’ m n e t r e v .a c c t .
L ia b ilitie s —
2 3 5 ,6 7 6
P a y -r o l ls & v o u c h e r s .
4 0 0 ,2 4 8
A c c o u n t * D a y a b le —
1 3 2 ,9 7 7
I n t e r e s t o n b o n d s ----3 1 2 ,1 6 3
B a n k o f M e x ic o lo a n .
2 , 5 5 7 ,4 3 4
1 ,3 0 3 ,0 3 1
4 6 0 ,7 3 7
2 ,3 4 9 ,4 4 4
1 ,4 3 5 ,5 8 7
4 0 7 ,3 2 3
2 ,0 3 8 ,4 0 2
1 , 4 3 5 ,5 8 7
1 8 7 .1 7 6
2 7 9 ,5 5 7
1 5 9 ,0 1 4
9 5 ,1 4 5
2 5 5 ,5 8 6
1 4 6 ,3 1 0
1 0 1 ,0 3 8
200.000
200,000
T o t a l ......................... 2 ,3 7 3 ,6 2 6
2 ,3 4 9 ,4 4 4
2 ,5 5 7 ,4 8 4
—v. t$7, p. m o .
Pittsburg Cincinnati Chicago & St. Louis Railway.
(Report f o r year ending Dec. 31,1898.)
The annual report of President Frank Thomson will be
found elsewhere in to-day’s Chronicle .
The operations, earnings and charges for four years, and
the general balance sheet for three years, were as below:
OPERATION* AND EISCAL RESULTS.
Miles operated........
1898.
1,151
1807.
1,151
1896.
1,151
1895.
1,151
O p e ra tio n * —
P a ss e n g e rs * c a r r ie d .
5 , 6 2 0 ,8 1 3
5 ,3 7 1 .7 5 4
5 , ‘ 5 5 . IS O
5 ,8 8 1 ,6 3 6
P a s s , e a r ’ d 1 m i l e . . 1 7 3 .5 0 2 ,2 9 5 1 5 2 ,0 1 0 ,9 3 0 1 5 7 ,1 8 1 ,2 7 3 1 0 7 ,- 2 1 , 4 1 0
R a t e p e r p a s s p .n l.,
2 -0 0 c t s ,
2 -0 5 c t s .
2 0 8 cts.
2 * 0 2 eta.
F r e i g h t , t o n s , c a r ’ d . 1 3 , 1 6 8 .7 8 9 1 1 , 7 2 9 ,3 7 7 1 0 . - 3 ' .3 2 3
1 1 ,6 4 3 .4 9 9
F r e ig h t, to n s, 1 m .. 1 9 0 7 1 5 2 4 6 5 1 6 8 8 2 4 0 7 1 8 1 4 8 7 7 3 7 6 1 7 1 6 4 2 3 6 6 6 2 2
0 * 8 5 eta.
0*65 cte .
B a t e p e r t o n p. m . .
0 * i 9 o ts .
0 - 6 3 eW .
E a r n i n g *—
i
$
$
$
3 ,5 9 5 ,6 2 0
3 ,3 9 7 ,6 0 9
3 , 4 9 9 ,0 4 0
3 ,2 2 8 ,7 7 0
P a s s e n g e r * .......... .
1 0 , 6 4 5 ,3 6 8
9 ,7 3 0 ,1 7 7
F r e i g h t . ........................ 1 1 ,2 7 . 5 4 6 1 0 , 6 0 7 ,7 5 2
1 , 3 9 3 ,5 0 7
1 ,2 9 4 ,6 9 8
1 ,3 0 7 ,9 6 3
1 ,2 5 2 ,5 7 7
M a i l, e x p r e s s , A c . . .
T o t a l ....................... 1 0 , 2 3 6 ,0 7 9
R x p m .e t ~
T r a n s p o r t a t i o n .........
6 ,1 9 8 ,9 8 7
M a ln t. o f e q u l p m ’ t
2 ,2 0 4 , 0 1 7
M a ln t . o f w a r , A c . .
2 , 1 7 2 ,3 0 1
G e n e r a l e x p e n s e s ,.
292 620
T a x e s .......................
7 2 4 ,8 7 5
T o t a l ....................... 1 1 , 5 9 2 3 9 0
S e t e a r n in g s ,... . . .
4 ,6 4 4 ,0 8 9
P . e. o f e x . to e a r n .
7 1 '4 0
1 5 .1 1 1 ,4 8 5
1 4 , 3 7 0 , 3 6 2 1 5 ,4 3 9 ,7 0 6
5 ,7 1 0 . 4 4 0
1 ,9 6 3 , 4 9
1 ,6 3 6 .1 1 0
2 7 7 .5 5 0
1 ,9 2 ,4 1 6
1 0 .2 8 1 3 9 3
4 ,8 i9 ,i9 0
6 7 ’9 1
5 .8 6 7 ,9 1 1
2 .1 3 6 ,5 8 9
1 ,6 0 2 ,1 4 0
2 9 4 ,7 8 5
6 8 7 .5 5 4
1 0 , 5 8 8 ,9 7 9
3 ,7 8 1 ,3 8 3
7369
6 . 2 6 7 ,1 0 8
2 . 3 4 6 .8 7 5
1 . 7 0 3 ,3 8 8
2 7 3 .1 6 1
6 5 8 .0 1 5
1 1 ,2 4 8 ,5 4 5
4 ,1 9 1 ,1 6 1
7285
INCOME ACCOUNT.
Receipt*—
1808.
1897.
$
8
M et e a r n s , o f P . C . C . A S t . L . 4 , 6 H ,0 8 9
M is c e lla n e o u s .. . . . . . . . . . . .
4 6 ,7 0 2
4 ,8 5 9 .5 0 0
2 5 ,1 7 1
1896.
8
3 ,7 6 1 ,3 8 3
6 8 ,6 6 7
T o t a l . . . . . ................. . . . . . 4 , 6 9 0 , 7 9 1 4 , 8 8 4 , 7 6 1 3 ,9 5 0 , 0 5 0
D U b u r e e n e n t *—
I n t e r e s t o n P o n d s ............... 2 ,4 8 7 , 5 2 0 2 . 5 0 3 , 2 5 2 2 ,5 0 7 ,9 7 7
R e n t a ls p a id ..........................
1 1 9 ,8 5 4
1 1 9 ,8 1 1
1 1 9 .8 1 2
O a r t r u s t s ttn o lu d . i n t - ) . . .
3 2 ,8 1 6
3 4 .0 5 2
3 4 ,1 5 9
8 t U T . 4 T B . l 0 M ...........
1 3 ,4 5 1
1 1 7 ,2 7 1
1 9 7 ,7 3 8
L o s e o n L . M H R .................. 2 2 2 ,2 2 5
2 3 0 ,0 4 5
8 0 5 ,8 9 5
E x t r a o r d i n a r y e x p e n s e s . . 4 2 2 .7 2 2
5 2 8 ,3 0 7
1 5 6 .5 6 4
M i s c e l la n e o u s .....................
2 2 0 ,1 9 8
3 4 ,3 9 2
9 8 ,7 5 0
I>iv. o n p r e f . s t o c k ........ .
3 4 0 ,2 4 3
............................. ............
R a t e o f d i v i d e n d , .................. <19* p .c .)
.....................................
K . A I I. B r i d g e s n lt ........................................................................................
1895.
»
4 ,1 9 1 ,1 6 1
4 3 ,6 6 5
4 ,2 3 4 ,9 2 6
2 ,5 2 2 ,1 3 0
1 1 9 ,9 3 7
3 6 .4 8 0
22V ,0 5
2 5 9 ,0 4 4
5 2 ,3 7 5
i. 2 ,7 1 6
,2 n , c.)
2 0 4 ,5 2 5
3 ,9 4 9 ,1 7 2
T o t a l .......................... . . . . . 3 , 9 6 5 , 0 2 9 3 , 5 6 7 , 7 9 0 3 , 4 2 0 .9 0 1
B a l a n c e s u r p l u s ..................... 8 2 5 ,7 6 2 1 ,3 1 8 ,9 7 1
4 2 9 ,1 4 9
2 8 5 ,6 5 4
1IALANCM SHEET, DEC. 3 1 .
1898.
1897.
1896.
A n ti* —
$
$
$
. 9 4 ,1 5 9 ,9 2 4
1 H .1 3 2 .3 7 4
9 4 , 0 6 4 .8 7 4
R o a d a n d e q u ip m e n t
1 ,5 8 0 ,1 13
1 ,5 7 7 , 0 4 *
.
1 , 9 8 0 ,6 9 8
5 4 6 ,4 5 6
0 8 1 ,0 .9 1
5 4 7 ,8 8 0
S a p p il e e o n b a n d . ............
.........
S i n k i n g fu n d J . M. A I . b o n d sL
5 ,6 2 4
4 7 3 ,3 3 1
4 3 9 ,4 3 6
B e t t e r m e n t s t o le a s e d r o a d s
3 6 4 ,6 0 1
1 ,9 9 9 ,7 5 6
1 ,5 7 3 ,2 2 8
8 7 3 ,4 4 9
C a sh tin e, d e p o s l e d f o r tu t.) .
3 ,2 1 9 ,0 8 * 2
2 , 7 7 4 ,6 4 4
2 ,2 * 7 .4 4 4
1 0 2 ,5 2 0 ,6 6 1
1 0 0 ,9 8 8 ,9 6 7
0 9 ,7 9 9 ,3 5 6
2 5 .1 1 2 ,0 3 9
2 2 , 6 9 1 .5 0 2
4 6 ,9 9 8 ,0 0 0
2 6 2 ,5 0 0
7 7 0 .5 2 5
1 .2 3 8 ,3 6 0
5 2 0 ,1 6 3
9 5 3 .5 1 9
3 1 0 .2 4 3
2 0 0 .0 0 0
9 5 6 ,5 5 2
2 ,5 6 8 .2 1 7
2 5 .0 8 7 , 3 7 2
2*.\G«*6,7i£9
4 7 ,2 3 1 ,0 0 0
2 6 2 .5 0 0
7 7 9 ,5 2 4
1 ,1 4 4 .9 3 2
4 4 1 ,5 7 2
8 4 6 ,2 9 9
2 5 .0 2 2 ,7 3 0
2 2 , 6 7 6 ,3 7 1
1 7 . 4 0 2 .0 0 0
2 6 ', 6 0 0
7 7 9 ,5 2 5
1 .0 3 0 ,0 1 1
3 1 2 .7 6 6
8 4 0 ,1 0 1
. 540
6 5 3 ,1 9 2
1 .8 5 2 .8 3 1
0 1 9 ,7 2 0
8 4 8 .0 9 2
..1 0 2 .5 2 0 ,6 8 1
1 0 0 ,9 8 8 ,9 5 7
9 9 ,7 9 9 ,3 5 0
lA tltn i itie * .
.
D u e L i t t l e M ia m i.
..
D u e o th e r c o m p a n ie s .
In te re st on b on d s!
E x t r a ’ ? e x p e n d , f u n d .............
Mis.. Inch m ort. A gr*d rents
..
* I n c lu d e * a m o u n t s f o r o t n e r c o m p a n i e s ' s t o c k s n o t e x c h a n g e d ,
f I n o l u d e s a c c r u e d I n t e r e s t a n d m a t u r e d I n t e r e s t u n p a id .
— V . 6 8 , p .3 8 1 .
Mexican Internaiional Railroad.
( Report for the year ending Dec. 31, 1898.)
On subsequent pages are published at length the remarks
of President Tho*. H. Hubbard, as given in the report.
OPERATIOStS.
1898.
059
1 6 9 .1 4 2
1897.
1896.
180V.
M ile * o p e r 't ’ d . a v e r .
659
629
588
P a s s e n g e r * c a r r ie d .
1 2 9 ,1 0 7
1 1 1 ,4 8 0
1 0 2 ,8 5 8
P a s s e n g e r s c a r r ie d
<me k i lo m e t r e * . . 1 9 , 6 6 7 ,7 0 1 1 8 , 0 8 8 ,7 9 5 1 3 ,9 5 1 .7 5 6 1 2 , 5 5 3 , 9 6 3
T o n s f r e i g 't l m e V c H
6 0 2 ,1 8 5
5 6 1 .6 3 6
5 2 5 ,9 5 1
4 8 9 ,0 4 1
- l k l i o t r e t l 7 3 , 5 1 1 ,0 1 0 1 6 1 ,2 2 6 ,1 1 6 1 6 0 ,3 7 0 ,7 6 2 1 4 6 ,5 8 2 ,7 0 2
* 0 -6 2 1 3 8 E n g lis h m ile s .
615
t S o t I n c lu d in g c o m p a n y ’ s f r e i g h t .
1896.
d e b . 9 ,9 2 3
d e b .9 ,3 3 1
INCOME ACCOUNT (U. S. CURRENCY).
1898.
1898.
1897.
$
$
$
T o t a l n e t . .................................. ,6 5 2 ,0 5 1
5 4 6 .4 6 3
5 2 0 ,4 7 1
O t h e r i n c o m e ..........................
1895.
$
5 4 8 ,0 7 0
1 ,9 5 8
T o t a l ...... ............................ .6 5 2 ,0 5 1
D ed u ct—
I n t e r e s t o n b o n d s ............... . 4 4 8 ,6 5 0
M i s c e l la n e o u s ........................ . 3 9 ,7 2 5
5 2 7 .5 6 9
5 4 6 ,4 6 3
5 5 0 ,0 2 3
4 7 4 ,7 6 8
1 4 ,5 1 3
5 8 7 ,8 0 0
3 0 ,1 6 4
5 6 0 ,0 0 0
1 1 ,1 0 4
0 1 3 ,0 2 4
T o t a l ................................... . 4 8 8 ,3 7 5
4 1 9 ,2 8 1
B a l a n c e ...............................s u r .1 6 3 , 6 7 6 s u r .3 8 ,2 8 9 d e f .7 1 ,5 6 1
5 7 1 ,1 0 4
d e f .2 1 ,0 7 6
' I n c l u d e d In " M i s c e l l a n e o u s " e a r n i n g s a b o v e
RECEIPTS AND EXPEDITDRBS ON CAPITAL ACCOUNT (U . S. CURRENCY)
C ost to D ee. 3 1 , 1897,
R e c e iv e d to D u . 3 1 , 1 8 9 7 —
m a in l in e & b r 'o h e s .$ 3 2 ,2 8 5 ,5 8 2 C o m m o n s h a r e s ............. $ 1 0 ,9 7 5 ,0 0 0
A d d it i o n s l n -1 8 9 8 ........
2 .4 6 0 ,7 7 3
B o n d s ................................... 1 4 . 9 8 4 , 0 0 0
R eceiv ed in 1 8 9 8 C o m m o n s h a r e s ............. $ 1 ,7 3 3 , 2 0 0
B o n d s ...................................
7 1 8 ,0 0 0
H al. t o “ G e n . B a l.’ ’ . . . .
3 3 8 ,1 5 5
T o t a l ............................ $ 3 4 ,7 4 0 ,3 5 5
T o t a l ............................ $ 3 1 ,7 1 6 ,3 5 5
GENERAL BALANCE SHEET, DEC. 3 1 .
.--------------1 8 9 8 .-------------M ex. c u r .
<7. 8. cu r.
«
$
B a la n c e f r o m n r e r . t a b l e . .
________
3 3 6 ,1 5 5
Cash Mu v Y o r k .................................
8 5 ,4 0 1
A c c o u n t * r e c e i v a b l e ................................
8 0 ,1 6 0
G e n e ra l o lllce M e x i c o ........................
3 0 ,4 3 1
P a c i f ic I m p r o v e m e n t C o ........................
...............
s t t t l * i n M e x ico r l s . —
C a s h ................................................. 3 5 4 ,8 8 7
...............
M e x i c a n b o n d * .....................
41,* 7 0
...............
A g en ts a n d co n d u cto r* . . .
0 7 ,9 4 8
I n d i v i d u a l * A c o m p a n i e s . 2 2 4 .9 5 3
...............
________
Traffic balances................ 112,400
S t o c k o f s u p p l i e s . ................... * 9 3 ,0 7 1
...............
T o t a l ..................................... 1 . 2 9 1 3 2 9
V a lu e d a t 4 7 * 8 0 o .o u t h e a ll.
d o l. In '9 7 a n d 4 6 o . l n ’ 9 8
. . . . ____
T o ta l...............................
$
B a la n c e n e t r e v e n u e ............................ ..
M i s c e l l a n e o u s .......... ..................................
I n t e r e s t iie o r u e d o n b o n d s
...............
L ia b U itt t * i n M e x ic o , v i s ,;
V o u c h e r s a n d p a y r o l l * . . . , 3 2 0 ,4 5 1
U n cla im e d w a g e s ...............
1 ,1 * 2 7 ,7 5 9
$
7 0 9 ,9 8 1
1 0 .6 5 4
1 1 ,7 8 0
U n a d ju sted a c c o u n t s ........
i 8 ,1 9 1
T o t a l ..............
- V . 07, p. 1357.
$
3 3 4 ,2 6 7
5 ,0 5 2
.........................................
8 ,3 5 0
1 0 1 ,3 8 2
4 4 1 ,5 5 7
1 1 ,0 7 0
3 2 .H 4
2 0 8 ,1 9 8
6 9 ,3 1 2
S ’ lh -t lC
1 ,1 7 7 ,1 9 7
...............
$
........
27
...............
...............
...............
...............
...............
...............
5 6 0 ,4 5 3
1 ,0 1 3 ,1 3 1
Sj{
6 0 8 ,4 5 4
0 5 ,9 6 3
1 4 9 ,5 5 0
13,288
7 ,4 3 7
5 3 ,1 0 1
1 2 4 ,3 0 7
51,95*
...............
U. 8. cu r.
$
1 9 7 ,4 9 7
429,504
V a lu e d a t 4 7 * 8 0 e ,o n t h e *11.
d o l. I n ’ 0 7 a iiil4 6 e l n ’ 9 8
M ex. cu r .
1 4 9 .5 5 0
17.121
H o s p it a l f u n d ........................
Renewal fund................. .
...............
5 9 5 ,3 9 1
---------------1 8 9 7 . --------------i
3 9 5 ,7 4 0
1 9 7 ,5 7 2
...............
1 8 9 ,1 6 1
1 ,0 1 3 ,1 3 1
1 ,1 2 7 ,7 1 9
Grand Kaplds k Indiana Railway.
( Report f o r the year ending Dec. SI, 1898.)
President James McCrea says in part:
T h e i& fcroas* o f $ 1 0 3 ,1 5 0 , o r 0 * 7 6 p e r c e n t . In g r o s s e a r n i n g s is g r a t i
f y i n g , a n d t«t th e r e s u lt o f t h e c o n t i n u e d a c t i v i t y in b u s i n e s s t h a t
b*«fc a u In J u l y , 1 > 9 7 . N e a r ly 5 5 p e r c e n t o f t h is I n c r e a s e w a s in p a s
s e n g e r b u a ln e * « . a l a r g e p o r t i o n o f w h ic h w a s d u e t o i n c r e a s e d s u m m e r
t r a v e l t o M ic h i g a n r e s o r t s . T h e a d v a n c e in t h e p r i c e o f h a r d w o o d
lurnOi r, a n d l a r g e r d e m a n d f o r s a m e , w h ic h b e g a n In t h e l a t t e r p a r t
o f 1 8 9 8 , h a* c a n n e d m u c h a c t l v l t ? In a ll o f t h e t o w n s o n t h e N o r t h e r n
D iv i s io n o f y o u r l i n e ; h a s a d d e d m a t e r ia l l y t o y o u r f r e i g h t e a r n i n g s ,
a n d p r o m is e s w e ll f o r I n c r e a s e o f b u s i n e s s f o r t h e c o m i n g s e a s o n .
T ie i n c r e a s e in e x p e n s e s is d u e t o i n c r e a s e d b u s i n e s s a n d l ib e r a l e x
p e n d it u r e s f o r m a i n t e n a n c e o f t h e p r o p e r t y . A f t e r t h e c o r n in g y e a r
w e h o p e th a t v e r y d e c id e d r e d u c t io n s c a n b e m a d e in th e c h a r g e s
a g a i n s t I n c o m e a c c o u n t o n a c c o u n t «*f b e t t e r m e n t s . I n c o m e a c
c o u n t I n c lu d e s c h a r g e s f o r t h e y e a r a s f o l l o w s : F o u r n e w l o c o m o t i v e s ,
$28,213; s a f e t y a p p l i a n c e ) t o f r e i g h t c a r s , $^7,110; a d v a n c e s , C . ft. <fe
F . W . K it ,, a c c o u n t I n t e r e s t , * 1 4 . 1 0 1 ; r e a l e s t a t e p u r c h a s e d , $ 8 , 0 0 5 ;
t e r m in a ls a t K a la m a z o o , $6,927; t w o n e w p a s s e n g e r c a r s ( a d d i t i o n a l
e q u i p m e n t ) , $4,98*.'; p u r c h a s e a n d i m p r o v e m e n t W b l d l o o m b B r a n c h ,
i h o a d v a n c e o f o n e th ir d o f th e a m o u n t n e c e s s a r y t o m eet th e
g u a r a n te e d in te re s t on b o n d s o f th e C in c in n a ti R ic h m o n d & F o r t
W a y n e H R . is In c o n t i n u a t i o n o f t h e p o l i c y r e fe r r e d t o in t h e a n n u a l
r e p o r t o f l a s t y e a r . T h e e x p e n s e s o n t h i s l in e h a v e b e e n h e a v y , a n d
w f l c o n t i n u e s o f o r t w o y e a r s l o n g e r , b e c a u s e o f t h e n e c e s s it y f o r t h e
r e b u i ld in g o f i m p o r t a n t b r i d g e s .
EARNINGS AND BXFBXStS (GRAND RAPIDS A INDIANA ONLV).
M ile s o p e r a t e d ........................
E a r n in g *—
1898.
1897.
434
430
$
$
1896.
433
$
1895.
436
$
P a s s e n g e r s ......... „ .................... 6 7 4 ,0 8 7
F r e ig h t ......................................1 ,8 5 8 ,9 2 9
M a li, e x p . a n d m l s c e l 's . . . 1 3 8 ,7 0 1
5 6 9 ,2 9 9
l , 2 S 0 ,7 o 3
1 2 2 ,5 0 5
5 5 4 ,6 2 3
1 ,2 2 0 ,1 5 6
1 2 4 ,6 6 0
5 9 4 ,6 7 8
1 ,3 4 2 ,3 5 9
1 3 7 ,8 0 4
T o t a l ........ ...........................2 ,1 7 1 ,7 1 7
1 ,9 7 8 ,5 6 7
1 ,8 9 9 , 4 4 4
2 , 0 7 4 ,8 4 1
THE CHRONICLE.
616
1998
1807
1896
1895
8 5 0 ,6 8 7
2 4 0 ,2 0 8
3 5 7 ,2 0 1
1 2 6 ,8 4 6
7 8 0 ,8 6 4
2 5 2 ,5 5 8
3 1 1 ,0 1 0
1 0 8 ,1 4 9
8 0 2 ,1 5 6
3 2 4 ,3 3 8
3 5 3 ,2 3 0
1 1 5 ,4 6 0
8 7 4 /1 7
3 2 6 ,8 9 5
3 5 1 ,4 1 0
1 1 2 ,3 0 2
T o t a l . . .............................. 1 ,5 7 5 ,0 9 5
N e t e a r n i n g s .................... 5 9 6 ,6 2 2
P e r c e n t o p . e x p . t o e a r n .. (7 2 * 5 3 )
D e d u c t—
I n t e r e s t o n b o n d s ................. 3 0 0 ,6 2 1
9 3 ,0 8 1
O t h e r c h a r g e s . .......................
1 ,4 5 3 ,4 8 1
5 2 5 ,0 8 6
(73*46)
1 ,5 9 5 ,1 9 4
3 0 4 ,2 5 0
(8 3 -9 8 )
1 ,6 6 4 ,7 2 4
4 1 0 ,1 1 6
(8 0 ’ 2 3 ;
3 5 7 ,2 4 5
9 7 ,7 6 l
4 0 1 ,6 3 5
0 1 ,8 4 6
5 3 2 ,4 6 0
8 3 ,6 8 3
E x p tn stt—
M a in t. o f e q u i p m e n t ---------M a in t e n a n c e o f w a y , e t c . .
G e n e r a l a n d t a x e s ...............
9
6 1 6 ,1 4 3
4 9 3 ,4 8 1
4 5 5 ,0 0 9
T o t a l ..................................... 4 8 3 ,7 0 2
...........................s a r . 1 1 2 ,9 2 9 s u r .7 0 ,0 7 7 d o f . 1 8 9 , 2 10 d e f .2 0 6 ,0 3 7
GENERAL ACCOUNT DECEMBER 31,* 1 8 0 8 .
L ia b ilitie s —
R otiri, e q u i p m e n t , e t c . $ 1 5 ,2 4 5 ,7 0 0 C a p it a l s t o c k .................. $ 5 ,7 5 8 ,7 0 0
9 , 3 3 7 ,0 0 0
F
u
n d , d e b t ( s e e S u p p .)
D ue b y oth er com
1 5 0 ,0 0 0
p a n i c s .............. ...............
8 3 ,8 8 5 M t g s . o n r e a l e s t a t e . ..
1 6 9 ,0 4 7
I
n
t
e
r
e
s
t
o
n
b
o
n
d
s
,
&
c.
Due from agents and
1 0 0 ,2 8 5
c o n d u c t o r s ....................
0 6 .6 2 0 D u e o t h e r c o m p a n i e s .
2
1 4 ,5 4 0
A
c
c
o
u
n
t
s
p
a
y
a
b
l
e
........
C a s h ..................
..........
5 1 0 , 8t>3
1 1 1 ,8 3 8
S u p p lie s o n h a n d ..........
1 0 2 ,7 7 1 A s s e s s ’ t o n 3 d M . b d s . .
8 4 ,2 9 1
M is c e l la n e o u s .......... ..
1 1 9 ,1 4 7
P r o f it a n d l o s s ...............
B .la n c e
T o t a l ............................ $ 1 6 ,0 4 8 ,8 4 8 .
— V . 6 6 , p. 7 5 7 .
[v o l L x v in .
1898
D is b u r s e m e n t s —
$
R e g u la r d i v i d e n d s ............... 3 , 1 0 6 ,3 5 6
E x t r a d i v i d e n d s .................. 7 7 6 ,5 8 9
D e p r e c i a t i o n r e s o r ’e , e t c . . 3 1 6 ,4 6 9
1897
$
2 , 9 3 9 ,9 0 4
7 4 3 ,0 ) 4
4 7 ,2 1 6
T o t a l ...........................................4 , 1 9 9 ,4 1 4 3 , 7 3 0 ,1 7 4
S u r p l u s ............................................. 1 9 4 ,5 5 4
4 3 9 ,5 0 0
1896
$
2 , 6 8 3 ,9 8 3
0 7 7 ,2 5 0
2 2 ,3 4 7
3 , 3 8 3 ,5 8 1
1895
$
2 ,5 0 2 ,4 5 3
6 3 0 ,0 0 0
8 1 ,3 0 6
3 ,2 1 3 ,7 5 9
........................
LEDGER BALANCE DECEMBER 3 1 .
1898.
1897.
1896.
1895.
D eb it—
$
$
$
$
T e l e p h o n e s ............................. 2 ,2 4 8 ,5 3 3
1 ,7 7 2 ,5 9 6 1 ,5 3 7 ,7 6 1 1 ,2 8 5 ,9 4 6
R e a l e s t a t e ............................ 1 ,0 5 2 ,6 9 6
1 ,0 5 2 ,6 9 5 1 ,0 4 6 ,1 2 6 1 ,0 1 5 ,9 2 7
S l o c k s a n d b o n d s ..............5 8 ,7 7 6 ,4 2 6 5 2 , 8 2 7 ,’ 0 5 5 0 , > 1 1 ,1 4 9 4 4 ,1 2 1 ,6 8 1
M eroh a n . a n d m a c h in e r y
1 8 ,2 7 1
1 8 ,3 1 9
1 7 ,4 8 4
1 4 ,0 5 4
B i l ls a n d a o i.’ ta r e o 'v ’ b le .
2 ,0 8 6 ,0 9 2 3 , 2 7 5 ,0 3 9 1 , 4 9 0 , 9 1 0 3 ,4 6 3 .2 1 4
6 7 6 ,9 8 7
1 , 8 3 3 ,9 6 4
9 0 0 ,2 7 1 1 ,3 3 7 ,8 9 3
C a s h a n d d e p o s i t s ............
T o t a l ................................. 6 4 ,8 5 9 ,0 0 4 6 0 ,7 7 9 ,8 4 1 5 5 ,5 0 3 ,7 2 3 5 1 ,2 6 8 ,7 1 5
C r e d it —
C a p it a l s t o c k ......................... 2 5 , 8 8 6 ,3 0 0 2 ', 8 8 6 , 3 0 0 2 3 ,6 5 0 ,0 0 0 2 1 ,5 0 0 ,0 0 0
P r e m iu m a c c o u n t .............. 6 ,1 1 0 ,5 8 2 6 ,1 1 0 ,5 8 2 3 , 5 6 1 , 2 0 0 1 ,3 9 8 ,4 3 5
D e b e n t u r e b o n d s , 1 8 8 8 . . 5 ,0 4 9 , 0 0 0 2 , 0 0 0 ,0 0 0 2 , 0 0 0 ,0 0 0 2 , 0 0 0 ,0 0 0
B i l l s * a c c o u n t s p a y a b l e ’ 1 , 2 7 7 ,8 2 7 1 , 2 1 6 ,3 3 0 1 ,2 0 4 ,5 9 1 1 ,1 2 0 ,6 1 6
P a t. a c c ’ C, ( p r o fi t & l o s s ) . 1 2 ,3 9 9 ,1 4 7 1 2 , 3 9 9 , 0 4 7 1 2 ,3 9 7 ,6 2 1 1 2 , 7 1 3 ,8 0 9
P r o f i t a n d l o s s ..................... 6 ,8 5 1 ,5 1 5 6 , 5 5 1 ,4 3 4 6 , 5 5 1 / 0 3
6 ,3 4 9 ,4 4 5
R e s o r v e .................................... 4 ,4 9 9 ,5 5 9 4 ,0 2 5 ,6 2 8 3 , 9 8 7 ,8 9 6 4 ,0 3 5 ,3 9 9
S u r p l u s ..................................... 2 , 7 8 5 , 0 7 4 2 ,5 9 0 ,5 2 1 2 ,1 5 1 ,0 1 1 2 ,1 5 1 ,0 1 1
T o t a l ............................. $ 1 6 ,0 4 8 ,8 4 8
T o t a l ...................................6 4 , 8 5 9 , 0 0 4 6 0 ,7 7 9 ,8 4 1 5 5 kJ 0 3 ,7 2 3 5 1 ,2 6 8 ,7 1 5
American Bell Telephone Co.
( Report fo r year ending Dee, SI, 1898.)
The report read at the annual meeting this week said in
substance:
“ The underground system has been extended greatly in
recent vears; 358,000 miles or nearly half of the exchange
wire in" the country is now operated underground. The
long distance company [the American Telephone & Tele
graph Co.] shows a gain during the year of 1,301 miles of
ole line and cables, 7,159 miles of wire and 47 offices. To
lec. 3 1 , 1898,.the Long Distance Company has invested in
line construction, franchises, equipment and supplies, $14,847.587. The company shows an increase in gross earnings
in 1898 over 1897 of 17'38 per cent, the amount for 1893,
gross, being $2,205,706.
“ In all there are thirty eight companies whose systems
furnish our long line terminals. These companies report a
total of 409,250 stations, of which 200,528 (48 98 per cent) are
equipped with metallic circuits; and of these 200,528 sta
tions, 25,158 are equipped with long distance cabinet sets.
The new construction completed in 1898 by companies with
which we have contract relations amounted to $12,105,921,
including $7,447,495 for exchange construction and equip
ment and $4,658,426 for toll lines. In addition $1,107,285
was invested in real estate for company and exchange pur
poses. The entire expenditure for construction, including
real estate, to the close of 1898 has been $111,159,309.
The companies operating under our licenses present a
record of growth greater than ever before. More than
80,000 subscribers have been added, requiring 146,000 miles
o f new exchange conductors, and the toll-line system has
been increased by some 61,000 miles of wire. The number
of exchange conversations for the year, computed from daily
averages reported, has reached 1,231,000,000. Toll revenue
all companies for the year exclusive of the Long Distance
company was $5,571,710. Out of the 465,000 subscribers in
the United States, 90,143 are now connected under measured
service contracts.
Plant.—The statistics for the Long Distance Co. and also
for all the licensee companies follow :
E
AMERICAN TELEPHONE & TELEGRAPH CO. (LONG DISTANCE CO.)
’ I n c lu d e s d i v i d e n d s p a y a b l e t h e f o l l o w i n g J a n u a r y , a s b e l o w : I n
1 8 9 5 , $ 9 6 7 , 5 0 0 ; in 1 8 9 6 , $ 1 , 0 6 4 , 2 5 0 ; i n 1 6 9 7 , $ 1 , 1 6 4 , 8 8 4 ; i n 1 8 9 8 ,
$ 1 ,6 6 4 ,8 8 4 .— V . 6 8 , p . 128 .
GENERAL
IN V E ST M E N T
NEWS.
Reorganizations, Etc.—Latest Data as to Defaults, Reor
ganization Plans, Payment o f Overdue Coupons, Etc.—A ll
facts of this nature appearing since the publication of the las t
issues of the I nvestors’ and the Street R ailw ay Supple ments may be readily found by means of the following index.
This index does not include matter in to-day’s Chronicle .
R a i l r o a d s & Mis. C o.’ s.
V o lu m e 6 8 —
P a ge.
Arizona Irap’m ’ t . plan m odified ..
4?2
A tch. Col. & V a c..o ffera ccep ted . 329, 472
Balt. & Ohio .......B .& O. Sou*hw.
plan operative.
18 5
foreclosure. 230, 37^,472, 570
proposition to holders o f Stalen
I d . R ap. Tran . 2d 5s................
offer fo r 1sts.
in t. on neiv bonds Apr. 1.
B.& O. Southwestern.rocr’s certs.
Cape Fear & i adkiu Val. tia n s p r r e d to p u r c h a s e r s ...................
do
do
p a y ’ t o f bonds —
189
233
570
378
281
570
B ’klyn & Bright. Beach R R.426,472,570
Cent Pfic.xtttlem ent; readj. plan.1*29, 378
do. do . deposits; d o c k a ssen ts...
427
Cent. New Eng., insVbn'nt.called. 570
Central V erm ont— reoro. notice.
180
do
do ................sold. 230, 421,570
Charles River Embankment Co.
o f B oston..................sale Apr. 8. 570
Cleve. Can. & Sou...... .. ..p la n .
180
do
do sale confirmed 281,
3‘ 9
Col. H ock. Val. & Tol
.. .plan.
231
do
do . .deposits; penalty. 231,428
do
do ......................... sold.
3 79
do
do ------ successor co 428,571
Herring-Hall-Marvin C o ... plan.
232
Jack.Tampa & Key W .sale A p r. 3.
380
do
do 50% ass't on 1st Qs...A73, o'2±
do
do opposition co >n,473,524, 572
Kan. City Pittsb. & G u lf.. .reorg.
521
Kan. City Suburban Belt reorg.
524
La Follette C. I. & Ry.. Reorg. Co.
331
Leavenw. Top. & Southw... .fore
closure decree.
282
Milw. & Minn. RR.forcIomre suit. 572
New Eng. Loan & Tr. Co. sale o f
secu rities ........................................
573
R a il r o a d s & M is. C os.— (C o n .)
V olu m e 6 8 —
P age.
N. Y. Phil. & Norf. .assess't called.
283
Ohio Southern.saZecon^rTned— 430, 474
Peo. Dec. & Ev.nof. to bondh’ ld’rs 188
Peoria Dec. & Evans...... f< reel.
475
Richm ’d Nich. Irv. & Beatty’s
283
St. L. Chic. <fe St. P....r€cr’if certs.
381
Sioux City O. N. & W .. forecl. dec.
475
-io u x City Term .. .foreclosure.
475
Staten Isl. Rap. T t .proposition to
holders o f ‘2d 5a: agreem ent ope
r a tiv e .............. ............................189, 525
do
do
— offer f o r l8ts.
233
Stuttgart & Ark. R iver.......... sold
189
Tacoma Land Co..«old.3.81; reorg.
475
Terre Haute E lectric .forecl. s u it
333
W est W isconsin R y ...... final n o
tice to bondholders.
525
W heel. & Lake Erie........ coupons.
431
do
do
..........sold.
284
do
do
reorg. n o tice
574
Wis. Cent. C o........ reorg. .284, 431, 574
St r e e t R a i l w a y s .
V o lu m e 6 8 —
P age.
Akron (O.) St. Ry. & 111.sa’eM a r.
25. 428
Freeport (111.) Gen. Elec. Ry.recr. 524
Hartford & W est H art.R R .recr.
524
lronton (O.) Elec. Light & St.
R y........................................recr.379,428
Kings Co. El.
deposit o f bonds.
331
Lake Ont. & Riverside. .
sale.
474
Logansport (Iud.; St. R y ....sn ld .
384
N. O. T rac................ sale M arch 20 429
do do
reorganized co.
525
Niagara Falls (N.Y.) & Lewiston
332
People’s Ry.(St. Louis.M o.). sold. 330
Union Traction o f N. J . reorg. co.
889
Akron Street By. & Illum inating Co.—Akron Traction
& E lectric Co.—Sold.—A t the foreclosure sale on Tuesday
5 ,8 0 4
the property was purchased for $1,050,000 by James H,
Dempsey, of Cleveland, representing the reorganization
1 1 6 ,1 1 6
1 0 7 ,4 1 0
9 0 ,2 5 1
238
183
trustees of New York. The property will be transferred to
149
$ 1 , 8 7 9 ,2 9 4 $ 1 ,5 9 9 ,5 9 0 $ 1 , 3 2 6 , 6 8 4
the recently organized Akron Traction & Electric Co., whose
STATISTICS OF ALL THE COMPANY’ S LICENSEES.
capital stock is to be increased to $2,000,000, of which
( I n c l u d i n g L o n g D i s t a n c e C o m p a n y .)
$1,000,000 to be 5 per cent preferred. For reorganization
1898.
1897.
1896.
1895.
plan see S t r e e t R a i l w a y S u p p l e m e n t . — V. 68, p. 435.
N o . o f In stru m e n ts
u n d ’ r r e n t ’ l D e c . 2 0 . 1 ,1 2 4 ,8 4 6
9 1 9 ,1 2 1
7 7 2 ,6 2 7
6 7 4 ,9 7 6
American Beet Sugar Co .—Incorporated.—This company
E x c h a n g e s J a n . 1 ____
1 ,2 6 0
1 ,0 2 5
967
927
was incorporate! at Trenton on March 24 witli a capital
B r a n c h o f f i c e s ..............
1 ,0 0 8
937
832
686
stock of $20,000,000, o f which $5,000,000 is 6 per cent nonM ile s w ir e o n p o l e s . .
3 9 6 ,5 0 6
3 2 7 ,3 1 5
2 8 6 ,6 3 2
2 6 0 ,3 2 4
M ile s w i r e o n b u i l d ’ g s
1 5 ,3 2 9
1 3 ,7 7 6
1 2 ,5 9 4
1 2 ,8 6 1
cumulative preferred stock.
Spencer Trask & Co. and
M ile s w ir e u n d e r g r ’ d .
368 184
2 8 2 ,6 3 4
2 3 4 ,8 0 1
1 8 4 .5 1 5
Kuhn, Loeb & Co. are interested in the enterprise, the
M ile s w ir e s u b m a r in e
2 ,9 7 3
2 ,6 7 5
2 , w18
2 ,0 2 8
prospectus of which was cited quite fully in the C hronicle
T o t a l m . e x o h .w i r e .
7 7 2 ,9 8 9
6 2 6 ,4 0 0
5 3 6 ,8 4 5
of Feb. 11, page 280.—Y. 68, p. 280.
4 5 9 ,7 2 8
T o i l w i r e ( m i l e s ) .........
3 8 5 ,9 1 1
3 2 4 ,8 8 3
2 6 8 ,8 6 6
2 1 5 ,6 8 7
American B ell Telephone Co.—American Telephone &
N o . o f e x o n , s t a t io n s .
4 6 5 .1 8 0
3 8 1 ,2 3 0
3 2 5 ,7 2 0
2 8 1 ,6 9 5
N o . d a i l y c o n n e c t ’ n s .. 3 ,8 2 3 ,0 7 0
3 ,0 9 9 ,4 7 2
Telegraph Co.—S50,000,000 Neiv Stock.—The American Tele
2 ,6 3 0 ,0 7 1
2 ,3 5 1 ,1 2 0
T o ll r e v e n u e , e x c lu
phone & Telegraph Co.—the long-distance company con
s i v e L o n g D ie t. C o $ 5 ,5 7 1 ,7 1 0 $ 4 , 4 3 5 ,5 1 5 $ 3 ,5 8 9 ,0 4 4 $ 2 ,9 1 0 ,4 4 4
trolled by the American Bell Telephone Co.—on March 27
Earnings, Etc.—The following is a comparative statement certified to the Secretary of State, at Albany, an increase of
of earnings, expenses and income for four years of the Amer its capital stock from $25,000,000 to $75,000,000. The capital
ican Bell Company:
actually paid in is $33,500,000, and the debts and liabilities
EARNINGS, EXPENSES, ETC.
amount to $902,736. The capital stock of the American Bell
1898.
