Full text of Commercial and Financial Chronicle : April 22, 1893, Vol. 56, No. 1452

View original document
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES*
E n t e r e d a o o o rd ln g t o A c t o f C o n g r e s s , i n t h e y e a r 1 8 9 3 , b y W

YOL. 56.

m

. B . D

an a

& C o . , i n t h e o f f ic e o f t h e L i b r a r i a n o f C o n g r . 8 + W . s h l n g t o n , D . C .

SATURDAY, APRIL 22, 1893.
Week Ending April 15.

C h r o n ic le .

1893.

F o r O n e Y e a r ......................................................................................................................................$ 1 0 0 0
F o r S i x M o n t h s ...............................................................................................................................
6 00
E u r o p e a n S u b s c r i p t i o n ( i n c l u d i n g p o s t a g e ) ....................................... 1 2 0 0
E u r o p e a n S u b s c r ip t io n S i x M o n t h s (in c lu d in g p o s t a g e ) .
7 00
A n n u a l S u b s c r i p t i o n i n L o n d o n ( i n c l u d i n g p o s t a g e ) _____ St2 1 0 s .
S ix M o s.
do.
do.
do.
...£ 1 1 0 s.
T h e In v e s t o r s ’ S u p p l e m e n t o f 1 6 0 p a g e s i s is s u e d e v e r y o th e r
m o n th , o n th e la s t S a tu r d a y s o f J a n u a r y , M a rc h , M a y , J u l y , S e p te m b e r
a n d N o v e m b e r , a n d f u r n is h e d w it h o u t e x t r a c h a rg e to a l l s u b s c r ib e r s
o f t h e C h r o n ic l e f o r s i x m o n t h s o r lo n g e r .
T h e S t a t e a n d C i t y S u p p l e m e n t o f 1 8 4 p a g e s is a l s o g i v e n t o e v e r y

yearly s u b s c r ib e r o f t h e C h r o n i c l e .
S u b s c r ip t io n s w i l l b e c o n t in u e d u n t i l d e f in it e ly o r d e r e d s to p p e d .
T h e p u b lis h e r s c a n n o t b e r e s p o n s ib le f o r r e m it t a n c e s u n le s s m a d e b y
d r a f t s o r b y P o s t O f fic e o r E x p r e s s m o n e y o r d e r s .
F i l e c o v e r s a r e s o ld a t 5 0 c e n t s e a c b , a n d t o n e w s u b s c r ib e r s f o r a
y e a r o n e f ile c o v e i is s u p p lie d w it h o u t c h a r g e ; p o s t a g e o n t h e s a m e is
1 8 c e n ts.

Terms o f Advertising—(P er inch space).
T h re e M o n th s
(1 3 t im e s ) . .$ 2 5 0 0
S ix M o n th s
(2 6
“
)_ . 4 3 00
T w e lv e M o n th s (5 2
“
) ..
00

( T h e a b o v e t e r m s f o r o n e m o n t h a n d u p w a r d a r e f o r s t a n d in g c a r d s .)

London Agents:
M e s s r s . E d w a r d s & S m it h , l D r a p e r s ’ G a r d e n s , E . C ., w i l l t a k e s u b 
s c r i p t i o n s a n d a d v e r t is e m e n t s , a n d s u p p ly s i n g le c o p ie s o f t h e p a p e r
a t Is . each.
W IL L IA M

B . DANA.

JO H N O . F L O Y D .

W IL L IA 1 T I B . D A N A
C o ., P u b lis h e r s ,
1 0 2 W i l l i a m S tree t, N E W Y O R K .
P o st Of f ic e B o x 958 .

CLEARING HOUSE RETURNS.
The following table, made up by telegraph, etc., Indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, April 22, have
been $1,241,905,470, against $1,213,238,805 last week and
$1,219,683,135 the corresponding week of last year.
Week Ending April 22.

C l e a r in g s .

Returns by Teleoraph.

1893.

1892.

Per Cent.

N e w Y o r k .....................................................
B o s t o n .............................................................
P h i l a d e l p h i a ..........................................
B a l t i m o r e ......................................................
C h ic a g o .............................................................

$ 5 9 0 ,6 0 0 ,2 4 9
8 5 ,9 4 5 ,5 3 5
6 5 ,1 3 7 ,1 9 0
1 2 ,6 3 2 ,7 9 9
9 5 ,6 6 7 ,0 0 0

$ 6 1 7 ,0 6 7 ,6 5 2

- 4 '3

7 5 ,0 6 2 ,5 2 3
7 5 ,0 2 0 ,4 9 4
1 3 ,0 7 6 .5 6 3
7 5 ,8 2 9 ,0 0 0

+13 6
-1 3 -2
—3-4
+26*2

S t . L o u i s ....................................................
N e w O r l e a n s ............................... ............

2 2 ,2 5 8 ,9 2 0
9 ,0 0 0 ,0 0 0

2 0 ,9 0 4 ,3 6 6
8 ,6 6 4 ,6 1 4

+ 6-5
+3 9

S e v e n c i t i e s , 5 d a y s ............
O t h e r c i t i e s , 5 d a v g .....................

$ 8 8 1 ,2 4 7 ,6 9 3
1 4 9 ,8 6 1 ,2 4 3

$ 8 8 6 ,2 2 5 ,1 1 2
1 3 5 ,2 0 8 ,4 1 3

-0 6
+ 10*8

T o t a l a ll c it ie s , 6 d a y s ...
A l l c i t i e s , 1 d a y .....................................

$3 ,C 3 1 ,2 0 8 ,9 3 6
2 1 0 ,7 9 6 ,5 3 4

$ 1 ,0 2 1 ,4 3 3 ,5 2 5
1 9 8 ,2 4 9 ,6 1 0

+ 1-0
+ 6 -3

T o t a l a l l c i t i e s f o r w e e k .-

$ 1 ,2 4 1 ,9 0 5 ,4 7 0

$ 1 ,2 1 9 ,6 8 3 ,1 3 5

4 -1 -8

The full details of clearings for the week covered by the
above statement will be given next Saturday. W e cannot, of
course, furnish them to-day, bank clearing being aoade up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night.
Our usual detailed figures for the previous week, covering
the returns for the period ending with Saturday noon, April
15, as well as the comparative totals in 1892, are given below.
The aggregate for the week is seventy-five millions of dollars
less than that for the preceding week, New York showing a
loss of nearly 6ixty and a half millions, and the total for all
other cities a decrease of fourteen and a half millions. Con
trasted with the corresponding period of 1892 there is an ex
cess of 5*7 per cent in the whole country and a gain of 15 per
cent outside of New York, the decrease at this city being 0*6
per cent. But it should be remembered that Good Friday fell
in the week of last year with which comparison is made. Im
portant gains in the current statement are at Milwaukee 78*2
per cent, Galveston 60-5, Houston 57 9 and Sioux Falls 55 8
per cent. The heaviest losses have been at Indianapolis and
Salt Lake City.

1892.

Sales of—
(Stocks....................... shares.)
(Cotton..........................bales.)
(Grain..................... bushels.)

*
682,02-1.865

*
085,815,109

(1 + 17 ,21 8.
(1,235,800
(21,397,575

i l , 125.805)
'7 1 5.7 00 )
(65,408,712.

B o s t o n .................................
P r o v id e n c e .......................
H a r t f o r d ............................
N ew H a v e n ......................
3 p rln a rd e ld .......................
W o r c e s t e r .........................
P o r t la n d .............
.. .
L o w e l l.................................
N ew B e d f o r d . . ................
F a ll R i v e r * ........................
T o t a l N e w E n g la n d .

105.170,438
6,074,20(
2,558,901
1,821.217
1,492,141
1,475,185
1,309,240
771,393
470.223
929,395
121,202,971

94,559.565
5,9 6 0 ,10C
1,939.462
1,420,905
1,313,933
1,403,018
1,151,594
832,102
555,810

P h il a d e lp h ia —
P it t s b u r g .............
B a l t i m o r e . . ........
B u ffa lo ...................
W a s h in g to n —
R o c h e s t e r ............
S y r a c u s e ...............
W ilm in g t o n ........
B in g h a m t o n ........
T o t a l M i d d le .

79.676,247
16,350,014
15,030.920
7,707,558
2,459,565
1,565.369
1,027,068
995,069
291,800
125,767,210

C h ic a g o ........................... .
C in c in n a t i.......................
M ilw a u k e e .....................
D e t r o it ..............................
C le v e la n d ........................
C o lu m b u s ........................
P e o r i a ................................
I n d ia n a p o lis ..................
G ra n d R a p i d s ................
L e x i n g t o n .......................
S a g in a w ............................
A k r o n ................................
B a y C it y * .........................
S p r in g fie ld , O .* ............
T o t a l M id d le W e s t e r n .

102,528,163
14,470,550
10,165.0b 2
7.460,733
6,456,450
3,729,700
1.878.100
1.414.55C
1,050,000
390,000
420,205
208,67(3
374,297
227,187
150,202,209

N ew Y o r k ......................

Terms o f Subscription—Payable in Advance:

O n e t i m e ........................................................... $ 3 5 0
O n e M o n th
(4 t im e s ) .. 1 1 0 0
T w o M o n th s
(8
“
).- 1 8 0 0

NO. 1452.

San F r a n c is c o ...
P o r t la n d ...............
3 a lt L a k e C i t y ..
S e a t t l e .................
T a c o m a ...............
L os A n g e l e s ....
H e le n a ...................
G r e a t F a l ls .........
S io u x F a lls ........
S p o k a n e * ............
A l b u q u e r q u e * ..
T o t a l P a c if i c ..

S t. L o u i s .....................
N ew O r l e a n s ..............
L o u is v i ll e .....................
G a l v e s t o n .....................
H o u s t o n .........................
M e m p h i s ......................
R i c h m o n d .....................
N a s h v ille .......................
S a v a n n a h .....................
A t la n t a .......................
C h a r le s t o n ....................
D a lla s ..............................
N o r f o l k ...........................
W a c o ................................
F o r t W o r t h .................
B ir m in g h a m ................
C h a t t a n o o g a ..............
J a c k s o n v i l l e * ............
C o lu m b u s , G a .* ......... .
T o ta l S o u th e rn
T o t a l a ll .................

M o n t r e a l ..................
T o r o n t o ...................
H a l i f a x .....................
H a m ilt o n ................
T o ta l C anada. ..
* N o t in c lu d e d in t o t a ls .

1893.

—0 0

$
742,412,082

P. Cent.
-2 9

(1,56 9 ,6 2 7) ( —24*4)
(+ 2 5 9
(1,10 2 .9 0 0) (+ 1 0 3 -8 )
( + 7 2 7)
( - 6 7 3 (40 ,4 2 8,3 50 ) ( - 8 5 - 4 )
110,997,752
0,5 5 9,30C
3,060,681
1.845,757
1,395,030
1,588,844
1,5 5 8,1L5
689,818
584,084
933,229

+ 2 7 -3
+30 1
+ 20-8
+197
+ 11 *5
+ 3 0 -6
+ 2 3 -3
-2 2 7
+1T6

109,130,849

+ ii-i

128,185,981

+207

05,115.21*
13,309.300
13,687.692
7.442,078
2,004,595
1,530.844
993.243
883,964
201,300
105,128,224

4 -?2 '4
+228
+15 0
+ 44
+22 7
+2 3
3 4
-1 12 6
+ 1 2 -8
+ 19 6

78,375,035
17,732,503
14,818,908
8,745,369
2,759,229
1.803,250
1.022,528
1,011,058
357,700

+5 8
+22 0
+ 8 6
+ 66
+207
+31
+ 7 -7
+ 7 -3
+ 1 8 -0

120,625,243

+ 9 -0

87,148,160
14.076,750
5,704,404
0,393,423
5,425,141
3,881,100
1.758,220
2,310,070
920,545
501,943
331,457
201,113

4 17 6
+2 8
+78 2
+ 10-7
+19 0
-3 9
+6 8
-3 9 5
+14*1
—22*3
4 2 6 -8
+ 14'4

103.899,997
15,256,500
10,073,709
8,343,838
6,044,307
3,536,200
1,914,300
910,165
1,003,748
105,095
392,624
293.401
353,785
224.905

+ 199
4 -1 2
+ 8 9 -0
+ 17 *9

128,742,332

410 7

152,073+ 84

+ 17 3

10.896,062
1.807,376
1,420.757
1,022,357
823.870
1,099,035
832,173
254,957
2 5 7 .i2 4
900,303
83,089

10,001,614
2,169.142
1,997,430
849,026
800,106
081,058
750,000
240.100
105,000

+56
—13 4
-2 8 9
+20 3
-4 2
+ 0 1
+ 3.0 9
462
+55 8

+18
+ 7 -0
+ -2 '8
+28 7
+ 5 2 -7
+ 7 5 -2
+ 1 6 -7
-1 0 -7
+ 1 4 -3

24,473,111

23,714,036

+3 2

15,400,5S8
2,320.040
1,977,569
1,305,385
1,131,098
1,318.050
871,587
202,42(
109,219
1,006,420
119,161
24,750,968

8,867.101
+232
0,075,818
+216
4 ,-83 ,01 2
+36 4
4,501 187
- 09
4,948,718
+110
1.089.379
-f 45 0
1,597,970
t9 7
1,004,758
48 1
1,109.042
+13 2
517.U52
+2 5
539,921 ’ - 5 4
332,136
454
87,850
-1 7 -3

11,400,740
8,467,233
0,8 u l,L *8
5,024,041
5,749,973
1,990,089
1,949,447
1,243,750
1,442,800
601,782
502,913
357,906
111, *4 6

+29 9
+ 310
+32 8
+ 88
+ 9*6
+ 1 6 -7
+ 10 6
+ 3 -1
+ i 5 ‘3
-1 -9
+ 2-1
—7 2
+47

4 1 0 -2
-1 2 -7
-2 * 3
-0 0 2
+ 2 0 -4
-2 4 5
+78
+29 8
...»

....

+80

13,797,049

30,814,574

+ 1 9 -0

45,703,908

+ 20-9

27.570.589
10,723,199
7,421.217
3,153,710
2,440.379
2,102,770
2,550,019
1.390.729
1,060.000
1.293.990,
875,518
l.o e o .o o o !
1.053,508
S j O.^S o
859.990
514,079
471.016
586,019

26,102,424
8,225.889
7,225,884
1.905,402
1 ,5 4 9 .-7 1
1,722.472
2,388,435
1,058.554
1,421.679
1,320,411
850,000
V-80,505
879.822
480,925
027,082
558,040
493,000

45 6
+304
42 7
-}60 -5
-5 7 9
+ 221
47 0
-1 0 1
+17 2
-2 0
+ 3 -0
+ 81
+ lw -8
+14 5
4 -3 7 1
-7 8
—5-4

20,130,536
11,928,888
8,328,250
2,811>,<S39
2,475,903
3,201.998
2,522,810
1,585,842
1,884,116
1,405,005
1,131.545
1,000,060
904.771
695,081
092,396
031.883
492 523
612,079

+134
+29A
+ 1 9 -9
+ 3 0 -2
+ 8 1 -9
+ 3 1 -3
+ 6 -0
—* 8 5
+328
+03
+397
+80
-3 9
+30 3
+ 539
+ 2 0 -2
—4 d

65,710,810

58,454,69®

+12 4

67.882 259

+ 1 8 -2

1,213,238,805 1.147,806.019

O u t s id e N e w Y o r k . ,

Cent

+ 112
+ 1-9
431 9
+24*1
+13 0
451
+18 9
-7 3
—1 5 4

10.921.143
8 ,l l0 ,ii l3
8,080.609
4,600,403
6,491,530
2,449,729
1.752,331
1,080,092
1,255,639
520.000
510,645
350.153
72,642

K a n s a s C i t y ........................
M in n e a p o lis .......................
O m a h a ............................. . . .
St. P a u l.................................
D e n v e r ..................................
D u lu t h ..................................
3 t . J o s e p h ...........................
S io u x C it y ...........................
D es M o i n e s .........................
L in c o ln .................................
W i c h i t a .................................
T o p e k a ..................................
F r e m o n t ...............................
E m p o r ia , K a n .* ................
T o ta l O th er W e ste rn .

Week End’g Apr. 8 .

|P.

531,213.990
11.383,500
6,216 739
1,441,700
817,194
19,889,139

461.990,910
12,705,540
4,915,753
985,184
cOO 000
19,108,477 j

+ 5 7 1,288,240^825

+4 7

£45,828,143

+17 i

8.393,933
7,954.774
1,181.972
804,041

-2 2 1
+ 22 1
-0 4
-1 0
-5 * 0

+154)
—10
- 27
+40
+2

4
1
3
1

4-2 5^

18,334,720

THE CHRONICLE.

641
THE

STATE AND CITY DEPARTMENT,
Sec p ages 6 8 3 , 6 8 4 , 6 8 5 , 6 8 6 a n d 6 8 7 foi our
State and City Department.
All advertisements with relation to State and City Bonds
will likewise be found on the same and following pages.
A n e w e d itio n o f th e

ST A T E

CITY SU FPLEW EU T,

revised to as near the day of publication as possible, will be
issued April 29, and will be given without charge to all yearly
subscribers of the C h ro n icle.

THE F IN A N C IA L SITU A TIO N
The Treasury situation this week has dominated all
the markets. On Saturday last Secretary Carlisle
issued an order directing the suspension of the further
issue of gold certificates agaiost deposits of gold.
Under the act of July 12, 1882, the Secretary is
required to “ suspend the issue of such gold eertifi“ cates whenever the amount of gold coin and gold
“ bullion in the Treasury reserved for the redemption
“ of United States notes falls below one hundred mill“ ions of dollars.” The action of the Secretary, there
fore, was tantamount to an announcement that the event
which every one had feared, namely the drop in the
gold reserve to the 100-million limit, had come to pass.
Consequently a very uneasy feeling ha3 prevailed, and
every one has been waiting to see what the next step
would be. The anxiety ha3 been intensified by the
knowledge that further large withdrawals of gold for
export were in progress, and by rumors that the Secre
tary would exercise his discretion to redeem the Treas
ury notes of 1890 in silver, keeping the 100 million
gold for the redemption solely of the old legal tender
notes.
These latter rumors were in circulation all through
the week, but did not gain general credence. Thurs
day afternoon Secretary Carlisle furnished a statement
for publication denying that any order had been made
to stop the payment of gold upon the Treasury notes,
and declaring that no one was authorized to say that
such an order would be issued. Mr. Carlisle also an
nounced that the Treasury would pay gold for the
Treasury notes as long as the Secretary had “ gold
“ lawfully available
for
that purpose,”
and
that “ the
purpose of
the
Government to
“ preserve its own credit unimpaired and main
t a i n the parity of the two metals by all lawful means
“ will not be abandoned under any circumstances.”
Mr. Carlisle asserts that on April 18 the free gold
above the 100-million reserve was reduced to only $40,000, but that during the next two days the amount in
creased, and at the time of his statement (April 20) was
$885,000, after deducting what gold had been withdrawn
from the Sub-Treasury that day for shipment Saturday;
and furthermore that arrangements were in progress by
which more gold was to be procured in the West.
As the additional gold engagements yesterday, however,
were very heavy, it is evident that the situation remains
exceedingly critical. Meanwhile all business interests are
suffering. And the primary ciU3e of this suffering is
simply and solely our absurd and vicious silver legis
lation. Temporary relief may be provided, but there
can be no permanent relief from the existing state of
things until the nation’s policy in that respect is
changed

[ V o l . L V I.

As if to emphasize the seriousness of the situation,
the statement of United States imports and exports for
March has come to hand this week, showing, as was
expected, a very unsatisfactory condition of our foreign
trade. The imports are found to be six million dollars
in excess of those for March 1892, which in turn had
been 19 million dollars in excess of those for the
corresponding month in 1891; indeed, the total for
the present year is the largest for any single month
in the entire history of the country.
The exports,
on the other hand, have fallen off about lo^ million
dollars from the total for 1892. The result is that
there is an adverse balance on the country’s merchan
dise trade for March 1893 of over 26 million dollars,
against an adverse balance last year in the same month
of not quite 4 f millions. For the nine months of the
Government fiscal year from the 1st of July there is
an adverse balance in 1892-93 of 47 million dollars,
against a favorable balance in 1891-92 of 209 million
dollars— a difference of over 256 million dollars. As
we have to pay the outside world large amounts an
nually for interest, freight, &c., and as confidence in
American investments has been disturbed so that very
little foreign capital is now coming here, the surprise
must be, with such heavy merchandise balances against
us, not that gold exports are so large but that they
are no larger.
There have been several large business failures this
week— a coffee house in this city, a wholesale coal
dealer in Rochester, a steel company in Pennsylvania
and one or two big firms in Michigan—but it cannot
be affirmed that these failures have any special signifi
cance or are connected with the financial situation.
The coffee house, indeed, seems to have become involved
by reason of the speculations which had been carried
on in the price of coffee. Rumors were current at one
time that a receiver was to be appointed for the
Missouri Pacific, but it was very emphatically denied
by the management that there was any basis
for these rumors. It is announced that traffic relations
have been restored between the Mew Haven road and
the Mew York & N~ew England. At a meeting of the
board of directors of the Morthern Pacific on Thursday
a plan for funding the floating debt of the company
was adopted which, it is stated, will be presented to
the public at an early date. The plan is to provide for
all the company’s liabilities, and stockholders are to be
given an opportunity to participate in it.
Money on call representing bankers’ balances has loaned
this week at 15 and at 3 percent, the average being about
5 per cent. Renewals have been made at 4 to 5 per
cent. Banks and trust companies have quoted 5 as the
minimum while some have obtained 6 per cent. The
market was quite active, although by no means strin
gent, borrowers hiving resorted to the call loan branch
in preference to that for time loans. A good business
ha3 been done in time contracts, but the almost uni
versal demand ffor gold notes kept borrowers who could
avoid it from miking engagements.
There wa3
also a disposition to discriminate against ordinary col
lateral, lenders requiring the best grade of security.
Rates are 5£ per cent for 30 to 60 days and 6 per cent
for longer dates. The mirket for commercial paper
has been dull, especially in this city, and many of the
out-of-town banks have been affected by the Rochester
failure, so that there was somewhat of a timid feeling.
The supply is good but lighter than is usual at this
season, although a reasonable demand would probably
increase the offerings. Rates are 6 per cent for the very

A p r il 22, 1898.]

THE CHRONICLE.

best names, and those which are fair range as high as 9
per cent. The bank return of last week showed that
four of the larger banks held $6',311,900 out of the
$11,072,550 surplus reserve reported by all the bank8
in the Clearing House Association.
The features abroad this week have been the failure
of another large Australian bank—namely the A us
tralian Joint-Stock Bank, with liabilities aggregating
£13,000,000—and a revolutionary movement in Bel
gium which resulted in the Lower Houso of Parliament
acceding to the popular demand and gi ving the righ*'
of suffrage. The demonstration was accompanied by
violence in some of the cities and it is thought that
had not the voice of the people been heeded the G o v 
ernment might have been overthrown. The cable re ports discounts of 60 to 90 day bank bills in London
per cent.* The open market rate at Paris is
per cent, at Berlin it is
per cent and at Frankfort
2 i per cent. The Bank of England, according to our
special cable from London, gained £39,000 bullion
during the week, and held at the close of the week
£25,675,790. Our correspondent also advises us that
the gain was the result of imports of £23,000 mainly
from China and Portugal, and £16,000 received
from the interior of Great Britain, no gold hav
ing been taken from the Bank for export.
The Bank of France reports an increase of £250,000
gold and since the last return the Bank of Germany
shows a gain of about £339,000 of this metal.
The fore" n exchange market was dull and firm on
Monday, < sier on Tuesday and active and very strong
after Wednesday, being influenced by the action of the
Secretary of the Treasury in the matter of suspending
the issue of gold certificates and by the uncertainty
regarding his policy in dealing with the Treasury notes
of 1890. The market was entirely bare of bills after Tues
day, the offerings of arbitrage drafts and of bills against
railroad bond negotiations having been absorbed;
and the rumors that Treasury notes of 1890 would
not be paid in gold not only stimulated the demand
for sterling but prevented the renewal of maturing
loans. Bankers who were under contract to ship gold
were apprehensive of being compelled to procure+t in
the open market if, through inability to obtain a suffi
ciency of gold certificates or legal-tender notes, they
were unable to get a supply from the Sub Treasury,
and rates consequently advanced to about the highest
points reached in many years. The Treasury, how
ever, continued to give gold for the notes of 1890, and
under the large gold withdrawals yesterday for export
the market eased off towards the close, though remain
ing very unsettled.
Compared with the rates ruling on Friday of last
week the market opened at an advance of half a cent
per pound sterling on Monday, Brown Bros, posting
4 87^ for long and 4 89£ for short; and later in
the day the Bank of British North America^and
the Bank of Montreal moved up to the'same figures,
leaving Baring Magoun & Co. unchanged at 4 87 for
long and 4 89 for short. On Wednesday Brown Bros,
advanced to 4 88 for 60 day and 4 90 for sight, while
Baring, Magoun & Co. posted 4 87£ for the former and
4 89£ for the latter. On Thursday all the drawers
posted 4 88 for long and 4 90 for short at the opening
and during the morning the Bank of British North
America advanced to 4 88£ for 60 day and 4 90£ for
sight. Yesterday the other drawers also advanced to the
same figures, but subsequently Brown Bros, reduced
their quotations again. The market closed easier but

645 3

unsettled at 4 88 to 4 88£ for long and 4 90 to 4 90£
for short. Rates for actual business were 4 87£ to 4 88
for long, 4 89£ to 4 89£ for short, 4 89£ to 4 89£ for
cable transfers, 4 86| to 4 87 for prime and 4 86£
to 4 86£ for documentary commercial bills. Rates for
Continental exchange were also very strong at the
highest points. Gold to the amount of $1,750,000 was
shipped on Tuesday— $500,000 by Heidelbacli, Ickelheimer & Co., and $1,250,000 by Lazard Freres. On
Thursday the last-named firm obtained $750,000 from
the Sub-Treasury for shipment to-day, and yesterday
further heavy engagements were announced, making
the total exports to-day $5,405,000, as follow s: $3,000,000 by Lazard Freres, $500,000 by Kuhn, Loeb & Co.,
$500,000 by the Canadian Bank of Commerce, $500,000
by the Bank of British North America, $790,000 by
Heidelbach, Iekelheimer & Co., and $115,000 by two
other firms. In adlition to the shipments from New
York $750,000 gold will go out from Boston under con
signment' by Kidder, Peabody & Co. The gold taken by
the two Canadian banks goes to Canada. The state
ment of the country’s foreign trade for March, referred
to above, is summarized in the following.
F oreign T r a d e M ovem ent o f th e U n ite d S t a t e s .
In the following table three oiphera (000) are In all cases omitted.
■1392-93./------------ ■1891-92.M erch a n t
d is c .

Exports.

Imports.

EXC€88.

Exports.

*

t

July-Sept...
Oct-Dec....
January....
February...
March........

186.157
373,111
67,673
59,933
66,123

*
221,676
222,795
83.775
79,671
92,503

—35,519
+50,316
—16,102
-1 9,73 9
-26.07 5

3
218,203
332,917
100,138
86,638
81.829

*
3
194,500 +23,70
201,175 + 131.74
62,730 +37,41
65,383 +21.25
86,570
-4 .741

Total.......

653,301

700,420

-4 7,11 9

819,731

610,348 +209.383

2,179 +18.281
7,236
+7,237
371 +12,213
1,258 +12,988
6,603
+1,505

7,180
1,446
347
6,507
6,310

9.876
31,783
553
2,837
3.084

-2 ,6 9 6
-3 0 ,3 4 2
-305
+3,680
+3,236

Imports.

Exceu

G o ld .

July-Sept...
Oot-Dec....
January....
February...
March........

20,460
14,503:
12,584
14,246
8.U3

Total.......

69,906

17,652

+52,254

21,690

48,127

-2 6.43 7

July-Sept...
Oct-Dec....
January....
February...
March........

9,068
12,118
4,026
3,105
3,019

5,580
8,041
1,945
2,113
1,250

+3,488
+4.077
+2,081
+993
+1.769

7,345
10,675
2,352
2,547
2,417

5,147
6,702
1,116
1,336
851

+2,198
+3.973
+1,236
+1.211
+1,566

Total.......

31,336

18,929

+12.407

25,336

15,152

+10,184

S ilv e r .

+ Excess of exports.

— Excess of imports.

It will be seen that for the three months ending
March 31 there is an excess of imports in 1893 of
$61,916,556, against an excess of exports in 1892 of
$53,932,822.
The statement of anthracite coal production for the
month of March has been issued this week and shows
that the amount of coal mined was exceedingly large,
as indeed would be expected from the character of the
weather the past winter. The output for the month
reached 3,761,744 tons, against 3,070,526 tons in
March 1892 and 2,515,459 tons in March 1891, so
that the production was 50 per cent greater than two
years ago. As compared with last year the increase
is 691,217 tons, and it is interesting to note that of this
increase 459,454 tons came from the Wyoming region,
and thus benefitted the roads running into that region;
the increase in the output of the Lehigh region
was 159,001 tons, while the increase in the Schuylkill
region, whence comes the Reading coal, was only 72,763 tons. The enlarged production did not all go into
consumption, for we find that tide-water stocks are re
ported 179,333 tons heavier at the end than at the begin
ning of the month. Still, the consumption was large,
as will appear from the following table, in our usual
form.

THE CHRONICLE.

B46

J an ua ry 1 to March 31.

M arch.

W eek ending April 21, 1893.

I n to
B anks.

B a n k s ’ in t e r i o r m o v e m e n t , a s a b o v e
B u b -T r e a s . o p e r . a n d g o l d e x p o r t s . . .

$ 7 ,0 6 1 ,0 0 0

A n th racite Coal.
1892.

1891.

1893.

1892.

1891.

1893.

S to c k b e g in n in g ..
o f p e r io d ..........
P r o d u c t i o n ..............

Tons.
601,854
3,761,744

Tons.
885,653
3,070,526

Tons.
811,682
2,515,459

Tons.
657,868
9,915,480

Tons.
754,432
9,094,035

Tons.
535,652
8,031,622

T o t a l s u p p ly . .
Bt’k e n d o f p e r io d

4,303,598
781,187

3,956,179
821,023

3,357,141 10,573,348
784,587
781,187

9,848.467
821,023

8,567,274
784,587

D is p o s e d o f ___

3.582.411

3.135,156

2,572.554

9.792,161

9,027,414

7.782.687

fV o L L \ I,

2 2 ,6 0 0 ,0 0 0

O ut o f
Banks.

N et Ohanoe in
B ank Holdings .

$ 2 ,9 0 0 ,0 0 0 G a i n .$ 4 ,1 6 1 ,0 0 0 '
2 4 ,6 0 0 ,0 0 0 L o s s . 2 ,0 0 0 , 0 0 0

T o t a l g o l d a n d l e g a l t e n d e r s ........ $ 2 9 ,6 6 1 ,0 0 0 $ 2 7 .5 0 0 ,O O O G a in .$ 2 , 1 8 1 , 0 0 0

B U R LIN G TO N & QUINCY.

We have been favored with an early copy of the
Thus apparently 3,582,411 tons of coal were disposed Burlington & Quincy report for 1892, and publish the
of by the producers in March 1893, against only 3,- essential parts of it in our railroad department on
135,156 tons in March 1892 and but 2,572,554 tons in subsequent pages. The growth in traffic which has
March 1891.
For the first quarter the consumption marked the year’s business and the magnitude of the
figures out 9,792,161 tons in 1893, against 9,027,444 system’s operations are shown in the fact that the in
tons in 1892 and 7,782,687 tons in 1891. Of course crease in gross earnings for the twelve months of 1892
this does not allow for changes fin the stocks held at as compared with the twelve months of 1891 reache
interior storage points, in reference to which no infor the large sum of $5,086,266. At the same time one
gets an idea of the nature of the conditions which have
mation is available.
The Baltimore & Ohio this week declared a semi prevailed— conditions which make it so difficult for
annual dividend of
per cent. The earnings state railroad managers to net satisfactory results from the
ment for the month of March was presented at the transportation work— when one sees that the addition
same time, and makes a much better comparison than to net earnings on this gain of over five million dollars
did the returns for the months immediately preceding. in gross receipts has been only a little over one million
Taking the lines both east and west of the Ohio dollars— $1,166,513. The contrast becomes still strong
River, there is an increase of $124,267 in gross earn er if we include the results for the properties controlled
ings and an increase of $41,374 in net earnings. by the Burlington & Quincy. In that case, with a
For the nine months of the fiscal year from the gain in gross earnings of $5,060,026, there is a gain in
1st of July gross earnings have decreased $20,939 and net of only $809,843. In brief, gross results have been
net earnings $580,281.
The Pittsburg Cincinnati satisfactory enough, but the improvement here has
Chicago & St. Louis, one of the Pennsylvania lines, been attended by an augmentation of 4^ million dollars
shows for March an increase of $73,785 in gross in expenses, thus reducing the gain in net to small
earnings and a decrease of $12,938 in net earnings. proportions.
The experience of the Burlington & Quincy in these
The Pittsburg Youngstown & Ashtubula, another
particulars
of course has been no different from the
Pennsylvania line, shows $1,529 increase in gross and
$1,852 decrease in net. The Nashville Chattanooga & experience of other roads, and yet it emphasizes the.
St. Louis reports an increase of $18,617 in gross and an nature of the existing situation when a road of tha
increase of $12,713 in net. The West Virginia Central strength and conservative management of the Quincy,
& Pittsburg has $4,597 increase in gross and $5,272 no less than roads having smaller advantages, reflects so
increase in net. The San Francisco & North Pacific clearly the effects of the prevailing conditions. The
has net of $2,655 against $12,417, the Quincy Omaha fact that the improvement in net has been no heavier
& Kansas City $10,154 against $7,401, and the Summit must of course be referred to two main circumstances,
Branch with the Lykens Valley a deficit below expenses namely an increase in operating cost and a decrease in
rates. The report does not give the average rate per
in 1893 of $11,837 against net of $8,529 in 1892.
The following table indicates the amount of bullio n ton per mile, but speaking of the increase in the ratio
in the principal European banks this week, and at the of expenses to earnings from 66-45 per cent in 1891 to
68‘08 per cent in 1892, Mr. Charles E. Perkins, the
corresponding date last year.
President, states that this is largely due to the fact that
A p r il 2 0, 1893.
April 21, 1892.
the increased earnings came almost wholly from the
B ank of
Silver.
Total.
Gold.
Gold.
Silver.
Totai
carriage of low-class freight, like grain, lumber, coal
£
£
£
S
£
~£
and other staples, which are necessarily transported
25,675,790 24,409,133
E n g l a n d ........... 25,675.790
24,409.133
P r a n c e .............. 66.816,018 51,153,310 117,969,328 57,430,000 51.029.000 108,459,000
upon a very small margin of profit. Mr. Perkins also
G e r m a n y * ___ 32.190.000 10,730,000 42.920.000 35,745.750 11,915,250 47.661.000
states that had the average freight earnings per ton per
A u s t .- H u n g ’ y 10.302.000 17,503,010 27.865.000
5.481.000 16.739.000 22.220.000
3,814.00(' 6.823.000 10.037.000
3.184.000 7.169.000 10.353.000
N e t h e r t a n d s ..
mile been the same in 1892 as in 1891, the ratio of ex
4,324,000
2,832,667 1,441.333
N a t .B e lg iu m *
2.816.000 1.408.000
4,224,000
penses'
to earnings would have been only 65’68 per cent.
6.045.000
7,254,000
7.713.000
13.758.000
S p a in .................
4.147.000 11.401.000
T o t . t h is w e e k 148,823,475 94,041,643 242,865,118 136,949,833 92.061,250 229,031,133
The increase in the road’ s business has been of really
T o t . p r e v . w ’ k 148.327,517 93,726.652 242.054.169 135,379.590 91.789 107 227.168 757
striking dimensions.
Taking the traffic movement
• T H e d i v i s i o n ( b e t w e e n g o l d a n a s U v e r ) g i v e n i n 'o u r t a b l e o f c o m a n
one
mile
as
the
measure
of the transportation work:
b u llio n in t h e B a n k o r G e r m a n y a n d t b e B a n k o l B e lg iu m is m a d e I r o n :
t h e b e s t e s t im a t e w e a r e a b le t o o b t a in ; in n e ith e r o a s e is it o la im e d t o
done, we find that the number of tons of freight car
e a o o n r a t e , a s t h o s e b a n k s m a k e n o d i s t i n c t io n in t h e ir w e e k l y r e t u n s.
ried one mile increased from 1,804 millions in 1891 to
m e r e ly r e p o r tin g t h e t o t a l g o ld a n d s ilv e r , b u t w e b e lie v e th e d iv is io n
no less than 2,345 millions in 1892, or 30 per cent,
w e m a k e is a c lo s e a p p r o x im a tio n .
N o t e .— W e r e c e l v e t h e l o r e g o i n g r e s u l t s w e e k l y b y o a b l e , a n d w h i l e n o t
while the number of passengers carried one mile in
a ll o l t h e d a t e g iv e n a t t h e h e a d o l t h e o o lu m n , t h e y a r e t h e r e t u n s
creased from 289 millions to 325 millions, or over 12-J
s s n e d n e a r e s t t o t h a t d a te — th a t is . th e la t e s t r e p o r t e d fig u re s .
It is almost needless to declare, with a gain
The following gives the week’s movements of money per cent.
of
over
five
million dollars in gross in the late year,
to and from the interior by the New York banks.
that the aggregate of the gross receipts is decidedly the
Recetved by Shipped by
N e In ten i
Week Eluding April 21, 1893.
largest in the company’s history. The same cannot be
N .T . Banks. N . Y . Banns.
Movement
said of the aggregate of the net, which, though the
i 6 ,1 6 1 ,0 0 0
$ 2 ,2 f 0 ,0 0 0 G a i n $ 3 ,9 6 1 ,0 0 0
G o ld .........................................................
9 l0 ,0 U (
7 0 0 ,0 0 0 G a i n .
2 0 0 ,0 0 0
best o’f the last five years, is much below the totals of
T o t a l g o l d a n d le g a l t e n d e r s ___
S>7,081,00<
$ 2 ,9 0 0 ,0 0 0 G a in * 4 ,1 6 1 ,0 0 0
the years immediately preceding 1888. Compare, for
With the Sub-Treasury operations and gold exports, instance, with 1883. In that year the gross earningethe resulMs as follows.
were only 26 million dollars; now they are over 33 mil

A pb il 22, 1893.]

THE CHRONICLE.

lion dollars, the roads “ controlled” being excluded in
both years. But while the 26 millions gross of 1883
yielded net of $12,613,891, the 33 millions gross of 1892
yielded net of only $10,533,383— that is, over two
million dollars less. This shows how greatly the situa
tion has changed during the last ten years, and how
much more difficult it is to obtain satisfactory results
from the transportation work than formerly.
Of
course the Quincy is now operating a much larger
mileage than ten years ago, and part of the increase in
expenses has arisen from that circumstance, but except
for the decline in rates the new mileage itself would be
yielding totally different and very much better results.
In the changed situation the Quincy must be regarded
as doing remarkably well, and stockholders certainly
have every reason to feel gratified at the good exhibit
which the company is able to make. The income
statement for 1892 shows that in that year the company,
after meeting all charges and paying 5 per cent
dividends on its stock, carried forward a surplus on the
operations of the twelve months of $801,781. In other
words, while paying 5 per cent the company earned a
little over 6 per cent. For a property of the size of the
Quincy, and in times-like the present, such an outcome
is most assuredly gratifying. It is well to bear in mind,
too, that this is the result after a contribution of $765,185 to the sinking funds. We are referring now sim
ply to the direct contribution out of earnings. The
Quincy has very heavy sinking funds, being in fact
especially distinguished for that feature of its afEairs.
Counting the accretions arising from the payment of
interest on the bonds held in the funds, the total
contribution for the year will foot up fully I f
million dollars. President Perkins is inclined to take
an encouraging view of the future. He says it seems
reasonable to hope that with the improvements which
are being made to the property and with the growth of
the country where it is situated, in population and pro
duction, the company may gradually increase the net
result and be able as time goes on to obtain for the
owners a more satisfactory return.
The financial condition of the company is evidently
very strong. The balance sheet shows $3,310,365 of
cash in the treasury December 31, 1892, besides $3,160,021 of accounts and bills receivable and $521,171 of
sundry available securities, making altogether $6,991,557 of current assets; aggregate current liabilities on
the other hand, including interest due January 1, 1893,
are reported at only $4,415,649, the company having no
notes or bills payable outstanding. As regards the fund
ed debt, $8,439,500 of new bonds were issued during the
year, but a3 $907,350 of bonds were canceled through
the operation of the sinking funds, the net addition to
the debt has been $7,532,150. The current year, as is
known, the company offered to stockholders $5,876,500
of new stock, and also the same amount of consolidated
7 per cent bonds due in 1903, the new securities to be
issued July 1. The construction and equipment ex
penditures for 1892 aggregated $6,386,297] the pro
ceeds of the new securities are to be applied to certain
further capital outlays during 1893, and also to provide
for the payment of $3,542,000 Burlington & Missouri
7 per cent bonds which fall due next October. The
payment of these bonds will release $6,721,780 of in
terest-bearing securities now held in the sinking fund
for the redemption of the bonds. Hence the result of
the issue of the new Q.uincy stock and bonds will be to
increase only slightly the yearly requirements for in
terest and dividends.

617

THE NORFOLK & WESTERN REPORT.
The present report of the Norfolk & Western differs
materially in the character of the results revealed from
the reports for the years preceding. Examination shows,
however, that though the fiscal outcome of the year
has undoubtedly been disappointing, in certain essential
particulars the road's operations still present a very
encouraging aspect. We refer especially to the con
tinued growth and development of the traffic of the
system in all departments. For while the net earnings
have fallen off (for reasons presently to be mentioned),
the gross earnings are decidedly the largest in the com
pany's history, and the road carried more passengers
and more passengers one mile and more freight and
more freight one mile than in any preceding year.
Not only that, but almost all the separate items of the
traffic show continued growth, the 1892 tonnage in
iron ore, in pig iron, in coal, in coke, in stone and in
zinc being in every case the largest on record; and
there has been further increase, too, in the freight
traffic other than mineral. The expansion in the
road’s business in recent years, as we have many times
pointed out in these columns, has been a very striking
and noteworthy feature, and it is pleasing to find that,
notwithstanding the many unfavorable conditions
which existed, it was possible to make further progress
in the same direction during 1892.
As compared with the year preceding, gross earnings
increased $764,839, or 8 per cent, but expenses in
creased $1,021,905, or 17 per cent, and consequently
net earnings fell off $257,065, equal to 8 per cent.
This loss in net earnings came at a time when the com
pany bad increased charges to meet by reason of the
extension of the debt and mileage of the system, and
as a result the company has been obliged to suspend
dividends on its preferred shares. The income state
ment now submitted shows that, including $136,260 of
the special dividend fund provided at the time of the
acquisition of the Shenandoah Valley road, the net
earnings for the year were $3,202,075, against which
the charges were $2,475,761, leaving a balance of net
earnings for the twelve months of $726,313, equal to
about I f per cent on the 43 million dollars of preferred
stock outstanding. The dividends actually paid
during the year aggregated 2 f per cent, calling for
$1,030,000 (the October dividend of one per cent
included in this aggregate having been paid in scrip)
and on that basis the year's operations show
a deficit of about three hundred thousand dollars. But
those dividends were made not on the operations, for
the twelve months ending December 31 but on the
operations for the twelve months ending June 30,
in which period the net income was sufficient to meet
the dividends; .of the two dividends paid in 1892,
only the October dividend of one per cent, calling for
$430,000, is chargeable against that year’s accounts,
deducting which there is left a surplus of $296,313.
This latter amount, the report says, would under or
dinary circumstances have been applicable to the divi
dend payable in April, 1893, had not the amount
been considered too small to justify the declaration of
a dividend. In brief, then, it may be stated that I f
per cent was earned on the preferred shares in 1892
and one per cent declared, the payment being made
in scrip to give the company the use of the cash .
Previously the company had for several years paid 3
per cent per annum, and had shown a surplus above the
amounts required for that purpose.

648

THE CHRONICLE.

When we come to examine into the causes for the
less favorable results, we find some general in their
nature and not at all peculiar to the Norfolk & West
ern, and some special to that road. It is of course
well known that considerable trade depression has pre
vailed in the South, in large part because of the low
price of cotton, and in this depression the Norfolk &
Western suffered in common with other roads. The
effect of that influence was to reduce the general mer
chandise traffic of Southern roads. Not only that, but
the last cotton crop having been short, there was a
falling off in the cotton traffic, the number of bales
carried over the Norfolk & Western in 1892 having
been, it is stated, 54 per cent less than the number of
bales transported in 1891. It is also well known that
the condition of the iron trade, in which the Norfolk
& Western is so vitally interested, has been very un
satisfactory on account of the low prices ruling for the
pig metal. We have stated above that the road moved
more pig iron in 1892 than ever before, and this is
true, the tonnage for that year being 417,611 tons,
against only 283,590 tons for 1891; but President Kim
ball points out that nevertheless many of the furnaces
on the line of the Norfolk & Western and its connec
tions were out of blast, and he declares, furthermore,
that to the furnaces in operation it was necessary to
make material reductions in rates.
These low rates have been an important influence in
the year’s results. The falling off in tonnage was gen
erally in the classes of freight paying the highest rates.
On the other hand, the increase was mainly in the
classes paying the lowest rates. As compared with the
year preceding, aggregate tonnage in 1892 expanded
no less than 826,786 tons—a record of growth which is,
all things considered, fully as noteworthy as the record
of development for the years preceding; of this in
crease, however, 650,777 tons was in coal and other
minerals, and had to be taken at very low rates. We
have on previous occasions pointed out what a strik
ing position the Norfolk & Western holds by reason of
the large preponderance of mineral traffic in its ton
nage and the exceedingly low rates at which it is
obliged to do its transportation work— features which
make it possible to net a profit only under very careful
management. In the late year there was a further de
cline in the average, which has thus been reduced to
only a little over half a cent per ton per mile, actually
5-37 mills— this covering not mertdy the poorer classes
of freight but being the average on all classes, high and
low,and thus indicating that some freight was carried for
much less than half a cent per ton per mile. The
difficulty which the road encounters in this matter of
rates is not alone that the freight is of the lower
classes, but that a large portion of it is bituminous
coal carried to tide-water, on which competition with
the other producing regions has been very intense. It
would seem that in this particular an improvement may
be expected the current year, first because seaboard
bituminous coal is bringing better prices and secondly
because the Norfolk & Western, now that it has its
Ohio extension in operation, will have a Western outlet
for its coal, thus relieving to that extent the pressure
at tidewater. It is interesting to note, as showing how
small the average freight rate on the Norfolk & West
ern is, that on the Pennsylvania lines east of Pittsburg
and Erie, where also the mineral traffic forms a large pro
portion of the whole, the average for the calendar year
1892 was 6‘26 mills per ton per mile, being thus much
higher than the average of the Norfolk & Western.

[V on, UVI.

There were also certain special circumstances that
tended to make the operating results unfavorable
during 1892. The company had added a considerable
amount of new mileage, and this was worked under
considerable disadvantages. The Ohio extension was
opened for traffic November 1, 1892. “ Wintry weather
of protracted and extreme severity almost immediately
followed the opening of the line, and not only post
poned its completion, but caused an almost entire sus
pension of work upon the many new coal mines, saw
mills and other local industries, and the settling of the
new embankments, slides, etc., rendered the operation
of the new line during its first winter difficult and
costly.”
Thus the management have had mauy adverse condi
tions to contend against, and under the circumstances
it must be considered gratifying that the company was
able to do on the whole so well. The system has been
greatly enlarged in recent years—all, however, in pur
suance of a well defined policy to develop local industries
by creating outlets for their products— and this new
mileage has necessarily involved an increase in the
outstanding obligations of the company and in its yearly
charges. The management speak very frankly and
say that the system has been extended more rapidly
than would have been the case had they been able toselect their own time to acquire or extend lines neces
sary to protect its territory. They state, moreover, that
no new extensions or improvements were undertaken
during the year, that the work done was merely in
completion of undertakings previously begun, and
they repeat the declaration made at the time of the
October dividend, that the system is now practically
complete, and that no further large expenditures
are anticipated or will be required, future capital
outlays to be confined to such moderate annual
expenditures for equipment, additional side-tracks,
double-tracking and terminal facilities as the increas
ing business may necessitate. They regard the comple
tion of the Ohio extension as by far the most important
event in the history of the company, and think that
now that the system is complete it will be possible toadd greatly to its through traffic, the increase in
which in recent years has not been proportionate to the
increase in local traffic. During the current year the
results for January and February were affected by thevery severe weather prevailing, and earnings, both grossand net, fell off heavily. Since then, however, there
has been a decided improvement, and now gross earn
ings show heavy gains; for March the increase is $116,727, and for the first two weeks of April it is$49,221.
As regards the company’s finances, the balance sheet
shows $788,927 of bills payable, besides the $2,000,000
collateral loan which matures December 31, 1893. As
against these obligations the company owned at the
close of the year $5,938,000 of 100-year mortgage
bonds, and was entitled to withdraw from the trustee
of the Maryland & Washington Division mortgage
$209,000 of the bonds issued under that mortgage.
Next January the $525,000 of convertible debenture
bonds will also fall due. President Kimball states that
arrangements will be made during the present year to
fund these various obligations. Concerning the ordinary
current liabilities, the accounts payable December 31,
1892, were $1,335,346, and accrued interest &e., was.
$894,065, making $2,229,411 together; the offsets were
$840,482 of cash and $1,575,188 of accounts receivable,,
or $2,415,670 together.

A p r il 22, 1898.]

THE CHRONICLE.

RAILROAD ENDORSEMENTS.—ART. III.
G U A R A N T I E S O F P R I N C I P A L A N D I N T E R E S T f C o n t .J

Last week we became familiar with some of the best
forms of guaranteeing principal and interest. To-day
we wish to describe some additional guaranties of prin
cipal and interest unlike any that wre have yet men
tioned, and also some special cases, such, for instance,
as involve two or more guarantors for the same issue,
the endorsement of a part of an issue and not the en
tire amount of outstanding bonds.
A member of a firm doing an extensive business in
high-grade bonds recently remarked to us on the im
portance of having guaranties contain an agreement
that the coupons shall be cauceled when paid or re
deemed. We replied that many of the recent mort
gages contain a clause which requires such cancellation.
Yes, he said, but the investor seldom has the mortgage
before him, and the bond is more desirable in his eyes
if by glanciDg at the endorsement he can assure himself
that there is no danger of the coupons after redemption
being held alive by the guarantor to the impairment of
the bond’s security. The point seems to be well taken,
yet we can recall but one example of an endorsement
embracing the desired provision, and that is found in the
extract from the lease of the St. Paul & Northern Pa
cific to the Northern Pacific, which is printed upon the
St. Paul & Northern Pacific’ s general mortgage 6 per
cent bonds due Feb. 1, 1923. This extract says:
ST. P A U L & N ORTHERN PA C IF IC G E N ERAL M ORTGAGE 6 s.

“ The said Northern Pacific Railroad Company, party of the
second part, hereby covenants, promises and agrees to and
with the bolder of each of said forty-year six per cent gold
bonds of the said St. Paul & Northern Pacific Railway Com
pany, party of the first part, that it shall and w ill pay or
cause to be paid to each holder of said bonds the principal and
interest thereof as the same shall become due and payable,
according to the terms of said bonds, and the mortgage or
deed of trust securing the same, and ivill cause to be e x tin 
guished an d canceled all the coupons and w arra n ts fo r said
in terest as the sam e shall be p a i d .”

The Northern Pacific employs extensively on the
bonds of its leased lines a guaranty that is in effect an
agreement to pay both principal and interest, though
the agreement to pay the principal is’ in an unusual
form. For five of the earlier issues of leased line
bonds the endorsement states that the Northern Pacific
having leased the road “ agrees hereby to pay" * * *
“ as part of the rental, the interest on the within bond
“ as it shall become due, and the semi-annual instaT
“ ments for the sinking fund sufficient to redeem the
“ bond itself, at or before maturity, as provided in the
“ mortgage." For the later issues the form of guar
anty varies somewhat, but in general it may be said to
state that the company for value received “ hereby
“ guarantees " * * “ the semi-annual payment of
“ the interest on the within bond as the same shall be“ come due, and also the payment of the semi-annual
“ instalment to the sinking fund," a sinking fund
sufficient to retire the entire issue being provided by
the mortgage. In both of these, by thus guaranteeing
the sinking fund, the principal, it will be seen, is also
practically guaranteed. We append the endorsement
on the Northern Pacific & Montana First Mortgage 6
per cent Gold Bond:
NORTHERN PACIFIC & MONTANA FIR 8T 6s.

“ For value received the Northern Pacific Riilroad Co.
hereby guarantees the semi-annual payment of the interest on
the within bond, as tne same shall become due, and also the
payment of the semi-annurl instalment of one-half of one per
cent on the principal, tor the sinking fund, as provided in a
supplemental m »rtgage dated the 1st day of October, 1883.”

The guaranty of payment and the guaranty of pur
chase are totally different in their intent and are in no

6*9

wise to be confounded. We have said above that where
payment is guaranteed, an agreement to cancel the
coupons may properly be included in the guaranty.
With the guaranty to purchase this provision is cer
tainly not compatible, for all that the guarantor under
takes to do is to save the creditor harmless by taking
up the bond and its coupons as they severally mature
in case the maker of the bond fails to meet his engage
ments. If the guarantor, having thus fulfilled his
obligation, presses his claim in turn against the princi
pal debtor, it is assuredly no affair of the bondholder.
The Grand Rapids & Indiana first mortgage bonds
extended at 4£ per cent till July 1, 1941, as well as
certain of the old 7s due in 1899, carry the purchase
guaranty of the Pennsylvania Railroad Company, the
41 per cents being endorsed as follows:
G RAN D R A PID S & INDIANA E X T E N D E D Akis, D U E 1041.

“ In consideration of the agreement by the obligor and the
holder of this bond to extend the time of payment of the prin
cipal thereof until July first, one thousand nine hundred and
forty-one, and that the interest thereon shall be reduced to the
rate of four and one-half per centum per annum from the first
day of July, one thousand eight hundred and ninety-one, the
Pennsylvania Railroad Company doth hereby agree that any
holder of this bond, or o f any coupon thereto belonging, will,
if such bond or coupon remain unpaid after said time of
maturity and demand of payment, become entitled, upon
si sty days’ notice in writing to the Pennsylvania Railroad
Company, or its assigns, to have the same purchased at par,
in pursuance of a resolution of the board of directors c f the
said Pennsylvania Railroad Company adopted on the eleventh
day of March, one thousand eight hundred and ninety-one
providing for the extension of the time of payment.
“ It is understood and agreed that this bond and'each and
every coupon th ereof which may be so p urcha sed by the said
Pennsylvania Railroad Company or its assigns shall co n tin u e
in full force and validity after such purchase, and remain and
be a debt secured by said mortgage, payable by and enforcable
against the said Grand Rapids & Indiana Railroad Company
in the same manner and to the same extent as before such
purchase.
“ In witness whereof, the said Pennsylvania Railroad Com
pany has caused its corporate seal "to be hereunto affixed,
duly attested, the first day of July, one thousand eight hun
dred and ninety-one.
....................
“ Attest: ....................
“ V ice-P resident.
“ Secretary.”

Another instance'of this sort of guaranty is upon all
the first mortgage bonds, and on $1,600,000 out of the
$2,600,000 second mortgage bonds, of the St. Louis
Yandalia & Terre Haute, the guarantors being the
Terre Haute & Indianapolis, the Pittsburg Cincinnati
& St. Louis (now Pittsburg Cincinnati Chicago & St.
Louis) and the Columbus Chicago & Indiana Central,
this last-named company having been succeeded by
the Pittsburg Chicago & St. Louis, which also went
into the Pittsburg Cincinnati Chicago & St. Louis con
solidation. The wording in this case is as shown below:
ST. LOUIS V AND ALIA & TE RRE HAUTE FIRST MORTGAGE 73.

“ For a valuable consideration, the Terre Haute & Indian
apolis Railroad Company, the Columbus Chicago & Indiana
Central Railway Company and the Pittsburg Cincinnati &
St. Louis Railway Company hereby covenant and agree with
the lawful holder of the within bond that they will, when
and as the said bond and the interest warrants thereon shall
respectively become due, when requested and upon the sur
render and delivery of the same to them or their agents in
the city of New York, purchase the said bond and interest
warrants for cash at par according to the terms and effect
thereof, and w hen so piurehasid, each and all o f said bonds
and interest coupons are to be held b y said com panies, with
all the rights thereby given and w ith the benefit o f every se
c u r ity therefor.”

From what has already been said it follows that a
guaranty of purchase to bo a complete guaranty should
always embrace the purchase of the bonds as well as
its coupons, if the security of the bond is to be pre
served. Iu this respect it differs from the guaranty of
payment, which may include either the coupons alone
or the principal as well as the coupons.
Of guaranties in which two or more companies share
the obligation to pay in case the maker of the bond is
delinquent we have quite a number of examples.

THE CHRONICLE.

650

Usually the guarantors “ jointly and severally” agree
to make payment if default occurs, but in one instance
which we have in mind they “ severally, lilt not
jointly, guarantee each the payment of one-half part*
&c,” which of course means, as the words plainly
say, that instead of each of them being liable for the
whole of each bond and its interest upon default, each
is liable only for his one-half part of such principal
and interest. The case is worth noting as illustrative
of a certain kind of guaranty, although now the two
guarantors (the Atchison and the St. Louis & San
Francisco) have become so amalgamated as to be about
equivalent to one corporation. Their guaranty in the
form that follows is upon the Atlantic & Pacifi c trus^.
mortgage 4s of 1937 and the Western Division second
mortgage 6s of 1907; but the latter issue has been re
tired by the guarantors. The guaranty states that :
A TLAN TIC & P A C IF IC TRUST M O R TG A G E 4s.

“ The Atcbison Topeka & Santa Fe Railroad Company
and the St. Louis & San Francisco Railway Company sev
erally, but not jointly, guarantee each the payment of onehalf part of the principal and interest of the within bond as
the same shall mature.
“ A t c h is o n T o p e k a &

S a n t a F e R a i l r o a d C o .,

B y -----------------------------

Comptroller.

“ S t . L o u is & S a n F r a n c is c o R a i l w a y C o .,

B y -----------------------------

Treasurer.”

As an instance of a guaranty which is made jointly and
severally by more than one party, we submit the follow
ing, taken from the Pine Creek 6s, which the New York
Central, the Reading and the Corning Cowanesque
& Antrim (now Fall Brook Railway Company) unite
in endorsing. The bonds were issued as long ago as
1885, but a block of them was not long since sold
in this market. We annex the guaranty.
P IN E C R E E K FIR ST M ORTG AG E 6s.

“ Under the provisions of an agreement made the 15th day
of July, 1882, and also under the provisions of an agreement
made the 4th day of February, 1882, between us and the
‘Jersey Shore Pme Creek & Buffalo Railway Company’ and
William H. Yandeibilt, and in consideration of one dollar to
each of us paid, we, the N. Y . Cent. & H. R. RR. Co., the
Philadelphia & Reading Railroad Company and the Corning
Cowanesque & Antrim Railway Company, jo in tly and sever
ally, gua ra n tee an d become sureties for the payment of the
principal and interest of the within bond, according to the
conditions thereof. Witness our respective corporate seals,
attested by the signatures of our respective presidents and
secretaries.”

A feature of the above endorsement is the use of
the words, “ become sureties f o r ” the debtor.
Not to multiply needlessly specimens of joint guar
anties, which, as we have said, are not uncommon, we
pass to an exceptional case which recently came to our
notice. It is that of an issue of bonds all of which bear
a guaranty, one-half of the bonds of the authorized issue
having as guarantor the Pittsburg Cincinnati Chicago
& St. Louis, the other half being guaranteed by the
Pittsburg & Lake Erie. The bonds are the Pittsburg
Char tiers & Youghiogheny 4 per cents of 1892, and the
instrument referred to reads as follows :
PITT SB U R G C H A R T IE R S & YOUGH IOGH EN Y.

[Y

ol.

LV 1.

be placed on 7 millions or more of general consols of the
Iron Mountain Company, there being besides these out
standing a much larger amount not guaranteed. The
guaranteed bonds are stamped as here shown.
ST. LOUIS IRON MOUNTAIN & SOUTHERN GEN. CONSOL 5s.

“ The Mis-ouri Pacific Railway Company, for and in con
sideration of the sum of one dollar, to it in hand paid by the
holder hereof, and for other good and valuable considerations,
does hereby covenant to guarantee to the holder of this
bond for the time being that the St. Louis Iron Mountain &
Southern Railway Company shall and will pay the principal
of this bond and the interest thereon as the same shall re
spectively become due and payable, according to the tenor
and conditions of said bond and of the coupons thereunto an
nexed. And in case of default of payment of such principal
or c f any instalment of such interest the said the Missouri
Pacific Railway Company will make such payment.
“ In witness whereof, the said The Missouri Pacific Railway
Company has caused its corporate name to be signed
hereto by its President or Vice-President, and its corporate
seal attested by its Secretary, to be hereto affixed this eighth
day of December, 1890.
“ T h e M is s o u r i P a c if ic R a i l w a y C o m p a n y ,
[S e a l .]

B y .............................................
V ice-P resid en t .

A ttest:
S ecreta ry."

The reason for an exception in favor of certain of the
bonds was that after the unguaranteed bonds had been
sold, the Missouri Pacific, as owner of most of the stock
of the Iron Mountain, was desirous of refunding some
of the underlying liens upon the Iron Mountain prop
erty, and therefore offered, as a special inducement to
holders to accept the terms of exchange, to stamp its
guaranty on the general consols which were to be issued
in lieu of the prior bonds turned in.
A more remarkable case is that of the Virginia Mid
land general mortgage bonds. Formerly none of the
issue bore any endorsement, though under the lease of
tbe road to the Richmond & Danville a rental was pro
vided sufficient to pay the interest upon them. This
being so, the company wished to dispose of a large ad
ditional block, and the banking house which contracted
to take them insisted that their purchase should be
stamped with the Danville Company’s guaranty of
principal and interest in gold, the original bonds being
payable in currency. When this had been granted the
privilege of having their bonds stamped in a similar
manner was extended to all holders of general mortgage
bonds who would pay 2£ per cent therefor. During
the receivership of the R. & D. the right is suspended,
hut the guaranty is as follows:
V IR G IN IA M IDLAND G E N ERAL MORTGAGE BONDS.

“ For a valuable consideration to it paid the Richmond &
Danville Railroad Company hereby guarantees the prompt
payment of the principal and interest of the within bond in
gold.
In testimony whereof the said Richmond & Danville Railroad
Company has caused this guaranty to be signed by the
President and the corporate seal to be affixed th is----- day
o f ----- , 1888.
------------------, President.”

The next case that we shall refer to is unlike either
of the instances last mentioned, since all the bonds of
the loan outstanding are guaranteed, principal and in
terest, notwithstanding the fact that only numbers
from 3,601 up are so stamped. The loan is the Fre^
mont Elkhorn & Missouri Valley Railroad consolidated
first mortgage 6 per cent bond. The brief endorsement
says:

“ For a valuable consideration the Pittsburg Cincinnati
Chicago & St. Louis Railway Company [or Pittsburg & Lake
Erie Railroad Company, as the case may be] guarantees the
payment of the principal of the within bond and of the several
FREMONT E LKH ORN & MISSOURI V A L L E Y CONSOLS.
instalments of interest that may become due thereon, accord
ing to the tenor of the coupons thereto affixed at the time
“ For value received, the Chicago & Northwestern Railway
mentioned therein for the payment of the same respectively Company hereby guarantees the payment of the principal and.
by the Pittsburg Cbartiers & Youghiogheny Railway Com interest of the within bond, according to the tenor thereof and
pany.”
the terms of the coupon thereto annexed.”

Loans that have been only in part guaranteed or
assumed are not very exceptional, but we have before
us copies of endorsements that have been applied to a
portion of tome important issues of bonds that ought
not to be passed by unnoticed. Below, for instance, is
the guaranty which the Missouri Pacific lias caused to

The bonds of the Kansas City Belt Company, whose
stock is owned one-half by Atchison Topeka & Santa Fe
and three-tenths by Kansas City Fort Scott & Memphis
and two-tenths by Chicago Milwaukee & St. Paul,
stand in a different position, for $534,000 of them are
endorsed as guaranteed, principal and interest, by the

THE CHRONICLE.

A pril 22, 1898.]

Kansas City Fort Sjott & Gulf, now Kansas City Fort
Scott & Memphis, but tbe remainder, we understand,
have no guaranty whatever from any company. Another
week we purpose to pass in review certain other endorse
ments.

RAILROAD N ET EARN IN GS FOR FEB R UARY.
Our statement of railroad earnings for February
makes a decidedly unfavorable exhibit, but we think
everybody was fully prepared for such a result. The
weather conditions were exceedingly adverse during the
month nearly all over the country, snow and ice and
generally cold weather having interposed serious obsta
cles to transportation operations.
Besides this the
month contained one less day than February last year,
and there was a falling off in the grain movement at
the West and in the cotton movement at the South; the
movement of provisions and live stock, as reflected by
the receipts of those staples at Chicago, also underwent
a material contraction. Finally, comparison is with a
month of extraordinarily favorable results last year.
The combined effect of these influences is a loss in
both gross and net earnings— $2,092,000, or 3-66 per cent
in the former and $2,797,409, or 16-54 per cent in the
latter. In tabular form the result is as follows:

651

In view of these heavy gains last year and the unfav
orable conditions ruling the present year, every fine
will understand that the losses by individual systems
now are many and large. The Pennsylvania has lost
$755,367 in net, the Reading (not including the Coal
& Iron Company) has lost $338,644, the Northern
Pacific $275,517, the Grand Trunk roads $180,505, the
Canadian Pacific $162,855, the St. Paul $153,558, the
Burlington & Quincy $144,073, the Illinois Central
$129,883, the Baltimore & Ohio $121,821, the Central
of New Jersey $91,384, the Cleveland Cincinnati Chicago
& St. Louis $72,315, the Flint & Pere Marquette $54,721, the AVisconsin Central $52,674, the Cincinnati New
Orleans & Texas Pacific $52,077, the Union Pacific
$46,567, the St. Paul & Duluth $46,066, &c., &c. It
will be observed that the losses come from all sections
of the country and from all classes of roads. The in
creases of any considerable amount, on the other hand,
are very few, and are confined to the Atchison, which
has gained $76,167; the Southern Pacific, which has
gained $58,029; the Chesapeake & Ohio, which has
gained $56,365; the Ohio & Mississippi, which has
gained $43,081, and the Summit Branch, which has
gained $41,606. Below we furnish a full list of all the
principal changes in both gross and net:
PRINCIPAL CHANGES IN G R O S S EARNINGS IN F R B R U 1 R V .

Illinois C entral.............. $117,969
Balt. & Ohio <2 roads)..
*95,119
Chic. Burl & Q u in e ? ...
86,149
Mo. Pac. and Iron M t..
77,390
1893.
1892.
Inc. or Dec
1893.
1892.
Inc orD c
W abash............................
68,004
*
$
$
$
*
*
Union Pacific (9 roads).
67,997
Gross eam’s 54.892,473 56,984,473 —2,092.000 111,713,547 113,119,161 —1,405,614
Cm. N. O. & T. P. (5 rds)
67,348
Wi-*. Central...................
63.201
Oner. exp... 40,777,332 40,071,923
4-705,409 83,977,564 81,183,335 +2.794,229
Total (representing
Flint & Pere Marquette
53,151
Net, earn’s 14.115.141 16,912.550 —2,7^7,409 27.765.P83 31,985,820 -4,199.843
40,875
13 road s)................ $488,033 Burliuutou C. R. & N ,..
D ecrea ses,
Northern C entral.........
38,631
New Jersey___
37,679
We have stated that comparison is with very favor Nor. P acific..................... $355,107 Central
35,417
t Penus.v lv’ nia (o roads)
2e4,003 Minn. & St. L o u is .........
31,906
able earnings last year. This will appear very clearly Grand Trunk (3 roads). 2*21,055 Nashv. Chat. & St. L . ..
Canadian P acific..........
196,016 D enver <fc R io G ran de..
31,715
when we say that the Pennsylvania system at that time New York L. Erie & W. 178,141
157,427
Philadelphia & Read’ g.
Total (representing
showed over a million dollars gain in gross and the Clev. C. C. & St. Louis.. 144,597
42 roads)................$2,591,584
Chic. Milw. & St. P aul.
142,657

February.

January 1* to February 28
(131 roads.)

(134 roads.)

Reading (counting the Coal & Iron Company) a gain
of nearly a million dollars, while the Quincy had
$830,481 gain, the Atchison $475,027, the St. Paul
$425,110, the Missouri Pacific and the Louisville &
Nashville each over a quarter of a million, the Erie
and the Baltimore & Ohio each over two hundred
thousand, &e., &c.; in net the improvement had been no
less noteworthy, the Pennsylvania having $513,145
increase, the Quincy $475,366, the Reading $252, 961,
the St.
Paul $171,327, the Denver & Rio
Grande $155,413, the Union Pacifii $123,374, the
Northern Pacific $102,396, and various other sys
tems smaller amounts. In the grand aggregate
of all the roads the increase reached over 7£ million
dollars in gross and over 2 f million dollars in net. In
fact, in the generally favorable character of the exhibits
in different parts of the country, the statement last
year had very few parallels and ranked among the
very best ever published by us. The following carries
the comparison of February results back for a series
of years.
Dross Earnings.

Fear and

number
of roads.
February.
1888
1889
1890
1891
1892
1893

( 74)
( 95)
(H5)
(118)
(188)
(134)
Jan 1 to
Feb .28.
1888 ( 71)
1889 ( 91)
1890 (113)
1891 (118)
1892 (181>
1893 (131,

Tear
Given.

Net Earnings.

Year
Increase or
Precedin']. Decrease.

Year
Given.

Year
Increase o*
Preced'g. Decrease.

*

t

30,809,301
38,225,494
43,062,809
45,317.064
58,i87,606
54,892,473

28,197,571
37,158,629
39,254,693
43.484,394
50,806.12
66,984,473

+2,611,793
-+1,066,855
+3,808,116
+1,832,670
+7,331.481
-2,032,000

*
8,376,661
10.328,149
11,743,620
12,340.957
10.429,389
14,115,141

*
*
8,587,676
+288,985
0,703,079
+565,070
10,940,022
+803,598
11,492,857
+854,100
13,640,828 +2,788,531
16,912,550 —2,797,409

69,090.249 56,828,130
78.961,724 73,094,114
87,600,693 80,525,600
95,191,776 83,424,183
114,988,317 105,970,950
111,7-43,547 113,149.161

+3,162,11+
+5,807,010
+7,060.993'
+5,767,293
+9,017,307!
-1,405.01)

15,782,870
20,656,516
24,104.600
20,206.324
30,891,690
27.705,983

17,173,214
17,600,052
21,823,188
23.817,620
28,860,802
31.905.820

1

-1,390.344
+ 3,050.4 64
+2,281.412
+2.428.704
+2,030,888
— 4.1 9 9+ 43

In crea ses.
A tcb..system (3 roads). $214,512
Southern Pac. (6 ro;ids)
10(1,501
Chicago it E. Illin o is ...
48.038
43.121
Buff. Roch & Pittsb —
Toledo <fc Ohio C en'ral.
42.348
32,912
Louisville & Nashville.

t Gross decreased $80,059 on E astern and $2 03,9 44on Western lines.
PRINCIPAL CHANGES IN N E T EARNINGS IN F E B U T l K ¥ .

Balt & Ohio (2 roa d s).. $121,822
91,384
$76,167 Central of New Jersey.
58,029 Clev. C. C. <&St. L ouis..
72,315
54,721
56,365 Fliut <fc Pere Marquette
43,081 Wis. C entral...................
52,674
41,606 Cin. N. O. & T. P. (5 r’ ds)
52,077
Uuion P acific (9 roads).
46,567
Total (representing
St. Paul * D u lu th ........
46,066
13 road s)............... $275,248 Minn. & St. Louis . . . . . .
44,077
P
eoria
&
E
astern..........
37,663
D ecreases,
i Penu^ylv’ uia (5 roads) $755,367 Chi afro & W. M ich.......
37,202
Philadelphia & R ead’g.
338,644 N orfolk .& W estern.......
36,810
36,296
Nor. P a c ific ....................
275,517 Northern Central.........
Grand Trunk (3 roads).
180,5'»5 Denver <fc Rio G rande..
31,616
31,090
Canadian Pacific..........
162,855 B url. C. R. <fe Northern.
Chic. Milw & St. Paul.
153,558
Total (representing
Chic. Burl. & Q u in cy ...
144,073
42 roads)................$2 ,933 ,782
Illinois Central..............
129,833
j n c p c s ise s.

Atoli.T. & S. Fe (3 roads)
So. Pacific Co (6 ro.ads).
Chesapeake & O h io ___
Ohio & Mississippi........
Summit B ranch (2 r’ ds)

t The net on Eastern lines decreased $335,571 and on Western lines
$419,796.

Southern and Southwestern roads present on the
whole the best exhibits. In fact these two groups and
the Mexican group are the only ones which record
improved net, and even the Southern group would
show a loss in the aggregate except for the large gain
on the Chesapeake & Ohio, as fully 17 of the 30 roads
in that section fall behind in their net. In the South
western group, too, 5 of the 11 roads have suffered de
creases iu net, and the increase in the aggregate fol
lows largely from the favorable nature of the Atchison
return.
As for the groups which record losses in net, the de
crease for the trunk lines is 23-40 per cent, for the
anthracite coal group 29-16 per cent, for the Eastern
and Middle group 23-92 per cent, for the Middle West
ern 21-15 per cent and for the Northwestern 23-62.
It will be observed that the ratios in all these cases are
large and do not vary a great deal; they follow very heavy
gains last year, amounting in one instance (the North
western group) to over 54 per cent. The losses are not

THE CHRONICLE.

65 2

only large, but they are general; thus in the trunk line
group the only gains are by the Wabash and the Ohio &
Mississippi; in the anthracite coal group the only gains
are by the Summit Branch and Lykens Valley; in
the Eastern and Middle group and in the Northwestern
group there is in each case but one minor road which
proves an exception to the rule of loss. In the Middle
Western group the showing is better, as no less than 11
roads (out of 23) are able to report an improvement in
net. The Pacific Coast group shows $436,824 decrease,
or 15’08 per cent, more than the whole of which is supplied by the Northern Pacific and Canadian Pacific.
The Southern Pacific has $58,1)29 gain, the Union
Pacific $46,567 loss; in both instances some of the
separate roads have losses and some gains.
S e c t io n o r
Group.

N et E a rn in gs.

Gross Earnings.

1892.

1893.

1892.

1893.

In c . or Dee.

February.
T r u n k lin es..(1 5 )
A n t b r a . c o a l (6 )
E a e t lS M id ..(16)
M i d . W e s t ’n.(23)
N o r t h w e s t ’n (12)
S o u t h w e s t ’n .(11^
P a c ifi c C oa st (20)
S o u tli e r n . . . . (SO)
M e x i c a n ........ (2)

$
17,058,551
3,281,557
1.787,606
3,466,385
6,606,242
6,976,914
9,275,775
5,504,110
935,333

$
16,060,178
3,436,364
3,807,809
3,580,903
6,979,475
6,838,206
9,809,118
5,543,256
929,164

$
3,765,667
987,757
415,518
806,817
1,699,161
1,830,941
2,459,942
1,785,987
303,351

$
4,916,091
1,394,597
546,168
1,099,280
2,227,768
1,780,030
2,896,766
1,785.247
266,603

T o t .. (1 3 4 ) r d s

54,892,473

56,984,473

14,115,141

16,912,550

-2 ,7 9 7 ,4 0 9

16-54

<Tan. 1 to Feb. 28.
T r u n k lin es..(1 5 )
A n t l ir a . c o a l (6)
E a s t .A M i d ..(35)
M i d . W e s t ’n.(2 3)
N o r t h w e s t ’n (32)
S o u t h w e s t ’ n ( 11)
P a c ific C o a s t (20)
S o u t h ’n r ’ds.(27 )
i l e x ' n r o a d s .. (2)

34,466,437
6,417,726
3,788,032
7,104,034
13,747,621
14,195,118
19,570,583
10,470,778
1,983,258

36,039,628
6,619,313
3,758,812

9,225,848
2,561,683
952,632
2,163,500
4,253,615
3,410,521
5,860,638
2,972,077
565,312

-2 ,4 0 3 ,6 5 7
-8 0 6 ,6 9 7
—187,284
—280,362
-7 3 7 ,3 5 7
+ 2 2 9 ,7 8 2
—383,637
+ 3 3 3 ,5 4 5
+ 3 5 ,8 2 4

26-05
31-49
19-65
12-95
17 33
6-74
6-54
11 22
633

27,765,983! 31,965,826

—4 ,199,843

1314

7,128,338
13,929,692
13,538,314
20,124,061
10,110.04
1,864,899

T o t . . (3 31 r ’ d s ) 111,743.547 '113,149,161
N

ote

.— i n c l u d e d

under

Trunk Lin es.
B . A <>., E a s t o f O h io .
B . A O .. W e s t o f O h io .
B . & O. S o u th w e ste rn .
C le v . C in . C h ic . A S t. L .
P e o . A E a s t e r n D iv .
G ra n d T r. o f Can.
C h ic. & G d. T ru n k .
D et. G d. H . A M .
N . Y . L a k e E r ie A W e s t ’ n
O h io A M is s is s ip p i.
P e n n s y iv , EaBt o f P . A E .
W e s t o f P t t s . & E r ie .*
G r a n d R aD . & I n d . s i s.
P it t s b . Y o u n g s . A A s h .
W abash .
Anthracite Coal.
C e n tr a l o f N e w Jerse^ .
N . V . O n t a r io A W e s t .
N . Y . S u s. & W e B t.
P h ila . & R e a d in g .
S u m m it B r a n c h .
L v fe e n s V a lle y .
E a stern and Middle.
A l l e g h e n y V a ll e y
B a t h A L ia m m o n d s p .
B r o o k ly n E le v a to n .
B u ff. R o c h . A P it t s .
C a m d e n & A tla n tic.
C o n n e c t ic u t R iv e r .
H o o s a c T . A W ll.
N o r t h e r n C e n t r a l.
S t a t e n Isla n d R . T .
S to n y C lo v e A C. M t.
U l s t e r & D e la w a r e .
V e r m o n t V a ll e y .
W e s t J ersey.
W e s t e r n M a r y la n d .
W estern N. Y. & P en n .
Middle W estern .
C h i c . A E a s t Jl).
C it*. J u n e . A U n .S t k .Y d 8
C h ic . A W e s t M ic h .
C in . J a c k . & M a c k .
C in . P o r t s . & V i r g in i a .
C l e v e l a n d A k r o n A C o l.
C l e v . & M a r ie t t a .
D e t . B a y C it y & A lp e n a .
D e t. L ans. A N or.

the

6.822,191
1,754,986
765,318
1,883,138
3,516,258
3,640,303
5,477,001
3,305,622!
601,136j

head

P . C.
$
-1 ,1 5 0 ,4 2 4 23-40
-4 0 6 ,8 4 0 29-16
-1 3 0 ,6 5 0 23-92
-2 3 2 ,4 6 3 21-15
-5 2 8 ,6 0 7 23 62
+ 5 0 ,9 1 1
2-86
-4 3 6 ,8 2 4 1 5 0 8
+740
004
+ 3 6 ,7 4 8 13-78

of—

M id die W est ern— ( ConcV d) .
F lin t A P e r e M a r q .
I ll in o i s C e n tr a l.
I n d ia n a p . D e c . & W .
I r o n R a ilw a y .
K an a w h a A M ich ig a n .
L a k e E . A l li a n c e A S o.
L a k e E r ie & W e s t e r n .
L o u is v . N . A . & C h ic.
M a n is t iq u e .
P it t s . M a r io n & C h i c a g o .
Sag. T u s. A H u r .
S a g . V a l l e y & S t. L o u is .
T o le d o A O h io C e n tr a l.
T o l. P e o r i a A W .
N orthwestern.
B u r l. C e d a r R a p . A N o r .
C h ic. B u r l. A N o r t h .
C h ic. B u r l. A Q u in c y .
C h ic. M il. A St. P a u l.
D e s M o in e s N or. & W e s t,
K eok u k & W e ste rn .
M ilw a u k e e A N o r t h e r n .
M in n . & S t. L o u is .
M in n . S t. P a u l A S. S. M .
Q u in c v O m a h a A K . C .
s t . P a u l A D u lu t h .
W i s c o n s in C e n t r a l.
Southwestern.
A t c h . T o p . & S an. F e sys.
S t. L . & Sa n F ra n . sy s.
C o l. M id la n d .
C u rre n t R iv e r .
D e n v e r & R i o G r.
K a n . C it y C lin . A S p r in g .
K a n . C . F t . S. A M e m .
M o . P a c . & I r o n M t.
R io G ra n d e S o u th e rn .
S ilv e r t o n .
T e x . S a o . V a l. A N .W .
Pacific Coast.
C a n a d ia n P a c if i c .
N o r t h e r n P a c ifi c .
O r e g o n I m p r o v e m e n t C o.
R io G r a n d e W e s t e r n .
S a n . F ra n . A N o r t h . P a c .
S o . P a c .—P a c . S y s t e m .
G a l. H a r . & S. A .
L o u is . W e s t e r n .

Pacidc Coast— (Cone'd).
S o . P a c .— (C ont.).
M orga n ’s L a . A T .
N. Y . T ex. & M ex.
T e x a s & N e w O r le a n s .
U n io n P a c ific —
O re. 8 h . L . & U ta h N o r .
O r e g o n R y . A N a v . C o.
U n io n P a c . D e n . A G u lf .
S t. J o s e p h & G r a n d lei.
A l l o t h e r lin e s U . P . sy s.
C en tra l B ra n ch U. P .
M o n t a n a U n io n .
L e a v e n . T o p . A S o u th w
M a n . A l m a A B u r l.
Southern Roads.
B ir. & A t l a n t i c .
B ir. S h e ff. A T e n n . R i v .
C a r o lin a M id la n d .
C
h a r. C
A C h ic .
____
_ in . _______
c n e r a w A D a r lin g t o n .
C h e s a p e a k e & O h io .
C h e s . O h io A S o u t h w e s t .
C in . N . O . & T e x . P a c .
A la b a m a G ’t S o u th e rn .
N e w O r. A N . E .*
A l a . A V i c k s b u r g .*
V i c k b . S h. A P a c .*
G e o r g ia R ati r o a d .
G a . S o u t h e r n A F la .
G u l f A C h ic a g o .
K a n . C it y M e m . A B ir.
L o u is v i ll e A N a s h v ille .
L o u is . S t. L o u is A T e x .
M a c o n A B ir m in g h a m .
N a sh . C h a t. A S t. L o u is .
N e w O r le a n s A S o.
N o r fo lk A S u ih e rn .
N o r fo l k A W e s t e r n .
O h io R i v e r .
P etersb u rg .
R ic h . A P e t e r s b u r g .
S a n d e r s v ille A T e n n il le .
S ou th B ou n d .
S o u t h C a r o lin a .
W e s t V a . C. A P .
M exican Roads.
M e x i c a n C e n tr a l.
M e x i c a n N a t io n a l.

i W e i n c lu d e t h e s e W e s t e r n li n e s in o u r t a b l e b y t a k in g a n e s t i m a t e f o r 1892
o n w h ic h t o b a s e t h e decrease r e p o r t e d f o r t h is y e a r .
* F o r m o n th o n ly .

S to ck : E x c h a n g e C l e a r i n g -H o u s e T r a n s a c t i o n s .— The
subjoined statement includes the transactions o f the Stock
Exchange Clearing-House from April 10 down to and includ
ing Friday, April 2L; also the aggregates for May (from 17tb
to 31st), June, July, August, September, October, November
and December, 1892, and January, February and March, 1893.
ST O C K E X C H A N G E C L E A R IN G H O U SE T RAN SACTIO N S.

.— Shares, both sides.—> ,------- Balances, one side.------- . Sheets

Month—
1898.
M a y ............
J u n e ..........
J u l y ...........
A u ir u s t ....
8 e o t ...........
O c t o b e r ..

Cleared,

Total Value.
S

4 731,600
256.200.000
1KJ684.000 1,041,048.200
8,807,300
699,813.200
13.998.480
977.683,000
18.867.800 1,208.000.000
20.726.300 1.358.733,000

Shares. Value Shares. Cxsh.Olear’d .
445.000
1,598.750

1,120.100

1,657,400
2.055.800
2.325.800

22.500,500
298,300
94.566,700 1,433,971
74,186,100
971,700
107,386.900 1,301,600
128,663.500 1,697,506
148,622,000 1,761,400

2.190
5.885
5.886
6,183
6.252
5,862

[VOL. LVI,

-— Shares, both sides.— a

Cleared. Total Value.

•------- Balances, one side.-------- . Sheets
Shares. Value Shares. Cash.Clear'd

N o v e r a b ’ r 10,519,200 1,113,800,000
O e c e m b 'r . 25,221,100 1,758,000,000
1893.
J a n u a r y .. 28,514,590 2,084.709.000
F e b r u a r y 25,108,900 1,744,400,000
M a r c h . .. 24,591,100 1,090,000,000

3,000.000
2.587.900
2,703,800

A or. 10.-1,026,600
“ 1 1 .. 772,600
“ 1 2 .. 671,400
“ 1 3 .. 883,600
“ 14 ..1.302,800

128,200
99,300
78,400
90,900
135,500

67,200,000
51,700,000
53,100,000
60,700,000
83,600,000

1,831,500
2,687,300

$
128.975.000
192.500.000

$
1,417,800
2,317,400

210.700.000
172.701.000
167.900.000

3.300,500
3,529,000
3,784,100

6.839

8,000,000 93,200
6,500,000 77,200
5,500,000 111,700
5,700,000 117,800
8,300,000 205,500

319
305
233
304
330

5 ,796

e,eo3
6,151
7.080

Tot. w k ..4,657,000 316,300,000

532,300 34,000,000 603,400

1,541

Apr. 17.-1,254,700 82,100,000
“ 18 ..1,275,800 93,400,000
“ 1 9 .. 986,800 71,700,000
“ 20.-1,151,700 79,700,000
“ 21 ..1,216,800 84,100,000

124,200 8,100,000 146,100
142,300 10,500,000 179,300
112,300 7,800,000 108,900
123,100 8,200,000 145,900
122,GOO 8,000,000 116,200

328
333
307
314
313

Tot. wk.5,885,800 414,000,000

624,500 42,600,000 696,400

1,600

The stocks cleared now are American Cotton Oil common,
American Sugar common, Atchison, Chicago Burlington &
Quincy, Chicago Gas, Chicago Milwaukee & St. Paul com
mon, Chicago Rock Island & Pacific, Delaware Lackawanna
& Western, Distilling & Cattle Feeding, General Electric,
Louisville & Nashville, Manhattan, Missouri Pacific, Na
tional Cordage common, New York & New England, New
York Lake Erie & Western, Northern Pacific preferred,
National Lead common Philadelphia & Reading, Union
Pacific and Western Union.
M in n e s o t a S t a t e B a n k s ,—Public Examiner Kenyon of
Minnesota has issued a statement of tiie condition of State
banks in Minnesota at the close of business on March 6 , 1893.
From it and from the latest statement of the condition of
national banks—that of March 6 —we have prepared the fol
lowing, which gives the results for all the banks in Minnesota.
The aggregates for all the banks in the State on March 1,1893,
are added for comparison:
N a t. Banks. State B anks,
March 6,
March 6,
1*93.
1893.
130
N u m b e r ..............................................
75
Resources—
L oan s and d is c o u n ts .
............ $46,815,217 $31,437,520
O v e r d r a f t s ................... .................
184,067
173.747
688,323
S to ck s, b o n d s , A c . . . . ..............
3,851,786
D u e fr o m r e s e r v e a g e n t s . . . .
4,664,932 )
4,118,726
D a e fr o m b a n k s a n d b a n k e r s .
1 ,9 0 4 ,6 7 2 )
1,300,942
B a n k in g h o u s e , fu r n . a n d f i x .
1,957,567
648,596
O th e r re a l e s t a t e ................................
699,346
S p e c ie ..................................................
4,335,5061
3,283,991
L eg. te n . n o te s A ce r t, o f d ep .
1 ,0 0 5 ,7 7 8 )
E x c h a n g e s f o r C le a r ’g H o u s e .
898.958
591,880
Bills o f o t h e r b a n k s .......................
259,930
C u r re n t e x p . a n d t a x e s p a i d . .
300,461
292,598
P re m iu m s o n U . S. b o n d s . . . .
181.133
O t h e r r e s o u r c e s ...................................
310,007
251,883

Total.

M IN N E S O T A .

T o t a l ............................................ $87,389,363

205
$78,252,743
357,814
4,540,112

S68.227.460
256,807
3,738,000

10,688,330

14.651,114

3,258.509
1,347,942

3.425,303
1,270,154

8,630.275

7,539,358

1,490.838
259,930
593.059
181,136

1,493,124
23* 45S
468,452
196,980
506,592

551,890

$42,793,215 $110,162,578 $102,009,783

Liabilities—
C a p ita l s t o c k p a id i n ................... $16,175,230
S u rp lu s a n d u n d iv id e d p r o fit s .
5,956,228
C ir c u la tio n o u t s t a n d i n g ............
1,715,982
D iv id e n d s u n p a id .......................
8,954
In d iv id u a l d e p o s i t s .....................
34,485,6501
O t h e r d e p o s i t s .................................
5 3 1 ,5 7 1 )
D ue to b an k s a n d b a n k e rs —
6,444,025
N o t e s a n d b ills p a y a b le ..............
1,851,246
O th e r l i a b i l i t i e s ..............................
200,477
T o t a l ............................................ $67,369,363

Total
fit arch 1,
1893.
168

$9,593,000
3,009,699

$23,140,200
8,093,184
1,553,245
13,246

*7,224

$25,768,230
8,965.927
1,715,982
16,178

26,951,916

61,909,137

57,813,655

1,930,866
1,297,493
3,017

8,374,891

10,318,824
1.065.155
7,273

3,148,739
203,494

$42,793,215 $110,162,575 $102,009,782

N o te .—T h e a m o u n t ($3,288,991) u n d e r S t a te b a n k s b r a c k e t e d o p p o s it e s p e c ie
a n d le g a l- t e n d e r n o t e s is g iv e n in r e p o r t s o f S t a te b a n k s a s ‘ c a s h b n h a n d ."

§ tt0 u e ta u 0 = ® 0 m m e c £ ia l g u g l i s k H e m s
[F rom our ow n correspondent.]
L o n d o n , Saturday, April 8 , 1893.
The payment of the interest on the national debt and the
Bank of England dividend have increased the supply of loan
able capital in the market, and the rate for short loans has
therefore somewhat declined. But the discount rate in the
open market is fairly steady at about
per cent. The de
mand at the same time has fallen off, owing to the Melbourne
bank failure, which naturally increases distrust. It is doubt'
ful, however, whether money will be as cheap and plentiful
as is generally expected, for in the first place a considerable
number of new issues are coming out, and in the second place
the spring demand for the English provinces and Scotland is
now setting in, and will last for five or six weeks.
The India Council refuses to sell its drafts under Is. 2%d.
per rupee. On Wednesday it offered for tender 60 lakhs of
rupees and only sold a trifle over 38 lakhs. In spite of that
however, the silver market has again given way, the price
having fallen on Thursday to 37% d . per ounce. The general
impression is that the India Council wiil not be long able to
maintain its present attitude. It has to raise in London dur
ing the current financial year about 1 9 millions sterling,
and it must therefore either sell its bills as it can or borro w
in sterling.

ArillL 32, 1893.1

THE CHRONICLE.

653
I

On Tuesday the Commercial Bank of Australia, whose head
office is at Melbourne, was obliged to close its doors. The
bank was founded nearly 30 years ago, and for a long while
did a safe and profitable local business. But for some time
past the management has been reckless. The capital was in
creased again and again, new branches were founded all over
Australia, and deposits were attracted by the older of high
rates. Especially an immense amount of British deposits
was raised, they being generally placed for from three to five
years at an average rate of interest' of about
per cent.
During the wild speculation in land, houses and mines, which
broke down in 1889, the bank lent recklessly and locked up im
mense amounts in unrealizable securities. Ever since, it has
been in discredit, and for the past two years the well-informed
were aware that its difficulties were almost insuperable.
During the past twelve months the withdrawal of deposits has
been on a great scale, and about a month ago a regular ran
set in. Last week the bank applied to the Associated Banks
for assistance. After investigation they offered to lend
a million and three-quarters sterling if satisfactory
security was given. The directors, however, felt that the
accommodation was not sufficient, and that the security de
manded would, if parted with, leave them in a hopeless posi
tion. They deemed it more prudent therefore to suspend. On
the last day of December the total deposits somewhat exceeded
1 2 millions sterling, of which not far short of
millions
sterling had been raised in this country, chiefly in Scotland.
A large number of the Scotch depositors gave notice that
when their deposits fall due on the 15th of May next they
would demand re-payment. This got out in Melbourne and
led to the local run which has brought on the suspension. At
the present time the nominal capital of the bank is 3 million
sterling in 300,000 shares of £10 each, on which £4 per share—
making £1,200,000—are paid up. Oa Thursday meetings of
shareholders and depositors were held in Melbourne, and a
plan of reorganization was submitted and unanimously ap
proved of. Briefly, the plan is that the present shareholders
should gradually pay up the £ 6 per share callable, and that an
equal amount of new preference shares entitled to 5 per cent
per annum should be created, the depositors being asked in
the first place to take 25 per cent of their deposits in the
new shares, and in case they refuse, the shares to be offered to
the public. The total capital would thus be 6 millions sterling.
The plan is enthusiastically approved in Melbourne but hardly
seems likely to prove successful.
The failure has not much affected either the money market
or the Stock Exchange in London, for there are few accept*
ances of the bank held in this country, and the depositors are
chiefly Scotch, and it is believed are fairly well off. Still, of
course it has created some anxiety. For fully two years de
positors in Australian banks have been withdrawing their
money, and it is feared that this fresh failure may increase
thewithdrawals not merely from the Australian banks but
from all Anglo-colonial and Anglo-foreigu banks. The anx
iety, however, is confined to the more thoughtful and cautious;
the general public hopes that the failure will have little effect.
Consequently, though prices upon the Stock Exchange gave
way for a day or two, there has since been a recovery iu all
departments except tbe Australasian.
The resignation of Mr. McLeod has given great satisfaction
here, and there is obviously more inclination to deal in the
American market than there has been for a considerable time
past. The general public, it is true, is doing little, but
speculators look upon the market much more favorably. They
will, however, only follow New York. If it shows confidence
they will probably operate more freely than they have done
for a couple of years. The general public is confining its
dealings for the present very largely to home securities—con
sols, British railway stocks and the like. The South Ameri
can market has been quieter of late. There is still a strong
hope that a satisfactory settlement of the Argentine debt will
be arrived at during the current year, but no progress has
yet been made. Some alarm was created regarding Chili by
a report that martial law had been declared in Santiago ; but
private telegrams contradict the report, stating that there has
been no disturbance and that the rumor originated in a mere
change of ministry. At the same time it is admitted that the
reform of the currency is not working well and is causing
much dissatisfaction, while there is a rumor that the banks
have increased their note issues, so replacing the State cur
rency withdrawn. The exchange inconsequence is very low

The Continental bourses are very strong and confident. Th®
change of ministry in France scarcely affected the markets
and there are very confident predictions that we are about to
see a general rise. The recovery in Spanish securities has
made further progress.
An attempt to introduce non-unionist laborers into the docks
at Hull by importing them from other places has caused con
siderable disturbance. The dock laborers have decided upon
a strike, and unless an arrangement is quickly made, it seems
likely that the whole trade of the port will be disorganized.
The foreign trade returns for March show an appreciable
shrinkage in imports and but a small decline in exports com
pared with a jear ago. The fact of Good Friday falling in
March this year, whereas in 1892 it came in April, would
make the comparison better than it appears. On the other
hand, the miners’ strike in March last year seriously affected
the coal export trade of that month. Allowing for these in
cidents, it appears that with shrinking imports there is no
further dech'ne in our export trade contrasted with the very
low level to which it had fallen in March last year.
The imports since January 1 have been as follows:
Im ports.
J a n u a r y ..............
F e b r u a r y ____
M a r c h ..................

1893.
A
3 3 ,1 2 5 ,8 8 8
2 0 ,7 5 8 ,7 4 8
3 4 ,0 8 0 ,4 1 3

1892.
A
3 8 ,4 8 5 ,2 4 4
3 4 ,8 7 7 ,0 3 1
3 6 ,7 9 3 ,1 9 4

D if f e r e n c e .
A
-5 ,3 5 9 ,3 5 6
— 5 ,1 1 9 ,1 8 3
2 ,7 0 3 ,7 8 1

1 1 0 ,1 3 6 ,3 6 9
3 months.... 9 6 , 9 4 4 , 9 4 9
-1 3 ,1 9 1 ,4 2 0
The exports since January 1 have been as follows:
E xports.
J a n u a r y ..............
F e b r u a r y ...........
M a r c h ...................

1893.
A
1 8 ,0 2 6 ,0 1 0
1 7 ,0 9 3 ,3 0 9
1 0 ,4 3 2 ,9 0 4

1892.
A
1 9 ,1 4 6 ,7 0 4
1 0 ,3 2 8 ,7 5 3
1 9 ,6 6 5 ,3 3 2

D ifferen c e.
A
— 1 ,1 2 0 ,6 3 5
— 2 ,2 3 5 ,4 4 4
— 2 3 2 ,4 7 8

P er 01.
-1 3 -9 2
— 1 4 -6 7
— 7 -3 4
-1 1 -9 7

P e r CL•
5 -8 5
— 1 1 -5 6
1 -1 8

— 3 ,5 8 3 .6 0 7
months__ 5 4 , 5 5 2 , 2 3 2
5 8 ,1 4 0 ,8 3 9
— 6 1 7
The exports of foreign and colonial produce since January 1
show the following contrast:
3

R e -e x p o r t s .
J a n u a r y ..............
F e b r u a r y ............
M a r c h ...................

