Full text of Commercial and Financial Chronicle : April 23, 1898, Vol. 66, No. 1713

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Quotation -Supplement (M t% -Street Railway<Siipplement (g a a
o )
n
un ^
Jnvestons-Siipplement (q^ ^ State, andCity Supplement
u
(Entered according to Aot o f Congress, in tue year 1898, b y tbe W illiam B. D ana Com pany , in the office Of the Librarian of OongreMk

SATURDAY, APRIL 28, 1898.

Y O U 66.
% h t

< & h x o u x tlz .

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P o s t O f f i c e B o x 958.
NEW YORK.

CLEARING SO U SE RETURNS.
The follow ing table, made up by telegraph, eto., indicates
that the total bank olearings o f all the clearing houses of
the United States for the week ending to-day, April 23, have
been $1,118,280,757, against $1,131,965,239 last week and
$958,395,418 the corresponding week o f last year.
Week Ending April 23.

Cl e a r i n g s .

Return» by Telegraph.

1898.

N ew Y o r k ............................... .
B oston . . . . . . . . . . . . . . . . . . . . . . . .
Philadelphia..............................
B a ltim o r e ................................. .
C h ic a g o .................. ...
St. L ou is .............. ....................
N ow O rleans.......... .

$512,453,521
67,391,905
57,524,523
13,780,007
. 101,016,071
23,286,529
6,998,568

$450,788,926
68,413,901
62,543,645
11,856,225
68,992,431
22,416,838
6,803,238

S even cities, 5 d a y s ..........
O ther cities, 5 d a y s........... .

$782,451,124
150,011,214

. $681,820,204
125,271,416

T otal a ll citie s, 5 d a y s ....
A ll cities, 1 d a y ......... ..............

$932,462,338
185,768,419

$807,091,620
151,303,798

1897.

New York............
Philadelphia.........
Pittsburg...............
Baltimore..............
Buffalo..................
Washington..........
Rochester.............
Syracuse...............
Scranton..............
Wilmington.........
Binghamton........ Total Middle....Boston..................
Providence............
Hartford...............
New Haven...........
Springfield...........
Worcester.............
Portland...............
Fall River............
New Bedford....... .
Total New Hng...
Chioago..................
Cincinnati.............
Detroit..................
Cleveland..............
Milwaukee............
Columbus.............
Indianapolis........
Peoria..................
Grand Rapids......
Dayton........
Lexington...........
Kalamazoo...........
Bay City..............
Rockford.............
Canton.................

Evansville*..........
Tot. Mid. West’r.
San Francisoo......
Sait Lake City.....
Portland..............
Los Angeles........
Per Oent. Helena.................
Tacoma................
+13-7 Seattle.................
- 1 - 5 Spokane...............
Fargo...................
+ 9 5 Sioux Falls..........
+16-2
Total Paeiflo....
+46-4
Kansas City.........
+ 3 9 Minneapolis.........
+2-9 Omaha.................
St. Paul...............
+14-8 Denver................
+19-7

St. Joseph ..........
Des Moines..........
Sioux City...........
Lincoln...............
Wichita...............
$958,395,418
+16-7 Topeka.................
T o ta l a ll oities fo r w e e k -. $1,118,230,757
Frémont...............
The full details o f olearings for the week covered by the Hastings..............
Tot. other West
above statement w ill be given next Saturday. W e cannot,
St. Louis..............
o f course, furnish them to-day, bank olearings being made New Orleans........
up by the various clearing houses at noon on Saturday, and Louisville............
Galveston.............
henoe in the above the last twenty-four hours o f the week Houston....!........
Savannah............
have to he in all oases estimated, as we go to press Friday night. Richmond............
Memphis...........
W e present below our usual detailed figures for the pre­ Atlanta................
Nashville... .......
vious week, covering the returns for the period ending with N orfolk..............
Fort Worth.........
Saturday noon, April 16, and the results for the oorres. Augusta...............
Birmingham.........
+15-5
+22-8

1898.
«
680.9i 7.708
66,125.229
19,209.911
17,971,760
8,953,744
1,964 346
1,712.729
1,286.641
880,101
821.012
352,500
745,154,701
93,153,020
5.144.400
2,172,606
1,544,814
1 457.012
1,860,481
1,453,936
782,160
617,585
606,904
108,992,406
103 860,775
14.260,600
6,184.14»
7,186.71(1
4,552,303
4,850 500
2,488,441
1 027,112
1,059,661
986,353
780,388
429,581
339,22b
313,100
227 413
247,426
177,971
228,294
204,551
740.226
139,850,011
17.472.077
1 478.853
1,914.881
1,501,867
000,103
951,976
1691,800
843,806
285,002
109,221
26.815,685
12,047.119
7,011.205
6,080,502
3,759.919
2,750.789
607,243
3,010.785
1,275,000
759,725
339,369
427.787
405 785
109.211
130.167
88,374,600
30,001,448
9.588.085
6.848.589
2,471,1*60
2 816,000
1,843.785
2,445.189
2,223.978
1,406.330
1,300.142
900,705
800.0< 0
077,099
492,605
563 550
280.000
211,580
377.873
514 000
- 05,777,330
1,134,965,239
504,017,531
8.721,075
7,506,218
1,050,000
1.257.169
702 012
454 895
19,811;359

ponding week in 1897, 1896 and 1895 are also given. Con­
Little Rock..........
trasted with the preceding week, there is a decrease in the Jacksonville........
Chattanooga........
aggregate exohanges of about four and a half million dollars, Macon..................
Total Southern..
hut at New York alone the loss is thirty-five millions. In
Total all............
comparison with the week o f 1897 the total for the whole
Outside N. York.
country shows an increase of 21 7 per cent. Compared with
the week o f 1896 the current returns record a gain o f 11*5 Montreal.............
Toronto.................
Halifax. ...............
per cent, and the excess over 1895 is 14-4 per cent. Outside Winnipeg..............
o f New Y ork the excess over 1897 is 18*4 per cent. The in­ Hamilton....,.......
St.John..... .........
crease over 1896 reaches 9*4 per cent, and making oompariTotal Canada....
son with 1895 the gain is seen to be 16*6 per oent,
C * Not inoluded la totals.




NO. 1713.
Week ending April 10.
1 1898.
1897.
1896.
P. Cent.
$
«
507,010,608 +24’4 656,906 17$
52,444.615 +20 1 67.699.728
14,501.421 +83-6 18.058.051
12.628.307 +423
14 49K.046
3,375.37« +171
4.118.019
1,799,34«
+8«
2,076.004
1.695.701
+7S
1,587,267
1,000 0 *# +22'f
8
1,001.827
051087 +33 6
739,412
637.771 +289
941.942
847,600
+1-4
870,300
595,998,591 +25-0 663,591,528
93,938.968
-0 8
80.136.379
6.398.00C
-4 7
6,444.800
2,211.281 +11 8
2.496.332
1,364,740 +132
1.497,951
1,423.181
+25
1.876+61
1,520.22« +22 4
1.448.715
1,815,90« -t-10‘5
1,700,907
716,326
+92
809.33a
693,939 - l i t
676,018
724,948 -30-1
678,-50
104,806,574
—
0-3 103,229,542
78.578,010 +32*2 92,037.034
18,427.200 +14-7
12,524.8 0
5.421.020 +141
5.810,100
6,281,629 +13-0
6,925.811
4,249,235
+7-1
6.028.042
4,013,00.
+84
4.000,200
2,149,295 +15 8
2.332.136
1,413.260 +15 1
1.899,904
1,686.181
—16
1,352.238
688 403 +43«
800.100
099,232 +12-4
788,365
302,230 8-42M
826,440
235,001 -j-44 3
312,543
253,00
j-23'<
254.920
107,009 +36-9
257 388
225,70
+9'8
306 830
167.082 + m
171.000
-f 6*2
215 000
231,413
119,161,043
14,753,418
1,172.045
954.061
1,314,190
600,00 j
42*,682
528,202
542,570
138,200
48.931
20,380,205
11.429,588
4.700 530
4,279 208
2.842.540
2,287 973
450.809
1,202.903
1,004.032
403.850
352,171
401,582
333,040
52,964
66,020
29.953,883
27.941,111
6,372.499
6.808,9*5
2.177,200
2.778,733
2.137 963
2,895 629
1.318.237
1,506,553
1.036.262
780,758
701.842
798.161
382,007
392,617
301.004
240.762
239.510
484,000
~ 67,804.368
932.684,609
425,0-4,001
9.757.321
5.028.865
1.107,100
P54.497
530.020
501,417
v 18,484,782

+258
+18*4
+201
+11)0 0
+W8
“f*21*2
+1221
+2013
+56'6
+106-2
-j-1
23*2
+ 3P0

135 918.901
12.630.433
1.192125
991.770
1,174.521
652893
6*9,501
632,023
402.402
173.723
108,929
18.348.435
10 351 130
5,770.998
4,092 303
4.290.188
2,912,020
724 477
1,2-0,000
1,117.372
634,493
250.100
492 489
370,404
42.722
51,017
32,980,916

1885.
500.382,3m
72 850 071
17,227,481
13.785.571
8 083,848
1.8o6.'i88
1.418,818
944,584
808 861
753.338
360.004
678,681,658
' 78.760 24%
5,369 400
2,114.280
1.354 874
1.222 118
1.127.048
1,277,601
724,818
538 684
440,800
" 83 838,085
82.108,381
12 656,760
6 684 238
6,001,807
4 204.188
3.144 200
1,203.004
2 013,774
809,50«
059,984
266,421
222.U1
297.081
287.338
161.109
118,007
118.142,404
18.408 66$
1,283,705
980.84$
V
67.044
461,783
630 297
503,464
8ri4 560
134.645
61.431
16 846,428

,+g*4
8+97.631
+47 1
5.052 209
8-32 7
8 428619
+B2 8
4,279,034
+20-8
2,656.247
+34 8
+150*3
1.160,m
+27-0
1,330.300
+63'8
640.78S
—
3
849,680
+0 6
492,681
+39«
484.248
+107-0
50.8C8
+41 2
64,30«
+28-1
30,394,868
+7*4 24,144,707 24.689.455
+49-7
9,083 031 10.006 24 8
+10-7
6,443 154
6,073,973
+135
2,261,172
1,894.930
+13
2.250 000
1 943.754
—13-8
1889.183
1,839.095
+21
2.234.801
2,270.983
+08-7
1.859,099
1.022.081
-10-2
1.0.61.017
1.203.055
920,268
+250
980.988
+82-9
941.729
851.238
+14-0
750.005
048.0c 9
488.33«
—
14-0
504.970
808,770
448-1
391,611
+43 6
399,282
— 0
7
376.498
324.94»
-120
298.908
334,355
232,470
+57-0
222.155
+0-2
•*•«009«
+ 137
55,397,416 60,671,780
+ 21*7 1,017.402 03« 992 475,868
+18-4 400,555,966 432,14^,47«
-10*0
9.352,986
8.818.684
+844
0,297.529
5,408,569
— 2
5
1,143-041
1.037 687
+31*7'
1.051,848
631,065
608,923
667,77*
-9-4,
+7'2* 18+14,7221 16.658.57«

THE CHRONICLE.

782

[V ol . LXV1.

many cases that we hear reports of extensive cancella­
tions of orders as well as small spot sales and tardy col­
A peaceful termination of our negotiations with lections.
Hence it is felt that the spring require­
Spain has become daily less promising, until as the ments for money will be earlier and more urgent than
week closes a state of war actually exists. The de­ usual; and it has been to anticipate and to be pre­
mand made under the resolutions which were passed pared to meet these which has led to the conferences
by the two Houses of Congress on Tuesday, and signed referred to. Our larger institutions now feel assured
by the President on Wednesday, admitted of no an­ that ample funds are available to extend liberal ac­
swer except the one received, since the only alternative commodations to all their patrons, and this is now
offered Spain was to fight or give up Cuba. Moreover being done at 6 per cent, and that there is no suf­
the resolutions abandoned all reasons previously stated ficient reason for any action of the Clearing Housefor our action and substituted a declaration having Association.
in it the aroma of gunpowder, containing an abstract
Brokers in commercial paper look for a liberal sup­
statement as to the inherent rights of Cubans and ply in the immediate future as the result of mercantile
breathing throughout the spirit of the Monroe D oc­ requirements above noted. The only demand which
trine. To be sure there was a sort of preamble at­ now exists for such paper is from banks in the interior,
tached, but the body of the document wholly ignored not alone in near-by cities, but almost everywhere
it by going outside of the grievances it alluded to, •throughout the country. These banks have withdrawn
and fixing upon this new, and in these proceed­ their balances from Hew York, apprehending trouble ;.
ings heretofore unexpressed situation, as the cause they cannot affo d to keep their money idle, and
of offense,— the real animus for a war.
In the therefore they resort to this market through their cor­
opening section was the basic idea and the other respondents or through brokers, and make fairly lib­
propositions followed as a direct sequence.
eral purchases of the best names offering. Ho paper is,
It stated— “ First, that the people of the Island of however, sold below six per cent, and much of it
Cuba are and of right ought to be free and inde­ commands a higher rate. This out-of-town buying of
pendent.” “ Second, that it is the duty of the United paper does not materially relieve the situation so
States to demand, and the Government of the United far as the merchants are concerned; it simply
States does hereby demand, that the Government of enlarges the market for paper without causingSpain at once relinquish its authority and government any reduction in rates.
The bank statement
in the island of Cuba and withdraw its land of last week showed a further falling off in.
and naval forces from Cuba,” &c. Third, that loans, legal tenders and deposits. The loans were
the United States call into use its entire naval contracted by $7,697,900, making a loss of $66,and land forces to compel this relinquishment and 829,800 since February 19, a contraction largely
withdrawal. We submit that it would hardly be pos­ due to liquidation on sterling collateral. Specie was
sible to prepare a more offensive document or more increased $4,554,400, while legal tenders were re­
peremptorily to close all negotiations. It worked, as duced $3,824,200, and therefore there was a gain
We assume it was intended to work, expeditiously and of $730,200 in cash. Deposits were reduced $6,317,effectually. And yet is there any one of us who would 600, a loss of $75,164,500 since February 19. The
not now feel a little more comfortable had the framers surplus reserve was increased $2,309,600, to the
of the resolutions left them in the form the House highest point of the year. Under normal conditions
first adopted; or at least if they had not compelled this reserve would be ample for all the requirements
service on Spain of so bald and forceful a notice to of the m arket; and as the movement of cash to the
quit, but had used some little diplomatic drapery to interior has already lessened, and is likely soon to cease
hide the rougher features of the summons?
entirely if affairs move along smoothly, there seems to
What is likely to be the effect of hostilities on our be no present reason for the long continuance of a
industries, becomes in turn the engrossing question. close money market.
Barring mishaps, some recovery ought soon to be in
The Anti-Trust Law passed by the legislature o f
progress. There can be no mishaps unless the boastful 1897 has received another set-back this week. An
spirit and belief in speedy results, which has been the impression has prevailed that because the decision of
teaching of our war press, should pervade naval circles the Court of Appeals handed down on Tuesday last
as well, and lead to undue haste or lack of proper cau­ dismissed the appeal on a question of practice, that
tion. Assuming that the progress of events in military therefore the Court's action does not affect or concern
and also in Congressional circles is such as to tend to the enforcement of the law.
That view of the
increase confidence, the recovery of business activity case is quite far from the tru th ; the decision*
cannot be doubted. The state of the money market leaves the law in such a condition that it cannot
has caused some anxiety, but we look for early relief be used as the authorities attempted to use it in this
in that direction. Many departments of trade have case against the coal railroad companies. It will be
suffered such a decided stoppage in transactions and remembered that the petition which is now held to be
likewise in collections that to help merchants who insufficient was made in a fishing proceeding to obtain
required help has been the concern of on'* banks.
evidence of the existence and purposes of a trust
There have been several conferences during the claimed to have been formed by the coal roads. The
week among members of the Clearing House Commit­ object was two-fold— first to vex and trouble the officers
tee of the Clearing House Association for the purpose and management of companies by taking their time
of considering the financial situation and the require­ in requiring their presence at a public examination
ments of the commercial community. These confer­ not conducted under the rules which restrict evidence
ences have shown that as a rule merchants are, at in courts of law, and therefore not confined to mat­
the moment, obtaining 'from their respective banks ters material to the proceeding; and, second to displayall the accommodation
they need.
But the zeal and gain notoriety in the prosecution of m m re­
suspension of business ha,s been so extreme in puted to be wealthy, and of corporations charged with

THE F IN A N C IA L S IT U A T IO N




A

p r il

23, 185)8.]

THF, CHRONICLE.

combining to oppress the poor, and thereby help make
the party engaged in this work popular with thé
masses. The petition in this case charged that the
railroads named entered into a certain illegal contract,
arrangement, agreement or combination limiting the
product of anthracite coal; that the presidents of said
roads have knowledge as to such illegal contract; that
the petitioner is desirous of examining such persons
under oath for the purpose of determining
whether an action should be commenced. These
allegations were all stated on information and
belief. Now it seems that the Courts hold
under Section 5 of the Trust Act that this kind
of a petition is insufficient. That section provides
that if it appears to the satisfaction of the Court that
such order is necessary, then such order shall be
granted. Judge Merwin said that “ the opinion and
desire of the petitioner is not enough;” that the Jus­
tice must have facts, not opinions, before he can act,
and no facts are given. As no such facts can be
proved and no such petition can be sworn to except
on rumor and belief, the execution of this fishing
provision of the law is no longer feasible.
The war with Spain is such an all-controlling in­
fluence that other events seem insignificant alongside
of it. Y et it is not well to ignore as bearing upon
the condition of the railroads that rates, are becom­
ing steadily more demoralized. This week reports
have been received from Chicago saying that eastbound rates to the seaboard had gone all to pieces,
that the Joint Traffic Association was no longer able
to exert any control over the situation, and that
grain all-rail was being taken at 10@12 cents
per TO lbs. to New York. It was added that these
O
were the lowest figures in years, if not the lowest on
record. It is impossible that there should be any
profit in moving freight at sueh prices. Let any one
make a calculation and he will find that a rate of 10
cents per hundred pounds is equal to only about onefifth of a cent per ton per mile. The special cause
for the further break in rates appears to have
been the fear that the United States Supreme
Court will declare the Joint Traffic Association ille­
gal, as it did a year ago the Trans-Missouri Freight
Association. The case is now before the Court, and
rumors have had it that an early decision would be
rendered— that indeed the Court’s opinion might be
expected any week now. These rumors appear to
have been based on mere surmise, but there
can be no doubt that nearly all the traffic associations
have lost their influence since the Supreme Court
decision of last year. Evidence of this is furnished
in the fact that west of Chicago the situation
is as bad as east of that point. It was announced on
Thursday that one of the Western roads was going to
make another reduction in the rate for packing-house
products from the Missouri Eiver to Chicago, reducing
it to only 10 cents per 100 lbs., or 13| cents less than
the old rate, and that under this tariff the packers
would be able to ship to New York for 23 cents
per 100 lbs., or 30 cents less than the old tariff.
Hitherto the roads have had as a counterpoise
to the low rates the certainty of a greatly
increased traffic arising out of the revival in business,
but the outbreak of hostilities with Spain takes away
this prop. It behooves Congress therefore to furnish
the needful relief by giving authority to make agree­
ments for the maintenance of rates. . With a foreign
war on the country’s hands, it would be the height of




78S

folly to keep any of our industries in a crippled state
— most of all the greatest in the country.
Money on call, representing bankers’ balances, ha s
been somewhat easier this week, mainly because of thei
restricted business on the Stock Exchange, and also f o .
the reason that lenders of money are confining their
offerings to this branch of the market. Loans were ati
3% and at 2 per cent on Monday ; at 3 and at 2 per
cent on Tuesday ; at 3 and at 1£ per cent on Wednes­
day ; at 3 and at 2 per cent on Thursday, and at 3 and
at 1£ per cent on Friday. The average for the weekhaa
been about 3 per cent. Banks and trust companies
quote 4 per cent as the minimum. The business in
time loans is extremely limited, and the only transac­
tions noted are for long periods, for which there ap­
pears to be a small inquiry. Rates are 6 per cent for
all dates. The business in commercial paper is con­
fined to the interior, scarcely any of the city institu­
tions being in the market, for all the banks find full
employment for their money in discounting for their
customers. Rates are 6 per cent for sixty to ninety
day endorsed bills receivable, 6@ 7 per cent, for
prime and 7@9 per cent for good four to six months'
single names. A few only of the larger banks are
fairly well supplied with currency, and the majority
of the institutions are deficient in this respect. Last
week’s bank statement showed an average of $4,537,900 in the Fourth National, $3,280,700 in the City,
$2,782,000 in the Park, $3,329,000 in the Chase, $2,836,300 in the Western, $2,453,800 in the Hanover,
$2,302,000 in the American Exchange, $2,046,100 in
the Chemical, $2,163,000 in the Manhattan, $3,390,?
000 in the New Y ork, and $11,106,500 in eight of the
other large banks. The movement of money to the
interior continues, but not on so large a scale; in
many cases gold is shipped instead of currency,
The Hispano-American crisis has had a disturbing
influence upon the London and Continental mar­
kets this week, and on Wednesday and Thursday
there was a sharp fall in Spanish 4 per cents to the
lowest point yet recorded. Consols were affected by
dearer money and American securities were unsettled?
There was some apprehension on Thursday of trouble
at Paris at the next settlement in consequence of the
fall in Spanish 4s, the transactions in which have been
very large.
The Bank of England minimum rate
of discount remains unchanged at 4 per cent.
The cable reports discounts of sixty to ninety
day bank bills in London at 4 per cent. The
open market rate at Paris is 2 per cent, and
at Berlin and Frankfort it is 3\ per cent.
According to our special cable from
London,
the Bank of England gained £833,610 bullion during
the week and held £30,270,078 at the close of the week.
Our correspondent further ad rises us that the gain
was due to the import of £599,000 (of which £236,000
were from Germanv, £200,000 were from Egypt,.
£101,000 were from Australia, £32,000 were from
France and £30,000 were from Austria), to receipts
from the interior of Great Britain of £335,000 net and
to the export of £100,000, of which £75,000 were to
New Y ork and £25,000 to Montreal.
The foreign exchange market was dull and with­
out special feature until Thursday, influenced by
suspense regarding the outcome of the HispanoAmerican complications ; then the signing of the
intervention resolution by the President and the
sending of the ultimatum to Spain seemed to im^
part some activity.
Long sterling was easier in

784

THE CHRONICLE.

to«
81
81
84«
81
84«
81
(4 «
84«
51
84«
81
84«
81
84«

to «
84
el
84«
81
84«
81
84«
81
84«
81
84«
81
84«
81
84«

80«
84
81
84«
81
84«
81
84«
81
84«
81
84«
81
84«
81
84«

80«
84
81
84«
81
t4 «
81
14 «
ei
84«
81
84«
81
84«
81
84«

80«
84
81
84«
61
84«
81
•4«
.81
84«
81
84«
81
84«
81
84«

80«
84
81
84«
81
84«
81
84«
84)4
81
84«
81
84«
bl
84«

| The market closed strong on Friday with rates for
,
actual business 4 79f@ 4 80 for sixty day, 4 83f@ 4 84
for sight and 4 844@4 84f for cable transfers. Prime
commercial 4 79|@4 79^ and documentary 4 78f@
4 79f. Cotton for payment, 4 78f@ 4 79; cotton for
acceptance, 4 79@4 79^, and grain for payment, 4 79£
@ 4 79*.
1 The following statement gives the week’s movement
0 1 money to and from the interior by the New York
;bunks.
Week Ending April 23,1898.

Received bp Shipped by
V, Y. Banks. IV. F. Banks.

Net Interior
Movement.

C urren cy......... ....................................
S o ld .__ ....................... ..........................

$4,073,000
294,000

$4,600,000 Loss. $527,000
1,800,000 Loss. 1,506,000

T o ta l g o ld and le g a l te n d e r s ___

$4,367,000

$6,400,000 Loss.$2 033.0C0




Banks’ in terior m ovem ent,as above
iub-T reas’y opera’s &gold im ports..

Cut of
Banks.

in to

Banks.
$4,367,000
41,800,000

Net Change <n
Bank Holdings.

$6,400,000 Lo 8.$2,033,000
33,000,000 Gain. 8,800,000

T otal go ld and lega l te n d e rs ....... $46,167,000 $39,400,000 Gain $6,767,000

The following table indicates the amount of bullion
in the principal European banks this week and at the
corresponding date last year.
April 21, 1898.

Bank of

Gold.
£

30,270,078
74,313,332
28.653.000
112.827.000
36.589.000
9.761.000
14.420.000
Netherlands. 2.881.000
Nat.Belgium. 2,711,000

Kngland........
F ra n ce ......
Germ any....
R u s s ia .......
4ust.-Hung’y
4pain. ..........

April 22, 1897.

Silver. | Total.
I
£
1 30,270,078
48,680,491 123,003,823
14.711.000 43,269,000
4.274.000 116,601,000
12.545.000 49,134,000
10.279.000 20,040,000
1.837.000 16,257,000
6.896.000 9,777,000
1.355.000 4,036,00<

Gold.

| Silver.

£

6*

Brown B ros........ 160 days.
XSight...
Baring,
S60 days
M agoun & Co.. t Sight...
Bank British
i 60 days
No. A m erica.. 1 Sight...
Bank o f
$60 days
M ontreal........ ( 8ight...
Canadian Bank $60 days
o f Commerce.. ( Sight...
H eidelbach. Ick- 5 60 days
alhelmer & Co ( Sight...
(60 days
L aiurd Freres.. 1 Sight...
Merchants’ Bk. (60 days.
OfCanada........ •S ight....

Week Ending April 22,1898.

be
G

FBI.,
toks
MON.
W SB.. T atra..
FBI..
Apr. 15. Apr. 18. Apr. 19. Apr. £0. Apr. 21. Apr. 22

Kesult with Sub-Treasury operations, etc.

<
N
*6
C
O

consequence of dearer discounts in London, while
short sterling was firmer because of selling of secur­
ities for European account, and the market was
irregular thereafter. The large movement of wheat
from Chicago via New York and other Atlantic ports
probably will not be reflected in the exchange market
until the grain is loaded, but berth room is com­
paratively scarce, and therefore the loading will
be delayed. There are some inland bills against
(the wheat sold by Mr. Lertir already on the market.
|The export movement of cotton is also likely to be
'large as soon as berth room can be secured, and the
indications point to lower exchange as the result of
jthis movement of cotton and grain. G-old engage­
ments continue, though the amount reported this week
is comparatively small. The foreign open markets
have only a light supply of the metal. It is held at
high figures and only moderate sums can be secured.
The engagements of gold in Europe on Monday
(Were $2,375,000, on Tuesday $50,000, on Wednesday
l$425,000, on Thursday $1,275,000 and on Friday
(none. Total for the week, $4,125,000; previously
'reported, $54,435,000; making $58,560,000 since the
(beginning of the movement. The arrivals during the
week have been $4,952,262, making a total thus far of
$46,316,627, leaving $12,243,373 in transit.
Nominal rates for exchange have remained at 4 80^ @
,4 81 for sixty day and 4 84@4 84^ for sight. The mar­
ket opened dull and steady on Monday at unchanged
.rates for actual business, compared with Friday of
last week, these rates being 4 79 f@ 4 80 for long,
,4 83^@4 83£ for short and 4 84@4 84£ for cables
^transfers. There was no change until Thursday,
jWhen the market became irregular, with a fall of onequarter of a cent in long sterling to 4 79£@4 79f, and
a rise of one-quarter of a cent in short sterling and
(cable transfers to 4 83£@ 4 83f for the former and
.4 84£@4 84£ for the latter. On Friday there was an
advance of one-quarter of a cent all around to 4 79f@
4 80 for long, 4 83f @ 4 84 for short and 4 84|@4 84f
for cable transfers. The market was steady for long
and firm for short and cables. The following shows
daily posted rates for exchange by some of the leading
.drawers.

[VOL. LXVI.

76.772,880 48,802,660
29.550,550 15,223,000
93,560.C00| 8,523,000
31.682.000 12,601,000
8.528.000 10,530,000
15.169.000 2.350,000
2.631.000 6,788,000
2,802,667 1,401,333

lotal.
£
36,292,048
125,575,640
44,778,550
97.083.000
44.283.000
19.058.000
17.619.000
9.419.000
4.204.000

Tot.thls week 311,830,410 100687491 412,417,901 296,989.245 101218993 388,207,238
T ot.p rev .w ’k 312,486,632 100750687 413.237.16P 295,547.936 100863506 396,406,442

THE

WAR

WITH

SPAIN .

The war with Spain, which appears already to
have broken out in spite of the absence of a for­
mal declaration of hostilities, may be described as
in one sense a logical culmination of a series of inci­
dents pointing successively in the same direction, and
each in its turn adding emphasis to the sentiment
which makes war possible. In describing war as a
logical culmination, we do not, however, wish to be
understood as meaning that such events made war
unavoidable. On the contrary, we believe that the
original and genuine causes for an international breach
were never nearer to a final and satisfactory settlement
than on the day when Congress adopted the resolu­
tions making settlement impossible. That, however,
is nothing new in the history of war ; what we are
undertaking now is to judge this impending Spanish
war as we judge the wars of former generations—as
this conflict will be judged by future history. To that
tribunal, from whose verdict there is no appeal, and
whose decision has more to do with the destinies of
nations than all the “ joint communications” of the
Powers, or the letters of enthusiastic constituents, or
the declarations of the press, it is our business to see
that our case is decently submitted.
As we have suggested, we do not think that future
history will find trouble in discovering how and why
this war occurred. There is some comfort in the re­
flection that the conflict can never be called the out­
come of personal ambition, like the Napoleonic wars;
of political intrigue, like our own war with Mexico
half a century ago; or of whim and passion, like the
Franco-Prussian war. Sixteen months ago, after a
thorough and conservative review of the state of
things in Cuba, President Cleveland plainly stated
that this country might, through the course of events,
“ be drawn into such an unusual and unprecedented
condition as will fix a limit to our patient waiting for
Spain to end the contest,” and that “ when the in­
ability of Spain to deal successfully with the insurrec­
tion has become manifest, * * * a situation will
be presented in which our obligations to the sov­
ereignty of Spain will be superseded by higher obliga­
tions which we cau hardly hesitate to recognize and
discharge.” One year later President McKinley, in
his message of December 6 1897, declared with
equal plainness, laying the same declaration before
the Spanish Cabinet through our Minister, “ that we

A prïl ' 23 ,• 1898..]

THE CHEONI01.E.

•could be required to wait only a reasonable time for resolution.: It would have been more gratifying if the
the mother country to establish its authority and re­ House had not yielded to the Senate’s irrational de-‘
store peace and order within the borders of the island; mand for a formal declaration that the people of Cuba
that we could not contemplate an indefinite period not only “ of right ought to be,” but “ are, free and
independent,” To say that these people are to-day,
fo i the accomplishment of this result.”
•The insurrection was not suppressed. Whether it and were when the resolution was debated, indepen­
might under ordinary circumstances have been brought dent of Spanish sovereignty, is to make an affirmation
to an end, as the Sagastá Government had hoped, not borne out by the truth of the situation. Such
through the larger concessions of home rule in Cuba, j defects are greatly to be regretted ; certainly not the
will always remain a matter of controversy. At the less so since contemporary foreign observers, and the
"very moment when this question hung in the balance, j future generations of America itself, must judge this
two of the most extraordinary incidents in the history Spanish war by precisely these declarations.
Nor can the honest student of the situation over­
o f nations— the publication- of Señor De Lome’ s indis­
creet letter, on February 9, followed only six days ' look the fact that the Senate resolution, as finally
afterward by the Maine’s explosion in Havana harbor adopted by both houses, completely fails’ to state the
—-introduced that element which bas repeatedly, in true diplomatic cause of intervention. To this criti­
the history of nations, broken through the barriers of , cism the original House of Representatives resolution
civilized diplomacy and forced a government into war ^was not open. That document had plainly and cor­
whether it wished or not. Our case, then, is not sin- j rectly affirmed in its preamble, adopted Wednesday,
guiar in history; the event is not, speaking by prece­ April 13, that “ the Government of Spain for three
dent, at all illogical. War has occurred, as wars occur ^years past has been waging war on the Island of
in nine cases out of ten, partly through accident, partly I Cuba against a revolution by the inhabitants thereof,”
through the mistakes of public men, chiefly through j that the war has continued “ without making any
the failure of two Dations to understand the motives substantial progress towards the suppression of said
and sentiments of one another. Nor is the series of : revolution,” that its methods have resulted in “ caus­
events discreditable to our country’s honor. Disheart­ ing the death by starvation of more than 200,000
ening as some of the influences making for war have innocent non-combatants,” and in “ inflicting intoler­
unquestionably been, there are at least two chapters j able injury to the commercial interests of the United
in the episode which we and our children may re­ States.” This is a sober and statesmanlike recital of
member with some sort of pride—the self-restraint of ¡ the diplomatic justification for our action. But in
ou;r people as a whole during the first shock of the place of that paragraph, the Senate resolution substi­
Havana news of February 15, and the very high qual- j tutes a bald and (it must be confessed) very brutal
ities exhibited by our Administration under most try­ declaration that “ the abhorrent conditions” in Cuba
ing- circumstances, before and after the Maine disaster “ have shocked the moral sense of the people of the
United States, have been a disgrace to Christian civ­
and-up to the moment of the breach with Spain.
i t is, however, of the highest consequence that the ilization, * * * and cannot be longer endured/
«cause for war, or for the action necessarily involving It is this preamble, angry in its tone, confused in its
war, should be clearly, honestly and forcibly stated English, and unsustained by any diplomatic review of
before the beginning of hostilities. It is equally nec­ facts, which has so unfavorably impressed even our
essary that the purpose of the projected war should friends in foreign, nations that the quite universal
be* unmistakably set forth, and since under our Con­ comment of their press is that Congress had launched
stitution the war-making power rests with the legis­ a rude and superfluous insult at the Spanish Govern­
lative body, responsibility for the proper performance ment in advance even of declaring war. We cannot
o f ‘ this double task necessarily lies with Congress. help feeling that the strange contrast so often shown
'Considering the character of the past week’ s struggle in this decade’s legislation between a conservative
»over the intervention resolution (which all have ac­ House of Representatives and an ill-advised and head­
cepted as in effect an act of war), it is not perhaps strong Senate is powerf ally emphasized by this Cuban
-surprising that the manifesto should be far from per­ episode. Certainly it would seem to the ordinary ob­
fect.
The Senate, following, as it has done with server that if the solemn duty of declaring war will
lamentable frequency in the last few years, the lead­ not bring back its old-time calmness and dignity, the
ership of hot-heads and professional agitators, had Senate is incorrigible.
These weaknesses in the epoch-making joint reso­
snapped its fingers at the advice of the President, of
lution of last Tuesday we have pointed out thus
Coñsul-General Lee, and of all competent pub­
licists, and had insisted on a resolution rec­ frankly because we think it of the first importance
ognizing the peripatetic insurgent Cabinet as that their real origin should be understood, and that
thé lawful Government of Cuba.
The House, it should also be remembered that the President’ s,
with an organized
party majority and with express wish and the original House resolution were
a proper sense of the dangers threatened by a breach of a character worthy of a great occasion. As against
at this moment between the President and Congress, this peculiarly ¡¡unfortunate handiwork of the Upper.
had followed Mr. McKinley’s will and merely author­ House must be placed two elements in the declaration
ized the Executive to intervene in Cuba in ¡behalf of which are legitimately reassuring. The reckless an­
peace. The stubborn determination with which each nouncement in the Senate’ s original resolution that
House held to its own position eventually forced a “ the Government of the United States hereby recog­
eorhpromise resolution svhich is open to serious nizes the Republic of Cuba as the true and lawful
criticism, as legislative compromises usually are. But Government of that island,” has been positively re­
this was perhaps inevitable. We could have wished pudiated. People are beginning now to understand
that the President’ s own clear statement, or a sum- what such, recognition would have meant, Involving
ana'ry of it, might have been used in place of the in­ logically the subjection of our intervening forces to
volved and awkward preamble to the ¡¡¡compromise the Cuban insurgents’ orders, the surrender of Cuba




J

J

783

THE OHRONtCLE.

[V ol. LX VI.

to their irresponsible will, and in fact repudiating ever, is showing a caution displayed by neither
wholly the theory of humanitarian intervention on Congress, press nor people. If the President and hiswhich the Administration from the first has fixed at- advisers can stand firm in the face of the clamor fo r
tention.
That such a blind and crazy leap into hasty action which will undoubtedly arise next week,,
unknown consequences has been prevented is a cause we may rest assured that there will at least happen na
for gratitude.
Bull Run and no Detroit to prove our folly. TheNot less so, in our judgment, is the last paragraph 1 ssons of 1861 and 1812 ought to have been learned
of the joint resolution, which was separately approved, by our military men if by no others.
even on'its first proposal in the Senate, without a dis­
One other reassuring factor in the situation is the
senting vote, declaring “ that the United States hereby fact that our financial institutions have had both op­
disclaims any disposition or intention to exercise sover- portunity and ability to prepare themselves against,
eignty, jurisdiction, or control over said island, except the shock of war. Thanks to our powerful situation
for the pacification thereof, and asserts its determina­ in international trade, our New York banks alone
tion when that is accomplished to leave the govern­ have been able since early in February to spare from
ment and control of the island to its people." No their cash reserves very many^millions of legal tenders,,
dread or misgiving has prevailed more strongly in the besides some gold, for interior institutions, replacing
minds of conservative citizens than that arising from such remittances in part by a net increase of $33,000,the not unreasonable suspicion that some of the lead­ 000 in specie brought from Europe. The banks have
ing agitators secretly proposed to bring in this degen­ 'been able within the same period to curtail their loans
erate and ill-civilized island community as a sover- some $67,000,000, and their liabilities $75,000,000, with­
eign State in the Union. What the future will bring out causing a panic in the money market or forcing any­
forth, as regards the condition, pacification and thing more than the postponement or abandonment o f
government of Cuba, is the darkest sort of mys­ business plans. This is a strong position— stronger
tery.
As we said last week, we are ourselves than that of any market which we can recall on the
wholly unable to discern the outcome.
But with eve of war. If Congress acts promptly in the matter
a positive pledge on record, made under the most of war revenue and war loans, which are certainly n e
solemn circumstances to ourselves, to Spain, to less a prime essential in a modern conflict than are
Cuba, and to the world at large, that we shall troops and battleships, it may be that the more serious
not contemplate the idea of annexation, there is financial misgivings of the last few weeks will not be
at least one spot of firm ground on which to stand. realized.
Hot-headed Congressmen may look upon international
law, in Senator Mason's words, as harsh and cruel, as THE COTTON-MANUFACTURING IN D U S T R Y
something which this nation may violate at will.
I N MASSACHUSETTS.
But we entertain the hope that even the rashThe Bureau of Statistics of Labor of Massachusettsest of such statesmen will respect the formal word of has issued an instructive pamphlet with reference to
honor of the United States. This is not only a reas­ the cotton-manufacturing industry in that important
surance to those who shrink from the absorption of commonwealth. The inquiry into the subject has
an alien and mongrel State into our government, but been pursued with intelligence and skill, and the re­
it relieves us from the base imputation of provoking port contains a large mass of valuable statistics, ar­
needless war for purposes of conquest or ambition. ranged in such a way as to make them easy of compre­
The one war episode in our history wliich the lover of hension and bring out their salient characteristics»
his country's honor passes over with a sense of shame This study of the subject has peculiar interest now in
has been judged and condemned because it was in­ view of the depressed condition of the cotton manu­
spired by precisely such motives. The Spanish war of facturing industry all over the country, and the labor
1898 will at least not repeat this phase of the Mexican troubles to which it has given rise.
war of 1846.
Of course no particularly new features are disclosed
As for the practical considerations now involved in as the re:ult oi the investigation. But the elaborate
the war situation, it will probably be agreed that the data collected by the Labor Bureau serve to give
advantages are so overwhelmingly on the side of the statistical form and expression to many facts which,
United States that the contest ought not to be pro­ previously, though matter of common knowledge^
tracted. The Spanish people, it is true, as this week's could not in discussions be cited with the force and
Madrid dispatches plainly show, are roused to the effect belonging to demonstrated results. In view o f
highest pitch of patriotism and enthusiasm, which the interest attaching to the question of Southern,
was indeed to be expected, since from their point of competition, the report begins with some com­
view their fight is against aggression and invasion and parisons showing the labor cost in the two sections.
for national existence. But popular enthusiasm can For this purpose the only data available are those f ur­
not well counterbalance physical weakness and finan­ nished by the United States Census. These data bring
cial poverty in the case, of a costly modern war. out the fact that as far as the mere rate of wages is con­
The contest, in any case, is most unequal, cerned, the South undoubtedly has an advantage over
a fact which ought, we think, in deference New England. The Bureau takes the value of the
to American self-respect, to check in some de­ goods made in Massachusetts in the Census year (1890),
gree the usual tendency of the people of a belliger­ which was $100,202,882, and from it deducts the value
ent State to brag and bluster. Were the odds less ($56,492,375) of the stock used—that is, the cost of
heavy on our side, the popular demand for an instant the raw materials entering into the goods; the result­
attack by fleet and army, and the popular confidence in ing difference ($43,710,507) represents in effect the
a quick and easy victory, might lead to sure disaster. cost of bringing the raw material to its finished form,
It is conceivable, even now, that a too rash step may though it also includes the item of profit to the manu­
bring about some disaster in the as yet untried con­ facturer. The Bureau gives to the difference th e
test of modern battleships. The Administration, how­ designation, “ Value of Industrv Product."




A pril 23 18U8 |

THE CHRONICLE.

The question which arises with reference to this
^'Industry Product,” is how much of it is made up of
the item of wages. In Massachusetts, it appears, 57*47
per cent of the product referred to was in .1890
divided among the operatives in the form of wages.
On the other hand, in the Southern States the per­
centage paid in wages in the same year Avas, as a rule,
very much less. In Georgia it was only 50*90 per cent,
in South Carolina 50*62 per cent and in North Caro­
lina but 44*39 per cent. In two of the States in the
Southern group, namely Tennessee and Virginia, the
percentage paid in wages happened to be higher than
in Massachusetts, but these are States in which the
"total product in 1890 was comparatively small, and in
which it is probably true, the report says, that the
establishments were not so effectively organized as in
4?he others. Of course no conclusion as to profits can
be drawn from the figures given. The comparisons
■are useful simply as showing that the item of wages
forms a higher percentage of cost in Massachusetts
than in the leading Southern States.
An interesting fact is brought out by going back
ten years and comparing with the 1880 figures. This
Comparison shows that in the ten years there was a
marked increase in the percentages paid in wages in
both Massachusetts and the South. Thus in Massa­
chusetts the percentage in 1880 was only 43*61,
-against 57*47 per cent in 1890. In Georgia there was
.an increase during the decade from 46*10 per cent to
-50*90 per cent; in South Carolina the rise was from
35*02 to 50*62, and in North Carolina from 40*30 to
44*39. In the other Southern States the comparisons
are much the same— that is, in each of them wages
consumed a larger portion of the industry product in
1890 than in 1880. The gain in Massachusetts, how­
ever, was greater than in any of the others, excepting
cn ly Mississippi and South Carolina.
We need
hardly say it would be an error to assume that
.these changes represented an absolute increase in
wages to the extent of the difference. Obviously, if
the various other items entering into the cost of man­
ufacturing goods were reduced, through increased ef­
ficiency and economy in the operation of the mills, as
they no doubt were, the wages percentage would rise
even without any increase in the pay of the employes.
Again, in considering the differences between the per­
centages in Massachusetts and the Southern States, it
should not be forgotten that the character of the
goods produced is an element in the calculation. If
Massachusetts turned out a finer class of goods (as it
undoubtedly did), requiring a higher degree of skill
on the part of the operatives, the percentage paid in
labor might easily be higher on that account. Allow­
in g for all this, however, there is obviously a marked
difference in favor of the South because of the lower
price of labor.
These figures are all for 1890, as already noted. A
statement is given, however, making comparisons of
wages in Massachusetts and North Carolina for the
year 1896, this being before the recent reductions in
the wages of New England operatives. It appears
that the pay for skilled male labor in Massachusetts in
the year mentioned was $1*47, against only $0*99 in
North Carolina; for skilled female labor $1*10, against
$0*66; for unskilled male $1*20, against $0*67; for un­
skilled female $0*93, against $0*48; for children $0*78,
against $0*31; for machinists $1*84, against $1*69; for
engineers $2*83, against $1*46, and for firemen $1*57,
against $0 *86. In every case the Massachusetts rates are




78T

considerably higher, it will be observed, than those'in
North Carolina. The report points out, however, that
part of this difference is to be accounted for, no doubt,
by the differences in product and in skill in the two
States. That is to say, while skilled men, so called,
may be paid 99 cents per day in North Carolina, as
against $1*47 in Massachusetts, these figures are to be
taken as typical rather than absolute, it being impos­
sible to parallel, in any such general comparison, ex­
actly the particular grade of work, and therefore the
degree of skill, in each of the States. This qualifica­
tion is said to apply to all the quotations in the table,
and especially to the wages of children. These are
placed at 31 cents per day in North Carolina, as
against 78 cents per day in Massachusetts; but in .the
latter State no persons under 13 years of age are em­
ployed, and very few under 14, while in North Caro­
lina persons of less age may be employed without re­
striction.
A fact not to be overlooked is that in the New Eng­
land States comparatively few children are employed,
while in the South, on the other hand, the children
form a considerable portion of the whole. In the
case of the two States just compared, the ratio of
children for 1896 was only 5*77 per cent in Massa­
chusetts, but 25*80 per cent for North Carolina.
Turning again to the Census figures, so as to get more
comprehensive comparisons, we find that in 1890 the
percentage of children of total wage earners in Mas­
sachusetts was only 5*42 percent. In the Southern
States, on the contrary, it was in each case over twenty
per cent, being 26*52 in South Carolina, 24*32 in North
Carolina and 23 *85 per cent in Georgia. There was
compensation, however, to the Massachusetts producer
in the fact that the operatives, in being so much
more largely adults, were correspondingly more effic­
ient.
This is evident from the fact that the
number of spindles per employe in Massachusetts
in 1890 was 77*10, while in all the Southern States it
was very much less, being only 41*23 per cent in South
Carolina, 39*67 per cent in North Carolina and 43 T9
per cent in Georgia. When this factor is taken into
consideration, the comparison assumes a different
phaSe. It is then found that the labor cost per spin­
dle is actually lower in Massachusetts than in most o f
the Southern States— that is, in Massachusetts it is
$4 31, while in South Carolina it is $4 54, in North
Carolina $4 37 and in Georgia $4 86 ; in Virginia and
Kentucky (both small producers) the amount is only
$3 97.
There are other particulars in which the Southern
manufacturer is assumed to have an advantage over
the Northern manufacturer. Being nearer the sources
of supply, his fuel costs him les3. In 1890 the per­
centage of cost of fuel of the value of product was in
Massachusetts 1*8 7, against 1*13 in South Carolina,
1*05 in North Carolina and 1*17 in Georgia. But
here again the larger number of spindles employed
operates as an almost complete offset. On the basis
of spindles the cost of fuel in the Census year
was 32 cents in Massachusetts, 33 cents in South
Carolina, 30 cents in North Carolina and 32
cents in Georgia. The Southern mills are also
able to utilize water power to a greater ex­
tent than the Northern mills. In Massachusetts
of the total of motive power of all kind employed in
1890, only 32*57 per cent was water, while in South
Carolina the percentage was 57*62,'in North Carolina
52*43 and in Georgia 64*57 per cent. Then there is

788

THE CHE0N1CLE.

the fact of closer proximity to the supply of the raw
material— cotton. The average cost of cotton per
pound to the mills in Massachusetts in 1893 was 10*48
cents, against 10*08 cents in North Carolina, 9*75
cents in South Carolina and 9*64 cents in Georgia.
But it is pointed out that it is sometimes possible for
the mills in Massachusetts to avail themselves of ex­
ceptionally low freight rates by water transportation,
so as to land cott-.n at the mill even lower than
it can be delivered at mills in the interior
in the South; and it is also true that establishments in
Massachusetts may sometimes offset the disadvantage
due to their greater distance from the cotton fields by
their financial ability to purchase large amounts of
cotton in advance of immediate requirements, thereby
securing better terms, or to avail themselves of ex­
ceptionally low prices in the market. On the whole,
the Bureau thinks that the difference on account of
this item is not in itself an important factor.
Moreover, it is also pointed out that notwithstand­
ing the advantages possessed by the South in certain
elements of manufacture, if the value of material con­
sumed and the amount paid in wages are combined
and the ratio of the two to the total value of the prod­
uct ascertained, the disparity between the North and
the South is on the whole found to be quite small. In
some cases the percentage is actually higher in the
Southern States than in Massachusetts. In the latter
State the combined value of stock and wages in 1890
represented 81*45 per cent of the selling price of the
goods; in Georgia the percentage was 82*64; in North
Carolina 80*66, and in South Carolina 84*96.
Turning now to more recent periods, the reasons
for the depressed condition of affairs become clearly
apparent. In this case the Bureau gives very elabor­
ate tables showing the results in Massachusetts for
each year up to and including 1897. As the same
number of establishments is included for all the
years, the figures possess especial value.
The fact
which stands out more prominently than any other
is the increasing importance, both relatively and
absolutely, of the item of wages. Take Fall River
for example.
In 1890 the value of the goods
made by 34 establishments was $23,779,524 ; in 1897
the value of the goods turned out by the same
34 establishments was only $23,197,310, or nearly six
hundred thousand dollars less.- The 1897 total of
course represented a greatly increased quantity of
goods. The value of the stock or materials used in
producing these goods declined (owing to the lower
price of cotton) in about the same amount, having
been $13,739,] 47 in 1890 and $13,134,355 in 1897, so
that there was no ground for complaint on that score.
But*the sums paid out in wages in the same interval
rose from $6,445,772 to $7,527,386. It should be
clearly understood that the increase in this last
instance has followed from the greater number
of persons necessarily required to produce the
larger amount of goods turned out.
The average
number of persons employed in 1897 was 22,943,
against only 19,548 in 1890, though the num­
ber of days* work in the later year was only 278*05,
against 291*61 in the earlier year. As the result
of the enlarged requirement for wages, the percentage
of the industry product paid in that way rose from
64*20 to 74*80 per cent. This means that the percent­
age left for profit and all other items of expenses was
only 25*20 in 1897 against 35*80 in 1890. At New
Bedford the percentage paid in wages advanced




[V ol. LXVi,

from 52*68 to 65*54, at Lowell from 59*75 to 72*55
and in Lawrence from 79*72 to 80*88.
The Bureau shows clearly the effect of this situa­
tion in reducing profits, diminishing assets and con­
tracting or cutting off dividends. But as these fa ct»
are familiar to our readers, we shall not dwell on this
part of the story. There is considerable force in the
observation that falling prices for a product cannot
be offset at once by a corresponding decline in wages.
As bearing upon the reasons for the fall in the priceof goods, some facts pertinent to the question
should not escape attention. The producing capacity
in the United States has very greatly increased, not
only in the South but also in the North. In theSouth Atlantic Division, the number of cotton spindles
increased from 1,180,604 in 1887 to 2,980,113 in 1896,
an addition of 152 per cent; in the South Central D i­
vision the increase was from 335,220 to 627,770 spin­
dles, or 87 per cent. In the North Atlantic Division,
comprising the New England States, besides New
York, New Jersey and Pennsylvania, the increase
in the same interval was from 11,784,053 spindles;
to 14,893,592 spindles, or 26*39 per cent. Thus the
ratio of growth in the South has been very much
more rapid than in the North, but the absolute amount
of increase has been decidedly larger in the Northv
Indeed, Massachusetts alone shows more new spindles
added than the whole South, the number having risen
from 5,330,120 in 1887 to 7,790,642 in 1896. Under
these circumstances and the inability to effect a re­
duction in labor cost, it is no surprise that stocks
of cloth should have increased till at the end of
1897 they were reported the heaviest on record, and
that the average price received per yard of cloth
should have been only 2*484 cents in 1897 against
3*344 cents in 1890.
What view of the future does the Bureau take as
far as Massachusetts is concerned?
No support
is given to the idea that the industry in the Old
Commonwealth is in danger of decay. “ Here is an
industry which is to-day better organized than many
others; which notwithstanding its present difficulties
has on the whole suffered less than some others
during the past five years; which represents
in the entire State fully $100,000,000 in capital,,
if we include not merely share capital but capital o f
all kinds devoted to production; which during ten
years has increased its productive capacity fully 50*
per cent and its output "fully 52 per cent; and
which possesses certain advantages which can
never be overcome, in spite of certain disad­
vantages with respect to certain competitors which,
for the time, exist. It is not to be supposed that thi»
industry is to be at once ‘ wiped o u t / or that it is a®
a whole in a state of permanent decadence.”
It is urged that to say that Southern competition
was the cause of the conditions surrounding the in­
dustry in Massachusetts in 1897 is altogether too
strong a statement, and to say that under those con­
ditions Southern competition was not felt is also wide
of the truth. The opinion is expressed that every ad­
vance which the South mak^s in manufacturing,,
unless the development of the factory there is to bedifferent from what it has been elsewhere, will
tend toward equalizing the conditions under which
the industry is conducted in each section. The^
improved state of the operatives there, who,,
through the factory, are given regular employ­
ment and better wages, will inevitably tend, it,

A pril 23 1898. J

THE CHRONICLE.

is thought, toward shorter working time and still
higher wages. The concentration of the industry in
certain centres in the South which will gradually take
place will hasten this result. Such advance means
also an improved home market, upon which the indus­
try, both North and South, must mainly rely.
The conclusion is that the industry is Massachusetts
will conform to new conditions. It will abandon cer­
tain kinds of goods which cannot be profitably made;
it will extend the output of others and cheapen pro­
duction by improvements in machinery and processes.
Some capital may be withdrawn in certain lines and
diverted to other industries, or may even go South,
as in a few instances it has already. New capital will
be invested in other branches of the industry, as dur­
ing the past year. .
New equipment and new economies of management
will be introduced, and thus gradually the industry in
each section will take the form to which it is best
adapted. Finally, the suggestion is thrown out that
this is not a time for contests between labor and capi­
tal. “ If ever a clear recognition of the situation, and
afterward mutual confidence and co-operative effort
were needed between employers and employed in any
industry,” says the report, “ they are needed now in
the cotton industry in Massachusetts.”

REAL

ESTATE MORTGAGES M A Y B E
TAXED A S R EA L ESTATE.

The United States Supreme Court has recently
decided a case involving the question whether real
estate mortgages (in States where there is a law to
that effect) can be taxed as real estate. The Court
upholds the law, even as applied to the owner of a
mortgage residing in a different State from that in
which the property mortgaged is situated.
The Legislature of Oregon in 1882 enacted that real
estate mortgages should, for the purposes of assess­
ment and taxation, be deemed and treated as land or
real property in the county in which the land is sit­
uated and be there taxed, not beyond their real cash
value, to the person appearing of record to be the
owner of the mortgage. Under the law no attempt
Was made to tax the note, but the statute authorized
that the amount of the mortgage should be deducted
from the assessment against the mortgagor or owner
of the property, and that the tax on the amount so
deducted should be paid by the mortgagee. In case
of default in payment of the tax the mortgages were
to be sold, like other real property. To make sure
that the owner of the mortgage should not escape, the
law contained provisions for having his name appear
on the records.
In 1891 and 1892 a number of land owners in Ore­
gon gave their notes to secure the payment of certain
sums of money, with interest, to the Savings &
Loan Society in the city of San Francisco and State
of California, the notes amounting in all to the sum
of $531,000. To further secure these debts the land
owners executed to the Loan Society mortgages of
divers parcels of lands owned by them in Multnomah
County.
The notes and mortgages immediately
passed out of the State, and have since then been in
the possession of the Loan Society at San Francisco.
In accordance with the 1882 law taxes were im­
posed upon all the taxable property in Multnomah
County, including these mortgages. The taxes upon
the mortgages not having been paid, a warrant was




789

placed in the hands of the Sheriff and he advertised
the mortgages for sale. The Loan Society brought a
suit in equity against the county and the Sheriff in the
Circuit Court for the district of Oregon. A demurrer
to the bill was sustained, and the complainant then
carried the case to the U. S. Supreme Court on ap­
peal, claiming that the Act of 1882, as applied to
mortgages owned and held by a citizen of California
was contrary to the Fourteenth Amendment of the
Constitution of the United States, as depriving him
of his property without due process of law.
Justice Gray, who delivered the opinion of the
Court, said that, taking all the provisions of the
statute into consideration, its intent and effect were
not difficult to discern. The personal obligation of
the mortgagor to the mortgagee is not taxed at all.
The mortgage and the debt secured thereby are
taxed as real estate to the mortgagee, not beyond their
real cash value, and only so far as they represent an
interest in the real estate mortgaged. The debt is
not taxed separately, but only together with the mort­
gage ; and is considered as indebtedness within the
State for no other purpose than to enable the mort­
gagor to deduct the amount thereof from the assess­
ment upon him in the same manner as other indebt­
edness within the State is deducted. And the mort­
gagee, as well as the mortgagor, is entitled to have
deducted from his own assessment the amount of his
indebtedness within the State. The result is that
nothing is taxed but the real estate mortgaged, the in­
terest of the mortgagee therein being taxed to him
and the rest to the mortgagor.
There is no double taxation. Nor is any such dis­
crimination made between mortgagors and mortga­
gees, or between resident and non-resident mortgagees,
as to deny to the latter the equal protection of the
laws. No question between the mortgagee and the
mortgagor arising out of the contract between them
in regard to the payment of taxes or otherwise is pre­
sented, says Judge Gray, or can be decided upon the
record. The case accordingly reduces itself to the
question whether the tax Act,-as applied to mort­
gages owned by citizens of other States and in their
possession outside the State of Oregon, deprives them
of their property without due process of law.
Discussing this point the Court notes that by the
law of Oregon, as indeed of some other States of the
Union, a mortgage of real property does not.convey
the legal title to the mortgagee, but creates only a lien
or incumbrance as security for the mortgage debt ;
and the right of possession, as well as the legal title,
remains in the mortgagor, both before and after con­
dition broken, until foreclosure.
Nevertheless it
has been held both by the Supreme Court of the
State and by the U. S. Circuit Court for the Dis­
trict of Oregon that the (State has the power ta
tax mortgages of lands] in Oregon, though owned
by citizens and residents of other States. Thus
in Mumford vs. Sewall, it was declared that “ all
subjects, things as well as persons, over which
the power of the State extends, may be taxed.” '
“ A mortgage, as such, is incorporeal property. It
may be the subject of taxation.” “ Concede that the
debt accompanies the respondent's person and is with­
out the jurisdiction of the State. Y et the security
she holds is Oregon securiiy. It cannot be enforced
in any other jurisdiction.
It is local in Oregon abso­
lutely as the land which it binds.” “ Since the power
of the State over the mortgage is as exclusive and

790

THE CHRONICLE.

•complete as oyer the land mortgaged, the mortgage is
subject to taxation by the State unless there is Con­
stitutional limitation to the contrary.”
‘ The opinion also quotes from Dundee Mortgaga
Company vs. School District, where Judge Deady
said: “ A mortgage upon real property in this State
[Oregon], whether considered as a conveyance of the
•same, giving the creditor an interest in or right to the
same, or merely a contract giving him a lien thereon
for his debt and the power to enforce the payment
thereof by the sale of the premises, is a contract affect­
ing real property in the State, and dependent for its
existence, maintenance and enforcement upon the laws
and tribunals thereof, and may be taxed here as any
Other interest in, right to or power over land. And
the mere fact that the instrument has been sent out of
the State for the time being, for the purpose of avoid­
ing taxation thereon or otherwise, is immaterial.”
After citing these various authorities, Justice Gray
declares that the power of every State to tax all prop­
erty, real and personal, within its jurisdiction is un­
questionable. The Supreme Court has often in the
past endorsed the principle that personal property
may be taxed either at the domicile of its owner or at
the place where the property is situated, even if the
owner is neither a citizen nor a resident of the State
which imposes the tax. The State, Justice Gray as­
serts, may tax real estate mortgaged, as it may all
other property within its jurisdiction, at its full value.
It may do this either by taxing the whole to the mort­
gagor, or by taxing to the mortgagee the interest
therein represented by the mortgage, and to the mort­
gagor the remaining interest in the land. And it may,
for the purposes of taxation, he declares, either treat
the mortgaged debt as personal property, to be taxed,
like other choses in action, to the creditor, at his
domicile, or treat the mortgagee’s interest in the land
as real estate, to be taxed to him, like other real prop­
erty, at its situs.

R A IL WA Y GROSS AN D N E T E AR N IN G S FOR
FEBRUARY.
Uur compilation of the gross and net earnings of
United States railroads for the month of February re­
veals no new or striking features. The returns are
almost uniformly good. The leading conditions were
all favorable. Business activity still remained un­
checked,* the grain movement in the West and the
cotton movement in the South, as well as the live­
stock movement, all increased over the previous year,
while the weather was propitious.
Our statement
covers 141 roads, and in the aggregate these. record
$7,109,078, or 12-65 per cent, increase in the gross and
$2,776,111, or 17*53 per cent, increase in the net, as
Will appear from the following.
February.

January 1 to February 28
(140 roads.)

( I l l roads.)
1898.

1897.

$
*
Grosäearn’s 63,290.136 56,181,058
Oper. exp... 41,68^,757 10,317,790
N et earn’s 18,609,379 15,833/08

Increase.

1898.

1897.

Increase.

$
$
9
9
7,109/7? 129,030,012 113,694,892 15,335,120
4,332,967 92,088,103 82,742,646 9,343,457
2,776,111 36,993,909 80,952,246

February.
(134)
(133)
035)
(136.)
(13H
(141)
Jan. 1 to
Feb. 28.
1893 (131)
1894 (132)
1895 (135)
1886 (135
1897 (130i
189S (140i

Tear
Given.

Net Burnings: ■ •
•

Year
Increase or
Preceding. Decrease.
9

Tear
Given.

$
64.892,473
43,896. 67
46,438,49V
48.867.309
54,785,297
63.290,136

$
58,934,473
52.773,459
45,658,179
44,817,879
54,779,153
56,181,058

—2,092,000
—8,881,192
+780,313
+4,0)9,430
+6,144
+7,109,078

$
14,115,141
11.189,407
11,864,62'
13,253.605
15,903,044
18,609,379

111.743,547
90,17 !,78i
90,487,85¿
101,321,78!
108,627,654
129,080,012

113,149,161
106,172.03*
94,791,226
92,948,516
112,077.0:8
113,694/92

-1,405.614
-16,000 257
+1,696,626
+8,376,235
-3,449.424
+15,385.1201

27,(65,98?
22.665 842
25,249,70«
28.128.759
30,510,884
36,993,909

Tear
Increase or
Preceding. Decrease.
9
9
16,912.550
13,343,747
11,683,271
11.23 <.972
14,620.974
15,833,263

—2,797,409
—2,154.340
+181,35
+ 2,019/33
+1.387,080
+2,776,111

31/65,82
25,926/81
24,046,662
23.969.809
30,318.361
30.962,246

—4,199,843
—3,260 489
+1.203.031
+4 158,944
+192.623
+6,041 6 6

The Pacific roads and the Western grain-carrying
roads are the ones particularly distinguished for
good results. Thus the Southern Pacific has $918,656
gain in the gross and $608,832 gain in the net; the
Northern Pacific $487,831 gain in the gross and $343,981 gain in the net; the Atchison $608,648 gain in
gross and $190,565 gain in net, etc., etc. Below we print
a full list of the roads whose changes from last year,
whether gains or losses, equal or exceed $30,000. It
will be observed that the losses number only two in
both the gross and the net.
PRINCIPAL CHANGES IN G R O S S EARNINGS IN F E B R U A R Y.
TllFFASIfiAGi
Increases.

Southern Pacific........ ... $918,656
Pennsylvaniat.................. 680,300
Atchison Topeka & S. Fe. 608,648
Northern Pacific............. 487,*31
Illinois Central................ 419,158
Chicago Burl. & Quincy. 370,254
Chicago Mil. & 8t. Paul.. 274,921
Oregon RR, & Navigation 240,298
Canadian Pacific............. 222,503
Union Pacific.................... 192,183
Louisville & Nashville... 187,157
Kansas City Pitt. & Gulf. 165,299
Southern Railw ay._____ 139,150
Chesapeake & Ohio.......137,683
B a ltim o r e & O h io .............

1 3 4 ,9 9 3

Erie................................
Union Pac. Denv.& Gulf
Chicago & Grand Trunk
Cin. N. O. & Texas Pac..
Phila. Wilming. & Salt.
Rio Gran de W estern...
M exican Central..........
Ft. Worth & Denver C ..
Choc. Oklahoma & Gulf
Central of New Jersey.
Kan. City Mem. & Birm.
Elgin Joliet & Eastern.
Kan.C. Ft. Scott & Mem.
Ann A rbor.....................

71,649
66,743
62,7 94
59,647
58,600
51,046
44,873
43, 44
40,259
36,351
34,512
32,303
32,265
30,336

Denver & Rio Grande.... 130,763
Total (representing
Norfolk & Western.......... 116,875
48 roads)............... $6,686,251
Dppi'pii fine;
Grand Trunk.................... 98,500
Leh.V.RR.andLeh.V.Coal 98,452 Phil.& Read.and C. & L
$69,790
Wabash..............
89,953 Northern Central..........
38,852
St. Louis & San Francisco 82,960
Cleve Cin. Chic. & St. L .. 76,258
Total (representing 3
Oregon Short Line.......... 74,610
roads)..........
$108,642
Balt. & Ohio Southwest... 73,724
t Covers lines directly operated both east and west of Pittsburg and
Erie. The gross on the Eastern lines increased $343,300 and the gross
on the Western lines increased $337,000.
PRINCIPAL CHANGES IN N E T EARNINGS IN F E B R U A R Y -.
In creases.
In creases.
Southern Pacific..........
$608,832 Central of New Jersey
$54,543
Northern Pacific........
343.981 Denver & Rio Grande.
52,581
Union Pacific...............
196,824 Kan. C. Pitts. & G ulf..
49,276
Atch. Top. & S. Fe___
190,“ 65 Un. Pao. Den. & Gulf.
47,743
Leh Val. RR. & L.V.C’l
133,266 Canadian Pacific........
38,844
121,033 Ft. Worth & Denv. C..
Baltin ore & Ohio.......
32,098
118,361
Illinois Central...........
Pennsylvaniat............
106,400
Total (representing
Oregon RR. & Navig..
86,235
33 roads)............. $2,640.359
Chesapeake & O hio...
71,313
decreases.
Southern Railway.......
69,906 Mexican Central.........
$83,608
Norfolk & W estern...,
68,761 Northern Central........
73, »44
Grand Trunk...............
66,949
Chile. Burl. & Quincy .
66,134
Total (representing
Phil. & Read, and C. & I.
60,600
2 roads).................
$157,452
Oregon Short Line.......
56,114
tCovers lines directly operated east and west of Pittsburg & Eri e
The net on the Eastern lines increased $65,700 a n i the net on the
Western lines increased $10,700.
SUMMARY BY GROUPS.

Gross Eammgs.

Sec tion or
Gr o u p .

1898.

1897.

February.

9

I
15,571,940
6,771,228
2.245,461
3,923.979
6,170,451
4,730,42c
7,520,988
7,088,059
1,551,927

Trunk lines..(14 16,869,841
6,851,069
Anthra. co a l.(.7;
2,356,106
Bast. & Mid.(15)
Mid. W est’n.(21) 4,495,178
Northwest’n (ll>
6,510,514
South west’n.( 19
5,941,305
Pacific Coast (14
9,717,806
S outhern....(37) 8,565,910
1,582,343
Mexican........(3)
Tot.. (141 r’ds)

63,290,136 50,181,058

6,041,eo3

A noteworthy feature of the exhibit for February is
that we have had good comparisons in that month for
several successive years. Even last year there was a
slight increase in the aggregate of the gross, with quite
a considerable increase in the net, while the year be­
fore the improvement was very marked. In the fol­
lowing we carry the figures back to 1893*




Gross Earnings,

Tear and
number
of roads.
1393
1894
1895
1898
1897
1898

[Y ol. u m .

Net Earnings.
1898.
$
4,385,000
1,324,6c 5
544,602
1,338,717
2,541,851
1,784,682
3,511,276
2,686/03
492,523

1897.

9

Inc. or Dee.
9

P.O.

4,023/82
+301,910
899
1,068,937
+255,008 23 92
648,745
—4,0f8 0-74
1.230.781
+107,936 8*V7
2,470,006
+71,84)
2*91
1,340/0)
+443,921 8311
2,146,287 +1,384,989 63-59
2,400,231
+ 28 5 /8 2 1191
604,438
—111,915 18-51

18,609,379 15,833,268 +2,770,111 17-53

Jan. 1 to Ftb. 28.
Trunk lines.(14)
Anthra. co a l.(7)
East. & Mid.(15)
Mid. W est’n.(2l)
Northwest’n ( ll)
8onthwest’n(19
Pacific Coast(14)
Southern.. ..(36,
M exican.......(3)

34,708,814
14,825,253
4/95,682
9,191,492
13,643.845
11,797,166
19,601,6'JO
17,200,816
3,217,344

31,774,034
13,845,034,570.071
7,889.984
11,988,018
9,470,162
15,381,298
15,640,578
3,129.104

T ot..(l 10 r’ds) 129.080.012 113,094.892

8,763,928
2,854,045
1,063.379
2,773,081
4,758,651
3,304,061
6,986,773
5,458,527
1,031,461

7,818,892
+945,036 12*09
2,115,723
+788,322 84-90
1,023/88
+40,291
394
2,502,882
+270,699 10 82
4,467,196
+291,45“
0-52
2,514,144
+789,917 8l*»2
4,823,868 +2,662,905 61 59
4,074,297
+484,280 9*74
1.212,056
—181,195 14*94

36,993,909 80.952,246

+6,041/63

19*52

■A pr il 23, 1898.]

When arranged in groups, the prominence of the
Pacific group for improvement becomes still more
noticeable. That group shows $2,196,818, or nearly
30 per cent, increase in the gross and $1,364,989, or
63*59 per cent, increase in the net. The Southwestern
group is only a trifle less conspicuous, with over 25
per cent increase in the gross and 33 per cent increase
in the net. The anthracite coal group, which did so
well last year, also shows a satisfactory (nearly 24 per
cent) improvement in the net, though the addition to
the gross is only trifling.

[From our own correspondent. ]

not less than 4 milliards, or 160 millions sterling. The bank-'
ruptcy of the Spanish Government, followed probably by afurther great depreciation o f the paper money and wide­
spread failures in commercial and financial circles, would in ­
flict terrible losses upon French investors. Moreover, the
French are disappointed because it is alleged that their claims
in China are not properly supported by Russia, while Russiahas got all her own demands promptly satisfied.
In Germany business is at a standstill likewise, partly be­
cause of the condition o f Austria-Hungary and partly be­
cause of the political apprehensions. The quarrels o f the
nationalities in Austria are aggravated by a serious fear o f
an impending outbreak in Macedonia. For many years past
Greece, Bulgaria and Servia have been laying claim to Mace"
donia on the ground that the majority of the population of the
province is Greek, or Bulgarian, or Servian, according to the
party making the claim. The defeat of Greece last year has
practically put her out of the running, and now there is a bit­
ter strife between Bulgaria and Servia. Apparently the Bul­
garians are gaining much ground in Macedonia, and the fear
is that they w ill stir up an insurrection as soon as the snow
melts, and invade the province in force.' If they do, the East"
ern question may be reopened. Thus all over Europe there
is anxiety and uncertainty, with depression upon the bourses.
Doubtless had it not been for the benevolence shown in
high quarters, a benevolence conseque it on the desire to as­
sist the introduction of the Chinese loan, the Bank of Eng­
land would have taken steps to protect its position earlier
than it has done. On Thursday there was no alternative but
to take action. The feeling in the money market, however,
on Wednesday was that there would be an advance o f only
one-half per cent. As a matter of fact, a rise of a fu ll one per
cent from 3 per cent, which was fixed on October 14 to 4 per
cent, was made. The future of the money market greatly
depends upon politics and the American gold requirements,
for in case of expansion in the demand for gold from this
side, considering the weak state of the Bank o f England’s po­
sition there would be no option but to carry the rate still
higher. There is no demand for Germany, Russia or AustriaHungary. For the moment the only drain is for New York.
But that drain may become considerable should war break
out or if very large additional sums should be expended upon
the army and the navy.
The home government is about to appoint a commission to
inquire into the best means of establishing a gold standard in
India, and that may lead to a considerable Indian gold loan.
Lastly, the Chinese Government at the beginning of May will
pay over the indemnity to Japan and Japtn will then be free
to spend the money as it pleases. Of course it is to be recol­
lected that Japan has to pay for ships and munitions of war,
and most of the money, therefore, will be laid out in Europe
and America. Still there is the danger that gold may be sent
away. For all these reasons the drain upon the Bank o f Eng
l»»nd may be considerable during the next few months, and
the bank is bound, in its own safety, to take measures for the
protection of its reserve should the drain to New York con­
tinue. On the other hand, if the drain ceases the Bank w ill
obtain complete control of the outside market in May, and
then, by making the three-per-cent rate effective during the
summer, it will probably slowly and gradually strengthen its
reserve.
There is nothing new to report from India.
The ex­
ports are active, except from Bombay, where they are
still interrupted by the plague. The crops are all turning
out most excellent, and the prospects of the country are fa ­
vorable. But the money market is as stringent as ever. The
discount rate in. Bom bay remains 13 per cent and in Bengal
12 per cent. On Wednesday the India Council offered'for
tender, as usual, 50 lacs. The applications amounted to
nearly 123 lacs, and the whole of the 50 lacs were sold, 22
being in bills, at prices from Is. 3 13 16d. to Is. 3 27-32d. per
rupee, and 28 lacs in telegraphic transfers, at Is. 3 29 82d.
and Is. 3 15-16d. per rupee. Subsequently there were special
sales of transfers amounting to nearly
lacs, the price being
Is. 3 15-16d. per rupee.
The follow ing return shows the position o f the Bank of
England, the Bank rate of discount, the price o f consols,
<fcc., compared with the last three years:

L ondon, Saturday, April 9, 1898.
Prices upon the Stock Exchange move up and down accordng to the information from New York. Everything that
looks like the maintenance of peace causes a rise ; everything
threatening war causes a fall; and the movements are not
confined to the American m arket; almost every department
is more or less affected. The result practically is that busi­
ness is almost] suspended. In any event there would not be
much doing this week, for the Stock Exchange is closed from
Thursday night to Tuesday.morning, Good Friday and Easter
Monday both being bank holidays. Naturally, under the cir­
cumstances no one would care to enter into new risks, and
business would be very dull. But the dulness has become
utter stagnation because of the political anxieties.
The relations between the United States and ¡Spain occupy
the first place in everybody’s mind. Towards the end of last
week it was almost universally believed that war was inevitable. A t the beginning of this week the hope sprang up
that peace would be maintained, chiefly because it was an­
nounced from Madrid that the Pope had offered his good
offices and that they were eagerly accepted by Spain. There
was a very marked rise in the American market on Monday,
from which it is generally inferred by careful observers that
there had been a pretty considerable bear account opened.
On Tuesday there was somewhat o f a damper. In the mining
market there has also been a decided recovery.
Practically every department is more or leis influenced by
the course of the American. The general depression, be­
cause of the fear of war about Cuba, was intensified last week
by the language of our own jingo papers, which are furious
because they think the Government has not pursued a suf­
ficiently spirited foreign policy in China. The newspapers,
more especially the Conservative newspapers, were loud in
their outcry against the Government, and they had almost
convinced people that Russia had won all along the line and
that the prestige of this country had seriously suffered. The
announcement at the beginning of this week that three new
treaty ports are to be opened and that W ei-Hai-W ei is to be
leased to this country on its evacuation by the Japanese has
accomplished a great change of opinion and has helped to
strengthen the effect of the Pope’s offer of mediation. But,
naturally, all prudent people are avoiding new risks, waiting
simply upon events. Some members of the Stock Exchange
speculate either for the fall or for the rise, according to their
temperament, and a few outside speculators do the same; but
the great public is holding aloof, and even investment busi
ness is on an exceptionally small scale.
In Paris matters are not more cheerful than here. The
new legislation which is about to curtail very seriously the
business of the coulisse, or outside market, is preventing the
coulissiers from acting as usual. They suffered very heavily
at the end of 1895, partly because of the collapse in the mining
boom and partly because of the general political alarm that
arose out of the Armenian massacres. They have never re­
1897.
1
808.
Apr. 7.
Apr. 8.
covered from the blow they then received, and now they are
£
£
threatened with a measure likely to deprive them o f some of Circulation................................... 88,484,005 27,616,625
Public deposits.................... 12,«34,596 11,130,714
their most lucrative business.
Other deposits.........................
86,462,596 41,365,464
Added to this, investors in France are likely to suffer very Government securities.............. 13,197,05? 13,842,686
severely from the bankruptcy o f Spain. The finances of o th er s e c u r it ie s ....................... 85,411,765 28,978,381
Spain are in a desperate state. One of the puzzles of the pres- Reserve o f notes and co in . . . . . . 18,360,947 27.680,907
Coin & bullion, both departm ’ts 80,034,952 38,396,532
ent time is how Spain has been able to go on paying the in­ Prop, reserve to liabilities p.ct.
62 3-16
37%
terest on her debt While defraying the cost of the Cuban and Bank fa t e .. . . . . . . . . . . . .per cen t.
2
*4
112 3-16
Philippine operations^ But nobbdy believes that she can Consols, 2% per c e n t... . . . . . . . . . I l l
Silver..................................................
266. 2e%d.
avoid bankruptcy if she engages in a war with the United Clearing H ouse returns........... 188.540,000 147,789,000
States. It is estimated that French investments in Spain are
* April 7.




791

THE CHRONICLE.

1896.
A pr. 8.
£
26,534,980
13,748,101
48,909,161
15,210.953
28,083,620
37,113,170
46,878,150
59 3-16
2

1896.

Apr. 10.