1897.
■
1896.
1895.
Telephone Co. being $50,000,000 authorized and $25,886,300
E a r n in g s —
$
$
$
$
issued, it appears highly probable that the increase in the
R e n t a l o f t e l e p h o n e s .......... 1 ,6 1 0 ,8 5 6 1 ,5 9 7 ,9 ’ 9 1 ,2 3 8 ,3 7 8
1 , 1 7 9 ,5 6 6
capital
of the American Telephone & Telegraph Co. is pre
D iv i d e n d s .................................. 3 ,2 3 9 ,4 0 7 3 , 0 3 5 ,3 7 9 2 ,6 1 6 ,3 0 7 2 ,5 2 3 ,1 4 9
E x . te rr’ i & b r a n c h lin o s . 1 2 1 ,i l l
2 1 1 ,5 0 7
1 8 2 ,2 6 5
paratory to the carrying out of the plan suggested several
1 4 8 ,6 9 5
T e le g r a p h c o m m i s s i o n . .
1 8 ,3 9 0
3 3 ,1 7 4
3 4 ,0 7 7
3 2 ,4 2 3
weeks ago of merging the American Bell Telephone Co.
I n t e r e s t ...................................... 3 7 0 ,9 9 2
1 1 7 ,0 7 1
1 7 1 ,3 5 5
2 1 5 ,3 2 0
in the American Telephone & Telegraph Co. The report of
R e a l e s t a t e a n d m is o e l’ s . .
8 7 ,5 4 7
8 5 ,7 5 2
8 4 ,9 7 1
8 0 ,0 0 6
the American Bell Telephone Co. for the year 1898 is cited
T o t a l .....................................5 ,4 4 8 ,7 0 3 5 , 1 3 0 ,8 4 4 4 , 3 2 7 , 3 2 4 4 , 1 7 9 ,1 6 0
above.—V. 68, p. 128.
E x p e n s e s , in c l. In t. a n d
American Steel Hoop Co.—National Tube Co.—Iron Com
t a x e s , c o n c e s s io n s , e t c . 1 ,0 5 4 ,7 3 5
9 6 1 ,1 7 0
9 1 3 ,7 4 4
9 6 5 ,4 0 1
pany Consolidations.—Negotiations.—The “ Iron Age” on
N e t e a r n i n g s .................. 4 ,3 9 3 ,9 6 8 4 ,1 6 9 ,6 7 4 3 ,3 8 3 ,5 8 1 3 , 2 1 3 ,7 5 9
Thursday said:
1898.
P o l e l in e a n d c a b l e s
( m i l e s ) ...........................
1 0 ,0 7 9
W i r e c o n n e c t ’ !? o ffic e s
ir n lle s )...........................
1 2 3 ,3 7 5
O ffic e s c o n n e c t e d ___
285
G r o s s e a r n i n g s ............ $ 2 ,7 0 1 ,7 0 6
1897.
8 ,7 7 8
1896.
7 ,3 4 5
1895.
A pril 1, 1899.J
THE ( HBONICLE.
617
The “ Brooklyn Eagle ” says : “ The terms offered were on
a basis of 39 a share for the common stock and 60 for tbe
preferred. Of this amount tbe syndicate pays 75 per cent
iu cash. For the remainder it gives Rapid Transit stock
at 60.”
Introduction o f Trolley.— Work was begun by tbe Brook
lyn Rapid Transit Co. on Wednesday on the change of tbe
Brooklyn & Brighton Beach road into a trolley line. Thelaying of the third rail for the electric service oh the Brojklyn Union Elevated Railroad was begun on the Fifth Avenue
line several days ago.
“ On Unlisted."—The New York Stock Exchange has ad
mitted to dealings 31,636 shares o f additional stock of the
American Woolen Co.—Incorporated.—This company, Brooklyn Rapid Transit.— V . 63, p. 570.
whose prospectus was in the C h r o n i c l e of March 11, page
Central Pacific R R .—Southern Part fid Co.— Plan Opera
472, was incorporated at Trenton on Mar. 39. Inc irporators : tive.—Further Deposits to be Received till April 6.—A large
majority of each class of bonds and over 97 l£ per cent of tbe
.9. B. L a w r e n c e , J o h n B . S n m m e r U e ld , H e n r y C . E v e r d e l l , A r i u l t a g e
M a t t h e w s , H e n r y M . H a v l la n d , G e o r g e E . S p e n c e r , L e a v it t J . H u n t , stock of the Central Pacific having assented to the plan and
C h a r le s B. H ill, a n d R o b e r t B a r r y , J r . , o f N e w Y o r k , a n d J a m e s C .
agreement for the readjustment of the company, dated Feb.
W o o d h n ll o f N e w a rk .
8, 1899, the readjustment managers give notice that the said
The Mew York offices will probably be at 74 Worth Street. plan is declared operative. The time for further deposits of
The authorized capital stock is 165,090,000, o f which $35, stock and bonds, without additional charge, has been ex
000,(00 is 7 per cent cumulative preferred. New acqui tended to and including April 6, 1399, after which date de
sitiOBB, it is sa d, are being made— V. 68, p. 472,
posits will be accepted only upon a cash payment of one per
American Tobacco Co.—Union Tobacco Co.—Stock In cent of the par value of bonds, and an additional cash pay
creased —Tne stockholders on Tuesday authoriz sd the pro ment of $1 per share of stock deposited.
As to the Central Pacific first mortgage bonds, Series A, B,
posed issue of $85 000,000 new common stock, (par $50),
thereby increasing the capital stock from $35,000,000 to $70.- C, D, E, F, Cr, H and I, holders of certificates of deposit is000,000, of which $14,000,000 is 8 per cent preferred. The sned under bondholders’ agreement, dated Ang. 14, 1897, are
new stock will be used to acquire the Union Tobacco Co. notified that in order to accelerate the carryiag out of the
and for other purposes. It was also voted to amend the plan holders should present their certificates promptly at the
charter o f the company so as to raise the number of direct offices of the readjustment managers to be stamped as assent
ors from twelve to fifteen, and the following new directors ing to tile plan of read just mint. Any holder desiring to
were elected on Wednesday: P. A. B. Widener, Thomas F. accept cash for his bond rather than the new securities as
provided in the plan mast present his certificate of deposit
Ryan and Anthony X. Brady.
Doubt Regarding Liggett dt Myers’ Plant.—The New York to be stamped accordingly, on or before April 6, 1899. 3ee
advertisement in another column.—V 63, p. 533.
“ Sun" on Thursday said:
Listed.—The New York Stock Exchange has listed the
T h » b r e a k i n t h e t o b a o i o s t o c k * e l i c i t e d t h e f a c t t h a t th e a c q u i s i
t io n o f t h e U n io n T o o a o e o o O o . b y t h e A m e r i c a n C o . d u o * n o t i n c l u d e
engraved certificates issued by Speyer & Co. for tbe folio ly
t h e o p t i o n o n t h e L i g g e t t A M y e r s p l a n t , w h ic h w a s * e e u r e d a n d Is
ing securities:
s t il l h e l d b y a s y n d i c a t e o f c a p i t a li s t * t h a t w e r e a c t i v e In p r o m o t i n g
“ P r i c e s o n h o o p s a n d c o t t o n t ie s S a v e b o e n w l t h l r a w n p e a r l in g t h e
c o n s u m m a t io n o f t h e c o n s o l i d a t i o n a m o n g t h e m ills , w h ic h is n o w
c l o s e t o a s e t t le m e n t . T h e c o n s o l i d a t e d c o m p a n y , w h ic h w i l l p r o b
a b l e b e c a l l e d th e A m e r i c a n S t e e l H o o p C o ., w il l t a k e in th e t h r e e
P i t t s b u r g p la n t s , w it h t b e t h r e e b l a s t f u r a a o e s b e l o n g i n g t o o n e o f
t h e m , o n e c o n c e r n in t h e S h e n a n g o V a ll e y , t h e Y o n n e s t o w n M ill,
w h ic h is to b e t r a n s f e r r e d b y t h e N a t io n a l S t e e l C o ., a n d t h e D a n c a n s T tlte W o r k s . T h e r e la t i o n s b e t w e e n t h e N a t io n a l S t e e l C o . a n d th e
A m e r .c a a S te e l H o o p C o. a r e v e r y c lo s e .
T h e s u b s c r ip t i o n b o o k s o f t h e c o n s o l i d a t i o n o f t h e W e s t e r n a n d
S o u t h e r n b a r m ills w e r e o p e n e l t o d a y . A f u r n a c e p r o p e r t y In t h e
B ir m tc .
n e t is i n c lu d e (, b u t n o n e o f t h e P i t t s b u r g o r E a s t e r n
m il l s a r e i n t h e c o n s o l i d a t i o n
T h e s h e e t m ill n e g o t i a t i o n s a r e s t il l
h a n g in g fire , b u t it Is b e l ie v e d t h a t u l t i m a t e l y s o m e t h i n g w ill b e d o n e
w it h t h is I n te r e s t. T h e t u b e c o n s o l i d a t i o n is r e p o r t e d t o b a r e r e a c h e d
t h e p o i n t t h a t s u b s c r ip t i o n b o o k s w i l l b e o p e n e d i n a f e w d a y s . ” — V .
8 3 , p. 4 2 9 .
t h e U n io n T o b a c c o O o
A s t w o o r th re e o f th e m e m b e r s o f th a t
s y n d i c a t e w e r e e l e c t e d d i r e c t o r * o f t h e A m e r i c a n T o b a c c o C o . t o -d a y .
It w o u ld a p p e a r t h a t t h e S t r e e t w a s r a t h e r h a s t y In j u m p i n g t o th e
e o n c l u s l o n t h a t t h e o p t i o n r e f e r r e d t o 1* l i k e l y t o b e e r - r c l s c d t o t h e
d e t r i m ent o f tlm A m e r i c a n a n d C o n t i n e n t a l c o m p a n i e s . I t m a y b e ,
h o w e v e r , t h a t th e m a n a g e r * o f t h o s e c o m p a n i e s c o n s i d e r t h e p r i c e
n a m e d in th e o p t i o n t o o h ig h , a n d t h a t It m a y t h e r e f o r e b o a l l o w e d
t o la p s e , [ n t h a t c a s e t h e r e w o u ld p o s s i b l y b e a r e n e w a l o f h o s t ll
I tie e b e t w e e n t h e C o n t i n e n t a l C o . a u l th e S t. L o u is c o n c e r n
S t ill
a n o t h e r p la u s i b l e v i e w u t h a t t h e L i g g e t t * M y e r s p l a n t m a y b e
t a k e n o v e r b y t h e s y n d i c a t e h o l d i n g th e o p t i o n a n d o p e r a t e d a* a n
I n d e p e n d e n t c o n c e r n , y e t In h a r m o n y w it h th e t w o c o m p a n i e s t h a t
c o n t r o l p r a c t i c a l l y th e e n ' r e t o b a c c o b u s in e s s o f t h e U n it e d S t a t e s .
Option to Holders o f Scrip. —The option is given holders
of the company's scrip to have their scrip redeemed at par
during May, or extended for three years at 6 per cent in
tereat.—V. 68, p. 471.
Baltimore £ Ohio R li.—Coupons.—Coupons o f Baltimore
& Uhlo RR. extended 4 per cent bonds will be paid at ma
turity at the offices of Messrs. Spsyer & Company, 30 Broad
Street, New York.—V. 68, p. 570.
Bethlehem Iron Co.—Bethlehem Steel Co.—Sew Com
vany.—Lease.—The incorporators and directors of the Beth
lehem Steel Co., as shown by the application f or a charter at
Harrisburg, are: Joseph Wharton. Elisha P. Wilbur, Robert
H. Sayre, Robert S. Linderman. Beanveau Borie, Edward T.
Stoteebury, John Lowber Welsh.
On Wednesday the directors of the Bethlehem Iron Co.
declared a stock dividend of 50 per cent out of accumulated
earnings, payable in scrip to stockholders o f record at 3 p. m.
March 29. They also called a special meeting of the stock
holders for April 15 to vote on the proposition to lease the
company to the Bethlehem Steel Co., at a guaranteed divi
dend rental of 6 per cent per annum, with the privilege for
Iron Co. stockholders to subscribe to the $15,000,000 stock of
the new Steel Co. Th^stock of the steel company is divided
into shares of $50 each.—V. 68, p. 523.
Brooklyn Rapid Transit Co.— Brooklyn Union Elevated
M l.—Possession Taken.—New Officers.—Ua Saturday last
the Brooklyn Rapid Transit Co. took formal possession of
the Brooklyn Union Elevated RR., Receiver Uhlmann being
discharged. The following directors were elected for the
new company:
F r e d e r ic P. J l e o t t . C lin t o n
B o u l t e r ( P r e s id e n t ) , T . 3 . W i ll ia m *
( s e c r e t a r y a n d T r e a s u r e r ) ,W i l li a m H a ll* . J r .; F r e d e r i c U h lr o a n n . W il
H am F . S h e e h a n , N ic h o l a s F. B r a d y . F r e d 8 , F l o w e r . J o h n 8 , G e o r g e ,
I r a A . K ip , J r . . J o h n B. T a y lo r , J o h n V . C la r k a n d H a r r y F o l g c r .
New 3 -c w ities. —Toe sec tin tie i oE the Brooklyn Uaion
Elevated RR. are reaiy for delivery at the Central Trust Co.
Offer to Minority Stockhobiers.—U. B. Hollins & Co. make
the following announcement to the stockholders of the
Brooklyn Union Elevated RR. Co.:
" S om e m o n th * a g o a c o n t r a c t w as e n te r e d In to b e tw e e n tb e h o ld e r *
o f a m a jo r ity o f th e s t o c k (b o th p r e fe r r e d a n d o o in m o o i o f t b e n e w ly
o r g a n i s e d B r o o k l y n U n io n E l e v a t e d R R . C o ., f o r th e s a le o f a e o n
t r o l l i n g in t e r e s t In s a id s t o c k , f o r o a » h , t o » s y n d ic a t e . T h e m a j o r i t y
h o ld e r * s e l li n g s a i l s t o c k r e s e r v e d t h e p r i v i l e g e t h a t a ll h o l d e r * o f
b o t h c la u s e * o f s t o c k s h o u ld h a v e th e o p p o r t u n i t y f o r a l i m i t e d t im e
o f d i s p o s in g o f t h e ir h o ld in g * t o t h e s a m e s y n d i c a t e a t t h e s a m e p r i c e *
a t w h ic h th e m a j o r i t y s o l d . W e a r e t h e r e f o r e a u t h o r i z e d b y M r. W m .
H a ll s , J r ., r e p r e s e n t in g t h e m a j o r i t y s t o c k h o l d e r s w h o h a v e s o l d , to
o ffe r t h e m in o r i t y s t o c k h o l d e r s t h e p r i v i l e g e u n t il 3 o ’ c l o c k P M
A p r i l 3 d , 1 3 9 9 , t o d s i lv e r t h e i r s t o c k t o n s , a n d r e c e i v e p a y m e n t t h e r e
f o r In c a s h , u p o n d e l i v e r y o f e s r t if lc a t e s p r o p e r l y a s s ig n e d a n d w ith
p r o p e r r e v e n u e s t a m p s affl t e d . w it h o u t c o m m i s s i o n ."
8 2 , 1 9 8 ,0 0 0
W e s t e r n P a c i n o R R . llr * t m o r t g a g e b o n d s , s e r ie s A a n d
B ; # 9 , 1 5 2 .0 0 0 C a li f o r n ia A O r e g o n R R . H rst m o r t g a g e b o n d s , s e r ie s A
.m d B : # 5 , 1 5 6 , 0 0 0 C e n tr a l P a o lt lo R R . S a n J o a q u in V a ll e y b r a n c h ,
fir s t m o r t g a g e b o n d * , a n d # 1 , 7 0 3 . 0 0 0 C e n t r a l P a c if ic R y . l a u d b o n d s .
T h e a m o u n t o f b o n d * o n t h e l is t la t o b o r e d u o o 1 a c o ir d ln g ly , a n d t h e
C o m m i t t e e o n S t o c k L is t Is e m p o w e r e d t o a d d t o t h e Hat a d d i t i o n a l
o e r t lf le a t c * a * o l ll o l a ll y n o t i fi e d t h a t t h e y h a v e b e e n Is s u e d In a c c o r d
a n c e w it h t h e p l a n .
Large Sale o f Stock.—A press despatch from San Francisco
on March 27 says: ’ •Mrs. Stanford nas sold her Csntral Pa
cific RR. stock for $ 1,504,090 to 8p»yer & C x She disposed
of 10,000 shares at $38 a share, or a total of*$3 50,000, a snort
time before her departure from San Francisco on Jan 27.
Early in March she sold the remaining 23,000 shares for $52
ashore, or a totalof $1,144,000.” —V. 63, p. 523, 378.
Central Vermont R R .—Sale Confirmed.—The United
States Circuit Court at Brattleboro, V t , has confirmed the
sale of the road to the reorganization committee.—V . 68, p.
570.
Chicago A Alton RR,—Formal Transfer.—Tne formal
transfer of the property to the purchasing syndicate will be
made at a meeting of the directors o f the company in Chi
cago next Monday.
President Blackstone Sells His Stock.—T. B, Blaokstone,
President of the Chicago & Alton, has accepted the terms
of the syndicate for the Chicago & Alton stock, and it is
understood will retire from the management at t h 9 annual
meeting to be held on Monday.—V. 68, p. 523.
Chicago Burlington & Northern R R .—First Mortgage
Bonds Called.—The company has formally called for pay
ment its $3,053,500 first mortgage 5 per cent bonds, due
April 1, 1936. The loan will be paid at the Merchants' Na
tional Bank, 28 State Street, Boston, Mass., at 105 and
accrued interest on Oct. 1, 1899.— V. 68, p. 570.
Cleveland Canton & Southern—Offer to Purchase Road.—
Holders of the Mercantile Trust Company's certificates of
deposit for first mortgage 5 per cent bonds of the Cleveland
& Canton RR. Co. are notified that a general meeting of said
holders will lie held at Room No. 325, No. 33 Nassau Street
New York City, on April 5, 1899, at 3 o’clock, to consider an
offer which the committee has received for the purchase of
the railroad and property, which were acquired by the com
mittee at the recent foreclosure sale.—V. 68, p, 379.
Continental Tobacco Co.—Official Statement.—The fol
lowing is from an official statement:
Organisation,—O r g a n iz e d D e c . o , 1 8 9 8 , u n d e r l a w * o f N . J . A u t h o r
iz e d c a p i t a l:
p r e f , n o n - c u m u l a t lv e 7 p e r o e n t s t o c k . # 3 7 ,5 0 0 ,0 0 0
o o m m o u - t o o k , $ 3 7 ,5 0 0 ,0 0 0 . F a r v a l n e o f s h a r e s $ 1 0 0 e a c h . N o p e r
s o n a l l ia b il i t y . A m o u n t o u t s t a n d i n g : p r e f e r r e d , .$ 3 1 ,1 4 5 ,0 0 0 ; c o m
m o n , $ 3 1 ,1 1 8 ,5 0 0 .
R e g is t r a r . C h a m N a t io n a l B a n k , N e w Y o i l i ;
T r a n s fe r A g e n t, M a n h a tta n T ru st C o.
O w n * t h e p r o p e r t l e ', r ig h t s , t r a d e m a r k * , t r a d e n a m e s a n d a s s e t s
o f e v e r y k in d h e r e t o f o r e o w n e d b y t h e f o l l o w i n g c o n c e r n s , v i z . : J o h n
F in z e r A B r o t h e r , L o u i s v i l l e , K y .; P. H . M a y o ,fe O o . ( I n c o r p o r a t e d ) ,
R i c h m o n d , V s .; D a n ie l s o o t t o n <t O o ., u e t r o l t . M ic h ,; F. J . 8 o r g O o .,
M id d le t o w n , O h io , D r u m m o n d T o b a c c o C o . , S t . L o u is M o ,; B r o w n T o
b a c c o Co
ml
L o u is . M o .; J . W r ig h t C o ,, R i c h m o n d , V a .; W r ig h t
B r o t h e r s T o b a c c o C o .. S t. C h a r le s M o.
A ls o o w n s t h e c o m m o n s t o c k
a m o u n t i n g t o $ 3 ,0 0 0 ,0 0 0 p a r v a l u e , o f t h e F . L o r l l l a r d O o ., J e r s e y
C i t y , N . J ., a n d t h e p l u g t o b a c c o b u s in e s s a n d a s s e t s p e r t a i n i n g
t h e r e t o o f th e A m e r i c a n T o b a c c o O o. T h e p r e f e r r e d s t o c k o f t h e P.
L o r l ll a r d O o ., o f t h e p a r v a l u e o f $ ’ ,0 0 0 ,0 0 9 . Is e x c h a n g e a b l e f o r th e
p r e f e r r e d s t o c k o f th e C o n t i n e n t a l T o b a c c o O o ., In t h e p r o p o r t i o n o f
s e v e n s h a r e s o f t h e f o r m e r f o r e i g h t o f t h e la t t e r .
6L8
THE CHRONICLE
C e r t if ic a t e o f O r q v n iz a t io n . —T h e c e r t i f i c a t e o f o r g a n i z a t io n
p r o v i d e * th a t
u p o n d i s s o lu t i o n o f ttie c o r p o r a t i o n a n d a f t e r th e
paym ent
o f its d e b t s , t b o p r e f e r r e d s t o o k s h a ll b e r e d e e m e d a t
p a r If th e a s s e t s a r e s u ffic ie n t . I f t h e a s s e t s a r e n o t s u f fi c ie n t , t h e n
t h e y s h a ll b e d i s t r i b u t e d r a t a b l y a m o n g t h e h o l d e r s o f t h e p r e f e r r e d
s t o c k . “ I f th e a s s e t s a r e m o r e t h a n s u f fic ie n t t o r e d e e m t h e p r e f e r r e d
s t o c k a t p a r , a ll r e m a in in g a f t e r s u c h r d e i n p t i o n s h a ll b e d i v i d e d
r a t a b l y a m »n g t h e h o l d e r s o f t h e g e n e r a l o r c o m m o n s t o c k . ’
T h e d i
r e c t o r s s h a ll b e c la s s !t ie d , a n d a t t h e tir s t e l e o t i o n th e s e v e r a l c la s s e s
■ h a ll b e e l e c t e d a s f o l l o w s : F iv e f o r o n e y e a r , liv e f o r t w o y e a r s a n d
fiv e f o r t h r e e y e a r s , a n d a t th e e x p i r a t i o n o f t h e i r r e s p e c t i v e t e r m s
t h e ir s u c c e s s o r s s h a ll b e e l e o t e d f o r t h r e e y e a r s , s o t h a t t h e t e r m
e a c h d i r e c t o r , a f t e r t h o s e e l e c t e d a t t h e t ir s t e l e c t i o n , s h a ll b o t h r e e
y e a r s . I f th e n u m b e r o f d i r e c t o r s s h i ll b e a t a u y t im e c h a n g e d , t h e
b o a r d o f d i r e c t o r s s h a ll h a v e p o w e r t o r e -a r r a n g e t h e c la s s i f i c a t i o n o f
th e d ir e cto r s . T h e b o a r d o f d ir e c to r s h a v e th e p o w e r , b y v o t e o f a
nn\ )'*rlty o f a ll th e d i r e o t o r s , a n d w it h o u t t h e a s s e n t o r v o t e o f t h e
s t o c k h o l d e r s , t o m a k e , a lt e r , a m e n d a n d r e s c i n d th e B y -L a w s , t o f ix
t h e a m o u n t t o b e r e s e r v e d a s w o r k in g c a p i t a l, a n d t o t lx w h a t n u m
b e r o f d i r e o t o r s s h a ll c o n s t i t u t e a q u o r u m o f t h e b o a r d .
O f f i c e as, - J a m o s B D u k e , P r e s id e n t ; H a r r i s o n I . D r u m m o n d ,
F i r s ; V ic e P r e s i d e n t ; F r a n k F . R a y , S e o o n d V i c e - P r e s id e n t ; O r e n
B c o t t e n , T h ir d V i c e - P r e s id e n t ; P . L o r i ll a r d , J r ., T r e a s u r e r ; D . A .
K e ll e r , S e c r e t a r y .
„
_
__
JL).h e c t o r s .—J a m e s B . D u k e , O r o n S c o t t e n , H e r b e r t L T e r r e l l,
M a r k * L e o p o ld , R o b e r t B. D u la , H a r r i s o n I. D r u m m o n d , P ie r r e L o r i l l a r d , J r ., O liv e r H . P a y n e . B a s il D o e r h o e fe r , J o s e p h B . H u g h e s , F r a n k
H . R a y , J o h n B . C o h ti, T h o m a s A t k i n s o n , G r a n t B . S c h l e y , P a u l
Tne $31,145,000 7 per cent non cumulative preferred stock
and $31,146,500 com non stock was recently admitted to quo
tation in the Unlisted Department of the New York Stock
Exchange.—V. 6$, p. 523.
Consolidated Street Car Co.—Street Car Manufacturing
Consolidation.—Incorporated.—This company, with author
ized capital of |18,000,000, has been incorporated at Trenton
by William B. Chapman, New York; A. G. Ridley, Brook
lyn, and Frank B. Poliak, Jersey City. William Nelson
Cromwell, of the law firm of Sullivan & Cromwell, is quoted
as saying that he is not ready to make a statement touching
the plans of the new company, bat that the intention is to
have it unite the interests of nearly all the street-car build
ers of the United States.
Dallas (T ex .) Consolidated E lectric Street Ry.—Sold.—
President C. H. Alexander on March 21 authorized the fo l
lowing announcement:
T h e D a lla s C o n s o li d a t e d E l e o t r io S t r e e t R a i l w a y p l a n t , f r a n c h i s e s ,
e t c ., w e r e s o l d t o - d a y t o a s y n d i c a t e o f I o w a c a p i t a li s t s o n a b a s is e f
$ 3 0 0 ,0 0 0 . T h e n e w o w n e r s w i l l t a k e p o s s e s s i o n o f th e p r o p e r t y t o
m o r r o w m o r n in g . T h e y a r e : G . V o n G in k e l, T . M . E a r l a n d I . H .
B o u s q u e t o f D e s M o in e s .— V . 6 7 , p . 1 7 6 .
Federal Sewer Pipe Co.—Sewer Pipe Consolidation.—
The consolidation of the leading manufacturers of clay
sewer pipe, firebrick chimney top3 and linings, and similar
products, has been definitely arranged by Attorneys J ohn R.
Dos Passos and Leopold Wallach, and will take place under
the title of the Federal Sewer Pipe Co., with a capital of
$25,000,000, half of which to be 7 per cent preferred. Of
each class |of stock, $10,750,000 is to be issued at present.
More than 80 per cent of the underwriting has been taken
by those engaged in the industry. Simon Borg & Co. and
P. J. Goodhart & Co. of New York and Cincinnati, it is
stated, have charge of the financial end of the consolida
tion.—V . 68, p. 426.
Galveston City RR.—Sale Sept. 5.—The foreclosure sale
under the first mortgage has been set for Sept. 5, the upset
price to be $500,000. Tne priority of tne city's claim will be
determined by t ie Court after the sale of the property.—Y.
65, p. 728.
Galveston Laporte & Houston RR. — Purchase Com
pleted.—A. press despatch on Wednesday from Galveston
says that T. J. Smith has completed the purchase of this
road by paying th9 final $375,000 of the $425,000 bid by him
at the receiver’s sale on Oct. 6, 1898. The presence of C. P.
Huntington in Galveston has revived the rumor that the
Southern Pacific is the real purchaser.—Y. 67, p. 955.
Herrlng-Hall-Marvin Co.—Safe Consolidation.—Negotia
tions Pending.—Twelve of the fourteen leading manufactur
ers of safes, it is understood, have agreed to a consolidation,
the consolidated company to issue $10,000,000 common and
$7,000,000 preferred stock. The manufacturers will retain a
large part of their securities of the new company, and only
about $3,000,000 will need to be underwritten, $1,000,000 of
which will he for cash capital. The underwriters will re
ceive for each $1,000 subscribed $1,000 in preferred stock
and $1,000 in common stock. The stockholders of the reor
ganized Herring-Hall Marvin Safe Manufacturing Co. will
be allowed to exchange their securities for the securities of
the new company on certain terms.—V. 68, p. 232.
Indiana & Illin ois Southern Ry.—St. Louis Indianapolis
& Eastern R R .—Illin o is Central RR.— Possession Surren
dered.—A press dispatch says that the formal transfer of
the St. Louis Indianapolis & Eastern RR. [better known by
its former name, the Indiana & Illinois Southern Ry.] to the
Illinois C intral occurred March 25. The road is 90 miles
long, and extends from Effingham, 111., to Switz City.,
Ind. A representative of the Illinois Central has been sta
tioned at Sullivan, Ind.—V. 68, p. 331.
Indianapolis Street Ry. — Prospectus.— The new pros
pectus, it is understood, provides that the present stock ($5,000,090) shall be retired, and that there shall be issued 4 per
cent bonds and stock to cover same. The present bonded in
debtedness, which will remain undisturbed, is shown in onr
Street R ailw ay Supplement. The prospectus printed last
week was one submitted to the public by Verner & McKee
in about 1892, when they bought the company from the
former Chicago stockholders. There has not been a mile of
[V oL .iiX vm .
road operated by horses or mules in Indianapolis for several
years.—V. 63, p. 571.
International Steam Pump Co.—Incorporated.—This
company filed articles of incorporation on March 24 in the
County Clerk’s office at Jersey City. Tne capital stock is
$27,500,000, of which $12,500,000 is 6 per cent cu mulative
preferred. Various facts from the company’s prospectus
and the names of the proposed officers and directors ware
shown in the Chronicle o f March 11, page 473. Lehman &
Co. received subscriptions to the underwriting.—V. 63, p. 473.
Jacksonville Tampa & Key West R y.—Bonds Reported
Sold.—It is understood that the Philadelphia bondholders’
committee has arranged to sell at 50 the first-mortgage bonds
deposited with it. —Y. 68, p. 572,
Kansas City P ittsburg & G ulf Ry.—April Interest.—The
Mercantile Trust Co. will ad vance to depositing bondholders,
for account of the reorganization committee, the face of the
April 1 coupon due on that date.
Committee Enlarged.—Messrs. E. H. Harriman, George
Coppell and W . E. Glyn have been added to the Reorganiza
tion Committee. (See advertisement in another column.) It
is understood that the plan of reorganization will deal first
with the K, C. P. & G. road only and later the terminal
properties.
Port Arthur Canal Opened.—On March 25 the Port Arthur
Canal was opened, by means of which the K. C. P. & G. road
is brought in direct connection with the deep water of the
Gulf of Mexico. The canal is seven miles long and has at
present a varying depth of from 18 to 25 feet. This depth by
July 1 will be made 25 feet its entire length.—V. 68, p. 524.
Long Island RR. —Unified Mortgage.—The stockholder s
will vote April 11 upon a proposition to make a unified mort gage to secure $45,000,000 of bonds to bear interest at not
exceeding 4 per cent p9r annum, and to be payable, p rin ci
pal and interest, in fifty years in gold coin of the United
States.
President W illiam H. Baldwin, Jr., in a circular? says in
substance : 11The management believe that the time has now
come for the adoption of a permanent financial policy which
shall provide, so far as desirable, for bringing together all
the various properties, now under one general control, into
a single ownership—that of the Long Island R R, Co.—and
for a conversion of their securities, so far as practicable, into
a single security issued by the Long Island R R. Co., by
which also adequate provision will b9 made for the future
needs of the company. They have no doubt that a wise ex
penditure in the direction of permanent improvements and
betterments will largely increase the earning power of the
company. They accordingly recommend the execution oE a
mortgage of $45,000,009 of fifty-year gold bonds, to bear in
terest not to exceed 4 psr cent per annum, and to be secured
by a mortgage upon the entire property of the company.
The bonds are to be issued for the following purposes :
T o be reserved to exchan ge or retire all the existing
bonded indebted aess o f the com pan y and to aoquire the
securities o f its leased and controlled lines, and to p ro
vide fo r the liqu idation o f all existin g floating debt,
real estate m ortgages and equipm ent notes. [A ll securi
ties acquired through the use o f any part o f this tw entyeight m illions w ill he held b y the trustee o f the m ortgage
as additional secu rity ]............................................................... $28,000,000
To pay for im provem ents and additions recen tly m ade to
the property, about...............
1,000,000
F or the Im provem ent o f A tlantic A venue, as provided for
In the bills now pending before the Legislature................. 1,230,000
F or equipping the A tlanfio Avenue D ivision fo r electrical
1,250,000
operation ......................................
F or the abolition o f grade crossings under the statute ap
plying th ereto.........................................................................
1,000,000
R eserved to p ay the cost o f change o f m otive p ow er in
ease a change to electricity or other p ow er should he
deemed a d v isable.............................
8,500,000
To be issuable, together with any bonds not used for the
A tlantic Avenue im provem ent and the abolition o f grade
crossings, fo r perm anent betterm ents and im provem 'ts,
and the acquisition of additional property, at n ot e x
4,030,000
ceeding the rate o f $400,000 per annum .....................
“ The mortgage as prepared contains provisions carefully
guarding the issue of bonds, and provides for vesting with
the trustees the title to all improvements and additions as
additional security.
“ Your directors have arranged to sell on favorable terms
sufficient bonds to pay the floating debt o f the company, and
all of its real estate mortgages and equipment notes ; and to
exchange upon a favorable basis over $2,000,000 bonds for
securities of various issues now oatstanding, which will re
sult in an annual saring in interest charges to the company
of about $21,000 per annum.” —V. 68, p. 572.
Manhattan R y.—New Stock. —Of the $18,000,000 new stock
offered at par to shareholders, about 97 per cent was taken
by them and the balance by the underwriting syndicate,
Listing.—Tne New York Stock Exchange has ordered that
the additional issue o f capital stock, $18,000,000, be ad
mitted to dealings on April 3.—V. 68, p. 524.
Mexican National R R .—Payment on “ A ” Bonds.—Secre
tary Andrew Anderson, Jr., gives notice that holders of
second mortgage “ A ” bonds are entitled to a payment of
per cent on account of past-dne interest from the earnings
of 1898, which will be paid on presentation of coupons Nos.
4 and 5 at the National City Bank, 52 Wall Street, N. Y., on
and after April 20, 1899. The same amount was paid in
April, 1893, but in 1837 only 3 percent was paid, and in 1396
1% per cent. The “ A ” bonds aggregate $12,265,000 aad the
payment consequently calls for $429,275.—V. 67, p. 1110.
A p r il
1, 1899.}
THE CHKONICLE,
M etropolitan RR. o f Washington.—Columbia R y.—Offer
fo r Stock.—Frederick C. Stevens has sent ont a circular,
offering, it is said, #235 a share for Metropolitan and $150 a
share for Columbia stock, provided that the certificates be
deposited with the American Security & Trust Co. of Wash
ington by April 15. This is understood to be in accordance
with the plans of the Crosby syndicate, mentioned last week,
for a general consolidation.—V . 68, p. 573.
Milwaukee E lectric Ry. A Light Co.—B elle City E lectric
Co. o f Racine, Wis.— Milwaukee Racine * Kenosha Electric
Ry.—Purchased.—General Manager John I. Begg3 of the
Milwaukee Electric Railway & Light Company oh March 33
made the following announcement:
“ The ow ners o f the M ilwaukee Raoiue A Kenosha theatric R r . have
purchased about 90 per cent o t the stock ot the B elle City E leotrio
road and about 80 per eent o f the entire Issue o t hands o f that com
pany In pursuance o f out agreement with the ow ners o f the M il
waukee R acine Jc Kenosha property we will com m ence to operate. In
connection with the M ilwaukee Racine Jc Ken aha line, the Bella
City lines, together with that c o m p jn y 's lighting p la n ', on A pril 1.
Considerable m oney Is to be spent on the Belle City R oad by the new
owners in order to pat It in the best condition. One o f the agreem ents
we have with the ow ners la that they w ill cancel their coupons o f the
$210,000 bonds for at least two years to oome, and pay assessments
on the $200,000 stock o f from $20 to $25 per share. In order to pro
vide the $75,000 needed to pat the property la shape.” —V. 67, p. 1 2 6 ;
V. 65, y . 11X3; V. 66, p. 951.
Missouri Pacific liy.—St. Louis Iron Mountain & South
ern B y.—Texas A Pacific Ry .—Official Statement as to New
Loan and Terms o f Exchange.—President George J. Gould
of the St. Louis Iron Mountain & Southern Ry. on Monday
issued a statement regarding the proposed new loan, and the
terms of exchange for the second mortgage bonds of the
Texas & Pacific. Each $1,000 T. & F. bond, he announces,
can be exchanged for $650 in the new loan, and a syndicate
offers to purchase at 85 the new bonds received in this ex
change. The new bonds are to be a Hen on the main line,
its equipment, etc., subject only to the general consolidated
mortgage of 1*81 for the authorized amount of $45,000,000,
and will be a first Hen on the Texas & Pacific seconds and on
other securities, as also on all branches, extensions, etc.,
hereafter constructed or acquired with the proceeds of the
loan. They are to be thirty-year 4 per cent gold bonds, and
$30,000,000 of them will beigtnable, mostly at once, to retire
the Texas & Pacific seconds and certain other securities, and
about $1,636,000 will be applicable to Improvements, etc.; an
additional $10,000,000 will be issuable in the future, at not
exceeding $12,000 per mile, for the construction and equip
ment of branches and extensions.
President Gould says :
The St. Louis Iren Mountain Jc Southern Railw ay Co. b a v in s made
provision to retire Its bond* p rior In lien to Its general oonsoUdm ed
railw ay and >and grant m ortgage now proposes to create an Issue
o f $30,000,000 o ! thirty-year 4 per ce n t gold bonds, which are to be
used to fund and retire the com pan y's 5 por c e n t gold funding notes,
to retire the existing car trust eertlUoates; to acquire the outstanding
m ortgage securities o f certain com panies ow ning lines leased to the
Bt. Louis Iron Mountain <fc Southern, aggregating a m ileage o f m ore
than 310 m iles; to acquire a ll or any part o f the issue o f the second
m ortgage 5 per eent bonds o f the T exas Jc Paelflo R ailway; to make Im
provem ents, betterm ents and additions, and fo r o th er co rp o ra te pur
pose*. The above am ount o f the Issue o f new bonds m ay be Increased
by not to ex ceed $10,000,006 o f additional bonds, which w ill be re
served so that they can be Issued from time to tim e on ly for the ac
quisition or conatrom lon and equipm ent o f exten sions and branches
at a rate not exceedin g $ 1 7 /. 00 par value o f suah additional bonds
fo r each mile o f com pleted railroad constructed or acqu ired upou
which the new m ortgage shall becom e a Brat lien d lreotly o r by
pledge o f the bonds and stock representing ownership.
The new bonds are to be secured by a mortgage tsubjeet to the gen
eral consolidated mortgage) on all the railroads, terminals and equip
ment owned by the company, and covering, a# a hrst and only lien,
all stocks and bonds embraced In the trust of the gold funding note
indenture, upou satisfaction of said Indenture, and all leased and
branch line bonds and stocks for the properties on which they rest)
and all Texas A Pacific second mortgage bonds which shall be taken
up or acquired by the use of the new bonds or their proceeds, and all
betterments, Improvements, additions, extension* and branches so
constructed or acquired.
Holders o f second m ortgage bonds o f the Texas A Pacific Railw ay
Co, w h o shall, on o r before A pril 15th, 1999, d eposit their bonds, with
coupons pertaining thereto attached, with the M ercantile Trust Co.,
S o . 120 Broadway, Now York City, w ill receive therefore negotiable
certificates entitling the holders to receive prior to sep t. 1st. 1899, an
am ount o f the new bonds equal at par to 6> per cent o f the par
am ount o f th<- deposit- d bonds, the new bonds to bear Interest from
Ju ly 1st, 1899. Depositor* have the privilege at the time o f depostting their bonds to elect to sell to a syndicate at 85 per cent o f their
par value in cash the new bonds which they will be entitled to receive,
suoh price to be payable at the m fio e o f the M ercan tile T rust Co., at
the time o f the Issue o f the new bonds. Bonds not deposited on or
before April 15th, 189 *. w ill be received (If at all) only Upon such
terms and conditions as the railw ay com pany hereafter m ay fix. It la
expected that the ne w hoods will be Issued and delivered against the
certificates o f d eposltd u rln g the first week o f July.