1893.
A
4 ,7 3 6 ,2 7 4
5 ,7 3 3 ,2 5 2
5 ,6 9 0 ,3 6 7

1892.
A
4 .1 2 8 ,6 4 6
5 ,7 2 8 ,7 7 2
5 ,5 6 6 ,3 8 9

3 m o n t h s ____

1 6 ,2 0 9 ,2 4 8

1 5 ,4 2 3 ,8 0 7

D ifferen c e.
A
+ 6 5 7 .6 2 8
+ 4 ,4 8 0
+ 1 2 3 ,9 7 8
+ 7 8 5 ,4 1 1

P e r C t,
+15*92
+ 0 -0 7
+2*22
+ 5 .0 9

The following return shows the position of the Bank c f
England, the Bank rate of discount, the price of consols, &c..
oompared with the last three years :
1893.
A p ril 5.
£
25,634,160
7,077,813
29,541,009
11.208.101
27,024,083
18.246,558
25,491,018

1 89 2.
A p r il 0.
£
28,039,3 e o
7,720.050
30,469,011
11,253,001
29,334,484
15,448,953
25,083,118
4034

C i r c u l a t i o n ...............
................ .
P u b lic d e p o s i t s ...................................
Other d e p o s i t s ..................................
G o v e r n m e n t s e c u r i t ie s ..................
O ther s e c u r i t i e s ..................................
R e s e r v e .................................................
C o in a n d b u l l i o n ................................
P r o p .a s s e t s t o li a b i li t ie s .p e r c t .
40 4
B a n k r a t e ................................ p e r c t .
2H
96 3-16
93 9 -1 0
C o n s o ls 2H p e r c e n t .......................
140,655,010
106,589,GOO
C l e a r ln g -I I c u s e r e t u r n s .............

Messrs. Pixley
April S :

&

1891.
A p r il 8.
£
24.993,785
8,118,730
30,433.381
11,337,652
31,719.811
13,375,074
21,918.859
34&
3
93 7 -16
134,116,000

1 88 0.
A p r il 9.
£
24.7 29 ,96 6
7 .715,455
2 0,523,851
15,7 05 ,84 7
21,227,177
15,1 06 ,06 8
23,3 86 ,03 3
13 %
3H
98 1-1 0
108.455,0 0 b

Abell write as follows under date of

G o ld — T h e r e h a s a g a in b e e n r a t h e r b e t t e r d e m a n d fo r s o ld f o r a r r i'
v a la in t h e o p e n m a r k e t , a n d t h e r e is n o w n o t h i n g o ff e r in g . T h e
r e c e ip ts a re £ 2 9 ,0 0 0 a t th e h a n k o f E n g la n d a n d £ 7 t , 0 o o h a s b e e n
ta k e n fo r e x p o r t. A r r iv a ls : B o m b a y , £ 6 7 ,0 0 0 : S o u th A fr ic a , £ 1 2 9 ,0 0 0 ; W e s t In d ie s . £ 3 3 ,0 0 0 ; to ta l, £ 2 2 9 ,0 0 0 .
S h ip m e n ts M a rc h 3 0 :
B o m b a y , £ 5 , 0 0 0 ; G i b r a l t a r , £ 2 .0 0 0 .
S liv e r — N o t h in g w a s d o i n g in t h is m a r k e t u n t i l a f t e r E a s t e r , w h e n
so m e p a r c e ls w e r e o ffe r e d a t a r e d u c t io n o f + d
T he p oor d em a n d fo r
In d ia c o u n c il d r a ft s a ls o in c r e a s e d t h e w e a k n e s s , a n t t o -d a y th e p r ic e
is 3 7 7s d . , a t w h i c h , h o w e v e r , t h e r e i s m o r e d e m a n d t h a n s u p p l y .
A r r i
v a l fr o u W e st In d ie s , £ 3 5 ,0 0 0 . S h ip m e n ts M a rch 3 0 : B o m b a y , £ 1 1 5 ,5 0 0 ; H o n g K o n g , £ 7 8 ,7 6 3 ; J a p a n , £ 4 0 ,0 0 0 .
M e x ic a n D o lla r s — A ll r e c e n t a r r iv a ls o f th e se co in h a v e b e e n s o ld a t
3 7 % ! . , a lt h o u g h .t o - d a y jt l ie r e is a n o m in a l a r o p o f ^ d . in s y m p a t h y w i t h
s i l v e r . A r r iv a ls * f r o m V e r a C r u z , £ 2 7 , 0 0 0 . S h i p m e n t s t o P e n a n g ,
M a rc h 3 0 , £ 2 4 ,0 0 0 .

The quotations for bullion are reported as follow s:
GO LD .
L o n d o n Standard.

B a r g o l d , f i n e ___ o r .
B a r c o l d , c o n t a i n ’**
24 d w t B .s i lv e r ..o z .
S pa n , d o u b l o o n s . o z .
U . S. g o l d c o i n . . . o z .
G e r m a n g o ld c o i n .o z

A p r. 0.

Mch. 29.

8. d.
77 10%

8.
77

d.
9>*

77 11
73 10%
78 6%
70 b%

77 10
73 10
78 5
76 5

S IL V E R .
L ondon s t a n d a r d .

A p r . 6.
d.

B a r s llv e r , f i n e ., o z .
B a r s ilv e r , c o n t a in i n g 5 g r s .g o ld . o z .
C a k e s i l v e r ............o z .
M e x i c a n d o l l a r s .......

M ch. 2 9,

3774

d.
38>S

3S!4
m i
37*

38}+
41>6
37%

The following shows the imports of cereal produce into the
United Kingdom during the first thirty-one weeks o f the sea
son compared with previous seasons :
IMPOSTS.
1 8 9 2 -9 3 .
t m p o r t s o f w h e a t , o w t .3 7 ,1 4 9 ,6 0 7
B a r le y
ll.L lt i.7 2 5
O a t s ..
7 ,4 1 9 ,0 5 4
P e a s ...................................
1 ,4 3 9 ,9 5 2
B e a n s ...................................
2 ,0 5 7 .2 9 3
I n d i a n o o r n ..................... 1 7 , 2 4 6 , 0 3 6
f l o u r .................................... 1 2 , 5 2 7 , 2 4 5

1 8 9 1 -9 2 .
4 1 ,5 4 1 ,9 4 3
1 3 .5 2 4 ,6 7 0
8 ,1 4 0 .0 7 7
1 ,9 4 2 ,3 3 3
2 ,1 7 1 ,5 7 1
1 6 .L 7 6 .4 1 6
1 2 ,1 5 1 ,7 5 2

1 8 9 0 -9 1 .
3 2 ,5 3 7 ,3 9 9
1 2 ,1 9 9 ,6 6 9
7 ,9 5 3 ,3 9 0
1 ,1 7 9 ,7 7 8
1 .8 5 2 ,1 9 5
1 6 .0 2 8 ,8 8 1
9 ,6 0 0 ,5 9 8

1 8 8 9 -9 0 .
3 1 ,1 3 6 ,7 6 3
1 0 .5 5 0 .S 9 3
7 ,7 4 0 ,2 5 9
1 .1 5 4 .9 3 3
2 ,0 5 8 ,7 3 4
2 1 ,5 3 8 ,4 7 6
1 0 ,3 8 6 ,4 3 9

THE

654

CHRONICLE.

Supplies available for consumption (exclusive of stocks or
September 1 ) :

1892-93.
1891-92.
1890-91.
1889-90.
W h ea t...................owt.37,14'i,G67 41,541.843 32,537,399 31.136.7d3
Im ports o f flour.........12.527,245 12,154,752
9,800,598 1 0 .8 8 ,4 8 9
Bales Of hom e-grow n.16,992,754 20,514,074 24,364,529 32,487,022

Silver.
Sreat B ritain...........

[V ol . LVI.
Exports.
Week,
¥420,300

Since Jan. 1.
$7,807,4 30
130, lOo

Imports.
Week.
* ............

Since Jan. 1.
$
787,440

650
262,9 l i
6.965
Vest Indies..............
463
T ota l.................... 66,669,666 74,210,669 66,502,526 74,010,274
660
673,960
South
A
m
e
r
ic
a
.......
.
26,083
18,470
149,529
1892-93.
1891-92.
1890-91. 1889-90.
0,610
25,484
282
51,633
Aver, prioe wheatw eek.24s, 94. 32s. Oil.
36s. 54.
29s.84.All other countries.
A verage prloe. season .,2 6s. lOd.
35s. 64.
32s. 74.
29s. 114.
Total 1893.........
*427.560 $8,252,668
$19,215 $1,669,527
The following shows the quantities of wheat, flour ar,d
Total 1892..........
157.831
7,440,887
421,080
64,661
Total 1891.........
500.831
5,503,697
536,916
2,447
maize afloat to the United Kingdom :
This week
Last week.
1892.
1891
Of the above imports i'or the week in 1893 $11,918 were
W heat................... qrs. 3,075.000 3,003,500
2,828,000 2 ,290,000
Flour, equal to qrs.
449,000
475,000
382,000
442,000 American gold com and $282 American silver coin. Of the
exports during the same time $4,875,509 were American gold
M aize.................... q rs.
313,000
323,000
374,000
............

coin and $150 American silver coin.

B n z lfs h F in a n c ia l

q » r s e « -P n r C am e.

The daily closing quotations for securities, & c., at London
are reported bv cable as follows for the week ending Apr. 2 1 :
London.

Sat.

Mon.

Tuts.

38
38
■liver, per o z................. d 38
Consols,new ,2% p e rcts. 9 8 R j6 981616 99
do lo r accoun t........ 9 8 1 V 9 8 1 V 99
F j^oL rentes (in P aris)fr. 95'92% 96*10 96-17%
U. 8. 4s o f 1907
......
85 %
Canadian P aciflo............ 86%
85%
78%
78%
Ohio. Mil. & St. P a u l.... 79*3
Illinois Central................ 104% 10413 104
133 % 133
Lake Shore.......... ........... 134
74%
75%
Iaraisville Sc N ashville.. 756s
65
64%
M exican Central 4 s___ _ 65
109% 109%
tf. Y . Central & Hudson. 110
21 Lj
2138
W. Y . Lake Erie &W est’n 21%
99%
99%
do
2d co n s___. . . . 100%
30%
N o r fo lk * Wes tern, prof. 3 1 k
31%
40%
Northern Paolflo p ro f... 42%
40%
54%
54%
Pennsylvania.................. 545%
1230
Philadelphia & Reading. 12
11%
37%
3738
Onion P aciflo................. 38%
2230
Wabash p ro f................... 22^8
22ig

Wed.

Thurs.

38
38V
991,6 99%
90% a 99%
964212 96*45

Fn,
38
99<>]0
99°,e
96-25

NEW YORK SECURITIES.—A D e s c r i p t i v e

a n d S t a t is 
M a n u a l o f t h e C o r p o r a t i o n s o f t h e C it i e s o f N e w
Y o r k a n d B r o o k l y n a n d V ic in it y , a n d a M a n u a l o f th e
R a i l r o a d s o f t h e U n it e d S t a t e s .— C o m p i l e d f r o m O f f i 
c i a l S o u r c e s b y J. P. C r it t e n d e n a n d C h a r l e s B. H e l f f r ic h .

t ic a l

This “ manual” which, by the way, is the first annual num
ber of a 1,900-page book, is a very elaborate work. It is
85%
85%
unusually comprehensive in its scope (covering nearly 1 0 ,0 0 0
78%
78%
corporations), fully indexed by a method which enables one
103%
103%
to turn at once to the particular fact desired, handsomely
132%
13 4
7434
7 5 12
printed on good paper and substantially bound in cloth,
64%
65
The first half of the volume treats of the various railroads
109% 109%
of the United States—for, while the first intent was to in
20%
20%
97%
97%
clude only railroads whose securities are known on the New
31%
32%
York market, the editors speedily discovered that greater
40%
41^8
fullness was unavoidable.
Part I, of railroads, in
54%
55%
12=%
12%
cluding 184 pages, furnishes the names and addresses of
37%
1 3 :%
the officers and directors, the names of the roads
1 2230
21%
being arranged alphabetically.
Part II is descriptive,
® o m m e t c t a X a n d i ^ t t s c e X l a t i e a u s JJXetus giving the offices of the corporations, the length and position
of their roads, their capitalization and operations (in brief),
their balance sheets, and particulars as to land-grants, securi
N a t i o n a l B a n k s . —The follow ing national banks have
ties owned, etc. The companies in this part (which aggre
recently been organized:
gates 671 pages) are grouped in systems, but, as already said,
4,879—The Warren National Bank, W arren, Pa. Capital, $150,000.
a general index affords easy access to all data. Part III con
President. G. N. P a rm le e ; C ash ier,------------------.
4,888—The First National B ank o f Dunkirk. Ind. Capital, $50,000. tains descriptions of the funded debt of each property in tab
ular form, accompanied by paragraphs in the shape of foot
President, ----- ------------; Cashier, Myron L. Case.
4.8 90— The First National Bank o f Gothenburg. Neb. Capital, $50,000. notes treating of the several loans in detail, with information
President. L. C. L loyd ; Cashier. Con W. Lloyd.
as to the security of each. Part IV sets forth the earnings
4.891— The First National Bank o f Audubon, Iow a. Capital. $50,000.
and operations of the railroad companies in detail, after the
President, Chas V a n G o rd e r; Cashier. Frank S. Watts.
4.892. —The Farmers & M erchants’ National Bank o f Mount Pleasant, manner employed in the reports of the Inter-State Commerce
Pa. Capital, $50,000. President, R. K. HLssern; Cashier, P.
Commission.
W. Morgan.
The second half of the work is intended to state briefly suoh
4.893. —The South Milwaukee National Bank. South Milwaukee, Wis.
facts as are obtainable respecting a ll the corporations doing
Capital, $50,000. President. S. McCord; Cashier, E. B. Ingalls.
The location o f the Thompson National Bank, Thompson, Conn. (Vo.
business or having offices in New York City and Brooklyn.
1,477), was changed on Maroh 28. 1893, to Putnam, Conn., and the Where no other information was to be had, the place of busi
title ohanged to the Thom pson National Bank o f Putnam.
ness and names of officers and directors are supplied.
imports AND E x p o r t s f o r t h e W e e k . — The following a r e
Some of the data are corrected up to January 1, 1893, many
the imports at New York for the week ending for dry goods up to June 30, 1892, while others are of earlier date, as late
April 13 and for the week ending for genera! merchandise figures could not be obtained. Many novel features have been
April 14; also totals since the beginning of the first week in introduced, and for so large a volume the price of $5 seems
January,
very moderate.
F O R E IG N IM P O R T S A T N E W YO RK ..
—Messrs. Speyer & Co. and Kuhn, Loeb & Co. invite sub
For Week.
1891.
1892
1890.
1883.
scriptions at 101% to $3,000,000 of Ilie 4% per cent consoli
$1,511,432
$3,097,927
Dry G ood s.......
$2,280,777
$2 200.905 dated mortgage guldbondsof the Pittsbu'gCincinnati Chicago
10,133,441
11,556,802 & St, Louis Railway Company, the principal and interest of
12,476,678
10,501,973
Oen’l m er’dise.
which is guaranteed by the Pennsylvania Company by en
*13.231,368 $13,983,110 $12,782,750 $13,757,707 dorsement on each bond. These bonds are part of an issue of
Bince Ja n . 1.
D ry G ood s....... $51,151,894 $42,507,090 *42,017,981 *51,041,755 $75,000,000 which by the gradual retirement of underlying
©en'l meT’ dise. 104,170,670 118,449,872 127,342,500 152,201,149 sectional bonds will eventually become a first lien upon the
entire property of the companv, consisting, in brief, of 1,083
ffotal 15 weeks. $155,322,564 $160,956,962 $169,360,481 $203,242,904
miles of railroad, an undivided half interest in 33 miles, the
The imports of dry goods for one week later will be found equipment of the company, terminals in Chicago, Indian
in our report of the dry goods trade.
apolis and Columbus, and all properties and franchises that
The following is a statement of the exports (exclusive of may be hereafter acquired by the company. The bonds now
specie) from the port of New York to foreign ports for ti e offered are a part of the issue designated as “ Series B ” and
week ending April 18 and from January 1 to d ate:
are set apart under the terms of the mortgage for the improve
EXPORTS FROM N E W YO RK F O R TH E W E E K .
ment of the company’s property and the acquisition of ad
ditional facilities. They are dated April 1, 1892, and mature
1890.
1892.
1891.
1893
in fifty years. The profits of the Pensylvania Company for
$6,358,970
F or the w eek ..
$6,486,215
*7,574,191
*6.591,692 the year 1892, after paying all charges against income, were
95,193,923
96,137,793 114,<,98,486
Prev. reported.
90,416,779 $1,229,974, out of which a dividend of 4 per cent was paid
Total 15 weeks. *101,680.138 $102,496,763 *121,672.677 $97,008,471 upon its capital stock. For the year ending Dec. 31 last the
net surplus of the Pittsburg Cincinnati Chicago & St. Louis
Thefollowing table shows the exports and imports of specie Railway Company was $1,163,014, which permitted the pay
at the port of New York for the week ending April 15 and ment of a dividend upon its preferred stock. The subscrip
since Jan. 1, 1893, and for the corresponding periods in 18'. 2 tion books will be opened on the morning of April 26 and be
and 1891:
closed at 3 p . m . on the same day. A simultaneous issue will
E X P O R T S A N D IM P O R T S O P S P E C IE A T N E W Y O R K be made in London, Frankfort and Berlin.
Exports.
Imports.
—The publishers of the E n g in e e r in g a n d M in in g J o u r n a l
Gold.
have issued their annual, entitled the Mineral Industry ; its
Week.
Week.
Since Jan. 1.
Since Jan. 1
Statistics, Technology and Trade in the United State land
$1,251,700 $1,768,025
Great B ritain............
$2,125 oilier countries, from the earliest times to tee end of 1892.
$
15.900.000
38,600
Franoe.........................
4,129,600 This title gives an idea of the scope of the work, which is an
G erm any................... .
3,500.000 15.585.000
478,640 elaborate volume of some 600 pages. Its statistics for the
0,384.379
2,400
West Indies...............
125,009
76 071
11,718
27,-: 61 year 1892 are a year later than in the volume of the U. S.
South A m erica..........
1,062,720
3,500
48,867
220,726 Geological Survey. The work is copiously indexed and will
1,000,260
A ll other (g a n trie s..
1,218
30,275 undoubtedly be used as a standard reference by all seeking
Total 1893..........
$4,880,200 $41,712,102
$91,085 $4,965,198 facts and statistics on mineral subjects. E n g in e e r in g and,
Total 1892..........
220,230 13,072,460
15,282
5,841,151 M i n i n g J o u r n a l, publishers, 27 Park Place ; price $2,50, in
T otal 1891..........
3,432,822 18,536,5811
38,475
1,473,389 cloth.
85%
7s%
103%
131
74%
64%
10 8 34
20%
97%
30%
40%
55%
1230
36%
21%

THE CHRONICLE.

A pril 22, 1898.]

The movement; of breadatuffs to market 13 indicated in tne
statement below, prepared by us from the figures of the New
York Produce Exchange.
We first give the receipts a
Western lake and river ports, arranged so as to present the
comparative movement for the week ending April 15, 1893
and since August 1, for each of the last three years:__________
Flour.

W heat.

Barley.

Oats.

Corn.

R ye.

B b ls.im b s Bush.GO lbs Bush.bft lbs 2?iw7t.32 lbs BushAS lbs B u .50 lb*
203,441
15,465
1,141,455
599,214
980,601
83,692
C h i c a g o ......
5,200
149,70u
20,960
223 250
07,OoO
44,829
M ilw a u k e e ...
110.835
D u lu t h .........
948,900
M in n e a p o lis .
102 800
181,400
5,000
1,280
1 ,7 0 '
66,376
27,016
10,330
2,675
01,486
D e t r o i t ...........
6,867
44,776
9,079
07,144
15,000
6,436
C le v e la n d ....
487.360
2.250
24,535
1 0 l ,9 '0
125,055
S t. L o u is ........
8,40
14,400
185.650
9 ,8 JO
600
4,650
339,000
P e o r i a .............
109,706
19,861
K a n s a s C ity .
T o t .w k , 8)3.
S a m e w k ,’92.
S a m e w k ,’91.
Since A u g. 1.
1892-93........
1891-92........
1890-91........

2,866,418
8.395,004
1,299.453

1.514 780
1,655,056
1,797,066

1,047,586
1,590,137
1,277,950

9,539,170 203.9*6,727
9.021,819 188,480,850
7.917.545 89,384.356

01.816,970
94,221,512
68,027.655

82,362,571

166,918
235.968
182,438

77,675,776
68 004.429

387,521
360,543
185,946

52.561
85,769
30,950

27,429.181 6,195,899
28,662.985 13.658.232
27,295,170 3,718,064

The receipts of flour aud grain at the seaboard porta for
week ended April 1 5 , 1 8 9 3 , follow:

e

R ye,
bu sh .
9 ,9 0 0

8 0 ,6 3 5
3 8 ,5 0 1
1 3 ,6 1 2
1 1 4 ,5 8 5

O a ts,
B a rley,
b u sh .
bu sh .
3 6 2 ,2 5 0 1 5 8 ,5 6 5
1 5 5 ,3 4 1
1 ,0 0 0
2 1 ,5 0 6
4 .1 2 5
1 0 L .2 U
1 3 ,6 0 0
1 6 ,7 7 5
............
1 ,4 0 0
............
2 1 ,0 8 7
............

4 1 7 ,0 5 5
T o t . w e e k .. 3 3 2 .1 8 7
5 0 8 .6 7 8
2 6 1 ,1 5 6 1 ,2 8 2 ,2 9 4 1 ,5 4 0 ,0 5 2
W eek 1892

6 7 9 ,5 7 6 1 7 7 ,2 9 0
7 5 7 ,9 3 4 1 1 1 ,3 3 8

1 3 ,1 2 2
3 0 ,1 9 6

F lo u r ,
At
bbls.
N e w Y o r k . .1 3 5 ,7 1 6
B o s t o n .......... . . 7 0 , 3 8 8
..
7 ,9 46
P h ila d e lp h t a. 6 3 ,7 9 1
B a lt im o r e .. . . 3 9 ,2 0 L
R ich m o n d . .
5 ,0 5 0
N e w O r l e a n s .. 1 0 , 0 4 5

W h ea t,
b u sh .
6 L .S 2 5
1 3 ,4 8 3
1 3 ,2 4 7
2 6 ,2 1 3
6 0 ,8 3 8
3 3 ,2 3 4
2 0 8 ,2 1 5

C orn,
b u sh .
2 0 6 ,0 8 2
5 3 ,2 6 3

to

600
2 ,1 9 2
430

Below are the rail shipments of flour and grain from
Western lake and river ports for four years:
1893.
Week,
A p r il 1 5.
3 0 9 ,1 7 6

1892.
W eek
A ji r i l 1 6 .
3 4 1 ,3L5

1891.
W eek
A p r il 18.
3 0 6 ,0 2 3

1890
W eek
A p r i l 19
2 9 2 ,1 2 1

W h e a t ...................b u s b . 1 , 3 2 3 , 7 1 9
C o r n ...................................... 1 , 2 3 4 , 1 1 6
O a t s ...................................... 1 , 5 0 3 , 5 1 0
B a r l e y .................................
1 6 4 ,8 8 0
R y e .......................................
6 1 ,4 5 8

88% 233
7 5 4 ,8 0 3
1 ,1 8 7 .3 9 9
2 6 3 ,1 4 2
5 0 ,6 4 6

4 4 4 ,0 3 9
1 ,0 1 0 .6 3 0
8 3 0 ,0 5 5
1 2 8 ,7 9 2
2 9 ,8 0 0

3 2 1 ,8 4 9
1 , 6 3 4 ,4 7 1
1 ,5 1 7 ,2 3 0
1 8 1 ,6 0 5
7 1 ,1 1 3

F l o u r . . . . . ............b b l s .

T o t a l ........................... 4 , 2 8 7 , 6 8 3

3 ,1 4 1 ,2 2 8

2 ,4 4 3 ,3 6 6

3 ,7 2 6 ,2 6 8

The exports from the several seaboard ports for the week
ending April 15. 1893, are shown in the annexed statement:
E x p o r ts
fro m —

N ew Y ork
B o s to n ...
P o r t la n d .
N o r fo lk ..
P h ila d e l.
B a lt im ’ re
N . O r l’ n s .
N . N ew s.
M on tre a l

W h e a t.

F lo u r .

C orn .

B u sh .
8 3 6 ,1 3 1

812

B u sh .
9 4 ,4 6 3
5 7 ,4 0 2

5 6 ,2 7 6
2 3 1 ,3 0 0
4 0 ,1 6 2
2 2 1 ,0 0 0

5 2 .0 0 0
2 0 4 ,8 0 1
1 6 2 ,2 2 1
1 4 8 ,9 1 3

B b ls .
1 0 5 ,8 0 7
5 5 ,6 2 9
1 ,1 8 2 ,0 2 5
2 1 ,8 9 0
4 1 ,0 9 4
734
5 2 ,8 4 8

O ats.
B u sh .
4 1 ,8 2 7
1 8 ,7 9 1
9 ,1 2 8

R ye.
B u sh .

P e a s.
B u sh .
3 , 9 L9
1 6 ,8 5 7

8 ,6 2 6

City Railroad Securities—Brokers1 Quotations,
i D r y D o c k J£. B ’ y & B . —

A t la n t ic A v ., B ’k ly n .S t ’ k.
G e n . M ., 6 s, 1 9 0 9 . . . A & O 1 0 4
28
1 s t m o r t . , 7 s ., 1 9 0 0 - .J & J 1 1 1
B r ’ d w a y Sc 7 t n A v . — S t ’ k . . 195
1 s t m o r t ., 5 b , 1 9 0 4 - J & D 1 0 6
2 d m o r t ., 5 a , 1 9 1 4 . . .J & J 1 0 6
8 ’ w a y 1 s t , 5 s , g u ........ ’ 24 105
2 n d 5 b , i n t . a s r e n t . , ’ 0 5 . 96
8 r o o k ly n C ity —N e w S to c k 260
B ’ k l v n e r o 8 8 t ’ u 5 a ., 1 9 0 8 1 0 7
B k n .O ’y & N ’ n o a , 1 9 3 8 . J & J 1 03
1 60
1 s t m o r t ., 6 a , 1 9 2 2 . M & N 1 1 5
l e n t . P k . N . A E . R i v . — S t k . 150
C o n s o ls . 7 a , 1 9 0 2 . . . J & D 1 1 6
J r y D k . E . B . & B a t ’ y — S t k . 1 45
l a t m o r t . , 7 a , 1 8 9 3 . .J & D 1 0 3

99(100
30 i
113 1 E ig h t h A v .— S c r ip , 6 s, 1 9 1 4
200
4 2 a & G r ’ n d S t. F ’ r y — S tk .
Iftt m o r t ., 7 b, 1 8 9 3 . A & O
.......... i
4 2 d S t . M a n h .& S t . N . A v e .
l a t m o r t ., 6 s , 1 9 1 0 .. M & S
2 d M „ i n c o m e , 6 s ___ J & J
2 6 5 j H o u a t. w . 3 t . & P .F ’ y — S tk .

9«<V
.
105 110
296 300
1 0 2 !...........
69 71
1 1 1 111
65 1 70
2 0 0 . ____
1 0 4 1 ___ _
j N i n t h A v e ----- ' ......................... 1 2 5 1 3 0
1 501.........j
1 s t m o r t . , 5 s , 1 9 0 9 . M & N 1 0 5 l...........
S i x t h A v e . — S t o c k ................. 2 1 0 2 1 5
1 T h i r d A v e .................................... 2 1 2 2X5
la t . M ., 5 s , 1 9 3 7 ........ J & J 1 1 3 .............
i T w e n t y - t h i r d S t .— S t o c k . . 2 95 1 _____ _
1 l a t m o rt. 7a. 1 8 9 3 . —
1 0 3 ...........

106
120
155
. —
1 50

N. X . aud Brooklyn Was Securities—Brokers’ Quotations,
G A S C O M P A N IE S .

B id .

Aak. j

120

125

M e t r o p o l it a n — B o n d s ......... 1 1 0
M u t u a l ( N . Y . ) ....................... 1 4 0
100

G A S U O M r A N lK B .

B1Q. A s k
155

108
105
142
105
190
105
S t a n d a r d p r e f .......................... 8 5
Do
c o m ........................... 3 8
M u n ic ip a l— B o n d a , 7 a —

145
102
170

100
92
P e o p le ’s (B r o o k ly n ) —
M e t r o p o l i t a n ! B r o o k l y n ) . . 1 25

95
130

1,46
191
90
40

Auction Sales—Among other securities the following, not
regularly dealt in at the Board, were recently sold at
auction.
By Messrs. R. V. Harnett & C o.:
Shares.

Shares.

10
1
60
20
10

S tr o n tia M in e r a l 9 p r ’ g C o.
2
T le n r y S e y m o u r C iit P y C o . 2 0
M e c h ’ n i c s ’ N a t .B k .,4 > 2 5 e a . l 9 1 58
H id e & L e a th e r N a t. B k . . l l l
R e a l E s ta te E x c h m g e &
A u c t i o n R o o m , L i m .......... 9 0
1 0 T h u r b e r - W h y I’ d C o . c o m . . 4 9

1 0 T h u r b e r -W b y l’ d C o. p r e f .. 9 5
1 0 S t a te T r u s t C o . (b e n e fi
c i a r y s t o c k ) ..............................2 5 0

Bonds.
$ 1 4 3 ,0 0 0 W o o d s t o o k I r o n C o.
1 s t 68, w ith c o u p o u N o. 3
a n d a ll s u b s e q u e n t a t ta o h ’ d .

50

By Messrs. Adrian H. Muller & Son :

T o t . w e e k 1 ,3 8 5 ,6 8 1
7 1 9 ,8 0 0
S ’ m e t im e
1 8 9 2 . . . 1 .6 0 6 , 6 9 9 1 .6 9 9 , 2 5 1

2 8 1 ,2 1 t

6 9 ,7 4 6

8 ,6 2 6

2 0 ,7 7 0

2 6 7 ,9 6 )

3 1 4 ,9 8 8

3 0 0 .1 9 7

3 8 .6 0 4

The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, April 15, 1893:
W h e a t,

I n store at—

—The State Trust Co. and Messrs. Cbrystie Sc Jaoney and
Lawrence S. Mott & Co., of New York, and a number of^local
banks and bankers, offer to the public for subscription, at par,
$900,000 of the 8 per cent cumulative preferred stock of the
Standard Harrow Co., organized for the purpose of acquiring
and carrying on the business of manufacturing Float Spring
Tooth Harrows, now conducted by twenty concerns in various
parts of the country. That these concerns have proven very
successful in their business is shown by the report of the ac
countants, a summary of which appears in the advertisement.
— Mr. Wm. A. Lombard of 150 Broadway, is one of the few
brokers who makes a specialty of dealing in bank stocks.
Mr. Lombard publishes an interesting table of New York City
bank stocks, showing their book value, capital, net surplus
and profits, dividends, prices bid and asked, and the net yield
in income to the purchaser at given prices.
—Attention is called to the advertisement of Mr. Leroy
Davidson, of 72 Wall Street, dealer in municipal bonds, elec
tric stocks, See. Mr. Davidson now offers 6 per cents of sev
eral Western counties, city 4s of Lansing and Monroe, in
Michigan, and 63 o f local water and electric companies.

bush.

New Y ork .......... 6,61*2,000
D o a f lo a t ....
40,000
A lban y...................................
B uffalo............... 1,78 i.000
D o a flo a t....
237,000
C hicago.............. 17,346,000
D o a flo a t.... 4,418,000
M ilwaukee......... 2,018,000
D o afloat___
82,000
D uluth................ 16,841,000
Do a flo a t....
571,000
T o le d o ................ 3,741,000
D etroit................ 2,015,000
Do a flo a t....
396,000
O sw e g o ..............................
St. L ouis............ 4,598.000
D o afloat. ..
16,000
Cin cinnati.........
15,000
B oston................
20,000
T oron to..............
259,000
M ontreal...........
59 7,000
P h ilad elp h ia....
721,000
P e o r ia ................
138,000
Ind ian ap olis....
132,000
Kansas C ity .... 1,134.000
B a ltim o re ........
531,oOO
M inneapolis___11,661,000
On Mississippi......................
On Lakes...........
716,000
On canal & river
58,000

C om ,
b u sh .
3 2 5 .0 0 0
1 7 .0 0 0
3 4 .0 0 0
1 3 3 .0 0 0
5 5 .0 0 0
5 .0 0 1 .0 0 0
2 .5 7 2 .0 0 0
1 2 .0 0 0

O a ts,
b u sh .
5 1 0 ,0 0 0

R ye,
b u sh .
7 0 .0 0 0

4 5 .0 0 0
3 9 .0 0 0
.................
1 ,6 2 9 ,0 0 0
3 8 3 ,0 0 0
2 6 ,0 0 0

9 ,0 0 0
1 9 .0 0 0

3 4 1 ,0 0 0
1 ,5 0 6 .0 0 0
3 3 ,0 0 0

1 ,1 6 0 ,0 0 0

211,000
6,000
6 7 ,0 0 0
1 4 .0 0 0
1 0 9 .0 0 0

112.000
1 3 3 .0 0 0
2 5 8 .0 0 0
1 3 7 .0 0 0
8 2 .0 0 0
2 0 6 .0 0 0
1 ,2 7 9 ,0 0 0

T otals—
--------------------A p r . 1 5 , 1 8 9 3 ...7 6 .0 9 3 .0 0 0 1 3 ,8 0 6 .0 0 0
A p r . 8 , 1 8 9 3 . . . 7 7 . 2 0 3 .0 0 0 1 4 ,9 L 5 ,0 0 0
A p r . 1 6 , 1 8 0 2 ...4 2 .0 5 6 ,0 0 0 9 ,9 7 6 ,0 0 0
A p r . 1 8 , 1 8 9 1 . . . 2 2 . 1 3 6 ,1 0 6 2 , 2 3 8 , 3 3 7
A p r . 1 9 , 1 8 9 0 - .2 4 5 1 3 .2 7 2 1 7 ,8 5 5 .5 0 6

1 0 5 .0 0 0
2 9 ,0 0 0

8 5 ,0 0 0

8,000

2,000

4 9 ,0 0 0

1 3 5 ,0 0 0

1 0 9 ,0 0 0

1 8 ,0 0 0

5 ,0 0 0

31,000
3 ,0 0 0

7 ,0 0 0

S h a r e s.
1 0 0 N a t .B a n k o f N o .A m e r ic a .1 6 8
B on d s.
$ 4 5 ,0 0 0 N . Y . & P e r r y C. & I.
C o. 1 st 6s, 1 9 2 0 .
N o v .,
1 8 9 2 , c o u p o n s o n ....................... 4 0
$ 1 0 ,0 0 0 N. Y . & P e r r y C . & I.
C o. 1 st 6 s, d u e 1 92 0. M ay,
1 8 9 2 , c o u p o n s o n ..................... 2 6
$ 2 ,0 0 0 A t la n t ic M u tu a l In s .
C o . s c r i p o f 1 ^ 9 0 ........................ 1 0 1 78
$ 5 ,0 0 0 S ta te n I s la n d R a p id
T r a n s it R R . 6 s in c ., 1 9 4 6 .. 1 0

1 2 3 ,0 0 0

4 2 0 ,0 0 0

9 5 ,0 0 0
6 0 ,0 0 0
1 8 ,0 0 0
4 4 .0 0 0

1 8 ,0 0 0

atxcl fTiuaticial.
-

■

-*

S amuel
BANKERS

AND

d e i,

D. D

D avis

DEALERS

S O . 44
Ba m

D.

IN

W A L L

&

IN V E S T M E N T

S T ., N E W

a v is ,

Ch

7"

C o .,
S E C U R IT IE S . B

Y O R K .

as.

B. V

an

N

ostband

.

M em ber N . Y . S to ck E x ch a n g e .

12.000

12,000

4 4 .0 0 0
5 7 4 .0 0 0
1 3 1 .0 0 0
1 6 3 .0 0 0
2 9 ,0 0 )
2 3 .0 0 0
5 8 .0 0 0
1 3 .0 0 0
1 6 .0 0 0
2 5 7 .0 0 0

B a rley,
b u sh .
1 6 ,0 0 0
4 5 ,0 0 0

S h a r e s.
5 0 A t l a n t i c D o c k C o ................ 8 0
6 8 0 N e w M e x . & 111. M i l l i n g
& M f g . C o . ............................$ 5 l o t
2 0 H id e & L e a th e r N a tio n a l
B a n k o f N . Y ...........................1 1 0 * 4
5 0 N i n t h N a t i o n a l B a n k ____ 1 3 0
45 S econ d A v en u e R R . C o ..1 50
5 0 N a t i o n a l P a r k B a n k ..........3 1 0
10 C e n tr a l T r u s t C o 9 8 0 -1 0 0 0
1 0 0 B r o a d w a y I n s . C o ................. 1 2 l * a
1 0 B r o o k ly n A c a d , o f M u s ic . 1 6 5
3 C o n t i n e n t a l I n s . C o ...........2 4 0
.

Receipts at—

655

4 1 .0 0 0

5 3 .0 0 0
8 9 .0 0 0

T H E M E R C A N T IL E N A T IO N A L B A N *

1 6 ,* 0 0 0

20,000

O F .T H E C I T Y O F N E W Y O R K ,
N o. 1 9 1 B roa d w a y .

2.000
8,000
4 9 .0 0 0
1,000

4 ,1 8 1 .0 0 0
8 3 7 .0 0 0
4 ,3 7 0 ,0 0 0
8 6 9 ,0 0 0
3 , 2 3 1 ,0 0 0 1 ,0 1 7 ,< ’ 0 0
2 ,5 0 8 ,4 7 7
4 1 7 ,8 5 8
3 ,8 3 U .6 2 4 1 . 0 4 6 , 4 3 8

C a p ita l.
70 000

-

$ 1 , OOO,OOO I S u r p l u s F u n d ,

ACCOUNTS
8 0 7 .0 0 0
8 9 6 ,0 0 0
7 3 3 .0 0 0
9 1 1 ,1 7 5
9 1 1 ,2 7 0

—Mr. Fred H. Smith has removed his offices from 20 Broad
Street to No. 8 Broad. His card will be found in. another
column.
'**

-

$ 1 ,0 0 0 ,0 0 0

W I L L I A M P . S T . J O H N , P r e s id e n t . | F R E D E R I C K B . S C U K N C K , C a l b i e r .
J A M B S V L O T T , A s s is t a n t C a s h ie r .

S pencer

S O L IC IT E D .

T rask

&

C o .,

BAN KERS,

1® W a l l S t ., N e w Y o r k ,
A lb a n y .

1 6 C o n g r e s s S t ,, B o s t o n
P r o v id e n c e .

M e m b e r s o£ N e w Y o r k a n d B o s t o n S t o c k E x c h a n g e s .

INVESTMENT SECURITIES,

THE CHRONICLE.

856

fla n k e r s '

xt

Posted rates of leading bankers are as follows:

tfM z z ttz .

April
D 1 T I O E N O S ,

Per
Cent.

Name o f Company.

When
Payable.

Books Closed.
(Days inclusive.)

F r a n k f o r t o r B r e m e n (r e ic h m a r k s )b ’n k e r s

T r u s t C o m p a n ie s .

2%
5
iq
1

M
M
M
M

ay
ay
ay
ay

17
1
1
15

2 ia
16
4

M
M
M
M

ay
ay
ay
ay

1
1
1
l

2

A p r il 2 7
------------t
A p r il 21
A p r il 2 9

to M a y 1 2
o --------------to M a y
1
to M a y 1 5

A
A
A
A

to
to
to
to

p
p
p
p

r il
r il
r il
r il

26
15
20
19

M
M
M
M

ay
ay
ay
ay

2
3
1
l

1 A p r i l 2 4 to M a y
1 A p r . 2 3 to A p r .

1
3

1 5 iM a y
2 to M a y
1 1A p r i l 2 0 t o M a y

35
1

I

H a m i l t o n . B r o o k l y n ( q u a r ) ..............I
P e o p l e ’ s . B r o o k l y n ( q u a r . ) ..................

1%

2

M ay
M ay

A m . S o d a F o u n t , 1 s t p r e f .( q u a r .)
“
“
2 d p r e f .(q u a r .)
“
*•
co m . ( q u a r .) .. .
P u l l m a n ’ s P a la c e C a r (q u a r .) —
T h o m s o n H o u s . E l . c o m , (q n a r .)

United States Bonds.—Quotations are as follows;
f

M ay
2
$ 1 -2 0

S T R E E T . F R ID A Y ,

$
O a p i t a l ............................... 6 0 , 4 2 2 , 7 0 0
7 0 .1 8 3 .3 0 0
S u r p l u s .............................
L o a n s a n d d is o ’ t s 4 3 1 ,4 5 3 ,8 0 0
O i r e u l a t i o n .................
6 ,6 0 6 ,5 0 0
( S e t d e p o s i t s . . . . . . 4 3 9 ,5 2 7 , ^ 0 0
S p e c i e ................................ 7 1 , 4 8 0 , 0 0 0
4 9 ,4 7 4 ,5 0 0
L e g a l t e n d e r s _____

M ay
M ay
A P R IL

2 1 ,

1 8 9 3 -5

P . M L.

| Differ cn'sfrom
| Frev. week.
$
D e c .2 ,7 5 1 ,0 0 0
D eo.
4 4 ,8 0 0
I n c • 8 2 9 ,2 0 0
D ec.
6 6 ,5 0 0
I n c . 2 ,1 3 3 ,4 0 0

1892.
16.

April

1891.
18.

April

$
$
6 0 ,3 7 2 ,7 0 0
6 0 ,7 7 2 ,7 0 0
6 6 ,7 0 4 ,4 0 0
6 3 .6 0 6 .0 0 0
4 9 3 ,6 2 9 ,4 0 0 4 1 2 ,2 8 1 ,9 0 0
5 ,6 1 3 ,1 0 0
3 ,4 9 1 ,7 0 0
5 3 1 .8 8 2 .0 0 0 4 1 4 .9 1 5 .8 0 0
1 0 2 ,9 6 9 ,8 0 0
7 4 ,0 9 9 ,8 0 0
4 5 ,7 8 9 ,2 0 0
3 3 .9 4 9 .0 0 0

R e s e r v e h e l d . . . . 1 2 0 ,9 5 4 , 5 0 0 I n c . 2 , 0 6 6 , 9 0 0 1 4 8 . 7 5 9 . 0 0 0 1 0 8 . 0 4 8 . 8 0 0
2 0 7 ,3 0 0 1 3 2 ,9 7 0 ,5 0 0 1 0 3 ,7 2 8 ,9 5 0
L e g a l r e s e r v e _____ 1 0 9 , 8 8 1 , 9 5 0 I n c .
S u r p lu s r e s e r v e .

1

f

Interest April April A pril April April April
19.
Periods\ 1 5 . | 1 7 .
18.
20. | 21.

D a )

The Money Market and Financial Situation.—The finan
cial markets have been disturbed by the large exports of gold
and by the reports that the Government would cease to pay out
gold for the “ coin " notes issued under the Act of July, 1890,
whenever its gold reserve was down to the $100,000,000 limit.
Aside from the technical or legal question whether that gold
reserve should be kept strictly for the redemption of the old
greenbacks for which it was first accumulated, there seems to
be little that is essentially new in the existing status of affairs.
W e have been drifting for some weeks towards the present
situation, and the mere fact that the Government lias a few
millions, more or less, of gold in its treasury hardly has an
important bearing on the general financial standing of the
country.
It is somewhat remarkable to observe how little is made in
the public discussions of the immense balance of trade against
the United States as shown by the Bureau of Statistics.
During the three months from January 1 to April 1 the ex
cess of imports of merchandise over exports was $61,916,556,
while in the same period last year the excess of exports of
merchandise was $53,932,822. Here is a difference of $115,849,378 in our foreign trade movement in only three months,
and the marvel is that more gold has not been exported. In the
face of such an exhibit as this, how childish it sounds to talk
o f the gold exports being caused by a conspiracy of bankers.
But what causes the enormous increase in imports of mer
chandise ? In the three months named the imports into the
United States were $255,950,201 in 1893 against $214,673,353 in
1892, $205,915,06S in 1891 and $193,652,430 in 1890. Thus in
three months the imports of merchandise exceeded 1892 by
about $41,000,000 and 1890 by $62,000,000. It seems impossible
to account for such importations of foi'eign merchandise ex
cept upon the theory that importers feel safe in stocking
up with goods while ihey can get gold to pay for them.
Whatever happens in tire future they will own the goods, and
i f silver is depreciated then foreign goods which have to be
paid for in gold will be at a premium.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 15 per
cent, the average being 5 per cent. To-day rates on call
were 4 to 15 per cent. Commeicial paper is quoted at 6 to 9
per cent.
The Bank of England weeklv statement on Thursday showed
au increase in bullion of .183,00), and the percentage of re
serve to liabilities was 43'44 against 47'02 last week ; the dis
count rate remains unchanged at 2% Per cent. The Bank of
France shows an increase of 6,250,000 francs in gold and
3,100,000 in silver.
The New York City Clearing-House banks in their statement
o f April 15 showed an increase in the reserve held of $2,066,900 and a surplus over the required reserve of $11,072,550,
against $9,212,950, the previous week:
1893.
15.

Demand,

88
@ 4 883* 4 9 0 ® 4 9 0 %
8 6 3 *® 4 8 7
8 6 * 4 3>4 8 6 3 i
1 G V ® 5 15^8 5 1 3 % ® 5 1 3 %
40% a 407, e
4 0 16'8>4014
95% @ 95%
9 5 3 s & 9 5 1*

The following were the rates of domestic exchange on New
Yo~k at the under-mentioned cities to-day: Savannah, buying
par, selling % premium ; Charleston, buying par, selling %
premium; New Orleans, bank, $1 50 premium, commercial,
75c.: St Louis, 90c. per $1,000 premium; Chicago, 40c. per
$1,000 premium.

m is c e lla n e o u s .

April

Sixty Days.

21.

P r im e b a n k e r s ’ s t e r lin g b ills o n L o n d o n .. 4
4
4
P a r i s b a n k e r s ( f r a n c s ) ............................................................ 5

R a ilr o a d * .

B a l t i m o r e & O h io c o m m o n ------ I
“
“
W a s h in g to n B r .
C i n . H a m . & D a y t o n c o m . ( q u a r .)
W h e e l. & L a k e E r i e p r e f . ( q u a r .)
H a n k s .
E a s t S i d e ......................................................................
G e r m a n E x c h a n g e ( a n n u a l ) .............
N a s s a u ................................................................................ j
P a c i f i c ( q n a r ) ............................................................'

W A L L

LVo l . L V I .

1 1 ,0 7 2 ,5 5 0 i l u e . 1 ,8 5 9 ,6 0 0

1 5 ,7 8 8 ,5 0 0

4 ,3 1 9 ,8 5 0

Foreign Exchange.—There has been unusual interest this
week in the foreign exchange market, owing to the demand
for gold to export and also to the public discussions of the sit
uation. Rates for sterling have ruled very high but the
volume of business done was not large. The exports o f gold
this week foot up $7,905,000, of which $6,155,000 goes out to
morrow ($75®;000 being from Boston). Actual rates of ex
change are: Bankers’ sixty days sterling, 4 87%@4 88; de
mand, 489%@4 89%; cables,4 89%@4 89%.

2 s , ........................................ r e g .
4 s , 1 9 0 7 . . „ ...............r e g .
4 8 , 1 9 0 7 .....................c o u p .
6 s , o a r ’ c y , ’ S 5 _____r e g .
6 s , o u r ’ c y , ’ 9 6 _____r e g .
8 s , e a r ’ c y , ’ 9 7 _____r e g .
6 s , c u r ’ c j 7 9 8 _____r e g
6 s , c u r ’ c y , ’ 9 9 _____r e g .

Q .- M c h .
Q .- J a n .
Q .- J a n .
J. & J.
J . <fe J .
.T , & J .
J , At J .
J. & J.

* 9 9 * 2 * 9 9 i*
*1 1 3
*1 1 3
*1 1 3
*1 1 3
*105
|* 1 0 5
* 1 0 7 i * * 1071 *
m o » * *11012
* 1 1 3 »* * 1 1 3 1 *
* 1 1 5 !* *1151*

* 9 9 i*
*1 1 3
113
*1 0 5
* 1 0 7 i*
* 1 1 0 i*
*113**
*1151*

* 991*
113
11234
*105
*1 0 71 *
* 1 1 0 i*
* 1 1 3 xa
*1151*

* 99
* 99
113
1 *1 12 1 *
113
* 1 1 2 **
*1 0 5
1 *1 05
*1071* *1071*
*1101* *1101*
*1131* * x l3 i*
* 1 1 5 3 * v1 1 5 l*

" F l i t s i s t h e D r i c e b i d a t t h e m o r n i n g b o a r d : n o s a .'e w a s ix a d e .

Government Purchases o f Silver.—The following shows
the amount of silver purchased to date by the Government.
Ounces
offered.
P r e v io
A p r il
“
“

u s l y r e p o r t e d ..................... 5 , 7 3 7 , 7 0 0
1 7 ........................ ........................... A, 1 7 5 ,0 0 0
3 9 ........................................................
8 9 0 .0 0 0
5 5 0 .0 0 0
2 1 .....................................................

T o t a l i n m o n t h t o d a t e ............ 8 , 3 5 2 , 7 0 0

Ounces
purchased.
2 1 6 2 ,0 0 0
5 0 0 .0 0 0
4 2 5 .0 0 0
1 7 0 .0 0 0

Price paid.
$0 8305 ®
$0*8340 ®
$ 0 -8 3 5 0 ®
$ 0 *83 4 0 ®
.....................
@

$ 0 *83 6 0
$ 0 -8 3 5 0
.....................
$ 0 -8 3 6 0
......................

'd)

$0*8360

3 ,2 5 7 .0 0 0 $ 0 * 3 3 0 5

* T h e lo c a l p u r c h a s e s o f e a c h w e e k a r e n o t r e p o r t e d
t h e f o llo w in g w e e k .

t ill M o n d ay of

Coins.—Following are current quotations in gold for coins
S o v e r e i g n s ................ $ 4
85
N a p o l e o n s . . ........... 3
85
X X R e ie h m a r k s . 4 7 0
2 5 P e s e t a s ................ 4
75
S p a n .D o u b lo o n s .1 5 5 5
M e x . D o u b lo o n s . 1 5 5 5
F in e c o ld b a r s . . .
par

@ $4 90
•»
3 9u
@
4 76
@
4 83
@ 15 75
@ 15 75
@ % p re m

F in e s i lv e r b a r s . . — S3 q o

F i v e f 1 i » a c s .. . . . . .
M e x lo a n d o l l a r s . .
D o u n o o iu m e ro ’ l
P e r u v ia n s o l s .. . ..
E n g lis h s i l v e r . .. .
U .8 . t r a d e d o lla r s

— 93
— V5%
-------- ®
— 59
4 80
— 65

— 83%

@ — 86
7 — 6 6 u
— —
@ — 61
@ 4 90
@ — —

State and Railroad Ronds.—Sales of State bonds at the
Board include only $5,000 of Ala. class “ B"’ at 106%, except
small lots.
Railroad bonds have been dull, but they hold their prices
well as compared with stocks. The railroads in Mexico are
paying their bonded interest in gold where it was so prom
ised, and it is hardly to be supposed that railroads in this
country will not equally well live up to their agreements.
There has been a scattered business in bonds this week, with
out any decided activity in special issues and apparently very
little doing on speculation. The Richmond Terminal bonds
have been rather weaker, owing probably to the less confident
feeling as to their status under the coming reorganization
scheme. Phila. & Reading bonds have been very quiet, with
some moderate purchases in blocks, but no firmer prices,
though Reading affairs seem to be progressing in a satisfactory
manner. The Northern Pacific bonds have been a little in
fluenced by the directors’ meeting, and to-day the consol 5s
sold at 68 in small amounts. The Erie 2d consol 6s have
sold freely at times and to-day touched 95, probably owing to
the talk of a reduction in interest to be asked, however illfounded the report may be. The average 4 per cent Western
railroad first mortgage gold bonds are holding their prices
against the prevailing depression in stocks, and so far the super
iority of bonds as collateral or as property upon which to
realize money when needed is very well shown.
Railroad and Miscellaneous Stocks.—The stock market
has had some activity but mainly in the direction of lower
prices. Holders of stocks are unsettled by the gold situation
and by the discussions in the daily newspapers lending promin
ence to it. The industrial stocks have generally been _among
the weakest, and to-day Am. Cotton Oil sold at 42%, Distilling
& C. F. at 26kg, General Electric at 97%, Chicago Gas at 82%,
.Sugar at 98%, Lead at 36%, and Tobacco at 87%. There seems
to be nothing in particular to cause depression in these stocks,
except that in times of uncertainty and sensitiveness the money
lenders are apt to discriminate against them as collateral.
Western Union has sold a fraction below 89 but reacted
quickly to 91% on good buying. Missouri Pacific was weak
ened by a false report from St. Louis of a coming reorganiza
tion, and the officers of the company very properly took
measures looking to the prosecution of the originator of this
falsehood. Richmond Terminal is lower on small transactions
and the rumors of a 9 per cent assessment on the stock, for
which an income bond would be given. Manhattan Elevated
sold down to 144 on the reluctance of the company to pay any
thing to the city for the enlarged franchises. The granger
stocks are pretty steady at a small decline from previous
figures. Northern Pacific has been little affected by the result
of the directors’ meeting on Thursday, although with the rest
of the market it was weaker this morning at 38%. Tins after
noon the market rallied sharply and advances were made all
along the line on the covering of shorts, though prices closed
a little off from the highest reached.

NEW YORK STOCK EXCHANGE—ACTIV E STOCKS f o r week ending A P R IL
H IG H E S T A N D
S a tu rd a y ,
A p r il 1 5 .

M onday,
A p i 1117.

657

THE CHRONICLE

A pril 22, 1898.]

A p r il 1 8 .

2 2 ,

L O W E S T P R IC E S .
W ed nesd ay,
A p r il 1 9 .

T h u rs d a y ,
A p r il 2 0 .

F r id a y ,
A p r il 2 1 .

STO CKS.

and since JAN. 1,
S a le s
o f th e
W eek.
S lia r e s .

1 8 9 3

d

R a n g e o f s a le s In 1 8 9 3 .
Lo w est

H ig h e r ,

to cc

A c t iv e H i t . S t o c k s .
31
32%
3 2 % A t c h i s o n T o p . <fc S a n t a E e ----33
31%
3 0 ,1 5 0
32%
32%
33
32%
33%
33%
33%
3 0 % M a r. 16
36% Ja n . 16
3
%
4
A
t
l
a n t i c & P a o l f l o ................................
4
*
3
*
8
*314
50
*
3
%
3
%
3
%
3
Feb . 21
■
3%
4
4% Ja n .
3
■ 3%
4
86%
86
8 6 % B a l t i m o r e <fe O h i o .................................
86%
1 ,9 1 0
86%
87
85
85%
85
A p r. 18
86%
86%
85%
86%
9 7% J a n . 24,
83
83
82%
8 3 % C a n a d i a n P a o i l l o ......................................
2 ,6 0 0
8 2 % M a r. 16
83%
83%
83%
83 *4
*8 3 *4
84
90% Ja n . I S
*8 3 %
83%
51%
54%
55%
5 5 34 C a n a d a S o u t h e r n ....................................
3 ,6 5 5
55%
55%
56
5 2 % M a r. 21
*65%
65%
65%
55
55%
58% Ja n . 16
115
1 1 6 % C e n t r a l o f N e w J e r s e y .....................
115% 116
2 ,6 2 0 1 1 4 % M a r . 1 6 1 3 2 % J a n . 2 1
117
117%
*117% 118%
117% 117%
116% 117%
22
2 2 ifl 2 2 %
2 2 % C h e s a p e a k e & O ., v o t . t r . c e r t . 1 3 ,3 3 9
22^
23 ^
23
23%
22
A p r. 21
23%
24%
23%
23%
26
A p r.
6
*1 4 0
144
145
*1 4 0
170 140
141
141
C h i c a g o A A l t o n .......................................
114% 144%
142
145
142
142
J a u . 11 1 4 5 % F e b .
1
93
92^
91%
9 1 3 8 9 3 % C lii o a g o B u r l i n g t o n & Q u i n c y .
9 0 ,1 8 5
92%
92%
91%
94%
95%
93
94%
9 1 % M a r. 16 103% J a n . 2 1
*65
63
68
C h lo a g o & E a s t e r n I l l i n o i s —
*65%
6 5 % M a r. 10
*66
68
*6 6
67
*66
68
7 2 % J a n . 2599
99
99
103
Do
p re f.
253
1 0 '% 1 0 2 %
99
99
100
103
9 8 % M a r. 18 1 0 5
*1 0 0
103
Ja n . 23
75%
76%
75%
7 7 % O h io a g o M i l w a u k e e A 8 t . P a u l . 1 1 7 , 0 2 0
76%
77%
76
77
7 4 % M a r. 16
77%
77%
83% Ja n . 2 3
76
76%
119% 119% 119% 120
Do
p re f.
2 ,r i4 6 1 1 9 % A p r . 2 1 1 2 6
121
121%
121% 121%
121% 121%
120% 120%
Ja n . 23
111
1 1 1 % 1 1 0 % 1 1 1 % C h lo a g o A N o r t h w e s t e r n ............
9 ,2 5 1
111% 112%
0 9 % MA ta r . 1 6 :1 1 6 % F e b .
111% 112
111% 112
112
112%
1
13 9 % 141
420 139
140
140
Do
p re f.
M a r . 1 3 ;1 4 6
141
141%
141% 141%
110% 140%
140
142
Ja n . 20
80%
8 1 % C h lo a g o R o e k l s l a n d A P a e l f l o .
80%
82%
3 5 ,4 2 1
82
83%
81
82%
8 0 % A p r . 21
83
83%
82
82%
89% Ja n . 23
48
5 0 % C h lo a g o S t . P a u l M i n n . A O m .
50%
51%
9 ,2 1 0
53
53
52%
52%
51
52%
47% Ja n .
3
52%
02%
58% Feb .
9
118
120
4 1 7
119
418
120
Do
p re f.
117
Ja n .
4 1: 2 1
* 1 1 8 % 1 2 0 % '1 1 8
118
120
120
Feb.
3
49
4 9 % C le v e . C in o ln . C h lo . A S t . L . . .
8 ,9 1 5
49%
49%
49%
50%
49%
49%
49%
50%
50
50%
4 6 % M a r. 9
60% Ja n . 2 3
Do
p re f.
91% A p r.
6 98% Ja n . 3 0
27%
28
27
2 7 % C o ln m h u s H o o k ln g V a l. A T o l
1 ,8 0 0
28%
28%
28%
28%
25
M a r. 15
*28
28%
27%
27%
32% Ja n . 1 9
69%
70
*6 9
71
200
*7 0
73%
'7 0
73%
Do
p re f
*7 0
73%
*70
73%
69
F e b . 20
73% Ja n . 17
1 2 4 % 1 2 8 % D e l a w a r e A H u d s o n ........................ .
127% 129
3 ,8 5 9 1 2 4
130% 130%
129% 130%
129% 130
129
129
F e b . 2 4 11 3 3
A p r.
6
111
142%
1 4 0 % 1 4 2 % D e la w a re L a o k a w a n n a A W es1
3 1 , 8 9 6 1 3 7 % M a r . 1 6 :1 5 6 % J a n . 2 7
1 4 3 % 143% 142% 143%
1 4 2 % 1433» 1 1 1 % 1 4 3 %
45%
17
*15%
17
*15%
17
*1 6
17
*15%
.7
D e n v e r A R io G r a n d e . . .
15
M a r. 6
18% Ja n . 21
53%
54
53%
54%
*54%
55%
54%
54%
54
dd
5 ,6 7 1
54%
54%
Do
p re f.
M a r. 16
51
57% Ja u . 2 3
3%
3%
3
3
1 ,8 4 3
*3 %
4
3%
3%
3%
3%
E a B tfT e n n e s s e e V a . A G a —
3%
3%
3
A p r. 21
5% Feb .
4
'2 0
28
*20
SO
*24
28
*25
30
28
Do
lB t p r e f
*2 5
30
*20
26
A p r. 10
35% Feb .
3
9
6%
6%
6%
6%
810
6%
7%
7
8
Do
2 d p re f.
*7
9
6
Ja n .
4
*7
11% Feb .
3
143% 145
5 0 0 1 4 3 % A p r . 2 1 ;1 5 2
*145% 146%
144% 145%
1 4 3 % 1 4 4 % E v a n s v ille &T e r r e H a u t e ...
144% 144%
Ja n . 12
1 3 3 % 133%
133
145
136
700 132% J a n . 27 142% F e b .
*1 4 0
145
138 '
* 140
1 3 6 *3 13S»3 *1 3 5
G r e a t N o r t h e r n , p r e f . ----------7
*1 0 2
102 % 1 0 2 1 0 2
100 % 100 % I l l i n o i s C e n t r a ..........................................
1 ,8 0 1
101 10 1 % 1 0 0 * 3 1 0 1 3 s ' 1 0 0 % 1 0 1
9 7 % M a r . 1 6 ;1 0 4
Ja n . 2 3
9
9
210
'8 %
■ 8%
9
9
*3 %
8
8 % I o w a C e n t r a l ...............................................
8
8
-8 %
8
Feb . 20
11
Ja u . 25
31
29^3 * 2 7
29
*29
*29
*2 9
3 L
*2 8
25
31
28%
Do
p re f.
28%
28
M a r. 2 0
37
Ja u . 16
2 L 34 2 2 3 s
22 % 2 2 » 4 *2 2 ^ 4 2 3
22
2 2 % L a k e E r i e A W e s t e r n ........................
22 %
1 ,8 8 0
22 *3
21
M a r. 16
25% Ja n . 14
2 2 78 2 2 %
80
*78^
7 6 *3 7739
77%
79
2 ,4 8 8
7 9 *3 79 *3
7938
77
77H
Do
p re f.
78%
82
Ja u . 18
75
M a r. 16
1 2 9 *\ 13114 1 2 9
1 4 ,4 1 5 1 2 4 % M a r . 1 5 1 3 4 % A p r .
1 2 6 18 1 2 8 4 i
126% 129
L a k e S h o r e A M lo h . S o u t h e r n
130
1 2 8 13 1 3 0
128% 129%
8
108
109
109
130 105% Ja n .
108
108
*107
109
*1 0 7
110
* 1 0 7 * 3 lO O 1^ 1 0 8
L o n g I s l a n d ....................................................
118% J a n . 21
73%
73
7 3 % L o u i s v i l l e A N a s h v i l l e ...................
75 %
72%
72%
72%
1 6 ,5 0 5
7 3 % 73
73% 7 2 ^ 7 3 %
71% Ja n ,
5
77% Ja n . 21
22^
-2 2
2 1%
21
3 ,1 8 2
*2 1 13 2 2 %
22
21
19%
L o u i s v . N e w A l h . & C h ic a g o ..
21%
19% A p r. 2 !
27
Ja n . 14
2214 2 2
V
k
*
*
k
21
21
21
21
21
21
20% Feb . 27
L o u is v ille S t . L o u is & T e x a s .
2 7 % .T a n . 1 6
162
160
144
146%
147
5 7 ,0 8 7 1 4 4
146
A p r. 21 1
: 74% Ja u . 1 3
M a n h a tta n E le v a t e d ,c o n s o l..
1 4 8 *3 1 5 9 *2 1 4 5
151%
1 4 5 5 s 1 4 9 *4
108
*106
105
*105
108
105
*H > 5
1 0 0 1 0 3 % M a r . 2 1 :1 0 8 % A p r .
103
*1 0 5
106
M i c h i g a n C e n t r a l .....................
8
*15
16
*14
15
*1 4
1 5 % M in n e a p o lis A S t . L o u is
*1 5
16
10
14
M a r. 16
15
15
* L4
16
19% Ja n . 14
*4 2
45
4
5
45
45
*4 0
*4 0
43
M a r. 16
*4 0
45
45
Do
p re f.
*4 0
*40
49
Ja n . 16
*13^
14
13
*1 3 38
1 3 % M is s o u r i K a n s a s A T e x a s —
822
13
A p r . 21
13%
*1314 1 3 3 ,
13%
1 3*3
1 3 34 1 3 5 *
16
Ja u . 25
25^ 8
25
2 2 % M a r. 16
*2 5 ^ 4 2 6
25
2 4 3 4 2434
24%
400
Do
p re f.
25
25
*2414 2 5
28% Ja n . 16
5 0 3s
49
46
49
49 *3
4 5% A p r. 20
49 % 5 0
49 % 5 1 * 8
45%
1 2 3 ,9 8 8
M i s s o u r i P a c i f i c ........................
60
Ja n , 21
■17% 5 0
29
*23
29
28
2 8 % M o h ile A O h i o ..............................
*28
30
600
24
A p r.
5 3 5 7s J a n .
*2 7
29 *3
*2 7
28
28%
5
*88
89
*3 8
90
90
x89
89
N a s h v .C h a t t a n o o g a & S t . L o u ie
89
936
85
M a r. 20
89
90
90
90
90
A p r. 18
* 1 0 6 * 3 1 0 7 14 1 0 6 % 1 0 7
1 0 5 *3 1 0 6
3 ,8 1 2 1 0 3 % M a r . 1 6 1 1 1 % J a u . 2 5
106
N ew Y o rk C e n tra l A H u d so n .
106% 107
1 0 6 1* 1 0 6 7e 1 0 5
*1 8
19
18
17
18
18
18
17
*1 7
885
1 6 % M a r. 16
18
N e w Y o r k C h lo . A S t . L o u is . .
20
Ja n . 17
17%
17%
k
73
7313 73 *2
73
78
73
73
600
68
F e b . 23
73
*7 1
Do
ls t p r e f .
78
Ja u . 23
*3 7
39
*3 6
35
*3 4
36%
39
250
33% F e b . 24
35
Do
2 d p re f.
37% 3 7 %
37%
41
A p r.
5
37^4
21
21^
20 % 2 L 3s
20 %
2 0 % N e w Y o r k L a k e E r i e A W e st’n
19
M a r. 20
21
3 0 ,6 8 5
20
20%
19%
19%
26% Ja n . 2 5
2 0*3
47% 4 7 %
4 4 3 * 4434
320
Do
p re f.
4 3 % M a r. 23
46
46
58
Ja n . 24,
30%
3 2 *4
32%
30%
30%
33
3 1 % N e w Y o r k A N e w E n g la n d . . .
2 1
M a r. 16
32%
8 5 ,8 6 3
33 %
31%
52% Ja n . 17
31% 3 2 ^
*2 1 5
230
*2 1 5
*215
230
235
*2 1 5
235
2 5 3 % l e b . 2 0 •;2 6 2 % J a n . 1 8
N ew Y o rk N ew H a v . A H a rt.
*2 1 5
235
17
17
20
*1 7
19
18%
17
18%
N e w Y o r k A N o ith e r n , p r e f ..
1 *22*0 1 7
18
18
A p r. 15
38
J a n . 24,
18
18
1 7 *8 1 7 %
17
1 6 7e
1 6 % N e w Y o r k O n t a r io A W e s te rn
17 ^
1 6*3
3 ,5 9 5
1 6 % M a r. 16
19% Ja n . 20
17%
16%
17
16%
1 7 3e
18
18
173i
16
1 6 % N e w Y o r k S u s c p ie h a n . & W e s t
18
17%
4 ,9 5 0
21% Ja n . 23
15% Feb . 24
17
1 6 &8 1 7
1718 1 7 %
*69
71
6S%
70
69
69
67
3 ,5 1 0
p re f.
64
F e b . 24
73% Ja n . 23
68
68
6 7 *4
Do
6 7 34 6 8 %
N o r f o lk A W e s t e r n
135
7
M a r. 8
9% Ja u . 10
291 .2 3 0
29%
24%
Do
p re f.
425
39% Ja n . 2 3
29% A i r . 17
*1 6 %
17
16 *3
1 6 i*
3 ,3 9 5
14% Feb . 20
16
1 6 % N o rth e rn P a o lf lo .. . . . . . . . . . . . .
18% Feb . 1 4
16%
16%
1 6 *3 1 6 * 3
16%
16%
39%
41
39
39 %
41
39%
38%
39%
Do
p re f
5 2 ,2 9 7
38%
39%
3 6 % F e b . 25
50% Feb .
6
39%
40%
*20
21
*
*2 0
21
2 0 i*
18%
1 8 % O h i o & M i s s i s s i p p i ..............................
110
18
18
25
Feb.
1
1 8 % A p r . 21
*43
47
*4 3
*4 3
48
48
*43
*4 3
48
O h io S o u t h e r n ..........................................
49
Ja n . 25
43
J a n . 18
48
*4 3
*7 6
80
*76
80
*75
76
75
71
71
O re g o n R ’ y A N a v ig a t io n C o
71
A p r. 21
84% Ja n . 2 3
75
305
73
*1 8
20
O re g o n 8 h . L i n e A L t a h N o rth
20
18
M a r. 15
25
Ja u . 16
*18
*1 3
15
* 12 %
15
*1 2 13
15
13
13
P e o r ia D e c a t u r A E v a n s v ille .
13
15
13
110
12% A p r.
4 18% Ja n . 21
*1 3
23
23%
24%
24
23%
23%
P h ila d e lp h ia A R e a d in g
23%
24%
53% Ja n . 25
23 *4
24%
24
8 7 ,7 4 5
2 2 % M a r. 9
23%
*2 0
21
2 0 H, * 1 9
19
*1 8
1-9
19*s
P it t s b u r g C in n . C h ic . A S t . L .
21% Ja n . 24
19
*18%
300
1 7 % M a r . 11
19
2013
*56%
60
*5 7
56%
62
Ja n . 24
61%
56%
57
Do
p re f.
*5 7
61
56%
500
57
57
55
Feb . 24
8%
8%
7%
1%
8
R io h m o n d A W e s t P o i n t T e r ’ l 2 5 ,0 1 7
12
Feb.
3
8%
8
Ja n .
4
8%
7%
7
8%
7%
30%
33
32
33
*32
29%
30
Do
p re f.
A p r. 20
43
Feb.
6
36
*3 2
36
29
2 ,3 7 5
£9
22
Ja n . 25
R io G ra n d e W e s te rn
M a r. 16
16
6L%
61%
60%
60%
6 2 % J a n . 28
Do
p re f.
200
60
M a r. 17
*7
7%
*7
7%
*7
713.
6%
6 % S t . L o u i s S o u t h w e s t e r n ...............
5% Ja n .
4
7% Ja n . 18
7
7
725
6%
7
*13%
11%
*13%
12%
12% |
1413 *1314 1 4 1 4
12%
13
1 1 % M a r. 18
15
Ja n . 18
13%
13%
Do
p re f.
617
*4 4
45
*44
45
43
41
’ S t . P a u l A D u lu t h
44
43%
43%
4* 2" %
41
A p r. 21
47 % J a n . 1 8
43
43
1 ,0 6 5
*1 0 4
107
105% 106
‘ 104
107
104
106
I
Do
p re f.
*104
107
104
106
52104
M a r.
1 108
Ja n . 30
*113% 114%
113
1 1 4 ^ 113
113
112
112
550 111
Ja n . 14 116% Feb . 1 4
113
113
112% 114
S t . P a u l M in n . A M a n it o b a ...
32
32%
32%
31%
30%
3 1 % S o u t h e r n P a o i l l o C o ..............................
3 ,7 0 0 , 3 0 % A p r . 2 0 ; 3 5 % J a n . I S
3 1% 32
30%
31%
31%
32%
*8%
9
9%
9%
7%
8
3 ,5 5 5
7 % A p r . 211 1 1
Ja n . 19
9
T e x a s A P a o i l l o ..........................................
8
8%
8%
8%
8%
38%
38%
38
38%
38%
37%
3 8 % T o le d o A n n A r b o r A N . M ic h .
4 ,8 2 0 ! 3 6 % M a r . 7
40% Ja n . 31
38
38%
38
38
38%
*4 5
55
*4 5
55
*45
55
48
48
'4 5
55
T o l e d o A O h i o C e n t r a l .....................
3 ll 5 0
Ja n . 17i 50
Ja D . 1 7
50
50
*7 6 %
84
*77%
84
*77%
84
*7 7 %
84
25! 7 8
M a r. 2 1
85
Ja n .
7
*7714 8 4
*77%
84
Do
p re f
36
36%
34%
36
36%
37%
2 1 ,2 6 5 ' 3 4 % A p r . 2 1 ! 4 2 % J a n . 2 7
36%
U n i o n P a o l f l o ...............................................
36%
36
36%
35
36%
*1 4
15
*14
15
14
14
*1 4
15
*14
15
100
1 3 % M a r. 15
18% Ja n . 16
U n io n P a o iilc D e n v e r A G u lf . 1
*14
15
'1 0 %
11
* 10 %
10 % * 1 0 ^ 3 1 1
9%
1 0 % W a b a s h ........................ .........................................
9%
10%
1 ,8 1 5
9% A p r. 2 1 ’ 12% F e b .
9
10%
10%
22
22%
20%
21%
2 1% 2 L s
21%
21% 2 1 % 2 1 %
20% A p r. 20; 26% F e b .
7
20%
21%
Do
p re f.
5 ,3 0 0
'1 7 %
19%
19
19
1
7
1
7
18
*
1
6
%
1
9
%
1
5
%
M
a
r
.
1
0
2
3
%
J
a
n
.
1
7
18
16%
16%
W h e e l i n g A L a k e E r i e .....................
510
57%
57%
55
55
55%
55
A p r. 18
67% Ja n . 1 7
551s 5 5 %
55
55%
55%
55
55
1 ,0 3 1
Do
p re f.
*12%
12%
12
%
1
2
1
2
*
12
%
W
i
s
c
o
n
s
i
n
C
e
n
t
r
a
l
C
o
........................
1
2
F
e
b
.
2
7
---------* 12 %
12
12
13
500
12%
12%
M is c e lla n e o u s S t o c k s .
46%
47% '
47
42%
45
46%
46%
44%
46%
4 5 i3
44%
45%
A m e r i c a n C o t t o n O i l C o ...............
5 4 ,4 2 2 ; 4 2 % J a n .
5
51% M a r.
3
*8 0
82
81
80
80
78
79%
3 ,2 9 5 1 7 8
A p r. 21
84
Feb. 14
81
79
79%
79%
80%
Do
p re f.
101% 102%
100% 101%
100% 102%
6
100% 102
9 8 % 1 0 1 % A m . S u g a r R e f . C o ................................. 1 7 6 , 4 2 8 , x 9 2 % M u r . 1 5 1 3 4 % F e b .
100% 102%
*9 7
98
96%
97%
*9 7
97%
1 ,4 1 8 x 9 4
M a r. 15 104% J a n . 1 »
97%
98
96
96%
Do
p re f.
98%
98%
97%
97% x9 3
94
9 ,lS 7 i 8 7 % A p r . 2 l! l2 1
Ja n .
3
93
93%
87%
88
A m e r i c a n T o b a c c o C o .....................
90
92
88%
89
101
101%
100 102
A p r. 12 110% Ja n .
3
*9 8
99
98%
99%
..................................
Do
p re f.
*9 8
99
94% Ja n . 21
88
89%
84%
85%
82%
8 5 % C h i c a g o G a s C o . , t r u s t r e o ’ t B . 1 3 3 ,8 7 3 : 8 2 % A p r . 2 1
87%
88%
85%
87%
84%
87
*1 9
21
8 2 0 1 18 % J a n .
6
25% Feb .
7
*19
20%
*1 9
20%
*19
21
*19
20%
18%
1 9 % C o lo r a d o C o a l A I r o n D e v e l . .
*6 5 %
66%
2 ,5 2 5 ! 5 7 % J a n .
6 72
Feb. 14
65
66
64%
65%
63%
64
C o l o r a d o F u e l A i r o n .................. .
64
64
64%
64%
127% 127% 127
3 ,2 0 0 1 2 0
M a r. 18 1 4 4
Ja n . 20
127
126% 126%
127
127%
1 2 6 % 1 2 8 % ;C o n s o l i d a t e d G a s C o ,
126% 128%
9 6 ,2 0 0 ! 2 6 % A p r . 2 1
66% Ja n .
3
27%
28%
26%
27%
27%
28%
27%
29%
26%
2 7 % D is t illi n g & C a t t le F e e d ’g C o .
27%
28%
4 9 ,4 6 3 ! 9 7 % A p r . 2 1 1 1 4 % J a n . 1 6
105% 106%
97% 102
||1 0 1 % 1 0 4
G e n e r a l E l e c t r i c C o ...........................
103% 105
100% 102%
98% 100%
62%
63%
7 1 .3 0 7 ’ 5 7
F e b . 2 4 '* ; 1 4 7 F e b . 1 0
60%
62%
58
6 0 % N a t i o n a l C o r d a g e C o ., n e w . . .
60%
61%
59%
60%
59%
61%
O , 3QQ-V
L , JTao nn . O
2
95 1
1m
01
AA pTIT*
r. 20 1
U 1 SC 1*
2C
0\
105
105% *103
102
104
105
Do
p re f.
103
104
104
104
101
101%
40%
40%
5 3 ,4 2 5
35
M a r.
9 5 2 1e J a n . 2 1
38%
39%
38%
39%
36%
37%
36%
3 8 3 s N a t i o n a l L e a d C o ...................................
37
39
5 ,8 1 2 ! 7 8 * 3 M a r . 1 5
96
Ja n . 20
*8 3
85
79%
82
82%
83
Do
p re f.
82%
83%
81%
82%
79%
81%
1 1 M a r. 2 4
10%
10%
5 ,3 9 ( 5 '
8
M a r. 16
9
9 % N o r t h A m e r i c a n C o .....................
9
9%
9%
10
9%
9%
9%
9%
21^ Feb.
9
...............| 1 8
Feb.
7
*1 8
23
*1 8
22
*1 8
23
O re g o n Im p ro v e m e n t C o . .
*18
23
*18
22
*1 8
22
5
,
6
1
5
'
2
0
A
p
r
.
1
7
27^ Ja n .
3
20%
20%
20
2 0 % P a o l f l o M a i l ............................................
20
20%
20
20%
20%
20%
20
20%
88. 0001 5 2 * 2 J a n . 1^ 7 0 * 3 A p r . 4
*68
69
68
68
66%
67%
P i p e L i n e C e r t i f i c a t e s 5 _____
............... 6 8 %
67%
68%
*6 7 %
68%
204
204
2
,
4
0
7
1
9
0
*
3
M
a
r
.
1
6
206
A p r. 12
1 9 7 % 1 9 7 % P u l l m a n P a l a c e C a r C o _____
199
201
199% 200
198
199%
200
201
3 0 . 0 0 0 1 S 2 18 M a r . 2 1
*8 3
83%
S4*3 J a n . 1 8
*33%
8 3 % S i l v e r B u l l i o n C e r t i f i c a t e s _____
*83%
83%
83%
83%
*8 3
83%
*83%
83%
1 9 ,5 4 0 ; 2 0
A p r. IS
23%
24%
37^8 J a n . 1 2
21
22%
20%
22
Te n n e sse e C o a l & Iro n —
20
22%
21%
21%
20%
21%
560
84
A p r . 2< 1 0 2
Ja n . 31
Do
p re f.
84
88
8 ,0 6 1 ' 4 2
M a r. 15
605$ A p r ; 1 8
58
58
56%
57%
55%
57
U n i t e d S t a t e s R u b b e r C o ............
55%
59
56
57
57%
60%
94 . 12 7 ; P f t * A p t 21 m i
la n
20
92%
93%
91
92%
91
92%
88%
9 1 % W estern U nion Teleirrsnh ..
90%
92%
89%
90%

15% Jan. 23

* T h e s e a r e b id a n d a a k e d ; n o s a le m a d e ,

§ F r io e e f r o m

b o th E x c h a n g e s ,

U L o y e s i i s e x d iv id e n d .

II O ld c e r t it ic a t e s .

x E x d iv .

THE

668

C H R O N IC L E .

[V ol.LVI

NEW YORK STOCK EXCHANGE PRICES (Conliunetl)-IN A C T IV E STOCKS.
A p r.

I n a c t iv e St o c k ?.
U In d ica tes u n listed .

B id .

2L.

jRa

A sk

n g e (s a le s ) in

R a i l r o a d S tock s*
A lb a n y & S u sq u eh a n n a .............. 100 160
B e lle v ille & S outh. 111. p r e f.......100 138
B o sto n & JST. Y . A ir Line p r e f .. 100
98
33
B ro o k ly n E lev a ted j|....................100
B u ffa lo R o ch e s te r '^ P itts b u rg . 100 : 33
P re fe r re d ....................................... 100
B u rl. C edar R a p id s & N or......... 100 t 58
C ed ar F alls & M in n e so ta ........... 1 00
C e n tra l P a cific................................ 1 00 r 27
C le v e la n d & P it ts b u r g ................ 50 154
C o lu m b ia & G reen v ille p re f— 100 . . . . .
D e s M oines & F o r t D o d g e ........1 00
P re fe r r e d ....................................... 100
18
u luth So. Shore & A tla n t ic 11.100
8
20
P referred H................................... 100
17*4
lint & P e re M a rq u e tte ...............100
P re fe r re d ....................................... 100
5
G eorgia P a c ific !! ........................ 100
O r. B ay W in. & 8 t P. t r .r e c -----100 { 1 0 %
P re fe r re d trust re c ta ............... 100
3
H o u s to n & T e x a s C e n tra l......... 100
Illin o is C entral lea sed lin e s ___ 100
K a n a w h a & M ich ig a n ..................lo O " Y T
K e o k u k & D es M o in e s ................. 100
P r e fe r r e d ....................................... 100
25
L o u is v . E v a n s v . & St. L. C o n s .100
P re fe r r e d ....................................... 100
M a h o n in g C o a l............................... 50 1 0 0
P r e fe r r e d ...................................... 5 0 108
2%
M e x ica n N a tion a l.......................... 100
M orris & E s s e x .............................. 5 0 1149
Hf. Y. L ack. & W e s te r n ................ 1 00 {1 1 3
57
N o rfo lk & S ou th ern .......................1 00
7
P e o ria & E a s te r n ........................... 100
{1
5
3 i«
P itts. Ft. W a y n e & C h ic a g o — 1 0 0
35
P itts. & W estern p f ...................... 50
R e n sse la er & S a r a to g a ................1 00 170
R o m e W a t.& O g d en sb u rgh — 100. { 1 1 1
St. L ou is A lton & Ter. H a u te ...lO o l 32

170

156

Jan .

100

10f %
35
32%
80
58
4
26%
154

Feb.
Feb.
M ar.
M ar.
A p r.
Jan .
A p r.
A p r.

7 1s
22
10
24
153s
77%}

M ar.
Feb.
Mar.
M ar.
M ar.
Jan.

10%}
21
4
88
13

M ar.
Mar.
A p r.
Jan .
A p r.

16”
23
4 7ia
100

Mar.
F eb.
F eb.
Mar.

35%
80

156
"8 "

30
10%

2 5%
20

12

25%
110
112

4%

* N o p rice F r i d a y ; la te s t p r ic e this w eek.

A p r.

I n a c t iv e S t o c k s .
II In d ica te s unlist ed.

B id .

150
T o le d o P eoria & W e ste rn ..........100
10
! T o le d o St. L. & K a n sa s C ity 1T..........
102% Jan . ! V irgin ia M id la n d ..........................100
4 1 % Jan .
37
Jan.
M is c e lla n e o u s S to c k s.
8 6 % Jan . A d am s E x p r e s s ...............................100 5158
1
65 Jan .
A m erica n B an k N ote Co H____
4 Jan . A m e rica n E x p r e s s ........................ 100 a i 8 %
2 9% J an . Airier. T elegrap h & C a b le .......... 100 :‘ 88
157% Jan .
B ru n sw ick C o in p a n y ....................100;
8%
Chic. June. R y . & S to ck Y a rd s . 100j
9% Jan .
P r e fe r r e d ....... .............................. 100!
24
Mar. C itizens' G as o f B r o o k ly n ......... 100 107%
14% Jan. C o lo ra d o F u e l & Iro n , p r e f........ 100 .........
32 Jan . C olu m bus & H o c k in g C o a l.........100 !J 1G
23
Jan. C om m ercia l C a b le ......................... 100 140
7 7 % J an . C on sol. C oal o f M a ry la n d .......... 100; M i*
5 12 1
14% J a n . In te rio r C on d u it & Ins. C o .
.1 0 0
{ 20
2 9 78 Jan . L a cle d e G a s .............................
7 % Mar.
68
23
91
F eb. L eh igh & W ilk e sb a rre C oal 1 ]..........
M aryland ' o a l ................................. 100 { 27
1 4% Jan.
M ich ig a n -P e n in su la r Car C o .. .1 0 0
28
A p r.
P re fe r r e d .......................................100 5 98
27 M ar. M in n esota I r o n ...............................100 { 64
49 Jan . N a tion a l Lins* ed O il C o .............. 100
31
100
M ar. N a tion a l S tarch M fg. C o ............. 100
N ew C entral C o a l........................... 1 00 5 8
O n ta rio S ilv er M in in g ..................1 00
17
163 M ar. P e n n sy lv a n ia C o a l........................ 5 0 285
1 1 4 Jan . P . L o rilla rd Co. p r e f ......................100
6 0 F eb .
P osta l T e le g ra p h —C ab le H...............
9% Jan . Q u ick silver M in in g ........................100
2^2
P re fe r re d .......................................100
12
156
Feb.
4 2 % A pr. T exa s P a cific L a n d T r u s t..........100 5 1 1 s*
62
179
F eb . U. 8. E x p r e s s ...................................100
112% J an . U. S. R u b b e r p r e fe r r e d ............... 1 00 x 90
147
3 5 Jan
W ells. F a rgo E x p r e s s ................. 100
1 65 % F eb.

'1 4 9
A p r.
.1 1 2
M ar.
5 9 A p r.
7 Jan .
151% A p r.
4 0 I 32%} M ar.
175
173
Jan .
........1 10 % M ar.
3 5 l 31
M ar.
61
10

1893.

'H ig h e s t.

L o w e s t.

(% Indicates actual salesJ
21.

1892.

R a n g e (s a le s ) i n

A sk.

L o w e s t.

H ig h es t.

1 50 % Mar. 150% M ai

25
11

9

F eb.

152*3 .ran.
118k) 1 16 %
86
8%
9 l4
—
99%
93%;
108
106
105
163* 15%
170 1 8 0
31
29
122
1 14 %
60
20%
70
69
26
25
22
98
97
64
34% 3 3 %
19%
8*4
9%
18% 14
300
80
3%,
18
65
152

82
2
12
12
57%
93
140

17

Jan.

160

Jan.

120%
92^
9%
108
9 3%
109
111%
29%
185
31
131
71
26
74%
25
29
1 06 %
100%
69%
41
34%
11%
18
300

F eb.
F eb.
A pr.
Jan.
Jan.
Jan.
Jan,
Jan.
Mar.
Jan ,
F eb.
Jan.
Jan .
F eb .
J an .
A p r.
Jan .
J an .
Jan.
Jan .
Jan .
Jan .
A p r.
M ar.

83%
F eb.
M ar.
3%
M ar. 2 0
Mar.
13%
Jan .
70%
99
M a r.
J an. 1 5 0

F eb .
F eb.
F eb .
F eb.
Jan .
Jan .
A p r.

Mar.
Jan .
A p r.
Feb.
J an.
M ar.
M ar.
Mar.
Feb.
M ar.
Jan.
Jan .
M ar.
M ar.
J^n.
M ar.
A pr.
M ar.
M ar.
A pr,
A p r.
Feb.
Jan .
M ar.

{ A ctu a l sales.

NEW YORK STOCK EXCHANGE PRICES.—STATE BONDS APR IL 21.
S E C U R IT IE S .
A la b a m a —C lass A , 4 t o 5 .........1 906
C lass B , 5 s .................................In 0 6
C lass C, 4 s .................................. 1 906
C u ire n c y fu n d in g 4 s ............. 1920
A rk a n sas—6s, fu n d . H oi. 1 89 9 -1 90 0
d'). N 'v n -H olford
7s, A rk a n sas C en tra l R R .............
L ou isia n a —7 s , c o n s ................... 1 91 4
S tam ped 4 s .........................................
M isso u ri —F u n d ................1 8 9 4 -1 8 9 5

B id .

A sk.

102
105
95

104
107

99
3
8
160
190
3
8
108
94k, 97
1 01 %

BANKS.

(00s omitted.)

101
30
10
15
2
C hatham E E ...............
5
3
S p ecia l t a x , C lass I . .
5
102
97
C on solid a ted 4 s .......... ......... 1910
6 8 ..................................... ......... 1919 122% 127
R hode Isla n d — 6s, c o u . 1 89 3 -1 89 4 100
23
S outh C arolin a —6s, n o n -fu n d .1888
2%

We omit two ciphers (00) in all cases.

Capital Surplus Loans.

B ank o f N ew Y o rk . 2 ,0 0 0 ,0
Manhattan C o.......... 2,060,0
M erchants’ ............... 2 ,0 0 0 ,0
M echanics’ ............... 2,u00 0
A m erica..................... 3.000.
P hen ix....................... 1 .0 0 0 .
1 ,0 0 0 ,0
C ity........................
760.0
Tradesm en’s........
300.0
Chem ical...............
600.0
Merchants’ E x ch ’ge
Gallatin N ational... 1 ,0 0 0 ,0
300.0
B utchers’& D rov’ rs’
400.0
M echanics’ <fc Trad’ s
20* ,0
G reen w ich ................
600.0
Leather Manufac’ rs
300.0
S eventh N ational...
State o f N ew Y o rk . 1 ,2 0 0 ,0
A m erican E x ch ’ge.. 5.000.
C om m erce................. 5.000.
B roadw ay.................. 1 .0 0 0 .
M ercantile................ 1 ,0 0 0 ,0
422,7
P acific.......................
R epublic.................... 1.500.0
450.0
C hatham ...................
2 0 0 .0
People’ s.....................
700.0
N orth A m erica ........
1 ,0 0 0 ,0
H anover...................
500.0
Irv in g .......................
600,u
Citizens’ ....................
500.0
N assan......................
750.0
Market & F u lto n ...
500.0
St. N icholas.............
500.0
S hoe & L eath er.......
-C om E xch an ge....... 1 ,0 0 0 ,0
Continental.............. | 1 ,0 0 0 ,0
300.0
Oriental.....................
Im porters’ & Trad’s 1.500.0
P ark........................... 2 ,0 0 0 ,0
250.0
E ast R iv e r...............
3.200.0
Fourth N ational—
2 ,0 0 0 ,0
C entral National—
300.0
S econd N ational---750.0
N inth N ational.......
500.0
First N ational.......
T hird N ational........ 1 ,0 0 0 ,0
300.0
N .Y .N a t Exchange
250.0
B ow ery......................
2 0 0 .0
N ew York C ou n ty..
750.0
German-Am erican..
Chase N ational........
500.0
1 0 0 .0
F i t .h A ven u e...........
German E xch an ge..
2 0 0 ,0
200, _
Germ ania..................
500.0
U oited States..........
L n c o l n .....................
300.0
200.0
G vrfield......................
2 0 0 ,0
F fth N a tio n a l.......
JBauk o f th^ Metrop
300,"
W est S ice.*.......
200,
60C,
Seaboard
200,.
S ix lh N ational..
_____________tlOM»
2 .1 0 0 .0
Firs t Nat., B r"H yn.
300,"
S< u* ern National.. 1,000,

$

2.033.1
1.796.2
996.6
2, <51,6
0
2.202.5
0
458.3
2.754.5
204.6
7,119,8
172.8
1 .6 0 5 .0

309.4
434.3
171.3
560.1
115.8
530.2
0
2.312.6
0
3.550.6
1.575.2
0
1.087.7
463.7
913.6
919.7
331.9
617.6
1.837.0
333.6
463.2
282,1
808.3
145.8
264.i1.232.2
257.8
422.9
5.721.3
3 .0 4 5 .7

143.0
1.918.4
572.2
5i)7,0
217.7
7.194.7
108.9
164.2
525.2
556.4
293.8
1,153,3
957.3
624.0
663.6
537.0
423.7
462.6
306.6
764.5
278.5
216.1
339,2
267.5
825,0
160.5

11.330.0
12.373.0
7.139.0
7.978.0
14.853.2
4.147.0
11,719,)
2.669.0
23,005,7
3.671.3
5.275.5
1,876,<
2.670.0
1.244.2
3.534.8
1.693.5
3.407.4
18.213.0
17.048.3
5.501.6
8.017.2
2.875.1
10,244,5
5.987.1
2.106.4
5.507.0
14.189.0
2.878.0
2.940.9
2.021.0
4.030.0
2.353.2
2.977.0
7.281.0
4.078.2
2.063.1
21,393, <
24.227.0
1.197.0
17.286.4
7.950.0
5.069.0
3.424.1
21,890,'4.940.4
1.575.7
3.090.0
3.038.9
2.741.1
11.617.0
6.070.4
2.970.1
2.844.6
7.079.6
5.479.2
4.536.2
2.010.9
4,948,1
2.489.0
4.619.0
1.775.0
9.777.3
4.791.0
2.824.1

S E C U R IT IE S .

A sk

......... 1893
...J & J
..........1900
1 892 1 898

New York City Bank Statement for the week ending April
15, 1893, is as follows.

B id .

S E C U R IT IE S .

Specie. Legals. Deposits.
1.920.0
1.333.0
826,6
747.0
1,359,3
546.0
6.168.7
278.8
4.163.0
443.5
742.5
262.8
199.0
194.1
407.1
249,9
46,1
867.0
1.044.5
934.2
934.3
2 2 2 .0

1.483.9
831.8
155.8
558.5
4.037.9
328.3
296.8
263.6
454.0
179.3
430.0
978.3
904.7
183,5
4,289,u
5.881.5
141.4
4.044.7
1.083.0
903.0
440.3
2.862.0
1 .1 1 0 .6
8 8 ,6

543.0
836.4
307.0
3.453.9
1.206.7
2 0 1 .0

296.0
1.297.7
830.7
1.004.7
302.9
815/1
441.0
687.0
225.0
1.971.9
1,029,0
2 2 0 .1

T<>t»l................. 60,422,7 70,183,3 431,453,8 71,480,0

1.150.0
2.068.0
1.665.1
1,080,0
3.791.1
437.0
1.788.0
341.4
2.218.1
568.4
732.2
167.6
390.0
150.1
340.8
266.7
437.3
2.133.0
1,986.7
296.7
1,150,4
562.5
1,274,6
597.0
444.3
546.9
1.196.0
490.4
174.3
393.9
507.7
320, v
429.0
466.0
291.1
343.7
2.830.0
2.047.3
150.4
1.054.3
1,*421,0
640.0
429.7
1.710.4
434.2
267.1
225.0
103.4
250, &
683.1
603.0
547.8
445.4
574.1
547.7
420.9
302.8
645,
244,
703,
141,
467,
214,
466.

10.460.0
1 3 .0 1 1 .0
7 ,5 2 2 ,7
6 .3 3 1 .0

16.064.4
3.687.0
16,4)8,0
2 .7 7 8 .6
2 2 .0 4 5 .0
4 .0 9 5 .4
4 .6 4 1 .5

1.909.7
2 .7 5 5 .0
1 ,2 3 6 ,3
3 .0 6 1 .7

1.950.2

2 .4 6 9 .3
1 4 .3 5 0 .0
1 0 .7 2 0 .2
4 .6 8 2 .1

8.127.4
3 .3 6 8 .9

1 1 ,086,8
6.010.6
2 .7 8 2 .0

5.091.0
1 5 .9 8 1 .3
2 .8 8 8 .0
2 .9 1 2 .0
3 .2 2 2 .9

4.135.4
2 .4 6 1 .4
3 .4 8 7 .0

6.561.4
4.609.3
3 .9 7 0 .0
2 2 .6 7 5 .0
2 8 .0 2 2 .0
1 .0 5 1 .0
1 7 ,3 9 8 ,0

8.820.0
5 .9 8 8 .0
3 .6 1 2 .1
1 8 .9 7 3 .5
5 .3 3 4 .7
1 .5 0 5 .4
3 .2 2 9 .0
3 .5 8 7 .5

B id .

S.C. (co n t.)—B ro w n c o n so l.6 8 .1 8 9 3
T en n essee 6s, o l d ..........1 89 2-1898
C om p rom ise, 3 -4 -5 -6 s............ 1912
N ew s e ttle m e n t, 6 s ................1 913
5 s ................................................... 1913
3 s ................................................... 1913
V irg in ia —68, o l d ................................
6s, co n so lid a te d b o n d s ...................
6 s, co n so lid a te d , 2d series, re c ts .
6s, d e fe rre d t’ s t r e c ’ts, s ta m p e d .

A sk.

97%
62
72
103
107
75%

10L
100

5%

6%

New York City, Boston and Philadelphia Banks:
Ba n k s .
N. Y o r k .*
Mar. 18 ...
“ 25___
Apl. 1 . . .
8 ... .
“ 15___
B o sto n .

Apl. 1 ....
“
8 ... .
“ 15 ..
P l i il a .*
Apl. 1 ....
8 ... .
“ 1 5 . ..J

C a p ita l &
S u rp lu s.

L oa n s.

S
129,614.3
130.606.0
130.606.0
130.606.0
130.606.0

$
439.304.0
434,4 68,3
433.524.5
434.204.8
431.453.8

S p ecie.

64.612.9 154.452.5 10.546.6
64,612,0 156.344.3 10.444.2
64.642.9 156.021.4 10.330.2
35.793.7 102.304.0
35.793.7 103.136.0
35.793.7 102.591.0

I L egals. D ep o sits. 1 C irc'V n Clearings.

s
1 $
72.139.5 44,389,8
71,623,7 47,495,6
71,622,9 j48,872,7
7),546,5 47,341,1
71,480,0 49,474,5

5.634.0
5.618.5
5,624,k
5.651.3
5.606.5

$

790,750,5
-38,882,4
582.034.7
742.412.7
682,024,9

4,014,4 130.444.0 5.893.4 90.678.1
3,947,2 140.515.0 5.810.6 110.997.8
4,700,0 141,542,5 5.867.1 105,170,4
102.054.0 3.601.0
103.551.0 3,t 00,"
105,9u7,0 3.596.0

27.753.0
28.383.0
30.410.0

* W e o m it t w o cip h ers i n a ll these fig u res.
delpbia, the item “ due to other banks.”