£
26,316.738
7.676,179
81,924.832
12,466,928
17,8 U.275
27.136 621
36,633.365
68%
2
10116-10
3 1 3-16d.
30%d.
102,635,000 155,980,000

792

THE CHRONICLE.

EXPORTS PROM NEW PORK FOR THE WEEK.

Messrs. Pixley Sc Abell write as follows under date of
April 6:

'Gold—In consequence of the strong demand for New York, higher
prices have been paid for all arrivals. In addition to about £ 750,000
on the open market, consisiing of arrivals of yen, African gold and
Australian sovereigns. £246.000 in eagles and sovereigns have been
taken from the Bank. The Bank of England has advanced the price
o f United States gold coin to 76s. 8d. per oz. since our last The Bank
has received £51,000 from Austria, and has lost, £346,000, mostly for
New York, as above stated. Arrivals—
West Indies, £59,000; Aus­
tralia, £136,000; Capetown, £282,« 0 ‘>; Chili, £8,000; Japan, £255,000; total. £740,000. Shipments to Bombay, £17,500.
Silver—Indian orders, consequent on harder forward exchange,
coupled with temporary cessation of American sales, have caused
improvements in the cash rate, and the market closes steady at 26d.,
with little offering. The Bombay price to-day is Rs. 67 % per 100
Tolahs.
Shipments-Bombay, £107,200; China, £30,300; total,
£137,500. Arrivals—New York, £136,000; west Indies, £30,000;
Chili, £32,000; total, £198,000.
Mexican Dollars—There are no movements to report.

The quotations for bullion are reported as follows:
Mar.
31.

(5.

Bar gold, fine___oz.
Bar gold, parting.oz.
U .8. gold coin. ..oz.
Gerro’n goldooin.oz.
French gold ooin.oz.
Japanese yen_ oz.
_

s.

d.

S.

d.

7 7 1 1 % 77 11
77
76
76
76
76

11%
8
5
5
6is

77
76
76
76
76

Apr.
6

Si l v e r .

London Standard.

Bar silver, fine.. .oz 26

I lls B a r s ilv e r , c o n ta in ’ «
7%
do 5 grs. gold.oz.
5
do 4 srs. gold.oz.
5
do 3 grs. gold.oz.
6
Cake silver, „.„.oz.
Mexican dollars. oz.

M g'
* r*

A pr.

G old .
London Standard.

d.

d.
2511 iß

26 is
26& (j
1
2«%
28
26

263ie
26

For the week..
Prev. reported

$10,882,201
132,664,627

1897-8.
Imports ofwheat.owt.37,315,110
Barley.......................... 13,599,994
Oats..... ..............
9,166,910
Peas..................
1,659,400
Beans......................... 1,803,230
Indian c o m ................. 29,163,360
flo u r............................13,106,480

1896-7.
41.637.630
15,710,610
10,488,300
2,157,930
1,847,050
3_
\197,230
13.812.270

1895-6.
189<-5
39,418,870 41,192.646
15,734,620 17,927,144
8.048,980
8,195,577
1,719,620
1,5 L3,809
2,170,^62
2.706,432
28.140,200 16,044,814
13,060,300 11.911,270

Supplies available for consumption (exclusive o f stocks
September 1)

1896.

1895.

$8,146,571
$7,627,520
107,113,967 106,007,990

$6,608,646
95,689,270

Total 15 weeks $143.546.828 $115,260,538 $113,635.510 $102,297.916

The following table shows the exports and imports o f
specie at the port of New York for the week ending April 16
and since January 1, 1898, and for the corresponding periods
in 1897 and 1896.
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.

Exporta.

Gold.

Week.

Great Britain..........
France....................
Germany............. .
West In dies............
M exico....................
South America.......
All other countries.
Total 1898........
Total 1897........
Total 1896........
Silver.

Imports.

Since Jan. 1.

$566,802
............

Week.

Since J a n .l.

$200 $3.126,203 $16,322,315
481,395 11.504,845
1,557,950 11,020,058
4,319,387
382,828
1,178,009
1,219
31,400
95,912
13,255
213,450
292
90,077

$566,802 $4,415,821 $5,562,950 $40,360,154
10,000
1.070,321
5,262
1,107,474
1,072,600 15,484,618
37,244 17,984,984
Exports.
Imports.
Week.

The follow ing shows the imports of cereal t produce into
the United Kingdom during thirty-one weeks of the season : Great Britain..........
France.....................
IMPORTS.

1897.

1898.

2513,6

2 7 " ,6
25%

L 'r
X ,

[V o l ,

SinceJan. 1.

Week.

SinceJan. 1.

Germ any............... .
West Indies.............
M exico....................
South America.......
All other oountries.

$796,780 $11,696,943
449,000
410
227,276
14,159
23,000
170,505
600

$3,296
9,827
32,400
709

$4,117
22,232
529
126,775
386.623
295,861
15,777

Total 1898........
Total 1897........
Total 1896........

$819,780 $12,558,893
964,560 13,711,047
880.090 15,583,073

$46,232
48,203
55,710

$851,914
639,074
764,826

ok

RreadstufFs F igu res B r o u g h t F r o m Page 8 1 8 . —The
statements below are prepared by us from the figures c o l­
lected by the New York Produce Exohange. The receipts at
Western lake and river ports for the week ending Apr. 16, and
since Aug, 1, for each of the last three years, have been as
Total..................... 68,032,590 71,906,372 62,154,835 67,235,816 follows:

1897-8.
1896
1895-6.
1894-5.
Wheat Imported, cwt.37.315,110 41.637.630 39.418,870 41,192,646
Imports of flour........ 13,106,480 13.812.270 13.060,300 11,911,270
Sales of home-grown. 17,661,000 16,456,472
9,975,665 14,131,900
1897-8.
Aver price wheat,week. 35s. 3d.
Average price, season 34s. 2d.

1896-7.
27s lOd.
29s. Id.

1895-6.
24s. 7d.
25s. Od.

1894-5.
20s. 3d .
19s. 9d‘

BngUttb F in a n c ia l M arket»—F er Cable.

The daily closing quotations for securities, etc., at London
•re reported by cable as follows for the week ending Apr. 22 :
London.

Sat.

Mon.

Silver, per ounce.......< . 25%
1
Consols., new, 2% p.cts. 1107,„
. or a ccou nt............. 11058
JF
r’ch rentes (in Paris) fr. 02-37%
Atch. Top. & Santa Fe. 113s
Do
do
pref. 25%
Canadian Pacific.......... 8178
Chesapeake & Ohio._
_ 19
Ohio. Milw. & 8t. Paul. 90is
Deny. & Rio Gr., pref.. 44
Sirie, com m on. . . . . . . . . . 12*4
1st preferred............. 33%
Illinois Central______ 102
Lake Shore................... 186
Louisville & Nashville. 49%
Mexican Central, 4s .. 65%
Mo. Kan. & Tex., coin.. 11
N. Y. Cent’l & Hudson. 113%
N. Y. Ontario & West’ n 14%
Norfolk & West’n, pref. 47
Northern Pacific, com.. 23%
Preferred.................... 62%
P en n sylva n ia ....____ 58%
Phila. & Read., per sh .
8%
Phil. & Read., 1st pref. 20
Phil. & Read., 2d pref. 10%
Sonth’n Railway, com .
8
Preferred_ .. .
_
26
Union Pacific.............
20
Do
new pref.. 53%
Wabash, pretense;___ 15%

Tuet.

Wed.

25i5,fl 2515 ¡6 25i5ie
HO»,e 1103,6 110
110% 110»,.. 110%
102-25 101 75 101-30
11%
1138
11%
2534
25
24%
81%
80%
79%
18%
18%
1878
91%
8778
89%
44
43%
4 %
12%
12
1178
33%
32%
3 i%
102
101% 100%
18«
186
185
48%
50%
47%
65%
64%
65
10%
10%
10%
113% 112% 110
14%
14%
14%
46%
46
45%
23%
23
22%
61%
627s
6078
58%
58
57%
9%
8%
8%
20
19%
19%
10%
10
10
7%
7%
7%
26
25%
25%
20%
19%
19%
533s
52%
52 15%
15%
15%

Thurs,

xs
u

FOREIGN IMPORTS AT NEW YORK.

1898.

1897.

1896.

$1,611,344
7,122,757

$3,679,308
8,596.555

$8,734,101
T o ta l........
Since Jan. 1.
Dry goods....... $34,557,878
G en’l mer’dise 100,495,295

$12,275,861

$9,913,831

$40,022,871
109,764,576

$44,621,572
104,891,418

$2,035,924
7,877,907

i o t a ] 1 5 weeks $135,053,173 $149,787,447 $149,512,990

0S.388
33,140
82,"00
2,882
804
2,650

247,644
06,300
232,559
002,420
80,921
24,122
54,245
66,019
8,300
171,000

1,541,800
87,750
18,8 8
35,730
191,471
39,014
128,841
4-8,280
252,400
102,000

1,302,850
122,000
200.155
70,040
05.?87
24,293
99,6>.6
138,600
189,400
28,000

192,500
136,800
12,682

33,’ 00
27,000
23,901

5,945

2,100
5,314

1895

10,500
2,400
104,315
36,937
82.392
9,032,021
0,184 516
3,185,196

for th e
Rye,
bush.

225,225
6,285
1,800
84,050

51.S31
2,600
369.691
118,025

’ Receipts do not Include grain passing through New Orleans tor fo re ig n
ports on through bills o f lading.

Total receipts at ports from Jan.l to Apr. 16 compare as
follows for four years:
Receipts of—

F lour........................ bbls

189S.
5,876,961

1897.
4,597,118

T-'tal g ra in ....

”

120,291,212

1896.
3,807,878

1895.
4,495,441

5,972.146
69,1'3,761
16,107,254
2,915,420
1,547,1-37

3,678,152
19,813.941
12,151,056
2,323,791
365,988

5,324.541
7,K)3,1»5
9.044,586
1,19\263
113,867

96,245,948

W heat..................... bush. 23,617,817
C orn........ ; .............. “
0\OS8,iH7
Jata
....................
“
28,951,152
“
1,892,922
Barley.......................
Bye............................
“
9,790,854

38.882,928

23,181.421

$2,563,‘’ 7*2
The exports from the several seaboard ports for he wtek
8,147,785 ending Apr. 16, 1898, are shown in the annexed statement:
Wheat.
darn.
Flo \
ir.
oars,
Barley
Pent,
Uve,
$10,681,057
hum.
Exports from-—ftliflh.
bbls.
ft.. butib
butt ■ bush.
748,817 942.104
1 ork...
9-2,133 694,777 156,983
71,007
4,295
$50,400,189 BnHnn............ 223,116 2*0.601
16.961 2H9.804
29,483
24,0 > 17- ,60 L
2
105,559,875 Portland . . .. 80,724
8,465
1Ì7.819
410,187
Philadelphia..
21,461
6>./00
6 ',*27 182,229 134,931
$155,960,064 Baltimore. ... 336,398 1,513.506

The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending April 1.8 and from January 1 to date:




Chicago........
Milwaukee .
D u lu th ........
Minneapolis-

Fri.

I mports and Exports for the W eek .— The following are
thè imports at New York for the week ending for dry goods
April 14 and for the week ending for general merchandise
April 15 also totals since the beginning of the first week
In January.
For week.

Flour.
Wheat.
Com.
Oats.
Barley.
R e.
Bbls.196lbs Bush.60 lbs1
Rush.bQlbs Bush.32lbs Bush iSlhs Bu.50 Ibf.

2515,6 25%
3t. Louis . ..
22,510
5,250
109% lOOlìtB P eoria ..........
6,150
21.50C
10978 10913,«
01-37% 01-72% Kansas City.
1 0%
10%
Tot.wk.’98.
168,982 1,553.530 2,806,694
2,304,611
374,677
23%
24%
174,474 2,023,150 1,443,777 1,791,437
Same wk.’97.
326,667
76%
77
266,336 1980,634 1,517,026 1,910,891
lam e wk.’90.
358,148
18%
17%
87%
Since A uq. 1.
87%
42%
41%
8,092,179 84,669,557 178,769.9 5 138,128,404 31,943.731
1897-98..........
11%
11%
8,351,186 134,489,784 119,324 243 128,877,532 34,354,427
1896 97..........
31
30
1895-96..........
8,448,°<0l 170,991,214 91.907,354 109,292,505 34,490.310
100% 100
185
The reoeipts o f flour and grain at the seaboard ports
47%
week ended Apr. 16, 1898, follows:
63
62
Flotir. Wheat,
10%
10%
Corn,
Oats,
Barley.
Receipts at—
bbls.
bush.
bush.
bush.
bush.
110
109
Nevr York................. 129.418
581.825 1,830,900 1,234.800
9,750
14%
13%
Boston...................
250,010
87.733
199,983
750
45%
43%
59,030
M ontreal..............
1,600
765
110,245
22%
2158
Philadelphia...... .... 59,592
25,232
547,827
149.741
10,400
60%
50 %
248,219 1,101,664
Baltimore . . . . . . . . .
240.280
2,014
15.998 . 10,338
8.5S0
57%
57%
New Orleans*.......
167,7 0
476.032
27,885
«•%
8%
..
24.072
Portland. Me
8 ,724
170,601 . 8,455
29 488
19%
19%
40,000
Newport N ews. . ..
104,000
538,000
93,000
10
9%
412,' 00
7%
7%
Charleston
. . ..
7,857
25%
24%
' YoJO
O
19%
G alveston.............
61,150
7,200
4,900
18%
52
50%
Total w e e k .... .. 354.830 1,533,894 6,119,416 2,246,015
30,905
15%
15%
Week 1897............. .. 232,845
333,930 4,103,605
864,033
127,133

CmumcrcmX tmc H t isctll aueo
X

Dry goods.......
Gqn’l mer’dise

Receipts at -

Now Orleans.. 168,590
Norfolk..........
Ó
Newp’rt News I04.0Ó
Galveston ...
88,000
Charleston ...
P en sa cola....

293.415
412,999
588,000
25,714
71,000

T o ta lw ^ ... 1,749.645 4,511,134
S am etim e’97. 710,886 3,650,636

5,679

900

40,000
3,143
7,857

93,000

271,736 1,443.311
114,558 613,601

17.200
51,331
360,445
113,830

122,114
79,471
20,073 £ 107,521

The destination of these exports for the week and sinoe
September 1, 1897, is as below.
,— ---- Wheat.--------- ,
-Corn.---------Rxpvrts for
Week Since Sept. Week Since Sept. Week Since Sepi.
1.1897
Apr. 16. 1, 1897.
Apr. 16,
1,1897.
week and since Apr. 16.
bush.
bush.
hush.
bush.
bbls.
bbls.
Sept. 1 to—

Ut; Had Kingdom 201,476
89.773
C ontin ent...........
18,269
8 R 0 . America,
8,874
W est Indies..
2,040
Brit. S. A. Col’s.
1,805
Otnet countries..

7,078.655 1,063.8 '2 45,402.820 1,879,665 66.897,743
96b,8l9
680,813 34,933,*02 2,372,350 61,790.428
127,420
864,064
1,4-87
19,138
1,375
67,910 1,164,662
686,84 2
2,700
804,347
173,694
¿ ¿ 9,322
616,681
706.08«
200,963

T otal
... 271,736
T otal 1696-7........ 114,058

9,785.899 1,749,645 81,909,650 4,511,134 120,901.28
8,276,500
710,886 38,518,90o 8,650,686 12-,018,83

The visible supply o f grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, Apr. 16, 1898, was as follows:
Wheat.
bush.
In store at—
New f o r k ................ . , 1,426,000
Buffalo ..................... -,
Oo
afloat........

7933

THE CHRONICLE

A pril 23, 1898.]

662,000

5,020.1-io
Oo
a floa t....... , 286,000
.
84,000
M ilwaukee...........
Oo
a flo a t.......
D ii Ut l i .......... .............. 3,864,000
T
'~
a flo a t.......
2 ì 8,im <
jÌ
T oledo
....................
im
afloat..........
71,000
Detroit ..................... .
Oo
a flo a t ......
O tsego. .....................
874.0ÒÒ
St Lorn*....................
7,000
Cincinnati.................. .,
B o sto n * .....................-, 566.000
22.000
T oronto.......................
170.000
M ontreal.....................
Philadelphia............. -, 278.000
Peoria.
..............
44.ÓÓÒ
Indianapolis............. .
, 681.000
, 745,000
.10,750.000
Minneapolis...............;
172.000
On Mississippi R iver
3,154,000
On hakes..............
On oanal and riv e r...
Total A or. 10. 1888 29.154.' 00
30.129.000
Total Apr. 17; 1897 30,979,000
T otal Apr. i8. 1890.68,483,uO
O
T"*al Apr. 20,1895 öb.820.000

Corn,
bush

Rye.
bush.

Oats
bush

1,468,000

1,190,000

90,000

Ì 25,000
1256,000

75,000
1,563,000

15,082.000
954,000

918,000

227,(500
3,296,000
1,074,uoO

823,000
5,000

18,000

1,292,000

183,000
69,1'CO
9/100
255 000
21,000
1,098,000
442.000
144,000
30,000
23.000
256.000
1,216,000

8,000

8.00Ó

214,000

Bartei,
bush.

11,000

467,000
55.000
769,000
402,000
113,000
624,000
1,316,000
911,000
75.000
4,709,000
3Ì.917,000
40,100.000
24,103 000
17.170,000
11.620.000

45,000

136.000
251.000

i.OoO

399 -> 6
42,000
76,000

3,591,000

1,432,(500

422.000

‘ 14,000

8,000

8.000
19,000
’ 47,1)00

10.000
41.001

¿.Olid

14,000

6.000
233.000
43,000

19,000

1,841,0u0
40,000

5Ó7”ÓÒ0
,

157,00t

12.716 000
13.540 000
13,657.000
9.483.000
6,242,000

8,010,000
3.511,000
3.08O/'OO
1.618,000
167.000

1,095,600
1,137,i «0
8,293,000
1,037,0(0
511,040

* Fitchburg RR. elevator burned April 17, totally destroying 204,000 bushels
wheat, 105,00 >bushels corn and 6,000 bushels oats not included in stocks.

—(Messrs. F. J. Lisman & Co. announce in another column
that they are prepared to buy round amounts of railroad
bonds at concessions.

BANKS.
(00s om itted.)

Capital.

N e w Y o r k Ci t y .
A stor P lace............
C olon ial___ ______
C olu m bia............. .
E leventh W a r d ....
Fourteenth Street.
Franklin N ational.
G a n sevoort. . . . . . . .
H am ilton.......
H ide * Leath. Nat.
Hom e.
.............. . .
H udson R iv e r.......
M oudI M o rn s.......
M u tu al........... . . . . .
N ineteenth W ard .
P la za ___ ____ . . . . . .
Ri\ erslde.................
Standard National.
State.........................
T w elfth W ard .......
Twenty-third W ’d.
Union Square.........
Y orkville ...
A stor N at’l B a n k ..
B rooklyn.
B e d fo r d ........... . . . .
B roadw ay___ . . . . . .
B rooklyn................
E ighth W ard ___ _
F ifth A ven u e....... v
F u lto n .....................
K ings C ounty-.......
Man ufact’rs’ N at’]
M echanics..............
M ech’ s’ & Tradr’s'
Nassau N a tion a l..
N ational C ity.........
N orth S id e..
People’s........
QneensCo. (L .L C .)
Scherm erh orn.
Seventeenth W are
Sprague National.
T w en ty-sixth W ’d.
U n ion ...
....
Walla bout.......... .
O t h e r Cit ie s .
1st Nat., Jer. C ity.
Hn-l. Co. Nat. J. C.
2d Nat., Jer. C ity ..
3d N a t , Jer. C ity ..
1st N at., H oboken.
2d Nat., H o co k e r.
Bank o f Staten Is l.
1st Nat.,Staten I s l

$
250,0
loO.O
300,0
100,0
100,0
200,0
200,0
200,0
500,0
100,0
200,0
250,0
2(i0,0
100,0
100,0
100,0

T otals A p r, 9.

Deposit, with
Rei
Lee. T.
Loan* â.
c
Sur- Inv st- Specie. & B'k Clear’d Other DeRotes. A g e n t. Bks.Ac positi.
plus. merits.
$

100,0
200,0
100,0
200,0
100,0
300,0

$
355,6
48,6
185,8
112,6
44,1
9,3
24,3
94,5
140,2
81,8
186,8
82,0
94,7
22,3
105,7
94,3
30,7
65,0
148,7
42,8
269,9
114,5
1Ó0

2,619,2
742.9
1,813,8
1,143,6
682,0
465,0
674,1
1,271,4
2,073,3
.475,0
1,185,0
1,419,4
959,0
595,0
1,209,9
760,1
490,7
1,410,0
1,129,0
683,0
2,100,0
1,119,31,008,3

$
211,0
8,4
133,0
74,9
1.6,0
93.0
8,3
58,3
250,8
90,6
25,0
72,y
22,0
24,0
18.0
7,7
13,7
61,0
38,5
18,9
52,0
103,3
102,5

$
40,4
05,3
110,0
• 92,2
125,5
15.0
46,7
100,8
62,2
64,4
81.0
112,0
103.9
125,0
119,9
30,0
33,2
30,0
111,0
101,6
180,2
77,8
107,0

150,0
100,0
300.0
100,0
100.0
200,0
150,0
252,0
500,0
100,0
300,0
300,0
100,0
100,0
100,0
100,0
100,0
200,0
100,0
100,0
100,0

110,3
115,7
165,3
31,0
51,2
180,9
78,9
397,1
426,9
189,2
562,9
539,7
108,1
106,0
117,6
58,8
66,2
206,9
51,2
48,1
31,5

31,5
967,7
1,173,0
25,3
56,2
1.273,7
267,9
13,0
569,4
20,4
1 004.4
53,8
598,5
40,9
2,173,1 211,1
96,4
2,228,5
899,3
38,4
3,682,0 241,0
2,192,0
86,0
1,346,5
9,6
777,6
52,0
1,541,0 148,6
521,9
26,6
403.6
8,7
1,068,7
91,9
351,2
11,1
7,0
285,0
471,4
16,1

67,0
162,5
03,0
20,1
24,5
38,2
31,4
230,2
132.7
3». 7
225,0
317,0
52,9
29,4
200,0
22,3
43,3
14,0
14,2
14,0
30,1

400,0
250,0
250,0
200,0
110,0
125,0
29,0
100,0

718,1
511,0
375,9
172,8
405,6
79,2
42,6
68,2

3,808,2
2,113,7
1,000,4
900,7
1,490,1
737,8
416,4
655,1

Q,2 1 2 ,0
Q ,2 I2 ,0
Ç ,2 /2,0

92,4 216,4
79,1
43,7
S),4
64,3
27,2
62,1
92,9
64,7
40,3
32,7
12,6
14,8
16,1
24,7

$

181,1
100,0
170,0
277,8
164,7
102,0
83,7
118.0
117,8
68,7
172,0
119,5
127,6
104,0
155,1
60,6
50,0
151,0
157,6
66,1
168,8
115,6
34,1

$
$
105,0 2,806,®
841,1
1,884,0
1,495,7
924,2
«...
460,0
520.6
3,7
1,369,®
1,528,1
24,0
603,8
1,204,0
130,0 1,765,1
38,3 1,010,0
6,9
820,0
1,287,4
734,2
.4
272,0
132,0 1,691,0
110.0 1,549,1
112,2
886,4
2,399,0
1,197,2
1,004,3
—

_

85,0 1,091,0
93,1
58,9
1.265.9
140.7 103,7 1,328,2
43,5
9,0
244,4
58,7
544,0
34,8
97,8
883.8
*
109,1
608.8
611,2
2/789,4
163,4
2,218,0
140,1
910,4
32,7
433,0
64,0 3,8(10,0
549,0 159,0 2,834,0
40,1
49,9 1.309(0
83,2
892,-8
73,7
291,3 160,9 2,214,9
79,8
500,0
109,1
894,5
300,0
11,0 1,030,0
44,2 100,6
428,1
248,5
30,7
50,0
77,0
504,2
27,5
391,4
170,0
185,9
130,7
117,9
54,5
61.0
68,4

400,5 4.101.T
180,9 1,956,1
1,300,9
164,7
933,5
177.0 1,418;»
101,8
796,0
459;2
,7
512,0

8 3 7 1 ,2 (>13433 7,2 2 1 ,q 4,4K)3 7,àoj,3 2,7093 (>5,78j,b
8 3 7 1 ,2 bo,807,2 1 ,ibq,o 4 ,1 4 0 ,0 8 3 3 2 ,0 2 ,qob,S 03,897,0
83713 59,8973 135b,43,897,7 8 37 3,0 2 ,9 11,4 04.4533

0 ^ ' F or su m m a rie s o f-th e w e e k ly re tu rn s o f the b an k s in 'N ew
Y o r k City» P h ila d e lp h ia and B o ston , see n ext p ag e.

New York City, Boston and P hiladelphia Banks.—Below
New Fork City Clearing House Banks.—Statement of con­
dition for the week ending April 16, based on averages o i we furnish a summary 6f the weekly returns of the Clearing*
daily results. We omit two ciphers (0 0 ) in all coses._________ House Banks ò f New York City, Boston and Philadelphia.
The New York figures do hot include results’ for the nonCapital !Stirpi’s Loans. Specie. Legats. Deposits membèr banks.
Banks,
Bank of New York. . *2,000,0 $1,807^4 $Ï3>eo,o $3,390/0 $ 1,000,0 $14,520,0
Capital A
Manhattan Qo.. . ....
Merchants’ .........i.i
Mechanics’ _ ____
_
America . .............
Phenlx.... ............ .
City
.......... 4
Tradesmen's....... .
Chemical.-,..........
Merchants* Exch’ge
Gallatin................
Butchers'& Drov’rs’
Mechanics’< Trad’s’
&
Green with ----------Leather Mannfao’rs’
Seventh. .... ... . .. .
State of New York..
American Exchange
Commerce........

EMutkjlT............

Mercantile..............
Pacific.....................
Republic................
Chatham.......
People’s.......... .....
North America---- H anover................
Irving.....................
Citizens’ .................
Nassau....................
Market & Fulton...
Shoe < Leather......
fc
Corn' Exchange......
Continental.............
Oriental .................
Importers’* Trad’rs
Park............. 1........
East River...... ........
Fourth, ............ .....
Central ..................
Second................
Ninth.....................
First.......................
N. Y. Nat’l Exoh’ge.
Bowery....................
New York County..
German American..
Chase.......................
Fifth Avenue..........
German Exchange..
Germania................
Lincoln............. .
Garfield...............
Fifth........................
Bank of the Metrop.
West Side..............
Seaboard.............. .
Sixth.......................
Western.........
First Nat. B’klyn...
Nat. Union Bank...
Liberty.. . ............
N. Y. Prod. Exeh’ge.
Bk.of N. Amsterdam

2.050.0 2, 100,8 14.700.0 4.602.0
2,000,0 1,081 0
l,9 8 fi8
1.500.0 2.607.2

’ 2,000,0

. 1,000,0

280.3

1,000,0 8.867.3

760.0
113.8
300.0 6.988.4
163.9
, 600,0
1, 000,0

: 300,0
400.0

i,7ml

106 7
228,5
200.0
163.4
477.9
600,0
90,1
300.0
1 200.0
496.7
6 ; 000,0 2,586,9
5.000. P‘ 3,527,6
0
1 000 0 1.665.8
1,000,0 1.005.8
465.4
422,7
836.0
1.500.0
980.3
450.0
250.8
200.0
551.5
700.0
1,000,0 2,219,6
348.8
600.0
377.1
600,0
204.3
500.0
998.1
900.0
163.7
1, 000,0
1, 000,0 1,314,0
221.1
1, 000,0
406.3
300.0
1.500.0 5.587.5
2 , 000,0 3.240.5
148.4
250.0
3.200.0 2.033.6
488,2
1, 000,0
695.0
300.0
281.8
750.0
500.0 7.557.6
66,9
300.0
618,8
250.0
420.6
200.0
285.7
750.0
1,000,0 1,068,3
100.0 1.113.8
570.7
200,0
711.4
200,0
690.8
300,0.
827.1
200,0
307.9
200,0
816,8
300.0
341.1
200.0
335.5
500.0
342.2
200.0
648,7
2.100.0
940.9
300.0
847.6
1, 200,0
302.6
500.0
314.6
1,000,0
277,5
250.0

.

. .

i i ,5 i r ,2 3.002.7
'9,401,0 1.958.0
18.023.0 4.117.0
304.0
3.812.0
64.984.1 24.918.0
3.320.6
667.3
24.233.4 7.139.6
4.071.7 1.045.0
954.4
0,700,5
200,3
1.108.1
430.0
2.047.0
101.0
898,5
8.101.1 777.0
416.0
1.822.8
040.6
3.324.2
25.247.0 2.095.0
24,970,3 2.800.3
5.901.5 1.183.2
8.669.0 1,908.9
081,2
2.535.3
14.904.5 4.263.6
. 6,»7 2 ,4
, 730,7
280.1
2.027.5
9,942,8 2.184.2
23.284.2 8 110.2
3.301.0
527.0
2.350.0
680.6
2.401.0
884.2
5.432.5
927,7
3.590.7
790,9
8.986.6 1.151.4
6,277,2 1.259.5
142.3
1.830.1
21.492.0 7.185.0
34.164.0 10.925.0
1.254.0
243.5
17.144.0 4.711.5
9.130.0 2.808.0
5.540.0 1 210.0
3.112.5
601.0
29.111.3 4.812.8
1.368.2
189.5
3.123.0
553.6
3.183.8
686,1
2.680.3
281.7
21.264.4 8.069.0
7.491.0 2.181.5
162.4
2.322.5
578.0
3.467.6
'6,471,8 1.461.9
5.251.1 1,203,2
567.0
1.845.0
4.915.6 1.205.9
2.302.0
378.0
8.223.0 2.018.0
229.0
1.770.0
23.252.0 4,380,4
552.1
5.128.0
.Ö 1
10.827.5 2 U .1
502.7
2.974.7
802.1
3,603,6
580,3
2.586.2

.

.

2.103.0

1.197.5
-840.0
1.744.6
621,0
3.280.7

280.3
2.046.1
313,9

1,035,6
145.5

18s,0
180.4

244.1
107.1
234.6
2.302.0
L870.0

108.3
1,339.5

18.623.0
14.105.4
8.917.0
21.040.5
• 3,445,0
'77,954,4
3.384.3
20.174.0
5.267.1
5.702.3
1.327.1
2,260,0
830,1
3.020.6
2.249.3
. 2,776,8
19.602.0
19.150.8
5.390.8
9.919.3
•3.070,0
17.292.4
5.782.9
2.377.3
11.431.0
31.881.9
3.609.0
2,790,8
3.073.2
5.008.7
3,9»7,3
10.118.7
0,165,6
1.890.3
24.315.0
43.017.0
1.247.7
21.509.5
11.804.0

Surplus.

Loans,

Legale. Deposit«.-) Olrc’J’n. Clearing*.

Specie.

$
$
$
$
- Ill*
N. IT.*
$
9
Mar. 26.. 133,281.8 000.108.4 1362896 68,974,5 885,850.5 13,861,4 011.838,2
Apr. 2 . 183,281,8 595,851.2 1415562 04,728,8 682.286,8 13,865,6 782,961,7
’ 9. 133,281;» 587,783,3 1429770 •69,518,7 609;830.9 13,884,1 665,828;3
10.. 133,281,8 580,085,4 1475814 55,694,6 063,619,3 13,939,1 630,947,7
B ò a .*
Apr. 2
08,587,6 179,710,0 11,382,0
9,651.0 178,170,0 5,423,0' 101,024,0
9.. 08.587.3 178,095,0 11.474.0
8 890,0 170,250.0 5,563,0 95,665,9
A p r; 10.. 08,587,3 170,385,0 11,835,0
8,431,0 170,787,0 5,704,0 93,153,0
Pit i l a . "
Apr. 2. 35,388,0 115,675,0
33,840,0
121,414,0 5,860,0 ) 09,661,6
9.. 35,388,0 112,845,0
119,790,0 ,5,815,0 00.990,7
34,287,0
10. 36,388.0 112.745,0
121,206,0 5,813,0 66,1-25,2
■35,272 0
* We emit two ciphers in all these fl'iures.
t Inclu din g fo r B oston and Philadelphia the item “ due to other anks.’’

,4
4
4
4

4
4

A uction Sales.—-Among other securities the following, not

.288,1
regularly dealt in at the Board, were recently sold at auction
. 370,7
713.0
! By Messrs. R. Y. Harnett & Co:
230.3
Shares.
Shares.
607.7
149 N Y. Bottling Co.......£ $30
20 Amsterdam Electric
2.453.8
450.3
Light, Heat & Power
1 Membership N. Y. Pro140.0
C o . . . . . .. ..................... 25
duoe Exchange........ ...... $132 50
410.0
66 Mechanics’ & Traders’
75 King Iron Ore Co., $1
508.2
each........... ................. $25
#
B a n k ....................... 115-1151
227.2
1.389.0
By Messrs. Adrian H. Muller & Son :
349.3
460.4
Shares.
Shares.
1.489.0
40 Mechanics’ National B’k,1821
2 15 Oswego & Syracuse RR, ,
2.782.0
10 Corn Exchange Bank__ 280
Co. (Guaranteed)........ 206
127.3
100 U. 8. Security Co, for­
20 Beal Estate Ex. & Auot.
4.537.9
merly U. S, Contracting
Room, L im ited ........ 76^-81
490.0
6.680.0 125 Hudson Building Co....... 26
715.0
C o ...................... 25c. per sh.
3.224.0 250 Daly Mining Co of Utah
237.0
12 Amerioan Ex. Nat. Bankl65
840.1 27.202.5
75 Meehan < Traders’ B’k. ,115
fe
$2o each........... 89 cents each
1.214.3
105.1
6 0 Rutgers Fire Ins. Co...... 115
10 ContinentalNat’lBauk..125
3.502.0
330.4
342.0
3,948,6
324,3
2.532.0
3.329.0 30.398.7
9.652.4
1,052,4
3.148.3
675.6
4.798.3
840.8
6.960.2
203.1
0,243,0
349.6
2.363.4
149.1
6.464.4
801.5
2.500.0
309.0
931.0 10.358.0 « 7 «fc 2 9 P I N E S 3 r » K K T ,
NEW iO B K 1
1.451.0
103.0
65 State Street, Albany.
2,830,3 27.140.0
5.288.0
910.1
IN V E S T M E N T S E C U R IT IE S .
487.2 11.491.7
3.047.3
228.5
3.190.5
75,9
2.795.1 öBOEöifi B a r c l a y M o f f a t .
184,0
A l e x a n d e r M. W h i t s , J b

Total ...................... 58,922.7 74,269,1 580,085,4 14753141J56,«94,5 003,519,3

Reports o f Non-Heniber Banks.—The following is the
statement of condition of the non member banks for the
week ending April 16, based on averages of the daily results.
We omit two ciphers (0 0 ) in alt cases.




BANKS.

gtwlnug amt JfuxauciaL
Spencer Trask & Co.,
BANKERS

M

& W
BANKERS,

o f f a t

N o . 1 NA.SSA.H S T -ig E E C .

INVESTM ENT

-

hjte

,

N E W Y O ttJ A

SECURITIES

791

THE CHRONICLE.

The follow ing were the rates o f domestic exchange on
New York at the under-mentioned cities to-day: Savannah,
buying 1 16 discount, selling 1 16 premium: Charleston buy­
ing par, selling ^prem ium ; New Orleans, bank, par; com ­
mercial $1 00 discount; Chicago, par ; St. Louis, 1244c. Der
$1,000 discount.

S in k e r s ' d a m ile .
DIVIDENDS.
Per
When
Cent. Payable.

Name o f Company,
R a ilro a d s (S team .)
Chootaw Oklahoma & Gulf pref.
L. Erie & Western pref. (quar.)..
Pittsburg Virginia & Charleston.
Street R a ilw a y s.
Columbus (O.) St. Ry. (quar.)___
D ry Dock E. B’ way & Battery
R R , N. Y. (quar.)....................
B an k s.
American Exohange National...
German Exchange (annual).......
Germania.......................................
Green wl o h .....................................
Pacific (quar.)...............................
T ru st C om panies,
Farmers’ Loan & Trust (quar.)..
n
“
(extra)..
UTlncellaneona.
Cons’d K. O. Smelt. & Rfg. pf.(qr.)
Edison Elec. 111. (Boston)............
National Starch Mfg. 1st pref....
Pullman’s Palace Car (quar.) ___

2%
1%
2%

Books closed.
(Days inclusive.)

to
■April 30 ___
May 16 May 1 to May 16
May
1 ---------- t o -------------

1

May

2 Apr. 23 to May

1

1%

May

2 Apr. 23 to May

2

3%
10
5
3
2

May
May
May
May
May

1
2
2
2
2

5
1%
1%
2
2

} May

Apr.
Apr.
Apr.
Apr.
Apr.

23
16
20
22
20

to
to
to
to
to

May
May
May
May
May

2 Apr. 21 to May

Coins.—Following are the current quotations in gold for
co in s:
Sovereigns........... $4 85 ®$4 88
Napoleons............ 3 84 ® 3 87
X X Reiohmarks. 4 74 ® 4 78
25 Pesetas........... 4 78 ® 4 81
Span. Doubloons.15 50 ®15 60
Mex. Doubloons.15 50 ®15 60
Fine gold bars... pa r® % p rem .

United States Bonds.—Sales 'of Government bonds at the
Board include $113.000 4s, coup., 1925, at 118 to 120; $131,000
4s, reg., 1925, at 116% to 118%, and $35,700 4s, coup., 1907,
at 108 to 1051%.
The following are the closing quotations :
2

Apr. 15 ---------- t o ---------May
2 Apr. 16 to May 2
May
2 Apr. 23 to May 2
May 36 May 3 to May 16

W A L L S T R E E T , F R ID A Y . A P R I L 2 2 , 1 8 9 8 - 5 P. M.

Interest April April A^ril April April Apr il
Periods.
16.
18.
21.
2s,...................... reg. Q. -Moh. * 95 * 95 * 95 * 95 * 95 * 95
*
4s, 1 9 0 7 ............reg. Q .-J a n . *108% *107% *107 *107 *107 *107
4s, 1907.......... ooup. Q .-Jan . 109 's 108% 108 *108 *108 *108
4s, 1 9 2 5 ....... reg. Q .-F eb . 118% 118
116% *116% 117% 116%
4s, 1925.......... coup. Q .-F eb . 119
118% 118 *117% 118
118
5s, 19 0 4 ............reg. Q ,-F eb. *109% *109% *109% *109% *109% *109%
5s, 1904..........coup. Q .-F eb . *1)1 *111 *110% *110% *110% *110%
6s, oUr’oy,’9 9 .. .reg. J. & J. *103 *103 *103 *102% *102% *102%
4s, (Cher.) 1899.reg. March. *100 *100 *100 *100 *100 *100
* This is the price bid at the morning board; no sale was made.

State & R ailroad Bonds.—Sales of State bonds at the
Board are limited to $10,000 Virginia fund, debt 2-3s of 1991
at 65 to 66.
As shown by the table following, the volume o f business
in the market for railway bonds has steadily increased from
a lit' le over $500,000 on Monday to $1,105,000 on Thursday, and
the quotations on subsequent pages show that prices a re gen­
erally lower. The market has been relatively steady, fluctua­
tions showing a much narrower range than in the market for
stocks. In many cases the decline recorded is only fractional,
while in some instances it is over 2 points. There is practic­
ally no investment demand, and offerings are generally taken
only at concessions. Activity was confined to a few bonds, i
including Atchison, Chesapeake & Ohio, Missouri Kansas &
Texas, Northern Pacific, Reading, Union Pacific and the
Oregon issues.
Stock and Bond Sales.—The follow ing shows the volume
of business, in stocks and bonds, on the New York Stock
Exchange for the past week, and since January 1.
Sales
r-Week ending April 22— ,------ Jan. 1 to April 22.—— .
.
N. Y. Stock Exch.
1898.
1897.
1898.
1897.
Government bonds
State bonds...........
R R. & mise, bonds.

$
59,022,700
74.259.100
580.085.400
13.939.100
663,519.300
147.631.400
55,694,500
203,225.900
165,879,825

$

1896.
April 18.

$
59,772,700
73.953.800
503,^88,200
15.454.800
568,859,200
86,624,300
102,557,400
189,181,700
142,214,800

$
61,122,700
72,833.300
466,219,800
14,351.900
484.057,000
58,629,400
80,524,200
139,153,600
121,014,250

Surplus reserve 37,346,075 Ino .2,309.600 46,966,900

18,139,350

Capital.................
Surplus................
Loans & dlso’nts.
C ir c u l a t io n ..........

Net deposits........
S p e c ie ................
.Legal tenders....
Reserve held.......
Legal reserve___

Deo.7,697,900
Ino.
55,000
Deo. 6,317,600
Inc.4,554,400
Deo.3,824,200
Ino. 730,200
Deo.1,579,400

The Clearing-House, on Oct. 30, 1897, also began issuing
weekly returns showing the oondition of the non-member
banks which clear through the Clearing-House institutions.
The statement in full for the latest week will be found on
« preceding page.
F oreign Exchange.—The market for foreign exchange
has been steady, but with a tendency to firmness on a rise
in private discount rates abroad and sales of securities for
foreign account.
To-day’s actual rates o f exohange were as follows: Bank­
ers’ sixty days’ sterling, 4 79%@4 80 ; demand, 4 83%@
4 84; cables, 4 84%@4 84%; prime commercial, sixty days,
4 79%@4 79%; documentary commercial, sixty days, 4 78%@
4 79; grain, 4 79%@4 79%; cotton for payment, 4 79%@4 79%;
cotton for acceptance, 4 79@4 79%.
Posted rates of leading bankers follow :
April 22.

Sixty days.

Prime bankers’ sterling bills on London
Prime com mercial.................
Documentary commercial.........................
Paris bankers’ (franos)..............................
Am sterdam (guilders) ha.nlrers___________
Frankfort or firemen (reiohmarks) b’kers

4 80%®4 81
4 79% ®4 79%
4 78%®4 79%
5 25%® 24>5,„
3 9 ii,6®39%
93Uie®93%




$284,700
10,500
4,728,000

T otal................. $5,021,200
Stocks—No. shares
1,200,000
Par v a lu e ....$115,626,350
Bank shares,par val.
$4,000

$290,000
10,000
5,862,700

$2.053,000
455,700
250,250,610

$5,102,20
700.600
180,416,640

$6,171,700
$262,668,310
$136,300.34
002,711
33,173,806
14.384.38
$04,814,350 $3,228,408,475 $1.377,077,.3
$11,800
$84,700
$118,90

W e add the following record o f the transactions for eac
day of the week.
’

Differen'8/1*70.
1897.
Prev. week.
April 17.

Fine Silver bars.. — 553*® — 56%
Five francs.......... — 93 ® — 96
Mexican dollars.. — 45%® — 46
Peruvian s o ls .... — 41%® — 42%
English silver... 4 82 ® 4 85
U. S. trade dollars — 65 -» — 75

8
1
2
2
1

The Money M arket and F inancial Situation.—Develop­
ment in international affairs has been rapid this week, and
our future relations with Spain are no longer a matter o f
doubt. O wing to the fact of abundant warning, the certainty
o f war has as yet had little effect in financial circles. A t
the Stock Exchange business has been limited in volume and
confined chiefly to liquidation by cautious holders, selling for
foreign account, and the operations of professional traders.
Securities of all classes have declined, the new Government
4s showing a loss of 2 points within the week. Stocks, how­
ever, are not generally down to the low quotations recorded
in March. Notwithstanding firmer money markets abroad
and sales of securities for foreign account, the rates for foreign
exchange remain about as reported last week. Gold imports
have continued, the amount for the week being $4,125,0 0
and the total to date $53,560,000. The money market has
been firm, but rates are generally steady.
The open market rates for call loans on the Stook E x ­
change during the week on stook and bond collaterals have
ranged from 1% to 3 ^ per cent. To-day’s rates on call were
1% to 3 per cent. Prime commercial paper is quoted at
6 to 7 per cent.
The Bank of England weekly statement on Thursday
«bow ed an increase in bullion of £833,610 and the percentage
o f reserve to liabilities was 39 86, against 38*40 last week; the
discount rate remains unchanged at 4 per cent. The Bank
o f France shows an increase of 3,375,000 francs in gold and
1,825,000 francs in silver.
The New York City Clearing-House banks in their state­
ment o f April 16 showed an increase in the reserve held of
$ 780,200 and a surplus over the required reserve o f $37,346,075, against $35,036,475 the previous week.
1898.
April 16.

[ V o l . LXYI,

----------- Stlocks -...- —s Railroad, de. State
P o r value.
Bonds.
Bonds.

8. Shares.

T . S.
T
Bonds.

.. 140,403

$10,841,800
11,050,600
17,485,700
05,734,650
08,030,000
00,081,700

$450,500
510,000
760.500
1,000,500
1,105,000
868,500

500

$00,000
45,600
65,000

5.0ÒÒ
5,000

132,000
13,000

$115,606,350

M on d a y ....

$4,706,000

$10,500

$084,700

R ailroad and M iscellaneous Stocks.—In the market for
stocks prices have steadily declined through the week until
to-day, when there was a reaction, and closing prices are
about 1 point above those of last night. The movement
was on a limited scale during the early part of the week
while there was still ground for hope that actual hos­
tilities might be averted, but increased in volume as that
hope disappeared. Sales for foreign account have been a
feature, hut the decline o f shares with an international mar­
ket is not conspicuous, the movement having been general.
American Tobacco was exceptional in a loss of 13 points, a
part of which it has regained. In onlv a few cases, however,
are the prices now recorded as low as those which followed
the destruction of the Maine.
The following table shows highest and lowest, within a few
weeks, and the closing to day:

Price in
February.
Burlington & Quincy....................................103%
....103%
St. Paul...........................
96%
North West......................
130%
Rock Island.................................................... 93%
Illinois Central.............................................107
....1 0 7
Louisville & Nashville.................................. 60%
Manhattan Elevated.................................... 119%
Metropolitan Street R y................................171%
....17 1 %
Demana.
New York Central......................................... 1193s
Pennsylvania........................
4 84 ®4 84% Northern Pacific, p r e i............................... 120%
68%
Reading, 1st p r e f......................................... 54%
Union Pacific, pref.......... ........................... 63%
5 231%«® 23% American Sugar............................................140
39%®39i5le People’s
94% ® 943, fl Western Gas (Ohio.)...................................... 99%
Union Telegraph............
. . . 92%

Lowest
in March.
85%
85%
113%
80
96%
45
91
125%
105
110%
56%
36
45%
107%
86%
82%

Olosin a
to-daÿ.
89%
84%
115%
83%
97
45%
92%
135%
107%
111%
58%
36%
50%
114%
87%
85

A pril 83,

U98 j

TH E

C H R O N IC L E —s t o c k

N ew Y o r k S tock E x ch a n g e — A

p r ic e s

Saturday, Monday, Tuesday, Wednesday Thursday, Friday,
A p ril 16. A pril 18. A pril 19. April 20. April 2 1 . April 22.

*79#
540

80
40

*180,
*180
*180
*180
*
“180
11
*10
12
11
13
*11
*11
*11
13
18
34
*30.
34
3 4 # 3 4 # *32
3 4 # *32
*34
35
10# 10#
11
10# 10#
10# 10#
11#
11# 11#
23# 24#
23# 24#
24
24#
2 4 # 2 5 # '2 4 # 2 4 #
15# 15#
15# 15#
*1 5# 1 7 #
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17
§17
17
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*0
*6
0#
*0
*0
6#
6#
0#
6#
*102 105 *102 105 *102 105 *102 105 *102 105
35# 80#
3 5 # 86
80#
37# 37#
36
3 0 # 37
30#
3 0 # *20
3 0 # *20
*20
3 0 # *20
3 0 # *20
*59
65 *
65
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05
*59
*59
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546

80
46

77#
47

78
47

70
40

76
40

73
40

75#
40

72
§45

73#
40

90#
88# 88#
11#
1 1 # *11
17#
1 7 # 18
100 *151 100
*100
*166
*166
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90#
8 8 # 90
88
9054 9 1 #
90# 90#
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91# 92#
91#
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53
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♦51
53
49# 49#
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93
12#
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12
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93#
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100

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87# 87#
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♦108
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49
0#
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84#
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27*1
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1 0 6 # 1O0M 100
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no**
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152
40

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86# 87#
141 141
110#117

6#
25
107
43#
14
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5#
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33#
17#
22
42

£*78
20

*168
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154
40

91
12
18#
160

*20
23
*6 #
7#
23
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86#
85
140#140#
1 1 5 # 116 #

88#
11#
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*18
20
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8
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83# 85#
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115 110 # 115 116

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49
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40

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154
40

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82
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*716

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80
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106 1 00 # 104
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*
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82
82# 84#
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27#
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154
40

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155
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98#
9 7 # 98
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20
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5
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ti
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;°

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*12
*00
*28

14
73
81

109#110#
14
*12
78
*00
*28
31

108# 109#
12
12
73
*60
31
*28

1 07# 109#
11# 11#
*60
73
*28
31

106# 108#
§11# 1 1 #
*00
73
*28
31

106#107#
§11# 1 1 #
*00
73
*28
31

§120 120
*184 188 *184 188 *184 188 *182 188 *183 180 *183 188
14
13# 13#
13# 13#
14# 14#
14#
14# 14#
14# 14#
14
14
14
*10
15
*10
*10
14
*10
1 5 # *10
*10
■
12# 12#
1 1 # 1 1 # §10# 1 0 #
*1 2# 15
*12
15
*1 2# 15
43#
43
43
44#
43
44# 44#
44
44# 44#
45# 45#
21
22
22#
22# 22#
2 2 # 23
21#
21# 22#
21# 22#
5 7 # 59
58# 60#
57# 59#
60# 01#
59# 60#
60# 60#
*43

47

*43

48

*43

48

*43

48

*41

45

* These are hid and asked p rices; no sales on this day.

OUTSIDE S EC U R IT IES (G iven - at
S ir r s f B f t i l w a v » .
NEW YORK CITY.
Bleeck St & Ful F—Stock.
li t mort 7s 1900 . . .J&J
B’way & 7th A ve—Stock.
1st mort 5s 1904...J&D
2d mort 5s 1914... .J&J
Con 6s 1948—See Stock
B’ way Surf 1st 5sgu. 1924
2d 5s tnt as rental ,1905
entrai Crosstown—Stock
■ 1st M 6s 1 9 2 2 .....M&N
Con Pk N & E Riv—Stock
Consol 7s 1902.......J&D




Bid.

Ask.

32
34
103 107
205 212
100 110
110 112
Exch 1 ist.
115 117
100 1Ò7
250
122
177 185
110
113

*40

45

STOCKS.
N. Y . S T O C K E X C H .
R a ilr o a d S to ck s.
A lbany & Susquehanna..
-¿Ann A r b o r ......................
Do
pref.
Atch. Topeka & Santa Fe.
Do
pref.
T>altimore & Ohio............
JL>alt. & O. Southw., pref.
Bost. & N. Y. A ir L.. pref.
Brooklyn Rapid T ransit...
Buffalo Roch. & Pittsburg.

Sales Range f o r year 1 8 9 8 . 1 Range fo r previ- |
o f the On basis of ico-sh're lots'. ous year (1 89 7 J .
Week.
Lowest. Highest.
Shares Lowest.
Hig est,

1
8 170 r Feb' l7 7 # A p r
8‘
9. Jan. 1 5 # Aug
7| 2 2 # A p r 40 A ug
7¡
9 # A p r 17 Sep.
8¡ 17 A pr 85#Sep.
8
9 J ’ly 21#Sep.
9 #S ep.
3
2 J ’ne
9 1 102 Mar 1U0 Oct..
18! 1 8 # Jan. 3 7 # D e e
6 1 0 # May 81 Dee
8 5 4 # J ’lv 0 6 # D e o
Burl. Cedar Rapids & N o ..
10 68' ” Apr 70 A ug
20 46# M a r 82 Deo
/Canadian Pacific..............
VJanada Southern............
5 44#Jan. 62#Sep.
68 Dee
Capital Traction.................
25
Central o f New J ersey... .
2,910 86#M ar 26
7 08#M ay 103#Jan.
320 l l # J a n 4
7*&Apr i s sep.
Central Pacific....................
10
Chesapeake & Ohio............
5,116 17#M ar 20
1 15#M ar 2 7 # A ug
14 147 J ’ly 17U Mar
§150 Mar 14
§160 Mar 24
Do
pref.
14 1 61 # M a y'1 75 # N ov
Chicago Burl. & Q u in cy... 130,250 85# M a r 26
11 69#Jan.|102#Sep.
Chicago & East. Illin ois...
200 49 Apr 19
1 87*¿J’ne b i sep.
Do
pref.
100 102 Jan 7
1 95 Jan. 103 Sep.
Chicago Great W estern ...
5,940
9 # F e b 24
8
S # J ’ne 2 0 # A u g
Do 4 p. c. debentures.
71#O et. 75 Deo
Do 5 p .c.p re f. “ A ” ..
28 Mar 15 8 6 # Jan 28 8 1 # Aug 43 Sep.
Do 4 p. c. pref. “ B ” ..
100 20 Apr 21 2 5#Jan 14 19 "A ug 33#Sep.
Chic. Indianap. & Louisv..
7 Feb 24 10#Jan 14
8 Oct. 18 A ug
Do
pref.
250 23 Apr 10 3 3# F eb 2 26 Nov S8#Sep.
Chicago Milw. & St. P a u l.. 138,055 8 3 # A p r 21 97# J a n 12 6 9# A p r 102 Sep.
Do
pref.
667 1 40 # A p r 20 149#F eb 10 180#M av 140 Sep.
Chicago & North Western. 11,055 11 8#M ar 12 1 30#F eb 11 1 01 # A p r il3 2 # S e p .
Do
pref.
168 Jan 8 175 Mar 7 158 Jan. 165#Sep.
Chicago R ock Isl. & P a c .. 29,418 80 Mar 25 9 4#Jan 28 6 0 # A p r 97#S ep.
Chic. St. P. Minn. & Om ...
200 65 Mar 12 79 Feb 11 47 Jan. 89# S ep .
Do
pref.
§148 Jan 5 155 Feb 28 1 38 # Jan. 1 50 # D e e
95$Mar 3
80
400
83 Feh 5
Clev. Cin. Chic. & St. L ... .
1,310 25 Mar 12 38#Jan 31 2 1 # J ’ne 4 1# S ep ,
Do
pref.
205 77#M ar 9 87 Feb 1 63 J ’ne 86# S ep ;
3,100 1 l*?Mar 26 1 QT^.Tnn 12
4 7 ' ’ Feb 23 5 0# F eb 9 89 N ov 4 9 # D e e
161 A pr 108#SepJ
Col. H ocking Val. & T o l...
5 Mar 18
8 # F e b 10
l # A p r 18 Jan
Do
pref.
100 17 Jan 7 25 Feb 9 14 A ug 46 Jan
Columbus & Ninth A v e ...
§99#M ar 18 §99#M ar 18
TA el aware & H udson.......
8,935 104 A pr 21 1 14 # Feb 8 9 9 # A p r 128 Sep
-LAel. Lack. & W estern ...
222 144 # A p r 21 159 Feb 5 140#M ay 164 A u g
1 4 # A ug
Denver & R io Grande.......
200 1 0 # Apr 21 18 Jan 12
Do
pref.
1,072 40 Apr 21 52# F eb 9 80 Apr 5 0 # A u g
Des Moines & Ft. D o d g e ..
8 # Apr 21 1 5#F eb 2
7 A pr 14#JT y
200
50#A ug
Do
pref.
1 4 # J ’iy
Do
pref.
5 A pr 4
7 # Feb 5
5 Dec 1 0 # A ug
T ?r ie ....................................
2,250 11 A pr 21 1 6 # Feb 4 1 1 # Apr 19 Sep
L l Do
1st pref.
3,750 2 9 # A p r 22 4S#F eb 11 27 Apr 4 6# S ep '
Do
2d pref.
300 1 5 # A p r 22 2 1# F eb 11 15#M ay 2 5 # A n g
Evansv. & Terre Haute ..
23 Jan 7 25 Jan 7 20 J ’ne 34 Sep
Do
pref.
40 Jan 18 41 Jan 11 28 Aug 48 Sep
TTHint & Pere Marquette..
10 Mar 12 1 4#F eb 14
7 J ’ne 1 4 # A ug
1 ' Do
pref.
80 Mar 49 Oct
Ft. W . & Den. C., stamped.
7 # J ’ly 20 s e p '
21 Feb 8 28 Mar 5
Ft. W orth & Rio G rande..
15 Jan 28 1 0 # Jan 81 12 N ov 20#Sep|
reat Northern, p r e f... .
130 Jan 12 102 Feb 4 120 Jan 141 Sep.
VAreen Bay & W estern ...
§30 Jan 7 3 2 # Feb 24 2 7 # A p r 40 A ug
56 Deo ;
Do debt certfs. “ A ” .
43 Mar 14 49 Jan 27
9 . A ug
Do debt certfs. “ B ” .
8#D ec
5 Jan 18
Illin o is Central.................
2,224 90 A pr 21 108#Jan 31 9 1 # A p r H 0 # A u g
A Do leased line, 4 p. c.
§94 Feb 18 §94 Feb 18 88 Jan 97 A u g
Iowa Central.......................
7#M ar 18
6 A pr 13#Sep
9 # Jan 13
400
Do
pref.
20 Mar 12 85 Jan 8 23 J ’ne 4 l# S é P
9 # Aug
T7"anawha& M ichigan...
0 Feb 2
0#F eb 2
4 J ’ne
»V an. City Pitts. & G u lf..
0ÒÒ 17 A pr 22 24# F eb 10 1 7 # D e c ' 2 9 # S e » ;
4#À ug
Keokuk & Des Moines.......
4 # Feb 8
3 Jan 27
2 Feb
Do
pref.
16 Feb 19 18 Feb 2 12 Mar 2 8#Jan
Keokuk & W estern............
S3 Feb 7 84 Jan 81 82 Feb 3 0 # O ct
T ake Erie & W estern ... .
12#M ar 14 1 8#F eb 8 18 May 2 2# S ep
.Li Do «
pref.
Í08 00 Mar 14 7 0# F eb 8 5 8 # A p r 7 9# S ep
Lake Sh. & Mich. S ou th ...
3 1 7 0 # Jan 4 194#Jan 29 152 Jan 181 Sep|
110 180 # A p r 19 180 # Apr 19
50 Feb 9 88 Deo 55 Jan
'
10
Louisville & Natshville.. . . 85,530 44 A pr 21 0 0 # Jan 81 4 0 # A p r 63#S ep
]\/|"anhattan Elev.,consol. 30,485 91 Mar 20 120#Jan 14 81#M ay 113 Sep
-HJLetropolitan Street....... 29,766 125#M ar 20 171#F eb 14 9 9# O ct i3 3 # D e d
9 # J ’ly
5#M ar 21
2#A ug
Mexican Nat’l, tr. re c ts ...
1 N ov
1 Feb 10
ll,* Feb 7
Michigan Central____. . . . .
3,835 99#M ar 12 114#F eb 8 90 Jan l l l # S e p
Minneapolis & St. L ouis...
24 Mar 11 30# F eb 15 10 May 31#S ep,'
Do
1st pref.
17 8 5 # J a n 13 8 8# F eb 15 77#M ai 90 Sep
Do
2d pref.
46 Mar 26 5 9#F eb 15 46 Feb 02#S ep
0 D eo
7 Mar 11
6#M ar 11
6 Dec
10 Dec 10 D eo
Mo. Kansas & Texas .'.. ...
300 10 A pr 13 *14#Jan 26 10 Apr i6 # S e p
Do
pref.
3,434 28#M ar 12 41 Jan 28 2 4 # A p r 42 Sep
4 0 # S eo
7-051 22 Mar 12 8 5#Jan 28
82 ~Aug
Mobile & Ohio..........
200 2 4 # A p r 19 8 2# F eb 7
Morris & E ssex...................
§167#Jan 4 §175 Jan 14 1 0 2 # J ’ne 1 73#D eo
70 Jan 85 Sep 1
-LA Y. Central & H udson.. 23,331 105 Mar 20 i l 9 # Jan 28 92# F eb 115#S ep!
N. Y. Chicago & St. Louis.
270 l l # M a r 14 15#Jan. 81 11 Feb 1 7# S ep
Do
1st pref.
73 Feb 19 76 Jan 31 0 7 # A p r 8 l# S p p
28 Mar 25 4 0#Jan 29 24 Feb 4 3# S ep
Do
2d pref.
295 Feb 325* Dee
122 Mar
§ 1 23 # F eb l6
m
N. Y. New H aven & Hart.
§178#Jan 7 §195#Feb 2 160 Feb 185#Sep
N. Y. Ontario & W estern ..
7,057 1 3# A p r 21 18# F eb 2 1 2 # A p r 2 0# S ep
N. Y. Susq. & W est., new.
8 Jan 8 18 Jan 5
6 # May 20 Sep
23 Jan 10 38 Feb 11 18#M ay 45 Sep
05 Jan 28 65 Jan 28
Norfolk & W estern............
9 Apr Ì7 # S e p
325 1 1 # Apr 21 17 Feb 7
2,102 42# M a r 12 56# F eb 7 22#M ay 4 8 # D eo
Do
pref.
Nor. Pac. R y., vot. tr. c t fs . 19,091 19 Feb 24 28#J-.u .3
i l Apr 2 2 # D e c
_ D<> „ r
pref. 48,788 56#M ar 12 09 J m 8 1 3 2#Jan 6 i# D e o
7 MT t
7 Mar 6
8#D e *
VA r.RR.& N .Co.vot.tr.cfs.
......... 35# J a n 7 5 4 # F e b 1 10 "Apr 41 ~Sep'
§1*3 Jan
l l A pr
34 Jan
1 0 # Apr
22#M ar
1 2#Jan
5 #J a n
§105 Mar
10,285 35 Mar
25 Mar
65 Jan
§05 Mar
8,806 72 A pr
775 44#M ar

100
200
3,100
11,672
851

4 180 Feb

21
4
21
12
25
19
9
12
12
21
10
21
12

15 Feb
40#F eb
1 8# F eb
32#F eb
19 Feb
7#F eb
§105 Mar
48#F eb
30# J a n
67# J a n
§72 Jan
90#Jan
5 7 # Feb
70 Jan
98# J a n
14 Feb
24#F eb
§1
hÒÒ'M ar
1 08#F eb
60# F eb
118#F eb
16#Jan

§ Less than 100 shares.

foot of

S tr e e t R a i lw a y * .
Christ’ p’r & 10th St-Stock
1st m ort 1 8 9 8 .....A&O
Col& 9th A ve 5s-See Stock
D D E B & B atf’y—S tock ..
1st gold 5s 1 9 8 2 ... J&D
Scrip 5s i9 1 5 .........F&A
Eighth Avenue—S tock ...
Scrip 0s 1914............ ..
42d & Gr St Fer—Stock...
42d St Man & St N A v e ..
lstm ort'0 8 1 9 1 9 ..M&S
2d incom e 6s 1915.J&J
L ex Av& Pav F 5s-See Stk

795

D a ily , W e e k l y a n d Y e a r l y R e c o r d .

STOCKS—HIGHEST AND LOWEST SALE PRICES.

*180
13
*11
*34
35
11# 11#
2 4 # 25
1 0 # 17
*6
6#
•103 105
87
37#
*20
SO#
*59
05

.,(2 p a gos) p a < e i .
3

¡i*

7 consecutive pages ).— STREET RAILWAYS, < c T
&.

Bid. Ask.
160 105
100 # 108 #
Excb i 1st.
195
175
114 1 17 #
100 103
310 825
108
335 360
01
58
114
1Ì8
84
81
E xch 1 1st.

S tre e t R a i lw a y s .
Metropolitan—See Stock
Ninth A venue—S to ck ..'..
Second Avenue—S to ck ...
1st m ort 5s 1909.. M&N
Debenture 5s 1909. J&J
Consol. 5 s .......... .
Sixth Avenue—S tock ...,.
So Fer 1st 5s 1 9 1 9 ..A&O
Third Avenue—S tock ... .
1st m ort 5s 1937. ; , J&J
28th & 29th Sts 1st 5s. .’ 96
Twenty-Third St—Stock.
Deb 5s 1900............ J&J

Bid. Ask.
E xch 1 1st.
192 194
105 170
1 07 # 1 08 #
100
109 i i ô
200 215
100 111
150 100
117 120
110 112
310
103

S tre e t R a ilw a y s .
Union Railway—Stock •
1st 5s 1 9 4 2 .......... F&A
W estchest 1st 5s ’ 43. .J&J
BROOKLYN.
Atlan. A ve., B ’klyn—
1st 5s 1909............ A&O
Con 5s g 1 9 3 1 ....... A&O
I m p t 5 s g 1 9 3 4 ..... J&.T
B. B. &W.E. 5s 1983. A « u
Brooklyn City—S to c k ....
Oonso 5s 1941........T&J
B’klyn C.& Newt n—Stock
5s 1989.................... J&J

Bid. Ask176 200 A
H I # 114
108
100
105
80
84
198
112
185
118

ib » “
87
87 ;
200
na

796
•
*r

THE C H R O N IC LE .—STOCK PRICES (2 pages) P a g e 2.

[V ol . L X V I.

Range fo r pre­
Sales Range for year 1898.
o f the On basis o f ioo-sh're lots vious year (1897).
week.
N. Y. STOCK EXCH. Shares Lowest.
Highest

STOCKS—
HIGHEST AND LOWEST SALE PRIOE8.

STOCKS.

Or. RR.,pref., vot. tr. ctfs.
150 65%Mar 29 72%Jan 20
Oregon Short L ine............
350 19%.lan 3 83%Feb 17
6,292 110% Mar 12 120%Feb 7
ennsylvania....................
50
eo. Decatur & E vansv..
%Jan 7
l% F eb 11
Peoria & Eastern..............
4 Feb 28
5%Feb 11
100 38%.Ian 5 46%Feb 7
Pittsb. Cin. Chic. & St. L .
375 57 Mar 23 71 Feb 7
Do
pref
Pitts. Ft. W . & Ch., guar.
§168 Feb 25 171%Feb 11
Pittsburg & W est., p r e f..
1,802 15%Mar 25 23%.! an é
T> eading, voting tr. ctfs.
J-v Jst pref., vot. tr. ctfs
2,330 36 Mar 12 54%Feb 3
2d pref., voting tr. ctfs.
257 18%Mar 26 29 Jan 6
Rensselaer & Saratoga...
182 Jan 26
Rio Grande & W estern ...
23 Feb 21
Do
pref
50%Mar 15
Rom e W atertown & Ogd.
§116%Mar26
t. J. & G. Isl., vot. tr. cts
5%Mar 7
Do
1st pref,
45 Feb 24
„ Do
2d pref,
15 Mar 11
St. L. & S. Fr., vot. tr. c t fs .
6 Mar 26
Do
1st pref. 92 52%Mar 12 58%Feb
1,610 22% Feb 24 28 Feb
Do
2d pref.
20
St. Louis Southwestern...
3% Jan 24
5 Feb
7% Mar 12 11 Jan
Do
pref.
St. Paul & Duluth..............
20%Jan 6 25 Jan
100 78 Apr 20 87%Feb 14
Do
pref.
140 l23% Jan 12 138 Mar
St. Paul Minn. & Man.......
2J180 12 Apr 13 22 Jan 12
Southern Pacific Co..........
2,735
Southern, voting tr. ctfs..
7 Apr 21
9%Feb 10
5,956 23%Mar 26 33%Feb 11
Do pref., vot. tr. ctfs.
1,710
exas & P a cific..............
8%Mar 12 12% Feb 15
965 155 Apr 21 194%Feb 16
hird Avenue (N. Y .) ....
Toledo & Ohio Central... .
§15 Feb 10 §15 Feb 10
§38% Feb 8 §40 Feb 10
Do
pref.
Twin City Rapid T ransit..
16% Jan 12 20 A pr
nited N. J. RR. & Can.
nion Pacific R y ............
Do
...p r e f.
Un. Pac. Den. & G., tr. rec.
a ba sh ,
Do
pref.
W est Chicago Street.........
W heel. & L. E., $ 1 ass’t p d .
Do
pref.
do
W iscon. Cent., vot. tr.ctfs.
Do
pref.
do
m is c d la n ’ g S to ck s,
dams Express.......... . . .
merican C oal..'.............
American Cotton Oil.........
Do
pref.
American Express.............
American Spirits M fg.......
Do
pref.
American Sugar Refining.
Do
pref.
American Teleg. & C able..
American T o b a cco .. . . . . . .
Do
pref.
ay State Gas...................
rooklyn Union Gas.......
Brunswick Co., Sdinst. pd.
olorado Coal & I. Devel.
Do
pref.
Colorado Fuel & Iron.........
Do
pref
Col. & Hock. Coal & Iron.
Commercial Cable............
Consolidated Gas (N. Y.).
Consolidated Ice............
Do
pref
Consolidation Coal..........
Detroit Gas
astern Elevator
dison Elect. 111. (N. Y .) I
Edison Elect. 111. (B ’klyn).
Erie Teleg. & T elephone..
General Electric
awaiian Com. & Sugar.
. B. Claflin C o...............
Homestake Mining
Illinois Steel.......... .............
aclede Gas (St. L o u is).
Do
pref.
anhattan Beach C o ....
dryland Coal, p r e f .....
Mergenthaler Linotype. ..
Michigan Penin. Car, pref.
Minnesota Iron...................
ational Lead..................
Do
pref.
National Linseed Oil.........
National Starch..................
Do
1st pref.
Do
2d pref.
New Central Coal..........
N. Y. A ir Brake..................
North American C o..........
Q n t a r io Silver
reg. Imp., 5th instai, pd
p a c i f i c Mail
ennsylvania C oal..........
People’s Gas-L. &C.(Chic.)
Pullman’s Palace Car........
uicksilver M in in g ......
Do
pref.
ilver Bullion Certtflc’t ’s.
tandard Gas (N. Y .).......
Standard Rope & Tw ine...
enn. Coal Iron & R R
exas Pacific Land Trust
nited States Express
nited States Leather ..
Do
pref.
United States R ubber.......
Do
pref.
ells, Fargo & C o .........
estem Gas (M ilw .)....
W estern Union B e e f.........
W estern Union Teleg’ ph
5 Less than 100 shares.
t E x dividend o f 100 per cent in bonds.

P

S

T

U

A

B

C

E

H

L
M

N

Q

S

...
..

T
U

W

* T h ^ e are bid and asked p rices; no sales on this day.

OUTSIDE S E C U R IT IE S
S tre e t R a ilw a y s .
BklynCrosstn5sl908.J&J
B'klyn E lev a ted ..............
B kinH gtslst5s 1941A&0
BQnsCo.&S.—1st §8.1941
Rklyn Rap.Tran .—See Sto
Cal.Cem Gr.&B’k y n lst 6s
Coney Island & Brooklyn.
1st 5s 1904..............J&J
5s certfs indbtl 910.J&J
Gr.St.&New lst5 s’06A& 0
Q’ p’t. & Lorim er St. lstr>s.
Kings Co. Elevat.—Si. ck
Bonds—See Stock Ex<*h.

Bid.
104
10
91
105
ck Ex.
110
1 0
100
100
104
110
1
List.




Ask.

( G iV E i*

at

foot

S tre e t R a ilw a y s .
Kings Co Traction—Stock
12% Nassau Elec 5s 1044.A&O
93
N ewW m b’g& Fllstex.4% s
108
NY& Qus Co 5s 1946. A&"0
List.
Steinwaylst6sl922.J& J
OTH E R CITIES.
Balt Consol—Stock —See
103
Bridgep T r-ls t 5s ’ 28. J&J
102% Buffalo Street Ry—Stock.
106
1st consol 5s 1981.F&A
••r
Crosstown 5s 1982M&N
8 Chicago City RR—Stock..
Citizens’ St (Ind’napi-Sfr

of

7

Bid.
45
99
101

Ask.

115

117

Balt L
§100
78
3109
3107'
225
Pbila

105
80
111
109

ib o
103

list.

c o n s e c u t iv e

p a g e s ).

S tre e t R a i lw a y s .
Bid.
Cleveland City Ry
55
Clevel C ab-lst 5s ’ 00. J&J 3100
Cleveland Electric R y .. .
50
Con 5s 1913.......... M&S 3101
Columbus (Ohio)—Stock
45
Con 5s 1932.............J&J
97
Crosst’w n -lstS s’SSJ&D
95
Consol Tract’n (N J )—See Phila
Lake St (Chic)Elev-Stock
10%
1st 5s 1928.............. J&J
69
Louisv St Ry—5 p c scrip. 3.........
C o m m on ........................
45
P referred . . . . ' "A- '
90

STREET RAILWAYS, &c.
Ask.
60
102
53
104
48
99
list.
11
70
50
100

S tre e t R a ilw a y s .
Love Elect Trac (C hic'. - .
L yn n & B os-lst5 s’ 24.J&T) 3Ì.'.'!."
Metrop W est Side (C hic).
3%
1st Ss 1942............F&À 3 45
Minneap St Ry-5* ’ 19.J&J
New Orleans Tr—C om ....
2
Preferred ........................
8
Notes 6* 1904 ... .M&N
North Chicago—S tock .... 198
1st 5s 1906-16....... J&J 3104
No Shore Tr i Boat)-Com.
10
67
3 Buyer pays accrued intere

105
4
48
i r
10
75
i o 5*
13
72
st.

A p r il 23, 1898.]
BONDS.
ar.Y. S T O C K

EXCHANGE
W e e k E n d in o A p e . 22.

THE C H R O N IC LE .—bond PRICES (5 pages)
Price
Friday,
April 22.
Bid.

Week'8
Range or
Last Sale.

s.®

Range
from
Jan. 1.

BONDS.
N .Y . S T O C K E X C H A N G E S t
W e e k E n d in g A p r . 22. So®

Ask. Low. High. ño. Low. High

B

C

Price
Friday,
April 22.
Bid.

Week's TS j
Range or S Last Sale.