Of the $30,000,000 new 4s there are reserved $16,250,000 ‘ o
retire the entire issue of Texas & Pacific- seconds, while
$12,114,000 are to be applied to the retirement!, at or before
maturity, of the other bonds referred to in the above notice,
leaving, as already stated, $1,636,000 available for improve
ments, etc. The “ other bonds" so to be retired include the
following, which are to be replaced at once by the new 4s,
dollar for dollar, v iz,: gold funding notes, subject to call at
par, $3,952,000, awl Kansas & Arkansas Valley first 5s.
$3,412,000. and also the following, aggregating $3,914,000,
for the retirement of which $4,750,000 o f the new is are re
served, awl will eventually be applied, viz ; Little Rock &
Fort Smith bonds and funded coupon Is. due Jan. 1, 1905,
$2,596,000; Little Rock Junction first 6s, due April 1, 1910,
$435,000; car trusts. 46*3,000: Baring Cross Bridge bonds,
$200,000. Of the $t,636J 00 available for improvements,
$1,000,000 will be issued at once.—V. 67, p, 572, 573,
Muscatine (la .) E lectric Ry.—8<ild A press dispatch
says that this property, comprising the street railway, elec
619
tric Ught and gas plants of the city, has been sold to Harry
W . Huttig, General Manager of the Huttig Bros. Manu
facturing Co.—V. 67, p. 480.
National Gramophone Co.—American Graphophone Co.
—Incorporated in New Fori-.—The National Gramophone
Company, having its principal office in Yonkers, was in
corporated at Albany on March 10, with authorized capital
stock of $800,006, to manufacture machines for recording
and reproducing sound. The directors are Charles B. Seabnry, Francis E. Barrows, W. A. S. Clarke, Emil Modick,
William T. Hepper, William F. Steller and David Jennings,
of New York City. The new company will succeed to the
business o f the old National Gramophone Co, There are
no bonds outstanding.
Decision.— Che United States Court of Appeals recently
handed down a decision in the case of the American Graphophone Co. against the National Gramophone Co., which de
cision was favorable to the latter company. As to this
decision, O. D. La Dow, Secretary of the old National
Gramophone Co., said;
T h e d e c i s i o n la a d e c i s i v e v i c t o r y f o r t h e g r a m o p h o n e . T h e m a i n
f a c t w h ic h le d to th e lit ig a t io n w a s th a t th e m a n u fa c tu r e r s o f e e r ta tu
t a l k i n g m a c h i n e s w h lo h u s e d w a x c y l i n d e r s s o u g h t , b y a c la u s e i n a u
o p i n i o n In a c a s e w o n b y t h e m o v e r a p a r t y u s i n g t h e i r o w n p r o c e s s ,
t o a c q u i r e f o r t h e ir o w n u s e t h e a d v a n t a g e s p e c u l i a r t o o u r r e c o r d s .
I n t h is a t t e m p t t h e y u n d e r t o o k t o r e a d i n t o t h e d e c i s i o n o f t h e f o r m e r
e a s e a n i n t e r p r e t a t i o n w h ic h t h e r io u r t o f A p p e a l s h a s r e f u s e d t o e n
t e r t a in . T h e u s e o f “ t h e u n i v e r s a l J o in t ” is a ls o a l l o w e d t h e G r a m o
p h o n e C o m p a n y , a lth o u g h w e c o n s id e r th a t o f s e c o n d a r y im p o r ta n c e .
T h e e h i e f f e a t u r e o f th e d e c i s i o n i s t h a t th e p r o o e s s o t m a k i n g s o u n d
r e c o r d s u p o n B a t, h a r d , i n d e s t r u c t i b l e d i s k s r e m a in s In t h e e n t i r e c o n
t r o l a n d s o le o w n e r s h ip o f th e G r a m o p h o n e C o m p a n y .
The American Gramophone Co. has capital stock to the
amount of $1,200,006 common and $860,000 preferred listed on
the Washihgton Stock Exchange.—V. 67, p. 72.
National Steel Co.—On Unlisted.—The company's $32,000,000 common and $26,000,000 of its $27,000,000 preferred
stock have been admitted to dealings in the unlisted depart
ment of the New York Stock Exchange.—V. 68, p. 429.
National Woolen Co.—New Consolidation Pending. Ar
rangements are being made by Brown & Adams, o f Boston,
to unite under this title, as a companion company to the
American Woolen Co. (operating woolen mills exclusively],
various concerns producing cheviots, cassimeres, cloakings,
overcoatings, and other products o f carded wool.
Newbnrrport (Mass.) A- Amesbury Street Ry .—Slid.—
This property was sold at auction at Newburvport, Mass.,
March 28, for $190,000 to E. P. Shaw.—V. 67. p.'690.
Norfolk A Atlantic Terminal Co. —Mortgage fo r $300,000.
—The company has filed a mortgage to the Maryland Trust
Co, as trustee to secure $500,000 5 p. c. 30-year gold bonds.
D. Lo wen burg is President of the Terminal Company, which,
it is stated, has made a contract for the construction of an
electric street railway from Norfolk to Sewell’s Point, Va.
Norfolk A Western Ry,—$3,000,000 Bonds Sold.—Kuhn,
Loeb & C ). have purchased $5,000,000 of the company’s
first consolidated mortgage 4 per cent gold bonds, o f which
$1,500,000 are to be used for betterments, double-tracking
and additional rolling stock, and the remainder to take up
the underlying bonds which mature up to July 1, 1900. The
first consol, bonds, besides being a Hen upon the entire rail
road property, subject to previous mortgages, are a first lien
on about 833 miles of railroads, upon the terminals near Nor
folk, upon the Roanoke Machine Works, and upon a large
amount of valuable securities. This sale causes no increase
in the company’s fixed charges.—V. 83, p. 233.
North Shore Traction Co.—Lynn & Boston R R .—Sale o f
Assets—Dissolution. —A special meeting of the stockholders
of the North Shore Traction Co. will be held on April 11 for
the purpose of authorizing the directors to sell all the assets
and interest of the company in the Lynn & Boston RR. and
all other assets. Another meeting will be held April 28 to
authorize the dissolution of the North Shore Traction Co,—
V. 68, p. 279,
Peoria Decatur & Evansville Ry.—Interest.—The first
mortgage bondholders’ committee, Mr. Walston H, Brown,
Chairman, notifies holders o f Central Trust Co. certificates o f
deposit for first mortgage bonds of both divisions, that six
months'interest at the rate of 5 per cent per annum will be
advanced to the holders of the above-named certificates on
presentation of the same at ths office of the Central Trust
Co. on and after April 1st, 1899.—V. 68, p, 475.
Rapid Transit in New York c ity — M etropolitan Street
Ry .—Offer to Build Tunnel Railway.—At a meeting of the
Rapid Transit Commission on Monday Mayor Van W yck
and CoraptroUer Coler being present, a final proposition was
received from friends o f the Metropolitan Street Railway
Co. to build the tunnel road, the line to be leased when com
pleted to the Metropolitan Street Railway Co. at a rental of
5 per cent on actual cost. The scheme provides that the
tunnel shall be built on the plan of the Commission (see V.
64, p. 84, 135, and V. 65, p. 925), and that work on that first
section from City Hall to Fort George shall be begun within
three months after the right is acquired, and shall be com
pleted within three years from the beginning. The second
section is to be built within two years after the first has
demonstrated its capacity to earn for the tunnel company 5
per cent on the actual cost of construction and equipment.
The tunnel is to form part of the general system o f the
Metropolitan Company, and passengers on the surface lines
are to be transferred to the tunnel and vice versa, on pay
62 0
THE
C H R O N IC L E .
ment of 3 cents extra fare, which is considered equivalent
to furnishing the transferred passengers with the additional
transportation at cost. Moreover, it is proposed to ran part
of he surface cars at certain points into the tunnel to re
move the congestion on the surface lines and to facilitate
transit between points on the East and West Sides and the
City Hall, thus (>) 34th Street Perry, Lexington Avenue
and Second Avenue cars would enter at 32d Street; (2) Madi
son Avenue cars at 42d Street; (3) 8th Avenue and 59th
Street crosstown cars at 59th Street, and (4) Columbus Avenue
and Boulevard and Amsterdam Avenue cars at 55th Street.
Provision is also made for express trains on separate tracks,
the fare on such trains to be 10 cents, with free transfer
to surface cars or local tunnel trains. The company will
pay the city an annual toll equal to 5 per cent on the gross
receipts of the new road; but this amount is to be paid only
in so far as earned after meeting all operating expenses,
taxes, and the 5 per cent to the tunnel company on the cost
of its property.
Accompanying the proposition was a memorandum stat
ing that the directors of the Metropolitan Street Railway
Co. approved the offer, and reciting seven considerations on
account of which the Metropolitan S'reet Railway, unlike
others, is able to undertake the project to advantage.
Mr. Orr also made a statement favorable to the proposition.
The Commission by a unanimous vote directed its counsel
to prepare amendments to the Rapid Tansit law, which, with
a formal memorial, were sent to Albany on Thursday. The
experts in the employ of this company estimate the cost of
the tunnel at about $50,000,OCO. The intention is said to be
to lay six tracks, at least in some portions of the tunnel.
A long franchise is considered essential if the plan is to be
carried out, and one of the stipulations made is that the road
shall be leased “ in perpetuity, or for a term practically
equivalent thereto,” to the Metropolitan Street Ry. Co. The
proposition will be published in full in this column next
week.—V. 68, p. 188, 429.
Seaboard & Roanoke RR.— Seaboard Ry .— Ryan Suit
Withdrawn.—Thomas F. Ryan, who, as owner of about onefourth of the company’s capital stock, has long been endeav
oring in the courts to get control of a majority of the shares
to which he alleged he was entitled, under a certain agree
ment (see V. 63, p. 924). has notified his counsel, D. Lawrence
Groner to withdraw all pending suits. Mr. Ryan is quoted
as saying that he is convinced that under the new manage
ment the former abuses will be rectified, and that he does
not wish to embarrass the Williams syndicate, which re
cently acquired control of the Seaboard system. It seems
probable that a new company, to be known as the Seaboard
Railway Co., will be organized to finance by means of a col
lateral trust loan the recent stock purchases o f the Williams
syndicate.—V, 68, p. 421.
Southern E lectric Ry. o f St. Louis.—National Railway.
—Consolidation Authorized. — Mayor Ziegenhein of St.
Louis has signed the bill providing for the consolidation of
these companies and for the changing of the motive power of
the Broadway line from cable to electricity.—V. 67, p.
1207, 1263.
Southern Railway.—Extension,—President Samuel Spen
cer said on Taesday: “ The company has had under con
sideration for some time the desirability of reaching Savan
nah by its own lines, and th s seems to be an opportune time
for doing so. Orders have been given therefore for surveys
both from Columbia, S. C., and from Augusta, Gtx., in order
to determine upon the most advantageous route. There is
no intention at present of going beyond Savannah.—V. 68, p.
429
Springfield (Mass.) Breweries Co. — Consolidation.—
Robert A. Knight, of Springfield, one of the promoters says:
Tlie new com pany w ill Inolude the present Spring-field Brewing 6o.,
the Consumers’ Co. and the Hampden Co. It will have a capitaliza
tion, aotual issue, o f $2,400,000, o f whioh $750,000 will he 8 per
oent cum ulative preferred stook, $700,000 com m on stook, and $950 000 0 per cent 20-year honda. retirable after 10 years at 5 per cent
p r e m iu m . The securities are all underwritten, and it is expeoted
that the whole m atter will be closed up within tho n e x t three weeks.
The bankers agree to place In the treasury $50,000 In oash, in ad
dition to the oash and other quick assets o f the three com panies.
Ou March 28 the Highland Brewery was also acquired.
SI undard D istilling & Distributing Co. —New Directors.—
S. M. Rice, President of the American Spirits Manufactur
ing Co., and Edson Bradley, Chairman o f the Board of Di
rectors of the Kentucky Distilleries & Warehouse Co., were
on Thursday elected directors of the Standard Distilling &
Distributing Co. Mr. Rice was also elected First VicePresident and Mr. Bradley a member of the Executive Com
mittee. This action is supposed to be in line with the plan
for the common control of the various spirits and whisky
companies of the country.—V. 68, p. 86,
United Fruit Co.—Incorporated.—This company, with an
authorized capital of $20,000,000, filed articles of incorpor
ation at Trenton, N. J,, on March 31. The incorporators are
Kenneth K. McLaren, William H. Brearley and H. W.
Mean, all of Jersey City.
United Railways & Electric Co. of Baltimore.—Income
Bonds Authorized.—The directors on Thursday authorized
“ }e j,98,?e of “ “ t W income bonds to the amount of $14,009,000, to be issued dollar for dollar in place of the $14,000 000 of preferred stock. These bonds bear 4 per cent interest,
cumulative, payable semi-annually, June and December, out
o f any net earnings remaining after payments of taxes,
vol.
Lxvm .
operating expenses, necessary repairs and maintenance, and
the interest on the prior bonded indebtedness.—V. 68, p. 574.
United States Cast Iron Pipe & Foundry Co.—Officers.—
Or Monday the following were elected:
D ir e c to r s . —C o l g a t e H o y t , A . C. O v e r b o l t , B . T. O v e r l i o lt , L . R . L e ik o in e , G e o r g * B . H a y e s , C . E . B u r g e , E O. F u ll e r W . C
P ro cto r, B.
F. H a u g h t o n , G e o r g e J . L o n g , A. F . C a lla h a n a n d F . C. M ille r .
O ff ic e r s .- P r e s i d e n t , A . C . O v e r h o lt ; V i c e - P r e s id e n t s , A . F , C a lla h a n
a n d 'C o l g a t e H o y t ; S e c r e t a r y , B. F . H a u g h t o n ; T r o t s u r e r , G e o r g e B .
H a yes. - V . 68, p. 430.
United States M ortg a g e* Trust Co.— The New York
Stock Exchange has listed the company’s new issue of 5 20
year real estate first mortgage collateral trust 4 per cent gold
bonds, $1,000,000 Series I.—V. 68, p. 189.
Union Station Ry. o f Buffalo.—Proposed Station.—Lewis
Stockton, one of the directors says:
“ T h e c o m p a n y is f o r m e d f o r t h o p u r p o s e o f o b t a i n i n g f o r t h e C it y
o f B u ffa lo a m o d e r n u n i o n s t a t i o n i n t im e f o r t h e P a n - A m e r i c a n E x p o
s i t i o n . T h e c o m p a n y p r o p o s e s t o b u i l d a p l a n t t o c o s t $ 1 ,5 0 0 ,0 0 0 , e x
c l u s i v e o f la u d a n d e l e v a t e d s t r u c t u r e f o r t r a o k s .
T h e dem an d fo r a
u n i o n s t a t i o n o f a d e q u a t e s i z e Is o n e o f l o n g s t a n d i n g . ” —V . 6 8 , p . 5 2 5 .
United Zinc & Lead Co.—Zinc & Lead Consolidation.—
Incorporated.—This company, with $6,000,0 0 of authorized
capital stock in $25 shares (of which $1,000,000 is to be 8 per
cent preferred), filed articles of incorporation at Trenton, N.
J.. on March 29. The incorporators are Franklin Plater,
Washington; F. B. Tibbitts, Boston, and Samuel Wandell,
New York. The company, it is stated, has acquired the
Get There Mines, at Webb City, Mo.; the Chitwood Holley,
at Joplin, Mo., etc.
United E lectric Co. o f New Jersey—People’ s L ight *
Power Co.—Deposits—New Securities.—The Fidelity Trust
Company of Newark his issued a circular containing the
terms on which the United Gas Improvement Co. will pu r
chase the People’s stock. The circular states that the
United Electric Company of New Jersey has been incorpor
ated with a capital of $20,000,000 and an authorized issue of
$20,000,000 of fifty year 4 per cent gold collateral trust bonds,
a portion of which will be issued in exchange for People’s
stock on the following terms :
T h e h o ld e r o f e a c h $ 1 ,0 0 0 o f th e s t o c k o f t h e P e o p le ’ s C o m p a n y w ill
r e c e i v e $ 1 ,7 5 0 i u t h e a b o v e - m e n t i o n e d b o n d s u p o n t h e s u r r e n d e r b y
h im o f h i s c e r t i f ic a t e o f s t o o k a n d t h e p a y m e n t b y h im o f $ 2 0 0 I n o a s h ,
w h ic h p a y m e n t w il l b e d u e a n d p a y a b l e a b o u t M a y 3 1 , 1 8 9 9 .
The circular adds that the gas company has executed a
contract with the Fidelity Company guaranteeing the pay
ment of the interest on the United Electric Company’s bonds
for five years, and will turn into the treasury of that com
pany all of the 20 per cent cash payments by stockholders.
The gas company will sell stock of the new company to
the stockholders of the People’s who pay the 30 per cent
cash, to the amount of 25 per cent of their holdings of Peo
ple’s stock, at the rate of $30 per share of $100 par value. The
People’s stock must be surrendered by April 15. Tue bonds
of the new company will be ready for delivery on June 1
next, and the new stock must be paid for on or before May
14. See further particulars in Chronicle o f March 11, p. 476.
The capital stock of the People’s Company has been in
creased to $5,500,000, holders o f March 6 having had the op
tion to subscribe to the new issue of $500,000 at par, viz,, $10
per share.—V . 63, p. 476.
West V irginia & P ittsburg RR. — Interest Paym ent.—
O wing to delay in perfecting the arrangement outlined in
their circular of Feb. 2, 1899, Brown, Shipley & Co. have
arranged to advance to the holders of their certificates of
deposit representing first mortgage 5s due 1990 an amount
in cash equivalent at face value to the coupons falling due
April 1, 1898. Ootober 1, 1898, and April 1, 1899, with inter
est on the overdue coupons at the rate of 5 per cent per
annum (at the rate o f 49!^ pence per dollar). Holders of
certificates may receive such cash payment, on and after
April 1, 1899, on presentation of said certificates, which
must be left three clear days for examination, and to be
stamped either at the office of Brown, Shipley & Co., in
London, or at the office of Brown Bros. & Co., 59 Wall St.,
New Y o r k .-V . 63, p. 87.
W ilm ington & Chester Traction C o.—Securities Listed in
Philadelphia. —The company’s $2,001,00!) capital stock and
$1,705,000 collateral trnit gold 5s (authorized issue $4,000,000) have been listed on the Philadelphia Exchange.
—The facts regarding the pending consolidation of the
leading brewery companies of Pittsburg were given in onr
issue of Feb. 25, page 331. The consolidation, it is stated,
has been successfully consummated, George B. Hill & Co.
being the bankers who conducted the negotiations. The new
company is kaown as the Pittsburg Brewing Co.
—Messrs. F, J. Lisman & Co. advertise on page x the
•lames of a number of inactive steam railroad stocks in
which they are prepared to trade. This firm makes a spec
ialty o f dealing in all inaotive steam railroad stocks and
bonds.
—It is announced that the $1,962,000 St. Louis & San Fran
cisco Central Division first mortgage 4 per cent gold bonds
iffered by Redmond, Kerr & Co. were largely oversub
scribed.
—Messrs. N. W . Harris & Co. announce that the bonds of
the Edison Electric Co. of New Orleans, recently offered,
were largely over-subscribed.
THE CHRONICLE
A pril 1, 1899, J
departs and Bocuweuts.
P I T T S B U R G H C I N C I N N A T I C H I C A G O & ST.
LOUIS RA LWA Y C O M P A N Y .
J I n i n . o f w a y i fc s t r n o ..
M a i n t e n a n c e o f e q u ip .
C on d u ct, tru n sp ort’ n ..
G e n e r a l e x p e n s e s .........
T a x e s ...................................
E xpen ses.
1898.
1897.
$ 2 ,1 7 2 ,3 9 1 3 2
$ 1 ,6 3 6 ,1 1 0 18
2 ,2 0 4 ,0 1 6 5 0
1 ,9 6 2 ,3 4 8 6 5
6 ,1 9 3 9 8 7 2 8
5 ,7 1 6 ,4 4 0 3 5
2 9 2 ,6 1 9 8 3
3 7 7 ,5 5 0 3 0
7 2 1 ,8 7 1 6 3
6 9 2 ,4 4 5 7 6
T o t a l s .......................... $ 1 1 ,5 9 2 ,8 8 9 5 6
R a t i o o f e x p . t o e a r n s . 7 1 4 0 p e r d t.
$ 1 0 ,2 8 4 ,8 9 5 2 4
6 7 -9 1 p e r o t .
In crea se.
$ 5 3 6 ,2 8 1 1 4
2 4 1 ,6 6 7 8 5
4 8 2 ,5 4 6 9 3
1 5 ,0 6 9 5 3
3 2 ,4 2 8 8 7
$ 1 ,3 0 7 ,9 9 4 3 2
3 '4 9 p e r e t .
IN C O M E A C C O U N T F O R T H E Y E A R E N D IN G D E C . 31S T , 189 8.
G r o s s e a r n i n g s ..............$ 1 6 ,2 3 6 ,9 7 9
O p e r a t in g e x p e n s e s 1 1 ,5 9 2 ,8 8 9 5 6
30
.
NINTH ANNUAL R EP O R T -F O R THE YEAR ENDING
DECEMBER 31, 1898.
621
P ittsburgh, Pa ., April lltb , 1899.
The Directors submit to the stockholders o f the Company
the follow ing statements o f the operations o f their road and
of the other roads in which you are interested for the year
ending December 31st, 1898, showing the physical condition
of these properties and the financial condition o f your Com
pany at that date.
O P E R ATIN G RESULTS OF A LL TH E LIN E 3 FOR THE Y E A R
ENDING DECEMBER 313T. 1898.
EARNINGS,
From freight ttafflo ................................... 813.311,819 09
“
“
"
express trallio............ ..... ............... .
transportation o f m a fia .................
p a s s e n g e r t r a f f i c ......... ..............................
4 ,5 8 8 ,2 4 3 2 7
"
“
m is c e l la n e o u s s o u r c e s ...........................
r e n t s ............ ..................................................
2 0 7 ,5 8 3 8 7
1 8 5 .7 4 4 7 0
545.187 39
844,029 58
21
87
85
63
84
1 4 ,1 4 7 .1 4 1 4 0
N e t o p - r a t i n g r e s u l t s ............................................... ......................$ 5 , 3 3 2 , 4 3 6 4 8
T h e g r o s s e a r n i n g * f r >m t h e o p e r a t i o n s o f t h e P it t s
b u r g h C i n c i n n a t i C h ic a g o A S t, L o u is R a i l w a y C o m
p a n y a n d ro a d s c o n t r o lle d b y it f o r th e y e a r e n d in g
D e c e m b e r 3 t s t , 1 8 9 8 , w e r e ..........................................................$ 1 9 ,6 7 9 ,3 7 7 8 8
A n d f o r th e p r e v i o u s y e a r ................................................ . . . ____ 1 8 ,3 5 2 ,4 9 1 3 7
S h o w i n g a n I n c r e a s e in g r o s s e a r n i n g s o f . ...................
f 1 .3 2 7 ,0 3 6 5 1
T h e e x p e n s e s f o r t h e s a m e p e r i o d w e r e . . ............................... $ 1 4 ,1 4 7 ,1 4 1 4 0
A n d f o r t h e p r e r l o u s y e a r ................. ................. ........................... 1 2 , 0 5 7 , 3 7 2 2 3
S h o w i n g a n i n c r e a s e In e x p e n s e s o f . , . . . ................. . . .
$ 1 , 4 8 9 , 7 6 9 17
T h e n e t o p e r a t i n g r e s e l l s f o r t h e s a m e p e r i o d w e r e ........ $ 3 , 5 3 2 , 4 3 0 4 8
A n d f o r th e p r e v i o u s y e a r , ........ .................. ....................................
8 , 8 9 5 .1 1 9 14
S h o w i n g a d e c r e a s e o f . . . . , ............... ................................
$ 1 6 2 ,6 8 2 6 6
O p e r a t in g R e su l t s o r E a ch L i s e .
LcnafA
S it
Rip in t, ,
In Mil,,. E arn loot.
liftW II.
P u u tm r g C incinnati C h icago
1.001*54 #10.23*070 30 # 11 /91.* 80 48 #4,844,0*0 74
1.977.104 19
i.55 0 .4 *«0 7
417.710*3
O h io C on n ectin g Rail w a y . .
3-27
114.773 80
##.700 30
S’ .00*5 0
cjbartlers R a ilw a y ..,,...............
tfS-lS
SOI.638 33
361*177 38
100.43099
P ittsb u rg W h e e lin g A K a n 2*04
174,«03 **5
t n r k r (U n rea d .
........ . ..
J08.127 20
2*3.031 32
ra>
E n g lew ood C on n ectin g R y . . .
12,343 84
29,98* 27
!«*4y# <3
W ayn e*b u r* A W ash in gton
Railroad. ..
......
tb lS
ea .cm 3*
45,19964
17.* 81 70
P ittsbu rg Chart l*r* A Y o u s h logh rfiT H allw ay .....................I 13*74
i e i.s e ? m
ee.d63 04
044414 02
'O o c '.iin s tl A M uskingum Val
401.077 r i
<02.365 h«
14**45
80.711 70
IM IT Q 110,070,5?7 tw |ll.lt7 111 to $3.«.« 436 tfl
•Tlte C incinnati A Muskingum Valley Railway was pu rch ased b y y ou r C o m o a » y . and operated as the Ctneinnad A Muskingum Vrll.'T Railroad from
August 1 st t o lie.wu.lwtr 31st. not the 8gu*e« for the whole year a re Included
for the pnrpos** o f cotn p sn son .
P IT T S B U R G H C IN C IN N A T I C H IC A G O
A
ST . L O U IS
R A IL W A Y
This line extends from Pittsburgh, Pa., to Columbus,
Ohio, with a branch to Cadiz, Ohio, and the New Cumber
land Branch and the Bridgeville and McDonald Branch;
and from Columbus, Ohio, to Jeffersonville and New Albany,
I n d . , via Indianapolis, and from Cambridge City. Ind., via
Columbus, Ind., to Madison, Ind.; and from Bradford June
tion, Ohio, via Logansport, Ind., to State Line between
Indiana and Illinois, and to Chicago; also from Rendcomb
Junction, on the Little Miami Rairoad, near Cincinnati.
Ohio, to Logansport, Ind., via Hamilton, Ohio, Richmond.
Ind,, anil Anoka Junction, Ind.
M a in L in o ( in c l u d i n g S t e u b e n v il l e E x t e n s i o n P e n n s y l
v a n i a a » U r o » d , 1 - 2 3 m i l e s . . . . ...........................
B r a n c h e s ................ ................................................... ....................
L i n e u s e d j o i n t l y w it h o t h e r c o m p a n i e s ___ . . . . . 1 . . . . . . .
T ota l
9 4 3 ’ 11 m ile s .
14813
••
5917
“
1 ,1 5 1 01 m ile s .
E a r n in g s .
F r e ig h t-
1898.
...................$ 1 1 ,2 4 7 ,5 4 5 6 8
E x p ress
M a lls .
..................
it e n t o f r a i lw a y ,A c .
O t h e r r e n t * ...............
M is c e l la n e o u s ..........
4 5 9 ,5 1 8 6 4
6 8 3 ,1 7 7 6 5
2 9 .2 3 6 8 0
3 2 ,3 4 0 0 7
1 8 9 ,7 3 9 7 6
1897.
$ 1 0 ,6 0 7 ,7 6 1
3 .2 2 * 1 .7 7 0
4 2 8 ,7 2 5
6 5 9 .8 0 2
4 0 .3 4 3
3 4 ,9 7 4
1 4 4 ,1 1 6
.........................................................$ 4 ,6 9 0 , 7 9 2 2 0
$ 6 8 ,5 4 8 6 4
2 4 ,1 0 9 2 8
4 ,9 9 6 2 0
22,200 00
----------------------- $ 1 1 9 ,8 5 4 1 2
KXFKXSM.
T o t a l e x p e n s e s .......................... ................................................
G r o s s i n c m e . .......................
D ed u ct:
R e n t o f S t e u b e n v il l e E x t e n .
R e n t o f L a k e E r ie A W e s t
e r n R a il r o a d b e t w e e n I n
d i a n a p o li s a n d K o k o m o . .
R e n t o f C i n c i n n a t i H a m ilt o n
A D a y t o n R 'w a y b e t w e e n
H a m il t o n a n d N e w R i v e r
.............. ...................
R e n t o f L i t t l e M ia m i R a il
r o a d b e t w e e n R e n d o o iu b
J u n c t i o n a n d C i n c i n n a t i ..
In t e r e s t
T o t a l e a r n i n g s ..................................................................................8 1 9 ,6 7 9 ,5 7 7 8 8
F o r m a i n t e n a n c e o f w a y a n d s t r u c t u r e * . . $ 2 ,8 2 9 , 7 9 6
" m a i n t e n a n c e o f e q u i p m e n t ......... ........... 2 5 3 9 , 3 m
" c o n d u c t i n g t r a n s p o r t a t i o n ..................... . 7 , 5 2 » ,7 3 f l
•* g e n e r a l e x p e n s e * ...................................... ..
3 5 2 ,1 5 3
•• t a x e s ........ ................... .........................................
8 4 0 ,0 7 2
N e t r e s u l t s f r o m o p e r a t i o n ................................. $ 4 ,6 -1 4 ,0 8 9 7 4
A d d i n t e r e s t , g e n ’l a o c o u n t .
$ 4 ,1 3 8 5 6
A d d d iv id e n d s a n d in te re s t
o n s e c u r i t i e s .. ............
4 2 ,5 6 3
90
---------------------------4 6 ,7 0 2 4 6
os
B onds :
Pittsburgh Cincinnuti Chi
cago A St. Louis R ail
way consolidated m ort
gage bond*, series " A ” . . .
Pittsburgh Cincinnati Chi
cago A St. Louts R ailway
consolidated m o r t g a g e
bonds, series " B ” ...............
Pittsburgh Cincinnati Chi
cago A st. Louis R ailw ay
consolidated m o r t g a g e
bonds, s e r i e s " C ..........
Pittsburgh Cincinnati Chi
cago A St. Louis Railway
consolidated m o r t g a g e
bonds, series ' D” ..........
Pittsburgh Cincinnati & 8t.
Louis Railway first c o n
solidated m ortgage bonds
SteubenvUle A Indiana RB.
limit m ortgage registered
nond* (extended,...............
$ 4 5 0 ,0 0 0 0 0
4 5 0 .0 0 0 0 0
9 0 ,0 0 0
00
2 4 0 .0 0 0 0 0
4 8 0 ,4 1 0 0 0
1 5 0 .0 0 0 0 0
C h ic a g o S t L o u is A P i t t s
b u r g h H R . c o n s o lid a te d
m ortgage b on d s................
Union A Logansport Rail
road first m ortgage bonds.
Columbus A Indianapolis
Central Railway
first
rnort. b o n d s ____. . . . . . . . .
Columbus A Indianapolis
Central Railway 2d m ort
gage b o n d s ...................... . .
JclT-rsonviUe Madison A
Indianapolis Railroad 1st
m ortgage bonds ______ . . .
Jeffersonville Madison A
Indianapolis Railroad 2d
mortgage bon d*........... .
7 5 , 3 0 0 OO
5 0 ,0 5 0 0 0
1 8 4 ,1 7 0 0 0
5 4 ,6 0 0 0 0
1 2 3 ,3 4 0 0 0
1 3 9 ,6 5 0 0 0
In te re s t o n m o r g a g e * a n d g ro u n d re n ts
In te re st an d oth e r p a y m en ts o n C a r T ru st
c a r s ............................................................ .................
L o s s in o p e r a t i n g t h e U t i l e M ia m i R R ___
P r o p o r t i o n o f lo s s In o p e r a t i o n s o f t h e
L o u sviUe B r id g e C o m p a n y .........................
F i v e - s e v e n t h * o f l o s s in o m -r a t l n g th e 8 t .
L o u t s V e n d » l!a A T e r r a H a u t e R a il r o a d .
A d v a n c e s t o C in c in n a ti R ic h m o n d A F o r t
W a y n e R a il r o a d C o m p a n y ..............................
E x t r a o r d i n a r y e x p e n d i t u r e s in r e v i s i n g
g r a d e s a n d a l ig n m e n t a n d o t h e r o u t l a y s
n o t p r o p e r ly c h a r g e a b le
to
c a . ita l
a c c o u n t ..................................................................... ..
A m o u n t tra n s fe rre d to E x tr a o r d in a r y E x : . ..- in u r e F u n d t o c o m p l e t e w o r k b e g u n
In 1 8 9 8 , a n d o t h e r e x t r a o r d i n a r y o u t l a y ,
A m o u n t p a i d In s e t t le m e n t a n d a d j u s t m e n t
o f s u n d r y a c c o u n t s .......... ....................................
2 , 4 6 7 ,5 2 0 0 0
9 , 0 0 0 00
3 2 ,8 1 5 8 9
2 2 2 ,2 2 4 9 4
1 5 ,2 9 1 0 4
1 3 ,4 5 0 8 3
1 4 ,1 0 4 5 8
2 2 2 ,7 2 1 9 9
2 0 0 ,0 0 0 0 0
1 8 7 ,8 0 1 8 6
-------------------------- 3 ,5 2 4 ,7 8 5 2 5
A m o u n t t r a n s f e r r e d t o c r e d i t o f p r o f it a n d l o s s ...... ..........$ 1 ,1 6 8 , 0 0 6 9 5
A d d a m o u n t t o c r e d i t o f p r o f it a n d l o s s D e c . 3 1 s t , 1 8 9 7 .. :,8 5 2 ,8 3 3 5 2
$ 3 ,0 1 8 , 8 4 0 4 7
D e d u c t a m a n t o f n e t e a r n i n g s a p p ii o a b l e
t o d iv id e n d , 1
p e r cent., o n p r e f . s t o c k .
P r e m iu m p a id o n J e f f e r s o n v i l l e M a d is o n
A I n d i a n a p o li s R iilr o a r t fir s t m o r t g a g e
b o n d s r e d e e m e d t h r o u g h s i n k i n g f u u il ..
A m o u n t p a id in s e t t le m e n t o f L y n d o J iid g
rn e n t f o r b a c k i n t e r e s t o n C o l u m b u s A
I n d i a n a p o li s C e n tr a l
R a il w a y s e c o n d
m o r t g a g e b o n d s .......................................................
$ 3 1 0 ,2 4 3 5 0
2 5 ,1 0 3 3 0
8 5 ,2 7 6 8 4
4 5 0 ,6 2 3 6 4
B a la n c e t o o e d i t o f p rofit, a n d l o s s D e o . 3 1 » t , 1 8 9 8 ...........$ 7 , 5 6 8 ,2 1 6 >-3
Inc. o r D tt,
52
29
27
75
41
69
91
T o t a l s .................. $ 1 0 ,2 3 6 ,9 7 9 3 0 * 1 5 , 1 4 4 , 4 8 4 8 4
E a r n in g s p e r m il e o f
r o a d ..............................
$ 1 4 ,1 0 6 7 2
* 1 3 ,1 5 7 56
1.
I.
I.
I.
D.
D.
T.
1 6 3 9 ,7 9 4 1 6
3 0 6 ,8 5 5 1 1
3 0 ,5 3 - 37
2 3 ,3 7 4 9 0
U . 106 01
2 ,6 3 4 62
4 5 ,6 2 2 8 5
I . * 1 ,0 9 2 ,4 9 1 4 6
I.
$94916
The tonnage transported was 13,4<i8,789 tons, against 11,729,877 in 1897, an increase of 1,738,913 tons, the greater
portion being in the through traffic. The largest items of
increase were flour and other mil! products, cotton, bitum i
nous coal, coke, ores, stone, sand, lumber, pig and bloom
iron, bar and sheet metal, cement, brick, agricultural imple
ments, and miscellaneous merchandise. The largest Items
o f decrease were grain, anthracite coal, and iron and steel
rails.
622
THE
[V ol . L X V IIl
(C H R O N IC L E .
There was an increase in freight earnings of $639,794 16,
or 6 8-100 per cent. The average rate received was 5 9-10
mills, as cornnared with 6 3-10 mills in 1897, and as there
was no change in the cost of movement, there was ^decrease
o f 4 10 mill in the net profit as compared with 1897. There
was an increase of nearly 18 per cent in the ton mileage,
mostly in the through traffic.
There were carried 5,620,818 passengers, as compared with
5,371,754 in 1897, an increase of 249,059, mainly in the local
travel. There was an increase in mileage of 14 12-100 per
cent, and in revenue of 11 36 P 0 per cent. The average
rate received was 2 cents, as compared with 2 5-100 cents in
1897, a decrease of 5-10 of a mill, but the cost having de
creased 8-10 o f a mill, there was an increased profit of 3-10
o f a mill
,
.
There was an increase in the average number of tons, and
o f passengers per car and per train.
It will be noted that there is a considerable increase in ex
penses in all departments. In Maintenance o f W ay and
Structures the increase was due in a measure to the repairs
consequent upon the heavy floods in the latter part o f
March, 1898, and to the renewals of bridges necessary to put
them in condition to carry the heavy motive power and
equipment now in use upon your lines. Owing to the
largely increased amount of tonnage, the expenses of Con
ducting Transportation were also greatly augmented. The
increase in Maintenance of Equipment expenses was due to
heavier repairs on cars and engines, and to the outlay de
manded by the requirements of the Inter-State Commerce
legislation in regard to air brakes and safety couplers.
There were 19,489 tons of new steel rails and 428,672 cross
ties used in renewals during the year, and in addition, 1922
tons of new and partly worn steel rails and 38,877 crossties
In the construction' o f second track, sidings and yard
tracks; 194 miles of track were ballasted with gravel, 34
with stone a«d 47 with cinder.
The actual increase in
second tracks, sidings and branches was 14’22 miles.
The work upon the bridges on the different divisions was
important both in quantity and character. Several promi
nent structures were either wholly or partially rebuilt,
notably that over Sawmill Run, where two of the piers and
two ot the spans were reconstructed.
Many light iron
bridges were replaced by steel structures, and considerable
repairs made to tresths and wooden bridges at various
points.
It having become absolutely necessary to increase the
second track on the Pittsburgh Division to accommodate
yoru traffic, quite a large expenditure was made on the
grading and sub structure between Port Washington and
Coshocton, and the work between those points will be com
pleted this year. It has also become necessary to complete
the four-track system from Broadhead Cut to Carnegie,
which was authorized in 1891, and this work is now in
progress.
On the Chicago Division the grading for the second track
between Calumet River and Lansing was practically com
pleted, and the residue o f the work has so far progressed as
to ensure its completion in the early part of the present year.
In constructing the second tracii on the Cliartiers Rail
way between Carnegie and Woodville, and providing for
the connection with your main line and its protection by an
interlocking plant, a large sum was expended, of which a
small portion was borne by your Company. This improve
ment w-as a necessary but very expensive one to the Chartiers Company, as it involved the reconstruction o f one of
its bridges, the conversion of Glenn’s Tunnel, about 300 feet
long, into an open cut, a reduction of grade, and the con
struction of two overhead bridges. The total cost o f this
work to the Cliartiers Railway Company was $101,125 14.
A new interlocking plant was also put in at the crossing
of the Cleveland & Marietta Railway at New Comerstown,
and one at Morgan Run, at the crossing of your line by the
Cleveland Canton & Southern Railroad.
There now remain but two grade crossings by steam
roads on your Pittsburgh Division not protected by inter
locking arrangements, and when these are equipped it will
be possible to run trains over the entire division without
stopping, except for fuel and water.
There was but little work done on stations during the
year. The Midway station, which was destroyed by fire,
was rebuilt, new stations put in service at Hartford and
Hartsdale, and a new combined passenger and freight sta
tion erected at North Vernon.
The condition of the motive power and equipment was
generally maintained. Eleven new engines were purchased
to supply the place of others sold and condemned; and
there were various changes in the passenger equipment,
through the filling of vacant numbers by combined passen
ger and baggage, baggage, mail and express cars, and trans
fers from one class to another. There were 374 freight cars,
19 cabin and 2 miscellaneous cars destroyed, and 121 cars
rebuilt.
As already noted, your line suffered heavy damage from
the floods that prevailed in the latter part of March, 1898,
the interference with traffic exceeding that arising from
any similar cause in the history of the road. The Pitts
burgh Division was closed between Pittsburgh and Colum
bus trom the morning of March 22d to the evening of the
30th; the New Cumberland Branch and the Pittsburgh
Wheeling & Kentucky Railroad were impassable for
three days, and the other divisions suffered materially,
though not to so large an extent, except on the Louisville
Division, where the main line was closed from the 22d to
the 29th and the Cambridge City Branch from the 23d to
the 81st of March. The bridges and tracks were washed
out at various points, and for nearly two days no trains betwten Columbus, Ohio, and the West could enter or leave
that city. During this blockade the necessary arrange
ments were made for detouring your trains by other lines,
so that, although the movement o f the traffic was delayed,
no serious loss resulted therefrom.
Your facilities in the neighborhood o f Pittsburgh were
further extended, and the Ohio Connecting Railway C om
pany is permanently and substantially improving its entire
roadway. The double track trestle over Cork Run, on the
east approach, was filled during the year, and considerable
work done in building retaining walls at the ea-t end of the
low-grade connection with your line. The same policy will
be pursued with the wooden trestle on the west approach to
the bridge.