S
441,961,1
4X9,564,1
4 39, >3o,l
4X8,698,6
439,527,8

54.372,6
78,375,0

79.676.2

t Including, fo r Boston and Phila

Miscellaneous and Unlisted Bonds.—Stock Ex. prices.
M i s c e lla n e o u s B o n d s .

Ch, Juu.& S. Y d s .—Col.t.g ,5s
Colorado Fuel—Gen. 6s..........
Col. & H ock. Coal & I .- 6 s , g
Consol’n Coal—Convert. 6 s ...
Cons.uas Co .Chic.—1st gu.5s
L env. C. W at.W ks.—Gen.g.5s
Det. Gas con. 1st 5 s .................
East R iver Gas 1e r. g. 5s.........
Edison E lec. 111. C o.—1st os .
E quitable G. & F.—1st 6s---Henderson B rid ge—1st g. 6s.
H oboken Land & Im p.—g. 5s
Mich.-Penin. Car 1st 5s, g ---Mutual U nion T eleg.—6s. g ..
National S» arch M fg.—Ist6 s.
Northwestern Telegraph—7s.
Peoria W ater Co.—6s, g .........

M i s c e l la n e o u s B o n d s .

P eople’ s Gas & C. 1 1st g . 6s.
Co., C h ica go— J 2d g. 6s.
Pleas. V alley C o a l-1 s t g. 6s.
105 b. P rocter &, Gam ble—1st g. 6s
*89 %a. Sunday C r-ek Coal 1st g 6s..
W estern Union T e l e g .- 7 s ..
8 5 * b . W h eel.L E & P .C oa l- ls t g .5 s
U nliN ie*! B o n d s .
9l% b.
120%a. Ala. & V ick s.—Consol. 5s, g .
V icks. & M erid .lst 6 s .........
99 b.
A tla n ta & Chari.—1st 7s___
Com stock Tunnel—Inc. 4 s ..
100 a. Georgia Pacific—1st 0s g —
*115%a.
2d m ort. in co m e ...................
Consol. 5s, g .........................
103 a.
Incom e 5s............................. 103 b Mem.ife Charleston—Con. 7 g

Note .—“ b” indicates price b i d ; “ a ” price asked .

103 %b.
98 %b,
107 a.
104 b.
*110

b.

80 a.

100
12

b.
b

xlOO a .
51

a.

* Latest price this w e e k ♦

Bank Stock List.—Latest prices of bank stocks this week
B A N K S.

Bid.

Ask.

B A N K S.

Bid.

300
400
122
350
330
160
2.503.2
335
1 3 .7 2 5 .3
153
420
6 .0 9 1 .9
600
4700
3 .3 6 1 .8
160
3 .3 6 1 .0
Leather M fs’ 235
162
8 .1 3 4 .2
430
6 .1 1 5 .4
M anhattan.. 195
195
5 .5 3 5 .8
M arket& Ful
130
2 .2 8 5 .0
M eliacuics’ .. 190
Corn E x ch .. 272 278
5 .9 0 8 .9
175
125
2 .6 8 7 .0
M erca n tile..
150 100
5 .3 2 6 .0
145
Merchants’
..
11th W ard...
1 .5 2 0 .0 F ifth A v e — 2000 .......
M erch’ts E x. 132
9 .7 9 0 .4
F ifth ............. 215 ......... M etrop olis.. 450
4.936.0
325
2500
2.560.2 First N., S. I . 112
M urray H ill 350
170
175
14th
Street..
40,474,5 439,527,8 Fourth........ 200 206 N ew Y o r k ...
A m e rica .......
Am. E x c h ...
B ow ery........ 315
B roa d w a y...
182
135
450
400
Chemical — 4000
400
Citizens’ ....... 155
Colum bia— 275

217
158
330
262%
190
145

Gallatin........
Garfield........
German Am .
German E x..
G erm ania....
Greenwich ..
H anover.......
H ud. R iver..
Im .& Trad’s’

Ask.

BANKS.

.. ... . N .Y . Co’nty
. . . . M N .Y . Nat. L a
Ninth...............
.....
19th W ard..
—
N. A m erica.
. . . . . . O rien ta l---. . . . . P a cific.........
.. ... . Park.............
People’ 8 ___
P h e n ix ........
Produce Ex.
242
R epublic___
S eaboard. . .
Second.........
236
Seventh —
Shoe«& L e’th
St. Nicholas.
227
S ou th ern . . .
155
Stateof N.Y.
T h ird ..........
475
Tradesm’ n’ s
U n’d States
........ W
estern ...
W est S ide..
235

Bid.
630
130
133
190
165
240
195
128
132
172
176
325
130
155
130
112

Ask

175
247
316
320
135
180

160

115

125*

112
112
210

225

114
230

118
250

THE CHRONICLE,

A pril S3, 1893.]

659

BOSTON, PlIILAOBLeOIA ANII BALTIMORE STOCK SXCHANOES.
p p * st(ia.r e

Active Stocks.

33%
333,
A .f a l l . T . & 8 . F e (Boston). 1 0 0
...
4
A t la u t io & P a c .
“
100 *
B a l t i m o r e & O h io (Balt. ) . 1 0 0
1 st p re fe rre d
“
100
2 d p re fe rre d
“
100
25%
25%
B a lt im o r e T r a c ’n . ( P / ii / J . 2 5
217% 2 1 7 *,
B o s t o n & A l b a n y <Boston), l o o
191%
B ia t o n & L o w e ll
44
100
173
B o s t o n * M a in e
44
100 173
*1 ft
C e n tra l o f M ass.
44
100
P re fe rre d
44
100
94%
95%
O a le . B u r . * Q u i n .
44
100
77*4 7 7 %
C a l c . M i l . & S t . P . (Phil.). 1 0 0
C h ic . & W . M ic h . ( B o s t o n ;. 1 0 0
*4%
C le v e . & C a n to n
44
100
16
16
P r e f e r r e d ....
44
100
9L
91%
F it c h b u r g p re f.
44
100
H a n t . & B r . T o p . (Phila ) . 5 0 * ............... 3 7
52
52
P re fe rre d
44
50
L e h ig h V a lle y
44
50
48*4
48%
M a i n e C e n t r a l (Boston). 1 0 0
1H5
1 3 5 Vj
M e t r o p o lit a n T r a o .f P A iD .lO O
M e x i c a n C e n t ' ! (.Boston
10 *8
10%
30%
32%
N Y . & N. Eng.
*7 5
76%
P r e f e r r e d ....
“
1 6 *
1 6 *
39%
40 %
195
195%
5 4 *
543a
*2 6
27
11%
11%
136
136
8%
8%
37
37
* ............... 2 3 0
*5 *
5%

P re fe rre d

P h ila d e l. A E r i e .
P h ila . & R e a d in g
P h ila d e lp h ia T r a o .
S u m m i t B r a n c h (B
U n io n P a c it ic

» * r l c o » - n o l P er C e u iu m P ric e s.

M onday,
A p r il 17.

S a tu rd a y ,
A p r il 1 5 .

1 1 n d ic a t e s u n lis t e d .

32%
*3%

33
4

Tuesd ay,
A p r il 18 .

33*0

32%
3%

2 5 *
25%
25%
2 1 7 * 218
218
1 9 0 % 1 9 1 *4 *
x l 69
L69
1 6 8 *,
*L8
*18
55
*54*
55
92%
94%
93
7 6 *
7 6 *, 77
40
40
40
4%
6
*4 %
16
16
16
90
91
91
*36
37
”35
*
51%
*51
48%
4 8*4
48%
*
130
134
*1 0
10^
1 0 *
30%
32 *8
32%
76
*75
6 9 *
69%
69
16%
1 6 *
*16%
40
3 9 *
39%
194
195
194
5 4 *
54%
5 4 *
k
*2 6
27
n % U l- % 6
11%
135
*8 *
7%
36%
36%
36%
*
*229
230
5 *
5 *4
5*4

T h u rs d a y ,
A p r il 2 0 .

W ed nesd ay,
A p r il 19.

32 *4
*3%
3%
87
*1 3 2*

25%
218
191
1 6 8 *,

2 5 *
218
190%
167
18
54
92%
76%

56
9 1*8
7 7*4
40
4%
4%
*
16
90
90
37
*J6
52
'5 1
48*,
48%
125
134
10*
*10
3 3 *
3 L%
76
71%
6 »%
70
16*9
16%
41
39%
194
194
54%
54 *
*2 6
27
12
12% „
136
135
7%
8 *
36%
36
230
228%
5 *
5 *

F r id a y ,
A p r il 2 1 .

3 1 *
3 2 *4
31%
32%
3 *
3%
‘ 3 * ...............
*86
90
*8 6
88
87
...............
* 1 3 2 * ............... * 1 3 2
* ............... 1 2 5
2 5 *
2 5 *
2 5 *
* 2 5 * ...............
218*
218
218
217
217
1 9 0 * 190*
191
191
190%
L07% 1 6 6 * 1 6 6 *
161% 167
18
*18
19
18
18
*5 2
54
5 4 *
50
51
91%
93%
92
93
93%
77
75%
76%
76
77
33

4%
16 *4
90
37
52
48%
125

32%
72
70
16*
4 0 *
la 4
54%
27
12%
135
7%
3c%
229
5*4

S a le s
o f th e
W eek,

R a n g e o f s a le s in 1 8 9 3 .
L o w e st.

4 0 ,0 8 9
250
110

* ...............
8
35
3 5 *
35
35%
2 2 8 * 2 2 8 * . * ............... 2 2 8 %
5 *
5 *
5 *
5 *

31
M a r.
3
Feb.
87
A p r.
135
Feb.
122
Ja n .
962
25
Feb.
328 208
Ja n .
7 1 1 8 6 * .Ia n .
3 6 5 , 1 6 l 78 A p r .
70
17*m M a r.
796
46
Ja n .
9 1 * M a r.
1 8 ,5 1 4
1 0 ,1 0 0
7 4 * M a r.
40
A p r.
95
4 * A p r.
1683*
15
A p r.
465
234
86
A p r.
33 * Feb .
78
49
Feb.
2 ,6 2 5
44 *4 F e b .
Ja n .
23 125
746 124
M a r.
4 ,8 8 5
9 *s M a r.
1 5 ,3 8 4
2 l * M a r.
8b0
65
M a r.
127
6*
M a r.
2 .3 7 5
1 4 * Feb
1 3 ,8 0 0
3 6 % Pen.
183 1 8 4 * J a n .
6 ,5 0 8
52>s F e b .
26
A p r.
6 * 2 1 7 1 13lf i M a r.
288 115% J a u .
255
6
Ja u .
1 ,6 4 6
3 4 78 M a r .
5 2 2 2 8 82 A p r .
1 .3 7 5
41* A p r .

1 0 9 *1 0 1 *
98%
96%
97
9 6 *
192
1 9 .1 * 1 9 0
24%
25u
2 4 *
9 *
9 *
*8 *
30J
300
| |2 9 5
*6 7
63%
61% 6 4
45%
4 6 *
46
9 7 *
99
100*
110* 110*
109
21
2 1s.
2 0 *
53 % 53 %
53 %
*
5 7 *
*53
59
9 *
9 *
9%
1 5 *
16
16%
|| L o w

3 1 ,7 3 3 x 9 3
M a r.
750
9 3 78 M a r .
186 A p r.
80s
24 V A p r.
6 ,6 7 2
300
8»4 A p r .
2
9
5
J.m.
291
70
Ja n .
5 8 7a J a n .
1 ,1 9 6
4 3 -% A p r .
250
97*2 A p r .
9 ,3 7 7
93 109
A p r.
462
•5 * J a n .
51
Feb.
173
132
55
M a r.
325
9
Feb
4 ,0 3 6
1 5 * A p r.
e x d iv i d e n d .

* 4 *
1 5 *
89
*3 6
51%
48%
125
131%
1 0 *
3 1 *
68
* . ! _____
16*8
33%
194
5 4 *
*26
lli * s

4 *
4 *
...............
15
1 5 *
16
8 9 *
86
88
3 6 % ‘ ...............
36%
5 1 % * ............... 5 1 %
4 s%
47%
48%
125
*124
...............
133
133
133%
11*
10%
10*
32
30%
31%
68
68
7 0 *s
70
16
16%
*6 *4
39%
3 8 7a 3 9 %
194
194
194
5 4 *
53%
54%
*2 6
2 7 *
27
12*«
11% 1U »16

H ig h e s t .
36% Ja n . 16
4 1* J a n . 1 4
97% Ja n . 27
135
F e b . 13
122
J a n . 18
29Vj Ja u . 24
227
Feb.
6
200
Feb.
6
178
Ja u . 26
22*4 F o b . 1 4
6 2 V, F e b . 1 4
lo 3 % J a n . 21
83% Ja n . 23
4 9 * Feb.
3
6
Feb.
3
1 9 i* F e b .
3
95
Feb.
6
403s J a n . 12
56
Ja n .
9
62
Ja n . 27
130
Feb.
6
1 5 0 * Ja m 28
13
J a n . 16
52
Ja n . 17
102
Ja n . 13
7 0 * J a n . 23
1 8 * Feb.
6
5 0 * Feb.
6
221
Feb.
6
5 5 * J a n . 27
35
Ja n . 16
2 6 * Ja n . 25
142* Feb.
8
9 * A p r. 12
4 2 * J a n . 27
2 3 2 * M a r. 13
7 * Ja u . 24

I f lls c e ll a n e o n s S l o c k s .

10 1 % 102 %
A m . 8 u g ’ r R e t i n . f i 0 B o s t o ? G _____
P r e f e r r e d ...............
44
*9 7 *
97%
189
190
B e l l T e le p h o n e ..
*•
10<
B e s t. & M o n ta n a
“
21
24 *4 2 5 %
B u t t e * B o s t o n ..
44
2\
9
9
315
C a lu m e t & H e e l a
44
21 * 3 1 0

Inactive Stocks.
21.

A t la n t a & C h a r lo t t e
( R a f f .).1 0 0
B o s t o n * P r o v i d e n c e (Boston,). 1 0 0
C a m d e n * A t a n t i c p f . (Phila. ) . 5 0
O a t a w i s e a .................................
“
50
1 s t p r e f e r r e d ...............
“
50
2d p r e f e r r e d .... . . .
“
50
u e n t r a l O h i o ............................
(Balt.). 5 0
O h a r l. C o l. & A u g u s t a
“
100
C o n n e c t ic u t & P a s s . ( B o s t o n ) .1 0 0
C o n n e c t ic u t R i v e r . . .
44
100
D e la w a r e * B o u n d B r .( P 7 u t o .) .l0 0
F l i n t & P e r e M a r q . . . ( B o s t o ? i) .1 0 0
P r e f e i r e d . . . .....................
44
100
H a r . P o r t s . M t . J o y & L . (Phila.). 5 0
K a n . C ’ y F t . 8 . * M e m . (Boston). 1 0 0
P r e f e r r e d ..............................
44
100
K . C it y M e m . & B i r m .
44
100
L i t t l e S c h u y l k i l l ............. (Phila.). 5 0
M a n c h e s te r & L a w . . (B o s to n ). 1 0 0
M a r y l a n d C e n t r a l _____
(Balt.) 5 0
M i n e H i l l & 8 . H a v e n (Phila . ) . 5 0
N e s q u e h o n in g V a l . . . .
“
50
N o r t h e r n N . H .....................(Boston). 1 0 0
N o r t h P e n n s y l v a n i a . (Phila.). 5 0
O r e g o n S h o r t L i n e . . . (Boston). 1 0 0
P e n n s y l v a n i a & N . W . (Phila.) 5 0
R u t l a n d .......................................... (Boston). 1 0 0
P r e f e r r e d ..............................
100
S e a b o a rd & R o a n o k e .
(Balt.) 100
1 s t p r e f e r r e d .....................
“
100
W e s t E n d ...................................... (Boston). 5 0
P r e f e r r e d .............................
44
50
W e s t J e r s e y .............................. (Phila,). 5 0
W e st J e r s e y & A t la n .
“
50
W e s te rn M a r y la n d ..
(Balt.). 5 0
W ilm . C o l. & A u g u s t a
“
100
W l l m i u g t ’ n * W e ld o n
44
100
W i s c o n s i n C e n t r a l . . . (Boston). 1 0 0
P r e f e r r e d .............................
44
100
W o r c ’ s t .N a s h .& R o c h .
44
100
M ISCELLAN EO US.
A l l o u e z M i n i n g ............... (Boston). 2 5
A t l a n t i c M i n i n g ...............
“
25
C it y P a s s e n g e r R R . . .
(Balt.). 2 5
B a y S t a t e G a s ..................... (Boston). 5 0
B o s t o n LT a n d
“
10
C e n t e n n ia l M in in g ...
“
10
F o r t W a y n e E le c t r ic !!
44
25
F r a n k l i n M i n i n g ............
44
25
F r e n c h m ’n ’s B a y L ’ n d
44
5
H u r o n M i n i n g .....................
“
25
I l l i n o i s S t e e l .....................
44
100
K e a r s a r g e M i n i n g _____
“
25
M o r r i s C a n a l g u a r . 4 . (Phila.) .100
P re fe rre d g u a r. 1 0 .
100
O B c e o la M i n i n g .................. (Boston). 2 5
P u llm a n P a la c e C a r ..
“
100
Q u i n c y M i n i n g ...................
«
25
T a m a r a c k M i n i n g _____
**
25
T h o m .E u r o p .E .W e l d f i
44
100
U n i t e d Gar i m p t .
(Phil.)
U U n lis t e d .

100% 102%
9 7 *
9 7 *
192
191
2 4 *
25%
9%
9%
310
306

6 4 *
64
64% .
64
63%
46
46
46
x4 6
4 6 *
x
l
0
1 *1
1 0 3 * 105
105% 106
1 1 0 % 1 1<>%
110% 110%
2
2 *
2 2 *
2 2 *
) * ...............
2 2 *
*52%
5 3 *
5 3 *
5 3 *
53*4
57%
' *56
...............
*57
58
10
10
*9%
10 % 10 %
17
17%
16%
17%
17%
n o s a le w a s m ad e.

C o n s o lid a t e d G a s
44
E r i e T e l e p h o n e (Boston)
G e n e ra l E le c t r ic ..
“
P r e f e r r e d ...................
“
L a m s o n S to re 8 e r.
44
L e h i ’ h C o a l A N a v 'Phil.)

Prices of April

1 0 0 * 102
97
97
1 8 9 * 191
2 4 *
2 4 *
9%
315
315

B id .

A sk.

6 4 *
46
0 2 *
2 2 *
5 3 *
57%
10 *
16%

IC O * 1 0 2 *
9 7 *
9 7 *
1 9 1 * 192
25%
28
*8%
9 *4
306
306
64
64%
46
46
IC O * 1 0 2 *
2 1 *
53%
58
9%
1 6 *,

22

53%
5 8 *
9%
16%

Inactive stocks.
W a t e r P o w e r ........................( Boston) . 1 0 0
W e s t i n g . E l e c t r i c ............
44

B id .

A sk.

101%
97
192*
25
9 *
300
70
6 4 *
46
101
109
21
53 %
58 *
9%
15%
e s t is

15 1345a
104 *
212
345a
12
320
7 2 *
65
12j 5 0 *
2 L 11 4 *
2 1 119
2 6 *
543a
6 1 *
1 1 *
18

B o n d s.

§ A n d a c c r u e d in t e r e s t .

1 L a s t p r ic e t h is w e e k .

B id .

6
19
27
16
17
21
18
10
16
16
18
20
2
20
23
4

A sk.

2%
34 %

P a . & N . Y . Cm,., e o n . 5 s . 1 9 3 9 , A & O
35
P e r k io m e n , 1 s t s e r .,5 8 .1 9 1 3 , Q — J
90
P n i l a .& E r i e g e n . M . 5 g .,1 9 2 0 , A & O
A t . T o p . * S OF a 0 0 - y i \ 4 g ? , 1 9 8 9 , J & J § 8 0
8 0 *
G e n . m o r t . , 4 g .................. 1 9 2 0 , A & O
25*
2 d 2 * - 4 s , g ., C la s s A . . 1 9 8 9 , A & O
20
5 1 % P h ila & R e a d , n e w 4 g ., 1 9 5 8 , J & J
f
B u r l. & M o. R iv e r E x e m p t 6 s , J &
1 s t p r e f . in c o m e , 5 g , 1 9 5 8 , F e b 1
56
N o n - e x e m p t 6 s .....................1 9 1 8 , J * J
2 d p r e f . in c o m e , 5 g , 1 9 5 8 , F e b . 1
56
P l a i n 4 s ............................................1 9 1 0 , J * J
3 d p r e f . in c o m e , 5 g , 1 9 5 8 , F e b . 1
54
C h i c . B u r l . & N o r . 1 s t 5 , 1 9 2 6 , A & O $ ............ - 1 0 2 *
2 d , 7 s . . . . ....................................1 8 9 3 , A & O
2 d m o r t . 6 s ...............................1 9 1 8 , J & D t\ 102
C o n s o l , m o r t . 7 s ............... 1 9 1 1 , J & D
D e b e n t u r e 6 s .........................1 8 9 6 , J & D 5 H 0 0
C o n s o l . m o r t . 6 g ............... 1 9 1 L , J & D
C h i c . B u r l . & Q u i n c y 4 s . . 1 9 2 2 , F & A 5 t ............
9 2 *
235*
Im p ro v e m e n t M . 6 g ., 1 8 9 7 , A & 0
I o w a D i v i s i o n 4 s ............ 1 9 1 9 , A & O § i ............. 9 4
C o n . M . , 5 g . ,8 t a m p e d , 1 9 2 2 , M & N
C h i c . & W . M i c h . g e n . 5 s , 1 9 2 1 , J & D fi .
97
P h i l . R e a d . & N . E . 4 s ....................... 1 9 4 2
C o n s o l, o f V e r m o n t , 5 8 .1 9 1 3 , J & J
97
I n c o m e s , s e r i e s a ................................1 9 5 2
8 2 *
C u r r e n t R i v e r , 1 s t , 5 s . .1 9 2 7 , A & O § 7 8
I n c o m e s , s e r i e s B ............................... 1 9 5 2
___ __ 1 0 4 * P h i l . W i l m . & B a l t . , 4 s . 1 9 1 7 , A & O
D e t . L a n s .& N o r ’ n M . 7 s . 1 9 0 7 , J & J
E a s t e r n 1 s t m o r t 6 g .,1 9 0 6 , M & S I § 1 1 9 *
P it t s . O . & S t. L ., 7 s . . . . 1 9 0 0 . F & A
f r e e .E lk . & M . V .,l s t , 6 s . 1 9 3 3 , A & O
P o ’ k e e p s ie B r id g e , 6 g . 1 9 3 6 , F & A
65
U n s t a m p e d 1 s t , 6 s ----- 1 9 3 3 , A & O § 1 2 1
S c h u y l . R .E . 3 i d e , l s t 5 g .1 9 3 5 , J & D
K . C . C . & S p r i u g . , 1 s t , 5 g . , 1 9 2 5 , A & O 4 77
8 t e u b e n .& I n d .,ls t in .,5 s . 1 9 1 4 , J & J
K 0 . F .S . & M . co n . 6 s, 1 928, M & N J t lO l
1 0 3 * U n i t e d N . J . , 6 g .....................1 8 9 4 , A & O
66
! 68
K .C . M e m . & B i r . , 1 s t ,5 s ,1 9 2 7 , M & S § 4 5
W a r r e n & F r a n k ., 1 s t , 7 s , 1 8 9 6 .F & A
5 4 * ............... K .
C . S t . J o . & C . B . , 7 s . . 1 9 §0 U
7 ,1 J8& J
B o n d s .— B a lt im o r e .
L . R o c k & F t . 8 ., 1 s t, 7 s - . 1 9 0 5 , J & J f t 9 5
A t la n t a & C h a r i., 1 s t 7 s , 1 9 0 7 , J t e J
96
I n c o m e 6 s ..................................1 9 0 0 , A & G
.
8 3 * L o u is .,E v .& S t .L ., 1 s t ,6 g . 1 9 2 6 , A & O f l l O
2 m . , 5 — 6 g ...............................1 9 3 6 , A & O
B a l t i m o r e B e l t , 1 s t , 5 s . 1 9 9 >, M & N
t -9
M a r . H . & O u t . , 6 s . . . . 1 9 2 5 , A & O t §1 1 0 5
B a l t i m o r e & O h io 4 g . , 1 9 3 5 , A * G
E x t e n . 6 s ................................... 1 9 2 3 , J & D § 1 0 3 *
P i t t s . & C o u n ., 5 g . . .1 9 2 5 , F & A
M e x ic a n C e n t r a l, 4 g . . . 1 9 1 1 , J & J § 6 2 *
S t a t e n I s la n d , 2 d , 5 g .1 9 2 6 , J & J
93
1 s t c o n s o l .i n c o m e s , 3 g , n o n - e u m . f 1 8
B a l.& O h io S .W .,l s t ,4 * g . 1 9 9 0 , J & J
19
C a p e F . & Y a i l . , S e r . A . , 6 g ’. 1 9 L 6 , J & D
2 d c o n s o l, in c o m e s , 3 s , u o n -c u m . §
9
62
63
N . Y . & N . E n g , , 1 s t , 7 s , 1 9 0 5 , J & J 5118
S e r i e s B . , 6 g ........................L 9 1 6 ,
J& D
8 3 * I 1 s t m o r t . 6 s ............ .............1 9 0 5 , J & J § 1 1 0
S e r i e s C . , 6 g ......... .................1 9 1 6 , J & D
2 d m o r t . 6 s ............................1 9 0 2 , F & A § . 0 0
1 0 0 * C e n t . O h i o , 4 * g ...................1 9 3 0 , M & S
O g d e n . & L . C . , C o u . 6 s . l 9 2 0 , A & O H § t ............ 1 0 7 * C h a r i . C o l . & A u g . I s t 7 s . l 8 9 5 , J & J
...............L 2 ° .
I n c . 6 s .............................................................. 1 9 2 0 1 $ . . . . . ............... G a . C a r . & N o r . 1 s t 5 g . . l 9 2 9 , J & J
i ’0‘5
i i i
; R u t l a n d , 1 s t , 6 s ...................... 1 9 0 2 , M & N § U 1 0
.............I N o r t h . C e n t . 6 s ............................ L 9 U 0 , J & J
6 s ...............................................................1 9 0 4 , J & J
!
2 d , 5 s ............................................ 1 8 9 8 , F & A
f t ............ LOO
12
S e r i e s A , 5 s ................................ 1 9 2 6 , J & J
B o n d s .— P h ila d e lp h ia
45
4 * s .................................................. 1 9 2 5 , A & O
A lle g h e n y V a l . , 7 3 - 1 0 s , 1 8 9 6 , J & J
10734
A t l a n t i c C i t y 1 s t 5 s , g ., 1 9 1 9 , M & N
P ie d m .& C u m ., 1 s t , 5 g . 1 9 1 1 , F & A
1 0 3 si
B e lv id e r e D e l., 1 s t , 6 s . .1 9 0 2 , J & D
112*
P it t s . & C o n n e lls . 1 s t 7 s . 1 3 9 8 , J & J
•6 0
V ir g in ia M id ., 1 s t 6 s . ..1 9 0 6 , M & S
| C a t a w i s s a , M . , 7 s ............... 1 9 0 0 , F & A
115*
8 *
9 * iC le a r ile ld & J e f f ., 1 s t , 6 s . 1 9 2 7 , J & J
2 d S e r i e s , 6 s ............................. 1 9 1 1 M & S
1 1 7 *
90
95
3 d S e r i e s , 6 s ...........................1 9 1 6 , M & S
1C o n n e c t i n g , 6 s ............... 1 9 0 0 - 0 4 , M & S H O * 1 1 2
12%
13
4 t h S e r i e s , 3 - 4 - 5 s ............1 9 2 L , M & S
D e l . & B ’d B r ’ k , 1 s t , 7 s . 1 9 0 5 . F & A
125
4 *
5 t h S e r i e s , 5 s ........................ 1 9 2 6 , M & S
I E a s t o n & A m . l s t M . , 5 s . 1 9 2 0 , M & N . ............ 1 1 0 *
9 * 'E lm ir . & W ilm ., 1 s t, 6 s . 1 9 1 0 , J & J . 1 1 8
8 *
W e st V a . C . & P . 1 st, 6 g . 1 9 1 1 . J& J
12 )
12
12*
W e F t ’ A N .C . C o n s o l. 6 g . 1 9 1 4 , J & J
103%
13
W ilm . C o l. & A u g ., 6 s ..L 9 1 0 , J & D
1 2 *
j 108*
M IS C E L L A N E O U S .
2 d 6 s , g o l d ................................ 1 8 9 7 , J & D
n o *
B a lt im o r e — C it y H a l 1 6 s . 1 9 0 0 , Q — J
G e n e r a l m o rt . 4 * s , g .l9 2 4 ,Q — F 1 1 0 -%
F u n d i n g 6 s ................................ 1 9 0 0 , Q — J
111
L e h ig h V a lle y , 1 s t 6 s . . . 1 8 9 8 , J & D
W e s t M a r y l’d R R . 6 s . . 1 9 0 2 . J & J
7 *
8 *
133
W a t e r 5 s ..................................1 9 1 6 , M & N
75
80
127*
F u n d i n g 5 s .............................1 9 1 6 , M & N
1
1
2
111
E x c h a n g e 3 * s ...................... 1 9 3 0 , J & J
31
32
126% 128
V ir g in ia (S ta te ) 3 s , n e w . 1 9 3 2 , J & J
199
128*
125
C o n s o l. 6 s , c
1 1 9 * 1 2 0 % C h e s a p e a k e G a s , 6 s ............ 1 9 0 0 , J * D
156
C
o n s o l. G a s , 6 s . . . . . . . . . . 1 9 1 0 , J & D
C
o
n
s
o
l
.
5
e
,
r
............
158
113
115
5 s ...............................................................1 9 3 9 , J & J
E
q u i t a b l e G a s . 6 s ..........1 9 1 3 . A & O
”6 4 %
126
.....

".| 5*6'"

Feb.
Ja n .
Ja n .
Ja n .
Ja n .
Ja n .
Ja n .
A p r.
Ja n .
Ja n .
Ja n .
Feb.
Feb.
Ja n .
Ja n .
Ja n .

113
................
9 9 % ................
74
7 4 *
4 5 * ' 45%
32
I 3 2 *
23% ' 2 4 *
1 0 1 * 102
1 2 7 * 128
............ 1 1 2 0
102
;1 0 3
1 0 0 * ...............

99
115
107
107%
102
I ................
1 0 6 * ' ...............

J

1 1 4 % jll5
91
| 95
105% 106
1 0 0 * 100%

ioT*
1 0 7 * 107%
91
93
91
93
91
93

102 %
99
99 %
112% 1 1 3 *
...............
110

I l l

n o
105%
97
107
85

93
107*

112

121
100% io T *
69
70
106
107%
112%
100
10L
109

THE CHRONICLE

660

[V gl. l v x

NEW YOKE STOCK EXCHANGE PRICES (Continued).—A C T IV E BONDS A P R IL 2 1 , A N D FO R T E A R 1 5 9 3 .
I
R

a il r o a d

an d

M

is c e l

. B

o n ds

.

IClot'tig Range (sales) in 1 8 9 3 ,
Inter’st\ Price ------------------- ;----------------Period.'Apr. 2 1
Lowest. \ Highest.

A r n e r . C o t t o n O i l , d e b ., 8 g .1 9 0 0 Q — F
111%
1 1 0 % M a r. 1 1 4 % J a n .
83% Feb.
A t .T o p .& 8 .F .— 1 0 0 - y r .,4 g .l9 8 9 J
&
81%
81% Ja n .
52
57% Ja n .
51% A p r.
2 d 2 % - 4 s , g ., C l. “ A ” . . . .1 9 8 9 A & O
8 e p fc.
57
J an.
53
A p r.
1 0 0 - y e a r i n c o m e , 5 g .............1 9 S 9
* 68^b
71% Ja n .
A t l . <fe F a c . — G u a r , 4 g . . . . l 9 3 7
67% Ja n .
&
11% Ja n .
* 915b
9% A p r.
W . D . i n o . , 6 8 .....................................1 9 1 0 J
1 2 0 % M a r.
117 a 116% Ja n .
B r o o k l’n E le v a t ’ d 1 s t ,6 ,g . 1 9 2 4 A &
&
107% Feb.
106%
105
Ja n .
O & n. S o u t h .— 1 s t g u a r ., 5 a 1 9 0 8 J
1021s
9 9 % M a r. 1 0 3 % J a n .
2 d , 5 s ........................................................... 1 9 1 S M &
70% Ja n .
*60 b
60
A pr
C e n t . G a .— 8 .& W . l s t c o n . 5 8 , ’ 2 9
M a r.
* 11 3 b 1 1 3 % A p r . 1 1 6
C e n t r a l o f N . J . — C o n s .,7 a . 1 8 9 9
12115b 1 2 0 F e b . 1 2 2 F e b .
C o n s o l . , 7 a ...........................................1 9 0 2 M A N
& J 112
G e n e r a l m o rtg a g e , 5 g ..l9 S 7 J
108% Ja n . 112% Feb .
Ja n .
1 0 7 b, 1 0 6 % M a r . 1 1 0
L e h .& W .B ., c o n .,7 s , aa’ d .1 9 0 0 Q — M
A p r.
95
Ja n . 100
d o , m o r t g a g e , 5 a . . . . . . 1 9 1 2 M & N 102 a ,
10334b . 1 0 8 % J a n . 1 0 9 % F e b .
& J
A m . D o c k & I m p . , 5 a _____1 9 2 1 J
A J I O 8I 4
C e n t r a l P a c if ic — G o l d ,6 a ..1 8 9 8 J
108
M a r. 1 09% J a n .
Feb.
A p r. 118
O h e a . & O h io — M o r t . ,6 g . . l 9 1 1 A & O 1 1 5 b . 1 1 5
M
&
N
106
Feb.
1
0
5
%
1
0
2
%
Ja n .
1 s t c o n s o l . , 5 g ..............................1 9 3 9
811-3
85% Feb.
79% Ja n .
G e n . 4 * 2 8 , g ...................................... 1 9 9 2 M & S
8 0 b. 7 8 % J a n .
82% Feb.
K . & A . D i v . ,l s t c o n . , 2 - 4 g .1 9 8 9 J & J
&
80
Feb.
do
2 d c o n ., 4 g ,..1 9 8 S
7 8 7e
77
Ja n
J
&
12015
a
.
1
2
1% A p r.
O h io . B u r l . & Q . — C o n . , 7 a . 1 9 0 3
1 1 7 % M a r.
D e b e n t u r e , 5 a ................................ 1 9 1 3 M A N 1 0 1 i4 b . 1 0 0 % M a r . 1 0 2 % J a n .
102
M a r. 1 0 8 % J a n .
C o n v e r t i b l e 5 a .............................. 1 9 0 3 M A 8 1 0 3 %
91
b. 9 1 % F e b .
9434 J a u .
D e n v e r D i v i s i o n , 4 8 ............. 1 9 2 2 F & A
M
A
N
8
8
%
a
.
88% Ja n .
86 Ja n .
N e b ra s k a E x t e n s io n , 4 a . 1 9 2 7
b. 1 1 3 % J a n .
O h io . & E . 111. — 1 s t , a . f . , 6 s . 1 9 0 7 J A D 1 1 4
116
A p r.
A
A
O
1
1
3
b
.
1
2 3 % M a r.
121
Ja n .
C o n s o l . . 6 g .......... ................................1 9 3 4
I0 2 iia . 1 0 0
103
A p r.
Ja n .
G e n e r a l c o n s o l. 1 s t , 5 s . . 1 9 3 7 M A N
C h ic a g o & E r i e — 1 s t , 4 -5 g .1 9 8 2 M A N 1 0 1 % a . 1 0 0 % A p r . 1 0 3 % F e b .
3815b . 3 6 M a r . 4434 J a n .
I n c o m e , 5 s ......................................... 1 9 8 2 O o t ’ b ’ r
A
8915
C h ic . G a s L . & C .— 1 s t , 5 g . 1 9 3 7
92% Feb .
8 9% A p r.
12815b . 1 2 5 F e b . 1 2 9 A p r .
O h io . M i l . & 8 t . P . — C o n . 7 s . 1 9 0 5
1
12
b. 1 1 3
le t , S o u th w e s t D iv ., 6 s .1 909
A p r. 114% A p r.
*115 b 113
1 s t , 8 o . M i n . D i v . , 6 s _____1 9 1 C
116% Feb.
Ja n .
111
ls t .C h .& P a o .W .D iv ., 5 s . 19 2 1
111% A p r.
108% Ja n .
104 b 102% Ja n .
C h ic . & M o .R i v .D i v ., 5 s . 1 9 2 6
105
A p r.
10715b 1 0 5 J a n . 1 0 7 % A p r .
W is . & M in n . D i v ., 5 g ..l 9 2 1
T e r m i n a l , 5 g ..................................1 9 1 4
103 b 105% Ja n .
108% A p r.
G e n . M ., 4 g ., s e r ie s A . . . 1 9 8 9
95% a.
95
A p r.
90% Ja n .
11314 a , 1 1 2 % J a n . 1 1 5 F e b .
M i l . & N o r . — 1 s t , c o n . , 6 8 .1 9 1 3
C h ic .& N .W .— C o n s o l., 7 s . . 1 9 1 5 Q - F
135
b. 1 3 4
Ja n .
M a r. 13 8
C o u p o n , g o ld , 7 s ......................... 1 9 0 2 J A D 1 2 2 b . 1 2 1 3 4 J a n .
123
M a r.
S i n k i n g f u n d , 6 s ......................... 1 9 2 9 A A
115
Feb.
113
Ja n .
8 i n k i n g f u n d , 5 s ......................... 1 9 2 9 A A
105 % b. 106
Ja n .
A p r. 109
*108 h 106% Ja n .
S i n k i n g f u n d d e b e n .. 5 s . 1 9 3 3 M A
112
Feb.
* 1 0 5 b. 1 0 3 % J a n .
2 5 - y e a r d e b e n t u r e ,o ... 1 9 0 9 M A
1 0 6 % M a r.
*9 3
b
E x t e n s i o n , 4 s .............. . . . . . . 1 9 2 6 F A
98
Ja n .
94
A p r.
C h ic . P e o . & 8 t . L o u is — 5 g . 1 9 2 8 M A
100 a . 9 7 % J a n . 1 0 0 M a r .
O h ic .R .I .& P a c .— 6 a , c o u p .1 9 1 7 J
123%
125
Ja n .
120
Ja n .
E x t e n s io n a n d c o l .,5 s ... 1934 J A
100%
101% Feb .
100
Ja n .
9415a . 9 2 M a r . 9 7 % F e b .
8 0 - y e a r d e b e n t . 5 a ..................1 9 3 1 M A 6
O h io . 8 t . P . M . <fe 0 . — 6 s . . . . 1 9 3 ( J A D 1 2 3
123
M a r.
119% Ja n .
C l e v e l a n d <fe C a n t o n — 5 . . .1 9 1 7 J A J
91
b. 90
92% A p r.
Ja n .
D 130 b.
O . C . C . & I . — C o n s o l., 7 g .1 9 1 4 I A
A J 121 b . 1 2 0
G e n e r a l c o n s o l . , 6 g .............1 9 3 4 J
122% Feb .
Ja n .
C .C .C .& S t .L .— P e o .& E .4 a .l 9 4 0 A A 0
74
a. 7 4 % A p r.
79
Ja n .
I n c o m e , 4 s ...........................................1 9 9 0 A p r i l .
21
26 34 J a n .
20% A p r.
C o l . C o a l & I r o n — 6 g ...............1 9 0 0 F & A * 1 0 4 % b . 1 0 3
1
0
6
J
an.
Feb.
C o l. M id la n d — C o n ., 4 g . . . l 9 4 0 F A A
59 % a
67
Ja n .
5 8 % M a r.
C o l .H .V a l .& T o l .— C o n .,5 g . 1 9 3 1 M A S
94% Ja n .
90%
90
M a r.
G e n e r a l , 6 g ....................................... 1 9 0 4 J A D
96
b
99
A p r.
94% Ja n .
D e n v e r & R i o G . — 1 s t , 7 g . 1 9 0 0 M A IS 1 1 9 b . 1 1 7 % J a n .
119
A p r.
1 s t c o n s o l . , 4 g ...............................1 9 3 6 J A J
88
88% Feb.
84
Ja n .
D e t .B . C it y & A lp e n a — 6 g . 1 9 1 3 J A J
74
65
Ja n .
74
Ja n .
D e t .M a c .& M .— L ’ d g r a n t s .1 9 1 1 A A 0
37
38
Ja n .
40
J an.
D u l . S o . S h . & A t l . — 5 g _____1 9 3 7 J A J 101 b . 9 7
Ja n . 103
A p r.
E . T e n n . V & G .— C o n ., 5 g . 1 9 5 6 M A N
93%
94
A p r.
90% Ja n .
K n o x v i l l e & O h io , 6 g . . . l 9 2 5 J A J 1 0 1 % b . 1 0 0
Ja n . 104% Feb.
E l i z . L e x . & J B ig 8 a n .— 5 g .1 9 0 2 M A S
97
b
96% Ja n . 101
Feb.
F t . W . & D e n v . C it y — 6 g ..l9 2 1 J A D 1 0 0
100% Ja n .
93
Ja n .
G a l .H .& 8 ,A n .- M .& P .D .l s t ,5 g. M A N
6 b. 96 A p r. 97% Feb .
H a n . & 8 t . J o a . — C o n s ., 6 s . 1 9 1 1 M A S 1 1 4 3 4
1 1 3 % M a r. 1 1 7 % F e b .
H o u s .& T e x .C .— G e n . 4 s ,g .l9 2 1 A & O 6 6
70
Ja n .
6 4 % M a r.
I l l i n o i s C e n t r a l — 4 g .................. 1 9 5 2 A A O 1 0 3 % a . 1 0 0 % J a n . 1 0 5
M a r.
I n t . & G t . N o . — 1 s t , 6 g . ( E x . ) 1 9 1 9 M A N 112 b . L 0 9
Ja n . 113
A p r.
2 d 4 % - 5 s ..............................................1 9 0 9 M A S
b7% b. 68
72% Feb.
Ja u .
I o w a C e n t r a l — 1 s t , 5 g .............1 9 3 8 J A D
85
b. 8 5 % A p r.
90
Feb.
K e n t u c k y C e n t r a l — 4 g _____1 9 8 7 J A ,1 8 7
84
Ja n .
87
A p r.
K i n g s C o . E l . — 1 s t , 5 g _____1 9 2 5 J A J * 1 0 3 % a
99% Ja n .
103% Feb .
84 %
Q -F
L a c l e d e G a s — l e t , 5 g ............... 1 9 1 9
83
M a r.
87% Ja n .
L a k e E r i e & W e s t . — 5 g _____1 9 3 7
A J 111
b 108% Ja n . 113
Feb.
L . S h o re — C o n . c p ., 1 s t , 7 s . 1 9 0 0 J A J 1 1 8 b. 1 1 8
119
Ja n .
Ja u .
C o n s o l , c o u p . , 2 d , 7 s .............1 9 0 3 J A D 1 2 1 %
121
M a r. 1 2 2 % J a n .
L o n g I s l d — 1 s t , c o n ., 5 g .,1 9 3 1
Q -J * 115% b 113% F e b . 116% F e b .
G e n e ra l m o rtg a g e , 4 g ..l9 3 8
A D
9 2 % b.
96
Ja n .
94
M a r.
L o a i s . & N a s h . — C o n s ., 7 s . 1 8 9 8 A A O 1 0 9 %
109
A p r. 113
Ja n .
N .O . A M o b . 1 s t , 6 g .............1 9 3 0
A J 123
119
Ja n . 123% A p r.
do.
2 d , 6 g ............... 1 9 3 0
A J lil% a . 108
Feb.
A p r . 110
G e n e r a l , 6 g ....................................... 1 9 3 0 J A D 120 a , 1 1 7
Ja n .
.1 9 % A p r .
U n i f i e d . 4 g ........................................1 9 4 0 J
A J
83
b. 80% Ja n .
83% Feb.
N a s h . F l . A 8 h . — 1 s t g t d .5 g . ’ 3 7 F A A
M a r.
9 9 % M a r. 1 0 1
L o n is .N .A . A C h .— 1 s t ,6 s .1 9 1 0 J
A J 109 b. 1 0 8
M a r. 1 1 1
Ja n .
C o n s o l . , 6 g .......................................1 9 1 6 AA AA O
O 103
103
M a r. 1 0 9
Ja n .
L o u is . S t . L . A T e x a s — 6 g . 1 9 1 7 F A A
91% a.
91
M a r.
98% Ja n .
M etro. E le v a t e d — 1 s t , 6 g . 1 9 0 8 J A J 1 1 7 b . 1 1 6
Ja n .
118% Feb.
2 d , 6 a ........................................................... 1 8 9 9 M A N 1 0 8 b . 1 0 6 % J a n . 1 0 8 % F e b .
M ic h . C e n t . — 1 s t , c o n . , 7 s . . 1 9 0 2 M AA N I 2 1 % b . 1 1 9 % J a n . 1 2 2 % A p r .
C o n s o l . , 5 s ....................................... 1 9 0 2 M A N 1 0 6 % b . 1 0 6 % J a n . 106 % F e b .
M lL L a k e S h . A W . — 1 s t , 6 g . 1 9 2 1 M A N I 2 5 % b . 1 2 3
M a r. 1 2 7 % J a n .
E x t e n . A I m p . , 5 g ............... 1 9 2 9 F A A * 1 0 5 % b . 1 0 4
M a r. 1 0 9 % J a n .
M . K . A T . — 1 s t 4 s , g ............... 1 9 9 0 J A D j 8 2
82% Feb .
79% Ja n .
2 d 4 s , g ..................................................1 9 9 0 F A A l 4 4 78
4 4 % M a r.
50% Ja n .
P a cin o — 1 s t , c o n ., 8 g . 1 9 2 0 M A N 1 1 2 a . 1 1 1 % A p r . 1 1 3
M a r.
2 d , 7 b .......................................................... 1 9 0 6 M A N ! ....................... 1 1 4 78 J a n .
115% A p r.
P a c . o f M o . — 1___________
s t , e x . ,____
4 g
. 1 9 3 8 F A A ' 9 9 a .'
.________________________________________9
8 % A p r . __________________
102
J a n ._

Q-J

Mo.
N

o te

— * b ” in d ic a t e s p r ic e

bid; **a

” p r ic e

asked;

th e R a n g e

R

a il r o a d

an d

M

is c e l

. B

o n ds.

Clos’ng Range (sales) in 1 8 9 3 .
Inter’si P r ce — ---------------------------------- \Period. Apr. 2 1
Lowest.
Highest.

P a c o f M o .— 2 d e x t e n . 5 s . 1 9 3 s J
A J 106% b. 106% Ja n .
M o b il e A O h io — N e w , 6 g . . 1 9 2 7 J A D 1 1 4
b. 1 1 4 % M a r .
G e n e ra l m o rtg a g e , 4 s . . . 1 9 3 8 M A 8 5 8 %
5 7 % M a r.
N a s h . C h . A S t. L . — 1 s t, 7 S .1 9 1 3 J A J 1 2 6 b. 1 2 5
Ja n .
C o n . , 5 g ...............................................1 9 2 8 A A O 1 0 3
Ja u .
b. 1 0 3
N .Y . C e n t r a l— E x t e n d ., 5 b . 1 8 9 3 M A N 1 0 2 % b, 1 0 1
Ja n .
1 s t , c o u p o n , 7 s ..............................1 9 0 3 J
A J_ 1 2 3 % b . 1 2 1 % J a n .
D e b e n .,5 s , c o u p ., 1 8 8 4 ..1 9 0 4 M A S 1 0 6 % b . 1 0 6
M a r.
N . Y . A H a r le m — 7 s , r e g .1 9 0 0 M A N 1 1 8 % b . 1 1 8 % M a r .
R . W . A O g d .— C o n ., 5 s . . 1 9 2 2 A A O l l t % b . 1 1 1 % A p r .
N . Y . C h io . A S t . L — 4 g . . .1 9 3 7 A A O f 9 5 %
9 5 % A p r.
N . Y . E l e v a t e d — 7 s ......................... 1 9 0 6 J A J | 1 1 0 %
110
Feb.
N . Y . L a c k . A W . — 1 s t , 6s . . 1 9 2 1 J
A J |1 2 9
a. 128
M a r.
C o n s t r u c t i o n , 5 s ........................1 9 2 3 F A
M a r.
* 1 1 0 b. 1 1 0
N . Y . L . E . A W . — 1 s t ,c o n .,7 g . 1 9 2 0 M A
132% A p r.
134
L o n g D o c k , 7 a ...............................1 8 9 3 J A
Ja n .
102% b. 101
C o n s o l . , 6 g ...................... . . . . . 1 9 3 5 A A
Ja n .
122% b. 122
2 d c o n s o l . , 6 g ............................... 1 9 6 9 J
93
M a r.
95
N . Y . O . A W .— R e f . 4 s , g . .l 9 9 2 M A 3
84
82
M a r.
C o n s o l . 1 s t , 5 g ............................1 9 3 9 J A D 1 0 8
a. 1 0 6 % J a u .
b. 1 0 5
N .Y .S u s .A W .— 1 s t r e f ., 5 g .1 9 3 7 J A J 1 0 5
Ja n .
M i d l a n d o f N . J . , 6 g _____1 9 1 0 A A O 1 1 8
117
A p r.
N o r f . A S o u t h .— 1 s t , 5 g . . . l 9 4 1 M A N 1 0 0 % b .
N o r f . A W .— 1 0 0 - y e a r , 5 g . 1 9 9 0 J
A J ,* 8 7
a,
83
A p r.
M d . A W a s h . D i v . - l s t , 5 g .1 9 4 1 J
A J i* 8 4 % b .
84% A p r.
N o r t h . P a c . — 1 s t , c o u p . , 6g . 1 9 2 1 J
A J 1 1 7 b. 1 1 5 % F e b .
G e n e r a l, 2 d , c o u p ., 6 g . . l 9 3 3 A A O * 1 1 1 b 1 1 1 % A p r .
1 0 4 % M a r.
G e n e r a l , 3 d , c o u p ., 6 g . . l 9 3 7 J A D 1 0 7
C o n s o l , m o r t . , 5 g ..................... 1 9 8 9 J A D
63
66 % Ja n .
C h ic . A N .P . — 1 s t, 5 g . . . l 9 4 0 A A O 7 4
72% Ja n .
81
A p r.
N o r t h . P a c . A M o n .—6 g . . . 1 9 3 8 M A 8 8 1
N o r t h . P a c . T e r . C 0 .-6 g . . l 9 3 3 J A J - , 1 0 0 % b . 1 0 0
Ja n .
A J |1 1 2 % a . 1 0 9 % J a n .
O h io A M i s s . — C o n s . s . f . , 7 s . 1 8 9 8 J
C o n s o l . , 7 s .......................................... 1 8 9 8 J
A J !1 l l % a , 1 0 9
Ja n .
O h io S o u t h e r n — 1 s t , 6 g . . . l 9 2 1 J A
D *108% a. 107
Ja n .
59
b.
G e n e r a l m o r t . , 4 g .................. 1 9 2 1 M A N
6 0 % M a r.
O m a h a A S t . L o u is — 4 g _ ..1 9 3 7 J
A J 1.....................
60
Feb.
O re g o n I m p . C o . - 1 s t , 6 g .1 9 1 0 J A D ’1 0 3 % b . 1 0 2
Ja n .
C o n s o l . , 5 g ........................................1 9 3 9 A A O
5934
59
A p r.
O r e .R .A N a v .C o .— I s t , 6 g . l 9 0 9 J
A j ! l 0 9 7s b . 1 0 8
Ja n .
C o n s o l . , 5 g .......................................... 1 9 2 5 J A D * 9 2
88
Ja n .
P a . C o .— 4 % g ., o o u p o n .. . .l 9 2 1 J A J H 0 % b . 1 0 6
Ja n .
P e o . D e c . A E v a n s v .—6 g . . l 9 2 0 J
A J 101
a. 101
A p r.
E v a n s v i l l e D i v . , 6 g _____1 9 2 0 M A S 100 a . 1C 5
Feb.
2 d m o r t . , 5 g .....................................1 9 2 6 M A N
65
a.
6 9 % M a r.
P h ila . A R e a d .— G e n ., 4 g .1 9 5 8 J
A J
74
7 2 % M a r.
Feb.
1 s t p r e f . i n c o m e , 5 g .............1 9 5 8
45%
45
M a r.
Feb.
32%
2 d p r e f . i n c o m e , 5 g .............1 9 5 8
3 0 % M a r.
Feb.
2234 M a r.
3 d p r e f . in o o m e , 5 g .............1 9 5 8
24%
A J
P it t s b u r g A W e s t e r n — 4 g „1 9 1 7 J
81
Ja n .
87
A J 108
R ic h . A D a n v .— C o n ., 6 g .,1 9 1 5 J
a. 103
Ja n .
C o n s o l . , 5 g ...........................................1 9 3 6 A A O
77%
67
Ja n .
R ic h .A W .P .T e r .- T r u s t ,6 g .l8 9 7 F A A
75
b.
71
Ja n .
C o n . 1 s t A c o l. t r u s t , 5 g .1 9 1 4 M A S
42%
42
A p r.
R io G . W e s t e r n — 1 s t , 4 g . .l 9 3 9 J
A J
7 4 % M a r.
77%
S t . J o . A G r . I s l a n d —6 g . . 1 9 2 5 M A N
92%
9 2 % A p r.
S t . L . A I r o n M t . 1 s t e x t . 5 a . ’ 9 7 F A A 1 0 1 34 b . 1 0 0 % M a r .
2 d , 7 g .........................................................1 8 9 7 M A N
108
b. 1 0 5 % J a n .
C a ir o A r k . A T e x a s . 7 g . .1 8 9 7 J A D 1 0 3 % b . 1 0 4
Ja n .
G e n . R ’y A la n d g r ., 5 g .. l 9 3 1 A A O
85% b.
84% Ja n .
N 113% b. 111% Ja n .
S t . L . A S a n F r .- 6 g .,C l.B .1 9 0 6 M A
6 g . , C l a s s C .....................................1 9 0 6 M A N 1 1 3 % b . 1 1 1 % J a u .
J *1 0 8 b. 1 0 6 % J a n .
G e n e r a l m o r t . , 6 g .................. 1 9 3 1 J A
67
S t . L . S o . W Te 8t . — 1 s t , 4 s , g . . 1 9 8 9 M A N
03% Ja n .
A J
2 d , 4 s , g . , i n c o m e .......................1 9 8 9 J
26%
24
Ja n .
N 117 % b. 117
S .P .M . A M .— D a k . E x . , 6 g . 1 9 1 0 M A
M a r.
A J 122
b. 1 2 1
1 s t c o n s o l ., 6 g ..............................1 9 3 3
Ja n .
& J * 1 0 2 % b . IC O
do
r e d u c e d to 4 % g . .
Ja u .
A D
M o n t a n a E x t e n s io n , 4 g .1 9 3 7
89%
88
Ja n .
A J
S an A . A A ra n . P .— 1 st, 6g . 1916
70
b. 7 0 % J a n .
A J
1 s t , 6 g ......................................................1 9 2 6
74 %a
66
Ja n .
A A
S e a t t l e L .S . A E . — l s t ,g u . 6 .1 9 3 1
85 a.
85
Ja n .
S e e ’t y C o rp . (N .C o r d . ls t c o n .O s M & N
99
97
Ja n .
S o .C a r .— 1 s t , 6 g . ,e x c o u p .1 9 2 0
106
a. 105% Ja n .
S o . P a c . , A r i z .—6 g . . „ . 1 9 0 9 - 1 0 J A J 1 0 1
a. 97
A p r.
S o . P a c i f i c , C a l .—6 g _____1 9 0 5 - 1 2 A A O 1 1 3 %
113% A p r.
1 s t , c o n s o l ., g o ld , 5 g .„ „ . 1 9 3 8 A A O 9 4
93
A p r.
S o . P a c i f i c , N . M . — 6 g ............... 1 9 1 1 J
& J 103 b. 1 0 4
Ja n .
T e n n . C . I . & R y . — T e n . D . , l s t , 6g A <& O * 8 9
a.
90
Feb.
B i r m . D i v . , 6 g ............................... 1 9 1 7 J
& J
90
a.
8 9 % M a r.
T e x . A P a c .— 1 s t, 5 g .. . . . . . 2 0 0 0 J & D
77
76% Ja n .
2 d , i u c o m e , 5 g ............................... 2 0 0 0 M a r c h . 2 3
2 2 A p r.
T o l . A . A . A N . M . — 6 g .............1 9 2 4 M A N 1 0 3 b . 1 0 3
Ja n .
T o l . A O h io C e n t . — 5 g ................1 9 3 5 J & J 1 0 7 % b . 1 0 5
Ja n .
T o l . P e o . A W e s t . — 4 g ............... 1 9 1 7 J & J
79%
79% A p r.
7 8 % A p r.
78%
T o l . S t . L . A K a n . C .—6 g . . 1 9 1 6 J A D
U n i o n P a c i f i c —6 g ...........................1 8 9 9 J & J 1 0 9 b . 1 0 9
Ja n .
S i n k i n g f u n d . 8s ..............................1 8 9 3 M A
8 101 % b. 101 M a r.
C o l l a t . t r u s t 4 % .............................. 1 9 1 8 M A N * 6 9
65
M a r.
b.
G o l d 6s , c o l . t r u s t n o t e s . 1 8 9 4 F
A A
9 7 % M a r.
98%
K a n . P a c . - D e n , D i v .-6 g . 1 8 9 9 M A N l l l % b . 1 1 0 3 4 J a n .
l s t c o i i s o l .,6 g ........................... 1 9 1 9 M A N 1 0 9 %
10S% Ja n .
O r e g o n S h o r t L i n e —6 g . , 1 9 2 2 F
A A 103
103
A p r.
A p r.
71
b. 71
O r . S . L .A U t ’ h N .— C o n .5 g .1 9 1 9 A A O
U .P .D e n .A G u l f c o n . 5 g .1 9 3 9 J A D
6
8
%
J
an,
71
U n i o n E l e v a t e d —6 g ................1 9 3 7 M A N
116
Ja n .
117
7
7
J
an.
V ir g in ia M id .— G e n . m .,5 s , 1 9 3 6 M A N
85
b.
80% Ja n .
do
sta m p e d g u a r. M A N
85
1
0
2
%
J
an.
W a b a s h — 1 s t , o g ...............................1 9 3 9 M A N 1 0 6 3 8
7 7 % M a r.
2 d m o r t g a g e , 5 g ..................... 1 9 3 9 . F A A
78%
3 L b. 3 2 % A p r.
D e b e n t . M ., s e r ie s B . . . ..1 9 3 9 J
A J
W e s t S h o r e - G u a r . , 4 s ............2 3 6 1 J
& J 101%
99% A p r.
102
Ja n .
W e s t. N . Y . A P a .— 1 s t , 5 g .1 9 3 7 J
A J 103
25
A p r.
25%
2 d m o r t . , 3 g . , 5 s c ........................ 1 9 2 7 A A O
M a r.
W e s t. U n . T e L — C o l. t r . , 5 s . 1 9 3 8 J
& J 103 b. 103
M a r.
89 a. 87
W i s . C e n t . C o . — 1 s t , 5 g ...........1 9 3 7 J & J
25
A p r.
25
I n c o m e , 5 g ........................................ 1 9 3 7 . . . . . . . .

is m a d e u p fro m

a c t u a l s a le s o n ly .

108%
115%
63
130
105
103%
124
108%
119%
115
99%
111%
131
114
139%
102%
125
105
86%
108%
107%
120%

Ja n .
A i r.
Ja n .
Ja n .
Feb.
M a rFeb.
Ja n .
Feb.
Feb.
Feb.
Ja n .
Feb.
Ja n .
Ja n .
A p r.
Feb.
Feb
Feb.
Ja n .
M a r.
M a r.

90
91
118
115
1C 8
74
80%
89%
104
112
110%
1C9
64
68
105
67
112
94%
110
104
105
72
85%
76%
70
62%
87
111
78%
83%
52
78
96
103%
109
104%
90%
114%
114%
111%
67%
28%
119
123%
103
91
76
76
92%
99
106
100%
115
97%
10534
95
95 %
81
29%
108%
109
81
90%
110%
105%
73%
102%
113%
112%
109
80%
75%
117%
86
86
106%
82%
39
103%
105
33

Ja n .
Ja n .
Feb. ‘
Feb.
Feb.
Feb.
Feb. |
Feb.
Feb.
Feb.
M a r. |
Ja n .
Ja n .
Ja n .
Feb.
Feb.
M a r.
Feb.
A p r.
M a r.
Feb.
Feb.
Ja n .
Ja n .
Ja n .
Ja n .
A p r.
Feb.
M a r,
Feb.
Feb.
Feb.
Ja n .
Ja n .
A p r.
M a r.
Ja n .
A p r.
A p r.
A p r.
Feb.
Feb.
Ja n .
M a r.
M a r.
Ja n .
M a r.
M a r.
Ja n .
A p r.
Feb.
Ja n .
Feb,
Ja n .
Feb.
Feb.
Ja n .
Ja n .
Ja n .
Ja n .
A p r.
Ja n .
Ja n .
Ja n .
Feb.
Ja n .
Ja n .
A p r.
A p r.
Ja n .
Ja n .
Ja n .
A p r,
A p r.
A p r.
A p r.
Ja n .
Ja n .
Feb.
Feb.
Ja n .
106 J a n .
92% Ja n .
35
Feb.

* L a t e s t p r ic e t h is w e e k .

NEW YORK STOCK EXCHANGE PRICES—(Continued).-iNACr/FE B O N D S — A P R I L 21.
S E C U R IT IE S .

B id .

A sk.

Railroad Bonds.
( Stock Exchange Prices.)
A la b a m a M id .— 1 s t , g ., g n a r ..l 9 2 8
2 d , 4 s , C l a s s B ......................................1 9 S 9
A . T . & S . F — O o l. M i d . 1 s t , g . , 6 s . 1 9 3 6
A t l a n t ic & D a n v .— 1 s t g ., 6 s . .1 9 1 7
A t l . & P a c .— 2 d W . D ., g u . 6 s ,.1 9 0 7
B a lt . & O h io - J s t , 6 s , P a r k B .1 9 1 9
6 » , g o l d . . . . * : , ......................................... 1 9 2 5

109
1 8 '
116

S E C U R IT IE S .
B . & 0 . — J o n s , m o r t ., g o l d .5 s .1 9 8 8
W . V a . & P i t t s . — 1 s t , g ., 5 s .. 1 9 9 0
B . & O . 8 . W ., 1 s t , g ., 4 % s .- .1 9 9 0
M o n o n . R i v e r , 1 s t g .,g . 5 s . . . 1 9 1 9
C e n t ’ 1 O h io R e o r . — 1 s t , 4 % s . l 9 3 0
A k .« f e C h . J u n e . — 1 s t , g , 5 s , g u . 1 9 3 0
B o a t. H . T u n . & W .— D e b . 5 s . 1 9 1 3
B r o o k ly n E le v a t e d — 2 d , 3 - 5 s . 1 9 1 5
B r u n s w i c k & W ’n — 1 s t , g . 4 s , 1 9 3 8
R u f i . R '< b . & P i t t s . — G e n . , 5 8 .1 9 3 7

q u o t a t io n , m a d e t ill s w e e s .

B id .

A sk.

............... ...............
107% 109%
i ‘0 3 %
105

105
100
94%

*98%

io o

S E C U R IT IE S .

B id .

A uk,

11
B .
R .& P .— R o c h . A P ., 1 s t , 6 8
. 199 2 1
R o c l i . & P i t t s . — O o n s .l s t , G s .1 9 2 2 1 1 7 %
B u r l C e d . R a p . &N o .— 1 s t , 5 s . 1 9 0 6 1 0 2 % 1 0 3 %
96%
C o n s o l. & c o lla t . t r u s t , o s . . .1 9 3 4
M i n n . & S t . L.—1 s t , 7 s , g u . . l 9 2 7
Io w a C . & W e s t — 1 st, 7 s .. . . 1 9 0 9 1 0 0
C e d . R a p . I . E . & N ., 1 s t , 6 S .1 9 2 0 1 0 0
"9 ™
90
1 s t , 5 a ...........................................................1 9 2 1
C .
O h io — C o l. & C i n . M . l s t , 4 i a s . l 9 3 9
85
C e n t . R R . * B a n k . — C n l. s - .5 a .1 9 3 7

661

THE CHRONICLE

A pril 22, 1823.]

NEW YORK STOCK EXCHANGE PRICES .—INACTIVE BONDS—{ ContinuedJ—APR IL 2 1 .
S E C U R IT IE S .

B id .

Ask.

S E C U R IT IE S .

B id .

E . A T . H . — M t. V e r n o n 1 s t 6 s .1 9 2 3
- C . R . 3c B . — O f c a t . R . A C . , g t d . g , 1 9 3 7
100
S u l . C o . B r . 1 s t , g . , 5 s ..................1 9 3 0
C e n t , o f N . J . — C o n v . d e b . , 6 s . 1 9 0 8 1 2 1 * 3 ..............
95
E v . A R i c h . — I a t g e n .5 s ,g .g u .l9 3 l
• C e n t r a l P a c i f i c — G o l d b d s , 6 a , 1 8 9 5 10(5*4.........
1 0 (5 *4 1 ............... E ^ a u s . A I n d i a n . — 1 s t , c o n s . . 1 9 2 6
G o l d b o m la , 6 a ..................................... 1 8 9 6
*
i
i
7
F
l
i
u
t
A
P
.
M
a
r
q
.
—
M
o
r
t
.
,
6
s
.
.
.
1
9
2
0
1
0
6
*
3
1
0
6
%
G o l d b o n d s , 6 s ..................................... 1 8 9 7
97
1 s t c o n . g o l d , 5 s .....................................1 9 3 9
B a n J o a q u i n B r . , 6 a .......................1 9 0 0 ^ 1 0 9
*
9
4
P
o
r
t
H
u
r
o
n
—
1
s
t
,
5
s
.......................1
9
3
9
M o r t . g o l d 5 s ........................................... 1 9 3 9
------F la . C c d A P e n .— 1 s t g . 5 s . . .. 1 9 1 8
L a n d g r a n t , 5 s , g ................................1 9 0 0 ' * 1 0 2
1
s
t
c
o
n
.
g
,
5
s
...............
1......................
1
9
4
3
C . St O . D i v . , e x t . , g . 5 s ............ 1 9 1 8 ! ------6 5*3
F t W o r t h & R . G . — 1 s t g . , 5 s . .1 9 2 8
W e s t . P a c i f i c — B o n d s , 6 s ----- 1 8 9 9 * 1 0 8 * 3
G a l. H a r . A S a n A n t .— 1 s t , 6 s . 1 9 1 0 * 1 0 7
N o . R a i l w a y ( O a l .) — 1 s t , 6 e . 1 9 0 7
93
G a l . I I . A S . A . — 2 d m o r t . , 7 s . . 1 9 0 5 102
97
5 0 . y e a r 5 s ................................................1 9 3 8
111
M e x . & P a c . D iv ., 2 d 6 s ....1 9 3 1
O k a s . A O . — P u r . M . f u n d , 6 s . 1 8 9 8 109
*9 8 *4
b s , g o l d , s e r i e s A ..................................1 9 0 8 115
1 1 6 *3 G a . C a r . & N o r .— 1 s t , g u . 5 s , g .1 9 2 9
*8 1
G a . S o . & F l a . — 1 s t , g . 6 s ............... 1 9 2 7
C r a ig V a lle y — 1 s t , g ., 5 s — 1 9 4 0
*55
G r a n d R a p . A I n d .— G e m 5 a ..1 9 2 4
W a rm S p r . V a l., 1 s t , g . 5 s .. 1 9 4 1
G . B . W . & S t. P .— 2 d in c . t r . re c ts
O h e 3 . O . A S o . W e s t .— 1 s t 6 s , g .1 9 1 1 1 0 7
70
H o u s a t o n ic — C o n s , g o ld 5 s — 1 9 3 ' * 1 1 5 %
2 d , 6 s .....................................................................1 9 1 1
N . H a v e n A D e r b y , C o n s .5 s ..l9 1 8 * 1 1 0
O b . V . —G e m c o m l s t , g u . g , 5 s . l 9 3 8
H o u s . A T . C .— W a c o & N . 7 s ..1 9 0 3 * 1 1 5
C h ic a g o A A lt o n — S . F . , 6 s — 1 9 0 3 1 1 7 %
1 s t g . , 5 s ( i n t . g t d ) ............................1 9 3 7 *
L o u i s . & M o . R i v e r — 1 s t , 7 8 .1 9 0 0 1 1 5
C o n s . g . 6 s ( i n t . g t d ) ...................... 1 9 1 2 1 0 0
2 d , 7 s .............................................................. 1 9 0 0 1 1 2
8 t . L . J a c k s . A C h ic .— 1s t ,7 s .l8 9 4
1 0 1 *2
D e b e n t . 6 s , p r i n . & i n t . g t d .1 8 9 7
*80
103
P e b o n t . 4 s , p r i n . & i n t . g t d .1 8 9 7
M l s s .R . B r id g e — 1 s t , 8. f . , 6 s .l 9 1 2
108
H lin o is C e n t r a l— 1 s t , g ., 4 s . ..1 9 5 1
C b lc . B u r l. A N » r .— 1 s t, 5 s . . . . 1 9 2 6 1 0 2
9 4*2
1 s t , g o l d , 3 * 2 3 .......................................... 1 9 5 1
D e b e n t u r e O s .............................................1 8 9 6
102
*99
• O k ie . B u r l i n g . A Q . — 5 s , s . f . . l 9 0 1
H )5
S p r m g f . D i v . — C o u p . , 6 s _____ 1 8 9 8
Io w a D i v . — S in k , f u n d , 5 s . . 1 9 1 9 1 0 3
109
*93
M i d d l e D i v . — R e g . , 5 s ............ . 1 9 2 1
S i n k i n g f u n d , 4 s ...............................1 9 1 9
85
C . S t . L . A N . O . — T e n . 1 ., 7 s . 1 8 9 7 1 1 1
P l a i n , 4 s ............................................................1 9 2 1
111
1 0 1 *:
O k ie A I n d ia n a C o a l— 1 s t 5 s . 1 9 3 6
*120
115%
O b i. M il. A S t . P . — 1 s t ,8 s , P . D . 1 8 9 8 1 1 5
121
G o l d , 5 s , c o u p o n .......................... 1 9 5 1
2 d , 7 3 - 1 0 s , P . D ..................................1 8 9 8 1 2 0
...............
1 s t . 7 s , $ g . , R . D ................................. 1 9 0 2
M e m p . D i v . , 1 s t g . 4 s ............1 9 5 1
D u b . & 8. C . — 2 d
1
* *1 0 3
1 s t , I . A M . , 7 s ........................................1 8 9 7 119*4
*9 8
C e d . F a l l s A M in n .
1 s t , I . A D . , 7 s ........................................1 8 9 9 1 1 9 * 4
I n d . D . & S p r .— 1 s t 7 s , e x . c p .1 9 0 6 *1 2 3 *2
1 s t , C . A M . , 7 a ....................................... 1 9 0 3 12534 1 3 0
115
1 2 6 *3
1 s t , I . A D . E x t e n s io n , 7 s . - .1 9 0 8
I n d .D . A W . - l s t 5 s . g .,t r .r e o . .1 9 4 7
104
107
1 s t , L a C . & D a v . , 5 s .....................1 9 1 9
2 d , 5 8 , g o ld , t r u s t r e c e ip t s .. 1 9 4 8
1 s t , H . A D . , 7 s .....................................1 9 1 0 123
I n c . M . b o n d s , t r u s t r e c e ip t s —
105
1 s t , H . A D . , 5 s .....................................1 9 1 0 103
In d . I l l s . & Io w a .— 1 s t, g , 4 s . 1 9 3 9
C h ic a g o A P a c if ic D i v . , 6 s . . 1 9 1 0
1 1 8 * 3 I n t . A G . N ’ n — l s t , 6s , g ..........................1 9 1 9 ‘ 1 3 4
76%
M i n e r a l P o i n t D i v . 5 s .................. 1 9 1 0 * 1 0 3 * 3 1 0 7
K a n a w h a A M ic h .— M o r t . 4 s . 1 9 9 0
*9 1 *2
K in g s C o .- F .E l..ls t ,5 ,g ..g u .A .1 9 2 9
C . & L . S u p . D i v . , 5 s .....................1 9 2 1
1 0 5 *3
1 0 4 t)
F a r g o & B o u t li., 6 s , A s s n . . . 1 9 2 4 * 1 1 0
L a k e E r i e A W e s t .— 2 d g ., 5 s . 1 9 4 1
l u o . c o n v . s i n k , f u n d , 5 s _____1 9 1 6
L . S . A M . S o .— B . A E . — N e w 7 s
107
D a k o t a A G t . S o u t h . , 5 s ----- 1 9 1 6
D e t . M . A T — 1 s t , 7 s .....................1
M il. & N o r . m a in lin e — 6 s . . . 1 9 1 0 1 1 2 *3
L a k e S h o r e — D iv . b o n d s ,7 s . 1
1 1 1 *3
O b lc .A N .W .— 3 0 y e a r d e b . 5 s , 1 9 2 1
I O 5"
K a l . A l l . A G . R . — 1 s t g u . 5 S .1 9 3 8
109
E s c a n a b a A L . S . 1 s t , 6 s _____1 9 0 1
M a h o n ’g C o a l R R .
102
D e s M . & M in n .— 1 s t , 7 s . . . . 1 9 0 7
je liig liV .,N .Y .— 1 s t J,
I o w a M i d l a n d — 1 s t , 8 s ...............1 9 0 0
L e h i g h V . T e r m . — 1 s t g u . 5 s , g . 1 9 4 1 ■ 107*2
f . C a r . A W e s t .—
P e n in s u la — 1 s t , c o n v ., 7 s . . .1 8 9 8
114
113
O h io . A M i l w a u k e e — 1 s t , 7 s . 1 8 9 8
L o n g Is la n d — 1 s t, 7 s
W i n . & S t . P — 2 d , 7 s .....................1 9 0 7
125
98
N . Y . A R ’w a y B .— ls t ,g . 5 s . 1 9 2 7
40
M i l . & M a d — 1 s t , 6 s .....................1 9 0 5
108
2 d m o r t g . , i n e .................................. 1 9 2 7
O tt. C . F . A S t. P .— 1 s t, 5 s . 1 9 0 9 105%
N .Y .A M a m B e a c h .— 1 s t , 7 s , 1 8 9 7
98
N o r t h e r n 111.— 1 s t , 5 s ............... 1 9 1 0
105
N .Y . B . A M .B .— 1 s t c o n . 5 s ,g .l9 3 5
C h .P e o . A S t . L . — C o n .1 s t ,g . 5 s . 1 9 3 9
99
B r o o k l ’ n A M o n t a u k — 1 s t , 6s . 1 9 1 1
...............
O R .l.A P .- D .M .A F . D . 1 s t 4 s. 1905
75
1 st 5s
..
....1 9 1 1
l e t , 2 * 3 R ..................................................... 1 9 0 5
50
L o u i s . E v a n s . A s ’t . L . — C o n . 5 s . 1 9 3 9
82
E x t e n s i o n , 4 s ................................... 1 9 0 5
L o u is . A N a s h .— C e c il. B r . 7 .s .. l 9 0 7 * 1 0 6
K e o k u k A D e s M .— 1 s t , 5 s . . 1 9 2 3
1 1 2 is
E . H . A N a s h . — 1 s t 6s , g . . . . l 9 l 9
1 0 0 *5
C h ic a g o & S t . L o u is — 1 s t , 6 s . . 1 9 1 5 1 0 7
P e n s a c o l a D i v i s i o n , 6s ...............1 9 2 0
C h i c . ttt. P . & M i u u - 1 s t , 6 s . . .1 9 1 8
119
126
B t . L o u i s D i v i s i o n , 1 s t , 6s . . . 1 9 2 1
S t . P a u l A S . C . — 1 s t , 6 s ............ 1 9 1 9
120
2 d , 3 s .............................................................. 1 9 8 0
C h ic . & W . In d — 1 s t, s. f . , 6 s . 1 9 1 9
L e b . B r a n c h E x t e n s i o n . . .1 8 9 3
G e n e r a l m o r t g a g e , 6 s ..................1 9 3 2
1 1 5 *3 1 1 7
N a s h v . A D e c a tu r — 1 s t ,7 s .. 1 9 0 0 n 2
C h i c . & W e s t M i c h . — 5 s , ...............1 9 2 1
S . f . , 6s . — S . A N . A l a .......................1 9 1 0
120
H Jin H a m . & D . — C o n . s . f . , s . 1 9 0 5
1 0 - 4 0 , g o l d , 6s ....................................... 1 9 2 4
2 d , g o l d , 4 * 3 8 ............................................1 9 3 7
5 0 y e a r 5 s , g . , ..........................................1 9 3 7 10*3 “
G in . D . A I r ’n — 1 s t , g u . 5 s , g .1 9 4 1
97*s
P e n s . A A t . - 1 s t , 6s , g o l d . . . 1 9 2 1
1 0 1 *3
C l e v . A k . & C o l . — E q . & 2 d 6 8 .1 9 3 0
C o l l a t . t r u s t , 5 s , g ..........................1 9 3 1
O .C .C . A S t . L . , C a ir o d i v .— 4 s , 1 9 3 9
76
L o u .N .A lb .A C h .— G e n .m .g .5 s .l9 4 0
8 t .L o u .D iv .— I s t c o l.t s ’t 4 s ,g .l9 9 0
*90
93
M a n h a t t a n R y . — C o n s . 4 s ............1 9 9 0
*93
S p r in g . A C o l.D iv .— 1 s t ,g . 4 s . 1 9 4 0
M a n it o .S . W .C o lo n iz a ’ n — 5 s , g .l 9 3 4
W h it e W .V a l.D iv .— 1 s t , g. 4 s . 1 9 4 0
90*
M e m p h i s A C h a r i . — 6s , g o l d . . 1 9 2 4
C in .W a b .A M .D i v .— 1 s t , g .4 s . 1 9 9 1
S2
95
1 s t c o n . T e n n l i e n , 7 s ..................1 9 1 5
110
C in . I . S t . L . A C .— I s t ,g .,4 s .l 9 3 6
93 *3
94
M e x i c a n C e n t . C o n s o L — 4 s , g .1 9 1 1
C o n s o l , 6 s ......................................................1 9 2 0 * 1 0 4
1 s t , e o n s , i n c o m e 3 s , g ...............1 9 3 9
C in .S a n .& C l— C o n .ls t ,g .5 s , 1 9 2 8 1 0 5
M e x i c a n N a t i o n a l — 1 s t , g . , 6s . 1 9 2 7
*9 5
C l.C o l. C in . & I n d .— 1 s t , 7 s ,s .f .l8 9 9
114
2 d , i n c o m e , 6s , “ A ” .........................1 9 1 7
C o n s o l , s i n k , f u n d , 7 s ..................1 9 1 4
2 d , i u c e m e , 6s , “ B ” ...................... 1 9 1 7
C le v e . A M a h . V — G o ld , 5 3 . . . 1 9 3 8 * 1 0 5
M i c h i g a n C e n t r a l — 6s ........................ 1 9 0 9
114
C o lu m b ia A G r e e n .— 1 s t , 6 s . . . 1 9 1 6
C o u p o n , 5 s .....................................................1 9 3 1 * 1 1 2
2 d , 6 s .................................................................... 1 9 2 6
M o r t g a g e 4 s ............................................... 1 9 4 0 T1 0 0
D e i . L a c k . A W . — M o r t . 7 b _____1 9 0 7
132
B a t . C . A S t r g i s . — l s t , 3 s , g . g u . 1 9 39
B y ra . B in g . A N . Y . — 1 s t, 7 s. 190 6
132
M il. L . S .A W .— C o n v . d e b ., 5 s . 1 9 0 7
M o r r i s A E s s e x — 1 s t , 7 s _____1 9 1 4
142*3
M i c h . D i v . , 1 s t , 6s ..............................1 9 2 4 i 2 l * i
B o n d s , 7 s ...................................................1 9 0 0 1 1 2
A s h l a n d D i v i s i o n — 1 s t , 63 . . 1 9 2 5
120
7 a o f 1 8 7 1 ................................................1 9 0 1 ' 1 1 8
In d o m e s .
100
1 s t , c o n . , g u a r . , 7 s ...................... 1 9 1 5 * ............... 1 3 8
M i n n . A S t . L . — 1 s t , g . 7 s ...............1 9 2 7
1094,
D e l. & H u d . C a n .— C o u p o n 7 s ,1 8 9 4
1 0 3 *2 1 0 4
I o w a E x t e n s i o n , 1 s t , 7 s ............1 9 0 9
126
P a . D i v . , c o u p . , 7 s ............................ 1 9 1 7 * 1 2 5
2 d m o r t g . , 7 s .............................................1 8 9 1
103
A lb a n y & S u s q .— l s t ,g u ., 7 s 1 9 0 6
127
S o u t h w e s t E x t . — 1 s t , 7 s ............1 9 1 0
1 s t , c o n s ., g u a r . , 6 s ................. 1 9 0 6
P a c i f i c E x t . — 1 s t , 6s .....................1021
1 0 1 *3
R e n a . A B a r .— 1 s t , c o u p ., 7 s . 1 9 2 1
I m p r . A e q u i p m e n t , 6s .............. 1 9 2 2
115
D e n v e r C i t y C a b le — 1 s t , 6 s . . .1 9 0 8
% M in n . A P a c .— 1 s t m o r t g ., 5 s . 1 9 3 6
D e n v . T r a m w a y — C o n s . 6 s , g .1 9 1 0
M in n .S t .P .A S .S .M — l s t c .g .4 s .l 9 3 3
M c t r o p o l. K y . — 1 s t ,g o , g .C s .1 9 1 1
........ M o . K . A T . — K . C . A P . , 1 s t , 4 s , g . 1 9 9 0 ...............
D e n v . A R . G .— I m p .,g ., 5 s . . . 1 9 2 8
; S5Sj
D a l. A W a c o — 1 s t, 5 s , g u ..,. 1 9 4 0
D u lu tli A Ir o n R a n g e — 1 s t 5 s . 1 9 3 7
% M is s o u r i P a c if ic — T r u s t 5 s . ..1 9 1 7
E . T e n n . V a . & G a . — 1 s t , 7 s . . . 1 9 0 0 107
no
1 s t c o l l . , 5 s , g ..........................................1 9 2 0
D i v i s i o n a l 5 s ............................................. 1 9 3 0 100
S t L . A I . M .- A r k .B r .,ls t ,7 s .l8 9 5
103
1 s t e x t . , g o l d , 5 s ..................................1 9 3 7
53
60
M o b i l e A O h i o — 1 s t e x t . , 6s . . . 1 9 2 7
.............
E q . A l m p . , g . , 5 s ............. ....................1 9 3 8
S t . L . A C a i r o — 4 s , g u a r ............ 1 9 3 1
M o b il e A B i r m . — 1 s t , g . , 5 s . . 1 9 3 7
M o r g a n ’ s L a . A T . — 1 s t , 6s ____ 1 9 2 0
A l a b a m a C e n t r a l — 1 s t 6 s . . . 1 9 1 8 100
1 s t , 7 s ................................................................... 1 9 1 8 1 2 4
E rie
1 s t , e x t e n d e d , 7 s ..................1 8 9 7
N a s h . C h a t . A S L L . — 2 d , 6s . . 1 9 0 1
111%
2 d , e x t e n d e d , 5 s .................................... 1 9 1 9 112%
N e w O r l e a n s - A G u l f — 1 s t , 6s . 1 9 2 6
3 d , e x t e n d e d , 4*38.............................. 1 9 2 3
... ...
N . O . A . N o . E . — P r . L , g . , 6s . . 1 9 1 5
4 t h , e x t e n d e d , 5 s ................................. 1 9 2 0 110
N . Y . C e n t r a l . — D e b . g . 4 s _____1 9 0 5
103
5 t h , e x t e n d e d , 4 s ................................. 1 9 2 8 101 ;}8 i'
N . J . J u n e — G u a r . 1 s t , 4 s . . . 1 9 8 6 r1 0 0
1 s t , c o m , g . , f ’ d , 7 s .........................1 9 2 0
B e e c h C r e e k — 1 s t ,g o ld , 4 s . . 1 9 3 6 1 0 1
R e o r g . , 1 s t l i e n , 6 s ............................ 1 9 0 8
113
O s w . A R o m e — 2 d , 5 s , g .,g u .l 9 1 5
104
B . N . Y . A E . — 1 s t , 7 s ..................1 9 1 6
130
U t i c a A B l . R i v . — 4 s , g ., g u .1 9 2 2 1 0 1
N . Y . L . E . A W . — C o l . t r . , 6 8 .1 9 2 2
N . Y . N . H . A H .— 1 st, re g . 4 s . 1903
■ F u n d e d c o u p , , 5 s ..................................1 9 6 9
87
N . Y . A N o r t h e r n — 1 s t , g ., 5 s . 1 9 2 7
B u f f . A S . W . — M o r t g . 6 s _____1 9 0 8
100
2 d , 4 s ............................................................
1927
75
J e f f e r s o n — 1 s t , g u . g . 5 s _____1 9 0 9
lb 'iia N . Y . S u s q . A W e s t . — 2 d , 4 * 2 3 . 1 9 3 7 * 9 0
C o a l A R R . — 6 s ....................................... 1 9 2 2
G e n . m o r t . , 5 s , g ................................. 1 9 4 0
E u r e k a S p r in g s — 1 s t , g ., 6 s . . . 1 9 3 3
N . Y . T e x . A M e x .— 1 s t ,4 s ,g u .1 9 1 2
E v a n s . A T . H . — 1 s t ,c o n e .,6 s ..1 9 2 1 ii7 * i i¥ o " N o r t h ’ n P a c if ic — D i v i d ’ d s c r ip e x t .
1 s t , g e n e r a l , g . . 5 s ............................ 1 9 4 2
J a m e s R i v e r V a l . — 1 s t , 6s . . . 1 9 3 6

99

*3

99

A sk.

100
119
99
99
66
103

70
321a

107
105
97

119
99 *3
101

29%
82%
78 *3

116
126
1 1 4 *2

L0 2 %
109
93

1 0 2 *3
...............
82

*2

112
66

...............
102%
107
77
9 3 >S
90
115

E

:

124 "
1 2 1 *3
105
120
125

117

75
93
80 *3
1 0 4 *3
..............

0'3

* No orioa Friday; these are toe latest Ouetaaoni made this wee a.

8 1*2
93
99

S E C U R IT IE S .
N o r t h e r n P a c i f i c — (Continued.)
S p o k a n e A P a l . — 1 s t , 6 s ............1 9 3 6
S t . P a u l A N . P . — G e n ., G S ..1 9 2 3
H e l o n a A R e d M ’ 11— 1 s t , g . , 6 s . 1 9 3 7
D u l u t h A M a n it o b a — 1 s t ,g .6 s 1 9 3 6
D u L A M a n D a k . D i v . — l s t O a .1 9 3 7
C c e u r d ’A le n e — 1 s t , 6 s , g o ld . 1 9 1 6
G e n . 1 s t , g . , 6 s ................................... 1 9 3 8
C e n t . W a s h in g to n — 1 s t ,g ., 6 s . 1 9 3 8
N o r f o lk A W e s t .— G e n e r a l , 6 s . 1 9 3 1
N e w R i v e r , 1 s t , 6 s ............................1 9 3 2
I m p . A E x t . , 6 s ....................................... 1 9 3 4
A d j u s t m e n t M . , 7 s ............................1 9 2 4
E q u i p m e n t , 5 s ..........................................1 9 0 8
C l i n c h V a l . 1 s t 5 s ............................. 1 9 5 7
R o a n o k e A S o .— 1 s t , g u . 5 s , g .1 9 2 2
S c io to V a l. A N . E . — ls t ,4 s ,.1 9 9 0
O h io A M is s — 2 d c o n s o l. 7 s . . . 1 9 1 1
S p r i n g . D i v . — 1 s t 7 s ..........................1 9 0 5
G e n e r a l 5 s ......................................................1 9 3 2
O h i o R i v e r R R . — 1 s t , 5 s ..................1 9 3 6
G e n . g . , 5 s ...................................................... 1 9 3 7
O re g o n A C a lif o r .— 1 s t , 5 s , g .1 9 2 7
O r e g . R y A N a v . — C o l . t r . g . .5 s . 1 9 1 9
P a n . S i n k .F ’ d S u b s id y — 6 s , g . 1 9 1 0
P e n n .- r .C .C A S t .L .C n .g .4 h j8 A 1 9 4 0
Do
do
S e r ie s B —
P . C . A S . L . - l s t , c . , 7 s ............................1 9 0 0
P i t t s . F t . W . A C .— 1 s t , 7 s . . . 1 9 1 2
2 d , 7 s ............................................................1 9 1 2
3 d , 7 s ...............................................................1 9 1 2
C l e v . A P . — C o n s ., s . f d . , 7 s . 1 9 0 0
G e n . 4 * a s , g . , “ A ” ...................... 1 9 4 2
C h .S t . L . A P . — 1 s t ,c o n .5 s ,g .. .1 9 3 2
S t . L . V . A T . H . — 1 s t , 6 s ., 7 s . 1 8 9 7
2 d , 7 s ...............................................................1 8 9 8
2 d , g u a r . , 7 s .......................................... 1 8 9 8
G d . R . A L E x t , — 1 s t , 4 * 2 3 , G .g . 1 9 4 1
P e o .A E .- I n d .B .A W .- ls t ,p f .7 s .l9 0 0
O h io t n d . A W . — l s t p r e t ' . 5 s . . l 9 3 8
P e o r i a A P e k . U n i o n — 1 s t , 6 s .1 9 2 1
2 d m o r t g . , 4 * 2 S ........................................1 9 2 1
P it t s . C le v e . A T o l.— 1 s t , 6 s . . . 1 9 2 2
P it t s . A L . E r . — 2 d g. 5 s , “ A ” . 1 92 8
P i t t s . M o . K . A Y . — 1 s t 6 s ............1 9 3 2
P it t s . P a in s v . A F . — 1 s t , 5 s . . .1 9 1 6
P it t s . S h e ll. A L . E . — ls t .g ..5 s . 1 9 4 0
P it t s . A W e s t — M . 5 s , g 1 8 9 1 -1 9 1 1
P i t t s . Y ’g s t ’ n A A . — 1 s t , 5 s ,c o n . 1 9 2 7
P r e s . A A r i z . C e n t .— 1 s t , 6 s , g .1 9 1 6
2 d i n c o m e 6 s ..............................................1 9 1 6
R ic h . A D a u v .— D e b e n tu re 6 s .l9 2
E q u i p . M . s . f . , g . , 5 s .......................1 9 0 9
A t l . A C h a r .— 1 s t, p r e f ., 7 s . . 1 8 9 “
do.
I n c o m e , 6 s ______ 1 9 0 0
W a s li.O .A W .— I s t ,4 s ,g u .c y .,l9 2 4
R i o G r . J u n e . — 1 s t , g u . , g . , 5 3 .1 9 3 8
R i o G r a n d e S o .— 1 s t , g ., 5 s . . . 1 9 4 0
S t . J o s . A G r . I s . — 2 d i n c ............... 1 9 2 5
K a n . C . A O m ah a — 1 st, 5 s .. 1927
S t. L . A . A T .H — 2 d p re f. 7 s .. 18 9 4
2 d m . i n c . 7 s ................................................1 8 9 4
D i v i d e n d b o n d s ................................ . 1 8 9 4
B e l l e v . A S o . 111.— 1 s t , 8 s . . . i 8 9 6
B e l l e v . A C a r . — 1 s t , 6 s ................ 1 9 2 3
C h i . S t . L . A P a d . — 1 s t , g c L g .5 s 1 9 1 7
S t . L o u i s S o .— 1 s t , g d . g . 4 s . 1 9 3 1
do
2 d in c o m e ,5 s .1 9 3 1
C a r . A S h a w t . — 1 s t g . 4 s _____1 9 3 2
S t. L . A S . F — 2 d 6 s ,g ., c l. A . 1 9 0 6
E q u i p . , 7 s ................................................... 1 8 9 5
G e n e r a l 5 s ...................................................... 1 9 3 1
1 s t , t r u s t , g o l d , 5 s ............................... 1 9 8 7
C o n s o l , g u a r . , 4 s ..................................1 9 9 0
K a n . C it y A 8 .— 1 s t , 6 s , g . . . 1 9 1 6
F t . S. A V . B . B g . - 1 s t, 6 s ... 1910
K a n s a s M id la n d — 1 s t , 4 9 , g .1 9 3 7
S t . P a u l A D u l u t h — 1 s t , 5 s _____1 9 3 1
2 d m o r t g a g e 5 s ........................................1 9 1 7
S t . P a u l M in n A M .— 1 s t , 7 s . . 1 9 0 9
2 d m o r t . , 6 s ...................................................1 9 0 9
M i n n e a p . U n i o n — 1 s t , 6 s _____1 9 2 2
M o n t . C e n .— 1 s t , g u a r ., 6 s . . 1 9 3 7
1 s t g u a r . g . 5 s ...........................................1 9 3 7
E a s t . M in n ., 1 s t d iv . 1 s t 5 s . 1 9 0 8
S a n F r a n . A N . P . — 1 s t , g ., 5 S .1 9 1 9
S o u t h C a r o l i n a —2 d , 6 s ...................1 9 3 1
I n c o m e , 6 s ............ .......................................1 9 3 1
S o . P a c . C o a s t— 1 s t , g u a r .,4 s . 1 9 3 7
f e r . R R .A s ’ n o f S t .L .- ls t ,4 * 2 S .1 9 3 9
T e x a s C e n t r a l— 1 s t ,s . f ., 7 s . . . 1 9 0 9
1 s t m o r t g a g e , 7 s ..................................1 9 1 1
T e x a s A N e w O r le a n s — 1 s t ,7 s . 1 9 0 5
S a b i u e D i v i s i o n , 1 s t , 6 s ............ 1 9 1 2
T h i r d A v e n u e ( N .Y ’ ) . — 1 s t 5 s , 1 9 3
T o l . A . A . A G a d — 6 s ...........................1 9 1
T o le d o A . A . A G ’ d T r — g . 6 s . 1 9 2 1
T o l . A . A . A M t . P L — 6 s . 1..............1 9 1 9
T o l . A . A . A N . M . — 5 s , g ............... 1 9 4 0
U ls t e r A D e l .— 1 s t , c o m ,0 .,5 s . 1 9 2 8
U n i o n P a c i f i c — 1 s t , 6 s ........................ 1 8 9 6
1 s t , 6 s ................................................................. 1 8 9 7
1 s t , 6 s ..................................................................1 8 9 8
C o l l a t e r a l T r u s t , 6 s ......................... 1 9 0 8
C o l l a t e r a l T r u s t , 5 s ......................... 1 9 0 7
K a n s a s P a c if ic —1 s t 6 s , g ...l 8 9 5
1 s t , 6 s , g ................................ * ................ 1 8 9 6
C . B r . U . P . — F . c . , 7 s ..................1 8 9 5
A t o ll. C o l. A P a c . — 1 s t , 6 s . . . 1 9 0 5
A t c h . J . C o . A W .— 1 s t , 6 s . . . 1 9 0 5
U . P . L i n . A C o l.— 1 s t , g ., 5 s . 1 9 1 8
O r e g .S . L . A U .N . , c o l .t r s t . ,5 s . 1 9 1 9
U t a h A N o r t h . — 1 s t , 7 s ...............1 9 0 8
G o l d , 5 s ....................................................... 1 9 2 6
U t a h S o u t h e r n — G e m , 7 s . ..1 9 0 9
E x t e r n , 1 s t , 7 s ..................................1 9 0 9
V a l l e y R ’ y C o . o f O .— C o m 6 s . 1 9 2 1
W a b a s h —D e b e n t u r e , S e r . A . . 1 9 3 9
N o . M i s s o u r i — 1 s t , 7 s .................. 1 8 9 5
S t . L .K . C . A N . — R .E .A R R .7 S .1 8 9 5
S t . C h a r le s B r ’ g e — 1 s t ,6 s .. .1 9 0 8
W e st. V a . C . A P it t s — 1 st, 6 s . 191 1
W h e e l.A L .E .— 1 s t. 5 s , g o l d ... 1 9 2 6
E x t e n s i o n A I m p , g . , 5 s ............1 9 3 0

Ask.

B id .

118
1 0 1 *3
98

120

109

88
100

81

80

1 0 1 *3

*77

80102
101%

127
119

*2 130

107
109
103
109
102
112

1 0 3 *3

111
68

97*3
92*3

90

75
*7 4 *'
101
101
64

106*2
100
80
80

1 0 9 *3

84

80
11368
100

*96%
85
65*3
100

107
111
115
116
116
103
104
1 0 2 *2

100*4

106
113

115
9 8 *3

1 1 2 *3
100
101

107*4
108
1 0 8 *«
'9 9
100
103
1 0 5 *3
85
85
81

102
101

105
1 0 3 *3

105
105

io f *
100
97

F o r iV U eella a eoiu <fc U nlisted B o n d s —See 3d page preceding.