797
Range
fro m
Jan. 1.

Ask. Low. High. No. Low. High

Ches & Ohio—(Con.)—
75%
G e n g 4% sregistered..1992 M - S
101% 105
101% 102
99
R & A Div 1st con g 4s. 1989 J - J
91
91
92
93T
93% M ar’ 98
2d con g 4s....... .....1 9 8 9 J -J i
95% 99*
99% Feb.’98
Craig Valley 1st g 5s. .1940 J - J
W arm Spr Val ls t g 5 s . 1941 M -S
97% 104
98
98%
Eliz L ex & B S gu g 5s. 1902 M - S
82
8616
112% 113%
13% 113%
85% 94 Chic & Alton sink fd 6s. 1903 M -N 112%
107 111
107 M ar’ 98
Lou. & Mo Riv 1st 7 s..1900 F- A
89% 89
107% N ov’ 97
2d 7s.......................... 1900 M -N
53% 6416
104% M ar’ 97
St L J & C 2d gu 7 s ....1898 J - J
■102 % ........
Miss Riv B 1st s f g 6s.. 1912 A - O
Chic Burl & Nor. See C B & Q .
113% 116%
13% 114
....... 114%
Chic Bur & Q con 7s.......1903 J - J
104% 107
1 0 ...... 107 F eb.’98
Sinking fund 5s........... 1901 A - O ■ 0
95
98%
105 109
105
Debenture 5s............... 1913 M -N 105 Sale 105
104%112
M -S ■105% . . . . . 05% Apr.’ 98
Convertible 5s..............1903
109% 109%
109% Feb.’98
Iowa Div sink fd 5 s . ..1919 A - O
98 104
98 A pr.’98
4 s ................................. 1919 A - O
100 118%
97 101%
97 A pr.’ 98
F-A 95
Deny Div 4s..................1922
80 103
93% D e c ’ 97
95
4 s ....................................1921 M -S
Chic & Iowa Div 5 s .. ..1905 F-A
95
95% 100
95%
96%
95% Sale
Nebraska E xten 4 s ... . 1927 M -N
9616
97% 97%
97% M a r’ 98
Registered................. 192 M -N
97
119 123
% 19 M ar’ 98
M -S :::ü; i ¿ó
Han. & St. Jos con 6s.. 1911
105 110%
105 M a r’98
Chic Bur & Nor 1st 5S.1926 A - O
Chicago & East Illinois—
116% 116%
116% M ar’ 98
1st sf cur 6s................... 1907 J - D
S m a ll.............................1907 J - D
122 130
122%
122
A -O
1st con g 6s................... 1934
101% 108
105%
105 105
General con 1st 5 s .... 1937 M -N
LOI 105
105 A pr.’ 98
Registered .................1937 M -N
100% 109
109 Feb.’ 98
J -J
Chic & Ind C R y 1st 5s. 1936
Chicago & Erie. See Erie.
Chic Ind & Louisville—
9816 100
112 113}
112 M ar’ 98
J *112
Louisv N A & Ch 1st 6s..’ 10
89
80
82 A pr.’98
82
J
Chic Ind & L ref g 5 s .. 1947
96 105
100
100
J -J
Refunding g 6s.............1947
9%
9%
Chic & Mil. See Ch. & N W.
105% 105% Chic Milwaukee & St Paul—
140 143
141 A pr.’ 98
1st 7s $ gold R D .........1902 J - J 139
1st 7s & gold R D ....1 9 0 2 J - J
i'" 107%
37% 140%
140% M ar’98
1st Iowa & D 7s........... 1899 J - J *139
140 144
141 A pr.’ 98
1st C & M 7s.................. 1903 J - J 139
138 143
140
140
Chic Mil & St P co n 7 s.l9 0 5 J - J 139
139% 142%
140% M a r’ 98
1st I & D E xten 7 s .... 1908 J - J 139
118% 119%
‘ 19% Jan.’98
1st Southwest Div 6 s.l9 0 9 J - J
110 110
110 M a r’ 98
1st La Crosse & D 5 s .. 1919 J - J
14% 121
14% 115
1st So Minn Div 6 s .. . . 1910 J - J 114
79
87%
130 130%
1st Hast & D Div 7 s ...1910 J - J 120 126 130 Feb ’ 98
109 O ct.’ 9
J - J *105
5 s ................................. 1910
118 118 M ar’ 98
Chic & Pac Div 6s....... 1910 J - J ; i l 4
113% 115
Chic & P W l s t g 5s... .1921 J - J '110 1 1 0
114% M a r’98
Chic & Mo Riv Div 5s. 1926 - J
87%
110 107 M a r’ 98
Mineral Point Div 5s.. 1910 - J
97
112
112
Chip & L Su Div g 5 s.. 1921 - J
112 A pr.’ 98
W is & Minn Div g 5 s.. 1921 - J
113'
113
Terminal gold 5s.........1914 J - J 111
127% Jan.’ 98
Far & Sou assu g 6 s ... 1924 J - J
104% 106
106% May’ 97
Cont sink fund 5s....... 1916 J - J
127 127
110 A pr,’ 98
Dak & Gt So g 5s.........1916 J - J *108 . . . .
123 123
Gen gold 4s series A . . 1989 J -J 5 102% 106 103% A pr.’98
105% Feb.*98
*104 . . . .
Registered..................1989
120 M a r’98
....... 121
Mil & No 1st M L 6 s ..1910
122 M a r’ 98
1st consol 6s............... 1913 J - D .........121
.........141% 142 A pr.’ 98
Chic & Nor W est c o n 7 s .1915
105% 109
113
113 114 113
Gold 7 s . .. . . . . . . . . . . . . . 1 9 0 2
106 109
113
Registered..................1902 J - D 113 Sale 113
117 M ar’98
Sinking fund 6s. .1879-1929 A-O
115 N’v .’97
Registered.......1879-1929 A-O
106 111%
106 Apri’ 98
Sinking fund 5s. 1879-1929 A-O
105 105
109% D eb ’97
Registered....... 1879-1929 A-O
1 0 8 % 111
114% 116
Sinking fund deb 5 s ... 1933 M-N 113
105 111
117 M a r’ 98
Registered..................1933 M-N
108% 108%
25-year debenture 5 s .. 1909 M -N 1108
109% M ar’ 98
Registered .. ... . . . . . 1 9 0 9 M -N
116% Feb.’98
30-year debenture 5s.. 1921 A - O
117% Feb.’ 98
Registered..................1921 A - O
105 F eb.’98
Extension 4 s .. . . 1886-1926 F - A
F- A
Registered.......1886-1926
93%
87
Gen gold 3 % s................1987 M -N
114 119%
Registered..................1987 Q - N
106 107
106
106
Escan & L Sup 1st 6s.. 1901 J - J
86% 92%
Des Mo & Minn 1st 7S.1907 F-A
Iowa Midland 1st 8 s ... 1900 A-O
36
44%
101%102%
102% A pr.’98
Chic & Mil 1st 7s.........1898 J - J ' 102%
11
15%
W inona & St Pet 2d 7s.l907 M -N
7%
8%
17 ' ' 117*'
117 Jan.’ 98
M -S
Mil & Mad 1st 6s.........1905
92
92
09 109
109 Mar ’98
Ott C F & St P 1st 5 s..1909 M-S
95% 95%
105 105
105
Sale 105
North Illinois 1st 5 s ...1910 M-S
133% 137
133% 133%
134
M i l L S & W l s t g 6 s.. 1921 M-N
104% 104%
105% Feb ’97
Convertible deb 5 s ..1907 F-A
16% 117%
F-A * 112% ........ 117% Feb.’98
E xt & Imp s f g 5 s... 1929
110%
110%
133 134
Mich Div lstg o ld 6 s .l9 2 4 J - J *130 ....... 134 M ar’98
110 114%
135 135
Ashland Div l s t g 6sl925 M-S *130 . . . . . 135 Feb.’ 98
109% 114%
113 113
113
In co m e s......................1911 M -N *107 ...... 113
100 103%
130 182
132
Chic Rock I & Pac 6 s ....1917 J - J *131 . . . . . 132
90
93
128 131%
R e g iste re d .......... ...1 9 1 7 J - J * . . . . . . 130 128 A pr.’ 98
111 116
106% 106% 71 105% 106%
E xt and collateral 5s.. 1934 J - J 106% Sale
105 106%
R e g iste re d ................ 1934 J - J * 1 0 6 % ......... 106% A pr.’ 98
104% 108
Debenture 5 s................ 1921 M -S 105% 105% 105% Apr.’ 98
103 103
Registered .................1921 M -S 1 0 5 % .........
103 103
General gold 4s............1988 J - J . . . . . . 106
102 103%
R egistered................. 1988 J - J
92
89% 92 Feb ’ 98
85
Des M & Ft D 1st 4 s.. 1905 J - J
70%
70 F eb.’98
70
1st 2% s........
1905 J - J
105 105
83 M ar’97
Extension 4s.............1905 J - J
103 109
103
103
Keok & Des M 1st 5s.. 1923 A-O
100 A p r ’ 97
Small.................................... A-O
100%
102
101 101 Chic & St L. See A t T & S F.
Chic St L & N O. See 111 Cent.
101 103
Chic St L & Pitts. See Pa Co.
133 138
183 M a r’98
D
100 102% Chic St P M &O con 6 s ..1930 J --N *127
130 133
130 M ar’ 98
*128
Ch St P & Min 1st 6 s ..1918 M
40
40
Nor W isconsin 1st 6 s..1930 J - J
126 132?
127
St P & S City 1st g 6s. 1919 A - O 127 Sale 126
101% 101%
79% 87$l
81
80
80% Sale
119% 120% Chic T er Transfer g 4s . .1947 J - J
106 J ’ne’ 97
115% 120% Ch & W est I l s t s f g 68.1919 M -N
117% 122%
117% Apr.’98
Q -D
General gold 6a........... 1932
112% 117
113 114% Chic & W est Mich R y 5s. 1921 J - D
Coupons o f f .................. 1921 ..
73% 84%
Bonds due June. * Bonds due Jan. § Bonds due May
* No price Friday; these are latest bid and asked this week, t Bonds due July. * Bonds due Nov

kron & Chic Jnc. SeeB&O.
labama Cent. See Sou Ry.
91 Jan.’ 98
Alabama Mid 1st gu g ... 1928 M -N
A lbany & Susq. See D & H.
Allegheny Yal. See Penn Co.
A m D ock & I. See Cen o f N J.
83
83%
83 Sale
A nn A rbor 1st g 4 s........ 1995 Q-.Tt
85%
87
86 Sale
A tc h T & S Fe gen g 4s .1995 A - O
89% M ar’98
Registered.................. 1995 A - O
5 > 58%
6á
56% Sale
A djustm ent g 4 s ......1 9 9 5 N ovt
R egistered.................. 1995 Novt
•Equip tr ser A g 5s. . . . 1902 J - J
Chic & St .Louis 1st hs.1915 M -S
95
A tl A y Bklyn imp g 5s. .1934 J - J
97
97
A tlan & Danv 1st g 5 s.. 1950 J - J
A tlanta & Char. See Sou Ry.
A ustin & N W . See So. Pac.
at Creek &S. See Mich Cen
101
alt & O 1st 6s Pkbg B r.’ 19 A - O 100 101 100
98 M ar’ 98
Gold 5 s................ 1885-1925 F - A
Coupons off.........................
95 Feb.’98
R egistered... ..1885-1925 F - A
92}$ Apr.’98
Eng certf o f deposit.........
97 A pr.’ 98
•Consol gold 5s...............1988
R egistered.................. 1988
Mar ’98
J P M & C o ctfs o f dep
Jan.’ 98
90
Balt B’ lt Is tg 5 s in tg u .l9 9 0 M -N
98
A -O
W Va & P 1st g 5s.......1990
Monon Riv 1st g u g 5s. 1919 F - A
99 Jan.’ 98
90
•■Cen Ohio R l s t c g4 % sl9 3 0 M - S
C ol& C inM Iste x t4 % s l9 3 9 J - J
A k & C J I s t in t g u g 5 s .l9 8 0 M -N
80 N ov’97
Coupons off..............
10316 O ct.’97
Pitts & Con 1st g 4 s . . . 1946 J - J
99 Feb.’ 98
B & O S W ls tg u g 4 % s .l9 9 0 J
60 J ’ne’ 9
B& O S W Ry con g 4%s 199 3 J - J
1st iuc g 5s ser A . . . . 2043 N ovt
916 Feb.’ 98
Series B ...................... 2043 Dect
B & O S W Ter Co gu g 5s.’42 M -N
10516 Jan.’ 98
Ohio & Miss 1st con 4s. 1947 J - J
121 D e c ’97
2 d consol 7s................1911 A -O
110 105 M ar’ 98
1st Spr’gtield Div 7s. 1905 M -N
1st general 5s........... 1932 J - D
•Seech Creek. See N Y C & H.
B el & Car. See St L A & T H.
■Boonev Bridge. See M K & T.
Bway & 7th A y. See Met S Ry.
116 115 Sep.’ 97
Bklyn City 1st con 5s 1916-41 J - J
8216 79 A pr.’98
B klyn El Tr Co o f 1stg6s 1924
Tr Co ctfs 2d g 5 S .....1 9 1 5
2d instal p d . . . ..................
7016 D e c ’ 91
S & B B T C ocfs ls t g u g o s ’ 42
2d instal p d . : . ...............
80 A pr.’ 98
......... 80
Un El Tr Co cfs lstgu g6s'37
9116 Sale
9116
»13*
Bklyn Rap Tr g 5s.......... 1945 A -O
Bklyn & Montauk. See L lsl.
Bruns & W est 1st g 4 s .. 1938 J - J
B uff N Y & Erie. See Erie.
105 A pr.’ 98
B uff R & P gen g 5s........1937 M -S
127 M ar’98
R och & Pitts 1st g 6 s ..1921 F - A *121
123 A pr.’ 98
Consol 1st 6s............. 1922 J - D
103 A pr’ 97
Cl & Mab 1st g u g 5 s.. 1943 J - J
Buff & Southwest. See Erie.
Buff & Susq 1st gold 5s..1913 A -O
R egistered.....................1913 A -O
106% 106 A pr.’ 98
Bur C R & N 1st 5s.........1906 J - D
10316 106 M a r’ 98
- Con 1st & col tr g 5 s... 1934 A -O
Registered..................1934 A - O
M & St L 1st gu g 7s. .192 J - D
O R I F & N W 1st g 6 s..’20 A -O 104 106 108 D e c ’ 97
105 Jan.’ 98
1st gold 5s................ ...1921 A -O 104
109
.. 10816 109
anada South 1st 5 s... 1908 J - J
105
105
2d 5s........ ................. 1913 M -S
106 Jan.’ 97
Registered..................... 1913 M -S
Carb&Shawn. SeeStLA&TH.
Carthage & Ad. See NYC & H.
<3 R la F &N. See B C R &N.
Central Ohio. See Balt & O.—
Cen R R & Bkg Co o f Ga.—
87
87% 87
Collateral gold 5s.,..,.1 9 3 7 M -N ' 80
115
C ent o f Ga Ry—ls t g 5s..l945 F-A* ■114 116 115
Registered . . . . . . . . . . 1945 F -A t
86% A pr.’98
Conspl gold 5 s ... ... ... 1 9 4 5 M-N » 84% 89
Registered ............. ,.1945 M -N
38% 88% A pr.’ 98
1st pref Income g 5s. ..1945 O ct:
13% 12 A pr.’98
•.2d pref incom e g 5s... .1945 Oct.
7% M ar’98
3d pref incom e g 5s. ...1945 Oct.
92 Jan.’ 98
M & N Div l s t g 5 s ....1 9 4 6 J - J
95% Jan.’ 98
Mobile Div 1st g 5s.. . . 1946 J - J
Mid Ga & A tl Div 5 s.. 1947 J - J
104% M ar’98
•Cent o f N J—1st con 7s. 1899 Q -J t 103
1st convertible 7s....... 1902 M -N 112 115 113% D e c’ 97
110% Feb.’98
Convertible deb 6 s .... 1908 M -N
111%
«.General gold 5s.............1987 J - J 110 Saie 110
Registered..................1987 Q -J t 109% Sale 109% 110%
100 100
<Leh & W B C con as 7s. 1900 Q-M .........100
90 M ar’ 98
..................................... 1912 M -N
111 A pr.’98
A m Dock & Imp Co 5s. 1921 J - J
N J South int guar 6s.. 1899 J - J
Central Pacific—
__ J
103 Feb.’98
*100
Speyer & Co ctfs dp A.1898
103 Feb.’ 98
*100
Speyer & Co ctfs BCD. 1899
103 Feb.’ 98
*100
E xt g 5s series E .........1898
100
.Speyer & Co ctfs dep E. 1900
*100
•Speyer & Co c t f E
’GHI. 1901
105 Feb.’ 08
-San Joaquin Br g 6s. ..1900 A -O *100
iGuaranteed g 5 s .......... 1939 A - O
Speyer & Co eng cts .........
102 M ar’ 98
Land grant gold 5 s ... .1900 A -O
101 Jan.’
.C & O D i v e x t g 5 s . . . . 1918 J - J
W estern Pacific g 6 s .. 1899 J - J *100 102% 101 M a r’98
J -J
No o f Cal 1st gu g 6s. .1907
Guaranteed gold 5s. 1938 A -O 100% Sale 100% 100%
40 Feb.’98
«CentWash 1st g6s tr c t f s l 938
Charles & Sav 1st g 7s. .1936 J - J
101% Jan. 98
Ches & O—P M fd gs 6s. 1893 J - J ■ 101 %
119% M ar’98
Gold 6s series A .......... 1908 A-Ot 115 120
115% 115%
Gold 6s............... ..........1911 A-oir 115 120
1st cons g 5 s ................. 1939 M -N 113% Sale 113% 113%
114 Feb.’98
Registered.................. 1939 M -N
76
7
76 Sale
Gen gold 4% s............ ..1992 M -S

A

P aob l

OUTSIDE S EC U R IT IES (G iven Bid.
S t r e e t R a il" * r"
Prov & Paw t'ca-isu o» «so §108
Richm R y& E lec-lst 5s'20 3 73
16
Rochester R y .....................
95
Con 5s 1930........... AÄO
10
Scranton Traction.........50 t 7
go Side El (C hic)—Stock.
61%
20
14
Twin City R Tr—C o m ....
100
Preferred ........................
62
59
Dn’d T r& E lec(P rov )-8 l’ k
1st 5s 1°38
••. .M&S 3105 107
87
W est Chicago a t . ...
Con 1936 . .......... M&N
W est E n d —See Boston Exch 1 ist.




a t

M

foot

of

7 consecutive pages).

GAS SECURITIES, &
c.

Bid. Ask.
G a s S e c u ritie « ,
Eqult.G.—Con.5s’ 32.M&S §112% 116
Mutual Gas................ ... » •• 288 295
23% 24%
New Am st Gas—Common
63
61
Do p r e f............................
N EW YO RK .
98
96
Ist con«ni 5s...................
78
77
N Y & K R iv (dep) co m ..
Central Gas.................... 50 +215
Do p re ie rre d ................. 114 118
Central Union Gas—
108 110
Ist 5s 1944.............. J&J
98% 100%
1st 5s 1927........... .J&J
Consol 5s 1 9 4 5 ..«..J&J 104 106
Consol debenture 5 s ... . 107%
95
90
Con Gas (N Y )—Stock—N Y Stk Exch Nor Un Ist 5s 1927. .M&N
Standard Gai.—Common. 125 130
Deb 5s 1908.......... M&N 107%
Do p r e f e r r e d ............ 142% 150
E quitG as (dep)—S tock .. 205 .......
Ist 5s 1 9 3 0 .«.,.v i•
M&N §112 114
1st 8s 1899............F&A §l0 2 % ll0 4
G a s S e co ritte « .
W orcester iMass)Tr-Com
P referred ............ ...........

Bid.
15
92

Ask.

17
94

k
Bid.
G a s « e c iir itfp « .
BROOKLYN.
Brooklyn Un Gas—N Y gt ockE x ch.
1st con 5s—N Y Stock Exch.
Williamsburg Gas—1st 6s 103
OTH ER CITIES.
Baltimore Consolidât—Se e Balt. List.
Bar State Gas—N Y Stock Exch.
Boston UnitedGas Bonds- -Bosto nList
Buffalo City Gas—S tock ..
24% 26%
1st 5s 1947............ A&O 3 90
92
Burlington (la)Gas—Stck
§And interest. tPrire DPT «b >irp.

THE CÖßÖNIOLE.—BOND PÎRÎCES (5 pages) Page

7 »8
* BONDS.
'

N.Y . S T O C K E X C H A N G E
W e e k E n d in g A p s . 22

If

Firxte
Friday,
April 22.

W
eek's

Range or
Last Sale.

ss

Range
from,
Jan. 1.

BONDS.

■CM

B2
N.Y. STOCK EXCHANGE S t
W e e k E n d in g A p r . 2 2 .

Fries
Friday,
April 22.

LŸOE. LXVI,
Week's
Range or l i
Last Sale.

I*

Range
from
Jan. 1,

Bid. Ask. fo w , High. Afo. Low. High
Bid. Ask. Low. High. No. Low. Bighe
Cln H & D con 8 f 7s.. ..1905 A -O
119 O ct.’97
^argo &So. See Ch M& St P,
2d gold 4 % s . . . i ; . . 1937 J - J
108% O ct.’97
• lint & Pere M g 6 s ....1920 A - O
111 112% 112%
Cln D & I 1st ¿il g 5 s ..1941 M -N
112 % 1 1 7
111 M a r’98
1
1016 111% 1st consol gold 5 s . ... . 1989 M -N
86
C 1 Si li & C. N C C C & 8t L.
’ee
94% Feb.’98
89% 95
Pt H uron Div 1st g 5s. 1939 A - O
86
90
Cln S & C. See C Ç C & St L.
85 A pr,’98
83
82%
Fla Cen & Pen l s t g 5 s.. 1918 J - J
City & 8 Ry Bait 1st g 5s. 1922 J - D
1st land gr ex t gold 5s. 1930 J - j
Clearfield & Mali. See BK&P.
Consol gold 5s.......... ..1948 J - J
Cl Ak & C eq & 2d g 6 s..1930 F - A
Ft S & V H Bge. See StL&SF.
Cl & Can 1st 5s tr r e e ... 1917 J - J
7814 M ar’ 98
70
7316 Fort St U D Co 1st g 4%s 1941 J - J
105 M ar’ 98
C C C & St J>-Gen g 4 s..1993 J - D
105 105
84 O ct.’9 i
Ft W & D C—1st g 4-6s. 1921 J - D
67
Cairo Div 1st gold 4 s.. 1939 J - J
67%
65
76
90 Jan.’ 9$
90
Ft W & R io Gr 1st g 8*4s. 1928 J - J
57
56
8 tliD .lv 1st col trg 4 s .l9 9 0 M -N
56
94
95% 94
64% 69%,
9816 Fulton Elev. See Kings Co El.
R egistered. . . . . . . . . . ,1990 M -N
90 M a r’98
93
/'^.al Har & S A . See S P Co.
Spr & Col Div l s t g 4s. 1940 M - «
v J a l H&H o f ’82 1st 6s. 1918 A - O * 86
90 M ar’ 98
W W Val Div 1st g 4s. 1940 J - J
88% 92
8816 Jan.’08
8716 8816 Ga & Ala Ry 1st p f g 5s. 1945 A - O
103 A u g’ 97
Cln W & M Div ls tg 4 s . 1991 J - J
90 A pr.’98
89
90
Ga Car & No 1st gu g 5s. 1929 J - J
83 Feb ’ 97
Cln I S t L & C l s t g 4s. 1936 Q -Ft
101 Jan.’9S
101 101 Georgia Pacific. Set So Ry.
Registered . . . . . . . . . . 1936 D -Ft
Grand Rap & Ind. See Pa Co.
Consol 6s.................1 92 0 M -N
an & St J. See C B & Q.
Cln S & Cl con l s t g 5S.1928 J - J
114 O ct.’97
ousatonic. See NVNH&H.
Ind RI & W 1st pf 7s. .1900 J - J
107J4 F e b ’ 97
Hous & T ex Cen. See So P Co.
O Irid & W 1st p f 5s... 1938
llinois Cent l s t g 4 s ... 1951 J P eo & East 1st con 4s. 1940 n * * 75
115 M ar’98
76
118% 115
75
75
70
78%
Registered................. 1951 J Incom e 4s............. . 1990 A p r
112% J ’ly ’9
21 A u g’97
1st gold 3%s..................1951 J C I C C A Ind l s t s f 7S...1899 M -N
105 M ar’98
105 105
10516 Mar ’98
04% 105%
Registered..................1951 J Consol 7s........... ... ... 1 9 1 4 J - D
101 102 %
102% A pr.’98
132 M a r’98
132 187
1st gold 3s sterling.. . . 1951 M Consol sinking fd 7 s... 1914 J - D
Registered..................1951 M General consol gold 6s. 1934 J - J
128“ N ov’ 97
Coll Trust gold 4s....... 1952 A 100% 105
Registered ................ 1934 J - J
101% A pr.’ 98
101% 109
Reglstered..................1952 A ......100 108 A pr.’98
CAS 1st M C C C & I 7s. 1901 A - O
103 108
10716 Oct.’ 97
L N O & T ex gold 4 s ..1958 M -N
99% Sale
Cl L or A Wh con 1st 5s. 1938 A - O
99%
99%
99% 103%
100 M ar’ 98
100 10216
Registered................ 1958 M -N
Clev A Marietta. See Pa RR.
101 M a r’98
101 101
Coll tr 2-10 gold 4 s .... 1904 J Clev A Mahon Val g Cs.. 1938 J - J
99 Sep.’97
Registered..................1904 J Registered . . . . ' . ........1938 Qu-J
W estern Line 1st g 4s.l951 F - A
Clev A Pitts. See Penn Co.
108 A pr.’98
103 105
R e g iste re d ...............1951 F - A
Col Mid Tr cfs 1st g Os. .1936
........ 62
62 A pr.’ 98
59
68
Caitb Bridge gold 4 s.. 1950 J - D
Tr Co cfs en g 4s st gu 1940 )
R e g iste re d ............... 1950 J - D
Assented all instimi paid. ) S’ - A
1616 Sale
1616
1616
16% 2114
Middle Div reg 5s.......1921 F - A
Col A 9th A v. See Met St Ry.
Chic St L & N O g 5 s ..1961 J - D 113 115 116% 116%
Coltrai A Greenv. See So Ry.
116% 128%
R e g iste re d ............... 1951 J - D
Col Hook Val A T01—
118% A p r ’97
Mem Div l s t g 4 s .... 1951 J - D
Con g 5s........... ..............1931 M- S
108% Jan.’98
103% 103%
75 Oct.’ 97
Registered..............1951 J - D
J P M A Co eng cfs $65 pd.
71 Sale
7016
7216
St L A & T H 1st & term
General gold 6 s .,......1 9 0 4 J - D
52
60
61 F eb.’98
lì*
»o ld 5s........................1898 J - D
105 107 105 D ec’ 9'
Général lien gold 4 s ... 1996 J - J
SO
Registered..................I 8 9 8 J - D
Registered .. .. . . . . . . 1 9 9 6 J - J
Bellev & Car 1st 6 s .... 1928 J - D 113
Col A Gin Md. See B A O.
St L Sou 1st gu g 4 s ... 1931 M - S
90
Col Conn A Term. See N&W
90 N ov’97
Carl) & S l s t g 4s.........1982 M - S
90
Conn A Pas Rivs 1st g 4 s.’ 43 A - O
I n d B l& W . See C C C & St L.
ak A Gt So. See C M A StP
Ind Dec & W 1st g 5 s .. ..1935 J - J
95
alias A W aco. SeeM KAT
M ar’ 98
104
Ind 111 & la 1st gold 4 s .. 1939 J - D
Del Rack A W estern 7 s..l9 0 r M -S 120 129 122 A pr.’ 98
Jan.’98
88
22 128
1st ext gold 5s............. 1948 M - S
Syr Bing A N Y 1st 7s.l906 A - O *118J6 125
2514 M ar’98
12514 12514 Int & Gt No 1st gold 6 s .1919 M -N
120
Morris A Essex 1st 7s. 1914 M -N *186 143
128 Feb. *98
121% 123%
40 M ar’98
140 144
2d gold 5s...................... 1909 M - S
78% ? § % „ 78%
7 s . . . ..........................1900 J - J *103 . . . . .
90
09 N ov’9
3d gold 4 s .....................1921 M - S
50
7s.....................,1871-1901 A -O .........109
47 M a r’98
60
07
107
11316 Iowa Central ls tg o ld 5 s.l9 3 8 J - D
99
1st con guar 7s.........1915 J - D 185 140 186
99 A pr.’98
108%
186
142
Iowa Midland. SeeC h & N W .
R egistered . . . . . . . . 1915 J - D
J efferson R R . See Erie.
N T Lack A W 1st 6 s.. 1921 J - J *185 140
188
138
138 188%
Construction 5s....... 1923 F - A
1816 N ov’ 97
a l A & G R . See L S & MS.
Warren 2d 7s............... 1900 A -O
an & Mich. See Tol & O C.
Del A Hud 1st Pa Div 7s.l917 M -S 136
147% A u g’9
K C & MR&B Is tg u g 5 s .l9 2 9 A - O
Registered.............. ..1917 M -S
148 May’ 9
K C P & G 1st & col g 5s.l923 A - O
71% 73
A lb A Sus Istco n g u 7 s l9 0 6 A - O 120
74% 12 73
81%
12514 Feb.’98
12514 12516 Kan C & Pac. See M K & T.
R egistered,,........... . .1906 A - O
Kansas Mid. See St L & S F
Gold 6s,,.. . . . . . . . . , . .1906 A - O
10
110
10 116% Kansas Pac. See Union Pac
R egistered........... .1906 A - O
17 Feb.’ 98
117
Kentucky Cent. See L & N.
Rens A Sar 1 st7 s ......1 9 2 1 M -N
148% A u g’97
Keok & Des M. See C R 1 & P.
Registered
.........1921 M -N
145 Feb.’ 98
14494 145
Kings Co El ser A 1st g 5s ’25 J - J
45
Del Ri v RK Bge. See Pa RK.
M ar’98
6»
Ful El 1st gu g 5s ser A . ’29 M - S
88
O
Den Con Tr Co l s t g 5s..1988
M ar’ 98
88
K noxville & Ohio. See So Ry.
J
Den Tram Co con g 6s. 1910
ake Erie & W 1st g 5 s .l9 8 7 J - J
117
Met Ry Co 1st gu g 68.1911 J - J
16% M ar’98
115% 117%
2d gold 5s.................1941 J - J
97
Den A R Gr 1st con g 4s. 1986 J - J t g7
99% M a r’ 98
99% 1 0 8 %
8716 A pr.’ 98
87% 9
North Ohio 1st gu 5 s .. 1945 A - O
i"08% 100% Jan.’ 98
1st gold 7s....... ;.............1900 M -N '108
100 100%
108 A pr.’98
108 110% Lake Shore & Mich South—
J -D
Im provem ent gold 5s. 1928
89
87
87
85% 93
Det Mon & Tol 1st 7s. 1906 F - A
Des M A Ft D. See C R A I P,
20% O ct.’97
Lake Shore divid 7s. .. 1899 A - O
Des M A Minn. Seè Ch A N W.
06% Feb.’98
106 106%
Consol 1st 7s............ 1900 J - J
107 108 107
Des M Un Ry 1st g 5 s.t. 1917 M -N
107% 18 107 110
98 102 100 M a r’ 98
97 100
R e g iste re d ............ 1900 Q -J§ 105% 107% 05% A pr.’98
D et MAM Id gr 8%s.S À .1 91 1 A - O
15
105% 109%
17
17% A pr.’ 98
17% 17%
Consol 2d 7s..............1908 J - D
1 1 6 % ......... 16% 116%
D et M ATol. ' See L S A M So.
116% 1 2 0 %
Registered.......... ..19 0 8 J - D
D et A M ack Istlle n g 4 s .l9 9 5 J - D
1 1 6 % ......... 19 A pr.’98
90
119 119%
Gold 8%s...................1997 J - D
101 ...... 02 A pr.’98
Gold 4s.......................1 9 9 5 J - Di
102 106% .
90
Registered..............1997 J - D
Dui A Iron Range 1st 5s. 1937 A - O
08 M ar’98
103 105
105
107% M ar’ 98
104 110%
Cin&Sp 1st guL S&M S 7s’0 1 A - O
R e g i s t e r e d ....... ..1937 A - O
108% D e c ’ 9
K A & G R 1stguc5s. 1938 J - J
2d lien mortgage 6s. ..1916 J - J
Mahon Coal R R ls t5 s .’ 34 J - J
Dui Red W A S 1st g 5s. 1928 J
125 D e e ’97
9214Feb.’98
9214 9214 Leh Val (Pa) coll g 5 s.. 1997 M -N
Dui So, Shore A A t g 6s. 1987 J - J *100 105 102
102
102 107
R e g iste re d ....................1997 M -N
past o f Minn. SeeStPMAM.’
L V & N Y 1st gu g 4 % s.. 1940 J - J
99 101
-fast T Va & Ga. See.So Rÿ.
100% A pr.’98
100% 104%
R e g iste re d ................... 1940 J - J
103
Elis L ex A B S . See C A D .
Leh V Ter R y I s t g u g 5 s l9 4 1 A - O
107% 107
Elm Cort A No. SeeLehANY.
107%
107 112%
........
R e g iste re d ....................1941 A - O
Erie I s i ext g 4 s .;',........ 1947 M -N
109% J ’ly ’97
116 118 Feb.’ 98
113 116
L V Coal Co 1st g u g 5s.. 1983 J - J
2d ext gold 5 8 ..........1 9 1 9 M -S
92% M ar’98
92% 93%
1616 D e c ’97
Registered.................. .1988 J - J
8d ext gold 4% s.......... 1928 M -S
108 Apr.’98
108 108
Leh & N Y 1st gu g 4s. ..1945 M - S
4 tb é x tg o ld 5 s ...........1920 A - O
92 Feb.’ 98
92
92
12016 O ct.’97
Registered..................... 1945 M - S
6th e x t gold 4 s ,........... 1928 J - D
10416 Feb.’98
10416 104%
El C & N 1st g 1st pf68.1914 A - O
1st consol gold 7s....... 1920 M -S
14116 M ar’ 98
141% 14794
Gold guar 5 s . . . . . -....1914 A - O
1st consol gold fd 7 s .. 1920 M -S
101 Sep.’ 97
140 Feb.’98
140 143
Leh & Wilkesb. See Cent NJ.
Long Dock con gold 6s. 1935 A -O ISO
183% A pr.’98
133% 139
Leroy, & Caney Val. See Mo P.
BuffN Y A Erie 1st 7s. 1916 J - D 180
141 Sep.’97
L ex A v & P F. See Met St Ry.
Buff ÿ 8 W gold 6 s ..,. 1908 J - J
Lltch Car & W l s t g 6 s .. 1916 J - J
$maïl .....................
,1 J - J
Little R&Mem l s t g 5s 1937 )
Jeff UK 1 stgu gold 5s.l909 A-O I *100
I
106 Feb.’98
06 106
Trust Co certfs...................j
Chic A Erie 1st g 5 s .. .1982 M -N 10916 1.10 10916 11094
109% 118
Long Dock. See Erie.
Coal A R R 1st c gu 6s. 1922 M -N
Long Island 1st 7s.........1898 M -N 108% 104
Dock A, lm p 1st cur 6s. 1918 J - J
101% N ov’97
l s t c o n g 5 s .................1931 (j-J |
N Y A Green L g u g 5s. 1940 M -N
120 M a r’98
1174)f 120
105% Oct.’ 97
General gold 4s...........1988 J - D
88
Sm all...................................
88
88
85V 89
Ferry 1st gold 4 % s...,1 9 2 2 M - S
80
86% 86% A pr.’98
V n e 1st con g 4s pr bds.1996
- J
85% Sale
86$g 90
85
86% ‘ *45 8 5 " " 9 8 "
Gold 4s.......................... 1932 J - D
R egistered. . . . . . . . . . . 1996 J-J
Debenture gold 5s.......1984 J - D
99
1st < gen lien g 3-4s .1996 J - J
jou
66
68
68
68%
2 68
74%
N Y & R B 1st g 5 s .. . . 1927 M -S
R egistered............. .1996 jr-j
100 May’ 97
2d incom e..................1927 S e n
Escah A L Sup. Séè C A N W.
N Y B & M B c o n g 5 s .. 1985 A - O *101% ,
Eureka Springs 1st g 6s. 1938 F - A
107% D e c ’ 97
65 N ov’97
Bklyn & Mon l s t g 6s. 1911 M -S
Tîv A T H 1st con 6s.. . . .1921 J - J 110 . . . . . . 114 A pr.’98
114 117
1st 5s.......................... 1911 M - S
1st general gold 5 s .... 1942 A - O
75 ......... 82% A pr.’ 98
82
82%
Nor Shb ls tc o n g g u 5 s ..’ 82 6 - 0
M t Vernon 1st 0 s ......1 9 2 3 A -O
N Y Bay Ex R l s t g u g 5 s ’48 J - J
Bull Co Br’ch 1st g 5s.. 1930 A - O
Montauk E x gu g 5s. ..1945 J - J
E vA ln d lst con gu g 6sl926 J - J
’ 77% Feb.V
98
"77% **78“ La A Mo Riv. See Chi & Alt.

i

H

i

D

K

L

I

....

.....

*N o price F rid a y; these are latest bid and asked this week.
ft.

O U TS ID E S E CU R I TI E S (U IY E N AT
( } h h Seen ri i icm.
Bid. Ask.
I i« 8 S e c u ritie s.
Charleston (S Ç) Gas...25
Cbartiers Valley Gas
Chicago Consumers 1st 5s
Chicago ‘Gas—See N Y Sto
Cicero Gas Co 1st 6 s . ... ..
Cincinnati Gas & C ok e...
City Gas (N orfolk V a ) ....

t .........
101%
ck Ex Cil
ilOO 102

86
38
1st 6 s . . . . . . . . . , ,i.. . . . . . . 100
104
Columbus (O) Gas—Stock
95
87
1st 5s 1 9 3 2 . . . . . . . . .J&J i 97% 100
Consolidât Gas (Balt) See Balt 1. 1st.
Consolid Gas (N J )—Stck
18
21
1st 5s 1930.......... ..J&J
75
80




t Bonds due August.
-

* Bonds due April.
•

g
M Bondsmuooouuoij ,
— — due January.

«5 Bondsaus duly.
J3U U due July.
U B

FOOT OF 7 OONSjfiiOÜTrV'E PA G ES). — Q A S S E C U R I T I E S .

Bid. Ask.
Consum Gas (J City)—Stk
74
78
1st 6s.............
M&N 102% 104
Detroit Gas—Stock...... 50
57
60
Consol 5s 1 9 1 8 ....F & A
88
92
Incom e 5 s ....... ..............
90
95
Denver Consolidated Gas
Fort W ayne (Ind)—Stock
78
81
1st 6s 1 9 2 5 ,.......... J&J
89
91
Grand Rapids—Stock.......
76
79
1st 5s 1 9 1 5 .. ... ...F& A J100 102
Hartford (Ct) G a s L ...25 +.........
Indiana Nat& 111 Gas—Stk
54
58
1st 6g 191(8.............M&N 72
7 fi

&G.

lif t s S e c u r it ie s '.
lifts S e c u ritie s.
Bid. Ask.
Indianapolis Gas—Stock. 1 1 2 % 1
20 New Orleans Gas L ig h t..
1st 6s 1920.............M&N 105% 107% Ohio & Indiana—S tock ...
54
57
Jersey City Gas Light.
1st 6s 1926 .............J&D
66
69
Laclede Gas—N Y Stock Exch.
Peoples Gas & Coke—N Y Stock Exclr
Lafayette (In d ) Gas—Stk
78
Philadelphia C o ........ ..50
1st 6s 1 9 2 4 .. .., ,..M&N
90
Pittsburg Gas................50
Lóganspt & W ab Val—Stk
57
Portland (Me) Gas L ...50
1st 6s 1925 .............J&D
70
St Joseph (M o ) .,..............
34
89
Louisville Gas L ig h t . . . . .
5s 1 9 3 7 .. .;. ...........J&J
87%
Madison (W is) Gas—Stck
55
58
St Paul Gas—Stock.
11« 40
1st 6s IP lt..............A&O i 97 100
Consol 5s 1944 ...,M & 8
75
80
Memphis G a s . . . . . . . . . . . . .
8yraouse Gas—8toek. . . . :
17
19
M inn Gas 6s 191(1..
}A nd Interest. tPrlce

April 23, 1898.]
BONDS.
K.Y. STOCK EXCHANGE
W

eek

E n d in g A p r . 2 2 .

THE C H R O N IC LE .—BOND PRICES (5 pages)
Brice
Friday,
April 2 2 .
Bid.

Week’s " 2 3
Range or o.®
Last Sale.

M

32

Bid. Ask.




Week’s "S-s
Range or
Last Sale.

Range
from
Jan. 1.

«

»«

a

»

O

at foot of

T e l e g . *fc T e l e p h .
Erie Teleg & Teleph—NY
Franklin.............................
85
90
List.
Gold & Stock......................
B ond s...............................
Hudson R iver Telephone
Stock Exch Intem ation Ocean......
Stock Exch Mexican Telegraph....
Mexican Telephone.... 10
100 102
52
New Eng Telep —See Bost
50
102
Northwe*tern Telegraph.
100
Commercial Cable—N Y S tock E xch ! N Y & N J T elep h on e....
5s 1920 . . . . . . . . . . . .J&J
«Commer Union Tel (N Y). 110 115
05 1 75 \ Pacific & A tlan tic..........
Empire & Bay State T e l..
\
G a s S e e m -! ti*-s.
Syracuse Gas—(Con.)
1st 5s 1946..............J&J
W estern Gas(Milw)—Stck
5s—See N Y Stock Exch
T e le v . & T e le p h .
Am erican Dist Tele—NY
Am erican Tel & Cab—NY
Central & South Amer—
Ches & P oto Teleph—Stk

799

S3

* No price Friday; these are latest bid and asked this week, t Bonds due Jan.

OUTSIDE S EC U R IT IES (G iven

Price
Friday,
April 22.

3.

Bid. A 8k. Low, High. No. Low.High,
Nash Chat A St L—(Con.)— j
100 105
A pr.’98,
98)4 101
1st con gold 5 s . . . . . . . . 1928 A - O
1st 6s T A P b . . .......... 1917 J - J
1st 6s McM M W A A l. 1917 J - J
1st gold 6s Jasper Bch.1923 J - J
12094 122
Nash Flor A Shef. See L A N
107)4 107)4 N e w H A D . SeeN Y N H A H
113 117
N J Juno RR. See N Y Cent.
116)4 120
N J Southern. See Cent N J.
New A Cin Bdge. See Penn Co
NO A N E prior lien g 08.1915 A-OT
N Y B A Man Bch. See L I.
N Y Bay Exten RR. See L 1.
118)4117)4
N Y Cent A Hud R —ls t 7 s .’ 03 J - J 114 115 1 1 3 « 113)4
113)4 1 1 7 «
113)4 H » «
R egistered............... 1903 J - J 114
94
98)4
106 112
100
106
101)4 104)4
Debenture 5s o f. 1884-1904 M - S 105)4 . . . .
106 11)94
106 A pr.’98
Registered ....1 8 8 4-1 0 04 M - S 105)4 . . . .
83)4 91)4
109)4 Sep.’97
Reg deb 5s o f .. .1889-1904 M - S 105)2 . . . .
1*02* * 105**
102 A pr.’98
Debenture g 4 s.. 1890-1905 J - D 101 . . . .
99 109
104)4 10494
104)4 Feb.'98
Registered....... 1890-1905 J - D 101 . . . .
101)4 10894
102 105
102 A pr.’98
Debt certs ext g 4 s . ... 1905 M -N 101 . . . .
QÛL/
104 105
104 Mar '98
Registered..................1905 M -N
87)4 *95*
109 109)4
109
Harlem 1st 7s...............1900 M -N 1 0 8 « 110 109
85
91
109)4*09)4
1 0 5 « 106)4 109)4 Jan.’98
103 103
R egistered................. 1900 M -N
103 May’97
N J June R g u 1st 4s .1980 F - A *100
R egistered.................1986 F - A
104 n o «
100)4
104)4 104
W est Shore 1st 4 sg u .2 3 6 l J - J
103 109
104 110
105
104 104
R egistered................. 2361 J - J
108)4 N ov’97
J -J
Beech Crk 1st gu g 4s. 1936
92
98)4
R egistered................. 1936 J - J
114)4119)4
2d gu gold 5s.............1936 J - J
102)4 105
Registered..................1930 J - J
Clearfield Bitum Coal Corp
80 N ov’ 97
95
1st s f int gu g 4s ser A .’ 40 J - J
Small bonds series B . .’ 40 J - J
109 118)4
Gouv A Oswe 1st gu g 5s.’ 42 J - D
120 128
120 M ar’98
R W A O gco n ls t e x t 5s.’ 22 A-O*
118 122)4
Nor A Mont 1st gu g 5 s.*16 A - O
R W A O T R I s t g u g 5 s .l 8 M -N
116 123)4
Oswe A R 2d gu g 5s. .1915 '-AS
107)4 J ’ne’9 '
Utica A Blk R iv gu g 4 s .*22 - J
117 123)4
Moh A Mai l s t g u g 4 s .l9 9 l M -S
D
Cart A Ad 1st gu g 4s. 1981
86)4 60)4
N Y A P u t ls t c o n g u g 4 s .’98 A - O
120 126
126 Feb.’ 98
N Y A North ls t g 5 s.. 1927 A - O
1O0 1 0 7 «
102
100
N Y Chic A S tL l s t g 4S.1987 A - O
104 104
104
104
R egistered.................... 1937 A - O
7094 74
N Y A Greenw Lake. See Erie
N Y A Har. SeeN Y C A H ud.
N Y Lack A W . See D L A W
N Y L E A W. See Erie.
N Y A Man Bch. See Long Is.
N Y A N E . See N Y N H A H
104)4 Oct.’ 97
113 115)4 N Y N H A Hart ls t r e g 4 s .’ 03 J - D
145 150
145 A pr.’ 98
Convert deb certs $1,000 .. A - O 145
103)4 10094
145 146
145 A pr.’98
Small certfs $ 1 0 0 ............
122 123
125)4 F e b '97
H ousatonic R co u g 5s. 1937 M -N -123*
127 127
M -N
N H A Derby c o n 5 s ... 1918
125)4 125)4
i'ÍÓ* ‘ 1*19
119 Feb.’98
N Y A N E 1st 7s.........1905 J - J
106 100
114 May’97
1st 6s.......................... 1905 J - J
108 108
N Y A North. See N Y C A H ,
100 1 0 8 «
N Y O A W con l s t g 5s. 1989 J - D 106)4 Sale 100)4 100)4
96 102
97)4
97«
9 7 ) 4 .......
Refunding l s t g 4 s ....1 9 9 2 M-SÌ
Regis $5,000 only. ..1992 M-S!
N Y A Put. See N Y C AH.
N Y A R B. See Long Isl.
103 1 0 8 «
N Y S A W—1st re f 5 ».-1 9 3 7 J - J *100 103 105 A pr.'98
8 4 « 91
90 Mar ’ 98
2d gold 4)48................... 1987 F - A
85
98
86
85
80
85
General g o s .................. 1940 F- A
110 1 1 1 «
110
10
Terminal 1st g 0 s ...,..1 9 4 3 M -N
M -N
Regis $5,000 e a ch ... 1943
102 108)4
93)
95
95
95
W ilkA E astlst gu g 5s. 1942 J - D
1149 III”
116
118 116
Mid R R o f N J l s t g 6 sl910 A - 0
N Y T ex A M. See So Pac Co.
North Illinois. See Chi A NW,
North Ohio. See L Erie A W.
Northern Pacific—
112 11
114
Gen 1st R R A L G s f g6 s.’ 21 J - J 113 114 113
112 118
Registered..................1921 .1 - J 113 114 112 M ar’ 9i
128 D e o '97
S tP A N P gen g 6 s . . . 1928 F - A
8494 9194
126 N ov’97
Registered o tfs .........1923 G - F
57
67)4
90« 9
90«
92«
9094 Sale
Prior lien r A l g g 4s. .1997
8394 8394
98
97
A pr.’98
Registered. . . . . . . . . . . 1997
80
85)4
68 «
5 8 « 91 57
3
57” Safe
General lien g 3s.........2047
71
7594
R e g iste re d ................ 2047
80
84)4
104 1 0 7 «
106 107 106 M a r’ 98
Nor Pao T er Co 1st g 6s. 1933
Nor Ry Cal. See Cent Pao.
93)4 99)4 N orW ls. See O St P M A O.
105 105
105 M a r’ 98
93 100)4 Nor A South l s t g 5 s . ... 1941 M -N 102
120 1 2 5 «
120 M a r’98
Nor A W est gen g 0 s ....1931 M -N
108 109
118 118
118 M a r’98
New River 1st g 6 s . ... 1932 A - 0 117
65)4 79)4
117 1 1 9 «
117 Feb.’98
F -A
Im prvm t A ex t g 6 s ... 1934
101 Feb ’ 97
C C A T 1st gu g 5s.. ..1922 J - J *101 ,
62
72)4
82
82«
82
82«
Sclo VAN E lstg u g 4 s .l9 8 9 M -N
74«
76
74)4 75)4 7494
N A W R y ls t c o n g 4 s .1996 A - O
102 106
R e g iste re d ................ 1990 A - O
106)4 106)4
S m a ll......................1 9 9 6 A - O
Nor A Mont. See N.Y.Cent.
g A L Ch 1st con 6 s..1920 A - O
107)4 110)4
Incom e..................... 1920 A - O
105 105
Incom e small........................ A - 0
102 108
52 80
94)4 O l n d A W . See C C C A St L.
80
92)| Ohio A Miss. See BAO SW.
102 102
102 Jan.’98
Ohio River R R 1st g 5s..1936 J - D
General gold 5s.............1937 A - O
80
64«
8 4 « Feb.’98
70
Ohio Southern l s t g 6 s..1921 J - D
11
15
1 4 « Feb.’98
General gold 4s............1921 M -N
10
14«
10 M ar’98
Eng Tr Co certfs...............
7 6 « 82
7 6 « Mar *98
76«
O m A S tL l s t g 4 s.........1901 J - J
120 123
Ore A Cal. See So Pac Co.
109 1 0 9 «
109 M ar’ 98
72
80)4 Oregon Imp Co l s t g 6s. 1910 J - D
1.03« 1 1 2 «
105
104 105 105
Eng Trust Co otfs o f dep.
Stamped int pd to D ec 1 ’ 97
3 2 « A ug’ 97
Con gold 5s....................1939 A - 0
50
62«
50
53
50 Sale
Con Tr Co re cfs all Inst pd..
111 115
112 «
Ore Ry A Nav 1st s f g 0s. 1909 j - J 1 1 2 « Sale 111
9 0 « 97
9294
Ore R R A Nav con g 4s.. 1946 J - D 1......... 9 0 « 9 0 «
118 1 2 7 «
118
118«
Ore Short Line 1st g 0 s .1922 F - A 118 ...
120 D ec ’«^
Utah A Nor 1st 7s....... 1908 J - J * 1 1 5 « ...
128 131)4
102 May’97
Gold 5s....................... 1926 J - J *100 ...

Ask. Low. High. No. Low. High.

L E & S t L C o n c n g 5 s .l 9 3 9 .)
33 Feb.’98
. . . 88
Tr Co certs........................i $
9)4 A ug’ 97
General gold 4s............1943 M -S
Louisville & Nashville—
108 N ov’ 97
Cecelian Branch 7 s ....1907 M -S 101)4
121)4 M ar’ 98
- J 117)4
H O & M 1 s tg 6s.........1930
107)4 Feb.'98
- J
2d gold 6s................... 1930
113 A pr.’98
E H & Nash l s t g 6 s ...1919 - D 112
General gold 6 s . . . . . . . . 1930 - Ü 115 117)4 116)4 116)4
103)4 Sep.’97
M -S *100
Pensacola dlv gold 6s. 1920
121 J ’ly ’97
fit L div 1st g 6s.......... 1921 M -S
2d gold 3s................... 1980 M -S
no
D e o ’ 9:
Nash & Dec 1st 7 s . . . . . 1900 - J
Sink fd (S&A) g 6 s ....1 9 1 0 A - O *108 .. .
94)4
94)4
94 .. .
-A
B A N A e o n g u g & s ... .1938
....... 104-% 104 A pr.’ 98
G o ld 5s.......................... 1937 M -N
83)4
85
83)¿ Sale
Unified g 4s.................. 1940 - J
R egistered................ 1940 - J
99
99
..........100
Pens & Atl 1st gu g 08.1921 - A 1
C o ll trust g 5s..............1931 M -N 100 102 10194 10194
L& N & M & M lstg 4 « s . 1945 M -S 1 0 0 )4 ....... 100)4 Sep.'97
87)4 Apr.’ 98
N F la & 8 ls t g u g 5 s ..1987 - A ' .............. 86
85 A pr.’98
Kentucky Cent g 4s. ..1987 - J ‘ 8 5 )4 .......
103 Jan.’ 98
L C tn & L e x g 4 « s . ... l 9 3 1 M -N
L & Jeff Bge Co gu g 4s. 1945 M -S
L N A & C . See C I & L.
109 M ar'98
Louts Ry Co lstco n g 5s. 1930
ahon Coal. See L S & M S .
91)4 92 A pr.’ 98
anhattan Ry con 4s. 1990 A - O
15)4 115)4
Metropol El l s t g 8 s... 1908 - J 114
103
103
2d 6 s...............
1899 M -N 103
Man S VV Colonlz g 5 s ... 1984 J - D
Market St C Ky 1st g 6s. 1913 J - J
M cK ’pt & B V. See P McK&Y
Metropolitan El. See Man Ky
10994
M et St Ry gen o t r g 5 s ..l 9 9 7 F - A 108 109 109
117)4 18)4 A pr.’98
Bway&7t.h A v ls tc g 5s. 1943 - D
R eg istered ................ 1943 - D
110
C ol& 9thA v lstgu gS s.19 9 ~ M -S
R eg istered ................ 1993 M -S
117
117 117
M -S
L ex A v & P F ls t g u g 5s.’93
R egistered ....................... M -S
6.8)4 Feb.’ 98
J
M ex Cent con gold 4 s . ..191
1st con Income g 8 s ... 1939 J ’lyt
2d con incom e g 3 s .... 1989 J’lyt
Equip & coll g 5s.........191 A - O
73)4 Sale
72)4
7394
Mex Internat 1st con g 4s.’ 7 M -S
M ex Nat 1st gold 6s.......1927 J - D
2d Income gold 6s A .. 191
Coupon stam p ed ............ M-St
J ’ly ’ 97
2d incom e gold 6s B ..1917 An.
Feb ’ 97
M ex North 1st gold 6s. .1910 - D
R egistered ...................1910 J ~M
Mich Cent—1st con 7 s.. 1902 M -N *111 113)4 13 M ar’ 98
M -N 103
103)4 103)4
1st con 5s............
122 Feb.’98
6s........................... ....... 190« M - S
27 Jan.’98
M -S ♦Í2*i
5 s ...........................
25)4 Jan.’ 98
•
R egistered....... .......1931 Q -M •• •
106 Feb.'98
J - J 100
4 s...........................
108 Jan.’98
R egistered....... ....... 1940 J - J
Bat C & Stur 1st gu g 3s ’89 J - JD * 70
M id o f N J. See N Y Sus & W
Mil Elec Ry & Light consol
80*yr g 5 s ................. 1926 F - A
M L 8 * W . See Chic & N W
Mil & Mad. See Chic & N W
Mil & North. See Ch M & St P
Mil & St P. See Ch M & St P
Min & St L gu. See B C R & N
143 J ’ly ’ 97
Minn & St L—l s t g 7s ..19 2 7 J - D
104)4
1st cons gold 5 s ... . . . . 1934 M -N 102)4 Sale 102
127 N ov’97
Iow a ex 1st gold 7 s ... 1909 J - D
South W est ex 1st g 7 s.*10 J - D
121)4 A u g’97
Pacific ex 1st gold o s . 1921 A - O
M A P 1st 5s st I s ln t g u ..’36 J - J
M 88 M&A 1st g 4s int g u .’ 26 J - J
M 8 tP & S S M cong4sintgu’ 88 J - J
Minn St Ry 1st con g 5s. 1919 J - J
Minn Un. See St P M A M.
85
86)4
85) Sale
M o Kan A T e x — 1stg 4 s . 1990 J - D
58
59
58) Sale
2d gold 4s.....................1990 F -A I
8894 Jan.’98
1st exten gold 5s../.... 1944 M- N
80
80
M K A T o f T l s t g u g 5 s .'42 M- 8
7594 A pr.’ 98
K O A Pao l s t g 4 s . ... 1990 F - A
8194 M ar’ 98
Dal A W a 1st gu g 5s. 1940 M - N
B oonev Bdg C ogu g 7s. .*06 M -N
T ebo A Neosho 1st 7s. 1908 J - D 104 .......
93)4
93)4
M o K A H 1st gu g 5 s ...1942 A - O 93)4 Sale
94
93
94
9494
M o Pao—1st con g 6s. ..19 2 0 M -N
108 Apr.'98
Sd 7s.............................. 1906 M -N .........108
79 Feb.’ 98
T ru stg 5 s .. . . . . . . . . . . . 1 9 1 7 M-St > 6 4 .......
R egistered.............1 9 1 7 M-St
64 A pr.’ 98
1 st coll gold 5s.............1920 F - A ♦ 00
R egistered ................ 1920 F - A
98 100 103 A pr.’ 98
Pao R o f Mo 1st ex g 4s. '38 F - A
106)4 Feb.’ 98
2d extended gold 5s. 1938 J - J 100
V erd V 1 A W 1st g 5 s .. ’ 26 M - 8
L eroy A O V A L 1st g 5s '20 J - J
110 107)4 Feb.’98
St L & I Mt 1st e x t g 4 « s .’47 F-A§
105 c 105 M ar’ 98
2d ext g 5s................. 1947 M -N
102 M a r’98
Ark Branch ex t g 5 s . l 9 3 5 J - D *105
86
86
87)4
G en con ry A ld g r t g 5 s ’ 31 A - 0
Gen con stamp gtd g 5 s ’ 31 A - 0
87)4 A pr.’98
M iss Rlv Bdge. See Chic A Alt
M o b A Birin prior lien g 5s.’45 J - J
Small................................... J - J
Incom e gold 4s............. 1945 J - J
Small...................................
M o b A Ohio new gold 8 s ..’27 J - D
118)4 120 Mar’ 98
119 D e c ’ 97
1st extension gold 6s. 1927 Q -J t
74
74)4
70
74
General gold 4s............1938 M -S
St L A Cairo gu g 4s ..1931 J - J
Mohawk A Mai. See N Y C A H
Monongahela Rlv. See B A O
M o n t Cent. See St P M A M.
M ontauk Ext. See Long Is.
Morgan’s La A T. See S P Co.
Morris A Essex. See Del LAW
128 Apr.’ 98
XT ash Chat A St L 1st 7 s.’ 13 J - J *125
IN 2d 0s....................... 1901 J - J
10594 N ov’ 9~

g
BONDS.
N .Y . S T O C K E X C H A N G E • s f
SJ»
W e e k E n d in g A p r . 22.

Pa o b

Bid.
Stock
40
107
90
71
105
180

Ask.
Exch
110
78
115
200

on list
107 112
140 145
100 110
78
72

* Bonds due July.

I Bonds due June. 5 Bonds due May.

7 consecutive pages).— TEL.
Bid. Ask.
T e le g . & T e le p h .
80
Southern & A tlantic....... .
W est’n Union Teleg—N Y Stock E xch

E lectric Com panies.

Allegheny Co Light C o ... 127
Brush Electric C o............
Br’dgprt (Ct) El L t Co.25 t 3 7 « 40
20
18
Consol Electric Storage..
Eddy Electric M fg Co..25 t ......... 15
Edison El Til Co NY—N Y Stock Exch
Edison El 111 Co Brk—N Y Stock Exch
13
10
Edison Ore Milling C oEdison Storage C o........

&

1 Bonds due Not .

ELECTRIC,

E lectric C om pontes
East End Electric L igh tElectro-Pneumatic...........
Fort W ayne Elec. Co ..25 +
General Electric Co—N Y
Do pref .—See Boston L
H artford (Ct) E le cL t Co.
H artf’d(Ct) Lt&PowCo25
Mo Edison E le ctric....
Do p r e fe r r e d .........
Narragan. (P rov)E l Co.50
New H av (Ct) Elec Lt Co
+ Price per share.

&c
.
Ask.
1
2

i*

Stock E xch
ist.
L20 123
U
t 6
13
18
43
47
t S3«
156

800

THE CHRONICLE.—BOND
Price
Friday,
April 22.

BONDS.
2ST.Y. S T O C K E X C H A N G E
W e e k E n d in g A p r . 2 2 .

Bid

Week's its-g
Range or § ©
Last Sale.

Ask, Low. High. No

Range
from
Jan. 1.

PRICES (5 pages) P a g e 4.
1 rice

BONDS.
N. Y . S T O C K E X C H A N G E
W e e k E n d in g A p r . 22.

Low. High

Friday,
April 22.

LVOL. L X V 1.

Week's
Range or
Last Sale.

S "X

Range
fro m
Jan. 1.

Bid. Ask. Low. High. No Low.Htgh,
Ore Sh L—1st con g 5s.. .1946 J - J
97
97
97% 21
96% 102
3tP & S’x City. See C StP M&O
Non-cum inc A 5s....... 1946 Sep.t 60 Sale
59%
62% 21
58
69
3 A & A P. See So Pac. Co.
Non-cu inc B & col tr.. 1946 Oct.*
44
46 A pr.’98
39
49
S F & N P 1st s t g 5 s ... 1919 J - J
100% Oct.’ 97
., Oswego & Rome. See N Y C
Sav F & W 1st con g 6s. 1934 A - O
104% Oct.’ 9"
. O C F A S t P . See C & N W
l s t g 5s...........................1934 A - O
ac o f Missouri. See Mo Pac
Scioto Val & N E. See Nor & W
anama s f s’ bsidy g 6s. 1910 M -N
Seab & Roa 1st 5s.......... 1926 J - J
104% Feb.’98
104% 104%
Pennsylvania C o Sea & B Bdge. See Bklyn El.
Penn Co gu 1st g 4% s.l921 J - J
108% 108
110
108 114
Sod Bay & So l s t g 5 s ... 1924 J - J
R egistered.................. 1921 J - J
112% D e c ’ 91
;
So Car & Ga 1st g 5s___ 1919 M -N
93
93
93
93
98
G td 3% scol trust reg. 1937 M - S|
Southern Pacific C o P C C & St L con gu g 4%s—
Gal Har &S A 1st g 6s.l910 F - Al
109 107 Jan.’ 98
107 107
Series A . . ....................1940 A -O
111
111 M ar’ 98
111 118
2d g 7s............ ........... 1905 J - D 1 103
105 M a r’98
100 105
Series B g u a r.............1942 A - O
109% 109
109 113
109%
M e x & P a cd iv l s t g 5 s .’ 31 M -N
95
90
96%
92
96%.
Series C g u a r.............1942 M -N
Hous & T C 1st W & N 7s.’ 03 J - J 125
Series D 4s guar........1945 M -N
102 Oct.’ 97
1st g 5s int g td ..........1937 J - J *110 111% n o A pr.’ 98
108% 110%
Pitts Cin & St L 1st 7S.1900 F - A
106% M ar’98
106% 106%
C o n g 6s int g t d ......... 1912 A - O *108 110
107 M a r’98
107 107
R egistered.................. 1900 F - A
109% A p r ’97
.........
G e n g 4 s m t g t d ......... 1921 A - O
78 Sale
78
76% 80
Pitts Ft W & C 1st 7s. 1912 J - J
140% Jan.’98
140 140%
Morgan’s L a & T l s t g 6 s .’ 20 J - J *127
120% Feb.’ 98
120 % 120 %
2d 7s............................ 1912 J - J
140 M a r’ 98
140 140
1st 7s...................................... 1918 A 127
-O
127 Feb.’ 98
127 127
8d 7s...... ..................... 1912 A-O*
N Y T & M exgu l s t g 4 s.’ 12 A - O
O St L & P 1st con g 5s. 1932 A - O
112% A p r ’ 97
Ore & Cal 1st gtd g 5s. 1927 J - J
68
75 Jan.’ 98
75
R egistered ................ 1932 A - O
S A & A Pass 1st g u g 4 s .’43 J - J
56% Sale
56
56%
62%
Clev & Pitts con s f 7s. 1900 M -N
109
109
109 109
T ex & N O 1st 7 s ........1905 F- A
110 M a r’98
HJen gu g 4 ^ s ser’s A. 1942 J - J
Sabine div 1st g 6s. .1912 M - S ■105
106% N ov’ 97
Series B...................1942 A -O
Con g 5 s ....... ........... 1943 J - J
98 Sale
98
98%
96% 98%
St li Van & T H 2d 7s. 1898 M -N *108
102 Jan.’ 98
102 102
S o P o f A rgu l s t g 6 s .’ 09-10 J - J | 108 Sale 108
|
103%
100% 104%
2d guar 7 s . ...............1898 M -N 103
102% M ar’98
102% 102%
S P o f Cai l s t g 6s. ’ 05-12 A - O
1 1 0 % 110 Jan.’ 98
110 110
G r R & I e x ls tg u g 4 % s .l9 4 1 J - J
1st con guar g 5s. .1987 M -N
"96 ‘
96
96
92% 97
. Allegh Val gen gu g 4s. 1942 M -S
102 N ov’ 97
A & N W 1st gu g 5s.l941 J - J
80
82
82%
82
87%
N & C Bdge gen gu g 4%s.’ 45 J - J
S P Coast 1st gu g 4s.. 1937 J - J
Pennsylvania R R Co—
S Pac o f N Mex 1st g 6 s.’ l l J - J 106 ....... 107
107%
105% 108%.
1st real estate g 4 s ... . 1923 M -N
108 May’97
Southern Ry—1st con g 5s.’94 J - J
87% Sale
874
87% 94%.
Con sterling g 6s.........1905 J - J
R egistered.................... 1994 J - J
Con currency 6s re g ...l9 0 5 Q-M+
E Ten reor lien g 4-5s.l938 M - S
100 F eb.’ 98
b e '" io ò " '
C o n g 5 s.................... ..19 1 9 M -S
R egistered.................1938 M - S
Registered................. 1919
A la Cen R l s t g 6 s . . . . 1918 J - J
112% A u g’97
C o n g 4s.......... . . ... ... 1 9 4 8 M -N
A tl & Ch A ir Line ine. l9 00 A - O
Cl k Mar 1st gu g 4% s.l935 M -N
.............
Col & Greenv 1st 5-6s.l916 J - J
i l e " D ec ’97
U N J R R & Can gen is . 1944 M -S *112
115% Feb.’98
115% 115%
E T V a & Ga 1st 7 s ... .1900 J - J *108% 106% 106% M a r’ 98
106% 107
D R RR& Bge 1st gu 4s g.’86 F - A
Divisional g 5s......... l9 30 J - J *112
112% A pr.’98
112%115
ensacola & At. See J,& Nash
Con 1st g 5s....... ....1 9 5 6 M -N 108 Sale 108
109
It 108 111%
eo D ec& E ls t g 6s tr rec.’ 20 J
100
95 A pr.’ 98
100%
G a P a c R y l s t g 5-6s.. 1922 J - J 117 118 118
118
2 118 121
Evans Div ls t g 6 s t r r e c .’20 M
96
96 Feb.’98
96
K nox & Ohio l s t g 6s .1925 J - J 1 1 4 % ......... 114% 114%
5 114% 117%
2d g 5s tr rec 1st p d..l926 M -N
14% D e c ’ 97
Rich & Dan con g 6s. .1915 J - J
118
118
1 118 125
P eo & East. See C C O & St L
Equip sink fund g 5s. 1909 M -S
101 N ov’97
O^eo & Pek Un ls t g 6s. ..1921 Q - F 120
Sale 120
120
120 1?0
Deb 5s stam ped....... 1927 A - O
100 N ov’97
105 lp 5
^»d g 4% s............ .Feb., 1921 M -N ' 84
86% Feb.’98
86% 86%
Virginia Mid gen 5 s ... 1986 M -N 102
102% A pr.’ 98
100 105%
Pine Creek reg guar 6 s .. 1932 J - D
187 N ov’ 97
G tdstàm ped.......... 1936 M -N 102
102 A p r.’98
102 106
Pitts Cin &St L. See Penn Co.
W O t W 1st cy gu 4s.l924 ‘F - A
84 A u g’97
P C C & St L. See Penn Co.
W est N C 1st con g 6s. 1914 J - J 110% Sale 110% 110%
110% 116%.
Pitts Clev & Tol 1stg 6s.. 1922 A - O
S & N Ala. See L & N.
Pitts & Connellsv. See B & O.
Spok & Palouse. See Nor Pac,
F itts Ft W & Ch. See Penn Co.
Stat Isl R y 1st gu g 4% s.l948 J - D
P itts June 1st g 6 s.........1922 J - J
Siinb & Lewistn 1st g 4s. 1986 J - J
Pitts&\L/Erie—2d g « s .. 1928 A-OT
Syra Bing & N Y. See DL&W.
Pitts M cK & Y o—lstg u 6s.’ 32 J - J
^er A o f St L 1st g 4 % s.’S9 A - O
110%Feb.*98
110% 110%
! 2d guar 6 s . . . . , ............1934
J
- 1st con gold 5s. 1894-1044 F - A 105% ,
105% A pr.’98
105% 109%
. M cKee & B V ls t g 6 a . 1918 J - J
St L M B geT ergugSs.lfiSO A -O
108 O ct.’ 97
Pitts F A F 1st g 5 s ....\ 1916 J - J
Terre Haute E lec Ry g 6s. ’ 14 Q -J*
Pitts Sh & L E 1st g 5 s.. 1940 A - O
|
.. 107% 105% A pr.’ 98
104 109
T ex & N o . ' See So Pac Co.
1st consol gold 5s.......1943 J - J
98 J ’ly ’ 97
T&P R yE ast div ls t g 6sl905 M - S
110% F eb.’ 98
109 1104
Pitts & W est 1st g 4 s .. .T917 J -i J
77
77
77
86%
1st gold 5s.....................2000 J - D 1 0 0 Sale
99
1Q0
96% 1024
Gold 5 s . ............ ¡1891-1941 M -N
83% Mar’ 97
2d gold inc. 5s, D e o .. .2000 Mch.
29
30
30 A pr.’ 98
28
35
Pitts Y & Ash 1st con 5s 1927 M -N
Third A v 1st gold 5 s .. . . 1987 J - J
120 128 A pr.’98
122 124
eading Co gen g 4 s... 1997 J - J
78 Sale
78
80
78
87% Tol & O C l s t g 5s..........1985 J - J
104
104
R egistered.............. 1997 J - J
102% 1044
W est’n div 1st g 5 s ....19 3 5 A - O
108% Jan.’98
103% 1084
. RenssOla* r & Sar. ' See D & H
General gold 5s............1935 J - D
R ich & Dan. See South Ry.
Kan & M l s t g u g 4s. ..1$90 A - O
80 M á r’ 98
79 egg%
R io Gr W6st 1st g 4 s ... .1989 J - J
180
80
79
86% Tol P eo & W 1st gold 4 s.l917 J - J
70 A pr,’ 98
: R io Gr June 1st gu g 5s. 1939 J - D
69
72%
94% Feb ’98
92% 94% T St L & K C 1st g 6s tr.1916 J - D
‘ 85% A pr.’98
8 5% 90
JBiO Gr So 1st g 8-4s........1940 J - J
64 F e b ’ 98
54
54
T Tlster & Dèi 1st e g 5s. 1928 J - D
100
100
98% 164
•'Roch & Pitts. See B R & P.
•
■vJ ntbii Elév. See Bklyn Elev
R om e W at &Og. See NY Cent
Un El (Chic) 1st 'g 5s..,. 1945 A - O
alt L a k eC l s t g s f 6s.’ 03-18 J - J
Un PaO—R R & 1 g g 4s. 1947 J - J
'89% Sale
88%
00%
88% « 0 %
t Jo&G I l s t g 2-8 4 s.. 1947 J - J
70
69
69
76
'R e g is te r e d ....... .....1 9 4 7 J - J
B tL A & T H . See Illinois Cent.
Tr Co ctfs’ g 4% s..........19T8 M -N
48% 144
44
44
61
S t L & Cat. See Mob & Ohio.
i Kansas Pacific 1st 6s. .1895 F- A
111% J’ne’97
» fit L & Iron Mount. See M P,
1st 6 s .¿ ¡ ... .., ... .. ... 1 8 9 6 J 1 D
114 gep.’ 9
St L Jack < Chi.'SeeCh&Alt.
fc
. C B Un P.'fd cop g 7 s.. 1895 M -N ,f,5 . . . . .
• L E O A N. See Waibash.
St
U P D&Q Jst c '§Bs tr rc. ’39
50% Sale
49%
53% 138 48% 59
St I, M Br. See TTtR A o f StL
Uni N J RR&C Co. See Pa R R
Louis & ■
*San Francisco—
Utah &'North. See Ore S L.
1®d gOld 6s ClasB A . .. . 1906 M -N ♦110
115% M a r’ 98
115 11,6% Utica & Black R.! See NY Cent
2d gold 6s! Class B ........1906 M -N *110
1 }4 % A p r.’ 98
114 116% T / e r Val lnd & W . See.Mp P
A 2d gold 6s Class C........1906 M-.N *110
114 M ar'98
11$% 116% » irginia Mid.' See South Ry,
r l s t g 6s Pierce G & 0 ..1 9 1 9
A
ab RR Co l s t g 5 s . . 1939 M -N 106 Sale 106
106%
General gold 6s............ 1981
404 % j l O
J 118
114
115
114 119%
2d gold 5s............ 1939 FVA
75% Sale
75
76%
74% 82%
General gold 5s............ 1931 J - J 100 Sale 100
101
100 105%
Debenture series A . 1939 J - J
v 1st trust gold 5s........... 1987 A -O
92% A pr.’98
92% 97%
Series B...................... 1989 J - J
24 : . 22 %
22 %
22% ; 29%
F t S & V B Bdg 3 st g 6 s. 1910 A - O *100
105 O ct.’ 97
lstg5 s,D et & C h E x t ..1941 J - J
99
97
97
97 104%
Kansas Mid 1st g 4 s ... 1937 J - D
StOhasBridge 1st g 6s. 19 08 A - O
108% M a r’98
St L & 8 F R R g 4 s ... .1996 - J
108% 110
70
C 71% 53
77
Warren RR. See’Del L & W
Southw Div 1st g 5s... 1947 A - O
A pr.’ 98
90
96
Wash 0& W . See Southern
St L So. See St L A & T H.
W est N Y & Pa—ls t g 5 s . 1987 J - J
107 108% M ar’ 98
106 108%
S t L S W l s t g 4s bdcfs.19 8 9 M -N
71 Sale
78
Gen g 3 - 4 s .. ................ 1943 A - O
77
51
62% A pr.’ 98
48
55
2d g 4s inc bond ctfs. .1989 - JS
M ar’ 98
SO
Incom e 5 s ....A p ril, 1943 Nov,
12%
18% M a r’ 98
10
16
St L Van & T H. See Pa Co.
W est No Car. See South Ry.
St Paul City Cab. c g 5s. 1937 - J
90 N ov’97
Western Pac. See Cent Pac.
Guaranteed gold 5 s ... 1937 J - J
W Chic St40-yr 1st cur 5 s .’28 M -N
St Paul & Duluth Ist5 s.l9 3 1 F - A
117 M a r’ 98
115 117
40-year con g 5s.......... 1986 M -N
99 D ec ’97
2d 5 s ............................. 1917 A - O
109 Feb.’98
107% 109
West Shore. See N Y Cent.
St P a u lM & M 2d 6 s .... 1909 A - O
118% 122% Jan.’ 98
‘ 21 122% W Va & Pitts. See B & O.
Dakota ext gold 6 s ... . i 910 M -N 118
118% M ar’98
18% 122
W Va Cent & P 1st g 6s. 1911 J - J
1st consol gold 6s...... 1933 J - J *124
128 Feb.’ 98
128 129
Wheeling & L E 1st g 5s. 1926 A - O
101% M ar’ 98
100% 101%
R e g iste re d ................ 1938 J - J
Trust Co certificates............
100 M a r’98
100 103
Reduced to gold 4%s 1933 J - J
. . . . 104% 107 M ar’98
106 108%
W heel Div 1st gold 5s. 1928 J - J
90 M ar’98
90
90
R egistered.............. 1988 J - J
106% Mar 98
Exten & Imp gold 5 s .. 1930 F - A
92% M ar’98
92% 92%
M ont Ext 1st gold 4s.. 1937 J - D
95 Sale
95
95
98% 100%
Consol gold 4s............. 1992 J - J
R egistered..................1937 J - D
96 Feb.’98
96
96
Wilkes & East. S e e N Y S & W
ZJinn Union l s t g 6s... 1922 J - J
122% Jan.’98
122 % 122 % Wil & Sioux F. See St P M & M
M ont C 1st gu g 6 8 ... .1987 J - J *118%
118% 118%
118% 180
Winona & St P. See C 4 N W
R e g iste re d ................ 1937 J - J
115 A pr ’ 97
Wis Cent Co 1st tr g 5s .. 1937 J - J
84 N ov’97
1st guar gold 5s........1987 J - J
108 108 A pr.’ 98
108 109%
Engraved trust certificates.
35
87
86%
37
83%
« P R egistered ................. 1937 J - J
Income 5s...................... 1937 A-O*
6% Jan.’OS
5
E Minn 1st div ls t g 5s. 1908 A - O * 1 0 4 % _____ 105% A pr.’98
7%
105% 108%
-Registered................. 1908 A - O
MISCELLANEOUS BONDS.
W ill & S F l s t g 5 s ....1 9 3 8 J - D 105
111 N ov’91
;
m Cot Oil deb g 8 s ... 1900 Qu-F *103%
106% A pr.’98
102% 109
R egistered ................. 1938 J - D
m Dk & Imp 5s. See Cen N J
St P & Nor Pac. See Nor Pao
* m Spirits Mfg 1st g 6s. 191-5
70% 67 A pr.’ 98
64
77

P

....

o-s

.....

f

I

R

B

W

...

A

* N o price Friday; these are latest bid and asked this week. tBonds due June.

OUTSIDE S EC U R IT IES
Bid. Ask.
no
120
135% 136%
100
10
18
80
85
W esting Blec&MfgCo—Se « Bost List.
W oonsocket ( R I ) El Co.. 100 n o

E l e c t r i c C o m p a n ie s .
R hode Island Elec Pro Co.
T oronto (Can) Elec Lt Co.
Thom -Houst Welding Co.
United Elec Lt&P Co pref

F e r r y C s m iia n is s .
B ’klyn A N Y Ferry-Stock

185 200
1117
H oboken Kerry—Stock..
88% 86
1st 6» 1» 4 6 ............ MkS #103 110




((Iiv e n

* Bonds due July.

I Bonds due March. T Bonds due Jan. i Bonds due Nov.

AT FOOT OF 7 OONSEOUTTVE

K e r r y C o m p a n ie s ,
Metropolitan Ferry—5s..
N J & N Y Ferry—Stock..
1st 5s 1948..............J&J
N Y & E R Ferry—Stoek.
Bonds 5s o f 1932..........
N Y & S B Trans & Ferry
B on d s.............................
10th & 28d Sts F erry.......
1st mort 6s 1919...J&D
Union Ferry—Stoek.........
1st 5s 1980. . . . . . . MAN
K K ill-rude.,
A te Col & P 1st 0s tr co et»

Bid. Ask.
{107
{ 98
68
{ 94
25
{ 90
67
{ 93
54
{105

102
70
98
SO
92
72
97
55
1C8

30

35

K n il r o n d a .
Bid. Ask.
A tJ e w C o & W n ls t0 8 '
30
¿5
Atch & Pike’s Peak 1st
60
A te T& S Fe gu fd 0s notes 100
A tl’ta&Ch A irL 1st 7 s ’ 07 120
Atl&P cts o f dep gu 4s st’ d 106
Bost & NY A ir Line—Com
Preferred—See N Y Sto ck Ex
California Pacific lst4% s: 100
Do
2d mort guar
95
Ch Mil & St P Dub Div ’ 20 {120
Do
W is Val div 6s ’ 20 1 120
C hA N W lst7sM ad ex t’ l l l i s o
Do Menominee ext ’ l l 8130

____ R» ìli-onda.

Bid.
Chic & North W —(Con)—
Chic&Tomah 1st 6s 1»05 {108
North w Un. 1st 7s 1» 17. {137
FremElk&MoVal lst’ 38 1 131
Do
unstamped {129
Wiu&StP 1st ext 7s ’ 16 {136
Ch & East 111 gink fd col tr
Chic. Peor, k St lr—Stock
1st mort 4s 1925..........
2d mort in com es.. . . . . .
Cln&Spgf 2d 7s gu C C C&I 108
Jaek L * Sag 1st ext 5s ’ 01 101
{A n d interest. tPrioe per sh

THE CHRONICLE.—BO D PRICES fc5 pages)
N

A pril 88,1898.]
BONDS.
BT.Y. S T O C K E X C H A N G E
W e e k E n d in g A p r . 2 2 .

Price'
Friday,
April 22.
Bid.