L IT T L E M IA M I R A IL R O A D .
Extends from Columbus, Ohio, to Cincinnati, Ohio, a dis
tance of 119 35 miles, with branches from Xenia, Ohio, to
Springfield, Ohio, 19"31 miles, and Xenia to Indiana State
line, near Richmond, Ind., 58'34 miles. Total length, 193
miles.
Leased to the Pittsburgh Cincinnati Chicago & St. Louis
Railway Company.
EARNINGS.
1898.
1897.
F r e i g h t ..................................... S I , 0 7 8 ,9 5 6 0 5 $ 1 ,0 3 6 , 0 4 3 7 5
P a s s e n g e r s .............................
6 1 3 ,8 4 2 9 6
6 5 3 ,3 9 9 2 3
E x p r e s s ....................................
6 3 ,9 0 1 6 2
6 1 ,6 8 3 9 5
1 3 7 ,1 4 4 9 7
1 4 0 ,1 « 4 9 5
M a i l s ..........................................
R e n t o f r a i l w a y , & c ........
6 3 ,3 7 0 1 0
6 2 ,2 2 8 9 7
R e n t o f o th e r p r o p e r t y ..
4 ,0 3 0 0 8
3 ,9 3 0 7 6
M i s c e l l a n e o u s ......................
1 5 ,9 2 0 4 1
1 6 ,9 1 0 3 4
In c. o r D ec.
J. $ 4 2 ,9 1 2 3 0
I.
6 0 ,4 4 3 7 3
I.
2 ,2 1 7 6 7
D.
3 ,0 1 9 9 8
I.
1 ,1 4 1 1 3
I.
99 32
D.
989 93
T o t a l s ................................ $ 1 , 9 7 7 , 1 6 6 1 9 $ 1 , 8 7 4 , 3 6 1 9 5 L $ 1 0 2 , 8 0 4 2 4
E a r n s , p e r m i l e o f r o a d ..
$ 1 0 ,2 9 7 7 4
$ 9 ,7 6 2 3 0 I .
535 44
EXPENSES.
M a in , o f w a y a n d s t r u e . .
M a in te n a n c e o f e q u lp ’ t . .
C o n d u c t in g t r a n s p o r t s .
G e n e r a l e x p e n s e s ...............
T a x e s ..........................................
1898.
$ 3 1 0 ,7 3 8 9 2
2 7 0 ,t 4 8 2 7
8 6 2 ,4 5 2 8 1
4 0 ,4 1 5 3 5
7 5 ,1 9 1 6 2
1897.
$ 2 9 2 ,4 3 5 6 8
2 4 0 ,7 2 7 4 9
8 1 9 ,7 1 2 3 9
3 6 ,4 5 1 1 8
7 1 ,8 7 7 6 2
In crea se.
$ 1 8 ,3 0 3 2 4
2 9 ,9 2 0 7 8
4 2 ,7 4 0 4 2
3 ,9 6 4 1 7
3 ,3 1 4 0 0
T o t a l s ................................ $ 1 , 5 5 9 , 4 4 6 9 7 $ 1 , 4 6 1 , 2 0 4 3 6
$ 9 8 ,2 4 2
R a t i o o f e x p . t o e a r n s . . . . 7 8 '8 7 p e r c t .
7 7 96 p e r ct.
0 -9 1 p e r
T h e n e t e a r n i n g s f o r 1 8 9 8 w e r e ........................................................... $ 1 1 7 ,7 1 9
A d d :—
M i s c e l l a n e o u s I n c o m e ................................................................................
2 2 ,6 8 2
61
et
22
40
$ 4 4 0 ,4 0 1 6 2
D e d u c t :—
O n e y e a r ’ s r e n t o f r o a d ..............................................................................
6 6 2 ,8 2 6 5 6
N e t l o s s f o r 1 8 9 8 ............................................................................................ $ 2 2 2 ,2 2 4 9 4
N e t l o s s f o r 1 8 9 7 ............................................................................................ 2 3 0 ,6 4 5 4 0
D e c r e a s e d l o s s ........................................................................................
$ 8 ,4 2 0 46
The earnings increased $102,804 24, but the expenses
having increased $98,242 61, the gain in net earnings was
but $4,561 63.
The tonnage carried was 1,632,590 tons, as compared with
1,522,718 tons in 1897, an increase of 109,872 tons, or 7 22 100
per cent. There was a material increase in the items of
cotton, stone, sand, lumber, pig and bloom iron, castings
and machinery, bar and sheet metal, cement, brick, agri
cultural implements, and miscellaneous merchandise, and
a decrease in grain, live stock, anthracite coal, and iron and
steel rails. The average rate received per ton per mile was
3 10 mill less than in 1897, and the cost having increased
1-10 mill, the net result was a profit o f 1 5 10 mill, as co m
pared with 1 9 10 mill in 1897.
There was but a slight increase in the number of pas
sengers carried, but there was an increase o f 11 8-10 per
cent in the mileage. There was also an increase o f nearly
11 per cent in the revenue. The average earnings decreased
1-10 mill, and the cost 1 6 10 mills, the result being a de
creased loss of 1 5 10 mills, as compared with 1897.
There were 2,047 tons o f new steel rails and 84,003 ties
used in renewals, and 392 tons o f new- and partly worn steel
rails and 3,246 ties in the construction o f yard tracks, sid
ings, &c. Fourteen miles were ballasted with gravel and
six with cinder. The second track was extended from the
Scioto River Bridge to the Baltimore & Ohio crossing, a dis
tance of 1’26 miles, and put in operation August 2, 1898.
A new interlocking plant was constrncted at South
Charleston to control the crossing with the Ohio Southern
lines.
A t Pendleton the work of remodeling the shops, engine
house and yard was continued, thus providing the necessary
facilities for running repairs to the equipment. Under this
arrangement a large saving has been effected in the expense
heretofore incurred at that point.
The condition of the equipment is about the same as for
the preceding year. Two engines were sold, three con
demned, and four purchased in their place from the Pitts
burgh Cincinnati Chicago & St. Louis Railway Company.
Four passenger cars and five express cars were also pur
chased to fill vacant numbers.
In order to furnish the facilities required for the accom
modation of your business at Cincinnati, a new yard was
completed in the month o f July at Front Street and Broad
way, for the handling of produce and perishable freight.
THE
A pril 1, 1899.]
C H R O N IC L E .
It is believed that this improvement will materially increase
the revenue from that class of traffic over your lines.
There was expended on Capital Account the sum o f $88,730 03, of which $23,730 03 was in the purchase of real estate
at Cincinnati and $65.00 > in providing a connection with
the Ohio Southern Railroad at Springfield, Ohio.
P A S S E N G E R A N D F R E IG H T S T A T IS T IC S .
PASSENGER,
The number of individual passengers on all the lines in
1898 was 7,808,849, equivalent to 222,730,194 passengers car
ried one mile, showing an increase of 328,298 individual
passengers and an increase of 25,883,231 carried one mile.
Statement o f the Average Earnings and Expenses per Pas
senger per Mile f o r the Years 1898 and 1897.
A v er a g e E a r n in g s
fr o m t r a n s p o r t i n g
A v e r a g e C ost o f
each P a s s e n g e r p e r T ra n sp o rtin g ea ch
M ite .
P a s s e n g e r p e r H its .
C e n ts .
C e n ts .
U 9 9 ........ ..............1 -9 9
1*90
1*9 0
1 8 9 7 ..................... .2 * 0 3
I n c r e a s e ........................
D e cre a se .,,,...0 * 0 4
.......
0*09
A v e r a g e P r o fit f r o m
T r a n s / to r tin g c a s h
P a s s e n g e r p e r M ile .
C e n ts .
0*09
0 04
0*05
....
F r e ig h t .
The number of tons transported over alt the lines in 1898
was 20,204,683, equivalent to 2,118,020.215 tons moved one
mile, showing an increase o f 3,925,529 tons and an increase
o f 342,526,472 tons moved one mile.
Statement of the Average Earning* and Expenses per Tan o f
Freight per Mile fo r the Years 189$ and 1897.
A v e r a g e E a r n in g s
f r o m T r a n sp o rtin g
ea ch T on o f F reig h t
p e r M il e .
C e n ts .
1 8 9 8 .........................0 * 6 2
1 8 9 7 ....................... 0 6 0
A v era g e C ost o f
T r a n sp o rtin g ea ch
T on o f F reig h t
p e r M ile .
C e n ts .
0 46
0 -4 6
D e c r e a s e ...............0 0 4
....
GENERAL
REM ARKS.
A v era g e P r o fit fr o m
T r a n sp o rtin g each
T on o f F reig h t
p e r M il t .
C e n ts ,
0*10
0*20
0*04
623
The Pittsburgh Chartiers & Youghiogheny Railway,
which is owned jointly by your Company and the Pittsburgh
& Lake Erie Railroad Company, shows a large increase in
tonnage and much improved net results. The tonnage of
this line and o f the Chartiers Railway consists largely o f
bituminous coal from the Pittsburgh district.
The Pittsburgh Wheeling & Kentucky Railroad, which
forms your direct connection with Wheeling, W est V ir
ginia. reflects the improved condition of the iron industries,
and shows a material gain in both gross and net earnings.
In the reorganization consequent upon the sale of the
Cincinnati & Muskingum Valley Railway, June 29th, 1893,
under foreclosure proceedings, your company secured the
control of that property, which parallels your main line
and your Little Miami Divisions between Morrow and Trinway, and which it is therefore important to have worked
in harmony with your interests Under the reorganization
the rate o f interest upon its funded debt has been reduced
from seven to four per cent, and its general condition is
now quite satisfactory.
The Supreme Court of the Uoited States having decided
that under the provisions of the Anti Trust A ct the agree
ment of November 19th, 1895, providing for the formation
of the Joint Traffic Association, to which your company
was a party, was illegal, the same has been formally can
celed and the Association dissolved. The railways of this
country are therefore not now permitted to make agree
ments for the establishment and maintenance of reasonable
rates on traffic.
Mr. Frank G. Darlington having resigned as Superintend
ent of the Indianapolis Division of your line, July 1st, 1898,
Mr. P. A. Bonebrake was appointed to fill the vacancy thus
created, atid Mr. B. W . Taylor promoted to be Superintend
ent of the Louisville Division in Mr. Bonebrake’s place.
The Employes’ Voluntary It -lief Department shows an
increased membership at the close o f the year, the gain
being 126, or about 1 per cent.
The amount contributed by the members was $158,902 73 ;
the receipts from interest were $4,083 60. and the amount
contributed by the Pittsburgh Cincinnati Chicago & St.
Louis Railway Company was $30,391 58, which, added to the
balance on hand at the beginning of the year—viz., $86,968 71 -m akes a total of $280,346 61. Out o f this amount
there was paid to families of members, in death benefits and
for sickness and accident, the sum o f $140,588 35, and for
operating expenses $26,423 98, leaving a balance of $118,384 28, from which should be deducted $48,769 65 to cover
amount of outstanding and unadjusted claims, leaving a
surplus of $64,614 68. The amount contributed by the Pitts
burgh Cincinnati Chicago & St. Louis Railway Company
was, as stated above, $30,891 58, o f which $26,423 98 was used
for payment of operating expenses of the Department, and
$3,967 60 for payment o f extra benefits to members whose
disability continued over 52 weeks, a n l who were therefore
no longer entitled to regular benefits from the Department.
During the rear there were 6,696 benefits paid, viz., 6,617
account o f sickness and accident and 79 death benefits.
The General Balance Sheet, together with the usual
traffic statements, is hereto appended.
It affords the Board great pleasure to acknowledge the
efficiency of the officer* and employes during the past year.
By order of tho Board,
FRANK THOMSON",
President.
It will be* noted that tin re i< a large increase in the
freight traffic of all the lines embraced in your system, the
aggregate volume being 30,304,683 tons tor 18518, as com
pared with 17,279,154 in the preceding year, an increase o f
2,925,529 tons, or nearly 17 per cent. The tonnage mileage
shows a gain of 12*93 per cent, but the rate per ton per
mile show* a further reduction, the average earnings on all
lines being but 6*2 mills, as against 6*6 mills for 1897. The
cost o f movement was the same, so that the net profit was
reduced from 2 mills to 1*6 mills p* r ton per mile.
Tlie passenger traffic shows an increase in volume, due in
a measure to the military transportation growing out o f the
Spanish war. Your system carried 328 298 more passengers
than in 1897, and there was an increase in the mileage o f
13 15-100 per cent As with the freight traffic, however, the
passenger traffic shows a decrease in rates, the average re
ceipts for your system being 1 99-100 cents per mile, as
against 2 3-100 cents for 1897.
The aggregate revenue o f all the lines operated directly or
indirectly was $19,679,577 88, an increase over 1897 o f $1,327,086 51. The incr> ase on your main line was $1,092,494 46,
but,as alreadv noted, the traffic was carried at exceptionally
low rates, and it was necessary to largely increase the ex
penditnre.H in all departments, so that the expenses show an
advance of 1,307,994 32. It is essential that your property
should be carefully and conservatively managed and main P I T T S B U R G H C I N C I N N A T I C H I C A G O A 8 T . L O U I S R A I L W A Y
COM PANY.
tained at a high standard of efficiency, without an undue
General Balance Sheet December 31, 1898.
increase of Capital Account, in order to enable it to meet
D e b it .
its obligations and earn fair and permanent returns for the
Co s t o r R o a d , Eq u ip m e n t , A c .
shareholders. W ith this view there has been charged against C o s t o f P i t t s b u r g h C i n c i n n a t i C h ic a g o
your Income the sum of $222,721 99, representing extraor
A S t . L o u is R a il w a y , e q u i p m e n t , A c . ,
at d a l e o f c o n s o l i d a t i o n , O c t . 1 ,1 8 9 0 . 6 8 3 ,9 7 5 ,7 4 1 1 0
dinary outlay in revision of grade* and alignment and other
A m o u n t o f s e c u r it i e s i s s u e d In r e a d
work not properly chargeable to Capital, while a further
j u s t m e n t o f fu n d e d d e b t ..................... .
4 ,0 8 7 , 5 0 0 0 0
«nm o f $200,900 has been set apart to meet like expenditures N e t a m o u n t o f s e o u r lt le * is s u e d s i n c e
in 1899.
G e t, 1 ,1 8 9 0 , u n d e r th e p la n o f r e o r
g a n i z a t i o n o f C o l u m b u s C h ic a g o A
In the belief that your Profit and Loss Account had now
I n d ia n a C e n tr a l R a i l w a y C o m p a n y ..
2 1 7 .0 2 0 0 3
to its credit a sum sufficient to protect your property against E x p e n d e d f o r c o n s t r u c t i o n a n d e q u i p
any probable depreciation in its value, and against contin
m e n t fro m O ct. 1, 1 8 9 0 , to D e o . 31 ,
1 8 9 8 , a s fo llo w s ;
gent claims, a dividend of
per cent was declared on your
F o r c o n s t r u c t i o n ............ $ 3 , 6 3 3 , 0 5 5 7 8
preferred stock, payable March 20th, 1899. It is hoped that
“ e q u i p m e n t ................. 1 ,7 6 7 ,5 8 1 9 0
a continuance of the prosperous conditions now prevailing
“ r e a l e s t a t e ............. ,
4 7 8 ,1 4 5 5 7
-----------------------5 ,8 7 9 , 6 6 3 3 1
in industrial pursuits, ana the further growth o f your traffic,
T o t a l c o s t o f r o a d , A c . , t o D e o . 3 1 , 1 3 0 8 ..................... $ 0 4 ,1 5 9 ,9 2 4 4 4
will justify the payment of regular dividends thereon.
S e c u r i t ie s o f o t h e r c o m p a n i e s .....................................................
1 ,9 8 6 ,8 9 8 3 0
The only changes in your funded debt during the year
D e f e r r e d A ssets.
were the retirement of $236,000 o f first mortgage 7 per cent S u p p lie s o n h a n d .............................................................. ..
6 8 1 ,8 8 4 0 9
bonds of the Jeffersonville Madison & Indianapolis Railroad
B ette rm en ts to L eased R o a d s.
Company through the operation of the Sinking Fund. No D u e b y L i t t le M ia m i R a il r o a d C o m p a n y ..............................
4 7 3 ,3 3 0 6 3
further redemptions could be made of your consolidated
C u r r e n t A ss e t s .
mortgage bonus under the terms of the trust. There were C a s h In h a n d s o f T r e a s u r e r ____________ $ 1 , 3 8 0 , 7 3 5 8 3
*'
In h a n d s o f P a y m a s t e r s ............
1 ,8 7 1 7ft
issued in accordance with the agreements o f reorganization
2 6 5 ,9 1 4 6 9
"
r e m it t e d b y a s e n t s In t r a n s i t ........
and consolidation $88,560 68 of common and $0.483 32 of
"
d e p o s i t e d w it h fin a n c ia l a g e n t s
preferred stock, in exchange for stock of constituent com
2 9 1 ,8 7 0 7 1
f o r i n t e r e s t o n b o n d s ___ _____ . . . . .
“
In h a n d s o f t r u s t e e o f s i n k i n g
panies.
f
u
n
d
,
J
e
f
f
e
r
s
o
n
v
i
l
l
e
,
M
a
d
i
s
o
n
A
The Char-tiers Railway shows about the same gross earn
I n d i a n a p o li s R a il r o a d I lts t m o r t
ings for 1898 Its expenses, as already noted, were largely
5 9 ,3 6 3 89
g a g e b o n d * . ..................
....
2 0 ,3 9 6 10
increased by the construction of the double track between Bills receivable..................... .. .........
D
u
e
b
y
s
t
a
t
io
n
a
g
e
n
t
s
a
n
d
t
i
c
k
e
t
r
e
Carnegie and Woodvllle, but its net earnings were sufficient
2 8 2 .7 7 1 7 8
c e iv e r s .........................................................
after meeting the interest on its funded debt to pay a
1 . 8 5 2 ,9 9 9 4 9
"
b y o t h e r c o m p a n i e s ...........................
liberal dividend to its shareholders. The Waynesburg &
1 , 0 6 2 ,9 1 9 7 7
'■ o n m is c e l la n e o u s a c c o u n t s ----- . . . .
5 ,2 1 3 . 8 4 4 0 1
Washington K diroad, which is an extension o f the Chartiers
Railway and is controlled by that company, shows a satis
$ 1 0 2 ,5 2 0 ,0 8 1 4 7
T ota l
factory re* It. and a slight gain (n net earnings.
THE CHRONICLE.
624
THE MEXICAN NATIONAL RAILROAD CO.
C r e d it.
C a p i t a l St o c k .
C o m m o n s t o o k P i t t s b u r g h C in c in n a t i
C h ic a g o A S t. L o u is R a il w a y C o . . . . * 2 4 .5 2 3 , 3 0 0 0 0
C o m m o n s t o c k P i t t s b u r g h C in c in n a t i
C h ic a g o A S t. L o u is R ’ a y C o ., s c r i p . .
1 ,5 7 7 2 4
C om m on sto o k P itts b u r g h C in c in n a ti
A S t. L o u is R a il w a y C o ..............................
2 9 ,0 0 0 0 0
C o m m o n s t o c k S t e u b e n v il l e A I n d i a n a
R a il r o a d C o m p a n y ........................................
8 5 ,6 4 4 66
C o m m o n s t o c k C h ic a g o S t. L o u is &
4 6 6 ,2 1 7 0 0
P i t t s b u r g h R a il r o a d C o m p a n y ..........
C o m m o n s t o o k J e f f e r s o n v i l le M a d is o n
A I n d ia n a p o lis R a ilr o a d C o m p a n y —
5 ,4 0 0 0 0
$ 2 5 ,1 1 2 ,0 3 8 9 0
P r e f e r r e d s t o c k P i t t s b u r g h C in c in n a t i
C h ic a g o A S t. L o u is R a i l w a y C o ......... $ 2 2 ,6 7 6 ,0 0 0
P r e f e r r e d s t o c k P i t t s b u r g h C in c in n a t i
C h ic a g o & S t. R a il w a y C o ., s c r i p .........
2 ,4 5 9
F i r s t p r e f e r r e d s t o c k S t e u b e n v il l e A
I n d i a n a R a il r o a d C o m p a n y ....................
2 ,9 5 0
P r e f e r r e d s t o o k O h lo a g o S t. L o u is A
P i t t s b u r g R a ilr o a d C o m p a n y ................
1 0 ,1 5 2
[V ol . LXV11J
00
69
00
62
$ 2 2 ,6 9 1 ,5 6 2 31 $ 4 7 ,8 0 3 ,6 0 1 2 1
F u nded D e b t .
C o n s o lid a t e d m o r t g a g e 4>s r - c . b o n d s ,
s e r ie s “ A , " P i t t s b u r g h C i n c i n n a t i C h i
c a g o A S t, L o u is R y . C o ., d u e 1 9 4 0 . . .$ 1 0 ,0 0 0 ,0 0 0 0 0
C o n s o li d a t e d m o r t g a g e 4>a p . o b o n d s ,
s e r ie s “ B .” P i t t s b u r g h C in c in n a t i C h i
c a g o A S t. L o u is R y . C o ., d u e 1 9 4 2 .. . 1 0 ,0 0 0 ,0 0 0 0 0
C o n s o lid a t e d m o r t g a g e -1 h p . c. b o n d s ,
s e r ie s “ C ,” P i t t s b u r g h C in c in n a t i C h i
c a g o A St. L o u is R y . C o ., d u e l 9 4 2 . . , ,
2 , 0 0 0 ,0 0 0 0 0
C o n s o lid a t e d m o r t . 4 p . c . b o n d s , s e r ie s
“ D , ” P i t t s b u r g h C in c in n a t i C h ic a g o
A S t. L o u is R y . C o ,, d u e
1 9 4 5 ................................
$ 6 ,0 0 0 ,0 0 0 0 0
L e s s 1 3 7 b o n d s in s i n k
i n g f u n d ..............................
1 3 7 ,0 0 0 0 0
-----------------------5 ,8 6 3 ,0 0 0 0 0
F ir s t c o n s o l id a t e d m o r t g a g e s e v e n p e r
c e n t c o u p o n b o n d s P i t t s b u r g h C in
c in n a t i A St. L o u is R y . C o ., d u e 1 9 0 0
2 ,0 4 8 ,0 0 0 0 0
F i r s t c o n s o l id a t e d m o r t g a g e s e v e n p e r
c e n t r e g i s t e r e d b o n d s P i t t s b u r g h C in c ln a t i A S t. L o u is R y . C o ., due. 1 9 0 0 .
4 , 8 1 5 ,0 0 0 0 0
F i r s t m o r t g a g e ( e x t e n d e d ) f iv e p e r c e n t
r e g i s t e r e d b o n d s S t e u b e n v il l e A I n
d ia n a R a ilr o a d C o m p a n y , d u e 1 9 1 4 ..
3 ,0 0 0 ,0 0 0 0 0
C o n s o li d a t e d m o r t g a g e f iv e p e r c e n t
c o u p o n b o n d s C h ic a g o S t. L o u is &
P i t t s b u r g h R a il r o a d C o ., d u e 1 9 3 2 . .
1 , 2 8 5 ,0 0 0 0 0
C o n s o li d a t e d m o r t g a g e f iv e p e r c e n t
r e g i s t e r e d b o n d s C h ic a g o S t. L o u is A
P i t t s b u r g h R a il r o a d C -., d u e 1 9 3 2 .
2 2 1 ,0 0 0 0 0
F ir s t m o r tg a g e s e v e n p e t c e n t b o n d s
U n io n A L o g a n s p ’ t R R . C o ., d u e 1 9 0 5
7 1 5 ,0 0 0 0 0
F ir s t m o r tg a g e s e v e n p e r e e n t b o n d s
C o lu m b u s A I n d ia n a p o liB C e n t r a l
R a il w a y C o m p a n y , d u e 1 9 0 4 ................
2 , 6 3 1 ,0 0 0 0 0
S e co n d m o rtg a g e s e v e n p e r c e n t b o n d s
C o lu m b u s A I n d i a n a p o li s C e n t r a l
R a i l w a y C o m p a n y , d u e 1 9 0 4 ................
7 3 0 ,0 0 0 0 0
F ir s t m o r tg a g e s e v e n p e r
e e n t b o n d s J e f fe r s o n
v i l l e M a d is o n A I n d ia n
a p o lis R R .C o .,d u e 1 9 0 8 .$ 2 ,9 4 3 ,0 0 0 0 0
L e s s 1 ,2 9 8 b o n d s i n s in k i n k f o n d ............................... 1 ,2 9 8 ,0 0 0 0 0
---------------------------- * 1 ,6 4 5 ,0 0 0 0 0
S eoon d m o r tg a g e se v e n p e r c e n t b on d s
J e f fe r s o n v i l le M a d is o n & I n d i a n a p o li s
R a il r o a d C o m p a n y , d u e 1 9 1 0 .................
1 , 9 9 5 ,0 0 0 0 0
--------------------------- : 6 , 9 9 8 , ' 0 1 0 0
TWELFTH ANNUAL R EP O R T -F O R THE YEA R
ENDING DECEMBER 31, 1898.
City of Mexico Office ,
P aseo de la R eforma.
New Y ork Office ,
No. 6 W all Street.
March 15th, 1899.
To the Stockholders and Bondholders:
The following report o f the operation o f your property for
the year ending December 31, 1898, is respectfully submitted
by the Board oi Directors :
S T A T E M E N T O F E A R N IN G S F R O M A L L S O U R C E S , A N D T IS
BURSEM EN TS U PO N A L L ACCOUNTS. F O R T H E Y E A R
E N D I N G D E C E M B E R 3 1 st , 1898.
E « r n in g s fr o m th e o p e r a t io n o f th e ro a d , in M e x ica n
o u r r e n o y ............................................................................................$ 6 ,3 3 0 ,9 1 9 69
C o st o f w o r k in g th e r o a d ............................................................... 3 ,3 3 9 ,1 3 0 6 7
N e t o v e r c o s t o f w o r k in g ............. .........................................$ 2 ,9 9 1 ,7 89 02
E q u iv a le n t in g o l d .....................................................................$ 2 ,3 9 3 ,4 3 1 2
2
From which deduct extraordinary repairs
and replacements, not propsrly chargeable to
Capital Account.
U. S. Currency.
R e p la c e m e n t o f r a ils ................................................. $ 1 0 ,9 6 0 00
R e p 'a o e m e n t o f l o c o m o t iv e s ................... ............ l a , 9 2 1 7 7
R e p la c e m e n t o f c a r s .................................................. 3 3 ,8 4 0 00
R e p la ce m e n t o f b r id g e s ...........................................
1 ,6 1 5 67
S ta tion s an d w a r e h o u s e s .............
..................... 1 0 ,1 2 9 4 1
A d d itio n s t o tra ck s a n d r ig h t -o f-w a y g r o u n d s
4 ,6 2 4 7 3
4 ,0 6 2 4 5
A d d itio n s t o s h o p s ............... ..................................
In c r e a s in g p e rm a n e n t w a te r f a c i l i t i e s ............
l .0 9 5 81
C h a n ge o f lin e a n d g r a d ie n t ................................. 4 6 ,8 3 6 91
------------------ -
1 2 9 ,1 8 -: 7 5
B a la n ce r e m a i n i n g . ............................................................... $ 2 ,2 6 4 ,2 4 1 4 7
From which deduct the following general expenses, not
included in the cost of working the road :
E x p e n s e s, c o lle c t io n a n d d istrib u tio n o f
s u b s id y ...................................................................
$606 37
E x p e n s e s L o n d o n A g e n c y .................................
4 ,9 5 8 PO
E x c h a n g e .................................................................. 1 ,1 7 5 ,9 8 0 7 7
In te re s t and d is c o u n t ..........................................
4 ,0 1 8 98
P r o p o r tio n a l ch a r g e o n a c c o u n t o f A nal St tt le m e n t o f d e b ts o f o ld c o m p a n y ................
1 0 ,0 0 0 0 0
------------------ — $ 1 ,1 9 5 ,5 6 5 0 2
N e t o v e r a ll e x p ’ s, re n e w ’ ls a n d r e p l'm ’ t s .............................. $ 1 ,0 6 8 ,6 7 9 45
I n te r e s t o n P r io r L ie n B o n d s f o r 1 89 8 ..................................
6 7 4 ,1 1 0 0 0
$ 3 9 1 ,5 6 9 4 5
B a la n ce f o r y e a r 1 8 9 7 .........................................
L e ss 3\s p e r ce n t d iv id e n d d e c la r e d on
“ A ” b o n d s in 1 8 9 8 ...........................................
$ 4 6 0 ,7 3 7 09
4 2 5 ,7 7 5 0 0
3 4 ,9 6 2
B a la n ce re m a in in g o n h a n d .......................................................
09
$ 4 2 9 ,5 3 1 5 4
The Treasurer’s report gives the same information in more
detail, and under the head of Operation will be found com
parisons with last year of the various features that make up
these general results.
Much difficulty has been experienced with the construc
D e f e r r e d L ia b il it ie s .
tion o f the Uruapan Extension, so far as concerns making
C in c in n a ti S tr e e t C o n n e c tio n R a ilw a y
progress with the work. This has been occasioned by the
b o n d s a s s u m e d w it h le a s e o f L i t t l e
M ia m i R a i l r o a d ..............................................
$ 2 6 2 ,5 0 0 0 0
scarcity o f labor in the country and to the unprecedented
D u e L i t t le M ia m i R R . C o.
rainfall during the wet season from May to Novemb r,
f o r v a lu e
of
a ssets
which made work at times impossible and destroyed consid
tra n s fe rre d
by
th a t
erable earthwork in process of construction.
co m p a n y a t d a te o f
le a s e , D e o . 1 st, 1 8 6 9 ...$ 1 ,7 6 3 ,0 2 0 4 9
The rails were, however, carried into the town on the 13th
L e s s s u n d r y l i a b i l i t i e s . . . 1 ,6 6 4 ,7 8 4 0 5
day of February, 1899, and the line will be opened for traffic
D u e L i t t le M ia m i R R . C o .
9 8 ,2 3 6 4 4
duiing the present month. The official measurement o f ’the
fo r
v a lu e
o f a ssets
line as approved by the Government gives its length as
tr a n s fe rr e d t o
it a t
76’1S1 kilometers, or 47’296 miles. The country tr-iversed
d a t e o f le a s e o f C o l. &
by the line till it reaches the valley in which Uruapan is
X e n ia
R a il r o a d ,
and
s u b s e q u e n t ly t r a n s ’ r e d
situated is exceedingly rough and mountainous, and the
to
th is
com pan y b y
line expensive of construction, but the promise of traffic is
le a s e o f L . M . R R ............ $ 6 4 3 ,9 8 9 5 4
encouraging.
R e a l e s t a t e o f C o l. A
X e n ia R R . C o. a t C o l
The subsidy granted by the Federal Government in aid of
u m b u s , O h io , s o l d t o
the construction of the line was $5,009 per kilometer in
U n io n D e p o t C o ...............
3 7 ,2 9 8 7 5
5 per cent Interior Bonds. $150,000 has been paid on account
„
.
.
,
----------------------6 8 1 ,2 8 8 2 9
and sold, realizing $109,797. This sum has been credited to
M o rtg a g e e a n d g r o u n d r e n ts p a y a b le ..
5 2 5 ,0 0 0 0 0
the construction account, leaving the account charged with
-------------------1 , 5 6 7 ,0 2 4 7 3
$953,376 40, Mexican Currency, at the close of the year. The
C u r r e n t L ia b il it ie s .
charge against that account o f $763,701 13. shown on he
A c c o u n t s p a y a b le f o r c u r r e n t e x p e n d lGeneral Balance Sheet, represents the U. S. Currency
T. t u r e f - .....................- ............................................. $ 1 , 2 3 8 , 3 6 0 5 0
D u e o t h e r c o m p a n i e s .......................................
520 163 32
equivalent at the arbitrary rate for conversion on the books.
M a t u r e d in t e r e s t o n b o n d s , u n p a i d ___
3 0 5 ,0 1 5 7 1
In 1889 the State of Texas enacted a law requiring among
A c c r u e d in t e r e s t o n b o n d s ..........................
5 4 8 ,5 0 3 33
other things that all companies operating railroads in Texas
M is c e l la n e o u s l i a b i l i t i e s ..............................
420 090 13
establish and maintain their general offices and accounting
U n c la i m e d d i v i d e n d s ...........................
4 6 00
In terest on
P itts b u r g h
C in c in n a t i
departments within the State, and required the residence
C h ic a g o & S t. L o u ie R a i l w a y C o m
there of all the administrative officers, including President
p a n y , c o n s o l id a t e d m o r t g a g e b o n d s
or Vice-President. The penalty for violation was forfeiture
In s i n k i n g f u n d ...............................................
1 1 ,4 1 6 5 2 1
of charter and fine of five thousand dollars per day during
E x t r a o r d i n a r y e x p e n d it u r e f u n d ............................. . .............
3 * 2 0 o ! o o o 00 the time any company refused to comply with the law.
D iv i d e n d o n p r e f . s t o o k , p a y a b l e M a r c h 2 0 t h , 1 8 9 9 _
3 4 0 ,2 4 3 5 0
Under advice o f counsel the management of the TexasB a la n c e t o c r e d it o f p r o f it a n d l o s s .........................................
2 ,5 6 8 ,2 1 6 8 3
Mexican Railway, which had theretofore been practically
managed by the Mexican National Railroad Company, was
T c t a l ...................................................................................................$ 1 0 2 ,5 2 0 ,6 9 1 4 7
re-arranged and made to conform to the requirements of
the law. A year or more after this re-arrangement the
#
J . W . R E N N E R , C o m p t r o lle r .
rtra w n f o r s i n k i n g F u n d o n w h ic h i n t e r Auditor of the Railroad Commission visited and examined
e s t h a s c e a s e d , b u t w h ic h h a v e n o t y e t b e e n p r e s e n t e d f o r r e d e m p t io n .
the Company’s general offices at Laredo, Texas, and no
THE CHRONICLE.
A pril 1, 1899. J
objection was made to its method o f business. In Septem
ber, 1898. another expert o f the Commission made an exam
ination into the affairs of ths Company, and although there
had been no change from the plan of arrangement inau
gurated immediately after the passage of the law, a report
was made adverse to our method, and the Commission gave
us a written statement wherein thev believed we were not
in strict compliance with the law. W e accepted this with
out question and re-arranged our affairs in compliance with
the Commission's interpretation Notwithstanding this,
however, suit was filed by the Attorney-General of the
State on December 30th, 1898, against the Texas-Mexican
Railway for an enforcement o f penalties for violation of
the law. We believed and still believe that we were com
plying with the statutes of the State, and that this suit
against the Texas-Mexican was filed under a misapprehensiu i of the facts. In view of the care on the part of the
Texas Mexican Railway Company to comply with the laws,
and the obvious good faith o f its efforts to conduct the
road’s affairs in harmony with their spirit.it is believed
that the further thorough investigation which the State is
making will result in withdrawing the suit.
625
R e p la c e m e n t o f R a i l s —
P u rch a se o f 5 0 0 t o n s o f 4 5 -lb . s te e l r a il fo r
T e x a s D iv i s io n , l e s s c r e d i t s f r o m t h e 3a le
o f o l d r a i l s .................................................................
R e p la c e m e n t o f L o c o m o t iv e s a n d C a r s —
P a y m e n t m a d e o n s ix lo co m o tiv e s p u r
c h a s e d d u r i n g t h e y e a r 1 8 9 8 ..........................
P a y m e n t m a d e o n e a r s a d d e d t o e q u i p m ’ t,
M e x ic a n C u r r e n c y .
$ 1 3 ,7 0 0 0 0
$ 2 0 ,0 2 7 2 2
4 2 ,3 0 0 0 0
------ ----- ------------
Increase In w orking e x p e n s e s ............... .............. .
$244,703 31
6 2 ,3 2 7 2 2
R e p la c e m e n t o f B r i d g e s —
T w o p a i r s o f 1 7 - f e e t 6 - in c b g i r d e r s o n m a
s o n r y a b u t m e n t s , k i lo m e t e r s 2 7 7 a n d 2 7 S
$ 8 2 4 48
O n e p a i r 1 7 f e e t 6 -ln e b g i r d e r s t o r e p l a c e
w o o d e n s t r in g e r s , k i l o m e t e r 2 * 6 ............
1 7 5 00
C o m p le tin g L o s M u e r to s p in b r id g e a t k i l
o m e t e r 1 0 1 7 ............................................................
1 .0 2 0 11
---------------------------2 ,0 1 9 5 9
S t a t io n s a n d W a r e h o u s e s - B u il d i n g n e w d y k e a r o u n d s h o p s a n d s t a
t io n g r o u n d s a t A o a m b a r o to p r e v e n t th e
L e r n i a R i v e r f r o m o v e r f l o w i n g y a r d .........
$ 2 ,7 0 0 0 7
N e w s t o n e p a s s e n g e r s t a t io n a n d g r a d i n g
8 ,0 0 0 3 8
f o r t h e s a m e a t M a r a v a t l o .............................
N e w t r a n s f e r c r a n e a t N e w L a r e d o ..............
1 ,9 6 1 3 1
—------------------------------- 1 2 ,6 6 1 7 6
A d d i t i o n s to T r a c k s —
F i v e a d d it i o n a l a id e t r a c k s .....
5 ,7 8 0
91
A d d i t i o n s to S h o p s —
5 ,0 7 3
06
A d d i t i o n a l s h o p t o o l s ..................
I n c r e a s i n g P e r m a n e n t W a fe r F a c i l i t i e s —
I r o n ta n k , s to n e fo u n d a t io n . M a r a v a t lo ...
1 ,3 6 9 7 6
C h a n g e o f L i n e a n d G r a d ie n t —
W ork a t L o s M u ertos C a n on , ch a n g e o f
lin e , I n c lu d in g t n n n e l 2 5 -l1-.' m e t e r s , r e
d u c i n g c u r v a t u r e , r e m o v in g l in e f r o m
e n c r o a c h m e n t o f s t r e a m , s h o r t e n i n g lin e
8 4 6 m eters, a n d a v o id in g cr o s sin g o f o n e
s t r e a m ( b a l a n c e o f c h a r g e ) .............................
$ 3 8 ,9 8 9 12
B e tw e e n k ilo m e t e r s 2 7 7 a n d 2 8 7 to p r e v e n t
L e r m a R iv e r fr o m flo o d in g tr a c k . L in e
‘
c h a n g e d b e t w e e n k i lo m e t e r s 2 7 7 a n d 2 8 2 ,
a n d g r a d e r a is e d b e t w een k U o m e te rs 2 8 2
a n d 2 8 7 .........................................................................
1 9 ,5 5 7 0 2
------------------------5 8 ,5 4 6 1 4
E x p e n d , f o r b e t t e r m e n t s a n d a d d it i o n s t o p r o p e r t y . .
E x p e n d , f o r b e t t e r m e n t a n d a d d t o p r o p , f a s t y e a r ...
$ 1 6 1 ,4 9 3 4 4
1 4 3 ,0 * 0 6 4
Reduced to U .S. Currency at arbitrary rate
OPERATION .
The following statement gives a comparison of the results
o f operating with the year 1897:
A l l D iv i s io n *—
M e x ic a n C u r r e n c y ,
G r o s s e a r n in g * . .................................................. .............................
G i o s s earnings la s t y e a r .
...................................................
I n c r e a s e In g r o s s e a r n i n g s ............ .............................. .
C o s t o t w o r k i n g the l i n e ............................. ................................
C o s t o f w o r k in g t h e l i n e l a s t y e a r ........................ ................
$ 6 ,3 3 0 , 9 1 9 6 9
6 , 0 8 0 , 8t>3 2 8
$ 3 5 0 ,2 5 6
$ 3 ,3 3 9 , 1 3 0 6 7
3 ,0 9 4 ,4 3 5 3 6
T o t a l ............................. .............
. ..............
$ 1 6 1 ,4 8 3 4 4
o f E x c h a n g e ................... ........................................
I n c iM t *
....... ............................................................. . . . . . . ___
$ 1 8 ,4 1 2 8 0
N et over actual w orking e x p e n s e s .......................... .
Net oyer actual w orking expenses last y ear.--------------
$2,991,789 02
2,986,237 92
Increase In net o v er actual working expen se#.......
$3,551 10
Percentage o f gross earning* fo r working road .........
P ercentage o f gross earn'g fo r w orkin g road last year
52 74
50 89
Increase lu working p ercen tages............................ .
I -85
N um ber o f m iles run by all revenue t r a i n s ....... .........
Num ber o f m iles ran by all revenue trains last year.
3,069,323
2,870,000
Percentage o f Increase in m ileage............................
6-91
Gross earnings per revenue train m ile ..........................
Gross earning* per revenue train mile last y e a r..........
$2-0626
21180
Percentage o f decrease per mUe ru n .................. .
-0262
Operating expense# per revenue train m ile— ............
Operating expenses per revenue train mile last year.
$1 0879
I 0778
Percentage o f Increased expense per m ile ...............
0094
Net earning* per revenue train m ile.......... .....................
Net earnings per revenue train mile last y e a r .............