THE CHRONICLE,

662

[V ol. LYI,
Lateet Earning. Reported.

it m je s lm je t x i

Week or Mo

AND

G r . N o r . —C o n . ) —
T o t . s y s t e m . M a r c h ______
G .B a y W .< f e 8 t . P . F e b r u a r y .
G r . P .W a l. & B r . J a n u a i y . . .
G u l f & C h i c a g o . M a r c h ............
a r t s v i l l e ............... J a n u a r y . . .
The I nvestors ’ S upplement , a p a m p h let o f 150 p a g es H
H o o s .T u n .& W il. F e b r u a r y .
con ta in s exten ded tables o f the S tocks an d B on d s o f R a il H u m e s t ’ n & S h e n M a r c h ............
H u t c h . & 8 o u t h ’ n M a r c h ............
roa d s, an d oth er C om pa n ies, w ith rem a rks and sta tistics con I l l i n o i s C e n t r a l . M a r c h ............
cern in g the in com e fin an cial sta tu s, e tc ,, o f each C om pa n y, I n d . D e c . & W e s t . M a r c h ............
In .& G t. N o rth ’n 2 d w k A p r .
U n t e r o c . ( M e x .) W k A p r . 1
I t is p u blish ed on the la st S a tu rd a y o f every oth er m onth
I o w a C e n t r a l.. 2 d w k A p r .
v iz ,, J a n u a ry, M a rch , M a y, J u ly, Septem ber and N ovem ber, I r o n R a i l w a y . . M a r c h ...........
a n d is fu rn ish ed w ith ou t ex tra charge to all regu la r sub K a n a w h a & M i c b 1 s t w k A p r
K a n C . 01. & 8 p . 1s t w k A p r
scribers o f the C hronicle .
K . C F .S .& M e m . 1 s t w k A p r
K .
C .M e m 1.tsf ct B
w ikr .A p r
The G eneral Q u ota tion s o f S tocks and B o n d s, occu pyin
K a .C .N e v & F t .S D e c e m b e r .
K a n .O . S u b .B e lt J a n u a r y . . .
s ix p a g es o f the C hronicle , are p u blish ed on the
K : C . W & G u lf . |D e c e m b e r.
o f each m onth,
K a n . C . W y . & N W ■M a r c h ............
K e o k u k & W e st. 2d w k A p r.
L . E r i e A l l . & S o . M a r c h ............
L . E r i e & W e s t .. 2 d w k A p r .
L e h i g h & H u d . . [ M a r c h ............
L e h ig h V a l l e y . .! J a n u a r y ...
Jan. 1 to Latest Date.
Latest Earnings Reported
L o n g I s l a n d ----- 2 d w k A p r .
R o ads.
L o u is .& M o .R iv .lJ a n u a r y ...
Week or Mo 1 8 9 2 - 3 .
1 8 92-3.
189 1 -2 .
1 8 91-2.
L o u is .E v .& S t .L . 2 d w k A " r .
L o u is v .& N a s h v . 2 d w k A p r .
*
*
*
8
L o u is .N . A .& C h . 2 d w k A p r
3 7 3 ,6 0 1
A lle g h e n y V a l. F e b r u a r y .
1 8 3 ,8 3 6
3 7 0 ,5 6 6
1 9 3 ,0 0 8
L o u .S t .L .& T e x . 1 s t w k A p r
6 8 7 ,8 1 2
A tc h .T .< f e S . F e . 1 s t w k A p r
6 4 2 .2 1 1
9 ,2 4 1 .7 7 8
8 .4 4 5 .3 0 3
M a c o n & B i r m . . M a r c h ............
1 5 8 ,5 8 4
S t . L . & S a n F . 1s t w k A p r
1 6 0 ,6 2 2
2 ,2 4 2 ,0 7 7
2 ,0 9 3 ,4 2 1
M a n c h e s & A u g . J a n u a r y ...
C o l. M id la n d . 1 s t w k A p r
4 1 , Ov 9
4 0 ,2 8 7
5 0 * ,0 9 9
5 2 1 .6 9 2
M a u i s i i q u e ..............M a r c h ...............
A g g . t o t a l... 1 st w k A p r
8 8 1 ,6 8 3
8 4 3 , 8 6 2 1 1 ,9 8 9 . 9 5 4 1 1 ,0 6 0 , 4 1 6
M a r. & N o r. G a . D e c e m b e r.
A t la n t a & C h a r .o J a n u a r y .. .
6 4 ,8 6 3
6 4 .8 6 3
6 0 .5 6 0
6 0 .5 6 0
M e m p h is & C h a s . 1 s t w k A p r
A t l a n t a & F i o n a M a r c h ............
6 ,9 1 3
23 522
2 0 ,7 4 4
6 .4 1 4
{M e x ic a n C e n t . 2 d w k A p r .
B . & O . E a s t L i n e s M a r c h ........... 1 , 6 4 1 , 4 5 1 1 , 5 7 7 , 8 0 1
4 ,3 3 8 ,1 6 4
4 ,5 5 8 ,7 1 7
tM e x . N a t io u a l. 2 d w k A p r .
W e s t e r n L i n e s M a r c h ............
5 7 9 ,4 0 7
1 ,5 5 4 ,2 6 4
5 1 8 ,7 9 0
1 ,5 2 9 .8 5 6
{ M e x ic a n R ’ w a y |W k A p r . 1 .
T o t a l _____
M a r c h ............ 2 , 2 2 0 . 8 5 7 2 , 0 9 6 , 5 9 0
5 ,8 9 2 ,4 2 7
6 ,0 8 7 ,5 7 4
M ilw a u k e e & N o 2 d w k A p r .
B a l.& O .S o u t h w . 2 d w k A p r .
7 3 8 ,6 8 6
7 4 7 ,9 8 7
4 6 ,7 9 8
4 3 ,9 7 4
M i n e r a l R a n g e . I M a r c h ............
B a th & H a m ’nds F e b r u a r y .
1 .4 3 9
1 ,5 1 4
3 ,2 6 0
2 ,9 8 5
M in u e a p . & S t . L . j M a r c h ,
B i r . <fc A t l a n t i c
3 ,4 5 2
M a i c h ............
8 ,8 0 9
9 .2 8 9
3 ,2 3 0
M .S t .P .& S .S M . 1 s t w k A p r
B i r . S h . & T e n n R M a r c h ............
2 3 ,0 7 2
65 / 4*
5 6 ,5 2 3
1 8 ,6 0 8
M o .K a n .& T e x .. 2d w k A p r.
B r o o k ly n E l e v .. 2 d w k A p r.
3 - ,6 9 2
5 6 3 ,3 5 0
5 3 4 ,0 0 2
3 6 ,9 8 9
M o .P a c .A *ro u M 2 d w k A p r .
B u f f .R o c h .& P it t 2 d w k A p r .
7 4 ,9 0 6
8 3 ,5 1 4
8 3 0 .5 2 6
6 6 ,6 1 5
M o b il e & B i r m . F e b r u a r y .
B u r .C .R a p . & S . 1 s t w k A p r
7 2 ,0 9 8
7 0 ,0 9 7
1 ,0 4 4 .9 8 3
1 ,1 0 2 ,9 »3
M o b il e A O h i o . . M a r c h ............
F e b ru a ry .
Cam den & A tl
7 0 .7 7 6
3 4 ,2 8 1
7 1 ,0 3 0
3 7 .3 5 4
M o n t . *fe M e x . G i f M a r c h ............
C a n a d ia n P a c it ic 2 d w k A p r .
3 9 7 ,0 0 0
3 9 4 ,0 0 0
5 ,1 3 3 ,9 0 6
5 .4 6 5 ,2 7 0
N a s h C h . & S t . L . M a r c h ............
C a r .C u m .G & C b . J a D u a r j . . .
3 ,7 8 8
2 ,5 3 5
3 .7 8 8
2 ,5 3 5
N e w O r l & S o ’ n . . M a r c h _____
C a r .M id la n d . . . M a r c h —
4 .9 8 7
1 5 .6 9 3
5 .4 7 0
1 5 .0 7 2
N . Y . C . & H . R ----- M a r c h ............
C e n t r a l o f N . J . F e b r u a r y . 1 ,1 0 0 .6 5 5 1 ,1 3 8 ,3 3 4
2 .1 6 J .4 3 7
2 .1 1 2 ,6 3 8
N . Y . L . E & W . M a r c h ............
C e n t r a l P a c if ic . F e b r u a r y .
9 3 2 ,1 6 6 1 , 0 0 5 , 8 7 9
1 ,8 7 6 ,2 2 6
1 ,9 5 2 ,1 9 6
N . Y .P a .* * O h io .. F e b r u a r y
C e n t ra l o f 8 . C .. J a n u a r y ...
9 ,8 3 5
9 .8 3 5
8 .7 8 2
8 ,7 8 2
N . Y .& N .E u g ... D e c e m b e r.
C h a r . C i n . & C k i c . M a r c h ............
1 3 ,0 0 u
1 4 ,2 3 4
3 9 ,5 8 3
4 0 .8 3 9
N .Y .& N o r t h ’ a . . M a r c h
C h a r le s t ’ n & S a v F e b r u a r y .
7 8 ,6 6 8
6 9 ,4 2 7
1 3 5 ,9 *5
1 3 2 .2 9 1
N . Y . O n t. & W .. 2 d w k A p r .
C h a r . S u m . & N o . M a> c h ............
3 7 .0 0 0
5 5 ,5 1 0
4 4 ,9 4 6
1 4 ,8 6 1
N .Y S u s q . & W . . F e b r u a r y
C h e r a w .& D a r l.. F e b r u a r y .
1 3 ,0 3 7
2 1 .'6 1
1 6 .0 2 0
9 ,5 5 8
N o rf. & S o u th ’ n F e b r u a r y .
C h e s .< & O h i o ____ 2 d w k A p r .
2 0 5 , 101
2 ,7 - 5 .2 8 0
2 ,6 1 5 ,0 0 8
1 7 5 ,7 2 7
N o r fo lk & W e s t . 2 d w k A p r .
C h e s . O . & .S . W
2 1 1 ,9 5 0
M a r c h ............
6 1 6 871
1 8 2 ,6 3 8
5 3 5 ,2 5 8
N ’t h e a s t ’n (S .C .)
a u u a r y ...
C h ic . B u r . & N o F e b r u a r y .
1 6 2 ,3 3 6
3 0 9 / 80
1 6 1 ,4 9 6
3 1 1 ,5 7 4
N o r ih ’ n c e n t r a l. F e b r u a r y .
C h i c . B u r . & Q . F e b r u a r y . 2 ,9 8 2 .2 3 6 3 .0 6 8 .3 8 5
6 ,0 7 7 ,1 8 4
6 0 3 4 ,5 2 9
N o rt h e r n P a c if i c 1 s t w k A p r
C h ic .& E a s t . I I I . 2 d w k A p r
7 3 ,6 6 6
1 ,2 1 9 ,0 4 6
1 ,0 8 1 ,1 3 6
7 0 ,5 6 0
W is . C t . L in e s . 1 s t w k A p r
C h i c a g o & E r i e . M a r c h ............
2 8 8 .1 2 6
7 4 9 ,2 7 6
2 5 5 ,3 7 5
7 2 * ,3 7 9
N .P .& W .c e n t . 1 s t w k A p r
C h ic . G t W e s t’n 2 d w k A p r .
7 9 ,7 4 4
7 7 ,3 4 2
1 ,2 - 3 , 9 9 *
1 ,2 8 8 .2 5 0
O h io & M i s s ............ M a r c h .
C h . J . & U . S . Y d s . 1F e b r u a r y .
1 9 9 ,3 3 4
4
3
5
,
6
7
2 2 8 ,^ 6 9
4 9 6 ,4 8 1
O h io R i v e r ............... 1 s t w k A p r
C h i c . M i l . & S t . P 12 d w k A p r .
6 2 2 ,7 8 7
8 ,7 0 7 ,8 D
5 6 0 ,9 4 9
8 .6 2 0 ,8 8 9
O h io S o u t h e r n . . M a r c h .
C h io . & N ’ t h w ’ n . F e b r u a r y . 1 ,9 7 8 ,5 5 0 2 ,2 6 6 ,1 - 3
4 ,2 2 0 .6 8 0
4 ,5 0 2 ,8 8 5
O m aha & S t. L .. F e b ru a ry .
C h ic .P e o .& 8 L .
2d w k A p r.
2 4 ,1 3 6
2 0 ,9 5 3
3 5 4 ,,1 5
3 8 6 ,8 3 8
O re g o n Im p . C o . F e b r u a r y .
C h io .R ’k l . & P ,
M a r c h _____ 1 . 5 5 8 , 6 6 b 1 . 4 0 3 , 3 8 o
4 ,2 7 3 ,5 3 4 .0 1 7 ,3 7 1
P a d . T e n n . A A l a . M a r c h ............
C h ic .S t .P .M .& O
F e b ru a ry .
6 0 0 ,5 3 0
1 ,2 6 7 ,6 2 7
6 3 7 .5 9 8
1 ,2 5 5 ,2 5 8
ie n n . M id l’ d .. M a r c h .
C h ic . & W . M ic h 2 d w k A p r .
4 0 ,2 9 6
5 2 0 .7 8 0
3 8 ,3 8 7
5 0 4 ,8 6 1
P e c o s V a l l e y ----- D e c e m b e r .
C i n . G a . <fc P o r t s . M a r c h ............
5 ,6 3 1
1 4 ,2 6 2
5 ,1 0 8
1 4 ,6 6 i
P e n n s y lv a n ia ... F e b r u a r y .
C in . J a c k & M a c. 2 d w k A p r .
1 3 ,9 5 6
2 0 1 ,8 *6
1 1 ,3 4 5
1 8 4 ,2 7 3
P e o r ia D e c .& E v 2 d w k A p r .
1 st w k A p r
7 0 ,8 5 7
1 ,0 6 8 ,6 1 3
6 9 .0 1 C
1 ,0 9 9 ,5 1 2
P e t e r s b u r g ............ F e b r u a r y .
1st w k A p r
2 9 ,0 4 1
4 9 1 ,1 0 4
2 9 ,8 6 3
4 8 5 ,3 8 0
P o ila . & E r i e . . . F e b r u a r y .
1 st w k A p r
2 5 ,0 9 5
3 9 8 ,b 2 1
1 9 .4 9 6
3 3 9 ,3 7 6
P h i l a .& R e a d ’g F e b r u a r y .
] st w k A p r
8 ,2 6 2
8 ,7 1 4
1 5 - .1 0 1 7 2 ,4 4 9
C o a l A i r . C o .c . F e b r u a r y .
V ic k s . S h . &P 1 st w k A p r
6 ,1 9 5
6 ,4 9 2
1 6 0 ,3 2 1
1 5 1 ,7 4 7
T o t a l b o th C o s. F e b r u a r y
1 st w k A p r
1 3 9 ,4 5 0
2 ,2 6 8 ,3 9 4
1 3 3 ,5 7 5
2 ,2 5 7 ,0 3 8 ’ L e h ig h V a lle y . J a n u a r y . . .
M a r c h _____
1 ,4 7 7
4 ,3 4 4
4 .4 7
1 ,3 5 8
P it t s . M a r. & C h . M a rc h ,
M a r c h ............
2 2 ,3 0 5
1 8 ,7 1 5
5 7 ,5 1 1
5 0 ,0 8 4
P i t t . S b e n . & L . E . vi a r c h .
1 ,1 6 2
M a i e h ............
1 ,2 0 7
3 ,0 5 5
2 ,9 8 6
P it t s b . & W e st
M a rc h ,
3 9 ,1 0 9
1 st w k A p r
1 8 ,7 9 8
2 5 2 ,3 4 1
2 3 5 ,0 2 8
P i t t C l . a T o l vi a r c h .
J a n u a r y ...
5 8 .1 4 0
4 2 ,6 0 2
5 8 ,1 4 0
4 2 ,6 0 2
P it t s . P a , & F . M a rc h .
1si w k A p r
2 6 6 ,3 9 0
3 ,4 3 - ,4 1 9
2 4 - .2 1 9
3 ,6 3 5 ,1 2 5
T o t a l s y s t e m .. 2 d w k A p r .
1 st w k A p r
2 9 ,» 5 7
2 9 ,6 2 4
4 1 4 ,9 4 9
4 6 1 ,0 8 8
P i t t . Y o a u g . A A . M a r c h ............
1 st w k A p r
6 ,6 6 9
6 ,5 2 6
8 3 ,0 6 0
t3 *)7 5
P t . R o v a lA A u g . J a n u a r y ..
J a n u a iy ...
7 ,1 3 7
7 ,1 3 7
3 ,7 * 2
3 ,7 6 2
P t .R o y .& W .C a r . J a n u a r y .. .
M a i c h ............
2 7 6 ,3 2 3
2 3 2 ,7 7 6
8 0 6 ,0 8 7
7 0 2 ,- 4 1
Q u i n c y O & K . C . M a r c h ............
1st w k A p r
1 0 ,8 0 3
1
5
7
,2
7
2
9 ,1 5 5
1 9 i,9 n 6
R i c h . A D a n . s y s . M a r c h ............
M a r c h ............
1 ,8 3 2
1 ,6 1 5
5 ,2 8 2
4 ,7 6 5
R ic h . & P e te rs b . F e b r u a r y .
C o n n . R i v e r _____ F e b r u a r y .
7 9 ,4 8 u
8 4 ,0 7 3
1 6 6 ,7 1 9
1 6 2 ,* 2 4
R io G r . S o u t h ’ n . 2 d w k A p r .
C u rre n t R iv e r . 1 st w k A p r
3 ,1 2 0
4 4 .9 1 9
1 .5 8 8
4 0 ,8 7 5
R io G r . W e 8 t’u .. 2 d w k A p r .
D e n v . <fc R i o G r 2 d w k A p r .
1 5 1 ,5 0 0
2
,
4
2
0
,
0
9
4
1 4 0 ,' 0 0
2 ,3 7 7 .8 3 5
S a g . T u s c o i a A H . M a r c h ............
D e s . M . N o . A W M a r c h ............
3 5 ,9 4 2
9 3 ,6 7 7
3 2 .3 8 0
9 7 ,8 1 6
S ag . V a l. & S t L . F e b r u a r y .
D e t . B a y C . & A l p M a r c h ____
4 7 ,y 0 0
3 4 .0 7 5
1 1 8 ,1 1 5
92 , 0:5 S t . L . A . & T . H . 1 s t w k A p r
D e t .L a n s 'g & N o i d w k A p r .
2 3 ,2 0 9
2 3 ,6 0 7
3 1 9 ,3 7 9
3 3 4 ,4 8 3
S c . L . K e n ’ e t A S o M a i c h _____
D u lu t h S .S .& A t l 2 d w k A p r.
4 0 ,9 3 0
5 2 3 ,1 9 2
3 6 ,4 3 1
5 0 0 ,9 2 4
S t . L .S o u t h w ’m . 2 d w k A p r .
1 6 ,4 7 4
J a n u a r y ...
1 1 ,6 6 2
1 6 .- 4 7 -*
1 1 ,6 6 2
S t . P a u l & D u l ’ t b M a i c h ............
1s t w k A p r
9 7 ,4 0 7
9 7 .6 0 8
1 ,6 1 2 ,5 0 6
1 ,6 9 8 ,2 9 1
8 a n d e r a v . & T e n . M a r c h _____
E l g i n . J o l . & E a s t M a r c h ............
9 7 ,3 2 4
2 * 4 ,0 2
7 3 ,7 4 0
2 0 a ,1 6 4
S . F r a u . A N . P a c . 1s t w k A p r
E v a n s & l n d ’ p in 2 rt w k A p r .
6 .8 0 2
6 ,2 2 b
1 0 " ,7 0 5
9 5 ,1 5 0
S a n A n t. & a . P D e c e m b e r.
,2 d w k A p r .
E v a n s . & R ic h
4 ,3 1 8
4 ,3 2 8
r 8 ,4 7 6
2 9 ,8 2 7
S a v . A m . A M o n . M a r c h ............
E v a n s v . & T . H 2d w k A p r.
2 3 ,7 / 7
2 2 ,9 4 7
3 6 0 ,9 6 6
3 3 9 .3 3 1
S i l v e i t o n .................... M a r c h ............
F i t c h b u r g .................. F e m u a r y
4 8 5 .4 9 9
5 5 7 .3 3 2
1 ,0 6 2 ,4 3 2
1 ,0 8 8 ,5 7 2
S i o u x C i t y & N o . M a r c h ............
F l i n t & P .M a r q . 2 a w k A p r .
6 5 ,4 0 1
5 3 ,1 9 1
8 * 6 ,1 9 4
9 1 1 ,8 3 2
S o u t h B o u n d ----- M a r c h ............
1 0 .8 7 9
F l o r e n c e ...................... J a u u a i y . . .
2 .9 6 4
1 0 ,8 7 a
2 ,9 6 4
S o u t h C a r o l i n a . M a r c h ............
7 9 .0 4 5
F t . W <te R i o G r M a i c l i ............
2 7 ,3 0 1
2 4 , 9 73
6 9 ,.5 7 1
S o u t n & N o r .1 a r . J a n u a r y .. .
1 ,1 3 3
D t ce m h e r.
1 ,2 4 7
1 * 11 4 4
1 4 .4 8 8
S o . P a c i f i c C o .—
G e o r g i a R K ------ F e b r u a r y .
1 3 9 ,5 3 9
145 34o
2 7 2 ,9 7 8
2 6 2 ,0 9 1
G a i.H a r .& S .A F e b r u a r y .
G a . C a r ’ ia
N o J a n u a r y ...
3 9 ,4 1 0
1 2 .1 5 2
3 9 ,4 1 0
1 2 ,1 5 2
L o u is ’a W e s t .. F e b r u a r y .
2 2 8 ,6 6 7
G e o . S o . & F l a . . . M a r c h _____
7 6 ,5 6 5
6 3 .6 a 5
1 8 8 .7 - 5
M o rg a u ’s L & T . F e * r i i a r y .
G e o rg e t’n & W u J a n u a r y . .
4 .1 0 9
3 .4 7 9
3 ,4 7 9
4 ,1 0 9
N . Y . T . <& M e x . F e b r u a r y .
5 2 ,3 8
G r .R a p .& ln d ... 2 1 w k A p r .
5 0 ,7 9 6
6 4 2 ,7 0 7
6 7 3 ,0 0
T e x .& N . O r l.. F e b r u a r y .
C in .R .& F i W . 2d w k A p r.
9 ,7 3 3
1 3 4 ,7 6 i
9 , *3 8
1 3 4 ,7 8 4
A t l a n t ic s y s .d . F e b r u a r y .
O t h e r lin e s .
2d w k A p r.
5 .0 9 6
5 ,1 9 /
5 n , 8 ^8
6 s ,1 9 0
P a c ih o s y s t e m F e b r u a r y .
T o t a l a ll lin e s . 2 d w k A p r .
6 7 ,1 9 7
6 5 ,2 3 *
8 3 4 ,3 6 6
8 7 2 .9 7 6
T o t a l 01 a l l . . F e b r u a r y .
B ra n d T ru n k ..
5 / 2 6 4 ,4 2 2
W 6 A p r . 15
3 8 4 ,3 8 b
3 7 7 ,3 2 2
5 ,3 8 4 ,8 2 9
C o a s t D iv iC a l.) F e b r u a r y .
C h ic . & G r . T r W r A p r . 8
6 3 ,* 3 1
9 2 ,6 .5 9
8 5 ,6 2 6
1 ,0 8 6 ,1 5 5
S o u . D iv . (C a l ) F e b r u a r y .
D e t .G r .H .& M. W k A p r . 8
2 2 ,3 9 4
2 3 ,3 5 1
2 7 2 .6 4 2
3 0 6 ,3 1 4
A r iz o n a D i v . . F e b r u a r y .
G re a t N o rth ’n —
N e w M e x .D iv . F e u i u a r y .
S t . P . M . cyM
M a r c h ............ 1 , 0 7 7 , 6 0 4 1 , 2 8 5 , 9 9 0
2 ,6 9 5 .8 4 1
2 ,9 5 3 ,5 4 4
S p a r . U u . & C o l. J a n u a r v . . .
E a s t , o f M in u M a i c b ............
6 9 , *6o
2 3 7 ,5 8 3
7 1 ,2 8 5
1 9 1 ,2 7 3
S
t
a te n Is l. R . T . F e b r u a r y .
M o n ta n a i w n M a ic h . . . .
1 0 4 .4 6 1
8 7 ,3 5 5
2 3 5 .7 0 0
2 7 0 ,9 6 1

J B a x lr o a r t

% n U llx Q tn c z .

,

—

third

Saturday

RAILROAD EARNINGS.

1 8 9 2 -3 .

| 1 8 91-2.

Jan.

1

to Lateet Date

189 2 -3 .

1 8 9 1 -2 .

$
1
S
*
»
1 ,2 5 1 ,3 3 1 1 ,4 4 4 ,6 3 0
3 ,2 1 9 .1 2 4
3 ,4 1 5 ,7 7 &
3 7 ,5 7 5
7 6 ,3 0 0
1 ,4 1 6
1 ,6 6 3
1 ,4 1 6
1 ,6 6 3
3 ,4 1 5
3 ,0 9 8
1 0 ,8 2 7
9 ,7 6 8
1 .6 1 2
9 74.
1 ,6 1 2
974
2 .5 1 9
2 ,2 7 7
5 ,1 1 6
5 ,1 4 5
1 3 ,1 0 4
1 2 ,0 0 0
3 7 ,6 0 0
4 0 ,2 7 8
5 ,1 6 0
4 .5 2 0
1 6 ,6 2 8
1 3 ,9 9 8
4 ,6 1 6 ,1 3 4
1 ,6 1 7 ,3 4 5 1 ,5 6 6 ,6 6 6
4 ,6 4 1 .6 6 1
3 9 ,6 6 2
1 1 4 ,3 1 2
3 4 ,1 2 5
1 2 7 ,6 9 8
1 ,2 0 5 ,8 6 3
6 3 ,2 6 0
7 5 ,0 6 2
9 8 9 ,0 8 9
4 5 ,7 5 2
3 8 ,1 0 0
5 6 9 ,5 4 9
4 9 0 ,5 9 a
3 2 ,6 8 7 )
5 1 4 ,9 b 8
3 5 ,3 0 2
5 3 2 ,7 5 4
2 ,2 6 0
4 ,0 9 3
7 ,3 0 5
9 ,6 5 8
5 ,4 8 0
5 .9 0 1
8 8 ,2 2 3
8 6 ,8 1 8
5 ,1 2 4
4 ,4 6 3
8 9 ,4 6 8
7 7 ,8 3 8
7 9 ,5 2 1
8 3 ,9 1 1
1 ,3 2 8 ,7 5 2
1 ,3 8 8 ,0 3 8
1 9 ,1 3 2
1 4 ,4 8 6
3 1 0 ,4 7 2
3 3 4 ,8 2 8
6 ,3 9 5
1 0 .4 9 5
4 ,2 2 4
1 5 .7 5 6
4 ,2 2 4
1 5 ,7 5 6
1 5 ,9 0 7
3 0 ,3 7 4
3 0 ,9 8 4
8 7 .1 1 4
8 5 ,9 9 1
6 ,4 4 8
6 ,9 6 3
1 0 9 ,0 2 9
1 1 9 ,1 0 5
7 ,6 7 0
2 2 .7 2 9
1 9 ,8 1 5
7 .3 0 3
5 7 ,7 7 3
6 5 ,0 9 6
1 ,0 2 6 ,9 3 6
9 3 7 .9 6 8
4 2 .4 0 7
1 2 0 ,7 6 5
2 6 ,9 3 9
8 5 ,8 1 8
1 ,2 8 3 .0 1 5 1 .2 9 2 .4 5 4
1 ,2 9 2 ,4 5 4
1 .2 8 3 .0 1 5
7 8 ,6 9 9
7 5 .8 4 8
8 8 0 .3 8
8 7 2 ,8 1 5
3 4 .3 8
3 3 .6 9 3
3 3 ,6 9 3
34378
5 4 5 .3 8 3
2 6 ,1 6 1
3 6 ,3 8 8
3 4 2 ,9 0 7
6 ,3 3 5 ,'4 2
3 8 4 ,7 9 0
3 8 1 ,3 6 0
5 ,8 7 5 ,7 3 7
8 3 5 ,3 4 2
6 4 ,1 6 5
6 L .5 6 6
S 0 4 .9 7 1
1 1 .1 8 3
1 6 1 ,9 2 7
1 6 9 ,3 4 1
1 1 ,2 2 9
1 8 ,6 4 2
1 9 ,0 5
5 ,0 0 0
6 ,7 3 8
1 .0 4 3
1 ,0 4 3
1 ,3 2 3
1 ,3 2 3
1 5 ,9 2 4
1 5 .8 8 2
3 9 ,7 2 0
3 9 ,6 1 9
1 8 ,7 7 2
2 2 ,7 7 7
2 4 .4 7 6
4 0 8 ,5 5 0
4 4 4 ,5 4 3
1 7 4 ,6 6 5
1 4 5 ,9 4 3
2 ,2 4 7 ,1 2 9
2 ,1 3 1 ,2 > ) 2
7 5 ,8 5
1 ,1 3 2 ,8 3 1
8 7 ,6 i 6
1 ,2 9 2 ,7 3 1
7 0 ,0 2 4
6 2 .7 5 3
8 1 7 ,6 ' 0
8 4 6 ,3 1 5
4 4 0 ,5 5 2
3 2 .0 5 4
3 2 ,5 8 1
4 5 7 ,0 9 8
3 2 ,2 3 4
9 ,4 7 3
1 2 ,0 2 8
2 4 ,3 0 5
1 6 3 ,4 7 3
1 4 9 ,7 3 2
4 0 3 ,0 6 3
4 5 2 ,1 9 0
7 0 5 .4 0 2
5 1 ,4 0 2
5 5 ,8 5 3
7 4 7 ,8 1
1 7 6 ,1 2 * *
2 ,2 1 9 ,0 6 3
2 ,4 4 1 .1 7 8
2 * 5 ,2 0 9
4 4 9 ,0 0 0
6 ,2 8 2 ,8 5 6
4 1 6 ,0 * 0 7 , 4 7 4 . 9 7 6
5 1 ,9 8 0
4 4 ,4 1 7
2 4 ,0 2 3
2 1 ,5 9 7
2 8 7 ,2 0 1
86L637
8 7 8 ,7 9 7
2 8 7 ,3 0 6
5 6 ,4 8 8
2 2 1 ,6 5 2
8 4 ,8 L 4
2 5 1 .9 8 8
1 ,2 7 4 ,3 7 b
1 ,2 5 2 ,0 8 3
4 3 8 ,1 1 5
4 1 9 ,4 9 8
9 .9 5 2
3 4 ,3 8 2
9 .8 0 6
3 4 .0 8 '
3 . 9 6 5 . 4 6 4 3 . 5 7 7 . 2 8 4 1 0 ,7 0 6 , 8 6 0 1 0 , 4 0 4 , 5 5 9
6 ,9 3 7 ,6 7 3
6 ,8 9 4 ,8 1 3
2 ,o 9 9 .4 6 9 2 ,4 7 2 ,4 8 0
1 ,0 7 8 ,1 5 5
5 4 4 ,1 5 7
5 3 6 ,0 9 4
1 ,0 6 0 ,7 1 6 ,2 2 9 ,0 3 0
6 ,2 2 0 ,4 9 4
1 1 1 ,1 2 4
1 3 2 ,5 1 0
4 6 ,7 2 0
3 5 ,8 4 5
7 8 4 ,2 3 2
9 5 7 ,6 0 3
7 2 ,4 9 5
6 4 ,5 3 9
2 2 7 ,7 8 3
1 0 4 ,3 9 1
1 1 3 ,8 5 1
2 1 8 .9 8 9
5 8 ,9 1 6
3 5 ,4 8 4
5 4 ,7 0 5
• 2 9 ,0 0 8
2 ,5 8 9 ,0 7 0
2 ,7 3 3 ,2 2 9
2 0 0 ,7 3 )
2 0 5 ,1 8 7
6 2 ,5 4 4
6 2 ,5 * 4
6 1 ,2 3 6
6 1 ,2 3 6
1 ,1 2 5 ,9 5 4
5 7 6 ,0 4 4
1 ,0 5 9 ,1 3 1
5 3 7 ,4 1 3
5 ,3 0 1 ,3 4 8
4 ,5 9 2 ,9 6 0
3 9 8 ,8 4 2
4 3 7 ,3 1 8
1 ,3 6 2 ,2 3 0
1 ,2 3 2 ,8 4 2
1 0 9 , ^8'
9 7 ,8 4 6
6 ,6 6 3 ,5 7 9
5 ,8 2 5 ,8 0 3
5 4 6 ,9 0 5
4 9 6 ,6 8 8
1 ,0 3 1 ,0 8 6
l,0 9 4 .9 o 6
3 7 2 ,6 1 0
3 3 - * ,9 8 y
1 5 3 .4 0 2
1 2 ,5 1 n
1 8 5 .2 b 8
1 4 ,4 2 5
1 7 3 ,4 2 4
1 9 7 ,4 1 !
6 5 ,0 9 4
5 6 ,0 2 6
1 0 3 ,1 7 1
1 0 ^ ,4 5 0
4 7 ,4 5 6
4 8 ,8 5 2
5 5 1 ,8 8 5
2 5 6 ,1 0 7
5 L 4 ,1 5 1
2 4 8 ,2 1 5
3 1 ,7 3 0
7 8 ,1 7 4
1 5 ,7 2 9
3 1 ,7 6 8
3 9 ,8 6 0
1 1 ,6 8 3
5 8 .2 9 8
2 1 ,2 0 9
5 7 ,7 8 0
8 ,2 1 6
1 2 3 ,7 3 a
5 , 1 2 7 , 0 3 8 5 , 2 0 7 , 0 i r 1 0 ,0 5 0 . 2 8 4 1 0 , 2 2 6 , 8 3 8
2 3 6 ,1 6 3
1 3 ,7 0 5
2 4 8 ,i 9 3
1 4 ,6 3 2
8 7 ,1 7 8
4 9 ,6 1 9
8 4 .2 9 8
4 7 ,6 0 1
7 1 3 ,9 6 1
6 4 3 ,9 7 7
3 5 4 ,2 8 6
3 2 2 ,5 7 3
3 .5 1 5 ,9 8 9
3 ,1 3 7 ,1 2 8
1 ,6 3 1 ,3 4 7 1 ,7 8 8 ,7 7 4
3 ,3 1 0 ,0 6 9
8 ,7 6 6 ,6 4 1
3 ,4 4 7 ,5 2 8 1 ,7 7 8 ,0 * 8
6 ,8 2 6 ,0 5 7
1 1 ,9 0 3 ,7 6 9
5 ,0 7 8 .8 7 5 3 .5 6 6 ,8 0
1 ,2 9 2 ,4 5 4
1 .2 8 3 .0 1 5
1 ,2 8 3 ,0 1 5 1 .2 9 2 .4 5 4
1 0 .2 0 5
3 ,9 4 5
1 0 ,2 5 8
3 ,7 2 1
8 5 ,2 2 5
3 3 ,5 4 7
8 3 ,6 7 5
3 1 ,5 9 8
3 2 5 ,3 9 2
1 1 3 ,8 0 6
3 2 7 ,4 1 8
1 3 9 ,7 3 5
1 3 4 ,2 9 2
4 7 ,8 7 5
1 7 2 .7 4 3
7 0 .5 3 0
5 9 .2 0 6
5 9 ,3 4 2
2 2 ,2 0 a
2 7 ,5 6 9
6 1 7 ,0 3 9
6 7 1 ,1 8 6
4 9 ,0 7 3
5 7 ,2 2 3
2 7 1 ,9 0 0
2 5 0 ,7 5 5
9 3 .1 8 3
1 0 0 .7 i 7
2 1 .2 0 7
2 1 ,2 0
3 0 ,4 1 6
3 0 .4 1 6
1 9 ,3 0 6
3 0 ,9 9 9
1 9 ,3 0 6
3 0 ,9 9 9
7 1 ,6 5 5
2
3
,3
0
2
,
6
6
,
6
8
4
2 4 ,9 8 9
1 ,1 0 3 ,7 2 0 l ,0 5 9 ,6 0 0 j
5 3 ,2 9 8
2 9 .0 5 5
5 3 ,4 7 5
2 8 ,2 1 6
1 4 4 ,7 2 8
1 0 ,a 7 2 ,
1 7 7 ,0 2 0
1 0 ,7 2 5
6
1 3 ,8 3 8
5
5
8
.
5
1
7
5 1 ,5 0 0
5 o ,2 0 0
2 2 ,0 0 4
7 ,7 4 0
2 7 ,5 4 3
1 0 ,6 5 0
1 3 ,3 4 1
1
3
,1
0
4
6 .9 * 8
6 ,3 0 5
3 7 5 ,4 7 9 2 4 ,0 1 0
4 1 8 . ly 3
2 6 ,5 0 0
2 ,6 3 0
2 ,9 7 6
1 ,1 9 9 ,7 2 1
1 ,5 2 0 ,5 6 7
7 2 ,6 7 5
1 0 6 .4 6 7
4 0 1 ,4 9 0
1 4 9 ,3 1 0
3 7 6 ,5 4 8
1 3 2 ,4 8 2
1 ,5 5 2
1 .8 4 4
587
686
1 6 9 ,6 1 2
1 7 6 ,5 3 7
1 1 .4 2 4
1 2 ,1 1 3
1 1 3 .0 1 7
1 7 3 ,0 3 5
1 0 9 ,4 1 2
3 7 ,2 1 2
1 3 2 .7 8 9
4 4 ,2 7 1
7 ,0 0 4
144
7 ,8 7 3
1 ,8 0 0
1
0 2 ,0 4 2
9 5 ,4 0 2
3 5 .6 0 8
3 2 ,9 2 9
3 7 ,5 1 7
6 2 ,3 8 3
1 4 ,4 0 0
3 9 3 ,8 1 2
1 3 5 .4 1 7
4 2 3 ,2 1 1
1 3 5 .5 0 0
1 ,0 4 3
1 .0 4 3
1 ,0 4 6
1 ,0 4 6

12,000

21,000

3 3 3 ,7 5 4
3 6 3 .4 2 7
9 0 ,9 2 2
9 5 ,1 9 3
4 1 8 . *71
4 1 2 ,4 8 7
1 5 ,2 0 4
1 5 ,0 5 0
1 3 9 ,1 4 7
1 5 5 .8 6 1
1 , 0 5 3 , 9 5 8 1 ,0 1 .1 ,5 8 8
2 .4 7 3 ,4 2 L 2 ,4 0 9 ,2 * 9
3 ,5 2 7 ,3 7 9 3 ,4 2 0 .8 7 7
1 4 2 ,3 3 4
1 5 8 ,3 2 1
5 3 4 ,0 1 6
6 2 7 ,2 0 5
1 4 3 ,5 5 6
1 7 8 ,1 0 0
7 6 ,5 7 5
8 8 ,2 2 0
8 , i ’0 S
9 .4 8 0
5 6 ,8 6 9
5 3 ,3 5 3

7 2 9 ,9 0 1
2 0 5 ,6 * 2 0
9 3 4 .9 1 0
3 3 ,8 1 5
3 0 9 ,6 4 3
2 , 2 4 7 , 7 13
5 ,0 7 4 ,2 1 0
7 ,3 2 1 ,9 8 3
3 2 5 ,4 1 6
1 . 2 9 « ,* 8 5
3 6 5 ,5 1 1
1 7 6 ,9 1 9
9 ,4 8 0
1 1 3 ,3 5 1

6 9 3 ,1 8 1
1 8 7 ,5 9 0
8 9 2 ,1 6 9
3 3 ,7 3 4
2 7 1 ,8 1 5
2 ,1 1 1 ,0 2 0
4 ,8 2 6 ,4 9 8
6 ,9 3 7 ,5 1 7
2 8 0 ,4 0 9
1 ,1 1 0 ,5 7 5
3 0 7 ,3 6 4
1 6 2 ,7 0 2
8 ,0 0 8
1 1 2 ,2 5 9

THE CHRONICLE

A pr il 22, 1893.]
Latest Earnings Reported.
1 8 9 1 -2 .
Week or Mo 1 8 9 2 - 3 .
S t o n y C l. A C M t ..
S u m m it B r a n c h .
L y k e n s V a lle y
T o t ’l b o th C o ’s
T e x a s A P a c it lc .
T e x .S .V a lA N .w
T o l .A . A . A N .M .
T o l.& O h io O e n t e
T o L P . A W e s t ..
T o l. S t . L . A K . C .
T o L & So. H aven
U ls t e r A D e l . . .
U n io n P a c if io —
O r .S .L .& U . N .
O r .R y . A N . C o .
U . P a o .D .& G .
8 t .J o .A G d .I s L
A i l o t h e r lin e s .
T o t .U .P .S j s.
C e n t .B r .& L .L .
M o n ta n a U n ..
L e a v . T o p . A S.
M a n . A l.& B u r.
G r ’n d to ta l /
V e r m o n t V a lle y
W a b a s h ........................
W e s t J e r s e y ............
W .V .C e n .A P it t s
W e s t V a A P it t s .
W e s t. M a r y la n d .
W e s t. N .Y . A P a
W h e e l. & L . E r i e
W il. C h a d . A C o n .
W i l. C o l. & A l l W r ig h t s v .A T e n .

$
1 .2 6 1
1 0 2 ,4 8 8
9 1 .3 1 9
1 9 3 ,8 0 6
1 1 2 ,0 2 9
4 ,7 1 1
2 6 .5 7 7
3 7 ,3 1 5
1 7 .0 7 2
3 2 ,1 6 0
2 ,2 0 0
2 0 ,6 0 2

Jan.

to Latest Bate.

1

1 8 9 2 -3 .

1 ,2 4 1
1 1 7 ,6 8 8
8 5 ,1 1 8
2 0 2 ,8 0 6
1 0 8 ,6 5 3
3 ,7 2 5
1 9 ,6 5 5
3 4 ,4 1 9
1 6 ,4 5 5
3 7 ,0 3 '
2 ,0 9 2
2 2 ,5 1 2

2 ,6 5 6
3 2 2 ,3 7 1
2 5 9 ,3 2 4
5 8 1 .6 9 4
1 ,9 7 5 ,3 6 6
1 3 .6 0 5
3 < 9 .0 0 4
5 8 2 .7 2 9
2 7 1 .0 0 4
5 3 8 .7 5 1
4 ,6 3 8
4 2 ,4 3 4

2 ,3 4 8
3 1 3 .8 6 2
2 3 2 .7 6 7
5 4 6 .6 2 9
1 ,8 6 5 ,3 5 8
1 1 .6 7 0
2 8 0 ,2 6 5
4 6 8 ,9 3 1
2 8 7 ,0 2 1
5 7 9 ,7 0 5
5 ,4 0 9
4 2 ,5 9 2

3 8 2 ,8 8 2
F e b ru a ry .
4 5 3 ,4 5 7
F e b ru a ry .
2 5 0 ,3 5 4
2 7 2 ,3 6 6
F e b ru a ry .
4 6 7 ,1 0 7
3 9 1 ,9 0 6
1 9 ,5 0 0
1 8 ,0 0 0
2d w k A p r.
F e b r u a r y . 1 .5 4 4 ,3 6 3 1 ,5 7 0 ,4 0 7
F e b ru a ry
2 ,7 5 0 ,4 1 2 2 ,7 8 2 ,1 1 1
9 0 ,0 3 9
F e b ru a ry .
9 6 ,0 4 8
F e b ru a ry .
3 0 ,3 0 7
9 1 ,6 0 3
2 ,2 6 5
2 ,0 4
F e b ru a ry .
3 ,3 6 2
F e b ru a ry .
2 ,7 0 5
F e b r u a r y . 2 ,8 5 8 ,4 1 8 2 ,9 2 6 ,4 1 5
1 3 ,5 5 6
F e b ru a ry .
1 1 .5 7 8
2 3 ? ,0 0 0
2d w k A p r.
2 4 5 .0 0 0
1 0 1 ,8 1 5
F e b ru a ry .
1 0 0 ,9 1 3
9 9 ,3 1 1
M a r c h ............
9 4 ,7 1 5
J a n u a r y .. .
1 8 ,7 0 3
1 8 ,3 9 5
8 8 .4 0 3
M a r c h ____
7 4 .9 1
2d w k A p r.
6 6 ,5 5 4
6 2 ,1 0 0
2 9 ,8 5 4
2d w k A p r.
2 7 .5 5 3
2 .7 5 7
J a n u a r y ...
1 ,8 2 5
J a n u a r y .. .
5 5 ,6 2 0
6 9 ,6 9 1
M a r c h ............
6 ,6 0 0
6 ,2 0 5

8 1 6 ,0 3 3
5 3 * 4 ,4 4 2
9 5 2 ,2 5 1
3 6 3 ,4 0 1
3 .2 5 9 ,7 0 5
5 ,7 8 8 ,) 0 5
1 9 4 ,1 8 2
6 7 ,0 5 1
4 ,7 2 3
6 ,9 3 0
6 ,0 2 1 ,6 4 0
2 4 ,6 0 0
3 ,6 7 7 ,8 5 7
1 9 5 ,5 8 0
2 4 9 .9 8 8
1 8 ,7 0 3
2 4 4 ,7 8 1
9 8 5 ,1 0 6
3 7 1 ,6 2 3
1 ,8 2 5
5 5 ,6 2 0

9 3 7 .2 0 5
5 5 7 ,1 8 5
8 3 4 ,9 5 0
3 2 0 .4 5 3
3 ,3 '2 ,6 5 1
5 , * 3 2 ,5 7 9
2 1 1 ,5 4 9
1 8 2 .8 2 3
4 ,2 8 6
5 , 7 19
6 ,1 4 0 ,5 4 3
2S859
3 ,8 4 0 ,7 1 5
1 9 1 ,2 7 3
254 229
1 8 ,3 9 5
2 0 5 ,4 8 ?
9 0 5 , On 3
3 5 5 ,7 2 4
2 ,7 5 7
6 9 ,6 9 1

F e b ru a ry .
M a r c h ............
M u r c h ............
M a r c h ... :
2d w k A p r.
M a r c h ............
2d w k A p r.
2d w k A p r.
2d w k A p r.
?d w k A p r .
M a r c h -----F e b ru a ry .

a F ig u re s
b E a r n in g s

c o v e r o n ly t h a t p a r t o f m ile a g e lo c a t e d in S o u t h C a r o lin a >
g iv e n a r e o u w h o le J a c k s o n v ill e S o u t h e a s t e r n S y s t e m *
c T h e b u s in e s s o f t h e L e h ig h V a lle y a n d L e h ig h & W ilk e s b a r r e d e 
p a r t m e n t s i s l u c l u d e d i n 1 8 4 3 . <t I n c l u d e s e a r n i u g 3 f r o m f e r r i e s , e t c . ,
n o t g iv e n s e p a r a t e ly , t M e x ic a n c u r r e n o v . e T o l. C o l. & C m in c lu d e d
f o r t h e w e e k a n d s in c e J a n . 1 in b o th y e a r s
/ I n c l u d e s o n ly h a lf o f
lin e s in w h ic h U n io n P a c if io h a s a h a l f in t e r e s t .

Latest Gross Earnings by Weeks.—The latest weekly
earnings in the foregoing table are separately summed up as
follows:
Our statement of earnings for the second week of April shows
a gain of 8'00 per cent as follows:
2d week o f April.

1893.

1892.
$
4 3 ,9 7 4
3 6 ,9 8 9
6 6 ,6 1 5
3 9 4 , 0i> 0
1 7 5 ,7 2 7
70 560
7 7 ,3 4 2
5 6 0 ,9 1 9
2 .',9 5 3
3 8 ,( 8 7
1 1 ,3 4 5
1 4 0 ,0 0 0
2 3 ,6 0 7
3 6 ,4 3 1
6 ,2 2 8
4 ,3 1 8
2 2 ,9 4 7
5 3 ,1 9 1
5 0 ,7 9 6
9 ,2 3 8
5 ,1 9 7
3 7 7 ,3 2 2
6 3 ,2 6 0

L o u is v . E v a n s . A 8 t. L . .
L o u is v ille & N a s h v ille ...
L o u is . N . A l b . & C h ic a g o .
M e x i c a n C e n t r a l ........................
M e x i c a n N a t i o n a l . ...............
M ilw a u k e e & N o r t h e r n ..
M o . K a n s a s A T e x a s ............
M o . P a c i f i o & I r o n M t _____
N e w Y o r k O n t. & W e st’n .
N o r f o l k A W e s t e r n ..................
P e o r ia D e o . A E v a n s v . . .
P i t t s b u r g & W e s t e r n ............
R i o G r a n d e S o u t h e r n ____
R i o G r a n d e W e s t e r n ............
8 t . J o s e p h A G d . Is la n d ..
8 t. L o u is A S o u th w e s P n .
T e x a s A P a c i f i c ........................
T o l. A n n A . A N . M ic h ...
T o l e d o A O h io C e n t r a l . . .
T o le d o P e o r ia A w e s t ’ o . .
T o le d o S t . L . A K a n . C i t y .
W a b a s h ....................................................
W e ste rn N . Y . A P e n n ...
W h e e lin g & L a k e E r i e . . .

$
4 6 ,7 9 8
3 8 ,6 9 2
7 4 .9 0 6
3 9 7 ,0 0 0
2 0 5 ,1 0 1
7 3 ,6 6 6
7 9 ,7 4 4
6 2 2 .7 8 7
2 4 ,1 3 6
4 0 ,2 9 6
1 3 ,9 5 6
1 5 1 ,5 0 0
2 3 ,2 0 9
4 0 ,9 3 u
6 ,8 0 2
4 ,3 2 8
2 3 ,7 7 7
6 5 .4 0 1
5 2 ,3 6 8
9 ,7 3 3
5 ,o 9 6
3 8 4 ,3 8 8
7 5 ,0 6 2
3 5 ,3 0 2
6 ,4 4 8
6 5 ,0 9 6
7 8 ,6 9 9
3 6 ,3 8 8
3 8 4 ,7 9 0
6 4 ,1 6 5
1 7 4 ,6 6 5
8 7 .6 4 6
3 2 ,5 8 1
2 2 5 ,2 0 9
4 1 9 ,0 0 0
7 2 ,4 9 5
2 0 5 ,1 8 7
1 4 ,6 3 2
5 7 ,2 2 3
1 0 ,7 2 5
5 0 ,2 0 0
1 9 ,5 0 0
1 0 6 ,4 6 7
1 2 2 ,0 2 9
2 6 ,5 7 7
3 7 .3 L 5
1 7 ,0 7 2
3 2 ,1 6 0
2 3 2 ,0 0 0
6 6 ,5 5 4
2 9 ,8 5 4

T o t a l ( 5 1 r o a d s ) . ..................

B a l t . A O h io

S o u th w e st.

B u ffa lo R o o m
P it t a b ’g .
C a n a d i a n P a c i f i c ........................
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 l l i n o i s . .
C h i c a g o G r . W e s t e r n ____
C h ic a g o M ilw . & S t . P a u l.
C h ic . P e o r ia A S t . L o u is .
C h ic a g o & W e s t M ic h ig a n
C in . J a c k s o n A M a c k in a w
D e n v e r * R io G r a n d e ...
D e t r o it L a n s in g & N o rth .
D u lu t h S . 8 . A A t l a n t ic ...
E v a n s v . A In d ia n a p o lis ..
E v a n s v . & R i c h m o n d ----E v a n s v . A T e rre H a u te .
F l i n t * P e re M a rq u e tte .
G ra n d R a p id s * In d ia n a .
C in c in n a t i R . & F t . W ..
G r a n d T r u n k o f C a n a d a ..
In t e r n T & G t. N o rth ’n . . .
I o w a C e n t r a l ...................................
K e o k u k A W e s t e r n ..................
L a k e E r i e & W e s t e r n _____

N e t in c r e a s e (8 0 0 p .

o .)

6 ,9 6 3
5 7 ,7 7 3
7 5 ,8 4 8
2 6 ,1 6 i
3 8 1 ,3 6 0
6 1 ,5 6 6
1 4 5 ,9 4 3
7 5 ,8 5 2
3 ^ ,0 5 4
1 7 6 ,1 2 8
4 1 6 ,0 0 0
6 4 ,5 3 9
2 0 0 ,7 3 3
1 3 ,7 0 5
4 9 ,0 7 3
1 0 .8 7 2
5 1 ,5 0 0
1 8 ,0 0 0
7 2 ,6 7 *
1 0 8 ,6 5 3

Increase.
$

Decrease
$

2 ,8 2 4
1 .7 0 3
8 ,2 9 1
3 .0 0 0
2 9 ,3 7 4
3 ,1 0 6
2 ,4 0 2
6 1 ,8 3 8
3 ,1 8 3
1 ,- 0 9
2 ,6 1 1
1 1 ,5 0 0

week of April.

398
4 ,4 9 9
571
10
830
1 2 ,2 1 0
1 ,5 7 2
495
101
7 .0 6 6
1 1 ,8 0 2
2 ,6 1 7
515
7 ,3 2 3
2 ,8 5 1
1 0 ,2 2 7
3 ,4 3 0
2 ,5 9 9
2 8 ,7 2
1 1 ,7 9 1
527
4 9 ,0 3 1
3 3 .0 0 0
7 ,9 5 6
4 ,4 6 4
927
8 ,1 5 0

P r e v i o u s l y r e p ’d i5 6 r ’d s )
B u r l . C e d . R a i> . & N o r t h .
C h i c a g o * G r . T r u n k _____
O i n . N .O . & T e x . P a c . 5 r d s
C le v e A k r o u A C o lu m b u s
C le v . C in . C h ic . & 8 t . L . .
P e o r i a A E a s u r o ...............
C le v e la n d & M a r ie t t a .. . .
C u r r e n t R i v e r ................................

......................

7 ,1 4 6 ,6 9 1

8
957
201

661
4 ,3 9 0
4 ,6 4 6
476
1 .6 9 9
4 ,4 5 1
.....................

3 3 ,4 7 6
1 1 ,7 4 1

i ‘, 9 1 0
689
1 1 ,5 0 0
4 6 7 ,3 9 0

1 5 2 ,4 1 8

3 1 4 ,9 7 2

Net Earnings Monthly to Latest Dates.—The following
shows the gross and net earnings to latest dates of all railroads
furnishing monthly statements. The compilation includes
every road from which we can get returns of this character,
and in that form is given once a month. Early returns are
published from week to week, as soon as issued, but for the
convenience of our readers all the roads making returns are
brought together here in the week in which we publish our
monthly article on net earnings—say on or about the 20th of
the month. A paragraph mark (*[) added after the name
of a road indicates that the figures for that road have not previouslv been given, but appear for the first time in this
issue.
.----- Gross Earnings.------. . ------ Net Earnings.-------,
1893.
1892.
1893.
1392.
$
$
$
$
A lle g h e n y V a lle y ...H F e b .
1 8 3 ,8 3 6
1 9 3 ,0 0 8
4 7 ,1 8 1
7 5 ,3 5 8
J a n . 1 t o F e b . 2 8 _____
3 7 3 ,6 0 1
3 7 0 ,5 0 6
0 6 ,1 0 0
1 3 3 ,9 5 7

Roads.

A t . T . & 8. F e S y s . b . F e b . 2 , 8 4 4 . 5 9 0
2 .6 2 2 .0 1 9
J a n . 1 to F e b . 2 8 . . . . 5 ,7 3 6 ,6 9 8
5 ,2 4 2 ,6 1 4
J u l y 1 t o F e b . C S . . . .2 6 ,1 3 2 ,9 7 5 2 4 ,7 3 2 ,4 4 0

6 7 1 ,3 2 0
1 ,2 9 3 .3 0 8
8 ,3 2 7 ,7 1 0

5 1 3 ,8 0 2
1 ,0 5 3 ,6 0 2
7 ,5 7 0 ,3 8 3

B t .L .& S a n F r .S v s .b F e b .
J a n . 1 to F e b . 2 8 . . .
J u l y 1 t o F e b . 2 8 _____

6 5 8 .1 0 7
1 ,3 ( 3 ,8 0 3
6 ,4 2 5 ,0 6 6

6 3 9 .2 4 9
1 ,2 3 8 ,7 8 3
6 ,0 8 9 .6 2 0

1 7 9 ,2 3 3
3 1 5 ,2 2 9
2 ,3 5 5 ,9 2 9

1 9 0 ,0 9 1
3 3 9 ,8 1 6
2 ,3 3 0 ,5 7 4

C o l o r a d o M id . b _____F e b .
J a n . 1 t o F .- b . 2 8 . . . .
J u l y 1 to F e b . 2 8 . . . .

1 3 6 .1 8 4
2 9 5 ,5 7 9
1 ,4 2 7 ,1 6 7

1 6 3 ,1 0 1
3 2 2 ,4 4 5
1 ,3 8 6 ,7 7 8

5 ,5 4 4
2 3 ,5 2 5
2 4 7 ,9 3 7

4 6 ,0 3 3
8 3 ,2 5 7
3 7 3 ,8 2 9

A g g r e g a t e T o t a l . b . F e b . 3 ,6 3 8 ,8 8 1
3 .4 2 4 .3 6 9
8 5 6 ,1 5 3
7 7 9 ,9 8 6
6 ,8 ) 3 ,3 4 1
1 ,6 0 7 ," 6 1
1 ,4 8 1 ,6 7 3
j a n . 1 t o F e b . 2 8 _____ 7 , 3 6 6 , 0 7 9
J u l y 1 t o F e b . 2 8 _____3 4 , 2 3 5 , 2 0 8 3 2 , 1 8 8 , 8 3 8 1 0 , 9 3 1 , 5 7 6 1 0 , 2 8 0 , 7 8 6
B a l t i m o r e & O h io —
L in e s E . O . R .b f f . .M a r . 1 ,6 4 1 ,4 5 1
1 ,5 7 7 ,8 0 1
J a n . 1 to M a r . 3 1 . . . . 1 ,3 3 8 .1 6 4
4 ,5 5 8 ,7 1 7
J u l y 1 t o M a r . 3 1 . . . . 1 4 , 7 3 2 , 4 6 7 1 5 ,0 4 0 , 1 1 1

4 9 0 .2 2 0
1 ,0 1 3 ,9 1 4
4 ,3 6 5 ,8 1 5

4 7 4 ,5 8 2
1 ,2 7 0 ,4 7 5
4 ,9 7 0 ,7 4 4

5 1 8 ,7 9 0
1 ,5 2 3 ,8 5 6
4 ,6 2 6 ,7 8 9

1 1 5 ,2 3 1
1 6 2 ,5 0 9
8 5 8 ,8 9 9

8 9 ,5 4 4
2 2 7 ,4 3 9
8 3 4 ,0 5 1

T o t a l s y s t e m .b ..1 I M a r . 2 ,2 2 0 ,8 5 7
2 ,0 9 6 ,5 9 0
6 ,0 3 7 ,5 7 4
J a n . 1 to M a r . 3 1 . . . . 5 ,3 9 2 ,4 2 7
J u l y 1 to M a r . 3 1 .. . . 1 9 , 6 4 5 ,9 6 1 1 9 ,6 6 6 ,9 0 1

6 0 5 ,5 0 0
1 ,1 7 6 ,1 2 3
5 ,2 2 4 .5 1 4

5 6 4 ,1 2 6
1 ,4 9 7 ,9 1 4
5 ,8 0 4 ,7 0 5

5 7 9 ,1 0 7
1 ,5 5 1 ,2 6 4
4 .9 1 3 ,1 9 5

B . & O . S o u t h w .b - .y F e b .
j a n . 1 t o F e b 2 8 _____
J u l y 1 to F e b . 2 8 . . . .

2 0 1 .3 4 6
4 2 4 ,3 8 2
1 ,8 3 1 ,9 5 8

2 1 0 ,5 7 6
4 1 5 ,8 7 6
1 ,8 5 7 ,7 9 8

5 9 ,5 3 5
1 3 5 ,2 8 0
6 6 9 ,4 o 9

7 0 ,4 9 4
1 6 1 ,4 9 6
7 2 8 ,6 1 0

B a t U & H a m m o n d s .H F e b .
J a n . 1 t o F e b . 2 3 _____

1 ,4 1 9
3 ,2 6 0

1 ,5 1 4
2 ,9 8 5

434
1 ,0 8 5

464
814

B ir m . & A t la n t ic .b .U F e b .
J a n 1 t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____

2 ,7 1 5
5 ,3 5 7
2 6 ,0 0 9

3 ,3 0 4
6 ,0 5 9
2 9 ,4 1 7

d e f .2 8
167
4 ,0 4 0

609
209
5 ,9 3 3

B ir .S b e f .& T e n . R .b .llF e b .
J a n . 1 t o F e b . 2 3 _____
J u l v l to F e b . 2 8 . . . .

2 1 ,0 8 0
4 2 ,0 0 2
1 7 4 ,2 3 6

1 8 .8 6 0
3 7 ,9 1 5
1 5 7 ,5 0 0

7 ,5 7 4
1 3 ,4 2 0
4 8 ,0 4 8

7 ,8 4 0
1 6 ,1 6 6
6 0 ,0 3 4

B r ’k lv u E le v a t e d .IT .F e b .
J a u . l t o F e b . 2 3 _____
J u l y 1 t o F e b . 2 8 _____

1 5 3 ,9 9 5
3 1 8 ,( 9 3
1 ,2 6 9 ,6 2 5

1 5 1 ,2 6 5
3 0 2 ,6 8 9
1 .1 8 6 .0 1 9

6 4 ,1 0 8
1 3 0 ,3 9 0
5 3 9 ,3 1 9

6 7 ,6 0 2
1 2 9 ,5 6 7
5 0 1 ,7 4 5

B u ff. R .& P it t s ..b H .F e b .
J a n . 1 t o F e b . 2 3 _____
J u l y 1 to F e b . 2 3 . . . .

2 1 2 ,9 4 3
4 4 3 ,6 3 9
2 ,1 4 6 ,8 3 0

2 3 0 ,3 9 0
4 6 7 ,2 9 0
1 ,9 6 0 ,9 2 6

5 3 ,1 3 5
9 7 ,4 6 6
5 9 0 ,3 5 1

6 0 ,6 6 8
1 2 6 ,8 5 4
6 1 3 ,9 2 3

7 4 ,4 7 3
1 5 4 ,1 2 1

1 0 5 ,5 6 3
2 0 8 ,0 7 1

B u r l. C e d .R . & N o .a f f F e b .
J a n . 1 t o F e b . 2 3 _____

2 9 5 ,6 2 2
6 2 0 ,2 i> 9

3 3 6 ,4 9 7
6 6 8 ,3 0 8

C am . * A tl. & B r s . a ll F e b .
J a n . 1 t o F e b . 2 8 _____

3 4 ,2 8 1
7 0 ,7 7 6

3 7 ,3 5 4
7 1 ,0 3 0

d e f .5 ,7 9 1
d e f.5 ,4 1 3
d e f 2 3 ,0 3 1 d e f .2 5 ,9 8 2

C a n a d ia n P a c i d o .a ..F e b .
J a n . 1 to F e b . 2 3 . . . .

1 ,2 6 0 ,3 2 3
2 ,7 9 5 ,9 0 6

1 .1 5 6 .3 6 9
3 ,0 6 5 ,4 7 1

2 3 9 ,3 0 5
7 5 1 ,3 3 9

4 0 2 ,1 6 0
9 3 4 .3 1 1

C a r o l i n a M ia l a n d . . H F o b .
J a a . 1 t o F e o . 2 3 _____
J u l y 1 to F e b . 2 8 . . . .

6 ,1 4 1
1 0 ,7 0 6
4 3 ,4 1 7

5 ,4 3 3
9 ,6 0 2
4 6 ,2 6 1

2 ,2 3 1
2 ,6 2 9
1 2 ,9 0 5

1 ,2 2 4
1 ,0 6 7
1 1 ,5 5 6

C e n t, o f N e w J e r s e y a F e b .
- J a n . 1 t o F e b . 2 3 _____

1 ,1 0 0 ,6 5 5
2 ,1 6 4 ,4 3 7

1 ,1 3 8 ,3 3 4
2 ,1 1 2 ,6 3 8

C e n t r a l P a o i t l e _____b . F e b .
J a n . 1 co F e b . 2 8 _____

9 3 2 ,1 6 6
1 ,8 7 6 ,2 2 6

C h a r . C in . & C ln c ..1 T .F e b .
J a n . 1 t o F e b . 2 8 _____

3 7 4 ,2 9 1
8 3 0 ,8 7 7

1 4 .0 9 3
2 6 ,5 3 3

3 ,3 6 5
2 ,8 8 3

C h e ra w & D a r i..b lf .F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____

1 3 ,0 3 7
2 1 ,7 6 1
6 2 ,5 0 1

9 ,5 5 8
1 6 ,0 2 0
6 7 ,2 1 1

7 ,3 9 3
1 0 ,5 2 8
2 3 ,5 4 3

4 ,0 8 5
5 ,9 1 1
2 5 ,8 3 7

O h e s a o e a fc e *O h to a . F e b .
J a n . c t o F e b ‘2 ( _____
J u l y 1 to F e b . 2 3 . . . .

7 6 6 ,8 2 2
1 , 5 0 4 ,7 7 8
7 ,6 3 2 .6 9 2

7 6 1 .5 7 3
1 ,5 1 6 .1 3 3
7 ,5 8 9 ,2 1 9

2 3 1 ,8 4 2
4 7 1 ,9 7 8
2 ,5 2 8 ,6 0 9

1 7 5 ,4 7 7
3 2 9 ,7 5 9
1 ,9 1 7 ,0 4 2

C b e s . & O . S . V V .b .l T .F e b .
J a u . 1 t o F e u . 2 3 _____
J u l y 1 t o F e b . 2 8 _____

1 9 4 ,0 1 2
4 0 4 .9 2 1
1 ,6 5 3 ,5 2 4

1 8 5 ,9 1 5
3 5 2 ,6 2 0
1 ,6 1 1 ,5 7 9

6 0 .4 8 7
1 3 7,d 19
5 7 9 ,6 9 0

6 6 ,7 9 6
1 2 3 ,9 4 2
6 1 7 ,7 3 5

C h io . B u r . & N o r . . . b . F e b ,
J a n . 1 t o F e b . 2 8 _____

1 6 2 ,3 3 6
3 0 9 ,0 3 0

1 6 1 .4 9 6
3 1 1 .5 7 4

5 7 ,3 0 0
7 5 ,9 ( 8

6 8 ,5 4 5
9 9 ,5 6 9

C M o . B u r l . & Q u t n ..b F e b .
J a n . 1 t o F e b . 2 3 _____

2 ,9 3 2 ,2 3 6
6 ,0 3 4 ,5 2 9

3 .0 6 8 ,3 8 5
6 ,0 7 7 .1 8 4

9 3 8 ,8 1 3
1 ,7 8 5 , 6 7

1 .0 8 2 ,8 8 6
2 ,0 2 2 ,4 7 5

$
8 3 ,3 0 5

C h i c a g o * E . 1 1 1 ..a .f lF e b .
J a u . 1 t o F e o . 28 _____
J u l y 1 t o F e b . 2 8 _____

3 4 5 .5 5 3
6 9 9 ,1 6 1
3 ,0 2 5 ,7 0 4

2 9 6 ,9 2 0
6 0 8 ,4 9 4
2 ,5 1 2 ,5 5 4

1 0 9 ,8 1 2
2 0 2 ,1 5 8
1 ,1 0 5 ,0 3 9

8 4 ,6 6 2
2 2 5 ,1 7 5
1 ,0 0 6 .6 8 6

1 6 ,6 9 5

C h .J u n c .& U .S t k .Y d s .F o b .
J a n . 1 to F e b . 2 3 . . .

1 9 9 ,3 3 4
4 3 5 ,3 6 7

2 2 8 ,6 6 9
4 9 6 ,4 8 1

1 2 3 ,9 2 2
2 9 2 ,4 0 3

1 5 7 ,3 0 0
3 5 6 ,6 5 2

O h io . M . * S t . P a u l . . a F e b . 2 , 1 6 1 , 4 4 6
J a n . 1 t o F e b . 2 8 _____ 4.7 1 6 .6 2 8
J u l y 1 t o F e o . 2 3 _____ 2 3 , 3 3 5 , 7 6 8

2 ,3 0 4 ,1 0 3
4 .7 2 5 .0 2 0
1 2 ,2 7 8 , 0 5 5

4 3 0 ,3 6 5
1 ,1 0 1 ,0 7 4
7 ,9 3 1 ,7 8 1

5 8 3 ,9 2 3
1 ,2 6 3 ,4 4 5
8 ,3 2 2 ,3 4 5

4 ,8 1 4 ,6 7 3

4 7 1 ,4 1 9

2 2 ,4 3 7

. . . . . . . .

3 8 4 ,9 8 2

. .. .. ...

617
4 ,8 7 2
1 3 ,0 0 0

Decreast

5 ,8 7 6
311
1 6 ,1 7 1
567
143
1 ,5 3 2

7 ,4 6 1 ,6 6 3

Decrease.

3 1 1 ,6 6 1
5 8 4 ,5 3 9

2 ,lu 4

$
4 1 1 ,4 L 1
2 ,0 0 1

T o t a l ( 8 1 r o a d s ) .....................
N e t in c r e a s e ( 4 '4 1 p .c .)

*
.....................

d e f . 1 ,2 2 0
d e f . l 1 .6 5 9

. . . . . . . .

$
5 ,6 2 0 .0 2 2
7 0 ,0 9 7
8 5 ,6 2 6
1 3 3 ,5 7 5
1 8 ,7 9 8
2 4 9 .2 1 9
2 9 ,6 2 4
o ,5 2 6
1 ,5 8 8

S a n F r a n . & N o . P a c if io .
W e ste rn N . Y . A P e n n ..

1 Increase.

1 5 ,4 1 6
2 6 ,5 5 5

5 ,1 9 9 ,6 5 5

$
5 ,9 4 3 .1 2 8
7 2 ,0 j 8
6 3 ,9 3 1
1 3 9 ,4 5 0
1 9 ,.0 9
2 6 5 ,3 9 0
2 9 ,0 5 7
6 ,6 6 9
3 ,1 2 0

C e n t r a l ............

*
2 3 ,3 5 1
9 7 .6 0 8
4 .4 6 3
7 9 ,5 2 1
1 4 ,4 8 6
6 ,9 6 4
2 2 ,7 7 7
5 1 ,4 0 2
4 3 7 ,3 1 8
1 0 9 ,5 8 7
1 2 ,5 1 5
1 1 ,4 2 4
0 0 ,2 0 0

1 ,0 0 5 ,8 7 9
1 ,9 5 2 ,1 9 6

1 ,5 0 0
3 3 ,7 9 2
1 3 f 176
6 ,9 2 2

Increase.

W is c o n s in

1892.

$
2 2 ,3 9 4
9 7 ,4 0 7
5 ,1 2 4
8 3 ,9 1 1
1 9 ,1 3 2
6 ,4 8 8
2 4 ,4 7 0
5 5 ,8 5 3
3 9 8 ,8 4 2
9 7 ,3 4 6
1 4 ,4 2 5
1 2 ,1 1 3
7 1 ,7 0 0

5 0 5 .7 1 5
8 5 4 ,2 6 8

4 ,4 5 4
2 , >01

1892.

M e m p h is & C h a r le s t o n . . .
M in n . S t . P . & 8 . 8 . M . . . .

1893.

4 '4 ,3 3 1
7 5 1 ,9 3 6

147
1 ,3 0 0

3 9 .4 1 9
1 6 ,4 5 5
3 7 .0 3 2
2 4 5 ,0 0 0
62, 00
2 7 ,5 5 3

1893.

D e t r o it G r . n . & M i l w . . .
E a st. T e n n . V a . A G a ...
K a n . C it y C lin . * S p r in g .
K a n . C it y F t . S . A M e m ..
K a n . C it y M e m . A B ir in .

L i n e s W . O . K ..b ..1 T M a r .
J a n . 1 t o M a r . 3 1 _____
J u l y 1 to M a r. 3 1 . . . .

For the first week of April our final statement covers 81
roads, and bhows 4'11 per cent gain in the aggregate.
Ik *

1st week o f April.

1 8 9 1 -2 .

B63
f

C h io . & W . M i o h . . .a . F e b .
J a n . 1 t o F e b . 2 8 -----

1 2 5 .9 3 8
2 5 3 ,8 6 7

1 4 3 ,4 8 5
2 6 0 ,6 7 2

d e f .3 ,8 7 0
d e f .5 ,7 4 5

3 3 ,3 3 2
5 1 ,5 3 0

i

THE CHRONICLE

654
— Gross Earnings1892.

-Xet Earnings.-

' e m . J a c k . <fc M a c k .T f b F e b .
J a n . 1 t o F e b . 2 3 _____
J u l y 1 t o F e b . 2 8 _____

1893.
$
5 3 ,0 9 6
1 0 3 ,6 1 5
4 9 8 ,4 9 2

5 0 ,8 3 1
1 0 3 ,2 8 7
4 3 0 ,3 4 0

9 ,7 3 2
1 6 ,7 6 5
1 3 6 ,5 1 1

i8 9 2 .
*
9 ,7 1 7
1 3 ,5 2 8
1 2 3 ,2 3 2

< n n .N .O .& T e x .P - U a .F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____

3 1 9 ,8 2 7
6 2 3 ,6 5 1
2 ,7 8 9 ,6 5 6

3 6 3 ,9 4 2
6 8 8 ,3 9 9
2 ,9 7 5 ,2 0 1

8 9 ,9 2 0
1 5 2 ,7 0 2
6 7 3 ,1 8 4

1 1 8 ,0 3 8
1 8 8 ,3 7 6
8 9 6 ,6 0 2

A l a . G t .S o u t h 'll. If a F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____

1 4 3 ,1 2 3
3 0 0 ,5 7 7
1 ,2 4 0 ,8 4 1

1 6 6 ,7 8 7
3 1 5 ,1 7 1
1 ,3 4 0 ,5 3 1

3 1 ,9 4 2
6 2 ,3 L 4
2 4 3 ,8 9 3

4 7 ,1 3 3
7 4 ,3 1 2
3 1 3 ,4 6 9

Roads.

1893.

N . O . & N o 'e a s t .T ia .F e b .

1 2 0 ,9 2 1

1 1 1 ,3 2 9

2 1 ,0 0 0

2 7 ,0 0 0

A la b ’a & V ic k s ..! f a .F e b .

4 9 ,0 5 1

5 9 ,2 1 8

1 3 ,0 0 0

1 2 ,0 0 0

V ic k s .S h .& P a c .lf a . F e b .

4 8 ,5 9 7

5 5 ,7 5 9

1 5 ,0 0 0

1 8 ,7 0 3
2 2 2 ,9 3 9

T o t a l s y s t e m ...H a .F e b .

6 3 4 ,5 2 0

7 5 8 ,9 2 3

1 7 0 ,8 6 2

O in . P o r t s . f e V ir .f lb .F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____

1 6 ,0 2 1
3 5 ,2 0 6
1 8 3 , L42

1 6 ,7 6 3
3 1 ,3 6 0
172>970

d e f.7 2 2
2 ,6 L0
3 4 ,4 8 7

2 ,0 2 5
2 ,0 2 L
2 9 ,4 6 2

• C le v . A k r o n & C o l . ! ! b F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 3 _____

7 3 ,0 49
1 4 4 ,2 5 6
6 7 0 ,3 5 3

6 7 ,4 2 3
1 3 4 ,7 4 7
0 3 0 ,1 0 0

1 5 .G 6 0
2 2 ,6 1 7
1 7 0 ,0 9 8

1 5 ,3 0 7
2 9 ,3 1 5
1 6 6 ,4 1 0

C le v e l. C a n .f e S o .b .f iJ a u .
J u l y 1 t o J a n . 3 1 _____

5 8 ,1 4 0
5 7 5 ,8 9 9

4 2 ,6 0 2
4 4 7 ,1 2 1

1 8 ,9 7 5
1 9 3 ,6 2 8

1 3 ,5 3 1
1 5 5 ,3 2 3

9 8 1 ,8 9 9
S t. L .a .F e b .
F e b . 2 3 _____ 1 , 9 6 8 , 6 5 9
F e b . 2 3 _____ 9 , 9 6 4 , 7 8 0
1 1 8 ,5 1 0
D iv .t f a F e b .
2 4 3 ,8 3 3
F e b . 2 3 _____
1 ,1 7 0 ,7 6 6
Feb. 23—
2 6 ,6 0 5
C le v e . & M a r ie t t a ..! ! F e b .
5 4 ,4 43
J a n . 1 to F e b . 2 8 —

1 ,1 0 8 ,4 9 6
2 ,2 0 7 ,1 1 1
9 ,9 5 2 ,1 6 8
1 4 1 ,4 2 4
2 8 4 ,5 9 9
1 ,2 7 0 ,3 9 1

2 2 2 ,3 8 4
3 5 8 ,0 3 3
2 ,4 7 4 ,8 3 3

2 9 4 ,6 7 9
5 7 9 .6 9 6
2 ,9 5 8 ,7 L 9

3 ,5 9 6
1 7 ,9 1 8
2 2 6 ,1 3 2

4 1 ,2 5 9
8 0 ,0 .) 2
3 6 4 ,2 3 9

2 3 ,2 8 4
4 9 ,1 3 0

4 ,9 3 6
1 1 ,1 2 2

4 ,2 9 1
3 1 ,0 0 6

- C le v .C in .C . &
J a n . 1 to
J u l y 1 to
P e o r ia & E .
J a n . 1 to
J u l y 1 to

&T

o l... .b J a n .

2 7 8 ,4 2 7

2 1 7 ,5 9 9

1 1 5 ,7 5 0

1 0 0 ,9 3 8

■ C o n n e c t ic u t R i v e r . 11 F e b .
J a n . 1 to F e b . 2 8 . . . .
J u l y 1 t o F e b . 2 8 _____

7 9 ,4 8 0
1 6 6 ,7 1 9
8 1 0 ,0 2 2

8 4 ,0 7 3
1 6 2 ,2 1 4
7 6 0 ,7 7 3

1 4 ,4 6 6
4 1 ,7 1 4
2 i .3 ,8 7 1

3 2 ,1 4 3
6 5 .3 9 0
2 6 0 ,5 3 9

C u r r e n t R i v e r .....................F e b .
J a n . 1 t o F e b . 2 3 _____
J u l y 1 to F e b . 2 3 —

1 5 ,2 1 8
2 8 ,4 1 1
1 3 8 ,7 9 6

1 4 ,0 2 0
2 2 ,7 9 5
1 1 0 ,0 6 6

5 ,1 4 1
7 ,4 5 1
5 7 ,0 6 6

6 ,0 0 2
7 ,3 6 4
4 8 ,8 7 0

D e n . & E . G r a n g e .b .F e b .
6 7 0 ,2 7 8
J a n . 1 t o F e b . 2 8 _____ 1 , 4 1 8 , 8 . 1 4
J u l y 1 t o F e b . 2 3 _____ 6 , 4 2 8 , 1 0 6

7 0 1 ,9 9 3
1 ,4 2 8 ,3 3 5
6 ,0 4 6 ,7 5 4

2 7 4 ,0 6 3
5 9 0 ,2 7 9
2 ,8 4 7 ,6 2 2

3 0 5 ,6 S 4
6 1 5 ,2 4 3
2 ,6 L 6 ,4 4 5

C o l. H . V .

D e s M o .N o .& W ....1 |F e b .
J a n . 1 t o F e b . 2 8 _____

2 9 ,0 4 3
5 7 ,7 3 5

3 4 ,2 4 5
6 5 ,4 3 5

1 1 .1 1 8
2 1 ,3 0 3

1 8 ,0 1 6
2 9 ,4 9 9

D e t .B a y C i t y & A l.b H .F e b .
J a n . 1 t o F e b . 2 8 -----

3 2 ,4 6 1
7 0 ,2 1 5

2 9 ,6 1 1
5 8 ,6 9 L

1 3 ,3 2 6
3 2 ,2 7 7

1 1 ,2 9 L
2 2 ,7 2 L

D s t. L a n s . & N o r ..a .F e b ,
J a n . 1 to F e b . 2 8 —

8 5 ,8 7 9
1 8 0 ,2 9 3

9 1 ,8 7 5
1 7 5 ,8 4 6

1 ,3 2 6
1 6 ,8 5 3

1 7 ,5 1 5
2 8 ,5 8 3

E lg in J o lie t & E .. . .a J a n .
J u l y l to J a n . 3 1 . . .

6 5 ,2 7 4
5 2 3 ,2 2 5

6 5 ,8 4 6
4 3 2 ,9 6 2

1 0 ,3 3 5
1 5 4 ,4 6 2

1 7 ,3 3 4
1 7 5 , 0 J6

F l i n t & P e r e M a r .a ..F e b .
J a n . 1 t o F e b . 2 3 -----

2 0 3 ,1 2 5
4 3 3 ,4 1 6

2 5 6 ,2 7 6
4 9 8 ,3 3 4

1 7 ,8 9 7
6 3 ,6 3 3

G e o r g i a R R ............ - I T a F e b .
J a n . 1 t o F e b . 2 8 ----J u l y 1 t o F e b . 2 8 _____

1 3 9 ,5 3 9
2 7 2 ,9 7 8
1 ,0 8 6 ,5 1 4

1 4 5 ,3 4 0
2 6 2 ,0 9 1
1 ,1 5 2 ,5 8 1

4 1 ,9 8 1
6 9 ,1 2 9
3 1 8 ,7 6 0

3 3 ,3 3 8
5 0 ,3 a 2
2 7 2 ,0 ^ 3

0 a . S o u th ’n & F la .b ,.F e b .
J a u . 1 to F e b . 2 8 —
J u l y 1 t o F e b . 2 8 -----

7 7 ,2 5 6
1 5 2 ,1 0 2
5 5 4 ,7 3 1

6 1 ,4 5 1
1 2 5 ,1 5 1
5 2 7 ,0 1 9

1 7 ,7 2 3
3 5 ,2 2 5
1 5 1 ,3 6 7

1 9 ,7 1 7
3 3 ,0 3 4
1 8 9 ,5 7 9

0 r ’d R a p .f e I . s y s . . .H F e b .
J a n . 1 to F o b . 2 8 . . . .

1 9 1 ,8 2 4
4 2 0 ,2 4 3

2 1 1 ,4 4 5
4 5 8 ,4 9 6

481
4 2 ,8 6 0

6 7 ,5 6 9
1 1 4 ,0 9 2

G r a n d T r ’ k o f C a n . If F e b .
J a n . 1 t o F e b . 2 3 -----

2 6 2 ,7 5 9
5 5 6 ,3 6 5

£

£

£

7 2 ,6 1 8
1 3 4 ,0 6 3

£

2 8 9 ,6 3 )
5 8 2 ,2 4 6

3 5 ,1 5 2
8 3 ,2 7 1

5 7 ,2 3 3
1 1 4 ,0 3 3
1 3 ,1 4 2
2 6 ,7 8 6

C h ic . & G r a n d T r . f l F e h .
J a n . 1 to F e b . 2 8 —

5 0 ,2 0 7
1 0 5 ,1 4 8

6 2 ,9 3 6
1 2 8 ,7 2 2

1 ,3 7 2
7 ,9 0 6

D e t. G r . H . & M il. H . F e b .
J a n . 1 t o F e b . 2 8 _____

1 5 ,0 0 5
3 1 ,6 9 9

1 9 ,6 0 7
3 7 ,2 1 6

333
1 ,2 1 5

3 ,0 8 3
4 ,5 4 7

- G r e e n B a y W .& S t .P .. F e b .
J a n . 1 to F e b . 2 3 —
A u g . 1 to F e b . 2 3 —

3 7 ,5 7 5
7 6 ,3 0 0

......................

8 ,7 5 0
1 9 ,1 2 5
7 5 ,3 7 1

2 4 ,0 0 2

G u l f & C h ic a g o ..H b .F e b .
J a u . 1 t o F e b . 2 8 _____

4 ,0 5 4
7 ,4 1 2

4 ,1 9 1
6 ,6 7 0

H o o s .T u n . & W i lm .f iF e b .
J a n . 1 t o F e b . 2 8 _____

2 .2 7 7
5 ,1 1 6

d e f .3 1
d e f . 1 ,4 9 6

2 ,5 1 9
5 ,1 4 5

1 ,7 6 4
2 ,4 3 7
321
1 ,0 9 8

I l l i n o i s C e n t r a l .. a .. . F e b . 1 ,4 5 2 ,1 9 4
1 ,5 7 0 ,1 6 3
J a n . 1 to F e b . 2 3 . . . . 2 ,9 9 8 ,7 8 9
3 ,0 7 4 ,9 9 5
J u l y 1 to F e b . 2 8 . ..1 3 ,1 9 3 ,1 4 9 1 3 ,2 5 0 ,0 0 8

2 9 9 ,0 7 1
7 0 3 ,8 s 7
3 ,5 7 2 ,0 1 0

4 2 8 ,9 5 4
7 7 5 ,2 3 7
3 ,8 8 1 ,8 8 0

780
1 ,4 8 8

3 3 ,6 6 3
8 0 ,1 8 7
3 3 9 ,3 7 1

3 3 ,5 1 0
8 8 ,0 3 6
3 7 4 ,6 4 4

6 ,3 1 4
2 1 ,5 1 2
1 1 2 ,9 9 1

1 1 ,7 8 1
3 1 ,5 7 6
1 0 7 ,9 3 7

1 5 2 ,6 5 9
1 ,2 0 0 ,6 4 4

1 7 3 ,9 5 6
1 ,2 0 0 ,0 7 5

2 5 ,1 7 8
3 3 8 ,4 G t f

4 9 ,7 4 3
3 9 6 ,2 2 0

I r o n R a i l w a y — b ! ! ..F e b .
J a n . 1 t o F e b . 2 8 ----J u l y 1 t o J a n . 2 8 -----

2 ,9 40
5 ,5 6 5
2 6 ,4 3 6

2 ,3 8 3
4 ,6 8 5
2 0 ,9 5 3

450
356
853

55
194
2 ,1 1 2

K a n a w h a fe M i c h . b T ! F e b .
J a n . 1 to F e b . 2 8 —
J u l y 1 to F e b . 2 8 —

2 5 ,5 6 6 '
5 3 ,7 4 0
2 4 4 ,9 5 4

2 7 ,8 2 1
5 4 ,3 4 6
2 3 1 ,1 6 3

8 .7 6 3
1 8 ,7 4 9
8 3 ,8 6 1

6 ,5 9 5
1 3 ,2 0 2
6 3 ,3 2 1

K a n . C . C lin . & S p r .a F e b .
J a n . 1 to F e b . 2 8 . . .
J u l y 1 t o F e b . 2 8 _____

3 0 ,1 6 2
5 9 ,6 4 6
2 3 3 ,6 2 0

2 5 ,9 6 6
4 9 ,5 2 2
2 1 0 ,6 8 8

1 3 ,7 8 3
2 4 ,6 6 2
8 0 ,5 7 9

9 ,2 3 9
1 5 ,9 9 4
6 2 ,1 9 5

K a n . C . F t . S . & M ..a ,F e b .
J a n . 1 t o F e b . 2 3 _____
J u l y 1 t o F e b . 2 8 -----

4 4 1 ,9 8 0
8 7 3 ,9 4 1
3 ,5 5 4 ,0 2 7

4 2 0 ,3 4 4
8 4 2 ,0 8 1
3 ,4 2 3 ,3 5 6

1 2 6 ,8 5 2
2 5 3 ,9 8 5
1 ,0 3 3 ,4 2 8

1 0 4 ,5 2 5
2 0 1 ,9 5 5
1 ,0 4 1 ,3 4 8

K a n .C . M e m . & B ..a .F e b .
J a n . 1 to -F e b . 2 8 ....
J u l y 1 t o F e b . 2 8 -----

1 0 1 ,9 5 5
2 1 2 ,5 6 6
8 3 4 ,2 3 1

1 0 6 ,2 8 2
2 0 5 ,7 G 9
8 5 5 ,2 9 9

2 6 ,1 6 7
6 1 ,5 5 2
1 7 1 ,3 8 1

3 1 ,6 4 4
5 0 ,4 5 9
2 1 2 ,9 1 9

K e o k u k & W e s t ’l l . If b F e b .
J a n . 1 t o F e b . 2 8 _____

3 2 ,8 3 0
6 4 ,7 1 0

3 1 ,8 5 0
6 9 ,2 8 7

1 5 ,8 0 9
2 6 ,6 7 4

L . E r i e A l l . & S o u t h !] a F e b .
J a n . 1 t o F e b . 2 8 -----

7 ,0 9 1
1 5 ,0 5 9

6 ,4 0 4
1 2 ,5 0 7

1 ,0 2 8
3 ,1 3 3

1 1 ,7 5 0
2 9 ,2 8 7
1 ,9 4 1
3 ,0 1 0

2 8 9 ,2 0 4
5 6 0 ,8 7 2

2 6 3 ,3 2 5
5 4 8 ,6 0 4

1 2 3 ,2 5 7
2 2 6 ,5 8 3

1 0 2 ,6 7 2
2 2 0 ,0 9 7

L o u i s v . & N a s h v .b . .. F e b . 1 ,8 1 7 ,5 6 8
1 ,7 8 4 ,0 5 6
J a n . 1 t o F e b . 2 8 _____ 3 , 6 7 5 , 2 3 7
3 ,3 6 6 ,2 4 0
J u l y l t o F e b . 2 8 . . . . 1 5 ,3 6 0 ,1 6 6 1 4 ,4 2 7 ,4 1 3

7 0 9 ,1 5 4
1 ,3 9 6 ,7 7 5
5 ,9 0 8 ,0 9 7

6 9 0 ,7 1 0
1 ,1 3 8 ,8 6 2
5 ,1 5 1 ,3 2 9

4 9 ,6 4 4
^ 6 6 ,1 7 6

6 6 ,3 3 1
9 9 ,6 1 5
5 7 2 ,7 1 2

2 0 ,1 2 8
3 9 ,0 3 9
1 8 3 ,1 0 5

1 8 ,6 5 9
3 6 ,6 0 6
1 7 0 ,9 1 3

I n d .D e c . & W e s t ...U F e b .
J a n . 1 t o F e b . 2 8 ----J u l y 1 t o F e b . 2 8 _____
I o w a C e n t r a l ..............lb . J a n .
J u l y 1 to J a u . 3 1 —

L. E r i e &

W e s t ’n . b . U F e b .
J a n . 1 to F e b . 2 8 . . .

R o u is v . N . A . & C ...a .F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____

2 2 5 ,9 1 2
4 3 0 ,5 7 5
2 ,2 * 2 ,2 3 6

L o u is v . S t .L .& T e x .f f F e b .
J a n . 1 t o T e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____

5 0 ,4 1 6
1 0 1 ,0 8 7
4 3 7 ,2 9 8

2 2 3 ,2 4 1
4 3 1 ,0 4 9
1 ,9 9 9 ,7 1 6
5 5 ,2 0 5
1 0 7 ,7 0 9
4 0 6 ,1 1 1

[V

— Gross Ezrnings.-

ol.

L Y I.

-Xet Earnings. —

M a n i s t i q u e ........................! ! F e b .
J a n . 1 t o F e b . 2 8 _____

1893.
$
1 0 ,7 2 9
2 3 ,7 3 7

1892.
$
1 2 ,9 5 5
2 3 ,7 9 6

1893.
$
5 ,3 3 8
1 5 ,7 1 2

1892.
$
5 ,0 1 8
6 ,7 9 0

M e x i c a n C e n t r a l _____F e b .
J a n . 1 to F e b . 2 8 . . . .

6 ^ 1 ,7 7 1
1 ,2 3 6 ,4 3 1

6 0 7 ,3 5 1
1 ,2 2 0 ,3 7 3

1 9 3 .3 2 1
3 5 3 ,5 8 3

1 6 9 ,1 0 3
3 8 0 ,9 6 7

M e x i c a n N a t i o n a l ____ F e b .
J a n . 1 t o F e b . 2 8 _____

3 3 3 ,5 6 2
7 4 6 ,8 ^ 7

3 2 1 ,8 1 3
6 4 4 ,5 2 6

* 1 1 0 ,0 3 0
* 2 4 7 ,5 4 8

* 9 7 ,4 9 5
* 1 S 4 ,3 4 5

M ilw . & N o r t h .1 [ a . . .F e b .
J a n . 1 to F e b . 2 8 . . . .
J u l y 1 to F e b . 2 8 . . . .

1 1 5 ,4 6 7
2 4 7 ,0 4 5
1 ,1 6 0 ,9 7 0

1 2 1 ,9 6 2
2 3 9 ,5 2 9
1 ,2 0 8 ,2 2 9

1 3 ,2 5 1
4 2 ,2 4 2
3 6 3 ,2 9 4

3 4 ,5 6 9
4 8 .3 1 3
4 4 3 ,4 4 8

M in n . & S t L o u is .U a .F e b .
J a n . 1 t o F e b . 2 9 _____
J u l y 1 to F e b . 2 8 . . . .

1 2 6 ,3 7 5
2 5 3 ,3 3 1
1 ,3 6 8 ,L2 1

1 6 1 ,7 9 2
2 8 8 ,7 1 7
1 ,3 6 6 ,4 7 7

3 7 ,6 6 0
7 4 ,7 5 4
5 1 9 ,0 5 4

8 1 ,7 3 7
1 3 2 ,2 9 8
5 9 5 ,9 0 4

M in n . S t .P .f e S .S .M .H F e b .
J a n . 1 t o F e b . 2 8 _____

2 2 3 ,8 5 4
4 6 0 ,3 8 3

1 9 6 ,6 8 4
4 2 1 ,9 1 9

3 1 .0 7 5
4 5 ,6 7 7

5 1 ,4 2 3
1 1 6 ,4 3 0

M o . P a c . & I r o n M .* i b F e b .
J a n . 1 t o F e b . 2 8 _____

2 ,1 2 9 ,6 7 2
4 ,3 2 0 .2 J l

2 ,2 0 6 ,0 6 2
4 ,2 9 4 ,0 4 0

5 3 1 ,8 7 4
1 ,0 3 9 ,4 5 9

5 5 3 ,3 2 0
1 ,0 4 5 ,2 1 2

N a s h .C h .f e S t . L . ! f b .M a r .
J a n . 1 to M a r . 3 1 . . . .
J u l y 1 to M a r. 3 1 . . . .

4 3 3 ,1 1 5
1 ,2 7 4 ,3 7 8
3 ,9 4 3 ,8 0 2

4 1 9 ,4 9 8
1 ,2 5 2 ,0 8 3
4 ,1 2 3 ,2 2 1

1 6 4 ,1 7 4
4 9 8 ,5 8 3
1 ,5 5 8 ,1 1 1

1 5 1 ,4 6 1
4 6 B .5 5 2
1 ,5 9 6 ,9 3 3

Roads.

N e w O r l.& S o u t h ..a f l F e b .
J a i l . 1 t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____

1 1 ,5 2 3
2 4 .2 7 4
1 0 1 ,0 6 6

1 1 ,2 8 8
2 4 ,4 3 0
1 1 2 ,2 4 2

167
547
8 ,1 4 8

533
1 .9 5 S
7 ,6 9 7

N . Y . L . E . & W e s t e r n , c F e b . 2 ,1 0 0 ,4 3 2! 2 ,2 7 8 .6 2 3
J a u . 1 t o F e b . 2 8 ____ 4 , 2 9 5 , 3 4 4 : 4 , 4 6 5 . 1 9 3
O c t . 1 t o F e b . 2 3 _____1 2 , 1 7 6 , 2 1 7 1 2 , 6 6 1 , 9 2 5

6 3 9 ,6 4 1
1 ,1 8 5 ,4 0 1
3 ,9 1 9 ,3 1 4

6 5 8 ,7 6 7
3 ,1 1 3 ,0 0 4
3 .8 2 5 ,4 2 3

N .Y . O n t. & W e s t , a . . F e b .
J a n . 1 to F e b . 2 3 . . . .
J u l y 1 to F e b . 2 3 . . . .

2 t l,7 9 6
5 0 9 ,2 3 4
2 ,3 9 1 ,4 7 7

2 1 7 .8 2 1
4 1 9 ,1 1 0
2 ,0 9 2 ,9 6 0

2 1 ,9 7 5
6 3 ,9 6 3
5 8 5 .6 8 1

3 0 ,7 0 9
5 3 ,6 9 6
5 1 1 ,6 2 8

N . Y . S u s . & W e s t . .b F e b .
J a n . 1 to F e b . 2 8 —

1 0 4 ,3 9 1
2 1 8 ,9 5 9

1 1 3 ,8 5 1
2 2 7 ,7 8 3

3 2 ,4 0 6
7 9 ,5 6 2

4 2 ,0 9 0
9 2 ,2 5 8

N o r f o lk * S o u th ’ n .! ! ..F e b .
J a n . 1 to F e b . 2 3 . . . .

3 5 ,4 8 4
5 4 ,7 0 5

2 9 ,9 0 8
' 5 8 ,9 1 6

1 2 ,3 0 1
1 3 ,0 5 3

6 ,3 8 3
1 3 ,6 4 7

N o r fo lk & W e s t e r n ., a F e b .
7 6 5 ,4 1 8
J a n . 1 to F e b . 2 9 . . . 1 ,4 4 9 ,1 6 5

7 7 0 ,6 9 2
1 ,4 7 0 ,9 5 4

1 6 5 ,3 7 3
2 5 4 ,8 0 5

2 0 5 ,1 8 3
3 7 2 ,2 5 9

N o r t h e r n C e n t r a l . b .F e b .
J a n . 1 to F e b . 2 8 . . . .

5 7 6 ,0 1 4
1 ,1 2 5 ,9 5 4

1 4 9 ,0 3 7
2 5 3 .5 8 3

1 8 5 ,3 8 3
3 1 3 ,3 1 9

N o r t h e r n P a c i f i c . b . F e h . 1 ,1 8 2 ,9 1 1
1 ,5 3 8 ,0 1 8
J a u . 1 to F e b . 2 8 . . . . 2 ,5 0 6 ,1 4 5
2 ,9 8 5 .3 5 2
J u l y 1 t o F e b . 2 8 . . . . 1 6 ,7 9 3 ,7 0 9 1 7 ,2 3 6 ,8 8 5

2 6 0 ,5 6 0
5 L 0 .6 3 7
6 ,9 5 9 ,7 4 0

5 3 6 ,0 7 7
8 6 5 ,0 7 8
7 ,2 2 0 ,2 2 3

4 0 8 ,3 0 7
7 6 2 .1 5 7
3 ,6 6 3 ,7 3 1

6 6 .3 3 5
1 1 3 ,6 2 2
1 ,3 9 4 ,1 1 7

1 1 9 ,0 5 9
1 8 4 ,4 5 6
1 ,3 5 6 ,6 4 4

T o t .b o t h C o .’ s .! ] b .F e b . 1 .5 2 3 ,0 1 7
1 ,9 4 6 ,3 2 6
J a n . 1 to F e b . 2 8 . . . . 3 ,2 0 4 .2 9 7
3 ,7 4 7 ,5 1 0
J u l y 1 t o F e b . 2 8 . . . .2 0 ,6 5 2 ,2 2 7 2 0 ,9 0 0 ,6 1 7

3 2 6 ,9 4 5
6 2 1 ,2 5 9
8 ,3 5 3 ,8 5 7

6 5 5 ,1 3 7
1 ,0 4 9 ,5 3 5
8 ,5 7 6 ,8 6 8

3 3 2 ,5 2 3
6 9 2 .0 9 7
2 ,9 7 9 ,9 0 8

1 0 4 .4 7 7
2 1 0 ,1 7 8
9 1 2 ,1 1 2

6 1 ,3 9 6
1 4 0 ,6 3 2
8 1 9 ,0 3 1

W i s . C e n t , l i n e s . TT b . F e b .
J a n . 1 to F e b . 2 8 . . . .
J u l y 1 to F e b . 2 8 . . . .