.A tla n ta G L Co 1st g 5s. 1947 J -D t
ar &S Car Co 1st g 6s. 1942 J - J
os U Gas tr ctfs s f g 5s. ’39 J - J
B ’klyn U Gas 1st con g 5s. .’ 45 M -N 110
B r’k’n W & W H 1st g 5s. 1945 F - A
93
ah Coal Min. See T C U t t .
G L & C C o . SeeP G & CCo.
Chic J c& St Yd col g 5s.. 1 9 15 J - J
Oleari Bit Coal. See N Y C & H
Còl C & I 1st con g 0 s ... 1900 F - A
Col C & I Dev Co gu g 5s.. 1909 J - J
Col Fuel Co gen gold 6s. 1919 M -N
Col F & I Co gen s f g 5s. 1943 F - A
Columbus Gas 1st g 5s.. 1932 J - J
Com Cable Co 1st g 4 s ...2397 Q - J
R egistered.................... 2397 Q - J
Con Gas Co. S e e P G & C C o .
e Bardel C & 1. See T C & I.
el & H Can. See R R bonds
D et Gas Co con 1st g 5s.. 1918 F - A
d FI 111 1st conv g 5s. 1910 M -S
1st con g 5s.......... .. 1995 J - J
E d El 111 B’klyn l s t g 5s. 1946 A - O
R egistered............... ; .......... A -O
Brie T & T col tr g s f 5 s... 1926 J - J
Eq Gas L N Y 1st con g 5s. .’ 32 M -S
B q G & Fuel. See P G & C Co.
en Elec Co deb g 5s. .1922 J - D
r Riv Coal & C ls t g 6s..’ 19 A - O
Gr Rap G L Co 1st g 5s. 1915 F - A
ack W reor 1st g 5s.. 1926 J - J
end B Co 1st s f g 6s. 1931 M -S
111 Steel Co deb 5s.......... 1910 J - J
Non-con v deben 5s. . . . 1913 A - O
Jron Steamboat Co 6 s ... 1901 J - J
Jeff & Clear C & I ls t g 5 s 1926 J - D
2d g 5s............................ 1926 J - D
:K C Mo Gas Co 1st g 5s. 1922 A - O
LacGas-L Co o f StL lstg 5s’ 19 Q-F*
Small bonds.................
Qu-F
Mad Sq Garden l s t g 5s. 1919 M -N
: M et T & T 1st s f g 5s. ..1918 M -N
R egistered....... ......
1918 M -N
Mich. Pen Car Co 1st g 5 s.’42 M -S * 85
Mut Un Tel Co. See W n Un.
Nat Starch M fg Co l s t g 6 s ’ 20 M -N 106%
Nwpt News S & D D 5 s .. 1990 J -J§
N Y & N J Tel gen g 5s c y . ’ 20 M -N
N Y & Ont Land ls t g 08.1910 F - A ,
N oW estnT eleg. SeeVYest.Un.
P eó Gas & C 1st gu g 0S.19O4 M -N
2d gtd g 6 s ................ ..1904 J - D
1st consol g 6s.............. 1943 A - O
R efunding g 5s............ 1947 M -S
R egistered.................1947 M - S
Öb,G-U&Cke ls t g u g 5s’ S7 J - J 103
. Oon G Co o f Ch 1stgu g 5s’36 J - D *101
•Eq G & F C h ls t g u g 6 s .’ 05 J - J
P eoria W at Co g 6 s.. 1889-19 M -N 1

D
E

i©s
.o

Sale
.......

00% Jan.’98

110
94

112

M a r’ 98

109Jé F e b ’ 97
9 6 - A pr.’ 98

110
94

105% Feb.’98
104 Feb.’ 98

104
104

92
92
109% 108 A pr.’ 98
114J4 A pr.’ 98
113% J ’ne’97

08% M ar’98

H

111

105%
104

92 103
108 1 1 2 «
114% 117
98%

98%

100

101%

100

105%

A ug’97

* 7 0 " A p r ’97
107
80

May’97
May’97

100

100

102*' J ’iy v97
85
106

119
Sale

....

J ’ne’97
M a r’ 98

111 N ov'97
102 M ar’ 98
ll9 % F e b .’98
103
101
102

104
101
Feb.’ 98

*;No forice Friday; these are latest bid and asked this week.

OUTSIDE S EC U R IT IES (G iven

105

106%

102 109
110% 120
102
101
102

106%
106
102

U. S. GOV. SECURITIES.
U S 2s registered... .Optional
U S 4s registered............1907
U S 4s cou p on ..................1907
U S 4s registered...........1925
U S 4s cou p on ..................1925
U S 5s.registered.......... 1904
U S 5s c o u p o n ... .......... 1904
U S 6s currency ...............1899
U S 4s registered certs
o f indebt (Cherokee) 1899

75
100
44

30
37%
90
114
125
43
8 7'

w
52

M iw cella n ^ ou H .
Russell & Erwin...............
Safety Car H eat & Light.
Schwarzchild & Sulzberg.
Semet-Solvay deb 5s.......
Simmons Hardw’re—Com
' P referred...............
Singer M fg Co...................
Standard Oil...................
Standard Underg’d Cable.
Sides I& Slst 6s 1917.F&A
Southern Cdtton Oil. . . . . .
Stat Isl R T 1st 6s’ 13A& 0
2d 5s 1 9 2 6 ,............ J&J
Stijlw-Bierce & Smith-V.
Strtft,& Co.................... .
1st 6s....... ............
Susq Coal 6s 1 9 1 1 ... .J&J
Term Warehouse—Stock.
' 1st 6 s ........................ .....
’Debenture 6s-.......... .
B an k s.

Bid.

N. Y. CITY.
A m erica*. . . . 350

110
22
72

105 ’
107
160
113
5
40
10
25
n list
60
10
h.
92
105
105
35
22%
79
80
25
203
55

xch.
” 8*'

Ask.

113
101
55
10

113

Feb ’ 9'

56
16

57
A pr.’98

51
il

61J
16J

80
79

84% M a r’98
80
80

86
87

110

83 Jan.’98
113% 114

83
83
113% 116

105% Feb.’98
105 M ar’98

105% 105J4
105 105%

105

105
111

*105
105
*105
105

111

95
107 107%
108 109
116% Sale
118 Sale
109% 110%
110% 111%
102% .. .

Mch

105
M a r’ 98

101

*101
* 20

M a r’ 98

111
111

100
108%

95

*102

100

100

115
101
98

115
103
100J6
101

101

.....

....

*102
* 85
88
....... 87
65 Sale
*

108% 108J*
108 108

M ar’98
Feb.’98
J’ly ’ 97
Feb.’98

115 M ar’ 98
101 M a r’ 98
100% M a r’ 98

112

120

98 A pr.’ 98
108% A pr.’98
108
110
116% 118%
117% 120
111% A pr.’ 98
111% A pr.’98
103 M ar’98

108%
108
104%
100

*105
95
95

Jan.’ 98

101

128

Feb.’ 98

128” 1*2*8*

89
88
65

M a r’98
Feb.’ 98
65%

3

89

96

65

67%

88

4% Feb.’98

§ Bonds due April.

C entral........ 160

174

2 80
100

Chatham . . . . 290

300

125
C ity .............. 900
Clinton*........
C olonial*. . . . 125
150

135

210
Corn E xch *..
285
East R iv e r.. 125
11th Ward*.
F i f t h ............
Fifth A v e * .. 2900 3400
First..............
First (St Isl)
F o u r th .........
190
160
Franklin......

300
165
120
390
90

Ask.

88

4%

5

I Bonds due January.
I

91
103
100
112
375
344

102
88

15
•107
60
70
92
103
115

' M iscel laneous.

Texas & Pacific Coal.......
. 95
1st 6s 1908.......... . A&O
Title Guar &) Trust.. . . . . .
50
104% Trenton Potteries—Com.
103
P referred .............. ... .. j .
117
Trow Directory—N e w .. . .
400
Union Sw itch & Signal...
315
Preferred hi................
105
Union Typewriter—Com.
Union Ty.pew’r.—1st pref.
30
2d preferred . . . . . . . . . . .
U S Glass—Common
P referred......................
,U S Projectile ;C o .. . . . . . . .
W agner Palace Car.. . . . . .
Westinghouse A ir Brake.
Willimantic Linen C o ....
10
W dol Exchange o f N Y .72% W orthington Pump—
Com
72%
P re fe rre d .............

B a n k s.

Bid.

Mech & Tra*

Astor Place*
Bowery*.......

850
112

12
142
•54
10
55
215

Range
from
Jan. 1.

Ask. Low. Hig h No. Low High

Q-M
Q -J t
Q -J t
Q- F
Q -F
Q -F
Q -F
J - J

STATE SECURITIES.
Alabama—Class A 4 to 5.1906 J - J
Small....... V....................... .
Class B 5s..............
1906
Class C 4s........... ...........1906
Currency funding 4 s...1920
Dist o f Columbia—3-65s.l924
Louisiana—New con 4s.. 1914
Small......................................
Missouri—Funding. ..1894-95
North Car—Consol 4 s ... 1910
S m a ll.......................
Qg
...........................1919
So Car’ólY ii^ 4 j¿s'2 b -4 0 .1933
Tenn—New settlem’t 3s. 1913
Small...............
Virginia fund debt 2-3S.1991
R egistered.............................
6s deferred b o n d s ............
Trust receipts sta m p ed ....
* Bonds due May.

Bid.

Week’s
Range or
Last Saie.

7 consecutive pages ).— RRs., BANKS, MISCfiL.

Bid. Ask.

108
110
2
95

W e e k E n d in g A p k . 2 2 .
PI Valley Coal 1st g 6s. .1920 M -N
P rocter & Gamb 1st g 6s. . ’40 J - J
St L T er Cupples Station &
Prop Co 1st g 4%s 5-20 yr’ 17 J - D
8 Yuba W at Co con g 6s. . ’ 23 J - J
Sp Val W at W orks 1st 6 s .’06 M - S
Stan Rope & T l s t g 6 s ..1946 F - A
Incom e g 5s...................1946
Sun Ck Coal 1st g s f 6s.. 1912 J - D
T C l & R T Div I s tg 6 s .l9 1 7 A-OII
Birm Div 1st c o n 6 s .. .1917 J - J
Cah C M Co 1st gu g 6s..’ 22 J - D
De Bar C & .IC ogu g 6 s.’ 10 F - A
U S Leath Co s f deb g 6 s .’ 18 M -N
Vt Marble 1st s f 5s....... 1910 J - D
W est Union deb 7s. .1875-00 M -N
Registered.......... 1875-1900 M -N
Debenture 7 s.... 1884-Í900 M -N
Registered.......1884-1900 M -N
Col trust cur 5 s . . . . . . . 1938 J - J
Mut Un Tel s f ’d 6s. ..1911 M -N
Northwestern Tel 7 s . . . . ’ 04 J - J
W estn Gas Co col tr g 5s...’ 33 M -N
Wh L E & P C Co 1st g 5s.’19 J - J
Whitebrst F gen s f 6 s .. 1908 J - D

t Bonds due July.

at foot of

M is c e l InneoiiM .
Eppens Smith & W iem ...
Eastman Kodak Co.......... ” 9 5 “
Eile & W estern Trans....
12
Fidelity; & Casualty.. . . . . .
Fidelity & Deposit (Balt). 340
Galveston W barf—1st 5s.
Genesee F r u it ..,............ .
German A m er Real E s t ..
15
100
Glucose Sugar Refln-Com
86%
100
P referred ........................
91%
Goodyear Shoe Machm’y.
Gorham M fg Co—
-Com... .
102
P referred .................... . 110
Grqat Falls Ice .............. .. 115
1M isc e lla n e o u s, j
Hartford Carpet Co.........
Heoker-J ones-J. MilJ-Pref 39
A cker Merrall & C ond lt..
95 100
1 s t 6s 1 9 2 2 .. ... ...M&S 83
Am er A ir Power o f N Y .
15 ' 25
HeiTing-Hall-Marv—Com
Am erican A xe & T o o l___
13% 27%
P referred . . . . . . . . . . . . . . .
4
American Bank Note Co.
40
42% Hoboken Land & Im p’t . . 1Ö0
Am erican Brake C o.........
90
92
6s
105
Amur Grocery—1st p ref,.
10
International Elevating..
A m er Malting Co—C om ..
20% 21% International Navigation
P referred ........................
65% 67% International Pulp..........
A m er Pneumatic T oo) Co
Iron Steamboat.................
2%
A m er Press Association.. 100 110
6s 1901.................... J&J
53
Am erican Screw............... 1 44 ' 154
John B Stetson—C om ....
45
A m er Smokeless Powder.
P referred.................... .. 100
A m Soda Fountain—Com
6
12
Journeay & B urn ham ....
16
4st preferred...................
53
60
P referred ......................
62
2d preferred...................
25
36
Knickerbocker I c e ............
90
1$7
Bonds 5 s . . . . . . . ..............
95
A m Typefounders—Stock
87
42
Lawyers’ S urety............... 100
A m er Sewing M achine...
Lawyers’ Title Ins............ 150
Am erican Strawboard... .
Litho Carbon R u b ber... .
Am erican W ringer..........
Lorillard (Pierre)—P r e f.. 110
Am erican Graphophone..
14J¿ 15% Madison Sq Gard—Stock.
P re fe r re d .......................
15
16
2d 6s 1919............MAN
25
Anderson (John) Tobac..
5
15
Mechanical Rubber—Com
A utom atic Vending.........
25
P referred .......... ............
15
Barney & Smith Car-Corn
13
16
Mergenthaler Llnot —See Bosto
. P re ferred ........................
64
69
Meriden Britannia C o ....
55
6s 1942.................... J&J
96 100
Michigan-Pen Car—Com.
6
Bergn & Engel Brew-Corn
80
Preferred —See N Y Stoc k E xc
100
1st 5s 1942........... M&S • 86
1st 6s............................... 105 110
Minneapolis Brew 1st 7s. 100
Blackwell’s Durham Tob. 1 12
16
Mosler S a fe C o ............
Bliss Company—Com.......
85 100
Monongahela W ater.......
34%
P referred ........................ 100 112
Nat Biscuit.........................
22
Bond & Mortgage G u ar.. 185 200
P referred ........ ...........
78%
B ost & Montana 7s 1907.
National Casket C o..........
60
•Carter-Crume—Pref.........
50
National Saw—Preferred.
Celluloid Co........................
70
Y7
National Surety...............
Central America Transit.
%
Nat W all Paper—Deb Stk
Central Fireworks—Com.
2
N Y Loan & Im p..........
P referred ........................
N Y B iscuit.—
Chateaugay Ore& Ir 6s '15
40
6s 1911...................M&S 106
Ches & Ö Grain El—In e ..
10
17% New Jersey Zinc & I r o n .. 100
N Y A ir Brake—See N Y S tock E
Chesebrough Mfg C o....... 355 375
Nieholson File C o............
Claflin (H B )—1st p ref...
90
94
Nicaragua C onstruction..
2d preferred...................
1)0
Peck, Stow & W ilcox .......
Common —See N Y Stock
h.
Pegamoid (£1 shares)___
Clark Mile End Thread...
80
Pennsylvania Coal—See N Y St’k
Collins C o...........................
Pennsylvania Salt M fg ... 101%
Comstock Tun—1st in c...
Penn. Steel 5s 1917.M&N
Consolidated Car Heating
31
35
Penn. Water—Common...
10
Consol Fireworks—C om ..
10
Phi) & W il Steam boat___ 132
P referred .......................
27%
Pneumatic Gun Carriage. •50
Con Kan C Smelt & Refin
93
98
Pratt & W hitney—C om ..
6
Preferred ........................j 45
Cramps' Ship & Bug Bldg.
75
80
Procter & G am ble........... 210
Diamond Match Co.......... 188
139
Preferred ............... ........ 163
D ix on Craeible.................
R. I. Perkins Horse Shoe.
6
R nsley Land......................
20e.
P referred .......................
42




100%

100 104
80% 84

101 A pr.’ 98
95% Jan.’ 97

L N A & C h lstO s C & lD iv
Memp & Char oons bonds
Newb Dutch&Conn inc b ’s
N Y El deb 5s gu Man By.
No Pacific Mo Div 1st 6s.
Pittsb & Connellsv 1st 7s
Do con 6s gu by B & O
Bt P Rast & Gr T r 1st 6s.
gu by Milw L S & West.
T end C I& R y con 6s 1901
D o So Pittsb 1st 1902;.
Vicksb & Meridian 1st 6s

114%
100%

109% 109%
95

Price
Friday,
April 22.

BONDS.
N. Y. STOCK EXCHANGE

00% 91

104' Jan.’ 98
81 Feb.’ 98

G

•Rail ro ad s.

Range
from
Jan. 1.

Ask. Low. High. So. Low High

B

G

Week's
Range or
Last Sale.

801

Page 5.

118

Merch Exch. 116

New Amst.*.. 245
New Y ork.... 235
NewYork Co.
N Y Nat Ex..
19th W ard*..
140
175
Peoples’* .... 200

R e p u b lic. . . . 150
Seaboard. . . . 175
450
Seventh........ 108
Shoe & L e’th

Tradesmen’s
23d W ard*...

130
95

Hudson Riv* 145
Imp & Trad.
510
147%
Leather M fr. 170
180
750
Manhattan*.
235
182

Ask.

W all about*

95
116

120

114
105
125

Uuion Sq*.... 175

'285
150

W est Side*..
B R ’ KLYN.
215
Broadway*.. 190
Brooklyn* ... 140
8th W ard*...
5th A v e * ... . 104
890
180

JJ U S m an eu wilii aii asieribh v )
Ì4L V
§ Purchaser also pays accrued interest.

200
150
95
107
400
200

Aék.
50

10
40
*85’
40
30 < 1
32%
ü f 59
i 6 .i: 8
87,1 91
84 ’
78
*7 '
25
70 ! Ö0
100
154 168
2 1 0 ' 225
110
20
84

25
! 87

B a n k s , . Bid.

110% Ger A m er*..
160
Hamilton’* ...
146
Kings C o*....
Manufact’rs.
Mechanics*..
Mech & Tra*.
N assau....... .
155
Nat City......
North Side*..
243
P eople’s * ....
Scherm’rh’n*
” 8 0 " 17th Ward*.
S prague.......
26th W ard*.

300

45
99
280

. T r u s t C os.
N. Y. CITY.
Atlantic T r ..
Central T r’st.
Colonial........
C ontinental.
Consolidat’d.
Farm Ln &Tr
Fifth A ve Tr
Guaranty Tr
Knick’rb’ck’r
M anhattan..
Mercantile ..
Metropolitan
N Y L l& T r
N Y Sec & Tr
Produce Ex.
Real E stT r’t
Union Trust.
U S Mtg & Tr.
Lnit. States..
Washington.
B R ’ KLYN.
Brooklyn Tr.
Franklin......
H am ilton....
K lugs Co......
L Isl L & Tr.
Mauufact’rs.
N assau.........
P eople’s .......

90
105
100
250
220
245
260
335
175
190
140
103
135
100

100

ÍÓ
Y*
255
275
340
185
195
150
110
215
145
100
105

127%
136Q
190
180
860
435
220
150
410
300
1220
360
200
1020
115 0
220
400
325
230
280
220
283
157
250

200
¿Od'
285*

419
235
2S8
825*
240
159
860

tP rice per shar

802

TH E

C H R O N IC L E .

IV o l . L X V I .

Boston, Philadelphia and Baltimore Stock Exchanges—A Daily and Yearly Record.
E P Share P rices—Not Per C en tu m P rices.
Saturday,
Apr. 16

Monday,
Apr. 18.

*70
82«

*22 «

882
66
818
160
90«
108
87«
10 «
81«

21

«

*77«
22«
60«
*188
♦28
56«
79«
8«
19«
*10
♦ 19 «
61«
15
80«

71«
28«

71
22

«
«

*69«
22
22

«
$

228
222 222
66
♦55
57
218 *217 . . . .
160 *.........161
91«
91« 92«
108 108
108
114 114
87« 88«
86«
87«
*10«
10 «
1 0 « 10
8 1 « 3 1 « *31
31«
44« 44«
99
99«
99
80
*25
*25
*75
85
'.88’
*47« 5 2 «
21
*21 « 2 1
21
*4«
4«
77« 77«
77«
22«
23« 23«
22
60« 61«
60
61«
188 188
30
*28
56« 56«
56«
5 ««
79«
79« 79«
79«
8«
8 1-16
7 5-16
19«
19 1-16
10«
10
10
20
*19« 1 9 «
52
52
52
15
15« 15«
14«
81
80
81

«

«

«

«

«

250 250
250 250
1 1 5 « 1 1 6 « 1 1 6 « 118
*107 108
108« 108«
1 7 3 « 174
173« 174«
23« 24«
24« 24«
520 520
520 520
59
5 9 « * . . . . . . 59
•17« 1 8 « *1 7 « 1 8 «
20
20
22
22
*63
65
*63
65
50
*45
*45
50
»20
21
*20« 21
39
39
39
39«

*58

«

«
«

«

59

W

«

}
INACTIVE STOCKS
R A ILR O A D S .Balt & O hio. . . . “
Bos &Maine pf. (Bost) :
Boston & P rov. “
Catawlssa. . . . . . (Phil)
1st pref.......... “
P r e f .........
Central Ohio. .(B alt)

B id.

s Aprii

A sk.
22.

99
1 15
16
1 154
274 276
.........
1 ......... 54
1
8
9
I 54
56
i 20
22
1
8
12
......... 25
.........
148 15Ò
250 253
9
12
81
34
.........
......
.........

C ity*Subu rb..(B air,) t
Conn & P assum (B ost)l(
Conn R iv e r .... “
1(
F lint & Pere M. “
1(
P ref................... “ 1(
O’rmant’n Pass (Phil) £
H estonv M & T “
£
P r e f....... .......... “
£
H unt & Broad T “
£
.........
* P r e f....... .
“
£
♦ K C F t 8 & M ..( B o s t ) l (
5
15
P r e f.................. « It
35
50
L ittle Sehuylk.(Phil) £
52
Maine Central.(Bost) 1(
126 128
Metropol StT... (Phil) 1C
1 3 5 « 136
M in e h ill& S H . “
£
56
Nesquehon’g V . u
£
55
New E ngland..(B ost) 1C
80
40
P r e f ....... .
«
1C
85
88
North P en n .. . . (Phil) £
90
N o A W Branch “
£
80
P e n n & N W ... “
£ ......
P hil & Erie....... “
£
16
20
Phil Germ & N . “
£
136
United N J . . . . . «
1C
250
United T r o f P . “
£
......
P r e f. . . . . . . . . . “
£
40«
W est End pref.(B ost) £
101 1 0 2 «
W est Jer & S S.(Phil) £
51
W est N Y & P a. “
£
2«
2«
W isoon Central(Bost)lC
2
1«
P r e f.................. “ 10
2
8
W o r Nash & R . “
10
115 120
MISCELLANEOUS.
Allouez Mining (Bost) 2
2
1«
A m Ry El L t .! .( P h i l ) ..
8
3«
A naconda Min. (B ost) 2
35
A nniston Land. “
10
A rnold Mining. “
2
10« 10«
Ash Bed Min’g. “
2
2«
2«
A tlantic Min’g. “
2
2 5 « 27
Baltic M ining.. “
1 1 « 12
22
Balt W areho'se(B alt) 20
20
Bay State GasT. (Boat) 50
1«
1«
Berg& EngBr’wCPhiil) 100
98
P r e f.................. “ 100
Boston Elec Lt. (B ost) 100 114 115
4
Boston L a n d ... “
10
4«
2
3
B oylston St L ’d “
15
87
37«
Cambria I r o n .. (Phil) 50
72
Canton Co.........(Balt) 100
68
Centen Mining. (B ost) 25
1 1 « 12
20
Central Trans.. (Phil) 88
90
92
Dom ln Coal p f.(B ost)1 0 0
100 160 165
Edison El 111...
2
25
1
Ft W ayne E lec!
10
25
Franklin Min’g.
10«
’50
5 •95
French Bay Ld.
100
General E le c t..
8 0 « 31 1
100
P r e f ...............
80 1 90 .




Thursday,
Apr. 21.

*69
71
*68
22« 22«
2?«
22« 2 2 « 2 2 «
219 222
219
55
55
53
♦216
*216
161 161
160
89
91
88«
*107 1 0 8 « 107
112
*112«
87«
85« 86«
83«
10
10«
1 0 « *10
3 0 « 8 0 « *30«
31«
44
44
44
99
99
98
80
*25
28
*25
*75
85
*49« 5 2 «
21
20
20«
21«
4«
4«
4«
7 7 « *77«
77«
22«
21«
2 1 « 22
60
58«
60«
*188
*188
30
28
27
56
56«
56«
55«
79
79«
79«
78
8
8
8 7« 7
1 8 « 1 9 « *18
19«
10
*9«
19
19«
18«
50« 51«
48«
15
1 4 « 15
14«
80
80«
79
71
22
22«

39
39«
6
6«
•123 126
125 125
2 5 « 26
2 5 « 26
6«
6«
7
6«
6«
7
105 105
105 105
104« 104«
14
* 1 3 « 14
43«
*1
*1
1«
1«
* 20 «
21
20
20
• 6 1 « 63
* 5 1 « 58
* Bid and asked prices; no sale was

«

'day,
. 20.

Tuesday,
Apr. 19.4

«

71
*69
71
22«
22
22
2 2 « * 2 1 « 22
220 *219 220
54
53« 53«
*217 219
161 *160 161
90«
8 8 « 90
108
106 106
*112 114
84
85«
85
10«
10
10
31«
81
81
44
*44
44«
9 8 « *98
98«
*25
28
27
*75
85
*47
50
20« 20«
20«
*4«
4«
4«
77« 77«
77«
21«
21« 22«
59«
5 8 « 59
188 188
27
26
26
56«
55«
78«
78
79
15-16 7 13-16 8
18« 18«
io
18« 19«
18«
50«
49« 50«
14«
14« 14«
80«
79
79«

250
247 248
116« 1 13« 115«
107 1 0 7 « 106 1 0 6 «
171 172
1 70 «1 7 1 «
23« 24«
23« 23«
*517 523 *517 525
5 7 « 58
5 7 « 58
19
*16
*16
19
19
22
22
62
6 2 « *61
64
*45
50
45
45
*2 0 « 21
20
20«
39« 39«
6
6
6
5«
*125
125 125
25
25«
2 4 « 25
7
7
7
7
104 104
1 0 2 « 104
♦ 1 3 « 14
* 1 3 « 14
43
43
42
42«
*1
*1
1«
1«
20
21
*20« 2 1 «
♦51
52
* 5 1 « 53
made.
+ Trust reeei

«

STOCKS-BONDS

MI SCE r,L.—
Concluded
In t B u t H & S M “
1(

247 248
1 13 «1 1 5 «
106 106
1 7 0 « 172
23^ 2 4 «
520 520
5 7 « 58
*16
18
19
19
21
21
*60
61
*45
47
20« 20«
*39
40
6
5«
125 125
24« 24«
6«
6«
1 0 2 « 105
12« 12«
42
42
*1
1«
*20
21
50
51«
pts ; all Inst
B id .
.........
138

P re f.
Parrott Sil&Cop “
Pennsyl S a lt... (Phil)
Pennsyl S teel!. “
P r e f ! ................ “
Phil’delphia Co (Bost)
Pullman’s P a l.. “
Quincy Mining. “
Reece Buttonh. “
Santa Ysabel G “
Tamarack Min. “
United El S ec.. “
P r e f .................. “
W ater P ow er.. “
W elsbach C om !(P hil):
P ref ! ..............
“
W estm ’rel Coal(Phil)
W olverine Min. (Bost)
W ollaston L ’d.

.....

,,
39
22
Ttt
.........

Bid.
BONDS
1 B o s t o u —Concluded.
3 « Ogd & L C con 6s.’20 A&O * 94

139
39«
24

31
32
167 169
105 106
1 1 « 12
5
5«
141 145
«
65
49
19«
1«

B o n d s—B o ston .
A m Beil Tel 7s. 1898 F&A *100
a 84«
1 56«
B & M 3d is 7s.’ 02-07 M&N
Boston Term ’l 3 « s .. 1947 a io8
Bos Un Gas 1st 5 s.’ 39 J&J l 88
2d M 5s.......... 1939 J&J
Bur& Mo Riv e x ’pt 6s. J&J *116
Non-exempt 6 s.’ 18 J&J ¡106
Plain 4s.......... 1910 J&J * 95
Ch Bur& N 1st 5s.’26 A&O *105
2d M 6s.........1918 J&D *100
Ch Bur &Q 4 s .l9 2 2 F&A } 95
Iow a D iv 4s. 1919 A&O 8.........
Chicago Junc 5s. 1915 J&J *110
C h& N o M gu a s.'31 M&N 8 40
Chi & W M gen 5s.’ 21 J&D 8 62
Con. o f Verm ’t 5s.’ 18 J&J * 55
Curr’t R iv 1st 5s.’ 27 A&O 8 65
D G R & W 1st 4s.'46 A&O 8 70
Domin Coal lst6 s.’ 18M&S 8101
East’n 1st M 6s g.’ 06 M&S ¿117
Fr Elk&M V 1st 6s ’ 83 end *135
Unst’p’d 1st 6s.’33 A&O ? 135
Illin Steel conv 5s.’ 10 J&J 3 84
Debenture 5 s.l9 1 3 A & 0 3 82
K C C & S 1 st5 sg .’ 25 A&O 3 70
K C Ft S&G 1st 7s.’ 08 J&D à.........
K C F S&Mcon 6s.’ 28M&N 8 97
K C M & B 1st 4s..’84 M&S 3 77
Incom e 5s.............
§ 28
K C & M R y& B 5s.’ 29 A&O 3.........
K C S tJ o & C B 7s.’ 07 J&.T 8110
Lams’n St’re S 6s.’09 M&8
L Rock&F S 1st 7s.’ 05 J4 J 3 97
L E&St L 1st 6s g.’26 A & u *100
2d M 5-6 g....l9 3 6 A&O * 82
M a rH & O n t6 s...’ 25 A&O 8108
M ex Central 5s. 1917 A&O ? 60
4s g ................. 1911 J&J 3 60
1st con ino 8s g non-cum
11«
2d con inc 8s non-cum..
4
New Eng Tele 6s.’99 A&O 3100
6 s ...............,1 9 0 7 A&O 3.........
N Y&N Eng 1st 7s.’ 05 J&J 3115
1st m ort 6s.....1905 J&J 3100

I 63

_ ,
R u t Ir o a d S to c k « .
Baltimore City Passenger... (Balt.) ., .. 25
66 Jan. 4 7 5 « Feb. 11
Baltimore Consolidated.......
“
.. 25
1,488 22 Mar. 12 2 4 « Feb. 14
Baltimore C o n so lid a te d !.... (P h ila .).. .. 25
292 2 1 « Mar. 12 2 4 « Feb. 23
Boston & A lb a n y . ............ . (B o sto n ).. ..10 0
96 2 1 7 « Mar. 29 2 2 5 « Feb. 17
Boston Elevated.....................
“
..10 0
479 5 2 « Mar. 26 6 3 « Jan. 10
Boston & L ow ell...............
“
.. ..10 0
6 215 Apr. 2 225 Jan. 23
Boston & Maine........ . ............
“
.. ..10 0
112 160 Mar. 12 1 7 1 « Jan. 7
Chic. Burl. & Quincy............
“
..10 0 16,899 8 5 « Mar. 26 1 0 8 « Feb. 11
Chic. .June. & Un. Stock Yds.
“
..1 0 0
56 102 Mar. 14 1 2 1 « Feb. 7
P re fe rre d ..............................
“
..10 0
2 105 Mar. 12 118 Feb. 5
Ohio. Milwaukee & St. Paul. (Phila.) .. ..10 0
8,320 8 8 « Apr. 2 1 9 7 « Jan. 13
Choctaw Oklahoma & G u lf..
“
.. .. 50
480
9 Feb. 25 1 1 « Jan. 31
P re fe r re d ........... .
“
.. 50
510 2 7 « Jan. 4 33 Feb. 11
Consol. Traction o f N. J . ! . ..
“
..10 0
850 87 Jan. 8 4 8 « Feb. 3
Fitchburg, p re f...................... (B o sto n ).. ..10 0
119 98 Mar. 28 100 Jan. 0
Ga. Southern & Florida. (Balt.)
.. ..10 0
1st preferred..................
“
.. ..10 0
2d preferred...................
“
. . . ..100
Lehigh V alley..........................(Phila.)
50
1,655 20 Mar. 12 2 6 « Jan. 3
Mexican Central....................(B oston ). . . . 100
620
4 « Apr. 6
6 « Jan. 13
Northern Central.................... (Balt.) . . . . 50
87 7 6 « Jan. 14 8 1 « Feb. ’
Northern P a cific.....................(Phila.) ....1 0 0
3,640 19 Feb. 24 2 8 « Jan. 31
“
P referred.........................
...1 0 0
8,355 5 7 « Mar. 26 6 8 « Jan. 31
Old Colony......................... ...(B o s to n ). ...1 0 0
100 1 8 5 « Mar. 16 193 Jan. 31
Oregon Short L in e ....................
“ ...1 0 0
25 18 Jan. 4 8 3 « Feb. 17
Pennsylvania.................. (Phila.).
. . . 50
6,671 5 5 « Mar. 12 6 0 « Feb. 7
Philadelphia T raction..........
“
. . . . 50
1.781 77 Mar. 25 8 5 « Feb. 18
Reading Company............
“
, . . . 50
3.782 7 18-16 Mar25 1 1 « Jan. 6
1st preferred...........................
“ . . . . 50
700 1 8 « Mar. 26 27 1-16 Feb. 3
2d preferred.......................
“ . . . 50
60
9 « Mar. 25 14 9-16 Feb. 5
Union Pacific..................(B oston).
...1 0 0
697 1 6 « Mar. 25 2 0 « Apr. 15
P r e fe r r e d .............. ................
“
...1 0 0
4,749 47 Mar. 25 54 Apr. 11
Union T raction..................... (P h ila .),...
50
4,713 1 2 « Jan. 3 1 7 « Feb. 14
W est End Street..........(B oston ). i ii
50
1,820 78 Mar. 25 85 Jan, 3
M i s c e l la n e o u s S t o c k s .
American Bell T elep h on e... (B oston ). . . . 100
872 238 Mar. 12 2 7 2 « Jan. 14
American Sugar RefiningT..
“
....1 0 0 22,276 1 0 7 « Mar. 26 1 4 4 « Jan. 7
P r e fe r r e d !...............................
“ ....1 0 0
123 103 Mar. 25 1 1 6 « Jan. 6
Boston & M o n ta n a ...........
“
. . . . 25
4,587 1 4 9 « Jan. 4 191 Mar. 2
Butte & B oston*........................
“ . . . . 25
8,471 1 8 « Mar. 12 2 8 « Feb. 3
Calumet & H e c la ......................
“ . . . . 25
18 489 Jan. 8 540 Mar. 2
Consolidated Gas.................... (Balt.) ....1 0 0
868 5 2 « Jan. 10 60 Mar. 30
Dominion C o a l.............................. (B o s t o n ).... 100
14 Mar. 12 24 Jan. 3
Electric Storage Battery T .. (Phila.) . . . . 100
157 1 8 « Mar. 25 2 9 « Jan. 10
P r e f e r r e d ! . “
,.;.1 0 0
250 21 Mar. 8 82 Jan. 10
(B o sto n ). . . . 100
Erie Telephone........
102 5 9 « Mar. 25 7 2 « Jan. 5
Illinois Steel............... j ...........
“
. . . . 10 0
2 0 0 4 4 « Mar. 12 5 5 « Jan. 29
Lamson Store S ervice..........
“
. . . . 50
61 20 Mar. 12 2 2 « Feb. 8
Lehigh Coal & Navigation... (P h ila .). . . . 50
71 39 Mar. 4 4 3 « Jan. 7
Marsden Company ! ..................
“ ....1 0 0
1,381
5 « Apr. 21 1 1 « Jan. 11
New England Telephone.......(B oston). .100
80 120 Mar. 12 184 Feb. 7
Old Dominion Copper ! ............
“ . . . . 25
2,373 2 1 « Jan. 5 8 2 « Mar. 3
Pa. H eat Light & P o w e r !« . (P h ila .). . . . 50
3,364
6 Apr. 14
7 Apr. 4
United Gas Im provem en t!..
“
. . . . 50
2,748 9 7 « Feb. 24 1 1 4 « Feb. 18
United States Oil................... (B oston ). . . . 25
10 1 0 « Feb. 4 15 Mar. 1
W elsbach L i g h t ! . . . . . . ...........(P h ila .). . . .
5
306 8 8 « Feb. 8 44$£ Mar. 31
W est End L and...................... (B oston ). . . . 25
1 Jan. 18
1$£ Jan. 8
Westingh. Electric & M fg ...
“
. . . . 50
110 2 0 « Apr. 18 2 5 « Jan. 8
P referred.............................................. . . . . 50
60 50 Apr. 22 55 Jan. 11
alments paid.
t Trust receipts.
5 April 19 Holiday in Boato*1

A sk .

12

i
13
19«

85«
57
111
90
07«
118
107
98
105«
101
98
100
112
55
65
57
70
77
102
118
85
83
80
118
99 x
79
30
100
118
103
103
87
110
61
61
14
5
117
111

Sales
o f the Bange o f Sales in 1398.
Week.
Shares
Lowest.
Highest.

ACTIVE STOCKS.
ITIndicates unlisted.

Friday,
Apr. 22.

A sk .
98

Rutland 1st 6 s ..’ 02 M&N 8104 105
2d 5s............. 1898 F&A 3 99 100
Ì1Ò3
4 « s ............... 1914 M&S 3.........
Gold 4 s.........1916 M&N 3.........
4 s ...................1917 F&A 3.........

Bid. Ask .
BONDS
B a l t i m o r e —Conclu’d.
W estN C con 6s. 1914 J&J 112 115
W estVaC& Plst6g. ’ 11 J&J 108 109
WtlCol&Aug 68.1910 J&D 115
W il & W eld 5s.. 1935 J&J 110

Bon da— P h ila d e lp h ia
A tl City 1st 5 sg ..’ 19 M&N
Buffalo R y con 1st 5s. .’ 81
Catawlssa M 7s.1900 F&A
Ches&D Canlst5s.’ l 6 J&J
A tl & Ch 1st 7s. 1907 J&J 117 120
Choc Okla & G prior lien 6s
A tlG -L ightlst5sl 917 J&D
Gênerai 5 s .... 1919 J&J
Balt Belt 1st 5s. 1990M&N
84
90
Cit’s’St R y(Ind)con 5s.’33
BaltCPaslst 5s. 1911M&N 112 115
Colum St R y 1st con 5s.’ 82
Balt Fundg 5s. 1916 M&N 118 120
Colum O Crosst 1st 5s..’ 33
Exchange 3 « s . 1930J&J 1 0 2 « 108
C o n T ra co f N J 1st 5s.. ’88 100
100
Del & B Bk 1st 7s.’ 05 F&A
Pitts&Con 5 g. 1925F&A
East&A 1st M 5s.’ 20 M&N 1 0 5 «
Stat Isl 2d 5 g. 1926 J&J
Edison Elec 5s stk tr ctfs.
Receivers certif 6s. J&D 102
Elec& P eop’8 T r stk tr ctfs
79
Do Maryland Constr 5s.
Elm&Wilm 1st 6s.’ 10 J&J 120
Do Pittsb & Con 5s. J&J
Incom e 5s....28 6 2 A&O 105
Do Main Line 5s...........
Eq 111 Gas-L 1st g 5s.l928 1 0 2 «
B & O S W ls tl« g. 1990J&J
90
H estonv M & F con 5s.’ 24
Balt&Plst8sin 11911A&0 118
H& B Top con 5s.’ 25 A&O
1st 6s tunnel 1911..J&J 120
Internat Nav 6s....... 1906 102
Bal Trac 1st 5S.1929M&N 113
K C Sub B 1st 6s..’ 20 J&D
E xt & Imp 6s.l901M&S 101
K C P & G 1st 5s..’ 28 A&O
70
No BaltDiv 5S.1942J&D 114 1 1 5 «, Lehigh Nav 4 « s . . ’ 14 Q-J l i a
too
R R 4s g ...........1914 Q-F 104
CapeF&Y sr A6g. 1916J&D
65
75
C onsol7s........1911 J&D
1st 6s ser B..1916 tr rec 44
50
Gen M 4 « s g . . 1924 Q-F
1st 6s ser C..1916 tr rec
44
50
Leh V C’l 1st 5s g.’83 J&J
Cent Ohio 4 « s g .’ SO M&S
Leh Val 1st 6 s .. 1898 J&D 102
Central Ry 6s.. .1912 J&J 110
2d 7s........................ 1910 M&S
125
Consol 5 s .. . . 1932 M&N 114
Consol 6s........1923 J&D 1 1 5 «
E xt & Imp 5s.l932M&S 113 11 3 «
A nnuity 6s..............J&D
CharlC& A ext5s. 1910J &J 106 107
Newark Pass con 5s. 1930 109
Chesap G a s6 s.. 1900 J&D 104 1 0 4 « NY Ph& N orlst6s.’28 J&J 1 0 0
City&Sub lst5 s.l9 2 2 J& D 112 1 1 3 « No Penn 1st 4s..’ 86 M&N
Col&Grnvlst5-6.1917J&J 1 1 4 « 1 1 0 «
Gen M 7s.........1903 J&J
Consol Gas 6s. .1910 J&D 116 117™ Penn gen 6s r ...l9 1 0 Var 1 2 7 «
5s.................... 1930 J&D 107 1 0 7 «
Consol 6s o . . . . 1905 Var
Ga & A lalstpf5sl945A & 0 100 101
Consol 5s r . ... l 9 1 9 Var
GaCar&N 1st5s g. 1929J&J
85
87«
Collât T r 4 « s g.’ 18 J&D
GeorgiaPlst5-6s 1922J&J 116 120 ™ P a & N Y Can 7s..’ 06 J&D 1 1 9 «
GaSo&Fla lst5 s.l9 4 5 J& J
9 9 « 100
Cons 5s........ 1939 A&O
Lake R El lstgu5s’42M&S 107 108
Cons 4s........ 1939 A&O
Mac&N 1st 4 « s . 1990M&S
Penn Steel lst5 s.’ 17 M&N
MetSt( Wash) 1st 5s’ 25FA 117 118
P eople’s Tr tr certs 4s.’48
New Orl Gas 1st 5s...V a r 100
Perkiom 1st ser5s.’ 18 Q-J
NorthCent 4 «s .l9 2 5 A & 0 108
Ph&Er gen M 5g.’ 20 A&O
6s 1900...................A&O 104
Gen M 4s g. .1920 A&O
0s gold 1900............ J&J 1 0 4 «
P h & Read 2d 5s.’ 83 A&O
6s 1904.................... J&J 110
Consol M 7s. .1911 J&D
Series A 5s 1 92 6 ....J&J 115
Con M 6s g ... 1911 J&D
Series B 5s 1 92 6 ....J&J 115
E xt Imp M 48g.’47 A&O
Ohio&Mlst7SD1905M&N 101
Con M o f ’82 4s.’87 J&J
Pitts&Con 1st 7s 1898J&J 101
10-yr s f 5s g.1902 F&A
P itt Un Tran 5a. 1997 ,T,U
99^
Terminal 5s g.1941 Q-F 117
PotomVal 1st 5s. 1941J&J
9Ö "
P W il & Balt 4s. 1917 A&O
SecA vT n(P itts)5s’34J&D 109
Collattrust 4s. 1921 J&J 106
Seab & Roan 5s. 1926 J&J
9 7 « 101
Pitts C&St L 78.1900 F&A
Virg Mid 1st 0S.19O6 M&S 110
Read Co gen 4s, 1997 J&J
2d series 6s. .1911 M&S 114
Rochester R y co n 5 s .l9 8 0
3d series 6 s.. 1916 M&S 112 115
SchRESidelstSs g ’35J&D
4th ser 3-4-5S.1921M&S
95
Union Term ’l lst5 s.F & A
5th series 58.1926 M&S 1 0 3 « 1 0 4 « United N J 4 s .. 1944 M&8|
75
UnTracPitts gen5s’97 J&J
Fund debt2-3s. 1991 J&J
65
66
§And accrued interest.
Va& Tenn 2d 5s. 1900 J&J
♦Price includes overdue coupo
8s...... . . ____...1 9 0 0 J&J
110
! Unlisted.

108«

90

80
loi

122«
79«

121

102«
105
102«

73
,t,

«

129
103
93«
108«

«

116Î,
119).
110
101
118
180*

100

100

102

«

107«

103

THE CHRONICLE.

A pril 23, i **,$*'.

Latest Gross Earnings.

Iw w estm cw t
' AND

R
■, >

EARNINGS.

The following table shows the gross earnings o f every
St e a m railroad from which regular weekly or monthly returns
can be obtained. The first tw o columns of figures give the
gross earnings for the latest week or month, and the last two
columns the earnings for the period from January 1 to and
Including such latest week or month.
The returns o f the street railways are brought together sep
a -w tiy on a subsequent page.
H oads.

Latest Gross Earnings.
WeekorMo

1898

1897.

Jan. 1 to Latest Date.
1898.

Adirondack...... February.
23,624
45,106
20,571
Ala. Ot. South.. 2d wk Apr.
499 805
27,274
27,3 s 4
Ala. Midland.. February.
136,341
62,405
66,147
Ala. N. O. Tex. & Pao. June.
45.000
N. Orl. & N. E. 4thwkMch
367,765
47.000
Ala. < VickHb. 4th wkMch
fc
22.000
194,122
21.000
Ticks Sb.& P. 4th wk Mch
26,000
187,783
23,000
Allegheny Y al.. February. 185,499 169,322
398,259
Ann Arbor____ 2d wk Apr.
448,732
26.696
27,174
Ark. M idland... February. ' 13,593
23,923
7,353
Atoh.T. «feS.Fe.e February. 3,056,390 2,447,742 5,916.838
Atlanta & Cbar January... 134,406 144,639
134,406
Atl. Knox.& No. March.......
28.944
77,991
2 1 ,9 7
Atlanta A W. P. February.
50,224
105,763
48,068
Atlan. & Danv.. 2d wk Apr.
14,472
16,090
167,84
17.533
Austin&N’ west February. J 1 .9 1 7
23,996
Balt. < O h io.... March....... 2,308.248 2,121,911 6,291,040
fc
Bal. &O. Sou’ w. 2d w kApr. 136,388 106,42» 1,901,660
1,621
Bath & Ham’nds February..
3,453
1,467
6,722
Bir. & Atlantic. March.......
2,419
2,068
Bl-unsw’k&W est February
47,595
97,702
37,828
73,841
60,402
Buff. Roch.&Pitt 2d wk Apr.
971,576
Buffalo A Susq. March.......
45,730
48,859
122,531
Bur.O. Rap. A N lstw k Apr.
68,744
58,273 1,037,636
389.000 6,115,969
451,00
Oanadi an Paoifio 2d wk Apr
6,919
Car. Midland..^. February.
5,596
10,010
Cent.of Georgia 2d wk Apr.
73,180
75,711 1,609,217
Central of N. J.. February. 885,290 848,939 1,940,990
Central Pacific February.. 1,062,118 804,251 2,113.936
80,932
Charlest’n &Sa v. February .
149,726
69,913
Chattan’ga So.. 2dwk Apr.
1,081
19,298
Ches. & Ohio_ 2d wk Apr. 215,381 iò h 'M i 3,211,865
_
Chic. Bur. A Q .d February . 3,139,716 2,769.462 6,184,173
67,454
Chic. & East.111. 2d wk Apr.
74,825 1,178,112
Ohio. Gt. West’n 2d wkApr.
88,695
79.533 1,451,810
63.012
Chic. Ind. A L 2d wk Apr.
57,119
825,597
Chio.Mil.ASt.P. 2d wk Apr. 566,089 462,042 8,845,855;
Chie.&N’thw’n. March....... 3,051,836 2,373,266 8,200,265
Chic.Peo ASt.L. March____
71,071
78,879
227,938
Chic.R’ k I.A P., March....... 1,462,529 1,237,494 4,057,807
Chio.St.P.M.AO February. 591,272 523,636 1,158,751
Chic.Ter.Tr.RR, 2d wk Apr.
22,599
19,737
318,094
Chic. AW. Mich 2d wk Apr.
34,183
29,232
477,553
Choo.Ok.&Gulf 2d wkApr. *17,355 *10,619 *390,6 55
Cin.G.APorts’ th March.......
3,980
4,338
12,26
Cin.N.O. A T .P M arcti..... 339,091 290,703
993,090
22,716
Cin.Ports.AVir March.......
19,412
61,408
10,174
Clev.Can. A So. lstw k Apr.
11,094
164,633
Cl.Cin.Oh.<& St.L 2d wk Apr. 265,426 246,688 3,865,444
Peo. A East’n 2d wk Apr.
27,715
32,089
511.471
34,363
Cl.Lor. AWheel. 2d wk Apr.
26,063
414,006
Col. Midland.... March....... 137,159 137,098
400,599
C ol.H .V ATol. March___
231,587 188,920
607,132
CoL Sand’y A H, lstw k Apr.
13, ¡24
15,410
197,181
Colusa A Lake.. March.......
1,250
1,150
4.650
Crystal............. . February.
1,161
516
2,30
Cnmn’l’d Valley February .
61.519
50.675
122,249
Denv. A Rio Gr 2d wkApr. 139,600 134.000 2,108,542
4,433
DesM. A K anC tthwk Mch
4,5 6
41,212
Des M. N. A W. March.......
39,849
120,497
34,555
Det.G.Rap. AW 2d wkApr.
27,461
24,485
374,030
7,154
Det. A Lima No 2d wk Apr.
127,5 1
35,766
Det.«fe Mackinac February
46,636
74,101
Duluth S.S.AAtl 2d wk Apr.
30,0*3
24.8 42
388,711
Elgin J ol.AEast. March....... 148,687 100,154
39 V 64
Erie.................... February. 2,247,191 2,175,542 4,610,893
3,782
Eureka Springs. February..
4.058
7,269
Evans. Ain d’ plis 2d wk Apr.
5,814
78.015
5,287
Evansv. & T. H. 2d wk Apr.
22,524
19,074
317,560
Fitchburg......... February. 520,726 482,906 1,074,228
Flint AP.M arq, 2d wk Apr.
56,953
829,791
57,787
Ft.W’thADen.0. February. 118.829
75,085
233,468
Ft. W. A Rio Gr. d wk Apr.
17,264
143,235
9,717
Gads. A Att. U. March.......
599
699
1,843
Georgia RR....... d wk Apr.
21.833
491,221
22,553
Georgia A A ia.. 2d wk Apr.
18,130
16,315
357,942
Ga. Car’la A No. February.
76.833
91,071
153,957
Geo. So. A Fla.. March.......
80,465
238,157
63.947
Gr. Rap. A ind.. 2d wk Apr.
40,799
559,965
37.9 <
6
Cin.R.&Ft.W. 2d wk Apr.
8,255
114,432
7,783
Traverse City. 2d wk Apr.
859
660
10,820
Mus. G. R. A I. 2d wk Apr.
2,414
36,710
2.058
Tot. all lines. 2d wk Apr.
52,327
721.927
48,4u7
Gr.Tr’ nk Syst’m 2d wk Apr. 469,655 405,979 6,580,405
Chic. A Gr. Tr. 1 thwk Mch 120,215
82,33.1
944,686
Det.Gr.H.AM. 4th wk Mch
24,379
216,624
27,691
Great North’ n—
St. F. M. A M. M arch..... 1,382,765 998,544 3,494,426
East of Minn. M a rch ..... 106,148
88,905
3 a1,313
Montana Cent March....... 159,165 165,858
493,0 8
Tot. system. March....... 1,648,078 1,253,307 4,288,797
13,323
10,897
G’lfB’ mut&K.C. M arch :....
34,518
Gulf A Chicago. M a rch .....
14,243
4,369
3,660
4,262
10,593
3,760
Hoos.Tun AWil. M arch.....
Hous.&Tex.Cen February. 279,880 279,413
597,985
Illinois Central t M a rc h ........ 12232665 t 1799818 i6,692,783
477,308
48,928
45,350
Ind. Dec. «fewest. December.
Ind. 111. «fe Iowa. February..
84.681
161,056
56,985
68,385
In.AGt.North’n 2d wk Apr.
64,48-H 1,034-492
72,200
54,310
lluteroc. (Mex.) WkApr. 2.
854.500
Iowa Central. .v 2d wk Apr.
27,499
25,921
484,127
Iron Railway. .^ March____
5.387
3,146
13,035
Jack. T. A K. W March.......
34,193
95.944
32,558




o ad s,

Week or Mo

1898.

1897.

Jan. 1 to Latest Date.
1898.
*

R a i lr o a d I w M I i p n c e .
RAILROAD

803

1897.
$

35.538
439,377
134,085
338,343
157,364
148,290
346,719
358,268
15,291
4,911,672
144,639
59,923
101,687
150,714
34,787
5,850,128
1,664,502
3,493
5,347
88,720
859,863
120,803
993,513
4,881,963
12,038
1.546,994
1,704,155
1,663,164
134,899
3,147,756
5,442,090
1,147,809
1,317,024
735,458
7,423,296
6,676,233
206,543
3.329,138
1,061,559
307,472
409,787
*264,135
12,231
815,500
52,283
153,903
3,667,1" 4
458,332
305,090
387,579
524,761
191,816
3,800
979
105.859
1,690,758
37,248
96,923
328,247
74.100
340,015
272,422
4,398,162
7,700
69,9 <9
275,284
1,001,302
78 ,3 tl
158,419
87,» 21
2,068
473,34 i
299,808
173,079
210,828
514 308
109,730
11,053
28,78 7
663.878
5,799,993
724,734
229,635
2,583,426
260,955
462,069
3,306.450
26,951
11,312
10,562
560,840
5,462.320
468,024
127,517
967,87 *
680,260
428.199
10,1 3
87.132

1897.

Kan aw’ a«fc Mich 2d wkApr,
10.015
8,110
139,277
125,242'
K.O.F Scott&M lstw k Apr,
80,162
64,610 1,300,995 1,183,617
K.O.Mem.«te Bir. l stwk Apr.
25,408
2 1 .1 2 2
440,170
332,836
Kan. G. N. W .... Bfaroh.......
34,118
30.222
103,098
91,723
Kan. Citv &Om, l stwk Apr,
3,871
2,194
71,941
73,579K. O. Pitts. & G. 2d wk Apr,
62,207
916,240
36,695
432.275
Kan.C.Sub.Belt, 2d wkApr.
9,096
7,035
129.488
97,807
Keokuk&West.c lstwk Apr.
9,513
9,321
152.963
138.616
L. Erie < West 2d wk Apr.
&
60,260
949.043
61,316
914,933
Lehigh & Hud.. March.......
26,500
25,06
87,959
80,109
Lehigh Val. RR February . 1,421,806 1.301,671 2,765,544 2,605,992
Leh. v. Coal Co. February . 1,192,572 1,214,255 2,614,107 2,487,242
Lex’gton&East February.
15.H i
13,321
J
-0,718
26,860
Long IslandRR. March....... 271.664 251,696
707,889
628,407
Long Is. System March....... 279,946 259,620
731,735
648,356
Los An g. Term.. March.......
5 ,8 4 7
7,374
20,334
17,741
Louis.Ev.&St.L 2d wk Apr.
27,886
25,754
419,734
873,845
Lou. H. < St. L,.. 2d wk Apr.
&
1 1 ,8 ¿2
7,737
137.718
121,086
Louis v.&N ashv, 2d WkApr. 392,695 360,730 6,168,383 5,598.636
Macon & Birm.. March.......
4,392
4,922
16,187
16,866
Manistique___ March.......
6,296
5,576
24,6ul
29,095
Memphis&Chas 2d wk Apr.
23.379
20,319
440.007
361,509
tMexican C en t. 2d wk Apr. 258,248 257,912 3,82 ,246 3,712,422
Mexican Intt-r’l. January... 270,801 266,315
270,801
266.315
fMex. National 2d wk Apr.
94,429 112,7 »6 1,703,080 1,663,606
Mex. Northern . February.
44,794
56,006
82,023
109,414
85.000
7 * ,000 1,053,900
f Mexican R’ wav Wk Apr. 2
944,500
Mexican So....... 3d wkMoh.
13,660
12.990
152,993
153,161
Minneap.& St.L. 2d wk Apr.
30,659
29,951
523,466
490.315
M.
St.P.&S.8t.M.
68,770
62,356
2d wk Apr
969,854
808.681
Mo. Kan. & Tex 2d wk Apr. 206,383 222,021 3,098,466 3.073,569Mo.Pae.«fe IronM 2d wk Apr. 442,000 359.0U1 7.059.114 6,090,795
Central Br’ch. 2d wk Apr.
24.000
16,000
364,354
285,646
Total........... 2d wkApr. 466,OOv 375,001 7,423,468 6,376,441
Mobile & Birm.. lstwk Apr.
5,964
5,620
113,859
86,927
Mobile & Ohio.. March....... 363,890 323,123 1,088,150
977,449
Mont.«feMex.G’f January... 127,839 103,338
127,839
103,338
Nash.Ch.&St.L, March. ... 460,314 415,204 1,358,530 1,249,237
NevadaCentral. February.
3.029
2,811
7,401
5,486
N. Y .C .& H .R ., March....... 3,860,683 3,692,022 10,795,422 10,133,425
N. Y. Ont. & W .. 2d wk Apr.
65.860
70.398
974,259
955,755
N. Y. Susq. <&W. February. 157,918 143,801
354.469
324.276
Norfolk & West. 2d wk Apr. 265,441 205,266 3,218.9 .0 2,929,527
Northes’n(Ga.). January...
6.556
5,430
6,556
5,430
North’n Central. February. 509,779 548,631 1.016.114 1,074,517
North’n Pacific. 2d wk Apr. 403,645 274,807 5,636,77 > 3,846,223
Ohio River........ March.......
52.0 0 73,410
187,188
197,971
OhioRiv.«feChas. March.......
24,991
60,361
18,328
50,640
Ohio Riv.&L.E, March.......
2,500
6,800
2,448
6,893
Ohio Southern.. March.......
61,562
55,044
185,374
156,099
Oiu.Kan. C.&E. 2d wkMch.
14.246
11,533
158,552
114,754
Oreg.RR.«feNav. 2d wk Apr. 123,671
77,484 1,815,140 1,023,582
Oreg. 8h. Line.. February. 429,477 354,867
876,847
752,776
Pao. Coast R y.. January... 373,"78 242.687
37a,678
242,687
Pacific M ail..... February
365,924 .63.181
688.975
719,888
Pennsylvania^. February . 4,829,534 4,486,234 9,918,705 9.241,905
PeoriaDeo.«feEv 2d wk Apr.
15,933
243,992
13,072
243,390
Petersburg___ February.
43,479
86,287
44.617
84,395
Phila. & Erie.. February. 253.518 280.572
506,646
535,429
Phila. < Read... February. 1,490,115 1.494 133 3,214,587 3,004,004
fc
Coal < Ir. Co. F ebiu ary. 1 444,423 1.510, 95 3.388,824 3,204,261
fe
Tot. both Co’s. February. 2,934,538 3,004,328 6,603.411 6,208,265
Phil. R. < N. E. February • 43.091
fe
90,380
42.398
84,827
Phil. Wilm. < B. February. 681,211 622,611 1,422,828 1,301,42»
fc
,Pitts. C.C.«fcSt.L. March....... 1,309,219 1,136, 33 3,837,761 3,289,926
Pitts. Lisb.ife Wn March.......
11,814
3,»78
11,911
4,209
Pitts. Bcs.&L.E. March.......
191,388
83.878
42,193
111.138
Pitts. < Wes’n .. 2d wkApr.
fc
412.600
32,515
30,525
380,1-81
Pitts. 01. ATol. 2d wkApr.
20,164
252,224
15,180
190,607
Pitts, Pa. A F. 2d wk Apr.
64.2 9
6,377
5,687
57.086
Total system 2d wk Apr.
59,056
51,392
745,046
641,526
Pittsb.Yo. & A .. March....... 126,936
295,071
80.633
195,821
Kioh.Fr’issbAP. February.
57,067
49,985
114 289
98,549
Rich. A Peters b. February .
53,562
26,885
25,067
48,539
Rio Graude J ct. February..
46,391
21,366
16.974
34,659
Rio Grande So’n 2d wk Apr,
118.8 «-5 89,950
7.246
6,420
Rio Ur’de West. 2d wk Apr,
55,6o0
795,406
44,800
597,273
St. Jos.&Gr. 1... 2d wkApr.
15,170
338,288
18,400
314,713
St. L. Gill. A St. P. March___
83,925
28.675
25,064
72,976
St.L.Keu’etA So March .. .
4.667
17,557
14,511
3,785
St,L.«feSanFran. 2d wk Apr, 129,426 105,276 1,892,188 1,593,576
St.L.Southwest. 2d wkApr,
81,900
69,200 1,522,300 1.240,379
St.Paul & D ul.. March ....
317,523
118.193 105 609
283,624
San.Ant. < A P 1- ebruary . 134.619 131.420
te
295,278
283.343
SanF’rau.&N.P. March.......
165,052
54,582
49 494
137,392
S. Fc Pres. <fePh. lstw k Apr,
195,348
15,828
15,604
169,220
Sav.Fla.A West. February . 294,748 267.670
604 654
575.341
Sher.Shrev.&so. 4thwk Mch
77.850
8,942
9,005
72.463
Sil. Sprs. O. < G. February..
fe
27,179
13,947
10,529
22,680
Silverton.......... December
3,844
5,564
Sioux C. & Nor. February.
17,614
36,268
28.61*2
16,327
So.Haven&East March
5,515
2,376
1,930
4,905
So. Pacific C o .Gal.Har.A 8. A February. 424.923 348.302
851.601
725,833
Louis’ a. West. February.
206.546
97,447
85,861
169,135
Morgan’sLAT, February . 497,017 415,115 1 ,0 6 2 .0 8 6
851,678
22.412
50 331
N.Y.T. «feMex February.
20,177
4a 974
Tex. <feN. Orl.. February.
258.609
127.924 123,918
260,013
Atl. Prop’tes.o February. 1,198,807 1,010.693 2.486, 50 2,080.452
Paoifio system February. 2.857.732 2,127,657 5,619 391 4.442,082
Total of all./ February . 4,336,419 3.417,763 8,704,125 7 083 373
So. Pao. of Cal. February.. 833,663 652 456 1,670,404 1,381,992
So.Pac.ofAriz February.. 341,821 203 011
614 436
4)5,084,
So.Pao.ofN.M, February.. 147,341 103 038
268,611
206,336
335.313
Northern Ry.. February.. 160 325 138 6 ï9
295,973
Southern R y .... 2d wk Apr. 370,755 357,137 5,935 7o7 5.542,106
Spok.F’ls&Nor. December.
596 910
439.759
1,472
Stony Cl. &C.Mt. February.
"* '6 9 9
1,475
‘ ■“ 7 4 7
72.641
Texas Central.. 4th wkMch
4,544
3,623
52,693
Texas & Paoifio. 2d wk Apr. 132,816 121,015 2,242,771 1,897,525
Tex. S. V.<& N.W. M a rch _
_
11.497
3.041
3,948
8.897
31.131
Tol. & Ohio Gent. zd wk Apr
31 888
448.352
456.353
261415
13,263
Tol. P. & West.. 2d wkApr.
15.521
244,909
Tol. St. L. & K.C. 2d wk Apr.
571,822
38,834
38,678
588,7a6
Onion Paoifio—
Onion P .R R .. February. 1,178,280 986,097 2,370,988 1,987.840
Ach.Col.«fe P. 1 January...
45,173
33,051
33,051
45,173
Aoh.J.C.&W 5
13,000
22,000
340.354
Cent. Branch lstwk Apr.
266,415
106,691
78,555
Cen.Br.«teL’dL January... 106.691
78,555
83,570
66 628 1,037,087
tJn.P.Den.&G.. lstw k Apr.
819,771
«Vabash............. 2d wk Apr. 252,398 203,000 3,640.512 3,029,7*9
16,583
Waoo«feNorthw February
18,489
33,748
33,-37
W.Jersey «feSea’e February . 136,144 128.14.
277.354
2 >2,102
W.V.Cen «¿Pitts M arch.....: 104,459
97,548
27,144
26,497'
JVestVa.«fe Pitts. January...
26,284
27,144

804
R oads .

Western of Ala.
West. N.Y.APa.
Wheel. & L. Erie
Wilkesb. & East.
Wisconsin Cent.
Wrightsv.&Ten.
York Southern.

!H E
Latest Gross Earnings.

CHRONICLE

Jan. 1 to Latest Date.

lsf week o f April.

Week or Mo

1898.

1897.

February.
2d wk Apr.
2d wk Apr.
February.
2d wk Apr.
M arch.....
February.

$
55.926
55,500
29,«22
36,637
83.751
8,693
4,269

$
$
113,436
114,752
56,m
714,197
779,844
50,100
269,821
23,2< »2
384,578
28.406
74,205 1,250,257 1,073,703
22,347
6,419
24,208
8,231
9,295
4,207

1898.

1897.
Santa Fe Pr. A Pbcenix..
Toledo Peoria & West’n .
Un. Pac. Den. A G ulf....
Total (81 roads). . . . . . .
NMitnorease (13 68 p. o.)

[V O I. L X VI,
1898.

1897.'

$
1\828
16,419
83.570

$
15,614
14,6";,4
66.628

7,352,634

6,467,607

Increase.

9

224
1,745
16,942
994,590
885,077

Decrease.

9

109,513

Net Earnings Monthly to Latest Dates.—The follow ing
shows the gross and net earnings to latest dates of all S t e a m
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 re.
turns are published from week to week, as soon as issued, but
for the convenience of our readers all the roads making re­
turns aie brought together here in the week in which we pubLatest Gross Earnings by Weeks.—The latest weekly earn­ lish oui monthly article on net earnings—say on or about the
20th of the month.
ings in the foregoing are separately summed up as follows:
The returns o f the street railways we give by themselves
For the second week of April our preliminary statement
■«overs 70 roads, and shows 14'30 per cent inorease in the under a separate head at the extreme end o f these tabulations
—see paqe 807.
aggregate over the same week last year.
a These figures include results on leased lines, ft includes earnings
from ferries, eto., not given separately. { Mexl ian currency, d in .
eludes operations of the Chic. Burlington & Northern in botn yearsCovers results of lines directly operated east of Pittsburg, c Inoludes Des Moines & Kansas City for all periods.
t Includes Chesapeake A Ohio So’ western, Ohio Valley and Chicago
and Texas for 1898 but not for 1897.
e Includes results on A. T. & 8. Fe, Gulf Col. A 8. Fe, S. Fe Pacific
<old Atlantic A Pacific' and So. Cal. Ry.
* Figures from 1st week of March include earnings on railroad only;
previous to that they include results on railroad and mines.

----■ Gross Earningsv

2d week of April.

Increase.

1898.

1897.

8
27,274
26,696
16j09t
1S6B873,641
451,000
73.18'
215,381
67^454
88,695
63,012
566,089
22,599
34,183
17,355
265.426
32,089
34,363
139,603
27,463
5,814
22,524
56.953
17.264
21,833
18,130
40,799
8,25:
859
2,414

9
27,384
27,174
14.472
1' 6,428
60.402
389,000
75.711
208.623
74,? 25
79,533
57,119
462,042
19,737
29,232
10,619
246,688
27,715
26Ì063
134,0 0
24,485
5,287
19,074
57,787
9.717
22 553
16,315
37,906
7,783
660
2,058

469,655

405,979

63,676

64,489
25,921
8,110
36,695
7,085
61,316
25,754
7,737
360,(30
20,319
257,912
112,786
29,951
62,356
222,021
359.000
16,000
70,398
205,266
274,t07
77,484
13)07*2
61,392
t,420
41.800
15,170
105,276
69,200
357,137
121,015
31,131
13,263
38,834
203,000
50,10»
23,202
74,2o5

3,896
l',578
1,905
25,512
2,661

8t. Joseph A Gd. Island.
St. Lonls & San Fran_
_
tit. Louis Southwestern.
Southern Railway_____
Texas A Pacific. . . . . .. . .
Toledo A Ohio Central...
Toledo Peoria A West’n ..
Toledo St. L. A Kan. City.
Wabash........... ............... .
West. N. Y. A Pennsylv.
Wheeling A Lake E rie...
Wisconsin Central..........

68.385
27.499
10,015
62,207
9,096
60,260
27,886
11,822
392,69b
23,379
258,288
94,429
30,659
68,776
206,383
442,000
24.000
65,860
265.441
403,645
123.671
15,933
59,056
7,246
55,600
18,400
129,426
81,900
370.755
132,81t
31,888
15,521
38,6V 8
252.398
55,500
29,922
83,751

^ oc il (70 roads)..........
Set increase (14-30 p.o.).

7,097,861
....

6,209,675

Alabama Gt. Southern...
Atlantic & D anville......
Bait. A Ohio Southwest..
c
Buff. Roch. & P itts.......
Canadian P a cific....-. . . .
Chicago A East. Illinois.
Chio. Great Western.......
Chic. Indian ap.A Louisv.
Chicago Milw. A St. Paul
>Chio. Term. Transfer_
_
Chicago & W. Michigan..
Choo Okla. & Gulf........
Òlev Oin Ohio. A St. li.
•Clev. Lorain & Wheel’g..
Denver A Rio Grande...
Det- Gd. Rapids & West.
Evansv. A Indianapolis.
Evansv. A Terre Haute.
Flint & Pere Marquette .
Ft. Worth A Rio Grande.
Grand Rapids A Indiana
Cincinnati R. A Ft. W.
Traverse City................
Mnsk. Gr. Rap. A Ind .
Grand Trunk................ )
Chicago AGr’d Trank >
Det. Gr.Hav. A Milw. )
international A Gt. No..
Kanawha A M ichigan....
Aim. City Plttsb. A Gulf
Kan. City Sub. Belt........
Lake Erie A Western....
Louisv. Evansv. A St. L
Louisville Heud.A St. L..
Louisville A Nashville...
Memphis A Charleston .
Minneapolis A St. Louis.
Minn. tit. P. A S. Ste. M..
Mo. Kansas A Texas____
Mo. Pacific A Iron Mt_
_
Central Bran o n ..........
R. Y. Ontario A Western
Norfolk A Western........
Northern Pacific..........
Oregon RR. A N a v .......
Peoria Deo. A E vansv...
Rio Grande Southern___

*

Decrease.
8

9
__ %
___
1.6129.96«
13,439
62,000

r

2,531
7,371

9,162
5,891
104,047
2,862
4,951
6,736
18,73?
4,374
8,300
5,600
2,978
527
3,450

••

.*;
834

7,547
1,815
2,893 ,1«
47 i
199
356

708
6,420
__ ;
83,000
8,000
60,175
128,8-58
46,187
2,881
826
10,800
3,2 aO
24,150
12,7« 0
13,618
11,801
757
2,258
49.398
5,400
6,720
9,546
939,978
888,189

f

,

6,758

2,132
4,08 a
31,965
3,0. 0
376

110
4;8

720

i '* -•t**r
t*

•
1,056
...

n
18,357
15,638
4,538

116
-T** r**»*

51,789

• F o r th e first w eek o f A p r il o a r final s ta te m e n t cov ers

81 roa ds, a n d sh o w s 13'68 per o e n t in orease in th e a g g re g a te
o v e r th e sam e w e e k last yea r.
ls f week o f April.
Previously rep’d (68 Fds
Choc. Okla A G ulf..
Clf-ve. Canton A tiouth’n.
Duluth 8o. chore A A t...
Kan. City Ft. S. A Mem.
Kan. C. Mem. A Birm___
Kansas City A Omaha...
.Peoria A Eastern............




1898.

1897.

$
$
6,983,083 6,155.416
10,283
15,68«
11,094
10,174
24,842
30,063
17,827
18,290
26.247
29.669
64,nl
80.16
21,122
25,408
2.194
3.871
9,321
9,513
27,715
29j954

Increase.
9
936,230
5,397
---. . . . .
5,221
1,463
3,422
15,552
4,286
1,677
192
2,239

Decrease.
8
108,593
920
........
. . . . ....
........
........

-Net Earnings.——
.

Roods.
$
$
20,571
13,464
23,624
Adirondack a ....... .Feb.
10,609
25,756
45,106
3 5,538
Jan. 1 to Feb. 2 8 .....
17,680
142,770
127,415
37,527
Alabama Gt.Soutb.a.Feb.
29,662
308,050
262.589
94,981
* Jan. 1 to Feb. 2 8 .....
70,000
449,083
1,21 <,507 1,121,634
July 1 to Feb. 28 . ...
407,859
62,405
11,906
66,147
Alabama Midland.b.Feb.
14,211
136,341
134,085
23,311
Jan. 1 to Fi-b. 28.......
38,429
470,303
94,090
July L to Feb. 28 . . . .
495,825
100,281
169,322
66,501
185,499
Allegheny Val’ey.b..Feb.
56,922
398,259
346,719
151,543
Jan. 1 to Feb. 28. . . .
119,239
65,666
19,880
Ann Arbor................Feb. , 126,002
26,849*
194,256
59,770
268,137
Jan. I to F.-b. 28. . . .
55,718
7,353
13,593
7,930
Arkansas Midland.bFeb.
1,468
15,291
11,830 def.2,567
Jan. 1 to Feb. 2s. . . .
23,923
»745,722 »555,157
Atoll. Top Ati.Fe.h.* Feb. 3 016,390 2,447,742
Jau. 1 to Feb. 2 8 ..... 5,916,838 4,911,672 1,240 156 1,034,288
July 1 to Feb. 28.......j23.342,600 22,464,311 17,467,546 16,299,934
Atl. Knoxv. A Sio....Jau.
19,181
25,422
6,787
2,154
50,224
22,667
Atlanta A W.Point.bFeb..
43.063
21,070
105.763
Jan. I to Feb. 2 8 .....
50,555
101,687
47,560
392 100
July 1 to Feb. 28.......
407,897
188,256 ' 169,967
41,920
36.895
Atlantic A Danv’e.a. Feb.
9,337
7,905
84,972
77,759
Jan. 1 to Feb 2 S ......
15,191
17,919
365,851
354,890
July 1 to Feb. 2 8 .....
98,806
82^961
Austin A Nortw’n . b. Feb
17,533 def.*,U 8
6,331
11,917
Jan. 1 to Feb. 28. . . ..
23,996
34,787 def. 1,031
12,379
403,759
Baltimore A Ohio. b.. Feb., 1,912,361 1,777,368
237,726
Jan. 1 to Feb. 2 8 ..... , 3,982,792 3,728,212
921,239
579,008
July 1 to Feb. 28........18,014,166 17,241,563 4,821,303 3,963,824
Bait.* Ohio South.b.Feb,. 527,729
120,988
454,005
150,016
262,531
1,033,377
234,048
926,497
, 4,522,376 4,093,522 1,400,555 1.259,450
Bath A Hammonds..Feb..<
1,621
1,467
146
34
Jan. 1 to Feb. 2 8 ;....
705
3.453
3,493
675
J uly 1 to Feb. 28........
32,969
31,777
19,433
17,775
Birm. A Atlantic, b .. Feb..
2,293
1,720
88
2<
-7
Jan. 1 to Feb. 28.,__
4.273
3,279
172
495
J u ly l to Feb. 2 8 .....
18.840
16,636
4,836
5,037
Brunswick A West bFeb..
47,595
37,823
9,701
7,245
Jan. l to Feb. 28.
97,702
88,720
•22,824
25,03g
July 1 to Feb. 28.
. 404.5c 2
390,130
135,679
137,597
Butt. Rooh. A Pitts. b..Feb.. 258 858
235,731
81,830
91,966
Jan. 1 to F«b. 2 8 . . . . .
542,057
104,335
436,170
164,084
July 1 to Feb. 28. . . .. 2,441,913 2,281,204
773,360
887,525
Buttalo & Susqueh.a Mar.
45,730
48,359
23,391
18,975
Jan. 1 to M a r. 8 1 . . . .. 122,531
120,803
50.574
39.184
July 1 to Mar. 3 1 ..... 479,421
430,592
206,175
221,282
Burl. Ced.R. A No.a.Feb.
308,361
310,301
109,736
131,690
Jan. 1 to Feb. 2 8 ...... 611,690
609,407
232,266
221,396
Canadian Pacitlo.a..Feb. 1,491,597 1,272,094
384,323
423,667
Jan. 1 to Feb. 28. . . . 3,163,969 2,535,018
939,295
758,166
Carolina Midland_ Feb. ,
_
5,596
3,641
6,919
2,879
Jan. I to Feb. 2 8 ....
10,010
12,038
4,295
4,863
Cent, of Georgia.a...Fel . 495,503
474,980
186,167
184,217
Jau. 1 to Feb 2 8 .... , 1.018,201
983,810
403,102
355,541
July 1 to Feb. 2 8 .... . 4,061,217 3,883,769 1,554,672 1,529,592
Cent, of N. Jersey a. Feb..
885,290
255,957
848,939
310,500
Jan. 1 to Feb. 2 8 ...... 1,940,990 1,704,155
511,175
719,790
Central Pacitto.b....Feb . 1,062,118
393,664
224,569
801,251
. 2,113,936 1,663,164
498,996
74.7,325
31,283
80,932
28,650
69,913
Jan. 1 to Feb. 28.......
59,257
149.726
56,136
134,899
July l to Feb. 2 3 ..... . 400,344
100,582
66,524
387,535
Ohas’n A West Carol’a.aJuly l to Feb. 2 8 .... .
601,378
211,599
Chattan’ga 8 jUth’ a..Mar,
6,137
387
Cues. & Ohio.a. .....F e b . 913,391
201,834
273.147
775,708
. 1,867,744 1,693,957
493,182
588,956
. 7,915,509 7,052,486 2,621,969 2,368,851
. 3,139,716 2,769,462 1.298,476 1,230,342
. 6.184,173 5,442,0 »0 2.351,088 2.237,988
.29,132,583 24,026,428 12,037,008 10.281,562
139,045
.
337,012
152,480
322,826
Jan. 1 to Feb. 28 . . . ., 693,487
297,919
281,749
661,215
July 1 to Feb. 28........ 2,915,801 2,668,93 i 1,310,544 1,191,343
Chicago Gt. West’ n..Mar,. 490,502
131,360
164,395
428,539
318,278
362,727
1,275,323 1,139,106
39,045
47,074
202,723
.
215,465
Jan. 1 to Feb. 28. . . .. 410,823
79,481
80,491
393.328
July 1 to Feb. 2 8 .... . 2.224.185 1,883,794
636,274
541,746
789.804
785,531
. 2,394,660 2,119,739
, 4,755,957 4,130,188 1,546,334 1,490.123
.23,136,238 20,863,472 9,079,421 8,275,001
62,449
93,099
371,326
549.910

A p r i l 23, 1898.]