$-9747
14)402
Percentage o f decrease
G rots earnings per m ile o f road ope rate* 1 ...................
Oros* earning* per mile o f rosd operated last year.
-0630
$ 5 ,- 93 23
4,999 92
Percentage o f Increase.......................................... .
4 12
O perating expense* per m ile o f road operated ........
Operating exp. per m ile or road operated last year. .
$2,740 16
2,539 35
Percentage o f loereaae.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7-91
Net earning* per mile o f road operated ............ ..........
Net earning* per mile s f rood operated last y e a r .......
2 ,' 55 12
2,450 57
Percentage o f in crease............... .................................
........
-19
The above statement, taken in connection with Tables
4 III and DC. of the Treasurer's Report, furnishes an iutelli
ent review of the operation* of the property and a com pro
ensive comparison with past year*
Prior to 1893 we were using both coal and wood fuel, but
chiefly coal. The heavy fall in silver that year made the
Coal, which was purchased with gold, very much more ex
pensive than wood, and we therefore discontinued the use
o f coal and adopted wood altogether a* a fuel. Very con
siderable saving was effected in this way up to the begin
ning of last year, when the wood supply was not sufficient
to meet all demands and we again ha I to resort in part to
the use of coal W e are now supplying a large pari of the
rood's fuel with coal from the United States, which lias
largely increased the fuel account for the post year.
The actual working expenses o f the line have increased
over the year previous $244,705 $1 Over $1 no,000 00 o f this
ha* been in the increased cost of fuel. The balance has
been distributed quite generally through all the items mak
ing up working e x p e n s e ., and the cause of it may fairly be
assigned to some general increase in the cost of working
and to the increased service as shown in Table IX.
The following statement gives the items for which was
expended the sum o f $129,186 75, U. S. Currency, shown on
the first page o f this report as charged out on account of
Extraordinary Repairs and Replacements ’* during 1898:
f
$ 1 2 9 ,1 8 6 7 5
The above expenditures for extraordinary account, to
gether with what lias been expended for ordinary repairs
and maintenance, ha* left the line in very good condition.
In addition to the sum o f $18,700 shown above as having
been expended on extraordinary account for rails for the
Texas Mexican Railway, there has been expended for rail
renewals in Mexico anil charged to operating expenses, the
stun o f $54,284 10.
The work o f improving the line at Los Muertos, referred
to in the report for 1896, "and the work o f strengthening the
line at Aeambaro, mentioned in the last report , have both
been completed.
During the year six additional locomotives were pur
chased o f the Baldwin Locomotive Works, o f Philadelphia,
under a common form o f rental contract, which leaves the
locom otive as security for the balance o f payments, which
are distributed through four years.
The number, class, and condition of the locomotives of
the oom piny are given in the Engine Statement at the end
of this report: the number now owned being 126
The car equipment has been well maintained and is in
very fair condition.
Two passenger cars condemned were replaced during the
year, leaving that class unchanged us to numbers
In addition to replacing 63 freight cars condemned, de
stroyed, and sold during the year, 222 have been purchased
and built in the company's shops, adding that number to
the equipment as it existed at the last report This addi
tional equipment has been paid for out o f the current funds
of the company but carried over in suspense account to be
chargcl out over several years in order to avoid burdening
any one year's expenses with the whole charge. The amount
charged but during the year was $-12,300, as shown in the
statement o f extraordinary expenses.
Notwithstanding the addition of these locomotives and
cars, our equipment was not fully equal to the requirements
o f the traffic and six additional engines were contracted for
on the same terms of payment as those previously purchased
and have been delivered since the close of the year. The
traffic is still pressing upon our rolling stock and the ad
visability of making still further additions during the pres
ent year is being considered.
The yard and side tracks, which undergo more or less
change every year, were all re-measured and the following
is a statement o f their aggregate lengths in kilometers and
miles at the close o f the y ea r:
K ilo m ete r s .
E l S a lt o D i v i s i o n ......................
M o r e lia B r o o c h , i n c l u d i n g P a t z o u a r o y a r d ...................
S o u t h e r n D iv i s io n . M a in Line, a n d C i n t u r a B r a n c h ,
I n c lu d in g A c a m h a r o y a r d .....................................................
San Lola D ivision. A cam ''aro to S altillo....................
D i v i s i o n , Including S a l t i l l o and
N ow
Laredo yards . . . . .......................................................................
T e x a s D i v i s i o n ..................................................................................
3 -5 4
8 ’2 9
5 0 -8 4
40 37
M il e s .
2 -2 0
5 -1 5
3 1 -5 7
25 88
N o rth e rn
T ota l.......................
4 7 -2 4
2 6 -7 1
2 9 -3 5
1 5 -0 7
176-49
10962
T R A F F IC .
The agreement under which the competitive traffic of
Mexico had been conducted by the Mexican Traffic Associa
tion did not work with satisfaction to all the companies
through the years o f 1897 and 1898 ; and consequently all
parlies thereto joined in an effort to reform the situation.
THE CHRONICLE.
626
A new agreement was reached in December last with such
modification as will, it is hoped, result in more harmony
between the lines.
Rates have been fairly well maintained, and as a result
slightly higher average rates per ton per kilometer have
obtained upon competitive and import traffic. A slightly
decreased average rate has obtained upon local traffic.
Taken as a whole the increased volume o f traffic has not
yielded a corresponding equivalent in earnings, but the dif
ference is too slight to be important.
The increased revenue from freight traffic over the year
previous was $150,780 22.
These comparisons are with the year 1897. In that year
the failure o f the corn crop brought large importations of
corn into the country, the revenue from which to your line
amounted to $329,413 80. During the year under report no
corn was imported. This fact should be taken into con
sideration in forming an opinion as to the real increase of
the ordinary business of the Company.
FTRST M O R T G A G E B O N D S A N D S U B S ID Y .
The usual statement of the Trustees of the Subsidy show
ing the money collected and its application is published
herewith.
The following gives the number of bonds which have
been drawn up to the close of 1898:
MEXICAN INTERNATIONAL RAILROAD CO.
ANNUAL REPORT FOR YEAR ENDING DEC. 31, 1898.
New Y ork , March 6th, 1899.
The President and Board of Directors submit herewith
their report of the Company’s transactions for the year end
ing December 31st, 1898.
I. M IL E S O F R O A D O W N E D .
The Company owns and operates the following miles of
railroad:
M ile s . K i l o m e t e r s .
M a in L i n e — C i u d a d P o r f l r i o D ia z t o D u r a n g o ...........54 0 4 4
869 74
“
“
R e a t a t o M o n t e r e y ................................ .......... 7 1 '8 0
1 1 5 -5 4
B r a n c h e s — S a b in a s t o H o n d o ___ .1 .................................... 1 2 -4 3
2 0 -0 0
M o n o l o v a t o C u a t r o C i e n e g a s ......................................... 4 2 4 8
6 8 -3 6
H o r n o s t o S a n P e d r o ............................................................ 1 4 -3 5
23 09
P e d r i c e n a t o V a l a r d e n a .....................................................
5 -8 2
9 -3 7
M a t a m o r o a t o Z a r a g o z a ( T l a h u a l i lo B r a n c h ) ......... 4 3 -5 2
70 04
T o t a l ........................................................................................... 7 3 0 - 8 4
S id in g a ............................................................................................... 7 1 6 3
1 ,1 7 6 - 1 4
13112
T o t a l m il e s o f t r a c k .............................................................8 0 2 -4 7
1 ,3 0 7 2 6
The average number of kilometers of road operated for
the year was 1,060-60 kilometers (659-04 miles), the same as
in the preceding year.
The main line extension from Reata to Monterey was
opened to the public for traffic on December 25th, 1898.
The inauguration of this extension was participated in by
the President of the Republic, and other high officers of
the National and State Government. This line has been
built in a substantial manner. The rails are 62-lb. steel,
and all bridges are metal spans on stone abutments.
The line was opened so near to the end of the year that
its operations have no influence on the business for 1898.
I f. E A R N IN G S
AND
T h is
Y ear.
E a r n in g s f r o m
$
P a s B e n g e r a n d e x p r e s s ........... 5 1 4 , 9 3 1 6 0
F r e i g h t ........................................... 2 ,7 8 4 ,5 9 8 7 3
8 0 U1-C6 B..................
$ 1 ,3 0 9 , 0 0 0 0 0
P a i d a n d c a n c e l e d u p t o c l o s e o f 1 8 9 7 . . . . $ 1 ,1 9 1 , 0 0 0 0 0
P a i d a n d c a n c e l e d d u r i n g 1 8 9 8 ....................
1 1 0 ,0 0 0 0 0
-----------------------—
1 ,3 0 1 ,0 0 0 0 0
L e a v i n g y e t t o b e p a i d a n d c a n c e l e d .........................................
$ 8 ,0 0 0 0 0
It is the painful duty of the Board to record in this report
the death of Mr. Gustave J. Wetzlar, who had long been a
Director of your Company.
In Mr. W etzlar’s death your Company has lost a valuable
Director, who was always watchful of its best interest, and
each member o f the Board a friend whose wise counsel and
kindly conferences were ever at their disposal.
Respectfully submitted,
W . G. RAOUL,
President.
A comparative statement o f earnings, expenses, charges,
etc., will be found on page 614or 4-40 per cent, in working expenses, and an increase o f
$125,386 96 in U. S. currency in the surplus for the year,
i after payment of all fixed charges.
Earnings from local passengers were $352,280 75, an in; crease of $62,860 43, or 21 72 per cent, and from through
passengers, $96,890-89, an increase o f S24.291 59, or 83 46 per
cent, over the preceding year. First class passengers formed
10-38 per cent, second class 22-39 per cent and third class
passengers 67-23 p ercen t of the total number of passengers
carried.
Earnings from coal and coke were $884,539 35, an increase
of 110,088 74, or 14-22 per cent, and from local freight, other
than coal and coke, $1,544,328 82, an increase of $309,384 58,
or 25 05 per cent over the preceding year. Earnings from
through freight were $355,730 56, a decrease of $54,048 93, or
13-19 per cent, against the preceding year.
The working expenses were $2,021,599 19, an increase of
$85,247 41, or 4-40 per cent over the preceding year. The
ratio of expenses to gross earnings was 57-81 per cent,
against 63-81 per cent in the preceding year. Included in
the year’s expenses is the cost of exchanging 72'45 kilometers
of new rails, principally 75 lbs., for the lighter-weight rails
in the track, which are being used advantageonsly else
where ; also $46,142 53 for cars and value o f buildings de
stroyed by the burning of the paint shop at Diaz December
21st, 1898. The small increase in expenses—taking into con
sideration that there has been an increase o f 22-40 per cent
in passengers carried one kilometer, of 7‘62 per cent tons of
commercial freight carried one kilometer, and of 8-55 per
cent in kilometers run by locomotives in traffic service—has
resulted largely from the Company’s policy of making per
manent improvements as renewals became necessary, and
adding to its facilities for the purpose o f reducing the cost
of operation. The constant use of the freight equipment
caused by the increased traffic has limited the opportunity
for making the desired repairs to this equipment, and these
will have to be made during the ensuing year.
The renewals of rails and ties were as follows :
197,543 64
97
1897.
-6 6
2 -3 7
-0 3
____
7 2 -4 5
6 6 ,5 1 4
6 6 ,5 1 7
306
7 2 ,9 3 4
5 9 ,2 3 8
T o t a l n u m b e r o f t i e s .................................................... 1 2 7 ,0 3 1
E q u a l t o k i l o m e t e r s o f t r a c k .........................................
7 2 -1 8
1 3 2 ,1 7 2
7 5 -1 0
— D ecrea se.
$
4 2 0 ,9 0 8 51
2 ,4 1 9 ,1 7 4 3 4
1 9 4 ,0 4 3 19
$
+ 9 4 ,0 2 3 0 9
+ 3 6 5 ,4 2 4 3 9
+ 3 ,5 0 0 4 5
T o t a l ..................
N u m b e r o f u n t r e a t e d o r o s s - t i e s ..................................
N u m b e r o f b u r n e t t i z e d e r o s s - t l e s . ............................
3 , 0 3 4 ,1 2 6 0 4
+ 4 6 2 ,9 4 7 93
+ In crea se.
L a st
Y ea r.
48
65
61
45
5 5 6 ,9 5 9
4 6 3 ,4 8 9
7 8 5 ,5 1 5
1 3 0 ,3 8 7
24
56
54
44
T o t a l ..............................................2 , 0 2 1 , 5 9 9
E a r n in g s o v e r w o r k in g e x p . 1 , 4 7 5 , 4 7 4
I n te r e s t o n o p e n a c c o u n t s ...
1 2 ,2 8 3
I n o o m e f r o m i n v e s t m e n t s . ..
1 ,3 3 4
19
78
30
50
1 ,9 3 6 ,3 5 1
1 ,0 9 7 ,7 7 4
7 ,5 7 8
1 ,3 3 4
78
26
11
50
+ 8 5 ,2 4 7 4 1
+ 3 7 7 ,' 0 0 5 2
+ 4 ,7 0 5 1 9
T o t a l .....................................
1 ,4 8 9 ,0 9 2 5 8
L ess sta m p & o th e r t a x e s ...
5 8 ,5 2 8 2 1
1 ,1 0 6 ,6 8 6 8 7
1 7 ,8 3 5 4 1
+ 3 8 2 ,4 0 5 71
+ 4 0 ,6 9 2 8 0
N e t r e v e n u e , i t l e x ’ n c u r ’y - 1 ,4 3 0 , 5 6 4 3 7
V . 8. C u r r e n c y —
1,088,851 46
+ 3 4 1 ,7 1 2 9 1
4 7 -8 0 ots.
5 2 0 ,4 7 1 0 0
7 ,0 9 8 9 1
+ 1 3 1 ,5 F 0 2 5
— 7 ,0 9 8 91
65 2,0 5 1 2 5
5 2 7 ,5 6 9 9 1
+ 1 2 4 ,4 8 1 3 4
4 7 4 ,7 6 8 3 3
1 4 ,5 1 2 9 7
— 2 6 ,1 1 8 3 3
+ 2 0 ,1 0 3 85
+ 5 ,1 0 8 8 6
Average price realized for
the silver d ollar___
___ 45-58 ots.
Am ount o f net revenue......... 652,051 25
Interest on open accoun ts.........................
1198.
.......
.......
6 -3 0
6 6 -1 5
+ 6 4 ,9 5 0
— 3 6 ,1 4 5
+ 3 0 ,5 2 0
+ 2 5 ,9 2 3
24
91
07
01
of
of
of
of
new
new
new
new
5 0 lb .
5 4 lb .
6 i lb .
7 5 lb .
s t e e l r a i l s ...........................
B teel r a i l s ............................
s t e e l r a i l s ............................
s t e e l r a i l s ............................
K ilo m e te r s
K il o m e t e r s
K il o m e t e r s
K ilo m e te r s
T o t a l .............................................. 3 ,4 9 7 ,0 7 3
W o r k in g e x p e n s e s —
M a i n 'e o f w a y & s t r u c t u r e s . 6 2 1 ,9 0 9
M a in t e n a n c e o f e q u i p m e n t . 4 2 7 ,3 4 3
C o n d u c t i n g t r a n s p o r t a t i o n . 8 1 6 ,0 3 5
G e n e r a l e x p e n s e s ...................... 1 5 6 ,3 1 0
Total Inoom e........................
D r a w n f o r r e d e m p t i o n in 1 8 0 1 .....................................................
$ 3 1 9 ,0 0 0 OO
“
“
“
" 1 8 9 2 .........................................................
3 0 5 ,0 0 0 0 0
“
“
“
“ 1 8 9 3 .........................................................
2 9 8 ,0 0 0 0 0
"
“
“
“ 1 8 9 5 ...........................................................
4 6 ,0 0 0 0 0
“
*■
■<
“ 1 8 9 6 ......................................................
1 1 9 ,0 0 0 1 0
“
“
“
“ 1 8 9 7 .........................................................
1 1 6 ,0 0 0 0 0
■*
“
“
“ 1 8 9 8 ..........................................................
1 0 6 ,0 0 0 0 0
EXPEN SES.
The transportation earnings and expenses (in Mexican
currency) for the year have been as follows:
A ll other
[VOL. L X V III.
Of the ties put in the track during the year 37,829 were
j obtained in Mexico.
There were renewed during the year 11,512 lineal feet of
trestling. in the repairs o f which 57,537 lineal feet o f piling
and 711,322 feet B. M. lumber were used; there were also
filled up 820 lineal feet of timber trestling.
The company owns 46 locomotives, 29 passenger cars of
all kinds, 1,439 freight cars, having an average capacity o f
25-65 tons per car, and 21 road service cars. The locom o
tives and cars are all equipped with air brakes. Two bag
gage, express and mail cars, 1 third class passenger and 69
freight cars were added during the year, and charged
against the fund for replacement of cars. The unexpended
amount to the credit o f this fund at the close of the year is
$51,958-11 Mexican.
III. G E N E R A L R E M A R K S.
D ed u ct f o r —
Interest on bonded debt.......
448,650 00
G e n e r a l e x p 's , N e w Y o r k . . .
I n te r e s t o n o p e n a o o o u n ts ..
3 4 ,6 1 6 8 2
5 ,1 0 8 8 6
T o t a l c h a r g e s ...........................
4 8 8 ,3 7 5 6 8
4 8 9 ,2 8 1 3 0
— 8 0 5 62
S u r p l u s f a r t h e y e a r ..........
1 6 3 ,6 7 5 5 7
8 8 ,2 8 8 6 1
+ 1 2 5 ,3 8 6 96
The year's operations show an increase of $462,947 93, or
l5-2o per cent in gross earnings, an increase o f $85,247 41,
The capital account was increased during the year by the
issue of $718,f 00, face value, 4 per cent First Consolidated
Mortgage Gold Bonds, in payment for the main line exten
sion, Reata to- Monterey. Also by the issue of $1,733,200
face value, capital stock due on account of the construc
tion of the branches from Monclova to Cuatro Cienegas,
42.48 miles, Matamoros to Zaragoza, 43'52 miles, and -44
miles of main line.
A pril 1, 1899 ]
THE CHRONICLE.
The expenditures for auditions, betterments and improve
ments amounted to $157,989 78, Mexican currency, equal to
$73,675 29 U. S. currency, at the average rate of 45,58 cents
on the silver dollar. This latter sum is a charge against
the $800,000 First Consolidated Gold Mortgage Bonds issu
able for additions, betterments and improvements, at not
more than $200,000 in any calendar year. The principal ex
penditures were: $11,510 91 for converting 29 timber trestles
into permanent structures, all with masonry abutments
and wing walls; $*8,881 55 for shop buildings of stone at
Diaz; $12.015 32 for fencing 588)8 kilometers o f right of
way on both sides of track ; $11,41*3 99 for additional sec
tion and tool houses ; $20,046 72 for 4'95 kilometers of addi
tional sidings; $32,333 48 for station buildings, water sta
tions and other buildings; $19,033 56 for shop machinery
and tools, and $10,578 23 for equipment. The details o f
these expenditures are shown on Table No. 7, pamphlet.
The hospital service and medical treatment of the Com
pany’s employes, established some years ago, has been main
tained with "as satisfactory results as in the pist. There
were treated during the year 2,829 patient-. Contributions
to the Hospital fund amounted to $16,798 50, the expenses
were $12,505 65, leaving a surplus o f $4,292 S3. The balance
to the credit of this fund at the close o f the year 1898
amounted lo §11,780 20.
Additional houses for the us- of employes have been con
structed at various points on the line. A building lias been
erected at Diaz tor the use of the community settled there,
and serves for educational purposes and for evening enter
ta in merit.-. This, with the club previously established and
the many homes built by the Company, has led to the
growth o f a spirit of co-operation between the employes and
the property which is reflected in many ways in the results
herein reported.
Mexican citizens continue to seek employment in this
Company’s service, and at the end o f the year 1,430 held po
sitions in its various offices and departments. In the mining
and other interests affiliated with the railroad there are
2,323 Mexican employes, so tiiat the total number engaged
in these enterprises is 3,753, an increase o f 484 for the year.
During the same period there has been an increase o f but
39 foreigners in these sendees.
National, State and local authorities continue to manifest
appreciation o f the Company’s developments and to extend
their co-operation in various ways. All accounts between
the Company and the Government are promptly and fully
settled.
The construction of the new shops, to replace those de
stroyed in 1896 by Are, adds materially to the economy in
this branch o f operations and now affords facilities by which
all replacements o f equipment can be made in Mexico.
There have been ordered to meet the demands o f the Com
pany's increasing traffic one 18x24 fifty-ton 8-wheel switch
ing locomotive and five 20x28 Mogul freight locomotives,
weighing 144,200 lbs. each, o f which 124,400 lbs. ore on the
drivers. Also 2 baggage, express and mail cars, 1 combined
first and second class passenger car, 1 third class j>assenger
car, 100 box. 100 gondola and 100 fiat cars of 30 tons capac
ity, all equipped with air brakes and automatic couplers.
The accompanying tables [In pamphlet] show in detail the
variations occurring during the year in the transportation
of both passengers and freight.
The increase over last year in the movement o f passengers
as well as in comparison with that year's increase over its
predecessor is equally interesting both a* to numbers travel
ing and as to the revenue returned. The increased tonnage
for the year has been 40,,V29 tons and the increase in revenue
from freight as compared with the increase from the pre
vious year is equally marked.
Traffic exchanged with our connections is o f growing im
portance, and foreign business continues to move over this
railroad in large volume.
An examination as to the origin o f traffic shows that at
the various junction points with other roads the tonnage
delivered from this road exceeded that received by it by
11,887 car-loads. There has also been a steady increase in
business between the station* on the line of this road,
especially at Durango and Torreon, in each o f which places
several new and important industries have d e v e l o p e d dnring
the year. The city of Diaz also shows an increase of activity
as compared with previous years. To meet the requirements
o f various enterprises along the road nearly fire kilometres
o f new sidings have been Constructed, and in other respects
local business shows important progress and indicates the
prosperity of the country tributary to the road.
This growth of traffic from the territory tributary to the
road warrants the company in continuing its past policy of
giving to local shippers the fullest opportunities For their
prosperity, and of resisting all efforts wluch enterprises at a
distance may make o f controlling traffic to the disadvan
tage o f the local producer.
For details in regard to receipts and disbursements, traffic,
character, condition and service of rolling stock, and work
ing results, reference is made to the tables accompanying
the report of the Controller, in pamphlet.
The Board of Directors desires to acknowledge its in
dehtedne-s to the officers and employes for the faithful
discharge of their duties.
By order of the Board,
TH03. H. HUBBARD,
President,
627
C A P IT A L A C C O U N T D E C E M B E R 31, 1898.
(U . S. C u r r e n c y .)
A m ou n t o f Issu e A m oun t
A u th o riz e d .
Issu ed .
C o m m o n s h a r e s , $ 1 0 0 e a o h ..................................... $ 2 8 ,0 0 0 ,0 0 0 $ 1 8 ,7 0 8 ,2 0 0
P e r C e n t P r i o r L i e n S t e r l in g
B o n d s, d u e S e p t. 1 ,1 9 4 7 ; in
te r e s t p a y a b le M a rch 1 a n d
S e p t . 1 , v i z .:
B on d s N os. 1 to 4 5 0 0 , Z 2 0 0
s t e r li n g e a c h ($ 4 8 7 % ) ........ $ 4 , 3 8 7 , 5 0 0
B o n d s N os. 4 5 0 1 . to 7 5 0 0
£ 1 0 0 s t e r l’ g e a c h ($ 4 8 7 % )
1 ,4 6 2 ,5 0 0
----------- — -----5 ,8 5 0 , 0 0 0
5 ,3 5 0 , 0 0 0
4
P e r C e n t F ir s t C o n s o lid a t e d
M o rtg a g e C o ld B o n d s , d u e
S e p t - 1 ,1 9 7 7 ; in te re s t p a y a b le
M a r c h 1 a n d S e p t . 1 , v iz .:
T o t a l e v e n t u a l is s u e a u t h o r
i z e d u n d e r M o r t g a g e . ......... $ 1 6 ,0 0 0 ,0 0 0
L e s s r e s e -v e t o r P r io r L ie n
B o n d s .............................................
6 0 0 0 ,0 0 0
L e s s reserv ed t o r e x te n s io n s
4 ,6 4 7 ,0 0 0
a n d b e t t e r m e n t * .......................
---------------------5 ,3 5 3 ,0 0 0
O u t s t a n d in g b o n d s . N o s . l t o
4000, 6001 to 6500, of
$ 1 ,0 0 0 e a c h ................................ $ 4 ,5 0 0 , 0 0 0
O n tsta n d ’ g b o n d s. N os. 400 1
t o 5 7 0 6 , o f $ 5 0 0 e a c h ....................................... 8 5 3 , 0 0 0
--------------------6 ,3 5 3 ,0 0 0
I n c o m e b o n d s ; p r in c ip a l a n d in t e r e s t p a y a o l e in g o l d , d u e S e p t . 1 , 1 9 7 7 ; I n t e r e s t
n o t e x c e e d i n g 4 p e r c e n t p e r a n n u m in o n s o m n la t lv e ). p a y a b le o n S e p t. 1 o f e a c h
y e a r o u t o f n - c e a r n in g s a n d In c o m e , as
p r e s c r ib e d in i h e b o n d s .........................................
4 ,4 9 9 , 0 0 0
4 ,4 9 9 ,0 0 0
T o t a l . . . , ......................................................................$ - 1 0 ,7 0 2 ,0 0 0
G E N E R A L BA LA N C E SH EET.
I f e x ie n n
A sset*—
C u rren cy.
B - l a u c e f r o m C a p it a l A c c o u n t N o . 2 . . .
C a s h , N o w Y o r k .....................................................
A c c o u n t s r e c e i v a b l e . ..........................................
P a y m e n t - f o r g e n e r a l o f fic e , M e x i c o .........
A s s e t* i n M e x ic o , v i z .:
C a s h ............................................................................... $ 3 5 4 ,8 8 6 8 2
M e x i c a n c o n s o l . 3 % b o n d s ...............................
3 5 ,1 6 9 7 5
M e x i c a n c n s o l , 5 % b o n d s ...............................
5 ,9 0 0 0 0
A g e n t s a n d c o n d u c t o r s ...................................
6 7 ,9 1 8 3 9
I n d i v i d u a l s a n d c o m p a n i e s . ......... ..................
2 2 4 .9 5 3 1 6
T r a ffic b a l a n c e s .....................................................
1 1 2 ,3 9 9 8 4
S t o c k o f s u p p l i e s . . . .........
4 9 3 ,0 7 1 17
$ 3 4 ,4 1 0 ,2 0 0
V . S.
C u rren cy.
$ 3 3 6 ,1 5 5 0 7
8 5 ,4 0 1 2 0
S 0 .3 6 0 1 0
3 0 ,4 5 0 9 4
$ 1 ,2 9 4 , 3 2 9 1 3
V a lu e d a t 4 6 c e n t s o n t h e s i l v e r d o l l a r . .
5 9 5 ,3 9 1 4 0
T o t a l ............................
$ 1 , 1 2 7 , 7 5 8 71
V.
M e x ic a n
Liabilities —
Currenttp.
Balance net revenue. No. 4 ............ ..
S.
C u rren cy,
$769,982 50
1,187 64
9,460 69
I n d i v i d u a * a n d c o m p a n i e s ..................... .......
U n ad ju sted a c c o u n t * . . . . . . ___ . . . _____ _
Interval accrued on bonds to Decem ber
31. 1899, on coupon* due M arch 1,
1899........ ......................................... ......... .
149,550 00
L i a b i l i t i e s i n M e x ic o , v i z .;
Voucher* and p a y - r o l l s ............ .............. $ 3 2 0 ,4 5 0 7 2
Unclaimed » » « « > .....................................
17,121 AH
Honpltal fund ...................................................
11,780 20
Unadjusted a c c o u n t * ............................
28,193 67
Kcnewat funds ........................................
51.95* 11
Valued at 46 cents on the silver d o lla r...
$429,604 08
197,571 88
T ota l....... ........................................................................... $1,127,758 71
NET REVENU E ACCOUNT.
(U. 8. Currency.)
Disbursements—
1808.
One year's Interest o n bonded d eb t____
$440*6*0 00
34,016 82
General expenses, New Y o rk ...................
18 61
Adjustm ent In exch an ge................... .........
Im orest on open a ccou n t*............... .
5,108 80
Estimated d epreciation in current as
set* In M exico. representing difference
between 47-SO oent* and 46 cent* per
-liver d olla r— ,
............... ............ .
13,981 62
Estimated d epred ation in current assets1
In M exico, representing difference be
tween 50 cent* and 47*80 cent* per
sliver dollar .......................... ..........
Balance to No. 3 ........................ ........
769,982 50
1817.
$474,768 33
14,512 97
(174 70
17,088 64
608,453 94
$1,272,358 41
$1,115,498 58
$60?,453 94
Balance o l Revenue A ccou nt No. 5 ($1,
430.561 37 M exican, converted Into u .
8, Currency at 45-58 cent*, the a v er
age price realized fo r Uio silver dollar
for tlie year)................................... ............
052,051 25
t$l ,088,851 46, M exican,converted Into
U. a. Currenoy at 47 80 cents, the aver
age price realized fo r the silver dollar
for the y ea r).....................................
Interest on open accoun t*.........................
Adjustm ent o f old a c c o u n t-........................
11,853 22
$586,833 11
T ota l................... ........ ............................. $1,272,358 41
$1,115,498 58
R e c e ip t s —
520,471 00
7,098 91
1,095 56
—Frederick T. Chandler and Peroy M. Chandler, members
of the Philadelphia Stock Exchange, have issue 1 a handsome
pamphlet containing a descriptive and statistical analysis of
the history and finances o f the Union Traction Co. of that
city. The pamphlet contains a fine map, and, so far as we
know, is much the most exhaustive compilation that has ap
peared regarding Philadelphia’s great trolley system. W e
understand that J. P, Crittenden, well known as the editor
of the ** Philadelphia Red Book,” was responsible for the
preparation of the pamphlet, a fact that ensures for it a high
degree of accuracy.
THE CHRONICLE.
628
fVOL. L V X III,
ghe Commercial jinxes.
COM M ER CIAL
C
e p i t o m e ,
N ight , March 31, 1899.
T he Movement
O
of the
T
T
O
N
.
Friday N ight , March 31, 1899.
Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
F riday
this evening the total receipts have reached 101,801 bales,
The closing of the foreign markets on Thursday in observ against 108,622 bales last week and 95,510 bales the pre'vious
ance of the Easter holidays, aod the observance of Good Fri week, making the total receipts since the 1st of Sept., 1898,
day by most of the leading commercial and financial ex 7,652,362 bales, against 8,003,348 bales for the same period of
changes, had a tendency to interrupt, to some extent, business 1897-8, showing a decrease since Sept. 1,1898, of 350,986 bales.
activity during the latter part of the week. In general, how
R eceip ts at —
M on.
Sat.
T u et.
Wed. T h u rt.
F ri.
T otal.
ever, healthy business conditions have been experienced:
trade is steadily growing, and in the main prices are on a G alveston____ 3,413 7,184 3,479 1,540 1,970 2,289 19,875
remunerative basis. The situation in the Far East has at
......
. . . . ..
T ex. City, &o.
......
......
......
453
453T
tracted considerable attention. The advancement of the N ew O rleans... 6,590 13,942 11,047 6,453 2,328 10,588 50,948
American troops upon and the taking of the capital o f the M o b ile ..............
425
45
243
29
41
149
932
Filipinos, and the bombardment of Samoa by the English F lorida..............
3,379
3,379
and American warships, have been topics o f considerable in Savannah......... 1,761
972
470
934 1,697
995
6,829
terest. Weather conditions in the interior and Southwest
. . . . ..
...... . . . . . . . . . . . . 2,076 2,076
BrunBw’k,&;c.
......
have been less favorable, a sharp fall in the temperature C harleston____
103
428
364
372
580
1,847
being reported.
Pt. R oy al, &o. ... . ..
—. . . .
......
......
......
......
Lard on the spot has been quiet, as both exporters and W ilm ington___
23
41
80
39
34
10
227
refiners have been slow buyers; still, as there has been no
......
... . ..
W ash’ton.&o.
......
......
8
......
8
pronounced pressure to sell, values have held to a fairly
854 1,287
1,129
7,919
steady basis, closing at 3'52J^c. for prime Western and 5'15c. N o r fo lk ............ 1,337 1,428 1,834
379
379
for prime City. Refined lard has been in more active de N’p’t N ews, &o.
400
442
300
160
2,054
552
200
mand, and steady, closing at 5’70c. for refined for the Conti New Y o r k .......
700
613
832
480
3,95G
794
531
nent. Speculation in lard for future delivery has been quiet B oston..............
748
748
and there has been an easier undertone on expected large B a ltim ore........ ... . .. . . . . . . . . . . . . . . . . . . . . . . . .
35
65
27
177
50
stocks to be shown by the monthly statement on April 1st. Phlladel’ a, &o..
The close was dull.
Tpt. this week 14,529 25,152 18,576 11,458 8,807 23,279 101,801
DAILY CLOSING PRICES OP LARD FUTURES.
M a r c h . ................................
S a t.
5*52
M on.
5 ‘62
T u es.
5*52
W ed .
5*5 5
T h u rs.
552
F r i.
....
Pork has continued in fairly active demand, and has sold
at steady prices, closing at $8 87J^@$9 75 for mess, $10 50@
$11 for family and $10 50@$10 75 for short clear. Cut meats
have been quiet but steady, closing at 4|l@4J^c. for pickled
shoulders, 7@7J^c. for pickled hams and 5@ol|c. for pickled
bellies, 14@10 lbs. average. Beef has been in less active de
mand but steady, closing at $8 50@$9 for mess, $9@$10 50 for
packet, $9 50<g$ll 50 for family and $14 50@$15 00 for extra
India mess in tcs.
The demand for tallow has been
quiet, but values have held steady at 41£c. Oleo-stearine has been quiet and unchanged at 5%c. Lard
stearine has been easier, closing at 6J^@6%c. for prime City.
Cotton seed oil has weakened slightly, closing at 25J^@26c.
for prime yellow. Butter has had a fair sale, and Values
have been well maintained, closing at 14@22c. for creamery.
Cheese has had a good sale, and prices have advanced
slightly, closing at 9@13e. for State factory, full cream.
Fresh eggs have weakened under large receipts, closing at
12%c. for choice Western.
Brazil grades of coffee have had only a limited sale; still
there has been a slight improvement in the demand from
that recently experienced, and the tone has been steadier,
closing at (IJgC. for Rio No. 7. W. I. growths of coffee have
been in moderate demand and steady, closing at 7%@3c. for
fair Cucuta, East Indian growths have been' well held for
desirable grades, closing at 25@25J^c. for standard
Java. Speculation in the market for contracts has been
quiet, but on some buying by shorts to cover contracts and
a slight falling off in the crop movement prices have held
steady. Friday was a holiday. Following are final asking
prices:
A p r i l ...................... 4 - 9 5 o i J u l y .........................5 -2 0 o . I O o t .......................... 5 -4 5 o M a y ....................... 5 -0 0 0 . A u g ..........................5 -3 0 o . I D e o ........................... 5 ’ 6 5 o
J u n e ...................
5 -1 5 o . I S e p t . ..................... 5 - 3 5 e . 1
Raw sugars have been in demand and prices have ad
vanced, closing at 47-16c. for centrifugals, 96-deg. test, and
3%@8 15-16c. for muscovado, 89-deg. test. Refined sugar has
been fairly active and firm at 5J^c. for granulated. Other
staple groceries have been firm, but generally quiet.
Kentucky tobacco has teen quiet but steady. Seed leaf
tobacco has been in fair demand and values have held to a
steady basis. Sales for the week were 2,820 cases, as follows:
400 cases 1897 crop, Wisconsin Havana, 8^@ 10c.; 600 cases
1896 crop, Wisconsin Havana, 9% @ U % c.; 300 cases 1895-96
crops, Pennsylvania seed leaf, 12^@13J^c.; 200 cases 1897
crop Pennsylvania seed leaf,
150 cases 1896 crop,
Onondaga, 12V<@14c.; 100 cases 1898 crop, New England
Havana, forced sweat, 30@60c.; 450 cases 1898 crop, Wiscon
sin Havana fillers, p. t., and 120 cases 1897 crop, Zimmers,
17@22c.; also 500 bales Havana, 70@95c. in bond, and 75 bales
Sumatra, 80c.@$1 65 in bond.
Business in the market for Straits tin has been fairly active
and prices have advanced in response to stronger foreign ad
vices. The close was firm at 24@24-10c. Ingot copper has
been in better demand and prices have advanced, closing at
17J4c.@17%c. for Lake. Lead has had a fair sale at steady
prices, closing at 4-40c. for domestic. Spelter has had a mod
erate sale at unchanged values, closing at OJ^c. for domestic.
Pig iron has been in demand and firm, closing at $14-50@$16
for domestic.
Refined petroleum has been easier, closing at 7-25c. in
bbls., 4-75c. in bulk, and 8c. incases. Naphtha steady at
10c. Crude certificates have been neglected; credit balances
have been unchanged at $1 13. Spirits turpentine has been
quiet and easier, closing at 42^@43c. Rosins have been
steadier, closing at $1 3o@ 1
for common and good
strained. Hops have been in limited demand and steady.
W ool in slightly better demand and steady.
The follow ing shows the week’s total receipts,the total sinoe
Sept, 1,1898, and the stock to-night, compared with last y ear.
This
w eek .
G alveston ...
T ex. C.,&o.
New Orleans
M ob ile.........
S in ce Sep.
1 ,1 8 9 8 .
This
w eek.
S in ce Sep.
1899.
1, 1897.
19,875 2,186,495
453
74,165
50,948 1,951,841
932 237,690
3,379 182,641
6,829 1,016,067
2,076 266,411
1,847 354,011
23,295
... . ..
227 289,805
8
1,351
7,919 595,175
379
25,266
2,054
89,554
3,950 278,277
748
37,825
42,490
177
14,805 1,844,859
391
89,631
33,762 2,455,599
5,885 344,343
108,110
9,890 1,123,310
3,235 249,818
3,440 454,683
88
75,376
1,924 310,707
9
1,248
2,094 521,111
19,995
478
2,376
92,413
5,946 177,108
794
66,518
68,519
1,327
T otals....... 101,801 7,652,362
86,450 8,003,348
S avan nah ...
Br’ wlok.&o.
C harleston..
P.Royal,&e.
W ilm ington.
Wasli’n, &o.
N o r fo lk ____
N’ p ort N ..& 0
N ew Y o rk ...
B o s to n ____
B altim ore. .
Phlladel, &o.
S to ck .
1897-98.
1898-99.
R eceip ts to
M a rch 31.
1898.
87,296
76,738
380,354
16,676
372,821
28,231
39,515
4,052
16,139
61 ,486
14,071
2 9 ,356
12,015
13,053
50,574
1,445
141,635
35,000
19,320
7,156
43,0201,660
190,768
40,000
24,737
9,975
811,227
905,916
......
In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons.
R eceip ts a t—
1899.
1897.
1896.
1895.
G alves’n, &o.
N ew Orleans
M ob ile..........
S a v a n n a h ...
Ohas’ton, &o.
W ilm 'ton, <feo
N o r fo lk ........
N. N ews, &o.
AU o th e r s...
20,328
50,948
932
6,829
1,847
235
7,919
379
12,384
15,196
33,762
5,885
9,890
3,534
1,933
2,094
478
13,678
10,993
17,067
2,067
5,669
1,113
288
3,477
108
13,450
13,095
20,639
1,777
7,955
1,882
1,172
5,188
674
7,820
17,165
46,606
2,192
13,122
2,601
2,511
5,291
5,234
22,045
5,5 37
16,242
2,280
7,868
5,867
743
3,584
2 ,9 3 »
9,219
101,801
86,450
54,237
60,202
116,767
54,279
T ot. this w k.
1898.
1894.
Binoe Sept. 1 7652.362 8003.348 6311,114 4822,914 7343.785 5222,235
The exports for the week ending this evening reach a total
o f 89,521 bales, of whioh 35,857 were to Great Britain, 422
to France and 53,342 to the rest o f the Continent. Below
are the exports for the week and sinoe Sept. 1, 1898.
W eek Ending Melt. 81,1889. F rom Sept. 1,1898, to M ch. 31,1899.
_______E xp orted to—_________ __________ E x p o rted t o —
fro m —
C on ti lo ta l
Great
G reat
France
France
BriV n .
n en t. W eek. B rita in .
G a lv e s to n ....... 13,325
T e x . C ity, & c..
9,167
New O rle a n s ..
2,004
P e n sa co la .......
Savannah ........
1,012
B run sw ick —
C h a rle s to n —
P o rt R o y a l—
W ilm in g t o n ...
100
N’ p o r t N., & c .
N ew Y o r k .......
5,794
3,530
597
B a ltim o re.......
P h ila d e lp h ia ..
Ban Fran., &c..
328
T o t a l .........
36,857
T o ta l, 1897-98.