5 3 7 ,4 1 3
1 ,0 5 9 ,1 3 1

3 4 5 ,1 0 6
6 9 3 ,1 5 1
3 ,8 5 3 ,5 1 7

O h i o * M i s s i s s i p p i IT a F e b .
3 5 3 ,9 5 9
J a u . 1 to F e b . 2 8 . . . .
7 2 2 ,3 5 6
J u l y 1 to F e b . 2 3 . . . . 2 .9 5 3 ,9 7 3
O h io R i v e r ................. H b . F e b .
J a n . 1 to F e b . 2 3 . . . .

5 0 ,9 9 4
1 1 0 ,7 4 3

4 6 ,2 2 L
9 1 ,2 7 3

1 4 ,0 2 4
3 7 ,0 3 7

1 6 .3 3 4
3 2 ,9 1 5

O re g o n Im p . C o .a ..U F e b .
J a u . 1 to F e b . 2 8 . . . .
D e c . 1 to F e b . 2 8 . . . .

2 4 8 ,2 1 5
5 1 4 ,1 5 1
8 1 5 ,7 9 7

2 5 6 ,1 0 7
5 5 1 ,8 8 5
8 4 9 ,7 2 3

2 4 ,4 6 9
4 3 ,9 2 1
9 3 ,6 0 3

3 0 ,0 1 1
8 4 ,7 3 3
1 2 5 ,0 2 0

P e n n , (e a s t P . & E .) ..F e b .

5 ,1 2 7 ,0 3 8

5 ,2 0 7 ,0 9 7
1 0 ,2 2 6 ,8 3 8

1 ,2 3 6 .3 6 0
1 ,7 3 6 ,6 6 5

1 ,5 7 1 ,9 3 1
2 ,6 4 6 ,4 8 3

L in e s w e s t P . & E ..F e b .
J a n . 1 t o F e b . 2 8 _____

D ec.
D ec.

2 0 3 ,9 4 4
2 5 9 ,7 2 6

D ec.
D ec.

4 1 9 ,7 9 6
6 7 4 ,0 6 6

P e t e r s b u r g ....................a! ! F e b .
J a n . 1 to F e b 2 8 . . . .
J u l y 1 to F e b . 2 8 . . . .

4 7 ,6 0 1
8 4 ,2 9 8
3 3 3 ,0 7 4

4 9 ,6 1 9
8 7 ,1 7 3
3 2 5 ,8 6 8

2 1 .4 9 3
3 3 ,7 1 4
1 4 4 ,7 1 6

2 7 ,1 6 1
4 3 ,3 3 0
1 5 9 ,6 0 3

P h ila d e lp h ia & E r i e . F e b .
J a n . 1 to F e b . 2 8 . . . .

3 2 2 ,5 7 3
6 4 3 ,9 7 7

3 5 4 ,2 8 6
7 1 3 ,9 6 1

6 7 ,5 4 7
1 0 0 ,7 3 7

1 0 5 ,4 2 5
1 9 3 ,6 8 8

P h ila . & R e a d i n g .. . F e b . 1 ,6 3 1 ,3 4 7
J a n . 1 to F e b . 2 8 . . . . 3 ,1 3 7 ,1 2 8
D e c . 1 t o F e b . 2 8 _____ 5 , 1 0 5 , 4 9 5

1 ,7 8 8 ,7 7 4
3 ,5 1 5 ,9 8 9
5 ,3 9 7 ,5 1 1

4 2 4 ,1 6 2
7 4 6 ,9 2 2
1 ,6 6 3 ,8 5 7

7 6 2 ,8 0 6
1 ,5 0 5 ,5 1 6
2 ,4 1 3 ,2 0 1

1 ,7 7 8 ,0 2 3 d f .1 6 6 ,5 2 4 d e f .3 5 ,3 6 t
3 ,3 1 0 ,0 6 9 d f . 2 7 5 , 1 0 2 d e f .2 6 ,1 0 0
4 6 ,2 2 4
5 , 0 9 4 , 4 9 2 d f . 1 7 5 ,7 9 9

C o a l & I r o n C o ............ F e b . 3 , 4 4 7 , 5 2 8
J a n . 1 to F e b . 2 8 . . 8 ,7 6 6 ,6 4 1
D e c . 1 to F e b . 2 8 ..1 2 ,0 8 4 ,3 7 7

3 ,5 6 6 ,8 0 2
T o t a l b o t h C o ’ s . . . . F e b . 5 ,0 7 8 ,8 7 5
J a n . 1 to F e b . 2 3 - .1 1 .9 0 3 ,7 6 9
6 ,8 2 6 ,0 5 7
D e c . 1 t o F e b . 2 8 . - 1 7 , 1 8 9 , 3 7 2 1 0 ,4 9 2 , 0 0 3
L e h i g h V a l l e y .............. J a u .
D e c . 1 to J a u . 3 1 ..
P it t s . C . C . & S t. L . H M a r.
J a u . 1 t o M a r . 3 L -----

1 .2 3 3 ,0 1 5
3 ,0 4 3 ,5 7 0
In c .
D ec.

1 ,2 9 2 ,4 5 4
2 ,9 0 2 ,6 8 9
7 3 ,7 3 5
1 2 6 ,0 1 6

2 5 7 ,6 3 9
4 7 1 ,3 2 1
1 ,4 8 8 ,0 5 9

7 2 7 ,4 4 6
1 .4 7 9 ,4 1 7
2 ,4 5 9 ,4 2 5

1 2 6 ,6 5 0
7 1 6 ,1 2 3

1 5 0 ,0 5 3
5 5 0 ,9 8 5

D eo.
D ee.

1 2 ,9 3 8
3 6 4 ,0 7 4

P it t s .M a r . & C h ic ..! ! b F e b .
J a n . 1 t o F e b . 2 8 _____

3 ,0 7 3
6 ,3 8 1

3 ,2 8 6
6 ,4 0 8

550
1 ,2 9 3

601
d e f .6 5

P i t t s . Y o u n g s .f e A ..! ! M a r .
J a n . 1 t o M a r . 3 1 _____

1 0 0 ,7 1 7
2 5 0 ,7 5 5

9 9 ,1 8 3
2 7 1 ,9 0 0

3 4 ,9 7 7
6 7 ,5 6 0

3 6 ,8 3 0
9 4 ,5 1 0

Q u in . O m . & K . C .b f l M a r .
J a n . 1 t o M a r . 3 1 _____

2 4 ,9 8 9
6 6 ,6 8 4

2 3 ,3 0 2
7 1 ,6 5 5

1 0 ,1 5 4
2 7 ,4 3 1

7 ,4 0 1
2 5 ,3 8 3

R i c h . & P e t e r s b ’g a l t . F e b .
J a n . 1 t o F e b . 2 3 _____
J u l y 1 t o B 'e b . 2 8 _____

2 8 ,2 1 6
5 3 ,4 7 5
2 2 7 ,9 5 1

2 9 ,0 5 5
5 3 ,2 9 3
2 1 2 ,7 9 0

8 ,4 / o
1 5 ,4 1 1
7 3 ,1 5 9

8 ,7 9 4
1 3 ,2 2 9
5 4 ,8 0 9

R i o G r a n d e S o u t h .! ! b F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 to F e b . 2 8 —

4 7 ,4 7 2
1 0 7 ,9 7 8
5 1 9 ,8 5 4

4 0 ,7 5 7
8 2 ,8 9 4
2 8 7 ,4 7 0

2 1 ,6 7 5
5 2 ,4 9 2
2 6 1 ,5 7 8

2 0 ,8 0 5
4 2 ,6 1 9
1 6 2 ,0 7 7

R io G ra n d e W e s t .b ...F e b .
J a u . l t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____

1 4 7 ,9 2 1
2 9 7 ,8 1 7
1 ,6 8 3 ,2 6 7

1 6 2 ,3 6 2
3 4 5 ,6 3 8
1 ,7 9 1 ,6 7 3

3 8 ,4 1 8
7 4 ,2 1 2
6 0 0 ,5 6 7

4 5 ,5 0 1
9 9 ,6 8 3
6 8 9 ,5 4 5

S a g .T u s .f e H u r o n . ! ! a F e b .
J a n . 1 t o F e b . 2 8 _____

8 ,2 0 7
1 6 ,6 7 6

6 ,9 9 1
1 4 ,2 6 5

2 ,6 6 5
5 ,3 5 7

2 ,0 8 0
4 ,3 4 7

S a g . V a lle y & S t . L ...F e b .
J a n . 1 t o F e b . 2 8 _____

6 ,3 0 5
1 3 ,4 0 4

6 ,9 2 8
1 3 ,3 4 1

878
1 ,9 0 0

883
1 ,6 2 7

S t. L . A . & T . H ,b .,..J a n .

1 3 8 ,1 7 9

1 1 3 ,6 3 1

5 7 ,0 9 4

5 0 ,2 1 6

S t. P a u l & D u l — b !!F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 to F e b . 2 8 . . . .

1 1 2 ,5 7 3
2 4 4 ,0 6 6
1 ,5 2 1 ,8 9 1

1 3 0 ,7 7 8
2 5 2 ,1 8 0
1 ,3 3 3 ,8 0 6

1 5 ,4 9 4
5 7 ,8 2 6
5 8 5 ,2 6 9

6 1 ,5 6 0
1 0 1 ,7 9 1
5 4 8 ,0 0 5

8 a n d e r s .iT . a
if F e b .
Ja
$ F e b . 2 8 _____

633
1 ,1 5 8

498
965

26
142

d e f .1 4 4
d e f .2 3 1

S a n F r a n . f e N .P a c .a M a r .
J a n . 1 t o M a r . 3 1 _____
J u l y 1 t o M a r . 3 1 -----

5 1 ,4 8 3
1 6 4 ,4 2 4
6 5 6 ,2 1 9

6 0 ,5 3 3
1 5 8 ,1 8 8
6 6 7 ,3 2 2

2 ,6 5 4
2 2 ,4 2 7
2 2 0 ,7 5 4

1 2 ,4 1 7
1 8 ,7 2 2
2 4 1 ,8 3 1
d e f .9 1 6
d e f .1 ,7 8 9

S l l v e r t o n ..............................! ! F e b .
J a n . 1 t o F e b . 2 8 -----

N il.
6 ,0 7 3

340
6 ,8 6 0

N il.
2 ,4 0 0

S o u t h B o u n d ...............a l i F e b .
J a n . 1 t o F e b . 2 8 _____

2 2 ,8 0 0
4 1 ,3 8 3

1 4 ,7 7 7
2 5 ,1 9 7

7 ,1 0 9
9 ,3 5 8

1 ,4 7 3
d e f .9 9 1

S o u th C a r o li n a ...I T b F e b .
J a n . 1 t o . F e h . 2 8 _____
N o v . 1 to F e b . 2 8 . . . .

1 5 5 ,8 2 9
2 8 7 ,7 1 1
5 2 5 ,1 2 8

1 4 7 ,0 5 3
2 5 8 ,3 9 5
5 2 2 ,8 3 8

6 6 ,4 7 5
1 1 5 ,9 9 8
1 8 2 ,2 2 0

5 3 ,2 5 5
7 3 ,4 3 1
1 6 4 ,1 2 2

A

p r il

THE CHRONICLE.

2 3, 1 8 8 3 .]

-Gross Earning*.----- s ,------ Net Earning*.Roads

1893.
$

1892.
$

1893.
$

also report charges for interest, &c., with the surplus or deficit
above or below those charges.

] 892.
$

Inter* t, rental*,

S o u t h e r n P a c i f i c C o .—
G a l . H . & S . A u t . T f l> F e b
J a n . 1 to F e b . 2 8 ..

3 3 3 ,4 2 7
7 2 9 ,9 0 1

3 3 3 ,7 5 4
6 9 3 .1 8 1

9 3 ,9 7 1
1 6 7 ,8 1 9

4 7 ,6 7 4
1 4 2 ,0 9 9

L o u i s i a n a W e s t . 11 b F e b
J a n . 1 to F e b . 2 8 .

9 5 ,1 9 3
2 0 5 ,6 2 0

9 0 ,9 2 2
1 8 7 ,5 9 0

4 0 ,4 1 9
9 7 ,7 5 6

4 7 ,9 9 1
9 1 ,0 4 3

M ’g a n ’ s L a . & T . 1TbFob
J a n . l to F e b . 2 8 ..

4 1 2 ,4 8 7
9 3 1 ,9 1 0

4 1 8 ,2 7 1
8 9 2 ,1 6 9

8 3 ,2 8 3
2 3 6 ,6 3 7

9 0 .2 5 8
2 1 9 ,1 0 1

N .Y . T e x . & M . .IT b .F e b .
J a n . 1 to F e b . 2 8 ..

1 5 ,0 5 0
3 3 ,9 1 5

1 5 ,2 0 4
3 3 ,7 3 4

1 ,6 1 2
5 ,5 4 7

3 ,6 8 4
8 ,8 7 2

T e x a s <fc N . 0 . 1 T b . . F e b
J a n . 1 to F e b . 2 8 ..

1 5 5 ,8 6 1
3 0 9 ,6 4 3

1 3 9 ,1 4 7
2 7 1 ,8 1 5

7 2 ,4 9 1
1 4 5 ,5 4 1

5 8 ,7 3 6
1 1 0 ,6 3 1

A t l a n t ic s y s t e m ||b F e b .
J a n . 1 to F e b . 2 8 ..

1 .0 5 3 ,9 5 3
2 ,2 4 7 .7 7 3

1 ,0 1 1 ,5 S 8
2 ,1 1 1 ,0 2 0

2 9 4 .2 1 1
6 6 6 ,9 3 9

2 5 0 ,5 6 6
5 8 1 ,3 2 9

P a c if ic s y s t e m .b ...F e b .
J a n . 1 to F e b . 2 8 ..

2 .4 7 3 ,4 2 1
5 ,0 7 4 ,2 L 0

8 1 7 .9 0 5
1 ,6 6 5 ,7 4 0

8 0 3 ,5 2 1
1 ,4 6 2 ,9 8 1

T o t a l o f a l l . b _____F e b .
J a n . 1 to F e b . 2 8 .

3 ,5 2 7 ,3 7 9
7 ,3 2 1 ,3 8 3

2 ,4 0 9 ,2 8 9
4 ,8 2 6 ,4 9 8
3 ,4 2 0 ,8 7 7
6 ,9 3 7 ,5 1 7

1 ,1 1 2 ,1 1 6
2 ,3 3 2 ,6 8 0

1 ,0 5 4 ,0 8 7
2 ,0 4 4 ,3 1 1

S o u th e rn P a c if ic R R .—
C o a s t D iv is io n . b fl F e b .
J a i l . 1 to F e b . 2 8 - .

1 5 8 ,3 2 1
3 2 5 ,4 1 6

1 4 2 ,3 3 4
2 8 0 .4 0 9

6 5 ,6 4 1
1 3 9 ,6 3 7

4 9 ,8 9 1
9 3 ,4 0 2

S o u t h ’n D i v i s ’ n .b IT F e b
J a n . 1 to F e b . 2 8 ..

6 2 7 .2 0 5
1 ,2 9 1 ,2 8 5

5 3 4 ,0 1 6
1 ,1 1 0 ,5 7 5

2 4 4 ,1 7 3
5 1 1 ,6 3 7

1 7 9 ,6 0 8
3 8 2 ,7 9 3

A r i z o u a D i v i s ’ n . b IT F e b .
J a n . l to F e b . 2 8 ; .

1 7 8 .1 0 0
3 6 5 ,5 1 1

1 4 3 ,5 5 8
3 0 7 ,3 6 4

6 2 ,7 5 9
1 2 7 ,3 0 2

2 7 ,4 7 0
3 6 ,6 8 8

N e w M e x . D iv .- .b lT F e b .
J a n . 1 to F e b . 2 3 ..

8 8 .2 2 0
1 7 6 ,9 1 9

7 6 ,5 7 5
1 6 2 ,7 0 2

4 2 ,4 5 9
7 9 ,3 9 3

3 4 ,3 4 9
7 3 ,0 9 1

B t a t e n I.R a p id T r .b IT F e b .
J a n . 1 t o F e b . 2 3 _____
J u l y 1 to F e b . 2 3 . . . .

5 3 ,3 5 3
1 L 3 .3 5 1
7 1 1 ,2 5 6

5 6 ,8 6 9
1 1 2 ,2 5 9
6 9 9 ,7 5 4

1 ,9 2 7
7 ,5 1 5
2 3 9 ,1 2 9

2 ,1 5 6
8 ,9 9 4
2 4 0 ,5 9 3

S t o n y C l . & C . M .. b 1 T F e b .
J a n . 1 t o F e b 2 3 _____
J u l y 1 t o F e b . 2 3 _____

1 ,2 6 1
2 ,6 5 6
4 7 ,5 6 2

1 ,2 4 1
2 ,3 4 8
4 3 .6 7 1

d e f. 9 7 5
d e f . 1 ,8 6 3
2 6 ,0 5 3

d e f. 1 0 6
d e f. 6 5 7
2 5 ,7 4 6

S u m m i t B r a n c h ----- IT M a r .
J a n . 1 t o M a r . 3 1 -----

1 0 2 ,4 * 8
3 2 2 ,3 7 1

1 1 7 ,6 8 8
3 1 3 ,8 6 2

d e f.6 ,4 1 8
6 2 ,8 9 9

3 ,3 6 9
4 0 ,1 7 4

L y lr e n s V a lle y ..- I T M a r .
J a n . 1 to M a r. 3 1 . . .

9 1 ,3 1 9
2 5 9 ,3 2 4

8 5 ,1 1 8
2 3 2 ,7 6 7

d e f .5 ,4 1 9
3 7 ,8 6 6

5 ,1 6 0
2 1 ,3 0 0

T o t a l b o t h C o ’ s . . IT M a r .
J a n . 1 t o M a r . 3 1 _____

1 9 3 ,8 0 6
5 8 1 ,6 9 4

2 0 2 ,8 0 5
5 4 6 ,6 2 9

d e f .1 1 .8 3 7
1 0 0 ,7 6 6

8 ,5 2 9
6 4 ,4 7 5

7 8 ,5 0 0
1 4 4 .5 0 0
4 ,7 1 1
1 3 ,6 0 5

3 .7 2 5
1 1 ,6 7 0

1 ,9 5 2
4 ,4 6 2

803
3 ,0 5 1

T o le d o & 0 . C e n t .b t - .F e b .
J a n . 1 t o F e > .« 2 3 _____
J n l y 1 t o F e b . 2 3 _____

1 6 7 ,7 2 6
3 3 5 ,9 7 2
1 ,4 6 5 ,4 5 3

1 2 5 ,3 7 8
2 6 7 ,5 2 2
1 ,2 8 4 ,4 5 0

5 6 ,9 7 4
1 2 0 .U 4 7
5 2 9 ,7 7 7

3 3 ,3 5 5
7 6 ,9 3 5
4 3 8 ,7 7 8

T o l.P e o r ia & W e s t .b t f F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____

7 4 ,4 0 0
1 5 5 ,8 4 4
6 8 0 ,4 0 9

8 3 ,3 4 6
1 7 1 ,7 1 3
7 1 7 ,8 0 9

1 6 ,5 8 3
3 5 ,9 0 2
1 7 9 ,5 6 6

2 4 ,9 2 6
5 1 ,2 8 6
2 1 7 ,5 9 2

T e x . S a b .V . & N . W .IT M a r .
J a n . 1 to M a r . 3 1 . . .

665

T o l. & S o u th H a v e n H J a n .

1 ,0 7 9

1 ,5 3 2

d o f .5 1 9

2

U l s t e r & D e l a w ’ e .b H F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 t o F o b . 2 3 _____

2 0 ,6 0 2
4 2 ,4 3 4
2 9 5 ,4 5 7

2 2 ,5 1 2
4 2 ,5 9 2
2 7 1 ,2 0 5

3 ,4 4 0
6 ,1 8 2
1 0 1 ,0 9 8

4 ,3 6 3
5 ,1 1 6
9 5 ,8 0 3

U n io n P a c if ic —
O r e g .S .L .& U .N . IT b F e b .
J a n . 1 to F e b . 2 3 ..

3 3 2 ,9 8 2
8 1 6 ,0 3 3

4 5 3 ,4 5 7
9 3 7 ,2 0 5

9 3 ,2 9 9
2 1 5 ,5 4 4

1 4 4 ,5 1 1
2 9 6 ,6 5 3

O r e .R y .& N .C o .IT b F e b .
J a n . 1 to F e b . 2 8 ..

2 5 0 ,3 5 4
5 3 8 ,4 4 2

2 7 2 ,3 6 6
5 5 7 ,1 8 5

1 8 ,4 3 2
5 7 ,0 3 0

5 ,9 0 1
3 6 ,8 0 2

U r .P .D .& G u lf ..I T b F e b .
J a n . 1 to F e b . 2 3 ..

4 6 7 ,1 0 7
9 5 2 ,2 5 1

3 9 1 ,9 0 6
8 3 4 ,9 5 0

9 9 ,9 5 3
2 3 9 ,1 6 6

5 4 .2 9 0
1 3 7 ,6 6 1

n

Hal. of Net Earns

1 8 9 2 -3 .
$
C a m . & A t l. & B r s .- F e b .
8 ,9 5 8
J a n . 1 t o F e b . 2 8 _____
1 6 ,6 2 2

1 3 9 1 -2 .

N a s h . C h a t t . & S t. L .M a r .
J a n . 1 t o M a r . 3 1 _____
J u l y 1 to M a r. 3 1 . . . .

1 3 0 ,7 0 4
3 8 * ,6 3 0
1 ,1 1 6 ,4 0 3

1 2 1 ,4 2 4
3 5 2 ,6 9 2
1 .1 3 0 ,6 6 1

P e o r ia & E a s t e r n .. .F e b .
J u l y 1 t o F o b . 2 8 -----

3 6 ,8 0 1
2 9 4 ,4 1 6

3 7 ,8 7 2
3 0 3 ,0 2 9

d e f .3 3 ,2 0 >
d e f . 6 8 ,2 8 1

S a n F r a n . & N o . P a c .F e b .
J u l y 1 t o F e b . 2 9 _____

1 7 ,4 5 0
1 5 7 ,0 8 8

1 7 ,1 8 3
1 5 4 ,6 8 2

d e f . 1 2 ,6 9 2
6 3 , 0 tf 9

d e f . 1 5 ,1 3 6
8 7 ,1 4 9

W e st J e r s e y & B r s ..F e b ,
J a n . 1 t o F e b . 2 8 _____

1 6 ,9 6 4
3 3 ,9 2 9

1 6 ,9 6 4
2 ,5 5 6
3 3 , 9 2 9 d e f . 4 1 ,5 8 4

6 ,5 9 2
d e f .2 5 ,1 1 7

Road*.

N o r. P a o . & W is . C e n t .—
G r o s s e a r n i n g s ........................
O p e r a t in g e x p e n s e s
N e t e a r n i n g s ...........................
M is c e lla n e o u s I n c o m e ..
T o t a l n e t i n c o m e _____

9 ,1 0 7
1 7 ,5 2 9

1 8 9 2 -3 .

1 9 9 1 -2 .

d e f . 1 4 .7 4 9 d e f . 1 4 .5 2 0
d c f .3 9 ,6 5 3 d e f .4 3 ,5 1 1
3 3 ,4 7 1
1 1 6 .9 5 3
4 4 1 ,7 0 3

3 0 ,0 3 8
1 1 3 .3 6 0
4 6 6 ,2 7 2
3 ,3 8 7
6 1 ,2 1 0

— February.--------*,— July 1 to Feb. 2 8 . — v
1893.
1892.
189 3 -2 .
1 8 9 2 -1 .
$
$
$
$
1 ,5 2 8 ,0 1 7
1 ,9 4 6 ,3 2 6 2 0 ,6 5 2 ,2 2 7 2 0 ,9 0 0 ,6 1 7
1 ,2 0 1 ,0 7 2
1 ,2 9 1 ,1 8 9 1 2 ,2 9 8 ,3 7 0 1 2 ,3 2 3 ,7 4 9
3 2 6 ,9 4 5
1 7 0 ,6 8 8

6 5 5 ,1 3 7
1 8 1 ,9 5 0

8 ,3 5 3 ,8 5 7
1 ,4 2 6 ,5 6 9

8 ,5 7 6 ,8 6 8
1 .2 3 3 ,0 1 8

4 9 7 ,6 3 3
1 ,0 9 6 ,4 3 3

8 3 7 ,0 8 7
1 ,1 2 7 ,0 3 9

9 .7 8 0 ,4 2 7
9 ,4 5 6 ,8 5 0

9 ,8 0 9 ,9 1 2
8 ,8 1 6 ,1 9 0

d f .5 9 8 .8 0 0 d f .2 8 9 ,9 5 2

3 2 3 ,5 7 6

9 9 3 ,7 2 3

ANNUAL REPORTS.
Philadelphia & Reading Railroad.

CF o r the yea r en d in g N ov. 30, 1893.)
Tho annual report in pamphlet form has just come to
hand. The report of President McLeod and a brief statement
of income account were published in the C h r o n i c l e of Jan.
14, on page 80. The affairs of Reading are of so great interest'that it seems desirable to give to the readers of the C h r o n 
i c l e all possible information concerning the company’s finan
ces, and the condensed balance-sheet as of Nov. 30 1892 is pre
sented below, to whichhas been added the corresponding state
ment for 1891. The increase or decrease in important items
during the year may thus be noted, and it will be observed that
no dilference of any consequence is made in the amount of pre
ferred income bonds outstanding, and therefore if the issue of
the third preferred incomes was considerably increased, as
many reports have asserted, it is presumed that the increase
was considered as belonging to the compauy, and therefore not
technically outstanding, although possibly pledged for loans,
or it may be that the isme was increased after the close of the
fiscal year.
In regard to other items of debt, an increase of $3,481,539
was made in the general mortgage bonds, while $1,405,100 of
debenture loans practically disappear from the funded debt,
and $7,258,000 of the Terminal RR. loan now comes on the
balance sheet for the first time.
The comparative statemeat for Nov. 30 in 1391 and 1893 is
as follows:

S t. J o s . & G d .Is l.lf b F e b .
J a n . 1 to F e b 2 8 . .

1 0 5 ,7 0 6
2 2 1 ,6 7 3

9 3 ,9 7 5
1 9 0 ,5 8 8

4 2 ,0 8 3
8 9 ,4 4 9

4 2 ,2 7 7
8 4 ,2 2 9

A l l o t h e r lin e s ..I T b F e b .
J a n . 1 to F e b . 2 8 ..

1 ,5 4 4 ,3 6 3
3 ,2 5 9 ,7 0 5

1 ,5 7 0 ,4 0 7
3 ,3 1 2 ,6 5 1

4 9 0 ,8 4 9
1 ,0 6 3 ,6 9 1

5 3 3 ,7 6 4
1 .1 6 2 ,4 4 6

P h il a d e l p h ia . *

T o t .U n .P a c .s y s .lT b F e b ,
J a n . 1 to F e b . 2 3 ..

2 ,7 5 0 ,4 1 2
5 ,7 8 8 ,1 0 5

2 ,7 8 2 ,1 1 1
5 ,8 3 2 ,5 7 9

7 4 9 ,5 9 9
1 ,6 8 4 ,9 3 1

7 8 0 ,7 4 3
1 ,7 1 7 ,7 9 1

C e n . B r .& L e .L - .U b F e b .
J a n . 1 to F e b . 2 8 ..

9 0 ,9 3 9
1 9 4 ,1 8 2

9 6 ,0 1 8
2 1 1 ,5 4 3

3 3 ,9 4 9
7 8 ,3 2 4

3 3 ,1 6 8
9 3 ,5 8 6

M o n t a n a U n i o n . b IT F e b .
J a n . 1 to F e b . 2 8 ..

3 0 ,3 0 7
6 7 ,0 5 1

9 1 ,6 0 3
1 8 2 ,8 2 3

d e f .3 ,1 2 8
d e f .7 ,5 6 0

1 8 ,3 6 1
3 4 ,6 0 0

1892.
$ 3 0 ,6 7 3 ,5 1 0
2 1 ,7 0 2 ,7 7 2
7 ,0 8 8 ,1 0 3
1 ,7 0 7 ,4 2 9

L e a v .T o p .& S .W IT b F e b ,
J a n . 1 to F e b . 2 3 ..

2 ,2 6 5
4 ,7 2 3

2 ,2 0 4
4 ,2 8 6

d e f.3 ,1 2 2
d e f. 4 ,1 9 7

d e f . 1 ,4 2 4
d e f .3 ,4 3 0

M a n . A l m a & B . . H to F e b .
J a n . 1 to F e b . 2 8 ..

3 ,3 6 2
6 ,9 3 0

2 ,7 0 5
5 ,7 1 9

d e f. 2 1 3
d e f.1 ,8 7 6

d e f. 991
d e f . 1 ,5 0 1

2 ,8 5 8 ,4 1 8
6 ,0 2 1 ,6 4 0

2 ,9 2 6 ,4 1 5
6 ,1 4 0 ,5 4 3

7 8 0 ,3 1 6
1 ,7 3 6 .4 3 9

8 2 6 ,8 8 3
1 ,8 2 6 ,2 1 2

Capital Accounts—
1891.
R a i l r o a d s , w h a r v e s a n d t e r m i n a l s ........................ $ 3 0 , 2 6 1 , 1 1 2
L o c o m o t i v e s , e n g i n e s a n d c a r s ...................................
1 8 .6 6 6 ,7 1 0
R e a l e s t a t e o w n e d .........................................................................
4 ,9 2 0 ,6 9 3
S t e a m o o llie r s a n d f lo a t in g e q u ip , o w n e d ..
1 ,2 9 1 ,2 4 3
I n v e s t m e n t o f R R . C o . i n C o a l & I r o n C o .,
r e p re s e n te d b y s t o c k , b o n d s & a c c o u n t s ..
6 9 ,4 5 3 ,1 8 1
R a ilr o a d a n d c a n a l le a s e s u n d e r r e o r g a n i
z a t i o n p l a n ( S c h u y l k i l l N a v . C o ., S u s q u e l i .
C a n a l C o ., C o l e b r o o k d a l e R R . C o . , P i o k o r i n g V a l . R R . C o . ) ................................................................ ...
9 ,3 4 1 ,1 6 1
R o n d s a n d s t o c k s o w n e d b y c o m p a n y ............
2 2 ,6 6 9 ,0 0 0
B o n d s a n d s t o c k s o f le a s e d lin e s d e p o s it e d
w i t h P e n n . C o . f o r I n s . , e t o ., t r u s t e e _____
2 ,4 6 6 ,7 7 7

1 3 ,5 5 6
2 5 ,8 5 9
1 3 1 ,9 2 8

3 ,6 2 2
4 .3 1 7
5 S ,9 L 8

3 ,5 8 1
7 ,9 0 6
6 0 ,7 2 6

1 ,0 1 9 ,8 4 6
1 ,0 8 7 ,8 5 0
2 ,0 8 3 ,6 7 5
2 ,2 1 6 ,0 1 0
9 ,7 7 0 ,0 5 9 1 0 ,1 2 3 ,2 8 0

2 2 6 ,4 0 4
3 9 4 ,9 0 0
2 ,4 2 3 ,7 1 6

2 2 2 ,1 5 2
4 4 3 ,8 6 7
2 ,6 4 5 ,4 9 0

$ 2 0 9 ,0 6 9 ,8 - 2
9 6 1 ,8 7 3
1 0 4 ,6 1 3
1 ,0 0 4 ,7 0 1
8 0 1 ,3 0 5
2 ,6 1 .i,8 7 4
.
3 7 0 ,4 9 9
.
2 9 8 ,8 7 8

$ 2 1 9 ,5 9 8 ,5 5 3
1 ,0 6 3 ,0 5 2
5 9 ,5 0 6
2 ,1 6 2 ,9 4 9
3 ,3 5 2 ,0 7 1
4 ,6 9 1 ,0 2 5
1 ,1 3 6 ,5 1 6
5 6 6 ,3 2 4

$ 2 1 5 ,2 2 7 ,6 2 5

$ 2 3 2 ,6 2 9 ,9 9 8

1891.
$ 7 7 ,2 9 3 ,9 3 6
5 8 ,0 9 9 ,7 9 7
2 ,0 5 2 ,0 9 0
.......................
3 ,9 0 6 ,0 0 0
3 ,4 8 5 ,3 0 7
........................
4 ,4 0 5 ,1 0 0
4 0 ,1 0 5 ,3 6 2

1892.
* $ 7 9 ,7 7 5 ,4 6 6
5 8 ,3 7 6 ,7 0 6
3 ,4 9 0 ,4 9 6
7 ,2 5 8 ,0 9 0
3 .1 7 4 .0 0 0
6 ,0 5 9 ,6 2 3
1 .9 8 5 .0 0 0
8 ,1 0 0
3 9 ,8 3 0 ,3 6 2

7 ,6 7 0 ,4 2 7
1 9 ,8 6 9

7 ,6 7 0 ,4 2 7
1 9 ,7 6 0

$ 1 9 7 ,0 3 7 ,8 8 0
1 ,1 5 0 ,0 0 0
2 3 9 ,0 7 7
7 5 0 .0 0 7
1 ,3 3 6 ,7 2 5
2 3 5 ,5 4 8
2 0 8 ,7 3 5
1 ,9 7 5 ,8 3 6
3 6 1 ,0 0 1
1 ,8 6 4 ,9 6 2

$ 2 0 7 ,6 4 7 ,9 3 9
3 ,4 1 2 ,5 6 7
1 4 5 ,8 3 5
7 7 1 ,0 4 6
2 ,8 6 1 ,1 5 3
2 6 5 ,4 6 2
3 7 0 ,9 4 0
3 ,9 3 0 ,6 2 1
4 5 3 ,7 1 5

1 0 ,0 6 7 ,8 o 5

9 ,6 1 3 ,5 7 4

G ra n d t o t a l.! IT b F e b .
J a n . 1 to F e b . 2 3 ..
V e r m o n t V a l l e y ____ I T F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____
W a b a s h , b ................................ F e b .
J a n . 1 t o F e b . 2 3 _____
330fS J u l y 1 t o F e b . 2 8 _____

1 1 ,5 7 8
2 4 ,6 0 0
1 3 7 ,2 6 1

W e s t J e r s e y & B r s .a 1 T F e b .
J a n . 1 t o F e b . 2 8 _____

1 0 1 ,8 1 5
1 9 5 ,5 8 0

1 0 0 ,9 1 3
1 9 1 ,2 7 3

1 9 ,5 2 0
d e f .7 ,6 5 5

2 3 ,5 5 6
8 ,8 1 2

W e s te r n M a r y la n d ...F e b .
J a n . 1 t o F e b . 2 3 _____
O c t . 1 t o F e b . 2 8 _____

7 7 ,0 3 1
1 5 6 ,3 7 7
4 .4 2 ,7 8 9

7 0 ,4 8 6
1 3 0 ,5 6 9
3 4 8 ,8 6 8

1 3 ,9 0 2
2 8 ,2 7 2
1 1 9 ,2 6 1

2 1 ,2 9 6
3 2 ,1 9 1
7 6 ,4 9 0

W e s t .N .Y .& P e n n .l T b F e b .
J a n . 1 t o F e b . 2 8 _____
J u l y 1 t o F e b . 2 8 _____

2 5 6 ,1 1 8
5 3 4 ,4 5 2
2 ,4 5 2 ,5 9 1

2 6 6 ,4 4 9
5 1 6 ,0 5 3
2 ,4 8 3 ,6 5 9

5 1 ,1 4 0
1 2 5 ,2 1 5
8 0 0 ,7 0 2

7 4 ,3 3 7
1 3 9 ,8 6 3
7 9 4 ,1 3 2

W .V a .C e n .& P it t s - IT .- M a r .
J a n . 1 t o M a r . 3 1 _____
J u l y 1 t o M a r . 3 1 _____

9 9 ,3 1 2
2 4 9 ,9 8 8
8 0 1 ,3 3 5

9 4 ,7 1 5
2 5 4 ,2 2 9
8 2 L ,3 8 6

3 6 ,8 2 4
7 8 ,2 2 7
2 6 4 ,3 4 4

3 1 ,5 5 2
8 9 ,9 2 7
2 8 6 ,8 5 2

2 0 ,2 8 5
4 3 ,5 8 3
8 9 ,4 7 5

7 ,1 5 2
2 1 ,7 0 7
7 4 ,5 0 1

J u ly

1 t o F e b . 2 8 _____

a

N e t e a r n in g s h e r e g iv e n a r e a f t e r d e d u c t in g t a x e s .
e a r n in g s h e r e g iv e n a r e b e fo r e d e d u c t in g t a x e s .
c A f t e r d e d u c t in g t a x e s o n p r o p e r t y .
IT A p a r a g r a p h m a r i e a d d e d a f t e r t h e n a m e o f a r o a d i n d i c a t e s t h a t
t h e fig u r e s fo r t h a t ro a d h a v e n o t p r e v io u s ly b e e n g iv e n , b u t a p p e a r s
f o r t h e f i r s t t im e i n t h is is s u e .
* A f t e r d e d u c t in g o t h e r e x p e n d it u r e s f o r r e p a ir s , r e p la c e m e n t s a n d
g e n e r a l e x p e n s e s , n e t in c o m e a p p l i c a b l e t o i n t e r e s t o n b o n d s i n F e b r u 
a r y w a s $ 4 4 ,1 8 1 , a g a in s t $ 6 4 ,0 5 9 i n 1 8 9 2 . a n d J a n u a r y 1 to F e b r u a r y
2 8 $ 9 6 ,5 4 1 , a g a in s t $ 1 2 6 0 8 3 . M e x i c a n d o l la r s a r e e q u i v a l e n t t o 8 0
c e n t s U n it e d s t a t e s m o n e y , a n d a l l d e p r e c ia t io n b e y o n d 2 0 p e r o e n t is
c h a r g e d in t h e a b o v e it e m s .
II I n c l u d i n g in c o m e f r o m f e r r i e s , <fco.
1 T o l. C o l & C in . in c lu d e d f o r a l l p e r io d s , b o t h y e a r s .
, 1 d e l u d e s o n ly o n e - h a lf o f lin e s i n w h ic h U n io n P a c i f i c h a s a p a r t
in t e r e s t .

to N e t

Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing,

R e a d in g R a il r o a d B a l a n c e S h e e t N o v e m b e r 3 0 .

ASSETS.

C a s h o n h a n d ................................................................
B i l l s r e c e i v a b l e ..........................................................
F r e i g h t a n d t o l l b i l l s .........................................
M a t e r i a l s o n h a n d ..................................................
L e a s e d a n d c o n t r o lle d c o m p a n ie s ..
C o n n e c t i n g r a i l r o a d c o m p a n i e s ____
C u r r e n t a c o o u n t s ....................................................
T o t a l ...................................................................................................

7 0 ,6 3 3 ,4 4 6

9 ,3 4 1 ,6 9 1
2 5 ,9 8 4 ,8 2 5
2 ,4 6 6 ,7 7 7

LIABILITIES.

Capital Accounts—
B o n d e d d e b t p r i o r t o i n c o m e s - ..........................
F i r s t , s e c o n d a n d t h i r d i n c o m e b o n d s .............
B o n d s a n d m o r t g a g e s o n r e a l e s t a t e .....................
P . & R . T e r m in a l R R . lo a n , 1 8 9 1 - 1 9 4 1 ....
C a r t r u s t o e r t i f l e a t e s ....................................................................
E q u i p m e n t n o t e s ...............................................................................
S i n k i n g f u n d l o a n , 1 8 9 2 - 1 9 0 2 ......................................
D e b e n t u r e l o a n s ..................................................................................
C o m m o n s t o c k ......................................................................................
D e fe rre d
in c o m e
bonds
(n o m in a l p a r
$ 2 5 , 5 6 8 , 0 9 0 ) .......................................................................................
M i s c e l l a n e o u s .........................................................................................
N o t e s p a y a b l e a n d l o a n s .................................
L e a s e d ro a d s a n d c a n a ls , a o o o u n t r e n t . . . .
I n t e r e s t d u o a n d u n c o l l e c t e d .............................. . . .
In t e r e s t a n d r e n t a ls a c c r u e d , n o t p a y a b le .
C o n n e c t i n g r a i l r o a d c o m p a n i e s .................................
C u r r e n t a c c o u n t s ..............................................................................
A u d i t e d v o u o h e r s a n d p a y - r o l l s .................................
T a x e s ..................................................................................................................
S u r p l u s f o r y e a r e n d i n g N o v . 3 0 .................. . . . .
B a la n c e c a r r ie d to a n d h e ld f o r a c c o u n t o f
f u t u r e a d ju s t m e n t a n d s u s p e n s e a c o o u n t s

T o t a l ......................................................................................................$ 2 1 5 , 2 2 7 , 6 2 5

3 ,1 5 7 ,1 4 7

$ 2 3 2 ,6 2 9 ,9 9 8

* A n in c r e a s e o f $ 2 ,4 8 1 ,5 2 9 i n t h e g e n e r a l m o r t g a g e b o n d s .

THE CHRONICLE.

666

For the Philadelphia & Reading Coal & Iron Company it is
aufficnnt to give the floating assets and l abilities as presented
in the balance-sheet, and here the large increase on both sides
of the account was caused Dy the immense purchases of coal
from other companies.
P h il a d e l p h i a & R

e a d in g

and

C o a l & I k o n C o m p a n y F l o a t in g A ssets

Li a b i l i t i e s N o v e m b e r 3 0 .
ASSETS.

C a s h o n b a n d ...................................................................... ..................
B i l l s r e c e i v a b l e ....................................................................................
C o a l a n d r e n t a c c o u n t s ...................................... .....................
S u n d r y a c c o u n t s .......................................................... .....................
C o a l o n b a n d ...................................................................... ...................
I r o n o r e o n R a n d ........................................................ ....................

3891.
$ 2 7 2 ,3 8 4
1 1 ,8 2 8
2 ,7 5 4 ,1 6 J
1 4 2 ,0 2 2
2 ,3 5 5 ,1 8 0
1 ,' 6 2

1892.
$ 2 1 9 ,5 5 2
3 3 ,3 0 6
5 ,6 4 0 .0 8 4
13 -S 7 2 1
7 ,5 8 4 ,4 2 9
1 .5 6 2

S t o c k s a n d b o n d s o w n e d ................................ ......................
S u p p l i e s a n d m a t e r i a l s ...................................... ............... ....

$ 5 ,5 3 7 ,3 3 9
$ 1 0 7 ,5 7 7
4 6 8 ,6 5 2

$ 1 3 ,6 1 7 ,6 5 4
$ 1 5 8 ,2 7 7
5 0 7 .K 6 3
2 7 9 ,5 3 5

P r o f i t a n d l o s s p r e v i o u s y e a r s ......................................
P r o f i t a n d l o s s c u r r e n t y e a r ....................... ..................

$ 5 7 6 ,2 2 9
$ * > 9 5 ,9 4 9
3 3 2 ,8 6 1

$ 9 4 5 ,6 8 0
$ l,3 2 8 ,8 t 9
2 4 ,3 3 9

$ 1 ,3 2 8 ,8 1 0

$ 1 ,3 0 4 ,4 7 0

$ 7 ,4 4 2 ,3 7 3

$ 1 5 ,8 6 7 ,8 0 4

[V

1889.
M i l e s o p e r a t e d .....................
408
Earnings—
$
P a s s c n g e i s . ..........................................
7 1 8 ,* 9 4
F r e i g h t ........................................................ 1 , 4 1 9 , 8 2 5
1 5 2 ,4 4 7
M a il, e x p ’s a n d m is c e l’ n ’ s
T o t a l .....................................................2 , 2 9 1 . 1 6 6
O p e r . e x p e u s e s a n d t a x e s .1 ,5 2 4 ,4 5 3

1891.
* 4 7 1 ,1 1 8
8 3 4 ,1 8 8
7 2 ,9 0 5

1892.
$ 2 ,7 8 0 ,2 3 5
7 4 1 .1 3 9
3 ,6 9 6 ,2 7 4
8 5 3 ,6 7 5
7 9 ,4 5 8

$ 1 ,3 7 8 ,2 1 1

$ 8 ,l y 0 ,7 8 5

D u e P h i l a d e l p h i a A R e a d in g R R . C o .—
$ 3 ,2 7 6 ,4 4 9
1 ,3 1 8 ,8 1 4

A c c o u n t i n t e r e s t ................................................................
A c c o u n t f r e i g h t a n d l o l l s ......................................
$ 2 ,0 7 1 , 2 5 5

$ 4 ,5 9 5 ,2 6 3
$ 1 8 7 ,9 8 0
1 2 8 ,0 0 0

S i n k i n g f u n d a c c o u n t ..........................
L e s s b o n d s p a id a n d c a n c e le d .
$
S u sp e n se a c c o u n t.

4 6 9 ,7 4 2

T o t a l lia b ilit ie s

* 3 ,9 1 9 ,2 0 7

Grand Rapids

&

$ 5 9 ,9 8 0
4 0 5 ,8 4 $ 1 3 ,2 5 1 ,8 6 9

Indiana Railroad.

( F o r the y e a r en d in g D ecem ber 31, 1893J

Mr. W, O. Hughart, President, remarks in his report that
the earnings, expenses and net o f all lines o p e ra te d by the
company were as follows : Earnings, $3,353,874 ; expenses,
$2,801,381 ; net, $952,493, or an increase of $89,679 over 1891.
Freight earnings increased $163,958 and passenger earnings
$3,792.
The results upon the main line are given in the tables below.
North-bound freight increased 39,181 tons, or 7'63 percent.,
the proportion to south-bound tonnage being about the same
as for the previous year. Freight expenses increased $77,059.
The average rate earned per ton per mile was ‘899 cent, a
decrease of ’018 cent. The increase in local tonnage was 18'43
per cent and in foreign 15'48 per cent; but in ton mileage
the increase of local was but 1-79 per cent, while that of
foreign was 19-9 per cent. Passenger earnings decreased
$7,939, or 1 04 per cent.
The total expenses of operation for the year, including
taxes, were $1,783,985, an increase of $73,822, or 4-31 per cent.
The ratio of expenses to earnings was 70-89 per cent, a de
crease of *35 per cent.
The amount of funded debt remains the same as last year,
but some changes have occurred in the different classes of
bonds. Of the $910,000 fives, $30,000 have been paid to the
Continental Improvement Co., leaving $880,000 fives in treas
ury at the end of the year. Of the $300,000 sixes also reported
last year in treasury, $275,000 have been issued at par to holders
of Mackinaw loan note3, so called, in exchange for those
notes, and the balance, $t5,000, was in treasury at the end of
the year.
At the end of the year the net floating liabilities, not taking
into account the treasury bonds, was $1,214,347, an increase
of $241,600 over same debt as it existed a year ago. The in
crease is due to the following expenditures : Construction
and equipment, $139,470 ; loss on leased lines, etc., $17,843 ;
old accounts written off, $24,585 ; defic t of net earnings above
interest and rentals, $65,299 ; total, $247,199.
The report says, that the operations for the year were very
favorable and give promise of growing, good' results for the
future. In view of the fact that the company was not earn
ing the interest on its five per cent bonds, it was deemed
necessary to suspend payment of these coupons for the pres
ent and until some form of readjustment could be devised.
(The board has since made a proposition to the holders of these
bonds).
The net floating debt was on Dec. 31, $1,214,347, of which
$905,000 was represented, dollar for dollar, by five and six per
cent bonds held in the company’s treasury. The withhold
ing of these bonds from market was for prudential rea
sons, and it is not yet deemed advisable to offer them for
sale.
In the land department the total sales of hard wood and
pine land^-were 22,966 acres, for $237,886. The amount in
sinking fund December 31 was $1,840,300.

Earnings, expenses and charges for four years have been as

follows :

730 204
1 , 7 4 - .8 0 1
1 3 0 ,9 7 3

1 8 9 1.
433
$
76
416
1 ,4 9 2 .6 3 4
1 4 2 ,3 6 3

1892.
436
$
7 5 7 ,4 7 7
1 ,6 1 3 ,3 3 5
1 4 5 ,8 2 8

2 .6 0 1 .9 7 8
1 ,7 4 3 ,0 3 3

2 ,4 0 0 ,4 1 3
1 ,7 1 0 .1 6 3

2 .5 1 6 ,6 4 0
1 ,7 8 3 ,9 8 6

1890.
428

St

N e t e a r n i u g s ...........................

7 6 6 ,7 1 3

8 5 8 .9 4 5

6 9 0 ,2 5 0

7 3 2 ,6 5 4

P e r c . o p e r’g e x . to e a r n ’s

6 6 -5 4

6 6 -9 9

7 1 -2 4

7 0 -8 9

* In c lu d e s in t e r e s t a n d r e n t a ls .

INCOME ACCOUNT. .

N e t e a r n i n g s .........................................

T o t a l ......................................................
Deduct—
I n t e r e s t o n b o n d s ...........................
I n t e r e s t o n f l o a t i n g d e b t ..
R e n t a l s a n d m is c e lla n e o u s

1889.
$
7 6 6 ,7 1 4

1890
*
8 5 8 ,9 1 5
437

1891.
$
6 9 0 .2 5 0
4 ,5 3 8

1892.
$
7 3 2 ,6 5 4

7 6 6 ,7 1 4

8 5 9 ,3 8 2

6 9 4 ,7 8 8

7 3 2 ,6 5 4

7 3 7 .4 2 5
5 4 ,5 5 3
3 ,1 6 8

7 3 9 .7 0 0
5 8 ,6 3 0
3 0 ,7 6 0

7 5 1 ,9 2 9
5 2 ,1 8 6
* 2 0 8 .4 3 1

7 2 4 ,8 5 0
4 6 ,9 9 7
t 2 0 3 ,9 7 2

7 9 5 ,1 4 6

8 2 9 ,0 9 0

1 ,0 1 2 ,5 4 6

9 7 5 ,8 1 9

B a l a n c e ........................................................d e f 2 8 , 4 3 3 s u r . 3 0 , 2 9 2 d e f . 3 1 7 , 7 5 8 d e f 2 4 3 , 1 6 5

tirst

LIABILITIES.
B i l l s p a y a b l e ...........................................................................
C u r r e n t b u s i n e s s d e b t s .............................................
D u e a c c o u n t co a l a n d c o a l p u rch a se d .
W a g e s a n d m a t e r i a l b i l l s .......................................
U n c o l l e c t e d c o u p o n s a n d i n t e r e s t ............

LVI.

EARNINGS AND EXPENSES (ON GRAND EATIDS A INDIANA ONLY).

T o t a l ..................................................
T o ta l a ss e ts.

ol.

* I n c l u d e s * 1 4 8 .1 4 0 l o r b e t t e r m e n t s a n d $ 2 9 ,3 7 2 f o r e x t e n d in g
m o r gage b o n d s.
t I n c l u d e s $ 1 3 9 ,4 7 1 f o r c o n s t r u c t i o n a n d e q u i p m e n t a n d $ 2 4 , 4 0 0 f o r
e x t e n d in g f i r s t m o rtg a g e b o n d s.

Lake Erie & Western Railroad.
( F o r the y e a r end ing D ecem ber 31, 1892.)

The report of Hon. Calvin S. Brie a, President, states that
the funded debt o f the company was increase! by the issue of
$850,000 second mortgage bonds. b-dng the remainder of the
bonds sold in Sep’ember, 1891, $650,000 haviDg been delivered
during that year. The total amount of second mortgage bonds
outstanding is therefore $1,500,000.
“ Tbe traffic for the year, passenger and freight, both local
and through, slio-vs an increase. The freight traffic shows an
increase of 8 59 per ceDt ia tonnage, and while the earnings
per ton per mile decreased from *760 cent to *729 cent, or *021
cent, the gross receipts from this source have incre tsed 6*76
per cent. The passenger traffic shows an increase of 11 46 per
cent in the number of passengers carried, causing an increase
of 8 68 per ceot in earnings. The decrease in the rate per pas
senger per mile was *06 cent. Notwithstanding the constantly
decreasing rates, especially in freight traffic, rhe ratio of oper
ating expenses has been again reduced, being 54 46 per cent
for the year, as against 55-77 per cent in 1891, 58'51 per cent
in 1890, 60 69 per cent in 1839 and 62-64 per cent in 1888, or
over 8 per cent in the past five years. This saving is mainly
due to the improved physical condition of the property and
the increased equipment and terminal facilities provided,
although the expenditures for repairs and the maintenance of
the property have been unusually liberal and in nowise cur
tailed.” * * * “ The issue and saleof the $1,500,000 of your
company’s second mortgage bonds, which provided the means
for the purchase of freight and passenger cars, heavy freight
locomotives and additional terminal facilities, would appear
to have been most timely and judicious.” * * * “ Quarter
ly dividends of
per cent upon the preferred stock have
been paid during the year, being an increase of 1 per cent, and
leaving a surplus of $3.93,659 to be carried over.” * * * “ The
dividends will be further increased as soon as in the opinion of
your board the physical condition of the property and sound
business principles warrant such action on their part.”
Tne operations, earnings and charges have been compiled
for the C h r o n i c l e as follows :
OPERATIONS AND FISCAL RESULTS.
M ile s o p e r. D e c . 3 1 ..

Operations—

1889.
589

1890.
722

1891.
725

1892.
725

P a s s e n g e rs c a r r ie d ..
1 ,0 3 5 ,9 5 9
1 ,1 8 5 .4 3 1
1 ,3 7 3 ,9 1 5
1 ,5 4 4 ,5 4 4
P a s s e n g e r m ile a g e .. 2 6 ,3 1 4 ,3 8 7
3 0 ,3 5 3 ,7 2 9
3 5 ,2 3 4 ,2 3 3
3 9 ,2 7 0 ,8 7 8
R a te p e r p a ss. p . m .
2 -4 6 e ts .
2 -4 6 c ts .
2 -4 3 c ts .
2 -3 7 c ts .
1 .3 9 6 .3 5 4
1 ,9 7 1 ,1 7 2
F r ’g h t (to n s ) m o v e d .
1 ,7 1 9 ,» 8 8
2 ,0 3 1 ,8 5 3
F r ’ g l i t (t o n s ) m i l ’ g e . 2 2 0 ,5 4 0 .2 3 7 2 6 8 ,1 2 0 ,8 4 7 2 7 2 ,1 8 5 ,1 4 0 2 9 1 ,0 4 1 ,9 4 9
A v . ra te p to n p . m _
0 -7 1 5 e ts .
0 -6 7 7 c ts .
0 ’7 5 > c t s .
0 - 7 2 9 o ta .
Earnings—
_$
$
$
$
6 7 3 .4 8 3
8 3 0 .9 6 1
P a s s e n g e r ..............................
8 8 6 .7 7 3
9 6 3 ,6 1 1
2 ,0 4 1 5 7 9
1 ,5 7 5 ,2 4 6
1 ,9 1 5 ,8 0 5
2 ,1 7 9 ,5 8 7
F r e i g h t ........................ —
2 6 8 ,8 7 2
3 2 7 ,6 7 2
344 998
4 1 5 ,2 8 4
M a il, e x p r e s s , & o ...
T o t a l e a r n i n g s _____

2 ,5 1 7 ,6 0 1

3 ,0 7 4 ,4 3 8

3 ,2 7 3 ,3 5 5

3 ,5 5 8 ,4 8 2

M a in t e n a n c e o f w a y .
C a r s & m o t iv e p o w e r
T r a n s p ’ t’n e x p e u s e s .
G e n e r a l, r e n t a l
of
t r a c k s ,t a x e s , & c ..

2 9 5 ,6 8 4
2 1 9 .6 4 1
8 5 9 ,4 9 3

3 6 2 ,4 9 5
2 5 6 ,7 6 8
1 ,0 3 0 ,2 6 2

3 4 7 ,0 6 6
2 7 i,3 0 5
1 ,0 4 7 ,3 4 7

3 2 4 ,8 4 2
2 9 9 ,0 7 0
1 ,1 3 5 ,4 0 3

2 4 6 ,4 7 2

2 9 5 ,7 6 1

3 1 0 ,8 0 8

3 7 8 ,8 3 5

T o t a l .........................................

1 ,6 2 1 ,2 9 6

1 ,9 4 5 ,2 8 6

1 ,9 8 0 ,5 2 6

2 ,1 3 3 ,1 5 5

N e t e a r n i n g s .....................

8 9 6 ,3 0 5

1 ,1 2 9 ,1 5 2

1 ,2 9 2 ,8 2 9

1 ,4 2 0 ,3 2 7

1891.
*
1 ,2 9 2 ,8 2 9

1392.
$
1 ,4 2 0 ,3 2 7

3 6 3 ,7 7 1
4 7 3 ,6 0 0
( 4 p . o t .)
2 1 6 ,5 0 9

4 3 4 ,6 6 7
5 9 2 ,0 0 0
( 5 p . o t .)

1 ,0 5 3 ,8 8 0

1 ,0 2 6 ,6 6 7

2 3 8 ,9 4 9

3 9 3 ,6 6 0

Operating expenses

INCOME ACCOUNT.
1890.
*
1 ,1 2 9 ,1 5 2

N e t e a r n i n g s .....................

1899.
*
8 9 6 ,3 0 5

In te re s t o n b o n d s. . .
D iv . o u p r e l. s t o c k ..
R a t e o f d i v i d e n d _____
B e t t e r m e n t s ........................

2 9 6 ,0 0 0
1 1 8 ,4 0 0
(1 p . c t . )
4 4 1 ,2 0 1

T o t a l ....................................

8 5 5 ,6 0 1

1 ,0 2 9 ,6 0 6

S u r p l u s .......................................

4 0 ,7 0 1

9 9 ,5 4 6

Deduct—

3 3 2 ,7 5 0
4 7 3 ,6 0 0
(4 p . c t .)
2 2 3 ,2 5 6

m

A

p r il

THE CHRONICLE.

2 2, 1 8 9 3 .]

Chicago Burlington & (Jiifncy Railroad.

BALANCE SHEET DECEMBER 3 1 .

A88CtS—
R o a d a n d e q u i p m e n t ...................................
M a t e r i a l s o u h a n d ............................................
S t o c k s a n d b o n d s o w n e d ........................
T a x e s a n d i n s u r a n c e ................................
D u o f r o m a g e n t s o l i d R R a .................
A c e o u u t s r e c e i v a b l e ....................................
M i s c e l l a n e o u s .........................................................
C a s h ......................................................................................
T o t a l a s s e t s ...................................................
L ia b ilitie s —
C a p i t a l s t o c k ..........................................................
B o n d e d d e b t (S e o S u p p l e m e n t ) .
A c c r u e d i n t e r e s t ...............................................
A c c o u n t s p a y a b l e ............................................
B i l l s p a y a b l e ............................................................
U n p a i d ' w a g e s .........................................................
E q u i p , a n d lm p r o v e m ’ t a c c o u n t .
D i v i d e n d s p a y a b l e ..........................................
M i s c e l l a n e o u s ................................; ......................
A s s e t s o v e r l i a b i l i t i e s . . . .....................
T o t a l ____ * ............................................................

667

1890
$
3 1 ,4 7 2 .5 8 2
1 1 8 ,3 9 0
1 1 ,2 5 0
1 4 ,* 6 3
1 1 2 ,2 1 4
2 3 ,9 3 2
5 ,4 1 3
4 2 3 ,7 9 7

1891
$
3 2 ,1 5 5 ,4 3 2
8 2 .4 5 3
15 000
1 3 ,8 9 5
1 1 0 ,7 4 4
4 8 ,1 4 6
3 ,2 1 8
5 6 5 ,7 4 8

1892
$
3 2 ,9 7 2 ,5 8 2
9 7 ,4 1 2
2 0 7 ,3 7 6
1 4 ,7 4 7
1 2 8 .7 7 3
4 8 ,0 9 8
1, 07
5 2 6 .7 1 2

3 2 ,1 8 2 ,2 4 0

3 2 ,9 9 4 ,6 8 6

3 3 ,9 9 7 ,0 0 7

' I ’l n i i l e s o p e r ’ t e d

2 3 .6 8 0 .0 0 0
7 ,2 5 0 ,0 0 0
H 1 ,5 5 0
1 8 0 ,9 2 4
3 1 0 ,0 0 0
9 0 ,9 o 2

2 3 ,6 8 0 ,0 0 0
7 ,9 0 0 ,0 0 0
1 8 4 ,2 9 6
1 0 6 ,3 6 3

2 3 ,6 3 0 ,0 0 0
8 ,7 5 0 ,0 0 0
2 1 9 ,8 5 0
1 1 6 ,4 7 8

Earnings—

1 1 8 ,4 0 0
4 6 ,4 9 2
3 2 3 ,8 9 7

1 0 0 ,3 8 4
3 2 8 ,1 3 2
1 1 8 ,4 0 0
1 4 ,2 6 4
5 6 2 ,8 4 7

1 0 2 ,3 4 6
9 ,9 8 7
1 4 8 ,0 0 0
1 1 ,8 4 0
9 5 6 ,5 0 6

3 2 ,1 8 2 ,2 4 6

3 2 ,9 9 4 ,6 8 6

%

3 3 ,9 9 7 ,0 0 7

Flint & Pere Marquette Railroad.

( For the year ending December 31, 1892.y
The annual report of President Perkins will bo found at
length on another page, together with valuable statistics and
the balance sheet as o f December 31, 1892.
T h e c o m p a r a t i v e statistics f o r f o u r y e a r s , c o m p i l e d for t h e
C

h r o n ic l e

, a r e a s f o llo w s .

OPERATIONS AND FISCAL RESULTS.
1889.
5 ,1 4 0

1890.
1891.
1892.
5 ,2 1 6
5 ,3 2 1
5 .5 5 6
T o n s c a r . 1 in . 1 7 5 2 . 2 4 8 , 5 9 5 1 , 9 7 8 . 8 9 6 . 6 9 1 1 , 8 0 4 , 9 7 7 . 5 0 5 2 , 3 4 5 , 4 1 2 , 1 5 1
»
7
7
f
i
i
f
U
S
S
S
1
f
l
f
i
9
1
.
0
v
o
n
n
0
0
*
* 1 ,
P a s s o a r. 1 m .
2 6 8 ,7 7 8 ,4 9 4
2 9 2 ,5 3 5 ,1 8 6
2 8 9 ,3 4 3 ,4 9 3
3 2 5 ,6 1 1 ,1 1 8
$
*
*
*
6 .2 2 3 ,5 1 0
P a s s e n g e r ...
6 ,3 6 9 .6 4 6
6 .7 2 9 ,8 0 9
7 ,2 2 3 ,1 1 3
F r e l i c b t .............
1 8 .1 9 0 .8 1 8
1 8,8 1 3 .1 0 4
1 8 ,3 6 > ,8 2 1
2 2 .7 6 3 ,0 0 7
M a il, e x ., & e.
2 ,3 6 3 ,9 8 5
2 ,5 1 3 ,2 1 7
2 ,- 1 6 ,4 9 7
3 ,0 1 1 ,2 4 4
T o . e r o s s e a r n .2 6 ,7 7 8 ,3 1 3
O p . o x . & t a x e s . 1 7 ,6 9 0 , 5 4 7

2 7 ,7 2 5 ,9 6 7
1 8 ,7 4 9 ,6 9 9

2 7 ,9 1 6 ,1 2 7
1 8 ,5 4 9 , 5 7

3 3 .0 0 2 ,3 9 4
2 2 ,1 6 9 ,0 1 1

N e t e a r n in g s . 9 ,0 8 7 ,7 6 6
P .c . o fo p o r. e x p .
to e a r n i n g s ...
6 6 -0 6

8 ,9 7 6 ,2 6 8

9 ,3 6 6 ,8 7 0

1 0 ,5 3 3 ,3 8 3

67 62

6 6 -4 5

6 8 -0 8

* N o t in c lu d in g th o s e c a r r ie d fre e .

INCOME ACCOUNT.

(For the year ending December 31, 1892.)
1889.
1890.
1891.
1892.
The report of Mr. ffm , W. Crapo, President, calls attention
Receipts—
*
$
$
$
9 ,3 6 6 ,8 7 0
8 .9 7 6 .2 6 8
to the heavy expenses in the physical departments of the road. N e t e a r n i n g s . ? ................. 9 , 0 8 7 . 7 6 6
1 0 ,5 3 3 ,3 8 3
6 7 2 ,* 6 3
8 0 6 ,0 3 5
1 ,3 7 1 ,6 2 7
1 ,2 8 1 ,8 1 8
This account shows an increase of 25 per cent over 1891, due NF reotmB . &i n vMe s. lt’ dm g. ,r a&not .s.i
2 9 1 ,4 4 3
1 7 8 ,1 5 5
1 5 6 ,8 4 8
1 8 8 ,5 7 2
principalis to the construction o f three steel truss bridges and
1 0 ,0 5 2 ,0 7 2
one steel draw bridge. With the completion of the new bridge
9 ,9 6 0 ,7 5 8
1 0 ,8 9 5 ,3 4 5
1 2 ,0 0 3 ,7 7 3
ents—
over the Saginaw River, in the spring of 1893, the bridges on R eDisbursem
1 9 2 ,1 1 9
n t a l s p a i d ..............
2 0 6 ,0 7 3
2 3 0 ,2 8 0
3 1 4 ,5 7 3
the entire line will he in first-class condition. The main line I n t e r e s t o n d e b t ............ 5 , 4 2 5 . 6 1 1
5 ,4 9 1 ,9 9 2
5 ,8 1 7 .2 6 6
6 ,1 1 3 ,7 3 8
Saginaw to Port Huron, and Bay City to Detroit, is now laid D i v i d e n d s ............................... 3 , 0 5 5 , 7 0 4
3 ,8 1 9 .6 3 0
3 ,2 4 6 ,6 8 6
3 ,8 1 9 ,9 2 2
( 5 p . e .)
( 4 P - c .)
(4 * 4 p . C .)
( 5 p . o .)
with 67-lb. and 70-lb. steel, with the exception of thirteen R a t e o f d i v i d e n d s . . .
7 1 4 ,4 7 2
7 4 5 ,4 9 2
7 6 4 ,8 3 9
7 6 5 ,1 8 6
miles between Ply mouth and Wixorn, which will belaid in C a r ' d t o s i n k ’ g f u n d .
June, 1893. The whole main line is in very fair condition. Tot i t d i s b u r s e m e n t si 9 , 4 1 7 , 9 0 6 1 0 , 2 6 3 , 1 9 2 1 0 , 0 5 9 , 0 7 1 1 1 , 0 1 3 , 4 1 9
The repairs to freight cars show7 an increase of 45 per cent.
B a l a n c e .....................
. s u r . 6 3 4 , 1 6 6 d e f . 3 0 2 , 4 3 4 1i u r . 8 3 6 , 2 7 4 8 u r . 9 9 0 , 3 5 4
The increased expenses in train service and fuel account
OENERAL BALANCE DEC. 3 1 .
were due to actual increased train mileage. “ The decrease
1889.
1890.
1891.
1892.
$
in earnings during the months June to October was due
$
$
$
1
7
9
,
7
1
'
'
.
3
0
0
:1
8
4
.
1
7
6
,
4
3
1
1
8
7
,
8
1
7
.
4
7
5
1 9 7 ,5 3 1 ,3 3 7
wholly to the lake business. Two boats have heretofore been S t o c k s & b d s . o w u e d .
2 7 ,6 7 8 .2 8 > 3 1 ,1 4 2 .0 1 3
3 2 .9 * 1 .8 0 5
3 3 ,3 1 4 ,4 3 6
in the exclusive service of carrying salt, produced at Luding- C u r r e n t a c e o u u t s . . . 7 , 0 4 0 . 3 1 6
3 ,6 7 1 .1 8 7
3 .1 8 0 ,5 3 8
3 .6 8 1 ,1 9 2
ton and Manistee, to Chicago. The decrease in earnings from M a t e r i I s , f u e l , a c . . 1 . 3 0 4 . 2 8 0
1 ,6 9 8 ,4 4 0
1 ,0 0 0 ,3 5 3
1 .3 5 6 ,9 9 3
2
,
8
6
3
.
8
2
1
C
a
s
h
o
n
h
a
n
d
.....................
2
,
2
7
5
,
8
1
8
2 ,9 1 6 .7 6 3
3 ,3 1 0 .3 6 6
that source amouuted to $90,000. This silt will be carried
S i u k i u g f u n d s ................... 1 2 , 7 8 6 . 7 8 0
1 3 ,8 1 3 ,9 3 7
1 4 ,5 7 7 ,4 1 7
1
5 ,2 5 7 ,7 3 2
under a new contract for the year 1893, and it is expected to
show a leasonable net, which was not the case under the
T o t a l ...................................2 3 1 , 3 8 3 , 7 8 2 2 3 6 , 7 7 7 , 8 2 6 2 1 2 , 3 5 4 , 3 4 1 2 5 4 , 4 5 2 , 0 5 6
Liabilities—
former contract. New local industries are being started
7 6 .3 9 4 .5 0 5
7 6 ,3 9 4 ,5 0 5 7 6 ,3 9 4 ,9 0 5 7 6 ,4 0 8 ,5 0 0
rapidly along the line of the road. The new business from SB tooncdks, c (oS me emS oU nc ...............
’ L ’ r ) . 1 0 " , 4 7 9 ,5 0 8 1 0 6 , 7 3 9 , 2 0 2 1 0 - t . 7 l l . 2 0 0 1 1 7 , 2 4 3 , 3 5 0
this source, and from the increased farm products, indicates L u n d g r a n t s i u k f d .
7 ,9 0 3 ,2 7 6
8 ,3 7 6 ,7 3 5
8 ,7 6 3 ,8 2 0
9 ,1 6 5 ,4 6 4
that the decrease of lumber business in the future will be sup O t h e r s i n k i n g f u n d s .
8 .4 0 7 ,0 1 5
9 ,4 7 1 ,1 5 4
1 0 ,5 8 4 .8 3 8 1 1 ,7 5 1 ,0 2 0
6 ,3 6 6 ,7 8 1
4 ,7 2 0 ,2 8 1
4 ,7 2 0 ,2 8 1
6 ,7 2 0 ,2 8 1
planted by a permanent business of equal value.”
* * * C o n t in g e n t l i a b i i i t ’ s .
9 .0 0 0 ,0 0 0
9 ,0 0 0 ,0 0 0
9 ,0 0 0 ,0 0 0
9 ,0 0 0 ,0 0 0
“ The decrease in gross earnings during the first three RMei ns ceewl l aa ln feuonuds ..................
..................
4 ,6 6 5 .6 1 0
4 .3 7 5 ,9 3 6
4 ,4 5 6 ,9 6 1 4 ,1 1 5 ,6 5 0
months of the year 1893 has been due entirely to the weather. P r o f i t a n d l o s s ............... 6 , 6 1 6 , 2 1 4
6 ,4 5 1 .5 8 2
6 ,6 3 7 ,6 2 3
6 ,6 7 2 ,7 3 3
The severe winter has delayed the movement of the steamers I n c o m e a c c o u n t ............ 1 1 , 5 5 0 , 8 6 7 1 1 , 2 4 8 . 4 3 1 1 2 , 0 8 1 , 7 0 5 1 3 , 0 7 5 , 0 5 8
on Lake Michigan and the principal loss of business came
T o t a l ................................2 3 1 , 3 8 3 , 7 8 2 2 3 6 , 7 7 7 , 8 2 6 2 4 2 , 3 5 4 , 3 4 1 2 5 4 , 4 5 2 , 0 5 6
from that source. The present indications are that our local
* I n c l u d e s H a u . & S t . J o s . , K a n . C . S t . J o s . & C . B . , C l d c . B u r . &. N o . ,
business during the balance of the year 1893 will be good and C h i c B . & K . C . , S t . L . ' K . & N o . W . , a n d o t h e r s .
that this loss of gross will he recovered.”
t In 1 8 9 2 m a d e u p a s f o llo w s : I n t e r e s t d u e a n d a c c r u e d , $ 1 ,4 3 1 ,6 0 6 ;
The operations, earnings, income, &c., have been as follows u n p a i d v o u c h e r s a n d p a y - r o l l s , $ 1 , 7 2 7 , 9 0 9 ; c u r r e n t a o e o u n t s , $ 1 , 2 5 6 , 135.
for four years :
Norfolk & Western Railroad.
OPERATIONS AND FISCAL BESULTS.
1889

1890

1891

1892

M ile s o p e ra t e d

384
627
630
639
Operations—
$
$
$
$
P a s s e n g e r m ile a g e ..
2 8 , 0 9 4 , 2 7 3 3 4 , 4 0 9 , 1 1 5 3 4 ,7 2 8 . 2 1 9 3 5 . 1 8 2 . 3 5 8
R a t e p . p a s s . p . m ile
2 -5 6 2 c ts .
2 -5 2 6 e ra .
2 -4 7 6 c ts .
2 -3 8 9 cts.
F r ’ g h t ( t o n s ) m i l ’ g e . 1 6 2 , 3 9 9 , 8 9 7 2 0 9 , 6 ' 1 . 8 5 4 2 0 9 . 0 1 3 , 0 7 0 1 9 9 .0 2 5 , 3 4 9
R a t e p . t o n p . m it e .
0-9 7 7 c ts .
0 -9 3 8 c ts .
0 9 3 4 c ts .
0 -9 8 4 c ts .
Earnings—
$
$
$
*
P a s s e n g e r ..............................
7 1 9 ,9 3 5
8 6 9 ,2 1 7
8 1 0 .8 9 1
7 9 1 ,4 7 9
F r e i g h t ......................................
1 ,5 8 7 ,0 1 2
1 ,9 0 6 ,9 3 4
1 ,6 5 2 ,1 6 9
1 ,7 0 4 ,0 2 6
M a il, e x p r e s s , & o . . .
6 3 ,1 8 6
8 7 ,4 2 4
8 1 ,3 8 9
8 5 .4 4 1
S t e a m e r s ................................................................
.....................
3 5 3 ,1 7 4
3 0 5 ,7 6 8
T o ta l g ro ss e a rn ’s .
O p e r . e x p ’s & t a x e s .

2 ,3 7 0 ,1 3 3
1 ,6 2 3 ,2 9 7

N e t e a r n i n g s ...............

7 4 6 ,8 3 6

p .c .o f o p . e x . to e a r n .

2 ,9 2 3 .5 7 5
2 ,0 4 2 ,4 0 9

2 ,9 0 0 ,6 2 4
2 ,0 3 9 ,4 1 1

2 ,8 8 6 .7 1 4
2 ,0 2 4 ,7 5 4

8 8 1 ,1 6 6

8 6 1 ,2 1 3

8 6 1 ,9 6 0

69 -8 6

7 0 -3 0

7014

6 8 -4 8

INCOME ACCOUNT.

N e t e a r n i n g s .....................

1889
$
7 4 6 ,8 3 6

1890
$
8 8 1 ,1 6 6

1891
$
8 6 1 ,2 1 3

1892
$
8 6 1 )9 6 0

I n t e r e s t ......................................
D i v i d e n d s ...............................

3 6 6 ,4 2 1
3 8 0 ,5 2 0

5 5 « ,1 0 4
3 1 7 ,1 0 0

5 8 1 ,7 7 1
2 5 3 ,6 8 0

6 0 7 ,9 4 1
2 5 3 ,6 8 0

Deduct—

T o t a l d is h u r s e m ’ t s

7 4 6 ,9 4 1

B a la n c e f o r th e y e a r

d e f, 1 0 5

8 7 5 ,2 0 4
s u r . 5 ,9 6 2

8 3 5 ,4 3 1
s u r . 2 5 ,7 6 2

8 6 1 ,6 2 1
su r. 339

GENERAL BALANCE DECEMBER 3 1 .
1890.
Assets—
$
R o a d a n d e q u i p m e n t ...............................2 0 , 5 0 6 , 7 2 3
S t e a m e r s .....................................
4 5 3 ,5 6 4
S t o c k s a n d P o n d s .........................................
4 3 7 ,4 4 4
M a t e r i a l s a n d s u p p l i e s ........................
1 4 2 ,4 5 0
U n c o l l e c t e d e a r n i n g s ...........................
1 1 0 ,7 4 9
C a s k .....................
6 6 ,4 5 0
M i s c e l l a n e o u s ....................................................
4 6 ,3 9 2
T o t a l ....................................................................2 1 , 7 6 3 , 7 7 2

Liabilities —

S t o c k , c o m m o n ...............................................
S t o c k , p r e f e r r e d ............................................
B o n d e d d e b t (S e e S u p p l e m e n t )
B i l l s p a y a b l e . .....................................................
I n t e r e s t a u d d i v i d e n d s .......................
S t a t e o f M i c h i g a n ......................................
D e m a n d l i a b i l i t i e s ......................................
M i s c e l l a n e o u s ....................................................
P r o f i t a n d l o s s ..................................................

3 ,5 0 0 ,0 0 0
6 ,5 0 0 ,0 0 0
9 ,5 7 9 ,0 0 0
4 2 0 ,5 0 2
2 3 7 ,9 0 8
5 3 .3 2 9
2 6 3 ,1 4 6
3 ,5 0 0
1 ,2 0 6 ,3 8 7

T o t a l ..................................................................2 1 , 7 6 3 , 7 7 2

1891.
*
2 0 ,9 4 3 .8 6 9
4 5 3 ,5 6 4
4 3 7 ,4 4 4
1 1 5 ,6 9 3
1 0 4 ,6 6 5
9 5 ,2 5 8
4 7 ,7 2 5

1392.
$
2 1 ,2 3 7 ,2 5 6
4 5 3 ,5 6 4
7 0 6 ,3 0 0
8 6 ,3 1 5
1 0 3 ,6 9 9
1 3 3 ,7 5 4
4 6 ,4 4 1

2 2 ,1 9 8 ,2 2 3

2 2 .7 6 7 .3 2 9

3 .5 0 0 .0 0 0
6 .5 0 0 .0 0 0
9 ,8 8 9 ,0 0 9
4 7 8 ,6 7 7
2 7 2 ,2 0 2
5 5 ,8 8 3
2 9 8 ,2 3 2
1 ,2 0 4 ,2 2 3

3 .5 0 0 .0 0 0
6 .5 0 0 .0 0 0
1 0 ,2 4 9 ,0 0 0
5 0 5 ,7 9 0
2 4 4 ,1 1 7
5 6 ,9 5 8
2 4 1 ,1 8 2
1 5 ,7 1 5
1 ,4 5 4 ,5 6 7

2 2 ,1 9 8 ,2 2 3

2 2 .7 6 7 .3 2 9

(For the year ending Dec. 31, 1899),
The annual report of President Kimball will be found on
subsequent pages, giving much more extended information as
to the operations of the past year than is practicable in this
column; also the detailed balance sheet on Dec. 31, 1892.
The comparative statistics for four years have been compiled
for the C h r o n i c l e as follows ;
A v e r .m ile s o p e r.

Operations—

1889.
591

1890.
826

1891.
1 ,0 9 1

11892.
1 ,3 0 8

1 ,5 1 9 ,2 3 1
P a s s 'g e r s c a r r ’ d .
8 4 1 ,9 8 6
1 ,8 8 7 .5 2 2
2 ,2 3 2 ,9 0 9
6 4 ,0 8 6 ,4 5 0
P a s s ’ g e r m ile a g e 3 6 .3 9 2 ,4 6 6
7 1 ,3 9 4 ,7 6 1
7 6 .5 3 0 ,5 3 1
2 - 8 6 2 o ts .
R a t e p . p a s s .p .m . 3 - 0 1 7 c t s .
2 -9 3 8 c t s .
2 -8 6 1 c ts .
5 ,0 5 9 .5 9 5
F r ' g h t ( l ’ n s ) r a r ’d
3 ,4 3 5 ,7 9 7
5 ,7 9 7 ,9 4 1
6 ,6 2 4 ,7 2 7
F r ’ t tt’ n s ) m il'g e .8 1 9 .1 6 0 ,3 9 4 1 0 0 3 .8 7 2 ,7 2 6 1 2 9 2 ,9 3 4 ,6 3 1 1 4 4 4 ,8 3 5 ,6 2 0
0 -5 7 1 c ts .
R a t e p . to n p . n i.
0 5 4 9 cts .
0 -5 4 8 c ts .
0 -5 3 7 e ts.
Earnings—
$
1 ,6 1 2 ,2 6 0
1 .8 1 9 ,5 9 3
P a s s e n g e r ..................
9 4 0 ,3 0 5
1 ,8 8 0 ,8 2 0
F r e i g h t ...........................
4 ,4 1 7 ,3 1 5
5 ,6 3 6 ,2 1 8
6 ,9 3 0 ,1 3 0
7 ,6 3 4 ,2 3 0
3 1 3 ,4 3 3
3 8 8 ,3 1 9
M a il,e x p r e s s ,& e .
2 3 9 ,5 0 5
4 3 7 ,8 3 1
T o t .g r o a s e a r n s

5 ,5 9 7 ,1 2 5

7 ,5 6 1 ,9 1 6

9 ,1 8 8 ,0 4 2

9 ,9 5 2 ,8 8 1

M a m t’c e o t w a y
M a in t ’c e o f c a r s .
M a iu t o f e n g iu e s
C o m m e re T d e p t.
T r a n s p o r t a t io n ..
G e n e i a l ..........................

6 2 4 ,2 4 8
3 1 3 ,5 5 7
722 042
150 509
1 ,4 9 9 ,9 4 4
1 7 3 ,0 5 2

9 3 0 ,9 3 6
4 2 1 .9 0 2
1 ,0 0 0 .9 2 6
2 1 2 ,1 3 2
2 ,0 6 1 ,2 9 9
2 1 1 .4 1 5

1 ,0 0 1 ,5 0 1
4 7 2 ,1 4 1
1 ,3 2 0 ,5 8 4

9 9 6 ,2 7 9
7 0 2 ,4 8 9
1 ,6 3 7 ,7 5 8
2 6 3 ,0 6 6
3 .0 9 0 ,8 3 2
3 4 1 ,2 4 9

Operating expenses—

T o t . o p e r. e x p .
N e t e a r n in g s

..

P .c .o p .e x .t o e a r n

2 5 2 ,7 4 9
2 ,6 3 5 ,6 8 5
2 7 7 ,1 0 7

3 ,4 8 3 ,3 5 2

4 ,8 3 8 ,6 1 0

6 ,0 0 9 ,7 6 7

7 ,0 3 1 ,6 7 3

2 ,1 1 3 ,7 7 3

2 ,7 2 3 ,3 0 6

3 ,1 7 8 ,2 7 5

2 ,9 2 1 ,2 0 8

62*00

64*00

65*41

70*65

INCOME ACCOUNT.

Receipts—
N e t e a r n in g s ....
O th e r r e c e ip t s ...
N e t in c o m e ..

1889.
$
2 ,1 1 3 ,7 7 3
1 4 4 ,1 4 8
2 ,2 5 7 ,9 2 1

1890.
$
2 ,7 2 3 ,3 0 6
2 3 3 ,9 1 9
2 ,9 5 7 ,2 2 5

1891.
$
3 ,1 7 8 ,2 7 5
* 2 9 1 ,6 4 5
3 ,4 6 9 ,9 2 0

1892.
$
2 .9 2 1 ,2 0 8
* 2 3 0 ,8 6 6
3 ,2 0 2 ,0 7 4

Disbursements—
I n t . o n b o n d s ,& c . 1 ,4 5 1 ,2 6 5
1 ,8 1 4 ,0 0 3
2 ,2 6 6 ,1 3 1
2 ,4 2 8 ,4 5 4
D i v . o n p r e f . s t k . ( 3 % ) 6 6 0 , 0 0 0 ( 3 % ) 7 3 5 , 0 0 0 ( 3 % ) 1 , 0 7 2 , 5 0 0 ( 2 * f i% ) 1 , 0 3 0 . 0 0 0
M is c e lla n e o u s . . .
4 1 ,6 0 9
8 8 ,6 0 6
......................
4 7 ,3 0 8
T o t .d is b u r s e ’ t s

2 ,1 5 2 ,8 7 4

2 ,6 3 7 ,6 1 4

3 ,3 3 8 ,6 3 1

3 ,5 0 5 ,7 6 2

B a la n c e , s u r p lu s

1 0 5 ,0 4 7

3 1 9 ,6 1 1

1 3 1 ,2 3 9

d e f . 3 0 3 ,6 8 8

* O f t h e s e a m o u n t s , i n 1 8 9 1 $ 1 3 5 ,0 0 0 w a s “ f r o m t h e s p e c ia l d iv i d e n d
f u n d o f $ 2 7 0 ,0 0 0 p r o v id e d a t t h e t im e o f t h e a c q u is it i o n o f t h e S h e n a n d o a h V a l l e y R R . , ” & c ., a n d i u 1 8 9 2 t h e b a la n c e o f s a m e , $ 1 3 6 ,2 6 0 .

THE CHRONICLE.

6 68

GENERAL BALANCE SHEET DECEMBER 3 1 .
1890.
1891.
A s s e ts —
$
$
9
6
,
6 8 6 ,7 8 3
R a il r o a d a n d e q u i p m e n t ......... 8 6 , 3 2 5 ,0 3 2
1 ,7 2 7 .0 0 0
B onds of com pan y ow n ed —
3 , 2 6 7 ,0 0 0
1 ,1 5 1 ,5 0 0
B on d s and stocu s o f oth e r c o ’a
1 ,1 5 1 ,5 0 0
7 1 0 .3 2 4
M a t e r ia ls a n d s u p p l i e s ............
6 9 2 .7 1 3
1 ,0 2 8 ,8 8 8
A c c o u n t s r e c e i v a b l e ...................
8 4 2 ,9 0 0
A d v a n c e s ...........................................
4 2 8 ,0 0 3
2 ,0 1 4 ,7 1 3
C a s h ............................................. . . .
2 ,7 4 6 ,5 0 6
1 0 5 .1 0 0
S t o c k h e l d b y t r u s t e e .................
3 ,1 0 5 ,1 0 0

1892.
'
$
1 0 5 .C 9 6 .9 1 1
5 .9 3 8 ,0 0 0
1 ,3 3 1 ,5 0 0
8 5 5 ,7 3 2
1 ,5 7 5 ',1 8 3
8 4 0 ,4 8 2
1 0 5 ,1 0 0

9 8 ,5 5 8 ,7 5 4

1 0 8 ,4 2 1 ,3 0 8

1 1 5 ,7 4 2 ,8 1 3

S t o c k , p r e f e r r e d ........................... 3 1 , 5 0 0 ,0 0 0
S t o c k , c o m m o n ...............................
9 ,5 0 0 ,0 0 0
B o n d s (S e e S u p p l e m e n t ) ......... 4 8 , 2 0 2 , 2 0 0
C a r t r u s t s .................................
7 2 2 ,7 2 4
C o l l a t e r a l l o a n ...............................
2 , 0 0 0 ,0 0 0
B ills a n d a c c o u n t s p a y a b l e . . .
1 ,4 7 0 ,1 2 7
A c c r u e d i n t e r e s t . .........................
0 6 6 ,1 7 1
M is c e l la n e o u s ............. ....................
4 2 ,2 7 0
I n c o m e a c c o u n t .............................
1 ,4 5 5 ,2 6 2

4 0 ,0 0 0 ,0 0 0
9 ,5 0 0 ,0 0 0
5 0 ,9 4 3 ,2 0 0
5 3 3 ,3 1 4
2 ,0 0 0 ,0 0 0
1 ,1 4 2 ,5 4 5
8 2 0 ,0 9 1
2 8 .1 7 7
1 ,4 5 6 ,9 7 7

4 3 ,0 0 0 , 0 0 0
9 ,5 0 0 .0 0 0
5 4 . 7 7 0 ,2 0 0
2 ,4 1 9 ,5 4 2
2 .0 0 0 ,0 0 0
2 ,1 2 4 ,2 7 3
8 9 4 ,0 6 5
2 1 ,0 0 0
1 ,0 1 3 ,8 3 2

9 8 , 5 5 3 ,7 5 4

1 0 6 ,4 2 4 ,3 0 7

1 1 5 ,7 4 2 ,9 1 3

T o t a l a s s e t s .............................

Liabilities—

T o t a l lia b il i t i e s

GENERAL IN V E S T M E N T

NEWS.

Boston & Maine.—On April 20 the Massachusetts House
passed the Boston & Maine consolidation bill, giving the Bos
ton & Maine road authority to lease or purchase the Concord
& Montreal road. Having nosv passed both branches of the
Legislature, it goes to the Governor for his signature.
Charleston Cincinnati & Chicago.—Negotiations are in
progress for the reorganization of this company and the com
pletion of the road. A definite proposition has been made by
a syndicate, which has been favorably received. The scheme
is understood to include the formation of a new company to
complete the road, the capital fpr this purpose to be furnished
by the syndicate. The securities of the old company will be
surrendered by their present owners, who will receive in return therefor securities of the new corporation.
Clearfield & Mahoning—Buffalo Rochester & Pittsburg.
—The connection between the Buffalo Rochester & Pittsburg
and the Beech Creek road will be completed by the middle of
next month. The new road is called the Clearfield & Mahon
ing and is leased to the B. R. & P. under a guarantee of 5 per
cent on §650,000 of bonds and 6 per cent on a similar amount
of stock, making an annual charge of §71,500. These figures
are corrected slightly from those given in an item in the
C h r o n i c l e of April 15.
Detroit Gas.—The capital stock and boads of the Detroit
Gas Co. were listed last wetk on the New York Stock E x
change. The company was organized in November, 1892, and
has since acquired the plant, franchises and other property of
the three companies in Detroit that supply that city with gas.
On a subsequent page is given the application made to the
Exchange for the listing of the securities, and which gives
the details of the merging of the old companies into the new
one.
Edison Electric Illum inating Co.—In Albany, April 14, was
filed with the Secretary of State a certificate showing that
this company had increased its capital stock from §6,500,000
to §10,000,000. It is is stated that the amount of capital
paid in is §6,500,000 and that the whole amount of the debts
and liabilities of the corporation is §3,500,000.
General E lectric.—A dispatch from St. Louis to-day in
K i e m a n ’s N e w s -L e tte r says: “ Judge Hallett, of the United
States Circuit Court, has just handed down a decision denying
the motion of the Edison Electric Light Co. for an injunction
against the Columbia Incandescent Lamp Co. of this city,
and giving the last-named company the right to continue the
manufacture of incandescent lamps notwithstanding the
Edison patent. The defense in this case was the prior inven
tion of Goebel. The motion was warmly contested, the argu
ment having lasted four days.”
Georgia P acific.—In the C h r o n i c l e of April 1, on page
537, a report of the earnings of this road was given for the
year ending June 30, 1892. The figures were compiled from
returns made to the Alabama State Commissioners and were
apparently for the whole road, but it turns out, on investiga
tion, that the earnings in 1891 and 1892 were reported only
for that part of the road in the State of Alabama, while in
1890 they were for the entire line ; the statement should be
read therefore with this explanation.
Hudson ^Suspension Bridge & New England.—The real
estate and other property o f this company were sold last
week at Newburg under foreclosure of a first mortgage, un
der which bonds had been issued to the amount of $1,226,000.
The property was bid in by Rowland Hazard o f Providence,
representing the bondholders.
Kansas City Pittshnrg & Gulf.—This company has author
ized an issue at the rate of §25,000 per mile of 30-year 5 per
cent first mortgage gold bonds. For the first four years the
bonds are incomes, each coupon for that period being entitled
to share pro rata in the earnings. The road, which has been
in operation to Hume, Mo., 81 miles south from Kansas City,
will be open in a few days to Pittsburg, 50 miles south of
Hume. From this point construction is in progress and dur
ing the summer Joplin will be reached 25 miles south of
Pittsburg, where connection will be made with the Kansas
City Fort Smith & Southern, which has been acquired and
runs from Joplin south to Sulphur Springs, 50 miles.

(VOL. LVI.

At the last session of Congress a bill was passed
granting the right of way through the Indian Territory and
the company is now grading towards Fort Smith, Ark. The
Texarkana & Fort Smith road, 26 miles in length, has been
acquire 1, and will be used as a portion of the Kansas City Pitts
burg & G u l f in its proposed line to the Gulf o f Mexico. See
map in t h e I n v e s t o r s ’ S u p p l e m e n t .
Kings County Elevated.—About four-fifths of the holders
of the second mortgage bonds of the Kings County Elevated
Railroad Company have agreed to surrender one-third of
their interest in exchange for non-cumulative 6 per cent in
come debentures of equal amount and to put the coupons in
trust for the years 1893 and 1894 on the remaining two-thirds
of the bonds. There are holders o f 700 of the bonds
who have not signified their intention, and, as a pre
cautionary measure, counsel has obtained an injunction
from Judge Dykman to restrain the Central Trust Company
or any of the bondholders from interfering with the plan for
re-adjustment or with the operation of the company.
Litchfield Carrollton & Western—Chicago Peoria & St.
Louis.—The Litchfield Carrollton & Western has authorized
a consolidated mortgage under which 5 per cent bonds will
be issued at the rate of §15,000 a mile to extend the road from
its present terminus to Quincy, 28 miles, which will give the
road a new ou'let for its coal in Iowa. The mortgage also
provides for the retirement of the §516,000 first mort. sixes.
Louisville New Albany & Chicago.—At Indianapolis, April
19, Judge Bartholomew, of the Superior Court, granted the
petition for the removal of the suit of Craig, a stockholder, to
the Federal Circuit Court. The petitioners were C. S. Brice
aud Samuel Thomas, who alleged residence in another State.
Minneapolis & St. Louis.—The suit to foreclose the im
provement and equipment mortgage is now being heard at
Minneapolis. The Court has directed the payment of some
additional coupons; two on the Iowa extensions and one each
on the equipments and the consols. An appeal was taken on
the order, which will delay the payment tor 30 days. The
stockholders’ committee report that over 90,000 shares of the
stock have been deposited with the Central Trust Co.
Missouri Pacific.—Mr. George J. Gould is quoted in an inter
view in the D a ily S to c k h o ld e r as sayme: “ The total floating
debt of the company in September, 1891, when the dividend
for that quarter was passed, aggregated $4,481,347. That
amount has been reduced until it is now $3,690,000. I hold it
all but §800,000, aud Mr. Russell Sage holds that. Against
this floating debt Missouri Pacific has in its treasury and owns
absolutely the following securities: §1,000,000 Iron Mountain
5 per cent bonds, $3,000,000 Missouri Pacific first collateral
trust 5 percent bonds, §5,500,000 Wabash debenture B bonds—
total $9,500,000, It has been thought wise not to sell these
bonds at the prices quoted for them in the general market;
but should the directors decide at auy time that the company
should be relieved of its floating debt, I am willing to take
enough of the above securities at a fair price to liquidate my
claim against Missouri Pacific, and I have no doubt Mr.
Sage would be willing to do the same thing. Until some sat
isfactory disposition of the floating debt can be made, Mr.
Sage and myself are entirely willing to carry amounts due us."
New York Central & Hudson.—At the annual meeting of
stockholders held Jin Albany, about §65,000,000 of stock
was represented. The old board of directors was re-elected
except that Samuel D. Babcock was chosen to fill the vacancy
occasioned by the death of Cyrus W. Field. Besides the elec
tion of directors the following questions were voted on at
separate meetings of the stockholders, viz.: To authorize the
increa-e of the capital stock of the company from $89,423,300
to §100,000,000 ; to authorize the acquirement of the New
York & Northern Railway ; to authorize the leasing of the
following lines: Mohawk & Malone, Carthage & Adiron
dack, and Gouverneur & Oswegatcliie. Ail these propositions
were accepted.
Northern Pacific.—A meeting of the boaid o f directors
was held on the 20th and the following was given out as an
official statement of the proceedings of the board :
A t a m e e t in g o f t lie N o r t h e r n P a c i f ic b o a r d t o -d a y a p l a n f o r f u n d i n g
t h e f lo a t i n g d e b t w a s p r e s e n t e d b y t h e F i n a n o e C o m m it t e e a n d p r a c t i 
c a l ly a d o p t e d . T h is p l a n w i l l b e p r e s e n t e d t o t h e p u b l i c a t a n e a r ly
d a t e . I t w il l p r o v i d e f o r a ll t h e c o m p a n y ’ s lia b il i t i e s a n d a t t h e p r o p e r
tim e t h e s t o c k h o l d e r s a n d f r i e n d s o f t h e c o m p a n y w il l h a v e a n o p p o r 
t u n it y t o p a r t i c i p a t e .
M&q
A n y p e r s o n o r p e r s o n s n o t o f fic e r s o f t h i s c o m p a n y w h o h a v e s o 
l ic i t e d s u b s c r ip t i o n s t o a f u n d f o r t h e p u i c h a s e o f N o r t h e r n P a c i f ic so c a l l e d c o ll a t e r a l t r u s t c e r t i f ic a t e s h a v e a c t e d o n t h e i r o w n r e s p o n s i 
b i li t y a n d w it h o u t a n y a u t h o r i t y o r s a n c t i o n o f t h e o o m p a n y .

The last paragraph in the above is understood to have ref
erence to the proposition contained in the following letter sub
mitted to the meeting from Mr. Brayton Ives, a member of
the special committee appointed by the stockholders which
recently investigated the affairs of the Northern Pacific.
120 B roadw ay, N ew Y ork.
A p ril 18, 189 3.
F . O a k e s , E s q ., P r e s id e n t N o r t h e r n P a c i f ic R a il r o a d O o m p a n y .
D e a r 8 m : R e fe r r in g to m y le tte r t o y o u o f M a rch 1 5 , 1 b e g t o s a y
t h a t th e fin a n c ia l p la n t h e r e in r e f e r r e d t o c o n t e m p la t e s t h e c r e a t io n o f
a c o ll a t e r a l t r u s t in w h i c h s h a ll b e p l a c e d $ 1 0 ,0 0 0 ,0 0 0 N o r t h e r n
P a c if ic c o n s o l id a t e d f iv e s , $ 3 ,0 0 0 ,0 0 0 C h ic a g o & N o r t h e r n P a c t f ic f i r s t s ,
a n d a ll o f t h e S t. P a u l & N o r t h e r n P a c i f ic s t o c k b e l o n g i n g t o t h e
N o r t h e r n P a c i f i c C o m p a n y , e s t im a t e d a t $ 7 , 0 0 0 ,0 0 0 . A g a i n s t t h e s e
s e e m i t i e s i t is s u g g e s t e d t h a t n o t e s t o t h e e x t e n t o f $ 12, 0 0 0 ,0 0 0 b e
is s u e d , b e a r i n g 6 p e r c e n t i n t e r e s t , a n d p a y a b le in f iv e y e a r s o r b e f o r e ,
a t t lie p l e a s u r e o f t h e c o m p a n y , p r o v i s io n b e in g m a d e a t t l i e s a m e t im e
t o r t h e in c r e a s e o f t h e a m o u n t o f t h e n o t e s t o $ 1 5 ,0 0 0 ,0 0 0 o n t h e d e 
p o s i t o f a d d it i o n a l c o ll a t e r a l s e c u r it y s a u s f a c i o r y t o t h e u n d e r w r it e r s .
I a m h a p p y t o h e a b le t o r e p e a t, t h e b e l i e f a l r e a d y e x p r e s s e d t h a t i f
t h e b o a r d o f d i r e c t o r s w il l a l lo w t h e u n d e r w r it e r s t o n a m e s e v e n rtiT.