THE CHRONICLE

,---- Gross Earnings.-----«,-----Net Earnings.---- »
1898.
1897.
1898.
1897.
Roads.
S
$
$
C h ic.* West Mich....Feb.
118,005
16.662
128,430
21/731
221,792
26,420
Jan. 1 to Feb. 23. .. .
245,910
28,151
Chootaw Okla.&G.b.Feb.
83,327
49,830
128,586
22,895
Jan. 1 to Feb. 2 . . . . . .
111,780
201,230
58,521
279,296
150.994
463,451
249,787
Nov. 1 to Feb 28 ...
597,499
112,353
290,703
96,564
dln.N.O.<fe Tex.Pao.aMar
339,094
323.442
815.500
Jan. 1 to Mar. 3 1 ....
99 «.0 ?0
282.349
976,607
July 1 to Mar. 3 1 .... 2,932,966 2,536,7o8
7s0,179
17,597
992
554
d in . Ports. « s Va b .Jan.
S
18,649
32,561
163,734
159,136
22,358
July 1 to Jan. 31.......
5 899
46,177
8,524
49,439
d e v e . Canton < So..Feb.
fc
87,895
8,473
11,525
102,632
Jan. 1 to Feb. 2 8 .....
96,208
July 1 to Feb. 28.......
464,548
458,647
82,388
257,352
985,460
242,519
d e v .C in . C,&St.L.a,.Feb. 1,061,718
530,224
520,142
Jan. 1 to Feb. 2 3 ..... 2,160,291 2,042,131
July 1 to Feb. 2 8 ..... 9,531,133 8,731,604 2,227,610 2,198,280
137,250
51,056
43,222
157,069
Peoria «ft East’n.a. Feb.
88.768
283,657
71,350
Jan. 1 to Feb. 2 3 .....
304,085
332.144
251,726
July 1 to Feb. 28....... 1,256,384 1,096,033
30,232
24,^21
d le v . Lor. & Wheel.aFeb.
82,031
107,978
68,969
Jan. 1 to Feb. 2« . . . .
169.011
49.793
266,995
313,229
201,933
July 1 to Feb. 2 8 ..... 1,016,134
767,506
6,633
Colorado Midland. .Feb.
122,932
26,071
127,994
Jan. 1 to Feb. 2 8 .....
263,410
25 i,481
45,128
29,696
July 1 to Feb. 2 8 ..... 1,225,669 1,126,834
277,570
185,703
7,517
CoL Sand.«Ss Hook’ g.Mar.
6.254
69,185
56.363
Jan. 1 to Mar. 3 1 ....
176,406
22.060
24241
181,057
755
170
C rystal.................. .Feb.
1.161
516
Jan. 1 to Feb. 28.......
1,470
16 L
2,308
979
Cumberland Valleyb Feb.
20,320
11,883
61,519
50,675
Jan. 1 to Feb. 23. . . .
105,359
34|J5 L
23,566
124.249
435,953
166,,501
Den. A R. Grande, b.. Feb.
219,082
566,716
Jan. 1 to Feb.28........ 1,211,3 >2
458,344
921,058
340,699
July 1 to Feb. 28....... 5,636,811 4,690,517 2,244,98 » 1,877,163
11,503
Dos Moines «& K. C. b. Feb.
13,139
4,967
3,288
29,279
23,643
12,661
Jan. 1 to Feb. 23.......
0,737
31,001
12,536
Dos Moines No.«SsW.bFeb.
38,856
11,012
Jan. 1 to Feb. 23.......
80,618
62,368
23,955
15,439
©et. Gd. Rap. «ft W.a .Feb.
90,823
101,731
14.213
14,108
Jan. 1 to Feb. 2 3 .....
203,633
20,303
21,251
179,997
46,636
12,663
Detroit & Maok’o.a .Feb.
35,766
18,851
74,101
Jan. 1 to Feb. 28.......
74,100
26.504
24,158
July 1 to Feb. 2 3 .....
274,044
216,510
75,564
52,000
Elgin Joliet « s E..a..Feb.
S
9 3,745
54.78L
37,571
129,048
60,454
Jan. 1 to Feb. 2 8 .....
248,377
173,716
100,580
884,542
793,613
301.695
July 1 to Feb. 2 3 .....
274,981
389,933
396,684
E rie .a ........................ Feb. 2,247,191 2,175,542
728,200
Jan. 1 to Feb. 23....... 4,610 893 4,393,162
767,600
July 1 to Feb. 28...... 22,851,856 20,999,085 5,883,265 5,514,000
1,782
1,736
Eureka Springs........ Feb.
3,782
4,058
7,700
2,925
Jau. i to Feb. 28. . . .
7,269
3,237
214,700
«52,400
Flint « s Pore Marq.a. Feb.
S
214,104
e30,768
Jan. 1 to Feb 23. . . .
4*8.519
417,163
83,780
100,744
Ft. W. «ft Den. Cityb.Feb.
50,490
18,392
118,829
75,085
Jan. 1 to Feb. 28.......
233,468
158,419
84,990
39,503
JPt. Worth «ft Rio Gr.. Jan.
18,370
3,740
41,668
26,871
182
276
Gadsden « s Att. Un..Mar.
S
599
699
753
Jan. 1 to Mar. 31 . . .
1,8*3
601
2,068
57,743
156,362
152,060
49,048
Georgia, a
........... Feb.
108,156
Jan. 1 to Feb. 2 8 .....
300,405
297.190
88,655
July 1 to Feb. 2 3 ..... 1,183,276 1,160,690 »346,308 »402,013
21,363
30,583
107,520
Georgia «ft Alab’a.a.Feb.
83,436
Jan. 1 to Feb. 23....... •216,948
48,140
185,931
59,388
272,511
223*747
July 1 to Feb, 28.......
849,931
711,127
22,617
67,229
23,093
Ga.South. & Fla.a..Feb.
73,960
56,234
55,677
157.692
146,881
Jan. 1 to Feb, 2 8 ,....
216,<456
603,495
211,997
July 1 to Feb. 28.......
625,100
48,831
187.971
186,047
37,603
Gd. Rapids & Ind.a.Feb.
90,314
85,868
Jan. 1 to Feb. 28......
385,984
356,456
274,734
207,785
Gr. Trunk o f Canada. Feb. 1,327,639 1,229,138
700,074 . 466,279
Jan. 1 to Feb. 23....... 2,878,643 2,521,293
July 1 to Feb. ¿8.......13,314,360 12,642,585 4,653,213 3,464,650
Ohio. <e Gr. Trunk . Feb. ■284.458
S
14.663
221,664
39,955
Jan. 1 to Feb. 2 3 .....
34,942
579,374
468,186
103,707
9,232
Dot. Gr. H. « s Mil...Feb.
S
62,331
72,420
2,569
14,624
Jan. 1 to Feb. 28.......
132,410
147,619
11,329
Gulf Beaum’ t « s K.O.Deo.
S
14,636
7,636
10,031
July 1 io Deo. 31. . . .
74,875
38,905
G ulf « s Chioago. b. ...Feb.
S
5,471
1,183
4,181
2,623
Jan. 1 to Feb. 2 8 .....
9,874
7,652
2,557
3,317
4,262
Soosao Tun. « s Wil...Mar.
S
3,760
1,830
1,721
Jan. 1 to Mai'. 3 1 ....
10,593
10,562
3,923
4,718
279,880
Soust. «ft Tex.Cent.bFeb.
279,413
81,662
68,350
597,985
560,840
123,831
Jan. 1 to Feb 2 ; . . . . .
188,043
July 1 to Feb. 2 «....... 2,755,289 2,810,098 1,082,339 1,114,701
Illinois Central.a4 . Feb. 2,183,398 1,764,240
5"2,827
641,188
Jan. 1 to Feb. 23....... 4,460,118 3,662,502 1,454,704 1,295,479
July 1 to Feb. 28___ 18,547,419 15,071,745 6,074,994 4,715,126
Indiana IH.& Iowa.bFeb.
84,681
56,985
15,781
43,013
Jan. 1 to Feb. fc8.......
161,056
43,073
12-7,517
73,220
July 1 to Feb. 2 8 ,....
526,472
113,872
472,736
159,758
Iowa Central.b........ Feb.
148,847
129,143
42,123
49,560
244.080
Jan. 1 to Feb. 28.......
282,576
71,386
83,358
July 1 to Feb. 28....... 1,259,281 1,058,157
327,165
427,586
4,150
3,312
Iron RaiTway.b........ Feb.
1,087
1,433
2,074
Jan. 1 to Feb. 2 8 .....
7,007
7,648
2,904
July 1 to Feb. 2 3 .....
29,182
26,830
5,749
9.283
.Jack. Tam.« s K. W.bMar.
S
34,193
8,010
6,835
32,558
Jan. 1 to Mar. 3 1 ....
95,9 4
8 *,532
13.790
13,409
Apr. 1 to Mar. 3 1 ....
312,904
306,288
18,968
36,045
Kanawha «ft Mich.b.. Jan.
46,091
45,834
13,102
11,403
337,563
July 1 to Jan. 31____
283.778
98,835
77,151
-Kan. 0. Ft. 8. « s M.a..Feb.
S
423,696
391,431
142,645
143,363
825,395
244,042
Jan. 1 to Feb. 2 8 .....
749.992
251.069
July l to Feb. 28....... 3,471,320 3,094,548 1,085,353 1 ,0 12,093
Kan. C. Mem.« s B.a..Feb.
S
24,489
137,731
103,219
46,809
60,852
Jan. 1 to Feb. 28.......
277,136
218.69 i
94,659
909,409
July 1 to Feb. ‘28.......
264,528
875,748
268,310
25,753
264,088
Kan. C. Pitts, «ft G.Feb....
75,029
98,789
51,250
Jan. 1 to Feb. 28. . . .
554,123
196,772
172,547
10,626
31,931
Keokuk «ft West’ n b..Feb.
29,952
8,856
18,326
67,034
57,145
22,489
Jan. 1 to Feb. 28.......'
120,137
272,042
263,617
114,459
la k e Erie «ft West, b Feb.
224,631
547,769
229,333
521,278
Jan. 1 to Feb. 28.......




805

•Net Earnings.—
-Gross Earnings.— >.
1898.
1867.
1898.
1897.
*
3!
$
Roads.
$
351,832
233,640
Lehigh Valley R R ...F eb . 1,421.806 1,301 671
437,634
652,912
Jan. 1 to Feb. 28....... 2,765,544 2,6J5,992
794,558
Deo. 1 to Feb. 28....... 4,304,657 4,157.332 1,116,994
def.l 9.035 def.31,109
Lehigh Val. Coal Co.Feb. 1,192,572
def. 41 342 def. '5,986
Jan. 1 to Feb. 28....... 2,614,107
Iet.l03,737def. 105,562
Dec. 1 to Feb. 28....... 4,123,084
3,704 def.1.52^
13,322
Lexington «ft East’ nbFeb.
15,113
8,727
2,456
Jan. 1 to Feb. 28.......
30,718
26,860
Long Island B K .b...F eb.
198,734
179.041 def. 10,034 def.16.488
Jan. 1 to Feb 2 8 .....
438,225
2.117 def. 28,07 6
374.711
July 1 to Feb. 28....... 2,931,876 2,647.7 >3
829,444
920,648
Long Isl’d R R Sys.b.Feb.
205,268
185.963 def.14.914 def.22,207
Jan. 1 to Feb. 28.......
451,739
388,736 def.8,754 def.39,996
July 1 to Feb. 28....... 3,193,712 2,923,567 1,025,16L
910,405
Louisv.Hen.&St.L b Mar.
45,982
15,603
39,190
7,482
Jan. I t o Mar. 3 1 ....
116,437
22,980
106,083
24,578
July 1 to Mar. 3 1 ....
407,454
310,325
99,018
9 «,876
Leuisv. < N ashv.b..Feb. 1,754,934 1.567.827
fe
550,699
525,545
Jan. 1 to Feb. 2 3 ..... 3,562,668 3,170,343 1,178,604 1,019,328
July 1 to Feb. 23.......14,636.432 13,763,261 4,988,990 4,550.582
Maoon & Birm ing....Feb.
5,901
6,277
128 d e f.l,505
11,795
11,944
Jan. 1 to F«b. 2?.......
151 d e M ,480
July 1 to Feb. 28.......
50,783
45,793 def.8,751 def. 8,55 4
7,665
13,396
Manistique.............F e b .
4,314
9,583
Jan. 1 to Feb. 23.......
18,305
23,519
1,027
4,177
Memphis < Chas’n.aDeo.
fc
163,571
145,635
71,386
56,193
Jan. 1 to Deo. 3 l ....... 1,445,498 1,325.395
307,865
298,037
July 1 to Deo. 31.......
814,206
729,309
254.787
222,019
Mexican Central......Ftb. 1,052,097 1.007, 24
248,790
332.398
Jan. 1 to Feb. 23....... 2,139,119 2,081,126
528,078
709,909
Mex. International..Jan.
270,801
266,315
95,391
106,623
Mexican National...Feb.
485,452
488,697 «219,563 «241,679
Jan. 1 to Feb. 23.......
996,202
998,564 c 158 873 c 4 4 2 .ll 5
Mexican Northern .. Feb.
44,794
56,006
24,170
30,361
Jan. 1 to Feb. 23.......
»2,023
109,414
44,510
60,632
July 1 to Feb. 23___
354,234
405,753
202,631
215,419
Minn. « s St. Louis.a.F tb. 148.297
S
135,169
50,663
45,356
Jan. 1 to Feb. 28.......
29 4,809
262 6 46
102,760
85,808
July 1 to Feb. 28....... 1,533,440 l,3o9,799
625,553
578,193
Minn. St. P. & S.Ste. M. Feb.
253,503
228,443
96,3 20
80,058
Jan. 1 to Feb. 2 3 ....„
516,590
417,272
184,313
115,455
July 1 to Feb. 28....... 2,822,902 2,422,403 1,285,996
981,239
Mo. Kansas < Tex a. Feb.
&
846,473
877,712
191,001
Jan. 1 to Feb. 28....... 1,870,970 1,837,263
468,260
July 1 to Feb. 23....... 8,915,443
............ 3,195,553
...........
Mobile «ft Birm’gn’m. Feb.
33,883
24,723
10,024
3.823
Jan. I to Feb. 38.......
76,916
51,876
28,509
7,267
July 1 to Feb. 2 8 .....
255.178 259,629
50,235
74,406
Mobile & O hio.a ....F eb .
351,126
331,528 h.103,799 jb.122,773
Jan. 1 to Feb. 23. . . .
724,260
654.326
223.239
233,010
July 1 to Feb. 28....... 2,339,633 2,644,853 1,046,012 1,002,120
Monterey «feMex.G’f.. Jan.
127,839
103,338
54,834
43,777
»ash.Ch. < St. L .b .Mar.
te
460,314
415,203
132.947
132,077
Jan. 1 to Mar. 3 1 .... 1,353,530 1,249,236
420,596
424,655
July 1 to Mar. 31 . . . 4,269,359 3,315,255 1,430,001 1,435,053
Nevada Central........ Feb.
3,029
2,311
823
656
Jan. 1 to Feb. 2 3 .....
7.40L
5,486
2,825
965
July 1 to Feb. 28.......
30,959
27,731
7,564
8,223
N. Y. Ont. «ft West a.Feb. 258,945
258,234
57,773
61,604
Jan. I to Feb. 23.......
546,732
515,103
103,911
132.208
July 1 to Feb. 28....... 2,729,313 2,641,808
83 3.633
800.428
N.Y.Sns. & West b d . Feb.
157.918
143,801
63,993
55,903
Jan. 1 to Feb. 28.......
351,469
324,273
140*499
163,748
Joly 1 to Feb. 28....... 1,611,501 1,563,899
756,107
703,591
Norfolk < West’ n .a . . Feb. 876,369
fe
759,494
241.796
173,035
Jan. 1 to Feb. 28....... 1.792,116 1,641,564
521,327
441,753
July l to Feb. 28....... 7,564,272 7,059,186 2,408,613 1,707,090
Northeasteru of tìa.. Jan.
6,556
5,430 def. 1,980
265
July 1 to Jam 31.......
46,493
42,553
11,563
15,030
Northern Central, b.. Feb.
509,779
5 48,631
131,784
205,628
235,012
301,922
Jan. 1 to Feb. 23....... 1,016,314 1,074,517
252,047
Northern Paoiflo.b..Feb. 1,517.338 1,029,505
596,028
Tan. 1 to Feb. 23....... 2,957,385 1,988,373 1,207,062
389,317
July 1 to Feb. 28.......16,33 3,043
............ 3,284,534
. . ... .. .
Ohio River, b ..............Feb.
63,712
56,486
14.270
15,509
36,095
Jan. 1 to Feb. 23.......
135,183
124,561
32,138
Ohio River & Ohas.bFeb.
19,823 '
16,953
6,180
4,955
Jan. 1 to Feb. 28.......
35,370
32.312
8,171
8,305
July 1 to Feb. 28.......
131,977
127,503
31,733
27,339
62,480
148,715
Oregon RR. < Nav.b^eb.
fe
497.613
2*7,315
235,876
135,071
Jan. 1 to Feb. 2 8 .....
967.109
557,061
July 1 to Feb. 2 8 ..... 4,609,437 3,266,076 2,031,609 1,406,030
176,031
Oregon Short Line.a.Feb.
429,477
354,867
119,917
352,657
876,8t7
752.776
274,168
Jan. 1 to Feb. 28.......
July 1 to Feb. 28....... 4,140,451 3,773,018 1,659,059 1,298,230
Pennsylvania—
Lines directly operated—
East of Pitts.<&E.. Feb. 4.829,534 4,486,234 l,3$9,10l 1,293,401
Jan. 1 to Feb. 23....... 9,918,705 9,241,905 2,511,998 2,419,598
40,700
Ino.
West of Pitts, «ftE..Feb. In o. 337,000
Ino. 119,500
Jan. 1 to Feb. 2 3 .....
Ino. 871,700
16,527
21,227
Peoria Deo. & Ev.b..Nov.
73,913
64,858!
162,024
228.005
826,681
780,585 .
Jan. 1 to Nov. 30.......
20,062
21,759
Petersburg, b ........... Feb. 43,479
44,617
33,436
42.412
Jaa. I to Feb. 23.......
86,287
84,395
159.552
140,413
July 1 to Feb, 2 8 .....
338,523
331,973
72,840
45,581
Phila. «ft E rie.b .......Feb.
253,518
280,572
53,936
108,054
Jan. 1 to,Feb. ¿8.......
506,646
531,429
531,382
629,061
Phila. «ft Reading..b. Feb. 1,490,115 1,494,133
Jan. I to Feb. 23....... 3,214,587 3,004,00t 1,312,473 1,265,867
July 1 to Feb. 28. ...15,100,751 14,221,566 6,865,102 6,418,861
Coal & Iron Co..b.Feb. 1,444,423 1,510,191 def.27,840 df.L33,119
Jan. 1 to Fen. 23___ 3,333,821 3,204.261 def. 8 2,741 df.267,377
735,377
463,658
July 1 10 Feb. 28. ...16,771,706 15,565,639
556,542
Total both C o's.b. Feb. 2,934,538 3,004,328
495,942
Jan. I to Feb. 28....... 6.603.411 6,208,265 1,229,729
998,490
July 1 to Feb. 28. ...31,872,457 29,787,255 7,600,479 6,882,519
2 3,667
Reading Comp’ nybFeb.
........
........
22,898
233,242
July 1 to Feb. 23. . . .
........
........
228,024
530,209
Total all Com p’s. b . Feb.
........
513 840
7,838,721 7,110,543
July 1 to Feb. 2 8 .....
........
Phil. Read, «ft N.E.....Fdb.
43,091
42,318
6,163
12,77 4
Jan. 1 to Feb. 23.......
90,330
84,327
11,505
25,408
July 1 to Feb. 28.......
467,359
444,414
125,983
147,437

806

THE CHRONICLE.

r-r^Gross. Earnings.-***
—Vet Earnings.!
1898.
1897.
1897.
1898.
Roads.
$
$
$
$
PMla.\Tilm.& B a lt, b Feb. 681,211
622,611
117,649
146,943
Jan, 1 to Feb. 2 8 ..... 1,422,828 1,301,428
221,930
264,230
Nov; 1 to Feb. 28....1 2,921,790 2,649,490
561,429
660,929
JWtts. 0 . 0 . & St L.a.Mai 1.399.219 1,136,233
125.770
309.855
Jan. 1 to Mar. 3 1 ... 3,837,76.1 3.289,928
665,421
982,590
3,634
3.906
1,105
1,510
7,836
2,415
7,702
2,202
. 182.913
40,205
41,073
175,438
371,306
69,075
3 7.28 4
89.577
. 2,032,454 1,754,503
591,212
572,760
Fitts. Youngs. A A....Mar.
126.936
80,6*3
49.033
26,0*2
JaD. 1 to Mar. 3 1 ...
295,071
47,712
19 >,821
76,760
Rich. Fred. & Pot....Fen .
57,037
16,464
49,985
23,510
Jan. 1 to Feb. 28....,
114.289
32,6*7
98.549
48,117
July 1 to Feb. 2 8 ....
439,928
143,996
406,964
178,035
.
26.885
25,067
8.697
6,763
Jan., 1 to Feb. 28. .
53,562
10,241
48,539
15,093
210,178
52,747
208,223
69,071
.
21,366
f 6,410
f 5,092
16,974
. Jan.. 1 to Feb. 2 8 .....
46,391
34,659
f 10.397
f 13,917
Deo. 1 to Feb. 28. . ...
80,098
57,661
f 24,029
f 17,248
Rio Gr’nde South, b.. Feb..
30,840
5,944
23,039
14,211
Jan. 1 to Feb. 2 8 .....
69,271
50.52*
35,3*3
16.976
July 1 to Feb. 28.......
281,769
279,215
121,752
123,933
RiO Grande Wast.b. Feb.
208,724
157,678
70,083
42,214
Jan. 1 to Feb. 2 8 .....
440,303
333,473
142, *97
95,4 6
July 1 to Feb. 2 8 ..... 2,240,536 1,627,983
535,905
835,740
8t. Jos. A Gd. Isl.a .Feb.
108.391
119,000
45,762
51,247
205,105
186,894
76,2*8
57,276
July 1 to Feb 2 8 .....
864.746
622,858
331,617
124,73*
St. Louis A San Fr.bFeb.
551.893
471.938
215,311
211,803
Jan. 1 to Feb. 2 8 ..... 1,079.710
887,578
427,327
369,25*
July 1 to Feb. 28....... 4,689,457 4,003,513 2,038,022 1,780,647
Ban Ant. A Aran. P.b Feb.
134,619
131,420
18,494
20 399
Jan. 1 to Feb. 2 8 .....
295,278
233,343
55.620
49,254
July 1 to Feb. 2 8 ..... 1,443,935 1,585,545
460,803
591,450
Ban Fr. AN. Pao..a .Mar.
54,582
49,494
11,089
4,842
Jan. 1 to Mar. 3 1 ....
165,052
137,392
33,709
15,64.»
July 1 to Mar. 3 1 ....
636,083
539,858
243,201
171,684
Santa Fe Pi es. A Ph. Feb.
61,732
49,643
33.L33
22,417
Jan. 1 to Feb. 2 8 .....
117,295
97,042
63,31)
43,201
July 1 to Feb. 2 8 .....
481,014
403,696
268,047
200,720
Sav. Fla. & West.b .Feb.
294,748
267,670
73,404
61,610
Jan. 1 to Feb. 2 8 .....
604,654
575,341
149,574
152,294
Jaly 1 to Feb. 28....... 2,306,306 2,227,358
587,589
578,334
Silver Sp.OoalaAG.bFeb.
13,947
10,529
5,886
4,069
Jan. 1 to Feb. 2 8 .....
27,179
22,630
8,221
9,366
July l to Feb. 2 3 .....
117,839
100,530
48,263
44,898
Silverton................ ...Deo.
5,564
3,844
3,186
2,064
Sioux City & North ..Feb.
17,614
16,327
5,614
5.325
Jan. 1 to Feb. 28.......
36.268
28,612
11,968
6,750
South Haven A E. b .. Feb.
1.533
1,641
def.458
Nil.
Jan. 1 to Feb. 2 8 .....
3,139
2,975
daf.463
def. 9 25
Southern Pacific—
Gal.H. A 8. Ant.b,.Feb.
424,923
348,302
126,970
76,447
,Jan. 1 to Feb. 2 8 .....
851,601
725,833
270,283
177,145
3,177,841 3,399,000 1,036,094 1,173,542
Louisiana West. b.. Feb.
97,447
85,861
41,115
40,741
Jan. 1 to Feb. 28.......
206,546
169,135
96,564
79,856
631,431 . 675,682
276,929
294,093
M’gan’s La.ATex. b. Feb.
497,517
415,115
167,836
129,099
Jan, 1 to Feb. 2 8 ..... 1,062.086
851,678
370,205
257,479
July 1 to Feb. 28....... 3,740,688 3,891,006 1,089,426 1,406,218
N. Y. Tex. & M b ..F e b .
22,412
20,177
8,985
7,781
Jan. I t o Feb. 28.......
50,331
43,974
21,482
17,324
262.399
247,453
149,116
138,339
Texas A N. Oil b. .Feb.
127,924
45,7 >7
123,918
45,800
,Jan. 1 to Feb. 28 ......
258,609
250,013
89,756
87,396
July 1 to Feb. 28.......
047,679 1,012,956
359,943
360,455
Atlantic Prqp’ t'sbllFeb. 1)198,897 1,010.693
393,184
293,426
Jan. 1 to Feb. 2 8 ..... 2,486,750 2,080,452
859,251
612,809
J u ly l to Feb. 2 8 ..... 8,993,596 9,430,836 3,010,855 3,392,681
Pacific System.!» Feb. 2*857,732 2,127,657 1,073,953
576,190
Jan. 1 to Feb. 28...... 5.619,391 4,442.082 2,001,100 1,269,649
25,420,606 21,294,712 10,970,957 7,939,029
4,336,419 3,4L7,763 1,551,799
942,967
Jan. 1 to Feb. 2 8 ..... 8,704,125 *7,083,373 3,048.394 2,006,290
July 1 to Feb 28.......:37,174,640 33,535,645 15,064.218 12,446,412
So. Pao. o f Cal. b ... Feb.
833,663
652,456
312,11.1
199,368
. J 8n. 1 to Feb. 2 8 ..... 1,670,404 1,381,992
610,312
434,664
July 1 to Feb. 28....... 7,445,793 6,432,052 3,331,304 2,563,733
So, Pao. ot Arlz.b. Feb.
341,821
203,011
144.218
56,133
Jan. 1 to Feb. 28.......
614,436
415,084
226,342
110,240
July 1 to Feb. 28. . . . 1,939.931 1,531,624
733,737
178,219
So. Pao. of N. M b. Feb.
147.341
103,038
80,040
49,173
Jan. 1 to Feb. 28.......
268,611
206,336
134,012
100,000
774,131
917,243
456,667
352,536
Northern Ry .b ....,F e b ,
160,325
138.659
42,132
2^,245
335,313
295,973
92,784
56,016
1,647,991 1,538,896
655,761
625,141
1,710,072 1,570.922
578.656
508,750
Jan. 1 to Feb. 2 8 ..... 3,385.048 3,136.885 1,107,978
988 543
July 1 to Feb. 28.....1 13,878,802 12.975,470 4,609,062 4,287,897
Spokane Falls A Nor.a—
Jan. 1 to Dec. 31.......
596,910
439,759
312,041
256,431
:.;‘ 747
Stony Cl; A C. M ..b.,F eb, v
699 def.1,059
def.612
J a n .l to Feb. 28.......
1,472
1,475 def. 1,349 def. 1,050
July 1 to Feb. 28.......
26,656
30,0 *8
7,645
13,564
exas-Central a ......J a n .
31,455
19,773
1 2 ,1 1 0
3,450
Tex. Sab. V. A N.W.. P*eb.
4,008
2,960
2,614
1,643
Jan.d to Feb. 28.......
7,548
5,855
4,674
2,948
ToledoAOhio Cent. h.Jan.
147.712
145.045
43,201
46,104
July 1 to Jan. 3 1 .Ì... 1¿054.141 1,069,934
322,329
277.483
Tol.Peoria A West, b Mar.
76*671
70,729
23,112
21,980
Jan. 1 to Mar. 3 1 ....
216,972
229,486
68,205
59,682
July I to Mar. 3 1 ....
749,969
635,165
214.793
176,536
533.321
Union Pac. Rv.b n..F eb. 1,178,280
986,097
336,497
Jan. 1 to Feb. ¿8; . . . . 2,370,988 1,987,840
980,6 47
653.627
n. P. D. A Gnlf..b Feb.
235,385
302,128
121,469
73.728
2*5.401
Jan. 1 to Feb; 2 8 /....
483,632
625,418
154,529
234,059
273,613
W a b a s h .b ......;...i. Feb. '952,812
'862,859
Jan. 1 to Feb. 28....... 1.89 4.561 1,697.917
470,201
466,085
July 1 to Feb. 23. . . . 8,703,0*7 7)831.975 2,700.374 2,370,910
Waoo A North w’ n . Feb.
16.883
18,489
7,154
7,090
Jan. 1 to Feb. 2 3 .....
11,690
33,748
33,637
11,789
'

t 'V o ¿ .

jlJ C V L

,i




1898.
1897.
1893.
’ .
Roads.
$
$
$
w. Jersey A Seas’e.bFeb.
136,144
128,147
13.184
Jan. 1 to Feb. 2 3.......
277,354
252,102
25,788
West’n o f AlabamabFeb.
55,926
56,221 . 21,904
Jan, 1 to Feb. 2 8 .....
314,752
113,436
36.030
J uly 1 to Feb. 28 ...
415.175
«H 1.316 ,150.483
West. V a. Cent. APitts.Mar. 104,459
97,548
36,253
July 1 to Mar. 31 ..
859,950
847.015
267,283
. W.VirginiaA PittsbbJan.
26,497
27.144
11,907
July 1 to Jan. 31.......
235,355
226,2*0
116,356
West.N. Y. A Penn. I».. Feb.
205,0*8
196.235
55,334
Jan. 1 to Feb. 28. . . .
4 <2,044
402,230
104.037
July 1 to Feb. 28. .^. 2,278.869 2,073,366
841.765
Wilkesbarre A E tst. Feb.
36,637
28,406
19,600
July 1 to Feo. 23. .. .
364,385
297.563
194.450
Wrightsv. A Tenn... Mar.
8,693
6,419
2.736
Jan. 1 to Mar. 31 . . .
24,203
22.347
7,903
J uly 1 to Mar. 31 . . .
73,634
70,578
29,239
York Southern b ....F e b .
4.269
4.207
742
Jau. 1 to Feb. 23. . . .
9,295
8 ,2 * 1
2 ,2 12
July 1 to Feb. 28.......
48,367
46,694
17,618

1897.
14,077
1 4 ,39 »
24.439
49.336
191,830*
28.572
277.623
13.180
121,777
44,0228 3,872
716 072
12,371
144,286
l.lK k

9,457
33,772
854
1,185»
18,433

a Net earnings here given are after deducting taxes,
b Net earnings here given are before deducting taxes,
c Deducting other expenditures for repairs,replacements and general
exoenses, net income applicable to interest on bonds In February was
If o’o0? ? ’., ag8tt
A“ * year, and for January 1 to February 28
$182)453 against $217,416. This is the result in Mexican dollars,
treated (aooording to the oompany’s method of keeping its aooounts)
as equivalent to 80 cents in United States money—that is, all depreci­
ation beyond 20 per cent has already been allowed for.
rQ tnoludes the operation o f seven miles of Susquehanna Oonneotingd
e Decrease in net earnings the result entirely of increased expenses
oaused by continuous snow-storms,
f Thirty per cent of gross earnings.
g After allowing for other iuoouie reoeived, total net from July 1 to»
February 28 was $»07,120, against $183 2 15 .
^
b Inorease in operating expenses due to floods,
i Inoludes besides Atlantic System the Houston A Texas Central,
Austin A Northwestern, Central Texas A Northwestern and Ft. Worth
A New Orleans.
n Embraces only earnings o f reorganized lines ; earnings of Central
Branch not included.
‘ Figures beginning with July include At T. A 8 Fe, Gulf Col. A San­
ta Fe. Santa Fe Pacific (old Atlantic A Pacific) and So. California R y„
but not Sonora Ry. and N. M. < Arizona, which previous to July had
%
been included.
February. 1898,taxes and rentals amounted to $118,039, agst.
$179,917, and from J u ly l to February 23 $1,135,183, agst $1.372,879
after deduoting which, net for February 1898, was $%97,663. against
$3/5,240. From July l to February 23 net, after deduoting taxes aud
rentals, is $6,332,358, against $4.927,055.
t Inoludes Chesapeake Ohio A Southwestern from July l , 1 397 . Ohi®
18 9 7'
August 1, 1897, and Chicago A Texas fram October 1,
^ laoludes Chicago B Arlington A Northern for both years.
I Including inoome from fem es. Ac.
I

Miscellaneous Companies.
Gross Earnings.1898
1897.
$

$

Buffalo City Gas ....F eb .
........
Oot. 1 to Feb. 28. . . .
Oolum ous Gas Co. . . . Mar.
........
Jan. 1 to Mar. 3 1 ....
.
.........
Apr. 1 to Mar. 31 .. .
V .......
.........
Consol. Gas Oo .N.J.Mar.
• ....
Jan. 1 to Mar. 3 1 . . .
EdisonEl.Il.Co.Bkn Mar.
73,796
71,729
Jan. 1 to Mar. 31. .. .
238.778
225,295
Edison El. n.Co.,N. Y. Mar.
263.976
207,871
Jan. 1 to Mar. 3 1 ....
819,164
660,974
Grand Rap.Gha- UCo Mar.
........
. .. . . ...
Jan. .l to Mar. 3 1 ....
..«■■■. .
...... .
. . . . _t
Jaokson Gas-L. Co... Mar.
.... ....
Jan. 1 to Mar. 31 . . .
Kansas City (Mo.) G a s May 1 to Feb. 23. . . .
Laclede Gas-L. Co...Mar.
J a n /1 to Mar. 31.......
.........
........
__.... _
Madison Gas A Eleo..Feb.
........
Jan. l to Feb. 28.......
Apr. 1 to Feb. 2 8 .....
........
.. . .. . .
Mexican Telephone..Feb.
11,034
10,225
Jan. 1 to Feb. 28.......
22,026
20,872
Mar. 1 to Feb. 28.......
128.365
122,597
373,S78
Paoitio Coast Co.......Jan.
241,6*7
Deo. 1 to Jan. 31. .. .
72 *,534
499,633
Paoitio Mail. ........F e b .
365.924
363,181
Jan. 1 to Feb. 28.......
688,975
719,888
May 1 to Feb. 28....... 3,328,974 3,350,712
St. Joseph Gas Co...M ar.
_____ _
. . . . __,
' Jan. 1 to Mar. 31.......
July I t o Mar. 3 L .....
St. Paul Gas-Lt Co..Feb.
Jan. I to Feb. 28. . . .
........
........
Teun. Coal I. A RB..Mar.
Jan. I t o Mar. 3 1 ....
........
,
Western Gas Co.—
Milwaukee Gas-L.Oo.Mar.
'Jan. 1 to Mar. 3 1 ....
.......... .

-Net Earnings.—1898.
1897,
31,805
183,313
10,730
40,997
128,429
842
3,030
33,042
113,670
113,224
379,186
10,803
35,445
2,036
6.714

12,729»
44,911
134,735»
976
1.39U
33,282
107,682
94,419
324.970
10 917
36,836
1,689
5,825

267,720
81.555
257,976
4,172
9,315
47,741
4,530
7,932
47,57 L
107,513
180,964
48,054
100.587
612,9)6
5,381
14,663
45,079
23,254
53,327
86,397
223,432

73,21»
225,113
3,741
9,754
40,186
3 ,0 9 »
6.215
37,033
20.3 37
61.084
55,659
130,022
637,092
3.211
11,639
29,707
20,952
45,513
44,779
157,518

38,520
131,842

40,163
132,419

Interest Charges and Surplus.—The follow ing roads, in

Rnruls.
July 1 to Feb. 28. . . .

-lnl., Rentals, Ac. —-, r-Bal. o f Net Earn'gs,1898.
1897.
1898,
1897.
$
$

114,667
96.932
876,202
890,000
408,476
354,140
July 1 to Feb. 28 . . . 7,120.000 7,009.815 4,917.006 3,271.947
116,849
0. A East. IH........Feb. 129,734
*30.453
*29,95®
934,015 *384,127 *355,554
July 1 to Feb. 28....... 1,018,134

0. Burl.A Quincy Feb.

THE CHRONICLE.

A p r i l 23, 1898.J

,— hd.. Rentals, <6c.---- . < Bal. o f net E am ’g s .
—
1898.
1897.
1897.
1898.
Roads.
$
$
$
9
Ohio. A W. Mich........Feb.
34,427 def 18,233 def 12,696
34.895
Jan. I to Feb. 2 8 .....
68,696 def 43,346 def.40,5 45
69,766
8,484
Ohio. Term. Transí...Deo.
53.965
50,163
July 1 to Deo. 31.......
321,163
19,000
29,830
Choc. Okla. A Gulf... Feb.
3,895
20.000
76.000
171,787
74.994
78.000
Nov. 1 to Feb. 2 8 .....
17,232
241,358
Olev. Cin. Ch. A 8t. L.. Feb.
240,120
1,161
295,172
293,511
July 1 to Feb.328____ 1,932,438 1,904,769
14.254
S6.802
Peoria A Eastern.. Feb.
36,802
6,420
37,731 def.42,687
234,413
July 1 to Feb. 2 8 .....
294,413
201,737
5,147 def.35,2 »6
213,935
Denver A Rio Gr,de..Feb.
647,816
317,044
July 1 to Feb. 2 8 ..... 1,597,173 1,560,124
15,855 def.2.64? def.1,547
Det. Od.Rap.AWest. Feb.
16.889
31,716 def. 13,04 4 def.10,463
Jau. 1 to Feb. 2 8 .....
33,547
61,867 def. 22,455
533
53.223
Flint A Pere Marq. . . Feb.
103.394 def.21,790 def.2,650
Jan. 1 to Feb. 2 8 .....
105,570
80
10,068
3,034
Kanawba A Mloh___Jan.
11,323
18,494
71,800
5,351
July 1 to Jan. 3 1 .....
80,341
Kansas City (Mo.) Gas—
111,470
May 1 to Feb. 2 8 .....
156,250
24,955
115,163
27,482
Kan. C. Ft. 8. A M....Feb.
118,423
148.145
923,822
83,271
July I t o Feb 2 8 .....
937,203
30.350
Kan. C. Mem. A Bir..Feb.
16,459
16.507
7,982
140,748
July 1 to Feb. 28.......
127,562
125,559
138,96a
53,903
60,141
60,046
L. Erie A West’n ....F e b .
60,556
109,222
120,091
12 0 ,111
104,54 <
J a n .1 to Feb. 28.......
Long island R R ...... Feb.
98,238*df.l 13,326 *df.H6,425
101,749
July 1 to Feb. 28.......
813.664 ♦119,529
”88,150
817,750
109,101 * 129,343*df. 133,007
'df.
112,88 6
Long Island RR.Sys.Feb
902,915 *212,317
*79,860
July 1 to Feb. 2 8 .....
909,475
def.94,843
l£o. Kansas A Texas Feb.
285,841
910.551
July 1 to Feb. 28....... 2,235,002
126,660
6,378
5,417
126,569
NashV.Chat. A 8t.L..Mar.
329,622
305,896
July 1 to Mar. 3 1 .... 1,150,379 1,129,157
Philadelphia A Reading—
df.l 64,791
745,000
1,878,721
July £ to Feb. 28....... 5,960,000
29,371 df.138,950
262,720
280,484
Pitts. 0. C. A 8t. L...Mar.
159.214 df.134,577
799,998
Jan. 1 to Mar. 3 1 ....
823.376
7,708 def.1.298 def.2,616
7,708
Rio Grande Junot....Feb.
904 def. 5,8 2 7
23,125
23,125
Deo. 1 to Feb. 2 8 .....
14,107 def.3,687 def. 8 163
17,898
Rio Grande South....Feb.
1,116
112.658
11,275
120.636
July 1 to Feb. 28.......
19,104 def 7,915 def.l 4,262
19,004
San Fran. A No. Pao. Mar.
171,936
72,165
def. 252
171,036
July 1 to Mar. 3 1 ....
47.777
38.918 def.2,998
Tenn. Coal I. A RR..Mar.
47 479
143.331
86,045
14,217
142,437
Jan. 1 to Mar. 3 1 ....
41,761
*4,885
*5,179
39,077
Toledo A O. Gent...... Jau.
*52,929
*11,177
269.024
275,084
July 1 to Jan. 3 1 .....
22,673
1,039
22.073
def.693
Tol. Peoria A West..Mar.
207,030
def.30,494
201,056
13,737
July 1 to Mar. 3 1 ....
* After allowing for other income received.

STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the gross earnings for the latest
period of all s t r e e t railways from which we are able to ob­
tain weekly or monthly returns. The arrangement o f the
table is the same as that for the steam roads—that is, the
first tw o columns of figures give the gross earnings for the
latest week or month, and the last tw o oolumns the earnings
for the oalendar year from January 1 to and including suoh
latest week or month.
STREET RAILWAYS AND TRACTION COMPANIES.
Latest Gross Earnings.
G r o ss
E a r n in g s .

Week or Mo

Akron B edfd A Clev. March.......
Amsterdam 8t. R y .. February.
Atlanta Railway___ March.......
Ba timoré Con. Ry,*... M arch .....
Bath 8t. Ry. (Maine). Maroh.......
Bay Cities Consol_ March.......
_
Binghamton St. Ry... March.......
Bridgeport Traction. Maroh___
Brockton Con. St. Ry. January...
Brooklyn Elevated.. January...
Br’ klyn Rap. Tr. Co.—
Brooklyn Heights) Maroh.......
B’klyn Q’ns A Sub. 5
Charleston City R y.. Maroh.......
Citizens’ 8t.Ry..Indp. February.
Citiz ns’ (MunoieInd.) Maroh.......
City Elec. (Rome.Ga.) February..
Cleveland Eleotrio... February..
Cleve. Painsv. A E. March.......
Columbus St. Ry. (0.) March.......
Consoli’d Trae. (N. J.) Maroh.......
Dan v. Gas El. Light &
Street Ry................ February.
Denver Con. Tramw.. February .
Detroit Citi’ns’ 8t.Ry. Maroh.......
Detroit Eleo. Ry........ Maroh.......
Duluth St. Ry........... February.
Erie Eleo Motor C o.. February..
Ft. Wayne A Belle
Island (Detroit ) . . . . March.......
Galveston City R y ...
Harrisburg Traction. Maroh.......
Herkimer Mohawk 1
1ion A F’kfort El. Ry. Maroh.......
Houston Eleo. St. Rÿ. January...
Interstate Consol, oi
North Attleboro.... Maroh.......
Kingston City Ry...... Maroh.......
Lehigh T raction ...... Maroh.......
London 8t. Ry. (Can.). Maroh.......
Lowell Law. A H av.. January...
Metrop.(Kansas City) 2d wk Apr.
Metro. W. Side (Chic.) Maroh . . . .
Montgomery St. Ry.. Maroh.......
Montreal Street R ÿ -, March.......




Jan. 1 to Latest Date

1898.

1897.

9
6,555
3,645
6,882
173.695
1,560
6,52*
11.336
25,843
25.111
98,000

9
6,335
3,149
6,158
171,437
1,338
6,441
10,078
23,043
22.918
89,000

466,388
14,050
73,024
5,545
1,539
127,244
5,925
51,729
248,719

107,761 1,267,165 1,160,175
37,097
67,913 153,745 141,369
4,507
13,102
16,223
1,131
3,111
2,-69
115,513 265,327 239,691
14,886
5,859
16,796
47,668 153,118 137,331
225,458 712,955 644,727

1898.

1897.

$
17,064
7,924
18,791
493.645
3,970
18,6 9
33,383
74.412
25,11)
98,000

9
17,046
6,846
16,627
479 3 4
3,782
18 253
29,573
67,133
22,918
89,000

9,261
8,391
51,129 49,405
91.254 83,b53
33,441 34,363
13,638 11,969
9,116
10,103

19,200
107,602
266,951
98,373
27,997
21,089

14,858 13,755
15,668 14,559
18,457 16,188

42,466

39,036

54,273

47,230

3,579
16,623

3,720
14,072

9,641
16,623

10,671
14,072

10,297
3,777
7,205
7,787
30.705
37,649
109,668
4,479
i 14.677

9,523
3,914
7,855
6,825
27,54)
31,391

27,801
11,449
23,502
22,151
30.705
514.716
305,642
12,374
327,459

26,843
11.1V5
24,510
19,585
27,541
447,976

3,957
99,442

17,988
103,403
242.364
99,139
24,993
19,374

11,526
289,030

G ro ss
E a r n in g s .

807
Latest Gross Earnings.
Weekor Mo

1898.

Jan.l toLatest Date,

1897.

1898.
1897.
9
9
S
9
Nassau Eleo. (B’klya) M arch ..... 156.420 122,277 418,940 334.336
Newburgh Eleotrio... March.......
5,469
4,919
14, It
13.430
New Londoa St. R y.. February.
2,504
2,315,497
5,019
New Orleans Traotion February. 112,345 98,090 219.567 199,349
Norfolk St. Ry......... Maroh....... 11,673 10,713
32,828
30,026
North Ohio. St. R y ... 2 wks. Apr. 109.533 102,672 780,452 726,115
North Shore Traotion Maroh....... 103,9 <2 97,270 286,71» 277,720
Ogdensburg St. R y... March.......
1,183
1,0 IV
3,002
2.951
Paterson R y ............. Ma o h ..... 26,621 23,956
79,223
69,051
Richmond Traotion.. M a rch .....
9,777
7,5<'5
26,690
21,886
Roxb’ h Ch.H A Nor’n M a roh .....
6,860
4.476
17,3712,148
Schuylkill Val. Trao. M arch .....
4,459
3,8)8
12,34»
10,653
Scranton A Carbond’e Maroh.......
2,861
2.93
8,19 *
Scranton A Pitts ton M aroh.....
4,804
4,815
13,695
13,723
Scranton Railway
Maroh....... 29,523 27,351
8«.*6
78,913
Syracuse Rap. Tr. Ry. M aroh..... 36,6*2 33,962 108,519
96,156
Toronto R y ...., . . . . Maroh....... 92.318 78,891 261,283 223.182
Twin City Rap. Tran. February 150,756 L40 2 1 « 314,479 292.182
Union (N. Bedford).. Maroh. .. 13,429 16,70»
42,433
48.673
Onited Tract. (Pitts.) February.. 105 285 97,638 223,245 202,605
United Tract. (Prov.) February. 116,678 119,0 »4 255,256 248,217
Unit. Trao. (Reading) via rch ..... 12,620 12,016
3 S752
34,272
Wakefield A Stone.... Maroh.......
3,976
3,837
10,344
10,349
Waterbury Traotion.. Maroh____ 26,6t6 18,464
63.043
54.008
(Vest Chicago at. Ry Wk Apr 17 75,391 7 *,2 8 i 1,064,439 1,013.687
Wheeling Railway... January... 14,276 12,925
14,276
12,925
Wllkesb. A vVy. Valley February. 36.352 3*.449
76,708
73,868
* Inoludes Baltimore Traction and City A Suburban for both years.

Street Railway Net Earnings.—In the following we show
both the gros3 and the net earnings to latest dates of all St r e e t
railways from which we have been able to procure monthly
returns. As in the case o f the steam roads, the returns o f the
different roads are published by us each week as soon as re­
ceived, and once a month (on the third or the fourth Satur­
day of the month) we bring all the roads reporting together,
as is done to-day.
* - Qross Earnings.— »,----- Net Earnings.--*,
—

Roads.
S
$
9
$
Akron Bed. A Clev..Mar.
6,555
6,335
1,498
899
Jan. 1 to Mar. 3 1 ....
17,064
17,046
1,643
1.153
Albany RR. (N. Y.) b—
Jan. 1 to Mar. 3 1 ....
145,584
125,357
49,190
31,461
Amsterdam St. Ry...Feb.
3.645
3,149
694
178
Jan. 1 to Feb. 28.......
7,924
6.346
1,759
946
Atlanta Railway...... Mar.
6,882
6,158
1,405
1,42
Jan. 1 to Mar. 3 1 ....
18,791
16,627
2,355
2,445
Bath St. Ry.(Maine).Mar.
1,560
1,338
660
179
Jan. 1 to Mar. 3 u . . .
3,970
3,782
def. 119
412
Bay Cities Con.St.Ry.Mar.
6,526
6,441
2,424
2,474
Jan. 1 to Mar. 3 1 ...«
18,639
18,253
5.652
5,523
Binghamton St R y.. Mar.
11.336
10,078
3,546
3,042
Jan. 1 to Mar. 3 1 ....
33,383
29.573
9,695
6,632
Bridgeport Traot’n..Mar.
25,843
23,044
9,950
7,246
Jan. 1 to Mar. 3 1 ....
74,412
67,133
28,413
2 0 ,8 11
July 1 to Mar. 3 1 ....
247,917
238,167
113.786
94,241
Brookton Oon.8t.Ry. Jan.
25,111
22,918
10,369
7,022
Charleston City Ry..Mar.
14,050
3,315
Jan. 1 to Mar. 3 1 ....
37,097
9,651
July 1 to Mar. 3 1 ....
121,143
47,279
Oit.St Ky.,Mun (Ind )Mar.
5.545
3,029
4,507
1,911
Jan. 1 to Mar. 3 1 ....
16,223
13,102
8,722
5,768
Oity Eleo. ( Rome.Ga. 1Feb.
1,539
1,431
63
232
Jan. 1 to Feb. 28.......
3,111
2.869
16
442
Cleveland E leotrio.-Feb.
127,244
115.513
50,544
41,82
Jan. 1 to Feb. 2 8 .....
265,327
239,691
105,044
80,578
Clev. Paines v. A E..Mar.
5,925
5,859
2.486
2,720
Jan. 1 to Mar. 3 1 ....
16,796
14,886
5,626
4,950
Columbus (O.)St. Ry .Mar.
51,729
47.668
27,231
24,87 3
Jan. 1 to Mar. 3 l . . . .
153,118
137,331
80,091
70,746
Consol.Traot’ n.N.J.bMar. 248,719
225,458
123,561
116,704
Jan. 1 to Mar 3 1 ....
712,955
644.727
350.404
315.262
July 1 to Mar. 3 1 .... 2,309,091 2 , 122,002 1,180,753 1,052,760
Dan v. Gas El.-L.ASt.Ry.Feb. 9,261
8.391
4,830
3,768
Jan. 1 to Feb. 2 8 .....
19,200
17,988
9,743
8,338
Denver Con. Tramw..Feb.
51,129
49,405
19,010
20,950
Jan. 1 to Feb. 2 8 .....
107,602
103.403
39,439
42,506
Detroit Citlzens’ St. Ry .Mar. 91,254
83,953
41,554
37,175
Jan. 1 to Mar. 3 1 ....
266,951
242,364
122,376
109,621
33,441
Detroit Eleotrio Ry.. Mar.
34,363
11,640
11,533
Jan. 1 to Mar. 3 1 ....
98,373
99,139
34.648
31,030
Duluth Street R y....Jan .
16,091
14,089
6,582
4,045
July 1 to Jan. 31.......
1 2 1 ,4 4
125,623
60,387
59,200
Ft.W ’neAB.I.Ry(Det.)Mar. 14,858
13,755
5,690
4,24
Jan. 1 to Mar. 3 1 ....
42,466
39,036
15,571
11,93
Galveston City Ry..Mar.
14,559
15,668
def.51
3,718
Harrisburg Traot’n..Mar.
18,457
16,188
8,665
5,650
Jan. 1 to Mar. 3 1 ....
54,273
47,230
26,493
17,261
July 1 to Mar. 3 1 ....
180,566
166,377
84,564
65.491
Herkimer Mohawk Ilion
A Frank. Elee.Ry.. Mar.
3,579
3,720
1,664
1,852
Jan. I t o Mar. 3 1 ....
9,641
10,671
4,269
5,162
Inter-State Consol. Street
Ry. (No. Attleb.)...Mar.
9,523
2,091
10,297
1,472
Jan. 1 to Mar. 3 1 ....
27,801
26,843
2,228
1,965
7,855
Lahlgh Traotion.......Mar.
7,205
3,024
2,911
24,510
Jan. 1 to Mar. 3 1 ....
23,502
7,826
7,549
July 1 to Mar. 3 1 ....
83,666
87.957
41,383
39,804
6,825
7,787
2,563
London St.Ry.(Can.).Mar.
2,301
19,585
22,151
6,795
Jan. 1 to Mar. 3 1 ....
5,420
27,541
10,849
30,705
Lowell Lawr’oe A H.. Jan.
7,845
136,822
156,396
Metro’n 8 t. Ry.,K. C.Mar.
65,649
56,960
383,857
442,394
184,272
Jan. 1 to Mar. 3 1 ....
151,838
1,466,827
723,475
June 1 to Mar. 3 1 .... 1,614,270
625,509
109,668
49,325
Metr.W.8ideEl.,Chio.Mar.
305,642
118,815
Jan. l to Mar. 3 1 ....
3,957
4,479
2,022
Montgomery St. Ry.Mar.
1,735
11,526
12,374
5,732
Jan. 1 to Mar. 3 1 ....
5,442
4,919
5,469
1,829
Newburg 8 t. Ry........ Mar.
1,244
13,430
14,716
Jan. 1 to Mar. 3 1 ....
3,897
3,292
63,582
62,736
July 1 to Mar. 3 1 ....
26,760
26,084

808

THE CHRONICLE.
f— Gross Earnings.----» ,------ Net Earnings.----1898.
1897.
1898.
1897.
ft
$
$
$
def.337
def.339
2,504 • 2,318
166
5,492
def.458
5,019
33,869
112,315
49.789
98,090
65,096
93.946
199,349
219,567
t8,376
t31.536
83,857
87.745
56.007
182,721
180 450
42,853
176,930
173,536
519,258
498,368
9,947
10,073
23,621
23,956
26,994
79,223
31,047
69,05 1
*def.977
6,860
4,476
*d ef729
17,378
12,148 *def. 2,181 *def.3,684
129
4,459
1.103
3.818
def.594
12,349
2,502
10,653
1,427
2,861
1,278
2,931
8,193
3.319
12,333
29,956
1,644
1,802
4,804
4.845
13.695
4,166
4,923
13,722
18,168
50,315
12,658
29,523
13.274
27,351
39.652
86,861
35,551
78,913
290.343
149,267
124.785
270,538
150,756
60,360
71,9 j7
140,214
148,982
314.479
126,096
292,182
105,285
53,864
43,280
97,638
223,245
113,069
74,846
202,605
969,893
925,291
525,253
416,115
20,666
18,464
8,733
6.926
26,575
63,043
21,415
54,003
132.166
118,339
57,825
51,963
16,587
36,352
34,449
22,008
36,922
76,708
73,868
44,568

Roads.
New London St. Ry..Feb.
Jan. 1 to Feb. 28____
New Orleans Tract . Feb.
JaD. 1 to Feb. 2 8 .....
Nortb Shore Tr act’ n.. Feb.
Jan. 1 to Feb. 2 8 .....
Oct. 1 to Feb. 2 8 ...—
Paterson Railway...Mar.
Jan. 1 to Mar. 3 1 ..—
Koxb’ghChes Hill&N. Mar.
Jan. 1 to Mar. 3 1 ..—
Scbuyl. Val. Trac.to.Mar.
Jan. 1 to Mar. 31___
Scranton A Carbon..Mar.
Jan. 1 to Mar. 31......
July 1 to Mar. 3 1 . —
Scranton & Pifston.Mar.
Jan. 1 to Mar. 3 1 ....
July 1 to Mar. 3 1 ..—
Scranton Railway...Mar.
Jan. 1 to Mar. 31___
July 1 to Mar. 3 1 ....
Twin City Rapid Tr. Feb.
Jan. 1 to Feb. 2 8 .....
United Tract.(Pitts.).Feb.
Jan. I to Feb. 2 8 ___
July 1 to Feb. 28.......
Waterbury Trac.Oo..Mar.
Jan. 1 to Mar. 3 1 ....
Oct. 1 to Mar. 3 1 ....
Wilkesb.& Wy.Vy.Tr.Feo.
Jan, 1 to Feb. 2 8 .....

a Net earnings here given are after deducting taxes
to Net earnings here given »re before deducting taxes,
c Net earnings are after deducting taxes and tire and accident insur ance.
* After allowing for fixed charges and hood interest,
t Increase in expenses due to unprecedented snow-storm over New
England.

Interest Charges and Surplus.—The following S t r e e t
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &o., With the
surplus or deficit above or below those oharges.

fVoL. L X VI

P ittsburg & Lake Erie R ailroad.
( Report for the fiscal yea r ending Dec. 31, 1897.)
The annual report of President S. R. Callaway shows re­
sults as follows for the year 1897:
EARNINGS AND EXPENSES.

1897.
1896.
1895.
1894.
Earnings from —
$
$
$
*
Passengers....................
544,782
558,622
503,985
453,>05
Freight................................4,036,636 3,860 079 4,133,884 3,359.125Mail, express, etc.............
85,168
82,720
6b,987
67,945
Total earnings............ 4.666,686 4,501,421 4,704,856 3,880,175
Oper. expenses & ta x e s..3,224,693 3,117,340 3,390,096 v,655,62S
Net earnings............... 1,441,993 1,384,081 1,314,759 1,224,552
Per ot. of exps. to earns.. (69*10)
(69*25)
(72-05)
(68 * )
44
Other income.....................
15,920
39,500
16,¿>78
............
Total..............................1,457,913 1,423,581 1,331,137 1,224,552
Deduct—
Interest on bonds............. 220,000
220,000
220,000
220,000
Int. on real estate m ore...
14,871
21.44L
*
*
468,656
462,579
462.570
Rentals................................ 469,393
Half profit P. MeK. & Y.
.
RR. pd. L. ti. & M. S o ....
618
1,453
343
17,580
Dividends........ X................. 400.000
400,000
400,000
400,000
Total........................ -.1 ,1 0 4 ,8 8 2 1,111,550 1,032,922 1,100,168
Su rplu s............................... *353,031
812,031
248,215
124,384
"There were appropriated from the surplus of 1897: P, C. & Y„
sinking fund, $2,859; Mah State Line advances, $3,003; old ad­
vances, $ 9 ,-8 6 ; real estate mortgages, $61,088; new' equipment,
$(84,644; surplus for year, $91,553. In former years the interest on
the real estate mortgages was also charged to surplus instead of ap­
pearing in inoome account as in 1897 and 1896, above.
CONDENSED BALANCE SHEET DECEMBER 31, 1897.
Liabilities.
Construction............... $6,764,898 Capital stock............... $4,000,000Equipment.................. 2,903,351 Mortgage bonds.......... 4,000,000
Stock and bonds of
Real estate mortgage.
220,500
other com panies....
322,973 Oiv. payable Feb., ’96.
200,000
Real estate..................
220,500 Due u.S.& M. S. Ry. Co.
618
Bills receivable..........
2,000 Unpaid & accrued int..
85,000
Supplies on hand........
232.949 Due for wages, sup­
Due by agents.............
268,383
plies, eto. . . . . . ........
589,359
Cash on hand...............
669,319 Income aeoount Deo.
Current balances........
261,603
3 1 ,1 8 9 7 ..................... 2,550,500

Total............. ......$11,645,977
Total.....................$11,645,977
—V. 64, p. 230.
«
----Int., rentals, etc.-----» r-Bai. of Net E am ’s.—
1898
1897.
1898.
1897.
Cincinnati Ham ilton & Dayton R ailw ay System.
Roads,
$
$
$
$
( Report for the year ending June 30, 1897.J
Atlanta Railway......Mar.
1,250
1,250
155
179
Jan. 1 to Mar. 31
3,750
3,750 flef. 1,395 def.1,305
A statement has been furnished to us o f the operations1for
Consol. Tr. of N. J . . Mar.
115,471
110,718
8,090
5,986 the late fisûhl year, which; in connection with the reports for
Jan. 1 to Mar. 3 1 ....
346,425
330, b03
3,979 def.15,346
earlier years to the Inter State Commerce Commission and
Denver Oon.Traraw..Feb.
18 727
293
18.329
2,62t Poor’s Manual, make the following comparison:
Jan. 1 to Feb. 2 8 .....
37,495
36,550
1,944
5,956
*1897.
* 1896.
T893.
1894.
Paterson Railway...Mar.
8.900
9.000
1,173
947
Gross earnings o f
$
$
$
Jan. 1 to Mar. 3 1 ....
26,700
$
27,324
4,347
def.330 Cin. Ham. & Dayton... 1
f 2,651,725 2,406,952 2,596,189*
Waterbury Tract'n..Mar.
3,267
3,130
5.466
3,796 Dayton & Michigan... J
1,708,873 1,877,69 > 1,659,166
Oot. 1 to Mar. 8 1 ....
21,524
24,780
36,301
27,188 Cin. Ham. < Ind. RR ( ,
fc
Q- QJ
699,076
660,673
737,181
jCol.Findlay & Nor. R R.
35,888
44,241
40,769
Bowling Green RR .. . |
|
37,636
36,967
39,744
Cinoin'ti < D aytonRR. J
te
[
14,364
12,608
21,761

ANNUAL REPORTS.

Total gross earninga.4,627,352
5,147,562
Operating expenses—
Transportation.......... . 1
f 2,192.974
Annual Reports.—The following is an index to all annual Main, of equipment... |
| 547,757
491,672
reports of steam railroads, street railways and miscellaneous -Main, of way, eto........¡-3,228,632 {
General....... ...........- - 1
146,447
companies which have been published since the last editions
T axes............................J
[
160,994
o f the I n v esto rs ’ a n d S t r e e t R a i l w a y S u p p le m e n t s .
Total oper. ex p e n ...3,228,682
3,539,845
This index does not include reports in to-day’s C h r o n ­
ic l e .
Net earnings................... 1,398,670
1,607,717
Deduct—
R a il r o a d a n d M is c b l . C o ’ s
R a i l r o a d s a n d M i s . O o .' (O c m .)— Int. on C. H. .& D. b’ ds.
584,570
584,507
Volume 6 6 —
Page.
Votume 6 6 —
Page.
“
D. < M. bonds.. 136,400
fc
136,400
Alabama N. O. A T ex. P ac.Juno... 284 M exican International.............. 705, 711
“
O. H. & I. bonds. 126,000
126,000
American Bell Telephone .............. 662 Mexican National R R ................661, «68
American Screw Company.............. 382 National Starch Mfg. C o .....'■
“
floating debt ....n o t rep’ted.
x25*832
.......... 334
American District Telegraph........ 234 National Lead Co.........................
Other deductions............
«
381
X22.556
American Soda Fountain................ 333 National W all Paper........................ 758
Div’ds guar, under lease—
Am erican Straw Board ................... 333 N. Y. Chicago A St. Louis................ 263 Dayton & Mich., com ...
83.888
83,888
Am erican Sugar R efiningO o... ... 519 New Y orkA N ew Jersey Telephone 469
“
V
p r fd ..
96,900
96,900
Baltimore Ctiesapeake & Atlantic. 2S4 Norfolk A C a rolin a ................
233
Divs. on O. H. & D. st’k —
Boston A Mont.Cons.Cop.AS.M.Co. 707 Northeastern RK. (o f So. Car.)___233
Brooklyn W harf & W areh. Co...... 426
69,684
69,684
Northern Central R R ....................... 380 Guaranteed4% stock ...
Burl. Ced Rap. A Nor.........................670 Panama R R ........................... ,
70a Preferred 5% stock ..(5% )313,349 (5%)232,328
Canada Atlantic R y........................... 706

Pennsylvania; R R ........................467, 473
Canadian Pacific R y ..379. 516, 526, 757 Pennsylvania Steel.......................... 662
Central RR. o f New Jersey . . . . . . . 423 People s Gas Light A Coke...... 332, 382
Central Union Telephone................ 2«6 Peoria Decatur A Evansville R y ... 469
Charleston & -avannah........... . . . . 518 Philadelphia A E r ie ........... .......... 468
Cberaw & D arlington........................283 Phil. Read-. A N. B .......................... 571
Chicago & A lton..............................
423 Phil. W ilm ington A Baltimore___ 233
Chicago Junction Rys. A Union
Pitts. Cln Chic. A St. L ouis........... 756
Stock Yards Co
................ .. 380 yuincy Mining Co............................. 3»3
Chic. St. Paul Minn. & Omaha.424, 516 St. Louis Term Cupples Station A
Chicago Telephone.....................
234
Prop. Co., 9)4 months. .......... ... 51k
Chicago Great W est. half-year..235 2*3 St. Louis Vandalia A Terre Haute. 331
Commercial Cable C o........................ 615 Savannah Florida A W estern........ 51Consolidated K. C. 8m. & K ef........ 471
Soutb’n New England Telephone. 334
ConsolidationC<>al... ........................ 330 Spokane Falls A N orthern.............. 614
Cumberland Valley R R ..................
708Street's Western Stable Car Line.. 285
Delaware A Hudson Canal...... 232, 516 Summit Branch KR.......................... 332
Delaware Lackawanna & W estern. 232 Sunday Creek Coal Co..................... 334
Detroit Grand Rapids & W estern. 424 Tamarack Mining Co.......................... 614
Diamond M atch................................. 286 Tenn, Coal, I. A R R .......................... 671
Edison Elect. 111. o f B rooklyn.285, 333 Term. R<t. Ass’n o f St. Louts........ 572
Edisou Electric 111. o f Boston........ 333 Terre Haute A Indianapolis.......... 331
Edison Electric 111. o f New York.. 332 i'erre Haute A Logansport........... 331
E lectric Storage Battery C o........... 611 Terre Haute A Peoria..................... 331
F ort Worth & Denver City R y....... 758 Texas A P a c ific .................................. 569
Georgia & Alabam a........................... 518 Texas Central.................................... 51g
Georgia R R ................................. .. 614 Trenton P otteries .......................... gae
Grand Rapids & Indiana—
,...... 468, 767 Union Pacific Denver A Gulf........ 613
Huntingdon A Broad Top Moun­
Union Switch A Signal Co.............. 758
tain RR. & Coal Co.......................... 381 United Electric Secur , half-teai. 707
Illinois Steel. ..................................... 832 United States Leather..................... 435
Indiana A Lake M ichigan............... 331 W est Jersey A Seashore................ 614
Indiana 111. A Iowa ................ .. . . 671 W estern Maryland ........................ 232
Lake Erie A W estern........................ 424 W estern Stone Co...............
234
Lake Shore A Michigan Southern. 47 L Wilmington Columbia A Augusta. 181
Lehigh Coal A Navigation C o........ 380
St r e e t R a il w a y s .
Lehigh Valley
............. 15«, 181, 186
Volume 6 6 —
Page.
Manchester A A vgusta..................... 233
Maryland Coal C o.............................. 3*3 A lton Railway A illuminating....... 666
Minnesota Iron.....................*.......... 663
Cincinnati Newport A C ovington .. 766
Missouri Pacific..
.................. .
617! Louisville Railway .......................... 61«
Mobile A Birmingham ............. .
424 Twin City Rapid Transit C o...424, 469
M exican Central............................... 424 | United Traction Co. o f P ittsburg.. 169




5,039,136 5,094,811
2,157,565 1,767,412
495,024
472,100
’ 462,680
507,935
135,426
461,398
160,455 .161,562
3,411,150 3,370,407
1,627,986 1,724,404
584,800
136,400
126,000
X34.167
xl,2 8 4

585,815
137,338
126,000
X47.655
x42,000

83,888
96,900

83,888
96,900

69,112
z200,000

64,835
2200,000

B alance.................... df.12,121 sr.229,622 sr.2J5,434 sr.339,973
x As reported to Inter-State Commerce Commission,
z The stock on which this was paid has sinoe been increased and
made 5% preferred.—V. 64, p. 682.

Lehigh & W ilkesbarre Coal— Central RR. o f New Jersey.
CReport fo r the year ending Dec. 31, 1897.)
W e have received the follow ing official report regarding
the finances and operations of the Lehigh & Wdlkesbarr©
Coal Co., which Is controlled by the Central RR. of New
Jersey:
Property.—The company owns 21,000 acres o f anthracite
coal lands and holds 3,000 additional acres under lease. It
operates thirteen collieries and leases about 4,000 acres of its
coal lands to various individual operators.
Stock.—The capital stock is $10,000,000, of which $9,212,500
is outstanding, $6,600,000 of this being owned by Central RR.
of New Jersey.
Bonds, Etc.—Of the consolidated mortgage seven per cent
bonds only $54,000 are guaranteed by the Central RR. of New*
Jersey, the holders of the other bonds having freed that com­
pany from liability therefor, on condition that it shall not
collect interest on the $6 , 1 16,000 consols which it holds prior
to their maturity unless such interest is earned, this agree­
ment being stamped on the bonds. A sinking fund for bonds
due 1912 is provided from sales of surface lands and from 10
cents for each ton of coal mined on property included in the
first lien ; no drawings.

809

THE CHRONICLE.

A p r il 23, 1898,]

The real estate mortgage for $50(1,*’ 0') shown below is a
first mortgage on unencumbered lands for $5 0,000 originally
deposited as security for the payment of Lehigh Coal & Navi­
gation Company’s bonds assumed by the Lehigh & Wilkesbarre
Coal Co., which matured Dec. 15,1897. The Fidelity Insur­
ance Trust & Safe Deposit Co. of Philadelphia advanced the
money for their payment, and is secured by an assignment
of the real estate mortgage above mentioned, bearing 6 per
cent interest for two years and six months, or to date when
the Lehigh & Wilkesbarre consolidated mortgage bonds, due
June 1, 1900, will mature, and be provided for in the refund­
ing of the companv’s indebtedness or otherwise.
Floatinq Debt.—There is no floating debt other than that
•due the Central RR. of N. J. except $375,C00 borrowed

idle. However, we have had our new machines adapted to making
eyelet-holes as well as button-holes, and are now able to supply either
the lace or button trade. During the past year we have been to a
large expense completing the special tools and adding new machinery
for producing the new machine, which we are pleased to say is now
finished and is being successfully placed upon the market. This ma­
chine cuts, works and bars the button-hole, and its capacity is from
ten to twelve thousand button-holes or eyelet-holes per day. Our
business in other lines than the boot and shoe trade has increased, the
output of machines during the past year being almost wholly for col­
lar and cuff, shirt, clothing and miscellaneous lines.
“ Notwithstanding that the last year’s net gain enabled us to pay
dividends amounting to $170,000, we consider as a matter of business
prudence, and as the earnings of the different quarters vary, to make
the basis of the dividend 3 per cent quarterly and declare extra divi­
dends as often as the earnings will permit. We have paid in divi­
dends to date $1,502,500. We see no reason why we cannot control
the button-hole trade for many years.”

Sw ift & Company.
Annual Report.—Fiscal year ends December 31. Follow­
( Balance Sheet o f Dee. 31, 1897.)
ing is a report for year 1897 and compsrison with year 1896
The company’s latest statement filed with the Massachu­
and also 1893 and 1892. [W e have added the years 1892 and
setts Commissioner of Corporations compares with last
1893.—E d .]
year’s statement as below :
1892.
1893.
1896.
1897.

Net earnings............. 837,484
Fixed charges.................. 735,579
Deducted from the valu­
ation of coal lands and
improvements as a de­
preciation charge to be
paid into the sinking
fund, ten cents a ton on
coal mined during the
year, amounting to ---- 201,855

1,435,630 1,271,496

524,508
745,8251

986,601

972,712

1F98.
....$2,313.609
...... 8,040,658
. . . . 1,215,772
. . . . 7,532,907
. . . . 8,779,669
. . . . 2,152,111
....
854,976

...$30,889,705
Liabilities—

Balance profit and loss.

$25,194,874

...$13,767,300
.. . 2,500,000
... 13,961,017
661,388

Assets—

1897.
$2,313,609
6,708,329
1,161,935
4,309,331
8,165,529
1,904,180
631,978

$13,767,300
2,500.000
8,262,607
664,9 67

...$30,889,705

2,870,932 2,627,192
Tons coal mined............... 2,132,042 2,401,451
$
$
$
$
7,962,025 10,776,667 6,226,150
fíales of coal..................... 7,408,835
280,672
311,444
423,422
Other income.................. 289,293
Total gross................ 7,698,128 8,385,417 11,088,211 6,506,822
Mining expenses, &c. - 1 q 860 6 4 1 $ 7’7Z?’ 2™ £ 9,652,581 5,235,326
Newtun’ls,open’gs,&c. >
’ hi
81,279 £

$25,194,874

—V. 66, p. 132.
227,66 2

,
Deficit or sur., includ. ___
ing sinking funds ..def.99,749def 448,979 sur.449,029sur.298,784
Interest paid on consols.
t n o , nn
oooikk
held byCent.RR.of N.J.
None.
None.
428,120 298,155

GENERAL

INVESTMENT

NEWS.

Reorganizations, Etc.— Latest Data as to Defaults, Reor­
ganization Plans, Payment o f Overdue Coupons, Etc. A ll
Balance.....................def.99,749def.448,979 sur.2<\909
sur.629
facts of this nature appearing since the publication of the last
Indebtedness.—Following is a statement of the indebtedness issues of the I nvestors’ and the Street R a il w a y Supple­
of the company on Dec. 31, 1897, 1896 and 1893 :
ments may be readily found by means of the following index.
DEBT ON DECEMBER 31.
This index does not include matter in to-day’s Chronicle.
1893.
1896.
1897.
As to some smaller companies see also p. 572, issue of Mar. 19.

Funded debt—
®
First gen. 6% stg. M., due May, ’99.
190,000
•Consol. <%mort. due June 1, 1900.. 5,381,000
do
held by. Cent. RR. of N. J .... 6,116,0^0
do
coupons not collectible till
June 1,1900, held by C.RR.of N.J. 5,900,672
Five per centmort. due in 1 9 1 2 ..... 2,-701,000
Income bonds held by c . RR. of N. J. 2,353,000
Real * st. 6% M. (ext. to June 1,1900)
500,000
Six per cen loan due in 1 8 9 4 ......................-----Mortgages..............................................
10,COO

$

$

837,000
367,000
5,3«4,000
MHRHRHV 5,384-,000
•
6,116,000 6,116,000
5,472,552 4,188,192
2,712,000 2.872.000
_
2,353,000 2.353.000
500.000
500,OuO
617,500
” - -- 137,313
10,000

Total funded debt......................... 23,154,672 22,914,552.23,005,005
Of which held by Cent. RR. of N. J ..14,369,672 13,941,552 12,6o7,192
Balance held by public....................... 8,785,000 8,973,000 10,347,813
bloatingaebt—
. _ .
Bills pay able.. . .
. . . . . . . . . . . . . . . . . . 3,400,224 3,400,224 2,954,491
Other indebtedness......................
3,012,704 3,236,990 2,463,693
......... 6,412,928 6,637,214 5,418,184
(?)
Held by Central of Ñ. j ......... .......... 6,037,928 6,262,214
Balance held by p u b lic...............
375,000
375,000
Total of all debt held by public........ 9,160,000 9,348,000

(?)
(?)

“ The other indebtedness is composed largely of items rep­
resenting au accrual of book charges covering a period of
nearly twenty years and covered into a special profit and loss
account.
During the period from 1898 to 1896 the company in­
vested for additional property, new breakers, and made ex­
penditures account of future business, which have been
charged to capital account, nearly one million dollars.—Y .
fi5. p. 1114.
Reece Button Hole Machine Co.
("Report fo r the year ending March 31, 1898.J
The annual report permits of the following comparisons:
Year—
1898.
Royalties.......... ........................$234,437
Merchandise............................... 65,' 91

1897.
$253,778 ;
62,427

Total gross............................. $299,528
$316,205
Total expenses............
127,690
114,065
Dividends................... .
(17%) 170.000 (20%) 200,000
Surplus............. ...................

$1,838

BALANCE SHEET MARCH

Assets—
1898.
Machinery.................................. $208,209
24,402
■Crude n erchandise..................
•Cash.......... ..................................
33,649
Accounts receivable................
45,547
Merchandise...............................
31,595
Machines leased........................
440,950
Patents................................
483,950

$2,110
31.
1897.
$150,043
23,582
56,447
40,039
47,246
423,100
507,799

1886.
$348,436
$348,436
114,616
210,000

$.3,820
1896.
$136,576
21,788
60,086
34,632
50,434
411,600
519,300

R a i l r o a d s a n d M i s c e l . C o .’ s .

Volume 6 6 —

Page.

R a il r o a d s &

Mis. Co.’s—(Con.)—

Volume 66—

Page.