74,044
11,071 24,396 1,014,820 380,186
106
18,6S5
106
32,291 41,458 704,317 228,059
2,004 138,120
3,371
75,4 4 f 10,849
3,371
51,700 32,216
1,012 164,715
75.793
21,210
118,002
100
39,247
15,281
2,042
8,858 229,427 21,701
422
3,747 342,981
217
1,050
2,600 100,510
2,009
14,243
1,803
12,508
1,535
.....
422 53,242
1,496
C on ti
nent.
l o ta l.
504,531 1,885,537
18,288
31,973
550,545 1,438,921
29,274 107,394
81,494 107,785
512,077 590,059
81,123 245,838
150,009 231,802
21,210
142,507 260,509
04,975
25,728
25,230
9,955
163,428 419,018
4,110 347,071
81,032 182,592
14,243
92,881
79.978
89,521 3,137,045 600,121 ,2,446,039 0.248,205
37,995 164,135 2,905,070 723,207 2.828,113 6,258,120
THE CHRONICLE
A pril 1, 1899.]
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, n o t
cleared, at the ports named. We add similar figures fo r
New York, which are prepared for our special use by Messrs,
Lambert & Barrows. Produce Exchange Building.
ON SHIPBOARD, HOT CLEARED POB—
M arch 31 at
C oast
O th e r
Great
N ew (M e a n s.
G alveston-----
Savannah . .. .
Charles i o n .. .
M obile...........
N orfolk..........
New Y o r k ....
Other p ort#..
Total 1 8 9 9 ...
Total 1898.
Total 1897.
I
1,766
N one.
None.
| None.
! None.
6,000
300
7.000
!
15.066
L e a r r in i
stock .
w is e .
Total.
5,620 12,238
None.
None.
None.
None. Non*.
None. Nona.
None. 12,000
1.505
None.
5.000
None.
1,979
6,939
None.
400
None.
N one.
None.
None.
21,609
12,025
None.
400
N one.
18,000
1,800
12,000
338,745
75,271
39,515
15,739
18,670
32.574
139 885
66,988
35.824
9.318
65.834
745,393
1B r ita in . P ra n ce. F oreig n
5.620
58,960 19.423
22.94-1 10,380
69,204
53,295
21.059
8,970
168,651
95,569
737,265
611,573
F u t u r e s .— The highest, lowest and closing prices o f
Futures at New York are shown in the follow ing table.
Ch
%
>5
O
>
' r a t
B
2
g w a c w S g s s s Q s s k -Q td i:
a g is m s
i e i l
§
f
P
!
i
§
f
f
§
P
g l g g a S
s -*5 - - ' S £
5 ~rn w- I—®l s E l 1 Sr*? f1 sc r «* stos c oc R Q
S ' S e S ' S * ES©» X*CJ®K- i B®Kf 3®*
33 •
05 • 1
3q • s c * * a * : 1n *
BtrlotGbcd Middling...... .
G ood O r d i n a r y ......____ e . l i i j o f l
G ood M iddling T in g e d ....... E ven
® 1
0 1
-3
1 Si
a 1
0 *
VJ
05 0
OO
1
a
050
OO
005
OO
CO
CO—
1a
001
06
000
OO
OO
OO
CO
0*0
60
OO
19
0 05 O O
00 00
CM-ri to w
1 e> 1 9
60
OO
00
03-4
g g
050
OO
OO
o —
1a
OO
OO
® 1
O 1
O
1 ®
I **
H
(son Strict Middling Stained.... 7*jofl| _i
G ood M________g
iddling___
. . . . ___ _
% on M iddling S tu ln ed .. . . . . . . . . . tj# off
_______
Striot Low M iddling
S trict Low M id. S ta in e d ... 1 off
L ow M iddling.......... ............ 71#1 off L ow M iddling S ta in e d ....... l* # off
S triot G ood O rdinary....... .
\ off
i i f
: : T
Speculation in cotton for future delivery has been only O O
moderately active. Little new interest has been shown in * -©
CD
the market, the trading being largely in the way of liquidat tC
19
ing outstanding contracts. Ontside longs have continued to O O
unload, they failing to see anything in the situation to induce _> *Js
them to continue to carry their holdings in the near-by deliv
eries, and the fact that there was a stock of low grade cotton 0 5 0
gradually accumulating at this port to be used for deliveries § 3
on contract also had a tendency to prompt selling by longs
1 a
Both Liverpool and local shorts have been buyers of the 0 a
06
summer months to cover contracts, and this demand has <t&
sufficed to fairly well absorb the offerings and hold values to
05
a fairly steady "basis. A t the opening o f the week the crop *O. _*
movement was larger than had been generally expected, and — O
this prompted local operators to be more aggressive in their 1 ®
operations, and prices weakened slightly. Subsequently, O Oa->
however, there was a recovervon less favorable weather con »3 —
ditions at the Sooth, which stimulated a limited demand from
shorts to cover contracts. Tharsday there was a small, un
interesting market, the trading being largely of an "evening
up” character over the Euatertide holidays, Friday was ob
served as a holiday. Cotton on the spot has been quiet and
unchanged, closing at 6 5-16c. for middling uplands.
The rates on and off middling, aa established Nov. 16,1899, 1 ®
*>
by the Revision Committee, at which grades other than 1 C»
middling may be delivered on contract, are as follows.
! a
F a i r . . . . ™ . . . ....... .............. o. l % o n
M iddling P a ir .......... ..
T* o n
629
60
66
Owe
19
00
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O©
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66
1 a
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! 9
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6 6
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66
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The V isible S u p p l y o p C o t t o s to-night, as made up by
cable and telegraph, is as follows. Continental stocks, as well
as those for Great Britain and the afloat, are this week's re
On this basis the official prices for a few o f the grades fox turns, and consequently all European figures are brought down
the past week—March 35 to March 31—would be as follows.
to Tharsday evening. Bnt to make the total the complete
figures for to-night (Mch. 31), we add the item of exports from
UPLANDS.
fta t. H o n T u e « W e d T h , F r*
the United States, including in it the exports o f Friday only,
G ood O rd in a r y ....... . . . . ------- 54 , ! »*«
1899
1898
1897
1896.
5 li
51*
5*4
a
57s
6 * ),
e ilj,
7*t|
0
Stock at L iverpool.........bales. 1,727.000 1.186,000 1,281.000 1,121 000
Stock at L on d on ........................
4.000
3.000
8,000
9 000
Total Great Britain s to ck .t,731,000 1,189.000 1,287.000 L.13U.OOO
Stock at Hamburg .........
20,000
9.000
19,000
28 000
Stock at Bremen ..................... 406,000
359.000
188,000 256.000
j N a t . | V Ion T o « » W e d T h . F r l
GULP.
Stock at Amsterdam .................
3,000
2.000
6,000
9.000
Btook
at
R
otterd
a
m
.................
200
400
300
200
5*
b
.........
5%
I
8>s
5M
Good Ordinary* — . . . . . .
a
Stock
at
A
n
tw
erp
.....................
11.000
9,000
12.000
14.000
c
1 0 1*
8%
«>« j 0M
Stock at Havre ......................... 285.000
299.000
225.000 288 000
Widdiintt ...................
G*t* | 6*.6 'n
at Marseille*...................
.3,000
4.000
5.000
7 000
1 Stock
G ood M u i d U . . .
01*1* « > * „
Stock at B arcelon a................... 109.000
86.000
70.000
81 000
7 7 ,. 1 7 7 „
T I10
MiddDnsr Fair . . . . . . . . . . ......... 1 7 7 , , 1 7 7 ,*
Stock at G en oa....... ..............
72.000
31.000
46.000
79 000
Stock at T rieste.........................
14 000
3,000
11.000
26,000
STAINED.
j S a *. 1 T lo n T o t « i W e d T h . F r l
Total Continental stocks . 92 V 3 KJ 8>>2 4 )0 8 6 2 .3 0 - 786 200
l o w M id d lin g ........... .
4>*ii( 41*,. 415„
T etal European sto ck s.. . . 2 ,6 >6 2 K) 1,991,410 1,869 300 1 .9 l«,2 0 0
HollMiddling ........................
5 7s
5V
» 7S
131.000 159.000
India ootton afloat for Europe
79.000
8 1 ,0 0 0
day.
Btrict M iddling................ ......... ; a h a
8 * 1,
6*«
6**i
an
296.000 303.000
Amer.
cotton afloat for E’ rope. 216.000 5 1 1 .0 0 0
0S,. 1 6 » ,.
Good M iddling T in g ed . ........ ! 8* , , ' fri..
6* S
22,000
31.000
Egypt, BrarlLAc,, a fltfo r E 'pe
2 5 .0 0 0
27.000
(Stock la L o lled State* p ort*.. 811.227 9 0 \ 9 I 0 707,142 555.379
The luotations for middling upland at New York on Stock
293,982
4 0 0 ,1 7 0
Z5» 050
In U. 8. Interior tow n *.. 461.948
March 81 for each of the past 3*3 years have been as follows.
i 5.028
37,288
United State* exports t o - d a 11.34>
y . . _______________________________
3 1 ,1 1 6
1 8 9 9 .,, .a. e*,* | 1891. ...e , 9
1 1803. ...O.lCU n 1 1875.
Total visible s u pp ly.......... 4,2 > 0,71>3.‘ 40.604 1.3 >9,120 3 28 6.8 (9
1 8 9 8 -------- S » ,*
1874. ....... 17
18 »0.........i n , s
1982. ....... 12>*
Of the above, total* o f A m erican and other deocriptlons are as follow s;
1897 ------ 7 *,,
1009.,
....... 1 0 l i,, 1873..
A m erican 1 8 9 8 ......... 7 U „
1803..
1872.........23%
961.000
Liverpool s t o c k .,...........bales. 1,010.000 1.082,000 1,147,000
1 8 9 5 .......... 6 5 , ,
1887.,
1871.........15%
866,000 769,000 510,000 6 8 1 .0 0 0
C on tin en ta l'took *....... ..........
1894 . . . . . 7H
1888.,....... 9*S
1870..
1878.
Am erican afloat for E urope... 218,000 511.000 296.000 303,000
1893 ....... 8%
1885.........I t 'S
1877. ....... 11M | 1369..
United States stock................... 811,227 80 ,916 707 142 555.379
1 8 9 2 . . . . . 6 U „ 1884 ....... U 71»
1376. ....... 13% 1 1868..___ 27%
j United State* interior stock*. 461 9>8 400,1 70 259 0 >0 203,982
37,288
• 5.628
N ews.—On Oct, l , 1874, grade* o f cotton a* quoted w ere c h a n g e d . United State* export* to-day..
11.340
3 1 ,1 1 6 __ _________________
A ccording t o the new cla*siflcatlon M iddling w a s on that d a y q u o t e d
Total A m erican...................i i o io ^ iid 3 609.202 2.940 820 2,837,649
%o. low er than M iddling o f the old clasglffoatlon.
B a st I n d ia n , B ra sil, Ac.
160,000
134.000
L iverpool s to ck ..................
87,000 101,000
M A R K E T AND SALES.
9.100
6,000
London stock........................
4.000
3.000
99 200
66,3
0
0
Continental
stock
s..................
59
200
33.400
The total sales o f cotton on the spot each day during the
159,000
131.000
India
afloat
for
E
u
ro
p
e
...........
70.000
8
1,000
week are Indicated in the following statement. For the Egypt, Brasil, Ao., afloat........
22.000
3 >,000
27,000
25,000
convenience of the reader we also add columns which show
250 200 246 400 360.3 O 449.200
T o t a l E a s t I n d i a , A c ___ . . .
at a glance how the market for spots and futures closed ot
T otal Am erioan.'.................4,040.515 8.8 00,2>2 2,94 . 20 2.837 019
same days.
Total risible su p p ly .......... 4 . 20 0 ,. 1 j 3,94 >.6o2 3 ,3 0 9 ,1 .0 3.230,840
Middling
........... 6»|s
G ood M iddling................ ...........1 « i* i«
Middling P » lr ............... .
| Spo t Ma r k e t
Globed.
8*is
Potore*
Market
Od jsk d .
5 Ta
5’ s
6*is
6 »,s
8 ll,. lilt!*
7> „ 1 7>„
S a l e s o p Sp o t A Oo n t b a o i
B x - l 0o n - 1 C o n p o r t . ' s u m p , t r a c t.
a a iflu r d a y . . 1Q u t M ..................... V e r y s t e a d y .
200
190>
...
Monday
8 t e a < iy .................. Q a le t.. . . . . .
....
1 0 6 2 ,0 0 0
T u e s d a y . . . ( Q u i e t . ................ » H * a d y ...........
...
....
f lo o
Wednesday
Q u ie t ____ . . .
100,
...
800
T h ii r M a y
.......... ....... » t n n d j ______
U 2
1 ,9 0 0
F r i d a y ..........................................
..H oliday
1... .
T a ta i.
i
M
.......................
9
300*
4 3 3 1 5 .1 0 0
T o ta l
300
2 ,i 0 8
600
700
2 ,0 4 2
. . ..
5 ,8 3 8
3%<L
3>u d.
4d.
i 'h 7 %0.
0.
6 ] o.
7 ») ,o .
6% d.
5%4.
4 %d.
5%d.
0 7e d ,
’ >7g d .
6 3 j# d .
3», «d.
31,, d.
4d.
3°,,d.
fl|,d.
4A.
4-hed.
tgT* The imports into Continental ports the past week have
|
| beep 80,000 bales.
The above fignrea indicate an increase in the cotton in
I sight to-night of 351,113 baits as compared with the same
I date of 1893, a gain of 937,595 bales over the corresponding
| date of 1897 and an excess of 1,009,306 bales over 1898
M id d lin g U p la n d , L i v e r p o o l .. !
M id d lin g U p la n d . N e w Y o r k . .
E g y p t G o o d B ro w n , L iv e rp o o l
P eru v. R o u g h G o o d , L iv e r p o o l
B r o a c h E tn e , L i v e r p o o l ...........
T t a n o v e ll y G o o d , L i v e r p o o l . . .
06,
THE CHRONICLE.
630
A.T the I nterior T owns the movement—that is the receipt s
for the week and since September 1, the shipmente for th e
week and the stocks to-night, and the same items for the
corresponding period of 1897-98—is set out in detail below.
|
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The above totals show that the interior stocks have
increased during the week 7,717 bales, and are to-night 63,778
bales more than at the same period last year. The receipts
at all the towns have been 30,568 bales more than the same
week last year, and since Sept. 1 they are 597,943 bales more
than for the same time in 1897-98.
O verland Movement for the W eek and Since Sept . 1.—
W e give below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports received Friday night. The results for the week
ending March 31 and since Sept. 1 in the last two years are
as follows.
1 8 9 8 -9 9 .
M arch 81.
W eek .
S h ip p ed —
V l a B t . L o u i s . . . . . . _______ _______
V i a C a i r o . . . . . . ................... . . . . . .
V ia
V ia
V ia
V ia
R o o k I s l a n d ......... .....................
L o u i s v i l l e .......................... ............
C i n c i n n a t i .................................
o t h e r r o u t e s , A o ......................
T o t a l g r o s s o v e r l a n d ......... .......
D ed u ct s h ip m en ts —
O v e r la n d t o N . Y . , B o s t o n , & o ..
B etw een I n t e r io r t o w n s .. . . . . . . .
I n l a n d , A c . , f r o m S o u t h . . . . .........
T o t a l t o b e d e d n o t e d .................
L e a v in g t o t a l n e t o v e r l a n d * . .
S in c e
S e p t. 1.
9 ,1 8 2
5 ,9 6 0
8 2 5 ,9 8 1
3 6 4 ,3 1 3
300
1 ,4 6 8
6 ,0 9 2
6 ,3 1 9
4 3 ,4 0 7
1 5 9 ,0 8 1
1 4 3 ,6 4 9
1 5 8 ,1 4 2
2 9 ,3 2 1 1 ,6 9 4 ,5 7 3
6 ,9 2 9
1 ,2 4 6
820
4 4 8 ,1 4 6
3 2 ,3 2 5
6 2 ,6 8 2
8 ,9 9 5
5 4 3 ,1 5 3
2 0 ,3 2 6 1 ,1 5 1 ,4 2 0
1 8 9 7 -9 8 .
W eek .
7 ,4 6 2
1 0 ,1 2 7
562
2 .0 4 2
2 ,7 1 8
3 ,7 7 0
3 .0 4 2
S in c e
S e p t. 1.
7 6 7 ,6 3 0
3 3 4 ,9 0 5
2 9 ,4 9 7
4 4 ,9 4 6
1 0 8 ,6 5 9
1 2 6 ,4 1 9
1 3 1 ,8 3 0
2 9 ,7 2 3 1 ,5 4 3 ,7 8 6
1 0 ,4 4 3
1 ,9 5 1
1 ,5 5 5
4 0 4 ,5 5 8
2 3 ,3 4 7
3 4 ,2 7 3
1 3 ,9 4 9
4 6 2 ,1 7 8
1 5 ,7 7 4 1 ,0 8 1 ,6 0 8
* I n o lu d ln g m o v e m e n t b y r a il t o C a n a d a .
The foregoing shows that the week’s net overland movemen t
this year has been 20,316 bales, against 15,774 bales for th e
week in 1898, and that for the season to date the aggr egate ne t
overland exhibits an excess over a year ago of 69,81 2 bales.
1898-99.
I n S ig h t a n d S p in n e r s
T a k in g s .
W eek .
S in c e
S ep t. 1.
101,801 7,652,362
R e o e l p t a a t p o r t s t o M o b . 31
20,326 1,151,420
N e t o v e r l a n d t o M o b . 3 1 ........
B o n t h e r n e o n s n m p t l o n t o M e b .3 1 26,000
790,000
T o t a l m a r k e t e d _________ . . . . .
in t e r io r s t o o k s ln e x o e s s ..... . . .
D e o re a se d u r in g w e e k .
W e ek .
S in c e
S ep t. 1.
86,450 8,003,348
15,774 1,081,608
21,000 678,000
148,127 9 ,5 9 3 .7 8 2 123,224 9,762,9"6
7.717 359,829 *24,025 355 094
O a m e l n t o s i g h t d n r i n g w e e k . 155,844
T o t a l I n s i g h t M c h . 3 1 _________
9,953,611
W o r th ’ n s p l n n e r s t a h ’ g s t o M e h 3 1
1897-98.
42,774 1,887.251
99,199
lo iis o s o
47,969 l,9 3 3 ,3 2 n
L x v in .
Quotations for Middling Cotton at Other Markets.—Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
W e e k e n d in g
M a r c h 31
*L§
iv o l .
G a l v e s t o n . ..
N e w O r le a n s
M o b i l e ..........
S a v a n n a h . ..
C h a r le s t o n ..
W ilm in g t o n .
N o r f o l k .........
B o s t o n ...........
B a lt im o r e . .
P h ila d e lp h ia
A u g u s t a ........
M e m p h i s ___
St. L o u i s ___
H o u s t o n ........
C i n c i n n a t i ..
L o u is v ille ...
, »M!«m QUOTATIONS FOR MIDDLING OOTTON O N -
8a tu r .
6
5 H 1b
5 u ip
5%
558
6
6
65 , a
Ok
e s 18
6 ^ ,8
5 7s
5 16ie
51 h e
6
6hi
M on.
Tu.cs.
W ednes.
T h u rs.
515 ,6
511 16
511 ,8
5%
5=8
6
6
6 6 ,6
6q
6 9 ,a
6°\fe
5 7S
51 5 ,e
515,6
6
5 1 5 ,e
511 ,8
5 H ,e
5%
5=8
6
6
6 516
516 ,6
511 ,6
511 ,6
5%
5=8
6
6
614
6 I4
5 1 5 ,6
5=4
511 , 6
5 11 ,6
5=8
6
6
6=18
<H
6 918
6 6 ,6
5 78
5 i o ifi
5 15 ,6
6
618
6 « ,s
6*4
5 7e
515 ,a
515 ,6
6
6 ie
5 78
5 78
5 15 ,6
6
618
614
F ri.
ca
O
P
Receipts from the P lantations .—The follow ing table.
Indicatestheactual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations o f that part of the crop which
finally reaches the market through the outports.
W eek
Feb.
Mch.
“
“
“
“
24...
3 ....
10....
17....
24....
31
R eceip ts a t th e P o r ts . S t’k a t I n te r io r Towns. R e c 'p ts fr o m P la n t ns
1889.
1898.
82,875
91.128
86,913
95,510
108,622
101.801
102,474
150.717
150,221
145,794
1O1.7C0
8«.450
1897.
84,395
95,200
79,931
05,459
01.032
54,23?
1899.
1898.
1897.
1899.
1898.
1897.
467,398
453,441
461,809
401,755
450.231
403.948
511,247
488,S84
459,136
439,812
424,195
400.170
374.238
350,127
328,319
301,139
270,594
259.050
50,852
77,171
95.341
95,390
103,068
109,518
132,953
128,314
120,513
126,500
80,059
<2.425
56,728
71,155
53,128
43,27fr
36,467
36,69s
The above statement shows: 1.—That the total receipts
from the plantations since Sept. 1,1898, are 8,012,191 bales; in
1897-98 were 8,358,442 bales; in 1896-97 were 6,449,570 bales.
2.—That although the receipts at the outports the past week
were 101,801 bales, the actual movement from plantations was
109,518 bales, the balance going to inertase stocks at interior
towns. Last year receipts from the plantations for the week
were 62.425 bales and for 1897 they were 36,693 bales.
W eather R eports by T elegraph .—Reports to ns by
telegraph from the South this evening denote that in general
the weather conditions have favored farming operations
and that as a rule good progress has been made in preparing
for the next crop. In Texas work is said to be well ad
vanced, but advices from other sections indicate that it is
very backward. A t some points the temperature was rather
low part of the week. In portions of the Mississippi Valley
picking is still going on. The Mississippi River is two an 1
three-tenths feet above the danger line at Memphis, and sta
tionary.
Galveston, Texas.—Planting is reported to be well ad
vanced in this State. Farming operations were checked by
the recent cold spell, but planters are now said to be well
up with all work. Advices from Brazos are to the effect
that what cotton is up will be killed.
We have had rain on
two days during the week, the precipitation reaching
twenty-eight hundredths of an inch. The thermometer has
averaged 5“ , the highest being 73 and the lowest 43.
Palestine, Texas.—Heavy frosts occurred on Tuesday and
Wednesday. W e have had rain on two days of the past
week, the precipitation reaching four hundredths of an
inoh. The thermometer has averaged 55, ranging from 30
to 88.
Corpus Christi, Texas.—W e have had rain on one day dur
ing the week, to the extent of four hundredths of an,’inch.
The thermometer has ranged from 42 to 80, averaging 61.
San Antonio, Texas.—There has been only a trace of rain
the past week. Minimum temperature 36.
Paris, Texas.—Weather has been too dry. The tempera
ture has ranged from 27 to 80.
New Orleans, Louisiana.— We have had rain on three days
of the week, the precipitation being one inch and eightyseven hundredths. The thermometer has averaged 69.
Shreveport, Louisiana.—W e have bad rain on one day of
the past week, the precipitation reaching four hundredths of
an inch. The thermometer has averaged 57, ranging from
33 to 82.
Columbus, Mississippi.—Farming operations are very back
ward. It has rained on three days of the week, the precipi
tation being two inches and twenty-one hundredths. The
thermometer has ranged from 30 to 76, averaging 59.
Viektburg, Mississippi.—There has been rain on three days
o f the week, to the extent of one inch and thirty-six hun
dredths. The thermometer has averaged 59, the highest
being 83 and the lowest 34.
Meridian, Mississippi.—W e have had rain on three days
of the week. The season is backward.
Greenville, Mississippi.—The weather is clear and rather
cold to-day.
Little Rock, Arkansas.—W e have had rain on two days
during the past week, the rainfall being one inch and eleven
hundredths. The thermometer has ranged from 28 to 74,
averaging 49.
THE CHRONICLE
A pbil 1, l8i)9.j
Helena, Arkansas.— Planting is very backward, in fact but
few have commenced plowing. The weather is cold this
morning. We have had rain on two da vs o f the \ve-k,
the rainfall reaching seventy-five hundredths of an
inch. Average thermometer 48-5, highest 63, lowest 34.
Memphis, Tennessee.—Picking is yet going on. Prepara
tions for the new crop are active but very backward. The
river is thirty-five and three-tenths feet on the gauge, or
two and three-tenths feet above the danger line, and station
ary. Rain has fallen on six days during the week, to the ex
tent of fifty-nine hundredths o f an inch. The thermometer
has averaged 48'3, the highest being 68-8 and the lowest 33.
Nashville, Tennessee.—there has been rain during the
week to the extent of two inches and thirty-six hundredths.
The thermometer has averaged 50, ranging from 37 to 73.
Montgomery, Alabama.—Freezing weather occurred early
in the week, but latterly the temperature has been warmer.
We have had rain on one day during the past week, the pre
cipitation being forty-six hundredths of an inch.
Average
thermometer 60, highest 87 and lowest 83.
Selma, . kibama.—It has rained on two days of the week,
the rainfall being one inch and twenty-five hundredths.
The thermometer has averaged 52, the highest being 77 and
the lowest 34.
Mobile, Alabama—Farm work is making fair progress, bat
is from three to fou r weeks late. Rain fell in the interior
the latter part of the week. We have had rain here on two
days of the week, to the extent of one inch. Tne thermom
eter has ranged from 43 to 76, averaging 81.
Madison, Florida.—Sales o f fertilizers have been about
the same as last season, and the acreage planted will show
little or no difference. There has been rain on one day dur
ing the past- week, the rainfall being one inch and forty hun
dredths. The thermometer has averaged 83, ranging from
43 to 83.
Savannah, Georgia.—W e have had rain on three days of
the week, to the extent of one Inch and two hundredths.
The thermometer has ranged from 40 to 85. averaging 83.
Augusta, Georgia.—Rain has fallen on two days of the
week to the extent of fifty-nine hundredths of an inch.
Average therometer 58, highest 81. lowest 34.
Charleston, South Carolina.—There has been rain on four
days during the week, to the extent of forty-eight hun
dredth* of an inch. The thermometer has averaged 61, the
highest being '7 and the lowest 40.
Stateburg, South Carolina.—Preparations for plan* ing, al
though very backward, are progressing rapidly now. There
has been rain on two day* the past week, the rainfall reach
ing fifty seven hundredths of an inch. The thermometer
has averaged 57’8, ranging from 85 to 83.
Greenwood, South Carolina.—There has been rain on two
days daring the week, to the extent of two inches and three
hundredths. The thermometer has ranged from 40 to 85,
averaging 53.
Wilson, North Carolina.—The weather is more favorable
for farming operations. There has been rain on two days of
the past week, the precipitation reaching sixty-five hun
dredth* of an inch. Average thermoneter 50, highest 72 and
lowest 88,
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o'clock March 30, 1899, and March 31, 1898.
B31
According to the foregoing, Bombay appears to show an
increase compared with last year in the week’s receipts o f
7,000 bales.
Exports from all India ports record a gain
of 8.000 bales during the week and since September 1 show
an excess o f 167,000 bales.
A l e x a n d r ia
R e c e ip t s
S h ip m e n t s
an d
A l e x a n d r i a ? E g y p t?
t f u-c/i
1 8 9 3 -9 9 .
1 8 9 7 -9 8 .
1 8 9 6 -9 7 .
7 0 .0 0 0
5 , 3 1 2 ,0 0 0
1 0 5 ,0 0 0
0 ,2 5 8 ,0 0 0
8 0 ,0 0 0
5 ,4 0 6 ,0 0 0
R e c e ip ts (c a a t a r s * ). . .
S i n c e S e p t , t ........... ..
! T h is 1 S in c e
1 w e e k . S e p t. 1 .
\ T h is
w eek .
N o w O r le a n s ...
M e m p h is ..........
N iis h v llle ___ . . .
S b rflY P p ort___ _ . . . . . . . A b o v e z e r o o f t f u ig e .
V ic k * b u r * . . . .
S e e l.
1 2 -9
320
24 O
10 5
3 8 -6
S in ce
S e p t. 1 .
j T h is
| w eek .
E x p o r ts (b a le s )—
I
T o L i v e r p o o l . . . ......... 1 0 ,0 0 0 2 4 9 ,0 0 0 , 6 ,0 0 0 2 9 0 .0 0 0
7 , 0 0 0 3 0 1 .0 0 0
T o C o n t i n e n t ! ............ j 5 . 0 0 0 2 4 1 ,0 0 0
T o t a l E u r o p e ...........
15 ,0 0 0
4 9 0 ,0 0 0
1 3 ,0 0 0 5 9 1 ,0 0 0
S in ti
8e p t . 1
6 ,0 0 0 2 8 1 ,0 0 0
5 .0 0 0 2 7 4 .0 0 0
1 1 ,0 0 0 5 5 5 ,0 0 i
■ A o a u t a r Is 9 4 p o u n d * .
t Of which to A m erica la 1898-99, 33,701 bales; la 1897-93, 39.391
pales; ia 1896 97. 43,477 bales.
This statement shows that the receipts for the week ending
Mch. 39 were 70,000 cantarsand the shipments to all Europe
15.000 bales.
M a n c h e s t e r M a r k e t . —Our report reoeived by cable
to-night from Manchester states that the market is quiet
for both yarns and shirtings. Merchants are buying very
sparingly. We give the prices for to-day below an i leave
those for prevtous weeks o f this and last year for comparison.
1899.
1898.
8 * t b s . S h ir t- O ott’ n
i n g a , c o m m o n M id .
to J t n c i t .
U p Ida
3 2 « O op.
T w ir l.
A.
d
F b . 21
M e h .3 5 ’ a * 6 X 1 ,s
" 10 5 i(| « -6 iits
“ 17f5I*xa » 6 %
•• 2 4 5 U „ * 6 5 «
*4
A
4
4
4
4
4
4
4.
8. d.
m » « io »*
2 9 6 11
2 ® 0U
2 0 6 It
2 » 6 U
2
u
3 2 a O op.
T w ia t.
<1.
a.
a.
5 % * 8 1 » 1a
51*18-615,8
3 1 -V ,
31 ,8 5 %
3*9
5 1 1 ,8 * 6 4 1
3 H 3 .5 5 8
* 6\
3*e
5%
9Q \
8 4 H u . S h ir tin g a t com m on
to J i n e s t .
A. d ,
8.
9 6
®e
96
2 96
2 96
*21**0
2
i
4 2
4 2
4
4
4
d.
9
9
9
9
9
9
O o ttn
M id .
U p ltU
d.
3L«
3 7 ,«
3*e
3 l l a*
3»-9
3 7 ,,
J ute Butts, Baouino &c.— There has been no important
development in jute bagging since our last report, business
being very quiet. Prices are nominal at
for 1?£
lbs. and
for 3 lbs., standard grades. Jute butts con
tinue dull, (^notations are 1'05c. for paper quality and K'ffc.
for mixing to arrive.
S e a I s l a n d C o t t o n M o v e m e n t . — We have reoeived th i
(Friday) evening by telegraph from the various port' the
details of the Sea island cotton movement for *b» week The
receipts for the week ending to-night (March 31) and *'” ce
Sept, t, 1898, the stocks to-night, and the same items fo the
corresponding oeriods o f 1897-98. are as follow s.
i t c h . 3 0 . 9 9 . i t c h 3 1 . '9 8
S eel.
15*5
358
3 5 -8
3i>
44*5
Cotton.—
op
Through arrangements we made with Messrs. Davis, Benachi
Sc Co., of Liverpool and Alexandria, we now receive a weekly
oable of the movements o f cotton at Alexandria, Egypt. The
following are the receipts and shipments for the past w eek
and for the corresponding week of the previous two years.
1 8 0 7 -9 8 .
t e e e x p t e to M a r c h 3 1
T h il 1 S in ce
w e e k . S e p t. 1 .
8 i r a n n a h ------- -----------------O x s r l a s t o n , 3 t o ....................
f l o r i d * , * o ____. . . . . . . . . . .
153
1 18J
tfU*
S in c e
T A i«
vseelc. S e p t . 1.
5 0 ,2 0 3
5 ,1 8 0
7 ,3 2 5
70
12
....
5 6 .3 8 0
9 ,7 5 8
6 ,6 9 8
1819
1898.
5 ,9 1 9 1 4 2 8 5
1 ,8 0 2 3 ,6 1 8
2 ,1 6 7
463
I n d i a C o t t o n M o v e m e n t f r o m a l l P o r t s . — The receipts
T o t a l ......................
8 2 7 2 ,8 3 6 9 ,8 8 8 1 8 , 3 6 6
2711 6 2 ,7 0 8
of cotton at Bombay and the shipments from all India ports
.- courts tor tQe week ending this evening reach a total
for the week ending Mch. 39, and for the season from Sept. 1 if 1,130 bales, of which 705 bales were to Great Britain 165 to
France and 350 to St. Petersburg, and the amount forwarded
to Mch, 30 for three years have been as follows:
to Northern mills has beet, 1,181 bales. Below are the extorts
or the week tad tinoe September 1 in 1898-99 and 1897-98.
1 8 9 8 -9 9 .
1 8 9 6 -9 7 .
1 8 9 7 -9 8 ,
R e c e i p t s at—
W e ek .
B om bay.
S in c e
S ept. 1 .
W e ek .
73,000 1.392.000
F o r th e W eek .
E x p o r t*
fro m —
B om bay—
1 8 9 8 - 9 9 ..
1 8 9 7 - 9 8 ..
1 8 9 0 - 9 7 ..
C a lc u t t a
1 8 9 8 -9 9 .
1 8 9 7 -9 8 .
1 3 9 6 - 9 7 ..
fl& vira#-1 * 9 8 -9 8 ..
1 3 9 7 -9 * .
1S 9 8-& 7. x
ItU o t h e r * 1 8 9 8 -9 9
1 8 9 7 -9 8
1 8 9 6 -9 ? ..
T o t a l a ll —
1 8 9 8 -9 3
1 8 9 7 -v 9
1 8 9 6 -9 7
S i n ee
S ep t. 1.
G rea t
B r i t a in .
......
O o n tinenL
1 7 ,0 0 0
1 2 .0 0 0
1 7 .0 0 0
......
W e ek .
S in ce
Sept. 1.
62,0001 976,000
S in c e S e p t e m b e r 1 .
T o ta l.
1 7 ,0 0 0
1 2 ,0 0 0
1 7 ,0 0 0
G re a t
B r ita in .
4 ,0 0 0
2 ,0 0 0
1 6 ,0 0 0
C o n ti
n en t.
2 6 2 .0 0 0
1 4 '.OOO
3 1 7 .0 0 0
Tola*
2 0 0 ,0 0 '
14 4 ,0 0 0
3 3 J ,0 0 0
____ ,
......
3 ,0 0 0
2 ,0 0 0
2 ,0 0 0
5 ,0 0 0
1 5 .0 0 0
1 0 ,0 0 9
2 6 ,0 0 0
1 7 ,0 0 0
1 2 ,0 0 0
3 1 ,0 0 0
......
......
......
—
2 ,0 0 0
2 ,0 0 0
6 ,0 0 0
1 6 .0 0 0
7 ,0 0 9
1 4 ,0 0 0
1 7 ,0 0 0
9 .0 0 0
2 0 .9 0 0
......
...........
l .o o .)
......
2 ,0 0 0
2 .0 0 0
4 ,0 0 0
1 0 ,0 0 0
1 7 ,0 0 0
8 2 ,0 0 0
2 4 ,0 0 0
5 0 ,0 0 0
6 8 ,0 0 0
3 1 ,0 0 9
6 7 ,0 0 0
....
1 8 ,0 0 0
1 2 ,0 0 0
2 2 .0 0 0
1 8 ,0 0 0
1 2 ,0 9 0
2 2 .0 0 0
1 2 ,0 0 0
1 0 ,0 0 0
4 1 ,0 0 0
3 5 4 ,0 0 9
1 3 3 ,0 0 0
4 0 '" ,0 0 0
3 6 6 ,0 0 0
1 9 9 ,0 0 9
4 5 1 ,0 0 0
......
..........
..........
3 ,0 j 0
......
.....
......
...........
......
......
......
1 .0 0 ‘
K x p o r tt
T om —
Week. E n d in g JaT«rA.31* S i n c e S e p t, x , 1893.
N o r t h ’ n A in e .
G r e a t F r 'n c e
O r e a t \F r* n e e
T o t a l.
T o t a l . B r i t 'n . j d c .
B r it 'n .
dc.
M nc<
W e ek . S ep t. 1.
7,040
1,405
1.016, 24,903
50
968
119 7,148
4,949
1,405
2,991
s a v a n n a h . ..
I h s r l’ f n .A o
F lo r id a , * c .
N ew Y o r k . .
B o s t o n ..........
B a lt ., A c . . . .
"3 0 0
T o t a l ..........
705
415
1 ,1 2 0 18,905! 8,198 27,103
1,184 33,019
T o ta l 1 8 9 7 -8
978
115
1.093126,238 i 7.238 33.476
408 28,395
200,
405
415
820
'3 0 6
200
8,621 5,207 13,831
1,945
1,945
1,7821 ....... 1,782
......
......
.......
A considerable portion of the Sea Island cotton ehippn to
foreign porta goes via New York, and some small amountx - a
Boston tad Baltimore, Instead o f including this cotton lor
the week in which it leaves the Southern outporta, we follow
the same olaa as n our regular table o f including it when
actually exported from New York, &c, The detail* of the
shipments of Sea Island cotton for the week will be found
under the head “ Shipping News." on a subsequent page,
jju ta n on Marcii.fi t ->». .uoai,, for Floridas, common,
9c.; medium fine, 10c.; choice, 13c.
C o a r i - i t o o , Carolina*, medium tine, 13c.; fine, 20c.; fully
fine, 23 to 3>b.: extra fine. 40 to 50c.
632
THE
O verland Movement , & c., to A pr il 1.—In our editorial
oolumns to-day will be found our regular statements of
overland movement, receipts, exports, spinners’ takings, &c.
brought down to April 1.
N ew E ngland Mills S ituation .— P roposed C onsolida
tion of C otton Y arn M ills .—Reports from New Bedford.
Mass., indicate that the representative o f a British syndicate
is making efforts to combine all the cotton yarn mills of the
United States under one control.
E xports
of
Y arn
from
I ndia
to
C hina
and
J apan .—
W e give below a statement of the shipments of yarn from
India to China and Japan during the calendar years 1873 to
1898, inclusive:
T o ta l
b a le s .
4 7 ,6 7 8
1 ,7 4 5
4 5 ,9 3 3
1878.
5 0 ,3 7 2
4 ,8 4 2
4 5 ,5 3 0
1879.
6 7 ,7 2 1
4 ,5 2 7
6 3 ,1 9 4
1880.
6
9 ,1 6 1
7
,3
7
8
6
1
,7
8
3
1881.
9 1 ,2 S 8
9 ,8 5 4
8 1 ,4 3 4
1882.
1
1
2 ,4 0 3
1
7
,4
2
1
9
4
.9
8
2
1883.
1 4 1 ,1 6 4
1 3 ,8 4 6
1 2 7 ,3 1 8
1 8 8 4 ..
1
9
,0
2
0
1
7
3
,5 3 7
1
5
4
,5
1
7
1 8 8 5 ..
2 0 ,5 4 3
2 1 9 ,9 5 0
1 9 9 ,4 0 7
1 8 8 6 ..
3
9
,7
3
0
2
4
4
.8
88
2
0
%
158
1 8 8 7 ..
5 2 ,6 9 7
2 -6 .7 6 8
2 3 4 ,0 7 1
1 8 8 8 ..
6
2
,2
2
0
3
1
6
.9
1
7
2
5
4
6
9
7
1 8 8 9 ..
3 6 2 ,7 8 2
3 7 ,7 2 2
3 2 5 ,0 6 0
1 8 9 0 ..
3
7
5
,9
7
7
1
0
,9
3
9
3
6
5
,0
3
8
1 8 9 1 ..
2 1 ,4 4 5
4 0 7 ,2 1 6
3 8 5 ,7 7 1
1 8 9 2 ..
1 4 ,1 0 2
332,<>02
3 1 7 .9 0 0
1 8 9 3 ..
1 0 ,6 5 4
3 7 9 ,7 4 3
3 6 9 ,0 8 9
1 8 9 4 ..
2
,8
3
0
4
0 5 ,9 0 5
4
0
3
,0
7
5
1 8 9 5 ..
5 1 2 ,0 3 4
2 ,1 3 6
5 0 9 ,8 9 8
1 8 9 6 ..
7
5
0
4
2
8 ,2 ? 0
4 2 7 ,5 2 0
1 8 9 7 ..
49 0 ,< i9 4
4 8 9 ,8 1 9
475
1898.
F r o m th e a b o v e i t w ill b e s e e n t h a t t h e s h ip m e n t s t o C h in a
d u r in g th e y e a r 1898 s h o w a n a p p r e c ia b le in c r e a s e o v e r 1897,
b u t a r e le s 8 th a n in 189 8.
T h e e x p orts to J a p a n , h ow ev er,
w e r e th e s m a lle s t f o r a n y y e a r i n c l u d e d i n t h e s t a t e m e n t .
To O h in a (b a le s
4 0 0 lbs. e a c h ).