A p r il

22,

1893.J

THE CHRONICLE.

669
a

r e c t o r s o f t h e c o m p a n y , t lie e n t ii e a m o u n t o f n o t e s w il l b e s u b s c r ib e d
t'ur w it h o u t d e la y . I n ju s t i f i c a t i o n o f t h is b e l ie f t b o s t o in fo r m y o u
t h a t r e s p o n s i b le p a r t ie s h a v e a l r e a d y s i g n e d a n a g r e e m e n t t o t a k e ,
u n d e r t h e fo r « g * 4 )u s t e r m s , $ 7 .0 U O ,0 0 0 o f s u c h n o t e s a t 9 5 p e r c e n t
le s s a com in is-J jp ii o f 1*2 p e r r e u t . S h o u ld th is p r o p o s i t io n b e a c c e p t e d
b y th e b o a r d I a'rn c o n v i n c e d t h a t s ig n a t u r e s f o r t h e r e m a in in g a m o u n t
c a n b e e a s i ly o b t a in e d . I t is o n l y j u s t t o a ll c o n c e r n e d t h a t a d e c i s io n
s h o u l d b e r e a c h e d w it h o u t f u r t h e r d e l a y , a n d a s t h e b o a r d b a s b a il a n
o p p o r t u n i t y o f c o n s i d e r in g t h e p r o p o s d p la n f o r m o r e t h a n a m o n t h . I
r e s p e c t f u l l y a s h t h a t a c t io n b e t a k e n a t i t s n e x t m e e t in g , w h ic h , I u n 
d e r s t a n d , is t o b e h e l d o n t h e 2 0 th in s t.
Y o u rs v e r y r e s p e c t fu lly ,
(S ig n e d ),
B kayton* I v e s .

R

e p o r t s

C H IC A G O

a n d

S o c m

B U R L IN G T O N

THIRTY-NINTH

&

ANNUAL

i t je t t t s .

Q U IN C Y

R R .

REPORT.

C h ic a g o ,

April 7,1893.

T o the Stockholders o f the Chicago Burl. & Q u im y RR. C o :

Your Directors submit the following reoort of the opera
It is reported that the names of the subscribers to Mr. Ives’s
syndicate included the Mercantile Trust Co., Kuhn, Laeb & tions c f the Camp any for the year ending December 31, 1893 :
E A R N IN G S A N D E X P E N S E S .
Co. Equitable Life Assurance Co., Russell Sage, August
Belmont & Co., Vermilye & Co., W . T. Hatch & Son, Henry
The Gross E lm mgs of the Company, incluling all leased
Clews & Co., Kountze Bros. & Co., JohDSton, LiviDgston, roads and branches, have been :
Hartley & Graham, estate of Frederick Billings, Treasurer F r o m F r e i g h t ...........................................................$ 2 2 ,7 6 4 ,0 0 6 7 2
John E. Searles of the American Sugar Refining Co., John F r o m P a s s e n g e r s ............ ......... ............................ 7 ,2 2 3 ,1 4 3 11
3 , 0 1 1 ,2 4 4 10
Jacob Astor, J. & W. Seligman & Co., and W in-low, Lanier F r o m M a il, E x p r e s s a n d M is c e l l a n e o u s . . ----------------------------$
3 3 ,0 0 2 ,3 9 3 9 0
& Co., of New York ; and Charles D. Barney & Co. and tlio
The Operating Expenses and Charges have
Provident Life & Trust Co. of Philadelphia.
been as follows :
.$ 2 1 ,2 0 1 ,6 5 6 3 5
Ohio & Mississippi—Baltimore & Ohio Southwestern.— O p e r a t in g E x p e n s e s ...............
...............................
1 ,2 6 7 * 8 5 4 6 7
The committees representing the security holders of the Ohio TR ea nxte os f.............
T r a c k s a n d D ep ots.
3 1 4 ,5 7 3 14
& Mississippi and the Baltimore & Ohio Southwestern Rail I n t e r e s t o n B o n d s .................... .
6 ,1 1 :3 ,7 3 ? 8 9
roads announce that the total amount o f securities of the S in k in g F u n d s .............................
7 6 5 ,1 8 5 9 2
---------------------------- 2 9 , 6 6 2 ,5 0 7 88
latter deposited up to this date both here and in London,
under the plan of consolidation, reaches 814,986.000, out of
L e a v i n g N e L E a r n in g s .................................................................. $ 3 , 3 3 9 , 3 8 6 0 3
$19,600,000. The deposits of the Ohio & Mississippi securi A d d f o r D iv i d e n d s a n d I n t e r e s t o n S e 
c u r it i e s o f C o n t r o lle d R o a d s ....................... S I , 1 7 0 ,5 6 4 0 3
ties, including the 5 per cent bonds, amount to $22,000,000,
1 1 1 ,2 5 3 7 3
out of $28,098,000. The time for the exchange of securities O th e r I n t e r e s t a n d I n c o m e .............................
---------------------------1 , 2 8 1 ,8 1 7 8 1
expires May 1, by which date deposits must be made in order
to participate,
$ 4 ,6 2 1 ,7 0 3 8 9
Dividends have been paid as follows :
Philadelphia & Reading.—Mr. Joseph S. Harris has ac
a r c h 1 5 . 1 8 9 2 , 1>4 p e r o e n t .........................
$ 9 5 4 ,9 3 7 5 0
cepted the presidency of this company. On the 19th, at a M
J u n o 1 5 , 1 8 9 2 , I t i p e r c e n t .............................
9 5 4 ,9 18 7 5
meeting of the Board of Managers, the resignation of Samuel S e p t e m b e r 1 5 , 1 8 9 2 , i t * p e r c e n t ............
9 5 4 ,9 4 - < 7 o
D
e
c
e
m
b
e
r
15,
L
8
92,
l
1*
p
e
r
c
e
n
t
.................
9
5 5 ,0 8 7 5 0
R. Shipley as a member of the hoard was tendered and ac
------ ------- -------------3 , 8 1 9 ,9 3 2 5 0
cepted, and Mr. John Lowber Welsh was elect jd to fill the
vacancy.
-■■■•
S u r p l u s ..................................................................................................
$ 8 0 1 ,7 8 1 3 9
—At a meeting of the Finance Company of Pennsylvania, N e t R e c e i p t s o f B & M . R . R R . in N e b r a s k a L a n d D e .....................................................................
1 8 8 ,5 7 1 5 6
X
ia
ru
n
e
n
t
f
o
r
t
h
e
y
e
a
r
its relations with the Reading Railroad Company were partly
explained by President Earle. He said that it was arranged
1892 C O M P A R E D W IT H 1891.
that, shou’ d Mr. Earle cease to be President of the Finance
r o s s E a r n in g s f r o m O p e r a t in g in 1 8 9 2 .................................. $ 3 3 ,0 0 7 ,3 9 3 9 6
Company, the Reading could select a new- coal sales agent and G
G r o s s E a r n in g s f r o m O p e r a t in g i n 1 8 9 1 .................................. 2 7 ,9 1 6 ,1 2 7 7 8
terminate the contract at once. It was alsa stipulated on the
I n c r e a s e in 1 S 9 2 .............................................................................. $ 5 , 0 8 6 2 6 6 18
other hand, in case of a change in the presidency of the Read
ing, the Finance Company could relire from its present posi E x p e n s e s n n d C h a r g e s i n 1 8 9 2 ............................................. ......... $ 2 9 ,6 6 2 ,5 0 7 88
tion. A stockholder moved to have President Earle’s life E x p e n s e s a n d C h a r g e s i n 1 8 9 1 ........................................................ 2 5 ,3 6 1 ,6 4 2 88
insured, in view of these facts, for such an amount as would
I n c r e a s e in 1 8 9 2 . . . ........................................................................ $ 4 ,3 0 0 ,8 6 5 0 0
be commensurate with ;the commissions from year to year.
This was referred to the board of director's.
N e t E a r n in g s i n 1 S 9 2 ........................................................................... $ 3 , 3 3 9 , 3 8 6 0 8
Mr. Earle then explained the transaction involving the N e t E a r n iL g s i n 1 8 9 1 ............................................................................ 2 ,5 5 4 , 4 3 4 9 0
purchase of 3,000 shares of New England stoak. He said the
I n c r e a s e i n 1 8 9 2 .............................................................................. . $ 7 8 5 .4 9 1 1 8
Reading Railroad management asked the Finance Company
to buy the stock in order to insure Reading control in the New P e r c e n t a g e o f O p e r a t in g E x p e n s e s ( in c l u d i n g T a x e s ) t o
G r o s s E a r n in g s in 1 8 9 2 ............................................... ...................
68 0 8
York & New England Railroad, and that the Reading Com
g E x p e n s e s ( in c l u d i n g T a x e s ) t o
pany being such a good and profitable customer, the Finance P eGr rcoe snst aEgaer no fiuOg ps ei rna 1t in
8 9 1 ..................................................................
66 4 5
Company could not refuse the request with a good grace, and
I n c r e a s e i n 1 8 9 2 ................................................................................
1 -6 3
so consented to pui'chase the required shares and hold them
until after the annual meeting, at which Mr. McLeod was
T o t a l n u m b e r o f P a s s e n g e r s c a r r i e d o n e m ile i n 1 8 9 2 ,
elected President. Since the stock was sold out the com
e x c l u s iv e o f F r e e M il e a g e ..............................................................
3 2 5 ,6 1 1 ,1 1 8
pany’s loss on the transaction was about $15 000, which, Mr. I n 1 8 9 1 .......................................................................................................... 2 8 9 ,3 4 3 ,4 9 3
Earle explained, was a trifle compared with the revenues
I n c r e a s e in 1 8 9 2 .......................................................................
3 6 ,2 6 7 ,6 2 5
which it had derived and would continue to derive from the
coal contract with the Reading Company.
G r o s s E a r n in g s f r o m P a s s e n g e r s in 1 8 9 2 ................. ............. $ 7 ,2 2 1 , 1 4 3 1 4
Pullman's Palace Car Co.—The receDt advance in Pullman’s
Palace Car Co.’s stock was explained by the talk of a proposed
issue of new stock at par to present holders, on the basis of
one new share for five of the present stock. The object of the
issue would be to increase the working capital of the company
in the manufacturing branch of its business. At the adjourned
meeting, held April 21, it was voted to increase the capital
stock 20 per cent. Stockholders of record on May 1, 1893,
will have the option until May 15, 1893, to subscribe for such
stock at par, to an extent not exceeding one-fifth of their
holdings of record on May 1. The transfer books will close
May 1 and reopen May 16, 1898.

G r o s s E a r n in g s f r o m P a s s e n g e r s i n 1 8 9 1 ...............................

6 ,7 2 9 ,8 0 9 4 5

I n c r e a s e in 1 8 9 2 ................... ............................................................... $ 4 0 3 ,3 3 3 6 9
T o t a l n u m b e r o f T o n s o f F r e i g h t c a r r ie d o n e m il e i n 1 8 9 2 2 ,3 4 5 ,4 4 2 ,1 5 1
I n 1 8 9 1 .................................................................................................
1 ,8 0 4 ,9 7 7 ,5 0 5
I n c r e a s e in 1 8 9 2 ................................................. ............................

5 4 0 ,4 6 4 ,6 4 6

G r o s s R e c e i p t s f r o m F r e i g h t i n 1 8 9 2 .........................................$ 2 2 ,7 6 8 ,0 0 6 7 2
G r o s s R e c e i p t s f r o m F r e i g h t i n 1 8 9 1 ........................................ 1 8 ,3 6 9 ,8 2 1 2 4
I n c r e a s e in 1 8 9 2 .............................................................................. $ 4 , 3 9 8 , 1 8 5 4 3
C A P IT A L

STOCK.

The Capital Stock of the Chicago Burlington & Quincy
Richmond T erm in al—At the offices of Messrs. Drexel, Railroad Company at the date of the last Report
Morgan & Co. it is learned that the deposit of the Richmond
w a s ...........................................................................$ 7 6 ,3 9 3 ,0 0 0 0 0
Terminal securities has been very satisfactory. The recent I s s u e d d u r i n g t h e y e a r o n a c c o u n t o f
C. B . & Q . R R . 5 p e r c e n t B o n d s o f
deposits include the entire holdings of the First National Bank
1 9 0 3 c o n v e r t e d .................................................
1 4 ,0 0 0 0 0
syndicate in New York.
T o t a l C a p it a l S t o c k C. B . & Q . R R . C o.

St. Lonis Terminal RR.—The stockholder's of the St. Louis
D e c e m b e r 3 1 , 1 8 9 2 .......................................................................... $ 7 6 ,4 0 7 ,0 0 0 0 0
Terminal Railroad Association have formally ratified the pro C a p it a l S t o c k o f t h e B u r l i n g t o n & M is 
. H R . C o. (Io w a )D e c . 3 1 , ’ 91
$ 1 ,9 0 5 0 0
position of the directors to increase the capital stock from L essosu rsi uRbiv
s c r ip t i o n s t o B . & M . E . R R .
§7,000,000 to $12,000,000. The bonded indebtedness will be
(I o w a ) S t o c k p u r c h a s e d a n d c a n c e l e d .
405 00
*
1
BA
increased for the purpose of carrying out and completing the
various terminal improvements, including the new Union
Passenger Station and the ei'ection of six large terminal ware A g g r e g a t e o f C a p it a l S t o c k o n D e c e m b e r 3 1 , 1 8 9 2 ........ $ 7 6 ,4 0 8 ,5 0 0 0 0
houses on the site of the old passenger station.
FUNDED DEBT.
The Funded Debt of this Company at the date of the last
Texas Central.—The Texas Centi'al Railroad, the new
company recently organized to acquire the property of the Report, including contingent liabilities for its branch roads,
Texas Central Railway, sold in foreclosure April 22, 1891,
w a s .................................................................................. ..........................$ 1 1 4 ,4 3 1 ,4 8 0 8 4
has an authorized capitalization of $4,000,000 of stock, of
There have been issued during
which $1,325,000 is 5 per cent non-cumulative preferred stock, the year Bonds as follows :
and $2,000,000 of 30-year 1st mortgage bonds. The mortgage C . B . & Q. C o n s o li d a t e d
is to provide for old liabilities, betterments and future exten
M o r tg a g e 7 p e r c e n t
sions. The old bondholders are to receive 100 per cent of their
B o n d s o f 1 9 0 3 , s o l d . . . . $ 8 0 0 ,0 0 0 0 0
holdings in the new common stock and 50 per cent in the new C . B . & Q. c o n v e r t i b l e 5
p er cen t B on ds o f 1903,
5 per cent preferred stock.
The new securities are now being
s o l d ........................................... 7 , 6 3 9 , 5 0 0 0 0
engraved.
$ 8 ,4 3 9 ,5 0 0 0 0

THE CHRONICLE

670
B rou gh t fo rw a r d

$ 114, 431,480

.........................$ 8 , 430,500

84

The redactions daring the
year have been as follows :
Purchased for Sinking
Funds and canceled:
C. B . & Q . 4 p e r c e n t B o n d s
o f 1 9 1 a ( I o w a D iv i s io n ) . $ 2 1 4 ,0 0 0
C. B . <fc Q. 4 p e r c e n t B o n d s
o f 1 9 2 7 (N e b ra s k a E x 
t e n s io n ) ......................................
3 1 9 ,0 0 0
B . & M . R . R R (Io w a ) L an d
G ra n t 7 p er cen t B on ds
o f 1 8 9 3 .......................................
3 6 0 ,3 5 0
C o n v e r te d in to s to ck :
C . B . & Q. 5 p e r c e n t B o n d s
o f 1 9 3 3 .......................................
1 4 ,0 0 0

[V

ol.

L V I,

B r o u g h t f o r w a r d .................................................................................................$5 4 3 ,0 4 1 tS-

On the Chicago Burlington & Quincy Railroad
and Branches in Iowa:
F o r L a n d a n d R i g h t o f W a y .................................
N e w S id e T r i c k s .......... ...................... .................
O v e r c r o s s i n g C. F t. M . & D. M , R R . n e a r
O t t u m w a ................................... ............................
N e w B u i l d i n g s .......... .............
N e w I r o n B r i d g e s ......... ...................................
M is c e lla n e o u s C o n s t r u c t i o n ............................

00
00

$ 2 ,2 4 5 5 7
2 ,7 1 4 4 4
2 7 ,4 9 6 5 6
6 .2 J 0 5 3
6 , 5 'O 0 0
1 ,6 5 5 6 0
4 6 ,8 1 2 7 0

On the Burlington & Missouri River Railroad in
Nebraska and Branches:

00

00
$ 9 0 7 ,3 5 0 0 0

N e t I n c r e a s e o f F u n d e d D e b t d u r i n g t h e y e a r ...............

7 ,5 3 2 ,1 5 0 0 0

There have been transferred during
the year, from the debt of controlled
properties to contingent liabilities
for branch roads, by the lease of the
Chicago & Iowa R. R., Bonds as
follows :

5 3 8 ,4 1 2 2 2

C h ic a g o & I o w a , F i r s t M o r t g a g e 8 p e r
c e n t B o n d s o f 1 9 0 0 ........................................... $ 6 0 0 ,0 0 0 0 0
C h ic a g o & I o w a . S e c o n d M o r t g a g e , 8 p e r
c e n t B o n d s o f 1 9 0 L............................................ 1 ,1 5 0 ,0 0 0 0 0
C h ic a g o B o c k f o r d & N o r t h e r n F i r s t M o r t 
g a g e 8 p e r c e n t B o n d s o f 1 8 9 5 ................... 2 5 0 ,0 0 0 0 0

$ 1 ,1 4 2 ,2 6 6 2 0

On Account of New Lines in Ne
braska, So. Dakota and Wyoming, as
follows :
2 , 0 0 0 ,0 0 0 0 0

T o t a l F u n d e d D e b t D e c e m b e r 3 1 , 1 8 9 2 ................................ $ 1 2 3 ,9 6 3 ,6 3 0 8 4
W h o l e a m o u n t o f S t o c k a n d B o n d s D e c . 3 1 , 1 8 9 2 .......... $ i 0 J , 3 7 2 , 1 3 0 8 4

U tiles.

5 , 1 6 7 1 D joqo
1 5 7 S 4 5 1000

5 , 32469100

I n I l l in o is :

$ 3 , 6 5 1 ,9 8 3 1 4
D e d u c t f o r P r e m i u m o n B o n d s is s u e d , a n d e x o e s s o f D i s 
c o u n t o v e r P r e m iu m o n B o n d s p u r c h a s e d f o r S in k in g
F u n d s a n d c a n c e l e d .................... ........................................................
1 6 6 ,3 4 0 9 1
T o t a l C o n s t r u c t i o n ............................................... ...................................$ 3 ,4 8 5 , 6 4 2 2 3

M ile s

E Q U IP M E N T .

The cost of Equipment added during the year
w a s .............................

........................................................................

T o t a l C o n s t r u c t i o n a n d E q u ip m e n t .

309»ioo

2 ,9 0 0 ,6 5 5 1 6

,$ 6 ,3 3 6 ,2 9 7 3 9

N o t e — i u a d d it i o n t o t h e a b o v e c o n s t r u c t i o n a n d e q u i p m e n t e x p e n d i 
t u r e s , th is C o m o a n y p u r c h a s e d d u r i n g th e y e a r f r o m t h e S t. L o u is
K e o k u k & N o r t h w e s t e r n R R . C o. its f ir s t m o r t g a g e s i x p e c c e n t b o n d s
t o t h e a m o u n t o f $ 1 , 3 5 0 ,0 0 0 , w h ic h s u m h a s b e e n u s e d b y t b e l a s t n a m e d C o m p a n y in th e c o n s t r u c t i o n o f its n e w lin e in t o S t. L o u is , a s
e x p l a i n e d o n p a g e 18 [ o f r e p o r t ] .

I n W y o m in g :

10112JOO

There have been added to the Equipment during the year :

2 3 4 3 ii o o
T h e r e h a s b e e n a n e t r e d u c t io n d u r i n g t h e
y e a r , o w in g to s u n d r y c h a n g e s in jo in t
t r a c k s a n d c o n n e c t io n s a t J u n c t i o n a n d
T e r m i n a l P o in t s , o f ......... .....................................
279100
N e t i n c r e a s e o f m ile a g e d u r i n g t h e y e a r ......................................

2 3 1 6 2 ,00

E n g in e s ...........................................
P a s s ’ g e r A C o m b in a c ’ n C a rs .
B a g g a g e , M a il & E x p . O a rs.
D i n i n g C a r s .................................
W a y C a r s ....................................

112
117
15
1
20

B o x a n d C a t t le C a r s . . . . . . .
P l a t f o r m a n d C o a l C a r s ___
H a n d C a r s ...................
R u b b l e a n d I r o n C a r s ............

1 ,7 8 8
937
18
21

The Equipment at the end of the year is as follow s:

T o t a l n u m b e r o f m il e s o p e r a t e d b y t h e C o m 
p a n y , D e c e m b e r 3 1 , 1 8 9 2 .......................................

5 , 5 5 6 m , 00

Divided as follows:
N u m b e r o f m il e s o f R o a d o w n e d a n d l e a s e d b y
t h e C o m p a n y , i n c l u d i n g a ll B r a n c h e s ............ 5 ,4 0 3 4 4 ,00
M il e a g e le a s e d a n d o p e r a t e d j o i n t l y w it h o t h e r
C o m p a n ie s , a n d R o a d s f o r w h i c h a f ix e d
y e a r l y r e n t a l is p a i d ...................................................
1 5 2 7 7 , 00
-------------------A v e r a g e n u m b e r o f m il e s o p e r a t e d d u r i n g 1 8 9 2 ........ .........

5,55621x00
5 ,4 6 1 0 2 , ^

LE N G TH O F SECOND TR A C K .

In Illinois 26-100 miles and in Iowa 51-100 miles of
Second Track were built during the year.
The number of miles of Second Track on Dec]
81, 1892, was
M ile s .
2 0 4 0 i 100
8851,00
475 joo

I n I llin o is ...
I n I o w a ..........
I n N ebrask a.
T o t a l ...........

3 0 8 ,7 5 6 8 1

G r a n d I s la n d & N orth -> ru W y o m in g R R . —
F r o m G il le t t e N o r t h w e s t ,
c o m p le t e d to
S h e r i d a n ......................................................................1 ,9 = 5 .2 8 4 6 3
---------------------- - 2 ,5 0 9 ,7 1 8 9 4

101»A,oo

In N e b r a s k a :

A n E x t e n s i o n o f t h e G r a n d I s la n d & N o r t h 
e r n W y o m in g R . R ., f r o m G il le t t e w e s t w a r d
t o S h e r id a n , c o m d e t e d a n d o p e n e d f o r b u s i
n e s s N o v . 2 6 , 1 8 9 2 .....................................................

I n So uth D a k o t a .

I n W y o m in g .

T h e n u m b e r o f m ile s o f R o a d o w n e d a n d l e a s e d b y t h e
C o m p a n y , i n c l u d i n g a ll B r a n c h e s , o n D e c . 3 1 , 1 8 9 1 ,
w as—
............ ........................................................................................
A d d f o r m ila a g e l e a s e d a n d o p e r a t e d j o i n t l y w it h o t h e r
C o m p a n ie s , a n d R o a d s f o r w h i c h a f i x e d y e a r l y r e n t a l
i s p a i d ........ ...................................................................................................
T o t a l n u m b e r o f m ile s o p e r a t e d b y t h e C o m p a n y D e c . 3 1 ,
1 8 9 1 , a s s t a t e d i n t h e l a s t A n n u a l R e p o r t ..........................
H T h e r e h a v e b e e n a d d ed d u r in g th e y e a r :

A n ( E x t e n s i o n o f t h e R e p u b l i c a n V a ll e y &
W y o m i n g R a il r o a d fr o m P a li s a d e w e s t w a r d
t o I m p e r ia l , c o m p l e t e d a n d o p e n e d fo r b u s i
n e s s A u g u s t 1 5 , 1 8 9 2 ................................................

Lv N e b r a s k a .
R e p u b l ic a n T a l l e y & W y o m in g R a i l r o a d —
F r o m P a lis a d e t o i m p e r i a l ................................. $ 2 1 5 , 6 ) 5 4 5
G r a n d i s l a n d & W y o m in g C e n tr a l R R . ~
B r a n c h f r o m E n g l e w o o d t o R u b y B a s in .

LENGTH OF ROAD.

T h e C h ic a g o & I o w a R . R . l e a s e d u n d e r d a t e
o f J a n u a r y 1 , 1 8 9 2 .....................................................

F o r N e w S id e T r a c k s ............................................... $ 1 1 5 , 5 2 1 9 8
L a n d a n d R i g h t o f W a y ...........................................
2 1 ,8 5 2 8 1
N e w B u il d i n g s a n d W a t e r W o r k s ...............
8 7 .0 L 4 6 9
N e w F e n c e s ..................................................................
1 7 .9 6 0 7 0
N e b r a s k a ' i i y B r i d g e ................................................
1 3 .0 6 9 0 2
N e w T e le g r a p h L i n e s .................................................
8 ,5 8 0 3 2
N e w S h o p s a t H a v e l o c k ........................................
4 8 ,9 -1 3 8 1
C h a n g e in L in e a t S e w a r d N e b r a s k a ........
3 6 .3 7 2 56
N e w i n t e r l o c k i n g S y s t e m s .......................................
4 ,8 6 S 3 2
N e w B a l l a s t ....................................................................
7 1 ,2 2 2 6 2
W id e n in g B a n k s ...... .................................................
2 0 ,8 6 2 83
U n d e r c r o s s i n g , R a v e n n a ...... ..........................
3 ,2 3 1 7 8
C o m p le tio n o f
W ork on
N ew
L in e s
O p e n e d i n l 8 9 1 ...... .................................................
8 6 .1 3 5 9 9
M is c e l la n e o u s C o n s t r u c t i o n ..................................
3 ,3 6 4 8 3

297 3 7 ,0 0
L E N G T H O F T H IR D T R A C K

No Third Track has been built during the year.
T h e n u m b e r o f m ile s o f T h ir d T r a c k o n D e o . 3 1 , ’ 9 2 , w a s .

2 9 7 0 100

(All in Illnois.)
C O N S T R U C T IO N .

E n g i n e s .........................................
P a s s g e r & C o m b in a t’n C a rs.
B a g g a g e , M a il & E x p . C a r s .
D in in g C a r s .................................
O tfice r s ’ a n d P a y C a r s ..........
W a y C a r s .......................................
B o a r d in g C a r s .............................

862
503
160
9
11
396
15

W r e c k in g C a r s ................. .
9
B o x a n d C a t t le C a r s ......... 2 3 ,7 5 0
P la tfo r m a u d C o a l C a rs . . . . 6 ,9 0 4
P i l e D r i v e r s .........................
5
H a n d C a r s ................................. 1 ,4 6 5
R u b b l e a n d I r o n C a r s ............ . 1 ,0 9 8

G EN ER AL REM ARKS.

The actual length of road in operation December 31, 1892,
was 5,556 miles, against 5,324 miles December 31, 1891—an
increase of 232 miles.
The average number of miles operated by the Chicago Bur
lington & Quincy Railroad Company in 1892 was 5.461, against
5,285 the year before. The gross earnings per mile of road
operated were $6,043 29 in 1892, against $5,232 14 in 1891,
The operating expenses including taxes, per mile, in 1892,
were $4,114 45, against $3,509 79 in 1891. Tbe percentage of
operating exoenses, including taxes, to gross earnings, in
1892, was 6S'08, against 68'45 per cent in 1891.
The comparisons given on page 7 show that the tons moved
one mile have increased 29 94-109 per cent as compared with
1891; while freight earnings have increas-d 23 94-100 per cent.
Passengers carried one mile have increased 12 53-100 per
cent, while passenger earnings have increase! 7 33-100 per
cent. Operating expenses have increased 1 68-100 per cent,

There has been expended for Construction during the year
on the Chicago Burlington & Quincy Railroad and Branches
The properties controlled by this Company, whose opera
in Illinois:
tions and mileage are not embraced in this Report, consist of
1,010* miles of standard-gauge railroad, and 169 miles of
F o r L a n d a n d R i g h t o f W a y ........ ...................... $ 2 0 1 ,1 8 8 4 1
N e w B u i l d i n g s .........................................................
5 3 ,1 3 1 7 8
narrow-gauge railroad owned, and 87 miles of standard-gauge
i B u r i in g t o n B r i d g e ...............................................
6 3 ,8 3 5 0 7
leased and operated jointly with other companies.
O v e r c r o s s i n g III. C. R R ., C l y d e .....................
1 0 3 ,0 4 9 12
S h e e p Y a r d s a t M o n t g o m e r y ...........................
5 1 .2 5 3 5 3
They earned, gross, for the year 1892:
N e w I r o n B r id g e s .................................................
F o u r t h Ti a o k . C a li f o r n ia A v . t o R i v e r s i d e
P a v i n g G r o u n d s a n d T r a c k s , C h i c a g o ___
N e w S id e T r a c k s .....................................................
M is c e lla n e o u s C o n s t r u c t i o n .............................

2 6 .4 5 1 9 5
1 9 .9 5 5 3 3
1 4 .0 2 3 3 9
1 9 ,0 9 0 1 5
52 50

$ 5 5 7 ,0 4 1 2 8
-V
t T h e e x p e n d it u r e o n a c o o u n t o f B u r l i n g t o n B r i d g e is t h e e x c e s s in
e o s t o f a d o u b le - t r a c k b r i d g e o v e r t h e e o s t o f r e p l a c i n g t h e o l d b r i d g e .

F r o m F r e i g h t ............................................................ . .$ 4 , 7 1 8 ,9 4 5 4 7
F r o m P a - s e u g e r s ....................................................... 1 , - 8 ,7 8 5 5 3
F r o m M a il, E x p r e s s a n d M i s c e l l a n e o u s —
1 ,0 0 3 .2 7 6 6 2
------ ------------------------ $ 7 ,4 1 0 ,0 0 7 6 2
'T h e d e c r e a s e in m il e a g e f r o m t h a t s t a t e d i n t h e r e p o r t f o r 1 8 9 1 is
d u e t o th e t r a n s f e r o f t h e C h ic a g o & I o w a R. R . f r o m “ c o n t r o ll e d
p r o p e r t i e s ’ ’ t o t h e C. B . & Q. b y a le a s e , u n d e r d a t e o f J a n u a r y 1, 1 8 9 2 ,

A pril

THE CHRONLCLE.

2 2 , 1893.J

B r o u g h t f o r w a r d .........................................................................................

t>2

The Operating Expenses and Charges have
been as follows :
O p e r a t in g E x p e n s e s ..................................................$ 4 ,9 5 7 ,3 4 0
T a x e s ............................................................. .................
i 3 2 ,3 1 5
R e n t o f T raoljR a m t D e p o t s ...................................
2 2 0 ,6 7 4
S in k in g F u n d s .........................
2 1 ,0 0 0
I n t e r e s t o n B o n d s n o t o w n e d b y t h e C. B .
4 Q . B R . C o ...............................................................
9 4 1 ,0 6 0

27
29
01
00

$ 7 6 ,4 0 7 ,0 0 0 0 0

3 1 3 ,9 0 8 1 3 $ 6 ,5 8 6 ,2 9 7 86

L e a v i n g N e t E a r n i n g s ....................................................................

$ 8 2 3 ,7 0 9 7 6

Add for
I n t e r e s t a n d E x c h a n g e ................................................. ..........................
N e t R e c e i p t s o f H . & S t. J . R R . L a n d D e p a r t m e n t ...............

G E N E R A L A C C O U N T C H IC . B U R L . & Q U ’ Y. R R . CO . D E O . 8 1 , 1892*
D E B IT .
C a p ita l slock.—
7 6 3 ,9 3 0 S h a r e s C. B . & Q. S t o c k , r e 
p o r t e d D e c . 3 1 , 1 8 9 1 .....................................
$ 7 6 ,3 9 3 ,0 0 0 0 0
14.0 S h a r e s C. B. & Q. S t o c k is s u e d f o r 5
p e r c e n t b o n d s o f i 9 0 3 c o n v e r t e d . ___
1 4 ,0 0 0 0 0
B.

16

$ 6 ,2 7 2 ,3 8 9 7 3
I n t e r e s t o n D e b t o w n e d b y t h e C. B . & Q.
R R . C o ...........................................................................

671

9 ,8 4 8 2 8
2 3 ,3 8 4 6 0
$ 8 5 6 ,9 4 2 6 4

Out of which have been paid
D iv i d e n d s o n S t o o k .................................... .............................................

8 5 6 ,7 3 5 0 0

S u r p lu s f o r t h e y e a r .......................................................................

$ 2 0 7 64

Out of the above amounts paid for Interest and Dividends,
the Chicago Burlington & Quincy Railroad Company received
for interest on securities held bv it $313,908 13, and for
dividends on stocks $856,655 90, which are included in the item
‘ •Dividends and Interest on the Securities of Controlled
Roads,” on page 6 [of Report].
The total debt of all these properties outstanding, not owned
by the Chicago Burlington & Quincy Railroad Company,
December 31, 1892, was $14,866,000.
In this connection, attention is called to the fact that the
Chicago & Iowa R lilroad, including its Chicago Rockford &
Northern Branch, in all about 102 miles, wh ch has been owned
by the C. B. & Q. for many years, has, until the year 1892,
been operated independently; and its mileage and operations
have heretofore been included in the Annual Report among
those of the properties controlled by this Comprnv. On Januury 1, 1892, the road was leased to the C. B. & Q. for greater
convenience of management; and its mileage and operations
have therefore been included thi3 year wi'h those of this
Company, and do not appear in the statement of controlled
properties. The outstanding debt of these properties has been
decreased by the purchase and cancellation of $21,000 of Nod
away Valley and Tarkio Valley bonds, and the transfer to
C. B. & Q. accounts, as contingent liabilities, of the bonds of
the Chicago & Iowa and Chicago Rockford & Northern Com
panies, amounting to $2,000,000,
Note .—The o p e r a t i o n s a m i m il e a g e o f t h e C h ic a g o B u r l i n g t o n &
N o r t h e r n R a il r o a d a r e n o t in c lu d e d in th is s t a t e m e n t . T h a t r o a d in
1 8 9 2 s h o w e d a d e f ic i t o f $ 7 3 ,6 5 3 8 5 a g a in s t a s u r p lu s o f $ 2 8 ,5 6 8 8 3 in
1 8 9 1 , a ft e r p a y in g E x p e n s e s a n d In te re s t.

During the year 1892, the Company earned, over and above
fixed charges and contributions to sinking funds, a little more
than si^ per cent upon its capital, not including receipts from
land sold. Thenet earnings for 1892 show a moderate gain over
the year before; and it seenm reasonable to hope that, with the
improvements which are being made to the property, and with
the growth of the country where it is situated, in population
and production, we may gradully increase the net result, and
be able, as lime goes on, to obtain for the owner's a more sat
isfactory return.
The increase in the ratio of operating expenses to earniDgs
from 66-45 per cent in 1891 to 68'08 per cent in 1892, is largely
due to the fact that the increased earnings came almost wholly
from the carriage of low-class freight, like grain, lumber, coal
and other staples, which are necessarily transported upon a
very small margin of profit. Had the average freight earn
ings per ton per mile been the same in 1892 as in 1891, the
ratio of expen-es to earniDgs would have been 65 68 per cent.
In 1888 a contract was made with the Wabash Railroad
Company, by which the trains of our St. Louis Keokuk &
Northwestern Road, which is on the west side of the Missis
sippi River, have been and still are operated into the city of
St. Louis OTer about thirty miles of the Wabash Road, in
cluding the bridge over the Missouri River at St. Charles. It
has become apparent since that contract was made that the
growing importance of the traffic between the city of St.
Louis and the region of country to the north and west made
it desirable that we should have our own entrance and ter
minals there. Accordingly, through the St. Louis Keokuk
& Northwestern Company, whose capital stock we own, we
have for some time been acquiring land for terminal purposes,
and in the spring of 1892 contracted for the construction of an
extension of the St. Louis IKeokuk & Northwestern Road,
from a pomt north of the Missouri River, into the citv, about
forty-five tniks, including a bridge over that River at Bellefontaine Bluffs, eighteen miles celow St. Charles. It is ex
pected that thebiidge will be completed, and the new line
opened for traffic, by or before the end of the year 1893, To
bridge the Missouri River and to enter aDd acquire terminal
facilities in so large a ciiy as Sr. Louis is necessarily a work
of considerable magnitude and expense; but, in the judgment
of your Board, the importance and ultimate value of it will be
found to justify the outlay.
By order of the Board of Directors,
CHARLES E. PERKINS,
P r e s id e n t.

etc M . R. R . R . ( I o w a ) S t o c k , a m o u n t
D e c . 3 1 , 1 8 9 1 ..........
.....................................
L e s s s u b s c r ip t i o n s t o B . & M . R . R . R.
(I o w a ) s t o c k p u r c h a s e d a n d c a n c e l e d
in 1 8 9 2 .................................................................

$ 1 ,0 0 5 0 0
405 00
---------------- -

1 ,5 0 0 0 0

T o t a l s t o c k .......................................................
$ 7 6 ,4 0 8 ,5 0 0 0 0
F u n d e d d e b t—
O. B .& Q .7 p .c . B o n d s .p a y a b l e J a n .l ,1 8 9 6
$ 5 1 7 ,5 0 0 0 0
C. B . & Q . C o n s o li d a t e d M o r t g a g e 7 p e r
c e n t B o n d s , p a ; a b le J u l y 1, 1 9 0 3 -----1 6 .3 0 0 .0 0 0 0 0
C. B . & Q. S in k in g F u u d 5 p e r c e n t
B o n d s , p a y a b le J u n e 1, 1 8 0 5 , i s s u e d
f o r th e A l b i a K n o k . & D e s M o in e s R .R .
$ 4 6 2 ,0 0 0 0 0
L e s s a m o u n t p u r c h a s e d f o r S in k in g
F u n d a n d c a n c e l e d .........................................
1 3 2 ,0 0 0 0 0
3 3 0 ,0 0 0 0 0
C. B . & Q . S in k in g F u n d 5 p e r c e n t
B o n d s , p a y a b le O c t 1 , 1 9 0 1, is s u e d f o r
t h e a t . L o u is R o c k I s la n d & C h ic . R .R . $ 2 ,5 0 0 , 0 0 0 0 0
L e s s a m o u n t p u r c h a s e d f o r S in k in g
F u n d a n d c a n c e l e d .......................................
1 8 4 ,0 0 0 0 0
2 .3 1 6 . 0 0 0 0 0
C. B . <fc Q. I o w a D iv i s io n M o r t g a g e
S in k in g
Fund 5 per cen t
B nds,
p a y a b le O c t o b e r l , 1 9 1 9 ............................. $ 3 , 0 0 0 , 0 0 0 0 0
L c 3s a m o u n t p u r c h a s e d f o r S in k in g
F u n d a n d c a n c e l e d .......................................
1 0 3, 0 0 0 0 0
2 . 8 9 2 .0 0 0 0 0
C. B . & Q . I o w a D iv i s io n M o r t g a g e
S in k in g F u n d 4 p e r c e n t B o n d s , n a y a b le O c t o b e r 1 .1 0 1 *...........................; . . . $ 1 0 , 5 9 1 , 0 0 0 0 0
L e s s a m o u n t p u r c h a s e d f o r S in k in g
2 , 4 3 9 ,0 0 0 0 0
F u n d a n d c a n c e l e d .......................................
8 . 1 5 2 .0 0 0 0 0
C. B . & Q. S in k in g F u n d 4 p e r c e n t
B o n d s , p a y a b le S e p t 1 , 1 9 2 1 , is s u e d
4 .3 0 0 .0 0 0 0 0
f o r t b e ^ u r lin g t o u & S o u t h w e s t ’ n R y .
C. B . & Q . S in k in g F u u d 4 p e r c e n t
B o n d s , p a y a b le F e b r u a r y
1, 1 9 * 2
( D e n v e r E x t e n s i o n ) .......................................
7 .9 6 8 .0 0 0 0 0
C. B. & Q . 5 p e r c e n t B o n d s , p a y a b le
M a y 1 . 1 9 i 3 . is s u e 1 f o r H a n n i b a l &
S t. J o s e p h R R S t o c k . ...................................
9 ,0 0 0 ,0 0 0 0 0
C. B . A Q. N e b r a s k a E x t e n s i o n M o r t 
g a g e S in k in g F u n d 4 p e r c e n t B o n d s ,
p a y a b le M a y 1 , 1 9 2 7 ........................ .........$ 2 8 ,6 5 2 ,0 0 0 0 0
L e s s a m o u n t p u r c h a s e d f o r S in k in g
F u n d a u d c a n c e l e d .......................................
1 , 4 0 6 ,0 0 0 0 0
2 7 .2 4 6 .0 0 0 0 0
C. B
A Q C o n v e r tib le 5 p e r c e n t
B o n d s , p a y a b le S e p t e m b e r 1. 1 9 0 3 . . . $ 1 5 ,2 7 8 ,7 0 0 0 0
L e s s a m o u u t c o n v e r t e d i n t o S t o c k ...........
1 4 ,4 0 0 0 0
1 5 .2 6 4 ,3 0 0 0 0
B . & M . R . R R . (I o w a ) L a n d G r a n t
M o r t g a g e S in k in g F u n d 7 p e r c e n t
B o n d s , p a y a b le O c t o b e r 1, 1 8 9 3 ........ $ 5 , 0 5 8 , 3 5 0 0 0
L e s s a m o u n t p u r c h a s e d f o r S in k in g
F u n d a n d e a u c e l e d .........................................
1 ,5 1 5 ,8 0 0 0 0
3 ,5 4 2 ,5 5 0 0 0
6 6 ,0 0 0 0 0
B .& M . R . R R . ( la .) C o u v . 8 p . e. B ’ d s . p a y ’i e J u l y 1 , 1 8 9 4
B A M. R . R R i n N e b r a s k a C o n s o li d a t e d M o r t g a g e
S in k in g F u n d 6 p e r c e n t B o n d s , p a y a b le J u l y 1, 19L 8
1 2 ,8 9 4 ,0 0 0 0 0
B . & M . R . R R . i n N e b r a s k a S iu k in g F u n d 4 p e r c e n t
B o n d s , p a y a b le J a n u a r y 1 , 1 9 1 0 , i s s u e d f o r A t c h i s o n
& N e b r a s k a R R . S t o c k ..................................................................
3 .3 4 7 .0 0 0 0 0
R e p u b lic a n V a ll e y R R . M o r t g a g e S i n k i n g F u n d 6 p e r
1 .0 7 8 .0 0 0 0 0
c e n t B o n d s , p a y a b l e J u l y 1 , 1 9 1 9 .........................................
T o t a l b o n d s ..................................................................... ................ $ 1 1 7 ,2 4 3 ,3 5 0 0 0
T o t a l s t o c k a n d b o n d s ............................................................... $ 1 9 3 ,6 5 1 ,8 5 0 0 0
CONTiNGKNT L i \BILITI- S FOR BRANCH ROADS—
O tt. O s & F o x R . V a l. R R . 8 p . c . B o n d s . p a y . J u l y l . 1 9 0 0
$ 1 , 0 7 6 ,0 0 0 0 0
C h ic a g o A I o w a R « . 1 s t M o r t g a g e 8 p e r c e n t B o n d s ,
p a y a b le J a n 1 , 1 9 0 0 . . . ................................................................
6 0 0 ,0 0 0 0 0
C h ic a g o A I o w a R R . 2 d M o r t g a g e 8 p e r c e n t B o n d s ,
p a y a o le J u ly 1. 19 »»1 .....................................................................
1 ,1 5 0 ,0 0 0 0 0
C h ic a g o R o c k f o r d A N o r t h e r n R R . 1 s t M o r t g a g e 8 p e r
c e n t B o n d s p a y a b le O e t. 1 , 1 8 9 5 ...........................................
2 5 0 ,0 0 0 0 0
O m a h a & S o . W e s t. R R . 8 p c. B o n d s , p a y . J u n e 1 , 1 6 9 6 .
6 6 9 ,0 0 0 0 0
N eb ra sk a R y . 7 p e r c e n t B o n d s , p a y a b le O ct. 1, 1 8 9 6 .
3 4 9 ,0 0 0 0 0
A te h . A N e b . R R . 7 p . c . B o n d s , p a y a b le M a r c h 1 . 1 9 0 8
1 ,1 2 5 ,0 0 0 0 0
A t c h is o n & N e b r a s k a R R 6 p e r c e n t B o n d s , p a y a b le
D e c . i , 1 9 2 7 (1 s t M o r t g a g e o n R u lo B r i d g e a u d 2 d
M o r t g a g e o n R a i l r o a d ) .................................................................
9 0 1 ,2 8 0 8 4
L in c o ln & N o r t h W e s t e r n R R . S in k in g F u n d 7 p e r c e n t
B o n d s , p a y a b le J a n . 1, 1 9 1 0 ................................................... .
6 0 0 ,0 0 0 0 0
$ 6 ,7 2 0 ,2 8 0 84

T o t a l C o n t i n g e n t L i a b i l i t i e s .................
C o u p o n I n t e r e s t u n p a id ( in c l u d i n g $ 1 ,3 0 4 ,4 4 2 5 0 d u e J a n u a r y 1, 1 893 ) ......... $ 1 ,4 3 1 ,6 0 5 7 5
U n p a id V o u c h e r s a n d P a y - r o l ls ................
1 ,7 2 7 ,9 0 8 66
1 ,2 5 6 ,1 3 5 2 9
S u n d r y c u r r e n t a c c o u n t s ...............................
P r o fit a n d L o s s ........................................................................................
R e n e w a l F u n d ........................................................................................
I n c o m e A c c o u n t ...................................................................................
S in k in g F u n a s , s h o w in g th e to ta l o f p a y m e n t s to a n d
a c c r e tio n s o f S i n k i n g F u n d s f o r C. B . & Q. 5 p e r c e n t B o n d s , a c c o u n t o f
A . K . A D . M . R R B o n d s ......................
$ 3 9 2 ,6 4 7 7 5
C. B . A Q . 5 p e r c e n t B o n d s , a c c o u n t o f
S t. L. R . I. & C. R R . B o n d s .................... 1 ,2 1 4 ,0 2 8 5 5
C. B. & Q. 4 a n d 5 n . c . B o n d s (T o w a D iv .) 2 , 4 1 6 ,5 3 0 4 3
C. B . A Q. 4 p e r c e n t B o n d s o f 1 9 2 1 (B .
& S W . R y . ) ....................................................
6 0 2 ,8 9 3 0 5
C. B. & Q 4 p e r c e n t B o n d s o f 1 0 2 2
( D e n v e r E x t e n s i o n ) ....................................... 1 , 1 1 7 ,8 7 0 6 2
C. B . & Q 4 p . c B o n d s o f 19 2 7 ( N e b .E x .) 1 ,2 7 7 ,3 4 0 7 9
B . A M. K. R R ( I o w a ) L a n d G r a n t B o n d s 9 ,1 6 5 ,4 6 3 6 4
B . & M . R . R R . iu N e b r a s k a 6 p e r c e n t
B o n d s o f 1 9 L 8 ................................................... 3 ,2 2 6 ,4 9 2 8 9
B . & M R . R R . in N e b r a s k a 4 p e r c e n t
B o n d s o f 1 9 1 0 (A . & N. R R . ) .................. 1 ,1 5 8 .8 2 0 88
R e p u b . V a ll e ; K B . 6 p . c . B o n d s o f 1 9 1 9 .
2 3 7 ,2 » 9 3 6
L in c o ln & N o r t h W e s t e r n R R . 7 p e r c e n t
B o n d s o f 1 9 1 0 .................................................
1 0 7 ,1 0 6 2 5

4 .4 1 5 ,6 4 9 7 0
6 .6 7 2 ,7 3 3 2 4
$ 9 ,0 0 0 ,0 0 0 0 0
$ 1 3 ,0 7 5 ,0 5 8 3 4

f

$ 2 0 ,9 1 6 ,4 8 4 2 1
T o t a l L ia b ilit ie s ,

$ 2 5 4 ,4 5 2 ,0 5 6 3 3

672

THE CHRONICLE.

[V ol. LVI.

bonded indebtedness of $1,090,000, and its plant, franchises
and other property were conveyed to said the Detroit Gas
Company subject thereto; so that the tot 1 amount of the
capital stock of said three companies was $4,500,000, and
the total amount of mortgage indebtednss? was $3,000,000.
None of the said companies had any floating debt.
The Detroit Gas Company assumed the payment of the
bonded indebtedness of said several companies, and made pro
T o t a l c o n s t r u c t i o n a c c o u n t s ............................................. . .$ 1 1 7 , 2 4 0 , 3 3 6 9 8
C o st o f B r a n c h R o a d s —
vision for the payment thereof by means of its Consolidated
C o i-t o f B r a n c h C o n s t r u c t i o n r e p o r t e d
First Mortgage Five per cent Gold Bonds, dated February 1
D e c . 3 1 , 1 8 9 1 ................................................... $ 7 4 ,0 0 3 ,1 6 6 2 1
1893, consisting o f 4,500 bonds of $1,000 each, par value,
C h ic a g o & I o w a R R C o s t o f C . & I. a n d
i t s C h ic a g o R o c k f o r d
& N orth ern
numbered consecutively from 1 to 4,500 both inclusive, paya
B r a n ch , tr a n s fe rr e d t o th is a c c o u n t
ble to bearer or to the registered holder thereof on the first
b y r e a s o n o f t h e l e a s e t o C. B . & Q.
day of February, 1918, at tire office of the New York Guaranty
u n d e r d a t e o f J a n . i , 1 8 9 2 .......................
3 ,0 2 1 ,2 3 8 4 8
& Indemnity Company, in the city of New York, with in
A m o u n t s s h o w n in o t h e r a c c o u n t s D e c
3 J , 1 8 9 1 , n o w tra n s fe rre d t o C ost o f
terest thereon from the first day of Febru iry, 1893, at the
3 0 6 ,3 2 6 7 8
B r a n c h R o a d s ...................................................
rate of five per centum per annum, payable in gold semi
$ 7 7 ,3 3 5 ,7 3 1 4 5
annually, and secured by a mortgage or deed of trust to said
A m o u n t e x p e n d e d f o r C o n s tr u c tio n o n
2 , 9 5 5 ,2 6 9 4 1
B r a n c h e s i n 1 8 9 2 .............................................
New York Guaranty & Indemnity Company, a3 Trustee,
upon all its property and franchises except the franchise to be
T o t a l c o s t o f b r a n c h r o a d s ..................................................... $ 8 0 ,2 9 1 ,0 0 0 8 6
a corporation ; of which bonds those numbered from 1 to
C o s t o f I n v e s t m e n t s in H a n n ib a l & » t . J o s e p h . K a n s a s
1,609 both inclusive, amounting iu the aggregate to §1,000,C i t y S t. J o s e p h & C o u n c il B lu ff* , C h ic a g o B u r l i n g t o n
& K a n s a s C it y , S t L o u is K e o k u k & N o r t h w e s t e r n ,
000, par value, are by the terms of said mortgage or deed of
H u m e s t o n & S h e n a n d o a h , C h ic a g o B u r l i n g t o n &
trust set apart, reserved and appropriated for the purpose of
N o r t h__
e r_n , a__n-id o t _____________
h e r R a il r o a,1
d aS e c u r i t i e s ...........................$c3o0a,7 8 2 ,7n9n9n 2033
retiring or providing for by exchange or otherwise the
S u n d r y I n v e s t m e n t s ............................................................................ $ 2 , 5 3 1 , 6 3 7 4 0
M a t e r ia l s o n h a n d f o r f u t u r e u s e ............................................... $ 1 , 3 5 6 ,9 9 3 2 4
said bonds heretofore issued by the said the Michigan Gas
T r u s t e e s o f t in lr t n g F u n d s , s h o w in g th e c o s t o f u n c a n 
Company; 500 of said bonds, numbered from 1,000 to
c e le d s e c u r tic s h e ld i n Sin/ci >g F u n d s f o r —
1,500 both inclusive, amounting in the aggregare to $500,000
C . B . & Q . 5 p e r c e n t B o n d s o f 1 8 9 5 ......................................
$ 2 6 3 ,1 2 8 3 1
at par value,are set apart, reserved and appropriated for the pur
C . B . & Q 5 p e r c e n t B o n d s o f 1 9 0 1 .......................................
1 ,0 3 8 ,9 9 1 2 9
C . B . & Q. 4 p e r c e n t B o n d s o f 1 9 2 1 ......................................
6 0 2 ,8 9 3 0 5
pose of retiring or providing for by exchange or otherwise the
C . B . & Q 4 p e r c e n t B o n d s o f 1 9 2 2 ..............................................
1 , 1 1 7 ,8 7 0 6 2 said bonds issued by said Mutual Gas Company; 500 of said
B . & M . R . R R . (I o w a ) L a n d G r a n t B o n d s ...............................
7 ,5 0 5 ,1 3 9 06
B . & M . R . R R . in N e b . 6 p e r c e n t B o n o s ...............................
3 ,2 2 6 ,4 9 2 8 9 bonds, numbered from 1,501 to 2,000, both inclusive, amount
B . & M . R R R . in N e b . 4 p e r c e n t B o n d s .............................
1 , 1 5 8 ,8 2 0 88 ing in the aggregate to $500,000, par value are set apart, re
R e p u b l ic a n V a lle y R R . 6 p e r c e n t B o n d s .............................
2 3 7 ,2 8 9 3 6
served and appropriated for the purpose of paying off and dis
L i n c o l n & N o r t h w e s t e r n R R . 7 p e r c e n t B o n d s ...............
1 0 7 ,1 0 6 2 5
charging the said purchase money mortgage upon the plant,
franchises and other property o f said Mutual Gas Company;
T o t a l o f s in k i n g f u n d s .............................................................. $ 1 5 ,2 5 7 ,7 3 1 7 1
C u rr e n t a cco u n ts—
1,000 of said bonds, numbered from 2,001 to 3,000, both inclus
S u n d r y A v a il a b l e S e c u r i t i e s ..............................................................
$ 5 2 1 ,1 7 0 88 ive, amounting in the aggregate to $1,000,000, par value, are
S u n d r y A c c o u n t s a n d B i l ls R e c e i v a b l e ....................................
3 , 1 6 0 ,0 2 1 2 3
C a h in T r e a s u r y ......................................................................................
3 , 3 1 0 ,3 6 4 7 5 set apart, reserved and appropriated fi r tue purpose of paying
off and discharging said purchase money mortgage upon the
T o t a l c u r r e n t a c c o u n t s ............................................................... $ 6 ,9 9 1 ,5 5 6 8 6
plant, franchises and other property of said Detroit Gas Light
Company; and 500 of said bonds, numbered from 4.001 to
T o t a l A s s e t s .................................................................................. $ 2 5 4 ,4 5 2 ,0 5 6 3 3
4,500, both inclusive, amounting in the aggregate to $500,000
at par value, are set apart, reserved and appropriated for the
T H E
D E T R O IT
G A S
C O M P A N Y .
purpose of constructing or acquiring a plant to manufacture or
obtain and supply fuel gas for use in tire said city of Detroit.
The date of issue of said bonds is February 1, 1893 ; the date
APPLICATION TO THE N. Y. STOCK EXCHANGE.
of maturity is February 1, 1918 ; the par value of each bond
.s §1,000; the series of numbers is from 1 to 4,500, both in
N e w Y o r k . March 20, 1893.
Application is hereby made to place upon the regular list of clusive ; the rate of interest is five per cent, payable on the
the New York Stock Exchange the capital stock of the Detroit first days of February and August in each year ; the place of
Gas Company, consisting of 80,000 shapes, each of the par value payment is the office of New York Guaranty & Indemnity
of §50, amounting in the aggregate to §4,000,000, together with Company, Mutual Life Insurance Company Building, in the
$3,000,000 of the Consolidated First Mortgage Five per Cent city of New York ; the holders of said bonds have the privi
Gold Bonds of said company, being the bonds numbered from lege of registration; the Registrar of the bonds is Central
Trust Company of New York, No. 54 Wall Street, New York ;
1 to 1,000, both inclusive, and 3,001 to 4,000, both inclusive.
The corporate name of the company is the Detroit Gas Com the Registrar of the stock is said New York Guaranty &
pany; the company was organized on or about the 21st day of Indemnity Company, and the Transfer Agent is said Central
November, 1892, under the authority of Chapter 128 of How Trust Company of New York ; the transfer office is the office
ell’s Anuotated Statutes of the State of Michigan, being sec of said Central Trust Company of New York, No. 54 Wall
tion 4,168, and the several acts amendatory thereof; the corpo Street, in the City of New York ; the New York Guaranty
ration was formed to manufacture and sell and to furnish gas & Indemnity Company is the Trustee.
E a r n i n g s —The earnings of the respective companies whose
for public and private use for lighting or fuel purposes in the
city of Detroit and in the city of Monroe, in the State of plant, franchises and property were acquired by the Detroit
Michigan, and the other cities, towns and villages through Gas Company for the years 1891 and 1892 were as follows :
1891.
which its pipes may pass from time to time in conducting gas
E xp en ses.
N et E a r n in g s .
to said city of Detroit. On the 20th day o f February, 1893, D e t r o i t G a s E i g h t C o .............. $ 2R1 e5c,2e ip0 8ts .9 9
$ 3 7 ,1 9 6 OS
.$ 1 2 8 ,0 1 2 “9 1
the company purchased and duly acquired the plant, fran M u t u a l G a s C o ........................... 1 9 5 ,4 1 4 7 3
8 8 ,9 1 6 6 4
1 0 6 ,1 9 8 1 1
2 2 2 ,2 7 2 4 6
1 0 1 ,6 8 5 3 9
chises and other property of the Detroit Gas Light Company, T h e M ic h ig a n G a s C o ............. 3 2 3 ,9 5 7 8 5
which up to that date had been supplying the eastern portion
T o t a l ......................................... $ 7 3 4 ,5 8 1 5 9
$ 3 9 8 ,3 8 5 1 8
$ 3 3 6 ,1 9 6 4 1
of the city of Detroit with illuminating gas; the plant, fran
1892.
chises and other property of the Mutual Gas Company, which
R e c e ip ts .
E x p en ses.
N e t E a r n in g s .
up to said date had supplied the western portion of the city of D e t r o i t G a s L i g h t C o ..............$ 2 0 4 ,2 0 9 7 1
$ 9 0 ,9 1 9 1 2
$ 1 1 3 ,2 9 0 5 9
8 5 ,6 3 1 2 0
1 0 1 ,3 3 7 9 3
Detroit with illuminating gas, the said two companies being M u t u a l G a s C o ........................... 1 8 6 ,9 6 9 13
2 4 2 ,2 8 2 2 8
1 6 8 ,3 7 6 7 1
the only companies engaged in the business of manufacturing T h e M ic h i g a n G a s C o ............. 4 1 0 ,6 5 8 9 9
and supplying illuminating gas in the said city of Detroit; and
T o t a l .......................................$ 8 0 1 ,8 3 7 8 3
$ 4 1 8 ,8 3 2 6 0
$ 3 8 3 ,0 0 5 2 3
the Detroit Gas Company at the same time purchased and
duly acquired the plant, franchises and other property of the
L i a b i l i t i e s —The liabilities of the company, consisting of
Michigan Gas Company, which since the 1st day of January, the bonds and mortgages hereinbefore described, provided for
1890, had been engaged in the business of supplying natural by the company's Consolidated First Mortgage Bonds, of
gas for fuel and lighting purposes to the inhabitants of the which all of the bonds numbered from 3,001 to 4,000, both in
said city of Detroit and the inhabitants of the said city of clusive, have been issued, amounting to §1,000,000; and bands
Monroe.
from 1 to 1,000, both inclusive, set apart, reserved and appro
At the time of said purchase and acquisition by said the priated for exchange for the bonds of the Michigan Gas Com
Detroit Gas Company the capital stock of said Detroit Gas pany, have been exchanged, bond for bond, under the provi
Light Company issued was $±,000,000; the capital stock of sions of said mortgage. It is proposed to sell the remaining
said Mutual Gas Company issued was $1,000,000 ; the capital $2,000,000 of bonds at not less than par before the maturity of
stock of said the Michigan Gas Company issued was $2,500,- the underlying mortgages, for tne purpose of providing
000. The Detroit Gas Light Company lias no bonded indebted therefor.
A s s e t s . —The company has real estate, exclusive of the
ness, but the conveyance of its plant, franchises and other
property to the Detroit Gas Company was subject to a pur value of works, pipes, conductors, machinery, apparatus and
chase money mortgage of $1,000,000, dated February 1, 1893, other plant, including docks, to the value of §398,667 56. The
to secure the payment of $500,000, with interest at six per total amount of pipeageis 285 miles and 2,748 feet. The com
cent, on or before March 1, 1894, and the further sum of $500,- pany has in the treasury for betterments and extraordinary
000, with interest at six per cent, on or before March 1, 1895. repairs $190,000. The company has holders of the capacity of
The Mutual Gas Company had a bonded indebtedness of §500,- 1,878,000 cubic feet. It is proposed to manufacture all arti
000, and its plant, franchises and other property were con ficial gas at the works which were formerly of the Detroit
veyed to said the Detroit Gas Company subject thereto and to Gas Company, and which are practically new, having been
a purchase money mortgage, dated December 1, 1892, paya rebuilt in 1891, having a capacity of 1,500,000 cubic feet. The
ble within one year from the date thereof, for $500,000, with total cost of the entire plant of the new company was §8,009,interest at Six per cent. The Michigan Gas Company had a 0 0 0 .

C R E D IT .
C o n s t r u c t io n A c c o u n t s —
A m o u n t o f C o n s t r u c t i o n a n d E q u ip m e n t r e p o r t e d
P e c . 3 1 , 1 8 9 1 ......................................................................................$ 1 1 3 ,8 0 9 ,3 0 9 0 0
A m o u n t e x p e n d e d f o r C o n s t r u c t i o n o f M a in L in e in
1 8 9 2 ................................... ................. ................... * 5 3 0 ,3 7 2 8 2
A m o u n t e x p e n d e d f o r E q u ip m e n t i n * 9 2 . 2 ,9 0 0 ,6 5 5 1 6
----------------------3 ,4 3 1 ,0 2 7 9 3

THE CHRONICLE.

A pr il 22, 1893.]

O f f i c e r s . —The officers of the company are : President,
William C. McMillan, Detroit; Vice-President, Frank P.
Byrne, Detroit; Treasurer, John Byrne, 04 Wall Street, New
York ; Secretary, John C. Donnelly, Detroit.
D i r e c t o r s . —The directors of the company are: Collis P.
Huntington, 0. Weidenfeld, John Bvrne, F. S. Smith and F.
R. Pemberton, all of New York; William 0. McMillan, James
H. McMillan, Dexter M. Ferry, Frank P. Byrne, William H.
Wells, John C. Donnelly, M. W . O’Brien and Jerome Croul,
all of Detroit.
THE DETROIT GAS COMPANY,
B y

John

673

In addition to which there is of
Second T k a c k :
M ile s .
L a m b e r t ’ s P o in t t o N o r f o l k ...................
3 ’87
R o a n o k e t o E l l is t o n .............................
21-81
C h RISTIANSIIURG TO RADFORD.................. 1 2 6 4
B l u e f ie l d t o B l u e s t o n e J u n c t io n ___ 10-97
T o t a l s e c o n d t r a c k .......................................

4 9 -3 1

A n d S i d i n g s ......................................................................................3 7 9 -1 5
R O L L IN G ST O C K .

Your Company had in service at the beginning of the year
3 4 9 lo c o m o t iv e s ,
176 passen ger coach es, and
1 2 ,3 3 9 f r e i g h t a n d o t h e r c a r s ,

B y r n e , T reasu rer.

The Committee recommended that the above-described
$4,000,000 Capital Stock and $2,000,000 of the Consolidated a n d t h e a d d i t i o n s m a d e d u r i n g t h e y e a r c o n s i s t e d o f
3 9 lo c o m o t iv e s ,
First Mortgage Five per Cent 25-year Gold Bonds of 1918,
71 p assen ger coa ch es, an d
Nos. 1 to 1,000 inclusive, and 3,001 to 4,000 inclusive, be ad
2 ,4 1 4 f r e i g h t a n d o t h e r c a r s ,
mitted to the list.
and at the close of the year the roiling stock consisted of
A d o p t e d by the G o v e r n in g C o m m itte e A p r i l 12, 1893.
3 8 S lo c o m o t iv e s ,
247 passenger coach es,
1 4 ,7 5 3 f r e i g h t a n d o t h e r c a r s .

The following comparative statement shows the number o f
engines and cars in service at the close of each year Per Mile
TWELFTH ANNUAL REPORT—FOR THE YEAR ENDING of completed road :
1 8 8 6 .1 8 8 7 .1 8 8 8 .1 3 8 9 .1 8 9 0 .1 8 9 1 . 1 8 9 2
DECEMBER 81, 1892.

NORFOLK

&

W E S T E R N

R A IL R O A D

C O .

T o the S h a r e h o ld e r s o f the N o r fo lk & W e ste rn R a i l r o a d C o .:

The Board of Directois herewith submits its Report of the
operations of the Comoany for tin year ending December 31,
1893 :—
PROPERTY.

At the beginning of the year 1892 your Company bad in
operation 1,356 69 miles of railroad, 42’60 miles of second
track, and 331-84 miles of sidings.
S- No new extensions or improvements were undertaken during
the year, but several important works, necessary in anticipa
tion of the completion of the Ohio Extension, and undertaken
during the previous year, were completed. These include
3-87 miles of second track between Norfolk and Lambert
Point, and at the latter point a merchandise pier with twostory warehouse 705 feet long and 140 feet wide, equipped
with all modern appliances for the economical handling of
freight, an 18-stall engine-house and repair shops.
16 trestles upon the New River Division were filled in or re
placed with iron structures, and a 25-stall engine-house was
completed at Bluefield. There was also completed 13'03 miles
of short branches to ore and coal mines, 6 74 miles of second
track and 47 31 miles of sidings.
On the Maryland & Washington Division 8 wooden
trestles were filled in or replaced with iron structures, and
some additional real estate was acquired at Hagerstown.
The branch Line at Lynchburg, 1-38 miles in length, con
necting the Lynchburg & Durham Railroad with your line,
was completed and put into operation October 22, 1893.
The Ohio Extension, work upon which was commenced in
March, 1890, was so far completed November 1st, 1892, as to
permit of opening the line for traffic upon that date, although
the ballasting, station buildiDgs, and some minor details of
construction were not completed. Had the immediate results
to the company been alone considered or the exceptional
severity of the winter anticipated, the opening o f the Ohio
Extension would have been postponed until the spring, when
the work of construction would have been entirely completed ;
but as machinery for saw-mills, materials and supplies neces
sary for opening mines, erecting buildings, and establishing
industries, could not be carried in until the line was in opera
tion, and as several months must necessarily elapse between
the opening of a new line and the active operation of any
new Industrie-, it was considered advisable that the new ex
tension should be opened and operated at the earliest moment
practicable. Winter weather of protracted and extreme
severity almost immediately followed the opening of the line,
and not only postponed its completion, but caused an almost
entire suspension of work upon the many- new coal mines,
saw-mills and other local industries, and the settling of the
new embankments, slides, &o., rendered the operation of the
new line during its first winter difficult and costly.
Your company operated during the year an average of 1,308
miles.
At the close of the year 1892, including the Ohio Extension
the length of line was l,5o5'64 miles, as follows :
M ile s .

L a m b e r t ' s P o in t , N o r f o l k
R oanoke

B r i s t o l .........
B r a n c h e s ........................................................ .........3 8 - 3 0
t o H a g e r s t o w n ........... ..........................
to

B r a n c h e s ....................................................... ........

C r ip p l e C r e e k J un c tion
R adford
G raham

to

I ron R i d g e .........

M a in L in e .
M ile s .
4 1 2 -3 2
2 3 8 -1 1

C o l u m b u s ............................................
B r a n c h e s t o c o a l m in e s .......................
t o N o r t o n ..................................................
B r a n c h e s t o c o a l m i n e s ........................
B r a n c h e s ....................................................

T o t a l m il e s o w n e d ....................................
L e a s e d L i n e s —J

4 5 -1 9
4 0 2 -2 4
1 0 0 -4 0
1 ,1 9 8 - 2 6
12099
1 ,3 1 9 -2 5

The

£ fk T o t a l m il e s o p e r a t e d .........................

Y ea r.
1 8 8 5 ....................................
1 8 8 6 ....................................
1 8 8 7 ............ .......................
1 S 8 8 ....................................
1 8 8 9 ....................................
1 8 9 0 ....................................
1 8 9 1 ....................................
1 8 9 2 ....................................

V a lu e o f n ew
M o ilin g S to ck
a cq u ired
d u r in g yea r.
$ 1 0 0 ,2 6 7
3 3 3 ,0 5 2
2 ,1 6 4 ,3 3 3
1 ,0 8 7 ,5 9 7
8 0 2 ,5 5 0
2 ,5 7 3 ,5 9 2
9 0 0 .8 5 0
1 ,8 2 3 ,0 1 1

In crea se in
G ro ss E a r n in g s
o v e r p r e v io u s
year.
$ 5 9 ,9 6 8
4 8 0 ,9 3 6
1 ,0 0 2 .7 3 7
6 4 4 ,8 0 5
6 9 7 ,5 2 6
1 .9 6 4 ,7 9 1
1 ,6 2 6 ,1 2 6
7 6 4 ,8 4 0

$ 8 ,7 8 7 ,2 5 2
REVENUE.

G ro s s E a r n f o r year.
$ 2 , 7 7 1 ,1 2 1
3 , 2 5 2 ,0 5 7
4 , 2 5 4 ,7 9 4
4 , 8 9 9 ,5 9 9
5 ,5 9 7 ,1 2 5
7 , 5 6 1 ,9 1 6
9 , 1 8 8 ,0 4 2
9 ,9 5 2 ,8 8 2

$ 7 ,2 4 L ,7 2 9

$ 9 ,9 5 2 ,8 8 1 6 9
G ro ss e a r n in g s .......
O p e r a t in g e x p e n s e s , i n c l u d i n g t a x e s ....................................... 7 , 0 3 1 ,6 7 2 6 6
P r o p o r t i o n o f e x p e n s e s t o e a r n i n g s , 7 1 p e l- c e n t
N e t e a r n i n g s ...........................................................................
in c o m e —i n t e r e s t , d i v i d e n d s , & c ......................

Ot h e r

T otal

. $ 2 ,9 2 1 ,2 0 9 0 3
X i 4 ,6 0 6 0 2

in c o m e ........................................... ......................... $ 3 ,0 6 5 ,8 1 5

T o w h ic h t h e r e w a s a d d e d t h e r e m a in d e r o f t h e s p e c i a l
d iv i d e n d f u n d o f $ 2 7 1 ,2 6 0 p r o v i d e d a t t h e t im e " f t h e
a c q u i s i t i o n o f t h e S h e n a n d o a h V a ll e y R a il r o a d b y a n
a ssessm en t o f $66 o n e a c h g e n e r a l m o r tg a g e h o n d o f
t h a t C o m p a n y .......................................... - ...........................................

05

1 3 6 ,2 6 0 0 0

T o ta l................................................................................................$ 3 ,2 0 2 ,0 7 5 05
D e d u c t in t e r e s t c h a r g e s :
O n f u n d e d d e b t ..................................................... $ 2 , 3 5 3 ,6 6 8 4S
O n e a r t r u s t o b l i g a t i o n s ..................................
7 4 ,7 8 5 1 1
R e n t a ls , L y n c h b u r g & D u r h a m R a il r o a d
C o m p a n y ............................................................ 4 7 ,3 0 7 7 7
2 ,4 7 5 ,7 6 1 3 6

T o t a l f ix e d c h a r g e s
N b t in c o m e f o r t h e y e a r ...................
S u r p lu s i n c o m e D e c e m b e r 3 1 s t , 1 3 9 1

$ 7 2 6 ,3 1 3 6 9
1 ,4 5 6 ,9 7 6 9 3

T o t a l ......................................................................
D iv id e n d s w e r e p a id :
A p r i l 2 9 t h , 1 8 9 2 ,1 'a p e r c e n t o n 4 0 0 ,0 0 0
s h a r e s o f p r e f e r r e d s t o c k .............................
O c t o b e r 2 8 t h , 1 8 9 2 , 1 p e r c e n t o n 4 3 0 .0 0 0 s h a r e s p r e f e r r e d s t o c k ........................

2 ,1 8 3 ,2 9 0 6 2

$ 6 0 0 ,0 0 0 00
4 3 0 ,0 0 0 00
1,03<V>00 0 0

S u r p lu s D e c e m b e r 3 1 s t , 1 8 9 2 ............................................... — $ 1 , 1 5 3 , 2 9 0 6 2
T h e r e w a s u s e d f o r t h e p u r c h a s e o f b o u d s u n d e r th e
S in k in g F u n d c la u s e o f E q u ip m e n t M o r t g a g e . . . .............
1 3 9 ,l o 8 86
S u r p lu s D e c e m b e r 31 s t, 1 3 9 2 ...................................................$ 1 » '1 3 ,3 3 1 7 6

T he L y n c h b u r g & D u r h a m R a il r o a d :
L y n c h b u r g to D u r h a m .....................
R o an o k e & S outhern R a il w a y :
R o a n o k e t o W in sto n -S a l e m .........

The average mileage of Passenger Engines during 1893 was
126 98 mile3 per day per engine as compared with 130 08 miles
in 1891, and of Freight Engines 80'5t rndes per day per engine
as compared with 76-27 miles in 1891.
The average mileage of Freight Cars of all kinds during the
year was 35-86 miles ner day per car as compared with 33 o9
miles during the preceding year.
The carrying capacity of your freight cars shows a steady
average increase. The average number of tons of paying
freight transported in each car has increased from 9’75 tons in
1888 to 18T9 tons in 1892.
The average number o f tons of paying freight transported
in each train has increased from 107 tons in 1883 to 311 tons
in 1893.
In the last Annual R?port the statement wa3 made that for
many years past the gross earnings had increased in propor
tion to the rolling stock provided, and that for every $1,000,000
of cars and engines placed in service the Company had earned
annually an average of about $930,000. On account of many
adverse circumstances this average was not maintained during
the past year, as will be seen from the following statement,
which, however, [shows that for every $1,000,000 of rolling
stock placed in service the average annual increase in gross
earnings for a period of 8 years amounted to about $834,000:

1 9 -3 3

B r a n c h e s t o i r o n m i n e s ......................... ........ 2 3 -6 9

to

M ile s o f c o m p l e t e d r o a d a t
c l o s e o f y e a r * ............................ 5 3 3
55t
594
6 3 8 1 ,0 9 9 1 ,1 2 0 1 ,5 5 6
L o c o m o t i v e t o m ile o f r o a d . .
-19 -2 7
-2 9
-3 0
-2 8
-3 1 -2 5
P a sse n g e rca r to m ile o f r o a d
’ l l -13
-1-4
-1 4
-1 6
-1 6 ’ 1 6
F r e ig h t a n d o tn e r ca r s t o m ile
o f r o a d .......................................... 7 '9 6 1 0 -0 9 1 2 -0 0 1 2 3 5 1 0 '4 3 1 1 - 0 2 9 - 4 8

1 1 5 -0 9
1 2 1 -3 0
1 ,5 5 5 6 4

It will be observed that the surplus net income accruing
from the operations of the fiscal year 1893 was less than the
aggregate amount of dividends paid during the year. The
April and October dividends paid in any year must of neces •

THE CHRONICLE.

674

gity appear as charges in the revenue statement for the year
in which they are paid, but dividends are based upon the net
earnings of the period of 13 months ending June 30th or De
cember 31st and preceding the declaration and payment of the
particular dividend. During the 13 months ending June 30th,
1805, the net income was $1,098,080 61, and $609,000 havingbeen paid in dividends in the previ tus April, there was left
applicable to dividends in October $498,080 61. As the Com
pany had.then outstanding430,000 shares, it became necessary
to reduce the dividend to 1 per cent, requiring $430,000.
T h e n et i n c o m e f o r th e 1 2 m o n t h s e D d in g D e c e m b e r 3 1 s t ,
1 8 9 2 , as sh o w n fr o m th e a b o v e sta te m e n t o f re v e n u e ,
w a s ....................................................................................................................$ 7 2 6 ,3 1 3 G9
A n d a s t h e d i v i d e n d p a i d in O c t o b e r a m o u n t e d t o ................... 4 3 0 .0 0 0 0 0

[V

ol

. L V I.

F R E IG H T T R A F F IC .
T on s o f F reig h t C a rried .

E a r n in g s .

Y ea r.
L o c a l.

1885..
1886..
1887..
1888.. .
1S89 ...
1890..
1891..
1892..

I

! T ota l.
1

T h ro\

L o c a l.

..
957,7091
242,081 1,199,790
..
1,260,601
289.200 1.555,847
..
1.829,516
3.9,172 2.208,688
2,303,2191 d00,l57|2,763.376
2,892,* -45 543,752 3,435,79 1
..
4,370,716;
H88,s“9!5,( 59,595
.. i !707,550 5,797,94]
5,000,39
..
5,94s.27i
670,450:0,624,72'.

M iscell
an eou s.

) T h rou gh.

1,453.124 01! 681,195 97
1,778,457 28 812,309 36
2,531,531 27 87*,* 88 84
2,979,563 23 840/03 46
3.390.720 IS! 1,026.594 «7
4,494,905 70 1,141,251 33
5,59' ‘,322 91 i 1,389.80* 78
6.331,lr8 u l I,3u3,0i2 48

to ta l.

$
$
53,21-’ 10 2,191,352 14
49,8 6 49 2.040/93 13
37,482 8 3,442,702 97
76,881 53 3,897,048 22
81,94 404 4,499,257 44
91,567 20 5,727,784 39
110,186 60 7.090,316 29
129,1 L5 07 7,763,345 56

The earnings from L real Traffic, that is passenger and
freight traffic originating at, or destined to, points upon your
T h e r e r e m a in e d ..................................................................................... $ 2 9 6 ,3 1 3 6 9
line, were 84'5 per cent of the aggregate earnings.
applicable to tbe dividend which, under ordinary circum
Comparative tables of passenger and freight statistics for
stances, would be payable in April, 1893, which amount is not several years are given below: —
sufficient to justify the declaration of a dividend.
P A S S E N G E R S T A T IS T IC S .

A s c o m p a r e d w it h t b e p r e v io u s y e a r , tn e
G r o s s E a r n in g s I n c r e a s e d ...........................$ 7 6 4 ,8 3 9 6 8 , o r 8 p e r c e n t .
T h e O p e r a t in g E x p e n s e s , i n c l u d i n g t a x e s ,
i n c r e a s e d ................................................................... 1 , 0 2 1 ,9 0 5 4 3 , o r 1 7 p e r ce n t .
A n d t h e N e t E a r n in g s d e c r e a s e d ...................
2 5 7 ,0 6 5 7 5 , o r 8 p e r c e n t .

The gross earniDgs were $764,839 68 more than during the
previous year. Of this amount $374,773 was due to the in
creased mileage, which was 217 miles more than the average
of the previous year, the average rate per ton per mile b?iDg
even lower than for the preceding year. The gross earrings
of your main line and its branches were $10,383 per mile as
compared with $10,146 per mile of the previous year, the
earnings of the older portion of your lines thus showing a
slight increase, but the smaller earnings on the newer and
less developed portions of your lines reduced the average
earnings of your entire system to $7,609 per mile. The operat
ing expenses were $1,021,915 in excess of the previous year,
the proportion of operating expenses to gross earnings being
71 per cent as against 65 per cent in the previous year, but tbe
cost of operation per mile shows a reduction of $132, the
operating expenses for the year being at the rate of $5,376 per
mile as compared with $5,508 for the previous year. Tbe net
earnings, as shown in the above statement, decreased $257,065.
The net earnings per mile being $3,233, as against $2,9l3 per
mile the preceding year, a decrease per mile of $680.
The unfavorable and disappointing results of the past year
(which were not peculiar to your Company, but prevailed in
many sections of the country and affected many railroad
lines), whilst principally due to the fact that the industries
upon the newer portions of your line had not, on account of
the general business depression, been sufficienily developed
to enable them to contribute their full quota to the revenue
of your Company, were also in a measure due to the falling
off in through traffic, the d e crea se in earniDgs from this
source, notwithstanding the number of new connections made,
being $88,345, but also to the fact that the increase in tonnage,
which amounted to 826,786 tons, was in classes paying the
lowest rates of freight.
The passenger traffic was also less remunerative than here
tofore, owing to largely increased train mileage with less
proportionate increase in the number of passengers carried
and to the lower average rate received per passenger per
mile, the result being that although the number of passengers
carried during the year increased 345,387, the gross earnings
therefrom only increased $61,226 50, and the expenses in
creased $221,095 84, resulting in a net decrease from this
source of $159,869 34.
A comparison with previous years is shown in the follow
ing statement:
Y ear.
1885
1886
1887
1888
1889
1890
1891
1892

A v e r . M ile s
O p era ted .
....................................
503
....................................
507
....................................
527
....................................
542
.......... .......................
591
....................................
826
.....................................
1 ,0 9 1
...........
1 ,3 0 8

G ross E a r n in g s
p e r m ile .
$ 5 ,5 0 9 19
6 .4 1 4 3 1
8 ,0 7 3 6 1
9 .0 3 9 8 5
9 ,4 7 0 6 0
9 ,1 5 4 86
8 ,4 2 1 6 7
7 ,6 0 9 2 4

N et E a r n in g s
p e r m ite.
$ 2 ,2 3 0 2 8
2 .5 4 6 6 4
3 ,3 6 0 5 5
3 ,5 0 1 2 4
. 3 ,5 7 6 6 0
3 ,2 9 8 9 8
2 ,9 1 3 18
2 ,2 3 3 3 4

The results of operating your lines for a series of years are
shown by the following comparative statement:
Y ear.
G ro s s E a r n in g s .
1885
................... $ 2 , 7 7 1 , 1 2 0 8 7
1886
.................... 3 ,2 5 2 ,0 5 6 5 9
1887
.................... 4 ,2 5 4 .7 9 4 0 3
1888
................... 4 ,8 9 9 ,5 9 8 8 9
1889
...................
5 .5 9 7 ,1 2 4 5 8
1 8 9 0 ................................ 7 ,5 6 1 ,9 1 5 9 7
1891
................... 9 ,1 8 8 ,0 4 2 0 1
1892
.................... 9 ,9 5 2 8 8 1 6 9

O p er. E x p e n s e s .
$ 1 ,6 4 9 ,2 9 1 68
1 ,8 6 0 ,9 0 9 3 6
2 , 4 8 3 .7 8 0 2 1
3 . 0 0 1 ,P ' 7 1 3
3 ,4 8 3 ,3 5 2 4 1
4 ,8 3 8 ,6 1 0 4 9
6 ,0 0 9 ,7 6 7 2 3
7 , 0 3 1 ,6 7 2 6 6

N e t E a r n in g s .
$ 1 ,1 2 1 ,8 2 9 19
1 ,2 9 1 ,1 4 7 23
1 ,7 7 1 ,0 1 3 8 2
1 ,8 9 7 .6 7 1 7 6
2 ,1 1 3 ,7 7 2 17
2 , 7 2 3 , 3 0 5 ‘4 8
3 ,1 7 8 ,2 7 4 7 8
2 ,9 2 1 ,2 0 9 0 3

Y ear.

N o. o f
P a ssen g ers.

1 8 8 5 ........
3 8 8 6 .........
1 8 8 7 ........
1888 . . . .
1 8 8 9 ........
1 8 9 0 ........
1 8 9 1 ........
1 8 9 2 ........

3 8 8 ,0 8 7
4 0 0 ,2 6 9
5 * 8 .9 5 1
7 7 L.2 4 8
8 4 1 ,9 8 6
1 ,5 1 9 ,2 .3 1
1 , 8 * 7 .5 2 2
2 ,2 3 2 ,9 0 9

E a r n in g s p e r E xp en ses P r o fit p e r
P a ssen ger
P a ssen g er
p er
p e r M ile.
P a s 'n g e r p e r M ile.
C en ts.
C en ts.
p e r M ue.
C en ts.

P a ssen g er
M ile a g e .

1 9 .1 5 1 ,5 3 4
1 9 ,5 8 0 .0 0 0
2 6 ,7 0 3 ,5 7 9
3 5 , 3 8 5 ,8 1 5
3 6 ,3 9 2 ,4 6 6
6 4 ,0 8 6 ,4 5 0
7 1 ,3 9 1 ,7 6 1
7 6 5 3 0 ,5 3 1

3*027
3*122
3*041
2*833
3*0L 7
2*862
2 *93 8
2 «61

1*25 0
1 -1 7 9
1 *30 8
1 -2 7 0
1198
1*243
1*071
0 -8 3 0

1*777
1*943
1 733
1*563
1*819
1 *61 9
1*86 7
2 031

F R E IG H T S T A T IS T IC S .
E a r n in g s p e r E x p e n s e s P r o f i t p e r
T on p e r
T o n p e r M ite. p e r Ton
M ite.
C en ts.
p e r M ile.
C en ts.
C en ts.

Y ear.

N o. o f T on s.

T on nage
M ile a g e .

1 8 8 5 ........
1 8 8 6 ......
•8 8 7 ........
1 8 8 8 ........
188 9. ..
1 8 9 0 ____
1 8 9 1 ........
1 8 9 2 ........

1 ,1 9 9 .7 9 0
1 ,5 5 5 ,8 6 7
2 ,2 0 8 ,6 6 8
2 ,7 6 3 .3 7 6
3 . 4 3 5 ,7 9 7
5 ,0 5 9 ,5 9 5
5 ,7 9 7 ,9 4 1
6 ,6 2 4 ,7 2 7

2 9 5 ,7 8 8 ,* -7 2
4 0 3 , 0 8 ,9 0 8
5 4 1 ,9 1 7 .9 4 5
6 6 9 5 2 6 ,7 4 0
8 1 9 ,1 6 0 3 9 4
1 0 0 3 ,8 7 2 ,7 2 6
1 ,2 9 2 ,9 8 4 .6 3 1
1 ,4 4 4 ,8 3 5 ,6 2 0

0 *74 1
0 -6 5 5
0 *63 5
0 -5 8 2
0 *54 9
0*571
0 548
0 -5 3 7

0 443
0*39 l
0 373
t *366
0 *34 4
0*379
0361
0 -3 7 9

0 -2 9 8
0 -2 6 3
0 *26 2
0 -2 1 6
0*205
0 *19 2
0 -1 8 7
0 -1 5 8

The average rate per ton per mile during the year was O'o3?
cents, a decrease, as compared with the previous year of 0 010
cents. The average expenses per ton per mile were 0-38 cents,
an increase of 0 019 cents as compared with the previous year.
M IN E R A L

T R A F F IC .

The mineral traffic increased during the year 650,777 tons
over the previous year. Tne growth and diversified character
of this class of local traffic is shown in the following state
ment :—
Y ear.

Iro n
O re.

P ig
Cn 7
: I r o n . \ LoaL

C oke,

T on s. J T on s.
T on s. 1 T on s.
1,399 13,372
4,735 ........ ! 6,181
51,915 24,611
54,552 23,762! 20,217
49,302 28,591! 153,229 56,360 ! 27,718
60,825 23,209 499,138 48,571! 15,023
05,851 34.917! 739,018 59,021: 24,451
1*28,696 46,642; 992,200 151,171, 30,948
195,350 95,383 1,343,312 *202,S08! 49,573
249,374 161,215 1,543,900 310,504: 87,965
180,981: 235,814:1,892,969 499,148; 187,083
509,339 *283,59012,341.226 406,0101247,803
618,757 417,611'2,0:<6,0/3 499 777-301,963
Ton s.

1882..
1883..
1881..
1885..
1886..
1887..
1888..
1889..
1890..
1891..
1892..

j Stone.

O ther
Z in c
O re A M in e r 
S p elter
als.
T om .

Tons.

T ota ls.
T on s.

48,311
3,362 19,262
777 23,113 198,947
1,185 30.991 347,376
1,021 36,884 685,271
1,437 36,671 961,366
8,577 59,255 1.,417,549
15,479 58,504 1,,960,415
15,293 68,506 2,,436,757
14,420 247,821)3, 558 869
1-1.672 258,17814, 154,884
22.80 >215,67514,,805,66

The Coal and Coke transported over your line during 1892
(including 530,883 tons used by your company) was 3.666,733
tons, an increase of 384,062 tons, as compared with the pre
vious year.
The growth of this traffic is shown by the following statem e n t :—
Y ear.
1 8 8 3 ................................. ...................
1 8 8 4 ................................
1 8 8 5 ................................. ...................
1 8 8 6 ............................... ...................
1 8 8 7 ................................ ...................
1 8 8 8 ............................... ...................
1 8 8 9 ............................... ...................
1 8 9 0 ............................... ...................
1 8 9 1 ............................... ...................
1 8 9 2 ............................... ...................
T h e c o n t in u e d

T id e w a te r .
T on s.
N one.
3 7 3 ,7 4 6
5 6 9 ,3 4 9
7 4 1 .8 7 5
9 8 8 .8 4 2
1 ,1 3 5 ,4 4 6
1 ,2 9 1 ,5 7 6
1 ,6 7 8 .8 0 6
1 ,8 8 2 ,4 8 7

in c re a s e in

L in e T ra d e„
{L o c a l.)
T oils.
10V 05
2 7 2 .1 7 8
2 7 8 ,7 4 1
3 6 0 ,2 8 6
5 6 6 .7 1 9
7 8 1 ,9 4 9
9 8 8 ,8 0 1
1 ,4 1 8 ,3 7 1
1 ,6 0 3 ,8 6 5
1 ,7 8 4 ,2 4 6

lo c a l c o n s u m p tio n o f

T o ta l C oal
a n d C o k e.
Tons.
1 0 5 ,8 0 5
2 7 2 ,1 7 8
6 5 1 ,9 8 7
9 2 9 ,6 3 5
1 , 3 0 8 ,5 9 4
1 ,7 7 0 ,7 9 1
2 ,1 2 4 ,2 4 9
2 , 7 0 9 ,9 4 7
3 , 2 8 2 .6 7 1
3 , 6 6 6 ,7 3 3
coal and

coke is particularly noticeable and gratifying.
O res a n d I r o n .—The shipments of iron ores were 618,757
The growth of the traffic and revenue is shown separately for
tons, an increase of 79,418 tons, or 15 per cent, as compared
passengers and freight in the following tables:
with
1891. The shipments of pig iron were 417,611 tons, an
P A S S E N G E R T R A F F IC .
increase of 134,021 tons, or 47 per cent, as compared with 1891.
P a ss e n g e r s C a rried .

E a r n in g s .

Y ea r.

F IN A N C IA L .

To meet the Company’s financial requirements for complet
Total.
ing the Ohio Extension and for the transportation facilities
needed in connection therewith, authority was given by the
$
$
$
*
22,191 388.087
1885
365,890
.....................
387,681 62 70.757 77 121.323 34 579.763 73 shareholders at the annual meeting held May 4tb, 1892, for the
1886
882,0*2
.....................
18.187 400,269, 422,811 42 63.410 93 1*5,132 11 011,303 46
535/97
1887
.....................
23,354 550,9511 590,009 4° 94,587 14 1*0.834 43 812,091 08 issue o f 100,000 shares of preferred stock, it being intended
26,979 771,248 754,802 93 100.975 22 140,772 52 1.002,550 f 7 that not exceeding 50,000 shares would be issued during the
744,269
1888
.....................
18S9...... 808/09 33.117 841,980' 802,387 04 137,917 0s 157,50* 4* 1,097,807 14
1,47?,24S
1890
.....................
41,983 1,519,2311 1,430,010 08 17-S250 28 221,371 22 1,834,131 58 year and offered for subscription to the shareholders.
1,855,89)
1891
.....................
81/31 1,887,522 1.045,089 47 174.503 6t" 278,132 f 9 2,097.725 72
As explained in a circular to the shareholders issued under
2.198.Hrtt
1892
.....................
34,240 *,232,909 1,707,890 10 172,923 47 308,71*1 50 2.189,530 13
date of September 23tb, 1892, the market priceof the preferred
As compared with the previous year, the earnings from shares after the annual meeting was such that an immediate
Local passenger traffic increased 4 per cent and the earnings offer to the shareholders was impracticable, and in order that
from Through passenger traffic decreased 1 per cent.
the construction of the Ohio Extension should proceed without
L o c a l.

Thro\

T o ta l.

L o c a l.

U .S . M ails.
T h rou gh. E xfjress.ecc

A pril 22, 1898. J

THE CHRONICLE.

interruption, and to provide at least a portion of the money
required, an arrangement was made with a syndicate of hank
ers through whom the 82,000,000 collateral loan had been
effected, by which the collateral loan was continued until De
cember 31sr. 1893, and the syndicate agreed to purchase and
pay for 30,000 of the preferred shares at §50 currency per
share, less a rebate of $3 per share, the shares to be held by
the syndicate for at least three months, subject to the right to
the Company to offer the same, together with an additional
number of shares, for subscription to its shareholders at §50
per share.
The market price of the shares h a v i D g still further declined,
an extension of time for 30 days was obtained, at the end of
which it was decided to ask for no further extensions of time,
and the syndicate became the unconditional owners of the
30,000 shares.
In the circultr above referred to reasons were given for re
ducing the October dividend to 1 per cent, and for paying it
in scrip convertible into debenture bonds bearing interest at
the rate of 5 per cent.
There were also sold during the year :

675

Charles H. Mellon was, on March 30th, appointed an assist
ant to the President, and T. S. Divant was, on May 1st, ap'pointed General Freight Agent to succeed A. Pope, resigned.
C O N N E C T IO N S .

For many years your Company had comparatively few con
neciions with other lines of railway. The branches first consi ructed were local feeders and did not connect with other
lines, but during recent years these have been extended and
now connections formed, so that now your Company has 55
distinct connections with other transportation lines. As these
numerous connections have been but recently secured, the in
crease of through traffic has not been proportionate to the in
crease of local traffic.
The earnings from the through traffic of your Company for
the year 1881 were $813,688, being 38 per cent of the total
earnings, and for 1891 were $1,475,966, the increase in 11 years
being but $662,278, whereas your local earnings during the
same period increased $6,728,966, and in 1892 were 84-5 per
cent, of the total earnings, through traffic contributing only
15-5 per cent. The number of tons of through freight trans
ported for 1892 amounted to 676,456 tons. The through pas
$ 2 , 1 6 0 , 0 0 0 100 - y e a r m o r t g a g e b o n d s ;
sengers carried were 34,240, an increase of 2,6o9 as compared
l b 0 ,0 0 M a r y l a n d & W a s h i n g t o n D iv i s io n b o n d s :
with 1891. The gross revenue from through passenger and
5 4 ,0 0 0 E q u ip m e n t. M o r t g a g e b o n u s ;
freight traffic amounted to $1,475,966, a decrease, as com
0Oo,OOO 5 p e r c e n t G o ld C a r T r u s t c c r t ifia a te a .
pared with the previous year, of $88,345.
The proceeds of these sales were applied towards the pay
A reference to the map of your system attached to this re
ment of the following expenditures for capital accounts :
port will show the very favorable position occupied by your
O h io E x t e n s i o n ......................................................................................... $ 2 ,0 3 6 ,7 8 5 0 2
Company as regards connecting lines, by means of which the
B e t t e r m e n t s a n d a d d it i o n s t o t h e p r o p e r t y , i n c lu d in g
products upon your line reach the markets o f the entire
n e w i r o n b r id g e s , e n g in e -h o u s e s , 4 7 '3 1 m ile s o t s id in g s ,
r e a l e s t a t e , & c .........................................................................................
7 4 3 .7 0 2 9 0 country, and from which large accessions of traffic will ba
T e r m i n a l f a c i l i t i e s ...................................................................................
5 2 9 ,7 7 1 6 2
obtained.
B r a n c h e s t o c o a l a n d o r e m i n e s .......................................................
L y n c h b u r g B e lt L i n e ...............................................................................
S e c o n d t r a c k ( 7'3 4 m il e s ) .....................................................................
B e t t e r m e n t s t o t h e M a r y la n d & W a s h in g t o n D i v i s i o n ___
R o l l i n g s t o c k ................................................................................................