A c e t y le n e L .H .& P .C o o f Phil recv. 708 St. Louis Union Stock Yards., .sale. 575
A d am s E x press .. official circular. 470 So. A tl & O h io................. .. sale.575, 617
Addison & Pennsylvania......... sale. 573 South Jersey......................... ,. .sold. 665
Amer S te e l* W ire. co»*ol. effected. 615 Southern Pac. HR. o f Cal.. .cons* l. ^61
B. & o ................... Default, etc. 470, 663 Summit Branch R R ......... . rtorg. 575
do Reorg.-plan progressing— . . . . "08 T oledo St. Louis & K. C......... .sale. 710
Central Ohio R R ......c o u p o n paid. 470 Union P a c . ... . . ..payment of 1st 6s. 288
do
Morgan notes (gold O of '91) 427
s
C entralla & Chester .... recvs.etfs. 573
do coU.for Osof 1879 sold.288,385, 427
Central Vermont ...new committee. 708
do sale of coll, for tr. mort. of
do vavt.ofint.byOr. Trunk.7O . 75^
S
1883..........................339, 427, 617
Central W ashington RR
. .sold. 183
do final notice to stockholders— 339
Chicago R. I. & Pac.. refunn. .235, 288
do new secwritie listed... 62i , 617, 618
Col. & H ock. C. & i.recv.discharged. 183
do paym-nt of bonds
.......521, 665
Ool. Hock. V. & T ol.. Mar. com on. 471
Colorado M idland.. .new se'W 'ties. 708 l U n.Pac. payment of certs, for cail.tr,
6sor 1879.. ................... . . . . 521
Col. Sand. & H o ck ...... revs. ctfsA71, 578
do new securities ready............... 617
Cumberl’d Telep. & Tel. Co. consol. «16
Denver & Rio Grande., .refunding. 236 Union Pacific Lincoln & Colorado
R y .... V. P. offer accepted . .585, 473
Ensley Land Co........................ reorg. 573
G alveston L a Porte & H o n st.. sab. 708 W est V irgin ia * Pitts........ default. 665
■
General E lectric............ readjust. 708 W heeling & Lake Erie.. Toledo Belt ■
coupons paid,.... ................... . 530
Great Northern........... ..new bonds, 471
H utch’n (Kan. iW ater, L,& P .reorg. 664 W isconsin C e n tra l............... reorg. 385
do
d o'
reorg notice. 530
International Paper Cos.
consol. 288
do
do intervening suit. 575
Johnson Steel C o.................. merger. 709
LakeS.AM ich So.pe' d’aconsol.237. 288
S t r e e t R a i l w a y s ., ;
Little Rock & Memphis........... tale. 471
Memphis & Charleston... .sold..237, 472
do
do new securities. . 760 Akron St. Ry. & 111......... recvs. ctfs. 573
M exican N ational.............. readjust 760 Asbury Park & Belmar............. sold. 616
Michigan Central ...amalgamation “ « « Brooklyn El. RR.2 dinsial.of asses. 883
Musk. Gd. Rap. & Ind.conp.. .paid. 426 Cincinnati Inc. Plane................ salt. 471
New Amsterdam Qas.n ew secunt’s. 616 Columbus (Ga.). . ............... reorg. 759
N. V. & E. R. (Jus.consolidation.SS7, 520 Columbia & M a r y l a n d ...........s Id. 664
N Y. Biscuit_ plan underwritten. 237 Denver C ity............................w s . 610
_
N.Y.C.& H.R.pend’o consol 237, 28“ , t 64 E astW areham Onset Bay & P t.
Ind ........
..sale. 664
New York Phil. & Nor . .reorg .665, 760
N.Y. Bus. & W . RR.. exch. of stlc.574, 665 Kings County Eievated.recus ctfs. 709
No. Pac.Ry offertoGen.First.6s.SS7, 665 Lakeside Ry. (Mahanoy City, Pa.)
applic.foi recvr. 760
Ogdensh. & Lake Champ......... sale. 674
Oregon' Improvement..assessments. 521 Lynchburg E lectric.................. .sold. 472
New Orleans T r........................ reorg. 617
Pecos Val. R R ...... sale. 617, reorg. 7» 9
Penn H e a t, Lt.&Pow.plan effective. 384 Norfolk & Ocean V iew .......sale. 617
Peo. D bc.& Ev .deposit notice.. 184, «65 Park City ( Bowl ing Green, Ky .)sold. 472
default. 473
Pnil. Read. & N. E ........... plan.574, 771 Svracuse Fast Side Rv.
Saratoga Gas & Elec. L ............ sale. 665 Tiffin & Fostoria (O.) E lec. By.sold 762

Albany Railway C om p a n y .— Earnings for the quarter and
the nine months ending March 3 l have been reported. .
Net
Other
3 mos. ending
Gross
Harch 3 1 —
earnings. earnings, income,
.....
$735
1 8 9 8 ....................................$ 1 4 5 ,5 8 4 $ 4 9 ,1 9 0
960
1897
..,»
.................. 1 2 5 ,3 5 7
3 1 ,4 6 1
9 mouths—
.
______
$2,145
1898
........................$ 4 6 9 ,8 3 5 $ 1 7 3 8 1 5
1,934
1 8 9 7 ................................... 4 1 2 ,3 6 4 1 4 1 ,3 3 0
—V. 66, p. 132.
,
,

Interest,
taxes, die. Balance.
$24.961
$24,964
13,717
18,704
$74,092 $101,898
87,217
56,097

American Hard R ubber C o —R ubber Companies’ Con­
solidation.—Incorporated.—The Amt*rican Hard Rubber
Co. of New York City, with a capital of $3,500,00), was in­
corporated at Adbany on Wednesday. The new company
was formed to purchase the business of the India Rubber
Comb Co. of New York, the Butler Hard Rubber Co. of New
Jersey and the Goodrich Hard Rubber Co. of Ohio. The di$1,248.256
$1,234,416 rectors are Fri z Achelis, Richard Butler, Charles A. Hoyt,
Total assets.......................... $1,274,302
Liabilities—
$1,000,000 Albert T. Morse, Edwin W . Belcher, William W . Weitling,
Capital stock............................... $1,000,000 $1,000,000
5,463 Frederick G. Dow of New York City, and George T. FerAccounts payable.....................
41,372
17,164
228,953 kias and Henry C. Carson of Akron, O.—V. 6 6 , p. 519.
Profit and loss surplus...........
232,930
231,092
American Sardine Co.—Organized.—This company, with/
Total liabilities..................... $1,274,302
$1,248,256 $1,234,416
As to the reduction of the quarterly dividend due April 15 to 3 per a capital of $ 3 ,000 .0 00 , has been organized under the law 3 of
-«ent, the directors say: “ The company’s Income the past year was Maine to operate 51 factories situated oa the eastern coast of
reduced principally by the large quantities of laced shoes which have Maine. The plant, it is stated, will have an annual output of
been made, causing many of our machines in the shoe line to remain




811)

THE CHRONICLE.

1,000,00') cases. S. G. Stevens, of Brookline, Me., is menIt is stated that the earainars for the first six: montha «r a . « . . . ,
tsoned as a promoter of the new company.
equal8 to W
aafnnrplU9 ? v® tli1f half-year's charges of $210,000, w hicifi».
,r
equal to a full year’s dividend of 5 per cent on the preferred atnnv
Tobaceo.—Continental Tobacco.—New Interest
which tte road ™
has
in Mmugement.—Probable Termination o f Tobacco W ar.— HP'and it is believed that the bill passed by thebeen gradually flUinff*
House of Rem-esema
e shares of the American Tobacco Co. have been very ac- w H rOT d " 8 f ? ? the opening o f the rndiau Territory for settlement
tive this week on reports that at the annual meeting May 11 r ” 6 eonourred in by the Senate, in which case therew ill be a la r* «
influx of immigrants both from the North and from the South
w p a riw l change ,wRl be made in the management. The
18 about completing a connection with the line of °the ‘ Pitta*
.
books, which closed on April 15, show extensive
Kansas City & Gulf RR., and is extending its line to the w estt ansfers of the stock. Col. Oliver H. Payne has acquired a ward, so that a further increase in earnings is expeoted The cost of
1 °f
arge amount of the stock, and other considerable amounts the extensions has already been provided for“- V . 66, p .T 3 3 .
have been transferred to John G. Moore, G. B. Schley and
Cincinnati Inclined Plane Ry.-Cincinnati Street Ry.—
their business associates.
Purchased.—A t the foreclosure sale o f the Inclined Plane Rv
TJ?e belief isi that the new interest will terminate the un­ on April 14 the road was bought by Cha3. H. Kilgour of the
profitable warfare between the company and the manufac­ th n i 1tlnatl S treeti Rail™W Co- f °r $378,000, or $9,500 more
turers of plug tobacco. Advices from St. Louis say that a than the upset value.— V. 6 6 , p. 471, 616.
new company, to be called the Continental Tobacco Com­
A idl an? B yr AsPea Short L i n e .-S t a t u s .Mn
p l y » will shortly be organized, with $50,000,00» capital, to ab­
sorb all the plug tobacco charters of the country. President Ur the 1108,0JO first mortgage bonds, between eighty and
Drummond, of the Drummond Tobacco Co., will be its ninety of the bonds have assented to the exchange of their
holdings
President, James B. Duke o f this city, who is Presi- preferredfor the Colorado Midland fours and fifty per cent in
stock.— V. 6 6 , p. 708.
dent of the American Tobacco Company, Vice-President,
an4 f >ler_ Lorillard Treasurer. Plug tobacco and cigarette
r®
Davenport Gas & E lectric.— Change o f Name.—The Con­
and smoking tobaccos, it is proposed, shall be manufactured solidated Gas Electric Light & Steam Heating Co. of Daven­
separately in the future. The New York “ Sun” says: “ The port, la., has filed amendments to its articles o f incorporation
American Tobacco Co. will keep out o f the plug tobacco field changing its name to the Davenport Gas & Electric Co. and
mu ai 6 ? ew- Continental Co. will make no smoking tobacco. its capital stock from $400,000 to $800,000.
Loms advices stated that the important firm of L ig­
D etroit City Gas Co.—The New Bonds.—The $3,885,000 five
gett & Meyers had not yet signed the plan for, the new company, but would do so. The Drummond Tobacco Co. has per cent 25-year bonds issued by this company and listed last
week on the New York Stock Exchange were used for the
annulled all its agency appointments and notified its former following purposes:
agents that it will henceforth make them fixed prices, with
To take up all the old first mortgage six uer cent lien
sftv ann nswv
no commissions or rebates.”—V. 64, p. 950.
..........* ’ Em o o o
To exchange for the old consol b o n d s ............... .
A nthracite Coal Roads.—Appeal Dismissed.—The Court To exchange for the old income bonds................ .............. .*.**." 134)oOG
of Appeals on Tuesday dismissed the appeals taken by the
l ° i al- " - ■■•■■ ■■ ............................ .........................................$17885.000
■■ ■ —
State from the decision of the Appellate Division of theSuih e authorized amount o f bonds is for $6 , 000 , 000 , to be ispreme Court, a decision which vacated the order originally
granted by Judge Chester compelling the presidents of the ™ fd UP S l 5’in 0,000 retire the remai“ der of the old bonds
n
so called coal ” railroads operating in New York State to [viz., $1 040,000 consols and $66,000 incomes] and $1,000,000
reserved for improvements. When the exchange is com­
appear before the referee and be examined for the purpose of
ascertaining whether or not an unlawful combination existed pleted the new bonds will be the first and only lien upon the
lor the purpose o f raising the price of coal. The appeals property; in the meantime the old securities received in ex­
were dismissed on the ground that they are not reviewable change are held alive in the hands o f the trustee o f the new
by the Court. The Appellate Division of . the Supreme Court mortgage to assure to the new loan a prior lien on the prop­
vacated the order on the ground that the Attorney General erty. ih e application states that 76 per cent of the $2,00» 000
did not properly draw the affidavits on which Judge Chester consols are under contract to exchange for the new bonds.
« qq
earm ngsof the company in 1897 are given as $279,issued the original order.—V. 64, p. 234.
698.— V. 66 , p. 759.
*
—Arizona Im provem ent Go.—Meeting
Fairhaven & New W hatcom Street Ry.—Northern Ry. &
A u'
bondholders’ committee, con­
sisting of Charles S. Fairchild, Morgan G. Bulkeley, Andrew Improvement Go.—Property Transferred.—The Northern
Crawford Arthur B. Leach and William H. Barrows, an Ry. & Improvement Co. has become, it is stated, the owner o f
nounces that a plan of reorganization has been prepared, and all street railways, the right of way, franchises, cars,
that a meeting of the holders of the certificates issued on the buildings, power house, tracks, etc., until recently belonging
deposit of bonds will be held at the office of the New York to the Fairhaven & Whatcom Street Ry.
3
8 5
& Trust Co. at 12 m . May 23 to take action thereon.
L F^
r lh J
City.—Atchison Topeka & Santa
—rV. 65, p, 1623.
Fe Ry.— Transfer o f 18 Miles o f Road.—The Fort Worth &
A tlan tic Snuff Co., o f Camden, N. J.—Incorporated.—This Denver City has sold to the Atchison Topeka & Santa Fe
company has filed articles o f incorporation at Clarksville, the short branch between Washburn and Panhandle City.
lenn. The capital stock is $10,000,000, in shares of $100 each. Texas, about 18 miles, and the Santa Fe has also been acnrQ °^ ,panyT0wris the large Stewart-Ralph snuff factory at corded trackage rights from Washburn to Amarillo, where
®.C
Clarksville. James E. Bruton, of Nashville, of the firm of it will meet the Pecos Valley & Northeastern when the lat­
.Bruton & Condon, is an officer of the new corporation.
ter s extension to that place is finished.—V. 6 6 , p. 758, 519.
, 3 IUeT ? i 4 f e & .£ tla a tic -T a llu la h F alls R y.-R eorga n - a
BR* Central Vermont R R .—Report f o r
He“; ~ T he Blue Ridge & Atlantic, which was foreclosed April Six Months Ending Dec. 31.—The pamphlet report o f the
Trunk RR. Co. for the six months ending Dec. 31,
4i?’ '^ a811 t? rJ
ae^ ever on April 1 to a new company enti­
r
t y the Tallulah Falls Ry. Co. The road runs from Cor- 1897, is at hand, showing:
neha, Ga., to Tallulah Falls, 21 miles. George Lewis Pren- 6 mos. to
Oross
yet
Net, incl. Rentals, Balance,,
Dec. 31—
receipts.
^fffyngs. other inc. interest, die. surplus.
1 706
81 ^ assau Street, New York, is President.—V. 64,
? & ? rig.Iit0“ Beach MR.—Receivers' Certificates
T
JudgeMaddox, in the Supreme Court in Long
Island City this week, granted the application of receivers E
L Langford and G. W . Palmer for permission to issue re­
ceivers certificates to the amount of $50,00 », in order to make
improvements and pay the wages of employes.—V. 66 , p, 287.
Branch Union Pacific RR.-Atchison & Pike’s
re&K RR —Agreement Operative.—Penalty A fter Mau U —
The Borg Committee gives notice that the bondholders’
agreement of March 9, 1896, has become operative, as provided in Section 2 thereof. The time for deposits with the
ifiaa°\Tra st£ 0 u °i
York ha! been extended to May 14,
i« » 8 , alter which date no bonds will be received, except upon
such terms as the committee may then impose.— V. 65, p. 869.
Chicago Rock Island & Pacific Ry.—New Bonds to be
P eaay on Mon /a y .-T h e CentralTrust Co. will begin on Monday to deliver the new 4 per cent general mortgage 90-year
gold bonds m exchange, for its certificates representing the
offi bonds deposited; also to make the cash payments, as
stated in said receipts, on presentation thereof at its office.—
V. 66 , p. 759.
Chicago & West Michigan R y — Coupons.— The directors
have voted “ that the Treasurer pay the holders of the cou­
pons due May 1,1898, of Chicago & North Michigan RR. Co
5 per cent bonds one half the amount of same in cash and
the other one-half in ten year coupon scrip of the same form
and on the same basis as that heretofore issued.”— V. 66 , p. 38.
Choctaw Oklahoma & Gulf RR.—First Dividend.—The
company has declared a semi-annual dividend of 2% per
cent on the preferred stock. The dividends on this s^ock be­
came cumulative Nov. 1 , 1897. “ Philadelphia Ledger” says:




1897................£2,247,151 *812,347 £920,235
1 8 9 6 ............. 2,111,534 =
707,607
1895................--------- -----■ -------------- 1,983,963 544,173
634,252
—V. 66, p. 475, 759.

£644.972 £275,263
668,520
39,087
.................................

Hagerstown & State Line R R .—W estern M aryland R R .
Organized, to Build E x ension.—Tne Hagerstown & State
Liae RR. Co., which is the sub-company formed to build the
branch o f the Western Maryland Railroad from Hagerstown
to Altenwald, Pa., has organized with John M. Hood as President, and J. T. M. Barnes as Secretary and Treasurer.—
V. 66 , p. 282.
Herkim er L ight & P ow er Co.—Consolidation Completed.
—This company has been incorporated at Albany with a cap­
ital stock of $400,000 The new corporation has absorbed by
consolidation the Herkimer Gas Light Co, of Herkimer
the United Gas & Electric Light Co. of Little Falls and
the Ilion & Mohawk Gas Light Co. of Ilion. The directors
are William F. Cochran and Alexander 8 . Cochran, of Y on­
kers; George E. Weed, Maitland F. Griggs, Thomas E
O'Shea, Henry Stanton, Robert P. O'Shea and James F.
O’Shea, o f New York City, and Thomas Ring wood, of Ilion!
Illin o is Car & Equipment Co.— Mortgage Filed.—The com ­
pany has filed its mortgage for $1,250,000 to the Illinois Trust
& Savings Bank of Chicago, as Trustee. Tae mortgage
covers all the property formerly owned by the United States
Car Co., and is made in accordance with the plan of reorgan­
ization.1
—V. 66 , p. 343.
K n oxville & B ristol R R.—M orristown & Cum berland
Gap RR. $1,000,000 Mortgage B'ile 1 by Reorganized Com­
pany. - T h e Knoxville & Bristol RR. Co., successor of the
Morristown & Cumberland Gap. foreclosed, has been Organ­
ized, with Adolph Segal, of Philadelphia, as President and
has filed a mortgage for $ 1,000,001 to the Security & Trust
Co. of Camden, N. J., as trustee. The new loan covers the-

A p r il 28, 1898,1

THE

C H R O N IC L E .

1

line already constructed from Corryton, Tenn., via Tate
North Chicago Street R R .—New Stock Is'me.—The resolu­
Springs (Bean Station) to Morristown, 40 miles, and also the tion of the directors that the stock be increased $1,320,000,
proposed extensions thereof to Knoxville and Bristol. When to $7,920,000, was as follows : ,
Completed the road will run from Knoxville via Corryton
“ Whereas, This company expended about $2,500,000 in extension
and Bean Station (thus embracing 29 miles o f the present of tracks and changing of horse-car road into eleotrio tramway, bulLding poorer stations and other appurtenances; and'
line) to Bristol, the terminus of the Norfolk & Western, a
Whereas, These Improvements w*re partly paid for by an issue o f
distance of about 120 miles, while the remainder of the pres­ bonds and an issue of $1,100,000 of the stock of this company; which
ent line will exist as a branch of 11 miles to Morristown. left a balance still due, which is now standing on the books o f the
The authorized capital stock of the Knoxville & Bristol is company; and
“ Whereas, There are $500,000 of debenture bonds, which are now
$1 0 0 0 .000 . Mr. Segal’s address is Drexel Building, Philadel­ payable, and it is considered to the best, interests of the company that
phia.—V 6 6 , p. 426.
the debenture bonds should be paid and canceled as opportunity pre­
Lake Superior Consolidated Iron Mines.— Cancellation sents it-elf, and that the outstanding indebtedness should be liqui­
dated; therefore
o f Mortgage.—The company is taking steps to cancel its
“ Resolved, That an issue of 20 per cent of the capital stock no w out­
mortgage, no bonds being now outstanding. After May 1 its standing be made—which would amount to $1,320,000—and that
stockholders of record April 2% at 3 o’clock p . m . , be given the right
office will be moved to 26 Broadway.
to subscribe to 20 per cent of their holdings at par, payments to be
Lake Shore & Michigan Southern R R .—New York Cen­ made as follow s:
“ One-half to be
the 2d
tra l & Hudson River RR.— Deposits o f Stock.—It is cur­ 15th day of June, paid on—V. 66, day of May, 1898, and one-half on the
1898.”
p. 761.
rently reported that about $41,000,000 of Lake Shore stock,
Pecos Valle? & Northeastern Ry.— Contract made fo r ex ­
out of a total issue of $49,466,500, has been deoosited with
the Guaranty Trust Co. for exchange into New York Central tension.—S. H. Mallory & Co., Caicago, have received the
contract for building the extension from the present terminus
bonds per plan in Y, 66 , p. 237, 288.—Y. 66 , p. 760.
at Roswell, N. M., northeast 208 miles to Amarillo, Texas, to
L ittle Rock & Memphis RR. —
Sale Postponed till May 18. a connection with the Atchison. The contract calls for com­
—The foreclosure sale which was to have been held at Little pletion of the work by Dae. 15.—V. 6 6 , p. 709.
Rock April 18 has been postponed until May 18. This is
Pennsylvania M anufacturing L igh t «ft P ow er Go.—Con­
about the tenth postponement.—Y. 6 6 , p. 471.
solidation.—“ It is understood that the owners of theNorthern,
Marsden Company.—Stock Outstanding.—The common West End and Southern Electric Light companies, the only
stock has been increased to $80,600,600. The preferred re­ remaining independent companies since the Pennsylvania
mains at $1,500,000.—V. 6 6 , p. 134.
Heat, Light & Power Co. consolidation, have agreed to go
M ilwaukee & Lake W innebago R R .—W isconsin Central into the consolidation. They w ill form part of the Pennsyl­
C o.—Coupons and Earnings.—In response to an inquiry vania Manufacturing Light & Power Co., which has taken
from us, President Edwin H. Abbot makes the follow ing over the consolidated company. The terms are said to be
statement: “ Coupons upon Milwaukee & Lake Winnebago favorable. Holders of the Northern were offered, it is stated,
bonds of all issues have always been paid with absolute $16 cash or $12 in the Hamilton Co. bonds and 25 shares of
punctualitv. The bonds of 1882 and income 5s were paid Hamilton stock at $1. The Hamilton Co. was one that went
Jan 1. The Manitowoc Division first mortgages 6 s were in under the former consolidation. The Northern is in some
paid March 1. No dividend has been paid [since Feb., 1897] on respects the most important of the three companies named.”
the preferred stock, which takes cumulative dividends, because —Philadelphia Times.- V. 66 , p. 384.
the company has expended on its Manitowoc terminals, in adP hiladelphia Reading & Yew England R R .— Plan Oper­
-dition to the proceeds of its Manitowoc divisional bonds, a con­ ative.—Penalty after April 80th.—The reorganization com ­
siderable amount which it prefers to pay out of income mittee has declared the plan operative and agreed to impose
The Manitowoc division, which completes the through line a penalty after April 30 of 5 per cent on the first mortgage
via Manitowoc to Buffalo via car ferry, during the seven bonds, 2 per cento a the series A and B bond*, and 50 cents per
months ending January 31, increased the gross earnings of share on the stocks. The deposits are reported to be nearly
the receivers (who were operating the line under temporary $5,000,000 first mortgage bonds (out of a total outstanding of
lease terminable on 6 months notice by either party) by the $7,0 »0,000) and over $2,000,000 series A and B bonds deposited.
sum of $293,714; deducting from this amount the total oper­ —V. 66 , p. 761.
ating expenses, taxes and rental upon this division $183,385,
P ittsburg & Western.—Sale o f Car Trust Certificates.—It
the receivers made the profit of $110,329 in seven months.” —
is reported that Receiver King has sold $550,000 car trust cer­
Y . 64, p. 903 ; V. 66 , p. 575.
tificates secured on 4 locomotives and 750 cars.—V. 65, p. 1169,
Nashville T ellico & Charleston R R .—Sold.—This prop­
St. Louis Kansas & Southwestern RR.—St. Louis & San
erty has been purchased at judi ial sale for $20,000 by
Col. T. E. H. McCroskey of Madisonville The road is 24 Francisco R R.— Present Status.—Of the $890,000 outstanding
bonds of the St. Louis Kansas & Southwestern, all but $175,000
miles in length, and runs between Athens and Tellico Plains.
have accepted the offer o f 18 shares of St. Louis & San Fran-'
—V. 66 , p. 520.
cisco common stock in respect o f the claim of each $1,000 St.
New York Central & Hudson R iver R R.—New Directors. L. K. & S. W. bond and deposited the bonds with the Ameri­
— Lake Shore & Michigan Central Purchase Approved.—At can Loan & Trust Co., Boston. The road, however, is still
the annual meeting on Wednesday Samuel R. Callaway and operated by the receiver.—V. 66 , p. 761.
George S. Bowdoin were elected directors to succeed the late
St. Louis Yandalia «ft Terre Haute R R .— No Plans Yet f o r
Erastus Corning of Albany and George O. Buell of Rochester.
Resolutions were adopted approving the purchase of Lake New Mortgage.—The first mortgage bonds due July 1, 1897,
Bhore stock and also the Michigan Central stock. Mr. Calla­ were purchased by the Pennsylvania, and the second m ort­
way was also elected a director of the West Shore, to suc- gage bonds are advertised to be p u d on May 1. On that
date, therefore, the wav will be clear for the making o f a
-ceed H. J. Hayden.
New President Elected.—The new board of directors on new refunding loan. W e are officially informed, however,
Thursday elected Chauncey M. Depew Chairman to succeed that no plan has yet been agreed upon for a new loan to rep­
Cornelius Vanderbilt, and Samuel R. Callaway President, in resent the above mentioned issues.—V. 6 6 , p. 771.
Southern P acific R R .—Consolidation Consummated.—The
(place of Mr. Depew.
Michigan Central Purchase.—W e announced last week the consolidation referred to last week as pending has been con­
proposition for the acquisition of the Michigan Central by summated under the title of the Southern Pacific Railroad
the New York Central, in pursuance o f the plan for a Co. The new company embraces all the lines of the South­
vinification of all the lines in the Vanderbilt trunk ern Pacific system in California except the Central Pacific
line system. The Messrs. Vanderbilt own a controlling and the South Pacific Coast Cq.—Y . 66 , p. 761.
interest in the Michigan Central, and they have agreed to
Street Ry. & Illum inating Co.—Position o f Common Stock.
cell their holdings to the New York Central on the same —Preferred Stock All Paid Off.—The preferred stock, original­
terms now offered to the minority stockholders, viz: For ly amounting to $4,500,000, has all been retired at or below 110,
every share of Michigan Central stock of $109, $115 in 3Vi­ through the sale o f securities, leaving the 4,500 shares o f
per cent 100-year gold bonds of the New Y ork Central R R common to receive all future benefit from the securities re­
Co. The new bonds will be secured by a deed of trust dis­ maining in the trust. The first dividend on the com m on
tinct from that securing the Lake Shore bonds, and will be stock was paid Feb. 12 last, and was at the rate of 6 per cent
for the total authorized amount of $21,550,000. To secure the per annum. An idea as to the securities still held in trust
loan the stock exchanged will be placed in trust, with the may be gained by noting that on Aug. 2, 1897, when $412,900
Guaranty Trust Co. of New York as trustee. The bonds will of preferred still remained outstanding, the securities held
mature on Feb. 1, 1998, and the interest will be payable semi­ aggregated at their par value, $5,157,955, as follows : Bonds,
annually on Feb. 1 and Aug. 1. Deposits of stock will be $1,763 100; stocks, $2,880,860; notes, $492,193; miscellaneous,
received by the Guaranty Trust Co. on or before June 16, $21,802. The par value of the common stock, it was aereed,
and temporary receipts will be issued therefor. There is should be the value of the trust estate upon the liquidation
$18,738,(00 of Michigan Central stock now outstanding.— of the preferred shares. The stock of the companv was floated
V. 66 , p. 760.
in 1893 in connection with the liquidation of the floating debt
New York P hiladelphia & N orfolk.—Reorganization of the General Electric Co., the stock being sold at the rate
Plan.—The reorganization plan was given fully last week, of one share of common and one of preferred for $100 in cash
but as to the amount of new incomes to be issued we were to stockholders of the General Electric, or for $90 to the
misled by a misprint in the official circular. The new income underwriting syndicate.—Y. 65, p. 569.
mortgage will be for $ 1,000 ,000 , and the old income bonds, on
Union Pacific Denver & G u lf Ry.— Reorganization.—R e ­
the payment of the 35 per cent assessment, will be exchange­ ceiver Trumbull makes the following summary as to the pre­
able for the new incomes, bond for bond.—V. 66 , p. 760.
liminary steps taken towards reorganization:
Old accounts between the Union Pacific RR. Co. and the
Niagara .R iver Land & Dockage Co.— Foreclosure Suit.—
An action to foreclose the mortgage of 1896 for $400,000 has U. P. D. & G. Ry. Co., involving between four and five m il­
been begun in the Supreme Court by Harriette E. Stafford lion dollars, were settled absolutely, and settlement has been
I approved by the United States Courts at St. Paul and Denver.
And Otto Arens.




812

THE

C H R O N IC LE .

Julesburg division has been sold to U. P .; title to be given
at time Gulf receivership is wound np, which I hope will be
about Oct. 1.
Contract has been made with Colorado & Northwestern Ry,
facilities and exchange of business at Boulder.
^ U; P; P ,&GK syDdicate has secured $2,700 000 Colorado
Central 7 per cent bonds, formerly owned by U. P. interests,
and this gives Gulf syndicate control o f Colorado Central
situation.
Trackage contract has been made with Denver & Rio
Grande for line between Pueblo and Walsenburg for a term
basis' 18 bey° nd the receivershiP 0“ mutually satisfactory
t\
^derstanding has been arrived at between the U. P ,,
D. & G. consolidated bondholders and committee o f the
underlying bonds on lines south, of Denver, viz, o f the old
Denver Texas & Gulf and Denver Texas & Fort W orth
mortgages, of which about $1,750,000 are still afloat. W ith
this understanding, and with control o f the Colorado Central
situation, it is expected the new company can retire all the
underlying bonds and put out a new bond which will be a
first lien upon all lines from Greeley via Fort Collins to Texline; also branches, including the Central City and Silver
Plume divisions and the Cheyenne & Northern Division in
Wyoming.
In case there is no war, the general reorganization com ­
mittee will probably promulgate a plan about the first of
May. The reorganization, as heretofore stated, will be en­
tirely independent, and headquarters of the road will be in
Denver. No intimations will be given as to the official roster
until the new company is ready to take possession.—Y. 66 , p.

Wabash R R.—Grand Trank R y .—Terms o f Trackage
Agreement. It was announced last June that a new arrangebeen made by the Wabash for trackage facilities
lor both freight and passenger trains over the Grand Trunk
fine between Windsor aud Buffalo, and Niagara Falls via
Welland Junction. The semi-annual report of the Grand
Trunk Ry. says:
The negotiations have resulted In an agreement granting the Wabash
J°int ,U8e- for. a period ot 21 years, of the railways bethfi
Rnff«i«he-pr<?i1
ince of '¿ atarto- and Black Rook Station, in
City of Buffalo, m Glencoe. St. Thomas, Welland Junction and
Fort Erie, all in the province of Ontario—over the International Bridge
f o i l e d by the Grand Trunk between Port Erie and Black Rock—a
distance o f about 228 4 miles, and between Welland Junction, via
^ n b o r g rumn.on and Niagara Palls, in Ontario, to S u s p e n s io n
®i}dge, N. Y ., a distance of about 17^ miles, or a total distance of 246
miles, and to use the two ferryboats (*• Lansdowne ” and “ Great West) ° ow P^ria« bet ween Detroit and Windsor, and the slip docks
and o her facilities of the Grand Trunk at Windsor, for transferring
lta trains across the Detroit Kiver.
_ T h e agreement provides that the Wabash Co. will pay to the Grand
Trunk Co. a rental co nmeneing at $275,000 per annum to be in®£®ased at the end of every five years by $25,000 a year, until it
reaches a maximum of $350,000 per annum, at which it will continue
for the remaining six years of the agreement. The Wabash Company
in1 h P ir i T atJll,y tlleir quota of the cost of operating and main^
rnent
8eo,1
:iotl1 and all other expenses speoifled in the agreeW^a’
ProporV0n wluch the engines aud oars transported by the
Wabash Compauy shall bear to the whole number of engines and cars
conveyed over the joint section, or any portion thereof.

report agy ee^ eo^ ^ pr*Q
^0d ™ extenso as an appendix to the
West V irgin ia P ittsburg R R.—Deposits o f Bonds to be
Received Till May 7.—The company having failed to provide
for the payment of the coupons o f the first mortgage gold
bondsi due 1st April, 1898, Messrs. Brown, Shiplev & C o .,
Founders Court, E. C;, London, give notice to the bond­
holders that it is their intention to take immediate steps for
Pr(?*iecfcl0Q o f their interests. To this end they request
iono • d srs, t0 deD03it their bonds not later than 1st May
1898,~m exchange for negotiable certificates.—Y. 66 , p. 665.
W illiam sport & North Branch RR.—Control to be Sold.—
Ih e cmitrol of this road, which was owned by the late John
Satterfield, is to be sold. It was stated at the hearing before
«wJ/i
* Marcus that the executors had received an offer o f
$450,000 for the railroad, $50,000 of which is to be paid down.
The executors are Henry C. McCormick and the Fidelity
Trust & Guaranty Co. of Buffalo.
Attention is directed to the card of Mr. Robert R. L ock ­
ett, Attorney-at-law, at Austin, Texas. Mr. Lockett does a
general practice in all the higher Courts in Texas, and is prepared to transact 1 ‘gal business for persons outside of Texas
He refers to Governor Chas. A. Culberson, Chief Justice
Reuben R. Games. Charles S. Morse the Secretary of the
Texas Bar Association, and to the heads of any of the State
Departments.
—The Guardian Security Trust & Deposit Co. of Balti­
more has changed its corporate title to Guardian Trust &
Deposit Co. The company does a general banking and trust
business, becomes trustee under mortgages or deeds o f trust
acts as financial or transfer agent for States, cities or cor­
porations, pays interest on deposits, etc., etc.
—The Colonial Trust Company, 222 Broadway, New York
City, has issued a pamphlet entitled “ Trust companies
what they are, whom they serve, and the advantages they
offer.” It is of interest to all persons doing, and those in­
tending to do, business with trust companies.
—The Bank of British North America will open a branch
at Dawson City by about the first of June, and is now offer­
ing to issue its drafts on that place at its offices, 52 Wall
Street, N. Y ., and 3 Clements Lane, London.




rvoL , l x 'v i ,
(K o r n m e t r i a l

COMMERCIAL
,.T

T im

e s .

EPI TO M E .

F r i d a y N ig h t , April 22, 1898.

,

N ow that a state of war exists with Spain by virtue of the*
dismissal of Minister W oodford from Madrid and the order­
ing of the North Atlantic squadron to blockade Cuba, a moresettled tone has developed in business circles, merchants no
longer being perplexed by the uncertainty o f the situation.
Features of the week have been sharp upward turns to priced
for breadstuffs and cotton on active buying for foreign ac­
count, stimulated bv the apprehension that a war between Spain and the United States would have a tendency to»
shut off supplies from Europe. Press dispatches received
from Washington stating that the W ays and Means Committee had drafted a bill which would yield sufficient revenue
without taxing coffee and teas was received with much sur­
prise by the trades interested, inasmuch as operations latterly
have been m anticipation of an import duty.
Lard on the spot has had only a very moderate sale, as the
export demand has been limited and refiners have been small
buyers; prices, however, have advanced in sympathy with
the improvement in futures, closing at 5 80c. for prime West­
ern and 5-30c, for prime City. Refined lard has had only a
limited sale, but prices have advanced, closing at 6 -20 c f o r
refined for the Continent. Speculation in lard for future
delivery has been fairly active and prices have advanc ed on
outside speculative buying, stimulated by the war talk.
D A IL Y CLOSING PRICES OF LARD FUTURES.

.
Sat.
May delivery................ c. 5 52

,,

iron.
5*50

Tues.
5-52

Wed.
5-65

Thurs.
5-90

Fri
5-85-

Pork has had a moderate sale and prices have advanced
closing firm at $10 50@11 00 for mess, $12 00@12 50 for familyand $10 75@12 75 for short clear. Cut meats have had a fa ir
call for exp irt and prices have been firm, closing at 6 @ 634 c..
for pickled bellies, 1 2 @ 1 0 lbs. average, 434 c. for pickled
shoulders and 7t£@7%c. for pickled hams. Beef has been ini
demand from English shippers, and prices have ruled strong,
closing at $9@9 75 for extra mess. $9 50@i0 75 for packet,
$10 50@ ll 75 for family and $16 00@ ;7 50 for extra India;
mess. Beef hams have been firm at $23 00@23 50. Tallow
has been firmer but quiet, closing at 3 9-16c. for prime
city. Oleo stearine has had a moderate sale at steady prices,
closing at 4 9-16@4%c. Lard stearine has advanced to 634c.
for prime City. Cotton seed oil has had a limited sale, and
the close was firm at 22>£@23c. for prime yellow. Batter
has-been in fair demand, but at lower prices, closing at 15@
18c. for creamery. Cheese has been in fair demand and
firmer at 6^@ 9c. for State factory, full cream. Fresh egg»
have been steadier, closing at 1134c. for choice Western.
Brazil grades of coffee have had a fairly large sale to thecountry, but the dealings in invoices have been of only limited
proportions, buyers having shown a disposition to hold back:
and await developments, the prospect of an import dutybeing largely offset by the talk of an internal tax, closing at
6 /6 c- for Rio No. 7 on the spot. Mild grades have had a.
moderately active sale, and as importers’ stocks have been
limited, values have ruled _firm, closing at 1034 a 10 } 4 c. fo r
good Cucuta. The speculation in the market for contract»
has been quiet, and as sellers have been more aggressive,,
prices have weakened a few points. The close was quiet on
the reports from Washington stating that no import duty
will be placed on coffee. Following are final asking prices i
April.................. 5-.85o. I July.................. 5-60o.
I O ct......... 5 75o.
May.....................5-75o. |Aug................... 5-65o. N ov.................... 5-75oJane................... 5 65o. I Sept................... 5-70o. |D eo................ 5-75o.

Raw sugars have had a more active sale and prices have
advanced, closing at 4 3-16c. for centrifugal 98-deg. test and
3%c. for muscovado 89-deg. test. Refined has had a fairly large
sale, demand having been stimulated by the war talk and
prices have advanced l-16c., closing at 534 c. for granulatedTeas have been moderately active and firm. Rice has been
in demand and higher. Spices and other staple groceries havebeen firm.
Kentucky tobacco has been firm but quiet. Seed leaf to­
bacco has sold slowly but prices have been firmly maintained;
sales for the week were 550 cases, as follows : 100 cases 1898
crop, New England Havana, 18@40c.; 50 cases 1896 crop, N ew
England seed leaf, 22@30c.; 100 cases 1893 crop, Wisconsin
Havana. 10c.; 50 cases 1896 crop, flats, 16c.; 150 cases 1895
crop, Zimmers, 16@17^c.. and 100 cases sundries, 6@16c.;
also 200 bales Havana at 55c. @ $ 1 10 in bond and 80 bales Su­
matra at 95c. @$ l 70 in bond.
Offerings of Straitsjtin have been limited, owing to very
moderate stocks on hand, and as there has been a steady de­
mand prices have advanced, closing firm at 14,55@14,65c.
Ingot copper has been in demand for export and home con­
sumption, and prices have advanced to 12U@12J4c. for Lake.
Lead has weakened slightly, but the close was steady at
3 6 c. for domestic. Spelter has been quiet but steady at
4’25@4‘30c. for domestic. Pig iron has had only a limited
sale and prices have favored buyers, closing at $9 7 5 @ 1 1 75 for domestic.
Refined petroleum has been easier, closing at 5'60c. in bbls,,.
3*10c. in bulk and 6 25c. in cases: naphtha quiet at 5 50c. Crudecertificates have been quiet, closing at 7114c.; credit balances
have been easier at 72c. Spirits turpentine has been quiet
and easier, closing at 22@22%c. Rosins have sold slowly;
prices have not changed, closing at $1 42^@1 45. W ool has.
had only a limited sale, but values have been fairly w ell
maintained. Hops have been quiet but steady.

THE CHRONICLE.

A p r il 23, 1898.J

813

In addition to above exports, our telegrams to-night a lso
T O N .
give us the following amounts o f cotton on shipboard, n o t
F r id a y Nig h t , April 22, 1898.
oleared, at the ports named. W e add similar figures fo r
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 New York, which are prepared for our special use by Messrs.
from the South to-night, is given below. For the week ending Lambert & Barrows, Produce Exchange Building.
this evening the total receipts have reached 68,372 bales,
ON SHIPBOARD, NOT CLEARED FOR—
against 70,074 bales last week and 69,876 bales the previous
Leaving
week, making the total receipts since the 1st o f Sept., 1897,
Great
Other Ooaststock.
April 22 at
Total.
8,211,670 bales, against 6,453,803 bales for the same period of
Britain. France. Foreign urise.
1896-7, showing an increase since Sep.1,1897, o f 1,757,862 bales.
C

O

T

Thurs.

Wed.

Mon.

Tue8.

Galveston........
Tex. City, &o.
New Orleans...
M obile.............

2,349
........
4,327
69

2,213

6,510
.......... .
4,615
843

984

1,316

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

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

2,256
850

2,401
340

Savannah........
Brunsw’k,&o.
Charleston......
Pt. Royal,&o.
Wilmington—
Wash’ton, &o.
N orfolk............
N’p’t News, <feo.

1,638

2,516

1,463

1,187

......

......

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

3
........
188

336
.........
144
........
792
........

21
........
450
........
765
......
67
1,149

Baltim ore.......
Philadel’ a, &o..

122
......
138
414
......
507
2,312

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

7,317
1,025
963
........
778
......
173
......
1,069

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

581
....... .

60
763

842

........

........

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

205

l o M l.

1,183 14,555
461
461
1,284 22,200
260
3,387
2,004
2,004
473
8,245
1,014
1,014
50
1,310
105
105
291
1,387
5
5
4,502
881
826
826
634
937
6,003
387
387
962
1,347

80

100

Tot. this week 11,876 14,361 16,303 1 6,930

New Orleans...

Fri.

Sat.

Receipts at—

7,776 11.126 68,372

The following shows the week’s total receipts,the total since
Sept. 1,1897, and the stock to-night, compared with last year.
Receipts to
April 22.

1897-98.
This Since Sep.
week. 1,1897.

1896-97.
This Since Sep.
week. 1,1896.

5,504 1,330,717
Galveston... 14,555 1,884,216
198 108,956
461
94,903
Tex. C.,&c.
New Orleans 22,200 2,523,158 13,561 1,983,456
1,655 283,387
3,387 351,090
M obile........
84,573
4,081
2,004 116,701
Florida........
6,014 813,087
8,215 1,148,756
Savannah...
8,313 164,772
1,014 258,081
Br’wick,&c.
2,318 386,974
1,310 460,856
Charleston..
65,832
75,523
28
105
P.Royal,&o.
758 234,075
1,387 315,200
Wilmington.
857
1,272
5
Wash’n, &o.
2,294 684,903
4,502 530,818
N orfolk.......
16,348
22,500
826
108
N’portN.,&c
47,806
634
95,648
New York...
865 149,439
6,003 192,277
B oston........
59,478
68,315
798
387
Baltim ore. .
39,148
765
72,356
1,347
Phlladel, &c.
Totals.......

68,372 3,211,670 47,260 6,453,808

Stock.
1898.

1897.

272,591
19,972

65,269
5,456
138,006
14,378

46,582
2,844
11,416

28,589
285
21,902

7,538

5,748

44,279
2,808
188,428
32,000
23,467
9,250

17,334
211,765
10,00"
15,130
6,771

723 ,2 '6

540,633

62,081

In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons.
Receipts at—

1898.

1896.

1897.

1895.

1894.

Savannah........
Charleston.......
Norfolk.............
New Y ork........
Other ports___

15,016
22,200
3,387
8,245
1,415
1,392
4,502
826
11,389

5,702
13,561
1,655
6,014
2,346
758
2,294
108
14,822

11,219
15,994
1,743
5,821
6,667
1,091
3,275
287
8,569

10,732
26,598
1,247
6,385
2,629
373
2,609
2,551
16,841

6,939
9,059
723
5,674
5,954
145
4,356
6,167
5,377

68,372

47,260

54,666

69,965

41,391

41,497

20,582

106,950

616,306

37.746 11,071
27.746
6,017

91,924
68,641

448,709407,176

Total 1898...

38,480

6,391

21,733
31,933

16,374
2,945

237,831
48,441.
41,582
9,966
11,972
22,679180,928
62,907’

Speculation in cotton for future delivery has been decidedly
more active; in fact, during the second half of the week there
was considerable excitement to the trading, and prices ad­
vanced sharply. The war talk has been the stimulating^
feature, and the buying for foreign account to cover short
sales has been on a decidedly extensive scale, that interest in
the market, it is estimated, being barely 20 par cent of what
it was a little while ago. In fact, there seems to have been a
general liquidation in the market, as the new buying for in­
vestment account has been of comparatively small propor­
tions, and recent longs have taken advantage of the upward
turn to values to liquidate their accounts. Saturday there
was a moderately active market, and prices advanced
a few points on moderate buying, principally for
Liverpool account. Monday prices advanced early in
the day
in
response to stronger foreign advices
and buying for foreign account. Subsequently, however,
they reacted under realizing sales by longs, and the closeshowed prices slightly lower for the day. Tuesday the mar­
ket was moderately active and firmer on continued buying
for foreign account. Wednesday there was an active specu­
lation. There was free buying both for Liverpool and Conti­
nental account, and prices for the day showed an advance o f
18 to 18 points. Thursday the speculation was again active,
but the market was unsettled, prices advancing on free buy­
ing for European account, but reacting under realizing salea
by longs. To-day there was.an active and unsettled market.
There was fair buying for foreign account and also by short
to cover, while longs were free sellers to realize profits At
ihe close prices advanced on buying by the Continent, and
final figures were 2 points lower to 4 points higher for the day.
Th" spot market has been firmer but quiet: prices advanced
l-16c. on Saturday, declined l-16c. on Monday, advanced
3-16c. on Wednesday and^closed firm at 6 7-16c. for middling
uplands.
On the basis of the rates on and off middling as established
by the Revision Committee, the prices for a few of th&
grades would be as follows:

6,467
16,996
1,452
5,235
1,715
142
4,701
1,616
7,820

Tot. this wk.

34,760
13,640
5.000
1,450
8.000
21,600
7,500
15,000

Total 1897...
Total 1896...

1893.

Galves’n,&c.
New Orleans
M obile.........
Savannah...
Ohas’ton, &c.
Wilm’ton, &o
N orfolk.......
News, &o.
A ll others...

464
5,105 12,820
4,6«8
986
4,677
5.000 None.
None.
450
None.
1.000
None.
4.000 None.
None.
2,800 15.0U0
300
3,200 None.
8.000 None.
None

16,371
3,309
None.
None.
4.000
3,800
4.000
7.000

46,144

K lo n T u e s W e d T h .

Sat.

UPLANDS.

S a t.

It! o n T u e s W e d

Middling Fair“ ...........................
GULF.

STAINED.

53xe
6
67,0
6llx*
7%

Th.

F r i.

57,0
6%
6 l %«
615,0
7%

57,e
6%
O n,«
615
7%

5%
6*16
6%
6%
73,«

5B
16
6%

Middling Fair“ ................. .........

F r i.

53,6
6
6
67,6 67,«
6 lt1fl 611X6
7%
7%

5
513,
6%
6%
615,.

5%

4U16
5%
63S2
6V

Since Sept. 1 8211,670 6453,«08 4975,623 7587,890 5678,399 4760,418

5
513le
6%
6%
6<5je

5%«
5%
6 5i«
69ie
7

4%
5 ‘ 3le
6%a
6%

57,6
6%
6 l l ra
615,e
7%

4%
513l6
6732
6%

4l3le 413,0 41318.
6
6
6
67,2 67,2 67*2
67, e 67ie 67,0

6%
élite 6%
7*1»
7%
S at. M o il T u e s W e d T h .

F r i.

The exports for the week ending this evening reach a total
o f 72,655 bales, of which 32,711 were to Great Britain, 7,328 Strict Middling..........................
to France and 32,617 to the rest of the Continent. Below Good Middling Tinged.............
are the exports for .the week and since Sept. 1, 1897.
The quotations for middling upland at New York on
Week Ending Apr. 22,1898. From Sept. 1,1897, to Apr. 22,1898. April 22 for each of the past 32 years have been as follows.
Exports
from—

Exported to—
Exported to—
Great France Conti­ Total Great France Conti­
nent.
nent. Week. Britain.
Brit’n.

Galyeston.......
T ex. City, &c..
New Orleans..

9,000

P e n s a cola .....
Savannah.......
B runswick.. . .
C harleston....
P ort R o y a l....
W ilm in gton ...

6S9 9,689
27
27
7,028 12,618 27,297

2,001

7,661

800

2,001
5,010

400
N ’ port N., &c..
New Y ork ....... 10,700
2,814
B o s t o n ...........
B altim ore_
_
642
P hiladelphia..
San Fran., &c.

6,010

400

9,221 20,221
2,814
663
663
612
8,986 3,988

738,061 288,893
8,976
948,130 382,710
143,781
72,156
73,710 32,547
153,795
83,489
57,972
117,689
& , 197
7
200
11,071
278,252 46,525
212,980
80,112 2,888
13,975
4,660

411,868 1.441,822
20,612
29,588
704,052 2,035,192
67,831 211,612
39,535 111,691
592,302 698,589
79,225 232,020
232,713 310,202
66,472
8,500
175,967 293,658
25,244
82,441
15,403
4,132
212,176 531.952
5,070 248.C50
93,115 176,115
15,425
1.450
117,437 122,097

T o t a l. . . ----- 32,711 7,328 32,617 72,656 3,080,31« 753,763 2,794,278 6.638,357
T otal, 1896-97. 60.369 ? 8,639 48,121 127,129 2,841,039 642,226 1,928,033 5,411,297 '




1 8 7 4 .. ..e .l7 %
1 8 0 0 . . . .C . 1 1 1 3 ,0 1 8 8 2 . . . .0 . 1 2 %
1873........ 19%
1897........ 77ie 1 8 8 9 . . . . . . 1 0 1 5 , 0 1 8 8 1 . . . . . . 1 0 3 4
1872........ 23%.
1 8 8 0 . . . . . . 1 1 78
1 8 8 8 .. . . . . 9 %
1896........ 8
1871........ 14%
1 8 7 9 .. . . . . 1 1 %
1895........ filale 1 8 8 7 . . . . . . 1 0 %
1870.. ....2 3 %
1 8 7 8 .. . .. .1 0 %
1894........ 7»,6 1 8 8 6 . . . . . . 9 %
18 6 9.. ....2 8 %
1 8 7 7 . . . ...1 1 5 X 6
1 8 8 5 .. . . . . 1 0 %
1893 ....... 7i3ie
1 8 6 9.. ....3 1 %
1 8 7 6 .. . . . . 1 3 %
1 8 8 4 .. . . . . 1 1 7 8
1892........ 7%
1867........ 26%
1 8 7 5 .. ....1 6 3 8
1 8 8 3 .. . . . . 1 0 %
1891........ 8%
Note .—OnOot. 1,1874, grades of cotton as quoted were changedAccording to the new classification Middling was on that day quoted
%o. lower than Middling of the old classification.
MARKET AND SALES.
1 8 9 8 . ... O . 6 7i «

Total.

SALES OF SPOT AND CONTRACT.
SPOT M ARKET
CLOSED.

dat’day..
Monday.
Tuesday
Wed’day
Th’day..
Friday..
Total.J

Steady a ti,* ad.
Quiet at % , dee.
Steady........
Quiet at 3,0 ad..
D u ll..........................

Dull....................
..

. ....

-

Ex­
port.

Sales o f
Futures.
Con- Spec- Con­
sump. ul’t’n tract. Total.

300
300
300
6,500
300
300
8,000

979

1,106
317
300
6,600
335
321

806
17
ib'ó
35
21
....

....

93,000*
108.606
119;306
321,406
242,706
175,466

8,979 1 060,406

814

THE CHRONICLE.

T h e S a l e s a n d P r ic e s o f F u t u r e s at New York are
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T h e V is ib l e S u p p l y o f C o t t o n to-night, as made up b y
cable and telegraph is as follows. Continental stocks, as well
as those for Great Britain and the afloat are this week’s retnrnsand consequently all European figures are brought doWn
to Thursday evening. But to make the total the complete
figures for to-night (Apr. 22), we add the item o f exports from
the United States including in it the exports of Friday only.
____.
.
1898
1897.
1896
1895.
Stock at L iverpool.......bales. 1,250,000 1,254,000 1,161.000 1,716 000
3.000
6,000
6 000
9)000
Stook at London...................... _
Total Great Britain stook. 1,253,000 1,2« 0,000 1,167,000X7^5.000
Stock at H a m b u r g ............
11,000
14.000
25.000
25.000
Stook at B re m e n ................... 363,000 186,000 244.000 334.000
Stook at Amsterdam. . . . . . . . .
2,000
5.000
9.000
19.000
Stock at Rotterdam ................
300
300
200
8took at A n t w e r p .............
10,000
9.000
19.000
16.000
Stock at Havre......................... 281,000 225.00Q 299.000 477.000
Stook at M a rs e ille s ...... . . . . .
4,000
5.000
7.000
5,000
Stock at Barcelona..................
89,000
81.000
94.000
99.000
Stook at Genoa.........................
38,000
60,000
78.000
39.000
Stook at Trieste.......................
4,000
14,000
29.000
15.000
Total Continental stocks.. 802,300 599,300 804,200 Ï.029.20Ô
. Total European stocks..... 2,055,300 1,859,300 1,971,200 2,754.200
Indiaootton afloat for Europe < nnrv 10 onnn -.....
1=1
~~ -~~
95.000 126,000 168,000
88,000
Amer, cotton afloat for Europe 393,000 262,000 249,000 362,000
29.000
Egypt,Brazil,&o.,aflt.for E’pe
22,000
11,000
21,000
Stock in United States ports . 723,256 540,633 475,817 750.212
Stook in U. S. interior towns.. 327,076 184,847 247.104 186.641
United States exports to-day.
10,990
25,100
26,063
13,413
Total visible suüplj ........ 3,633,622 3,019,830 3Â48, Î84 Ï Ï 7 f ~ Ï 6 é
Of the above, totals or American and other descriptions are as follow s:
Amerxcan —
Liverpool stook. --------bales. 1,142,0001,100,000 993.000 1,600,000
Continental stocks.................. 761,000 528,000 686.000 951,000
American afloat for Europe.. 393,000 262,000 249.000 362,000
united 8tates stook................. 723,256 540,633 475,817 750,212
united States interior stocks. 327,076 184,847 247,104 186,641
United States exports to-day.
10,990
25,100
26,063
13,413
Totai American ............. 3,357,322 2,640,580 2,676,984 3 X 6 0 6 6
East Indian, Brazil, die.—
Liverpool stook....................... 108,000 154.000 168,000 116,000
London stook............................
3,000
6,000
6,000
9,000
Continental stocks..................
41,300
71,300 118,200
78,200
India afloat for Europe..........
95,000 126.000 168,000
88,000
Egypt, Brazil, «fee., afloat.......
29,000
22,000
11,000
21,000
Total East 7------ I — ........
rii«i“ i T — India, &o........ 276,300 379,300 471,200 312,200
Total Am erican................ 3,357,322 2,640,590 2,676)984 3.863,266

20
0

! ? i 62.2
;? « »
p s i
p
Middling Upland, Liverpool.. 3 ,633isad. 3'0 1 »4181. r ' a 4i«32d. C T ^ a n .
'
S
d
Middling Upland, New York.
67je0.
77,«c.
Siieo.
61516c.
Egypt Good Brown, Liverpool
4%d.
5i*d.
e4d.
6T16d.
Peruv.Rough Good, Liverpool
67sd.
63, gd,
65,fd.
5716c
L
Broaob Fine, L iv e rp o o l.......
adl 1md.
4i32d.
3»,«d.
Tinnevelly Good, Liverpool..
-------S^ied.
4 led,
4i8d.
« -o «
3 Bgd.

Imports into Continental ports past week 147,000 bales.
The above figures indicate an iuevtast m the cotton in sight
*o-wght o f 613.742 bales as compared with the same date
a
485,438 bales over the corresponding date
of 1896 and a decrease of 541,844 bales from 1895.
A t t h e I n t e r io r T o w n s 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 fo* the
corresponding period o f 1896-97—is set out in detail below.

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*06 pel to axch. 3,100May for Sept.
*06 pd. to exeb. 1,900 M aj for Oct.
*08 pd. to exeb. 8,200 May for Aug.
*08 pd. to ex« h. 400 May f«>r Deo.
*07 pd. to exoh. 100 May for Deo.
*06 pd. to exeb. 700 May for July.
*01 pa. to exeb. 500 Oot. lor Nov.
*05 pd. to exeb. 900 June for Aug.
-06 pd. to exeb. 300 May for Oot.
*02 pd. to exeb. 100 Apr. for May,
-03 pd. to exoh. 1,000 Aug. for Deo.
•07 o«i to exeb. 50 « May for Oot.
*07 pd. to exoh. 1,300 May for July.
*09 pd. to exeb. 500 May for Aug.
•09 pd. to exob. 1,000 May for Aug.

■13 pd to exoh. 600 May for Deo.
TO pd. to exeb. 3,400 May for Aug
01 pd. to exeb. 200 Sept, for Aug.
• 6 pd. to exeb. 100 June fox Oct.
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*02 pd. to exch. 600 Aug for Nov.
•06 pd. to exoh. 200 Ju e for Aug
•08 »> to exeb 8,50«. Aug foi Jan.
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T9 pd. to exch. 1.800 May for Jan.
•02 pd. to exeb. 2,100 July for Aug.
•04 pd. to exob. 700 July for Oot.
T l pd. to exob. 3,200 May fox Aug.
TOpd. to exeb. 1,200 May fox Aug.
•03 pd. to exoh. 200 July fox Oot.
•02 pd to exeb. 500 Oct. for Nov.
Even 1,600 Oct. for Aug.

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rLast year’s figures are for Columbia, S. G.

A pril 23, 131*8.]

THE CHRONICLE.

815

Q u o t a t io n s f o r M i d d l in g C o t t o n a t O t h e r M a r k e t s .— hundredths of an inch on two days. The thermometer has
Below are closing quotations of middling cotton at Southern averaged 68, ranging from 56 to 80.
and other principal cotton markets for each day of the week.
Brenham. Texas.—There has been rain on one day of theweek, the rainfall reaching seventy-eight hundredths of an
ilosing QUOTATIONS FOB MIDDLING COTTON ON—
Week ending
inch. The thermometer has ranged from 56 to 84, averagings
April 22
70.
Satur.
Tues.
Wednet. Thur».
Fri.
Mon.
Weatherford, Texas —There has been rain on two days dur­
5%
Galveston. .
5! L e
5%
ing the week, the rainfall reaching two inches and eighty513le
New Orleans
513le
bilie
513ie
58g
öHie
six hundredths. The thermometer has averaged 65, ranging
M obile_____
5%
578
578
6%
5%
5%
Savannah. .
5»8
513lfl
513ie
from 50 to 80.
51316
55g
5Hie
Charleston..
58g
58g
51 i- e
New Orleans, Louisiana.—There has been rain on two days,
Wilmington.
6
6
6
5*8
55*
of the week, the precipitation reaching one inch and twentyN orfolk.......
6ig
63,«
6
6
63,e
b’ g
63, „
Boston........
6*4
nine hundredths. The thermometer has averaged 69.
6*4
67ia
63g
63g
Baltimore...
¿lg
6ig
618
614
Shreveport, Louisiana.—Rain has fallen on two days of the
Philadelphia
6*i
6 1 .«
6*3
6l l 16
6111e
6*38
week, to the extent of thirty-six hundredths o f an inch.
Augusta.......
6
611(1®lg
65,e®5>8
6 I4
614
6iie
Average thermometer 62, highest 81, lowest 46.
57g
55g
M em phis....
6
6
5%
55*
St. Louis___
578
5%
578
5Hie
5 isie
SHie
Columbus, Mississippi.—We have had rain on two dayaH ouston___
5%
57
g
5V
55*
5%
during the week, the precipitation being two inches and
Cincinnati..
5%
6
6
55*
55*
6
seven hundredths. The thermometer has averaged 64, the
534
Louisville...
55*
5%
55*
5%
55*
highest being 86 and the lowest 45.
The closing quotations to-day (Friday) at other im portai t
Leland, Mississippi.—Telegram not received.
Southern markets were as follows.
Vicksburg, Mississippi —There has been rain on two daysAthens.............
55g
Columbus, Miss
Nashv ille .......
6ig
during the week, the rainfall reaching forty hundredths of
A tla n ta ........ .
N atcbez........ .. 5<£
5 6ie Eufaula.. . . . . . . 6
an inch. The thermometer has ranged from 56 to 82, aver­
Charlotte. . . . . . 6<e
B aleigh........... 55*
Little B o o k .... 5*s
Columbus, Ga. 5%
Shreveport___ • 5716 aging 68.
Montgomery... 6
Greenville, Miss.—The week’s rainfall has been heavy.
O v e r l a n d M o v e m e n t f o r t h e W e e k a n d S i n c e S e p t , 1 .—
Little Rock, Arkansas —It has rained on one day of the
We rive below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic week, the rainfall being ten hundredths of an inch. Aver­
reports Friday night. The results for the week ending age thermometer 65, highest 82 and lowest 48.
Helena, Arkansas.—The river is falling rapidly, but very
Apr. 22 and since Sept. 1 in the last tw o years are as follows.
little damage has resulted from the high water. Plowing,
1896-97.
1897-98.
and planting are in progress. There has been rain on two
April 22.
days during the week, the rainfall reaching one inch and
Since
Since
Week. Sept. 1.
Week. Sept. 1.
twenty-eight hundredths. The thermometer has averaged 61,
the highest being 75 and the lowest 45.
ShvppedMemphis, Tennessee.—Farm work has made rapid progress
Via St. L ou is................................
8,558 790,205
8,301 491.475
2,1 7 252,585 except on overflowed lands. The river is now 30 4 feet on the
Via Cairo......................................
2,933 348,421
359
Via P arker.......... ......................
150
30,109
16,136 gauge and is falling rapidly. It has rained on two days of the28
13,442 week, to the extent of twenty six hundredths of an inch. The
104
Via R o c k I s la n d .......___. . . . . .
46,002
2,266 129 640
3,019 117,*38
Via L o u i s v i l l e . . . ........... . . . . . . . . .
1,445 130,934 thermometer has averaged 65, ranging from 51 to 77-4.
1,733 134,821
Via Cincinnati........................ .
Nashville, Tennessee.—The weather has been unfavorable for
1,034 102,505
2,938 144,513
Via other routes, <ko...................
farming operations. It has rained on one day of the week,
Total gross overland............... 19,435 1,611,909 15,550 1,136,717 to the extent of twenty hundredths of an inch. The ther­
Deduct shipments—
2,428 295,871 mometer has ranged from 42 to 78, averaging 62.
Overland to N . Y ., boston, A c..
8,371 428,596
24,350
18
4,152
213
Between interior towns.......... .
Mobile, Alabama.—Cotton planting is making good prog­
514
35,780 ress. Some uneasiness is apparent in labor circles on ac­
1,380
38,446
Inland, Ao., from South.............
2,960 335,803 count of the war. W e have had rain on two days of th©
9,964 491,392
Total to be deduoted...............
week, the rainfall being one inch and twenty hundredths,,
Leaving total net overland*..
9,471 1,120,517 12,590 800,914 and there were good rains in the interior the early part of the
* Including movement by rail to Canada.
week. Average thermometer 6% highest 78 and lowest 50.
Montgomery, Alabama.—Planting operations continue un­
The foregoing shows that the week’s net overland movement
this year has been 9,471 bales, against 12,590 bales for the interrupted. W e have had rain on one day during the week,
the rainfall being two hundredths of an inch. The ther­
week in 1897, and that for the season to date the aggregate ne t
overland exhibits an exces3 over a year ago of 319,603 bales. mometer has averaged 66, the highest being 83 and the
lowest 49.
1896-97,
1897-98.
Selma, Alabama.—There has been rain on one day during
In Sight and Spinners'
the week, the rainfall reaching eight hundredths of an inch.
Since
Since
Takings.
Week. Sept. 1. Week. Sept. 1. 1
The thermometer has averaged 65, ranging from 45 to 83.
Madison, Florida.—Rain is badly needed. W e have had1
Receipts at ports to Apr. 22........ 68,372 8,211,670 47,260 6,453,808
9,471 1,120,517 12,590 800.914 one shower during the week, to the extent of twenty hun­
Net overland to Apr. 22............. .
Southern consumption to Apr. 22 21,000 741,000 17,000 672,000 dredths o f an inch. The thermometer has ranged from 52
to 85. averaging 67.
Total m arketed........... ........... 98,843 10073187 76,8*0 7,926,722
Savannah, Georqia.—W e have had rain on two days of the
64,253
Interior stocks In excess.............. *23,542 282,000 *19,173
week, the precipitation being forty five hundredths of an
Came into sight during week. 75,301
57,677
inch. The thermometer has averaged 69, the highest being
7,990,975
Total in sight Apr. 22............
10355187
86 and the lowest 48
Augusta, Georgia.—There has been rain on one day during
North’ n s pinnerstak’ gs to Apr. 22 16,153 1,996,942 32,297 1,500,091
the week to the extent o f thirty-one hundredths of an inch.
* Decrease during week.
W e a t h e r R e p o r t s b y T e l e g r a p h . —Our telegraphic ad­ The thermometer has averaged 65, ranging from 45 to 84.
Charleston, South Carolina.—Rain has fallen on two days
vices from the South this evening are, on the whole, of a
favorable character. Where rain has fallen during the week of the week to the extent of forty-seven hundredths of an
the precipitation has been light as a rule, and at a few points inch. Average thermometer 68, highest 82, lowest 49.
Stateburg, South Carolina.—Cotton planting is making
rain is said to be needed. Planting has made good progress
generally. The river is falling rapidly at Memphis and rapid progress. W e have had a thunder-storm and light rain,
Helena, and but little damage has been done. A break on one day of the week, the rainfall reaching ten hundredths
of an inch. The thermometer has averaged 66*3, the highest
occurred in the levee at Bayou Lafourche on Tuesday.
Galveston, -Texas.—Rain has fallen on three days of the being 85 and the lowest 45.
Greenwood, South Carolina.—There has been rain on one
week to the extent of one inch and sixteen hundredths. The
day the past week, to th e extent of seven hundredths of an.
thermometer has ranged from 59 to 79, averaging 69.
Palestine, Texas.—There have been showers on three days inch. The thermometer has averaged 64, ranging from 51
the past week, with a precipitation of thirty-six hundredths to 77.
Wilson, North Carolina.—It has rained on one day o f theof an inch. Average thermometer 67, highest 82 and
week to the extent of thirty-eight hundredths of an inch.
lowest 52.
|
Huntsville, Texas.—There has been rain on tw o days The thermometer has ranged from 44 to 84, averaging 65.
The following statement we nave also received by telegraph,
during the week, the precipitation being seventy hundredths
of an ir>ch. The thermometer has averaged 68, the highest showing the height o f the rivers at the points named afr
3 o’clock April 21, 1898, and April 22, 1897.
being 82 and the lowest 54.
Dallas, Texas.—It has rained on tw o days of the week, to
Apr. 21, ’98. Apr. 22, ’97.
the extent of two inches and four hundredths. The ther­
Feet.
Feet.
mometer has averaged 6i, ranging from 49 to 81.
19 0
16-3
New Orleans.......
San Antonio, Texas.—There has been rain on one day the Memphis..............
35-4
32 4
12-8
20-7
Nashville.............
past week to the extent of one hundredth of an inch. Mini­
21*3
6-3
Shreveport.......... ........ Above zero of gauge.
mum temperature 54.
5 l ‘6
49-0
y t n k s b n r g ........ ........ Above zero of gauge
Lulirig Texas.—Rain has fallen on two days of the week
J ute B utts . B ag g in g , &o.—There has been nothing doing;
to the extent of one inch. Average thermometer 69, high­
in jute bagging during the week under review, but quota­
est 84, lowest 53.
Columbia Texas.—W e have had rain on two days during tions are nominally unchanged at 4%c. for 12^ lbs., 5c. for 2"
the week to the extent of ninety-one hundredths of an inch. lbs. and 54£c. for 2J4 lbs. The market for jute butts hasThe thermometer has averaged 65, the highest being 81 and been inactive. Quotations are nominally •75(8,77^c. for
paper quality, l^ c . for mixing and l ^ c . for spinning cut­
the lowest 50.
Cuero, Texas.—The week’ s rainfall has been eighty-seven tings, to arrive.




816

THE UHRÒNIOLE.

I ndia ¡C
otton Movement

from all

[Voi, LXV
l,

Ports.—The receipts

Northern m ills has been -—- bales
Below are the exports
<of cotton at Bombay and the shipments from all India ports for trbr W eek an d ^innp Sfintom hor i i
for the week ending Apr. 21, and for the season from Sept. 1
Week Ending Apr. 22 Since Sept. 1, 1897. Rorth’n Hsu s,
to April 21 for three years have been as follows:
Exports
1897-98.
Receipts at—

Week..

Bom bay..;.....

from—
Bombay—
1897-98..
18961895-96..
•Calcutta—
189718961895-96..
Madras—
1897. 1896-97..
1895-96..
A ll others—
1897-98..
1896-97..
1895-96..

1896-97.

Since
Sept. 1.

1895-96.

Since
Sept. 1.

Week.

Week.

Sirice
Sept. 1.

76,000 1.040,000 48,000 1,129,000 83,000 1,640,000
For the Week.
Since September 1.

Great
Britain.

Conti­
nent.

Great
Britain.

Conti­
nent.

from—

Savannah...
Oharl’t’n,&o
Florida, <fec.
New York..
Boston. . . . .
Balt., «fee_
_

Great Fr’ nce
Great Fr’ nce
Since
Total. Week. Sept. 1.
Brit’n. < C Total. Brit’n. Ac,
&.
12,205 3,234 15,439
364 21,873
4,529
64 4,593
1,443
1.725
1,725
6,506
■ 'lo Too 5,911 3,993 9,904
o
1,760
1,760
b75 Too 1,075

97..
1,000

26,000
8,000
26,000

26,000
9,000
26,000

98..
97..
1,000
1,000

2,000
3,000

3.0 0
4.000

3.000
21,000
56.000
2.000
6,000

10.000
*

i?ó’oó

7.000
1.000
4,000

7.000
2.000
4,000

13.000
37.000
43.000

2,000
6,000
10,000

3.000
14.000
7.000

11,000
20,000

98..

196.000
379.000
436.000

38.000
56.000
45.000

Total.

Total........

........

100

100 27,005

7,491 34,496

364 29,822

Total 1896-7

Total.

312

253

565 41,888

9.691 51,5.79

562 34,915

199.000
400.000
542,OlO Sj^c.; medium fine,

9 ^ c .;
3

uavauuau, lvi
choice, 18
c.

£ JUl lUaH,

COmiUOU,

Charleston, Carolinas, medium fine, 15c.; fine, 17c.; fullv
fine, 19 to 20o.; extra fine, 21 to 23c.
European Cotton Consumption to A pril 1.—W e have
received to-day (Friday) by cable Mr. Ellison’s figures brought
5,000 down to April 1. We have «Iso received the revised totals
20.000
17,000 for last year and give them for comparison. The spinners’
takings in actual bales and pounds have been as follows:
15.000
4",000
53.000

October 1 to April 1.

Great Britain. Continent.
Total.
F o r 8 8 9 7 -9 $ .
33.000 33.000
18,000
250.000
263.000 ¡."(»kings by spinners...bales
1/953,000
2,677,000
4.630.000
r' òoò
11.000 14.000
53.000
436.000
539.000 Average weight of bales.lbs
512
495
1.090 33,000 34.000
502-3
8 .8 .000
581.000
669.000
Takings in pounds................ 1,000(336,000 1,325,415,000 2.325.751.000
. A ccording to the foregoing Bombay appears to show an
F o r IS 9 6 -9 7 .
* Qn!\nS cI
YG
i omPared with last year in the week’s receipts of
1,898,000
2,117,000
4.315.000
«'in Ann i SS' Exports from all India ports record a gain Takings by spinners...bales
502
o f 19,000 bales during the week, and since September 1 show Average weight of bales.lbs.
485
492-6
Takings in pounds............. .
953.172,0‘ 0 1,172,720,000 2.125.892.000
a decrease of 271,000 bales.
12,000

Total aU—
1897-98..
1896-97 .
1895-96..

^A

lexandria

R eceipts

and

Shipments

of

Cotton,—

Through arrangements we made with Messrs. Davis, Benachi
® ~°., £ Liverpool and Alexandria, we now receive a weekly
oabie of the movements of cotton at Alexandria, Egypt. The
following are the receipts and shipments for the past week
and for the corresponding week of the previous two years.
Alexandria, Egypt,
April 20,

1897-98.

Exports (bales)—
t o Liverpool. . . . . . .
To C ontinenti... . . ..
Total Europe

■
>

» t o tg u b wi. uue a o u v e r - s

1895-96

35,000
6.405,000
This
Since
week. Sept. 1.

45,000
5,601,000
This
Since
week. Sept. 1.

9,000
5,160,000
This
Sine
week. Sept, i

4.000 307.000
5.000 338.000

6,000 301.000
3,000 300.000

2,000 303.000
2,000 273.000

S u p p ly .............

9,000 601,000

4,000 576.000

spinners’ stock Apr. 1

342

Weekly Consumption,
00« omitted.
In October . . .........
In November. ......
In Decem ber..........
In January. . . . . . . . .
In February. . . . . . . .
In March

65.0
65.0
65,0.
65.0
65.0
65.0

t Of which to America In 1897-98,41,433 bales; In 1896-97, 46.567
bales; in 1895-96, 51,431 bales.
’

, Manchester Market .— Our report received by ca b )e
to-night from Manchester states that the roarke continue8
firm for bo’ h yarns and shirtings, in con equence of Liverpoo *
news. We give the prices for to-day below and leav. thos e
for previous weeks of this and last year for comparison.
1898.

8 X lbs. Shirt­
4
32« Cop. ings, common
d.
d. s.
Mb 18 5' f is® 6 ^ 4
“ 25 558 @ 6 % 4
Apr. 1 5% ® 6 % 4
s 8 5^16-6131,5 4
“ 15 578 ® 678 4
• 22 61 « ® 7
•
4

r ■T

1896-97.

¿ x o n u ia i is vo yu um iB .

Twist.

7

9,000 645,000

Receipts (oantars*)....
This week.. . . . .
flUnee Sent. 1__. . . .

•

• n ---------'

in Great Britain ib 512 pounds per bale this season, against
502 pounds during she same time last season. The Ooucinau al
deliveries average 495 pounds, against 435 pounds las year
and for the whole of Europe the deliveries averag/5 )2*3
pounds per bale against 492-8 pounds last season? Our
dispatch also gives the full movement for this year and b,. t
vear i»' hale« of 5*10 pounds.

to finest.

d. s. d.
2 ®6 9
2 ®6 9
2Lj®6 9
3 ®6 9
3 ®6 9
3 ,*#¡6 loia

Oct. 1 in April 1.
Bales oi 500 lbs. each,
000« omitted.

1897-98.
Crea.
Britan.

Conti­
nent

Spinners’ stock Oct. I
31,
:'hkings to April 1.... 2 001,
2,032,
..........
!oB8umpt’n,26 weeks- 1,6 0

1896-97.
Total,.

Grea
Brita >

Con’
nen

Tota

256
2,651

287?
4,652

24
1,906

277
2,145

301,
4, ¿51,

2,907.
2,223,

4.939
3,913

1,930
1,664

2,622 4,552,
2,171, 3,835,

” *68 4

1,026

268

451,

"717?

150/)
64.0
83.0
147.0
150,
64;0
83.0
147.0
150.0
64.0
83.0
147.0
151, )
64.0
8 4.0
143.0
151. • 64.0
84,
143.0
8 6.0
151.0
64.A
84."
148.0
1897.
Note .—Our cable indicates that Mr. Ellison has revised his figures of
Oott’n
8 *4 lbs. Shirt­ Coti’ • consumption for this season in Great Britain by adding 1 ,0 0 0 bales of
Mid. 32« Cop. ings, common Mia
500 lbs. each to the weekly rate since the first of Ootober. On the
Tunst.
Uplds
to finest.
Upkt
Continent 1,000 bales per week have been added to the weekly average
for October, November and December. Last year’s figures for the
d.
d.
d. s. d. s. d.
Continent have also been revised.
d.
65ie ®73ie 4 0 ^ 9 6 7
4
The foregoing shows that the weekly consumption is now
3»16 63s ®73lH 4 0*296 7
33)32
151,000 bales of 500 pounds each, against 143,000 bales of like
3?16 63g ®73,e 4 0*296 7
4
e4®7316 6 7
fyre- 66,
0 ®
4X
33 weights at the corresponding time last year.
The total
3 532 638 ®7>4 4 0 ® 6 7
4*8
spinners’ stocks in Great Britain and on the Continent have
32133 67,
fl4 l»75)fl 6 7
0 ®
4*8

N e w Y ork Cotton E xchange N ominating Committee.—

85.0
85.0
85.0
86.0
860

increased 182,000 b a le'd ¡ring the month, and are now 309,000
Vales more than at the s ¡me date last season.
G overnment W eekly Cotton R eport.—Mr.W. L. Moore
Chief of the Weather Bureau of the Agricultural Depart
ment, made public on Tuesday the following telegraphic
reports on the crops in the Southern States for the week
ending April 18.

The amendment to the by-laws of the New York Cotton E x­
change, which provides that a committee of seven members
shall be chosen in April of each year to prepare lists o f can­
didates for officers to serve during the ensuing year, was voted
upon Wednesday, A pril 20, and adopted by a vote of 64 to 4
Members o f the Board of Managers are not eligible for mem­
N o r t h C a r o l i n a .— Cool, cloudy, rainy weather, causing slow ger­
mination and growth, until Saturday; then warmer, favorable; plant­
bership on the committee.

ing cotum begun.
S o u t h C a r o l i n a . —Weather too cool for germination; heavy rain in
places interrupted planting; ootton planting progressing rapidly
cotton germinating siowly.
G e o r g i a —Cool weather and lack of sunshine detrimental to ad­
vancement of vegetation; cotton planting general, some up, but
stands b a d; warm sunshine and showers needed.
F l o r i d a .—Week very unfavorable; cool, dry and windy; scattered
showers insufficient to relieve drought; cotton planting delayed, some
up, but slow growth.
1897-98.
A l a b a m a —Cool weather retarded growth of all crops;' ootton lands
1896-97.
Stock
all prepared and considerable planting done, but cotton coming up
Receipts to A pril 22.
slowly.
This
Since
This
Since
M i s s i s s i p p i .—Shower# beneficial but too cool for rapid growth of
week. Sept. 1. week. Sept. 1. 1898. 1897
crops; cotton planting nearly finished over central and southern por­
•Savannah........................
47 56,717
101 82,645 11,623 11,241 tion, and becoming general over northern.
L o u i s i a n a .— Favorable week for farm work; ploughing a n d seeding
•Charleston, &o.................
4
9,765
1 10,3711 3,2051 1,707
JTIorida, &o............... .
6,706
6,7161 1,373 3,263 of cotton progressed rapidly; week too cool for growth of crops;
ootton injured over interior and northern parishes; warm weather
Totali..........................
51 73,188
102j 99,732 16,201 16,210 badly needed.
T e x a s . —Warmer, with good rains where most needed ; weather gen­
Dw exports for tin-, week ending this evening reach a tot • erally favorable for farming operations, except in some localities
-l
where rain was too heavy, ootton planting has continued, and recent
■of 100 bales, of which — bah a were to Great Britain, 100 planting coming up well over southern and central portions, and
to France and — to Bremen, ind the amount forwarded to planting under way over northern portion.