[Voii.LXvTlI.
C H R O N IC L E .
T o J a p a n (b a le s
4 0 0 lbs. e a c h .)
S h i p p i n g N e w s .— A s s h o w n
on
a p r e v io u s p a g e , th e
e x p o r ts o f c o t t o n fr o m th e U n it e d S ta te s th e p a s t w e e k h a v e
r e a c h e d 8 9 ,5 2 1 b a l e s .
T h e s h ip m e n ts in d e ta il, a s m a d e u p
fr o m m a il a n d te le g r a p h ic r e tu r n s , a re a s fo llo w s :
T o ta l b a le s .
N e w Y o r k —T o L i v e r p o o l , p e r B te a m e rs C y m r ic , 2 ,1 8 0 u p la n d
a n d 2 0 0 S e a I s l a n d ___ N o m a d ic , 9 0 4 u p la n d a n d 2 0 5 S e a
I s l a n d ..........................................................................................
3 ,4 8 9
T o H u ll, p e r s t e a m e r O h io , 6 7 4 ............................................................
674
T o N e w c a s t le , p e r s t e a m a r S a le r n o , 1 ,3 8 1 u p l a n d a n d 2 5 0
S e a I s la n d .............................................................................- ..................... ..
1 ,6 3 1
T o H a v r e , p e r s t e a m e r s L a T o u r a in e , 1 6 5 S e a I s l a n d . . . .
H a s s a p e q u a , 1 5 7 u p l a n d .......................................................................
322
T o M a r s e ille s , p e r s t e a m e r V l o t o r ia , 1 0 0 ...................................—
100
T o B r e m e n , p e r s t e a m e r K a is e r F r i e d r ic h , 1 0 1' .........................
100
T o A n t w e r p , p e r s t e a m e r B r it is h T r a d e r , 1 , 2 9 7 ........................
1 ,2 9 7
T o L i s b o n , p e r s t e a m e r O e v e n u m , 1 0 0 ............................................
100
T o G e n o a , p e r s t e a m e r s K a is e r W ilh e lm I I . , 8 9 0 ___ V i c
t o r ia , 2 4 1 ________________________________________________________
1 ,1 4 0
T o M a r t in iq u e , W . I ., p e r b r i e C u r le w , 5 ........................................
5
N e w O r l e a n s —T o L i v e r p o o l - M c h . 2 8 — S t e a m e r s E le o t r io ia n ,
1 ,8 4 2 ; Y u o a t a n , 3 , 0 0 0
M a r o h 3 0 —S t e a m e r N io a r a g u a n ,
4 , 0 0 0 .......................................
8 ,8 1 2
T o L o n d o n - M a r o h 2 5 - S t e a m e r C a y o R o m a n o , 3 2 5 ..............
325
T o B r e m e n - M a r o h 2 5 - S t e a m e r M o u n t R o y a l, 1 4 ,4 4 2 ......... 1 4 ,4 4 2
T o H a m b u r g M a r c h 2 7 - S t e a m e r P o ly n e s ia , 1 ,3 8 2 ........
M a r o h 3 c — S te a m r F r e d e r i c k K n ig h t , 2 , 6 5 8 ..........................
4 ,0 4 0
T o A n t w e r p - M a r o h 2 5 —S t e a m e r L o c h T a y , 2 0 0 ___ M a r o h
3 0 — S t e a m e r C a y o L a r g o , 1 ,0 5 0 ........
.................................
1 ,2 5 0
T o G e n o a M a r c h 3 0 — S t e a m e r A l a l a , 1 , 2 0 0 ___ M a r o h 3 1 S t e a m e r O li m p o , 9 ,0 0 0 .......................................................................... 1 0 ,2 0 0
T o T r i e s t e —M a r o h 2 8 —S t e a m e r L a r r o m a , 4 0 9 ............................
409
T o V e n i c e - M a r o h 2 8 —8 te a m t-r L a c r o m a , 1 ,9 5 0 ..........................
1 ,9 5 0
G alvesto n —To
L iv e r p o o l-M a r c h
2 8 —S t e a m e r M o n t e r e y ,
1 3 ,3 2 5 ............................................................................................................... 1 3 ,3 2 5
T o B r e m e n M a r c h 2 9 —S t e a m e r E l l e n R l c k m e r s , 8 ,7 7 1 . . .
8 ,7 7 1
T o R o t t e r d a m - M a r c h 2 3 — S t e a m e r M o n t g o m e r y , 2 ,3 0 0 _____
2 ,3 0 0
C o r p u s C h r i s t i , A c .—T o M e x i c o , p e r r a ilr o a d , 106 ............ ..
106
M o b i l e —T o L i v e r p o o l - M a r o h 2 4 — S t e a m e r R o t h e r fle id , 2 ,0 0 4
2 ,0 0 4
P e n s a c o l a —T o B r e m e n — M o h . 3 0 —S t e a m e r T u r q u o is e , 3 ,3 7 L ..
3 ,3 7 1
B r u n s w i c k —T o L i v e r p o o l - M a r c h 2 4 —S t e a m e r S t. R e g u lu a ,
1 . 0 1 2 ............................................................. ............................................. . 1 ,0 1 2
N o r f o l k —T o M a n c h e s t e r —M a r c h 3 1 —S t e a m e r ------------ . 1 0 0 . . .
100
B o s t o n —T o L i v e r p o o l — M a r o h 24— S t e a m e r s R o m a n , 7 2 1 ; S y lv a n i a , 4 o 3 ___ M a r c h 2 7 —S t e a m e r S a g a m o r e , 2 0 9 . . . .
M a r c h 2 8 S t e a m e r A r m e n ia n , ■ 6 0 ...............................................
2 ,2 9 3
T o M a n c h e s t e r — M a r c h 2 i - S t e a m e r I t a li a n s , 1 ,2 3 7 ..................
1 ,2 3 7
T o Y a i m o u t h - M a r o h 2 4 — S te a m e r B o s t o n . 2 . 7 . .....................
217
B a l t i m o r e — T o L i v e r p o o l — M a r o h 2 9 —S t e a m e r V e d a m o r e , 2 9 7
u p l a n d a n d 3 . 0 S e a I s l a n d ............ ......................................................
597
T o B r e m e n M a r c h 2 5 —S t e a m e r M u n o h e n , 7 7 0 ___ M a r c h
2 9 S t e a m e r R o l a n d , 1 , 2 3 9 ....................................................................
2 ,0 0 9
P o r t l a n d , M e .—T o L i v e r p o o l — M a rch 2 3 - S t e a m e r A r a b , 1 7 8
___ M a r c h 2 ' —S t e a m e r T u ra n ia n , 1 5 0 ..........................
328
S a n F r a n c i s c o - T o J a p a n —M a r c h 2 5 — S t e a m e r C h in a , 1 ,5 3 5 "
1 ,5 Jo
S a tu r .
L i v e r p o o l , a s k e d .e .
H a v r e ....................
B r e m e n _________
H a m b u r g .............
A m s t e r d a m ........
R o t t e r d a m ...........
R e v a l, v . H a m b . -C.
Do
v . H u l l . . .c .
Do
v . L o n d ’ n .c .
G e n o a ....................
T r ie s t e .................
A n t w e r p ...............
G h e n t ,v . A n t w ’ p .d .
1 C e n ts n e t p e r 1 0 0
Liverpool.—By
M on.
Tu.es.
W ed n es.
101
201
251
201
221
221
1 2 is t
251
20t
221
251
251
30t
301
....
22;
251
251
301
30t
251
25t
301
301
12>at
251
201
221
251
251
30t
301
....
221
281
20t
261
28t
20t
281
20)
281
20t
26<
28t
201
lo t
25t
281
201
261
Thun.
15t
251
201
22t
25
251
301
o.
p
301
28t
18® 20i
281
20t
26
26t
lb s .
cable from Liverpool we have the following statement of the week’s sales, stooks, &o., at that port,
M ch . 10.
M ch. 17
M ch. 24
5 9 .0 0 0
6 5 f0 0 u
S ales o t t h e w e e k .............b a l e s .
5 3 .0 0 0
4 6 .0 0 0
O t w h lo h e x p o r t e r s t o o k . . .
4 ,5 0 0
5 ,8 0 0
3 ,4 0 0
5 ,0 0 0
O f w h lo h s p e c u l a t o r s t o o k .
700
10U
100
10 0
5a e s A m e r i c a n .............................
5 3 .0 0 0
5 9 .0 0 0
4 8 .0 0 0
4 3 .0 0 0
A e t n a e x p o r t ................................
1 2 .0 0 0
6 ,0 0 0
1 1 .0 0 0
12 .0 0 0
F o r w a r d e d ........................................
7 3 .0 0 0
6 9 .0 0 0
6 5 .0 0 0
4 8 .0 0 0
T o ta l s t o o k — E s t i m a t e d ............. 1 ,8 1 2 ,0 0 0 1 .7 8 7 .0 0 0 1 ,7 5 i,0 0 0 1 .7 2 7 .0 0 0
O t w h ic h A m e n o a n —E a t m ’ d 1 ,6 8 9 ,0 0 0 1 .6 6 7 .0 0 0 1 ,6 { 1 ,0 0 0 1 .6 4 0 . 0 0 0
T o t a l i m p o r t o f t h e w e e k .........
1 0 7 .0 0 0
5 5 .0 0 0
4 5 .0 0 0
3 7 .0 0 0
O f w h lo h A m e r i c a n ............. ..
9 4 .0 0 0
4 8 .0 0 0
3 4 .0 0 0
2 7 .0 0 0
A m o u n t a f lo a t ............................. ..
1 3 2 .0 0 0
9 9 .0 0 0
8 9 .0 0 0
8 3 .0 0 0
O f w h ic h A m e r i c a n .................
1 3 0 .0 0 0
8 5 .0 0 0
9 5 .0 0 0
7 8 .0 0 0
N o t e .—A r e -c o u n t o f L iv e r p o o l s to o k o n M a ro h 25 d is c lo s e d a
d e cre a s e f r o m th e ru n n in g c o u n t o f 5 ,4 9 0 b ales, A m e r ic a n s h o w in g a n
in cre a s e o f 3 2 ,5 0 2 b a le s a n d o th e r v a rie tie s a d e d o ie n o y o f 3 7 ,9 9 2
ha les.
The tone o f the Liverpool market for spots and futures
each day o f the week ending March 31 and the daily d o sin g
prices o f spot cotton, have been as follows.
S p o t.
S a t’d a y .
M a rk et,
1 :4 5 P. m . j
M id . U p l ’ ds.
M o n d a y . T u e s d a y . W e d ’ d a y . T h u rsd a y
Fair
Quiet and business
firm.
doing.
3%
3H 32
Quiet.
Fair
business
doing.
33e
Quiet.
31332
3
%
S pec. & e x p .
8 ,0 0 0
2 ,0 0 0
1 0 ,0 0 0
500
8 ,0 0 0
1 ,0 0 0
F u tu r e s .
M a rk e t, \
1 :4 5 p . m. J
Steady at
1-64 ad
vance.
Quiet.
Quiet at
partially
1-64 dec.
Quiet.
Steady at
partially
1-64 dec.
Quiet but
steady.
Firm.
Steady.
Barely
steady.
Steady.
M a rk et,
4 P. M.
\
J
F rid a y .
1 0 ,0 0 0
1 ,0 0 0
S .0 0 0
500
W
0
Us
<
The prices ot tutures at Liverpool for each day are given
below. Prices are on the basis of Uplands, Low Middling
olause, unless otherwise stated.
S a t.
M on.
T n es,
T ltu r e .
W ed.
M a r c h 2 5 to
4
4
1
1 :4 5
1 :4 5
4
4
M a r c h 3 1 . 12*4
1 :4 5
1 :4 5
P.M . P. M. P.M . P.M . P.M . P.M . P.M . P.M . P.M . P.M .
M a r o h ...........
M ch . - A p r i l . .
A p r i l - M a y ..
M a y - J u n e ...
J u n e - J u ly ..
J u ly -A u g ...
A u g .- S e p t . . .
S e p t . - O c t . ..
O o t .- N o v —
N o v .- D e o . ..
D e o .- J a n ___
J a n .- F e b ___
3
3
3
3
3
3
3
3
3
3
3
d.
19
19
19
19
20
20
19
19
18
18
18
3
3
3
3
3
3
3
3
3
3
3
d.
19
19
19
19
20
20
19
19
18
18
18
3
3
3
3
3
3
3
3
3
3
3
3
d.
19
19
19
19
20
20
20
19
19
18
18
18
3
3
3
3
3
3
3
3
3
3
3
3
d.
20
19
19
20
20
20
20
19
19
18
18
18
3
3
3
3
3
3
3
3
3
3
3
3
d.
20
19
19
20
20
20
20
19
19
18
18
18
3
3
3
3
3
3
3
3
3
3
3
3
d.
21
21
21
21
21
22
21
21
21
20
20
21
3
3
3
3
3
3
3
3
3
3
3
3
d.
2
21
21
22
'lc
22
22
21
21
20
20
20
3
3
3
3
3
3
3
3
3
1
3
3
d.
20
20
20
20
21
21
20
20
20
19
19
19
3
3
3
3
3
3
3
3
3
3
3
3
4
20
21
21
21
22
22
21
21
20
20
20
20
3
3
3
3
3
3
3
3
3
3
3
3
d
20
21
21
21
22
22
21
21
21
20
20
20
F r l.
PJ
Us
B R E A D S T U F F S .
F r i d a y , March 31, 1899.
Only a limited volume of business has been transacted in
the market for wheat flour, but the tone has been firmer in
sympathy with the advance in wheat, and buyers have found
that to make purchases it has been necessary to pay slightly
higher figures. Owing, however, to the fact that there has
continued to be an absenoe of confilence in the stability of
ruling prices, buyers as a rule have been disposed to operate
T ota l.
on a hand-to mouth basis, Rye flour has had o ily a small
.............. 8 9 ,5 2 1
The particulars of the foregoing shipments, arranged in sale, as buyers and sellers have been apart in their idea of
our usual form, are as follows.
values. The demand for corn meal has bsen quiet, but no
O rea t F r e n c h 0 e r - — O th. by r o p e
M e x ic o ,
changes have been made in quoted prices, and at the close
B r i t ’ n . p o r i* . m a n y . W orth . S ou th,
etc. J a p a n . T o ta l,
the tone of the market was steady.
N ew Y o r k .
5 ,7 9 4
422
10 0 1 ,2 9 7 1 ,2 4 5
8 ,8 5 8
Speculation in wheat for future delivery has continued
18 482
N. O r le a n s .
9 ,1 6 7
1 ,2 5 0 1 2 ,5 5 9
4 1 ,4 5 8
G a lv e s t o n . 1 3 ,3 2 5
8 .7 7 1 2 ,3 0 0 ...........
fairly active and there has been a farther advance in prices.
2 4 .3 9 6
C o r . C . . & 0.
106
106
The principal strengthening factor in the situation has been
2 ,0 0 4
M o b i le ........
2 ,0 0 4
the unfavorable crop account from the Southwest, accounts
P e n s a c o l a ..................
3 ,3 7 1
3 ,3 7 1
received
reporting damage to the plant by the cold weather
B r u n s w ic k
1.012
1 ,0 1 2
N o r f o l k ___
100
These reports have been accompanied by bay
IOO experienced.
B o sto n . . . .
3 ,5 3 0
217
3 ,7 4 7 ing orders, St. Louis in particular being a good buyer.
At
597
B a lt im o r e .
2 ,0 0 9
2 ,6 0 6
the advance Chicago bear operators were disposed to sell the
P o r t l’ d .M e .
328
32S
S a n F r a n ...................
market with some show of freedom, although at the
1 ,535
1 ,5 3 5
close of the week the selling pressure had sub
T o t a l . . . 3 5 ,8 5 7
4 2 2 3 3 ,7 3 3 4 .8 4 7 1 3 .8 0 4
3 2 3 1 ,5 3 5 ^ S i L s a i
sided to a considerable extent and there was a
To Japan since September 1 shipments have been 68,081 general inclination shown by shorts to cover contracts,
bales trom Pacific Coast, 15,073 bales from New Organs, which also helped to carry values to a higher basis. For
13,960 bales from Galveston aud 200 bales from New York.
eign markets have been stronger, and this, too, has had a
Cotton freights at New York the past week have been strengthening influence. The volume of export business
as follows.
transacted, however, has been small, as shippers have been
THE CHK0N1ULK
A pril 1, 1899.]
633
glow buyers at the higher prices ruling. A slight squeeze in short o f orders on both plain and fancy fabrics. Prices are
March contracts has attracted some attention in the local not quotably lower, but there is considerable quiet irregu
market. To-day there was a dull market. There were no larity, particularly in low and medium grade fancies. R e
cable advices, no reports from the interior markets and orders for spring weights are unusually good for the time
prices gradually sagged. The spot market was doll, no o f year, and fabrics available for quick delivery are
firm". Overcoatings are quiet. Cloakings occasionallyfirmer.
sales being reported.
Fall dress goods in free request, fancies promising well.
OAILT OLOSISO PRIORS OV SO. 2 HRD WINTER Df N E W Y O R K .
Flannels show an upward tendency and blankets steady.
W*d.
TK urt.
H a n. l u t e .
8at.
82
«4 %
84%
84
D o m e s t i c C o t t o n G o o d s . — The exports o f cotton goods
81%
C a s h w h e a t f . o . b . ............. 83%
.... from this port for the week ending March 37 were 3,923
82%
83%
84^4
82%
Mar. delivery In elev— 83%
77
75%
77 -a
78
77
May delivery In elev— 70%
76=8 packages, valued at $133,478, their destination being to the
74%
77%
75%
J u l y d e l iv e r y In e l e v . . . . . 75%
77*4
72%
75^
75%
73%
74H points specified in the tables b elow :
Sept, delivery in elev— 73%
s o . 2 sp a m s rir C H I C A G O .
ies o r
M ay delivery in ele v ------
J u ly d e liv e r y l a e l e v . . . . .
Sat.
M on,
Tuet.
Wed,
Thun,
70%
8 1%
724
7139
70%
70%
73 U
73%
73%
73
*>».
Holi
day.
have been quiet. Earl}’ in the week
Indian com futures hav
there was a slight advance iu prices bised on a light move
ment of the crop and small country offerings; then came a
reaction under moderate selling for Western account,
elevator people in particnlar being conspicuous sellers, and
easier foreign advices had a weakening influence. Subse
quently, however, following the advance in wheat and some
talk as to the possibility of a delay in planting the new
crop, the market turned stronger, and prices again ad
vanced. Business in the spot market has been fairly active,
as exporters have continued buyers. T o day there was a
dull, featureless market. The spot market was quiet and
unchanged. Sales reported for export were 60,000 bushels.
DAILT CLOSING PRICKS O T 9 0 . 2 JCXXBD OOS31 IS N E W
Gash corn !, o, b— ------
May delivery la e l e v ....
July d elivery la elev.......
H on.
Sat.
T u et.
443#
44
44%
40%
■il
40%
-tm
41
40%
s OE SO. 2 MIXED COBS
Sat.
Stan.
May delivery in elev.. . . . 357*
35TS
July delivery in elev___ 38%
Bept. delivery In elev.... 30%
38%
3 «%
37%
Vuee.
W ed
Fn.
44%
44
447s
407*
4 0%
41%
407,
41
41%
IS C H I C A G O .
Wed.
36%
3*7*
37%
35%
38
38%
TK urt.
F ri.
38
36%
37%
H oli
day.
Oats for future delivery in the Western market have been
quiet and the course of prices has followed closely after corn.
Early in the week there was a fractional advance on some
baying by shorts to cover contracts and reports of delayed
seeding; then came a slight reaction under liquidation by
longs, bat later the market again turned firmer in sympathy
with other grains, and price* advanced slightly. To-day the
market was doll and unchanged.
daxlt
c n o m x o p a icx s o s oats i s N E W Y O R K .
8 a t.
X oh . r u « .
W ed
TKurt.
No, 2 mixed la elev........
No. 2 white In elev..........
33%
36
F ri
33%
33%
33%
33%
33%
36
38
38
30%
30%
DAIXT CUMISO PRICES OP SO. 2 MIXED OATS 18 CH IC AG O .
S o l.
M art,
T u et.
W ed.
T K u r t.
May delivery sa elev___ 28%
July delivery la elev....... 21%
28%
25%
20%
24%
28%
25%
26%
25%
F ri
Hoi;
day.
Bye has been steady and a demand has continued from
exporters for supplies at opening o f navigation. Barley has
been dull.
Following are the closing quotations :
rootra.
Patent, w in te r.......*3 80
Pine.— . . . . . ____ 82 15 * 2 25
B op ertn *____ ____ 2 30 9 1 40
Extra, No. 2 ___ . . . 2 50 32 85
Rxtra, No. I . . . . . . . 2 115 3 3 00
Belters' extra........
2
85
S t r a i g h t * .................... 3 t o
Patent, S p r in g ..... 3 85
33 35
33 50
3 4 85
» 3 90
City
extras.. 4 50 3 4 75
Rye Boor, eonerflne 3 00 3 3 40
Buckwheat Boar........... .
Western, etc......... 2 05
B r a n d y w i n e ........
* 2 10
2 15
rwheal Soar la aaoka cell* at arleee below thoee tor barrel*.
Wheat—
Hard Dnlnth,N o. 1
N’th'nlm in th .N o. 1
Bed Winter. No. 2 Hard Man.. No. 1 ..
Oats—M ix'd, per beh.
W h ite . . ....................
o.
o.
8 6 % »8 8
31*383%
80 % »8 2
82% 3 94
32 3 3 4 %
35
933
No. 2 tn lx ed ....... .
33% 334%
Wo. 2 w h i t e 3 8 % 837%
Corn, per bn*h -
__________
e
Western mixed..
No. 2 m ixed ___ _
Western Yellow..
Weetern White...
Bye—
Western, per baeh. . 58%36S
State and Jersey....... 00 864%
B arley—Weetern . . . . . . . 4 8 * 5 7
Feedlnx___ . . . . . . . . . 4 2 a . . . .
47
28
1 2 ,0 t 2
326
953
333
3 8 ,8 0 4
3 .9 9 0
1 0 ,5 1 0
5 ,6 4 2
3 ,5 7 4
1 ,0 8 0
1 ,5 4 6
1 2 ,4 0 6
2 ,0 3 6
2 ,9 2 3
9 3 ,5 4 6
1 3 ,6 3 7
8 0 ,3 9 4
200
2 ,9 2 3
9 3 ,5 4 6
1 3 ,6 3 7
8 0 ,5 9 4
Other E u rop ea n ..
China........... ......... .
In d ia......................
A rabia....................
975
A f r i c a .........................
W e s t I n d i e s .............
M e x i c o .......................
C e n tra l A m e r i c a S o u th A m e r ic a ...
O th e r C o u n t r ie s ..
402
222
3t>6
559
6
143
218
168
242
569
154
C h in a , v i a V a n c o u v e r '___
1
The value o f the New York exports for the year to date
has been $3,294,518 in 1899, against $3,829,302 in 1898.
Heavy brown sheetings and drills continue very firm and
aotual business is restricted thereby, orders on both home
and export account being frequently turned down. There
has been some irregularity in light grey goods, but tone
steadier at the close. Heavy coarse colored cottons are firm,
denims particularly so, few leading makes being instock.
There baa been a "quiet demand for bleached cottons in all
grades, bat the market preserves its firmness, and in wide
sheetings also a quiet demand has no effect upon the tone.
Cotton flannels and blankets and qnilts are quiet but firm.
No change in kid finished cambrics or other cotton linings.
Business in prints moderate. Stocks o f both fancy and
staple lines are much smaller than usual at this time of year,
and prices are firmly maintained. Staple and dress ging
hams scarce and firm. There is a good demand for new fail
lines of fancy cotton drees goods.
F oreign D ky G oons.—General demand moderate. Dress
goods steady. Silks tending against buyers. Ribbons firm.
Linens also firm. Men’s wear woolens and worsteds quiet,
(naportatlonaand W a r tk o n u W l i b d n w t l i o f Dry G eoS i
The importations and warehouse withdrawals o f dry good*
at this port for the week ending March 80, 1899, and since
January l, 1899, and for the corresponding periods of last
year are as follow s:
K „
3
aH
—
.o
mil
s
§•
S3!
*•
§•
i
An if
if
l <C
: »: 5
a
l
*1e
; i 3
X
GO
-
C DO QO * »
*v«t) a
fe:
* <4 a p X
6 8 ►-X »-idi>cdai
^J$0 K5* * 3»-J *.
35
W
s
•;
oe
ox
Id
c. *»
in1
f*
Vw
<»«
Vo
v5
oowbo —
IdX W C5
MWOH8
a ¥
is
co>.
-°!
»I
fr a o o o
W
pwp
ototox c*
coteeaio «*■
Id
G>V*
V o #4051®
OOMslffi
f£C*«D
w*>-* c ® s a *
—C5
«VjfZorZ
o *e*.»
SfOidO-*
O5
S*
£ **M*0|d
«4t0
«*- C 0OKCO f l
Id
w*9)M
“*w
-I *
2 ;•®
W
w
►*00
x uoao 5 a
*-*Ofd‘J*y
ow
—M»- Idto § *o
■X 35
Id
Id
<-*0
X
w
COX G» <1
Vw 05
o x c c it o o
gs
S||
©*> <I<0*-4^3CM
»-*x »-o -a s«
<tp ®ppK4'i
w'm ©bow®
tox
L*->3© V*
l’ a
Old
CS00O
oocccs"—
idC3 i—
o«»oo
X-4WO®
t o w o ^ j e I_
W n V o i O 1o
v i O 'J X f G ; R
W® Id Id-J
St
M»-*
I^2
«g
t*
Old
—fd C
d-'rt ! ?
W#»*-CDO I
a
-$Vd
W-J *jqoO
«•© M#W®W
Vw ob*.
302,254
1,161,308
N ew Y ork , F riday , P. M., March 81, 1899.
The quieter conditions referred to last week have been prolonged thsongh this, and for the matter of that little change
is expected for two or three weeks to come so far as the pri
mary market is concerned. This is not disturbing sellers to
an appreciable extent. The close of the first qnarter of the
year is always a qniet time and more natural this year than
nsuai on account of the very extensive business transacted
daring the past three months in most lines of dry goods. The
record in the cotton goods division has probably never been
exceeded. As a result the latter is in an unusually strong
position and well able to stand a lull In the demand without
pnw » suffering to any extent. Bad weather has again told
the local jobbing trade, hot the reports coining to
hand from other quarters are still encouraging, distribution
continuing <,n quite a liberal scale and keeping stocks be
tween the primary market and the retail trade from accnuinlating. In the woolen goods division new dress fabrics
or fall are doing well, bat the men's-wear division contin
ues qniet. Silks ate strong. Collections satisfactory.
W oolen G oods,—The business in men's-wenr woolen
worsted fabrics in heavy-weights continues qniet in the
aggregate. Some lines of heavy serges have sold well enough
to be withdrawn, bnt the majority of agents are still decidedly
—tc—x w
3,061
6,019
1,933
5,170
190.733
TRADE,
; ,
4-»
aid
00Id
fc'l
M
F: : I s
bj
1
GOODS
N in es J a n
60S
200
5 2 ,1 0 9
978
9 ,7 7 9
2 ,2 2 6
7*262
1 .3 0 2
2 ,1 0 9
1 4 ,3 0 4
2 ,0 6 3
26
47
206,916
205,070
DRY
W e ek .
G r e a t B r i t a i n ..........
T ota l........... ............ .
1898
1
S in c e J a n . 1.
e.
. . 42% 844
.. 4 2 *3 4 4
.„ 4 1 % S 4 3 %
N e r • t f e c r t a l l M a e a m l l v e l v e o h e r e a t i e a s e 6 0 2.
THE
W e ek .
3 ....
C o r n m e a l—
o r a im .
T o r s to M a r c s 27.
• F r o m N e w E n a ia o a m ill p o in t s d ir e c t .
Y O R K .
T h u rt.
1899.
new
<$015000
boo^VoQ
M
H»Mt$a|d
'Ipldp-J
w*- a x a
id
*-*o o*
c*yo
Voccw ’^
cnujwMP
g 2 e1-om h "d>
W
Otd o*a o ’-* x
*-x « wtoa o«
->o
w o w o Vo
V
rdo -wc.Si®
►-•tAjaocpx
H W r*O M
dOHOi®
»w o «tc
to o o < o
CO tO GOC 5M
VbVb^
Idpj CBOi jt*
b b ’tdb-1
OCOfOsJW
O w y coio
THE CHRONICLE.
634
[V o l .
Lxvm,
required by law for such advertisement should expire and
no petition for an election be filed (thus showing that no
objections are entertained against the bond issue), then Mr.
McHenry will be ready to receive bids at once.”
T E R M S OF S U B S C R IP T IO N .
Anderson, S. C. —Bond Sale.—On March 25, 1899, the
$8,000 city-hall bonds were awarded to W. J. Hayes & Sons,
The I nvestors’ S upplement will be furnished without Cleveland, at 102'40 for a i]4% 20 year bond. Securities will
artra c h a r g e to every annual subscriber of the Commercial be dated April 1,1899.
Andover (Tow n), Mass.—Ronds Voted.—This town re
a n d Financial C hronicle .
The State and City Supplement will also be furnished cently voted to issue $30,000 3J£i£ sewer extension bonds.
Securities will be in denomination of $1,000, dated April 1,
w i t h o u t extra charge to every subscriber of the Chronicle .
The Street Ra il w a y S upplement will likewise be fur 1899; interest will be payable April 1 and October 1 at the
Bank o f the Commonwealth, Boston. Principal
nished without extra charge to every subscriber of the National
will mature April 1, 1904. Date of sale i3 n oty t determined;
Chronicle.
we are advised it will probably be within three weeks.
The Quotation Supplement, issued monthly, w ill also be
Arlington, Ore.—Bonds Voted.—At the election held on
furnished without extra charge to every subscriber o f the March 8 , 1899, the vote was favorable for the issuance of the
C hronicle.
$10,0 )0 funding bonds. Details of the issue are not yet de
TERMS for the C h r o n i c l e with the four Supplements termined upon.
Atascosa County, Texas.—Bonds Approved.—The A ttor
above named are Ten Dollars per year within the United
States and Twelve Dollars in Europe, which in both cases ney General has approved the issuance of $19,000 refunding
jail bonds and $2,500 refunding bridge bonds.
includes postage.
Atlantic County, N. J .—No Bonds to be Issued. —It has
been stated that this county will issue bonds for the exten
Terms o f A dvertising—{P e r Inch Space.)
sion of the insane asylum. Upon inquiry we find that no
Transient m atter (eaoli tirae)$4 20 , Three Months (13 tim es). .$29 00 bonds will be issued, but that the amount needed for this
st a n d in g business c a r d s .
Six M onths
(26 tim es).. 50 00
T w o Months (8 tim es).........$22 00 ' T w elve M onths (52 tim es).. 87 00 purpose will be included in the budget for 1899.
Bellevue (B orough), Pa.—Bonds Proposed.—Theissuance
of street-improvement bonds will be considered at the next
C alifornin.—Legislative Bills.—Among the bills passed by meeting of the Borough Council.
the State Legislature recently adjourned was one providing
Bexar County, Texas.—Bond Call.—John W . Tobin,
for a Constitutional amendment (known as Senate No. 14)
exe mpting from taxation all bonds that shall hereafter be County Treasurer, has called for payment March 28,1899, at
issu ed V-y the State of California, or by any county, city, tbe National Park Pank, New York City, or at D. & A.
municipal corporation or district in the State.
Oppenheimer’s Bank in San Antonio, Texas, fourteen $1,000
Camden—Stockton, N. J .—Annexation Bill Passed.—The court-house bonds Nos. 1 to 14, inclusive, and dated June 15,
State Senate has passed House bill No. 154, annexing the
1888. Interest ceased on March 28, 1899.
tow n of Stockton to the city of Camden.
Ihe official notice o f this call will be found among the ad*
Cape May Point, N. J .—Borough Re-created.—Senate bill
No. 95 re creating the borough o f Cape May Point has vertisements elsewhere in this Department.
passed the House.
Boone County, Iow a.—Bond Offering.—Proposals will be
Colorado.—Refunding Bond Bills Passed by Senate.—The received until 10 A. M. to-day (April 1, 1899), by B. M. HuntState Senate has passed bills enabling counties and school ley, County Treasurer, for $10,000 5% jail bonds. Securities
districts to refund their bonded indebtedness.
are dated April 1, 1899. Inter- st will be payable semi-annu
Minnesota.—School Bonds Authorized.—The State Legisla ally, and the principal will mature April 1, 1904.
ture has passed a bill providing for the issuance of bonds for
Boone County School D istrict No. 6, Belvidere, 111.—
the purchase of sites and erecting school houses in indepen Bond Sale.—On March 17, 1899, the $20,00u 5% bonds were
dent districts.
awarded to Farson, Leach & Co., Chicago, at 108'535. Se
School P\md Investments.—Senate bill No. 373, providing curities will mature yearly as follows: $1,000 from 1900 to
for the purchase of municipal bonds for the permanent 1905, $3,000 from 1906 to 1909 and $2,000 in 1910.
school and university fund has passed that body.
Boston, Mass.—Bonds Proposed.—The House o f the State
Nebraska.—Bond Bill Signed.—Tbe Governor has signed Legislature is considering a bill allowing the city of Boston
a bill recently passed by the State Legislature authorizing to issue outside of the debt limit $500,000 park bonds.
cities of the second class and villages to issue bonds in aid
Braddock, Pa.—Bond Sale.—On March 23, 1899, the $81,o f internal improvements.
500 i.%% reservoir coupon bonds were awarded to Edw. C.
New Jersey.—Legislature Adjourns.—The State Legisla Jones & Co., Philadelphia, at, it is stated, 115'92. For de
ture adjourned on March 24, 1899.
scription of bonds see Chronicle March 11, 1899, p. 488.
School Fund Investments.—The House has passed Senate
Buffalo, N. Y.—Bond Sale.—The Comptroller has been au
bill No. 219, authorizing the State Treasurer to invest the thorized to issue a bond for $1,230 for the payment of claims,
public school funds in the bonds o f the several school dis which bond is to be taken by the Park Bond Redemption
tricts.
Sinking Fund at par. Bond is dated March 15, 1899, and
New York State.—Biennial Sessions Defeated.—On March
28, 1899, the motion to take from the table the resolution bears interest at 3$. Principal matures July 1, 1900.
Buffalo County, Neb.—Bond Sale.—On March 22, 1899,
providing for biennial sessions of the State Legislature was $54,000
4$ 10-20-year (optional) refunding bonds were awarded
defeated. The vote was 25 in favor and 24 against, but the to C. H Imhoff, Lincoln, at 103'31.
motion was lost in accordance with an agreement made last
Callender (Io w a ) School D strict.—Bond Offering.—Pro
week tnat unless the advocates of the measure could muster
26 votes—a majority of the Senate—the resolution should be posals will he received until May 1, 1899, by Samuel Bol
linger, Secretary, for $3,000 school bonds which were voted
regarded as killed for this year.
on March 4, 1899. Interest will be payable semi annually,
South Dakota.—.BiW Reducing Legal Rate o f Interest De and
the principal will mature in ten years, subject to call
feated .—We are advised that the State Legislature failed to after five years. Bidders will be asked to name the rate of
pass the bill reducing the legal rate of interest to 10# on con
interest at which they will take the bonds.
tract and 7% without.
Carlton (Town), Orleans County, N. Y.—Bonds Voted.—
Tennessee.—Contracts Payable in Legal Tender.—The
Sta te Legislature has passed a resolution reading as fo llows: This town recently voted to issue $14,000 bridge bonds. The
details of this tissue and date o f sale have not yet been de
I »B J i t en acted b y tH e'G en om rA ssen ib ly o f T h e 'S t a t e o f T e n n e s s e e ? T h a ta ii
termined.
£ e re a fWy e x e c u te d o r payable In th is S tate f o r th e paym ent o f anv
su m o f m on ey, w hether In gold, sliver o r coin, m ay b e discharged ov anv
Carthage, Mo.—Bond Sale.—On March 21, 1899, the $25,m o n e y w hich is by law a legal ten d er fo r ih e paym ent o f debts w h in th e con7
000 electric-light plant bonds were awarded to the Trow
t r a c ts
u ^ h b ^ l^ tjs jm ^ a p p jv t<> existin g c o n bridge. MacDonald & Niver Co., Chicago, at 107 55 for a 5%
It^will be remembered that early in the year Governor Mc- bond and blank bonds. Following are the bids:
Mill an vetoed several bills providing for the issuance of
For a 5% B on d —
P rem iu m .
For a 4% Bond—
P rem iu m .
Feder. H olzm an& Co.. Cincln...$390 00
Trowbridge, MacDonald &
bonds payable in gold.
Niver Co.. Chicago.............. *$1,887 50 G. M. Brinkerhoff, Sprinef’d.Ill. 376 51
Constitutional Convention Bill,—A. bill has been intro
For a 4% Bond—
Briggs. Todd & Co.. Cincin........ 262 50
Denison, Prior & Co., Cleve........*269 00
duced in the State Legislature providing for an election to W . J. Hayes & Sons, Cleve...... $773 00 S.
A . Kean, C h ica g o .................. 63 50
vote on the question of holding a Constitutional Convention.
* Blank bonds.
“ isconsin.—Municipal Bonds Authorized by Senate,—'The
Principal will mature May 1, 1919, subject to call $10,000
Sen ate has passed a bill permitting municipalities to issue after five years, $10,000 after ten years and $5,000 after tif
bonds for the purchase and maintenance of telephone lines. teen years. For further description of bonds see Chronicle
March 18, 1899, p. 537.
Cass County, Mo.—Bond Sale—Bond Redemption.—We
are advised that of the $250,000
bonds called for payment
Bond Proposals and Negotiations this on
April 1, 1899, $100,000 will be paid in cash on that date,
week have been as follows :
and the remaining $150,000 will be refunded at par into 4£
20-i ear bonds, the bonds to be issued in denomination of
o f ) le,! . ? 0u? ty (P-° - ScottsvIUe), Ky.—Bonds Not Ye $ 1 ,0 0 0 . .
been reported that this county had sold *175,
Catskill, N. Y. —Bonds Authorized b y Legislature.—The
600 bo Dels. Upon inquiry we learn that the bonds are no State Legislature has authorized the issuance of bonds for a
yet sold. W. N. Cook, County Treasurer, writes us tha Village hall.
the contract to sell the bonds has been made with Jno. J
Cattaraugus County, N. Y.—Bond Sale.—On March 27,
M cH enry. Attorney at Law, Louisville, Ky. The Court hai 1899, the $50,000 4% refunding bonds were awarded to Joseph
advertised its intention to issue bonds, and if the 30 day: E. Gavin, Buffalo, at 102-325. Following are the bids :
• ta t*
a n d
C ity
D * fA f* T M * flT ,
THE CHRONICLE,
A pr il i , l ^ o . )
Jo-epQ h . Garin, Buflalo.....*51,162 5<’ i Benwell A Everitt, N. Y.»----#50.910 00 inclusive.
Erie County Savings B*nk - 61, e5 <o '-ertron &. Storrs, N. Y ........ 6 0 ,>50 00
L W .^ S & ^ P o^ S ep S ie 51>* Oo |R. B. Smith A Co.. S L Y ....... 50,825 00 21, 1899.
Allen. S&nd a Co*, New Y orfc. 51,033 50 Joae, Parker A Co.. B oston.. 50,7^8 00
Fidelity A G uarantee Co.......5C.972 00 S. A . Kean, Chlcaao.... ............ 50.71500
G e o . 14. Hahn. N ew Y o r k .. .. f 0 02500 1 E d w . C. Jones A Co.. N. Y .... 50,2*000
W . J. Hayes a Sons, O e r e ... 50,917 0 0 1
Principal will mature $10,000 yearly on March 1 from 1900
to 1804, inclusive. For further description of bonds see
C h r o n ic l e of last week, p. 582.
Centrevllle (Iow a ) School D istrict.—Bonds Proposed.—
This district has under consideration the issuance of from
$15,000 to $18,000 refunding bonds. Interest will be from
3% to is, and the principal will mature in ten years from
date, subject to call after five years.
College Hill (V illage), Ohio.—Bond Offering.—Proposals
will be received until 12 m. May 1, 1899, by J. E. Bruce.
Mayor, at the office of E. F. Layman, 32 East Third Street,
Cincinnati, lor $40,000 5? water-works bonds. Securities
are in denomination o f $500, dated May 1, 1899. Interest
will be payable semi-annually at the Citizens' National Bank,
Cincinnati. Principal will mature May 1, 1929.
Colorado Springs, Col.—Bids.—Following are some of
the bids received on March 20, 1899, for the $50,000 4% 10 15year (optional) waterworks bonds and $85,000 4f 15-30-year
(optional) refunding bonds:
Prem ium . J
P rem iu m .