2 3 7 ,9 9 3
1 0 0 ,6 6 5
1 9 7 ,4 3 6
4 3 1 ,1 7 5
8 3 3 ,7 4 5

54
56
43

49

20

T o t a l ..........................................................................................................$ 5 , 1 3 1 ,2 7 5 7 6

Car Trust obligations maturing in seven years, to the
amount of $884,939 50. were issued early in the year for new
rolling stock, costing $1,035,811 23, in addition to which the
“ Equipment Mortgage of 1892,” which originally contem
plated an issue of $5,000,000 bonds, was modified by limiting
the issue to $900,000, representing rolling stock costing $1,062,030 previously acquired and paid for by your company, by
eliminating the sinking fund provision and changing the date
of maturity of the b >nds. The $900,000 o f bonds were then
deposited in trust with the Girard Life Insurance, Annuity
& Trust Company of Philadelphia, as trustee, and $9. 0,000
10-year 5 per cent Car Trust certificates were issued against
them and sold.
Under the sinking fund provided for the retirement of
bonds under the Equipment Mortgage of June 1, 1888, the
Trustee purchased and canceled during 1892 $151,000 of such
bonds. Ihe total amoimt of these bonds so purchased and
canceled to the close of the year 1892 was $433,000.
Through a report made at the last annual meeting you
were informed as to the Columbus Connecting & Terminal
Railroad Company (controlled by your Company by an own
ership of stock and by lease) through which ample terminal
facilities will be provided for your Company at Columbus,
Ohio. The real estate acquired for that purpose cost $568,304 69,
and $229,054 84 was expended for construe ion thereon to
December 31, 1892, and it is estimated that an expenditure of
$204,500 will be required during the current year. On account
of these expenditures, $600,000 30-year 5 per cent bonds of the
Terminal Railroad Company, guaranteed by your Company,
were sold, and for such other expenditures as may be neces
sary provision will be made through the capital st >ck of that
Company, to which your Company has subscribed ; the in
vestment therein at the close of the year amounted to $180,000. As shown upon tire map attached to this report, this
terminal railroad, in addition to affording excellent and nec
essary terminal facilities, provides an independent entrance
into Columbus, and embles your Company to connect with
and interchange traffic with all the railroads centering in that
important city.
At the close of the year the Company had in its treasury,
or in use as collateral, $5,938,000 of its 100-year mortgage
bonds, and was entitled to withdraw from the Trustee $209,000 Maryland & Washington Division First Mortgage bonds,
these bonds representing the excess of expenditures for capi
tal accounts over the amount realized from the sale of secu
rities. In addition the Company bad various other securities
in its treasury, as will be seen from the balance-sheet attached
to this report.
Your Company had outstanding at the close of the year
bills payable amounting to $788,928, and the collateral loan
for $2,000,000, which will be due and payable December 31st,
1893. The $525,000 outstanding convertible debenture bonds
will be payable January 15th, 1894, to provide for which $525,000 100-year mortgage bonds were set aside under the terms
of that mortgage. Arrangements will be made during the
year for the funding of all these obligations.
The $196,000 second mortgage 8 per cent bonds of the Nor
folk & Petersburg Railroad Company, which mature July
1st, 1893, will be extended until July 1st, 1900, at 5 per cent
interest per annum.
C H A N G E S IN O R G A N IZ A T IO N .

Mr. Henry Whelen, Jr., of Philadelphia, at the last annual
meeting, was elected a Director to fill the vacancy then exist
ing in the Board,

C O N C L U S IO N .

Business conditions throughout the year were exceedingly
unfavorable. The iron industry, so important to your
Company, was in a condition even more depressed than
during the previous year, prices for pig iron being lower
than at any other previous period. Many of the furnaces
upon your line and its connections were out of blast, and to
the furnaces in operation it was necessary to make material
reductions in the rates of freight. On account of the very
low price of cotton during the previous year, there was ex
ceptional business depression throughout the Southern States,
causing a falling off in general merchandise traffic, which was
reflected in the earnings of nearly all Southern lines. By
reason of the smaller acreage planted in cotton during the
past year, there was a marked diminution in the crop, and of
this crop your Company had not its proper proportion for
transportation, the numoer of bales carried during the year
being 54 per cent less than during the previous year, the
revenue therefrom being proportionately reduced. Tnere was
considerable falling off in many branches of business, gen
erally in classes paying high rates of freight. The aggregate
tonnage of your line, however, increased 826,786 tons, but
this increase was mainly in coal and other minerals paying
low rates of freight, the increase in mineral traffic being 650,777 tons, leaving for the increase in general merchandise, only
176.009 tons.
The gross earnings of your Company have increased unin
terruptedly each year since its organization, having grown
from $2,267,288 in 1881 to $9,952,881 in 1892. The increase in
gross earnings for the year 1892 compared with the previous
year amounted to $761,840, of which increase the 10 months’
operation of the Winston-Salem Division contributed $188,347, the Durham Division during the same period $135,165,
and the Ohio Extension for the two months of November and
December $51,260, the earnings from these sources aggre
gating $374,772.
Whilst the net earnings of vouv Company since its organi
zation have grown from $1,104,056 in 1881 to $3,178,275 in
1891, and to $2,921,209 in 1892, they, for the first time in 8
years, decreased as compared with the previous year.
It is not to be expected that the earnings of a railroad will
increase year after year without interruption; like other
branches of trade, the transportation business suffers during
periods of depression. Your system has been extended rapidly,
more rapidly than would have been the case had your Manage
ment been able to select its own time to acquire or extend lines
necessary to protect its territory. Your system is now practi
cally completed, and no further large expenditures are antici
pated or will be required, and the capital expenditures will
be confined to such moderate annual expenditures for equip
ment, additional side tracks, double tracking and terminal
facilities as the annually increasing business will necessitate,
and from which ample returns may be expected. Notwith
standing the general business depression, several new enter
prises were established upon your line during the past year,
the most important of which is the Mathieson Alkali Works
at Saltville, which, when completed and in operation, prom
ises to be one of the most extensive and important upon your
line.
The completion of your Ohio Extension is by far the most
important event in the history of your Company. The exten
sion of your line to the Ohio River, which was foreshadowed
in the first annual report, has from the first been regarded as
necessary to enable your Company to fully carry out its policy
of developing its local resources. Its operation will greatly
facilitate the growth of traffic upon your line and will from
year to year add largely to its revenues. Whilst its influence
upon the increase of local traffic caimot be over-estimated, it
is also certain that it will bring to your Company large and
continued accessions of through traffic.

THE CHRONICLE.

676

There is as yet no material improvement in the iron trade,
but in many respects general business conditions are more
favorable to increase of traffic and revenue than for some
time past. Your Management does not feel justified in mak
ing predictions as to the immediate future, yet it is confident
that with a revival of business activity, and even a slight im 
provement in the iron trade, your traffic and revenue will be
satisfactory.
The Treasurer’s condensed Balance-Sheet, and a statement
and description in detail of the Funded Debt of the Company,
together with balance-sheets of the Auxiliary Companies, is
hereto appended. For full statistics of the operations of your
line you are referred to the reports of the Comptroller and of
the Vice-President and General Manager, which will be pub
lished in connection with this report.
The Board takes pleasure in acknowledging the ability and
fidelity with which the officers and employes have discharged
the duties intrusted to them during the year.
By order of the Board,
j
F . J. KIMBALL, P r e s id e n t .
N o t e .— This preliminary report is printed for the informa
tion of shareholders prior to the annual meeting, to be held
at Roanoke, Virginia, Wednesday, May 3d, 1893. The full
report, containing complete statistics as furnished by the heads
of departments, will be ready for distribution about that time.
CON DENSED B A L A N C E SH EET.

G e n e r a l L e d g e r N o r f o l k & W e s t e r n R R . C o m p a n y D e c . 3 1 , 189 2
A s s e ts .
$ 9 3 ,6 4 6 ,3 4 4
R a i l r o a d p r e m is e s , p r o p e r t y a n d f r a n c h is e s .
9 , 9 3 1 ,0 2 4
B o l l i n g s t o c k .......................................................................
C a r T r u s t s , a d d it i o n a l r o l l i n g s t o c k : —
C h a r g e a b le t o p r i n c i p a l . . . .......................$ 1 , 2 4 4 ,5 3 7 1 5
C h a r g e a b le t o i n t e r e s t ...............................
2 7 5 ,0 0 5 2 1
1 ,5 1 9 ,5 4 2
C o m m o n s to c k h e ld b y tru stee o f 1 0 0 -y e a r m o r tg a g e 5
p e r c e n t l o a n ........................................................................................
1 0 5 ,1 0 0
I n v e s t m e n t s in o t h e r c o m p a n i e s : —
f R o a n o k e M a c h in e W o r k s F i r s t M o r tg a g e b o n d s ..................................................... $ 5 0 0 ,0 0 0 0 0
R o a n o k e M a c h i n e W o r k s s t o c k , 4 ,1 6 7

I

s h a r e s ...................................................................
3 6 4 ,6 0 0
1 V ir g in ia C o m p a n y s t o c k , 9 9 3 s h a r e s ..
9 9 ,3 0 0
O ld D o m i n i o n SS . C o. s t o c k , 1 ,8 7 6
s h a r e s ...................................................................
1 8 7 ,6 0 0
C o lu m b u s C o n n e c t i n g & T e r m i n a l R R .
C o m p a n y s t o c k ...............................................
1 8 0 ,0 0 0
M a t e r ia l s a n d s u p p l i e s .............................................................
A c c o u n t s r e c e i v a b l e ( c u r r e n t b a l a n c e s ) ........................
1 0 0 -Y e a r M o r tg a g e b o n d s o w n e d b y th e C o m p a n y .
C hb Ii *
5 G e n e r a l a c c o u n t ............................................... $ 6 9 8 ,2 7 2
\ S e t a s id e f o r s p e c i f i c p u r p o s e s ................
1 4 2 ,2 0 9

07
45

36
00

00
00
00
00

1 ,3 3 1 ,5 0 0
3 5 5 , 7 --tl
1 , 5 7 5 ,1 3 8
5 , 9 3 8 ,0 0 0

00
53
17
00

27

88
8 4 0 ,4 3 2 15
$ 1 1 5 ,7 4 2 ,9 1 2 7 8

N o t e .— T h e C o m p a n y is e n t il l e d t o $ 2 0 9 ,2 2 6 M a r y l a n d & W a s h i n g t o n
D iv is io n F ir s t M o r tg a g e B o n d s in h a n d s o f T ru s te e , n o t y e t d ra w n .
L ia b ilit ie s .
C a p it a l s t o c k —P r e f e r r e d .................................$ 4 3 ,0 0 0 ,0 0 0 0 0
C o m m o n ..................................
9 ,5 0 0 ,0 0 0 0 0
$ 5 2 ,5 0 0 ,0 0 0 0 0
F u n d e d D e b t .:—
D iv i s io n a l L ie n s .
( N o r f o l k & P e t e r s b u r g R R . C o ........
$ 4 9 6 ,0 0 0
] S o u t h s id e R R . C o .................................
1 ,0 1 3 .3 0 0
( V i r g i n ia & T e n n e s s e e R R . C o ..........
1 ,9 9 0 ,9 0 0
N o r f o l k d-. W e s te r n R R . Co.
G e n e r a l M o r t g a g e ...................................
7 , 2 8 3 ,0 0 0
N e w R i v e r D iv i s io n 1 s t M o r t g a g e .
2 ,0 0 0 ,0 0 0
Im p r o v e m e n t an d E x te n s io n M o r t.
5 ,0 0 0 ,0 0 0
A d ju s t m e n t M o r t g a g e .........................
1 ,5 0 0 ,0 0 0
C o n v e r t i b l e D e b e n t u r e b o n d s ____
5 2 5 ,0 0 0
C l i n c h V a l l e y D iv is io n 1 s t M o r t . . .
2 , 5 0 0 ,0 0 0
E q u ip m e n t M o r t g a g e lo a n , 1 8 8 8 ..
4 ,2 7 9 ,0 0 0
\ 1 0 0 -Y e a r 5 p e r c e n t M o r t g a g e l o a n 1 5 , 7 0 3 ,0 0 0
I S c i o t o V a ll e y & N . E . R R . C o . F i r s t
f
M o r t g a g e .................................................
5 , 0 0 0 ,0 0 0
M a r y la n d & W a s h i n g t o n D iv i s io n
F i r s t M o r t g a g e ................... a .............
7 , 0 5 0 ,0 0 0

I

D e b e n t u r e b o n d s 1 8 9 2 .......................
2 8 3 ,5 0 0
D iv i d e n d s c r ip O c t ., 1 8 9 2 ................
1 4 6 ,5 0 0
C a r T r u s t L e a se W a rra n ts, p r i n c ip a l.. . $ 1 ,2 4 4 ,5 3 7
“
*4
“
i n t e r e s t .........
2 7 5 ,0 0 5
5 p e r c e n t G o ld C a r T r u s t C e r t ific a t e s o f 1 8 9 2 ___
C o l l a t e r a l lo a n D e c e m b e r 3 1 , 1 8 9 3 ...............................
B i l l s p a y a b l e ...............................................................................
D e f e r r e d p a y m e n t s a c c o u n t r e a l e s t a t e ............. .
A c c r u e d b u t u n m a tu red in te re s t on fu n d e d d e b t.
A c c o u n t s p a y a b le ( c u r r e n t b a l a n c e s ) ..........................
S u r p lu s o f i n c o m e , D e c . 3 1 s t , 1 8 9 2 ...............................

00
00
00
00
00
00
00
00
00
00
00

xe

<£m x m z x c m l

CO M M E RCIA L

Jxmes.

EPITOME.
F r id a y N ig h t , A r r il 2 1 ,1 8 9 3 .

General trade continues backward, buyers manifesting an
unusual degree of caution, and limiting purchasers closely to
apparent actual requirements. Speculation in staple com
modities underwent further heavy liquidation at the com
mencement of the current week, but the lower prices reached
under the selling pressure attracted a fresh demand,which led
to a partial recovery of tone. Exporters have been more lib
eral buyers of breadstuffs, wheat in particular having been
bought freely on foreign orders. The promise for the wheat
crop is about the same as one week ago. Some wheat lands in
Kansas and Illinois have been converted to other crops in
consequence of damage to wheat. Navigation has been re
sumed upon the great lakes, but the Erie Canal will not be
opened until about May 8.
Lard on the spot has been taken slowly and prices have
been lowered somewhat, but at the close the market was
steady at 9 25c. for prime City, 10'25c for prime Western and
10-60c. for refined for the Continent. The speculation in
lard for future delivery in this market has been dull, and
prices declined in response to easier advices from the West
and in smypathy with the weakness of the grain markets.
The close was steady at some recovery from bottom prices.
D AILY CLOSING PRICKS OF LARD FUTURES.
S a t.
Mon .
Tue.n. W ed .
T h ur.
M a y d e l i v e r y . ...................... o. 1 0 -4 0 1 0 - 1 0
1-1-10 10 0 5
1 0 -1 5
l u ly n n l i v e r y ...................... o . 1 0 -5 0 1 0 -2 0
1 0 -1 0 1 0 - 2 0
1 0 -3 0
S e p t e m b e r d e l i v e r y ___ c . 1 0 -5 5
1 0 -3 0
1 0 -2 0
1 0 -3 5
1 0 -3 5

F ri.
1 0 -1 5
1 0 -2 5
1 0 -4 5

Pork has been moderately active at slightly better prices
and the close was firm at §18@$18 50 for mess, §20 50®§22 50
for short clear and $17@$18 for family. Cut meats hare been
dull, but prices have been advanced in consequence of a
higher cost for hogs, and the close was firm at 103 ^ 3 llj^ c.
for pickled bellies, 10® 12 lbs. average, 12%®13c. for pickled
hams and 8J^@9c. for pickled shoulders. Beef is firmer at
§8 50@ S9 for extra mess, $8 50@§9 50 for packet, §L1@$12 50
for family and §16 @ §19 for extra India mess. Beef
hams are unchanged at §18. Lard stearine is quiet
at l l @ l l ^ c . in hhds. and tcs. Oleo stearine is steady at
7@7'y^o.
Tallow has been
fairly active at a de
cline, closing steady at 5c. Cotton seed oil has been
dull and prices have further declined to 39c. for prime
crude. Butter is active and higher at 23® 34c. for creamery.
Cheese is moderately active and steady at 10%®12c. for State
factory full cream. Fresh eggs are steady at 16@163^c. for
Western.
Coffee was pressed upon the market with great freedom,
causing further heavy decline in price. The modification of
cost attracted attention of buyers and infused steadier tone.
Rio quoted at 14%c. for No. 7 ; good Cucuta at 2 0 3 -4 ® 3 1 c.
and interior Padang at 24® 25c. Contracts for future delivery
were liquidated with great freedom, in consequence of which
much distress prevailed among operators on the ‘ -long” side,
and a prominent house was compelled to suspend. A t the
close conditions are still feverish with average inclination
weak. Following were the final asking prices :
A p r i l ....................1 4 -0 0 0 . I J u l y ...................... 1 3 - 0 0 J. i O c t .......................... 1 3 - 9 5 o .
M a y ......................1 3 -8 5 0 . A u g ....................... 1 3 '9 0 c . N o v ..........................I 4 '0 0 c .
J u n e .......... . . . . . 1 3 '9 0 c . | tsepc........................I 3 s 0 c . I D e o .........................1 4 -0 5 o .

00
00
00
00
15
21

351

[V o l . LVI.

5 4 ,7 7 0 ,2 0 0 0 0
1 ,5 1 9 ,5 4 2
9 0 0 ,0 0 0
2 ,0 0 0 ,0 0 0
7 8 8 ,9 2 7
2 1 ,0 0 0
8 9 4 ,0 6 5
2 ,3 3 5 ,3 4 5
1 ,0 1 3 ,8 3 1

36
00
00
51
00
17
98
76

$ 1 1 5 ,7 4 2 ,9 1 2 7 8
W M . G . M A C D O W E L L , T reasu rer.

—The reorganization committee of the Central Railroad &
Banking Company of Georgia and its allied lines announces
that it now has within its control and pledged to it so large
an amount of the securities covered by the plan as to justify
the opinion that the proposed reorganization will be perfected.
In justice to the interests committed to it, the committee has
resolved not to extend the time for the deposits of securities
beyond May 1st, except that it reserves the right to receive
securities thereafter upon the imposition, at its discretion, of
3 per cent.
—The Galveston Wharf Co., o f Galveston, Texas will re
ceive bids unjil May 10th for §200,000 5 per cent 50-year gold
bonds, interest payable in New York or Galveston. See ad
vertisement.

Raw sugars were stronger in tone in consequence of stim
ulating advices from primal markets, and at advanced prices
importers are indifferent sellers. Centrifugal quoted at 3 %
@4c. for 96 deg. test and Muscovado at 3% § 3 ^ o . for 89 deg.
test. Refineds have increased in value and sola well for most
grades; granulated quoted at 5 3-16e. Green teas firm and
blacks steadier. Molasses and syrups firmly held.
Kentucky tobacco has been taken slowly, but values continue
firm. Seed leaf tobacco con'iaues quiet but prices are steady;
sales for the week were 850 cases, as follows: 250 cases 1891
crop, State Havana, 12Jgf@20c.; 50 cases 1890 crop, State Ha
vana, 14J^e.; 100 cases 1891 crop, New England Havana, 21®
50c.; 50 cases 1890 crop, Pennsylvania Havana, private terms;
100 cases 1891 crop, Pennsylvania Havana, 12j^@16c.; 50 cases
1891 crop Pennsylvania seed, 14-aloc.; 150 cases 1831 crop,
Zimmer’s, 12®13c., and 100 cases 1890 crop, Wisconsin Havana,
14@loc.; also 800 bales Havana, 72c.@§l 19, and 400 bales Su
matra, $2 50@§4.
The market for Straits tin was dull and weaker during the
fore part of the week, but at the close the dealings were fairly
brisk and prices firm at 20-70® 20 80c. Sales for the week
were about 225 tons. Ingot copper has been dull and the
market a shade lower at l l ’20c. for Lake. Lead has been
quiet and without change, closing steady at 4'12J^c. for
domestic. Pig iron is dull and u nchm gei at §12 75@Jfo 59.
Refined petroleum has been firm but quiet at 5 55c, in b'ols.,
3-0oc. in bulk and 6-10c. in cases; crude in bbls. has been
without change, Washington closing firm at 5'20c, in bbls.
and 2-70c. in bulk; naphtha 5%c. Crude certificates have
been quiet but steady, closing ac 68c. bid. Spirits turpentine
has advanced, owing to small supplies, and the close was firm
at 33J£® 34c. Rosins have been dull and easy at §1 2 ’ 3^® 1 30
for common and good strained. W ool has been in 1 g it re
quest and firm. Hops are firm but dull.

THE

A pril 23, 1893.J
C

O

T

T

O

N

C H R O N IC L E .

.

April 21, 1893.
T h e M o v e m e n t o p t h e C r o p , as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached -13,895 bales,
against 53,213 bales last week and 51,583 bales the previous
week, making the total receipts since the 1st of Sept., 1892,
4,714,274 bales, against 6,690,081 bales for the same period of
1891-2, showing a decrease since Sen. 1.1892. of 1.976.360 bale-.
F r id a y

Receipts at—
G alveston .........
E l P aso, & o...
New O rlea n s...
M obile...............
F lorid a ..............
S av an n ah .........
B rnnsw ’k, &o.
C harleston.......
P ort Royal,&c
W ilm in g ton ___

Tues.

N ig h t ,

Thurs.

Wed.

Sat.

Afon.

1,237

467
......
3,893
371
......
1,278
......
335
......
20

1,465
......
3,751
502
.........
376
......
288
.........
10

699
.........
1,124
29
.........
1,663
......
139

403

1,160
150

675
161

631

G69
13

539
445

518
1,297

4,096
447
......
610
......
323
........
14

N orfolk..............
W est P o in t...
N’ w p ’ tN ’s.&o.
New Y ork ........
B o s to n ..............
Philadelph’ a,&c

15

t o t a l s this week

7,827

668
.........
4,390
9
1,777
.........
93
.........
17

......
304
239

477
103
.........
......
370

4,S20

7 ,9 9 ll

88

80
8.7931

12

Fri.
262
975
369
341
......
613
......
22

4,798
975
17,628
1,702

11

84

228
80
207
.........
390
592
110

5,601
494
207
2.060
2.804
592
380

4,203

42,695

87

9.161

Toiai,

6,317
1,250

The following shows the week’s total receipts, the total sinc3
Sept. 1,1892, and the stock to-night, compared with last vear.
R e c e i p t s to
A p r i l 21.
G a lv e s t o n . . .
E l P a s o .& c .
N e w O r le a n s .
M o b i l e ............
F l o r i d a ..........
Savannah...
B r a n s ., A c .
C h a r le s t o n ..
W ilm in g t o n .
N o r f o l k ..........
W e s t P o in t .
N w p t N .,& o
N ew Y o rk . .
B o s t o n ............
B a lt im o r e ...
P h l l ’d e l ’ a .& o
T o t a l s ..........

S to ck .

1 8 9 1 -9 2 .

1 8 9 2 -9 3 .
T h is
W eek .

S in c e Sep.

1, 1 892.

4 ,7 9 8 1 ,0 1 3 ,8 8 0
4 6 ,3 8 3
975
17,6 28 1 ,4 6 2,76 7
1,702
1 6 2 ,0 1 9
2 7 .5 5 5
6,317
7 3 3 .3 9 9
...........
140,265
1 ,2 5 0
2 71 ,41 5
425
1 56,614
81
755
3 ,6 0 4
2 5 5 ,53 9
494
1 85 ,84 3
18,8 30
207
43,2 96
2 ,0 6 0
2 ,8 0 4
95,1 27
592
5 7,0 60
380
4 3 ,0 6 2
42,895 4 ,7 1 4 ,2 7 4

T h is
W eek .

S in c e S ep.

1893.

1 ,1 8 9 1 .

3,713 1 ,1 0 9 ,9 0 3
184
3 2 ,5 5 3
17,3 56 2 ,3 5 2 ,3 1 3
1 ,5 4 1
2 5 1 ,4 2 2
2 4 ,4 2 4
5 ,8 9 4
9 6 2 ,8 9 2
364
162,771
1 ,257
4 4 8 ,05 1
3
1 ,1 9 4
8 32
1 5 6 ,28 9
2 ,3 4 2
3 ,8 6 5
4 81 /17 1
2 ,3 0 3
3 1 1 ,2 1 9
4 4 ,1 7 4
286
84,345
738
2 ,0 7 7
1 1 2 ,89 5
7 6 ,9 2 3
5 87
2 ,2 0 7
72,5 21
4 3 ,2 0 7 6 ,6 9 0 ,6 3 4

1892.

4 4 .2 4 2
2,271
2 2 1 ,7 0 1
1 7 ,8 4 7

2 3 6 .4 8 4
1 9 ,1 0 2

4 2 ,8 1 0
2 ,5 0 0
2 5 ,1 5 0

3 9 ,2 9 9
2 ,6 5 4
3 9 ,0 8 0

9 ,7 4 9

10,4 89

4 0 ,2 9 4
3 ,2 5 0
8 40
2 6 0 ,1 4 4
1 1 ,5 0 0
8 ,0 9 0
1 2 ,4 9 4

2 3 .9 9 9
7 ,1 8 2

7 0 2 ,8 8 2

3 6 .1 5 8

4 0 0 364
10.0 00
28.0 42
1 3 .0 0 6
8 7 0 ,8 5 9

order that comparison may be made with other year, we
give below the totals at leading ports for sis seasons.
In

B s e e i p ts a t—

1893.

1892.

1 89 1 .

1890.

1889.

1 888

C h a r l’ s t ’n ,& c
W l lm ’ g t ’n .& e
N o r f o l k ..........
W ’tP o in t, A c
A ll o t h e r s ...

5 ,7 7 3
17,6 23
1 ,7 0 2
6 ,3 1 7
1 ,250
84
3 ,6 0 4
701
5 ,8 3 6

3 ,8 9 7
1 7 ,3 5 6
1,541
5 ,8 9 4
1 ,2 6 0
832
3 ,8 6 5
2 ,5 8 9
5,973

7 ,0 3 9
16,122
2 ,569
9,761
9 ,0 1 2
3 48
5 ,9 9 3
3 ,1 7 6
10,7 13

1,898
3 ,8 1 1
212
2 ,1 5 7
766
104
1 ,3 1 4
2 ,337
6,731

5,015
9 ,5 3 4
839
2 .6 4 5
2 ,2 2 9
194
1,5 46
5 ,3 7 4
8 ,7 7 9

1 ,2 3 2
1 1 .6 7 4
5 00
4 ,005
2 ,2 0 9
45
4 633
2 ,7 4 2
3 .571

T o t t h is w e e k

42,8 95

43,2 07

64,733

19,330

3 6 ,2 8 5

30,641

G a l v 's t o n ,& c
N e w O r le a n s
M o b i l e .............
S a v a n n a h ...

Bin o e R e n t. 1

4714.274 6 6 9 0 ,6 3 4 6 50 8 .7 7 5 568 1 .0 4 9 5 3 8 3 .9 2 8 5 2 2 0 725

The exports for the week ending this evening reach a total
o f 63,549 bales, of which 33,453 were to Great Britain, 2,833
t o France and 23.203 to the rest of the Continent.
Below are
the exports for the week and since September 1, 1892.
Expert,
fro m —

QalveBton.......
Velasco, Ac....
New Orleans.
Mobile & Pen.

W eek Ending A p r il 21.
Ex-ported to—
G reat
C on ti Total
BriVn. Franc t nen t. W eek.

943
. 3,539

18,151

S a v a n n a h .......

5,150

B runsw ick__
Charleston....

.........
.........

W ilm in g to n ...

N orfolk...........
W est P oint..
N portNws, A
New f o r k ....
B oston...... .

9,986
10,365

.........

B a lt im o r e .__
P h llah elp'a .A

23

454
........

T o t a l..............

Total. l«ai.»2

4,260

.........

2,434 11,190
3,091

677

In addition to above exports, our telegrams to-night a Iso
give us the following amounts o f cotton on shipboard, not
cleared, at the ports named. W e add similar figures for
New York, which are prepared for our special use by Messrs.
Oarey, Yale & Lambert. 24 Beaver Street.
O n S h ip b o a r d , n o t c l e a r e d —f o r
A p r i l 21 a t —

G re a t
B r i t a in .

3 ,3 3 0
3 ,9 1 2

S e w O r le a n s ...
G a l v e s t o n ..........
S a v a n n a h ...........
O h a r le s t o n .. ..
M o b i le .................

N one.
N one.
N one.

C th e r p o r t s ___

9 .0 0 0
1 0,5 00
6 .000

T o ta l 1 8 9 3 ...

3 2 ,7 4 2

T ota l 1 8 9 2 ...
T o ta l 1 8 9 1 ...

2 7 ,3 9 9
53,0 28

B cvnrr.e-i

441,037
016
17,039
21,720 4^8,704
40,441
6,15;>
61,711
57,773
4,2 30
83,091
74,102
.77,94:
52,233
0,362
23,013 329,800
10,295 103,398
3,54 > 77.293
9,509
20

133,748
298,770
24,727
2,487,900

21,958
6,905

Tots

102,244 737,029
23,617
40,683
319.068 1,080.542
40,4 li
253,814 340.252
80.755
20,499
112.019 207,213
57.929 132,031
24 123 102,070
59,936
7,700
6,002
115 501 467,338
0,740 173.144
83 822 171.083
200
9,739

38,4 5s

2,888 29,202 69,548 1,907,508 493,528 1,190,945 3,654 98 L

27.57?

0 468 35,570 09.615 2 078.399 333,396 1,542,621 5.157 4 ’ 9

C o a st
w ise.

8 ,8 5 8
2 ,231

4 ,0 6 9
4 ,3 3 2
1 ,000
100

3 ,7 8 0

L ea v in g
S to c k .

T o ta l.

2 0.0 37
10,528
1,000
100

N one.
N one.
N one.

N one.

N one.

2 ,5 0 0

N one.

2 ,5 0 0
7 .0 0 0
5 .0 0 0

N one.
N one.

1 4 .0 0 0
1 3 ,4 0 0
11.0 00

2 0 1 .6 6 4
3 3 ,7 1 4
4 1 ,8 1 0
2 5 ,0 5 0
1 7 ,8 4 7
2 6 ,2 9 4
2 4 1 ,7 1 4
3 9 ,6 9 4

4 ,6 8 0

2 5 ,5 9 2

12,051

7 5,0 65

6 2 7 ,8 1 7

5 ,1 7 9
7 ,0 5 8

4 4 ,9 0 0
2 9 ,1 4 8

6 ,3 8 0
4 ,6 3 6

8 3,3 58
9 3 ,8 7 0

7 8 7 ,0 0 1
4 4 1 ,1 5 3

N one.
N one.
N one.
N one.
N one.

900

U PLAN D S.

S a t.

..* lb .
O r d in a r y ..................... ...
S trio t O r d i n a r y ___ : ____
G o o d O r d i n a r y ..................
S trio t G o o d O r d i n a r y . . .
L a w M id d li n g .....................
S tr io t L o w M i d d l i n g . . . .
M id d lin g ...............................
G o o d M i d d l i n g ..................
S triot G o o d M i d d l i n g . . .
M id d lin g F a i r .....................
F a ir ..........................................
GULF.

M on T n es

5%
6*6
7
7be
7 O l0
7 16iq
S%
She
8=a
9
93fl

6
030
7H
7 9 ,8
71&18
8 3 ,8
830
3?«
9k,
9=8

S T A IN E D .

5 1 3 ,e
6 ’ ie
^ * 16
73s
7%
8
83 ,6
34
811,6
9 1 ,6
9b«

54
54
64
714s

54e
511„
6 9,6
74

W ed

5 9je
5 i ‘ ,s
613,8
74
7 Lj
74
7 > 5 ,6
84
She
8 ‘V ,
93, H

5 9 ,0
6 l 3 Ie
74
74
7%
? I6 is
84
8b6
8L*10
9 3 ,0

T h .

F r l.

5 9 18
515 ,6
6 l3 lf
74
74
7%
7 i ‘ ,e
84
8 ',0
S*-416

54
5 -3
64
7 1 ,6
7 7 ,g
7 U ;e
7 7s
8 3ig
84
84
94

W ed

T h .

F r l.

5 1 3 ,6
f il l s
7*10
7%
74
8
8 3 18
84
811,6
9 1 ,6
9b«

513 ,6
f i 'i e
7 * ,0
74
74
8
8 3 ,6
8^
s i 1,8
9 1 ,6
9 ',0

530
64
7

T h .

F r l.

513,8
6 3 ,0
7 '1 6
73s
74
8
8 3 ,6
84
S u ,6
9 i,r ,
9 ‘ i*

M on T u es

S a t.

G o o d O r d i n a r y ................. . . . 9 1 b .
S t r ic t G o o d O r d i n a r y . . .
L o w M id d li n g .....................
M id d lin g ..............................

5°16
516 ,6
0l-<16
74
74
74
715 ,6
84
8 716
8 liJie
9 3 ,«

M on T oes

S a t.

O r d in a r y ...............................
S tr io t O r d i n a r y .................
G o o d O r d i n a r y ...................
S triot G o o d O r d i n a r y . . .
L o w M id d li n g .....................
Striot L o w M i d d l i n g ___
M id d lin g ................................
G o o d M id d li n g ...................
Striot G o o d M i d d l i n g . . .
M id d lin g F a i r .....................
f a i r .........................................

W ed

5 1.6
511 .6
6 9 ,8
74

5 1 .6
511 .6
6 9 .6
74

5 ',6
5 U ,0
6 9 ,a
74

6
XJr16
715 ,8
8*8
8Le
84
9
93®

5
54
64
7 7 ,6

M ARKET AND SALES.

fo

C on ti
nen t.

O th er
F o r e ig n

Speculation in cotton for future delivery at this market was
tame at the commencement of the week and pressure to sell
led to a further decline in prices. Somewhat lei3 promising
crop accounts and a more liberal consuming demand in
Europe subsequently served as influences to cause a reaction.
On Saturday the cable advices were firm, but the news was
neutralized by reports of beneficial rains in Texas and by free
offerings from the South, under which our market broke 11
points. On Monday another sharp decline averaging about
30 points took place, in consequence of frea selling out o f
“ long” engagements and additional liberal tenders from the
South, a sudden weakness abroad adding to the depression.
Tuesday’s market opened in a somewhat hesitating manner,
but gradually developed a stronger tone in response to more
cheerful advices from abroad and a reduction of the offering
of supplies from primal points. During the early portion of
Wednesday a still further gain was made, but subsequently
disappeared before weaker European advices. Yesterday
there came a sharp advance of about 20@23 points, stimulated
in part by reports of cold weather in the cotton belt but prin
cipally by the improved tone at Liverpool and increased pur
chases by Manchester spinners. A t to-day’s market, however,
there was considerable selling out o f “ long” engagements, in
consequence of a weaker tone reported abroad and more
cheering crop accounts, under which prices receded about J^c.
per lb. Cotton on the spot sold slowly at declining prices,
closing %c. below last Friday. Middling uplands 7 % o .
The total sales for forward delivery for the week are 1,191,400
bales. For immediate delivery the total sales foot up this week
10,633 bales, including7,934 for export, 2,199 for consumption,
— for speculation and 500 on contract. The following are
the official quotations for each day o f the past week—
April 15 to April 21,

From Sept. 1, 1892, to A pr. 21.1893
Great.
B ritain . Franc*

F ra n ce.

The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
lame days.
SALES OF SPOT AND CONTRACT.
SPOT MARKET
CLOSED.
ia t’d a y .
M onday
T u e sd a y
W ed’ d a y
Th nr’ d ’y
F r i d a y ..

Q u ie t a t
d e c ..
E a s y a t 3 16 d e c .

500
1 ,8 0 0
2,479

D u ll
....................
S t e a d y ................. .
F ir m a t
dec...

1,4 5*6
1,705

T o ta l.
Th e

O o ji- S p ecs u m p . u l 'V n

E x
p o rt.

Sales and

340
330
500
2*9
450
350

7-9341 2 ,1 9 9
P r ic e s

o f

f flowing comprehensive table:

C on
tr a c t.

2 00
2 00
. .. .

ibo
—

Fdtuhbs

lo ta l.

840
2 ,3 3 0
3,179
229
1 .9 0 0
2,155

S a le s o f
F u tu r e s .

1 3 7 .3 0 0
2 6 1 .3 0 0
2 1 8 ,8 0 0
2 1 0 ,0 0 0
1 9 0 .5 0 0
1 7 3 .5 0 0

5 00 10.6 33 1 ,1 9 1 ,4 0 0
are

show n

by

th e

THE CHRONICLE.

678

O
C
H
S
G^ odp Qh30D® G*t3®5 QTJCDO
Qhjmg
ft
0
ohES ®© ® a
S'®
—
-® ® p. jr ®®2 -•®a 9 JO1®®,8® b® ™£ <5 5 *
. » SP<7b, H r
»SO•
to tri
1SS
. tt %
. £-85 (► ®
te*£
p.r-*d • P^r-H
*
p*r
ICO
—. >d
•
1 ,
:
tj
:
^
!
■
SC. .
: so•
85• M . so .
a
! 9' M
§ 1 t?
2
p: m p: ©
: p:
. p;
fn, ©
cn . r
•n®!. 1'
ft.
in • | . <n .
■ ®>
•
®; 1
.®;
: ®:
®: 1
<3
-j !► -3 d
*3
-1
M <3
73to
OiMw 13cflM^
U©tcB t-©bO^, dCDM® ~8 S
M bH
mmm® O©05< O-Wm
O©-GH V. cn©
5
M
‘S 4P 2 S4PB ‘S.4PS ^ » r S
® CJ'^ A O1b ^ © C5 ® cess ® w£- 2
*
-f
coo
■
H
G
O
©
r-i
©C
®
©
°?©D
©
©
mO
s ir
tb°
to®
©CC
K
5 6 CP- * 6 °
©
0
O’
© *
©
©
>
t> -3-3 ►
>
►
0-0
CO
«3 •41 < -G
•^1
5
< 11 <
®
otd' •
M1 1 M1 ®
C«C5 0 •vj 1 C
^
©
K)
©©
-* ^ w© ** OO
CO . M 1« ; I 4; : 1 4 : j 9
1 &toJ 1 d: : 2 .
M
to
OI
-3-30-3
-0-30-3 <1 1
<3 1 ©<l O |:
©
*? 1• 1
0
©
d’ C5°d -3 1 1
Old*0 © © •°Oi
©
M1c,0
© 0 — rc <l'
CO 1 1 O'© to ©
C
t
> <1-0 <
-3-3 > -3-1
a
V><3 Z
0
©0 ® ©© ® d-© ®
AOiM” <J©M^ © MM“ OC M“ ©fD 2 fe
a
©
1
ap
;
1 8®:
1 4 w;
l
1or:
i & s°‘.
05
.kCO
10
©
<KJO<l <1<]©<J -3-10-3 <3-30-3 <3-30-3 , .0-3
© ^©
O
©
O'-3° © a ©c- © O’OF-*05 1g ° ®
O’© M ©O to occ © M<3
CO© M *3*3°*^
>
>
> -1-3 > -3-3 ^
CO
<KJ
-3-3 !d -0-3 % -3-3 <
<
Cl Cl ® ©© ® d>© C ©© a
®
OGA1 M-bOO" ©to©H -3-J©^ ©-lOS^ -3-3W
w
. © l aio;
1 ar:
1ap : $
14 M
®:
1 ar:
1««:
to
to
©
«
-3-3 0-3 -3-30-3 , -30-3 , ©0 - 1 *
<3<l©-0
©
©
© <Ki -*<1 11*?2*?
» -’05 1c ° ©
©°<i d-3°*3 © —
3
M
mC
D M -0 © © © M ©M ©
> -0-3 > -3-3
-3-3 < -3-3 4
< -G<1 %
® 05Cl 0
C ©© ? - -0-0 ® -305 <
©CD ®
©
M
M
tooto^ M©W’’ O,05M"5 M© to"1
MCO^
-1° ©
1 aP: •r s
i
1 a.
1a ©
":
1 4P:
I a®:
©
©
aS
© H© ■01*0 ©<1 -3-3CO -0-30-0 -3-30-3 -3-3CO -3© O©
0
©
coa = -1 ©CO® ob -3© ° -3 -3CD= -5 Ci © to c66°o
O'© 0
occ © toot O’ COM © ©O M -3W
5
to
>J 4 4
>
> -3-3
N
<1^3 >
0-0
1
*3
-3
£
G
O© ^
<
<
<
1
®
®
-3-3
CO 0O
0’ C
CO’“
-3*3 ®
-4
M
MtO—
3 O©
©OC0“®
© O'05** CC©©^ -3
MO-3"1
Oc
. CO 1 a j”: 1 4 “ : 1
! »«*:
1 a.DJ 1 ap.
bo
'0
-G
g-to
© ®o <3-*3©<J , ©©-3 -3*30-3 -3-30-3 -NOG ©©O©
►
O
© COCOdgc 1 6® o CDCO° CD -3© =•4 -3© -’© om ° 6
4;
05 to to O M M O-© © to© M mCO 05
b
0
> <3-3 ► 00© ^
> CD-0 %
-3-3
•4-4 <
,<3 0 0 ® •s
M to obo» ( C00 ® ©-3 ® CD-3 ® -3-3
toto
M© ** MtO
M©
©M
<«
© © © 1 a.®:
1» « :
1
1
1a-o,: 1 a rM: 3 to
V M© <3^30^3
©
-3
©
©
© © © -4
*3*30*3 -3-30-3 <1-4S<1 ©©O© ©■ to
©
<3© ©
©© =>to 6© °cD OC©° CD CD©=>M
6 *t
MO’ © 10W Cl tOM <3 05M w W-4 to toM ©
>
>
►
<K1 5 ©-0 % -3-3
<3-3
©©
!
-3-1 <
>' © © ® CO© ® ©-3 ® -3-3 ® 0 0 ® 0
<o
©00
MCD
to© *■* WOM^ tOM
WM
UD
C5© *
H
0
l ar:
1 ay :
1ap :
1 4P:
1
14 « :
to
©
©
©
M ©©-3
oCO Ew
©©©-0 -3-3C-3
©
-3-30-3 -3-30-3
0 ©
© CO©=>6 6 6 ° © ©CO° © ©QC
©
Vico°© ©M° 5
to
tO<3 to 05© O' MW © W© © MtO M -3© ©
►
>
►
<1^3 < ©-0
-3-3 % -3-3
-3-3 <1 ©© < fe
® -3-3 ®
0
C© ® O© !8 CC© ® CD-3 &
to Ow C
OO
O
©©
-3©
©© ®
-3© ** -3©
© . © ow
to
1 a®
1 a®,
1 ap:
I
ap
1
a
!
6*°:
5
?
O
bO g v <3CCa©*4J
5
to
©©©© -3-30-3 -3-30-3 <3-30-3 , ©O©
©
o
© ©© °tn 6 6 ° D OOCo°© CO©
-3©°on 1 ^ 0
O
©^ CD ©© Z> ©-3 M- © 0 -3 ©W ■3 ©
to
>
>
►
►
a<3
©-0
-0-3 % -3-3
<3-3 ► ©© > b
® M© 1 C
to
©
T© ® V*V* 5 § a
6©
'1 C
toOC
CM® Mf- -1®
to
MOO
w©
tO
b
O
M
“
M
M
to ®w 1 a#-:
1 ©to
1
1 ap .
1 0 »:
19p:
8
CO
©
0
O
©
© Q© 0000© CD ©© 0 © -3©C -0 -3-3 0-3 -3-30-3 ©© 0 ©
g
to
M
—
^
©6°co
©©
®co
Z
>
©©
•
—
to0
©©
O’M w MCl O w— -3 to© O W© 0 tow ©
>
►
>
►
► CD©
00© <
-3 ©
-3-3
-3 -3
©©
M© ® to© ® cbo ® CO© ®
®
5
o© ^ ©M ** -305
-3CO
COM
co^ MW
5?
1 a?:
1
■®r*:
i
1 op:
1 ©r"
M g g CDCOO
to
to
©
-3
©
©GO ©© 0 © ©© 0 © -3© 0-3 <3© 0 —3 ©©O© ft
©
MM
toto®
°©05 © 0 °© tobO0 to
o ° 6© cco
coot to M© to 6
O©
©0
COO © 0 © ©
>
>
>
►
►
►
jj
^1
1 1 < 1 1 < | | <1 1 1 < 1 1
, 1
>-1
14
1 4: : \ 4: : 1 4
14
s
1*i
ft
• i ;
11
1 1i
1 1: | 11 i 1 1
1l :

CD
t

® S5?
6RfD
S n®
00 o t f
•d ? £
*M
®
®®
®
©
to WPf

: \

Q^joca

>
>
>
► 1| ►
►
1 1 <1 1
<
<
i ®
<
11
»1
1 'J
)1 1
14
1 4: : 1 4
14
1 4:
14 :
tb
C
11
I 1i
1 1i | 11 i 1 1
1 1:

' l a o u i d e s s.U es iu S op teu iU B r, 1 8 9 2 , t o r S e p t e m b e r , 1 , 7 1?0 ; S e p t e m b e r - 3 c t o b e r , f o r O c t o b e r , 4 2 0 .5 ID; S e p fc e m b o r -N o v e m b e r , f o r N o v e m 
b e r , 8 ' 9 . 9 > ; S e p t e m b e r - D e c o m b e r , f o r D e c e m b e r . 1 .9 .1 1 .5 9 0 ; S e n t e m b e r - J a n u a r y , f o r J a n u a r y , 8 7 5 4 .1 0 " ; S e p t e m b e r - F e b r u a r y , f o r F e b r u 
a r y , 3 ,0 1 4 ,6 9 ,.; S e p t e m b e r - M a r o b , f o r M a r c h , 9 ,7 1 8 ,4 u .

The folio wins exchanges have been made during the week:
*06
•09
■14
•05
•02
•22
•15

pd.
pd.
pd.
pd.
pd.
pd.
pd.

t o e x c l i. 1 ,2 0 0 J u l y f o r A u g .
t o e x c h . 1 0 0 J u l y f o r O e t.
to e x o b . 100 J u n e fo r A u g.
t o e x o b . 1 ,0 0 0 D e c f o r Jati.
t o e x c b . 2 >0 A 'l g . f o r S e p t
t o e x c b . 1 ,3 0 0 M a y f o r A u g .
t o e x c b . 1 0 0 M l y f o r J u ly .

•— p d . t o e x c b . 4 0 0 M a y f o r J u n e .
•— p d . t o e x c b . 2 0 0 O c t . f o r J a u .
•08 p d . t o e x c b . 1 ,4 0 0 M a y f o r J u n e .
•17 p d . t o e x c b . 100 A u g f o r D e o .
•— p d . to e x o b . 4 0 0 M a y f o r J u l y .
■07 p d . t o e x c b . 1 0 0 J u n e f o r J u l y .

to-night, as made u p by cable
and telegraph is as follows. The Continental stocks, as well ae
those for Great Britain and the afloat are this week’s returns,
and consequently all the European figures are brought down
to ThursdajVfevening. But to make the totals the complete
figures for to-night (April 21), we add the item of exports from
the United States, including in it the exports of Friday only.
T h e V is iB L R s u p p l y o f C o t t o n

[VOL LTI,

1893.
1892.
1891.
1890.
Stock at Liverpool....... bales. 1,575,000 1,705,000 1,180,0001,111,000
Stock at London....................
5,000
18,000
17,000
12,000
Total Great Britain stock. 1,580,000 1,723,000 1,197,000 1,123,000
Stook at Hamburg.................
14,000
3.500
4,000
4,200
Stook at Bremen................... 179,000 159,000 163,000 124,000
Stook at Amsterdam.............
18,000
27,000
19,000
7,000
Stock at Rotterdam..............
300
200
400
300
Stook at Antwerp..................
11,000
6,000
8,000
5,000
Stock at Havre...................... 414,000 412,000 232,000 192,000
Stook at Marseilles................
8,000
12,000
7,000
4,000
Stook at Barcelona...............
99,000
92,000 125,000 94,000
Stook at Genoa......................
13,000
20,000 11,000
5,000
Stook at Trieste....................
17,000
19,000 18,000
3,000
total Continental stooks...... 773,300 750,700 587,400 438,500
Total European stooks.. .. 2,353,300 2,473,700 1,784,400 1,561,500
Indlacotton
afloatfor ~
Europe. 145,000 208,000 240,000 328,000
“
Amer. oott’nafloatfor Europe. 248,000 330,000 318,000 182,000
Egypt,Brazil,*c.,afltforE’r’pe 44,000 35,000 36,000
19,000
Stock In United States portB.. 702,832 870,859 535,023 269,918
Stook in U. 8. Interior towns.. 307.836 320,683 247.381
83,884
United States exports to-day.
7,165
10,962
14,634
13,712
Total visible supply........ 3,808,183 4,249,204 3,175,438 2,458,014
Oltbeabove, thetotalsof Amerioan and other descriptions areas follows;
Am erican—
Liverpool stook.......... bales. 1,346,000 1,472,000 931.000 840.000
Oontlnentalstooks................. 677,000 621,000 4H4.000 344.000
American afloat for Europe... 248,000 330,000 318.000 182.000
United States stook............... 702,88 2 870.859 535,023 269,918
United Stateslnterlorstooks.. 307.836 320.683 247,381
83,884
United States exports to-day.
7,165
10,962
14,634
13,712
Total Amsrloan............. 3,288,883 3,625,504 2,510,038 1,733,514
E a s t I n d i a n , B r a s i l , ,£c.—
Liverpool stook....... ..........
229.000 233.000 249,000 271.000
London stook.....................
5,000
18.000 17,000
1 2 ,0 0 0
Oontlnentalstooks.............
96.300 129,700 123,400
94,500
India afloat for Europe.......
145.000 208.000 240,000 328.000
Egypt, Brazil, <feo., afloat....
44,000
35.000 36,000
19,000
Total East India, &o......... 519,300 623,700 665,400 724,500
Total American............... 3,288,883 3,625,504 2,510,038 1,733,514
Total visible supply.... 3,808,183 4,249.204 3,175,438 2,458,014
Price Mid. Upl.,Liverpool____
4'!«d.
3Ad.
4^d. 6L6d.
Price Mid. Upl., New York________
7’'so.
7380.
87so.l l 78e.
t3P~ The imports into Continental ports the past week have
been 64,000 bales.
The above figures indicate a d e cre a se in the cotton in sight
to-night of 441,021 bales as compared with the same date
of 1892, an in c re a s e of 633,745 bales as compared with the
#orresponding date of 1891 and an in c r e a s e o f 1,350,169 bales
ts compared with 1890.
AT the I nterior T owns the movement—that is the receipt
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
oorresponding period of 1891-92—is set out in detail in the
following statement.
( « '! z i a ® t t B £ i t r b 'P t 0 S 8 g ® g t 8 t » > [ S p < w m & ! Z g

“

“

“

—

"

85ft ®

£O

ppo cC
tt

B»

. —a. 85So

.

H3
O
3
as

S
"tr S go -§ Bcrct

pP rs® ®togQg?
®- "-® 8» ®Q
H£ ®® . O rB ?
®
.'• .95.
a a 83“H£3P P
B

it-

M
C
O C
O MM O
'.-3M
*
M©MM
M HHHU
©©©►-©©©>-3C
. tOtO-GOC
CM, HCO'ClCGCHU'HCEH
COCOCHH®tCt0b5y|f»K©H<l- ©©W©C©tO»* CWCvltO

&
w © ir © © M © » ~ » M © t G © © © © © t io © M M < io w © © © © © c o .-‘

C.CCltWO-Xffi^tOMii-----J0ir--3 0'OCC0:©MMCtC©©'-CD©©

c c o w a ^ a H ^ tv H K H O O o a M a a fo o ^ o o a ^ o o a w M W ®
C
O

loot

to© to m cu lt-a x H H M Vcotoco
-it -C O H -O fflOGOW^
© f-© O M to w o w to to © a tc © © o

HM
C
C M tOM
© tOOIHH ©05C
C
MtO
*©
C
n
M© Mr-: © toH
- MO
' —C MtO
Wt0©©O©WW©O©r-©

o o a f fi H o iw w ^ i
0
505 © © b
O
b
O
tOtO©
H ©C
C© MC
D
1
0
©© >
-*WO
’ -3©-3©' ©M05©MW©MM©K M©MWM©©m W
C
C
©WOMMtO-3-3©: ©Ob0t0©MO© ©0©MC©MO©©MtOD
o - i © <i a a oo © co ■ © o © c c © - 3 M © c t o © M © © - i © c o c £ © © < 3
;
H to -'
© M©*,

c m

©'

**■

0500

to

"
c
C C
O
b
oMC
O COM
tOtO©
HHM
tOtO© M-3MM©
© ^ © O ^ O m -IMO: ©-l©M©©CO-3©W©-JW©CMtO

M © - 3 © © © © W M < 3 © < 3 © © t o w -3 t o o 'M O © © © © t O ’-

©
b
O
05
—
-3 M
M
mMWMM-3©-3MWtCMO:©M©tOWWW<l©W-3MCC©©©-J©
^C^©^ 05j^© b
O
b
O
~
C
O
p5CC©^Jj^y e-<J—
MtOCC©©--

'© *coO'Vice cbcc oo o'**-* oiV-

©w
b
O

m c; to 05 05e 1 c ©Vi'toV1 to ec~©m w ^i'Jo

H-©OltCCOGD©©“-10500M©©OOC>'rc05COCACO©. © ©►-(Xcjitv-iCO©
© co © o irf-© © (fk M b o o o — © © - 3 © © - 3 © M t O M « M © o © r - M t o c c

g *
Cl iy

*?s-S
s.
1

•T.S

Cl

M b
o
05 tO
M
©
to
_
M
MC
O
tO© -3© MMto V) tO’olo © MC
C
MO
’"©m o
>e
cMb
C© © M
©C
C
©
C
D—© .£
-—
C
C
—
©M©©©©CCM-}.-M©tOCOC©©K,M
©©©©©MtC©vC©tO©-3h-©©M-3tO--tW©-3©M©©©tv©bO

t^05M iP-OW^bO
to w O’ '1 COtc M ©. © ■
© ^ iM toboacoo© .©
© C5 © 00 © O '© ©

St-C-2

-G© hOCO—'O © —* C O H O I^ O O G
to
—
— tOMtOO’ 00
©COM(D©OC-MMCDOObOC5bObOCO*^bO — *->00©
Ot«»t-CO©©©|M<100©OCQO|t*-MCCOl©©CD©

• Louisville flg u r e s “ n e t ” In both years.
I This year’s flgures estimated.
The above totals show that the interior stooks have d e cre a se d
during the week 25,551 bales, and are to-nigbt 12,847 bales
less than at the same period last year. The re elpts at all the
towns have been 6,333 bales less than the same week last
year, and since Sept. 1 they are 1,164,622 bales less than for the
ame time in 1891-92,

A pr il

fH E

22 , 1 8 9 3 .]

CHRONICLE.

679

.

Quotations for Middling Gotton at Othkr Markets. W eather Reports by Telegraph .—Telegraphic reports tq
Below we give closing quotations of middling cotton at South • us this evening from the South are on the whole of a favor
ernand other principal cotton marketsfor each dayo tt e we<k
able character, needed rains having fallen in many sections.
OPOSINO QUOTATIONS FOB MIDDLING OOTTON ONPlanting is progressing finely, and in a few districts has prac
W e ek e n d i n g
A p ril 21.
Fr\
tically been completed. Some correspondents report that
T h u r s.
L u es.
S a tu r .
W ed n es.
J fo n .
cotton is coming up very well, but at the close of the week
7
ia
7
8
i
G a lv e s t o n . . .
7
8
)
7
\
7
11
,6
7 l? ie
7^
N e w O r le a n s
711,8
7=8
there are occasional complaints of too low temperature at
7 » ,6
7 0 ,8
7 9ie
7 7 ,6
M o b i le ............
7 918
7 >
7 5 ,8
7b«
night.
7^3
7*8
S a v a n n a h ...
78)
78)
7 i» ie
7=8
7%
G a lv e sto n , T e x a s . —It has rained hard on three days of the
71a
78)
W i lm i n g t o n .
713
78)
7 ia
7*6
week, the precipitation reaching four inches and sixty-nine
770
N o r f o l k ........ .
711,6
7 ]i, a
8
711 ,8
7 1 'l 6
hundredths of an inch. The thermometer has averaged 66,
715,6
B o s t o n ..........
715,8
8 >4
715 ,6
8%
7 1 5 ,8
8
8
8
B a l t i m o r e . ..
8
8*9
ranging from 53 to 79
8 >4
88)
8^8
8 ia
8 ia
88)
P h ila d e lp h ia
81*16
P a le stin e , T e x a s . —There has been one shower during the
A u g u s ta .. .
7*8
7*9
7%
7*9
7*8
7*9
week, very beneficial, but more rain is needed. The rainfall
7\
M e m p h i s ___
8
713,8
7=8
75 q
71118
T
\
7
\
7
8
8 t. L o u i s ___
779
8
715,8
reached thirty-four hundredths of an inch. The thermom
7 18l e
7H
7*8
H o u s t o n ___
78)
713
eter has ranged from 42 to 80, averaging 61.
8
8
8
C i n c i n n a t i ..
8
8 ia
8 'A
H u n ts v ille , T e x a s . —Crops look promising. W e had one
8
8H
8
L o u i s v i l l e . ..
814
88)
8*3
fine shower during the week to the extent of forty-seven
The closing quotations to-day (Friday) at other importan t hundredths of an inch. Average thermometer 63, highest 83,
Southern markets were as follows:
lowest 44.
7 % Newberry...... ............
A tla n ta . . . . . . . .
7 ° kj L i t t l e R o c k . . . .
D a lla s, T e x a s . —Most sections of the State have bad good
7,%
C o lu m b u s , G a .
7 --a
M on tg om ery . .
7 b i Raleigh..........
Selma...........
71a rains, doing immense good. Corn is up everywhere and is
N a s h v ille
7 ss
C o l u m b u s ,M is s
6%
7hs doing finely. In the southern half of Texas planting is about
N a t e h e z ..................
7*a Shreveport....
B u t a u la ............. .
7>a
Receipts F rom the Plantations.—The following table finished and cotton is coming up well. In the northern half
Indicates the actual movement each week from the plantations of the State.seeding is now progressing satisfactorily and will
The figures do not include overland receipts nor Southern doubtless be completed in a week. The prospects are all
Consumption; they are simply a statement of the weekly favorable at the moment, but rain will again be needed with
movement from the plantations of that part of the crop whicl in ten days, and indeed many sections are needing it now.
The dry Southwest has had magnificent rains. Here there
finally reaches the market through the outports.
has been one welcome shower, with a precipitation of twentyR e c e i p t s a t t h e P o r t s . S V k a t I n t e r i o r T o w n s . R e c ' p t s f r o m P la n V n s .
five hundredths of an inch. The thermometer has averaged
W eek
E n d in g —
64, the highest being 88 and the lowest 40.
1891. 1892. 1893. 1891. 1892. 1893. 1891. 1892. 1893.
S a n A n t o n i o , T e x a s . —Prospects are elegant.
Rain has
Mch. 17...... 92,675 92,186 47.931 347,014 453,893 409,462 66,461 66,636 88,355 fallen splendidly on three days during the week, the precipi
“ 24...... 100,803 65,188 52,111 319,369 426,662 394,411 73,158 37,957 87,060 tation reaching one inch and eleven hundredths. The ther
“ 31...... 94,109 68,599 62,559 298,375 390,444 380,434 73,116 32,351 48,582
mometer has averaged 64, ranging from 46 to 82.
Apr. 7...... 73,413 63,958 51,569 275,876 367,991 355,257 50,914 41,505 26,392
L u l in a , T e x a s . —Corn is flourishing and cotton is coming up
“ 14...... 71,313 62,416 53,243 259,773 347,989 333,387 55,220 42,414 31,373
" 2L...... 64,7?3 43,207 42,895 247,381 320,683 307,836 52,341 15,901 17,314 well. W e have had bard rain on two days duiing the week,
to the extent of two inches and nine hundredths, just as
The above statement shows: 1.—That the total receipts from needed. The thermometer has ranged from 46 to 84, averag
the plantations since Sept. 1, in 1892-93, are 4,893,476 bales; in ing 65.
1891-92 were 6,955,383 bales; in 1890-91 were 6,741,586 bales.
C o lu m b ia , T e x a s . —Rains have been of great advantage to
2.—That, although the receipts at the outports the past week crops of both corn and cotton, which are well advanced and
were 42,895 bales, the actual movement from plantations wa. growing finely. Fruition is a long way off but there never
only 17,314 bales, the balance being taken from the stocks at has been a better prospect than at this moment. It has rained
the interior towns. Last year the receipts from the plantatior s magnificently on three days of the week, the rainfall reaching
for the week were 15,901 bales and for 1891 they were two inches and seventy-five hundredths. Average thermom
52,341 bales.
eter 64, highest 84 and lowest 45.
overland Movement for the W eek and since Sept . 1 —
C u e ro , T e x a s . —Crops are very promising. There have been
We give below a statement showing the overland movemen' fine rains on three days during the week to the extent of sixty
for the week and since September 1. As the returns reach m hundredths o f an inch, very welcome, but not quite enough.
by telegraph late Friday night it is impossible to enter si The thermometer has averaged 68, the highest being 88 and
largely into detail as in our regular monthly report, but all the lowest 47.
the principal matters of interest are given. This weekly
B r e n h a m , T e x a s . —Crops of all sorts are now very promis
publication is of course supplementary to the more extended ing. It has rained magnificently on two days of the week,
monthly statements. The results for the week ending April 21 the precipitation reachingone inch and five hundredths. The
and since Sept. 1 in the last two years are as follows:
thermometer has averaged 65, ranging from 45 to 85.
B e lto n , T e x a s . —Cotton-planting is progressing well. The
1 8 9 1 -9 2 .
1 8 9 2 -9 3 .
week’s rainfall has been seventy-two hundredths of an inch
A p r il 21.
S in c e
S in c e
on one day. The thermometer has ranged from 34 to 80,
W eek .
W e ek .
S ep t. 1.
S ept. 1
averaging 57.
F o r t W o rth , T e x a s . —We have had rain on one day of the
S h ip p e d —
5 9 4 ,5 7 5
V ia 8 t . L o u i s ........................................ 1 5 ,3 6 2
3 9 7 ,1 0 9 1 3 ,2 9 1
week, the rainfall reaching twenty-five hundredthsof an inch.
3
3
2
,1
1
3
V i a C a ir o ...............................................
1 ,9 7 5
1 8 0 ,2 9 3
3 ,5 7 2
Average thermometer 64, highest 85 and lowest 41.
1 5 8 ,9 3 5
V i a H a n n i b a l .......................................
105
1 3 7 ,4 6 5
557
W e a th e rfo rd , T e x a s . —There has been rain on one day dur
3 6 ,4 3 5
V i a E v a n s v i l l e ....................................
40
1 3 ,9 8 5
ing the week, to the extent of eighteen hundredths of an inch.
975
1 8 6 ,5 0 3
V ia L o u is v i ll e ......................................
1 ,6 2 5
1 0 6 ,4 9 8
1 ,8 0 2
1 3 7 ,9 2 3
V i a C i n c i n n a t i ....................................
8 3 ,2 3 9
4 ,5 4 6
The thermometer has averaged 63, the highest being 84 and
1 ,7 6 2
V i a o i h e r r o u t e s , & o .......................
1 4 7 ,3 0 8
1 4 4 ,9 9 3
1 ,5 8 7
the lowest 42.
N ew O rle a n s, L o u is i a n a .—It has rained on two days of the
T o t a l g r o s s o v e r l a n d ................... 2 1 ,9 8 1 1 ,0 6 3 ,5 8 2 2 5 ,2 1 8 1 ,5 9 3 ,7 9 2
D e d u c t s h ip m e n ts —
week, the precipitation reaching one inch and sixty hun
5 ,6 0 9
3 4 6 ,6 8 6
O v e rla n d t o N , Y ., B o s t o n , & o ..
5 ,8 3 6
2 3 8 ,5 4 5
dredths. The th< rmometc-r has averaged 66.
5 9 ,6 6 5
B e t w e e n i n t e r i o r t o w n s ...............
2 1 ,7 5 1
81
798
S h re v e p o rt, L o u is i a n a . —Moisture has done much good to
8 1 ,8 2 1
I n l a n d , & o ., f r o m S o u t h ...............
988
5 6 ,5 0 8
1 ,6 8 7
crops. It has rained on two days of the week, ihe precipita
4 8 3 ,1 7 2
T o t a l t o b e d e d u c t e d ...................
6 /9 0 5
3 1 6 ,8 0 4
8 ,0 9 4
tion reaching two inches and four hundredths. The ther
L e a v in g t o t a l n e t o v e r la n d * ..
1 5 ,0 7 6
7 4 9 ,7 7 8 1 7 ,1 2 4 1 ,1 0 5 ,6 2 0 mometer has ranged from 46 to 76, averaging 60.
C o lu m b u s, M is s i s s ip p i. —Early-planted cotton is dying out
* In o lu d in g m o v e m e n t b y r a il to C a n ada.
The foregoing shows that the week’s net overland movement on account of cold weather. The stand will be poor. Rain
fallen on two days of the week, to the extent of ninetythis year has been 15,076 bales, against 17,124 bales for the has
week in 1892, and that for the season to date the aggregate net five hundredths of an inch. Average thermometer 60, highest
lowest 37.
overland exhibits a decrease from a year ago of 358,842 bales. 78 /and
e la n d , M is s i s s ip p i. —First-planted cotton is dying to some
extent,
the result in part of cold nights and hard rains. W e
1 8 9 2 -9 3 .
1 8 9 1 -9 2 .
have had rain on three days during the week, the precipita
I n S ig h t a n d S p i n n e r s ’
T a k in g s.
S in c e
S in c e
tion reaching two inches and seventy hundredths. The ther
W eek .
W eek .
S e p t. 1.
S ep t. 1
mometer has averaged 59, the highest being 82 and the low
est 52.
B e c e l p t e a t p o r t s to A p r i l 2 1 ........ 4 2 ,8 9 5 4 ,7 1 4 ,2 7 4 4 3 ,2 0 7 6 ,6 9 0 ,6 3 4
N e t o v e r l a n d to A p r i l 2 1 ..................
1 5 ,0 7 6
1 7 ,1 2 4 1 ,1 0 5 ,6 2 0
7 4 6 .7 7 8
M e r id ia n , M is s i s s ip p i. —Telegram not received.
S o u t h e r n c o n s u m p t i o n t o A p r . 21 1 0 ,0 0 0
5 1 6 ,0 0 0 1 0 ,0 0 0
4 8 3 ,0 0 0
L it tle R o c k , A r k a n s a s .— It has been very windy and rather
too cool during the week for farm interests. Rain fell on Fri
T o t a l m a r k e t e d .............................
6 7 ,9 7 1 5 ,9 7 7 ,0 5 2 7 0 ,3 3 1 8 , 2 7 9 ,2 5 4
I n t e r i o r s t o c k s in e x c e s s ................ . * 2 5 ,5 5 1
1 7 9 ,2 0 2 * 2 7 ,3 0 6
2 6 4 ,7 5 4
day and Wednesday, the rainfall reaching one inch and ninety
hundredths of an inch. The thermometer has averaged 55-1,
C a m e i n t o s i g h t d u r i n g w e e k . 4 2 ,4 2 0
4 3 ,0 2 5
ranging from 35-8 to 72-3. Last week we had beneficial rains.
T o t a l in s i g h t A p r i l 2 1 ..............
6 ,1 5 6 ,2 5 4
8 ,5 4 4 ,0 0 8
H e le n a , A r k a n s a s .— Heavy rains last week did some damage
N o r t h ’ n s p i n n e r s t a k ’ g s t o A.pr.21
. . . . . . 1 ,5 0 6 ,1 2 1
1 ,9 0 6 ,0 0 6
to crops. Weather rather cool part of the week. It has
* D e crea se d u rin g w eek.
rained on three days, the rainfall reaching one inch and four
It will be seen by the above that there has come into sight hundredths. The thermometer has ranged from 38 to 69, av
during the week 42,420 bales, against 43,025 bales for the eraging 56.
M e m p h is, Ten n e sse e. —The weather is now clear hut too
same week of 1892, and that the decrease in amount in sight
cool for young cotton. It has rained on three days during the
to-night as compared with last year is 2,387,754 bales.

THE CHRONICLE.

680

week to the extent of one inch and sixty-eight hundredths.
Average thermometer 56*5, highest 56 8 and lowest 38*4.
N a s h v ille , Ten n e sse e. —Telegram not received.
M o b ile , A la b a m a . —There have been fine rains throughout
the interior, very beneficial to cotton. Planting is about
completed except in some lowlands. Cotton where up is
doing well. It has rained here on four days of the week, the
precipitation reaching three inches and forty-six hundredths.
M o n tg o m e ry , A la b a m a . —Rain on three days of the week
has been immensely beneficial, and cotton that is up is doing
exceedingly well. Present prospects are excellent. The rain
fall reached two inches and fifty-seven hundredths. The
thermometer has ranged from 53 to 74, averaging 64.
S e lm a , A la b a m a . —W e had a heavy wind and rain storm on
Thursday night. Average thermometer 62, highest 81 and
lowest 43.
A u b u r n , A la b a m a . —Upland corn is looking well and cotton
is coming up. W e have had rain during the past week, to
the extent of four inches and sixty-three hundredths. The
thermometer has averaged 62*6, the highest being 79*5 and
the lowest 44.
M a d is o n , F l o r i d a . —Planting is about over and seed is com
ing up well. It has rained on two days of the week, the pre
cipitation reaching two inches and eighty hundredths. The
thermometer has averaged 69, ranging from 45 to 8 8 .
C o lu m b u s, G e o r g ia . —We have had rain on one day of the
week, to the extent of one inch and forty-eight hundredths.
The thermometer ha3 ranged from 54 to 75, averaging 65.
S a v a n n a h , G e o r g ia . —It has rained on five days of the week,
the precipitation reaching one inch and thirty-six hundredths.
Average thermometer 6 8 , highest 84 and lowest 53.
A u g u s t a , G e o r g ia . —Planting is about completed and earlysown cotton is up. But prevailing high winds have had a bad
effect. We have had light rain on two days during the week,
the rainfall reaching sixty hundredths of an inch. The ther
mometer has averaged 65, the highest being 78 and the low 
est 42.
C h a rle s to n , S o u t h C a r o l in a .— There has been rain on five
days during the week, the rainfall being one inch and four
hundredths.
The thermometer has averaged 6 6 , ranging
from 50 to 81.
S t a te b u r g , S o u t h C a r o l in a . —Light frost on low grounds
Monday and Tuesday nights. Rain has fallen on one day of
the week to th'e extent of tw o hundredths of an inch, and
there has been a trace of moisture on two other days. The
thermometer has ranged from 44*8 to 80'5, averaging 63*5.
f ^ W ils o n , N o r th C a r o l in a . —The weather has been splendid
for planting. Rain has fallen on three days of the week to
the extent of forty-seven hundredths of an inch. Average
thermometer 63, highest 76, lowest 44.
The following statement we have also received by telegraph
showing the height of the rivers at the points named at 3
o’clock April 20, 1893, and April 21, 1892.

S t e w O r l e a n s ........................ A b o v e l o w - w a t e r m a r k .
M e m p h i s ................................... A b o v e l o w - w a t e r m a r k .
N a s h v i l l e ................................A b o v e l o w - w a t e r m a r k .
S h r e v e p o r t .............................A b o v e l o w - w a t e r m a r k .
V i c k s b u r g ................................A b o v e 1 o w - w a t e r m a r k .

Apr. 2 0 , ’ 9 3 . Apr. 2 1 , ’ 9 2
Feet.
Feet.
1 0 -0
2 0 -9
1 8 -4
1 2 -8
3 3 -5

1 4 -9
3 4 -8
2 3 -4
2 0 -5
4 4 -6

[V

Alexandria, Egypt,
April 1 9 .

ol

. L V I.

1 8 9 2 -9 3.

1 8 9 1 -9 2.

1 8 9 0 -9 1.

5 ,0 0 0
5 ,0 7 6 ,0 0 0

1 3 ,0 0 0
4 ,5 8 8 ,0 0 0

1 6 ,0 0 0
3 ,9 7 1 ,0 0 0

This
Since
week. Sept. 1 .

This
Since
week. Sept. 1 .

This
Since
week. Sept. 1 .

4 .0 0 0 2 6 2 ,0 0 0
8 .0 0 0 2 5 9 ,0 0 0

5 ,0 0 0 3 0 3 .0 0 0
1 3 ,0 0 0 2 0 7 .0 0 0

2 ,0 0 0 2 6 7 .0 0 0
8 ,0 0 0 1 9 1 .0 0 0

T o t a l . E u r o p e ................ 1 2 ,0 0 0 5 2 1 , 0 0 0

1 8 ,0 0 0 5 1 0 ,0 0 0

1 0 ,0 0 0 4 5 8 .0 0 0

S e o e l p t e ( o a n t a r s * ) _____
T h i s w e e k _____
S in c e S e p t . 1 .

E x p o r t s (b a le s )—
T o L i v e r p o o l .....................
T o C o n t i n e n t .....................

■A c a n t a r I s 9 8 p o u n d s .

Sfa n c h e s t e r M a r k e t . —Our report received by cable to-night
from Manchester states that the market is steady for both
yarns and shirtings. Manufacturers are generally well under
contract. We give the prices for to-day below and leave
those for previous weeks of this and last year for comparison:
1893.

Cop.
Twist.

32*

d.
M h , l 7 8 Hi
•• 2 4 8 3 s
“ 31 83s
7 7%
4 7H>
1 73g

d.
®9
® 8 7s
® 8 7s
® 8%
® 8> 4
® 8q

1892.

CotVn
Mid.
TTplds

SH lbs.
Shirtings.
s. d .
s.
5 1 0 H s® 7
5 10 ks»7
5 10H >® 7
5 9H>® 7
5
8 H i® 7
5 8 9 7

d.
6
6
6
6
5
P j

d.
p is
5
4%
41$
4 71G

Cop.
Twist.

32#

d.
d.
5 15 jg ,a 7
5 i 5 lfc'® 7
5 78
6
6*8
6^4

,® 6 78
©7
© 7 1e
© 7*4

8 * 4 lbs.
Shirtings.
s. d.
s.
5 0^© 6
411 V® 6
4 11
©e
4 11
©6
4 llia @ 6
5 0
©6

d.
4^
4
3
3
4
4

CotVn
Mid.
TJpld
d.
39i6
3=8
3 9 i6
3%
3 %
3 7a

J u t e B u t t s , B a g g in g , E t c .— A
considerable inquiry for
bagging for future delivery has developed during the past
week, and some contracts have been made, prices being
regarded as very low. Quotations are 4%c. for 1 % lbs., 5J^c.
for 2 lbs. and b % c . for
lbs., f. o. b. New York. Round
lots can be bought for a fraction less. Jute butts are quiet but
fairly firm at l ^ c . for paper grades and l % c . for bagging
quality.
E u r o p ea n
C o tto n
C o n s u m p t io n
t o
A p r il
1.—W e have
received to-day by cable, Mr. Ellison’s cotton figures brough
down to April 1. The revised totals for last year have also
been received and we give them for comparison. Spinners
takings in a c t u a l bales and pounds have been as follows:

October 1 to April
F o r

Great Britain.

1.

Toted.

1 8 9 2 -9 3 .

T a k in g s h y s p in n e r s ...h a le s

1 ,4 5 2 ,0 0 0

1 ,9 9 5 ,0 0 0

3 ,4 4 7 ,0 0 0

A v e r a g e w e ig h t o f b a le s .l b s

492

474

4 8 1 *6

T a k i n g s i n p o u n d s ..............................

7 1 4 ,3 8 4 ,0 0 0

F o r

9 4 5 ,6 3 0 ,0 0 0 1 ,6 6 0 ,0 1 4 ,0 0 0

1 8 9 1 -9 2 .

T a k in g s h y s p in n e r s ., .h a le s

1 ,8 7 9 ,0 0 0

1 ,9 9 8 ,0 0 0

3 ,8 7 7 ,0 0 0

A v e r a g e w e ig h t o f b a le s .l b s .

493

474

4 8 3 *3

T a k i n g s I n p o u n d s ..............................

9 2 6 ,5 5 8 ,0 0 0

9 4 7 ,0 5 2 ,0 0 0 1 ,3 7 3 ,6 1 0 ,0 0 0

According to the above, the average weight of the deliveries
in Great Britain is 492 pounds per bale this season, against
498 pounds during the same time last season. The Continental
I n d ia 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
deliveries average 474 pounds against 474 pounds last year,
and .hipments of cotton at Bombay have been as follows for and for the whole of Europe the deliveries average 481*6
the week and year, bringing the figures down to April 20.
pounds per bale against 483*3 pounds last season. Our dispatch
B O M B A Y R E C E IP T S A N D SH IPM EN TS F O R F O U R Y E A R S .
also gives the full movement for this year and last year in
bales of 400 pounds.
Shipments this week.
Shipments since Sept. 1 .
Receipts.
Great
tea r Great Conti
BriVn. nent. Total. Britain
’ 9 2 -3
'9 1 - 2 4 .0 0 0
2 .0 0 0
’ 9 0 -1
’ 9 - 0 0 1 3 ,0 0 0

2 2 ,0 0 0
4 9 .0 0 0
4 6 .0 0 0
5 9 .0 0 0

2 2 ,0 0 0
2 6 ,0 0 0
5 3 .0 0 0
3 4 .0 0 0
4 8 .0 0 0
6 6 .0 0 0
7 2 .0 0 0 2 4 4 , 0 0 0

Oonnnent.
4 2 8 .0 0 0
3 8 2 .0 0 0
5 3 8 .0 0 0
7 0 5 .0 0 0

C a lc u t t a —
1 8 9 2 - 9 3 ...
1 8 9 1 - 9 2 . . . 1 ,0 0 0
M a d ra s—
18929 3 ...
1 8 9 1 - 9 2 ...
A H o th e rs —
18929 3 ...
18919 2 . . .’, 6 0 0

Conti
nent.

1 ,0 0 0
3 ,0 0 0

i

T o ta l a ll—
1 8 9 2 - 9 3 ...
1 8 9 1 - 9 2 ...

1 ,0 0 0
2 ,0 0 0

3 0 .0 0 0
2 9 .0 0 0

1 2 ,0 0 0
1 7 .0 0 0

6 ,0 0 0
1 2 .0 0 0

1 8 .0 0 0
2 9 .0 0 0

2 7 .0 0 0
4 7 .0 0 0

5 6 .0 0 0
8 2 .0 0 0

4 8 .0 0 0
7 2 .0 0 0

96 000
1 3 0 ,0 0 0

E X P O R T S T O E U R O P E F R O M A L L IN D I A .

Bhipmentt
to all Europe
from —

Bombay..........
A ll o th e r p o rts.

1 8 9 1 -9 2.

1 8 9 2 -9 3 .

This
week.

Since
Sept. 1 .

This
week.

This
week.

Since
Sept. 1 .

2 2 ,0 0 0
1 ,0 0 0

4 5 4 ,0 0 0
9 6 ,0 0 0

5 3 ,0 0 0
4 ,0 0 0

4 1 6 .0 0 0
1 3 0 .0 0 0

4 8 ,0 0 0
7 ,0 0 0

6 0 4 .0 0 0
1 4 6 .0 0 0

2 3 ,0 0 0

5 5 0 ,0 0 0

5 7 ,0 0 0

5 4 6 ,0 0 0

5 5 ,0 0 0

7 5 0 ,0 0 0

—Through arrange
ments we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
aorrespondSig week of the previous two years.
A

l e x a n d r ia

R

e c e ip t s

a n d

S

h ip m e n t s

.

18 9 1 -9 2

1 8 9 2 -9 3.

Great Conti
BritaUi nent.

Total.

Great Conti
Britain nent.

S p in n e r s ’ s t o c k O c t . 1 .

91,

275,

366,

148,

T a k i n g s t o A p r i l 1 -----

1 ,7 8 6 ,

2 ,3 6 1 ,

4 ,1 5 0 .

2 ,3 1 3 ,

S u p p l y .............................................

1 ,8 7 7 ,

2 ,6 3 9 ,

4 ,5 1 6 ,

O o n sn m p t’D 2 6 w e e k s .

1 ,6 2 8

2 ,2 8 8 ,

3 ,9 1 6

249,

351,

600.

326

Total,
474,

2 ,3 6 6 ,

4 ,7 1 9 ,

2 ,4 3 1 ,

2 ,6 3 2

5 ,1 5 3 ,

2 ,1 4 2 ,

2 ,2 8 8 .

4 .4 3 0 ,

319,

404

723,

Weekly Consumption,
0 0 # omitted.
I n O c t o b e r ...........................

8 2 ,0

8 8 ,0

1 7 0 ,0

8 2 ,0

8 8 ,0

1 7 0 ,0

I n N o v e m b e r ................. ..

6 6 ,0

8 8 ,0

1 5 4 ,0

8 2 ,0

8 3 ,0

1 7 0 ,0

I n D e c e m b e r ..................

6 0 ,0

8 8 ,0

1 4 8 ,0

8 2 ,0

8 8 ,0

1 7 0 ,0

I n J a n u a r y ........................

6 0 ,0

8 8 ,0

1 4 8 ,0

8 2 ,0

8 3 ,0

1 7 0 ,0

I n F e b r u a r y .....................

6 0 ,0

8 8 ,0

1 4 8 ,0

8 2 ,0

8 3 ,0

1 7 0 ,0

I n M a r c h ...............................

5 5 .0

8 8 ,0

1 4 3 ,0

8 4 ,0

8 8 ,0

1 7 2 ,0

s t r ik e .
1 8 9 0 -0 1.

Since
Sept. 1 .

Oct. 1 to April 1 .
Bales o f 4 0 0 lbs. each.
0 0 0 # omitted.

S p in n e r s ’ s t o c k A p r . 1
2 3 .0 0 0
2 3 .0 0 0

4 0 .0 0 0
4 8 .0 0 0

1 ,0 0 0
4 ,0 0 0

Total

7 .0 0 0
6 .0 0 0

2 1 .0 0 0
2 5 ,0 0 0

1 ,0 0 0

2 ,0 0 0

7 7 .0 0 0 1 ,0 2 1 ,0 0 0
9 0 .0 0 0
9 9 1 ,0 0 0
6 8 .0 0 0 1 .4 3 5 .0 0 0
9 6 ,0 0 0 1 .5 5 6 .0 0 0

Great
Britain. Continent.

Total.

1 ,0 0 0
2 ,0 0 0

4 5 4 .0 0 0
4 1 6 .0 0 0
6 0 4 .0 0 0
9 4 9 .0 0 0

Since
Sept. 1

Shipments since Sept, 1 .

Shipments for the week.
Great
Britain.

This
Week.

Total.

The foregoing shows that the weekly consumption in
Europe continues at 143,000 bales of 400 pounds each, against
172.000 bales of like weights at the corresponding time last year.
The total spinners’ stocks in Great Britain and oa the Continent
have increased 27,000 bales during the month, but are now
123.000 bales less than at the same date last year.
S h i p p i n g N e w s . — The exports of cotton from the United
States the past week, as per la te st m a il returns, have reached
83,449 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in
the C h r o n i c l e last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.

A

p r il

THE CHRONICLE.

2 2 , 1 8 9 8 .]

Total bales
N

Y o k e — T o L i v e r p o o l , p e r s t e a m e r s N a s m y t h , 1 . 8 1 2 ............
O y t o p i a , 2 , 0 0 0 . . . . R u n i c , 5 . 6 1 0 . --------- . . . — . . . . . . . ------- . . .
9 ,4 5 - .
T o L o n d o n , p e r s t e a m e r P e r s i a n M o n a r o b , 1 3 1 . . . ..............
...
131
T o N e w c a s t l e , p a r s t e a m e r A s s y r i a , 4 0 0 ........................ ...................................
400
T o H a v r e , p a r s t e a m e r s C o r r le n t e s , 2 ,1 0 0 — L a G a s c o g n e ,
8 1 4 .............................. ......................................................... ................... ................................................
2 ,4 3 1
T o B re m e n , p e r s te a m e rs L a lin , 3 0 0 ...S a a le , 3 2 2 .. . . . . . . . .
622
T o H a m b u r g , p e r s t e a m e r S o a n d i i . 1 , 1 8 5 . . . . . . . . . .......................
1 ,1 8 5
T o R o t t e r d a m , p e r s te a m e rs P o r t V ic t o r , 3 0 0 ...V e s n d a m ,
2 0 0 .......................................................................................................................................................................
500
T o A n t w e r p , p e r s t e a m e r s F r i e s l a n d , 1 ,9 5 2 . .. P e n n l a n d ,
1 , 5 0 0 ................................................
3 ,4 5 2
T o S t e t t in , p a r s t e a m e r B o h e m ia , 1 , 5 0 0 . . . . . . . . . . . . . . . . . . .
1 ,5 0 ')
T o B a r c e l o n a , p e r s t e a m e r N e u s t r l a , 1 9 7 ...................
...
197
T o G e n o a , D e r s t e a m e r B n t e l l a 2 , 9 1 1 . . . . ......................................... . . .
2 ,9 1 1
T o N a p le s , p e r s t e a m e r K r o n P r in z F r ie d r ic h W ilh e lm , 7 7 9 .
779
T o Y o k o h a m a , p e r s t e a m e r G l e n e s k , 5 0 ........................... ................... ...
50
E fB W O r l e a n s —T o L i v e r p o o l , p e r s t e a m e r s G r a o l a , 6 ,8 0 0 . . . 1 2 ,2 5 0
V e s t a , 5 , 4 5 0 .............................................................................................................................................
T o H a v r e , p e r s t e a m e r s C r o w n o f E n g la n d , 4 ,2 5 0 — M a r 
s e i l l e , 4 , 0 2 8 .........................
8 ,2 7 8
T o B r e m e n , p e r s t e a m e r s A k a b a , 8 , 5 0 0 — G e r o n a , 8 ,0 0 0 . . . 1 6 ,5 0 0
T o P r o g r e s o , p e r s t e a m e r E d m o n d s l e y , 2 6 8 . . --------- . . . . . . . .
268
B - A L V e s t o n — T o H a m b u r g , p e r s t e a m e r H a m p t o n , 1 ,1 4 5 . . . —
1 ,1 4 5
S A V A N N A H — T o S t . P e t e r s b u r g , p e r s t e a m e r M a r e o a , 4 , 2 0 0 ................
4 ,2 0 0
T o R e v a l , p e r s t e a m e r M a r e o a , 1 , 8 0 0 . . . ......................................... . . . .
1 ,8 0 0
T o B a r o e l o n a , p e r s t e a m e r P o n t i a c , 2 , 1 0 0 ........................................................
2 ,1 0 0
T o G e n o a , p e r s t e a m e r P o n t i a c . 2 , 1 0 0 . . . . ........................................................
2 ,1 0 0
C h a r l e s t o n — T o B a r c e l o n a , p e r b r i g E v a , 7 0 0 ...........................................
700
N o r f o l k — T o L i v e r p o o l , p e r s t e a m e r W i n c h e s t e r . 2 , 9 1 3 . ...................
2 ,9 3 3
T o H a m b u r g , p e r s t e a m e r M o o r i s h P r i n c e , 1 , 3 5 0 ...................................
1 ,3 5 0
B o s t o n — T o L iv e r p o o l, p e r s t e a m e r s C iln m b ia n , 3 ,4 6 8 . . . .
P a v o n i a , 1 , 7 8 9 ...................
5 ,2 5 7
T o Y a r m o u t h , p e r s te a m e rs B o s to n , 1 0 6 ...Y a r m o u t h . 3 0 0 .
406
B a l t i m o r e — T o R o t t e r d a m , p e r s t e a m e r s C a s s ia s , 2 0 0 — O h io ,
2 0 3 ..........................................................
403
P h i l a d e l p h i a — T o L iv e r p o o l, p e r s t e a m e r L o r d G o u g h , 1 4 3 . . .
141

Spot.

BI

Saturday Monday. Tuesday. Wednet. Thurtd’y. Friday,

ew

T o t a l .......................................................... ...............................................................................................................

8 3 ,4 4 9

The particulars of these shipments, arranged in our usual
form, are as follows:

M a rk e t, )
1 :4 5 P . M . (

9 ,4 5 2
N ew Y o rk .
N . O r l e a n s . 1 2 ,2 5 0
G a lv e s to n .
S a v a n n a h ..
O h a r le s t ’n .
2 ,9 3 3
N o r f o lk ....
B o s t o n _____
5 ,2 5 7
•___ _ . .
B a lt im o r e .
P b ila d e l’ a ,.
143
T o t a l....

531

2 ,4 3 4
1 ,8 0 7
8 , 2 7 8 1 6 ,5 0 0
1 ,1 4 5
_______

......

3 0 ,0 3 5

_____
1 ,3 5 0

......

5 ,4 5 2

6 ,0 0 0
________

403
...............

................

5 3 1 1 0 , 7 1 2 2 0 ,8 0 2 1 1 ,8 5 5

3 ,8 8 7
r _,___
________
4 200
700
___ T__
________

50
268
________

................

...............

2 3 ,6 1 6
3 7 ,2 9 6
1 ,1 4 5
1 0 ,2 0 0
700
4 ,2 8 3
5 ,6 6 3
403
143

724

8 3 ,4 1 9

8 ,7 8 7

_____
406

Below we add the clearances this week o f vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
O r l e a n s — T o L i v e r p o o l —A p r i l 1 5 —S t e a m e r M a x l o a n , 5 , 5 9 0 . . . ,
A p r i l 1 8 —S t e a m e r B e l l u o i a , 3 , 8 6 2 ______A p r i l 1 9 - S t e a m e r s P r o 
f e s s o r . 4 ,2 1 0 ; W m . C lif f e , 4 ,5 7 9 .
T o B a r o e l o n a - A p r i l 1 4 — S t e a m e r J , J o v e n B e r r a , 6 0 0 ____ A p r i l 2 0 S t e a m e r P u e r t o R ic o , 2 ,9 6 9 .
S a v a n n a h — T o O p o r to - A p r i l 1 9 - B a r k J o s e p h in e , 1 ,2 0 0 .
C h a r l e s t o n — T o B a r o e lo n a - A p r i l 1 7 — S t e a m e r O je a n P r in c e , 1 ,8 0 0 ,
T o G e n o a — A p r i l 1 7 - S t e a m e r O e e a n P r i n c e , 6 >0.
T o N a p le s - A p r i l 1 7 - S t e a m e r O c e a n P r in c e , 5 0 0 .
T o S a l e r n o - A p r i l 1 8 —B a r k Q l i r l n a l e , 1 , 3 5 0 .
B o s t o n — T o L i v e r p o o l — A o r i l 1 1 —S t e a m e r s P h U a l e l p ’ i i a n , 3 , 0 0 4 ; S a g a m o rh , 4 , 2 1 2 . . . . A D ril 1 4 - S te a m e r S e y t h la , 1 ,7 4 0 .. . . A p r i l 1 7 —
S t e a m e r A n g lo m a n , 1 ,3 3 9 .
B a l t i m o r e —T o H a v r e - A p r i l 1 5 — S t e a m e r K h i o , 4 5 4 .
T o B r e m e n - A o r ii 1 3 - S s e a m e r D a r m s t a d t , 3 ,0 9 1 .
P h i l a d e l p h i a — T o L iv e r p o o l— A p r i l 1 8 —3 t e a m e r O h io , 2 6 .
e w

Cotton freights the past week have been as follows:
|

Salur.

Mon.

Tuet.

Wednes. Thurs.

Fri.

Liverpool, steam.d
S32
332
S32
333
B0S
B64
....
Do
later. ,d.'
....
....
....
....
....
H avre, s te a m ... d}
*8
%
*8
116
Do
la t e r ___ <f.1 764
....
....
....
....
Brem en, steam, .d.
% ® 9B4 % ® 9 e l
*6 4
% ® 964
% » 9«4
%®%4
Do v. Ilainh.d.
____
....
....
Hamburg, steamd.
%
%
%
Do
.......... d. 1 . . . .
....
—
Am s’dam, steam.c. 1 9 ( 2 2 0 * 1 9 ® 2 0 * 1 9 0 2 0 * 1 9 3 2 0 1- 1 9 0 2 0 * 1 9 2 ) 2 0 *
Do
later., c.
....
....
....
...
....
R sval, steam ___d.
®82®l l 6l ^S3®U l4 ®32'®I1e4 832'® 1104 B32'®1164

Do

.............................d.

....

___

___

B ’lona, via M’ sl’s d. 1 7S2
732
Genoa, ste a m ... d)
6i 2
532
T rieste^.L ond’nrf.
318
U «4
Antw erp, steam , d. 6^4 1^5 564®332

732
B32
U «4

732
b32

Is a

i* a i

“ 84

B32

B«4 ® 3»2

I 32
53 3
l l 61
Spa 0 3o„

* C e n t s p e r 1 0 0 lb s
iv e r p o o l

4%

M ia .D p l’ d s .

4%
7 ,0 0 0
500

Futures.

H a r d e n ’g .

l 7i s
1 2 ,0 0 0
1 ,0 0 0

590

Ir r e g u la r
at a
d e c lin e .

V e ry
•te a d y .

M a rk e t, j
4 P .M . 5

4%
7,000

7 ,0 0 0
500

S te a d y at
M a r k e t , i 1-134 @ 2 -6 4
: 4 5 P . M .j a d v a n o e .

Good
b u s in e s s
d o in g .

S t e a d ie r .

U is

4 7ia

1 2 ,0 0 0
1 ,0 0 0

8 ,0 0 0
500

S te a d y a t S te a d y a t
3 -6 4 d e  2 64 @ 3-0 4
c li n e .
advance.
V e ry
ste a d y .

8 te a d y .

B a r e ly
ste a d y .

H a r d e n ’# ,

8 te a d y .

F ir m a t
3-64 @ 4 -6 4
ad vance.

Q u ie t a n d
ste a d y .

B a r e ly
s t e a d y .J

The opening, highest, lowest and closing prices of futures
at Liverpool for each day are given below. Prices are on
the basis of Uplands, Low Middling clause, unless otherwise
stated:
M o n ., A p r .

8 a t„ A p r. 1 5 .

17.

T u e a ., A p r . i s .

Open High Low. Olos. Open High Low. Olos.
A p r i l ...............
A p r il- M a y ..
v t a y - J u n e ..
J u n e - J u ly ..
J u l y - A u g ...
A u g .- S e p t ..
S e p t .- O c t ...
O c t . - N o v . . ..
N o v .- D e e ...

4
4
4
4
4
4
4
4
4

23
23
24
25
26
27
28
28
28

d.

d.

<%
.
4
4
4
4
4
4
4
4
4

24
24
24
25
27
27
28
28
29

4
4
4
4
4
4
4
4
4

23
23
24
25
26
27
28
28
28

d.

d.

d.

4 21
4 24

4
4
4
4
4
4
4
4
4

4 21
4 25
4 27
4 27
428
4 28
4 29

W e d ., A p r . 1 9 .

4 18
4 16
4 16

15
15
16
17
19
19
20
20
20

4
4
4
4
4
4

4
4
4
18 4
19 4
20 4
2) 4
21 4
21. 4

14
14
14
15
17
17
18
18
18

O pen

d.

d.

4 14
4 14
4 14
416
4 17
4 18
4 IS
4 19
4 19

4 11
4 14
4 14
415
4 17
4 17
4 IS
418
4 18

d.

T h u r s ., A p r , 2 0 .

High Low. Oloe.
d.
4
4
4
4
4
4
4
4
4

15
15
15
17
18
19
20
20
20

d.

d.

4 14
4 14
4 14
4 15
4 17
4 17
4 18
4 18
418

4 15
4 15
4 15
4 17
4 18
4 19
4 20
4 20
420

F r i., A p r. 2 1 .

Open High Low. Olot. Open High Low. Olot. Open High Low. (7104.
d.

J u n e - J u ly ..
J u l y - A u g ...
A u g .- S e p t ..
S e p t .- O c t ...
N o v . - D e e .. .

4
4
4
4
4
4
4
4
4

20
20
20
22
23
24
21
25
25

B

d.
4
4
4
4
4
4
4
4
4

R

d.

21
21
21
22
23
24
25
25
26

4
4
4
4
4
4
4
4
4

E

17
17
17
19
20
20
21
22
22

A

d.

d.

d.

d.

d.

418
4 18
4 18
4 19
4 20
4 21
4 22
4 22
4 23

4 20
4 20
4 20
4 22
4 23
424
i 24
4 25
4 25

4 21
4 21
4 21
4 22
423
4 24
4 25
4 25
4 26

.4 20
4 20
4 20

4 20
4 20
4 20
4 21
4 23
424
4 24
4 25
4 25

D

S

T

U

4 21
4 22
4 23
424
4 24
4 25

F
F

F
r i

d.
4
4
4
4
4
4
4
4
4

S

22
22
22
23
25
25
26
27
27

d.
4
4
4
4
4
4
4
4
4

22
22
23
24
25
26
27
27
23

d.
4
4
4
4
4
4
4
4
4

.

Hch.

30

April

7.

April

14

April

21.

B a l e s o f t b e w e e k .....................b a l e s .
2 3 .0 0 0
2 3 .0 0 0
45.000
53 000
O f w h ic h e x p o r t e r s t o o k . . . .
1 ,8 0 0
2 .0 0 0
2 ,0 0 0
1,100
O f w h ic h s p e c u la t o r s t o o k ..
500
1 ,0 0 0
B a l e s A m e r l o a n ....................................
2 5 .0 0 0
2 0 .0 0 0
4 2 .0 0 0
4 8 .0 0 0
A c t u a l e x p o r t ..................................................
4 ,0 0 0
7 .0 0 0
6 ,0 0 0
5 ,0 0 0
F o r w a r d e d ...........................
4 1 .0 0 0
3 0 .0 0 0
4 9 .0 0 0
5 0 .0 0 0
T o t a l s t o c k — E s t i m a t e d ______
1 .6 4 1 ,0 0 0 1 .6 3 5 .0 0 0 1 .5 9 0 .0 0 0 1 .5 7 5 .0 0 0
O f w h l o h A m e r i c a n — E a t l m ’ d 1 , 3 > 2 ,0 0 0 1 . 3 8 5 . 0 0 0 1 . 3 6 4 . 0 0 0 1 . 3 1 6 . 0 0 0
T o t a l i m p o r t o f t h e w e e k ...............
3 3 .0 0 0
4 4 .0 0 0
3 1 ,0 0 0
4 1 .0 0 0
O f w h l o h A m e r i c a n ...........................
3 6 .0 0 0
2 2 .0 0 0
1 8 .0 0 0
2 9 .0 0 0
A m o u n t a f l o a t .................................
5 5 .0 0 0
8 0 .0 0 0
1 1 7 .0 0 0
1 0 6 ,0 0 0
O f w h l o h A m e r i c a n ..........................
4 5 .0 0 0
5 5 ,0 0 0
8 7 ,0 0 0
1 0 0 .0 0 0
h 'O T i’ . — 1 2 ,8 10 b a l e s b u r n e d , o f w h i c h 1 2 , 1 7 0 A m e r i c a n , 3 5 0
a n d 2 9 0 S a v a n ilia , d e d u c te d fr o m L iv e r p o o l s t o c k A p r il 7 .

E g v p t ia n

The tone of the Liverpool market for spots and futures each
day of the week ending April 21, and the daily closing prices

o f spot cotton, have been as follows:

d.

18
18
18
20
21
22
23
23
23

4
4
4
4
4
4
4
4
4

19
19
19
20
21
22
23
23
24

.

LAY, A p r i l 2 1 , 1 8 9 3 .