S ea I sland Cotton Movement .— We have received this
¡(Friday) evening by telegraph from the various port* the
details of the Sea island cotton movement for the week, The
receipts for the week ending to-night (April 22) anc? since
Sept, 1, 1897, the stocks to-night, and the same items fdt the
corresponding mriods of ¡896-97, are as follows.




THE CHRONICLE.

A pril 23, 1898 i

Total................................................... I.......................................... 72.656
T h e p a rticu la rs o f th e fo r e g o in g sh ip m en ts, a rra n g e d in
o u r u su a l fo r m , a re as fo llo w s .
Great French Ger- s—
Oth.K’rope— Mexico,
.
< C Japan. Total.
&.
Brit'n. ports. many. North. South.
221 20,224
662 2,195 1,050
New York. 10,71.0
:<00 5,096
_
_ ...... 27,29 7
12,618
N. Orleans. 7,651 7,028
........
9,689
Galveston. 9,000
689
27
27
Sab. P.,<fcc.
__
...... 2,004
Pensacola. 2,¿04
__ ........ 5,010
Savannah..
5,010
_ ......
400
N orfolk. ..
400
__ ...... 2,814
B oston . . . . 2,814
663
......
149
Baltimore.
514
542
...... . . . . . . . . . . . . ......
542
Philadelp’a
_ 2,076 2,076
San Fran..
1,910
1,560
350
Tacom a. . .
......
........ ........ ........
T o ta l.... 32,711 7,328 11,709

811 14,813

1,427 3,857 7 2 ,6 5 6

To Japan since September l shipments have been 112,285
hales from Pacific Coast, 8,700 from New Orleans, 26,029 bales
from Galveston, 7,100 b-des from Pensacola, 4,5JO bales from
Mobile and 19,992 bales from New York.
Below we give all hews received to date of disasters to
vessels carrying cotton from United States ports, &c.
B e r n a r d H a l l , stea m er ( B r .) . fr o m N e w O rlea n s fo r L iv e r p o o l, w i t h

3 ,0 0 0 b ales, c o tto n , a n ch o re d o ff th e b a r a t P o rt R o y a l, S. C .,
A p r il 19, w ith s h a ft b ro k e n , a n d w a s to w e d in to p o r t f o r re p a irs .
S a v a n n a h f o r R e v a l, w it h
5 ,7 2 5 h a les o o t to o , has a r r iv e d a t R e v a l w ith b o w p la te s in ju r e d
b y i c e a n d fo r e p e a k fille d w ith w a te r. S ix t y o r s e v e n t y b a le s o f
o o t t o n a re w a ter-d a m a g ed .

G l e n m o r v e n . ste a m e r ( B r ), P otts, fr o m

Cotton freights at New York the past week have been
as follows.
.




Satur.

Mon.

Tue».

18t
331
271
301
33!
461
42f
381
301
35t

18t
33t
27t
30t
33
461
42t
33t
301
Hit

181
33t
271
301
331
46t
421
38 »
30t
35t

18t
35t
30t
30
351
46t
46t
451
351
351

18t
351
301
301
351
46t
461
45t
35t

1864

1364

13«4

L i v e r p o o l ............
18t
33t
H a v r e ...................
271
B re m e n ................
30t
H a m b u r g ............ .e.
A m s te rd a m ........
33t
461
R e v a l, v . H a m b . .c.
42t
Do
v .B r e m ’n .c.
38t
Do
v . H u l l .. .c.
30t
R o tte rd a m .......... .c.
35t
G e n o a .................
T rie s te .................. d.
1364
A n t w e r p ............. d.
964
G h e n t, v .A n t w ’ p .d .
»6«
t C e n ts n e t p e r 1 0 0 lb s.
L i v e r p o o l . —By cable

a
.

Wednes. Thurs.

.FVt.

35t

«
C
O

A rkansas . —
Weather favorable for farm w ork; much cotton land
prepared and some cotton planted; brisk winds of past week rendered
surface of ground too dry, needing rain now.
T ennessee. Cool, wet weather early in week delayed ploughing and
planting except on uplands; last days generally favorable and work
rapidly pushed forward.
Missouri.—Week fairly favorable for work except in some central
and northern counties, where heavy rains fell 13th.
Oklahoma .—Cotton planting begun; season about two weeks back­
ward.
T h ese re p o rts o n c o tto n a re su m m a rized b y th e D ep a rt­
m e n t as fo llo w s :
Cool weather in the cotton region has not been favorable for ger­
mination of seed planted, especially in the central and eastern por­
tions, where it is coming up slowly, and in some sections to bad
stands. In central and southern Texas the recently planted is, how­
ever, coming up well and planting is well under way over the north­
ern part of the State. Some planting has been done in Arkansas and
North Carolina, but none has yet been done in Tennessee.
H ig h W a t e r in t h e M is s is s ip p i .— T he first brea k in -the
lev e e s a lo n g th e M ississippi R iv e r th is y ea r o c c u r r e d on
T u e sd a y , A p r il 19, on th e M elen son p la n ta tion at B a yon
L a fo u r c h e , L a. T h e brea k w as rep o rte d t o be 30 feet w ide.
T h e L e v e e B o a rd does n ot th in k it w ill a tta in m u c h g rea ter
dim en sion s. T h e le v ee, a t th e p o in t w h ere th e b rea k o c ­
cu rre d , is b e tw e e n 5 a nd 6 fe e t h ig h , a nd th e flood ru n n in g
th r o u g h th e creva sse w ill n o t d o m u ch d a m a ge. I t w ill
p r o b a b ly o v e rflo w som e o f th e n e ig h b o rin g p la n ta tion s and
th en ru n o ff ra p id ly in to th e stream s w h ic h in tersect th a t
sectio n in a ll d ire ctio n s.
N e w E n g l a n d C otton M i l l S it u a t io n .— T he strik e at
th e c o tto n m ills in N e w B e d fo rd , M ass., has p r a c tica lly
en d ed , e x ce p t in th e case o f th e spinners.
S h ip p in g N e w s .— A s s h o w n o n a p re v io u s p a g e , th e
e x p o r ts o f c o t t o n fr o m th e U n ite d S ta tes th e past w e e k h av e
re a ch e d 72,656 bales. T h e sh ip m en ts in d e ta il, as m a d e up
fr o m m a il a n d te le g ra p h ic retu rn s, are as fo llo w s :
Total bales.
New Y ork —T o Liverpool, per steamers Cevio, 6,496....N o ­
madic, 1,769......................
8,265
To Hull, per steamer Buffalo, 1,935......................................... 1,935
To Loudon, per steamer Alexandra, 500...............................
500
T o Havre, per steamer La Gascogne, 200 upland and 100
300
Sea Island..................................................................................
To Bremen, per steamers Kaiser Wilhelm - Der Grosse, 100
(additional)___Karlsruhe, 2,202___Lahn, 787— Saale,
589....................
3,678
To Hamburg, per steamer Pretoria, 1.418.............................. 1,418
To Amsterdam, per steamer Port Adelaide, 220....................
220
To Antwerp, per steamers Kensington, 363___St. Cuthbert,
79..................................... ........... .......................................... ...
442
To Lisbon, per steamer Oevenum. 450.....................................
4? 0
To Genoa, per steamers Aller, 298
Victoria, 2 5 8 .....
556
1,189
To Naples, per steamers Aller, 889__Victoria, 3 0 0 .....
To Japan, per steamer Aggt, 221..............................................
221
To China, per steamer Aggi, 1,050........ *................. ............... 1,050
New Orleans—To Liverpool—April 15—Steamers Barbadian,
4,351; Floridian, 3,300...........
7,651
To Havre—Ap il 15—Steamer Bendl, 5,431............................ 5,431
To Dunkirk—
April 21—Steamer Australia, 1,597.................. 1,597
To Barcelona April 15—Steamer Puerto Rico, 1 / 6 3 —
April 20—Steamer Catalina, 2,780
April 21—Steamer
Miguel Jover, 3,900...................................................
8,243
To G enoa-A pril 2 0 - Steamer Catalina, 400.......April 2 1 Steamer La Croma, 875........................................................... 1.275
To Trieste—April 21—Steamer La Croma, 3,100................... 3,100
G alveston—To Manchester—April 20—Steamer Teles fora,
9,000............................................................................................ 9,000
To Bremen—April 20—Steamer Benita, 448............................
448
To Hamburg - April 15—Steamer Birnam, 241.......................
241
27
C orpus Christi , & c.—To Mexico, per railroad, 27 ..................
P ensacola—To Liverpool—April 18 —
Steamer Gracia, 2,004... 2,004
Savannah—To Bremen—April 20—Steamer Essen, 5,010........
5,010
Norfolk —To Hamburg—April 20—Steamer Glengoil, 400.......
400
Boston—To Liverpool—April 20—Steamer Norseman, 1,758
.......April 18—Steamer Cambroman, 242....... April 2 0 Steamer Scythia, 814................................................................ 2,814
B altimore —To Liverpool—April 20—Steamer Willehad, 114..
114
To Hamburg—
April 19—steamer Bohemia, 4 0 0 ....................
400
To Rotterdam—April 12—Steamer Urbino, 149.....................
149
P hiladelphia —To Liverpool—April 15—Steamer Pennland,
542............................. ..................................................... ...........
542
S an F rancisco—To Japan—April 16—Steamer Aztec, 2,076
2,076
T acoma—To Japan—April Is —Steamer Olympia, 1,560............. 1,560
To China—April 18—Steamer Olympia, 350.........................
350

817

1S64

»64

96i

964

8 16

8 16

1164

n 64

r 64

7S2

7»a

from Liverpool we have the follow ­
ing statement o f the week’s sales, stocks, &o., at that port.
April L

April 8. April 15.

S ales o f th e w e e k ............h a le s.
5 9 .0 0 0
5 9 .0 0 0
4 4 .0 0 0
9 9 .0 0 0
O f w h ic h e x p o r t e r s t o o k . . .
1 ,1 0 0
2 ,3 0 0
2 ,2 0 0
3 ,9 0 0
O f w h ic h s p e c u la to r s t o o k .
400
900
800
4 ,3 0 0
Sa es A m e r ic a n ..........................
5 7 .0 0 0
5 6 .0 0 0
4 1 .0 0 0
88.000
A o tu a e x p o r t ..............................
7 ,0 0 0
1 3 .0 0 0
6 ,0 0 0
6,000
F o r w a r d e d .....................................
6 2 .0 0 0
7 6 .0 0 0
5 1 .0 0 0
7 5 .0 0 0
T o ta l s to c k —E s t im a t e d ........... 1 ,1 8 6 ,0 0 0 1 .2 1 9 .0 0 0 1 .2 4 2 .0 0 0 1 .2 5 0 .0 0 0
O f w h ic h A m e r ic a n —E s tm ’ d 1 ,0 8 2 ,0 0 0 1 .1 2 1 .0 0 0 1 .1 4 2 .0 0 0 1 .1 4 2 .0 0 0
T otal Im p o r t o f t h e w e e k ____
8 0 ,0 0 0
1 2 3 .0 0 0
8 0 .0 0 0
8 9 .0 0 0
O f w h io h A m e r ic a n ...............
7 0 ,0 0 0
1 1 3 .0 0 0
7 4 ,0 0 0
7 1 .0 0 0
2 1 2 ,0 0 0
A m o u n t a flo a t..............................
1 6 1 .0 0 0
1 7 3 .0 0 0
1 5 3 .0 0 0
O f w h ic h A m e r ic a n ...............
l« l,0 0 0
2 1 0 ,0 0 0
1 7 0 .0 0 0
1 5 1 .0 0 0

The tone o f the Liverpool market for spots and futures
each day of the week ending April 23 and the daily closing
prices of spot ootton, have been as follows.
Spot.

Sat’day. Monday. Tuesday. Wed’day. Thursd’y Friday.

M a rk e t, ) Harden’g
1 :4 5 P. m .$ tendency.
M ld .U p T d s.

3lBsa

S p e c. & e x p .

1 2 ,0 0 0
1 ,0 0 0

Good
demand.

Futures.
M a rk e t, \
1 :4 5 p . M. \

Firm.

M a rk e t, \
4 . P. M. )

A ctivA

Strong
and
active.

Active.

Fair
business
doing.

3213}

3ifl

3^
1 5 ,0 0 0
1 ,0 0 0

1 5 ,0 0 0
1 ,0 0 0

32133

1 5 ,0 0 0
1 ,0 0 0

1 2 ,0 0 0
1 ,0 0 0

3«8

1 5 ,0 0 0
1 ,0 0 0

Qniet at Steady at Strong at Irreg. at
1-64 ad­ partially 1-64 @ 2-64 4 64<it5 64 (rregnlar.
1-64 deo. advance. advance.
vance.

Firm.

Quiet.

Irregular
and
unsettled.

Firm.

Barely
steady.

Quiet but
steady.

The prices o f futures at Liverpool for each day are given
below. Prices are on the basis o f Uplands, Low Middling
clause, unless otherwise stated.
M o n .

S a t.

April 2 2 .

d.
A p r il.............
A p r il-M a y ...
M a y -J u n e ...
J a n e -J u ly ...
J u ly -A u g ". . .
A u g .-S e p t ...
S e p t .-O c t ....
O ct.- N o v ___
N ov-. D eo. . .
D e o .-J a n ___
J a n .-F e b ___
F e b .-M o h .. .

T ues.

W ed.

T h u rs.

F r l.

1
1 :4 5 4 1:45 4 1 :4 5 4 1 :4 5 4 1 :45
P .M . P. M. P . M. P .M . P . M. P .M . P . M. P . M. P .M . P .M . P .M .

12^

3
3
3
3
3
3
3
3
3
3
3

d.

27
27
27
27
27
26
26
25
24
24
24

—

3 27
3 27
3 27
3 27
3 27
3 26
3 26
3 25
3 24
3 24
3 24
!• —

d.
3
3
3
3
3
3
3
3
3
3
3

28
28
28
2H
28
27
27
26
25
25
25

—

d.
3 27
3 27
3 27
3 27
3 27
3 27
3 26
3 26
3 25
3 25
3 25
f----

4

P.M .

d.
d.
d.
d
d.
d.
d. d.
3 2* 3 30 3 36 3 33 3 37 3 37 3 36 3 3 4
3
3
3
3
3
3
3
3
3
3

28
29
29
29
28
27
27
26
26
26

—

3
3
3
3
3
3
3
3
3
3

30
29
29
30
29
28
28
28
28
27

—

3
3
3
3
3
3
3
3
3
3

36
36
36
3«
36
35
35
34
34
34

—

3
3
3
3
3
3
3
3
3
3

33
33
33
33
33
32
31
31
31
31

—

3
3
3
3
3
3
3
3
3
3

37
37
38
3»
37
37
36
36
36
36

—

3
3
3
3
3
3
3
3
3
3

37
37
38
38
37
37
36
35
35
35

....

3
3
3
3
3
3
3
3
3
3

36
36
36
37
36
36
36
35
35
35

....

3
3
3
3
3
3
3
3
3
3

34
34
34
34
34
34
33
33
33
33

—

BREADSTUFFS.
F r id a y , April 22,1898.
Business in the market for wheat flour has been fairly
active, and during the latter part of the week prices were
advanced in sympathy with the upward tendency to values
for the grain. The demand has been fairly well distributed
between the home trade and exporters, a3 dealers have shown
some disposition to anticipate their requirements as a result
of the war ialk, and shippers have been moderate buyers,
their purchases including a small line of spring patents for
South Africa at full values. Rye flower has ha 1 a moderate
sale and prices have shown a hardening tendency* Corn
meal has been in fairly good demand, as both the home
trade and exporters have been buyers, and prices have ad­
vanced with the grain.
Speculation in the market for wheat futures has been
fairly active and the tendency of prices has been steadily
upward, as a result o f stronger foreign advices aud a con­
tinued active export demand, stimulated by the war talk.
Immediately following our last, prices advanced sharply in
response to decidedly stronger foreign advices and au active
export business. Monday there was a hesitating market
awaiting a more definite turn to political situation, and for
the day prices showed a slight loss. Tuesday the market
again turned stronger aud prices advanced *?^@U^c. oa gen­
eral buying, stimulated by decidedly stronger foreign
advices aud au active export demaud. Wednesday there
was a fairly active market, and in response to decidedly
stronger European advices and large purchases for export
prices advanced, closing % @ l/£ c. higher for the day. Thurs­
day the speculation continued fairly active, and as a result o f
the war talk and the continued demand from exporters prices
were again higher, closing % @ l% c. up for the eay. To-day

818

THE CHRONICLE.

the market opened decidedly higher on the war talk and in
response to decidedly stronger foreign advices. Subsequently,
however, the market turned easier under realizing sales, and
at the close the distant deliveries showed a decline on the
day. The spot market has been active, as exporters have been
large buyers
To-day the sales for export were 300,000
bushels. No. 2 red winter was quoted at 11334c. f. o. b. afloat
for prompt delivery down to 89%c. f. o. b. afloat for late Sep­
tember delivery.

[■Vol . L X V I.

steady. Flannels are in quiet request and blankets dull at
previous prices.
D omestic Cotton G oods.— The exports of cotton goods
from this port for the week ending April 18 were 10 907
packages, valued at $361,512, their destination being t o ’the
points specified in the tables below :
1 8 9 8 .
N e w

Y o r k

t o

A p r il

Week. Since Jan. 1 .

D A IL Y CLOSING PRICES OP NO. 2 RED W INTER W HEAT.

Sat.
May delivery................. 0. 106%
July delivery. ...........,.c. 92%
September delivery_____e. 84%
December delivery...........c. 84%

Mon. Tues.
107
107%
91% 92%
83% 85%
83% 85%

Wed.
1095a
93%
86%
85%

Thurs. Fri.
no
111%
94%
94%
87%
87%
87%
86%

1 8 9 7 .

1 8 .

Great Britain........................
Other European....................
China......................................
India.......................................
Arabia.....................................
Afrioa.....................................
West Indies............................
Mexico............. ; ....................
Central America....................
South America.....................
Other Countries....................

Week. Since J o n

4 8
3 2

1 ,1 5 1
4 2 2

1 2 5
1 0 0

6 ,3 5 9
4 7 1

4 5 ,7 6 3

5

1 ,3 5 4
2 7 ,1 4 5

6 7

. 1

3 ,8 8 9

2 ,2 5 2

5 ,2 0 6
1 3 ,5 1 2

9 0

6 ,8 1 1

1 ,6 6 7

9 9 2
6 ,8 5 9

There has been a moderately active speculation in the
3 9 7
4 .8 2 0
2 2 7
5 ,0 5 3
market for Indian corn futures, and for the week prices show
8 4
1 ,4 2 0
7 8
8 0 4
1 6 6
2 ,1 7 5
2 9 1
a considerable advance, the tendency having been steadily
2 ,2 9 9
8 3 8
1 5 ,1 3 6
4 0 8
1 7 ,1 4 1
upward, as decidedly stronger foreign advices and a con­
1 7 0
2 ,4 4 7
4 0
1 ,4 3 6
tinued active export business have stimulated a demand for
Total.......................... .
1 0 ,9 0 7
9 8 ,8 6 3
investment account, and there has also been some buying by
1 ,3 4 1
6 8 ,6 3 6
China, via Vancouver*___
1 ,7 0 0
8 ,7 5 0
shorts to cover contracts. To day the market was higher at
the opening. Subsequently, however, most o f the improve­
Total................................. 1 0 , 9 0 7
1 0 0 ,5 6 3
1 ,3 4 1
7 7 ,3 8 6
ment was lost. Exporters have continued active buyers in
* From New England mill points direct.
the spot market and their purchases to day here and at outThe value o f the New York exports for the year to date
ports were 1,200,000 bushels. No. 2 mixed was quoted at
88%c. f. o. b. afloat for prompt shipment up to 40%c. f. o. b. has been $3,491,799 in 1893 against $2,833,730 in 1897.
Heavy weight sheetings and drills have be m in light de­
afloat for September delivery.
mand, and prices show more irregularity than before. Con­
D AILY CLOSING PRICES OP NO. 2 M IXED CORN.
verters have operated rather more freely in light-weight
Sat. Mon. Tues.
Wed. Thurs. Fri,
brown and gray goods at irregular prices. Brawn omaburgs
May delivery................. e. 35%
35% 36%
36% 36% 37
are slow and easy, but some large Government transactions
July delivery................. c. 36%
37
37%
37% 37% 38
Oats for future delivery have received only indifferent at in ducks have put up prices on fine graies 5 per cent. Sales
tention, but the tone o f the market has been firm and prices of bleached cottons continue light in all grades. The de­
have advanced on the war talk and in sympathy with the ad mand is readily met and prices are in favor o f buyers. W ide
vance in other grains, together with fairly large purchases sheetings dull and unchanged. Cotton flannels in moderate
for export account. To day the market was firmer on the demand and cotton blankets dull at previous prices. Denims
war talk and a continued active demand from exporters. are selling in limited quantities and prices are barely main­
The sales for export to-day were 200,000 bushsls. No. 2 tained. Other coarse colored cottons inactive and without
quotable change in prices. Kid-finished cambrics and other
clipped oats were quoted at 33%c. f. o. b.
converted linings in limited request and easy to buy. Busi­
D A ILY CLOSING PRICES OP NO. 2 M IXED OATS.
ness ia printed calicoes of all descriptions has been on a
Sat.
Mon. Tues.
Wed. Thurs.' Fri.
moderate scale, and the tone of the market is easy. Fine
29%
30% 30%
30%
31
31%
May delivery............ ...o .
Rye has continued to have a good sale for export and at specialties are irregular. Staple ginghams in steady request
higher prices. Barley has been in moderate demand and and firm. Dres3 styles quiet bat prices maintained. There
has been more business doing in both regular and o ld print
firm. The following are closing quotations :
cloths; regulars steady at 2c.
PLOUR.
F in e......................... $3 25 ®3 40
Patent, w inter.......$4 90 ®5 30
F oreign D ry G oods —The demand for seasonable lines of
Superfine............... 3 60 ®3 75
City mills, extras . 5 60 ®5 70
foreign merchandise has been slow and featureless. Orders
Extra, No. 2 .......
3 80 ®4 00
Rye flour, superfine 3 00 ®3 40
Extra, No. 1 .......... 3 50 » 4 20
for fall have proved indifferent in all lines, but there is a
Buokwheat flour....................
Clears................... 4 25 ®4 60
Com meal—
feeling in the market that the demand will now improve, as
Straights................ 4 50 ®5 40
Western, etc........ 2 00 ®2 10
both buyers and sellers know the condition under which
Patent, Spring. ... 5 40 ®6 35
Brandywine . ...
2 15
business must be prosecuted.
[Wheathour in sacks sells at prices below those for barrels.]
G R A IN .

Wheat—
c.
o.
Com, per bush—
o.
o.
Hard Duluth, No. 1.118% » 120%
Western mixed........... 36% $40%
Red Winter, No. 2..111%® 113%
No. 2 m ixed................36%®40%
Hard Man., No. 1 ...................
Western Yellow..........37% ®40%
Northern, No. 1 ...117% ® 119%
Western White........... 37% $40%
Oats—Mix’d, per bsh. 31 ® 34
R yeW h ite .................... 38 ® 39%
Western, per bush .. 62 ®64
No. 2 mixed............ 31%® 33%
State and Jersey....... 58 ®62
No. 2 white____. . . . 33% ® 35% Barley—W estern..........45 ®55
F eeding..................... 4 2 ®44
W

Im p o r ta tio n «a n d W a reh o u se W it h d r a w a ls o f D r r G o o d a

The importations and warehouse withdrawals of dry goods
at this port for the week ending April 21, 1898, and since
January 1, 1898, and for the corresponding periods of last
year are as fo llo w s:
h
g
g
g
g
œ
*to
S 8® M Î f O P
2
P'S?gg
.

i

F o r o th e r t a b le » u a im ilv iriven h e re nee p ag e 7 3 2

g; • g

l

“

THE DRY GOODS TRADE
N e w Y ork , F r id ay , P. M., April 23, 1898.
There has not been any improvement in the volume of
business transacted during the week as compared with recent
weeks. The quick developments at Washington and the
growing'certainty that diplomacy would speedily give place
to resolute action only made more pronounced the disposi­
tion on the part o f buyers to await the definite outcome;
hence nearly all business for forward requirements has
again been held in abeyance, and the day-to-day demand
governed by such needs as had to be quickly met. W ith the
jobbing trade now growing quieter, week by week, as the end
of its spring season approaches, these needs are of a modest
character in all departments, and both on the spot and
through mail orders business has been of limited proportions.
Further, the tone of the market has ruled easy. There is no
positive pressure, for, as stated last week, sellers do not deem
it advisable, in face of the indifference o f buyers, to force
their stocks upon the market; but with positive orders in
hand the buyer can frequently do somewhat better than a
week ago. In one direction, however, war is helping prices
the Government demand for cotton ducks patting up prices
some 5 per cent. In the woolen goods division o f the market
the demand continues slow and prices easy. Collections con­
tinue good.
W oolen G oods. —The demand for men's wear woolen
an I worsted fabrics has again been on quite a limited scale
both re-orders and new business proving light. Manufac­
turers are in some instances curtailing production, recent
cancellations of orders having left them with unexpected
stocks. The tone of the market is very dull and prices are
irregular in both staple and fanes' lines. Fine grade fancies
have had a particularly disappointing season. In cottonwarp lines sales have been light and only a slow demand is
reported for satinets and doeskin jeans. The overcoating de­
mand is slow, and in cloakings business has been quiet, but
prices are without quotable change. Fall dress goods have
not sold any more freely than before and the market is barely




to 00

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THE CHRONICLE.

A pril 23, 1898,]

8

t at e

and

C

ity

D

819

they refused to issue the levy, and one of the qualification»

e p a r t m e n t . for office is that the candidate shall be willing to go to jail

rather than be a party to the levy.
“ Some time ago the taxpayers offered to pay the face of
the bonds without interest. This was refused by the bond­
The I nvestors’ S upplement will be furnished without holders. and all attempts at compromise on any other basis,
extra charge to every annual subscriber of the Commercial have failed. Gen. Henderson is himself a large bondholder
a n d F inancial Chronicle .
■
. , , and has strong hopes of effecting a compromise.”
The State and City Supplement will also be furnished
without extra charge t o every subscriber of the Chronicle .
The Street R ailw a y Supplement will likewise be fur­
Bond Calls and Redemptions.
nished without extra charge to every subscriber of the
B razoria County, Texas.—Bonds Redeemed.—The county
The Quotation Supplement, issued monthly, w ill also be has redeemed $550 bridge bonds, held by the State Perma­
furnished without extra charge to every subscriber of the nent School Fund.
Caldwell County, Texas —Bonds Redeemed.—The county
Chronicle .
0
.
TERMS for the Chronicle with the four Supplements has redeemed $3,000 bridge bonds.
Codington County, S. Dak. —Warrant Call.—The county
above named are Ten Dollars within the United States and
Twelve Dollars in Europe, which in both cases includes has called for payment all warrants registered on general
fund prior to Register No. 2,436. Also all warrants on poor
postage.
__________
fund registered prior to Register No. 192. Also all warrants
on road and bridge fund registered prior to Register No. 32.
Terms o f A dvertising—(P e r inch space.)
Transient matter (1 tim e).. $3 50 I Three Months (13 tim es)..$25 00 Interest ceases April 8, 1898.
Coleman County, Texas.— Bonds Redeemed.—The county
8TANBING b u s i n e s s c a r d s .
Six months
(26 tim es).. 43 00
X t o months (.8 tim e s )....... 18 00 1Twelve Months (52 tim es). 58 00 has redeemed $4,0 0 court-house and jail bonds held by the
State Permanent School Fund.
Denver, Col.— W ar rant C ali—Paul J. Sours, Treasurer,
B altim ore, Md.—Debt Limitation Under New Charter.—
Under the new city charter granted by the Legislature March has called for payment April 20,1898, all outstanding war­
22, 1898, and now operative, the funded debt of the city is rants of the late city of Highlands, of the following funds :
limited to 1% of the “ taxable basis.” The wording of the Contingent Fund. Improvement Fund, Fire aad Water Fund,
Light Fund, Salary Fund, Bond Interest F and. Also side­
section is as follows :
“ Section 2. And be it further enacted that the Mayor and walk warrants Nos. 148 to 159 inclusive and all outstanding
City Council of Baltimore shall contract no debt in excess of warrants of the late town of Barnnm.
Bond Call.—Paul J. Sours has also called for payment May
7 per centum of its taxable bads, and any ordinance providing
for any such debt to be contracted, as well as the certificates 15, 1898, refunding bonds Nos. 261 to 280, inclusive, issued
of debt issued for the same, shall be void.”
in 1884.
Goliad County, Texas.—Bonds Redeemed.—The county
According to Messrs. Hambleton & Co., Baltimore, there
is some question whether “ gross” or “ net debt” is meant has redeemed $4,000 bridge bonds. Securities were held in
in the above section, and if “ net debt” there is no formula the State Permanent School Fond.
H arrison County, Texas. —
Bon Is Redeemed.—The county
given as to the method o f determining that debt. The City
Register of Baltimore, in determining the “ net d eb t” of the has redeemed $1,200 railroad subsi.ty bonds, held by the
oity, deducts from the gross debt not only the sinking funds, State Permanent School Fund.
K err County, Texas.—Bonds Redeemed —County court­
but the value of the water-works, &e. Ordinarily only
house bonds, to the amount o f $12,000, wore redeemed on
sinking funds and water stock are deducted.
Charlotte, N. C.—Bonds Illegal.—Local papers state that April 14, 1898.
La Crosse, W is.—Possible Bond Redemption..—The Sinking
the Supreme Court of North Carolina had declared illegal
the Charlotte bonds awarded to E. D. Shepard & Co., New Fund Commissioners have recommended Council to author­
York, invJanuary, 1897. The bonds amounted to $209,090, ize the redemption of $ ’0,000 bonds issued in December, 1887.
M issouri.—Bonds Called fo r Redemption.— W e take the
bearing 5% interest, payable semi-annually, maturing in 30
years, and were issued for the construction o f water-works following “ bond calls ” from the circular issued by W hit­
and a sewer system. The New York firm submitted the issue taker & Hodgman, St. Louis :
to Judge Dillon of New York, who discovered that the popu­ A D A IR COUNTY. 5sCbonds, dated April 5. 1803, Nos. 1 to 110, each $500. In­
ceases A
_
lar vote by which they were authorized had not included the A D terestCOUNTY,pril 6.1898. TOW N SH IP, 55C bonds, dated April 5,1893, „ p».
A IR
BENTON
N
authorization of taxes to be levied to pay for the bonds and
81 to 100, each *500. Interest ceases April 5 ,189b.
^
• ,
BATE S COUNTY, MT. P L E A SA N T TOW N SH IP. 5% bonds, dated J u ljrl,
the interest on them. He accordingly advised against ac­
1891, Nos. 151 to 155. each $ i .000. Interest ceases A pril 1,1898.
cepting them until a North Carolina Court should decide B A T E S COUNTY, P R A IR IE TO W N SH IP, 5% bonds, dated A ugust 21, 1889,
Nos. 10 to 12, each *1,000. Interest ceases April l, 18.<8.
o
that the bonds would be a valid obligation upon the city, not­ CASS COUNTY. AUSTIN TOW N SH IP, b% bonds, dated May 3,1893, Nos. 1 to
1, each *1,000. Interest ceases May *, 18 8.
.
,
withstanding the omission. The case was decided against the
IP,
city a few months ago. The decision of the Supreme Court re­ CASS COUNTY, COLD W A T E R TOW N SHMay 5% bonds, dated May 3,1893,
Nos. 7 to 9, each *1,000. Interest ceases
1,1898.
PLE ASA N T
IL L TC
affirms the former verdict. The case has excited wide in­ CASS COUNTY, 8, each *1,000.H Interest W N SH IP, hf, bonds, dated May 87.
1803. Nos. 1 to
Ceases May 1, 1808.
terest, because certain issues which have been sold and ac­ CASS COUNTY, PO LK TOW NSH IP, bonds, dated May 7,1893, N os. 1 to 4,
each *i,ooo. Interest ceases May
kL.
■
cepted by the buyers have been questioned on similar grounds. COOPER COUNTY, P1LO T GR O V E 1, 1898. SH IP, 5£ bonds, da> ed January 1,
TOW N
A Federal Court decision, it is stated, has never been secured
1890, Nos. 176 to 183. each * 00. Interest ceases April 1,1898.
GREENE COUNTY, 5% bonds, dated August 1, ls87, Nos. 23, 28, 50,51, 55.56,
on this point.
57 and 62 to 79. each *1,000 Interest ceases May 2,1898.
Greeley County, Kans.—Bond Litigation.—W e take the J A S P E R COUNTY. M ARION TO W N SH IP, 6%bonds, dated N ovem b er2 ,1891
Nos. 1 to
*500.
following dispatcn from the Kansas City “ W orld ” of April MOBERLY, 33. each bonds, Interest ceases May 2-1898. 141, 247, 248 and 249,
MO , 6£
dated August 1, 1883, Nos.
15,1898: “ A case involving the validity of $35,000 bonds of
each *500. Interest ceases April I , 1-98
.
Greeley County has been appealed to the State Supreme PLATTSBU RG, MO., 6%bond, dated July 2,1803, No. 241, fo r #100. Interest
Court by Attorney-General Boyle.
R A Y C o u n t y . <%bonds, dated October 1,1881. Nos. 115,126,127,129.133,151,
$
156 to 160,163,163, 164, 166, 16b, each $1,000; and Nos. 45, 46, 47, 48, 50, 61,
“ Tha bonds in question were issued by the county many
68, 59, 6o, 61. 63, 65, 67, 68, 69, 70, 72, t-4 and l i 0. each $100. Interest ceases
years ago. They were purchased by the State School Fund
Commissioners. After a time the county defaulted in in­ S A U S B D R V, MO., 6$ bond, dated February 1. 1832, No. 4, fo r $500 . Interest
ceases May 1,1898.
terest, and when Attorney-General Boyle came into office he
Nebraska.—Warrant Call.—State Treasurer John B. Mebrought suit to enforce payment of principal and interest.
The District Court of Greeley County held in favor of tee serve has called for payment April 2 3 ,189S, $33,009 general
county and against the State. It held that the bonds had fund warrants.
Nueces County, Texas.— Bonds Redeem el.—The county
been illegally issued. The Attorney-General now appeals
has redeemed $4,000 jail bonds held by the State Permanent
from that decision.”
Jones Couaty, Texas.—Bond Litigation.—The county has School Fund.
Red R iver County, Texas.—Bonds Redeemed.—Court­
brought suit in the District Court of Travis County to can­
cel $10,000 funding bonds owned by the Permanent School house bonds o f this county to the amount of $6,0o0, held m
the State Permanent School Fund, have been redeemed.
Fund of Ma agorda County.
San Saba County, Texas.—Bonds Redeemed.—Bridge
St. Clair County, M o.—Bond Litigation.—W e take the
following from the “ St. Louis Post•
Dispatch ” of April 12, bonds to the amount of $1,000, held in the State Permanent
1898: “ Gen. John B. Henderson, of Washington, D. C , School Fund, have been redeemed.
Shackelford County, Texas.—Bonds Redeemed.—The
formerly of St. Louis, is in St. Clair County, Mo., endeavor­
..
ing to effect a compromise in the long-pending litigation over couaty has redeemed $500 court house bonds.
Throckm orton County, T exas.—Bonds Redeemel.—Bridge
an issue of railroad bonds of $251,0 < on which never a pay
0
bonds to the amount of $590 have been redeemed by this
ment has been made o f either principal or interest.
“ Under the old Drake Constitution the bonds were issued county.
T yler ( onnty, Texas.—Bonds Redeemed.— The county hag
in aid of a prospective railroad. As the road was never built,
the taxpayers repudiated payment. The State courts held redeemed a $500 court-house bond.
W ashington.—Bonds Redeemed.—The Sta’ e has redeemed
that the county was not liable, but the United States Court,
bonds issued in 1890. This reduces the
proceeding on the theory that the bondholders were innocent $4UJ00 o f the
purchasers, held the county liable and ordered a tax levied to State debt to $260,000.
pay principal and accrued interest, aggregating nearly $900,000, about one third o f the assessed valuation of the whole
county.
Bond Proposals and Negotiations thi«
“ But payment could only be made through the regular week have been as follows:
; channels, and in spite of the Court’s decision the County
Albany, Ga.—Bonds Voted,—The election held April 18,
Court ¿as persistently refused to make the levy. Several
25-year g old
members of tae Court have served terms for contempt, but 1898, resulted in favor of issuing $25,000
TERMS OF SUBSCRIPTION.




820

THE

C H R O N IC L E .

rvoii ' l x y i .

bonds to purchase the electric plant o f the Albany Edison
Cambridge, Mass.—Bond Offering.- Proposals will be re­
Illuminating Co. The vote was 285 to 23.
ceived until 11 a . m . April 26, 1898, by William W . Dallinger,
Alliance, Ohio.— Bond Offering.—Proposa's will be re­ City Treasurer, for $2t5,000 S^jtf school house loans. Secu­
ceived until 2 p. m . May 16, 1893, by J. H. McConnell, City rities will be in denomination o f $10 00 * as far as possible__
—
Clerk, for $20,000 5% street-improvement bonds and $8,000 5% or any multiple thereof. Interest will be payable semi­
sewer bonds. Securities are issued pursuant with sections annually, and the principal will mature 20 years from date
2704 and 2705 of the Revised Statutes o f Ohio and authorized of if sue.
by ordinance passed April 11, 1898. Bonds are in denomina­
Cambridge, Ohio.—Bond Offering. -P roposals w ill be re­
tion of $500, dated June 1,1898. Interest will be payable ceived until 12 M. May 16, 1898, by W. G. Smith, Clerk, for
semi-annually at the office o f the C ty Treasurer. Principal $5,00^ 4
refunding bonds. Securities are issued pursuant
of the street-improvement bonds will mature $4,000 yearly with Section 270 of the Revised Statutes of Ohio and author­
on June 1, from 1899 to 1908, inclusive, and on the sewer ized by ordinance passed March 14, 1898. Bonds are in de­
bonds $2,000 June 1, 1899, and $3,000 on June 1, 1900, and nomination of $l,f00, dated April 1, 1^98. Interest will be
$3,000 June 1, 1901.
Payable April and October, and the principal matures April
Aransas Connty, Texas.—Rond Sale.—The county re­
cently sold to J. B. Oldham, Dallas, Texas, $20,000 5% court­
Canton, Ohio.—Bond Offering.—Proposals will be received
house bonds. Securities bear date April 10,1898, and mature until 12 m . May 14, 1898, by Lewis N. Ley for $10,550 streetApril 10, 1938, subject to call after April 10, 1908. Interest improvement bonds as follows
will be payable semi-annually in New York or Austin at the #500,
o ireeb, uenominaiiioii, fzc
option of the holder.
in 5 years.
A rizona.—Bond Offering. - Proposals will be received until 1.500, E ast 7th S tre e t; den om in a tion , #750; m a tu rity. #750 In 3 yea rs an d #760
m o
10 A. M. May 2, 1898, by C. W . Johnstone, Territorial Treas­ soo, A u ltmyears.v e ; d e n o m in a tio n , #100; m a tu rity , #400 in 3 yea rs an d #400
an A
in 5 years.
urer, for $100,000 5% Capitol building bonds. Securities are
656. M arie A v e .; d e n o m in a tio n , $6‘ 0 ; d u e 2 years fro m date.
issued under A ct 9 of the Nineteenth Legislative Assembly, 2.500, West loth Street; denomination. #500; due one bond yearly.
1,600,
which aot was approved by Congress March 8, 1898. Bonds 3,000, Me er A ve.: denomination. #320; due one bond yearly.
W o o d la n d A v e .; d e n o m in a tio n , #600; d u e o n e b o n d yea rly
are in denominations of $1.< 00, with interest payable semi­
annually at the office of the Territorial Treasurer or at some
Bonds bear date May 2,1898, with interest at not more than
designated bank. Principal will mature 50 years from date 5$, payable semi-annually. A certificate of deposit from the
of issue, subject to call after 20 years. A certified check for First National Bank of Canton for $300 must accompany bids.
5%of amount of bid must accompany proposals.
Charleroi ( Pa.) School D istrict.—Bond Sa’e. - On April
Ashtabula, Ohio.—Bonds Proposed.—A bill recently intro­ 20, 189^, the $25,< 00 5% 1 15 year school bonds were awarded
duced in the State Legislature provides for the issuance of io W. J. Hayes & Sons, Cleveland, at 102*10. Following are
$25,000 bonds to improve Lake Street and $50,000 bonds for the b id s :
dredging the river.
_ , _
Premium. I
. J. H a ves
Sons, le v e n
no D ietz,
n is o n
C le v e .. .#256 75
Bay City, M ich.—Bonds to be Offered.—The city will re­ W ercantile T & st Co..CP lttsla’g d..#525 001 T h e L aD ep re ch t & P rio r, o.,C leve. 15 CO
M
ru
b . son
m
B ros. C
ceive bids until probably, May 9, 1898, for $49,500 5# 3-5- N . N ew com b , C h a rle ro i............ 332 50
year local improvement bonds. Principal and interest will
For description of bonds see C hronicle April 16, 1898.
be payable in New York. Full particulars of this offering p. 7"6.
’
have not yet been determined.
Chatcaugay, N. Y.—Bond Bill Signed.—The Governor has
Bay St. Louis, Miss.—Probable Bond Election.— W e are signed a bill authorizing the issuance of $2,000 bonds to pay
advised that nothing has yet been done relative to the issu­ outstanding indebtedness.
ance of $40 000 bonds for water works and other improve­
Chelsea, Mich. —Bond N ew s—W e are advised that the
ments. It is probable that an electiou will be held to vote on $13,000 bonds recently voted to purchase the Glazier Waterthè question, thè date of which has not yet been determined. Works & Electric Light plants will mature in ten years from
Beaumont, Texas.—Ronds Proposed.—W e are advised by date of issue. The bonds will be sold to local investors.
T, C. King, City Secretary, that the street improvement
Cincinnati, Ohio.— Bond Bills Passed.—The House has
bonds have not yet been issued. Mr. King writes us that the passed hills providing for the issuance of $250,000 bonds for
City Council authorized the issuance of $10,000 gold bonds, the construction o f a viaduct on Harrison Avenue and $25,but the ordinance was vetoed by the Mayor. The Council 00f) market-house bonds. Another bill passed by the Legis­
passed the ordinance over the Mayor’s veto and the bonds lature provides for the issuance of $9,< 00 street-opening bonds.
were sent to the State Attorney General, who refused to ap
Clarion (Iow a ) Independent School D istrict.—Bonds
prove them. “ It is now probable,” Mr. King says, “ that Voted.—The district has voted to issue $3 000 school-house
the Council will issue bonds without the gold clause.”
bonds.
B ird Island, Minn.—Bond Sole.—On April 1, 1898, the
Columbus, Ohio.— Bend Sale.—The Sinking Fund Com­
$12,000 5# village hall bonds were awarded to W. J. Hayes & missioners have purchased from the city $18,f00 4# 10-year
Sons, Cleveland, at 105-64. Bonds mature 20 years from date street improvement bonds.
of issue. For further description of bonds see C hronicle
Bids Rejected.—All bids were rejected on April 15, 1898,
March 19,1898, p. 584.
for the $68,000 4i 30-vear electric-light plant bonds, which
-B olivar School District, P olk County, Mo.-B o n d S a le.- were advertised for sale by the Sinking Fund Commissioners.
The district has sold the $5 000 school-house bonds voted at a These bonds were taken last December for an investment of
recent election.
the sinking fund. Following are the bids :
Bonne Terre (M o.) School D istrict.-R ow d Sale.—The
Pnmium.
Premium
district has sold $20,000 school bonds which were recently R u d o lp h K le y b o lte & Co., O in .#1,675 00 I D ietz, D en ison & P rio r. C l e v e ...# -4 6 80
|
voted.
C itizen s’ Sav. B ank C olum bus.
856 50 i P a rk in son ft B u rr, B o s t o n .
. 2H 2#
5
B radford (P a .) School D istrict.— Rond Rale.—On April T h e N ew P irst N a t.B ’k.C olu m . 715 00 1T h e O h io N at. Bank. C olu m b u s. 250 00
Bonds Authorized.— A. bill has passed the House of the
15,1898, the $16,800 5# bonds were awarded to W. J. Hayes &
State Legislature providing for the issuance of $50,000 6 £
<
Sons, Cleveland, at K 6 946. Following are the bids :
^ • / • ^ y e s .& ^ 0n ^ u 9 e v e l’d - ^ .1 8 7 00 I J. H e n ry K ershaw . P h ila ............ $764 40
bonds for the relief o f the poor fund.
Trowbridgre & Co.. C h ic a g o ..... 960 00 |B ra d fo rd N ational Bank............ . 75565
Comal County, Texas.— Bonds Approved.—Court-house
T he L a m p re ch t B ros. Co.. C lev. 957 00 I M erch an tile T r. Co.. P ittsbu rg. 366 24
p ietz ^ D en lson & P r io r ,C le v e d. 865 20 É d w . C. J o n e s Co., N ew V o rk ... 34000
8. A. K ean , C h icago .................... b40 00 |J n o . K , B ryd en , F ran klin........... 283 92 bonds to the amount of $43,500 have been approved by the
Attorney-General.
Securities will mature as follow s: $800 April 1, 1900Comanche County, Texas.— Bonds Approved.—The A ttor­
* M ° ° A Pril
1902 5 I 1»5'** APril
1904; $2,000 April 1, ney-General has approved f >r registration $5,< 00 bridge bonds.
1906 ; $1,500 April 1, $19d8 ; $2,000 April 1,1910; $2,500 April
Cuyahoga County, Ohio.—Bonds Authorized by State
1,1912 ; $2,500 April 1, 1914 ; $2.500 April 1, 1916. For fur­ Senate.—The Senate has passed a bill authorizing the issu­
ther description of bond* see Chronicle April 9, 1898, p. 721. ance of $1,500,000 court house bonds. Another bill recently
B ristol, Ind.— Bond 1. lection.—An election will be held to passed by the Senate authorizes the County Commissioners
vote on the question of issuing bonds for a water-works and to issue bonds to pay the outstanding indebtedness on the
electric-light plan r.
armory.
B ristol, R. I.—Leans Authorized—The Treasurer has been
Dalton, Mass.— Temporary Loan.—The town has negotiated
authorized to borrow not exceeding $10,000 in anticipation of a loan of $24,500 with the Berkshire Life Insurance Co. of
the collection of taxes. The money will be borrowed in lots Pittsfield at H .
òf from $1,000 to $3,000 from local parties, for short terms
Danvers, Mass.—Loan Authorized.—A. loan o f $50,000 has
ending October 1,1898.
been authorized in anticipation o f the collection o f taxes.
Buffalo, N. Y.—Bond Issue.— The Board of Aldermen has The loan will not he placed at one time, but in $5,000 and
directed the Comptroller to issue a $10,000 3# bond to pro­ $10.000 lots, as money may be needed.
vide for deficiency in the appropriation for coal for school
Dayton», Fla.—Bonds Voted.—At the election held April
buildings. The bond is dated April 15, 1898, and matures 18. 1898, the issuance of $5,000 school bonds was voted.
July 1, 1899. Interest will be payable April 15 and October
F lora, Ind.—Bond Sale.—The town has sold to W. J. Hayes
15. The bond was taken by the Comptroller for an invest- & Sons, Cleveland, $4,000
street-improvement bonds at
inent of the sinking funds.
102-80.
Bushnell, 111.— Bond Award.— W e are advised that the
F ort Bend County, Texas.—Bonds Approved.—The A ttor­
$30,000 5# 5 20 year refunding bonds, the sale of which was ney- General has approved for registration $2,500 bridge bonds.
recorded last week, were awarded to Trowbridge & Co.
Franklin County, Ohio.— Bonds Proposed.—A bill recently
Chicago.
introduced in Legislature provides for the issuance of $15,000
Cainsyille (M o.) School D istrict.— Bond Offering.—Pro bonds to reconstruct levees along the Scioto River.
posals will be received at any time by Dr. H. Nally, member
Frederick, Md.—Bonds Voted.— At the election held April
o f Committee on Loans, for $2,500 5% school-building bonds. 19, 1858, the issuance of $35,000 water bond3 was authorized
Principal and semi-annual interest will be payable at the by a majority o f 114.
First National Bank, Chicago, or at the National Bank of
(xlenville, Ohio.—Bonds Authorized by the House o f the
Commerce, St. Louis. Principal will mature $500 in 5 years, State Assembly —The Hou=e has passed a bill authorizing the
$1,000 in 10 years and $1,000 in 15 years.
issuance o f $25,000 bonds for new school buildings.




A pril 28, 1898.J

THE CHRONICLE.

Greenwood Township (P. 0 . Bower), Clearfield Co., Pa.—
Bond Sale.—The township has sold to local investors $¿,000
4tf 1-10 year (serial) school bonds at 100 50.
Guttenburg, N. J.—Bonds Awarded.—Edw. C. Jones Co.,
New York, have been awarded the $90,00) b% refunding
bonds. A list o f bids will be found in the C hronicle April
9, 1898, p. 722.
H am ilton County, Ohio.—Bonds Proposed.—A bill under
consideration by the State Legislature authorizes the County
Commissioners to issue $35,000 bonds to build a viaduct over
Delta Ave., Cincinnati.
H arrison County, W oodbine School D istrict, Logan,
Iow a.—Bond Sale.—On April 11, 1898, the district awarded
to H. W . Bostwick, Logan, $2,000 b% bonds at 100 50 and
blank bonds. A bid o f 93 was received from J. Haas.
H ellertow n, Pa.—Bonds Voted.—The town has voted to
issue $20,000 bonds for a water plant.
Hoboken, N. J .—Bond Offering.—Proposals will be r e ­
ceived until 8 p. m . April 27, 1898, by the Mayor and Council
for $150,000 4% repaving bonds. Securities are issued under
an A ct of the Legislature approved April 8, 1898. Th9y will
be in denomination of $1,000, dated May 1,1893 and will ma­
ture May 1, 1928. Interest will be payable May 1 and N o­
vember 1. A certified check for $5,030 must accompany bids.
Hum boldt (K an.) School D istrict. -B on d Election.—On
April 22 a proposition to issue $10,003 school house bonds
was voted on by the people of this district. Up to the time
o f going to press the result had not been received.
Hyde Park, Mass.—Bonds Proposed. -T h e issuance of
$100,000 sewer bonds is under consideration. We are advi *ed that no action will be taken at present.
Temporary Loan.—The Town Treasurer has borrowed $43,000 in anticipation of the collection o f taxes. The amount
authorized for this purpose is $80,000.
Jackson County (P . 0. Jackson), Ohio.—Bond Offering.—
Proposals will be received until 3 p . m . May 4, 1898, by O. P.
Schellenger, County Auditor, for $80,000 4% turnpike bonds.
Securiti* s are issued pursuant with Section 4769 Revised
Statutes •f Ohio, and authorized by resolution passed by the
County Commissioners August 9, 1897, and supplemented
April 6,1898. Bonds are in denomination o f $1,000, dated
May 4,1898 Interest will be payable semi-annually at the
office of the County Treasurer, and the principal will mature
$10,000 yearly on May 4 from 1911 to 1918, inclusive. A
certified check for b% of the gross amount of the bonds bid
for, payable to Hiram Stephenson, County Treasurer, must
accompany proposals.
Jennings County, Ind.— Bond Sale.—On April 15, 1898,
the $15,340 5# Center Township pike bonds were awarded to T.
B. Potter, Chicago, at 1 >0*162. Bonds mature oae-tenth an­
nually, beginning November 15, 1899. For further descrip­
tion of bonds see C hronicle March 26,1893, p. 629.
Kalazamoo, Mich. Temporary Loan.—The city has re­
newed a loan of $1,000 negotiated a year ago with John L.
Hollander, of Kalamazoo.
Bond Election.—An election will be held April 30, 1898, to
vote on the question of issuing $210,000 5%permanent-improve­
ment bonds. Bonds, if authorized, w ill mature $10,000 yearly
beginning in 1901.
Kansas City, Kan.—Bond Issue.—W e are advised that the
street improvement bonds recently authorized are part o f
the bonds sold some time ago in the “ Moss contract” for
$40,000 of internal improvement bonds.
Kensington, M ontgomery County, Md.—Bond Sale.—On
April 15, 1898, the $5,0005# improvement bonds were awarded
to the American Surety & Trust Co., Washington, at par.
Bonds mature April 15, 1918, subject to call after April 15,
1903. For further description of bonds see Chronicle last
week, p. 777.
K nox County, Ohio.—Bond Offering.—Proposals will be
received until 10 a . m. May 6,1898, by W . A. Wander, Audi­
tor, for $30 000 6£ bonds. Securities are issued under au­
thority of Section 871, Revised Statutes of Ohio. They are in
denomination of $1,000, with interest payable January and
July. Principal will mature $5,000 yearly on July 1 from
1899 to 1914 inclusive. Both principal and interest will be
payable at the office of the County Treasurer.
Lapeer, Mich.—Bonds Voted.—A t the election held April
11,1898, the city voted to issue $20,003 refunding water­
works bonds.
Lawrence, Mass.—Bonds Authorized.—W e are advised
that the issuance of $75,009 4% 1-25-year (serial) sewer bonds
has been authorized. Interest w ill be payable at the City
Treasurer's office or at the Tremont National Bank. The
date of sale has not been determined, as the Finance Com­
mittee has taken no action as yet.
Lee County (P. O. Gidding), Texas.—Bond Offering.—
Mr. A. B. Green. County Clerk, writes us that the $40,000 5%
court house bonds will probably be sold to the State. The
County Court meets April 21, when tue matter w ill be de­
cided. In the meantime bids sent to the County Clerk will
be submitted to the Court for consideration.
Lexington, Holmes County, Miss.—Bond Offering. P ro­
posals will be received at any time for $20,000 5# boi As, is­
sued to refund railroad-aid bonds now outstanding. Securities
are in denomination of $1,000, and mature one bond yearly.
L incoln County, Oklahoma.—Bond $ale.—The State A gri­
cultural College has bought $19,000 bonds issued by this
county.
Livingston County, N. Y.—Bond Offerinq.—Proposals will
be received until 12 m . May 9,1898, by Foster W, W alker,




821

County Treasurer, for $30,000 4% Court-house bonds. Securi­
ties are in denomination of $5,000, with interest payable an­
nually at the County Treasurer’s office. Principal w ill ma­
ture $5,003 yearly on February 1, beginning in 1900. A certL
fied check for $ 03 must accompany bids. The county has
no bonded indebtedness; the assessed valuation is $26,343,000,
and population about 38,000.
Los Alam itos (C al.) School D istrict.—Bond Election.—A n
election will be held to vote on the question o f issuing $6,000
school-house bonds.
Los Angeles, Cal.—Bond Election.—An election will be
held within thirty or forty days to vote on the question of is­
suing $150,000 fire bonds and $23,030 bridge bonds.
Lucas County (P . O. Toledo), Ohio.—Bond Sale.—On April
19, 1898, the §12,912 72 5%ditch bonds and $2,0u0
ditch re­
demption bonds were awarded to Rudolph Kleybolte & Co.,
Cincinnati, at 100’879. Following are the bids :
Rudolph Kleybolte & Ce.,Cin.$15,013 72 |Spitzer &Co.. T o le d o .............. $14,980 78
W . J. Hayes A Sons, C leve... 15,017 00 Second Nat. Bank, T o le d o .... 14,912 72
S. A . Kean, Chicago............... 15,013 44 1

The ditch bonds mature $1,500 in one year, $4,500 in two
years and $3,912 72in three years; the redemption bonds ma­
ture $500 in one and two years and $1,003 in three year's. For
further description of bonds see Chronicle April 9,1898,
p. 723.
M cConnellsville, Ohio.—Bonds Proposed.—A bill provid­
ing for the issuance of $20,000 water-works bonds is under
consideration by the State Legislature.
Manistee, Mich.— Ao New B onis.—In reply to our inquiry
relative to the proposed issuance of about $200,030 water­
works bonds, we are advised by M. J. Pulcher, City Clerk,
that the city will not issue any bonds this year.
Marice City, Ohio.—Bond Sale.—On April 18. 1893, the
$3,5 0 6% water-works bonds were awarded to W . J. Hayes &
Sons, Cleveland, at 105*914. Bonds mature $530 yearly on
April 18, 1898, from 1905 to 1911 inclusive For further de­
scription of bonds see C h r o n ic l e April 9,1898, p. 723.
M ayville, N. Y.—Bond Election.—An election will be held
April 30, 1898, to vote on the question of issuing $3,000 fund­
ing bonds.
Memphis, Tenn.—Bids Rejected.—A ll bids were rejected
on April 15, 1898, for the $150,003 sewer bonds.
Mercer County, Mo. -B on d s Proposed.—Petitions are being
circulated asking the County Court to submit the question of
issuing $50,000 court-housev
bonds to a vote of the people.
Minden, Iow a.—Bonds Voted.—At a recent election it was
voted to bond the city for a water-works system.
Morton County, N. Dak. —Bond Offering.—Proposals w ill be
received until 2 p . m . May 21,1898, by P. B. Wickham, County
Treasurer, for $25,000
gold refunding b mds. Securities
are in denomination of $500, with interest payable semi-annu
ally at the National Bank of the Republic, New York City.
Principal will mature 15 years from date of issue. Bonds are
issued pursuant with Section 2035 of the revised code of 1895
and will be free from taxation. Principal and interest w ill
be payable in New York City. A certified check for
of the
amount bid for must accompany proposals.
The official notice o f this bond offering will be found among
the advertisements elsewhere in this Department.
Mount Yernon, Mo.—Bonds Voted.—The town has voted to
issne $3,000 electric-light bonds.
Muskegon County, Mich.—Bond Offering.—The county
has voted to issue $25,000 bonds for the building of a road
between Muskegon and North Muskegon. Securities are to
bear not more than b% interest. Proposals will be received
by the Board of Supervisors at the meeting to be held May 2,
1898.
Nashville, Tenn.—Bids Rejected.—A ll bids were rejected
April 15, 1898, for the $150,000 4% refunding bonds. Follow­
ing proposals were received:
Seasongoort & Mayer, Cincinnati..........$150,000114%bonds fo r $152,000.
Rudolph K leybolte & Co., Cincinnati.. 150.0 > 4& i bonds at par, less $3,00#
0
commission.
Spitzer & Co., Toledo................. . .......... 150,00 - 4% bonds at par, less % com ­
%
mission.
S. A . Kean. Chicago.................................. 150.00»
bonds at 100-70.
Goulding Marr........................................... 10,0001% bonds at 99*50.

Natick, Mass.— Loan Authorized.—The Town Treasurer
has been authorized to borrow, from time to time, in such
sums as may be needed, $50,000 in anticipation of the collecticn of taxes for 1898.
Neola, Io w a .—Bids Rejected.—The city has rejected all
bids received April 15,1898, for the $5,000 4%% 5-10-year
electric light bonds. W e are advised that the bonds w ill
most likely be offered for sale again.
Newark, N. J.—Loan Proposed.—A bill recently intro­
duced in the Council provides for the issuance of $500,000
temporary loan bonds.
New Brunsw ick, N. J .—Bond Sale.—On April 21, 1898,
$25,000 4% refunding bonds were awarded to Jos. Fisher at
102, and §25,000 to the National State Bank of New Jersey at
101. The remaining $60,003 of this issue will be again adver­
tised. Bonds mature May 1, 1923. For further description
see C h r o n ic l e last week, p. 778.
New Paynesville, Minn.—Bond Election.—An election
will be held April 25, 1898, to vote on the question o f issuing
$-*,000 water-works bonds.
North Dakota State Hospital fo r the Insane, James.town, N. D.—Bonds Refused.—Local papers state that E. D.

822

L'HE CHRONICLE.

LVol. LXYI*

Shepard & Co., New York, have refused to take the $40,000
Summit, P ik e Conn’ y, Miss.-—Bond Offering.—Proposals
6# 20 year bonds which were awarded to them on February w ill be received until May 8, 1898, by the Board of Mayor and
l , 1898.
Councilmen for $15,009 6# water-works bonds. Securities
Omaha, Neb.—Bonds Not Sold.—All bids were rejected on are in denomination of $100, with interest payable annuallv.
* April 19, 1898, for the $94,500 street-improvement bonds.
Principal will mature as follows: $700 in five years, $7‘ 0 in
Onondaga (N. Y.) School D istrict No. 2.—Bond Bill six years, $800 in seven years, $800 in eight years and $1,000
Signed.—The Governor has signed a bill authorizing the dis­ yearly thereafter. J. B. Holden is the Mayor.
trict to refund its bonded indebtedness.
Sunflower County (P . 0. Indianola), Mi s.— Bond Offer­
Orange County, F u llerton Union High School District, ing.—Proposals will be received until May 2, 1893, by W. P.
Ual.—Bond Offering.—Proposals will be received until 10 a . Gresham, Chancery Clerk, for $20,000 5# court-house
m . April 25, 1898, by D. T. Brock, County Clerk, for $5,000 bonds. Securities are in denomination of $500, with interest
7# bonds. Securities are in denomination of $500, with in ­ payable semi-annually. Principal will mature 25 years from
terest payable semi-annually in Santa Ana. Principal ma­ date of issue.
Sycamore (V illa g e ) O h io— Bond Offering —Proposals will
tures $500 yearly on April 1 from 1899 to 1908, inclusive.
Oshkosh, W is.— Loan Authorized.— A. loan o f $91,000 has be received until 12 m. May 11, 1898, by E. ja y Eyestone, Yil
been authorized. This loan will be borrowed from time to lage Clerk, for $20 000 5# water and electric-light-work bonds.
time in such amounts as may be needed. The notes will Securities are issued pursuant with sections 2836, 2837 and
mature on or before February 28, 1899. Offers at 4%# and 2837a of the Revised Statutes of Ohio, and authorized by
ordinance. Bonds are in denomination of $1,000, dated
several at 5$ have been made for the loan.
P alo Alto, Cal.—Bond Election.—An election will be held March 1, 1898. Interest will be payable March 1 and Sept­
April 28, 1898, to vote on the question of issuing $20,0,00 5# ember 1, and the principal will mature $1,000 yearly on March
gold sewer bonds. Bonds, if voted, will be in denomination 1 from 1901 to 1920, inclusive. A certified check for $500,
of $510 and mature one bond yearly. Interest will be pay­ payable to R. S. Gallaher, Mayor, must accompany bids.
T aylorville (111.) School D istrict.— Bond Sale Con­
able semi-anrually at the office of the Town Treasurer.
Paris, Texas.— Bonds Approved.—The Attorney-General firmed.—At the election held April 9,1898, the sale o f $28,000
4# refunding bonds to W . T. Yandeveer was confirmed bv a
has approved $65,000 water-works bonds o f this city.
Parnassus (B orou gh), Pa .—Bonds A uthorized— The vote of 354 to 4.
Titus County, Texas.— Bonds Approved.—The AttorneyCouncil has authorized the issuancei of $17,000 water-works
bonds and $10,f 00 sewer bonds. Securities will be in denom­ General has approved $3,000 county bridge bonds.
Toledo (O hio)S ch ool D istrict.— Bond Offering.—Proposals
ination of $500, with interest at 5#, payable semi-annually.
Principal of the water-works bonds matures part yearly on will be received until 7:30 p . m . May 20, 1898, by William
May 1 from 1900 to 1917, inclusive. W e are advised that the Coghlin, Clerk of the Board o f Education, for $90,000 bonds.
Securities are issued pursuant with sections 3993 and 3994,
bonds may be sold at private sale.
Paw Paw, Mich.— Bond Issue.—W e are advised that the Revised Statutes of Ohio, and authorized by resolution of the
$10,000 5# 1-10-year (serial) railroad-aid bonds have been is­ Board of Education passed January 10, 1898. Bonds are in
sued and placed in trust to be delivered to the railroad com ­ denominations of $1 000 dated May 20, 1893, and $45,000 will
mature 25 years and $45,0°0 30 years from date of issue.
pany when it fulfils its part of the contract.
- Pern, Ind.—Bond Sale.—The city sold on April 2, 1898, Principal and semi-annual interest will be pavable at the
the $60,000 refunding water-works bonds to the First Na­ Importers’ & Traders’ Bank, New York City. Interest will
tional Bank, the Citizens’ National Bank, William Levi and be at not more than 4#. A certified check for at least 5# of
Moses Rosenthal at par for 4 per cents. Bonds mature $5,000 the par value of the bonds bid for must accompany bids.
Yentura County (Cal.), Santa Paula School D istrict.—
yearly, beginning July 1, 1900. For further description of
Bond Offering.—Proposals w ill be received until 2 P . m . May
bonds see Chronicle March 26,1898, p. 680.
Pim a County (P . O. Tucson), Ariz.—Bonds Not Yet Issued. 5, 1898, by A. S. Kenagy, County Clerk, for $8,000 6# gold
— We are advised by Charles F. Hoff, County Treasurer, that school bonds. Securities are issued pursuant with sections
no action has yet been taken relative to the issuance o f the Nos. 1880 to 1888 inclusive, of the Political Code of Califor­
$147,000 5# 50-year refunding bonds, in exchange for a like nia. They are in denomination of $800, dated May 1, 1898.
amount of 7 per cents. Mr. Hoff says that the matter has Interest will be payable annually on May 1 and the principal
matures $800 yearly on May 1 from 1899 to 1908 inclusive. A
been referred to the District Attorney.
Rhode Island.—Bond News.—We are advised that it will certified check or cash deposit in the sum of at least 10# of the
be, in all probability, several months before arrangements amount of bid, payable to the Clerk of the Board of Supervi­
are made for the issuing o f the $800,000 State-House bonds sors, must accompany proposals.
Vicksburg, Miss.—A7 New Bonds.—W e are advised that
o
authorized at the spring election.
Richmond (Y a.) School D istrict.—No Bond Electirn.— the acts providing for the issuance of $60,000 city hall bonds
W e are advised by Mr. Frank P. Brent, Secretary Board' of and $25,000 building bonds failed to pass the State Legisla­
Education, that the item which has appeared in some of the ture.
W ashington County, Me .—Bond Offering.—Proposals will
papers, stating that an election would be held to vote on the
question of issuing school bonds was incorrect. Mr. Brent be received until 2 p . m . April 30,1898, by Austin Harris, Coun­
says: “ No election has been held here on the subject, and no ty Treasurer (present address East Machias), for $75,000 4#
bonds. Securities are issued in aid o f the Washington Coun­
such bonds are to be issued by the city of Richmond.”
R olette County, N. D .—Bond Election.— An election will ty Railroad, and are part of a subscription amounting to
be held to vote on the question of issuing $20,000 Court-House $500,000 authorized by an Act of the Legislature approved
February 28, 1895, and of which $25,000 has already been is­
bonds.
R olfe (Iow a ) School D istrict.— Bond Sale.—The district sued. Bonds are dated January 1,1898, and mature January
1, 1928, subject to call after Jan. l, 1923. Interest w ill be
has sold an issue of $3,000 school bonds.
Rome, N. Y.—Bond Sale— On April 18, 1898, the $7,000 4# payable semi-annually at the Boylston National Bank, Bos­
sewer bonds were sold at auction to the Oneida County Sav­ ton. Bids will be opened at the Court House in Calais, Me.,
ings Bank of Rome at 112’ 18. Bonds mature April 15, 1921 at the above hour.
Waukesha, W is.— Bond Offering.—Proposals will be re­
For further description of bonds see Chronicle last week, d.
778.
F ceived until 2 p. m . April 29, 1898, by H. E. Blair, City
Saginaw, Mich.—Sale Fostponed.—It is reported that the Comptroller, for $30,000 4# school bonds. Securities are in
sale of $18,000 4# refunding bonds, advertised to take place denomination of $500, dated April 1, 1898. Interest will be
April 16, 1898, has been postponed to April 25, 1898. A de­ payable January 1 and July 1 and the principal will mature
scription of the bonds will be found in the Chronicle April part yearly on April 1 as follows: $500 from 1899 to 1 »4 , in­
clusive, $1,000 in 1905 and $2,000 from 1906 to 1918, inclusive.
9, 1898, p. 725.
St. Johnsville, N. Y.—Bond Sale.—On April 20, 1898, the Total bonded debt, including this issue, is $93,750. Assessed
$12,000 4# water-works bonds were awarded to W. J. Hayes valuation, $3,468,825, about % actual value. Population
& Sons, Cleveland, at 101-55. Bonds mature on May 1 a« 1896 was 7,620.
Webster, Mass,—Loan Authorized:.—The Town Treasurer
follows : $1,000 in 1903 and 1904 and $500 each year from 1905
to 1924, inclusive. For further description o f bonds see has been authorized to borrow $20,000 fora new school build­
ing. Loan will mature $3,000 yearly. Mr. O. Shnmway,
C hronicle April 9, 1898, p. 725.
St. Louis (M o.) Central School District. —Bonds Voted.— Town Treasurer, says that it will be some months before loan
A t an election hel t recently bonds to the amount of about will be placed.
West Boylston, Mass.—Loan Authorized.— At the annual
$24,000 were authorized for a new school-house.
Savanna, III.— Bmd Issue.—The town has issued $1/00 town meeting the Treasurer was authorized to borrow $10,0 0 in anticipation of the collection of taxes. W e are advised
bond to extend its water system.
Schenectady, N. Y - Bond Bills Signed—The Governor hao that it will not be necessary to borrow until the latter end of
signed the bills p issed by the late State Legislature providing June, and then only about $5,000 for 3V^ months.
W estchester County, N. Y.— Bonds Authorized.—The
for the issuance of $97,0 0 water bonds and $15,000 schoo
County Treasurer has been authorized to issue $65,000 jail
bonds.
bonds. Securities wi\l be in denomination of $5,000 and w ill
Scotland, S. Da.—No New Bonds.—Regarding the report h \
some of the papers that $5 000 water works bonds had beet mature $10,000 yearly, beginning July 1,1906. The County
Treasurer has also been a u th o r e d to issue $25,000 funding
authorized, we are advised that “ no such issue was con
bonds and $20,000 bonds in anticipation o f the collection of
tempi ated.”
taxes for the temporary relief of the county poor.
Sheboygan County, M ich.—Bonds Proposed.—Theissuanc
f bonds for a court house is under consideration.
W ilm ington, Del.—Bond Offering.—Proposals will be re­
Somersworth, N. H .—Loan Authorized.—A loan of $25. ceived until 12 M April 28, 1898, by W illiam H. Curry, City
.
)00 ‘ for present needs” has been authorized.
Treasurer, for $60,000 4# bonds. Securities will be denomina­
S terling (T ow n), Col.—Bonds D feai< d.—At the electio'
tion of $50 or multiples thereof. Interest will be payable
¿eld April 5,“; 1898, the proposition to issue $3^,000 watei
works and eledtric-iight bonds was defeated.
April 1 and October 1 and the principal will mature as fob-




THE CHRONICLE.

A p r il Tà 1898. J

lows : $10,000 October l, 1925; $29,400 April 1, 1926, and $20,600 October 1, 1926.
The official notice o f this bond offering will be found among
the advertisements elsewhere in this Department.
W ilm ington, Ohio.—Bond Sale—On April 18, 1898, the
$10,000
electric-light bonds were awarded to W . J. Hayes
< Sons, Cleveland, at 102-17. Bonds mature $2,000 each
fc
March 1 and September 1, 1900 and 1901, and $1,000 March 1
and September 1, 1902. For further description of bonds see
C h r o n ic l e March 5,1898, p. 487. Following are the bids :
W. J. Hayes & Sons. Cleveland..102-17 I First National Bank, Cincinnati.100 055
Rudolph Kleybolte & Co., Cincin..l00-39 |S. A . Kean, Chicago.................... 100'05

W inton Place, Ohio.—Bond Sale.—On April 15, 1898, the
$2,800 5% refunding bonds were awarded to Briggs, Smith &
Co., Cincinnati, at 1'4 339. Bonds mature 20 years from
date of issue, subject to call after 15 years. For further de­
scription of bonds see C h r o n ic l e March 19, 1898, p. 588.
W oodbury County, Iow a.—No New B onds— Regarding the
proposed issuance of $100,000 funding bonds, we are advised
by J. A. Magoun, Jr., County Treasurer, that the Board has
decided not to issue bonds to fund the floating debt.
Yale (T illa g e), Mich.— Bonds Voted.—A t a special elec

823

tion on April 20, the question of issuing $30,000 water and
light bonds was carried by a large majority.
Yonkers, N. Y.—Temporary Loan.—The Yonkers Savings
Bank has taKen an issue of $34,000 short time 4# bonds.
York County (N eb.) School D istrict No. 12.—Bond Sate.
—The district has sold at par to N. W . Harris & Co., Chicago,
the $18,00J 5% school bonds.
Pima County, Ariz.—Charles F. Hoff, Treasurer. County
seat is Tucson. Railroad aid bonds of this county have been
declared illegal by the United States Supreme Court. The
county is now offering $147 000 of 5# funding bonds in ex­
change for a like amount o f redemption bonds.
$13,500
LOANS —
When Due. Cash on band........ .
R e d e m p t io n B o n d s —
Net debt Jan. 1 ,1 8 9 8 .... 343,740
Tax valuation, real........ 2,310,321
7s, Jan., $22,000..Jane 30,1901
7s, Jan., 125,000..June 30,1902-6 Tax valuation, personal. 1,249,511
($25,000 due yearly.)
Total valuation 1897___ 3,559,832
Assessment abt. 7-10 aotual value.
7s are subject to call.
Total tax (per $1,000) ’97..$27-50
T e r r it o r ia l f u n d in g B o n d s—
5s, J&J, $210,240....................1942 Population 1890 was........... 12,673
Bonded debt Jan. 1, ’ 98.. $357,240 Population 1897 (est.)........ 18,000
INTEREST on tbe 7 per cent bonds is payable at First National
Bank, New York City; on tbe 5 per cent bonds at Pbœnix, Ariz.

T0 STATE AND CITY DEfANTMENT,
I n tbe following Index reierence is made by the page number to every Item regarding State, city, town or county finances which has been
published in the ourrent volume of the C h r o n ic l e — that is, since January 1,1898. For index to items in Volume 65, see C h r o n ic l e o f
December 25,1897, page 1235. Items in the current number are not noted in the index. Full-face types refer to latest reports of total debt,
assessed valuations, &c. This index will be published i n the S t a t e a n d C i t t D e p a r t m e n t of the C h r o n ic l e on the last Saturday o f each
month.
berdeen, Miss.............
bilene, Kan.........721,
A da Co. School District
No. 6. Id aho..........351,
A del Independ. School
District, l a .............
Akron, Ohio............... 392,
A la b a m a ..........................
Alam eda Co.. Berkeley
School District, Cal.. ..
Alameda Co., Bray Sch.
Sch. Dist., Cal.......483,
Alam eda Co. Fruitvale
Sch. Dist.. Cal.........148,
Albany Co., N. Y. .. 19«,
Albany, Ga. .......... 198,
Albany, N. Y . . . 4*3, 583,
Alexandria Co., Va .300,
48 i,
Alexandria, Ind..............
Alexandria. V a ...........
Alleghany Co.. Va...392,
028,
Allegheny Co , M d ... .97,
Allegheny Third W ard
Sch. Dist., P a ................
Allegheny Thirteenth
W ard Sch. Dist., Pa.,
198.
Allentown. P a ................
Alliance Sch. Dist.. O ...
Amerlcus, Ga. .537, 583,
Amherst Co., V a ....250,
300, 351,
A nderson Co., S. C ........
Anderson, S. C . . , . . i .......
A ndover, Mass........ c3 8 ,.
Annapolis, Md.. .4(5,14*,
Anoka Co.. Minn.............
Appleton, W is.............. .
A rapahoe Co. Sch. Dist.
No. 2, Col.................. 46,
Arapahoe Co. Sch. Dist.
No. 17, Col ... . .
Arapahoe Co. School
District No. 21, C o l....
A rdsley, N. V ..................
Argentine, K an...............
A rizona...................... 249,
A rkansas.........................
Arlington, Mass.............
Ashland. K y ....................
Ashland, N e b ................
Ashland, W is _ 10,199,
_
Asplnwail, P a ..................
A tchison, K a n ........... ..
Athens. Ga .............. 148,
Athens Co., Ohio.............
Athens, Ohio. .300,355,
Athol, Mass.....................
Atlanta, Ga........ 351.538,
Atlantic City, N. J ..........
Augusta, Ga.9S, 301,435,
484,
Austin, T ex.
.........4«,
Avalon P a ..98,199, 351.
A von, M ass.....................

351
776

A

«28
538
676
628
675
583
392
538
776
721
147
392
776
533

538
19*
583
721
392
«75
If 8
675
58
392
151

aker
Baker City, Ore...........
City Sch. Dist.