Lamprecht Bro*. Co-Cleveland.#-.512 |Brians, Todd A Co.. CintinimU.. .$1,482
N. W. Harris A Co*. Chieaico...,,.
Farsue, Leach A Co., Chicago.... 3.403
ELH- Rollins A tfons. Dourer .. 5,'4 ft JLaaon, Lowts A Co,,Chicago. ... IrjSlG
W. J. itajrtKs A Son*. Clorotund.. 4,41^0 I
As stated last week, bonds were awarded to the Lamprecht
Bros. Co., Cleveland, at 105*906.
CoIam bus(Ohlo)School District.—Bond Sale.—On March
28, 1899, the $12,000 4* school bonds were awarded to Feder,
Holzman & Co,, Cincinnati, at 100-905 and accrued interest.
Following are the bids :
Ew ler, H o ta n u x a C o . C ln.. 6IS.1S8 «71 W . J . U a r « It Bona. C lo v e ., . * u . o c t 00
la m p r e c h t Brew. Co. C le r e .. IS jd O fO B . K)eytK>he A C o -. C ln d n . ,. iMJft7 50
NeirUIN*'
BeaaajQg'o«l a M ayer, C t& dn, l i j s t 75 r i m Nat, Bank, O u ia » n tU .. l».566 t o
Denhfcm. P rior A C o.. C l t r o .. 13,110 00 O h io Nat. Bank, 1'oium ba*. . ifc r&62 00
Brings, T o d d A Co.. C tectn. 13.uk>) 00 . M ahoney A M m tin . CaF'mb’t. 12,000 00
Bonds mature March 1, 1917. For farther description of
bonds see Chronicle March 18, 1899, p. 537.
C'olnmlins, Win.—Bond Election.—On April 4, 1899, this
city will vote apou the question of issuing $10,000 (or less)
electric-light plant bonds. If the vote is favorable the se
curities will bear 4* interest, payable at Columbus, and the
principal will mature within ten years.
Connell Bluffs (Iow a ) School District. —Bond Offering —
Proposals will bo received until 12 m. May 1, 1899, by Geo.
S. Davis, Treasurer, for the $87,000 4<S school building bonds
which were voted March 13 (not March 1. as reported), 1899.
Securities will be in denomination of $1,000, dated July 1,
1899-,Jnterest will be payable semi-annually at the office of
the United States Mortgage «fe Trust Co., New York City.
Principal will mature July 1, 1909, subject to call after July
1, 19W. Bonds will be issued under Section 2812 of theCode
o f 1897, as amended by Chapter 95 of the Laws of the 27th
General Assembly, Proposals must be accompanied by a
certified check for $500, and the bidder will be required to
furnish blank bonds. The official circular states that the
district has never defaulted in the payment of interest.
Cranston, R. I.—No Bonds Sold Recently.—It has been re
ported in a number of the papers that $50,000 of the $150,000
H funding bonds voted in 1897 were recently sold by this
town to the State Treasurer. In reply to our inquiry D. D.
Waterman. Town Clerk, writes ns that no bonds have been
sold since 1897, and that the town officers do not expect to
issue any more soon.
Creston, low s. - No Bonds to be Issued.—We are advised
by S. A. Brewster. City Clerk, that the report in some of the
newspapers that an election would soon be held in this city
to vote on issuing $18,000 bonds in aid of the M. & St. L.
Railroad is incorrect. No bonds o f any kind are to be
UKuod.
Danville, Pa.—Dow/ Election.—Oo April 25, 1899, the cit
izens of this place will vote on the question of issuing $15,000 bondB for the purpose of purchasing or erecting an elec
tric light plant.
Denver, CoL—Bond Election Proposed, —The question
of voting on the issuance of $400,000 bonds for an auditorium
is being considered.
Detroit, Mich.-B o n d Sole,—On March 27,1899,$38,000 4%
public-bmldlng bonds were a warded to the Detroit Sinking
Fand Commission at 123-09. Following are the bids received:
Sink. F d fVjmrnlMEin. .153*09
W . J. Hay<s* A Son*. Cleveland. U8J80
Oaowom i) A JennUon, H . V ....117 ?*
Frtor a C«- Clere.....l l f l l
R. Kleyfeolte A Co^ Cincinnati. n ; oo
Lamprecht Urn*. Co., n ew *___ 116, «6
Bert run A Btorr*. N «w Y o rk
110*17
Rdw\ E Jonea A Co*.New York. 116"10
§e**ozufr>Qd A Mayer, Clnetn 116*09
C, H. White A Co.. New York..,115*47
Peninsular Saw , Bank. Detroit .111*18
■John T. Shaw, D e tr o it ............... n>-$4
J.
I*. Harper. Detroit........... 1 ^ 2 7 6
.nES0®?*1®8 ar® in denomination of $1,000, dated April 1,
1899, Interest will be payable semi-annually and the prin
cipal will mature April 1. 1929. Mr. Blade's, City Comp
troller, writes us that, to the best of his knowledge,
inis is the first time in the history of the city of De
war ln» ^kich the Sinking Fund Commissioners were
Madera for an original issue of Detroit bonds. The price
paid nets the Commission abont 2-85*. They are receiving
at present from their depository 2 55* on daily balances.
T .,*n **•*• ( p « - » School District.—Bond# Voted and Sold.—
nla district has sold at private sale to The Lamprecht Bros.
Cleveland. $40,000 school bonds on a
basis. Securi
tiee will mature $5,000 every five years from 1004 to 1929,
635
These bonds were voted at the election held Feb.
Durand, M ich.—Bond Offering.—Proposals will be re
ceived until 6 V. m . April 24, 1899, by W . H. Putnam. V il
lage Clerk, for the $3,000 5* village hall bonds voted at the
annual election held March 13, 1899. Securities will b e in
denomination of $500; interest will he payable January 1 and
July 1 at the Shiawassee County Bang, Durand. The prin
cipal will mature $1,000 yearly on July 1 in the years 1 910,
1911 and 1912. Proposals must be accompanied by a certi
fied check for 10*, par value, o f the bonds bid for.
Evanston,111.—Botid Sale.—On March 14,1899, $6,000 4*
judgment bonds were awarded to Farson, Leach & Co.,
Chicago, at 102-10. One other bid was received—that o f the
State Bank of Evanston at 101-523. Securities are in de
nomination of $1,000, dated Feb. 1, 1869. Interest w ill be
payable February 1 and August 1, and the principal will
mature $1,000 yearly.
Evanston (111.) School D istrict.—Bonds Voted.—'T his dis
trict recently voted to issue $72,000 4* school-building bonds.
Franklin County, Ohio.—Bond Sale.—On March 25, 1899,
the $120,000 45 bridge bonds were awarded to the New First
National Bank o f Columbus at 102-604. Bonds mature $6.000
yearly on April 1 from 1900 to 1919, inclusive. For fur
ther description of bonds see Chronicle March 18, 1899,
p. 537.
Fresno, Cal.—Bond Proposition Defeated.—W e are ad
vised that the calling of an election to vote on the question
of issuing $100,000 city hall bonds has been defeated for the
present. The question will most likely be taken up agai n in
the fall.
(leorgetown, B y.—Bond Offering.—Proposals will be re
ceived until 12 m. April 15, 1899, by A. H. Sinolair, M ayor,
for the $12,0004* public-building bonds which were author
ized at the election held Nov. 8, 1898. Securities are in
denomination o f $500, dated March 1,1899. Interest w ill be
payable March 1 and September 1 at the Deposit Bunk of
Georgetown. Principal will mature $1,000 yearly on March
1 from 1900 to 1905. inclusive, and $1,500 ye'nrly on March 1
from 1906 to 1609, inclusive.
Proposals will be received at the same time and place (pro
vided that the ordinance now pending pastes the C ouncil!
for $8,000 4* funding bonds. Securities will be in denomi
nation of $500. Interest will be payable May 1 and N ovem
ber 1 and the principal will mature $1,000 yearly on N ovem
ber 1 from 1910 to 1917, inclusive. Tbe total debt at present
is the $8,000 abont to be funded. The assessed valuation is
$1,613,418.
Gloucester, Mass.—Temporary lo a n .- This city has nego
tiated an eight-months loan o f $50,000 at 3 04*.
Goliad County, Tex,— Bond Sale.—T h e $65,(00' 5 * refu n d
ing court-house bonds recently approved bv the AttorneyGeneral have been sold to J. B. Oldham, Dallas, at 102-01
and other considerations. Securities are in denomination
o f $1,000, dated March 10, 1899, Principal will mature
March 10, 1919, subject to call $2,000yearly from two to nine
years, and the balance after ten years. Interest w ill be
payable April 10 o f each year at the Hanover National Bank,
New York City, or at the office of the State Treasurer.
Green Bay, Wig.—Bond Sale.—On March 27. 1899, the$6,500 4* refunding bonds and $15,000 4* school bonds w ere
awarded to Farson, Leach & Co., Chicago, at 108-52. F ol
lowing are tbe bids:
y . n - 0, U » h * C o _ Ct>ic... IK.atrfl 7& | K e llogg tu > . Bk.. G reen B »/.| 2 2 ,0 S S OO
W . 4. H e r e * ,* S t t o e .C la r e ... 33.401 o o f V ie r . H oltm n n a Co., c i t i . . . 2t.(M 0 20
N. W , H arris * C o , C b lm g e . * » , « « So I O t u r o * ’ S a t .B k „ G reen B ar. *1.600 00
D en lroa, P rio r X C a . C l e r * ..
, M cC artney Mat, B k „ G. B a r .. 31,600 00
8. A . K ean, C h ic a g o .................K .1 0 T t 6 l
The refunding bonds mature $500 yearly on Janu ary 1
from 1900 to 1912, inclusive, and the school bonds $ 1,000
yearly on January 1 from 1900 to 1914, Inclusive. For fur
ther description of bonds see Chronicle March 25, 1899,
p. 583.
Green County, Tenn.—Bonds Authorized by House.—The
House of the State Legislature has passed a bill authorizing
the issuance of $100,000 road bonds.
Hamblen County, Tenn.—Bonds Proposed.—A Mil has
been introduced tn the State Legislature providing fo r the
issuance of bonds.
Hartford. Conn.—Loan Negotiated.—The loan o f $118,666 47 which we recently reported as having been author
ized has been negotiated with the Society for Savings of
Hartford at 3l£t on a demand note.
Herman, Neb.—Bond Sale.—This village has sold the
$2,000 4 ) 0 5-20-year (optional) water works bonds to J . H.
Chambers, Cashier Plateau Bank, Herman, at par less $150
commission.
Humphrey, Neb,—Bonds Tooted.—This place has voted to
issue $5,600 6* 5-20-year (optional) water works bonds. Se
curities will be issued in denomination of $400 and the in
terest will be payable annually. The bonds, we are advised,
will be sold in about thirty days, the exact date of sale not
yet being determined.
Idaho Falls, Idaho.—Bond Sale.—This city recently sold
to Duke M Farson. Chicago, at par $30,000 8* coupon water
works bonds. Securities are in denomination of $1,000 and
mature April 89. 1919, subject to call after April 29, 1 909.
The bid of the Chicago firm was tbe only unconditional one
received, although a number of others were presented.
Jackson County, Ind,—Bond Sale.—According to rep orts
this county recently sold $115,736 gravel road bonds to A .
F. Ramsey & Co., Craw ford sville, at 104-501.
636
THE
C H R O N IC L E .
Jackson County (P . 0. Edna), Texas.— Bond Offering.—
Proposals will ba received until 2 p. M. June 16, 1899, by
John O. Rowlett, County Judge, for $15,000
10-20-year
(optional) refunding bonds. Securities are in denomination
of $500, dated April 10, 1899. Interest will be payable seimannnally. A draft or certified check for $300, payable to the
County Judge, must accompany bids.
Johnson City, Tenn.—Bonds Authorized, by Senate.—'The
Senate lias passed a bill authorizing this city to fund its
judgment indebtedness.
Kalamazoo, Mich.—Loan Negotiated.—On March 8, 1899,
this city borrowed $20,000 from the City National Bank,
Kalamazoo, at
Loan will mature five months from
date.
Kearney, N. J .—Loan Authorized.—Atarecent meeting ot
the Common Council the Town Treasurer was authorized to
borrow $3,000 in anticipation of the collection of taxes.
King Couuty, Texas.—Bonds Redeemed and Bonds Sold.
—This county has redeemed $3,000 bridge bonds. W e are
advised that the same amount of refunding bonds have been
issued and sold.
Lac Qui Parle County, Minn.—Bond Issue.—We are ad
vised that this county will negotiate a loan of $30,000 at
for the erection of a court house. Loan will be made with
the State.
Lebanon, Pa.—No Bonds at Present.—In the C h r o n i c l e
Feb. 11, 1899, we stated that the City Council had under
consideration the refunding of outstanding water bonds.
W e are now advised that the Council for various reasons has
abandoned the project for the present.
Lewis County, Tenn.—Bonds Proposed.—A bill now before
the State Legislature proviles for the issuance of borfds.
Lexington, Tenn.—Bonds Authorized by House.—The
House has passed the bill authorizing the issuance of $5,000
school bonds.
Llano County, Texas.—Bond Sale.—Rudolph Kleybolte&
Co., Cincinnati, have been awarded $61,000 /P/i% refunding
court-house and bridge bonds o f this county.
Lowville, N. Y.—Bonds Voted.—At the election held
March 23,1899, the issuance o f $30,000 town-hall bonds was
authorized.
Lynn, Mass.—Bond Sale.—This city recently awarded to
Blake Bros, & Co., Boston, $30,000
20-year registered
bonds at 112-56. Following are the bids :
Blake Bros. & Co.,Boston...........112 56 I B lod«et, Merritt & Co., B oston. 111*78
K. 11. Kolllns & Sons. B oston ...112*657 Parsinson & Burr, Boston........ 111*68
Estabrook & Co.. Boston........... 112*05 I R. L. Day .* Co., Boston............. 1 1 1*586
W . Holman Cary;& Co ,Boston...lll*873 I Adams A Co., B oston................. 111*5 *3
Hines & Cummings, Boston...... 111*79 |N. W . Harris A Co.. New York.. 111*30
Marlborough, Mass.—Bond Offering.—Proposals will be
received until 10 A m . to-day (Apr. 1,1899,) by C. F. Robinson,
City Treasurer, for $20,000 i% coupon notes. Securities are
in denomination of $2,000, dated March 30, 1899. Interest
will be payable March 30 and September 30 at the Winthrop
National Bank, Boston. Principal will mature $2,000 yearly
on March 30 from 1900 to 1909, inclusive.
Martin’s Ferry, Ohio.—Rond Election.—On April 3, 1899,
the question of issuing $35,000 water-works improvement
bonds and $3,500 fire department bonds will be voted upon.
Maryville, Mo.—Bond Election.—An election will be held
to vote on the question of issuing bonds for a public library.
Mason City (Iow a ) School D istrict.—hand Sale.—On
March 3, 1899, $20,000 of the $23,000 refunding bonds for
which proposals were asked until March 2 were awarded to
H. A. Merrill, President of the City National Bank, Mason
City, at 102’075 for
binds. The remaining $3,000 will lie
paid by the district. Securities mature April 2, 1909, sub
ject to call after April 2,1904. For further description of
bonds see C h r o n i c l e Feb. 18,1899, p. 344.
Massena, St. Lawrence County, N. Y.—Bonds Author
ized by Legislature.—'This village has been authorized to issue
$20,000 bonds by A ct of the Legislature.
PyjMattoon, 111.— Bond Election.—It is stated that an elec
tion will ba held to vote on the question of issuing $15,000 i%
refunding bonds.
Media, P a .—Road Offering.—Proposals will be received
until 8 p . m . April 5,1899, by the Finance Committee of the
Borough Council, for $100,000 bonds. Of this issue $75,000
are for the purpose of redeeming existing indebtedness and
$25,000 for water-works improvements. Interest will be at
a rate not exceeding
payable semi-annually. Bonds
are dated May 1, 1899, and mature as follow s: $5,000 in
1904, $10,000 in 1909, $15,000 in 1914, $20,000 in 1919, $20,000
in 1924 and $30,000 in 1929.
The official notice o f this bond offering will be found among
the advertisements elsewhere in this Department.
^M emphis, Tenn.—Bonds Proposed.—The Legislative Coun
cil has passed a resolution directing the City Attorney to
draw up a bill for presentation in the State Legislature, pro
viding for the issuance of $300,000 bonds for a new city hall.
Minneapolis, Minn.—Certificates Authorized by House.—
The House of the State Legislature has passed a hill author
izing the issuance of $150,000 certificates of indebtedness for
furnishing the two lower stories of the new City Hall,
Montpelier, Vt.—Bond Offering.—Proposals will be re
ceived at any time for $40,000 'A%5 20-year (optional! refund
ing bonds. Interest will be payable semi-annually at M >nt
pelier. This city is also in the market for a loan of $30,000
in anticipation of the taxes which are payable prior to Oct.
1, 1899.
[V O L .
LXVHI.
Moore County (P . 0. Carthage), N. C.— Bond Offering.—
Proposals will be received until 1 P . M . April 3, 1899, by the
Board of County Commissioners, J. E, Buchan, Chairman,
for $7,000 to $8,000 6% refunding bonds. Interest will be
payable annually at Carthage, and the principal will mature
$1,000 in 1907 and $1,000 every January thereafter until
paid.
Nashville, Tenn.— Bond Ordinance Vetoed.—The Mayor
has vetoed an ordinance recently passed by the City Council
providing for an election to beheld April 27, 1899, to vote on
the question of issuing $150,000 Z% bonds for the purchase of
park land. The Mayor in his message stated that the price
asked for the ground ($150,000) was excessive, and if paid
would leave nothing for the improvements thereon. The
Conncil sustained the veto.
New B ritain, Conn.—Bonds Authorized.—A resolution
has passed the State Legislature authorizing the issuance of
$150,000 bonds.
New Hampshire.—No Loan at Present.—Hon. Solon A.
Carter, State Treasurer, writes us that he will probably not
be obliged to negotiate any part of the loan recently author
ized by the State Legislature for tw o years at least. The
law was only passed to provide for a possible emergency. At
present, Mr. Carter says, the treasury has funds for all ob
ligations in sight.
Nolilesville (In d .) School D istrict.—Bonds Proposed.—
This district has under consideration the issuance of from
$20,000 to $25,000 high-school bonds. W e are advised by the
Clerk of the Board of Eiucation that these bonds may not
be issued before the spring o f 1900.
Norfolk, Conn.—Bonds Authorized by House.—The House
has passed the bill authorizing the issuance of sewer bonds.
Northfleld, Minn.— Bonds Defeated.—At the election held
on March 7, 1899, the city voted against issuing bonds for
sidewalks.
North Stonington, Conn.—Loan Negotiated.—On March
16, 1899, this town negotiated a loan of $2 1,000 with E H.
Knowles, a local investor, at
Loan will mature in 20
years, the town having the option of paying it in ten
years.
Norwalk, Ohio,—Bond Election.—At the spring election
April 3, 1899, the proposition to issue $11,000 bridge bonds
will be voted upon by the citizens of this place.
Oakman (A la .) School D istrict.—Bond Sale—The $5,000
6% school bonds for which proposals were asked until March
11, 1899, have been awarded to the Noel-Young Bond &
Stock Co., St. Louis. Principal will mature March 1, 1919.
For further description of bonds see Chronicle March 4,
1899, p. 442.
Orono (Town), Me.—Loan Authorized.—A t a recent town
meeting Albert White, Town Treasurer, was authorized to
borrow $12,000.
Palestine, Texas.—Bonds Approved.—The Attorney-Gen
eral has approved an issue o f $15,500 refunding school bonds.
Palo P in to (T exas) School D istrict.—Bond Sale.—The
district has sold to the Austin National Bank the $2,500
school bonds recently approved by the Attorney-General.
Pawtucket, R. I.—Bonds Authorized.—On March 22, 1899,
the City Council authorized the issuance of $150,000
gold
street-improvement and school house bonds. Securities are
dated April 1, 1899, and will mature April 1,1939.
P eekskill, N. Y.—Bonds Voted. —This village has voted to
issue one $2,500 bond for the purpose of placing a fire-alarm
system—wire, boxes, etc. Bidder will be asked to name the
lowest rate o f interest at which he will take the bond. Bond
will probably mature in 30 years from date of issue. Date
of sale has not yet been determined upon.
Pembina County, N. Dak.—Bonds Refused.—It has been
reported that this county has sold $12,000 drainage bonds.
W e are advised by the County Auditor that there were $12,400 <5$ drainage bonds sold recently to the Minnesota Loan
& Trust Co., but after the company gave the matter closer
attention they declined taking the bonds, as there were some
irregularities in their issuance.
Pleasant Ridge, Ohio.—Bond Sale.—On March 17, 1899,
the $7,534 5% refunding bonds were awarded to Briggs, Todd
& Co., Cincinnati, at 112'589. Bonds mature March 1, 1809.
For further description of securities see Chronicle Feb. 18,
1899, p. 345.
Plymouth (Tow n), Mass.—Bonds Proposed.—This town
has under consideration the issuance o f $6,000 H notes for
the purpose of building new roads. Securities will be dated
July 1, 1899. and will be payable $600 yearly. The Town
Treasurer, E. L. Burgess, writes us that the loan will most
likely be placed with one of the local banks.
P olk County, Tenn.—Bonds P-oposed.—A bill providing
for the issuance of $25,000 bridge and highway bonds has been
introduced in the State Legislature.
Putnam, Conu.—Loan Negotiated.—This city has nego
tiated a small short-time loan with the Putnam Savings
Bank. The money was borrowed to meet current expenses.
Proposed Bond Issue.—We are advised that $20,000 of the
$40,000 street-improvement bonds recently authorized by the
Legislature will probably be issued within a month or so.
It is probable that they will bear 3
interest and mature in
30 years.
Keidsville. N. C —Bond Offering.-P roposals will be re
ceived until May 2, 1899, for $25,000 5% and $7,500 6% im
provement bonds. The $25,000 bonds will mature May 1,
1929, and the $7,500 July 1, 1921 Proposals must be ac
companied by 2% of the amount bid for.
Rutland, Y t — Bonds V oted — This city recently voted to
issue 120.000 city hall bonds. W e are advised that the mat
ter is in the hands of the Mayor and Board o f Aldermen, and
no details of the issue have vet been settled.
Sandusky, Ohio.—Bond Offering.—Proposals will be re
ceived until 12 M. April 29, 1899, by A. W. Miller, City Clerk,
for f t 0.000 44 refunding water-works bonds. Securities are
dated April 15, 1899. Interest will be payable semi-annu
ally at the American Exchange National Bank, New York
City. Principal will mature April 15, 1909. A certified
check for $500 must accompany proposals,
Sibley, Iowa.—Bonds VoUd.—On March 27, 1899, this
place voted to issue $10,000 water-works bonds.
Sing Sing, N. V.—Bond Offering.—Proposals will be re
ceived until 7 P M. April 4, 1899, by John M. Terwilliger,
Tillage Clerk, for $8,076 05 44 street and sewer-improvement
bonds, as follow s:
15,274 LO Spring S treet im p ro v e m e n t, o n e b o n d o f $774 50 a n d n in e b e a d s o f
•500 each.
568 DO H am ilton A ren a © and S ou th M alcolm S tr e e t Im p rovem en t, o n e bo n d
o f * » l d*> »n<l n in e b o n d * o f t**6 e ach .
2,144 85 Spring and S tate S treets and L a fa r e t t e A v e n u e s e w e r im p ro v e m e n t,
o n e b o n d o f » x l* 85 and n in e b o n d s o f M l* e ach .
All of the above bonds will bear date of April 1, 1899: in
terest will be payable April 1 and October 1. Principal will
mature one bond yearly (in their regular order) on April 1
from 1900 to 1909, inclusive. Bonds are issued pursuant to
Chapter 83, Laws of 1896. as amended by Section 46 of
Chapter 496, Laws of 1897, being the charter o f the vil
lage.
SteTens Point, Wig.—Bond Offering.—Proposals will be
received until 4 p. M. April 15, 1899, by Geo. E. Oeter. City
Clerk, for $15,000 3V,4 refunding school bonds and $7,000
8}i i sewer bonds. Securities are in denomination of $500.
Interest will be payable semi-annually and the principal will
mature 20 years from date of issue, subject to call after It
years. Total indebtedness o f district is $95,000; the assessed
valuation, $2,5* 0,000; tax rate, $29 per $1,000 o f valuation.
Population in 1890 was 7,896 and is about 10,000 at present.
A certified check for 1% o f face value of bonds must accom
pany proposals.
Tarentnm ( Pa.) School D istrict.—Rond Sale.—On March
27,1899, the $25,000 44 high-school bonds were awarded to
N E W LOANS.
NEW
8 1 0 0 ,0 0 0
City
of Nashville, Term.,
Pour Per Cent 20-Year Bonds
(w tthoat
637
THE CHRONICLE.
A p r il 1, 1889.)
option ).
Sealed btd» will b e received at)ill 8 o 'c lo c k P .
A p ril 10. J8SW. Bid* w ill b « oonft<J«r*d f o r a p in t o r
e ll o f th l*
T h e rig h t t o r e je c t any end all Md*
la renerved. A n y fa r th e r in form a tion desired ran
b e had u p on eppl cation t o th e anderehrned. A ll
bide a boa ld b e m arked "P r o p o s a l* t o purebaae
Bridge A p proach Bond**’ and ad d rem ed t o “ B on d
C o n m i n l o c w * , - N aahvlRe. Term ., aare
J. P. B Y R N E ,
C ity R e co rd e r.
the Lamprecht Bros. Co., Cleveland, at 108-37. Bonds ma
ture May 1, 1929. For full description o f bonds see C h r o n
i c l e March 18, 1899, p. 539.
Titusville, Pa.—Refunding Bond Issue.—W e are advised
that the city is refunding its entire debt of $116,000, repre
sented by 44 bonds, with a new issue of 34 10 20-year (op
tional) bonds. Under the law holders of the old bonds have
60 days in which to exchange the old bonds for the refunding
issne," and after that time those bonds not exchanged will be
sold to the highest bidder.
Tremont, Me.—Loan Authorized.—The Town Treasurer
has been authorized to negotiate a 44 loan of $4,500 for the
purpose o f building two school houses.
Tnllahoma, Tenu.—Bonds Authorized by House.—The is
suance of $6,000 electric-light bonds and $25,000 sewer bonds
is provided for in bills recently passed by the House. The
bill providing for the issuance of water-works bonds has alsopassed the House.
Uinta County, Wyo.—Bonds Proposed.—It is stated that
this county will refund $91,000 bonds at a rate of interest not
exceeding 54. The assessed valuation o f the county is $S,500,000 and the bonded debt $101,000.
Upper Sandusky, Ohio.—Bond Sale.—On March 25, 1899.
the $8,000 64 refunding bonds were awarded to Briggs, Todd
& Co., Cincinnati, at 116-25. Bonds mature April 1,1907.
For further description of securities see C h r o n i c l e March
4, 1899, p. 442.
Van Wert (V illage). Ohio.—Bond Offering.—Proposals
will be received at the Council Chamber of this village until
7:30 p. m. April 24, 1899, for $52,000
and $64,000 i]4%
coupon Main Street improvement bonds. Securities of both
issues will be dated May 1, 1899; interest will be payable
semi-annually and principal will mature in from two to
eleven years. The intention being to sell only one o f the
above sets of bonds, the Council expressly reserves the right
to reject all bids on either and consider bids on the other,
this to be done within five days of the above date. Pro
posals must be unconditional and be accompanied by a cer
tified check for $2,000, payable to the Village Treasurer.
Bonds are issued under Section 2704, Revised Statutes o f
Ohio. The official circular states that there is no litigation
pending nor threatened concerning the validity of these
IN V E S T M E N T S .
LOANS.
P U B L IC NOTICE.
H IG H G R A D E
TO T H E H O L D E R * OF T H E F O L L O W .
r?UJ CO I R T H O U S E B O N D * IS S U E D
B Y T H E C O U N T Y OF B E X A I t .
TEXAS.
Court Hooao Bond* l«»ued Jane 16th. I S * . No*.one
(1) to fourteen Q l) inclusive, o f $1,000 each. «ki? or
dered redeemed, and the holder* o f #ald Bond* will
prevent same at National Park Bank In New York
Ctry or at D. A A, Oppenbeimei '• Bank in San An
tonlo, Texas, on or before March smh, 18W, after
which date Internet on above bond* will oeaee.
By order o f tba Honorable CommiMioneP* Court
o f Bexar County, Texa*.
Wltnes* my hand at San A ntonio, thl* tOth day o f
March.
JOHN W. TOBIN
County Treasurer Bexar Co.. Tex.
State, Municipal, Couaty, School
$ 100,000
1 3 0 IV J 3 S .
Local Investment* for Seringa Banka In New York
and all New England.
Rudolph Kleybolte & Co.,
B A N K
3d and W a l n a f St re e t*, Cincinnati, O.
U iS T *
M AILED
UPON A P P L I C A T I O N -
E D W D , C. JONES & CO.
Municipal Bonds for Sale. MASON, L E W IS & CO.,
Healed proposal* for above will be received by the
Borough o f Meet*. Delaware Coant y, P^nnvylvanla,
m ill eight o ’clock P, M. April Stb. 1H0&. Pirealar
flv io * fall particular* will be mailed «rn application
to
H- TRIUKER. Town Clerk. Media. Pa.
Municipal Bonds.
T h e B orough o f SHeelton, Pa. w ill *ell o n A p ril 6,
M W * th e f allow in g i t cotrn oo R o n d * ;
115,000. red eem a b le la from on a t o te n year*.
135,000 redeem able in fro m ten t o th irty year*.
I n fo rm a tio n can b e ob ta in ed from
JO H N D. YO U NG ,
___________ ____________________ Secretary o f C on nell.
N otice la hereby given th at H u r ts o m Cou nty,
T e xa *. Cot&f rot»t«e R ailroad Subsidy B on d* o f the
d e n om in ation o f f?O eaeb» num bered fro m 1281 t o
20*.*O in clu sive, will be paid on presen tation a t th e
tr e a s u r y o f the S tate o f T e x a s . In te r e s t w ill cease
***** A p ril 11th,
R. W . FIN LEY. C om p troller.
Owners of Old, Defaulted,
Worthless Railroad Stocks
and Bonds
C-wn find a m a r k e t f o r ewiae h r a d d re a ftin g
C . A . W „ P , O. B o * 6 M .
N ew Y o rk ,
YO U H A V E
DEALERS IN
Mu nicipal, Railroad
Street Railway and Gas
BANKERS,
CH ICAGO,
171 L a S a t i e S t.
MUNICIPAL
RAILROAD
CORPORATION
BOSTON ,
6 0 D ev o n n h irc S t,
BONDS.
C h o ic e I «* u c * .
BONDS.
N EW YORK
1 N ASSAU ST R E E T.
P H I L A D E L P H I A - 421 C H E S T N U T ST.
Street Railway and (lag Companies.
M W
OS a p p l ic a t io n .
F. R. F U L T O N & C O .,
M
Whann & Schlesinger,
BOND CALL.
SE N D D E S C R IP T IO N O F W H A T
K K S ,
No, 1 Nnm uu S tre et , N e w Y o r k ,
171
B
u n ic ip a l
LA
SALLE
onds
,
STREET,
D E A L E R S Iff|
CHICAGO.
M U N IC IP A L and R A IL R O A D
S E C U R IT IE S .
Devitt, Tremble & Co.*
71 BROADWAY
NEW YORK.
M U N IC IP A L BONDS.
F Ira t N a tio n a l
E.
M U N IC IP A L BOND3.
C . S T A N W O O D & Co.
BANKERS,
121 Devonshire 8treet,
B O S TO N ,
H ank
H u lld fu g ,
________ C H IC A G O .
W . D. Van Vleck,
33 NASSAU
STR EET,
-
.
SEW
Y O R K .
M U N IC IP A L BONDS.
THE CHRONICLE,
638
bonds, and that princip il and interest of all previous issues
have been promptly paid.
Walker ( Village), Cass County, Minn.—Bond Offering —
Charles Kinkele, Village President, will sell at 8 p. m . April
10, 1890, $6,000 5% 10 year water-works bonds. Interest will
be payable semi-annually.
*
Washington (Conn.) School D istrict.—Bonds Authorized.
—The State Legislature has passed a resolution authorizing
this district to issue $35,000 bonds.
Watertown, Mass.—Temporary Loan.—On March 29,1899,
the loan of $100,000 was awarded one half to R L. Day &
Co. and one-half to Rogers, Newman & Tolman, both firms
of Boston, at 3£. Following bids were received :
[V o l . LXV1IJ.
were awarded to N. W . Harris & Co., New York, at 114-65
and 102 07 respectively. Following are the bids :
fo o te d
W ayne ounty (P . 0. Detroit), M idi.—Bond Election. —
William H. McGregor, County Clerk, has given notice that
an election will be held on April 3. 1899, to vote on the ques
tion of issuing $800,000 bonds for the purpose of complet
ing and furnishing the Court House.
Westerly, It. 1.—Loan Negotiated.—We are advised that
only $10,000 of the $15,000 which the Treasurer was author
ized to borrow has been placed. The loan was negotiated
wii h a local bank in anticipation of some receipts and will
run but a short time. The money was used in the payment
o f interest on bonds.
Williams. County, N. Dak.—Bored Sale.—On. March 6,
1899, the $lO,000 6$ court bouse and jail bonds were awarded
to C. C. Gowran & Co , Grand Forks, at 104. Following
are the bids :
i
C o u r t H o u se B o n d s —
6 s, April 10, $3 2,00 0.A p ril 1 0 ,’ 35
Int. payable at A ustin, Tex.
Total debt Feb. 1, 18 99....$32 ,000
ON
T A X F R E E .—The above bonds are exem pt from taxation.
O P T IO N A L .—The bridge bonds are subject to call ten years after
date, and all other bonds five years after date.
IN V E S T M E N T S .
31
JB L t
1ST,
A P P L IC A T IO N .
E. H. RO LLINS & SONS,
Milk
FLA N D RA U
Just East o f Broadway.
4th A ve. electrics pass door.
For T O W N
and
UN E Q U A L E D
ADAMS & COMPANY,
State of Massachusetts....3s
BANKERS/
State of Massachusetts....31s
D E A L E R S IN
Citv of Cambridge............ 31s INVESTMENT BONDS
State,
County, City,
1st Nat. Bank Bldg.
BONDS,
. .
CHICAGO
Q U A L IT Y ,
A good stock o f second-hand vehicles, repaired in
our own laciory fo r sale at reasonable prices.
1 5 W a ll S tre e t, New Y o rk .
STATE, CITY & RAILROAD BONDS
M U N I C I PAL
John
O H IO .
BONDS.
Nuveen
INVESTMENT
& Co.,
BA N K E R S .
1st National Bank Building, Chicago.
THE
Correspondence solicited.
L
M U N IC IP A L
School,
BRIGGS, T O D D & CO .,
_____________ C I N C I N N A T I ,
NEW YO RK ,
3 5 N assau S i.
T R O W B R ID G E ,
M a c D onald
& N iv e r C o .
STY LES.
FO R
16 Congress Street, Boston.
Bonds.
LISTS MAILED ON APPLICATION.
S t.
P R IC E S
Blodget, Merritt & Co.,
SUITABLE FOR
C H IC A G O ,
LO W EST
GRADE
A LL
B A N K E R S
PUBLIC SECURITIES
t o o D e a rb o rn
H IG H E S T
C O M P R ISIN G
M em bers o f B o sto n S to ck E x c h a n g e .1
BOSTON.
Farson, Leach & Co.,
OF
COUNTRY.
A SSO RTM EN TS
Vo. 7 Congress and 31 State Streets
60 S tale Street, B o s t o n .
SAVIN GS BANK A N D T R U S T
FUNDS.
ST.
2d 3d & 6th A ve. L
at Grand St.
Elegant Carriages
S t r e e t . B ou to n . M n««.
N A S S A U S T . ( B a n k of C o n im e r c e B ld g .)
Perry, Coffin & Burr,
& CO.,
372, 374, 376 BROOM E
1941.
F u l l d e sc rip tiv e c i r c u l a r o n a p p l i c a t i o n .
19
Assessment about 23 actual value.
State A Co. ta x (per M) ’98 ..$ 9 -0 0
Population in 1 890 w a s.........3,804
P opu lation in 1895 (est,)...... 5,000
IN T E R E S T on the bonds o f 1907, 1923 and 1924 is pavable at
Austin, T ex.; on the bonds o f 1935 in N ew Y ork City, and on the ja il
bonds at H em pstead, Tex.
Gold Bonos,
B A N K E R S ,
1* 1-50
109-25
J a il B onds 6 s, A pr., $ 1 0 .0 0 0 ....Apr. 10, 1936
IN V E S T M E N T S .
N. W. HARRIS & CO.,
1U-20
Floating d ebt...................
3,000
Total debt..........................
69,000
Total valuation 18 98___ 3,355,568
4s, A pr., $ 3 1 ,0 0 0 ....Nov. 17, 1918 Assessm ent about *5 actual value.
Optional. $2,000 Nov. 17, 1901 State & Co. ta x (per M.) ’98.$10*30
$2,000 1903 and $2,000 1905.
Population in 1890 was.......10,888
6 s, A pr.,
3,000___May 14, 1924 Population in 1897 (est.)__ 15,000
Government and
RUTLAND RAILROAD CO.
Municipal Bonds
F irst Consolidated Mortgage
L ISTS?
102 - 01
102-215
101-95
B r id g e B o n d s —
6 s, A pr., 22,000___Aug. 14, 1935
Co u r t H o u s e B o n d s —
Securities will be in denomination o f $500 and the princi
pal will mature April 1, 1919.
Yonkers, N. Y.—Bond Sale.—On March 29, 1899, the $14,■900 4% street paving bonds and $10,000 4% assessment bonds
DUE
101-S75
101*790
W aller County, Texas.—Dixon S. Cuney, Treasurer.
County seat is Hempstead. Binds all issued under new mu
nicipal bond law.
LOANS—
W h e n D u e . Bonded debt Mar. 1 ,1 8 9 9 .$ 6 6 ,0 0 0
C. C. Gowran & Co., Grand Forks.l-'4-oi 1 Denison, Prior A Co., Cleveland. 103*00
New 1st Nat. Bank, Columtms...103-75 S. A. Kean, C hicago................... 1OP00
Lewis Bros., Glasgow, Mont........103-15 Kane & Co., Minneapolis
....... lo0*00
APPRAISEM ENTS MADE OR QUOTATIONS
FURNISHED FOR TH E PURCHASE, SALE OR
EXCHANGE OF ABOVE SECURITIES.
....
101-00
Uvalde County, Texas.—M. W . Collier, Treasurer. Coun
ty seat is Uvalde. Bonds below issued under new municipal
bond law.
LOANS—
W h e n D u e . T ax valuation, 1898___$3,004,005
Loan matures Nov. 1, 1899.
Waverly. N. Y.—Bonds Deflated.—At the election held
March 21, 1899, the proposition to issue $5,900 bonds was de-
B O U G H T AND SOLD.
....
$10,000 Bonds.
102-07
102-05
101102-
Allen, Sand & Co., New York, bid H 9’27 for the entire
amount. The street-paving bonds mature $6,000 April 1,1917,
and $8,900 April 1,1926. The assessment bonds mature Feb.
1. 1902. A full description of bonds will be found in the
C h r o n i c l e last week, p. 585.
Rogers' Newman & Tolm an.........8*00jf Blodgct, Merritt & Co., Boston—
It. L. Day & Co.. Boston................3*00% Estabrook & Co., Boston............ 3-12%
Jose. Parker <fc Cv.. Boston..........S’OSjf Boston Safe Dep. & Trust Co........3'Li%
W . O. Gay & Co.. Boston................3#0tf£
IN V E S T M E N T S .
$14,900 Bonds.
.... 114 05
.... 114-25
. 114-25
.... D 4 0 9
.. 11:4-775
. 113445
... 112-873
. . . . 11-95
.... 11-71
.. .. 111-48
N. W. Harris & Co , New Y o rk ...
Hdw. C. Jones & Co.. New V ork..
Bertron & Storrs, New York......
Benwell & Everitt. New Y o rk ...
W. .1. Haves A; Sons. Cleveland..
Parson, Leach & Co.. New York.
Jose, Parker v Co.. Boston.........
Yonkers Savinas Bank.................
People’s Savings Bank.................
Geo. M. Halm. New York............
Dan’l A. Moran A Co., New York
S. A. Kean, Chicago......................
a m p r e c h t
C en tu ry B u ild in g ,
B
r o s
. C
o
.
R e f e r e n c e , F i r s t N a t io n a l B a n k , C h ic a g o -
C L E V E L A N D , O H IO ,
DEALERS IN
MUNICIPAL, RAILROAD,
STREET RAILW AY & CORPORATION
BONDS.
LISTS SENT UPON REQUEST.
Information given and Quotations furnished con
cerning all classes o f stocks and bonds that have a
Cleveland market
MUNICIPAL
BONDS.
Securities Netting from
to 6£
A L W A Y S ON H A N D .
Send f o r o u r In v e s tm e n t Circular.
DUKE M. FARS O N. Banker.
•UuuiciDal Bonds.
ISO* D e a r b o r n > »rre .t
C H IC A G O .
50
09
@FedFRASER