A duller market than has been prevalent during the oast
week for wheat flour would ba difficult to imagine. There
has been little or no inquiry from shippers. Ttie j ibbing de
mand has been at a minimum, and prices, sympat lizing with
a weaker market for wheat, have declined 5 a 1Oc. per bbl.
Rye flour has been- in slow deman i and values have been
lowered about 5c. par bbl. Corn meal has also shared in the
dulness and quotations have been lo wered so newhat. To-day
there was a slight iacrease to the jobbing demind for wheat
flour and the market was steadier with the grain. Corn meal
was quiet and unchanged.
There has been a moderate degree of activity to the specu
lative dealings in wheat but at declining prices. “ Longs ”
have been unloading with considerable freedom, prompted
by improved crop prospects and dull and weaker foreign ad
vices ; but yesterday predictions of frost in the Southwest
stimulated a demand from “ shorts” to cover contracts and
part of the loss was recovered, do the spot mirket the de
mand from shippers, while not as brisk as previously, was
fairly active, their purchases for the week amounting to
about 850,000 bushels. Yesterday’s business included No. 1
Northern at 6%c. over May, delivered, and No. 2 red winter
at
over May, f.o.b. from store. To-day the market ad
vanced during early ’Change, on unfavorable crop ac
counts both from the West and abroad and on active buying
for foreign account, but later the improvement was lost
under selling by “ longs” to realize profits. The spat market
was fairly active and steady, with shippers buying. The
sales included No. 2 hard winter at
to % c . over May,
f.o.b. afloat, May 6, and No. 3 spring at 5%c. under May de
livered.
D A IL Y CLOSIN G P R IC E S O P NO. 2 R E D W IN T E R W H E A T .

—By cable from Liveroool we have the following
statement of the week’s sales, stocks, &o.. at that port:
L

D o ll.

F ir m .

l a l e s ...................
tp e o . & e x p .

Hull,
B an e - Progreso,
London
Bremen Other Iona, TarLiver- (1 Tew<£ Bam- North. Genoa, mouth
pool. caitle. Havre. 6 arg. E ‘irope. <&0. Tokoh. Total.

N

6

8 al.

A p r i l d e l i v e r y ........................o
763s
M a y d e l i v e r y ................................ o .
76%
J a n e d e l i v e r y ..............................e .
7 7 7s
J u l y d e l i v e r y ............................. 0.
79%
A u g u s t d e l i v e r y ........................ e . 7 9 7s
S e p t e m b e r d e l i v e r y ................0. 8 0 %
D e c e m b e r d e l i v e r y _______ 0. 8 3 %

Mon.

Tue*.

Wed.

Thurs.

75
75k)
76%
77%
78%
79%
823s

74%
7 5 )4
763s
77%
78%
79
82%

74
74k)
75%
77
77%
76%
81%

7 A 7s
7538
7638
77%
78%
79%
82%

Fri.
74%
75 %
76%
78
76%
79%
83%

Indian corn futures have been quiet, but early in the week
there was a moderate advance in values, based on an unex
pected large decrease in the visible supply. Subsequently,
however, the improvement was lost iu sympathy with the de
cline in wheat. The spot market has been fairly active for
export at declining prices. The sales yesterday included No.
2 mixed at 4 8 % ^ % % ° - in elevator and 49%c. delivered. To
day the market was quiet, but prices were a trifle higher in
sympathy with wheat. Tbe spot market was quiet but steady.
The sales included No. 2 mixed at
in elevator and
50J^ 3)50% f. o. b. afloat, late April or early May; steamer
mixed at 47%c. in elevator and No. 3 mixed at 47%o. in
elevator.

THE CHRONICLE.

662

D A I L Y C L O S IN G P R I C E S O F N O . 2 M I X E D C O R N .
A p r i l d e l i v e r y ..................
M a y d e l i v e r y ...................
J u n e d e l i v e r y ..................
J u l y d e l i v e r y ..................
A u g u s t d e l i v e r y ____________ 0 .

Sat.

Mon.

Tues.

Wed.

Thun.

Fry.

48 *2
4 7 i2
471s
48%
—

48
48%
48%
49

4 7 3i
4 7 7g
48=8
4 8 7s

4713
47=8
4 8 is
4 9*8

47%
i 7 7e
48%
49%

48
48%
49
49%

Oats have been dull and values have eased off a trifle, sym
pathizing with the weakness in wheat and under free offer
ings by the West. To-day the market was firmer on buying
by “ shorts” to cover contracts, stimulated by an export de
mand, shippers having taken within the past 48 hours about
175,000 bushels mixed.
D A I L Y C L O S IN G P R I C E S O F N O . 2 M I X E D O A T S .
A p r i l d e l i v e r y ..............
M a y d e l i v e r y .................
J u n e d e l i v e r y ............... ..............0 ,
J u l y d e l i v e r y ...............

Sat.

i f on.

Tues.

Wed.

Thun.

34 *2
33%
33 %
33 %

35
33%
33=8
33%

35
3 3 !%
335s
33%

35

31
33%
33%
33 %

33 %
3338
33%

Frx.
34 %
33%
33 %
33 %

Rye has been in light request and prices have declined.
Barley has been without change and dull.
FLO U R.
F i n e _______________ « b b l . S I 7 5 ® 8 2
1 85® 2
B n p e r l i n e ....................................
2 103 2
E x t r a , N o . 2 . . . ______
2 35® 2
E x t r a , N o . 1 ........................
2 50® 3
C l e a r s ............................................
( S t r a i g h t s ................................... 3 3 0 3 4
4 10® 4
P a t e n t , s p r i n g __________

00
25
35
95
25
10
55

P a t e n t , w i n t e r _________ 8 3 6 0 ® S 4
C i t y m i l l s e x t r a s ______ 3 9 0 ® 4
R y e flo u r, s u p e r f in e ..
2 90® 3
®
B u c k w h e a t f l o u r .............
...
C o r n m e a l—
2 60® 2
W e s t e r n , <feo.....................
B r a n d y w i n e .....................
2 75

00
00
15

70

C o rn , p e r b u sh . —
W e s t ’ n m i x e d .............
S t e a m e r N o . 2 ------ W e ste rn y e llo w . . .
W e s t e r n w h i t e ............
R ye—
W e ste rn , p e r b u s h .
S ta te a n d J e r s e y ..
B a r le y — N o. 2 W e st’n .
S t a t e 2 - r o w e d .............
S t a t e 6 - r o w e d _____ T

0.
86
76%
80
Ml
33
48
38
41

®
®
®
®
®

n

®
®

c.
45
47% 9
47
®
55
53
53
60
65
73

®
®
®
®
®

e.
50
43%
b i
57
60
60
75
67
76

V T F o r other tables usual ly jriven here see page 655.

T

H

E

D

R

Y
N

G O
ew

Y

O

o r k

D S

T R

A

D

E .

, F r i d a y , P . M ., A p r i l 2 1 ,1 8 9 3 .

The market at both first and second hands has passed
through another week of very dull trade and although there
have been no such breaks in prices as distinguished the
previous week in the gingham department, the weakness of
the cotton goods situation has still been very noticeable. The
trade in all parts of the country are resolutely pursuing a very
conservative policy. Where their requirements are abso
lute they are purchasers, but very few of them are doing
anything more than meeting imperative needs. Agents
who a little while ago were exceedingly stiff in their
attitude because their mills were sold ahead now find
that the contracts are being rapidly worked off without
new orders coming forward in anything .like compensating
degree. It has been noted that cancellations are less of a
feature than might have been expected under ap
parent conditions,
but this is in some measure
attributable to
the
fact that in many instances
current balances of contracts are being delivered at lower
prices than those at which the orders were originally placed.
Then, again, there are certain makes of staple goods still in
comparatively good position, and for which other makes
hardly furnish substitutes. Outside influences are generally
unfavorable. The cotton market shows a further decline on
the week, and the increased uncertainty concerning the
financial situation has had a bad moral effect, and the weather
is still cold enough to keep down the distribution of spring
and summer fabrics. Jobbers have had an exceedingly dull
week, and this month’s business so far has in some degree dis
counted the encouraging lesults of the first two months of the
season. The feature of the week was an auction sale of some
1,400 cases of indigo blue prints held yesterday, when an un
expectedly high average price was realized. Its significance
as an indication of actual conditions was, however, destroyed
by the fact that this average was established by the heavy
purchases made by the agent of a competing print.
D omestic C otton G oods.—The exports o f cotton goods
fro m
this port for the week ending A pril 18 were 1,832
packages, valued at $117,364, their destination being to the
points specified in the table below:
1893.
N

e w

Y

o r k to

A

p r il

18.

G r e a t B r i t a i n ............................................
O t h e r E u r o p e a n ....................................
C h i n a ...................................................................
I n d i a ......................................................................
A r a b i a ..................................................................
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 t r a l A m e r i c a ...................................
S o u t h A m e r i c a ......................................
O t h e r c o u n t r i e s ......................................

Week. Since Jan.
164
36
350
237
297
9
P9
642
28

1 ,4 1 9
342
8 ,9 0 4
3 ,2 6 6
2 ,8 6 9
5 ,0 0 5
6 ,2 2 5
636
1 ,* 3 3
1 4 ,3 4 6
796

Week. Since Jan.
163
19
600
125
41
446
39
68
419
109

T o t a l ...........................................................
C h i n a , v i a V a n c o u v e r ............

1 ,8 2 2

4 3 ,4 4 1
1 0 ,4 2 4

2 ,0 2 9
2 ,7 0 0

T o t a l ...........................................................

1 ,8 2 2

5 3 ,8 6 5

4 ,7 2 9

1893.
Stock o f Print Cloths—
April 1 5 .
H e l d b y P r o v i d e n c e m a n u f a c t u r e r s . 5 6 ,0 0 0
F a l l R i v e r m a n u f a c t u r e r s .............................. 4 4 , 0 0 0

1892.
16.
1 ,0 0 0
5 8 ,0 0 0

1891.
17.
4 1 1 .0 0 0
1 8 9 .0 0 0

April

April

5 9 ,0 0 0

6 0 0 ,OCO

tion this week of buyers taking more interest in business in
this department, and on the whole some increase in sales is
reported; the demand has been too spasmodic, however, to
have much importance attached to it. Agents are showing
signs of more general uneasiness over the lack of spirit in new
business and the slowness with which duplicate orders are
coming forward. Some comfort is drawn from the fact that
cancellations are few, but meanwhile the mills are rapidly
overhauling the ' contract work before them.
No line
of men’s-wear woolens or worsteds has had enough done in it
to call for specific mention. The possibility of the tariff ques
tion being considered by Congress as early as September is not
without its influence but so far cannot be described as an active
factor in the situation. Orders for fall deliveries of woolen and
worsted dress goods have proved but moderate, and in cotton
mixed stuffs an easier tone is noticeable.
F oreign D r y G oods.— A moderate business is reported in
this section of the market in silks, velvets and linens for fall
importations, with a restricted trade passing in other descrip
tions of merchandise. Here, too, the tariff is beginning to ex
ercise an influence it did not wield when next year was sup
posed to be the earliest date of its legislative consideration.
There has been little doing in seasonable merchandise, and
that little mostly at irregular prices.
I m p o r t a t io n s a n d W a r e h o u s e W i t h d r a w a ls o f D r y G o o d s ,

The importations and warehouse withdrawals of dry goods
at this port for the week ending April 20, and since Jan. 1,
1893, and for the corresponding periods of last year are as
follows:
a
3
2
2
EH fESgSfl
7

0:

3

KT *

*

F: S
; •e
• • et

p t
EH
■d

©_i

O iO
-q to

W tOCOit*©
Q CP CO GOCO

©CO
CO to
toco
it* to
HOI

CO01 COi - CO
C O O O — 07
© OX© ©

2.

O
’ if*

I-* to © to to

- 3
MA
X J

© to

© ©© ©0
5
v|COf*'lH

if* © to tOO'

H1tO

C
O
if*C
O
©p

<J<3C0M<J
CO© M if* O'
<1 © CO CO

©if*

O 'O

<101c o V ©
^JCO©©bO

ii
I*

-3if*■
'3© if*

I

to?
to'Q

to
if* to to to to
a& pcoxp
V k u o to c o
© to r- CO CO
if* CO to ©

p**rpoo | ,

CO

C
O

05rf*

<1 i-* GO it* to

•

Wrf*©
©©CO
©*©.!j.

C
O

©<1
j-JCC

**

© *-3 i-* © CO
as
if* CO i-1© if*___ I *

it*©

CO 05 CO 05 <1
H O C O -C J1
to O O © X

-

o•
0:

©MtOtOOD [tcT

poo
to 07

.
SI
p

to if* M to it*
005
C
5C
O ©O
nC
5© ©
OCO
©C
O
I—
1if*©
co w
H -O
to o

c o c o to o < i
^ GC tO<l
I—* COCO x to
M O' 05 to O

05CO
© if*

1892.
1.

L T I.

D omestic W oolens .—There has been an occasional indica

G R A IN .
0.
65
75%
60
63
35
39
37
40

ol.

Brown sheetings and drills were in limited request in the
shape of new business, with previously noted irregularity of
prices still marked. The decline in values has caused more
inquiry in the market by exporters, as it suggests the possi
bility of important business at practicable limits. Bleached
shirtings also are quiet and some of the less important makes
have been openly reduced
per yard. Kid-finished cam
brics are reduced in some instances % o . per yard, with an
easy market for all converted goods. W ide sheetings are fairly
steady. In colored cottons large orders have been placed for
Southern plaids at the lower prices reported last week. Cotton
flannels for future delivery have ruled quiet, with the tendency
against the prices quoted at the opening of their season a few
weeks ago. White goods are irregular and in poor demand.
Prints are without change from previous week. A drive in
Cocheco Madders, a staple article, at 5}^c. per yard, and the
auction sale referred to above being "the only new features.
Ginghams have sold moderately on the low level of prices
lately established. The market for print cloths has been dull
all week, but prices have not changed from the basis of 3i^c.
for 64 squares, but as the market is at present the quotation
is little better than nominal.

T o t a l s t o c k ( p i e o e s ) . .................................... 1 0 0 , 0 0 0

[ W h e a t f lo u r I n s a c k s s e lls a t p r io e s b e lo w t h o s e f o r b a r r e l s . ]
W h e a t—
S p r in g , n e r h n s h . . .
R e d w in t e r N o 2 . .
R e d w i n t e r ................
W h i t e .......................................
O a ts—M i x e d . .b u .
W h i t e ....................................
No. 2 m i x e d ..................
No. 2 w h ite... .............

[Y

W fC C Q O H
H*©>-*©ao
p < iH ‘p < i

©
**©©►"*
©05 1—‘05 00

*q © if* o : to

coco©bo©

c*

- q o q o o q o * : SS.

x x if* to co

13

if*© t0^ 3< J

I

Vfoto©©
i*
© tO © -JX

3

1 ,8 1 0
531
3 7 ,6 4 4
2 ,2 2 4
3 ,6 8 8
3 ,9 0 2
5 ,3 0 9
1 ,1 9 2
2 ,0 7 3
1 2 ,4 2 8
1 ,1 0 6

©<i © CCJ1© t OC0C5
if *
to GO
<1©^ ©*a<i>f*©
ooh

7 8 ,2 0 7

The valtte of the New York exports since January 1 ha- e
been $2,562,771 in 1893 against $3,670,910 in 1892.

too

coot

if* H tO ©
<1 CO© 05 ©

©to
05X !

bo©

C to 05 to
05 COC to 00
It* COO O K I

tOC5W OCO
OCOCRGCOO
l- r - C 5 — to
- I it* CO to X

050

\H

too [

^i©J © © M COto
>Mif* I

to
H rf*
O X
050

7 1 ,9 0 7
6 ,3 0 0

* F r o m N e w E n g la n d m il l p o in t s d ir e c t .

CROl

M HHH o
C
O
o it*©oi
© <1© j *ICO

© <l© <f*S*
© < J© X C O
0 5 H >f*©<l

©C5©tO^J

to
to© *q©o<i
o© < x*q ao if*w

*“3 © © >
—*
CO to © if* to
© r - ©CO©
tC (f* © if* CO
<1 © If* 05 ©
© 00< J^ *© ^

s i
©3

©©<jV©

p- tO©if*^3
tO X © if-*3

top w p ©
© C005© rf*

05

05©
►
-©

H*

© if*

CO ©COCO-*

05©

H tO H C O
C C K t o V l©
tO*3r-CO©
H* tO © © _i-

tO if*
CO©

X © tO© *4

© tO©b tO

tO © i- © ©

©C
O
C
O
©M

X © *^3 (—1X
X tO © © if*
N. tO © © if*
©©<JX*3

,

©©©©"3 ' g
©
*3I—
1©
S.
to©x<ico 3
©X ©
*3 , »
©©xtoto
if*c o x © ©

.

A

p r il

THE CHRONICLE.

2 2 , 1 8 9 8 .]

—

------------

683
1

~~

...... 11

ings bank to sell or retain such bonds or stocks as may have
been purchased prior to the increase of debt.
An unsuccessful attempt was made to amend this bill to in
T E R M S
O F
S U B S C R IP T IO N .
clude the securities issued by Philadelphia, Pittsburg, Lowell,
C o m m e r c i a l a n d F in a n c ia l C H R O N I C L E con Cambridge, Newark, Baltimore, Chicago, Milwaukee and
tains 4 0 to 6 4 pages published every week.
Cincinnati.
S ta te a n d C ity S u p p le m e n t of C H R O N I C L E con
New Orleans Premium Bonds.—The next semi-annual pay
tains 1 8 0 pages published several times each year.
ment of New Orleans premium bonds will take place on July
I n v e s t o r s ’ S u p p le m e n t of C H R O N I C L E (a Cyclo 15th, 1893, and the bonds then to be paid are those which were
peedia of Railroad Securities) contains 1 6 0 pages published drawn on January 31st and April 15th of this year. The fol
lowing is a list of the series numbers of these drawn bonds,
-®very other month.
which has been furnished us this week by the New Orleans
Subscription to CHRONICLE for one year S i 0 .0 0 ,
Board of Liquidation City Debt.

State

and

C it y

p £ fA ftT M E flT ,

w hich includes every issue o f both Supplements .

SIXTY-NINTH DRAW ING, JANUARY 3 1, 1 8 9 3 .
52,
1 ,5 7 5 ,
3 ,3 0 6 ,
5 ,3 1 3 ,
7 .5 2 9 ,
8 ,8 2 5 ,

105.
1 ,5 9 5 ,
3 ,9 7 7 ,
5 ,4 6 9 ,
7 ,6 4 5 ,
8 ,9 5 8 ,

129, 360,
1 ,6 4 7 , 1 ,6 4 9 ,
4 ,0 9 5 ,4 ,3 1 9 ,
5 ,9 5 3 ,6 ,1 1 5 ,
7 ,6 6 0 ,7 ,8 7 0 ,
9 ,0 0 9 ,9 ,2 0 0 ,

456,
1 ,8 6 3 ,
4 ,8 8 6 ,
6 ,2 7 3 ,
7 ,9 2 4 ,
9 ,4 4 0 ,

467,
2 ,4 4 6 ,
4 ,4 5 3 ,
6 ,5 4 7 ,
7 ,9 8 3 ,
9 ,4 8 1 ,

813,
2 ,5 8 2 ,
5 ,0 7 3 ,
7 ,2 1 9 ,
8 ,4 2 4 ,
9 ,5 6 9 ,

1 ,0 5 0 ,
2 ,7 1 9 ,
5 ,1 4 8 ,
7 ,2 3 3 ,
8 ,4 3 3 ,
9 ,7 9 7 ,

1 ,4 0 0 ,
2 ,8 9 3 ,
5 .1 7 4 ,
7 ,3 8 6 ,
8 ,6 4 3 ,
9 ,8 9 0 ,

1 ,4 9 1 ,
3 ,2 8 7 ,
5 ,2 4 4 ,
7 ,4 8 0 ,
8 ,8 0 7 ,
9 ,9 2 9 .

T h e p u r p o s e o f tills S ta te a n d C ity D e p a r t m e n t
is to furnish our subscribers with a weekly addition to and
continuation of the State and C it y S upplement . In other
SEVENTIETH DRAWING, APRIL 1 5 , 1 8 9 3 .
words, with the new facts we shall give, the amplifications
97,
454,
891, 937,
9 3 8 , 1 ,1 8 1 , 1 ,3 7 2 , 1 ,6 6 8 , l , 8 a 0 , 2 ,0 5 6 ,
and corrections we shall publish, and the municipal laws we 24 ,, 23 29 12 ,, 24 ,, 24 96 26 ,, 42 ,, 53 32 91 ,, 24 ,, 67 83 71 ,, 24 ,, 78 33 52 ,, 24 ,, 99 37 41 ,, 25 ,, 92 81 60 ,, 35 ,, 36 51 72 ,, 35 ,, 89 27 25 ,, 46 ,, 03 44 44 ,,
shall analyze in the “ State and City Department,” we expect 6 , 0 5 0 , 6 , 0 7 1 , 6 , 2 7 7 , 6 , 4 3 7 , 7 , 0 2 7 , 7 , 4 2 7 , 7 , 4 5 5 , 7 , 8 2 3 , 8 , 0 3 6 , 8 , 3 1 8 ,
to bring down weekly the information contained in the 8 , 5 1 5 , 9 , 3 0 0 , 9 , 3 8 6 , 9 , 6 1 1 , 1 0 , 0 0 0 .
These series numbers represent 10,500 bonds for $20 each,
S tate and Cit y Supplement to as near the current date as
and on July 15th next 1,176 bonds will be drawn from this
possible. Hence if every Subscriber will note in his S u pple 
number to receive premiums as follows :
ment on the page designated at the head of each item a
S E M I-A N N U A L P REM IU M S.
reference to the page where the item in the C hronicle can
1 p r e m i u m o f $ 5 , 0 0 0 ................ $ 5 , 0 0 0
1 0 0 p r e m i u m s o f $ 5 0 _____ $ 5 , 0 0 0
5
do
1 , 0 0 0 .............. 5 , 0 0 0
1 ,0 0 0
do
2 0 . . . . 2 0 ,0 0 0
be found, he will at all times possess a complete and fresh
20
do
5 0 0 ________1 0 , 0 0 0
cyclopaedia of information respecting Municipal Debts.
50
do
1 0 0 .............. 5 , 0 0 0
1 , 1 7 6 p r e m i u m s ................................$ 5 0 , 0 0 0
After the premium allotment the bonds are all payable with
interest at 5 per cent from July 1, 1875. For explanation of
Chicago’s Financial Condition.—Ex-Mayor Hempstead the premium-bond plan see C hronicle V. 53, p. 943.
Washburne, in his farewell message, delivered to the city
council on Monday night, accords the highest commendation
B o n d P r o p o s a l s a n d N e g o t ia t i o n s .—W e have re
to Comptroller May for his manner of conducting the city’s
finances during the past administration. He says that had it ceived through the week the following notices of bonda
not been for the Comptroller’s firmness in the oftentimes un recently negotiated and bonds offered and to be offered for
pleasant necessity of exercising retrenchment, the city would sale.
not have escaped, what was predicted at the commencement
Bancroft, Neb.—Water-works bonds o f this place to the
amount of $7,000 have recently been voted.
of 1891, a return to scrip payment and financial disaster.
The receipts for the year ending Dec. 31, 1892, were $29,Bloomfield, N. J.—Bids for 5 per cent Bloomfield sewer
894,496 and the expenditures $30,199,177, including the bonds to the amount of $50,000 will be received until May 15
amount of $975,770 on the interest account. The total bonded by Wm, S. Johnson, Township Clerk. The securities will be
debt of the city is shown to be $18,476,450, of which $5,000,000 dated May 1,1893, and will mature at the rate of $2,500 yearly
was contracted for the W orld’s Fair. During the year 1892 from Nov. 1, 1894, to November 1, 1912, the remaining $2,500
old 7 per cent bonds to the amount of $1,560,000 were refunded to fall due May 1, 1913. Principal and semi-annual interest
at 4 per cent. The bonds redeemed were $39,000 of municipal (M. & N.) will be payable at the Bloomfield National Bank.
7 per cents due Dec. 1, 1892, and town of Lake water bonds, These bonds are issued for the purpose of meeting Bloom
$14,900; also water certificates amounting to $666,000.
field’s share in the cost of a trunk sewer, which has been con
The Mayor devotes some space to the World’s Fair, and we structed jointly by the city of Orange and the townships of
quote the following paragraph showing the estimated cost of Montclair and Bloomfield. T h e sale is a d v e rtis e d e lsew h ere i n
the Exposition :
th is D e p a rtm e n t.
“ To carry out the plans for the W orld’s Fair an immense
Bucyrus, Ohio.—(S tate a n d C it y Supplement , page 77.)—
amount of money was necessary. Public-spirited citizens to The Legislature has granted this city authority to issue by
the number of 30,000 promptly furnished $6,000,000 in sub vote of the people $10,000 of bonds for park purposes.
scriptions to Exposition stock. The city, through its common
Cadiz, Ohio.—A bill has been passed by the Legislature
council, supplemented this with $5,000,000 of municipal
bonds.
*
*
*
*
*
* ” authorizing this place to issue $35,000 of bonds to construct
The Government, besides voting about $2,500,000 for its own a water-works plant.
Canton, 0. — (State and C it y S upplement , page 77.)—
building and exhibit and expenses of the National Commis
sion and Board of Lady Managers, has given the Exposition City Clerk W . Litchtenwalter writes us that bids will be re
authorities $2,500,000 in souvenir coins, the sale of which at a ceived until May 20th for $26,000 of 5 per cent J. & D. market
premium will add $5,000,000 approximately to the Exposition house bonds due June 1, 1908, and $5,000 5 of per cent A. & O.
treasury. Another $5,000,000 has been raised by the sale of park bonds, to mature at the rate of $1,000 yearly from April
Exposition bonds. Receipt from interest on deposits, admis 1, 1898, to April 1, 1902.
The following is an official statement of the city’s financial
sions to Jackson Park and from other sources have brought
the cash resources of the Exposition company up to fully standing at the present time:
$22,000,000. For their o\\ n representation the different States T o t a l d e b t .............................................$ 7 4 4 , 6 3 0
Valuation. <tc.
and Territories of the Union have made direct appropriations W a t e r d e b t ( i n c l u d e d ) . . . 1 9 6 , 0 0 0 A s s e s s e d v a l u a t i o n . . $ 1 1 , 0 0 0 , 0 0 0
S i n k i n g f u n d ....................................
6 4 ,0 0 0
H e a l v a l u a t i o n ...................... 4 5 , 0 0 0 , 0 0 0
aggregating about $5,000,000 and foreign countries have N e t d e b t ............................................... 4 8 1 , 6 3 0 P o p u l a t i o n , D e o . , ’ 9 2 w a s . . 3 2 , 1 7 6
voted upwards of $7,000,000. In all of these the amount raised
Channte, Kan.—The citizens of Chanute have voted in
through private means for Exposition purposes is very great. favor
of issuing bonds to the amount of $50,000 for water
A conservative estimate places the cost of the exposition, in
money actually expended, at $60,000,000. The value of the works purposes. The votes cast were 523 to 19.
Cincinnati, Ohio.—( S t a t e a n d C i t y S u p p l e m e n t , page 77.)
exhibits will doubtless exceed $500,000,000.”
—-City Auditor D. W . Brown notifies us that on April 12,1893,
New York Savings-Bank Investments.-Senator Blood- the $200,000 of 4 per cent sewer bonds, payable June 1, 1932,
good’s bill has been signed by Governor Flower. It author and redeemable on or after June 1,1912, were sold to S. Kuhn
izes the savings banks in New York State to invest in the & Son, I. M. Simon & Co. and Seasongood & Mayer for
$202,025 and accrued interest, or 101'012. in the following
stocks or bonds of Boston, Worcester, St. Louis, Cleveland, table this price is compared with that of some of the sales of
Detroit, Providence and New Haven. The bill further provides this city’s securities last year.
that if at any time the indebtedness of any of said cities, less
Date o f Sale.
Bate. Amount.
Time.
Award.
, 1 8 9 3 ...............................................
4 s.
$ 2 0 0 ,0 0 0
20 -4 0 y e a rs
10 1 -0 1 2
water debt and sinking fund, shall exceed 7 per centum of its AN po vr iel m
b e r , 1 8 9 2 ................................
4 s.
1 0 0 ,0 0 0
4 0 y e a rs
10 1 -8 9 3
4 5 0 ,0 0 0
2 0 y e a rs
1 0 0 -8 8
valuation for purposes of taxation, its bonds and stocks shall A u g u s t , 1 8 9 2 .......................................... 4 s .
J a n u a r y , 1 8 9 2 ...................................... 4 s .
1 0 0 ,0 0 0
1 7 y e a rs
1 0 2 *1 2 5
thereafter cease to be an authorized investment for the moneys
Covington, Ky.—(State and Cit y S upplement , page
of New York savings banks; but the Superintendent of the 152.)—The City Clerk will receive bids until May 1 for $125,Banking Department may, in his discretion, require any sav- 000 of 4 per cent 30-year bonds.

V

THE CHRONICLE.

684

Covington, Ohio.—This place has been authorized by the
Legislature to issue $10,000 of bonds to secure natural gas by
drilling or piping.
Cnyalioga County, 0.—Bids will be received until May 20
by County Auditor A. E. Akins at Cleveland, O., for $160,000
of 5 per cent county bridge bonds maturing as follow s:
$25,000 April 1, 1898; $25,000 April 1899; $25,000 April 1, 1900;
$25,000 April 1, 1901 "$25,000 April 1, 1992,and $35,t00 April 1,
1903. The bonds draw interest from April 1, 1893.
D illon, Mont.—The election to vote on the proposition of
issuing $50,000 of water and sewer bonds was held in Dillon
on April 10. City Clerk Edwin Norris notifies the C h r o n i c l e
that the proposition was carried by a vote of 210 to 38. The
bonds will be of the denomination of $1,000 each, will bear
interest at (he rate of 6 per cent, and will become due in 20
years from date of issue, optional after 10 years. Date of
sale has not as yet been fixed. Thee city’s assessed valuation
in 1892 was $716,000.
East Liverpool, Ohio.—( S t a t e a n d C i t y S u p p l e m e n t , page
79.)—James N. Hanley writes us that on April 17 the $18,500 of
5 per cent 10-30 year funding bonds were sold to E. H. Rollins
6 Son for $19,007. The following is a list of the bids which
were received for the loan :
L a m p r e c h t B r o s - & C o . $ 1 8 ,8 9 1
D e i t z , D e n n t s o n & P r i o r 1 8 ,7 5 3
S e a s o n g o o d & M a y e r . . . 1 8 ,7 7 5
F a r s o c , L e a e h & C o _____ 1 8 , 7 3 1

75
98
00
25

I
|
|
I

W o o d b u r y & M o u l t o n .,$ 1 8 ,9 5 3
S p i t z e r & C o ................................ 1 8 ,7 0 3
W . J . H a y e s & S o n s . . . . 1 8 ,6 7 9
E . H . B o l l i n s & S o n _____ 1 9 , 0 0 7

25
50
50
OO

Everett, Mass.— (State and Cit y S upplem ent , page 23.)—
One hundred and twenty-five thousand dollars o f sewer
bonds of the town of Everett have been authorized by the
Legislature.
Flushing, N. Y. — (State and Ci t y Supplem ent , page
47.)—On April 26th 5 per cent street improvement bonds to
the amount of $25,000 and $16,000 of 5 per cent bridge bonds
will be sold to the highest bidder. Each issue will mature at
the rate of $1,000 yearly on May 1.

|Y

ol.

LV 1.

Loveland, Ohio.—A bill has been passed by the Legislature
granting authority to the village of Loveland to issue $10,000
of bonds to construct and drain streets, the question to be
submitted to a vote of the people.
Manchester, N. H .—(State

and

C it y S upplement , page

14.)—Mayor E. J. Knowlton will receive bids until June 15th
for $100,000 of 4 per cent improvement bonds to be dated July
1, 1893, and to mature January 1, 1913. The present net debt
of the city (excluding the water debt) is $355,000 ; wate r debt,
$600,000. The assessed valuation of real estate for 1892 was
$21,559,978; personal property, $4,372,066; total, $25,932,044.
The percentage of net indebtedness (excluding the water debt)
to assessed valuation is 1'369 and including the water debt it
is 3-682,
Manchester, Ohio.—A bill has been introduced in the Ohio
Legislature providing for the issue of street improvement
bonds to the amount of $25,000.
Medford, Mass.— (State

and

Cit y Supplem ent , page 27.)—

The city of Medford has been authorized by the Legislature
to issue $300,000 of bonds for a new water supply.
M iles City, School D istrict No. 1, M ont.— George W . Allerton, Clerk of the Board of Trustees of this district, will receive
bids until May 13 for the purchase of $10,000 of 6 per cent
bonds. The bonds will be of the denomination of $500 each
and will become due in 1903, with an option of call after 1898.
Interest will be payable semi-annually.
Moscow, Idaho,— (S tate and Cit y Supplement , page 131).—
City Clerk J. W . Lienallen writes the Chronicle that the
election to vote on the issuance of bonds will take place on
April 24. He states that $25,000 of sewer bonds, $25,000 of
street paving bonds and $20,000 of refunding bonds are pro
posed. The loans are all to bear 6 per cent interest and to
run twenty years.

Nevada, Mo.— Mr. C. T. Davis, Financial Agent for the city
of Nevada, notifies the Chronicle that bids will be received
Fostoria, Ohio.— (State and Cit y S upplement , page 79.)— until May 2 for the purchase of $10,000 of 5 percent 10-20 year
Bonds of this city to the amonnt of $25,000 have been author funding bonds and $7,000 of 5 per cent 5-20 year sewer bondB,
both issues to be dated May 2, 1893. The total indebtedness,
ized by the Legislature for improvement purposes.
including these securities, is $19,000; assessed valuation, $1,F ran k lin County, Ohio.— (State and Ci t y S upplement , 567,286; real value, $4,701,858 ; population, about 9,000.
page 80.)—The bill authorizing this county and Columbus to
New Bedford, Mass.— (State and Cit y Supplement , page
issue jointly $112,500 of bonds to erect an armory and a new
market house in Columbus has been passed by-the Legislature. 28.)—Bids will be received until April 25th for 4 per cent im
A bill has also been passed by the Legislature authorizing the provement bonds to the amount of $162,000 maturing April
commissioners of Franklin County to issue $15,000 of bonds to 1, 1903, and 4 per cent sewer bonds maturing April 1, 1913.
build a bridge over Big Walnut Creek.
New York City —(State and C it y Supplem ent , page 50,)—
Gallon, Ohio.— (State a n d Cit y Supplem ent , page 80.)— Comptroller Myers reports to the C hronicle that on April
14th
$29,583.35 of 4 per cent school house bonds were awarded
Authority has been granted this city by the Legislature to
issue by vote of the people $10,000 of bonds for park purposes. to the Commissioners of the City Sinking Fund at par. The
G allipolis, Ohio.—(State and Cit y S upplement , page 80.) securities mature Nov. 1, 1911, and they are exempt from city
—Water-works bonds of this city to the amount of $85,000 and county tax.
The bill authorizing the city to issue bonds to the amount
have been voted.
of $500,000 for improving the sanitary condition of school
H am ilton County, Ohio.— (St a te an d Ci t y S upplem ent , buildings has been signed by Governor Flower.
page 80.)—'This county has been authorized by the Legislature
Oakland, C al, —The question of issuing $40,000 of bonds for
to issue $35,000 of bonds to buy, widen and improve Linwood
pike.
a sewerage system in Piedmont district will be voted on at an
H ighland Connty, 0 . —Bonds of this county to the amount election to be held to-day.
of $35,000 will be sold to the highest bidder on May 2. The
Oakley, Kan. —The people of this place have voted to issue
securities are funding 5s, due at the rate of $1,000 semi $6,000 of bonds for water works purposes.
annually (M. & S.) from March 1, 1894, to March 1, 1905,
Oberlin, 0 . —Bids will be received until May 15, 1893, for 5
and then at the rate of $2,000 semi-annually from Sept. 1,
per cent water bonds of this village to the amount of $5,000
1905, to Sept. 1, 1908.
maturing May 15, 1903, and optional after May 15, 1896.
Irvington, N. Y. —John Dinkel, Treasurer o f the village of
Ogden City, U tah. —The $100,000 of general improvement
Irvington, will receive bids until April 26 for the purchase of
$50,000 of sewer bonds. The bonds will be of the denomina bonds offered for sale by this city on April 10 were awarded
tion of $1,000 each, bearing interest at the rate of 4 per cent to Messrs. W. J. Hayes & Sons at $102,700. The City Treasurer
per annum, payable semi-annually on May 1 and November 1 writes us that seven bids were received. The loan bears in
in each year, and both principal and interest will be payable terest at the rate of 5 per cent, payable semi-annually, and
at the Tarrytown National Bank, The loan will be dated May matures May 1, 1913.
Ohio.—(State and CIt y S upplement , page 75.)—A bill has
1, 1893,and will become due $5,000 yearly from May 1, lt97, to
May 1, 1906. None of the bonds will be sold for less than been passed by the Legislature authorizing the State to issue
par, and the Treasurer reserves the right to reject any and certificates of indebtedness for the purpose of paying Colum
all bids.
bus city for paving streets around the State institutions.
Jenkintown, Pa. —This borough has been authorized to in
Omaha, Neb.— (State and C it y S upplement , page 119.)—
crease its debt $30,500 for the purpose of macadamizing It is reported that $100,000 of sewer bonds and $200,000 of im
streets.
provement bonds of this city will soon be offered for sale.
K ings County, N. Y. —(State and C it y S upplement , page
Oregon City, Oreg.— (State and Cit y Supplem ent , page
48.)—County Treasurer Henry H. Adams will receive bids 142.)—City Recorder L. L. Porter notifies the Chronicle that
until April 26th for the following securities:
about May 1st $20,000 of 5 per cent 20-year bonds will be
countt farm loan.
issued. The present indebtedness of the city is $45,000, of
4s. M . & N.
$ 1 7 5 ,0 0 0
M ay le t, A . D , 1903
which $15,000 is floating debt. The assessed valuation is $2,4a, M . & N.
1 7 5 ,0 0 0
M a y 1 st, A . D . 1 9 0 4
000,000, this being only about % of the actual value of prop
ARMORT LOAN.
erty. Oregon City’s limits have recently been enlarged, and
& N . ........................................................ $ 6 0 ,0 0 0
M a y 1 st, A . D . 1 9 0 5
the population is now reported at 5,000. The last issue of
I s ’ f j - ? S .............. - ............................................
6 0 ,0 0 0
M a y 1 s t, A . D . 1 9 0 7
municipal bonds was sold at par.
4 s , M . & N .............................................................
8 0 ,0 0 0
M a y 1 s t , A . D. 1 9 0 9
REFONDINO LOAN.
Providence, R. I .— (State and C it y S upplement , page 34.)
—The City Council of Providence has voted tojssue $500,000
5 s ’ !!• £ 5 .............................................- ............$ 1 0 0 ,0 0 0
M a y 1 st. A. D . 1 9 0 9
48, M . & N ............................................................. 1 0 0 ,0 0 0
M a y 1 s t, A . D . 1 9 1 0
of 6 per cent city notes for highway purposes.
Louisville, Ky.—(State and Cit y S upplem ent , page 153.)—
Rock Valley, Iowa. —City Treasurer J. C. Vitzthum writes
rhe Louisville Council has ordered an election April 27 on a the Chronicle that the election held in Rock Valley on April
proposition to issue $1,000,000 bonds, which will be given to 17 to vote on the question of issuing bonds for water works
the State, together with a suitable building site, if the capital purposes resulted in favor of the proposition by a vote of 77
is removed from Frankfort to Louisville.
to 58. The bonds to be issued will be in all about $5,000.
^hio.—The bill authorizing Louisville to issue They will bear 6 per cent interest, payable annually, and will
$ 4 , 0 0 0 of bonds for the purpose of purchasing real estate has probably be made in bonds of $500 each, the last payable in
been passed by the Legislature.
twenty years.

TBE CHRONICLE,

APRIL 22, 1893.J

Santa Rosa, Calif.—The citizens of this place will vote on
May 9 on the question of issuing water works bonds to the
amount of $165,000.
Seattle, Wash.—(State and C it y S upplement , page 145.)—
The City Council of Seattle has been petitioned to submit to a
vote of the people the question of issuing $250,000 of bonds for
the purpose of constructing a sewerage system.
Spriugileld, Mass.—(State and C it y S upplement , page
30.)—City Treasurer E. T. Tifft of Springfield, Mass., will
receive bids until April 28 for $200,000 of 4 per cent water
bonds, maturing April 1,1913. Both principal and interest
will be payable in gold. The following is a record of the
sales of new bonds by this city during last year :
Date o f sale.

Bate.

S e p t e m b e r . 1 8 9 2 ................................... 4 s , g .
M a y , 1 8 9 2 ........................................................3 H s , g .

Amount.

Time.

Vicksburg, Miss.—This city has been authorized by the
Legislature to issue $100,000 of 6 per cent bonds for the pur
pose o f building a sewerage system, and plans for the con
struction of same are under consideration, the contractors to
accept the bonds in payment.
W ashington, Kan.—The people of Washington have voted
in favor of issuing water-works bonds.
W atertown, N. J.—(State and C it y Supplement , page
55.)—The bill authorizing Watertown to issue bonds for $40,000 to pay off the city’s unsecured indebtedness has been
signed by the Governor.
W ebster, Mass.— Authority has been granted this town by
the Legislature to issue $100,000 of bonds for the construction
of water-works, on the condition that the town first purchase
the works now owned by a private party.

Award.

$ 5 0 ,0 0 0 g . 1 0 y e a r s .
3 5 ,0 0 0
1 5 y e a rs .

680

10 2 -4 2
1 0 0 -1 9

The fact that a 3% per cent 15-year loan was marketed
above par is evidence of the city’s good credit and the popu
larity of her securities. An interesting comparison of the
financial standing of Springfield with that of other Massa
chusetts cities will be found in the C hronicle , Yol. 55, page
68. A detailed statement of the present indebtedness, valua
tion, &c., is given this week on a following page. F ^ l l p a r 
t ic u la r s c o n c e r n in g the p r e s e n t o ffe rin g w ill be f o u n d

S

T

A

T

E

A N

D

C

I T

Y

D

E

B

T

C

H

A

N

G

E S .

We subjoin reports as to municipal debts received since the
last publication of our State and Cit y S upplem ent .
Some of these reports are wholly new and others cover items
of information additional to those given in the S upplem ent ,
and of interest to investors.
Virginia, Page County.— (State and C it y S upplement ,
page 149.)—The statement of debt, valuation, &c., of Page

in an

a d v e rtise m e n t elsew here i n t h is D e p a r tm e n t .

Tacoma, Wash.—(State and Cit y Supplem ent , page 144.) County, as given below, has been corrected by means of a
—The people of Tacoma voted on April 11 on the proposition special report from Wm. O. Yager, CouDty Treasurer.
of issuing $120,750 of bonds for a bridge accross ship canal,
County seat is Luray.
and on May 9 another election will take place for the purpose
LO A N S—
When Due. T o t a l v a l u a t i o n 1 8 9 2 . . $ 2 , 5 7 6 , 8 1 2
of voting on an issue of sewer bonds to the amount of $506,S h e n a n d o a h V a l l e y P .R .—
A s s e s s m e n t Is % o f a c t u a l v a lu e .
000. An ordinance has passed the City Council authorizing 6 s , J u n e , $ 7 9 , 0 0 0 ............ A u g . 1 , 1 9 0 1 S t a t e t a x ( i t e r $ 1 . 0 0 0 ) ...................... $ 4 - 0 0
S
u
b
je
c
t
,
t
o
c
a
l
l
.
the issue of $110,000 of bonds for the construction of the B o n d e d d e b t J a n . 1 , 1 8 9 3 . . $ 7 9 , 0 0 0 C o u n t y t a x ( p e r $ 1 , 0 0 0 ) ................ 2 - 5 0
R a i l r o a d t a x ( p e r $ 1 , 0 0 0 ) _____ 3 - 0 0
Eleventh Street bridge.
C it y lia s n o flo a t in g d e b t.
D is t . ro a d t a x (p e r $ 1 ,0 0 0 ) ... 1 -5 0
Toledo, 0 .— (State and C it y Supplem ent , page 82.)—City T a x v a l u a t i o n , r e a l ............$ 2 ,0 3 2 , 7 4 0 A v e r a g e s c h o o l t a x .............................. 2 - 0 0
Auditor James H. Pheatt writes us that on May 22 bids will T a x v a l u a t i o n , p e r s o n a l 5 4 4 , 0 7 2 P o p u l a t i o n i n 1 8 9 0 w a s ............ 1 3 , 0 9 2
I N T E R E S T is p a y a b le in L u r a y , V a .
be opened for $497,000 of 4 per cent 30-year water bonds,
dated May 15, 1893.
F o r continuation o f D eb t Chanties see n e x t page.

NEW

NEW

LOAN S.

LOAN S.

NEW

$ 1 0 0 ,0 0 0

$ 2 0 0 ,0 0 0

Salt Lake City, Utah.

C i t y o f S p r i n g f i e l d , M a s s .,

WATER BONDS.
Ci t y T r e a s u r e r ’ s Office ,
>
Cit y H a l l , April 18.1893. $
In pursuance o f orders o f the City Council, ap
proved by the Mayor December 28,1892, and Apr!
11,1893, the undersigned. Treasurer o f the City o f
Springfield, will receive until Friday, April 28,1893,
at 3 o ’clock P. M., sealed proposals for the purchase
o f the whole or any part of Two Hundred OneThousand-Dollar Coupon W ater Bonds. Said bonds
will be dated April 1,1893, and will be payable in
twenty years from date, viz.: April 1,1913, and will
bear i» terest at the rate o f 4 per cent per annum,
payable semi-annually on the first days o f April and
October. Principal and interest payable in gold coin
Of the United States o f America, o f the present
standard o f w -ight and fineness, or its equivalent, at
the First National Bank o f Boston. Maas.
Proposals must Include accrued interest to date of
delivery o f bonds. All proposals will be opened in
the Mayor’s office Fridav, April 28, 1893, at 3 o’clock
P. M. by the Finance Committee, who reserve the
right to reject any or all bids. Address proposals to
the undersigned, indorsed “ Proposals fo r W ater
Bonds.”
E. T. TIFFT, City Treasurer.
Springfield, Mass.

SEWER BONDS.
.

Township o f

10-20-TEAR os.
Issued for municipal purposes; dated July 1st, 189fr
interest payable January 1st and July 1st in New
York City.
Real valuation................................................. ?85,000,000
Assessed valuation......................................... 61.028,650
Total debt, this issue included ................... 1,500.000
Less water debt...............................................
543,618

B O N D S .
Boston,

.

St. Louis,

.
.

St. Louis,

.

.
.

.

Milwaukee,
Chicago,

»
.

.

»
.

.

.

.

Net debt, less than 2 per cent......................
1956,352
Population, estimated at present time, 60,000.
Price and particulars furnished on application.

• 4s

E. H. Rollins & Sons,

3 Ks

•
.

4s

5s
.

4s

State o f Wyom ing,

6s

N. W. Harris & Co.,
STREET,

NEW

C H IC A G O .

YORK.
BOSTON

BLOOMFIELD, N. J.
The Sewer Committee o f the Township o f Bloom 
field, Essex County. New Jersey, Invite bids for
sewer bonds to be issued by the Township o f Bloom 
field. to the amount o f Fifty Thousand Dollars.
This Issue o f bond- will be coupon bonds and bear
date May 1st 1893. The par value o f each bond to be
Five Hundred Dollars, with interest at 6 per cent,
payable semi-annually on May 1st and November 1st
o f each year.
Bonds to the amount o f Twenty-five Hundred Dol
lars shall mature and be redeemed on November 1st,
1894, and on November 1st in each vear thereafter,
up to November 1st, 1912. and Twenty-live Hundred
DoBara o f said bonds shall mature and be redeemed
on May 1st, 1913. The date o f maturity will be ex
pressed in each bond,
T be principal and interest o f these bonds will be
payable at the Bloomfield National Bank.
No bid will be accepted at less than par and ac
crued interest to date o f dellverv, and the Com
mittee reserve the right to reject any or all bids.
All bids shall be sealed and endorsed “ Bids for
S-wer Bonds,” and addressed to W m. L. Johnson,
Township Clerk. Bloomfield. N. J. Bids will he re
ceived up t May 16th, 1893, at 18 o ’clock noon.
The township o f Bloomfield has no other bonded
Indebtedness.
EDWIN A. RAYNER,
___
G. LEE STOUT.
r _ , , . Sewer Committee. Bloomfield Township.
I Dated April 20th, 1893.

B o sto n , M a s s .,
£ 1 6 E x c h a n g e B u ild in g *

NEW

LOAN S.

C h ip p ew a F a lls , W is c o n s in 6 p e rc e n t
D ubuque, I o w a ..................................... 5
“
S io u x C ity. I o w a ................................... 6
“
F in d la y , O hio.......................................... 6
••
C o lu m bu s, O h i o ....-.............................. 6
“
N ew B righ ton , P a ., G o ld .................. 5
“
M usk egon , Hitch.....................................5
**
FOR SALE.
Prices and fa r th e r p a r tic u la rs furnished!
upon ap p lication .

C.

BANKERS,

15 W A L L

N e w Y o r k C ity,
3 3 W a l l S tre e t.

.

4 Per Cent Gold

LOAN S.

H. W H IT E

B O N D S .

BROW NTON, IN D ., .

Pettis County, Mo.
Notice is hereby given that the outstanding bonds
o f Pettis County. Missouri, known as “ Pettis County
Funding Bonds,” being now subject to call and pay
ment, the following o f said bonds will be paid, prin
cipal and accrued interest, at the American E x
change National Bank o f New York, in the City and
State o f New York, on the first day o f May, 1893, to
w it:
Bonds numbered from One (1) to One Hundred
(100) inclusive, for Five Hundred Dollars ($50o)
each, dated May 1,1888.
The holders o f said bonds will take notice that
said bonds and accrued interest will be paid as above
stated and that th« interest on all o f said bonds
called will cease on May 1,1893.
Witness my hand and official seal this 22d day o f
March, 1893.
THOMAS. F. MITCHUM, County Clerk.
•I total .]
mt
(Pettis County H o .

C O .,

7 2 B roadw ay,
NEW Y O R K .

O NEIDA CO., ID AH O ,

BOND CALL.

&

1 8 3 D earb o rn 8 t .,
C H IC A G O , I L L .

.

.
.

.
.

6s
.

6s

BOONE CO., IN D .,
CUSTER CO., S. D.,

6s
-

-

•

-

STO N EW A LL CO., T E X A S , •
LA N SIN G , M IC H .,

.

.

■

.

.

6s
4s

MONROE. M ICH .,
LA JU N TA, COL.,

6s

4s
.

.

.

.

6s

POTOMAC ELECTRIC LIG H T CO.,

8s

BENTON (.Texas) W A T E R CO.,

6s

•

FO R SA L E B Il

Le Roy Davidson,
72 W A L L

STREET, N EW

YORK.

THE CHRONICLE.

6 8 6

Massachusetts— Springfield.— ( S t

a t e

a n d

C

S

it y

u p p l e



page 30.)—The subjoined report of Springfield’s debt
and financial condition has been corrected to date by City
Treasurer E. T. Tiflft. The city is now offering for sale $'200,000 of 4 per cent gold water bonds maturing April 1, 1913.
This city is in Hampden County.
m e n t

,

-Principal,
Outstand’g.
When Due.

LO A N S—
<— Interest . — ,
N A M E AND PU R P O SE.
P. Cl. Payable.
C i t y b u i ld in g s , g 'd ,1 8 9 2 . . .
4g
J& J
C i t y n o t o s ( s c h o o l ) ........................ 4
J & D
do
do
........................ 4
J & D
do
do
( s c h o o l ) ........................ N o i n t e r e s t .
do
do
( p a r k ) ............1 8 9 0 .
3^
F & A
do
do
(s c h o o l)
1890.
M & S
E n g i n e h o u s e b o n d s .1 8 9 1 .
4
M & S
R a ilr o a d b o n d s , 1 8 7 2 - 7 3 ..
7
A & O
------4
J & J
do g’d , 1 8 9 2 ....
do
3*3 g M & N
W a t e r b o n d s .............1 8 7 3 - 7 4 . .
do
do
do
P A R

V A L U E

O F

A

7

A
7
A
6
3*2g A

....1 8 7 3 - 7 4 ..
...................1 8 7 5 . .
g o l d ;..1 8 9 0 ..

do
do
do

J u ly 1, 1902
D ec. 1, 1896
D ec. 1, 1897
N o v .l, ’ 9 3 ’9 4
A ug. 1, 1893
S e p t .l,1 8 9 4 & ’ 9 5
S e p t. 1 , 1 9 0 1
A p r. 1, 1893
* '
*
1906
M a y 1, 1907
A p r . 1 ,1 8 9 4 - 1 9 0 2 )
& O j
$ 2 5 ,0 0 0 y e a r l y . $
A p r. 1, 1903
& o
A p r. 1, 1905
& o
O c t. 1 , 1 9 2 0
& o

$ 5 0 ,0 0 0
1 5 .0 0 0
1 5 .0 0 0
6 ,0 0 0
1 4 .0 0 0
3 0 .0 0 0
2 0 .0 0 0
2 0 ,0 0 0
7 0 ,0 0 0
3 5 ,0 0 0
2 2 5 ,0 0 0
7 7 5 ,0 0 0
2 0 0 ,0 0 0
1 2 5 ,0 0 0

P A Y A B L E . — I n t e r e s t o n b o n d s is p a y a b le a t

t h e F i r s t N a t io n a l B a n k o f B o s t o n , a n d a t C it y T r e a s u r y .
T O T A L D E B T , S I N K I N G F U N D S , E t c — T h e s u b jo in e d s t a t e m e n t
s h o w s S p r in g f ie ld ’s t o t a l a n d n e t d e b t o n t h e d a t e s in d ic a t e d :
A p r . 2 0 , '9 3 .

$ 1 ,6 0 0 ,0 0 0
1 ,6 2 3 ,4 7 1
2 9 2 ,9 9 9

N e t d e b t ....................................................................................................$ 1 , 5 1 8 , 3 7 3
W a t e r d e b t , i n c l u d e d a b o y e ....................................................$ 1 , 3 2 5 , 0 0 0

$ 1 ,3 3 9 , 4 7 2
$ 1 ,3 2 5 ,0 0 0

P R O P E R T Y .—T h e
$ 1 ,6 6 2 ,0 7 0

fo r

1 8 9 2 w a t e r r e c e ip t s w e r e
r e p a ir s ,

$ 6 6 ,8 4 6 ;

..

...........................
...........................
...........................
...........................
...........................

T a x a t io n

..
..
..
..

in

$ 3 9 ,1 4 4 ,5 8 0
3 7 ,2 1 9 ,4 9 0
3 3 ,7 9 5 ,8 6 0
3 2 ,0 0 0 ,6 8 0
3 0 ,3 2 3 ,1 4 0

c it y

v a lu e s

p ro p e rty

of

$ 1 7 1 ,5 8 8 ;

in t e r e s t o n

w a te r

V A L U A T IO N .—T h e

it s

p ro p e rty

a t $ 4 ,0 1 6 ,4 2 0 ’

w a t e r d e p a rtm e n t.

p a y m e n t fo r
lo a n s ,

In

year

c o n s t r u c t io n

$ 8 6 ,3 7 5 ;

b a la n c e

and

to

be

P O P U L A T IO N .— In

1890

LOAN S.

NEW

W ashington, Seattle.— ( S t

D E A L E R S IN

PAPER.

Blake Brothers & Co.,

C

a n d

S

it y

u p p l e m e n t

page

,

G r a n d St r e e t B o n d s —
8 s , M & 8 , $ 2 0 , 0 0 0 .......................................1 8 9 5
( $ 5 ,0 0 0 y e a r l y ) to 1 8 9 8
W a t e r a n d Se w e r B o n d s 5 8 , J & J , $ 9 5 5 , 0 0 0 ............ J u l y 1 , 1 9 1 0

T A X F R E E .— A ll th e
ta x a tio n .
T O T A L

BO N D ED

b o n d s is s u e d

D E B T

on

by

t h is

o it y a r e

Ja n u a ry 1,

e x e m p t fro m

1 8 9 3 , w a 3 $ 2 ,5 6 5 ,0 0 0 ;

w a t e r d e b t ( in c lu d e d i n t o t a l) $ 9 5 0 ,0 0 0 ; f l o a t in g d e b t , $ 5 3 0 ,0 0 0 ; t o t a l
d e b t , $ 3 ,0 8 5 ,0 0 0 .
N EW

B O N D S .— T h e f o llo w in g is a l i s t o f n e w

b o n d s Is s u e d

b y th e

o lt y o f S e a t t le s in o e t h e d a t e o f t h e fo r e g o in g r e p o r t .

BONDS DATED APRIL 1, 1892.
LO A N S—
When Due.
F u n d in g B o n d s —
5 s , A & O , $ 1 3 5 ,0 0 0 ...A p r il 1 ,1 9 1 2
j u d g m e n t B o n d s5 8 , A & O , $ 2 7 5 ,0 0 0 ...A p r il 1 ,1 9 1 2

LO A N S—
W h en D u e.
C o n d e m n a t io n A w a r d B o n d s 5 8 , A & O , $ 2 2 0 ,0 0 0 ...A p r il 1 , 1 9 1 2
G e n e r a l B on d s—
5 s , A & O , $ 2 4 0 ,0 0 0 ...A p r il 1 , 1 9 1 2

LO A N S—
When Due.
W a t e r B o n d s—
5 s , J & J , $ 2 0 5 , 0 0 0 ............ J u l y 1 , 1 9 1 2

When Due.
LO A N SS e w e r B o n d s—
5 s , J & J , $ 1 9 0 , 0 0 0 ............ J u l y 1 , 1 9 1 2

LOAN S.

NEW

THE

Lewis Investment Co.,
D E $ MOINES, IO W A .

Q IV
B C D
G u a ra n te e d F ir s t M o rtO IA
r C n
U C n I
g a g e s o n im p r o v e d lands
I n I o w a a n d E a s t e r n N e b r a s k a . S a f e a n d Desirable

United States Trust Company B u ildin g.

Fifteen Years* Successful Experience.
Send for Pamphlet.

Refunding 4 Per Cent Bonds,

W . A . H O T C H K IS S ,

I n t e r e s t p a y a b le M a r c h 1 5 a n d S e p t e m b e r 15.
C o u p o n b o n d , |l,0 0 0 e a c h . ( E x e m p t f r o m t a x a tio n
in N e w J e r s e y .)
FO R S A LE B Y

W. J. Hayes & Sons,
BAN KERS,

143 Superior 8 t .,d

P R IN C IP A L A N D IN T E R 
E S T P A Y A B L E IN
GOLD.

3 O N D A N D

&

Geo. M. Huston & Co.

SH AW ,

BAN KERS,

G O L D C O IN ,

P A R T I C U L A R S ON A P P L I 
C A T IO N .

BO O KS

HALL,

ACCOUNTANT

A U D IT E D

New f o r m i d e s ig n e d f o r b o o k i o f a o c o o n t .
Stttlement of Intolvent Estate*.

BAN K E R S,
t l8

H x h a n g e B n lld ln g . 53 S t a t e S t r e e t

B o sto n .

H a v e p u rc h a se d fr o m t h e C it y o f

8 4 8 ,0 0 0 $ p e r c e n t 3 0 - y e a r G o ld B o n d s , p r in c ip a l
®Jea * p a y a b le l a N e w Y o r k .
» i » , O 00 w e r e Is s u e d t o r e d e e m s l i k e a m o u n t o f
h ^ m a t u r i n g 8 p e r c e n t B o n d s , a n d t h e b a la n c e f o r
t h e c o m p le t io n o f t h e C i t y 6 a l L

A T L A J N T 1 U M U T U A L 1JNS. U O . S U K 1 T

D ealt in by!

IN VESTM EN T B AN KERS,
G uarantee Loan Building*

r in s

S T R E E T , M B IT

I O

U

M

IN W

E A P O L .IS ,

M

O

T .,

D e a le r s i n t h e h ig h e s t c la s s o f M in n e a p o lis S e c u r i
t ie s , B a n k S t o c k s , M o r t g a g e s a n d B o n d s .
____________CORRESPOND E X CE SOLICITED.

MUNICIPAL SECURITIES
OF
P I T T S B U

R G

A M D

V

I C

I N

I T Y

D ealt In by

Jas. Carothers,

AUGUSTUS FLO VD ,
sa

D E A L E R S

S. H. Wood & Co.,

& C O .,
W M . F R A N K L IN

S T O C K

W e b u y a n d s e ll o u t r ig h t a l l W e s t e r n
M u n ic i p a l B o n d s a n d S t o c k s .
W e .*
c h e e r f u l l y f u r n i s h f u l l a n d r f in a b le I n - k r J
f o r m a t io n c o n c e r n in g a n y W e s t e r n se c u r i t y w it h o u t c h a r g e . M o n t h l y q u o - sa *'■*
t a t io n c i r c u l a r m a ile d t o a l l a p p lic a n t s ,
N e w is s u e s o f m u n ic ip a l b o n d s w a n t e d .

3 0 5 P I N E S T R E E T , S T . L O U IS , M O ,

B A L T IM O R E , M D .

O F IN V E S T M E N T S .

Y O R K .

_________________________________________K
Cable Address,
E N N E T H . ” _______________

F IS H E R

TUSCALOOSA, A1.A.,

N E W

Boston.

in

S T R E E T ,

F IR S t. M O R T G A G E 6 P E R
CENT S T R E E T R A IL 
W A Y BONDS.

IN

B A L T IM O R E ,

1{> yjr^L t

7 Exchange Place.

Price and P articu lars on A pplication.

IS ,

D e a l e r s in M U N I C I P A L B O N D S .
S t r e e t R a i l w a y B o n d s a n d o t h e r h ig h g r a d e
v e s tm e n ts .

R O B E R T W IN T H R O P & CO.,
3 B road Street, New Y ork .

GOLD 5 s.

Wilson, Colston & Co.,

G E O . H . L E W

A c t ’g S e o r e t a r y .______________________ President.

Dated March 1 5 ,1 8 9 3 , due March 1 5 ,1 9 2 3 .

City of Waco, Texas,

NEW Y O R K ,
2 W a ll St.

$150,000.

4 5 & 4 7 WALL STREET.

$ 1 0 0 ,0 0 0

P A Y A B LE

-

H ave R em oved T h eir New Y o r k Office to

NASSAU S T R E E T , N E W Y O R K .

FARSO N , LEACH

LOAN S.

Choice Investments in the most C onservatlve Field in the West*

28 s t a t e ; s t r e e t , b o s t o n .

CH ICAGO,
1 1 5 D earborn St.

popu

I N T E R E S T o n a l l b o n d s I s p a y a b le I n N e w Y o r k a n d o n w a t e r b o n d

CITY OF NEWARK, N. J.,

C O M M E R C IA L

L IS T

1 8 8 0 it w a s

a t t h e o f f ic e o f t h e C i t y T r e a s u r e r a l s o .

Stock Exchanges.

M ARCH

a t e

When Due.
L O A N S F u n d in g B o n d s 5 8 , J & J , $ 4 6 0 , 0 0 0 ............ J u l y 1 , 1 9 1 1

BANKERS,

mem bers o f the New Y ork and Boston

W R IT E FO R

in

143.)—W e give below a statement of the debt, valuation, e tc.,
of this city as corrected to Jan. 1, 1893.
Seattle is situated in King County.

SALE.

P R IN C IP A L

w a s 4 4 ,1 7 9 ;

A c c o r d in g to lo c a l a u t h o r it y t h e

C A P IT A L P A I D U P ,

L IS T S ON APP LIC A T IO N ,

AND

c o u n t y t a x , $ 0 - 7 7 ; - c it y

T h e p r i n c i p a l a n d I n t e r e s t o f t h e s e b o n d s a r e p a y a b le i n g o ld .

INVESTMENT BONDS

IN T E R E S T

$ 1 ,0 0 0
$ 1 3 *0 0
12*50
12*40
13*00
1 3 -6 0

l a t i o n w i t h i n a r a d iu s o f t e n m il e s i s a b o u t 1 3 3 ,0 0 0 .

Lamprecht Bros. & Co.,

6

p o p u la t io n

3 3 ,3 4 0 ; i n 1 8 7 0 i t w a s 2 6 ,7 0 3 .

b o u t 8 5 p e r c e n t ca sh v a lu e :

FOR

$ 5 0 ,7 8 0 ,9 8 7
4 8 ,3 2 9 ,6 3 4
4 4 ,4 9 3 ,6 3 3
4 2 ,0 7 3 ,5 7 3
3 9 ,8 6 3 ,2 5 5

Rate of
Tax per

BONDS DATED JULY 1 1 89 2 .

c it y 's a s s e s s e d v a lu a t io n a n d t a x

r a t e i n d if f e r e n t y e a r s h a v e b e e n a s f o llo w s , r e a l e s t a t e b e in g t a k e n a t

NEW

$ 1 1 ,3 3 6 ,4 0 7
1 1 ,1 1 0 ,1 4 4
1 0 ,6 9 7 ,7 7 3
1 0 ,0 7 2 ,8 9 5
9 ,5 4 0 ,1 1 5

1 8 9 2 in c lu d e s S t a t e t a x , $ 0 * 4 9 ;

c r e d it e d t o t h e s i n k i n g f u n d , $ 1 6 ,3 6 7 .
A S S E S S E D

Total
Assessed
Valuation.

t a x , $ 1 1 * 7 4 ; t o t a l , $ 1 3 * 0 0 p e r $ 1 ,0 0 0 .

D e c . 1 0 , ’9 2 .

T o t a l f u n d e d d e b t ( i n c l u d i n g w a t e r d e b t ) _____$ 1 ,5 8 0 , 0 0 0
T o t a l in d e b t e d n e s s , i n c l u d ’ g c u r r e n t l i a b i l i t ’s
$ 6 1 ,6 2 7
S i n k i n g f u n d s , e t c ...................................................................................

in c lu d in g

1892
1891
1890
1889
1888

Personal
Property.

Real
Estate.

B O N D S . — T h e b o n d s a r e a l l f o r $ 1 ,0 0 0 e a c h .

IN T E R E S T —W H E R E

C IT Y

Years.

[V O L . L V I ,

.

9 0 F O U R T H A V E ., P I T T S B U R G , P A .

THE CHRONICLE.

A pril 22, 1893. J
A S S ES S ED
p e rso n a l

V A L U A T IO N

p ro p e rty ,

in

1892

$ 5 ,9 1 0 ,3 8 5 ;

o f r e a l e s t a t e w a s $ 3 7 ,8 9 2 ,3 3 1 ;

t o t a l , $ 4 3 ,8 0 2 ,7 1 6 ; c o u n t y

(p e r $ 1 ,0 0 0 ) , $ 1 2 - 2 5 ; c i t y t a x r a t e

( p e r $ 1 ,0 0 0 ) , $ 1 2 - 6 0 .

e s t a t e w a s $ 3 8 ,3 8 6 ,7 5 5 ;

p ro p e rty ,

p e rso n a l

6 2 6 ,4 9 5 ; t o t a l t a x (p e r $ 1 ,0 0 0 ) , $ 1 2 - 5 0 .
$ 2 6 ,3 4 0 ,0 0 0 ; t a x

ra te

ta x

In

$ 6 ,2 3 9 ,7 4 0 ;

ra te

1391 re a l

t o t a l,

$ 4 4 ,-

I n 1 8 9 0 t lio t o t a l v a lu a t i o n w a s

(p e r $ 1 ,0 0 0 ) , $ 2 7 - 0 0 ; p r o p e r t y I s

assessed

at

Virginia—Manchester.—( S t a t e a n d C i t y S u p p l e m e n t *
page 148.)—H. A. Morris, Mayor. The following corrected
statement of this city’s debt has been furnished to us by J. W .
Bronangh, Jr., City Treasurer
Manchester is situated in Chesterfield County.

“ a b o u t 8 5 p e r c e n t o f it s a c t u a l v a lu e .”
W A T E R
w o r k s in

W O R K S . — 'T h o n e t i n c o m e
1 8 9 3 , a f t e r p a y in g

th e

LO A N S—
to

in t e r e s t

t lio

on

c it y

fro m

th e to ta l

it s

c it y

F r x i>i N'fr B o n d s —

w a te r

d c lit ,

is

e s t i m a t e d t o li e $ 7 0 , 0 0 0 .
P O P U L A T I O N . — T im

p o p u la t io n

in

1 8 9 0 w a s 4 2 ,8 3 7 ; in

1880 w as

3 ,5 3 3 .
S E A T T L E

S C H O O L

D IS T R IC T

N O .

1

- T h is

s c h o o l d is t r ic t

is

I n K i n g C o u n t y a n d i t in c lu d e s t h e c i t y o f S e a t t le .
B o n d e d d e b t ................................ $ 3 5 0 , 0 0 0 I V a l u e o f s c h o o l p r o p ’ t y
T a x v a l u a t i o n ..........................4 4 , 6 0 7 , 1 6 5 | P o p u l a t i o n 1 8 9 0 w a s . . .

$ 4 5 0 ,0 0 0
4 4 ,9 1 4

W ashington—P ort Angeles.—N. R. Smith, Mayor. The
following is a statement of the financial condition of Port
Angeles, which has been forwarded to ns by P. F. Kiernan,
Treasurer
Port Angeles is in Clallam County.
L O A N S When Due.
M i m <i p h . B o n u s O s , F * A , $ 5 0 , 0 0 0 ...............F c h . l , 1 0 1 2
I n t e r e s t p a y a b le in N e w Y o r k .
B o n d e d d e b t A u g . 1 ,1 8 9 2 .$ 5 0 ,0 0 0
F l o a t i n g d e b t ...................................... 2 1 , 0 0 0

T o t a l d e b t A u g . 1 ,1 8 9 2 .
$ 7 1 ,0 0 0
T a x v a l u a t i o n , r e a l ............ 1 , 2 0 5 , 3 8 0
T a x v a lu a t io n , p e rs o n a l
2 0 4 ,8 7 7
T o t a l v a lu a t io n 1 8 9 2 .. . 1 ,4 1 0 ,2 5 7
C i t y t a x ( p e r $ 1 , 0 0 0 ) ...................... $ 1 0 - 0 0

T a x v a l u a t i o n , r e a l .............$ 3 , 1 2 6 , 9 9 6
T a x v a lu a t i o n , p e r s o n a l 1 ,0 2 0 ,6 2 5
T o t a l v a lu a t i o n 1 8 9 2 .. . 4 .1 4 7 ,6 2 1
A s s e s s m e n t a b o u t to a c t u a l v a l u e .
S t a t e t a x ( p e r $ 1 , 0 0 0 ) .................. . $ 3 - 0 0
C o u n t y t a x ( p e r $ 1 , 0 0 0 ) ............. 6 - 0 0
B o a d & b r id g e t a x ( p e r $ 1 ,0 0 0 ) 2 - 5 0
A v e r a g e s c h o o l t a x .............................. 4 - 0 0
P o p u l a t i o n i n 1 8 9 0 w a s ................4 , 4 2 9
P o p u l a t i o n I n 1 8 8 0 w a s ...............2 , 8 1 1

C H IC A G O .

Jamieson 8c Co.,
S T O C K S —B O N D S ,

1 8 7 -1 8 9 D E A R B O R N

STREET,

C h ic a g o , Ills ,
P r iv a t e W ir e to
l.

& 8.

W O RM SER, N EW

• " L O W E R & C O ., N E W

YO RK.

YO RK.

O P T I O N A L .—A l l o f th e a b o v e b o n d s

, M e m b e r N e w Y o r k 8 to c k E x o h a n g e
i n g s , M e m b e r C h ic a g o S t o c k E x c h a n g e

m

Breese & Cummings,
B A N K E R S AND B R O K E R S ,
111

AN D 113

IHLONROE S T R E E T ,

CHICAGO
S e c u r it ie s lis t e d In N e w Y o r k , B o s t o n o r C h ic a g o
• 4 T i e d o n c o n s e r v a t iv e m a r g in s .

A. O .

S L A U G H T E R , M em b er N . Y . S to ck E x c h a n g e
W M . y , B A K E R , M e m b e r C h ic a g o S t o c k E x c h a n g e

A. O. Slaughter 8c Co.,
BANKERS,

C H IC A G O , I^ L S .

T A X

F R E E . — T h e c it y ’s b o n d s a re a ll e x e m p t fro m c it y

M ORTGAGE RANKERS
125 L A

S A L L E S T R E E T , C H IC A G O .

F i r s t M o r t g a g e s f o r s a le in la r g e a n d s m a ll a m o u n t s ,
n e t t in g in v e s t o r s 6 , 6}^ a n d 0 p e r c e n t , s e c u r e d b y
im p r o v e d a n d in c o m e - b e a r in g C h ic a g o c it y p r o p e r t y .

Principal and Interest payable In G old.
C O R R E S P O N D E N C E S O L IC IT E D .

Fred. G. Frank 8c Bro.
I .O O A L B H C U I U T I H 8 A S P E C I A L T Y ,

ttt* WASHINGTON STREET, CUIOAUO.
Con-Mpondeno. I n v it e d ,

y e a rs

and

sch o o l

D E B T

L I M I T A T I O N — T h e c it y ’s c h a r t e r

lim it s it s

d e b t to

20

per

c e n t o f th e a s s e s s e d v a lu a t io n o f r e a l e s ta te .

Virginia—Mecklenburg County.—( S t a t e a n d C i t y S i p
, page 149.)—The following statement of the (in;.n
cial condition of this county has been corrected by means of
a special report from Geo. N. Wells, Treasurer
County seat is Boydton.
LO A N S When Due.
A t l a n t ic & D a n v il l e B E .—
4 s , S e p t. 1 . $ 1 5 0 ,0 0 0 ..S e p t . 1 ,1 8 9 3
(p a r t e a c h y e a r) to S e p t. 1. 1 9 4 0
I n t e r e s t p a y a b le i n B o y d t o n ,Y a .

T o t a l d e b t J a i l . 2 3 ,1 8 9 3 . $ 1 5 0 ,0 0 0
T a x v a l u a t i o n 1 8 9 2 ............... 2 , 2 5 9 , 9 4 6
S t a t e * C o . t a x ( p e r $ 1 ,0 0 0 ) . $ 1 4 - 0 0
P o p u l a t i o n in 1 8 9 0 w a s _____2 5 , 3 5 9

Washington, Stevens Connty.—The following report of the
financial condition of ihis county has been sent to us by Frank
B. Goetter, County Treasurer.
C o u n t y s e a t is C o lv ille .
B o n d e d d e b t M a y 1 .1 8 9 2 .$
F l o a t i n g d e b t ......... ............................
T o t a l d e b t ................................................
C a s h o n b a n d ........................................

3 5 ,0 0 0
5 1 ,4 4 1
8 6 ,4 4 1
2 6 ,5 3 8

I
|
|
|

N e t d e b t M a y 1 . 1 8 9 2 ..
$ 5 9 ,9 0
T a x v a l u a t i o n 1 8 9 2 _____ 2 , 2 4 6 , 1 3 : >
P o p u l a t i o n i n 1 8 9 0 w a s ................ 4 , 3 4 7
P o p u l a t i o n i n 1 8 8 0 w a s .................1 , 2 4 1

C H IC A G O .

OF

C H IC A G O ,

CHICAGO,

92, 94 Ac 96 WASHINGTON STR E E T.
Capital, paid-up..........................8 1 ,6 9 0 ,0 0 0
Undivided earnings, including
surplus.........................................
2 3 9 ,0 0 0
Deposited w ith State Auditor. .
2 0 0 ,0 0 0
G U A R A N T E E S T IT L E S TO R E A L E S T A T E .
M A K ES A B S T R A C T S O F T IT L E .

B o n d s, E x e c u to r,

R e c e iv e r

and

T ru ste e

fo r

E s t a t e s , S y n d ic a t e s , I n d iv id u a ls a n d C o r p o r a t io n s .
T r u s t m o n e y s a n d t r u s t s e c u r it i e s k e p t s e p a r a t e
fro m th e a ss e ts o f th e C o m p a n y.

I liL i.

C A P IT A L AND SU RPLU S, - 8 3 ,2 5 0 ,0 0 0
IN T E R E S T A L L O W E D O N D E P O S IT S .
T h is B a n k is d ir e c t ly u n d e r t h e ju r is d ic t io n a n d
s u p e r v is io n o f t h e S t a t e o f I l l i n o i s , i s a L E G A L
D E P O S I T O R Y f o r C o u r t M o n e y s , a n d is a u t h o r iz e d
to a c t a s T R U S T E E . E X E C U T O R , R E C E I V E R a r d
A 8 8 IG N E E fo r E S T A T E S , IN D IV ID U A L S a id
C O R P O R A T IO N S .

o f f ic e r s :

J o h n J . M it c h e ll, P r e s i d e n t .
J o h n B . D r a k e , V ic e - P r e s i d e n t .
W m . H . M it c h e ll, S e c o n d V ic e - P r e s i d e n t ,
W m . H . R e id , T h i r d V I c e - P r e s i d e i t
J a m e s 8 G ib b s , C a s h ’r . B . M . C h a t t e l l, A s s ’t C a » h ’r
D IR E C T O R S
J o h n M c C a ffe ry ,
Jo h n B . D ra k e 5
L . Z . L e ite r ,
W m . H . R e id ,
W m . H . M i t c h e ll,
J o h n J . M it c h e ll*
W m . G . H ib b a r d ,
J . C . M c M u llin ,
D . B ._ 8 h ip m a n ,
J . O gden A rm o u r*
F r e d e r ic k T . H a s k e ll.

CORRESPONDENCE SOLICITED.
O F F IC E R S :
G W Y N N G A R N E T T , P r e s id e n t .
A . H . S E L L E R S , V ic e - P r e s i d e n t .
A R C H I B A L D A . S T E W A R T , S e c re ta ry .
C H A 8 . R . L A R R A B E E . T re a su re r.
F R A N K H . S E L L E R S , T r u s t O f fic e r.
D IR E C T O R S :
G w vn n G a rn e tt,
C haa. W . D re w ,
W . D . K e rfo o t,
J o h n P . W i ls o n ,
H o ra c e G . C h ase ,
E d s o n K e ith ,
J o h n G . S h o r t a ll,
G eo. M . Bo gue.
Jo h n D e K o ve n ,
A. H. S e l le r s .
Sam uel B . Ch ase,
C O U N SEL:
W . C. G oud y,
A . W . G re e n ,

J o h n P . W ils o n .
A . M . Pence,

Herman Schaffner & Co.
BANKERS,

Loeb & Gatzert,

c a ll te n

ta x a tio n .

1 1 1 - 1 1 3 B A SAJLI.E S T R E E T ,

Chicago Securities Bought and Hold,

s u b je c t to

Title Guarantee 8c Trust Illinois Trust 8c Saving*
Bank.
Company

and

se

a re

a f t e r d a te o f is s u e e x c e p t in g th e 8 p e r c e n t s t r e e t im p r o v e m e n t b o n d s .

Offer* investor* in real estate securities
R . G L E N D I N N I N G & C O ., P H I L A D E L P H I A .
protection afforded by no other system of
Special attention given to out-of-tow n busi doing business.
I s a u t h o r iz e d b y la w t o a c t a s R e g is t r a r o f S t o c k s
ness. Correspondence solicited*

B. Brke
D M. C u m

5 s , J & J , $ 1 2 5 , 0 0 0 ............J a n . 1 , 1 0 2 4
I n t e r e s t is p a y a b le in M a n c h e s t e r .
T o t a l d e b t J a n . 1 , 1 8 0 3 ..$ 2 8 9 ,7 0 0
T a x v a l u a t i o n , r e a l ............... 2 , 8 0 7 , 0 5 1
T a x v a l u a t i o n , p e r s o n a l . 4 0 0 ,1 9 3
T o t a l v a l u a t i o n 1 8 9 2 _____ 3 , 2 1 6 , 2 4 4
A s s e s s m e n t is 4 -5 a c t u a l v a lu e .
S t a t e , t a x ( p e r $ 1 , 0 0 0 ) ......................$ 4 * 0 0
C i t y t a x ( p e r $ 1 , 0 0 0 ) ......................... 1 4 * 0 0
A v e r a g e s c h o o l t a x .............................. 2 * 0 0
P o p u l a t i o n i n 1 8 9 0 w a s ...............9 , 2 4 6
P o p u l a t i o n i n 1 8 8 0 w a s ...............5 , 7 2 9

J & J , $ 5 7 , 5 0 0 ..............J u l y 1 , 1 9 2 1
J & J , 3 6 , 0 0 0 ..............J u l y 1 . 1 0 2 2
J& J,
1 5 , 0 0 0 ..............J u l y 1, 1 0 2 5
J & J , 3 2 , 2 0 0 ............. J u l y 1 , 1 0 2 7
St r e e t Tm p r o v e .u ’ t & B r id g e —
8 s , M & S , $ 2 , 5 0 0 ................S e p t . 1 , 1 9 1 1
6s, J & J,
3 . 0 0 0 ................J u l y 1 , 1 8 0 3
6 s , F & A , 2 , 0 0 0 ...............A u g . 1 , 1 0 1 0
o> , J & J ,
8 , 5 0 0 ................ J u l y 1 , 1 9 1 7
6 s, J & J,
6 , 0 0 0 ................ J u l y 1 , 1 9 1 0

C H IC A G O .

JM e m b e rs N e w Y o r k S to c k E x c h a n g e ,
C h ic a g o S t o c k E x c h a n g e .

When Due.

6 ft ,
6 s,
5 s,
5s,

p l e h e n t

Washington, Yakima County.—( S t a t e a n d C i t y S u p p l e 
, page 144.)—W e have
received from G. O. Nevin,
County Treasurer, the following detailed statement of the
debt, valuation, & c., of Yakima County.
County seat is North Yakima.

m e n t

•L O A N S When Due.
U i a o Mi r iO N B o n d s —
6 s , J & J , - 8 0 , 0 0 0 ...............J u l y 1 , 1 9 1 2
S u b je c t to c a l l a f t e r t e n y e a r s .
I n t e r e s t is p a y a b le in N e w Y o r k .
B o n d e d d e b t J u l y 1 ,1 8 9 2 ..$ 8 0 ,0 0 0
F l o a t i n g d e b t ...................................... 7 3 , 9 3 6
T o t a l d e b t ...................................................1 5 3 , 9 3 6
S i n k i n g f u n d ......................................... 3 3 ,6 5 1
N e t d e b t J u l y 1 , 1 8 9 2 ................ 1 2 0 ,2 8 5

687

COMMERCIAL PAPER,
1 0 0 W a s h i n g t o n S tr e e t,

C H IC A G O ,

IJ L L .

Cahn 8c Straus,
BANKERS,

The
Equitahle'l rustCompany
IS 5 D E A R B O R N
C A P IT A L ,

P A ID

S U R P L U S ,

-

U P ,

S T ., C H IC A G O .
-

$ 5 0 0 ,0 0 0

-----------------------------

-

-

-

5 0 ,0 0 0

A U T H O R IZ E D B Y L A W T O R E C E I V E an d e x 
e c u te tr u s t s o f e v e r y c h a ra c te r fro m c o u rts , co rp o ra 
t io n s a n d in d iv id u a l s . T a k e s e n t ir e c h a r g e o f e s t a t e s ,
r e a l a n d p e r s o n a l. A c t s a s a g e n t f o r t h e r e g i s t r a 
t io n a n d t r a n s f e r o f b o n d s a n d s t o c k s a n d t h e p a y 
m e n t o f c o u p o n s , i n t e r e s t a n d d iv id e n d s . A le g a l
d e p o s it o r y f o r c o u r t a n d t r u s t f u n d s .
I N T E R E S T A L L O W E D O N D E P O S IT S o f m o n e y,
w h ic h m a y b e m a d e a t a n y t im e a n d w it h > ra w n a f t e r
f i v e d a y s ’ n o t ic e , o r a t a f i x e d d a t e .
T R U S T F U N D S A N D T R U S T IN V E S T M E N T S
a re k e p t se p a ra te a n d a p a rt fro m th e a ss e ts o f th e
co m p any.
D IR E C T O R S :
A Z EL F. H ATCH ,
CHAS. H . H U LBU RD ,
M . W . K E R W IN ,
G EO . N. C U LV ER ,
H A R R Y RU BEN S.
M A U R IC E R O S E N F E L D ,
J. R. W A LSH ,
SAM U EL D. W ARD ,
O TTO YO UN G .

1 28 LA MALLE MT., CH ICAGO!
A General Bunking Business Transacted.
F IR S T M O R T G A G E L O A N S O N IM P R O V E D C IT Y
REAL E S T A T E F O R SALE.
M e m b e r * o f t b e C h ic a g o S t o c k E x c h a n g e .

O F F IC E R S :
J . R . W A L S H , P r e s id e n t .
C H A S . H . H U L B U R D , V ic e - P r e s i d e n t .
S A M U E L D . W A R D , T re a su re r.
L Y M A N A . W A L T O N , S e c re ta ry

THE CHRONICLE,

6 8 8

C H IC A G O .

[VOL. LVI,

M IS C E L L A N E O U S .

L i s x s l

i - o

m

i i a u

k ' S ,

Nassau Trust Co.,
Geo. A. Lewis & Co., Investments in the South, The
101 B roadw ay, B rooklyn, N. Y .
Exchange Banking & C A P I T A L ........................................ $ 5 0 0 ,0 0 0
Trust Company,
BANKERS,

132

IiA M

ill!

Deposits received subject to check at sight, aud
I n t e r e s t a l l o w e d on the resulting daily-dalances.
Certificates o f deposits issued fo r time deposits,
on winch s p e c ia l r a t e s will be allowed.

S T R E E T , C H IC A G O .

C H A R L E S T O N

W e m a l i c a .p e c l a l t y o l
M

U N

IC IP A L

B O N D S

Netting the Investor 4 to 6 Per Cent per
am ium .

List o f Securities mailed upon application.
CORRESPONDENCE INVITED.

Interest commences from date o f deposit.

S . C .,

Authorized by law to act as Executor, Adminis
trator, Committee, Guardian, Trustee. Receiver,
Fiscal and Transfer Agent, and as Registrar o f Stocks
aud Bonds; is a le g a l d e p o s it o r y l o r T r u s t
F u n d s and fo r moneys paid into court.
Loans made on approved collaterals.
Ctiecks on this Company are payable through the
New York Clearing-House.
A. I). WHEELOCK, President.
W ILLIAM DICK,
JOHN TRUSLOW, > Vice-Pres’ts.
F. RICHARDSON, Secretary.
TRUSTEES x
Bernard Peters, John Lough ran.
Wm. Dick,
A. 1). Baird,
W m. E. Horwill, Edward T. Hu 1st,
Darwin R. James, J. B. Voorhees, Jno. McLaughlin,
A. D. Wheelock, A. M. Suydam,
E. B. Tuttle,
John Truslow,
Wm. F. Garrison, Wm.K. W heelock
Jno. T. Willets, O. F. Richardson
Litmus Jewell,
F. W , Wurster
Chas. H . Russell, Henry Seibert.

Transacts a G eneral H ankins and Trust
Business. Savings D epartment. Interest
Allow ed on Deposits.
Investments made (at usual rates o f commission)
in safe and reliable interest-paying Southern secur
ities, and lat mortgage loans on improved city and
town real estate. Correspondence solicted as to all
Southern nvestments. Being within easy reach
o f all parts o f the South thorough and carGfnl inves
tigation can he made o f intended investments by
purchasers.

O FF IC E R S.

M

A N

A G E R

W

A N

T E D .

W e w is h to c o n t r a c t w i t h a g o o d , l i v e m a n to
r e p r e s e n t u s in e a c h la r g e to w n a n d c it y in th e
U n ite d S ta te s .

To

su ch w e

can

o f i'e r a p e r m 

a n e n t , p a y in g a n d le g i'ir n a t e b u s in e s s .
O u r C o m p a n y is in th e lin e o f
A s s o c ia t io n s , w it h th e
o u t th e r is k s

and

B u ild in g L o a n

h e s t fe a tu re s a n d w it h 

exp en se s

o f su ch .

W e fe e l

GEO. B. EDW ARDS, President,
P. N. PICKENS, Cashier.
R. E. MUCKENFUSS, Secretary and Treasurer.
J. LAM B PERRY, Solicitor.
SMYTHE & LEE, General Counsel.

D IR E C T O R S.
A. S. J. P e r r y , o f Johnston, Crews & Co., wholesale

Minneapolis Trust Co.,

dry goods.
W tllia m M. B ir d , o f Wm. M. Bird & Co., wholesale
nainta and oils.
Ja m e s A l l a n , o f James Allan & Co., jewelers.
J. H. F. K o e n ig , with Knoop, Frerichs of ut»„ cotton
exporters.
Geo . B. E d w a r d s , Pres. Eleotrlc Light & Power Co

M I N N E A P O L I S , M IN N E S O T A ,
C

c o n f id e n t t h a t w e c a n a ffo r d t h e h e s t a n d s a f e s t
in v e s t m e n t s in t h is lin e e v e r o ffe re d .
a n d se e.

W r it e u s

C h ic a g o C o -o p e r a tiv e
C o n s tr u c tio n C o .
B o o m s Si! 6 - 6 1 S R i a l t o R n ild in g ,
C H IC A G O , I I I ,

THE

DAGiVSAR.

New brick and stone, European Hotel,
C i»r. U 4ili S r. niul M «< ii«o u A v e ., C h i c a g o .
Adjoining W orld’s Fair Grounds and Rapid Transit.
STRICTLY FIRST CLASS.
Send for circular to
YV. l i l C H A H I ) S O N ,

106 L a Salle Street. Chicago.
Reference—Messrs. A. O. Sl a u g h t e r & Co.,
Bankers, 111 and 113 La Salle Street, Chicago.

P A C IF IC C O A S T .

Merchants National Bank
O F S E A T T L E , W A S H IN G T O N .
UNITED STATES DEPOSITARY
Angus Mackintosh. Pres. I Jno. B. Agen, Vice-Pres.
W m. T. Wickware, Cashier.

Capital, $ 2 0 0 ,0 0 0 |Surplus, etc,, $ 4 0 ,0 0 0
Interest-bearing Certificates o f Deposit
Superior Collection Facilities.
Correspondence Solicited

Merchants Nat’l Bank,
P O R T L A N D , OREGON.
P a id C a p i m i .................................. . $ 1 ,0 0 0 ,0 0 1 )
J. LOEWENBERG. Pres. JAS. STEEL, Vice-Pres.
T. A. M A CRUM, Cashier.
SELLS SIGHT
EXCHANGE AND TELE
GRAPHIC TRANSFERS and ISSUES LETTERS of
CREDIT available throughout, the United States.
DRAW S BILLS OF EXCHANGE on London,
Liverpool, Dublin, Paris, Berlin, Frankfort-on-theMain. and all the irincipal cities o f Europe; also on
Hong Kong.
COLLECTIONS MADE on all accessible Points.

Tacoma National Bank,
F ir s t N a t i o n a l B a n k in t h e C it y ,
T A C O M A ,

W A S H IN G T O N .

FAIRHAVEN,

DIRECTORS.
Samuel Hill, President; W m. II. Dunwoody, First
Vioe-President; H . F. Brown, Second Vice-Presi
dent: Daniel Bassett, Third Vice-President; Clarkson
Lindley, Secretary and Treasurer; Isaac Atwater,
H. W . Cannon, C. G. Goodrich, Jas. J. Hill, A . F.
Kelley, R. B. Langdon, A. H. Linton, W . G. 1 Korthup,
Chas. A . Pillshury and P. B. W inston.

The Largest and Safest Harbor on the Pacific Coast.
The Greatest Area o f adjacent Agricultural Land,
The most Magnificent Forests o f Timber in the world
The finest Natural Town Site and W ater Front
Immense Veins o f the Best Coal In the W est which
produces a coke equal to Pennsylvania. Iron, Silver ead, Gold and other ores. Extensive Quarries o i
e 8andstone fo r building purposes. Valuable normation can be had o f

Metropolitan Trust Co.
ST a n d 3 9 W a l l S treet. N e w Y o r k *

TH E FA IR H AVE N LAND COMPANY,
FAIR H A V E N ,

Paid-Up Capital .........................8 1 ,0 0 0 ,0 0 0
Surplus.......7..................................
8 0 0 ,0 0 0

Designated as a legal depository by order o f
Supreme Court. Receive deposits o f money on in
terest, act as fiscal or transfer agent, or trustee fo r
corporations, and accept and execute any legal trusts
from persons or corporations, on as favorable terms
as other similar companies.
Thomas Hillhouse, Pres. Fred’k D. Tappen, V.-Pres
C. M. Jesup, 2d V.-Pres. Beverly Chew, Secretary.
Georcre D Coanev. Assistant Secretary.

WASHINGTON.
1898.

The United States Life
Missouri Kansas & Texas
Insurance Co.
IN g T IIE C IT Y O F N E W Y O R K .
Trust Co.,
OFFICERS.

KANSAS

GEORGE H . B U R F O R D , President.

SAW F R A N C IS C O , C A L .
UNITED STATES DEPOSITARY.

CAPITAL,,
.
.
.
3 1 ,3 0 0 ,0 0 0
SU RPLU S,
8 8 5 0 ,0 0 0
S. (j, M u r p h y , President. E. D. M o r g a n , Cashier
J a m is Mo i u m , Y .-P res. a . W . Ki . in «, Asst. Cash.
G E N B R A G B A N K I N G B U S IN E S S .
A C C O U N T S S O L IC IT K P

MO.

O F F IC E S :

86 Wall St., New York.
139 Chestnut St., Phila.
7 Warmse8gracht, Amsterdam, Holland.

SECURE BANK VAULTS.

M E R C IA L P A P E R ,

P A ID C A P I T A L ...................8 1 ,‘2 5 0 ,0 0 0

S U R P L U S ......... ...................
UNDIVIDED P R O F IT S .......

Union Loan & Trust Co,
SIOUX CITY, IOWA.
INCORPORATED 1885.

C A P IT A L , P aid Up In Cash....$ 1 ,0 0 0 ,0 0 0
SU R P LU S......................................
2 0 0 ,0 0 0
D E A L E R S IN

H IG H G R A D E

COM

A s u p p l y of

w h ic h I t a lw a y s h a * o n h a n d
M a le at Current R ates.

W E L D E D C H R O M E S T E E L A N D IR O N
in Round and Flat Bars and 5-ply Plates and Angles
FOR S a f e s , VAID.TS, &e.
Cannot be Sawed, Cut., or Drilled,' and positively
Burglar-Proof.
chrom e

:

,

stem s l w o r k s

8ole Man’ f ’era in the U. S. • BR O O K LY N , N. Y.
W

A

L

S

H

&.

F L O

Y

No. 'Hi Broad Streef,
S T O C K

B R O K E R S .

D

,

OO

3 0 0 ,0 0 0 00
74 ,99 4 62

A R T H U R E. STILW ELL, Pres.
BOARD OF DIRECTORS.
W . S. Wof-d,
C. A. Dean,
E. L. Martin,
J. McD. Trimble, A. E Stillwell,
A. A. Mosher,
W . S. Taylor,
J .E . Mclveigban, H. A. •loyd,
B. F. Hobarr,
Unas Clark.
E. P. Merwin.
C. E Granniss, A. Heckscher,
Wm. W ater ail,
W . H. Lucas.
W . D. Black,
Dr. H. A1. Howe,
John F. Dryden, E. W. Marsh,
E. Henry Barnes.

for

M U N ICIPAL, CORPORATION AND
SCHOOL BONDS.
No .Stronger L oan and Trust Company in
the W est. Correspondence Solicited.
GEO. L . J O Y , Pres.
A . 8, G ARRETSO N , Vice-Pro*.
E. R . SM IT H , Sec’ y.
Prompt Attention Given to Collections.

G E N U IN E

O F

C IT Y ,

BRANCH

C. P. FRALEIGH ............................................ Secretary.
A. W H E E L W R IG H T................. Assistant Secretary.
WM. T. STANDEN......................................... Actuary,
A RTH U R C. P E R R Y ......................................... Cashier
JOHN P. MUNN................................ Medical Director
FINANCE COMMITTEE.
GEO. G. W ILLIAM S............. Pres. Chem. Nat, Bank
JULIUS CAPLIN......................................... Dry Goods
JOHN J. TUCKER..............................................Builder
E. H. PERKINS, JR., Pres. Imp. & Traders’ Nat. B ’k.
The two most popular plans o f LIFE INSURANCE
are the CONTINUABLE TERM POLICY which
gives to the insured the greatest possible amount of
indemnity in the event o f death, at the lowest possi
ble present cash outlay; aud the GUARANTEED
INCOME POLICY which embraces every valuable
feature o f investment insurance, and which in the
event o f adversity overtaking the insured may be
used as COLLATERAL SECURITY FOR A LOAN,
to the extent o f the full legal reserve value thereof,
in accordance with the terms and conditions o f these
policies.
Good Agents desiring to represent the Company,
are invited to address J . S . G A F F N E Y , Super
intendent o f Agencies, at H om e Office.

General Ranking Business Transacted.
Special Attention to Collections.

The First National Bank

§ 5 0 0 ,0 0 0 .

Cable Address “ T ru st” M inneapolis.

W . B. Blackwell. Prest. II. O. Fish back, Cashier.
John Snyder, Vice-Prest. I.M . lleilig. Asst. Cashier

F R A N C IS C O .

L ,

P . O . B O X 1 ,0 0 0 .

FUTURE METROPOLIS OF PUGET SOUND
destined to be the great Manufacturing and Commercial Center because it has

1850.

P I T A

DEPOSITORY FOR W ILLS.

BELLIN G H AM B A Y ,

Paid-up Capital...............................# 2 0 0 ,0 0 0
Surplus............................................... # 1 0 0 ,0 0 0

SA N

A

(teal Estate Loans. Safety Deposit Vault*.
Acts as Executor, Trustee and Guardian.

| MerchantsNational Bank
|

T A C O M A , W A S H IN G T O N .
(OLDEST BAN K IN TH E CITY.)

^

I n t e r e s t P a id

on

T im e

D e p o s it s .

| C a p i t a l ............................... ...................... # 2 5 0 ,0 0 0

Surplus and Undivided Profits

8 100,004

Correspondence solicited. Collections a specialty,
Full text of Commercial and Financial Chronicle : April 22, 1893, Vol. 56, No. 1452

FRASER