97
97
628
721
f83
778
775
776
198
776
6 8
46
199
250
148
3-2
675
721
721
675
148
392
304
250

Blair Co., Pa................ 97,
9s C h a n e ro i -ch . D ist., P a .
776
776 C h arleston Co., S. C .......
Biair, N eb..................675,
250
Blakely, P a ...... ; ............
199 C h arleston, 8 . C .250, 438,
676
Bloomfield, N. J .98,199,
301
C h arlotte, M ic h ..........
301. 534, 721, 77« C h a rlottesville, V a . .250,
Bloomfield, Ohio.............
776
629,
721
Blue Earth City, M in n .. 14* C h ebo vgan Co.,M ich.438.
Bluff ton, Onio..................
s9
638,
7 '6
Bolivar Sch. Dist., M o..
675 Chelsea, M ich ........
776
Bollinger Co. Sch. Dist.
C h 8rryvale, K an. (see
No. 4, Mo.
................
435
K a n s a s ) .........................
302
Bonhomme Co., S. D
. 3 5 5 Chester C «., T e n n .........
77«
Boston, Mass.46, 97, 250,
C h etop a, K a n .................... 3 5 5
301, 776 c h tc a g o , l i t ................... 97.
393
Botetourt Co., Va... .2M>,
C h icago J u n ctio n , O ..47,
301
352, 392, 435, 584 ■ C h icago Sanit’y D ist., 111.
538
Boulder, C ol....................
776 C hildress Oo., T e x ...........
538
Bourne, Mass..................
623 C h illieothe, O h io.......
781
Bowling G rain,0.98,148,
C h in ook Sch. Dls., W a sh .
584
260. 776 C h u rch 's Ferry, N. D .. .
393
Bozeman, Mont. .98,148,
Ci u cinnati, O h io . . . . . 47,
199, 3 0 4 , 436, 537
147, 199, 250, 301, 352,
Braddoek, Pa...................
98
484. 675. «76, 721,
775
Bradford, P a ...................
199 C incinnati Sch. D ist., O..
Bradford Sch. Dist., Pa.
250.
484
199, 250. 392, 721 C ircieville, O h io......... .
676
Bradley Beacb, N. J. .46,
584 Ciailam Co. Sch. D ist.
Bradner, O h io..................
250
N o. 7 W a sh ........... . . .
538
Branchville, N. J ...........
392 C larinda Sch. D ist., Io w a
484
Brandon, Miss................
484 Clark Co., K y ................9»,
436
Brazos Oo., T e x ........ 43«,
Cl ir k C o , W a s h ................
435
538,628,
675 C larksville, V a ..................
639
Bridgeport, Ohio ..........
776 C laxton , G a.................. 393,
584
Bridgeport, W . Va.........
E«4 Clay Co., K a n .....................
539
Bridgewater, N Y ..........
.
351 C lay Co.. T e x .....................
575
Brighton. I l l .....................
776 C layton Co., G a ................
301
Bristol Co., Mass. . . . 148,
199 Clay, W a ih in gto n and
352
Bristol, R. I .............,301,
W e b ste r D istricts, W .
Brockton, M ass...............
250
V a . . . . . . ............................
678
Brokenbow School Dis­
C levelan d. O h io ..8 8 , 148 ,
trict, Neb......................
46
198,199, 352, 8*3, 539,
Brookfield, Mo . . . . . . .
392
584. 629, 67«, 722,
776
Brookhaven, Miss ........
638 C lifto n (C in cin n ati), o . .
629
Brookhaven School Dis­
C lifto n H eigh ts, P a .250,
trict No. 23, N. Y. .584,
676
301, 436,
484
Brookline,M ass. 46,148,
352 C linton Co., I o w a ............
628
Brooklyn, Conn.393, 484,
C linton, K y .........................
199
538,
676 C linton, N. J .......................
537
Brooklyn, N. Y .................
46 C lio Sch. D ist.. M ich.......
776
Brum-wick, M o................
199 C oa h om a Co., M is s .. 301,
Buchanan, V a............ .
393
628,629,
676
Bucyrus, Ohio.................
721 C och ise Co., Ariz ..............
249
Buffalo, N eb..................... Ü5 4 C offeyville, K an......... 47,
778
Buffalo. N. V. 46. 97, 98,
Do
See K an sa s..
302
148, 250, 801,352,393,
C oh oes, N. Y .......
6 <9,
777
436,481, 538, 584, 628,
C ole Co.. M o................ 148, l .Y J
67«, 721,
776 C ollege H ill, O h io....... 98.
301
Buncombe Co., N. C.,
C o lle g e P o in t. N. Y .........
47
629
96,
249 C ollln w ood, O h io ___436,
Burleigh Co., N D ..........
628 C olorad o Springs, CoL.
98, 199,
629
Burlington. N. C.............
584
Burnet, T e x . . . . .............
776 C olton . Cal......... . . . . . .
148
48*
Burrillville, R. 1.............
148 C olum bia Co., N . Y .352,
Bushnell, 111.....................
776 C olum bia. M o............ 5*4,
777
Butler Co., N eb...........
5*4 C olu m bu s, G a ..................
148
Butler C o .,P a ........ .
721 Colum bus, M is s . 301,4 36,
676
Butler Co., Ohio.............
352 C olum bus. O h ie.........250,
393, 435, 436. 484, 539,
Butler, Ohio.....................
43«
583.676,
777
Butte. M on t...........
..
H8
Butte Sch. Dist., M on t..
7<6 C olum bus Sch. D is., N eb,

No: 5, O re.....................
r ia b e ll Co., W . V a ........
199
Baltimore, Md. .301, 392,
675 * 'airo. 111 .................199,
629
538, £83,
638 Caldwell Co.. M o...... 393,
684
Bandera Co., T e x ...........
629
46 Caldwell, Ohio..........352,
Bangor, M ich ...
..........
Calhoun, G a............... 484,
67«
Barry Co. School Dist.
776
198 Calhoun. M o ...................
No. 2, M o .... ...............
775
96 California Irrig D ists...
Basic City, Va..................
776 Calum etTwu.,M o...........
436
Bay City, M ich......... 351,
675 Cambridge, Mass, ... 199,
Bayfield Co., W is...........
352,
484
484
Bayonne, N. J ..................
Cambridge, Ohio.... 47,
629
Bay St. L '«Is, M iss..301,
584 Cambridge Springs, P a ..
9*
.............
351,485,
392 Camden, N J ........ 484,
.
584
Beaumont. T e x ...............
776 Canton, Con*
............... 1 5 1
Beaver, Pa. ...................
584 Canton, O. .393, 436. 5-18,
Bedford City, V a ....851,
684,
676
46
B edford, Ohio..................
250 Cape May, N. J ................
47
Bedford, Pa ...................
5W Carlyle Sch. Dist., I l i....
4
393
Bellefontaine, Ohio.......
£28 Carthage, Mo...................
97
Bell Co., T ex 35 5,435,
199 Cass Co., M ich........... ...
148
Belleville, N. J ........... 98,
53« Cast!eton Onion Free
Berkeley, Cal..
776
School District, No. 3,
Berkley Va ..
88
«28 1 •N. Y ................................
Berryville, Va,
1 5 1 Cattaraugus Co., N. V.,
Bethel, Me. ...
..199,
721
484,
676
199.
301 Cedar Co. School Dist.
Beverly, Mass...
581
No. s. M o ..................
148
Bexar Oo., T e x . ..538,
301
776 Cedar Falls, Iow a___250,
.Bibb Co., A la ..,.
48 Cedar Rapids, Iowa........
435
B idde'ord, M e...
199 Cedar Rapids Sch. Dist.,
.. .46.
721
Iow a......... ...........
301
Birch ale, M inn.
484,
58* Centreville, O h io...........
721
Champaign School Dis­
N. D.
trict. I l l .................. 7 * .
776
..301,
Chariton Co., M o...........
7219
B lackstone, Mass.,




f

436.
777
C olu m bu s Sch. D ist., o . .
250, 301, 436,
454
Com al Co., T e x ..................
53-<
C om an ch e Co., T e x .. 198,
392
C on cordia, M o ........... 352,
43«
C on cord , N H ...................
722
C o o s Co., N. H .................. 3 0 4
C oquille City, Ore ...........
304
C oraop olis S ch o o l D is­
676
trict, P a .................... 629,
Corry. P a ...................... ..
584
C o sh o cto n , O h io ........ 393,
539
C ouncil Bluffs, I o w a .......
300
C ou n cil B luffs Sch. D is ,
la ..................................250,
484
C ov in gton , K y ......... . . . .
43«
C ow ley Co., K a n ........250,
534
C ran ford , N. J ....................
539
C ranston, R. 1...................
722
C raw ford
Co. S c h o o l
D istrict N o. 3, M o . . ..
675
C ra w fo rd sv ille , l a d .......
67«
Creston, Io w a
— 629, . 777
Cripple Creek. C o l...148,
43«
C rosby Co., T e x ...........135
538
Crystal Springs, M iss . . .
722
Cuffeys C o v e S ch o o l D ls trict. C a l....... - ...........47,
250
Cu lpeper Co., V a . . . .199,
250
CulpepSr. V a ...................
148
C u ster Co. Soh. D is.,N eb.
676
C u yahoga Co., O h io ..351,
629

Dalton Mass.........584,
arm ile, Va .300,301,

f 7«
67«

199
Dayton Sch. Dist., 0 ......
Dayton, Ohio ..........352,
539, 629, 676,
722
D jyton. T e n n ................
199
De 1, N. J ........................
392
Dedham, Mass.. 199, 250,
355,
777
Deering Sch. Dist.. Me..
676
Deer Lodge Co.. Mont.
98,301,
584
Deflanoe, Ohio ...............
47
Defiance School Dis­
trict, O h io ...... ...629,
722
Delaware Co., O h io .......
98
Delhi Twp., Williams
Special School District
No. 2. Ohio........... 352,
484
Denton Co., T e x ............. 3 5 5
Denver, C o l..97, 9*, 300,
538, 583,
72 l
De Pere, W is ...... 98, *2 *,
777
721
Des Moines, la ......... 250,
De Soto Sen. Dist., M o ..
72 i
Detroit. M ich..................
629
De W itt Co., I l l .............
122
De W itt Co., T e x .............
538
Dickinson Co., Clintw ood School District,
V a .................... 149,199,
250
Dickinson Co., Kan 199,
300
District o f Columbia 4«.
149
Dodge Co. Indeo. School
Dist. No. 50, M inn.1 >9,
352
393
Douglas Co., N eb.96,351,
537,
67«
Douglas Co. School Dis­
trict No. 38, W ash.......
722
Dracut, Mass...................
199
Dublin, Ga....................... 1 5 2
Dublin Sch. Dist., T e x ..
724
Dublin, T e x ....................
6*4
Dubuque, la ..
- .........
199
Duluth, M inn....98, li9 ,
«29,
777
Duquoin, 111.......149, 250. 3ns
Durand, M ich........ ,.199,
301

E ast Chester, N.T..250,
301,

Farmers’ Irrig. Dls., Neb.
Fayette, P a ...............200,
Fergus Co. School D is­
trict No. 1, M ont. . 352,
43«. «29, 67«,
Fergus Falls, M in n ..629,
722,
Findlay, O h io .................
Fitchburg, Mass....... 9«,
Fitzgerald. Ga 149, 200,
251,352.3 4 6.5 84 ,
Flathead Co. School Dis­
trict No. 12, M ont.......
Floyd Co. T e x ...... 14*,
Flushing Union Fr. Soh.
Dist. No. 1, N .Y ............
Forest, W i s .....................
Fort Collins School D is­
trict 3o.5, Col 352. 484,
Fort Dodge Independent
School Dist., I a ....8 :9 ,
Fort Dodge. l a . . . »7, 539,
Fort Scott, K a u ............
F ort W orth. T e x ...........
Fostoria, Oh’« ..........353,
Fostoria School District,
O h io ...............
676,
F oxboro, Mass..................
Frankfort, Ohio........ .
Franklin Co.. Ohio_ »7,
_
Frankl in Co., P a ..............
Franklin. K y............... 98,
Frederick, Md...... 47, 86,
Fredericksburg, V a ......
Freedom P a...................
Fremont Ohio................
Fresno, Cal........... ...........
Frostburg, M d..........200,
Fulton, M o......................
adsden, A l a .
Gallon Sch. Dis.............
, O 302,

777
629
149
393
538
47
777
722
777
584
676
775
434
722
200
251
777
251
302
722
393
200

722
436
534
583
436

722
352. 584,
47
Gallatin. M o.....................
7?2
Gallia Co., O h io ..... .629,
393
Gallipolis, O h io ......149,
249
Galveston, T e x ......147,
149
Garfield Co.. Utah...........
Geneva, N. Y .........3 5 2 ,
722
436, 676,
Georgetown School Dis­
722
trict, Ohio.............. .
249
Georgia..1
........... 147, 148,
251
Gibsonburg, O a io...... U
S,
98
Gtllett, Col........................
436
Gladeville, V a.................
436
Gladwin. M ich. . 00, 251,
Glasscock Co., T e x ........
721
Glastonbury, C onn....47,
393
302,
Glenville, O h io ....3 5 6 ,
53»,
Glenwood Independent
722
School District, l a .......
722
Glenwood. Iow a ........... .
Gloucester City, N. J.,
352
200,
Gloucester, Mass. .47, 99,
352
200.
676
Gloversville, N. V ..........
676
Goldsboro, N. C ..............
Gonzales Co., T e x ........... 1 5 3
i i-ioodell Sch. D is t, la ...
777
i Goodhue Co. School Dis200
i trict No. «8, M inn........
99
Graceville, Minn.............
Graceville School D is­
trict No. 11, Minn 676,
777
Grand Junction, Col.584,
777
722
Grand Ledge, Mich. .676,
Grand Rapids, M ich......
Grand TraverseCo .Mich.
Gravesend, N. Y ......9 9 ,
149,
200
Green Bay. W is ..... 352,
438, 481, 629. 678,
722
Greene Co., Mo .............
53S
Greenville. M is s .........
72 2
Greenwood Co., S. C.251,
676
Greenwood, 8. C........198
wriggs Co., N. D.
.....
Guadalupe Co., T e x .......
435
Guttenburg, N. J ... .629,
722

352
East Cleveland, O .. .250,
484, 53»,
777
E asthanrton, Mass . . . .
777
East Liverpool. 0...67 6 ,
722
200
East Newark, N. J ..........
Easton, P a .352,436, 484,
628
E ast Orange, N. J ...........
200
Eaton Rapids, M ic h .....
98
Eau Claire, W is...............
722
Eldon School Dist., la ...
722
Eldorado Springs School
District, Mo..................
19«
Elgin School Dist., 111...
629
Elgin, rex ......................
250
Elizabeth City Co., V a ...
777
Elizabeth, P a.............
396
Elkhorn. Wis...................
«29
Elkins, W . V »..........250,
301
Elk P o in t,8. D .. .47,149,
352
Blkton 8ch. Dist., K y ...
722
Ellijay, Ga..........436, 539
5*4
Ellis Co., Kan ..........
9Bills Co.. T ex. ..
435
Elma, Iow a................ 434,
67«
Elmwood Place, 0 ..........
149
El Paso Co. School Dis­
«7«
trict No. 11, C o l ..........
El Paso Co., Tex.436,484,
584
El Paso, T e x ............... -. 539
Elsinore. Cal.............. 436 4 3 9
251
E lw ood .ln d...............200,
Elyria, Ohio...... 300, 539,
777
Emporia, K an..................
3*3
Emporia Sch. Dist., Kan.
777
Erath Co., T e x .... . . . . . .
435
67«
Essex, Conn.....................
Essex Co., N. J. .352, 43«,
5*9,676,
777
Esthervllle School Dist.,
Iowa......................... 484,
629
Evanstcn, 111....436, -84
639
Evanston Sch. Diet., 111.
777
Evanston, Ohio. .98, 352,
3 3 -), 436,
67«
alifax Co., V a ............
Evansville, In d ...............
39,2
allowell. M e..........47,
Everett, M ass.................
200
H amilton Co., Ill.............
E xcelsior Springs, Mo..
302,
393 H amilton Co.. T e x .. 148,
Hamilton, Ohio........ ...
Exeter, N, H ...................
436
Hamilton Sch. Dist., O.,
airmont, Minn......149,
200, 251, 393,
iS ’*, 302 Hammond, Ind................
Hamm ond Sohool Dis­
Fall River. Mass.......438,
629,
777
trict. Ind........................
Fa Is Co., T e x ..................
675 Hampden Co., Mass.......
Fannin Co., T e x ., ...........
249 Hampshire Co., M a ss...,

H

F

684
436

47

m

392
47

484
584

200

824

THE CHRONICLE.
INDEX TO S T A T E AND C IT Y

Hannibal. M o ...198, 392,
H aroor Springs, M ich ...
Hardeman Co., T e x ........
Harlan Sch. Dist.. Ta_
_
Harmon & Morion Twos.
Drainage District No.
1,111........ ................ 437,
Harriman, T en n .............
Harris Co., T e x .......97,
Harri8onbnrg, V a...........
Harrison Co., T ex ...........
Harrison. Ohio........ 353,
H artington, Neb.............i
H artford, C onn..............
Harvard, N eb .. 200, 585,
Haverhill, Mass........si0.
H ays Co., T e x .. .251, 353,
Hazleton. Pa ...393,484,
Healdsburg,Cal .. .. 539,
Helena, Mont.......... 47,
H ellertown, P a ..............
Hempstead Union Free
Sch. Dist. No. 14, N. Y „
302,
H enderson Co.. K y ........
H ennepin Co.. M inn... . .
H ey worth Sch. l>ist., 111.
H idalgo Co., T e x ...........
Higginsville, M o.............
H igh Bridge, N. J ...........
Hill Co. T e x ............... 302,
H illsborough Co., N. H .
Hillsdale Co., Mich. .149,
539
Holland, M ich............... .*
H olland Patent, N. Y . . .
H olly Beach. N. J ..........
H o lt Co. School District
No. 2, M o......................
H olyoke. M ass...47, 484,
H om er, 111........... ............
Homestead, P a........... 99,
H oney Creek Twp., Ind.
H ood Co., T e x .................
Hopkins Co., T e x ...........
H orton, Kan. (»re Kansas)
Houghton. M ich...... 393,
Houston, T ex
... .853,
H ow ard' Co., M d.............
Howard Co., M o.............
H udson Co., N. J.............
Hudson. N. Y . . .2«0, 585,
Humboldt School Dis­
trict, Kan
................
Huntingdon, P a .............
Huntington. N. Y...........
H untsville, M o ................
H uron Co., Ohio.............
Huron, 8. D.....................
H utchinson, M inn .,»29,

6*3 Hutchinson School Dist.,
777
Minn...............................
539
538 HyattsviJle, M d...............
149
677
da Grove, la ..................
722
da Grove Sch.Dist., la.
6*9
585 Illin o is ..............................
47
149 Independence Sch. D is­
775
trict, Kan......................
393
417 Independence Sch. Dist.,
437
Missouri...........
48i,
585
484 Indiana ...................... 97,
398
777 Indianapolis, Ind .. 200,
302
198 Iola. Kan................... 393,
ö-'S
620 Iowa City, Iow a...............
353
393 I ron River, W is .............
99
538 Ironton School District.
5 '9 v Ohio..........................140
261
777 Isle o f W ight Co., V a ... .
893
677 Issaquena Co., Miss........
200
2u0
acksboro School Dist.,
T e x .............................
302
353 Jackson Co., I ll..............
721
96 Jackson Co., Kan
302,
893
1 S 1 Jackson Co.. M o...........
675
629 Jackson, Mich ....................722
06 Jackson Sch. Dis., M ich.
777
3 0 1 Jamestown, N. D.........
251
392 Jamestown, N. Y ....393,
639
583 J anesville, W is................
437
4 3 » Jasper Co., Ind..........251,
802
Jasper, F la.......................
353
722 Jefferson City, Mo. . .585,
777
7*2 Jefferson City School
629
777
D ist:ict. M o..................
3 9 0 Jefferson Co., T ex ...437,
48t
Jeffersonville.lnd.96,147,
851
1P8 Jennings Co., In d ...........
629
539 Johnstown t'Chool Dist .,
200
Pa ............................437,
639
437 Junction City, Kan. (see
99
302
Kansas).................
638
683
alamazoo, M ich ..630,
777
302
alona Sch. District,
481
l a ...............
«80,
677
437 Kandiyohi Co. Ind. Sch.
353
Distiict No. 37, Minn.,
148
639,
585
629 Kankakee Co., Hopkins
777
Drainage District, 111..
630
Kansas..................
«6,
302
777 KansasCity, Kan....20C,
722
393 Kansas City. M o..
99,
638
722 Kansas City School Dis­
485
trict. Mo..................630,
777
251 Kendall Co., T e x .............
638
96 Kensington. M d ............
777
677 Kent Co., Mich.t92, 393,
777

r

r

K

NEW LOANS.
^ 25,000

D E P A R T M E N T .-C ontinued .

Kentucky. 86.97.8o?.«28,
Keokuk Independ. Sch.
Dist., la .................. 630,
Kern C o , Randsburg
Sch. Dist.. C a l . ...........
Kerr Co., T e x ........... .
Keysville, V a..................
Keytesville, M o...............
King Co., T ex
...........
Kingfisher School Dis­
trict, Okla.....................
Kingston, W is..................
K nox Co., Ind.. .393, 484,
„
539,
Knoxville. L a ..............
K noxville Sch. Dist., la !
Knoxville. Tenn.............
K okom o, Col............. .

722
47
722
392
99
6S6
722
484
7*8
96
721
685
775

acey Lev. & Drainage
Dist., 111...................
Laclede Co., Mo.........
La Crosse, W is........... .
Lafayette Co., M o........
Lancaster Co., P a ........ !.
Lancaster, Ohio..........’. !!
Lansdale, P a ..............
Lausingburg. N. Y.. .206!
i
.
302,353,
Lansing. Mich...........
Lapeer, Mich......
La Salle Co. Twp. No
33, 111........... .
.. ..
Lawrenceburg, Ind. . 487
’
Lawrence, K an........
’
Lawrence, Mass........302
Lebanon, N .J
Lee o., T e x ........... 485
Le Mars, l a ................
Lewes, D el.......................
Lewisburg, W . Va...........
Lexington Co., S. C .... "
Lexington, Miss......302!
Liberty. M o..........
1 ickm g Co.. Ohio
Lidgerw ood Sch. t is t .,
N. D. .
....251,437
Lima, Ohio........
Lima Sch. Dist.,O’ .'.’ .261,
Line iln Co., M o..........
Lincoln Co., ore ..
Lincoln, 111............ " 99
Lincoln, R. I ..
’
Little Falls, N. Y..’ . . " "
’‘
L ive Oak Co., T ex
Livingston Co., N. Y.
Lookport, 111,..; .. 685.
Lockport.N .Y. .99, 15*1.
Logan Co., K y .
Logan, Ltah
........ asp

L

NEW

IV ol . LXV

437
353
723
681
585
J48
302
585
677
723
200
485
637
485
637
630
149
251
47
251
685
149
777
723
351
353
435
198
251
302
302
628
200

677
302
97
485

Long Isl. City. N. Y.. 4rf,
99 M cL e lla n C o., T e x
47
Long pert, N. J .........
3^2
ville, Pa . . ! .........
778
Lorain C >., O nio............
777 M ea dan icsbu rg, . P.a .........
Loramie, Ohio...'........ 485, 077 M e ch rd M a s s .. . 9 9 ! 149* 2 5 4
M e d fo
251
L os Angeles. Cal .. 200, 539 M edia. P a ............ 99, 3>-4
485
L os Angeles Co., Domin685
guez Sch. Dist., Cal ...
99 i}® j£ °s e , M iss . 200 , 5 3 9 ,
M em phis, T e n n .302, 353
585
Los Angeles Co., VineM enard Co T e x
435
land Sch. Dist., C a l....
99 M e r c h m tv ille , N . J .......
778
Louisiana, M o.. ................
149 M eridian, M is s ..302, 394 ’,
677
Louisville, K y ....47,353
M eth u en , M ass
*
149
t
m
437,485!
538 M ia m i Co., I n d ..’. .............
96
L oud City Twp., Neb. ..
776 M ich
..............96
587
Lowell, Mass.............302
485 M id a iga nrt, O h i o . .14 7 ’
o
’
539
Lucas Co.. O h io ......585,
723 M id dle p e x Co., N j .........
le s
47
Ludlow, Mass....................
302
485
Luray, V a ..................302,
393 M id d le se x, M ass. .........
n.
.........
394
Lvndonville, V t ...............
353 M id dletow n, C onn ...........
M iddletow
N. Y
728
Lynn. Mass...............
149
M
Lyons, M ich.....................
630 id d letow n , O h io ’. ! ’.302
358*
728
M id d le to w n S ch .D is, Pa.!
acon, M o ...........
628
487
acoupin Co., 111.. .99
M ills Co., T e x . . .
S53,
538
j, '
2)9,539, t 85. 723. 778 Mi lvale. P a
, .........
149
393
Madisonville, Ohio.........
Madrid Sch. Dist., I a ...
677 M ilw aukee, w i s ’302’,'485
-»..
, m 586, 630, 677.’
778
Mahanoy City, P a ... 251,
M in e o la T e x . . ..
394
585
„ .
393,
437 M in n eapolis, M in n! ’. . 4 7 ’
M aine.........................
677
,,
200 ‘.
778
Malden, Mats ..................... 7*3 , , ,
M in n e
lis
o
Malta, O hio— 485, 585, «77 ~ trict.a p oin nS ch14o l D is M
___ 9 jsk
728
Mamaroneck, N. Y ........
723 M in n e so ta .......
97’
583
Manchester. N. H _ __!!
_
67; M ississippi........ . . . ! ; w
351
Manistee, Mich.........
«39
M isso u ri.............
is r ’
583
Marcellos, Mich........
723
M itch ell Co.. T e x "
’
147
Marice City, Ohio..
7^3
M 't e h e lllr r ig . D is.'.N eb!
149
Marietta Sch. Dist., P a„
M o b i l e , A l a ....... 149 200
249
M oline, 111 . . . . . .
,
0’ . 437
Marin Co., Fairfax Sch!
° '7
M ondam in S
677
Dist., Cal................ 302,
437 M o n e tt, W is ch . b is .’.'i a .
.............
198
Marin Co.. San R ifa e l
N. y ..................
«30
Sch. L is t , Cal........
«77 M o a r o e , U t a h. ." ..............
M on roe,
585
261 M o n ta n a ................ ...........
Marion Co.. Miss...... 200,
486
Marlon Co., W . Y a .........
302 M o n tg o m e ry . A l a !..*.‘¿ 4 7 !
Marion. In d ...............
685
677
Marlboro, Mass . . . 3 » «
437 M o n tp e lie r, 200.302,675,
Ind
437
Marseilles, 111.......... 639,
585 M o o re Co., T e x ..........863,
675
Marshall Co., W . Va.200,
M oran, K a n .......................
486
__ _ _
393!
5SP M o rga n to w n , W . Va.485,
Marshfield, W is.......630,
778
¿,7
778
Martins Ferry, ohio.437,
M orris Co., K a n ................
-r
48>,630,
723 M orristow n , I n d . . .. 251 * 675
Martin, T e n n ...302, 393,
585
•
fc
353, 485,
778
Maryland.................
405
Mort< n C<\, N. D
778
Mason Co., M ich........ ’
»7 M oscow S c h . Dis., Id a h o.
251
Mason, M o..................
261
M t. H e a lth y , O hio ..149,
261
Massachusetts. 99,149,
M ou n t K isoo, N. Y ...302
394
„
m
437,
485 M ount M orris, N. Y. . . . .
McKinney, T e x ........30*.
3«4 M o u n t V ern on S ch . D is­ 102
McLean Co., N. D ___853
485
trict, O h io ......................
723

M

LOANS

NEW LOANS.

* 00,000

Investment Bonds

County of Morton, N, Dakota, W ILM INGTON, D EL.
REFUNDING BONDS.

Bids are invited by the County Commissioners o f
the County o f Morton, 81 ate o f North Dakota, for
9 2 5 ( 0 0 0 worth o f refunding bonds in denomina­
tions o f $500 each, drawing five per cent per annum
nterest, interest payable semi-annually, principal
payable in 15 years from date, both principal and in
¡«rest payable in gold coin. These bonds are to be
issued to take up bonds com ing due and are issued
under the provisions o f Section 2036 o f the revised
code o f 1895 and follow ing sections, and will be free
o f taxation. Principal and interest will be payable
in New York City. Bids should be addressed to
County Treasurer o f Morton County, Mandan, North
Dakota, and bids will not be considered that arrive
May 21st, 1898. Bids should state
whether the bidder will take all or part o f the issue
*5 “ ,e“ oh bid must he accompanied by a certified
check fo r five per cent o f the amount called lo r by
ld’ Checks will be returned to the unsuccessful
Didders.
Financial statement o f county.
LOANS.

42 SINKING FUND LOAN.
Proposals will be received at the City Treasurer’s
. ntli * 2 ° ’01 ,ck ao noon on Thursday, April 28,
U

1898, for the purchase of all or any portion o f the
above loan to be issued in bonds of »50 or multiples
thereof. These bonds will be issued by authority of
Acts of the General Assembly and pursuant to ordin
ances of City Council.
^ h e s e bonds win bear interest at the rate of 4 per
cent per annum, payable semi annually on the first
days o f April and October, and will fa ll due and be­
come payable as follows:
$10,000 October 1st, 1925.
$29,400 A pril 1st, 1926.
$20,600 October 1st, 1926.
F or further particulars, address:
W IL L IA M H. CURRY,
___________ City Treasurer, W ilmington, Dela.

Funding bonds, $ 5,000, cu e June 1,1898
Bridge bonds, $5,00u, due Jan. 1,1899.
Court house bonds, $35,00u, due July 1, 1905.
T otal bonded d ebt....................................
stasnoo
F loating April 1, I808................ ...................... SSSk S
Total d ebt.......... %
..............
................... ........
h ig h g r a d e
In bond interest fu n d..........! ! .............................. 14 414
Assessed valuation 1897 $2,489,670!................
’
State, Municipal, County, School
Cash assessment about three-fifths o f actual value.
P. B. W ICKHAM,
b o n d s
County Treasurer.
M a n d a n , N. D., April 9,1898.
r*gai investments l i v i n g s Banks in New York.

-

.

$ 1 7 5 ,0 0 0

Los AngelesTraction Oo.
1 s t M o r tg a g e 6 % 2 0 -y e a r G old B onds .
Total issue $250,000.
First Mortgage at $14,000 per mile.
N et earnings fo r 28 m onths o f operation, $69,983 99
equivalent to 12# on the total issue o f bonds.
Population o f L os Angeles 103,079.
Send fo r full description o f property.

E. H. ROLLIN S & SONS,
1 » M ilk S tre e r , B o sto n , M a s s .

L IS T S

SENT

UPON

A P P L IC A T IO N

MEMBERS OF BOSTON A N D N EW YORK
STOCK EXCHANGES.

R. L. DAY & CO.
4 0 W a t e r S tre e t, B o sto n .
1 B r o a d S tr e e t, N ew Y o r k .

Government a n d
Municipal Bonds
BOUGHT AND SOLD*

A PPRAISEM EN TS M ADE OR QUOTATIONS
FURNISHED FOR TH E PURCHASE, S A L E , Ol
EXCHANGE OF A BO V E SECURITIES.
L I S T S ON A P P L I C A T I O N .

N. W. HARRIS & COH
B A N K E R S,
31 N A S S A U S T . IB an k of C o m m eree'B ld g .)

Municipal Bonds,

B A N K E R S ,
3 5 and 3 7 N assa u S tre e t, N e w Y o r k .
C in cin n ati.
L IS T S M A IL E D

_____ Philadelphia.
U PO N

A P P L IC A T IO N ,

ADAMS & COMPANY,
bankers

B lod get, M erritt & C o ., IN V E S T M E N T BONDS,
BAN K ER S,

Members o f Boston Stock Exchange.

16 Congress Street, Boston.

No. 7 Congress and 31 State Streets,




New York Savings Banks
and Trustees.

Rudolph Klevbolte & Oo., WHA1TN& SCHLESINGER,

d e a l e r s in

TATE, CITY A EAIJLROAI) HONRs,

FOR

BOSTON

2

W ALL

STREET,

-

NEW

YORK.

OFFER FOR SALE
P ittsb u rg h , P a ................... ................................... .
C in cin n ati, O h io ......................................... V 3 - 1 0 »
C in cin n ati, O h io ...................................
L o u is v ille , K y ................
.....................
Q ueens C ounty, N . Y ................... . ...1"..',".!!!4*

MASON, LEWIS & CO.,
BANKERS,
6 7 M ilk S tr e e t, B o sto n ,!
1 7 1 L a S a lle S tr e e t, C h icago .
OFFER FOR SALE
S to w e , \ t
..............
,
rI e d a lia , M o .................................... *......................
t r i n id a d , C o l. (G o ld )......................................... ,£«**
s a k e C ounty, lu i l...
.............................? »
Sou th O m ah a, N eb ..
...............V ............... » ■
M om ence, i l l . . . .
..........................................S i

825

THE CHRONICLE.

A p r il 23, 1898. j

IN D EX TC S T A T E AND CITY DEPARTMENT-CONTINUED.
North Baltimore. Ohio.. „680
North Brookfield, Mass. 3 5 6
___
North Dakota H ospital
fo r the Insan e..99.308,
353
487
97 North Dakota Industrial
School and School o f
Manual Training.........
630
486
261 North Milwaukee, W is150,252,
48o
North Pelham, N. Y .......
585
"VTapoleon, O h io....363,
IN
437,
677 Norton C o.,K an ... . . . . . . 3 0 4
724
Nashua, N. H ...................
437 Norwalk, O hio..........685,
723 Norwood, O h io..201,252,
Nashville, T enn.......160,
540,
677
Nachitoches, La.........
677
778
N avajo Co., A riz .............
akland, Cal
99
N eb ra sk a .-' .. . .
....
628
akland, Md.................
585
Nebraska City, Neb.......
630
48
Neenah, W is ............
.
99 Ocala, F la ...............
630
N em eh» Co., N eb ...........
778 Odell, 111..................... 485,
O h io ............................201,
647
Neodesha, K a n .. .99,251,
394
302,585,
677 Oil City Sch. Dist., P a. .
249
Neola. Ia .......... 394,640,
677 Oklahoma (see A rizon a).
394
Nevada, Mo ............. .
437 Olathe, K a n .....................
803
Newark, N. J. . .251,485,
640 Olean, N. Y .......................
Olivia Sch. Dist., M inn ..
437
New B edford, Mass. .302,
351
894,685,
677 Olympia, W ash ........
New Bremen, O h io.677,
778 Omaha, N e b ...48, 96, 99,
198, 249, 303, 353, 394,
New Britain, Conn..........
200
485,628,677.724.
778
New Brunswick, N. J.,
261.
778 Onancock, V a .. .252, 803,
353,
540
Newbury port. Mass. 353,
630
New Cumberland, Ohio.
394 Oneida School District
No. 4, N. Y ....................
724
New Haven, Conn— 99,
150
Orange Co. T ex. . . . . . . . .
437
New Jersey...... 251, 300,
^
485, 537, 685, 675.
724 Orange, N. J ...... 100, |53,
NewMexico(*e« Arizona)
249
Orange Sch. Dist., C al...
778
New Orleans, L a .......96,
249.394,
585 Oregon, M o . . . . . . . . . . . ¿ » j j
353
Newport, K y........ 47, 99,
201 Ortonville. M inn.... 201,
Osage City, K an. 303
Newport News.Va.,
Oshkosh, W is .,.147, 252,
48,201,302,353,394,640,
685
353,540.586,
677
Newport, R. 1......................
47
Oskaloosa Sch. Dis., I a ..
585
Newport School District,
Otoe Co.. Neb ......... • •
••
776
K y .....................................
201
778
New Sharon, I a ..................
778 Ottawa Co., O h io....100,
Ottawa, Ohio ...100,440,
585
Newton, M a ss....99, 201,
630
251,
437, 485, 540, 585 Owatonna, M inn .. . . . . . . .
Owosso. M ich........... 677,
778
New Y ork ... 99,201,251,
Owyhee Co., Ida...............
oil
894.435, 487, 485, 637,
63»
640,628,675,
775 Ozark Co.. M o............
New York, N. Y..-.95,201,
300
aciflc'Co, School DisNiles, Ohio........................
48
trictN o. 23, W ash ..
630
640
N orfolk, Neb....................
Paducah. K y . . . . . . . . . . ..
686
N orfolk School District,
Painesville Sch. Dist., O.
724
N e b ................
630,
724
201
N orfolk, V a...... ..................
437 Palatine, 111..,................
485 Paola City, Kan............... 3 5 6
Normal .III............. .252,
48
North Adams, Mass.724,
778 Paris, K y ..................
540,
677
Northampton Co., P a ... 3 5 6 Paris, T e x ...........
778
Northampton, M a s s.....
201 , Parkston Sch.D.,S.D .680,

M ount Vernon, N.Y.,149,
302,487.486,680,
M ount V ernon, O... .353,
394
M ultnom ah Co., O re... . .*
Muscatine, l a . . . 198, 249,
487,
Muskegon, M ich.............

778

..........

O

P

Parnassus, P a ......... .......
Parsons, Kan. (see Kan.)
Pasadena, Cal..................
Pascoag, R . I ............ 201,
Passaic. N. J ................. .
Paterson, N. J. .394, 630,
Paulding Co., O h io..100,
Pawnee City, N eb..........
Paw Paw, M ich.........686,
Pawtucket, R. 1...............
Payne Co.. Okla...............
Peabody. Mass................
Pearl River Co.. M iss___
Pekin, 111....................100.
Pennsylvania State N or­
mal School...................
Peoria. I l l ........48, 252,
Perry Co., Ill.....................
Perry Co., P a ...................
Perth Am boy, N. J...48 ,
Peru, Ind......... 437, 630,
Petersburg, V a ........ 303,
Petroskey, M i c h ___485,
586, 630,
Pettis Co.. Mo 586. 630,
Philadelphia, P a.9 7 ,252,
303, 435, 437,
Phillipsburg, N. J ............
Phillips Co., Ark...... 485,
Phoenix, A riz..................
Piatt Co., i l l ...............150,
Pierce City. M o............. -.
Pierce Co. School Dis­
tricts, W ash...........300,
Pierce Co., W ash.............
Pike Co., Cuivre Twp.,
M o...................................
Pike Co., M o............... 97,
Pike Co., Peno Twp., Mo.
Pima Co„ A riz................
Piqua, Ohio .............
Pittsburg, Pa .. 150,201,
Pittsfield, Mass...............
Pittsford, N. Y ........ 630,
Ptttston, P a ............... 351,
Pleasant. H ill Sch. Dist.,
M o...................................
Pleasant Ridge, O .. .201,
308,
Pocom oke City, M d.......
Polk Co, Independent
Sch. Dis. No, 13, Minn.
P olk Co., Minn .....43 7 ,
Pontiac Sch. Dist., 111....
Poquonock, Conn ..........
P ort Gibson, M iss..........
Portland, M e...................
Portland, Ore .. 48, 803,
853 438
P ort o f Portland, Ore...!

Portsmouth, O h io .......
630
Portsm outh, R . 1............
778
Portsmouth, V a..........202 252
Poughkeepsie, N. Y ........
641
Prairie Depot, Ohlo.,262,
303
Prairie Twp.. Ill............. 3 5 6
Preble Co., Ohio........641, 724
Prescott, A riz........... 642, 724
Providence, R . I — 4?8,
541,
677
pueblo. C ol.......................
97
Pueblo Co. Sch. Dist.
No. 20, Col.................
304
300
Pulaski Co., I l l ...............
Punxsutawney. Pa. .101,
3 0 4 ,3 9 4 .
725
48
778
394 Putnam . Conn................
436
249
ueens Co., N. Y ..........
304
uincy. Ill...... 202.353,
100
641.
725
724
363 Quincy, Mass...................
Quincy, Ohio...................
725
778
776 T J a cln e , W is ...160,392,
J ti
394,485.
586
252
778 Rahway. N. J ... .160,202,
686
437 Rains Co., T e x ..........638,
726
630 Raleigh Sch. Dist., N. C.
148
Ralls Co., M o........ ...........
724
262 Randall Co., T e x ............. „538
3 3 6 Rapid City, S, D ............. 3 0 5
435
Ray Co., M o..................
435 Bay Co. School District
No. 1, M o....... ...............
198
435
Reading, P a ...... 486,541,
686
435 Red Bank, N. J . . . . ........ 3 5 6
438
353 Red Bluff, Cal.......... 252,
725
435 Red Lake Falls, M inn...
48 Red Oak School Dis­
trict, l a . . . ...............726.
778
394
586
252 R ed Wing, M inn.......488,
630
540 R en o Co., K an.............
778
778 Reno. N ev.............. 586,
101
435 Rensselaer Co.. N. Y .......
Renville Co. Independ.
Sch. P is. No. 79. Minn.
58«
640
Rhode Isla n d ...438, 687,
778
303
540 Rich Co., Utah................
725
353 Richfield, Ohio................
Richland Sch. Dist., I a ..
677
96
724 Richm ond Co., N. Y .......
300
677 Richm ond, I n d .. .96,148,
438 Richm ond, M ich...... 485,
637,
778
160
778
1 5 2 Richwood, O h io .............
160
724 Rilev Co., Kan.,...............
677
Roachville, In d ............
587
541 Roanoke, V a,150,249,48o,
100 Roberts Co., S. D ............ 3 0 5
100
302
724
803
586
677
150
778
677
724
100
724
48
148

Q

NEW LOANS.

INVESTMENTS.

PUBLIC SECURITIES

Government, Municipal

SU ITABLE FOR

8AVING8 BANK AND T R U S T
FUNDS.

and Railroad Bonds

C H IC A G O .

NEW Y O R K ,

1 0 0 D e a rb o rn S t .

* W a ll S t.

W . J. Hayes & Sons,
BANKERS,

DEALERS IN MUNICIPAL BONDS,
Street Railway Bonds, and other high-grade in­
vestments.
BOSTON, MASS.,
C le v e la n d , O hio,
7 Exchange Place.
3 1 1 - 3 1 3 S u p erior St,

T he undersigned will purchase Mortgages and
other securities, Sheriff’s Certificates o f Sale, and
Warrants issued by Counties, Cities, Towns and
School Districts o f the State o f W ashington.

CALVIN PHILIPS,
C A LIFO R N IA BUILDING,

TACOM A.

»




W A S H IN G T O N .

BONDS.

Securities Netting from 3 % to 6#
A L W A Y S ON H AND.
Send fo r our Investm ent Circular.

DUKE M. FARSON, Banker
1 8 * D e a rb o rn S tre e t
C H IC A G O .

William E. Nichols,
Descriptive Lists on Application.

C. H. W H IT E & CO.,
3 1 N A S S A U S T ., N E W Y O R K .

SYRACUSE
RAPID T R A N SIT

RAILW AY

BONDS
Bought and Sold.

EDWARDC. JONES CO
NF.W YORK,
- 1 NASSAU STREET,
P H IL A D E L P H IA . - 421 CHESTNUT ST.

MUNICIPAL BONDS.

E. C. STANW OOD & Co.
BANKERS,

121 Devonshire Street«
BOSTON.

Fred. H

15 W A L L STREET.

-

NEW YO RK

MUNICIPAL W ARRANTS.
SEND FOR

LISTS.

W ARRAN TS.

Cable Address, “KENNETH.”

Washington Securities
Wanted.

S

M UN ICIPAL

BOUGHT AND SOLD.

BANKERS,

WILSON & STEPHENS,
41 W A LLST., N. Y., BUY
AND SELLOUTRIGHT OR
ON COMMISSION STAN­
DARD RAILROAD AND
MUNICIPAL BONDS. UN­
DERLYING AND SHORTTIME BONDS FORBANKS
AND INSTITUTIONS A
SPECIALTY. LISTS OF
OFFERINGS ON APPLI­
CATION.

acramento, Cal............
721
acramento Co., Cal.,
303,
485
Saginaw. M ich. .101,354,
438, 486, 541, 687, 630,
677,
725
St. Charles School Dis­
trict No. 5, ill................
202
St. Cloud, M inn.150.202,
641
St. Cloud School Dis­
trict, Minn.
.....725,
779
St. George. S C ....
..
202
St. Johnsville, N. Y.252,
725,
779
St. Joseph, M o..........
438
St. Joseph School D is­
trict. M o.. 150, 252, 300
303
St. Lawrence Co., N. Y ..
779
St. Louis, Mich.. . . . . . '. . . .
587
St. Louis, M o . ... ... .'. ,.. .
303
St. Louis Sch. Dist., M o.
«30
St. Marys, Ohio..252, 8.-4,
587
St. Marvs Twp., Kan...... 3 5 6
St. Paul. Minn. .202, 300,
438,630,
779
St. Paul Sch. Dis.. Minn.
150
St. Paul School District,
No. 1, N eb....................
488
Salem Depot. N. H .........
641
779
Salem, Mass.....................
Salem. O h io ............486,
541
Salem Sch. Dist., S. D ....
48
Salina, Kan.
......... ;..
97
Saline Co., 111....
....
675
Saline Co.. Kan
........
202
Saline Sch. Dist., K a n ...
630
Salisbury City, M o... —..
198
San Diego, C a l...,,,... ■
101
San Diego Co., Cal.. .«30,
779
Sandusky. Ohio — 725,
779
San Jacinto & Pleasant
_
Valley Irrig. Dist., Cal.
101
San Luis Obispo Co., Cal,
24 9

INVESTMENTS.

Municipal Bonds.

LISTS MAILED ON APPLICATION.

Farson, Leach & Co.,

Rochester, N. Y.101, 252,
353,438,
583
R ock Co., M in n ...... . . . .
48
R ockville Centre, N. Y..
541,725,
778
394
Rockville, I n d .. .,..........
Rockwood, T e n n ............
101
Rogers, Mich............. 438,
725
Rome, N. Y ...............725,
778
Rom e Sch. Dist. No. 1,
N. Y ........................202,
303
Roseburg School Dis­
trict, Ore........... ...............
863
438
R oyersford. P a ...........
Rum ford. Me................... 3 5 6
354
Rutland, V t ....................

Smith,

No. 8 B R O A D S T R E E T . N E W Y O R K .

STOCKS AND BONDS.
MARGIN ACCOUNTS SOLICITED
INTEREST ALLO W ED ON BALANCES,
arket Letter on Application. Correspondent)
Invited. Established 1868
A ll classes o f Unlisted Securities and Traction
Stocks Bought and Sold-

Carefully selected. High-grade State, County, City
and Public School issues, maturing in 6 to 24 m onths
and earning 6 to 8 per cent our specialty.
R O B T . E . S T R A H O R N & C O .,
E q u itab le B u ild in g .
B oston. M a s » .

1850.

1898.

The United States Life
Insurance Co.
IN T H E C I T Y O P N E W Y O R K .
A ll P o lic ie s n o w issu ed by th is Com pany
contain the fo llo w in g cla u s e s 1
“ A fte r one y e a r from the d a te ot issu e , the
lia b ility o f the Com pany u n d er th is policy
s h a ll not be d isp u ted .”
“ T h is p olicy c on ta in s no re str ic tio n w h a t­
e v e r upon th e in su red , in resp ect e ith e r ot
tr a v e l, residence » » o c c u p a tio n .”
A ll D eath JCIaims p aid W I T H O U T D I S ­
C O U N T a s soon a s sa tisfa c to ry p roofs h a ve
b een r e c e iv e d .

Active and Successful Agents, wishing to repre­
sent this Company, may communicate with
RICHARDE. COCHRAN,3 d Vice-President,
at the Home Office, abi Broadway,New York.
o f f ic e r s :]
G E O R G E H . B U R F O R D .......... ....P r e s id e n t
GEO. G. W I L L I A M S ................. wj X ice" £ res.ii?eni
p T f r a t /EIGH
>
.......................2d Vice-President
R IC H A R D E. COCH RAN ........ ....3 d Vice-President
A . W H E E L W R IG H T .....................
••••. .Secretary
t r, F E N W A Y .............................Assistant Secretary
W IL L IA M 1 STAN DEN ................................ Actuary
£
A R T H U R C. P E R R Y ........................
.......^ a s h le r
JOHN P . M U N N .................... ...........Medical Director

FINANCE COMMITTEE :

GEO. G. W IL L IA M S ..............Pres. Chem. Nat. Bank
JOHN J. T U C K E R ....
............
E .H .P E R K IN S , J R ...P res. Imp. & Traders’ Nat. B k.
JAM ES R. P L U M ................................................ Leather

T H E F IN A N C IA L R E V I E W
A N N U A L —1 8 9 7 .
Price $2 06. T o Ch r o n i c l e Subscribers, $160.
W ILLIAM B. D A N A COMPANY, 76}* Pine SL. N

Y

THE

826

c h r o n ic l e

IN D EX TO S T A T E AND C IT Y
438
San Mateo Co., Cal. .303,
779 Smyth Co., V a ..................
Som erville,M ass.... .. . -780
San R afael School D is­
252
trict, C a l......................
541 SoudertOn, P a .........203,
South Bend, w a s h ..........
249
Santa Ana, Cal..150, 486,
354
680.
725 South Boston, Y a...... .
South Carolina......... 300,
392
Santa Ana Co. School
631
D istrict, Cal........... .......
587 South Covington, K y ... .
South D akota..............
675
Santa Clara Co., Gilroy
587
Sch. Dist., Cal...............
202 South Hadley, Mass.150,
South Hadley Falls Fire
Santa Clara Co., GuanaDistrict, Mass — ;46B,
541
loupe Sch. Dist.. Cal...
587
South Lyon, Mich...........
'677
Sant i Clara Co.; Mavfield Sch. Dis., Cal.630,
779 South Norwalk, Conn.,
677,
726
Santa Clara Co., Sara­
toga Sch. Dist., Cal ..
587 South Omaha, N eb... .49,
101,
538
Santa Paula. School Dis­
..................
687 So. Omaha Sch. Dis.,Neb. 202
trict. Cal
587
Santa Rosa. Cal...............
97 South Portland, M e.......
892
South River, N. J ...........
Sault Ste. Marie. Mich.,
303
101,150.
894 Sparta. M ich.....................
Spartanburg Co., S. C ....
438
Schenectady, N. Y..202,
630
854, 894.
677 Spartanburg. 8. C............
Spokane. W ash........ 160,
202
Schoolcraft, M ich ,... 202,
252
252
Scotts Bluff Co., Neb ...
808 Springfield. Mass...... 203,
Springfield, Ohio........49,
Seattl e. W ash... .97,351,
150, 438, 486,
587
537,
538
252
Sedalia, Mo........... ..........
587 Stafford, V a ...................
198
Stanley Co., N. C.............
Sedalia School District,
150
779 Stephens Co., T e x ..........
M o........... ....6 3 0 , 725,
'854
Sterling, Col.....................
Sedgwick, Co., K a n .. .48,
588
252.
486 Steubenville. Ohio..........
Seguin, T e x ...............488,
779 Stevens Co. School Dist.
No. 53, W ash....................... 49
Seneca Falls. N. Y . . .392,
538
150
Senecaville, Ohio............
677 Stevens Point, W ls........
Stoneville. N. C...............
537
Sevier Co., T en n .. . . 150,
..49
252.
894 Stonewall Co., T e x ..
269
Seward Co., N eb.......803,
779 Suffolk, V a .................208,
198
Shackelford Co., T e x _
_
675 Sullivan Co.. Mo..........
780
Shawnee. Okla..........394,
486 Summerville. Mass........
Summit, Miss .............
631
Sheboygan, W is..48, 252,
486
488, 486, 587, 630,
725 SunflowerCo.. M iss........
Shelby Co., Ohio .49,101,
150 8uperior.Wis.97,101,351, 537
894
Shelby, O ,........................ 3 0 5 Sussex Co., V a . ... .........
721
Sheldon Sch. Dist., N. D.
726 Swampscott, M a ss....
252
Shell Rock Sch. Dist., Ia.
677 Sweet Grass Co., M on t..
252
Sycamore, Ohio.. . .......
Sherburne School D is­
trict, M inn.....................
488 Syracuse. N. Y. .150, 263,
364, 438, 541. 688,
678
Sherman, T e x ................ 6 7 M
Shiawassee Co , M ich ... .
252
acom a,/W ash.......435, 587
249
Shoshone Co., Idaho......
ampa, F la........... ¿101,
208
Shreveport, L a ........ 486,
677
488
Sidney, Ohio.....................
303 Tarentum, P a ............
• ilverton, C ol..................
677 Tarrytown School Dis­
102
trict. N. Y .....................
Sing Sing, N. Y.150, 894,
486
Taunton, M ass...........
49
Sioux City Indep. School
721
District, l a . .. .488,630,
779 Taylor Co., T ex ....486,
Taylorville. Ill................
726
Sioux Falls School Dis­
678
trict. S .D ................ 587,
780 Taylorville 9ch. Dis., 111.
203
Sioux Falls, S. D .............
776 Tazewell, V a ............. 160,
780
Slater, M o........................
438 Tekamah, N eb................

T

[V o l . LXVI,

D EP A R T M EN T —CONCLUDED.

252
Tennessee........... 97,102,
T etre Haute, I n d ... ,364,
687.
688
Terre Hhute School Dis­
trict. In d ................ 542,
678
Terrell, T ex. ...486.642,
678
Territorial Indebtedness 775
T exas..................249,435,
637
Thnrstcm Co., W ash.
892
Tiffin, Ohio....... .394, 438,
486,678,
726
Tippecanoe City, Onfo...
354
Thomaston, G a........ .
688
Toledo, O h io.......97,148,
252, 308,392,395,
726
T oledo Sch. D ist..O.. 150,
252. 542, 588.
780
Tonawanda, N. Y ... .263,
803
Tonawanda School D is­
trict, N. V.......................
438
TOoele, U tah...............
487
Topeka, K a n ........ ... .102,
395.631.
726
T oronto, Can............. 102, 263
Trenton. M o.................
160
Trenton. N. J ...........438,
637
Trenton Sch. Dist., M o ..
683
Trenton, T enn ..........487,
"681
Tripp. 8. D...........487, 588, 678
TTOy, N Y ........................
778
Troy, Ohio........... 49,253,
303
Tucaer Co., W . V a .. .542,
678
Tulare Co., A lta Irrig.
800
Dist., Cal................... 97,
Turtle Creek. Pa............. 8
Tucson. A riz............. 542, 726
intah Co., U tah..........
102
later Co., N. Y ... .263,
395
Unadilla. Ga...... .....15 1 ,
354
Union City, Tenn
—
780
Union Co., S. D ........... ..
2o8
Upper Sandusky, 0.438,
678
Upton, M a s s ..................
678
Utica. N. Y ........ 203,258,
354
Uvalde Co.. T e x ...... .
079

U

"f Tailsburg, N. J...... 151,
487
V al Verde Co., T e x ....
628
97
Van Buren. M o , ...........
Van W ert Co., O hio.263,
488, 637, 678.721,
780
Ventura, C a l . . . . . , . ; . . . . .
-588
Ventura Co.,Santa PaUla
Sch. Dist., C a l ........ .
253
Vicksburg, Mi88.........151,
803
438
V igo Co.. In d ..........; .......
VincenneB, I n d .. .......... 3 0 5
V in ton Independ. Sch.
678
District., l a ...........

V inton, Ia ................ ><...
V irg in ia ................ . . .092,

,15,1 W est Orange School Dis­
538 t r ic t . Í P ____ ____ ...
R fr
w e s t Point, ¿Misa.., ¡487,
926
\17 ahpetop. N. D ... . , . .
688 W est Salem, Ohio...........
487
W alhaHa Sch. D., Sr .
C
780 W est Springfield, M as»,,
.
W altham , Mass...... .203,
103,679.
7§6
253,
303 W est Tampa, F la...........
SÖ5
W alton. N. Y , . . .....................688 ;W hatcom , W ash.............
249
Wapakoneta, Ohio.. .438,
W heeling, W. V a.............
435
, 688,631,
780 W hite Co., I ll..........438,
7z6
W apello Co.. l a ........ .
435 W ichita. Kan.......... .102,
203
Ware, Mass.............. ¿253, _,895 ■ lehle, V a — . . . ___
W
392
W arren C o .,K y ............... 3 0 5 W ilbarger Co., T é x ........
£42
Warren Co., M iss.. .. 161,
W ilkes Barre, P a ... ... ..
396
395,
438 W iíkinsburg.Pá.l02.J61,
254
Warrensburg, .M o,........
198 W ilkinsburg School Dis­
Warrensburg Sch. Dist.,
trict, P a .,......./780
148 W illiamson Co., Téx.679,
Mo......................................
726
Warwick, R. I ........... .
681 Williamsport, P a ...151,
¿42
W ashington...... 148, 800,
Wiiliamstowu. Mass.......
679
485.675,
721 ;Wilmer.ding, P a...............
438
Washington Co., W is_
_
,854 W ilm ington, Del.............
S80
W ashington. Pa......... .
678 W ilm ington, O h io ..,,...
487
W aterbury, C o n n .... 151. „263 W ilson Co.. Tex.588, 631, ,675
679 W ilton, l a ... .
W atertown, iVlass..........
#87
_
W atertown, N. V_ 303,
W inchester, In d .............
303
•395
631 W indsor, D l............ . . .
679
W atervliet School Dis­
W infield, Kan.. ..„1 4 8 ,
203
trict. N .Y ............... .488,
780 W mningbam Sch. D ie t.,
W atseka, 111............ . . . . . .
4:-8
Va. .................. 264,303,
396
679 W inoná«M ass.... .
Waukegan, 111___49,102,
396
Waukegan, W i s ...... i>03,
438 W inton Place, Ohio.688,
Waukesha, W ls ........ .-...
631
M l,
726
W axahachie, T e x ....97,
198 W ise Co., T é x ............542,
688
854 W oodbine Sch. Dist., Ia.
W ay cross, G a ...... ...........
679
Wayne,. I a ...........................
487 W oodbury .Co., lowa.251,
487
W ayne Co., M ich___151,
354 W ood Co.. Ohio...............
936
W ayne, Neb...............642,
780 W ooster. O h io................
683
W ayne, N. J ........................
¿87 W orcester Co., Mass.. . , .
¿96
W eatherly, Pa.....................
438 W orcester, Mass.203.542,
,
148
W ebb City, M o...................
688,
780
W e b b ,N . V .........................
198 W orth Co., Itfo........ .
305
W ebster C ity ,-la .,,...,,..
631 W yandotte, M ich ....542,
,780
W ebster Groves, Mo.487,
679 W ytheville, V a ...............
679
W ellesley. Mass..............
642
W ellington, Ohio ...254.
V^enia, Ohio.................
102
487.
679
580
W ellston, Ohio...........
ankton.'S. D ...... ’.162, 3 0 5
W estboro. M a s s ..,.» .,,..
780
avapai.Co.. Ariz..J&7,
198
W estbrook, M e___3945,
Yellow stone Co., M o n t..
726
726. 7'80 Yonkers, N .Y ... 161, 254,
W estchester Co., N. Y.,
354'487.
642
203, 487, 631,
679 York Co. School District
Westfield, M ass.2u3, .264,
895
N o. 12, Neb..................
679
W est H artford, Conn.,
York Sch- Dist., Pa. .487.
203,
3Ó3
642.
588
W est Liberty, I a .. . . . . . .
161 Youngstown, O ..49, 254,
. . ■
803, 365. 642,
588
W estmoreland C o„ P a ..
588
W estm oreland. K an.. . . .
895 Yuma Cp. sch ool Dis­
W est Orange; N. J . . .161,
642
trict No. 1, Ariz..,. . . . . .„438

Y

MISCELLANEOUS.

MISCELLANEOUS.

The Mutual Benefit

J. Spencer Turner*
SUCCESSOR ÎO

L I F E IN S U R A N C E C O .. N E W A R K , N . J .
AM ZI DODD, President.
Assets (Market Values) Jan.l, 1898.......$63,649,749 84
Liabilities (N. J., and N. Y . Standard).. 68,864,824 60
Surplus......................................................... 4,784,925 24

B rln ckerhoff, T urn er & Co.,
M AN U FAC TU RE R A N D DE A LER IN

the Insurance is c o n t i n u e d i n
value o f the P olicy will pay for;
or. if preferred, a Cash or Paid-up P olicy Value is
allowed.
A fte r the second year Policies are I n c o n t e s t a b l e ,
and all restrictions as to residence, travel or occupation
are removed.
The Company agrees in the P olicy to Loan up to
the Cash Surrender Value when a satisfactory as­
signment o f the Policy is made as collateral security.

CO TTO N SA IL DUCK

H A N D -B O O K

POLICIES ABSOLUTELY NON-FORFEITABLE AFTER
SECOND YEAR.
I n case of l a p se
f o r c e as long as the

OF

Railroad Securities.

by

Agents Wanted

JANU ARY

IS S U E .

American Express Co.

F I R S T -C L A S S C O M P A N Y .'

L IB E R A L CO N TR ACTS
UNEXCELLED POLI
IN CO RPO RATED 1848

(Issued Sem-jAnnually by the Publishers of the
IE S

Union Mutual
Life InsuranceCompany,

C o m m e r c ia l & F in a n c ia l C h r o n ic l e .)

OUR A N N U A L

THE

H igh est a n d L o w est P rices M o n th ly

FINANCIAL

REVIEW

Gives a m onthly range o f Stock and B ond Prices
fo r five years.
1883 issue g iv e s .......................1878-1882
1888 issue gives.........................1883-1887
‘ 1893 issue gives........................ 1888-1892
1897 issue gives.........................1892-1896
PRICE, $2 P E R COPY,
W IL LIA M B. D A N A COMPANY, 76J£ Pine S t„ N .Y

of

R a il r o a d

B onds

and

s t o c k s in

Y o r k , B o st o n , P h i l a d e l p h i a
m ore

C a p i t a l , $ 1 8 ,0 0 0 ,0 0 0 .

Isfettes TRAVELERS CHEQUES iinmr
dlately available as funds eteryWher

CONTENTS.

1878 —1896.

RANGE OF PRICES.

X a ta b lls h e d 1841.

65 BROADWAY.

A D escrip tion o f Rift. Stocks and
B o n d s a n d a St a t e m e n t o f t h e I n c o m e
for four years past, as well as the annual
charges against income.

P o r tla n d , M a in e ,

UNITED ST A TE S BUNTING CO.
A full supply all W idths and Colhrs, alway* in
stock,
1 0 9 D n a n e Street# N e w F ork *

L o s s e s paid im m ed ia tely u p o n co m p le tio n and a p ­
p r o v a l o f p r o o fs .

FI*c8 s s
£

AND ALL KINDS OF
COTTON CAN V AS FE LTIN G DUCK
C A R COVERING BAGGING,
R A V E N S DUCK, SAIL TW IN E , AO.,
POPE “ A W N IN G ” STRIPES.
AGBNT

and

New

B a l t i­

for the years 1896, and 1897.

F o u r Y ea rs’ R a n g e in Prices o f Active
Stocks—Being highest and lowest prices
made in each year from 1894 to 1897 in­
clusive.

Draws FORElCR DRAFTS in Sterli i
Francs, Marks, and Money Ördei
on all parts of the Commercial World.
Makes CABLE TRANSFERS of money
to England and the Continent
These facilities are obtainable at all
offices of the Company,

S EC U R E BANK VAÜLTS.

D ividends o n R a ilr o a d Stocks paid dur­
ing each of the years 1891 to 1897 inclusive

WELDED CHROME STEEL AND IRON

Price in Bed Leather Covers,

Bank and Trust ComparryStocks

R ound and Flat Bars and 5-ply Plates and Angles
FOR SAFES, V A U L T S , Ac.
Cannot he Sawhd, Cut Or Drilled, and positiYsily
Burglar P roof,

New York and Brooklyn
B OU GHT A N D SOLD.

CLINTON GILBERT
2 W A L L S T .,




NEW Y O R K .

• $1 00

To Subscribers of the Chronicle,

7
i>

d E K lU IN E

c h r o Me

steel

Sole Man’f ’ersrtn.tiie U.|8.
POR

W IL L IA M B . DANA COM PANY,
76*2 P in e Street, N ew Y o rk .

W

orks,

Kent A ve., Keap & H ooper S t s ..

B RO O K LYN . Ni V

SALB.

CHROIVICIJE VO LU M ES.
WILLIAM B. DANA COMPANY, 70JU*tae St’ .N Y

JB au k ß rs

a t x d $ y jc i f e je y g d u t

flt ü jte w

A . O . Slaughter & Co.,
BANKERS A N A BRO KERS,
1 1 9 -1 1 7 IiA HALLE STREET.

C H IC A G O . IL L S .
Shook Exchange, Chicagc

took Exchange and Chicago Board o f Trade.

W i l l i a m W i l s o n & So n s , E stab lish ed 1802.
W i l s o n , C o l s t o n & Co.,
1807*

Wilson, Colston & C o .,
Members o f Baltimore Stock Exchange.
BAN KERS,
„ , ,
2 1 H E a s t B a lt im o r e S tr e e t, B a lt im o r e .
Investm ent and Miscellaneous Securities a spec­
ia lty, and whole Issues handled.
.
„ ,
_
Exceptional facilities fo r dealings in all classes o i
Southern Bonds. Loans on Collateral Securities
negotiated.____________ _______ _ __________ _______
_

Mottu, de W itt & C o.,
Jamieson

&

C o.,

SOUTHERN, INVESTMENTS.

Chicago, Ills.

Sidney Loeb

&

John W .

Dickey,

BRO KER.

C o.,

Successors to Loeb & Gatzert,

Sankara and Brokers,
104 SOUTH P IFT H STREET

PHILADELPH.A.

W.

Clark

&

C o.,

Transact a general banking business.
Allows
Interest on deposits.
_
_
Il ' J
Members o f the Philadelphia and New York Stook
Exchanges, and connected by private Wire with
New York.

idward B. Smith & C o.,
BANKERS AND BROKERS,

A U G U STA , G EO RG IA .

MORTGAGE BANKERS,

F E A R O N & C O ..

P H IL A D E L P H IA .

169 LA SALLE STREET,
Private wire to New Y ork and Philadelphia.

and i n v e s t m e n t
S EC U R IT IES .

N o. 139 South Fourth St.,

NORFOLK, V A .

Members New York and Chicago Stock Exchange*

ftn x rn Q
Uö

B AN KERS A N D BROKERS,

Bankers and Brokers,

S T O C K S —B O N D S ,

H flr c fe .

PHILADELPHIA.

SOUTHERN .

CH ICAGO

Members New York

ix

TBE ] CHRONICLE.

A pril 23, 1898.]

B O U R S E B U IL D IN G .

PHILADELPHIA.

125 L A S A L L E S T R E E T , CH ICAG O.
’ First Mortgages fo r sale in large and small amounts,
netting investors 6, 5$6 and 6 per cent, securedby
l m proved and incom e-bearing Chicago city property

iO I E C n E M

S E C U R IT IE S .

Davenport & C o.,

Principal and Interest Payable In Gold.
CORRESPONDENCE SOLICITED.

B A N K E R S

A . G . Becker & C o.,

AND

B R O K E R S ,

R IC H M O N D , V IR G IN IA .
ESTABLISHED 1860.
Correspondence solicited and inform ation fu r­
nished about Southern State, Municipal and Rail­
road Investm ent Securities.
_ ;
R eferen ce-- Bank o f New York N. B A.

(INCORPORATED).

COMMERCIAL PAPER

Members Phlla. and New York Stock Exohange t

W G. H o p p e r ,

S. H o p p e r ,

.

W m . G. Hopper & C o.,
S T O C K AND BOND BRO KERS,

28 South Third Street, Philadelphia.
BONDS A D V ER TISE D on the market supplied at
SUBSCRIPTION PRICES.
Telephone 160.

C. W . Branch & C o.,

199 La Salle St., Chicago, 111.

h

Members o f Philadelphia Stock Exchange,

PITTSBU RG .

BANKERS AND BROKERS,
St a t b B a n k B u i l d i n g ,
R I C H M O N D ,
V A .
Private wires connecting with W ashington, Balti­
m ore, Philadelphia, New York, Boston and Chicago.
New York Correspondents: Messrs. Ladenburg
Thalmann & Co. and Lehman Bros.

CINCIN N ATI.

Irwin, Elfis & Ballmann,

N . Holmes & Sons,
RANKERS.

P IT T S B U R G ,

BANKERS; AND BROKERS1

CORRESPONDENTS

De a l e r in C i n c in n a t i B o n d s .

Bank o f New York, N. B. A .
First National Bank o f Philadelphia.

No. 37 East Third St,. Cincinnati, Ohio

P IT T S B U R G ,

B A N K E R S ,

S raso n g o o d &

M

PENN.

18 W A L L

ater,

STREET, NEW

E s t a b l i s h e d 18 03.
MEMBERS OF N EW YO RK STOCK EXCHANGE
A llow in te re s t o n d e p o sits s u b je c t to s ig h t c h e c k
Buy and Bell o n co m m ission sto ck s an d b o n d s eithei

W , e a rn e r, T h ir d and W a jn u t S tre e t»,

C IN C IN N A T I, O H IO .

MUNICIPAL. BONDS.

fo r ca sh o r o n m argin, a n d de a l in

High-Grade City, County Tow n and School Bona»,
Issued in leading prosperous States e f the Union,
especially adapted fo r safe and permanent invest,
tnent fo r Estates and Trust Funds.

W lx ïtïu Q

Whitney & Stephenson,
BAN KERS A N D BROKERS

N o. 57 F O U R T H A V E N U E .
Oldest Pittsburg Members N. Y . Stock Exchange.

Investment Securities.
H. J. MORSE. CHAS D. MABVIN. W

PA.

ESTABLISHED 1871.

"STORK

M KlDDBB

T . Mellon & Sons’ Bank,
P IT T S B U R G H , P A .

S a p je v .

w

GENERAL

B A N K IN G ,

COLLECTIONS

IN V E S T M E N T S .

m is c e l l a n e o u s .
mining

investments .

H . J. von Hemert & Co.,

B A N K E R S - S H O U L D T H IN K

BAN K E R S AND B R O K E R S,

Mprp seriously about, the paper used: in : their ac­

COLORADO

cou n t books. Do you. know the Whiting Linen
Ledgers? They are perfection, and will withstand

Members Colorado Springs Mining StoekAssociation
W eekly Market L etter sent upon application.

the severest tests of erasure and re-writing.

Ed w a r d s W h i t a k e r ,

They

Recommended by oculists.




COLO.

CHARLES HODQHAN

3 0 0 NortR F o u rth Street*

W H IT IN G P A P E R C O M P A N Y ,
and

-

BO ND A N D STO C K B R O K E R S *

W rite for, samples, and booklet, free.

H o l y o k e , M a s s ,,

-

Whitaker & Hodgman,

are made in tints that give the eye most ease by nat­
ural or artificial light.

S P R IN G S ,

S T ; L O U IS

150 D u a n e S t r e e t , N e w Y o r k .

J a m e s R ic h a r d so n

H OW ARD LEE CLARK

Richardson & Clark,
BANKERS,

w

25 Exchange Street, Providence, R. I«
Commercial Paper, Bond», Stocks and
Local Securities,

1

THE!] CHRONICLE.

IHM"*'

[Vol. LXVÎ.

■ d».laui-hi.l<«indh«kl

©xritiro*

ffitr a ttc ia l.

W . T . Hatch & Sons,

WOODW ARD

BANKERS AND BROKERS,

& S T IL L M A N ,
Chas. Fairchild & C o.,
COTTON

ME R C H A N T S

16 to 22 WILLIAM S T R E E T
NEW

96 Broadway & 6 W a ll S t., New York*

High-Grade Investments,

Members o f N. Y . Stock and P roduce Exchanges.

29 W a ll Street, N ew Y o r k .

Dealers n investment stocks and bonds.
Personal attention g ven at the New York Stock
Exchange fo r the purchase and sale on commission
o f stocks and bonds fo r cash or on margin

Members N ew Y ork

YORK.

S tock

Exchange .

COTTON OF ALL GRADES SUITABLE TO
WANTS OF AMERICAN SPINNERS.
L e h m a n , St e b n & Co., Lim ited, New Orleans, La.
L e h m a n -D u r r Co., Montgomery, Ala.

LEHMAN

BROS.,

C O M M IS S IO N M E R C H A N T S ,
Nos. 16-22 W illiam Street,
NBW

YORK.

H A VEN & S T O U T ,
BANKERS AND BROKERS,
1 Nassau Street, Corner W all Street,
f N EW YO RK STOCK EXCHANGE,
Members o f j N EW YO R K COTTON EXCHANGE,
[ CHICAGO B OARD OF TR AD E.
Orders executed on above Exchanges In

MEMBERS OF THE STOCK, COTTON, OOFFEE AND PRODUCE EXCHANGES,
NEW YORK

BONDS, STOCKS, COTTON, GRAIN.
^JCrttDW.

Orders executed on the above Exchanges, as well
In New Orleans, Chicago and foreign markets

F.

H.

Prince &

C o.f

BANKERS1

B O ST O N , MASS.
HIGH GRADE INVESTMENTS
Members o f New York and Boston Stock E xchange,

Henry Hentz & C o.,
C O M M IS S IO N

M ERCH AN TS,

R I O R D A N & C O .,

16 to Dit William Street, New York.
EXECUTE ORDERS FO R FUTURE! D E L IV E R Y

Cotton, Grain,

C O T T O N ,

Stocks,
R. A . Lancaster & Sons,

At the New York, Liverpool and New Orleans
Cotton Exchanges. A lso orders for

43 COTTON EXCH AN GE,

BAN K ERS,

NEW YORK.

Mo. 10 W A U L S T R E E T ,
MEW Y O R K .

C O F F E E ,
A t the New York Coffee Exchange, and

C R A IN

AND

DEALERS IN

P R O V IS IO N S ,

INVESTMENT and MISCELLANEOUS
SECURITIES.

A t the New York Produce Exchange
and the Chicago Board o f Trade.

Southern Securities a Specialty.

Hopkins, Dwight & C o., Hubbard Bros. & C o.,

A . S. Van Wickle,

Coffee Exchange Building,

B AN KER,

ANT

Hanover Square,

No. 1 BROADWAY, NEW YORE.

SOUTHERN PRODUCE

N SW YORK.

INVESTMENT SECURITIES.

COTTON, COTTON-SEED OIL

C O M M IS S IO N

MERCHANTS,

Reem S3, Cotton Exchange Building.

COTTON

M ERCHANTS.

UNITED STATES BONDS
Bought and Sold by

N E W YO RK
Gustavus C. Hopkins,
Charles D. Miller.

Luoius Hopkins Smith,
Samuel Hopkins.

Geo. H. M°Fadden & Bro.,
CO TTO N M E R C H A N T S ,
PH ILAD ELPH IA.
Live rpool correspondents ,

Frederic Zerega Sc Co.
McFadden. Zerega Sc Co.

B remen Correspondents .
M. T. MAINE.

WM. RAT.

Geo. Copeland & C o.,
COTTON B R O K E R S ,
1 8 9 P e arl Street,
N ew Y o rk .
Cotton landed at mills from Southern markets a
•specialty. Orders fo r future delivery oontracts
executed on New York Cotton Exchange.

Mason Smith & C o.,

Liberal Advances Made on Cotton
Consignments.

Cahoone & Wescott,
Members New York Stock Exchange,

18 W A L L S T R E E T ,

R. H. ROUNTREE & CO.,
COMMISSION MERCHANTS,
C o t t o n , G r a in , P r o v is io n s a n d C o f f e e .
COTTON EXCH AN GE BUILDING,
N EW YORK.
PA U L SCHWARZ.

G. HOWARD WILSON.

Paul Schwarz & C o.,
COTTON commission m erch ants ,
1 William Street. New York.
Members New York Cotton and Coffee Exchange.

L O C O M O T IV E S *
Richmond Locomotive & Machine W orki

NEW FORK

Sauk*.

FIRST NATIONAL BANK
OF MILWAUKEE.
CAPITAL,
SURPLUS,

.
.

.
.

.
.

.
.

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

Transacts a General Banking and Foreign Exchange
Business. Collections receive Special Attention.
OFFICERS:
F . G. B i o b l o w , P r e s ’t.
F . J. K i p p , Cashier.
W m . BiGBLOw,V.-ITest. T. E. Ca m p , A ss’t Cashier.
F. E. K r u b g b r , 2d A ss’t Cashier.

San Francisco.

RICHMOND, VIRGINIA.
SIMPLE OR COMPOUND LOCOMOTIVES
T H E IR OWN DESIGNS OR TO SPECIFICATIONS

COTTON COMMISSION MERCHANTS, Modernly equipped shops.

T h e First N ational Bank
OF SAM FRAMCISCO, CAL.

MEW ORLEANS, L A .
MEMPHIS, TEMM
D ALLAS. T E X .

_
Annual capacity 30 0 loeometlYos
Terms made satisfactory.
Correspondence Solicited

Capital, 9 1 ,5 0 0 ,0 0 0 I Surplus, 90 50 ,0 00

Buyers o f Spot Cotton. Orders fo r Contracts exe­
cuted In the New Orleans, New York, Liverpool and
Havre Markets.

Fifth Avenue Hotel,

S. G. M u r p h y , President. JA8. K. L y n c h , Cashier.
J a m e s M o p p i t t , V.-Pres. J. K. M o p p i t t , ASt. Cash*
General Banking Business. A ccounts Solicited.

Gao. W .

Ba il t .

J. A . M on tgo m ery

Baily & Montgomery,
■ * . Co m m is s io n m e r c h a n t s ,
■«
Uetlfun Exchange Bldg.
NEW Y O R K ,

M a d iso n Square, N ew Y o r k .
The largest, best appointed and most liberally
managed hotel in the eity, with the m ost centra
and delightful location*
________ _______ HITCHCOCK. D A R L IN G & CO.

Haskins

&

Sells,

i E xecu te Orders fo r future Delivery o f Cotton.

Certified P ublic Accountants,

Grain and Provisions

NO. 3 0 B M O A .D S T., t< E W FORK.




UNITED STATES D E POSITARY

C anal Bank,
NEW

O RLEAN S,

LA.

(Successor o f N. O. Canal & Banking Co.)
J. C. MORRIS, President. E D W A R D TOBY, V ice
Pres. E DGA R NOTT, Cashier.
Correspondents—National City Bank, Natioha.
Bank o f Commerce, New York; Boatm en’s Hank at.
£ 0?.la-' N .W . National Bank, Chicago; M erchants’
national Bank, Boston.